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Bus. ADM.
library
I*W WVifc} ^ eA/
MONDAY
,V
21945
fitjy 1
Reg. 0. S. Pat, Office
Volume 162
New York, N.
Number 4437
Y., Monday, November 12, 1945
Price 60 Cents
Copy
a
General Corporation and Investment News
RAILROAD
PUBLIC UTILITY
-
Air Cargo Transport Corp.—Common Stock Offered—
Aireon Manufacturing
Public financing on behalf of the corporation, was made
Nov. 2, with the offering by Bond-& Goodwin Inc. of
300,000 shares of
ORGANIZATION
New
AND
March
Jersey
charter
service
exclusively.scheduled
fly regular
nor
At
shares
It
does
not
offering
mail
carry
or
Otis
Each
6,000
ration
has
expected
be
of
planes
has
capacity
cargo
a
Delivery
five
of
of
the
of
the
to
be
shortly.
made
the
have
to
reconditioned.
last
The
the
of
Corp.
&
p.
Co.,
according
Cleveland
to
press
plans" to make
—V,
2138.
dispatches,
has
week
in
bananas,
the
heurage,
average
July of
this
This
Net
In
avocadoes and
the
like.
the
In
and
three months of
first
ing station in Manhattan in
New
Boston
With additional planes in operation,
be augmented sufficiently to meet any
course,
all
will
receive
and
from,
from
expenses
of
such
In
shares of
Is
the
of
stock
estimated
securities.
receive
the
securities
sale
the
sale
the
common
Of
the
Is
stock
that
300,000
shares
purchase
of
stock
common
covering
warrants
not
contemplated
future
proceeds
any
issuable
these
that
all
will
the
from
sale
of
and
Transactions
of
purchase
by
secured
notes
money
York
of
Motorized
—J
like,—,
vehicles
and
i,*
*
«
$111,000
25,000
'This
to
loan
down
tioned
such
equipment
now
for
made
payments
contracts
curities
in
was
contracts
on
should
before
offered.
the
it
be
receipt
to
The
purchase of the above-men-:
necessary
or
advisable to enter into
proceeds
any
has
already
the
from
been
used
for
of
sale
this
to
plans/
present
toward
for
C-47."
a
It may cost
CAPITALIZATION
as much
GIVING
TO
PRESENT
"Of
stock
which
(par
$1)
Stock
Exchange—2287
cise of the warrants.
are
'
reserved
•.
MANAGEMENT—The-names
of
for
issuance
the
directors
•
.
Roy
and
executive
officers
Louis
•.
.
Director.
DeCoveny, Director,
William
Thomas
'
,
,
L. Rome, Executive Vice-President and Director.
'
M. Reilly, Secretary. Assistant Treasurer and Director.
Malcolm
v
*F.
elected
Minor, Director.
Smart, Director.
Total
Features
Malcolm-Minor
directors,—V,
and
162,
p.
**William
1882..
.
.
A.
.
.
Smart
....
have
not
,;
.
yet beeen
.
_
#
.
j
/:;
the
the names ox tne under¬
which transports per¬
company,
-1944—
-1945-
Consol.
$2,224,028
199,957
$3,083,631
246,061
48,648
$2,901,464
102,652
165,528
——
$2,024,071
$2,837,570
31,978
93,235
123,252 / " ——-y
Con sol.
191,855
$2,161,255
—
income—
—
$2:375,431
Net
—V.
for
—
income &
1
<
.
•
$2,930,805
184,429
1,409,000
1,837,794
$680,860
$881,203
27,379^.
...
1,493,000
1,877,716
$940,665
taxes
profit
$2,179,301
89,441
$3,004,116
158,268
27,467
' $791,139
profits
162. p.
91,292
>
sub.
:
665.
...
Clearings———2305
—2306
of Member
American Beverage Corp.—Makes Exchange
.
"
Offer—
The'corporation proposes-to offer to preferred stockholders, in ex¬
change for each share of their present stock, one share of a new $1
par prior preferred stock carrying a .20-cent annual dividend and one
of Federal
Share
Banks
of
convertible $5
to
or
$117,290,
at the rate
par
share,. and will be cumulative
cents a-share, or $17,593 per year.
$2.33Vi
of 35-
in
dividends on the present out¬
preferred stock will by Nov. 30 amount
stock." Arrears
common
standing 7%
(&
Subs.)—Earnings—
per
thereafter
J.
$177,935
$1)
could
next
preferred
at
Allied Kid Co.—Changes in
Personnel-
Agoos
has
been
Simons
associated
has' been
with Mr. Agoos since
1918—V. 162,
be
,
p.
1161.
-
prooosed
to
be
20
—
.
that the future
paid
those
cents
per
holders
share
Dividends
on
preferred
stock
to
the
P.
•
.
,
.
The new prior preferred stock to be voted upon,by.the stockholders
a
special meeting Nov, 27,
will consist of 50,267 shares.
It is
retained.
elected President, succeeding Solomon
who becomes Chairman of the board of directors.
Mr. 3imons
Benjamin
present
directors
$10,000 a
,
preferred for many years to come and when
paid is problematical.,
: '
believe, however, that the corporation could during
fiscal
year
and indefinitely
thereafter pay approximately.
year in dividends, equal to 20 cents a,share on the present
stock.
S
its
on
The
the
1945
1944
1943 •
1942
$330,390
$282,872.
$294,470
269,700
262,800
262.800
262,800
Earnings
per
share-—
$0.66
$1.26
$1.08
$1.12
"■After
interest,
depreciation. Federal income .and . excess profits
taxes.—V. 162, p. 1385.
■
1 .
——
corporation
977.-
are
does
dividend
who
per
the
do
new
late
not
on
the existing preferred stock
the exchange be changed
make
with
the
right to existing arrears.
prior preferred stock and the present
except in those years in which
year,
cumulative
be
not
earn
.
ELECTRONICS
the
amount
of
the
dividend.—V.
.
.
:
NEW YORK
STOCKS, INC.
RAILS
DIVERSIFIED
INDUSTRIALS
Municipal Bonds
INVESTMENT FEND
DEPARTMENT
PROSPECTUS ON
Kobbe, Gearhart & Company
REQUEST
'
cAllen
&
Compan y
Established 1928
INCORPORATED
Members
45
Telephone:
HAnover 2-2600
NEW YORK 4, N. Y.
Bell Teletype:
NY 1-573
—
Company
$3,148,154
246,690
$2,353,110
income
excess
Sept. 30—
income
"Net
Shares common (par
SPECIALIST IN
89 BROAD STREET
■
Co.—Earnings—
Sept. 30-^-
div.—foreign
provision
-
Industries, Inc.
FLORIDA & NEW JERSEY
MUNICIPAL
News.2265
Sales..2315
,
,
2009.
p.
mail by air over routes totaling 6,698 miles within
Other deductions
to
■
be
tractors
manufactured
the $2,000,000 will provide funds for standard¬
equipment/ procuring instrument flight facilities and
airplane
arrears
.
*F.
♦'William A.
could
until
for
amendment.
by
prospectus of
property and
year
Allen
9 Mos. End.
the
corporation are as follows:
Penzell, President, Treasurer and
Alexander Westerman, Director.
H.
years
Killian, President, in. a letter to stockholders, point out
that earnings for the year ending Nov, 30 will be substantially less
than the $40,953 reported for the last fiscal.year.
He says the cor¬
poration would not be able to pa:y current dividends of $17,593 per
'
»
of the
•
supplied
the
Dennis
exer¬
„
not
few
that
162,*
shares, .the price to the public and
Miscellaneous
400,000 shs.
upon
booked
are
next
with the SEC an unspecified number
proceeds to the company of $2,000,000.
The
net
to
Balance
Outstanding
*1,000,000 shs.
120,000 shares
com¬
Curb Exchange,—2287
FINANCING
Authorized
Common
to
Earnings
Depreciation
$200,000.
as
EFFECT
orders
the
Company
-2306
of
_.__2306
—————-—-—--—2306
Sales
Auction
quarter
per
■■■,.'• "
shares
American Bank Note
System.
Reserve
Federal
$3.48
cents
registered
has
company
9 Mos. End.
——-
Statement
Condition
the
purchase of one or
possibly two Fairchild Packets when that plane, or some similar cargo
plane, is available for purchase.
The Fairchild Packet has a cargo
load of 17,500 pounds as compared with a cargo load of 6,000 pounds
-
of Bank
for
would absorb all
facilities.—V.
be
izing
Averages..————2287
Banks
Reserve
with the purchase of the six C-47 planes.
remaining $339,700 of proceeds will be used for working capital
according
55
or
enlarging other facilities.
2304
Foreign Exchange Rates—
Combined Condition Statement
se¬
purpose
connection
The
and,
Course
equipment
demand
expanded
will
sons,
Redemption Calls & Sinking Fund Notices.2306
Dividends Declared and Payable
^——2307
apply
the
for
of
$30,000
funds
$1,280,943
the
2303
State and City Bond Offerings and
'50,006
-
providing
1,776,092
for
the Territory of Alaska,
:
2300
Section—2302
General Corporation and Investment
30,000
—
of
purpose
equipment
common
Pfd.
5,000
—
Repayment to Founders of loan——
-
—a-—
was
stock
made.
that
According
—2302
Miscellaneous
154,000
—.
farm
are
Div. from for. sub
—
equipment!—
ground
Hangar facilities
and
added
firm's
the
number of
'
the
farm
writers
chattel
mortgage on flight equip, purchased from RFC—
;
Cost of conversion and reconditioning such flight equip
Purchase of spare engines and parts, radio equip., supplies
and
Tractor
The
;—1.2299
Markets
New
Stock and Bond
follows;
Repayment
30,
preferred
on
SEC—
2299
Exchange.
Transactions New York
the
used
requirements
1945 net proiit
*$3.51'
American Airlines* Inc., of Anchorage—Registers with
-,^.*-,.2298
,.__-.-._-2300
Exchange—Curb
Over-the-Counter
will
warrants.
allocated
be
Stock
Toronto
*$2.45
dividend
Geist
with
___._.._^.2299
Toronto Stock Exchange
120,000
corporation
exercise of the
the
upon
proceeds
the
and
^l.__2298
.
Stock
Curb
1,776,092
share--——-
229T
....—
Montreal
$6,186,133
1,776,092
shares—..——
common
shipments
Mr.
2297
Exchange
Montreal Stock Exchange
corporation
27,100,000
$6,782,605
period
actual
Stock Exchange.4.——.———2300
St. Louis Stock Exchange
2300
$714,700 net, after payment
incident to the issuance and sale
$36,500
immediate
common
expected
the
of
stock
the
14,185,000
29,303,133
23,120,000
$5,231,888
profits taxes
exc.
J——
Sept.
alone.
2292
Pittsburgh
this personnel will,
increased need.
sold
are
2277
Philadelphia Stock Exchange.
approximately
at
It
offered
1943
33,882,605
Walter Geist, President, said reconversion problems were relatively
simple and that production was well under way on a backlog of
approximately $51,000,000 in orders in general machinery division
...2288
Detroit Stock Exchange..
Eos Angeles Stock Exchange
operating personnel consists of approximately 17 em¬
including flight and operating personnel as well as executive
PURPOSE—If
Stock
(Stocks).
(Bonds)..
Exchange-.-*;-*,
Cleveland Stock Exchange.
delivery service.
or
Exchange
Exchange
Exchange.,
Exchange
Chicago Stock Exchange
present
personnel.
It
pickup
Stock
Curb
Cincinnati
time for the
store-door
York Stock
Baltimore Stock
weighing and documentation
before
departure for
the airport for loading.
Delivery is effected
only to the destinated airport but arrangements can be made for
trans-shipment for export or for local delivery; corporation does not
regularly maintain
York
New York
1944
19,416,888
share compared with $2,654,384 or $1.33 per share for correspond¬
of
1944.
Billings
for the
Sept.
1945
quarter
totaled!
$60,043,259 compared with $97,141,960 in the third quarter of 1944.
Page
New
oper¬
Subs.)—Earns. *
(&
mon
.
Stock and Bond Quotations
plane, the number of payamount in dollars of such pay-
the
Issue
ing
Lodestar
Lockheed
one
was
This
v
general, the handling of a shipment from the New York area
present,fellows An established pattern.
After the charter arrange¬
have been completed between the shipper and the corporation?
delivery by the shipper is made to the corporation's depot or receiv¬
of
&
per
'After
ended
Miami,
to
of
Earnings
saw the first commercial flight
shipment by Commercial Solvents
a
Co.
1945
charges
profit
Number
In
shares
Sept. 30—
Federal income
year
was
Cumulative Pre¬
1
Stock
$229,818,572$273,887,508$206,496,730
Profit after
at
The
York
Allis-Chalmers Manufacturing
of these
age
Corp.—Listing of 4%
Stock—
New
$i 32
"
Stores
9 Mos.Ended
corpo¬
ments
ployees,
The
'
1385.
p.
*
$329,104*
$1.39
....
Billings
being put Into service, it will
checked and, so far as necessary,
flight
In
7,279,
load aggregated $2,362.
now
162,
1944
$347,003
-
—
1
——
Exchange has authorized the listing of 200,000
Shares of 4%
cumulative preferred stock (par $100), issued on Sept.
19, 1945 pursuant to an offering.—V. 162,, p. 1882.
345,'
p.
several hundred pounds
Ind.,
ation, using the
load miles flown
t
'
1945
-
share
per
ferred
confirmed
Inc.—Earnings—
Sept. 30—
after taxes
Allied
-
offering of common stock
an
profit
Earnings
Allan
of pencillin from its plant in Terre
Fla., en route to Sao Paulo, Brazil.
Since
that
time
a
variety of articles have been transported from and to
points in Maine, New York, Indiana, Florida and intermediate points,
xor
example, drugs,
household
goods, lobsters,
glassware,
baggage,
as
162,
9,863
Before
planes
Expressed
corporation.
Haute,
.
stock.—V,
common
for
planes is 1,000 flying hours.
of
of
real
Allied Laboratories,
9 Months Ended
Net
The
approximately
planes
for the purchase of all
property, of that corporation in exchange
already been made and delivery of the remaining plane is
to
necessary
six
these
pounds pay-load.
of Lewis Elec¬
the capital stock
MISCELLANEOUS
-
-
stockholder?
corporation, representing a "substantial" part of the holdings
P. Kirby, President of the company.. /
'
proposed offering/ as yet indefinite as to details, according
to reports, will be filed with the Securities and
Exchange Commission
within the next month, so that the registration
will become effective
shorly after the end of the Victory Bond Drive on Dec. 8.—V, 162,
of
corporation operates one cargo plane, a Lockheed
Lodestar—icargo version), having a capacity of 3,500 pounds payload.
Corporation has recently purchased from the Reconstrustion
Finance
Corp, six Douglas C-47 planes at a price of $20,000 "per
plane.
the
the
of
passengers
routes.
or
the
present
with
California,
of
Aireon
of
Co.—Proposed Acquisition—
contracted
reports it is "working on
all-cargo
an
has
INSURANCE
-
Alleghany Corp.—Stock May Be Offered—
Application
Florida.
The
Inc.,
certain
and
BUSINESS—Corporation
was
formed
in
It is qualified to do business as
a
corporation in New York, Maine and
qualification in other States will be made.
corporation is engaged as an air carrier
*
company
tronics,
1945.
12,
foreigu
for
This
stock (par $1) at $3 per share.
common
INDUSTRIAL
-
New
York Security Dealers
Telephone
Philadelphia Telephone
REctor 2-3600
Enterprise 6015
HUGH W. LONG and
Association
NASSAU STREET, NEW YORK 5
Bell Teletype
New York 1-576
COMPANY
r
INCORPORATED
48 WALL STREET
.
NEW YORK 5
634 SO. SPRING ST.
.
10S ANGELES 14
161,
COMMERCIAL & FINANCIAL CHRONICLE
THE
2266
—
—
charges,
New
Preferred Stock
to
56,491 shares of
value.
of
$100
cumulative redeemable
6'.*
#-
ended Sept.
nine months
Net
directors have
The
Sept. 15,
June
15,
—V.
161,
Dividend—
share on the
to holders of record Nov. 23.
Light Co.—Adopts SEC
American Power &
Premium on
ed
Opinion.—
for
order
an
enforcing and carrying out
cannot be consummated
which
plan,
Healy dissented.
voluntary
have a
bonds
company"
option of the
r
Company Is under a
is being
contested
This
more
tional
by the
American was invalidated
order against
opinion held the
effectuate the provisions
He held the proposal to
pay off the debt at its principal amount plus accrued interest is "fair ,
and equitable" to the creditors and stockholders.
He added that a
Requirement that the company pay $1,100 and ^accrued interest for
each $1,000 debenture is "unfair and inequitable" to the stockholders,
Robert
Commissioner
his dissenting
in
Healy
E.
payment of American's debt is necessary to
of Section 11 of the Holding Company Act.
and
debt-holders
those
to
debentures
approval of the
!•
The
•
stock
•
*
purchased in Dallas
being
The interest
the
91%
purchase
common
a
holding
to provide
Sale of Central Arizona Common—
The Securities and Exchange Commission has approved the proposed
sale by the company at competitive bidding of
all the outstanding
B40.000 shares (no par) common stock of Central Arizona Light &c
SEC Approves
'
Power Co.,
Mill Co.- (& Subs.)—Earnings—
1945—3 Mos.—1944
1945—9 Mos.—1944
•Net
earnings
$1,460,795
$916,350 $5,408,223 $3,357,841
tEarns, per com. sh.-_
$0.33
$0.14
$1.35
$0.64
•After
all
charges including Federal excess profits
tax, normal
tax arid surtax.
tOn 2,868,738 shares outstanding.—V. 162, p. 2010.
American Rolling
Sept. 30—
Telegraph Co.—Reopens Ra¬
diotelephone Service to France—
Radiotelephone service between France and the United States, inter¬
rupted since the German occupation in May, 1940, was restored for
public use on Nov, 7.
While evacuating the Paris area the German
armies wrecked the French transmitting station at Pontcise, so that
new short wave radio equipment had to be shipped from the Western
Electric Co. in this country and installed before the transatlantic sery*
American
Telephone &
resumed.
ice could be
three-minute call between* New York and Paris has
|>een reduced to $12,
Before the war, France was one of the heaviest
traffic points in Europe for the transatlantic radiotelephone service,
The
rate
for
i—V. 162, p.
a
Electric Co., Inc.—Output-
electric properties of this corporation for the
week ended Nov. 3, 1945, totaled 80,205,000 kwh,, a decrease of 6.49%
under the output of 85,772,000 kwh. for the corresponding week of
1944.
Comparisons follow:
output
of
the
Kilowatt-Jtfaur,
1945
Week Ended—
Nov.
Oct.
3__^
a..,
13—-,—
•Corrected
:
——
Oct.. 20
Oct.
-U.
*
271!
the
figure.—V.
.
—
162,
p.
80,205,000
80,477,000
72,735.000
73,160,000
2139.
1944
.
Deer.
6.49%
85,772,000
85,789,000
.
6.2
86,324,000
15.74
*85,447,000
•14.38
of
on certain type planes
changiing control which is
accomplished
is
electric
an
-
the
pilot.corporation On Nov. 5 announced the establishment
by
headed by E.
department
S.
of an export
He was formerly service
of contract administration.
Safford.
$21,000,000
totaling
Damages
are
Over Patents—
asked
•
in
a
suit ' against
the
filed in the U. S. District Court, Wilmington, Del., by
gix individuals of Washington, D. C.,
who claim Bendix made mis¬
representations to the U. s: Patent Office to obtain a patent on
an
invention ■ for the elimination of short wave radio static caused
company,
.,
addition
in
to
ask
and
device
the
for
plaintiffs
The
systems.
ignition
by
for
a
damages.—V,
the
Beneficial Corp.—Formed by
:"See
Society
Loan
Beneiicial
claim
they hold patent rights
to that effect
declaratory judgment
162, p. 2141;
.
below.'.
-
Consolidation—
;
Beneficial Loan Society
(no par).-—V.
Pre¬
162, p.
162, p, 1276.
plan.—V.
i
Bigelow-Sanford Carpet Co., Inc.—New Treasurer—
;
1883.
Increased—
Oct. 28,'44
;»
John
-....
.
'
r
at
by Mark Dunnell. who
associated with the company since 1926 and its
1938, has in addition been elected Assistant Treas-r
"
been appointed Assistant Controller:
He i3
Kenny,
J.
since
Accountant for the mills.—V. 162, - p.
Chief
"
present
'
2655.
p.
875; V. 161,
of Preferred—
preferred stock held
by the Atlas Corp. pursuant to a call for redemption of all of BonwitTeller's outstanding 5 % %
cumulative convertible preferred stock ha? '
been exempted, by the SEC from the provisions of Section 17A of the
Bonwit-Teller, Inc.—Redemption
redemption by the company
The
of shares of its
Act.
redemption. Bonwit-Teller will borrow $1,200,000 from
Co. before the end of the year. The lean will!
bear interest of ,2',4%. a year and will be payable in instalments of
$125,000 at the end of each, of the first six years and $450,000 at the
Investment Company
To
'
effect
the
the Manufacturers Trust
end
.
,
"
,
as Treasurer
effective Jan. 1.
John O. Plomquist has
urer,
'
•'
the
will be succeeded
Controller.
now
Secretary
m
.
witbr
director.
a
Deknatel
Mr.
is
Treasurer
as
accordance
Nov. 7, that Frank H. Defcnatel, associated
and its predecessors for more than 52 years,
and First Vice-President on Dec. 31 in
company's retirement plan.
He will however,
on
corporation
this
retire
remain
f
.
"announced
was
with
will
Sanctioned—
,
— -
following
31,
merger
9 Mos. Ended
system.-
Output—
(Del.)—Consolidation Effected
the Bankers National Investing Corp. merged on
meetings of the stockholders of both companies!
The- merged corporation will be known as Beneficial Corp.
Holders
of over 80%
of the stock of each of the companies approved
the
and
This" Society
•
seventh
the
of
year.
redemption, the company stated, will eliminate pre¬
reqilirements of $87,939 per annum at an interest
cost bf approximately $27,000 in the first .year,
but decreasing in
subsequent years.—V. 1G2, p. 2011.
- • • •
*
The
trustees
electric
week
V.
of
162,
the
output
ended Nov.
kwh.,
2,493,245
Associated
Gas
Associated
the
of
Electric
&
Gas
&
report
Corp.
Electric
Group
for
that
the
1945, amounted to 129,315,961 kwh., a decrease of
the corresponding week of last year,—
2,
1.9%, from
or
The -
Co., Inc.—
Winslow,
B.
offices are
Baker company
whose manufacturing facilities and general
Omaha, Nebraska.
* •
in
conducted
are
tributors
are
established
in
63
through
a
distributor
nation-wide
in
Washington.- Baker
foreign
countries,—V. 162, p. 1883.
'
of
the
parent
company
Los
dis¬
Oct.
on
Boston
The
franchises
it
Maine
&
Roy B.
White on Oct. 29 announced that this road has Just
authorization
for
the
construction
of
new
and
improved coal
at Lorain, O., to cost about $3,000,000.
'
The
improvement
will consist principally of a
new
car dumper/
j
H
VImvipaiiy OI a new car
ilkheads,• slips, and yard facilities sufficiently large to accommodate
hund
hundreds of cars.
Order for the new car dumper has already been
placed.
It will ccst more than $1,000,000, will be electrically operated,'
have
>
purchase all the properties and
and the Peterborough company,
In consideration
thereof,
of the Concord company,
first-mortgage bonds of
amount of $80,000, all
canceled.
No actua) cash will be involved in the
to defray minor expenses incidental to the transfer
which
will
be
properties.—V.
the
162, p. 2141.
;
...
j
received
handling
facilities
and
to
company,
company
principal amount of $500,000, and the
Peterborough, company, in the principal
the
of
proposes
Concord
the
the
of
Facilities
to purchase the
& Claremont (N. H.) RR. and
the
their rights- to exist as corporations.
surrender the first-mortgage bonds
will
in
of
transaction except
'Baltimore & Ohio RR.—New Coal Handling
authorized
16
properties and franchises of the Concord
the Peterborough & Hillsborough RR.
except
.
activities
Sales
organization with
branch
offices
Angeles,
California "and
Seattle,
ICC
The
Vice-President and General Manager, on Oct.
30 announced the appointment of Sterling F. Smith as General Sales
Manager.
Mr. Smith will be responsible for all
the sales of the
William
etc.—
Boston & Maine RR.—Purchase,
-
Baker Ice Machine
located
proposed
ferred stock dividend
2139.
p.
Bridgeport Brass
Co.—Production Records—
.
aumper,
sufficiently large to accommodate
dumping capacity of a carload a minute:
The new facilities are planned to be completed for the
the 1947 lake season.—V.
162, p. 2140.
1
a
opening of
Eighty years of brass making, which reached its climax when staggering production records were achieved, was observed by this company
on—'
l, 1939, to Aug. 14, 1945, produced: 2,945;castings; 1,755,700,773 pieces of 30 calibre cups;
calibre cups; 1,639,110,870 pounds of sheet and
strip: 495,390,099-cartridge cases, 27 different sizes; 486,060,910 pounds
of rod and wire; 178,581,245 pounds of tube and pipe, and 2,835,023
pieces of Aerosol dispensers.
The directors recently voted a five to six miUion""dollar expansion
and modernization program which will add to the casting capacity, the
The
company
l>u.8d9
nounds
from Nov,
of
100,569,126 pieces of 50
.
Bangor & Aroostook RR.—Promissory Notes—
The
ICC
Exceeding
(
pitch
of
attachment-
.
SEC
erio'«f
American Water Works &
Power
decision,
hnii-h
2010.
of
reduction
and
Bendix Aviation, Inc.—Sued
•
the Associated Gas & Electric Co.,
certain subsidiaries of the latter
the
Period End.
the Grumann Widgeon,
take-off time from the
ground ruft requirement by
the R-200, tested on
shows reduction of
pianes,
47.25%
and during the war was in charge
■4—V. 162, p. 2141.
' ,
Oct. 28,'44
; Weekly
Product—
'
The
;
has sanctioned the Joint plan
Associated Gas & Electric Corp.,
which provides for the transfer,
to them of the legal title to certain securities held in their portfolios,
but registered in the names of so-called "nominee partnerships."
At the same time, the Commission authorized the applicants to dis¬
solve the
"nominee partnerships," which were created by Howard C.
Hopson when he acquired control of AGECO.
They, were known as
Day $c Co., Dean
Co.,-Drake & Co. and Holland & Co.
t
; *
The Commission's ruling declared that the existence in the "nominee
partnerships" of legal title to the portfolio, securities beneficially owned
by system companies -"Is contrary to the standards of Section Il-B-2
of the Holding Company Act" because it complicates the structure of
subsidiary.—V. 162, p. 2139.
a
believed to be.
Revenue Acts/
to renegotia¬
propeller for use as an integral
manager
$68,267,121
the holding company
controllable pitch
a
type,
other
the
sales
Oct. 27,'45
Oct. 27,'45
unanimous
of
larger
nand-operated
and
Power.& Light comprises
and the new holding company will offer to
the remaining
publicly held shares at the same price, or $69.84
share.
The SEC has directed that the charter of the new
company, to be known as Texas Utilities Co., be amended
for cumulative voting rights.-
of
preferred stock,
of $3.75 cumulative
a
is
451.
p.
variation
The
•
with
reported by subs.
companies---,^ $28,031,005-$25,123,764 $77,517,761
162, p. 1162.
In
of
provision
no
excess profits tax under existing
has no government contracts subject
post-war
by
30.5%.
,
-
'
,
water
:
>
Associated Gas & Electric Co.—Plan
Light Corp.
.
American proposes to add the Dallas company to its present Texas
holdings, Texas Power & Light Co. and .Texas Electric Service Co. in
formation of a new intrastate holding company.
American has stipulated it Will dispose of its interest in the new
Texas holding company system by Oct. 24, 1946.
of
and
P-19
about Nov.
'store
Electric Power &
162,
Another
It
—V.
the Executives,
of
Federal
has authorized the listing of 161,522
Associated Dry, Goods Corp.—Sales
Sales
& Light Go. Approved—
SEC has approved the application of the company to acquire
control of Dallas Power & Light Co. from its present owner,
1044
$5,965,044
•
condi¬
$3.75 Cumulative
"
Period—
Commission.
1945
-
aircraft has been started by this corporation;
it was announced Nov. 1.
Two
years -of
research by the Army Air Forces precipitated the
development of the R-OGO type propeller which was used extensively"
on
.the L-4J Liaison .(grassnooperi. planes, showing an increase in
rate of
climb and decrease in take-off time of from 15 to
26 %n
Oct.
——Quarter Ended
Control of Dallas Power
opinion
company
Manufacture
.
Armstrong Cork Co.—Listing of
shares
at
each five
1634.
'
the securities
from
The New York Stock Exchange
whom American has repurchased
open market purchases with the
from
proceeds
ferred Stock—
the basis of tenders or
on
commission.
or
net
for
$6,608,004
Beech Aircraft Corp.—Announces New
r
will be added-to the general
funds of the company and will be used for the acquisition of property,
the construction-extension or improvement of its facilities or the im¬
The
stock
Co.—Earnings—
Ended Sept. 30—
for
the
feature
approximately 31 days-after the date of suctv mailing.
• • .
;
Because these securities are believed to be exempt from registration
they have not been registered, and it is not Intended that they will be
registered with the Securities & Exchange Commission.
.'
};
Warrants and warrant scrip will be issued for the purchase of 20,611.2,
shares of common stock and may be issued for the purchase of an addi¬
tional number of shares not exceeding 250.6 (based upon the maximum
number of additional shares.possible to be issued in payment of South¬
ern
Union Gas Co. dividend).
Accordingly, the minimum number of
shares subject to Sale" Upori exercise of warrants
and warrant scrip
Isi 20,611, and the maximum is-20,861.
There will be no underwriting
discounts
the
In
tion.—V.
provement of its service.—V. 161. p. 106.
Court.
Supreme
to
to
30, 1945) from the office of the First National Bank of Chicago, trans¬
fer agent, Chicago, to stockholders of record on Nov. 8.
If not exercised
all the warrants and warrant scrop, and all purchase rights, will expire
•J
to subscribe
right
15.—V. 162, p.
3,219,350
and
Following
at a special meeting of-stockholders, N-oy. 27, 1945.
approval warrants and warrant scrip will be riiailed (on or
capital
Nov.
$2,745,694
$1.24,
required
approval by company's stockholders of an amendment to
of incorporation increasing the number of authorized
shares from 106,000 to 150,000, such amendment to be acted
upon
the
given
are
3,152,826
upon
common
1
Net
certificate
the
3551.
~
Stockholders—
and warrant Scrip Is
warrants
p.
profit from operations.,
—$3,455,177
Earnings per share on outstanding stock
$1.55
;
transfer agent
.warrants. See of¬
been appointed
upon surrender
delivery of
Nov.
record
of
Barnsdall Oil
9 Months
date
and
151,
profit, after interest and Federal taxes—
Deductions for
additions to reserves and for
lease costs written off during periods
—
authorized the: issuance and delivery
of rights entitling such stockholders
8j
below.—V.
Oper.
,
'
record Nov.
issuance
;The
*
.
dissolution
..
shares of stock so received.
Inequitable" to the debenture holders,
of 30 days to give American Power an
mission's
Agent—
j-
,
of old stock certiticates issued
hy the other, merging corporations), will, not be aifeqted by. the record
date of Nov. 8, 1945, as to stock so "received
but will contemporaneously
with their receipt of such stock, if prior to expiration of the warrants
and scrip/receive wararnts and/or scrip entitling them to purchase
for $5 per share, payable in cash, one additional share for each five
the plan
disapproving
has
Gas Co.—Rights to
directors has
of
of
coming'its stockholders
as being "unfair and
withheld it? order for a period
opportunity to amend the plan
to provide for the retirement of the debentures at 110.
The Commis¬
sion
also denied
American's request for authority to continue its
program for open market purchases of its debentures.;
.
The debentures affected included $33,386,300 of 6% gold debenture
bonds, due 2016, and $3,003,300 of Southwestern Power & Light Co.
0% debentures, due 2022, assumed by American.
:■
American's proposal.called for the retirement of these bonds at 100%
plus accrued interest, with a provision for reinstatement if the Com?
in
'*
666.
45%.—
Corp.—Rights—
share to one additional share of
Subscription rights will expire on
a,
held.
but at any time-prior to expiration of the warn
rants and warrant'scrip, in payment of a dividend in shares of Arkan-.
sas
Western Gas Co.
(declared by Southern Union Gas Co., to its
stockholders of record on Nov. 1, 1943, and to persons thereafter be-»
The
call provision permitting redemption "at the
at 110%. of their principal amount.
Commission order to liquidate and dissolve.
by the company before the U. S. Supreme
applied.
Commission
The
p.
stock and common stock purchase
the record
after
that the debentures have a present-day
of their principal amount and that ~
retirement at a lesser price would be "unfair", to the debenture holders.
The decision rejected the company's contention that, since the retire¬
ment was compulsory under the Holding Company Act, the maturity
*'
Stockholders
$3
all other
the
of
price of 100
board
The
majority decision found
not less than
110%
The
.
$1,857,766
$2.35
and
V. 162, p. 2139.
stockholders
Court.
value
$1,955,958
$2.37
depreciation
or
Investing Corp.—Consolidation—
Society
Loan
Barium Steel
purchase for $5 per share, one additional share of common stock of
company (par $5),
for each five shares held of record on that date.
:
Persons
receiving stock certificates of Arkansas Western Gas Co.-
four-to-one
deben¬
This is
The Securities and Exchange Commission on Oct. 31 in a
denied company permission to retire its $36,389,600
tures at 100 and held that any retirement must be at 110.
the first time and the Commission has required the payment of
than the principal amount in
an involuntary debt retirement.
,
5,008,606
,
'
Commissioner Robert E.
'f
162,
Bank & Trust Co.
common
Arkansas Western
the provisions of the
until such an order
decision
1943.—V.
of
Chemical
the
fering in
*
amended
4,734,724
—
for
Angerman Co., Inc.—Transfer
Bonds—SEC Approves Plan—
has been entered.
act
revenue
for
plan for retirement of outstanding 6% gold deben¬
ture bonds, having been brought into line with views expressed Oct. 31
by the Securities and Exchange Commission, was approved Nov. 8
in a 4-to-l ruling of the SEC.
As now amended and
authorized, the plan provides for the retire¬
ment of American's debenture bonds due in 2016 and the Southwestern!Power
and Light Co. 6%
gold debenture bonds due in 2022, which
it assumed, at 110 plus accrued interest.
,
The Commission announced that it would apply to a Federal District
Court
:
made
been
debt
company's, funded
reduced by $137,550
2140.
p.
Beneficial
See
the
transaction
have been
will
charges
$6,866,372
$6,690,682
has been made on the basis of the rates
company's
The
has
this
of
.
reduced by $2,708,000, or 33%, over the past two years,
been
interest
161,
1944
1945
-
to be dharged.
In response
best bid, specifying an interest
made by the National Commercial
N. Y., and has been accepted.—V. 162,
The
Albany,
Bankers National
and
come
The
Will Pay
'
V.
Subs.)—Earnings—
(&
of
completion
Upon
will have
w-ue
including income and excess profits taxes.
Provision for in¬
excess profits taxes for the 12 month? ended Sept. 30, 1945,
fixed by the applicable amfend-
charges,
17, March 15, June 15 and
Payments in 1944 were as follows: March 15 and
each; and Sept. 15 and Dec. 15, 50 cents each.
this year.
25 cents
p. 2550.
Corp.
jkd. divs
share after
com.
per
NOTE—Deduction
declared a dividend cf 50 cents per
capital stock, no par value, payable Dec. 15
A similar distribution was made on Jan.
serve
profit
Earns,
Co., Inc.—50-Cent
American Meter
Sept. 30—
to
proiit from operations
Provision for income & excess proiits taxes.
ioj,((ZO
•
——
accepted.
was
Co,
Trust
interest
was
annum,
per
plied to the redemption on Dec. 1 of the company's out¬
standing $6,000,000 first mortgage 3%s due 1966.
the
directors
the
continue
to
Net
$230,775
& taxes
profit after charges
—V.
162, p. 1386.
able
12 Months Ended
30, 1945
Gross income
Net
is
but
1937,
since
Anchor Hocking Glass
Corp.—Earnings—
France—Foamite
for
Appointed President—
of
meeting
President
health
ill
unchanged.—
Earnings
recent
a
Yoerg,
rate..of
received.
were
Bangor Hydro-Electric Co.r—Bonds Placed Privately—
Company has placed privately, through Smith, Barney &
Co., an issue of $5,000,000 first mortgage bonds, 3% series
due 1975, on a 2.75% yield basis.
The proceeds, together
with funds from the company's treasury, are to be ap¬
'
,,
and
60%
resignation of Leon M.
Mr. Yoerg has been in
as a director and will
also serve in the capacity of executive consultant.
Tnos. H. Blodgett,
Chairman
of the Board was elected President, to
fill the vacancy
created by Mr. Yoerg's resignation.—V. .roz,
a .3.
At
90
American-La
,;
provides for estimated total Federal income
taxes at the composite rate of 65% for 1945 and
Thos. H. Blodgett
of present outstanding 6%
non-cumulative non-redeemable
will be given the option, exercisable for a period of
days after the amendment becomes effective, to surrender their shares
for retirement for
$100 per share in cash, to convert their shares
Into the new preferred on a share for share basis, or to retain their
present holdings.
The common stock will remain
162, p. 1386.
shares.
360,224
&
the
name
bids
1.40%
2140..
p.
1944.
for
Holders
V.
depreciation,
for
tOn
profits
excess
preferred stock
par
preferred
providing
taxes.
Bank
$0.30
$0.34
interest and estimated Federal
NOTE—This report
special meeting held on Nov. 5 approved an
the certificate of incorporation providing for a new
amendment
of
income
Approved—
of
rate
$0.11
$0.08
share
com.
per
•After
stockholders at a
The
issue
tEarns.
to
thereto' 6
1945—9 Mos.'—1944
$108,017
$123,499
1945—3 Mos.—1944
$28,582
$39,301
profit
•Net
depreciation and t*xes,«
•After
bidders
Corp.—Earnings---
Paper
30—
Period End. Sept.
1945—9 Mos 1944
$742,921
$916,791
1945—3 Mcs.—1944
$550,598
$540,274
Period End. Sept. 30—
•Profit
Writing
American
Subs.)—Earnings-
(&
American Ice Co.
unpaid
on
Oct.
$436,800
portion
of
22
of
the
authorized
promissory
purchase
the
company,.to
notes
price
in
of
issue
at
par
not
further evidence of the
certain equipment to be
acquired under conditional-sale agreements.
The
applieant
invited
29
financial
institutions
•
to
bid
"tire
for
the,
financing of the balance of the purchase price of,the equipment,, the
stem
and
plumbing departments,
ments.
•'
and the sheet and rod depart*
•
Bridgeport'Brass was one of the com-'
panics to deveipp the famous Aerosol disoenser which was used through-,
out the war to kill infectious, insects.—V. 162, p. 2141.
In
"
addition to this program
:
Volume
THE COMMERCIAL &
Number 4437
162
FINANCIAL CHRONICLE
2267
i
-
Bristol-Myers Co. — 'Stock Split-Up Proposed—De¬
clares Ei&ra Dividend—Reports for Third Quarter—
The
•will
stockholders,
vote
JTor-one
•of
upon
•value
of
The
$2.50
55
par
JNov;
16.
Interim
1,
June
declared
of
both
and
Sept.
Period End. Sept. 30—
.
cents
this
taxes
to
or
55
made
of
earnings
per
"After"all
,
.
common
and reserves, except taxes.
outstanding on Sept. 30, 1945.
outstanding on Sept. 30, 1944.
stock
common
stock
162, p. 2141.
240,000
.$1.87
profits
in
to
to
be
of
but,
Buffalo, Niagara & Eastern Power Corp.—Consolida¬
is
vote
Buffalo
Niagara
below.—V.
Corp.
162,
Buffalo Niagara Electric Corp.—Merger
•
On
JPower
to
fill
a
board
Qf
held
Approved—•
and
Electric
The
the
filing
Lockport
Newfane
&
of
consolidation
Corp.
said
Power
the Department
in
As
the
the
nine
new
office
will
Accordingly,
detail
the
on
of
.
divide
elected
board
Eastern
Electric
•each
:5%
Corp.
series
of
•
Corp.
being
of
converted
the
into
consolidated
of
the
Each
corporation.
preferred stock,
holder of shares
.
the
first
preferred stock of Buffalo,
Niagara '& Eastern Power
has.become entitled to receive, upon surrender of his certificate
•Corp.
certificates
■or
the
number
same
solidated
cf
of
accrued
such
shares
corporation,
•dividends
.stock
representing
of
and
and
stock,
preferred
also
will
for
troubled
to
;for
the
which
of
Power
total
of
of
Co.
of
the
of
Nov.
such
each
Trust
been
equal
being
resolutions
directors,
with
the
officers
general
the
New
Such cash
preferred
become
York,
and
stock
'
,
Fiscal
$5,687,500
Buffalo,
in
cash
Niagara
.
.
of
&
$66,373,194 has been deposited with The Marine Midland
New York,
Redemption Agent, -for the immediate re¬
the
the
of
••that
the following constitute the board
Electric Corp.,
surviving consolidated
of
directors
of
and
Edward
V
ice
,
announced
Buffalo
i
Niagara
J.
Barcalo,
Euffalo; George J. Brett, Syracuse; William L.. Collins,, Buffalo; Nor¬
man
R. Gibson, Lewiston Heights;
Arthur W. Jackson, Buffalo; Wil¬
liam Kelly,
Buffalo; Daniel J. Kenefick, Buffalo; John T. Kimball,
/Syracuse; Earle J. Macliold, Syracuse; H. Edmund Machold, Ellisburg;
.JRob Roy Macleod, Buffalo; A. T. O'Neill, Town of Tonawanda;
Paul
company:
-A.
Schoellkopf, Lewiston; Charles A. Tattersall, Syracuse; George P.
•Urban, Buffalo, and Harold R. Waldron, Buffalo.
'■■■-,
,
Mr. Schoellkopf
also announced that at the organization meetipg
•of
the
board
directors
of
.following
executive
.Machold,
Paul
.Eorman
R.
A.
of
•
•
Niagara
William
committee;
Schoellkopf,
Gibson.
Buffalo
Daniel
J.
Electric
Corp.,
Kelly', Chairman';
Kenefick, A. T.
H.
share.
,
j
connections
with
the
Co.
reconversion;
Other
*
officers
are
and
of
the
Norman
"R.
Engineer;
X.
Francis
Doherty
from
the
F.
dealers
in
the
has been substantially
and
mtge.
."Secretary,
and
Asst.
Treasurers:
Schoellkopf,
1764 and 875.
Paul
(hoard.—V. 162, pp.
James
Jr.,
A.
Asst.
E.
and
power
to
wholesale
stock
directors
>position
/the
the
of
and,
interest
The
1945.
company
of,
payment
/income
Incidental
gas.
of
electric
and
total
figures
for
the
therefore,
in
to
due
to
FUNDED
DEBT
OF
AS
and
fixed
income
the
interest
corporation
will
be
of the corporation ended
the
earnings
on
at
the
of
rate
Sept. 30.
the £7
revenues
'—v.
161,
JULY 31,
and
1943
1942
958
506,987
496,487
481,758
-
'
•
,
'
Total
no
The
>■
ings
preferred
held
Profits for
,
-will
be
and
Oct,
on
"32,250,000
the
./announced.
plan
to
special
exchange
This
for
p.
*
1635.
on
Stock
Nov- 2 offered
Offered—
as a
second¬
ary distribution $100,000 4% perpetual debenture stock
106.25 and interest to yield 3,76%.
Trustee Appointed—..
The
City. Bank
Farmers
Trust
.
Co.
has
been
appointed
trustee
r$20,000,000 equipment trust certificates, series H 1945.—V. 162,
•v
10 Days Eded Oct.
"Traffic
—V.
31-
earnings
162, p.
"$750,fl4
$919^667
2142.
fh« Commercial and Financial Chronicle
1945
$10,038,000
p.
of
2142.
1944
$9,926,000
1,
due
to
"rate credits"
of
C.
The
Allyn and CoM" Inc.
Wisconsin Co.
'
—V.
Milwaukee„Co.___-__
162. p. 1636.
„
Butcher
Sherrard_._„_
Elworthy & Co
of
Co.
Mexico.
drug
EARNINGS
ended
State
basis,
Business
1944
Its
Henry F/Swift & Co.
Davis, Skaggs & Co
15,000
Grimm & Co
15,000
Wesley Hall &
15,000
j
15,000
15,000
to
June
5
jobbers
the
YEARS
June
income
of
■-
30,
divided
to F.
S.
and
and
of
10
fancy-
cent-
several
30,
taxes
ENDED
1945,
and
and
company
JUNE
net
net
storo
thousand
30
sales,
net
income
its
incomo
after
predecessor
,
taxes,
were
a at
taxes
to Nov.
' $18,149
-
27,259
22,064
34,529
55,581
•
92,370
171,614
•
*
671,529
750,958
•
income,
on
r
■
34,310
352,573
1944 and
30,
'
Net Income
45,248
3,362,786
State
v
'
206,579
tlncludes
predecscoir
for period Dec.
company
1945.
into
1.OO0
Yantis
of
shares
the
of
company
common
originally
stock
fixed
$100),
(par
&
banks
reduced to $765,000;
.
stock
common
ai
was
short
on
tern*
.
offered
now
&
of the
are
being purchased
underwriter.
$50,00®
Co., Inc., the principal
company from the sale
be credited to stated
stock
will
of
the
of
the
capital
proceeds
which
are
stock
common
to
of
50,000
and
the
sharets
balanc®
F' f/. Yant,is
the amount
in
of
after
$450,000,
the
sale
of
the
company's
4%
serial
concurrently with the sale of said 50,600 shares
sold privately
to an insurance
company for
will be used to retire th»
be
investment, at par and accrued
interest,
5-year 4»/2%
promissory installment note
as
$765,000.
Any
Issued
of Aug. 31,
balance
by
the
1945
was
remaining will
working capital.
company
t®
outstanding"
be
added
to
capitalization of the company adjusted to
the sale by the
company of $450,000 of 4% serial debentures,
50,000 shares of common stock is
as follows:
reflect
and
Authorized
4%
serial
1945
debentures
due
annum
at
10,000
_____
$450,000
warrants
for
Oct.
1950
expiring
"On
of
Sept.
Missouri
and
15,
par)
1945
20,000
the
company
capital
200,000
to
stock
tA
for
10,000
on
of
after
or
with
stock
from
of
of
of
1,000
common
reclassified
into
of
changing"
common
($1
par).
($100 par)
stoek
By
this
held
100,000 shares of
by
com¬
number
of
shares of common stock will be
reserved
of .warrants to purchase/from the
company an aggre¬
shares of common stock at
$8 per share if exercised
Oct. 15, 1948 and at a
price of $10 per share if
exercise
20,000
before
Oct.
15,
10,000
Century
1^48,
and on
Ribbon
exerciser
pr
Mills,
before
Oct,.
15,
directors
on
Nov.
5
1950.—V„ 162,
Inc.—Declares
dend—
The
Secretary of Stat®
shares
stock
stock
common
■'*>
20,000
the
incorporation
par),
sufficient
tlie
10,000
($1
filed
its- articles
shares
the
1.000 shares
S. Yantis & Co.,
Inc., were
mon
$450,000
150,000 shs.
200,000 shs.
stock
common
amendment
its
to
par)
($1
12,
an
increasing
($100
F.
gate
5,000
Sept.
1,
$30,000 per
of
stock
;
Outstanding
dated
rate
fPurehase
10,000
5,000
the
"Common
amendment
5,000
Co
incorpo-
customers include.bothi
stores,
3,397,095
proceeds
10,000
Smith, Moore & Co
Sutro & Co
20,000
was
.
1944
debentures,
10,000
McCormick & Co.
an
se¬
CAPITALIZATION—The
15,000
&
the
surplus.
The net proceeds
amounting to $340,000
deducting underwriting discounts, together with
the sum of
terminated.
win
15,000
.
and
Herrick, Waddell
the
„
Shuman, Agnew & Co
Walston, Hoffman <S(..Good-
20,000
;
OF
yedr period
The 50,000 shares of
r
240,445
Pasadena Corp.
20,0(50
William R, Staats Co.____
Estabrook &: Co
The
Co
25,000
Cook & Co.____
Co, of California..
First California .Co.____-•_
Hill, Richards & Co;_____
••
&
with
n,
notes, was used to pay the purchase price amounting to
$1,232,439 for the property and business
acquired from the predecessor
company.
The $250,000 bank loans were
paid in full by April 23,
1945, and as of Aug. 31, 1945 the 4 V2 %
promissory -installment not®
had
-
Schwabacher
share. V'
per
Co., Inc., for $100,000 paid to the
company
in cash.
This sum,
together with $900,000 received
by the company
from F. S.
Yantis & Co.,
Inc., for the company's $900,000 5 year,
4 Vz %■
promissory installment note dated Nov. 30,
1944, payable in 60
monthly installments of $15,000 each,
together with the additional
$250<000 borrowed by the
company from
$238,901 made
Shares
25,000 "" Kebbon".
Newhafd,
Gulf
confectionery
and
issued
fqr 1942, $205,000 for 1943 and $52,000
savings will nc longer be-available to the
company
185,000
t
to
name
was changed to Chase
Candy Co.
incorporated in Missouri Nov. 6, 194d
stores,
Federal
$100,000
,
489
,
Blodget, Inc.
100,000
Refsnes, Ely, Beck & Co._
40,000
Central Repub. Co. (Inc.)
30,000
A.
Mercantile
its
«.-.?iJ?PO??r7IThe caP*tal stock
.
S83M45
Corp.__
Son
was
the
period^ July 1,
for
$1,071,890
Blyth & Op.,.kInc185,000
Btone
& " Webster
and " *
Pacific
,
Eoston
&
tl945_.'.___'.__:/
$1,071,401
income
funds
•
representing
Shares
First
($1 par) at $8
grocers,
1942_.i__^
"Before
underwriters and the
respective number of shares to be purchased
by them are as follows:
The
'
-
620,133
256.990
ex¬
wi.l»
June
on
50,-
stock
$21,260
598,689
"$813,008
not
which
.
1,414,768
1,527,048
2,061,130
2,447,051
892,334
its eligibility to join in
consolidated tax returns is
UNDERWRITERS—The names of the several
this company and subsidiaries
before
taxes,
or
about
Debenture
—
"Wood, Gundy & Co., Inc.,
These tax
,
paid-in
$1,173,613
253,946
note,
mature
•
common
$1,161,626
11,986
$8,500,000
conversion.—V. 162,
Ey.
1944-
when
each'
-
$1,115,219
of
8,473
amount
the
will
annum,
1940
/
"
aggregate approximately $48,000
meet¬
of
"Income
to
$1,025,586
agreement be¬
dat.tl Nov
5 in
an
Net Sales
36.666
,
taxes,
E.
P.
Taylor,
Chairman of the
board,
would be /about' $1.70 a share on the cqmmon stock
Pacific
in
per
grocery
consolidated
a
469.514
$1,034,060
283,946
adjusted
One-sixth
an
York
in
1951.
follows;
has joined
in
consolidated
Federal
income
and
profits tax returns with American Power &
Light Co. for each of
the years 1942, 1943 and
1944, and expects to so join for that portion
of the year 1945 while a
subsidiary of American Power & Light Co.
It
is estimated that tax
savings to the company due to such consolidation
shares.
of
on
37,582
509,096.
11,082
deducts./.
inpome,
sanction
New
note
Privately—Concurrently
1923
and
SUMMARY
NOTE—Company
"
^at
,
income
of
amount
Federal
13,339
516,272
$1,058,916
_
Co.,
outstanding-
stores.
before
r
$1,069,999
(net)/
Electric
proceeds with $437,000 of other
market before next January the
Chase
of
during this period.
Offer Approved
at. separate
proposed
revenues.
1945.
the
company
border
1,105,989
income
to
Co.
1%%
Including
use
and in
For the ten
•
•
excess
after
(before preferred
Canadian
the
ended Oct. 31 of
neighborhood
net
•
shareholders
approved
three common
year
the
in
common
30
share for
oper.
"Reflects reduction
•
^preferred
retail
;.
"
income
of
the
533,483
_
rate
open
and small
wholesale
chains,
profits
i
Gross
5% "
"
Canadian
large
"
10,013
&
27,
Its sales are made to over
6,000 wholesale and retail
throughout its sales territory embracing -the area
between
Mississippi River and the Rocky Mountains and '
between
tho
been
inc.'
than
SEC
bank.
common
W,
present
acquire
528,756
excess
Ice
package candy,
146,066
retire, res. approp.
Other
1/,
G.
the
$5,761,557
958
&
bo
accounts
$6
958
'
to
interest
property and to succeed to the business and
goodwill
of the predecessor corporation
operating under the same name.
Nov. 8, 1944 the
predecessor changed its name to St.
Joseph Candy Co.
The
company
manufactures
"5-cent"
candy
bars,
bulk
candy
"penny goods" candy, plain package and a limited
.
2,888,059
Net
of
Canadian Breweries, Ltd.—Exchange
of
172,615
Amortiz'. of limited-term
through.
notes
due $30,000 per an¬
Bank, Chicago, trustee.
1911,
to
.
in¬
2,871,211
228,601
1946
the
$2,800,000
1939
199,670
'
__
_____/
the
1941
958
expense
the
promissory
•
of
;
trust
shares
to
the
in
(7,500 shs.
501
in
to
and
plans
rated
The
Outstanding
the
1943
to
year
name
'
1945
$5/833,54(1
3,188,995
from
Of
and
HISTORY AND BUSINESS—Company was established
at St. Joseph,
Mo., in 1876 by' G. W". Chase and his son, E. E.
Chase, under tha
.$6,500,000
under
1944
$6,333,645
of
2%%
debentures dated Sept. 1, 1945
num.
Harris Trust & Savings
reve-
___
Maintenance
2215.
p.
t"
rial
-12 Months Ended Dec. 31-
$6,841,592
3,396,641
___
___.
2%.
Trust
issue' its
the
at
asked
Guaranty
Debentures Placed
t9,774 shs.
stock
serially
rate
of
; issuance of the stock, company has sold
privately to
insurance company at par and interest
$450,000 4%
EARNINGS
July 31, '45
Operating
Operation..
the corporation are available, as
-•of this date but such figures will be released approximately Dec.
1,
.'
together with a complete statement to the stock and bondholders of
7the corporation according to Edward Dawson,' Secretary and Treasurer.
on
of
has
the
000 shares of
.
OF
mature
the
Candy Co. —Common Stock
Offered—Herrick,
Waddell & Co., Inc., on Nov. 2 offered to
the public
840,000 shs.
preferred
will
at
Interest
Chase
;
'
>,
1945',
*
-
Valley
25,000 shs.
12 Mos. End.
"
Net
year
:
as
its treasury 12 shares of
preferred stock.
Income
Dec.
on
vote
1.
1
"
25,000 shs.
issuable
$5,--
of the Syracuse Lighting Co.'s
50-year 5% bonds due on
1951, at a'maximum price of 123 plus accrued
interest.
Purchase of th?se securities, Central
stated, v/ill reduce its funded
debt-and-improve its financial condition and save about
$63,000 a year
in interest.—V.
162, p. .878.
■
distribution
70%
Authorized
bonds
mortgage
Borrow
30
$1,901,000
Maricopa County,
farm, commercial
conditions.
war
Co.—To
1945.
$1,900,000
purchase
June
Stock
thp Salt River
and
Central
•
supplemented, is limited to the aggregate of the $6,500,000
principal amount now outstanding, plus $1,000,000 of property additions
at Nov. 30,
1936/plus 70% of the cost or fair value of property addi¬
tions made subsequent to that date.
tOf the presently outstanding
preferred stock shown above, the company has reacquired and holds in
year ended Sept. 30,
1945, justified
authorized the payment of fixed and
of
to
a
15,
interest
each
se¬
1,500,000 shs.
first
investments
bonds
issued
declared a quarterly dividend of 40 cent»
stock, par $1, payable Nov. 15 to holders of
distribution was made on Aug. 15,
last, as
semi-annual of 50 cents and an extra of 25 cents
corporation
appliances, which activity
gas
par)
of
determined that the earnings and financial
outstanding
on
iper annum.
Since the fiscal
audited
Oct.. 24,
on
been
with
May
Oct.
Central.will
bear
,
and approximately 30% was
to its business, it cooperates
energy
Series due Dec.
(no
amount
taxes
The
has
approximately
cumul.
denture,
,
fs
similar
it
ceeding
certain public utilities, , It sells gas serv¬
commercial and industrial customers.
Dut-
.
Taxes—other
•*
and
entitled
be
residential,
1966
"The
Watters,
California Consumers Corp.—To Pay 5% Interest—
manpower
the" purchase,
entirely
to
July 31, 1945,
SUMMARY
Wells, Jr., Asst.
Chairman of the
en¬
.
retail
and "at
AND
bonds, 372%
Prop,
Lawler,
will
,
operates
at
curtailed
-and
i
will
Amortiz. of debt disc. &
J.
be
financing
26
Service
Aug.
and
sale
Vice
Presidents;
Walter
S.
Schmidt,
Secretary;
William
C.
-Bingham, Asst. Treasurer and Asst. Secretary; Laurence W, Buchanan
Robert
It
way.
competitive bidding Nov. 7 at
sale of electric
•
Gustav
Oct.
•
customers,
Gibson,
and
at
service
*
Chief
and
stock
;
common
A
which
"Progress
1635.
p.
electric
of
gas
electric
Users Association
Common
-Asst.
listing of 1,500,-*
Central New.York Power Corp.—To
Issue Notes—
approximately $10,000,000,
and government securities.
preferred stock (no par)___„
$6 cumul. preferred stock (no par)___.„
executive
the
which
company was formerly known as Louisiana
The change in name became
effective
The
were
from the sale of natural
$7
William
L.
Collins, George J. Brett, Harold R. Waldron, Rob Roy Mecleod, Mer.roll E, Skinner-and Walter J. Thompson, Vice Presidents; Arthur W.
rJackson, Vice President and Treasurer; Edwin S. Bundy, Vice Presi¬
dent
sale
natural
sells
\yas
1.
and
.•
follows:
as
Chairman
as
of
cash
1
Edmund
•
30,
1.
tween
and
CAPITALIZATION
<
company
162,
.
retail to residential,
the 12 months ended
1st
Mr.
Schoellkopf further annouhced the election pf A. T, O'Neill,
:formerly a Vice President and General Counsel of Buffalo, Niagara &
Power Corp.
and its subsidiary companies, as President of'
"the new corporation, to succeed Colonel William Kelly, who will retain
Shis
business
at
with
Eastern
-committee.
added
Interest
on
the
on
Nov,
on
Inc.
Agents:
of
It
nues
of
This
of
of
.
bids
&
industrial
ing
the
O'Neill
paid
in
in the program is embodied in the proposals to be
stockholders Nov. 20, Dahlberg said. Stockholders
close
other
sale
Ariz."
Water
Surviving Corporation Announced—
Schoellkopf, Chairman of the board of directors,
Oct,
circumstances,
assets
notes
new
bear
directors
compared
effect,
employees.
and
dated
The
will
share
record
set
to
proposes
already
problem
under
as
program,
current
awarded
were
,
A.
actively
rapidly
as
the
net
stockholders
now
meeting.—V.
per
distribution
t
.
Personnel of
The
per
r
Corp. and
Co., Inc., on Nov. 8 offered 840,000 shares of
(no par) at $13,125 per share.
The shares
constituting all of-the/presently. outstanding stock of
the company, were held by American Power &
Light Co.
and proceeds of the sale go to the latter company.
The
and
demption of all optstanding $1.60 preferred stock of Buffalo Niagara &
Eastern Power Corp,
•
' '
\
u'1
■
'' '*• '/ '
;
Paul
for
every
COMPANY—Company was incorporated in Arizona,. Feb. 16, 1920,
and shortly thereafter acquired the business and assets of its
predeces¬
sor
company which had been operating gas and electric, properties in
Phoenix and vicinity .since 1906.
Company is an operating electric
and gas public utility .engaged principally in the
generation, purchase,
*
'
.
year
elected
Phoenix Savings Bank & Trust Co., Phoenix, Ariz.,
and Irving Trust Co., New York.
Registrars: Valley National Bank of
Phoenix, Ariz., and Bankers Trust Co., New York.
to
all
Central Louisiana Electric Co., Inc.—Declares
40-Ceni
stock
Transfer
New
authorized
par)
Dividend—New Name—Earnings Statement—
ap¬
received.
They were: Kidder,
associates, $11,419 per share and
Harriman Ripley & Co. and associates, $11,129 per share.
Agent
provisions
the
under
step
at
Peabody
payment
Broadway,
and
of
entitled
Consolidation.
120
Exchange
as
certificates
first
1945.
1,
in
to
and
$2,800,000
bear
3% .—V. 162, p. 1388.
at
&
Two
the
to
share.
of
Co.
designated
have
Corp.
Certificate
A
"Trust
has
distribution
holders
Eastern
the
Y.,
N.
for
$16.25
Midland
Marine
15,
cash
step
has
by
special
$12.42
his shares
pf first preferred
Eastern Power Corp, to i the date of filing
Buffalo,
amount
The
York
of
amount
an
record
the
shares
certificate or certificates for
stock, 5% series of the con¬
unpaid'upon
Niagara &
said Certificate of Consolidation,
■of
a
of
Blyth
•
share
one
second
upon
common
(surviving consolidated corporation), on the basis of
such first preferred stock of Buffalo, Niagara & Eastern
share of
Power
•
Corp.
were
thereby converted into issued and outshares of the preferred stock, 5% series of Buffalo Niagara
has
(no
2142,.
p.
prepaid,-
objects,
purposes
and
nature
of
the
the corporation, and also proposes an
by
notes.
1953
direc¬
that
Arizona Light & Power Co.—Common
Offered—A group headed by The First Boston
Power
.standing
the
so
each
Central
vthe filing thereof in the Department of State, all of the issued and
■•outstanding shares of the first preferred stock of Buffalo, Niagara &
to
with many concerns, it has before it the task of
expanding • its • facilities and business so
as
best
opportunities
in
the
period
ahead,"
Bror
Dahlberg,
initial
at
.Nov.- 1, 1945, of the Certificate
stituent corporations became consolidated into Buffalo Niagara Electric
Corp.
Pursuant to the provisions of the Certificate of Consolidation, upon
stock
162,-
three
serial-
wjll
and
Celotex
acted
State of the State of New York on
of Consolidation, the foregoing con¬
of
Exchange
common
vacancies.
to
incorporation
incorporating
indemnity
the
an
The
upon
Corp.—Listing of Com¬
company has asked permission of the SEC to borrow $5,600,000
banks, and use the proceeds to
prepay a like amount of
from
20
members
arranged
be
entire
including approximately $8,000,000 in
into
of
Central Illinois Public
600,000 from Banks—
common
meet
cured.
Water Supply Co.
Buffalo Niagara
&
corporations
(surviving consolidated corporation).
Stock
shares
Outstanding.—y.
'
Nov.
on
^
from
.
proposal
of
certificate
-President", said in a letter
; on
a
planned program is
ergetically carried forward
materials permit."
29,
1945,
the. stockholders
of this corporation
and of
Niagara & Eastern Power Corp., Niagara, Lockport & Ontario
Co.
;authorized
rthe
2142.
p.
Oct.
-Buffalo,
in
to
Electric
;
Jr.,
on
terms
the
the
by-lav/s
not
.rearranging
"
''
,
/
of
carried
the
provide
"Celotex
See
York
000
aud
.
taxes.
Vice-President of the Bank
prominent Louisiana lumberman,
board
the
with
instead
greater
business
directors
Fuller,
also
third
one
terms
addition
which
by
will
classes,
of
Simmonds
Parrish
amendment
forth
board
C.
be
to
•
tion—
The. New
240,000
$1.27
$1.75
excess
Directorate, etc.—
meeting
at present.
as
The
...
and
three
Increase
special
a
the
recommended
three-year
year
,
at
stockholders
into
proximately
$1,888,947
t$2.83
.
.
York,
be
The"
tors
tOn 690,594 shares
tOn 667,250 shares
STentative figures.
charges
-of
<of
—V.
t$0.67
$1,928,647
t$2.69
$545,821
t$0.82
$531,084
share-
com.
240,000
and
Central Hudson Gas & Electric
Stock-"-
mon
the September
Albert
members.
New
will
$6,544,560
4,655,613
i
Net
Earns,
1942
$305,025
30, 1945, net profit was $132,030, equal
capital stock, as compared with
$148,085,
quarter of 1944.—V. 162, p. 453.
the
on
for
share
increasing
on
eleven
'
4,344,194
share
a
stockholders
The
§1945—9 Mos.—1944
1,579,941
1,551,530
cents
Celotex Corp.—To
on
quarter
-
$6,272,841
240,000
per shaie____
-$1.88
depreciation, Federal income
cents a
vote
$2,125,762
stock.__
com.
1943
$419,205
The
DOMESTIC AND CANADIAN
(COMPANY,
1944-
$449,880
record
of
were
1945
$450,862
-
'
the quarter ended Sept.
55
the
on
in- each
and
cents
25
holders
each
:
year,
of
Earnings
For
of
share
per
to
profit
"Alter
paid last year.
$2,082,614
prof,
exc.
1
§ 1945—3 Mos.—1944
income
&
cents
Dec.
50
of
1,
!
"
dividend
extra
50
SUBSIDIARIES)
,
^Net
of
distributions
1
No extras were
CONSOLIDATED EARNINGS
Inc.
payable
"Net
Shares
common stock on
each of the 700,280 shares
into two shares of the par
an
dividend
7
stock,
common
March
Nov.
interim
an
18,
the
up
Sept.'30—
9 Mos. End.
!
1945,
a, two-
Dec.
on
.
oh
and
-during 1944.
split
to
plan provides that
$5)
be changed
(par
each.
directors
share
per
The
stock
meetihg to be held
special
a
proposal
a,
basis.
common
at
Castle & Co.—Earnings—
(A. M.)
declared
the
usual
Regular
quarterly
15 cents per share op the
common stock, no par value,
p.
1388.
Divi¬
dividend
payable Dec,
o#
15.
(Reg. U. S, Patent Office) William B. Dana Company, Publishers, 25 Park: Place, New York 8, N. Y., -REcrtor 2-9570. Herbert
O. Seibert, Editor and
Publisher*,
Dana Seibert, President; William D. Riggs, Business Manager,
Published twice a week [every Thursday (general news and advertising issue) with a statistical
issue on Monday).
Other
offices; 135 S. La Salle St.,-Chicago 3, 111, (Telephone; State 0613); 1 Drapers':,Gardens, London, E. C.,
England, c/o Edwards & Smith. Copyright 1945 by William B. Dana
Company. Reentered) J
as seoond-clasa matter February 25, 1942, at the post office at New York, N. Y., under the Act of March
3, 1879.
Subscriptions In United States and Possessions, $26.00 per year; in Dominion of
Canada, $27.50 per year; South and Central America, Spain, Mexico and Cuba, $29.50 per year; Great Britain, Continental
Europe (except Spain), Asia, Australia and Africa, $31.00 per year.
WQTE: On account of the fluctuations in the rates of exchange, remittances for foreign subscriptions and
advertisements must be made In New York funds.
•
i
William
Mi
•
■
»V Monday;
FINANCIAL CHRONICLE
THE COMMERCIAL &
November 12, 194*5
"*2268
holders
June
15,
-
forty Weeks Ended Oct. 7—
'■•"Profit after charges
1944
$862,642
9,923,637
871,510
402,181
509,334
.
0
869,843
Net
■■
weeks
'
Nov.
60,801
168,868
——
are
perceritage
27,872
$382,427
$536,307
462,665
462,665
Earnings per isharel_i—r-u—
— ■
$0.82
$1.15
"After providing for 1945 wage'adjustments.—'V. 162, p. 350.
shares—
capita)
of
Int.
—
180,917,000
Int.
The
.
motives!—V. 162,
♦
*•
income
666,530
ited
is
and
income
September, 1944.—V.
pared with 65 in
4
'
«
"
Cincinnati Gas & Electric
President, has
:$27,000,000 par value of new 4%
to
exchange offers.
More than
Cumulative 5%
preferred stock,
exchange
at the termination
of
none
of
the new preferred will
Beckjord,
".Walter
I"
holders
were
made
$0.14
1942.
to
162,
declared
7
record
payable
dividend
cash
a
70 Broadway, New
1945, receive bids
Louis Division first collateral mort¬
prices not exceeding 1C5 and interest—V, 161, p. 2106.
bonds, at
possible
order.
to arrange companies in exact
However, they are always as near
alphabetical
sales
Net
profit before
Federal
-
_/—
:
— —,
ry;
250,930
250,930
income—
162, P. 1765.
—V.
474,456
349,591
526,39^
10,354,725
4,937,138
4 044,564
railway———.
from
Net
580,098
649;f "
10,739,981
5,676,784
4,672,653
oper.
9,678,832
9,158,152
5,110,350
Ex¬
been
leave of
R. W. Woodruff, Chairman of the Executive Committee, has
electedrPresident, succeeding A. A. Acklin who has been on
absence since last May because of illness. ,
.
•
■:
:
directors
share
of
on
30.
A similar
Dec. 15, last year.
on
Nov.
no
extra
par,
FOR
RESULTS
THREE
3'Mos. End. Sept.
deduc1
and other
Exps.
MONTHS ENDED SEPT. 30
(INCL. SUBS.)
1945
1944
1943
$24,609,887 $30,187,791 $26,852,682
30—
earnings
Gross,
'
1942
$24,096,622
11,256,600
5,613,000
97,636
11,719,720
9,604,126
8,753,778
10,932,000
10,120,000
8,859,000
profit
A dividends—:—
$7,642,651
$7,405,791
450,000
Surplus for common.
$7,192,651
'
$1.75
(net)
tions
income
Federal
Net
Class
Earns,
per
com.
A
.
1—
1,661,465
2,838,799
948,914
of
•
1
income
/'
—
'
.
;—
191,907
148,469
—
.—
'
187,747
232,483
$19,159,837 $24,766,756
—
—
—V.
'
162,
■
banks, "V" loan—
——oblig. and ; sundry payables
Subcontractors' termination claims payable—_
Accrued payrolls and expenses
Accrued Fed. taxes on income, prior years-—,
Accrued Fed. taxes on income, current- year—'
Accrued State, munic. and other Fed. taxes—Deferred
contractual obligations—■„
—
contractual
for
Capital
stock
of
treasury
Total
p.
.
100,000
2,973,637
99,961
2,973,637
5,000,000
3,607,265
Dr70,544
—
stock—^
_ ——
$19,159,837 $24,766,756
-
-
—V. 162,
$5,000,000 $11,000,000
754.556
766,319
2,075
164,064
444,199
517,004
94,398
94,398
315,700
—;—
452,693
614,651
—5,000,000
4,093,121
Dr70,544
contingencies,
(par $25)--
Surplus
Cost
week in
.
V.
Co.—Earnings—
;
,
charges
&
r
; * 1945
$3,907,490
,
taxes—
1944
$3,821,529
1637.
p.
'• V
■
■
i
'
■■
Consolidated Cement Corp.—Earnings—
9 Months Ended
1944
1945
allowances.—$l.60l.o"53
1,249,457
Selling, gen. & admin, exps., incl. exp. applica¬
ble to non-operating periods, etc. (less miscel.
income)—
310,413
Gross
sales,
of
Cost
Sept. 30-—
$1 COO
less discounts <fe
1,263,883
goods-sold, incl. freight on shipments
327,656
——
Net
—V.
;
profit
&
other
loss
162.
deductions
—-
—
—V.
Manufacturers
162,
$55,102
454.
p.
the
for
55,698
$10,590
—
——
$596
$42,083
52,673
Consolidated Cigar Corp.—Trustee
The
Trust
Co.,
3V4%
$4,000,000
Appointed—
N. Y., has been appointed
debentures due Oct. 1, 1965.
New York,
20-year
2144.
p.
Consolidated Edison Co. of New York,
1886.
Inc.—Output^—
r: "7yiPpnv °n Nov. 7 announced that system output of electricity
,
generated and purchased)
for the weex ended ixov.
to 176,400,000 kwh., compared with 172.900,000 kwh.
ponding
wecK
or
1M44,
an
ine^se of 2.0%.
Locf
(electricity
1945,
amounted
tut
cone
distribution
with
of
168,600,000
INCLUDING
Period Ended Sept. 30—
Sales
compared
electricity amounted to
175,800,000 kwh.,
kwh. for the corresponding week of last
year,
an
of 4.3%.
increase
electr.
of
COMPANIES
SUBSIDIARY
1945—12 Mos.—1944
8,087,090,728 9,252,032,002
1945—3 Mos.—1944
1,936,104,450
1,906,187,455
(Kilowatt hours)
of
8,480,219,000 8,206,438,000 44,071,301,900 42,125,668,700
gas—
(Cubic feet)
Sales
of
1,467,197,000 1,600,640,000 15,159,362,000 16,166,443,000
steam
(Pounds)
Operating revenues:
•
$55,415,826 $53,141,780$232,482,926$229.832,744
Sales
of
electricity
of
gas
Sales
of
steam—.
Other
payable,
Reserve
)
.
for the corresponding
6.14%V.. 162, p. .2144;
or
Sept. 30—
after
Sales
Total
..
.
249,585,867
15,327,006
Connecticut Light & Power
Sales
2,775,305
728,278
8,897,027
oper.
Total
8,592,108
43,841,162
1,445,459
1,535,300
15,332,139
41,941,086
15,854,756
715,689
716,304
2,795,640
2,691,938
revenues—
—
——
$66,474,001 $63,985,492$294,451,867$290,320,524
expenses
Maintenance
i
9,153,646
—
'
112,406.915 115,565,568
31,825,946
24,903,405
25,368,400
6,742,469
27,276,829
Operating
7.557,233
7,797,233
33,267,933
32,643,856
13,521,971
Depreciation
14,361,621
47,996,903
49,065,524
20,557,000
17,504,000
■
Taxes, other than Fed'•
eral
Fed.
;
income
tax
Non-oper.
(net)
inc.
long-term
on
Other
int.
Net
Drl65,721
$50,572,450
4,071,302
16,187,033
16,669,168
101,787
1,199,502
1,287,114
24,773
$9,076,738
4,038,560
debt
amort.
misc.
&
272,537
$9,740,542 $48,669,707
112,416
—
$48,397,170 $50,638,171
$9,715,769
$8,964,322
income
Gross
Int.
(est.J-
income-
Operating
exp.
share.
of Preferred Stock—
The New York Stock Exchange has authorized the listing of 250,000
shares of 3.60%
cumulative preferred stock (par $100), and 437,500
additional shares of common stock (par $10) making the total applied
for 250,000 shares'of 3.60% cumulative preferred stock; and 2,278,973
sharse
Commercial Credit Co.—Listing
of
dividends
$7,128,556
450,000
450,000
450,000
$6,955,791
$1.69
$6,678,556
$1.67
$6,033,844
$1.51
compared with $18,074,756, or
of 1944.—V. 162, p 132.
Coca-Cola International Corp.-^$13.10
Dividend—.
&
63,843
deduc.—
income
$
Gas
—_
542,417
Heating
"
•'
pur¬
chased
550,802
834,100
$
168,108,489
18,274,686
853,651
State,
local and
Federal taxes
Federal
Federal
;
Fed.
Development
Co.,
Higher1—
which operates petroleum concessions in Western
southwest of Lake Maracaibo, announces that its produc-tion
for the four weeks ended Oct. 29,
1945 amounted to 438,298
barrels., as against 430,636 barrels in the four weeks ended Oct 1,
1945.-—V.
162, p. 1886.
corporation's traffic figures continued their • upward trend,
to a statement isued on Nov. 2 by Sigmund Janas, Presi¬
dent,
A total of 10,557 passengers were carried during October as
compared with 10,185 for the mont-h of September and 6,443 in Oc¬
tober,.of last year. This month's figures-represent a 3.5% increase
over. "September's
figures and 64% over October a year ago. During
the month 31,910 pounds of mail-were carried and 16,745 pounds of
•
further
stated
that
this
t
is
■
■
the
to
the" lifting of priorities.—V.
10,567,679
17,598,744
11,147,000
3,741,800
21,600,600
23,323,438
14,824,900
14,509,200
1,506,200
4,669,700
of
operating
Net
Other
for
oper,
4,278,520
19,924,433
25,037,787'
34,685,293
1,321,420
Net
4,483,000
year
162,- p.
that traffic
He attributes
1886.
1—_
-
expenses-
il
Depreciation
Taxes,
398,255,
income
deductions-
800,505
26,535,155
34,523,561
on
that date].
Fed.
7,114,461
1,120,329
36.094,138
4,465,890
34,587,682
3,849,730
$59,712,316 $57,488,866$256,100.030$252.337,261
26,003,354
24,413,626 102,016,195 105,522,504
8,059,220
5,694,265
27,932,940
21,671,901
6,476,233
(6.716,233
28.017,933
27,456,856
'
inc.
'
&
3,477,756
.
3,216,304
$9,120,656 $44,500,176
3,171,838
,
$45,454,546
3,204,580
12,720,143
13,108,528
109,703
$8,354,552
debt
907,797
880,967
of
amort,
disc.
228,279
251,429
(net)—..
long-term
Int.
40.384,558
15,063,200
.
$8,892,377 $41,022,420 $42,238,242
$8,103,123
income
39,366,742
17,743,800
(est.)
income
Operating
Non-oper.
on
11,772,365
11,070,386
income tax
exp.
Se
16,011
income
of
Sales
9,992,526
11,101,694
13,292,651
16,542,629
$1.30
23,421,867
$1.80
Sales
22,714,062
$5,806,373 $30,872,236 $31,465,051
$5,066,703
elec.
•
of
gas
1,793,714,597 1,822,608,558
7,596,532,567 8,785,957,937
*
7,294,551,500 7,104,098,900 36,683,658,700 35,160,667,000
36,006,713
17,312,700
$1.33
income.—
company
other, than. Fed¬
eral
(kwh.)
33,946,633
576,928
25,436,042
8,123,342.
income-
this
7,335,993
1,009,280
revs
Maintenance
Net
19,934,286
depreciation-
$1.89
SEPARATELY
7,239,000
3,419,700
3,298,700
14,915,152. 14,824,113
gibles & other items
Prov.
INC.
,
_
with
miscellaneous
-
643,000
'
of intan¬
YORK,
of Brooklyn Edison Co.,' Inc., and New York
Light & Power Co., prior to July 31, 1945, which
merged
gas
Operating
debt
discount
debt
were
other
Other
25,734,650
feu.
—V.
ft.)
162, pp. 2144 and 2013.
,
.
Consolidated Electric & Gas Co.- -Withdraws Proposal
to Sell Atlanta Gas Stock—
Consol.
Earn,
per
Total
first
net
income—
share
$1.79
electricity in kilowatt-hours were 7,808,474,393. in the
months of 1945 compared with .7,833,638,195 in the corre¬
sales of
nine
sponding
period of 1944, a decrease of 0,3%.
Total electric revenues
•'
Total
sales of gas
in therms were 231,730,136 in the first nine
months
of
1945
compared
with
227,540.933 in the corresponding
period cf 1944, an increase of 1.8%.
Total gas revenues increased
increased 2.0%/
'.
•
».
.
'
.
first
decline during Octtober, to set the winter trend..
part
11,356,470
NEW
OF
operations
Electric
Sales
Int.
The
Janas
5,340,772
69,336,771
CO.
Period Ended Sept. 30—
1945—3 Mos.—1944
1945—12 Mos.—1944
Operating revenues:
Sales
of
electricity— $51,367,043 $49,254,076$215,540,002$213,899,849
to
qxpense
Write-down
.
according
express.
.243,396
5,461,393
71,233,693
savings
tax
Gross
Colonial Airlines, Inc.—Traffic Up in October—
209,702
3,924,901
51,353,726
8,032,449
applied as a—Re¬
duction of unamor¬
tized
Ltd.—Production
Queens
EDISON
$1.78
$0.25
$0.20
—
Gross
prof, tax—
equivalent
Charges
285,320
133,217
misc.
taxes—
income
exc.
191,513,871 187,236,826
16,562,946
11,766,000
5,248,000
operationMaintenance
v company
in
$
4,029,005
52,889,065
8,341,642
:
—
purchased
Other
'• ■ %
.
payments were made on the common shares:
1 and Oct, 2, $5.60 each, and Dec. 15, $13.10.-—
Venezuela,
Mr,
1945—12 Mos.—1944
_l
[Includes
Total
and
did not
$
shr on com¬
per
stock
mon
$5,567,453 $31,283,172 $32,616,168
$4,974,335
CONSOLIDATED
companies
Subs.):—Earnings—
142,964,514 139,986,785
Total
Operation—Power
the following
April 1; $5.55; July
V. 162, p. 668.
Colon
Earned
&
128,386,250 125,872,495 171,935,034
14,035,847
13,563,488 18,744,737
revs—Electric
Oper
—
directors on Nov. 5 declared a dividend of $13.10 per share onthe common stock, no par value, and the usual semi-annual dividend
of $3 per share on'the class A stock, no par value, both payable Dec.
15 to holders of record. Nov. 30.
This compares with $5.60 each paid
on July
2 and Oct. 1, last, on the common stock and $5.55 on April
This:
1765.
1945—9 Mos.—1944
Period End. Sept, 30—
of 1945 earnings after income and profit taxes,
and all charges, applicable to common stock were
The
1944,
p.
Commonwealth Edison Co. (&
$6,483,844
Gas
2, 1945'. '
162,
stock.—V.
common
130,281
$17,859,1)89 or $4.34 per common share
$4.39 per share for the similar portion
this,
with
compared
12 Mos. Ended
Net
months
nine
For
class
taxes
interest
Minority
.
1,423,071
■—
1
charges
Deferred
-v„
■
.
„
30.
Nov.
In
decrease
8,287,569
contracts
(net)——-—
/
semi-annual dividend of $1.50 per share on the class A
was also declared, payable Dec. 15 to holders of record
usual
The
stock,
quarterly dividend of
of $1 per
to holders
year-end payment of $1 was
declared the usual
and
share
per
record
made
5
Nov.
on
an additional year-end dividend
the no par common stock, both payable Dec. 15
cents
——
113,509
198,071
6,251,987
'
—-
———
-
Emergency war
assets
_15,377
119,830
-
Govt,
S.
U.
and equipment
facilities (net)
Other
Notes
Co.—New President Elected—Declares
Dividend—Quarterly Earnings Higher—
The
r
,
LIABILITIES—
Coca Cola
75
from
arising
buildings
Accts..
tra
as
a
EARNINGS
receivable and accrls.
-
terminated
Land,
4,334,568
•'
,
————
-—
-
5,271,133
4,097,419
——
notes and accounts
Claims
$1,065,0*
459,253
income,—
railway——
from
Net
$1,005,456
1—
Prom Jan.
Gross
$1,141,013
railway,
oper.
1942
1943
1944
1945
$877,171
311,951
railway
hand————:
on
facilities
duction
September—
$435,857
12/45 Jan. 1/45
$4,269,342 $4,277,890
2,132,497
2,189,567
1,103,774
3,830,742
notes receivable, trade—
advances for
government pro¬
Inventories
.
Aug.
sundry
and
/,.
kilowatt hour output of electrid energy of subsidiaries
adjusted to show general business conditions of
served for the week ended Nov. 1, • 1945 amounted to 234,-
territory
12,-45
Aug.
deposit and
securities
on
Accounts
by
delay
corporation
Interest
32 Weeks
Ended
12, 1945, all supply contracts between
the company and the U. S. Govt, were terminated for the convenience
of the Government.
Accordingly, a substantial portion of the inventory
shown in
the balance sheet will become the subject of termination
claims against the Government,.
CONDENSED BALANCE SHEET3
following
Immediately
Other
ry.
the common
Cash will be
$186,067
profit
Net
Marketable
Clinchfield RR.- -Earnings—
Net
-
$8,914,023 $21,083,578
238,367
801,557
-52,300
315,700
—
—
Federal income tax
tax
income
Reimbursable
from
14.
Ended
Cash
alphabetical
substantial
of
weekly
Stock Div.—
Aug. 12/45 Aug.
ASSETS—
possible.
position as
Net
.
this
of
60 cents per
Mfg. Co.—Earnings—
.
Net
of'thjat.
stockholders, the SEC said, "has been
up to now and gives fair promise of
opening endless vistas of delay in the future.".
Net
Period—
always
mechanical reasons it is not
NOTE—For
from
of
16 Weeks
<
Bank & Trust Co., trustee,
noon on Nov. 19,
Central Hanover
Gross
other
and
1944.—V. 162, p. 1886.
record Dec.
of
has disapproved
Commission
Exchange
provision, for a vote
cause
trustee
N
gage
on
The
and
the
258,861
stock dividend on
50%
a
holders
to
29
Dec.
Plan by
Southern Corp.- -Voting on
Weekly Output—
and the
par $2.50 per share, payable
Distributions of 40 cents each
1 and Sept. 7, this year.
Total for this
Colt's Patent Fire-Arms
headed by Morgan Stanley
Y
will until 12 o'clock
the, sale to it of $58,200 of St.
.for
SEC
1167.
p.
-
7.9
Inc.—60-Cent Div.—■
Tenders—
The
by
the
for excess
where fractional shares of common stock are due.
A cash divi¬
dend of 50 cents per share was paid on this issue on Sept. 21, last,
and a 2J/2% stock dividend on May 9, 1945.
Only a cash payment of
50 cents per share was made in 1944 and in 1943, on Sept. 22.—V. 162,
,
York
.
23.
Nov.
declared
have
directors
The
stock,
7.9
,
paid
St. Louis Ry.—
-
2143.
p.
Columbia Pictures Corp.—To Pay 50%
59 as com-;
5.2
176,186,000
corporation's recapitalization 'plan which provides for a
the stockholders;
In all other respects the approval by the
June 30 stands.
of
vote
and class B stocks,
of
March 2, June
on
6.4
191,253,000
190,705,000
191,288,000
'
Securities
The
and is cred¬
pending the
inequalities
intra-piant
on
by the WLB.—V.
$0.71
.
t includes provisions
will be $1.80 per share, the same as in
year
Co.—5% Pfd. Exchanged—
&
563,620
563,620
-
$0.75
1943 and $304,900 in
Nov.
on
the class A
on
7
193,281,000
Stockholders Disapproved by SEC—
$400,250
provision
negotiations
directors
The
share
Dec.
announced that the entire issue of
preferred would be issued pursuant
270,000 shares of the outstanding
series A, have been deposited for
the exchange period.
Accordingly,
be sold to the underwriter.
The
Chicago
Cincinnati,
Cleveland,
162,. P, 2144.
"C
Commonwealth &
.
t539,100
$79,237
563,620
f
$0.07
directed
as
Decrease
181,307,000
T;
'
■
•
1944,
'
2012.
'563,620
Columbia Broadcasting System,
unnecessary
•
the
of
results
162, p. 2143.
Hutton Co.—V. 162, p.
and W. E.
Co.
'
underwritten by a group
exchange offer was
&
141,072
98,843
——
other
""Includes
tl07,300
.clarification of the effect of the Revenue Act of 1943
allowances
deductions,
"
.42
from income is being made
"reserve for Federal taxes and contingencies",
the
to
further
734,180-
after interest and other
hut exclusive of surplus adjustments.
■"'' Provision for Federal taxes on income is believed to be
'because of deductions allowable for tax purposes.
The number of restaurants operated in September was
profit
*Net
-
v
137,940
; $424,476
$42,196
of $48,300 in
current
Note—A
-
—
137,940
,.27,459
*282,600"
*214,200
share
per
profits tax
Subs.)—Trustee's Report—
1945—Month—1944
1945—9 Mos.—1944
$1,638,507 $1,755,493 $14,710,963 $15,240,594
Childs Co. (&
-Gross
:)
27,500
74,145
■
""Includes provision for contingencies,
'•
;
»
137,940
Earnings
purchase of the
';/•
'
..
—V.
four
past
175,137,000
3—
part
Period End. Sept. 30—
"
•
/;
■
....
,
•'l
Corp.
profit——,
—
Shares capital stock—
2142.
p.
/,'<
'
I.
&
Net
response thereto bids were
specifying an interest rate
of 1.59% per annum, was made by the First National Bank, Chicago,
'and has been accepted.
The Northern-Trust Co.,-which submitted an
identical bid-in respect ,of the freight locomotives only is to be per¬
mitted to participate to the extent of 50%
in financing such loco¬
•'
F.
Fed. and State inc. taxes
equipment through competitive bidding.- In
received from six parties.
The lowest bid,
1
*
C.
on
bonds
Oth. int. and misc. chgs./.
not exceeding
further evidence, but not in paypurchase price of certain equipment
acquired under a conditional-sale agreement.
company invited bids for the financing of the
be
to
.
the
-
56,037
'
authorized the company to issue at par
ICC has
-$3,863,440 of promissory notes in
.'ment, or the unpaid portion of the
$1,133,371
$351,936
of
1944
Co.
I.
&
■■
RR.*—Promissory Notes
Burlington & Quincy
Chicago,
The
F.
bonds
,
-
C.
on
$872,517
$330,541
Total' income
profit-
-Net
the kilpwatthou'r output totals
comparisons with" last year:
Oct. 20
Oct. 13—
Number
group
1945
Oct; 27_
"
"
income
and
Week Ended-
$1,105,499
$323,416
28,520
$811,716
$161,673
profit..
operating
Other
Following
.year.
;
$1,406,150
480,215
profits' taxes—
and excess
income
Fed.
bthing and admin, exps.
•
'
1,232,760
401,040,
/
^
of companies,
.excluding sales to.other electric utilities,.tor the week ended Nov. 3,
1945; shewed, a 6.4,%
decrease from
the corresponding period
last
$12,812,160
$13,955,420' $12,186,850,
9,986,108
11,016,619
925,914
.1,212,262
473,479
: 415,515
477,934
601,983
499,308
10,187,120
etc.——
taxes——
Ordinary
Virginia—^Earnings—
1945
/
.
bad
deprec.,
j*
v*■»
Electricity output of the 'Commonwealth Edison
•
accts,r etc.il
Costs,
Depl.,
Weekly Outputs-
*
.
-1942
.'V-1943
* 1944
•
Net sales and oper/revk..; $12,584,576
.
Chesapeake Corp. of
1945
30—
3 Mos. EndvSept.
•;;
(& Subs.) —Earnings—
Fuel & Iron * Corp.
/ Colorado
made on
extra
total
of' recora -Dec.-1."
Similar distributions were
15 and Sept. 15, last, .and on Nov. 15, next, an
'"/of H5 cents is payable to holders of record Nov. 1.
Last 1765. a
year
-of 30 cents per Share was paid on this issue.—V..162, p.
-!to
-March
3.5%.
The
has filed an amendment witlx the SEC
sell its common' stock interest in Atlanta
company
proposal
to
withdrawing its
Gas Light Co.
$11,000,000.
Consolidated proposed
to use the'proceeds 6f the sale to redeem
ail its outstanding bonds.
The elimination of the .sale of Atlanta from the company's proposal
followed objections raised by the Georgia P. S. Commission.
The hearing, which was originally scheduled for Oct. 29, on
the
sale, proceeded with other parts of the program which relate to the
redemption by Consolidated of its bonds. • It proposes to redeem its
outstanding $1,557,000 6% bonds which are payable without premium.
to
Southern
Natural, Gas
Co.
for
.
.
.
2269
the commercial s financial chronicle
Volume 162- •Number, 4437
t
.
'
,■
'
r':"i
•
Under
its-original'
$13,269,000
The
in
3%-6%■
premium,
with
the
on:
out «ot
of
connection
held
bonds
planned- to retire
3%, and Since
company
the
thei company' proposed
plan
the
>
proposal
the
";
Commission*
scheduled
segregated
oh Oct,'
and
sale."
ana
and
new
financing of Southern.—V,
Consolidated
•
hearing
•
Grocers
162,
Corp.
on
1886.
p.
Net
1944
"1945
sales—
9 Mos. End. Sept. 30—
Profit
1944
__.J $66,494,348
"Figures
Co,
for
include
1945
Dannemil.er
aua
year.—V.
162,
and
sales
Murdoch
Reid,
of
earnings
subsidiaries
Grocery-Co.,
acquired
1,
June
1766,
p.
&
Provision
this
Earned
Consolidated
,
profit
Consolidated Retail
End. Oct.'31—
"
"After
Sales
$2,500,650
.
—v.
'
J945—10 Mos.-r-1944
*
see
Western
'
Steel Corp.—Proposed
Pipe
Steel
&
Co.
below.—V.
The
which
Stock, Exchange
York
New
first
has
'
Acquisition-
162,
.
stock
of
record
Nov.
above.—V„ 162,
Corp.
Crosley
See
l'j
of
1975,
shall
6
have
$5.08
the
.!
Period End. Ocf. 31—
j
—V.
•'*
162, p. 1766.
;
•
:
;
.
■
1945—Mos.—1944
sales
Net
eral
Prov.
for
and
Net
Federal
taxes_
come
War
2,205,610
2,330,588
7,070,405
1,705,782
1.677,688
5,368,443
5.779,537
100,000
-
200,000
300,000
600,000
$1,401,962
$1,648,044
res._
profit
$399,828
Earnings
per
p.
share....
$452,900
$0.51
$1.79
$0.58.
$2.11,
1510.
As
redemption
directors
share
the
on
declared
have
outstanding
holders of record
capital
16.—V.
Nov.
initial
an
stock,
152, p.
dividend
$1,
par
of
five
payable
cents
and
to
tirement
116.
possible
order.
to
However, they
position
in
companies
arrange
always
are
it
reasons
is
not
always
alphabetical
alphabetical
exact
as
near
In response thereto oneand accrued dividends/based on a rate of 2%
per; annurn, was received.
This bid was made by Halsey, Stuart 8r.
Co., Inc., and has been accepted.
On this basis the average annualcost of the proceeds to the applicants will be approximately 2.25%.—
V. 162, p. 2144.'
»•■"■*.
'
'
.
taxes
$20,655,216
$20,148,829
profits
taxes.,
"13,404.922
14.184,030
!_
$7,250,294
($2
1942
9,518,990
2,853,971
2,853,971
$1.63
$1.87
Net
sates
Cost
of
Steel
Corp.
Sept. 30—
(&
1943
-The
1942
the
of
$5,460,747
$5,641,621
$5,504,146
$5,529,447
4,775,010
328,929
4.999,475
4,875,938
4,687,300
328,066
279,080
depreciation.
123,803
107,512
119,166
317,299
101,060
Prov^ for
gen.
Hockley,
$514,134
of
from
operation
Other income!—
$233,005
$206,566
$229,961
Int.
&
Loss
sales
of
mant.
for
Prov.
of
amort,
on
14,304
60,678
$220,871
$290,640
Net
of
7,849
9,418
842
92,500
the
if .any,
in
opinion
which
of
$120,522
$147,280
net
V
on
debs,
Sept.
4,942,104
4,808,303
4,492,347
4,120,525
$4,928,826
$4,639,627
of
$4,338,776
17,286
50,140
_.
50,140
sales,
50,140s
Earnings per
$4,572,200
$4,257,701
200,561
200.561
200,561
200,561
$0.69
$0.60
share—
income
9
AND
12
MONTHS
$0.65
ENDED
1945—9 Mos.—1944
Net
sales
for
Other income
$748,398
Prov.
40,139
49,621
56,465
Prov.
for- Federal
Total
Int.
&
income
sales
for
$1,038,376
23,428
Net profit
Earnings
props.
common
7,216
■
7,216
321,000
449,000
less
$443,902
$563,890
$2.21
$2.81
$3.53
rehabilitation
for
514,134
—
and
other
to
cost,
at
expenses
operating
SHEET,
tax
year
full
the
purposes,
preparatory
"U.
to
SEPT.
30,
1945
BALANCE
SHEET
AS
fpr depreciation of. $9,383,121), $7,182,366; intangible assets—patents,
$1; prepaid insurance premiums and other expenses, $23,351; total,'
$15,033,798.
"
S.
Treasury
Savings
of
manufactured
rials* and supplies
current assets,
...
Other
Real estate,
'
for
LIABILITIES—Accounts, payable—trade, $86^,615; accrued liabilities,
Federal
income " taxes,
$599,841;
reserve
for
and
compensatjon insurance, $448,238; reserve for con¬
tingencies, $650,000; common stock (200,648 shares, no' par), $5,279,-;
initial arid, capital surplus,. $1-,632,598; earned surplus, $5,015,881;.
operating
300;
cost
of 87
shares
$15,033,798 —V.
of
stock
common
162,p.
454.
'
'•
held
'
!
in
treasury,- Dr$3,Q57;
loss
series
C,
:
principally
—
receivables.
—
mortgages, and other property held
Cash
surrender
value of. life
,
insur.
47,690
2,357,777
2,671,903
273,419
policies
...
129,076
.
assets, including- pending .claims
^Property, plant and 1 equipment....——
*.■
UProp., principally land not: used in operations
(less- amortization)
He
Co.
the
17,266
.
34,794
hipti-speed
fastest
15,000
15,000
45,376
75,837
43,785
5,831,351
5,615,064
\
457,809
.
56;851
372,429
^
-
492,41b*/
,284,362:
total,
•
.
76,528
85,276
...
:
$16,333,477 $15,376,246
the
,
.
,
S.
U.
to
be delivered
next summer.
.
Skymaster Silverliners will be
of Baltimore to accommodate
disclosed
Eastern
Air Lines expects to begin operation
land-based,
four-engined
-
'
super-transport
'
plants.!
Far-reaching
.
.
of 40% in present air express
northbound shipments, of. cut; flowers,
reductions
.< -
-'
A
Announce 40% Rate Cut—.
rates;-applying fto
1
that
middle of next summer -of the first of 20 giant, 'express,
Lockheed Constellations which are the world's-largest and
•
•
-
,
cqithniodity
,
put/ ferns, '
iruits, seatood, unprocessed decorative greens and vegetables -'oVff most
A ir Lm
•. eer»«in«
a*>nroxlm>»(e)v 60 cities, became! •
effective Nov:
Total
Inc.—To Add to Fleet—
asked
January."
also
during
-
Charges ...—_c!_
of next
.
Other miscell.
at- cost
$3,378,234
mate¬
Cash
Deferred
30
3,414,781
Silverliners
new
Martin
3,267,624
products,
has
converted by the Glenn. L.
57 passengers, a crew' of
four or five and, in
addition, will have a cargo capacity of 2,000
pounds.
The new planes will have a cruising speed of 225 miles per
hour and will incorporate the latest advances in air travel coinfort.
"The delivery of the first of these new Skymasters next spring will
enable us to greatly speed up our rapidly expanding
air services/'
said
Captain
Rickenbacker.
"Combining speed with comfort an.d
operating efficiency, they will mark a most important additiomta the
fleet of 56 DC-3 Silverliners which will be in operation by-'the end
The
provided
4,248
'
corporation
stellation
sustained
and
liquidation (est. realizable amount)j.'
deposited in lieu of surety bond—______
Patents
JUNE
$2,695,830
Notes,
thereon —--:
and accounts receivable—trade..
Ad¬
Government to allocate for
four-engined Doughs Skyalready have been allocated,
it was announced on Nov. 6 by Captain Eddie Rickenbacker, President
and General Manager.
These airliners will augment a fletfe. of 56
DC-3 21-passenger planes and a fleet of 20 luxurious Lockheed Con¬
L
'
for
OF
—
....
tlnventories
and ion hand, $1,256,653; U. S. Government
$997,480; accounts receivable (net),; $963,084; in-:
other assets, $41,111; fixed assets (after reserve
a
qn
accrued
reserve.
$4,569,752;
reservb
of
amount
Co., Inc.-^To Build
Building—
)
p.' 2145.
!
Construction Co. below.—V..162,
operation next spring 20 high-speed,
master Silverliner transports of which four
for taxes on income is approximately $450,000
been required had there not been available as
CONSOLIDATED
—
tNotes
BALANCE
have
for
Styrori,
materials,
its
value excess profits tax.
ASSETS—--
_
$543,383:
$1,380,725
514,134
sale of property, which loss was largely
the time of reorganization of the corporation,
Cash
in banks
ASSETS—Cash
'
would
during the
$724,894
$2.49
than
deduction
a
317,300
$499,131
CONSOLIDATED
ventories,
2,058
420,000
operating Indianapolis plant—added
securities—at
paid
the Nemours
to
Eastern Air Lines,
20,307
$1,471,391
,
plastic
679,075
420,525
44,916
—.-!_
.
"Including declared
of
share
for
"562,284
1,710,300
:
L
NOTE—The provision
50,000
stock
"Provision
surtax
*
&
inc.
.*
per
income
Dividends
35,319
profits taxes..,
excess
and
tax—
basic
four
(E. I.) du Pont de Neijiours &
See Turner
•The
$1,134,729
25,900
rehabil,.
Fed;
normal
profits
foreign taxes—..—-
manufactures
company
dition
dis¬
or
mantlements of
"Prov.
Prov. -for
$798,018
15,579
debs..
485,472
28,425
28,425
67,927
$936,248
of
amort,
on
excess
and
Net
Loss
460,907
496,986
.
attached
240x320
warehouse with production wings
the warehouse will be
The original portion of
73,507
496,494
for amortiz. of patent cost..
State
45,249
88,258
three-story plastics
a
and contain
The
receivables created
...—...
expansion of
Ethocel, Saran and Styraloy. While no new basic materials.,are being
contemplated, Dr. Dow said, some of the "interesting modifications of
our present plastics
will be going into volume production for the first
time."—V. 162, p. 1766.
.
48,000
year
facilties
Federal
57,425
248,504
23,241
Thus production, and conse¬
steadily without even a tem¬
period.
bow's facilities, it was explained briefly, is planned
is expected to climb
approximately five acres of floor space.
This can be
extended "almost indefinitely" and at the same time any required num¬
ber of production wings added along the-sides.
"With this plan," Dr.
Dow commented, "we can expand almost indefinitely, or .stop anywhere
along the line, and still have an efficient and economic set-up with a
minimum of materials handling irom production through packaging and
warehousing to shipping."
«
91,542
—
Prov.
$982,911
...
he pointed out, is the fact
"over-inflated" during the war.
either side.
feet
in
———
possible losses on
on
66,561
_
settlement
for depreciation of plants and equipm't—
for amortiz. of cost of emergency plant
Prov.
1945—12 Mos.1944
$896,109
opers
contributions—past service...
fund
The
around
40,739
83,810
least
"This
entire
in
immediate
that the plastics industry has
to be producing at
or less
five years
in
lull during the readjustment
porary
29,948
38,813
255,212
for
during
$17,649,379 $16,773,884 $23,349,561 $22,491,391
Cost of sales..
15,378,834
14,730,196
20,553,738
19,707,390
Admin., sell, & gen. exp,
1,603,856
961,455
1,336,974
1,266,891
prov, for depreciatio^.
370,580
333,835
475,938
450,308
from
hopes
company
many
not been
$3,970,808
23,990
windstorm damage..
and
Miscellaneous
30
...
Profit
$5,530,224
__
possible additional
renegotiations for year 1943.
$0.93
SEPT.
plastics production facilities of
Dr. Willard H. Dow, President.
$2,500,000
quently employment,
194,700
—
may or may
million pounds of plastic materials per year, Dr. Dow said.,
times our present production," he added, "and if the
industry expands along these lines it should be of major importance
holding employment in this country at a high level."
Of
$3,776,108
295,339
—
——
:
Provision
Prov.
FOR
projected $15,000,000 expansion in
outlined on Nov. 5 by
The
20,149,756
1,522,628
•_
___
received
were
Plastics Production Fa¬
in
Expansion
Large
150
is
30
$5,234,885
1945...• Accordingly,
deductions for the
worth of new construction is already in progress,
he said, the balance being represented by a continuing extension of
facilities to be added over the period of the next-five years.
*:
under
1,878,713
accrued. No estimate of
due to anticipated reBy proclamation of the
to certificates of neces¬
results.-
affect
A
1944
26,285,033
was
made
emergency facilities ended as of Sept. 29,
proposes to recompute amortization
About
$33,398,631 $25,448,492
__
$1.54
years
this company was
with
JUNE
ENDED
Taxes—capital stock, franchise, etc
Loss (net) on disposal of prop., plant & equip,
/Retirement
$4,878,685
stock
RESULTS
YEARS
FOR
^Research and patent expenses
$5,015,881
30
connection
1,248,706
cilities—
business for
which is presently
depreciation
before
Interest
14,650
red.—_
common
ACCOUNT
...
income
Other
30,935
50,140
stages no excess profit
profits, tax, if any, could be
Plans
■
profit from operations, before depreciat'n
Net
Flood
Shares
INCOME
sales
Cost
amortiz.
Balance
exp.
'
Selling, general and administrative expenses
"
dividends
&;
1943,
in
$2,229,700
$1.57
requirements;
significance,
Total
Premium
claimed
$48,000
ended June 30,
the year
for
of
amount
$2,273,966
share—....—
common
company
not
management, however, that the adjustment,
will not have a material effect upon the
Provision has been made for refund
the
$8,875,402
2,056,264
4,589,433
1942, 1943, 1944 and 1945.
No dividends
from associated companies during this quarter.
Renegotiation of contracts under existing Federal law
30,
1945
$218,251
$5,080,671
Common
the
.
$6,125,630
2,131,787
1,719,877
1,248,706
shares
common
per
preferred dividend
for
sity
corporation is subject to renegotiation
Proceedings in respect to
—
company
fiscal
result
may
CONSOLIDATED
1,739
dividends...;.
'
ifinancial position.
additional
the
cpntracts
205,940
$138,567
Total
.
——
.....
...
of
1944
1945
•
—
computation of deductions for amortization.
President, the emergency period with respect
1944 have been completed and no refund
Proceedings with respect to business for the
June 30,
1945 have been started but the management
for determining the ultimate result of these proceedings.
June
ended
basis
no
is
Net
133,100
...
105,000
surplus June 30
Preferred
in part:
said
10,988
taxes
tax
"After
The
outstanding as of June 30, 1945 had a book
of which $14.56 per share is represented
business of the
the
ended
year
$436,918
667
profit
Earned
21
dis-
properties..
Federal
Sept.
on
31—
completed .facilities—..,
provision.
of
profit
"Earnings
share,
per
the. Renegotiation Act.
year
has
13,131
11,228
debs..
or
Net
profits was required.
It
$423,787
$244,233
*
-
income
Federal
the
s
'J
Corp.—Annual Repdrt—
appeal.
Total
during
par
Cuba's more than 4,000,000 population,
central telephone exchanges in operation
total of 72.160 telephones.—V. 162, p. 7.
President,
shares
$26.37
corporation's,
Profit
Amortization
quarterly dividend policy was adopted in the fall of
dividends aggregating $514,134 were paid during the fiscal
and
value
-Earnings-
1944
exps.
■,
sales
Adm„ sell. &
to
Chemical Co. (& Subs.)—Earnings—
Dow
Quarter Ended Aug.
after charges
by working capital.
1886.
p,
Subs.)
1945
life
1766.
162. p.
Profit
year.
under
Continental
—V.
1945—3 Mos.—1944 .
$3,124,687 $2,675,862
1945—Month—1944
$1,154,522
$958,413'
Sales
A
year.
1944
Chemical
F.
Certain
3 Mos. End.
their
during
.
Corp.—October Sales Up 20.5%—
Diana Stores
Period End. Oct. 31—
the re-,
Will be used by Cuban Telephone
working capital of June 30, 1945 totaled $7,48o,790,'as com¬
with $7,053,228 on June 30, 1944, an increase of $432,562 for
pared
2,853,971
$2.03
162,
after
1, 1946.
required for
Jan.
that
Number
of
Telephone has 160
54,718 lines serving a
Chester
$5,353,762
$2.43
other contingencies.—V.
and
on
cents
con¬
payable as to principal and interest at
either in U. S. dollars in New York or in
down
scaling
Republic
the
Davison
7,943,653
$4,644,167
.
"Includes $5,381,295 for depreciation, $7,023,626 for estimated income
excess
profits
taxes
and
$1,000,000 appropriated
for inventory
or
after
than
„
stock,
common
excess
and
price decline
redeemable
,
Nov.
years.
with
2,856,631
share
per
be
the
for
5%
mortgage
Bridge Co.—75-Cent Dividend—-
declared a distribution of 75 cents per share
par $1, payable Dec. 17 to holders of record
10.
This compares with. 50 cents paid on May 31, last, and 25
each on June 12, Oct. 31 and Dec. 26, 1944.—V. 161, p. 1769.
have
directors
The
on
are
the holders
three
the
pari..
Earnings
debentures,
of
Cuban
stk.
common
other
mortgage bonds,
construction capital.
years,
The
of
will
first
of par
Detroit International
-
$14,163,157 $13,297,415
$5,964,799
Shares
of
interest
bear
financing,
5%
the
new
Serving
■"
profit...
issue
to
cease
the
four
last
Deprec. and est. inc. and
Net
-
Cuban1 currency in Havana.
In the event that currency
restrictions prevent transfers of funds, from Cuba to New Yorx, in¬
terest. or principal at maturity, may become payable solely in Havana
in tne then equivalent Cuban currency.
The debentures are redeem¬
able
in
whole
or
in
part at 105, plus accrued interest, during the
Continental Can Co., Inc.—Earnings—
excess
of
option
first
^Including Wholly Owned Subsidiaries!
12.Mos. End. Sept. 30—
1945
1944
1943
Profit bef. deprec. and
$3,500,000
called
has
company,
be borne by the certifi-/
to specify the rate of dividends .to.
multiples of Vb of 1% per annum.
in
bid, of 98.27%
equivalent
possible.
as
will
from
additional
for
The
mechanical
financing,
this
the procurement of certain equip-..",
•
«
' - »'•..< -: •: •
'
-
'
15
Proceeds
the
NOTE-—For
5%
The
bonds.
Dec.
per
19
Dec,
outstanding
its
vertible
Continental Aviation & Engineering Corp.—Initial Div.
The
of
collateral. feature
a
•;
,
placed privately at 101V2, plus accrued interest from
July 1, and'the balance has been purchased in Havana
at the same price.
•
162,
'
$2,610,000 equipment trust
issued by the Pennsylvania Co. for Insur-\
Annuities, as trusted, and sold at 98.27-
connection with
In
obligation •
report of
required
just completed: the issuance and sale of $6,000,000 20-:
year 4% debentures, Series A, dated as of July 1, 1945.
A total of $4,000,000 of the new debentures has been;
8,027,581
in¬
;
..
post-war
—V.
$56,494,266 $52,018,987
not exceeding
assume
.
$9,056,823 *
$9,814,700
be
to
the Commission states:.
.
'
The certificates were offered for sale through competitive bidding
and invitations to bid were also sent to 54 parties, each bidder being;
The
$6,000,000 Bonds—$4,000,000 Placed Privately—-Company, an operating subsidiary
of the International Telephone and Telegraph Corp., has
Fed-
taxe6___^_______
dividends
'
and
to
Granting
&
ment.
Trust
f
the -company
16, authorized
respect of
in
Western RR.—Equipment
-
series J,
Lives
on
cates
1945—9 Mos.- -1944
,
$18,084,332 $18,173,672
before
profit
for
Oct.
on
liability
ances
;
,
ICC
certificates,
1945—10 Mos.—1944
$1,091,384
.
Container Corp. of America—Earnings—
Period End. Sept. 30.-r-
$16,383,477 $15,376,2^6
deducting $2,274,536 in
provision
The
■
Cuban Telephone Co.—Sells
Net
3,901,911
—-—.——
Certificates—
ftose 12.1%—
1945-rMonth—1944 !•
$973,594
,
Sales
$113,all of
500,000
514,l^
9,141,663'
2,944,654.
9,141,863
*
Denver & Rio Grande
right
'
2013.
p.
Crown Drug Co.—October Sales
the listing
authorised
mortgage
commdn
of
Crosley Motors, Inc.—Stock Offered—
•,
1638.
p.
bonds,12% %. series due/Sept.
outstanding.—V. 162, p. 2144.
are
:
'
•.
:
545,800
$6.54
and
Consumers Power Co.—Listing of First Mortgage Bds.
;
825,000
$2,771,879
.
,—-
for doubtful accts.,
reserves
to
subscribe, on or before Ncv, 27, at $6 per share, for common stock (no
par>, of Crosley Motors, Inc.,
to the extent of one share for each
share of common stock Of Crosley Corp. held.—V\ 162, p. 1638. •'
•
...
$20,200,797 $17,089,467 '
$2,091,401
162. p. 2144.
Consolidated
$3,571,388
545,800
„
48,000
500,000
514,134
—:—————-
__f
against
6,495,057
$2.53
;.
—
Rights to Subscribe to Motors Stock—
Stores, Inc.—October Sales—
1945—Month—1944
!_—
Earnings per share!!—I.:
'.Holders
'Period
i.
.
S. Norris, former head of the heating branch of the War
Production Board, has been appointed Vice-President.—V. 126, p. 875. '
$1,380,902
545,800
_
No., of capital shares
Industries, Inc.-^-New Vice-President—
Henry
goo,000
30,278
1945 and $1,105,000 in 1944 applied
Federal income
taxes
(per contra),
tAfter :■
discts., etc., x>f $135,000 in 1945 and $108,913 in 1944.
tAt not exceeding .the lower of cost or market.
lAfter
reserves for depreciation subsequent to Dec. 31,
1935 and amortization/
of emergency plant facilities of $4,690,042 in 1945 and $3,811,322 in •
1944.
HAfter adjustment for sale!
""After deducting U. S. Treasury ,
savings notes, series C (and accrued interest thereon)
of $2,274,536
in 1945 and $1,105,000 in 1944;—v. 162, p. 2144-...
•
.
*
1943
8,475,195
!_.
surplus
surplus
Capital
756,000
excess
income.
on
post-war adjustments
Common stock of $1 each
.—...
-
Net
'
5,190,016
contingencies!...-....
for
-
profits
taxes
&
income
taxes
$980,059
365.4$8
600,000
42,000
.....i...
■
—...
and
clines
;
■
Fed.
450.600
$1,184,968
-A.—--
—
———u.
possible additional settlement in
renegotiation for year 1943—i.—
Reserve for possible future inventory price de-
$72,667,120 $58,978,783
12,046,583
9,266,936
7,326,918
charges..!..——
after
i—
•'
for
Provision
Total
1945
•
sales
Net
..71,426.
214,821
—
.
$12,506,321
$19,821,778
earnings—
for
""Provision
The loan
,
.
payable—banks
Notes
(& Subs.)—Earnings-
"Crosley Corp.
Subs.)—Earnings—
(&
12 Weeks Ended Sept. 22—
Net
Accruals payable
is due 1960, repayable through annual instalments be¬
ginning in 1948.
Proceeds will be- added to working
capital to finance receivables and inventories resulting
from its expanding business.'- The ' company's V-loan
was terminated on Oct. 10.—V. 162, p. 1389.
.
heretofore
hearing
Insurance Co. of New York.
the Mutual Life
the proposal of Southern
Natural Gas to acquire from its parent, Federal Water, & Gas Corp.,,
common
stock
of
Mississippi Service Co. and Chattanooga Gas Co.
a
,
compressors,
-
payable
Accounts
manufacturers of diesel and gas engines
has obtained a $2,500,000 loan irom
Corporation,
of
payment
•.
t
Consolidated'
the
held
30
Atlanta
the
of Atlanta, the hearing, will be*
bonds without payment of the •
sale
retire
premium.,
The
bonds 'without
these
LIABILITIES—
Cooper-Bessemer Corp,4-.Obtains $2;500,000 Loan—The
,
it notified' the holders of its intention
proposed
to
proceeds; Of ;, the
the
•
plso -to,' retire, the
Manager, has
1, Captain Eddie-Rickenbacker; President
announced.—V. 162, p. 2145;
and-General
■
-
these plans will be placed in the hands of'the
execution shortly after he takes office.
Walker is Manager of the New York branch bf
that
Massachusetts Street Railway Co.—Earnings-*
I' Period End. Sept. 30—
1945—Month—1944
1945—9 Mos.—1944
R.y
oper. revenues
$1,114,573 $1,180,967 $10,656,731 $10,549,356
»y
oper.
exps
754,224
778,190
6,961,430
6,763,423
Taxes
242,544
268,277
2,278,628 .2,389,150
Eastern
1
'
3,424
31,093
32,243
income—
$121,350
$137,924
$1,447,766
$1,429,026
funded
debt,
deductions-—
25,375
24,610
225,640
239,684
65,113
70,328
593,624
610,377
$30,862
$42,986
Gross
Xot.
$1,416,673
$134,500
corp.
Depreciation :
income.
Net
Approved—
; Refunding
physical property
and distrib¬
*
■
•
Department of Public Utilities has approved the
Issuance by this company of $2,100,000 unsecured notes dated Sept. 1,
1945, and due Sept. 1, 1952.
The notes will bear 2!4 % interest. The
Department also approved the issuance of $3,600,000 3V2% general
*r»ortgage bonds, to be dated Sept. 1, 1945, and to mature March 1,
Massachusetts
The
1962.
of 4%
the company's $5,700,000
outstanding.—V. 162, p. 1511.
redeeming
of
bonds
purpose
now
and Wisconsin, all
in the States of Minnesota
1944.—V.
162,
declared
have
Dividend
1, 1945, the System inputs of client oper¬
ating companies of Ebasco Services Inc., which are subsidiaries of
American Power
&
Light Co., Electric Power & Light Corp., and
Wational
Power
&
Light Co., as compared with the corresponding
"week during 1944 were as follows (in thousands of kilowatt-hours):
the. week ended Nov.
'
National
,.
&
Power
Light
Corp.—
Light Co.—
&
Power
164,844
92,422
100,702
167,909
81,991
90,575
American
Electric
1944
1945
Operating Subsidiaries of—
Power &
Light Co
'
Increase——
Amount
Pet.
3,065
1.9
*10,431
*11.3
*10,127
*10.1
.
Sales
—V.
'The
* Decrease.
.
NOTE—The
j
figures
above
include the system inputs of
not
do
heads
United
&
stockholders
States
this
of
been
haye
company
asked
to
of the
committee
representing American stockholders.
form'letter drawn up by the committee, for mailing
A
to members
.
of^the United States Senate said in part:
."International
erties
for
t>e
allows
law
the
by the Crown in Canada
The
same.
has
and this amount-being inadequate
to myself or
the shareholders of
payable to me,
reference
^without
expropriation
j
and-being fixed ,
majority shares 1
is hereby stated by me to be unacceptable."
Crown with violation of international law.
in the Eldorado Company,
The letter charged the
United
District
States
Court
for
the
York has approved Plan 1 of the company and has authorized the dis¬
tribution
through
ferred
about
on Nov. 23 of
payment of $30
$31,000,000
share
a
on
the
to
stockholders
preferred
and $6
$5
outstanding
pre¬
This is the
first
of
three
plans of the company for compliance with
the Public Utility Holding Company Act.
The remaining steps call r
for retirement of all preferred stock,
disposal of all investments in >
public utilities in this country and settlement of claims against its *
.vholly owned
i
After
subsidiaries.
distribution
preferred stockholders, the outstanding $5
will have been reduced from $145,565,-.
latter part of 1941.
The company said,
the $30 distribution will effect a dividend saving of $1,871,000 a
the
to
■end
$6 preferred stock liability
$00
to
that
$73,029,600
year.—V.
;
1888.
p.
Electric Power & Light Corp.—To Retire Debentures—
The
It
162,
the
since
proposal of
from
Jjight
the
Co.
sale
corporation
the
of
its
organized, Texas Utilities Co.,
5%
tares,
&
Power
expend
stock
common
American
(see
to
$17,350,000
interest
Light
in
received
Dallas
Co.- above)
to
by-'
&
Power
the
newly:
toward the retirement of its gold deben->
^series, due 2030, has been approved by the Securities and
Commission,
■sxenange
The
Commission
said
the
step
is necessary
to:
—the homing company system of which Electric is a
tuember.—V.^162,'
p.. 2145.
"
~
%
■-
■"
- ^
Rietz, Manager of the company's Farm
Division, Schenectady, N, Y.
The first of a number of new
G.
to
A.
expected
products
Corp. of America —To Raise
Capital for Expansion—
•
•
for
Products
of this
Additional >
far
fftlfci w
ng capacity that the company is planning an ex\
t President, said on Nov. 7.
uel J. Novick, °n p,£ through acquisition of new factory facilities, Sam¬
*
tindl^ With lhis ,e*Pansion. the company has negotiated an :
rani in i iml agfeonaent
with First Colony Corporation, whereby new:
JmThv wiif £ *alsed *n the near future through a public stock offer-.
This Win r?nr»cI°^y^prporation' as underwriter, Mr.-, Novick disclosed.;
The♦
company's first public financing operation.
new Products-which arc meeting/increasing de-
y8
0
el<!ctroc«a"*"'Ph. and the-
^-ypatune,
,
pace
with
future
orders
once
we
get
our
new
ganization
tion
the
of
two
Co?pn of America°rated
attacked
Line
Coast
D.
F.
'
'
the
tion
would
ii
company,
.
announces
the
election
of
Floyd D. Ccrf Co.,
and
p
?lalkCr' subsidiary. Presidency President, who will
the The new of the Citro-Chemical Corp .ofAme^'
a
his
duties
lea,
assume
Jan;
1,
1946,
succeeds
Walter
W.
White, who is
Bonham said.
retiring
from
active
euiing irom actlve,
•iTie Citro-Chemical various chemicals used byoffices drug Maywood
Corp., with plants and
in industry
N.
J., manufactures
the
management
Mr
of the company,
Bonham
revealed
formulating plans
to
Mr.
that
realign
the
the
corporation
i
parent
company
and
its
is
at
present-
operations,
and
electrical
the de-icer
General Foods Corp.—Earnings—
Wholly
Canada)
and
of
Cost
goods
adm.
Selling,
$
$
$
$
exps.,
etc.,
Profit
sold
and gen.
charges.,
47,937,212
48,285,675 176,964,910 153,995,883
9,997,882
10,198,818
31,400,472
33,030,735
oper.„___
5,376,366
333,156
6,085,985
185,208
26,244,110
769,880
21,779,04ft
533,970
5,709,522
6,271,193
27,013,990
22,313,01ft.
income-...
income.
Total
Int.
on
Est.
Pont
Income
Net
,
—
15,318,000
13,010,00ft
11,261,990
8,346,01ft
506,25ft
11,261,990
3,510,000
3,228,939
2,482,193
168,750
3,228,939
2,313,443
7,839,760
957,000
279,000
contingencies
pfd.
on
434,000
2,318,000
profit
Divs.
.
excess
taxes
for
Prov.
and
162,583
debt
long-term
profits
Secretary of Atlantic Coast Dine,
savings resulting from a unifica¬
■
64,570,478 234,609,492 208,805,658
from
Other
'
1945—9 Mos.—1944
1945—3 Mos.—1944
—63,311,460
sales
Net
in the United States
Subsidiary Companies
Owned
Period End. Sept. 30—
difficult to
be
months
outside
<
Merchant Ship,
Navy Ship,
(Including
that it would give control
of which Alfred I. du
savings.
the .formulation
—
stock....
,
,
of the new plan Mr. Lemmon stated that the
Atlantic Coast Line had given weight to the belief that earnings in
1946 and the years immediately following are likely to be in excess
of
the
normal forecast jof the Commission. .
;
.
i Mr.
Lemmon
stated that his company would be willing to have
In
v
Bal.
to
applic.
;
com.
stock
*Earns,
stock
*On
additional" divisional income mortgage bonds substituted
$9,0Q0,000 of divisional first mortgage bonds that would be
plan, but stated that use of the income bonds .would
per
sh.
com.
)'
.
,
v
$0.58
5,575,463 shares.—V. 162, p. 671.
$0.42
z
,
$2.02
$.1.41.
$9,000,000 iri
fpr
the
-General Gas & Electric
under ,tiie
issued
bidding.
bring the company a little higher price when offered for
"Commenting on the disbursement of Coast Line stock,
skid
that the stock seemed definitely undervalued and
"it
thinks
not
.all
at
stock
is
out
price of the Atlantic Coast Line common
in relation to its earnings from the market prices stocks."1 He painted'out that each share of the stock-
of line
other railroad
ownership of a share of
represents thb beneficial
stock.
Louisville & Nashville
common
both preferred and common ■
stock the plan prevented the possibility of gross undervaluation or
overvaluation1 of- the
price offered to the Florida East Coast bond¬
holders.—V. 162, p. 2146.
' •'
"•
•
Lemmon
Mr.
that
stated
by
corporation
allotting
the
for
$8
Gengas
preferred.
in
this country
Corp.—Standardizes Buffalos—s-
Chief
S.
of not- more than' two
and abroad.
with' supplying the requests, according to Ogden
Vice-President, is the wide range of sizes, weights, carrying
difficulty
Sells,
*
Franklin Stores Corp.—October
—V.
162,
p.
'$2,254,443
-
1767'.
•
-
:.
(r
'1
•
Trailer Plant—
the addition of a new truck trailer plant at Avon
Cleveland, Ohio, gives this organization eight factories
in
the United States,
Harvey C. Fruehauf, President, states;
"The
coming of peace is permitting motor transport to resume the rapid
growth interrupted by the restrictions of war.
From the standpoint
of equipment our company is experiencing' an unprecedented demand
for trailers of all types—standard as well as special or custom units
which
require
diversified engineering and manufacturing facilities.
"To
facilitate
manufacture
and
delivery,
our
plants
have
been
Pointing out that
near
,
which
is
important
in
produce
the type of
to be employed,
thus
a
product
of
unit needed in the
simplifying shipping
,
For Pacific ."Coait
this' size.
.
'
.
I
(
receive one-fifth share
for each Gengas -share-
all
includes
distributions
on
the Florida
1, 1944, to and Including Dec. 1, 1945.
'All exchanges of securities are to be effected
Bank
& Trust Co.,
New York, which has been
under the plan.—V.
agent
1
Power common from
■!
at Central Hanbvet"
appointed exchange
162, p. 2015.
General Instrument
,
Corp.—Shares Registered—
the Securities and'Exchange Commission
'The'corporation filed tvith
registration statement covering 60,00d shares of cumulative '
convertible preferred stock ($20 parr, the dividend rate of which will,
be filed by amendment, and 260,000 shares of ($1 par) common ^tock.
The. latter includes 100,000 shares reserved for issuance upon conver¬
sion of the preferred on the basis of 1% shares of common for each
?6
cjtitiri*
'
Sales Rose 11.8%—
1945—4 Mos.—1944 J
$7,777,891 $7,265,728
Fruehauf Trailer Co.—New Truck
strategically
located
to
vicinity in which it is
(
solution to the'
1945—Month-r-1944
$2,016,526
period End." Oct. 31—
Sales——,
1
i
however, that the
a
<
held.
Oct.
capacities, and accessories demanded.
He predicted,
ehglneers who met every war demand would find
peacetime problem'.—V. 162, p. 1391.
'.
Aug.
peacetime commercial models
of
wartime t'Water Buffalo"
amphibious tractors -is sought by en¬
gineers of-frhis corporation, according to a recent announcement.
'The company, which produced-more-than 10,000-'-'WatTer Buffalo"
amphibious tanks -and tractors-for the Navy during the. war, has ■
received requests for pea.cetjme vehicles from hundreds of -firms both
Standardization
•
Gengas A and B common stockholders are to
Power Corp.. common and $1.84 cash
of Florida
This
'
1—-:
has set Dec,
divestment of assets,
considerably over
-"We-consider the market
of
Corp.—Plan Effective Dec.
1 as the effective date for its plan of
simplification of corporate structure and equitable;
distribution
of
voting
power
approved by the SEC and the U. S.
District Court for the Southern District of New York.
\
Holders of Gengas prior preference stock are to receive two share®
South Carolina Electric & Gas Co. 5%
preferred and $.209 cash for
(z&clii share held
*. •
For
each of the
three classes of Gengas preferred there will
exchanged 2.8 shares of South Carolina preferred plus cash of $14,084.
for : the Gengas $6 preferred, $23,292 for the $7 preferred and $32.50
The
Mr. Lemmon
his company
impossible that it may rise in market value
the next year and a half.
very
•
Charles
use,
and Diesel-Electric Divisions, now a
part of Generai Electric's Federal and Marine Divisions, have been
consolidated into a new Marine Division, effective Nov. l, according to
an announcement by R. S. Nebletf, Manager of the company's Federal
and Marine Divisions.
Simultaneously, Mr. Neblett announced the ap¬
pointments of E. K. Henley as Manager, and W. H, Wild as Manager
Sales, of the new Marine Division, and the transfer of F. C. Ruling to
Washington, D. C., as Assistant Manager of General Electric's office
there.
"This centralization of all shipbuilding activities is expected
to provide better service," Mr. Neblett said.—V. 162, p. 2147.
forecast, but at one point in his testimony
the figure of $900,000 to $1,000,000 yearly as assumed even*
used
he
Lake,
PrSS?nfhA^'^n5^?' Chalrman of the executive committee
farm
Consolidated—
Federal and Marine Divisions
reorganization plan previously ap¬
a
Lemmon, Vice-President and
Commission that eventual
told
N®* Y°lk on May 2" l934> a» Transformer
Emerson Drug Co.—New President of Unit—
for
companies.
proved by the Commission on the grounds
of Florida East Coast to St. Joe Paper Co.,
estate owns a majority of stock,
manufacturing1
ThisinrnrnPeaari0n' The neT plant has been leased in Brooklyn NY"
.riJfi
corporation presently producing a. wide range of electronic'
"devices and preparing to turn cut radios and television sets W
available
•
The
has
.
keep
made
tanks.
presented the ICC with its reor¬
plan for the Florida East Coast Ry. which calls for unifica¬
Food Machinery
corporation-are running so
be
to
stockagents,
Industry*
provides livestock with drinking water during the cold winter
by keeping a hole open in the ice forming on the surface of
'
Electronic
Released—
de-icers
according
Ry.—Reorganization Plan for Road
Line RR.
Coast
Atlantic
The
-
tual
stocks.
mountains,
Virginian's
production lot of General Electric's new floating
has been shipped to authorized distributors and
first
The
tank
net' proceeds
the
To be used
between
territory
G-E Farm Stock-Tank De-icers
•
>
consisting of one share of pre¬
$15 per unit.
•'
the Virginian Ry. Co.
by
Filed by ACL—
New-
District of
Southern
units
offered in
be
underwriting group.
Atlantic
:
Electric Bond & Share Co.—To Pay Out $31,000,000—
'The
Off-
Inc.—Registers with SEC—
with the SEC for
150,000 shares of
share of common at
Florida East Coast
.
provided
Canada
in
Crown
of my aforesaid prop¬
adequate recompense is paid
summarily fixed an amount to
will
one
electrics has been
Roanoke, Va., and Mullens, W. Va.
•The
"Super giant" will be the first of any kind of locomotive ta
carry weight of 1,000,000 pounds on drivers, the present heaviest weight
on drivers being slightly more than 900,000 pounds, according to record.
electrified
estimated at $1,946,685, about $176,063, plus
interest, will be paid to Max Simpson, Irvin Studweli and Frank Swick
in payment of the balance due for the purchase of 79,348 shares of
common
stock and 328 shares of preferred of the Health Cigar Co.,
Inc.
Around $150,000 will go for additional equipment, about $750,000
id
payment of current notes payable and the balance to working
capital.
'
"
company's
■;
the
Or
of the
to their Senators in Washington against expropriation
property by the Dominion of Canada.
-Thomas A. Sutton, of Toronto, Ont., Canada, is
Chairman
protest
and
recently by the
announced
was
leaders-to-be of all
new
Electric
General
with
placed
'
-
ferred
Refining*Co.—Stockholders' Pro¬
Committee—Protests Proposal to Seize Properties
Eldorado Mining
shares
stock
'The
it
1946,
in
such
four
for
mainly for heavy coal-haulage operations over the Allegheny
the four new kings of the rail will handle freight on the
has filed a registration statement
of 67c
cumulative preferred and
common.
Giant" Electric
v
delivery
for
order
An
1889.
p.
company
150,000
any
162, p. 2145.
in both periods.—V.
appearing
companies not
'
tective
162,
Fleming-Hall Tobacco Co.,
>
$1,700,232
Income has been
company.
1945—10 Mos.—1944
$5,334,368 $5,019,226
1945—Month—1944
$606,813
$602,319
plant
Pa.,
Inc.—October Sales—
Fisliman Co.,
<M. H.)
Period End. Oct. 31—
•
*
"
,
•
,
Traction Co.—Sub; Sale
permitted" Nov. 7 to withdraw an application in which
it
sought authority of the SEC to sell all outstanding stock of its
subsidiary, Tucson Gas, Electric Light & Power Co., to the Arizona
Edison Co., Inc., for
$5,040,812.
-In approving withdrawal of the proposal and related transactions
the SEC pointed out
that the Arizona Corporation Commission had
denied Arizona Edison's application for approval of the proposed ac¬
quisition of the stock of Tucson Gas.—V. 162, p. 1639.
Services Inc.—Weekly Input—
Ebasco
For
2146.
p.
Company was
2014.
p.
162,
—
A new 1,000,000 pound,
143 feet long ."super giant" electric locomo¬
tive, destined to be the most powerful continuously rated electric loco¬
motive in the United States, is to be built by this company at its Erie.,
made by
Federal Light &
on
General Electric Co.—To Build "Super
equip¬
accepted.—V.
taxes
Locomotive—
of
a
30,212
$9,904,569
154,337
8,050,00ft
adjusted to reflect estimated renegotia¬
liability on Government business.
M2) Corporation notified participating banks that its V-T Loan Credit
of $9,000,000 terminated as of Oct. 12, 1945.*—V. 162, p. 1169,
thereto six bids were received.
The best bids were
the Central Hanover Bank & Trust Co. and by the Central National
Bank of Cleveland,
acting for itself and on behalf of the Manufac¬
turer's ' & Traders Trust Co., Buffalo,
N. Y., and the Philadelphia
National Bank, each specifying an interest rate of 1.62%
per annum,
and
the. bid
of the Central Hanover Bank & Trust Co. has been
dividend of 60 cents per share on the
•common
stock, no par value, payable Nov. 15 to holders of record
Nov. 8.
This compares with 50 cents paid on Aug. 15, last, and 45
cents each on Feb. 15 and May 15, 1945, and in each quarter during
trustees
debt
income:.,
funded
on
Federal
NOTES—(1)
exceeding
response
$3,449,000 in the case
Eastern Utilities Associates—Declares Larger
;
issue at par not
•
acting through the Dunn
for a basic price of
"County (Wis.) Electric Cooperative Association,
$1,530,000 in the case of Minnesota Power and
of Wisconsin Hydro.—V. 162, p. 455.
The
authorized the company to
has
ICC
.
Electric Co.,
liave
supersede the
Joint plan of reorganization filed by the two companies in 1943,
The new plan contemplates the sale of the physical assets of Wis¬
consin
and Minnesota to
"certain electric cooperative associations"
25,888
$9,887,403
232,387
8,065,000
$1,590,016
expense
for
income
Net
of promissory notes in further evidence, but not in pay¬
ment, of the unpaid portion of the purchase price of certain
ment to be acquired under a conditional-sale agreement.
The company invited 64 parties to bid for the purchase at par
the $1,848,000 of notes to be issued in respect of the gondola cars,
the
bidders to name the rate of interest to be borne thereby.
In
corporation and its subsidiary, Wisconsin Hydro
filed a joint plan of dissolution with the SEC to
2,004,288
$9,874,358
tion
1888.
p.
and
Provision
Authorized—
$1,848,000
lution—
•■The
162,
Corp.'—V.
Erie RR.—Notes
The
1,292,695
$9,861,514
—
income
Interest
C. Huntington, Jr. President of
Equity group, announced on Oct.
General
profit-
(net)-..
income
Other
general
Corp.—Files Plan of Disso¬
Eastern Minnesota Power
service,
operating
Net
Vice-President—
fhe investment .companies
in
the
29 the election of Edward
A, McQuade as Vice-President of The Equity Corp., American General
Corp.,
and Utility Equities Corp.
For the last 2V2 years he has
been
Vice-President of First York Corp., a subsidiary of American
by
the
administrative & gen. exp.^„_
Other operating charges (net)
Provision for depreciation and amortization—
Equity Corp.—New
annually of at least
$13,181,943 $13,728,834
1,479,449
1,334,014
548,285
516,174'
deprec. & amort
profit on sales, before
Gross
Product
1944
1945
Ended Sept 30—
9 Months
,
,
Ellery
are
General Cable Corp.—Earnings—
in
energy
Total
$300,000 beginning Sept. 1, 1946.
The bonds are to be redeemed
the payment annually of at least $360,000 beginning not later than
June 1, 1953.
Proceeds from
the sale of the securities are to be used only for
mortgage
electric
2146.
p.
: '
redeemed by the payment
be
to
notes are
,The
'
'
.
announced Nov. 7
company,
Middle
erecting
plant near Cleveland which, with the necessary,
will require a $4,500,000 investment. In addition,
being incorporated in our factories at Detroit,"
Fort
Wayne,
Omaha, Cedar Rapids, Kansas City and Springfield
.(Mo.).—V. 162, p.
2146.
improvements
the
[
-
,
and equipment,
tools
and in the vicinity of Laramie, Wyo., of the
Western
Public Service Co., or, in thq alternative, for the purchase
of all of the capital stock of the Western Public Service Co., a whollyowned subsidiary of Engineers, had been sent to persons who have evi¬
denced ah interest in thie company.
~
The capital stock of Western is being offered only to persons who
dqsire to buy for investment and not for resale.
Bids will be opened
00
Dec, 3,
1945, with the expectation that if a satisfactory bid is
received, the" sale "will be consummated on Dec. -31, 1945.—V. 162,
$578,965
$628,502
,
President „of
for
the, massrproduction
Asks Bid on
—
.
meet the demand,
particularly throughout the
over-the-highway transport requirements, we are
help
"To
West
Service Co.-—
Barnes,
C.
rrtent.
that invitations for bids for the purchase of all the
and assets and business of generating, purchasing, selling
uting
on
etc,,
Donald
(Inc.)
Service Co.
Engineers Public
Western Public
$1,396,783
3,545
r_.
Jr-.
manufacturing
Inc.,
are largely of a big-capacity nature, we are
in additional space and manufacturing equip,
requirements, which
investing $2,500,000
President
new
Merck' & Co.,
chemists of Rahway, N. J.—V. 162, p. 1390.
Mr.
$117,805
profit
income
Gross
Other
-
for
Monday, November 12, 1945
CHRONICLE
COMMERCIAL & FINANCIAL
THE
2270"
a
firpfpvrpd
Gf
j
"
is the principal underwriter.
stock is issued and .outstanding and is being sold by
present holders to the underwriters as follows:
Abraham Blumenkrantz,
President, 29,700 shares; Sheldon M. Blumenkrantz, 20,100
shares;
Selma Blumenkrantz,
30,100 shares; Minnie Blumenkrantz,>
30,100 shares,, and Grace B. Cohen, wife of Samuel Cohen; Chairman
of the Board, 40,000 shares.
*In addition to these shares
10,000 shares of common are to be
sold
to
certain employees of
the company and its subsidiaries by
Abraham Blumenkrantz.
The application of the proceeds and the public offering price will
be supplied by amendment.—V.
162, p. 2147.
&
-Burr
,
The
Co.,
Inc.,
common
.
General Motors
C
E.
Wilson,
Corp.—To Build Assembly Plant—
on Nov; 2, announced acquisition of more
President,
acres'of land south of Framingham, Mass., for the erection
of a
plant to assemble Buick, Oldsmobile and Pontiac cars.
It Will
employ eventually about 3,COO people.
...
^
,
oronnfi will bp broken tor the new project just as soon as bids have
than
175
the
and
According to present sched¬
awarded.
contract
been
received
ules,
'
COMMERCIAL
,THE
Number 4437
^Volume 162
The
corporation, has
account "of' the 'sinking
called
for
fund,
1,250
ferred
great
extent
by the availability of ■ construction materials, it is hoped by
General Motors.that the project will be completed and ready for auto¬
mobile assembly by the summer of 1946.—V. 162, p. 2015;
per share
and accrued dividends amounting
Payment will be made at the Bankers Trust
'to
stock,
71
Co.,
cents
Phoenix Corp.—Stock Placed on a Quarterly
Share.
Wall St.,
16
Immediate
General
$103.50
at
per
redemption
shares
York,
New
N. Y.
the full
of
payment
4>/4%
for
1945,
1,
cumulative
r
Maintenance
and
The
directors
.cents
Dec.
March
on
,each
the
on
15
,
made.
An
162, p. 781.
quarterly
regular
a
A
and
common
of
record
common
Dec.
dividend of 25
stocks, par $5,
this
Earlier
5.
distributions
was also paid
of
extra
cents
25
of
record
Nov.
For Fourth Quarter
ing Company—
Aviation
Utilities
below—V.
Corp.
162,
134.
p.
Profit
from
operations
Depreciation
and
-
253,612
&
Net
income
earned
During
to
the
turnable
5,066,895
0.82
0.26
0.30
$2,703,943
$2,360,346
$9.61 '
$8.39
$3,051,360
—
$10.84
„
stock— ;
0.15
0.37
0.27
0.035
0.465
0.50
0.79
0.135
0.18
0.60
0.25
Admin
Mining
0.185
Machinery—1—;—0.02
Bond
'
0.13
0.055
Co
0.15
1.00
establishment
rubber
new
a
4.
have
Bond—
will
awarded
be
made
was
Steel
0.205
0.10
0.30"
0.09
0.15
0.45
0.34
0.37
"
—441—.
_
"Regular * dividends
dividends
from
are
0.055
v
to
recently
by
0.12
the
Hamilton Watch
,
0.09
of
the
in
Cost
0.11
0.13
charge
South
of
of
Other
net
0.295
investment
Two
•
of
board
South
Africa's
leading business men also
They are E. Langley Jackson
directors.
of
$2,356,667
1,989,769
of
remainder
The
<_■
Capetown, .Managing
Litchfield,
of
of
the
Chairman;
Goodyear's
of
Leroy
Co.
serve
directors
and
A.
will
G.
be
and
4
on
of
for
period
Earnings—
1945—9 Mos.—1944
1945—3 Mos.—1944
$2,184,800
smelt.,
conv.,
freights, etc.—
$2,089,404
734,711
692,903
2,325,774
2,268,285
1,117,869
3,373,426
3,643,023
$413,259
$278,632
15,880
$1,158,846
51,631
$995,621
16,998
$435,257
63,676
$294,512
$1,047,240
71,932
$1,210,477
213,552
taxes—
115,379
81,482
308,319
227,588
246,191
1——
$256,202
$141,098
Barns, per capital share
$0.55
$0.30
$688,606
$1.49
$573,463
$1.24
costs
profit
Operating
:
Total
—
income
-
$8,119,358
Net
$8,121,632
6,318,008
;
660,751
6,517,663
607,006
213,238
$1,140,599
3,326
12,549
$173,454
$346,830
$1,153,148
—
for
income
"U.
$1,006,366
S.
Federal,. Dominion of Canada
$996,964
9,402
and Republic of Mexico incom*
'
Ounces
41,931
258,649
'
Net
—V.
162,
809,024
5,476,232
18,081,777
247,000
tax
375,000
■
def$1,841
-
$175,899
$354,498
$0.51
•
-
,
$1,697,549
82,700
$1,657,279
1,198,332
$1,780,240
133,667
95,800
87,550
869,700
901,350
$74,601
$28,610
$410,753
$334,720
575,968
—
$146,742
$183,967
income—
7,475
8,640
$154,217
$192,607
133,018
and
Operating
$1,577,006
80,273
562,015
exps.
$0.94
$6,866,113
5,168,570
$759,935
Oper.
taxes-
income
Non-operating
1945—9 Mos.—1944
$6,968,497
5,391,491
$708,757
operating revenue
$511,049
$0.33
.
21,212,240
Earnings-
1945—Month—1944
period End. Sept. 30—
Gross
income
6,400,45?
7,037,848
20,857,775
458.
p.
Hudson & Manhattan RR.—Sept.
143,000
Earns, per com. share—
V. 162, p. .782. 4 ;
4
Zinc
Lead
Copper.
279,285
150,000
129,000
—
120,317
Silver
13,293
Pounds"
Pounds
Pounds
Ounces
36,843
quarter,, 1945to date, 1945
Year
~
—
profits
3rd
1
SOLD
METALS
!
175,295
51,619-
'
1945—9 Mos.—1944
,
'
Miscellaneous income
"Provision
contingencies
excess
$6,906,93(>
$6,858,046
1,031,831
refin.,
extra
$344,319
2,511
emergency
taxes
come
<'
Hawaiian Pineapple Co., Ltd.—50-Cent Dividend—
the
directors on Oct. 30 declared a dividend of 50 cents per share
capital stock, par $5, payable Nov. 23 to holders of record Nov,
r.
the
on
,'13.
This
with
compares
25
cents
paid
T
Gross
,
income
Income
charges
"Interest
Aug. 25, 50 cents on May
,25 and 25 cents on Feb. 24, last.
Payments in 1944 were as follows;
Feb. 25, 35 cents; May
25, 50 cents; .Aug. 25, -25^cents, and Nov. 25,
30 cents—V. 162, p. 1768.
;
of Mr.
Vice-President,
Cameron,
$2,599,996
1,191,584
12824.
p.
196,780
—_L
income
Allow,
made; up
.
$2,968,517
368,521
metal£
Depreciation
sales
on
of
value
Operating
-
$3,011,198
2,453,641
„
State & Fed. normal in-
Director
board
Mr.
Export
will
$2,921,708
389,588
2016.
p.
Market.,
"
$170,118
_4— —4
plant facilities
,
of Johannesburg,
(D.C.O.), and Gerald Edward O'Arcy
of the Cape Times. '
Vice Chairman of Barclays Banks
Orpen
for
Gold
subsidiary
C. V. Hendon and Paul Stevens-King, both formerly of Goodyear's
organization in England, will be Secretary-Treasurer and Sales Man¬
ager, respectively and members of the board.
new
stocks
pfd.
to
sold
0.52
0.32
Income
profits.—Compare V. 162,
1945—3 Mos.—1944
sales—.
Amortiz.
of
serve
$4,160,101
taxes.
Fed.
African
Managing Director and
operating company.
$5,241,344\
2,319,636
0.30
'
decision
company's
Litchfield.
Mr.
in
the
$4,144,405
15,696
>
Gross
0.34
Co.—Earnings—
/
Period End. Sept. 30—
Sales'
Total income
prospects
will become
parent company,
board
to
post-war
the
■■
*
>
.
the new plant, according
Nicholson, who has been
L.
the
applic.
Howe Sound Co.-
0.40
0.04
0.025
4__
realized
0.O35
0.02
W.
P.
soon.
growing tire business and
Africa
were
determining factors
erect
J.
'for
$294,732
Period End. Sept* 30—
0.32
0.08
0.085
from
are
net
0.65
0.65
0.05
_•——
__
■Utilities
0.315
0.025
Stock!—————
——
>
0.25
0.26
0.025
—
Tobacco
■
Goodyear's
South
95;063
$282,419
—
.$389,795
80,164
Balance
0.08
Equipment——
Railroad
will be
located at Uitenhage,
Cape Colony.
It
initial daily capacity of about 1,000 tires.
Construction
an
$362,583
^
deducts.,
-V. 162,
0.23
0.06
—
Railroad
plant
1
$5,193,570
47,774
1.45
0.02
—_
Railroad
manufacturing
„
Will
2,271
.
.
0.03
Gross, profit
of
plant in the Union of South Africa
Litchfield, Chairman of the board.
^contracts
income
income
Divs.
0.045
—
Sell., adv. & admin, exp.
new
4,753
(net)—-
income
Net
0.51
1.00
Gross
Goodyear Tire & Rubber Co., Akron, O.—New Plant-
The
income
Total
0.52
0.15
"
0.095
—
—
Petroleum
1942, was set aside as an addition to the contingency reserve in accord¬
with the practice followed in 1943 and 1944.
On July 31, 1945 theRevenue Act was amended, reducing the excess profits tax payable by
the amount of the post-war refund.
In view of this amendment and
.because it has now-been determined that the reserve of $900,000 created
in 1943 and 1P44 is sufficient to cover all post-war contingencies, the
amount of $210,000 has been restored to earnings for the nine months
ended Sept. 30, 1945, as reported above. •
The above net income for the nine-months ended Sept. 30, 1945 is
'subject to renegotiation, so far as it arises from government contracts.
However, it is not expected that renegotiation will materially affect
the income as reported, if at all.—V. 162, p. 1640.
the
96,586
$387,524
$2,532,120
revenue—
0.80
—
"Low-priced —
Merchandising
■
ance
Announcement of
123,619
$357,830
taxes—.
oper.
0.70
—,
—*
Institutional
$0.65
$0.82
$1.00
,
4,212,084
1,293,337
.
0.60
0.15
Industrial
7,940,781
first six months of 1945, $210,000, approximately equal
post-war refund of excess profits taxes for that period re¬
the company under the provisions of the Revenue Act of
to
0.40
__—0.045
General Bond——J—
0.065
the
10%
0.29
0.04
482,358
554,195
...
stock—:
sh. ^of pfd.
ner
Amt. earned per r;h. of com.
0.11
—t_
250,000
4,013,993
1,445,151
ex¬
taxes
!
0.82
,4—,.
.
Investing
Amt.
Other
0.50
0.215
Fully
$7,656,243
229,002
7,068,783
$11,245,753
—
———
:
domestic inc., exc. prof.
U. S. capital stock taxes
.Foreign
Net
and
income
profits
other
$0.53
0.46
Equip..,-
Food
$9,994,837
222,110
accel-
proper-
for 1945
—0.04
___
■All
Total
$0.21
0.055
Elec.
1943
1944
1945
Total
"Extra
$0,175
$0,035
—4.
Chemical
(& Subs.)—Earnings—
9 Months Ended Sept. 30—
* Regular
1
Building
'
Safety Razor Co.
of
use
250,000
Federaf
cess
v
Agricultural
Automobile
International
erated
10," lo^:
Class—•
Gillette
of
result
a
as
1
following dividends on the various classes of shares of this
corporation have been declared payable Nov, 26, 1945, to shareholders
General Water Gas & Electric Co.—Ceases to Be Hold¬
See
deferred
repairs
The
50
on
1,800
1,671,655
1,300,000
'
Group Securities, Inc.—Extra Dividends—
year—
cents
Sept. 15,
of
15—semi-annual
Sept.
were
last.—V.
class
holders
to
and
15
declared
have
share
per
payable
200
—
$19,948,22<L
7,076,739
maintenance
for
Prov.
'
107,176
investments-
electric
1392.
p.
146,533
526,709
limited-term
of
Amort,
v
1945—12 Mos.—1944
•
$1,815,722 $21,029,395
585,771
6,961,065
155,150
1,528,742
108,333
1,635,074
$1,816,262
—
Depreciation
.
162,
1945—Month—1944
Feriod End. Sept. 30—
Oper. revs,—ElectricOperation
pre-
redemption
price, together with
will be made upon presentation
.accrued dividends to Dec.
1, 1945,
and surrender of the called shares.—V.
.......
Dec.
on
of
Lighting & Power Co.—Earnings—
Houston
Greyhound Corp.—Partial Redemption—
this should be early in December.
the date of the plant's completion will be governed to a
While
Dividend Basis—
2271'
& FINANCIAL CHRONICLE
on
on
,
1,213,620
adjustment
1
bonds
income
;
—_
^Deficit
■
.
New Niagara Falls Plastics Plant—
Construction by
N.
Goodyear of
Y., for the manufacture of
derived
from*lime
The
of
t
a
Current
pounds
Erection
adhesives,
will
Total
plant is scheduled to begin shortly and about" six
required for completion,
including
installation of
About 50 persons will be em,engineers said.
ployed when the plant starts operation.
■'
The factory was formerly
scheduled for construction at Natrium,
W. Va., but was moved to New York because of the convenient avail¬
ability of raw materials and lower cost of plant investment,
the
-
of
the
will
months
.-equipment,
Prov.
be
Fed.
Goodyear
'announcement
said.-
*
O.
'
"
in
Jhis
vice-presidency
162,
years
in
that
2148.
p.
(W. T.)
Carl
of
executive
an
organization
in
will
inactive
an
'
—V.
$15,601,052
162, p.
Greater
New
status.—
Brewery,
Inc.
Changed—
r
Company in November, 1944, changed its
Industries, Inc.—V. 157,, p. 1558.
name
to Greater New York
'/'
.
'
'
-
i
•
Greater New
See
,
York-Industries, Inc.—New Name—
York Brewery, Inc.,
Greater New
393,696
393,696
in
t
1,975,065
$2.8*.
and
1943
and
.designed
$2.09
$2.91
-
_
foreign income and
Green Bay & Western
September—
1943.
/'Fed.
SHEET,
SEPT.
Canada
and
30,
1945
Gross
Net
Net
1
from
$204,748
railway.
railway
from
ry.'oper.
1944
England)
$229,600
$254,149
$197,683
46,356
,
88,584
64,809
881
47,141
payable,
$2,139,437;
747
from
•
-
Net
from
Net
ry.
—V.
2,037,689
Net
513,092
809,953
64,436
127,167
503,789
257,819
All
of
•
the
been
outstanding
called
shares
,
of
6%
••
preferred
stock,
'
2,874
shares
Immediate
render
of
of
this
payment
the
—V;
$100,
par
stock
be
may
certificates
of
received
preferred
upon
stock.-r-V.
158,
p.
and
.
accrued
,
Period End. Oct. 31—
The
game
1945—Month—1944
$5,644,994
company
month
in
October,
last, year.—"V,
1945 had
162,
$6,160,743
145
p. .1889,
stores
..
1945—9 Mos.—1944
-
$46,487,176 $47,053,606
as
V.
$3,969,713
2,737,441
against
148
the
in
;
stock
2,936,000
2,529,000
3,304,653
3,502,665
14,110,464
12,929,063
13,603,374
ex¬
"income——
(net)
■
3,449,510
Dr303,001
income.
9,353,09ji
3,325,536
13,926,025
13,343,337
Dr317,926 jDrl,067,890 Drl,229,188
1,914
25,798
$222,024
-$1,258,070
(5)
(6)
$1,661,911
195,281
1,066,980
1,447,352'
$26,743
$191,090
outstanding
have
been
$214,559
26,
shares
of
(8)
(9)
(10)
$1.50
(11)
"
i
12)
(13)
cumulative
(14)
14
.
to
convert
,
each
stock
common
Holders
will
desiring
share
of
expire
to
$1.50
at
the
exercise
the
preferred
close
forward
1513. '
their
St.,
Bank
of
.
certificates
Houston,
either
to. the
Texas,
or
to
Commerce of
Houston,
...
...
the
stock
business
profits
10,570,714
10,968,682
tax
credit
t397,968
$6.51
780,451
$6.98
$1.62
$1.72
excess
11,342,886
10,562,435
of
10%.
tDeficit.-f-
3
at
p.m.
on
■
Y.t
the
obligations of the
be
i
/
acceptance in whole or in part or of rejection of tenders
to the makers of the
tenders not later than Dec^
company announces that notice will be published on
Dec. 11, 1945, stating the prices up to and including which,
of
mailed
The
such
and series,
if any, have been
secured
amount.
accepted.
per 10O
delivered
purchaso
delivered pursuant to the acceptance, liir
whole or in part, of a tender, must be delivered in negotiable form
and
must
be
so
delivered during the period Dec. 21-28 inclusive^
All
,
for
of Secured Obligations—
obligations shall be tendered at a price
Fixed interest on all secured obligations,
pursuant to tender acceptances, will be paid, as part of the
price, to Dec. 28, 1945, but not thereafter.
on
162,
of
12,114,149
1,543,435
195,646
t55,764
share--
per
company
1945.
All
privilege
Texas.—V.
2,437,485
12,858,135
1,515,249
1769.
p;
principal
into
company's office at
transfer
agent,
The
Houston,
...
of
conversion
—
each issue
dividends.
.
of
2,633,131
2,843,732
—1
deduction
'or'before
pre¬
called
for
redemption on Dec. 6,
1945, at
Payment will be made at the Republic
of Dallas, Dallas, Texas.
.
1945.
Maury
convertible
374,479
2,787,968
—
:
until
*
$1,645,920
15,991
$143,298
124,187
3,007,610
358,541
-
its office at 26 Liberty St., New York, N.
Nov. 30 receive bids for the sale to it of
several issues and series below listed:
Sterling 3V2S of 1950.
Sterling 4s of 1951.
Sterling 3s of 1951.
First mortgage 4s of 1951.
First mortgage 3V2S of 1951.
Extended first mortgage 3V2S of 1951.
Springfield Division first mortgage 3Vis of 1951.
St. Louis Division & Terminal first mortgage 3Vis of 1951.
St. Louis Division & Terminal first mortgage 3s of 1951.
Purchased Lines first mortgage 3Vis of 1952. ;
Western Lines first mortgage 4s of 1951.
Omaha Division first mortgage 3s of 1951.
Litchfield Division first mortgage 3s of 1951.
Collateral Trust 4s'of 1952.
The
will
(3)
$1,232,272
»
3,146,509
deductions-
•
Sale to Company
$4,233,599
2,587,679
Oil Field Material Co., Inc.—Calls Stock—
privilege
shares
.National
p.
91,126,664
income
162,
(7)
'
1524
95,345,027
Illinois Central RR.—Invitation Made for Tenders
1768.
All.of, the
should
22,698,770
income
"After
(2)
$19,111
$27.50 per share and
Nov.
136,310,579 127,426,467
32,055,971
income
Net
~
two
1944
24,878,818
Balance
.
(1)
$220,110
5,221
j
.National Bank
1347.
1945—12 Mos.
34,568,981
oper.
Notice
sur¬
1
Co.—Earnings—
expenses
Dividends
will
(Hi L.) Green Co., Inc.—October Sales Off 8.4%—
Bales
$138,076
—i
162, p.
The
,
334,633
oper.—
revenue
ferred
presentation
3A-ton
revenues——
and
Net'
.
(4)
$554,742
367,679
transp.
transp.-
from
Houston
outstanding.-
for
1945—3 Mos.—1944
taxes
'Total
for
redemption on Jan. 1, next, at $110 per share
and dividends amounting to $1.50
per share.
Payment will be made
at the Old Colony Trust Co., Boston, Mass.
At the end of 1944 there
were
rev.
-Net
(Daniel) Green Co., Boston—To Retire Pfd, Stock—
have
-Net
as
2016.
taxes
Interest
1945—8 Mos.—1944
$505,755
—_
—
Deductions-
•
added
be
of cab
pick-upn
commercial vehicles is now
.
Ltd.—Earnings-
1945—Month—1944
expenses
Rev. other than
1,693,845
526:560
income
1640./
2,108,810
427,560
railway--
oper.
162,.p.
2,139,477
p.
Bell Telephone
profits
Other
trans¬
Net rev. .from
(,
railway—.-
Aug. 31—
from
,
portation
Operating
From Jan. 1—
Gross
rev.
32,876
41,336
income___
Gross
will
/
\
.
refund
Honolulu Rapid Transit Co.,
1942
six- or eight-cylinder
convertibles
Mr. Pratt declared.
models,
production
of. $840,151),,
Period End.
1943
demands
162,
income
^
Other
,
RR.—Earnings—
1945
and
^
Super
$
cess
in
passenger
meet
to
Operating
^Operating
profits,
excess
secured
,
coupes
permit,
Period End. Sept. 30—
1,316,710
tOn
1942.
in
1944 and $45,541 in
BALANCE
to
way.—V.
Illinois
,
above.
•
Includo
will
$3,410,095 in 1945, $3,050,599
$3,628,308
JIncludes
LIABILITIES—Accounts
-
conditions
as
available with
series—each
passenger
addition
In
2,106,736
1,975,065
$2.38
amortization of
stock.
common
Three
to
are
Commodore
\
being expanded,
now
3,000 dealers, he stated.
be offered in two style lines,—the
about
393,696
1,975,065
$3,232,918
they
as
$3,143,457
393,696
models
new
the
rapidly
accounts,
$1,890,765; deposits for returnable containers,
$1,258,389; preferred
dividend payable, $131,232; Federal taxes
(est.), $13,347,270; advances
and accounts payable
(per contra), $8,437,860;
reserve for insurance
(including $130,473 estimated liability on claims), $1,314,943; pension
reserves, $5,168,453; reserve for contingencies, $982,840; miscellaneous
reserves, $118,566; 6%/5%
cumulative preferred, par $100, $9,619,400;
common
stock
(1,355,668 shares no par), $16,945,850; capital surplus,
$4,112,456; earned surplus, $15,933,614;. treasury stock, at cost (8,706
shares
preferred
and. 38,958 shares
common),
Dr$l,577,475;
total,
$79,823,600.—V. 162, p. 2016. '
u
Name
—
13,751,090
622,694
30
organization,
distributors,
engines.
$79,823,600.
1945—10 Mos.—1944
$15,902,314 $135,140,664 $130,744,942
York
3,417,102
bonds, $3,419,504; accounts receivable (after
$7,644,412;
materials,
supplies
and
work in
•process, $7,142,193; finished products, $6,016,142; cash and reimbursable
items
(per contra),
$8,437,860; plants and property, at cost
(after-reserve for depreciation and amortization of
$37,732,401), $17,*
540,704;
other
assets,
$125,966;
deferred
charges, $254,724;
total,
1768.
(The)
1,699,994
1,726,556
6,895,101
$4,223,270
share-
com.
credits
reserve
Grant Co.—October Sales Declined 1.9%—
Sales
2016.
on
public exhibition late in
Sales Manager, told more than
previewed 1946 Hudsons in
go
General
Oct.
•.
130
The
and
234,375
Pratt,
on
company, sales
The
,
;
.
ASSETS—Cash, $5,962,156; U. S. Govt, securities, $23,279,939; U. S.
•tax
continue
•
1945—Month—1944
«
213,344
dealers
will
cars
new
H.
George
York.
New
/•
$21,168,718
950,000
20,080
.(Including.Subsidiaries
"
Per. End. Oct. 31—
$19,528,498
company's
Hudson
some
$3,527,948
stock
1944,
.500
21,137,318
31,400
173,947
-
18,175
stock
CONSOLIDATED
•
Byoir,
19,354,551
The
November,
under
pfd.
per
1942
•
12,421,269
20,621
$66,219 in 1945, $71,081 in
„
10
p.
.
'
1943
$91,940,775 $85,290,589
$4,096183
After depreciation and
Motter,
for
fl,709,604
*9,207,256
—
com.
on
shares of
Motter,
tax
prof, tax (net)
earnings
;tEarn.
in addition, plans to build a new tire plant in Topeka,
represent an outlay of nearly $12,000,000.—V. 162,
Vice-President of Carl Byoir & Associates, New York
public relations firm, has been elected Vice-President in charge of
public relations, advertising and sales promotion of the Kaiser-Frazer
Corp. and Graham-Paige Motors Corp.
-
V.
Net
Divs.
which will
B.
Mr.
income
exc.
Divs/on
Graham-Paige Motors Corp.-r-New Official—
,
.
England)
.
income—— $15,391,624 $12,503,497
contingencies■ 200,000
200,000
stock tax—
160,406
133,812
•Other-deductions—•
"
.
1170.
P.
and
1944
for
Federal
New Tire Plan to Be Built in Topeka, Kans.—
The company,
•
1945"
.
revs.
cap.
•Fed.
*
Kansas,
sales and oper
$80,602,345- $79,043,042
■?Profit from operations
15,186,865
12,285,872
Other income—1
204,759
217,625
.•
.
,
■
.9 Mos. End, Sept. 30—
Net
shipped to other plants
is expected to be three
be
production, capacity
per. year.
ih the hands of the public, at 5% .—V. 162,
Hudson Motor Car Co.—To Show Public New Cars—
'
"(Including Subsidiaries in Canada
coke will begin shortly, was also announced.
product which will be used in. the manufacture
packaging film, for wire insulation, fabric coatings,
for. processing.
"
'
and
flooring, wall coverings and
million
...
.Hercules Powder Co., Inc.—Earnings—.
new*plant's
transparent
"Outstanding
,
•
.
•.
vinyl plastics plant at Niagara Falls,
group of plastics made from acetylene
a
secured
obligations,
at. the office of the company, 26 Liberty
payment therefor will be made.—V. 162,
St. New York 5, N, Y., whera
p.. 2148.
2272
Illinois Power Co.—Stockholders'- Meeting Dec. 4—
Products
sold
The
poned
scheduled
has
company
stockholders'
several
times
annual
its
meeting normally
meeting
is held March 29
SEC
action
for
Dec.
4.
The
pending
management^
The
Commission
of
ruling,
in
courts
American
North
but
it
is
effort
an
to
upset
on. the
Go.
conjectural
to
proposes
whether
it
International
total
quarter,
659
at
net
represented
the
•shares.
increased
assets
of
end
The
by
$73,723,428
quarter,
value
"Net
INCOME STATEMENT
in
the
portfolio
Income
from
-dends
'
$475,195
$476,596
$438,693
76,088
85,232
54,323
$399,107
$391,363
471,631
476,331
$384}370
463,470
Cash
dividend
$421,798
520,513
:
♦
19421
1943.
Net
30, 1945
J
'
The
Operating,
1945—Month—1944
revenues....
Uncollect, oper.
938,250
.
'
$20,595
$1,866,887
214
200
* 1,845
$20,395
$1,865^042
three
-
.
6,926,876
22,032,196
8,602,262
2,585,548
a
quarters -of
3,210,691
3,328,410
-dividend
of
40
Cents
the .current
and
year
,
each
in
William
Dr.
T,
of
Of' London,
England,' has been' elected
to
Griffiths,
the
director
and
succeed
Mr.
Owen
a
$1,783,895
.affiliate.—V.
162,
986,
p.
!
■'
declared
that
he
in
stockholders
of -eastern
a: group
!
concern;'"
Gamble
-
had
the
l
been
.
.The purchase included several
Evans,
Involved
and
Cardiganshire, North-Wales,- from
1932 to the time of .his death on June 11, !last.
Dr. Griffiths is Chairman of- The Mond- Nickel Co.; Ltd., a British
$1,785,695
-
personally1 interested in
-Investors Syndicate from an
investment standpoint for some time,
and that -he had bought a majority of the common stock as a longrange Investment;
,
.
■
,
..
:
'"My interest in the syndicate and purchase of its stock are en¬
tirely personal affairs and are in no manner whatsoever related to
'my - association • with' Gamble Stores nor with any of my other in¬
terests," he said;'' ■
' ''
*
David
late
Washington,'representing
Investment
of Parliament' for
Member
-
Bert C, Gamble, President of Gamble Stores, ^ Inc., of •Kllnneapolis,
has acquired as a personal venture a majority of the common stock
of Investors Syndicate, it was announced Nov. 5 by Donald A. Loftus
»
the Canadian Foreign Exchange Control Board
disbursement; of .the current dividend in United
transfer agency.
Vice-President
Minneapolis—Gamble, Head oI
Chain, Acquires Majority of Stock—Deal Personal
Affair—
share
per
New Vice-President and Director Named—
Liberal
Investors' Syndicate,
Retail
that
the
assumed,
1
is
It
will
we
currency, payable/Dec. 31 to
similar, distribution ..was made in each
i
i
expect to offer the Pacific Power j& Light Co. a fair price, but
not cease our efforts to condemn properties for public utility
districts or to set; up competing co-operatives," Mr. Baker said.
15,00E»,048
4,791,847
in United, States
A
Incorporated in Oregon under its co-operative
"We
22,942,453
declared
be
in one man to negotiate for the Pacific
properties.
however, that Guy C. Myers-figures in the picture.-
666,984
:
Dec, :3.
preceding
1944.
authorized
London
1,800
$212,661
126,995
stock,
record
of
will
Baker, an official of the Pacific Co-Operative Supply Co,,
Walla Walla, Wash., is temporary
Chairman.
Without naming any
individual, Mr, Baker said the organization will centralize authority
!
22,225,462
6,306,744
2,571,715
Interstate
Charles
$2,028,320
829,756
382,402
(Wash, and Ore.)—Organized
agency
•laws.-
States currency in respect of certificates
issued by tne company's
Toronto, Montreal and New York transfer agencies, and at the equiva¬
lent in Sterling in respect.of certificates issued by the. cmopany's
1945—9 Mos.—1944
$213,875
revenue
267,654
688,144
■
Co,
has been formed at Pasco, Wash., to serve as a bar¬
for the purchase of all Pacific Power & Light Co. prop¬
erties in Washington and Oregon.
1
First stockholders meeting to elect officers and adopt laws will be
held at The Dalles, Ore,, Nov. 23.
