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MONDAY

(.0*

1243

MOV 1 5

S. Pat.

Keg. U.

Volume

Number

158

New York, N. Y.,

4229

General
RAILROAD

PUBLIC UTILITY

-

'Stock,

of

payable

tribution was

and

23

cents

50

15

Nov.

158, p, 452.

Robert

all

announcement:

■

of

the

board,

the

made

recently

This

negotations

said

was

to

Corp.—New Officer and Director-

annual

the

At

the

held

meeting

Charles

and

Oct, 13,

on

H.

Votey

was

place of Forrest O. March, who resigned.
dividend of $50,000 was
declared, payable

A

forthwith.—V.

156,

Hill

R. A.
elected

to

was

elected a
take

1202.

p.

Stock

Montreal

Exchange.

share has been declared

dividend of $5 per

on

Toronto Stock Exchange—Curb Section

-vYv-,-,

■■

shr.

Earnings per coma

$1.52

for

1943

1943

V

50-Cent Distribution—
A

dividend

of

50 cents

the common

share has been declared on

per

stock, payable Dec. 22 to holders of record Nov. 29.
Distributions of
March 31, June 30 and Sept. 30, last, and

25 cents each were made on
on

Months'

April 8, June 30, Sept. 30 and Dec. 22, -1942.—V. 158, p. 855,

/

after

Profit
■

profits
''Earns,

&

deprec.

inc.

Fed.

<fc

,

*

,

$2,384,513

$928,151
$2.14

$1.87-

share™..//-

per

.

$5.51

$5.26

accrual

ot

This

1942.-V.

of

quarter

was

credited

.

158,

there

1942,

overFederal
income
taxes totalling
the profit shown lor the third

estimated

for

reserves

$106,478,20.

V

to

was

Co.—Earnings—
1943

licenses and service charges—1 L_—
earnings (.nel)V

Gross

ti942

469,867
VV 30,215

for

Provision
Provision

Net

contingencies..;.
and foreign income

income

Dividends

on

3,681,603
2,651,034

638,945

750.000
14,910,358

:

10,154,394

$5,048,475

taxes

$3,733,629

preference stock—,—;—...,———"

750,000

485,019

a

sales...,

on

retroactive

$1.73

$1.27

plant, selling and administrative expenses, but
depreciation, amortization and depletion.
tAfter

Note—The

the

in

does not include the

undistributed net income of associated companies

the

audited

(50 V

equity

owned

in

or

the

eral

contracts and

subcontracts

under

statute

To

directors

The
share

the

on

holders

of

eumclative

the

applicable Fed¬

!

Pay Special Dividend
on

Nov.

class 'A

and'.class

record Nov.

B

stocks,

is

of

75

payable

payable in

cents

Dec.

shares

per

2

to

of ,5V.

stock at par $10) in the ratio of one share of
preference stock to each 13 la shares of class A or class B common
stock, with cash to be paid in lieu of all fractional shares of the
preference

preference stock. A similar special distribution was made on Dec. 17,
year, as compared with a special of $1.25 per share in preference

last

stock

on

Dec.

17,

1941.

-

~




of

against

as

1126.,

i

1

dividend

a

7V

20.

A

of

Dividend—
share on
payable Dec.

$3.50

per

stock,

preferred

distribution

similar

each

$1.75

for.

•

the

Nov.

record

be required

to

Co.—Preferred

declared
on

ma

was

dp

March 20 and June 21,

on

'

'

.

1, 1943 amounted to $38.50 per share.—V.

.

158,

'

-

per

"After

com.

all

normal

tax

V.

p.

158.

sh.^_ V

charges,
and

1726.

.

$0.58

$2,740,998
SO.78

$6,075,321
$1.50

$5,404,405

$1.35

adjusted Federal excess profits t.axr
provided
in
the 1942
Revenue Act,—

including

surtax
.

1943—9 Mos—1942

1943—3 Mos.—1942

<'Net earnings$2,174,708

as

...y,V;*'

-

' ;:

;■

Output of electric energy of the electric properties of this company
the week ended Nov. 6, 1943, totaled 75,789,000 kwh., an increase

for

0.10V

of

1942
$9,953,788
7,428,652
$2,525,136
711,533

$2,474,632

755,007

Federal

for

and

$1,719,625

$1,813,603

11,186

36,060

week

r

■

the

over

output

1942.

of

$534,650

$1,755,685

Week End.—

44,767

403,000

-

1,321.000

n,401.000

$430,711

''$413,262
"$1.34

misc,

income

profit

taxes..::.

.

profit

'

per

share

"

tS0.47

y$1.57

"Adjusted, to reflect actual tax requirements at Sfpt. 30, 1942, after
of
renegotiation
settlement:
Amounts actually reported

83,640,000

273.800 shares out¬
standing at Sept. 30, 1943, after deducting 35,043 shares acquired
ancl held in treasury at Sept. 30, 1943.—V. 158, p. 1126.
at

Sept.

30,

>

Oct.

23—..

Oct.

.

,

the

corresponding

•

84,660,000

30—83,483,000

74,553,000

the las>>

for

.

.

1939

1940

54,571,000
55,645,000
54.923,00<i
55,518,000

57,234.000
57,061,000
58,570,000
58,153,000'

68,808,000

75.789,000

'

.

67,999,000

75,731,000

6;..,.

energy

1941

68,982.000
69,304,000

--V.

1.58,

1942.

i Based

on

1821.

p.

Americaii Wiitiiiff Paper Corp.—Earnings—
'; Nct prolit

^rV——-VV ;

providing

$71,002

.

depreciation,

for

f

.

interest

$212,440

$172,651

$9,141

and

Federal

estimated

taxes.

income

provides for estimated total Federal income ant I
profits taxes at the composite rate of 63V for 1943 und 56.8V

Note—This
excess

1943—9 Mos.—1942

1943—3 Mos.—1942

Pgriod End. Sept. 30—

materials

outstanding

lor

of electric

74,301,000
75,084,000

for

shares

kwh.

75,731,200

1942

1943

16____

$1,859,029

3,974

V;
_

of

/vyV

Comparative table of weekly output
five years follows:
-'v-.-'/'V'•' -:.v.V'

45,426

$130,128

V:.;,.:... V

sales,

on

Products

9 Months Ended Sept. 30—

"Consolidated
Net earns,

Earnings

net

1942.

Thomas

report

•

H.

V'V.

.

Blodgctt,

essential

Chairman
the

for

states:

continuing

Increasing scarcities of raw
of your enterprise

operation

together with the stringent allocation of such supplies as are available
of many
commodities, render accurate forecasts of operating results;
and operating schedules impossible.—V. 158, p. 943.

share

.

on aver.

no.

^943
1943

$10,169,595

excess

profit taxes

1942
$7,250,588

3,262,111
$3.50

of shares.

2,848.483
$3.34

deducting depreciation, interest and other charges, but before
provision for income and excess profits taxes.
Note—Provisions for taxes set up for the first 9 months of
56 V higher, for the period.
Reserve for taxes in the first

are

of

1943

totals

$6,907,484

...

:

*

the
of

as

Chairman,

compared

with

announced

Profits

before

that

$4,402,105

in

this year
9 months
the same

sales increased 44#-' hi.
were 40V higher over

taxes

corresponding period and net .earnings after taxes showed. a gain

14.5V,

"Through our production of penicillin, blood plasma,. quinacrine
hydrochloride, the anti-malarial substitute for quinine, and othey.
products, we have been engaged heavily in war work;" Mr.-Brush
states.
"The
1942 business has already been
renegotiated with the
No
adjustment of sales prices or profits was found
The. company made a profit of 2,4V of net sales to the
before tax.
In 1943, although we have already supplied

Government.
necessary,
Government

Mossberg Co., Attleboro, Mass.—Offers to

chase General Mortgage
The
and

;

profits taxes

Apco

-Earnings

Subs.)

(&
•

earnings—.

inc., surtax and

per

Corp.
v..-.',
.

after foreign income and

and Fed;

the first 9 months of 1943.

common

This dividend

12.

9

Nov.

011

'

Earns,

1,522

;

period of 1942.
Alvi'n G. Brush,

—

declared a special dividend

4

$1

$0.42
is believed

or

1126.

p.

Service

Public

Sept.'. 20; .last,

Sept. 30, 1942 were: Profit before taxes $1,814,262; tax reserve $1,186,-.
600; profit after,, taxes $623,262; per share $2.03, based on 308.763

less).

provision has been made for the effect, if any, of renegotiation

Government

holders

liro-ration

1

No

ot

$1.24

14,63 B

American Rolling Mil! Co.—Quarterly Earnings—

"After

above

as

158,

accumulations

of

"After

year,
income

net

tax provisions as reflected

for

adjustments
for

•*iatement

of

$1,699,(

$0.28

Period End. Sept. 30—

$523,464

income

disc,

Net

$3,318,621

of

deduction

deduction

$807,074
283,610

profit

American Home

6After

8,926

$1,817,907

:

415,008

$4,563,456

applicable to common stock—
Earnings per share of common stock———
Net income

before

5.390

$621,876

has been made

Arrearages as at Oct.

1972

Sept. 30. '43

income

Prov,

454,353
19,483

4.329,896
3,298,636
583,616

funded and other debt—..

for Federal

357/366

of

1943
$4,691,412 $13,071,222
3,884,338
10,596,590

'

,

profit

Total

Int.,

$28,920,981 $21,609,605

*

amortisation and depletion.—..—
development expenses.y:J

and process

Interest charges on

22,406

87.285

2,492

profits tax.—V,

to

p,

9 Mos. End. Sept. 30

3 Mos. End.
,

Expenses

Net

Total

807,509

99,020

$441,822

Oct,,

Other

Sept. 30—

Royalties,

Research

165,366

20,250

share ;v

cam.

ptowsioii

directors

Nov.

operating profit—.—
--a $27,894,063 $20,602,277
Dividends, interest and discountsi.vr-;.V—526,836
533,492

Depreciation,

553.807

5,475

—

1943.

an

"Net

Other

575,919

2,707

j)fd, div/.Vequire.;

on

p.

American Cyanamicl

978,05b

185,602

1,827

.

of

income

10

~

-----

Net sales

Gross

9 Months Ended

596,931.