The Dalles is to be the headquarters
1942
$2,567,840
252,382
Nov.; 5
on
common
the
has
.Telephone Corp.—Sept. Earnings-—
Period End. Sept. 30
contracts.—
1945—9 Mos.—1944
$4,016,537 $31,560,170 $29,956,606
company
gaining
',
It is announced
Oct. < 31,
Indiana Associated
directors
the
of
for
payable
This
1,039,546
$7.24
1943
$2,476,345
'
Income
quarter during
fee payable Oct. 1, 1945, $97,521; ac¬
repurchases of shares for the treasury,' $79,024;
1945,, $520,513; contingent provision for
Federal taxes on 1942
income, $87,982; provision for estimated Federal,
capital, stock tax. and Massachusetts excise tax, $10,563; accrued ex¬
penses, $11,514; capital, $78,016,659; total, $78,823,776.—V. 162, p. 1393.
payable
war1
1944
$2,175,272
557,362
railway..!—.
oper.
162, P. 1640.
holders
.
.
•LIABILITIES—Management
dividend
of
162, p. 2017,
Inc.—^October Sales—
1770.
p.
Interstate Electric
$7,525,208
r
International Nickel Co. of Canada, Ltd.—Usual Div.—
—-Cash, $4,699,425; investments, at market quotations, $73,'763,226; accounts receivable from sales of investment securities, $47,;719; accounts receivable from sales of capital shares, $147,103; divi¬
dends and
interest -receivable, $166,302; total, $78,823,776.
counts
from
ry.
—V.
on
BALANCE SHEET, SEPT.
■
$6.94
1945
"l-—
front railway™™'
Net
Net income
$7,573,983
1,091,443
renegotiation
voluntary
oper! income
ry.
Gross
$528,613
.
Interest when it sold its common
1945—Month—4944
$4,130,580
162,
and
divi-
interest™.
1,145,926
$6.79
for
Period End. Oct. 31-—
International Great Northern RR.—Earnings—
*
'
last, public utility
Sales
—V.
19,379,900
From Jan.
106,815
cash
and
$7,776,539
SeptemberGross from, railway™
Net from railway
i.—
were
1944
Total expenses
20,170,400
share
provision
162, p. 1393.
Net
QUARTER ENDED SEPT. 30
August of its
Subs.)—
(&
21,544,300
(net)
shares.!
capital
per
"After
V.
the beginning of
shares, to $78,016,-
1945
i
of
Earnings
"$29.91.
profits
Corp.
1945
1944
1943
$29,320,839 $27,744,383 $26,905,108
taxes-
profit
Number
outstanding
by 2,608,551 outstanding
share increased from $28.78 to
As
of Sept.' 30, the net unrealized
$26,020,270, equal to $9.97 per share.
Sept. 30—
income
before
Income & excess profits taxes
represented
per
Machines
Business
at
2,561,646
the
asset
net
from
last
Interstate Department Stores,
9 Months Ended
Profit
appeal the
appeal to
p. 2016.
will
162,
-Likewise, the SEC granted General Water's request for an order
declaring that it has ceased to be a holding company, having disposed
of Ault & Wiborg will be
the Murphy- brand name and
products.—V. 182, p. 986.
names
but
Earnings—
Incorporated Investors—Quarterly Report—
The
the
the
under
products,
stock holdings In the Rockland Gas Co,, Inc.—Y.
company's
SEC order.—V.
the
sold
formerly
Interchemieal
as
Monday, November 12, 1945
trade mark will be retained for consumer
but has been. post¬
request
to
prevent its parents, North American Co., North American Light
&
Power Co. and Illinois Traction Co., from
voting their stock in
the election of directors while
the question of intercompany claims
asserted by Illinois Power against its parents remains unsettled.
The SEC has ruled that the. intercompany-held stock
may not be
voted at the forthcoming meeting.
the
FINANCIAL CHRONICLE
THE COMMERCIAL &
-
-
large1 privately owned blocks of stock,
change in management, it was announced.
Capital stock of Investors Syndicate consists of about 115,000, com¬
mon shares and 175,000' non-voting
class-A-common shares.—V, 162,
p. 459,
■
.
""/■
■
no
.
,
.
_
^
-
Operating revenues..
Operating expenses
j. -'
Rent for
lease
of
108,035
:i, 134,956
999,495
50
50
450
450
50,360
56,598
399,966
435,046
'
oper.
Net
Net, income
—V.
u
,
.
receive
sinking fund
$36,256
■
$39,712
$329,670
25,657
200,319
for
Service
Corp.—Recapitalization Plan Filed—
all
and
the
settlement
a
notes
and
of
98 %
the
of
Maier
questions
pewer
with
the
among
respect
security
to
holders
The
of
Indiana
Service.
and
6Vo-
accrued
interest, totaled $4,359,664
738;000
purchase is
Electric
isues
the
of
new
preferred
account
Indiana
of
&
new
Midland
of the preferred
the
stock
common
between
are
The
to
be
issued
holder
as
the
account.
.
to
canceled
be
present
and
re¬
stock
common
of
to
pro rata
7/<>
the
preferred.
No
action
Indiana
the
to
the
6%
Service
a
plan
been
to
Commission
of
by Indiana
the
demand
is not
notes,
to
be
and
allo¬
holders
by
the
new
management
or
shareholders
the
maint,
1945
ment
or
$3,4l6t471
&
one
1944
1943
1,135,512
1,130,254
996,104
$1,181,931
$1,135,295
$1,079,282
504,875
504,875
504,875
79,821
30,051
72,220
$576,710
$550,599
$544,356
-
:
T.
Bal. avail,
162,
for
divs,.
1640.
p;
T.
^Dividends
Expenses
and
Sept! 30—
interest'
1945
*
Net operating income
Undistributed operating
■1944
$123,326
of
Imperial
Oil-Ltd.
of
Toronto.—
21,686
.
„
and
installed
$100,176
income...!:
$101;640
658,601
652,218
$108,112
get .under
subsidiaries.
installation
and
$752,394
,
$689,651
Net earnings per
As
of
stuck,
Sept.
valued
at
$694,204
1945
the
the
$0.22
bid
of
the" market
BALANCE SHEET,
share
per
SEPT. 30,
of
the
of
a
$417,148
$415,520
207,827
197,722
State
and
Fed.
taxes
40,700
51.678
retirements-
40,000
$76,942
Net
Net
"Federal
Telephone
has
i$424,900;
162,
.
.
.
.
,
Wiborg Division and Murphy Finishes
'Corp., another subsidiary, have been consolidated and will be con¬
tinued by the parent concerns's finishing division., it was.
announced
fey Joseph R. Esposito and Charles J.JRoh, respective heads of the
*
two
units.
Both
firms
paints and other finishes.
.
manufacture
.
•
—-
•
$359,640
64,080
$5.61
$276,493
67,503
$4.09
enamels,
,
p.
782.
•
Utilities
'*■
lacquers,
...
•>
■
•
-
tT
.
'
ones
its
a
i
each, of
its subsidiaries ;be exempted from provisions of' the Holding
Company Act,, but- dismissed- .without-prejudice .the -company's similar.
varnishes,
-
request with respect
to its Canadian
subsidiaries.
■■
-.
..
150.762
165,491
$319,360
$355,559
13,965
$25,215
.
1514.
will require 10,500 shares of the new
ail
preferred stock should be exchanged and all of the
should subscribe,
there would remain and be
registered
with the SEC.
The underwriters are Kobbe, Gearhart
Co., Inc:,
and Newburger & Hano.—V. 162, p. 2017.
If
of the old
common
:
stockholders
available to the underwriters 21,342 shares out of the 60.000
The
of
York
Co.—Authorized for Listing—^
stock
Stock' Exchange
<$1
for
listing
787,261
listing
par).,.
authorized
for
authorized
has
stock
common
637,261
includes
common
shares
and 150,000 shares reserved for conversion of the
cumulative
convertible preferred stock
(par. $501,
which is exchangeable at
the rate-of 2{/2 shares common for, each
.share preferred on or before Aug. 31, 1948, and at the rate of two
'for One thereafter.—V.' 162, p. 2017.
now
outstanding,
,company's r5%
Net sales
>
'
573,005
.
Corp.
——a—:-
expenses
a-
Wages and salaries to
employees
'Deprec., & depletion.™
Contingencies
.Taxes,
!
Net
earnings
Subs.)—Earnings.
.
9,041,208
-
•'
•
(&
1945—3 Mos.—1944
1945—9 Mos- -1944
$21,149,098 $26,303,198 $67,337,068 $76 062,460
other
materials,
costs- &
"
42.011
$1,094,056
558,906
11.874
Johns-Manville
contribute 4,255-shares of $3 cumula¬
Gas-& Electric
in a unanimous
43.584
$1,029,029
Shfll'6S>
Raw
corporation's proposal 'to
3,675
offering to Its common shareholders at $9.25 per
share the new preferred stock on the basis of one share for each
ten shares of common stock held on the record date.
If, all of this
stock should be subscribed and paid for, this would require 28,158
Approved by
Corp.—Changes
582,782
Is also
Company
|
outstanding. '
decision the SEC also approved General'Water's proposal to
call for tenders of "5?,437. shares of its" common • stock at a"
price equal to their>book value;
The remaining 165,185 common shards,
outstanding .are held by International.-"
V
•
!•
The Commission also authorized International's request that it and
In
issue
&
Ault
360,912
$1,052,045
$86,259
47,078
all of such stock is exchanged it
.
"
General Water recently redeemed all 63,702 shares of its cumulative
preferred held by the public at $52.50 a share, plus accrued dividends.
The shares to be contributed for cancellation by International are. the
only
Interchemieal Corp.—Merges Two Subsidiaries-^
the
profit
ruling of the SEC!
$1)
surplus, $3,576,123; undistributed. operating income',
treasury stock
(1,000 shares), Br$9,353; total, $4 681.321 —
p. 459.
•
■
"
of
1944
$637,405
$985,445
$21,984
(F. L.) Jacobs
1945
480,000
$82,584
600,826
Ironrite Ironer Co.—Exchange & Stock Offers—
Company is offering to the holders of its presently outstanding 8%
preferred stock
(par $10)
1.15 shares of new 55-cent cumulative
convertible preferred stock (par $8> for each of the old shares.
If
shares
-496,645
429,625
480.000
preferred stock,
America and-else-
$856,285
567.750
40,000
d
income—
—V, 162, p.
man¬
preferred stock of Its subsidiary, General Water,
Co., to the latter for cancellation was approved Nov. 2
capital
.Operations
162,
The
'
■v
net
disc
etc.,
,
:
outstanding...™™
preferred share—a,
—a.
tive
-$689;651;
rV.
'
'
after charges:...——
and excess profits taxes™-™'..:.
45,700
49,514
3,393
debt..
debt
of
and
exp.,
ductions
$5,004,530
2,460,077
$80,336
46,477
earnings
net
funded
on
Amort.
.
-■
income™
Total
Int.
earnings-
oper.
Other
^
,
,
.
added:
taxes
for
Prov.
$5,161,833
2,527,811
income
prof,
exc.
Other
way
SEC—
1945
par
oper.
and
further
1945—12 Mos.—1944
1945—Month—1944
earnings™
contract," John W. Morrison, Vice-presisaid, "the City of Rochester will acquire
modern telephone systems in the country." Rochester's
International
ASSETS—Securities in portfolio: insurance stocks at
cost, $3 981 158*
unrealized appreciation, $673,331; cash in banks and on hand
$26'832; total, $4,681,321.
Oifset by capital stoek (424,900 shares
$.85
possible.
as
Period Enci. Sept. 30—
capital
$.73
reasons
it is not *atways
companies ■ in exact alphabetical
are always as near alphabetical
and maint..
income
Estimated
$11,04..
was
334,902
$350,832
Southern Utilities Co. of Del.- -Earnings—
Iowa
$0.22
liquidating value
side
334.902
mechanical
arrange
Period End. Sept. 30—!
the
40 Weeks Ended Oct. 6—
—V.
to
exp.
Number of preferred shares
$693,626
$0.23
share.
30,
>'
(412,000' shs. of com. slock)
Oper.
•
Net profit
47,390
$685,735
However, they
position
The-New
28,658
—...i,
Recently FTR contracted
new. automatic, telephone
$769,674
20,897
45,140
preferred' "stocks
on
NOTE—For
possible
similar
Earned per
Balance
-
$760,241
20,008
42,735
.™„™
629,487
$637,896
.
$302,993
order.
Ky.
of
terms
announcement
-
Federal
'Total
;_™J
Portion of canceled treasury stock
Dividends paid
601,643
^
™™„j._'
'
accrued
,
,
Interstate BakeriesCorp.—Earnings—
.
$1,315,223
.
Gross
City and many important cities throughout South
throughout-the world"."*—V.-162, p. 2149,
661,563
$1,239,544
world by
throughout the
where
,
42,989
$1,273,313
41,910
Sub¬
—
equipment in many of the larger cities in Europe such
Brussels, Antwerp, Paris, Marseilles; Budapest, Prague, Copenhagen,
Oslo, Madrid, The Hague, Zurich, Bucharest, and, in several large
communities in Italy.
The equipment also is in operation in Mexico
21,748
47,068
—•,
$1,196,554
-.™™!..„_._._j.™.
Earnings per share
162, p. 2017.
Corp.
$129,860
20,810
580.281
710,330
—V.
Telegraph
&
as
•
-J
v.™_
operations™™™:
Balance
automatic
1943
$120,985
.
~
™
709,285
-
911,593
(net)™.™.,
income
Dividends
equipment for Puerto Rico and Brazil and now has
contracts for installing additions to the same system in Mexico and
Peru.
Today I. T- & T. has installed over 2,000,000 lines of Rotary
Insuranshares Certificates,
Inc.—Earnings—;'
9 Months Ended
'
*
important installation in this country
telephone exchange equipment of the Rotary
manufacturing
the
date.
$529,333
.
profits tax
earnings
Net
\
manufactured
Lexington,
for
ufactured
-
excess
670.326
excess profits taxes.™.:....
additional Federal income
earnings from
Net'
second
the
automatic
is
of the most
The
of
315,373
-
66,126
-
Interest charges and other deductions..
'
.—V.,
tax- and
•Other-income
,
958,044
and
lieu
2,775,647
-
Vice
a
immediately, upon completion of the new building.
Rochester
Telephone
serves
approximately
113,000 telephones in
the Rochester
(N. Y.)
exchange area and 27,000 more in the rich
agricultural area within a radius of fifty miles.
With 30 telephones
for
each
100 persons,
Rochester has one of the highest telephone
developments in the United States.
Federal
Telephone,
Colonel Sosthenes Behn,
President of Inter¬
national and Federal announced, is currently tooled up to manufacture
ao n single-shift basis
100,000 lines of automatic telephone equipment
annually.
The company's program, he added, calls for an increase
in this capacity up to 200,000 lines annually at the earliest possible
$1,106,428
504,875
100.345
made
<
Telephone
manufacture
the
will
995,768
1,164,834
was
high-speed
automatic call for the Installation of 55,000 lines.
Telephone, which serves a territory with a population of
400,000, will construct a new central office building of modern design.
The initial installation
of Federal Telephone and Radio equipment
$3,060,239
1,129,541
and
was
to
1942
$3,205,640
1,104,999
™__
1
.
Net
Rochester
apply
$3,435,641
.
B.. A. Myers were
system initially will consist pf 15,000 lines serving 23,000 tele¬
phone subscribers.
Ultimate plans In the conversion from manual,
retire¬
deductions
1936.
subsidiary
a
in
new
asked
depreciation,
Other
is
income
Charge
$6,411,299
-
■
depreciation
Federal
1
since, 1928
^^.OSO1
339,004
680,943
-
for
1944'
$6,834,509
Amortization of utility plant acquisition adjust.
-Taxes—other than Federal income taxes__™__
den of the Rochester concern,
of
All Fed. & local taxes__
Net Income
-Interest charges
&
T.
system
common
filing of the plan. Midland
plan, and upon approval to
enforce it.—V. 162, p. 2149,
' - '
;
End, Sept. 30—
&
"Under
the sale of the
the
approve
revenue
Oper,
Provision
Chairman of the board and Philo
formerly
1
•Maintenance
formerly were held by the late R. V.
Paul Lambright and
*
director .in
a
mark
will
T.
which
for
purchase price, 53% is to be paid
holders and 47% to the holders of the
provides for accounting adjustments.
also
taken
authorize
to
Federal court to
12 Mos.
an. amount
sinking fund,
-1945
.
'
,
>
..
:
revenue
type.
This
I.
Indianapolis Water Co.—Earnings—
Gross
to
the
Rochester
of I,
the
preferred
The
has
B,
in
162, p, 1284.
Telephone - Corp.' on Oct. • 29 contracted with the
Telephone & Radio Corp. domestic manufacturing subsidiary
of the In ternational Telephone & Telegraph Corp., for the manufac¬
ture and
installation
of a
new
automatic telephone system of )the
.
will
by
balance
The
Rotary
stock, but is to be sold to American Gas in accordance
amount
Of
Operating
■Operation
Federal
distributed as follows? $3,000,000 plus
which "accrued taxes—Federal income and
excess profits'* as of Dec.
31, 1944, are determined to be overstated
shall be retained by Midland as its
own separate property for its own
of
elected
Maier
135.
p.
type
The purchase price to be realized from
stock to American Gas is. to be
50%
series
now
interest,—V,
sidiary Signs New Contract—
.
agreement.
-
$100,654,
director
a
-
Mr.
International
Michigan
Gas.
stocks
stock.
common
been
1944.
company
V.. 162,
nothing.
The
with
the
subsidiary, of American
a
two
placed, by
cated
to be. for
was
time,
as
are
plan, Indiana will issue 200,000 shares of new common,
having a stated value of $20 per .share.
Both the notes
the
receive
common
the
par),
and
of.
understood
Co.,
Under
.
(no
shares
5
Both offices
same
has.
in
became
This
of July 31, 1945, to its parent,
outstanding,
Midland entered into an agreement with American Gas & Electric
Co. for the-purchase of all the new common stock of .Indiana for
$4,500,000,. with adjustments which might increase the price..
The
and
of
and
Co.—Earnings—
12 Mos. Ended Sept. 30—
.
Chief Engineer and later
'President of the Andian National Corp. which operates a pipe line
in Colombia.
Mr. Lambright has recently, been in South America for
the International Petroleum interests.
Mr,- Myers-, became associated
with International Petroleum. through' Tropical Oil Co., a subsidiary,
has outstanding 13,706 shares of 7%
and 16,622 shares
cumulative preferred
stocks
on
which
there
are
dividend
accumulations. .It also owes a 2,739,000 demand note( which, including
of
the
Bimel
Mr.
plan also will eliminate
equitable- distribution of voting
the
At
President
Indiana
■
X and
series
the-suni
elected Vice Presidents.
between Midland, holder
stock, and the holders
relative priority and partici¬
common
preferred stock with' respect to their
pation in the assets of Indiana Service.
President.
as
LeSueur.
controversy
the
"of
any
exhaust
'F: B. Bimel on Nov.
'
Utilities Co. has filed « recapitalization plan for its
Indiana Service Corp.,
with the SEC.
The
plan
has
objective the sale ,ofJ Midland's - entire interest In Indiana.
Midland
its
of
bonds,
mortgage
to
Wall St., New York, N. Y., will
sell first and, refunding 5%
16
offers- to
International Petroleum Co., Ltd.- -Changes in Personnel—
subsidiary,
:Service,
1945,
Bonds—
Iowa Public Service
.
219,534
■
162, p. 1769.
The
1,
prices not to exceed 102'/a
$348,904
22;415
Co., trustee,
Trust
Dec.
to
up
sufficient
at
;™_;
Indiana
-
:
income.:
oper.
The Bankers
>
T.
property .™r™_;
;Qperating taxes—.™.
International Paper Co.—Offers to Buy
:
'—•
.
12,204,907
27,645,017
32,839,111
9,463,694
481,092
80,000
1.044,237
9,732,753
28,577.235
1,469.891
467,797
500,000
700,000
$1,038,867
134,300
pfd. stk.
preferred.
—i—
Istoek >. -637,500
Earns, per com. share.,,
; $1.13^
—V. 162, p. 1641.
'
Dlvs. .on; new
Divs.
on
on
common
240,000
>2,407,588
$1,217,317
.
$3,897,481
679,140
$3,911,076
134.300
.
-
425,000
$E43,
700;Q0Q;»*
$4.49.
Kaiser-Frazer Corp.—New Vice-President—
Graham-Paige Motors Corii. .above'.—V.-162,.p.' 1641.-
See
465,336
5,247.444'
old
Divs,
500,633
43,750
1,27^.000
$4.55
Volume 162
Jones
&
Number 4437
Laughlin
Steel Corp.
Period End, Sept.. 30—
1
^Totai
depletion
of
amort,
war
$4,612,171
The
$25,638,566
corporation
and
bond
the
extent
Of
12,197,644
11,534,614
422,589
745,912
1,209,918
1-0991,000
and
4,009,320
247,988
2,238,000
...
profits taxes—
5,95.7,000.
'
this
The
Net
income
Earns,
')
per
"After
$1,343,295
share-
com.
deducting
reduction
of
tax
ings.—V. -162,
all
1514.
due
to
$2.04
„
Operations.
'
;
'
,-of
rate
{Credit—
annual
earn¬
•';
.
Kansas City Power & Light
12 Mos. Ended
■Gas
Sept. 30—'
/
and
;
.
latter
The
^
\
1945
:
.
—L-l—-_t- * 2,264,915
Federal-2,152,339
-1—■ -H
—
Taxes—State, 'local
,
State
.
2,209,3^3
indome
Operating
Gross
and
misc.
excess
income"
Net
$4,705,982
: 13,885
$4,713,300
$4,692,097
.,-1,645,360
1,654,705
(net)—
deductions—
--——2"
i'
$3,067)939
/L-:
'.''7-3'-/'
,
examiner
has
for
the
that
authority' to
.series
A, and $6,000,000
of,the refinancing.
cost
^received, that
the
market
The
Interstate
recommended
would
was
of
;
his
W.V
•
notes
the
on
fact
that.payable,
over
of
no showing had been
contemplated in the near
were
for
made
that
(
1945
,
—
Depreciation
Prov.
for
Fed.
*
Net
per
common
NOTE—The
Kayser
per
including
of
the
corporation
provisions
for
the
contingencies,
the
fiiist
were
entire
000)
months
of
;,
58
cents
were
cancelled
accompanying
47
cents
foacklog of the company
proximately $700,000 on
in
the
from
munitions
Kellett
for
stated
$14,500,000
Oct,
that
the
10.
prior
V-J
to
Day
to
at
expanded
an
new
SUMMARY
'
')
'•
V
f
of
:
June 30,'45
before
and
Provision
Federal
provisions
for
and
FJet
income
.Net
income
.j
The
970,236
72,748
176,656
:
-
per
income
share—
(
detail follows:
-
■
for
the
six
months
-
1944
sales,
^(5,837;
of
jiet
met
income
cost
of
taxes,
goods
credit,
$176,657;
earned
t
earned
surplus
on
hand
of
the
SHEET,
arid
on
June
$0.34
30,
1945
income
profits
taxes,
at
beginning of
period, $428,357.
JUNE
30,
j
LIABILITIES—rNotes
V,
$500,000;
payable
banks
under
Federal
*
taxes,)
,
")
.
'
C
;
recfeiv-".
bonds, $102,-
Reserve
$50
per
.
range
of
the
some
Regula-"'
to
instances-a
plus
5s
f
V.
a
A
corporation as trustee has ■ announced a semi-annual distribu¬
totaling' 75 cents a shire on the Keystone" income common stcw*-series "S2," payable Nov. 15, 1945, to shareholders of record,at
special distribution
'disbursement
162,
p.
of
40
out
of
cents
Of this payment, 34 cents
realized profits.
a
share
1641.
was
170
made
on-May-15,
a
*
(par
per
was
also
this
-a
with
to
users
as
30;
and
in
;
the
'
-
Na¬
to
made
.
reoulrements
war
time
feet
in
a
were
controlling
elevation.
stratosphere
of
a
minus
will
be
are
to
an
•-
of
record
outstanding
cumulative
cont
share
per
Payment will be made
Rapids, Iowa, redemption '
—"
"
stock
outstanding
the
on
convertible
stock
be
may
basis of
on
1.6
before
or
•
converted
.
into-
shares of icommori
the-'Close
of
•'
1
sales
to
excavator and
of the
bulk
the
«
These
areas,
of
pre-war
war
the
This
fiscal
is
the
this
achieved
point
-in
six
1940.
,
equipment
such^as the tankfor medium bombers,
hydraulic landing gear
consisted-of
earthmoving
and
ended
year
highest
company-and
volume
company's production
scrapers
and
other
essential
its
standard
equipment
civilian
and
users.
on
as
payment of
stock,'
standing
'
,
To
i,
dividends
total
a
stock.
same
at
of
$36,994
remained
This"
is'equivalent
last
year—based
as
the
totalling
$362,104
close
of
the
fiscal
to
the
on
to
last\year.>
convertible
apply
earnings of $2.55 per
the
on
number
1945.
year
of
common
shares
out¬
:
.
.
pre¬
earhings-on
as
?
,
increase .the
productive capacity of the
plant $89,864 was In¬
in fixed assets
during the year, bringing the total
plant- in-'
vestment up to
$1,636,301 at June 30, 1945.
Of the total fixed
assets,
have been
acquired under Certificates of
Necessity, -which
permit a write-off of
20%. per year.
Amortization on these ^aaset.i
amounted to
$163,946, while normal depreciation on the balance •
of
the company's facilities was
$51,481, making a total charge to opera¬
tions of $215,428 for
the year:
The unamortized balance of
the;assets
on
vested
$825,458
Certificates
£
.
~
Since
the
trwicfe
the
ment
in
1940.
fixed
still
are
time
to
year
of
which
the company's net invest¬
$752,427—the lowest point. since
position
net
bver
machine
new
the
has
the
been
contingent
receivables
equip-,
some
out
its
of
the
the
due
and
and
round
to
at
was
alsd
was
covet" 'thfe'
taxes.
maintained,' despite
which
amounted
INCOME .ACCOUNT
Year-*-
to
FOR
In
close
from
achieved
full
YEARS
at
the
in
the
{1944
ID
of
S.-
inventories,
The
nptes-
liability for^"the;
a
strong^ cash
of
$l,000,00(f;
close
ENDED
$14,746,431 $12,432,364
sales,
tax
addition,
reduction
a
$750,000
1945
sales
than
more
tools
agencies
company
$780,000
reduction
is adequate to
which
payable,
of
of
government
by
are
for
except
Net
worth
brought
which
was
immediately usable for civilian production.
Increased its holdings of United
States Government tax
$l,014,318
Cost
to
from
acquired
facilities.
favorable
depreciation
facilities,
reduced
rented
of
:
and
new
$300,000
collections
A
$246,280.
for
be
production
$1,198,071
company
tO
will
was
amortization
was
being
Government.
most
Necessity
spent
assets
equipment
Improved
;r.
of
write-off of
amount
Approximately
ment
of
JUNE
the
in
year.
30
{1943
1942
$7,596,208
$5,237,914
4,669,048
operating
""
expenses,* etc'.
Deprec. and amortiz
12,879,198
6,440.436
201,926
200,656
127,053
$1,651,806
earhed,
10.666,776
215,428
Balance
Int.
$1,569,661
$955,116
$441,813
fete. -(Cr)„_
12,448
4,241
4,571
40,156
.
43,896
25,302
7,859
$1,530,006
$934,385
$436,066
'
Interest
•»
paid
(Br)
3fU2.
Profit before taxes bn
income
oh
$1,624,037
.
Deduct provisions
ijaxes
for:
'
"
'
income—:
"
.'675,000'
Contingencies
In
Divs.
F.
Divs.
machines
were
and':
'simu-'
worked-out,
which
lend
to
'
800,000
350,000
products
essential
manufacturers
to
in
the
440,411
175,000
325,000
186,000
industry;
and.
on
$405,006
$318,974
36,994
112,872
44.450
44.500
44,500
105,696
84,480
84,480
?$2.55
141,120.
'"***
common,
■>$2.55
$250;0&6i
t$1.95
shares.,, .{Based
-under " balance
Sheet
1
'
t$l-46
140,800- comrpon
on
beloiv.
SBased
shares.
on
142,024
..
'■
•
BALANCE
SHEET
'AS
OF> JUNE
ASSETS—
U.
S.
;—
tax
fixed
notes
—
assets—
—*
—
(net)
Miscellaneous assets'
Total
30
1945
C.ash
Receivables
Out¬
especially
$399,097
stock
stock
sharfe -of
{See
common
tNet
plates
surplus.
pfd.
stock
fBased
Inventories
systems.
refrigeration
per
shares.
to
from'
be
manufactured" Will be
part of many refrigeration
to
on
common
com¬
themselves
'industrial .cabinets^
on
common
production;
applicable
profit
paid
Earnings
known
special
and"highly-technical"
themselves to mass
do not. lend
humber nf innovations
been
Net
and
humidity
and
•.
year
■
fof
production
certain
by# the military
fiscal
Choate, President, stated in;
.--i:
$14,746,431.
largest
Included
for
report
products
wartime
the
bulldozers,
Share—the
degrees
90
production of commercial units, and' it is^ this branch
irt whichT
proposes to. principally,engage.
To P'TPA"0Tor this
ft»ld.
has sold its war
inventory-; and is .releasing itself
POSTWAR-—The
and
1945.
than
required
ferred
■
company
liners, which
lets
issued
as
amounted
the
the common
in
country
same
50,000
development
sharre-.,
1945,
in
1932,
adapted to individual specifica¬
temperatures, from"
encountered
on
"
much
thfe
developments
commitments
the
($i
LaPlant-Choate
Although* profits
notes
21,
the company
future
$26,342
10,240
the" year's operations before
taxes on? income
exceeded last year's
profit after renegotiation
by $94,000,
the net
profit,after providing for all taxes
was
about the same
\
'■
-
Nov.
'degrees- F.
at
mercial, production, have
mass,
$12,341:
11,314
6,290
of
they naturally
their
26,983
$11,630
corporation
4,
of
greater
parts
receivable;
was
"Stratosphere 'Charp.bers."
war
—""5,696
3,756
-
'"
'
.
-Registrar:
customers need."
4,38i
"""11,226
dividend) of record on the stock transfer
of the close of business on Nov.
1, 1945;
redemption on Dec. 4, 1945, at $21.50
share
Dec,
sales
After
.share.
Michigan,
of
stock
of the
each
on
of
year
in
stock
great
line
capital
-
81,340
8.894
...
the
June
(stated
Co., Detroit,: Mich.
Mich.
3,477
-
'
'
$202,612;
$1),
: 2,908
••
$1)131,501; total, $8,333,436.—V: 162,
organized
of
range- of
equivalent
lated- conditions
'
last.-—
was
degrees-F.;
,
1945.
stock
9,781'
share-of. convertible
Net-
•^
*
stock
Trust
of standard sizes, but
pressures
This
close of business Oct. 31,
common
manufacturer of..various,types of
nature;
the
$62,850;
-'$78,636
12,239
company's annual
ended June 30,
1945, Roy E.
part ^s follows;
debentures of 1942, due Jan.
preferred
$44,446
$41,508
Cedar
for
In
income,. less
(cost"$691,000) ap¬
Series" C
„l;^765
j,
value
*
equipment, and particu¬
aircraft...instruments. " The equipment devel¬
oped' prodtlceff{temperatures as low—as
minus 150
but
tion
share),
larly the manufacture
total
Keystone Custodian Funds, Inc.—Special Distribution
iund
serial
$71,871
6,223
.
12,334
,
v-
«s.Each
and
Manufacturing; Co.—Stock Offered—Offer¬
ing of 150,000 shares of common stock
was made Nov. 8
by a banking group composed of
Smith, Hague & Co.,
White, Noble & Co., and F. H. Roller &
Co., Inc. The
stock was
These
,
notes.
3%%
-362:,042
18^,758
$38,222
3,421
and. dividends
amounting to 14 cents per share.
The Merchants
National Bank of
$356,427
1945
accounts-
-
-
6,963
corporation,
called .for
mine
Into war, the
company was
lower- temperatures
than it had"
previously undertaken to produce and had' built
industrial sub-zero
cabinets with a temperature
range-to minus 45 degrees
;F.
with the
war, came the need for much .greater
temperature range;'arid
oUt-its duration the
throughcompany was engaged in
meeting the
payable, $688,219; advanOe payments-6n
contract—United States Government,
$60,000; accrued accounts, $1,257,816; reserve for contingencies, $327,242; capital stock
(par $1),
$428,098; paid-in surplus, $205,066; earned
surplus, $428,357; total,?.
.
securities—tax
Just, prior "to' the"entry
engaged in experimenting
accounts
accounts
1^3,894,797.—-V. 162, p. 1891. '
Government
thereagainst, $288,410;
242,485
"
$38,086 v
:
1942
$621,670
8t4,207
224,480
at
goodwill,
tions; and frequently built exactly to
period,
1945
$217,661;
S.
shares
the
bfeen.
this
a
$36,000;'
the
$1,278,782; inventories, $1,938,229; postwar refund
234;
miscellaneous assets,-$10,707; fixed
assets, net, $225,106;
■deferred charges, $122,079; total,•>
$3,894,797.
i
.
administrative and„
$970,236; provi-,;
income
charges rrei,;
excess
the
dozer,
contingencies.
$701,982;
1943
$1,094,914
$22,093
these
manufacturing, preservation of ice cream and
ice cream
prbducts'; and was subsequently
expanded to. supply
refrigeration for
mobile equipment,
including ice cream trucks, meat
trucks, and equip¬
ment "for distribution
of. dairy products..
The
product
and
sible,
iion
hand,
"
997,271
$125,639
'
_i
preferred
While
of
in
,
of
$398,42j.
surrender
at
-Years Ended Sept: 30-
32,129
__i
agent.-'-
19,620,
Company started in "business for the
purpose
of
manufacturing re-'
frigeration plates; designed to maintain
low temperatures
after dis¬
connection from a
refrigeration system.
The
original application was
in the field
143;908
$0.23
Federal
deposit,
cash
CONSOLIDATED BALANCE SHEET AS
OF JUNE 30,
ASSETS—Cash in banks and on
COMPANY;—Company
operations,
Pennsylvania
surplus
at.end
BALANCE
ASSETS:—Cash
'.
sold
from
$41,000;
$638,000;
postwar
income,
officer "(deceased) over
.{Appropriated to reserve for general
stock
EARNINGS
for
of
has
($860,-.
on.
common
*'
.
(net)——
i
vertible
the
Detroit,
100,053
miscellaneous
Federal
$251,700;
life .insurance
424
at
company,
the
923,113
amortiz
records
500,000
$237,883..
Plant located"
LaPlant-Choate
"42,000
$254,667
..
& Co.,
1944
profit
stock
4450,000--
...
Carter,
directors.
$1,259,837
Fed;
incomeJ_
?
tgxes-on
All
32,752
$237,883
,.
Mfg. Co., Inc—-Calls Convertible
Pre¬
ferred Stock—Annual
Statement:—^
111.244
'
j"'
surplus, $81,575; earned
surplus,
p. 2017...;>-v
806,952
54,500
ended
v
deducts,
reached
$704,667-
-
*
outstanding 249,5Q5
;•
$93,510
times
—4— ^
Transfer Agent: Equitable
tional Bank of Detroit,
; '
.
$7,273,583;
expenses,
$6,303,340; profit
for
contingencies,
$72,742;
4 '
f450,000
—
priced to the public at $2
•
-
.
(Net
general
^iion
t
be
of
11 Mos. End,
•
,
..
net'; profit
business
322,000
'
<--
15,
'
110,814
463,000
•
will
$1,231,549
&')admin.
3
-Net
,;
1943
„
..22^1
Outstanding
'•'99,505,sh:;.
250,000 shs.
Aug. 31,'45
Other -charges
.-\-
31,453
CrglO,.
.
105.880
-
,
Authorized
there
OF
'3-:
_1—
-Interest-paid
Deprec,: and
-
15,165
*
income taxes- (est.)._•
of
ineome
V
Hold-Hold
.
Cal. Year
-
150,000 shares
salfes-.(Excl, of
depreciation)—.
Total
peace
.^4
500,268
""
"
):
with- :
;
;
$0.41
—-
statement
yj?-
(net)__"
•
214,926
Other
$11,905,535 $12,267,193
.12,699,933
11,204,195 ,1^,205,J.50
amortization——.
'
■'
••
Govern¬
1944
'
financing
names
r
a
$5,572,615 $11,839,807
state
for contings.
contingencies^——_i,
at
potential
as
June 30,'44
$7,273,582
—i.
2->rt
*
expsv
'Net
...^
1945
'
*
Gross profit_j-
0',
!,*•
$40_,000;.,managers' security deposits-and
employees' war bond
payments-(contra), $32,303; 3Vi% serial debentures of
1942.
reserves
for'contingencies, $717,000; $5 prior preferred stock $90,000p
(stated
at $50 per
share), $3,271,050; $8 cumulative
companies
STATEMENT
,
taxes
•
those
naturally look to
"Sue-
pending,
-—6 Months Ended——
'
——
Earnings
programs
QF INCOME
S.
/
.
J
subcontracting
encouraging,
of these have not yet progressed
sufficiently
afford suitable opportunities for our sales
plans."
to
'
Bales
ap¬
com-
Many
;
•
but
of
i-
'V
Subs.)—Earnings—
1946,
con-
rate.
stockholders states.
cess In
thijs program haS been limited
Further development, of the reconversion
arid segments of industry which we must
-customers.
tl.
.
..
company's helicopter development
Forces had not been terminated and
"A very aggressive effort is
being made to obtain
business in volume," Mr. Kellett's letter to
xeconversion
expenses
income
on
plied
the
'
the
Army Air
helicopter developments would proceed
Jnercail
U.
company
Sept..
of
as
thj/ officers and directors are) as
'Pruhtgr, President; general manager and
director;
Secretary-Treasurer and director; John J.
v; i
sales
sell,, gen.
LIABILITIES—Notes
payable—bank.Sj $400,000; accounts payable—
trade, $1,505,712; accrued wages, taxe's"
(other .than Eederal taxes on
income), fete,, $510,423;.. provision for Federal
taxes "on
surrender
reducing
program,
.
Mr.
iracts
$2,740,872;
$3; total, $8,333;436. 'L
per-
immediately following the Japanese
cutbacks
Net
;V*
per
or
.
iind
>
■':
mfg.
! ■'.
-
2
inventories, $5,682,750; prepaid
expenses, $208,334;) special
deposits-—managers', 'security deposits ;and
.employees'
war
bond
paymerits"(contra),'$32,303; fixed assets (alter reserve for
depreciation,*
$1,429,332), $1,253,Q14; jasts,
patterns,, dies, trademarks and
1945,
or
of
1944,
of
);«.
(Cost
$0.29 0
.
1945
...r'
(&
'v
Charges
and '
•
■
i$350,00Q)i
,
Report—;
six
;
7,286
Appropriation, for' post-war
replacements of TastS,' patterns
dies.- tCredit
representing excess of principal amount receivable
President, reports to stockholders;
;
The report declares that
virtually all the company's, non-experimental
Contracts
V,
*
$0.61
$249,398,
year
V,
30;
the
occur,
to
IO&.160
SEPT.
but
will
company
§1.66% per share.
PURPOSE—Net proceeds
(approximately $245,000) are to be devoted.
the following
purposes: (1) to
apply on machinery and equipment
purchases, $100,003; (2) to additional
working capital, $145,000.
V
."
SUMMARY
-
•
$307,858
hand,
Balance, surplus i_L_.
$225,609
$0.55
on
.'
Detroit; White, Noble & Co:,
Rapids, "and F, K. Holler &
Co., Inc., New York, the principal
underwriters, have severally agreed to
purchase
from
the
one-third
$3, 220,905
•,
time,
this
the
_T
of thiS
•
.
Reynolds,
H,
'
UNDERWRITERS—Smith, Hague
"Grand
351,225
" .'
Cf
L. Dunham,
Eugene F. Olsen,
N. Grand
Ave.," Lansing 4. itaich.
;
.116,925
$319,908
"V.
.
•
-
James ,R.
v't';
,c ? 105,00ft
..t:;$0.2S?';.,'t •. SO.20
that'
•
rapidly
par)—.
Walter
into
,689,056
22,114
under renegotiation,
$455,050;
for
•/-
Carl
a
:$2,305,708 .$3,175,671
$3,228,191
t*2,046,;i2: >0^85"5^63 ; *2,920,33?
(est,)_i
(Si
follows;
1943
$3,153,557'
before
how
.
1944
15,964
BALANCE? SHEET,
Appropriated
162;
against $198,400 for
W. Wallace Kellett,
thare,
Net
fl
figures db not include the earnings of Julius
Pty. Ltd., or KaySer-Bondor, Ltd., of
England.—V.
Kellett Aircraft Corp.—Semi-Annual
share,
Credit
*V
Earnings
converted
estimate
;l\iANAGEMENT-^-The
;
and
with' borrowings
be
•
$2,289,744
..
deposits and.
arid'operating
Interest charges
73,031
$206,300
income taxes
1945
7—1—$13,538,645
Cost of "sales
139,400
$0.38
.'-a..:
6 Months Ended June
30—.
169,181
94,500
;
—
."commoi^'-share.X^i^r-.
Net 'sales
.
share——
exps.—
674.-:.
P,
above
(Aust.)
1891.
p.
204,025
45,000
$142,578
gen.
•
417:
59,215
cos.—
income
Earnings
3
154,877
Dominion taxes,
surtax, & total Can. tax
normal &
Excess profits tax—U. S. A.
15,
to
First
lot
.
be~reached
to
AUpori completion
-
Common
V
53,975
&
■
then
provides
$9,588,169 $11,386,688
6,957,775
7;882,933
340,650
" 350,197
profit plus othei' income—J
•"■Prov. for Fed.
1943
•-
and
-
•
(G. R.). Kinney Co., Inc.
$607,638
"
■
Dfec.
1947,
sold——
profit
Depreciation
$564,043
$396,430
—
1,
Sept. 30—
ASSETS—Demand
.V. .162,
-;r
1944
■
■
Milwaukee.-:-It
the
r
plates and liners for
period of months may be
required before, trio
projected production schedules.
A profitable rate
•
Common stock
Lh,e
York
use
,
,
on-Dec.
—2—'
Miscellaneous
.
into with
cream
that-a
its
shbuld
unable
^shares.
entered
consumeriuso,
equipment)
store
1
:and
(Julius) Kayser & Co. (& Subs.)—
Earnings-
Interest
Mutual
estimated
prouuet.ion
and
and
continuing of its Service
manufacturers, and' to the-^ri-
511945; Is as-foilows:'-
mature.
~
available
Deo.
of
commercial
reitigeration products who
purposes.
CAPITALIZATION—Capitalization
LIABILITIES—Trade creditors"
infilOding". amounts"'' due Iq" JTli "S. Goverhment, $1,924,544; iinpaid salaries,
wages, .conimis.sipnsr excise tax,'
royalties, $102,429; accrued taxes and
insurance, $1.18,578; Federal
.-taxes -on Income—estimated
provision, $1,525,944; reserve for war pro¬
duction •' contingencies, ,$200;000:"
capital stockJ ( pari $1),"
$1,050,000;
.capital surplus, $737,801; earned
surplus, $661,690; total. §6,320,987.—
improve-
future
'
1
Northwestern
is
01
of
yis presently
bonds, $1,198,017;
accounts
receivable—trade (net),
$479,706;
inventories,
3985,896;
other
assets,
$163,738;
property,, plant,
and
(net), $573,365; patents—at cost" I net
$159,033; deferred
charges, $20,360; total, $6,320,987. ;
1
the
■■
•
bondsc will
packers, uaiiy. and ice
uisuibutors
company-attains
.
.equipment
•
Quarter Ended Sept. 30
Income from operations
be
to
to
CONSOLIDATED
outi-
(bonds when available at
favorable prices," "or to investment in
Govern¬
securities of appropriate maturities.''
The road proposed to redeem
$26,950,000 of first mortgage 3% bonds
<t3ue April 1,
1950; to use $3,000,000 of the proceeds to reimburse
it
Tor the
redemption of first mortgage bonds of the Kansas
City &
Grandview Ry., due Dec,
I, 1950; to redeem $6,944,000 first
mortgage
*5%'k bonds, series A, of
Texgrkana & Fort Smith Ry. Co., due
Aug. 1,
1950; $1,114,000 secured serial
3,7c- notes of the Kansas City Southern
land $7,700,000 of
2Va 'h
promissory notes of the company.—V, 162.
p. 1890.
■/:
'
.
of
"
ment
.
.
'the
*
Bank,
$1,000,000
^Includes possible refund
-
ment
..
•'
income v-———— 2—
•
while
states
major
any
credit
l'/a '/»
admin,
Oper,
-v
requiring financing. Any
for the sinking ..fund could be
applied ..to the sinking
outstanding notes and to the acquisition of outstanding
ihe
*
$2,500,000
to
-
available
Fund
*
;
develop products for
deep-freeze, .cold lockers, restaurant
coolers, soft-drink, coolers, as well as
multitude
It
pro-.
■
.
the. Chase National Bank of New
dis¬
the
2'M,
desirable,
examiner, but
of
at
Earnings
,
infents
-
Net profit to
surplus-——2-—' $259,596
[Common: dividends
105,000.
the
that
on
securities,' not
Funds
expansion
.
a
the
will
•
because
as only one bid had been
"upon considering the .plan
favorable for refunding at this time."
also
Chicago,
maturing
.Pi'oV, for Fed.
that;
recommendation
of
line
Operating
r
P.
application: of
mortgage bonds,
callable, and bearing interest at
would have called for 47c."
- *
'
objectives of the refunding program were
The
Milwaukee.
sales
Other
an
bonds
new
company's
.retire
and
Kingston Products Corp. (& Subs.)—Earnings
Net
„
indicate that
years',
•
the
date
sold'
P'
count, premium on the bonds to be
redeemed, duplicate interest and
Incidental expenses would amount to
$3,200,000 and that the refunding
tat this time would
require an. increase in interest charges of about
5326,000' a year, for the next 4%
istanding
which
been
Wisconsin "National
;Cost, of goods
Opposes
Commissioner
first
Bank
notes
.Selling,
<
•
deny
of
promissory
observed
to
especially
based
Commerce
Commission
$40,000,000
unsecured
He
seem
not
examiner
the
issue
,
have
of
9 Months Ended
$3,037,392
Kansas City Southern Ry.— ICC Examiner
Finance Plan—"
An
the
to
amount
•
interest
bear
I
?
company, for
in
be .used
p). 1891.
•
162, p. 1284.
Starr,'
used
will
principal
milk
to meat
The securities being retired arfe
$2,000,000 series 1940 first
mortgage
•3,/2% 'bonds, -and $3,OOO,000 Series 1942 of
3'/8 % bonds, which have
been..called .for payment, on Dec.
15, and $5,000,000 ox 3V*'k
.serial
-'notes secured by bonds
bearing the same interest rate—V.
162,,
87,614
3,810,36,4
$4,698,689
14,611
income
—V.
like
who
as
farm
to
ous
$10,000,000
of
agreement
financing
"
■
those
such
loan
arranges
1;- 1948,-and $500,000 each
six months thereafter to
Dec. 1,
1957, which collateral notes, will be
;secured by the.2%- -first
mortgage bonds,- ■"
2,120,137
"
4,380,685
income————
Total
Co.
First
.serial
1
profits—-——
income-—1.
Other-income—
and
income—38,693
Federal
combined
for
on
bonds
$10,000,000
„to
7,526,429
1,036.370
,
V
the
J
,
2-1—
7,886,948
~~~~—1,104,237
-----i.-—
indicated,
be
a
company
''
securities
will
SEC
the
company's loan agreement has been
National
1944
•
;
the
v
Co.—Earnings—
—
r&venueS-L_a—$23,573,761 $22,305,827
electricity purchased for resale__—._
1,047,250
809,585
Maintenance
Depreciation
is
15,
The
operating
Operation
it
.calls
program
Insurance
.Total
with
22 73
to
%
-Kimberly-Clark
to
issue $20,000,000 ' first
mortgage bonds,
of which $10,000,000
will -be
2'?!i*
bonds'"maturing
$1,000,000 on Dec. 15, 1948 and $500,000. on each
six,months thereafter to and including Dec. 15, 195.7
The remaining
$10,000,000-will
be 21/H'/r" bonds' maturing $500,000 each
..six months, from June '■
15,
1958 to June
1965,
$5,478,034
$2.17
decreasing
*
'
.
$5,714,308
.
$0.72
,
incident' to
.expenses
provisions
p.
; $1,899,847
$0.38
totai,
presently outstanding
remaining $10,000,000
; gram.
'.*••.
7,416,000
.
filed
plan whereby
$20,000,000.
of
'
_
excess
*'
has
issuance
emer-
chgs.L.
inc.
Kimberly-Clark Corp.—Registers with SEC—
1945—9 Mos.—1941
$8,559,756 $24,614,864
4,011,888
int.
federal
Subs.)—Earnings—
and
faCilitieS
Deduct
(&
1945—3 Mos.—1944
eafning.s„i,_'___
Peprec.,
THE COMMERCIAL &
FINANCIAL CHRONICLE
1*—r—-—
1944
$1,319,951
1.014,318
1,198,072
$1,500,539
802,968
1",83.7,6)8
1.876,205
2)213,195
752,427
867,083
56,119
^f;9,106
$6,217,032
$7,200,508
.
.
LIABILITIES
.
.
.
.
-
?gi
Reserve
for
income
contingencies
taxes
for
on
5*!?'2nn
—
.tocMPar »3>-~-
Common
Co., trustee, 1420
agency, The Chase National
Tdfi'nnn
Bondholders
$6,217,092 $7,200,508
•Figures in both profit and loss statement and balance sheet for
1944 have been adjusted to give effect to renegotiation for that year.
tAfter reserves for depreciation and amortization of $679,355 in 1944
Total
—'
—.
profit
Shares outstanding
Earnings per share
Superior District Power
general funds of the company as
applied to the redemption,- at 105, of
bonds, series A, 3l/2£/r, due Oct. 1, 1966.
the
July 31, '45
in
$2,783,414
$2,744,944
$2,695,936
$2,652,279
1,008,157
110,567
926,275
125,683
905,665
108,906
314,556
■.
Tntoi
109,662
■—
-
SSSS^/2/3.
3i5;532
315,916
318,209
raSm°ether tha"
302,462
305,586
312.658
325,771
211,300
208,100
206,123
206,123
Ppdtral income"
Federal
Net
(netl_:—
deductions
other
43,228
$652,936
258,756
$658,962
226,196
CAPITALIZATION
.
•
„
Authorized
Outstdg.
$10,000,000
,
contained
indenture.
by the orders
the
in
required
1
.
Jackson
of
is
and
Co.
Land
Haas
have
director
a
of
of
of
partner
a
See
Wisconsin
in
April
1917,
25,
share
per
1945
Nov.
on
declared
2
quarter
the
for
of
stockholders
to
(
properties,
company
territory
and
since
has,
which,
and
Corp.
had
instances,
many
had
The
had
Commission
of
$5,600,000
writers;
the
agreed
has
and
-and
principal
company
over
31,
Dec.
1.—V.
Col.
<fc
purchase
to
Republic Co. (Inc.)
Pierce, Fenner
Central
Lynch,
White, Weld & Co.—
Wisconsin Co—
The
the
under
of
of
162,
&
as
$55,551
J,
that
wells
2017>ffi
Willard
will
be
&
the
Sales
158,
April 25,
100
p.
1948,
F.
from
of. the
Chairman
granted
Com¬
''
1172.
p.
r-
1944
1945
1943
-
.
:' /«'
'■
A
1942
$1,818,953
$1,610,535
534,651
778,989
564,419
174,068
$1,569,705
674,157
,
181,339
267,559
15,378,304
15,294,954
6,956,618
6,216,040
6,068,884
4,487,503
2,027,439
1,727,696
1,662,904
1,717,933
105,867
14,706,451'
10,918,266
(Ky.)—Weekly Output—
3,
1945,
for the
162, p. 2150.
Cleveland, O.—New Interests
of
President
'
Yost,
A.
personnel
Lucas
the
announced
concern,
"
.
Co.
Machine Tool
Lucas
at
financial
the
for
.
.
-
.
contemplated,
are
Vice-Presidents John
said.
group
spokes¬
Lcighton,
a
A.
Benson, Jr., and H.
\
milling operations.
said
Yost
that
today
the
since
end
March
the
on
the
of
in
war
.
of orders and inquiries re¬
excellent volume of peacetime
basis
an
war,
...
,
received the Army-Navy "E"'kward
1943, the company
20,
excellence
production.
..
■
.
.
Retirement
$8,175,603
/
$310,437
.
,
180,656
208,363
———
17,025
16,715
——————*
—J——
27,787
26,556
27,969
18,872
taxes———
22,322
aceru(tl4-«---^~-^—n-—-
reserve
1944
$343,897
—
—_
taxes
Federal, income
.«;•
22,057
■,
.
^lj^pfy?'.C?o£w-
/•'"Utility
Other
162, p. 1771.
—V.
9,320
162,
2,242
■i
$47,820
-
18,971
19,955
$30,777
$27,865
deductions
income
$45,578
-
$49,748
income—.
Income
$7,675,507 $22,385,860 $21,118,831
$40.428
.
(net).———_
income
Net
income—
operating
Gross
1945—9 Mos.—1944
1945—3 Mos.—1944
1945
^
—
Maintenance
General
1
Sept. 30—
revenues-—
Operation
—
675.
p.
-Manila Railroad Co.—Interest—-
14,157,293
2,021,676
The
interest
due
Nov.
1,
1945,
/
Manila
on
;
;
Southern Lines first
RR,
mortgage 4% extended gold bonds, due 1959, was paid on that date at'
office of Philippine National Bank,' New York agency.—V. 161, p. 2002/
473,092
512,692
1,400,274
1,505,640
$1,344,097
$1,240,261
$3,498,871
•'
417,230
$3,434,222
326,989
$3,916,101
tl, 688,170
546,941
$3,761,211
tl,737,429
481,050
$1,680,990
$1)542,732
__—-—
profit--/.
Operating
140,710
111,424
$1,484,807
630,174
$1,351,685
635,536
177,322
165,729
$677,311
income
for
•Misc.
Net
$550,420
taxes
charges
*
Including
.*
•
doubtful
for
•
for
taxes
for
the
first
$1.77
$0.58
results
figured
are
at
of
the
the
(&
,
bonds
will be made
trustee,
York,
New
N.
Y.^—V.
1945
$211,986
,
162,
income/
—
,35.126
115,469.•/.
."s.
...
.
..
rrV* 1C2; P. 1642.
•
57,638
73,664
vl8^352.T. A.20,484
2,454,531
858,096
205,144
-
105,805
29-,033
,
,
2,287,258
776,442
income— —
207,750
1942
'
$272,339
1943
$262,770
-
2,352,335
.,
.
,
-
-
,,
2,604,546
1,226,159
313,879
924.946
229,322
•
ance
404,429
343,204
14,322
14,829
for
deducting $136,290 forest fire losses,
to
profit
$1,444,370,
162, p. 571.
$562,294
.,,.3 Mos. End, Sept. 30—>
before interest-^.'—
Loss
Interest
Loss
•
'
■
-V.
income/—
period
162, p.
571.
Sept. 30—
30, 1945,
period in
Sept.
$2,727
>
v
same
■
CrlU
$2,620
1943
—
,
of
386,976, cost
"•
/_
$3,651'
•
'
$1,546 '<
»
842
954
..
.
—
$2,388
Trust—Earnings—
J944
$1,519,986
124,881
$1,456,159
$1,412,399
$1,395,105
$1,329,551
1,387,552
1945
'
$1,525,817
113,418'
•
1943
,
126,608
1942
$1,230,758
104,847
gains ©r losses on securities.
'
,1942
S.
Cash
•
NET
•
ASSETS, SEPT.
1,247,035
"
$1,125,911'
1,179,691
,
30r 1945
V1945
quotations ( Aver, cost per books,-$131,for Fed. inc.. tax purposes, $132,825,461)
„$185 ,823,850
certificates of indebtedness, at market quo¬
per-books, $6,400,000)—/—__/—i—6 ,401,588
(demand, deposits)/—«,4 ,88(7,967
Securities at market
Treasury
tations
*.
$2,697
$1.27
the company's
number of
■
1 'v •
ASSETS—:
,
1944
1945
$20.97
Exchange has authorized the listing of 10,000
(par $1), on- official notice of issu-'
1,428,448
income
•Exclusive
Corp.—Earnings—
4
for
Stock
income /_/r/——
Dividends.
U,
on
York
New
Gross
tlncludes excess profits
for the nine months ended
as against $1,794,195 in
the
-
3,146,081
-
.
STATEMENT OF
Long-Bell Lumber
Taxes
$1.56
pursuant to the terms of an offering to certain of
.
net
$23.97
$0.45
1,312,020
.
$533,282
$755,759'
•$266,211
period—r
$7.01
$0.42
.
Massachusetts Investors
345.
820,226
1,037,945
•After
8,954,230
3,594^769
.
'
Expenses—
Profit
NOTE-r-The
1515,
3 Mos. End.
income
taxes.
10,151,957
1,050,990
(Glenn L.) Martin Co.—Listing of Additional Commoni,
The
•Net
1944.—V.
1944
$225,864
sh.,
due
on Nov. 25, next, at
at The Continental Bank &
30 Broad St.,
«h,;
1942
$2,022,293
336,323
284,021
t528,225
2,991,280
1,033,819.
"
$6.89
employees, including, certain officers,, making. the total
applied for 1,134,564 shares.—V. 162,' p, 675> ■ * '<
1943
$1,988,682
taxes
first mortgage leasehold
12,100,311
shares
374,738
336,209
Interest
13,746,726
additional shares of common stock
Subs.)—Earnings—
1944
$2,518,974
;
Stale
pfd-
,
238,487
283,107
—_
and
profit
profit per com.
p,
1
4,042,270
2,919,600
—
Net
162,
•
.
Net
—V.
$
-
....
...
income
——
per
.
•
113,063,178 102,497,514:
,
1945
$1,325,810
Sept. 30—
Fed.
for
NetJprofit
subsidiary companies Included
exchange rates,, except as to the
.
before deductions-
Prov.
—
taxes
9,^82
3 Mos. End.
3,953,419
$
$
34,133,369
$1.63
nine
depltion which is based on the dollar
the time of acquisition.—V. 162. p. 675.
..."
Long-Bell Lumber Co.
Gain
$
35,736,425
Earnings before Federal
income
taxes.:—/w_
J
provisions for depreciation and
value of fixed assets at
■;
.rental
and
sales
income
:
;
.
1945—9 Mos.—1944 >
1945—3 Mos.—1944
/
Net
foreign
average
Co.—Earnings—
Sept. 30—
contingencies.
accounts and
.
...
.
Marshall Field &
•.":-
months of 1945 include an
-amount.of $908,162 for Federal normal tax and surtax, based on an
estimate made at prevailing Tates, as compared with $850,407 for the1'
first nine months of 1944,
No provision for excess profits tax was
considered necessary ip either period.
.,,,■
.
«•above
of Timken
%
•
$0.71
provision
tProvision
,
—^
share on
shares—--
948,597
.
per
,
—
profit—
profit
Net
350,000
Boards
..
income———— J
Prov.
Fed.
Bonds—
Net from, railway,
oper.
Com¬
a
output
Period End.
(1375-1383 Broadway Corp.),
Orbs/ from, railway,/—
ry.
the
Holding
2150.
p.
Operating"
?
2,118,577
called for redemption
Payment
railway
From Jan, 1—.
Net
162,
' $1,266,045
30.
lor
1945
15,368,138
Depletion
railway..-—
oper.
in
Lion
691,9*8
Misc.
Lehigh & Hudson River Ry.—Earnings—
ry.
below.—V.
income.—
12 Months Ended
5,230,606
depletion
986.,
have been
September—
Net
of
the
under
'
George
On
735,847
amounted
Net
SEC
the Holding Company Act by the
p. 1892.
' 'V-7 .t,V. *•/<;.
business is anticipated.
5,622,567
<
entire
^
Rockwell,
successor
froni
with
year
prolonged court battle resulting in
21,
1945, modifying the exemption
162,
Inc.,
Oct.
$0.36
sold—-——.£
.
Gross
connection
each
of this company for the week ended Nov.
24,002,000 kwh., as compared with 31,442,000 kwh„
Mr.
$34,560
Selling and adm. exp.__
Prov.
for
deprec.
and
iv
p.
of
& Co. has been inactive since 1944 when Mc¬
Donald & Co., a partnership, was formed to engage in the business of
security underwriting and distribution.
The Lucas purchase is being
made as an investment and no public financing, or changes ih policies
%
Corp.—Earnings—
—-_
cement
;
650,000
:
-J
;-4.i
outstanding modified
interest.
and
Trus|» Co.,
debt
McDonald-Coolidge
costs
purchased
and cost of
pre¬
$1,150,000
1,150,000
1,150,000
———
N. Y. City—To Redeem
the
in
expenses
funded
Mfg. and shipping
under¬
the
company
Beane
—„:
.Lefcourt State Building
of
common
no-par
approximately $3,120,capital to be effected by
substantial interest in this company, one of Cleveland's oldest man¬
of machine tools, is being purchased by McDonald-Coolidge
and
.
1942
by
Water
■
Depreciation
All
162,
ceived
*
,
a
railway
oper.
.
$0.86
162, p. 674.
drilled
Electric Corp. above.—V.
Buffalo Niagara
Lone Star Cement
accoiding to Charles W. Pendock, President.
Early in September a small group of Eastern industrialists acquired
a substantial block of the Le Roi shares from English interests.—V. 161,
V.
/ *
y
162, p. 675.
in the company's history.—V. 162, p. 21.50.
..
.
v \vi' »■ .. '.»«»•- • «''♦*%•
previous year
any
wells
more
Period End. Sept. 30—
Axle, Standard Steel Springs, Hupp Motor, and Pittsburgh
Equitable Meter Co., has just been elected a director of the Le Roi Co.,-
2557;
of
the
N. Stephan, who with Mr. Yost consti¬
tute the Lucas top management, will continue in their present capaci¬
ties, the announcement stated.
r.
*
<
Throughout its 45-year career the Lucas company has specialized in
developing horizontal machine tools which combine boring, drilling,
in
1/5- • '/.V,,'. '
:,4,uJ.,■ '))>«,tiUrf' ■
?)1) .wS.)7
>•" Lockport &' Newfane Power &
See
Detroit
p.
of
from
railway——
George H.
15,
Dec.
$64,994
$0.71
Consolidation—
Le Roi Co.—New Director—New Interests—
Colonel
shares
<
portion
Co., Providence, R. I.—Control Acquired-^
Co.,
on
,
2150.
p.
1943
1944
for taxes.—V.
provision
oil
four
said
NOTE—The
(The)
new
—
.
1,059,036
a
Lucas Machine Tool Co.,
cents
12 Va
payable
1945,
Inc., above.—V.
$0.75
Utility
Public
the principal
is
Co.
from
„__
/—,
The Milwaukee Co.—
p.
,
this
income^
oper.
from
totaled
Co.—Completes Four New Wells—
Barton
in
than
f
the bonds of series A.
The names of the sub-underthe principal amounts of bonds to be purchased from
underwriters by each of them,
respectively,
are
as
Merrill
—V. 162,
ex¬
a
,
and recapitalization
materially from the previous
the New York Public Service
corresponding week last year, a decrease of 23.7%.—V.
the Chitwood and North Stark
Fields of Pratt County,
Kansas, was announced on Oct. 31 by Col.
T. H. Barton, President.
The company presently is drilling an addi¬
tional 17 wells in Kansas, New Mexico, West Texas and Louisiana.
follows:
-
Co.,
1945
$58,364
share—
charges and
all
Total
Peabody
UNDERWRITERS-4-Kidder,
writer
in
that
the
the
Company Act of 1935.
Holding
Sept. 30—
com.
Completion
all
Exchange
per
Lion Oil
J
no
to
sale
been -distributed
such
Lynchburg Gas Co.—Earnings—
electric service or undependable part-time service. .
public by North West Utilities Co. in May, 1945,
(133,500) outstanding shares of common stock of the company
the effect of terminating the jurisdiction of the Securities and
viously
of
that
consolidation
by
Louisville Gas & Electric Co.
or
dividend
initial
Dec.
on
Electric
income
•After
service
extended its
1922,
in
not
outstanding
railway./—/-.
Electric
cents—
1
9 Mos. End.
of
.communities
ry.
—V.
Mr.
Lindsay Light & Chemical Co.—Earnings—
•Net
a
hydro-electric generating station (initial installed
kilowatts) at Big Falls on the Flambeau River and
properties of Ashland Light, Power & Street Ry. Co.
and Ironwood & Bessemer Ry. & Light Co.
The properties so acquired
included electric street railways in Ashland, Ironwood and Bessemer.
Company discontinued operation of these railways prior to 1934, Through
the construction of additional facilities and the acquisition of small
to
recapitalization
April 25; that
on
share.
that
registered
From Jan. 1—
Gross
the
Transportation,
Defense
Prudence-Bonds
an
ending
record
Central Louisiana
Earns,
the
operating
from
Net
and
1'
5.280
acquired
tfnd
of $10 per
states
September—
from railway.
Louisiana Ice & Electric Co., Inc.—Name Changed—
(•' See
.
Falls Power Co.
On Aug. 5, 1919, company changed its name
Falls Water Power * Co.,
and on March 4, 1922, to Lake
Superior District Power Co.
In 1922, the company completed the
capacity
preferred
Gross
man
directors
The
Big
construction
fact
for
.
1936.—V.
Textron,
Net
.
incorporated
was
company
the
Louisiana & Arkansas Ry.- -Earnings—
A
Co.,
and Jacques Coe &
Declares Initial Dividend of HVz
Big
to
of
differs
plan
approved
.
Lighting
Lonsdale
members
elected
been
formerly
was
Office
the
lawyer
a
Jackson
Mr.
Emanuel & Co.,
with
associated
Wigmore
A.
*
of
of 116,000.
the company,
The
in
mission
■
E.
directors,
of
board
Exchange firm
been
has
.
.
plan
a
new
following
on
April
Act
Island
Long
„
by
have
of
plan
Lighting
1944.
value
order
mission
estimates and
Percival
and
Haas
the
Stock
the Public Service Commission of
Wisconsin
and the Michigan Public Service
Commission authorizing
the bonds of series A, the company will call for redemption $500,000
par amount of its outstanding 5% preferred stock- within three months
from the date of the issue and sale of the bonds of series A.
~ \
BUSINESS
AND HISTORY—Company
is a public utility engaged
principally in generating, transmitting, distributing and selling electric
energy in
13 counties in northern Wisconsin And in two counties in
the upper peninsula of Michigan,
Company also produces and sells
manufactui'ed gas in the City of Ashland, Wis.
,
>
«'
During the 12 months ended July 31, 1945, the company derived
approximately 97.8%
of its gross operating revenues of $2,783,414
from the sale of-electricity and 2.2%
from the sale of manufactured
gas.
At July! 31,
1945, the company supplied electric service, at
retail, to 22,635 customers in 64 cities, villages and unincorporated
communities and
in adjacent rural areas and, at wholesale, to the
City of Medford, Wis., and the City of Wakefield, Mich. At the same date,
the company supplied manufactured gas at retail to 1,512 customers
in
the City of
Ashland, Wis.
During the 12 months ended July
31,-1945, the company generated approximately 96.88% of its electric
energy
requirements in its own generating stations and purchased
the
remainder
of its
requirements
from non-affiliated companies.
The territory served by the company has a population,
as estimated
tAs
view
the
on
Island
$60
and
Co.
to merge Queens Borough Gas & Electric
Lighting Co. and Long Beach Gas Co.
Inc.,
Lighting.
'
corporation; Long Island Lighting Co., would have
following recapitalization:
101,520 shares
of
$100
company
Company
::
Marc
of
issued under the indenture
from time to time in any number of different series, as the board of
directors
may
determine, subject to the conditions and restrictions
_
in
Lighting
stock
ufacturers
2,670,000
4,235,000
(par $20)—.——
The
Liberty Fabrics of New York, Inc.—New Directors-
first mortgage bonds may be
•Additional
said,
Dased
Long
stocks
refunding of the
corporations.
from
13,500,000
Common.stock
Island
null
"new"
proposes
Island
the
ry.
1771.
preferred
constituent
Net
55,600,000
so-called
6%
Suffolk
application
Net
p.
due'oJt, 11975-—-LI
with
to persuade the Ottawa
have greatly exceeded
of this new product.
the
B
surplus resulting 'from a reduction in
recapitalization plan will be set aside for
the
out
facilities for the manufac¬
ture
One of the company's plants which had
been
devoted to specialized war production will shortly be converted
solely
lor
Thermopane
production,
Mr.
Biggers
reported.—V.
162,
PRESENT FINANCING
GIVING EFFECT TO
VJ
-
000
In accordance with usual War Labor
procedure, the union officials were notified that negotiations
could not proceed until
the strikers at Ottawa, who were violating
their union contract obligations and apparently disregarding Federal
law, returned to work, Mr. Biggers said.
Orders
for
Thermopane,
the company's multiple-glazed insulating
unit,
Dec.
&
stated
a
The
filed
The
series
4%
with
Board
on
in
Long
Ottawa, 111., and Shreveport, La.
$399,160
$394,180
$432,766
the $5,600,000 of bonds of
year
one
declared
in
Long
was
of
Exchange, have
19
Series
Dec.
and
were
"new"
has
company'
Nassau
par
L-O-F.
officials attempted
Curb
of
of
it
19
recapitalization
The surviving
outstanding the
strikers to live up
to their obligations, but without success, Mr. Biggers reported.1
The
Union officials then left Chicago, returned to their homes and closed
down company plants at Toledo and Rossford, O.; Charleston, W. Va.;
offered will be $168,000.
now
needed by
were
Union
169,755
$649,346
250,186
workers
$621,503
37,459
for
charge
interest
The
193,509
$613,479
/,39,457
$406,922
Net income
series A
190,500
$606,118
$668,032
261,110
income——
income
Gross
tz
206,600
$624,439
43,593
prof, taxes
exc.
oper
Oth« Oicome
Int.
"
—
taxes
$2.16
satisfactory agreement between
of the glass companies seemed
in Chicago.
sight after 15 days of negotiation
of
into
Biggers reported that the end of hostilities brought cancellation
practically all of the company's orders for war products, but that
because of priorities accorded Government; business during- the wari
orders for large quantities of glass for peacetime uses have accumu¬
lated./ The company's war product accounts receivable have been re¬
duced from $2,487,800 on V-J Day to a present total of $298,717.
Reconversion of the company's manufacturing facilities is compara¬
tively simple and rapid progress has been made in that direction, Mr.
Biggers reported.
The major problem before the strike was the diffi¬
culty of obtaining sufficient labor.
Though every effort has been made
to increase the company's
working force, more than 1,000 additional
$2,,s
Maintenance
2,548,855
Mr.
ODeration""""—"I—1,013,419
the
company
the SEC.
The
of
1942
1943
-1944
"
for
Co.,
that the -nationwide strike
at Ottawa, 111., struck without
Mr. Biggers said.
He pointed
precipitated when the local union
warning at the very moment when a
the representatives of the union and
was
-r—Years Ended Dec. 31
12 Mos. End.
31—
Dec
———
ship,"
SUMMARY
EARNINGS
..
Vpnr<s Vnd
../—
taken,
Dec.
stockholders
Commission
$2,787,795
2,534,452
$1.10
an addendum to the shareholders' re¬
to the strike of glass workers, which has stopped
production at the company's plants.
"This strike is regrettable and
was
avoidable had the union been able to control
its own member¬
,
.
1944
$5,513,719
Biggers, President, in
D.
John
$5,600,000 first mortgage
be
The
1943
1945
cdmmon
was
on
by
plan
(& Subs.)—Earnings—
$3,524,878
2,551,068
$1.38
-
—r
York
New
change for the "old" stocks pursuant to the plan, and
plan of reorganization has been filed with the SEC.
port, called attention
<$5,686,800),- together with such amount may be required, are to
proceeds
PURPOSE—Net
from
stocks
certificates
•After all charges and taxes.
1975.
1,
action
/
.
Ended Sept. 30—
9 Months
Co.—Bonds Offered—
Kidder, Peabody & Co. and associates on Nov. 5 offered
$5,600,000 first mortgage bonds, Series A, 3% at 102 V2
and interest.
Bonds are dated Oct. 1, 1945 and are due
Oct.
The
with
•Net
Lake
value
par
"new"
$7.67 per $1,000 principal amount of
10,
Libbey-Owens-Ford Glass Co.
160, p. 2544.
1945.—V.
in
$883,874
—-
—
no
the
of
exchange contracts
series of "A" 7'J
approved
may
1945 which amounts to
bonds.—V. 162, p. 2149.
Dec.
value
new
Y.
at their option surrender their bonds, as abovementioned, at any time prior to the date set for redemption and
thereupon receive the full redemption price, plus accrued interest to
"
void
par
New York, N.
St.,
705.000
-JjMJ}
and
Walnut - St., Philadelphia, Pa., or at its
Bank of the City of New York, 11 Broad
Trust
&
^n^'rnrt
(par $10)
Convertible preferred stock
soq
1,483,bui
903,651-
—
The
its
ibi.wa-
247,378
Governors
company has called for
redemption on Dec. 10, next, all of
outstanding general mortgage bonds dated April 1, 1935 at 105
and interest.
Payment will be made at the Tradesmens National Bank
85?'758
and accruals——.—
payable
Long Island JJghting Co.—Curb Contracts Voided—
rjrn
_
"
—-
payable
Accounts
Reserve
..
—
Sundry
Monday, November-12, 1945
Lehigh & New England RR.—Calls Gen. Mtge. Bonds
:
Bank Joans
and
COMMERCIAL & FINANCIAL CHRONICLE
THE
2274
-
' $1,355
701
:
in
(cost
banks
—
ReceiVtfble - for:sechrtties' sold-————ll__—_Il_—il/—/
Receivable for shares sold.^——*.—_/__//_
Receivabte- for dividends', due in Sept., 1945-___.i'_—
Accrued
$2,057.
..
Total
Interest; receivable-—
—
1 ,280,842
91;746
5,000
;
19,425
$198,510,418
'
Number 4437
Volume 162
THE COMMERCIAL & FINANCIAL
CHRONICLE
2275
\
LIABILITIES—
Distribution payable Oct. 20, 1945_-~
r
Reserve for capital stack tax and miscellaneous t?xes
Payable for purchases of securities—,
$1,428,448
—
—,
Total
Net
Gross
521,068
Net
of
provision has been made for Federal taxes
value each
par
on
realized
be
taxed
gains
"regulated
a
securities
on
Income
or
and
years
v/hich
under
case,
taxes will
to
the
as
trustees
tax
each
regulations
in
effect,
Federal
no
income
in-
be incurred.
of
Nov.
5,
given,
1945
in
the
"Commercial
for
the
those
are
for calendar years as
reported.
fiscal
See V.
The
will
base
be
time.
of
announced
effective
for
pay
will
be
Oct.
ended
years
162,
31
Aug.
and
the
of
with
will
salaries
the
scale
Into
the
be
Co.
the
base
the
in
for,, hopie
to
$3,000
less
or
U.
•
into
Publishing
The
tion
employees
in
inclusive, which was pre¬
expansion of the work¬
proportion to
the treatment
and
Canada
will
also
be
in
162,
the
public
field
of
Co.,
that
cities
research,
with
initial
an
Inc.
the
and
popular
a
newsstands
of
magazine
throughout
the
world
will
living.—V.
science
of
of
tell
discoveries
and
modern
of
162,
Hanover
dividends
per
to
162,
for
has
annum
proceeds
1.52%.—V.
the
of
with the
>
89
the
United
in
the
profits
today
and
the
Bank
&
certificates
been
1942—
$2
5
to
rule
whether
Montgomery Ward
that
of
check-off
case
162,
outbreak
an
dispute
a
Ward,
"On
As
action
Next
in
existed.
it
day
This
was
favored
disposed of
2019.
'■
'
Central
has
ICC
of
The
,
stock
line of
a
company
by
two
other
the
as
r
under
for
without
prop¬
opinions,
by
for
D.
in
par
to
be
North
an
the
Carolina
owned
sale
Sabiston,
of
assets,
to
reorganize
Central
properties
; v
was
and
conveyed to
Issue its stock.
affairs
the
4,050,946
4,292,222
2,979,656
and
connects
3,025,779
Seaboard
Air
Line
at
the
latter
point
Railway.'
'
with
the
"
"
main
line
of
No.
profit
of
shares!!
common
Earnings
—V.
$1,037,458
162,
$1,266,443
$0.55
1,682.425
share
per
$1,071,290
1,682,425
$0.70
$0.53
The
1,682,726
shares
2018.
p.
of
shares
of
sion
Mengel Co., Louisville, Ky.—Acquisition—
Stock
$2.50
of
shares
(The)
York
New
the
in
preferred
stock
(par
$50)
and
(par $10), with authority to add
stock upon official notice of issuance in
common
preferred
stock.—V.
162, p.
President.
The
Mountain States Telephone & Telegraph
Period End. Sept. 30—
;
operates a hardwood plywood mill
capacity of 20,000.000 feet and owns sufficient timber
to assure a 15 to 20-year operation,
according to Mr. Voit.
'
'
The Elizabeth City plant is the most
recently built hardwood plywood
unit in the United States, the
present mill having been completed last
April replacing one that was completely destroyed
by fire last year:
It
with
a
Uncollect, oper.
annual
an
,
is
Operating
'
concern
with
Operating
three-lathe mill and fully equipped with new
machinery, throughout.
Vice-President in charge of plywood manufacturing, point¬
that facilities of the Foreman-Derrick3on
plant "fit in ideally
Mengel'8
logging
operations
the
on
Afridan
Gold
Net
Net
Coast
and. out.,
The Men-
for further
;;
1.
;..
>,'
•
500,000
$2
conver¬
1643.
N.
J.—V.
162,
Sales
{
Hickman,
Vice-President
Midi
160.
RR.
and
'
1945
Midi)—Resumes Payment
and /
Gross
Societe
Nationale
des
Chemins
I
du
de
bonds, foreign series,
Midi
1945,
4%
on
redemption
or
on
resumed
be
before
or
holders
of
Fer
(French
New
1,
York
1960, that
on
bonds
returns
of
Prov.
as
de
of
Fer
Dec.
&
allowances
goods
for
$6,285,350
gen.
after
bonds
not
yet
redemption
or
their
equivalent will be made at the office of J. P. Morgan &
porated. 23 Wall St., New York, N. Y.—V. 156, p. 1690.
Co.,
dollar"'
Operating
revenue
$7,028,820
revenues—_______—
Operating
Net
operating
Non-operatihg
deductions
—
ifevenues_!-___———.
income-
$1,6)53,178
deductions—
—__ui___!!—_L_
! $531,714
!-,
pation
Net
—V.
payments
units-;
p.
acct:
on
of
475,758
-
86,556
85,426
54,644
628,100
i'
&
excess
$981,860
profit
Earnings per
In
mats
of
one
This
on
was
increase
the
Co.—Split-Up Approvefi— i
5 approved a two-for-one. stock split-up to
issuance to. stockholders of record Nov. 13
no
par
number
of
value stock for each share then-held.
shares
outstanding to 1,951,530
leave authorized but unissued 3,048.470 shares.—W. 162, p. 1893.
and
is
the
Fox
in
*'■
'■
Since
for
shr.
and
$1,558,609
then
all
the
retail
Evans
shortages
building
were
of
this, present bookings
capacity.—V. 162, p. 2020.
of
I,
'
•
-
effective
all
at
plants
are
greatly
the
manufacture
;
and
which
stores.
Corpo-
Co.
of
which
furniture, having
.then a wholly
was
of
shares which
■
Co.,
Inc.
2,000
.,__!-
Co.-
2!ooo
-
i._i
'
2,000
——
net
is
2,000
2,000
j
—
proceeds of
preferred stock will
the
of
the
used
be
2,000
,
sale
to
redeem
cumulative preferred
called
balance,
12,000
stock
shares
that
which
of
part
is
not
of
ex¬
for
approximately $5,000
the exchange of
will
with
will be
used
for
162,
p.
be
stock
for
this
paid
and
additional
to
the
working capital
1516.
Steel Castings Co.
(& Subs.)—
.■•..■'V.
Sept. 30, '45 Sept. 30, '44
operation-^.——
vt$673,559
$291,078
rent,
and
bef.
misc.
14,918
12,327
2,569
$303,405
$343,460
46,233
120,000
105,500
tax-
9,210
Cr501,700
'
:
;
;
$328,419
for
in
676.
;
.
■
J
,
$288,415
'
$165,197
$0.28
and
-
4,500
$133,772
Nil
and
V
3,400
'depreciation
1944
68,263
•
——
share____^_
provision
1945,
$340,892
f$658,641
—t$166,151
in
Oct.-2, '43
income
profits
common
-
deductions-
other
deducting
pur¬
under¬
balance,
J
/
.
excess
p.
nine
$0.35
amortization
In
1943.
of
tLoss.—
/.
x_;' '■/.
fbonds
form
part of
a
total
issue
of
$2,500,000 principal
of serial and
sinking fund first mortgage bonds,
consisting
designated series, bearing interest at 3%%
and
4%/ respec¬
and maturing from 1946 to
1953, and the.
present
in
been
4 V2'/«
sold
bonds,
and
due
the
1961.
Serial
proceeds have
bonds,
been
stockholders
increase
15.
$8,750,000,
in
of
four
$25,
par
the
will
consider
from
company
shares
new
share
held,
according
to
Manager.—V. 162, p. 1894.
-
16
Nov.
on
stock
common
John
to be
to
of
company.
the
Split-lfp—
Stock
recapitalization
plan
to
$6,500,000,
par $1Q0, to
exchange for each
President
and
General
issued
Alexander,
issue
totalling $1,750,000,
paid
Nekoosa-Edwards Paper Co.—Plans
The
'
•
■
North
at
Company, Inc
which
per
$750,000
not
October
1927,
ready-to-wear store located in
July, 1945. Corporation is not now
in
in
Manufacturing
connection
profit
tively,
Bluebonnet Ordnance Plant
plants
have
been
fully
removed
July,
ladies'
opened
profit
have
landing
full capacities are
labor and critical materials.
in
of
Louisiana
Inc
&
&
the
divs.,
amount
$0.36
However,
operation
States
furniture
state
company
was
recently organized to take over the assets of
major and five smaller eastern Canadian fish
producing, processing
and marketing plants.
<
company's
production.
private
the
at
the
the
15
$714,455
metal
in
and
The
20,557
$0.43
of
engaged
in
366,662
surtax
,
140,853
-
$809,588
$0.10
operations
peacetime
on
$219,684
$0.16
contract'for production
and
Delaware,
18
270051
726,360
tax
located
are
of
retail
was
indirectly
or
profit from
These
company's
cancelled
anticipation
excess
in
'
mmmmm
National
'■I-
Distillers
(Incl.
Products
wholly
owned
from
Prov.
for
after
and
Fed.
inc.,
profits
cap.
expense
stock
Period End. Oct.
1944
1943
Net
Si
!—
amortization
Neisner Brothers, Inc.—October Sales Lower—
companies)
1945
deprec.
___—!
reserves
Interest
oper.
Corp.—Earnings—
subsidiary
9 Mos. Ended Sept. 30—
and
taxes-!—-
' 22,440,000
18,176,577
$9,070,828
$3.27
$2.91
For
9,902,821
Common
shares
per
outstanding——__
common
NOTE—Provision
months
rate
which
share__
for Federal
income
ended
Sept. 30 has been
anticipated will be
year-under existing revenue .'laws.—V.
y,
■
,
it
is
and
excess
made
at
applicable
162,
f
p.
estimated
to
1644.
....
earnings
■
.
on
v
.- •
ended
kwh.
in
New
The
the
of
Nov.
This
2,
is
the Association
decrease
a
12,806,003
kwh.
for
of
the
reports electric output
498,161 kwh., or 3.89% be¬
corresponding week
a
year
York
ICC
on
of
99.2799
and
outstanding
ft., a
130,892,000
corresponding week
$25,982,000
.
Oct. 18 offered 12,000
week
production
ft.
average
for ■ the
by Norris
Hirshberg, Inc., Atlanta, Ga.>
.•
Ga§ & Electric Association—Output-^
Gas output for the Nov. 2 week is reported at
127,531,000
decrease of 3,361,000 cu. ft., or 2.57%. below production of
National Manufacture & Stores
Corp.—Preferred Stock
Offered—An underwriting syndicate headed
&
$28,659,897
ago.
2,045.451
profits taxes for the
the
the
1945—10 Mos.—1944
-
$3,439,606 $29,357,291
1644.
p.
12.307,842
low
1945—Month—1944
$3,278,473
—
162,
New England
$5,955,178
2,280,275
$6,918,800
2,117,333
$3.98
profit
31—
sales
—V.
$32,061,686 $25,878,412 $16,877,600
550,858
783,035
1,019,601
of
$981,763
Nov.
the
additional share of
will
,
233,900
$290,029'
com.
the
August
closed.
was
'
through
operation
one
which
and
Of
162,
of
Earnings
_■!
Minnesota Mining & Mfg.
effected
"
.
taxes_U_-__
Net
Net
167,019
335,053
National Sea Products, Ltd.—Bond
Issue Sold—W. C.
Pitfield & Co/and Eastern Securities
Co., Ltd., recently
announced the sale in the Canadian
market of $750^,000
first mortgage and collateral) trust
sinking fund bonds,
41/2% series, 1961, at 100 and interest.
261,550
899,000
inc.
profits
$1,148,783
126,184
1286.
'The stockholders
be
:■
,208,600
Federal
partici¬
—
income
162,
$1,297,059
248,796
22,076
nine
v
$1,740,903
77,205
173.609
excess
$1,108,044
and
$403,615
68,114
126
6,362
86,556
divs.
V.
2,157,211
7,050
$1,711,096
474,342
A.
Federal
740,423
2,188.284
351
Earns,
Pfd.
783,398
732,989
6,798
$1,704,734
15,763
_
which
organized
.14,284,539
Prov. for doubtful accts,_
5,361,580
$1,668,941
nterest
15,535,982
253,785
Miscellaneous deducts.!-
$7,066,314
5.375,642
335*522
651,996
194,540
,
Other
deductions —;—J—_
Provision
for
income
taxes
$20,248,567 $18,479,232
$1,989,699
In
1944
stores,
was
Hirshberg,
$327,874
45,360
Restrictions
1945
357,176
income
Adj. of previous post-war refunds of
>
270,402
being utilized because of
Sept. 30—
&
"After
$480,820
organized
Minneapolis Gas Light Co.—Earnings—
$114,566
114,367
174,985
1,287,562
Normal
.
218,944
1,162,035
Federal
furniture
sold
Earnings
68,750
on
Incor¬
$183 122
$5.50 prior convertible
*Net
-1944
722,514
exp.
r
income
■
•
v.
210,744
""
903,444
Quarter Ended-r
./
$599,828
re¬
1, 1941, and on certain bonds drawn for
Dec. 1, 1942.
Payments will be resumed also
maturing on or before Dec. 1, 1945, on
redemption as well as on those drawn for
Dec.
1, 1942.
Payment in French francs
12 Months Ended
5,021,864
depl. & deprec.
income
Total
$6,412,253
4,760,720
sold
r
v,.,
$266,492
603,363
.
BUSINESS—Corporation
cumulative
Net
'
'
$564,181
f
National Malleable &
*
Int. & exp. on fuad. debt
1,
for
&
Earnings—
Subs.)—Earnings—
^
30
Net
purposes.—V.
$67,353,543
207 in the
-1945—9 Mos
JUNE
subsidiary.
Net
1945—10 Mos.—1944
the
Profit
less expenses of registration
and other corporate
'
208
ENDED
used
293,7^!, 2,704,938i0r2,373,364
1945—3 Mos.—1944
.
Operating profit !___
du
National
drawn
operation
in
share.
per
Profits Taxes
8,050,118
for
operates
writers-in
Dec.
for
after
Fer
Compagnie des Chemins
due Dec.
In
Francais
coupons
drawn
or
notified
will
payments
demption
on
has
de
1
1945—Month—1944
in
sales, less discts.,
Other
Chemins
were
Period End. Sept. 30—
Sell! admin. &
Foreign Series 4% Bonds—
on
Railways Co.
des
there
National Gypsum Co. (&
C.;'\>.
'•'!
(Compagnie
~
$7,883,198 $72,719,273
stores, as against
same month last year.—V. 162, p. 1772.
-
has,
and
1404.
p.
Co.
1
'
$7,754,333
——————
In
Secretary of the firm of.;'.;
Hickman. Coward & Wattles, Inc., of Buffalo, N. Y., has been elected a
director.—V.
'
$1
Federal Excess
7,248,900
also
pose.
$3,605,080
<
Merchants Refrigerating Co., New York—New Director
H.
*
"
4
YEARS
.
Cost
:Charles
2.91,?91
$3,863,035
par
Taxes
5,659,166
Hilsman
Int.,
2018.
p.
income,
$429,286
of
a
redemption.
It is estimated
that
approximately two-thirds of such
existing preferred
stock
will
be
exchanged so that approximately $400,000 will be
Co.—Earnings
1945—9 Mos.—1944
.'' ,v
'•
Mengel's operations also embrace furniture plants at' Louisville
laurel; wood box plants at St. Louis, Mo., and
Winston-Salem, N.
and a kitchen cabinet
plant at Union City, Ind.
The company
corrugated shipping container plants at Louisville, Winston-Salem
Brunswick,
$422,819
Period End. Oct. 31—
V'
New
933,392
'income—
value
change
Income
$5,348,860
•
Robinson-Humphrey
the
$3,677,192 $35,748,842 $32,144,650
2,491,537
24,026,170 .22,276,145
756,369
7,859,637
6,263,425
2,829,677
to
"Prov. fr.
PURPOSE—The
(G. C.) Murphy Co.—October Sales Off 1.63%—
■
Mengel owns! timber in Louisiana and Mississippi, has veneer and
plywood plants In Baton Rouge, La., Laurel, Miss., and
Louisville, Ky.,
and
is
the
largest producer of Southern hardwood plywood jn th«
United States.
''
'///
H.
270,000
,
$4,185,888
a
Before Taxes
Wyatt/, Neal & Waggoner—
Brooke, Tindall & Co*_!
$3,678,818 $35,808,570 $32,180,282
1,626 , '
59,728
35,632
6,465_'
taxes
oper,
—*V.'162/P;{ 1643.
p!
development of our African property."
gel company for many years has been bringing to its American mills
choice African
mahogany logs for manufacture into veneer and ply¬
wood;
$4,192,353
revenue
Operating revenues-!
Operating expenses—'
out
program
revenues-—
authorized
Net Income
1936
The
,
I. Horine,
ed
1945—Month—1944
value
par
Sales
changed
■■'
Foreman-Derrickson
no
EARNINGS
Corporation
they began the
Norris
The
company lias acquired the Foreman-Derrickson Veneer Co., of
Elizabeth City, N.
C., it was announced on Nov.-2, by Alvin A. Voit,
141,875 shs.
UNDERWRITERS—The underwriters and the number
they have agreed to purchase-are as follows:
the
Exchange has authorized the listing of 108,000
the $2.50 cumulative
of
stockholders
10,452 shs.
200,000 shs.
furniture
Stocks—
stock
40,756 shs.
10,452 shs.
|
Clement
cumulative
common
the
Outstanding
50,000 shs.
Corporation is principally engaged in
selling mediuni-priced furni¬
ture, household equipment and appliances
generally sold in a retail
store, on the installment
basis, which sales are governed
generally under Regulation W,
■'
the
•
Moore-McCormack Lines, Inc.—Listing of
par)--
,
Ga!
J.
Net
the
a
AND
directly
im
The
miles
Authorized
(no
•
SALES
retail
owned
with
of
Registrar:
AND
-
Atlanta,
Moore
Railroad
Ga.,
OFFERING
30,
engaged
properties so purchased have been conveyed to,' and are now
by, the Railroad.
The line of road extends from
Car.thage to
Cameron, both in Moore County, N. C., a distance of
approximately li
$60,148,127
26
ration
.,
,
himself
the
Railroad,
period of one
preferred stock
each
-"Provision
-time
Central
It
a
Carolina, South Carolina, Georgia, Tennessee, Alabama,
Texas.
owned
1943
June
of
■} 1945—!
.
purpose
the
Moore
Jan. .2, 1945.
trustee for
be
to
the
at
Ga.
TO
$1)———
1945
from
1944
V
.
as
Moore
would
proposes
for
Atlanta.
EFFECT
par)——
1943!—6,247,885
not exceeding
applied to the
■
within
cumulative
income "taxes,
by
on
Jr.,
agreement
name
all
it
at
working capital.
receiver's
Sabiston
which
issue
to
(par
31,
HISTORY
proceeds
the
formerly
the
that
acquired
order,
sell
$2
'
stock
(no
stock
1941—_____
V"'-"
and
under
persons,
understanding
company
court
company
railroad
property
Railway
simple
$100),
and
Central
the
to
the
Bank,
GIVING
preferred
stock
$60,000
of
the
(par
own
scientific
of
some
'},.]■
incorporated
was
the
acquiring
at
par)
EXCHANGE OFFER
Year—
"moot."
as
RR.—Stock Authorized—
authorized
capital
strikes
the
on
Supreme Court
cast
validity of five War Labor Board
maintenance
of
union
membership
system.
was
p.
of
The
the
(no
1945, the corporation had
outstanding two notes
payable to the State Bank of
Albany, New York one
maturing Jan. 7, 1946 and the other
Jan, 6;. 1947, and bearing interestat'2%'%--perannum:
.:f.'
'
As
of
June 30,
1945, Phoenix Holding Co.
(a
wholly owned sub¬
sidiary) was obligated to Massachusetts
Mutual Life Insurance
Co.,
in the amount of
$141,660, which sum represents the balance of
the
purchase price of real estate in
Houston, Texas,
The interest rate
on
said indebtedness is
4%.
.
Govern¬
properties
18.
stock
exchange offer.
of Georgia,
Atlanta,
Co.
National
stock
July
of
the
/
common
over
including
Railway, which was sold at
purchased for $4,250 by W.
tomorrow,
of
cause
Oct.
on
might be seized again.
at Chicago to dismiss
Court
followed
heels
the
purchase of
oi
of
no
back
Trust
f
cumulative
A
right
shares
under
Southern
*CQmmon
bearing
the
&
the
reserves
28,756
Issued
Agent:
S2.5Q class
Trust
;
•
the
not
CAPITALIZATION
'
accepted.
The
on
this basis,
applicant,
2151.
p.
properties
of
and,;
science
1944
2,796,572
hold
to
against
The
•
3,834,030
taxes
Nov,
seizing
the
gave
District
seizure
on
$4,300
States
public's
progress
1945
...
in
wrong
Dec. 28.
court
Moore
type
new
$71,646,335 $72,351,042
expenses
and excess
banks,
court
the
the
—V.
pur¬
1515.
p.
refused
gen¬
(& Subs.)—Earnings—
sales
inc.
Central
accrued
the
that the properties
The
in
with
copies to sell for 25 cents
400,060
McKesson & Robbins, Inc.
Fed.
to
of
are
Citizens
/
,
sent
vacating a U. S. Circuit Court decision that
and dismissing the original
complaint.
company
had pressed for a Supreme Court decision
erties
"Science
Buys
—
Nov. 1 announced the entry
technical magazines and books
Quarter Ended Sept. 30—
after
the
lVs%
or
last
consideration
Net
of
Court
right
the
The
existing magazine will cease publica¬
will resume in a new format, style and
It
Illustrated"
developments
Net
'
-
were
Government
directed
Illustrated."
issue
interpreting
into
cost
Government
ground
the
1946, when
on sale at
"Science
translated
states:
corporation
any
Transfer
equipment.
.
2018,
on
publishing
"Science
stated
go
by
certain
certificates
of
and
of
approximately
seven
the
accordance^
p.
It "was explained that the new
magazine represents a
publication and will bridge the gap which exists between
terms.
rate
the
at
was
done,
the
of
totaling Into the hundreds of tnousands,
April,
and
the
that
was
99.928
S.. Supreme
asked
;
magazine
company
until
of
annual
orders
the
eral circulation
content,
for
of
f
supervisory
upward revision.—V.
McGraw, Jr., President',
this company, largest publishers of
the
Commission
bid
which
bid
ment
The
of
$5,000
time
H.
of
procurement
Bars
'
chase
the
the
to
The
year
which
dividends
Montgomery Ward & Co., Inc.—U. S.
Supreme Court
Ruling on Validity of Governihent Seizure—
office
' ■'
'■
of
The
world,
of
of
whose
average
will be
pay.
compensation
adjustment in
$3,000 and which
under
McGraw-Hill
the
1,996,130
investment
dividends
equivalent to 45 hours at straight
applicable supplemental compensation.,
an
observed
.week
salaries
annual
Illustrated"—
James
with
report
desirable
.
*
previously
with
,^0-hour
a
the salary bracket from $3,001
viously adjusted upward at the
there
2,818,414
of
with
amount
an
absorbed
connection
week,
9,688,686
3,599,759
2,798,987
houses,
and
insurance
companies,
the
bidder
to specify the
price to be paid therefor, and to
designate the divi¬
dend rate, in multiples of
Va of 1%, to be borne by the
certificates.
In
response
to
these
invitations
5
bids
were
received,
the most "
not
2151.
p.
connection
Invitations
an<T Financial'Chronicle"
29.
employees
adjusted to
In addition, a
6%
In
has
company
The
.
10,935,886
40-Hour Week—
a
departments,
.
11,391,773
3,110,288
1,288,694
2,790,049 ,*
1,282,469
preferred
addition tlid
corporation is offering to the present holders of its
$5.50 prior convertible
cumulative preferred stock an
exchange privilege
wherein shareholders have a
right to receive two shares of the $2
cumulative
preferred
stock
for
each
one
share
of
the
$5.50
prior
convertible -cumulative preferred stock now
outstanding. • A total of
28,756 shares of $2 preferred is reserved
for this purpose.
AH of the
outstanding 14,378 shares of the, $5.5o prior convertible
cumulative preferred stock, which will not -be
exchanged under the
exchange privilege will be called for
redemption.
The call price fixed
by the certificate of
incorporation is $82.50 per share, plus accumulated
dividends.
ICC
bankers,
Massachusetts Mutual Life Insurance Co., Springfield,
Mass.—On
11,639,407
162, p. 1643.
The
■
Masonite Corp.—Annual Statement—
earnings
344,345
on
Oct. 22 authorized the company to assume
obligation
liability in respect of not exceeding
$910,000 equipment-trust
certificates, second series 1945, to be issued by the
Mississippi Valley
Trust
Co.,
as
trustee,
and sold at
99.928
and
accrued
...
The
445,138
422,603
and
The realized net gains on securiteis for the nine
months ended Sept. 30, 1945 totaled
$4,046,142 based on Federal income
tax costs.—V. 168. p. 1394.
*
.
500,959
109,019
oper.
The
year
now
350,835
In
Missouri-Kansas-Texas RR.—Equipment Trust Ctfs.—
to
expect
investment
distribute
ry.
—V.
company" for 1945 and subse¬
all of the taxable income
(including realized net gains on securities less any applicable net capi¬
tal loss carry-over
which, at Dec. 31, 1944, amounted to $6,778,782) in
quent
$1,241,196
250,672
railway
railway——
income-—
from
Net
of
$2 cumulative
$41.25 per share,.
1942
$1,351,569
—___$196,445,034
——-—_____—
unrealized
or
as
Net
on
1943
$1,275,964
485,491
income—
oper.
1944
$1,459,126
from
Gross
based on carrying securities at market quota¬
equivalent to $27.49 per share for 7,145,119 shares
$1
ry.
1945
railway-!—.
railway
shares
From Jan. 1—
assets
tions,
NOTE—No
from
$2,065,384
-
from
Net
111,121
:—
.
September—
4,747
>/.
.
Payable for repurchase of shares.
Minneapolis & St. Louis Ry.—Earnings—
Connecting
Oct.
26
year ago.—V.
a
RR.^-Bonds
authorized
the
company
162,
p.
cu.
2186.
^
•
Authorized^—
to
issue
not
exceeding
mortgage-2%%
bonds, series B;' to be sold
interest and the proceeds applied to the
redemption
bonds,
first
at
of
.
.
*
*
Advertisements
for
bids
for
the
sale
of -the
series
B
bonds
w*c*
•
.
THE COMMERCIAL & FINANCIAL CHRONICLE
2276
Invitations
and
.iblished
)
bid
to
of children, particularly in the pre-schoo} age group.
While there are
a
great number of manufacturers, producing mechanical, wooden and
plastic toys and games and while there may be considerable competi¬
tion in the post-war market, the company believes that its sales of
these items, which were as large as that of any other similar manufac¬
turer during the year 1944, will Continue on a satisfactory basis through
banking firms,
133
to
sent
were
insurance companies, the bidder to speciiy in his bid
interest - to be borne by the bonds in some multiple of
Vs of 1%.
In response thereto three oids were received. •
best
bid of 99.2799 and accrued interets for bonds bearing interest at the
-—rate of 2%%
per
annum was made by a group headed by Halsey,
Stuart
&
Co..
Inc., and has been accepted.
On these bases, the
and
U'okers
the
of
rate
•
cost
annual
average
The
•
the proceeds
of
offered
successful bidder has
1(>2, p. 2186.
these
will be approximately 2,92'*.
bonds for sale, to the public
end
from
19457
$4,699,206
Revenues
Expenses
Taxes,
int.,
figures
foregoing
NOTE—The
677.
p.
'
.
1945—12 Mps.—1944
15,392,496
15,915,115
9,771,490
10,105,171
290,176
1,596,070
1,148,135
90,000
1,000,000
989,000
350,364
378 ,156
1,820,811
197.000
1,879,945
:
104,000
a
-
(est.)_
[
7
.
♦$740,235
♦$421,979
$1,007,125
12,334
8,431
13,149
——
♦$727,901
♦$413,548
$1,020,274
deductions.—.,
Income
277,762
280,869
1,130,401
$694,417
t$566,820
..■•$1,005,663
of
reset.
income:
net
appr.
income
net
:
acqui. of bonds or of new property—
Balance
tp the JJnited
heaters
civilian
for
States
use,
tor,
wire,
be
...
steam
(Rounds)
"
t Profit.—V.
Deficit,
162,
1
"
677.
p.
ceeds
controls Triumph Industries, Inc., by virtue of such
stock ownership.
The above mentioned total of 477,819 shares of stock
of Triumph exchanged for that of the company does not include 1,323
now
Telephone Co.—Income Statement—
New York
_
.
expenses
♦Operating
18,393,625
ttixes
oper.
owned
stock
33,756,859
33,036,327
Dr 125,104 Frl.296,847 Crl,093,732
7,431,318
943,870
32,460,012
or
34,130,059
3,825,466
6,866,839 '
6,487,448
6,319,500
27,969,814 t30.304,593
27,384,500
26,331,250
4,490,198
(par
Dividends
..
6.319,500
.
in the 12
due
000,
547,339
;
receipt of special
to
167,948
.
3,973,343
585,314
:
resulting
dividend from a subsidiary and reduc- ,
from sales pf certain assets.—V. 162, >
p. 2020.
y-
-
Niagara, liOckport
Niagara
Buffalo
See
additional
"
& Ontario Power Co.—Consolidation
Electric Corp." above.—V.
■
Noma Electric Corp.
made in
our
162, p.
1772.
*.
' V
,
—
Debentures Offered
Mention
—
at
an
UNFILLED
ciates.
'•
;
.
.
'v
being offered by the Un- ;
derwriters,
the company is presently offering (i)
warrants entitling
the holders thereof to purchase an aggregate pf 20,000 shares ef com¬
mon
Stock Of the company (par $1),-issuable upon the exercise of the ;
""Warrants by the holders thereof, and (ii) such 20,000 shares' of common
stock so issuable upon the exercise of the warrants.
-The price to the
public of each of said 20,000 shares of common Stock so issuable,' when purchased upon exercise of such warrants, exclusive of the cost of the warrants, will be $32.50, being the exercise price of the warrants, and
the total price to the public of said 20,000 shares of common Stock,
also exclusive of the cost of the warrants, in the event all of said war- >
rants are exercised, will be $650,000.
The proceeds to the company
from the sale of common stock in the case of each warrant exercised will be $32.50 per -share, or a total of $650,000 if .all the warrants are
exercised.. This is exclusive of the sum of $4,000, the proceeds to the
company from the sale of the yarrarits to the underwriters at 20c for
each share'purchasable under the warrants.
;
"
Debentures are dated Oct. 15, 1945; due Oct. 15, 1960.
Interest pay¬
able April 15 and Oct." 15 in New York, N. Y.
Coupon debentures in. i
the denoms. of $500 and $1,000, registerable as to principal only!' Re- i.
deemable at option of company, as a whole or in part, at any time,
upon at least 30 days' notice, at 10J> before Oct. 15,. 1946 and decreas¬
ing by %% for each year thereafter, except that after Oct. 15, 1951,
the debentures wil} be redeemable at 103Va and int. Sinking fund pay- /
ments on May 15, 1947, of $40,000 and thereafter not later than 135
days after the close of each fiscal year of the company, an amount
equivalent to $4.0,000, or 10% of the consolidated net income of the
company for the respective fiscal year, whichever is the greater.
Cpn" s
to
addition
In
$2,000,000 -of debentures
the
_
vertible 'into
share of the
common
common
at a price of $3 per share, or a
above-mentioned sellers had any con-
stock
of
stock.
~
the company
at
the rate of $32.50 per
.
.
of-$10 per
ORDERS—The
WAR
of
and
filed
be
or
as
,
that
is
estimated
that
when work
on
'The unfilled
such orders had
the
line
of
products
in
this field
distributing such items
of
that
>iq£ commenced.
of
a
these
result
items
of
from
.
assembled
'
and
sold
reserved
reflects:
and
1945,
issuance
fox
(1)
upon
the
exercise
Ansonia
Electrical
due
April "12,
2J/?%-per
!of
-Co.
note
the
company
and
its
wholly-owned
subsidiaries
began
and
are
presently engaged tn the Manufacture and sale of wooden and
pressed toys such $s walking dogs and ducks, wooden and
pressed train
wooden and pressed toy trucks, war
toys such as anti-aircraft
guns and tanks,
Company also sells novelty dolls and toy products
manufactured for it by others.
Company expects to distribute plastic
payable,
T-
annum
purchase warrants
called
educational
take
apart'
toys made out of hard wood including the soand "construction"' type toys designed for the use
conversion
the
of
being
under
such
warrants
ditions
sold
to
the
to
warrants.
for
the
the
reason
Company
has
sale
commitment of
such
the
2
The
'
to
underwriters
-,/,
of
stock,
Gas
Electric
cash
Electric
&
for
In
will
10®
every
held.
SEC.
of
162,
stock,
the. common
on
•
,
of record Dec,
1946 to stockholders
the
income
•
Payable in
Pacific
&
Gas
stock
common
paid Jan. 2,
to
made
was
5%%
the
in
lieu
be
fractional
of
paid
each
regular
$50 par value
stockholders of record
Indiana Public
tax
fall
.
have
the
at
shares
of
rate
4&
the
to
quarters.
7I¥*
of
Co.—Pays Taxes—
of this company,
sent
ten
dividend
quarterly
preferred stock, respectively,
Dec. ,10.—V. 162, p. 1617. 3
Service
payments
been
the last
of
one'of Indiana's
Treasurers of the
by the company, it was announced on Oct. 29>
Mitchell,
President.
The present
payments amount to
bring the tax payments for this year to $1,461,436.,
tion
has
company
of
its
called
for
outstanding 5%
dividends.
County
Bank
Trust
&
agent.—V.
162,
redemption
Dec.
on
next,
6,
20.000)
preferred stock at $108 per
the Continental Illinois.
cumulative
Payment will be made at
Co.", 231 So. LaSalle St., Chicago, III.,
Natural
our
on
redemp¬
2021.
p.
Gas
Co.—Debentures
Offered—As
issue of Nov. 5 Kidder; Peabody & Co,
Oct, 31 offered $25,000,000 serial de¬
bentures, consisting of $9,000,000 1% % debentures due
$1,500,000 on each May 1 in the years 1950 to 1955, in¬
clusive, and $16,000,000 2%% debentures due $l,600,0OG>
on each May 1 in the years 1956 to 1965, inclusive.
?.
COMPANY—Company was incorporated
Company owns, operates and maintains
in
Delaware April
pipe
25,
1930,
lipe
in
length,
system of mairu
through whicla
it transmits its.awn
natural gas purchased or produced by It frort*
the Amarillo (Texas Panhandle), Hugoton (Kansas) and (to a relativelyand
lateral
lines,
approximating
3,168
(Kansas)
a
miles
extent)
Otis
to
where
in Nebraska, Iowa,, Minnesota and South Dakotar.
is sold.
Peoples Natural Gas Co.; a wholly ownedi
and operates natural gas distribution systems, pur¬
fields,
gas
through
Oklahoma
and!
points
such
gas
owns
PURPOSE—The
'
$ve
20c
for
agreed
and
proceeds
net
each
to
share
.
.
.
of
■
•
accrued
-estimated
reserved ;
interest
Construction
(2)
is
one
qt
&t
'
•
Serial
to
redemption
for
company
premium—!"-/.,- $16,000,00(5
property
and
facilities,
*
t
Common
due
serially
CONSOLIDATED
-
-
•Gas
sales
•
.
Authorized
$25,000,000
shs.
1942
1943
Depreciation
Depletion
Amort,
of
Taxes,
1,946,851
413,473
1,903,000
,
;,i.
12 Mos.
End-
' July 31, '45
$15,676,346 $16,366,42®
308,150
384,677
398,562:
State
Fed.
intangibles—
than
income
Federal
inc.
taxes—-
income
excess
Net
Other
2,181,250
2,248,753
346,400
353,295
2,276,46T
373,293:
1,921,000
1,976,000
2,016,200)
41,940
other
such
44,800
52,000
200,000
40,000
35,891
29,132
683,077
673,521
701,293
786,633".
operating
income
128,249
62,330
112,499
116,709)
2,088,800
2,164,000
2,211,000
2,302,900)
1,325,240
760,000
892,000
income
$4,057,292
$4,101,162
$4,275,566
(net)
income
955,00®
$4 581 07(
5,442
^
Total interest deductions
income
53,6T£
tax
taxes—
profits
31,073
37,006
43*,521
$4,062;734
$4,132,235
$4,312,572
$4 624 591
pursuant tp the under¬
j
r-
oppr.
Maintenance
Net
j.
revenues-,$J5,628,679 $15,362,614 $16,061,023 $16,764,991
purchased
2,840,757
3,068,151'
3,202,726
3,273,913;
of the con¬
4%% sinking
convertible debentures and warrants
entitling the holders thereof
purchase at $32.50 per share, at
any time within three years from
.
1,015,000 sha,
1944
$15,382,057 $15,054,464
Operation
15-year
,
QF iNCOMfE
Calendar Years—
—
f
^Outstanding;
1,
STATEMENTS
246,622
Total
Gas
•
May
May-1, 1965, incl
$25,000,000
stock
(par $20)—_—1,200,000
Other
-
and
additional
•
debentures,
1950
Gross
$2,000,000
the
by
—8,834,35®
purchasable
sell
applied
CAPITALIZATION GIVING EFFECT TO PRESENT FINANCING
reserved for
and
issue
issuance
be
-
:
special meeting of the
a
will
following purposes:
(1) Redemption of the $16,000,000 first mortgage and
first lien bonds, series A, 314%, due 1961, exclusive
Operating Revenues—
underwriters
severally
net
greater—V.
the
the
UNDERWRITERS—Company has entered into an underwriting agree¬
w|th the several underwriters whereby the company has agreed
se.l to
the
is
\
Pacific
601,733
586,644
548,445
$3,461,001
$3,545,591
$3,764,127
ment
fund
consolidated
whichever
served
H.
and
National
238,436
writing agreement.
to
sinking fund requirements for
with the year 1947. and
annual
p. dividend
shares of the
of
declared
the
the
and
subsidiary,
authorized
that
Dean
The
r
principal
at
Federal capital
Calls 20,000 Shares of 5% Preferred for Redemption——
,
and 20,000, shares
underwriters
representing
declared
2
Electric
also
on
for
$730,718
Kansas
WARRANTS—-Company has agreed to sell to the underwriter^, war¬
rants entitling the
purchaser to purchase at $32.50 per share, on or
befoye three years after the effective date of the registration state*
ment, an aggregate of 20,000 shares of common stock.
Such warrants *
are
unused excess
estate.
"
common
distribution
Northern
being sold to the underwriters.
total
&
taxpayers,
limited
the aggregate principal amount
issqe of $1,200,000 in principal
amount of convertible notes are to
be dated aa of the date of actual
issuance and payment therefor in
cash at the aggregate face amount
thereof, namely, $600,000.
a
be
and associates
convertible notes in
of
carryback, of
commencing
the
v
■
share
American
stock
communities
by
of
one
will
mentioned in
stock to be outstanding.
$600,000
'
Nov.
of
Gas
share
shares
Sept, 5, 1945, the stockholders approved a pertain
July
1945, between the company and Henri Sadacca,
the issuance to Henri Sadacca of the company's 3-year
out
The
of
real
subsidiaries,
■■■
form
directors
a
share
held
subordinated
$600,800
na
profits tax credits.
representing estimated refund!
share of North American common,
based on the current
price of approximately $45 per share of Pacific Gas & Electric,
.Checks
t463,9Q9 shs.
20,0p0
SUBORDINATED CONVERTIBLE NOTES—At
dated
Of
subject to approval
largest
r
These amounts .
certificates ;
in lieu
conversion y
of. $1,200,000 3-year 2% subordinated convertible notes.' tAn additional j
661 Vz shares of the common stock pf the company Will he Issuer! when
1,323 shares of Triumph are exchanged, resulting in a total of 464,571 -
contract
$40,000,
10%
its
on
the
t Northern
50,527 shares of common stock find, scrip
of fractional shares) required to be reserved for the
stockholders
deducting $34.-
♦After
excess
per
The
include
common
unused
$13,251
sale of
be. $24,000.
■■■
rate
Pacific
cents
j
500,000
500,000 "
"
J 266,532
*1,000,000 shs.
r_ '
debentures
of
Includes
on
be
or
and
payable Jan.
.♦Ry amendment to the certificate of incorporation approved hy^S.tQckSept,' 5, J945,, authorized^capital stoqk was increased from
shares to 1,000,900 shares of the authorized cqmipQO.
61,539
amount.
-
1945,
holders
not
special credits.
107.387
chasing all its natufai -gps requirements from the company.
.
$l)_(___Ji
stock
will
will
North
A_simllar
"
"
w"
profit
notes
in
of
cents
m
—ll--
•:
249,760
-
<
-
' '
$2,000,000
'
S564.735
special credit
income .as a result
$40,000
the
market
with int. at rate
1947,
(par
sets,
toys, .and
1,200,000
312,07(1
carryback
income
on
directors
at
of
"
$2,000,000
of
on
the
on
3,
Outstanding
* '
' -
taxes
.The dividend
follows:
are as
Authorized
stock
of
such
,
In .1943,
-
448,664
<
150,637
760,734
,1814,496
$40,542
taxes
company
2186.
shares
_
the warrants,
indebtedness of sub. cos.
mtge.
2%
wartime
restrictions, the decorative lighting business
of the company was
practically discontinued.
This business has now
been resumed, and for the balance of
1945, it is expected that products
in the decorative lighting field will
be distributed on a limited scale,
increasing in volume as supplies of raw materials and miniature Mazda
lamps become available.
f
of
1
sinking fund convertible
debentures, "due Qct,' 15, 1960T__"
3-year 2% • subordinated cony. notes_,
deducting
The
authorization
15-year 4%%
providing for
.
.
.
♦20,444
t6,597
income and
on
result
a
debentures
Co.
of $2,000,000 of the de¬
bentures now offered- (2 > The' authorization pf - $1,200,000' 3-ycqr 2 %
subordinated convertible notes; (3) the increase In the authorized numr
ber hf shares of common stock (par $1) from 500,000 shares to 1,000,000 shares, and (4) the reservation of 61,539 shares of common stock '
for issuance: lipon conversion of the debentures, and the 20,000 shares
25,
shares of
as
and
■
taxes
as
payable
„
.CAPITALIZATION—Tha capitalization, funded debt and notes pay¬
of the company and its subsidiaries set forth-below, is as of Oct,-^
for
enlarged from time to time so *
its subsidiaries were manufacturing
other suppliers
,
able
do
stars,, which were sold throughout the United States, Canada and Eng¬
land,
Company and its subsidiaries procured the component parts for
As
'
222,083
113,984
North American Co.—Common Dividend
Pacific Gas & Electric Co. Stock—
,,
t
}°ss by reason of the
"" "
"
' Cj
The company does not anticipate any
adjustment of these termination claims. '•
221,56®
443,651'
171,081
5,341,503
the
\
such orders had
on
133,587
mos.
thereafter,
p.
period from June 28 to Oct.'i, 1945.
Claims against such terminahave
been filed
only in the amount of $2,910' for'the reason
the
balance represents reductions given
at a. time .w^en /vyo^k
$4,988
of
<7
convertible
28', 1945 amounted
unfilled orders give
amount
$86,107
64,551
,
8,217,731
Federal
the
tions
was
items.as finished products..
>,
;•
the
Net Inc.
$37,458
198,138
%The aggregate annual interest requirements of the 15-year 4% % sink¬
ing fund convertible debentures now being offered will be $95,000.
while the annual, interest requirements on the
3-year 2% subordinated
y.
.
Income
$123,565
TNet Inc.
4,106,454
sQlidated
company as of June
These
Con sol.
profits tax credits and losses of the company and one subsidiary,
tineludes profit on sale of real estate in the amount of $55,097.
SCon-
for
exercise of the warrants
bell clusters,-table ornaments garlands
wreaths, caddies and candoliers, artificial Christmas trees
bubblelites
and ecclesiastical items such as miniature
altars, tree-top'angeis and
most
"
commenced.
not
orders of the
war
$11,551 and $5,367 as pf Oct. 1", 1945.
effect to terminations" or cancellations in
-j
T
i
5,387,379
tAfter
amounted to
$25,344 as of June 27, 1945 and $8,055 as of Oct. 1, 1945.
These un-.-.,
filled orders give effect to terminations or cancellations in the* amount g
of $8,777 for the period from June 27 to Oct. I, 1945.
Claims against
such terminations have" been filed only in
the amount of $1,955 for
the
reason
that
the balance represents reductions given at a time v
to
raw'materials,' etc.
4.054,434
fBefore
'
-
the
$2,791,975
—
income
,
orders of Air Conditioners Sales Corp.
war
CO.
were
GTT^special >crcdit representing estimated refund of Federal taxes
,
an
shares (irtcl. scrip certificates in lieu ^fractional shares), are
30,
Its
and
for
will
,v—
1945
t
500,000
■HISTORY
that prior to 1942 thd' company and
claims
Electrical
company in
cash outlay (exclusive of its bank loan of $500,000>
the purchase of 200,000 shares of Triumph Indus¬
total cost of $1,108,799; and (3) the balance of the net
be added to .the general working funds of ,the .company
1944
orders, as of June 28,
to $1,240,742 and as of
amounted
Ansonia
of
•3,583,791
1943
additional $40,000
soon as the supporting data can be prepared.
Ansonia
the remaining unfilled orders will be completed at the
it
Common
.
AND BUSINESS—Corporation was incorp. in New York,
1925.
From inception, company engaged in the business of
manufacturing and distributing decorative Christmas ornaments, prin¬
cipally Christmas tree lighting'sets with miniature Mazda lamps, and
is now, and has for a number of years been one
pf tjie largest manufocturers in the world of Christmas lighting decorations. Company does
not anticipate any greater competition in the future than in the
past
from the other companies which manufacture and sell
these products.
,
loans
with
;
1942
war
approximately $200,000 per month.
The unfilled
1st
•
unfilled
,!
'
j
a
1941
1945,
$72,883
.
■LISTING—Company has agreed upon request of Reynolds & Co. to
use its best efforts to procure the listing of the debentures, and of the
shares of common stock issuable under the conversion and anti-dilulion rights pertaining to the debentures and upon exercise of the -war¬
rants, respectively, on the New York Curb Exchange or other Exchange
to be designated by Reynolds & Co.
*
share.
bank
the
of
$5®&OQ.O and to the bank loans of the
Net Sales
amounted to $467,466.
The,unfilled war orders as of
Sept. 30,
1945/ give effect to terminations or cancellations in the-,
amount of .$576,557 for the period ironv June 28 through Sept. 30, 1945.
CJaims against such terminations have been filed only in the amount
30,
Common
June
from the es-
of Triumph
stock
common
the
the
and
its
at
gains tax
Triumph
1945, of the 'AnSpnia" Electrical-Co,
Sept.
rate
sinking fund convertible deben- ;
af 1031/2 find interest by Reynolds & Co. and asso¬
tares
of
Neither of
approximate average price
estimates
issue of Nov. 5 of the offering of $2,-
15-year 4%%
000,000
shares of
13,166
$39,498.
payment
1840
shares at a price of $3 per share, or an aggregate
to the close of the year 1944, Ansonia. purchased
former officer
a
of
will
was
owned
company,
debentures
approximately $3,150,480.
These estimated net pro¬
by the corporation as follows; (1) $R100,000 will be
used
the
1939
1
-
or affiliation with
the company or any of its subsidiaries.
The
remaining 72,173 shares of common stock of Triumph were acquired by
in the open market prior to May 31, 1945 at a total cost of
$725,318 (including the usual and regular brokerage commissions), or
excess
tax "accruals
in
tions
'
convertible
j
nection
profits tax .credit of 1.0%.
tNet income months ended Sept. 30. 1944, was increased by about $2,800,- >•
of
:
Electrical Co., a wholly200,000 shares of common
the sale of- the 3anticipated that the net proceeds to
is
the,4%%
Taxes on
Ansonia
Ansonia
'
deduction
♦After
Prior
$343,983,
an
tate .of
____
Balance
the
It
.
of
•CONSOLIDATED SALES AND EARNINGS FOR CALENDAR YEARS
These
.
total of 114,661
a
total
net- income....
Total
offer,
be
for
proceeds
of
$2)
$1,108,799.
of
8,419,599
1.552,760
Total income
Interest deductions
"v-
1
sale
to'finance additional inventories of
Triumph Industries, Inc.", acquired at a total cost
shares were acquired as follows:
On Sept. 30, "
1944, Ansonia purchased from Mr. Gustave H. Kann, a former Presi-.»
dent of Triumph/ trust certificates for an aggregate of 101,09,2 shares ^
of common stock of Triumph and 13,569 shares of stock of Triumph,
of
7,556,422
8,575:364
Drl55,765
income——
Other income (net)..—
Net
$
...;
41,958,975 180,767,973
46,437,204
,
$
66,207,589'290,040,872 265,547,954
162,954,000
16,692,192 75,516,040 69,557,627
73,406,193
revenues
Operating
'.
$
$
Operating
•-
to the exchange
subsidiary of the
.Prior
be
to
trical Co.
giving effect to the 1,323 shares, the total number of Shares 'of
Triumph stock exchanged for the stock of the company, will be 479,J42
1945—12 Mos.—1944
1945—3 Mos.—1944
,
used by
company for working.capital.in normal operations of its business;
(2) $608,799 will be applied to reimburse the treasury of Ansonia Elec¬
cluding delivery of stock certificates by certain members , of the Armed
who have
signified their acceptance of the exchange ofier).
shares.
End'. Sept. 30 —
Period
500
purchased.
be
to
,
■;
the
After
,r.
stock
common
approximate amount^Bf $600,000, the proceeds of which
.
Forces
,
will
tries, Inc.,
Triumph stock tendered for exchange but held in'a suspense
account pending completion and delivery of supporting documents (in¬
16 ,166,443,000
will
in the amount of
completely
a
notes.
the
from
notes
applied
the basis of one share of the company for two
of Triumph Industries, Inc.," This exchange offer ,
as extended expired Oct.-20. 1945.
Stockholders holding 477,819 shares j.
or approximately 96.5%
of the common stock of Triumph Industries,
Inc., exchanged such" shares for the common stock of rthe company,-,
,
1,467,197,000 1,600,640,000 15,159,362,000
—
and
_
company
convertible
realized
iiy connection
of the wires .havins glass insulation, t
*
Ansonia has developed and now maintains
1943,
Cq.
;
500
2Q,00Q warrants will be approximately $2,004,000 less estimated expenses
in the approximate amount of $52,020,, Accordingly, the total estimated
proceeds' to be received by the company from the sale pf the debentures
,
integrated plant, producing the entire finished" wire through all operatibns except drawing the raw
copper into wire, r'
ri «•.
..
a»d
2%
year
An$qni%
some
Since
&
-
PURPOSE—Company will receive $1,200,000 from
1
started to manufacture multi-ccmductor cables )
thermo-pl»stic insulation and to manufacture hook-up annuncia- i
shot firing, braiding, jeari and field wire braiding and antenna *
1943,
50O
T
"♦Covering number of shares of
shares of
of
Sales
sold
been
I.' M. Simon
Triumph on
commpn
shares
$310,127 - t$316,820
—
——
—
1936
1,000
100,000
.
1,000
200,000
100,000
100,000
Co...
1,250
200,000
...
1,250
250,000
Company
Burge & Kraus
Bateman, Eichler & Co.
of
250,000
200,00.0
have since
use
AQCUISITIDN OF TRIUMPH INDUSTRIES,. INC.—Pursuant to an
exchange offer, company offered to the stockholders of the 494,722
outstanding shares of common stock of Triumph Industries, Inc.,
to
exchange shares of
common,
stock
of. the company for shares
1,149,501
$110,127
loss
marine
invqlving q, dollar volume
of approximately $540,000.
AIT heater, cabinets are manufactured for
Air Conditioners Sales CPI'P- by tbe company.
t
>
$1,716,321
income
Gross
for
&
250,000
Company
and
Ball,
•
.
*
with
'
$1,688,864
27,457
Operating
income—
Non-operating
income.
»
Sutro
"
year
1,542,380
*
•-,
Brown & Sons
Ohio
Boettcher
.'In 1942 the comP&ny acquired all of the outstanding stock of Ansonia ■'
Electrical Co., which was primarily engaged in the manufacture and '•
sale of bare, weather-proof and slpw-burnjng wires, electric bells and ;
push buttons.
The sales of these .products were reduced in 1942 and
were
further reduced
in the ensuing years.'-,;. Commencing with the
'
Fed¬
than
tax
The
!
Corp.,
,
provision for income
profits tax.—V/162,
90,000
eral
income
of
1,206,027
—
other
Taxes,
$339,784 j
$419,853
excess
.
Sales
■
Navy, Bureau of. Ships, Merchant Marine and-shipbuilding companies.
As of Oct.
i, 1945, this" corporation had outstanding orders for ap¬
475,728
1,453,769
__
—
Depreciation
*
inclusive
are
Conditioners
proximately 62,000
1945—3 Mos.—1944
expenses
Maintenance
for
1,292,476
1,277,912
revenues
Operating
Operating
Misc.
2,017,132
1,320,104
Corporation—Earnings— *'•
Steam
York
New
Net
$3,649,392
2,259,985
'
Period Ended Sept. 30-
Fed.
$3,999,943
1,369,949
indicated for Federal
(No liability is
taxes.
Alex.
v
Heaters
.
2,579,462
" $593,858*$491,274
income''——1
'Net
1942
■'.
•
stock,
"
which became a whollyrowned subsid¬
iary. of the'company hf '1939, ia engaged in the manufacture and distriljution of electric heaters for hpusehold. industrial and marine use.
Corp.)
1943'
$4,440,685
2,698,548
1,406,802
etc:———
.
by
others.
Air
1944 " "
*
Sept 30—
date of the registration statement, 20,000 shares of com-*
and the several underwriters have severally agreed to pur¬
the company the principal amounts: of debentures and the,,
warrants set forth below:
Debentures
♦Warrants
Reynolds & Co.__:i_
12,250
$450,000 Baker, Weeks & Harden..
1,750
350,000
utilizing its facilities for the manufacture of parts for
Christmas decorative lighting products, which were formerly purchased "
(Including New York Dock Trade Facilities
9 Mos. End.
use)
effective
chase from
! '
company also plans to develop its plastics division (which, for
period following April, 1945, was producing mess kit knives for war-
a
Co.—Earnings—
York Dock
New
the
mon
The
100.—V.
at
distributiori channels.
its established
Monday, November 12, 1945
,
(Continued
on page
2310)
535,32!
$4,089,26
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4437
Volume 162
Stock and Bond Sales
DAILY
NOTICE-—cash and deferred delivery salee ere
New York Stock Exchange
«»
WEEKLY
-
2277
YEARLY
-
dleteferded in the day's *»nge, unlaw thej are the only transaction* of the day. No
account la taken of
suoh aalea In
computing the range for the year.
United States Government Securities on the New York Stock Exchange
Below
furnish
we
Nov. 5
Nov. 3
Dally Record of U. S. Bond Prleee
Nov. 7
Nov. 6
point.
Nov. 8
1947-82
Bond
Prleee
106.18
10
Low
\Close
.
,
,
sales In $1,000 units
■
01/
L°w
2%s,
Total sales in $1,000 units
Low
Total sales
in $1,000
1949-52-
units—
2%s, 1951-53-
~UJ»
[ High
j Low
__■{ Low
—
sales in $1,000
(High
ay*8, 1952-55
Low
[Close
J
«%s, 1954-56
[Close
units
[Close
Total sales in $1,000 units
2s,
109.2
j Low
:::
(Close
109.2
$1,000 units
In $1,000
Low
2s, March 1948-50
„
units—
.
„
,
\
Low
1
7
riigu
[close
,
Total sales in $1,000
units
_
[High
2s, June,
j Low
1949-1951
[Close
in $1,000 units
.
(High
[High
\ Low
2s, Sept., 1949-1951
Low
[Close
(Close
Total sales
sales in $1,000 units.
in $1,000
units
—
f High
2%s,
2s,
Dec.,
1949-1951
'
Total sales
[High
• %s,
3s,
j L°w
1949-53
(Close
„
[Close
in $1,000
units
f High
,
j
.
■
Holiday
(High ' —"
Low
-
Close
[Close
rotai
sates
Total sales in $1,000 units—.
in
sx.ooo
units
__
[High
High
2s, 1951-1953
J
;
*
Low
2%s, 1952-54—,
—
—
Holiday
{ Low
1950-52
\
—
[High
Low
(Close
1950-1952
Total sales in $1,000 units
Total sales in $1,000 units—
2% 8,
March,
„
{ Low
I Close
Total sales in $1,000 units
:
—
[ High
i LOW
1948
Low
[Close
Total sales
Total sales in $1,000 units—,
Total
2—
'
_
f Hign
„
Is, Dec. 1948-50
!Hign
1945
'
(Close
in $1,000
Close
S%8,
1
/ Low
'
Total sales
Low
2%s, 1960-65
100.27
"22
'
[Close
.
113.20
100.27
I Hign
2
Total sales in $1,000 units
100.23
100.27
5
Total sales in $1,000 units
113.20
Total sales In $1,000 units
...
f Hign
■{ Low
113.20
[Close
^
2-2
units—
1947
_
%
.
(High
\
10
roo.23
100.23
[Close
Total sales
104.27
;
Low
J
109.2
[High
8%s, 1956-59
104.27
104.27
.
$1,000 units
As, 1959-62
sales in $1,000 units
sales in
in
[High
2
[Close
Total
Low
[Close
] Low
!%S, 1951-54
L—22"
2—
[High
1956-59
Total sales
[High
Total
112 *
$1,000 units-
113.25
2%s
8
8%s. 1948-51
in
113.25
113.25
Holiday
"21
[close
Total sales
—
[High
i Low
I_I
Total sales in $1,000 units
;,1-
j Low
Total sales in $1,000
•
I
Holiday
[High
V
units
i
sales in $1,000 units
$%s. 1955-60
■
.
[Close
Total
Se, 1951-55
Close
Total sales
___
103.14
—
[ciose
in $1,000
103.14
—
___
Low
"2222"
103.14
units
5
Total sales in $1,000 units—
[High
%s,; 1956-58————
108.12
(High
108.12
[Close
2
108.12
Low
J
1951-55
SS.
.-J
Total sales in $1,000
[Close
[High
,
2s, June,
f High
Total sales in $1,000
[Close
2s,
[High
Total
I Close
Total sales
2s
101.29
(High
•{
a%8, June, 1964-1969
i
101.30
101.30
*1
Total sales In $1,000 units
1
l%s
[High
101.30
{ Low
1964-1969
101.30
2%s
f High
( Low
1965-70
101.21
i
sales in $1,000
101.21
\
.
,
/
,
units
(High
Total sales
101.27
101.10
101.11
101.12
101.12
Low
101.10
101.11
101.12
101.12
(Close
101.13
101.10
101.10
101.12
101.12
101.13
J
iy2s, 1950
101.27
101.21
[Close
Total salea in
1
106.12
106.12
j Low
„
[close
Total
101.31
106.12
units
101.31
1
In $1,000 units
103.23
...
—
/High
1948-
6
103.23
___■
_.j Low
[Close
In $1,000
103.25
103.23
.
(High
101.31
101.30
[Close
Total sales
Total sales
103.25
103.22
w
,
units-
1953-55-
101.30
101.29
101.29
Low
I Close
2%s, Dec.,
sales in $1,000
•-'.••/"sv:"-'
in $1,000 units
103.25
103.22
1
___
[Close
{ Low
2%s, 1963-1968—
103.22
"
222
*4y2
[High
j Low
1952-54
Dec.,
103.15
units
Total sales in $1,000 units-.—
"
103.15
J
1952-54
i Low
222
103.15
Low
[Close
.
-
i,ow
units
8
Total sales in $1,000 units
2%s, 1962-67
31
—
1
[Close
Total
105.28
21
[ High
Total sales in $1,000 units
SS, 1946-48
101.4
68
105.28
I Close
_
101.4
101.4
Nov. 9
105.28
1967-72
I High
101.6
101.4
100,31
•—~
...
(High
Sept.,
101.4
101.1
100.28
84
Close
Nov. 8
5
100.25
„
•
Nov. 7
100.28
Low
(Close
units
Nov. 6
101.18
101.18
101.18
—
[High
A
Total sales in $1,000
—
(High
during the current
101.1
—
units—!
In $1,000
.
2%s, June 1967-72
[Close
Total
Nov. 5
—
1
Total sales
[High
"1 ^°W
Nov. 3
[High
„
'
3%s, 1946-56-—
the New York Stock
Exchange
on
r"*sar*
2%S, 1966-71
106.18
units
coupon bonds
■
Daily Record of U. 9.
106.18
[Close
Total aalea In 11,000
■
Nov. 9
[High
1 Dow
Treasury
4 Via,
Home Owners' Loan
daily record of the transactions in Treasury and
a
Figures after decimal point represent one or more 32d of a
week.
In $1,000 units—.
6
6
101.13
101.27
$1,000 units
1
3
♦Odd
lot
sales.
_
2
1
5
JRegistered bond transaction.
NEW YORK STOCK RECORD
LOW AND HIGH SALE PRICES
Saturday
Monday
Tuesday
Nov. 5
Nov. 6
Nov. 3
$ per share
79%
80%
*112
114
*94
98
81%
*112
—
114
Thursday
Nov. 7
$ per share
4 per share
*8oy*
Wednesday
$ per-share
81%
—
S per share
81%
*112
114
113
113
*94
—
98
*93
96
'
14%
33%
14%
33%
97
*93%
17%
■
33%
44
3D
30%
31
48%
49%
115
7%
7%
♦112
5
53
64
38
38
106
24
175%
20%
*102
24
*102
24
176
176
20%
20%
—
•
24%
—
20%
341/4
36%
37
footnotes see
page
—
—
<"
2287.
106
25
25%
178
180 y4
20%
—
34%
37
—
39
20%.
31%
50%
115
7%
5%
64
*101
—
178
34 y4
:—
*112
54%
38%
106
36%
For
51/8
64
—
45%
31%
49%
7%
53 %
;
—
38%
34 V8
50%
115
18%
Nov. 9
4%
50
7%
-
5
52%
the Week
f per share
85
*93
Abbott Laboratories
4% preferred-.
Abraham & Straus
1.200
114
10
15%
34
17%
*44
31%
49%
115
7%
4%
34
Motors
Acme Steel Co
900
8,400
.
38
*101 %
25 %
179
*20%
64
38%
106
Address-Mutlgr Corp
Air
25%
181%
21
34%
35
34%
35
37%
39%
39
40%
341/4
39%
32y8 Jan
39% Jan
>__1
25 Vb
185%
20%
1,700
6.700
'
1,200
34%
6,500
39%
22,100
15
Nov
Oct
19
10%
26%
8
19%
15
8yi Jun
'
24
5% Jun
11
22
60% Jun
21
Jan
23
88% Mar
28 y8 Jan
24
39
91
Jan
11
13
y2 Jan
2
25% Nov
7
153 V* Mar 16
185% Oct
2
2iy2 Oct
17
Alleg & West Ry 6 %
gtd
Allen Industries Inc
Allied Chemical Ss
Dye.
Allied Kid Co
_
Allied Mills Co Inc
Allied
Stores
Corp
.100
—1
~ No
~
__
f/o
._T_
No
par
-.5
15% Jan
2
•
104
75
Jun
Jun
64
Deo
10%
Deo
14
Deo
Jan
33
Deo
Jan
24%
*
2
Jan
Apr
Mar
Oct
43
July
100
Deo
7% July
3y«
Deo
23%
Jan
S6
Deo
1
7
37
Jan
62
Deo
24%
Apr
29% July
May 28
70
Jan
91
Nov
.
5%
21
2% Jan
No par
04%
114
Jan
37% May
July 10
6% Jan
Stl Corp
8% Aug
7
34% Jan
Alghny Lud
Jan
Highest
I per share
13
—10
56
47
16 Vt May 19
120
2
Feb
108% Nov
52% Oct
22
par
share
52%
2
Corp
~
1
pf A with $30 war™.. .100
$2.50 prior conv
preferred-No
5,400
106
9
Jun
96
44
2
98y4 Jan
per
31% Nov
6
par
share
34% Sep
18% Nov
24
5 Mi %
1,600
38%
2.
23
13 '/a Mar 26
22 y8 Apr
Year 1944
Lowest
115
9
15/
Par
Allegheny
7.600
2C%
No
53.700
38
9% Jan
25 y2 Apr
per
85»/4 Nov
22
-100
Reduction Inc
4%
63%
Jan
.-10
Alabama &
Vlcksburg Ry
Alaska Juneau Gold Min
10
64
25
No
11,500
51
181%
—1
7%
115
50
*101%
2.50
—
_10
500
*
64
Co
Express
Adams-Millis Corp."
7,800
•
60
'
S
share
111V* Apr
No par
Adams
per
GOV* Jan
No par
100
2.400
45%
31%
50%
ACF-Brlll
17.400
18%
$
Par
96
14%
Range for Previous
Range Since January I
Lowest
Highest
EXCHANGE
Shares
851.4
♦112%
34
18%
*44
31%
49%
14%
34
18%
44
7%
53 y2
64
14%
34
18
*112
5y8
54
5%
37%
..
7%
64%
5
53%
•
31
■
-
115
7%
14%
43
—
3iy4
48%
*64
14 y8
■
—
17%
42
48%
*112
.
-
33
33
18
45 Ve
18
*44
—
14%
14%
83
80%
STOCKS
NEW YORK STOCK
Sales for
Friday
Nov. 8
9Y*
141
Jan
Apr
13% Mar
15%
157
16%
Deo
Oct
Deo
Feb
par
27% Aug 21
35
Nov
7
29
Aug
35% M*r
par
20y8 Jan
40% Nov
8
14%
Jan
22%
24
De,»
RECORD
NEW YORK STOCK
:
Nov, 3
$
share
52
50%
51%
127 »/2
127 %.
127%
127 %i
128*4
129 */a
130 */a
131
131
125 %
126
126
126
126
127%
130
131
13C
32%
7%
49 V2
*47*%
33%
8y4
*32%,
7%
49%
33'4
7 Va
;
32%
*32%
8*4
54*4
143
141
141.
140 V2
*37
37 Va
37%
37%
38
38%
90'4
90
91*%
91
92%
87%
34
33%
74
74
74
18%
18%
20*4
51
51%
18%
50
50 >4
50
136
i
13%
7%
17*4
39%
6%
6%
*ii4y2
.,,39
*106'/a
43
43
974
43%
.
12%
12%
94*/a
11%
12%
12%
*12*4
12%
14 >4
52
*£
*52
35
35 »4
121
121 y8
34%
35
> 17 Va
„
;
17%
13%
13%
*12*4
12%
300
14
AOO
*13%
52*4
17%.
17„%
35%
17%
32 */a
139 */a
58
58%
11
11%
94
93%
~
85
85
16%
17
,58
10%
58%
58
11%
10%
92%
92%
92
11
92%
83
84
82
84
85
16*%
16%
16%
58
16%
30
30
41*%
41*4
41*4
41%
33%
31%
31 ya
31*4
42
:
43%
*42%
189
188%
43*4
.
89%
X88
89
88
88%
90%
91
22
7.000
61%
*118*4 119 Va
617s
63*4
63
64%
4.900
American
*118*%
119%
*118*4
27
26
128 *
*77 Va
39%
*42
-
8%
12%
112 y4
42%
-
;
120 %
134 %
16%
17
9%
9'/a
9%
28 Va
23%
125
125
125
134 *%
135
137
58
19
19
•
35
138
139
139
*137
76
41
41%
-
•
51
*50
51%
113%
75%
77
105%
>87%
.
■
r
•
>
%
138%
*50
18 V8
41
*81%
85%
v
40
39%
113
114
20*4
11320%
57%
83%
♦123%
51%
■
y
*113
114
1.100
75%
5.900
1.600
41%
2O0
21%
10.700
57*4
57%
57*4
57%
800
85
85%
86
85 V4
86
690
114%
21
-
21%
21*4
8%
8%
r
27%
17
18
400
1734
3.200
112
40
17%
17
112
112
119
20%
20%
,21%
i'
87a
"-
8%
87a
28%
preferreo
Dec
24%
Dec
17% Oct
15
"8%
Jan
12% July
33% Oct
22
>
•
97.100
v
63
Sep
12% Nov
-
;
32
4
17% Jan
15
21
Nov
Feb
66 %
9
40
Feb
60%
Dec
Sep
25
:•■,'■•■■ 9
Jan
12 %
Aug
Mar
16
163
Jan
y
9
of Illinois—
Artloom
7
6%
1%
2d
g
&
Atlantic
4%
43% Mar
9
29 % Jan
109
12% Aug
Atlas
5%
—1
conv
Co.-
of
44 */a Apr
2
■
107
Dec
Dec
4
Jan
44
Feb
65
24%
Jan
29 y*
Dec
25
'■
Jan
39
Dec
Jan
28% Juiv.
.
20
6y8 July
Dec
'
30
7
9%' Jan
5
2%
Jan
4%
Aug
7
4%
Apr
v%
Jffly
NOV;
,
14%
4
Nov
'5
74 Ya
Jan
107 Va
Dec
Nov
7
85
>
Jan
119
Jan
59% Nov
8
35%
Apr
19V4 Nov
7
9'/4
Feb
18% Oct
22
8%
Jan
x36 % Nov
8
12%
Jan
Nov
7
90,
Jan
113
Dec
139
Nov
3
85%
Jan
113%
Nov
51
Oct
22
Mar 27
>10
2
Jan
Jan
20
Jan
3
•
2
l8
113 *
v
111
y Jan
45,'v
Mar
•
135
■
4
9
-
16
76% Jan
31
101 v,
Jun
30
115
Nov
101
•
Jan
;; 48% Jan
33% Feb
-
Apr
Jan
6
Jan
14% jan
% Oct
Nov
Jan
17%
57 y*
86
'
Sep
27
Nov
8
114
62
Apr
52%
112'
May
14 % May
9
1
Oct
31
66
23% Sep
14
14%
0 m, jun
28
4%
rj-l Uov
120%
20
Oct
Dec
Oct
Jun
Aug
Dec
7
26% Nov
.
115
-
2
6%,Jan 24
,
'•f'y
76"
32 va May
11%
;-y 18% Nov
2
Nov
53% Jan
i
23
Dec
Dec
38%
Feb
125
10*4.Jan 22
77
doc
55
Jan
j
25
18% Jan
Nov
83 Va
24%
Jan
Dec
108 Va
106'/4
59%; Jun
24
>
Jun
45% ''sep
107%
58
2
Jan
,
19%
5
19
60
13%
Feb
25
11
Oct
Nov
Jan
Jun
12 */a July
114% Aug 28
21% Nov
8
22 0
113
y
81
40
v
>25% Jan
'
20
65% Feb
6
"
.
25..
Oct
42
1
82
1
46%
May
103% Jan
53% Jan
25
> 79% Jun
22.
71% Sep
7
30% July 27
110
33
108% Mar 23
105% Oct
•
_6©
—
Aug
Nov
9%
ll»/2 Jan
—No par :
<the»
16 y4
100
Jan
14% Nov
2
141
No par
Del
Dec4
Jun
120% July
0% Nov
30% Oct
17
17
14% Jan
—_—————
July
15%
42 % July 27
preferreq——.—..—100
avta.tinn.Corp
Jan
F
July
75
152% July
-112% Oct-15
125
•
-100
65 prior a——
Jan
9
Nov
75
f
Jan
1
42
>
13
6% Jan
6%
: 84%
"•y 6%
yy
*56% .July. 12 >'
.
111
atlas tack Cqrp——2—No par
Austin Nichols.
—No par
Autocar
v.
-
102 % Mar 27
50
Powder——__j_.
39% Nov
83
6
4% Jan
y
preferred———100
...^
—23.
pref series a.
6
23% Sep
•.
Jun
9
22
Apr
5
11% NOV
-
Dec
""--49
Apr
y
.
v166%
>
67%
:
Dec
Jun
Jan
39%
8
Nov
130
8 y
-
9
nov
Dec
31%
Jan
116%
29% Jun 28
July 20
38% July
v
—
preferred-
6%
19% Nov
112
■
2
38*4 Jan
24% Jan.
y
139
9
2
•
56% Jan
57% Jan
8
121% Mar 15
11 }
Jan
Jan
8%
23
99% Jan
:
132
18
7
Dec
56
Jan
156
Oct
64 % Nov
25%
26% May
:> 22% Nov ;7
27
y8'/4 Jan
1
Lines.i—
9
Dec
19% July
Feb
9
Jun
xl61
>
29
2
91% Oct
89
.
13
Dec
28%
'
111
3
Nov
2
116% Sep
Dec
Dec
152%
Jan
20 yy; ie%
66% jan
Jan
Corp—
Atlas
Jan
150
27
43% July
Jun
15
65
Refining
conv
22%
196 % Nov
100
___100
preferred
w l ss
1
9
2
13% Mar
Dec
45%
s
Nov
146
6
30% Sep
2
Sep
Dec
185 va
Jan
42% Nov
3
18%
19%
37%
'
Aug
31
65 */4 j an
77% Dec
39% May
26 % Nov
12
145% Jan
No par
5% preferred
....—,100
Atch Topeka A Santa Fe
J00
5%- preferred—
.--100
Atlantic Coast Line rr
tlq0y
Atl
164
9
Jan
,
147
'
45% Nov
•
preferred-—
1st
t
Aug
17% July
r
Jan i
Jan
,36%
8
50 % Nov
.100
Goods,™
Associated Dry
62% Oct > 1
175 % Nov
29% Jan.
Co
i.:
No par
Corp————3
Corp—______—No par
>
26%
9
Constable
Arnold
i
7
2
3
1;.
Jan
Jan
>
3
$6 conv prior preferred ____J7o par
preferred
Armstrong Cork
8
41% Nov
157
12.50
,,,
7%
31% Nov
■
12 %
62%
8
Dec
180
•13% Jan
13% Feb
15
33% Nov
:'44%
vV
15
Oct
y60*/2 Jan 23
Andes Copper Mining..,
—?o
a p w Paper co Inc__„
»
Arpher-Daniels-Midland —:—-no par
Armour & Co
28% Oct
99
40 v4 Jan
128% Jan
Aug
va Nov
184
•
Feb
3%
■
18
2
153
' Jun
89
41 % Apr
.
Oct
Dec
43
98
2
Aug
130
■
Jan
2
21
9
Dec
26
Feb-
20
115% Feb
142% May 24
164% Jan
-,v
No par y
—21% v
Anderson, Clayton & Co
Dec
111%
23
50
—
Aug
:Jun
Feb
2
•'
301,100
tt
32
2,700
21
*
-—itfi
9
40
*^24 *4 126 Va
26%
26 y2
.
*26
28%
*112
115
125
125
126
17%
r*4
3*
114%
21
57*4
*26
$4
non-cum
8.000
387a
J14
114 •
21%
Feb
Jan
5% Mar 27
Anchor Hoelc. Glass Corp
•
85%
82%
*124
8%
.-38
57*4
17%
21
3%
*113%
<-
fio
15.400
20%
26 '/a
17%
40
14%
14%
—1
Assoc Investment Co
20%"
125 Va
*26
21
39
40
50
30
138 Va
100
"74%
76
3,800
107
114
2.400
•
340
09*4
113%
•yV
36%
*105%
~
41*4
*81%
87%
*81%
75
41
41
41
41-
41
57*4
18
y4
*135
139
♦83*4
26
8%
*135
20
125 V2
20 Va
139
115
115
*112
139
36%
135
"
113
57
83%
17%
xl35
700
;
114
20%
*123'/a
135
4,600
19 y2
•18
is y8
135
5974
*19
100
39%
f:.,-.25y?
*19
19*4
X58%
59%
19*4
107
*81%
*56
59 %
99%
39%
*83
59
"105%
87%
20
150
100
39%
V 102,100
1,000
36%
77%
14*4
141
99*4
•
1,900
126
18
115
28%
140
x36
115-
500
9.500
9 %
*125
18 v4
*50
3.400'
144
36 *4
51
20
125
105%
*81%
,*113
137a
14%
14
300
..
124%
99
76%
77%
28'4
10,
Oct
80%
Jan
Copper Mining
Anaconda^ Wire- & Cable.—No par
5.200
*141%
'
107
115
115
9 *4
28%
97*4
97%
115
28*4
i
,
42
112%
17
17
9%
♦105%
107
96
52
50
100 Va Mar 26
prior conv preferred
9% July
Jan
1
—100
—
Anaconda
;
17*4
18
*139%
f. *50
51%
*50
♦105%
40%
42%
35 %
135
>.*132
52
1
>■ ~m%
;
46
25
32
No par
Woolen—
Amer Zli>c Lead Si Smelt
$5
32.800
42
18
...34%
*132
19%
,
"
•;
100
39 34
*112
35%
17%
18 Va
•
19
58*4
:
42%
141-
57%
ya'-
40%-
16.600
:
83
112*4
F9%
14%
14
13%
12%
5i
39*4
:'
42
28%
57%.
18
34%
40*4
*111
17
122'/a
-
F.
39%
*16%
42%
•
19
f'
40%
v
-
Preferred
1.900
11%
11
*80
preferred
wks <fe Elec—
preferred
American
27,700
130
'
51%
38%
112%
f
57%
v
39%'
28*4
f
12%
-
39%
16%
28%
120%
10%
81
42
9
*130%
10%
81
38%
42
9
28%
10%
81
53
52
128%
13€
128%
Jan
Nov
15% Jan
•
14
—100
No par
No par
66 1st
400
•'.
Apr
6*/g
8
123
,75
Jan
18% Jan
,
.
—10
Viscose Corp_tr
Dec
36% Oct
176
'
.
100
Foundries Inc
79'/2
11% Mar 27
—25
—
Aug
;
16
23
30
—23
b
Oct
7%
Mar 26
21
•
100
Water
Am
52.200
7
28*4
27
5%
200
V-■
1974
112
112
27%
26%
119%
18%
;
112
112
27%
130 f,
112%
*112
42 V\
16%
,
*15%
39%
39%
53%
-38%
112%
*112
*77'/a
81
*53
38 Va
38%
10%
10%
39%
53%.
*53
%
-
130
130
♦77*/a
81
39%
■>'
26%
27%
26*/a
*117%
18%
177e
112 */a
•112'
119*4
119%
18
17%
18
113%
10*4
10%
ioy*
119 »/a
130
128 y4
■
■
*
60%
61
;>y>%
7
Nov
76%
14% Oct
,
54
Jan
-
.12% Nov
•
22
108
46
:
-
Jan
37% Sep
Jan
No par
Tobacco——
ciaas
Amer Type
•59%
3
26
100
preferred
159
59%
:
uuiiUliun
6%
22
158 34
8
•
Tobacco
American
21%
159
Co
!
Sumatra
21 >4
21%
;
Am
22%
158*4
Nov
27 v2 Jan .2
par.'
No par
>. 17% Jan 16
3
.22% Jan
No par ?
v 41
Aug 21
—
100
Sugar Refining
450
*59y4
17%
Stove
2.800
159
1
—No
Amer Telep & Teleg Co
2.200
90%
22*4
Nov
12% Nov
8
7% Jan
>
Mar
...65
Dec
ey4 Aug
■
Jan
> 48% Apr 22
—23,
—100
Jan
40%
39% Mar
9
3
12% Nov
•
23
100
Foundries™
Steel
Dec
1"
Apr
.
13
2
preferred-
Apr
94%
3%
9
2
100
Preferred
14.900
X90%
158%
9 '' Jan
y
Safety Razor...
non-cum
Jun
25%
-;.y 33
'57% Nov.:
15
2% Jan
—
Mar
5% Mar.
102
Jan
102
Jan
41*/2 Jan
—
29
.
Jan
">•■59 yy
101 % Nov
•
5.
6% Jan
70
-
.,
1
2
-No par
No par
American
1.000
4574
196
90%
22%
*112
196%
195%
45%
194 y4
.
.
26
American Stores—
100
88*4
159 %
18
45%
45%
Jan
2
Amer
2,500
155
*150
5
y
—No- par
Snuff
Dec
Jan
31
24
American
30%
53%
53
52%
150
3
10% Oct
22
6%
7.-700
y y y 3.000
89%
21%
113%
52%
150
45*4
*29 Va
30
30
:v
53
26*4
14
22
Preferred
,.y,
87%
159*4
17 "Va
*154 " {158
;4078
417a
>
26
25 74
46% Jun
11% Jan
American
Aug
15%
9
24% Jan
preferred
•f
'
oct :
10
68% Jan
—18.50
American Seating Co
No par
Amer Ship Building co—'—.-No par
Amer Smelting & Refgp
No par
160
26 y4
32% Oct
109 % Nov
par
Rolling Mill.;
Dec
4%
11%
s:
68
9
nov
1
54% Jan
conv
y
.
Jan
>
" 23
,
Dec
'.*.36%
*
>60% Jan
American
900
i
28
Aug
1.
;
Apr
'
650
V
.
■41%
2% Mar
is
20%
107%-Dec
*■
,>21% Sep
9
2
Mar
f: 47 v Mar
par
No
•'■
>
Feb
,101%
•7,,"Nov.,< 9
117
par
4va%
6.900
49*4
88
159 V*
*112
158
40%
'
59%
175 %
49%
89 %
-89 '/a
21%
159 y4
'•
5S7a
v
49
43%..Tun
3
3
2
Jan
130% Jan
...—
> 131% Nov
'
par
preferred
preferred
27% July
115% July
Feb
.
108%
19.
Dec
Jan
Nov
i 23
107
>9
Nov
18
-—100
News Co—.
American
360
,
"
195%
193
191%
87*4
87%.
F
153
44%
44
189*4
;
87
89%
29*4
52%
*150
152
♦150
152
-29
52'%
52*4
51%
51%
25
29*4
*28%
29 %,
*28%
*150
%
25
24%
25
,
.Jan
2% Jan
Nov
8 % sep
2
& Stand San'y.—..No par
Preferred i—
:
100
1,900
,174*4
59%
175*4
49
'
*41*4
53
3
27
.
■*
No
Power a Light-—:
$6
3.400
;
■rt'
99%
i
38% Jan 24
No
Metais—
$5
yy 4.800
41*4
3% Jan
10% Jan
.:
24
...Am Rad
30
♦
F
*154,;
41%
25%
Amer
13.100
33
59*4
156
41*4
41 %
40'/a
41%
180
33%
V
174
50*4,
156
156
156
156
29.500
17
180
—
Jan
%
•••
96 34
w
59%
49%
1
>y
175
174
-
49'/a
48%
49
*24%
175
175
■(,
Fv
41%
59*4
59%
59*4
59%
;
16*4
17
31
29
29*4
6,100
'
27*4
31
28%
5.700
89*4
183
33
30
98,
86%
27y8
33
29
95
9G
29%
*29
.
11%
Jan
26
100
Co
preferred
6%
American
56.800
86
r.
640
127«
'
97
28%
96%
*28%
5774
57
•
27%
94%
41%
Metals Co JLtd
96%
27%
95%
156
Amer
preferred i
>'■ 68%
■
70
?
27
28*4
95
*48
3,900
94%
*180
27%
95%
175
&
11
57%
16%
28 Va
59l/a
1.900
Mach
140
*138*4
140
4,; 57Va¬
183
*180
181
181
186
"
95'/a
174*%'
17%
Amer
-
139'4
28
•40
&c f ly
33 %
17*4
32%
33 y8
32%
Mach
42% July
29
26% nov '
,
Nov
Apr
109% Jun
par,
___!
7%
Amer
183%
Jan
Oct .18
149
.
95% July
Mar
33%
2
37% Oct
Oct
170%
:
141% Oct2
•;
May
82
11
25
Apr
Sep 19
125% Nov) 8
2
20% Jan
No
:
July
81
"
No
Locomotive
14
>y;-
10% jan
;
—i,
50
1"
preferred
conv
700
'
140%
5%
American
Sep
7
*■>'14 > mar
par
ih
oi
5.500
36*4
35%
17%
il'4
93%
32
*139
:
Co
133
9
deposit,-——i—2.1':
american-invest
:7v, 27.300
122
*120
36*4
17 '4
32
32 >4
140%
35%
Corp_:„__
Certificates of
210
52
■
357a'
35%
120*4
35%
14
52
52%
120
*138
32
32
f
14
Internat
Amer
4.400
12%
35%
35*4
*139
*181
12%
126% Apr
' 9
•:
—j 00 v
No pair
preferred—
6% non-cum
400
13%
127a
119'4 120
35%
35
17*4
„
35*4
35 */a
121.
.;
102
:
53*4
35%
*52*4
7-7;
8
25% nov
•
No
Ice
Jan
3
',30%
,
■—-§q
-1
preferred——.
Jun
46
67
'
3
105% Apr
h}de & Leather—,.-...-!
conv
American
7.000
H7a
F
.14*4
14
6%
American Hojpe Products
Dec
19%
Jan
60
22
American
200
2.600
72%
Jan
37%
13% Jan
8.000
934
57*4
Jan
.7%
'-,',18 va Jan
:
No par
_j._-_No
i.
Dec
23% July
9
112*/a Oct
112% Mar ,'9
f
Jan
45%
5
195
5
■
31%
Dec
Apr/
,
14% Nov
.; 5 h
Jan
May
16
18
21
Jan
..91
101*4
102
102
.
|7. 2d preferred a—,______No par
16 preferred-.:
—No par
American Hawaiian ss Co.
10
57*4
11%
12%
102
12%
13
♦12%
53v
35*4
.
*120
11%
27
110
•
96
97%
96 Va
par
Jan
'
110% July
55% Oct
■135
y Jan ,,!' 8
par
preferred
$7
1.200
45
9*4
f
56
95
,
45
10
F
56
*
v :
■y 96
Export'Lines Inc..v
Amer & Foreign Power
13.800
317a
109*4
45
39-
2.500
29%
108*4
:
14
14
52%
*14
103
12%
12 *%
12%
12%
*12
700
30%
934
4
'iy
12*4
*102.
> iooy4 iooy4
102
*100
10*4
57 '/a
12%
12*4
.
9%
92%
58
91
M 27.000
109%
44
*56%
10 *4
*56%
58
91
91
American
1.300
7
'
6*4
117
2978
44
92
10
9%
-
*56*%
40
117
40
'7
*
43%
44
2.200
1.700
109%
•
109
109
108 */a
108%
108%
7%
Dec
NOV
21% Nov
17;.
183% Jan
___100.
Jun
Mar
26
7
y
>89% Feb 15
Color type co_-^._—,—.10
-
Oct
10% Aug
w
Pdy____—No par
preferred^——100
No
,
40 "
7
Nov
80
Mar 21
128
Crystal sugars.—____10
6%
1st preferred—....
;__100
Amer Distilling co stamped_.___20
American .kincaustlc Tifing...—
Amer European Sees...
..No par
36.700
53
4.'17%'' <18
6*4
American
20
l
x41
:
92% Nov
35
69% Jan 30
15% Aug 21
,
.
1
;
— 1
——._'_25
„_y..._.__100
preferred
Jan
Dec
4%
42%
Jan
82
15
2
Cable. Inc..
&
conv
2
/39%Oct
24
American
3.000
107%
Chain
July
24%
Apr
28%
7
24
&
Car
118
Apr
17%
NOV
'143
21
Aug
28
American, Chicl?——^.-.—1 -n<j par
6.200
257a
7%
v
116% '
116*4
30%
y
40%
6*4
116
30;;
30%
29%
8
40
6*%
6*4
116
116
*114%
30 >4
40%
39%
•'
6%
f
y
6
103
a Radio Corp
non-cum
5%
370
26%
50%
17%
•17%
210
*107
49%
7%
17*/a
Am
3,000
145
25
107%
46
37%
% 25%
25
'
7%
600
-
-
139%
144
25%
*106
3
'
145
•y-
*26
37*4
*137
138*4
25
■■Vr
46%
*16%
39
'
6%
ii6
30
8
774
17%
17%
17%
39%
'
'
American
5.7o0
share
40% July
Apr
•
^^—100
Preferred
9
.
35
10
3% Jan
-r—r—^0
Can.
American
150
8% Nov
28
7
per
8
Sep
55'/2 Nov
Jan
43% May 14
<
.
33%
105
Nov
131
25
Oct
23
Jan
preferred
Cable
Amer
0
3,700
11
Highest
$
share
per
11
Oct
-10
preferred
^5%%
,
Oct
134
42% Jan
American Bosch Corp„__.
*arn Brake Shoe cqr^_^_r—No
80
-
95.0
61%
*124%
37%
142%
■
107
42%
'
F> 25%
24 %
107
43*4
42*4
43 Va
43%
*
125
60%
61%
125%
128
25*4
24%
107
*106
107
*106
146
24%
24%
24*4.
24 */4
*24
>
.
ff 36%
37
144
24^
:24
.
138
145*4
145*4
•
192
61
•'
102%
■
125%
36%
138
*
24 y4
'
132%
*130%
.-
13%
*137
*135%
144% 144 y2
*24
132%
61%
♦123*4
36%
4,7..)
102%
61%
123*4
53%
192
,61*4
36%
52%
14*4
•61 '
122
54
54
2
20% Jan
Note—
bauk
can
6%
y-
17.300
191
191
36%
.136 */4
36%
.
149
2174
102%
103%
190 y8
122
*121
75
21%
.
13%
-14%
102%
190*4
61%
75
21%
121
$
2
.
,^4-——-5
Airlines
Year 1944
Lowest
$ per share
share'[
113% Jan
Agricultural^ Chemical-No par
vr
5.6C0
74
20%
191
13%
102*4
190*4
60%
34%
34%
34%
74
»
102*4
14 y8
101%
;
Amer
American
52%
■
;
-13%
191
14 >4
1.100
88%
per
38 Va Jan
Na pat
—_100
(called)
.100
Mfg
preferred
preferred
Portland citm
4.80Q
38*4
86%
*130%
102 Va
13 %
102
*190'/a
38%
90
$
—No par
amaigam Leather Co Inc..
1
6% conv preferred
1
.___50
Amerada Petroleum Corp__.No par
2.500
142*4
38%
34%
FF
130
129
130
130
130
*129
142%
142 */a
86%
53%
18%
Va
11,100
38%
.
35
32%
74
18
23.700
conv
Alpha
'
*73%
r
32 %
32 Va
*73
8*4
55*4
55
54%
142
•
*139
'
54%
800
conv
4%
1,600
32 34
4%
1.400
130*4
8*4
8%
*
131
'
32*4
33
8%
54*4
1
52
140
33
j..
■■■;■;, Par
■■
Allls-Chalmers
12,300
52%
52*4
52%
/•' •'
v
Range Since January 1
Lowest
Highest
stock
york
viexchange
Shares
| per share
St per share
new
the Week
Nov. 9
Range for Previous
stocks
Sales for
Friday
Nov. 8
-
share
$ per
50%
50%
50%
50 %
Nov. 7
NOV. (r
$ per
Thursday
Wednesday
Tuesday
$ per share
share
per
BALE PRICES
HIGH
AND
LOW
kvnday
Nov. 5
gfttvrda?
Monday, November 12, 1945
CHRONICLE
THE COMMERCIAL ft FINANCIAL
>278
.1
28
'
Jan
84 y4 May
Dec
Jan
15 y8
Apr
,
13% May
Apr
7
i
Nov
p?c
B
29 Ya
29%
22%
24
23 3 a
.
37%
37%
193/4
19%
20%
♦76
78
*76
—^.F
•
-
>
.
40%
40%
34%
34%
53
53%
*52%
23*/4
23 y8
18V2
18%
18%
■
48
49
110
109
109
48
*108%
13 %
13 y8
<
13%
39%
*39
129%
*123
39%
*125
Baltimore- &jqhiol~—
38
387/a
36%
38
36
36%
20%
21
197a
1974
19%
20
1.500
140
•
77
41
18%
43%
"if-
13
40
■
129%
18
27%
27
.)
.
27%
21%
'T '
18
22*/4
127%
22
*21%
1
—*
—*
'
*.
-
"
'
107
For
*105% 107
footnotes see
page
27 Ve
'
-
2287.
—
F
4m^'
'
22
76
76
39%
40 y2
39%
39%
2.800
35
35
1.100
33
52%
53
53*4
53%
23%
22 78
23%
22 v4
23
18%
19
18%
44
45
19
45
*48%
109%
*108*4
40
127 34
18%
18
'
v
76*4
53
13%
*39%
:
>
*105%
12,700
76
49%
109%
13%
.
35
'
27 %
*105
55.200
*48
18
*17%
23vi
23%
■
43%
*48
23 Ya
*52%
.
*43
44
*43
237a
35
23%
18%
23 *4
24%. ajig
Baldwin Lbcomotiv®' works--—-13,
40%
.
——
527/a
25.100
77
34
23
;
•;
"
34
29%
"
78
41%
41%
29%
"
38*/a
18%
30
29%
24% '
36%
29%
24
30%.
24%
•
29%
29%
.
27%
13
*39*4
*127
(34
49%
110
13*4
1,700
*48%
49*4
300
109%
109%
60
13%
5.100
13
*35*4
129%
12974
193/a
27*4
27%
7.300
19 Va
45%
45 *4
40
18*4
190
13.600
19
2734
20
40
129%
-
200
.....
preferred—
,.—100
fiangor & Aroostook———50
Cony 5%
preferred
——1q0
Barber Asphalt Corpu
1q
Barkef Brothers—
No par
s Va % preferred--.
—60
Barnsdall Oil Co.—
;—u—5
Bath
Bayuk cibars Inc.—_2___No
Beatrice Creamery™——
Beech-Nut
Packing Co_....
20
!..___No par
6,500
4,300
Bell
22%
2134
22'/a
21*4
2174
107*%
*105%
107%
♦105%
107%
par
23
|4.25 preferred———No par
Beech Aircraft cdtp—
—1
Beech Creek rr2—__
,-—50
287a
3.400
:—1
irpn Work? Corp—
19% Jan
&
i.Vt %
Howell
Co—
preferred—
66
.10
:——100.
26%
Dec
28% Jun
26
5%
Jan
13%
Dec
44% Jun
22
9%
Jan
23%
Dec
9%
14%
Dec
60
Jan
Jan
21%
Apr
68%
23%
Dec
12
Jan
18
23
79
Mar 27
Jun' 21
July 13
29% Aug
:
18
31% Oct 10
,
■
.
31
12% Jan 31..
,
7
44% May 16
17% Jan
3
35Fa Nov
5q% Jan
9
54
2
Apr 30
16% Jan - 2
14% Aug 17
32% Jan 19
25
Feb
36
Jan
23
106% July; 3
9% Apr 25
35
114
12
18
■
;
45 */2 Oct
Oct
16
Jan
11
110
15% Jun
28,
6
20
129% Nov
9
Jan
Aug
103% Sep
2
7
7
Dec
Nov
Jan
38
Deo
u1
31
,
;
7%
31
lltv4
Jun
Jan
19% Nov
8
10 Va,
jun
jap
28% Nov
9
10%
Apr
23% Oct
2
Jun
2
408
18% mar
34 Va
105*4 Jun
5
50
1
Dec
July
19%
14% Aug
25% Feb
7
40*4 Jun
% Jan 15
14%" s~ep
28
22% Mar
Aug 17
12% May
—
9
11%-Jan. 22
•
i%
Belding-Hemlnway
Bell Aircraft Corp
19%
100
Oct
14%
Dei
38
de'
121
13
15%
j'uv
Jan
■'
1
2279
Number 4437
Volume 162
NEW YORK STOCK RECORD
LOW
60
61 %
27%
27%
28
55%
56
bb%
60%
,
27%
28%
29
23%
"23%
23%
•
95 y*
'.
95%
153
95
95%
153
,
97%
"67'/2
30
...
19
%
36
110 - .■
26 V*
*109%
*109%
67'/a
67
*66%
35%
54 %
55
38
185
180
55
''54
8%
,
,9
53 '/a
,
54%
8 >4
58%
*58%
58 34
27% ,'27%
27%
28%
28%
29'/a
X28
28%
; 70 Va
70'/a
*63
85
70
67%
67 »/a
,16%
16%
16%
16%
48%
49%
49
49%
50%
.52'
54%
53 '"''.'
34%
54%
.54%.
69%
69 %
69%
-r 71 yz
*67
,
*53
69%
7
34
34
64'/a
37 V*
*64
35%
64
-
17%
17%
*125%
la:
v
127
127
127%
18
96
19%
19%
63%
95%
19% 4
20'4.
;
19%
30%
33
33%
33
35
34%'.
34%
95
36
53%
53%
3%
,78
.
25
;
25
514
.5%
23
r
V
:
;
•
„
99
36%
39
38
53%
54
54
3%
•
3 'A
wi 3%
'
8
28 V*
8%
29
•
44 %
29%
*49
3 V4
16%
"l
18
*.
56
18
75
44%
43%
r
-■
52%
53'A
,*106 V*
107 Va
v.
20
19%-,
19%
54
V' V
-
132
20 Va
115
*113
*113
.
7%
60
1.500
V1 v
1.200
530
J
/
20
,
'
•
8
•
158
900.
8.400
*
8
•-
4.600
44%
*
.
V./,;,/; /: 69%
53%
■
106%
150
150 %
:.
107
.
150
3.600
55%
1
17.000
^
■
"
•' 3 07'A
300 t
151'?'
-
•
220
VA-
,r 70 ;/;v"
53%
600
19% .'/.19% /;--/■■•>19% :V19%
20%'"'' " 20% .' 20%
V
5.300
*158%"T59%
69%
V, 106%
2.600
4.900
20%:
42
14%
•;
112
110 Vz
57
'
.
:
.
23 V\
22'A'
42
42%
41%
14%
32%
32%
46 Va
49%
:
56%
57%
ll5/a
11 %
'
23 >A
22%
23
.'"M
r-r
20
58Va
57
577/a
11
.
22%
:v'
,.11%.,.,,.A, 10%
23V4-7
11
11%
10%
11%
10%
10%
10%
30%'
30%
31
30%
31
30 Va
30V4
30
25%
2 6'A.
25%
26%
26%
26%
26
26%
26%
67%
68
»A
67%
67%
44
44%
43%
44%
71
71% ;
71%
72
■
11'/a
31%
..
;.72%
;;
31%
*30%
31'A
30%
31'A
30Va
;
13.400'
30%
*57%
.
19'a
8%
39
*56%
*57%
..
22
19%'
58
*21%
58
58
22%
22
19%
S%
9%
40
126%
125 V*
126%
53%
53%
53%
53
25%
25
25 Va"
'24 V4
47%
47%
41
127 V*
132
:v
54
!
132%:
53%
48%
102%
53%
24%
48Va •' '•
7*48
103
*102 Va
18%
61%
18%
19%
61%
63
64%
20%
20%
66
;
20V4
20%
20
66
66V4
67
66%
66%
*190
200
*190
200
*190
200"
*190
200
*190
200
*100
102
*100
102
*100
102
*100
102
*101
*
llOVa
110%
*110%
111
111
67 Yt
68%
111
66%
111
67%
*106%
107
*106%
*99%
102
s99%
67%
108
101
*56%
58%
40%
40%
*50'/a
51 Va
*56%
40
51%
*152
7
58%
*56 Va
58
40%
39%
40
39%
51%
51%
155
177
175%
177
66
65 V2
66
*152
177%
.
*1200
45%
43%
103 %
45
*44'A
*111%
113%
15 V*
15
For
43%
*103
44
*111%
15
footnotes: see
67%
51%
51%
155
'
68
67%
44
43%
103%
102 Va
44
44
112%
p^ee
44%
103
45%
*1U% 112'A.
15%
15
2287.
V*
15'A
-
44%
103
45
*111%
15
—
44%
45
45
,Ill
15'A
"
15
480'
.
—■
.
44V4
44
3.700
160
103
"
45
i!
lllVa
15%
<
"/■
•
1.8001
30'.
IO.OOO
Dec
14
Dec
Jan
129
Dec
N^o
116
127% Oct
Jan. 22
18% Oct
2
97
Oct
Jan.. >2
.21
Sep
.
.
5%
.32
Dec
80
Nov
43%
Apr
70%
Dec
8%
Ja n
15%
Deo
~2%
Apr
~3% July
25% Oct?
Jan
110
24
22
27% Jan
Oct
15
12%
Apr
17%
Dec
28
67 y3
Jan
96
Dee
Nov
8
20
Apr.
25
Sep
Nov
7
24%
Jan
30% July
Apr 17
3% Oct 19
53%
Feb
57
%
Jan
iy4
Jun
May
7%
Dec
31
39
56
26
'
IV4 Jan
,2
,
6 % Apr
4
20
Mar 26
31
Jan. 24
47
•
10% Jan
31% Nov
8
15%
Jan
21%. July
45% Oct
9
23%
Feb
35'A
Dec
33%
Jan
47%
Dec
128
Oct
23
53
Apr
24
23
48 Va Jan
2
.
5
11
Jan
52
Mar 26
.
8%
19% Jun. 26
62% Nov
18% Oct
11
Oct
56
43'A
2
Class A
;
No pat
Nov
1
97
—
No par
No par
No pat
oreferred—_
.inn
Colo. Fuel & Iron Corp new__No par
R9?
conv
54 Va
Jan
32
Mar 26
44
Nov
9
27%
Jun
21
30% Oct
8
17%
Nov
76% Oct; 11
66 Va
Nov
Jan
22
59% Aug
9
5V4 Jan
2
35% Jan
26
152
8
Nov
Oct
45
171
Jan
3
47% Jan
22
37VaJan
15
4
9
18
7
May
'
119
33%
'
22%
2
9
96%
39
104% May 15
127
Oct
Mar
152'A
Dec
54
July
3r%' Apr
5
Jun
Dec
Dec
5%
33
Apr
143% July
44V4 Jan,
% Oct
70
Dec
Dec
Dec
65
" Jan
55% Nov
110
40%
Jan
Jun.
106
129% Nov
Deo
Jan
2
153
Jun
14
113
Jan
14% Jan
2
21
Oct
1
11
Jan
18 Va Jan
5
21% Sep
21
17
Jan
19% July
20 Va Apr
5
25% Nov
9
19
Nov
23
108
*
Nov.
8
21'A Mar28
•
28 Va Jan
41
Jan3
14 Ve Jan
5
47% Mar 27
"6 Va Mar 26
15% Jan
,
22
20% Jun
23% Nov:
33
Oct'
7
Nov
Nov.
7
17.'
26
66% Oct
18
27 % Oct;
30
24
70 Vs Oct
37 Va Jan
Jun
134
Nov
23
May
23:
Jan
27%
Deo
9
Deo
17,% Apr
1
SIV4 Dec
Jan
7 11
.
.
46% July
14 Ve
Feb
44
Apr:
5aA" Sep
o'
Deo x
60%
Dec
9V8 Mar
11% Jan
4% Jan
12% Jun, 18
34% Jun
24 Va Oct
12%
Feb
*
18
Jun
Jan
57
.12% Jun; 18
22
Jan
7%
7
80
20
.58% Oct
28% Nov
,4% Apr
26
5
Mar
Apr
36ya
14
50% Nov
Sep
15
8% Apr
9
Sep
114
20%
Jun, 14
44
Sep 21'
T57/8 Sep? 20
180
Jun
July
4% July
Jan
107 .* Jan
18
38
15 Va
9
23
22
5% Jan
24
2%
r
12 Va Nov.
110% Nov/
3
108% Oct .18
\
/ 9% Nov115'A Feb
,
18% Mar
18
25% Mar
7% Mar
Jan
5
10
25"A Jan .22
49% Jun; 26
21%
Apr
54% Jan
22
.76% Jun
26
43%
Sep
65 Ve July
19% Jan
2
31% Oct
8
15%
Feb
21%
31% Nov
8
16 Ve
Jan
21% July
59% Oct: 15
38%
Jan
49 Va
Nov
8
47
Jan
57
Nov
10
13
Jan
19% Jan
49
Jan
x54
Jan
59 Va Nov
15% Jan
24% Oct
16
19% Nov
8
9% Nov
Jan
4% Jan
91% Jan
24
Jan
2
20% Jan
' 2
42 Va
31
Jan
2
98
Jan
2
9% Jan 27
49
170
,
72
Feb '20
Jan 26
Jan
89
109% Jan " 2
44j
Jan
9
Nov
7
8
22
58
Aug. 28
25% Nov
5
49 Va Oct; 20
105
Jun
19
35% Jan
140
Apr
130
May
62 % Jan
5
9
31
2
30
Feb
50 Ve July
14%
Jan
25 Ve July
25% Nov
95
7
Nov
8
186
Apr
19
35%
148
'
105
May.15
Oct 17
Jun
57% July
41% Sep
30
2
3
31%
Jun
Dec
Nov
96%
Oct
Jan
10%
Jan
Feb
51
Dec
Jan
1
185
Jun
90
Jun
76
Jan
110
Nov
115%
Jan
Apr
45 V*
Jun
37%
106
92,
Mar
109
Jan
Jun
96
Aug
52% Mar
53%
Oct
20% May
38% Mar
34%
39% July
53% Oct
16
152
Oct
29
145
Apr
Feb
183
Oct
6
111
Feb
72
Oct
40 Ve
67
68% Nov
Jun
July
98 Ve
20% Nov
3
6%
May
77% Feb
6'%
115
Dec
19% July
17 Ve
24
132% Nov
30% Nov
14% May
1% Jan
41
29% Jan
,
152
146 % July
July
59% July
Nov
Coca-Cola International Corp No par
Co)«Btff-p«.imolive-Peet
$3.50 preferred
Collins
Alkman—:
12% July
51Va July
11 Va Deo
Jan
132
2
par
Jan.
42% Apr
6% Feb
8
2
116% Jan
Nov
23
4
Jan
$
Feb
9
8
113% Feb
^
Dec
101% Feb
3
52 Va Sep
9%
Oct
.5% Oct
.
17
—100
Jun
83
53% Jan
No par
15%
Jan
Jan
34% Jan
—No
Jan-'
4
54
100
—
Dec
Nov
11 % Nov
3
(The)
20%
9.0
.
.
93% Jan
Coca-Cola Co
Sep
12 Va
.18% Nov
llOVa Apr ;16
Cluett Peabody & Cox—-
Dec
16%
Nov
Jun
22 Va
,37
Nov
11.0% Nov
15
par
100
par
Dec
11%
Jan
33% Noy
1
No
77%
7'A Apr
106% Nov
Molybdenum
12% July
Jan
17
37% Oct
3
Jan
47%
—100
.Preferred —'
•"
2,000'
•
-
—
103
113
,
25%
Aug 21
22% Mar 26
No par
preferred——1_!__
Climax
5,800
1.600
;
70
*1200
103
—;
155
Dec
49%
;.
Clev & Pitts RR Co 7% • gtd
50
,
Special gtd 4%, stockx
-7—50
.
180
July
Jan
87
—No par
&
s% preferred-—-J00
ciev ErIlium $4.50 pfd—
No par
CleV Graph Bronze Co (The)—
1
5%
-
22*"%
14% Jan., .6
x—5
No par
~
3,600'
7
51%
50%
69%
v.
'
110
39%,
179
72
7
58
*152
.
179%
*1200
"1200
51%.'
155
*152
178
179
100%
'
100
39%
*98%
—v
108
*56%
■
,
\
66%
66
*106%
58%
155
103%
101
67%
108*
40%
*173
65%
" •
*106%
108
*99%
•67
v
*98%
*56%
*151
*1200
'68 %
*106%
-
111%
.,,.111
111
1.000'
V
'
,102
.
Jan
Nov
Jan
591/4 Mar 27
City Stores——
i
8
!—6
.Clark' Equipment—x—No par
O. G. C. & St.'Louis Ry. Co
100
12.300.
Oct
14%
July
Jan
i. 7% Mar 28
100
wi—1—&
270
20IA
53»/a
8%
*77 Va Aug 23
'
18
50
Jan
17%
40
—
FueiLx
—_!
City Investing Co_
!
5%%prefefred——
80.
44% Aug
Jan
40'A
39%
Sep .13
.13% Jan. .2
,—100
C I T Financial Corpx
103
Jan
39
18% Oct
105
20
x
1,900'
Ice
Oct
.39% Nov
—.—25
12.500
nlt#
12% July
Oct
.65'% Nov
NO par
—
,-
.
Jan
'27*
20% Apr.. 6
f
15.900
230
'
53
Nov
35
3% Jan. .2
x—
!
14,500
39Va
131'A
24%
2,300'
a.
Feb
Nov
30% Aug. 27
!
;
40
100'
40%
8%
.7 ye July
110% Noy
105% July 26
Zinc„
Chicago Mail Order Co
Chicago Pneumat Tool-!
*
$3 conv preferred—!!
40O
21% Aug
80
18% Jan. ,2
:
•
No par
' Pr' <>f ($2.50) cum dit-—No par
Chicago'Yellow Cab—:
No par
Chlckasha Cotton Oil:
:
;xl0
tChllds Co—
:
:
No par
Chile Copper Co
25
Chrysle- Corp
—8
'
*
:
9%
53V4
<
„
3.60Q
«
19%;
129%
,
25%
103-
*102
130%
",-24-Va
,
9Va
39
48%
'
22
19%
•,
40
53%
25%
48%
48%
•
102
x40
'
1,300
t
59
21%
197/8
8%
58
'59
.
19%
25%
48%
59Va
22
8V4
53%
48
*56%
58-
19 Va
8%
39
125%
102
*56%
/
58
.4
,
45
Jan
55% Nov
3
preferred
5%
3.90Q
Jan
52
2
/22% Jan.
Chic Milw St PI P vtc W I—No par
Series A preferred w i
—100
Chicago & Northwest'n
l—IVb par
20,600
Jan
12%
Jan. ,2
110
par
4—10
eomhion—4
A
3%
37 ya
;
74% Jan.
Chicago Great West RR Co_——50
5% preferred
:
1.
r.80
57.000
•
30%,
29'A
22
102
'v'' 68*%•,;,.69 %:
->44Va - 45 ,
72
72Va
■,/
29%
*56
39
7 '7
26'/a
29
22
8%
-
Class
Dec
41% July
7
70% NoV
7
17% Sep 21
,
Oct
34%
Jan
16.
Oct
10% Jan_.;2
—1
*% prior preferred—
"
6.900
3,300
,
31%
58
6.100
^
f
;■
,
,
30
31 Va
58
19%
69 V2
45
71%
20,100
10%
,
29
*21
8%
68'A
44 Va
.
15.300
r
31%
*56
19%
;
■
72%
1.100
,
29
28%
58
/
69%
,45
44%
.7,1%
'
31 %
28%
68
I,
:
1.000
"»
22%. *22%
11
30
...
20
79
19%
.
34%
117
23% Jan, 25
120
Chain Belt Co——!
No par
Champion Pap it Fib Co
No par
$4.50 preferred
—No; par
Checker cab Mfg
«—15
Chesapeake Corp of Va
5
Chesapeake & Ohio Ry_
—25
Chic h East IU RR Co..—No par
'
18
59
29 % Nov
"
2.200
3
,10% Jun
15
Jan
109% May
28% Jan
Nov
24
1.
500
j";
23
Central Aguirre Assoc——No par ..
4 V4 Jan
2
Central Foundry Co—•
x_—!l
11 Va Nov
5
Central Hudson G & E Cbrp-No par,
109% Jan 16
Central Til Lt kV*% prelerred—100
icent RR of Hew Jersey—:—lOO r 10% Apr 13
25
Mar 26
Central Violeta Sugar Co——•—!!10% Jan 22
Century Ribbon Mills—xx—lW pitr /'
33
Jan .24
Cerro -de Pascc Copper—*
No par
! 7
Jan .24
Certain-teed Products—
A1AAl £'
i5Qi ■ ■>*;
*
*77%
':
23%
23'A
*110%' 112
80
U: 57
11%.
V
•.
;
20
;
'
6.700
48%. :48%
79
; 58 %
,
•
112
3.90Q
33.700
r
"20
v
20
57%
*110%
80
>
19%
'
2.600
•*
33
*32 Va
'■■■:■'
50%.
v
,
'•
15,"*'"15%
.108
—■
Sep
45% Oct
..
4.800--
35V^
42%
108
'
•
>
23%
>
33:
■
42
15Va
49
.
:
: 23
-
108%". 7/
*32%
50%
110 Va
78'A
19
/■■"i ll
11
32%
,
34 V4
'-•>;.
23 'A
13.80Q
55%
55
""
6.800
''
a* 16"%
16 '
42%
108
4 '
*113"%"115"*;
T7%; - '
34%
33%
14%
110
110 Va
110%
78'A
18%
16 "V
^
14%
14%
*108 Va
78'a
19
56%
21%
-
108%
110%
1
78%
77
*18%
115?
*113%
18
32'/a
V:-'
46%
115
20,500
9Ve /
7 12%
11%
12*
34%
42%
No
—
Dec
Jan
5
July 26
;45
V
Corp
&
98
46 %
*8
8
;40% Mar, 27
49% Jan 17
21
Apr
24
Nov
v* 37% Mar 27
106
88'/a
Oct
180
10% Mar 27
>
Oct
Aug 10
66
5
Jan
Jan
39% Nov
preferred-—-4*1—x-ilOO
Copper
5% preferred
2,380
'
25V2
■9%vA;,-"".8%;
.
17%
46'a
32%.
32%
*46
9
11%
34 Va
14%
■
:'.
12
*114
24%- : '^24%;,
23%
-
9 Va
-•
-
U%
108%
108 »/a
■
34
42%
14%
*107%
/
24
•
106
17% Mar, .9
Cannon" Mills
£
1_. No par
Capital Administration class A—1
S3 preferred A----—
10
Carolina Clinch. &'Ohio Ry
100
Carpenter Steel Cb-^
:
5
Carrier Corp __—_.—j,
-10
4%% preferred
j-—50:
CarriersAte General Corp-i
—1
Case (J I) Co—J—
—25;
Preferred
100
Caterpillar Tractor—
No par ■
CelAU«s« Corp of Amer;—?
No par
$4.75 1st preferred
—No par
7% 2d preferred
100
Ceiotex Corp
—;—No par
■
Feb. 19
3
24% July 20
N6 par
No par<
zX
.Canadian Pacific Ry_.
42.200:
.
29%
44%'•''""V" 43%
17%
20'/a •21%
20%
r42'/a
*20%
*
34
34
*33
,.
115
■,.
16%
i6y4 vieYx
9
9%
12 :
11%
*101
10
' 73%
73^
53
21
;
23 Va
'23%
9
9lA
39
2,200
*
56
29Va'
-
69%
:;
20
19%
21
;,a" 23.1/4
23%
9
57%
2,700
1
62 'A
132
-
Bros
4%^*
"
23 »A
11
14.600
'
.--43 V4 >.-44
*
73%
158
•'
:
150
150
^
43
'
-21
20%
;
18
*55%
.7%
107 va
*106%
20
20%
-v;
29%
158 Va
53 Va
'
150
150
i 150
;'
17Va
42%
*73
•; 44
'158%
69 >a ,69%
52 Va
107
21.300
*
•' 50%
62 Vi
•17%
.29%
-69% .70
69 Va
*106%
"
V'-
.7%
43
159 Va
159 Va
;
:
■
123 Va
—
*5C
"
56
v'i'.
43
; v7%
"
160
270
'""Tfc'Va16% : V V
*
132%
43V4
74 >A
44%
,;!■
17%
29%
,
Jun
; 47
California PackingNo par
5% preferred!—
50.
Callahan Zinc-Lead
1—1
Calumet" & Hecla Cons Copper—5
Campbell W & C Fdy
L—No par
Canada Dry Ginger Ale common—5
$4.25 preferred
—No par
Canada Southern Ry Co—
TOO
6,100
:
44% -'44%
.,
16%
62%
56
29%
is
7%
■/:;--V 69
48%
*131%
-
73%
7%
•
52%
Participating preferred—_x_—100;
Byron Jackson CO—
No par -
1.400'"
3 "A
.
*122
16'A
18%
*41%
41 >a- ";41 %
73%
Jan
2
.5
preferred 4——,
x—100
Term Bldg 1% preferred—100
Byers C.o (A M)
230
'
72% -'74%
7%
7%
44 <v
" :
61
:
131%
29 Va ; 30 Va
30 %
45%
123'
'48
16% ?
56
v
45
—
6.600
54
3
31%
45
I
50%
■
'
r 123
57% r 59%
56
.
132%
*131 Vz
v;-:.
41% ,41%
■••'
18
177/a
*55%
132%*,
'*
123 Va
"16%
16%
57%
8
ii—.4
Co——
No par,
Watch Co. Inc.;.—_—4_^i_5
2,300
*.■
•'■'"■ •'""8 Va " 8V»
31 Vv 311/2
'8lA "
29%
"
56%
69'A Oct
Co—
Butte
■'30%
':533/4
54
■
.;v. .8
45%-
*123
50%
50%
'
45
45
124 Va
*123
19% Nov
.-100
Terminal———1
Butler
\
991/4
38% "39
39
3%
"
8%
:
3%
Push
3.200
:
"I
23
*30%
31
6%
i;)
5%
-•22%
53%
28%
55%
55%
22 %
5%
5%
991/4
30%
16%
10%
110
•-
22.%
36%
36%
*53%
g
50%
29%
*
*108
.
11.0
600
24% > 24%
25
110%
5%
.
30/4.
:
Jun
5% Apr,
42% Jan
45.500
79%
79
99'4
.
30 >4
30%
<
Dec
12%
common—1/
———100:
Burroughs Adding Mach—_N0 par,
%
92 v
,
22%.
'
23
99 Va
'
;
'■
79%
.*108%
:
5%
?2%
99 V4
v
-
57%
150
10%
16
2
12% Mar 27
Wheels-—;—
Btish
,28% Oct
27
No far
_x——-
Burlington Mills
4% preferred
:
26
Oct
.29% Jun
.
:
6.200
100
Dec
Dec
:
Bulova
4.500
15
20
'
Bullard
,
Jan
33% Apr
3.600'
.
7%
'36% Apr
7
11 >
'•
7
3
:
18%
-
*90
90
24%
HQVa.
.
99
30
45%'
125-*
'
*131%
.
18
20 % Nov
Deo
22 ya
114
4.200(
llOYa
110%
-
„
11
2
52 % Apr
Buffalo
;
25% Aug
109
'.95
500
.
Jan
14% Mar
,;
Mfg
Forge
16%
93 % Mar
•
25.
*108%
HO
5%
:■
,
28%'
"
50 %
160
V
~
*17%
;
10%;
79
8%
-16 •
;;
»-
18%
18
(EG)
preferred
Budd
7.500
,V
'
is'
\
*78
"* 99
3lA
'■
*56
>
.
4
45%
<
•'
.
*110% 114-
113
80
,
'
:
37,
89
'
.
36
35%
88
30
35%
•V."
36
20'
;
$5
2.220
33%
:.ii'/»
22%
*29%
*
32 t
32%
87%
23'/a
99
*123
32
33%
10 3,4
*108
*98%
; "■
8
*28
31%
33
11%
5'%"
5%
31%
36 Va
17%
;/ 24%
24%
1101%
22%
34V2
; 77
;
24%
341/2
;
*
78
76%
35%
95
»
v
*108%
20%'
35%
'
19%
v
■
7
Jan
preferred-—1—
Budd
14.200
'
,
96
; 19%
*88
11%
ii%
*88
'
*110%
18
17%
1U,
18
'
31% Nov
19
:
(aSsented)_190
'
95%'
51%
2
14
Roller,
7 %
10:
'
113
*110
/■;
17%'
•
•
33%
30%
34%
>
31%
%, 30%
35Va
33»/a
113 '
1
18 V*
96 J4
:
35%
*35%
,
'
17%
■>-' 1277/a
Feb
37'A Oct
1
BUcyrus-Erie, Co
300 '
/
18 i
37%
111% Jun
pat
5.800
,
37%
■
4
49 % Jan
4,200
66 ',
371/4
*127
127%
'
95%
'
.
70% Oct
130
18 % Jan 23
41—5
3% % preferred——1——*,—100
Brooklyn Union Gas.
No par
BrOwn Shoe Co_i—
No par
Bruns-Balke-Collender4
No par
3.000
2
—--S,
Bnggs & Stratton_4—_u
Bristol-Myers Co——:
1.900
34%
17%
95 Vn
18%
95%
30%
18
*127
127%
17 %v
?
>
115
34 Va
18
10.600
' 1,700
v
78 '
*65%
39%
17%
•»'
•
•
65%
38 '4
V
'•19%
'
34%
18
30
17%
34%
39%
*127
i
52i'
.
*110%
115
*110%
f
66
33%
34%
78
17%
35 Va
*110
55% v55%
80*
39 %
18
95 Va
95%
36
51%'
55
'
17%
'
*35
52
77%
•'
66% Julv
Jan
17% Apr. 24
Bearing Co
4-^—5
Airways Inc—1
^2;50
Brewing Corp. of America—jl—-15,
Bridgeport Brass Co_4j
No par
a
1;
Briggs Manufacturing-^,
lyo par,
7,100
20'A July
Jan
Feb
Jan..
20I/4 Jan
15%
56 V*
115%
155
—la
RR
Boston & Maine
Dec
Jan
1
Jan
;
-_14
-—100
(The)
20%
56 Va
Xl08% Mar 26
Braniff
20i)
./I,-
Co
Jan
7
13 Ve Jan
j—
preferred J.
Bower
900
15.600
16%
16%
.
No
common
Borden
i
".?■
51
112%"
*64%
18
:
NO par
4
-
Bbrg-Warner. Corpx-
■
75 V
COiClass A
Stores Inc
;4Va%
1,900
28%
i". 54 V*'
80
35
:
39 Va
r
17%
,i:*.
-
34%
64%
.
38'%
;
-
Amt
Class B
Bond
'
*110%
35
34 V*
■■
>;
8%
*63
Bon
17
53% Nov
Nov
97% Nov
2
5
Biass
5,800
58%
28
16%
16%
17
16%
;;
112%
*110%
112%
*110%
.
•:
,
&
Aluminum
4.100
•r..
%'
8
58%
■■■:.
58%
^
53.;
;
Bohn
Dec
Jan
9
23
100
_5
x
49%
33 Va
8
25% Nov
48
—9,
No par.
preferred
,31% Nov
Jan
par.
Co_.—.'-4
5,000
58%
8%
58%
9:
521/4
'
& Co
Boeing Airplane
130
V*
44%
44
44%
Blumenthal
12.300
180
;•
No
Co_
220
63 %
38
Mfg Co
700
104
37%
179%
58%
*57%
66%
Decker
&
31
S per share
share
per
7
28
Aug 28
56% Jun
5
5
127
100 !
No'pat
No par,
Nov
Aug 22
Jan. i 2
65
,
Bloomlngdale Brothers-;-;
190
18,800
104
-
Bliss & Laughlih. Inc__
,"v
■
20%
*63
180
!
Blaw-Knox
20 W
'
39%
44
44%
44%
35
110;
v4
~.
38
*175
55
8%'
8%
; o3
i,3
9.200
66%
104
103%
,,
"
Black
1.200
35
67
;
July
17
x
preferred
1.000
;
__1
No p&r
;
(Del)_^
63
12
■22% Aug
1.
a
—
-
Steel
Blgelow-Sanf Carp Inc
28 '4
,
& Co
1.400
*109%
%
.
67
35%
■'
35%
110
.20 l/4
67,
•
■
28%
28%
.
''ox-/a
44'A
44%
44'A
'/a
104
19%
Xl9 Va
26%
103%
.
163
163
28
7 20%
104%
62%
34%
33 7/s
■*
165
53'/a
8%
:
62%
.104
61%
''
35%
110
66 %
33%
V
19%
35%
25%
106
44%
19%
28%
■
'
30%
36
*109%
61%
*155
30%
27%
.
"'
66 Ve
31 %
20 Va
26%
*104%
31
19%
*35%
112
25%
69
19%
36
*109'/a
68 Va
31 Va
1: 27'/4
27%;;
35%
69
1
■54
Poods
$ per share
6
19% Jan
par
pfd $2.50 div series '38-No par
1%
700
68
31
19%
155
155
154 Va
.
31..
•
Bethlehem
....
67'/a
•
Best
„*
96%
67'/a
v,
19%
*26%
67
;
25 %
95 Va
*30%
69%
31
t
31%
24%
96%
68 %
"
Best
8.400
7.200 '
31
24%
No
47% Jam
Highest
Lowest
Highest
$ per share
;
.3
j
Loan_
Indus
Pr
3.800
31%
154%
155
154
153
Benenciai
Range for Previous
Year 1944
Range Since January 1
Lowest
Aviation—.,
200
'
24%
;
Bendix
3.400
!
.'
'
95
24%
96%;
•
28
57
STOCK
Par
4,300
30%
30 34
24%
29 »/2
23%
61%
*55
YORK
"EXCHANGE
Shares
share
27%
28
57
*55
per
61%
62%
27%
30
28%
*152
va
$
share
per
61%
63
*55
27
56%
$
t per share
share
61 %
60 »/4
27
$ per
NEW
the Week
Nov. f)
Nov. 8
Nov. 7
Salfes for
Friday
Thursday
Wednesday
Nov. 6
$ per share
per share
STOCKS
SALE PRICES J
Tuesday
Nov. 5
Nov. 3
56'/2
HIGH
Monday
Saturday
$
AND
' 8
67 Va
Jun
23 Va
Jan
33 Va
Dec
" 2
44% Nov
24
34% Jan " 2
110
Aug 24
103% Nov
2
47
Oct
8
25%
Apr
38
Sep
115
Jan
9
109%
Feb
116
Dec
15% Oct
24
31 Ve Feb
101% Oct
14% Oct
23
i
•
r#»P»HKJ-U?»iW>ifl»TKW if
Monday, November 12, 1945
COMMERCIAL & FINANCIAL CHRONICLE
THE
\
2280
Range for Previous
STOCKS
AND HIGH
Tuesday
LOW
Monday
B»tnri»y
$ per share
I per share
36%
36%
34%
34%
32
33
32
33
43 V*
43%
43%
44%
*43%
43%
44
•
10%
10
Tl08
105 V4
1051/4
.105
37%
37%
*52
48
19%
2%
2%
2%
121%
122
121%
io8y2
108%
108%
105
105%
39
38%
38 y2
38%
38%
45 y»
43%
45
43%
44
52>/a
36
41
42%
107%
5%
-
27/a
369.200
122 y2
2%
2%
2%
2%
33%
33%
337/a
48
48
48
48 :
36
36i/4
35% :
35%
2,200
50
46%
47%
47%
47%
4.200
6'/a
43,000
33%
3%
X331/4
33%
107%
1081/4
108
108
.5%
5
6
5%
33%
5%
5%
33%
6
5%
-5%
'A
36
36
35%
•
.
35%
35
36
13%
13 y4
41%
42
42
42%
42 3A
41
42
41
24%
24%
241/4
23%
24%
24
24%
23%
*29%
30%
30%
30%
30 y4
*29%
24 %
25%
25
26
24%
27%
28%
28
23
27 V*
27%
.
.i
38
114%
114 %
36
36%
36%
121/4
12
13%
38
12 %
12%
106
n05V4
108%
109
108%
108%
108 %
16%
16%
16%
58
58
15%
16
15%
36
38%
38%
23%
52'/2
53
17
1-7%
*53
53%
24
20
*61%
62%
62 %
35%
35
104 %
69%
104%
*104
38
38%
39%
24%
3914
40
23%
24%
*53%
191%
10%
5%
5%
10
119
%
48
47
106%
31%
20
20%
10%
10%
51/4
5%
1,300
30%
3C%
30%
31
36%
37
34
36%
53!A
54
54
54
3,700
29%
4,700
30
30 i/a
29%
111
30%
112
111%
xl097/a
*120%
121 i/a
110
630
127
*120
127
700
300
47%
47%
6,000
105%
48%
105 %
1.300
47%
48%
48
107%
106
107
34
33
34
33
33%
3.890
20%
20%
217/a
21%
22 %
43,400
33
20%
50%
101
100%
100%
47%
49
107
41
41
41
150
8%
74%
73%
8>/a
8
8
28%
27%
28
22%
*150
150
74%
74%
*42
23%
23%
23%
,
49
106%
27%
*123
125
101
Continental
106%
73%
74
8
27%
28%
Fibre
of Del
25
ya
Jan
35%
2
10% Nov
9
37/a
Nov
2
108% Nov
9
76
Jan
97 y2
Jan- 27
107% Oct
17
70
Feb
93
Feb
41% Oct
1
45'A Nov
7
16
y4
Apr
23
Deo
52% Nov
31
:
3
15
Jan
Jan
2
-
Jan
49 /a
Dec
37%
Jan
43%
Jun
8
14%
18%
Jun
%
Apr
Feb
Jan
9i%
24%
Jan
20% NOV
2
27/8 Nov
9
Jan
24
123% Nov
8
28% Jan
2
Jan
.
24% Jan
8%
Feb
20
21%
Jan
29 V*
Dec
20%
Jan
3.1
Dec
Nov
3%
Feb
6 Ve
$3 prior preferred
Copperweld Steel Co
Conv pref 5%
series
21%
Feb
25%
109 "A May 23
102%
Jan
108%
Oct
6i/4 Feb
2
2%
Jan
QVa
Jun
36% Nov
2
8
16%
Jan
33% Nov
•
Sep
7
4% Sep
19
27% July 27
11% July 19
'
14'/4 Mar
7%
6
Co
3% %
45
Oct
15
24
Jan
32%
Oct
26
Jun
28
11%
Jan
20 Vs
Dec
2
30% Oct
25
18%
Jan
25%
Dec
12
Aug
17% Aug 21
■
.
18% Jan
15
26% Jun
24
7
14%
Jun
24
Dec
Feb
23
102 Va
Jan
112
Nov
115
6
39% Nov
7
8% Jan
5
13% Nov
.7
93% July 30
106 >/2 Nov
37% Jan
3
2
Jun
49%
Dec
7
5%
Jan
9y4
Dec
Nov
9
26%
Sep
33 %
40
Oct
16
24%
Apr
311/2
Dec
July
5
Jan"
48
Jan
47% Feb
Feb
Dec
13% July
12'/2 Jan
17% Sep
13
10%
16
53% Jun
28
47
16% Aug
9
22% Jan
12
15%
Jan
25 y4 July
52 y8 Mar 27
.1
20
2
49'/2 Jan
64% Oct
15
44%
Jan
57
Dec
61%
Oct
37 y4 Oct
6
Oct
52
July
5
71
30
30
Jan
Mar
11
106
Jun
101% Aug
Oct
15
52 ya
4
195'A Apr
3
173%
Apr
184% July
Jan
2
10% Nov
7
5
Jan
7y» July
3% Jan
2
25
25% Jan
5
100
99 Ve Aug
2
58'A Jan
182% Jan
6
24
2
Corp
1
1%
Jan
Oct
1
18%
Feb
27%
20
Jan
2~5~% July
106% Nov
19
Jun
9
32'A Oct
2
Aug
;
28% Mar 26
41
Jun
14
16%
Jan
32
Dec
No par
S-
37
Jan
6
55
Nov
7
27%
Feb
39
Aug
20% Jan
22
30% Nov
7
15 ya
Feb
22%
Dec
Jan
37%
Nov
No par
107
Oct
23
112
Nov
7
,-No par
116
Oct
26
121% Nov
7
2
49% Oct
16
28
2
107 % Nov
2
69
Jan
89 y2
Dec
Aug 21
34% Jun
18
20 Vz
Jan
29%
Dec
Mar 26
22% Nov
9
11%
Feb
19 %
Dec
Sep
50% Nov
13
Nov
8
51
Sep
108% Jan
29
Nov
9
24% Oct
8
~5%
Aug
Oct
5
97
Apr
75 y2 Oct
9
41
Apr
No par
35% Jan
100
.100
87 y2 Jan
25
16
_10
Sugar
145% Jan
100
30
_
;
Inc
100
2
10
July
105
28
Jan
2
31
Mar 26
9
No par
No par
1
preferred
Curtiss-Wrlght
122% Apr
6
59'A Jan
16
1
...
18% Jan
.
5% Aug 20
118
2
33
33%
33'/a
33%
J32%
33
6,800
Cutler-Hammer Inc
21
21%
21%
21%
21
1,200
20%
20%
*20%
*20%
20%
24%
25%
26%
26»/a
26%
(The)
22%
26 y8
22-
25%
Davega Stores Corp.
Davison Chemital Corp
Dayton Pow & Li 4%<fc
pfd
No par
11
6
12
16'A Jan
100
pfd
*123
33
Sep
25% Apr
12% Jan
Cushman's Sons Inc 1%
130
Xl50
101
1
Nov
29% Apr
o
100
Drug Stores Inc__2.50
Curtis Pub Co (The).
No par
preferred
29
25% Jan
.100
$7 preferred
5
5% Nov
41
22
Jan
Apr
No par
Cunningham
A
41%
16 '/2 Nov
39
29% July 27
38 Ve
preferred
Prior
Jun
13% Mar
8
Packing Co
Class
May
55% Nov
preferred
Cuba RR 6% preferred
Press
10-
19 y*
5%
4%%
Mar
12 y4 Aug
—
Cuneo
10
10
43 y4
7
common
v.pVip-harH
4%9&
59'A Oct
Jan
8% Jan
1
Feb
5
167/a Nov
6
Oct
32%
19
1091/2 Jun
10% Apr
46
7%
Sep
50
2
106% July 18
1
1
$4.20 preferred
$4 2nd preferred
Crucible Steel of Amer
Cudahv
29%' Dec
9
24% Nov
Wheat Corp (The).
preferred
Feb
20
26y2 Apr
■
2
Corp
Cuban-American
-
,
16
Crosley Corp (The).
Crown Cork <fc Seal_
Cro"-"
Dec
24
28% Nov
20
108'A Jan
2
preferred
of
13'% July
3
24
25% Jan
Glass Works common——5
preferred
100
Corn Products Refining
25
Preferred
i—;
100
Crane
30% Nov
17 y4 Jan
3 % %
Cream
Jan
Oct
31% Jan
Corning
Inc
Internat
4% July
29y2Jan
CornelteDubllier Electric Corp
Corn Exch Bank Trust Co
Coty
Coty
Deo
No par
No par
5
50
Cooper-Bessemer Corp
Dec
Nov
50
2
3% Mar 23
106
Nov
,
1 y8 July
39% Oct
48
26% Mar 31
29% Jan
79
33% Nov
12
22
.
3«ya
13
^ Jan
80
-
2
53»/a Sep
-
15% Aug 31
'
Dec
20% Nov
47% Jan-'24
39
Dec
5V* Mar
No par
30%
*123
130
.
30 '/a
Dec
9
1
5
Continental Steel Corp
7,500
28
125
*122
125
:
—
30%
*123
Deo
45% Nov
84
No par
.20
No par
5
10
Motors
Continental Oil
1.300
50.100
8i/a
27 y4
'
100
75
8
'/a
300
10.000
22 %
151%
22%
*150
Inc
Can
Continental
130
45
43%
44
23%
151%'
5.700
1061/4
Jan
No par
...
$3.75 preferred
600
■
48 %
47
49
107
8.8OO
50'/a
102
*101
preferred
$5.50
7%
49%
50%
50
13
,20
Container Corp of America
*145%
*145%
:
20
DO'AJan
5
Continental Baking Co
300
106%
153
27%
28%
27%
7.600
39
55
*105%
7%
8
7%
391/4
106% 106%
39%
49%
74%
74% •'
*74
6,400 '
5%
51/4
36%
121 i/a
%
48%
22%
3,800
10%
10
106 %
30
100%
*151
153
160
31%
109
107
*39
23%
23%
38%
*1057/a
2.100
191%
54%
48
48%
40
*39
*152
39%
106%
80
69%
691/4
191%
780
10.100
105
*104%
105
*104
*145%
106%
107
35 %
5%
20%
100%
48%
48%
62
34%
69%
32'A
47
100%
100%
*105%
61%
35%
191%
48%
20%
46%
62%
35
31%
*145%
46
62
35%
6,800
36 3A
105
31%
*145%
63
69 %
123
47%
31
106 %
20%
30%
105. %
20%
19%
108%
*119
70
20%
*190%
54%
30
5,800
53
20
691/4
36
108%
171/4
70
17%
*52%
190%
10%
31%
53%
1181/2
52%
38%
36
30
52%
*105
106
31 %
109
55%
17%
*54
171/4
5%
54
53%
55 3A
55%
17%
lO'/a
36%
30
3,900
53
69'A
311/4
*107%
23%
55%
190 y4
105%
31%
1.500
35%
106%
*36
15,500
40
62
40%
39%
40
40
*106
39
20%
5%
5%
381/a
46 >A Jun
Mar 27
No par
Continental Insurance
40
Deo
2
t
Continental Diamond
27,800
17%
105
i
3.400
57'/2
'
37% Nov
No par
No par
—1
No par
Consol Laundries Corp.
5
Consolidated Natural Gas
15
Consolidated Vultee Aircraft
.1
$1 25 conv pfd
No par
Consol RR of Cuba 6 % pfd
100
Consolidation Coal Co
25
Consumers Pow $4.50 pfd—-No par
4,900
16%
-
Deo
30
4y8Jan
preferred
Film Industries
$2 partic preferred—
600
109%
16
53
70%
ao%
9,600
46
•
227/a
190
10%
*189
45%
*108%
38
105
70
190
45%
107 7/a
157/a
105
69%
44%
108 7/a
.16
57%
35%
19%
106% 106%
106y4
29%
Jan
35%
$5
400
16'/a
62%
351/4
20,500
57%
20%
19%
4.100
13 'A
16%
53%
*53
230
39%
15%
17%
"
13
.24%
54%
.
381/4
16%
39
8,700
13%
106'A
46
900
19.100
114
113]A
37%
24 %
53 %
17%
*
..
24%
28'/2
39%
39 %
'13
108%
16 %
3,300
29%
24%
57%
39%
23%
29
27%
16%
36%
39%
13,800
58
15%
15 %
37
24%
15%
58 V*
36%
3,900
24
56%
16%
57%'
131/4
41%
Jan
12%
Consol
«■'" 6.500
■
131/4
114
113%
IO6I/4,
45%
46%
46.
46%
46%
IO61/4
106
106
*
«
,
'
281/4
39%
12 y4
114'A
*114
-
36%
y
,
41.
-
25%
28%
24%
114
6.300
30
*29
28%
114%
5%
36%
-
137/8
13%
13%
13%
13%
13%
1,800
11%
20
31
Edison of N Y
Consol
25,300
5.%
:5%
36%
-35%
'
33%
108'/a
33i/a
108
19
46% Jun
Jan
No par
Consol Coppermines Corp
50 V* Jun
2
26 y4
No par
Congoleum-Nalrn Inc.
Consolidated Cigar—
23
9
23
Commonwealth Edison Co
Conde Nast Pub Inc
1.200
36%
Jan
Nov
—10
No par
Commonwealth & Southern—No. par
$6 preferred series
No par
15,100
33%
47%
share
per
46,
Commercial Solvents
2,500
1231/4
122
1231%
122
Highest
share
per
Mar 26
Credit
Commercial
-
49
107%
5%
>
17.800
Year 1944
share
-31
——No par
$2.75 preferred—
8.400
201/4
33%
:
■
48%
20
47 y2
•
*5%.
52%
47%
33%
48%
5%
52%
48%
20 'A
per
25% Jan
(new)_2Vo par
No par
Pictures
Columbia
300
52%
36 y4
35%
33 lA
3,400
$
share
Lowest
28% Jan
,.100
^
Columbian Carbon Co.
11,200
,
preferred..,.,.
5*
180
20
20
2'A
2.100
-
48
52%
36
107
10
48%
47%
■.
76,100
104 »/2
33%
5%
10%
•
104%
122
47%
33%
10 y8
10
5.000
107%
19%
122
33%
107%
600
'
33%
5%
45%
loya
4 8'A
471/4
33%
46
45>A
106
*52%
33%
35%
45%
44%
42 y4
47 %i
*40%
45
44%
108 %
19 %
2y4
19%
45
45
49%
19%
390
38%
52%
48%
890
32%
10
38
52%
%
48
35»A
32%
45
'
*104%
105%
38%
37%
37%
35 %
*52
35
33
35'A
33
108
108
37%
35%
35%
33 %
per
28
100
4%
non-cum 1st preferred—100
4% non-cum 2nd preferred—100
Columbia Br a Bys Inc cl A
2.50
Class B
2.50
Columbia Gas Se Elec_
No par
6% preferred series A
100
Southern.
&
Colorado
450
38%
44 ya
10%
9%
_
107%
38%
38
447/a
share
$
Par
Shares
38
38
33%
44
107%
share
per
34%
34%
36%
S
share
per
37
36%
34
$
share
$ per
$ per
EXCHANGE
the Week
Nov. 9 >
Nov. 8
Nov. 7
Range Since January 1
Lowest
Highest
STOCK
YORK
NEW
Sales for
Friday
Thursday
Wednesday
Nov. 6
Nov. 5
Nov. 3
BALK FRiUSb
6
45
154
>
112
Jan
22%
7
22%
101
19
Jan
Jan
Jan
144
Dec
29% Mar
30%
Dec
iooy2 Nov
11%
140
Aug
July
61%
Dec
8'A Oct
17
4%
Jun
7% Nov
30 ya Oct
17
14%
Jun
19y4 Nov
Oct
26
33% Nov
7
125
114% May
21 %
Apr
127
28%
Nov
Dec
D
,
113
*111
48%
49%
*49
45%
45%
-
*111
113
*111
46
48%
,48%
46 y2
45%
700
Decca
12,600
Deere
&
38 %
38 %
3.8%
38'A
X38
38%
38%
26
26
26
26
*261%
26 y2
26%
26%
800
26%
44%
45%
45%
14%
14%
24%
24%
24 y8
*72
28
28
27%
45%
45%
45%
48
48
48
48
25%
25%
25%
-•-25%
77%
13%
13%
46,700
Delaware
25
247/a
25
10,400
*72
26%
28
26%
27%
*105%
45%
45%
*45%
457/a
45
47%
*46%
47%
47%
47%
600
27%
27%
277/a
27 y8
27%
9,600
781/4
801/4
105%
81
105%
.
105%
42%
43 :-•■••;
43
44
43%
45
44
3,000
42
43%
41%
51%
5iy4
52
52
52%
53
610
50%"
50%
53
50%
27%
27%
27%
27%
271/4
28
27%
27%
27
25
25
25%
25'A
25%
25%
25%
25%
25
-
87%
88
88
87
88
87%
88
88
88%
•
-
151
152%
87-
.
*150%
*114
114%
19%
31%
32%
31
32
31%
7,200
21%
21%
22'A
21%
22
22%
23%
8,200
Dunhlll
30%
30%
31
29%
30%
29%
30
Duplan
188
189%
188%
1,100
4,000
127%
127%
*127%
31%
188
189
191
128
128
127%
127%
128
*115
115%
115
115
115
20 %
21
20%
30%
99%
101
99%
100 y2
35%
35
35
20%
_
221
221
220
200
*197
64
63%
•
105%
*109%
33%
111
*109%
19%
20%
20
10%
64%
5%
5%
5%
17%
17%
17%
—
'
143%
52%
45%
45%
45%
23%
.22%
22%
22%
33%
*197
*65
46
47%
105
105%
105%
190
33%
33%
1,400
*110
34%
112
*110
111%
10%
10%
10%
10%
65%
65%
65
20'/a
19%
207/a
5%
5%
17%
•
13,600
19%
*77
*77
79
106%
For
79
.
Electric
2.300
153
153
153
154%
*143
144
*143
144%
54
54%
55 %
54
footnotes
see
106%
tnge
—
—
45%
46%
46
46%
47%
1,700
23%
23
237/a
22%'
23%
14.500
23 V*
23%
23%
23 y8
23%
4.700
77
78
106%
106%
3
2
277/a Nov
8
par
Jan
22
82
Nov
8
105
Jan
.
*73
105%
77
105%
*73
105%
200
75%
105%
290
2287.
1
Jan
21 Va
Feb
65
Oct
28%
Jun
35%
Dec
Dec
48
38% Mar
J3y» Jan
*27%
Feb
42
Sep
17% July
38%
105
Dec
Dec
25
109
Mar
9
95
Apr
45
NOV
8
15%
Jan
20%
Sep
47
Mar 20
53
43%
Jan
49
Nov
18
Jan
2
2 2'A Jan
2
65
9
10
26% Feb
23
21% May
47
May
27~% July
72% Nov
95% Jun
18
4
154% Oct
17
114%
Apr
131
Jan
2
115
Oct
20
106%
Jan.
113
Aug
~8%
Apr
11%
110% Jan
27
Nov
29% Oct
Mar 26
127% Jan
"
Apr
6
25
23 'A Nov
9
33% Jun
14%
Nov
Oct
19
Feb
20%
Deo
2
192% Oct
137
Feb
162%
Jun
125% Jan
9
129
Feb
9
1
123%
Jun
128%
Dec
113
Oct
6
117
Mar
6
113
Dei
120%
Jaa
Jan
22
22
12
20
100
Mar 21
y4 Aug 24
Jan
18y4 Jan 26
B
32
10%
21»A Nov
101
33
Nov
6%
35% Nov
Fib
14% July
Apr
41
Dec
Jun
25%
Dec
170
July 30
226
Nov
157
F» b
178
185
Jan
Jun
175
J*,n
195
Sep
49
Jan
6
22
200
66% Oct
41
Jnn
52
Dec
4
15
49
24%
Dec
21% Jan
104
100
Sep
17
(The),
Battery
Dec
106 V* Sep
July 24
34% Nov
100
106
Aug 27
110% Oct
3
42% Jan 20
8% May
1
3
3
26
12% Mar
1
8y4
Deo
15y4
Sep
65% Sep
7
7
37%
Jan
45%
Aug
10
15%
Dec
3%
3% Jan
7
2
Apr
Jan
19% Oct
31
3 y2
Nov
Jan
3
154 y2 Nov
9
81%
Apr
114
109
103
Jan
3
145
78
8
55 y4 Nov
8
39y4
Apr
Apr
103%
43% Aug
34% Mar 21
48% Oct
15
27%
Feb
34%
21% Aug 20
29'/2 Jan
18
20% Mar 27
25
Jan
20
4% Aug
14
Am shares
Light
16% Mry
Nov
24
No par
—
Storage
4
Jan
17% Mar 26
preferred
preferred
Electric
'
*106
Nov
165/2 Jan
No par
No par
No par
El Paso Natural Gas
3
Emerson Electric Mfg Co
4
Emerson Radio Si Phonograph
5
Endicott Johnson Corp
.50
4%
preferred
100
$7
$6
600
23
Mus Ind
Electric Power Sc
1.100
54
23%
—
Elec &
3,500
27.300
7
29
5
Boat
5%
154
--
Auto-Lite
18%
Nov
45 y8 Nov
9% Mar
5%
18%
52
1
38
common—2
,
preferred
Elastic Stop Nut Co
Electric
5%
17%
25
100
4%%
17 %
5%
18%
4% % preferred
Products Co
3,800
4,200
65 V*
<
16% Jun
No par
Co
preferred
Ekco
■
10%
64%
cum
Edison Bros Stores Inc
5,900
49
45
33%
*
106%
6%
Eaton Manufacturing Co
1,000
65
65
65%
Eastman Kodak
30
198%
*197
198%
1,300
224
222
226
30
40% Jan
Co
Eastern Stainless Steel Corp
5%
146
11
Eastern Airlines lno.
145
—
7
Sep
20
1st pfd!
Eagle-Picher
53%
—
Duquesne Light 5%
6,500
144%
—
23
22ys
Nov
75
No par
1,900
153%
—
25
31
155
& Co
5,400
—
154
52
2
Jan
7% Mar 29
39y4 Jan
(EI)
97
105
21
Jan
67
22% July
Dec
37%
13
de Nemours
33
—
154
143%
22%
—.
21
ion
No par
—;
94
20%
45
111
Jan
1
International
Corp
33
105
34%
Jan
17%
50c
98%
17%
152%
'22%
20%
—
5%
142
*44%
10%
65
__
18
141
51%
*109%
'
•
—
20%
151%
51%
...
105
34%
__
,
10%
64
64
..
111
.63%
10%
"10%
43%
■
__
34 V*
'
17%
57 y2 Jun
No par
—
21
225
199%
65
800
20%
Industries
$4.50 preferred
300
115%
P
26% Nov
Aug 21
34'A Jan 19
No par
97
33
34
226
64%
'..
105%
*105
33%
33%
__
—.
114%
115%
128
Du
Oct
22
common..No par
20%
21
100%
199%
'
43
40%
3 8'A
37 %
*105
115%
115
224
200
x64
33%
__
220
*197
98%
_
-
189%
Jun
36%
2
series A
$4 preferred
114%
19%
31%
187%
63%
*114
114%
Dresser
*127 Ve
34%
,*114
115
1,600
153%
151 y8
151%
45%
Apr
Oct
Aircraft
Co
Oct
Apr
10(1
Corp
Chemical
31
187
187%
150%
Donates
Dow
4iy«
32%
No par
No par
0
No par
Dome Mines Ltd
4,400
*29%
19%
30
>
*114
115
*114
31%
31
30
151%
i5o7%
151%
-
Jan
36%
Aug 20
No
A
Class
21%
387/a Nov
26
,
common.
Doehler-Jarvls
4,000
13,700
26%
•
27%
.
Cup Co
Apr
49% Nov
47% May
.23
Ltd
preferred.
5%
Dixie
Oct
113 %
34% Aug 22
33
preferred
Corp-Seagr's
Distil
500
106
106
partic
16y»
Deo
39% Mar 29
12.50
new
Diamond T Motor Car Co
9,300
79%
79%
82
105%
0 %
A
Match
Diamond
600
Jun
109%
par
No par
Raynolds
&
Devoe
5,200
; 27%
45%
25%
106%
& Western
Detroit Hillsdale J8WRR Co.
76
*74
77
Jan
13 %
Jun
100
..50
20
:
Detiolt Edison
47%
7
-
78
77 %
105%
.77
105%
14%
'
45%
Lack
45
13%
24%
77
27%
■
10.700
45
44%
& Hudson
44%
9
Jan
13% Nov
0%
26% Nov
21% Nov
113
10
Delsel-Wemmer-Gilbert
Delaware
14%
46%
14
33
1
;
25
45%
24%
77
*72
27%
-
•A
-
76
*72
■
1
46%
14%
24%
108% Sep 13
20
No
Co.
Preferred
1.700
38%
36 y4
38%
*25%
13%
1
100
Records Inc
46%
*48
49 %
46%
20,900
112
*111
113
49%
46
%
*111
>46%
49%
49
45%
113
26%
'
62
103
21
Nov
7 Vs May
Nov
11
7
Oct
Dec
Dec
47% July
Nov
15
Sep
22%
Dec
Mar
6
57y2
Jan
68%
Dec
101%
Jan
108%
Jun
Mar 26
79
Nov
2
20
107
Feb
26
Sep
6%
5% July
Volume 162
Number'4437
THE COMMERCIAL & FINANCIAL CHRONICLE
LOW
Saturday
BALI
Nov. 6
$ per share
32 %
"102
HIGH
lBe»d»y
Nov. 5
t per share
31%
AND
Monday
Nov. 3
31%
PRICES
STOCKS
Wednesday
$ per share
Nov. 8
$ per share
32%
32%
Nov. 9
32%
33
32%
102
102
102 %
102%
102
102
102
103%
102%
102%
103
103
103
103%
1033/4
106
105 %
105
103%
104%
'103 Va
104%
23/s
1,05
2%
2%
17%
17%
■17%
80%
"89%
81
"22%
"89%
14%
15
23
60 %
81
92
15
15
22
60 %
60
7%
%
61%
61%
63
63
31%
31%
31%
31%
15%
15%'
15%
16
15%
24%
24%
23%
23 Va
109%
29
12%
i"
47%
'
60%
70
60%
7%
64
>
'•
1,700
109%
90
1,300
Federal
1,700
13 %
14
14 Va
Federal-Mogul
14%,
14%
14%
; i4%-
14%
47%
47%
47%
104 '/a
104%
■'
105
34%
60 %
34
) »■
104 3/4
61
70%
108
-
*109%"
32%
♦109%
50 Va
...
*41%
8%
66 Va
29%
29.%
73%
38%
v.
29%
29%
,
70 %
70
109
33-
32%
58%"
110
41 Va
42
42
8%
8'/a
29
29%
75
75
41%
27
22%
27 Va
27
21 Va.
21%
*135
48% ~
64% /
139
*135
51
50
49
64
-
145 Va
%:
68
147
10%
10
9%
19%
%
10%
9 Va
19%
"■
29
'
29 %
22
21%
77
Foster-Wheeler
27
,..'170
22%
*73Va
;
93/4
68
71
10
93/4
.
10
9%
10%
10
10%
19%
19%
193/4
29%
29%
29%
28%
29%
28
22
21%
22
21%
213/4
77
•73%
77
*73%
77"
.
10%
193/a
11%
11%
11%
11%
11%
8,300
35 Va
35%
36
35%
36
1,900
76
76
79
79
79
20%
20%
20%
20%
•108
111
60
60
•108
11%
11%
•108
60
60
11%
*181%
11%
182
22%
22%
22%
22
11%
12
11%
32%
12
11%
33
32%
33%
144
142%
*34
143%
34%
144
*162%
165
34%
"1C1
166
48
48%
53 %
54
5 Va
159%
29%
...
■
/
120%
38%
1,100
*164
lBO'/a
ub
107
4 8 3/4
160
39%
159 %
..
47%
47%
129%
*129%
117%
116%
74%
128
22
160
5 %
159
48
159% '
*47%
,
5 Va
117
V/
V,.,.'
32%
15%
'
MM
Xll6%
21% '
5Va
MM
.V'*
•
32%
.
16 Vs
4%
32%
5'/a
107%
4%
3.500
Gen
Outdoor
Precision
■;•/
7 Va
' i.j,.;,
29%
MM1,
•'
'
/
'
40
30
28 Va
■/ v
143
28%
-•
■
40%
*140
■■•■
6%
,v
/•■
28%
J
39
..
29%
•
:v_
120
119
*140
4%
40%
8,600
Gen
2,900
7%
6%
6%
6%
29%
120
30%
30%
31
*28%
28%
28%
28%
118%
13 500
*106
107%
*35
103
22%
*101
104
43
43
*100
103%
38%
4,500
6%
103 Vs
*105
37%
'■* •»'
•
6%
^
;■'.
.
.'■-ff-''
107
36%
■
1
102 %
30%
157%
61%
61%
113 %
113%
30%
9%
30%
30%
9%
9,3/a
9%
53/4
5%
5%
103
%
6
;
45%
24%
103%
760
42%
14,100
109
24
*103
44
103%
103
38%
56
43 Va
%
MM'
'
103%
61%
103%
23%
*100
'
6%
24%
10,500
MM
103%
400
45%
5,600
Glmbel
101%
200
$4.50
MM.
T****-
'
MM
37%
38
37
37%
3,100
♦55
56%
*55
,
'
56%
200
6%
3,900
6%
6%
-
1
32%
33
*30
30%
9%
6
30%
10
■;
30%
1
.
V 5.%
1,400
9%
52,300
•-6%
9%
6
33%
5,100
183/4
19
18%
19
30%
30 3/8
30%
109%
108%
108%
100
19%
193/a
193/a
4,000
*32%
32%
32%
300
'108 Va
109 Va
19%
19
193%
19 Va
193/a
633/4
62%
65
64
653/4
X61 %
62%
60%
32%
32%
33
33 Va
333/8
33%
33%
33%
34%
*■
172
1713/4
172%
72
*70 Va
11,300
62
*69
68
<•68
70
70
70
72
71
*108%
19
172
*70%
72
172
172
72
*70 Va
72
71
14,400
3,400
172
240
71%
30%
29%
30%
29%
*106Va
108 Va
'104%
29%
41%
42
41%
8%
8%
83%
8%
83
*83 Va
26%
25%
253/4
42
42
8%
26%
76%
77
*77
■77 Va
59%
593/4
59
59 Va
♦35%
37%
*36
17
24
4u
%
30%
108
433/4
30%
*105
43%
30%
108 Va
44%
29%
'
*104%
433/4
1
r eo
4
43 % Aug 23
Aug 20
May
3
73
2,000
3Q%
21,500
108
45%
20,800
9 Va
11,000
8%
8%
8%
*83 Va
833/4
833/4
86
25%
26 3/8
243/4
25%
243/4
25%
11,400
773/a
77%
78
78
78%
78%
1,200
$5
59
59%.
583/4
59*%
59
59%
7,600
Gulf
37%
*36
340
12
35
Nov
8
40
5 % Nov
3
160 Va Oct
24
49% Sep
56
Mar'
Nov
3% Jan
.
7
130
22
Mar
Dec
Dec
Feb
40%
Nov
43% July
Sep
Mar
134 Va Nov
Feb
Nov
4%
Jan
106
1%
19%
7
112
5
Oct
Apr
6%
7
3%
7% Oct .19
Oct
Oct
13% July
Jan
18%
5
July
66
130 Va
23%
Jun
11% Aug
107%
Nov
2% July
Apr
31%
Apr
4%
Nov
Dec
Nov
124
Apr
Oct
21
Jan
23
31
Nov
9
19%
Apr
25% July
19
Jan
22
28% Nov
3
14%
Jan
19%
Oct
17
74%
Sep
110%
22%
Jan
27
Dec
19
Jan
31%
Dec
Mar 29
27% Aug 21
105% Nov
8
26
Jan
2
107
Jun
15
21
Jan
23
96
Sep
6
13 Va Mar 27
90
Mar
25% Jan
9
2
52 Va Jan
4
3% Jan
124
44% Nov
7
36 % Oct
15
111
147% July 27
19%
Feb
26%
Dec
~7%
Jan
16%
Dec
69
Jan
90%
Dec
11%
9
Oct
39
Oct
8
29
Jan
22%
Dec
*
9
30
18%
17
45
57
May 16
7% Oct 18
165% Jan
2%
Jan
25%
Dec
52
;
Apr
Aug
4 Vb May
Jan
Dec
175
85%
Jan
40
Feb
54%
Jun
98
12
Jan
104%
Nov
Nov
9
July 27
74% Oct
18
20
July 27
105% Mar
6
63% Oct
18
36%
Feb
51%
Dec
Nov
1
104%
Jan
112%
Jun
8%
Jan
1%
Jan
3%
Jan
25 Va Feb
48
Oct
45% Nov
104
2
Dec
July 30
24% Nov
104
,
Nov
Mar 12
42% Nov
110
1
Apr
107% May 19
12% Mar 26
39
114
32'/a Oct
15
12% Aug 27
1
5
5% Jan
2
4% Jan
2
18% Jan
3
14% Jan
23
197/a Oct
17
17 %
r
7
Oct
Aug
■
23
No par
pfd—No par
No
par
100
100
1
18
18
109 Va NOV
2
46
Aug 20
28 Va Jan
2
15 % May
9%
Feb
5% July
19 %
16
Dec
July
2
19% Nov
2
14 Va
Dec
17%
65% Nov
7
25%
Jan
49 V8
34 Va Nov
9
24%
Jan
30
Dec
May 2a
143%
Feb
163
Nov
May
67
Nov
Dec
161% Mar 16
175
Jan
20
75
Oct
10
52% Jan
25
74
Oct
3
30 Va Nov
7
19 Va
Feb
24% July
108'% Mar 13
105%
Dec
105%" Dec
64
22% Jan
2
12
1
28 Va Jan
No par
,
17
Nov " 7
Sep
104% Jan
.-No
33
14% Jan
25% Sep
105
100
—1
6% Oct
32% Oct
No par
preferred
$5 conv preferred
Gulf Mobile & Ohio RR
155
Feb
51% Feb
125% Jan
6
40% Nov
140
3
par
100
Prop
29% July
115
3
10
Dec
Dec
124
7
75% Nov
117
5 Va Nov
Feb
7% July
22%
128
6
110 Va Sep
123
Dec
19%
52% Aug 29
134
8
7
Nov
3% Aug
140
Sep
2%
10
106% Feb
.
140
May 31
16% Oct
3
No par
172
Oct
32% Nov
24
par
——50
36
Oct
9% July
161
Feb
143
15
2
par
Bay & West RR
24
5% Mar 26
82
Oct
18
par
14% Mar 27
par
58
45 % Nov
57
43%
11
9
9 Va Nov
30 Va Jun
Jun
6%
26
14
3
Apr
-Feb
55%
32 %
Dec
Dec
6% Aug
9
59% Nov
Apr
3%
9
Nov
Feb
-
86
82
Jan
16% Mar
33
Jan
62%
Deo
42%
Sep
50%
Dei
27
Apr
33%
>)eO
15% Mar
22%
Dec
23
6
33
Jan
2
Jun
22
10
Corp
49 % Jan
28
No
Jan
21
preferred
Oil
Jan
9% Mar 27
par
Orumman Aircraft Corp
Guantanamo Sugar common-;
8%
7%
22% Jan
28% Jan
100
—
Ore
Green
(H L) Co Inc
Greyhound Corp (The)_
833/4
9
16
71% Jan
—ft
-
8%
12 % Nov
183 Va July 30
No par
Co
Western Sugar
Preferred
4%%
54%
—No par
5
Co——.
T)
Apr
Jan
10
par
-No
(B F)
Iron
41%
4
21
20
-No
Great
*83 Va
84
Oct
.No
preferred-
preferred
9
Jan
.No
Great Northern Ry 6%
Green
"
*106 Va ■108 Va
(W
Nor
60% Nov
Apr
-No
—
City Steel
3%%
Great
11
81%
-No par
Razor
(The)—
union
Dec
Oct
109
25%
25
—100
Gotham Hosiery
Graham-Paige Motors
Granby Consol M S St P
Grant
16 %
16
«jan
-
Granite
Feb
25
114% Oct
tGoebel Brewing Co_
;
1
Gold & Stock Telegraph Co —100
10
Goodall-Sanford Inc
Grand
10%
145 Va Oct
127
10c
Rubber Co.
*
2,400
8
22
102
'■»
Dec
20% Nov
Jan
par
6
58 Va
Jan
Goodrich Co
10
Jan
:
Jan
-No par
$5 preferred
-No par
Goodyear Tire & Rubb—_—
$5 convertible preferred- -No par
31
51
4%
1,000
9%
.
5
6%
5,100
lib
Dec
NOV
11%
4,800
30
'.72
Co
23%
79
1
134% Jan
par
Corp_ .No par
preferred
conv
Dec
13% Feb
28
3% Jan
—mo
preferred
4%%
7%
8
37% Sep
10c
Brothers
Glidden
19
13 Vb Oct
37% Jan
.
66
Oct
267/a Jun
153
Dec
Nov
22
27% Mar 20
par
5% July
17%
36
712
114% Jan
1
preferred—
conv
Jan
Jan
61%
30%
2
76
2%
Mar 21
103%
19
*69
2
61%
liu
30 3%
*171
8% Jan
160% Jan
*102%
61%
*ixO
22
31
61%
62
114
2
Jan
103%
103%
61%
Jan
18
53
114
2
104% Apr
4,400
103
MM
2
Jan
12% Jan
39
19
172
58
71%
157%
293/4
♦171
Jan
38%
19 Va
1
Oct
4%
70%
*155
61%
32%-
62 Va
70%
19
109%
May 16
38%
157%
29
*108 Va
16
Jun
Nov
70%
103%
28%
109 Va
Dec
18%
36%
*18%
*108%
18%
Sep
38%
5%
33%
Dec
15%
71%
*31%
28%
5
par
Corp—
July
10
7% Jan
par
I
7
22% Oct
23
1
par
Sep
'
29% Nov
-No
-No
116
Apr
9
125
_No
Dec
44%
Jan
103
Dec
36% July
6
.157%
6%
19
27%.
$5
29%
135
14% Apr
16% Mar
37
•MM
MM
.
43%
101%
Nov
Jan
Jan
par
preferred———
Gillette Safety
Nov
160
Jan
Jan
o-
Corp——
&
'71
Sep
17%
Jan
30%
2%
.100
Utilities——
Tire
13%
70
May
51 Va Nov
12%
16%
8%
*155
*155
'
■MM.
44%
103
33
*31%
•18%
4%%
4%%
22% Nov
146
3
-10
General Refractories
General
Deo
•
8
70%
MM'
71%
103%
,
V
■■
36%
70%
♦155
,
-
38
MM
MM
71%
23%
24
41%
*108 Vb
Nov
>
7
99
*105%
16
10% Nov
.100;
...
common-
Telephone
11% May
10% Nov
No
Gen Time Instrument
3
.19% Nov
25% Mar 29
800
58% Mar
6
Jan
General
105%
42
17
Gen Steel Cast $6 preferred--No par
35
41
109
Jan
360
*34%
40
9
5
5,700
34%
105%
Mar
Jan
42%
43
*107%
29 Va Nov
119%
120
34%
56
i
'
..
36
38%
109
103%
...
■
■.
6%
160
115
:■•■
13
26
2
Y
par.
Public Service
•
38
56%
*55
106%
37%
43%
71%
61%
34%
Jun
General Shoe
40%
44%
*107%
•
103%
36
*113%
.
,1
75
800
118%
43
34
i
•
MM.'
—♦*■.•'■
103%
*155
*103
•
i
-!jj
.
23%
42% :
56%
6%
*
Dec
24
8% July
66"% Feb
1
Equip Corp— -No par
Gen Realty &
33%
5% May
43% Aug
22
par
No
preferred
'
*100
38%
*55%
.
36%
■'" 109
22%
*
■,
1
'
-
107%
35%
*107
22%
MM
35
-
*106
35%
*107
41%
39%
*34
"No
—.
Railway Signal
6% preferred
;—
-
Deo
8
26
4% Jan
series A .No par
Gen
143
Dec
24%
Nov
6% Jan
16
$4.50 series A preferred- —No par
Va
42 %
10% Jun
42 % Mar 26
113
-No
Gen
5
*140
Jan
io
.100
General Printing Ink—
39%
*39%
143
42
34%
Apr
34
.No
3,300
50
2
10
Oct
14
118
6
Corp
Adv
53
Dec
'
39
143
29
35
_
5,600
108%
'
*34
Coi
16
*107
4%
.
$5
26 % Jun
110
4
Deo
19
—.
preferred-
conv
Aug
25%
par
-100
"No
32%
15%
-
.
3%%
Jun
44
Apr
35% Jan
18% May
Jan
par
-
—
Dec
57%
109
103%
33% Sep 19
Jun 27
Dec
Nov
20
par
common
9uj
: 2i%
32%
16
15%
.
Mills
53%
17% Jan 22
Corp
nreferred
10
60
27% Aug
Jan
27 Va Nov
49
-No
,
General Motors
.33,300
12/
.7 21
"
32 Va "
107%
'
.
500
74%
1
120%
21%
116
73%
70
127%
22"..; "7",
*115 Va
116%
It 78
109
*107
,
5%
•
3
Oct
„
108
Jan
4
"No
$6 conv preferred
Jan
5
110% Mar
Jan
17
45
Jan
—
preferred
Foods
July 20
70% Nov
93
Dec
25
Corp
General Electric
General
16
2
32
69
*—8
preierred
..
10% Aug
Jan
29
—8
Gen Gas & Electric A
1,300
26
-No
Cigar Inc
2
Dec
Jan
22%
Jan
Transportation-
cum
General
v2
5
Nov
Jan
-50
preferred
7%
370
47%
$8
7 %
6,800
24
16
—
General Baking
General
41,400
159
47%
'
15%
*158
48
420
29,800
5%.
130%
''
32%
118%
5 Ve
128
21%
109
6%
5%
<0%
'it
127
28
•
5Va
-
,
55%
*140
28%
120Va
34%
142
48%
38%
,
7
29 %
187
34
54%
5
38%
28%
167
142
34%
Apr
53%
par
...
General Cable Corp
Class A
4 8 3/4
109
143
6%
1,800
56
15 Va
;
5 Va
4%
General Bronze
7,000
34%
48%
31%
15%
*38%
5,000
12Va
55
21%
112
*140
24%
11%
142%
34%
27%
17
80 Va Jun
.100
33%
'
48%
127
31%
15%
142
Ao
$4.50 preferred
Gen Amer
Jan
Aug
19% Apr
8
41% Jun
-No par;
Investors—.
10
33,
34%
Amer
22%
12%
323/4
Gen
12%
22 Va
12
105
Jan
2
24
par
—1
preferred
conv
183%
55%
73%
21%
31 Va
22%
33
5%%
11%
48
*116
128
*103
22%
12 Va
100
Oct
Jan
-20
*181 Va
183%
54
47
74%
20%
166
5%
129%
117%
*127
113/4
*181%
17
42
32% Nov
59% Aug 20
-20
Co
2,000
12,000
12
12
143%
34%
59%
48%
159 %
48
74
60 Va
„
60%
*108
17,500
54
5 Va
131
*116
111
59%
20%
.111
20%
130
47%
*
159%
*47%
142
34%
*108
78%
53
5%
*129%
%
*76
203%
182
182
22%
*33
78
20 3/8
111
60
11%
182
♦181%
111
59%
*76
-No
6%
$3 preferred
11%
35
20%
cl A
Co
Ga%Wood Industries Inc
Gaylord Container Corp
76
11%
76
(The)
,
-15% Jan
100
Gardner-Denver
34
20%
Co
50
47% Jan
—_1
1,700
11%
2
5
25
110% Oct
Mar 28
Oct
25
Co
Trailer
1,700
34
Dec
6% Mar 20
100
preferred
V
11%
17%
30% Feb
—No par
pfd
Inc (Robert) 1
preferred
Gamewell Co
(The)
33%
Jan
23% Jan
10
Gabriel
11%
14%
5
25
2,200
33%
25
Jan
10
Co
Galr
71,700
Jan
10
_
_
V
19%
Dec
14%
41
1
Corp
preferred
prior
4% %
7,600
28
21%
*73%
10
47%
Jan
107
100
Fruehauf
: "1,880
44%
Jan
9%
10
Freeport Sulphur
11,800
160
Jan
21%
53 % Mar 26
No par
F'k'n Simon & Co Inc 7%
155
33%
105% Apr
42% Jan
par
Corp
Francisco Sugar Co
3,700
71
No
.
Deo
9
Jan 22
21% July 24
;
com—No par
Machinery Corp—
6%
6,700
V
50
33% Mar
7
103
par
Food Fair Stores Inc__
139
49%
160
159
10%
22%
♦135
-
50%
64 Va Nov
16% Aug 28
25% Jan
100
No
preferred
Food
19%
y
conv
2,600
V" 1,200
21%
■'
'
9%
9%
19%
70%
160
155
Steel
■;,
139
49% ;!
70%
Dec
4
23% Jan
*—No par
39%
213/4
♦135
51%
6%
2
104
1
Co—
28%
"
Jan
8Va Nov
Oct
17
10
—.
Co; (The)
Florence Stove
78
27
2%
2
Feb
28
223/4
9
Jan
38%
preferred
39
263/4
Dec
5
5%
5,400
Dec
47 ye
8
17
Follansbee
,
17%
Jan
13
18
300
■
9%
21%
247/s Sep
60% Nov
63% Oct
78
26%
139
67%
153
.
Aug
13%
107% Apr
34% NOV
78
393/4
Dec
84%
3
Florshelm Shoe class A
2,400
70
Apr
Apr
8
40%
76%
40%
26%'
7
Jan
Feb
6%
14% Nov
$4 preferred
400
8%
46%
78'/a
9
47% Nov
National "Stores—
Dec
7
23
Corp__
Dec
84% July 11
22
29
74%
21%
41%
66
1%
89
9% Jan
Enamel
Dec
14
28% Jan
Flintkote
<
Jan
No par
100
4% %
60
400
Apr
Federated Dept Stores
4%%
conv
preferred
First
8,500
/
t--
107
Jan
%
12% Mar 26
Firestone Tire & Rubber——-—25
800
Nov
No par
5,800
600
Dec
105
:
Fidel Phen Fire Ins N Y
.
104
Jan
9%
25% Jan
S
Ferro
(
8%
Corp
Jan
89
'
No par
3
Mln & Smelt Co
Dec
87
92%
42% Jan
par
1,400
{
50
66
No
1,200
58
110
.
*41
*"
'
67
40%
21%
139
9
67
67
50
Co
Highest
17 Ve
Jan
22
24
6
1
$ per share
20
24 '
2.50
share
8%
July 16
July 24
July 12
Jun
15% Jan
v
33
110*
50%
270
,
St
9
167/a Nov
42 % Jan
t
70%
.
32%
50%
50%
,
•
109
57%
33
110
110
74%
26%
61%
;
2
3
Federal Motor Truck
4,300
•
34
61%
108%
39
,
105
33%
69%
58
8%
66%
104%
61 Va
108%
58%
32%
110
.
23,700
;
46%
'
33%
61
108
*58
46
105
33
70%
70
v
58%
'
'47
46
34
61
■
27
8
$6 preferred
41%
19
Jan
11% Jan
per
27/s Jan
12
68% Jan
5
$
20% Jun
May 21
86
50
Cleaner
Sep
1
12% Jan
Fajardo Sug Co of Pr Rico
20
Farnsworth Televls'n & Rad Corp.t
Federal Light 6b Traction
19
32%
32%v
Co
Co
Fairbanks Morse
8,400
25,000
'
«
32%
8%
*73%
24%
1,500
;
41%
65%
21%
16
*108
8%
'28%
323/4
153/4
32%
67%
9%
64 %
31%
16
41
8%
9%
64%
31%
109 %
67%
19%
3,900
8
M
par
100
Corpi
Exchange Buffet Corp
40%
42
145%
8Va
7%
15%
•'
par
Ex-Cell-O
313/4
58%
48%
2,700
*108%
107%; 107%"
■
*63%
RR
Products
41
51
*135
60%
31%
X63%
■<
31%
rl6
Evans
31
*50
',2
7%
No
.No
Vacuum
2,500
109%
*41
21
Pitts
Eureka
60
■
Bldg
5% pref series A
Erie &
14,700
•
29%
50%
*26
109
40%
41%
72%
18
22%
109 %
41%
38%
101
Office
.
common
40%
69%
-
-
57%
32%
29
No par
RR
22 Va
24%
"49%
V
60
4
"109%. 110
*
22 %
23%
60%
!
32%
22%
23%
34%
-
.
70%
57%-
108
29%
104%
34%
107%, 107%
'
.
105
34%
"60%
106
47%
.
47%
800
16%
24
*29
13%
*104%
22%
23%
40%
5
$6 orei erred
92
109%
*108
41
29
90
813/4
33% Nov
17
^Equitable
15%
4
100% Jan
Erie
*81
Jan
16
Year 1944
Lowest
$ per share
share
100% Sep
17,500
*893/4
15%
I
per
No par
27,800
92
$
Highest
No par
2%
82
15
Service
preferred
173/4
"89%
Lowest
$5 preferred
2%
"81
Range Since January 1
$5%
340
17 Va
18
92
"7%
61
41
2%
17%
60%
31 %
109 %
2%
.
Public
"
22%
■7%
%
15%
60
7%
2
18 Vs
Engineers
140
81%
"89%
22%
60%
7'A
105%
2%
17%
81
92
15
105
2%.
18
Range for Previous
STOCK
Par
22,800
102
"102%
"104
YORK
EXCHANGE
Shares
33%
102 %
80%
NEW
the Week
f per share
$ per share
33
Sales for
Friday
Thursday
Nov. 7
.
2281
20% Jan
2
39% Oct
9
r»ar
15 % Jan
2
22% Nov
7
11%
16% July
H
37
*36
37
*36
37
37 Va
37 Va
373/4
38
38%
38%
38%
38%
38%
38%
21%
21%
21%
21%
213/4
22%
22%
22%
21%.
22%
108 Va
108 Va
*107
108
109
*107
108
27%
27%
♦145
109
150
For
273/a
150
footnotes
see
108 %
100
109
7
108
•107
108
*107
Hamilton Watch C»
108
Va
Hall
109
27
27%
27
27%
27%
27%
Water—
1,700
2,700
160
Printing
4%
Hanna
3,200
conv.
Co
preferred
(M A)
No
100
Co $4.25 pld_.No par
Refrac—
No par
Harbison-Walk
103% Aug
106
Oct
2
22
18%" Jan 12
39
-
Apr
109% Oct 25
110% Jan
12
27% Nov
9
102
15%
109
Deo
Apr
21
July
Jan
152
Deo
Jun
'
150
page
*108
'107
273/a
109
Hackensack
.
'150
2287.
*150
__
*150
20
6%
preferred
100
152
Oct
6
155
Apr
2
138
YOfcK STOCK RECORD
NEW
Saturday
Nov. 3
share
38%
39%
39
"11 »/4
11%
11%
100
100
99%
10%
13%
13%
14%
10 %
10
10%
133
133V4
132
29V4
28%
28%
102%
*101%
102%
88 %
*177 %
181%
*177 % 181%
34 Va
35 Va
34 %
34%
34 Va
112
112
112
112
*136
137
*136
137
*136
27%
130%
131
*27%
28
27%
27%
*32
*32%
30'/a
25.
24%
29%
29%
30 V4
52%
52%
53%
*45 A
19%
44%
*331/4
33%
200
31
*30%
311/4
1,000
61
61%
62
2,900
25%
301%
53%
29%
53%
aV
•231/2
*58%
58
27
'27%
..
60
84%
20
21V4
45
44%
45V4
85
84%
84 %
20%
21%
20%
21%
/'
451/2
8
7%
'
46'%
7%
7%
18%
7'%
18%
'10,500
1,800
x31 %
31%
11,900
29'%
19,000
6%
31,900
7i%
7%
7%
17%
19%
19%
19
18%
17%
19
*18
30
30 Va
30
30
30%
30%
30%
31%
28%
3OV4
30
29
28%
29
5%
6
5%
29
>
7 5%
■
29
6Va
6%
6%
61/2
36%
38%
37
37
37
37%
36%
38%
40
39%
40%
38'/a
39%
72
72
71 Va
71%
72%
72%
71%
71%
90
'91%
*90
91
90
33
33 %
34
34
34%
30%
30%
30%
30%
*58%
58%
58
58 %
57%
106'/a
*105%
106 Va
*105%
*131
134
*131%
134
29%
30%
59
59
*105'/a
34%
58
30%
92
*33%
35-
30%
*90
*90
15'/a
9%
'
52%
9%
54
55%
9'%
12%
12%
12
218%
218%
217
217%
90%
•*90%
91
*183%
184
10%
10 Va
10%
29
29%
29%
29%
29%
93%
93%
941%
94%
*92,%
7%
7%
146
21 Va
19%
'108%
54
45%
45%
146
148
*145%
152
*145%
27%
27%;
27
27%
117
V
54
*142
152
45%
.
19%
45%
45%
;
109'%
*52
146
139%
116
18%
108%
54
*53 %
45
114
18%
109
*45'/a
»141
140.
43
114
18%
109
*138'/a
42%
35%
35%
34Va
35'/a
140
41 %
111%
7Va
7%
7%
34%
*138 Va
27%
27%
27%
27%
31
31
31
31%
28%
28%
28%
28%
*42%
42%
*41%
42%
27%
32
,1
*29
-42%
*109%
110'%
110%
141
140%
141%
140%
133'/a
135
133%
133'%
*44'%
45
109%
110%
140%
110'%
110%
110%
135
30
140%
141
130
44%
3%%
310
111
Johnson
4%
Joliet
*120
*120
41%
98 %
98%
125%
125%
124%
134%
124%
125%
124%
29%
29%
29%
29 %
'*99
5%
5%
1,800
132
131V*
126
29
7
99
10
30% Nov
8
20%
102% Nov
9
71% Apr
2
Jan
82
Jan
1
115% Oct
8
Feb
15
72
Feb
15
123
Feb
15
11
128
160
&
Apr
Joy
5,200
89
Jun
134
Mar
July
63
Jan
73
Apr
125
33 V4 Nov
2
'
30 Va Nov
62
Nov
9
7
26
NOV
9
17 '/a Jan
15
-30% Nov
7
60% Jun
20 %
3
23
2
17
42
Aug
2
55% Oct
47%
Sep
Jan
21%
Nov
13 %
Jan
19%
Dec
26
26
39
42
May
13%
Jan
63 v
Feb
58% Nov
25
Aug
28
2
102
'V
.
•
477% July
Jan
14
29
3
Sep
Dec
23%
Jan
13%
48% Sep
'-
2
16% Jan
Aug
36 % Mar
;
25
2
Jan
44
.'1
Jun
'45./.
18% Aug
Apr
109 % July
Sep
22
66% Jan
2
'12% Jan
22
21 Va Nov
7%
Feb
?4% Jan 20
46'% Nov
30%
Feb
Nov
1%
Jan
2%
Jun
6
Jan
11%
Dec
■
"85
Aug
8
2
Jan
16
10
Jan
19
23% Jun
26
'B6% Aug 21
32% Feb
28
3% Jan
2
29'/a Jan
'
6
3
?
166
82
28% Jan 24
Feb 23
19% Jan 26
129
84% Jan 26
9% Mar 26
79 Mar 27
41Va July 3
39 Feb 2
92 Jan 2
137% Apr 19
18% Jan
'* 18% Jan
17% Jan.
19% Jan
36 Aug
2
2
2
24
31
343/4 Jan
22
Jan 12
145
1093/4 Aug 22
;
Feb
67% July 31
1%
Jan
6
Aug
24
Dec
56
Dec
Jan
77'%
Dec
Jan
22
Dec
Apr
20%
15%
Oct
42% July
35 V* July
Jun
88%
106%
Dec
Jan
100
111%
Nov
Mar
165
Sep
Feb
158
x87
Aug
71%
12% July
9% May
7% Jan
29%
8% July
6% .Jan
6%
Dec
105%
Nov
10% July
Jan
154 %
Oct
8%
40% July
Apr
104
Feb
Nov
188
67%
Apr
82%
165%
Jan
180%
1%
Jan
15%
Jan
65
Jan
/
Dec
Dec
3%
Aug
18%
Jun
Dec
80
"
Jan
6%
Jun
25% Apr
32 %
July
4%
13%
Dec
94
Dec
Jnn
Feb/
12%
Jan
92
Jun
39%
Jan
47
Aug
35%
Jan
43
Sep
Dec
7%
Jan
93
Feb
135
11%
Jan
20
Dec
11%
Jan
20 %
Aug
15
Apr
20 % July
15
Jan
29
Jan
45
July
Jan
144
Dec
56%
117
138%
27
38% Aug;
Feb
30
Nov
4
Nov
Dec
105
2
2
Dec
112 Va
Jan
84%
Oct
20 Va
Apr
1073/4
2
Sep
21%
Feb
68%
7
45% Nov
Feb
66
114% May 31
133% Nov
Oct
136
Jan
130
144% Oct
31
Jan
25
109
Sep
17
12 % •'
A—^,,.100
Chicago RR stamped—100
Laughlln Steel,—.—No par
Nov
23%
Jan
8
46% Nov 7
118% Nov 7
- 21
Oct 5
115 Oct 8
54 Nov 1
45% Oct 17
149 Nov 9
146% Nov 1
/ '31% May 7
?/ 31% May 7
33. Nov 7
3OV2 Oct 18
44 Sep 12
152 Oct 17
Nov
32%
Jan
46
15% Nov 9
7
9% Nov 9
57 Nov 17
109% Oct 7
11% Nov ,
12% Oct 15
231 Oct 6
93 Sep 12
187 Apr 27
13% Nov 9
30 Nov 7
95. Nov 8
8% Nov 9
37'% Oct 1
140% May 22
45
Feb
10%
25%
118% Aug 22
,100
16'/a Aug
8%
2
Jan
101
.?
July
28'/a July
38% Oct 15
,
13% July
22% Mar
42% Jun 26
76
Apr 28
91% Oct 25
38 Jun 26
307/a Nov 2
60 Oct 22
109'/a Mar 16
135 Oct 19
174 Jun 9
104% Nov 1
19% Jan 24
47% Jan 30
72% Jan 24
18% Jan 22
19% Jan 2
39% Jan 2
103
Sep 26
70% July
•37%
May 19
34
14'/4 Jaft
100
Jan
10
27Va Jan
24
90
Apr
100
Nov
2
132
Nov
9
30% May
Dec
95
May
Jan
•'128
Dec
58
Jan
80
Dec
66 '/a
Jan
93
Dec
103%
>
9
30% Sep
111
20%
9
19 3/8 Jan
Sep
Jan
20 Ya
Dec
21%
Aug
Feb
90
25
46% Nov
102
Sep,
343/4
May
1073/4
9
7
9-1% Jan
.-100
1
113
Mar 27
79
i,—.—2-100/
pref series B conv
Dec
25%
Feb
19%
Jan
23% Jan
No par
Mfg Co-
Feb
Apr
Jan
y
114
25
Jan
41% Jan
No par
'pret series A>
Nov
27%
9
25
ll00
i
Feb
75%
170
Mar
20%
2
86% Nov
29% Nov
No pa?*"
Johnson
&
22% July
133 % Aug 20
,,
.
preferred
Sep
Dec
112
Jan
75
July 20
138
21'% Aug 20
•
Jan
63%
9
35% Nov
22
130
2%
Aug
189
10
22% Jan
par
preferred
Dec
8%
2
92% NOV
July
9%
Sep
24
110
Mar
170
100
'
29%
28%
29%
11% Sep
133 % Nov
2nd preferred ser
Jone-s &
600.
100
100
100
'31,400
46%
43%
43%
42
41%
99%
% ■%
400
44%
44%
110%
42%
4
390
110%
No
Johns Manville Corp
2,300
130
Apr
Mar 26
Jun
87%
Jan
6'%
100'A Oct
20~
Co
Jewel Tea Co Inc
4,100
44%
42%
29%
63,200
11,500
1,700
400
* " 300
%
TO
135
41%
29'%
—
44%
Po^er
$ per share
Jan
104%
8
20'% Jan
International Paper Co
15
5% conv preferred
—100Inter Rys of Cent Am
1
No par
5% preferred
100
International Salt_^
_____No par International Shoe
No par ;
International Silver.
50
7% preferred
*
—100
Intern'l Telep & Teleg—
No par*
Foreign share ctfs
-—-No par
Interstate Dept Stores..
No par
Intertype Corp
No par
Island Creek Coal,,^
—1
$8 preferred
1 '
300
lllVa
110%
100
6,600
6,000
44%
5%
15
147/a Nov
Mar 13
1
Int Nickel of Canada
Preferred __
L.
-
910
'.v'' 100
1,400
__
6
101'% Oct
4
104% Jan 2
Feb 26
No par
Jan 2
.
20
11% Mar 26
15
8% Jan 6
Interchemical Corp
No par
37% Jan 25
4%% preferred-,—•
100 ■
104% Jan 3
Intercont'l Rubber,^—_No par6% Mar 28
Interlake Iron
—No par
' 8% Mar 26
Int Business Machines
No par
173'% Jan 19
International Harvester—No par'
74% Mar 21
Preferred
—i
—
100- 178% Jan 4
Int Hydro-Elec Sys class A
—23
2% Jan 23
International Min & Chem,
** 1.7* Jan 2
4% preferred
I
-100
75% Jan' 2
/ International Mining Corp
1 ' ' 5"a Jan 2
-
141
*128
*98%
29
'
12% Oct
30
6
No par
No par
Ingersoll-Rand
6% preferred
Inland Steel Co
Inspiration Cons Copper
Insuransharro Ctfs Jnc
36,400
*110%
45%
41%
■
44%
110%
100
36,000
360
110%
-
140V4
141%
*120
*120
120
44
110%
110%
*150
110%
110%
<
-
—
520
>51.400
•:. 4,400
300
/17,900
.
*150
4,300
-
'
.
*44%
45
45
.
*131
'
,
45
44
44%
43
43
*42%
184%
1,900*
8,400
800
4,700
20
14,300
16,500
1,100
.
9$%
/ 92%
.
500
4
Oct
108
Illinois Central RR Co
L_
100
6% preferred series A
.—100'
Leased 'lines 4%
i
100
RR See ctfs series A
:
3000'
Indianapolis Power Si Lt
No par
Industrial Rayon
No par
$4.50 preferred A
No par -
70
450
3,400
1,400
/
:.v
;•
152
152
*150
150
■
184% :
11%
v,'/Vll%.'-:ll%i'-:-./;!%:'',ll% 13%
30
29%
29%' 29%
29% »
95
95
95
..
*93 ' 197 .
7%
7%
7%
7%
8% .
36%
36
36'%
36
36% .
139%
*138
140
138
138V8
46% -.
44
45%
44%;. 44%
.118%
v
115% 116%
115% 116
19%
18%
18%
*
19
19 /
110%
" 110% 110%
110% 110%
54
*53
55
*53
55
45%
45%
45%
45
45
146
*140% 147
148
149
150
*147
150
*145% 150
27%
27%
28%
,
27%
28'
27%
27%
28% :
27sa -"23 :
33
32
32%
; - 32%
33
29%
29
29
■
29
^9
42%
42%: i 42%
42'%
42%
184%
10%
220
92
92%
184% 184%
91%
10
10%
12%
12
220
218
.184
184%
110
10%
12%
91..
a-
184
*108
11%
217
91
9%
56%
109
10%
*
15%-
9%
56
12%
12'/a
104
14Va
v.
56
■■
.
109
10%
9%
9%
103%
—
15'%
35
110
*108
110
*108
104%
9% v 9%
9%
55%
*171
__
15
15%
15
15'/s
*9%
107
131
130
133'%
104%
104
104
104
104
*105%
106%
132
*171
*171
*171
•
non-cum
Idaho
1,100
' 21,900
V
700
39 '
*70
71
<
*90
92
*33%
34%
29%
30%
58
58
*106
107
*129't 132
*171
xl03
103
15V4
15%
*9%
10'/
56
57
*108
110
10Va
10%
12
12%
*219
220
38%
'
preferred
Hud Bay Min & Sm Ltd
Hudson Iftotor Car
Hupp Motor Car Corp
5%
Highest
share
per
8
7% Jan
5
100
100
-
& Manhattan
Hudson
37%,",
37%
36%
37%
36 %
Howe Sound Co
1,500
7%
•'
49,000
46 Vs
share
41% Nov
9
$
9% Jan
—2o
——.
per
Year 1944
Lowest
-
.
1,200
-
45%
45%
7
6
100
84%
'*■
500
4,200
*105 %
45%
29%
'•«.
60
27 */8
106
■.841%
21
-—■
5,200
•=
:
1067/8
27
105%
»2174
841%
\
23%
106 Va
*106
20 Va
14,900.
V
46
*58%
,
27'/a-
..
2,000
541%
23V8
23%
1,200
•
29%
-
53 %
*45asa
46
23 V8
26
29%
30%/
53
*45
■;
25%
~25%
25%
47
84.%
-84%
*83
33 %
60%
26%
26%
107
107
107
33%
*30%
571%
57
26%
26%
26%
6,100
33'/4
23
23
57
58 %
58
*106
7a
29%
30%
591/4
*45 A
47
22%
22%
22%
■'
*45
46
.
570
'.'i 29
29%
„40
90
131"%
-131%
■si
25
.
136
*86
90
W)
(G
$
share
Apr
98
7% non-cum preferred—At—,-100
Hercules Motors
No par
Hercules Powder,.
No par
6 % pfd-5% after Nov 15
,100
Hershey Chocolate
No par
$4 conv preferred
No par
Hewitt Rubber Corp
_
5
Hlnde & Dauch Paper Co
10
Hires Co (C E) The
1
Holland Furnace (Del)—,
10
Hollanaer & Sons (A)
fl
Holly Sugar Corp
No par
Homestake Minings
—12.50
Houdaille-Hcrshey cl A——No par
Common
——No par
$2.25 preferred
50
Household Finance com,—No par
3%% preferred
100
Houston Light & Power Co—No par
Houston Oil of Texas v t c.
25
900
*134
137
131 %
Helme
6,100
30%
56
52%
34%
113%
30%
56%
30%
55%
*32
33%
30%
56
*29%
34%
112%
29
29
181»%
25%
33%
30%
56
*24%
"
131%
131 V
130%
40
400
113
*87
91'A
130%
130Vb
137
137
*86
91%
*86
91 %
*86
3,900
•
92V4
35 Va
1121/4
•'
30
102%
*177%
181%
34%
351%
114
114
133
29%
.
18,400
310
91
91
*177%
1811/2
*177V4
132
102%
*89
17,800
1
——JW '
of Amer cms?-. A,*.;,—
preferred (modified)—100
Hayes inaustriea inc.,
*
Hayes Mfg Corp
-9
Hazel-Atlas Glass Co___
——25
Hecht Co. —
IS
3%% preferred
100
4% %
230
per
x30
nai Corp
800
,r
.
10%
30%
*102%
91
91
10 Va
102%
30
102%
88 Va
90
*86
14%
135
*133
301/4
102%
29
28 Va
*101%
14%
10%
10%
130
11%
101 Va
*100
$
par
Hart, Schaffner & Marx
3.300
40%
11%
.
14%
14
9%
128
126
'40%
41%
11 %
100
100
100
13%
13%
10%
13'A
40
11%
11%
11%
100
Range Since January 1
Lowest
Highest
'
Shares "
$ per share
$ per share
39%
39%
39 %
11%
100
the Week
Nov. 9
Nov. 8
NEW YORK STOCK
EXCHANGE
Sales for
Friday
ThBrsday
S per share
$ per share
$ per share
$ per
Range for Previous
STOCKS
LOW AND HIGH BALK PRICES
Tuesday
Wednesday
Nov. (i
Nov. 7
Monday
Nov. 5
.
Monday, November 12, 1943
CHRONICLE
iTHE COMMERCIAL & FINANCIAL
20
.-"-V
K
118%
28%
28%
29
*28%
*118%
121
•'
V
•
T28%
121
25%
24%
59
57 Vs
58
31
31
31
,V.
25%
*57
*118'%
24 %•
31%
^38'%
243/4
37%
38
31
30%
27 ■-'■
26%
27%
45
44%
*30%
*58
58%
58'%
15
15%
14%
92%
31%
31%
*39%
4
40 Va
31%
31%
31%
40
40
303/4
30%
31%
31%
31%
31%
31%
28 3/8
28
2 8 3/s
28
2 8'/4
4,190
44%
45%
45
45'%
-20,100
31%
31
31
.
>
_
-'
^
M.
44 Va
«
•
'
453%
30%
:u-
313/4
*31
-
1,5.00
94%
93
923%
60 %
60 %-
601/2
60%
15%
14%
15%
15
15%
1,700
95
""V—
34%
35
34%
34%
343/4
34%
34%
:
110
110
110
*16
16 Vs
*16
46'%
47
48
47%
'
95
35
V--..
:
I?-.
110
93
*91
92
x92
34%
/■
63/B
42%
42 Va
42%
30%
30%
30 3/8
*56 %
57%
30'/2
*56
57 Vi
*70
71%
■
'48%
/'■•■'%
30%
32
32
58
58
*57
70
*68
*68
-
143/4
14%
14%
4OV2
40%
.:*■/. V'40%
51%
*253/4
26 3/4
*66%
11%
13
12%
12%
■'
.12%
3 "4
53%
3%
3%
48%
3%
48%
48%
53
53'
"
2C%
26
26%
523/4
26
27
27
11%
72
*96
97%
31Vji
i
*57
60
v
13Vi
33/a
12%
12%
69
14'%
39'%
11%
3'/4
33/8
48
3%
48%
3%
49
48 %
48%
15
14%
70
14%
40%
39'/4
40
53%
•
53Va
,
--
53'/4
53%
53'%
27
27%
26
26%
27Va
30
29%
30%
663%
67%
66'%
67'%
11%
123%
12 %
12%
71%
96%
12
70%
70%
*70
72
*693/8l
97
<
971/4
*96%
93
*951%
'
*98
192%
98%
192%
98 Va
98 %
98
192
192
193i%
44%
44%
*42
98%
193%
441%
98
*193
x97»%
98%
*193
194
973%
193 %
57%
60%
59%
60 %
60'%
6-13/4
64%
45 %
67%
533/4
54%
54%
55
56
58
57i%
59
*28%
29
29
291/4
29
29
281%
28%
38%
39
391/4
38%
39
38V4
40
♦42
44
,
29
29
38%
38%
For
38 y2
footnotes
see
page
2287.
45i%
*451%
.
-
li200
39'%
12V4
27 %
11%
70
2,200
2,600
r~ "100
200
14,000
,
49
66%
68
59'%
59%
,
'
18,700
13,000
1,800
3,800
1,500
'7,700
4,500
41,300
200
1,800
3,100
30
200
14,500
2,500
1,300
1,600
Jan
393/3 Mar
13%
Feb
20 %
5
23% Jan
22
41
Sep
12
17
Jan
23
32
Oct
8
20
Jan
(Julius)
B
:
r
22% Jan
'
■„
■ >■
.
1^'
,
5
v.».
Life Savers Corp
Lmic Belt Go,Lion Oil Refining Co
Llqhid Carbonic Corp
—
100
—No
par
Aug
1
Aug
28
9
Mar 26
32% Aug
60
17
'
16
173/4 Oct
24
7% Feb
58
Nov
Jan
22
12
Jan
4
Oct
,
26
72
41% Oct
17'% Jun
Oct
Jan
39
Dec
Jan
37%
Nov
Apr
X31%
38
Apr
49~%
8
'
Jan
12%
Oct
Apr-:
31%
Dec
8'/s
Dec
Dec
v
—
.<
21
4%
Jan
1%
.
Dec
Dec
8
Jan
2%
15 3/s
Feb
39 %
Dec
29%
Jan
38%
Dec
22
7
18%
Jan
217/s
Jun
3
27% Nov
7
30% Nov
9
24
67% Nov
7
7% Jan
2
12% Nov
&
47'% Mar 28
32
10 Vl
Jan.
17
22
181
63/4
Dec
33/4 Jun
20 Va Jan
78
Nov
51% Oct
22
51'% Jan
78
Dec
27%
53'% Nov
' 2'% Mar 26
17% Jan
,
108 %
Feb
.
18
36% Jan
*
34%
Dec
26
11
30
35% Jan
•
Dec
3iya
22
16 % Jun
29'% Jan 24
6% Jan
Dec
78'/a
Jan
7
47
-
Oct
Dec
9%
Feb
3
8
18
54% Oct
42
273/4
'
7
32% NOV
>
S
24% Sep
Dec
Mar
2
"42% Nov
12
4% Apr
31% Jan
"
•'
8
18
[
'
Dec
24
22
50 Va Oct
Jan
Jun
373/8
Jan
108%
x49% Nov
-
1-9%
Jun
00
;
Mar
35% Nov
7
37
Jan
54%
/
Nov
35 % Nov
112
Aug
243/4 Jun
19%
'■
15% Nov
95
Dec,
X26
13%
i
Nov
353/4 July 27
•
25
23
15
8 3/8 Jan
72% May 14
100 v
Liggett & Myers Tobacco„
8
\ / 8% Apr
...
Series B,—.
Preferred
Lily Tulip Cup Corp
Lima Locomotive Wks
22% Mar 10
Dec
293/4
>
19
38% Jan
No par
Lacledp Gas Lt Co—
No -par
Lambeirt Co (The)
;_No
par
Lane Bryant
50
/
4%% Preferred
b
Lee Rybber & Tire
Co
10
Lehipi Coal & Navigation :
_25
Lehigh Portland Cement,.
50
Lehigh Valley RR
—
No par
Lfchi^hi Valley Coal
,,50
6% conv preferred
Lehman Corp (The)
Z—lis
Lehn & Fink Prod Corp
No par.
Lerner Stores Corp (new). —No par
Libbey Owens Ford Glass,
Libby McNeill & LJbby
ZZZIs
8
453/4 0ct
26
No par
Bkk
-29% Oct
24
,1.07
10
1
—
2
35% Jan
*.
10
,100
—
-
-
31%
18% Jan
1 f
r
K^ogei Grocery St
73.700
6%
42
32
60
69
143%
27Va
67%
'67 Va
97%
*96
32'%
.
42
26'%
11%
11%
70
*70
41%
26%
'
67%
67 Vi
67
6'/a
6%
6%
41
14%
49
48
6V2
40 V*
334,
47%
!42%
14%
12Va
48
47V2
200
4
193/4
18
1,500
16%
14%
59% Jun
2,6p0
48
6»/4
40 Vi
*48%
48
41 3h
-r»*
70
70
*16%
£„■1
6%
42 Va
473%.
/.
35 3a
163/4
49V4
124
Jan
31% Nov
Co Inc
preferred
Kresge (S
Co—L
Kresge Dept Stores
Kress JS H) & Co
5,100
35%
35%
163%
34%
49
Apr
Dec
6%
"
22
4%%
170
"
X48%
16%
48%
'
6%
35
*16Va
MM
18
26
Koppers
15,100
/
111
*110
110
110
35
34%
35%
35
110
'
47%
63/a
35%
109%
47 Va
48
'
16%
46
MM
16%
■117
Mar 26
29% Jun
Jan
DeptTiStores,..
No par '
Keystone Steel & Wire Co J—No par
Klnibcrfy-Clark Corp,,_,_L_No. par
Kinney (G R) Co——
—1 «•.
$5 prior preferred—L——No par
800
14%
'•
34
124
18% Jan
Class
500
60
22
Kennecott Copper,—.,—
'
58%
3
Jan
& Co,.;__i.—,—5 »
Kelsey Hayes Wh'l conv cl A
1
'
'
Jan
13
—-—1.'
Kiyser
1,200
'
32%
109
Kaufmann
-'27%
15
44%
*30
900
21,900
4
58
*56
58
200
24%
23%
24%
3/a
3
117
£ vl ser B
No par "
Kansas City Southern— —No par f
4%
non-cupLjreferred-,-100 '
Kan City P &
403/a
58%
27
23
*55
Jan
7 20
10
Stove St Purn
Kalamazoo
80.0
:
31%
31
373/4
*303/4
25%
29
121
39'/8
■
45
'30%
—
90
*118'%
121
*118%
57%
*56
•
121
-29%
29%
29
193/4
Dec
Jan
53%
Aug
6%
Apr
Jan
3
68'A
Jan
83%
15.
67%
Jan
86%
Jan
5
195 Vi Apr
25
Mar 28
45'% Nov
8
263/a
Feb
Nov
9
36
25
49%
39
OCt
174%
Jan
8% July
Oct 30
72
100
3
Jan
Dec
42
101% Oct
2
Jan
17%
'•
68
182
Dec
Jun
Jun
Nov
32%
Dec
Apr
52
Dec
44
Dec
—No par
41% Jan.22
59% Nov
9
37
Jan
-No par
22
22% May
19% Jan
2
Nov
par
29% Nov
173/4
—No
—
47% Jan
Jan
30 Vi
-No
par
9
193/4
29% Jan
,
2
40
Nov
Dec
,Volume 162
Number 4437
THE COMMERCIAL & FINANCIAL
CHRONICLE
NEW YORK STOCK RECORD
LOW
&atorday
AND
HIGH SALE
Monday
Tuesday
Nov. 5
Nov.»;
Nov. 3
$ per share
PRICES
$ per share
STOCKS
Wednesday
$ per share
').$
■
Thursday
i
ANOV.
Friday
Nbv. 8
per share
y per
Sales for
Nov. 9
share
$ per share
33 %
30%
33%
32%
30%
30%
31%
32
65
%
32%
32%
32%
32
65%
65%
65%
66
65%
66
22%
64 44
6 5%
22%
22%
22 3A
71%
72
29%
30
176
%
70%
176
*26%
•
175
27
27
63%
64 %
63%
16%
>
17
16%
35%
33
223/4
22%
70
67
67%
30
29%
30
176
27
176
*26
27
x2l%
29%
263/4
30
27
x:
27
2634
Lockheed Aircraft Corp_
Loews
2,400
Lione
7
64 %
66
643/s
65*%
64%
Lorillard
17%
16%
17
16%
16*%
19% Jan
per
share
35% Nov
25% Aug 10
32% Nov
66% Oct
1
_No
Highest
t per thare
28
15% Jan
par
Jan
6
14%
Jun
23 Va
403%
Feb
53
8%
Nov
Dec
23 3A Sep
19
Jan
16 *%
Dec
23
40% Feb 20
74
Oct
29
28
Jan
44
Dec
10
;
Biscuit-.
(P)
share
7
50
$ pet
9
18% Jan
2
30
Oct
22
17%
Apr
20 3/s July
4
183
Co
preferred
,__100
Louisville Gas & El A
500
65%
16%
Year 1944
No par
Long
7%
$
share
Lowest
No par
Cement Corp
Bell Lumber A
Loose-Wiles
150
per
Highest
31
Inc
4,700
4
$
1
etar
2,100
178
17
■
Par
1,700
64%
.
"
18,900
,
V
Range Since January 1
Lowest
-
67
*177
Range for Previotil
STOCK
16,700
22%
66
178
177
35%
34%
223/4
69
29%
175
33 %
29%
72%
29%
33
YORK
EXCHANGE
Shares
32%
65%
22%
"
33%
NEW
the Week
No par
50
2,400
Louisville & Nashville
4,000
Lukens Steel
Co
166
Jan
23% Jan
52
10
July
27% Mar
2
27
Mar
66
13% Aug 21
151
5
1
Jan
20%
165
Deo
24%
Jan
Oct
7
Nov
17% Sep
28
36% Oct
18
M
*35
36
*152 %
*35
154%
46
61%
61
110
33
21
21%
525
10%
■
10%
24%
24%
34
34
5%
24
24%
34%
9%
9%
17%
17%
32%
::
33%
33%
114
19%
54
:
•••
38%
29%
'
■
*186
109
109
13%
13%,
52
52
114
35%
37
115
21%
-56
'
29%
29%
64
'
64%
*38%
■:
39
*107
108
24
114
25%
26
20%
v
*104%
105
105
44
44
■i!
1,900
•
29
133/4
13%
491/4
31 •
31 'A
'
i v
41% .'42%
21%
106
26
1083A
"
107
24%
105%
114
21%
105%
107
44%
105%
.106
45
106
45
45
-
<•
37
38
10%
10%
10%
29%
47
29%
-
'
48
159%
3%
3%
53%
48%
*
68 %
18
•
54
'
72
■
53%
11%
115
*112
*108%
110%
112
*110%
11
'
11%
11%
121%
122
173/4
112
112,
*1103/4
12%
•'••11%
*117
31%
32%
15
313/4
15%
15
153/4
143/4
40%
108 %
fcll3
*
49%
30%
■
108%
120
*109%
112
'72%
73%
■>::
*50
31
t
X112
115%
*112%
116
116%
*113
116
110
110
*108
73%
<
*50%
'••
112%
112'
74%-
*51
53
72%
53
*51
39%
39%
39%
*39'%
39%
393A
38%
39%
39%
39%
38%
39%
395/a
39s/a
39%
39%
*38%
30%
30%
30%
30%
31
;
43%
16%
108%
108%
*106%
37%
37%
120%
120%
112
112
18%
18%
*62
66
V
Apr
32 aA
Oct
14
Feb
22
Dec
47
Mar
553/4 July
24
Apr
6
104
Morris
&
Essex
motor
17%
108%
17
16%
1644
108%
3,500
Mullins Mfg Co class
*106%
106%
106%
*38%
393/4
121
112%
66
*63'/ax 66
"
122
122
122 3A
122%
112%
1123%
11244
11244
io/8
1078
8 74
*63%
-
65
*62%
65
V
100
Jan
94
Jan
Nov
17
«y»
Jon
1$%
Dec
86
Oct
17
37
Jan
>45% May
50% Oct
9
25
imMi'
2
27
Jan
38
Dec
Jun
29
107
Dee
107
Deo
103/4 Oct
2
6
Apt
8% July
313/4 Oct
19
Sep
2BVt July
Jan
•
111
-
Nov
9
Mar
6
116 Va
Oct
10
46
Apr
683/4 May
22% Jun
18
12%
Oct
19% Dec
75
-
•
5
July
16
5
114
Mar 13
111% Apr 24
12% Nov
122
163/4 Jun
3
9
173/4
Feb
18
9
18
13
Sep
29% Nov
25% Jan
2
-33
Feb
2
-113
Nov
7
116
Jun
28
Sep 25
113 " July 26
1063/4 July 26
2%
8%
Jan
Aug
Oct
2%
t>ec
46
Dec
114
Dec
113
Nov
112
Dec
9%
111
Oct
Jun
23% July
6% Dec
Jan
18%
Dec
29
Jan
39%
Jun
193/4
5
79% Jan
111.
108% May
107
Sep
6% Jan
Jan
52
39
1443/4
Oct
Apr
Mar
03%
49% Jun
-
36%
105
Jan
16
32% Nov-
-
•
22
7
Oct
1%
2
58% Oct
113% Jan
2
47 % Jan
Aug
,
50
-
10
Nov
.
160
»
5% Jan 22
26
55% Dec
'
23%
27%
4
Jan
Oct
38%
3
Oct
Sep
Apr
Jan 24
May
Dec
31%
-
3
Jan
.19% July
19
47
-
3
Jan
16% Aug
Sep
283/4 Oct
3
16% Jan
43A%
41
8
119
Apr
2
113
Jun
11
Sep
Apr
25
111% May
117
Jan
114
119%
Sep
Aug
743/4
Nov
107%
Jan
88%
113
Oct
Oct
743/j Nov
8
41%
Apr
493/4 Nov
2
35%
Jan
42
Oct
443/4 Jun
21
21%
Jan
35 %
Deo
44 % Jun
23
23
21
31% Jan
53% Not
6
No
9
15%
183%
Jan
9
Jan
25 V*
Dec
Oct
10
26 Va
Apr
333A
Dec
4 Va
Jan
10%
45
109
-
Nov
1
72
Jan
38
Oct
19
20
Aug
9
70
May
Jan
4
110
Nov
i3
Jan
5
193/4 Jun
20
87/a
Jan
53
Jan
5
62
Oct
17
43%
Jan
11%
Apr
X82% Feb
15
122 3/4 Nov
109 V4 Jun
.100
21
115
__IC
No par
-
97Ye Mar 27
22
Jan
8
par
No par;
No par
& Bro-—
■i
32% Oct
17% Oct >1
••-
6
9% Jan
33% Nov
•
2JV2 Mar 27
•
—__1
B_
-
34% Aug 21
■21% Jan 20
__tl
——
preferred—r
Myeris tFE)
Mar 26
32% Jan
1_—
Co
Murray Corp of America
;
Jan
70
36
•
Oct
Dec
13
82
8
22% Jan
No par-
Corp.
Brass
preferred
$7
600
/
Wneei
Munsingwear Inc..
Murphy Co (G C)
16.9U0
J.
Jan
15
108 3/4 Oct
109% Jan -4
—
Motor Products Corp__
330
1078
187/a".
8
1093/4 Oct
•
7'/a Mar 26
——50
deposit!
Mueller
112%
213/4 Nov
12
108
No par
—:
Certificates of
1,200
121
28,%. Sep
111
'
5,600
118%
Sep
-
108% Aug -7
par
1,400
112%
103
13A Mar 27
par
No
3344
70
Aug 29
42% Mar 26
2.50
No
Ward & Co
(John) & Co—
44
200
Dec
13%
Jan/3
983/4 Jan
109
10
-j—
$4 preferred series C
30%
i. y
1043/4
Feb
94
37
par
43%
38%
Nov
Apr
10
14
: 7
543/8 Jan
—
No
33
*38
28%
07
114
33 Ve Mar 10
par
Preferred
30
'*■
21% May
9
24
14% Mar-10
No par
33% '
38%
7
8
253/4 Nov
-
35
;
Tool——No par
Co_
-—10
435/8
*38
1093/4 Jan
•
$4.50 preferred ser A
313/s
107%
39% Nov
1083/4 Nov
Sep
5
13% Jan 25
-—20
series B
Apr
-
24%
100
24 Va
84
1163/4
Jun
Oct
Oct
July
Nov
Feb
143A Aug
63 % Oct
N
r
23%
23%
54
56
23%
24%
24%
25%
23%
243A
X54%
J
23%
54%
24 3/a
54V2
55
52%
54
29
52
52
28%
29%
29%
293/8
29 %
29%
4.300
National
Acme
29%
293/4
29
29%
9,400
National
Airlines
28 %
28%
29%
29%
29%
29%
29%
17%
297/a
17%
17%
18
18
18%
23%
28%
23%
32
190
-23%
32
*186
U
233/4
23
32%
'
*186
X18
18%
23%
22 3A
23%
33%
327/e
,
•
„
23%
2.400
33%
13,900
32%
*186
26%
27%
27%
273A -
27*
17%
17%
17'A
173%
17%
40%
41
403/a
40 3A
40
4044
29%
27
27%
27%
28%
11.900
;17%
173/4
17%
1744
17%
7,900
35%
37%
353A
37%
; *11%
12%
40%
41%
40%
40%
25%
26%
27
30
17
17%
17%
17%
34%
35%
35%
35%
"34%
34%
34%
35 3A
*11%
12%,
*11%
12'%
65%
66%
22
65%
54%
*53
*52%
22%
*105
32
188
188
160
105
;
160
20%
20%
31
-
69%
70
27 3A
•
173/s
75
70%
69%
7044
53
53%
22%
6,500
*104%
105%
30
52 aA
22%
21%
22
.32
32%
188
*104%
188 %
..
20%
20 V4
20
30%
31%
31
40%
40
31%
32
•
187%
187%
162
163
163
163
31%-
40%
32%
190
74
16% Mar 27
Share
181% Oct
Corp—No par
20% Jan
23
i~ ..10
37
Jan
-
.z-1
13
Jan
-
20%
1,400
30%"
3144
3,100
No par
*22%
23
22%
*95
13
103%
a 05 3/4
IO534
*10544
23
23
13V8
133A
23
22%
23 %
2244
49
50
50
50
*95 %
23
108%
*105%
*101
*107
109
*106%
107%
*106%
109
see
X12%
103%'
109
footnotes
22 3A
108%
103%
*107
For
1053/4
22%
133/8
*105%
page
19
29%
1053A
49
50
108%
19%
2944
10534
22%
23
*48%
*105'/4
22%
13Va
12%
13%
108%
*
2287.
108%
107 %
109%
*105%
13
22 34
52%
108%
1244
22%
-53
*106%
29%
10544
760
210
23
1.200
National Supply
$2
108%
108
107 3A
109
10744
109
%
130
par
No par
21
4
-
..10
15
84
Jan
103/a Jan
Dec
25 Va
Jun
3
43A% conv serial preferred— .100
Ni»mhprry Co, (J J)
No par
3%% preferred
.100
New Jersey Pr & Lt Co 4% pfd. .100
Jan
22
103
F< b
6
66
Jan
4
106
Oct
3
05% Jan
31
4
Feb
57%
Feb
113/4
Feb
7%
Dec
Dec
Jun
Jun
Dec
70
Jul /
*7%
jl>1v
19
Oct
10
24 3A Nov
30% Mar
105% Oct
29
79%
Feb
95
106
Oct
31
83 Va
Jan
98%
24% Oct
18
5 Va
Jan
11% No/
33% Mar 16
17
15% Mar 26
30
18
20
10% Jant" 3
.„_1
Oct
32% Oct
263A July 26
92% Jan 15
No pat
5%
13% Oct
Apr
97% Jan
Oct
32 3/4 Oct
40 % Nov
22% Aug
—No pat
i
-
7% Jan
65
..40
preferred
_•
prior conv. preferred— .100
6%
.100
prior preferred—
National Tea Co
..10
Natomas Co
109
(The) Pa
.—4
i— ..23
conv
Neisner Bros Inc
100
...
No
c
16% Jan
5%%
Nehl Corp
100
Dec
14% July
34
9,700
108%
37
IO43/4
Apr
Corp.
3.200
*95
25
Jan
28%
Steel
1,600
100
33% Sep
87%
Jan
Products Co
National Power & Lt
23
13%
20
33
National Oil
53
109
*
1.500
106
100
,
11.000
Jun
22 % July
National Sugar Ref Coj..
29 %
108
23
l.lOO
105%
Xl01% Aug 17
159
3144
1944
19%
Feb
Apr
31%
29%
Jan
9
Dec
31%
105%
Feb
26
8
Jan
National
19 %
30 %
2
Dec
Mar
17%
200
29
-7
22% Oct
-
4
12
16
5,100
105%
37% May
Nov
54% Nov
75
2
253/4
141
62,000
29
13% Jan
113/4 Jan
24% Dec
14
Nov
May
13%
106
19 Va
7
12 3/a Mar
38
-
T63
82 %
105 3/4
Jan
9
37% Nov
2
Jan
39%
29
Feb
Sep 28
13
105%
xll%
21
62%
*105%
17
152
preferred B—...
13%
29
18 3/s Oct
233/4 Aug
14 3/8 Dec
/National LinOn ServlcO Corp.L— ...1
•Nat Mail & St'l Cast CO.
No par
82 3/s
105%
105%
Dec
Sep
181
13
29
Apr
34
XlO
Feb
82%
105%
17%
Apr
5
Jan
13%
105%
Jan
26
Nov
19
82
*31
8
3
30
164
13
32%
Dec
May
82
31%
21
192
13
19%
8%
Feb
2
82%
32
Dec
Dec
19
12%
18%
'
181
Jan
81%
31%
18
Dec
Mar
Sep
13
31'A
165"
13% July
24
82%
•19%
15%
243/4
177
—
12%
19Va
Jan
18% Oct
-
4
24% Jan
Jan
20% May
100
;—... .lOo
-
preferred A
6%
.
Jan
Dec
..10
1%
8?
31%
13
7
19%
9%
24
Dec
Dec
41 Va Nov
2
6
9
—NO par
jNatidhal Lead Co
90
30%
Apr
273/4 Nov
20% July 17
113/4 May - 5
353/s Jan 22
$4-50 conv preferred—
280
20%
*38%
31% Apr
12% Mar
1
National Gypsum Co
8.000
30 3A
393/4
13% Jan
No par
192
Dec
20%
9
8
413/4
Jan
18
24% Nov
-33%.Nov
15
Nat Enam & Stamnlng
27.700
-
Mar 26
.100
preferred
—
20%
*39
25%
Jan
13%
19% Nov
13% Jan- 24
-1—t— ._i0
17% July
28
Nov
29% Sep
29% Nov
9% Mar 26
...5
Corp
Co
Cylinder G is Co
:— ...1
Nat Dairy Products
——No par
National Dept Stores
No par
..10
6% preferred
NAt Distillers Products^.
No par
9,200
30
40
__1
—-
National
18,000
*188
160%
*20%
31%
1C5 %
3644
56
2
National Can Corp
Nat Cash Register——
500
2144
53
105%
38
36
25% Nov
23
20% Jan
National Container.
12%
37%
15% Jan 20
35 3/a Jan
.—1
—
—-—.
—;
Aviation
Nat Bond &
11,300
*11%
21%
160%
1744
2,100
12%
105%
162
•/
27%
36%
188
i,
17
7 %
37*
22
53
27%
St.
.—8
Louis.i... .100
Corp
&
Co
National Biscuit
190
36%
:•
72%
53
54
*185%
*11%
186%
40%
,
17%
37 3A
32
*160
190
*186%
:
31%
31
*39%
190 .:*■
105
21%
106
31%
National
3,400
27%
32%
190
Chatt
Nat Automotive Fibres Ino—i— ...1
11,100
2344
*
17%
17%
Nashville
530
18% ,19
33%
Nash-Kelvlnator
54,700
26%
*26
"
Mach
112%
9
Monsanto Chemical
323A
18'A
*62%
Monarch
Feb
7
No par
L—100
Ine
Co
30%
120%
-
is
Hosiery
lviujua
27
Nov
No par
U
109%
30
1
preferred series A
Carpet M111S.
7%
43%
16%
22
.
-12% Mar 27
No
Mohawk
32%
7..'
16%
9
42% Oct
66% Nov
Impl
Mo-Kan-Texas RR
i
127% Nov
Dec
2
s
423A
; :
Jun
July
2.
i
Corp—
31
16%
21
44
1103/4
Jan
par
No
preferred—
42
38%
*111%
150
Jan
11% July
Mar
193/4 Jan
D—_L—100
series
Power
30%
'
108
*38
*118%
303/4
Mollne
Montgomery
540
39;
16
4% Mar
32 %
106% Mar
52
3
i.—100
preferred series C—
100
preferred
Minn
Morrell
38%
9
Aug 13
30% Jan 25
-i.l
Regulator
31
42%
16%
40
15,400
Oct
31% Nov
110
pfd series B
conv
42%
*30%
*42%
*16%
73%
20
>55 '
39%
30 %
i%
>
-50
SS M
&
vtc
Minn-Honeywell
26,800
1,400
29%
:
Aug 20
Mission
1,600
Jan
13
7,600
";31!
113 '
103%
A vtc—No par
-J.
No par
32%
111
9
.
Mar 24
$6.50
8,000
Oct
53
100
27'
52
35
124%
900
6
137
4%%
25,500
Sep
par
4%
15%
114
8% cum 1st preferred^;
_i—100
Minneapolis & St Louis Ry—No par
21,300
39%
Aug 14
253% Aug 21
St P
2
15
.10
Class1 B
8
15
27% Jan 29
193/4 Jan 25
No par
No
Co
Dec
Nov
Oct
17 % Jan- -3
Co.
Jun
24 Vs
176%
13% Oct
-
7% Jan- 23
11%
*112%, 116 !-v
*113V4 116 '•
*108
112f
112.
73% * 743/8
:
73%
110%
31
116
53
20
26
v 303A
> 30%
113
115%
112
*50
3,400
49 '
110
Mar
55
3
14%
7
4
170
12
Sep
51% May
29
15
403A Jan
106% May 16
Minn
2,000
5344
"
120
72%
53
30%
"3%
112%
49
2754
111
~
10,900
38%
50
27
I-
40%
49%
114%
*109%
,
38 3A
50%
29
109
113%
*116%
,
403A
50
-
30%
109
113%
.
116%
393A
29%
28
49%
28%
30%
Nov
; 8% Jan
100'
31%
153/8
30%
109
104% Sep 19
3
11%
32 3A
14%
38%
Nov
1
*119%
14%
.
180''
500
18%
A—
Mid-Continent .Petroleum
Midland Steel Products
2,900'
*108%
11%
32
50
50
159%
*11044
r
.
112
31%
39%
.49
Metropolitan Edison 3.90% pfd
Miami copper..
i
1
7,000
53%
122
31%
38
34% July 17
preferred—-L:—50
& Mln TranS
Machine
112%
110%
31 %
*49%'
8
May 17
1
Mesta
6,900
69
1744
3%
112
*108%
122 /
48%:
1st
Merch
70
.30%
69
3%
54
••'
10%
159%
70
53%
115
110%
*118%
,
303/4 Oct
195
(The)-J.
conv
253A, Dec
22 % Aug 21
•176% Jan 12
_110
Corp—
200
*
10%
5%
Jan
20
No par
400
4934
110
Mengel Co
•
360
38 .Ue
:
30%
1
48%
3%
'
53%
*111%
:
~
159%. r
173/4
*••"
3V2
27'A
-•
Melville Shoe
243/4 Jun
Dec
16%
par
Co
$6 preferred series
>$5.50 pfd ser B w
1,200'
5,500 *
80%'
*48%
30%
48%
45%
80%
*37 '*•"
*109
103/4
70
18%
3%
.
49%
159 %%
>
*108%
*110%
112
122
'
460
2644
109
30
30%
70
106'
"
-
10%
159 3/8* 159%
18%
3%
„
109 '
4444
37%
49 %
4,400
Mead Corp..;—
106
9
May
20
Apr
t—100'
McQu&y-Norris Mfg.
34% Nov
21
Apr
Jan
__1''
1,500
•106
"
•■"-•
•-
82
109
21%
22
Jan
16
4%
B
Co.
preferred
Jun
.18
!
No
Stores
Oct
37 Va
No par
Inc
8'A
25% May
193/4 May
ui—L
Oct
Aug
13%
Nov
7
■>;
Dec
4
12%
37
111
7
100
i—•;
preferred
■5%
90
,
27'-
21%
27%:
37%
'
49 %
70
11%
38
108%
17%
*110%
-
49 %
108%
70
*117
■
49%
108%
26%
7
$4
McLellan
183/4 Jan
Dec
16
6% Jan
/
Nov
1
McGraw-Hill Pub Co_—,
4,000
115%
Jan
Nov
,w_l*
McGraw Elec OO
•
400
2544
*114
26'A
21%
44%
109%
25%
'■
\
26
105%
v107
*108
25%
114
213/4
21%
s
108 3A
"■
26
'
29%
53%
320
1,000
243/4
56
1
3,400
108% 108%
24%
25%
5'114
114
.V
10%
114%
110%
42 '•
10%
Feb
.41
Mclxuyre Porcupine Mines
17%
53%
127%
Nov
19
9% Mar 26
par
Jun
2%
22
40
par
Oct
Dec
391
Apr
Feb
Mar 26
McCrory StoreS Corp__^
5% conv preferred w tfr
•
McKesson & Robblns
69
*109
McCall "Corp__i—
900 '•'
5,300
67/a
Dec
19
22%
183/4
27% Jan. -4
__No par
2,200
17
*111%
127
*41
v
$6
No
2,300
69
3%
par
No par
preferred
1st cum. preferi-ed-
$3
39 %
20%
*158%
31%
t
66%
26%
159
47%
.■
30
*80%
159 '
47,
30%
42%"
/
■
30
39
25%
46%
300
64
80%
46%
111',
10
Jan
38 Va May
108 %
10%
;
,5 3/4 Nov
.
..
315
15
30
80
45%
4,800
52
111
9
Nov
21% Jan
_No par-,
39%
80
29%
13'/a
'52
Nov
27
Sep
109
par
No
30
80
29%
3,600
17
34 % Nov
16
18% Jan
;
Oct
34%
100
Wks—
63%
80%
10%
9
15% Apr
u——1
7%
preferred—
May Department Stores.'
$3.75 preferred
Maytag co_„
>
38 %
'
37
73/a Mar
5
No
—i—
63%
24%
*49
2
No
Co
293/4
80%
10%
Corp
Corp
39%
108
108%,
3% Jan
*1—1,"
1
30%
26%
49%
20
1351
8
12
17
Jan
—
63%
106%
38
Jan
24
Oct
525
3
14
5
Co
Mathieson Alkali
560
1334
•
130
*41%
L)
7
par
Corp_;
38%
.44%
108%
4644
483A
*126
130
Masonite
,
1 08 3A
313A
31
26%
,
46%'
111
*48%
Martin-Parry
6,100
■
'
*48%
(Glenn
Master-Elec
193%
108 44
52
111
26%
>
Midland
Jun
May 29
47% Nov
Mar 28
7% May
St
293A
114
425
1
'
•
133/4
•52-
52%
26%
*49
29
*186%
49
109
27
*108
283/4
193%
108
•
27
*37
Jun
No
i
63 %
*104%
••/-:
V
•
111%
*126
25%
20%
106 V!
143/4
.-.i—
30
*113%
8
17
50
39
24
;v:
23% NOV
;
63%
108
24%
*113%
109
13%
41%
*29%
63%
38%
/; 2,500
403A
28%
'48%
,111%
126
41%
55%
40%
*186%
7 46%
*52
*: •
30%
%
14,100
55%
403A
293A
107%
13%
2044
56
40%
•
193%
47
34%
555/a
41
1
28 3A
*186%
*•
52%
124
Jan
18,600
53 3A
29
Jun
14
Martin
115
40
28%
104
7
14,800
*110
20
28%
1
Nov
36%
36%
115
20%
114
Mar
34
Ry 6% prior pfd
,.100
Marshall Field & Co
,a
No par;
4%% preferred
-100
21
109
x263/4 Aug
110
3
3,730
193/4
47
8
24
_—
49%
41
36%
fllO
22
16% Feb
9%
Market
Dec
31% Jan
Exploration.
Marine
Dec
Nov
48
10fi% Jan
183/s
15,100 "•
30
148
Jan
63
9%
33%
49
40%
36
...
Bros-——.
Maracalbo OH
Apr
Feb
155
2
Co
Manhattan Shirt
25»%
16
17%
y
>
33 '
49%
;■
17%
31%
*49%
126
17 Vis
31%
193%
♦111
.*124 !
17 'A
54
*51
*111
9%
*108%
29%
45%
108%
13%
■«.,
9 5/8
40
38%
:
9%
303A
54
46 %
16,100
9%
pfd series A
Sugar
3
Jan
47% Jan
No per
*.—100
-
Mandel
900
5%
147
par
No
Manatl
1,100
33%
53/8
20'/8
28%
*186%
193%
45%
24%
33%
55/8
28 3A Jan
100
Inc.
Mahoning Coal RR Co_;
18,800
33%
17%
;
4%%
)
12
*23
Trucks
Madison Square Gardeni—No par
Magma Copper—
10
7,800
5%
•
30%
19%
54%
'>/ 38
525
11%
24%
x33
34%
5%
'
;
115
30
,*490
113/a
23%
24%
,
5%
35%
*110%
30%
19%
11
,525
200
10
-
Macy (R H) Co Inc
600
233/a
'
5%
'
*490
11'/a
103/4
34
5
•
.,
Forbes
Mack
J2.900
33
22%
St
preferred
2,100
•
1093/4
.32%
,,
233/B
6%
47
*108%
35
213/4
MacAndrews
62%
46%
110
*34
525
24%
-1' *33
17%
*103%
"7 30
;■
10%
9%
16%
21%
*450
5%
9%
29
525
10%
34
21%
"
61%
47%'-*
*108%
109%
333/4
21%
*450
■
109%
34%
21%
34%
154%'
625/s
47
46%
*34
*153
154%
62%
63
46 %
35
*153
154%
61%
109%
*33
V
■
*34
36.
*153
46%
,46
*108%
..
33
*445
*35
154%
60%
61
46
*103%
36
*152%
.
Dec
133/s Nov
5
24% Oc.t
6
13%
Jan
11% July
183/4 July
Nov
9
22
Jan
32 Va
105%
53
9
Mar
Dec
Oct
12
96 Va
Jan
108
Oct
29
56
Jan
68
1IJV
109
Nov
8
109% Oct
2
104
Deo
106
Dec
108% Mar
Ifi'i -fr,
2284
LOW
Nov. 6
$
share
per
42%
42
31%
33 Vt
22%
22%
223/4
22 %
22%
53'/a
29%
30%
30
54 Va
49 Va
20%
xl8%
18%
]73A
*48%
49
48%
48%
258
257
258%
257
257 %
126
126%
126
126
125%
I
28 Va
28
3A
28%
28 3/4
28%
13%
12%
13]/8
.
*110%
112
57 Va
*56%
573/4
57 Va
13
133/a
133/a
13
13%
112—
110%
110%
13%
30 Va
31%
31%
32 »/a
112 Va
*111%
112 Va
49%
.49%
48%
?
112
-49
*55
56
14
*13%
13 Va
*13%
17
*16 3/4
56 Va
16%
16
113
.
.
24
24
.*31
32:
32 Va
*87
95
:
r
/ *87'
.
20%"
*87
17%
19%
*31
*87
91
*85
87
,*37%
38
38
45
46
44%
44%
45
59 Vt
59%
59
59%
141
59%
141 %
141
171%
172%
8%
8%
22 Va
34%
Va
34%
,
*109 Va
11
:
103/4
74%
109%
44%
44%
59
3%
34%.
61%
35%
28%
13%
13 Va
19
183/4
*70
,
72
140 '/a
140%
44%
47%
V-
46%
14%
14
14 %
6%
7%
,
6%
97
*95
94
■
26%
*26
*113
*26
42%:
.
48
94
*93
93%
«
*27
27 Va
'26
36
27 Va
112 Va
"v
96
85
14%
10 Va
15%
30
*111 %
*111%
112
28%
1183/4
"
28%
163/a
*118
16
16%
37 Va
38
38 Vt
283/4
28%
16
38 Va
66%
64 3/4
*110%
111%
28
125
*120%
*25
*120%
51
51%
51%
19%
19%
193/a
34%
35%
*35
*107
108
*107
*121
135
*121
6%
6%
6%
86%
86
86
*10 %
10%
103/a
993/4
99 3%
*97 Va
21
21
'21
205
*200
*200
9%
9%
9%
12%
12%
12%
125
*113
*113
52
113%
113%
113%
28 3A
28%
17%
17%
37%
66%
*110 Va
*26
*120%
53
%
8,700
i
Phillips Jones
123
*120%
54
53 Vt
123
;
7%
-
54%
'
135
*121
135
1 6%
6%
6%
88 Va
89%
88%
10Va
10%
10 Va
99%
100 Va
Z 99%
*200
12-/4
125
205
12%
35%
35%
65/a
-
21
21
18 3/4
*99
35%
2,600
893/4
300
34%
34%
1,100
19%
,
18%
♦100
100
18 Va
100%
23'A
23 Va
*22%
23
293/4
*29 Va
30%
2934
293/4
*293A
30%
22%
24
24%
243A
24%
25 %
23
24
21%
22 Va
22
22%
22 Va
22 Va
22%
22%
22%
22%
65 Vt
66
65 %
6£ 34
65%
65%
65%
653/4
65%
653/8
23
•
-
26%
273/a
26 3/4
27 Ve
263/4
27%
110%
111 Va
110
110%
110%
110%
110%
110%
560
115
115%
113 3A
115%
114%
115%
115 Va
116
1153/4
1163/4
1,450
129
130
130
130%
131
132
1323/4
133%
132%
137
890
142
141 %
144
145 %
146%
144%' 146
143%
145%
650
f
footnotes
see
page
2287.
Jan
198%
Jun
C 14%
Jan
23%
Dec
/
Sep
•
/
24 Vs Mar 14
37Va Jan: 20
118
Aug
'
503/4 Oct
17
2 V 258% Nov
Jart
8
126% Nov
7
28% Nov
17
19% Jan
2
.
—
1st ser conv pr
—
'
Pub Serv Corp of N
preferred——
6%
preferred
7% preferred—
8 % preferred
J—
$5
—
—
1223/4
Dec
Jan
1
July 31
51%
Jun
Z
7%
Jun
f
.9
1103/4 Jun
26
z 100
Z 173/4 Jan
31
35% Jun
26
xl3
3
112
47%
Jan
19%
Dec
Z 543%
Dec
Z Jan
V4 Jan
50
" Apr 11
6% Jan.
2
Nov <i 5
57
.
Nov
46
:
V
17%
1
"
12
40 Va
5
2
f
20% Feb
28
x31% Nov
1
.3
IHV2 Nov
9
5
;16Ve Aug 20
Z; 24% Jan 24
1063/s Jan
2
.16% Mar
107 z; Jan.
4
118
13% Jan
22
*253/4 Nov
23% Jan
2
32% Nov
11% Jan
.
8%
2:
7
32% Nov
78
.
7
1
39
160% Jan
Mar
6
16% Jan
;
.
Oct
46
:
2
3
Nov
24%
Aug >
157
Sep
64
Jun
Jan
Jan
13
Apr
Sep
48%
Jan
14%
Sep
39%
Jan
48
Dec
Z 25%
Jan
42%
Dec
llt% Apr
123 Va
Dec
163
Sep Z
'
Jun
23
Aug 17
5
Jah
149
8
28% Jun
Feb
Z
3%
Jail
Feb
•
31
36
1
4 % Nov
~2%
29
Oct
11
14
5
8
Oct
24
59
Jan
5
Mar
9
1423/4 Nov
10
473/4 Nov
17% Jun
Jan
2
>
113
5
33% Aug 21
May
43% Nov
;!
37 V8 Mar 28
303/a Jan
16
Jan
18
Nov
Nov
July 27
36% Nov
19% Jan
2
433/e Jun
19
117% Jun
2
1161/2 Jun
9
Jan
Apr
6
Oct
16
8
Jan
2
9Ve Jan / 2
Jan
Mar 22
10% Nov
15%
7
Nov*Z
17% July
Jan
5
Aug
Feb
x70%
Nov
Mar
183/4
Dec
Jan
112
Jan
32
Jan
Dec
33%
55
70 %
Dec
Dec
Dec
5%
Jan
173/4
22 Va
Dec
26%
10%
Jan
19%
Dec
54%
Jan
96
Dec
333/4
'
108
Dec
24%
21%
25
35% Nov
63
Apr
Dec
Nov
113
25% Mar
11
26
59%
110% Mar
"
106
Dec
20%
2%
18
92 Va Jan
8% July
Jan
Apr
Apr
16
2
21
Jun
>37%
16
23
Dec
Aug
9 Va
7
28Vi Oct
14% Jan
2%
31%
5
Z95
37% July
23%
13%
9
49
Dec
Dec
30
Apr
Feb
933/4 Feb
7
■
41 Va Nov
18
69
Apr
19
July
Apr
4%
,
26 % Mar
3
,
15%
May 28
8% Aug 14
99% Nov (1
Jart
Sep
:
51%
23
11% Aug 23
Jan
65 %
Dec
233/a Mar
105%
•;.Z
7
.
Dec
28 Ve July
Oct
107 Va
Nov
Sep
9%
Jan
2
Apr
Dec
303/4 Nov
40%
71
19 Va Aug 20
20%
Feb
Dec
23
37 'A Nov
26%
Jan
25
70
Nov
49%
Jun
59%
Jan
88'/a
Jan
108%
Dei
May
21%
Jan
233A May
2634
Oct
Apr
119 Va
25
57
106% Jan
2
115
Oct
21% Jan
2
29
Nov
Jan
2
28% Oct
117
Aug 22
123/4 Aug 21
1% Mar 27
56% July 24
1073/4 Sep
11
14% Jan
20
111
Mar 29
44% Jan
2
19
10
Apr
19
17% Nov
40
% Oct
23
Jan
.*•25
Jan
2
105
Sep
29
118% Aug 20
.100
5% Aug 21
,
24%
5
Sep
Jan
Dec
Oct
July
37
13
74
113
6
Apr
11%
26% Nov
120
*55
x98
Mar
Feb
Jan
16% July
Nov
117
S»p
48% July
14 Va July
23%
Apr
Feb
28
July
105 Va
Nov
108
Dec
2
5
Jan
1
6L
42%
Mar
:
*
11
117
9
122
223/4 Nov
37 Vt Nov
108 %
Feb 28
126
Sep 28
81/2 Jan
9
8%
Dec
Jan
92'/a. Dec
8% Mar 26
103/4 Oct
19
7 Va
Apr
10%
101% Oct
22
683/4
Feb
90
15
22 3/e Oct
5
11 Va
Jan
17
Dec
31
364%
Jan
171
Mar
183
Apr
190
Aug
68
>
Aug 21
•85% Jan
I 15% Jan
190
Jan
6 Vs Jan
8% Jan
2
4
2
'94
Mar
,
205% July
9
93/4 Oct
17
4%
17
6%
Apr
Nov
Z Nov
6% July
Jan
Oct
13
•
9% July
100 Va
Dec
99
Mar 10
117% Oct
17
82
Sep
49
.
Va Mar 27
693/4 Jun
26
45
Sep
Jun
26
57% May
73 '
Dec
11%
223/4
Aug
68
Feb
21
Jan
198
20
2
Jun
9
12% Jan
19
74% Jan
1
100
27
17% Jan
—5
'
1
2
24% Jan
3
12% Jan
8
433/4 Jun
1B8
Jun
6
,
9
Nov,
175
14%
Oct
833/4
Nov
25% Apr
30
16%
Sep
Oct
3
19%
Jan
25
25% Nov
8
8%
Api
'13%
19
11%
Apr
18%
31
22
24% Sep
66 Va Nov
Nov
Jan
8
69
Jan
May
NoV
100
19 Va July
May
Dec
Dec
1
52% May
59
27% Nov
7
13%
18%
87%
Jan
18%
96
Jan
109%
Oct
Jan
113 Va
Nov
Jan
122 %
Dec
,
Jan
2
16
112
Oct
31
106% Jan
30
117%Oc;t
8
Jart
4
137
Nov
9
121 % Jan
3
146% Nov
7
110
8%
15
102% Feb
17
175
Jan
61%
2Q7/8 Oct
Mar 27
16% Jart
.55
91
•
Deo
53/4
1%
7
21% Jan
109 :
26%
7
106
72
Aug
61
Jan
Z 18%
18
Oct
Jan
27
24% Mar 12
Xl8
Jan :•
,
23%
8
Oct 10
x37
6%
19% July >
45
103
July 26
45% Nov
1
61% Nov
7
24
Mar
9
110
.
17%
8
25
75V4 Nov
22
21% Jan
Nov
11% Oct 26
2% Jan
', : 63/4
6
Oct
'
111
29% Feb
par
.100
i
/!
'•
•
7-3/4 July Z'Z
Dec: \
>
Jan
**■
Z
30
17% Mar
4%
.123/4
i3/4
8% Nov
323A Jan
par
—5
Z
18
9
15
par
»».:
Dec
175
27% Mar 26
•
j Z
7*5% Dec;;
Dec
/Nov
16
V
Dec
25%
.10
Jan
:
,
rf;
Dec
35 Ve
2
Jan
.
1063A Oct
■
;
••;*
14%
Jan
146
29% Apr 26
106% Sep 18
<43/a Mar 20
,
11% July
108
-
Jan
Z 26 3/4 Oct
56
;
■
:•;:
17%
3
5%
"
Oct
30
7
13% Jan
-
108%
v
J
Sep 25
65 '
.'*
3
;
Oct
8%
15
■■!
X6OV2 Oct
8
Dec
20 Va Mar
28%
10%
39
16% Mar 26
•
::
*
8
Jan
Jan
55% Feb
Noy
38% Mar 27
16
Jan
Oct *23
-
20% Noy
48
Oct
109'
May
64
88
121% Jan > 3
/
Apr
147
231/4 Nov
24
July
Jan
18 /■
31
9
Jan
/;
"7
53
5
2
24
Dec
50%
V.';
Apr
Aug
83/4
•
9
45% Mar
34% Jan
tZ
Dec
99 Va
July 31
11% Jan. 20
Z; 13% Jan
>
Dec
Sep
105
Z 89% Oct
Z, 2
Apr
31%
23% Nov
164% Jun
v
7
.
1153/4
/
Dec
Jan
15%
:
22%
104% Not
Oct
.112
i
Dec,'>
106
12% May
:3
107% Jan
9
173/4 Oct
12% Jan
57% Nov
Oct
11%
r
Jan
37% Feb
-•'4% Jan
-14% Oct 26
,
Mar 17
50
2
116 % Mar
July 6
263A Mar 27
;
1
No par
Jun
9
116%
zz 153/4
,105% Jan
par
NO par
—100
v—1°°
—100
Dec
14% July
25
No par
218
59
100
—-100
—100
pfd
Jan
16
100
100
& Chic Ry
preferred.
Jan
20
par
__
333/4
9% Jan
110
Dec
193%
'
53% Jan
.
par
B—
No par
Pressed Steel Car Co Inc.
—1
Procter & Gamble
—No par
r
21
/
14% Aug 21
219
1
Poor & Co class
12,400
26%
.
Louis RR
Pond
200
110%
No
—
Plymouth Oil Co.
Creek Pocahontas.
1,600
8.800
110
26%
C C & St
Preferred
4,300
29,100
For
129
9
.—1
-25
Mills Inc—-——
Pittsburgh & West Va_
Pitts Young & Ash pfd
Co. (The)——
100
293/4
No
—
Pittston
4,100
23 %
141
19
.100
—.
Hosiery
preferred
5 Va %
*197
22 Va
•
Oct
No par
Pittsburgh Steel Co——No par
7% preferred class B
i——100
5% preferred class A
—100
3,500
67%
893A
35%
23'A
7%
123/4
30%
27
410
107% Nov
Pitts Screw & Bolt—
15,400
23%
23 Va
700
3A
66
*197
100
140
130
*114
.
Iron—.
Corp———No
Pitts Ft Wayne
12%
12%
130
90
100%
4,400
9%
23%
26%
Mar 26
.100
preferred
——
Pitts Coke & Chemical Co—No, par
S5 conv preferred
No par
.1
Pittsburgh Forgings Co
205
9%
21%
:
Dec
162
102% Sep
6%
*195
93/4
89%
18%
10%
100
21%
*200
205
69
19%
-
...
Pittsburgh Coal of Pa_
7,600
2,100
98 3/4
66
205
6%
88%
lOVa
10%
100
89%
35%
35%
100%
12%
♦117%
Pitts
88%
63/4
89
$4
135
*121
68 3/a
*197
19%
9%
12%
130
*117%
*197
*200
93/4
9%
21
21%
22%
*195
*195
•
21
21
21
■
>:■' 443/4
.100
No
com
Phillips Petroleum——^
10,600
*121
22
21%
—No
preferred—
135
9%
Jan
—5
Pillsbury
205
/ 30 %
Philip Morris & Co Ltd—„.100
"4% preferred
1,600
21
8
Corp————.. .—3
Philco
4,500
263A
*26
—
com
Phila & Read Coal &
29,200
2,200
10%
Nov
112
—No
preferren
Va
100
65
Jan
Co__——-„
preference
4.4%
40
111
*29 Va
-
$1
600
373/4
68
*110%
27
-
68%
373/8
38
67%
111
Z
28%
1183/4
37%
.
Mar 26
19
& Co Inc
Electric Co.
108%
6%
41
100
No par
preferred
Phila
5,400
28%
.
$6
240
29
*118%
28%
1183/4
17
490
113%
28%
29
*118'A
16%
70
x37%
%
*99
'*
36
89
lOCVa
69%
*107%
88 Va
18% July
—25
Phelps-Dodge
Corp
Philadelphia Co 6% preferred— -50
37%
89
*98
69%
(Chas)
Pfizer
108%
89
19 Va
68 V,
2,200
36%
88 Va
19%
36%
15,900
*107 Va
:
293/4
Jan
33%c
Pfeiffer Brewing
12,400
3 7'A
108 Va
673/4
19%
15
30%
36%
533/4
20
67%
35%
11,900
10
30
123
35
66 Vt
35
10'/a
10%
*107%
-
Jan
113/4
2nd preferred
—100
Petroleum Corp of America—.
5
108 Vt
34%
: 24 Va
No par
Co
Dec
'
8
Mar 26
Dreferred
Milk
Dec
118
.3
100
5 Vr
>
Dec
353/4
Jan
Nov
62
—100
100
Jan
39 % Jan
'4
Co
23%
Jan
19%
62
Aug
29
Jan
No par
:
153/a
15
16
Jun
Dec
50 Va
2
4% %
Phoenix
66%
*197
preferred
26
75% Jun
■
148
—No par
Cement
prior preferred
Pet
20
143/4
27
/.; 513/4
20 Va
Coke
&
5%
700
36%
38%
*120%
66 Va
88
353/a
106%
143/4
111%
*26
*195
*195
353/8
*105%
30
66
65
123
No par:
Corp.
1
Corp
:—^10
Marquette Ry Co
Pere
1,100
35 V8
*14%
17
Va
*110 Va
27
94
94
95
29 %
118
37%
66 Va
111%
Coal
Pepsi-Cola
600
106%
10 Va
28%
285/a
118
16%
"Z,
15 Z/
112
■28%
1183/4
114
28%
111%
:
66 Va
*26
6,500
68
% 68
*110%
•
28%
35
"30
36 3/a
68
28%
28%
*118
67%
28%
28%
28,300
37 Va
.
28%
67%
95
10%
Xl5
36 Va
V
106
106 Va
*106-
10%
29%
■
*ll3
96
35
106%
■''
Ford
&
...
Dec
109
2
'
35
36 Va
112
353/4
114
36%
36
67%
353/a
115
9%
500
41 Va
Z 28
29%
300
100
29
363/8
28
.
95
>
V8
28% Jan
2.50
Pennsylvania RR
i:
50
Pennsylvania Salt Mfg Cd
—10
Peoples Drug Stores inc
5
Peoples G L & Coke (Chic)——100
Peoria & Eastern Ry Co
—100
19.500
48
-
23
No par
No par
10
No par
5%
1.200
27%
35%
.
;//■
94
35%
35
15
43
26
26%
35%
28
Inc
<fc Co
$7 oonv pref ser A
Penn Glass Sand Corp
10
26
93%
*26-
;
1
1
Mines—1,;
Transportation
Penn-Dixie
-
100
93%
93%
27
95
30
41
41
95
'
29 Vt
48
93 %
36%
*106
51
*9'/->
114
9%
143%
41
42%
27 Va
114
:
107%
*49
1.300
113 Z. Z
43%'
94%
113
35
9%
41
112
95%
*106
49
*26%
22
3
32 % Jun
22
Jan
-.100
Consolidated
Davis
Penn
9.100
29.800
27
Apr
No par
Penney (J C) Co
Penn-Central Airlines
1.700
67/a
*111
113
"
27%
■v
112%
92%
*34%
41
35%
36%
26%
-
42%.
Zr
26%
Inc——8.
10
Parker Rust Proof Co—...
14.400
15'A
Jan
35%
Nov
58% Oct
,
.
Jan
Pictures Inc
Utah
Penick
92%
97
9
Mar 22
58
Inc
Tilford
&
Parke
71 Vt
90
.
110% July 18
Jan
—12.50
6,500
,.
18%
Feb
Parmelee
45%
Jan
74
Patino Mines & Enterprises
141
13
26
1.400
■
1
30
7,200
:
23
Jan
13%
14%
z: 6%
"■
7
43%
49
41
49
*40%
40 Va
40%
43
43
14%
26 Va
36%
45%
46%
*111
113
113
Park
18%
July
14
Va Jan
preferred
conv
Park
4.400
140
93
26%
*253/4
3,200
28.400
*70
142
6%
4%
Paramount
59%
4 %
18%
14
ZZ
400
16.600
•
Co
Cos
Parafflne
44%
13%
71%
*92%
7
94
,
22
22
28% -283/4
•'*
•
19
4b Va
14%
6 3/4
93
<
26%
49
42%
*46 Va
r.:;
104%
473/4
14
,*Z
7
94
*113
>
.
41%
.;
1423/4 "
-141%
44%
,141
*71
72
•■*71
v
18%
19 Va
•
36
28%
13%
75%
17.600
4
36%
28
300
<
109%
•
57
•
;
36%
12.900
r
10%
433/4
4%
34%
18%
36
110
*107%
;Y
60
13%
13%
■
59 Vt
27%
,
1.500
75
,Z:
75
45 Ve
3%
Z 62.600
10 3/8
,
109%
13%
44%
•
.
Vz
Vt
>16%
35 Va
44
4
3%
4
107
:.
100,100
22
16
.<
110
34%
,
72
*140
*72
*
t
8%
83/a
1.900
22
.
10%
27%
18%
*70
59%
59%
7.500
36
.-■/"•
109%
45%
50
8%
111
10 Va
34%
13%
18%*
35%
109%
*
11
27%
27%
13%
35%
109 Va
*107%
45
/
>7 13 Va
34%
27%"
:
16'A
Z*. 44%
172%
Z,
8%
223A
.75
f
240
26% •26 Va
•
8%
Va
1.600
8Vt
263/a
16
*73
74 Va
4
-
26'A
22%
34 %
•
109%
59
58%
3%
•
145%
153/4
xlO%
<
(
146
Apr
.17
preferred non-cum
No par
2nd preferred non-cum—No par
Pacific Gas & Electric—25,
Pacific Lighting Corp™,
No, par
Pacific Mills—;
No par;
Pacific Telep & Teieg—100
6% preferred
——---100
Paclfio Tin Conspl'd Corp
-1
Pacific Western Oil Corp——10:
Packard Motor Car_j—
No oar:
Pan American Airways Corp
2%
Pan-Amer Petrol & Transp——5
Panhandle East Pipe Line—No par
4% - preferred >___——100
Panhandle Prod. dc Ref.—-1
1.300
3A
60
r
16%
1st
1.140
*171%
'
8%
23
V 109
•
10%
*107%
/ 44 Va
74%
*71
*107%
35%
111
i
153/4
•
Pacific« Coast
20
59
60
144
Pacific Amer Fisheries
1,150
8,000
59 Va
172%
8%
22%
8%
15%
34%
143%
8%
•8%
60 Va
8
165
Co
4,300
•453/4
36
59%
Glass
19%
t
45%
,
Owens-Illinois
37%
37 Va
*171%
>
26 Va
253/4
*85%
33% Nov
—No par
—
87%
:
,,21%
46
Co
1,200
'
8 3/8
8V4
•
22%
15%
8
.
'
22%
*109%HI
10%
—
253/4
15%
:
.*.<•
/;
8%
25%
22%
*15%
—
172
S%
8%
8
■;
*171%
25%
25%
!
;
■'
59%
60 yZ
60
Outlet
213A
,19%
22%
60
171%
*140 Va
*171%
V
<:*,
■
59%
143
59 Va
59%
141 Va
Z
203/a
•
-
200
<
No par
91 1,.
77 , .
.
87 3A
;
1
32
37
/>
44%
*59
77
11,000
165,
453/a
38 3/a
-i
...
22 %
87
59 Va
•
19%
.
,
88
*87
:•
77
76%
23%
*85
*•:
87Va
#
37
32%
32%
,*161
32
...
2.000
Deo
25
32
pfd—--100
*
-_i—No par
4%% convertible preferred—100
Omnibus Corp (The)-——
—8
8% conv preferred A
—100
Oppenheim Collins ———
.10
Otis Elevator—.
—No par
6 %
preferred———'—--—100.
Outboard Marine & Mfg_
.2.50
370
253/4
4.40%
Co_
Oliver Corp.
28,700
:
115%
25%
165
20
Z 22 Va
:
115 Vt
.*31
*161
77
19%
22%
37 Va
*85
590
91
(
76%
:
.21 Vt
17%
20%
*17%
yi
95
77
*76
77
v
(
8,500
32
..
Ohio Oil
25.700
32%
32%
32%
165
*31 Va
Ohio !Edison Co
.
19%
30%
•'
253/a
25 3/8
...
800
114% 114 Va
15 Va
15%
153A
115%
115
Z
35
21% Jan
;—100
pfd.No par
No par
Northwestern Telegraph™—.
50
Norwalk Tire & Rubber™—-No par
Preferred
-50
Norwich Pharmacal Co
2.50
150
Apr
103% Jan
Airlines
Northwest
1,700
•
27%
■1.
Northern States Pow $5
;z- 7.000
ZV
80
share
per
5
York
Northern Pacific Ry™
/ 43.000
t-Yv80
112%
19 Va
30 Va
114%
153/a
,
v
25 Va
*161
.
16 Va
115
32
32'%
.:.v
*1123/4
113
,,
243/4
32%
32
31%
♦111
16%
V
1*111
112%
19%
30 Va
.15%
165-;
*161
xl9Va
Z 115
25
,
//.
165
;
77
24%
19%
31 Va
112%
113
113
115
*
32%
32Va:
*161..
31 Vt
,114%
us
19 Va
14 f.
16%
17
31
V
16 Va
15
15 Va
.
114%
:
112%
113
.
15
30%
'
400
13.400
57%
57
'
3/a
*111
••
19%
112 Va-
*56 Vt
14Va
57 Vt
16%
.
57%
57
56
31.
48%
57Vt
16%
112
47%
133/4
55 Va
■
112%
49%
57
®
,
29.600
•'
50
31%
112%
112%
13
*16%
19 Va
80
112
*'
30 "Va
58
Z 55 Va
*111
*110%
„•
49
:
;
56 Va
*56
.
32
13
>'
*
112
19%
: 31 Vs
31 '•
50
./ 56 Va
V"
57.
*55
-*13
112
:
50
,V
33
> 32%
.
900
57%
12 3/4
1
>
112
*111%
'
300
28%
56%
*110'/a
57%
19%
5.400
>
125%
28 Vt
♦111
230
18%
483/4
125%
27%
;
107 Va
20 Vt
'.7
257
*57%
.'
375
107 Va
1073/a':
*106%
600
66
*300
126
57%
...
*63%
65
375
257 Va
27 Va
•
643/4
*300
.*:,
100
„
S
42% Nov
45
Central™
No par
Louis Co.—
-100
preferred series A
100
N Y City Omnibus Corp
No par
New York Dock
—No par
$5 non-cum preferred
No par
N Y & Harlem RR Oq_—.—
—50
N Y Power & Light 3.90% pfd™100
N Y SLipbldg Corp part stk
Noblitt-Sparks Industries
„-.™5
Norfolk & Western Ry™
100
Adjust 4% non-cum pfd
100
North American Co——
10
53A % preferred series.
—50
North American Aviation
—1
Northern Central Ry Co
——50
Highest
;
share
per
20
109
6%
1.400
;
t
York
N Y Chic & St.
3,800
37
29
*124
*110%
•
643/4
36%
*26
32
.257
27%
•
37%
48%
20%
New
133%
132
133%
37
*28
107
20 Va
*57%
•.
116.300
3,600
256
256
Z
133
107
1
*124
Year 1944
share
per
Aug
xlG'/s Aug
Ship & Dry Dock—1
pi eferred
——No par
Air Brake.
No par
$5 conv
30 Va
375
107
107
49
New
57
*290
375
*48%
20%
20%
293/4
55
29
*62%
62
30%
5t> Va
37
*25
29
293A
5b
133 Va
36%
37
*275
107
107
133%,
1.200
;
55%
Z.
-1
Industries™
$
share
183/8 Jan
Newport News
110%
54 Vt
31
130%
Newport
22
*110
533/4
53%
8.500
'■< Z
57%
56
56%
61%
61%
*47
5.100
5.800
21%
223A
33
per
.32
10
Newmont Mining Corp
423A
323/a
$
Par
Z/ Z
Shares
share
42%
~
110%
*110
53 Va
30%
30%
*25
375
*325
>
36%
r..;
29
*58
,
,
129%
133 Va
„.
110%
53%
53 Va
54 >/a
29
*110
110%
53
37
42
'
53
37
* per
42s/a
31%
*110
133
t per share
per share
31%
110%
*53
$
share
31 Va
22%
22%
per
42%
32
*110
S
,42%
42%
31%
Range for Previous
Lowest
'
31
42
the Week
Nov. 9
Nov. 8
Range Since January 1 '•
Lowest
'•
Highest
YORK STOCK
EXCHANGE
'
/,
NEW
.
■
share
per
Sales for
Friday
Thursday
Nov. 7
'
Monday, November 12, 1945
STOCKS
PRICKS
Wednesday
HIGH BALK
Tuesday
Nov. 5
Nov. 3
I
AND
Moadar
SktnrAnf
CHRONICLE
THE COMMERCIAL & FINANCIAL
,
104 Va
113%
Jan
July
Dec
Dec
/
Volume 162
Number 4437
THE COMMERCIAL & FINANCIAL CHRONICLE
LOW AND HIGH
Saturday
Nov. 6
$ per share
115
115
64
*
SALE PRICES
Tuesday
Nov. 5
per share
$
Monday
Nov. 3
*114
i
64%
.
22 %
22%.
108%
108%,
*33%
$ per share
*114
115
*
63%
64%
115%
63
63%
62%
22%
22%
22%
22%
108%
108 %
103%
109%
33% * 33%
331/4
33
33%
18%/
18
18%
18%
-v
9?
X22 %
18%
109%
/
2,200
18%
2,100
Range for Previous
STOCK
Range Since January 1
, ,
Lowest
par
.
,
Pub 8er El ft Gas pfd $5
Pullman Inc
F»^'Oir (The)..
V
600
34%
<
v
7.800
23,100
109
YORK
EXCHANGE
30
;
63%
18%
18%
-
23
34
NEW
Shares
115%
109
34
18%
Sales for
the Week
share
per
115%
64%
.
$
*114
-
~
Nov. 9
$ per share
22 %
,
Friday
Nov. 8
*108%
34
18%
Thursday
Nov. 7
share
per
STOCKS
Wednesday
115%
64
•
$
2285
;
5%-
conv.
per
112% Oct
8
No par
47% Jan
par
17
100
106
no
pat
23% Jan
JL«
15% Jan
Quaker 8tate Oil Ref Corp.
Year 1944
share
Jan
20
65 % Oct
24
;
i
per
118
22
No
preferred-
S
share
-No par
Purity naxeries corp.:
.
t
Lowest
Highest
Highest
per share
t per share
113% Nov
119%
Feb
10
37%
Jan
52% July
NOV
8
14%
Sep
18
4
110% Oct
9
Jan
108%
3
34% Nov
9
19%
Jen
24% Oct
22
Jan
18% Nov
9
12%
Jan
16% Aug
May
X23
103
-
Mar
Dec-
r
15%
16
15%
16%
88%
89%
89%
90
13%
13 %
13%
13%
108%
109
105%
•
106
*39%
108%
23
*39
'w
16%
106%
23%
23 %
37%
*37%
25
25%
13%
24
-
40'A
24%
16 •
16%
•" '
16%
"
78.000
K/
<•
49%
49%
26
—
106%
;
50
*42
43
26
113%
112%
114
106
106%
106%
510
6% conv preferredRalston Purina Co 3%%
41
40%
40%
70O
Kaybestos Manhattan
39%
'•
24%
•
24%
•
::
:
40%
30%
*101
i;
■■
24'%
30%
1.600
73,500
7
4.150
-24%
11%
22%
107"
28
107
110%
'20%
38%
•;
39%
41%
104%
<■'/.
41%
104%
*23
1
t
*26
27
lac
$2 preferred
28%'
./
105
23
,
7%
••
28%
47
23%
23%
27%
27
27
11%
*
\
26%
61
62%
109%
111
r
}
^
V;
27 Va
27%
10%
10%
38%
37%
23%
'
,
*111
112
112
13%
98%
98
98%
22
22
23
*98
21%'
26%
26%
26%
':-l49%
49%
26%
78%
78%
20%
20%
20%
♦78
12'/a
•11%
26%
-12
90%
12
"•»
•
•
11%
*112
24%
25
3,700
98
98
98
160
25
24%
24%
\<r
—•.
99
98
24%
79
79
79%
20%
21%
66%
30%
30%
8%
8%
.
41%
40
43%
43%
17'/*
17
•K<'"
40
43% •/■:
17%
,
'•
:
V
30
8%
.
40%
<*)'■,'
iSfm:
'
41%.
44%
44%
17%
.•'
•
',65
'
;/=v->
17%
53%
53%
54%
54
17%
17%
17%
23%
*23
23%
23%
231/4
80
81%
82
821/4
37%
37%
17%
16%
4%
30%
31
51%
35%
35%
35%
35%
22%
22%
22%
*79
69%
69%
70 Vi
820
31%
31%
31%
6.400
9%
9%
10
3,800
6.400
Sloss-Sheffield
18%
18%
51%
•123%
•
51%
36
56%
90
20%
20
20
55%
80%
*14%
92%
*85
*85
700
92%
20
19%
19%
92
93%
94
94%
94
94%
53%
54%
55%
57
•
——
_—
.—
*
—- —•
■,
'
——.
/
120
*
—'
12%
—
—
—
'
'
——
,
66 Vi
66
26
25%
113 %
12
*110
45%
115
*114
12%
13%
114
127
.
42%
—
128 »A
'
■—
$5.5 J preferred
Spencer Kellogg & Sons
Conv
$4.50
25% May
8% Dec
16%
Jan
Feb
<24%
Jun
27
14% Nov
5
t
Dec
9
25% Nov
7
13
May
114
22
Oct
17
63%
Jan
25 % Nov
7
11%
Sep
72
; 78% July
14% Mar
•
79% Nov
8
23
21% Oct
8
9%
Jan
15% Oct
July 23
70 % Nov
9
48%
Jan
<61% Dec
Aug 21
31% Nov
9
Nov
9
28% Apr
7% Dec
15
20% Sep
3
May
24% Apr
10
2
42% Oct
2
44
% Nov
76y*. Oct
35% Sep
7
23
Apr
17% Mar
7
10%
Feb
16
55% Nov
7
3®
Sep
42% Jan
2
!