977,387

res..

inc.

American
The

Federal

Banks

Member

-

•

Period--

Cost of Silles

months of

nine

first

the

'

$2,277,038

•"/*6n 432,825 shares outstanding,
Note—During

649,792

53,101

propor¬

net

per

account

American Machine & Metals, Inc.—Earnings—

J
"

$807,503

219,087

140,811

.subsidiaries,:

net

excess

1943—9 Mos.—1942

,

excess

tax

208,791

■

American Water Works & Electric Co., Inc.—Output—

1943—3 Mos.—1942

Period End. Sept. 30—

of

after

.

American Chicle Co.—Earnings—

.

128,30V

invests:.

interests'

tion

1975
-____^__19S3

System—

Period

141,796

forgn.

coining,

eonsol.

1982

Reserve

569,873

39,855

inc.

W

ot

Min.

——1983
Transactions N. Y. Stock Exchange
—.1955
Transactions N. Y. Curb Exchange——
1955
Stock and Bond Averages—
1955
Capital Flotations for October and Ten
Federal

136,632

46,078

.

1"

lor

Sales—1983

Statement of

Statement of

Condition

,

114,540

197,548

&

Prov.

„1971

Banks

Reserve

1,169,790

$4,778,760
428,204

costs

tax V

Write-down

Clearings-——

Condition

Combined

billings and net income for- the third quarter of 1943
include non-recurring amounts
arising from adjustments of certain
government' contracts that arc applicable to the first six months of
.Note—The

1,727,645
$5,441,871.

——.——-1971

Foreign Exchange Rates——

and

$1,059,983

369,633

etc.

Depletion

Redemption Calls & Sinking Fund Notices.1978
Dividends Declared and Payable.—
.1978

of $11,725,000 for Federal income and excess profits
$6,700,000 in 1942.
fAfter provision of $23,120,000
Federal and excess profits taxes in 1943 and $17,804,000 in 1942.
in

.

State and City Bond Offerings and

'After provision

,

taxes

1943-9 Mos.—1.942
S3,714.226
S3.608.97B

$1,429,615

Depreciation

General Corporation and Investment News.1933

Course of Bank

Owned)

More

or

$1,275,181

than

U.S.

for

Xolft—-No

The

80V

310,818

.—

income

Earns:.,

Co.—Earnings—

Companies

$962,363

employees'
plan

operating
Prov.

_l___1969

—

Miscellaneous Features

i

•

C':.4*2,697.94?

income

Net

s'v-v'■

■

.

sub¬

& taxes incl. in

taxes

Total

1943—9 Mos,—1942
$
>S ;
55,732,642 206,498.730 143,923,003
"1,017,163
16,186,133
73,104,649
$0.57
$3.48
: $1.75

100.335,777

Hillings

Exchange

Over-the-Counter Markets

1943-3 Mos.—1942

Period Ended Sept. 30—

Stock

below.

gen. exp.,

other

Taxes,,

1969

Toronto

the capital stock,

payable Dec. 1 to holders of record Nov. 20.
This compares with $3
per share paid on April 30, last, $3 per share on Dec. 23,
1941, and
$5 per share on Nov. 10, 1941.
No disbursements were made during
194'?.— V. 157, p. 1417.

Allis Chalmers Manufacturing:

been

a

Ltd.—Earnings—

(net).'—

under

annuity

_1969

—

Dividend—

Alaska Packers Association—To Pay $5
A

to show

the .acquisition of The GiUilfthd Labora¬

1943—3 Mos.—-1942

income

Admin. &

Pay.

—1968
1968

Montreal Curb Exchange
'

Co.,

Subsidiary

items

income

Total

Exchange——1967

Stock

bef.

Other

Pittsburgh Stock Exchange——__
St. Louis Stock Exchange.—__j——1968

'/i

'

»

Prof.

—,_1966
1967

_

Philadelphia Stock Exchange—

stockholders

the

have

materials we

items.

_—1966

1967
Los Angeles Stock Exchange———1968

director to

a

many

011

•

Pa., improves our position in the production of
antitoxins.
Likewise, the acquisition of Belle

and

Period End. Sept. 30—

Detroit Stock Exchange

Pays Dividend—
Vice-President

Marietta,

serums

obtaining

of

replacements sufficient

sales

consumer

the. past 3 months

(Including

—1966

———

Exchange

Chicago Stock Exchange
Cincinnati Stock Exchange—
Cleveland

Aeolian American

Exchange

Stock

Stock

Boston

The
1029.

interest and is operating the fields.
be approximately $9,000,000.v."158, p.

three-quarters

consideration

in

250 V'

or

resulting profit;

the

Just: year,

■

difficulties

the

growth

than in all of 1942,

months

'

make substitutions and

to

1945

Curb Exchange.—-i—u___1961

Baltimore

purchase of the

other

the

of

spite

9

Government
•

American Metal

■

one-quarter interest of the Adams Oil & Gas
in three fields in Chambers County, Tex.
The Sun Oil Co. controls

Co.

the

to

Creamery & Cheese Co. at. Belle Center, Ohio, and the O. M. S
Corp., guarantees a continuing supply of milk sugar for our companion
producing infant foods and milk allergy products."---V. 158. p. 1237.

Stock Exchange—

York

New

New York

56,708 shares of .the common stock of that company."
Pan
American
Production Co. recently concluded

sold

be low.

to

Center

Page

remaining assets of this company, with the exception of cash and
other current items, have been sold to the Standard Ol Co. of Ohio

the

Cop)/

a

Stock and Bond Quotations

.:V

The

"In

biologic

Issue

by them at a stockholders' meetng to be held in November,

all

for

volume

tories,. Inc.,

"Subject to "approval by stockholders and necessary corporate action
to be taken

the

continues

"During

following

VV/VV'

the Government 150V more in
of

stantial

\

Chairman

60 Cents

MISCELLANEOUS

-

able

OilA& Gas Co.—To Vote on Sale—

Hixon,

■

for

class B common

class A and

the

on

In
Adams

of 15 cents

stocks and the usualpreference stock,
payable Jan. 3 to holders of record Dec. 11.—V. 153, p. 855.
share

1942 were as follows:

Payments during

^nd May 15, 50 cents
each.—:V,

of record Oct. 30.
A similar dis¬
last, as against 25 cents each. on Feb.

14,

INSURANCE

-

Feb 14
each; and Aug. 15, Nov. 14-and Dec.15, 25 cents:

1943.

May 25,

Aug-.

INDUSTRIAL

-

quarterly dividend of 12V2 cents per share on the 5V

holders

to

made on

share has been declared on the common

per

Price

Monday, November 15, 1943

directors also declared the regular quarterly dividend

The
per

dividend

•

Corporation arid Investment Mews

Acme Wire Co.—50-Cent Distribution—
A

Off!co

at

bonds due 1956 to

prices

not to
interest.

will up to
of general
exhaust $60,000,
value of the bonds, without;

120 Broadway, New York, N. Y.,
1943, receive bids for the sale to it

Empire Trust Co.,

including Nov. 30,

mortgage

Pur¬

Bonds—

exceed 80V

an

amount sufficient to

of the par

the company.
fund be exhausted, any additional general
mortgage bonds received by the bank may, at the option of the com¬
pany, either be purchased at the same price or returned to the holdei's.
All bonds purchased will be cancelled.
The company in a letter to the general mortgage bondholders on
Nov. 1 stated in part as follows:
,
"The
current
year's.' sales and earnings again show substantial
improvement over the preceding year.
Furthermore, the financial
condition of the company at present is such that the directors believe
accrued

Should

the

This offer may be extended by

purchase

.

the

time

has

come

to

effect

a

further' reduction

in

outstanding:

indebtedness.

part of 1942 and the early part of 1943 tho
outstanding' $53,000 of
secured notes were retired.
The present
funded indebtedness of the company consists of S5,000 of first mort¬
gage bonds and $130,000 of general mortgage bonds.
"The
directors
deem
it, wise for the present to keep
alive th»t
"During

the

latter

1934

THE COMMERCIAL

indenture

consequently
mature
the

which

under

these

"These

interest

business.

they

market

between

50

bonds,

1 and the second

and

portion

a

the

for

all

no

that

it

be

would

The
mon

'

declared

26

Oct.

on

10

of

30

cents

is

announced that arrangements are being made to exchange
capital stock for outstanding voting trust certificates in. the
The voting trust agreement recently became subject
to
termination upon the payment of the secured notes
during the latter
part of 1942 and the early part of 1943.—V. 145, p. 4108.

V.

—

158, p.

The
week
&

ended

Electric

of

Nov.

Associated

5,

Group

10,608,314

1943,

of

•

■

for

units

Associated

Telephone

Telegraph

&

.0 ©

9 Mos. Ended
Int.

& divs.

Other

Sept. 30—

received

Total

subs.

1942

$760,306

___

$763,956

Net

Ainortiz.

of

debt

Balance

disc.

&

Balance

and

cash

receivable,

in

$518;

pref.

$1,368,466;

$692,471

banks,

total,

Sept.

(no

$35,619

capital
surplus,
$1,544,110;
$24,462,928.—V. 158, p. 765.
', •

participating—no par value),
$1,038,308; 25-year 5V2% deben¬

earned

surplus,

Southern

Refining

9 Mos. End.

Co.

Corp,

Net

121;

Sept. 30—

the

continue

income.:.

oper.

Record

Earnings
"For

is

domestic
than

railroad

N.

are:

the

for

systems,

before

ever

the

on

tank

already

under

other

production

Baldwin

of

the

way,

A

1787.

1942

This

it

1941

will

not

*

Taxes

Res.

for

taxes

Insur.

possible

&

&

Intang.

misc.

devel.

Depl.,

111.899,627

85.144,742

4,616,105

8,645,321

5,220.365

250,000

239,900

269,283

1943—3

and

be

amort.

2,180,990

Oil

of

the

2,313,635

2,301,152

Depre.,

retire.

&

2,166,510

1,557,365

1,734,930

1943—10 Mos,—1942
$

10,728,026

13,138,704

99,998,388 100,675,045

for

Bids

a

1943

1942

*$303,374

1941

t$352.261

determined

the

on

undeterminable

233

basis

of

for

taxes

taxes

and

and

oilier

$300,000

$723,973

the

1942

$5,358

the
$3

Broad

for

the

reserve

of

post-war

158, p.