360
45%
45%
115
*114
15%
45%
5.500
19% Mar
6
13%. Apr
18 %
Jan
22
24% Jun
5
2Z
Jan
23%
Jun
84'/a Nov
9
29%. Feb
B4'/»
Dec
Dec
9
40% Oct
16
23
Apr
31 y4
2
17% Apr
24
12
Jan
7
5% Oct
17
14% July
5 V* July
20% Aug 20
40% Apr
32
15
9
179
20
26 % Jan
Oct
52'/a Nov
4
Apr
2
Aug 28
36% Nov
8
3%
20 %
28%
141
Jan
Dec
21%
Jan
Jan
22%
45%
162
Apr
26%
Jan
20
23% Oct
18
13%
Jan
38% Jan
31
57% Jun
26
23%
Jan
34%
18%
113,700
1,500
116
114%
115%
17
17% Aup
De*
32% Jan
22
57% Nov
7
20
22
81% Nov
5
40%
Jan
69
Dec
5
90% Oct
17
54
Jan
82 y4
Deo
11% Jan
24
20
Nov
2
12
Nov
>13%
6% Mar 27
10
Oct
10
"4%
Jan
7% Aug
7% Jan
15 % Mar
1
5%
Jan
9
Jun
75
Dec
85
Deo
No par
2
No par
127%
128
127
-
2
80
Feb
32
Mar 27
2
95
Sep
44% Nov
14
8
24
36
Jun
20
12
83
Nov
9
12% Mar 27
,
27 y8 Jan
47% Jan
20
Nov
7
76% Jan
;
94% Nov
9
9
37% Jan
•/
65
Feb
28
May
-
10
38%
48
Sep
Jan
13%
Dec
Feb
79% Nov
6
'
60%
Jan
33% Jun
Nov
9
124% Oct
18
110
Jan
104% Nov
9
57
Sep
57
38%
27,800
26 %
6,300
Standard Oil of New Jersey
Standard Oil of Ohio
108%
*107
—
—
—
—
—
70
'
,,
22%
22 Vs
3%%
25%
25'/a
25%
21'A
21%
21%
■
——
■
—
*
18'/a
104%
500
22%
7,500
3% preferred
Stewart-Warner
25%
5,900
21%
900
*23 %
183/4
18%
18%
18%
18%
8.800
29%
30
29%
29%
16.900
70
70
70%
70'/a
70%
2.300
-120
122
7% ;
7'A
19%
18%
7
19%
122
7%
20%
*122
7
20
•
124
140
7%
19,500
20%
40.400
'
48%
.51
28%
34%
39%
48
125
see
page
56
1
5
Jan
115% Aug 23
18 % Nov
19% Aug 20
100
Stokley-Van Camp Inc
30%
69'/a
28%
39%
23
10 1
No par
common
25
18%
120
7%
393A
Sterling Drug Inc
21%
*
28%
'
*39'A
preferred series A
Standard Steel Spring
Starrett Co (The) L 8
104%
22%
24%
21'A
——
120
34'/a
68% Nov
68%
26
104%
35
24
67%
*104
*34%
17
26% 1
22
18%
28'A
43 % Opt
68%
*104
——
28%
17%
46% Nov
2
26
1043/4
123%
129% Nov
2
33% Jan
67%
4,900
124
23
38 % Jan
—23
26%
42
123%
78% Jan
No par
673/a
41%
7 Ve
116
Standard Oil of Calif
107% Noy
9% Jan
34
Aug
27
Nov
Oct
107% Nov
1
9
27%
110
8
33%
9
9
8
Dec
Jan
Dec
Dec
64% Feb
.34% July 26
Sep
4y< July
Feb
74% Deo
40%
Feb
85%
34%
31
Sep
Sep
34%
60%
Sep
58 V» July
Dec
39% July
Jan
18
1
1
6%
Jan
41
Oct
15
28%
Jan
Oct
9
11%
Jan
19% Oct
-
33% July
116
2% Nov
45
22
2
<
11% July
De*
37%
'
21%
*69'/a
23
Standard Oil of Indiana
13,200
19
67 % Jan
2.900
->
46% Oct
2
17,800
108
V 28
115
110% Aug 24
2
17,900
*107
107% July 27
2
43 %
42%
18%
Dec
29% Nov
3
Jan
46%
42
28%
Dec
22% May
20
2% Jan
129%
*
Jan
111% Jan
42%
f
58
No oar
46%
42%
18%
—No par
43%
108
Par
109% July
Standard G ft E Co $4 pref—No par
$6 prior preferred
No par
$7 prior preferred
No par
46%
413A
28 3A
No
45%
500
18%
preferred
Brands, Inc
Standard
x42%
18%
28%
$4
100
—No par
43'A
40
21%
Oct
43%
Jan
Deo
Deo
Dec
64% Jan
—1
$4.50 preferred
115
14%.
18%
213/4
Dec
80 Vs Jan
1—1
110%
39%
*21%
31% Dec
22
155
No par
preferred
110
19%
42'A
July
Dec
'18% July
Jan
100
3
4 % Aug
No par
Sperry Corp (The)Splcer Mfg Co
—
Spiegel Inc
110%
4C %'
22'A
footnotes
2%
18
29% July 27
1
46
*107
25
For
Nov
Nov
1
5
18%
24 3A
48
12
100
-No par
5 % conv preferred
Squibb (E R) ft Sons
39%-
22
17%
Jan
20% Sep
Dec
Nov
13% Jan
par
23
tr ctfs
Square D Co
19%
243/4
28%
110
45 y$
22% Jun
5
(A G) & Bros Inc
3,000
39%
22'A
28%
stk
2,400
18%
22%
7'A
Jan
25% Oct
May 15
15% Aug
7.50
66 3/8
——
104
120
Ohio
104%
39%
24%
70
108
'
48% Jan
10
Railway ——„No par
preferred
100
&
103%
183A
42
120
Nov
2
Aug
30% Feb
—No par
Sparks Withington
Spear & Co
710'
39%
104
115
10*9%
37% Mar
14% Aug 22
1
Co
42%
''
—
—
108 %
18%*39
104%
10,700
*130
113
'
42%
Feb
32% Jan
,
No par
—100
45%
25%
104%
109
40
5% Mar 26
13
25%
66 V2
25%
45%
100%
'
-
125
65%
>
110%
111
423/4
*107
2
13
23
24
_20
Edison
Gas
100%
*130%
100%
453/a
■
109 %
45%
18%
Jan
Feb
% Nov
;
53%
100
1103/a
('.«a;
y
42%
39%
105
9y* Dec
■
"*130%
•
•
100
45 '/a
17%
10,100
19%
42%
7%
9%
14
14
600
45%
69%
Spalding
83
42%
*118%
1.500
83
11%
109
Jan
59
non-cum
20
80%
123%
5%
Mobile
78%
19%
45%
18%
92%
Natural
Southern
78%
45%
*39
9%.
/.
Southern
220
20
110%
*107
*19%
9%
15
Bouthern California
2,900
78%
45i/a
122
*
8
23
Jan
13% Jan
No par
Sugar
13.800
77 'A
110%
122
9%
15
Rico
56
81 %
1.400
*113%
Iron
preferred
90
-90
9.500
*109
&
-
Southern Pacific Co
'
.
Porto
8%
1,900
44
45%
13
Steel
preferred—-
27.900
35
110%
120
$1.20
Smith (A O) Corp
Smith & Corona Typewriter-No
53%
44
45%
108%
7
41% Jan
—No par
22%
:
34%
110 %
12'/a
9%
74
No par
No pat
Bimonds Saw & Steel
4.200
36%
80%
100
108
Mar
12% Mar 27
3
36%
% 35%
55%
100
*115
.78
—No par
Southeastern Greyhound Lines
80%
53
1
No par
No par
South
90
"
7
61
17% Mar 26
—No par
No par
20
81
-
16
114% Jun
1
6.200
90
....
Oct
111
26
2,900
80%
53%
7
35% Oct
7% Sep
16% Jan
52%
51%
44%
99%
'
par
107% Oct
177%
31%
52
35
*130%
:
1
*174
31%
44
523A
52
—-
1
No par
177%
20
93.
108% May
3
31%
*31
*174
34%
91%
Dec
13
9
94% Nov
41% Aug 31
Jun
23
28% Nov
South Am Gold & Platinum
35%
91%
Dec
7
Oct
>
67% Nov
11,800
5
44%
91
38%
115%
28
31
5%
5%
90
'19% "
27% May
110% Jan
49% Nov
115% Mar
8 '/a Mar 27
,
100
Socony Vacuum Oil Co Inc
700
44%
19%
Fib
22% Aug 21
70,300
19%
77%
23
19% July 27
110 % July 25
No par
37%
16%
35%
79
23
65% Oct
i
w
;
16%
8.100
35%
19%
Jan
9
32% Nov.
Sinclair Oil Corp.
300
.
44%
19
*77
19
44%
1
14%
27% Nov
113
*36%
36
*85
Nov
34% July
1
17%
81%
92%
2.600
35
44
24% July
Jan
31
37%
92
*85
92%
Apr
Jan
30 % Oct
23%
■
35% I 35%
5%
i__No par
w
84%
53
44
ctfs
23 y8
22
*85
22
Jan
Oct
17%
28
17% July 17
37
19%
11% July
Dec
Jan
17%
3
16%
52
9%
Feb
25
23
:, 81%
5
39% Nov
.
Oct
22
*36%
177%
15
Sep
Dec
48
109% Nov
23%
54 %
9%
21
100
29% Nov
x42 % Feb
81%
22%
14%
5
8%
13
May
8% Mar
Mar 26
Skelly OU Co_
53'/a
9'/a
55.800
54%
22%
14%
14% Nov
xl05% Jun
Silver King Coalition Mines.
Simmons Go
s
;—
54
23
9%
" Jan
7
Dec
16% Dec
May
13
27
.
10
33
Sheaffer (W A) Pen Co——No par
Shell Union Oil
13
55
57%
14%
36
12% July
88
Nov
24% Nov
100
pref ser A
(Frank G)
300
55
*14
28
No par
conv
44,800
54%
"•■9%
$3.50
Bhattuck
17%
22%
•
:
•
Oct
105
2
par-
Oct
85%
8%
46% Nov
2
6% Aug
19 % Apr
Jan
:
6%" Jan
No par
No par
Bharpe & Dohme
17%
57
*19%
10 % Jan
16 % Jan
87
22
99% Sep 21
".16% Mar 27
1
Oil & Gas
rr%
54%
,
35% July
100
$4.50 preferred
Shamrock
44%
56%
80%
15% July
Jan
Nov
40
.
37% Mar 13
i
Sharon Steel Corp
^
$5 conv preferred
41
53%
19%
Jan
2
Corp
44'%
54%
*90
Seagrave
40%
55%
92
2
Sears, Roebuck & Co new„No
Servey Inc common^;
700
3.400
54%
80%
U 10.800
82
21%
53%
20
47.200
21 %
-
53
80%
14% Jan
31% Jan
:
3
preferred series A
•
44%
18
31
51%
177%
Apr
—2.50
23
5%
-177%
Jan
5
80
17%
5
>
*90
14
5 %
40%
X54%
38
16%
10
110% Nov
10O
Seaboard Oil Co of Del
40%
1
37%
29% Oct
2
preferred-
*43%
1T%
18%
*23
,/■
'•
55%
18
5
—10
Air Line
Aug
Jan
112
•
21'A
*17%
51
-
'
.
21% July
102 % Dec
15 % Jan
1
preferred
$4 preferred
Seaboard
20
24%
13%
25%
20%
8%
30%
6.500
113%
14
8%
*174
*312
4.100
87,700
25
29%
51%
113%
•
-
"13%
8%
31
23%
13%
29%
177
11%
39%
23%
79-
;
—
——'
16
Apr
98
10
$4.50
■
21
4%
11%
38%
23'/a
23% ;
.*_.!•>'
v
79
:
11%
39%
23%
25%
*98
-
■
•
20
11,100
13
'"ifJ*
8',2
>
.
31 %
31%
25
■
V
5
32
X39 %
..
Apr
Jan
_100
Bcott Paper Co
290
'
800
40
16
63
Joseph Lead
•5%%
200
200
!
5,700
'■65
16%
/,
•
66%
63
38%
'
110%
28%
30
16%
61
-
28%'
61%
*37%
107%
110%
*66%
62%
1
11,500
27.500
67%
29 Vi
79%
11%.
"111
31%
r24%
113%
28% Oct
24% Oct
—
•It
28%
10%"
8%
.12% Nov
-
..107% Aug
Safeway Stores—
5% preferred—
Savage Arms Corp
Bchenley Distillers Corp
180
66%
39
99% Nov
4
No par
Jacob
6.600
Dec
.23% Dec
2
1
5.000
89%'
107%'
*59
110%
*111
23%
24"
14% Apr
X83% Mar
16
_No
y
Nov
87% Jan
No par
;•>
27
11%
62
110%
"
18
102% Jan
No par
Typewriter
Co (The)
Deo
85% Dec
*11% Jan
Copper Mines
Ruberoid
32% Oct
;
100
Rustless Iron A Stsel Corp.
87%
107%
,
.
Royal
Feb
Dec
155
v
—100
-
-
Feb
18
Dec
13
Jan
11%
Oct
Jan
.
Dec
36%
No par
series™
Ruppert,
114
114
93%
*107
*59
Antelope
.
22
Co
2.600
49%
4.9
.
27%
114.
,
Roan
3.60%
Mfg
5.200
/
"
6i
Preferred
50%
21%
,42y* Dec
•
28%
1
'
*22%
27%
-700
67%
24%
35%
3.000-
>2
46%
28
"28%
—«
14%
24
51
29%
'
46%
'
'
HO'/a
*112
13%
24
30
29
-15.000
32%
v{
"»
112
11 Vi
177
•'
1,100
;
8%
32%
—
4"
24
5
14%
23
27%
23%
::74%
8,400
Richfield Oil Corp
Ritter Company
*67 y8
——
4
39
23%
53
Rheem
26%
113%
107
:
110%
10%
10%
17
1.800
90
Oct
102% Aug
27% May
.
20
-10
1,800
14'%
7% Aug
Jan
Jun
28% Oct
:
5
19% Jan
Jan
42
3
1
Jan
5%
34% Dec
Jan
27%
85
,
;
22
15% Jan
15%
32%
Dec
July*
18
,
Feb
Jun
27% Nov
3
.No par
Common
90
23%
7%
47
94'A
-
6i
-
27%
*40
c
Republic Aviation Corp
Republic Steel Corp
i6% conv prior pfd ser A—
Revere Copper & Brass.
5% % 1 preferred—.
Reynolds Metals Co
;
5%% conv preferred
Reynolds Spring—.
Reynolds (R J) Tob class B
.:
,
137
.
3
99% Jan
1
;
104%
'd
,
——
67 %
'/■ *41%"
7.400
47
23
29
'47
26 y8
27%
'
32%
67
Vz
38
>•,/
1.'900
38%
7%
25%
*111
31%
*61
20%
23
lac
23%
'
23%
28%
;
25%
27%-
49%
,107
1
I!
<
111
32%
66
23%
>■
HO
Motors,
'"104%
»/4 '
71/4
113%
.-11%
'
93
'
109%
27%
;.
•
113%
'
u
93%
*60
109%
£
108 Vi
66 %
/
2,000
38%
22%
•,47
26%
•
12
92%
31 %
;
28%
310%
*45
24
-14
80
*20%
.
104%
'14
29%
;
49%
27 Va
*107
61
109%
;*
;
26%
112%
11%
11%
92%
109;
*107
/
29
49%
49%
*111
:
/
29%
112%
-
V'
28 %
46%
23%
12.500
•
110%
39
104%
22'%
109
'
91 y4
;
21%*107
46 %
\
47
23%
27%
22%
109
38%
1'
.23
7%
'
*45%
49Va
100
21 %
14%
22%
113%
29,400
28% -28%
24%
46%
26%
32.300
27%
113%
21%
104%
29%
*112%
■:
12 %
26%
*107
1
Preferred with warrants-
Jan
12%, Feb
28
45% Jun
22
17
12
July
80% Dec
33*%
28% Jan
Nov
50
5
22% Jan
22% Jan
'
29 % Mar
16
—No par
10
;
107%. Jan
25
69% July 26
;;
Jan
38% Jun
.
31
102% Oct
100
Reming ton-Rand
Reo
*112y8
:
5
—100
1st pfd
Mar
10% July
85 %
Nov
41% Oct
■
2
11 % Jan
Apr
106% Nov
11
36% Jan
Apr
Jan
114
July 18
30
43
•
50
50
—
& Co
7,300
'
'7%
-
2
19 % Jan
8%
69%
7%
90
Mar 26
1st preferred-
non-cum
4.500
27%
21%
23%
"
'
27%
J
11%
16
Jan
34% Jan
<
50
Reliable Stores Corp
-
113%
20%
14
25%
7%
11%
Aug
23
Reliance Mfg Co
'200
26%
110'A
104%
•"
23%
>/4
if:"'. 49
25
39%
22'%
46
102
24%
110%
;
30%
30%
*101%
110%
7 20%
,
; -
33
non-cum 2nd preferred
Silk Hosiery, ...
,
500
39
25
11%
45
25
•
4%
Preferred
Rels (Robt)
340
28'%
31
28%
109%
39
102
1
107 %
38%
14
■
4%
•
Real
:520
*112i/a
22%'
22%
107%
—
45
13%
*28
41
24 Vi
11%
27%
39%
23 %
28%
;
/
2,500
84%-
*
30%
......
113%
«
42%
'
*28%
'
>
20 %
104%
:
7%
*7%
11%
.27%
■
*112
39
13%
81
*101%
30%
'
*
28%
110%
'
300
103
Reading Company-—
600
»
105%' 106%
-
81
*39
25 %
-
41%
23%
•13%
;
20
107
28 V0
-
102
24%
22%
20>/4
'
\30%*101%
107%
110%
26 %
106
40%
11%
28 Va
110%
r
'
27%
"
28%
43'%
26'/a
100
—No par
1
pfd
•
Rayonler
600
7.800
49%
*42%'
26%
-"79%
28 %
40%
"
113%
22%
23
/ *106%
*
*27%
48%
43
91
Nov
Va Oct
14% Nov
16%
..
7% Mar 26
100
i
8.500
./.
i.
24%
mm
"
24 %
*112
38
"
24'%
50
26%
-'
.
30%
21V»
27%
112v
V
*42%
106
\
38
25%
*49
80% ; 8i%
102
»
27%
106
-
28
24
'
50
38
•"
24%
43
27%
..."
40%
*101
11%
27«/4
ii2
I'1:
31
23%
'».•/ 11%
r
27%
102
23%
!
'80
*39
37%
50
2
15
'/
14%
"
25%
43
'
106
80
28%
*39
>
27
106
81'
*27%
!
'
25%
107
;
si
*49%
43
*42
10% Jan
/ 78% Jan
Radlo-Keitb-Orp'
14'/a
38
'
25%
;■
14%
-
25
38
"
.
■■■:
89
"
3J
R
"
Radio Corp of Amer
No par
13.50 conv 1st preferred—No par
89 "
109%
105%
-
>
106
110
105%
-
25%
89
108%
■37%
24%
88 Va
13%
40
37%
16%
i.
.90
>
V13 %
40
•
16%
••'■89%
t.r
v
..i-'
109
*105%
.
40%'
»
"
"v
125
34
28 3/4
125
34%-
-
27%
2287.
-
—
27%
125
123
34
34
33
39 Ve
—
28
123
39%
*39
51
5l3A
49
39%
50
38%
*46
28
4,400
123
2.600
33%
39
47%
900
600
1.400
5%
prior
Stone &
100
Webster
Studebaker Corp (The).
Sun Oil Co
(4% %
Sunray Oil Corp
22
23 % Oct
10
2
25% Oct
10
9%
Feb
13% July
18 Ve Jan
2
22
Oct
8
Feb
19
Dec
10% Jan
24
18% Nov
7
15%
7%
12%
Dec
18 % Jan
2
30% Sep
28
13% Apr
20% July
Oct
10
64
Jun
64
Oct
127% Mar 24
7% Jan
9
121
Jan
128
Oct
1
No par
—
Class A pfd
Jan
10% Jan
No par
preferred
101% Sep
8
—1
20
Corp
cum)
1
Sunshine Mining Co
Superheater Co (The)—.
Superior Oil of Calif
Superior 8teel Corp
Sutherland Paper Co
Sweets Co of Amer (The)
100
16
57
73
Aug 13
119% Oct
31
5% Aug 20
10c
10
Mar
No par
22
Aug 21
23
—
104% Nov
15
79
Jan
3
100
25
Jan
22
10
12%
31
17% Jan
2
Apr
6%
Feb
6%
Jan
-
7% July
10% July
8
Oct
8
17%
25%
Dee
Nov
5
66% Nov
84%
Feb
10
18%
26
Deo
Oct
15
29
Apr
Sep
3*
Dec
51% Nov
7
Jan
20%
Sep
30
125
37
"
11
17% July
20'/a Nov
9
Aur
3
Oct
41
8%
Jan
Monday, November 12, 1945
COMMERCIAL & FINANCIAL CHRONICLE
THE
286
RECORD
YORK STOCK
NEW
Range for Previous
STOCKS
BALE PRICES
LOW AICD HIGH
Honda?
Nov. 5
Batarday
Nov. 6
Nov. 3
$
$ per share
per
the Week
Nov. 9
Nov. 8
Nov. 7
$ per
$
$ per share
share
$ per
share
per
Shares
share
39 %
38%
39
38
38%
5.900
33%
33
33%
32%-
33 Va
10.000
38 %
38'/a
38%
38%
33%
33%
33%
33%
33%
38 %
38%
38%
39
38% ' 39%
38%
39%"
38 Va
38%
11
liVa
10%
11 Va
11
11%
11%
11%
11 Va
11 Va
11%
11
11
10%
10%
10%
10%
10%
10%
600
HI
9%
9%
9%
9%
91/2
9%
1.500
S%
58%
8%
50%
50%
50 %
27%
28 %
27 Va
17 Va
16%
17Va
51%
52
51 Va
59%
14 %
15%
*101%
10134
102%
13%
14 %
13%
•
11%
11%
12 Vs
15 V*
15%.
65
'
54'.
53 Va
21%
105% >
105%
106
■',
•t
49
18%
18%
62%
63%
64
*26%
27%
27 %
8%
111%
14%
12
16
*109%
llOVa
x22 %•
105 Va
105%
7Va
13%
53%
.
7%
52%
53
22 Va-
22V4
106
49%
3.900
Tlmken
61%
61%
3:300
18%
18%
9.500
Transamerlca Corp.
67
68%'
7.100
TransconVl & West Air
27%
26%
27%
26
26
1,100
.
44%
45
46%
•>
9%
9%
9
'
Ww
,
.
9%
9
—^
42%
42%
23%
24
24 V8
23%
49 %
48 %
48%
29 Va
Dec
22
20 % Jun
20
8%
Feb
167/u
Nov
30
54% Jun
22
17%
Jan
35
Oct
6
12%
Jan
24% July
.106',
106
13 Va
12%
5
50%
Feb
Oct
26
5%
Jan
15
81%
Oct
94
Dec
14% Oct
15
Apr
10%
Dec
"61%'Oct
15
~4%
Jan
12'/a
Dec
■
135
135
135
43%
43%
24%
23%
24
"
11 Va
Jun
8
32 Va
Jan
49%
Oct
,2
Jan
~5%
Aug
Jan
22
31
Sep
Apr
Jan
Oct
Nov
7
Oct '
1
66
:
5.300
Twin
38*
Apr
52% Aug
Apr
Jan
3%
Feb
:
Jan
105 Vi
Dec
Jan
11%
Nov
20%
Dec
2
9% Nov
Jan
13
111 % Nov
10% Mar 22
14% Nov
-
85
8%
15% Mar
35 % Nov
18% Mar 28
Jun
108
3
49% Nov
7
106 Va Jan
13
14 V- Jun
May 22
13
13
3
Dec
18%July
5%
Dec
Dec
Dec
102 V<
>28%
Dec
28% Jan
'35%
Dec
.
"
34% Mar 27
*29
21% Feb
102
e9
39% Nov ' 7
26% Mar 21
9% Jan
Dec
Jan
12 '/a
2
102
11%
8%
17%
Jan
101% Jan
Deo
68% Nov
Jan
-
v
19% Nov
5
-
23%
Jan
43%
25
-
15
103
,
85 "
Jan
5%
Jan
8%
Jan
51%
20
137
Jun
Oct
9
45
Oct
3
24 % Nov
Jan
Dec
9%
Dec
7
118
Dec
5
14% Jan
105 Vi
Jan
68 V*
-
112% Sep
*
July
'
27% Nov
>•
..No par
Dec
17
31
50
Mar 26
34
Feb
13
7
106
6
10
18% Mar
18
61% Jun
22% Nov
2
26
Truax-Traer
42
1
Coach Co
7% Jun
8
22.
1§ Va
Aug 22
18
109
2
"
1.830
30
17
50
44%
135
17% Oct
66 'At Nov
34% Jan
23%
**•'
•/ 13% Mar
3
16% Jan
44
*132
.
44
300
7.800
.
Nov
Jan
101
22.000
13%.
,
9%
July 17
2
.
20th. C'en Pox Film Corp
106%
7
1
15 Va Mar
10% Aug 20
I $1.50 preferred—*.—_—No par
$456 prior pta———«—No Par
Twin City Rapid Transit—-No par
2nd preferred
————100
5 °fo
conv
prior pfd
—50
13 Va
13%
Jui(y
Oct
"Oct
4% Jan
6.400
4.700
'58
60
104
1
.-No par
preferred———
Dec
>16
106 % Oct
18.200
48
•104
106
$6
25
"
6
8% Apr
Corp——.'—.No par
Tubise Rayon Corp—.—-—1
4% % preferred —
100
38%
47%
24%
'
Feb
44%-Mar 29
Trl-Contlnental Corp.———
400
110%'
38 >
43%
■
•
14'/*
13
14%-
'
7
39 %v
135
•
43%
*108
38%
12%.
.
3
45
35%'
34%"
33%
111
39%
106
'
.
'
42%
v.
*108
*
39
1
«.
133
133
132
33
:
14%
14%
14
1
111
29:900
111%:
111%
111%
48%>
-
.
111%
14
34
31%.
.
*107%
''V:>
" '
I
—
12%
11%
11%
——
Wr-
—
,
106
*.105
106
>
28 % Nov
Transue A Williams St'l——.No par
13%
:
>'/<'
'
21
*
2
Inc———5
19%
68
*111 Va *111%
——h.,
.
37 V* July
—25
18%
'/
Dec
Feb
'
66 %
:>
Jan
6%
Rep
Apr
9% Mar 27
68
19%
50~%
8
32%
Axle———-—10
Bearing—-—No par
Tlmken Roller
44%
19
14
1
,
49%
63%
Oct
9% Feb
Oct
51% Nov
Detroit
49%
Oct
60
Jun
8%
12% July
x93% July 19
Associated Oil—i> —16
preferred
—No par
49%
110
53 V* July 24
87/»
38
44%
— ———
8%
Jan
10% Mar
2
.
Thompson-Starrett- Co.——No par
$3.50 cum preferred
N< par
61%
i
10
14% Mar 31
Tide Water
$3.75
21
16% Oct
Jan
4%
19
10 V* Jun
2
13% Jan
Thompson Products com.—, No par
4% preferred —_—100
430
'»
(J R)
7
11% Oct
3
Dec
2
Transit Corp._No par
Avenue
8
5% May
16
Jun
6% Jan
1
50
preferred—
33%
30% Jan
100"
common--.—
Jan
18 '/a Aug
27 V8
,*i.'
(
34%
36
12.200
106
106
f
1.700
l
Third
Thompson
———_
..
conv
50
18%
■—*
*107%< 111
36
17.100
7%
7%
22%
'
Co
div
$2%
63%
65
'
13%
32
13%
31V*
2.900
110%'
*109%
54%
7 Va
22%
2.600
^600
65
65
66'/a
66
66
>
12
16%
*16 Va
Thermoid
20
64
12
12%
16
5.800
preferred
6%
% Jan
36% Jan
Co.—— Na par'
$3.60 conv preferred-—u—No par
The Pair—-—,—,—.-No par
10
14
13%
*61
64
*61
12%
15%
■V
650
'.400
;
101%
♦101
'
35 Va
11%
14
53%
•'
*>—."
.
111%
111%
110
*128
14%
110%
f.
—
—
.
;,
107 y*
*105
15%
1
Dec
33
9
f
Gulf
48%'.'
"
13%
58%
15%
11% Oct
105% July 26
2
48% Jan
(The)—————————25
Producing—-——-1
Gulf Sulphur—.
No par
Pacific Coal & Oil-—
10
Pacific Land Trust
1
& Pacific Ry Co.—-—-—100
Co
62Va.
.
...
00 £
OD
8%
30%
58%
101%
64
23%
23%
15%
*101
i
-•
51
'
111%
*
50
101%
105%
/
«•'
51%
59
,
'
■■
62%
17%
24
59'
22
>' *
-
27 V*
18%
,
'''i-J
:
18%
63 %
1'^'^. '
;>
T
48%
61%
48%
62%
■
27%
*15
-
7%
53%:
22
48%
62%
1.200
*
24
-
26
xl7
Tennessee Gas
2
7% Jan
Thatcher Mfg
-
15%
*109
■
54
21%
=
^
7%
7%
7%
7V»
21%
105 y*
'
110
53 Va
Texas
50%
59%
12%
15%
'
— —
65
*109
2.900
49%
17%'
16%
—
48%'
26%'
X26%
24V*
'
...
64l/2
65
110
*64%
Texas
54
13%
■
15%
*109
Texas
10; 700
17%
*61
'
*
•'
■
.
62%
*60Va
61
19,100
28
8%
50 %
r
15 %
4.200
Texas
49%
59
■
-J.'L
.
11
8%
Texas
51 Va
*101
14
61
Texas
4j500
57%
8%
15%
•
<15% >
101%
13%'
6,700
8%
24
59 V*
58%
*
420
58%
53
■
24
24
23%
59
108%
17
52 %
23%
*
108
53%
26%
27%
16%
lOfcVa
16
39 % Nov
7% Jan
_—5
& Trans 5% pfd_100
share
33
Apr
27%
8
21
Jah
Highest
per
26%
27 V«
7
38% May
11% Jan
5
Corp—.
> 108%
•
50%
50%
ftinessee
39 % Nov
6
;
share'
per
Apr
9
Corp
16 Va
8%
8%"
'
share
per
7% Jan
-1
(James)
Inc
Hicoci
Telautograph
16
58 Va
-
'
58 V*
108 Va
56%
8%
6%
8%
108 Va
109%
57%
58
13.200
Year 1944
Lowest
9
1
29
No par
Prod's Int
8ymlngton Gould Corp—.
$
'share
31 Va Mar
International Ltd
Swift
per
30% Apr
25
Syivania Elec
16%
16%
16
108 Va
109 Va
58
16
16
16
157/a
109
5,100
-
:
Swift, <fc Co—
3.3L0
9%
>
Par
i
38%
9%
$
1
Highest
Lowest
■
share
9%
Range Since January
NEW YORK STOCK
EXCHANGE
Sales for
Friday
Thursday
Wednesday
Tuesday
lay*
Dec
66
Jun
U
Oct
19
>14% Jan
24
-26% Oct
29
.-78% Jan
24
100 V* Sep
6
76
Sep
V* Apr 27
117%* Jan
23
113
Feb
111% July 11
20% Jan 22
116
29
109% Jan
100% Jan
-
74%:
*73
73%
74
74%
74%
24%
25
24% "
25%
25 %■
98
97%
98 Va
*73
.
25%
24%
'
73
73%.
1.000
25%
24%
25 J'9
5.900
Union
7.900
Union
97 Va
98 %
98%
99 V*
97%
.97%
97%
*112%
113%
*112%
113%
*112Va
113Va
*112%
113 Va
*112 Va '113%
*
113%
♦lll'/t
112%
*111V*- 113%
*111%
113 Va
*111%
111 %
111%
54%
31
34%
34%
34%
*111%
113 Va
*111%
'
*25
26
*25
26%
26%
26%
26
80 %
80%
*79%
"
700
10
10%
22:300
25 Va
800
4%
126.500
50%
8.f00
114
77
33
25
3%
49%
25
77
-■
1.600
200
35
> 4
4
49%
100
36%
*33
10%
15.000
114
*112
10 V4
'200
179
36%
37
77'
4
15.000
54 V*
53%
33
49%
49%
27%
27%
27%
9.500
12%
12
13 Va
12%
127/a
2,900
United
82%
*80
80
83
82
84
16%
17Va"
17 Va
17%
17
47
47
47
48
116%
115V4
115%
United
48
116 %
United
United
11.300
17%
46 Va*
United
1.900
16%
47%
2.100
700
16%
*46 %
107%
9%
37V4
39%
*107%
108
9%
9 V4-
38%
108
109
10%
9%
9%
23
411/4
40
107%
115%
231/4
22%.
22 Va
22
22
37%
107%
115%
115
10 Vt
116 %
23 %
115 Va
116
23%
23
39%'
38%
40
9.800
109
109
110
.
250
10%
9%
10 Va
6,100
22%
21%
22%
10.000
Electric Coal
20 ?8
20%
105
105
20%
*101%
105%
241/4
102Va
200
Va
*105
23%
103
*192
20%
105%
,
-
24%
24%
21
Feb
17%
Sep
25
93%
Jan
118
24
110% Nov
1
92 %
Feb
104
8
26> :
Jun
30
33% Mar
Aug 20
25% Jun
11
18
55% Nov
2
22% Apr
36%
Jan
22
184% Nov
7
102% Jan
123%
100%
20 V*
109% May 25
114
Jan
6
110
Mar
81
Oct
19
.6.1
33
Nov
5
22
21%
105
24%
241/4
105
105
104%
21 Vi
106%
241/4
103Va
103%
*103
*190
195%
*190
195 Va
31%
30 Va
31%
30%
31%
30
30%
30%
62
62 »/4'
62V4
631/4 .63%
*60
62
61
51%
51%
537/a
■> 52%
53
51%
*190
'
53%;
> 531%
%
1.400
104
31
200
4.500
24%.
24%.
62
*192
200
24%
J230
105 Va
105
105
.26% Feb
2
>
July 26
51%
6.500
31
:
520
62%
52
>12.900
10
3.700
37 Va
9%
9%
9%
10
10%
lOVt
10%
9%
36%
36%
36%
36%
37
37
36%
13%
14%
14Va
14%
14%
14%
14
37 Va
14V4
14
14%-
7.700
*10%
11
*51%
52%
*57%
59
*57»/2-
42%
42 %•
4%
4%
4'/a
70%
44
—
—
701/4
47%-
47%
7%
7%.
■7%
11 %
11%
119%
23%
*7%
11%
23%
7%
8
48
96%
200
7%
'■
"
——
•
Apr
42 V*
Apr
17%
Dec
9% Jan
5
14% Jun
27
;
Feb
11%
Aug-
Jan
5
88% Jun
27
45%
Apr
33Va Jan
89% Mar
13% Jan
22
Mar
106% Oct
6
47%
47%
*47%
7%
7%
7%
*47
96
195
*195
%
22%
7%
48
96%
200
er¬
*63%
65
gs
*95
99
%
98
*98
100
*98
35
35
35
36
6 Va
6%
63%
68%
68
67
121%
124
*123
124
80
*73
80
see
2297.
75
*195
35%
2001
-30
50
50 Va
1.500
17
17
183/*
14.800
*72
77
*95
100
'
.
71
71
99
*98
*98
38 V4
37%
6%
6%
71
70%
39
6%
71
%
38%
6%
G9Va
125
*123
—
390
*95%
100
•
6%
*66%
*98
67%
*95%
'78% Aug
17% Nov
20
Jan
11%
Sep
18
26% May
36 Va
Oct
15
75 V* Jan
91%
Dec
23% Nov
9
8
48
31
9
11%
Oct
15%
Jun
98% Jan
109%
Dec
7%
Sep
41% NOV
9
8
16
Dec
Dec
7
Jan
110
19
10% Nov > 7
4
Feb
24
22% Nov
7%
Feb
103 V8 Oct, 23
105% Nov
6% Mar 26
11% Jan
12% July
16% Apr
10
25% Jun
21%
Feb
Jan
22
107% Oct
70
Mar
88
Jun
180% Jan
17
195% Oct
170
Jan
186
Dec
13% Jan
17
Jan
17
77
14%
*
*
;
50
38 Va Jan
10
t
7% Jan
23
97/a Jan
42
34%- Apr
•
Oct
Nor'-
>43 % July
Jan
9'
Dec
38% Jun
16%
Jan
33%
Dec
-15% Jan
5 %•
Apr
9%
5
10% July
:
2
Foundry—————20. > 35
Jan
2
46
Jan
2
—10
27% Jun 15
T7 S Plywood Corpi——i_—
,
2% Mar 25
JU S Realty A Impt—
No var
v
15%
51%
jan
63 Va NOV
53% NOV
6% Mar 27
30% Mar 26
Jan
8% Jan
31% NOV
'
'
25
56"
Oct
23
44% Nov
Sep
Deo
37%
Jun
40%- Jan
48
Nov
8% Jan
;
9
59
"
Oct
;
10%
30%' Apr
11% Jun ,11
Playing Card Co—
'
7
"1
Feb
*4%
73% Oct
19
-40
Feb
54% July
Oct
18
-130
75%'Nov
:
9
*
Oct
5
23*
Dec
•
>123
125
►122
75
*73
79
*73
500
100
100
40
39
1.400
6%.
69 V2
7.500
2.0C0
128
79■
40
..10
U S Rubber Co—
8%- non-cum
U S Smelting,
,
1st preferred.
51% Jan
.100
,,144% Jan
2
.72
No
par
.106
Preferred'
s
1%
non-cum
preferred—-—.
SO conv
No
**»
:
—
Pictures" Co
—
IncT
Van Norman
Co
18
69
50% Apr
Nov
7
Xll9%< Jan
2
,
23V« Aug
7
3r
Nov
8
22
46
Sep
5
50% Feb
6
44%
Apr
4
2%
Jan
"
24
8% Oct
26
23
12% Nov
8
2
par
98 % Ja n
5
117% Nov
7
Mky
76
par
.100
-1
Dec,
May
82% Oct 19
160
Jan
Am:——No par
...—M—2.50
Van Raalte Co Inez
10
Vertientes-Camaguey Sugar Co_6%
Vick Chemical Co—
9
Vlcka Shreve A Pao Ry..
—100
non-cum preferred—.—106!
Victor Chemical Works-.
—
.9
Va-Carolina Chemical --—No par
6%- div partic preferred!..——106
Va El A Pow $5 pref—
100
Va Iron Coal A Coke 5<& pfd—,.106'
Vanadium Corp of
Oct
89
18
24
Jan
48%
4% Jan
1
Leaf; Tob:———.—No. par
orafeTTed
Universal
No
——
176
—3
—
Uhiversal-Cyclops Steel Corp.—. —1
Universal Laboratories Inc.—. —1
Universal
Jan
135% Jan
No par
preferred—..... —25
U S Tobacco Co—
United' Stoekyards Corp—.
United Stores class A—_.—
6
58% Jan
_50
Preferred^
<
6
Jan
52
Rel A Mln——T. -50
U S Steel Corp.
Preferred
95%
99
65
.
1.100
48
*47
50
16%
*63
200
1.000
2.700
16%
*95%
15.200
3.100
16Va
16%
7%.
1
19%
16%
16%
7%:
23"
28%
50
16%
12V*
4.800
19 Va
50
•
7%
118
V*
40
49
28 %
48%
48
.
•
34%
7.100
11,500
48
47 Va
w-;
11%
♦116
*22
2.100
31
36%
19%
47
footnotes
*'7%
48
-97
12
118
28%
18 7a
6%
22%
19%
28%
For
7%
12 Va
*115
28 Va
Va
18%
*73
23%
19 V4
28
18%
Vi
121/4
117%
23.800
159
159
20%-
28%
28%
18%
6%
159%
19
28%
98
80%
28%
.34%
100
88
36%
34%
4.600
80 V®
159 Va
Dec
120
>10% May 26
U S Pipe A
U S
1% July *
1% Jan
12%
-
-700
75%
88
35 V,
34%
6.300
70
811/4
7%
'
2.600
11.600
169%
88%
48%
97s
<
4%
*86
36V4
34 Va
Va.
7%
195
__
74
*47%
7%
■
68%
169 %
74
31
*46%
-
-
,
200
Oct
31%
28
^10
...
Preferred
28
7
66
-No par
A.-—-—No par
U- S Lines Co———-.
Dec
70% July
tf
30Va
11%.
97
71
169%
1,700
43
4-%
30Vv
23%.
200
*190
'
71%
62
43
x80%
160
117
„
23%
48 'A
*47
%
S6%
95
-a-
11%
119%>
*116
22
,
70
*168
%
4%
82 Va
29%
__
4%
•
88%
81%
47%
*47
71%
-72%
*86
•,
^
*59
59
44
158%
*23
*34
58%
29%
*116
51%
4'/4
28 Va
7Va
51
59
158 %! 158%
*47V»
52%
44%
71%
81%
28
52
169%^ 170
■;
__
88
80 Va
160
♦190
<■'
•
-Z
88
28
j.
>-
71
81%
*158
11
4 Va
4V4
87%
80%
11
44%
*57%
58%
43
169%. 169%
71
70%
170
*87
»
70%
70%
70%
70 Va
11
53
52
1.1
Co..
Leather
Dec
Jun
9
22
'
400
11
*10%.
52
52
42%
*169
11
S
Partic A conv cl
114
Dec
9
2
15% Jan
U S Industrial Chemicals^...No par
U
May
Nov
2
38% Jan
U S Gypsum
3.200
'
9%
36%
*10%
-preferred new-__;
Co
i.—
Co—:———
20
1% preferred--:—_—
100
U' S Hoffman Mach Corp:
.—5,
5% %- conv preferred—
—50
Dec
Nor-
4% Nov
50% Nov
1 % Jan
r
,
No par ,
No par>
No pat
$4.50
Dec
11% May 19
2
25% Nov
7% July 20
22
Co.__13Va
U 8 Freight
24%
Jan
2
Oct
Dec
110% Sep
May
Jan
66
Mfrs Inc com——1
preierred ————.—100
United Faperboard—
L—■
16
:
Feb
Nov
'33% Nov
32% Jan
110% Apr
22
7
5%
Secur
20%
12
NOv
United Merch.A
USA Foreign
115
109%
1
8
*
'
119
Nnv
Jan
-25% Mar
Dec
82%; Jun
151
37
Engineering A Fdy_—_—5
-No par
Improvement
*15%
Aug 20
Prult Co
Gas
Feb
22% Mar 22
—100
5
Cos
9%
Sep
118
3*1
Co—.
Dyewood Corp-—
Drug
Preferred
320
,
16%
-
Air Lines
"77
3
31 Va Jan
25
104
conv
27 V4
46%
37
5%
28
46%
21%
1
United
16%
29
,
United Aircraft Corp.
Unlterd
121/4
81
100
.100
4%
non-cum preferredUnion Tank Car—i..—i- —No par
27
Va
12%
*12
31%
112 %"
179
77
25V'4
3%;"
49
2.100
5
preferred'
t
:—_100
lnc_——.—__—10
4%%
preferred ——-—*».—100
United -Biscuit Co—-—No pat
5"ft conv preferred
—100
United Carbon Co——
No par
Unlted-Carr- Fast Corp__:—.No par
United Cigar-Whelan Stores
30c
Prior preferred L__—i———20
United Corporation——....—No par
S3 preferred—
———•
—No par
10%
25
:
4
par
'
33%
30%
*111
77
IOV4
49
*112
Uhion Pacific RR Co—___
300
'
35
76%
251/4
3%
12%
54%
1801/2
36%
4.400
149%
xl 10
—-25
Union Oil of California:
110%' 110%
33 Va
pfd. __No
9.400
\
:
25 Va
31V.
ll2%
54
*32
10%
48%
*12
30%
*111
33%
—No par
Preferred #4.50 Aeries—.. „No par
v
25
'
__No par -
Ba& 6c Paper
Carbide A Carbi.
Union El Co of Mo $5
113 Va
24%*
149
151
X180
114
76%
48%
4
33%
'55%
*112
48%
3%
148
>110%- 110%'
37
33
10 Va
10%
*
31 %n
36
114
> 33
33
*
10%
>
33%.
54%
341/4
*75%
76
76
%'
25 Va
182%- 184 Va
183
183
25
*110Va II21/4
55%
55
55
180%
33
30%
31%
110%
180 %
♦31
148%>150
>•">
33 %'
*110
111
25
/-a *110%-111%'*-
1*1%
33 Va
31%
31%
*110
*109%
33%
M*
147
145%
145
33%
24%
24%
24%
24%
145
*109%
24%
58% Jan-
—No par
Underwood Corp
74.
:
:
16
Jan
2
Jan
2
•
% Jan
Jan
31
Oct
22
19
68
7
162
36% Nov
Mar 27
21% Jan
3
Nov
Dec
61% July
76
Dec
63% July
138%
Dec
27% Aug
48%
Dec
4% Nov
5%- OCt!
106%
Dec
18% July
0
41%
July
Dec
9
195
23% Aug 21
Jan
14% Jan
99% Oct
24
178
17
23
50
5
75% Jan
39
Oct
8% Oct
24
2
5% Jan
V* Apr
150
Apr
Mar
17%
-33% Aug
Jan
9% Jan
81%
176
Dec
Nor
23% July
14% Nor
Mar 27
19% Nov
22
50% Nov
28
52
Sep
13VsApr
6
48% May 22
18% Nov
12% May
18
Dec
71
41
Jan
51
Oct
63 %
Jan1
85
Dec
70
Feb
85% July
13
32
Jan
-
Nov
88% Mar 26
100
July
90% Jan
20
101
Jun
8
39
24% Jan
3% Mar 27
59 Vb Jan
9
26
Oct
Va
21V<r Jan
Nov
8
7% Jun
18
Jun
18
50'
Sep
Jun
73
Sep
118
Sep
14
123
Feb
19
113%
57
Jan
22
76
Jun
22
38Va
Feb-
25%- Aug;
5% Mar
62% July
120
Aug
63
Nov
THL COMMERCIAL & FINANCIAL
Number 4437
Volume 162
NEW YORK STOCK
LOW
AND
HIGH SAL*
Saturday
Monday
Tuesday
Nov. 3
Nov. 5
S
share
per
*52
*
56
*40
*52
*52 %
40%
$
*52 %.
41
$
share
per
56
41
Nov. 9
Nov. K
$ per share
56
r40%
41
STOCKS
Nov. 7
40%
Sales for
Friday
Thursday
Wednesday
$ per share
per share
228/
RECORD
PRICES
Nov. 6
$
CHRONICLE
per
share
*52 Va
40%
*154
162
*154
162
154
162
*154
162
*155
*155
.170
155
170
*
170
*155
Lowest
Virginian Ry Co__
6%
1,500
170
155
Range Since January 1
Par
162
170
Range for Previous
STOCK
Shares
41
*155
YORK
EXCHANGE
56
40%
56
NEW
the Week
$
per
share
$
45 V4 Jan
25
53% Oct
23
Vulcan Detlnnlng Co
Lowest
share
per
23
preferred
Year 1944
Highest
«SVa Jan
16
42
per
Highest
S
share
per
share
16
37
Jan
45
July 10
33
Apr
38% Nov
Deo
-100
120
Mar
2
163
Jun
12
102
Jan
125
Oct
-100
145
Mar
5
160
Sep 29
149
Feb
155
July
100
Preferred
64
Sep 17
77
W
73 Va
74
74
*72%
17V4
17V4
'17
38%
39
*72%
74
73%
*72
"
17
17
38 Va
38%
t
*
110 %
71%
71%
Wabash
400
RR
4%%
17'/4
17
17'/+
17V4
17V2
2.600
39%
40
40
39 y8
40
1.800
3.800
Walker
No par
_No
112%
*1101/2
II2V2
*110%
112%
92
92%
921/4
92%
X91Va
91'%
89
90 y8
19%
20
20
20
X20
20
20
201/4
13»/4
13%
13%
14%
13%
14%
MVS
14%
18.400
Diy redeem preferred
Walworth Co
<—
12
12%
12%
12%
12V4
12%
12%
13%
21.000
Ward
95%
95%
951%
95
95V4
95
95Va
95
95»/2
350
21%
20%
21Vb
21
21%
21 '/e
22
21 Va
21%
26.900
*110'/a
112%
91 %
92'A
*19Va
19%
13'/4
13%
11%
12
95 Va
21
.
"
40
20%'
30%
;
39% Y
39%
20 % *
*39
30%
*110%
112%
4%
900
preferred—.
(Hiram)
Baking
27% '
27V4
39
13%
14%
-42%
42
2,700
Warren Fdy &
20%
20%
20 Va
20%
4.900
Warren
30%
30%
31-1/4
1.200
Washington Gas IA Co-
Pipe
32 Va
19
28 Va
,28 Va
28%
3.600
39
38%
38%
1.100
15
153/4
21.500
V
341/8
33%
34'/+
A 34
3414
3.500
89 Va
881/4
88'/4
32%
*88
32Va
"
32%
321/2
110
108%
108%
109
108 %
116
116% v
116
116
116
1161/2
108 Va
108% '
108%
1081/2
1081/2
109 »/2
118
1171/4
1171/4
117
118
108 Va
*117 V4
351/4
35%
35%
35
35%
109%
34 Va
35
34%
35'A
*35%
50%
50 Va
50%
51Va
10%
107/«
IOV4
28
29%
511/4
53
90
■
90
51%'
52
281/4
•
89 y«
»/4
35i/8
„.
53%
-
Nov
8% Oct
2
13 % 'Nov
9
91% Oct
9
96
Nov
1
Mar 26
22
Nov
8
11%
Apr
15
8
22%
Feb
36%
Dec
22 "/a
Apr
25
Aug
15%
23
&
par
No
35%
36V8
51%
10
10%
West
10
&■%
9V8
35%
52
1,700
,
35
35V4
51%
.
51%
2.000
27 Va
27Va
*251/2
27%
52
52 Va
511/2
52Ve
90%
P91/2
90
55
53
54%
34
*32
4 <b
3,800
*32
89
90
52%
34
53%
*31Va
?.4no
Air
Lines,
Auto
,
T
Class B_-
34V8
34
34%
34 Va
34 V8
,9.900
Westinghouse Air Brake
35%
35 %
37%
X36Vb
36%
42.200
Westlnghouse Electric Corp
42
42'/2
42%
44%
x431/4
441/4
1.020
37»A
37'/4
36%
36V2
371/4
37%
37%
38%
3934
3.100
Weston
1.400
Westvace Chlorine Prod—
36%
36%
101%
101%
/
V
74
*70 Va
105
Va
43
37%
103%
*70%
IO5V2
*104'%
Va
■
*70%
74
*104'A
44Va
*70%
*1041/4
89 Va Nov
26
110
105
100 %
100%
89
*34Va
35
9%
10
26%
26%
39%
38V4
39
14%
89
y
34%
19%
17% '
20% "
35
"
~40
5%%
conv
102%
Deo
Dec
10%
10
15
96%
Feb
113
85 Va
Apr
Apr
103
113%
36% Nov
7
16%
Jan
28
Sep
July
Feb
110
Dec
106
Jan
Jan
10
113
103
July 13
17% Mar 27
35% Nov
32% Jan 13
4% Jan 22
52
7
14% Jun 18
13% Feb
2
37% Jun
30% Jan
64% Jan
,
Nov
3%
Jan
2
57% July 10
29%
2
92
19%
213/8
14%
3,800
White Sewing Mach Corp
$4 conv preferred
89
Prior
200
Wilcox
5 9'<H
JO
20%
,•
' 10
.
35
20%
18
17%
17%
Dec
31%
Dec
65
Dec
66 '/a
Dec
15
41
Feb
35
Oct
15
22%
Jan
53% July
31 "A July
36
Oct
22
21
Apr
31 J%
29% Dec
36 J/a
25%
Jan
32
July
Feb
77
July
27
3
x37% Nov
,8
Oct
31
103% Nov
19
100%
100 3/4
1,100
*19%
20
20
*20
%
78
Feb
19
59%
107 Va Jan
15
97%
Jan
44% Oct
22
20%
Feb
36%
500
48%
49 Va
9.300
683/4
Wilson-Jones
2,900
24
87% Jan
24
Oct
15
Jan
92 J/4
21% Jan
9
27% Oct
15
18
Feb
22
26% Jan 22
39% Nov
7
20
Feb
29% July
5
Jan
*64%
Jan
87%
Oct
Jan
31'%
Dec
4%
Jan
9%
6
Feb
8
Jan
1
,
103
8% Jan
3
83% Jan
15
94
Jun
23
35
Oct
17
10% Nov
5
26% Jun
25
18% Nov
7
6%
1
Jan
16% July 13
Mar 26
16% Mar 26
No par
10%Jan
2
No par
97% Jan
15
-10
;
66%
15
30
.
3
Motors
13% Jan
2
Jan
30
136
Oct
22% Jan 30
24
29
37
Co
104% Aug
32% Dec
31% Jan
par
—20
Co
$6 preferred—
v
500
*35%
Oil
103 Va
July 12
20 Va Oct
Apr
20 J/8 July
ll'/a July
99 J/4 Nov
80%
Jan
10%,
Jan
30
;■
*134
*33
2-J
35
*134
37
V
*134
r
48
48'A
48 »/4
48 V2
48%
49%
64%
66
67
70
69
70
*99
101
*99
*99
100
*99
102%
*99%
101'
35
*33
*92
100
-
85
83%
20'/«
"
45V4
99
95%
95%
*80%
99
*95
82
'
20V+
45%
330
20%
128
100
7,100
Tale St Tewne Mfg.
123
Nov
7
19%
49% Oct
8
36%
Jan
44%
Oct
Jan
15
70
Nov
5
20%
Jan
41 J/2
NOV
79
i
24
38
_
.*-10
Jan
3
100
Nov
1
47%
Jan
82'/a Nov
100
80
Jan
5
75
Jan
24
69% Mar
13
Jan
125
24
July
Oct
31
Jan
84
99% Feb
27
69%
Jun
91%
Dec'
84
15
58
Apr
74 Va
Nov
9
23
Dec
14
Deo
9
22
Oct
20% Nov
49
Nov
44%
44%
24
23%
23%
23%
23Vs
23
231/4
5.900
York
32% Jan 24
13 Vs Jan 13
47% Sep
24% Oct
26
23%
9
9%
Apr
27%
271/2
27%
28V4
29 Va
29
29V4
28 Va
29
2.100
19% Jan
17
29% Nov
8
14%
Jan
641/4
631/4
63/4
641/4
64%
631/4
20% July
64
64%
63 %
64 V4
4.600
39 Va Jan
22
66 V4 Oct
17
33%
Apr
25%
25 %
251%
25%
25%
25%
251/a
26
25'A
25%
5.300
Young Spring St Wire
No par
Youngstown Sheet & Tube—No par
Youngstown Steel Door
No par
15% July
27%
Mar 26
27% Sep
19
13
Jan
40
40
40 Va
40'4
40 Va
40%
39%
40%.
■30%
39%
ioy8
11'/a
10%
11
10%
11
34% July 26
5% Jan
2
15
11
Zenith Radio Corp
Zonite Products Corp.
Feb
10%
12% Jun
11
33% Jan
3% Jan
♦Bid
451/4
*44%
45
45
23%' "24
'
asked
and
prices;
v
no
V
a
Y
451/4
*441/4
tin receivership,
sales on this day.
10 3/4
Deferred delivery,
a
,
400
2,700
11
14.100
n New Stock,
r
Cash Ml*,
Transactions at Ihe New York Stock Exchange
JNumber of
Special sales.
wdWben distributed.
Saturday
■
Monday
Bonds
1,654,440
^6,126,000
1,178,000
Holiday
1,829,580
$4,325,800
21,500
Week Ended Nov. 9,1945
7,325,500
8,750,957
•
-
Monday
91,000
8,836,000
31,000
6,915,800
5,305,00Q,
519,500
50,000
5,874,500
Wednesday.^-Thursday
i
$3,147,500
$294,000
.*
Bonds {Par Value)
Foreign
$33,277,600
$1,000
•873,625
533,000
989,000
1,225,930
574,000
536,000
.5,000
1,115,000
1,477,180
1,360,690
497,000
6,000
436,000
725,000
355,000
1,228,000
791,000
,$2,362,000
$2,606,000
$12,000
$4,980,000
1944
.
3,928,310
1945
1944
315,812,478
.
;
U. 8. Government
$294,000
$58,000
3,147,500
219,952,208
Total
35,326,500
$33,277,600
—
$6,942,750
.
*•
1,058,000
29,836,100
;1
"f[}.\
1945
Stocks—No. of shares.
$5,180,800
86,047,160
2,193,291,400
'
90,655,000
1,911,641,900
!
1944
5,408,600
.Domestic.
$2,362,000
Foreign government.
Foreign
listed
on
-Bonds•
Data-
trials
_
November 5
November 6
:
_
November 7
_
189.50
—
11
Total
10
Rail¬
Utili¬
65
Indus¬
ties
Btocks
roads
First
Grads
trials
Ralls
•62.26
37.56
70.82
105.79
114.47
63.15
37.70
71.34
105.79
114.51
37.95
72.00
105.93
114.55
»
*
Second
Grade
Ralls
63.25
62.46
37.89
71.67
105.96
-114.54
191.46
62.45
38.25
71.70
106.05
114.58
10
Total
Utili¬
40
ties
Bonds
108.31
98.95
Bank of New York
-100
—10
106.88
100
323,000
29,977,000
9,008,000
11,000
1,014,000
1,172,000
Chase
National
Co
478
51
53
Empire
99.06
108.41
1Q6.99
108.41
107.00
First
100
383
Tru«fc
Guaranty Trust
Irving Trust
Kings County Trust
48%
Lawyers Trust
10
50%
52%
Manufactures Trust Co com—20
51%
54%
Morgan
5C
-100
fJ P)
I
New
Public Nat'l Bank & Trust—17%
-
117
37
2,000
Sterling
Title
&
,
Trust
12
65%
305
51%
113 %
53%
55%
83
National
Guarantee
United States Trust
21 Va
49
109 "A
25
Trust
391
] ,890
49%
12%
63%
112
63%
298
100
& Co Inc
23%
1,940
46
25
City Bank
York
20%
10
100 1,850
61J/2
35
;
National
;
21%'
-
Ask
225
190
46%
& Trust
10
Clorn Exchange Bank & Trust-20
National- Bank—
210
+00
136
Fiduciary Trust
98.96
.100
123 %
Continental .Bank
107.05
Bid
Par
TrustNational
Pulton
Grace
131
'
_
490
20
—
106.92
-
«sk
35%
Commercial National Bank &
108.40
.
•99.25
Rlfl
33%
15
Bank:.-
Chemical Bank & Trust—;
Trust
$2,217,000 $147,847,000 $159,196,500
119 'A
Central Hanover Bank & Trust 20
108.49
99.00
Holiday-
192.04
191.72
_
Manhattan Co.—10
Brooklyn Trust
10
10
20
Holiday
_
November 8
November 9_„
188.58
$1,883,000 $116,756,000 $149,016,500
City Banks & Trust Ces.
Par
Bank of the
Bankers Trust
-Stocks-
November 3
.
59,273,669
12,000
New York
daily closing averages of representative stocks and bondi
the New York Stock Exchange as compiled by Dow, Jones & Co.
Indus¬
1944
105,701,148
2,606,000
•?
the
30
1945
'
1,167,822
$36,442,500 $2,004,631,810 $2,289,127,200
Stock And Bond Averages
are
Jan. 1 to Nov. 9
Bonds
$4,980,000
Below
1,522,000
Week Ended Nov. 9
-
*
Railroad & industrial
Total
$324,000
$1,000
.
Bonds
Foreign
Government
Holiday
——
Total.
Jan. 1 to Nov. 9
Foreign
Corporate
$322,000
't
Week Ended Nov. 9
8,750,957
Exchange
•471,175
-
;
Btocks—No. of shares—
Ex-rights.
Domestic
Tuesday—.
453,000
1945
44% July
6% July
Shares)
——
667,000
$29,836,100
42% July
Deo
20%
5,408,600
Saturday
Friday
TotaL
y
oj
$100,500
6.431,800
■
x-Ex-dlvldends.
(Number
8,078,000
1,962,887
Friday
Sales
$330,000
2,384,330
*-
Bonds
$3,895,300
+-
Wednesday-
Bond
Bonds ' »•
42
July
Stocks
Total
Government
919,720
-
-No par
1
36 %
Daily, Weekly and Yearly
United States
and MisceL
Shares
Week Ended, Nov. 9,1945
Thursday—
s
20
27% Mar
Transactions at the New York Curb
Foreign
Railroad
Stocks,
..
S3
1
Weekly and Yearly
,
Tuesday
Co
Corp
.
14 J/4 July
Sep
Sep
Apr
40% Jan
10
-
Worthmgton P & M ./Del) -—No par
Prior pfd 4% % series
100
Prior pfd 4%% Conv series—100
Wright Aeronautical
No par
Wrie-W fWmV Jr
(Del)
—No par
Wyandotte Worsted Co
0
100
19%
pfd
Woolworth (F W) Co
200
96
82
.
6%
Woodward Iron Co
100
101
*97
95%
82
20
20%
20 Va
20%
99%
"
*67
993/4
*98
95'%
*80%
,
"V
49
65-
69
83%
Q«»
94
•
*80 Va
•
20%
20
100
94 1
/
94
*80
ioo%
x48%
—
—
Wisconsin El Pow Co
*134
36%
*35%
34V2
Dec
July
9% July
'
*134
Dec
9
Jan
101% Aug 21
No
preferred
Deo
37y8 May 17
50% May 17
39% Nov
9
64
1
>
Wilson & Go Inc_
39.600
101
L
Willys-Overland
30.000
17%
20%
prior pref
White Motor Co
700
July
Oct
Jun
7
27% Feb
White Dental Mfg IThe S 8)_—-20
5,400
-
100%
181/8
101
20 Va
580
27%
Dec
6% July
16 J/4
56
100 <
1-100
37Ve
Jan
7 Va
43 Va Aug 21
26% Jan
6
31% Aug
No par
NO par
Apr
"
37% May 12
30% July 26
-
26%
18
27% July 18
50
-2-100
—,
Dec
118%
5
10
NO Par
preferred—
39'/4
14
JO V8
20%
17%
$5 conv
Dec
16
—No par
Wheeling Steel Corp
2.100
28
28
-12.50
$3.75 preferred
27
*87%
*343/4
35
21 y8
100%
20 Va
„
87%
"*34%
43%
102
'
Deo
Feb
Jan
Sep
.1
Instrument.
38%
101/4
'
102
14%
.
87%
35
17%
20
14
14%
89
*87%
-
IOOVb
17%
100
102
14%
A
;
10 y8
191/4
20
'■ 100
42%
102%
26 Va
38%
10
19V2
*20
101%
26V4
34%
17%
100
1011/4
v*87%
v
'i
43%
38% Y
Va'
14%
14%
14 Va
*87Va
*
38
42%
27
*26%
38% "
38%
-
101
101
.
27
*26%
44
43'/4
85%
18%
83
*
43Va
Jan
14
11
Sep
Apr
NO par
Wheeling -<si Lake Erie Ry
1
77
2
34 Va Jun
8
■
73
75
104V+
104 »/4
104V2
43%
•
■
*70%
75
Jan
118% Oct
12%
®lec
22 Va
2
110
Preferred
380
"
'
*105
37
103
102%
102%
102%
101%
'37%
x371/4
36% ■: 37
36%
101%
*36
*101V
"
8
< Jan
109% Jan
Nb par
35i/8
38
3 4'A Nov
10% July
25% Jun
118
l
-
34%
"
Dec
Jan
84 % Apr 12
23% Mar 26
iOO
351/8
341/2
Dec
31%
6%
100% Jan
preferred—_100
42'/a
33%.
22 Va
Jan
9
8
Ry
2nd
34%
1,
Apr
20
1
42
.
7
40% Sep
15% Nov
101
:
41% "
34%
1
113% Sep
7
22% Mar 21
Inc
Supply Co_
non-cum
28% Nov
3
May 10
30% Jan
No par
100
35%
33% ■; 34
Mar 26
20
wl
Western Pacific RR Co com—No par
Preferred series A
*—100
Western Union Teleg class A_No par
16,700
34
7
July
—.100
pfd
/Pulp & Pap CO
Western'Maryland
2.000
53»/4'
Power 4%%
preferred
Western
;
11.800
291/4
Va
Western
3,100
10
31% Nov
Jun
22
2
10 Va
—100
preferred-,.
35Va
113
*111
.
Sep
1—3
Indies Sugar Corp
J.
1
West Penn Electric cIobs A—No par
1% preferred——
—100
West Penn
42% Nov
27 y8
24
V140
9
14% Aug 21
24 Va Jan
9
120
34%
113
29 Va Apr
par
,
'
13
—5
411/4
•
Nov
x20
Jan
West
190
..
110
53V4
/
32'/a
68
Jan
7V»
.5
1173/4
90
-
52 »/a
*31%
32%
*30%
90
*117
28%
,
Feb
17%
-
*240
48
108% Nov
7
19
Wesson Oil & Snowdrift—No par
$4 conv preferred
NO par
12,300
53
28% '
'52%
51%
.
109%
117%
.51%
10% / 11
10%
33%.
109
118
Nov
24
Webster- Tobacco' Inc—j_l
100
109
109%
351/4
,
116%
116 V2
113
89
-32%
■
109%
117
*117
115
50 Va
32 Va
109V2
36%
*113
115
*112
"
114
*112
1',.
*87%
*105
20% Feb
Wayne Pump Co_,
15V8
110% Sep 28
92% Nov
7
Dec
14% Nov
Waukesha Motor Co
38%
14%
33 %
?
'89%
*86V4
32'A
32
33
32%
32%
92
*87
28>/+
15'A
Dec
68
2
Corp
39
28%
28V4
Deo
31%
15
No
42
*30V+
*38 V2
14 V»
Apr
Sep
1
42
,
Jan
26 Va
—100
31 «/4
14%
39
14'/4
Jan
10%
8% Jan
.
20%
28
39%
13%
40
8
17
Oct
__1
5 Va %
preferred
Warner Bros Pictures
Petroleum
Aug 21
61 Va Mar 27
par
No par
21
18% Oct
41
105
-No
new
30%
42
10
24
No par
40
A
31
27
W
20%
'21%
39'A
A
Jun
13% Jan
30% Jan
:par
—100
G
Co
"
20'/+
*30 Va
;
preferred
Waldorf System
Walgreen Co
20%
100 1,720
86
21'/+
1 ,780
.
ume
1
r
r' *
v
■La
Bond Record
friday
weekly
-
yearly
-
Cash and deferred delivery sales are disregarded In the
In the week in which they ocour. No account la taken of
headed "Interest Period" Indicate In each case the month when the honds matureif
;
-5'
range for WEEK ENDING NOVEMBER 9
the
"and interest"—except for
are
The italic letters in the column
a
New York Stock Exchange
«»
Income and defaulted bonds.
week, and when outside of the regular weekly range are shown in a footnote
NOTICE—Prices
-
MmF AB'frmii. fffWft PlY lA' jl
ASOfidJiy* fl**
financial chronicle
the commercial &
,2288
"*"*
A«k.iam
i
week's range, en Has
such sales la eompattag me
73%
17
I'
i1
.
38%
■
■
110%
91 '/4
*19%
13 >4
,
Interest
-
Last
Period
Exchange
York Stock
New
Sale Price
106.18
•or
Bonds
Friday's
Bid & Asked
1947-1981
A-O
3%s
Treasury '3mbs.
Treasury 3 Vis,
.1946-1956
M-S
Treasury
No.
Low
101.5
*101.3
; J-D
*101.15
J-D
*108.21
.1946-1948
J-D
*101.13
101.15
103.19
..1951-1955
M-S
*110.25
110.30
111.4
1955-1960
M-S
113.25
113.25
112.17
114
2%s—
2%s__
2%s—
23As
2%s^
-.1948-1951
M-S
..1951-1954
J-D
Treasury
Treasury
Treasury
Treasury
113.20
*114.11
114.13
112.21
*115.23
115.25.
113.2
115.1
1945
3-D
M-S
*104.17
Treasury
..1952-1954
.1956-1958
1962-1967
Treasury 2%s
2 Mas
J-D
101.30
101.31
2
100.15
101.27
100.10
102.2
102.3
—1966-1971
1967-1972
1951-1953
100.20
105.28
107.26
105.2
108.19
104.27
104.27
10
100.27
104.27
100.23
100.27
6
100.15
101.12
*102.17
102.19
102.26
103.28
104.24
J-D
102.5
102.3
J-D
*103.13
103.15
104.24
J-D
*102.27
102.29
2s
M-S
1950-1952
1951-1953
Treasury 2s
*102.3
,.*102.31
,
J-D
101.29
100.25
103.5
103.10
102.10
103
103.14
100.25
Series
No.
No.
103,14
J-D
*103.20
103.1
103.25
100.17
103.23
103.23
2
J-D
106.12
106.12
1
106.12
101.23
100.26
101.14
16 1948
June
1950
J-D
J-D
.
*101.20
101.22
101.10
101.13
101.13
20
AExtl
a 6s
•
-
J-D
117Var
•
41
1163/4 117 V*
122
112Mb
108
100%
t
104% 164%
21
J-J
M-N
1958
ASinking fund
A 6s
A 7s
F-A
M-S
A-O
M-N
of
external
AGtd
<Klng of Norway)
4s
A-O
M-S
*90
61
79
__
92
74%
.
A
External
f 7s series C—
s
A External
s
s
.1949
f 7s
A
.1957
1st series
f 7s 2d series— 1957
A External sec s
A External
/A Antwerp
sec
f 7s 3rd series— .1957
1958
external 5s
..
s
(City)
37
s
M-N
M-S
90
A
Rica
of)
(Rep
1961
J-J
A-O
~1
7
30
33
'
1
30
33%
'
30
33%
'
A-O
*30% .31%
J-D
98% 100
34
r"
_
28
.
86%
M-N
101%
100 % 101%
43
1971
loan 4 Mi 8
M-N
101%
101
101%
4
S
f conv
8
f extl conv
loan 4s Feb
.1972
S
f extl- conv loan 4s Apr
.1972
F- A
A-O
100%
1952
A-O
*98%
120
33
90 MB
107
107%
41
995/b
104
104
101%
101% 101%
98
97%
97%
7s
99%
:
99
90
98 %
98%
107%
98
1st
1
„
Greek
A 7s
101% 101%
1969
A-O
•101% 102%
1967
J-J
.1949
J-D
M-S
100%
106
!
J-J
*102% 103
100 Mb
103
i
A Jugoslavia
1955
J-D
♦110%
105%
110%
!
AMedellin
jIABrazil (U 8 of) external 8s
.1941
J-D
*106
70%
—
70%
95%
103
59Ma
70%
73%
'
;
Stamped pursuant to Plan A
(Int reduced to 3.5%)
.
AExternal s f bM»s of 1926
Stamped pursuant to Plan A
(Int reduced to 3.375% )
AExternal s f b'/as of
1927
r
H-
.
16%
A-O
14
16%
100% 101
-w.
132
*102
M-N
i
it
A-O
*._
M'-d
31
31
1954
J-D
•99
100
M-N
•12%
it 4
20
J-D
(Prov) 4 s readjusted
Irrigation—
A4%s stamped assented
Mendoza
14%
m
I
»»
(State Mtge Bk) 7s_—1957
6%s___-—-1954
(Colombia)
|
Ww
4
95
95
1
♦*%!
^
^
—
i7%*n%
A-O
-
,
55
*100
part
1
•
•109%
Government—
tm-m
—
•50%
M-S
.1955
105 Mt
100
•101%
--1949
.1949
6
16
|
A-O
f 7s
M-N
tm
..
1969
I 6s
external 8MiS.
Belgium
M-S
i!
•101%
s
1957
.1956
1927
of
1
?7
M-S
s
5s
External g 4%s of 1B28-.
1073/4
m
96%
A-O
External
External
J-J
s
A-O
External
5s of *25. .1959
(Commonwlth)
*SV
m
98%
*101%
96%
1940
series
i
n
1940
(Republic of) 7s
stamped—
unstamped-
;
74
*
96%.
M-S
.11964
paid
-1988
A6s part paid..
Haiti (Republic) s f 6s series A—1952
Helsingfors (City) ext 6%s
1960
Irish Free 8tate extl s f 5s
—.i960
Australia
*
.1961
series
m
«
t
97%
A-O
1942
fund 5%s
Customs Admin 5%s 2d series
5
100% 106%
F-A
1962
series sink
8A2d
'f
'
159% 139%
J-J
1942
a.
110% 110%
*111
1955
French Republic 7s
i
*108%
5
4
M
98%
A Estonia
101%
F-A
A-O
5 Ma 8
103
95
If. 4
•105%
8s ser A-1951
5%s
k|;
*
3$
87
35
M-S
J-D
gold
H
87
35
M-N
M-N
1945
(Rep ofl
f|
48%
86%
1953
J-D
5%s
4
m
I
94
Mexican
.1978
3-D
.1957
A-O
.1979
A-O
.1957
A-O
66
53
69 M«,..
69%
573/b
71%
61 %
62
52
66
69
693/4
57%
1043
—
59^
*
71 Ma
*61%
...69%
.
A Assented
to
Nov.
5.
1942,
t
•10%
agree
14%
*
M %
T
Stamped pursuant to Plan A
(Int reduced to 3.375% )___ -1979
•
<Central
A7s
A-O
62
62
52
66
-1952
Ry)
J-D
71%
71%
59%
73 Ma
1978
J-D
*61%
68
54
69%
1979
A-O
61V«
62
52
66
(•.'temped pursuant to Plan A
(Int reduced to 3.5%)
funding bonds of 1931
8%
to Plan A
reduced to 3.375% )
Stamped pursuant
•
(int
Bbfcrnal $ bonds of 1944 (Plan B)—
No.
♦63
64%
52
64%
52
68
Series No.
3%s
Series
No. 3
633/4
3%s
Series
No.
63%
3%s
Series
No.
*63
64 %
Series No.
■*"!';£ Series No.
*64
69
3%s
633/4
65%
10
52
68%
63%
633/a
4
52
67 3A
52
68 Ma
60
72
*73
"
%
80
53
74%
51%
.75 Ma
75%
Series
No.
8
3%s
Series
No.
9—
3%$
Series
No,
10
74%
74%
52
3%s
Series
No.
11
633/4
64
52%
3%s
Series
No.
12
*60%
65
51%
66%
513A
66
51%
68
3%s
II
For
Series
see
74%';
.
14
page
74%
*73
13
No.
footnotes
74%
*60%
633/4
2292.
rymi marks
FOREIGN SECURITIES
SPECIALISTS
75 Ma
523/4
3Mis
3%s Series No.
MARKETS
68 V4
*63
Series
0-3/48
:
SECURITIES
FIRM TRADING
1.
2
J%s
..
For Financial Institution*
FOREIGN
__
64'A
12
.
76
68%
50 Broad Si.. New
Telephone HAnover 2-0050
|
;j
31
♦I
89%
J-J
wks
** !i
*?,%
.
•49
89%
1953
5M2s 2d
1941
SI external 4%s
-
M.
1977
Czechoslovakia
105%
(National1 Government) -
Argentine
•
1
SO
*49
|
*4
U
5#%
60
•
1949
lADominican Rep Cust Ad 5%s
5A 1st series 5%s of 1926
■
#«
57%
57%
debt
37%
37%
I
;
td-» m
30
*80%
4%s
34
303/4
§
45
23'«
27%
<>4
loan
External
37
^4
r
1949
External gold 4%s
30%
30%
external
38
30%
30%
30%
1951
^
7s.
(Republic of) 5s of 1914—
38
30%
i
J ' % l
1
14%
j
|!
17%
to
19%
j
|
•
*20
19%
:
•»I
*80%
J-D
35
37
*f
19
i 7
F-A
35
30%
20
%
J-D
1952
5s_.
6
30%
i
19%
20
|
%
14
n
A-O
1947
(City)
12
A-0
i ;•
*
..
28
20
20
V
**
20
20
A-O
ASinking fund 8s series B
A-O
J-J
If % 'u
ft
*18
1981
1970
*
*
%
«•%!
'
21
20%
■
t
20%
*19%
20%
M-N
37
..
20%
20%
M-S
—1951
5a_
bonds
37
__
1
M-N
-1960
Jan
f t
363/4
*36%
J-J
*134
A-O
.—Oct
37
J-J
.1949
f 7s series D
External
J-J
.1945
A External s f 7s series B
/
A-O
IA Denmark 20-year extl 6s
.1945
(Dept) coll 7s A
AAntioquia
t
*20
15
.1961
-1960
A Public
74%
62%
74%
74 %
V
21
J-D
1947
A Costa
*74%
1968
sink fund 6s
Akershus
F-A
1
20%
20%
21
*14
Sinking fund 5%s
1947
1948
100
I4"-* M
21%
*19%
.1946
4Mas
sink fund 6s
AGtd
17 %
21 %
J-D
.1962
25-year gold 4%s_.
1-1693
(Colombia)—
Agricultural Mtg6 Bank
19%
i
**
21
21
J-D
.1962
&
i.i* '■%
«
*
J-D
6s_
9%
if % %
—1957
Mtge Bank 6%s
Copenhagen
Municipal
A
21
-1957
1927
.
External
Govt.
*34%
.1961
1928.
Cuba
Foreign
'■
*2J
M-N
ASinking fund 7s of 1927
Wertheim & Co.
NY
*<»
20%
21
A-O
ASinking fund 7s of 1920
Broadway, New York
31%
(Republic of)-
of
3s
120
*87%
M-S
1962
assented
A Colombia
REctor 2-2300
14%
I;
21%
-1963
Cons Munic 7s
A 0s
T eletype
14% f-
»
-1901
(Hukuang Ry)
38%
I
4#
21%
20%
F-A
1961
J-J
assented
A6s
Members New York Stock Exchange
m
21%
A-O
Sep 1961
Sep 1961
fund
*26%
21%
—1961
ACbhiese
Telephone
100%
21%
21%
A-O
1961
.1963
Colombia
Foreign Securities
M-N
190a
AGuaranteed sink
A Chilean
MV %
20%
20%
J-J
assented
A6s
43%
6
'
1961
AGuaranteed sink fund 6s_.
*105
n
MX %
21%
1961
A63As assented
*70%
"
I
•39
M-N
Jan
6%s__
m'
103% 103%
103%
Jan
assented
10ai
103% 103%
1942
sinking fund 6s_
*101 "4
I M'.»%
101%
J-J
sinking fund 6s
37 %
*36
%
»•»%
*103 if
102
J-J
assented-
A 6s
-
104%
J-J
1960
os
41%
i
tdfti
-1942
AChlle Mortgage Bank 6%s
A6%s assented
Transit
.1980
108%
1900
assented
AExternal
City
Unification Issue—
Corporate Stock
A-O
1954
sinktng fund 0s
A 0s
34%
at
J-J
Feb
assented
AExternal
3%
"s
1953
Feb
t
«i
*72%
4
33%
i
m
95
94
94 %
J-J
15
6s.
assented
s
)
110% 110%
1948
-
sinking fund
i
»•> %
110%
i96i
f 7s_
s
51%
*30 3
«w?%
J-J
15
Ja°
Ha"
External
5
*91%
M-N
1967
Jan
A 6s
106.12
101.9
A-O
1908
;
(City)
91%
1960
30-yr 4s.
::
(Rep)
3
1984
bonds.
3s
AfSy external
J-D
York
f $
s
(Dom of)
A6s
90
Wh
93%
91%
F-A
1970
f 4%-4%s
s
external
AExtl
51%
92
92
M-S
1976
10%
28
'
3Mis
103.23
1953-1955
New
1977
f 4Ma-4%s.
s
50 >2
*101% 102%
J-D
M-S
34%
63
*101%
F-A
.1981
35 %
*112
i
S
(Province of)-
stamped
3s—
103.25
100.13
is %
108%
*117 %
101% 101%
M-8
—1975
103.1
12
103.22
el03.15
«
*60%
103.14
M-S
t
S.'%
M
*60%
Series
:
•
5
*
u
67
*60%
—
32
116
"
63%
Series No.
15
103.9
*103.3
*103.8
J-D
l%s—
...
AExternal sinking fund 6s
A 6s assented.
Dec 15 1952-1954
l%s
26—
63%
_
_
2%s
103.4
108 Ma
m %
*60%
A Chile
M-S
v
.1951-1955
2s
2s
25—
A7s assented
June 15 1952-1954
2s_—
Treasury 2s
24—
No.
103.1
,103.2
*103
f
64
No.
No.
32%
*87
U
64
*60%
Series
13%
»
*
63%
%
Series
ACarlsbad
M-S
March 1950-1952
Sept
63
39%
I
m
63*»
:
27
I
61%
•60%
Series
30-year
30-year
102.20 102.27
M-S
1948-1950
Sep 1949-1951
Dec 1949-1951
2s
23
°30y2
I
63%
63%
.1
102.9
J-D
Jun 1949-1951
Treasury 2s
22——
No.
25-year
Dec 1948-1950
.
No.
Series
Canada
*105
—1947
2s
Series
3%
-
*108.17
M-S
Mar
21
External
101.24
100.30
J-D
1959-1962
2s
2s—2s
Treasury
100.18
J-D
.1956-1959
2 Vis—
Treasury 2s
Treasury
5
1
,107.3
*107.1
J-D
No.
*1%
*60%
63%
Refunding s f 4M4-4%s_.
External readj 4%-4%s_.
1954-1958
i
Treasury
Treasury
101.6
105.28
Series
Buenos Aires
1952-1955
2 Vis.
2yis
Treasury
101.4
20
Exfernal
106.29
100.25
105.28
J-D
M-S
19
No.
A6s
194
101.18
101.18
M-S
_
Treasury
Treasury
101.21
101.27
No.
Series
-
_
(City) ? f 5s—IIZ—IHI1957
-1958
Sinking fund gold 5s
Sinking fund gold 6s
-1950
102.7
4
M-S
Series
Brisbane
102.9
J-D
-
18_
3%s
102.17
1964-1969
..1965-1970
101.31
u%
17—
No.
33As
103.4
100.18
100.17
3
Dec.
Treasury
Treasury
100.28
103.4
102.13
-
Sept 1967-1972
Treasury
108.12
*103.2
101.30
June
Treasury
108.12
168.12
:108.12
63%
No.
Series
33As
105.24
*102.11
2%s__
Treasury 2y4S—
Treasury 2y4S__
Treasury
105.19
107.1
al01.29
_
Treasury
Treasury
106.13
J-D
Treasury 2%s—
Treasury
*106.11
J-D
' £63-1968
.
2VaS__
2 Vis
Treasury PVis
107.6,,
M-S
63%
beries
*39
20%
33As. Series No.
107.25
106.8
*107.4
June 1964-1969
Treasury
Treasury
106.28
*106,6
M-S
:
63*4
m
33/4S
107.15
M-S
..1950-1952
2Vis—
2 Vis—
Treasury 2l/as
Treasury 2%s
63%
63 %
33As
_•
106.6
J-D
.1949-1953
Treasury
63%
3%s
100.8
104.19
*100.6
1948
.
16—
No.
33/4S
113.30
J-D
M-S
Series
33/4S
.112.10 113.7
112.20
J-D
1960-1965
.1956-1959
Treasury 2%s—
Treasury 2y2s
108.27
64
-•
..-.1958-1963
Treasury 2Vas_
Treasury
109.2
I
taw
33A8
110.15
104.14^
i09.2
*104.12
109.2
t*w
High
*60%
33/4S
106.11
Treasury
21
(Continued) —
3%s
r
105.14
Bid A Aafcad
Sale Priee
15—
bonds
A
3%s
111.27
3s—
2T/Bs—
95%
Series No.
3%s
-
103.19
3s
11%
...
3%8
108.23
Treasury
Treasury
Friday We«k*s Re»f*
Laat
«r Ffmay'e
(Continued)
External
101.19 103.27
103.20
Treasury
•
3->*6
Brazil
High109.24
102.4
101.17
.1949-1952
Interest
Exchange
Period
Low
••
.1946-1949
New York Stock
.Range Since.
106.18
10
106.18
106.18
.
January 1
Sold
High
S. Government
C.
4 'As
Treasury
BONDS
Week's Range
Friday
BOND S
.
York 4. N. Y.
Teletype S*
■
mi
ii
iT—mmmm—
MJi
<
j
25%.
162
ume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4437
u*
mam WAI« WCM
$
share
per
$
56
Sales for
Friday
Not. 8
# per share
>6
*52
40
r
I gsr *•**#
per s ifif#
Thursday
X**. 1
Nov. 5)
S per share
NEW
the Week
$ per share
YORK
•
Range for Previous
.'V'.
STOCK
Range Since January 1
EXCHANGE
Shares
"/
Lowest
jf•
41
154
162
*154
155
170
*155
\
*sa%
40%
40%
41
s«
*82%
40Va
41
56
*52 Ma
40%
40Mi
Virginian Ry Co
56
41
1/2
*144
162
154
162
*155
*130
170
155
170
*155
170
45
23
6% preferred
Vulcan Detlnntng Co
Preferred
1.500
162
1/0
29
-
tzVi Jan
Year 1944
Highest
t per share
Par
■
52
4
*M*f» *
s
No*
^uM'MSTOCKS
ftWlMHUy
Stonily
2281
M* Jan 25
Lowest
t per share
53 Mi Oct
;
16
37
July 10
42
Highest
share
per
16
33
$
45
Apr
.*
share
per
Jan
Dec
/ 38 M4 Nov
100
120
Mar
2
163
Jun
12
102
Jan
125
Oct
100
145
Mar
5
160
Sep
29
149
Feb
155
July
100
64
Sep 17
77
Jun
21
W
73%
*72%
17
17 V4
38 %
f
74
17
38 Va
38%
110%
112%
91 %
92 >/4
°19%
19%
"
13 1
74
*110%
73%
71 Ma
71 Ma
17%
17
17 Va
17 y4
17
3?
,
"72
n
3»
39%
40
40
397/a
40
*110 Ma
112
111%
*110%
112%
110%
112%
92%
02*4
92%
X91%
91 %
89
19%
21
20
20
•X20
20
20
20 >i
13 l/4
1" %
13%
14%
13%
14%
14 Ma
14 Mi
12 %
12%
12%
12%
12%
12 Ma
13 Ma
Walker
8
4'/a ft
preferred
Walgreen Co
3,800
90 Ma
Waldorf
1.800
92
12
Wabash RR
400
2,600
Ma
12
13"
4
11%
•72 %
4
17%
V2
4%
System
No par
No par
preferred.^.—
(Hiram)
100
G & W
18.400
Ward
900
Baking Co
95 %
95%
%
95
95%
95
95%
95
95%
350
21 3
8
20%
ll %
21
21%
21%
22
21 Ma
21%
26.900
40
39%
39
40
42
42
42%
42
42
2,700
Warren Fdy
20%
20%
20%
23%
20%
20%
20%
20 3 4
20 Ma
20M-4
4.900
Warren
*30%
30%
30%
11
30%
31%
"30%
30%
303'4
31 y4
1.200
Washington
3.600
Waukesha Motor Co.-
1.100
Wayne Pump Co—...i
Webster • Tobacco - Inc-v--_l_
•'39
4
27
27 %
27 V4
21
20%
28%
28%
28%
28 Ma
28 Mi
39%
39 %
39
V-
30%
39
38%
39
38%
38 Ma
13%
14 %
13%
1
14%
15%
14%
15 Ma
15
153/4
32 7
32%
"87
108%
34%
33%
34 M4
to
89%
88%
88%
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32%
32%
32%
32 %
32 Ma
32 Ma
109%
109 Ma
116%
109%
109%
is
"86%
32 %
33*»
89%
32%
8
92
32
4%
32
108%
108'%
100%
116
116%
116
1 lt
108%
108%
108%
3 06
118
117%
3
*117%
35 %
35%
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116%
100%
109%
117
j
17%
35 3a
114
110
116
109
118
35
35a4
3C%
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3 If
*112
50
3
%
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50%
35
50%
56%
51 'a
%
10%
10%
117
113
34%
*111
35 Va
10
35%
35 34
36%
35
35 Va
52
51%
51%
51 Ma
51%
30%
11
10
10%
97/a
28
29 3
28%
28%
20%
29%
27%
27 Ma
*25 Ma
53
51%
52 %
53
53%
52
90
90
89 7
B
90%
90
90%
89%
PO
89
52
52 Va
53%
53%
55
53
54 Ma
52%
53 Ma
34
*32
4
51 Ma
52%
Sugar
10
„No par
Western
Lines,
3?%
32
33%
34%
34%
34%
34
34 Mi
34%
34%.
9.900
35 «*
35%
i53a
37 Ma
X36 Me
36 Ma
42,200
41%
41%
42
42%
42
42%
42%
44%
X43 M4
44%
1.020
37%
37%
36%
36%
37%
37%
37 %
38
36 %
36 %
36%
36%
10134
101%
01%
101%
*70%
74
*70%
100%
100 %
39%
.
3.100
37M4
37
37 Ma
,
1.400
Westvaco Chlorine Prod..
103
103 Ma
75
26%
*70 Ma
73
104 Va,
*104'/4
105
43 Ma
42 Ma
102 Ma
26%
26%
27
27 Ma
700
38 %
39
387/a
39 M4
5,400
14 Mi
3,800
White Sewing Mach
39%
102
102
"40
43 Ma
102
$5
580
14%
14%
14%
14
14 Ma
89
*87 Va
89
87%
69
87%
87 Ma
*87 Ma
89
34%
34*4
35
35
*34%
35
*34%
35
200
10
10%
10%
10
9%
17%
20 %
19%
17%
37%
17%
00
100
100
*20
19%
19%
20
19%
17 Va
100
100%
•
20%
20%
20
*
*3 34
1
*134
134
10%
207/a
30.000
"Willys-Overland
17Ma
177/a
39.600
100 Mi
1,100
*19 3 4
20
20 Va
500
*134
-
-
66
67
70
"99
49
101
95%
95%
83%
'80%
20 Va
20%
20%
20%
441 '2
43%
45%
45%
"44%
23 5
20
24
23%
23%
23%
27%
27%
20%
29 Va
29
20 Ma
*
45
24
95
«
*67
36 Ma
49
101
200
95%
,
100
*95
96
82
82
100
19 Mi
20%
45%
4 4 Ma
44 Ma
400
23%
23
23 Va
5.900
29 '/4
28 Ma
29
2.100
7.100
64 'U
25 Ma
40
40%
40%
40'1»
40%
39 5 i;
40 Ma
39 Ma
39 M4
11
10'
il%
10%
11
10%
11
10 Mi
11
Deferred delivery,
Transactions at the New York Stock
n New Stock,
Sep
:
I6M4
Jan
28
July
I
July 13
203
Feb
110
Dec
Jan
7
26 3/4
33/4
Jan
18
7 Ma
Jan
salt.
•
Special sales,
'
Oct
15
!"
x37% Nov
103 Ma Nov
31 Mi
78
Jan
31V4 July
Apr
31%
Dec
29 M4
Dec
36 Me
253/4
Jan
32
July
Feb
19
77
July
59%
Feb
107% Jan
15
97 M4
Jan
22
20 Ma
Feb
103
/
Oct
15
Dec
66 Mt
94
Jun
Oct
17
10% NOV
5
26 Ma Jun
25
18 Mb Nov
,.
/' 92
22
"Feb
'5
15
35
Jan
Feb
20
:
16% July 13
■
1043/4 Aug
32Mb Dec
18
27% Oct 15
39% Nov
V
Jan
7
x64%
Dec
July
9Me July
Jan
87 Va
31 Vs
Dec
4%
Jan
9%
Apr
6
Feb
20 Ma July
8
103 Ma July 12
20 Ma Oct 30
Jan
11 Ma July
80 M4
Jan
103/4
Jan
Oct
29
37
Nov
7
40% Jan
24
493/4 Oct
8
38 -i.Jan
Oct
99 y4
Nov
14 Vs July '
Sep
19% Apr
36% Jan
i
V»
29 3/i July
Jan
24
136
.-10;:
123
125 .;:
Sep
& 24
July
44Mi
0ct
15
70
Nov
5
20 Ma
Jan
41 Ma Nov
79
Jan
3
100
Nov
1
47 3%
Jan
82 Ma
80
.
Jan
5
100
Jan
24
No
par
75
..lVo
pa*
69% Mar
13
5
Jan
Nov
Oct
31
Jan
64
99 % Feb
27
69%
Jun
913/4
Deo -
84
15
58
Apr
74 Ma
Nov
9
23
Dec
14
Deo
9
22
Oct
20% Nov
49
Not
32% Jan
13 Ma Jan
24
47% Sep 26
24Ma Oct
9
27% Mar
13
9Va
Apr
19% Jan
17
29M4Nov
14%
Jan
39 Ma Jan
—No par
1
22
66 M4 Oct
17
33 Ma Apr
153,4 July
20Me July
423/4 July
Mar 26
27Ma Sep
19
13
Jan
20%
42
Feb
15
333/4
Jan
12% Jun
11
33/4
Jan
♦4% July
6% July
5% Jan
wd When distributed.
2
x-Ex-divldends.
8
36% July
Deo
y Ex-rights.
Transactions at the New York Curb Exchange
Exchange
Daily. Weekly and Yearly
ttailroad
her
af
i O* 4%0
—
$330,000
a jm.*M
-
Foreign
Corporate
Shares)
Domestic
Saturday
471,175
$322,000
81,000
Monday
Tuesday
7,325,500
873,625
533 000
989.000
574,000
Holiday
536,000
b.o'ioooo
667,000
91,000
6 431.800
IMtMl
-
iMkSMk
Total
■
453.000
31,000
6,915,800 *
5,305.000
519.500
50,000
5,874,500
8,836,000
1,225,930
$29,836 100
——
$3,147,500
Week ended Nov. 9
m$
,5,000
1,477,180
497,000
725,000 i&i,
436,000
355,000
5,408,600
$2,362,000
$2,606,000
-
1945
3,928.310
1945
219,952,208
Stocks—No. of shares-
5,408,600
1,228,000
$4,980,000
791,000
Jan. 1 to Nov. 9
1945
1,167,822
1944,
.*
105,701,148
Bonds
U. 8. Government
•294 000
-—-
S58.000
3 147.500
Railroad & Industrial
$5,130,800
$2,362,000
Domestic
90,655,000
Total
Far
listed
on
the
a
30
November 3
November 5
90
Indus¬
DatS-
ft*|§r
_
Tvtal
10
€9
Indus'
Grads
Grade
Utili¬
trials
Rails
Rail*
ties
Bonds
108.31
106.88
108.40
106.92
First
188-S.i
■43 M
37 M
7002
105.79
114.47
98.95
189.Si'
43 a
37-50
71 M
105.79
114.51
99.00
192.CI
*1 .1
*
_
10
8econd
Holiday' /<'
Total
Chase
I-
37$4
72,00
105 93
114.55
99.25
108.49
107.05
1
HP*
71 07
ICS 96
114.54
99.06
108.41
•106.99
J
71.70
106.05
114.58
98.96
108.41
"•107.00
490
:
November 9
_
_
191.71
mm
42 $S
_i00
Guaranty Trust
-100
383
Irving Trust
Kings County Trust—
Lawyers Trust
20 Ma !
21%
—10
1, 890
100 1,850
46
49
25
Grace
National
123Ma
15
46Ma
48Ma
10
50MV
52 y4
Manufactures Trust Co com—320
51%
54 34
National City Bank
to Trust—10
2lM4
Bank to Trust_20
61 Ma
23M4
63%
Public Nat'l Bank to Trust__17% L*
Bank
Corn Exchange
Empire Tru«t
Fiduciary Trust
Morgan
SS
r[-^_:
112
117
35
37
(nrst Natioual/ Bank—.100 1,940
2,000
225
190
119Mz
Bank—
(>k
Rid
210
53
■
November 8
> •;
.100
136
Co
Continental
Trust—
51
Commercial National Bank &
Trust
*
••W.
Far
Pulton
.20 '
National
1,172,000
Banks & Trust Cos.
357/a
131
Chemical Bank to Trust—
4
478
9,008,000
$2,217,000 $147,847,000 8159,196,500
ma
337/a
29.977,000
1,014,000
10
—
Central Hanover Bank to Trust 20
40
Btocks
:
100
.....
Brooklyn Trust
It
November 6—
November 7
Rankers Trust-.
10
Has'
trial*
_
Back of the Manhattan Go—10
Bank of New York
—100
—Bonds—
10
11,000
$4,980,000
New York- City
d&8y eio&tof tversget oY representative stocks and bondn
the New York Stock t.xch*ns* as compiled by Dow, Jones & Co. ;
are
323,000
12,000
Foreign corporate
f36.442.500 $2,004,631,810 $2,289,127,200
$1,883,000 $116,756,000 $149,016,500
2,606.000
Foreign government-
Stock And Bond Averages
Below
59,273,669
Bonds
2,193,291,400
*
35.326.500
$33 277.€00
Total
$6,942,750
86,047,160
1,911,641,900
1.058,000
3SU*t 100
Foreign
1,115.000
.
6,000
$12,000
1944
/
•
V. ',
Week Ended Nov. 9
1944
315,812,478
$324,000
1.522,000
1,360,6.90
Total
Total
$1,000
Wednesday.^
Thursday
Jan. 1 to Nov. 9
1944
6.756 957
Btocks—No. of shares
$33,277,600
$294,000
;
r
'
Friday
Thursday
'M'X'i''-'
Foreign
Government
0/
$4,325,800
21,500
Bonds (Par Value)
(Number
Holiday
- —
—
$100,500
1.178.000
«. 126.000
%
Tuesday
Wednesday
Sales
Week Ended Nov. 9, 1945
$3 895,300
—«•..
Monday
Bond
Bonds
Stocks
Total
Government
Bonds
Bonds
Week Ended Nov. 9, J '45
Saturday
United States
Foreign
cad MisceL
f
Dec
53% July'
22%
44Ma Oct
30
Dec
66 %
Feb
22% Jan 30
100
\
9
2
Jan
Dec
21
8
;
Dec
6M4 July j
16 Va July
Dec:
41
Oct 22
23 *
13% Jan
293/4
65
15
35
15
128
Oct
36
16% Mar 26
Tals to Tswne Mfg. Co
r Cash
37*%
Apr
18
37% May 17
50% May 17
39% Nov
9
2
•
5
Nov
56
6% Mar 26
York Corp
4.600
25 Vi
a
Dec
1183/4
57% July 10
Jun 27
July 26
63 Ma
26
tin rscelverahlp.
1
34 %
64%
25 %
prie ^; to MM m tW» dsjr.
Dec
103
Apr
14 Ma Jun
9 i:
Zonite Products Corp.
63%
25%
asked
113
Apr
24
Zenith Radio Corp—
64 %
25%
and
Feb
^92
8% Jan
3
83% Jan 15
30
Dec :
85 Ma
37% Jun
22
2,700
64 %
23%
•Bid
87 Mi Jan
21% Jan
26% Jan
.
14.100
63%
25%
Dec t
Dec
96 Ma
19
20
63%
25 '
1023/4
113 3/4
24
5.300
64 V4
"
J*tt
IB
1
Young Spring to Wire
No par
Youngstown Sheet & Tube„No par
Youngstown Steel Door
No par
64
Jan
28
15
52
31
Conv series—100
WrJsrlsv
83
Jun
85 Ma
16
36% Nov 7
;
3
Oct
64
10
Wright Aeronautical
*Wm> Jr /Del)
Wyandotte Worsted Co
330
82
11
25 Me
y
28
;
2
31% Jan
.10
Prior pfd 4 Mi ft
Feb
35% Nov
101% Aug 21 f
Worthmgton P & M (Del) ...No par
Prior pfd 4 Mi ft series
.100
99
*97
Jan
Jan
2:
Sep
2
97% Jan
;
22 Ma
77
18%
8
113
2
27"% Feb
Dec
103/b July ?
Apr
13
100 '
-
Dec
31%
'•
Jan
118 Ma Oct
M
10
lOMaJan
pfd
Sep
22 Ma
Jan
0%
110
r
37% May 12
30% July 26
-
1
2.900
68 Mi
99
89%
25%
107
Jan
23
July 1
118
/
8
No par
Woolworth (F W) Co—
27%
40
26
Jan
110
:
Jun
14
89 Ma Nov
8
10 Ma
"M;15% Apr
9
34 % Nov
34 Me Jun
No par
Woodward Iron Co
500
27%
s
Jan
V
Sep 20
2
3
9,300
Va/
20 «/a
20
40 Ma
15% Nov
27% July 18
31% Aug
7
par
—
...
Wisconsin El Pow Co 6ft
99 34
99%
*80%
94
48 Mi
Motors.
$6 preferred.
Wilson-Jones Co
— —
*35%
69
69
*98
83%
94
85
45
70
100
<90%
36Mi
-
*80%
94
23%
09
"99
00
100
102 %
80
*134
*35 Ma
49%
"92
*2C
—
x48Ma
37
101
99
—
1
IVa Jan
r-
.
20
Wilson to Co Inc..
100Mb
20%
28% Nov
3
4% Jan 22
1
No
-
18
20 Ma
1
Co
101
35
too-a
Oil
20%
48%
64 %
Wilcox
=>
JO
21 Ma
:
Mar 26
•
13% "Feb
NO par
20
Dorp
preferred.
preferred
conv
Prior
17%
100%
34 %
M4
$4
18%
48%
48
*33
35
48
10%
Aug
32% Jan
par
;
21%
101
4814
"33
*99
10
14
prior prer
conv
White Dental Mfg (The S 6)
10
35
14%
No Par
Wheeling Steel Corp._.__..Sio
2.100
*87%
14 Ma
12.50
White Motor Co..
26%
30%
25
17M4 Mar 27
$3.75 preferred
...No par
Wheeling ■& Lake Erie Ry
100
5 Mi ft conv preferred
..100
380
"34%
14%
Instrument
42 Ma
104%
Apr
106
12'/a
Elec
101 Ma
101 %
38%
38%
Preferred
102 Ma
*70%
75
Dec
22 Ma
109% Jan
No par
Weston
44%
27
101
.
102%
104%
43%
"26 %
27
36%
38%
*
104 %
43 %
"26%
70%
74
05%
*104%
43 Ma
44
:<ii
105%
43%
"105
Class B.
34
X37M4
37
102%
36 M»
101
Westinghouse Electric Corp—...50
'36
15
Feb
113% Sep
7
22% Mar 21
Westlnghouse Air Brake_._.JV6 par
35%
*101 %
Apr
22 Ma
43% Aug 21
26 Va Jan
6
34%
383/4
11 Ma
8
30Mi Jan
64% Jan
*31%
*31 Va
8
Western Union Teleg class A -No par
34
34
Nov
24
27MaSep 22
31 Ma Nov
7'
2.An 0
35%
32 M2
22
42% Nov
100 Ma Jan
1
34%
Nov
1
24
No par
..100
33%
*30 3 4
X20
Nov
...
■
Jan
96
Western Pacific RR Co com__JVo par
Preferred series A
....100
3,800
17M4
9
'' Mar 26
16,700
52%
Nov
7
84 Mi Apr 12
23% Mar 26
-
Supply Co
—;._10
Western' Maryland Ry
100
4ft non-cum 2nd preferred.—.100
2.000
68
9
9 < May 10
1
Inc
Feb
20% Feb
30% Jan
Western Auto
Air
48
13% Nov
20
Nn par
Corp
Dec
1083/4 Nov
14% Nov
5
-
2.000
11.800
27%
9
Ll
>
3.100
1
90
51%
10%
Indies
par
_
West va .Puip & Pap Co.
6 ft
preferred—i
1.700
113
,
Nov
2
9
14% Aug 21
24 Va Jan
2
-
6ft preferred
...100
West Penn Power 4% ft pfd..:.,. 100
190
120
,
Gas Lt Co„___No
*105
2
29 Mi Apr
No par
5
Dec
31 %
15
13
5
Pipe-i.
Corp
Dec
14%
Apr
91% Oct
West Penn Electric class A—Wd par
7ft preferred...
__100
140
51%
10%
West
240
no
117M»
to
Petroleum
68
Jan
8% Oct
-
__100
__
Pictures
$4 conv preferred
100
118
109 Mi
.
12,300
.
preferred
Wesson Oil & Snowdrift
3.500
,
109
*117
35%
113
.
33 Ma
116 Ma
-
21.500
89
109
117%
35 %
115
34%
34 %
'117
34%
34
•
%%
Jan
10%
26 Va
Sep
8% Jan
__1
21
5
19
Oct
110M2 Sep 28
92% Nov
7
Aug 21
61 Mi Mar 27
No par
40
8
17
18% Oct
41
No par
new
95%
Warner Bros
10
24
105
w
No par
Div redeem preferred
Walworth Co....L^.
21.000
.
13 Ma Jan
30 Ma Jan
New
York
Sterling
Title
(J P) & Co Inc.—..100
12%
Trust
25
United States Trust
63%
298
12
65 V*
-
305
49 M4
51%
109 Ma
113 Ma
53%
55%
83
National——.
Guarantee to Trust
391
20M4
100 1,720
86
21M4
1, ,780
■"
r«r
■'f'SV
.J
*
«»
WEEKLY
FRIDAY
-i
KOTirE—Prices
"and
ere
wbSk outside
the
italic
The
YEARLY
-
s?
■'c.t
Cash and deferred daBrery sales are disregarded to the tetfl range, tmlsssthsy are the on»
shown in a footnote to the week to which they occur. Ho account is taken of such sales to computing the range tor the
leaded "Interest Period" Indicate to each case the month whan the *mds matureand defaulted bonds.
interest"—except tot Income
of the Mgular weekly range are
letters to the column
range
:.v
■
for
week
ending November »
t
Interest
Period
°* 8.
OirernaeBt
«J
—————1949-1952
,
kub-umb
3V$s.
Treasury 3V»s
Treasury 34
Treasury 38—
27/«8
—1955-1960
2%s
1948-1951
2%s
—1951-1954
23/«s
—1956-1959
2%s——
1958-1963
2%s
I
1960-1968
2'As
1943
2Vas
-—--1948
2 Vis
2%S
1950-1952
2Vis
—
—
1952-1954
2Vis
—
—1956-1958
2%s
,
1962-1967
2 Vis
J£63-1968
2 Vis
June 1964-1969
2 Vis
Dec. 1964-1969
2Vis
—1965-1970
? Vis
1966-1971
2Vis
June 1967-1972
2 Vis
Sept 1967-1972
2 Vis
1951~*953
2 Vis
1952-1955
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
106.18
1954-1958
Treasury
2 Vis
Treasury
1956-1959
1959-1962
1947
2s..——
—Mar 1948-1950
2s— ——Dec 1948-1950
2s
Jun 1949-1951
J-D
*101.15
101.17
*108.21
*101.13
101.15
*110.25
110.30
111.4
113.25
113.25
112.17
*104.12
104.14
109.2
109.2
109.2
J-D
108.27
113.20
113.20
J-D
*114.11
114.13
112.21
*115.23
115.25
113.2
3-D
*100.6
m-s
*104.17
J-D
*106.6
106.8
106.6
m-s
*107.4
107.6
106.28
106.13
*106.11
m-s
107.1
_
101.30
3
100.17
J-D
101.31
101.30
101.31
M-S
101.27
101.21
101.27
4
101.18
101.18
5
101.6
105.28
101.4
__
J-D
*105
J-D
102.3
103.15
104.24
No.
*102.31
103.1
103.2
10L29
No.
(City)
m-s
*103.8
103.10
3-D
*103.20
June 15 1952-1954
Dec 15 1952-1954
1953-1955
June 15 1948
J-D
el03.15
103.25
12
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103.23
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1
.
100.17
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_
3-D
101.10
101.9
101.13
101.13
Transit Unification
J-D
llVfo;
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112%
92
M-S
91%
.1984
J-J
110%
110% 110%
3
.1960
A-0
108%
108
108%
7
109%
111%
.1961
J-J
104%
104 Va 104 %
21
106%
108%
.1967
J-J
102%
106%
3%
external
Canada
t t bonds
a
(Dom of)
30-yr 4s
3V4S3s
3s—
30-year
30-year
.1968
Jan
15
1948
Jan
15
1953
Jan
15
3s
Chile
sinking fund
6s
A 6s
102%
106%
1
101%
102%
103% 103%
6
103%
105%
j.
103%
105%
101% 102
103%
*39
65
1958
J-J
J-J
?
21%
21%
1
M-N
20%
20%
21%
48
18%
M-N
21%
21%
21%
5
17%
22
.1960
A-O
20%
21%
49
18%
22
A-O
17%
22%
Peb
assented
J-J
—Jan 1961
sinking fund 6s
--
21
A-0
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M-N
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.1957
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.1957
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.1961
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.1962
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A6%s assented
122
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of
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A 6s
of
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external
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f $ bonds
s
.1970
Mtge Bank 6%s
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Z. .1947
.1946
—1952
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1947
f-A
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1948
A-O
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1968
4s
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j
A External s f 7s series B
.1945
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8
f 7s series C
.1945
f 7s series D
.1943
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s
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A
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s
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debt
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1941
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S
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«
J-D
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30
33
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30
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43
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-
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101
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4
98
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90
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<
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98
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.33
90%
99
,
107%
41
99%
(Commonw'lth) 5s of '25. 1955
5s
of
1927
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IOV/2
m-n
107
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*
external
kielglum
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.1949
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1940
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series
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1969
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6
104
101% 101%
100;
16
95%
^
-1967
—1949
1949
unstamped-
7s
107%
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A7s
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103
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paid..
.1988
—
106
'
1952
>
A Jugoslavia
105%
110% V
.1941
J-D
—
70%
70%
J-D
-1957
A-0
,
.
59%
70%
53
*61%-66
,-89.%
.1979
A-O
.1957
69%
r
/
57%
J-D
;
—1978
J-D
reduced to 3.375%)— -1979
1944 (Plan b)—
Series No. 1
Series
No.
57%
71%
Series
No.
Series
No.
5
Series
No.
6
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7-.
s%s
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8—_
3% 8
Series
No.
9
3%s
Series
No.
10
3%s
Series
No.
11
2%s
Series
No.
12
For
Series
No.
footnotes
see
71%
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73%
68
54
62
52
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f
99
101
77
97
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;
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—
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—
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--
——
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7
65
100
102
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H
60
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——
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--
101%
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\
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—
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(Colombia)
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16
—1954
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35
16%
132
100% 101
95
—
*
14%
25
82%
103
12%
27
31
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30
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.
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i
' V
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1
20
31
—
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95
*102
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—
94
A
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to NOV.
5.
1«43
1942,
agree
52
68%
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63%
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52
65%
10
63%
4
*
12 %
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^
\
;
|.
|
// 100%
12%
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I
io y4
11%;
j
For Financial Institutions
80
74%
*731
74%
.74%
67%
53
75%
.-51%
75 %
74%
1:
52
76
63%
64
6,
52%
68%
*60%
65
51%
66%
51%
66
51%
68
.
*60%
63%
64%
12
rVABL MABKS & no-n»q
FOREIGN SECUHITIES SPECIALISTS
75%
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„
FIRM TRADING MARKETS
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52
SEG URITIES
68
52
52 ■jjft 68%
60
72
64%
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,
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17
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"""
14
page
63%
~~"
3%s Series No. 13
3%s
96%
*101%
..
81%
t
71%
*63
63%
4
3%s
2
A-O
FOREIGN
—
3%s
23
*
66
♦63
3
]
52
61%
A-O
2
No.
98%
■
62
*61%
External $ bonds of
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69% .i
71%
69%
69
6% funding bends of 1931
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J%s
115
I
62
62
•T
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?
52 v66
61 Ya
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.1979
.1952
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3%s
73%
v.
';r. 8tamped
.
115 Va
Mexican
.1978
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(int
96%
.
A-O
1960
Irish Free State extl s t 5s
103
-
J-D
part
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(City) ext 6%s
Helsingfors
100%
*
160 Va
72
100% 100%
97%
•
T,|lujut
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reduced to 3.5%)
115
2
98%
154
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.1964
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*102y« J03
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J-J
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*106
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112%
4
&
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74
98%
Greek Government—
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pursuant to Plan A
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893/s
413/4
110
159% 159%
M-S
J-J
•
94
70
31%
108
5
*111
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.1953
'
72%
__
110% 110%
—
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1940
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.1953
'
'
50
2
89"%
*108%
—
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50
42
'
1942
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s
v
"89%
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8
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41%
T
—
—
M-S
—1955
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.1A Brazil
50
*49
*49
--
•
J-J
1957
41%
5
French Republic 7s stamped
101%
F-A
1972
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1
36
—1942
6lnk fund
series
AEstonla
103
1972
Australia
50
'
.28
.
101 Va
58%
50
A-O
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30%
98% 100
M-N
48%
87
IA Dominican Rep Cust Ad 5%s
34
''
A-0
81
52
35
—1952
5%s.
1
8 f extLconv loan 4s Apr
r
gold
37
8 f extl. conv loan 4s Feb—.
%
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30%
30%
81
69
58%
A-O
38
38
68%
195/8
57%
86%
ser A.1951
ASinking fund 8s series B
IA Denmark 20-year extl 6s
37%
37%
39%
—
*80%
J-D
5%s
90
34
193/4
26
--
35
—1945
wks
74%
35
..
16%
*80%
57%
J-D
*30%
A-O
1958
6
„
20
—
--
J-J
35
'uf 12
30 %
87
—1953
37
.1957
f 7s 3rd series-. .1957
37
21%
30%
35
—1977
79
—
30%
17%
M-N
—1949
62%
—
21
1
M-N
A Public
74%
21
17%
19%
—1949
—
ACzechoslovakia
'
.1957
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—
„
37
37
*36%
61
2
74%
92
36%
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s
37
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—
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A External
.
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'
—1951
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21
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86
20
'
20
17%
—1953
7s_
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external
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18
_
19%
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21 y4
'
F- A
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A
l
18
21
18
20
19%
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1-1693
19
17%
i
21
*20
A-O
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Teletype
18
•
20
20
A-O
A Colombia
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22
25
20
__
J-D
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193/4
17%
—
-
22%
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3s
22
18%
—
20
M-S
5s
21V*
—
19%'
20
M-S
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(Hukuang Ry)
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21
20%
20
— —
M-N
.1960
215/s
20%
*18
M-N
.1902
7s
20%
A-O
.1962
;
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22%
18%
17%
—
*19%
20%
>
A-O
.1961
.1960
assented
20%
J-D
.1961
...
17%
7
1
A-0
.1961
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assented
1
21
21%
21%
20%
18%
17%
21%
20%
M-S
223/8
22%
21
21%
.1962
sinking fund 6s~
18%
6
21
J-J
213/4
15
21
AExternal sinking fund 8s
a 6s assented
assented
2
70
17%
M-S
assented
36
*22
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a 6s
_
21
20%
F- A
1961
——
F- A
1961
Jan
s f es
1961
Peb
assented
AExtl
50
103% 103%
.1942
f 7s
sinking fund 6s_
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76
.1960
a
A6s assented
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97%
63
.1954
8s
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83
.1942
(City)
(Rep)
46
95
94
*10318
102
J-J
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•
««
*72%
__
J-J
3s
a
94%
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2%s
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A
95
M-N
AChlnese
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94%
80%
.1975
f 4%.-4%s
s
A7s assented-.
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94%
80%
A-O
a 6s
Agricultural Mtg6 Bank
95
80%
F-A
AGuaranteed sink fund 6s
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95
3
91%
*91%
7
93 %
92
.1976
A Chilean
Broadway, New York
103%
—
67
.1976
a 6s
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102%
.1977
f 4%-4%s
s
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120
95%
100%
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A Guaranteed
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101%
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97%
1
101% 101%
——
66
External
101.14
41
1163/4 117 Vi
.68
Refunding s f 4%-4%s
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.1980
53
52%
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— ——
stamped
A 6s
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3%
51%
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101.23
100.26
20
68
*60%
——
1957
65%
51%
69
*60%
— —
.1961
City
New York
67
67
64
—
*ioiy4102"%
•
v
68
52
*101%
106.12
101.22
;
67%
68
'51%
2
63%
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103.23
*101.20
\
66%
t
51%
.
63%
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1950
IVis
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J-D
j
51%
*60%
_
J-D
103.25
100.13
>
s
51%
11
1958
a 6s
103.1
106.12
64
.1950
103.14
103.22
5
63%
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Buenos Aires
AExtl
100.25
103.1
63%
63%
—
f 5s
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103
102.10
103.14
103.14
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,
♦66
52
•
„
66
j
68
51%
5
66
67
51%
51%
——
63%
63%
:
'
—
$
103.9
„
1
—J, *'■
*60 %
——
30
103~4
100.25
m-s
63%
29
Series
Brisbane
102.20 102.27
102.5
103.5
1%S
Series
3%s
104.24
102.29
*102.3
*103.3
Treasury
3%s
102.9
*103.13
*102.27
63%
28
103.28
J-D
*103
2s
2s
No.
104.27
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m-s
M-S
Treasury
Series
100.15 101.12
102.26
63%
*60%
67%
67% :
59
3
__
27
108.19
J-D
Treasury 2s
No.
25-year
2s
Dec 1949-1951
2s——
March 1950-1952
2s
Sept 1950-1952
2s ———1951-1953
2s
1951-1955
Treasury
Series
3%s
107.26
100.27
High)
51%
~2
63%
26
105.2
*108.17
J-D
107.3
63%
63%
25
No.
105.28
106.29
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1
i.
is
51%
63%
— M
24
No.
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100.20 101.24
194
100.25
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-m
23
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102.3
100.18
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64
—M.
22
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3%s
100.10 102.2
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3%s Series No.
102.7
M-S
Series
3%s
,
100.18 102.17
2
Low
!
■
Range Since |
January 1 * •
Bonds
Sold
Friday's
Bid St Asked
V iv.Vvf:''
'
102.9
100.15
.*103.2
„
102.19
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103.4
108.12
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_
„
—
—
'
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108.12
100.28
*102.11
■108.12
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*102.17
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21
107.15
al01.29
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6
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20
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pea
105.24
10
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No.
Series
107.25
105.19
104.27
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Series
3%s
104.19
100.27
Sep 1949-1951
19
3%s
104.27
2s
No.
100.8
100.23
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Series
115.1
J-D
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No.
3%s
113.30
J-D
m-s
m-s
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Series
17—
18
110.15
;
or
*60%
16—
112.10 113.7
2 Vis
Treasury
No.
buries No.
3%s
105.14 106.11
Series
5%s
114
M-S
3%s
103"l9
103.19
Sale Price
15—
111.27
m-s
Series No.
108.23
J-D
3-/4S
102.4 ; 103.20
J-D
.
High
3%s
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101.19
2 Vis
Treasury 2s
Treasury
103.27
101.5
Last
-
Range
(Continued)
External
109.24
»101.3
-
Period
(Continued)
$ bonds
Brazil
Sigh-
m-s
Treasury .3%s—
Treasury
Interest
.Hew York Stock Exchange
•
January 1
tow
-
10
106.18
106.18
106.18
AO
Mmm ge Since
Sold
No.
Low
High
£
Bonds
Last
I,.
1947-1981
1948-1988
1946-1949
4%s
Treasury
Week's Range
or Friday'sSale Price
Bid St Asked
Friday
-Z/
Week's
Friday
BOND S
(
f
BON D 8
■
Monday, November 12, 1945
CHRONICLE
THE COMMERCIAL & FINANCIAL
2288
■'
-:%fv;c *v;
♦ "V' f * f1 ■>
50 Broad $L, New^York 4# N* Y.
Telephone HAnover 2-0050
•/
Teletype N. Y. 1-971
,
Volume 162.
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4437;
2289
NEW YORK BOND RECORD
RANGE" FOR
■
BONDS
Nnr Tork
Stock
Interest
Exehun
Period
•
;
•
-Friday*; Week's lUinge^^/^i'iHf
•
Friday's .; Bonds
Sale Price
A
(Ub>
exu
£
1899
ox
os>
1943
A Assenting 5s of 1899....
A Assented
to Nov. 5, 1942,
AAssentlng 4s ol 1904
!
A Assented
to
Nov.
AAssentlng 4s ol
A Assented
t
Range Since
Sold
Low ■"
High
"
9
'
-
1
January 1
No.
NOVEMBER
Low. High
A Assented
Minus
to
1942,
1942,
agree
1913 assent
Nov.
1942,
5,
ASec external
18
13
11
7-3:
13%
9%
16»
*22%
*17%
17%
22%
__
18%
12%
'
—
22%
195t
m-a
•43%
Stamped pursuant to Plan A
(Int reduced to 2.125% )___2006
Member«
,•; 61;
38%
|||
PFLUGFELDER, BAMPT0N & RUST
New
York Siock
Exchange
■
'.rr'A
a.
--
:
1 6Vis
s
-
10%
•18
agreo
*
,
16
12%
*13 Vi
.1933
21
—
•10%
J-j
1943
18%
__
12%
agreo
5.
i8tate>-r-
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j -D
Railroad Reorganization Securities
„
•16%
•18%
1954
5,
Nov.
•18%
Q-J
Q.J
1945
agree
1910
to
f A Treasury 6s ol
{
;
ENDING
Mexico—(Continued)—
Mexico
■1
Bid & Asked
;
•
'
WEEK
47%
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New York! 6,\"V:-::
v
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'
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s
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i
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;
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t
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series
!■}
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i
i i
37
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125
_1958
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._.1956
m-a
103
.1969
4Vis
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102% 102%
4 %s__
102%
102
102%
102;
j*
5
Inan
Municipal Bank extl
l;
Oslo
'»
•
•»
IQftX
£ 5s
s
F-A
1970
14
102 ? ; 102%
97
14
'103
;
A-O
1963
..1994
:
ref 3Vit series B—
M-N
APernambueo (State of) 7s.——.1947
'I Stamped pursuant to Plan A
-(Int-reduced
•
to
2.125% )—.2008
APefu. (Rep on external 7s——
ANat loan extl s t 6s lst 3er
*
i
!
.ANat Loan extl
>.
jAPoland
<
gold
loan
—
A4
:■
47
52
19%
1,171
18%
27
25%
27%
452
18%
■■
109
St Ohio
M-N
107%
68
104%
109%
109 V* 110
107%
J-D
109%
JrJ
•
45
J-J
:iosq.....1953
104%
107% 107%
22
96%
110
43
-50
♦104% 106
'M-S
357/s
M-5
45
>
8
46
-,
36%
103% 103 Vi
3
-
46%
102
105Va
7
>•"
34%
1st mtge gold
A-O
♦13%
22%
16
30%
8tamped modified bonds—
J-J
•24%
30
25
J-J
*18%
22%
J-D
*47
4s._______July 1948
39
1st
14%
30%
±
44%
50%
Ref St gen ser A
v
gold
mtge
(int
1
A-O
104% 105 Va
105
-H' ?'
4%
at
Oct 1 1946) due.
Dec
to
A-O
July 1948
(int at 1%
J-D
86%
86
J-D
93 ;
92
M-S
85%
M-S
85%."
F-A
1951
M-N
due
1950
J-J
100 %
Toledo Cin Div ref 4s A
—1959
J-J
100 %
1951
J-J
1951
J-J
41
47
49%
37%
42
Sep 1 1946)
71%
~1
47
44%
M-N
84%
*79
1947.
F-A
103% 104
1946
A-O
•47
—
85
to Dec
1
1946)
due
1998
—
A Conv
A-O
1953
F-A
41
88%
75%
93%
66%
88
173
66%1
88
290
93%
r
55
75
107%
46
V
.
Feb 11960
8'west Dlv 1st M
41
37
due
Pgh L E & W Va System—
Ref gold 4s extended to
50
Stamped pursuant to Plan A
2001
(int at If* to
due
—2000
(int at 1% to •>
Sep 1 1946) due
1996
104%
42 Vi
—
66%
137
•
Ref & gen ser F
101%
3
52%
99%
294
222"
88
Ref St gen ser D
J-J
98%; 106%
32
'""f
104% 105%
104%
«
85
•
to
1946)
41
__
47
!
1
due
—1998
Ref St gen ser C (Int at 1%%
A
(Int reduced to 2.375%)
34%
16
35%
.
103%
RR—
32
8s
110%
"
B
Baltimore
27%
32%
———1966
(City of»
J-D
25 %
25%
—
32%
Queensland (State) extl 6s
Janeiro
J-D
1946
27%
•4%
*
14%
2006
124
110%. 111%
'* :-r J
-1M1
—i.—
?ilo%<iioy8::
27%
A-O
116Vi
,
:0no% m:\
30%
27%
.1950
1963
sink fund gold 8s
Stamped pursuant to Plan
(Int reduced to 2.25% )
de
Second mortgagee a*--.-.,....
Atlantic Refining deb 3s
38%
30%
'
119% 120
J-D
1st cons 4s—-July 1952
General unified 4%s A^.—....1964
Atlantic At Danville Ry lst 4s
1948
,47%
28%
:
133%
"115% 123
*118
M-N
^^Charlotte ? Air Line; Ry— 4
1st mortgage :3%s^^—«.^>..u!963'
23' ~
APrague (City ol Greater) 7Vis—1952
ario
38%
25%
Stamped pursuant to Plan A
(Int reduced to 2.375% )_——2001
1.
'
:
29 Vi
1968
AExternal loan 7Vis
::
,.
,105% 105%
48
High
:'-e-
7
127%
31
J-D
Atlantic Coast
100'
.
27
A-O
■
;
January 1
y Low
fu'-'j !l'l ' ■! v.;
•; '
129%. 130%
130%
Nov
—i960
Atl Knox & Nor 1st gold. 5s_.:
98%
MS
f 7s.„_*..1947
Alegre (City of) •*«*-
a Porto
f1
95
•45
A-O
A4Vis assented-.
n
95
Range Since
Sold
No.
Atlahjsa:?
"98%
-2-
99%
•105%
A-O
Vis assented-™
AExiernal
•
Btamped'
Bonde-
■>,
Low
'
A-O
1995
.1995
4s
Conrgoid; 4h of l9ia>
99%
98%
MS
1958
s
88
gold
-_199»
Friday's
or
Bid & Asked
High
J-'.'
Conv gold 4s of 1909m.^.jm..*.1955
Cdnv 4s Of 1905_-i.
____>__il955
:j88%il01%,
■
3-D
6s„—1940
A4V»s assented—.
.;
A Stabilization
i
f 6s 2d ser_—1961
s
of)
(Rep
1959
.I960
I
*98%
M-a
*
103'A
♦95%
J-D
h
103%
98% 103'A
-
...
Adjustment
^ 103%
98%
2
99%
100
•95 P
m-s
sec
99%
"100
100
M-N
.1967
•.
Atchison Topeka St Banta Fe—
General 4s
"
2*
Last
Sale Price
'•<
100 Vi
4
102% 102%
102%
J-D
—1955
tReprextl a 16t *er~A-i9tij
A Stamped assented 5s
Stamp mod 3%s ext to.
Ext
?
.
sink fund 4Vis
(City)
APanama
*
.
Week's Range
Interest
130
.•97% "103
'
Friday
•
Period
,41,
V 125
•
118
'
»»t,t
4«B(nlrfnrxS
,
'BONDS
Now York Stock Exchange
'
43
J-D
F-A
.—:
fund
sink
•
t-1957
(Kingdom of)
External
-_
(State)—
t'5s
s,
*43%
.1959
;
External ai 5s
ii
M-S
35%: 40 ■
38% ,47%
42
_1952
7s
.
Wales
South
*__
84%
87%'
72%
84%
72 Vi
87%
73%
99%
99% 100%
'
?
.
'
?
•:'
81
94%
99% 100 7/a
75
100 Va 101 %
27
86% iooy»
91
101%
.
100%
(int at 3%%
•
AExternal
'
6Vis
sec
pursuant to Plan A
(Int reduced to 2% )
2012
43%
"5
45
Rio Grande do Sul
40
A-O
53
45%
external sink fund gold
1968
J-D
*42
J-D
P
40
M-N
*45
to
external loan of 1926.
reduced
(Int
A7s
to
pursuant
Stamped
municipal
1968
■
—
A-O
45%
Bell Telephone of Pa 5s series
Beneficial Indus Loan 2%s
C—1960
A-O
1950
J-D
42%
1956
A-O
'
39%
--
2004
——1967
2%s
Bethlehem
49%
36
7-b
*45
51
39%
—
reduced
40%
2004
1964
1952
8s
to
A6Vis extl secured s
M-a
94%
48%
M-N
f
1957
50%
41
42
ext)
37%
dollar
45%
*38
37
J-3
*58%
J-J
*52%
43%
J-J
J-J
*52%
M-S
Stamped pursuant to Plan A
(Int reduced to 3.5%)
~2
60%
60%
1999
*50%
5s
series
—
2004
J-J
ASilesIa
(Prov of)
J-J
*52
2012
J-J
A-O
1978
A-O
-1958
1958
extl 7s
a4Vis assented
56%
75 Vi.
*15%
54
18
J-D
*21
J-D
..
-
M-N
M-N
*18
F-A
F-A
25
mm-*-'*
'
82
106%
1969
M-S
106 % 106%
1
105%
107 %
1981
F-A
107"% 108%
54
107%
111%
1967
J-D
107%
F-A
v
of
5v-
1978
1984
1958
1958
3Vis extl readjustment
external 7s
(City)
A Warsaw
88
A4Vis assented
J-D
F-A
i
J-J
M-N
79
89
49
J-J
17%
26%
Guaranteed gold 5s
Guaranteed gold 4%s
100
American
i
110
89
88
17
I
3s
conv
2%s
—1958
—1980
debentures.
——
72
?'
...
17%
Amer
3s
:
Tobacco
104%
*107
...
102
1
109
.100
102%
•100
100
102
100
102%
114% 114%
/
1
99 •■!$
2
109
106% 108
79
94
J-D
105 A
105 h
59
105
M-S
153
146% 155
267
116
4%s
1949
1965
M-S
1981
100
F-A
101%
A-O
104%
104% 104%.
A-O
104%
104%' 104"%
M-N
108
;
,
-
.
Clinch St Ohio 4s„
gtd gold 4s
32
101%
100% 105%
110% 115%
71
<
90%
94
102-
92
99
->■
.'J7
99
u r;
cum : income.. debs:
-—1964
V^YStUbordinghtdfc ;d,ue.^i.r".w-,-1975
2292.
gen
M-N
-106.%
92
?
106% 106%
:
1
106% 107.
32
:
89
'
-
33
101% 103
103
M-N
20 Vi
75
20%
i!
19%
20%
162
73%
74%
A-O
'
A-O
20%
*__
101% 101%
47%
46%
48%
236
.45 %
43%
46
253
40%
40%
42
42
3
104% 105 %
F-A
107%
107% 107%:
105% 105%
:f-a
107%*
Ref &
;
to Aug 1
gold>4%s—
—
impt mtge 3 %■ D
Ref St impt M
3Vis series E__.
l;
R & A Div 1st cons
fe\:. 2d consol gold 4s;
s
■;
52%
34%
48%
35%.
44
'103%
78
General
'
gold 4s—.
f A Chicago & Alton RR ret 38—
.1992
!
103
96%
"92
85
_
106%
102%
*
103
103%
102 Vi
49%
•
J-J
106%
109
106
*109
M-N
103
*
-
,
M-S
._1990
F-A
■,
■
..1946
J-J
.-1989
J-J
105%
.
J-J
—1989
*;'
: 6
139% 139%
5
105% 105 Vi
M-N
._1996
.1949
55
36
;
13
105%
^
103%
1
J-J
F-A
:
109%
38
101%
J-J
,——1987?
5s
i
29% t 48
96
A-O
gold
28
28
106%
1
J-J
Chesapeake St Ohio Ry—'
.
14%
13%
63V4 ; 87
24
1960
(4%%
105%
'
"
:i;
108%
-
86% 106%
53 %•" 84
82 ;
> 40%
♦108
J-J
—.-1987
—
j 73 .:: J 91
#
•74Vs
A-O
92
103% 104%
■
J-D
§hCentral RR £
104% 107%
102%
.88%
110%
Lv78
47
103% 104%
104%
F-A
5 Vis series B
registered
121%
120%
106%
12
87%
J-D
Nov 1945
4s
105 V*
107%
s-
mtge 5s—
1st & ref series A
^
'
!lst mtge .3 Vis aeries E
102%
106% 107
106%
A-O
1948
U P 1st gold 4s
Potts Creek Br 1st 4s_
tf-$:
7
*102
97
—1965
Corp 3s debs
Guaranteed
'
,,
i
'
•90
109%
32
83
...
*113% 116.
Q-J
106'/s
1949)
1974
Banking 5s stmp_1942
Champion Paper tt Fibre deb 3s—1965
102%
Jan
;;
107%
96%
of deposit—
Branch
A 4s
101%
157
——198*
3s
102% 102%
J-J
1033*2
.Central N Y Power 3s———1974
Central Pacific 1st ref gtd gold 4s_1949
155
269
105^
—a—.....,.1969
page
102%
trust
;
7
36
106%'
99
108
101% 102%
see
M-S
AGeneral
116%
89%
M-S
1975
For footnotes
—-I960
Collateral
1945
1959
—1959
AChatt Div pur money gold 4s—1951
A Mobile Div 1st gold 5s
—1946
Central Illinois Light 3%s
—--1968
t A Cent New Eng 1st gtd 4s
—1961
t A Central of N J gen gold 5s
1987
i
A5s registered ——
—1987
106%
*100%
1967
1995
4Vis
106
ARef & gen 5s series C—
103%
107
102
101% 101%
Jill)—
106%
ARef &
104%
102
104%
16
102%
Anglo-Chilean Nitrate deb
Arbor 1st gold 4s
Co
103 3*2
A Cent
105%
A-O
A
Artnour &
J-D
F-A
Celanese
110
103
—
102
*100% 105%
101%
i Ann
4
115
tCentral of Georgia Ry—
A-O
Am Wat Wks St Elec 6s series A
'■(
102
96%
1
F-A
deb
112%
114
F
20%
10
A-O
Co
debentures
1
Certificates
27
13
——*—1975
debentures
T | '2% debentures
I
*104%
>
121%
120 Va
9
Cart St Adir 1st
99
118 ;i;.
116%
114%
103 3*2 1033*2
f|ACarolina Central 1st gtd 4s
Telephone & Telegraph Co.—
||3\i8^:debentures^Ma^^^M.#«196d
7
118% ii8%;.
Carolina
20
A-O
120% 120%
120%
116;
9
114%
87%
F-A
.1998
.-2030
116% 116%"
121%
115% 117%
12
r
81%
10-year deb 4Vis stamped—-—1940
Great Southern 3%s
1967
Alleghany St West 1st gtd 4s—
Am & Foreign Pow deb 5s
115% 116% "
118%
91%
♦14%
A-O
119% 120%
116%
J-J
118%
116%
8
120%
J-J
J-D
108%
107%
,i.#; 112
118
118
J-J
1957
Oct 1969
1970
1955
106%
103%
10
"
F-A
78%
J-D
Albany & Susquehanna RR 3Vis—1946
i
Gen mtge 4Vis—
1975
108
1956
1951
Canadian Northern Ry deb 6%s—1946
Can Pac Ry 4% deb stk perpetual
70
*16
J-J
108
98%
104
gold 4Vis
6
F-A
A-O
97 y»
gSld 4%s
5
*
1972
7
103%
♦105% 106
A-O
lAConsol gold 5s
3Vis
83%
104%
Guaranteed
103%
4
104% 104%
mtge
13
103
51
49%
101%
115%
81%
109% 110
Albany Perfor Wrap Pap 6s—
1948
s
6s with warrants assented——1948
31
,4
A-O
84%
J-D
1st
gold 5s
91 %
M-S
Power
National gold 4%s
91%
F-A
M-N
31%
:
J4
94% ' 95
95
108
84%
Express coll tr gold 4s—.—1948
Coll trust 4s of 1907
1947
Alabama
42
104% 104%
A-O
32
75%
>■»
4
#73%; 86%
98
70
M-N
3%s
Power
Elec
Guaranteed
74%
Adams
Alabama
81%
43%
1968
A 1st
1953
81
42%
103
Canadian
Railroad and Industrial Companies
tAbitibi Power & Paper—
§A5s series A stamped
81%
42%
A~o
Bldga 5s gtd-.—.—I960
27%
■
'
108"%
107% 107%
A-O
1952
-1955
5s
81%
*
__
>
deposit-.—,
27%
105
—
*83
1978
3%-4Vi-4A extl conv
extl readjustment
4-4 %-4Vis
*106%
A-O
■
M-N
80%
84
108%
Guaranteed
103% 103%
M-N
63%
103%
110 3*2
California
*100.
($ bonds of 1937)—
readjustment
-1979
conversion—
1979
67%
29
48
50
3%s-4-4%%
External
:
57
73%
70
104 % 104 Vi
105%
22
-•
•100
M-N
-
:
103%
87%
•110
M-N
35.
72%
69%
104%
106%
98
11
69%
72%
F-A
M-N
,
107%
104
107%
100% 101
101
106%
12
a.
105%
*106% 107
*106
J-J
\K:
-108
106%
12
•
104
*107% 108 Vi
v..
106% 106%
Bush Term
64
18%
*13
1960
1964
AExternal sink fund 6s
AExternal sink fund 6S—
M-N
M-N
103
101%
*105% 106%
Consolidated
66%
—
101%
52
101% 101%
101%
Power 3%s
-1971
Canada Soucnern cons gtd 5s A—1962
*70
102 %
101%
M-S
mtge s f 3%s
ACertificates
36
"4
79%
79%
131 %
100%
1
M-N
48
37
—
129%
#
102
1947
1969
55
39
102
A-O
Stamped
modified
(interest at
3% to May 1, 1947) due^——1957
fBurlington Cedar Rap & Nor— • •
5 A 1st & coll 5s
1934
63''
40%
*46
79%
1955
1946
Sydney (City) s f 5Vis
AUruguay (Republic) extl 8s_.
External
98%
102% 102%
130 Vi 130%
-M-5
1961
Buffalo N*ag Elec 3%s
45%
*46
(Kingdom)—
1962
1962
secured external
series B sec extl
98%
86%
—
*101%
-1967 ^
Calif Oregon
A 7s
#86%
6
-
series C
Buffalo Rochester St Pgh Ry—X
40
42
—
*102%
J-J
....—1955
II
Bush Terminal 1st 4s—
1940
A 8s
98
Buffalo Gen Elec 4%s B
52
1968
Serbs Croats & Slovenes
30
97 Va
95 Vi
97
1970
I
4%s series JJ
mtge 4s series RR
Gen
45% "62
1956
7s
ser
Bklyn Union Gas 6s series A
a -i
loan
f
s
2
43%
1999
loan
Stamped pursuant to Plan A
(Int reduced -to 2%)
IA Secured
43%
1950
Stamped pursuant to Plan A
(Int reduced to 2.25%)
Afis
43%
M-N
1936
external
water
J
--V-Vi£:\C'y
1960
Ainc mtge 4%s sex A——July 1970
f A Boston & N Y Air L 1st 4s—..1955
Bklyn Edison cons M 3%s..i
1966
Bklyn Union El 1st gold 6s———1950
98 Vi
42%
—
43%
2012
Stamped pursuant to Plan A
(Int reduced to 2.5%)
extl
97 Va
;;
4s s f debentures
Stamped pursuant to Plan A.
(Int reduced to 2.5%)
A 7s
Corp—
2%s
mtge
1st M
1st
41%
90%
3
50
*8%
36
—
94%.
2.375%)—2001
Stamped pursuant to Plan A
(Int. reduced to 2%)
lASan Paulo (State! 8s
A 8s
Steel
Boston &-Maine 1st 5s A C^-
40%
Stamped pursuant to Plan A
(Int
debentures
1st gold
sink fund 4s
(City)
Paulo
§ASan
45
Cons
2.25%)
to
loan
Fe external
1951
stamped
4s
Plan A
Stamped pursuant to Plan A
(Int reduced to 2.25%)
Santa
Beech Creek Extension 1st 3Vis
35
45
Stamped pursuant to Plan A
(Int reduced to 2% )
2012
A 7s
45
36%
1
Plan A
to
1999
Afis
54
40
53
2.5% )
reduced
(Int
Bangor St Aroostook RR—
40
Con ref 4s__
1946
Stamped pursuant
1947)
35%
--
(State of)—
1921
extl loan of
A8s
*
F-A
1
to Jan
Stamped
'£>i—
*128
*123
31
105%
145%
137
104% 106%
104
.
101%
*101%
V
:Wn.
105
107%
103
__
128% 131
.
—
125
;
>53%^ # 53%. 54%:
676
'*
32
126
'
59!'.
•
THE COMMERCIAL
2290
Monday, November 12, 1945
& FINANCIAL CHRONICLE
NEW YORK BOND RECORD
9'
BANGS FOB WEEK ENDING NOVEMBER
Week's Range
Friday
BONDS
Sold
No.
Friday's
Qulncy RR—
Low
-
ref mtge 3%8
1st &
Chicago & Eastern 111 RR—
AGen mtge inc (conv)
f- A
3
A
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/
A Refunding 4s
Milwaukee A St
i (Chicago
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•
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paid
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paid
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y
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1st
columbus & H V
'
Columbus A Sou
?
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*■?$■ 3Vis
■
3Vis
t.*
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f
33%
104%
104%
100
106%
104%
104% 104%
69
104%
104% 105%
202
88%
87 Vs
469
89
91
92%
*102
291
103%
66
—
22
67 %
67
67
3
66
92
Goodrich
68 %
Grays Point Term
(B F) Co.
1st mtge
80%
105
1
47%
102
80
75
57
77 Va
103
105%
„
79
80%
104'%
118
65%
80%
io
103 'A
105%
.
40
*53
--
54'/a
39%
M-N
2%s.l965
1947
J-D
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102
*102%
—
__
34
—
115
91%
II
*110
53
89%
J~-J
114 Va
100'A
102
102%
102'A
133% 135
3
128%
127% 127%
2
121%
L
66 %
145
52%
79%
General 4%s series E_
23%
194
13%
28
Gen
106% 106%
5
102
95
99%
K
L
M
1960
1970
1980
91
100 %
*100
106%
100%
100
100%
12
102%
102% 102 %
7
94%
54
83%
98%
83
92
97%
98 '
96%
3%s ser
3%s ser
mtge
Gen
102 %
93 %
Gen
mtge
Greyhound
ctfs
Gulf State* Utll 3%» series D.
Hocking Valley Ry l*t 4%s
(SARousatonic Ry cons gold 5s.
Household Finance Corp 2%s
1999
1937
1970
J-J
Hudson Coal 1st
1962
J-D
1949
109% 109%
5
108
111
Gulf A Ship Island RR—
1st A ref Term M 5s stpd
105% 105%
7
105% 106%
90%
54
102 % 102%
13
111%
112"%
102
104%
112%
83
*121%
J-D
J-J
J-J
85
138
93%
86%
585
15
105
Co
*107%
A-O
*114
Gas
f 5s
s
1st
109%
115%
gold 5s
105%
104%
102%
108%
A-O
106%
106% 107%
22
74%
*107%
*108
M-S
F-A
—
108%
—
—
__
107%
34
116
48
105%
'
J-J
32
111%
J-J
102
_
'
_
64%
65%
1
6
58%
2
57
74
102
103% 103 %
*81
>
47
66%
...
'
50%
85 Va
40%
66 %
*46
47
14
102% 103
a-o
A
A
j-d.
JB—-19S5
A-O
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__
•
—
101
75
55
89%
104
88%
105 %
84 %
102%
M-N
105
103'% 105%
J-J
102 Vi
101% 102'%
42
M-N
M-N
F-A
1950
1951
J-D
5
84
108
9
94%
92
278
99
99'%
108
—
89%
91%
*105%
_
__
101% 101%
J-J
99%
108 »/s
96
74
100
„
5
105%
99
101%
95 Va
103
99%
18
83%
100
100
100'%
22
82%
100 Va
102
102%
111
89
102'/a
*101% 102'%
99%
F-A
1951
103'/a
70
61
99%
100%
J-J
J-J
1951
1951
105
103
103% 104
104
__
105%
101
1966
J-J
100%
101 Vs
105 Vs 105 Vs
1
99'/a
105 Va
104'A 104'%
1
mmm*
2
97
104%
*101%
F-A
__
99%
98% 100%
198
81'A
100%
1963
J-D
93%
92%
94 V«
153
76 Va
95%
1963
D
ser
J-D
J-D
89%
89%
89%
2
73 Va
J-J
105%
105% 105'%
£
1963
series A
ref mtge 4s
gold 4s
1st
6s
series
1950
1956
92
105
106'A
75
97%
'
*83'%
J-J
85%
—
*111
M-S
106% 106%
A-O
20
106% 108
104
62%
89%
A-O
44%
43%
44'%
182
28 Va
54%
1950
J-J
71%
70'A
71'%
24
58 Va
1956
J-J
70 "A
71'%
45
58 Va
84%
92'A
94
196
74%
96%
July 1952
series B
58
gold 5s series C
a-o
deb 6s.^_
1944
Paper 5s series A A B...1947
jfAInternat Hydro El
75%
78 >/4
J-J
1952
A
Adjustment 6s series A
Internat
94
J-J
103
103%
108%
;
78'%
103'%
1083A109
9
40
85
103
105 Va
106% lll'/s
series A,
1955
M-S
1st. 5s B____
1972
1952
J-J
103%
102% 103%
77
95 Va
103%
1958
f-a
105%
104% 105%
98
99
105%
1959
*_1961
J-D
4%s_
—
M-N
L.—
*
103 Vs
102
__
103'A
103%
103% 103%
103%
M-N
,.
—
__
*65
M-S
A-O
__
*100%
-
1953
Int Telep A Teleg deb gold
*103%
—
—
Int Rys Cent Arner
--
A-O
102%
103
22
__
*102%
J-J
1951
A 1st
71%
103%
*104 Vs
1952
3%s
A 1st
50 Va
100%
J-J
(International Great Northern RR—
52
41
3Vas
103 % 103%
J-J
1951
1951
1951
1951
1952
1955
(AInd A Louisville 1st gtd 4a__
68
61
„
— —
1981
Indianapolis Union Ry 3VaS ser B.1986
'Inland Steel 1st mtge 3s series P
1961
51%
66
41%
1
47
*64%
...
115%
45
gold 4s
Ind 111 A Iowa 1st
102% 104
61 Va
-
1st
'
J-D
113
80
1st A ref 4 Vas series C
102 va
50%
66%
*45%
.
100%
40%
82%
*45
——
J-D
#87%
64%
1959
lines
1st ref 5s
Joint
74 va
80
47%
'
...
5
57
60
54
45%
J-J
2
113% 113 %
72 Vs
111 Cent and Chic St L A N O—
104% 107
5
54
47
■
21
102 %
54
J-D
...
60
30
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75%
65
103 %
J-D
78%
101
160
Gold 3 Vas
105 Vs
102
'30
102%
J-J
103%
96
100%
233
Springfield Div 1st gold 3%s
Western Lines 1st gold 4s
103%
65
j-j
J-J
77 %
78%
J-J
107%
24
64%
_
_
—
37
St. Louis Div A Term gold 3s
112%
105 Vs
•*!•*■
104% 105%
104%
—
—
73 Va
Louisville Div A Term gold 3V2S_1953
Omaha Div 1st gold 3s
1951
108%
102% 103%
103
99%
*__
35'%
40-year 4%s
—
Cairo Bridge gold 4s
Litchfield Div 1st gold 3s__
132
107%
65
,
*100% 101
-
71%
Refunding 5s
114
132
102 Vs 102%
A-O
—
144%
137
*137% 139
M-N
Feb 1957
gold
Collateral trust
111
114
1st
Purchased
108'/a
107
A-O
98%
110
36%
Refunding 4s
106'/a
108
«.«•
*111
112%
*105'% 106
J-J
F-A
108
73%
1st gold 3s sterling
Collateral trust gold 4s
86V4
68
103 Vs
132
107%
F-A
1956
—1958
29
__
*114%
—
J-J
•
77
77
103% 104%
A-O
~4
A-O
income 5s
Extended
108%
107% 108%
76%
108
108
—
F-A
gold 4s
1st gold 3%8
109%
107%
104
104
98%
1st 5s A....1957
1st
115
4
A-O
J-J
101 %
98
I
107
20
M-N
series A
Illinois Bell Telep 2%s series A
Illinois Central RR—-.
—
108% 108%
108%
A-O
A Ad J
109%
107%
*__
91
2
*98
106
106%
107
105
101%
7
106% 107%
F-A
4
91%
80
1
M-N
j-j
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99%
__
92%
92%
106%
96%
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109%
*„_
101'A
H
102%
76
107
102%
31
102% 102%
—
M-N
106
53%
F-A
104%
54%
52%
6
8
102%
106
10
112% 112%
1
M-N
105
112%
103% 103 %
J-J
102
35
18
J-J
25
18%
13
15%
15%
—
1952
1989
103%
84
74
--
105'% 106'%
A-O
A-O
103 %
J-D
23
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J-J
103%
84%
lllVa
107 % 107%
'
—
_
1969
1st A ref 3%s series D
83%
106
107 «/4
1975
108
54
109
6
2015
mtge inc 5s series A___
104%
54%
104%
107% 107 7/a
Feb
Gulf Mobile A Ohio 4s series B
22
53%
107
J-J
106% 107%
90%
112 Va
103%
J-J
___1959
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105%
109%
107%
Feb
debs
3s
Corp
4
59
111
J-J
B_
130%
lll'/s
105% 106%
111
J-J
J-J
AGreen Bay & West deb ctfs A
A Debentures
123
137%
J-J
J-J
09
ser
118%
1952
General 4%s series D
mtge 3Vss
27
:
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74%
121 Vs 121%
131%
J-J
5
101% 102%
101
98
108 Va
6
95
105
102%
103 Va
A West RR
James Frankl A Clear 1st 4s
lJf-N
98
'
61%'
97
98.
60
61%
26
65%
M-N
66
20
57%
Jones A Laughlin
Steel 3V4*
Western RR— •
1953
A-O
J-J
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65%
106
32
1&
99
83 Va
102% 104%
J-J
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70
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72 '
72
72
37
59
2
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75
r
.
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13%
13%
15%
31
5%
21
10%
10%
12%
453
5ya
19
A-O
A-O
1970
lien gold 4s 1995
J-D
..1995 %
gold 4s
Tunnel 4ViS—
1961
Dul Miss A Iron Range Ry 3Vis—1962
(SADU Sou Shore A Atl gold 5s—1937
Evquesne Light 1st M 3Vis
1968
f
65
„
84 Vi
71%
106 %
108%
106 Ya
107% 107%
65,,
j-d
65
,r
45%
109 Va
106
109
10
23
65%
46
M-N •
Detroit Term A
1
20
106% 107%
*107% 107%
J-D
ref 3s series H
Detroit A Mackinac 1st
65
106%
M-S
A-O
6l
116% 116%
106% 106%
48
28
110%
117
3
105%
109 Va
*
J-J
59 Vi
J-J
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59%
106
59%
107
66
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10
3
.
43
13
105
71
A-O
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£ twf ARefundlng gtd 4s.—
—^.1938
A-O
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A-O
105 %
Kanawha A Mich 1st gtd
ACertificates
of
deposit
f Kansas City Terminal Ry 2%s
gold 4s
I Kentucky A Ind Term 4%s
Stamped
, i..;
*
Plain
4%*
M-N
Ed El 111
1995
J-J
cons
see
gold 5s
page
2292.
—
Kings County El L A4 P ,6s.
| Koppers Co 1st mtge 3s
i (AKreuger A Toll 5s ctfs
1961
1997
—1964 y
82%
134
79%
79%
93%
*
J-J I
20
78
91%
16
93
106%
103% 103 %
A-O
81%
105% 106%
81%
16
120 %
71
107% 107%
•
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J-J *
*
J-J
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__
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103'A
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__
%
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J-J
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103
__
80%
122
62
—-
79
...
101
107%
104
109%
102
7
102
173 Va
186 Vs
104 V* 104%
21
102%
105 Va
5%
16
4%
*187
A-O
A-O
5V\
1959
Jf-S
1997
1997
J-D
110
100% 110
10
J-D
106
106
106
5
1975
Dec
67
6?
58
8
108%
•20%
158 Vs
■
1950
1974
1987 ;
1961
-1961,.;
v.
unguaranteed.^
.
...
! Kentucky Central
3 %s
1956
gold
7 Kansas City Southern Ry 1st 3s
Lake Sh A Mich Sou
east Tenn Va A Ga Div 1st 5s
*106%
4S..1990.
t
.1978 /
impt 5s series B
K
109
?
•
F-A
Detroit Edison 4s series F——198S
Gen A ret mtge 3Vis series G—1960 ;
footnotes
98
103% 104%
78%
66
F-A
1st
97%
98
103%
J-J
division
Essex
(Denver A Rio Grande
A General s f 5s
For
128 Va
55'%
104
J-J
"
65%
F-A
Collar 4*6s wi__l_
May 1, 2042
Delaware Power A Light 3s
1973
(Denver A Rio Grande RR—
IA 1st consol 4s
1938 y
5 A Con sol gold 4 Vis.'
—.—1936
(NY)
29
*111%
J-J
1934
22
M-N
1965
extended—1963'
Co—
Y, Lack A Western div
1st A ref M 5s ser C
1973
Income mtge due
1993
A Second
75%
74%
79%
M-S
—
65%
54%
Delaware A Hudson 4s
A
99%
*105% 107
—
J-D
1973
1976
1977
92%
90
Debentures 8s..
Gen
132
10
—
1st gtd 5s
Ref sink fund 6s
A Ref A
105%
102%
101% 1013/4
*50
1950
General 5%s series B
D
A
__
104
117%
25
105%
102 Va 112
74%
M-N
•;
Castings
68%
112
90%
54
-
Morris
101%
-
(SAGa C'aro A Nor 1st ext 6s
Certificates of deposit
103%
A-O
receipts—
ACuba RR 1st 5s gold
1953
A Deposit
receipts
—
—A. AT Vis series A extended to
1948
i
ADeposlt receipts——■■..—I■;
A6e series B extended to———1948
A Deposit
receipts
Curtis Publishing Co 3s deb—
1988
N
101 Va
106% 106%
*105
—
M-S
1949
Oct 11945
5%s
(AGeorgia A Ala Ry 5s
Certificates of deposit
Steel
Gen
103%
78%
A-O
deb 4s
1954
4s————--1955
Lack
96%
G
94
77%
101
145
90
M-S
a Deposit
Delaware,
102%
43
100 3/s
105
105%
-
J-D
5s
1949
General Realty A Utilities Corp—
A 4s conv inc debs.1969
89
84%
66 %
65%
58%
J-J
—1958
Dayton Union Ry 3 Vis series
Deere & Co 2%s debs—
105%
98
100
*
Gas A Elec of Berg Co cons
J-J
4s—-——-—----1958
Continental Baking 3s debs
1965
Crucible Steel 3Vis s f debs
1955
f ACuba Northern Ry 1st 5%s;
1942
r
17 Vs
Gen
ADebenture
•
1,874
*92%
mtge
•
deposit
coll trust 6s.
Francisco Sugar
'
debentures
debentures
of
ACertificates
M-N
___1959
1974
1st 4%s
j-j
(AConsol Ry non-conv
-
29%
M-S
4
-
28%
_
3s series L_
.——1977
Conn Ry A L 1st A ref 4 Vis
1951
Conn River Power s f 3%s A
—1961
Consolidated Edison of New York—
i?-n3'/is debentures—.
11948
1st
102
*105
—
J-J
99%
29 %
j-d
1980
1961
1st extl gold 48—1948
Ohio El 3Vis—1970
3Vis—
debs
Conv
67%
J-D
1st extl 48——1955
Commonwealth Edison Go—
V
102%
3
28
119%
94%
J-D
Columbus A Tol
'
103 Va
88
104% 104%
100%
M-S
—w
ref 5s series A
A 1st A
111
j-d
4Vis (stamped modified)
Columbia Gas & Elec deb 5s
;
88
4
•
100
100% 101
—-
J-J
99
.
M-N
—1977
Ry.—
J-J
5s~:_1943
deposit
M-S
1972
—J9—
f 4Vis series C—
s
Colorado & Southern
;
Certificates of
114%
304
91%
gtd——
—1948
Series D 3Vis gtd
—
1950
Cleve Short Line 1st gtd 4Vis——-1981
1st s f 5s
92%
85%
—
98
104%
A-O
1961
deb
(AFlorlda Cent A Peninsular
108
104%
~a~o
RR—
gtd 5 Vis—
series B gtd
Firestone Tire A Rub 3s
31 Va
16%
105
82%
J-J
1977
1991
Cleve Union Term
99
F
29%
84 V4
91%
lb
114
101% 101%
—
117
Great Northern Ry Co—
3Vis
C
J-J
107
117%
106%
118
*117
103%
106%
117%
103% 104 Vs
67
St L Div 1st coll tr gold 4s
1990
Cleveland Elec Ilium 3s—-——1970
Series
F
1st cons mtge 3'/ss ser G
Ohio Div 1st mtge 3%s.
117%
104
f-a
1993
Cleveland A Pittsburgh
•
J-J
2015
—1964
_._1990
2000
—1971
97 Va
95
103%
J-J
1993
Vis series E
4s
—1963
ser
'Hudson A Manhattan
Wab A M Div 1st
Cln
<
1
104%
15%
94%
104
j-j
1974
General 5s series B
1
79
78
J-J
A St Louis Ry—
General gold 4s
4;
117'/s 117 Vs
110
174
J-J
1969
23/is ser G
1st mtge
Cleve cm Chic
•
5
A-O
■
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105
-
mtge inc 4%s series A
1st cons mtge 3'As
83
Low
106% 106%
A-O
Range Since
January 1
102
1965
1968
1st cons mtge 3 '/as ser E
;
100
65%
Railroad Co—
Gen
Sold
No.
A/-S
_
(Florida East Coast
J-J
1952
Terminal—
1st mtge gtd 3%s series E
90%
A-O
Union
Cincinnati
141 %
132
103% 104 Va
103%
—--
,
Gulf cons 5s
121
103% 103%
-
t A Choctaw Ok A
99%
f-a
1957
§ A Debenture 5s
6
8
j-j
Southeastern 1st 58—1960
ii-.i.i Income guaranteed 5s
Dec 11960
; -y
ACertificates of deposit
H Chicago Union Station—
1st mtge 3Vis series F—
1963
>
1st mtge 2%s ser G —
1963
V Chic A West Indiana com 4s
1952
v
1st A ref 4 Vis series D
1962
i
18AChilds Co deb 5s—
1943
.
21
j-j
Chic T H A
'
82
19%
103% 103%
103%
j-j
■
V
stamped
kine
76%
98
72
87
106% 106%
j-j
—1988
—
~5
91
21
„
—
j-j.
ACertificates of deposit
—i
,*§ARefundlng gold 4s
—M34
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—1952
{V AConv gold 4Vis
1960
f Chicago St L A New Orleans 5s
1951
;
Gold 3 Vis
——195*
Memphis Div 1st gold 4s
1951
\
'
21
j-j
Island & Pacific Ry—•
IChicago Rock
■■if A General 4s
32
-
84
18%
19
J-J
J®®*
May 1966
4s——1958
-1989
1st 5s stpd
1927
part paid-
25%
17
73%
*83%
_
M-N
,
:
—
—
91
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y? 1st mtge 3s ser B—
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98%
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-
3
97
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60
100
73
96%
73%
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May 11989
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u
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May 11989
i
AGen 4 Vis series E
May 11989
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2019
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Z(J44
Chicago & North Western Ry—
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1999
•
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97
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A—-—-—1947
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1947
series C
A 1st * ge» fts aerie#
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Chicago Ind A Sou 50-year
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102%
98%
98 %
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f<
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112%
Bonds
"4
El Paso A S W 1st 56.
j Empire Gas A Fuel 3%s
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3%s ser B__
.—-1985
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1982
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r
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—
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Chicago si Erie
i
6
Low
.-1970
Elgin Joliet A East Ry 3%s
22
71 %
73
J-J
1997
1
116%
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—
Friday's
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1950
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115%
104 'A 104%
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1977
1974
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or
High
Low
111
13
112% 113
J -J
ft f: General
Week's Range
Last
Sale Price
High
*
Chicago Burlington A
York Stock Exchange
January 1
or
Sale Price
Period
Interest
Period
New
Range Sinee
Bid A Asked
Last
Bonds
High
Interest
Stock Exchange
New York
Friday
BONDft
116%
119%
158% 158%
151
158 Va
gold 3%s
registered
105% 111
102%
Lautaro Nitrate Co Ltd—
A 1st
mtge
income
reg
65 Vs
50
109
I
67
Volume 162
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4437
NEW
VVl'S
BONDS
York
.
-Friday
Exchange
Stock
Last
Sale Price
Bonds
Bid & Asked
High
Lehigh to New Eng RR 4s A
WEEK ENDING NOVEMBER 9
Low
No.
Low
5s
f-a
1954
stamped
5s
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__
:
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„
2
92
93
8
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95%
i
f-a
88%
90 %
?
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■
87%
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I
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73%
91
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iobs
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1950
J-J
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8714
41
80%
96%
1
A 1st
2003
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52%
52
53
256
45%
69%
}■
50
50%
13
45%
64%
t
53%
55'A
193
47%
71%
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47
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;
53%
76%
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*93%
—
--
deb
6s—
5 A Collateral
registered
4%s stamped modified
2003
m-n
2003
registered
54%
52
2003
modified
m-~n
2003
a-o
60%
83%
m-n
j-j
.__1948
trust
6s
—
*__
MS
MS
F-A
116
i
to ref 4Vis series of
1st
4s
i
—
107
106%
108
8
106%
107%
N Y &
1
'
i
105
104% 105
25
Louisville
to
2003
A-O
103
107%
106%
111%
Norfolk Southern Ry
series F
*109% 110
2003
a-o
& Mem Div 4s
.1946
F-A
St Louis Div 2d gold 3s
1980
Atl Knox
1955
102 %
100
102%
*117
114%
98%
_
36
98%
98%
_
m-n
Gen
\
A
3-D
coll 4s ser B
1954
Manati Sugar 4s sink fund_..Feb 11957
3-D
AManila RR (Southern Lines) 4s
1959
f-a
1955
a-o
—
m-n
75%
Metropolitan Edison 1st mtge 2%s_1974
90%
a-o
4s„1938
F-A
El
87
(Chic)
24
91
103
*104%
10
103
80%
103
102%
99%
10
29%
29
—
— —
—
103
—
12
103%
16%
1st
1951
1952
Michigan Cons Gas
J-J
3Vis_1969
1st mtge
fiAMidland of N J 1st ext 5s
i§AMilw
m-n
1979
-
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M-S
1940
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—
m-s
a-o
& Northern
1st ext 4%s__ 1939
1939
105%
61
98%
*110% 113
86%
—
86%
86
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104% 105
——
—
102
__
A 1st
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AGen
Sault Ste
4Vis
mge
mtge 4s
inc
75
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„
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Coll
101%
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120
16
101% 102
94%
75%
72%
76
244
65
88
90 Va
228
77%
93%
J-J
91%
91
92'A
50
79%
98
J-J
84
83
85
56
65%
88
1978
J-J
—
85
56
69%
A-O
94
95
148
64%
Jan 1967
84
—
93
...
f
89%
112
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95
92
95%
118
72%
95%
m-s
58%
58
59%
402
33
t
725
73
95%
V
106
72%
95%
f
40%
40%
41'/a
547
14%
43%
95%
92%
95%
68
72%
95%
..1981
F-A
95
92
95%
306
72%
.95%
m-s
89
88%
89
9
79%
91%
1968
i_1951
1958
2000
F-A
1977
ref 5s series I
.
Monongahela Ry 3 Vis series B
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A
1955
;
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1955
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& T 3 Vis
gtd 5s
—1947
..
„
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--
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105%
96
101%
112
77%
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63
105%
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a
1st gtd
1986
107
109%
107
101%
103
J-J
110
Certificates
-
J-J
5 Vis
A 1st
A-O
1954
series
A-O
1958
29
105%
108%
106
22
104
106%
106
*105
—
—
105
110%
"
"3
101% 101%
99%
99%
24
99%
113 Va
113'/8
Certificates
Ref
F-A
100
106
126
-it
—«
1
106
*107% 108
*
107%
—
—
9
107% 108%
100
97%
■
f
96%
55
97%
gold 4%s series C
1977
Philadelphia Co coll tr 4%s
1961
Phila Electric 1st & ref 2 As—-1971
1st & ref M 2*8
1st and ref 2%s—
1974
101
106%
104%
108
104%
109%
Philip Morris Ltd
3s debentures
1954
A
deposit
series
F-A
A-O
.
1998
A
2013
93
—
100
—
F-A
A-O
2013
J-J
1997
1998
1998
.1908
registered
gold 3 Vis
3 Vis registered
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A-O
1997
Lake Shore coll
77
80
J-J
1998
Chicago to St Louis—
mtge 3%s series D
3%s
N
1975
1980
ser E
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1st
&
ref
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93
81
95
97
69
100
*_^
99
19b*
83%
83%
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Series H
—
80
94%
90%
429
78%
98
162
85%
99%
17
99%
107%
97%
105
104% 105
101
-
...
Series
•
101
2
93
28
87
97
F-A
89
88
89
-4
81
87%
87
87%
11
81%
!
94
F-A
,
95
917/s
"
F-A
•
—
82%
2
82%
80%
;
91
J-D
104%
*106% 107
J-J
103
--
"d
103%
106%
100%
103,%
'
4%s—-———--1963
cons
guaranteed 4%s„1964
series A
1970
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197®
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1950
1st mtge 4%i series B__—
J950
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1959
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1962
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1
1974
*
94%
J
4s
Gen mtge 5s
2043
J-J
_2043
J-J
4Vis series B..—.1973
M-N
see
page
2292.
103
107%:
23
105% 109
*108%
——
M-N
footnotes
5
102%
105%
105% 105%
56
104%
106%
102%
101%
;|
J-D
101% 101%
101
106%
106% 106%
105'A
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V
J-D
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16
105
106%
105% 106%
75
104%
22
J-D
A-O
—
*
J-D
j-jr
7
?
5% Inc deb--^——1964
1st M 3%s_
1966
mortgage 3%s
—1977
Pitts ton Co
Potomac
1st
El Pwr
86%
92%
93%
.
"
:
,
9
V ;4
Securities 4s
1957
t A Providence
116
;*
Public Service
Terminal 4s
El to Gas 3%s
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85%
.
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116%f
114%
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113%:
108
II
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'
104"%
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107
105% 106 Vo
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108
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106
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134
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22
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127
20
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127
106
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30
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127;
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16
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1
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102%
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136%
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106
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22
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107%
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101 J/4
—
103%
116
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84
100
91%
107
1956
1968
1972
2037
2037
.
1st &
ref mtge 3s
I
1st
to ref
mtge 5s
i
1st
&
ref
mtge 8s
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106%
107
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113%
113%
m-n
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113%
116%
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114
114
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126
22
123
126
r
126%
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131
132%
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128%
134
a-o
135
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26
129
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108
22
104%
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m-N
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„
107%
103% 103%
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97
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21
99%
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109
•
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97%
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-1977
111
mm -mm
1973
For
67
106 %
J-D
r~
m-n
A
105%
103%,
106
104% 104%
rnmmm
F-A
;
100%
103
104%
1949
series B
N Y Lack & West 4s series
,
A-O
1948
Harlem
gold 3Vis
Mtge 4s series A
Mtge
A-O
2000
Purchase money gold 4s
Y &
F-A
1966
1949
1953
1957
guaranteed 4s—-I960
cons
Series I cons
,
99
306
97
98
83
91%
89%
90%
104%
Lmm
90'/4
—
91'A
93
1965
E
N Y Gas El Lt H to Pow gold 5s
N
105%
102% 102%
m-s
19J7
Pittsburgh Cine Chi to St Louis—
Series E 3%s gtd gold
—
Beriis F 4s guaranteed gold
Series G 4s guaranteed.—
96
F-A
1951
gold 4s
Y Edison 3Vis series D
1st lien
103 %
102%
1962
—
>7>st 4%s series DN
100%
101%
4
100
98%
97%
~3
93
deb 3s
2%s debs
Phillips Petroleum
New York
Ref
99%
6
102% 102%
100
101%
M-N
tlAPhilippine Ry 1st s f 4s
A Certificates of deposit-
86
81
—
deposit
& Hud River 3Vis
Ref mtge
5
101% 10111
^7
80
4
96
97
—
1974
1974
5s series
General
108%
104
70
*82%
—
52?