1438.

Callaway, trustee

Street, Savannah, Ga—V,

directors

prior

gun-

158,

'

1822,

p.

June

21,

each

Nov.

on

declared

dividend

a

of

$3.50

10

to

holders

these

on

1943.

158,

of

issues

Sept.

$1.75

Nov.

20,

20.

last,

each

Similar

while

the

on

March

and

arrears

both

on

classes

of

prior

lien

20
of

and

$1.50

preferred

1031.

p.

on

distributions

on

stock

$7

made.

were

in

record

on

of

payments

are

share

per

stock, $7 dividend series, and a dividend
of
prior lien preferred stock, $6 dividend
series, both

tne

the $6 stock

on

9

preferred

on

Dec.

made

were

forg¬

lien

Century

t$195,526

Ribbon Mills,

481.

9 Mos. End. Sept. 30—
Net
•

1942

•

profit

and

$5,302,183

$4,166,911

Inc.—Earnings—

after

Federal

1943

taxes___

$1.20

costs

off:

surplus

fEarn, per shr.
"Loss

during

$107,071

$79,124

24,796

26,108

26,765

$101,545

$82,275

$53,016

"$49^262

$1,01

1

on

.

$0.82

$0.53

Nil

com.

deficit.

or

1940

.

22,267

$0.88

written

'*

1941

$123,812

Preferred dividends

$1,952,960

Inc.I

1942

deprec.

2,213,950

outstanding stock
lease

as

additional $300 000

an

for the purchase of
$1,301,400 notes and the condi¬
lease contracts
securing them. Bids will be received
ip to
17, 1943, at the office of M. P.

or

per share

payable

1342.

$407,434

158, p.

taxes__

for

law

contingencies,

Noon, Nov.

West

The

the

2,627,536

and

for

reserve

tax

Central & South West Utilities
Co.—-Dividends—

says.

1943

reserves

$321,067

invited

are

o'clock

of

by

1940

"$545,625

1943—9 Mos.—1942

Sept. 30—

to

746*291

9

George H. Stillman .have been elected
Vice

Sept. 30—

provision

tional sale

Co.—Earnings— '

share bn

90 928 754

11,810,720

Central of Georgia Ry.—Bids for
Purchase of Notes-

the

job

affected

$2,674,648

stock,

10

SI,

par

each

cents

Nov.

13

cents

payable

30,

1942.—V.

158,

3

provision

tOn

"$22,497

100,000 shares outstanding.

Condensed Consolidated Balance

for

Federal

cents

has
1,

March

on

been

last,

20

June

2,

18

each

cents

Yohalem

Yohalem

of

has

for

been

the

elected

28.

$100),

Sept.

five

years

158,

p.

has

member

a

E.

of

1,736,839

'

legal

158,

$614,503;

U.

S

receivable—factoring

accounts

receivable,

Government

departments—-

$2,090,781;

cash

payable—banks,

for

reserve

$700,000;

contingencies,

common

$25,000;

stock

(100.000

accounts

payable,
preferred stock

7%

shs.

no

SI

-

(par

$2,000,000;

par),

1943

$843

-

directors

have declared an extra dividend
of 25 cents
per share
quarterly dividend of 50 cents per share on the
common

the usual

stock, par $25, both payable Dec. 17 to holders of record
Dec. 7.
Regu¬
lar quarterly distributions of 50 cents
each were made on this issue on
April 1, July 1 and Oct. 1, last. No extra was
paid during 1942.—V 158 '

1943—10 Mos.—1942

$3,855,706 $34,469,059

surrender

insurance, $66,167; inventories, $1,114,267; fixed assets
for
depreciation), $1,338,539; deferred assets, $56,374;

$419,600;

The

and

1943—Month—1942

$4,977,546

V,

-

other

Sheet, at Sept, 30, llMtf

hand,

on

notes

Chapman Valve Mfg. Co.—To Pay Extra Dividend—

Mount.

the

1727.

Stores, Inc.—October Sales Up 29.1%—

Period End. Oct. 31—
Sales

and

capital surplus, less operative deficit of
$111,496, Sept. 30
822; total, $5.358,730.—V. 158, p. 885.

succeeding J.

been

$2,200;

Liabilities—Notes

370,309;

July

banks

$75,900;

total, $5,358,730.

on

Secretary—

Secretary,

past

company.—V.

the

life

reserve

Distribu¬

1239.

p.

of

(less

the

on

Nov.

1943.
1,

in

cost),

manufacturers,

record

1,

(at

value

declared

of

March

on

Assets—Cash
bonds

holders

to

Sept.

on

made

were

share

per

Dec.

Best Foods, Inc.—New

Bond

&

1,431,200

"

88.187,668

1728.

taxes

stock.—V.

Mos.—1942

fLoss.—V.

with 10 cents paid
and July 29, 1943, and 10

S.

Mr.

379.886

abandonments

$35,346,265

947.

p.

,

1527.

p.

'

amortization

operating

9,093,626

6,683,729

of

income

Income

Net

bef.

applic,

Uivs.

on

Bal.

sales

9,164,653
1.608

444.000

444,000

444,000

1,077,220

8,719,045

6,116,334

com.

of

4,948.062

stock
income

vLoss,—V.

Prov.

(inch

tax__'_

20,094,340
$4,624,586
42,861

124,343

$4,296,542

$5,045,139
"3.733,923

$4,667,447

$1,727,079

*3,057,000

_

-

"3.341,350

"599,818

200,000

City of New York has been appointed
par $100, and registrar of the

has purchased
Texas

158,

$1,111,216

$1,326,097

on

the

Nov.

The

Milk

the Tyler

Products

Milk

Co.

257,239

257,239

head¬

5

declared

payable Jan.

and

1

this

on

April

on

1,

dividend

a

573,324

630,512

Jan.

on

1.

Oct.

1

cents

record

2,

Dec.

April

and

Dec.

14.

1,
10,

A

July

1

1942.—

have

declared

common

10.

A

stock,

50%

initial

cash

$2.50,

an

par

stock

payable

dividend

dividend

was

of

Nov.

paid

35

on

15
to

Aug.

cents

per
of

last.-

21,

ended

compared

p.

$438,346

30,

1,475,890

compared

pounds
with

of

mail

685,642

totaled

passengers

with

33,589

in

48,562

the

same

in

during

mail

the

the

pounds

period

profits1 takes
of

takes-;

Unci.

t$2,771,000
The

$277,000.

1943

Balance

Sheet,

$2,211,167 restricted

$7,369,079;

U.

S.

securities.

$.949,882

reserve

of

Government

$316,300;

for

costs

in

1943

figure is

'(Includes

$3,170,700

giving'

Sept.
to

.'50,

use

tax

three,

in

the

on

U.

fees

and
on

contracts),

last

payable

lincl,

$756,626

accrued

to

(inch

receivable

Interest

and

and

other

"Sept. 27, '42
$7,223,403

8,074,825

7,044,598
$178,805

68.232

72,932

tProv.

unsecured

for

est.

income.

&

retirement

serial

$251,737

36,082

33,407

debt

4,971

of

4,564

notes..

1,032

and

753

State

711

79,913

income taxes__„.

33,834

$110,545
"Consolidated

with

United

States

Stores

taxes payable.

cost-plus-,

Initial Common Div
.

The

,$hare

directors
on

the

on

This

of

this

$959,000

The

had

Telephone Co.

(Bait.)—Gain

net

a

60,000

Nov.

10

shares

common
stock
(no par) was made
investment banking underwriting group
Kebbon, McCormick & Co., Chicago, and

by

headed

an

by

Co., St. Louis, and including Hornblower

Weeks, Courts & Co., The Milwaukee Co., Equitable
Securities Corp. and Reynolds & Co.
The offering price
$12.50

was

Company
mon

stock,

to

evidenced

equipment

payment
due

share.

per

intends

apply the net proceeds from this sale of com¬
by voting trust certificates, to the purchase of

to

be

reduction

or

July 31,

1945;

used
of

on

for

and

present

present

and

bank

working

proposed

loans

new

air

an

whose

carrier

Corp.

tNo

Nov.

common

3

or

other

proper

stock,

payable

initial

Dec.

dividend
10

to

excess

of 25

holders

is

mail

passengers,

in

and

Memphis,

Tenn.,

between

express

New

Orleans, via St. Louis, Memphis and Jackson, Miss.;
Memphis and Houston via Little Rock and Shreveport.
are

on

23

proposed

hearings have been

extensions

file
of

with

the

held

the

Civil

company's

on

of

any

Aeronautics

present

1943,

amounted

June

to

$260,580,

for

and

30,

tively.

1943, and Dec. 31, 1942,
For the year ended June 30,

Chicago
and

Board

system,

been
been

added

to

net

the

earnings

sal'e

for

ol

as

yet,

two

six

month

June 30,

periods

ended.

$99,826 and $160,754, respec¬
1942, the company earned $128,959.
two airplanes to the U. S.
Govern¬

does

reflect

covering

but

were

aggregating $69,066, being carried on
subject to later disposition.
Had this

not

as

and

between

its

which

credit

cor¬

operates

applications,
Net earnings of the
company for the 12 month-period ended

this

approximately $174,500.—V. 158,

profits

year
p.

the

books

item,

the

1528,

net

less

as

a

taxes

income

deferred

thereon,

would

have

1344.

Chrysler Corp.,
Detroit, Mich.—$250,000,000 Credit
Arranged—The directors on Nov. 5 approved an
ment

an

office

$174,250

—

declared

principal

of

routes;

aggregating $225,000

capital

ment,

loan_____

fixtures

Fed.

Ry.

18.

nearest

Potomac

no

$228,326
_

premium-funded

disposal of

Sandy

Oct.

amount

the

the

—U.




the

reported.

Big

on

2,714

additional

$160,094

and expense-secured

Interest 6%
Los-,

$1,406,568

relating to cost-plus-fixed-fee contracts), $1,976,968;
contract advances
S.
Government, $3,075,000; Federal income and
excess
profits
taxes accrued, $5,456,657; dividend
accrued on preferred
stock, $57,164;

C.

company

Company,

expenses___...._.

operating profit—
for depreciation.

Interest

cost-plus-fixed-fee

relating

liabilities

September

its

the

Chicago & Southern Air Lines, Inc.—Stock Offered—
Public offering of a new issue of
voting trust certificates

—

profit

Provision

other

$191,369,

$2,130,274;

is

Applications

Government

notes,

in
was

in

Telephone Stations—

158,

year,—V.

Oct. 2, '43

sales, selling, etc.,

Gross

Net

S.

O.'s

Early

of

more

disclosed

was

reduction

gain of 965 stations in October,
compared
in October, 1942, and 3,280 in
October, 1941.
first 10 months of the year the
company had a net gain
of
16,442 stations compared with 27,340 in 1942 and
29.348 in
the
like period of 1941.—V. 158,
p. 1528.

in

credit

$4,263,141; unbilled costs on costplus-fixed-fee
contracts,
$2,168,111;
inventories,
$5,348,088;
invest¬
ments, $1,637,610;
property, plant and equipment
(less reserves for
depreciation and amortization of $11,803,407),
$8,440,833; good-will,
patents, etc, $4,052,682; deferred charges, $100,478;
total, $38,621,322.
Liabilities—Accounts

of

Discounts, commissions

$4,925,000;

bonds

this

months

$8,234,919
Cost

1913

notes.

1944

the

porate purposes.

depreciation.

accounts

and

and

after

outstanding.
Big Sandy

Chesapeake &
in

and

(P. II.) Butler Co.—Earnings

$3.48

stock

three

1527.

$306,956

$4.24

of

&

9 Months Ended—

$3.35

refund

of

Revenue

bonds

$1,800,000

and

I. M. Simon &

carried

Sept.

of $854,000

company

4%

than

more

issue
matures
June
1,
maturity. The amount of the issue
outstanding, following the latest acquisition, is
$1,727,000. ("Journal of
Commerce" of New York).—V. 158,
p. 1822.

for

holders

by this

mortgage

to

the

with

share

per

period last year, according to C. G. Adams,
Secretary-Treasurer.
Express poundage rose to 429,524 in the three months'
period ended
Sept. 30, 1943, compared with 211,899 pounds In the third
quarter of

563,066

$280,653

of

For

40

holders of

to

issue

July

of

257,239

577,260

issue

Products

with

1343.

p.

Corp.—To Pay 40-Cent Dividend—

disbursed

corporation

months

$1,127,261

257.239

first

1944,

p., 1822.

the

Co.

brings

•

1631.

p.

1942.

com.iyn;.b;.$3.54

excess

less

transfer

Revenues Up—

$1,602,736

$330,041

capital

billings

and

stock,

1943,

directors

share

12,695,149

45,018

.

on

Government

fixed-fee

158,

The

1940

$5,000,121

$1,164,542

Assets—Cash

contracts),

Acquisition

appointed

stock,

158,

reported,

Nov.

on

was

1,

year,

shr.

war

contracts)

1941

21.912,489

been

Braniff Airways, Inc.—Initial Cash
Dividend—

43.069

Consolidated

S.

amount

Oct.

$4,253,473

—

and

common

like
and

75,000

______

dividends

"Includes

the

$2.30

$676,200;

V.

1942

25,065,364

exps._

dividends

per

post

1942,

preferred

Marshall, Texas.—V.

directors

record

income

Surplus

1942)

$3.27

$3,108,800;

Subs.)—Earnings—
1943

contmg.

Preferred

Earns,

The

1726.

p

$5.

par

Agent—

has

same

income

Common

$0.40

1943,

stock,

York

The

de¬

profit1_;

income

for

Net

158,

(&

Sept. 30—

income

Gross

tax

New

Co.—Acquires Two Milk Concerns—

at

quarters

•;—$29,318,837 $26,912,610 $24,718,926 $14,297,885

&-other

Federal

6,561,753

on

$1.86

Federal

of

$5.—V.

Borg-Warner

stk.

operating

Other

Borden

the

The company, it is
Co.
of
Tyler, Texas,

1,359
444,000

•JCost of goods sold,

livery

of
par

623,464

718

share

9 Mos. End.

agent
stock,

7,185,217

614,263

1,521,938

$4,511,800.

Net

9,778,916

693,799

1,114

Atlas Powder Co.
Net

2,215,737

5.393.176

per

"■'Including
1941,

6,079,994

period

Co.

common

common

501,488

int.

appl. to

common

685,290

stock..:.....:

pfd.

Earned

556,510

686.818

min.

to

the

transfer

int. chgs.

for

for

Trust

The Chase National Bank of the

misc.

charges

income

Guaranty

agent

2,534,603
569,113

Interest

The

fix.

net.)

Inc.

Chesapeake & Ohio Ry.—Purchases Bonds—

7,819,433

1875,376

..

Non-oper.

U.

7,356,160

5,510,881

income

conversion

assets

to

6,882,490

Booth Fisheries Corp.—Transfer

Net
In vol.

i

6,877,481

a

cornoration's

$

provision for all taxes which includes
profits taxes under the Act of 1941.

tAftr

S.

1,500,000

482,364

the

1,499,289

__

tAfter

Corp.-pEarnings—

the opinion of the
executives, no
profits tax is required.—V, 158, p. 1822.

of

staff

res

profit

Dividends

compares

A.

,

add.

eostS____

lease

101,084,627

1.500.000

of

disburse¬

11.800,442
1,338,262

9.228,737

sales..

p.

-Balance

per

(The)

77,078,365

contingencies

158,

excess

by Charles E. Brinley-.
its subsidiaries will con¬

.

1940

124,438,140

exp.

directors

future

"After

stated

was

$130,404

additions

and

15

7,376,078

Cost:;, oper. & gen.

Net

on

U.

company and
locomotives and engines,

year-end dividend of

tions

126,883,746 116,045,214

1943—Month—1942

—

3 Mos. End.

D.

represent
books

announcement

products

locomotive schedule,
of the Board,
The

entirely,

Note-—In
excess

(& Subs.)—Earnings—
1943

the

initiation'of

the
all

Carpenter Steel Co.—Earnings—
the

of

associated

Business

order

on

profit

total,

149,797,134

__

stock,

represent

electric

President

as

•

Victor R. Schachtcl and
Presidents.—V. 155, p. 87.

$15,000,000

making of

'

Gross

B
on

both

(II. M.) Byllesby & Co.—New
Vice-President—

same

Corp.

approximately
to

Works

depreciation, taxes, etc.

common

p.

series,

period.

Sought—

below.—V.

-V.

Baldwin, besides building locomotives, was a
However, the 1944 locomotive program will

of

out

__

May 31

Atlantic

the

Beau Brummel Ties, Inc.—15-Cent Dividend—

Atlanta Northern Ity. Co.—Control
&

$1,163,407;

per

series

share

Chicago—October Sales Off-

sales

Retail, sales !

12

tanks.

"Deductions

A. due May 1, 1955, $11,156,000; due to
subsidiary com¬
$7,710; accounts payable, $6,582; accrued taxes, $12,963; ac¬
crued interest, $255,658; deferred credit,
$47,444; reserve for erhployees'
benefit fund, $56,100; surplus reserved for
general contingencies, $225,-

000;

to

Operating profit after interest and Fed.

series

Commonwealth

up

9 Months Ended

pan,

cents

per

initial

common

i

Atlas

of

this

for

1943,

Army

company

.

panies,

See

of

most

Barnsdall

at $4 and

t$l

the

on

does'not

(Including Century Factors,

subsidiary companies,
deposits, $82,500; accounts

pfd. stock
(par $1001,
$2,928,500;
$6
$3,669,029; $4 pref. cumul. stock (no pari,

(cumul.

31 >/4

stock

cents

policy on that class of stock as
contingent upon the future trend
158, p. 946.

be

unamortized

1st

par),

President

post since 1937.
Others
their positions in the company

business

Period End. Sept. 30—

from

special

of

dividend

Period End. Oct. 3i—•

time.

one

of

the

"After

$1;

1127.

E.

Barber Asphalt
;

etc.

of

31'A

preferred stock,
record
Dec., 20.

disbursement

Butler Brothers,

Wholesale

with

and

name

Odium,

158, p.

1943—Company Only
due

158, p.

building diesel
ship propellers,
mounts, hydraulic presses ana turbines, testing
equipment, steel
ing.? and castings, and numerous other products—V.

47,461

$166,671

$128,864

patent rights,

$733,348;

stock

common

30,

$699,575;

$24,462,928.

cumul.

stock

47,110

agreed

held

constructed

at

Chairman

2

46,016

-

$22,606,808;

has

has

locomotive

stepped

482,121

'

.

2)

preferred

of

adjustment of Inventories and other
contingencies.—V.

reconverting

$565,203

478,690

same

B.

amounting to
production devoted

Locomotive

"Profit

Sheet,

$983,650; class A stock

tures,

$642,817
711

exps.____.

expense,

Liabilities—7%
cumul.

116,348

467,227

.

Assets—Investments,
$340,179;

take

$681,552

....

surplus

discount

L.

be

greater

43,989

J.
....

Jr.,
He

tinue

%

....

interest

interest

(No.

4)

and

10

10, June

1944, together with locomo¬

to

During

113,873

(No.

presently interpreted and after the
setting up of

producer

$806,344

March

steels.

Production
taxes-

the

Floyd

sales

Colvin, Jr., and

and

company

$637,563

$761,375
118,558

_

and

expenses

earnings

General

H.

under

said

has

corporation announces that locomotives
Army and the Lend-Lease Administration in

lt'' '. ~:l

42.388

dividend

non-convertible

dividend

Combined

continue

Colvin,

Baldwin

•1941

■

June

10,

10, $1.25.—V.

The

.

1,069

income

Debenture

debt

1943

from

income

Operating

■'

■

March

follows;

Books—

a

Earnings

1

on

as

were

1726.

tives

Company Only—

the

"such

will

reserve

'

-

made

were

Creighton, Vice-PresidentsP. T. Wharton, Secretary;
Iialdeman
Finnie, Treasurer; John
P.
Thomas,
Comptroller;
Lorin
Ferrall,
Metalurgist; and John H. Abbott, Sales Manager.—V. 158,

increase

an

alloy

H.