General
107%
3
100
-1985
Wash 1st gold 4s—
B—-—
Marquette Ry
Phila Bait &
115%
123%
*106% 108
—-
102%
112%
83%
1956
impt 4Vis series A
&
Y Cent
30%
106%
.101
99
A-O
—J9&2
1980
Pere
95
F—~—
Union Ry 5»/8S
3%s ser D
Peoria to Pekin
112%
80
Kef to impt 5s series
N
103%
104 %
2
deposit—
of
Y Central RR 4s
20%
9
5
27%
M-N
3%s
deb
'
A
N
69
100% 100%
■26%
J-J
,
mtge .3 Vis ser
107
96
10
*
125 V8 125%
—-
96
D
—I960
Peoples Gas L & C ref 5s
1947
Peoria to Eastern 4s ext
—I960
A Income 4s
—-77- p ,
104%
105% 106
deposit
of
110
J-J
J-D
fund 4Vis———I960
General 4%s series A—
—1965 ,
General 5s series B—1968
General 4%s series D——
1981
Gen mtge 4%S series E
1984 ,
96%
77
1935
C
4Vis series
104%
107%
*
107%
j04% 104%
26%
100 V*
F-A
Cons sinking
109%
Gen
F-A
J-J
1952
1953
Vis
4s
B
of
102
102% %
&
Pennsylvania RR—
60
deposit
of
1st mtge 3s
convene debs.
3%s
104
102
m-s
1983
5s series A
of
Certificates
A 1st
a
series
*—
J-J
1948
Pennsylvania Co—
Gtd 4s series E trust ctfs
1952
Pennsylvania Glass Sand 3%s——1960
fNew Orleans Te? as & Mexico Ry—
series
•100
M-S
2%s
Gas
Conv
102
J-D
1974
Orleans Great Nor 5s A
5s
F-A
79%
m-n
J-D
1961
gtd 4 Vis series B
N J Junction RR gtd 1st 4s
New Jersey P & L 1st mtge 3s
5s"
i
F-A
m-n
England Tel & Tel 5s A
Certificates
.
M-N
J-J
.
1st
A
2%s
77
J-J
A 1st
1974
1964
110%
93%
States Power Co—
86%
J-D
A 1st
104%
62%
m-n
inc
103%
66
1945
1945
1952
Certif icates
110%
194
68'
1948
5s
England RR gtd 5s
A Consol gtd 4s
a
93%
103% 104%
88
1954
fANa'igatuck RR 1st gold 4s
tANew
Orleans Term
89%
109
104%
81%
A-O
O & N E 1st ref & imp 4
■jV.87.vV
156
;
89%
71
:•»•;■ 5'.
M-S
74
1965
Prod 3 Vis debs
Steel 1st mtge 3s
Dairy
SANon-cum
78
103% 104%
:
30
80
J-D
New
72%
20
71
1960
N
95
108%
80%
Nat
New
115
81%
j-j,
.
Pennsylvania-Central .Airlines—
N
New
119%
106'/a
108%
73
F-A
cons
128
108%
5
108
m-n
1978
Consol Gas
124-:
47
108 % 108%
J-D
Nash Chatt to St L 4s series A
Newark
138 %
108
series K
1971
1st & ref ivi 3s series L—hh-1974 '
1st dc ref
3s series
.1979 "
Pacific Tel to Tel 3 Vis series Rw—1960 *
RePTntge 3%s series C___
—1986
Paducah & I|l*lst s f gold *41/404#»«#W55 ^
Panhandle East P L 3s B
r--,-196(l
Paterson to Passaic G to "E cons Bs-1949
59"%
a-o
National
75
136%
136
104
1st & ref M 3s
1965
gold 5Vis
ref gold 5s series H_T
Fuel Gas 1st
102%
47
133%
J-J
•
1st fc.ref mtge
m-n
Mutual
5
1975
1st mtge 3 Vis
mtge.
Pacific
1949
1980
Constr
108%
89%
13
42
78
Q-A
.
Pacific Coast Co
95%
Mountain States T
109%
106
1
95%
series
106%
1
81
89%
1975
M 5s
44
'
106
92
Constr
98
110
25 Vo
196ii
34%
80%
81
J.D
91%
92%
&
35
93%
116% 117%
112%
Q-JV
1st gold 5s-—1940
Electric Co—
3Vis.series I
1960
1st &-ref mtge 3s series J-—--_1970
111%
to Malone 1st gtd gold 48—1991
Moh'k
48
11%
21
112% 112%
M-S
95
&
80
V 26
'
32
*127%
a-o
95
A 1st
46
.
99% 101
59
i 59%
117
Q-F
-1974
m-s
A 1st
107%
52%
*137
Q-J
——1975
Oklahoma Gas & Electric 2%s
1975
Oregon RR & Nav con gold 4s
1940
Ore Short Line 1st cons gold 5s—1946
Guaranteed stpd cons 5s
1940
Oregon-Washington RR 38 ser A—1960
1st
M-N
AConv
108
105%
135% 135%
59
M-S
.
Ohio Edison
1962
G
series
105%
35
106 % 106%
M-S
.
107%
.L1978
5s
.
32%
■
101
105
J-D
4s
ref
16
;f1-
O
J-J
& ref 5s series F
&
89
j-j;
2047
___2047
guaranteed 4s
A 1st
1990
ref 5s series A
General
74%
*106 V* 108
A-O
29%
102
^Missouri Pacific RR Co—
A 1st
19
-
30%
106%
.__1962
A 1st
101%
103
1991
ser A
1st 4s
adjust 5s series A
&
32%
A-O
2047
4Vis
1st mtge
(Wise)
J-J
4u-year 4s series B
Prior lien 4 Vis series D
A 1st
100%
105%
J-J
.
.
.
trust
Northern
91
105%
.1971
Prior lien 5s series A
A
17%
38
*95% 100
m-n
registered—
1997 r
ry & Id gold 3s—Jan 2047
registered
—.
2047
impt 5s series C
Ref & impt 5s series D_
Missouri-Kansas-Texas RR—
A Cum
17%
f. .4%
Marie—
inc ser A
Mo Kansas & Texas
107%
104%
J-D
Minn St
—
11
-
,
*107
5
345
72
31%
31%
fOgdensburg & Lake Champlain Ry—
to
Sag 3 Vis
3Vis
gold
*44
\
J-J ;
j-j 'i-
ref A%s series .A-——.1974
&
As
117
Michigan Central—
Ref &
108"%
93%
215
'
*65
•
m-n
1950
100
*100% 101%
—
103%
Metrop Wat Sew & Drain 5%s
65 y8
24
76%
■■i
88 %
72
72
f-a
—1998
c2014
Ref &
m-n
Mccrory Stores deb 314
&
Jack Lans
107%
:v&
12
105% 105%
M-S
Ref & impt 4%s series A-
76%
1960
ser
105%
j-j;
Northern Pacific Ry prior lien 4s__1997
M
t§AMet West Side
81%
,.'105% 106
105%
j-j
Norfolk to Western Ry.lst gold 4s_1996
North Central gen & ref 5s
1974
3s
mtge
45%
59%
263
23%
,
85%
86%
A-O v
Gen lien
1st
82 '/a
25
,
Co—
1st mtge 4 Vis series A
iAGen :mtge 5s conv inc
98%
100%
*102% 104
M-N
Div 4s
95%
*100% 101
m-s
G
Maine Central RR 4%s
; 63
83%
91
iv
i
105%
105 %
7
Nashville RR—
& Cine
74%
101% 101%
101%
m-s
A-O
Niag Lock & Ont Pow 1st 5s A
107% 107%
10%
1955
Niagara Falls Power 3%s
105%
—
21%
11%
;_196e
120
M-S
ser
77
54'/a
61
■
-107% 107%
v
22%
t§AN Y Susq -& W 1st ref 5s.._^—1937
5 A 2d gold 4 Vis
1937
f A General gold 5s__
..1940
A Terminal 1st gold 5s
1943
N Y Telephorie 3Vis series B__.
1967
f§AN Y West & Bost let -4%S—1946
103%
J- J
2%s
77
56%
368
69%
j-d
1965
118%
1960
M
56%
89
26
36 %
m-n
.1963
3
1969
3%s
ref
75
247
•
90%
■
m-s
Light 1st mtge 2%s_1975Putnam 1st cons gtd 4s„„1993
27
Gas to
1st &
74%
55
71
%
1353
.
104% 105
119 Vo 119 Va
Louisville
Paducah
54%
42
68%
69
j-d
76%
33
65 %
%
35
1954
4S__»
105
Louisiana to Ark 1st 5s series A
M 3%s
69
89
58%
64 %
1992
JAN Y Ont & West ref gold 4s
a-o
_1963
ref
1967.
1927
70%
89
m-n
—
106%
107
106% 106%
106%
121
13
106% 107
1949
debentures
m-s
1951
stamped
Lorillard (P) Co deb 5s_
1st &
.1940
—.1957
N Y Queens El Lt & Pow 3%s
N Y Steam Corp 1st 3%s_
93%
109%
37
*115
"
1949
gold 4s
Elec
High
80
132%
118%
——
118% 119%
a-o
78%
127 %
34
84
133%
1949
Long Island unified 4s
40
62%
mm
mm
1
'52
60 Vo
83%
a-o
Lehigh Valley Terminal Ry ext 5s_195i
1st 50-yr 5s gtd
1965
Liggett & Myers Tobacco 5s
,.1951
Little Miami gen 4s series A
-1962
Lex & Eastern
3s
January 1
Low
JAHarlem River & Port Chester—
modified
4s
4s
65%
a-o
N Y Power &
1974
rtf
64%
M-Nv
j-j
49
Guaranteed
68
j-j
1956
3%s—1950
81%
5s stamped
67%
66 %
deb
ANon-conv
80
4'/2s
66%
6T
65
80%
stamped
67%
A* O
,deb 4s
ADebenture certificates
I
93
—....1954
ANon-conv
100%
93
MS
3%s„-
f-a
4s
64%
3% s—.1947
deb
1954
stamped
Val Harbor Term
64
deb
gtd 5s
5s
67%
4s
ANon-conv
■
1974
Range Since
Sold
No.
Low
66%
ms
1947
deb
A Non-conv
|
100%
93
93
1964
Bonds
Friday's
,*N Y New Haven,& Hartford RR—
.93
f-A
1964
98
or
Bid to Asked
High
\
106
100%
100%
*99%
1954
5s
stamped
1st & ref sink fund 5s_
Leb
Sale Price
ANon-conv
sink fund 5s
1st & ref sink fund
Last
Period
High
104
Week's Range
Friday
Interest
New York Stock Exchange
Range Since
Leiugh Valley Coal Co—
1st to ref
W',:r
.
January 1
Sold
a-o
1965
FOR
2291
>
■3?'»■ v
YORK BOND RECORD
RANGE
'
BONDS
Week's Range
or Friday's
..
Interest
Period
New
;;
100%
J-J
j-j
F-A
m-N
100% 100%
105
105
113
"*113
33
m-s
109
33
109
25
109
108%
113
* 43 %
103 V9
110%
*107% 108%
107%
108 7/«
155
160
>240% 245
224% 245
J-J
J-D
13
103%
*98%
J-J
m-N
:
,
A
'"I
■».-. -ii—
Monday, November 12, 1945
CHRONICLE
THE COMMERCIAL & FINANCIAL
2292
jw
NEW YORK BOND RECORD
RANGE
■
Interest
Sale Price
Low
NOVEMBER ft
Low
Last
Period
High
1023A
1st mtge
Ref &
R
J-J
106%
107%
i
M-N
29
*104
——
104%
108
;
103
105%
mmmm
74
i
110
—
•
M-S
M-S
M-S
mmjm
—
3
108% 108%
59
60%
M-S
.
109% 110
108% 108%
*108
——
108%
51
104
103% 104
M-N
106 '/a
106 Va 106%
J-D
138%
133% 138%
1
24
24
10
16
J-J
24"
24%
60
17%
59%
1968
—2000
St Lawr ft Adir 1st
—1998
h
2d
gold 5s
-1998
J-J
s
4s
lien
APrlor
—1950
of
ACertiflcates
J-J
•■■■A-. ACertiflcates
deposit
94
3
79%
96
98
10
92%
99
|
65%
558
48%
68
f
65%
30
48
663/,
71%
141
51
3
51
70
463
363/4
49%
,42
36%
50%
79
.1163/4
108
89
~4
87%
97%
20
72
95%
i
15
72
100%
'
114%
j
A-O
114%
__
--
1
I
62
104%
133
f
of dep
ACtfs
dep (Chemical
M AAtl ft Birm 1st gtd 4s
of
ACertiflcates
Seaboard
1st
4s
deposit
RR
72
M-S
—
100
1965
81
--
A-O
.1959
M-B
F-A
*1141/8
M-N
*115%
ft Nor Ala RR gtd
debentures
79 %
406
76
>*,22%
22%
13
22%-
.105% 106 "*
102 Va 102 Va
7
.
*'
Gold-4 Vis
10
10J.V2
105%
Ss"
126
1«t. 4s
Pacific
Southern
1st mtge
series
series
Co—
ft
gen
Devel
ft
gen
1st
Oil
923/4
122
853/4
1021/4 1023/4
98%
I:
104
109y4 <
—
109y4
—
*103 %
•
112%
115% S
100 »/2
101%
53
104 >/a
103%
—
*110%
}i
118
110
j
103% 106
18
123
101%
—
105% 105%
101
101%
323
1023/4 1033/4
*106%
85
101%
396
84
104
—
105
107
■
—
100%
100% 1003/8
19
99%
: i
*
;
90
104 s/8 1043/4
66
104%
104 3/a
104
104%
59
103%
1043/4
1994
J-J
132%
132
132 5/a
46
123
j
h
100
•
A-O
105%
105% 106%
97
A-O
losw
A-O
*102
67
84 Vn
98%
103
J-J
"4
64
621/8
103% 1031/4
1021/8
Va)
;
101%, 102 %
115%
1173/4 ■>
2
105%
107%
106% 106%
106
J-D
10
1053/4 106
J-D
2
i"*106 %
;
110%J
104% 107 %■;
A-O
106%
106
107 V*
99
May
111
1085/8 111 %
161
92 %
M-N
110
1095/8110%
14
106%
110%;
106% 107%
23
105
108
1075/8 108
17
1950
J-D
107 Va
Af-S
108
J-J
88%
87
101%
83%
83
84 3/a
*109%
M -S
—
90
87
74
61
109 3/8
--
*
108%
103 »/4
77V4
90
883A
J-J
114
•105%
*102% 1023/4
M-N
1103A
M-S
Af-S
A-O
105 V*
107
103 s/a
105%
115
117%
46
■
•
95
76%
104
85
'
48,
•mmm'
—
82%
84%
Af-N
1043/4
4
105% 105 »/4
*117%.
J-J
J-J
8
1053/4 1053/4
1053/4
793A
178
47'A
rnrnmrn
92 3A
19
-■
44%
«...
deposit
of
A
.
debs
4
31
*"125
J-J'
493/4
125%
109 %
107% 107 %
1043/4 104%
i 104
15
103%
103
58
103
1063/4 106%
11
105%
not
1063/4
107%
62
J-D
62
106
1
57
Deferred
Included in the
1053/4
103
F-A
1961
a
122
116%
13
3y4s
Wisconsin Public Service
118%
114%
129
3yas
423%
20
—
A-O
105 5/a
*108% 108%
-
108 3/4
109
*106 Va 1063A
J-J
...1968
1971
110 y8
106 %
111
107%
Apr
1968
8unray Oil Corp 3% debs
Superior Oil 3 Vis debs
Swift ft Co 2%s debs
117%
120% 121%
121%
J-J
1951
dob 3s
117
953/a
Wisconsin Elec Power
delivery sale not included In the year's range,
d Ex-interest,
e Odd-lot sale
year's range,
n Under-the-rule sale not included in the year's range,
r Cash
included in the year's range,
1959
J-D
M-N
*105%
105
106 3/a
•Friday's bid and
1901
M-N
*1033/4 104%
104%
106
A Bonds
dollar quotation per 200$4.8484.
reorganized under Section 77 of
tCompanies reported as being in bankruptcy, receivership, or
the Bankruptcy Act, or securities assumed by such companies.
1958
not
sale
y Ex-coupon.
§Negotiability impaired by maturity.
tThe price represented is the
pound unit of bonds.
Accrued interest payable at the exchange rate of
663/4
asked prices; no sales being transacted during current week.
selling flat.
NE WI YORK CURB EXCHANGE
WEEKLY
,nN°J?oCo^aSih„ fh?
lootnote in the
in
a
week
which
in
RECORD
AND)YEARLY
sales are disregarded is taken of such sales in
in the week's range unless they
they occur.
No account
are the only
computing the
range
transactions of the week, and when selling outside the regular weekly range are
for the year.
ending
the
present
security, whether stock
Friday
bond,
or
(Nov.
9,
in which
1945).
any
It
is
RANGE
STOCKS
New
York
Curb
Week's
Friday
Exchange
£.1
Price
Last
Sale
Par
ACF-Brill
Wire
Anne
A
D
Aero
Motors
F
co
•
8uppiy Mtg class
Class
Ainsworth
/
~
A
B
29%
123/4
13%
Mfg
Associates
Air
Investors
1
Z
common
Inc
"
'm
(Nj)
common A
'
•
1
Alreon
preferred
Mfg Corp
Air-Way
Electric
Alabama
Great
5%
i
"
•
•
17%
17
Appliance
5
i
1,100
3,000
.3
„v
AUes ft Fisher common
—
103/4
page
2297.
9%
4,100
80
119% 119 %
—
*
V
10 ^
ion
Of)
,100-
.10%
1Q3/4V
I
/
9% Jan
11 \ Aug
;
400
5
11%
99%
106i'.;
Jan.
11X6%; Apr
132
•
119%
110
103/4
6%
Nov '
—
-10
preferred
40
50
58%
—
Class
A
Class B
class
A—
-
Feb
58% Nov
/.Jan
8V4
11%
Jan
t' 59
6,500
36%
Jan
116
600
112%
25
-—1,200
-
23
<
Oct
60%
Nov
117
Feb
25
Nov
26%
Jan
193/4
Jan
Jan
Jan
122
Oct
110% July
1,550
86 Vb
108% 108%
^
150
107%
5%
8,300
117
'C 3%
122
58
58%
19%
;
15%
•
"5%
<
Jan
- -
f
117
;——:—.
High
48
Aug
56
.100
——
29
900
{
Ltd common.
preferred.
37 :f
115
L=
115
25
Mfg
Goods
-•/Convertible
;?
,
39%
48%
•
Low
High
"
Mfg—_—-——.
American Cities Power ft wight-—
July
58%
57
IlOO
American Beverage common..—— -_1
.100
American Book Co
—
.1
American
Central
;
•'*
Range Since January 1
Shares
Industries common—
6%
July]
-
for Week
——
Aluminium
Oct
NOV
Co common
Aluminum
Apr i
NOV
——
Aluminum
9% Nov i.
Jan
115% May
(Mich)
-
Sales
"
Range
of Prices
Low
$3 conv pfd-
Aluminum Co common—-—:——
Sep »
Oct«
•
Products
Altorfer Bros
-
-NOV
,
19s/b
16
Allied' Int'l Investing
Allied
>
37%
3% Jan
*
•
Week'a
''
Last
Curb Exchange
Par
Apr
13% Nov I
22% May |
"6
,
2 % Mar
14,000
126% 127%
•
Feb
Jan
32
36% May
5% Jun
11%
Friday/./
STOCKS—*
Sale Price
8% Nov ;
3% Aug
1,500
7%
8%
'
_
Sep
10%
1,500 '
103/4
•
York
High
Jan
27%
'.70
5,500
15
43/4
50
Alabama Power Co $7 preferred
.$6 T*ref»rred..«__ "
X6
jvr»»*«»rred
'
' ^ -
see
17%
14%
"4%
—50c
Southern
For -footnotes
2"%
•
—10
•- •
_..
f
6
;
9
Range Since January 1
19%
|
~53/4
1
1
_
Convertible
13;
3,200
v
Satur^y
is intended to include
*
Low
8%
current year.
NOVEMBER
New
High
29
—1
ENDING
.
Shares
.—5
;
Air
of Prices
Illio
Co
WEEK
for Week
6%
cummuu
FOR
from the daily reports of the Curb Exchange itself, and
occurred during the
K Sales
Range
Low
warrants
compiled
dealings have
shown
.. .
,
^
In the following extensive list we furnish a complete record of the trans actions on the New York Curb Exchange for the week beginning on
Nov. 3, and
every
'
58%
19%
20'%
-
40
1,900
-
5%
1% Mar
11%
•'-rr-^300
51%
.25
48 '•
-1
;"7%
54
47Va
48%
71
V'
; .7% •.
"
:
700
Jan
14,200 5?
44
-
Oct
25%
Jun
•
'<■
Aug
42 % July
4
Nov
Nov
60%
Mar
46
»■.
.2A
i
73%;
105%;!
,
103%
10
102
102 Va
F-A
60
2
116% 116%
Q-M
103
102
*102% IO31/4
64
F-A
1063%
100
92
106 3/4
106
106 y2
M-S
:
1023/4 J
100
102%'
..
i
95
111
-
1323/8
1950
94
101% 103
A-O
A-O
A Certificates
105 »/4
J-J
3
95%
93
93
103
jASu ft Du div ft term 1st 4s—1930
100%
1043/4
95'%
95%
Apr
Registered
2361
Wheeling ft Lake Erie RR 4s
1949
Gen & ref M 23/4s series A
1992
Wheeling Steel 3% series C—_—1970
Wilson ft Co 1st mortgage 3s——1958
Winston-Salem S B 1st 4s
—1960
lAWisconsin Central 1st 4s
194$
A Certificates
of deposit
102%
J-J
gold 5s
2%s
N J
1073/4 i
101% 1013/4
Apr
gold 5s
1951
5s
1960
Westinghouse El ft Mfg 2%s
—1951
West Shore 1st 4s guaranteed——2361
105%
J- J
gold 4s
Calif
,
j.
107
104V/2
102%
F-A
Fundirg ft real estate 4%s
101% 102%
145
101% 102 Va
1033/8
1st gold 5s....—...1998
of
Oil
49
1033/4 104%
101 v4
ASpokane Internat 1st gold 4Vis„2013
Stand
standard
1013/4 102 %
A-O
6s
Div
Louis
1063/4
107
103%
M-N
30-year
107% 110%
1961
series
104%
104
122% 122%
1970
,
?•;Devel ft gen 6.....
Mem Div
1023/s
6
1958
cons
4s
j.
*1053/4 107%
A-O
25-year
—.1996
Ry 1st
Devel
/
M-S
M-N
A
C
Bouuiern
102 V*
1033/4
M-N
B
3%s
RR
ser
5
16
J-J.
3%s series I-—1966
Maryland 1st 4s
——1952
Pacific 4%s inc ser A—2014
Western Union Telegraph Co—
80
-
_1986
2%s
3 3/4 8
41
105 % 105 yB
J,
35
Western
130
66
—
M-S
1981
Term
Fran
/:
Western
107%
F-A
1969
Gold 4 Vis
M-B
West Penn Power
102
19
*129
—1950
Gold 4Vis
r
1043/4 104%
105% 105%
105 Va
M-B
Warren RR 1st ref gtd
103%
106%
107% 1073/4
—1968
...
104%
1955
gold 3%i—2000
Washington Central Ry 1st 4s
^1948
Washington Terminal 25/eS ser A—1970
Westcnester Ltg 5s stpd gtd
1950
!
Gen mtge 3'/aS
—1967
;
103
4
107 3/4
1985
;
f 4s series B
s
Baking Co 5%s debs
(subordinated)
Warren Petroleum 3y»s
•
(Oregon Lines) A
19
Ward
1
106
101%
101%
723/4
106
—
1043/8
3
102%
1013/4 101%
.
—
106%
J-J
1977
;
Co—
Faoitic
1st 4Vis
•
grant 4s.
mtge 4s inc series A
1981
mtge inc 4%s series B
1991
mtge 3 Vis ser B
1971
Walworth Co 1st mtge 4s
—A.1955
49
723/4
A-O
1979
2%'s debentures
Souuieru
203%
101% 102
1st
79%
*102
J-J
—1963
5s
——
ft land
Gen
Southern Bell Tel ft Tel Co—
•3s
debentures
,
Gen
100%
77
——
J-J
1964
-
102
.1955
993/4
F-A
tlA8ilesian-iV"i Corp coll tr 7s—1941
South
105
99%
1053/4
debs
105
101%
.1971
101
78 3/4
J-J
2%s
78%
1
164
J-J
Oil
113%
103
M-N
74%
993/4
M-N
—1954
Skelly
74
53%
99%
'■jmmmrn
Socony-Vacuum Oil 3s debs
110
A-O
j
—
-
debs
*110% 111%
33%
33%
*1033/8 104
Jf-N
1 s,
106%
J-J
743/4
523/4
100
*98
—
22 %
2 Vis
53%
18
72
703/4
F-A
Oil
22
70 %
703/4
70%
_193»
Union
lj
■
105%
.1970
<
2*48 sinking fund debentures.—1961
-
54%
147
69 %
71
—-
(Joseph E) & Sons 3%s~1965
Seagram
Shell
53%
39%
54 Va
—
All Fla 6s A ctfs
t A Seaboard
II
*1053/8
F-A
.1947
Co—
A
ser
39%
53%
52%
70
M-S
Bank)—
1933
wi——
Gen mtge 4Vis ser A wi—
•
r
Line
Air-
mtge
M-B
J-D
?
5
53%
'
'
mm mm*
(Guaranty Trust)—
of
ACtfs
,
,.
.1970
<
535/g
50
,
V
119%
39%
16
50
A-O
ACtfs of dep (N Y Trust)
ACtfs of dep (Chemical Bank)—
Alst cons 68 series A
1945
t
120
86%
2
112% 114%'
——
am
—1959
:
103
-
Wabash RR Co—
86
"7
A-O
—
jARefunding 4s
105
101
W
1956
|A4s gold stamped
ACertlficate of deposit
102%
2
.
tSeaboard Air Line Ry—
?
5
101
5
(
1053/4
130%
1
*132
--
40%
42
1053/4 1053/4
-
—
-
.
48 3,4 *49 %
49 Va
F-A
i
>
60| i
fl
103
101
101
A-O
Cons
j
793/4
*112
M-N
451/8
103
J-D
J-D
Vandalia RR cons g 4s series
\
93%
88%
J-D
50%
■
79
88%
J-J
J-J
48
J-J
1st
f
93%
J-J
49%
.1971
34-year 3%s deb
35-year 3Vis deb
United Biscuit 3%s debs
Universal Pictures 33As debs—
51%
70%
*113% 114%
M-N
"/•
69%
48%
—
335
:,|l
J
•
.493/4
69
—
94%
>,
68S/B
—1978
ACertiflcates of deposit stpd———
tSt Louis-Southwestern Ry—
1st 4s bond certificates
1981
-A2d 4s inc bond ctfs
Nov 1989
i IA 1st term ft unifying- 5s_
—1952
AGen ft ref gold 5s series A
1990
0t Paul ft Duluth 1st cons gold 4S-1968
MASt P. ft K C Sh L gtd 4Vis
-1941
Bt Paul Union Depot 3Vis B——1971
Bcioto V ft N E 1st gtd 48
1989
A-O
A—.1958
——1957
Virginia Electric & Power Co—
'
1st & ref mtge 2%s ser E
1975
Va Iron Coal ft Coke 1st gold 5s—1949
Va ft Southwest 1st gtd 5s—.——2003
1st cons 5s
—.1958
Virginian Ry 3s,ser B
1995
i
•
49
'
84y,
89
Union PaciiiO RK—
j
69
'ACons M 4Vis series A
.
96%
49
J-J
.—1950
deposit
of
81
65
65%
103%
70
86
.1967.
i
8
643/B
—
m—m
5s series B
lien
APrior
»
•
A
ser
1033/4
96 %
95%
A-O
stpd
tSt Louis San Francisco Ry
150
102%
89
.1945
23/4S
f
1063/4
95
*103
—
96%
;
U
94
—
-1955
gold 6s
St L Rocky Mt ft P 5s
104%
102%
*106% 107%
A-O
J-J
130
—
J-J
30
3%s
MA Union Elev By (Chic) 5s
Union Oil of Calif 3s debs
J-J
*1033/4
J-D
27
S
Saguenay Pwr Ltd 1st M 4%s—.—1968
ft Grand Island 1st 4s
1947
,
753/a
'
Union Electric Co of Mo
St Jos
109%
w.
103% 107%/; i
1053/4 108 y8 f
6
.
.I960
debs
Trl-Continental Corp 3%
105
24
130
~
109%
51
J-J
M-B
24
107% 108%
107%
A-O
n
102%
125
F-A
——
High
101
1950
Third ftve Ry 1st ref 4s—
.—i960
A Ad J income 5s
—Jan 1960
Tol ft Ohio Cent ref ft lmpt 3%s—1960
Toronto Ham ft Buff 1st gold 4s—1948
Trenton Gas ft Elec 1st gold 5s—1949
79%
62
41
77
*125%
76%
A-O
98%
68
106% 108%
J-J
Pac
January 1
Low
No.
,—1959
deb
ft Pacific 1st gold 5s
Pacific-Missouri—
.
Tenn RR of New Orl 3%s__1974
Texas
.
*129% 132
j-j
—2019
imp M 4s ser C
Texas Company 3s
3s debentures
Texas
(4.7%
mtge
107% 1073/4
107%
for 1945) due-1975
Revere Copper ft Brass 3 %s
.-i960
tJARio Grande West 1st gold 4S-.1939
A 1st cons ft coll trust 4s A
1949
Rochester Gas ft Elec Corp—Gen mtge 4%s series D
1977
m Gen mtge 3%s series H
—.1967
:
> Gen mtge 3%s series I......— ,,..1967
- Gen
mt!e3V4S series J
1969
MAR I Ark ft Louis 1st 4%s——1934
11A Rut-Canadian 4s stpd
1949
MARutland RR 4%« stamped
1941
Gen
23
1063/b 106%
__
Range Since
Sold
•
1023/4 1023/4
1023/4
m-n
1965
pipe line 3s
Tfcxarkana & Ft Smith 5%s A
107%
102%
*106
A-O
Low
Gas & Transmission—
Tennessee
Terminal RH Assn of St Louis—
Reading Co Jersey Cent coll 4s
1951
Remington Rand deb 3%s
—,-1956
Rensselaer & Saratoga RR Co—
Bonds
Sale Price
High
100%
11
Week's Range
or Friday's
Bid ft Asked
Friday
Interest
New York Stock Bxefeanga
Range Since
January 1
No.
102% 1023%
102%
J-J
1964
Bonds
Sold
or
High
Quaker Oats 2%s deb
ENDING
BONDS
Friday's
Bid ft Asked
Last
Period
Stock Exchange
WEEK
Week's Range
Friday
BOHDS
.
New Terk
*
FOR
.
Jan
;
.
48 Va
Jan
7% Nov
(
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4437
.Volume 162
NEW YORK CURB
FOR WEEK
RANGE
Week's
Friday
STOCKS—
Exchange
Curb
Range
of Prices
Low
P«r
American
Cyanamld
American
ft
American
Fork
American
Gas
:
.
4% %
Co common
10
Foreign Power warrantsHoe
&
*
common
10
Electric
&
preferred
lOo
1
1
Corp common
preferred
$2.50 convertible preferred
convertible
Hard
American
IV2
1%
Laundry Mach
American Light A Trac common
preferred
American
Mfg
American
Maracaibo
Co
common
20
25
——25
100
Potash
24
42%
42
American
Amer
1st
$8
preferred.
series preferred
Writing
Anchor
Post
43
Oct
114%
Nov
Carnation
13%
Nov
Carolina P &
52
52%
100
47% May
54
July
26
26 %
300
18
27
Nov
42%
43%
850
32%
43%
Oct
Cataiin
Oct
•
100
pfd—100
Central Obio Steel Proauots
1
Central Power ft Light 7% pfd
100
Central ft South West Utilities
50c
YCent States Elec 6% preferred
:1O0
7% preferred —————100
Conv pfd opt div ser—
..—100
Cony pfd opt div ser 29—
100
Cessna Aircraft Co common—**,
1
43%
23%
23%
24%
27
27
27 %
90
90
90
16%
3%
4
Jan
9
1%
2
131
131%
38%
•
9%
10
NOV
—1
Apex-Elec Mfg Co common—
•
Appalachian Elec Pwr 4%% pfd
100
Argus Inc
—————
—1
Arkansas Natural Gas common
120 Va
18
9,000
10
Nov
7%
10
5,500
18%
3% Jan
;
'<
114%
y50
6%
6,800
36%
6%
18 %
5»/a
.
36%
400
114
12%
115
-150
13%
12%
17% Aug-
.
3
26%
27%
111 Ya
•
12%
14
dep rects regi—
Tei class
7»A
Coast
Line
Plywood
CJians
115
38,360
1,800
14%
Oct
3%
6%
5
Jan
10 Va
Products
Automatic
Voting
2%
11 %
10%
Feb
11
7%
Jun
50
83%
82
15
Apr
1
-
7
1
13%
9%
preferred B
$6 preferred BB—
60c
' ■ 7%
9,800
25%
17
Feb
July
104
Aug
58%
13%
14
2% Oct
Jan
-
85 Vs
500
12
Jun
7%
Apr
18 Va
Club
Jan
10%
Jan
20%
27%
100
23
Jan
29%
21%
300
163/a Mar
28% Oct
14%
45
46%
29%
4,400
Jan
48
7ft
American
■s
.
Rights ■
^Barlow
48%
7%
Seelig
Mfg—
A
i
(L)
—*
(A
S>
Shoe
20%
,.7Va
10
—1
—1
common—
Bell Tel of Canada
Jan
150
20%
.7%
8 V$'
10
10
14
43%
46%
22
19%
22%
4%
,"
14
46%
Oct
Feb
4%
10
f
?
15%
Benson ft Hedges common
Convertible preferred
Berkey ft Gay Furniture
•
100
?
Apr
5% Jan
8%
Blckfords Inc common
Blauner's
1
Bliss
common
Jan
Mar
.
125
Jan
3,400
18%
400
Sep
(E W)
21
20
1
common
30
;
1%
Jan
Mar
Copper
3%
21
'
14% July
21
10 Vb Aug
10%
22%
27%
29%
11,200
Jan
15'A Jan
Blue Ridge Corp common
$3 optional convertible
Conv
called
pfd
Blumenthal
Bohack
7%
—
7%
•
•
common..
100
preferred
•
Brazilian Traction Lgt ft Pwr
Breeze
Corp
Mfg
Class
$6
7%
Co
convertible
American
Nov
56
Nov
15%
Jan
28%
Sep
9%
Jan
37% Nov
140
141
80
22
29
2
29%
Sep
39
Oct
12%
Jan
2.9%
2,100
1%
2
12,100
%
Jan
58
950
34%
Sep
3%
4
4
4,200
22%
3,500
20
5%
J%
44%
98
1,600
•15
Jan
21
5%
8,200
7%
9%
19,000
21
21
3%
25
3-
6
100
17
Oct
21
£1
reg—
21
21%
17%
19%
Feb
22
Jun
*
Class
A
1
common
preferred
Brown Forman Distillers.—
1
$5 prior preferred
Rubber Co
Brown
Bruce
(E L)
Bruck
Silk
1
(P
H)
2%
39
41
2,800
~9%
8 Vt
4,600
20
4%
107%
45%
45%
:100
33
13%
14%
3,800
10
Sep
13%
105% 105%
—100
2.50
18%
12 %o
12'A
—25o
7%
3%
rets
common
17%
2%
11
19
45%
10 V*
Nov
3%
; 12%
7%
—
Nov
105% Nov
19
Jan
1%
Jan
3 •'
36,800
7%
Nov
10%
Jan.
Nov
3%
:
,
■■I
Nov
trust
Voting
.Cables
.50e
certificates—
ft Wireless—i;:
.500
Vpfd
"
Calaraba
Sugar
>i California
v
>
•
Power
Canada
—
Co,
;
Ltd
t
3%
1
10
1
;
-
,
Bread
'
3%
4%
3,800
3%
'
<
6% %
10
10
10%. 11%
5,400
11%
11%
4,300
12
Canadian Car. & Foundry Ltd—
20
5
wrfilnp
;
.a
footnotes
see
July
Jan %
108'/a Apr
25% May
y;.,
?.
2297.
'(
Nov
v
Oct'j
r
1%
Jan
•
84
40
11%
11
13%
11%
12
.
600
^J200
L 6
..
<.
.
Jan
5% Apr ,:
Oct >
24% Nov
j
\
Oct!;
5
Jan
Jan
Feb
P'{
Oct
5
7,100
24
Aug
21,000
r:. 1
Jan
2%
Oct
8
v July
7% Mar
13 %
Nov
4%
40
13 y8
4,100
8%
8
8%
6,800
18
18%
900
12%
13
Oct
8%
100
15
5% ,* 6%
3%
25%
19%
Apr
5%
1,600
2'/a
Jan
29%
18,400
23 %
10
ll.S
14%
14
14%
46
6%
Feb
X
Oct
«:
-Oct: i
32
6V4
Oct
Oct
72
Jun
31
'
Aug
24%
Oct
4% Mar
11%
Oct
15 v«
Oct?
Pi
12
*650
*
y
32
,
Apr
22% Mar
400
23
ii
v
fi
i
11% July
Jan
100
27%
5-%
29%
5,400
30%
5%
.
"
10% May
31% May
,vi
Jan
30 Va
6 Ya
30 %
■4oya "Nov
Jun
32
675
9
4Va
2% Aug
6,600
:.
.
18%
10 Va
200
July
class A common—
2,950
22 Va
Jan
36%
36%
36%
110
35%
Feb
12 y«
—8
12%
12%
12%
13 Va
1,000
15,000
—
43%
u
Sep
-July
8%
;
f
.100
138
Apr
142 V» May
fp
12%
14
23%
8
9,500
18%
1,000
.
Nov|
14
Sep
<•
'4%
4%.
4%
—
—
36%
V"- ' 35. '
'35
| •'
j
4%
Jan
'
Jan
25%
"10
107/a
Jan
5%
27.;
400
7i
Nov,
Jan
1%
3,200
r
'
23 %
21%
16
6,900
10 :
36%
«
9%
9%
„
'- Jan
20% Aug
-37%
38
Apr
10%
17
15%
17
12%
Feb
<
Nov;:!
Oct :
•
Sep vi'.'
Sep* Vi
Octj ;
22% ,'31
50
50
31
50
,
.
Oct
llVt
Jan
20
3,000
"100
i
]
,31 >,Novj}
-•
common
Nov
17
13% Oct
4,100
18%
Jan
:
18%
Oct
Oct
52 l
*
Ltd
12
12
*
r
l3%
4% Apr
30,400
6Va
Nov_
;
25% Mar
.6'/a
5
■5%
Steel ft
28%
Apr,
jL
13%
NOV: i
15
Aug ;
6V«
2,400
15
Apr
Aug
-May
67.
73
...
Oct
•
"
—
•
87%
89
150
74 '
Apr
61V*
63
200
38 Va
Jan
66
100 / 100
25
84
Jan
100
.10
Duke Power Co.
..
95
v
•
f.
Oct'
Jun
•
NOV; j
'
Dunlop Rubber Co Ltd—
dep rets ord reg
Hosiery class B
Duro Test Corp
Nov;
13% Nov
Oct
J.00
?; 8%
21'
common
common
15%
12%
15%
800
—1
8,600
14% ^14%
14%
Duval Texas Sulphur
6%
1,400
5%
6Va
Sep
:
;
>
9Va Aug j
Nov :
15V2
^ 8Va May
"
Ja.n
6Va
11% July
.14%
3-3-a
Nov
!
Feb f'
Jan
108%
12%
5%. Jan
•*
Durham
"
40 Va Mar-
-
7% Apr
Apr
12%
Coal B
Dominion Tar ft Chem Co Ltd
Dominion Textile Co Ltd—
Am
Nov.
82
21%
Draper Corp
*
;
NOV
43%
f,
-80
Foundry—
Dominion Bridge Co
Dominion
38
43
?
46
Jan
12 %
Distillers Co Ltd—;
Am dep rets ord reg.
Divco Corporation —
Co
■:
31
25
..38
Diana Stores Corp
Oct
5-
Apr
29
12%
Jan
2
H
113
Sep
.50C
preferred
Nov
23
29% Nov
2%
...1
Apr
27% Sep k
13%. Nov -f
4V»% prior
12
6t>
Nov
'Mf?
"
East Gas ft Fuel Assoc common
13%
•'
page
,
8%
:
104%
.
fj
10% NoV
;
14% Mar
1,100
1,400
.
5
7;
6% Aug
15,000
24%',:
4%
•
-•"■v
r
Class B noa voting—
For
1%
12%
Jan
7
■
1%
1
23%
,
46
Mfg
Gray Iron
11%
!
-
15
5,350
•
Participating preference——23
Canadian Industrial- Alcohol-*- >\$i~ r
A
6% Mar
-5
•
.
10% Sep
.
6% Jan.
t
pj
v »v.
.•
4% Nov
4% May
7% Jan
100
11%
——-100
preferred
*
Jam
3% Jan
102
;•
.
^
4% Nov
Jan
1%
600
Canada Cement Co 'Ltd (common——.*
■
2
3,300
290
ZJ. 380
12 Va
Jan
-
29%
2.50
Driver Harris Co——
£1
Estate-—-
Electric
Tungsten
CorpCamden Fire, Insurance—
3%
4%
'
American dep rets 5%
:;> CaJJite
3%
3%
4%
13% Jan
;
2%
Domestic Industries class A com—
*
Electric Products common.
28
9
Mich
Dobeckmun
7% Nov
>
h Cable
6,900
„!
Nov *':
29 Va
-*
Mills
De Vilbiss Co common
Nov
12»/2
4% Jan
1,000
.25,200
38%
2%
Stove Co commonDetroit Steel Products
Feb
14%
105
1,750
6,600
308,400
10%
29%
Nov
'
29 y6
preferred
6%
Detroit
Detroit
Oct
Mar
Jan
9
11%
4%
€
*':
Aug
3%
Derby Oil ft Ref Corp—
Detroit Gasket ft Mig-
Sep
9%
9% Jan
.
Jan
16 Va
38 Va
—*
86 prior preferred
debenture
Nov
100
Jan
2%
2,600
107% 109%
1
NOV
39
—
8%
Nov
41%
Feb
Oct
Nov j
24'
•
8%-Jan
,
29,500
v
29
—°
convertible
Dennison Mfg
NOV
11%
Feb
3%
10 Va
>-43yarJan;,--. •;;'68ya Novt
; r
26%
z9%
|
Jun
/ 1,700
4%
33%
*—
Atlantic
Dayton Rubber
Aug
34
Apr
91
"9
25
Jan
24
;
Oct
; 81
3,400
550
Nov
21% Nov
Jan' "
38 Va
S 5
—J
—
Dejay Stores common
6% Jun
5% Jan
9%
68>/a
Nov
2%
::
'-43% Mar
7Va -Jaxi "
67 V*
ii'
NOV if-;
■-:|
114% Sep y -118%
116%
106% May-"
120
23 V2
23%
Corp—
Sulhvan
Corp Am dep
Biscuit Corp
Butler
39%
•
•
preferred
ft
2,000
24
...A
Co common.—
Mills Ltd
Hill
1,100
11%
——•
common
Buckeye Pipe Line—
Buffalo Niagara Electric
Bunker
4%
10%
11 Vb
•
..
111
Oct
17 Va
Feb
Jun
7,500
.
9%
1Q4
preferred
Class A
Apr
-
4%
Brown Fence & Wire
"3%
Jan
1
.1,300
66%
9%
V68
20
Davenport Hosiery
22% May
Jan
20 Va
80
116% 117
—-—
Co
Oct' * {
f, Nov
37 Va
D
Jun
19 V*
-•
21%
79
79 y*
Nov
23*6
Sep
11%
950
1,600
-.
M
{
f
il Jan
41
May
SVe
2%
,
fr
) '
101
4
J
;
Eeb ii
,"4
Sugar
Cuban Tobacco common
Curtis Lighting Inc common
Curtis Mfg Co (Mo)
Oct
35
10s
17 y8
2%
280
$6
Tobacco—
ord
7,400
.
Jan
s
l/64->Jan'
27%iJAa 1
;
5% Nov
\
t;
;
|J^
Jan
Jun
20% Aug
3%
16%
receipts (ord reg)—*1
dep
Brewing
Cuban
Oct
Mar
31
*
>•".
I}
Oct
Oct
>46V* pet
-
.i
Nov
NOV
.
JO
preferred
Crystal Oil Refining common
Jun
10%
V ':•
••-'•'•••640>-
•■'•'
-
71
ft 1,011,000
300
36%
'5
1 %
convertible
Nov
Sep
22%
Feb
5% Aug
99%
35%
>«
6%
26;.
....
:34%.Mar- •
1,800
.
14% Nov
?
<-AUg '; :>:*r
8 .'-May,% *
-•4.:
Oct '
-.••-
99
70%
*....
13,800
•
•••
\i
-8:
11% -Jan
,200
8,900
f:
jf
47%
35% Jan
••-f43%-.Jan-.
•10,300
&
M'
Oct
17% Nov
28% Jan
-
200
•
„
4%
4i%
.24%
Crown Drug Co common.——
Oct
5%
Jan
5%
9%
2%
63
2% Aug
•
dep rets ord reg
British Columbia Power class A
flurry
144
Jan
54%
57%
21%
•
Amer
Burma
Jan
14%'
26
23
5%
Crowley Milner ft CO.—
—
Crown Cent Petrol
(Md)—
—®
Crown Cork International A———,
Celanese Ltd—
British
5 'to
110
32
21%
Co
dep rects ord bearer
rets
Croft
55
1,200
2,550
•
**
27
preferred—
Petroleum
Creole
27
1
•
Oil
Feb
37%
•
British
dep
100
57%
Jan
26
1
common
American
Am
55
American
5% Mar
Jan
33%
22%
:
British
Am
55
3%
51
8
-4%
11%
Reynolds
preferred A
Petroleum common—
5%
Jun
27
21%
common
A
900
22%
Bridgeport Oil Co
Brillo
79,200
...»
Aeronautical
Brewster
5%
56%
25
1st preferred
2d
4%
55%
100
Inc
Bowman-Biltmore
5
55%
700
600
Get
13%.. Jun
138
-
1,025
63
lllVa 112
Cosden
Oct
37%
•
-
Scrymser Co.
.Bourjois
•
*
1
(S) ft Co
(H CI Co common.
1st preferred
Borne
$5
...
1
preferred
19%
.
144
v
i
ij "
9
Jan. : : rill
Odt. I
: i
26y8 Nov I
19%-Jan
1% Jan
&V5>4Mji Sep
•eVa .Jan ;
•.; 22 Va Jun H
'*
8,500
47%
19%
Courtaulds Ltd—
•
•
1,275
.3%'
Nov'
■H
|
\
>
'26ya
8%^Jan
17,600
1,500
10%
41%
CorivOn ft
Nov
36%
Jan
f
k
Get
f
110% Mar
50
'
15% May
225
Jan
--11
,
26 Va
3%
common——*
Cornucopia Gold Mines
900
17%
14%
z
Coro Inc d——
3,600
117
100
v -
10%
25
Range
Oct
14%
•
{i
Oct
Feb
-
130
•>:
2,450
13%
Nov
Nov
1%
Jan
%
142 y2
25
-
•*4%
Feb
22%
85
18,200 yy:i6%..Jan
138
14%
-V
.% Aug
,
390
26%
25%
10%
——
Jan
•
i 15%
8
Electric—
Apr
Sep
13%
;
-Oct
21
138 Va
'
11%
139
«
t-15
Jan y
Jan
Jan
-
575
Utensil Co—i—*
46%
4%
16%
15%
56
46
Jan
10%
650
.50
138
Cook Paint ft
Oct
13%
27%
Jan
Jun-H
Feb
25%
preferred
Varnish Co—
Co
prior
7%
Nov
5%
155
22
14%
5^*
:
34%
140%
Biscuit Co————-■I
Bait common..
22%
<•'
Jan
36% Mar
71,300
Aug
46% Nov
!
3 % Aug
'
Mar
14%
-18% Jan
1,400
~4%
3%
•
—
30 Va Mar
250
138
.
Birdsboro Steel Fdy ft Mach Co com—•
7 Aug '
3% Aug %
300
19%
119 y8 130
series B preferred
preferred series C——
A%
Nov
11%
9
v
1,100
35
34
*4%
30% Mar
'
26%
1
Consolidated Gas Utilities..—--Consolidated Mining ft Smelt LidConsolidated Retail Stores——.
Consolidated Royalty Oil————
Consolidated Steel Corp.
.106
Consol Textile Co
...1
Continental Fdy ft Machine Co—
Continental Gas ft Electric Co-—
Oct
145
35
Mar
Aug
-18
■
^i%;::::i%y 29,500
*
4%%
5% Aug
% Nov
8% Mar
7,000
100
•
1
Mar
BO
18
preferred
Consolidated
■12%: Feb
r*
20%
106
4%
32
8,800
••i4%y;: ^
46
preference
Apr
15% Nov
ft Nov
100
....
6% Nov
m
Jun
50
59
Conn oas .ft cose aecur
Nov
43
Aug
3.
95,100
—100
Corp—
Aircraft
40
10 Ve
17,100
3/.
—_—1
Mills Inc common—.;
Bellanca
4%
4%
—8
common—
1st preferred—.—
Ties
'Beck
4%
iJ Apr
•
14
1%
128
ft Southern, variants—
Public Service.——28
Community Water Service..—-———3
Compo 8boe Machinery—
V t c extended to 1946————I
•.
•
•
common
Brummel
Beau
1,200
——
Basic Refiflctorieg tac-^.u-—*-.^—....!
,'Beaunit
100
15%
10%
1
-
48%
•14%
Consol OE LF
Corp-——
convertible
Baumann
41%
15%
———
w ■
ft
$1.20
41%
15%
1
J
ix3^ N0v
11% Oct
€3-
112
—1
Iron wrnts (new)-—
Fire Arms
28
Patent
5%
.:
shares
Steel
Barium
.
1
common
Andes—
los
30
-
Rubber Co
de
19
Commonwealth
•
$3
preferred
14
19%
19%
47
Columbia Gas ft
Baldwin Locomotive—
Baldwin
%
17% Aug f
''950
5%
4%
'.
—-
50:
...
v..'
Oct
Nov ■]
;-:• 15
Plow Co. common—-.—.—*
Development ordinary
Colt's
•
B
Banco
22
4%
Community
.
24% yy,
—100
Airlines
Colorado Fuel &
Oct
27%
27%
46
21%
4,725
1,525
-
'
Corp—
Coal
Aluminum
Colon
Oct
27%
*
77
24%
:
68%
■
21
-
118% May
• • '120
Apr
104% Apr '
107% Jun
12% Jan •
•
18 Va Oct
118
•
Feb
' -122% Apr
500
21%
17%
Neon, Lights
Colonial
Nov
IOV2
1
Babcock ft Wilcox Co.
H
54,300
77
-<?-Cockshutt
Jan
5%
900
20
-
17%
5%
26
11
n*
!IIo
Controller Co_
Clinchfield
27% Oct
1,000
10%
9%
1
Nov
•
17,% Jan
Homes.
& Suburban
11% Nov
Jan
2%
3,400
—25
6% preferred——:
90
6%
26
s
—
Jun
10%
7% Aug
II*
II*
-
:—
City Auto Stamping—.—:
City
•
preferred———.i.-.—--
$6
■
"
Ayrshire Collieries Corp
2,800
16%
—10
Inc...—2
Clayton ft Lambert . Mfg————
Cleveland Electric Illuminating—-
Jan
..200
6%
19
:
—-<■——
Clark
3
9,700
24%
24%
•
5
-
Machine.——
ft Sons common
.100
Oct
8% Aug
% Jan
,
975
85
——
11%
M
Nov
34%
? •
7% July
7% Jan
•»
29
t
Feb
113% May
27% Nov
16% July
6,000
-
11%
—
Jan
9,400
16%
-
Jan
11%
6%
.
IChilds Co preferred
6% Jun
Jun
101
2%
16%
n%
i—a
14 V*
24
11%
common—...———— ^-10
—8
Corp
Claude
2%
800;
200
105% 106%
_♦
Nov
Jan
110 JA
11
v
„
Oct
119% July
Jan
^
20
34%
Apr
51
Sep ';
8%
-
May
19
-
Feb
116
Nov
33
•
5
Chicago Flexible Shaft Co common
III*
Chicago Rivet ft Mach
—1
Chief Consolidated Mining
Oct
:
3% Jan
12.800
6%
10%
—1
Co___
Corp
Automatic
(B F)
6
5%
pfd—100
Fisheries-i—-
Atlas Corp warrants—:
Avery
*
•
;
ft Coast RR Co
Atlantic
Atlas
5%
10%
—21
A
42%
50
18%
•
Jan
100
2,100
.
10%
19%
Mar
12
200
167/e
13%
5%
Cherry-Burrell common-.
Chesebrough Mfg—
Nov
37
Jan
9,300
-
6%
Jan
4,500
13%
Associated Laundries of America
50
y
pfd
Cities Service common
6
49%
com
7%
Power
Power
York
Chamberlln Co of America.—.
20%,May
Jan
20%
3,300
27%
■
ft Elec
Gas
Hudson
l5
Nov
6
26%
Nov
Apr
2.50
Coast
Nov
5%
10%
Industries—
Electric
Atlantic
.7
Jan
Jan
—1
Equipment Corp
Oil ft Refining Co
Atlanta Birm
44
Jan
4 Vi)
5Va
Jan
117% 118
J
*
Aug
100
Aro
Ashland
ft
135
Jan
3,200
5%
American
*
Nov
5%
10%
-
2
%, Jan
Oct
9%
—*
Associated Tel
9%
5%
non-voting
•
—i.
10
Arkansas Power ft Light S7 preferred-*
class A
preferred
Associated
Sep
.
£1
Angostura-Wupperman
6%
Jun
16»/a
High
Jan
275
34
of America
New
1%
26%
16%
.
ft Co
Central Maine
Nov
8%
51/2
•
Common
:
17
-
-
Central
Central
74,500
28
*
Products
(A M)
Corp
Low
4%
25
*
1
pfd
Co com
Castle
Jun
4% Jan
1,775
44
4%
41
11%
133,600
,♦
pi
Jan
L $5
(J W)
Casco
Nov
53%
400
38,200
-
90
41% Jan
...
Carter
Vj29% Jun
1% Jan
150
17
26%
Jan
Apr
-
31
300
8%
43%
Fence.-;
17%
#
16;900
V
Jan
51
300
150
Mar
25%
8,500
......
15%
•
—Jt
common
Co
Jan
Jan
49'A July
Range Since January 1
High
3%
25
•
*
Class B
8%
•:
z&m
—•
41%
41
common
A
class
Co
&
Carman
400
51
preferred
Anglo-Iranian Oil Co Ltd-4-?
Am dep rets ord reg_——
xlllAug
„
Nov
275
lOo
com-
Paper
Jan
p
13%
49%
1
Thread 5%
31
225
Shares
• 1
;
45
3%
n
American
24
2
$6
American
Jan
Products
City
13%
39%
Superpower Corp
17%
Capital
43%
49%
common
Nov
Jan
.,
13%
.10
Seal-Kap
1%
3a
113% 114%
for Week
Low
43%
•
Republics
American
,
Range
of Prices
—1
Canadian Marconi
4,800
42%
1
Co
Chemical
&
23,000
I
Sales
Last
Friday
Exchange
^ yy
y
:
Nov
1,350
23%
American Meter Co—
American
1%
48
36% July
12,500
24
25
Rubber Co
American
6%
■
Week's
Sale Price
Range Since January 1
Low
High
Curb
York
New
Shares
48
*
S T O C K t>
;• for Week
High
46%
100
General
American
$2
48
EXCHANGE
ENDING NOVEMBER 9
Sales
Last
Sale Price
York
New
2293
-*
•
4Va
4%. '
.
preferred———100
99
98
.if*
72
67%
preferred^
>
•
99% "V
76%'
20,800
600
4,400
^3% Jan
4%
Nov
|
Feb
-99y2
Nov.
•
76%
Nov
1
78 Va
46 Va ■ Feb
••■
J
THE
NEW YORK CURB
WEEK
FOR
RANGE
Monday, November 12, 1945
CHRONICLE
COMMERCIAL & FINANCIAL
EXCHANGE
0
ENDING NOVEMBER
Week's
Cork Exchange
York
Sale Frio*
Eastern
States
$6
70
69'/a
-*
Co
Elliott
Inc
Jan
52,400
1,100
95%
Jan
5,600
97%
Jan
105%
70
Jan
140
19%
18'/a
550
140
138
Nov
200
35%
Jan
45
Nov
15
Jan
33%
Jun
50
Sep
44
45
26%
5,000
50%
75
Jan
14
Oct
Jan
4
Nov
Jan
52
Nov
10% Aug
4
3%
4
49%
52
1,300
15%
16%
1,000
32
32
33
42%
1%
66,600
52
50
11,100
Oct
52
108% May
104% Sep
42%
Oct
7%
19
11%
23%
I
Jun
Oct
100
19
441/4
—JO
14%
43
17%
25
May
30%
Oct
33
7% Mar
Oct
Nov
42 %
Sep
Co
Mfg
new
W Class A non-voting
Class B voting
56%
Oct
84%
Oct
16
22%
100
2,600
13%
.
»*>
27
23
Oct
97
Nov
23%
Jun
27
Nov
July
75
Jan
56
2,000
26
*
—.
2,200
26%
26
26
50
8
22% Jan
5
400
3"% Jan
100
24% Aug
6%
47/a
22%
Oct
14%
5% Jan
6%
25
6%
May
27% July
Jan
Jun
28
7% May
8
Oct
5% Mar
~~
27%
28%
17%
10%
20
18%
16%
18%
3,400
29
287/a
29%
31%
28%
.1.2B
(Peter) BrewingCo Distilling
Franklin
Grain & Malt common..
(Geo A)
Ml
5%
Sep
47
Nov
Jun
20
~7
~7%
1,600
39%
39%
250
28
4%
4%
100
23%
24%
500
3% May
14% Mar
33
31%
33%
12,600
67%
66%
68%
1,500
53
Jan
19%
19 %
20
4,400
15
Mar
28%
BO
preferred
conv
Co
Zinc
Illinois
Imperial Chemical Industries—
Am dep rets regis
Imperial Oil (Can) coupon
28%
30%
3,250
13% Mar
100
6V4 July
11% Jan
3%
13,700
34
3%
Jan
Mar
Oct
8%
Oct
41
Nov
6 ¥4
Jun
24%
Nov
13%
13%
13%
2,500
13%
13%
13%
300
Jan
Nov
69%
Oct
May
32%
Oct
7% July
25
25
50
114
114
15
Jun
12% Jan
15
Jun
Jan
12% July
24%
Sep
50
xll2%
Sep
116
98%
98%
30
52
Jan
100
99
99
10
57
Jan
100
Oct
110
113
350
85%
Feb
113
Nov
19% Mar
25
...
preferred.
—.100
Insurance Co of North America.—10
7 %
112%
24%
25%
400
62%
67%
4,200
29%
Jun
Jun
Oct
26% Nov
.
67%
—B0
Warrants
19
Jan
25%
Oct
9%
Jan
211/2
Nov
21%
21%
19%
19%
7,500
18%
Sep
19%
19%
100
18%
Oct
10%
11 ¥2
3,300
4'A
2,300
100
67% Oct
Feb
20%
International Metal Industries A
•
International Minerals and Chemicals—
International Petroleum coupon
19%
aha..*
Registered shares
-•
International Products
10
International Safety Razor B——
International Utilities Corp com
13
$3.50 preferred
B0
—
4
36
39
2,150
52%
53
150
2
81/2 July
21/4
Jan
22
Mar
21% Mar
Jan
13
4%
Oct
23
Jan
39
51%
Jan
53% Mar
Nov
15,500
1 ¥b
Jan
2
Oct
38%
700
17%
Jan
42
Jun
1%
2'A
56,000
%
Jan
21/4
Nov
23
221/4
23%
Jan
241/4
Sep
12%
10%
12%
8,800
8%
Oct
131/4 July
3%
3'/a
3%
8,000
1
Jan
4ya Mar
17%
.18%
1%
1%
35
35%
2%
1
ctfs—•
Royalty
Iron Fireman Mfg voting trust
Irving Air Chute
Italian Superpower A
4
39
Interstate Power $7
Investors
—
11%
Equipment
1
preferred——
Home
Interstate
33%
20
11
Canada—
Great Britain ft
—£1
Indianapolis P ft L 5%% preferred.100
Indiana Service 6%> preferred
100
Ireland
7
14%
1
—•
1,225
19
Jan
20
Jan
7
—CI
•
Registered
Imperial Tobacco of
Imperial Tobacco of
Nov
"
18%
Nov
800
17%
Jan
29%
Nov
32
3,200
17%
Jan
32
Nov
Jacobs
84
10
,55% Jan
84
Nov
Jeanuette Glass Co
125
125
101
,,
42
24%
Dividend arrear ctfs
10% July
125
10
Jan
125
Nov
—
preferred-..
Nov
300
4%
Illinois Power Co common
•
84
Stores
Co
FU
$3 conv stock
VW« W
4% convertible
Apr
38% Feb
11% Oct
26%
11
Co.
Fort Pitt Brewing
20
—
..
..
5,700
14%
27
Motor of France—
Araer dep rets bearer—
Fuller
Oct
93%
Ford
Froedtert
6%
75
14
—-1
com
Association
Franklin
May
86%
Warehouse Co—.2B
(Phlla)
Ford Motor Co Ltd—
Am dep rets ord reg.—
Ford Motor of Canada—
Fox
82
Aug
3
22 %
Federal Compress &
Nov
11
87
Metallurgical.
Fedders
5%
76
Brewing
Fansteel
Fire
5%
35
2,900
43,400
1,650
15
14%
5%
pfd
$2.50 conv
Falstaff
33%
47
~7%
International Cigar Machine—
International Hydro Electric—
Preferred $3.50 series
Falrchlld Camera ft Inst
Fairchild Engine St Airplane—
Jan
46
39%
Hydro Electric Securities,
flygrade Food Products—
10%
Oct
102
Vfe Jan
5,200
7%
5%
241/4
common.
Eversharp Inc new
9%
100'/2 101%
.1
—
High
600
7
preferred
1st
Low
32
47
Ligonier Co.,
preferred
stk purch warrants.
Huyler's common—
Jun
Oct
101'A 102%
19%
Com
Bange Since January 1
High
30
Nov
-B
Pipe Line common..
Eureka
23
19%
-10«
Corp comhion
convertible preferred-
Esquire
Jan
50
Equity
$3
Jan
17
.100
Equipment.
Derrick St
8
100
IB
Electric 5% pfd—
Empire District
Erasco
3,500
.10
common
12%
1,875
12%
101
preferred
5%
Nov
23
19
Corp
National Watch Co
54
54
~6%
Electrographic
Elgin
39%
May
1021/2
•
—"
*
warrants.—
Option
47
11'/4
12'A
*
-
1,025
47% May
22 >/2
$5
1
74>/8
71'A
50 »/4
54
preferred
Washing Machine B
Economy Grocery Stores
Electric Bond ft Share common
$5 preferred
$6 preferred
;
Electric Power St Light 2d pfd
Jan
Jan
975
2,25
Shares
30
Hussmann
Oct
Nov
Nov
Nov
1%
12,700
69 »/2
_•
:#
Easy
42%
4%
74 V8
71%
far Week
Low
Par
High
Jan
Sales
Rang*
of Prices
Cork Exchange
January 1
Low
4%
4 Ve
4%
Sugar Associates—
Eastern
Ban re Since
33%
o
Corp
preferred series A—
preferred series B—
$7
-
3B
Malleable Iron
Eastern
Shares
New York
High
Low
Par
,
for Week
of Fricoa
Last
Sales
Banco
Friday
STOCKS
N«w
Week's
77
II1/4
Jan
19'A
Oct
4%
Jan
20'A
Nov
Jan
1081/2
Nov
30
107% Mar
110%
Jun
130
1081/2 Mar
114
1
17%
18%
8,700
20%
1,600
Lt 5%% pfd—100
108%
108% 1081/2
100
110
110'A
111
111
113
Co
(F L)
20
Jersey Central Pwr &
6%
preferred
100
100
—*
preferred
Julian Sc Kokenge Co
7%
104
29%
50
Feb
116%
271/4
29%
21%
Feb
Feb
29%
Nov
G
Garrett Corp
preferred.
5%
Gellman Mfg Co
io
.1
common.
15%
900
12%
13%
3,600
9%
100
Glen
18
14% Aug
6% Apr,
8% Feb)'
18% Jan
May
Oct
14
«
,
10'A Oct
27
700
28
Sep
100
15f2
Jan
161
Oct
10
101
Jan
107%
Oct
106
Jan
115
Oct
84
107
1,500
1%
Jan
5
Nov
5
4%
5
>
"5,
"4%
"4%
2,000
2%
Jan
5
Nov
150
21%
21%
92
Jan
200
106% 109
13%
Jan
Jan
111%
109% May
20%
23%
1,060
19%
Co
Alden
Oct
106'
19%
100
Preferred
15
Jan
52% May
12% Jan
20
Corp.
Coal
20%
2,700
23%
6,600
Nov
109
Nov
21%
Oct
116%
Jan
110
23%
Kansas Gas ft Elec 7%
Ken-Rad Tube ft Lamp
Bey Co common—
Kidde
(Walter) &
-
^$4.50
class A
•
prior preferred
Goldfield
Consolidated
Goodman
Mfg
Gorham
Inc
Mines
—
19%
5% preferred D
Kingston Products
Kiiby Petroleum.
Klrkland Lake G M Co Ltd
$3 preferred
•
Mfg common;
10
Graham-Paige Motors $5 conv pfd—28
Grand Rapids Varnish
l
Gray Mfg Co
—-I
Gorham
(Cal)
Grayson Shops
Atlantic
Great
Non-voting
v
1%
1st
&
103
52
52
10
Jun
106
July
July
%
Jan
1%
Jun
Feb
39%
7%
Jan
47
Jan
56%
750
'39% Jan
30%
3,900
22% May
13
11%
13
700
17%
17%
18%
900
14%
15%
2,900
135
31
45
•
Products
133
13%
Utilities $4.40
pfd
100
Gypsum Lime ft Alabastine——•
——
135
80
45
650
44%
23%
25o
common
175
115% 116
21%
12%
113
13
—
24%
13,100
131/4
3,200
113
120
13
50
68'/a
69
•
7% Mar
10%
Apr
8% Aug
86
Jan
10
—
1.
Kobacker Stores new common.
7
20%
•
21
1%
300
15%
Jan
16 % May
22 ¥z
Oct
14 y2 Mar
25%
Nov
14%
NOV
20%
25%
500
12%
14
14%
9,900
141/2
14
Jan
9%
Ja n
300
20
Nov
7
Apr
•24%
—
Jan
ic
700
20%
19%
10
10
21
20
21
33%
331/2
25
12%
8% Aug
12'A
25
Oct
Oct
21
Jan
100
Jan
9
Jan
14%
23
Oct
14
52
Nov
Le Tourneau
56%
Aug
Line
13
Nov
Lionel
(R G)
20
July
17%
117
Oct
Lit Brothers
Nov
Class
24%
Nov
Long
13%
Nov
Nov
common
Island Lighting Co—
ctfs of dep
preferred A ctfs of dep
6% preferred B ctfs of dep
Louisiana Land & Exploration
Louisiana Power ft Light $6 pfd
7%
Corp
l_
20,500
•
Oct
28%
24%
2,200
22'A
2,600
30
131/4
28
14%
15%
1%
102
90
8%
9
39
Oct
3
Oct
43
Oct
24%
Nov
Jan
22%
Nov
27%
Feb
30%
Apr
5,900
2%
Jan
13%
Nov
Oct
14
Mar
25%
100
18%
Jan
30%
Oct
15%
8,800
10%
Jan
15 ¥4
Nov
1%
258,200
Sep
2
July
July
104
Nov
28
104
92%
9
112% 112%
112%
B
Feb
13%
38%
50
24
102
Sep
Feb
1%
200
11
12%
80
Oct
2%
21
_
Oct
Oct
Mar
40%
30
22
Oct
12%
11
31
2%
90
1
common
33%
Jan
Oct
Oct
Mar
6% Mar
48
1%
Common
*
Lynch
-
B
10
Steel Chain.
25%
100
Oct
114% Mar
13
A
22%
360
9%
May
7%
11% Mar
13 % Mar
1,000
23%
•
•
common
Groceterias
2,100
401/2
10
25
preferred
Jan
37
2%
8
'
Corp
Lipton (Thos J* Inc 6%
Jan
6%
74
8%
1
Inc
Material Co
Jan
3%
700
36
Nov
37
15%
5,100
74
37
28
Development
Leonard Oil
5,900
7%
4
8%
1
•
*
preferred
Prior
20%
10'A
71/a
1
Lefcourt Realty common
Convertible preferred
Lone Star Gas Corp
Feb
3%
1,000
28,300
14%
B
Lane Wells Co common
;
1
Langendorf United Bakeries class A—•
Locke
8
8,700
1%
99
of Delaware
Corp
Oct
Jan
7
91/8
L
Feb
July
Jun
1
Shore Mines Ltd
47
7%
Nov
75
1
i
Brewing Co
140
10% Mar
78%
Jan
Kresge Dept Stores—
4% convertible 1st preferred—.100
Jun
109
26
Jan
1%
•241/2
—1
Knott Corp common.
35% Mar
127
Apr
52%
43%
1,100
6%
mirnrn
Oct
18
20
78%
8%
(D Emil) Co common
Kleinert (I B) Rubber Co
Feb
i
54
15
25
781/a
1%
Klein
Loblaw
Paper
Stores
Gulf State
70
28%
•
100
Greenfield Tap & Die
Grocery
47
56%
1
stock
preferred
Great Northern
Nov
71% May
Tea—
Pacific
common
6>/a
Jan
Jan
30
—...
24
78%
6%
Oct
Feb
12
130
24
-100
—100
1
Lakey Foundry ft Machine
Jun
13
700
8% May
Co—.—
24%
48%
13%
13
1135%
Lake
3% May
Oct
20%
Oct
Nov
39%
•
class A
Jan
1i5%
19% May
100
154,200
13
700
21% May
300
1%
500
7'A
17% July
17% Jan
8,500
104^105%
—.1
20%
6%
52% May
38
—BO
Co
20 Va
7%
Nov
67
67
^3
105%
1
„
6%
5%
1
—•
Inc common
Godcliaux Sugars
Class
B
20%
7% pfd B
Kings Co Lighting
Krueger
Aug
120
———J
A——.——•
Inc
Kennedy's
Lamson
Gobel (Adolf)
preferred—100
May
18
22
Harvester
7%
159
26%
Gladding McBean & Co.
Gleaner
1% Jan
106
Geoigia Power $6 preferred.—..
$5 preferred
Gilbert (AC) common
Gilchrist
Sep
K
Oct
11%
157
27*
—•
preferred B
•
General Outdoor Adv 6% pfd—;—100
General Public Service >6 preferred-.*
General Rayon Co A stock
•
General Shareholdings Corp com
1
$6 convertible preferred...
—•
Gen Water Gas St Electric common., .-1
Si Elec $6
Gen Gas
.
15%
97/a
10
5% preferred series A.
General Fireproofing common
%
12%
15
11
—.1
Amer dep rets ord reg
General Finance Corp common
67/a
6
6
Alloys Co.:—
Gen Electric Co Ltd—
General
Qct
Jun
92 %
3% Jan
1,300
7,300
10%
10%
y8
10
Jan
87%
.101
12%
7% Aug
9% Jan
9,800
9%
8%
Co commoi
Power
Gatineau
9%
common.
39
600
1,100
21,500
10
100
18
85
Aug
92%
7
Aug
11%
Feb
109%
Oct
114%
Jun
41%
Oct
80 %
32
Jan
Nov
H
Hall
Lamp Co
Bridge
■
Hamilton
Hammermill
Hartford
Co
Ltd
Electric
Light
Rayon voting trust ctfa
Harvard Brewing Co
Hat Corp of America B non-vot com
Hearn
m\
1
common.
12%
8ys
32%
~5'A
6%
8%
9%
Jan
6
Apr
950
13%
27
Aug
35
Jan
62%
Oct
Manati Sugar
1%
Jan
5%
Nov
3% May
7%
Oct
Monppl Rhnrps common
!
$5
convertible preferred
Manischewitz (The B) Co.
1,900
-
35
~5%
20,100
300
7
——
10%
10%
600
48
46
49
600
'
14%
..
Rubinstein.
14%
3,100
15%
14%
15%
8,900
40
Mining Co.
Helena
1%
I
—■- a
Dept Stores
Hecia
35
.28
Hartford
Hazeltine Corp.
8%
(q
950
53%
13%
•
Paper
33
40
13%
950
Class A
Heller
6%
preferred
Henry Holt St Co
Heyden Chemical
w
w
100
_
common
104%
1
common
JJBO
290
104% 105
Oct
11
Oct
Nov
Jan
14%
Oct
8% Jan
20% Mar
15%
Nov
40
Nov
16
Oct
Jan
Jan
103%
Jan.
13%
1,100
5%
Jan
32
39%
4,200
19%
Jan
14% Oct
108
Aug
13% Nov
39'%
M
Nov
49
11
36%
Nov
Jun
11
common
8%
Jan
14%.
Co
5%%
7
29%
13%
Nov
..
Communication
Mass Utilities
*
ft Co class A—
(R)
Hollinger
Holophane
Horder's
Hormel
ft Co
Hardart
&
& Hardart
Hubbell
13%
21
21
20%
Stores
Baking Co
&
For
footnotes
38%
page
14
'
26%
Oct
Mead Johnson ft Co.
'20%
Oct
Memphis Natural Gas common
Oct
Mercantile
Mar
41
May
130
Jan
May
39% Oct
Merritt
6 ¥2 %
Stores
Chapman
A
common
Jan
Oct
38
Nov
Messabi Iron Co
104
Oct
106
Sep
Metal
100
.23
Jan
13
Mar
Textile Corp
preferred
29
Nov
Participating
6,100
40% Aug
50
Feb
Michigan Bumper
16,400
7% May
13
•! Nov
-
ft Scott—'
preferred
113
25
10
10%
21/4
2%
17,300
12%
12%
12%
1,400
.
•
Jan
Jan
1,950
29
2,000
2%
Corp
Michigan Steel Tube
-....B
*
•
100
1
250
15
—1
:—2.50
1,650
2y8 Mar
5%
Nov
Jan
35
Nov
Jan
205
Nov
Mar
18
Mar
33
Jan
40
14%
11,100
200
16
17%
22%
45%
17%
10,100
Oct
5% Aug
6%
Feb
Mar
29%
Nov
20
8% Jan
1
Jan
7% Mar
95
17%
44
22
Oct
38
47%
11%
•
Dredging—
105
46%
291/2
11%
•
14%
30%
5%
271/4
11%
pfd—100
i
•
14
175
5%
28 ¥2
*
—
75
110
12%
2297.
Jan
McWilliams
100
100
1—1
0
common
27
28%
see
Nov
39
•
McColl-Frontenac Oil Co 6%
105
35%
47%
Corp.
73
37
38
Inc
Refining
Fibre
9%
Jan
39
—-
*
__
50
100
~ i
1.100
33
124
•
Corp
(Harvey)
Hummel-Ross
4,400
-
•
common
preferred
Humble Oil
1,400
•
common
preferred
5% %
13%
common
Horn
Howard
13%
Inc
(Geo A)
Horn
5%
73
20%
Co
71%
.J
M.
72%
21
Consolidated G
.10
10
104
17
1,300
—.£1
Co Ltd
$2.50 preferred
Hoe
5,700
35
205
*
*
Association v t
Corp
5%
31
205
33
•
Massey Harris common
McCord
1
.
Mapes Consolidated Mfg Co
Marconi Internat Marine
Margay Oil Corp
Marion Steam Shovel
3%
5
optional warrants
Mar
7
Jan
13% July
2%
Jun
12%
Jun
95
22%
Mar
Nov
36% Mar
46
Oct
12%
18
Feb
Jan
"
U
J«
V
217
225
6%
,6%
225
6%
150
4,000
144
4%
Jan
19
-20%
160
* 20%
109% 109%
230
Jan
270
2,500
50
160
13%
Jan
21
Apr
91
100
Jan
Oct-
6% Nov
Jan
3%
157
160
7%
110
Oct
Oct
Oct
Jan
6%
6%
5,900
9%
.
9%
10%
3,300
~7%
~9%
~9%
14%
15
10,400
'
15
800
Jan
7% Feb
10% Nov
45
6%
Jan
51% Aug
3
Jan
3%
3%
Jan
8% Mar
9%
Nov
15% Oct
2295
NEW YORK CURB
EXCHANGE
RANGE FOB WEEK ENDING NOVEMBER
;
New York Curb
Week's
Sales
Range
of Prices
ftr Week
Friday
STOCK S
Exchange
Sale Price
.
9
STOCKS
New
Shares
York
Curb
Friday
^
Last
Exchange
Sales
Week's
Range
lor Week
ef Prices
Shares
■;!*;.
Sale Price
Bangs Since January 1
Range Since Janoare
1
■
Low
Par
•|
•
Michigan Sugar Co
3%
4
Hiah
4%
Low
22,200
'
1%
Jan
10
13'A
13
13%
3,400
8%
Jan
-1
2414
21%
24'4
6,100
12%
Jan
| Middle States Petroleum class A v t C_1
18%
18%
19%
Preierred.
Micromatic Hone Corp
15% Aug
2% Aug
1,500
i.1
3%
3%
3%
2,000
8
1 Midland Oil Corp $2 conv preferred..*
19%
18%
19%
28,700
Class B
Middle
\
v t c
West
—•■.*—
—
Corp
common.
10%
10%
11
300
Jan
10% Aug
14
24%
23
5
i
Nov
'
Co
Mid-West
50
Abrasive
Oil
Midwest
Midwest
10
Co
Piping
Mid-West
Co
Minnesota
P
&
&
10%
4%
2%
Feb
8%
Jan
27
"4% ~4%
9,900
22%
5,900
67%
~7%
7%
86%
86%
107
—•
31
2.50
-1
.—1
10
Mojud Hosiery Co Inc
Monogram Pictures common
5% %
conv
preferred
24 %
71 %
7%
3,900
87
May
Penn Gas St
Penn
Mar
107
$8
28%
15
10%
5%
Nov
Jan
8%
Oct
Sep
450
13
Jan
13
107
32%
23,000
3
28%
Aug
5%
12
4%
4%
4%
7,200
2%
Jan
5
11%
11%
2,800
Feb
13
•
187%
130
Feb
193
May
800
18% Mar
22
Apr
38%
45
Sep
•
Morris
Mountain
Mountain
Mountain
States
Power
Muskogee
Co
8
8
Nov
2%
3
8,d00
1%
Jan
3
7%
10
22,000
6%
Jan
10
Nov
28%
600
24%
Feb
30
July
141% 144%
80
8 %
28
6,900
Jan
8%
144%
•
2%
•
Ring
common
Powdrell
28%
27%
29
500
18%
18
19
950
13%
Jan
20
15%
100
10
Jan
177/a
18
Jan
144%
29
Producers
2,130
109%
Sep
115%
Jun
110% 111
290
107%
Jan
112% July
3
Jan
1,350
57
Jan
82% Nov
46%
Sep
53%
Sep
34%
Jan-
47
Nov
16
15%
16%
2,100
Jan
18
1,100
11%
11
Jan
15
30
Jan
32% Aug
Jan
16
2,800
25%
Apr
37%
8,800
2%
Oct
3
18
Aug
18
4
Jan
1
7
7%
4,000
8% Sep
15
14'A
15
32%
32%
32%
50
•
32
30%
2%
..
32%
2%
.
3
Ltd Air. Shs——
1
common
13%
6
6%
21,800
7%
8%
10,800
3%
13%
14%
■4,200
1x8%
50
50
10
25
75%
73%
76%
26
27%
650
148% 153
23
7%
Jan
24%
200
23%
•7%
19%
7,500
19%
18%
1,600
11
11%
<
250
1%
16
14%
1%
Oct
6% Nov
25
Oct
23%
Nov
3%
100
45
22,500
Oct
Oct
156
13% Jan;
16% Jan
100
8
45
1H
30
Jan
4
Jan
12%
Jan
6%
31
Jan
11%
Jan
45
8% Oct
:22
1& Jan
"51
July
Nov
Oct
1% Mar
Jan.
76
Oct
16%
44,700
%
Jan
13,700
10%
Apr
14% Nov
8% May
2%
13
8,000
2%
14%.
15
2%
10% Oct
——•
Gas
78% May
117
11
1
•
America
Jan
14% Mar
1,000
45
•
1
of Nevada
Nov
"15% Oct
45%
5,200
•
common
Jan
Nov
8%
Jan
6%
5%
—•
1
Nov
.,
Aug
6% July
Apr
24
24%
10
Nov
Feb
22
.7.50
25o
5
May
64%
1,400
26
153
6%
*
f
43*
1
Co
of
7%
2
RR
6%
!
—
of Canada...—
Corp
*
—28
pfd
Prosperity Co class B
Providence
Oct
110%
.600
Mines Ltd
Metals
Pressed
Nov
Oct
4%
82%
common
Inc
Oct
Jan
•
...
Prentice-Hall
Nov
52
1%
,49%
Premier Gold Mining
Feb
May
Mar
4,000
48%
.
Pratt & Lambert
Oct
15%
129
4%
80%
Alexander..
St
4
110% 111
7%
Co
Scale
Power Corp
47
4'A
49%
Polaris Mining Co
Oct
Jan
8% Nov
83%
81%
common
& L E
Pneumatic
Sep
9%
50
100
Ohio Mfg Co
Muskegon Piston
8
3
•
common
Mountain States Tel St Tel
Murray
43
10
City Copper common
Producers
20%
42%
5o
Investors
20%
•
10c
partic pfd——.
Plan Corp of America
Moody
185
wi
Bess
31%
Jan ;
Mar
•
Pittsburgh St Lake Erie—
Pittsburgh Metallurgical
Pittsburgh Plate Glass
Pleasant Valley Wine Co
Plough Inc common
Oct
Montgomery Ward A
Montreal Light Heat St Power
10 %
179
5%
,78
20
Pitney-Bowes Inc
Pitts
Jan
29
Oct
—2.50
common
Co..
Johnson
Pion<fer Gold
Oct
11%
50
35,400
High
44%
7%
new
Piper Aircraft Corp com
Nov
1
A
Utilities
•
87/a
?
(
,
Co
Governor
Rights
Nov
com—5
Dakota
Montana
29
8%
f
Mar
110%
•
& Power Co
Mfg
Packing
Pinchin
Nov
new
Monroe
;
Pierce
Nov
15
Feb
9 %
Water
Pnillips
Oct
Apr
•
-
Traffic Co—
Pbila Electric Power 5 %
Nov
Jan
9%
Penn
Oct
88%
com
...
Philadelphia Co
Nov
Nov
71 %
29
8%
•
A
Pharis Tire St Rubber.
Jun
4%
class
preferred
Perfect Circle
Nov
24%
104
6,700
35%
1.1
jpower & Light $7 preferred
Pepperell
Nov
Mar
1%
16,800
12
4%
Aug
60
300
Nov
12
Elec
Penn
Nov
42
Jan
100
31%
4%
5%
Jan
32%
Low
40
25
A
$2.80 series preferred
Feb
Aug
46
1,225
14
12
3%
14
1,050
27%
14%
Jan
5,800
22%
—100
pfd
Mar
4,200
12
~4%
•
Molybdenum Corp.;
Loan Society
28%
•
Mfg—
Public Sews common
Missouri
26
800
3%
12
50
5%
L
200
42
1
conv preferred
! Mining Corp ol Canada
Mining
4%
32%
39%
1
.
common—
5%
Minnesota
32
42
—,*
Supply.
&
Refineries—
Wohl
Miller
—•
*
shares
common..,-
preferred
High
•
common...
Pennsylvania Edison Co $5 series p.fd_*
Steel Products—
$2 non-cum dividend
Mid\ ale
Telephone
Pennroad Corp common
'
Midland
;
Peninsular
$1.40
Oct
Nov
19% Nov
16
tow
V.-,-Par
High
4%
12
Mar
16%
Nov
2%
:
Nov
Public Service of Colorado—
N
Nacbman
Bellas
National
1
Hess
preferred
National Candy Co
common
Stores common
National
38
39% Mar
200
19%
Aug
34%
5
16,900
32%
32%
Sep
6,000
15%
Jan
23%
Apr
14%
14%
14%
7,900
11
Jan
14%
16
200
8%
Feb
16
29
300
14%
Jan
30
15
15%
800
11
Jan
16%
Jan
19%
Jun
15% July
27/s Oct
15%
*
15
12.50
14%
14%
500
11%
Apr
National Tunnel
& Mines common——1
2%
2%
2%
6,000
1%
Jun
National
Radio
8%
7
8%
29,900
Nebraska Power 7%
30o
106% 110
5
May
8%
170
106%
Nov
8
14%
14%
14%
300
9
May
15%
•
16 %
14
16 %
500
8%
Jan
17%
14%
12
15%
7%
Jan
15%
Nov
•
9%
9
9%
5,200
1,425
6
Jan
9%
Jun
100
Le Mur Co class A
England Power Associates..
6%
preferred
$2
New
England
New
Haven
New Idea
New
Tel St Tel
Clock
Y
4,125
63
Jan
88%
100
21%
Jan
30%
Co
60
110%
Feb
130
Nov
100
14%
Jan
31
Jun
20%
Jan
30%
Nov
Mar
75%
Oct
128% 130
23%
23%
71%
69%
71%
2,400
63
5%
5%
5%
3,200
2% Mar
40
Mar
&
Y
52%
47%
52%
750
30%
Apr
52%
10
23
22%
23
400
16%
Jan
23% Mar
City Omnibus warrants
Y
N
8%
8%
10
Y
N
Honduras
18%
Rosar'o
Merchandise
8%
18%
x5
12
1,100
25
Mar
Jan
9%
22
Sep
shares
1
Water Service 6%
Niagara Hudson Power
5%
16%
18%
200
109
109
109
100
67
67
71
400
pfd
..10
common
preferred
,
preferred
Class B optional warrants
Niagara Share Corp class B
14%
50
100
2d
4 % ','c
16%
pfd-100
1st
5%
8%
115
7%
113
Jan
1%
5
com
10%
%
10
116
82
Jan
109
1%
11,900
10%
1,900
110
16%
18
11,200
15%
15%
15%
A
2%
2%
2
ft
8%
Nov
Jan
1%
10%
Electric
$6
1
& Power common.-l
preferred
•
North American
Class
6%
B
Rayon class A
13%
Nov
110
18
American
Northern
2
6,300
27%
7%
148
26%
7
140
28
7%
4,900
47
1%
1,000
200
121
35%
46%
•
•
Texas Oil
2%
Apr
Jan
1
Jan
Mar
Jan
<N CO
7%
148
Northern States Power class A
5
~5
*5%
600
48%
Oct
20
25%
40,900
48
1%
Jan
Jan
11% Mar
6%
Jun
Ogden Corp common
Ohio Brass Co class B common
Ohio Power 4%% preferred—
109% 109%
43
43
43%
37%
30%
39.
10%
10%
10%
39%
38
40
Apr
105
Jan
110% Mar
34% May
14% Mar
950
19,600
44%
39
Aug
11
40
NOV
4%
5%
13,600
4%
35%
1,250
22%
113% 115%
50
5%
0
--1
Petroleum Co
Nov
117%
Jan
119%
Sep
110% July
116
Nov
Jan
39
Oct
38%
38
38%
400
29%
20%
18
21%
800
10%
6
•
Apr
Jan.
Jan
10
Oct
6% Aug
800"
28
26%
28%
1st pfd
28
42 %
41
42%
1,700
23
37%
37%
600
preferred
| Pacific Power St Light 1% pfd
..*
108
108
10
100
112
112%
60
10%
600
5%%
common..:
1st preferred
I Pacific Lighting $5
■
Pacific
$1.30
Public
1st
Service
•
*
preferred
|
Page-Hersey Tubes new common
Pan
10%
11%
t
Airways
21%
Nov
| Paramount Motors Corp
Parker
33%
1,100
2,175
2,200
Oct
1%
Jan
5% Nov
1%
29% July
22% Jan
52
22
6%
2%
Nov
24%
Aug ;
Nov
26% NOV
,
NOV
"25
Jan
Jan
'34% Oct
%
Jan
2% NOV
1,800
2%
14%
3%
Jan
7%
%
Jan
2% Nov
6%
2'A
42% Feb
56% Nov
■
26,600
2%
6%
V
22
Oct
3% Oct
V 40
Apr
17% Aug
19,700
2
Jan
-
19
Jan
28%
42 %
36
Jan
104% July
107% Sep
7
Oct
29
42,100
5% July
28,200
8%
Jan
100
8%
Jan
64
75
24%
57
61
-i'eb
10% Nov
26% Oct
9%
24
12
Jan
'
.15
.May
,Ma/-
19%
Jun
19% Jun
200
16 %
Aug
22%
Jan
12%
Jan
22
6%
6%
6%
Nov
9%
9%
9%
1,700
6,000
500
50O
18%
18 %
8%
6
11
Oct
9%
NOV
19%
Jun
Jan
33 :■>
Nov
Jan
19% Mar
Feb
19
Mar
8%
8
6%
5%
6%
7%
2% Jan
6% Mar
18%
18%
Aeronautical Co
*
Consolidated Petroleum... —-•
Ryerson St Haynes common..
109
105% Aug
1,100
32
8%
Lawrence Corp Ltd.
A $2
50
pre!.
conv
5
St Regis Paper common
Salt Dome Oil Co
*
United Corp common———l
®
*
-1
25
25
common
<D A) common
Convertible preferred
Schulte
Manufacturing
Scranton Elec $6 pfd
...——
Bcranton Spring Brook Water Service-$6 preferred—
'
7,700
6% Aug
7
2,700
5
6%
7,100
3% Mar
Oct
10% Jan
9
Jan
6%
Sep
Nov
9%
7
7
1
*
—1
*
•
1
.
10%
6%
44%
44%
Nov
36
Nov
46%
10,100
?
2,900
*'
600
6%
40,700
800
45
119
117
.
16
310
119
700
16%
5%
6%
1,200
"4%
6
~5%
37,700
16%
17%
25%
17%
26
"2%
2%
25%
22%
2,600
350
3%
25%
98
26,500
5,100
9%
:'i Sick's
*
Breweries
350
33%
Jan
75
Nov
1,600
18%
Jan
24 %
Nov
40
44 %
Jan
61
NOV
45
Nov
lib
Aug
124%
Oct
88% Janr
i 10%
18% Oct
Jan
Oct
4'A
2
8% May ^
67
9%
17% Oct
Jan
3% NOV
Jan
25%
Jan
12
Oct
27
Jan
l1/#
VOct
5% Ndv
> Jan
19
Oct
Nov
100
Nov
102
Nov
Apr
8%
6,500
29% Nov
8% Nov
6% Aug
6,700
—
13%
7
"13%
100
17%
4,700
3% Oct
8% Oct
14% Oct
10%
Jan
3% jah
:
20%
Apr
Jan
140% Nov
Oct
116%
Jiily
25%
Oct
-
20%
Jan
Apr
26
July
:116% May
15%
15%
15%
750
12% Mar
Jan
44
5%
5%
6,600
3
Apr
267% Mar
370
32
350
349
350
Oct
15%
5%
—
.
111
20%
common
j;
102%
20
—
—-
Singer Manufacturing Co
•
8% Oct
800
of Canada——-
Ltd
t
200
18
111
Jan
U.
rv.
8%
139% 140%
111
Pattern
125
Jan
f Simmons-Boardman Publications—
$3 convertible preferred
Simplicity
Jan
14%
3
140%
Nov
Oct
Jan
83%
"
common
common
6% Nov
3%
34% Mar
82% Mar
1,900
7%
7%
t Silex
Co
8% Nov
Jan
150
29%
2%
preferred
i Sherwin-Williams
:^4% Feb49
Oct
Sep
5% Mar
Oct
( 15% July
15
4%
2%
22
450
100
102
28
8%
Mining—
Sherwin-Williams
10% Jan
,
2%
Shawinignn Water St Power——
*
5% Aug
5% Mar
42% Feb
~5%
102
Control
Serrlck Corp class B_
Denn
10% Nov
111% Mar
28%
Saiecy
Shattuck
5% Mar i
70%
99
stock—
10
Jan
7,400
8%
3%
~6%
Jan
16%
61,800
7%
7%
46
2%
6,634
36
3%
8
Allotment certificates
Sentry
9%
•3%
42,300
10
8
32%
33
"
(R B) Inc
i Sentinel Radio Corp common
115% Aug
Jan
14
24%
450
18
Ryan
$5.50 prior
38% July
109
Sep
Jan
12%
X73%
14%
31
? Bemler
Apr
8%
1
14%
Nov
Jan
14%
11%
10
100
105% 105%
10
Bros Ino
I Segal Lock & Hardware
j Peiberling Rubber common
*
Selby Shoe Co
1 Selected Industries Inc common
Convertible stock
*
38
14
11%
1
Pen Co
|
25
—Z
9
warrants
Pantepec Oil of Venezuela Am shs
■s.
26%
25
32%
2%
% Seeman
Oct
Jan
x22%
*
;
10%
37%
•
American
25%
22%
20
Seton Leather common
I*
26%
24%
32%
19%
* Scovlll
*.
Co
22,500
22
Nov
35%
112% Aug
115% Oct
...I
Can
24%
19%
I Schiff Co
Oct
Jan
32%
Securities.
Pacific Gas 8c Elec 6%
23
23%
20
20%
Samson
Nov
6%
26%
5%
18
Pacific
500
56%
19%
1 Savoy Oil Co
Oct
700
35%
pfd
1st
preferred..
Omar Inc
■
14%
15% Jan
100
500
V
56%
22
Class
Jun
3,300
*
Oklahoma Natural Gas common
t Oliver United Filters B
;
"?
33
5
'
Nov
106%
50
4
100
ICO
100
Overseas
Oct
825
40
5
Scullin Steel Co common....—
I Securities Corp General
1st
Oct
165
Jan
37,700-
2%
2%
39%
£1
Russeks Fifth Ave
Bt
7% Mar
25%
99%
109%
1
25
1
Public Service 1%
5%
rets for ord reg
"
6%
102
Jan
Mar
*
Ohio
Jan
13
Oct
56
-
i i
76%
Oct
Feb
Sep
5%
23%
•
jl Northrop Aircraft Inc
Novadel-Agen® "Corp
i
f
Oct
y',17%v'?*ov/
Nov
36%
50
.
Northern Indiana Pub Serv 5 % pfd—100
Northern Natural Gas
20
,
«
Nov
18%
156
Ltd—
Ryan
i
I North Penn RR Co
1
Jan
25%
13% Mar
13'A Aug
25
21
32%
39%
Royalite Oil Co Lto
-
Nov
51%
S
Northeast Airlines
s
4%
20"
6% pfd D——100
Inc
——•
preferred
Rotary Electric Steel Co
Oct
19% Mar
26,000
148
—50
Utility Securities
Central
1
1
$1.20 convertible
Nov
15%
Root
Nov
Jan
12% Mar
•
common
prior preferred
North
5%
2'A
Art Metal Works
Roosevelt Field Inc
?
Noma
110%
Jan
"
Ronson
Nov
110
300
Rome
Nov
6% Mar
20
18
North Amer Light
17% jun
Sep
16%
120
14%
Cable Corp common
Am dep
Nov
110
Mines
Rolls Royce
Nov
10
Roeser & Pendleton
May
Jan
Jan
•
110
90
•I
Feb
3%
3
3
pfd
21% May
110
89%
100
Nipissing
290
165
14%
Rochester Gas & Elec
Aug
106% July
64%! Jan
91,200
Nineteen Hundred Corp B
•
98% 100
common
Richmond
Radiator
Rio Grande Valley Gas Co v t c
Nov
1,075
109
109
100
8%
115
Niles-Bement-Pond
conv
14% Jah
105
r
'
N Y State Electric & Gas $5.10
N Y
5,300
>r
Richfield Oil Corp. warrants
Shipbuilding Corp—
Founders
17%
164
•
—10
Railway St Utility Investment A
1
Rath Packing Co. common—
10
Raymond Concrete Pile common—.
•
$3 convertible preferred
•
Raytheon Manufacturing common_.50o
Reed Roller Bit Co
*
Reliance Electric & Engineering
5
Rice Stix Dry Goods—
•
Voting
e% Oct
48
Jun
_•
N
N Y
23%
*
common
500
-900
May,
118% Jun
R
Railway St Light Securities
Nov
1
Land
18%
15
17%
.100
Radlo-Keith-Orpheum option warrants.
Nov
30%
23
& Arizona
Auction
88 %
27%
•
New Process Co common
N
83
30%
•
Jersey Zinc
100
25
18%
Oct
88%
100
Co
10,500.
25.
112
Jan
Aug
•
Inc common
New Mexico
113
100
preferred
16'A
107% 108%
Oct
•
preferred
New
i
15%
15%
99
Quaker Oats common.
6%
preferred
Quebec Power Co—
Nov
Nestle
,
111%
Oct
(Herman) Corp
Neptune Meter class A
Nelson.
106% Nov
Oct
16%
•
—5
II
220
Nov
29
106% 106%
Oct
16
*
Ltd
$5 prior preferred
Puget Sound Pulp & Timber—
Pyle-National Co common
Pyrene Manufacturing
Oct
22
...10,
•
Common
Jun
21
1
Transit
Car
Union
5%
21 %
1
Refining common
Machinery
Steel
33% May
39% Mar
1% 1st preferred.
Puget Sound Power St Light—
Jun
•
Rubber
National
25%
50o
common
National Fuel Gas
National
4%
400
19% Jan
2% Jan
8%
common
City Lines
National
4%
23%
•
Breweries common..
7%
National Mfg &
23%
23
National
National
23%
100
100
1st preferred.
0%
*
Corp
190
Nov
6% Jan
Jun
'
Parkersburg Rig
v
Patchogue
For
& Reel
Plymouth
footnotes
see
Mills
page
*
2297.
Singer Manyfaeturing Co Ltd—
Amer dep rets ord regis
4%
Jan
6% Jun
Monday, November 12,1945
THE COMMERCIAL & FINANCIAL CHRONICLE
2296
NEW YORK CURB EXCHANGE
sr>A
]:
;»
RANGE FOR WEEK ENDING NOVEMBER 9
4
<
*
———
'.
V '.'
»
CJJV
t
j
,
Week's
Range
for Week
of Price#
Share*
gale Price
Range Since January 1
Low
High
Low
;
_
110
&.»ee H p
;6tott* City Gas
•
•J
'
•' '
V
Solar Aircraft Co
Solar Manufacturing Co
—
Nov
5
I
|
29
-25
New England Telephone__100
-10
Phospiiate CO—
.10
southland Royalty Co
50
j: Spalding (A G) St Broz pfd
*
Shoe Corp
Sta hi-Meyer
Inc.1
Standard Brewing ;Co—..<
Standard Cap It Seal common.
{
Convertible preferred
spencer
f.
.2.78
1
41%
Jan
49
Jan
32%
Nov
31%
Jun
31
150
11%
12
12%
12%
78
80
10%
10%
11%
Aug
9%
300
400
2,600
1,600
40%
42%
2,300
1,150
27%
Jan
5%
6%
3,400
3%
Jan
21%
22%
2%
1%
2%
169%
'410
17%
700
1%
95,900
16%
16%
18
1%
5%
5%
5%
8
8%
_1
common.
..,■■■
fefe
■
%
Jan
1%
5%
20%
900
Jan
69
18%
Oct
Nov
4% May
Oct
7%. Nov'
3%s
s
3%s
s
Cement,
Feb
10
Jan
22% Nov
14
925
1%
200
pfd-
Technicolor Inc
800
23%
19% Jan
24
!
15
——If
Nov
Associated
25% Mar
common
& Light
Co
7%
deb
25%
Sep
AConv
deb
Tobacco
Sep
Sep
15%
Oct
A Debenture
1,000
5%
Jan
34
1,300
27%
Jan
26%
28%
7,500
~9%
2,800
19%
18%
19%
22,000
41
40
41
17%
*9
~9
a-
15%
17%. 18%
Stocks
73
—
73
Exports
Tobacco Security Trust
7%
7
deb
Oct
1st
Oct
5s
Edison
Boston
Jan
17%
3%
§ A Chicago
7%
Part
Sep
warrants
Debenture
May
Consol
Oct
3%s
117%
3
Oct
5,300
4
Jan
6%
Nov
2,700
35%
Jan
5S %
May
3%
Nov
3
3%
3%
7,900
Jan
1
11%
4,300
14%
preferred
14%
14%
200
Jan
12
11%
-
102%
111%
Apr
15
j
Rights
Union
«.
Jan
15
Union Investment Co
Union Stk
United
6,100
5% Mar
3%
1,600
23/a
Jan
4
7%
8%
7,600
4% Mar
10
Delaware Lackawanna
Oct
tV Oct
7% July
21,600
400
7%
100
Products
%
10%
7%
100
is
l
__
Chemicals
United
$5
16%
—
Cigar-Whelan
93
Gas
Corp
$3
5
pi
90
11
; 5
14%
15%
4,100
23 V4
25,600
—
..
—
—
—
-
Profit
U
11
80%
preferred
79%
49%
and
S
29%
Jan
16
23%
-
Jan
45
86
: 7,200
11%
80%
400
?
Feb
96%
Jan
50%
15%
16%
15%
17%
400
2%
2%
97%. 98%
9%
10%
13,600
t
375
98%
Feb
Inc..:
4%
5%
4%'
4%
8
7%
8
9,000
20
21
i
27
27
X
i
«300
25
18%
i.
$5.50 priority stocks.
2%
«
Oct
Jan
99%
Oct
4%
Jan
10%
Nov
1%
Jan
5%
Nov
5%
Oct
83
18- Jan
s
4% Jan
18
8%
Apr
21%
Feb
27
Nov
150
26
Jan
37%
Sep
4%
4%
3
Mar
4%
Jun
•
12,000
97%
93%
97%
275
65%
Jan
97%
Nov
4%
4%
4%
700
7%
Jan
v
92
-
Jan
•
4%
100
'
j
4
$4
convertible
89
j Venezuelan' Petroleum.
--.7%
:X
86
8%
<
89
footnotes
see
page
2297.
10%
16Vat
For
H'
to
6,400
14% >16%
230
11%
4,500
..
600
110%
14
117%
121
170
183
180
$112
103%
3
180
110%
113
16
113'%
102%
105 %
—
103% 103 %
—
58%
85%
M-S
79
76%
79%
194
59
85%
M-S
92%
«...
65%
68
67%
67
65%
68
M-S
105%
105% 105%
10
103%
106
F- A
104%
104% 104%
68
103
105%
106%
A-O
105%
105% 105 5%
3
103%
A-O
105 Va
105% 106
18
104%
107
J-D
107% 108
32
106%
110
106% 106%
17
106 %
J-D
$104
J-J
105
106
105%
120%
67
124
101
1
102% 103 %
109%
103%
—
122% 122%
A-0
103
F-A
1
j-j
M-S
Corp 6s
106
105 %
j-j
107 %
107%
j-d
108
108
j-d
$102
105
$74
i,
$105%
a-0
$105
3
54
v
Jan
Jan
9% Aug
11% Mar
8%
Nov
91%
Oct
13%
Oct
16% Sep
5s
* New
,3 NeV
;
rtoH^Tit-ur*
58
104%
107%
5
105%
108
92
«...
101
67
77%
104%
106
—
106
104%
—
106
1051%
1
102%
103 %
20
102%
23
102%
105
106
109
103
103%
$107
M-N
108
104
53%
F-a
50
53%
2
30
62
52
j-d
53'%
4
28%
63
>55
'50
55
53'%
7
37
60
9
31
63
$53
j-j
60
60
53%
3
31
63
85
97
102
91%
94'%
53
71
55'%
j-J
101%
j-j
91%
j-j
106%
Af-S
:
37
100% 101%
56
52%
*.
6
109% 109%
117
...
106% 107
2-.
-*
102%
F-A
' 112
•108
*
"""
102% 103
-
11
107%
105%
7
'
106% 106%
$104% 106%;--
A-O
105%
ilsva 120
ix
117
j-j
61
107%
f.
104
.
■
M-S
j-j
105
95%
37
10
106% 106%
$104% 105
j-d
1948
1967
1981
--2022
1948
1947
—.1948
1950
England Power 3%s
1961
England Power Assn 5s—.:
1948
deb.
102%
"l
103% 104'%
103%
f-a
101%
■*
4 %*
-
—1954
1964
107
106% 106%
113
M-S
104%
j-j
96%
M-S
$106
95%
'
113
2
96%
101%; 109%
■
71
113
J-D
96%
95%
96'a
;~
95%.
95%
96%
'
:
a-0
'_--V
M if-N
<
104%-***5* 13
$106% 108
"
88%
96%
88
v
.1104%
117
97%
93
$106% 107% "
103% 104v4—21
m-n
.
107% 110%
30
M-n
.
108%
105
4
12
'
>
5s
i N Y State Elec St Gas 3V4s
107
j-d
,
76
m-s
:
75
78
64
23
a-o
1963
to
series
COnv-
—
104% 104%
af-s
j-j
,
A
Amsterdam Gas 5s
? New Eng Gas ft El Assn 5s_
6s
101
75
j-j
106%
45
$57%
a-0
90
103%
——
j-d
107%
127%
77
9
101%
106%
124%
—
105% 105%
50%
105%
—
92
80%
33
'
t
Gas Light 4%S
Nebraska Power 4%s
Nov
Nov
Extended at 4%
13
$101
j-j
63%
20
$127% 127%
a-0
1941 coup)
stamped——
39%
$87
Kansas Electric
McCord
141
69
106% 106%
M-S
68
38%
68%
M-S
C
Milwaukee
>
a
113%
9
117% 118'%
130
E
Midland Valley RR—
i
4
common
108%
105%
110% 110%
180
"
f I
fWejayr Corp
18
105
99
79
Power 3%s..,—1966
Electric 6s
2022
4 Kansas Power St Light 3%s
1969
Kentucky Utilities 4s.
1
1970
Lake Superior Dlst Pow' 3%s
1966
i
Sep
24 %
Mar
(Dec
series
■■f New
;.
17
76%
Kansas Gas St
34%
j
104% 104%
78%
1957
1950
1963
.1970
P ft L 3V«s
series
A6%s
A 7s
Jan
lOe
Utility Equities common
48%
29
49
J-J
1955
1955
-—--—1957
A7s
(Aug 1941 coupon)
I
1957
A7s series F
1952
A7s (July 1941 coupon)
—1952
Interstate Power 5S
1957
Debenture
6s
1952
Altallan Superpower 6s.
196$
Jersey Cent Pow & Lt 3 %s
1965
-A6%s
Oct
20%
33%
Utah Power St Light $7 preferred
47%
30%
106% 107
104%
A-0
{International Power Sec—
Oct
Apr
1% Jan
13%
4
Utah-Idaho sugar.
+48%
J-D
Jan 1949
Co—
5%s series B
Indianapolis
Nov
16
4%
1! Universal Products Co
1
Q-F
1958
Service 5s
1st lien & ref 5s—
Jun
50%
8% Mar
2,600
f? Universal Insurance
48'%
47%
Af-N
Power
1st & ref
Oct
Mar
4%
29
J-D
1953
Indiana
Jun
81%
9
4%
I
common
i. U' vVersai Consolidated
I
Illinois
Oct
Feb
44
•;
138
M-S
—-—J*n 1949
Oct
Nov
11%
700
Pow 3%
West 6s
series B
6s
July
May
310
10,200
1,300
48'%
M-S
—1969
1953
1948
1950
1963
A
Hygrade Food 6s ser A
3% Nov
5
•
47
1965
Prod 6s
ft
Guantanamo
Nov
73% July
3,200
17%
~2%
7%
286
Jan
1% Mar
9
1,675-
49%
10%
Reclaiming
»
48%
47%
1950
West 4s
Green Mountain
'
16%
Radiator common
United Wallpaper,
3%
15%
common
i
International Securities
Rubber
-2%.
16%
Foil Co ciass B_.
United Stores
•
9%
14% Mar
6%
3%
11%
48%
29%
Bank—
Rayon Co 6s ser A
Grocery Store
i;{ Nov
Jan
275
Sharing..
$5 1st preferred with warrants
U 8
Oct
38
rets ord regis
U S Graphite
U S
127%
20
22%
United'Shoe Machinery common.
"4 I--; Preferred
United Specialties common
«U 8
Nov
•A
United NJ RR & Canal—
'f/ 10%
;
90
29%
15
29
103
1961
Grand Trunk
Sep
3/64 Apr
23%
A General
Oct
28%
620
—7
120
48%
FA
1993
1993
Fuel 3%s
RK bs
Power 3%s
Pub Serv 5s
General
Molasses Co Ltd—
Amer dep
2; United
17
Feb
109,000
-10
common
48 %
47%
& Western RR—
Water Lt &
Gatineau
Feb
29%
Railways
46%
of N J Division—
stamped
5s
Nov
71
18
Products
47%
47%
47%
A-O
1969
Finland Residential Mtge
Nov
8
Jun
98%
100
Elmira
Oct
Aug
%
participating preferred
VA 'United
10%
Oct
22
—
—
United Light St
United Milk
%
Stores.
warrants
United Elastic Corp
c;orp
United
13%
9% Mar
3,300
common
preferred
United
15%
—
United
.6 %
59
—
16
102%
29
F~ A
2%s ser Q
—1976
(Bait City)—Gen mtge 4%s
1954
Continental Gas ft EI 5s
.—1958
Feb
•
Yds of Omaha
Aircraft
12%
3%
9 %
1
1971
mtge 3s ser P
Eastern Gas ft
11%
e-o
" 129%
92%
76
47 Va
47%
(Bait)—
4s ser A
1st mtge 4s ser B
3%
•
102% 102%
123
J-J
1st ref mtge
Oct
8%
,
Canada.
5
12% May
7%
12% Mar
18
...
of
Gas
12
13
1950
1958
1969
El Lt & Pr
series N
ref
1st
Jun
tnw
Corp
102%
J-J
1
1093/8 109 %
Consolidated Gas
U
Manufacturing Co.
109%
Jlf-S
Jan 1966
1st mtge
Realization
J-J
65%
Gas
Lackawanna
Udyllte Oorp
101% 101 %
125% 125 %
J-D
A-O
1948
5s
5,800
1%
108%
108%
5s
Debenture
6%
11%
j107
100
ctfs
Service 5s
Conv
deb
8s
99% Nov
48'/4
5%
46
Inc.
Tung-Sol Lamp Works
convertible
Rys 5s
paid
Jun
112
High
104
109
5 %s
Sep
May
Low
101%
103
1927
Oct
13% May
1% May
71%
Sold
No.
Low
1954
Nov'
Jan
Range Sinee
January 1
Bonds
Bid ft Asked
111
2%s
Edison
73
~2%
2%
6%.
Oct
110%
1957
1860
1998
.1962
1970
18%
-10
2%
May
Oct
4%
106%
1964
Apr
Trans western Oil Co
48
5%
Jan
Jan
-
104%
JACentral States Electric 5s
111
1
Oct
3
Week's Range
or Friday's
tlol
J-J
1977
Jan
1%
1
Last
Sale Price
Nov
61
930
99%
96%
15
5%
11
107
Bickford's Inc 6%s
'
107% Mar
Dlen
22,000
39
series B
Oct
.100
Unexcelled
4%
40
C
Nov
.100
Tri-Continental
M 5s
series
19%
7%
.
6%
9% Nov
Oct
22%
12% Feb
108% 109 %
3»/4S
41%
preferred
preferred
Tonopah Mining of Nevada:.
Trans Lux Corp..
4i
4%
-
110% 111
Bethlehem Steel 6s
*; 9% Jan
M
12% Mar
1%
85c
4%
195C
Cities
Shlpyaraa Corp
Trunz
2,500
109%
5%s A
Sep
Co Ltd—
rets ord regis
recs def reg
Jan
300
10%
8% Mar
8V4. Aug
19%
9%
Telephone of Canada—
Bell
29
Jan
9%
1,100
Nov
Aug
>
110%
5%s—
Janf
4,700
7%
5
1,700
112
Oct
Nov
122
Sep
6%
70
93/»
19 %•
10%
—
13%
5,500
73
Jun
47%
5s
26
350
18%
9%
34
19% Aug
115%
17
Product
dep
7%
Nov
.
12% Nov
Jan
110
19'/2
—1948
—1949
—1950
1968
AConv deb 5s
33"
9%
6
10
110
110
9%
500
12%
10%
—
1953
4V2S
57
A
Amer
—
1961
1970
2024
4!/2S
Jan
Apr
28
.
common.—..
Allied
St
Toledo
22
28 Va
July
J-J
4%s
Elec
Registered
pfd
Realty ft Construction..
Tobacco
Todd
21% Nov
Jan
Nov
23
18% NOV
Feb
iAssociated Gas ft Elec Co—
10
100
15
9
& Land Co
dep
Jan
11%
22
12
40% July
,
M-S
Writing Paper 6s
Appalachian Elec Pow 3%s
Appalachian Pow deb 8s
14%
33%
Roofing Inc
Amer
13%
21%
18
May
•
J- J
Amer
45
1,550
24%
23%
23%
'
Tilo
14 %
500
1.250
2838
Wo
Aug
Jan
19"
2010
6s
32
Jan
900
32
50
Inc new common
Tlshman
4,400
25%.
Friday
Nov
3% July
Jan
23
Amer Pow ft Lft deb
Oct
Atlantic City Elec
Shovel
150
27%
1950
1960
-1970
AConv
Taggart Corp common.
Tampa Electric Co common
Textron
18%
Interest
f debs
s
AConv
Thew
18
—'
31
Jan
12
3,900
2%s
Nov
Assoc T ft T deb
Texon Oil
25
American Gas ft Electric Co.—
Inc—
•
$2.50
3%
30%
1
■
Power
175
8»
£1
f deos
6,100
-
Nov
37-
150
-
f debs
9%
9%
2%
Jun
23
27%
25
Oct
14% July
164
39
54% May
6%
21%
Feb
High
18
200
31
Mar
37
Period
20%
8,800
2%
9
3,000
18
•
York Curb Exchange
New
Apr
11% Jan
7%
25%
...
Apr
Mar.
7%
21
.
113%
38%
Oct
6%
Co common.
Nov
9% Nov
Jan
Jan
23
36%
38%
Oct
15
25%
jgwan Finch Oil Corp
Texas
21
pfd—100
10
——2
—1
preference
Oct
26
53
80
M
,
Nov
Nov
Oct
10%
700
4%
5,700
8%
5%
45
Jan
Oct
9%
18
Nov
2% Jan
3% Jan
900
Oct
Sep
9%
Portland
A
17%
17
17%
Machinery...
Class
18%
12%
12%
21
Wright Hargreaves Ltd
169% Nov
Jan
x7%
| Bun Ray Drug Co.
! Superior
Jan
Nov
16% Mar
j .Stroock (S) & Co common
M0 -Common
2%
6%
9%
21%
receipts—
deposit
American
45
37% Nov
Jan
3
3%
Nov
Jun
,
135
.10
I Woolworth (F W) Ltd—
:
9,600
9
12 %
&
Petroleum
Woodiey
2%! Nov
11%
2,400
^[/Bunneu (Hugo» Corp.
I' 8ulli van
Nov
105
600
8
22%
61
1st preferred—
6%
Jan
i
Sep
{'s Jan
?<j Jan
C)
2,600
5%
Oct
26 y4
114
111
—.3
Woodall Industries Inc
Nov
27
9%
Mar
350
8%
43
—
—10
Inc.
Winnipeg Elec common B
Wisconsin Powei St Light 7%
Wolverine Portland Cement
i
Oct
6%
Jan
18%
65,800
10,200
160
169 %
Willson
Oct
45
—
Co
Products Inc-—
(R
Williams
•
2,100
1%
43
8
Wichita River Oil Corp.
Oct
N#r
2%. Oct
Mar
17
Nov
12%
10
U Jan
2%
39%
2
-
80
4% May
Baking Co warrants
Weyenberg Shoe Mfg
Jan
.
5%
Jan
Mar
17
37%
4%
8%
;9%
Jan
10
1,000
6%
36
36
*
—'
Westmoreland
Sep
m
Jan
5
900
Nov
12% Nov
Jan
38%
2%38 %
150
11% Aug
x51% Apr
...
I5% 2d
v-■ ;V
jSterling Aluminum Products
il S Sterling
lnc_
4 Stetson (J B)
j
Jan
8
1,700
10
9
134%
2,000
12%
9
29% Mar
10
12
Sterling Brewers Inc.
Sterling Engine Co¬
s
100
31
150
12'/a
High
107
1.28
West Texas Utility Id preferred.
•
West Va Coal St Coke
8
Western Maryland Ry 7% 1st pfd.. 100
Western Tablet St Stationery com
*
Westmoreland Coal
20
Oct
30%
5
26 V*
23%
BONDS
'BiSterchi Bros Stores
;
70
600
Low
—
100
—
Wayne Knitting Mills
Wentworth Manufacturing
Sep
32%
£r
Steel Co of Canada
(A) ft Co common.
'i'
May
'
trust ctfs ext—•
Class B
Ward
49% Nov
38
46%
Stein
m
Oct
46
2%
Preferred ill
;—...........
"
Standard Products Co
,
.......1
Standard' Sliver Lead
—J
A\:
i
31
Jan
27
Wagner Baking voting
7%
prelerred
Waitt St Bond clans A
Nov
31%
2%
: Standard
Tube class B
—1
U Starrett (The> Corp voting trust ctfs._l
v
100
Co
Aircraft
Waco
Nov
8
46'
22%
;Common class B.
\
42%
1,800
21
•
:
49%
4%
11%
32
6%
4 jl
$1.60 convertible preferred
M Standard Oil (Ky).
Standard Power St Light..,
)•
Jan
31
.—10
Standard- Dredging Corp common.
vt
; |
Jan
4
12%
Line
Pipe
Southern
7%
1,700
48%
.29
2% Jan
1,400
7
Range Since January 1
High
W
Jun
12
12,800
48 3 4
.10
original preferred
F*CICUW
preferred B.
'/a%■ preferred series C
| Southern
I Southern
j
22
Jan
4%
6%
J29
6%
O 70
'6%
Jf
'
7
Jan
7%
11%
6%
Low
19% July
10%
4'/a
—1
vV South Penn Oil
«' southwest Pa Pipe Line
I Southern California Edison—
12
Shares
Apr
8,100
10%
45a
11
iiSoss Manufacturing common.
South Coast Corp common
>
10%
11%
—
| Sonocone Corp.
;
113
13,500
18%
16%
18
f
■
Feb
for Week
Mr
High
19% July
i Smith (Howard) Paper mils..
,
'
Sales
Range
of Prices
Friday
Curb Exchango
York
New
Week's
Last
Sale Price
STOCKS
Sales
Last
Exchange
Cork
York
New
Friday
STOCK 8
■7
97%
105% 108
-101% 105
102 y4
105 y4
105%
109%
1ft
S'p-df-:'v-*:-'"i--."v-*'r'
jyx'*
■
Volume 16£~ Number 4437*
bonds
Friday
,f
New l«k Curb Exchange
V;^|; Interest
Period
\
Last
„
N Y St Westchester Ltg 4s
.2004
High
"
Ohio
Public
Service
■
,
Pacific
JOftfi '
102
106%
No.
Low
102%
,-8'
103*4
.1955
A.
106
-4
107
P-A
5
73%
73%
Philadelphia Elec Power 5%s
Philadelphia Rapid Transit 6s
Portland Gas ft Coke
5s
106
2
107
107
M-N
$105
3-D
-
105% 107%
f
United Light &
$106% 108
Debenture 6s
*
103
105%
63
_A5s
I
73%
:
»
F-A
M-S
>104
-1950
J-J
113
112% 113
20
107% 107%
1959
-1964
of
1949
6%
New
perpetual
101
101%
Real
M-N
1952
4%s
Estate
105%
Southern
California
Southern
102
J-D
A-O
1st mtge
Southern
3s
1965
1970
108%
>
A-O
106%
106%
96
106% 106%
92
101
26
105%
107%
1
105%
109%
106
$104
$104%
106%
105
F-A
1«70
F-A
$102
Southwestern
106%
2022
108%
Af-S
$109% 109%
104%
1989
M-N
100
(A G)
Gas
(stamped)
Conv 6s stamped
May 1948
May 1948
6s
Btandard
Power
AStarrett
A-O
106
105%
A-O
105% 107%
105% 108
41
96%
St
Light
19
96%
110
F-A
105%
105% 107%
23
96%
ACauca
Stinnes
(Hugo)
A 7-4s 2nd
107%
106% 108
81
96%
United
Electric
J-D
53%
4100
77
F-A
106%
106
108
58
96%
109%
1957
F-A
107
106
107%
16
96%
110
A-O
6s
>;i!
v.*
^
•
Curb
■'V§'v7
i
^
'
'■
009%
1
105%
110
V;
116%
'
119
160:;.;
-
105% *;
.101% A
•99
101%
4 *;$ *! *,•*
Friday
Exchange
Interest
7s
99%
101%
■' •■
■.
v-1
.
Week's Range
Last &&
Sale Price
■
—
J-J
1953
M-S
7s
7s
63
"; $27%: 29
—
-i
65%
$28
—
'
.
62'?i
.90%
30
19
-21%-22%'
M-N
32 J -;
-76.
90
'
-
'
60
$86
'
.27Mr
r
...
30
37
16%
-
22%
38%
45%
32
$44
36%
A
2008
M-N
1951
stampea
84
84
2
58
85
J-J
57
57%
4
30%
J-D
333>4
33%
Mortgage Bank of Bogota—
A7s (issue of May
1927)—
1947
M-N
$50
1947
A-O
$50
51%
46%
51%
1931
J-D
$19%
22
22
22-
1972
J-D
901
92
75
92?i
45
45
A7s
(issue of Oct. 1927)
92
A5
—
12
47%
-
AParana
(State)
7s
1958
Stamped pursuant
Interest
ARio
de
Janeiro
M-S
2008
M-S
'
38%
Plan A
to
reduced to
2%s
6%s—
^45%
1959
44%
45'
37%
46%
J-J
$36%
37%
36%
37%
1919
pursuant to Plan
Interest reduced to 2%
ARussian Government
6%s
J-J
-2012
Stamped
J-D
13
8%
14%
1,938
sy*
22
3-3
12%
8V2
,14%
622
5Y4
21%
A
-1921
58
deposit
•No par value,
1946
A-O
1968
J-J
57
107
57
107
2
27
57 %
* Cash
sale,
d Ex-Interest,
Ex-dividend.
x
•
e
Odd-lot sale,
—
.
<.1
.
.
„
Under-the-rule
n
10
sale.
s
-.
104%
108 %
108%
111
HEx liquidating cash dividend of $22.50,
103
6
tFriday's bid and asked prices; no Bales being transacted during current week.
.r
.4
ABonds being traded flat.
-M
t
\
* ■&:;
IReported in receivership
?
£
s
.•
,*■*
•
107
10011
107%
109% 109%
r.
Deferred delivery sale,
a
106%
>
1
Light
1st lien
St
J
.1949
48——
J-D
Power Co—
5%s__.
St
1959
A-O
106
106
(Delaware)
5%s_i952
A-O
103
102% 103
cons
United Lt St Rys
106
plus stock
distribution.
•
>■<
,
United
"
.74%,;
$93%';-—■
'
J-J
1958
pursuant to Plan
Interest reduced to 2%s
High*-
Low
$74%
F-A
AMaranno
January 1
No.
'
Danzig Port St Waterways—
A External 6%s
stamped
—1952
ALima City (Peru) 6%s stamped_1958
5s
Range Since
Sold
Low
;r474'%tr-,,
;—
J-D
Extended
Bonds
Friday's f?
or
Bid St Asked
■
A-O
M-N
5%s
A5%s
-1946
3Vis
N
• -
166
104
>4100
3-D
1955
110
stamped
Edison
I04-
1948
Industries—
Toledo
P-A
.1937
r
Valley
Danish
110
3-D
(Hugo) Corp—
A7-4s 3d stamped
ACertificates of
45
Lid''
*,
110
1966
1
Corp inc 5s
Stinnes
5
.1950
-Dec
debentures.
gold
105% 106
1957
6s
77
a.
105
-1951
6s
Debenture
89 %
__
Electric—
6s
Debenture
73
.108 "108;
Mortgage Bank of Denmark 5s
105%
'•
f 116%
AMortgage Bank of Chile 6s
5s—
St
stpd
J
Agncultjiral Mortgage Bank (Col)—
A 20-year
7s
April 1940
A
20-year 7s
Jan 1947
Bogota (see Mortgage Bank of)
106
Spalding
115
4118% 119
1959
Period
111
8s
•,...
4106% -109
108
BONDS
105%
1951
Btandard
77
J-D
A-O
1947
York
AMeuelliu
Rys 4s
L
:
H
M-S
v
'
t
109% 112%
v
-■
-
,115% 115%
—
Stamped
J-J
Southwestern Gas & Elec 3Vis
&
-;
—
■
■■
1
Foreign Governments & Municipalities
109
127
90
96
106
107
125
—
96
159%
104%
108% 109
$99%
1971
P
1904
AStaraped 5s
(Calif)—
3s
Indiana
151
$124% 125
M-S
3%s
Gas
Gas
"
.
■
106%
104
106% 1061/4
M-3
1951
106%
J-D
1952
..1951
.
Edison
California
Counties
5s
M-N
t
yOQaft ' ■'
109
158% 1591/4
A-O
1979
6s
Scullin Steel inc mtge 3s
Southern
Co
-409% 109%
High
Joaquin Lt St Pwr 6s 3^
ASchulte
Rys
F-A
,
1954
•••■
debentures
106%
109
Jersey—
certificates.
Water
Harbor
San
106%
■|
High,'
■
'
;
102%
10
106% 106%
3-D
Queens Borough Gas St Electric—
5Vis series A
Safe
X
8
'
"
/"
;
1
.
'
114%
104
3-D
Sinking fund deb 4s
Service
conv
>:
■
.2023
Penn Traction 5s
Western Newspaper Union—
New
mtge 3Vis
Public
109
.106%
Public Service Co of Colorado—
1st
January 1
.Low
:
■"
'
'i
'.No.
109%
1
$101% 103%
105% 105%
M-S
Bangs Sines
Sold
Low
109
106
Bonds
Friday's
Bid St Asked
High
..
'■
7 '
debs
W'
-
V or
-"
A
Hotel-*
income
-'
1952
West
107%
-
106
Co—«.
stamped extended
Corp (Can) 4%s B
Power
Week's Bangs
-Last
v
Sale Price
-
Wash Water Power ,3
%s
West Penn Jaeetne-Kw
IA York
108
series
"'Watiori-Astcrrm
•
1972
.1962
"
Interest
Railways* (Maine) •••* - £
series A—
Utah Power St Light Co-
103%
104%
$106%
J-J
..
Friday
Exchange
'
58%
:105 </l09%
104% 109
■101%
104% 105
M-N
1979
-
Curb
Period
1
*101% 102%
J-J
-1977
Pennsylvania Water St Power 3%s_1964
3%s
1970
9.
New York
98%
58%
23
105% 105%
F-A
-1964
5s
2297
High
*101
58%
106% 106%
P-A
Penn Central Lt St Parr 4%s„
1st
■•';
- ;
?
92 %
A-O
-
1948
Light 5s
1st mtge'3s
NOVEMBER
6s
.
y*-.">7« a*' '
■,
A-O
ft
Power
Park Lexington
ENDING
|
January 1
J-J
-1962
4s
WEEK
6s
1971
Oklahoma Power ft Water 5s_
;
FOR
Range Sines
Sold
Low
58%
^ rffc tntgaS V^ti:
mtge 3s—
1st
;
-•
BONDS
Bonds
Bid St Asked
!
paid
>.4;"w
'
Friday's
or
Sale Price
J-J
North Continental Utility Corp—
V
A5%s series A (21% redeeraed)_1948
RANGE
Hi*,1;
Week's Rang*
".W>
Part
f-j.' i r
* .r,
^
NEW YORK CURB EXCHANGE
-.t;
^7l3hio
;>•
4>'/ V'
*•&£$*-'
"M- tft.
***?
7
'■■
THE COMMERCIAL & FINANCIAL
CHRONICLE
i,
.
Abbreviations used above—"cog," ceruxicates 01 aeposii,-cons," consolidated; "cum," cumula¬
tive; "conv," convertible; "M," mortgage; "n-v," non-voting stock; "v t c," voting trust certificates)
"w I," when Issued; "w w," with warrants; "x w," without warrants.
OTHER STOCK EXCHANGES
RANGE
FOR
WEEK
ENDING
NOVEMBER
9
Week's
Friday
Baltimore Slock
Friday
STOCKS—
Exchange
Week's
Last
Range
of Prices
For
Arundel Corporation
Bait Transit Co common
Preferred
Eastern
v
t
6%
c
t c
v
HOO
1
Sugars Assoc com
Fidelity & Deposit Co
Fidelity & Guar Fire
Low
25
v
t
1
c_
39
13%
24%
6%
39
12%
for
Week'
•
High
25
Low
6%
1,099
40%
238
13%
527
8
92
High
155
2.75
20
25
Oct
Apr
Jun
Cities
Nov
ft
Century
7
Jan
40%
13%
Nov
162
58
58
58
210
46
Jan
58
Nov
—
28%
28%
300
27% Sep
30
Apr
Jan*
168
100
Hecla
Mt
of Texas
pfd vtc —25
6£
Vernon-Woodbury Mills pfd— —10Q
New Amsterdam Casualty
2
North American Oil Co
120
32%
121
116
32%
48c
—25c
32%
48C
87%
130
26
1,000
5
U S
50
pfd—
39
39
50
Commercial 5%
Fidelity & Guar
44%
45%
83%
85%
91%
91%
30
Feb
32%
Nov
Jun
38%
38
48c
Oct
Sep
Mar
Preferred
Eastern
—
Gas
&
Fuel
5s
series
Eastern
'Jan
43
45%
A—
—
.1975
70%
Apr
86%
Jun
76
$32,000
4,500
Friday
Week'a
Last
STOCKS—
Apr
91%
Sale Price
Par
•
Fisher
American
Agri
American
Tei
American
Woolen
Anaconda
Copper
ft
Co
6%
5%
1st preferred series A
preferred class B
preferred adjustment
1%
200
65c
100
LOW
6
38%
220
53
185"
luu
*
;—
194%
28
"
188% 196%
2,864
25'/.
28
256
39%
—1—50
40
875
"
*
-—I—100
Albany RR
Boston
Edison
Boston
Elevated
Boston
Herald
Boston
&
23%
135
132
23%
Apr
135
312
25
Traveler
44%
45%
78%
78%
79%
225
common
Service
Electric
41%
39
41%
484
•
Corp
Lamson
Bakeries
-100
100
—100
*
class
A
Loews
RR—
class
100
A
1st
pfd^—41—
/-Stamped
class
B
7
pfd
2304.
100
100
'
77
7
Oct
105%
75%
3%
15
3
135
96
,.Jun
71
Jan
99%
Feb
Oct
;
250'
14%
Jan
2iy2Mar
i
'I
92 Vz
20 y4
18
13%
14
16-rtr
-
1514
16%
15
13%
14%'
"ley*
15
-
887
Mergenthaler
29
v
NOV
Jan
Jan
23%
/ 135
;r
Oct
NOV
Oct
Va
Jan
46,
81"
Jan
41%
25
276";
160
10 V*
9
Jan
Aug
90
|-
-20%
500
»
-
4% Mar
July
17%
18 v
555
12
39%
41 y4
33
.85
31>/2
422
58%
58%
60
42%
109
v
44.52
45.05
405
36%
48%
1,571
37%
19
Jan
Feb
16
May
Jan
.
-Jan
47%
23%
7%
22%
7%.
6%
pfd__
V/»:
18
13% Mar
;
;
!
common
preferred
Util
——
Associates
.100
.100
„_1
vtc
Linotype
•
7%
18
50
,
—
'
48
-51
2%
2%
1%
Feb
•
/ 47
!
Nov
;
18%
Jun
Jan
12%
Jun
41%
.
i'
JunI
.
5%
.
<
Jan
Oct
45%
Jan
17
Jan
62
Jun
'
/
r-r-v,7 ;
2%
Jan
1
400
161
83
64% -Apr
300
00 w
OS 0
■
Jan
40
-
.
15
322
|
-Nov
24
>20
492
7%
7
)
Sep
49%
M
■
Nov
45.05
Apr
35%
35
i
59%-Oct
"9Ya Mar
412
,
Nov
.15
10
46
Nov
V 6% July
60c
July
100
-45%
18
■
378
90c
20 •' '
46
-50
-25
*
80c
20
80c
351
-24
Oct
41%
33
Jan
v
Narragansett Rac'g Assn
Inc
National
Service
7Va' Jan
Jun
:
'
r
Nov,:
f
North
Anr
Old Colony RR
Pacific Mills
«
8
.Jan
Jun
Jan
10% Mar
Apr
Butte
25%
45c
57c
•
100
68
68
300
129%;
268
.
15%
13,654
2.50
Mining
(N
RR
65
128
84c
50
3%
1,297
59%
59%
59%
42%
42%
43%
,
22c
Quincy Mining Co
,
„Jun
355
2%
2
♦
109
Stone
Suburban
Jun
St
Webster
Elec
Torrington Co
Inc—
Securities
17%
•
18%
18
40%
40%
•
>
94c
33% Aug
43%
1% Aug
3%
»'i
;
'./V
496
10%
Jan
4%
Jan
50
35 y4 July
Nov
Feb
-i /
18%'Oct
Apr
81
Nov
38% Mar
14%
5%
OCt
5
727
41%
Nov
.
131%
Jan
18%
*
5%
com.'——•
*
May
65 Va Oct
30c
17%
17
•
Shawmut Assn
Nov
129%
Jan
Jan
f
Nov
68
Jan
July
Mar
115
v'!
19% July
Jun
30c
-
*
NOV
57C
17
Feb
42
109%
1,334
2%
.i! 3%
•
RR
4,984
3%
100
50
25
—
86c
80c
131% 131%
100
H)
—
Pennsylvania
17
22
23%
55c
Jun
17
18
566
24
1
Nov
25%
'
5
Cos
New England Gas & Elec Assn—
'.>5%% preferred
New England Tel St Tel—,
NOV
Xl6% xl7 "
—1
Jun
16
Aug
-10% Mar
14
Nov
Jun
40
5'/a Mar
10
97
v
.y-'- /.
Nov
9%
178
;
105 y4 106
97
10
Theatres
Boston
Maine Central RR
196%
Jan
Jan
60 V*
30
vr .
j
99
Jan
44%
Copper
(Del)
5%
23%
2,570
7
13
16
100
stamped
For footnotes see page
14
-100
1st pfd stamped
74%
13
r_100
100
1st
Stamped
—'
1% class C 1st pfd
class D
76
100
prior preferred
preferred stamped
5%
Oct
July
Feb
High
10
1-
6%
:—•
-*
Corp
Northern
Maine
3%
2%-Jan
106
47%
3%
—*
B
Mass
69
Nov
124
78%
1
Jan
37
"
Jan
80
Corp
Capital
Nov
115% Aug
2,047
-IOO
Ry
44%
Nov
NOV
100
•
55%
17
Nov
1%
Apr
75%
Stores
National
38%
9%
Feb
26 y4
99
32
41% Aug
156% Jan
29
55
113
14,
3%
3%
18
29% July
"
9
Apr
30.62 Mar
72
41%
Kennecott
Range Since January 1
52%
124
■
Sep
July
98 V2
72
•
■Class
50
■
124
1
Inc
Public
Nash-Kelvinator
10%
1%
a
34.75
16%-Jan
•
Lines
SS
Hathaway
Shares
10
38%
Bird & Son Inc.
3%
458
Engineers
Int'l Button Hole Mach Co
High
*
com
Tel
;
10
.100
Sugar Refining—._
Chemical
of Prices
Low
l
Inc
American
7%
50
26 %
18
-60
Nov
,
...Sales
for Week
.
Range
6Va
467
8%
34.75
4
Nov
Boston Slock IxckRijge
Boston ft
„
■■
Feb
7%
34.75
common—100
Gillette Safety Razor Co
&
41
25%
100
—100
Street Ry
Mass
General
.
76
34.75
—1
*
General
i-
Jan
56
"
First
Alles
8
13%
Associates—
4%% prior preferred
6 Yo
preferred
Eastern
—
?: Low
27
Employers Group Assoc
.1975
Range Sinbe January 1
s
18
55
55
Oct
125
Bon«x«—
Baltimore Transit Co 4s
—:
High
18
July
Mar
25c
305
Shares'.
25
-
_
Mining Co„
Conn & Passumpsic River RR—
6%
Seaboard
Sales
for Week
-
10
Shares Trust
Service
Common
Houston Oil
LOW
•
Trust
Cliff
Feb
10
161% 165
Calumet
Jan
16
.20
.
Corp
Prop
Range Since January 1
I
■
Personal
Boston & Providence RR
705
Range
of Prices
-
Boston
Shares
;
For
8ales
Sale Price
STOCKS
Last
Sale Price
i>
18% Oct
IVa May
41%
Jun
THE COMMERCIAL &
>98
FINANCIAL CHRONICLE
Monday, November 12, 1945
■. f
OTHER STOCK EXCHANGES
RANGE
Friday
Week's
La it
Range
•f Pricee
Union
Drug
Fruit
—5
Co
Rubber—
15%
90
Warren
(S
D)
Co
71%
75%
72%
Oct
National
75%
Nov
North
90c
17%
287
50%
50%
51
37%
45
35
1,033
59% July
American
Jun
13%
1%
Feb
Northern
Jan
90c
18%
Oct
Northwest
Jan
51
38
May
155
17%
*
57%
17%
Low
150
10% Jan
2% Mar
17'A
350
74
300
48'%
Jan
74
Nov
32
32
350
15% Mar
39
July
47%
52
200
36%
52
Nov
23%
24
200
14
10
20
common
Corp
Bancorp
14 %
350
5%
2
com
•
14%
*
common
57%
5%
Jan
17 »A Aug
11% May
Jan
Nov
Nov
24
Sep
16
Feb
30 »A
Oct
—
29% x30
400
23%
93
88%
93
100
43
Jan
—
•
common
High
73%
common—•
common.
Car
Illinois
Co
Cooker
4
Range Since January 1
High
15%
19%
19%
20
16
Feb
74
74
50
33%
Jan
8
2,950
4%
Jan
106'A 108
220
98
Jan
109%
Oct
Nov
31% July
Low
1
common
common
&
Standard
51%
50
Shares
'
156
193
Co
Co
Ward
Pressure
80% May
Jan
Brewing
National
73% July
17
12%
Westinghouse Electric Corp
Montgomery
675
17%
•
*
System Inc—
Monroe Chemical
Oct
70%
74%
Venezuela
Waldorf
Nov
80
79%
69%
79%
Smelting Ref & Min common—50
Holding Corp
1
S
Oct
27%
120%
Jan
155
457
10
U 8
U
35%
Jan
Mar
30
27%
for Week
•f Prices
Par
Minneapolis
90c
28
Mach common
United Shoe
350
35%
26 %
115%
Sales
Range
Sale Price
STOCKS—
1
High
Low
34%
27%
—*
Inc.—
Week's
Last
Bang* SInee Taneary
114% 116%
35 %
5
Drill
Twist
United
Share*
High
Low
Par
United
\
Friday
fer Week
Sale Price
STOCKS—
'
WEEK ENDING NOVEMBER 9
FOR
Sale*
Nov
36
Nor
West
7%
Util—
preferred
100
93
Nov
19 'A
Nov
74
Nov :
'
Nunn
Bush
Shoe
2'%
common
BONDS—
& Tel
American Tel
$800
155
154
1956
3s
conv
118%
Feb
Parker
Pen
\The)
Co
10
common
Peabody Coal Co class B com—
G'/e preferred
Pennsylvania RR capital
Peoples Gas Lt & Coke cap
Poor
Chicago Stock Exchange
Week's
Friday
STOCKS—
Adams
(J D)
Admiral
Mfg
Corp
Shares
Low
Advanced Alum Castings
Aetna
Ball
Bearing
common
Allied
Products
Corp
Public Service
American
Tel
Co
&
Armour
Asbestos
Tel
&
pfd
capital
Co
,
Rights
Brewing
Piston
(AM)
Serv
$6
pfd
preferred
States
Co
t
t
Lt
&
pfd
Jan
Jan
Jan
6% May
9
7,400
5%
Jan
9'A
s%
2,100
Ve
Oct
■J2
Nov
300
16 %
Jan
25
36
250
26
Jan
36
27
600
16%
Jan
27
Nov
15
250
107/a Mar
15%
Oct
19%
2,760
7%
Jan
19'A
Nov
28%
400
18%
Feb
28%
44
650
24
Jan
44
32
150
23%
Jan
33% Aug
Nov
11%
2,050
5%
Jan
ll'A
45%
46%
350
32 %
Apr
46'A
Nov
10%
500
6'A
Jan
10%
Nov
24%
24%
25
600
13%
Jan
25%
35
111
2"%
Nov
B
0
23%
25
300
13 %
Jan
25
Nov ;
1
7%
7%
150
Car
19%
Jan
111
%
Jan
250
20
22
14
6,300
li
82%
Jan
16%
16%
33
33
100
19 %
625
16
68,350
3,400
J
•
63'A
62%
63%
47
49
26
26%
150
1,200
8 Va
Nov
20%
Apr
33
•
44%
44%
45
600
72%
72
72%
280
33
32%
33
180
30
July
46%
xl7%
Aug
24%
Roebuck
Sears
Serrick
&
Co
new
capital
(The)
Co
Commonwealth Edison
Coram on
South
Standard
Stein
class
Storkline
Furn
A
Corp
1,550
17%
2,700
14% Aug
750
19%
20
1,300
tl9% Aug
12% Mar
51%
53
340
26% 'Apr
Trane
Co
Eddy
Paper
Eiei tric
Elgin
Corp
Four-Wheel Drive
Fox (Peter)
General
Oct
33%
17%
Candy
class
General
Gibson
Outdoor
Safety
I"'\
Razor
Bros
Inc
16'A
Jan
26'A
Nov
3%
Jan
8
If*f ''
Gossard
Co
(H W)
Dr
8
Heln
&
17
Jan
Jan
Jan
23'A
23%
100
14% Mar
80%
82
&
Rys
^
0
Wieboldt
Wisconsin
Woodall
Zenith
Inc
common
Interstate
Iron
Prod
Radio
Corp
Unlisted
SaUe
&
20
Top
Bethlehem
Steel
Corp
Co
Electric
17%
19%
150
10%
11%
3,750
40%
40%
100
16%
17
700
39%
40
700
common
$1
Ar
Univ
t
Nov
oct
I
Nov
Nov
40
31% July
14%
37% May
Jan
26
102 % Mar
11%
Jan
•
Nov
104 %
17%
Aug
Nov
f
8'% Mar
22
Oct
>•
7%
11%
NOV
42
Feb
Jan
35
July
New
ll'/s
18
Jan
Oct
29'A
Jan
40
Nov
Jan
100%
Jun
Nov
200
67%
Jan
x96%
8%
1,200
5%
Jan
8»A
Oct
48%
48'A
300
38
Jan
49%
Sep
12'A
12%
100
9
Mar
12%
8
8
__
Oct
34%
30
34%
700
22%
Aug
34'A
Nov
—5
237/8
23%
25
1,200
15%
Jan
25
Nov
•
Corp
29%
297%
31
2,300
22
Jan
32'A
Jun
28
Jan
44%
Nov
48%
Jan
64
Nov-J
17
Jan
22%
NOV*!
York Central RR capital
1
•
Incorporated
Oil Co
(The) common
Republic Steel
63%
•
Corp common
16
Nov
26% Mar
39%
Nov
Jan
40%
Oct
Standard, Oil of N J
Btudebaker Corp common
25
i
100%
Nov
101%
Nov
U
10
3 7/8
Jan
.10%
1,300
167/8
2,700
27%
700
16%
|
10%
Jan
19'A
Jan
28 V2
Oct
29'A
•
22
100
22'/8
157/8
22'/a
63%
22'A
27'A
•
Standard
Jan
45 %
Nov
.!
56'A Aug
18% Jan
65 Vq May
*!
30%
Sep
57
72%
Oct
Nov
jf
Oct
Mar
44
600
19
Jan
44
27
4,050
15
Jan
27
6,050
4
Apr
6
10
39
Mar
52
Rubber
*
common—^
Co
common
28%
30
500
52
29%
52
5
Aug
Nov
52
S
Brands
Nov
6
Nov
Nov
16%
19%
2,150
13%
Jan
19%
Nov
28%
28%
50
24% Aug
34%
Ctocinoati Stock Exchange
Sep
Nov
19
Feb
59%
GO
300
49%, Feb
60
23
23
100
16%
23
Last
13
Range*
of Prices
Sales
for Week
Shares
Range SInee January 1
Nov
1.3
Week's
Friday
Sale Price
Nov
_I
137/8
200
74
74
75%
1,200
21%
*
21%
21%
100
11%
6%
Feb
Jan
75%
Nov
10 %
Jan
21%
12
4,750
11% Nov
24
600
13% Mar
19
100
Par
American
American
Nov
11%
19
Oct
62
22%
II
14
Jan
12%
9
Jan
16
Jan
18 7/8
Feb
25%
Oct
22
Jan
38%
Nov
19
Nov
Laundry
Machine.
Products
42%
43%
*
1 %
43%
High
LOW
High
Low
-20
194
32%
43%
Jan
1 Vs
30
6%
40
H
Oct
3
1% Mar
Jan
1
4% May
4% Jan
'
Prior
preferred..
Participating preferred
Oct
Nov
24
207/s
21%
850
24
24%
1,050
38%
24%
38%
100
21%
Oct
18
19%
11%
Apr
19 %
Nov
\
19%
20
250
13%
Apr
20%
Nov
14
15
400
10% Jan
15
Nov
55%
57%
150
48
Jan
21
21
14'A
Jan
57%
i/4
57/8
18y
18
*
150
10
6%
600
Oct
Baldwin
:
preferred
5%
10
10
100
Brewing
Burger
~6%
7
iS
107 y2
*
13
12 Va
10
Oct
Oct
:
103
107 »/2
13
6%
10
240
May
109
Sep
;
9
Mar
13
Nov
t
6% July
7% Jan
18%
Oct
Jan
41%
Jun
37
Oct
18%
700
38%
200
20
37
300
25% Aug
6% Jan
80
12%
Jan
39
Ball
Crank...
Gas
&
Cincinnati
C
N
O
&
T
5
Eleql pfd
common.
1
r
10
50
21
Aug
23%
Sep
29%
100
20% Jan
29%
150
13
5
'
8
10%
55
;
58%
Hill."
14
54%
si
58%
1,000
7
1,650
950
60
6%
__
~
m
I
Telephone
Cincinnati
2
30
Union
7
15
Dayton &
Michigan
pfd
....
Eagle-Picher
Early & Daniel
Formica Insulation..^
Gibson
Art
100
--
.10
Co
56
38%
58%
Jan',
4% Mar
May
Nov
8
1,200
600
7%
Jan
19
Kov
70
37%
Jan
45 y8
common
Inc common
preferred
For
11%
■
vtc
173/3
liy8 Aug
2304.
—10
10%
23%
5,400
7%
Jap
12%
Nov
900
?:
67A
Jan
11%
Nov
200
5Va
Jan
11%
16%
17%
100
*
13% Mar,
400
13%
Jan
3678
500
18%
23
1,050
8%
Apr
19%
6,400
lO'/s
Jan
27A
Jan
18 %
-
5%
i6%
,
6
16%
10,200
»
500
12
Jan
Nov
23%
Jan
.21%
iqia
115
Jan
15%
.
Nov
Jun
Nov
S
>
93 %
Oct
16
Jan
40%
Jun"?
8% May
15
Nov
Mar
100
Nov
Jan
11
July
28% Mar
...
8%
*
Nov
-
36
Nov fji
40
Jan
56
Nov
46
5
56
198
Jan
36%
Jan
50
Oct
28%
150
27
Jan
32
Mar
22%
22 V2
22%
25
16
Jan
22%
14
——
14
14
Jan
15%
8%
—
65%
"8'A
65'A
48
8%
9Va
66
.100
244
244
*
preferred...
class
"47%
9'/8
—10
Procter & Gamble.
,
Nov
76
Apr
13%
50
28'%
——
Randall
20%
Mar
28
76
56
27
27
A
•
■'>;
26%
20%
55
"
98
36
36
•
May
88
4
480
85
752
1
Nov
Jun,
8% Nov
;
Feb
9%
Jun
■}
55% Mar
66%
Oct
10%
3
*
Mar
8%
7
25
"Apr
234
25
248
Sep
Apr
27
July
-
:
■
Class
U
S
S
»
B
225
3%
10
45%
Jan
58%
28
28
28 Vs
14
14%
Jan
51 »A
51%- 51'A
22
43
Jan
27%
27
25%
337
15%
Jan
26%
136
18% Aug
10 y8
9%
10%
127.
73%
23 Ya
73%
75
165
22%
23
45%
45%
5%
...
Playing Card
Printing
Ilio
:
5% July
Feb
5%
58%
25%
—
,
58%
Oct
29
Oct n-i
Sep
.
36%
-
6
_
10%
23%
-t
~
12%
11%
-
*
150
inn
20%
\ 471/2
Nov
~~
15
100
100
76
,
Meteor
19
'.f
68
20%
Lunkenheimer
National Pumps
Preferred
45%
""
150
36
O
II*
—
Jun
17%
10%
109%
Jan
78%
40
15
37 Va
6%
Oct
108
8%
93
14%
2% Mar
106%
1,122
14%
Yards
Crystal Tissue
Nov
45
12%
15 V*
35%
Stock
-50
14 */a
93
15'A
Corp
14
iHi/n
1
1,767
111
-50
Cincinnati
11%
Jan.
7% Jan
52% Feb
45%
_
6'/2
107
111
Nov
10
10%
*
50
37/8
107
-20
Cincinnati Street
Crosley
6V2
.100
P
Jun
23%
29%
~~
Nov
32%
23%
IIIIIIIl
10
31
3!
Cincinnati
■
36%
9%
Nov
21
37/8 Jan
38%
II
""I
•
—III*
coml—III*
common
1
"lis
Dredging Co common_I__°
Hart
prior
i
Sep
96%
96 %
96%
•
Radio Corp of America common
44%
1
Mickelberry's Food Prod com
Middle West Corp capital
Mil'*»r
31 'A Mar
|
Oct
Nov
76%
•
1
Oct
22%
preferred
Field
..
16%
Co
Nov
Jan
com_»
& Llbby common
Printing Co common
McWilliams
250
16%
39%
Iron
47%
35'A
Lindsay Light & Chemical
Marshall
60
xl43A
1
21%
13% Mar
100
common—
Material
400
*
,
Jan
75
in
common
Llbby McNeil
Une
1,600
17%
Paramount Pictures Inc
U
Lincoln
37
26
103%
103
50
100
*
common
Jan
36
1,600
.1
$6 pfd
Mfg Co vtc
Ext
1
Stocks-
Copper Mining—
& Santa Fe Ry com
7%
4.100
5,900
44%
___»
.—
(new)
common
Cumulative
158%
11%
*
common
Pure
21%
II25
Katz Drug Co common
Kellogg Switcboard
common
Kentucky Util Jr cum pfd
Kimberly Clark common
La
827/8
Nov
xl4%
Manischewitz
Leath
Jan
•
capital
Nov
3
♦
Power
Fireman
Joy Mfg Co
59 y8
158%
100
5
common
com
Machine
33%
44%
10
Brlok Co capital
Illinois Central RR
Steel
23%
150
*
Bankshares
Indust
103
23%
26
6
Jan
20%
21
Independent Pneumatic Tool vtc
Indiana
34%
*
common
prior pfd
28%
21
__io
com
Borders Inc -common-.
Illinois
26%
48%
100
400
40
40
—
El & Mfg com (new)_12J/2
Stores
Cumulative
Nov
44%
*
com
cap
Parts
Motor
Spencer Bartlett
Hupp Motors
158% 158%
100
common
18%
17
52
common
Dk
Brew Co G
Werner
a
Oct j
79
July
1,550
5
•
Printing Co common
Harnischfeger Corp com
Hibb
43%
24'/4
—•
Hall
Belleman
Oct
,."V:
'
Lakes
43%
27
1
common
common
Nov
Oct
46
10
common
19 %
36%
Westinghouse
General
5
common—
Refrigerator Co
Gillette
Goldblatt
Great
Adv
Jan
100
Co
Inter lake
l
A
13
120
STOCKS—
General Finance Corp common
General Motors Corp common
200
450
Preferred
Jun
200
33%
21%
5
common
19
Nov
98 Va
*
U S Steel common
Jun
1,000
18%
1%
common
Transp
19
Va
48%
Light
49%
10
-
23
25%
26%
8
18
5
27
Mar
98%
United
Apr
97/«
15
Co
Auto—
Brewing
Amer
General
Util Corp
Watch
Apr
16
47
25%
•
17
4,300
25%
capital
Nash-Kelvinator
5%
6
50
300
6 Va
48%
Carbon
Oct
1
(The)-
Housenold
National
class A
Inc
Jan
27
22%
5%
25%
common
&
Feb
»
common
3%
27
22%
6%
27
6
(The)
Carbide
75
•
common.,
|
La Salle Street Corp com__*
Union
117%
20
industries
;
Nov
Nov
Jan
190
Cup
Nov
53
39
Nov
100% 101
10%
10%
rvimestir
20
Apr
Jan
54%
26
Dixie
19%
--
31
Co
208 South
Jan
25%
100
Dodge Mfg Corp
;
t
Jun
1,200
63
10'A
NOV
17% Mar
39
114
.2%
20
36%
38 %
10
pfd (new)-lOO
Apr
20
27%
38%
capital
27'A
39%
common
14 %
18%
25
Swift & Co
Oct
39%
cum
Sep
Feb
24%
25
Lighting Inc
9'A
16 y2
Atch
100
CUdahy Pack 4%%
Jan
Apr
Nov
39%
Curtis
5%
14
49
39%
common
800
1,050
Jan
20
Co
9%
Oct
15%
35
10
Crane
Nov
15%
Anaconda
200
com
39%
15%
American Radiator & St San com
22
America
Oct
5
Sundstrand Machine Tool common
Oct
46
of
35%
25
10
common
FeD
20
Corp
5,800
17'/a
5
common
64
»
Container
Oct
39%
19%
*
common
Corp
Jan
1
B
31%
17%
1
Co
&
Stewart-Warner
53%
50
shs vtc
30
Jan
Dredge—
Jan
Consumers Co vtc partic pfd
partic
Jan
18%
27%
•
7%
Consolidated Biscuit common
Common
Nov
23%
350
8'/a
8%
2
Spiegel Inc common
8t Louis Nat Stockyards capital
40
33%
21%
1.250
50
30
38 Va
39
*
capital
75
'
24 Va
>■-
Jan
30%
»
Works
Lathe
114
25
23
5
new
Bend
75
*
common
f
Oct
Slgnode Steel Strap Co—
Sinclair Oil Corp
114
25%
Nov
102
Apr
30
1
Corp class B common
Corp common
Martin (Glen L) Co common
5
Inc
24'/8
I
Nov
29%
"
Pullman
Coleman
23%
*
1
common
76%
10
:
76%
capital
*
com
340
50c
Co
*
Co
99%
10
Curtlss-Wright
100
common
98%
—
7%
Nov
20%
f
Western Ry—
Uten
100
99
1
(new)
Cummins
Yates-Amerlcan
Jan
Jan
Nov
6%
164
21% Mar
19
170
9%
;
22%
*
common
common
Electric
Nov
20
Jan
140
Nov
Nov
3'A
Jan
6%
163%
5y«
162
8%
.
22%
4% Aug
16% Jan
Nov
35
99'A
50
3%
.
Jan
240
950
35
110
9%
Co
Common
Walgreen
...1
pfd
Nov
93%
Sangamo
Oct
9%
•
43%
Jan
Nov
19%
Aluminum
Nov
Nov
Nov
16%
Jan
69%
Common
25
11
3%
33%
100
Jun
40
"
common
capital
Service
Club
4% Nov
12% Oct
7%
3
—
*
Chicago Towel Co conv pfd
Cities
1%
750
1,800
5
Corp
5Vc
Common
3,850
5%
32
20
6%
common
for
4%
Feb
15%
44
32
11%
'
300
93%
Schwitzer
Nov
Nov
14%
27%
163%
common
North
for
c
c
19
50c
:—.
Chicago Flexible Shaft common
Chicago Miiw St P & Pac com wi
V
6,900
preferred
Convertible
V
196
Jan
common
otiiuugo Corp
&
Jan
6%
14%
•
common
Pr
Burrell
Chicago
158%
24
——•
Util
Belt
100
35%
27
15
1
*
common
Preferred
Cherry
135
11%
24
10
common
Pub
Illinois
111 Secur Corp
Chain
Oct
8%
8%
—10
Central
Convertible
Feb
113
5
1
Ring common
Central S W
Nov
29
60
14%
4%
43%
93%
50
Nov
50
11
4%
5
common
Central
Central
11%
19%
57%
700
196
12%
Jan
11%
7% Aug
16% Feb
19%
128
14
5
•
*
.
Brothers
Co
650
.
Oct
14
57%
57%
196
——1
(E L)
&
10%
1
Common
Castle
10
1
Corp
Mfg Co capital
Laughlin Inc com
Brach & Sons (E J) capital
Brown Fence & Wire cl A pfd
Burd
Jan
19%
•
—10
common
common
&
Butler
7%
1
.
Binks
Co
13,400
125
—3
common
Co
Co
Mfg
Bruce
12%
8
common.—
H)
(W
Bastian-Blessmg
Bliss
12%
i-
w
Berehoff
15% May
s%
Washer
Co
Belden
18'A
Jan
1
4
Mfg Co common—.
Aviation Corp (Delaware)
Barber
Jan
10%
5
common
Athey Products capital—r—
Automatic
15%
5,725
57%
42
100
Rath Packing common
Raytheon Mfg Co—
Jan
200
13%
10%
10
100
100
common
American
High
Low
17
•
Laboratories common
Allied
Bang* SInee January 1
High
13
'
8% Mar
j
17
__
Steel
——
common
class
(The)
Quaker Oats Co
13%
12%
*
1
5
•
common
common
Pressed
for Week
of Frices
Sale Price
par
Co
Co
7%
77%
5
100
Salef
Range
Last
&
Potter
74
,
17%
367/8
23
>
6
Unlisted—
Jan
American
Nov
Cities
Columbia Gas
Nov
16% •Nov
Rolling Mill
Service >
General
Motors
;
Pure Gil
Standard
,
51% Oct
1
/V/I//'
Nov
19% Nov
.
II50
Preferred
Brands
..10
4
Jan
28% Nov
26%
Novf;
10% Nov -v
Sep yh
62%
Jan
75%
148
187/b
Jim
23%
Nov U
93
28%
Jan
46%
Oct:/
■
V
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4437
Volume 162
2299
OTHER STOCK EXCHANGES
t
Week's
Friday
Last
Cleveland Stock Exchange
Scotten-Dillon
Last
of Prices
Share*
Par
Addressograph-Multigraph
Brass
Akron
8c
Body
a30
•
Range Slnee janaary 1
Low
Hiah
22 %
120
a31%
31%
7%
760
6%
15
15'/2
1.342
11%
100
5%
Jan
Jan
8ya
U S
Nov
City Ice & Fuel
•
a24% a25 '/2
235
20%
Jan
25%
1
a24% a24%
10
19"%
Jan
26
Jan
10%
12%
1,935
5%
100
5%
5%
55/8
GVa
.
1
,i
5%
6%
11%
12 Va
12%
*
7%
7%
Elec
Cleveland
Cliffs
111
4Ys%
Graphite
pfd
•
Cleveland
&
Electric
Navigation
®
Controller
Tire
Firestone
Rubber
&
General
Electric
Co
com
Bros
Cooperage class
4%%
(MA)
Hanna
Harbauer
A
pfd
Apr
5%
Jan
2%
Jan
5% NOV
2,206
3% Jan
5% Mar
2,270
16%
720
6V4
Oct
12% Oct
5
common
Radiator
6% July
7%. Nov
16%
Nov
16%
Nov
10%..:
9%
10%
2,730
4%
Jan
10%
Nov
1
2%.
2%
2%
2,520
1%
Jan
4
common
200
1
common*
8
7%
8
•'i'.-.u
2»/a
Iron
&
40
Portland1
Jan
49%
Sep
Jan
39
Oct
25%
32
48
July
24%
135
14«
Mar
24 y8
Oct
8%
T
Oct
37% Aug
26
205
48
Jan
56 y2
108
127
106
Oct
110%
90
8%
Jan
10 y2
39%
Jan
60"
Member Eos
Oct
FACILITIES
Angeles Stock Exchange
Listed — Unlisted Issues
Nov
60
8"% Mar
12%
388
Jan
40%
100
27%
Jan
42 Va
13% Mar
17 V2
Jun
14%
14%
110
7%
Jan
14%
40
100
23%
Jan
40
Norv
13
148
4%
Jan
13
Nov
85
20 %
Jan
29%
Sep
40%
14%
Cement
*
*
13
1
100
12%
a29
Los Angeles
Oct
Acme
...
National
Refining
National
Tile
28%
29%
"
class
Nestle-LeMur
a29%
,1
common
6%
6%
:
:—*
A—
14
15
814
6%
■
265
14
(Un)
Brass, class
Ohio
Oil
*
—_
B
:
(Un)
Bale*
Week's
Republic
Steel
U
*
Oil
|
21%
Jan
32 y4
Jan
33%
16% Aug
20 y4
16%
24
27
27%
422
19% Jart
28%
984
39% Mar
50
9%
25
al7
143
19% Aug
27
160
45
66
*
481
58%
Jan
82%
524
18%
Jan
29 Va
Oct
10'/2
210
7%
Jan
10
4%
25%
Warren
I
0
27%
*
Tool
Vlchek
White
Works
Iron
10%
3%
27%
July
•
610
2%
Feb
4%
35
26 y4
Jan
39%
Steel
Door
a25% a25%
20
20
Mar
27%
it
5%
4%
6
6,932
Oil
—
Packing
Corp
Fuel
*
Iron
of
Inc
Electrical
Sep
Exeter
:M-'
Television
A
Corp
Randolph 5530
Inc
BTOCKS—
Range
Allen
1
Electric
15%
*
Manufacturing
Brown,
McLaren
Burry Biscuit
Consolidated
Continental
Detroit
common
Paper
& Cleve
Detroit
Gray
Steel
Detroit
Eureka
Federal
23
16
16%
550
7V4
3,185
6%
IV*
25
24%
Pacific
Nov
1 % May
3
Jan
11%
Nov
18
Jan
23
Nov
7%
Ranch
Richfield
Oil
Corp—
Oil
Corp
common
Ryan
1% Jan
4%
Nov
130
5%. Jan
10%
22%
265
15% Jan
23
Oct
Safeway
16
15%
16
30 0
14 %
16
Nov
Security
•
Feb
14%
14%
14%
997
9% Mar
5%
5%
5%
400
4
11%
11%
540
7% Mar
14%
Company
Shell Union Oil Corp
Nov
5%
Apr
Inc
Stores,
Oct
Sierra
Trading
Corp*
Signal Oil & Gas class A
Gemmer
Mfg class B
Finance
General
General
Goebel
3
Industries
Wood
Gar
Motors
a
.
common
.
_
10
_
Valley
Hoover
Ball
Bearing
Motor
13%
200
75%
1,635
6%
9%
-
Jan*
13%
Nov
Solar
Jan
75%
NOV
Southern
7%
Oct
14% Jan
200
7
62%
200
3% Jan
755
6%
10
5% Jan
2%
2%
609
24%
2>/4
17'% Nov
Sinclair
6%
common
Jan
Jan
1%
27% Aug
Southern
Car
common
25%
710
16%
16%
370
12%
Jan
16%
Oct
23%
23%
115
16%
Jan
25
Oct
Sunray
29%
30%
785
15%
Jan
Lock
&
25
.
s
29%
.
Mfg.
__
6 Va
iv*-
_1
23%
—
(R
C)
Screw
A
MrClanahan Oil common
Die
Michigan
Michigan
Motor
■
...
Motor
i
3%
9,245
30%
100
1% Jan
1 %r
1 Va
Nov
Transcontinental
Nov
Union
4%
4
4
3%
—
5
2%
Jan
iy«
Jan
4 ?
Mining
2% Feb
3,313
:
4%
.
Black
Nov'
Nov
31
135
24%
Jan
31%
Oct
18%
456
13%
Jan
19%
Jun
8%
Nov
8
8%
4%
4%
3,336
5%
Jan
2,850
3%
Feb
Oct
100
8%
835
27 %
455
50 y4
18c
1,408
17%
--
NOV
10
Oct
27%
Feb
4c
54
226
7c
73% Nov
Jan
23c
Jun
/l4%j Aug
11
Jan
36%
2,598
32%
900
30y2
31V*
567
30
Mar
39
146
39
Nov
53%
54
1,088
39% Jail ^
45%
53 /*
46
1,747
39
7 Va
24%
--
*18%
19
a67%
,
5%
725
IV*
15
935
26
28
309
a63% a67%
-
32% Nov
Jan
31 y4
,
40
57 Ya
46
Jan
26
Jan
Jan
May
Jun
Nov
7%' Jan
t
Sep
10 Va Mar
5,269
19%
Nov
19% NOV
j
50 y2
Feb
Sep
2,505
20Y*
Jan
25 Va Mar
al9% al9%
35
15%
Jan
28
Mar
a34% a35 V*
135
16%. Jan
30
Oct
300
6% .Jan
24%
25
—
25
Juheau
Gold
Mammoth
Mng
7
Co
Mng Co
Cons
7%
s
10c I
—
7%
6,000
6c
1.70
3c*
—
8c
1.70
8c
;
.
3c
7C
7c
2c
Sep
406 >,
,
2,900
,
Jun
May
9o
May.
Jan
2.00 May
2c
May
6c
Mar
5c
Feb'
lie s Jun
1.00
;•
6,000
9c
8%
lie
Jan
25,300
10c
£
—
'
Park
Chemical
i
Co
4%
*•
36
28%
26%
29
5'/«
4%
549
36
•
iirfitii •■■"■rrhlii |
,r
Parke, Davis & Co
4»/a Nov
29% Feb
■
■
38
.-
J
Unlisted
Oct
Stock*—
>
"
Parker
Wolverine
Peninsular
Prudential
Rlckel
<H
Metal
Invest
W)
Products
common
Co
River Raisin Paper
: r
v
For footnotes see page 2304; ^ 4
mr-m
3%
5%
•
6%
;
5%
6%
10,775
3%
4%
■
2
6%
1
- ;• t
/ T
v
100,
Jan
29%
NOV
Amer Ra<f & Stan
2% Jan
-
5'/»
NOV
Amer
2Ya
Jan
510
;
-v.
-
13
3,743
5%
3%
3% Jan
'-'ft
-M
•
.-v'
";V
•
•.»1'
r
•
rf*"
t.j
Nov';
5%'
:■
3% May
7,445
Nov
6%. Nov
f»
San Corp—J
Smelting & Refining Co
American Tel & Tel Co—
Anaccr.dS- Copper Mining Co
Armour & Co (111)
16%
•
—•
100
50
»
—
196
39%
/
14
:
16% 17
»59% a59 A
188% 196
39 /a 39 /*
13Y* 14%
893
40
,
,..
985
Jan
18
42% Jan
Feh
196
12
161
.
Jun
36 V* Nov
21
v
39
—
Oct
17%Mar
,
Jan
26%
,
July
17c
Jan
32 Va
35%
Oct
53
31
—
Jda*
27%
Aug
41% Jan
25
a
Oct
Nov
2'/a
25% Aug
.
2,000
17%
45c
Mar
6% May
77,500
73%
26 %? Nov
8% Jan.
14%
20%
26
17c
'.4,
Jan
I©'/*
?