Devlin

Gas

is

127,376,484

that

earnings,"—V.

28.

its entire

W.

the

This

of

with

company.

p.

Associated

the

ikwh.),

production

report

-

Oct.

will

with

Output—

Corp.

output

units

above

'

1821.

p.

Electric

&

electric

net

8.3%

or

158,

Gas

137.984,798

was

units

ago.—V.

year

of

per share on the com¬
holders of record Nov. 30.

to

10

of Detroit, Mich., has been purchased
by
subsidiary of Atlas Corp., according to an an¬

a

company

year

7 W.

1726.

trustees

payable Dec.

cents .each

75

on

steel

1943—39 Wk.—1942

Associated Gas & Electric Co.—Weekly

holders

announcing

ments

$1

quarterly

cumulative

quarterly payment

15, 1943

,

In

of

regular

5%

.^.'.cumulative convertible
Jan. 3 to

regular
dividend

a

a

the

usual

payable

State

Payments during 1942

Company,

steel

per

$22,541,151 $19,932,123' $62,365,702 $53,051,501

cos._

of

Operations

furnace

store

value,

par

operating organization,
The

Associated Dry Goods Corp.—Sales Continue Higher—
1943—13 Wk?—1942

earned

company was acquired from W. Hv Colvin; Si\, and associates
of Detroit.
The sale occurred as *a result of Mr. Colvin's desire to
retire from active business, the announcement said.

future.

Period End. Oct. 30—

the

and

on

the

and

The

shares of

Sales by sub.

$1,037,710;

1,

share

Corp.—Subsidiary Buys Steel Concern—

nouncement

share on the capital stock represented by voting trust certificates,
payable Nov. 15 to holders of record Nov. 8.
It

total,

surplus,

Monday, November

Dec.

reserves

Rotary Electric Steel Co.

per

near

paid-up
$38,621,322.

Sept. 10, 75 cents each; and Dec.

Atlas
American

dividend

no

10, last.

and

'

initial

an

stock,

Sept.

j,

directors

The

and

directors have declared

Distributions

both

Initial Distribution of 30 Cents to Be Made to Stock¬
holders—

credits, $128,375;

..

the company were to offer
outstanding issue at prices up to but

exceeding 80 flat."

deferred

To Pay $11 Dividend—

Taking
fair

$1,052,400;

capital

$6,094,413;

surplus,

fluctuated

activity.

1950,

$8,797,875;

par),

1943.

affecting the value of these securities,
conclusion

the

of

little

1,

have

to

appears

with

Sept.

on

payable due

for insurance and pensions, $990,625; reserve for
contingencies, inch
renegotiation of war contracts, $964,161; 5% cumul. convertible pre¬
ferred stock ($100 par), $6,859,700; common stock
(263,936.25 shares,

after

bondholders if

the

to

bonds

months,

recent
factors

reached

have

company

purchase

to

not

in

60

these

of

the various

directors
the

value

and

account

the

However,

notes

and

payments depending entirely upon the- current earnings of the
No interest was paid prior to the current year,
the first

"The

to

disturbed.

be

not

ul

issued,

were

appropriated the sum of $60,000
of general mortgage bonds.
non-cumulative as to interest, with

payment being made on March

into

bonds

mortgage

have

cancellation

income

are

first

securities

consideration,

purchase and

the

& FINANCIAL CHRONICLE

cents
of

with

Hanover

the

Bank

per

record

agents,

for

a

agree¬

National

&

Trust

revolving

Bank

of

Detroit

Co.

of

New

V.

T.

Credit,

York,

and
as

Central
clearing

available

until

THE COMMERCIAL & FINANCIAL CHRONICLE

Volume

158

March 2,

1947, in the amount of $250,000,000, to be ar¬

Number 4229

ranged between the Chrysler Corp. and its banking con¬
nections throughout the country.
.
\
To Pay 75-Cent Common Dividend—The directors on
Nov. 5 also declared a dividend of 75 cents per share on

had

disposed

Northern

Atlanta

Ry.

of all of its other operating sub¬
conducts a small interurban rail¬

Co.

Continental Can Co., Inc.—Earnings—•
(Including wholly owned subsidiaries)

between Atlanta and Marietta, Ga.

way

,

the

Transportation

1943,

sidiaries.

1935

Weekly Output—

12 Mos. End.

'

Profit

weekly kilowatt hour output of electric energy of subsidiaries
this corporation adjusted
to show general business conditions of

The
of

before

taxes

Deprec.

&

served for the week ended Nov. 4, 1943, amounted to 244,compared with 221,711,108 for the corresponding week in
1942, an increase of 23,107,830 or 10.42%;
The weekly kilowatt hour output of electric energy of subsidiaries
of
this corporation adjusted to show general business conditions of

June

territory served,

Earnings

182,593

—V.

$5,

par

payable

each; and Sept. 14 and
each.—V. 158, p. 766:
13,

$1

Cincinnati Gas &

•-

The

company

of

N. Y.—V.

York,

1942,

at.

158,

the

for the week ended Oct. 28. 1943, amounted to 250,compared with 220,422,422 for the corresponding week in

as

9 Months

Ended,Sept. 30—

from

operations
£

Depreciation

Cleveland,

Cincinnati,

Chicago

Louis

St.

&

Ry.—

N. Y.,

Bank

Trust Co..

&

will until 12 o'clock Noon

1EWT1

bids for the sale to it of St. Louis Division

bonds dated Nov.
lit

1,

1890 to,

trustee,

Nov.

on

prices not to exceed 105 and

int.—V.

158.

Earn,

share

p.

of

9 Mos. End.
Net

Sept. 30—

Jan.

$16,635,474

945,352

$l,182~7l6

$2.59

$3.40

share

per

♦After

all

charges,

including

rehabilitation

post-war

$3.70

;

and

Federal

taxes,

158,

for

reserve

Connecticut
Period End!

Coca-Cola Co.—Year-End Dividend of $1—
The

directors have

and

declared

the

no

year-end

a

dividend of

$1

per

(Excluding Canadian subsidiary)

+$753,636

U
_
dividends

Earn, per com.

$282,397

99,375

99,375

paid

280,531

1.352,390

845,714

$255,427

$257,864

$1,151,121

$812,570

105,257

105,887

419,340

421.004

& maint.

Net oper.

revenue.

income,

Gross

net.__.._

share...

income

$360,685

deductions-

Income

for

Nil

$1.16

.

Net

and

State

income

of

taxes

of $258,710 and

$363,752
-

72,561

$1,233,574

$1,570,462
296.790

77,331

312,710

500.000

contingencies..

„

,

.

income

(£540,000

totaled

aggregated

surplus

Balance

$286,420

$773,671

$920,864

93,634

89,809

367,538

Colonial Beacon Oil Co.—New Official—
Skehan

has been

elected

a

Vice-President

this

and director of

restated for

$196,612

comparative

$568,278

$486,134

purposes.—-V.

158,

668.

p.

Consolidated Edison Co. of New York, Inc.—Output—
company

Nov.

on

ielectricity

tricity

that

announced

10

generated

System

for

purchased)

and

of

output

of Kesbec. Inc., both subsidiaries of the
Standard
Oil
Co.
(New
Jersey).
Mr.
Skehan,
who recently was
appointed manager of
the New York Division of Esso Marketers,
joined the Standard Oil organization 37 years ago as a clerk.— V. 158,
and

week

the

ended

compared with 152,200,000
kwh.
for
the
corresponding week of 1942,
an
increase of 40.6%.
Local distribution of electricity amounted to 205,600,000 kwh,, com¬
pared
with
147.700,000
kwh.
for
the corresponding week of last
year, an increase of 39.2^.—V. 158, p. 1823.
7, 1943, amounting to 214,100,000 kwh.,

p.

director

a

1267.

1943
1942
1941
Net sales & oper. revs._ $12,186,850 $12,812,160 $12,320,329
Costs, bad accts.. etc.__
9.986,108
9,923,637
9,079,378
Depl., deprec., etc.-...—
925,914
871.510
729,878

It

$6,382,039
5,035,620

548,454

402,181

425,510

333,662

509.334

522,779

428,268

$323,416

$1,105,499

$1,562,784

28,520

27.872

23.683

32,951

gold

income

Total
Int.

C.

on

F.

bonds
Int.

—

C.

on

bonds

F.

—

Oth.

int.

Fed.

&

:

$351,936

—

I

&

!&

the

27.459

Earnings

42

26

It

+

+539,100

+713,300

36,300

per

"$161,702

563,620

563.620

stock...
share

anticipated that

terms

for

the

563,620

563,620

$1.20

$0.12

50.7 i

Coulter

has

Vice-President

in

pro¬

grams.—V. 158, p. 1823.

Commercial Investment Trust Corp. (& Subs.)—Earns.

Federal

Earns,
—V.

1943—3 Mos.—1942
$2,529,202

$3,684,085

$0.71

$1.01

158, p. 1240.

$8,817,440 $11,285,985
$2.43
$3.10

the

Solvents Corp.

deposited

will

be

Fed

bef.

(& Subs.)—Earnings-

1943—3 Mos.—1942

and

1,774,850

1,693,500

4,423,150

5,511,600

$527,016
$0.20

$1,988,629
$0.75

$1,670,927
$0.63

cxc.

profits iaxes_______
v

Net

profit

♦Earnings per share

$0.29

♦On-2,636,878 shares of common
Note—Provisions
nine months
and

for Fedeial

respectively,
post-war refund

1942.—V. 158, p.

Act of

stock.

bonds

mentioned

lowest prices

in
of

excess

excess

gives notice that it proposes to apply up
of approximately $1,200,000 to the pur¬

be

declaration

has

Accrued interest on

it considers available.

which

1240.

the

of the amounts required, after
profits tax, under the Revenue

figures given in last week's

Commonwealth

&

filed

been

with

SEC

the

regarding the

A

The Raleigh Gas Co.
proposes to sell all its assets to Charles B.
Zeiglcr, of Gastonia, N. C., such assets consisted of property, real and
personal used in the manufacture and distribution at retail of manu¬

of

selling

its

the City of

in

of

nominee)
the

in

gas

$217,870

cash

all

except

(a)

Raleigh,

the

outstanding

company
any

parent

company,
income
and

Federal

and

on

Southern

Corp.—See.

basic purchase price
by the purchaser (or his
obligations, and liabilities of

N. C., for a

contracts,

existing at the time of the closing of the proposed
indebtedness then owed by*the selling company to
and (b) any liability of the selling company for
profits

excess

158,

p.

1823,

Southern

Corp.—Seeks

Authority

the preferred stock of $1 per share was declared by
on Nov, 9 subject, however, to an order of the

of directors

Exchange Commission. The payment is proposed to be
made 28 days after the date of the Commission's order to the holders
of preferred stock at the close of business on the 14th day after the
date of such order.
A distribution of 75 cents per share was made on

preferred stock on Oct. 11, last.
directors also authorized application to the' SEC for approval
the Atlanta Northern Ry. Co. in'order to complete
disposition by its wholly owned subsidiary, Transportation Securi¬
Corp., of its investments in transportation subsidiaries. By Oct. 1,

The

to

directly acquire

the
ties

and

5,251,737

$3,574,874

$3,449,940

$9,823,039

$9,638,484

340,245

221,843

1.158,765

981,698

15,614

:

of

427,616

46,841

cer¬

exps.

on
-

notes___.

11,625

for

$3,595,087

______

to

$3,630,120 $10,453,052

$9,553,550

re¬

distri¬

use

303,944.

.

inc.—unrestricted

$3,595,087

share..

com.

provision

and

2,779

900,000

accrued

as

per

39,160

2,704

war

earnings

0Includes

18,790

1,316

300,000

income

Earns,

6,915

1,813

post

bution and

137,625

6.593

corporation

stricted

34.875

ints

contingencies

line

49,045

2

min.

to

833,960

——

long-

on

interest

Net

$3,687,397 $11,409,420 $10,567,073

debt

Provision

excess

$3,326,176

$0.77

$0.71

estimated

for

profits

.303,944

$10,453,052

State

taxes based

$2.23

income

on

$9,249,606

taxes.

$1.97

also

present rates.

Federal

Federal

and

State

oil
and
gasoline excise taxes are not included
in
operating
charges and the amounts collected in respect thereto are not included
in gross operating income.
The amount of such taxes paid for
(or
accrued)
during the nine months' period of 1943 totaled $14,680,434,

and

of

1942

totaled

Condensed

$16,422,980.

Consolidated

Balance

Sheet

at

Sept.

HO,

194H

Assets—Cash, $15,636,358; U. S. Government securities at cost,
$3,585,056; notes and accounts receivable (less reserve of
$180,000),
$13,370,529; due from controlled companies on current account, $40,258;
inventories

of

$18,596,975;
notes

crude

oil

and

inventories,

receivable—not

refined

products

$1,803,778;

other

$525,711;

current,

(at lower

than

assets,

market),
$169,320;

in

current

investments

advances

and

companies not consolidated (net), $6,033,644; other invest¬
met), $5,820,288; property accounts (less reserves
for depreciation, depletion, and
intangible development, costs of $146,613,515), $81,093,626; unadjusted debits and sundry assets, $639,008;
prepaid insurance, royalties, taxes, etc., $1,445,666; total, $148,760,215.

ments

and

advances

payable to banks due within one year, $600,000;
payable, $11,831,160; due to controlled companies on current

accounts

account, $203,192;

provision
to

for

banks,

taxes

for

the

1943

year

accrued

estimated

liabilities, $132,016;

accrued taxes including
tax, $6,515,363; notes payable
obligations—not current, $1,388,706;

Federal

$2,500,000;

income

purchase

deferred

credits, $264,272; minority interests, $101,600; reserves for
insurance, annuities and contingencies (including provision for post¬
war

contingencies

of

$900,000), $2,783,235; capital stock
(par
$5),
surplus, $49,102,900; earned surplus since Dec.

$23,692,967;

capital
31,1932, $49,644,806;

total,

$148,760,215.—V. 158,

Coin Products Refining

113.

p.

Co.—Earnings—

(Including Its Subsidiary Sales Companies)
9 Mos. End.

Sept. 30—

Profit

from

1943

income

Total
Fed.

1942

operation.., $16,665,928

1941

$8,428,408

taxes.

803,602

1,281,441

1,539,039

$17,606,749

Income

and State

$23,637,672

$16,761,073

$9,967,447

*10,572,158 *16,120,170

;

1,125,000
$5,909,591

°8,273,696)

1,125,000

________

profit

1940

$22,834,070 $15,479,632

940,821

Depreciation

$6,392,502

dividends

3,898,431

1,125,000)
$7,362,376

$6,069,016

1.290,093

1,290,103

1,290,125

1,290.124

4,924,699

5,433,182

5,692,500

5,692,500

t$305,202

+$330,783

9,786.802

9,847,016

$9,481,601

$9,516,233

_

dividends

Surplus
Surplus, Dec.

.

Surplus,

or

any-

31

Sept.

Earn, per sh.
000

shs.

$1.83

$15,238,598 $15,674,618

iv-%

$2.01

$2.40

$1.89

$5,260,000

in 1943, $11,200,000 in 1942 and $3,735,000 in
profits tax and $902,158 in 1943, $1,020,170 in 1942 and

for excess

$1,125,000

+$913,608

16,588,226

-"-yv">'.■■■■'

stock

$25)

(par

1941

30

$379,752

14,858,846"

2,530,-

on

com.

'Includes

in

1941

for

taxes

other

than

income.

tDeficit.—V.

158,

1439.

p.

outstanding securities of The Raleigh Gas Co. are owned by Con¬
and pledged under an indenture securing certain bonds, as¬
by Consolidated Electric and Gas Co., known as Federated

Crown

solidated

Utilities, Inc. first lien collateral trust bonds, 5'/a %
1,

1957.

The

Consolidated
the

form

of

either

in

in

the

p.

by Raleigh

of

payment

are

Drug Co.—October Sales Increased

Month of October—
Sales

—V.

will

then

retirement of bonds by

will be held Nov.

the purchase there¬

15 before the SEC.—V.
'

158,

'

Consolidation Coal Co., Inc.

Gross

operating

Reserve

for

Federal

Depreciation
Federal

$968,990

$3,227,160

profit

165,836

$997,386

$3,392,996

100,247

224,433

339,907

339,'274

865,101

depl._

274,214
450,658

Earn,

per

share__

com.

158, .p.

$454,765

.

,

$0.92

Nov.

19.

March 25

have

stock,

'After

914,582

ended

243,009

1,140,080
$1,163,382

$1,276,009

$2.32

declared

and

Dec.

28,

par

$2.56

a

dividend

of

value,

50

for

Dividend—
cents

per

share

1942.—V.

158,

551,600

%

p.

669.

$464,398

$1,628,386

—40 Weeks Ended—

Oct. 3. '42

interest,

depreciation,

$448,639

Federal

before provision for Federal

9,

1943,

amounts to

income

'.085%';

•

Oct.

Oct. 9, '43

$66,184

$144,915

income

the

Oct. 3, '42

$277,751

and

tax

all

other

...

income tax for the 40 weeks

$932,$12,;find, compares with $505,002
1729.

corresponding period of 1942.—1,58, .p.
fion.

Pays All Arrearages-

per

$8

directors

cumul.

record
on

Oct. 9, '43

charges.
Net

payable Dec. 6 to holders of record
This compares with 25 cents paid on Sept. 17, last, and on
no

51,114
100,000

—12 Weeks Ended—

1130.

directors

8,421

$3,403,989

income

7%

common

72.000

168,016

______________

2,331,100

Cushman's Sons, Inc.—Earnings—

972,373

$314,856
$0.61

Crown Cork & Seal Co., Inc.—Larger
The

1941

544,819

1,955,500

tax

earnings 2.
158, p. 1729.

The

the

1942

$36,923,493 $37,944,385

.5.527,505

prof, tax

Period—

$3,502,871

taxes

inc.

Net
-V.

81,925

73,018

__________

excess

$3,420,946

28,396

'

Net

—V.

and

income

income

on

(& Subs.)—Earnings—

69,137

■_/

1943

$46,216,525

revenue

Reserve for State income taxes.,

$1,183,519

—

(& Subs.)— Earnings-

Nine Months Ended Sept. 30—

Reserve for Federal

Interest

$890,821

1529.

Curtis Publishing Co.

be

.

Other income.

1942

$906,358

158, p.

Earns, bef. Fed. & State taxes

on the matter

1.7%—

1943

inter-company

and

market.

open

hearing
1823.

sale

liquidating dividends,

latter company
bonds and used to effect the
of

series, due March

to be paid over to
indebtedness or in
deposited by the
with the. trustee under the indenture securing the above

proceeds of the

"Chronicle" are
V.

Securities and

the

238,786

5.623,942

$3,915,119

bank

Other

assumption

Period End. Sept. 30—
1943—3 Mos.—1942
1943—9 Mos.—1942
Sales, royalties, etc
$10,064,555 $11,169,265 $28,273,461 $34,109,856
Oper. exps., taxes, etc._
8,881,037
10,200,275
25,046,301
30,688,909

$1 Preferred Dividend—Proposed Acquisition—

dividend

276,332

1,813,784

(net)

exp.

Applic.

596,054

83,393

1,812,783

income

*Net

board

the

809,638

following

transactions:

$1,252,656

to Pay

145,367

leaseholds

Net

.

&

222,668

sale

Common

.

Commonwealth

5,163,076
5,658,723

leaseholds.

92,977

Preferred
—

30, 1942, were about $517,000

1345.

weekly production
of

57,291,903

5,210,739
5,324.571

retirements,

on

term

funds of Consolidated.

paid out of other

Raleigh Gas Co. Assets

A

Commonwealth Edison Co.—Correction—
The

those

61,970,641

1.768,882

2,187,540

income

Interest

sum

in the over-the-counter market, of such bonds,

will

acquired

so

To Sell

«

income and excess profits taxes for the

and the quarter ended Sept.

$156,000.

deducting

$6,411,779' $7,182,527

$2,220,516

$768,305

inc.

Federal

19,43—9 Mos.—1.942

$2,543,155

taxes„;__.