115
;
Jan
%.. Jan
1.782,,
2Va
al7%
Stock*—/
10
10c
Cardinal Gold Mng Co
—-—1
Cons Chollar G & S Mining Co.*
1
Imperial Development Co Ltd
25c
Zenda Gold Mining Co
—25c
Alaska
Nov
4%
625
4%
14%
18c
10
Lines,
60
.
24 y2 May
Feb
5%
2Va
17»/4
-1
Air
Jan
33c
900
73%
25
California
Nov
30
1,740
12c
17%
1
•
%
5
Inc
Western
Nov
1%
Jan
5,610
18%
—
*
common-
32c
of
NOV;
Nov
60
NOV
3
31
—
10
88,517
„
Oil
46
42
Jan
48%
45c
--
25
*
*
Universal Consol Oil Co
31V2 Oct
-
1%
4%
"
.
Company
Corporation
& West Air Inc
Jun
Transamenca
7%
Jart
a31%
16c
36
of Calif
Co
Jan
Jan
20
a31%
Jun *
51j/2
.
23% Mar
7%
Oct
1.60 Nov
14 Va
34j/2
128
200:
a26
Apr
OCt
38 V2
732
'
50
a30
31 V*
pfd
Jun
125
50 y4
—
25
Corporation
Milling
Corporation
6%
30% Nov
8,920
?
Oil
2%
May
*
30
—15
—25c
*
1
•
25
25
Oil
Taylor
34% May
1 Va May
2%
-a.
—
Car
2,020
1,135
21/4
4%
1
*
common—
Corp
Packard
!_.
common
Abrasive
Wheel
"2%
1
Casting.^
Sugar
Mid-West
Murray
«
preferred
Products
6
6%
1%
-
2
Mahon
IV*
6%
30%
1
Kingston Products
Masco
Pacific
Standard
*
10
8'/e
1
Co Ltd
Southern Calif Gas Co 6%
Apr
101/2
7%
.
B_
Calif Edison
preferred class
preferred C
5% %
12% Aug
2% Nov
29c
13%
v
1
Co
44,685
27 V*
•
-
■
Hurd
Aircraft
2%
Hoskins Mfg
Houdaille-Hershey
Hudson
—
1
Brewing
&
6%
1
1
common
Grand
13%
13%
17%
73%
I
common—
Brewing
Graham-Paige
17%
(Calif)
Petroleum Co
Oil Corp
Signal
Oct
12
80c
45c
Oct
22%
Company
10%
Jan
46
Nov
NOV
23c
Aug
60
7%
1
90c
20c
38
42
a26
-10
——
Aeronautical
1,650
9%
6%
4% Oct
5y8
Jan
a25% a25%
1
Co
.
Sep
8c
a59 Va a59%
a59%
Warrants
Nov
25
Oil
Western
Republic Petroleum Co common
Jan
45
Jan
3% Aug
1,217
1.60
60
*
1st
Service
Public
Pacific
Rice
16% Oct
Jan
pfd
Pacific
180
21%
Lighting Corp common
Pacific
Nov
1.45
50
10%
42
45'/2
Nov
Nov
95c
55c
a80c
\
Oct
35 Va
26,900
18c
al27/8 al2%
25
105
Nov
!Feb
Jan
400
80c
1.15
1.55
22%
Aug
400
10
19o
;
19%
4,283
16C
6%. July
Oct
55c
Jun
May,
60c
4%
a80c
*
85
Oct
Nov
850
5y8
75c
23%
912
...
4%
10
Nov
1.35
I31/a ' Jaxi /
7,150
•
95c
4%
25
10
•
Nov
Jan
.
common
Nov
3
18%
14
8% Jan
5'% Oct
8c
1st preferred
Pacific Indemnity Co
Nov
48%
37% Mar
2,940
Elec
6%
4%
1
Frar.kenmuth Brewing
Gas
Nov
22%
,5
common
High
4%
common
9c
.
785
35 Va
85c
—1
1
Corp
105
85
25c
700
5,500 "
20%
34
80c
18c
10
87%
32 V* May
75c
800
6'/4
60c
1
Co
Finance
9%
2
.
Corp
Petroleum
Oil
Pacific
15%
200
25
Oceanic
4%
4%
1
_
Truck
Motor
11%
23
5
Stove
Corp.
Vacuum
2,054
11%
—20
common.
Iron...
Detroit-Michigan
1,150
18%*
10
Navigation-
Edison
Detroit
3
18
Occidental
w
July
2
160
48%
2%
1
Rang* Btaee Jaaaary l
10% Jan
350
23
10
——
-
3,570
48%
~~~12%C
„
common-
Motors
4%
18 '/a
♦
Machine—
.
Low
2%
1
—1
Burroughs Adding
s
Shares
15%
Corporation, Ltd
Aircraft Inc
Northrop
r
High
4
41'*
Rubber
Baldwin
Briggs
Low
Nordon
Sales
of Prices
Sale Price
Par
Mt
Jan
Apr
Jan
53%
15% July
3% Jan
" 17c
5 Va
Oct
315
14c
1
1
1
1
NOV
Nov
15>/8
17c
95
9%< Oct
74% Sep
22
170
48c
20y4
'
62%
125
5,850
Feb
8
"
:
16% Jan
50% July
320
23%
5%
—
1
Pictures Corp.
Diablo Oil, Mng & Dev Co
Oct
'/NOV
16% Aug
28%
355
1.25
23
—
6
May
7% Aug
Jan
12% Feb
30%
60c
*
1
Co
75c
685
Jan*
62%
100
22
87%
1.05
30 y4
v
13
400*
28 Va
87%
1.25
1
Co
Monogram
Exchange
i
28
u
Feb
1,074;
a61% a62
10c
Co
Manufacturing Co
Menasco
22
1
•>
Jan
3,825
9%
74
10c
Corp
12% MaV,
510
295
8
9y4
a61%
62%
common
Petroleum
Oil
6%
•
Lockheed Aircraft Corp
Mascot
__
74
1
*
y—!
Langendorf United Bakeries cl B.
for Week
Nov
94%. Oct
33 y* Sep
17 y2 Oct
"
"
"A" common
Co
Lane-Wells
Week's
27
Jan
Jun
m30c
67
15%
15%
_*
'
•
Co
Oil
,
*
Co___
Car
Motor
Foods
X
1
common—
&
McBean
Intercoast
Jade
Last
Nov
71
1,139
*685
670
685
10
common
Development
Hunt
DETROIT
Friday
31
27%
23,050
67 %.c"75c
j^75c
2 %
Corp
Hancock Oil Co
Holly
Associate
Chicago Stock Exchange
Detroit Stock
Apr
38 V* Nov
Jan
107/s Jan
10
205
17%
17
j;,17%
l
Hupp Motor Car Corp*.
If
Jan
Aug;
28
16»/2 Aug
3,809
a30% a32
Radio*..
8c
class
Stores
Paint
Hudson
Telephone:
27
a87% a87%
4
Corp
Motors
Gladding
Members
Building
20
25
a31V8
5%
123
26%
'434
a87%
*
Goodyear Tire & Rubber Co com
Ford
31
Nov
"Nov
117
'27% Apr
f
1,215
38'A
31
1
Merchants Nat'l Bank—100
General
Watling, Lerchen & Co.
Detroit Stock Exchange
35
31
0
Products Corp.,
Ltd class A
&
Garrett
New York Curb
32%
Jan
30
.:
Oct;
^3iS& 'Oct' '
Aug
94
553
^50c
(new)
Oil Co
Farmers
Fitzslmmons
York Stock Exchange
6
,
Mar
4
381
•
*
Co—
Industries
General
New
77
100
5%
Nov
is/a Nov
Jan
5 Va
117
103
al30%
5
*
Nov
4y4
Jan
28%
200
■
^
Dresser
Parnsworth
if
21
2,605
36'/s
Nov
80c
i
Jan
al25%al31%
117
1
.
Corp
America,
Aircraft
Douglas
32%
1.75
al5y«.al5»/8
100
Corn
Co
*
Creameries
29
Jan
Jan
"
Investment
Aircraft
3,700
36'/a
com
Consolidated Steel Corp;
Preferred
Nov
*
(Un)
3
Colorado
(
Youngstown
Apr
1% Mar
2,470
75c
Oct
5%
25c
3,900
7%
Cessna
Nov
a38% a39
2
11%
34y2
Jan
4%
Chlca
72'/2c 77%c
17%
7%.
Corp
Chrysler Corporation
% Nov
1
& Chemical
Refining
Motor
100
3%
Central
Oct
25%
34%
7%
California
Nov
a80% a82 %
775
Corp.
1
Broadway Dept Stores Inc common..*
Oct
a64% a66%
10
Inc.
1
5% Apr
3% Aug
600
4%
4%
Botaa
Nov
—*
Ohio
of
(Un)
Dorn
17%
Jan
LOW
'C'
11
34%
__
,
Rang* Sine* January l
Shares
1
2
Diamond
Blue
Sen
al7
Consolidated—.
4
4%
*
common
for Week
High
.
11
1
—
Berkey 8s Gay Furniture Co—
Oct
49
Corp
Barnhart-Morrow
Sen
Jan
Bros
Low
50c
Mfg Corp—*
Petroleum Co
Barker
Feb
605
24
Bandini
Nov
190
of Prices
Par
Aireon
Jun
22%
>
Van
NOV
48'/4
*
Products,
Steel
S
14
49
(Un)
Seiberling Rubber
Thompson
a33
23
Feb
27
Bros
Standard
24
Oct
Range
Bale Prioe
STOCKS—
Nov
7
24
al9% al9%
*
Patterson-Sargent
Richman
a33
29
Jan
127
a30Va a30%
0
*
Y Central RR
Ohio
May
2
7%
80
29
'
N
TRinity 4121
Stock Exchange
Friday
Last
National
—
Nov
1.590
LOS ANGELES
—
Oct
14%
West 7th Street
210
Oct
33
40
14 Va
AND BROKERAGE
Jan
10'/2
40
—10
FAIRMAN & CO.
Jan
38
10%
14%
New York
Feb
50
12%
*
\
COMPLETE INVESTMENT
Oct
45
108
10%
4%'Mar
,
Oct
63%
75
Paving Brick com
Metropolitan
37%
a
a57% a57%
108
575:
Direct Private Wire fa Allen & Co.*
Nov
38
__
Products
Oct
70%
50
'
•
—•
Sessions
&
Medusa
68
Jan
a41% a41%
&
Lamson
Apr
53% Mar
77
a48 %
24%
Laughlin.
L
5%
a61% a61%
*
(Un)
Island
Kelley
57
•
Interlake Steamship
Jones
35
a48
Screw
Jan
65
a70y4a70'/4
Wayne
Nov
7%
200
65
0
Interlake
25%
7
t
0
Rayon '
18% Jan
7
a38!/8 a38'
*
Co
Industrial
•
Nov
3
|
Nov
25
51
Great Lakes Towing com
68%
7
•
Goodyear Tire & Rubber
Gray Drug Stores
Greif
2.061
Jan
44
25
*
*
100
(Un)
Com
100
25%
109%
3
a66% a68%
25
(Un)
Glidden
(Un)
allO%alloy2
__
1
5
—5
(Un)
Bronze
Corp common
Detroit
1
12 V*
1,900
■
Jun
Jan
75/a
16%
ll.j.i
14
7
12% Feb
Oct
Controller
Cleveland
1
Low
960
5%
.
Range Sinee January 1
High
13%
•"v''
1
common
Low
v
12%
:
1
common
Shares
13%
1
common
f«r Week
'
Graphite
S
,1.^
i
Warner Aircraft
Nov
115
U
Nov
Clark
B
Union Investment
Sep
16
Tube
'!
.*, ji p
Tivoli Brewing
Udylite Co
Nov
Apr
a8V8
7%
Pattern
Standard
Nov
7%
Apr
pa r
h
Manufacturing
Simplicity
Hiah
?
a8
7%
15 %
1
Refractories
Basic
Low
(Un) —10
50c
—5
Mtg
Coach
American
Sheller
for Week
Sale Price
STOCKS—
Range
r/.
•
Sale*
■
Range
of Price*
Sale Price
.*
,
-
Sales
Week's
Friday
STOCKS—
Oct
50% Jun
Nov
i: 713
29 V*
Jan
39% Nov
3,685
6%
Jan
l4y2 Nov
-
Monday, November 12, 1945»
CHRONICLE
THE COMMERCIAL & FINANCIAL
2300
OTHER STOCK EXCHANGES
'"'■4
Week's
Range
A T 8c 8 F Ry
r
Atlantic
•
Co.—
Refining
8%
Corp.-
a61%
—.
a61%
a96%
•
Ti, Bethlehem Steel Corp
Borden
■
'
a95%
a25 %
Co
•
a 44%
—
—
Corp
Borg-Warner
i
Service
Cities
r
:
Co
-10
—
Aircraft
Vultee
5
(Deli—— .i.
• •—"i
9
Jan
60
Sep
36
30%
211
21
Mar
30%
5
U- General Poods Corp
.! ? Goodrich (B F> Co.
III!*
'!!__«
IllZi
-
8%
29%
52
9%
Jan
18% Oct
Allegheny
4%
Jan
16%
Oct
Arkansas
Jan
48%
Oct
a
18%
117
a48
a48%
524
38%
a54% a55%
115
40% Mar
100
54%
Jan
65-
9%
650
5%
Jan
105
50%
Jan
a27%
12%
310
12% Oct
30
Jan
37%
Lone
107
18%
Jan
31
45%
259
35% Mar
11%
12%
2,325
31%
299
i
Co
American
North
i
Ohio
Oil
__L
Car Co—:
t
Pure
;
Radio
Oil
Oil
Co
Oil Co
U
S
U
S
■
Rubber
Steel
Warner
Co-
12%
Jun.
■>>
5%
12,505
1%
Jan
5%
Nov
5%
2%
Jan
5%
Nov
15%
Jan
22%
Oct
1%
118%
Jan
127
25%
26%
1,977
36%
Oct
39%
13%
Jan
17%
34%
Jan
52
174
41%
Oct
57%
Jan
68%
11%
Jan
18%
244
9%
9%
350
6%
Jan
8%
8%
100
4%
Jan
*.
—
Glass
10
20c
525
18"%
Jan
30%
19%
90c
175
9
31% Mar
a49% a51
Jan
475
7%
9%
293,450
19%
4
-
5
4
"
4%
39%
__
,.
Jan
22% Nov
84%
76
117%
Apr
Jan
30%
30%
27%
3%
4%
Sep
32%
Jan
4%
Nov
2,865
68
■
59% Jan
New
526
21%
662
13%
Apr
950
44%
Jan
31% July
17% Apr
41
1,057
10
49
48%
49
49
Jan
41
490
Week's
Range
Company
31% Aug
Budd
G)
(E
pfd——_
Low
American
•;
I
Light..
Storage Battery
Electric
General
Motors
Power
Pennroad
v
$1
<fc
Elec
Falstaff
16%
Jan
21%
20
30%
475
81
18%
181
Light
Wbalfm
Sale*
Rang*
for Week
•f Prices
Shares
10%
24%
Jan
132%
Nov
24%
Oct
Key
Jan
24% Nov
Knapp
43% Aug
55%
Nov
Laclede-Christy
62 f
75 %
Nov
Laclede
16%
1,935
233
1,440
14%
15
13%
Jan
Manufacturing
Jan
16%
Jun
Meyer
6%
Jan
17%
Jun
Midwest
7%
Jan
13%
12%
13%
709
8%
8%
8%
4,572
5%
Jan
5,072
32%
Jan
-50
48 %
20%
28%, V
32%
pfd.
29%.
31%
32%
37%
8%
49%
28%
20%
common
Power
Corp
48%
29%
37%
39
315
13%
Nov
38
38
80
30
Mar
8
July
•
com—
.8.33
10
St Louis Pub Serv class A com
1
49 %
29% Nov
644'
20%
Nov
28%
Oct
912
27% May
32% Mar
32%
Sep
Oct
Woonor
common
Stix,
40%
FOR
20
Jun
34%
Nov
21%
21%
.21%
8
16
Apr
23
Oct
34
Securities
Inv
....
Kioctrlf
45
WEEK
IIZIi
10
15
common
ENDING
Exchange
STOCKS-—1
64>
7%
Power
tc
common
preferred _•
preferred—
Acadia-Atlantic
~
Sugar
Acme
Gas
Pacific
Aldermac
Algoma
19
4,990
95
19
19 %
101
101
Consolidated™
•
-.1
1.90
16c i10 %c
18
For footnotes see
paee 2304.
37,200
V
V-
16c
9%c 10 %c
*
19
140<
385
27
1.70
—1
Copper
Steel
vl; 27
44
•
17
wp'S'm
9c
27
1.75
150
18,800 A
Area
Nov
Arjon
Oct
100
pfd
19% Oct
Oct
Sep
102
7%c
Jan
14 %c Aug
19%
Feb
125
Mar
12c
Feb
9c
July
14%
*
i
Feb
27
-
235
•
19c
20c
19
23
Jan
45
Oct
39%
Feb
45%
75
45%
233
17
367
30
65
20
31
125
20%
—
—
20
95
9
17%
.
Aug
Jan
29
Jan
Sep
Jur,
-
34%
'-V
30
Nov
Oct
Oct
17%
Jan
25
50
.
-
A
36
11 %
234
30
Nov
Jan
20
30
30
Oct
22
17% Jan
50
29
32%
16%
18%
24%
Mar
27%
29
——
Nov
Jan
17%
22
Oct
20
Jan
9%
24%
12
Jan
11%
30
—
—
Oct
Feb
8
30
10%
20
32%
32%
4
Nov
30
Nov
20%
Oct
22%
22%
100
13
Jan
23
Oct
46
46
565
35
Jan
46
Oct
20%
c
20%
'V
'
'
46
30
y.
Week's
Range
11% Jan
Oct
May
Arntfield
Yellowknife
Oct
73c
Jan
1.13 Mar
Jan
9.95 Oet
7.60
31c
77,500
31c
Nov
68c
1,000
58c
Sep
97c
May
18c
4,500
16c
May
27c
Jun
47C
96c
1
1
I—1
49c
"70c
4.10
Nov
49%c Oct
51,200
17,700
10c
Jan
21c
Mar
% 1.39
28C
Aug
55c
Nov
6%C Feb
21c
Mar
Oct
i?i
'
v.
44c
55c
347,000
lie
8,000
45c
63c
42c
'
26c
9%c
I
10c
1.25
..
Nov
107 V-
26c
86c
54c
Mines
134
Jan
68c
42c
Aubelle Mines Ltd
Mines
1,541
86c
Aumaque Gold Mines.
Geld
9.25
42c
Jan
Aunor
13,300
High
Feb
100%
.96
17 %C
Mar
Nov
1.11
9.00
ZZlZlZZZZZli
.....
155
106
1
Mines
Low
105
.134
1
Mining
Range since January l
High
1.05
1.08
30c
Astoria Quebec Mines
Atlas
Shares
105%
68c
Mines
Ashley Gold
Athona
106
—*
1
Mines
Gold
Sales
for Week
of Prices
Low
1
i
Armistice Gold
99
•
350
31
1
Nov
77
173
Aug
"44
132
Porcupine Gold
Aquarius
Jan
5,575
370
5%
.
Mar
2,200
'
High
.
.2% Mar
7,810
•
77
173
10 %c
common
Ajax
Alberta
5%
6. 74%
173
-100
100
8c Oil
Agnew Surpass Shoe
Oil & Gas
75%
Low
July
16%
common.
Canada
Anglo Huronian —
Ansley Gold Mines.
Range Since January 1
I
High
Nov
65
24%
17
Sale Price
Anglo Canadian OIL.
'
5
common
Preferred
•
•
.100
Shares
LOW
'
Paper
for Week
of Prices
Sale Price
Par
Abitlbi
Ltd
of
Aluminum
Sales
Range
23
Jan
19
Par
Aluminium
Week's
Jan
47%
NOVEMBER 9
STOCKS—
Canadian Funds
Last
57
14%
10
45
Last
Friday
Mar
200
65
43
—
Friday
Stock
125
23
65
■mm mm
Sterling Aluminum common
Baer 8c Fuller common
Nov
57
22%
56
<■
common
Oct
LISTED MARKETS
CANADIAN
RANGE
A*.
Jan
11*29
common
,
Jan
.
13%
22%
*
Car
37% Mar
Nov
80
100
common.
Candy
Nov
20
34%
20
8c Supply com—
Mar
20
21
Prod
Nov
10
34%
33
10%
St
Louis
100
33
38.
Jan
34%
«
1ZZZ5
22%
33
common
Clay
Piping
275
9%
34%
K>
National
Nov
9
10
-100
-
'
~9%
III-5
Missouri Portland Cement common
Oct
8% Nov
43%
21
185
2,920
y.
Nov
64
com
common
Blanke
12%
42%
common.
Steel
524
43%
52
Jan
common
Monarch
644
-50
41%
Apr
Sep
Jan
55 %
12%
Brewing
9%
75%
<
48
45
—1
92%
73%
Oct
5
10
__
common
Griesedieck-Western
Co
14%
64
5
Huttig (S & D) common
Hyde Park Brewing common
Hydraulic Pressed Brick pfd
Oct
Jan
52
1
Oct
18%
Jan
High
Low
7%
110
14%
64
—10
common
Brew
Range Since January 1
High
14
52
<1
Pepper
Low
14
IZZZi
common
Sep
Nov
21%
10% Jan
.
Mfg
f
Exchange
*
548
51%
14%
m
;■?
50
common
International Shoe common
53%
12%
81
1
common
470
23%
50
31%
57% Jan
,
30
125% 132%
22%
22%
24% Aug
10
—I
preference
Philco
Nov
74
Philadelphia Electric Co
Phila
Nov
196%
•
Corp
Salt
26%
Jan
24%
•
Pennsylvania RR
Penna
Jart
20
23
—
Lehigh Valley RR
National
17%
157%
17%
13%
Lehigh Coal & Navigation
High
518
19%
129%
•
&
7600
Bell Teletype SL 593
Sale-Price
'
Electric Co
#Coca-Cola Bottling common
^Columbia Brewing common.
1,165
21%
29%
Inv
Shce
26%
17%
common
Phone
*.
Chicago Board of Trade
preferred
Dr
20
Power
Delaware
Low
81
29%
g
i
■
2, Missouri
Exchange Associate
Century
Range Since January 1
High
24%
—50
Mfg Co common
Pub Co
Curtis
5 '?c
Brown
188% 196%
26%
194%
Budd Wheel Co
Chrysler Corp
Nov
35% Oct
37% May
1871
CEntral
Friday
Burkhart
Shares
5c
common
Corp
41
27% Mar
.
Nov
for Week
of Prices
Par
Securities
Jan
218
660
St. Lonis Stock
Sales
Last
Autocar
4% July
34
1,157
St. Louis Stock Exchange
3T% May
25% July
37%
Friday
Bankers
Oct
5% July
49% Jun
35
Baldwin Locomotive Works vtc. —13
19%
Jan
1%
21% Nov
170
a20% a20%
-100
Jan
s
Nov
02
21%
Sale Price
Tel:
Nov
1% Jan
1,802
York Stock Exchange
Chicago Stock Exch.
New York Curb
Stock Exchange
Tel &
13%
% Oct
82
58% May
50
Members
Jan
1%
221
4%
Oct
98
Aug
40% Aug
Par
American
Sep
34%
4th St., St. Louis
North
300
127
33% Feb
83
-
30%
•
Nov
37%
Established
51% Nov
17%
115
144% 150%
a53% a55 %
.12 %
■
Oct
Nov
20c
33%
36%
Oct
59
Jan
STOCKS—
American Stores
2
10
•
Edward D. Jones & Co.
34% Jun
£
a53 V8 a54%
STOCKS-*
Oct
Nov
Mar
St. Louis Listed and Unlisted Securities
39% Mar
55
560
a97% a98%
144%
10
Jan
35
Air
,
22%
22%
21%
_
9%
10
Feb
5c
20
20c
13%
5
__
*
Steel;
Alloys
200
10
10c
13
1
—
Oct
205
a71% a71%
(P W)
156%
'
ZZZi
common
1%
1%
mm mm.
Last
Woolworth Company
Jan
Oct
49 %
....1
153%
1% Mar
Nov
100
219
Westinghouse Eiec & Mfg Co—
Willys-Overland Motors Inc.—.
100
lif
Jun
610
a57% a58%
A
1,093
25
1%
55% Nov
35%
68%
a57%
*
21%
149
1
vtc
Westinghouse
al8% al8%
»
Inc
Co
21%
153%
—25
1
29% Jan
35% Jan
29 %
5
Nov
Apr
68%
—
8
Nov
1,205
80%
Tel
4
5%
1
Steel Springs
Common
Oct
39%
160
—
Pictures
Union
4%
__
1
States
United
Oct
64
5%
Brake..
——•
Westinghouse Electric Corp com—.12%
Corp-
Bros
Western
V'
Feb
Bros
Mining
Standard
36% Nov
20% Mar
Oct
■U
Oct
9%
Vanadium
—10
Corp
Corporation (Del.)
29%
635
Oct
55%
a98%
Jan
t
12
Nov
17
.—10
18%
200
■
11%
28%
—.25
Corp..
Nov
1,041
..
8
8
—
«!
a42 % a43%
Co—. .—100
Nov
10%
Nov
16%
16%
:>
Nov
12
Jan
Nov
Jan
...
Inc..
20
Feb
4%
15%
Jan
29%
•
Jan
9%
27%
10%
a38% a38%
Aircraft
United
29%
13
Jan
19%
038^
;
Co...
Carbon
Lines
29
115
100
1,447
18%
668
25
—
Carbide 8c
10%
10%
Shamrock Gil & Gas common
al8%
:
Onion Pacific Railroad
12
278
1,920
38%
~
a
15%
16%
II
co
Nov
14%
27%
a45% a45%
Inc
5%
12
81
—29
*
Oct
Apr
15%
109
16%
.25
38%
3%.
20
8c
Oct
Jan
High
Jan
100
Jan
Co
Renner
Nov
Mar
Low
28%
5.%
Nov
43
48% Mar
Range Since January 1
49
1%
43%
26
V
38%
19%
«
33%
17%
Share#
High
29%
"1.1
—
San Toy
Jan
of Prices
10
m
28% Mar
355
55%
Water Assoc Oil
United
Reymer
July
a27% a27%
Co
Onion
Nov
39
.—15
(Ind)—;
Webster,
United Air
Feb
8%
75
"'J",-
38%
■
<N J)
Texas Gulf Sulphur
Tide
20%
748
«
'•
,
for Week
Apr
15%
Studebaker -Corp
Texas
27%
3,433
Bales
Range
5%
27%
Del—
of
Oil- Co
Standard
&
Jan
Jan
Week's
.
75
a64%
a64
Co
Standard
swift
19%
16 % Aug
36%
36%
.25
.J.:—
Steel Corp..—
&
14
43%
42%
42%
———
Socony-Vacuum Oil Co
Southern Railway Co
Standard Brands, Inc
Stone
32% Jun
430
a45
a45
.50
Sears Roebuck & Co' (new)———
f;
Jan
Jan
5%
I
27%
Glass
Pittsburgh Screw & Bolt Corp
Pittsburgh Steel Foundry common.
510
8%
f
27%
Plate
Pittsburgh
9%
19%
Gorp of America.—;
Seaboard
Nov
27%
:
Nov i
27%
a22 % a22%
Inc
Republic
Pittsburgh Forgings
Pittsburgh Oil & Gas
73%
8
-_1
Pictures, Inc
Pennsylvania Railroad Co
Pullman
Nov
Jan
8%
f: Paramount
Phelps Dodge Corp.....
Nov
48%
19%
-
—10
12%
446
27%
.10
—
Jan
—1G
31%
22
Nov
40%
19%
*
Refractories
Jan
73%
490
23
30%
10%
5
25 % July
1,000
.
-
Nov
18% Oct >>>:■■•
100
5%
1
FIreproofing Corp
Pittsburgh Brewing com
Nov
30%
23 %
163
40%
12
National
39
13%
23%
23
Low
•
Fuel Supply
Mountain
Nov
13
Jan
Nov
.*9% NOV.'-J
:
22%
38%
•
Electric common.
Gas—
Star
Nov
39
29%
13%
Jun i
4%
.!
'•*
45%
100
13%
Company.-..
Motor
Packard
Oct
39
29%
..1
f North American Aviation Inc—
3%
Jan
Jan
21%
com—
May
73%
RR
Central
York
Jan
39
t Montgomery Ward & Co, Inc
1,442
1%
38%
NOV Kr
38%
*
Co
Gas
Walker
Harbison
460
.18
120
Sale Price
Brewing
Brewing
Pitt
35%
7%
2,226
2,690
-
1%
Apr
1% Jan
23%
Candy
L)
Gas 8c
Duquesne
Fort
31%
jY McKesson & Robbing, Inc—
f New
Aug
12%
12%
4%
49%
%
«
(D
a27% a27%
Inc
Nov
"41;-Aug;
22%
38%
•
Co
Blaw-Knox
35%
Libhy, McNeill 8c Llbby.
Oct
52
Nov
•
12% Aug
59% Oct
R: Kennecott Copper Corp
72%
'
Clark
a50% a70%
45%
3%
Last
Ludlum Steel
Natural
Columbia
a61% a65
9%
3%
3
Par
45% Sep
a 70%
9%
61%
Jan
••
Oct
.
p International Tel & Tel Corp—
}
Oct
Jan
al7%
Feb
57%
'
1,243
48%
"
'
'
STOCKS—
Jan
if Infl Nickel Co of Canada
Loew s.
30% Nov
5%
19%
a61%
;] Graham-Paige Motors Corp{i. Great Northern Ry Co pfd
|f Interlake Iron Corp
■'
V
i
340
a55%
r
42%
1%
1%
Friday
'
.
615
al8%
214
~4%
-20
Coal
t
a48%
tp Electric Power & Light Corp
If General Electric Co
52
63
Pittsburgh Stock Exchange
Oct
al8% al8%
al8%
49%
"
1%
Oct
i'r-
8%
8
27%
52
6% Aug
50
1
.
27%
~8
27%
•
M
common.
Oct
16
32
5
396
$3
2% Nov
25%
Jan
315
15%
70%
Oct
32
Feb
a38% a39'/a
a39%
Share Co.—.
Electric Bond &
i'i
ii
18
48
61%
69%
Oct
20
29% Mar
130
7%
51%
>
May
10% Nov
•
16% Jan
10,730
a24
27% May
10%- Jaii
29%. May,
:
25% Nov
Feb
4% Jan
Jan
55
7%
preferred
————
•
United Gas Improvement—
13%
Westmoreland
Inc—
—10
-
50
2%
2%
15%
.1
—
250
a33% a33%
.1
ni
10%
a20
a24
i iiaiViiw iMi'm 1% r'vrw hw'iIt -
iji riin
m
a26%
45
51%
*
United Corp
Oct
•
Jan
25
36%
15%
25
Preferred
Oct
Jun
20%
3
£■&,
52%
Nov
135
Jan
42%
24%
•
25
19%
68%
High
19%
,
Apr
43%
Low
655
42%
•
Jan
Jan
Rsnge Since January 1 >
25%
——1
Corp:
common
39%
'
Jan
1
if Curtlss-Wrlght Corp
"n i'r
Oct
48%;
~2%
|: Crown Zellerbach Corp
Class A
Oil
Paper
Tacony-Palmyra Bridge—
Class A participating—
Transit Invest Corp com
27% Oct
38% Jun
Jan
•
High
24%
24%
1
10%
-
-965
Low
70%
Aug
94%
34% Jan
20
140
-
49%
39%
10
ZZZZi
f.| Continental Motors Corp
Continental Oil-Co
17%
3
Dome
Scott
120
a20
25
Corp.——
Shares
24% Feb
190
a25
10'/3
a20
|| Commonwealth & Southern Corp.
if Cons
165
Salt
Oct
—
—
Westmoreland
fV Columbia Gas 8c Electric Corp-w
IV Commercial Solvents Corp—
H Commonwealth Edison Company
for Week
50
-50
common
preferred
Nov
A
30%
Oct
Co
Motors
43%
43%
Co_
Tractor
Caterpillar
-
-
'2nd
Jun
#69% a70%
Co.
(J It
Case
r
100
Reading
Reo
9%
Jan
%
-
25
Aug'
17% Jan
48% July
68% Jan
604
200
16% "16%
lv. Canadian-Pacific Railway Co.
it
5%
13,239
32
29%
23%
a62%
a96%
a25%
a44%
a53% a54%
ft53 %
i.—
Sales
Range
of Prices
Vv'.'-'I Par
98.
Apt
39% Oct
Jan
32% May
20
-
e| Boring Airplane Co
*
"
32
29%
23%
'
Bendlx Aviation
3,570
-
-
:il Aviation Corporation
\ ■Rights
..
If Baldwin Locomotive Works vtc
1|
9%
11%
155
STOCKS—
.
High
Low
High
a97%al00
a39% a39%
Co
Range since January 1
Shares
Prices
of
Sale Frlce
Lota
»
Week's
Last
for Week
.?
'
Fridays
Sale Price
Sales
Last
STOCKS—
WEEK ENDING NOVEMBER 0
FOR
RANGE
Friday
65c
65c
Nov
45c
2,128,368
207,130
July
37c
37c
Nov
'45c
Noc
"47c
53c
12,600
41c
Jun
75c
176,650
35c
1.37
48,000
74c
70C
1.23
4.00
4.15
6,950
15c
3.60
1.03 May
88c
Oct
Jan
1.90
Apr
Jan
4.25
Jan
Mar
■
Volume
COMMERCIAL
THE
Number 4437
162
& FINANCIAL CHRONICLE
CANADIAN
,
RANGE
.
LISTED
WEEK
FOR
ENDING
MARKETS
NOVEMBER
*
9
Friday
Week's
Sales :
for Week
Range.
•"-V-
Canadian Listed and Unlisted Securities
STOCKS—
■:
Dominion
'
/
Malting—————I
Preferred —
Dominion
Scottish
Dominion
Stores
B
25
MEMBERS
293 BAY
THE
TORONTO
Duquesne
Duvay
Cable Address:—"Dohroadco" Toronto
-
100
Branches:—KIRKLAND LAKE—TIMMINS
East
I
„
Crest
East
Friday
Week's
STOCKS—
;
SaleFrlce
Par
Bagaraac
Mines
Bankfield
Consolidated
Bank
of
Montreal
Bank
of
Nova
Bank
of
Mines
;
1
.10
Toronto
t
Class
Bear
class
B
Class
B
Blue
500
27 % May
12%ci May
19
3,700
-
20J/2
855
Jun
1.23
Oct
39
38'A
39
220
29%
Feb
29
25
22%
Feb
39
174
322
Jan
174
550
9.50 Mar
15
Oct
2,300
171
14
13%
1.20
1.15
1.20
28 '/2
28 %
-
22,400
74c
218,033
30c
14
14
50
10
Mar
54
54
10
50
.•
50
1
22c
18 %c
24c
1
34c
32c
36c
1
33c
31c
44c
49c
14,700
15,000
17
17V2
755
12%
13%
175
8%
Jan
24>/»
23%
24%
6,565
22%
Feb
—5
OH
Columbia
12%
12%
12 %
50
—•
Packers
24%
24%
25
1,043
*
__
•
-
Class A——
common
i
—*
Dominion Oil
34c
Mines
Buffalo Ankerite Gold Mines—
Burns
&
Class
5.60
5.70
1,950
5.00 Jun
40c
47c
52,800
8%c Jan
65c
22
23%
2,680
18%
24
23%
•
B
class
A—
4%c
4%c
12
12
300
19
19
19
64
2.10
1.95
__
-
o
1—
•
•
Calmont Oils
'
12
_1
36c
"
13
.•
2.29
33c
2.45
10%
Jan
Apr
Sep
Jan
24
10
Oct
15%
2.29
Nov
Red
Lake;
4i
—-1
•rPreferred
Canada
Canada
Stone—
Canada
Foundry
Malting
Canada
Northern
Canada
v
class
A——
,_1
20 %c Aug
42
•
Permanent
Mortgage
Steamship
common
35'%
18
190
48%
Apr
57
7%
Jan
12
36
265
19
180
18
__
35
180
18%
45
Wire
class
Canadian
Jun
1,485
12%
Apr
19
158%
Jan
180
Nov
11%
Jan
715
39%
Jan
47
July
70
Apr
<82
Aug
Oct
28
Jun
July
79%
79
80
10G
24
24
24
575
44%
9
23
18 %
Oct
305 •'"■•'
-
Bank
Jan
:
Feb
;
—.475
.
29%
78c
91c
4.95
-5.10
12%
12%
12%
102%
21
5
102%
.
109.125
"anadian
Breweries
Canadian
1st
Canners
Conv
5,950
'
Car
J99
50
92
20
:21
-600
15
Mar
•--••"-10-
8.80
101%
22,965-
■
17c
16c
"i; 19c
;
9o
$1.75
Highwood
35,500
54c •
55,010
270
25c
9,000
19c
1.05
Jan
10
14
Jan
19%
Oct
w
22 y2
20%
22%
12,273
8
" Jan
22%
Nov
Homer
23
22%
.23
595
15'A
Apr
23%
Oct
Homestead
24 %
24%
25%
270
23 y2
Aug
253A
Canadian
Class
5%
vtc
20c
'
1.35
'
26c
•
common
new
16% Nov
Apr
34%
45%
Jan
Jun
Hugh
37
Oct
39
Oct
32
Sep
54%
39
45
28
105-
36
1.14
6,441
10
Sep
143/4
16c
18%
2,105
16%
Oct
20
10,350
6%
Feb
15%
Canadian
Tire
12
340
6 3/8
Apr
12
'
.
32
40
36
245
1.16
2,450
70c
Jan
495
103/4
Oct
12
25
100%
18 V*
22%.
22%
223/4
0
Patricia
Central
Gold
Gai
16
8,170
11%
Mar
1013%
Nov
35'/2
v
.
—
2,800
14
1,000
2,000
110
—1
_
Jan
22 3A
180
20%,
Jan
27
900
1.80
Jan
2.90
5c
1,320
"
•
1.60
1,600
1.00
Jan
1.80
15%
•
,
5V2c
20c
37,700
1.50
1.47
1.70
28,700
60c
57c
70c
713,800
11c
11c
*
1.89
Jan
20'A
15
15%
77c
: 3.80
44c
40c
4.45 "
47c-
5,268
22,345
58,700
12c
14c"'
51,000
40
4
Mar
7
Oct
Jason
Mines
25c
Mar
60c
42c
64,500
IIII1
39c
38c
1
4.85
4.85
5.15
15,220
•
15
15
15%
830
84c
1
70c
77c
25cs
2,94
75c
Sep
5.95
101,955
43c
Jan
32c
244
23c
Jan
2.40
3,700
1.80
1.70
1.85
1.33
1,45
6,020
Joliet
32c
2.40
Jan
•
15%
Cournor
Croinor
Crow's
Cub
2.09
Pass
B
A_
Jun
Dominion
16,000
1.50
13,800
55c
1.35
-
200
6,200
60c
400
60c
Apr
16c
20c
24,500
12%C
Jan
20c
29
29
29'A
215
28'A
Sep
31'/» July
12%
12'/2
1.50
1.55
*
—'
1.55
9%C
■,
~
Magnesium
see
43%
July
com
4c
-
113/4 Aug
180
1.15
1,300
9%c
•■•
10
-•
—
2.10 Jun
25,750
13
Mines
3%' Feb V
42 3A Feb
89
1,175
28
; 29
985
,.21%
-21%
21%
640
25'A July
18
Feb
'-29%
29%
30
425
25
Apr
7
7%
7
Nov
;"
-
7
1,630
....
-
,
:
A
Luz
Mines,
35c
page 2304.
Jun
92
«
Oct ; 4
Oct
i
j
16% Jun (
:
j
14
.
NOV'.:
1.05 Nov
Nov
Jan:
10
i
Aug;;
L40 ADr
NOV
30
30
4
Nov
Feb
July
101% Aug m
Sep r
Oct
31%
Jan
41
20%
Nov
24% Mar
fi":
Jun
3.55 Aug
,f.i
Oct
J'
90c
59c
If;
200
Sep
10c
Jan
24C
Oct
3c
Jan
13c
Apr j J
7,000
18,510
28c
Jan
-
^3c
39c
40c
16
7,531
3c
j
"July
18c
11
Apr
[j
12 %c May
Jan
55c
19,500
15 A
60c
5%c Jan
t;
8,453
65c
Jun
:
1.35 May i
23%
;;6.90
23%
7.55
1.08
1.25
15c 17 AC
IJc
23'A
(
;
—*
*
& Sons
34c 35%C
■
2.35
Laura
li
becord
——-1
12c
—
Lebel
Nov
\
Mar
13
89 /
29
Leitch
'J8c
47°
.
i-v
iM-"
••I- M
54f.^
.
Pin nil "B"
-1
■,
,r
v11 y, v
.Louyicourt Goldfields —
Lynx. Yellowknife -Gold—.
Macassa
8% July '■:£X
7
——
;
1
.
—}
1.40
-
1
*1
;•
.
;
28%
273A,
1-45
*
?
3f®
4.55
1.39
,
9c
,76,400
25c
■
66,300
'
^
•
"
Se
•21,334
'-VN
-;.-y ■4"'v •
7.25
Jun
9.15 Mav
Oct
5
;
28 £ 27% ?-:,
29 A
,27
•
<
Sep
Sep <
Jan
4?
4.50
^50
d
25
Mar
89c
Jan *■
36c
4.65
r
II,500
Nov
v-28,700
>
3,475
1
=
*<•<
>'
3.85 Jan
;
Jun
4
1.60
Oct U
2.25
Nov
29 y*
■*■
'•
.
\ *-45
j
i
■
1 26% Mar
195
|
Apr
1.52 Aug
48c
16c
650
>
Nov- *,
Oct
10c
•
Jan
Apr
52c
20
Jun
43c
49,611:
22c
Jan
—1.23
15,600
178,500
.
.,V";
^;
Nov
20%
1.15 Jan
I"V'V-':,
y:
150 V*
15% July
540
15,320
L98 2.25
£20
■
i
24% Mar I
'
6.15 Jan;
15% Jan
150
1.50
1.23
1-45
1.32
J
20c
52c
17c
43c
.19
20
4%c 5/2c
19/2
8%c
}
Lingman Lake Gold, Mines—1
kittle Long Lac Gold Mines Ltd
-J
Loblaw Groceterias, class A
Nov
Sep
Mines
Gold Mines. Ltd
Lexinden Gold —,———
;
'Jun
23% July
Oro
f
24Y2C Api
Jun
Nov
5.75 Oct
502
}■
Oct:
Juu
17% Jan
150%
975
8.00
1.76
.
•••"
Sep*
23% July
•
Jan
}
—J
3
Candy
49c
Jan
1.05 Mar
100
Jun
59c
2.25 Aug I
1.78 Oct :
1.00 Jan
14c
j
.
Mar
21% Sep
27,300
2,025
.
22 23 A
-150% 150 A
6.00 -r, 5.75 6.00
8-56
; 8.50
Q.60
20
19 *,20_
50c
8,710
■
it
35c July
•11% Jan
2,305
36,625
7,000
3,415
15,740
1.60 J
1.71 ^
1..48
1.67
;
1-20
'
4;
Oct U1-
Oct
22 %
Mar
■Jan'
100
40,968
23%
7.00
.100
-*
Mines
Lapa Cadillac -—
Lapaska Mines
(•.,
July
30
■
38c
34%
Apr
2,666
45&% 46c
11c > 12c
5%c
7c *
J-60
1-^0
1
—*
S
1
—*
1
Ltd
of the Woods preferred-
Lang
2.00 May
Jan
84%
4-.,a".4
>•
Nov
1.12
28%
m*
..
-
—
Feb
Jun
88%
bommon
-
Gold
Fortune
Shore
Lamaque Gold Mines
Sep
93c
,
;
36
Nov
May
30
3,677
3,697
13,850
100,800
17,500
1.45
•
'
Feb
22%
30
■
1.D9 Apr
Oct
n
25
47c ^ 52c '
23c
24c
5 /2c
6c
■
62c
1,330
•
.
54c
7lc
400
39%:;
22
^1^35
940
10,800
iOOlOO'A
38
21%
Oct
35'A
85
707,050
1.05
i 9
113
,-30
30
i
40c
•
IIII1
68c
103
30
29 A
'
Nov
Jan
18% Feb
13% Jan
•^12": Aug
4,910
1
4145
50c
177/8c May
Jan
25c
1.92 Mar
Oct
1.70
——
Foundries.& Steel'
For footnotes
75c
Sep
43%
————*
V
Lake
La
Oct
91c
■'
Dominion
Feb
1.60
38%
Lake
>
1.60 Mar
27%
(John)
Mining & Exploration
Dufault Mines Ltd
Lake
Oct
16c
1
T.t.rt
V Dommiim Bank
70c
1.45
»
15% NOV
340
925
22%-!;
,1514
,
30
55
'92
91
,,
15 /a
;
Labrador
Jan
149%
Jan
—1
Townsite
74%
Aug
28
22
14/8
13%
65c
-
—1
Lake
Kirkland
Labatt
16
1.00 Jun
23
1
——-—-1
—
Kirkland
•
—
Seagrams
155
43%
91c
*
_4——_—
Minps
142 ;
6,200
27
.
,
:
46c
12c
6c
—1
Quebec
Nov
1.70
—1
Mines
Distillers
1.22
65c
,
—100
Delnite Mines
Hnmp
102
1.15
26%
66c
———
Davis Leather class
Class
144 145%
1.45
:
Petroleum
Denison
Jan
1
Coal-
Aircraft
Davies
May
49
mil
Mining
Pershing MinesNest
14
1,469
267/a
—
Crowshore Patricia Gold—
;
770
74'A
1.20
*
;
15%
73
_
_•
Mills
15
74'A
Mining & Smelting- IIIIs
Consumers Gas (Toronto)—
—100
Mines..
Gold
Nov
Lake
Consolidated
—
a
•.Kirkland Hudson
Nov
84c
Jan
Mines
Kay rand Mining —
Kerr-Addison Gold Mines.
Nov
32c
Mines
Consolidated
J M
Sep
15%
2.19
Gold
Waite
Jellicoe
Apr
Jan
32c
_•
Con west Exploration
•
Nov i
Nov
12 y2 May
2.40
a
20
19%
—.
1
Jan
20
135
39%
21%
1,40
48c
24c
•
1
*
1
6%
14 y2
Cosmos Imperial
—100
*
preferred
6%
75
124
--
1
20
II—5
89c
*
class A
Jack
18%
27,400
28
30
30
Jacknife
May
25c w 30c
s;
-*40,600
67c
:
27%c Apr
5;665'
105
Mln & Devel
Jacola Mines
a
Bakeries
;
3%c Jan
;;
-'1,360
*
-1
4%%
Jun
Consolidated
;
|
{':
14V2C Feb ;!:
20
Sep | \ :
Mar
44c
t-
6
John
25c
.35
22
15
International Nickel Co common
Feb
Mines
"
!
4' 70c
3.05 Jan
33
*'
V
.10
Oct
1.50
Mines..
.
10% Jan
.'/ 63c
.> 41c
—
-.100
common
Nov
32c
,
,
—*
international Petroleum
Internation 1 Uranium Mining
2.95 Aug
2.42
Ltd
43c
34%
"
25c
—1
62c
Apr
Lake
Jan
28^32%
66c
,
—•
;
-—1 32%
,
Erie
12%c
1,
A
class
,
1
Gas
49c
Jun
Comaurum
—1
Jan
1.15
Coniagas
—•
Nov
1,50
Commoil
•
Oct
1.70 Nov
Jan
20
12J/2c
400
Coin
April'.
96c
,1H'
20
41 %c
2,050
Mines
65c
8c
;15%
1 4.30
3,000
4,444
Gold
!
I •'
Oct;?,;
; 2.26 oct
500
5
12,900
32c
Co_.
\j
16c
Apr
Oct
-•
643,100
1.25
Willans
?j
•4 18% Nov
Jan
750
¥
.
,)
Oct
.4' 11% Oct }
4 '1.07 Aug j
Mar
20c
,
Aor
Jun
54%c Jan
43 %c
Apr tj
9
Oct
17,700
47c
1.75
Plow
•
Apr
Jan
14,439
49c
1.25
Cocbenour
y4
4.50
6% Apr
68c-
78c
2.75
1.71
Cockshutt
Feb
1.96
2.66
32c
Citralam Malartic Mines
6%
75c
23 %c
1.25
•
Knitting
15c
1.85
International Bronze Powder pfd——
Oct
1.71
Bar
24C
Jan
-
15,500
1
International Metals
Oct
—III
Circle
Apr
Jan
75c
41 %C
__
—
Oct
Apr
37c
33c
Wines
Mines
Nov
3c
14,720
12c I3%c:
36c
41c *•
12c
—
Apr
1.54
_
15%
27
2.75
&
Inglis,
Nov
50
27
2.75
1
1
Mines
Research
Chromium
NOV
37
16
,
3.10
50
11
85c
1
B—
Inspiration
Jun
Chestervdle Larder Lake Gold Mines—2
Chemical
'"i
Nov
1.87
Oils
Nov
12% Nov
14
1
—
Mar
36
Jan
8%
.
.1
41 %C
Mines
23c
12%
A
54c
———1
—-
16%c Apr
22 %c Jan
2,505
18%*'
' 10%.
82c
84c
-
Sep
Mar-
V-' r' *'
•
18%
—1
Jun
57
,
26% May
12% Jan
55-
,
Mines
:
4
Apr::
23 ; Apr
4% Apr.
508'
21,400
12,600
2,300
•
10c
III
Apr
lie ; Jan
4,464;.
1
16c
15c
18c"
—1 ' "
7c
6%c*< K 7c
——14,50;,,; 4.45
4.50
•
9
i 63A
9*
r
Sep
'
36
1,730
'
-
4%c Jan
14%"
13%
*
53 % Mar
3,700
41c
Oct
Nov
y ' 1.40 Oct
^
354
12% «
,37
16
*18
42c
Imperial Oil ————
—.*•
Imperial Tobacco of Canada ordinary_5
Indian Lake Gold Mines
1
Oct
21
Jan
Ltd
Huron
Oct
2.75
27
Porcupine Mines
Gold
100% 100%
1
1
Central
Mar
86c
24 %c
-Jan
90
—
Imperial Bank
1.35 Jan
11%
17%
——
Trethewey
14c
95c
Jan
3c
340
r
Malartic Mines
Class
Oct
35
1.10
17%
Boxes
Quartz
•;
Jan
83c
•4,000
8%
35V2
—
C
!
Mines
—:
Mining & Smelting
Hudson Bay
Nov
100%
Rubber
&
Wirebound
Gold
"1.20 Oct
.
P
July.,
9c
24,900
16c
16c"
8V2 * 12%
,
35
—•
Mines
7c
42c:-
—
Mines
Gold
Howey
»
Nov
11%
__
'
Sep
15%
—25
Ry
May
-
1.37
106
108
55 55%
12c 12 %c '
11
'
26c
1.30
'
55
•
Ltd—
20c:
,
—1
-
Oil &
Gold
Hosco
■
Nov
18
ZI100
Pacific
Centremaque
143/4
58
Oct
Nov
11%
*
preferred
180
24
12%
18
•
Canadian
Canadian
14
14
__3
common
Apr
Mar
'
35c
,
Jun
; "718,250
22c'
55,200
86c
65c
12c
9
Yellowknife
Hunts
19% May
53
39
27%
14%
Malartic
Chateau
Sep
27 3/4
*
com
Locomotive
Oils
Castle
Feb
10
480
n
Canadian
Cariboo
173/4
460
*
Canadian
A
1,170
16%
34 »A
54'A
com
B_-
Canadian
23%
16
27%
•
A
Class
22%
32%
—25
Alcohol
24c
85c
-
Jan
14,100
6c
106
)
—•
Hollinger Consolidated Gold Mines
.Home Oil
16
III25
Industrial
Jan
5; 28c1 .Mar
Sep
4c
65c
38,100
85c 90 %c
7c
'
.
9
common
—
Dauch
&
Hinde
34
22%
*
common
Food Products
Oct
11%
:
Feb
Canadian Dredge
Canadian
r,
-3%C; Apr'::
149-.200
!
8c 10%c
OCt
105%
Sep
K; 85c
Oct
21%
Jan
10c
♦
Scarcee
50
*
preferred
Oct
"
Jan "
?
17c
47c
*
Mines
Mascot
880
«
Fdry
Oct
108%
,100
Feb
24c
■
105
6.50 Mar
-
19,700
15 %c
54c
89c
13% July
Feb
80c
Cadillac
9%
—.20
&
V
Apr
May
May
7.90
Nov
10%
97
102
105'A 105%
Oct
;
J; 9.25 Feb
5
17c
—*
-
Mines—
Gold
16%
common
New preferred
CamtdiHii
Celancse
Oct
32
91c
4.40 Sep
:
50
8.65
1
Gold Mines
Harricana
9%
preferred
Canadian
Jun
29
July
103
:
—
5u
——
Gold
Hasaga Mines
16%
common—;
preferred
Jun
30
Feb
52c
99
99
20%
;
>
107% 107%
—
Cotton
16%
-
Comme-ce
Apr
.
6% July
1.50
25%
30
Nov
15c
v
•'*. 24%
4,406
"
Canadian
Nov
82
"Apr
5%c Jan
3% May
*
Oct
6%
1.00 May
-
Nov
57
>
65
1,925
29 y2
1
Mines Ltd
Hedley
Jun
•"
5.10
Y'A;'v
—10
common
30
90 %c
—
Mines
Gold
Rock
Heva
July
"
150
27%
/
v
I
•
Heath
35
1.30
Jan
6.25 May
35
; ■^•-3
113,500
14c v
6% -
>
27 Vz
29 V2
common—•„
;
Harker Gold
Oct
6
27%
__
'Harding Carpet.——.
Nov
13
85
36%
28 %
.1
Bridge
Hard
,
1.25
—1
Rubber
Paper
Hamilton
Nov
25
May
32%
0
A
Bakeries
-20
;
247/8c
—
—
Hamilton
Nov
100
8V4C
6
r-1
:
Mining
Gold
Hallnor
Sep
200
44%
B
Jun
11 %c
Oct
Sep
28
July
*560
-
•—•
Oct
1.50
27% Mar
28,132
r
1'"74 •/£ 82
■•'
—1
Mines
Halliwell
Oct
7
12
50
—
130%
54
«
—1.
47/a
Feb
Jun
'
25
18
.
100
*
118-
10
6%
—1
Halcrow Swayze Mines
Oct
52%
4%
Jun
3.10
-
u
Nov
39%
!
4.30 Jan
■'
1.
Gypsum Lime & Alabastine
Nov
18 %
^ .50
—•
Greening Wire
2.40 Aug
Sep
9%. Apr
?
25
12
*
-
2.586
13
54
__
•
A—
7
1.70
5,450
11%
__
■»
Canada
Class
7
*
Canada
Canada
130
*
—J
B
Preferred
v
14
0
Power—
Packers class
Class
100
_
Crushed
1.80 ' 1.90
13V2
14% £i
* 130
'130
1.87
^
20
5%
.V23
6,815
35
5.00
'
*14%
-
Lakes
.
Campbell
Canada Cement common-
27
27
5.35
1
preferred
Gunnar
Apr
Jan
1
—
Preferred...
Jan
Jan
1.70
11%
3.05 May
6.75 May
Jan
-
Apr
-
? 36
Apr
—1
Mines
Common
Feb
17%
606
4
J
16c
100
—
I
Grandoro
Vtc
25-.......50
•35%
1
Gate
Great
>Apr
.53c
common..
Graham Bousquet
Aug
13'A
—:
Preferred
May
10c
Jan
Wares
Goodfish Mining
Goodyear Tire &
Sep
6.50
Jan
,,3%c Jan
27,800
23,500
42c
Jan
95c
1,500
12
*
—
Calgary & Edmonton
900
Mar
14
65,900
/
100
Golden Manitou Mines
Feb
78c
Sep
1.99
Steel—--i————*
Co
59c
Nov
73%c Jan
Sep
41c
•
————
68c
4%
Sep
33c
Mfg pfd.
Golden Arrow Mines—
Golden
39%
Jan
38c
218,625
-10
100
Mines Ltd
Eagle
14 %
39
v; 2.26
-
2,265-
*
1.29
." ' '82
-
100
:
5,--
Goldhawk
Jun
5.70
•
Products
2%
6,350
27
Gold
14%
18,400
15,425
v
50%
—•
common
Goldcrest
37% Aug
Sep
1.80
__
♦'
Canadian Gold Mines—.
Burlington
4%
Apr
36
•
Goldale Mine
Nov
,
4.40
2.15
.«
Yellowknife Gold Mines
God's. Lake
Jun
20%
4.20
31%
78c
Gillies Lake-Porcupine Gold
Glenora Gold
Aug
12%
25%
25
59c
28%
Feb
590
36,000
33,745
Giant
Nov
Aug
245
51c
"
1
Products
Preferred
V
Feb
13%
21c
:
Power
General Steel
Sep
18
8%
26
45c
67c
Sep
*.
Co.
Gold
preferred
General
Jun
67c
*
23 %
'
35 %
67c
1
Oct
14% Jan
4
:
49c
1
Oct
36c
24%
4
—•
30c
-
35
25%
Porcupine Mines, Ltd
Bunker Hill
__
•
x
Class B——
Building
Apr
44c
.
Distillers
American
-Buffalo
45c
17%
Light & Pwr com—•
British
Gold
Mar
15%c Jan
24,047
32c
8c
1.80
—•
preferred
5%%
Nov
Jan
103,500
"
•
Exploration
5%
Nov
12C
13c
2.60
.
Gatineau
Jun
54'
Nov
10c
2.50
1.20
,_i
A.
Apr
Aug
*
Frobisher
May
Jan
class
2.40
65c
47c
27
:
?,»
-
Nov
1.21
.-1
—
Foundation
Jan
53c
; 1.95
v
,
Canada
Francoeur
Nov
1.46
55c
Co of
22c
Oct
36
———•
Mining...
common
Class B
Oct
14%
10,100
:
British
28%
Apr
14
1.40
Oct
44c
Ford
Nov
15,850
35
common—
Kirkland
Jan
Oct
: 5;25
Aircraft
Fleury-Bissell
1.90 May
Aug
85c
33c
•
Buffadison
18
50
80c
Fleet
Feb
2.35
Jan
39c
Boycon Pershing Gold Mines
Bralorne
Mines, Ltd
Broulan
90c
85c
-
British
161
1
common—
Federal
Nov
14
174
Apr
98c
35c
-
]
Candy Shops.
Grain
2.50 Mar
50,500
Oct
Nov
103,700
__
Preferred'———,—-'-100
40% July
,29
__
3
Farmer
II %
i^r^OO
9
'
Nov
1.22
9,650
Bonville Gold Mines
&
6%
115
86,000
—1
pfd_j_i
Fanny
Federal
Nov
6%
5
Brazilian Traction
20%
1.39
1
Bobjo Mines Ltd
Bonetal Gold Mines
Brewers
Jan
-
Jan
1.72
__
1
Cordage
30%
24 %c Mar
111
Jan
61c
RS
—
Jan
Feb
7%
37c
———1.
A__
19
108 s/8
53c
* "
Mines
Electric class
11%
12c
1
;
Jan
25
I,035
110% 110%
37c
,
Falconbridge Nickel
Famous
Players/
—;
20j/8 Aug
30
6 >/»
:
Hats
Brantford
14
22%icApr
Apr
1.60
Gold
Ribbon
30
20
*
Kirkland Gold
Biltmore
30
16c 17'/2c
10%cJun
1.31
Sons!
&
26% Mar
100
Quebec Mines
Bevcourt
16%
920
1.70
Berens River Mines
-Bldgood
390
1.31
—
Bell Telephone of Canada-
Bertram
19,150
30
*
—
Belleteire
16c
Oct
*—
^
t
Mines
Gold
English
Nov
:20%
4.25
•
'
Steel—
Eldona
May
14 Ye
Jan
13
1.44
;Elder' Gold
High
60c
Jan
1
Radium
Beatty Bros class A
>
13h
—1
:
Exploration &
Beattie Gold Mines Ltd
-
432,700
19Vz
17'/2c
•
Low
,
52c
Mar
14
54c
';
Easy
Washing Machine—
Economic Investors-—--25
Range Since January 1
19
30
_
Hiah
14c
30
—*
A
Shares
Sullivan
Eastern
29 '/2
•
__
•
Power
for Week
38c
16c
10'
:
Base Metals
Bathurst
49c
10
-
Scotia
Range
'
Low
—1
;
Sales
of Prices
Last
7
1,628
•■'-'••' •175
1.25
Oil—i—^—,
Oct
14,133
:
1.25
Gold Mines—1
KastMalarHn-Mlnea
Oct
Mar
3%
■
1.50
1
Apr
19
1.35
—1
2%
102
20
l07/e
Co
High
20%
Oct
14 %
-
11%,
Mines——i—.
Amphi
V
Feb
100
yJjrf 340 V:
3%c
—r—■1,39
Mining
Gold
East
14%
5
*
19
" *
'
.
•
120
12%
19
Preferred
Donalda Minos
Range Since January 1
Low
*V;:
19%
120
Dominion Woollens common
EXCHANGE
STREET, TORONTO 1, CANADA A
Telephone:—Waverley 7411
I.
STOCK
3c
13%
*
common—*
—:
—
Dominion Tar Hi Chemical
^
100% 100%
Inv com—3V2c
class
Shares
20V*
20%
20%
—100
—
Dominion Steel
DOHERTY ROADHOUSE & CO.
V■£'0: '.' Sale Price ' of Prices
Par
\ \- ' Low Hiah
-
■
28'
•
•
|
Nov j {
Sep i i
2.09 Mar
i\
Jun
; I
-80c
4.70 Oct;
i
•
1+
•fit
THE COMMERCIAL A
2302
FINANCIAL CHRONICLE
&
"
v
•
'
;
CANADIAN LISTED MARKETS
RANGE
Week's
Range
for Week
of Prices
Shares
Sale Price
Fields
Gold
Malartlc
Maple Leaf Gardens com
Preferred
Feb
22%
Nov
10c 10 %c
8,250
7c
1.24
11,800
77c
42c
225,550
27c
Sep
100
14c
Nov
965
2,306
60
Mar
8%
105
Oct
Nov
Jun
29
Jan
13%
109
May
8c
Oct
19c
59%
Jan
73
July
Nov
Sep
19%
20
1,550
10 %
Apr
20
54 %
54%
15
54%
Nov
54%
5.15
5.45
11,305
310
12%
14c
Jan
17
33c
Nov
Class
6,478
30%
32
55
20
Mar
32
Nov
Union
120
5
92
Feb
135
May
United
70c
74c
19,260
22%
22
22%
2,711
65
70
880
73C
Apr
Oct
Jan
1.10
Feb
20% Mar
24%
Apr
57
70
Nov
Jan
20c
Jan
35c
500
10 %c
Feb
22c
31
30%
35
600
22%
Feb
35
Nov
Vermilata
21%
20%
22
Jun
5
46,000
42c
40C
43c
11,900
17 % Mar
185
Jan
1.26
35c
1.85
35C
4,000
30c
30c
36c
123,800
29c
3,925
Noranda Mines
"
57%
57%
59
1,300
1
1
97C
97c
1.04
20,200
2.35
50
59%
7c
Jun
14 %c
14c
15c
7,000
Jan
20 c
Apr
10c
IOC
14<J
9,100
6%c Jan
20c
Apr
•
72 %c
71c
74c
9,720
64c
Feb
89c
Apr
26 %c
25c
29C
121,100
25c
Nov
33c
Oct
20 %C
•
•
Mines
16%C 22%C
288,500
1.10
4,900
1.05
Sep
2.00
200
2.00
Nov
7%
7
8
1,470
3.30
3.25
3.40
17,410
1
Oil com
26c
12%c Jan
1.05
•
Mines
2.00
1
Empire
5
Apr
1.63 Mar
2.60
Jan
8
Okalta
Mines
*
Ontario
Loan
Crush
Orange
Pacalta
Page
(new)
12
17
12%
2,365
107
Jan
6
Sep
•
Oct
Lake Gold Mines
Malartic
Westons
17
110
9
Jan
12%
10,300
51c
Oct
1,20
7%c
9c
32,400
7c
Sep
18c
38C
37 %c
40c
6,600
67 %c
1.00
1.15
7,600
30%
.
,
30%
30%
225
2.33
4
2.06
2.33
116,799
37c
38c
40c
32,500
26% Aug
1.19
8c
Jan
Jan
2.33
Oct
35c
25c
46C
146,900
21c
Nov
64c
Apr
21C
20c
23c
17c
Oct
25c
Nov
1
8c
7c
8%C
5c
Feb
16c
May
Paymaster Cons Mines Ltd
1
71c
71c
77c
30,005
37c
Jan
88c
July
Pen-Ray Gold Mines
Peoples Credit Securities
1
•
39c
38c
43c
47,600
36c
Oct
59c
7%
7%
5
Perron
Gold
Picadilly
Mines
Gold
Gold
Pioneer Gold
River
Powell
Rouyn
35,133
6,245
6.70'
7.00
„1
1
70c
69 %c
75C
7,745
7,000
65c
Oct
50c
47 c
50c
23,600
25c
Mar
1
26%
26%
27%
1,215
*
1.45
1.35
1.52
5,500
1
Co
—
Gold
-
Voting trust certificates
Corporation
1.20
—
Power
Dome
7,950
18% Mar
98c
Jan
81c
Jan
Apr
Sep
4.45
Jun
7.10 July
1.01
70c
Apr
Sep
27%
Nov
2.00 May
1.65
May
12%
12
13
1,612
1.77
1.75
1.80
8,905
1.15
Jan
18
17
18
2,067
13 %
Aug
18
2.70
2.65
2.75
7,710
2.45
Jan
3.45 May
7
Apr
Queenston Gold Mines
1
Rouyn Merger Gold Mines
13
1.98
Nov
Apr
Nov
Starratt
Stedman
Steel
Co
69
2U
22
474
1.40
24,900
74c
85,900
154% 154%
14
20
120
20
19%
27
26%
27%
1,050
104%
104%
45
23c
21c
23c
54,200
12%
11%
14
6,485
,
93
150
36C
40c
41,000
J
f.oo
4. jo
b,760
.1
38c
38c
42c
4,300
•
24 %c
23c
25c
34
341/8
8734
■
39C
*i.
Mar
%
Oct
1.20 Jan
65c
Oct
Jun
Apr
102%
Nov
22% July
1.77
1.63
Mar
Feb
Jan
156
15% May
18
Jan
21
Oct
29
Oct
145
99
Feb
105
Aug
Oct
8c
Jan
41c
Apr
6
Apr
14
Jun
68%
Jan
95
July
36c
Nov
46c
3.30
Jan
5.00
Oct
Jun
Jun
65c
May
78,800
3%c Jan
30c
Oct
$7,000
32%
35c
Uchi
6%_.
Oct
35% May
ate
Toronto Stock
Exohange^Curb Section
Canadian
Fnnds
Week's
Friday
Sales
Last
Range
for Week
Sale Price
STOCKS—
of Prices
Share#
•
Far
National
Andian
Atlas Steels Ltd
Beath
class
*
*
*.
A—
9
British Columbia Pulp & Paper com—*
Preferred
100
Brown
Co
1
common.*
Preferred
Silk
Bulolo
Gold
Mills
Dominion
Canada
Vinegars
Sugar
9
62
—
Western
Canadian
Westinghouse
62
5
11%
100
Sep
50% July
8%
Jan
class
34
May
63
15
130
Apr
185
5%
6%
13,415
79
5%
79
65
2.25 July
45%
Jan
655
100
19%
Apr
22% Mar
25%
25
24
Oct
26 %
145
11
Jan
15 % July
2
Jan
14
14
9% Mar
5%
16,795
33,105
1.65 Aug
57
56
57
75
50% Mar
1.00
1.00
300
*14
15
14,745
14%
•
85c
Mar
July
6%
Nov
2.75
Nov
57
1.00
8
Jan
15
11
July
20
Oct
Nov
Nov
20
100
35c
39C
6,600
28c
Jan
40c
Feb
17
17
10
17
Nov
17%
Nov
38
38%
355
29
Feb
40%
Oct
19%
38c
9
Bridge
Donnacona
Paper
Nov
18
20%
2.75
*
Dominion
Nov
25%
-
4%
pfd
18
Oct
Nov
17
—
2.30
•
6%
79
20%
__
4%
A
Oct
Sep
310
2.70
—
Nov
11%
62
<
5
1
Apr
62
180
60%
•
2
0
24 %
180
62
•
Copper
Steel
Rango Since January 1
LOW
High
18
1
Lumber
Consolidated Paper
Consolidated Press
Dalhousie
85
62
,
Marconi
Canadian
21
11%
—
14
Canadian
HiaH
21
•
5
Canada
Disher
21
100
Bruck
Coast
Low
-
38%
960
Nov
Nov
Hayes Steel
•
21
19%
21
470
15%
Feb
23%
Oct
Nov
49%
48
51%
3,425
22
Jan
51%
Nov
Nov
International Paper common
International Paper pfd
127% 127%
140
101
Mar
127%
Nov
Feb
Langley's
26
Jan
22C
8,500
9
9%
2,565
47
46%
47
355
1.20
1.20
1.23
4,050
95c
95C
14
95c
13%
13%
52c
15c
Feb
6% May
41
Mar
45c
Jan
5,740
80c
July
10,515
18c
Jan
40c
54c
44,200
9c
8c
9C
4,300
33
33
33%
210
44
45
40
40c
9%
47
1.25
1.39
14%
Nov
46
25
46
13c 14 %C
31c
52c
42c
14,600
42c
64,400
35c
Aug
70c
Jun
4%c
Jan
10c
May
30
Jan
35
July
34
Mar
46
Oct
Feb
46
35
28c
May
Apr
Nov
66c
36%c Jan
65c
55c
126,128
1.10
1.18
49,970
.1.08
Nov
1.18
18%
665
15
Jan
18%
19
20
925
18
Oct
40
40%
435
28%
Feb
40%
405
45
27c 32 %c
16,000
5.90
5.80
6.10
15,975
i
10c
9c
11c
3,000
13%
13%
20
1.15
1.38
62,100
*
1.27
.
405
20%
20
20%
1.65
1.65
1.72
4,150
1
72c
70c
75c
10,445
34%
•
14%
35%
14
14%
80
new
Petroleum
197
239
395
237/s
3,630
100% 100%
115
23
22%
Petroleum,.
;
5%c
16%
1.06
63c
47c
7%c
8%c
6,000
19%
19%
730
15-
100
15c
25c
25c
For footnotes see page
1.30
Feb
Jan
Oct
Nov
9%c
Feb
1.20 May
2.80
Oct
Nov
18
Feb
1,025
21c
Apr
30c
Oct
41c
Feb
46c
Sep
7%c Jan
19c
Apr
44c
45c
22
15c
12c 15 %C
76,500
Oct
Oct
Preferred
Acme
6
% %
preferred
Preferred
34%
Nov
Algoma
Sep
July
35 %
Nov
Aluminium
Nov
Ltd
common.
common
Ltd
Co.
23%
Nov
101
July
Bell
:
10c
Aug
British
American
Bank
Jun
19%
Nov
British
Columbia
Pr
99
99
10
99
5%
5%
335
7
7
7%
\V- 425
71c
70c
756
37,865
45
45
100
78
79%
280
79%
50
72
Apr
Sep
67
79%
Feb
Jan
3%
Feb
30c
1.84
Mar
Feb
121/a. Nov
99%
,..,6
7
May
70c
Nov
76c
34
Jan
Apr
,
Mar
25%
25%
115
115
130
130
106%
106% 106%
18
19%
134
19%
Oct
99% Aug
102 %
Nov
15
5
295
Jan
Apr
102 %
Oct
25%
Nov
115
19%
Oct
Nov
14%
Jan
Jan
134
Nov
Jan
107
Aug
20
July
295
17%
55
27%
2,271
19%
19%
20 %
3,198
15
13
14%
161
1.866
235
15%
4,550
22%
*
22%
21%
22%
406
*
25%
25
25%
2,370
Apr
54% July
20
173
Note
15%
21
2
55%
Mar
Jan
Feb
Jun
Sep
20%
173
Nov
Nov
17% Mar
Apr
Feb
28
Sep
Jun
22%
Nov
Jan
26% July
4% Nov
May
4%
6,910
•
18%
17%
18%
1,640
11
Jan
18%
•
5
23%
22%
23%
725
18%
Jan
24
Aug
19%
19%
525
17
Jan
24
May
*
14
14 %
*
—
Canada
Jan
20
Nov
94%
16
172
90
112%
16
100%
26%
173
Jan
65
55
17
9%
525
3,800
Corp A
Oct
4
4
15%
Nov
Oct
994
9%
Jan
100
130
130
49
119%
Feb
130
Oct
—.*
25
25
25
Jan
27
Jun
11%
11%
590
Jan
11%
Nov
17%
18%
5,965
11%
Jan
18%
Nov
44%
45
49
Jan
46%
Feb
common
.
Canada
Forgings
class A'l
Aug
79% Oct
Canada
Northern
Power Corp.
Aug
102% 102%
115
July
145
285
17
Nov
80
16
17
24%
Class B —\
Cement
15%
Range Since January 1
Low
High
639
17
Bruck Silk Mills—
Preferred
19%
24
Sep
Sep
High
24%
Light & Power
Building Products class A
Bulolo Gold Dredging
46
8%
Trac
19
*
—•
Mines'
Brazilian
Shares
26%
100
Telephone
Bralorne
for Week
101% 102%
25%
Sales
Range
•
Bathurst Power & Paper class A
Corp
Week's
of Prices
*
Oct
Asbestos
Jan
7
^100
Amalgamated Electric Corp—
*
Anglo Canadian Telephone Co pfd—50
3c
1.25
pfd
26
Feb
8,500
•
;
Canada
of
May
2,010
100
9
100
9
Funds
Low
19
9
common
___,—
Steel
Aluminum
common—*
100
—
Agnew-Surpass Shoe
Mar
13
Works
Glove
82c
16% May
13% Aug
Sugar
64c
1.34
•
1.75
Atlantic
and
90c
12%
Sale Price
Par
Acadia
Oct
1.28
23
STOCKS-
Jan
11%
5%
22
Jan
Last
40c
1.30
II
common
24c
55
17%
16
45c
Friday
9,100
\
Preferred
23c
Canadian
21,145
•
Brothers
23c
11% July
Feb
3%c
Montreal Stock Exchange
58c
12%
•
common
Radio
Feb
July
Apr
45c
25c
Apr
99
46c
♦
July
1.45
Jan
82c
100
Olson Co.*.
5
1
Nov
Mar
14
10%
*
_
7,035
9
Supertest Petrol ordinary
Temiskaming Mining
Sep
71c
19%
6.10
18c
Jan
75c
*
Jan
12% May
31b
~o
common
35,425
16
Nov
100%
>
Sturgeon
1.09
2.80
16
9
Investment
Nov
1
....
1.00
2.61
1.00
41c Aug
10 %
1
Mines
Southmount
Oct
38%
.100
*
500
2.80
Nov
18 % May
4.05 Jan
9
May
9
May
15% Feb
13
25
405
Jan
29
13
o
■;
Sep
12
13
25
2%
29%
12%
25
24c
200
13
»
Apr
100
'
13
.
285
700
34%
33
»
,
10
7,983
5C
X
Grain
22% Mar
X
common
51
17%
5c
X
Oreille
Reliance
51
16 %
9
Osisko Lake
Pend
51
16%
*
Jun
19%
_•
new
100
5
Nov
18 %
1,055
new
preferred
Paper
Ontario
&
Selections
Feb
Apr
31c
1.18
50o
new,,
Ltd
Minnesota
15
100
Oct
ll%c Jan
18%
vtc
Canada
1,120
5.10
Jan
19c
38%
Co
of
99 101 %
1.05 May
26c
Nov
19c
9%
36
Mines-.
5%
Standard
Jan
3-40 Aug
Nov
I
Gold
preferred
Standard Paving
17c
1.58
36
Gold-.
Chemical
Sep
1,600
6,161
18
3,670
common.
Siscoe Gold Mines—
Standard
60c
25
3.90
13%
10%
v__;
■'B■ nw.i^-j;
Springer
42,900
24
Oct
i
Southwest
75c
3.80
Jan
Apr
Apr
8%
.-*_*—*-
End
82c
3.80
32c
Nov
9
Sigma
South
82c
11%C Aug
1.27
31c
Shawinigan .:*—*—
Southam
421,400
10
50
—
Malartic
17c
13%
*
Senator Rouyn, Ltd
Bladen
12c
15c
Jun
50
1
Antonio Gold Mines Ltd-
Preferred
16% Mar
1,775
40
Corp common
preferred
Dairies
Oct
11
18
405
Mining
Ltd A
4,638
1.52
10
Lawrence
Preferred
13%
13%
__100
Silverwoods
12%
18
•
Preferred
Simpsons
12%
1.50
«■
Breweries
2.59
13%
X
Russell Industries common
Common
6%
Sep
9
10
Co
Royal Bank
Royalite Oil
Sicks'
Apr
•
46
Creek
3%
1.80
•
*
Mines
Pherritt-Gordon
2,550
7,320
Dryden Paper
39c
Sheep
July
6%
2.46
Foothills Oil & Gas
*
L)
new
14c
8C
6%
2.40
Oct
14 %c
Scythes Ltd
July
*.9c
2.40
Sep
1
Mills class A
River
8c
Mar
15%
X
Sand
16,500
6
70c
1
Ban
14c
Oct
Oct
Apr
1
A
46% Mar
July
3%
Nov
Preferred
Class
40
805
11%
Roche Long Lac
St
425
5%
36c
Rochette
Ryanor
42
5
500
1
Gold
Oils
41%
—
Nov
450
«•
Regcourt Gold Mines
Roxana
Sep
41%
30
Bonds—
Oil
Gold
70c
24
70c
Girl
Jan
16% May
34
Yankee
May
875
1
.
Nov
36c
23
•
Mines
11%
27%
1.33
•
7% May
15
1
(P
87,226
Feb
Jun
59c
1
Quemont Mining
Robertston
60c
50c
Nov
3.15
14%
15
40
Silk
12,820
25
Sep
Jan
59c
10
common
Gold
Riverside
11%
Apr
1.20
*
"
Reno
9%
17
11
•
Preferred
Quebec
4.35 Jan
1.75
53c
1
Mines
Proprietary Mines
Prospectors Airways
Purdy Mica Mines
Purity Flour Mills
1.35
Jan
Oct
2.40 Jan
Oct
X
1
Metals
East
1.20
1.06
38c
Oct
8%
_•
Premier Gold Mining Co
Preston
4,705
46c
4.20
-
-
Porcupine Reef Gold Mines
Pressed
1.44
40c
4.05
Mines
B C
Porcupine Peninsular
Powell
1.40
43c
4.15
1
Gold
Mines
Mines of
1.41
1
-1
Mines—*
Porcupine
Pickle-Crow
5% May
100
22%
—1
Nov
47C
1
Malartic
30
14,500
22%
100
July
31% Oct
13,725
10,500
Partanen
25
1.58
14%
21%
1.40
—1
Gold
Nov
1.40
Apr
/
Nov
28
21%
Feb
Mar
25
Feb
20
•
Mines.
Gold
Jun
8%c
50c
Apr
Apr
17
24c
30
100
Preferred
Nov
59c
37 %c Nov
48c
17
50
29%
—
common
Nov
12%
•
Mines
Ltd
Winora
Oct
25
25
53c
.100
preferred
Wiltsey-Coghlan Mines
Winnipeg Electric common—
Oct
8,400
71c
4%%
Apr
25
1.45
10%
*
Products
3.05
28
1
preferred—
Jan
Jan
Jan
38c
14%
1.50
—
Grocers
28%
1.40
25% May
25
100
_
Mar
88c
28
•
com
Preferred
Westeel
35c
Oct
Sep
Sep
55c
1
Malartic
Worts
Wasa
Western
35c
Apr
112
57c
•
-
Porcupine Mines Ltd
Paramaque
li
12%
1
Pandora Cadillac
Parbec
5
40c
Oct
110
68c
Jan
32c
*
—
Petroleum
Hersey
22c
33,600
Nov
1.25
50c
Apr
•
-—
Pacific Oil & Refining
Pamour
Apr
9,500
37c
135 %
•
&
VCllnrpx
Mar
Mar
1
Nov
3.90
111
•
Ltd
Wright Hargreaves Mines
58c
60
1
Mines,
Apr
1
Mines
Oils
Pacific
8,275
54c
33c
31 %C 33 %C
•
T
...
Gold
2.26 Mar
38c
110
32c
•
common
Preferred
Orenada
36c
50
Debenture
&
50c
50c
•
1
Oils
O'Leary Malartic Mines——
Omega Gold Mines
.
Feb
135% 135%
1
West
Ymir
Gold
O'Brien
Oils
Walker-Gooderham
1
Mines
•
Oils
1.65 May
July
54%
X
Mines
Aug
May
July
—25
-
Vulcan
3.00 Mar
Feb
80c
-50
—
—
Waite-Amulet
3.5c
Jan
36%
52
*
Vicour
64c
Jun
2.75
34c
Feb
50
•
Oct
Apr
90c
195
53
—
Feb
75c
Sep
Sep
2.55
34 %c
250
Jan
_
_
Ventures, Ltd.
15c
3,290
1,670
36 %
53
_
—
Oct
15c
249
-
Steel
15c
1.69
1.95
35
a
A
Oils
July
21%
-
United
Feb
28
5
Oil
—
United
12
30
249
1.90
35
•
Upper Canada Mines Ltd
150
1.57
1.94
1
class
Oct
36,100
249
10
»
•
Jan
Oct
1,245
25
B
15
Nipissing Mines
Norgold Mines Ltd
Normetal Mining Corp Ltd
Class
33c
15%
22
—
United Fuel class "A"
29%
30
19%
0
3
B
29%
1
1
rights
Corporation
15
26c
21%
—
Mining
Class
5.70 Oct
160
1
—
A_
—
Gas Co
Union
29%
1.64
Malartic Mines
8.85
Jan
15
30c
1
—
53c
Aug
class
—.
City Rapid Transit common-
47,500
Oct
Nov
13,200
-100
Transcontinental Resources
17c
Nov
July
60c
0
A
Apr
1.25
_
Exploration
B
Twin
Jan
3.70
55C
0
__
_
Trust
Finance
Class
4.05
69c
1.25
1
_
General
Toronto
3.50
Jan
Nov
Oct
57c
•
Preferred
8.70
1.99
5.30
5
—
*
Elevators—
Toronto
39c
13,000
17
—1
1.50
65c
Nov
53
Toburn Gold
22%c Jan
27c
-50
Tip Top Tailors
Towagmac
26c
—
Teck-Hugnes Gold Mines
Texas Canadian Oil
Traders
16%
—
-
_
Thompson-Lund Mark Gold Mines.
15c
—
Mines
Consol
Preferred
8.55
100
Canada
20
120
..1
•
20
25c
*
—*
A
Northern
_•
8.65
•
common
Northern
Jan
1.85 May
38c
May
2.50
44c
27c
Jun
15c
3,460
10c
Sep
Sep
May
37c
Jan
7,400
Jan
1.35 Mar
2.95
Feb
30,984
Jan
30,214
3.00
X
Mines
20c
4%c
69c
16c
40c
19,000
3.50
4%c
1.62
6%C
3,875
12c
3.10
1.58
5c
33c
10c
65 c
73
36c
32c
10c
18%
3.30
69%
1.56
32c
Feb
68c
72
5%c
1
Jun
15%
3.40
1,000
Oct
150
High
3.3 0
89
...I
lie
1,260
21,650
7,000
May
18%
Oct
Oct
_50c
68
Yellowknife
North Star
44c
14c
13"%
8% Mar
22
18%
Low
2.00
85
Gold
Inlet
Surf
11c
f
—
Northland
Sep
10
Bylvanite Gold Mines
Tamblyn (G) common
30%
Bidlamaque
Norseman
1.39
14c
108
*
& Power
Negus Mines
Nordon
Apr
July
13%
100
Petroleum
Norbenite
Aug
15 %c
13
28%
common
Calumet
12% July
16c
National Trust
New
16 %
Apr
13%
*
National Steel Car
Nib
Cons
Feb
Jan
47,910
89
1
Sullivan
10
2.55
89
_
Contact
17%
2.35
2.40
Hiah
.100
-
Sturgeon River Gold
12
14c
Stuart
—
Bangs Since January 1
Low
-
Trust
Oil preferred
Sudbury
1,275
36c
Sterling
Nov
2,110
1.12
Shares
•
Iron Mines
Steep Rock
Apr
3,439
12
106
"
Mosher Long Lac
New
9c
40
15 %
11%
1
1
Porcupine
Sewer
Feb
22%
27%
Gas
&
Montreal Light Heat
National
Jan
14%
11%
106
&
Monarch Knitting pfd
Grocers
2c
15%
21%
710
■
Mining Corp
J>
Modern Containers common
Preferred
140
17
Mid-Continental Oil
National
7,000
40
13%
Red Lake Gold
Gold Mines
Corp
%C
4
14c
Mercury Mills
Moore
4 %C
27%
McLellan Gold Mines
National
4.15 May
39c
Oil
McDougall Segurs —.
Mclntyre Porcupine Mines
McKenzie Red Lake Mines
•doueta
3.35 Nov
Jan
13 %
AC2
McWatters
Jan
3.25
10c
1
Preferred
McMarmac
2.17
14,100
1.13
common
McColl Frontenac
28,100
15
Rights
Massey-tiarris
Preferred
3.35
3.55
12
*
Rouyn Gold
Marlon
3.05
22
*
Marcus Gold
3.50 Aug
3.40
40
Preferred
Maralgo Mines
Jan
4%c
•
Milling Co common
Maple Leaf
2.25
3.40
*
-*
10
Sales
fer Week
of Prices
Far
High
3.35
\
Manitoba & Eastern Mines
27,200
•
Rang*
Sale Pried
STOCKS—
Range Since January 1
Low
3.15
3.10
3.15
1
-1
Week's
Last
High
Low
Far
MacLeod-CockShutt Gold Mines
Madsen Red Lake Gold Mines—
WEEK ENDING NOVEMBER #
Baled
Last
STOCKS—
FOR
Friday
Friday
Canada Steamship
5%
preferred
common
—
»
-
r.
Monday, November 12, 1945
•
*
50
11%
18
2304.
-
;.(•
-1
■■
;",n\
14
295
20
7%
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4437
Volume 162
CANADIAN
LISTED
2303
MARKETS
"
RANGE
Friday
Week's
Range
Canadian
Bronze
Shares
Canadian
New
Celanese
Canadian
Cottons
8%
22,273
580
Jan
38% May
Nov
Brewers
43
Nov
British
&
16 %
15%
17
2,264
10
Mar
17
Nov
British
33%
34
1,516
28
Apr
34
Nov
British
541/2
53%
55
472
46
Jan
59
Jun
39
38%
39
540
37%
Oct
39
Oct
60
60
215
May
60
Oct
27%
27%
445
271%
27%
250
1,205
26%
Jan
of
Columbia
Packers
27%
Sep
Canada
Jun
28%
Sep
Can
Jan
47
100
170
170
170
.1
6
5%
6%
Glass
Consumers
Cork
Seal
&
Leather
Co
class
12
15%
5,285
6%
Apr
15%
Nov-
Canadian
12
10%
13
4,540
6%
Apr
13
Nov
Can
Inter
36
34'%
36
15% Mar
40
Oct
Can
17"%
18%
5,380
11%
Feb
20%
Jun
Canadian Marconi
15 %
1,420
12%
Apr
15 Va
Nov
Canadian
74'/2
73
74%
2,135
49
Jan
74%
Oct
40'A
40%
41
65
33
Jan
41
Oct
46
45
46
125
Nov
29
29
95
38
Jun
46
28%
Sep
5%
12
Power
7%
Coal
Dairies
preferred
Steel &
Dominion
12%
480
88%
75
38'A
38'A
38%
41
Oct
13 7 b
13%
14%
1,395
16%
Jun
10
10
in
3,1" '
9%
Jan
13%
Jun
Celtic
30
30
33
27%
Jan
32
Jun
Claude
29%
29%
25
Feb
30
Sep
Coai
12%
7% Mar
14
Nov
Commercial
*
29
630
Jan
Feb
11% May
3 zo
19,465
85%
Food
5'/<
Products
cumulative
13%
12
11
Knitting
Co
Ltd
General
Alcohols
Ltd
common
14
Jan
20%
Oct
3,355
12%
Jan
19%
Nov
Consolidated
85 %
2,714
72
Jan
85%
Nov
Sep
Consolidated Paper Corp Ltd
Cub Aircraft Corp Ltd
Dryden Paper
Corporation
Famous
14%
Nov
David
20
Oct
Dominion
Engineering
35
Oct
Dominion
jfuuimation
Gatineau
5%
Corp
Players Cdn
Malting Co Ltd
32
Oct
Dominion
Woollens
12%
35
27%
29%
29%
30%
440
20%
Jan
13'/8
13%
400
10%
Jan
102 »/2 103
107
100
1—:
Preferred
50
Feb
13% July
103% Oct
&
Donnacona
Eastern
Sec
May
107%
Nov
East
15%
Apr
21%
Oct
Fairchild
21
107
107
107
30
50
56
55
56
150
"
9
9
10
775
101 % May
107
—
15%
15%
455
11
Mar
Oct
Freiman
27
1,185
21
Jan
27
Nov
Halifax
Mining
*
34%
32%
34%
1,653
35
Mar
Ltd
*
14%
14%
15
4,514
30% Aug
13% Jan
16%
Jun
Imperial Tobacco of Canada common_5
Industrial Acceptance Corp com
*
13%
13%
13%
925
12%
Jan
14
Nov
35'A
34%
35%
1,825
24%
Jan
35%
Nov
18
18
130
15%
Oct
18 Va
Jan
33
Hudson
Bay
Imperial
Oil
International
Bronze
*
common
Petroleum
International Power
7%
43
6%
1.60
1.75
225
Public
Ltd
Serv
43
11%
80
.
Secord
Massey-Harris Co Ltd 5%
24% Mar
McColl-Frontenac Oil
Nov
Melchers
113%
Sep
Nov
Feb
107
Feb
20
Jan
23%
2,560
28%
200
24% Mar
20
290
16
Jan
320
15%
Feb
23%
31
20%
20
Oct
Jun
Oct
Oct
19
19%
13 »/2
13%
13%
2,713
8% Mar
13%
Oct
13
11%
13%
7,016
9 %
13%
Nov
27
27%
170
Jan
23% May
29
Jun
(Robert)
•
Molson's
Breweries
*
26%
26 %
27'%
2,600
22% May
27%
Nov
Reliance
Montreal Light Heat & Power Cons—*
22%
22
22%
5,713
20% Mar
24%
Apr
Sarnia
30
30
100
22
Apr
33%
Oct
27
27
27
346
22
Jan
27
421/a
42
42%
545
37
May
21%
20%
21%
5,840
Tramways
100
:
—
Paint Co'common
National Breweries
common.^
National
*
*
Corp
Steel Car
Weaving
Wire
Niagara
26
Jun
United
Corporations
Jun
United
Distillers of
29%
Oct
United
Securities Ltd
23
Oct
Windsor
22
22
22
63
15% May
Ottawa
Light Heat & Power com—100
Placer
Ltd
Rolland
Faper
Sheiwin
(H.)
&
Canada
City
Transit
15
50
9%
Apr
17
Sep
Beaucourt
16%
17
315
15%
Feb
17%
Oct
Beaufor
23
23
60
22
Jan
25
Oct
15
15
106
106
8%
11%
Jan
15
Bonville
Oct
107%
Oct
Nov
Brazil Gold
Jan
38%
Nov
Cartier-Malartic
58%
Jan
79
Oct
Central
2,754
16%
Feb
22
Oct
Oct
Oct
Cournor
Winnipeg Electric common
22
21
35
28
50
Jan
28%
153
16 Va
111
Dome
Nov
Donalda
Mar
East
Malar tic
Sullivan
19%
19%
460
15
Jun
19%
Nov
East
13%
13%
575
10%
Jan
14%
Oct
Mines
Ltd
Mines
12
6,600
8
July
12
Nov
Eldona
79
421
69
Jan
79
Nov
80
80
250
74
Jun
27
550
16%
Apr
Jan
80%
27
27
Nov
Francoeur
14%
130
11%
Jin
14%
Jun
Goldora
6%
2,485
27
13%'
6%
14
14
63
65%
3%
12%
56
32%
Nov
16 »/2
Feb
Jan
22V»
Nov
27%
281/2
475
22
Mar
870
105
100
100
Apr
28%
Oct
Kirkland
Lake
22%
Oct
Labrador
Min
13
11%
14'/a
15,477
88%
93
34%
29
6% Jan
101
Nov
14%
,
Lake
Jun
Shore
Oro
Jan
93
Nov
Lebel
23
Jan
34%
NOV
29
Jail
Macdonald
14
Jan
17%
16%
Apr
20% Aug
395
18%
19%
1,650
29%
30
157
27
10"
18%
18%
585
15% Jan
May
30
Jun
Gold
Mines Ltd
Mining
Co
Nov
Pato
18% July
Gold Mines
Ltd
Ltd
Abitibi
6%
7%
Power & Paper common
cumulative
preferred
preferred
Bathurst Power &
5%
75%
100
Paper cl B
For footnotes see page 2304.
*
Stadacona
Range Since January 1
Low
-
2% Mar
High
*
5% Nov
5%
Sullivan Cons Mines Ltd
Oil
5
23
Feb
27
15
461
10%
Feb
vJ5
66
66
25
571/2
Feb
66
Nov
12
103/4
12
893
6%
Jan
14
Mar
93%
93%
106
104%
r-
1
61/4
5
-78
100
45
25
43
44%
93%
May
£9
Jan
35
638
17
17
11
10
11
112
111%
112
25C
6,679
12
12%
360
26
26
40
—
10
*„■.
230
Jan
•
V
50
Jun
20
July
' 6
11
107
22c
Nov
/ Jan ..
May
112%
Oct
Jan
30c
Apr;
-
81/4
12%
Jan
17% May
17
Jan
Nov
26
Nov
23
385
7%
205
3%
Feb
7%
51/4
260
4
Jan
8
10%
10%
47
8
May
36
36
175
10c 10 %c
39c 39%c
—
—
—
--
Nov
106% Jun
46% Feb
/
36% May
15
Apr
755
24c
—
Sep
"
106
*
43%
Nov
May
4
*
"
45
29%
-
;
23
"Nov
NOV
Feb
11%
Oct
Nov"
36
Jan
26,353
77
3,369
44
Mar
77
Nov
Calmont
173
116
144
Jan
173
Nov
Home
5 Va
6%
1,133
3
6%
Oct
Oil
Oil
Co
9c
Oct
19c
6,800
9,080
39c
Nov
44 %c
7%c
3c
Jan
23c
May
45c
65c
139,550
17c
Feb
65c
Nov
1
July
Oct
Sep
12,500
37c
Oct "•
48c
Nov
1,000
52c
Nov
57C
31c
34c
12,250
>8c
Jan
51c
Apr
21c
1,000
21c
Nov
21c
Nov
30c
34c
18,000
30c
15C
17c
3,000
6c
Jan
27c
May
9C
34c
87c
48C
52C
21c
34c
Feb
38c
52C
70c
41 %C
1
1
A
25,700
7c
9c
500
7c
May
31c
May
6c
Jan
18c
May
4c
Jan
54c
May
,33cr^Juin
60c
Jun
70c 74%c
9c
10c
37%c
8,210
9,100
36c 38 %c
80,400
47c
4,200
40c
65 %C
42c
4,800
10c
Jan
69C
5,800
58c
Sep
26
Sep
65C
28%
100
1.40
1.45
2,100
2.55
2.55
100
28%
1.40
1.21
60c
Nov
45c
36c
4.30
1.20
1.25
2.04
1.95
2.14
5.10
5.10
5.10
!
.
29
1.50
Oct
Mar
3.10
Sep
4.90 Feb
6.10
Jun
20c
200'
80c
1.75 May
Nov
85C
87C
6,700
34c
15,900
56C
67C
50,700
6%C
6c
6%C
24C
9,500
5,000
3 V«C
24c
16c
Feb
68c
68c
72C
9.600
7%c
Jan
14c
14C
16C
16,200-
7c
Jan
1.70
Jun
7.00 May
Apr
1.10 Oct
30c
170
Jun
2.40 Mar
2.99
Jan
80c
1.70
Jun
May
75c
Sep
52c
1,800
7,300
11,700
Oct
45c
1.15 Mar
2.55
33 %c
7,200
62c
28c
87c
,
300
1.16
2.45
July-
67c
20%c Apr
Nov
46c
Jan
Sep
Nov
13%cMay
Jan
24c
Oct
1.50 May
.?
28c
2.00
Jan
8.00
Apr
Aug
Oct
7.(10
7.00
300
22%
23%
3,945
18
4%C
4%C
1,000
4%C NOV
1.28
1.35
2,300
46c
1.80
1.95
4,000
33c
28.000
30c
3.25
3.25
3.50
3.80 Apr
37C
40c
4,800
19,800
Jan
37c
10c
Feb
46c
Oct
41c
43C
8,500
24c
Sep
62c
Apr
6
6
200
1.41
1.42
6,500
40c
45C
1,500
23%
Ltd—^.1
-
Ltd
1
1
1.41
1
1
Ltd
1
;
Ltd—
Homestead Oil & Gas Ltd
2.25
4.75
*
1.55 Oct
July
2.20 Aug
T.20
43c
Nov
7.10
Feb
Jan
21c
July
Apr
f
/
Aug
Oct
1.79 May
51c
Sep
Apr
14c
2,000
6c
Jan
25c
4lc
18,500
15c
Jun
1.32
100
34c
Jan
65c
> 1.45
74c
Apr
74c
74c
200
;66c
Aug
80c
Mar
14
14
14
11 »/4
1,000
Jan
75C
75c
80c
21,950
65c
Jan
83 %C
90c
26,274
60c
Mar
46C
42 %C
46C
2.95
3.10
10,150
39c
500
4.20
4.20
~ 44.0
20,000
12c 13%C
24,500
41c
11,350
3.00
39c
1
9c
1.55 July
84 %C
1
24% May
39C
14c
39c
J
Jan
Jan
1.32
*
Stocks
5%
Jan
Mines
Gold Mines—
Standard
.
75
5%
(Quebec) Ltd
Ltd
Mines 1944 Ltd
Mines
Gold
172%
*
100
RQuyn
Sigma
Shares
26
15
Yellowknife
SIscoe
for Week
High
26
15
14% Oct
171/4 Oct
Feb
5%
}
Cadalllc Gold Mines
Senator
Sales
Range
26
2%
30C
Sherritt-Gofdon Mines Ltd
Canadian Funds
of Prices
11% July
5
1.35
Mines Ltd.
Cons Gold Dredging
Perron
Montreal Curb Market
Low
91/8 Mar
6,500
6%
■
63A
Ltd
Paramaque
Quebec
Sale Price
2,828
17%
6%
2% Mar
1.95
Ltd
Mines
Red Crest Gold Mines
Par
141/4
16%
6%
8551
22%
Rochette Gold Mines
STOCKS-
133/4
163/4
Yellowknife
Pandora
r
Week's
28% July
Sep
.9V4 Oct
.108
Feb:
14
9
7%
Lingman Lake
28% Mar
16%
Last
Oct
13%
July
84c
&
Mines
75
100
100
16%
Friday
-Oct/
8% Mar
7%
80c
Explor Co Ltd
Mines Ltd
415
^
68
22%
1
1
1
1
1
Jan
.
•,
•
Kirkland Gold Rand Ltd
Jan
2,239
Jan
6% May
9
1
19%
520
22%
106% IO71/2
91/2 Aug
4% Mar
24
41
—41
1
18
21%
107
"
Jack Waite Mining Co
22% Aug
27%
27%
*
Joliet-Quebec Mines Ltd
21
10
1
f
Jan
Jan
18
Heva Cadillac Mines
75
10
Scotia
22%
12
466
-
O'Brien Gold Mines Ltd
Royal
1,450
1,571
22%
177
327
...
58c
J-M Consolidated Gold
Banks
—
33%
15%
21%
1
Jun
Mar
22
Montreal
31%
14%
41
Ltd
Mines
Mar
70
27
34
6%
15
65% Nov
355
21%
29
Jan
Gold
Mines Ltd
Mar
22%
*
Apr
Forrnaque
58
27%
16%
9
4.20
Nickle Mines
Gold Mines
1,170
101
100
10
925
0
1
w
Falconbridge
80
Commerce
13%
Mines
Mines
Gold
11%
"78%
79
Nib
Nova
Mines
Elder
*
*
13
*
*
1
Ltd
Nov
28
35
19%
25
comman.
preferred
Mining
111
13%
12*
"6%
400
1
1
5
Gold
Jan
Apr
Mines Ltd
Cadillac Gold
Centremaque
Mar
22%
1,860
111
35
Mar
145%
655
28
111
-100
Preferred
Ltd
Mines
Century Mining Corp Ltd
*
common
Mines
Gold
18%
925
*
Ltd
Ltd
M Corp
& Diamond
3,737
65%
9
8%
1
1
Mines
Gold Mines
Bouscadillac
10%
20%
*
& Worts com
Gold
Jan
% May
38%
25
Jun
55%
—
21
27
Oct
61/2
8
—I
Gold Mines Ltd
76%
153
7
55
1
20%
27
Oct
9%
16% Mar
8%
1
1
Gold-
Mines
Gold
2
29,495
153
„
4"
Mines
Limited
75
—41
2-
—__
Jan
65c
35
35
4
39C
35%
28
100
*
Ltd
76
27
51/4
*
Lake
Red
105
6,475-
10%
Jan
7
100
15
106
*
51/4
41
Bobo
*
(Geo)
Wilsils
Ltd
15
common—*
is,
z—*
_—I—
Preferred
Weston
69
Mines
Beatrice
*
comnjon
Walker Gooderham
>
Quebec
Aubeile
Feb
*
Rapid
Wabasso Cotton
Zellers
Astoria
Nov
25
Biscuit
Viau
Nov
46
103
_*
common
Steel Corp
United
13
Feb
Mar
9%
Apr
*
Ltd
Mines
32
J-—*
Power—
Chemical* common"
Brothers
Twin
Arno
100
*
50
Mar
41
-
Jun
49
Jan
5
15
Alger Gold Mines
Nov
*
Preferred
Tooke
Nov
27%
90
100
of Canada
Co
21%
4,055
*
4
Qanada
Standard
Jan
18 % Mar
5,585
•
*
Southern
14
1,425
13
—_100
Ltd
Co
Steel
com
common
Preferred
1,095
46
16%
2
34%
100
Copper Corp
21%
11%
July
Stocks
Aldermac
102
.
Soiys
Southam
Nov
Apr
'7
30% Jun
Jan
30c
6,961
v
July
62
27%
41
*1
Breweries
Simon
101
44
_
Preferred;
Sicks'
Mining
Jan
99
102
12%
44»/2
preferred—-— 100
Power
*
of
Williams
Oct
Ltd
Manufacturing Co
26 %
100
common
preferred
Paper
Shawinigan Water
Woods
21%
27
25
preferred
Lawrence
15%
NOV
•
•
Lawrence Corporation
A
St
Jan
52
57% Mar
35
355
•
;
common
Power
8%
905
62
*
common
preferred
Provincial Transport
Quebec Power
Regent
Knitting pfd
Saguenay
Jan
B
Canada
Ltd
100
Corp of Canada
5%
St
14
100
62
0
Bros & Co Ltd
Price
13 %
100
1
Co
River
Power
'
28%
550
*
common
Development
Powell
14
52
100
Preferred
Penmans
50%
51
Rwys
Hotel
48%
24c
Ltd A
class
125
6%
Jan
Jan
,
20
*
59%
85c
3%
3% Mar
25
100
red pfd—100
Co
Gas
Apr
315
Electric
Union
Jan
29
Ottawa
United Amusement Corp
24% Mar
58 %
29
common
Jun
665
8%
0
pfd—.—100
6%
22
2,140
16%
Invest Co Ltd
20
57%
29
Products
Pr
Southmount
50
58
Ogilvie Flour Mills common
Steel
Canada
Aug
42% Oct
1,740
6%
r
Mar z
8%
com—
Ltd
92
Noranda Mines Ltd
Ontario
Southern
Ltd
Co
Co
1,270
25
24%
,—
17% Mar
Quebec Pulp & Paper 7%
Grain
6%
291/8
18<
Apr'
,1%.5%.--;N0V-";
Sep
2
16%
—
10
Bridge
13
6
47%
10
& Ontario Paper Co
5
Refrig & Stor Ltd com
*
1st preferred
—30
2nd
preferred
20
Moore Corporation Ltd——
*
Mount Royal Hotel Co Ltd
0
Nova Scotia Light & Power com
41
Pr Corp of Can 6%
cum 1st pfd—100
6 Vc
N C part 2nd pfd
50
Mitchell
Montreal
—
85c
Montreal
Oct
27
Murphy
6
19% July
120
28
—
*
Minnesota
12
28
19'/2
common
Preferred
43
110
19%
r_3
*
McColl-FrontenaC Oil
pfd
pfd
6%
Ltd
Distilleries
Jan
_•
Candy—
Massey-Harris
Co
—
46
Jan
23%
*
Ltd
Power & Paper
11
6
28 %
Milling common—*
John A—
Lang & Sons Ltd
Nov
110
5,215;
*
•
*
Inc
preferred
26%
275
23%
Lake of the Woods
Laura
110
110
35%
Apr
11%
(John)
35%
Oct
40
1-100
Preferred
Co
35%
*
41
John P & P
Lowney
35%
20%
11 'A
Oct
Jun
97%
43
20
Nov
191
30
Feb
18 »/2
MacLaren
111
15
11%
Maple Leaf Milling Co Ltd common—•
111
Nov
50
Feb
Oct
Nov
Feb
42
20
Jan
Sep
127%
20
Jan
/• ;
7'/2
Nov
27% May
108% Jan
Jan
30
9%
41
685
18
150
1,135
52
3,190
205
15,445
Jan
22
20
42
18%
*
*
J)
(A
•
7 2.00 May V
,
18
41
Hi/4
"
Insurance
■
Sep
Nov
16%
Jan
46
Jan
60c
Pet
v
75c
15
Jani/
.11%
Jan
21%
if
Mar
17
21%
39%
8
Apr ».s
8'A
Nov
6% Nov
11%
31%
22
45
com
Ltd
Corp
Lake St
Lambert
A
>
20
__
0
Company
Hydro-Electric Securs Corp
International Paints (Can) Ltd A
.
20
*
*
Companies
(Alfred)
Jan
25c
1.75
17
,
Sec
Ltd
7%
50c
5,538
29%
46
15
Utilities
International
Fraser
7%
22,047
50c
65
Feb
3%
Oct
60c
Mar
42
2,375
51%
class A
Ltd
Power
6%
6% Noy
Feb
25c
4
15
250
•
100
Foreign
Oct
175
5%
Jan
4
12,150
65
50c
2,564
127%
126
15%
30
..
60c
13%
17,836
*
Ltd
Co
common
Preferred
Labatt
47%
100
Preferred
International
Feb
6%
55c
14%
52
32
39
49%
15
common
'
40
of Canada com—*
Nickel
International Paper
6%
1,580
Sep
63
6V4
-
Oct
151/2
6%
55c
*
40
30
25
Preferred
International
Jamaica
8%
15
14%
17
Federal ;Grain
Oct
Jan
11 '/a May
41/8
Ford Motor Co of Canada class A
9
57%.NOV
12
Sep
•
■;7
500
17
Fleet
14%
Mar
61/4
Sep
Nov
2.75
248
4%
Nov
25%
8%
2,755
50
10
NOV
/101
.
1.80 Aug
15
pfd.100
Nov
15'/2
Miines
Smith Paper common
cum
Nov
25'/2
Bridge
Howard
9
30
.
12
Apr.
Apr
*
Nov
15%
5
7'/<>
Ltd
Co
4'/2
46
s
Nov
13%
6% Jan.:
,•
*
.
10
Aircraft
■
0
Ltd
56
*
Hamilton
Kollinger Gold
14
57
Aug
6%
1.90 NOV
15
20
Products
Aircraft
$
1,365
10%
15
Jan
15%
„
*■
Ltd
May
14
13%
55
10%
Jun
2
.
Jun
a
Works
Kootenay Power
•
41
5
Gypsum, Lime & Alabastine
1,305
1
Aug
Mar
168
100
•
106
55
Oct
29
May
740d V Jan
114,750
0
5% May
8% Jan
54
12
10%
Nov
Jun
Feb
•
A
Limitee class A
Paper Co
Steel
101 %
20
7
98
5
;
Div
Frere,
20
20
100
inc 1927
common
97
165
775
107%
•
Preferred
(Charles)
Feb
13'A
100
*.
preferred
Goodyear Tire pfd
8% May
Jan
•
General Steel Wares common
Gurd
125
Feb
"
common
preferred
5% '<
5,410
17%
35
13
*
Canada
oi
oo.
Power
14%
17%
35
13
*
1
Electrolux
161%
13%
2.75
100
20
30
2,262
95
*
com:
19%
165
15,980
12
791/2
261/2
10
100
5%
1.90
2.50
*
Adv
19%
165
14'A
4%
Nov
107%
Aug
95
Nov
61/4
Jan
%
Sep
/ 170
Jan
v-
20
It
20
95
15
79%
*-—100
Preferred
45
"
Neon
45
7
22% Mar
100
4,440
v
2.70
'
Dominion Textile common—±
28
168
■
1.50
*
com
preferred
181/2
290
100
*
•
—1
Ltd
*
77
1
19%
common—•
100
4%
1
*
Westinghouse Co
Cassidy's Limited common
Catclli
I"-
7
100
Canadian
Oct
28
166
v'
*
common
18'/2
•
Tar & Chemical
Juiy
42%
28
167
*
100
*
Ltd
105 106%
100
Company—
Paper Inv com
85 %
Ltd
Stores
13'/a
25
a
ciaoo
pfd
Preferred
14
35
Preferred
Dominion Foundries & Steel
Dominion
12%
88 »/2
41
common
B
&
Vickers
121/2
Aug
63
640
preferred
88'A
Jun
37
Z/'vZ 635
Canadian Western Lumber
*
25
Bridge
Dominion
class
cum
preferred
Canadian
30% July
12% July
Ltd
5%
14%
*
Dominion
Tr
18
•
B
791%
25%
Light & Power Co,
Inv
15'A
*
Distillers Seagrams common
78
25%
Industries
44%
14'A
—0
•
A
79
25%
Corp Ltd 7% pfd—100
Dredge & Dock Co Ltd
*
5
& Smelting
Nov
Mar
361% May
140
Aug
2.30 Jan
.
/
*
Sugar
Pow
*
Consolidated Mining
12
25%
25
35,161
—100
Dominion
Canadian
45
330
Jan
5
25
*
Locomotive
Canadian
Canadian Pacific Railway
23 Va
175
*
Cockshutt Plow
Feb
388
63
common..
High
8%
25
24% *
3,168
32
441/2
Mar
Low
12
32
——
&
North
'■
62%
Ltd
Preferred
26%
24%
Range Since January 1
High
•
32
•
Investment—*
*
12
62%
Company
33
12
Shares
*
Preferred
Brown
Low
5
Ltd
Sale*,'",
for Week
Range
of Price*
Puip & Pap Co Ltd com—*
Col
•
Foreign
Ind Alcohol common
Class. B
Van
American Oil Co Ltd—
33»/2
46
Distillers
/■
Week's
Sale Price
Par
22%
*
Canadian
Canadian
Dominion
43
*
25
common
Preferred
Dominion
43
100
Converters
Class
43
—100
Canadian
Davis
22%
*
common
preferred
Crown
Hiati
20%
STOCKS—
*
preferred
9
Last
Range Since January 1
LOW
High.
25
Canadian Car & Foundry common
New
Low
22 Vi
*
*
common
NOVEMBER
for Week
of Prices
Far
common—
ENDING
Friday
Last
Canadian Breweries
WEEK
Sales
Sale Price
STOCKS—
FOR
12c
■/■
1.50
39c
3.10
14
90c
1.05
Oct
Apr
May
Apr
Nov
1.00 May
Jan
3.80 Apr
Nov
39c
Jan
4V»c Jan
Nov
4.40 Nov
18o
May
.
Monday, November 12, 1945*
CHRONICLE
THE COMMERCIAL & FINANCIAL
OVER-THE-COUNTER MARKETS
{
Quotations
Friday,
for
'
November 9
'f,#
For
Quotations
Specialists
in
on
Real Estate Bonds
Shaskan & Co.
OVER-THE-COUNTER SECURITIES
Members New York Stock Exchange
Firm Trading
Markets
Members New York Curb Exchange
in
40 Exchange
Place, New York 5, N. Y.
ACTIVE ISSUES
250
Bell Teletype NY 1-953
DIgby 4-4950
Tel:
120 Broadway/ New York
Ward & Co.
.11
2-8700
1-1287 & 1-1288
REctor
Phone:
Tele. NY
Members New York Security Dealers
jSetafcllehedl 1920
CHICAGO
Wires to
Direct
Reorganization Rails
Association
PHILADELPHIA
—
(When,
Bid
Bonds—
Chic Indianapolis &
-1
10.51
11.52
Affiliated Fund Inc
IV*
6.19
6.77
Shares——1
Investlng-lOc
4.74
5.20
Series
14.11
15.31
Series
K-2
American Business
Foreign
American
Axe
k
ABeneficial
i
—-
Boston Fund Inc.
"If Broad Street Invest
Bullock
:1l
108.07
America
of
Fund Ltd
25.49
41.35
44.70
24.12
-1
34.76
Century Shares Trust
Chemical Fund
12.85
--1
Christiana Securities com—100 3,075
;!■ Preferred
—100
144
Commonwealth Invest——
1
6.57
Consol Investment Trust
1
64 %
„
7.28
15.86
17.33
16.17
17.35
Mutual
Natlon-Wide
•
_
23.20
1
9.27
Inc
12.03
1
National Investors Corp
149
Bond
13.01
,
8.40
Low
5.99
1.83
Preferred stock scries
9.49
4.81
28.66
Speculative series
4.98
17.52
18.73
Stock
7.77
27.28
29.38
2.65
Fund, IncFund
b
7.83
8.70
33.57
36.79
_•
45.22
II
6.42
Financial Industrial
Mutual Trust
General Capital Corp
General Investors Trust—
16.61
10.12
11.12
Diversified Investment Fund—
13.50
13.17
Electrical Equipment
Food shares
14.45
6.82
7.50
Administered
8.76
9.63
Oils
equipment
stock
Machinery
-
Merchandising
8.19
9.89
8.47
V;
RR
B
|V Utility shares—
Income
Foundation
1
7.72
Petroleum
4.47
Putnam
6.46
Republic Invest Fund
7.48
6.10
7.81
Fund,
Fund Inc
1.84
Incorporated investors
0
Independence Trust Shares-—•
2.80
f:
r.
21.33
1.29
Wellington Fund
10
33.67
17.05
B-2
•fl Series
B-3
Holding
^„m
Huron
Pow
Lt
&
10
52%
3s Jan.
3s
1,
54%
2%s Feb.
106%
104
105
108 'A
102%
100%
Northern Ry—
1990
102%
103
2000
102%
102 JA
1974
104 %
105%
City Southern 4s—1975
3%s_1980
101%
102 %
Lt &
Pow 2%s
Gas Lt 3%s.
1965
-
bO.90
100 13
U S Conversion 3s.
1940
100.9
104%
U S Conversion
1947
102.28
tPsc
15.
1961
133 %
tSept.
<
0.90%
April
15,
Other
101.1
100.2
100.21
100.30
100.31
100.15
100.16
101.4
101.6
-i%%
-Vh%
'
•
1946
100 %
99%
100 %
Southwestern Bell Tel 2%s_. .1985
Texas & Pacific Ry 3%s— .1985
101 %
102'A
.1975
101 %
102 %
101
101%
Texas Elec
Texas
Union
Service 2%s
Pacific
Western
Lt
Tel 3s__
Preferred Stocks—
101%
105..
Allied.Stores
105%
105%
Armstrong
4%———
Cork
Cork
102%
103%
Monongahela
1974
106%
107 %
1975
1975
99%
100%
k__
Ruppert
Union
106'A
1975
101%
102
100
103%
104%
*
108'A
109'A.'
Par
(Cal)
100
$3.75
Westvaco Chlorine $3.75
j
^
.
50%
'
109%
110%
-
104%
105%
50
—2
Power 4.40%—100
(Jacob) 4%
Oil
105%
3%%
Seal--
&
100
.1990
3s
&
104%
N
Light 2%s, .1975
&
Power
99%
-
*
103%
104%..,,
*
102
103
F
3s_
United States Treasury
,
of Indebtedness—
Bid
.0213
Jan.
1,
■
.
r
.0262
.0236
.0278
.0206
.0282
.0301
.0394
.0189
.0299
.
'.I
b0.375
0.35%
b0.375 0.33%
January 31,
1946—
February
1946—
0.32%
b0.375 0.32%
1945-
1945;
13, 1945.
20, 1945
b0.375
0.33%
Jdnuary 3,
6,
b0.375 0.35%
b0.375
0.35%
b0.375
0.35^
b0.375
0.35%
.0289
.0219
0.35%
b0.375 0.32%
December
.0276
.0223
0.34%
b0.375
December
b0.375
0.28%
Ask
b0.375
December 6,
1945
1945-
November .29,
Ask
-
Bid
1945-
1946—
January 10, 1946—
January 17, 1946—
January 24, 1946—
b0.375
November 23,
Dollar Price 100 Plus
1, 1945
Bills
for discount at purchase
Ask
December 27,
November 15,
point
t7/as May 1, i946
*%s June 1. 1946
'
.
.
t0.90s
a
1946
t7/aS Feb.
.
;■>-
32ds of
are
Treasury bills—
1, 1946
±7/aS March 1, 1946
t%s April 1, 1946.
>
r
.
more
t7/as Dec.
100.14
1947.
or
Certificates
.
100.20
1947.
1948.
100
Issuea
Maturity—
100.13
15.
107%
Public Serv (Okla) 2%s___. .1975
.1975
Reading Co 3%s
Ki
ftak
iv*%
tSept. 15,
tSept. 15.
103%
106%
104 'A
134%
100.1
1946.
tMar 15 1947-
101%
103
3%s_. .1975
103
100
%
101 %
.1975
Eiec 3%s
(Indiana)
Serv
100.11
Bid
%%
.1965
3s
Debenture
0.80%
101.10
100 11
Int. Rate
1
1041/2
1975
Narragansett Elec 3s_
Y Connecting 2%s
Northern Pacific 4%s
Ask
Aak
105 %
Mountain States Power 3s__1975
Bid
Figures after decimal point represent one
tDec. 15, 1945.
IMar 15. 1946-
39%
Bid
Crown
Monongahela Power 3s
Quotations For U. S. Treasury Notes
;
89
103%
100%
Bid
1
58%
84%
105%
104
Bates quoted
Maturity—
55 3A
36%
4
10
2.50
Pacific Gas & Electric 3s~. .1977
.1975
Pennsyl Pow & Lt 3s
Portland Gen
104
2%s
3%s
Banks—
Panama Canal 3s
i
41
Westchester Fire
Pub
99%
Power
2%s
106 %
k__
103%
Kansas
104ft
1, 1955-1953—
1950-1948
--
37%
125 %
47
Aik
107%
Great
Page 2287
101.8
100.9
1956-1946
1,
35%
121
Security Issues
1953
1.00
100.11
1956-1946
May 1,
1%S Oct
80
53 3A
586
U S Fire
1975
Serv
Erie RR 2s
Obligations Of Governmental Agencies
Loan
77
12 %
38
U S Guarantee
Minnesota Pow & Lt.3%s—19,75.
Home
25%
45
32%
101%
Laclede
Federal
7%
31 %
571
37
100%
Houston
Ask
6%
29 J/a
23%
10
119'A
Kans Okla & Gulf Ry
Bid
15 «/8
42
100
—
30'A
1974
-1965
3 %S
federal Land Bank Bonds—
99'A
39%
Fidelity & Guaranty Co„2
U 8
1975
Pub
Vt
Consumers
8%
85c
FOR NEW YORK CITY BANKS & TRUST COS.—See
64
13%
2
Standard Accident
114%
3%s—1974
Birmingham Electric 3s
Celanese Corp 3s
38%
8
Holding Corp
112%
59%
95%
25
Travelers
35%
97
10
Springfield Fire & Marine
10
5
106 %
10
10
92%
15
91%
10
Paul Fire & Marine
36
Bonds—
22.47
36%
First Boston Corp
22.10
10%
54%'
11%
9%
8%
25
10
10
5
10
Security New Haven
19%
51%
Cincinnati Gas & El 2%s__1975
Conn Lt & Pwr 3s ser K__ 1980
1
26
Seaooard Surety
10
Arkansas
20.60
Corp
30.28
St
69%
Bid
Cent
Blair & Co
30.12
27.61
20.16
-
15%
26'A
Recent
Investment Banking
Corporations
Amerex
28.76
B-l
8eries
14%
5
15
Fire
16 %
24'A
Fire
(Paul)
24%
0
preferred
49%
15%
(Texas)
Republic
65%
10
American
32
47'A
(NY)
Corp
Reinsurance
6
Rutgers Fire com
Hartford
36.59
16.68
&
2nd
17.82
_-|
—
0
Hanover
20.25
16.26
Indemnity Co
Revere
0
Globe & Republic-.
27.53
24.91
U S El Lt & Pwr Shares A
Keystone Custftan Funds—
Series
65%
112 %
Newark-.■
29%
167
62%
108 %
10.07
Union Preferred Stock Fund
1
1603a
10
10.84
1.19
Fire
Phoenix
20
10
34%
1.11
9.91
19.70
42
Providence-Washington
of
185
32%
67.50
9.21
-
1.17
America
Investors Fund 0_
,
—
1.07
,
Stock and Bond Group sharesof
C
-
Pacific
37%
39%
54%
23.32
B
Northern
•
7%
6%
175
58%
10
25.27
99c
A
series
70
54%
62%
87c
64.50
Fund
67
5
River
64
Globe
8.27
79c
17.98
Bank Group shares
Co
7.55
1
10c
Northeastern
10
Great
Unicn Common Stock Fund B
Aviation Group shares
Investment
15.36
24.50
Bond
Series
Ltd—
Insurance Group shares
■'(
114.78
14.09
Utilities
Series
Securities
112.50
State Street Investment Corp—
Trusteed Industry Shares
25o
3.14
Institutional
•
2%
Inc
North
10
4.94
Union
2.01
34.20
,
18.09
4.50
Fire
23%
Fire Assn of Phlla
20
16.82
Sovereign Investors
-
31.81
—
15
York
25 %
44
59%
2
—10
Hampshire Fire
21 %
5%
41
5
2.50
5
12.50
New
23%
-10
Fire
8%
4%
10
New Brunswick
10
Glens Falls Fire
1
7.10
Preferred Accident
Firemen's
7%
4
2
Casualty
Amsterdam
_8
General Reinsurance Corp
Gibraltar Fire & Marine
1
Fund
Selected Amer Shares
Standard
—10c
Common
•
Trading
New
Fidelity & Deposit of Md
Scudder, Stevens & Clark
6.39
&
(Geo)
89
6.85
Fireman's Fd of San Fran
3.45
7.10
—.
1956
5.81
-
Series
6.80
shares—
6.70
5.54
stock
84%
7%
Federal
3.76
5.87
shares
I
4
20
Fire
Union
Employers Reinsurance
shares—
4.05
-
Steet shares
Tobacco
Trust
1955
7.02
-—_
Equipment shares
Railroad
Amer
Series
6.09
Railroad Bond shares—"
25
100
Franklin
North
9.73
10.68
63 %
National Liberty
Pacific
12.56
9.72
-
National Fire
44%
6%
Crum & Forster Inc
9.32
Railroad
8.90
-
72%
41%
2%
Fire
17%
92%
61%
10
69 %
42%
88
12%
8
(Detroit)-.10
Casualty
National
—
113%
16%
—
10
Employees Group
10.87
Steel
Fire
15
111
40%
Fire N Y
Mfrs
Monarch
31
1
Merchant Fire Assur
Merch &
49
29%
20
Casualty
Maryland
Massacnusetts Bonding
25
Surety
Connecticut General Life
9.01
Railroad equipment
11.21
11.44
& Mining shares
B Petroleum shares
23
Continental Casualty
13.01
10.40
Merchandise shares
10
City of New York
9.32
10.38
Price Shares
Low
Reserve.
Camden
15.06
9.47
Institutional bond shares
71%
46
—
-
Hit
BM
Par
Inspect—10
HOme
mmmmi
Homestead Fire
10
...Znsur Co of North America—10
Hartford Steamboller
New
11.84
9.45
Industrial Machinery shares-
10
Bankers & Shippers
Boston
13.56
10.69
bond shares
General
Re-Insurance
12.82
13.71
Metals
—
shares—
10.77
12.34
11.84
Electrical
Insurance
7.69
11.67
8.47
11.02
11.18
6.99
—
20%
75%
24%
Baltimore American
16.95
Speculative
Companies
National
14.61
15.44
10.03
Chemical shares
Fully
14.58
Diversified
9.27
19%
0
10.96
-
stock
10.18
shares
Aviation
13.36
9.97
Building supply
Business
Equipment
10.05
2%
Automobile
16.85
12.16
6.49
9.15
Building shares.:
-
15.32
Bank
-
Automobile
8.43
13
22%
14%
4
5
American
9.73
Aviation
—
Casualty_5
12
20%
12%
Automobile
American
14.79
8.85
Agriculture
Chemical
k Agricultural shares
f'-v Automobile shares
25%
36%
American
13.47
..
24%
33%
10
Alliance
American Fidelity &
American of Newark
New York Stocks Inc—
Group Securities—
85
American
16.71
16.54
1
7.40
6.50
60%
52%
81%
Casualty
American Equitable—
5.53
7.02
England Fund
58%
50%
25
American
5.33
26.81
New
-10
10
American
10.48
Fundamental Investors Inc
2
Fundamental Trust shares A—2
21
54
Jersey Insurance of N Y
6.26
1.67
2.41
(A
6.79
7.45
series
88%
9.93
6.14
series-,
priced bond series
priced stock common—-
1
—•
Fund,.—
Fidelity Fund Inc
85%
Surety—
Life.
Aetna
6.79
8.94
—
stock
Industrial
25.08
&
Agricultural
8.14
Selected series
Stock
First
series
Casual
Aetna
7.41
6.14
series
Income
Low
Fund
Balanced
19
52
-
Aak
Bid
Par
Aetna
National Security Series-
7.14
67 %
<te Howard—
Eaton
29
67%
Preferred
Insurance
Securities—
1
Dividend Shares
27
65%
31.61
2-80
250
—
74%
com—--
10.19
29.40
shares
Balanced
,175
Diversified Trustee Shares—
D
Grande
Rio
Preferred
——
Delaware Fund—
79
102
77
100
72%
St Louis & San Francisco com—
16.32
10
Fund
Invest Fund
37.37
13.90
'
1993
&
100
—
56.10
15.18
-2018
4%s
preferred
Denver
130.80
54.98
Grande—
40
38
-
5%
& Rio
Denver
8.03
128.18
4%s
income
—
4.55
3.95
*
Fund Ltd.
Canadian Inv
23.71
1st 3-4s income
8.11
Sayles Mutual Fund—•
Loomis Sayles Second Fund__10
Manhattan Bond Fund Inc—
Common
10c
Mass Investors Trust
1
Mass Investors 2d Fund
1
Knickerbocker
Loomis
112.57
22.02
#
0
1
Co Inc
Income
16.35
7.31
-
8-3_
18.40
14.83
8-2_
8-4—
33.36
92
34.70
16.72
-
Series
5%
5
Corp i
Tr
Inv
Series
20.10
39.15
78
—
Chicago Rock Island & Pacific—
Common
;
:
•
105
94
103
2019
1st 4s
Conv
30.37
-
12.18
23.64
31.57
—
Series
Houghton Fund B
Bond
•if
18.69
37.40
1.
Axe-Houghton Fund Inc
s>.j1
II!
72
1994'
11.09
21.57
B-4
Series S-l
8%
7%
shares—
Assoc'ted Standard OH
70
-98%
Chicago Rock Island & Pacific—
K-l
Scries
2003
Stocks
(Cont.
Keystone Custodian Funds
Aeronautical Becurltlei
•;.t
-—1983
Ask
96%
76
Francisco—
& San
1st 50-year 4s
Income 75-year 4%s
95
2nd 4%s
Louis
St
93
Bid
Par
Aak
Bid
Bid
Ask
Louisville—
1st 4s
Investing Companies
Par
•
and If issued)
as
±.09% July 1,-1946
±7/aS Aug 1, 1946
±7/a$ Sept. 1, 1946
±7/as Oct. 1, 1946
-
.0373
.0499
.0245
.0388
% .0194
••• .0353
.0215
.0391
-v
*
a
v "
:
to
d Deferred delivery.
e Ex-interest, f Flat
price.
market,
s Cash sale—not included In range for year,
Ex-dividend,
y Ex-rights,
z Formerly Athey Truss
changed effective Sept. 17; 1945.:v%.;,;%...
•'. — .
.
Odd
Stock
dividend.
name
lot
sales,
Exchange,
b Yield
r
•No par value,
price,
_
Canadian
(Un) Unlisted
issue,
tin default.
x
ZThese bonds are subject to all
furnished by sponsor or issuer.,:':? ',:"..*^/.:
Federal taxes.
k Removed
t Ex-stocky
Wheel Co.;
">v-;
A Quotations not
'%• i.~
■d «l» f.~
4VoIunie 162- Number 4437
THE COMMERCIAL & FINANCIAL
CHRONICLE
nTHE COURSE OF BANK CLEARINGS
2305
Week Ended Nov. 3
.
'
.
*.
1945
*
1944
The bank clearings this .week will show an increase
compared with' & year ago.
preliminary figures compiled by
based
us,
729,783
.
Bethlehem
.
■
will be 39.0% above - those for the corresponding week last
year.
total
stands
at
$9,843,542,644
At this center there is
against
$7,080,023,440
for
the
week
same
the week follows:
summary for
in
1944.
Ynrk
Clearings—Returns by Telegraph
1945
New York-
1944
$3,574,929,289
441,730,474
357,452,885
Philadelphia
482,000,000
+
462,000,000
308,227,853
Kansas City
(10 cities)——
23.6
Ohio—Canton
4.3
+
+ 19.6
257,735,759
Columbus—
+ 17.1
217,294,000
+ 23.1
180,498,971
117,816,576
109,037,718
cities, five days.
$6,689,393,966
$5,596,404,011
Other cities, five days-
1,364,413,652
1,483,619,429
Pennsylvania—Pittsburgh
6.5
—
Total
(7 cities)
$9,843,542,644
8.0
+ 13.8
Mouth
Holiday
$7,080,023,440
ends
Saturday and the Saturday figures
are
In the
u
we
elaborate detailed
Nov.
ended
statement, however, which
of
For
3.
that
week there
was
increase
an
of
418,744 in the same week in 1944.
5.8%,
the
aggregate
Outside of this city there
having recorded
an
was
a
loss of
increase of 11.0%.
the totals
are
are
smaller by
decrease of 15.2%.
District of 5.8%,
1.1%,
Total
a
SUMMARY
Reserve
12 cities
1st Boston
2d
3d
44
12
York
New
it
10
Philadelphia
44
.
7
4th Cleveland
44
6
5th Richmond
6th Atlanta
7tb Chicago
44
10
17
8th St.
South
In the
Wayne
:
Bend——
10th Kansas
12th San
i
-
Sioux City
Illinois—Bloomington
Francisco
44
44
10
111 cities
Total
726,834,474
857,476,680
—15.2
605,907,562
524,168,650
7.2
7.7
424,261,442
416,186,511
1.9
562,846,770
_
Outside New York City—
372,931,542
Total
308,865,768
706,390,485
704,502,407
+
0.3
581,420,144
+
5.8
289,129,831
246,715,345
223,813,556
+
19.6
231,552,430
169,638,439
317,563,268
292,545,696
+
8.6
298,067,710
231,161,862
166,371,184
151,428,797
+
9.9
132,313,633
113,342,332
512,710,119
528,652,307
—
3.0
497,988,301
416,163,316
12,370,445,139
11,696,418,744
5,074,121,851
First
9,050,244,604
40,170,343
7.7
289,395,535
12,831,606
39,400,316
—13.9
12ft,293,655
<
36,057,44+
242,493,804
J
—
42,645,019
59,802,339
4,878,566
416,186,5-U
38.262.84C
139,800,000
4.6
+
6,607,18(
40,294,088'
1.2
—
2,387,994
„
8,298,556
9.4
+
160,400,000
2,718,603
'
335,370
90,786,698
114,600,00C
2,653,070
2,721,472
8.2
2,417,237
"2,405,000
+ 35.4
41,031,840
29,990,779
38,834,77
+14.8
53,886,035
—10.4
4,958,551
—10.2
247,110
274,95-J
—16.8
79,345,055
70,384,050
1.9
372,931,542
308,865,76£
+
515,713
5,526,438
2,740,602
4,784,71$
3,217,782
33,116,000
4,295,342
—12.9
629,449
616,57$
+ 16.9
5,014,976
4,2*3,019
—44.5
4,895,253
2,412,486
0.2
3,022,117
3.9
32,066,000
3,528,156
27,734,000
—30.6
4,160,587
3,600,523j
+ 18.0
7,402,111
1.2
32,903,316
—
+
12,415,247
+ 10.0
2,302,526
9,018,462
-31,219,018
1,869,535
17,505,'156
+ 17.3
15,134,555
13,589,997!
+ 16.5
7,050,032
—13.9
616,919
0.7
452,204,620
—
■A
7,942,822
922,339
564,645,323
5,827,862
—
—
9.8
-
+
+12.2
2,953,713
-
5,935,102
665,037
V,
396,646,376
3,358,075
6.6
7,374,943
2,379,311
2,668,704
+
10.7
+
0.3
581,420,144
2.6
171,100,000.,
65,615,702.'
2,979,341
% 5,047,058
2,135,445
2,148,338
2,469,406
704,502,407
2,670,428
196,200,000
191,300,000
+
76,140,010
71,289,058
1,597,265
71,475,412
+
5,934,823'
2,255,379
6.5
63,813,438
1,787,458
+
11.7
345,226,333
—
(4 cities)
513,583,024
326,376,308
51,066,129
,13-2,800,000
7. 56,359,225
,V 56,486,120
—10.6
1,348,000,
1.070,00ft
V
289,129,831
5.8
+
246,715,345
4,444,269,242
Federal Reserve District—Minneapolis—
5,480,886
St.
Paul
Dakota—Fargo
6.7
5,121,433
4,579,090
+
23.8
160,822,894
112,638,813
50,446,705
+
7.5
53,242,360
41,396,549:
2,520,151
—_.
+
156,425,813
54,217,497
—
5,135,679
193,641,314
Minneapolis
3,944,268
—36.1
3,833,865
3,322,675;
1,632,79ft
1,418,087
South Dakota—Aberdeen
2,282,433
1,667,705
+
36.9
.1,450,569
Montana—Billings
8,286,033,992
1.1
2,765,522
2,297,762
+
20.4
1,774,408
4,434,867,856
—
Inc.
Dec.
Nov.
6,753,452
(7 Cities)
3,895,624
+ 73.4
267,661,255
Helena
223,813,556
+19.6
%
$
3,290,781
371,555,065
1,788,309
869,655
782,190
—14.0
Omaha
+
14.1
3,665,198
3.4
351,369,617
374,811,928
1,527,516
1,525,124
1,022,310
435,404
+
10.2
1,633,036
5,306,901
4,650,435
231,552,430-
169,638,439
4,458,689
—
cities)
3,140,361
17,445,188
17,976,181
6,902,478
18,034,900
1,128,062
677,475
451,321,102
431,981,539
31.6
2,701,225
16,391,369
+ 23.6
6,418,051
5,950,498
9.8
16,308,200
16,584,600
+ 66.5
547,344
575,376
+
+
4.5
407,256,909
26,441,213
—61.4
27,664,173
New York
T—14.0
1,596,903
Fort worth
i
64,886,000
922,698
1,174,662
1,021,590
6,622,296,897
13,061,732
12,458,039
| Syracuse—
7,871,989
7,271,261
Connecticut—Stamford
7,702,833
7,849,892
Jersey—Montclair
| Newark
735,556
'
Total {12 cities)
.
537,989
—
58,700,000
Total
+
7.5
6,666,540
+
8.5
749,747
+ 26.1
893,990
+
19.7
292,545,696
+
8.6
2,810,564
2,909,790
5,977,161
200,703,376
-
151,151,009
6,604,315
5,142,458
4,764,331
.
995,796
1,143,653
948,486
766,879
298,067,710
/ 231,161,862
;
(6 cities)
1,212,573
+ 11.0
Yakima
1,059,174
f
4,605,975,262,
972,042
+
4.8
11,309,959
11,252,852
8.3
6,400,106
6,053,452
1.9
6,607,720
+ 36.7
32,259,884
+
40,092,767
+
7,530,421,835
6,817,915,308
-
J.
L
;
583,461.;
11.4
6,334,796
Total
24,915,017
35,981,028
,
29,792,828
4,781,434,243
Stockton
610,888
24,568,214
1.2:
Santa Barbara
'
,
3,987485,418
-
—
-
(111
Outside
York
New
11,220,056
+
0.1
13,416,115
3,648,000
1,320,379
3,644,000
1,494,506
7.4
4.598,587
4,337,101
151,428,797
+
9.9
132,313,633
113,342,332
•—r
7 73,675,275
5,168,319
307,651,000
9,481,367
2,651,938
«
"5,000^.000
cities)
—
—
12,370,445,139
5,019,910,396
9.9
83,654,200
+'19.8
2,417,541
,1,728,489
77,835,506
—12.0
26,983,301
^16.0
79,370,785
27,371,216
-10,281,616
65,760,371
24,561,148
9,305,119
80,726,780
2,965,033 •„
7,796,143
.."Estimated.
...
—
..
-
-
■
- •
*•'
*
—14.3
-
4,573,599
313,905,000
+13.0
4,734,187
3,268,42ft
2.0
276,611,000
31.7
6,021,149
228,681,000
4,127,020
—
7,196,747
+
1,961,961
4,708,235
+
+ 35.2
:VW; I
6.2
2,273,203
1,541,974
5,253,404
:
3,514,498'
3.0
497,988,301
416,163,316
+
5.8
9,050,2*4,604
—
1.1
4,444,269,242
8,286,033,992
4,434,867,856
528,652,307
11,696,418,744
5,074,121,851
*
,
2,337,770
+
512,710,119-
(10 cities)-
Grand Total
6.6
+ 24.0
68,500,184
31,287,028
6,678,434
San Jose—
+
—
—
Sari Francisco
3,851,166,136
88,646,000
+
15,476,447
3,732,000
•
5,370,960
3,552,376
—.
Lake City
Pasadena
2,586,108
106,743,444
1,530,278
72,739,473
—
-
California—Long Beach
7
+ 30.8
'+10;1
District—San Francisco-
Oregon—Portland
Utah—Salt
2,572,112
122,747,000
166,371,184
-
Falls
Washington—Seattle
48,200,000
927,417
6.1
+
40,572,701
•
7.5
—21.5
35,947,657
4 Northern New Jersey
+ 13.5
5,769,350
Galveston.
Wichita
Louisiana—Shreveport
1,359,191
7,350,534,743
I Rochester
1
+ 48.7
6,061,521
3,364,977
135,103,000
"16,500,000
3,737,000
1,896,857
Dallas
5,469,042
1,625,114
1,084,158
—
2,143,195
317,563,268
-
Twelfth Federal Reserve
60,020,000
I jramestown
(10 cities)
236,490
3,498,239,
61,549,013
75,739,326
8.3
+
1,069,616
-
Texas—Austin
430,381,867
1,766,281
| Buffalo
J jSlmira
-
226,180
4,062,506
.
Eleventh Federal Reserve District—Dallas—
14,653,126
10,201,487
Binghamton
7.2
22.5
+ 30.5
195,210,085
2,832,053
2.9
+
—
Second Federal Reserve District—New York—
New York—Albany
+
1,476,112
4,890,853
—
209,900,375
7,234,765
945,665
-
—
+ 39.8
19,802,200
Island—Providence
St. Joseph
Colorado—Colorado Springs
Pueblo
Total
230,933
302,358
3,634,205
76,653,122
6,881,857
3,186,017
Missouri—Kansas City
6,402,191
+
—14.9
1,674,298
8,532,951
Hampshire—Manchester
83,016,453
-
Wichita
676,766
5,203,666
4,131,180
—
JfNew Haven
(12
16.0
+
1,845,288
Worcester
4,743,785
Lincoln
$
7,272,376
Connecticut—Hartford
370,431.
Hastings
1942
Kansas—Topeka
868,370
748,185
Springfield
214,304
Nebraska—Fremont
3
1943
or
1,522,253
\ Lowell
f New Bedford
Total
$
Ended
384,129,864
| Fall River.
|
+
154,777,534
706,390,485
—
Ninth
North
5.8
+
3,755,933
Portland
Rhode
1944
1,007,622
Massachusetts—Boston
New
*
——
Minnesota—Duluth
Federal Reserve District—Boston-
Maine—Bangor
j
298,398,528
1.2
+ 19.0
Tenth Federal Reserve District—Kansas City—
$
Clearings at—
|
+
513,583,024
326A376,308
1945
I
151,131,603
38,947,702
f-,004,00('
2,010,606
We now add our detailed statement showing the figures for each city for the
-
New
2,262,467
2,178,617
77,127,66
242,493,804
345,226,333
Week
<
15.1
+
9,331,967
Kentucky—Louisville
Tennessee—Memphis
Illinois—Quincy
week ended Nov. 3 for four years.
i
+
,1,000,44],
5,551,000
85,284,442
34,076,856
(17 Cities)
Total
;
—
Missouri—St. Louis
481,922,722
289,395,535
%
1,349,749
7.4
+ 13.0
Eighth Federal Reserve District—St. Louis-
430,381,867
+
+ 15.8
1,403,241
7,024,000
97,713,365
11,006,516
"
Iowa—Cedar Rapids
Des Moines-
3,987,185,418
5,019,910,396
44
6
—
407,256,909
4,781,434,243
267,661,255
10
City—
—
4.5
10.5
+
481,922,72.
647^41,107^ ~
■
$
+
647,141,107
562.846,770
%:r
2,083,738/
2,527,883
1942
$
+
298,398,528
7.2
-
33,662,904
2,657,175
•* 20,531,993
9,253,660
794,105
560,718,516
5,255,642
J 7,859,872
.
Springfield
431,981,539
600,350,108
1210,192,791
2,981,348
Terre Haute
Decatur
6,817,915,308
321,333,534
243,516,947
449,002
6,460,218
1,522,066
3,210,327
34,403,000
Rockford
451,321,102
-
8.7
—
District—Chicago-
Chicago
1943
Dec. %
13,510,700 i
2,938,706
424,261,442
Wisconsin—Milwaukee
The Kansas City
7,530,421,835
44
7
9th Minneapolis
11th Dallas
44
44
4
Louis
$
82,601,230
167,783,373
2,181,283
75,542,894
Orleans
Indianapolis
Total
Inc. or
1944
$
Districts
3,223,007
98,813,969
195,480,922
16,313,200
301,271
(10 Cities)
Indiana—Fort
OF BANK CLEARINGS
1945
Week Ended Nov. 3—
Federal
3,601,743
7.4
1.7
68,640,853
4,371,889
Rapids
Lansing—
by Federal Reserve Districts:
a summary
—
9.4
2,842,528
Grand
gain of 8.6%, and the Dallas Reserve District of 9.9%,
furnish
we
—20.0
—i:'7»e,
64.2
2,191,533
57,732,359
Peoria
following
5^4,168,650
+
v
Seventh Federal Reserve
but the San Francisco Reserve District suffers a loss of 3.0%.
In the
605,907,562
+
11,048,531
Michigan—Ann Arbor
7.2%, but in the Richmond Reserve District
and in the Minneapolis Reserve District of 19.6%.
District enjoys
-15.2
+
43,089,584
Louisiana—New
improvement of 0.3%, in the St. Louis Reserve
an
3,192,100
2,608,676
158,500,000
Mobile
In the Cleveland
larger by 7.7% and in the Atlanta Reserve District by 1.9%.
Chicago Reserve District there is
Reserve
a
3,358,200
District—Atlanta—
Alabama—Birmingham
increase of 10.5% and in the Boston Reserve District of 4.5%, but in the
Philadelphia Reserve District the totals record
>814,813
+ 10.2
3,410,077
263,628,397
Mississippi—Vicksburg
in which they are located and
Reserve District the totals
Reserve
Macon
(including this city) the totals
that in the New York District
1,474,378
<1
1,985,446
We group
the cities according to the Federal Reserve Districts
an
Federal
Florida—Jacksonville
of
from this it appears
register
(6 cities)
Nashville
clearings for the whole country having amounted to $12,370,445,139 against $11,596,the bank clearings at this center
1,485,650
17,003,000
321,333,534
Columbia—Washington-
Georgia—Atlanta
Augusta
has to be estimated,
present further below,
we
2,279,04$
2,748,944
'
.
able to give the final and complete results for the week
previous—the week
are
18,608,000
110,410,605
2,506,561
152,905,885
46,343,117
Carolina—Charleston
Sixth
not available at time of going to press.
cases
2.0
•
Tennessee—Knoxville
Accordingly, in the above the last day of the week in all
+
1,396,044
U.
+39.0
appear
We cannot furnish them
today, in as much as the week
issue of next week.
9.3
+ 13.1
857,476,680
7,543,000
Maryland—Baltimore
Complete and exact details for the week covered by the foregoing will
our
+
1,757,104*
4,716,700
1,624,366
Virginia—Norfolk
Total
in
+
Federal Reserve District—Richmond*—
Virginia—Huntington
District
Total all cities for week
17.9
1,908,560
3,605,471
...
+ 19.5
—
$7,080,023,440
1,789,735,026..
512,890
1,545,87$
510,000,000
1,240,130
1,911,767
590.000,000
1,725,407
600,350,108
Richmond
.
3,413,763
f
,
8.1
+
Fifth
All cities, one day.
978,052
+: 7.5
4,635,952
124,187,784
231,667,221
';w41*''
4.8
—-
West
$8,053,807,618
695,653
V717.138
1,326,321
5,599,645
240,744,322
,
Youngstown
158,760,593
Total all cities, five days
.
—15.7
.7
3,707,254.
114,998,005
Mansfield
+ 13.1
151,084,568
Ten
-
0.8
21652,924
146,294,796
132,400,000
168,681,597
;
Baltimore
2.7
—
—»
2,092,574
214,039,958
,
Cleveland—
267,563,000
Pittsburgh
$
District—Cleveland—
_
171,325,755
Cleveland
1943
$
839,000,000
726,834,474
-
Cincinnati
149,700,000
San Francisco
"
Fourth Federal Reserve
+ 24.0
'
Boston
„
%
$4,431,264,143
Chicago
—
•
Hill"'.
New Jersey—Trenton
Total
Week Ending Nov. 10—
_
Wilkes-Barre
;
:
,
—22.1
718,564
2,249.204
707,000,000
2,250,432
U 4,078,463
1,885,014
1,793,112
5,196,800
1
Scranton—
Our comparative
713,146 i
"
.—
.Philadelphia
Reading—
4750,000
1,202,300
;
-936,520
-
Lancaster
Our preliminary
gain for the week ended Friday of 24.0%.
a
Chester
possible to obtain weekly clearings
'7/: 1943
or
District—Philadelphia-
Pennsylvania—Altoona
cities of the country# indicate that for the: week ended
Saturday, Nov. 10, clearings
for all cities of the United States from which it is
Inc.
JDec. 7#
•
-Third Federal Reserve
;
telegraphic advices from the chief
upon
iUM'W &www
CHRONICLE
FINANCIAL
THE COMMERCIAL &
2306
Monday, November 12, 1945
Company and Issue—
Illinois
Foreign Exchange Rates
requirements of Section 522 of the Tariff Act of 1930, the Federal Reserve Bank is now
tifying daily to the Secretary of the Treasury the buying rate for cable transfers in the different countries
world.
We give below a record for the week just passed:
:
FOREIGN EXCHANGE RATES CERTIFIED BY FEDERAL RES ERVE BANK TO TREASURY UNDER TARIFF ACT OF 1930
fUKfclUN
&JU,HAX wc
cer-
Pursuant to the
of the
'
Central
Sterling
Sterling
Sterling
3s
First
1945
NOV.
t0
8,
4s
of
Page
-
1950
1951
Nov
of
First
mtge. 3 Vis of
Extended 1st mtge.
1951
*
30
Nov
1951
*
30
Nov
4s
30
Nov
;
1951
mortgage
Country and Monetary Unit
St.
30
•
*
Nov 30
3'/as
.251247*
3.214113
.022864
.022864
3.214113
3.214113
.022864
pound
.251247*
.251247*
3.214113
.022864
franc
cruzeiro—
1951
of
Nov
V
.022864
*
30
Ncv
>
„■»
30
*
Official
.060602*
.060602*
.060602*
I
,060602*
.051802*
.051802*
.051802*
t
.909090
.909090
.909090
(British),
India
4.033750
.020189
.020189
.020189
.020189
.020189
.301215
.301215
.301215
.301215
.301215
.205780
rupee
Mexico, peso—
Netherlands, guilder
.205780
.205780
.205780
Detroit
.205780
.379327
.904791
.905000
3.227000
.658300*
.658300*
.562900*
rate.
658300*
.658300*
.562900*
.562900*
.562900*
HOLIDAY
lien
( +)
increase
1944
1.945
17,113,565
certificates
fund
Redemption
for
5,000
—
902,500
—
notes
1,145
—
211,594
+
17,873,270
ctf. reserves
gold
cash
Other
and
Industrial
loans
U.
S.
12,508
+
2,331
690,906
—
4,246
—
68,826
—
507,882
advances
Discounts
6,145
—
231.066
+
30
—
106,701
+
7,031
+
1,139
6,328
+
62
.+
-
dealers
and
for
12,887,241
Bills
Certificates
7,291,661
Notes
+
1,920,150
85,500
+
266,034
—
+
84
+
370
+
42
+
1
890
U. S. Government obligations
5,119,103
+
—199,724
Total'loans
Due
from
R.
Uncollected
Eanic
securities..
and
assets
—130,928
110
items
.
j.
i
6
—
670
595
+
,
98,089
+
—103,299
61,400
26
4"
+*'* 38,014
5.940
1,737,707
33,718
5,219,877
+
—
^
j
106,891
other banks—
of
premises
Other
23,586,657
banks
foreign
notes
<4,945
—
assets
43,630,819
—258,231
+
4,665,077
384
+
71
+
+
—334
9,863
9,168
—
—
+
9
Obligations guaranteed by U. S. Government
Liabilities—
notes
24,295,813
80,801
+
+3,280,707
Member
U. S.
bank—reserve
Treasurer—gen.
Other
acot.
15,737,328
acct._
201,470
—
396,350
£
13,916
+
+
—167,459
913.922
...
52,240
—
306,732
—
38,968
—
1,577,877
—
23,600
22,736
17,309,070
....
Deferred availability items
Other liabs., inol. accrd. divs...
Total
~
Other
iSection
Ratio
of
serves
note
gold
to
95,508
+
272
"
+
cap. accts,.
certificate
+
1,311
39,571
—258,231
+
4,665,077
re¬
liabilities
to
combined
make
43.0%
+
.2%
7.0%
indus3 320
359
—
590
1,700
revised
The
statement of weekly reDortirtx# mpmber banks of the Federal
Reserve System in 101 leading
The Cape Playhouse, Inc.*
Gorton-Pew Fisheries Co.,
Associated
The Temblor Oil
man
foldings'of
rnmml^ ^
-n ,demand
Commercial, industrial and
agricultural
^?4,000'0°d in New York City and
Loans to
reporting member banks.
CMtv ?)ni fftfnnn
ShL nio for the
'
other loans
loan<?
United
in—
$62,000,000 at
same
purpose
declined $32,000,000.
t° brokers and dealers for purchasing
City, $18,000,000
at
in
$21,000,000
York
City,
banks
trict.
and
in
and
Holdings of United States Government bonds in¬
$65,000,000.
„
in New
District, and
($300
Borrowings increased $75,000,000 in New
*
t
>
York
M
in
City
England Theatres, Inc.
»■.
30
2188
15
1896
1
1
1
2189
1
—
Dec
Dec
Co., convertible preferred stock
Newspaper Union 6% conv. debs., due 1959
Nov
Dec
15
15
2191
2191
2QG4
1932
due
*
Power
Co.
3%%
Oil Corp.
3%%
Orleans
1st mtge. 4(4%
1947
River
Edison
1st
debentures,
—
^.Dec
-
1952—Feb
Dec
bonds,
1959
Pacific
Terminal RR.
of
bonds,
series A, due
1974—
mtge.
3(4 %
Co.,
5%
due
mtge.
due
debentures
I960--
.
Victor Equipment
Western
of
($1
1
2,005
&
Class
A
A
Date
.'Dec 31
Company and Issue—
5% preferred stock
Telegraph Co.
30-year
Colortype Co.,
Telephone
due
debentures
Utilities
American
&
coll.
Cork Co., 4%
bonds
Convertible
cumul.
due
bonds—Dec
7
stock
Dec 15
1762
trust 6%
pfd.
conv.
Dec
Co.
South
Wednesday,
($100 par)—
—
2125
18M»
15
($1
($1
7
par);
par)—
$1 lot
411
Mid-Kettle-
$7 lot
Realty
1st
Trust,
pfd.
1
($100
Development
par)
Athenaeum
Co.
($10
par);
par)—
,
preferred
common
Real
Estate
Co.
($50
Transacted
by
&
Barnes
par)
Lofland,
Electric
Canadian
Cassco
&
Power
Pacific
Electric
&
Philadelphia,
on
$ per share
capital.
capital
$3 lot
$3 lot
—
Below Will be found a list of corporate bonds* notes,
preferred and common stocks called :toz redemption,
called under sinking fund provisions.
The date indicates the redemption or last date for mak¬
those
ing tenders, and the page number gives the location in
which the details were given in the "Chronicle." I
,
Illinois Consol.
Telephone Co.,
?.
i
trust
mtge. bonds
1st mtge.
Date
*—Nov
<
19
4(4s,
ser.
1884
rsge
2015
2148.
1513
1513
1392
1769
r
»
1171
A,
J°n
2143
I
Mfg. Co., Inc. conv. pfd. stock
Dec
Lefcourt State Building modified 1st mtge. bonds, 1948—Nov
25
due
1966
4
1
10
2149
Dec
—Dec
Lehigh 8c New England general mortgage bonds8c Telegraph Co., 1st mtge. 3(4%
bonds, ser. C, due 19R9_.
29
21?0„
Lincoln Telephone
Louisville
Nashville
&
Unified
mtge.
4%
Properties,
Mercantile
Merchants
Fire
RR.:
—
Jan. 1,'46
Inc.,
4'4%
secured
Co.
Assurance
Y.
N.
of
460
Nov 24
Feb
1
bonds due 1960
Minnesota
?ni8
bonds
stock
pfd.
serial debentures,
due
Dec
Light Co.—
1st & ref.- mtge. 5% bonds due 1955
Montana Power Co. 1st & ref. mtge. 334s due
Plan
Collateral
2151
1
2151
-Dec
Nov
1
1515
&
Power
Corp.
gold
of
1966
2152,
29
America—
notes,
ser.
of
due
1929
July
&
Jan.
Jan
1
Apr
1
1
1516
„2186
Jan. 1, '46
bonds,
series B, .due 2047
_Jan. 1, '46
Northern State Power Co., 1st & ref. mtge. 31/4-s. 1967_Nov 30
2020
1946
Collateral gold notes, ser.
of 1929 due Apr., 1946
York Connecting RR. 1st mtge.
New York Telephone Co., ref. mtge.
New
A, 1965—Dec
ser.
3(4% bonds,
ser.
B,
.
1967
Northern
Pacific
Ry.
ref.
&
mtge.
improv.
6%
—
East
55th Street
due
1955-*——x
;
Dec
—
1
Dec
1
3(4%
bonds, series C. due 1966-.
r—Dec
1
Ref. mtge: 3(4%
bonds, series B. due 1S66-——Apr. 1, '46
Paris-Orleans RR.. 6% .bonds, foreign series due 1956—Dec
1
Pacific
Inc..
Telephone
&
1st
mtge.
dated 1939
bonds
Telegraph
ref.
Co.
Pennsylvania. Ohio & Detroit RR.
bonds,
Public
series
B,
C
Dodge Com.,
Service
Co.
and
151,7
2186
2187
2187
mtge.
—
Phelos
„
1st mtge. leasehold
Corp. 4%
—
1644
2187
"' Vv*
1st & ref. mtge.
;-Jan
D
—
5%
—
preferred
1
218?t
Dec ,15
2022
'Nov 24
3(4% debentures due 1952
of
Oklahoma,
1st
mtge.
A, due 1971 ——
Public Service Co. of Oklahoma
TENDER
Cleveland, Cincinnati, Chicago & St. Louis Ry., St.
1st collat.
1884
1639
30
gen.
series
Louis Division
Nov
1953-Nov 24
1967—Jan
1
mtge. gold bonds,' series, E, due 1977—July 1,'47
3%% gen, mtge. bond bonds, series I, due 1967—Jan. 1, '46
Green (Daniel)
Co. preferred stock
Jan
1
Haris-Seybold-Potter Co., 5% debentures due 1951
Dec 5
Haytian Corp. of America 5% income debentures
Dec
1
Houdaille-Hershey Corp. class A stock
Nov 20
Houston Oil' Field Mat. Co.. Inc., $1.50 conv. o^d. Stk., Dec
6.
Howes Bros. Co. 1st pfd. stocks, ser. A and ser. B
Dec
1
4(4%
Orleans-Huron,
.
pfd.
'
Service Corp. 5% con v. debs., due
Great Northern Ry. gen. mtge. 3(4s. ser. I, due
bonds,
Issue—
and 8%
stocks
One
and
2142s
Co.—
tfo. 6%, 6'/2%, 7%
Empire Gas & Fuel
Morris
OF
tr, bonds due
1946-1950
Redemption Calls and Sinking Fund
NOTICES
Any time
I960—Jan
1
15
14
1951
due
5s
mtge.
collat.
2142:
mortgage
due
>
1st
Co.
Ry. 4(4%
2142,
2142!
1st mtge. 6% bonds, due 1949
Nov
Celanese Corp. of America, 3(4% debentures, due 1962—Nov
Corp.,
Michigan Public Service Co. 4%
$3 lot
•
STOCKS
Shares
214(L
Nov 24
stock
Lehigh Coal & Navigation Co., cons. mtge. bonds, ser. A_Jan
$34 lot
411
38c
151/*
50(4
£
($300
139*
1387
5%
LaPlant-Choate
40c
i
Inc., com.; 50 United Gold
r Thomas G. Plant Co., $7 1st
(10c par);
1083,
1
Dec
1960
preferred
5%
*
1034
Bangor Hydro-Electric Co. 1st mtge. 334%
Inc.,
..X,
,
1
Dec
Service Corp.
2{)09
3(4%
1966
2012,
bonds, 3(4%. series, due 1967
Dec
1
2012
1st mortgage bonds, 3(4% series, due 1966
Dec 24
2013
Crown Zellerbach Corp., $5 preferred stock
Dec
1
7
Cuban Telep. Co. 5% 1st mtge. conv: bonds due 1951—Jan
1, '46
Dayton Power 8c Light Co.—
2144
First mtge. bonds, 3% series due 1970
Dec
1
2144
First & ref. mtge. bonds, 3(4% series due 1962
Dec
1
2144
Devoe & Raynolds Co., Inc., 5%
preferred stock
Nov 30
2143
Electric Power 8c Light Corp., 5%
debs;.-due 2030
Nov 30
300
par);
it:
ENTIRE ISSUER CALLED
87
par)
Commerce
2191
New
+
par)
($5
.
bonds, due
mtge.
66
Co., common
Mass
Wednesday, Nov. 7:
-
2}88
.—Nov
Texas Pacific-Missouri
Butte
Fawn Mining Co., Ltd. (50c par); 10 Central Public
Utility Corp.; 10 The Townsite Corp., preferred ($100
par); 5 The Townsite Corp., common
X
1st
104
71
Co.,
Massachusetts
•
*
2188
1
1894;
*
1st mtge. 3(48, due I960—Nov
Brass, Inc.,
+
$ per- share
10
•
'
1
General Public
Wico Electric Co.,
Comnany
1
1958
Revere Copper &
16
R. Mallinson & Co.,
Preferred
Boston
Co.,
Inc.
$337,000 000
at all reporting member banks.
United
States Government d*"->sits increased
$62,000,000.
1957—Jan
A,
debs.,
Armstrong
District, and $42,000,000
Demand deposits adjusted declined
$180,000,000
York City, $62,000,000 in the Cleveland
4%
+
common
creased
Colorado
Atchison, Topeka & Santa Fe Ry.—
4% convertible bonds due 1955
3
15,332
Boston Insurance Exchange Building,
Including
of
268
common
reporting member
the Chicago Dis¬
Co.
872
Inc.,
in
Service
+
Inc.,
all
2187
'took
pf<+
ser.
+
Brown,
at
1
5%
20
Brown,
$18,000,000
I, due 1966-Jan
bonds, due.1950—Dec
due 1949
Dec
Co.
63
8c
$43,000,000
Service
1st & ref. 3'/2S,
+
&
increased
Public
+
Wanamaker
c®rtificatfes of indebtedness declined
the, Boston District,
$20,000,000 in New
Indiana
Bullock's,
Wanamaker
reporting member banks.
•<.
V
Holdings of Treasury bills declined in nearly all dis¬
tricts, the principal decreases being
$219,000,000 in New
York City and
$42,000,000 in the Chicago District. Hold-
16
6
1949
1,696
115
all
2&20
Nov
_P°c
due
2,292
115
the Boston
mtge. collat. trust bonds,
+
carry-
or
1
10
1955
+
increased $24,000,000 in New York
.
2149
Dec
due
Pennsylvania Glass Sand Corp., 1st nnge.
Peoples Water & Gas Co. 1st mtge. 5s, ser.
1st
98
Govern-
$102>00°>000 in New York
at a11 reP°rting member banks;
c
1st
-
District)
„
North
Mines
1,000
1
2020
2152
Co., 3(4% debs,
Funding Coip.—
745
Ltd
& Electric
par)
20 H.
brokers and deal-
cariYing United States
Co.,
Chamber
($100
1
5s
Products
Cincinnati Gas
30
deposits adjusted.
.
or
Treasury
Oil
Boston
increase
b"ll Ind'Solonnn4,00?00
Oil
American
North
406
preferred
Electric
&
Gas
Athenaeum
Boston
1
mtge.
1st
preferred stock
+
Abington National Bank, Abington, Mass.
Consolidated Lobster Co.!
endedSOctober-6 3 U *<Ain ^ Principal $231,000,000 the loans
changes for
week
October 31.
An
of
in
ended
(Chicago
Shares
13
condition
Corp.
Co.,
+
;
.
STOCKS
Associated Gas
Condition Statement of Member Banks
2149
2017
405
figures
1890
1
24
5V2S
_Jan
Bridge
+
lion Sales
200
Nov
19
Transacted by R. L. Day & Co., Boston, on
1
Nov
Jan
9,977
;
during week-———:—-—--———
296
1640
1st 8c rex. mtg<i. bonds due 1950
+
to demand deposit accounts except
Interbank and
U.
S.
Gov't accounts,
8
•
2016
15
15
62
Borrowings-.-*—
12
1
31
1,131
Domestic banks.
1
trial loans
Dec
Dec
—Nov
+
Foreign banks
1
deposit and F. R.
Commitments
National
American
Interbank deposits:
Nov. 7:
43,630,819
stock
.*)
1772
American
200
138,995
2147
+
9,252
40,056
27,165
1
—337
39,592
12,594
228,153
13b)__
Dec
1909
1893
384
~
372
preferred
4 '4 %
8
+
8,142
24
due
pfd, stock—Jan. 1,'46
bonds, 1966—Dec
1
Buffalo, Niagara & Eastern Power Corp. $1.50 pfd. stk._Dec 28
Time deposits
•Oct.
1888
24
1,894
4,572,656
"
173,097
capital accounts
Total'liabilities 8c
+
453
—
43,063,409
Capital Accounts—
Capital -paid in
Surplus (Section 7)-
1,196,169
—259,914
11,088
+
—124,151
1,447,438
liabilities—
Surplus
—216,111
2144
15
Container Corp., 5% 15-yr. debs, due 1959——Nov
National Dairy Products Corp. 3 '4 %
debs, due 1960
Dec
5,373?
Debits
Total: deposits
Corp.
debentures
Atlanta, Birmingham & Coast RR.
U. S. Government deposits
Foreign
31
Nov
1948
77
—
2,209
Demand deposits-adjusted
Restive
Deposits?
F,
ser.
1
due
23
+
—
568
Balances with domestic banks
1884
bonds,
mtge.
National
+
—
•
—
3,293
—
1
15
+
•
4*
65*
—
10,336
Other securities
Reserve with Federal Reserve Banks
805
—
43*
LiabilitiesFederal
Corp. 3%
193
25,133
—
U. S. bonds—1
2009
2138
stock—Dec
pfd.
Co.—
series A,
39
12
—
indebtedness
Treasury notes,
23
26
.V
48
+
969
Treasury certificates of
prior
Page
Nov
Nov.
•
+
1,519
—
stock
2
—
120
Other loans
Cash in vault
Total
+
17
+
1,060
Treasury bills,
F.
32
—
416
Other securities
1808
31
Toledo
Other loans for purchasing or carrying:
Real estate loans
28
Dec
bonds,
1,287
obligations
1678
Dec
Sunray
Loans to banks
23,076,444
Total U. S. Govt, securities
4s,
Casket
Salmon
890
U. S. Government
3,475,171
811,279
+
977,392
Bonds
1,098,687
+
—285,224
oc
pur¬
Other securities
.*
28
*
*
4%
stock
St. Joseph Ry., Light, Heat & Power Co.
agricultural
and
Industrial,
brokers
to
5(4%
Co.,
Service
Public
Shoe
Poli-New
62
231
—
chasing or carrying:
5,927
—
$
+
60,945
——-
loans
Loans
securities:
Govt,
$
12,510
Investments—total
preteired
Pittsburgh Steel Co., 1st mtge. 4'/a%
1944
$
Assets-
Loans—total
Commercial,
Total
1945
'
1
•
*
Dec
Hooe
Public
Loans and
759,705
preferred
conv.
7%
Power
Pacific Gas & Elec. Co.
Decrease (—1 Sine*
Nov. 1
Oct. 24
Oct. 31
1945
R.
F.
of dollars)
or
30
Dec
1961
6%
Nov .8,
1945
Nov. 7,
Gold
banks follows:
Since
(^-)
»
REDEMPTION
Co., gen. & ref. 4%
collat.
Northern
Decrease
Assets—
all reporting member banks, and de¬
clined $20,000,000 in the Kansas City District.
A summary of the assets and liabilities of reporting
increass (+) or
Oct. 31,
30
bonds,
Public Service. Co., 1st mtge. 334s, due 1969
Lake St. John Power 8c Paper Co., Ltd., 1st mtge.
and $66,000,000 at
(In millions
4%
Co.
Indiana Service Corp.
due
dollars)
of
thousands
(In
mtge.
Griess-Pilegc* Tanning Co., convertible income deb
Hinde & Dauch Paper Co. $4 preferred stock
Howard Stores Corp., 5(4%
preferred stock
Mount
member
5%
30
Date
Mfg. Co.,
Electric
Coast
National
Reserve Banks Combined
ref.
Iowa
t
Statement Of Condition of the 12 Federal
1st 8c
30
Dec
Locomotive
Greyhound
4.005000
.658300*
.562900*
Controlled—
Noncontrolled
Nov
Nov
,
1965
General
3.227000
4.005000
4.005000
4.005000
4.005000
Uruguay, peso—
.909090
.904375
3.227Q00
3.227000
3.227000
pound
Africa, pound-
*
*;
!'
Nov
1951
1947
Edison
due
East
.909090
.904375
.903750
Free,
Union of South
30
Dec
of
3s
Company and Issue—
California
.909090
.909090
.909090
30
B
due
Allis-Chalmers
1st
Official
•Nominal
bonds
American
.379327
.379327
.379327
.379327
Newfoundland, dollar—
Zealand,
.907500
4.033750
4.033750
4.033750
franc
30
—Ncv
Nov
mtge.