19,840.059

2,271,408

Other

sumed
Prof.

22.272.319

&

tain

the trustee thereunder, or to reimbure
of the above bonds of Southern Cities

by

purchase,

employed.
Consolidated

above

the

at

All

Period End. Sept. 30—

Other

Profit

Net

1943—9 Mos.—1942

1942

admin.

Depletion

to

Subs.) —Earnings—
-3 Mos.-

prior years.

,

Commercial

amount

the

indenture,

the

chase, through brokers,

sale

taxes

share..

income

per com.

1943—9 Mos.—1942

the

and presently pledged under the
sale will be made on or about
'
-V- ^7%%-

to be

Accordingly,
to

factured

Period End. Sept. 30—
Net profit after chgs. &

the

the SEC, by order entered on Oct. 27, has permitted
to apply such sum to the acquisition of such bonds, upon
however, that the company notify the holders of Southern
Utilities Co. bonds of its intention to make such purchases and

method

A

charge of

(&
1943

$32,227, 035 $29,288,965 $89,038,902 $83,838,764

.;...

costs,

company

the

1943,

System, Inc.—New V.-Pres.—

elected

been

&

develop,

Deprec.

condition,

Nil

for excess profits tax of $48,300 in

of

purchase

company for
Utilities Co. and

1942 and $422,500 in 1941.—V. 158, p. 1240.

Columbia Broadcasting
Douglas

$679,164

■

tlncludes provision

<!Loss.

$400,250

$79,237

receive 'in

to

sold by Consolidated,

is

the

available

410

107,300

chgs.
taxes

Co.

Liabilities—Notes

$1,200,000 in cash, which the
payment for the stock of Peoples Gas

io.

Under

Cities

137,940

137,940

137,940

Oil

income

Surrendered

states:

will

approximately

of

sum

to be

indenture.

..

137,940

Net

$304,900 in

56,037

Corp.

inc.

profit
Shares capital

$68,985

56,037

there

that

expects

about

Co.,

the
"r

I.

misc.

State

$1,586,468

56,037.

_________

&

$1,133,371

To Expend

Trust

company

Nov.

Co.

-L—

—

be deposited with Central Hanover
Co., trustee of the 30-year 5%
1st lien and coll. trust
bonds series A of Southern Cities Utilities Co. (assumed by con¬
expected

&

the

.

(Inc.)

■

solidated),

$36,034

"

Income

is

Bank

477,934

exps._

profit.

oper.

Other

Gas Co.

&

George E. Devendorf, President,

1940

30—

473,479

Ordinary taxes
Selling & admin.
Net

Consolidated Electric

$1,200,000 In Purchase of Southern Cities Utilities Co.

Earnings—

Colorado Fuel & Iron Corp. (& Subs.)

$2,82

to controlled

Bonds—

3 Mos. End. Sept.

2,853,971

$2.51

1,980.006

elec¬

,

company

2,583,971

Taxes

352.586

$194,490

to surplus—

♦Figures

Nov.

2,583.971
$1.87

$1.63

expenses
*

Intang.

income

The

Other income amounted to $17,459.
As
of
Aug.
28,
1943, the
company s
earned
$8,138,774,—V. 158, p. 84.

2,853.971

1729.

p.

oper.

Net

$288,124
of net inc.

Total reserv.

+Net profit
provision for Fed¬
$.1,534,887 for this

5,941,719

$8,944,485

share-.™

oper.

Pipe

period.

H.

1943—12 Mos.—'61942
$6,119,178
$4,506,347
3,201,026
2.449,258
414,641
398,806

depreciation and Federal and State income taxes.

from operations before depreciation

F.

1943—3 Mos.—1* 1942

Sept. 30—

Statement

259,049

■

Aug. 30,'41
$1,300,320
100,500
$2,15

Aug. 28,'43 Aug. 29,'42

profit

Preferred

158,

Interest

Lighting—Income

&

(& Subs.)—Earnings—

6 Mos. Ended—

eral

Railway

par

Collins & Aikman Corp.

♦After

484.

p.

depreciation...

Prov.

"Net

158,

revenue

exps.

Other

9,482,191

$7,381,502

stk.

common

per

Net oper. income
a

$1,324,799
685,674
100,730

quarterly dividend of 75 cents

usual

share on the common
value, both payable Dec. 15 to holders of record Dec. 1.
.A year-end distribution of SI was also made on Dec. 15 of last year.
—V. 158, p. 1729.
snare

stock,

$0.21

$1,512,426
894,697
103,253

Operating
Oper.

1031.

p.

7.943,653

$5,353,762

par)...^__„.

Costs,

—

declared

have

1941—V.

31,

$69,134

$1.25

special dividend of 25 cents per
stock, no par value, payable Dec. 1 to holders
15.
This compares with a special of 50 cents paid on
special of 40 cents on Jan. 31, 1942, and one of 25 cents

Nov.

Prov; for

per

$408,564

'

Total prov.. for taxes—

estimated

contingencies.—V.

for

••'($20

funded

$32,832,343

profit1,299,070

Earnings

taxes.—1,115,475

1941

1942

1943

sales——.—_

record

on

9,518,990

$4,644,167

common

June 30, last, a

Cleveland Graphite Bronze Co.—Earnings—

"Net

the

on

1942
$345,674
156,520
120,000

$5,255,818
131,779

—

directors

The

exhaust $54,214.61

1940

&

Period End. Sept.. 30—

1943

—

share

per

Special Dividend

mortgage

1st collateral trust

amount sufficient to

an

Broadway, -New
15, 1943 receive

70

of

Gross

■

•

—2L--

-

Profit

Central Hanover

York,

'

and excess profits

Federal income

Tenders—
The

inc.

taxes—

Net profiL__

^

Shares

Inc.—Earnings—

(Including Domestic Subsidiaries)
Profit

886.

p.

est.

profits

1941

29,760,171, or 13,50%.—V. 158, p. 1729.

increase of

an

Conde Nast Publications,

1, 1943, a total
105xk and int.
trustee, One Wall St.,

Trust Co..

Irving

excess

1942

$14,163,157 $13,297,415 $11,863,693 $14,886,204

as

Continental

Called—

Co.—Bonds

Electric

14, 75- cents

Dec.

territory

818,938

has called for redemption as of Dec.
J.st mtge. VM'/t
bonds, due 1967, at

$71,000 of
Payment will be made
New

1943, to

14,

Dec.

Nov.

record

of

*1943

;

19, 1943.
Similar distributions
were made on March 13, June 14 and Sept. 14, this year.
Payments during 1942 were as follows: March 14 and

stock,

common

holders

Sept. 30—
deprec. &

Nov.

preferred
This

15.

share and

all

4

Nov.

on

declared

stock,

arrears

of $7 per share on the
payable b'ec. 1 to holders of
quarterly dividend of $1.75
this issue.
No action was taken on the

par

the

covers

on

a

dividend

$100,

current

cumul. preferred stock.
Distributions

stock

on

March

totaling
1,

$3.50 each

June

1

and

were

Sept.

1,

made
this

on

the

year,

7%

and

preferred

on

Dec.

and Financial Chronicle (Reg. U. S. Patent Office) William B. Dana Company, Publishers, 25 Spruce St., New York 7, N. Y., BEekman 3-3341. Herbert D. Seibert, Editor and Publisher;
William 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: Chicago—In charge of Fred H. Gray, Western Representative, Field Building (Telephone State 0613). London—Edwards & Smith, 1 Drapers' Gardens, London, E.C. Copyright 1943 by William
B
Dana Company. Reentered as second-class-matter February 25, 1942, at the post office at New York, N. Y., under the Act of March 3, 1879.
Subscriptions in United States and Possessions,
$26.00 per year; in Dominion of Canada, $27.50 per year.
South and Central America, Spain, Mexico and Cuba, $29.50 per year; Great Britain, Continental Europe (except Spain), Asia, Australia
and Africa, $31.00 per year, NOTE: On account of the fluctuations in the rates of exchange, remittances for foreign subscriptions and advertisements must be made in New York funds.
The Commercial




1,

1936

THE COMMERCIAL & FINANCIAL CHRONICLE

3942,

while

in, each

the

of

payments of

preceding quarters

12

{jbn

Arrearages

$64

amount" to

share

preferred
Dec.

of

as

$2 per share on Dec.

issue was

1,

stock,

1935.—V.

2,

158,

payment

1942

$2.32

$1.55

$3.88

."follows:

Period End. Oct.-31—

78,368

134,502

1,577,190

profit

1943—3 Mos,—-1942

1943—12 Mos.—1942.

$$460,769 '$$2,142,043"

••.

$227,727

-

share

per com.

"■Before

provision

Stale

income

taxes

$608,572;

taxes,

$1,798,025

/

480,767

profit

without
at

ance

with

operations, $8,330,010; other deductions, $211,931; bal¬
$8,118,079; miscellaneous other incomer, $54,140; total, $8,172,220;
estimated Federal income and excess profits taxes less post-war credit,

etc.,

for

and

applicable to the .calendar-,

Federal

consideration
S.

amortization

of

excess

profits

1942..

been

-,

,,,

computed

post-war

for

credits;- which will be-determined
subject, to renegotiation • of; contracts

1943

Government.

'

■

,

Net

1943-

A. Downey,; President, in letter to stockholders'states:
Company lias completed the renegotiation of wits 1942 business. In
September, "1943, an agreement was reached ■; with the War
Depart¬
ment,
Philadelphia Grdnance District, Hriee Adjustment
Section,
.wljereby the company agreed to refund to the War Department tlte

$4,470,027

sales

Net

profit from operations

/

-

1941

1942

$6,693,627

$5,705,480
238,694

327,969

282,331

sum

"

taxeS/&

profits

excess

228,525,

/

113,7io

,

150,810

of

tion

Less provision for Federal income,&
.

403

Act,
Net

;

$99,444

Income

share------

Earnings per common

charging $23,041 for depreciation
and $26,419 in 1942.—V. 158, p. 1729.