PARTIAL
.569800*
.569800*
.569800*
1951—Nov
1952
of
Paper Co.
.909090
4.033750
pound sterling
England,
/
.906875
HOLIDAY
.907343
.906718
.569800*
.509800*
peso
1951—Nov
Central collateral 4% bonds due 1951
Philadelphia & Reading RR. improvement mtge.
.051802*
.906250
Free
of
of
3s
1952
mtge. 4s of 1951
mtge. 3s
of 1951
ls't
4s
trust
and
mtge.
of
1st
Division
A
3'/2S
mtge.
1st
Jersey
.909090
Canada, dollar—
1st
Division
Collateral
1st
3J/2S
mtge.
1951.'
of
Reading Co.—
.051802*
Free
1st
3(fes
mtge.
Terminal
&
Lines
Lines
1st
Terminal
&
Div.
International
series
.060602*
Official
France,
Div.
Litchfield
.297733*
.297733*
HOLIDAY
.251247*
.251247*
•
3.214113
Belgium,
Colombia,
Louis
Omaha
$
$
$
297733*
.297733*
.297733*
Official
Fre^.
New
$
NOV. 8
Nov. 7
Nov. 6
Nov. 5
$
Division
Purchased
Western
Nov. 3
»
Argentina, peso—
Brazil,
Louis
St.
York
Buying Rate for Cable Transfers in New
Value in United States Money
Nov. 2
Australia,
Springfield
1945, INCLUSIVE
Noon
•
of
of
■
^
*
Date
RR.—
3 (is
2C2?
3(4s,
stock—Dec
3
——Nov 15
2189
Reading Co. Jersey Central coll. trust 4s due 1951—Apr. 1. '46
* "1078
San Jose Water Works 1st mtge. 3%s, series A
Dec
1.
1679
Ramsey Accessories Mfe.
Corp. 6%
pfd. stock
Volume 162
1
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4437
■"
■
"
■*
"
"
.1
-
.
Date
Page
Jan. 1, '46
1520
Company and Issue—
Southern
Pacific RR.
Southwestern
Bell
1st
1955
4s due
mtge.
Co.—
1930
due
1969
Terminal RR.
24
2024
Nov
—
.
Association of St.
2191
1
1556
Dec
___
Inc., prior
Union Pacific RR„ ref. mtge. 3'/2s, ser. A,
Warner Co., 77c
1st preferred stock
Western
Maryland Ry. 1st & ref. mtge.
1977 ■___
T
due
Williams
j.:
July 1, '47
___Feb
1
series A, due 2022
preference stock__
_
Textron
(J.
B.)
Co.,
*
1
12-
1
$1.25
1
Ltd.,
Corp. (stock dividend)
Shearing & Stamping Co.—
Per
Petroleum
Allis-Chalmers
Chicle
< par
(quar.)
(quar.)
12-11
12-11
11-15
:—
prior pfd.
(accum.)
pfd.
$1.65
(quar.t
Inc
r$3.50 prior
Birmingham
12-10
11-28
12- 1
11-30
11-20
12- 1
12- 1
1
12- 1
12-15
1
12- 1
—
12- 1
87'/2C
Rent
Trust
$1
(s-a)
50c
•»-
55c
-
Bank
(inc.
Note
quar.)--
Extra
Brown-McLaren
Bruck
Mills,
(year-end)
Ltd.
Brunswick-Balke-Collender
<
$5
preferred
Buffalo
Forge
com
(quar.i
—
Corp.
(quar.)
Butler Water
Co., 77c pfd. (quar.i
Canada & Dominion Sugar Co., Ltd.
Canada
Dry Ginger Ale.
(quart
Canadian
$1.06'A
(quar.)
Breweries, Ltd.,
.Class
Food
$25c
com
Canadian
Class
,,
$30c
—
»s-ai
Canadian
Tire
Canadian
Western
&
Power,
Carman
Co..
&
Class B
Catawiss?,
l&7c
■'&%.
6'ic
1st
2nd.
Corp.,
class
A
Illinois
Light;
Illinois
Public Service
$6 cum.
Central
4'/2%
pfd.
(quar.)
Co.—
—
preferred (accum.)
Electric
Louisiana
(quar.)
___
40c
11-15
Formerly known
■
as
Louisiana Ice &
'
11-15
11-20
11-20
II- 1
Elec-
&
15c
Wire Co
Central Surety & Insurance Corp.
(quar.)--
Ribbon Mills, Inc. (quar.)
Chambersburg Engineering Co
Gentury
...
Chapman Valve Manufacturing Co.—
1% preferred is-ai
:
Chestnut Hill RR.
(quar.)
Corporation, com.
$3 preferred (quar.)i
Chrysler Corp.
Chicago
Circle
Bar
Extra
City
6%
Knitting
Co.
5%
50c
15c
25c
11-15
12-15
11-10
10-31
12- 1
10-31
75c
—
(quar*)
12-
$3.50
(initial)
Electric Co.,
12-13
pfd. A—
25c
75c
75c
$1^5
J15c
$5c
...
12-1
$1.50
12- 1
of New Castle Water Co.—
pfd.
(quar.)
12- 1
12- 4
1- 2
12-1
12-14
1- 2
12- 1 "
L.——.
1
11-24
11-20
12- 3
11-15
11-17
11^15 "
11-45\
..11-10
Rutland
12-15
12- 5
St.
12-15
12-
11-26
12-31
12-
5
12-31
12-
1
12-31
12-
1
12-15
11-20
1-
$1.50
preferred
57c
pfd
(quar.)—
Corp.
Valley
Gas,
—
(year-end)
vtc.
__
RR.
Co.
(quar.)
12-
1
11-20
12-
1
——
(quar.) Ji;-——-
Co.
Pen
A.)
Corp
:
Ltd., common (accum.)
preference (s-a)
Simon (Wm.) Brewery (quar.)
Simonds Saw & Steel Co. (year-end)
r
Sisco Gold Mines, Ltd
40c
Manufacturing
11-15
Dairies,
participating
1-19
1-
Smith
5
(A.
••
pfd.
(quar.)
12-
$ 1.12 Va
1
12-10
25c
Aircraft
Co.,
Inc.
11-10
12-15
1
il-15
Standard
12-
1
11-15
12-10
11-20
.
90c
11-
6
12-13
12-
1
11-10
$1.75
12-
1
11-10
$25c
Co.,
12-
1
11-16
1
12-
1
11-15
Taylor-Wharton Iron
12-
1
11-15
Terre
9
11-20
11-
12-15
11-15
Textron
12-
1
11-15
Tilo
12-
10c
11-15
12-15
11-28
Tivoli
30c
11-15
11-15
Tooke
12-
$1.75
1
12-15
I2V2C
11-10
12-
1
$1.10
12-10
11-24
United
50c
12-10
11-24
20c
12-1
11-16
$1.50
(quar.)
Marine
United
(quar.)_
12-15
12-
i-ii
50c
(final)
25c
$1.12 V2
.
3
1-
2
11-
6
12-10
12-
1
11-19
11-19
35c
Extra
Motor
Publishing Co.
Insurance
Car
(year-end)
(year-end i
Co., Ltd.
Co.,
17c
11-30
1-
12-10
2-
11-28
1
12-10
12-1
25c
12-10
11-20
20c
Ctf2L
(quar.)
li-15
10-3$
$1.183/4
12-
1
11-21
25c
12?
1
50c
12-20
12-
7
50c
12-20
12- 7
$2
r
12-15
1-2
$1
100%
Co., common
(quar.)
(quar.)
:
Van
Vick
Raalte
<
Inc.
25C
$1.25
Co.—
11-20
11-15
ii-15
21-15
"
4- T
4-
1
2-28
2-28-
11-30
11-15
12-15
11-24
12-17
11-12
12-
11-26
12-15
11-17*
12-15
ii-30
12-12
3
2-15
v\
11-27
-
11-13
11-27
11-13
1
ii-io
11-30
11-20
11-19
■Mr 9
11-19
ii- a
12-
7
11-37
12-
1
;11-10
12-
S
11-13
12- 5
H-13
12-
11-15
-
.
4Va7c
pfd.
1
2-1
12-15
1-10
11-26
12-20
12-5
11-20
12-
1
11-10
1-3
12-15
12-
7
—-
ii-23*
11-16
U-10
Manufacturers, Inc.—
12-13
30c
(quar.)
.
12- 3
11-22
11-12
11-22
$1.50
$2
(quar.)
(Seattle)
11^11
Corp.—
12-15
(year-end)
(quar.)
:
Ltd.
12-10
(quar.)—
Supply Co. (increased)——
Westeel Products (s-a)————Western Utilities Corp. 67c preferred (quar.)
Will & Baurner Candle--—
—
*
12-20
•••
k- -I's:
11-15
11-15
12-
12-15
lj-15
11-15
11-
5
12-15
$50c
15c
10c
11-
9
f;i2-1.
$1.50
33Vk.% '
11-10
11-8
10-10
:;;12- 5
11-20
7
11- 8
12-12
12- 3
12-
5£c
——
1
12-1
•
e7c
(s-a)
11-20
12-15
& Co., titd.—
Zeigler CoM H Coke Co
11-15
11-15
12-20
50c
Western Auto;
11-24
11-15
12-15
62y2c
75c
—
$3 pfd.
11-19
1
12-1
5c
B—.—^
classs A (quar.)
(Northam) Corp.,
11-19
6
12-
$1
preferred (quar.)-,--
1
10-31
12-
80c
50c
$$1
(ouar.)—___—L—-
1
I?-
12-10
$2
SI
—
.
12-
12-15
11-15
15c
68%c
ser. B_^
3c
common—50c !
Walgreen Co. 4*1/2'&
Walker & Cc., class
prejT,
7
12-12
10c
$30c
$20c
2c
60c
$l'/2c
—$25c
$1
—
50c
(quar.)
$1.12V2
Woolworth (F. W.)
11-15
12-
11-26
ioc
50c
—
11-13
11-15
11-15
11-26
$1.75
62'/2c
15c
11-26
1
ii-10
1
15c
$15
—
11-20
12-
1
12-
25c
1
i?-1
i
12-
11-17
fqiiar.)—
Wood$U Industries (stock dividend)
—
Wpodward Gpvernpr Co.
12-
%'
30c
Co.. Inc.
Cotton,
i
11-12
11-1
12-
12-
(accum.)
Chemical Co.
Wabasso
11-15
1
11-15
10c
45c
5c
25c
non-cumulative $st preferred (quar.)
Knitting Co.—_———
$2.50
11-20
12-15
Willlaqispojrt Water Co. $6 pfd.
Manufacturing Co.—
Stock dividend
Utica
11-5
11-30
*12-1
11-30
——————————
Rubber Co.,
S.
97c
11-20
II-15
12-15
12- 7
Reclaiming Co.—-
Minnesota Mining if
U.
1?-10
12-15
5c
12'/2c
12V2C
$2.75 preferred (accum.)—
U. S. Electric Light & Power Shares
Warren
preferred (quar.)__—
Utilities
2
35c
—
preferred
11-20
$3.50
pfd
(quar.)
$2 conv. pfd. (accuni.I.¬
Midland Steel Products Co., common (quar.)
$2 non-cumulative preferred
Rubber
11-20
1
20c
Brewing Co., 10% conv. pfd. (year-end)
Michigan Consolidated Gas Co., 4%% pfd.—
Quarterly
!
i
preferred
1
12-
$50c
—
Metz
Midwest
12-
70c
(quar.).,,
1
11-20
prior pref
(increased quar.)
Insurance
preferred
U- 5
1-
—J 5c
Public Utilities
United
11-30
11-15
Corp.—
Extra
$3
12-
2 V2 7c
11-30
12-20
-
Co
Lines,
Pacific
2
1
Co.—
Bearing
Merchants h
United
1
I-
5
11-36
—
interest
Voting trust certificate
Communica¬
Co., Ltd.,
Air
U-30
-
Ltd.
(interim).
Underwood Corporation (year-end)
Union Tank Car Co. (quar.)
11-15
12-
12-15
1
(quar.)
Brothers,
1
57c
(quar.)
Corp.
Brewing
15-
Trust—
Mills
Flour
Roller
11-19
12-12
12-15
(quar.)
Incorporated $2.50
Tlmken
.11-19r
it-i»
12-
Extra
11-26
25c
(quar.)
1
1
1
5
certificates
Roofing Co., Inc.
12-10
1212-
11-20
preferred
17c
10c
Amer. dep. receipts
Masonite Corp., common
(quar.).
.4Vi% preferred (quar-)------—
57o
Tex-O-Kan
1
40c
i
(quar.)
Land
shares
20c
.
com
12-
3
12-
& Steel Co
Works
Ctfs. of beneficial
(quar.)_
Thermit
Pacific
Sub
12-
11-20
36'4c
—
(quar.)
Corp.
Water
preferred
Texas
$1.25
Co.,
Power
12-14
17c
11-15
12-15
11-17
10c
40c
———
30c
Champagne, Inc
Ltd. (quar.)
Ludlow Manufacturing & Sales Co.
Manischewitz (B.)
Co. (year-end)
$4
2
11-15
12-15
14c
Lexington Water Co. 7% pfd. (quar.)
Liberty Fabrics of New York (initial)
Line Material Co. (stock dividend)
Little Miami RR. (originial stock)
8%
1-
11-30
$1.50
57c preferred (quar.)
Lakey Foundry & Machine Co
Meteor
1-17
50c
Extra
$1.50
2
$1.75
convertible preferred
Haute
1
1-
2
Superior Tool & Die Co
Sylvania Industrial
(s-a)
—
(quar.)
12-
12-18
11-24
common
1
preferred
&
Suhray Oil Corp.,
4'/2%
2
11-
(quar.)
(quar.)—
—
12-
——
McGraw-Hill
Corp.
$50c
—
Utilities
McColl-Frontenac Oil
Furniture
12-
3
1-
H-15
11-
—
Extra
11-16
1
5
Special
Storkline
12-31
12-
12-
25c
(Detroit)
(Ohio)
t40c
Ltd.—
(s-a)
International
11-13
1
1-15
12-
"
Ltd.—
tion
Accident Ins. Co.
$50c
Petroleum
Inc.
12-
11-20
11-15
(s-al
31V2C
Canada,
stock
11-23
11-15
——
—
$25c
of
Loblaw Groceteries Co.,
(quar.)
Dredging Corp., common
convertible preferred (quar.)
$1.60
11-13
$1.50
(quar.)
<s-a)„
Nickel Co.
Special
Mill
Soule
"Sport Products, Inc.
Standard Oil Co.
$50c
Lansing Co.
11-20
12-10
11-10
15c
133/»c
$2
40c
Co
Standard
75c
Extra
Co.
5
15c
(extra)
Manufacturing Corp., common (quar.)
55c convertible preferred A (quar.)
12-
Lane-Wells
5
11-20
15c
Oil
Solar
37'/2c
Corp.
12-31
11-15
11-12
District
1212-
11-30
U-~8
50c
Corp
O.)
Socony-Vacuum
40c
Mines,
1
11-15
$$1.62V*
$$3.25
37V2c
683/4C
90c
5c
50c
$1.75
37V2c
$50c
$1.05
$1.50
$1.25
25c
50c
;
-
&
Superior
12-
12- 1
25c
Sheller
Solar
convertible
Whitehall
(W.
12»/2c
Lake
11-10
25c
50c
Joseph Water Co. 6% pfd. (quar.)
Gas Co. $5 1st preferred (accum.)—
Silverwood
2
75c
$1.50
(quar.i
Parts
1
10c
85'/2c
40c
Extra
Co.—
Co.
Oklahoma
of
Co.
Sharp & Dohme, Inc.
1
IOC
Motor
Oil
12-
$2.50
•_
Seattle
11-30
&
(year-end)
Missouri
,
11-15
-„1- 7
$62 V2C
Midland Oij Corp.,
—
Cincinnati Gas &
Chemical
Mining
Metal
Steel
1
25c
cumulative
Merchants Fire
trie Co.
Central
2-
Sheaffer
(quar.)
La Salle Wines &
'
rc,
preferred
12-10
$1.75
$1
$1.50
50c
25q
20c
,
Grande
25c!
(s-a)
(quar.)
Lake Shore
'
11-23
11- 5
ll-23_..U-5
12-15
12-15
12-10
11-1Q
12-20
$1.75
Co
Manufacturing Co
Robertshaw Thermostat preferred (quar.)—
Roxy Theatre, Inc., $1.50 cum. pfd. (quar.)
Royalite Oil Co. (s-a)1—
<rl2-18
11-20
3
Ry.—
(quar.)
Republic Petroleum Co. 5V2% pfd. A (quar.)
Reynolds (R. J.) Tobacco, pfd. (quar.)
25c
(year-end)
common
May McEwep, Kaiser Co.
$1.50
$1.50
(accum.)
12-28
$1.25
preferred
67c
Ashtabula
preferred (accum.)
6'/a 7c- preferred (accum.)
Reo Motors, Inc
Rio
1
12-
$1.50
6V27o
il- 8
12-10
12-
40c
30c
$1
,
(quar.)
Reed-Prentice Corp.
Reliance Grain Co., Ltd.—
.12-1
$1.25
Indemnity
Co.,
(D.)
Marconi
Central
preferred
11-30
11V2C
—
$$1.75
American
1%
11-15
75c
75c
$1.1? »/3^
12-20
common
Yearrend
11-20
50c
11-30
11-151
11-26
50c
$25c
$15c
40c
Ray-O-Vac Co.
11-17
Koering Company (irreg.)—
^
France Industries,
67c pfd. (accum.) —
La Pl&nt-Choate Manufacturing Co., Inc.—
Co.—
pfd. (s?a)
issue pfd. (s-a)
issue
,
Extra
11-17
La
11-15
11-30
11-21
12-15
$63c
Registered shares
Heat
(quar.i
Central
"6%
12- 1
12- 1
50c
Light
.
-
12-15
(quar.)
International
11-20
220c
Gas
(quar.)
tilsw.
(irreg.i
Railroad
2
11-18
_
—X
(quar.)
Chocolate
&
Mining
25c
Co.,
A.)
(S.
Bearer shares
11-20
1-
2$1.50
Ltd
Natural
preferred
S2
1- 2
for
$5)
(s-a)
Bakeries
11-15
11-15
11-15
Nut
Purity
1
1
75c
preferred
(quar.)
pfd.
International
11-30
220c
(s-ai
B
to
i
Youngstown &
preferred
(quar.)
T/o
Planters
5
12-
25c
(year-end)
Registered
Engineering—
Shipbuilding &
A
Class
Corp.,
preferred
Service
12-
56'Ac
International
11-30
11-30
(quar.)
Pittsburgh
11-15
Quarterly
12-15
1- 2
stock
common
Risdon
Huntington Water Co., 67c pfd.
1% preferred (quar.)
Imperial Oil, Ltd. bearer (s-a)
11-16
12- 1
11-10
12- 5
1-2
of
changed
15c
Public
1
Houston Lighting & Power Co. (quar.)
Hudson Bay Mining & Smelting Co., Ltd.—
11-16
12- 1
t25c
quar.)
be
(quar.)
12-
12-15
11-20
11-20
11-13
Manufacturing
Gas, 57o pfd. A (quar.) —
Hobart Manufacturing Co., class A (quar.)_
12- 1
$ 12Vac
A
Common
Co.
5
12-
—
quar.)
57c
(quar.)
Phoenix Corp.,
Hein-Werner
12- 1
11-30
12-15
12- 1
12-17
1- 2
1- 2
share
to
12-
12-15
10c
Motors
87c
Inc.—
Co.,
1
Phelps-Dodge Corp. (quai\)___
Pillsbury Mills Co., common (quar.)
$4 preferred
(quar.)
Pittsburgh Bessemer & Lake Erie RR. Co.—
11-16*
6?V2c
(quar)
common
(quar.)
Inc.—
convertible
12-
11-13
Co., new
(initial)
Pettlbone Mulliken Corp.•
Pfizer (Charles)
81 Co.____2
11-16
20c
preferred (quar.)
Hecla
12-20
1- 2
value
$7 preferred
llr20
15c
preferred
Hiawatha
11-20
11-20
11-15
1- 2
11-26
1- 2
1
5
12-
15c
(quar.)
(initial
1
$15c
share of common held
Pen
Polaris
Corp
Industries
4»/2%
Ltd.—
Products,
(initial
$20c
25c
Inc., common
$4.25 preferred
Canadian
45c
12-15
12- 1
12- 1
12-15
12-15
12-
12-
12-15
Bottlers,
Harshaw
11-15
11-15
$15c
$5c
25c
$1.75
(quar.)
{,|ixtra
Burton-Dixie
12-15
25c
50c
25c
$1.50
12-10
Inc.,
12-1
11-20
12-
$$1.25
Dredging (interim).
Pennsylvania Exchange Bank (S-a)
;
Pennsylvania State Water Corp.—
11-30
$1
cumulative
6%
11 -10*
11-16
$25c '
$15c
12-15
45c
Stores,
Common
11-16
$1.25
Ltd.
Products,
Building
Co.,
(quar.)
Co
$25c
Griggs Cooper & Co., (quar.)
Refractories Co.—
11- 5
12- 1
10-31
1
12-31
;■
Pato Consolidated Gold
Harbison-Walker
11- 5
11-23
12- 1
2'/2c
50c
120c
Mfg.
Co.
(quar.t
Co.,
Inc.
(quar.)
Shoe
Silk
11-15
11-15
11-8
11-15
(quar.)
Industries,
A
11-15
common
preferred
General
2
40c
15c
preferred
Green
12 -1
25c
(interim)
American
11-30
12-21
60c
(quar.)
Extra
:*.ui-20
15c
50c
Braniff Airways
tjExtra
Fair
1-
$25c
12-10
?- 1
12-10
;
Paterson-Sargent Co.
11-15
15c
Co.,
Wood
57c
$1.25-^VH-2Q
$2.25
12-31
11-30
(quar.)
-
Co.
1
—
General
.
Bristol-Myers
12-
Bait.—
of
(quar.)
H.) Co., Inc.
preferred
Great
11-15
30c
common
America
of
(M.
Common
.
Co.,
preferred
Albany RR. Co
Ground
12-10
(quar.)
B
Gerrard
11-17
11-17
12-
(quar.)
additional
Parker
Goodyear Tire & Rubber Co., of Canada, Ltd.-
11-15
11-17
12- 1
$1.50. */.I2'-!5
Light
cumulative
Extra
2
•__
5
12-20
.
12-1
Extra
Reinsurance Corp.
Co.
Class
11-15
11-16
12-
$1.50
tquar.)
&
i-
2
1
371/2c
preferred (quar.)
Co., stock dividend—
each
Ltd.—
(quar.)—
Associates
(year-end)
Utilities
General
Co.—
Power
62»/2c
Co.—
preferred
conv.
General
II- 6
11-16
12-
Peoples Telephone Corp. 4%% preferred
Peoples Water & Gas, $6 preferred
—i*.
$5
11-15
12-15
20c
10c
Pepperell
$2.50
11-20
12-10 *
12- 5
41'Ac
$1.25
50c
preferred (quar.)
Water Works—
preferred
Hills
1-11
Garrett Corp.
11-30
1- 2
12-15
11-7
Fran.)
11-10
Gar
11-30
12-1
(quar.)
11-10
Food
12-20
11-15
15c
$1,50
37*/2c
(San
common
1
Fishman
11-16
12-31
11-30
11-13
12-
433/4C
$70c
1
Class A
Corp.
(quar.)
Gas
1
1-
11-16
12-1,
(accum.)
12-
Florida, Power
50c
30c
7c
Co
Corp.
Birmingham
3
2-
12-14
12-10
12-15
convertible preferred
(quar.)___
Light, Heat & Power Co., Ltd.—
One
+$1.25
25c
3
12-10
li-15
1
40c
12-
$4
15c
3Qc
Inc
pieferred
Brown
11-20
50c
12-
"1- 2
12-
$1.12I/(i
—
$1.50
Flintkote
10c
?|,ormerly Bankers Nat'l Investing
Bigelow-Sanford Carpet Co., Inc.-r
'"Common iquar.i
British
11-19
1
$87V2c
(quar.)
2
1-
$1.75
Extra
$1
(year-end)
Works
Manufacturing
Boston
Co.
Louis & Interurban Water
St.
4%%
———
Mills,
preferred
Finance
12- 1
25c
^American shares
(interim.i
& Seelig Mfg. class A (quar. )
&
1
12-
$3 non-cumulative Class A (quar.)
Fajurdo Sugar Co. of Porto Rico (quar.)
Fansteel
Metallurgical Corp,
Federal Lt. & Traction Co., $6 pfd. (quar.)
11- 9
12-15
$1.371/2
Barlow
Boston
RR.
8
Pacific Can
U-10
57c
Bainco de los Andes—
6%
12-
preferred (quar.)
preferred (quar.)
Eastern Steamship Lines, Inc., common
$2
convertible preferred
(quar.)
for
of
_
Black
$1.75
1
11-
10c
Building
Common
1
11-12
100
17c
11-16
11-16
75c
50c
Registered shares
& Co. $6 conv.
Refining Co
67c
ii-30*
11-13
12-17
Class
shares-
Beneficial
12-15
12-
12-15
25c
$1
6 7c
12- 1
3c
__
Atlantic
Belden
Ottawa
75c
Delaware—
of
pfd.
(quar.t(liquidating)
Armour
Beaunit
$1.50
4
12-
Andian National Corp., Ltd.—
X CJommon
1
i2-
12-10
Eastern
_—
Verre-Mural
Building,
12-
12-14
50c
Eastern Steel Products,
$1.50
$1.75
_
Corp.
Thermometer
Balfour
Brook
Bound
&
11-30
11- 1
12- 5
11-23
stockholders)
Gear
12-15
(quar.)_
East
of Rec.
Inc.—
Co.,
Power
be changed to $25)
(subject
to
approval
Powder Co.
Oshkosh B'Gosh,
Extra
,(par
Employers
American
Atlas
Orpheum
11-12
11-16
English Electric Co. of Canada, Ltd.—'
American
Automotive
12-20
11-27
12-19
11-30
(quar.)
11-12
12- i
to
1
$1.75 prior preference (quar.)
Orange Crush, Ltd., 7Qc conv. pref.
$1.12 >/2
pfd.
11-23
(accum.)—
held
ll-i5-
57c
11-23
(accum.)
«r?.lue
each
12-15
50c
quar.)
12- 5
12-15
12-15
12-15
Furniture
Bearer
(initial
12-
15c
11-15
2
11-30
12-15 "
-
Co
12-15
$1.75
$8
11-15
*
r
Inc.,
Sons,
Manufacturing
10-31
11-30
1
held
Ohio Power Co- 4Va%
preferred (quar.)
Ohio Seamless Tube, common——
Shares—
12-24
prior preferred (s-a)
American Manufacturing Co. (stock div.)—
Three additional shares of common stock
"
Oak
50 c
(quar.)
12- 1
15c
$1
(quar.i
Convertible
1
6
1-
11-20
preferred (quar.)
71%c i
Northeaster^ Water,' $4 pfd. (quar.)
$1
Norwich Pharmacal Co.——15c
Nova Scotia Light & Power, 6% pfd.
(qua^)
$$1.50
75c
$1
Co.
Insulator
American
H older t
When
Payable
50c
American
12-14
1
12-15
__
each
12-
11-10
(quar.)__
for
11-20
5% 7c
5c
15c
Inc.
Foreign
&
12-29
$1.19
(quar.)
40c
iquar;)
preferred
preferred
$7
pfd.
$2
Insurance
Forster
preferred!
Paper
common
..Extra
<;$6
&
12- 8
11-15
12-26
12-24
Industries,
American
Corp.
20c
$1.25
—
Co
_
preferred
11-23
Elec.
&
American
11-20
1
1
12-14
(irreg.)
(stock div.)
common
12-
$2
$2
__
Gas
Pac.
North
pfd.
75c
Engineering
(year-end)
15c
iquar.)_
RR.
Mfg.,
Extra
American
&
Inc
Inc.
& Vermont
Laboratories,
7
share
8To
11-24
12-10
12-
I7V2C
$31 'Ac
'■
&
(quar.)
Inc
Association
Co.,
25c
Power
25c
Inc.__
Associates,
4%
Grocers
Water
77o
Share
Name of Company
Dairies,
12-
American
one
Co. (irreg.) —
Distillers Corp—Seagrams 57c pfd. <quar.)_
Dixie Cup Co., class A (quar.)
Dominion Envelope & Cartons, Ltd.—
Industrial and Miscellaneous Companies
.3.
11-23
Securities
Detroit International Bridge
The dividends announced this week are:
"
Standard
;
t$3
(s-a)—
Dayton Power & Light Co.—
4preferred (quar.)
declared.
;<V'
12-
7
12-
Mortgage
Nachman Corp.Narragansett Racing
North
12-
20c
pfd.
(annual)
5 7c
pfd. (initial)
Crosley Corporation
Crown Cork & Seal,
weejt when
v
12-15
50%
—
—
non-cum.
Aviation
&
—
preferred
Consolidated
7 7o
11-20
1
Amusement—
Continental
Crum
12-
&
P.) •& Co.,
Muncie Water Works Co.,
60c
__
Diversified
Loan
(J.
shares
__
,__X
11-20
60c
Pictures
$2.50
Creole
12-1
25c
_
Consolidated
are
Montreal
25c
$1
$1.06
$1
(quar.)__—v-
Montgomery & Erie Ry, Co. (s-a)
12-15
participating
preferred class D
Morgan
25c
Delaware
'
.11-30
1
and Investment News Department" in the
Aluminum
11-30
12-15
12-
Cushman's
Allied
12-15
12-15
which have not yet been paid.
Further details and rec¬
ord of past dividend payments in many cases are given
under the company name in our "General Corporation
Air
$13.10
(quar.)
C
of Rec.
11-24
12-10
25c
(quar.)—
4%
$3
(irregular)
grouped in two separate tables. In the
first we bring together all the dividends announced the
current week.
Then we follow with a second table in
which we show the dividends previously announced, but
Albany
11-30
'
X
—'
preferred class B
4Vu7o preferred class
Holdera
Payable
Share
.
---T
Extra
$1.25
Consolidated
Abbotts
12-15
__________
Commercial
*;
Name of Company
•
;
4%
Corp.—
Baking
Columbia
1932
DIVIDENDS
»"•
$1.50
preferred
•
Common (quae-)
$1.25
8%
Dividends
11-30
(quar.)__—___
Confederation
•
11-30
12-15
Corp.—
Class B (year-end)
J In Volume 161.
Issue.
12-15
$1
Columbia Broadcasting System, Inc.—
Class A (year-end)._
*
2193
:.Jan
1
Nov 15
•
11-10
(s-a)
Extra
1932
Dec
12-1
$1.25
Co., common (increased)
participating preferred (quar)
$1
1932
Nov 15
due 1980
—_i
_
(quar.)
com.
convertible
'
When
/
of Rec.
75c.
_
——,
Aikman
Columbia
$2490
Holder %
Minneapolis-Honeywell Regulator Co,—
(year-end)
A
&
5 7c
3'/2s, series A,
preferred stock
75-cent
• Announcement in this
Class
Collins
Common
Texas Power & Light Co.—
6% gold debenture bonds,
.
Common
2191
_
X—
(quar.)
Co.,
When
Payable
Chattanooga—
of
$3 Class A (s-a)
Coca-Cola International
Louis—
General
:
pfd.
Year-end
Refunding & improvement mtge. 33ss, ser. B, 1974__Dec 17
mtge. ref. 4s, due 1953__
Jan
1
gen. & ref. mtge. 57c
bonds, series
K
Texas & Pacific Ry.
D. due 1980
Co.
Coca-Cola
Southwestern Light d? Power Co.,
-
Water
5%
1930
ref. mtge. 3'/2%
1st &
Per
Share
Name of Company
City
,
bonds, series C, due 1968..
Jan 1, '46
bonds, series B, due 1964__Jun 1, '46
1st mtge. 3%s, ser. A,
1st & ref. mtge. 3%
„
ref.
Telephone
2307
'"
■■■•,
■.
v
2308
Per
Below
announced in previous
give the dividends
we
.
Wnen
Per
Share
Name of Company
Steel Co.
Acme
40c
(quar.)
25c
Co
Acme Wire
-
(quar.)
Agnew-Surpass 8hoe Stores, common
Co.
Kid
20c
11-25
11-10
11-15
11-
$1
Inc
Allied Stores, 5%
—
Ltd.,
6% preferred (quar.)
Amalgamated Electric Corp.,
American Airlines.
Inc.
American Arch Co.
(irreg.)
11- 9
1
11-19
Forging & Socket Co
& Hoe, common
12-
1
11-15
11-15
10-26
11-15
10-15
11-20
1111-
12-
5
12-
5
12-31
Metal
American
Common
Amer.
and by the Superintendent
of the State of N. Y
stockholders
Insurance
11-14
1-
2
12-
1
11-15
12-
1
11-16
4%%
1
11-16
Canada
11-23
6%%
6%
100%
11-15
11-
5
Canada
12-15
12-5
Class
12-28
11-23
11-19
7%
preferred
12-
11-15
1
11-
12-15
11-30
2
12-
11-
5
10-19
Autocar
5%
Co., 5%
series
1
11-10
2-1-46
l-l'l
$1.50
1-31-46
1-21
1
^11-11
12-
30C
•
B
$15c
12-
1
15%
11-20
12-10
Common
B/G
Baltimore
12-24
12-10
6%
12-10
Co.
of
Bathurst
12-
1
62 %C
12-
1
11-20
Chain
1
11-
1
11-
9
12-
1
10-26
7%
<;
preferred
Aircraft
Stock
Bell
11-15
11-30
11-
11-15
1
12-
1
11-15
Chicago
11-15
11-
Chickasha
12-20
11-28
1
11-15
12-
•
(N.
Y.I
1
1
11-15
Pac.
(quar.)
Ridge
Corp.,
$3
(quar.)_.
(H.
C.)
1
1
7%
Inc,
&
1st
Co.,
11-
1- 2
50c
12-15
5%
11-20
Preferred
1-2
11-
1-24
1-14
12-13
11-15
12-
1
11-15
12- 1
11-15
$1.06 V*
$2.50
11-13
Gas
11-15
10-25
1
11-
5-
1-2
12-
11-13
11-
1
11-15
11-
$2.40
7
75c
11-24
11-10
1
$2.20
12-10
11-10
20c
12-10
\
12-22
12-
1
* '
preferred
preferred
Power
preferred
1
11-15
Falstaff
11-10
1
11-
12-
11-15
2
12-31
12-
12-
1
11-19
12-
$
a
share in
Inc.
preterred
(quar.)__
(accum.)_
<quar.)_
Boston'Woven Hose & Rubber Co.
12-1
11-10
20c
12-
11-16
$1.75
1
11-15
&
Y.)
Bake
Shops,
Inc.,
6834c
11-15
11-
A
Firestone
4 V2 %
Tire
&
(Newark,
Rubber
Fleet
$$1.50
12-31
12-24
12-21
11-
11- 5
11-15
$4.75
12-
1
15c
(quar.)__
preferred—
32-22
•79c
11-15
12-
1
11-30
Aircraft,
4%
Ltd.
&
12-15
11-
12-1
11-15
9
Kleiser
Gas
.11-26
11-15
(
1-2
11-15
/'Cofcstolid&ieii Fressi'' clastf ^^(irregUlaf)----^*
Consolidated Paper Co,
.
(quar.)__^-__.__™_-.
Mm'-
4-1-46
12-31
West
Sixth
Co.
12-15
11-15
11-
12-10
12-
1
11-17
11^
8
11-15
10-16
25c
11-15
10-16
11-15
10-15
3
12-
1
11-15
12-
1
11-20
12-
1
11-20
12-
1
11-15
12-
1
11-15
11-15
11-
1
11-15
11-
1
$4
12-15
11-30
12-
1
11-16
62 %c
50c
12-
1
11-20
$1.12%
12-
1
11-20
30c
5-
1
4^15
11-15
11-
10c
11-15
11-
1
20c
12-15
12-
5
$1.75
12-1
11-13
25C
11-25
11-10
30c
11-25
11-10
40c
11-15
10-26*
10c
11-15
11-
5
preferred (initial quar.)
84%C
12- 1
11-
9*
6% pfd. (quar.)
$1.50
11-15
12- 1 "
Bottlers. Inc. (resumed)
Cigar Co.,
$1.12%
25c
——
1%
pfd.
(quar.)
5% pfd. A (s-a)
preferred B (s-a
Foods Corp.
(quar.)
:
General Finance Corp.
6%
12-15
12-31
5c
Gamewell Company (quar.)
Gar Wood Industries
i
,11-15
12-31
75c
20c
(initial)
li-15
10-15
11-15
10-15
General Industries Co—
25c
12-
1
11-20
General Mills 3%%
1-2-46
12-15
General Outdoor Advertising
,
General
$200
12-15
1-2-46
$1
50c
(s-a)
11-30
12-20
-
Co..
50c
Consolidated Natural
11- 3
11-30
12-15
$50c
(irreg.)
Freeport Sulphur Co. (increased quar.)
Fruehauf Trailer Co., com. (increased quar.)
4Vi% convertible preferred (quar.)
Fulton Iron Works Co., 6% non-cum. pfd—
General
40c
12-15
17 %C
(interim)
preferred (quar.)
Foster
"General
25C
———
Corp
11-17
25c
Quarterly
Fitzsimmons Stores, Ltd.—
1%
preferred (quar.)
1
11-17
11-30
Co.—
10-15
1
11-10
II-30
J.)—
(quar.)
Fitzsimmons & Connell Dredge & Dock Co.—
10-31
$1.50
(quar.)
N.
preferred
11-15
12-
11-15
11-10
1
$1.25
(s-a)
__—
.11-15
12-
1
1
12-
3c
1
(s-a)
4c
55c
1212-
30c
(quar.)
(quar.)
Corp. (irreg.)
75c
56V4C
50c
25c
class
Insurance
Increased
11-30
5
11-1«
25c
—
Extra
Firemen's
10-20
11-
1
12-
50c
Corp.
Petroleum
10-20
1
11-30
11-30
25c
common
——
Electric $1.50
Federal
10-20
12-
11-15
12-15
Syracuse
preferred (s-a)
11-15
60c
1
12-
12-15
$2.50
Traders Life Insurance,
Extra
11-15
8
11-30
75c
$1.25
(quar.)
Quarterly
Federal
11-15
11-30
11-15
25c
(quar.)
Four-Twelve
50C
m
(N.
$1.25
Co,—
10-31
■
Farmers
$1.50
12-15
1
$2.50
preferred
$5
Fire Association of Philadelphia
11-30
11-20
12-
37 %c
;
10-20
12-15
1
15c
(quar.)
11-15
12-15
11-10*
12-
30c
(quar.)
Federal-Mogul
150
11-26
5
25c
(quar.)__
(quar.)
Florida Power Corp., common
11-20
$1.50
Co.
f4c
16c
(quar.)
&
"56"
62 Vic
——.
Laundries
Morse
10c
Corp. (quar.)_
(accum.)
Quarterly
Consolidated
&
11-15
1
7
11-10
12-
$1.25
(quar.)
Gregg, Inc. common
11-15
Consolidated Edison Co. of New York, Inc.—
75c
interest
1
(Toronto)—
Corp.,
beneficial
1
11-15
11-
31-27
12-20
50c
(accum. )_
common
Brewing Corp.
$1.25
Co.
Co.,
12-
1
11-24
50c
preferred
conv,
12-
12-
10-19
11-15
$1.25
pfd
preferred
75c
$1.25
11-23
11-15
12-»1
$1
5%
Extra
4
11-14
12-15
1
Fansteel Metallurgical Corp.—
11-19
11-28
11-24
25c
Extra
10-23
47c
12-10
S3
Extra
25c
11-10
75c
Coe
12^*M
11-23
11-
11-24
75c
16V4C
(initial)
(quar.)—™-,-—
(quar.)
Co.
(quar.)
Cigar
Faber
11-15
11-10
12-15
11-15
75c
(quar.)
preferred
1
5%
—
Ltd.8c Power
Biscuit
of
1-2-46
lf
(quar.)
Light
Ctfs.
5
11-20
12-31
11-30
Railroad
5%
11-10
12-10
11-30
Erie
1
2
$86
6
1
I-
$69.87%
$75.25
3-
12-
3
ll-_ 5
8 %
preferred
preferred
Equity Corp., $3
12-
11-
11-15
1%
6
12-
3
11-15
11-30
12-
12-
11-
$64.50
12-
12-15
11-20
$25c
(quar.)
Empire District Electric Co.
Empire Gas & Fuel Co., 6%
6 V2 % preferred
11-15
15c
preferred
Consolidated
(quar.)
Auto-Lite
12-15
12-
11-6
1
20c
Manufacturing Co.
12-
1
(s-a)
Products
1-15-46
1
11-17
11-20
11-15
50c
Ely & Walker Dry Goods (quar.)
Empire & Bay State Telephone—
4%
guaranteed (quar.)
$2.50
12-15
12-
20c
(year-end)
1
10-31
2c
Co
31J/4C
International
Consolidated
pfd.
Lines
Air
Electric
5
12-31
1
12-
37 %c
Brewing Co. (irreg.)
Eagle-Picher Co. (increased quar.)
11-10
7
12-31
2-1-46
50c
11-24
11-
10-31
1-15
25c
Eaton
12-
11-15
11-24
75c
Manufacturing
11-
12-
1
5c
11-15
2
12-
25c
Corporation
1-
6
$5
common
Steel
11-15
11-
12 %c
Eastern
12-22
6
11-15
15C
Co.
Eastern
$3
8
11-
$20c
Ltd. ^increased)
Co., Inc. (annual)
Eastern
8
2-
11-24
11-15
$20c
B.
&
11-14
$30c
Extra
E.
1
12-15*
$50c
12-12
Connecticut River Power Co.—
6%
common
11-21
5c
Mines,
Connecticut
11-10
Co.,
11-21
87 tic
_______
Connecticut
$1.75
12 %c
11-22
12-
Investments—
12-10
.4
Quarterly
Coniaurum
12-
$1.50
5
11-30
3-1-46
444c
Co
Corp.,
Dwight
1
25c
(quar.)
7%
5
$$1.25
(quar.)
(quar.)
12-10
(quar.)
series
Confederation Life Assn.
11-24
1
12-
50c
series
preferred
Commonwealth
11- 2
12-
$1.25
preferred
Fanny Farmer Candy Shops
i
Extra
6
Ltd.—
(accum.)
Stores,
Drug
Dravo
10-30
11-
50C
.
1
$1
11-15
11-15
87 Vic
(quar.)
A.
(quar.)
Columbia Pictures Corp. $2.75 pfd. (quar.)
Commonwealth Telephone 5%
pfd. (quar.)_
Compo Shoe Machinery Corp., com. (quar.)_
11-30
11-15
5%
preferred
2
11-
11-15
1
25c
preferred (quar.)
Dun & Bradstreet, Inc.
(quar.)___;
IOC
(initial)
preference
6%
11-30
11-
11-15
$55 %c
6%
5
25c
-Columbia Gas & Electric common
12-5
2
1-
11-20
12-
75C
Corp.,
1-1-46
r
(quar.)
Milling & Elevator
$3 preferred (quar.)
11-15
preferred
Fairbanks
(initial)
common
11-20
1
11-20
$1.25
Eddy Paper Corp.
(quar.)
common
Colorado
10-23
12-
15c
~~~~
1
conv.
11-15
'
*
(Sidney)
Fund,
11-
I
&
stock
common
___•
__™
Payable in cash or l/32nd of
Blumenthal
20c
37 %C
______
common
preferred (quar.)
Company
Extra
$3
preferred
preferred
Colorado Fuel & Iron Corp.—
11-20
$1.18%
25c
Blaw-Knox
4%u
New
12-- 1
$58.50
(quar.)
(Ph'la.).
11-15
$1.50
$3.50
Concord
ZZ.
$1.25
$3.50
11-30
Colonial Stores,
1
12-
37 %c
Extra
12-10
11-15
$1.25
12- 8
12 %C
common
1
Ry, Co.—
11-30
11-15
Malting
1-
11-30
11-30
(quar.)
11-30
11-15
5%
5
Corp. (year-end)
Cockshutt Plow Co,, Ltd. (s-a)
Colgate-Palmolive-Peet Co., common
10-31
10-31
12-
50c
4
Investment
non-cumulative
Dominion
11-15
11-
12-15
...
1
11-15
12-15
7
5%
Drackett
Clinchfield Coal
1
12-
20c
12-26
12-
11-16
9
1-15
$25c.,
1
12-
11-
11-15
12-19*
1- 3
$1
12-10
11-15
11-27
11-
6
10c
2
50c
1
6
12-
1-
11-30
25c
11-15
12-
2
12-24
30c
Quarterly
Dominion Bridge Co., Ltdr (quar.)
Dominion Dairies, Ltd.—
25c
12-
2
9
12-24
50c
(quar.)
Anglo
12-10
20c
Clearing Machine Corp
Cleveland Hobbing Machine Co. (quar.)
Cleveland & Pittsburgh RR. Co.—
4%
(special)
(quar.)
7% guaranteed (quar.)
1-
11-
11-20
25c
&
1
(quar.)
&. Texas
11-28
1
35c
participating
25c 4-15-46
Orl.
12-
$1.37%
preferred (s-a)
Distillers
Corp.-Seagrams
(quar.)
Dodge Manufacturing Corp. (quar.)
Chile Copper Co
11-15
12-
20c
™~—
12-15
11-30
•
6%
1-
Quarterly
Company
11-10
11-19
50c
Diamond Match Co.
—
5% preferred (quar.)
City of Paris Dry Goods Co.—
7% 2nd preferred (s-a)
12-
.1
J
.
1
75c
Cincinnati New
11-10
$1.75
15c
Chilton
1
1
12-20
6
Dow
(quar.)
Oil
1212-
75c
com. (quar.)_
$1.12%
11-24
$1
(quar.)
11-
25%
Cab
12-26
6
Douglas Aircraft
(quar.)
12-15
10%
_i;
11-15
25c
(quar.)
Cotton
2
8-
Dominion
common
2
1-
$$1
±$1.75
__
1
8
25c
12-10
1-
3
common.,—
11-
11-
30c
Yellow
1
1-
5-
11-26
Quarterly
1
1
11-
2-
12-10
dividend
12-
I—
I
1
12-21
25c
40C
(quar.)
12-
$1
20c
'
1
25c
Chicago & Northwestern Ry. com. (irreg.)
5% preferred series A vtc (irreg.)
Chicago South Shore & South Bend RR.—
7
$1.25
_
■:;___.
Company
Ble'mer's
•Boston
11-30
$1.25
(quar.) *•
L
Spinning Associates, Ine.-r-
preferred
Bohack
11-15
11-
1
8-15-46
12-10
(liquidating)
$12%c
(quar.)
11-
25c
Bank & Trust Co.
1
12-
2-15-46
1
Chesapeake Corp. of Virginia
Chesapeake & Ohio Ry. Co
11-15
1
15c
(quar.)
Bethlehem Steel Corp.,
Blue
12-13
5c
preferred
Common
7%
11-15
12-13
12-
25c
common
$5 convertible preferred
&
Stock
10c
Corp
Dividend
Berkshire Fine
Best
Chemical
25c
(quar.)
Co.
Howell Co.,
&
4 Va %
preferred
12-
1
50c
1
(extra)
Corporation
10-31
50c
25C
10c
(quar.)-
(quar.)
Belding Heminway
Bell
,
$4.50
11-2
11-20
$1
(quar.)
1-
(irreg.)
Co.
12-
11-23
50c 5-15-46
preferred
1-
Belt
25c
(quar.)_
(quar.)
Corp.
Aircraft
Charis
1-2-46
$5c
common
Beech-Nut Packing Co.
8pecial
1
Belding Corticelli, Ltd.,
1
12 %c
Extra
9
12-
$1
&
Power
12-
62 %c
Company
Champion Paper & Fibre,
9
12-
$2
Pipe
Centurv Ribbon Mills
75c
■
,
Centrifugal
11-20
12-15
35c
(quar.)
preferred (quar.)
preferred (quar.)
Devoe & Raynolds Co., Inc.—
5% preferred (quar.)
$1.50
11-13
1
12-15
12-15
Stockyards (Colo.)—
$1.50
—
Products
Steel
12-18
11- 5
35c
(quar.)
(quar.)
$1.75
(quar.)
12-
$2.50
Paper, class A (quar.)__
Beacon Manufacturing. 6% pfd.
(quar.)
Beaux-Arts Apartments, Inc.—
$6 1st preferred (accum.)
Beck
(A. S.) Shoe, common (initial)
4%% preferred (initial) (quar.)
>
(accum.)
common
(quar.)
(quar.)_
Central Violeta Sugar Co. (SA) (irregular)Less 7 Vac withheld for Cuban dividend tax.
Ohio
Cessna
(quar.)
Co. (year-end)
Bastian-Blessing
1
$1
10-15
$1.50
(quar.)
11-
5%
11-15
1
$1.25
11-15
12-20
£ Barnsdall Oil Co.
■
preferred
preferred
12-31
11-15
5%
12-15
12-
75c
Central
50c
Canada
11-30
6
$37%c
(quar.)
(quar.)
Dominion-Scottish
$12 %c
Ellis
2
$37 %c
(accum.)
class A
A
Detroit Gasket & Mfg. 6% preferred (quar.)
Detroit Michigan Stove 5% preferred (quar.)
1- 2
11-20
$1.50
Extra
1-
11-
1
Corp. of Canada—
Extra
11-14
2
Extra
Barber
11-15
11-15
12-
1
$$2.50
class
(Mo.)
preferred
Dominion
1
7c
Co.
1
$12%c
1
12 %c
H.)
12-
6
25C
Co.
(quar.)
Derby Gas & Electric Corp
11-15
$2c
12-
1-
Mtge. Guaranty of Amer._
Shippers Insurance (quar.)_____
&
(W.
1
$$1
—
(quar.)
50c
Barber
<
(s-a)
preferred (quar.)
5%
preferred (quar.)
12-15
Bankers Bond &
Bankers
w
Ltd.
12-
$1.75
6% preferred (quar.)
Bangor & Aroostook RR., 5% preferred—
This payment clears all arrears
5%
preferred (quar.)__.
Common
Trust,
$6
$1
Inc
12-
held
share
Co.,
Co., common
Denver Union
12-20
12-20
$ 10c
$1.50 convertible preference
7%
50C
(quar.)
(interim)
Show,
1-25
1-15
—
Gold Mines,
Central Maine Power Co.,
12-24
7c
Radio
1
$20C
Investment
(accum.)
preferred
25C
__
Foods,
12-
12-
5%
20c
.
* Common
:
12-17
10-31*
12-15
40c
(quar.)
preferred
11-15
25%
dividend)
Rayon, class A
Dentists Supply Co. of N."Y.,
1% preferred (quar.)
1
(interim)
International
&
12-
$1.12%
(stock
Delaware & Hudson Co.
$20c
75c
(quar.)
Corp.
Corporation
Aviation
B
B
12-15
Co.—
preferred (s-a)
Deere
Central-Illinois Securities Corp.—
11-24
93 %c
series A preferred
5
11-23
12-20
$75c
Caterpillar Tractor Co. (quar.)
Central Foundry Co., 5%
conv. pfd, (quar.)
10-16
$1
Co
preferred
12-
2
5%
5
Canadian Wirebound Boxes, Ltd.—
11- 9
(Conn.)
Products
1-
12-
2
Canadian
11-15
Automatic
1-
Alcohol—
12-
$1.25
11-
Mines
Class
7
10-31
$17%C
Inc.,
Leather
Davis
12-
11-15
$2
RR.
Debentures & Securities
12-
(quar.)
for each
1
Gold
Corp.
11-30
3
Aunor
Investment
11-10
12-
RR.
10-31
8
2
12 %C
(quar.)
Manufacturing
(L. A.) Co.
5% %
1
12-
Co.
Darling
$15c
25c
preferred
Corp—
10-31
11-
1-
$1.25
pfd
conv.
preferred (quar.)
11-15
11-13
3
Shares—
J.
Press,
4%%
Curtis
11-13
1
12-
43 %c
(quar.)
$5
(s-a)
11-15*
$$1.75
2
10c
Line
10-18
12-15
(quar.)
Canadian Oil Cos., Ltd. new common
12-10
12-31
35c
Line
11-21
$$1.50
com.
Corp.,
Port Clinton
1
12-
50c
(increased)
com.
Insurance
preferred
Extra
$25c
Canadian Malartic
$1
Dry Goods Corp., common
6% 1st preferred (quar.) )
V'7% 2nd preferred (quar.)
Atchison Topeka & Santa Fe Ry
Atlanta Birmingham & Coast 5% pfd
8 Vo
Culver &
11-15
(interim)
Ltd., 5%
$3
6%
1
10-31
11-15
12-
93%c
(quar.)
(quar.)
preferred
Forster
10-31
11-15
12-22
$30c
common
Zellerbach
11-15
1
6
2
75C
(quar.)__
Delaware
1-
(s-a)
Coast
11-
Seal, Inc.
convertible
8c
11-15
$37 %c
Power,
Industrial
Canadian
8
1-
Associated
Coast
1
(quar.)
A
Class
2
11-30
Artloom Corp.
Atlantic
12-
Extra
$1.50
Equipment Corp., common (year endt__
$5 preferred (quar.)_
i_
Atlantic
Crura
7%
12-
Aro
Atlas Corp.,
Atlas Tack
1
$$1
Class
75C
Armstrong Cork Co., common
$3.75 preferred (initial)
.
Crown
11-
$$1.25
12 %C
common
convertible preferred
1
1
Westingliouse Co., Ltd. (stock
dividend) one-fortieth share of common
(s-a)
Oil Corp.
12-
12-
$$1.31 Va
(quar.)
Foreign
Canadian
30c
Archer-Daniels-Midland,
new
(initial)
Farms $3 partic, preferred <quar.t__
4%
5
11-15
25c
Arden
Argo
12-15
12-
11-
1-
5c
Ltd.
preferred
Crown Drug Co.,
$62 %C
5%
75C
(s-a»~
(quar.)
preferred (quar.)
Ampco Metal. Inc. 6% preferred (s-a)
Anglo-Canadian Telephone, class A (quar.)_
Anglo Iranian Oil (final).
Anheuser-Busch, Inc^ (quar.)
Brothers,r
2
Extra
convertible prior preferred
6%
11-
10-23
$11.50
6%
Arcade
Crown Cork &
11-
$25c
Canadian
11-15
50c
American Tobacco Co., common (quar.)
Common B (quar.)
American Zinc Lead & Smelting Co.—
$5
Northern
preferred
12-15
Corp.—
(accum.)
American Thread Co. 5%
preferred
.
11-15
37 %c
pfd. A
(quar.)
B
(irregular)
11-15
$1
preferred
1st
12-14
12-20
50c
& Refining, commonFoundries (quar.)
American Stores Co. (quar.)
American Stove Co.
(quar.)
Steel
$6
1
5
62 %c
6%
A
Canada
1
3%%
Co.
Crane
1
11-15
$1
<s-a)_—______
Imperial Mills,
12-
15c
class B (quar.)
preference (initial quar.)
Cement Co., Ltd.—
preferred (accum.)
Foundries 8c Forgings, Ltd.—
20c
Co
Smelting
American Superpower
11-
Cosmos
12-
Extra
Shipbuilding
American
11-15
37 %c
(quar. )__
preferred B
Common
American Safety Razor
American
Curtis Publishing Co. $4 prior pfd.
37 %C
•Canada Bread Co.,
50c
American
5
2%%
(quar.)
preferred
California Water Service Co.
75c
Mill
Rolling
11-
Canadian Fairbanks-Morse Co., Ltd.—
Common
American
1
Cuneo
11-14
(N. Y.)—
Stock dividend subject to approval by the
of
12-
12-1
1
$1.05
Crow's Nest Pass Coal
11-15
50c
.
11-
$$1.50
quar.)
5
Ltd.—
1
5%
(initial
11-
25c
12-
American Re-Insurance Co.
.
preferred
$4.20
1
$1.12%
(Holding)
C
com.
10-30
1
12-
$1.50
12-
7%
12-15
11-19
Works,
$$1.25
Zellerbach Corp.—
Crown
15c
California Packing Corp., common
12-
—
50c
11-15
10c
—-
11-24
(quar.)
common
11-15
$1.75
Crompton & Knowles Loom
6%
preferred (quar.)
'
11-15
1
12-
$1
dep.
Class
(quar.)
12-28
IOC
1
■_
preferred
7%
11-16
—
1
35c
11-26
25c
12-
$1.75
11-15
(accum.)
Cable & Wireless
12-
(bi-monthly)
Paper Goods, 7% pfd. (quar.)
Radiator & Standard Sanitary-
American
11-15
25c
Co.
News
American
11-30
1
$3
common.
12-17
12c
(quar.)
common
preferred (quar.)
Jackson Co. (quar.)
12-15
Corp.,
25c
Corporate
25c
Mills,
12-
(quar.)
Meter Co
American
1
11-15
Copper
Range Co.__
Investors class A (irreg.)
Corrugated Paper Box Co., Ltd.—
5%
preferred (quar.)__:
isx
'
11-16
11-16
11-16
25c
12-15
11-15
1
11-30
11-30
11-16
12 %C
'
Brothers,
4%%
12-
20c
75c
;
$4 convertible 2nd preferred (initial quar.)
(quar.)
preferred
Butler
Byron
43%c
(quar.)
common
(quar.)
11-16
SI
rets, for 5%% preference
California Electric Power Corp.
(quar.)
preferred
6%
7%
Co.,
11-24*
12-15*
1
Concen¬
&
preferred
15c
non-cum.
1
12-
Varnish
$1.57
preferred
Mining
■
Sullivan
&
60c
ofd. (irreg.)
Investment Co. of Illinois (quar. t _
American Ice Co., 6%
12-
&
preferred
1-2-46
11-26
11-16
—
$3
11-16
12-15
y—
$12%
5%
Inc.,
Hill
(quar.)
Adding Machine Co
Bush Terminal Buildings Co.—
10-25*
—
Cook
ri-~5
12-19
$5.60
20c
(monthly)
—*
1
11-16
11-20
5c
25c
2c
Burroughs
5
11-20
12-
1
11-
$1.25
(quar.)__
(quar.)
Extra
4%
11-15
12-
11-
11-15
12-15
Paint
11-16
10-30
12-
93 %c
11-15
prior
1
11-14
75c
(quar.)—
preferred
2.
11-30
(initial)
Continental Commercial Corp.—
7%
preferred (quar.)
15c
Machine
&
Burlington
5
12-15
25c
50c
62%c
75c
$2 preferred quar.)
preferred (quar.)
$3 preferred (quar.)
American Home Products
Bunker
10-26
11-15
12-15
$3.75
11-
*50c
31V4C
20c
(quar.)_
Extra
$1.25
$5
—--
Co.
11-15
10c
Die
trating
75c
$2.50
€
12-
18c
Falls
;.-f;
of Rec.
11-27
59%c
(quar.)
25c
Bullock's,
7
50c
preferred
American General Corp.,
American
12-
2c
American Fork
American
11-30
50c
(quar.)_
Extra
11-
2
10c
Co. (quar.)
American Chain & Cable, common.
American
1
1-
15c
Can
preferred
12 %c
Hills
Bol&pre
Payable
50c
Corp,
Continental Aviation & Engineering
Continental Can Co. (year end)_.
Buffalo, Niagara & Eastern Power Co.—
2
12-
12-22
—
American Colortype 5%
2-14
preferred
Bullock's Fund, Ltd.
20C
.
2-28-46
$1,60
$1
Inc
Extra^
$1
Extra
$1
Business Shares,
American
American
V
5
._
$>.
F"'
11-15
12-
$30c
Box Board .Co
11-16
Bueli
12-10
t$1.50
American
11-27
11-19
Ltd
American
50c
Budd Wheel Co._
+$2
Automobile Insurance (St. Louis)
Barge Line Co. (quar.)
American
9
25C
(quar.)
common
11-24
Aircraft
Power, $5 preferred
Corp. of America (year-end)
Container
3-30
10-12
Buckeye Pipe Line Co.__
Budd Manufacturing $5 prior pfd.
11-16
8
$1.91%
(final)
preferred
Portland Cement Co
Alpha
Aluminium,
12-
Consumers
12-10
Vultee
(quar.)
Glass Co., Ltd.
Consumers
$1.50 3-30-46
$$1
12- 1
— — —
Power
Extra
1
When
-
30c
__
f*
————t
'
'
Star#
(irreg.)
preferred
$1.25
12-21
12-21
1-
62Vie
10-31
12-
25c
(quar.)
Mills.
Allied
10-31
1
1-1-46
Allied
Allied
11-15
12-
7
2
1- 2
Buck
12-12
11-14
$$2.50
pref. (s-a)
5%
Algoma Steel Corp.
Finance
t30c
of Rec.
Payable
12-
12-20
$1
$1.50
Brewing Corp. of America (quar.)
Brockway Motor Co
Brown Fence & Wire Co. Class A
Light 8c
Name of Company
Textile Co.
Consolidated
.
Traction
Brazilian
Holderi
■'
Consolidated
1
11-21
1
12-
35c
CljiS.S A
Companies
Per
■
$1
Extra
Industrial and Miscellaneooa
11-
11-15
68 %c
Bourjois, Inc., $2.75 preferred (quar.)
Boyertown Burial Casket <quar.)_;
Bower Roller Bearing
(year end)
Brandon Corp., class A
M—M————«
of Rec.
Payable
Share
Name of Company
paid. The list does not include divi¬
dends announced this week, these being given in the
preceding table.
:
'■
weeks and not yet
■
.
November 12, 1945
;
Holdert
When
"v
■
.
Mo
FINANCIAL CHRONICLE
THE COMMERCIAL &
—
6
i
Volume
162
■
Number 4437
THE COMMERCIAL & FINANCIAL
CHRONICLE
Per
u,
ftfA flame of Company
rv..
When
Payable
Share
General Phoenix Corp., 7% preferred (quar.)
General
Steel
Wares
,,3?%c
11-15
25c
$1.50
t20c
12-
preferred
10-17
11-21
1
'
"(quar.) ***---—
$1-25
50c
35c
12-10
11-19
Graton
90c
11-15
11-
$1.75
11-15
—__
Knight $1.80 preferred (s-a)—_
7%; preferred (quar./
—
Great Lakes Dredge & Dock Co. (quar.)—
Great Northern Ry. Co.. preferred
Western
Brewery
Gulf
Oil
Corp.,
special
Hajoca
Hale
Bros.
Halle
Hallicrafters
Hailnor
Mines,
Hammermill
Ltd.
(interim>1
Paper 4%
Hamilton .Cotton
Hamilton
4%
Ltd.
Watch
(quar.)—
Hanna
11-15
Class
11-15
H"
i
lit 7
2
12-15
11-24
I-
12-
1
11-
Hershey
?
ft
12-15
11-23
12-15
11-23
12-
1
11-15
12-
1
11-15
12-
1
11-15
25c
12-
1
11-15
$1.06V*
12-
1
11-15
II-15
50c
Class
10-19
U-23
11-13*
11-
5
$1.25
$1.50
11-15
11- 2
75c
11-15
10-25
preference
conv.
(quar.)
Heyden Chemical Corp.,
preferred
preferred B
25c
12-
1
11-16
$1
12-
1
11-1$
$1
(quar.)
•12-
(quar.)
Heywood-Wakefield
5r/e
preferred B
Co.,
Spencer Bartlett & Co.
Monthly
Monthly
—
Monthly'
_**__**—
Stock
Holt
Sons,
!
Co.,
6%
1-25
1-15
12-15
12-
30c
25c
.***
12-
1
(Geo.
Co.,
M.
5
Howard
Howes
&
12-17
12-
.
Stores
12-
1
Brothers '7%
1st preferred
Hudson Motor Car
6%
12-
50c
11-15
10-27
—
$1.50
11-15
10-27
1
(quar.)
-
12-
1
12-
1
1
pfd.
(quar.),
$1.50
56(40
(quar.)
—
25c
12-
1
II-15
11-1
11-25
11-
$4
$1.25
common
40c
of
Canada
6%
convertible
Silica
preferred
6%
Co.
7
r-—
(year-end)
Stock
•
and
Bond
Group
Detrola
6%
5%
1st
1
50c
20c
(quar.),1—i
10-31
11-22
11-10
preferred
(accum.)
12-15
10-15
12-
11-
Vtc
(
liquidating
International
1
$4
i
50c
Products Corp,_T—_,T——_—
12-20
12-
11-15
1
57c
of Central America—
(accum.)—*—-,—.-***;—-
preferred
International Silver Co.
Intertype
Corporation
Iron
Fireman
island
Creek
Manufacturing Co.
Coal Co.,
,$6
prpfererd (quar.)
Island Mountain Mines
7%
(quar.)—
——
Co.,
Ltd
Isle
Royal Copper (irreg.)
—
Jacksonville Gas Corp.—*—*
Jantzen Knitting Mills, 5% pfd.
(quar.)—
Jefferson Lake Sulphur (initial)—
Jewell Tea Co., Inc., common (quar.),--,---:
Special
4%% preferred
—
.
1-2-46
11-17
12- 8
11-
11-15
10-25
SOP
(quar.)
—
——
$1.06(4
Johnson & Johnson (extra)
:
10c
Jbries & Laughlin Steel Corp., com. (quar.)
50c
5% preferred A (quar.)
——$1.25
5% preferred B (quar.)
.$1.35
Justrite ..Manufacturing, common,
——
2c
« Common
——
?c
Kalamazoo Vegetable Parchment Co.—
Common (quar.)
15®
—
•
——
(Julius) & Co—T-T—c-—•
& Trecker Corp
1—-—.—
Ken-Rad Tube & Lamp Corp.—
Liquidating stock dividend. One share
Kayser
Kearney
of
; Westinghouse Electric Corp. for each five
i'j. shares held ——
•'
Kentucky Utilities Co.—
ViVc junior preferred (quar.))
Keystone Custodian Funds "S2" (s-a)—
Keystone Pipe & Supply 57c preferred (s-a)
Kinney (G. R.) Co., Inc.—
I $5 prior preferred
(accum.)—
———
Knudsen Creamery Co., common
r
-
Extra
f50c
Kresge
r——
(quar.)
(S. 8.)
11-30
12-
1
12-12
1-7
.
12-
3
11-
5
(S.
H.)
(increased)—..——
& Co.
12-15
12-
5
Monroe Loan Society
Monsanto Chemical
12-15
12- 9
preference
preference
$4.50
preferred
$4.50
11-
10-31
12-29
12-24
$1.50
25c
11-23
11-9
12-20
11-30
11-30
11-20
10-31
Mount
52c
11-20
10-31
Mountain Fuel
5c
Morse
Twist
(quar.)*
2nd preferred
(quar.)—
;——
1-
1-
'
7
11-20
Tobacco
7
11-20
Extra
10-31
Diversified
Drill
$5
12-10
12- 3
1-2
12-15
1-2
4c
Preferred
11-15
il-16
1- 2
1
11-19
%1.21V2
12-
1
ll-j.9
$1.37»/2
12-
1
11-19
12-
1
11-19
11-15
\ [
Murphy (G. C.) Co.
12-14
Murray
2-
1
1-15
51-73
Muskeag
Corp.
Extra
——
$$1.75
4-1-46
2-22
preferred
Steam Cotton*(new)
$1.05
Corporation
preferred
12-1
11-27
Owens-Illinois
1
11-10
Ox
Fibre
10-31
1-5-46
12-15
&
12-12
ft 12-12
ft 11-10
12- 1
150
11-10
Oxford
Pacific
Fire
Pacific
Gas
$$l
12-15
11-15
11-15
preferred (quar.)
preferred (quar.)
Pacific Lighting Corp., common
75c
11-15
20c
12-
preferred
Insurance
Electric,
25c
11-30
11-17
12-10
11-16
"
$5.50
^'
12-
lc
3
(
3
11-15
11-15
preferred
11-15 '
12-10
:11-
5
11-19
(accum.)
12-15
11-15
I2" *
"-W
$1.40
> 12-20
11-21
12-20
11-21
11-23
—
; 12- 1
11-19
$1.40 class A
$l
'
$1
*
ft/
75c
12- 1
.
- 12- 1
;
11-19
^ 11-20
50c
.
ft
12-4
11-20v
40c
11-16
11- 6
Ltd.,
11-15
v10-31
10-20
75c
12-
ftft 10c
11- 7
11-
11-14
*
25C
12-
1
12-
1
12-
1
$1.37%
$$1
ft 12-15
$$1.75
ft
ft'
ft
$3
1
8
;
11-20
i
11-20
11-20
'
11-30
11-30
12-15
12-
10-31
11-30
7
25C
(quar.)*—*
B
12-20
$5c
,
11-16
50 c
:i
common
10-31
11-15
(quag.).
;
11-17
20c
11-15
10-26
50c
12-10
10-31
12-15
50c
(quar.)
11-15
2-15-46
2- 8
$75c
11-15
10-15
3-15
11-
B
ft'ftftftftft.
(quar.)
Peoples Gas Light St Coke
*
4-1-46
35c
35c
—.
1-2-46
50c
—
(quar.)
preferred
11-15
11- 5
11-15
31 (4c
Corp
Pennsylvania Electric Co.—
4.40%
1
11-14
.•
34%c
—*****
Common
Penmans,
1
10-30
11-19
12-
$1.75
$1.25
37 (4 c
(quar.)
(quar.)
class A (quar.)
11-
11-15
11-26
>.
25c
(quar.)—
Common
(quar.)*.
1
35c
,-j
pfd.
Manufacturing Co., Ltd., com. (quar.)*
preferred (quar.)
——
Peabody Coal Co., 6% preferred (accum.)—*
Peninsular Grinding Wheel Co. (year-end)Pennroad
Corporation
(irreg.)
Peninsular Telephone Company— •<
25c
3
11-
10-15
6%
7%
I*-™
v
11-15
Paton
12-
11-
1
40c
*
Common
12-
10-16
ftft
Porcupine Mines, Ltd. (interim).—*
Panhandle Producing & Refining
Parkersburg Rig St Reel, common (year-end)
'
10-31
11-15
Pamour
10-25
11-10
,10-31
$25c
(quar.)
5%
11-15
11-10
$$1.75
5(4%
12-15
$1.50 "
12-15
50c
11-i*
12-19
10-26
4
50c* .1 11-15
$$3
(quar,)—**
*
11-10
1- 2
12-28
(
12-15
11-27
Co
1
62y2c 4
2
11-30
$1.50
1
Oil
11-19
{
11-15
(irreg.)
1
Western
12-15
25c
-
1
*
Paper Co., $5
,11- 2
!
$$1.75 ft 12-1
*
(year-end)
Mfg. Co.
Glass
11-10
:
30c
*—
12-
Pacific
11-26
1-1-46
50c
Brush
&
;>•
1-1-46
*
12-
30c
35c I
62 (4 c
$1.50
••
593/«C
12-
11-19
10-31
12-15
(quar.)
Marine
12-
11- lv
11-27
11-27
(quar.)**.*
common
(quar.)
preferred
Outboard
1
"•rV"
1-5-46
(quar.)
Otis Elevator Co., common
6%
10-30
11-15
ftft 1$25c ft
——
11-23
4%%
2-22
11-14
11-16 '
12-14
25c ft:
11-23
11-23
12-10
m
25c
.
12-10
11-15
11-10
50c
(quar.)
$$1.75
—r
$2.50
11-10
11-15
12 % eft
11-19
1-1-46
12-15
1-15
11-15
12-14
1$1.75
4-1-46
11-15
ft 2-
96 (4 c
preferred (quar.)
Compp.ny-
Oklahoma Natural Gas
ft
i
11-, 9 ft
r
lift'1 Hi*
v-
ft*—.
Ontario & Quebec Ry. (s-a)
Ontario Steel Products, common
ft—
(year-end)
12-;lft
1
Oliver
;
(quar.)
of America
11-19
800
$1.25
2
11-16
30c
$4 Preferred B (Quar.)—*—*
$1.50
12-
12-15
$30c
A
,11- 9
ftftl-
j$l
5&c
Ltd
Line, Inc., $4. preferred
11- 5
11-10
$1.75
11-16
lc ft
30c
11-26
$1.50
5
87 %C
$2.25
*
11- 5 ft
-ftft'ft-
il- 0
Machine
11-26
7% pfd. (quar.)
pfd. (quar.)
12-18
75c
12c
•
37 %c
(quar.)
Rubber Co.,
11-30
(quar.)__„
11- 5 *i
11- 5 ft
«*;*,
*
$1.25
J2c
34^0
-11- 5
11-
Oil
7%
.>■11*. 5
11-26
50C
common
Corp., 60c conv.
Ogilvle Flour Mills, common
11- 3
11- 5
11-26 ;
■
Co.,
Nu-Enamel
$1.62,/2
11- 5
11-26 ft-11-' 5
*
(quar.)
Norwalk Tire ds
7%
ft
11-26
11-26
*
$2
47 preferred ^uar->
1
Leather
12-
Ohio
11-26 ft 11- 5
<
■{
(quarjftft—^i**********.**^*..
$1.25
Mountain producers Corp. (s-a)
2
*
preferred
preferred
7%
5
11-26
National
Life Insurance
Northwestern Public Service Co.—
6%
11- 5
23c
Northwestern
12-15
11-5
11-26 ^
11-26ft
i
ft
Northwest Bancorporation
Northwestern
12-15
11-26 ft
11-
11- 5
-
A
11-15
1-12-46
5
11- 5
>
25c
class
11-1
$1
11-
11-26
110,
-
*
'(accum.)
Aircraft,
12-15
7»/2c
11-5
11-26
ft 11- 5 n
■
1
12-
.11-26
ft 11-26 ft
■
11-26
(quar.)
(quar.)
12-15
$1.25
Mullins Manufacturing Corp.—
1-
-
11-5
11-26
"ft
,**.—***
preferred
Northrop
Class
11-5
11- 5
11-26
$1.09
*A
$2.25
1215
12-
5V2 %
12-15
12-15
$1.75
(year-end)
11
50c
;
North American, Investment
Corp.—
6%
preferred
(accum.)
11-15
$$1.25 -1-1-46
4l"is
"9
(quar.)___
Noranda
2
11-26
11-26
11-26
.
»***.l#
*
Nonqultt Mills
$$1.25
12-24
11
*
Norfolk & Western Railway Co., com.
1
ft
11- 5
25c
class A (quar.)***
12-3
2
11-, 5
ft
,22c
—**********
12- 5
1-
a-
11-26
ftft,. J6C
m 22c
*****
11-15
-
^
,ft 11-26
$30
1
1-
37'/2c
(irreg.)**
(quar.)
Mines,'- Ltd.
5
70
v
Hundred Corp.,
B
-ftll-
11-26
lie1
***.,**,*i,.^-
12-15
$1.50
Supply Co
12-
Shipbuilding—
preferred
i
55c
(s-a)
*_»ft*ft**
Participating stock (s-a)
ft
Newport News Shipbuilding & Dry. Dock Co. '-
Nineteen
11-5
34c-.
Founders shares
Class
__—
Hotel,
10-31
25%
(s-a)
&
11-15
5ft
11-
4c
Common •' ftft-ft*_»ftftftift_»**,
$L75
5 ft.
11-26
210
•.*******************************
12- 1
11-
:
11-26
100
-
—*
*****
pfd.
•",/
ft,-
Shares
12- 1
12-
11.- 5
11-26
110
780
*********
30c
com.
(s-a)
A
Extra
Speculative
5
25c
11-26
!
5 ft'"
ft 11-
210
Fund
5
$1.50
11-26
280
**ft.****
Investment
12-
$1,50
11-$
290,
,
ft;
12-
1-1-46
5
11-26
49c
***_
25c
$91
5
11-
21C
'ftft-ft***ft*ft__-__*ft_
New York
1
5ft
11-26
11c
*ft*ftftft**ft**.**ftft****;i
11-
2
»■
11-
140
series—
12- 3
1-
11-26
lie
12-14
12-
5
11-
24c :ft 11-26
**ft,;
11-15
25b
b
ft; 11-
11-26
'
lilt
15c
9TV2C
11-
11-26
13c
-
*****—.
15c
$l,62»/2
11-26
29c
-
Industry series
$1.50
12-12
1
30o
*
Industry
ft***
11-15
*
Quarterly
' Extra ft™—XJSk
Munson
Equip.
Diversified
12-15
5
12c
«
12-
2
11-
9c
Industry series
Extra '-**-j**-i------»**-***»*i**Mift*ft"
"-
5
11-26 ft'l'llft.rS
11-26
130
*
Steel
12-1
12-
1-
11-
470
-
*
*
ft*
ft-Ift
-Extra
2
' 12- 1
1
12-24
20
Railroad
Extra.'
(quar,)
11-24
f J--
v
1-15
12-17
11-26
3c
series
Railroad series *__»___!
ft Extra -ft*ft*
1
11-
12- 4
11-15
(quar.)
Motor Finance Corp.
(quar.)**^
:_**_*LH_
Motor Wheel Corp. (quar.)***
1
Mount Diablo Oil Mining & Develop. Co.—
Royal
2
$
5 ft
26c
*ft
-*******
37J/2c
*
11-15
11-1
1
1-
5
11-
11-
200
*
Extra
11-15
(quar.)**
conv.
(quar.)
preferred (quar.)
Moody's Investors Service, Inc.—
$3 partic. preference (quar.)
Morgan Engineering, common
Prior preferred (quar.)
11-20
12-
12-15
11-
11-26
11-26
6c
,
;*_ft.*ft
12-1
C (s-a)
Montreal Cottons, Ltd.,
'
' 11-15
62'/2c
5V2%
preferred B
87%C
75c
$2.50
1
1r;rl
ft Extra .ft***
Oil Industry series
ft Extra ft***
*ft*_
Public Utility Industry series
-'11-28
I
10c
■
••
Metal series
12-1
$4 preferred
10-15
—«
—ft,
series
ft' Extra
$1.50
(quar.)
Co.,
11-15
„*„*
U- 0
11-26
.'-ftft
$1.37'/2
(quar.)
(quar.)—*
40c
(quar.)*—
Kroger Grocery & Baking, common
6<fr 1st preferred (quar.)
;";.77c
(quar.)*.
common
Moneta Porcupine Mines
1
12- I
ft*-^*,-**^.***,****^^**.*^;,***.^'..4
•
Industry
15c
Service*
2
12-12
Kress
B
(quar.)
1-
12-
1
$1.25 >
Hart,
11-15
11- 3
12-
10c
(initial/
(quar.)
1940
12-3
12-15
11-15
************
30c
2
11-15
1
9c
series
...
Extra
11-15
,$1
r
(irreg.)
Corp. of California—
1-
6%
1
35c
(Robert) Co., Ltd.—
Carpet Mills, Ipc. (quar.)*
!___
Monarch Knitting Co., Ltd., 7% pref. (quar.)
7% preference (quar.)
5%
.ft.
^
Merchandising series
11-20
12-
t55VaC?
common (quar.)
Mohawk
3
11-
12-
ftftft
Machinery Industry series
12-24
11-30
11-30
11-20
****iftu*ft-,*,' ft-'i' ;<
Stock
Extra 'ft-*'
i.
11-1
2
433/4cft' 11-30
Mitchell
12-
1-
933/4q
*
11-27
11-10
11-15
12-15
11-15
i:Extra ft****
11-10
1
$7
Missouri
1-18
1
12-
42>/2c
(quar.)*—*.—*****
(quar.)
Petroleum Corp.
(irreg.)*
Public
Food
5
11-20
11-30
16c
■
Extra
.
11-24
12-
11-
1
-
•
11-24
8
12-
62C
10c
Inc.
series
preferred
12-6
12-20
8
12-
11-16
12-15
$1.27Ya
**********
1L-26
6
12-
•11-10
12-10
Extra
11-10
11-15
$1
Minneapolis-Moline Power Implement—
$6.50 conv. preferred (accum.)*
Mission Corporation (irregular)
j.1-25
11-30
87'/2c
(quar.)
(irreg.)
12-
1
12-15
12-20
2-
6%
5
11-25
11-20
1
$2
Chemical Industry 'series
__i_*
Extra ft-ft—**ift«*ftft__>**-**_******i*«-ft
Electrical Equip, Industry series**
il-15
8
1
12-
25C
Business vEquip.Industr y. $eries****«i£^ftft;-ft#
11-17
25c
11-
12-
25c
-:ftftft*._i!ft.*ft**.
Industry series —*ft**ii.«
Extra
'
10-31
11-26
11-30
25c
i5C
(quar.)*—**—*-
Co.
12-15
Industry
ftift
Insurance
;*—*
Inc., $1 prior pfd.
Minneapolis Gas Light Co.—
5%
preferred (quar.)
$5-10 1st preferred (quar.)
5 Va %
preferred (quar.)—
li-10
12-15
11-16
1
II-15
50c
Building Supply Industry series
12-15
25c
2»/«C
-**-*
preferred
1
12-
Extra
10-31
25c
Participating
Miller &
»c
(D.
Special
11-15
2
f25c
*
A
7%
-*——
(
11-16
1
1-
12'
40c
Automobile Industry series
11-5
12-15
10-31
60c
Aviation
11-15 .ft 10-16
$3
Oil
12-20
Emil) & Co., Inc. (quar,)*
Stock dividend
Knickerbocker
Fund
(quar.)
Klein
**f,
37 4c
1
12-10
'/4c
Co., common (quar.)
preferred (s-a)_i—
8%
12-14
12-20
12-
12-
11-17
11-15
10-31
53 (4 c
ft:,Extra,;*Aft**-*ft****«.*^fti*:**^ft—
preferred
preferred
Mid-Continent
11-5*
30c
2&c
$1.25
15c
25c
—
(quar.)
common
11-15
$1.25
$1
25p
30c
50c
$1-50
+4c
(quar.)—
(quar.)—
preferred
Midwest
International Rys.
1
12-29
11-15
11-15
'
series
Bank Stock series
(quar.)
6%
11-9
12-
Dist.
—ft
-
10-31
9c
3c
$1
1-5
Messenger Corp.
Metropolitan Edison 3.9% pfd. (quar.)***.
Metropolitan Paving Brick, 7% preferred*
Michigan Public Service, common (quar.)—
$6 junior preferred (quar.)
5
,150 ft 11-15
-
ft*ft -
11-1
preferred
6%
International Harvester, 7% pfd. (quar.)—_
International Match Realization Co., Ltd.—
11-20
50c
pfd. (quar.)
Merchants Bank of New York
(stock div.)
Merritt-Chapman & Scott Corp,—
•
67z7o preferred (quar.)
10-31
11-30
30c
$1.75
.—
11-30
25c
——
12-15
J 25C
12-22
(quar.)
Mercantile Stores Co., Inc., 17o
11-13
1
$1.25
Inc.,
series
Co.,
preferred
12-1
International, Educational Publishing—
'$3.50
Frank
11-15
12-
12-
$1.75
*
shares
Corp.
&
11-15
$1.50
Securities, Ltd.—
^AviationGrouiJ shares—:
11-19
11-26
26c.
b
--Extra'
•
'
1
11- 5
11-20
"
series
1
1
1
Extra
Co.—
(quar.).
preferred
12-10
12-
12-
12-15
$1.75
—_***,ft
12-13
—.i****
12-
$1.50
1
25c
Natural Gas
Mercantile Acceptance
3-1
$1.12%
ftftft
Agricultural Industry
11-19
•>'
New York State-Electric & Gas
Corp.—
5.10% preferred (quar.)***
New York Stocks, Inc.—
,
ft
<
*
6*
10-22*
ftft 25c •*•!; • i- 2
*
(irreg,)
11-
■
1
•ft 12-10
ft $1.25
11- 3
12-
12-
35c
15c
(quar,)**
10-31
12-10
$1.07
**.#
11-15
(quar.)
Robbins,
12-
3-9-46
12-1
25c
Telephone Co.,
preferred (s-a)
Meier
11-15
20C
Corp.—
1-2-46
(quar.)
common
Memphis
Institutional
Inter national
&
$6 preferred
11-13
12-
12-10
12-10
ft
88c
Garden
Meadville
9-21
12-31
11*15
12-31
(quar.)
-Lftftftft**A.L*ft****_**_—*_*_**_ft*rt''
preferred (quar.)I*
11-13
t$TU
$5.50
11- 5
10-31*
$1
25c
:—*«***
$1.62V2
(quar.)
i
Extra
10-25
1
11-20
1
$1.50
(quar.)
Co.
(quar.)
Bonding & Insurance
30c
$1.62%
$1.62%
—
pfd. (accum.)—
preferred (accum.)
Ingersoll-Rand Co.
Steel
Co.
Paper
Company,
25c
(quar.))
Corp.,
12-
3%
$10c
(quar.)
6%
Inland
&
Square
preferred
5 '/c
Indiana Steel Products, common
Industrial
11-20
$2
25c
(quar,)
preferred (accum.)
Zinc Co. (quar.)—
Imperial Chemical Industries, Ltd.—
■v
Ordinary shares (interim)
12-20
12-30
12-
12V2c
Mead
*
12-21
25c
(s-a)
McKinney Manufacturing Co.
57° conv". preferred
(quar.)
Corp., common
5
;:ft.
5
ft $1.75
^
'
Company
Alcohol
Extra
11-16
12-
New Jersey Zinc Co.
(irreg.)—*
ftft
New York Air Brake Co.
(quar.)**
11-16
$1.25
Department Stores common
$3.75
preferred (quar.)
McCiatchy Newspapers, 7% pfd. (quar.)
Mclntyre Porcupine Mines, Ltd. (quar.)
10-11
12-31
12-10
loc
May
11-'6
12-10
12-
12-20
—
Matthiessen & Hegeler Zinc—
7% preferred (accum.)*
11-9
25c
*
preferred
8
ftftftft.-ft
Neptune Meter Co., 8%
-
11-20
12c
(accum.)*
Massachusetts Plate Glass Insur.
1
9
11-
*
McKesson
Illinois
Tobacco
'11-30
6
11-6
12-22 -ft
;
1/4C
Consolidated
12-13
••►«.,
Illinois Power, 5%
Imperial
1-2-46
(quar.)
11-10
$2.50
10c
37 %c
—
Co.
$2
11-
25c
pfd.
1
$2,916
preferred A
BJ
(quar.)
Idaho Power Co.-
Co.
2
12-
11-
1
Naumkeag Steam Cotton (iniital)
Neiman-Marcus 5% preferred
(quar.)_____*
Neisner Bros., Inc.
(quar.) —*_**«*_**—**
Extra ■
,
11-6 ft
1
12-
12-1
——*
Power
Extra
Huttig Sash & Door Co.—
preferred
RR.
1-
25c
(increased)
6
1
12-
11-13
35c
Manhattan Shirt Co.
11-20
11-15
12-1
(quar.)
12-
35c
A—
•4(4%
11-
12-
i5c
11-30
;
National Terminals
Corp.*
Natomas
11- 6
1 A
$1
20c
class
J
-11-14 ft
lv
12-
Securities
11-20
15c
*__l*^ftft-^rfftiifti*ftftft«;vftftfti*
-Selectede Group series
National Tea
Co., common
2-1-461-15 ft
f25c
—.J
M.
3
&
3
$1.75
*
.
ll-3 ft
11-30
12-
National Research
11-
ll-_7
1
'
National Gypsum $4.50 preferred
(quar.)™
National Lead Co., 7% preferred A
(quar.)*
National Linen Service Corp.
(quar.)
11-13 ft
11-
if
,12-
$l.l2»/2
(quar.)
$1.25
,
Peanut
&
Massachusetts
$2.50
•'$1.50 preferred (quar.)
Hussmanh-Ligonier Co., $2.25
(Tom)
pfd.
Magazine Repeating Razor
Common (quar.)
$5 preferred (quar.)
11- 2
12-28
Humble Oil & Refining (quar.)
Hummel-Ross Fibre Corp.—
Huston
M.
Macmillan
11-21
11-28
.
Corp.
&
«
11-15 *
50c
25c
(quar.)
Company, 6J/2%
Extra
5
(quar.)__—
common
Corp.,
15c
1
$25c
8%
Maclaren
40c
(quar.)
Hershey
Co.,
Mackintosh-Hemphill
5
$1.06(4
(quar.)—
common
(year-end)
$% preferred '
J.
Madison
preferred (quar.)—.
Hardart Co. (N. Y.)—
Common
11-13
tl2'/2c
11-15
&
Houdaille
1
Lynch
Inc.—•
(quar.)
A.)
Stock .4 series
12-
(quar.)* !;,
(increased)
Preferred series
11-13 S
/•
50c
(increased)*
com.
Corp.
12-
12-20
»'
'
12-
12-17
25c
preferred
Hormel
Horn
12-11
5%
&
Electrochemical,
$4.25
12-21
30c
:■
(quay,),—.
class A
Hooker
•
Inc.
11-13
1
(Phila.) (s-a)*_
Corp. (quar,).
Lynchburg & Abingdon Telegraph Co. (s-a)
11-20
15c
********_*_*_*_
II-30
15c
*,—
dividend
(Henry)
$1
<
&
15c
—
.——
(A.)
10
12-
Lumbermen's Insurance Co.
Hilo Electric Light, common
Hires
(Charles E.) Co. (quar.)
Hollander
12-
Common; (irreg.)
Hibbard
^
,.12-
75c
50c
(quar.)
class A (quar.)
Nashville
&
ft
I-2
■:
Cylinder Gas Co., common
4(4%
preferred
(quar.)
National Dairy Products
Corp.—
»
Lord & Taylor 6% 1st preferred
(quar.)**
Los Angeles Transit Lines, common
Louisville
Co;,'Inc.;
11- 4 ft
i
Lunkcnheimer
11-5
11-16
$1
*
(year-end)*^
(quar.)
Container
11-1
20c
Extra
11-16
(quar.)*—ft
National
10-15
A11-15-
Casket
preferred
11-
;
participating preferred
11-26
$7
National
lit
(quar.).
A
*
11-16
1
rTl2-5?
$1
1
National
<
1-1U 12-15
tl2VaC
Pipe
i2-
32c
^
12-
(quar.)_*__
12-10
$1.25
common
(quar.)
i
12-15
11-15.
*
Star Gas Co. (year-end)
Long Bell Lumber (Md.), class A
Long Bell Lumber (Mo. 1
Longhorn Portland Cement Co.—
'57o
12-15
12-1
Lone
10-25
(quar.)
''
12-14*
2
11-15
$1
common
A
I-
B
Lock Joint
Monthly
Monthly
11-15
12-21
25c
Extra—-
50c
i
$1.10
.
•
$50c
.-
preferred
1
25c
—
(quar.)
(quar.).
Loblaw Groceterias,
Extra
,
Co.
50c
$1.75
.-'A
._*ft.# ft .
-ft,
Automotive Fibres, Inc
6% convertible preferred (quar,)
National Biscuit Co., 7% preferred
9
Corp.
Liquid
4,/a%
Acme
12-
12-28
Ry. Co.*
National
I
i
75c
(quar.).*__
Carbonic Corp,;com.
11-
1-1
50c
Co
National
.
11-15
$1.50
pfd. Class C
Louis
of Rec.
12-
ft $1.50
ft,,;*'
j
*_J
Chattanooga & St.
Holdert
••ft-ftft:
.
**n
(quar.)
11-
(quar.)_*0—
Belt
1
Mills
50c
,ft*«,
o[ America—
Nashua Manufacturing Co., 7%
11-15
11-20
;
Co.
Payable
...
*
(quftr.l—
12-1
end)
com.
Nashawena
,
11- 5
S
Chemical
preferred
Nashville
12-31
^
$2c
Lindsay Light & Chemical Co
Lionel
$3a
50c
:
B
6%
$1.12V2
Extra
Link
•
9
50c
-
(quar.)
Extra
1
12-10
(year
Mutual
10-31
l
12-
62'/ac
Liggett, & Myers Tobacco Co.,
11-15
11-30
(quar.)
Corp.
J'.
.
l
11-30
50c
Navigation
Mines, Ltd. (quar.)
Savers
11-8
Powder 6%
preferred (quar:)—
Chocolate Corp., common (qur)—
Hercules
Life
1
50c
Hayes Steel Products, Ltd. (interim)
Hazel-Atlas Glass Co. (quar.)—
4%
1
12-
*
11-15
25c
*
-----
———1——^—
(M. A.)
4%
12-
■,
Co., $4.25 preferred (quar.)_
Havana Elec.. & Util. 6%
1st pfd. (accum.)_
Hawaiian Pineapple (irreg.)————
$4
11-14
11-19
11-
1
L 10c U') 1- 1
Common (quar.)
Liberty Aircraft Products Corp.
11-16
1
-/
,ft
When
Share
ft
Comvany
a-:j:.la-'l National Cash
Register
Lehigh Coal &
Gold
11-19
12- 1
7
$20c
*—
Le Tourneau (R. G.)'$4.50 preferred
Leitch
11-12
1
12-
,
(quar.)
common
preferred
I
5
11-15
....
'
11-16
12-10
Co.,
(Va.)—
r
2-13
12-10
$2.50
; 11- 1
12-
12-
20c
(s-a)
Extra
12-12
12-
preferred
Leath &
*
11-15
2
75c
50c
,*
—
Glass B <quar.)_jl——
Extra
1
I-
$1
end)—
(year
common
convertible preferred (quar.)
Oil Co., class A (quar.)
Extra,
5
$22%c
(quar. )—_
Hancock
•
6%
9
J 15c
$1.12%
?5c
^
preferred
——r-.
Co.,
Co.,
11-5
62%c
Common; (quar.)
Name of
Muskegon Motor Specialties—
$2 classs A (quar.):
ft,
Muskogee Co., <• 6% preferred
11- I
25c
— —
Lawyers- Title Insurance 'Corp.
10-30 '/
.*'.—
25c
'—75c
10c
(quar.)
(irreg.)
——.t
Go.
5
(quar.)
1
25o
Lane Bryant, Inc.
Lanston Monotype Machine Co. (initial)....
Laura Secord Candy Shops, Ltd.
(quar.)*.
12-
,
Inc.
Per
of Reo,.
11-
-5c
;
.
(quar.).*..
1
3-1-46
12-
■
—$3
8
11-
12-
'
^—
11-
11-15
1—.—25c
**_.*
Co.
Extra
^
(S% preferred"(s-a)*i.
Landis Machine Co., common
12-
1
12-10
$2.50
25c
(s-a)___—
Co.
Stores,
Brothers
12-
'
12-17
343/sc
34%c
(quar.)
*--*,-
Water
Corp.
12-15
;
11-15
25c
RR. $5 preferred——
common
*___*
Hackensack
;
$.1.50
75c
Co., common.
t%'A* convertible.preferred (quar.)....—% % convertible preferred (quar.)
Gijlf Mobile & Ohiq
12-15
50c
&
Griesedieck
2309
Holier*
,
,
Commonf (guar.);
$30c
:7% preferred (quar.)—t$1.75
La Luz Mines, Ltd.—*—
$22c
Lamston (M. H.) IncM common—
v100
.
-
11-20 v
llr45
12-15
Gorham Manufacturing Co. (quar.)
Gossard (H. W.) Co. (year end)
Grand Union Cd._—_-_
;-t*LllI*.———
[\
•
,
Ill- L
,
12-12
.
convertible
Payable
Lake of the Woods Milling Co., Ltd.—
11- 5
11-15
Brewing Co. <qhar.)l-r_^l-___I-»^^ •>;/.5c,
Goodall-Saiiford, Inc.' (quaf.)*l-*_-_*«;**,-*37 %c
Goodyear Tire & Rubber Co., common..**'**..
,
50c
$5
When
Share
Name of Comvanv
11-S
,
11-15
Gqebel
*
of Rec.
11-15
(interim)——-
com.
per
11-15
$1.50* preferred (quarp-*>*.-*-—**_-*-**
">•'$1' preferred "(quar.
AAAA
General Steel Castings, $6 pfd. (accum.)
.
Boiaert
*—**..*
(quar.).
$1.10
$1
12-
1
1-15
11-
1
12-20
.
Vi „ ,,, ,,
:t-r
Vi;vii;>
"::■ ■
,■■■'■
-
Tumcw^
::£
•
■•
■
>■•.
,r';
•
;v..v
Brewing Co.—
Philadelphia Co., $6 preference (quar.)™..
Pfeiffer
(quar.)
preferred
er
1
11-20
12-
1
11- « r.
11-12"
Standard
11-12°
Standard
1
(quar.)
—
1
11- 2
12- 6
10-11
Standard Oil
12-
1
12-
12-
50C
2%%
(interim >
Extra
10c
II-20
11-19
11-1
"10c
11-20
11-s i <<(
Standard
11-20*
B (irregular)
Standard Wholesale Phospate St Acid
15c
Piper Aircraft 60c. convertible pfd. (quar.)—
Pitney-Bowes Postage Meter Co. (quar.)-—
Standard
r.
Silica
Stoker
Corp
Chemical
Pittsburgh Coke &
'
Co.—
preferred (quar,)P ; Pittsburgh Steel Co., 5%% pftf.
Plymouth Oil Co. (quar.)
| h1 Stock dividend
$5
»,
(accum.)
—
'
12-
1
12-
1'
11-15
35c
12-
1
11-15
$1.37%
12-
1
11-15
Sterling Drug,
$1.50
12-
1
11- 15
Stewart-Warner
JS1.50
1-15
12-20
1-15
12-20
15c
II-15
Stokely-Van Camp 5% prior pref.
Stowell (S.) Co., Ltd., class A
„
6% non-cum. partic. preferred (quar.)___
Princess Shops, 60c preferred (quar.)——
& Gamble Co. (quar.)
frihceton Water Co. (quar,).
of Colorado—
preferred (monthly.)
preferred (monthly)
preferred (monthly) -—
prelerred (monthly)preferred (monthly)—
Public Service Co.
1
7%
6%
*
6%
5%
preferred
5%
f,cc
*i <j»c
41/ac
$5
(quar.).
12-15
Sullivan
1
11-15
Sun
% Reglna
11-15
$2
11-15
$1.25
y
(quar. "interim)
(quar, interim)
Rheem Manufacturing—
Common
12-31
11-30
Ban-
Common
A
■
Scott
11-21
Thompson
11-
8
10-11
Toburn
1
11-
11-15
12-28
12-18
$5
11-26
Aircraft
1
11-24
5%
convertible
11-24
United
1
12-12
5%
Trust
11-15
11-
45c
12-13
:#,i 5%
'
<H.J
Simon
V.:;-
$1
2-1-46
1-18*
$1.12 V2
2-1-46
1%
1-18*
5% v
5% i
Sixth
Co—:——
30c
11-19
il- 5
25c
12-10
11-10
United
12-10
11-10
U. S.
U. S.
international investment
410c
1212-
1
—
& Power (quar.)
(interim)--——
11-26
$3c
12-21
10-30
(quar.)
75c
11-15
10-31
11-15
Mines
Manufacturing
South
1
11-17
430c
Southam
Co.,
(irreg.)
50c
5%
;
-
"
10-31;
11-15
j
11- 1
12'/aC
(year-end)
11-15 m 10-31
12-21 A 11-23 it
Works.,
4S1.50
(quar.)^._,—^
3-1-46
4
i'; 2-15
1- 7
11-15
$1.25
12-15
11-15
11-15
11-
Co
1
X
Quarterly,
com.
(quar.)
25c
Spencer Kellogg Sc Sons, Inc.,—
(E. R.) & Sons
$4 preferred (quar.) •
Standard Brands,
'
•—
^$4.50: preferred
(quar.)-—
.12-15
.,
.;-T 50c
' '40c
_•—-•-='*:
:
11-15
11-
1
11-15
11-
1
12-10.
12-12
20c
12-15
r "l2-15 #
$1.12y2 1 12-15
5%
12-
Extra.
12-1
12'U-28
11-15
11-15
1
1-
5
,
$4
as
1956-65
Debentures
$792,000
Peabody & Co
Dillon & Co
12-15
11-30
Kidder,-
11-30
Eastman,
12-
1
Salomon
11-15
11-
8
Union
11-15
11-
8
White, Weld & Co.
Lee Higginson Corp
11-15
10-31:
11-15
10-31
792,000
Hutzler
&
Bros.
Securities
—
Corp
.
12-
612,000
1,088,000
612,000
1,088,000
522,000
928,000
Paine, Webber, Jackson
Spencer Trask & Co
Laurence
&
12-
1
11-16
1
11-16
Putnam
11-15
10-15
E.
12-10
11-24
Dean
&
360,000
&
Clark &
Witter
11-13
11-
12-15
2
Butcher
58 %C
\
12*. 1
1-2-46
—V.
11-15
f
12-15
11-15
12-15
1
11-15
1-2-46
12-15
1-2-46
3-15
12-
50c
50c
-
12-15
Net
160,000
90,000
Inc.—
Co.,
2186.
160.000
ry.
Net
from
ry.
—V.
12-
1
12-
1
11-19
12-15
11-15
10c
11-15
railway
income.—
oper.
82,586,125
26.50C.640
111,567,497 115,598.261 106,408,452
27,882,929
37,319,172
41,077,125
18,599,747
16,690,862
23,497,616
railway
18,100,205
11-15
30c
income
oper.
from
Net
60c
1942
1945
1944
1943
$13,499,501 $13,731,656 $14,000,728 $11,886,321
4,203,839
4,684.065
6,352,117
5.223 737
3,332,117
3,843,055
2,293,716
3,460,040
railway
From Jan. 1—
Gross
1
50c
22'/2c
10-31
12-
1
11-15
1-
2
12l?15
50c
62V2c
50c
11-15
11-10
$1
12-10
11-
9
11-20
11-
2
12- 5
11-15
1
11-20
25C
12-
$1.50
75c
11-21
11-
5
62% C
12-11
12-
3
amended
the
25C
12-
1
7
62 %c
11-
75c
11-16
1
12-
9
12-23
1-2-46
12-10
12-
$1
11-15
11- 3
•V-'
Electric
7-15
-
1
12-20
12-10
1-10;
1-19
11-
12-10
12-15
11
12-
1
7
-r
In
•
-•
week last
»
llrl7
A
:
of this company for the "week ended Nov.
kwh., as compared with 43,453,000 kwh.,
year,
an
3, 1945,
for the
162, p. 2186.
A'A
increase of 5.1%.—V.
v'-: ;
•
statement, Croil Hunter, Fresident
his
closed
;
10-19
-
c#
that
the
$2,024,210." ''
company's
>
'■
'■
surplus
''
at
the
''
■
and General Manager, dis¬
close of this period was
:'P'-'" iP l*-'.
• .7''
'
Acquisition of more airplanes during the year which enabled North¬
to inaugurate coast to coast service into .Detroit and New York,
and to resume passenger mail and express service into several'cities
as welt as to Increase service to virtually all cities on its system, sent
operation revenues up 57% over the previous fiscal year. -The report
revealed that passenger revenue reached an all time high of $7,972,423
west
12-12
11-15*
11-30
—„
(
A net profit of $727,714 after deduction of all taxes and reserves is
reported by the company for the fiscal year ended June 30. 1945. This
figure represents an increase of 41% over the net profits for the previ¬
ous fiscal year,
These earnings amount to $1.35 for each of the 539,070 shares of common capital stock outstanding at the end of the year.-
9
12-15
1-2-46
11-13
9
11
i
12-15
(quar.)
9
11-15
12-12
—--
,
Northwest Airlines, Inc.—Issues Report—
11-15
12-
company.
output
corresponding
1-15
4-15
8-1-46
the
45,687,000
:
5-1-46
the
approving the plan, the
annually $445,207 in its
totaled
2-1-46
Exchange
for
Weekly Output—
1
$1»75
Approves
(Del.)—SEC
Co.
of Company—
Commission ordered Minnesota to re¬
earned surplus account over a period
of 16% years from April 1. 1942, until a total of $7,457,220 has accu¬
mulated.
This sum will not be available at any time for dividends
on
any class of the company's stock.-.
k.,v
11-15
12-
and
followed
plan
action
Minnesota
In
tain
.
42 %c
Power
Commission approved finally Oct. 31
liquidation of the company.
filing by the company and its subsidiary,
Northern States Power Co. of Minnesota, of amendments suggested by
the Commission in its memorandum opinion on Oct. 12.
These would
reduce the stated value of the proposed common stock of Minnesota
from $6.75 to $6 a share, so as to create a pro forma capital surplus
of $6,162,171, which will be available for the disposition of all known
and probable maximum adjustments to the balance sheet accounts of
Securities
The
the
This
$1.75
States
Final Plan for Windup
12-15
1-
162, p. 1894.
Northern
10-31
1
\ 50c
11-15
.
11-30
11-15-
11-15
exceeding last year's total by 88%t
—
11-15
Engineering Co.
-L--
Mr. Hunter explained that service provided in the last year was-more
than in any previous period in the company's 19-year his¬
extensive
•••
< -
,
■ *-•
25c
(quar.)
$1
W^lnd'ec aU5rt ^p. (s-n,50c
tory, with three daily round trips between New York and the Pacific
Northwest,
an
additional two daily round trips between New York
7- >
'
»W».
Co., Inc.—
preferred
from
11-16
11-
160,000
90,000
September—
from railway
6-15
7-1-46
192,000
90,000
Inc
Co.,
&
Gross
Net
7 y2 %
256,000
.
Northern Pacific Ry.—Earnings—
12-15
4-1-46
12-
53c
320,000
108,000
&
p.
320,000
144,000
J
1
1-2-46
53c
11-15
(quar.)
162,
320,000
180,000
T
Sherrerd
&
480,000
180,000
,
Co
&
Emerich
Ames,
11-15
640,000
480,000
180,000
Sons
Co.,
& Co
Cruttenden
11- 2
11-13
;
270,000
Co
&
Co
&
640,000
360,000
Curtis
270,000
Marks
M.
Brown
W.
Inc
Burr,
640,000
360,000
Coffin
11-16
1
$1.25
Electric Co
1,408,000
1,408,000
1,088,000
792,000
Lynch, Pierce, Fenner & Beane
12-
,
1,408,000
612,000
S.
11-15
1
12-
58%C
-
1,408,000
792,000
792,000
Moseley & Co
Shields & Company
F.
Sills,! Minton
—
$1,£08,000
Merrill
50c
ADR
principal un¬
of debentures
follows:
1950-55
$1.25
Ltd.
Oil St Snowdrift
are
Debentures
12-15
.
convertible
Corporation and
11-10
$1.25
«i;conv,,' prelerred. <qu^r.)
Wesson
Canadian non-residents' tax.
debentures
by each,
12-10
—
WehtworthrManpfacturlng Co.—
,
11-15
for this dividend.
12-14
11-15
the
of
derwriters
underwritten
11-21
25c
.i—
preferred
50c
(quar.)
DEBENTURES—The names of the
and the principal amount
OF
PURCHASERS
$1.75
Playing
Wellman
12- 5
11-17
11-22
2
Participating units
5% preferred (s-a)
:
11-15
$1 ,2- 1-v.41-15
j*-
Incn common
(guar.)™-
f
$142V^! \ 42-15*
Spiegel, Inc* $4.W' conv,- preferred^uar.K^
Squibb
12- 1
$1.50
45c
;
Co.,
Washington Railway St
S
-
i-u
35c
:J5c.AA
20c
12 %c
(Continued from page 2276)
10-22
11-
Warren
"X
Life Insurance
Public Service,
11-22
Warner:/':&'VSwasey Co;
(S. D.) Co, (year-end)
Warren
Petroleum Corp
12-20
12-15
1
11-
11-15
25c
—
12-20
IOC
(qu.ar,)i.
(quar.)
)
1
Investmenl News
9
$1.75
$1 preferred (quar.)
Waltham Watch, 7% preferred
lac
15c
preferred
Gas
1-15-46 A
1
11-15
Walgreen Company (quar.)__™.™„_
Walker (Hiram) G* & W., common (quar.)
75c
.
common
11-
$1.25
10-19
1-18
11-15
40c
(increased)
Sparks Withington Co., 6% conv. pfd. (quar.)..
Extra
12-15
420c 2-15-46
Railway Co.,
-Southwestern
11-15
>
420c
..i.—s-—
Union
11-15
11-15 I
10-15
10-20
11-20
11-15
719c
37J/aO
-
11-15
11-29 A
37V2C
(quar.).
11-30
11-26
;
37V2C
Ltd.# (quar.).
non-cum.
.
30c
,i_,—
>
S
closed
General
25c
uanaaa
mines
Canada Mines
issit Metal ~
Upressit Metal Cap Corporation—
~
t
5% prior ' preferred (quar.)
•
' :
idium-Alloys Steel Co.
Vana
Vapor Car Heating, 7% preferred (quar.)
Virginia Coal & Iron Co. (quar.)
Virginian Railway—
6% j preferred (quar.)
6%
preferred (quar.)
6%
preferred (quar.)
Vogt Manufacturing Corp
Vulcan Detinning Co.; common—
7%
preferred (quar.).
Waite Amulet. Mines, Ltd.
(reduced)
'
-N
.
.
$1.50
Greyhound Lines
12-
11-15
tic
:r
Upper
4 10-23
11-15
22 >/2C
(quar.)_^_
common
participating preferred
Southwestern
«
10-30
not
12-15
20c
$2.50 preferred
(quar.)
Universal Insurance Co. (quar.)
y
10-30 A 10-23
.
(quar.hvyyi^A.«^--M-^iii--,
Southern
12-17
11-15
y 10-10
1
1
1
12-
4Payable in Canadian funds, tax deductible at the source.
Non*
tax, 15%; resident tax, 7%.
a Less British income tax.
10-31
12-31
(interim) —
Casualty Co., 45c conv., pfd. (s-a) —
Hoffman Machinery Corp. (irreg.)
Leather Co., 4% non cum. class A
Loan Society (Philadelphia) (s-a)—
S.
11-17
1212-
resident
Universal Laboratories, Inc.—
$1
—
(quar.)
.v
12-
>
133/4C,
Corp.-r
Common
Extra
11-12
$1.50
Common
,
10-15
(irreg.)
com.
Edison Co., Ltd.
fg»nr i
,
•
Southern Canada Power Co.t W£L-r
Southern
12-
11-15
11-23.
$1
ctfs.
preferred B
Southern
;
1
12-14
25c
25c
Southern California
6%
>
12-1
12-
S.
12-15
12-15
11-10
11-15
$1.12%
.
11-17
12-14
S.
1- 2
11-30
Jamaica income tax.
books
12-15
Card Co. (quar.)
U. S. Printing & Lithograph Co., common—
5% ? preferred
(quar.)
U. S. Rubber Reclaiming—
8% prior preferred (accum.)
U. S,V.' Steel Corp., common
7% preferred (quar.)
United Stockyards Corp. (year-end)
United Wallpaper, 6% prior pfd. (quar.)—
Universal Consolidated Oil Co. (irreg.)
U.
.
11-1
62V2c
(quar.)
Lathe
Bend
1
5c
Corp.
Pulp Co.,
preferred
1
12-
11-15
$1
+$1.75
Solvental Chemical Products, Inc.
Sonotone
12-
15c
A-55c. convertible prefeired
A/; 6%
.
5%
;
Ltd., common
partic.
11-10
12-31
(quar.)
Molasses
11-15
Julien Collins & Co
preferred
preferred
Extra '
10-19
6.% ."<>preferred rtquar.)
Solar Aircraft-Co. 50c conv>; pfd.
-Soundview
U.
422c
.
Solar
U.
12-12
1--2
Oil Co.—Agricultural Chemical,
Skelly,
Smitlf
1
11-12
11-
1
25c
—
$1.12'/2
B'way Bldg.
&
11-10
1
50c
(quar.)
(quar.)
5% preferred (quar.)
6
1
Castings—
Steel
1
12-
5
prior preferred (monthly)
6% prior preferred (monthly)
United Merchants Sc Manufacturers—
11-
preferred (quar.)
Oil Corp. (quar.)
12-
5
6%
12-
Sinclair
Sivyer
10-19
11-15
Railways—•
prior preferred (monthly)
7% prior preferred (monthly)
6.36% prior preferred (monthly)
6.36% prior preferred
(monthly)
11-15
it Sons,
1
12-
1%
11-30*
12- 1
1- 2
12- 1
37%c
$1.12%
$1.12%
common.
tPayable in 1J. S. funds, less 15%
11-
United Light &
5
50c
•Transfer
25c
11-30
12-15
preferred (quar.).
—
Steel Strapping, common^.
(stock dividend)
a—<
preferred (quar.)-
1
Alex.
12-15
11- 5
10-15*
$2.50
45c
1
25c
preferred (quar.)
United Gas Improvement Co. (irregular)
10c
Common
,
11-
11-
12-
1%
11-30
xLess 30%
11-15
1
11-15
11-15
J37C
25c
Signode
y?
12-
$1.25
11-
,
11-1
12-31
12- 1
12-20
12-15
12-15
40c
11-15*
11-30
15c
(quar.)
11-15
11-15
15c
450c
common._
Ltd
Co.,
Youngstown Sheet & Tube Co.
—
12-20
12-15
1
,.<■ 10-31
10-29
25c
12-30
——
Co.,- common
2
90c
(quar.)
12-15
25c
Sherwins-Williams
1-
of America—
12-31
preferred
Shawinigan'Water
Sherritt-Gordon
preferred
75c
—
11-15
Engineering & Foundry Co.—
5
12-
11-15
Co
$1.12%
12 V2c
—
1
Mines,
Machine
$1.50
United
—
10-15
2
1-
11-15
Co.,
(Rudolph)
50c
11-10
20c
preferred
$4.50
12-
$1.37'/a
17 y2c
(quar.) —
—
Inc., common (quar.)
Servel,
Ay
Wurlitzer
$1.37%
11-26
of Delaware _(quar.)_
Second Canadian
Wright-Hargreaves
11-15*
Electric Coal Cos
Roebuck, new common, ^initial quar.)
Sears
11-15°
1
—
Common
11-15
12-30
Manufacturing Co.—
prior preferred (initial s-at
5%
1
Ltd.—
$1.50 class A (quar.).
11-28
10-15
25c
Co.
$1.25
(quar.)
preferred
Corp.,
11-15
11-15
Worumbo
12-
Corp.—
Co.
Service
(F. W.)
12-
common
United
Co._—
Surety
Seaboard
Co.,
25c
—
11-23
United Corporations,
25c
Dillon
11-23
10c
11-28
(quar.)
Paper Company, common (quar.)—-
Scotten
12-15
12-15
25c
Extra
II-15
12-14
Biscuit
Common
I-1-15
1
2
87V2C
preferred (quar.)—
$4.50
preferred (quar.) —
11-15
pfd. (quar.)
12-14
■■■■■---———
(s-a)
11-25
25c
$4.50
United
15c
(quar.)
11-15
20c
15c
m
11-30
Public
Manufacturing
10-20
12-1
4$2.50
pfd.
Ltd. (quar.)
(quar.)
Worthington Pump & Machinery Corp., com.
4%%
prior preferred (quar.)
4%% conv. prior preferred (quar.)
.
40c
preferred (quar.)
preferred (quar.)
11-12
1-
5
11-
25c
preferred (quar.)
Tyer Rubber Co., common (s-a)
6% preferred (quar.)
Union Electric Co. of Missouri—
1
12-
Woods
Woolworth
1
7c
Electric Co., 5% non-cum.
Crampton Corp. (quar.)^_
Wisconsin
8
11-15
Corp.
12-15
$1.12M>
—
11-10
t3c
Truax-Traer
12-
Winnipeg
40c
Sy2%
tl5c
10-31
Yates-American
12-15
5
12-20
10c
11-10
11-
11-15
1
31%c
12-31
11-15
1
12-
$1.62'/2
11-25
1
12-
12-
(quar.)——
Troy & Greenbush RR. Assn. (s-a>
12-
2
11-10
Trinity Universal Insurance Co.
12-
2
11-
1-2-46
$1.50
Trans-Lux
7
12-
11-
1
1
(quar.)
7
•
1
—
12-
A
12-13
1
(quar.)—
12-
10-25
11-10
12-
25c
2
10-25
11-15
1
11-
25c
2
11-15
1
$1.25
75c
25c
25c
2
:
1-
11-15
1212-
4$1.12%
35c-
Wilbur-Such'ard Chocolate preferred (quar.)
Wilkes-Barre Lace Manufacturing Co.~Williams (J. B.) Co., common (quar.)
75c cumulative preferred
Wilsil, Ltd. (quar.)
$15
$3.60
common
Coal
(quar.)
(quar.)__
11-15
1-
Co
R.)
preferred
Corp.
Trust—
1-
t$1.50
25c
—
1st
$6
preferred
5%
Products
1
5c
Oil
Ltd.
Chlorine
11-13
10-29
50c
Mines, Ltd
Tank & Pump
Company,
Extra
11-1
$1.50
$1.25
—
Trane
1
fGeorge)
11-15
11-13
11-30
11-13
12-
—
(John
Gold
12-18
12-15
II-30
White
12-
interest
Manufacturing,
12-13
12-
Land
prop,
I-2-46
50c
25c
25c
37 %c
shares
11-15
Wall Board Corp.—
Seaboard Oil Co.
of
$1.25
common
11-10
75c
Thrifty Drug Stores, common (initial)
4»/2% preferred A (initial quar.)
Tide Water Associated Oil Co. (quar.)
11-30
12-15
«/a
25c
-
(quar.)
$4
A
Sub
-
$
.
(quar. 1
participating
$2
10-19
35c
35c
—
;yy>'iExtra i-Ai————'Zr
Schumacher
11-26
$1.12%
30c
25c
Arms Corp.—Company' (quar.)—
Savage
Ctfs.
1
12-27
25c
Pacific
11-30
1
11-
2-15-46 2- 1
12-
$1.50
Extra
Texas
1
11-
,.
Ban-Nap-Pak Manufacturing
Bchiff
12-10
30c
Remedial Loan Assn.
Francisco
1
25c
(quar.)
Shops
1-
12-15.
11- 1
11-15
$1.25
30c
$1.62%
(s-a)
11-1
Paper Co. <quar.)__
(S. S.) Dental Mfg. (quar.)__
$2
Co.
Weston
Winters &
(quar.)
Coal & Oil
Pacific
11-30
15c
—
A;Afyy
-
—
Saco-Lowell
Texas
25c
Iron & Steel Corp.. (quar.)
y' Extra
•
11- 9
60c
(quar.)
y Holland Paper Co., Ltd. com.
Ay $6 preferred (quar.)—
Ruppert (Jacob), common —
4% preferred (quar.)—
Rustless
1
50c
preferred D (quar.)
—-—
preferred series E (quar.)
5%
12-
$13.50
4%%
6%
Taylor & Fenn Co.
740c
preferred (initial quar.)(quar.)-—
Rochester Gas & Electric Corp.—
*
12-
Co
Tampa
10-24
Tokheim
A Common
•••>;
Electric
11-30
II-15
Thatcher
yA Class B
:■-<
11-28
Symington-Gould Corp.
Syracuse Transit Corp., common
Talon, Inc., 4% preferred (s-a),
tgyi
11-1
.
2-15-46 2-
$1.25
Whitaker
t75c
Oil Corp., 6% preferred
preferred (quar.)
Swift International Co., Ltd.—
Dep.
rtcs.
(quar.),
Sylvanite Gold Mines, Ltd. (quar.)
12-31
(quar.)
preferred
$4.50
Westvaco
11-30
25c
dividend
12-15
Corp.;x——*
Electric St Engineering
Republic Insurance (Texas)
Reynolds Spring Co.Reynolds (R. J.) Tobacco—
10-31
12-15
25c
12-15
Remington Rand, Inc., common
'
12-13
11-15
10%
$1.75
725c
J
12-29
2nd
4%
n
? 11* 1
Western Tablet St Stationery—
5%
preferred
(quae.)
Westinghou.se Air Brake
Westinghouse Electric Corp.,
11-30
jrtj
11-21
$1.25
;
•
■
11-15
75c
5
1
(quar.)
12-15
Reliance
;;
Co.
11-15
preferred (quar.)
non-cum.
Oil
10-10
25c
11-
37 %c
37Vfec
11-15
„e
5%
11-20
—
Co..
Machinery
Stock
,
—
(quar.)
Swan-Finch
Si.2b
11-10
25c
11-15
3Uc
5%
12- 1
25c
12-15
.
5
25c
12-15
Knitting Mills—
$1.60
■
10-25
11-15
An
11-
1
(s-a)
1-2-46
-
Common
10-20
.
1
-
y Regent
Corp.
50c
preferred
6% preferred (monthly)
6%
preferred (monthly)-.
v;
7% preferred (quar.)
8% preferred (quar.)
Public Service Electric & Gas Co.—
$5 preferred? (quar.)
7% preferred (quar.)
Puget Sound Power & Light.
P Pure OH Co., common
5% convertible preferred (quar.)
Quaker Oats, 6% preferred (quar.)
Quaker State Oil Refining (quar.)_
—
Quebec Power Co. (quar.)
Railway Equipment & Realty—
V>.'< 6% 1st preferred i-—
V:
The above payments clear all arrears.
Ramsey Accessories Mfg. Corp., 6% pfd
Reading Co., 4% 1st preferred (quar.)
11-15
v.
•
•
(quar,)___
preferred A (quar.)
preferred A (quar.)
40c
50c
of New Jersey—
(quar.)
Common
9
25c
$1.25
(monthly»_
11-15
12-
Studebaker Corp.
12-
11-15
12-12
15c
12-15
>12-
11-
12-12
30c
11-15
1
I-2-46
50c
12-10
$1.25
1
12-
11-15
11- 9
—
1-2-46
58 %C
Public Service Corp.
*
1
11-
11-15
58 %C
—
11-15
i
Preferred
Strawbridge & Clothier—. ...
7%
prior preferred A (quar.)___
Stromberg-Carlson Co., common (year-end)
6V»% preferred (quar.)
Struthers Wells Corp., $1.25 pfd. (quar.)_
11-
$1...
50c
—
rocter
$1.12%
10-31
11-
Stix Baer <fc Fuller-
t75c
preferred (quar.)-———
6% preferred (quar.)—
Power Corp. of Canada—
"■
6%
1st preferred (quar.)
10-19
10-19
12-14
(quar.)
Corp.__
West Virginia Pulp & Paper Co.—4%% preferred (quar.)^
11-15
12-11
Inc
Inc. (quar.)—
-11-1$
11-15
preferred
West Virginia Coal & Coke
25C
Extra
12- 1
'f
$1.50
25C
7%
11-15
preferred (quar.)
(A.) & Co. (quar.)
5%
43%c
*
(quar.)
Western Light St Tele. 5% pfd. (initial)
27 7/10c
Western Maryland Ry., 7% 1st pfd. (accum.) ■
<
$7
Western Pacific RR., common (quar.) _______
75c
12-20
60c
Sterling Brewers,
Co.—
5%%
I'fo
Stein
20C
1%%
of Rec.
$1.75
10-31
3iy*c
Stecher-Traung Lithograph—
37 %C
—
"
*
Works—
preferred (quar.)
11-16
12-22
11-16
11-15
class A preferred (quar.)
Potash Co. of America (increased)
Potomac Electric Power
(year-end)
Stanley Works, 5%
11-16
1
12-22
25c
$1.50
'
12-
$1.37'/a
Co., class B
&
Poor
1?- 1
$1.25
conv*
Holaers
Payable
•SMfctHw
v.;
11-15
12-10
50c
10c
-
Standard Tube Co. class
♦
?-:v'
.>
When
share
-
(quar.)
Electric—
preferred
11-30
50c
7«c
10c
(s-a)
(N. J.)
Co.
r
2
preferred
Penn
6%
12-15
50c
25c
25c
Extra
.
West
1-
50c
_
Oil
11-15
12-
1834c
Forgings (initial)
of California
(quar.)
Standard Oil Co. (Indiana)
(quar.)
1
12- 1
4$1.25
preferred
12-1
$1.50
...
Phillips Petroleum Co, (quar.)—
Johnson St Co., Ltd.—
Amer. shares ordinary registered
Pinchin,
(quar.)——-
Co., Ltd.—
(quar.)J
Standard-Coosa-Thatcher
12-
Per-
Company
West Michigan Steel Foundry Co.—- j;
5
$1.75
preferred
convertible
$1.60
Standard Chemical
12-
20c
11-
11-15
40c
(quar.)
I-2-46
$125
3
Co., common¬
.
I-2-46
$1.50
(quar.)
preierence
$5
11-20
12-
50c
Co.
Water
40c
>'Name of
of Rec.
Payable
Share
K<i$7, Name of Company
.
Standard Cap & Seal Corp.—\
12-10
$1.50
,
.'yvrtf
Stamford
11-20
,/:25C
Paul.::Jtoc.'v:<quar.)'i:^
Co., 6% preferred (quar.).,.
pfaudler
Philadelphia Suburban Water
1
12-
$1.75
Holder»
When
*
••
of Rec.
Payable
fiftar*«..(
Per
Holdert
When
*
F<rr
'
A
—
.I1,;
y: ''V'V-^V' Ar®m# °r Company ; ; Y:,{:.. ; T*-A''
Perkins Machine St Gear 7% pfd. (quar.)_
Peter
'
-^e-
Monday,- November 12, 1945
FINANCIAL CHRONICLE
&
THE COMMERCIAL
■
1
::3f;
'
"
'V.v;'
^
23itf:
'':
>>•'-:>R. ' -""'
3 :,3--•'.v : ■>
•r.
12- 1
U-
V7*
and
Pacific
11-15
r±f
of
12-12
12- 1
Northwest.
fknen
these
."avfanr1ti%nr
extending
11
fn
WintilrwHr
&■
•
daily round trips between Chicago and the
between Chicago and the Twin Cities with one
Cities,
to
four
Winnipeg.
32-1
12-12,
Twin
the
"'-A
,
,vi;
j;-.!'-"''
f.}. >"
?'k
-Vj.-.i
1
'
t
'
*"
Addition !to Tour-engine.
in
the
" "
'•"•a..
'
•."A#-
•
-ayy:.;
\;.:
y
'/■
•
:
■
-rj^,
,
.
";:'K v,;V> /'■
H':
Volume 162
will enable Northwest to increase its service still
to reduce transcontinental flying times,
1346
and
Hunter's report also disclosed
Mr.
.'
amounted
to
Express
-year
and
-ago
the
fiscal
operation
14%
next
more
that airmail revenue
increase of
an
miscellaneous
for
miles
Revenue
$1,616,886,
for the
that
over
of
reached
revenues
Government orders for over 250,000,000 razor blades for the armed
forces, Mr. Mailman reported to the directors.'; " '
/
The company's cutlery business, which was
purchased in 1941 from
Remington Arms Co., had no chance for developmetn1 of the civilian
market during the war, according to Mr.
Mailman, since the plant at
Holyoke, Mass., was 99% engaged in war work
producing bayonets,
'
trench knives and special knives for the signal
corps and other units
of the armed forces.
A total of
approximately 7,500,000 pieces of
- such equipment were manufactured, Mr. Mailman said,
."In 1941," Mr. Mailman continued, "we were engaged in
systematically opening a few new territories at a time and the war
caught
us before we had
opened our
proposed campaigns in
metropolitan
New York, Chicago, St; Louis, Detroit, New
Jersey, the Northwest,
Mississippi, Louisiana, Oklahoma and western Tennessee.
While
it
fiscal
a
load
revenue
million
four
factor
$119,472.
Crott
The
the
and
85.80
was
performance
Work-Week—" ;
wiu;K.-wet;iv
SppIc« tn Rpdnrp
oe?K$ to xieauce
i-'V
factor
"
,
96.20%.
..
would h*ve been possible to
,
•••
,*
were
Hunter, president and .General Manager, has announced that
a 40-hour
week, with employees continuing to
-equivalent to that received for the 48-hour
"take
receive
home"
"Our
the
1,
1946,
The
war.
would
v
,
,
.
.
Duncan M.
member
the
a
of
the
of
board
of
directors
National Bank & Trust Co.
and
of
Otis
1916.—V.
since
162,
Mr.
1517, '.
p.
de Paris
1945—5 Mos.—1944
$109,473
128
revenues
Uncollectible oper.
rev.
—
Total
has
called
1,
bonds
1942.—V.
of
the
156,
series
$956,097
572,242
527,036
21,397
25,043
232,490
238,071
Net
$15,435
9,990
income
—V.
oper.
Earned
rev
Ohio
$16,378
$151,365
$141,476
10,879
100,409
92,077
plane
$8,203,617
504,019
1,271,735
292,806
the
in
$0.62
1,719,317
7,979,763
30,614,507 134,370,890
3,404,561
60,909,176
$1.67
Divs.
258,118
148,693
96.56%
98.19%
assets
history
3
will not be
of
subject to
of Sept. 30, 1945,
as
the
corporation
598,201
were
and
of
i
16.8
profits
in
amount
4;088;439
4,'o42;926
^10^734
Pennsylvania-Dixie
$242,126 ^3-599,793 ^3.497,532
117,443
1,002,000
1,576,218
S2^'101
83,500
Eai iC|o 'n"iViT
*—v. 162, p.
«ni
TQ3
stockhoJders
The
$214,601
$124,683 $2,597, <93
Oklahoma Power & Water Co.
Company
$1,921,313
a
%■
and
subsidiary of the Middle West Corp., has filed with the
to borrow $3,200,000 from five banks to be evidenced
series
notes
serial
bonds
A
and
use
the proceeds
all
the
company's
and
'
notes'
The
'
to
retire~$2,761,000
outstanding
of
2%
the company said, would effect substantial savings
in the amount of interest payable by the company on its bonds and
notes
Also the company would effect a saving in the annual license
tax paid under the Oklahoma
statutes by issuing evidences of inof
maturity
a
;Jatai i
(Including
wholly
Period End. Sept. 30—
from
Gain
Other
four
years.—V.
owned
Income
and
$669,231
$2,372,278
25,467
46,804
■
$694,698
$2,419,082
219,410
627,578
639,146
,
11,176
paid~&~amort~
exp
called
on
profits
excess
r*'
—V.
,
46,379
<*'
:
-
•-
the
is
it
taxes.
197 870
earnings
as
stock
will
be
each
presently
con-
market
intention
the
promptly
as
of
of
index
of
be
issued
:
lieu
of
to
such
to
stock
value
Roadstrum
a
establish
;
»■
$0,86
.
11
1,132,100
stock
new
at
should
^
,
The
largest
be
.
,,
,
motor
completed
The
Chase
ll
National
Broad
Bank
of
,
.
block
of
freight
equipment
carrier
arrangements with
for
$1,000,000
financed
Bank
National
America
or
this
in
Salt
Lake
was
the
fnr
„
financing_ ever
of^ equipment.
will participate
City
Th.
Jhpr^hv
whereby
with
if
it
?
Pormpr^
ntf,
Cn!
Tr..Rf
York
New
:
be
riXtr rf'pfiniSvP
fir«
and
De^
—!
'LLZr-
bonds
„
T.
f>
^
not
be
Sale
mort-
date
rate
.
the
Wo„u
Wash-
OI
See Interstate
Electric
above.—V.
Co.
——
162,
»
1
..
.
„
in
w
ended
Net
Vv""''
.V- '
surrendered.
Janan
&
——i.
—v.
the
.
company
civilian
v
<
'
,
-
;
use.
produce
,
that
-
1
*
added
adaptations
of
the
giant
engines
for
local
162.
— <
,
■.
p'/t
s-
"
the
war,
*
in
v.
per
will
679.
p.
amount
of $729,000
same
2%%
issue
not exceeding
and
(3). Issuance
oi
which
are
for
of
other
new
estimated
and
purposes;
bonds,
series
E,
to
—
$1,118,846
550,451
—
Crl0,608
lor
dividends.
Pennsylvania
-
v-
;;
I
•
i
i
I
'^
•.
•
V:
Peltz
has
been
Cost
$626,010,
.
viVvj*
named
General
Production
1936
to
since
that
1942
he
time
double
Manager
of
Industrial
was
has
1941
been
Product
F.
Theis,4
carrying*"
output to meet4*
162, p. 1518.
dealers.—V.
of
1945—3 Mos.—1944
$ '■?*}<*' ')
$ *ys %
r ' "
57,211,235
products
oper.
and
taxes
(oth.
gen.
sold,
C
'
'
income)
Prov.
for
than
and
'
taxes
39,113,606
conting,
300,000
17,797,629
de-
costs
include
16,841,755
,
(
58,668,325'
t
Eastern
(Profits
were
under contracts
tion
Act.
1,136,200
2,361,750
6,795,200
14,317,551
T
$1.22
or
Pipe Line
which
Co.
in
are
for
8,425,645^.
.
14,997,363
v" ' $3.05<"
$3.84 "
gasoline
r
22,929,289i
5,992,824 118,895.956
$0.88
holding^ of
Provision
; f
.
""
32,977,169
inter-company business
derived
,
8,487,181
and paid to
Federal and State Governments.
Gross
nine months of 1945 includes
approximately $5,400,000
from" sale of the
company's entire
handle
*-
!
46,352,297
.
12,343,877
—.—
profit
profit per share. jL
•Does not
*
37,927.212 110.384,877 102,141,797
465,000
1,200,000 " 1,045,000 '
.
+Net
Net
%
1
"*,
&
income—
on
149,539,094^
ru."
'
*
•*
-
f
Fed.
Gross profit
Res. for depletion,
prec.,
devel.
retirements
i
'* ^
-
■
interest
war
$
55,233,968 170,253,202
*! *
exps.,
f;
19454-9 Mos.-r-1944.
'^'s
'
,
collected4
taxes
income
for
the
*
aggregate profit
-
stock
common
of
Pan-*'
and
2,046 tank cars.
'
•
*
*
~
part from sales to governmental
agencies.subject to adjustment under the
Rehegotia-4'
war
contingencies
includes
deferred
tenance,
renegotiation, reconversion costs - and possible
inventory values. Under date of Oct. ll* 1945, the
main¬
shrinkage
in*1
company^ was noti¬
fied by the RFC Price
Adjustment Board of a finding that no exces-%
sive profits were realized on
contracts or sub-contracts for the
year
1943.
It is the opinion of the
company that its liability oh renegotia¬
tion for 1944 and
1945, after appropriate credit for Federal taxes on
income, will not materially affect net income.'
"• /
%
-.
V
Utility
tin
determining net profit for the 1945 periods, current rentals
paid"""
undeveloped oil and gas leases were charged as
operating expenses,4
in prior years, rentals were
capitalizd as a part of the cost
such leases.
Company is also making provision for the ainortiza-4
on
proceeds
whereas
at
.$i8,i87,i90; '
'Knox Ide widely -known ,rindustrial executive, has been elected
(4) (Exchange of 440,00d shares of new cumulative preferred stock
Ch6ttinah of-tiie,bo6rd of directors!,
;
'
" '1 -for a like.number of-shares of &7; $6 and $5 cumulative
preferred
Mr
Ide is also a director of American Home Products Corp. and
stock presently outstanding and the redemption, at the call
price of
its former President; and a director of American Machine & Foundry '
$110 a share, plus accrued dividends, of the
remaining 164,390.38
£0
International Cigar- Machinery Co. and Mary Chess, Inc.
%
shares of such preferred stocks not so exchanged, and :"
j'oseoh JU Mailman/c President.-coti Pallade .Co., Inc.,-announced
(5iK Amending the corporate charter to give the new
cumulative
Uiat *Mr. Ide would "'also ^serveras^ a ^member * of 'the executive;' finafnee
; preferred stock special .voting: rights in: the event of dividend'
Adfaults
and
operating
committees, of
this tCorporation .and
the , Pal and
and to place certain limitations on the payment of common stock
Personna • affiliated -and/ assooia^ed- .companies in. the United -States,»
dividends.
; '
Canada anA^-Sputh America^.^.„
J
^The -Commission in Its *.opinl0ff^stated:-
553,600:
$627,675
'*■
■
•Gross income
*
the
552,124,
$l,159,2474t
Corp., Philadeiphia—-New" Gen, Production
Mgr.j
J.
'y1'
J
Fed.
Public
1943"
$2,797.577t
1.086.2O&-
Crl4,*018'.,y Dr20,362,
.
—*r*
Pferiod End,'Sept. 30—'
v
■
Pennsylvania,
4•
/-r'-
Co.—Plan Approved by
by
1944.—V. 162,
$1,166,014
552,358
$579,003
1678.
%
of
~
•
of
$2^28,746
1,144,774
572,583 V " 617,958
■
will be sold to the insurance
the
$1AT
Phillips Petroleum Co. (& Subs.)—Earnings—r
price.—V. 161, p. 2187.
"
stock
common
[
*1,246,074
company plans
to more than
demands of Philco distributors and
the
the creation of capital surplus;
"
<2) Accounting adjustments by Pennsylvania to comply with Orders)
Commission
..
,
y-
fe
••
Manager of the Radio Division.
He will assist Edward
Vice-President in
charge
of
refrigerator
production,
in
which-are t0 bear interest at the
annum.
At that price the
average annual cost of
be approximately 2.92%.
The
remainder
of
the
the
V
$2,937,509
Regfrigerator Division.
From
Engineer of the Radio Division and
bondS(
of the Federal Power Commission
-.Pal Blade Co., Inc.—Elects Cbaunian of Board-
,
2?a%
proceeds
the
2,168,768^
n
*
1945-'?' ""' "1944
taxes
avail,
p.
Philco
transactions:
''
®
r(l) Ceatain capital contributions by Pennsylvania's
parent, National
Power and Light Co., to Pennsylvania which, together with a reduction in the stated value of Pennsylvania's common stock, will result
.
during
to
i,.C:
.
Packard turned out 13,000 marine
eriginas which the Navy used <t© power, all PT boats, as well as 56,000
Rolls-Royce aircraft engines.
The new-type marine englne lias i}800
Tiorseoower > compared with 1,200 :for those in the first PT boats and
1500 for the last previous models.—V; 162, p: 2021.
He
'
would
$1.58
v 4
the
two-thirds
The first step in the plan, refunding of Pennsylvania debt securities, was completed recently through the sale of $93,000,000 of bonds,
$27,000,000 of sinking fund debentures and $5,720,000 of serial notes
to six banks.
The balance of the plan provides for the
following
business
5
of
for
payment
v
$15,317,677 $14 005 28a'
output for this company and its subsidiaries
forV.the:
3, 1945, amounted to 122.126,COO
kwh., a decrease of:
deductions
Balance
company's recapitalization plan, filed for the stated purpose of
enabling the company to comply with
the
"death-sentence"
provision of the Public Utility Holding Company Act, was
approved by
the SEC Oct. 26.
: "'S'-".
Christopher said Packard was remaining in the marine engine
and that, in addition to filling any future Navy contracts,
Mr
7,325,274^
$16,174,05(j
Nov.
earnings
charges
Other
The
new-type
a
Q{
1,959,410'
4,419,390|
6,654,943
Interest
'
'
D
SEC—
Christopher,
T.
that
and
Pennsylvania Power & Light
.
Marine Engine
President on Oct. 31 disclosed with Navy
PT-boat engine, having 50% more horsepower
than those
which evacuated General MacArthur from the
Philippines
had been developed and was in production just before
George
approval
C
'
$17,486,445
2,168,768
shares),^;;
991.
p.
.
Business—
B
8,527,143
5,749 755
$24,141,388 $23,499,330.
;
pfd stocks—
Oper, (incl. maint., deprec., etc.)—
a
company
refunding mortgage
fund of the Pennsylvania at the
Packard Motor Car Co.—To Remain
y*'"-
series
series E bonds in
ington and Oregon Properties-1-
:
and
8,305,595
■
1,842,038
3,775,839
taxes
deductions
All Fed.
ceived bids from four groups, representing 161 parties, the most
favorable being from the Equitable Life Assurance Society of the
United States, at 99.01, with accrued interest from Oct, 1, 1945, to
announced
refundine
Col„
Light Co.—Proposed
a
-
7,9l9,80l
M -v.::V;V::.JVrWvv;:.>;• '->&•
Philadelphia Suburban Water
and interest, and the proceeds, with other funds,
lJke principal amount of first and refunding mort-
99 01
at
.
■>1944
8,398,509
8,796,450
,.
~
—
forward
the
York,
1397.
COt-Earnirigfrr-
company published a request for bids and also mailed to 102
banking firms, insurance companies, and banks, invitations to bid for the purchase of the
proposed bonds to the extent of
$31,873,000 thereof, the interest rate to be named by the bidder and
to be in multiples of V» of 1%.
In reply thereto, the company re-
;
...
„
Pacific Power &
so]d
used to redaem
authorized
17
New
of
1945
12 Months Ended Sept. 30—
Gross revenues
investment
M
bonds series M 3% bonds due Dfcc. l 19/9 in exchamce for tembonds, due
1, 1979 in exchange toi tern
porary bonds.
V. 162, p. 2187.
gage
City
8,026,000 kwh., or 6.2%, frcm the
corresponding week
,hThe
the Bank of
has
Y
N
0ct-
on
$32,602,000 of first
win
villi
financing.
nonir
th
?
*
—
undertaken^for a
announced Nov.
^
Bank of America
Pacific Gas & Electric Co.—Definitive Bonds—
-
the
St., New York, N. Y.—V^I62, p.
taxes,-
income
William
ICC
$4.sa
.
p. 2188.
Pennsylvania, Ohio & Detroit RR.—Bonds Authorized
-
$2,992,00S
■
the Oregon-Washington Water Service Co.^
on Jan. 1, next, at 101 and
interest, $750,000
gold bonds, series A, due June 1, 1957.
Payment
Ended.Sept. 30—
The; electric
potentialities.
by awarding
or
said,
Adoption of the plan requires approval by holders of
of 3,1 shares outstanding, irrespective of class.—V. 162,
$611,860
Pacific Intermountain Express—Completes Equipment
western
$5.55
.
formerly
trustee,
and local
week
profits.
.—
$623,595
162, p. 784.
Financing
$3,638,522
162, p. 679,
Weekly Output—
While no commitment can be made, the directors feel
reasonably prompt inauguration of dividends on the new stock
might be expected on the basis of the present outlook for Increased
1,047,850
'
$182,549
$6,452,473
3,460,467
..
$0.68
.
tion
;
.
v 992,135
'
-v.
7,646,1^4 i;V;;,6,482,79Cf
$6,206;280
2,567,757
Balance available for common stock__
common stocks
<8,160,317
policy of regular divijustified by the results of
is
course
m
;
1,580,685
'
purchase
common
its
i«
1
Earns, for
Sept. 30, 1945, by vesting in its
equity in the corporation.
either
$lV436,585
.629,492
3,926,980
$5,169,478 $5,401,964,
.1,036,801.
1,050,507
258,308
$1,196,687
.v..
earnings—
Nei ^come
on
fractional
^-
,■
241,23;
.*
3,014,987
j ;
' $1,178,277
$566,194. ,_J&44M49
Dividends
and
Mr.
''•?
*
in
$954,455
—
to purchase two
addipresently outstanding corn-
the
plan,
directors
as
278,726
1,280,655^ ;i,298,004
income,^
.
Income
outstanding
10
holder
of
as
price
the
of
*'
251,467
;
,
have
in
•
939,839
•■
warrants
the
earnings
reliable
a
tax—_
taxJ-—_
3,040,423
"
3,874,809 7.
1,608,759V.*
.
that
221 000
-
$178 680
recent
r.
*"966,834.
income
Gross
,
operations.
508
'
*
share
a
the
is recognized
holders
7.62'%
dendS
**
!_
Net
6
58,5083'
^f,
Fed"~in~c~~and
for
"
35,809
'
bonds
sUbs
of
13,231*
-
'
and
entitle
State
of earnings
and
equity.
Assuming a complete
exercise of
warrants,
the
corporation's
working capital would
be
increased $1,600,000 and the common stockholders' equity would become
19.84%.
Mr. Roadstrum said that if the recapitalization plan is approved,
$2,403,743
205,296
subs
Prov
its
of
dividends
no
regarded
This
—
$593,022
for
.
stock
new
$100.04
to
92.38%
...
—J
Provision for depreciation-,
Federal income taxes
Federal excess profits taxes
been paid on the common stock since 1928
resumption of payments is extremely remote, the directors believe
that
$2,332,382
71,360
bonds and notes
on
Premiums
amounted
1945—9 Mos.—1944
—
Total
*
subsidiaries)
3,988
stock
new
••
Since
$589,043
(net)
Depreciation
of
;
misc.
1
Income
12 Months
meeting to be held Dec. 3
by | merger of
PennGeneral Cement Corp.
It is
have a single class of stock,
common
,
revenues and other utility
income—$100,837,732, $97,794,35(1'
Operating expenses, incl. maintenance..
45,963,707
45,333 727
share on and after June 1, 1946, up to May 31; 1949. ' <fIn a letter to stockholders, Victor N. Roadstrum, Chairman, said
the board of directors believed the plan recognizes fairly and equitably
the priorities of the preferred stock,
on
which dividend>arrears
1174,
p.
of
would
&
Other Federal
and
■
1,301,767
1,856,667
1,374,145 (,1,034,840
8,678,970 " 8,397,604
1,290,738
1,142,248
Operating
$20 a
ugs*
v
Int.
162,
bshares
warrant
holders
1945—3 Mos.—1944
operations—
income
than
company
iF»."—V:
Philadelphia Electric Co. (& Subs.)—Earnings—
effected
preferred
15
1945—12 Mos.—1944 i
140,151
1,938,273
289,206
751,363
317,480
762,150
«—-
income
successor
":r
■i*
share.
share of
One
Each
PorninffQ
-.AfX*"™ xra.pcr
•
less
of
pon.H
present
and
Subs.)—Earnings—i
320,786
2,307,523
This company,
ial
a
be
subsidiary,
shares.
•
-
transaction,
debtedness
at
to
tional shares of new stock for each
mon shares.
Scrip certificates would
5%
of
$550,000
Four
preferred
2.
that
<C»
.
2,454,562
:■*
409,841
114,971
——1.
of first
mortgage 5%
will be made at The
Recapitaliza-
follows*
fis
l.
proposal
a
new
plan
and its wholly owned
contemplated that the new
verted
To Borrow
wij, v6te
recapitalization
Dixie
$1091313
par,
by
Co.—Plans
•
•■
SEC
Cement
tion—
coia
IZ
%
■
has called lor redemption
£gwtion^n*n ex^lknt^position to implement the first phases
S50i',4oo *3,0291883 $4!oi8,6?i
with
Peoples Water & Gas Co.—Partial Redemption—
than
lO^S^
:
;
^On 656,000 shares of
capital stock.—V.
1945.
more
time
71,023,864 341,859,096 32$,091,475
58,824,984 154,878,662 185,969,127
?
$9,819,942
i
taxes
?Per share
$7,198,616, - the highest
this
this
$9,641,493 $44,054,034 $42,961,78i
4.',.
""v;
-4
1"
2,506,863 10,068,787
10,123,001
•*
Vi..
17.5
r
taxes
616.090
stock—
pfd.
on
70;830,970
.
from—
profits
Net
94.27%
93.25%
17.9
excess
339,822
.
kV,
7 53,749,290
companies^—^
Federal
298,314
'34o!997
702; 190
Qn
-,
ser.
pipeline-
gas
Operation
Maintenance
'Depreciation
State,
local
3,578,268
62,546,899
13 024 599
1945—12 Mos.—1944
Other
625,592
14 765 203
.
<,B)
'
Grbss lnoome v—-•Total, income* deducs—
$4,344,492
796,618 ;
at
98,350,242 420,223,362 415,478,620
Operating
359,269
$0.76
17.9
total
action
revenue—__
Total other
1 168 081
$2if;?74
11
'
Gas.produced———
;
$3,000 000 was in cash and U. S. Government securities.
R.
G.
Lochiel, Vice-President and Treasurer, said that PCA s issuance and
**** on Oct. 2, 1945, of $10,000,000 in 3'/a%. 15-year convertible income
debentures, which increased assets to more than $17,000,000, has placed
■
income-
'
before
$35 030 462
inland1 othe^deducts"
Net
•7 Natural
'
Federal
$36 218 962
UxeLm—-I
further
no
for
pro¬
■
Utilities—102,227,291
purchased
Excess
$2 867 520
amort"
and
Deprec
'Gas
1945—9 Mos.—-1944
$0.81
miles
corporation
PCA's
1945—Month—1944
gas
oper.
:
1 073 267
goPv.
Other
.
$2 626 331
r^vpnup
take
Section
customers'
Total
National
of
on
$2,069,312
factor
The
Pennsylvania Power Co.)
(Including
redemption
644,390
passenger
Load
CO.—learnings—
Period End. Sept. 30—
irrncc
General
1, 1945, all of the
foreign
series
due
385,069
miles—
Passengers carried——
Plight oper. factor
rv*
fcaison
for
1945—3 Mos.—1944
$3,439,192
—
share—
per
Revenue
162, p. 1772.
rv*.-
Dec.
on
(French
provide
institute
proceedings unless the plan before us is*not consum¬
plan is consummated we shall .take steps to dismiss th4
Interruptiblei service---,5"
vs..
Operating income
Net
income-,————
$906,583
59,766
income
Francais
to
us
1778.
p.
Period End. Sept. 30—
Total
Rev.
operating
called
■
$101,187
will
we
led
Peoples Gas Light & Coke Co. (&
$ Period End. Sept. 30—- X: 1945—3 Mos.—1944
made
.
Net
Fer
redemption
for
th^j
consummated,
(B)>42),
,
Pennsylvania-Central Airlines—Earnings—;,JA>;:V:'
1,112
taxes--
operating
all
$907,695
$109,345
72,513
11
such
If the
.
,;;v ;
-
—_
revenues—
expenses
for
June
1,157„
to
proceedings under
162, p. 2022,
•
RR.
Co.
6%
bonds,
payment at par, in French francs or their dollar equivaat the office of J. P.Morgan & Co.
Incorporated,
23 Wall St., New York, N. Y.
Payment will also be made on the same
be
basis
$957,254
respect
mated.
.
i
Paris-Orleans
will
1945—9 Mos.—1944
^
$101,310
123
.
is
accounting adjustments, will, "if
remedying of the
condition,
which
•j\"; "Accordingly,
the opening of
these
advertising program which
present
which
ceedings under Section
Include
year
our
1956-
lent,
-A.
v
.—
Opearting
Operating
outstanding
Dec
.
„
coming
(Compagnie du Chemin de Fer
Orleans)—Calls Foreign Series 6% Bonds-
a
Telephone Co.—Sept. Earnings—
Period End. Sept. 30—
Operating
,
the
expansion of
>;
Railways Co.)
has been
;
.
for
an
v;v>
President
Thompson
...
„
Ohio Associated
Thompson,
investment of .approximately $18,000,of the company, the common stock
dividend
designed to achieve and maintain a 25%
comf
the charter amendment providing for our minimum
protection of the
new
preferred
stock,
and
stock
common
equity,
requirements
for
the
j
the
proposed
open these territories during the war, we
we could
produce sufficient blades to
Paris-Orleans RR. Co.
Norwich, N. Y., has been elected
membership on the executive committee.
director
a
A.
the
$44,000,000,
stock
.
Copley, Chief Chemist of this company, has been elected
to
in
to
restriction
mort
insertions twice weekly in 563
newspapers," he said.
The cutlery business will be expanded
rapidly with many new and
improved items.—V. 152, p. 993.
.v:.^
.
,
000
.
until
so
Soclete-Rationale desGhemins de
,
$66,392,000
a;
.
.
.
do
includes
new
affect
Norwich Pharmacal Co.—New Director, Etc.—
plans,
territories and
pay
week in effect since early
pay policy, which would go into effect on Jan.
virtually all employees except flight personnel,
who are now working 40 hours or less per week.
Northwest currently
.employs about 3,000 workers in office and mechanical capacities, the
announcement said.—v. 162, p. 2187.
"
in
unwilling to
meet the demand.
rthisijepmpany will ask governmental authority to return to
work
231
•
year
year
miles.
FINANCIAL CHRONICLE
C,
year
totaled 9,634,390, an increase of
company's planes carried 247,589
revenue passengers, more than twice the total for the previous year.
Mr. Hunter revealed these passengers were carried 162,325,068 revenue
passenger miles, nearly double the figure for ft year ago.'
<*
The report showed 5,289,489,351 pound miles of mail exceeding the
previous year's total by more than 600 million, and 1,628,994,471 pound
miles of express, again an increase of more than 600 million.
The
than
more
&*
THE COMMERCIAL
Number 4437
tion
of
this
chance
penses
lease
for
rentals
in
the
capitalized
in prior years.
It is estimated that4
procedure has resulted in
increasing ex¬
quarter and the first nine months of 1945
accounting
third
£ approximately $2,290,000 and
by4"
$4,830,000, respectively.—V, 162,
p.
1518.^
.
...
,
?.
-
\
comnanies; «e
.juroduciei^of- Pei: and
Personna razor blades and
and .Persojnia. cutlery.^-. Jhurin^^tfee -war -the- companies
"We
-
■
of. the-opinion,
are
-the reduction
lillod
in
the
that
amount,
the
of
provision of
the
plan,
is
; similar
including
outstanding preferred stock- from
directors
common
This
^
Pal
Pilsbury Mils, Inc.—30-Cent Common Dividend—
/
The
the
.
*
•previous
the
have
declared
a
dividend
distribution
quarters
was
made
on.
dividends of 25
June
cents
'
'
'
"
'
'
:
.
•
'
'
,
'■
;
'
.*
'•
.
.
.
i
...
"
.
y;
•
.
.-
•'
.■•Y. *•
V.
7.
'>C'-• U:>-S V-juj-i.'1-
4:''''
'
• ■ •
■
'-Kv,:^*
30
1. and
each
'
'
■
of
cents
stock, par $25, payable Dec. 1 to holders
74th consecutive
quarterly dividend on
•1
...
W>-
Sect.
were
of
per
shares.
J.. last,
paid.
on4
Nov.413. ;
share
record
these
A»
whOe.in^
In addition*
THE COMMERCIAL .& FINANCIAL CHRONICLE
2312
the
1944.
of 25 cents on May 29,
one
cents; deferred messages, 13 cents, and raido letters, 8% cents a
rates were
77, 48, 39 Va
and 26Vs cents a word for
Prewar
,
New Vice-President—
:
'v-
,,
v"J
Period Ended Aug. 31—
Total
1945—12 Mos.—1944
$14,771,020 $15,090,637 $60,499,970 $59,940,327
inc.—
oper., etc
Sales
&
Int.
1945—3 Mos,—1944
Sept. 30—
expenses
—
1,337,577
disc,
debt
1,280,693
10,924,612
104,018
852.354
deductions
and
73,252
274,295
int
Net
U.
&
4,039,483
^37,328
151,647
39,446
875,501
982,718
190,332
25,?£i
EEo
'
in subs..
114
51
452
6r'c
profit
per share on
preferred
162, p. 1895.
$732,457
$866,016
$2,894,102
_—
$2.47
$8.28
i~V.
>
Gross
of
STATEMENT
sales
•
merchandise" sold
Cost of
2,415,282
4,355,855
$5,669,944
$5,283,085
general & admin, exp
doubtful accounts
than Fed. inc. taxes).
Provision for depreciation
Selling,
2,193,191
i?o
41,206
38,711
5573,075
$807,420
36,678
$808,881
17,583
income
$590,659
-
$844,099
$835,571
income
other
before Federal taxes:
inc. & exc. profs,
taxes
Profit
Federal
71?
78
1
*Net
400,887
^
$443,211
180,000
•
'jLSRPTS—
180,000
Notes and accounts
the
i iotal
*
—•
-
A
The
1,999,862
626,131
year
one
the
payable
'lis.-'
(Dividends payable—.—.—
Accounts
income
-Provision for
(Long term 3Va%
Reserve
&
:
150,000
.
m-im mm,
~ m. mm
2,250,000
782,641
314,474
in
Portland
eration
with
the
of
refunding
of $50,000,000
first
all
;;
in
the
third
also
was
war
drop
in
earnings
revenues
is
duarter earnings
substantial
a
Net
-V.
V".:.;
four proposed plans of reorganization for
the company will
considered, the Securities and Exchange Commission announced
30 at a hearing on Nov.
26 before William W. Swift, trial
Examiner.
Three of the plans,
including a first and a second alternative
proposal, were filed with the Commission in" August by Thomas W.
Delzell
and R. L. Clark. ; The fourth plan was
drawn up by the
The
the
due
bank's
provide
plan
162, p. 1325.
will be retained as
Electric
The
Electric.
dissolution
the
for
a
second
holding
of
reduction
sales
All
of
shares
preferred
5%
Portland
the
and
Electric.—V.
necessarily
require
Net
$50
stock
,
a
trustees
other
1945—9 Mos.—1944
$5,429,706
$5,157,874
3,713
2,419
$576,555
$576,555
389,308
$5,425,993
$5,155,455
398,519
3,544,313
3,428,960
109,169
96,803
944,239
872,093
$92,158
890,444
$937,441
$854,402
with
that
propose
from
Public Utility Engineering & Service Corp.—Output—
ration
the
for
operating
week ended
Nov.
193,666,00
with
compafed
the
3,
1945,
kwh.,
year, a decrease of 7.3 % .—v.
companies
for
162, p.
served
totaled
the
ICC
the
by
trustees
the
new
of
the
;
'
1
by
this
179,503,000
corresponding
corpo¬
kwh.,
week
as
last
2188.
12 Wks. Ended—
.
:
Oct. 6,'45
•Cbhsol. net income—Shs. of corn. Stk. no par)
Earnings- per share—,
:
>After
interest,
■
775,176
$0.50
'
depreciation,
Federal
taxes,
86,161,891
78,697.926
26,778,014
27,900,382
12,365,929
17,330,627
net
excess
income
before
other
$2.05
charges
Net
provision
for
Federal
6,
income
1545.
•
.
of 1944,
- .v
;1
,
common
Nov.-
19,
*amd as
stock;
value, both payable Dec.
payments in 1945 Add amount
paid id 1944.—V. 162, p. 831.
no par
Total
1
to
Ry.
oper.
Other: ry,
Tot.
holders of
$2
per
ry.
.
H.
Mitchell,
Vice-President
and
General
Effective
Kunming
Immediately,
and
Shanghai
f»>Ii-r?te
C.-t
24
messages
cents
a
to
Chungking,
word;
1
code
1945
1944
$9,376,601
2,533,100
1,831,407
1,967 955
re¬
1,44s',316
-■
inventory
$519,639)
too
greatly
have
trend
interfered
modest
a
in
business
With
by
strikes
*
in
profit
during the last
profit thereafter at
and
Market
Steel
declared
with
50
cents
011
March
snare.—V.
per
of
162,
60
nayable Dec.
cents
40
aim
$1.80
dividend
a
stock,
compares
15, iasi,
Research.—V.
2190.
p.
Co.—Larger Dividend—
162,
cents
15
to
share
per
15,
paid
1945.
.
share
per
holders
of
on
record
June
on
15'
Dividends paid, in:
717.
p.
to
preferred stock is convertible into 2V2
Aug. 15, 1947.
The common stock is
Exchange.—V. 162, p. 1520.
Costs,
and
oper.
York'
New
1945—3 Mos.—1944
1945—9 Mos.—1944
$16,297,467 $15,987,443 $46,585,470 $44,426,502
gen.
.
12,090,796 11,225,637 34,034,"331 30,585,041* 1
tjaxes, etc
income
$4,206,671
590,103
$4,761,806 $12,551,139 $13,841,461
460,452
3,183,576
2,631,140
$4,796,774
income
Total
stock
common
the
on
(& Subs.)—Earnings—
income
oper.
shares of
listed
$5,222,258 $15,734,715
income
Non-oper.
charges
Int., discount, exp.
70,320
78,405
193,655
.
-
..
'
debt
—i—
for
deplet.
depreciation
408,204
' 82.146
1,486,516
1,460,241
243,514
498,700
241,162
1,483,000
4,561,000
665,7195,806,500'
$2,089,520
Prov.
$1,877,304
$5,359,247
$5,280,669'.
981,348.6
981,348.6
and
572,496
-r a1--
.a\-
4-..
-
-
261,028
'■>
■
4.349,631
of.
offs
-
.
-£-
4,285,030
'■>
undeveloped
x
,•
oil and gas prop., etc.
"Prov. for taxes on inc.
'
...
•
*
,
-
$53,336,642
Net
24,945,584
1,065,043
income—
Shares of
Net
,
.
income
981,348.6
share—
per
"Calculated
701,823
stock
common
outstanding
.
115,-571
a
-
-
funded
on
$16,472,601
190,518
.... -
and
tax
at
.
$2.13
rates
in
$1.91
effect
at
$5.46
the dose
of
<•
-»\i
r.
981.348.6at.
$5.38 ■i-
the
respective
periods.
1,127,605
$1,550;041
income
;
NOTES—(1) The periods of 1945 include the write-off of unamortized' '
and expense and the redemption
premium, a total amount of '
debentures due Feb. 1, 1950, redeemed as of
Aug.
r.;
29, 1945; also the write-off of the expense less premium recived
av>
net amount of $21,985 on the 2%%
debentures dated July 1, 1945.'
;. r
discount
$1,369,261 $11,103,932 $10,409,676
* 33,814:;
.301,469 , .- 268,874'
$1,403,074 $11,405,401
$287,630 on the 3'e-
$10,678,550
i. (2)
r
$1,327,319
$i3;29i
2,972,410
$1,089,780
$8,432,985
356,221
;■
2.870,92^"
of
the
Provisions were made- for possible reriegotiatioh of income for all
foregoing periods.—V; 162; p. 1176.
- *
' ■'<
"37,137
;
29,662
$7,807,623
■V
I
$1,364,456
income—...
fr.
gross
Y.
inc.-
'
Net
income
—
,
248,948
$1,115,509
$1,119,442
$8,789,206
>2,281,356
259,306
expenses
$860,136
.
$6,507,850
on
$8,089,142
$5,799,857
the
Nov.
2,289,285
and Federal income tax accruals affected
adjustment pf amortization ©fydefense projects.-' 5
' • / ' ■
"Operating
stock,
common
17.
March
.
Semi-annual
15 .and
dividend
of
25
Sept.
par
that
;
year
75
cents
cents
$15,
payable
distributions
of
15
this
of
year.
Dec.
cents
Dec.
per
^
RESULTS
■
FOR
to
•„
,
.
-
NINE
■
'^^THS
holders
each
15,
share was paid, making
share.:.^£-v: •' 7 -
-
.
15
25
On
per
-
by
"t
'
^
J
,s
-VAlii
T
Ariftbuhcfeffilivldend^'otx-h'-cents'
—
Deducts,
„r
.
Socony-Vacuum Oil Co., Inc.—Smaller Year-End Div.
.281,519*
were
1944
total
a
of
record^
piade
-
on-.i
yetfr-end
tOi'T'1
payments
v.-;;,;.;?
' ENDED SEPT.' r3bi"?^^
-
?
Man¬
with
the
*;
Federal
'
26,704,445
,
Announcement of sharp reductiono in radiotelegraph
message rates
New * York and four leading Chinese cities • was mad* on
The reductions were achieved through collaboration
Communication:* Commnsioh.
reflected
$13,251,496
and
t
between
29 by Thompson
oper.
32,147
.
222;*721
Gross
ager.'
not
common
Skelly Oil Co.
$3,899,821 $26,219,288 $28,391,058
85,398
781,230 ^
757,869
2,329.591
13,269,083
16,095,907
$1,517,894
income——
Net ry. oper. I income
Non-operating income'-
the
—
Oct.
Consid¬
be
100,000
should
we
1945—9 Mos.—1944
2,798,116
lil,685
oper. .Income
operating
record
'
,
"ears,
war
Code.
to
customers
the
share
prior
Revenue
have been added at a record rate,"
tells stockholders in his letter accompanying
"If our receipts of raw materials and our sales of
have
This
24.
premium
$6,697,937 $52,923,733
86,063
income—_
per
R. C. A. Communications. Ific.
Announces Sharp
Hate Reductions in Radiotelegraph to China—
/
' I
'
and
1945
adjustments
162, p. 501.
postwar
Period End. Sept. 30—
■•r>
..
Earnings—
'
$219,096
,
to
'
taxes. Crl,496,545
Deductions from railway
The directors on Nov. 7 declared an exfra dividend of 40 cents
share and the usual quarterly dividend of 4o cents per share on
'
•
to
period
u
i
oper.
ad vaf.
ry.
income
.
Declares Extra Dividend—
for
Internal
appropriate
1945.—V.
new
are
iue
oar
Gross
■
1945—Month—1944
Other Federal taxes
and
amounts
$4,197,883 and compares with $3,970,043 for the corresponding
fr.
rev.
Ry. tax accruals:
and
proceed¬
Cancellations and write-
;v3 IvI
3,684,822
"Federal
profits taxes for the 40 weeks ended Oct.
for
taxes
the
of
the
Director of
directors
totaled
The
16,259,887
12,600,743
"Railway oper. Expenses
deduction for minority interests.
Consolidated
124
to
upward
an
as
Sept.
Curb
773 096
•
:
-
determina¬
share.
59,504,217
19,848,380
---
$3,903,918
oper.
but
1943
The offering was made through the NASD
$15 per share, less dealers' concession of 70 cents per
up
3,037,171
86,463,736
26,665,731
revenues
Railway
$1,584,628
775,176"
> $2.06 •
all
of
ferred stock.
at
'3,453,682
r...
Period End. Sept. 30—
Oct. 7,'44
$1,594,421
$0.63
respect
$601,693
1
products
exps.,
2,008,186
1,619,163
"■■■i'J
j
Oct. 6/45
$486,147
773,036
in
contingencies
October
Operating
3,225,835
3,079,262
1,002,152
from
:
the
Simplicity Pattern Co., Inc.—Special Offering—First
Colony Corp. of New York made a special offering Nov.
5 of 3,000 shares of 5 Vz % cumulative convertible
pre¬
1942
$8,254,001
1,827,847
—
income
St. Louis Southwestern Ry
40 Wks. Ended—-
Oct. 7,'44
$389,604
data
profits
excess
Section
given
renegotiation,
and
no
knci
company's
1943
$9,048,501
1944
$9,652,029
1945
railway
Net from railway
Net ry. oper. income—
—V. 162, p. 2189.
■
l\'
and
companies,
The
the
common
$8,445,843
railway
oper,
From Jan. 1—
Gross
Purity Bakeries Corp. (& Subs.)—Earnings—
\
filed
by the RFC Price Adjustment Board;
Simonds Saw &
contingent interest at 4Vz'/c.—V. 162, p. 2189.
September—
from railway
ry.
for
Leslie, President,
Hamersley
1944
Gross
Net
(merged
equal to the trend experienced in the pre-war period."
Appointments announced in the report include that of C. Churchill J"
Crittenden, formerly with Goodyear Tire and Rubber Export
Co., as
Director of Foreign Business;
LeRoy T. McGuire, formerly sales man- '
ager of Joshua Hendy Iron Works, as Sales
Manager; and Lester B.
'
of
Co.
1943
and
in
Board
Chemical
1942
least
Corp.—September Earnings—
have a par value of
share instead of $100, and advocated the issuance of $2,457,750
Net
output
Adjustment
Shell
years
income
W.
Other
3, 1945.—V. 162, p. 2186.
Electric
Price
of
the
for
taxes
etc.,
quarter
St. Louis-Saii Francisco Ry*—Earnings—
.
with
reached with
for the year 1944 and
preparation of* data is.
the Corporation and Shell Oil Co., Inc.
period for amortization of war facilities was ter¬
the financial report.
propose
in new bonds bearing
Holders may surrender certificates for said shares at any time and
receive the full redemption price together with accrued interest to
j
has
report
for
finished
mortgages.
trustees
compared
was
initiated
be
for
"Since
John
even
$599,846
filed
been
has
road
The
outstanding have been called for
(redemption on Dec. 3, next, at $110 per share and dividends.
Pay¬
ment wilT be made at the City National Bank & Trust Co., 208 So.
LaSalle St., Chicago, 111.
Dec.
Corporation
1943)
Sept. 30—
operating revenues—
before taxes, renegotiation
for
contingencies
losses,
that for each $1,000 of presently outstanding
bonds, holders of Rutland first consolidated mortgage IVz'A bonds
should
receive $250 in
income bonds,
10 shares of common stock
and
$10 in cash;
holders of Ogdensburg & Lake Champlain first
mortgage 4% bonds should receive $300 in income bonds, 8'/2 shares
of
common,
and $25 cash; and holders of Rutland-Canadian first
mortgage 4VsVe bonds should receive $200 in income bonds, 10 shares
of common, and $20 cash.
Public Service Co. of Oklahoma—Calls Pfd. Stock—
j
$2,247,000
and
Reserve
with
$600,225
379
'
rev.
operating income
p. 2189.
The
,
company
alternative
of
will
Reserve
162,
divisional
•
General
1943,
•
income
serve
to several
Rutland RR.—Third Plan Filed—
the
$0-90
^
by both
annual
Sales
Declaring that the equity of preferred stockholders in the company
is without value, a brief, outlining a third plan of reorganization for
Guaranty Trust Co. of New York as trustee for Portland Electric's
6% collateral trust income bonds. •
;
v
The- trustees'' reorganization
plan and first alternative contem¬
Portland
-$1.35
Signode Steel Strapping Co.—Earnings—
in
1945—5 Mos.—1944
—
oper.
Operating revenuesOperating expenses
Operating taxes
Oct.
over
30,
proceedings
1,
made
provided in
as
in
debt involving
3'/2 '!<> bonds
contracts.
Period End. Sept. 30—
be
plate that Portland
$1.67
'
1942
$11,769,643
mortgage
the Report Had the Fol¬
the -Steelworkers Union would
increases.—V. 162, p. 1519.
Uncollectible
(Ore.) Electric Power Co.—SEC Will Con¬
sider
Sept.
Finance
Inc.,
emergency
of expenses including unamortized
call premium, and interets on bonds
expense,
1944,
There
marked
$0.35
1943
by presidential proclamation as of Sept. 29, 1945.
thereby
permitting a recomputation of the amortization deductions and the
Nov.
r
$1.90
ended
Oct.
been
been
progress
The
$24,500,000.
loss.
4 540 694
$25,586,000 $22,538,062 $18,209,223
renegotiation
not
Federal
connection
May,
termination of
Operating
a#;
.';
.,
and
Rochester Telephone
$10,031,689 $18,974,212
-
.
t-y. 158. p. 1177,
$0.58
1944
for the quarter ended Sept. 30,
$669,000 compared with $813,000 for the 1944 period;
months
Union
have
in
Among
company by
further price
150,000
2,250,000
990,389
314,466
contingencies
for
7,774,029
$0.60
$0.64
1945
share—.
quarter.
Oil Co.,
has
ings
the third quarter emphasizes the
fact that price increases are imperative to compensate for increased
production costs already brought about by past wage increases.
The
additional wage increases which are now being demanded from
the
JEE'SEE
notes
Capital stock ($7.50 par).
©urplus, earned *—*£«».«» mm
Capital surplus —
—
/>rrqf.«1
.
profits taxes...
excess
last
Shell
third quarter and first nine months
proportion (81,560,000 in third quarter;
a
months)
nine
sharp decrease
The
$5,250,000 $14,100,000
526,100
730,777
45,000
45,000
505,734
451,320
«,
th
Earnings
actual
an
36,663
$10,031,689 $18,974,212
due within
8,030,693
8,628,960
of
tion
quarter
these were the abwpt transition from war to peace
production and the fact that under ceiling prices, frozen in April,
1941, many of the corporation s regular products are being sold at
HSS'IS
86,422
assets
payable,
in
notes
7,950,000
3,000,000
minated
of
Statement Accompanying
factors.
LIABILITIES—
Notes
serial
third
for
lowing:
25,000
1,797,638
612,622
——
first
8,155,000
9,163,000
1,500,000
$2,064,183, less appropriate tax adjustment applicable
thereto.
After giving effect to the estimated tax
adjustment, a net
charge of approximately $679,000 will be reflected in the accounts for
for
income
of
retired
notes
issuance
and
5l'£8
'
& equipment
including good will of $1
Other assets,
of
income
of
Shell
payment
bonds.
discount
and
laSi'Sf
11,000
receivable
i
buildings
Inventories
Real estate,
3'A
755,483
on
Reconstruction
into
facilities.
emergency
of
include deduction
1944
10 064,095
737,222
9 Months Ended
$i,SS,SS
T7. 8. Treasury certificates—
Ef.i'S« Treasury tax warrants
Cash value life insurance.
of
Statement
in
June 30,'45 Dec. 31,'44
.
and on hand
Cash in banks
$0.30
$0.21
amortization
balance
$424,326
90,000
share-
com.
$2,935,000
' CONSOLIDATED BALANCE SHEET
r
86,470,792
$0.88
Statements
(2)
411,245
accrued.—
or
$7,973,927
$1.16-
mortgage
of
$310,590
paid
$2,195,526
per
nine
respect
and first nine
months of 1945 include deduction of a proportion ($1,098,000) of net
charges on retirement of bonds in connection with the refunding ol
debt
involving
the
issuance
in
August,
1945, of
850,000,000 first
'
nrofit
Dividend
$1,617,676
the
2,300,371
22.750,000
NOTES—(1)
26,690
280,068
^less post-war refund)
1,697,686
21,400,000
"Includes
4??or
'
Gross
573,781
5,800,000
net income-—
Consol.
Earns,
4,262,923
4,661,057
^,385
(other
Taxes
-
22'2l2
Provision for
624,630
and
inc
'T
10,611,904
"
adjs.
period
amounted to
the
„
60,497,027^
.
581,118
During the quarter ended Sept. 30, 1945. agreement
12,989,813
Cr325,000
prof,
.
.
$2,238,000 for 1944.
14,243,419
4,396,380
4,747,961
debt
Fed
for
exc.
*•
73,332,747
14,096,097
share—
per
^
84,012,298
,
income for Shell Pipe Lin*
Corp.
Net
1945
taxes (est.)
funded
on
Prov.
5,219,449
$2,872,240
profit
Gross
Int.
1943
$9,502,534
June 30,'45
1944
$5,287,523 $10,025,800
Period
prop.,
operations
for
per
income
for
$6,665,267 $12,965,687 $45,315,033 $44,510,976
and deplet. of
plants & equip.-
Calendar Years
6 Mos. End
Met
"Deprec.
%
from
1945—9 Mos.—1944
1945—3 Mos.—1944
Period End. Sept, 30—
Income
CONSOLIDATED INCOME
income
1942
-
$
14,283,936
9 Mos. End. foept. 30—
Net
income
Republic Steel Corp. (& Subs.)—Earnings—
has authorized the listing of 300,000
1943 '
'
89,739,052
conting
inc.
Net
Net
Net
stock (par $7.50).
$
2,803,000
other
last,
28,
>
123,109,960 103,405,902
.
V
544.433
taxes
Fed.
for post-war
and
the
162,
could
for
1400.
p.
.
income
Prov.
per share
to-holders of
March
tlepl.,
exps.,
abandon—
&
cents
7
on
.
funded debt
on
Prov.
Suspension—
ahd
the general proceedings and heard in advance so that
take early additional action if necessary.—V.
from
Commission
162,
intangible devel.
162,
privileges.—V.
carriers—express
25
Dec.
made
was
,1944
117,609,778
91,349,449
deprec.,
amort.
severed
of Common Stock—
York Stock Exchange
common
other
1896.
p. 1896.
Plough, Inc.—Listing
The New
and
•
(& Subs.)—Earnings-
1945
expenses
for
of
payable
1944.—V.
Corp.
income—
selling and gen-
Prov.
Exchange Commission has extended for an addi¬
tional 10-day period, the suspension of trading on .the New York Curb
Exchange in the common stock of company.
The Commission also or¬
dered that certain issues involved in the Red Bank Oil proceeding be
_
Oil
oper.
Costs,
$12,063,372 $13,675,705$114,948,582 $99,175,572
Red Bank Oil Co.—SEC Extends Stock
$7.35
shares
rail
to
Redemption— ^
dividend
a
value,
par
distribution
S
revenue—
The Securities
$2,570,715
$2.10
declared
no
similar
A
Quarter End. Sept. 30—
Int.
153
Earnings
trans,
"Payments
p.
2>3"'**9
1.800,214
633,833
470,947
taxes.
6Rail
"$1,541,400 $4,841,852 $5,060,620
$1,229,363
-
Canada
taxes
Minority ints.
Net
3,596,128
debt
profit
&
S.
State
50.649,892
deprecia—
term
lonz
on
Depletion
51,910,343
2
stock,
20.
March 30 and Dec. 8,
on
eral
12,527,073
12,628,828
general expenses, etc.
.
Nov.
on
common
Nov.
Shell Union
322.580
9,629
Co.—Partial
called
funded
on
—
Other
directors
the
record
9,360,801
107.688
15,823
Express taxes
been
Sharp & Dohme, Inc.—25-Cent Distribution—
on
$34,751,672 $34,691,2948300,103,697$260,305,911
19,53L249 173,304,897 150,172,663
21,227,212
inc.
As
revenues
River Power
have
for
redemption on Feb. "1, next, $210 000
gold bonds due Aug. 1, 1952, at 110 and interest.
Payments will be made at the Irving Trust Co., successor trustee
One\ Wall Street, New York, N. Y.—V. 160, p. 2080.
The
1945—8 Mos.—1944
1945—Month—1944
Charges for trans.— $34,371,374 $34,328,259$296,891,822$257,540,477
Other revenues &
inc.
380,298
363,035
3,211,875
2,765,434
Operating
Period End
There
of first mortgage 5^
'
Pittsburgh Coal Co*—Earnings-*
"
.
Railway Express Agency, Inc. (& Subs.)—Earnings—
General Manager of the Flour Millers' Ex¬
port Association, has been appointed Vice-President in charge of
transportation,
of Pillsbury Mills, Philip W. Hllsbuitt JSwt
announces.
The appointment becomes effective when Mr. McArthur s
successor
to
the Export Association position has been named.—V.
161, p. 2114.
■
McArthur,
T.
William
Salmon
word.
these
Charges to all other Chinese cities, with the exception
of
Hong Kong and Macao, are reduced to 40 cents for full-rate
messages.—V.
162, p.
2023.
classifications.
$4 P/eferred
15, 1946, to
quarterly dividend of $1 per share on the
stock, no par value, was also declared, payable Jan.
holders of record Jan. 2, 1946.- ,v
usual
The
1, 1945,
paid a year-end dividend of 30 cents on June
company
And
Monday, November 12, 1945
Changtu
messages,
16
Consolidated
1945, on the first' mortgage 4'A gold bond
certificates, due 1989, was paid on that date at office of Central Han¬
over Bank and T|ust.C0y Nfiw;vYork.-iwV..162^-|>. 1679.',* >
. .v ,
^ ^
The
interest
due Nov. 1,
net
earnings
before
year-end
ad-
■
Adjustments (estimated)
Earnings/per: share
—V.
162, p.
1029.
—
—^
$34,000,000 $40 000 000
(approximately■ $1 lnr^- c ^*1 osii'v;1
a.'.:
•
9i.au
THE-COMMERCIAL & FINANCIAL CHRONICLE
Number 4437
Volume 162'
-Jf
———
Output—
Southern Colorado Power Co.—Weekly
-
"of this
Electric output
totaled
kwh.,
2,051,000
week last year,; a
corresponding
is
Traffic earnings
—V.
$
$
162, p, 2190.
31,1945-^
,'
V
-
ry.
record
and
8
Nov.
Sept.
dividend
a
of
30
cents
27.
4,
like
A
last,
amount
and
disbursed
was
April
on
14,
July
'
1943
Depreciation
7 structures
1,754,053
&
equip.)
&
98,495,868
50,710,213
20,278,254
66,317
64,667
V
8,074
;
32,606,037
The ICC
5,536,667
4,009,021
1,750,000
13,628
1,000,000
246,557
238,189
18,407
23,387
—J————V
Traffic
Net
authorized the company to procure the authen¬
of not exceeding $6,000,000 of general and re¬
bonds, series F, to be held in the treasury in
exchange for a like principal amount of general and refunding mort¬
gage bonds, series D,
which are to be surrendered for cancelation.—
Oct.
on
and
*;■;.
only mail order
cash
investments
...
'
17
V.
car-service balances—Z>r_
and
receivable
balance
Miscellaneous
delivery
from
cond.
and
agents
supplies^—r
assets-
current
Gas
Co.—May Seek
Electric
&
Changes in
All
outstanding prior preference stock has been called for
redemption on Feb. 1, 1946, at $52.50 per share and dividends.
Any holder may receive the full redemption price including accrued
reorganization Plan—
•
appreciation in utility securities, there ia a
possibility that the company's reorganization plan, approved a year
ago by the SEC and now before the Federal District Court in Wilming¬
ton, Del., for enforcement, may be amended.
-'
This is disclosed in company's appreciation to the SEC asking the
latter to permit it to solicit authorizations from holders of its notes
and debentures, its $7 and $6 prior preference cumulative stocks and
its $4 and cumulative preferred stocks for use at the election of a
Due
market
stock
to
of: directors
board
Dec.
on
dividend
2024.
•
-
-
...
;
.
•
,,
,
at
by
time
any
delivering
i
Standard Oil Co. (New Jersey)-r-Extra
the
semi-annual
regular
and Dec.
\
1944.—V.
12,
162, p.
York
New
The
Stock
Exchange
has
Little
Mr.
be
will
said
the
that
cotton
listing of
R.
I.;
Lonsdale
the
Co.
group
Blackstone
Lonsdale
by
Mill
(par
Sales
It
to
E.
stated
was
strike
a
p.
that
Sales Lower
the
loss
in
sales
in
September
12,
1945,
and
continued
until
Oct.
largely
was
.the company's, main - plant in -Trenton,
at
Sept.
1440.
I.
be
offered
|
dated
-l.'
the preferred
of
cf
made
is
Reference
the
'•
'
the
Bonds
Philadelphia—To Expand Retail Outlets—
in
research,
the
to
a
to the
"Just
the
Maximum
octane
direct
number
scale
in
connection
with
Pfd.
vhat
> Talon,
9 Months
Selling,
aviation
to
shipping and
1945
Net
1944
$4,832,891
1,646,281
adm. exp.—.
gen.
State
income
$2,730,944
1,429,050
The
share
552,003
1,348,211
taxes
share of common stock
„
.
common
During the third quarter of 1945 operations resulted in a net profit
or $0.51 per share of common stock, after provision for
1945.
of $521,665,
all
total
-
common
declared- a quarterly
stock,
par
$1,
dividend of 15. cents per
Dec. 15 to holders of
payable
payable
similar
extra
Jan.
was
10,
1946
disbursed
to
on
holders
,
The
cessation
of
hostilities
cancellation
of
all
in
of
August,
the
that date company'^ operations, have .been
almost
all
of
which
have
been
for
1945,
company's
resulted
war
in
an
contracts.
-
almost
Since
confined entirely to zippers, 'if
use".
The procurement of im¬
line with its policy of-maintenance of
leadership in an expand-
September—
from railway
Net
from
railway——
—
.
"
i;Net$y;;oper. income.-.'-
!,039.031
Net
From"Jan.T—'
•
Gross
1945
$298,879
61,258
-
•
record
last
year,
17,943
railway—3,639,612
railway
—
K 1.760,734
?Net
from
ry^ opert •
1.753.360
1.412,313
$955,727
$1,771,341
$1,907,724
32,712
147,698
32,715
118,727
$1,189,081
108,545
$1,107,169
9;844
„
1944
$375,574
193,175
$314,725
'
160.847
.
,
income--
- •
1,367,703 -"i,832,652'
'2,129,140
.'"-i 828,905
1,774,399
-
7 568,256
.
;
298,718
•
$2,391,702
22,757
$2,144,217
127,542
-
..
680,000
1,070,000
;
t417;325
:
$946,675 ;
436,836
376,836
$1.10
$1.03.
;
74,019
409,959
74,158
"
;
$2.17
1,520,000
$848,945
376,836
-
$2.25
the effect pf the possible renegotiation of war
contracts upon the company's income for the six months ended Sept. 30,
.1945 and 1944, is not presently
determinable; the management is of
>the opinion that it will not be material.
*
■
' ;
NOTES—(1)
While
(2) Depreciation and amortization charges for
30, 1945 and 1944, aggregated $558,248
tively.—V. 162. p. 1680.
t
Sept.
S.
Realty
Opinion-^
.
-
&
the six months ended
and $489,947, respec¬
' '
' ' -
improvement Co.—SEC Asked for
.
Clancy has asked the Securities and Ex¬
an.advisory report on the plan of reorganizaits subsidiary Trinity Buildings Corp., which
proposal from the Sheraton Corp., - Boston. \
.
,r
John
Judge
W.
change Commission, for
Hion for company and
•
is
based
plan
of
■White
>
r%
on
a
Court
The
129.414
2,044,689
3.557,765
-
$471,536
436,836
—
Cap. shrs. outstandingEarnings' per; share..
1942
,
.
609,000
.
Net income
'
_
income
'
U.
->153,735: - .196,370;
3.934,341
2,270,553
charges——.
taxes on
Prov. for Fed.
Federal
,
;
credits—,
income——
Gross
Income
.
1943
$393,818
* : 227.446
•
•
income
income
Other
Dec. 20,
making
•"
from
f Net
737.577
$1,008,671
income.—-
oper.
Dividends
•
•
sales
Of
Chemicals, Inc.—Earnings1945—3 Mos.—1944.
1945—6 Mos.—1944
$12,998,214 $10,763,488 $24,531,863 $21,243,257
10,950,512
9,070,184 21,007,262 17,923,221
^
162, p. 884.
Toledo Peoria & Western RR^Earnings—Gross
civilian
material, especially cotton tape, which has been a major prob¬
lem in prior months, has somewhat improved .and company anticipates
increasing its volume of production during the coming months as fast
as it -can-obtain - the -necessary manpower.
L*'
v
proper
In
.
sales——
Net
cost
V;-'
Boles; Chairman of the board, states:
immediate
of
15,
Dec.
payments in 1944 50 cents per share.—V.
charges including anticipated income taxes.
T.- P.
"
26.
stock,
A
no
in¬
company
U. S. Industrial
Previously, the company paid regular quarterly divi¬
dends of 10 cents per share on this issue,
•
An extra dividend of 10 cents per share was also declared on the
* $0.71'
$1.82
the
Nov.
preferred stock
first
the
to
directors Nov., 5
on
record
$1,838,399 -.: $749:891
•
Net income per.
part,
the
of
applied, in
Tilo Roofing Co.,
Ended'Sept. 30—
adv.,
5.16
2.14
''
to be
Inc.—Increases Quarterly Dividend
7 jtate--Also Declares JSxtra of 10 Cents—
Inc.—Earnings—
for Federal and
are
of
holders
holders of first preferred stock,
previously having
rights except as provided in the amended certificate of
Period End. Sept.,30—
"
"
4.58
purchase of all presently outstanding securities
of the old company, in accordance with the contract of July 18, 1945,
between East Coast Public Service Co. and Galleher & Co., Inc., as
agent. *The purchase price to be paid is $628,493 plus an amount equal
to the excess of the current assets of the old company over its current
liabilities.
The excess of the net proceeds of the new securities over
the basic price of $628,493 will, therefore, add to the net current assets
of the company, either directly or indirectly through the purchase of an
equal amount of then existing net current assets of the old company.
Upon the consummation of such purchase, the old company will be
dissolved and Its assets conveyed in liquidation to the company con¬
currently with the issuance of the new securities.
greater
no
•Gross -
Prov.
4.32
$672,000)
at
Amortiz.
2.96 times
5.96 times
9.24
"
13.07
"
and pfd. dividends--;
(estimated
After
Deprec. &
;; Amortiz.
the
(in case of dividends being in arrears
for
four or more
quarterly periods)
or as provided
by law. are
granted one vote on all subjects for each shares of first preferred
stock held, the holders Of common stock having one vote on all sub¬
jects for each share held by them.—V. 162, p. 2192.
those years):
Before
Deprec. &
the bonds—
interest requirements on
PURPOSE—Proceeds
operation.
addition
''
'
i
which
to
in
corporation
operating results of that
interest requirements on the bonds—._
divs. (after maximum int. requirements).-
Total of maxunuix) interest
approximately doubling;its present marketing;;staff,
the company will purchase nearly $1,000,000 worth of new truck equip¬
ment-and is planning large terminal expansions in principal areas in¬
cluding New York, Philadelphia, Baltimore, Detroit and Syracuse.
—V.. 162. p.; 1556.V.* A ":'. 7
In
■
;
The
(3)
the
requirements would
dividend
average
Average
and
longer is the controlling factor
of quality in the manufacture of motor fuel," Mr. Pew said.
"All good
gasoline today, as ^ matter Of routine, should be knockless."
Mr. Eckert said Sun will place few, if any, of its new stations under
octane
too
so
preferred
by the
1
,
1,300,000 shares
a
preference to the second preferred stock and common
stock, as and when declared by the board of directors, are reduced
from $6 to $4.50 per shares per annum and the reduced dividends are
cumulative from and after Oct. 1, 1945.
300,000
200,000
during
effect
in
dividends
The
entitled
are
the mortgage.
been
:
that fuels can be provided
outran
we
as
gasoline,
and
follows
as
,
refining has
petroleum
point
a
covered
1
developed ahead of engine design
for any automobile offered
motoring public in the foreseeable future.
:
\
<•,
of
art
such
$400,000
listing
reduction in the number of authorized
stock from 250,000 shares (no par) to 172,-
shares by
shares of first preferred
319 shares (no par). ■
1,222,319
(2)
period (computed under the tax rates applicable in
territory.
Jr., Vice-President in charge of manufacturing
discussion of post-war automotive fuels, asserted
been
have
capitalization
new
interest
3940-1944,
years
the
incorporation summarized as follows:
capital stock is decreased from
of
authorized
The
(1)
to
the
-
authorized the continued
Stock Exchange has
New York
voting
EARNINGS—Had
Securities Corp.-~-Continued
172,319 shares of first preferred stock (no par), upon reclassification.
The stockholders on Oct.
15, 1945 adopted an amendment to tho
certificate
Outstdg.
"Unlimited
$250,000
250,000
:——
—.
"Except as restricted by the provisions of
wili spend in excess of $10,000,000 expanding retail out¬
starting with the construction of 400 service stations of a new
design during the coming 12 months, Samuel B. Eckert, Vice-President
in charge of marketing, announced on Nov. 4.
These stations will create approximately 2,000 direct new job oppor¬
tunities, but constitute only part of an over-all program of rehabilitat¬
ing Sun's marketing facilities, Mr. Eckert said.
The announcement was made coincident with the release of Sun's
new post-war motor
fuel, Dynafuel, throughout an 18-state marketing
Pew,
stock—
stock
securities,
new
Authorized
United
the
to
salaries are not in excess of
in the salaries of such employees
less - than $5,750.
*
- •*
Fruit Co., the following subsidiary
$5,750
to
Co.,
The
of
the
—
-
-
—
preferred
Common
The company
E.
trustee, transfer
■>
•*'
i
annual
whose
of $5,000 but
excess
United States & Foreign
follows:
V 1
' '
7-
States,
increase
an
in
Listing of First Preferred Stock—
public service corpora¬
operate the telephone
substantial area in and
a
of
issuance
the
CAPITALIZATION—Upon
capitalization of the company will be as
lets,
Arthur
in
properties of East Coast Telephones, Inc.,
The
Sun Oil Co.,
>
f-
authorized the listing of $81,602,£
B, all bearing 3% interest and
and outstanding.—'V, 162, p. 2192.
series
included in this program: Fruit Dispatch Co.; Meloripc
Boston; Banana Selling Corp.; Tropic Foods, Inc.; Jack¬
sonville Precooling Co.; and Unifruit Building Co.—V. 162, p. 1680.
,
COMPANY—Company is to be organized as a
tion under the laws of Virginia to acquire and
series "A"
and
addition
In
>£•
and Trust Co., Richmond, Va.,
State-Planters Bank
previous application to list common
April 2, 1945, and to A-12109, previous
dated
list said 33A% cumulative preferred stock,
company, dated Aug. 24, 1945.—V. 162, p. 1556.
:
agent and registrar.
A-11995,
to
company,
to
'
bonds,
companies are
Fruit
Virginia.
$10,000 semi-annually
mature
and
1945
15.
•■
-..
£
1990, which are issued
United
the
in
offered only to residents of
are
Oct.
stock.
••
City of. New York. has been ap»
stock, $3.70 series, no par value.
awarded
$5,000
sold at its
par amount to certain residents of Virginia, for the most
part residing in the territory served by the company.
are
the
salary increases of 15^>, retroactive to Oct. 1, 1945, havo
the great majority of domestic employees of this com¬
pany,
according to Arthur A. Pollan, Executive Vice-President.
Tho
increases
are
applicable to ail permanent salaried shore employees
stock, the common stock will be issued and
Bonds
Missouri—Registrar—
preferred
the
United Fruit Co.—15 % Blanket Salary Increases—>
earning
The new securities
Turner Construction Co.
end of 1945.—V. 162,
the
Blanket
ferred stock.
shares
the
to
before
begin
to
'
refunding mortgage
been
bankers offered
At the time of issuance of the bonds arid
announced plahs for the
Nemours
when
The New York Stock Exchange has
yield from 1% to 3 % acording to maturity.
(a)
;; 9L920
372,152
,
.
due Oct. 1,
adjoining the Northern Neck of Virginia.
application
£
Union Pacific RR.—Listing of Bonds—
bonds, 3% Series A at prices
ranging from 100 and interest to 102.66 and interest to
Offered—The same
its
awarded
been
•
expected
registrar of
See V. 162, p. 2063.
$400,000 first mortgage
Stock
has
is
to
and
Union Electric Co. of
Offered
($100) and dividend 1,000 shares of 4 V2% pre-?
Inc.; has
Co.,
section
height
The Chase National Bank of
Kaye has been elected Vice-President to fill the vacancy
by the-resignation of Wells Blodgett Priest.—V. 162, p. 2191;
at par
contract
pointed
'ii
—Galleher & Co., Inc.; Richmond, Va., recently
a
1680.
due
162,
Tidewater Telephone Co., Warsaw* Va.—Bonds
18
Construction
p.
John :A.
caused
third
of
to
Third Avenue Transit. Corp.—New Vice-President—
•
&
deNemours
duPont
stories'in
which
N. J.,
1945.—V.?
22,
-
1946-1960.
stock
22,820
$489,667
Building.
The addition
completed will result in the
Nemours Building occupying the entire area bounded by
10th, 11th,
Orange and Tatnall Sts., Wilmington. Del.
'1945—9 Mos.—1944
$1,885,910 $19,360,451 $16,380,081
$1,523,451
—_
and 36,729 additional shares of common stock,
upon official notice of issuance, in connection with the acquisition of
all
the
properties and assets, including the good will, except the
sum
of $25,000
in cash, of the Canfield Oil Co., making the total
number of shares of stock applied for 236,122 shares of 3%% cumu¬
lative preferred stock, series "A", and 2,692,602 shares of common
<
18,876
4,319
10,353
169,710
.
786,276
'—————
credits.
is
1945-^Month—1944'
30-£-
—
began
$100),
2,689
.
Turner Construction Co.—Awarded New Contract—^
>.
£
2191.
p.
Co, (& Domestic Subs.)—Sept.
Period End. Sept.
upon
mately
$263,580
.
Govt," taxes—II—93!550 '
construction
Berkeley Mill at Cumberland,
Blackstone, Mass.; and the Lonsdale
at
unadjusted
162, p. 1809.
The
J her moid
shares of 3%% cumulative preferred stock, series
and 37,500 additional shares of common stock (par
official notice of issuance, in connection with the acqui¬
sition of all the properties and assets, including the good Will, except
the sum of $25,000 in cash, of Margay Oil Corp.
tb) 6,122 additional
shares of 3%% cumulative preferred stock, series "A", and an addi-tional number of shares of preferred stock to be determined,
which
additional number of such
shares it is estimated will be approxi¬
"A"
$10)
44,472
—;
—
accrued,—^
Other than "uT "s."
—:V.
the
are
Bleayhery at Lonsdale, R. I.—V. 162,
additional
30,000
interest
Other
stockholders of Lonsdale
manufactured
fabrics
'
used
the
In
Dividend—•
the
unpaid
liabilities—$523,698
Analysis of accrued tax .liability'—U. S. Govt, • '
immediately in men's pajamas and shorts, and women's
and housecoats.
It is expected at a later date that they
also be used in Textren's home furnishings.
,
will
6t Additional Stock
authorized
.
»
negligees
an extra dividend of 75 cents per share
dividend of 50 cents per share on the
12 to holders of record
12, last, and on June 12
2062. >
;•>•>•
Standard Oil Co; (Ohio)—Listing
payable—————;
"'Total. current
"1
ized an offer of $10 a share to the minority
for "the balance of the shares outstanding.
Preferred
-
;
payable-^--—-- * "$300,434
wages
t ■<10,353
Accrued; tax. liability—'143,334
Other current; liabilities
£
—
., 19,977
matured
Unmatured
On Oct. 31, according to Royal Little, President, this corporation
acquired 155,431 shares of capital stock of the Lonsdale Co. out of
156,425 outstanding shares.
Textron's board of directors has author¬
par $25,
both payable Dec.
Similar amounts were paid on June
stock,
15.
Nov.
declared
directors have
The
and
capital
2,654
$5,948,966
$8,291,540
;•:
000.
t
598,443
5r128
Interest
to
certificates
Co., Providence, R. I.
' 64,454
/
;
,
;
1946,
Stockholders—
'
p.
1,
Hospital Trust
accounts- and
Miscellaneous. accounts
Buys Control of Lonsdale Co.—Offer Made Minority
.
v.,-.,'
5.
Feb.
to
Rhode Island
the-application , was a copy of a .letter which the
company intends to send to holders of the securities on Nov. 17 if the
SEC sanctions the solicitation of proxies.
This letter reads, in part:
:
"The stock market generally has advanced to a point which indi¬
cates that the securities to be distributed under the plan to the hold¬
ers of
notes and debentures would have a present-day market value
considerably above the values found by the Commission for those se¬
curities In November, 1944.
Also, any increases due to market values
enhance the equity of the holders of the company's preferred stocks
because of the effect on- the substantial group of securities, including
the common stock of the Philadelphia Co., which will remain after the
distribution to the note and debenture holders."
The management of the company, the letter continued, is keeping
abreast of the situation and will weigh the present as well as possible
future market conditions carefully before making a decision.
If developments during the remainder of the appeal period or prior
to the effective date show that the values of "our assets have in¬
creased to a point where the amounts involved appear to warrant tak¬
ing the risks attendant upon the time and costs necessary to revise
the plan," the company said, "we will immediately submit to the Com¬
mission
for its
consideration
an
appropriate amendment."—V. 162,
with
Included
-
Audited
■
V
•
1,763.
Total current assets—
the
of
654,780
-2
162, p. 2191.
Textron Inc.—Calls Prior Preference Stock—
12,818
receivable—; 69;738
accounts
Materials' and
Other
:
SELECTED LIABILITY ITEMS—
Standard
:-'t'
,
: $502,090
Temporary
funding mortgage 5%
,
ments—equipment.2,899
unadjusted debits————,—.--.^
'630,782
■
Cash
15,373,452
Texas & Pacific Railway—Bonds Authorized—
tication
.
.
; w'—
Other
;
,
,
$91,759
•
'
1944
1945
and better-
for additions
Special deposits—
.
''
31
AUG.
SHEET,
ITEMS—
ASSET
■
.
42,373
$1,646,521
Expenditures -(grots) for additions and better-
70,352 065
-
8,333
BALANCE
(gross)
5,245,042
railway.—.«
92,632,094 100,393,580
Net from railway
35,964,083
44,551,198
Net ry. oper. income.—
11,094,277
9,506,815
'Deficit.—V. 162. p. 1679..
^ "
;
41,541
$1,340,518
ments—road
■
2,524,070
from
5,178
•
"
(way
$1,688,894
$1,382,059
$194,358
$189,180
5.183
$102,014
chgs.
SELECTED
•'
728,310
r'-\Vi'■;: ;V"r•;
"
Expenditures
.1942
$9,822,835
2,117
$107,197
fxd.
$1,690,773
1,879
$1,384,176
145
;
fixed
for
after
Inc.
•'
14,
$194,503
"255
^
deductions
Interest
V
1944
$107,452
—
RR.—Earnings—
$8,599,955 $10,710,561 $10,451,422
2,171,818
4,453,137
4,239,753
income—
oper.
income
charges
payable
162, p. 1556.
1945
raUway
railway
—
deducts, from inc.
avail,
Inc.
share
per
out of current net profits,
n,157,771
Gross
reported in 1944.—V. 162, p. 1809.
sales were
value,
From Jan.
Spiegel,Ipc!* and
comparison with 1944 sales is submitted because
from
from
Net
$7,098,468 $53,091,073
subsidiaries.
No
10 Mos,
Month
,.
Include mail brder and retell salea of
These figures
Total
^
'
company's
sales—
'Consolidated-. net
of
June
8,
declared
par
September—-
and Treasurer, said the proceeds will
working capital and for other
•corporate purposes in; connection with the Spiegel expansion program.
'
19
10 and Dec. 8, 1944.—V.
Gross
Interest at the rate of 2;
-Walter A.-Gatzert,- Secretary
Period Ended Oct.
holders
to
March
Net
*
the
income—
1945—8 Mos.—1944
$1,349,761 $1,678,917
34,415
11,856
7 1945— Month—1944
$105,255
$192,525
'-.-p- 2,197 7
1,978
31—
income.—
oper.
ry.
'
'
,
„
increase
Oct.
on
capital stock, no
7
Texas & New Orleans
2 announced that arrangements have been
completed for a $7,500,000 term loan with a group of banks headed
by the First National Bank of Chicago
and including the Chase
National Bank of the City of New York, Bank of the Manhattan Co.,
New
York; Manufacturers Trust Co., New York; Harris Trust and
Savings Bank, Chicago; First National Bank in St. Louis, and Amer¬
ican; National Bank and Trust Co.; Chicago. ;
i The loan calls for serial
payments over a period of 10 years with
to
Period End. Aug.
Net
Other
Loan—Sales—
Spiegel, Inc.—$7,500,000 Bank
used
directors
the
on
'. The corporation on Nov;
be
SELECTED INCOME AND BALANCE SHEET ITEMS
compre¬
--->•
Westinghouse Electric Corp. below.-~V, 162, p. 1211.
The
on
Dec.
Oct.
"
a
Taylor-Wharton Iron & Steel Co*—30-Cent Dividend—
9,149,591 274,122,383 288,313,728
7,644,981
—
approved
Misc.,
1944
1945
Period—
recently
■
Sale of Meadville Plant—
Jan. 1 to Oct. 31
1945
1944
,$
$
End. Oct. 31
10 Days
,
has
management
It is believed that present working capital
to meet the financial requirements of the program as now
adequate
Ry*—Traffic Earnings—
)
the
i' contemplated.-
See
Southern
market
hensive expansion program.
3, 1945,
for the
decrease of 0.27« .—V. 162, p. 2190.
for. the. week ended Nov.
compared with 2,056,000 kwh.,
company
as
zipper
ing
&
judge
1
A
also
internal
Case,
submitted
Clancy
-
in^C
TT
to
the
SEC for consideration a
reorganization of the
attorneys
requested
ICO
n
two companies
the debtor.
the SEC to - file -
for
1AJ 1
,
■
proposed
submitted by*
;
its advisory
..
..
report by
'IV.;/,';
United Transit Co.—Bonds and Stock
issue
entire
Nov.
and
103%
Co.,
maturity
as
whole
a
in
or
to
of $200,000 each May I
1, 1946.
The debentures will be re¬
part by lot at 104% to Nov. 1, 1947; at
1950; at 102% thereafter to Nov. 1, 1955;
1, 1959 and thereafter at 100%.
Sinking
1945—3 Mos.—1944
$8,094,147
$6,837,845
7,028,926
6,225,848
$15,123,073 $13,063,693
1,
Nov.
redemption prices begin at 102%.
.aV,
preferred stock will be convertible on or prior to Nov. 1, 1960
(or until the date fixed for redemption if redeemed prior to that
date) into common stock at the rate of four shares of common for
,
Total
______
Earnings before Federal
Prov. for Fed. Inc. taxes
$712,296
283,754
$2,199,531
879,817
made for
a
purchase
and retirement of preferred shares if available in the market at or
below $50 per share.
After Nov. 1, 1960 a sinking fund equivalent
to 5% of the amount of preferred shares then outstanding will operate
annually to provide for the retirement of preferred shares.' Until
Nov. 1, 1950 the preferred shares are subject to redemption at $53.50
a
share; thereafter to Nov. 1,. 1955 at $52.50 a share; thereafter to
Nov. 1, 1960 at $52 a share; and thereafter at $51 a share, plus in
each case an amount equal to accrued dividends thereon.
Dividends
value preferred.
Provision has been
market fund of $100,000 annually, to be available for the
share
of
$50
par
$1,319,714
751,368
$1.76
be cumulative from
will
May
1,
Nov.
1945, and payable quarterly on Feb.
1,
Aug. 1 and Nov. 1.
states that application will be made to
the New York SCbck Exchange.
Company
stock
on
Harriman
Ripley
&
listed
is
Inc.,
Co.,
of
summation
Co. Act—
its subsidiaries have been exempted by the
of the Holding Company Act following con¬
sale of the assets of the Central Gas Utilities
the
subsidiary. The SEC continued, however, a restriction imposed
on
the earned surplus of Central Kansas Power Co., a subsidiary.
<
At the same time the SEC ruled that the holding company registra¬
Co.,
i
'
Wholesale
Retail
sales
sales
3,214,000
$2,237,000 $21,568,000
2,367,000 23,026,000
$6,494,000
sales
preferred stock who desire to accept the exchange
offer must deposit their certificates for exchange, while the exchange
offer is in effect, with the company at its offices, 122 West Washing¬
ton Avenue, Madison 1, Wis., or with First Wisconsin Trust Co., 735
North Water St., Milwaukee 1, Wis.;
*
$17,966,000
19,473,000
$4,604,000 $44,594,000
$37,439,000
$3,280,000
______
units in
operation
preferred stock are deposited for
the exchange offer is in effect, the company at its
withdraw or abandon the exchange offer, in which
event all shares of old preferred stock which shali be deposited for
exchange shall be returned, or (b) may exchange, in accordance with
the terms of
the exchange offer, the shares of old preferred stock
so deposited;
•
•
v
.*4.Cky'.v-"
If more than
120,000 shares of old preferred stock are deposited
for exchange, while the exchange offer is in effect, the number of
deposited shares to be exchanged will be reduced pro rata, as nearly
as may be
without the issue of fractional shares, to a maximum of
120,000 shares.
<;
at
option
a
tion of five voting trustees of stock issued by United Utilities no
longer is effective. The trustees are Henry J. Allen, A. Z. Patterson,
Louis R. Gates, Ira Snyder and Henry S, Buzick.
According to the trustees, the voting trust terminated Jan, 1, 1944,
and
shares
of
the
voting stock not transferred to the beneficial
owners
in exchange for voting trust certificates have been deposited
with the City National Bank & Trust Co. of Kansas City, to carry
on
the
exchange without
power
to vote.
Approximately 6.7%
of
the voting shares
still remained for exchange on Sept. 15,
1945,
the trustees said.—V. 160, p. 156.
Offer—
this company have
of
directors
The
the
the
of
and
1
declared
1,
Sept.
stock
common
of
last.
dividend
a
payable
$10,
par
Distributions
15.
June
have
stock,
common
Nov.
80-Cent Dividend—
40
In
$5
cents
80
made
year,
of
on
contemplated.—V. 157, p. 1192.
before the consummation of
California.
and
a
000
the
On
c,
'*!
$5 par shares, the company in 1944 pajd the following
March 1, June 1 and Sept, 1, 50 cents each; and Nov. 1, $1.
'<jJi-V''
'
"V
'u '
''
,
A"
Net
directors
The
A.—Votes Interest Payment—„
have voted to pay 2
interest on the
income debentures of June 30, 1955, Delio
convertible
ry.
pro/it for the fiscal
ended June 30, 1945, was $182,484.
••
With respect to payment of additional amounts of interest in the
future, it was pointed out that the whole island of Cuba suffered from
a severe
drought during the last year and a half which not only re¬
year
•
duced
production but which also increased the cost
sugar
of
produc¬
tion.
«
•vv-'-i
"In? addition,"
and
most
costs
"the rising trend of labor
continued,
of
continued
during
and
1945
A "The increasing cost of living in Cuba has been met by Government
decrees
and
will
sugar
be
next
year's, crop
k. "Finally, there is
the
In
United
view
of
during
season,
yet'
as
firm ground for believing that these
offset by higher prices paid by agencies
no
-rising costs will be adequately
Of
evidence that the cost of
the current dead season
every
higher
even
States
Government
other
or
customers."
for substantial sums of
money for the purchase
equipment, including additional railroad facilities the
directors, according to the statement, have decided that only a very
conservative interest policy can be justified in the
immediate future.
and
iP1®. directors also feel that, under existing conditions,
debenture
debt
♦*-V.
the present
of
the company is far too large, and have decided that
of those required for
necessary expenditures and
Payments should be devoted to the reduction of the debt.
funds in
any
mo°est
excess
162, p. 1441.
,&•••.$
Virginian Ry.—Earnings—
'•>
September—
Gross
Net
from
1945
railway
Net
railway......
oper. income.
ry.
1944
$2,079,381
—
from
584,902
498,022
1943
V.
Gross
from
Net
ry.
railwayrailway——
income.
from
Net
—V.
$2,201,726
1,074,344
1,117,471
713,897
613,007
22,239,699
19,834,299
19,912,288
8,191,065
5,600,855
9,200,537
9,848,113
6,111,941
5,414,913
5,637,690
5,618.774
162, p.. 1810.
g&
Waldorf System, Inc. (&
•
Period End. Sept. 30—
-
Total
$4,335,912
profit
tEarn, per com.
* After
Subs.)—Earnings—
1945—3 Mos.—1944
sales
•Net
;
ry. oper. income■"Deficit.—V. 162, p,
139,762
—
share.
$0.39
taxes, including
reserves
$0.80
for
have
two shares of
The
>
the
face
$10
privilege
common
debentures
will
of
of
a
senior
each
share
debentures, due July
of
preferred
1960,
1,
and
to
buy 25,000 additional shares at $12.50
Asset
value
Number
Total
of
resources
increase
an
portion
and
p.
1810.
an
of
-
manufacturing plant from
where industrial heating
*
summation
the
$3,800,000 to be evidenced by the
offer,
exchange
in installments ox
and to retire. itk
and
outstanding funded debt
adjusted to give effect to the
shares of 4'/a% preferred stock
of common stock ($10 par) for
$4,500,000 and to the retirement (by exchange and redemption), of
167,663 outstanding shares of its 6% and 7% preferred stock ($100
par), to the issue by the company of $3,800,000 2% serial notes and
to
the
retirement of $4,070,000 outstanding
2V4%, 2%^. and
unsecured
serial
notes
due
serially to Aug.
1, 1951, and to the
changing of the
146,185 outstanding shares of its common stock
(par $50) into 730,925 common shares (par $10), are as follows:
- v
First
mortgage
bonds,
series A, 3%%, due
authorized
CAPITALIZATION—The
and
capital
stock
the
of
company,
issue
by the
company of
120,000
($100
par)
and of 450,000 shares
Aug.
*
2%
engaged
Is
of
company's 2% serial notes maturing semi-annually
$250,000 each and a' final installment of $550,000
.outstanding 2V4%, 2%% and 3% 'serial'notes; '
Authorized
DIVISION
jet propulsion unit for the Navy
In other fields.
This project is
FINANCIAL CONDITION
all this expansion and improvement
selling of new stock.
As of Oct.
26,
the company's balance sheet shows cash and government se¬
curities of $157,338,546.
It is directing every effort to complete the
settlement of its terminated contracts with the Army and Navy so
that
it may collect approximately $70,000,000
owing to it by the
Government.
If there is delay in collecting this amount it may be
necessary
to borrow additional money from the $200,000,000 V-type
credit which was arranged with the banks in 1943. The company has
used only $30,000,000 of this credit to date.—V. 162, p.
1558.
1,
1971
Preferred
___
—
serial
unsecured
stock
notes—
4V2 %-'
___" *20,000,000
(par $100)
stock
value
Par
:
cumulative
tCommon
11,809,250
share
per
12,000,00®
12,690,750
.
.
$10
Outstdg/
$40,000,000 $30,000,000
'3,800,000
3,800,00®
'
stock will be increased by the proposed
amendment to the articles of organization to $28,800,000 divided into288,000 shares
(par $100)
issuable in one or more series.'
tThe
authorized common stock will be changed and increased by the pro¬
posed amandment to the articles of organization from $12,690,750 di¬
vided into 253,815 shares of par $50 each, to $12,700,000 divided into
1,270,000 shares par $10 each.
v
:v' (--::
authorized
"The
preferred
$19.05
1,108,150
!'X-
Chlorine
Westvaco
or
Products
Corp.—Listing
of $3.75
Cumulative Preferred Stok—
The
York Stock Exchange
New
shares of
Wis.,
which
include
will
acceptances of
the
the
from
from
'
.
railway—
from
railway
Net ry. oper. income
—V. 162, p. 2065.
from
$2,218,347
778,055
347,513
244,778
railway
income
oper.
From Jan. 1—
Gross
289,209
exchange offer.—V. 162,
Wisconsin Public Service
The
directors
the
on
record
May
on
9.
Oct.
stock,
common
Nov.
A
18,904,093
20,327,351
17,861,823
6,704,806
2,480,793
.8,394,929
2,928,073
6,886,007
2,165,747
;
.
31
no
declared
par
$17.60
917,945
a
value,
similar distribution
output of this corporation for the week ended Nov. 3,
totaled
11,300,000 kwh., as compared with 11,280,000 kwh.,
corresponding week last year, an increase of 0.2%.—V. 162,
p- 2l93,
Period End. Oct. 31—
,
dividend of 10 cents per share
payable Nov. 15 to holders of
made on Feb. 15, March 15,
June 15 and Aug. 31, last, and on Feb. 15,
15, Nov. 15 and Dec. 15, 1944.—V. 162, p. 924.
classes
Two
the
for
first
with
bondholders
proposed
mortgage
general
by
4%
have
protested
y
1945—10 Mos.—1944 •?
$
?>''•;$
39,789,492 362,409,392 351,168,955
.$
40,375,216
'
162, p. 1810.
May 15, June 15,
the reorganization
plan
-
*
has purchased two business organizations in Chi¬
cago, formerly known as Service Industries, Inc., and Service Products
Co., with annual sales of $2,500,000.
• H.
J. Woodall, President, said that additional purchases are under
consideration to increase the distribution of Woodall fabricated fibrecorporation
board" parts.
of the stockholders to consider an increase in
capitalization and the issuance of preferred stock has
meeting
authorized
adjourned ,to Nov. 27.—V. 162, p.
Yale & Towne
2065.
tho
beep
,
Manufacturing Co.«-4Earnings—
.
1945—3 Mos.—1944
1945—9 Mos.—1944
$1,655,289
$1,667,791 $4,554,289 $4,953,786
2,308
5,072
6,951
14,l6a
Period End. Sept. 30—
Net
the protective committee for holders
bonds and have filed a second plan
Inc.—Expansion—
Woodall Industries,
The
earns,
from
opers._
Res.
$1,672,863
$1,657,597
Total
Depreciation
for
excess
inc.
and
profits taxes__
222,720
221,194
chargesi__
Fed.
$4,561,240
.
690,055
■
1,149,123
1,160,114
$4,967,954
643,010
\
3,459,955
3,096,948
the ICC.
The
of
of
company
Sales Up 1.5%—
1945—Month—1944
$
was
15,
2065.
the
for
The
Wisconsin Central Ry.—New Reorganization Plan—
of
p.
Corp.—Weekly Output—
Electric
1945,
—V.
1942
$2,329,984
$2,153,820
961,472
914,438
374,046 *
275,150
\
19,876,962
.7,311,279
2,604,104
manage a group of dealers,
for the purpose of obtaining
1943
Will & Baumer Candle Co., Inc.—10-Cent Dividend—
1944
"
dealer-manager,
Sales
1944
*
-vV° '-1945';..
railway—_
$1,770,534
Ave^
East Wisconsin
110
Co.,
has agreed to form and
Milwaukee,
(F. W.) Woolworth Co.—October
authorized the listing of 97,000
(no par).—V. 162, p. 1558.
has
September—
ry.
Wisconsin
DEALER-MANAGER—The
$3.75 cumulative preferred stock
Wheeling & Lake Erie Ry.—Earnings—
■
$1,904,841
fund
to make
borrowing
additional
Interest received
$19.60
;•'
hopes
company
without
Dec. 31,
1945
1,174,770
the fund increased
or
value
iThe
Aug.
June 30,
to $22,990,734 Sept. 30, 1945,
over the June 30,
1945 figure.
The equity
comprising common stocks and certain bonds
purchased
primarily for appreciation amounted
to
increase of about 7V2% over the June 30
figure.—V. j.62,
of
of the
preferreds
63.49%
1945
share
per
share.—V. 162, p. 1442.
Sept. 30,
/
shares—.
a
Asset Value—
.
•
,
*
intention to offer for sale at competitive bidding $12,000,000
amount of preferred stock, the dividend rate and price to be
to be fixed by the bidders, and to use the proceeds from .the
sale thereof, together with the necessary additional moneys from the
company's treasury, to
retire $12,000;000 par amount of presently
outstanding 7% and 6% preferred stock.
The company has also arranged to borrow from banks, prior to conr
present
paid
;
AVIATION GAS TURBINE
company
of
with
Wellington Fund, Inc
■
in the development' of ft new type of
which it is hoped will
well'beyond the experi¬
mental stage but Its ultimate value is yet to be determined.
It is
anticipated that very substantial business may develop in this field.
The
company is building and will operate for the Navy an aircraft
gas turbine and jet propulsion research laboratory, and is expanding
4tsiMjnaunfacturing plant for the production of these engines at its
Sou$r>Philadelphia Works.
These projects will cost approximately
$9,ob0;OOO( of which $6,000,000 will be provided by the Government.
The
turbine
be
funded
obligation of the company
interest payable
semi-annually.
All corimcn stock of
the cpmpany was held
by members of the Disney family until last May
when Atlas Corp. bought
25,000 shares at $10 a share, with an option
unsecured
*
..
'
Net
stock.
be
A
equipment will be manufactured.
Net
exchanging
4%
in this field.;
the
Net
Recapitalize—
1
amount
its
adelphia, was purchased this year.
Recently the company also ; bought a
Talon, Inc.,
at Mea^ville, Pennsylvania,
for Federal income
The corporation on Nov. 2 offered
holders o! its preferred stock a
recapitalization plan Involving exchange of
preferred shares for deben¬
Holders
,
company
Gross
Walt Disney Productions—To
stock
Corp.—New Plant Purch., Etc.
report to stockholders, on Oct. 30
vr •. :V
"
par
1,298.421
610,198
Is expanding its lamp factories and recently pur¬
lamp business of the Ken-Rad Tube & Lamp Corp. of
Owensboro, Ky.,
and is continuing the manufacture of lamps In
that city./4
■.
•
The business of the Atlantic Elevator Co., with a plant in Phil¬
The
chased
$0.92
outstanding.—V. 162, p. 884.
stock,
510,654
capacity through the purchase
of
new
plants.
The latest acquisition was the B. F. Sturtevant •
Co. of Boston, the largest company in the air handling business in
the
United
States,
employing about 2,500. persons.
Westinghouse
expects to concentrate its air conditioning business in this Division
1945—9 Mos —1944
and excess profit3 taxes and is
after $44,700 in the 1945
periods and
1944 periods reduction in
excess profits tax reserve as
result of sale of certain real estate,
ton 426,100 shares
and common
204,341
1810.
corporation in an interim
stated in part as follows:
The corporation has Increased
$49,100 in the
tures
3,972,196
1,758,020
3,077,922
1,595,158
416,063
The
$4,511,755 $12,887,831 $13,197,570
168,536
343,614
394,584
$0.32
depreciation and
4,223,501
662,731
262,074
Westinghouse Electric
1942
$2,329,492
-
22,446,032
oper.
97,883
3,958,170
-
additional $4,500,*
the exchange offer, an
amount of common stock.
par
,
$2,281,525
841,642
573,397
From Jan. 1—
■■■■
50,046
railway
the need
Of materials
railway—
from
from
.
increasing wages and there is
producing
*45,878
income..
oper.
and should be more of a factor
the statement
other
manufacturing
no evidence of being checked.
shows
1942
$425,681
Net
outstanding
Nunez Mesa,
President, announced on Nov. 2.
Payment will be made on or after
Jan. 1, 1946, at the office of Glore, Forgan & Co., paying agent, or at
the company's office at Media Luna, Province of Oriente, Cuba.
Net
1943
$417,530
153,381
From Jan. 1—
Net
6%
1944
$455,437
166,418
40,444
*455,138
railway-.
from
Gross
'•
■
1945
$433,276
railway-
from
Net
Vicana Sugar Co., S.
512.
p.
now
These
Alabama—Earnings—
September—
Gross
162, p. 2192.
j
on
Western Ry. of
the par value of
by the transfer
old
dividends:
~-V.
ask for bids
old preferred stock
proceeds, together with moneys from the company's treasury,
will be used,-on or before the consummation of the exchange offerj
to call for redemption at $110 per share
and accrued dividends, to
the
date of
redemption $4,766,300
of old preferred stock, thereby
reducing the outstanding preferred stock to $12,000,000 par amount.
Consummation
of
the exchange offer will then effect the
desired
reduction in the annual preferred dividend requirement. To facilitate
the distribution or sq,le of the common stock, it is proposed that each
share of common stock (par $50>
be changed, by amendment of the
articles of organization, into five shares of the par value of $10 each*
Should the exchange offer not be consummated, it is the company'*
Public Service
stock.—See Engineers
property or
Public Service Co. above.—V. 155,
to $10 each,
'
■■
The plants being acquired from Western Pipe will be operated as
wholly owned subsidiary of Consolidated under the name of Western
Pipe & Steel Co.
No change in the present operating management is
Arizona
1,
$646,405 from surplus to capital account.
RECAPITALIZATION
OP
PLAN
The
record
March
on
may
outstanding consists of $10,606,800 7%
preferred stock and $6,159,500 6% preferred stock, a total par amount
of $16,766,300.
The annual dividend charges thereon are $1,112,048.
The management desires to improve the capital structure of the com¬
pany
by reducing its outstanding preferred stock to not exceeding'
$12,000,000 par amount and the annual preferred dividend require¬
ment to not exceeding $540,000, and by increasing the common stock
to an amount substantially equal to the preferred stock.
To assist the company in carrying out this program, North West
Utilities Co.,
which now owns 97.12%
of the outstanding common
stock of the company, will purchase from the company at par, on o*
Co.
share
per
holders
to
1
were
last
of
October
changed from
was
of
Dec.
each
cents
(a)
*
Consolidated Steel Corp.
Western Public Service Co.—Engineers
Van Raalte Co., Inc.—To Pay
while
exchange
accepted an offer of $6,217,373
Alden G. Roach, President of the latter,
announced Sept. .25.
Acceptance of the offer is subject to the ap¬
proval of the majority of the stockholders of Western Pipe & Steel
Co. he stated,
* r*
The purchase of Western Pipe will Increase the scope of Consolidated's products and services and extend its field of operations by
entry into the San Francisco Bay area, Fresno, Bakersfield and Taft,
Calif., and Phoenix, Ariz., Mr. Roach said.
The combination would form the largest steel fabricating unit of
its kind in the United States.
The combined facilities would serve
the
Gulf area,
Mexico and Central and South America, from its
plants at Orange, Tex., Mr. Roach said, and the western slope of
the United States, the Orient and the Philippines from its plants in
The directors
120,000 shares of old
less than
If
the end of October, 1945 were 238 as
against 239 at Oct. 31, 1944, while wholesale accounts were 1,495
as compared
with 1,465 a year earlier,—V. 162, p. 1810.
Retail
15, 1945, unless extended by the
•
The holders of old
1945—10 Mos.—1944
1945—Month—1944
——:
Combined
exchange offer will expire Nov.
The
company.
October Salesperiod End. Oct. 31—
from
company and all
from all provision
SEC
751,368
$0.57
Western Pipe & Steel Co.—Accepts
the
in
United Utilities, Inc.—Exempt From Holding
The
$1.02
earnings—
list the preferred
the amendment as
principal underwriter of the proposed financing.—V. 162, p. 1680.
*
1,
$428,542
751,368
Net
stock in exchange for ?
of old preferred stock on a share for share basis and
to pay in cash to
the holders of old preferred stock, in respect of
each old share exchanged, (a) $5 in cash (being the difference between
$105, the issue price of the new preferred stock, and $110, the re¬
demption price of the old preferred stock)
and (b> an additional
amount in cash equal to the difference between the accrued unpaid
dividends per share on the old preferred stock and on the new pre¬
ferred, stock, to the date fixed by the company for the redemption of
the shares of old preferred stock which are not exchanged.
$597,321
751,368
$0.79
$770,510
outstanding
Earnings per share
Shares
-
120,000 shares
$993,176
395,855
The
„
106,068 shares of 7% pre¬
(par $100) to holders of its outstanding
ferred stock and 61,595 shares of 6% preferred
■
,,,
$1,279,632
509,122
taxes—— •:
income
abovev.—V. 162, p. 505.
Wisconsin Power and Light Co^-Exchange Offer—
issue 120,000 shares of 4'/*% preferred stock
$38,097,757 $32,830,762
Wholesale
Co.—To Sell to Cooperative
Minnesota Power Corp.
Eastern
Company is offering to
1945—9 Mos.—1944
$19,812,213 $17,106,259
18,285,544 15,724,503
sales—Retail—
Net
Wisconsin Hydro-Electric
See
Co.—Earnings-
Western Auto Supply
of • dividends under tho
the present figure of
$71,860,578.
Annual requirements ahead
would be $1,690,110, compared with
plan
f1,936,455.—V. 162, p. 2193.
company
Period End. Sept. 30—
payments
fund
each
of
Inc.—Registers with SEC—
has filed with the Securities and Exchange Commis¬
sion
a
registration statement for 173,163 shares of ($1 par) stock
which will
be offered
under subscription
warrants and to officers
and employes under a stock purchase plan.
It is not contemplated
that any part of the issue will be underwritten.—-V. 162, p. 2193.
The
May
Nov.
thereafter
and
Inc.
through
commencing
thereafter to
101%
at
by
1
deemable
&
Western Air Lines,
Offered—Harri-
associates on Nov. 9
offered $6,000,000 4% sinking fund debentures due Nov.
1, 1960 and 80,000 shares of cumulative 5% preferred
stock (par $50). The debentures are priced at par and
interest and the preferred stock at par and dividend.
The preferred stock does not represent new financing.
The debentures are to have a sinking fund calculated to retire the
Ripley
man
Monday, November 12, 1945
FINANCIAL CHRONICLE
;THE COMMERCIAL 8c
2314
is sponsored by the protective committee for holders
Duluth Division & Terminal first mortgage 4%
gold
plan
new
Superior
&
for holders of first and refunding
mortgage gold bonds.
It provides for a capitalization of $55,709,378
for
the reorganized company,
compared with present capitalization
bonds
and
the protective committee
$?*Net
profits
Earnings
♦After
per
share-.—
$287,280
$0.41
$290,029
$774,237 > $864,989
$0.59
$1.59 V." $1.78
for the renegotiation of .war
providing an estimated reserve
contracts.—V.
162,
p.
611.'
r
.
,
Volume 162
'
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4437
State and
2315
City Department
BOND PROPOSALS AND NEGOTIATIONS
must be
less than par. The right
acceptance or rejection of all
any part of the bonds tendered
'
fc.Ui '
of
:
Florence,}■ Ala. i
Bond
v
City
Offering:—L.
Clerk,
bids until
Coburn,
B.
sealed
receive
will
11
or
on
a.m.
Nov. 20, for
the purchase of the following re¬
funding bonds, series of 1945, ag¬
gregating $1,245,000,
ceeding 2% interest:
not
at
ex¬
after
livered to the
tenders may
of
accepted
be
can
de¬
Secretary.
v
be obtained, by
re¬
quest, at the office of the Board.
Arkansas
(State of)
Net" Highway
Revenues
,
'
.
000 in
1966 to
1969, and $35,-
^/000 in 1970.
Dated Dec. 15, 1945. Denominaition ; $1,000. Any or: all of said
Decided
Increase
marked
a
bonds
having
ihore' than
date
will
option
a
10
be
of
stated maturity of
years
from their
redeemable
the
City
the
at
Dec.
15,
1955, or on any interest payment
date thereafter at a price equal to
the par value of such bonds and
accrued
interest
on
thereon
the
to
date fixed for redemption, plus a
premium equal to six months' in¬
terest thereon at the rate which
the bonds bear on the redemption
date.
Rate
of
interest to
multiple of Vi
and
must
be
in
be
a
or one-tenth of 1%
the
same
for
all
•Bank of
Florence,
at the Chase
New York City.
National Bank,
Unless all bids
or
are
rejected the
Award will be made to the bidder
complying with the terms of sale
and
offering to
purchase
said
bonds
cost
at
the
to the
lowest
net
to
City.
reject
livery of
received
the bonds the income
by private holders from
bonds of the
type and char¬
by the terms
Federal income tax law*
same
acter shall be taxable
of
any
the successful bidder, may, at his
election, be relieved of his obli¬
gation to purchase the bonds and
in
such case the deposit accom¬
panying his bid will be returned.
The
approving opinion of Vandewater, Sykes & Heckler, of New
City, will be furnished to
York
the purchaser without cost. A cer¬
tified check for $25,000, payable
to the
City, must accompany bid.
rationing
re¬
in
are
under the all-time high
1941-42, Fred J. Herring, head
of the Highway Department Di¬
vision of Statistics and
Analysis,
has announced.
The
net
highway fund derived a
$1,111,870.42 from gross
of
collections of $1,290,204.35 during
October,
topping
the
previous
to
162,
1936—were awarded
p.
Kenneth
A.
Ellis
&
Co.,
of
Phoenix, as 3s, for the first \}k
Sears, &nd l%s thereafter to ma¬
turity, at
price of 100.05,
a
a
net
interest cost of 1.72%. Dated June
I,
1945.
Denomination
$1,000.
These bonds are due $1,000 June
'*1, 1946 to 1956.
bidder
The next highest
the Refsnes, Ely, Beck
was
& Co., for 3%s and l%s at a
price
of 100.009, a net interest cost of
$6,778,000,
increase of
an
more
than
$1,000,000 over the
same
period in 1944-45. Since highway
revenues
the
on
bond
from April 1 to the follow¬
year,
ing
based
are
March
continued
a
return
the
to
enue
31,
should
crease
annual
in¬
rev¬
level, Mr.
The highway fund
reached an all-time high of $15,549,143 net in 1941-42 and dropped
sharply during the war.
pre-war
Herring said.
Bond
Tenders
Wanted—F.
October's
net
to
revenue
the
575.88 to the counties.
November
$1,260,-
of
City
that it elects to
announced
has
said
City
under
date
of June
1,
pur¬
All bonds
the
lowest
purchased will be at
offering prices, which
the
request
Cali¬
permission to ask voters
District to
of
power
approve
is¬
an
Angeles County Sch. Dists.
(P. O. Los Angeles), Calif.
Bonds
Voted—At * the Nov. 6
election
the
voters
said
are
to
1940, to call all the outstanding
have approved the issuance of the
following bonds: $400,000 Alhambra Sch. Dist., and $250,000 Mon¬
the ' denomination
in
of
$1,000
The holders of said
each.
interest, on and after Dec.
1, at
the Union National Bank, Little
Hock, and holders of said certifi¬
cates
further advised that the
are
certificates shall
est
not
and after date
on
vided
rovia Sch. Dist. bonds.
certifi-l
cates are directed to present them
for payment, at par and accrued
for
funds
bear
Default—The
Mr.
their
time/
"
bonds
«
Bond
Newport,
Issue
$230,000
000 in
55,000
1972
are
to
1975.
All
of said
callable in inverse
date
ment
on any
from
interest
nu¬
75.000 corporation yard, build¬
ing and facilities bonds.
San Francisco, Calif.
Voted—The
$20,000,000
airport improvement and exten¬
bonds were favorably voted
sion
at the election held
on
Nov. 6.
Ozark
to
Colorado
ment
water
the
purchase
Gas
approval
of
the
cordance
suit, it
the
above
was
not
awarded
therefore
was
District's
bonds,
paid to maturity
/CONNECTICUT
(State of)
Changes in List of Legal Invest¬
ments—The latest official bulletin
in
legal
I
1
on
computing
all of the bonds in
ities and
investments,4
their matur-
deducting therefrom, the
settlement, and \ premium bid, if any. The approv¬
sue the
ing opinion of Ross, McCord, Ice
& Miller, of Indianapolis, will be
furnished to the purchaser at the
entitled to
ments.
expense of the City. No condi¬
tional bid, or bids for less than
Champaign, III.
Bonds Voted—An issue of
$40,improvement bonds was
approved at the election held on
000 street
<
Call
Bond
—
J.
B.
McCahey,
President of the Board of Educa¬
has
announced
that
the
Education, 3Vz % issue of
tion,
Board of
1936, refunding bonds amounting
to $5,500,000, Nos. 1 to 5,500, are
being called for payment on Jan.
1, 1946, at par and accrued inter¬
est.
Dated Sept. 1, 1935.
These
bonds are due on Jan. 1, 1955, op¬
tional Jan.
1, 1946.
and
interest
all
value of said bonds at the
rate named therein will
be considered/ The right is re¬
served to reject any and all bids.
Said bonds are being issued for
the par
interest
the purpose
coupons
City, payable out of unlimited ad
taxes to be levied and
on
all of the taxable
valorem
collected
property
taining thereto due on and after
1946, at the City Treasur¬
office, Ex-Officio as School
Treasurer, of the Board of Educa¬
Trust Co.,
the fiscal
the City of Chicago in
City, said bonds and
York
interest
accrued
'
to
City. Enclose a
payable
the
in
certified check for $3,000,
to the
City.
date
called
Dist.,
Jeffersonville Flood Control
Indiana
apper¬
Jan. 1,
agent of
amount
general obligation bonds of the
City maturing on Dec. 1, 1945, and
will be direct obligations of the
of
Sale—The $110,000 flood
Bond
control
er's
New
of procuring funds to
in paying a like
be used
Upon presen¬
sale
bonds offered for
works
recently
as
13/4S,
basis
at
of
a
awarded
were
Fox, Reusch & Co.,
101.15, a
1.66%.
The next
highest bidder was Walter,
Heimerdinger,
of.
to
of Cincinnati,
price of
about
&
for
Woody
l%s,
at
a
price of 100.84.
paid to the holders there¬
Interest ceases on date called.
Cook
(P. O.
Chicago), III.
Call—Jennie Vial, School
County Sch. Dists.
Bond
calls for payment the
Treasurer,
$1,000 5y2% school district No.
107, refunding bond No. 10.
Dated
March
1,
1936.
Due
Dec.
1945.
1, 1951, optional Dec. 1,
i
bidders were, as
Other
For
Walter,
follows:
1%% Bonds
& Heimer¬
Woody
100.84
dinger
>
On December 1
Connecticut
determined
the total interest
cost to the City, to be
city for the remainder of the pay¬
following bonds:
changes
bidder will be the one
interest
by
complaint said, brought suit
against each piece of property as
required in the agreement, but
pay¬
dates.
of
with the notice of sale.
The highest
will be
Schuster,
Treasurer, calls for
Interest will be
Com¬
State Public Service Commission.
J,
Nos. 16 to 21, dated June 1, 1935,
and maturing Dec. 1, 1945 to 1947.
system from
Western
the
(Route, 7, Box 341, Denver 14),
District
for $60,000 through the issu¬
of 4V2% income debentures,
subject
COLORADO
highest qualified bidder
the
or at the Guaranty
New York City, being
Jefferson Cbunty Sch. Dist. No. 41
p.m.
who offers the lowest net
tion,
Call—Leo
ed to the
stated that only part of the
installments were paid. Mr. Scott,
tation and surrender of said bonds
Bonds
water
surplus
authorized
Arkansas
ance
fire' stations arid facil¬
bonds.
Bond
Ozark, Ark.'
•
pany
facilities
300,000 reconstruction of curbs,
sidewalks, streets and traffic
signal bonds.
50,000
park
and
playground
pay¬
works revenue.
the
bonds,
distribution
2
on
who has submitted his bid-, in ac¬
city
Chicago Board of Education, lit.
1952 to
in
the
and
ities bonds.
The
1956, $8,000 in 1957
to
1962, $9,000 in 1963 to 1968,
$10,000 in 1969 to 1971, and $11,-
/4iJ;
not made by
In the 28 counts in the
Oct. 30.
sewers
mainline and extension bonds.
water
These bonds, mature on July 1, as
follows: $6,000 in 1946 to 1951, $7,-
Nov. 6:
mainline
500,000
Ark.
—
following
extensions
pro¬
system revenue
bonds awarded recently to Wal¬
ton, Sullivan & Co., of Little
Rock, at 2%s, at a price of par—v.
162, p. 2066—were later converted
to a $247,000 2% issue, dated July
1,
1945.
Denomination
$1,000.
on
$2,000,000
payment,
Converted
Voted—The
amounting
to
$2,980,000,
favorably voted at the elec¬
tion held
;
/
was
until
Nov. 19, for the pur¬
chase of $125,000 issue of 1945, re¬
funding bonds, not exceeding 3%
interest. Dated Dec. 1, 1945. De¬
nomination $1,000.
These bonds
are
due $5,000 on July
1, 1947,
and Jan. and July 1, 1948 to 1959.
Rate of interest to be in multiples
of y4 of 1% and not more than
one rate shall
be named by each
bidder. Said bonds will be award¬
Scott
involved,
would make goodY
bids
sealed
(CST)
paving
property
City Clerk-Treasurer, will re¬
ceive
allegedly purchased
certificates
on
28
pieces of pioperty, with the guar¬
antee that if payment of princi¬
the
Offering—Vanna Thrash¬
Bond
er,
Robert
for
Scott, of Tampa and Miami,
ILLINOIS
were
INDIANA
Bloomington, fnd.
1926 and 1927 had not been paid
guaranteed. The suit was filed
by Mabry, Heaves, Carlton, An¬
Fields
on
Circuit
as
and
be
department bonds.
Paving
tion a suit for $40,000 damages
against the city, brought on the
grounds that installments of prin¬
cipal and interest on a number of
paving certificates purchased in
Sacramento, Calif.
Bonds
inter¬
called,
On
was
certificates for
payment on Dec.
1, being certificates Nos. 35 to 52,
certifi¬
to
Court has received for considera¬
bonds
revenue
Los
exer¬
the
Nov. 26, for the
Certificate
derson
amounting to $6,200,000.
cise the right reserved by it in the
3% revenue certificates issued by
of
on
for
the
sue
Augusta, Ark.
Certificate Call-—The
revenue
street
pal and interest
and
a.m.
(CST),
$500,000 water
Damage Suit Filed
election, in 1944.
planning to
15:
Dec.
$18,800 fire -department; $5,500
police
department,
and $10,700
cates.
the
Election to Be Requested
held
of
Imperial Irrigation Dist. (P. O.
^
El Centro), Calif.
Bond
submitted to
be
election
the
fees
have
chase of non-interest bearing road
district refunding bonds, series B.
of
•
amounting to $35,000 will
the voters at an
bonds
proposal that the city be
granted permission to issue a total
sion
division
669.17 from motor fuel tax.
to
ceive sealed tenders until 11
part
are
/'
following
on's
$30,000,000 issue authorized at the
is
Urbana, III.
Election—The
Bond
Proposal
State Legislature is
rejected Mayor Hix-
fornia District Securities Commis¬
auto
re¬
will
bonds
Lawrence
offered for sale in the near future.
.
These
#by
-
Issuance
—The Board of District Directors
nounced
Board
Denied—The
bonds
is
Kuhlman,
City Clerk, that the $600,000 citycounty building' bonds approved
by the voters on Oct. 16, will be
Foreseen—It
Offering
Bond
stated
the munici¬
Tampa, Fla,
Gross col¬
included
Water
System
Purchase
Ap¬
proved—The City Council is said
the
.
$20,610.68 from
motor vehicle fees, $8,924.50 from
lections
Storey, Jr., Secretary of the State
of Fiscal Control, has an¬
that
■.
Quincy, III.
;
:
^
said to have
to such time and place
he may at the time of such con¬
office.
Worth,' Fla. '
Attorney;
Delivery at the State Treasurer's
represented gross
collections less collection, costs of
$35,753.05 and turnback of $142,-
A.
Board
of the
cash fund bonds was
purchased recently by
Barcus,
Kindred & Co., of Chicago. Dated
Sept. T, 1945. Legality approved
by Charles & Trauernicht, of St.
Louis. •
Y
has been filed in Circuit
by Francis E. Love, City
Certificate
issue of $4,700
Bonds Sold—An
revenue
■
83
3% working
and electric system of
pality,
'
,
(P. O. Glen Carbon), III.
$850,000 2% water and
certicates, to be
used for paying the cost of ex¬
tending and improving the water
Court
•
,
tion of the
par
part
any
CagO.
Madison County Sch. Dist. No.
Validation Sought—
petition by the City for valida¬
electric
tinuance designate. Bonds may be
registered as to principal and in¬
terest jointly. All bonds and cou¬
pons
are
payable at the State
Treasurer's office, or at the Na¬
tional City Bank, New York City.
No legal opinions furnished.
No
special form for bids furnished.
highway fund
merical order
Arkansas (P* Q. Little Rock),
■S*M-l'v/vArkansas
or
as
bonds
ARKANSAS
-
whole
These bonds are payable at
the First National Bank, Chi-
:•/(;
Brunswick,
Certificate
A
offered,
gain brought the 1945-46 total
000
,
2.29%.
the
New
FLORIDA
Lake
sale, and he may at that time and
place fixed by him herein for said
sale, continue such sale as to the
y
5—v.
than
of
Y
;
for
moved from the list.
value of
bonds, plus the interest which has
accrued thereon between the date
of said bonds and the date of said
month by $282,870.42. The month's
'
(P. O. Phoenix), Ariz.
Bond Sale—The $11,000 school
bonds offered for sale on Nov.
less
Bruns¬
15, 1937, have been
redemption and re¬
called
as
net
to
Nov.
State
slightly
.
New
15,
15, 1938, and bonds of
Province
dated
of the State in New York
City. Issued under the Act known
interest, are on de¬
posit with the above bank at that
Maricopa County Sch. Dist. No. 8
dated Nov.
the
the Veterans' Bond Act of 1943,
approved May 19, 1943. The State
Treasurer is required by said Act
to reject any and all bids for.said
bonds or for any of them, which
were
lifted,
are
ex¬
provide $15,000,000 net
to the highway fund for the
year
ending
March
31,
1946,
only
of
1945, have
been added to the list of legal in¬
vestments, dated July 2, 1945. The
bonds of the Dominion of Canada,
agency
with accrued
ARIZONA
the
at
since
and
pected to
interest
The right is re¬
any or all bids.
In the event that prior to the de¬
served
payable
Province
Treasurers'
have
strictions
of
Jthe bonds. Principal and interest
payable
at
the
First
National
interest
the
wick, dated Sept.
Principal and
which
revenues
shown
of
On December 15
r
1,000 4% school district No. 106,
building bond No. 3. Dated
April 15, 1941. Due Dec. 15,
1958, optional Dec. 15, 1941.
Connecticut, discloses that bonds
;.
increase
highway
wartime travel
Show
State's
,
office, or at the op¬
tion of the holder, at the fiscal
—
,
••
California
Offering — Charles
G.
Johnson, State Treasurer, will sell
at public auction, at 11 a.m. on
Dec. 11, an issue of: 1 % % veter¬
ans' aid bonds amounting to $15,000,000. Dated Aug. 1,1945. Denom¬
ination $1,000. Due Feb. 1, as fol¬
lows:
$700,000 in 1947 and 1948,
$800,000 in 1949 to 1956, and $900,000 in 1957 to 1964.
The
dated Oct. 26, issued by the Office
of Bank Commission of State of
Bond
.
•
■■'i
made
the securities
as
r:
Immediate confirma¬
be
Forms to be used in submitting
1969, and $14,000 in 1970.
272,000 school bonds. Due Dec.
15, as follows: $8,000 in 1946
5;:Y :to 1954, $10,000 in 1955 to
1959, $12,000 in 1960 to 1964,
and $15,000 in 1965 to 1970.
144,000 water works extension
> •
bonds. Due Dec. 15, as fol-lows:
$4,000 in 1946 to 1952,
$6,000 in 1953 to 1962, and
:
$7,000 in 1963 to 1970.
..605,000 public
improvement
jbonds. Due Dec. s 15, as follows: $20,000 in 1946 to 1955,
V*
$25,000 in 1956 to 1965, $30,-
;
will
tenders and payment will be made
on Dec. 1, 1945, or as soon there¬
*
$224,000 general bonds. Due Dec.
^ I : 15, f&s follows: $7,000 in 1946
to : 1955.' $10,000 in 1956 to
i
is reserved.
tion
CALIFORNIA
California (P.O... Sacramento),
Clark County State
Bank,
i.-..
Jefferson,
Smart & Wagner,
Wilson Trinkle
jointly
—
John Nuveen &
and
Co.,
'
100.388
Co
100.089
"
Other bids for
2% Bonds
For
City Securities Corp.,
Indianapolis
Stranahan, Harris &
-102.17
Co., Inc.
For ZVi% Bonds
Paine, Webber, Jackson &
;
Curtis
Bidder
v
----102.37
„
,Vt
^
Price Bid
Geo. B. Gibbons &
$150,000, iy4S--—-100.028
For
Central
Scharff & Jones,-
•
-
Dougherty, Iowa
Sale Details—The
Bond
'town hall bonds
awarded on pet.
Sheffield Savings Bank,
to the
19
*
Otis Sc
For $150,000,1 y>s—100.275
l%s,- at a price of
162, p. 2068—-mature $500 Johh/DaneyY^Y'YY :Y»Y
YfYYY
favorably
highest bidder was Wheelock &
Cummins, for 2s, at a price of
"
We»t Feliciana
No.
Rockwell' City»%loway ^ tafp
Defeated—An issue of
I
■-
Oct. 30.
■
on
^
.
^
'Jfl'-'
Bond Election—The
issuance of
Illinois
ParishSch, Diet*
Commerce Trust
Louisiana
annual
sale
Nov. 2—v.
on
162,
Thomas
Bioren
These bonds,
were
sold at
of
100.17, a net interest
1.608%.
Other bidders were
29, 1945.
KENTUCKY
Call—H.
-
will
Clerk,
City
the
purchase
of $70,000
bonds. Due Dec. ly 1946 to
Subject to redemption 6n
ing
principal payment date at
par and accrued interest, plus a
premium Of 2%. Delivery at the
Lincoln Bank & Trust Co., Louisany
before Dec. 1, 1945.
The
City will furnish
printed
bonds
and
a
legal opinion of
ville,
or
on
^P'eter^'I'He^bturtt^v&'yMatshaUy.:. of
Louisville, and will pay all ex¬
penses in connection with the is¬
suance of the bonds.
Enclose a
certified check for $1,500, payable
to
the City
Treasurer.
LOUISIANA
La Salle Pariah Tullos Sch. Dist.
•
La.
Russell,
Secretary of the Parish' School
Board, will receive sealed bids
No. 6 (P. O. Jena),
Bond
Offering—J YD.
until
10
a.m.
on
Dec.
for the
1
of $45,000 semi-annual,
school bonds, not exceeding 4%
interest. Dated Feb. 1, 1946. De¬
nomination $1,000. Due in 1947 to
1956.
The approving opinion of
Chapman & Cutler, of Chicago,
will be furnished. Enclose a certi¬
purchase
payable to
Q. T. Hardtner, president Parish
check for $2,250
fied
School Board.
New Iberia, La.
Bond Sale—The following
bonds
annual
aggregating
000, offered for sale
the award of which
semi¬
$150,-
on
Sept. 25,
was
deferred
bonds, taking $67,000 as
iy4S, maturing from
Oct. 1, 1946 to 1954; the re¬
maining $8,000 as Is, due on
$75,000
:
sewer
Baltimore
Oct.
r
',
,
1
1955.
-' •
as iy4s, maturing from
Oct. 1, 1946 to 1954;; the re*
000
as
Is, due on
Oct. 1, 1955.
/.
voted
'
1946
Y
;Rollins/& Sons,
vj
-
Co.;
jointly, ^
^
For $13,050,000, Is
»
Bond
,.—100.14
Bankers Trust Co.,
Bank,
Northern Trust
Bond
Offering—Ford
Wagar,
Clerk, will receive sealed
8 p.m. (EST) on Nov.
13 for the purchase of the follow¬
ing paving coupon bonds amount¬
ing to $20.0,000, Ynot exceeding
\Vz%. U
•:
f
Co.; Inc.jY Yv ":"'T
Securities Corp.,
New York
?
Co.,
.
.
,
.
1
.
•
.
Louis
1950. ;
in
of
of 1%. Upon
the option of the successful bid¬
der, said bonds may be issued as
registered bonds without interest
coupons,
so
as
to provide one
bond for each maturity. Principal
and interest will be payable at
-
the; Wyandotte
•
•
,
,
'
jointly, ;J. .••Y:YY-YY;,.Y:''Y For $5,750,000, 1 %s, .
YyY .
|
Rohbinsdale, Minn.
and $7,300,000 ls_w—100.
(Net interest cost 1.0305%.)«'
The bonds will be awarded to the
Y bidder
4
-
lowest
,
whose
interest
bid
cost
produces
to
the
the
City
ic.;
-
build¬
Bond Sale—The $100,000
for sale on Oct.
162, p. 1939—were award¬
C. S. Ashmun Co.; of
ing bonds offered
the
to
Minneapolis, and »Park-Shaughnessy & Co., of St. Paul, jointly,
as
1.10s, at a price of 100.025,; a
basis of about 1.095%. Dated Nov.
bonds
■
are
due $10,000 oil
in 1948 to 1957.
Nov. 1;
■■
$1,000.
Denomination
1945.
1,
These
Wptertown, Minn.
f
,
Details—The- $12>*
000
water
main
construction
bonds awarded last month to the
Sale
Bond
State, as 2^ s, at a price of par-rr
v. 162, p. 1684—mature $1,000 on
July 1, in 1946 to 1957.
These
bonds were authorized at the elec*
tion held on Aug. 21.
.
^
Y::Y>;MISSISSIPPT:YYf^f
Houston, Miss.;
$100,000
bonds
■■■;-,
•
*
:
.
of
plant'Y establishment
Voted—The
Bonds
said
is
to
issuance
have been ap¬
proved by the voters at a recent
election.I
Wyandotte.
:
$2,000 on
,V Y,/"
p.
Dec.
multiples
Savings* Bank,
The interest rate may
vary on any or each year's ma¬
turity but all bonds maturing in
iany one year, in either issue, must
carry the same rate of interest.
,
Ow.en Daly & Co.,: Y'YYYY:'
Y•
Due
Dated Nov. 1, 1945. Denomina¬
tion $1,000. Rate of interest to be
.
.
.
.
Commerce Union Bank,
;
•
$40,000 City Portion Bonds.
,
:
>
Y
$8,000 Nov. 1, 1946 to 1950;
160,000 Special Assessment Bonds.
Due $32,000 Nov. 1, 1946 to
Paine, Webber, Jackson
& Curtis,
W. E. Hutton Sc Co.,
B. J. Van Ingen Sc Co.,
Lee Higginson Corp.,
Braun, Bosworth Sc Co., Inc.,
C. F. Childs & Co., v
\<
Laurence M. Marks & Co.,
.
until
of par—rv.
2068—mature
15, 1946 to 1961.
162,
t
'Mackey, Dunn Sc Co.,
*
t
"
R. D. White & Co., • v: ;Y
"
.Mackubin, Legg & Co.,
;*i
and
:
Y ■
Y'; C;'Y-YY'.; ! y
Halsey, Stuart & Co.,^-?
Union
bids
State Bank,
of Hinckley, at a. price
ed
,.
Oct. 22 to the
on
Farmers Sc Merchants
29—v.
Wyandotte, Mich.
refunding
semi-annual,
bonds awarded
de¬
bonds
City
& Trust Co., St.
;^'\!;YY;.
Larson,
YYY
County Sch. Diet* No. 2 ;
(P. O. Hinckley), Minn
Bond Sale Details—The $32,000
Pine
1%%
,
Detroit, for payment.
,,
Chicago V
'
Salomon Bros.j & Hutzler,
Glore, Forgan Sc Co.,
Nashville
subsequent interest date,..
any
Co.,
Said
Bank,
Blodget, Inc., •
Phelps, Fenn & Co.,
$1,000.
These bonds are
Aug. 15, from 1950 to 1964.
bids. included the follow¬
,
Y"
Stone & Webster and
3,000,000 fifth sewer bonds.
thereafter, to be subject to
prepayment at par and accrued
interest on Dec. 1, 1958, and on
and
■
should be
1962.
Mercantile-Commerce Bank
Blair Si
Call—L.
'
.
and
livered to the Detroit Trust
York'1'
.
and
School
Director, calls for payment on
December 1, $9,000 school bonds.
Dated Oct. 15, 1941. These bonds
mature $3,000 on June 1, 1960 to
(Net interest cost ,985%.)
New York
1, as follows: $10,000 in 1947
1948, $5,000 in 1949 to 1956,
$10,000 in 1957 to 1965.
All
bonds maturing on Dec. 1, 1959,
Dec.
Township Sclt. DistY
No. 10 (P. O. Birmingham),
Michigan
and
National City
New York
ing coupon bonds, at not exceed¬
ing 2% interest.
Dated Dec., 1,
1945.
Denomination $1,000.
Due
accepted.
Y
,
Nov* 9,
purchase of $150,000 build¬
for the
South field
Stern Bros. Sc
First: National
,,
received
sealed bids until 8 a.m. on
said
mately $12,000. 1;Y
YY
Clerk,
District
son,
available for retire¬
bonds is approxi¬
of
tenders
I
Offered—S. H. Stephenv-
Bonds
C.
Wanted—Harold
(P. O. Slay ton),
Minnesota
(Garden City), Mich.
amount
ment
Sc Co.,
New
No. 52
;
The
Harvey Fisk & Sons,
Co.;
-
■
Sch. Dist.i
Murray County Indep.
Township Sch. Dist. No. 2
on
.
S. Dickson
$200,000 was favorably voted at
election held recently.
J
for
November 20
John Nuveen Sc
R.
River
Iron
to
amounting
bonds
struction
.
an
Larsen, Secretary of the Board of
Education,
will
receive
sealed
tenders until 7:30 p.m. (EST) on
Nov. 15 for the purchase of the
above Township's series A, refunding bonds, dated July 1, 1937.
Money will be available before
Corp.,;
L. F. Rothschild Sc Co.,.
Chas. E. Weigold Sc Co.,
Union Trust Co.,
.
Bank,
Tenders
First of Michigan
Baltimore
'
%
Dist., Minn.
|
Bonds Voted—An issue of con¬
payment.
Nankin
W.
Dist.), MinriZJ
issueof$15,000
Sch.
Sueur
Le
Said bonds should
to the Iron River
1965.
to
National
'
J %* Y
,
.
delivered
be
Bank,
$4,650,000 fifth school bonds.
Y;
on
Redemption—Walter Pet¬
Township Clerk calls for
redemption on December 1, all
outstanding 3y2% water extension
revenue
bonds
issued
by
the
above Township.
Dated Dec. t,
1943, and payable on Dec. 1, from
Blyth & Co.,
:r
Bonds Sold—An
*Bond
Co., both of New York; Peoples
National Bank, of Charlottesville;
Tripp Sc Co., of New, York; Ellis
&YCo., of Cincinnati; Newburger
&
Hano,, of Philadelphia, < and
Glover .& ■ MacGregor, of - Pitts¬
burgh, as Is, at a price of 100.554,
a net interest cost of 0.942518 %:
First National
held
-
3% semi-annual, road and bridge
bonds was awarded on Aug. 14 to" i
a local bank.
•-;G\
erson,
E. H.
V.yy- .-.YY;-.
Bank,
"Y- •
election
J
~
Township (P. O.
\ ■Control and Imp.
Township (P. O.
Iron River), Mich.
Goldman, Sachs Sc Co.,
Barr Bros. Sc Co.,
York; Harris, Hall & Co.,
Chicago; Stranahan, Harris &
Co., Inc., of Toledo; White, Weld
& Co., Bear, Stearns & Co., Hallgarten
&
Co.,
Merrill Lynch,
Pierce, Fenner & Beane, all of
New York; H. M. Byllesby & Co.,
of Chicago; Laidlaw & Co., Wm.
E. Pollock & Co., Weeden & Co.,
all of New York; Julien Collins &
Co., of Chicago; W. H. Newbold's
Son & Co., A. Webster Dougherty
&
Co.,
both of
Philadelphia;
Gruntal & Co., of New York;
Moore, Leonard & Lynch, of Pitjsburgh; Scott, Horner & Mason, of
Lynchburg;
Singer,
Deane
&
Scribner,
of Pittsburgh;
G. H.
Walker & Co., of St. Louis; Lobdell & Co., Newburger, Loeb &
■v.;;
the
at
"
of
J:
issue of
Iron River
*
New
.
Approved—An
local bank.
a
Deer Creek
ing
Kean, Taylor & Co.,
Equitable Securities Corp.,
Baker, Watts & Co.,
Stein Bros. & Bryce,
R. L. Day & Co.,
Other
to
.
parkin^lot revenue bonds amount¬
to $2,000,000 was favorably
%
Pressprich & Co.,
Estabrook & Co.,
2196—were awarded to a syn¬
composed of the Mellon
Securities Corp.,
of Pittsburgh;
Messrs.
C. J. Devine & Co., of
ing:
Y
100.031
$150,000, 6s, and
Bonds
* ■
■
$1,350,000,Is
•
Portland ^
R.
dicate
Chicago
75,000 drain bonds, taking $67,-
\ naaining $8,000
{<
>
For
Dist.4 Not .7$
(Pi Oi Farmington), Minn. < /•
Sold—The $4,000 school
bonds for which no bids were rer;
ceived on July 20, have been, sold; >
Bonds
Nashville, jointly,
-100.3666
F. S. Moseley & Co.,
Baltimore, Md.
p.
on
Corp.,
Commerce Union Bank,
"
First National
Bond Sale—The following bonds
amounting to $13,050,000 and of¬
fered for sale on Nov. 8—v. 162,
due
,
Nov. 6.
■
New York
MARYLAND
nation
^
Pittsburghj and
:
Kidder, Peabody & Co.,
Lazard Freres Sc Co.,
Alex. Brown Sc Sons,
Mercantile Trust Co.,
a
v;Y
'and delivery): '
MINNESOTA
,
Dakota County Sch.
Mellon Securities
;
Bank, Chicago
500,000 people's court building
price of
; Y;' Y ;-„■;y-", ■
100.033, a net interest cost of YY>Y; bonds.;Y
■
about 1.195% (plus local payment
Dated Aug. 15, 1945.
Denomi¬
Iberia, at
of Michigan Corp.,
jointly,
; ,-Sby v::--..
For $450,000^ IViS,^ and'
bid
check; for 2 % of the bonds
for, payable to the City: Y
,
;. New York,r-
Chemical Bank & Trust Co.,
1—v. 162, p. 1562—has
3,000,000 fourth airport bonds.
purchased by a group com¬
1,100,000 second public buildings
posed of the New Iberia National
•1.; bonds.
/
r
Bank, the State National Bank,
■ly. 800,000 fourth conduit bonds.
and the 'Peoples National Bank,
New
Bank,
First Boston Corp.,
been
of
Y
Harris Trust & Savings
until Oct.
all
Sc Co.,
& Co.,
Y Inc.,
refund¬
J965.
:
For $1,500,000, Is—100.054
Chatham Township, Minn-.
;
>
- ■■■ - {
Bonds Sold—rAn issue of. $5,4)00;
I
$1,0501)00,' Is
.-Y
100.025 2% road bonds was purchased on
Chemical Bank Sc Trust Co.^ •'
,
Aug. 17; by a
^ jbanfc.' . , * ; Y Y
v
New York
?
A
-.
Harriman Ripley & Co.,
Bankof Commerce,
New Orleans, and Associ¬
ates. For $150,000, 2s
100.06
electric
water works revenue
;
..
First
Lehman Bros.,
bids until 11 a.m. on Nov. 15 for
and
v
•
Y5Y:yy:Y Y
Smith, Barney & Co.,
•
National
sealed
receive
f'
Co.,
Chase National Bank,
as
Stone, of
•
The.,
John Nuveen Sc Co., and;;
(Net interest cost .96196%.)
.
Morganton, Ky.
Offering—Stanley J ones,
;
opinion of*.
Paddock and y
Canfield,
Detroit, approving the
legality of the bonds. The legal
opinion and printed bonds will be
furnished without cost to the suc¬
cessful bidder. Enclose a certified
'Y y
C *"}
New. York,
Braun, Bosworth Sc Co.;
jointly, >
-, -
and
—
Bond
Co.,
Minsch, Monell & Co.,
jointly,
For $13,050,000, Is
National
Bank,
A.
Spalding,. Hibernia
New-'Orleans, and Asso¬
City Manager, calls for payment
ciates.
For
$40,000,
3s,
on Jan. 1,1946, 3% water refund¬
$45,000, 2s, and $55,000,
ing; bonds Nos. 51 to 53, issued
iy2s
-100.05
JuJ.y 1, 1944. Said bonds are pay¬
able at the. First National Bank, Equitable
Security
Corp.
For $50,000, 3s, $63,000,
of Cincinnati at the price of par.
and accrued interest to date call¬
l%s, and $37,000, 1V2S—100.01
ed, and a premium of $30.00. In¬ Scharff & Jones. For $8,000,
terest ceases on date called.
3%s, and $142,000, l%s-100.16
Bond
'.
-
tioned upon the legal
•
Halsey, Stuart Sc Co., and
Martin, Burns Sc Corbett,
follows:
Hazard, Ky.
1
[-
^
Y'
will; be
Interest
City is pledged for the payment of
both issues.
Bids will be condi¬
'
.
Is—--—100.07 Y Miller,
For $1,500,000,
St. Paul
price
cost of
* ,v
r-Y; ;r;f.
i
First National
a
% Price Bid
Y
New York;
Robert Garret Sc Sons,
.
;Y
;
as
special assessment bonds are is¬
sued in anticipation of the col¬
lection of special assessments; and
the full faith and credit of the
Other
National City Bank,
;
City.
J. R. Williston &
3y2s, for the first year, and Wzs
thereafter to maturity. Dated Oct.
Oct.
l' Bidder
>
of. Shreveport, and Associates, as
of
bidders were as follows:
.
1812— r':. Sc Co.; Inc.,
p.
$1,000.
considered
be
computed from date of receiving
bids
to the
respective maturity
dates. No bids for less than all of
the bonds will be considered. The
15, 1945.
due from 1946 to 1950.
not
cost.
interest
about
De¬
These notes
basis
a
will
deductible in determining the net
Is, at a price
as
First National Bank,
Minneapolis Y
;
William R. Compton:
awarded to Felix M, Rives,
100.198,
are
First National Bank,
[
$30,000 construction bonds will be 1,
1945.
Denomination $1*000.
submitted to the voters at an elec¬ These bonds are due from Oct. 1,
tion scheduled for Nov. 19.
'. 1946; to- 197$, The next highest
bidder
was
Hibernia
National
Wapello County (A O.- Ottumwa),
• Iowa
/%'', ■
iv. Bank, New Orleans, and Associ¬
Bonds Voted—An issue of $300,- ates, for $40,000, 3s, and $45,000,
.000 hospital bonds was favorably 2s, and $65,000, l%s.
voted at the election held on
'>■ \
f;r;
Y
Detroit,
nomination
<<,
Co., Chicago,
«-Kansas
,
■;:Vi
'%
,
Gordon Graves & Co.,
Sale—The« $150,000 semi¬
school. bonds offered for
Bond
were
Sidney-Sch. Di$t*(P, O* Sidney),,
of
Memphis
(P. O. St. Francisville),
Bonds
$20,000 airport improvement bonds
was defeated at the election held
Bank of
0.928%. Dated Nov.
>
Co.,Yy;Y1
Milwaukee Co.,
For $134,000,1 %sy and
$16,000, 1V4S
^100.008
,
100.50.
-
.
hospital bonds was
000
Y
deducting the premium of¬
if any.; Interest on pre¬
mium
railway revenue notes offered for
sale on Nov. 8—v. 162, p. 1939—
were
awarded to
the National
City National Bank Sc
Trust Co., Kansas City.
Francis I. duPont & Co.,
;
Stroud & Co.,
v
First National Bank,
Charles F. Boagni, and
Trust. Sc Savings;
Bank, Opeloiisas, jointly,
Planters
of Sheffield, as
par—y.
;
,
fered,
Mich.- -Y;lYYYY';''
Note Sale—The $1,500,000 street
Detroit,
-
Republic Co.,
Y ChicagO Y v.
For $134,000, 1 %s, and
$16,000, iy4S—-—-——100.018
$2,000
V
; Y
Co.;
Inc.,
'
'
Spencer Tlrask & Co.; ""
Weil Sc Arnold,
after
YY;:YY'::;;:- MICHI«Afl¥';y^Y^Y'YY
.*
Eastman, Dillon Sc Co.,
Hemphill, Noyes & Co.,
Adams, McEntee Sc Co.,
Graham, Parsons Sc Co.,
Equitable Securities Corp.,
For $134,000, l%s, and
$16,000, Is —————100.036
-—100.29
———
.,
Coffin & Burr;;.
jhe bonds were:
Monday, November 12, 1945/
FINANCIAL CHRONICLE:
THE COMMERCIAL &
2316'
;
•
-
Meridian, Miss.-'
"
>
Approved —An issue,
of $126,000 2% refunding bonds
has been approved as to legality;
f
;Legality
by Charles &
Louis.These
Nov. 1,
1945.
Trauernicht, of St..
bonds
;• >■;
.
,
are
: dated
;YYY''Y'Y'.Y-Y.
;Volume i62
Number 4437;
•iicSiyMISSOURI
'i',".w)#'-<"*'$
K
• •
'
7.
Bolivar,-Mo.■
jsv
Bonds Voted—An issue of $25,-
$6
000
airport bonds
favorably
was
-voted at the election held
Oct.
on
bonds
Springfield Sch. Dist. (P. 0*
Springfield), Mo,.
..
Election—-An~ issue"
-
"construction
bonds
of
the
amounting
to
$1,275,000 will be submitted to the
of
voters at
ed
election to be held
an
.Nov» 2T.
'
'
,
.!■*
+
*V7
on
if
;;
-
r" '■ v?;*Ai 'V'- -4
Montana*
'•
><
>
sold
to
the bidder
the
least amount
bonds* the bonds to be accept¬
being those first maturing, and
two
or
bidders
more
offer
to
purchaser
-
amount
of
least
same
amount,
also
must,
to the
equal
the bonds
accrued to
pay
an
interest
on
the date of
$125,000 hospital bonds was pur-(
^oh,ased ion July 5 by Piper, ;Jaf-; payment of the purchase price. In
the event that prior to the delivery
fray & Hopwood, of Minneapolis,
-
as
l^s, at .a. price of 100.52^
by private holders from bonds of
same type and character shall
the
be
Federal income tax law,
cessful bidder may, at his
Company (Omaha), Neb.
Florida
M on icipa 1
Bonds
Awarded—It is reported by F. L.
Gillespie, Treasurer of the above
Company, that the various blocks
of
Florida
municipal
gregating $1,995,000,
ed
as
bonds
bonds
be
Block
2
No.
No.
Block
116.42
3
i Block No.
6
.124.86
—
Block No.
7--
No.
9—
Block
No.
No.
13—
120.82
16-
—114.51
Block No. 17
Block
No.
Block
No.
123.80
21
.119.26
22
118.61
Block No.
«
27_
—117.09
Block
28_
119.82
No.
the
check
for
"
$1,760,000
refunding
3%
bonds.
Block No. 29—
—118.57
Block No.
33-
—112.44
Block
No.
34
103.71
000 in 1946 to
Block
No.
36
122.15
Block
No.
37—-—118.68
1949, $70,000 in 1950, $20,000
in
1951, $25,000 vin 1952 to
1954, $30,000 in 1955, $120,000
in 1956, $125,000 in 1957 and
Block No. 38No.
Block
Block No. 41
Chicago.:
Block
5
——123.179
18
No.
—102.758
Block No. 23
31
119.57
32—
1966.:,
139.578
Block No.
143.688
No.
Block
To Cohu &
•T- New York:
Block
No.
8
——123.11
No.
20
——124.47
Block
No.
40
"
—121.58
To Herbert J. Sims &
Co.,
No.
19
Block
No.
26—
Block
No.
30-
To Shields
New
Block
100.609
—110.059
—108.537
& Co.,
of
•
Kirkpatrick-Pettis
Co., of Omaha:
Block
7;
*
7-y..
•
No. 24—
121.26
■yBloeK;;N0^25^.-^-
Bond
Approved—The City Commission
is said to have passed an or¬
calling
for the issuance of $83,000 vari¬
dinance
RushviUe, Nebraska
$17,000 not to exceed 3% hospital
will be submitted to the
bonds
voters
at
ah
.
election
scheduled
"
;
.
Defeated—An
Bond Issuance
reading,
for
issue
bonds.
$275,000 casino construction bonds
Approved—At
'
'
Sch.
v2
y
Contemplated-—
Councilis
said 2 to-
resolution
a
election
an
voters
to
calling
submit to
paving, -drainage
the
Columbus, Ohio
Bonds Approved—The
ing J bonds amounting? to
and
000
held
for
a
John
(A 0.
Jersey
Voted—It. is
Bonds
Union),
street
Auditor,
Wahpeton, until 5
Nov.
on
County
12,
for
the
purchase
of
township bonds, to bear
exceeding 5% interest.
De¬
nomination $500.. These bonds are
due $500 on July 1, in ,1947 to
1956.
Enclose
certified
a
check
for 2% of the bid.
Powers
f Lake, Nj Dak.
Offering—Martin SkredsCity Auditor, will receive
Bond
vig,
sealed
bids
until
1
p.m. on Nov.
16, for the purchase of $7,500 City
bonds,
to
bear
not
exceeding
interest.
Dated
Dec.
1,
1945.
These bonds are due $375
Dec, 1, in 1947 to 1966. No bids
on
by
W.
Board
be for less than
to
are
Waheton,
airport
Mulford, Clerk of the
of Education, that at the
election held on Oct. 30 the voters
N.
y
Borough
sealed
Clerk,
.
Menzak,
receive
for
approved
bonds
$25,000
rejected at
were
2
of
issuance
2,485 to 485.- 2
on
NEW
Barberton
Nov.
6.
(P. O.
R. F* D. No. 7, Akron), Ohio
Bond Sale—The $125,000
im¬
provement bonds offered for sale
on Nov. 6—v. 162,
p. 1942—-were
awarded to Fox, Reusch &
Cincinnati,
IV2S, at
as
100.89,
a basis of about 1.425%.
Jan. 1, 1946.
Denomina¬
tion $1,000. These bonds are due
Oct. 1, from 1947 to 1967.
The
next
highest bidder was Stranahan, Harris & Co., Inc., for IV2S,
at a price of 100.625.
1:
.
Beavercreek
Township Local
Election
Bond
of
$60,000
Held—An
building
submitted
to
the
issue
bonds
voters
the
$10,000 water and
main
sewer
submitted
was
An issue
to
Beloit, Ohio
Election. Held—An issue
of
$15,000 water works bonds
was placed on the ballot at the
(P. O. Orangeburg), N.
Bond
Sale
Details—The
Bond
of
Election
$20,000
the
to
works
general election.
bonds
voters
at
!
_
Bridgetown Local Sch. Dist. (P. O.
Hamilton County), - Ohio 2 ;
Bond
Election
Held—-An
issue
of
building bonds amounting to
$200,000 was; submitted to
the
voters at, the general election.
Bristol
Township (P. O.
2-
Election Held
bonds
was
2
storm
sewer
—were
voted
the
1.44%.
to
Dated
Nov. 6.
at
and
-
was
election
■
,
outlet
Bond
'
y
"$450,000
$60,000
fire
sewer;
underpass;
and
police
time.,
bonds
the
recall
'
>
.
•
,
.
were
1,
C'
; N-.
District
bid
may
different rate of interest in
for
bids
Clerk, will receive sealed
until
for
Findlay City Sch. Dist., Ohio
New
2
Bond
;
The
bonds
A.
Columbus),
Nov. 6.
;
of
1%. Enclose
a
a
Bond
Issue
Proposals
Approved
current
&
status
of
by
•
-
of
Ap¬
Voters—
weekly report of J.
Co., Cincinnati, on
the
Ohio
municipal
ing on the large number of bond
issue proposals presented to vot¬
ers
of local communities at the
Young,
Board, pf
Commissioners, >. states
following bonds .aggre¬
gating $9,500,000, were voted at
the
Nov.
6
election:
$4,500,000
Veterans'
Memorial;
$1,500,000
county
sewers;
$1,500,000 court
Vz
White
the
County
that
for
bond market, also contains a pre¬
view of the results of the ballot¬
.;
of the
20
Ohio (State of) '
.
Market
Dull—Bulk
parently
favorably voted at the
Voted—Bertha
-Nov.
certified check for $5,000, payable
to the Board of Education.
i'Ci
on
on
different rate of interest in
a
multipel of
close a certified check for 1% of
the bonds, payable to the Village.
general election held
noon
and Dec. 15, 1946 to 1965,
$2,000 June and $3,000 Dec.
15,1966 and 1967. Bidders may bid
En¬
Franklin County (P. O.
~
and
at the First Na¬
River.
j
June
a
Principal and
Rocky
,
>
$90,000 3% build¬
ing bonds. Dated Dec. 15, 1945.
Denominaticfh $1,000. Due $2,000
mul¬
a
,
the purchase of
and 1952, $3,000 in 1953, $2,1954 and 1955, and $3,000
Clerk
jail
de-
jXP* P. Dayton ft Ohio ■:
Offering—E. F;; McCoy,
in
was
and
Bond
as
Bank,
and
Northbridge Local Sch. Diets,
Nov. 19
noon on
Bidders
$3,000,000
at the elec¬
6:
tention home bonds.
/
.
1956.
to
Nov.
bonds.
follows: $2,000 in 1947
to 1949, $3,000 in 1950, $2,000 in
000
on
$2,000,000 court house
.y;*-'bonds. ;.y
500,000 juvenile court
2
purchase of .$23,000 3%
fire
department
coupon
bonds.
Dated Nov. 1, 1945. Denomination
$1,000.
These bonds are due on
Oct.
amounting
favorably voted
tion held
500,000 tuberculosis sanitarium
Offering—Raymond
Nov. 6 elections.
the
The bond house
report, dated Nov. 7, is given in
full
.
<
text herewith:
Bids
the
continued
;
;
to
Ohio
improve in
market dur¬
house annex; $1,250,000 children's
municipal
ing the past week, and our index
home:
of
and
slightly, for the
fifth consecutive week, to a yield
$400,000 county hospital,
$350,000 tuberculosis hospital
'
2
Hamilton, Ohio
Bonds
Voted
the
—
At
voters
v.
the
approved
6
the
,
V
Jacksonville),
of
market
on
Ohio
20
indices
The
bonds
improved
for
for
bonds
and
bonds
stand
a
10
ten
today
week ago.
high
lower
at
grade
grade
yields
of
I.16% and 1.51%, respectively.
The market has been dull, how¬
during the week due to a
continuing lack of supply of Ohio
bonds. The only new issue; of the
week
was
$125,000 Batlt, Local
ever,
\
2Lick Local Sch. Dist.
Bond
the
again
of 1.33% from 1.34%
21 i-
Nov.
issuance of the $2,676,090 postwar
improvement bonds, according to
M.
C.
Thomas, Director * of Fi¬
Election
$70,000
on' submitted
held
that
issuance
Montgomery County (P. O.
yyy: Dayton), Ohio
Bonds;'Voted—The
following
(A O, Rocky River),
for. the
con¬
favorably
$1,500,000
same
Heege, Village Clerk, will receive
nance.
; 5
Bonds Voted—An issue of $73,000
bonds
about
issue
submitted
Cold water, Ohio
struction
IV2S—v. 162, p. 2197
sold at a price of 100.137,
of
An
by
\ :K*vVi'
yi\.
sealed bids until
election
the voters at the general election.
of Buffalo, as
basis
—
City Auditor,
approved the
system,
$25,000 park bonds.
'■ vDefeated—Mr. Campbell
also reports that the
$150,000 air¬
port bonds were rejected at the
Ohio;
Y.
$6,000
accorded
was
J.-<! y
Fair vie w
y
$11,000 fire station and equip¬
Nov. 6.
on
Bonds
bonds
bonds.
I
Bristolville), Ohioi
Bond
stated
of the Board of Education.
urer
Assistant
issue
of
and
is
Ohio
the
tion:
street
$1,850,000 high school building bonds
at the Nov. 6
election, according
to Alice M. Ressler, Clerk-Treas¬
Bonds
Held—An
Water,
submitted
was
ment
fire apparatus bonds awarded on
Oct. 30 to the Marine Trust Co.,
a
vote
November election.
Heights, Ohio
issue
school
following bonds aggregat¬
ing $2,035,000, at the Nov. 6 elec¬
Bondfi Voted—An issue of $675,000
building and improvement
Bond
Approved—-An
was
the
Ohio
voters
at the election held oh Nov. 6.
1
Ohio
Campbell,
of
Bonds Voted ~--A heavy favor¬
tional
—
Sch.
Dist.,
the voters
approved by a wide margin
general election.
interest payable
Bond Election Held
issue
equip¬
"2- Bonds Voted—It is stated
by C.
H.
■
works
tiple of J/4 of 1%.
Bellville, Ohio
and
Middletown, Ohio
Cantle, City Clerk, that the
water
An
—
submilted to the
'
Euclid Sch. Dist. (P. O.
Euclid),
was
at
It
Held
building
was
Mansfield
alarm
—
the
at the
in
general election.
bonds
Voted
to
.
election. >;'
rehabilitation
approved by a large
majority of the votes at the elec¬
Defeated
<
building and
amounting
to
general
Election
bonds
bonds
Elyria, Ohio
Bonds
1951
Sch. Dist, (P. O. Xehia), Ohio
time.
;
issue
Township Local Sch. Diet.
O. Trotwood), Ohio
Bonds
Library building bonds amount¬
ing to $2,300,000 were defeated
same
...
An
—
submitted
the
tion held
Approved and
Co.V of
Dated
at.
$2,111,000
$2,000,000 vocational
school
building
bonds
approved at the Nov. 6 .elec¬
at the
bonds
was
$275,000
sys¬
training
price of
a
signal
Held
voters at the general election.
—An issue of
able
Bath Local Sch. Dist.
department
Dayton Sch. Dist., OWo-
were
City Sch. Dist., Ohio
Election
fire
ment
000 failed to carry.
ing and equipment bonds amount¬
ing to $1,000,000 was favorably
voted
at the
election held on
of
Orangetown, Orangetown Fire Dist.
Township (P. O.
Trotwood), Ohio
of
-
$1,175,000
Bonds Voted—An issue of build¬
22, 2 .:.
YORK
Madison
1i(P.
Defeated—An issue of
airport bohds amounting to $500,-
Pearl
OHIO
of $950,-
'
the
the
near
,
Bonds
Bonds
the
at
bonds. He states that
bonds will not be issued in
future. '
;
j
'
these
the
Bond
$750,000 safety building (jail and
municipal court bonds), and $150,000 downtown traffic
tem bonds.
—
provement
Madison
improvement; $1,500,000 park im¬
provements;
$1,500,000
street
opening
improvement; - $400,000
fire
department
improvements;
gen¬
The
following
$1,110,000, were
Nov. 6 election,
reports Earl R. Frank, City. Au¬
ditor: $610,000 storm and
sanitary
sewer,
and $500,000 street im¬
approved
voters
tion.
Dak.
Oct. 23, lack¬
ing the necessary two-thirds ma¬
jority of votes to carry.
000 construction bonds by a count
until
3 p.m. on Nov.
purchase of $75,000
1%%, issue of 1945, coupon/or
registered refunding bonds. Dated
Nov. 1,1945. Denomination $1,000.
Due Dec. 1, as follows: $2,000 in
1946, * $3,000 in 1947, $7,000 •' in
1948 to
1953, $5,000 in 1954 to
.1957, $6,000 in 1958, and $2,000 in
1959.
These bonds are part of a
17
bids
will
t
'
Voted
$15,000
on Nov. 6:
$1,700,000
bridge construction and improve¬
ment; $2,500,000 street and sewer
the
Lorain, Ohio
v
apparatus
the
at
at
totaling
of
un¬
following bonds
totaling $8,500,000 carried
was
•
Defeated —The
the election held
official count, the
voters
2':Bond
Voted—According to
election held
Prin¬
par.
check Tor 2% of the bid.
Bonds
Bonds
p.m.'
$5,000
not
I1-'',;"/Dayton, Ohio
v.
Manville, N. J.
Offering—Peter
f Bond
?
Bonds
_
ed bids at the office of the
,
stated
mitted ;to the
eral election.
bonds
Nov. 6: $3,500,000 sewers;
on
$225,000 gymnasium, building
equipment bonds was -sub¬
and
follow¬
$8,700,-
approved at the election
r 1
*
;
were
system,
gutter 2 bonds
Lockland City Sch. Dist., Ohio
Election Held—-An issue
Bond
/-
of
'V
.
$2,000,000 sewage plant; $650,000
improvement; $775,000 rec¬
reational facilities; $500,000 fire
.'.i
stations; $200,000 garbage incin¬
NORTH DAKOTA
erator; $500,000 health center and
Ibsen Township, N. Dak.r
] safety
building,
and : $575,000
: Bond
Offering—Arthur Soule/ health,*, safety and park
equip¬
Township Clerk, will receive seal¬ ment bonds.
; /
•• •.
- 2;
2;
curb
project to cost about $240,000.
a
iyppPjPPM
Dist.
NeW
of
failed to carry at the general elec¬
tion held on Nov. 6.
v S^ S
*
passed
Berlin
meeting held on Oct. 29 the State
Funding
Commission
approved
the issuance of $1,281;000 refund^
Union
Deal, N. J.'
Bonds
Columbus City Sch.. Dist., Ohio
Bonds
Voted—The $6,500,000
bonds - were
favorably
voted at the election held on Nov.
6, '1945. :vv/2
.
/•;
Edenton,. N. [ Car.
Town
have
North' Wildwood,' N.J.
ing
NEW JERSEY
.
first
on
municipal improvement pur¬
pose bonds.
Bond Election—The issuance of
-for Nov. 14.
;
ous
'
*
1948, $40,000 in
New Brunswick, N. J.
Ordinance
Tentatively
128.029
-.--128.859
CAROLINA
Election
.231.7
*"
.
.
The
of
No. 15
To the
$35,-
1945. Denomina¬
tion $1,000. Principal and interest
payable at the National City Bank,
New York. Legality approved by
Hawkins, Delafield & Longfellow,
of New Yprk.
York:
Block No. 35—
-
follows:
Dated June 1,
of New York:
Block
as
475,000 2%% refunding bonds.
Due Dec. 1 as follows: $130,000 in 1966, $170,000 in 1967,
and $175,000 in 1968. Optional
Dec. 1, 1949.
"
' 2 '
\
71,000 23/2% refunding bonds.
Due Dec.
1, 1969. Optional
Dec. 1, 1949.
Torrey, of
Block
1
1958, $130,000 in 1959, $135,000 in 1960, $140,000 in 1961,
$145,000 in 1962, $150,000 in
1963, $155 000 in 1964, $160,000 in 1965, and $35,000 in
-123.26
To John Nuveen & Co., of
Block No.
1
Bond
r
-119.13
—-
Dec.
Due
121.52
—
39_
NORTH
~
school
cipal and interest payable at such
place as the successful bidder may
designate.
Enclose
a
certified
certified
a
change contract made with the
City, Stifel, Nicolaus & Co., of
Chicago, and J. B. Hanauer & Co.,
of Newark, jointly, recently of¬
fered
refunding bonds of 1945,
amounting to $2,306,000, in ex¬
change for refunding bonds, dated
June 1, 1935, callable Dec. 1, 1945
—v
162, p. 2197. The new bonds
mature as follows:
124.34
14
Block No.
with
furnished
Exchange
Details—In
accordance with a refunding ex¬
1124.04
Block
be
Bonds
126.39
| Block No. 12
No.
bid¬
Margate City, N. J.
—123.32
Block
his bid will
$1,500; payable to the Borough*
—125.63
11
$lr;
Sept.;
3V2%
121.38
;
10—
Slock No.
will
de¬
the
case
The successful
125.10
Block
on
Enclose
124.92
-
Denomination
1, from 1946 to 1950.
opinion of Hawkins, Delafield and
Wood, of New York, that the
bonds are valid and legally bind¬
ing obligations of the Borough.
To Braun, Bosworth &
£•'- Co., Inc.:
1
such
accompanying
returned.
der
follows:
Block No.
and in
posit
ag¬
award¬
were
taxable
by the terms of any
the suc¬
election,
be relieved of his obligations un¬
der the Contract to purchase the
Guarantee Mutual Life Insurance
:
the bonds the income received
of
:
NEBRASKA
:
1945.
000. ;These bonds-are due
;
,,
■
the-
then to the bidder offering to pay
therefor the highest price.
The
County (P. O. Shelby),
Bonds iPurchased-^An issue
^
be
amount bid
accept
MONTANA
Toole
will
complying with the terms of the
sale and offering to accept for
*
r
Sept.. 1,
which shall not be less than $75,000 nor more than $76,000.
The
-30, 1945. 2
15 Bond
THE COMMERCIAL & FINANCIAL CHRONICLE
,
proposed issue of $215,000. Prin¬
cipal and interest payable at the
Manville' National -Bank, > Man¬
ville. ' Each proposal must state
the amount; bid for
the bonds,
:
••%«:
•
:
:
Held
building
to cthe
general election.
(P. O.
Ohio 2
—
An
issue
bonds
voters
was
at
the
>
School
District, in Summit. Coun¬
ty, which was sold last night at
100.89 for IV2S with maturities of
in/1
/A7_fi7
This nrice
is about in'i
.
THE COMMERCIAL &
Monday, November 12, 1945
FINANCIAL CHRONICLE
2318
Willoughby Township Local Sch.
Dists. (P. O. Willoughby), Ohio
Bonds Voted and Defeated—The
expectations for such
an
issue.
The second, third and
fourth; bids
were
reported as
with
line
building
bonds were
voted at the election
and equipment
bonds
submitted to the voters was de¬
returns
have
to
issue of $110,plant con¬
equipment bonds
approved at the election held
municipal
and
was
3 disap¬
too early
on
all the bonds
Cushing, Okla.
Contemplaied—
Election
Clerk, that an election is
uled tentatively for early
approved.
school
City
sched¬
by Loren Crook,
It is stated
will be
Neither Cincinnati city,
power
Oct. 23.
Bond
cember to have the
in De¬
voters pass on
the
issuance
of the
following
Hamilton County
bonds aggregating $420,000: $225,submitted any bonds this year
000 Memorial Recreation Build¬
(some $41,000,000 of bonds were
ing, $150,000 city hall, and $45,approved in these communities in
000 fire station bonds.
1944), but practically every issue
submitted by the subdivisions in
Duncan, Okla.
district,
6.
$3,000,000
Voted—The
Bonds
immediately available through a
council manic loan.
Whether the
Pa.
post-war building bonds were fa¬
vorably voted at the election held
nor
Meredith
»Davis, Borough Secretary, will re¬
ceive
sealed
bids until 8 p.m.
(EST) on Nov. 19 for the pur¬
chase of $100,000 water works im¬
provement of 1945 coupon bonds,
not
exceeding
2M>%
interest.
Dated Dec. 15, 1945.
Denomina¬
tion $1,000. These bonds are due
$4,000 on Dec. 15, 1947 to 1971.
multi¬
ple of y4 of 1%, and must be same
for all of the bonds. Registerable
as to principal only.
Principal and
interest payable at the First Na¬
tional
Bank,
Barnesboro.
The
Rate of interest
to be in a
\
District
v
$212,000
Park School District
115MElmwood Place village
400M Deer
85M Finneytown
trict
Due
and
School Dis¬
125,000 electric light bonds.
$7,000 in 1948 to 1964,
$6,000 in 1965. : J
School District
Lockland School District
30M Harrison
,
225M
120M Mt. Healthy
1,300M Norwood
der
/
School District
School District
Schol District
Silverton village
225M Reading
118M Sharonville
100M
made to the
Award will be
village
375M Norwood city
bonds.
extension
sewer
offering the lowest rate
not
will
and
bonds
will
$34,000,000
sewer
are
on
the vote of the
was
D/4S, at
v
"This
public im¬
provements along the lines recom¬
mended
by the City Planning
Commission."
Although the effect of the
which
revenues
are
pledged
Tyndall, S. Dak.
Philadelphia, Pa.
the
project will soon be started.
;
Sch.
Springfield
Dist.,
Ohio
Bonds Voted—An issue of
;;
school
bonds amounting to $3,600,000, was favorably voted at
the
general
election
held on
purpose
Nov.
6.
*
Von Bur en
Township Sch. Dist.
(P. O. Dayton), Ohio
Bond
Offering—George L. Ernst,
receive sealed
District Clerk, will
bids until
purchase
noon
of
on
Nov. 23 for the
$37,500
refunding
bonds, not exceeding 3% interest.
Dated Nov. 15, 1945.
Denomina¬
tions $1,000 and $500.
Due Dec.
1, as follows:
$2,000 in 1947 to
1961, $2,500 in 1962 to 1964. Rate
of interest to be in multiples of
The approving opinion
of Peck, Shaffer & Williams, of
Cincinnati, will be furnished. En¬
close a certified check for 1% of
%
bonds
-;'T\
Election
V
amounting
following
The
—
$115,000,
to
to
exceeding 2y2% interest,
bear not
election
the
20:
to
held
be
on
Nov.
$100,000 swimming pool, and
$15,000 sewer bonds.
TENNESSEE
La
floated for the
acquisition,
equipment.
Bond
Follette, Tenn.
Offering—P.
W.
will
Clerk,
City
bids until
10
receive
a.m.
on
Nov.
Smith,
sealed16 for?
the
purchase of $242,000 1%% se~:
ries B-2, electric system revenue*
refunding bonds.
Dated June 1,*
1945.
Denomination $1,000. Due;
June
1, as follows:
$25,000 in.
1948, $26,000 in 1949, $27,000 in*
1950, $28,000 in 1951, $29,000 in*
1952, $30,000 in 1953, $31,000 in*
1954, $32,000 in 1955, and $14,000
in 1956.
The bonds are optional ?
for
redemption
any
on
interest?
payment date prior to maturity at
premiums of 2%% for the firsf
year and at premiums decreasing*
at the rate of % of 1% for each*
fraction thereof. Issued!
of refunding h
like principal amount of Electric!
System Revenue bonds, Series B,'
which bonds were issued for the
or
year
the
for
purpose
of refunding a part of an
original series of $500,000 Electric
System Revenue bonds, and will
be payable, together with the re1mainder of said
original series, £
and such bonds as may have been
purpose
issued for the purpose
of refund¬
ing bonds of said original series,
and such other obligations as mayV
be issued on a parity under the
provisions of the resolutions'; aii-\
thorizing said bonds, from the net
revenues to be derived from the
the City's electric
systeni. The City tvill f
supply the approving opinion of
Chapman & Cutler, .of Chicago,
and all bids must be; so condi-'
tioned.vNo bids will be accepted*
for less than par and accrued in-;
terest to- Dec. 1, 1945. - Enclose /a
used within a property.
anproval of the proceedings by the certified check for 2% of the
l: Tulsa, Oklahoma
Owners
of
small
properties, Department of Internal Affairs. bonds, payable to the City Treas-j
"Bond Election—The following such as the average home, will be Enclose
a
certified
check for urer. f
required to pay a sewer tax equal
city, improvement bonds amount¬
$1,500* payable to the District.
TEXAS
ing to $7,000,000 will be sub¬ to the amount of their annual
I
;v:
* 7:*
water
bill,
while
large
water
mitted to the voters at the elec¬
SOUTH CAROLINA
Angleton, Texa*;.. ■■..'■.'ofv
tion to be held on Nov. 20, in con¬
users, principally industrial estab¬
Bonds Voted—An issue of $200;v I
Anderson, $. Car.
lishments, will pay proportionate¬
nection with post-war projects:
000 water and sewer system bonds I
Bond Sale—The $100,000 Semi¬
ly less down to a minimum of 50%
$3,000,000 water bonds. K
was favorably voted at the elec- •
of their water rent.
annual funding bonds offered for
187,000 fire stations and equip¬
tion held o.u pet. 6.|
;
The tax, however, will not be-! sale on Oct. 30—v. 162, p. 1942—
ment bonds. ;
Bit hop, Texas \
come
,y .•
completely operative until were awarded to Hamilton & Co.,
43,000 traffic signal bonds.
the sewage
disposal program is of Chester. Dated Dec. 1, 1945.
'Bonds Sold—An. issue.. of; ,$?5,~
20,000 Negro detention homes
bonds.
-
,
»
400,000 sewage disposal
50,000 street warehouse
3.000,000 streets bonds.
finished.
the
300,000 parks bonds, /<
bonds.
bonds.
sewer
During the first year,
charge will be 60%
of the water rent with a
each
crease
year
until
Clackamas County,
Water Dist.
year,
Robinwood 'j
Milbartk
(P. O. Oregon
bonds.
Voted —At
*
-
which
until 1950, at
proposed sewage
effective
time
the
treatment
City), Ore.
Bonds
the full assessment will not
become
an
plants and a network of
intercepting sewers are expected
to be completed.
,
Martin J.
of
Public
plans
McLaughlin, Director
Works, announced that
were
are
$5,000
due
on
1948 to 1967.
SOUTH
full
amount of the levy is reached.
Thus, if the tax is levied next
OREGON
bonds
distribution
about 95% completed,
Sch.
DAKOTA
Diet.' (P. O.
Milbank), S. Pah. V
Bond
Offering To - Be Deter¬
mined—It is stated by W.
T. Rae-
bel, Clerk of the Board of Educa¬
tion, that at the regular meeting
of the Board on Nov. 12, a date
of sale will be fixed on the $200,000
construction
bonds
the voters at the
Oct. 9.
v.,/':;.;
by
■
000'
2V4%
approved
election on
;*•:
street,
improvement:
purchased recently by
J. L. Wright & Co.,- of San An-;
tonio, at a price of 101.046, a basis,
of about 1.87%;
Dated Oct. 20,i
1945., These bonds are due on Oct.
bonds
in¬
10%
the
These
Dec. 1, from
of
operation
-
election
held on Oct. 15 the voters are said
to have approved the issuance of
water
main and
well'
bid for, payable to the $26,300
Board of Education.
voters
auditorium
will be submitted to the voters at
*
of 1%.
the bonds
the
to
$25,000
■
Bond
public improvements.
park, playground
construction and
City's Right to Levy Sewer Tax
The
Yankton, S. Dak.
following projects:
such purpose.
—
bonds.
$1,500,000 street improvement and
bridge construction.
1,500,000 recreation
centers,
for
of
issue
an
submit
to
20
Nov.
a
The loan would be
Ordered
Mayor and City Council have or¬
dered an election to be held on
.
the Federal Govern¬
Election
Bond
Contemplated—The
number of
follow¬
$60,000 refunding bonds.
33,000 funding bonds.
$24,700,000 of bonds,
1,000,000
incinerator construc¬
Upheld—Philadelphia's right to
V
Hollister,
tion
and garbage reduction
consisting of $8,700,000 Columbus
impose a sewer tax was upheld
Bonds Offered—W, H. Oakley,
plants.
city, $6,500,000 Columbus School
by
the
Pennsylvania Supreme
District and
$9,500,000 Franklin Town Clerk, received sealed bids Court in a far-reaching decision,
Stowe Township Sch. Dist. (P. O.
County, are all reported to have until 8 p.m. on Nov. 6, for the Oct. 30, which paved the way for
McKees Rocks), Pa.
been approved in a vigorous cam¬
purchase of $13,000 water works an early start on the city's pro¬
Bond
Offering — Asberry
C.
paign for passage of all issues. bonds. Due $1,000 July 1, 1949 posed $42,000,000 sewage disposal
Green, District Secretary, will re¬
Such campaigns have become fa¬ to 1961.
program.
ceive
sealed bids until 8 p.m.
miliar around the country in the
Handed down by Justice Wil¬
Seminole, Okla.
(EST), on Nov. 12, for the pur¬
past year or two, and have gener¬
Bonds
Voted — The
following liam B. Linn, the decision brushed chase of $75,000 funding coupon
ally met with considerable success
aside all legal objections raised in
bonds amounting to $171,000 were
bonds. Dated Nov. 1, 1945.
De¬
in winning the voters' approval
a taxpayers' suit against the sewer
favorably voted at the election
nomination $1,000.
Due Nov. 1,
for the project as a whole.
rent ordinance and pointed
out
held on Oct. 23:
$50,000 airport;
as follows: $8,000 in 1946 to 1950,
the city had authority under acts
Early meager returns indicate
$50,000 park; $10,000 cemetery;
and $7,000 in 1951 to 1955. Bid¬
approval
of
$1,175,000
Elyria $6,000 municipal building; $14,- of the State Legislature to collect
ders to name the rate of interest
water works bonds.
Other issues
a
tax to finance the construction
000
sewer
system, and $41,000
in a multiple of V\ of 1% and
and maintenance of a sewer sys¬
approved include $360,000 Fay¬
garbage disposal system bonds.
must be the same for all of the
ette County and $150,000 Frank¬
tem.
bonds. Principal and interest pay¬
Seminole Sch, Diet. (P. O.
lin village, in Warren County.
Hailing the court's ruling as able
at
the
Bank of McKees
Seminole), Okla.
The only issues reporte disap¬
"one of the greatest advances in
Bond
Election—An issue
of the history of the city," Mayor Rocks, McKees Rocks. The Dis¬
proved in our early information
trict will furnish to the purchas¬
$40,000
3%
construction bonds Bernard Samuel said it "will
are: $125,000 Norwood City, $150,er, free of charge, the favorable
make it possible for the city to
000 Wilmington city and $4,000 will be submitted to the voters
legal
opinion
of
Burgwin &
Woodlawn
School
District,
in at an election to be held on Nov. go ahead full speed on the mu¬
Churchill, of Pittsburgh.
Their
15. These bonds will mature in 10 nicipal sewage disposal program,
Hamilton County, ''i'-i
opinion will state, inter alia, that
which will completely eliminate
The voters of Covington, Ky. years.
the bonds are valid and binding
the city's pollution of the Schuyl¬
(located just across the river from Tulsa County (P.O. Tulsa), Okla.
general obligations of the Dis¬
kill and Delaware Rivers and will
Cincinnati and av part of metro¬
Bond Election Postponed-—The
trict, payable as to both principal
give the city borrowing capacity and
politan Cincinnati), approved an $1,750,000 road and bridge bonds
interest 'from
ad valorem
for sorely needed improvements."
issue of $690,000 of bonds to fi¬
taxes levied upon all the taxable
will be submitted to the voters at
The tax, which presumably will
nance the city's share of a $3,000,an election to be held on Nov. 20,
property therein within the tax
be levied early next year, will be
000 flood wall improvement. The
limits prescribed by law. The sale
and not on Nov, 12, as previously
based on the amount of water
balance of the cost is to be con¬
of these bonds is subject to the
reported.
/
ment, and it is expected "that
Purchased—The
Council is said to be
authorize
par.
bonds amounting to $93,000
were
purchased on Sept. 27 by
Kalman & Co, of St. Paul:
A total of
tributed by
price of
a
Newell School Pist., $. ■Dak.. 'T
Bonds
City
taking action
Councilmanic Loan
totaling $4,000,000, in order to
make possible an earlier start on
Loan
next
ing
money," he said, "will be
available for post-war
a
of*
These bonds
1, from 1948
highest bidder
Park-Shaughnessy & Co., for;
The
future.
to
basis
a
due on Jan.
1965.
election.
Controller
Robert
C.
White, while pointng out that im¬
position of the sewer tax "will be
tantamount to an increase of 18
cents in the real estate tax rate,"
declared that the effect of the rul¬
ing would be to give the city a
constitutional borrowing capacity
of about $50,000,000 in the near
be
general
shall rest
100.009,
for
spent
obligation
alone for
their payment and the payment of
Due interest and taxed covenanted to
and be paid thereon, upon the prop¬
erty of the Borough Water Works
bid¬ subject to the lien, and the rev¬
and enues derived from said property
agreeing to pay par and accrued
interest. These are the bonds au¬
thorized at the election held on
Oct. 16. A certified check for 2%
of bid is required.
.
water
Dated Nov. 1, 1945.
depend
remaining
,
$12,000 in 1948 to 1964,
$8,000 in 1965.
price of
a
about 1.249%.
City
Offering—J.
Bond
will be
improvements
at
deci¬
sion will provide the city with
new
borrowing power, actually
bonds will be sold to the highest the city will have to. petition the
bidder subject to the approval of courts to have both the existing
the proceedings by the Depart¬
and
proposed sewer debts de¬
Hamilton County was approved.
Bond Offering—Jno. L. Davis,
ment of Internal Affairs. No bid
clare self-supporting.
The following issues in the county
City Clerk, will receive sealed for less than par and accrued in¬
City Solicitor Frank F. Trusappear to have been approved:
bids until 7:30 p.m. on Nov. 12,
terest or for less than all of the
cott said he planned to present
$200M Bridgetown School District for the purchase of the following bonds will be accepted. Enclose
his
petition in Common Pleas
128M Cheviot city
coupon
bonds
amounting
to a certified check for $2,000, pay¬ Court within the next few days.
250MColerain Township School $337,000:
.
•
able to the Borough.
The bonds
.
Dak.
Denomination $1,000.
people at next year's
Nov. 6.
Barnesboro, Pa.
struction
S.
Sale—The $110,000
State
Allentown Sch. Dist.,
r:i;
on
Bonds Voted—An
000
issues, but this ratio of approval
indicates that a very high per¬
centage <5f
*
Bond
1
■■■<■
tion held on Nov.
Cherokee, Ohla.
most of the
on
v,
OKLAHOMA
$279,000 not approved. This infor¬
mation shows 20 subdivisions ap¬
proved issues and only
proved. It is, of course,
■
-
'
bonds
of
000
feated.
returns, shows $30,056,approved and only
meager
$850,000 township
joint
high school
'
before the supply improvement bonds offer¬
Sanitary Water Board," he ed for sale on Nov. 7—v. 162, pJK
Bonds Voted—An issue of sewer
declared, "and we expect their 2199—were awarded to the Com¬
system
and
sewage
treatment early approval."
mercial
Trust &
Savings Bank,
J
plant bonds
totaling $1,300,000,
Of
the
proposed $42,000,000 and the Mitchell National Bank,
was favorably
voted at the elec¬ sewer expenditure, $8,000,000 is both of
Mitchell, jointly, as iy4s,
Abington), Pa*
building
yesterday on Ohio issues indicate
that a vast majority of the total
of
$104,000,000 of
bonds sub¬
mitted will be approved. Informa¬
tion available this morning, some
of
it final but some based on
*
'village
and
the voting
of
issue
An
Issues
Preliminary reports of
h
Nov. 6;
Voting On Bond
Yesterday |
Results of
and village
favorably
held on
township
$294,000
100.56 and 100.19, respec¬
for 1 Vz% bonds.
100.64,
tively, also
next year.
"The plans are now
O.
Mitchell,
that work could start early
and
PENNSYLVANIA
Abington Township (P.
was
in 1946, and
1958. Optional
20, as follows: $1,000
$2,000 in 1947 to
Oct. 20, 1948..
•fV-'-S
'j.*; *.*. ?
■}'!
]fjt
*V*..*%
••
••
$225,000 revenue bonds was favorably
voted
at
the
election held ; on
Oct. 16."
:
i 1
:
Bonds Voted—An issue of
^
Volume
162
Number 4437
THE COMMERCIAL & FINANCIAL
CHRONICLE
Burleson Cons.
Indep. Sch. Dist.
O. Burleson), Texas
"Legality Approved—An issue of
Municipal Bond Financing in September
(P.
frW
Long-term financing by States and other public bodies
the month of September again showed little
change, insofar
$10,000 2^% school bonds, series
of 1945, has been approved as to
legality by W. P. Dumas, of Dal¬
las.
These bonds
are
dated
County
Sept.
7,
(P. 0» Rusk),
Texas
..."'7'
.
Bond Election Planned—An
of
sue
indications
is¬
of
$475,000 road construction
may be submitted to
the
bonds
voters at
for the
new
that
Bond Election Scheduled—It is
reported that city officials are
planning to hold an election on
pec. 8, to pass on the issuance of
$40,-
for
.
♦
ment
final
vince.
250,000 City Hall
250,000 Street Lighting
275,000 Traffic Control
K
"
a
1
(U.
U.
Dumas,
S.
*
1942
Texas
;
1564
425,538,342
20,530,382
,-.-364,400,797
1939
450,219,116
1938
N«me
*-
-
D.
No.
S.
v5
1335 ;
Alliance,
County,
1973, $34,000 in 1974, $35,000 in
and
1976, $36,000 in 1977,
1975
after
30
in
and accrued in¬
days' published
(Continued oh page 2320)
100.069
1.29
1947-1965
"35,000
100
3.62
1%
1951-1954
r50,000
100.662
1.61
Ia.__i'/2
1946-1965
100,000
101.75
1.31
100.74
1.08
1946-1953
Bryan,
1948-1963
150,000
100.029
1.82
Bryan,
1946-1960
d25,00C
100.62
1.85
1946-1955
35,000
Consolidated S. D.,
Dist.,
Texas_____2
Texas
;
1686
1*45
Cazenovia,
1447
Cherokee
1684
No. 2.
Texas^^^r---1-^2-2%,
Chickasaw-County Supervisors
■
■
1444
N,
^
1682
2*4
32,000
,
1946-1969
120,000
100.599
320,000
30,000
100.33
120,000
100.055
yrs.
1946-1975
2.18
•
.
1.87
District
r
^ 1947-1965
.
1946-1955
County supervisors-
2.08
'
15,032
100
12,043
100
'
—.
-
Districts Miss.
1946-1955
1560
Claremont, Calif.
C3ewiston, Pla.———_3-3'/2-4
Contra Costa County, Ambrose
School.District, Calif...,
2-3'/a
Contra Costa County, Vine Hill
School District, Calif.^.^.
i-JZVs
Conway, Ark.
3
1565
■<
Cutler City Water Dist.- Ore.—
1443
,
10-20
•
Miss.
Chickasaw
1684'
—2
County Road
District,
r600,000
24,000
1946-1953
2-1%
Texas
Burlington Township
Calais Sch. Dist,, Me
Caldweil.Texas
Dallas
1686
1948-1965
*
f
120,000
rImp. Dist: No. 3, .Tex..^>.2y3-3 %
Danvers, Mass.
_iy«
2.09
100.365
2.47
25,000
,
1947-1966
1948-1969
100.024
29,000
.
11948-1966
100
6,000
100.22
600,000
d400,000
.
100.03
1.71
100.012
3.15
100.70
1,11
101.53 V
1.60
Dallas Cnty. Water Control and
1683
'
„
1
,
•
;
1447
'
30,000
166,000
—
133C;lCuyah0ga Heightsr Ohio
•
County, Tex.—_J„l'/2-l%
1947-1968
6225,000
28,500
1946^1955
County, N. C..
.__1V2
1958-1961
County, N. C
_.___l'/2
1958-1961
Detroit
Lakes, Minn-.—1946-1955
Drew County 8. D. No. 15, Ark.-lVi
—Eastern Kentucky State
"
-,
■<•
Teachers College, Ky.———2
1946-1955
Eastern. Kentucky State.
1563
Davidson
26,000
Davidson
1560
1444'
>
1444
100.89
1.43
20,000
100.89
1.43
1,300
10Q
14,000
*
,
.* *
.
\
r35,000
>
.
.
-
Teachers
College,
Ky.-—'
1444
East
1447
Edgemont Indep. S. D. No. 27,
Moline, 111.
Dakota
South
1223
-__2,/i
iy«-l%-2
K
1333
1332
Penton
1684
1683
v
Neb.__"„—
Gladstone
7 /;:..■■■
No.
1447
Goose
Goose
Creek,
1682
Grand
Guadulupe County
1333
D.
No.
Hackensack,
N.
N.
2*^-2%
IV2
J.———1.40
-?2-2%-2»/4
Henderson.
Hennepin County Independent
D.
No.
1
,
19, Minn—
'
300.000
2-1% >
v.
1950-1955
r218,000
1946-1965
103,000
•
.r
2.68
-:.i
<
1.50
<
101.666
1.30
100.315
1.35
100
^.7
d450,000
---
2.37
100
> 100
35,000 7
100
30,000
1947-1971
0.36
!
150,000
1947-1961
7
—
100,7..
,3.55
0.36
—
'
•
7
—l'/a
1444
s.
1946-1964
Municipal
Mex
1447
Texas
1946-1967
.
*
✓
32,000
v —r— '
r85,000 %
100
v
1946-1950
——
Basis
100
'
82,000
l*/a-2-2*/a
,
1
70,000
1946-1950
.
;2.00
.
■
d250,000
-
J
—-.J.
100
,
r78,000
•
—
Texas—
8.
v.
1948-1955
%
Junction, Colo
1563
-
,
;
105, 111
Creek, Texas-
-
:v 1946-1965
High School District
1447
S.
,
——
—
Townsihp School
- District No, 5, Mich.—-1
Fremont,
V
—
—
r228,000
"28,500
:
—
■
.
,
1946-1962
2
—
Campo, Tex.
Elk. River, Minn
1979.> Optional in inverse numer¬
ical order at par
800,000
Breckinridge County, Ky._—____2'/4
Breckinridge County* Ky«;
£±-±2 'A
1333
Denominational,-
$20,000 in 1950 and
1951, $21,000 in 195^ and 1953,
$22,000 in 1954 and 1955, $23,000
In 1956 and 1957, $24,000 in 1958
and 1959. $25,000 in 1960 and 1961,
$26,000 in 1962 and 1963, $27,000
in 1964, $28,000 in 1965 and 1966,
$29,000 in 1967, $30,000 in 1968
and 1969, $31,000 in 1970, $32,000 in 1971 and 1972, $33,000 in
terest
75.000
1954-1963
,
1.30
1447
Public—-An
$32,000
1.48
1948-1957
Md.___;
1447
2%%
and
100.134
'
400,000'
1.29
L_3-3%
County,
Reclamation
Co., of Denver, and C.
1978,
1947-1971
100.641
1561
1561
1949,
in
—
100.62
Bennett
awarded
Due Nov. l, as follows: $19,*
$37,000
r30,000
—.
V/*"
0.89
-
;
75,000
w—1,500,000
—____—1'/3
Iowa—
100.04
.
Brazos River Conservation and
1333
in
;
100.672,1.42
1332
Nov,
000
Basis
•
1335
1563
000.
rill,000
.
1%
Bangs, Texas —
Bedford, Ohio
1446
F. Childs & Co., of Chicago, Dated
1, 1945;
T600,000
1947-1952
1%
Pa
Ohio
Audubon
Baltimore
Price
.>
r3,500
.
1953-1954
4V2
1447
water
works system
revenue bonds
is
being offered for general invest¬
ment by a syndicate composed of
the Ranson-Davidson Co., Barcus,
Kindred &
776,526,062
903,210,360
695,435,546
Amount
Pulaski Counties
and
Aliquippa, Pa.
Allegheny County,
1565
1446
Harlingen, Texas
to
69,392,652
24,003,498
Community High S. D. No. 37, V
~
1560
-
756,887,942
74,295,414
1946-1959
Alexander
1331
$850,000
Fdrthe
Nine Months
,
Illinois
Details—The $100,-
Offered
i*
i—....
Maturity
——4
Akron, Ohio——:
——.lYa
Albert, Lea. Minn..i—.I—u...0.90
.
15,(1945.
Bonds
1940
Rate
r
C
1331
2. These bonds are dated Nov.
; "
r
*
30,
1562
Nov. 15, 1946 to
^1957, as 2V4S, and $64,000 matur¬
ing Nov. 15, $3,000 in 1958 to 1965,
arid $4,000 in v!966
to 1975, as
issue ' of
Month of
September *
51,351,171
1941
"Abbeville County, Cold Springs
S.
Oct. 20 to McRoberts Graham
v- ■■-!
following table, showing
-
23,195,332
——...
/
No.
turing. $3,006
i
None
None
Page
i335
& Co., of San Antonio, and C. R.
Woolsey
&
Co.,
of
Lubbock,
jointly, at a net interest cost of
about
2.66%—v.
162, p. 2071—
were sold as follows: $36,000 ma¬
>
For the !
$604,028,292
1561
house bonds
school
18,284,000
None^^fe:
.-500,000
60,000,700 226,121,832
Nine'Months
18,336,816
1943—
Consolidated Indep.
School District, Texas
on
;
46,584,316
$46,882,703
1942__——-
Groom
000
None
September
bonds.
Sale
None
Month of
,
1220
Bond
None
aggregate, excluding, temporary loans and also Canadian issues,
£pit.'September and the nine months for a series of years:
19f»K___
the following bonds aggregating
$1,748,000, is said to*be up for ap¬
pro vSlI at an election scheduled for
ffov. 27: $380,000 street and alley
Improvement; $83,000 sewer sys¬
tem improvement; $115,000 water
system
improvement;
$406,000
Street and highway improvement,
and $770,000 drainage system con¬
.
7,861,500
None
For comparative purposes we add the
of
?} Bbnd Election—The issuance of
v
389,718
4,500,000
None
'
51,351,171
53,897,423
123,532,594
temporary securities issued by New York City: None in
September, 1945;
September, 1944; $35,000,000 in September, 1943;
$40,000,000 in Sep¬
and $35,000,000 in September, 1941.
1^44—:
struction
39,080,600
265,000
the
'
§f
'-'.M 1941
1942
in
*
v
<*
27,988,500
"V,
-
61,139,753
Includes
tember,
"
1943
•
23,195,332
194,565,000
Possessions.—
U.
$25,000,000
-
Galveston,
•£<
20,530,382
3,235,400
S.~_-,
».
P.
1944
18,330,816
6,521,650
in
total
the balance of which will be held
in reserve until needed. Legality
W.
46,882,703
Canada,-—£•
Total
$480,000, to be issued to
finance the purchase-of the Cen¬
tral Power and Light Company,
"
«;• $
S.)
in
Bonds
of
by
1945
~
."V*"*
loans
Placed
recently by the
Ranson-Davidson
Co., as 2%s.
Dated Sept. 15, 1945. Due in 1975.
part of
and the two operations constituted the
step in the debt reorganization program effected by the Pro¬
Placed
purchased
approved
issue.
*Temp. loans (U. S.)
Canadian loans (perm.)—
Bonds Sold—-An issue of $400,000 series of 1945, revenue bonds
Dallas.
placement in this country of the $26,093,000
A much smaller offering was made
Alberta
~
Perm,
Edirtburg, Texas
are
of
■
■
bonds
same
A comparison is given in the table below
of all the various
forms of securities placed in September in
tbe last five years:
>
175,000 Auto Testing Station
issue
new money
simultaneously in Canada
300,000 Garage
These
State of California and
Province
2,500,000 City Hall
was
refundings,
consisting
v2,100,000 Sanitary Sewer
It J,000,000 Library >
♦
volume
,
of the Province of New Brunswick
issue, which was marketed in
the United States.
The October aggregate will be greatly
enlarged
in consequence of the
'
2,900,000 Water Works
.
the
terial awards of thet
$7,000,000 Auditorium
10,000,000 Schools
1,500,000 Market
1,000,000 Airport 7
2,000,000 Livestock Building
2,000,000 Streets
'
'2,800,000 Storm Sewers
2,500,000 Parks
*1,450,000 Fire Station and Equip1
50,000
capital
new
representing
.
10,000
$2,840,000 for Richmond, Va., both
deals.
During the past week several ma¬
type were concluded. With Baltimore,
contributing $13,050,000, and Houston, Texas, $2,350,000.
Getting back to the record for September, we find that tempor¬
ary loans were placed in the total volume of $6,521,650.
This de¬
partment of municipal financing has ' been relatively
unimportant
throughout the war years, as the, States and municipalities have ex¬
perienced no difficulty in maintaining operations on a cash basis.
As for Canadian
municipal bond awards in September, the
grand total was no more than $7,735,400, with $4,500,000
000,000:
•'
represented
awards for
,
be manifest.
2,110
10,000
$46,882,703, only
the balance being made up of
purposes.
Likewise, of the August output of
$44,560,023, the amount for refunding was only $7,358,500.
Further evidence of a growing trend toward a substantial ex¬
pansion of local public borrowing is available in the present calen¬
dar of pending awards.
The list now includes items of $15,000,000
Texas
the following bonds totaling
soon
r39,000
120,000
that while the September sales were no more than
$9,461,000
,
improvement in the
widely anticipated
Basis
70,000
is available in the composition of the borrow¬
the past several months.
Thus it is to be noted
ing negotiated in
future.
Dallas,
me
capital financing will
Price
r67,000
Evidence of this
election contemplated
an
near
vol¬
as
is concerned, from the trend
during the war years.
Awards
during the period involved an aggregate principal amount of $46,882,703 pf bonds, which compares with the August output of $44,560,023.
It is at once apparent, of course, that the States and their
political subdivisions thus far have not been able to implement plans
for post-war improvements and new
projects.
However, there are
ume
1, 1945.
Cherokee
Amount
during
0.76
Monday, November 12, 1945
FINANCIAL CHRONICLE
THE COMMERCIAL &
2320
2319)
follows: Bonds matur¬
(Continued from page
notice, as
order of maturities
in inverse
1974, are optional
interest paying date on
and after Nov. 1, 1955; and bonds
maturing in 1975 to 1979, are op¬
tional any interest paying date on
and after Nov. 1, 1950. Said bonds
will bear 4% interest to Nov. 1,
however,
ion
called;
conditions
the < above
described
and limitations shall
not prevent or prohibit the Dis¬
trict from calling for redemption
on Oct. 1, 1955, or on any interest
any
thereafter. Inter¬
est is represented by two sets of
coupons one of which will be de¬
tached resulting in the offering
of 2V\% bonds. Principal and in¬
terest payable at the Chase Na¬
tional Bank, New York.
These
election
issued
purchase
from the Central
Power & Light Company all of
authorized at an
bonds,
for that purpose, are
held
exclusive first lien
with, surplps^fynds of>
the
trtct, there is being provided the
premium paid to the RFC, in re¬
purchase at 105 of the District's
bonds, refunded by this issue, and
other
refinancing.
of
expenses
levied upon all the
from un¬
to be
taxable prop¬
erty in the District,
including im¬
Said
bonds are payable
taxes
valorem
ad
limited
and
upon
the pro¬
together
1955.
by McCall, Parkhurst & Crowe, of Dallas.
Bond Election—It is said that
an
election has been called for
Nov. 20 in order to have the vot¬
ers pass on the issuance of $638,000
various municipal improve¬
ment purpose bonds.
ity
approved
Hidalgo County Water Control and
Improvement Diet, No, t
(P. O. Edinburg), Texas
Bonds Offered For Investment
$1,063,500 refunding
bonds is being offered for gen¬
eral
subscription ." b.y John Nuveen
& Co., of Chicago.
Dated
—An issue of
-
M.
for
17
Nov.
•
the
oh
:
•
'
'
Trust
Bank
V
:
shall
due
April 1, 1968, are op¬
tional at par and
accrued interest
(provided that all
higher numbered bonds have been
on
Oct. 1, 1950
and
redeemed)
payment
date
on
any
interest
thereafter, and if
less than all such bonds be called
at
any
called
one
shall
time,
be
then bonds
selected
by
so
lot;
bonds
*
maturing April 1, 1967, are
callable on Oct. 1, 1954 and on
any interest payment date there¬
after at par- and accrued interest
(provided all bonds due in 1968
have been called) and by lot if
less than all bonds due in 1967 be
called at any one time; and bonds
maturing
April
1,
1956
to
1966,
Oct. 1, 1955, and on
interest payment date there¬
after at par and accrued interest,
are
callable
any
provided bonds maturing in 1967
and 1968 have been retired, and
jf less than all of such bonds ma¬
turing April 1, 1956 to 1966, are
retired at any one time, then the
-
bonds
so
called shall be redeemed
noted
Nov. 8
by
to
as
bids
follows:
>
proposed conditions of sale, the
city of Houston, Tex., rejected
yesterday all ,bids just received
for $2,350,000 of various purposes
bonds
due Dec. 1 in the years
1946 to 1970. Investment bankers
will be asked to resubmit bids on
1, as follows: $1,000 in
1942, $2,000 in 1943 to
December
1940
and
1947, $3,000 in 1948
1945 and
1949, $4,000 in 1950,
and
$1,000 in 1951,
$4,000 in 1952, $5,000 in 1953 and
1954, $6,000 in
1955, $3,000 in
1956, and $4,000 in 1957. All of
bonds are payable
at the Mercantile National Bank,
Dallas.
Interest ceases on date
the outstanding
called.
bell,
Arthur, Texas
Offering—Joyce
City
Camp¬
announced
has
Clerk,
Terry County (P. O.
following
Offered
;
bonds
Public—The
amounting to
to
,
Associates:
y
and associ¬
ates were high bidders in a field
of nine competitors for the Texas
bonds.
They offered 100.019 for
$2,150,000 maturing Dec. 1, 1946,
Brownfield),
$375,090; are^-being' offered for
general
investment
by B. I, V.
Christie & Co., of Houston, and
"Phelps, Fenn & Co.
,
$69,000 1%%'. Road bonds. Due
April 1, as follows: i $17,000
in 1947 to 1949, and $18,000
*
;
"
~
in
1950.
Bank
of
First
the
Corporation,
Securities
Union
2%
April 1,
93,000
National
Boston, Shields & Co.,
were
Stuart & Co., Inc.,
Harriman Ripley & Co."
Halsey,
and
in
in
to
1956
1959
and $21,000
1958,
and
1960.
.111,000 2y2% Road 'bonds.
Due
y April 1, as follows:
$22,000
i
in 1961 and 1962, $23,000 in
1
Bonds
held
on
proved
revenue
Llano, Texas "
-V *
Voted—At the election
Oct.
the
30
the
bonds
to
voters
ap¬
of $400,000
purchase the
issuance
1956, optional in
Co.,
of
of
both
Savings
A;
1963 and 1964, and $21,000
in
Dated Oct.
tion
est
$1,000.
(A-O)
WYOMING
Laramie, 'Wyo,
Bond Call—Ernest Carter, City
■
York;
New
National Trust
of
Association,
San
Treasurer, calls for payment on
15, at the First National
Nov.
Co., of Chicago; National City
Bank, of Cleveland; First Nation¬
al Bank, of St. Louis; First Na¬
tional Bank, of Boston; Riggs Na¬
1, 1945. Denomina¬
Principal and inter¬
payable
at
street drainage,
CANADA
Canada (Dominion of)
.
Calls
$115,000,000
New; York
of Washington, D.
C., and banks in other cities, as Pay Bonds--J. L. Ilsley, Finance
follows:
$427,000
Kern
County Minister, announced on Nov. 7
Housing Authority, Cal., notes, at the government was calling for
.65%; $2,607,000 Chester Housing payment in January, 1946, three
Authority, Pa., $11,130,000 Detroit Dominion of Canada bond issues,
Housing Commission, Mich., $1,- payable in New York funds, aggre¬
000,000 Thirteenth Series, New¬ gating $115,000,000. The issues are
port
News; Housing
Authority, the 3s of Jan. 15, 1967; Jan. 15,
Va;, notes, at .66%, and $397,000 1953, and J an. 15, 1958.
Mr. Ilsley explained that since
Anaconda
Housing
Authority,
substantial purchases of Canadian
Mont., $198,000 Darlington Coun¬
securities by United States invest¬
ty Housing Authority, S. C., $345,ors over the
last few years* in¬
000 Meridian Housing Authority,
creased Canada's external indebt¬
Miss., at .67%; plus small pre¬
edness, the opportunity was being
miums.
-V
taken to offset them in part by
Salomon Bros. & Hutzler, of New
the prior redemption of these ex¬
York, were the successful bidders ternal issues. *
tional
Bank,
for $1,000,000
Twenty-Seventh Se¬
ries, Chester Housing Authority,
Pa., notes, at .62%, plus a premi¬
um
of $14.00; $1,500,000 TwentyNinth
Series,
Chester Housing
Authority, Pa., notes, at .64%, plus
a
premium
of
$19.00;
$1,000,000
Sixty-Ninth
Series,
Detroit
Housing Commission, Mich., notes,
at .65%, plus a premium of $15.00;
$1,000,000 Eleventh Series, Fay¬
ette
County Housing Authority,
Pa., notes, at .59 % , plus a premi¬
um
of $13.00; $1,036,000 Twelfth
Series, Fayette County Housing
Authority, Pa., notes, at .57%,
plus a premium of $17.00; $562,000 Madison
County Housing Au¬
thority, 111., notes, at .64%, plus a
premium
$7.00;
of
$1,000,000
Housing
Authority, Tenn., notes, at .56%,
plus a premium of $11.00; $427,000
Thirteenth 'Series, Memphis
Housing Authority, Tenn., notes,
at .58%, plus a premium of $7.00,
and $1,443,000 Paterson Housing
Authority, N. J., notes,- at .59 %,
plus a premium of $19.00.
The Bessemer Trust Co., of
-
Frank Wallace to Address
NACA Brooklyn Chapter
Mr. Frank Wallace of
&
Co.,
McKinsey
consultants,
management
meet¬
will address the November
ing of the Brooklyn Chapter of
the National Association of Cost
Accountants
Branch
Hanson
in
the
of
Place,
the
Centra 1
Y. M. C. A., 55
Brooklyn,
on
P-m./'
Wednesday, Nov. 14, at 6:30
the
subject
"Dividends'!
Through More Effective Financial
on
;
'
Statements."
A
specialist
controls
and
in
>
management
organization,
Mr.
the need for
Wallace will discuss
presenting internal financial and
control data in such manner that
operating executives can make the
most effective use of the infor¬
mation.
-
&
Co.,
-"
„
his joining McKinsey
Prior to
Mr.
Wallace,
a
certified
public accountant, was engaged in
public accounting for many years.
,
Jer¬
City, was the successful bidder
$850,000 Corpus Christi Hous¬
ing
Authority, r Texas,
$312,000
for
Authority,
Twelfth
Series,
Housing Author¬
ity, Va., and $890,000 TwentyFifth
Series,
Oakland Housing
Authority, Cal., notes, at .55%,
plus premiums of $12.00, $6.50,
Fort
Wayne
Housing
Ind.,
$683,000
Newport News
$11.00 and $12.00,
respectively.
of America Nation¬
Savings Association, of
was the successful
bidder *for
$3,000,000
Oakland
The
Bank
al Trust &
San Francisco,
1965.
r
$1,000,000 each year.
of
Bank, Bankers
America
.v
,
sey
'
Road bonds.
Due
as follows: $18,000
in 1951 and 1952, and $19,000
to 1970, with a 1V4% coupon, and
J -'
in 1953 to 1955.1,
'
$200,000 maturing Dec. 1, 1946-'65,
102,000 2*4% Road bonds.
Due
with a 5V2% coupon. .Other bid¬
April 1, as follows:h $20,000
ders
These bonds;
1947 to
inverse numer¬
ical order on any interest dateon and after Dec. 1, 1951. '
interest.
due $91,000 on Dec. 1,
are
which includes
Twelfth Series, Memphis
Bonds
*
Nov. 21.
$910,000
grading and gravel surfacing Dis¬
trict No. 2, bonds, Nos. 143-154,
dated Nov. 15, 1936.
;
formal
the
of
bonds, not exceed¬
Bank of Laramie,
payment on Dec. 1. Dated June 1,
1939.
Denomination $1,000. Due
Port
invitation
bidders failed to set forth full
"Because
by lot; $206,000
selected
be
bonds
called
purchase
Union Trust Co., of Pitts¬
burgh; Brown Brothers, Harri¬
man & Co., New York Trust Co.,
both of New York; Northern Trust
1,
be called then the bonds so
the
214%
ing
school
troit;
.
>
will
Francisco; National Bank of De¬
that she will receive sealed bids
will be received until Nov. 21 for
1945. Denomination $1,- the purchase of the following until 7:30 p.m. on Nov. 13, for the
000, one for $500. Due April 1, as bonds amounting to $2,350,000, for purchase of the following bonds
amounting to $325,000:
$200,000
follows; $12,500 in 1946, $14,000
which all bids received on Nov.
seawall tax remission, and $125,in 1947, $15,000 in 1948, $22,000
7—v. 162, p. 2072—were rejected:
000 fire station bonds.
in 1949, $25,000 in 1950, $26,000
in 1951, $27,000 in 1952, $28,000 $1,000,000 sanitary sewage dispos¬
Rockwall, Texas
:
al system bonds. Due $40,000
in 1953, $29,000 in 1954, $30,000
Bonds
Sold—The $24,000 3%
Dec. 1, 1946-1970.
in 1955 and 1956, $31,000 in 1957,
500,000
storm
sewer
bonds. series of 1945, refunding bonds
$32,000 in 1958, $33,000 in 1959,
were purchased recently by
the
Due $20,000 Dec. 1946-1970,
$34,000 in 1960, $35,000 in 1961,
$300,000
airport
bonds.
Due Louis- B. Henry Investments, of
$36,000 in 1962, $37,000 in 1963,
Dallas. Dated Oct. 1, 1945. Issued
$12,000 Dec. 1, 1946-1970.
$38,000 in 1964, $40,000 in 1965,
for the purpose of refunding not
250,000 coliseum and coliseum
$41,000 in 1966, $42,000 in 1967,
annex
improvement v bonds*, less' than a like par amount of
and
$406,000 in 1968.
$200,000
outstanding bonds. Legality ap¬
Due $10,000 Dec 1, 1946-1970.
bonds due April 1, 1968, are call¬
200,000 bituminous street im¬ proved by McCall, Parkhurst &
able at par and accrued interest
provement bonds. Due $20,- Crowe, of Dallas.
upon 30 days' notice in the amount
000 Dec. 1, 1946-1955.
Smithfield Indep. Sch. Dist., Texas
of $50,000 Oct. 1/ 1946 to 1949, in
100,000 civic : center improve¬
Legality Approved—An issue of
inverse
order of serial options,
ment bonds. Due $4,000 Dec.
$20,000 3% series of 1945, school
beginning with the highest num1, 1946-1970.
house
bonds has been approved
bered bond, and on any interest
;
In reporting on the rejection of as to legality by W. P. Dumas, of
payment date thereafter, and if
the bids, the New York Times of
Dallas. Dated Sept. 1, 1945.
less than an entire serial option
Aug.
for
water revenue
awarded to the Chemi¬
group of banks
the National City
&
Patrick,
was
a
Secretary,
has announced
that 3V4%
and 3%% refunding
bonds
now
outstanding in the
amount of $48,000, are called for
Bond
Offering — Sealed
'
Texas
Called—Alma
Bonds
Houston} Texas^y
Bond
EverettWash.
be received until 10 a.m. on Nov.
offered for
cal Bank & Trust Co., as head
City
$125,000 hospital bonds.
:
sues
Mart,
been called
issuance of
has
election
an
ex¬
of
amended. Interest
1925, as
payable M-N:
County Judge,
Geeg,
Wayne
v
16
bonds
;h,,| ••||' yr
Bond Offering—Sealed bids
sale on
Oct.
26—v.
162, p.
1816—were
awarded to The Channer Secur¬
Statutes
Civil
Texas,
Springs), Texas
that
r/,•:
WASHINGTON
construction
Bond Sale—The $115,000
house
by Articles
1118, both inclusive, of
Revised
the
of im¬
stated
bility.
Indep. Sch. Dist., Texas
Winnsboro
provided
as
to
1111
maintenance
and
eration
penses
yHopkins County (P, O. Sulphur
is
stated by J.
.
the election held
Election—It
templated issue of $1,500,000 gen-;
eral improvement bonds will not;
be placed on the market for thenext two months, In all
proba-;
Chicago,
bonds.
f
Bree-*
den, City Auditor, that the con-
gating $975,000 will be submitted
to the voters at an election to be
held on Nov. 13: $500,000 Junior
College, and $475,000
|l l':'
Scheduled—
Preston
by A.
'
Aug, 25.
Bond
stated
26,000 3%% Water and Sewer ities Co., of Chicago, as 3y2s.
Seattle, Wash. System bonds.
Due Nov. 1, Dated Nov. 15, 1945. Denomina¬
Bond
Election
Expected—The
7 •'«
as follows: $8,000 in 1966, and tions$1,000
and $500. I $ These
following bonds amounting to $8,$9,000 in 1967 and 1968.
bonds are due from 1946 to 1975.
000,000 are expected to be voted
Dated
on
or
about Nov.
15,
on
at the general election to be
UNITED STATES
1945.
Denomination $1,000. Said
held next March 12: $3,000,000
bonds are a special obligation of
Federal Public Housings A uthority
public safety building, and $5,the City, payable from and se¬
Local Unit Notes Awarded—Of 000,000 sewer bonds.
cured by an exclusive first lien
the
$30,807,000
temporary loan ^ The sewer bonds are to be is¬
on and pledge of the revenues of
notes offered for sale on Oct. 30,
sued as needed for construction,
the
Water
and Sewer System
a block of $16,104,000 various is¬
work, probably in the amount of
after deduction of reasonable op¬
Level-land), Texas
on
is
that
71,000 3% Water and Sewer Sys> tem
bonds. Due Nov. 1, as
follows:
$6,000 in 1956 and
1957, $7,000 in 1958 to 1962,
"I: and $8,000 in 1963 to 1965.
provement road bonds amounting
to $500,000 will s be submitted to
the voters at the election to be
held on Nov. 17.
These bonds
failed to carry at
It
Ferrill, Acting City Manager,
the following bonds aggre¬
P.
Bond Issuance Not
v
Tyler,■ Texas ^yyyy,)iyy
'i Bond Election—It is
System bonds. Due Nov. 1, as
follows:
$5,000 In 1946 to
1952, and $6,000 in 1953 to
pledge of the net revenues of the
water works system and are pay¬
Dallas.
able solely from such revenues.
H. A. Underwood Co., of Dallas,
As
additional security the City
Smallwood & Co., of Fort Worth,
has executed
a ^Deed
of Trust and Rauscher, Pierce & Co., of
(Mercantile National Bank, Dal¬ Dallas, also participated in the
las* Trustee) constituting a first
purchase of the above bonds.
lien
on .; all
real and personal
Hockley County (P. O.
property of the system and ev¬
Bond Election—An issue
amount¬
to
$53^00 214 % Water and Sewer
provements and personal prop¬
erty. Legality approved by Chap¬
man
& Cutler, of Chicago* and
McCall, Parkhurst & Crowe, of
erything pertaining thereto ac¬
quired and to be acquired. Legal¬
Chapman & Cutler, of
-
thereafter.
Extra coupons,
representing interest in excess of
3% for such period, will be de¬
tached and not delivered with the
bonds, and out of
of such coupons,
.
VIRGINIA
A ir-t
Norfolk, Va.
within the bounds v of the
County.
Legality approved by
\
;VT" :y. A
'.v •
V
Liberty, Texas
to Public—The
/;
...
«
recent election, are
a
erty
$150,000, are offered for
general investment by B. V. Chris¬
tie & Co., of Houston?
ing
3%,
ceeds
;• V I
_
following revenue bonds
April 1, 1950 to $206,000
of April 1, 1968, bear interest at
the rate of 4% to Oct. 1, 1949 and
above
a
Bonds Offered
turing
personal property
works sys¬
tem located within and near the
City and serving the City and its
Inhabitants and the territory ad¬
jacent thereto, and to provide
funds to improve, enlarge and ex¬
tend the system to meet steadily
growing demands for additional
water.
Said bonds are issued in
accordance
with Articles 1 lllll 18, both inclusive, of the Re¬
vised Civil -Statutes
of Texas,
1925, as amended, and constitute
an
■■
call. Principal and in¬
payable at the La Salle Na¬
tional Bank, Chicago. Bonds ma¬
and
real
tion of
;■'. *•
at
payable from unlimited taxes to
be levied on all the taxable prop¬
for the construc¬
sanitary sewer system, j.
ities Corp., also
terest
constituting the water
thorized
Public Util¬
system of the Texas
Said bonds, au¬
Treasurer's office.
properties of the Lower Colorado
River
Authority and the water
such
of
to
the
!;
payment date thereafter, all or a
part of the two consecutive ma¬
turities next succeeding the date
1948, and
v
if less
by lot within a maturity
entire maturity be
than
ing in 1956 to
and
the
State
Housing Authority, Cal., notes,
-v---;;-y".
.55%,
at
WANTED 111
-•'"".V'.'K
v v|
v.I.•
•
'•. £
Partnership in Investment
Banking
111,
The
Financial
Park
N. Y.
Ample
House.
capital available.
■
Box C-
Commercial
&
Chronicle,
25
Place, New York
8,
@FedFRASER