$0.50

,

1942,

the
the

the

As

Decca

Records, Inc.—Earn ings1941

1940

$519,651

$248,964

388,325

388,325

388,325

$1.75

sha res,..u./

$1.43

Earnings per share—.
*

After

for

reserve

*

Federal

profits taxes

excess

1942 and

in

life

June

(including
The

1941').;

first

recently

announced

refunding bonds where -tender
The expiration date of the period for delivery of bonds tendered
Oct. 29 (see V. 158, p. 1439).—V, 158, p. 1823.

See

Machine

Tool

Corp. •below.- -V,

Diamond Alkali Co.—No
Tim

directors have declared

share

■per
of

Dec.

Nov.

The

but

27,

took

ization

*

par" $20.

action

no

on

Dec.

130.

and

expansion

made

advisable.—V, 158,

the

for

reserves

this

omission

of

the

post-war

V.

Period End. Oct. 31— :

The

above

stores,—V.

sales

158.

include

those

of

modern¬

A

the

//: /-■.///"/ •'.

"16,

."Excess

"profits,

profits

"The

have

"On

the

12

not

is believed

Months

Ended

after

V

sh.

per

div.

Sept.

the

set

reserve

of

class

coin,

Co.-

*>Before

•f45'.;

share.;;

with

to

respect

profits taxes.

•excess

Dome Mines,
9" Mos. Ended

Bullion

•1 levelopmeni,

and

surtaxes

1943

:

$643,159

$2.16

and

90';

profits taxes.

with

respect

excess

holders

profits

the

1940

2,023,497

2,0.60,100

982,300

983,127

1,346,754

Outside

explor;

Reserved

Foreign

for

171,285

29,288

30,000

22,717

/.;/

Net

$1,899,317

$2,430,770

492,549

470,527

est.—

$2,188,581

----

share..-.-

1,946,688 shares

$2,391,866

-

,

V.

158,

Dow

p;

(value

134(5.

;

-

■

Chemical

$2,901,298

of

.tor

each

Nov,

lu.

<>f (50,000

stock,

$105

a

$1.49

$1.56

capital stock,

•

Oct., 1943

//V/'

in

the

$501,719

new

share

ol

.

■

underwriting agreement'between the company and Smith,
Barney
was
signed in .Newt York on November 8 whereby any of the
preferred stock not. subscribed by the common stockholders will be
<aken up by the bankers for subsequent
public, offering. The common
stockholders

until

3

There

p.m.,

80

underwriters

Nov.

listed

to

22

exercise

for

the

Dov;

of

their

Chemical

preferred stock to the common stockholders.
Barney & Co., other principal members of the

iP'otip are Morgan, Stanley & Co., Dillon.




those

1943,

5'r

Read

&

Company's
by

underwriting
Co., Kuhn, Loeb &

inc.

alter Fed.

'

ot'

$0.11'

i-

17.4

5.2

any

for

Federal

income

*

•

com¬

'
;

for

present

by

the

become

the.

the

the

time

same

payable
be

become
upon

has

to

no

of

$100

•A

provisions of

to

are

preceding fiscal

in

of decreases

-

in

that

at

year.

Nov.

30,

oi

extra

25

oi

dividend

companies,

of

a

present/intention

4T

■'

;-'•

50

per

of

share

$1

per

have

U.

Est. '

cents

was

disbursed

on

to

S.

S.

leered

exc.

taxes

Sept.

record

last.—V,

1,

stock,

common

p.

..

■
dividend of - 50
stock, no par value,

ments

June

marie

25, 75

cents

per

share has

dividend

of 25

cents

per

•stock, par $1, payable Dec. 21
payment this year was same
25

cents

declared

An

prof,

down

each

were

p. -1440.-

made

on

to

declared on the
holders of record Dec. 6.

amount

March

20.

Sept,

June
'

20

22.

181,280,507-167,386.263

28,080,201

86,365

26,775.210
V;
649,828

8,127,170

27,425,038

3.396,000 / 1,664,520
1,712,000
2,615,000

10,996.000

profit

tax

■

,

on

6,200.000

4,712,000

.

•9,600.000

...

302,000

276,477-

795,000 //:■

580.000

269,000

1,523,672

957,000

3,302,173

9,398,366

8,969.208

168,750

506,250

pre-

•/■/::' •/. i
506.250

upplic./ to
3,013,085/

share

3.133,423

8,892,110.

8,462.958

of

stock

other

;

$0,544

adjustments

Motors

totaling

General

Michigan

no

with

$0,597

$1,605

si;gix

in

at

the

the

at

end

fiscal

of

first

two

As

year.

quarters

the

of

provision

1943,

present Time suff icient t o

cover

Corp.—Subcontracting in Michigan-

$384:307,433

Motors

stood

General

business

in'1942.

first

Motors,
in

with

the

the

among

States

accounting

1942.1 It

.

for

also

was

corporation.

in

39/

over

the

1939

figure.

In

Number

1919,

of

3,516

of

in

suppliers furnishing "war materials or
1.942 was ,26'f of the U. S.-total and

.in

dollar

28/

first

and

volume

the

U.

number

services

to

business
total

firms

Motors

increase: of

an

transacted

1857.

of

doing

subcontractors
General

represented
p.

of

S.

of

Michigan

companies

ness totaling $206,120,130' with GM.-V, 158,

•

■

busi¬

.

General Precision Equipment
Corp.—Earnings—

9 Months Ended

♦Consolidated
.*After

of

tax

1942.

'•

26,306,208
-

were
received by- 4,913 Michigan f;nns
according to an analysis just completed
/of the corporation's purchasing records.. This was, an
increase of 86'iover the figure for
1939,,last normal year of peacetime business.
•••/.■

common

19

407.093

•

&

stock

General

extra

Distributions

and: Sept.

25,899.115
.

168,750

per

and

orders

common

.....

25,702.156:

totaling
possible
and other year-end adjustments;
no. provisions is
being made for contingencies in the third
quarter.—V. 158, p. 1857.
■■'y

Only other

on

-

T942

inventory writedowns

Pay 25-Cent Dividend—

share has been

•'

-:

3,181,835

,$1,390,572,624

the

v

>

9 Mos

7,436,887

8,591,835

contingencies made
$1,523,672, is considered

670.

on

—

tax

for

payable Jan. 1 to holders of record Dec.-15.
Pay¬
during 1943 follow: Jan. 1, 50 cents; April
1, 25 cents;
cents; and Oct. 1, 25 cents.—V.
158, p. 1347'"•■•:

Fcrro Enamel Corp.—To

—V.. 158,

been

1943

.

Faultless Rubber Co.—-50-Cent Distribution—
■/>• V
A

1

and Canada

^Including proportionate share of profits or losses of
subsidiary
/companies not consolidated/ " tProvision for possible
inventory write-"

...

,,

Nov. TO

158;

S.

8,040.805

stock

common

>-

'

'r/

.

&

income

divs,

■Net "■profit

from

.

v

—

9,643;160

income

common

other

•

1531.

gen, exp.

surtax)

lor

Net

but subject to
to .compare favorably

the

on

held Nov. 10,- V. 158,
p.

was

57,287,334

Net" profit

-

and

declared

reorganization*.

301,846

foreign

Prov.

.

-Net working capital is now
1942,'and the increase, is-re¬

holders of

plan of

41.809,642 126,416.096 115,784 992

•profits tax
tProv.. lor contingencies
•

4i%

rate, of

,

lo

61,343,436

contingencies

Est.

calling

in'all

regis¬

a

proposes
>

43,410,287

income

(inch

"share and the usual quarterly dividend

been
1

proposed

1943—3 Mos".—1942

charges

Est.) U.

government/obligations. • Cash
also
increased
substantially -* as' a"
other current asset accounts.—V.
158, p. 390. ■

both,payable Dog,

General

sales load.

proposed plan of reorganization
which, in effect, will l-esult in their

Corp.—Earnings

ol"goods sold, infreight charges

.Profit" before

special

of-

the

tins'

a

terms of the

the application

on

•5'SeIling, adm.,

,

cents

par. value,

a

(Including wholly owned subs, in U.

•

the

& Co.—Extra Dividend—

which

of

of

fiom

consummation«

call

cltfd.

and

-

in

Net./sales

of

share

expected

to. permit The

company,

certificates.

per

the

adjustments,

Act

(ct

•/:.,/■:';-'•'/..,

hearing

Cost

,

stockholders/covering

.

said

company/

.

exempting it

the"imposition

directors,

share

entitled

at

order

an

>/

Colony—

*

stock/ which is
.dividends, would

one

1277.

p;

8,289,989

exchange of

redeemable
letter

corporation

holder

of

investment

Period End. Sejit. 30—

the

-

common'stock

accrued

1940'for

(d»

without

investment

Colony is

and

of

'80.10

amounted ' to

registered open-end investment
application pursuant to Section 6

Preferred

board

and

to

680.470

1,578,697

$0.50

a

an

lo

.

5 "c- preferred

share and

per

closed-end

its shares

"Other
stock

Corp.,

Company Act of

Under the

1941,
-f

9

1,301,010
/,/

the
1943
iieriod
$1,515,161.- -V. 158,

in

period

$986,188

1,578,697

$0.40

..

taxes

1942

combination,

.:

-

,

$50,252; 1942, $8,366; and

Nov.

1.240,826

General Foods

'• $1.09

tax

produce

proposed transaction with Old Colony Investment
Trust,

both

1941

,/«

aircraft

to

for redemption all of its
outstanding debentures
is to pay or make
provision for the payment of all of its liabilities
other than liabilities to its
shareholders as such.
Thereafter* all, of
Old Colony's
remaining assets, (except a small cash reserve) will be.
transferred to General in
exchange for shares of General which, taken
■at net asset value, will
equal the market value of the assets transferred..
Old Colony will then
liquidate and distribute the shares of General, to¬
ils shareholders,'
Adjustments for fractional shares will be made fronv
the cash reserve.

23.5

-

new

$2,816,177

1,578,697

Old

—♦

t

$0.21

R

•

taxes/

The proposed transaction is
part of

of

fOn 1,23T,500 shares

'

S3.143.000

outstdg,.... / ;.
Federal

Capital

t

'

profits taxes.

preferred

of

a

tered

Pet.:

.

$0.20

but; before

-and

Amount

1942

Income

stk.

com.

filed with the SEC

•issue

-

of

203,763

$0.21

depletion

and

taxes

per^-common share-—..

provisions of Section 22

'.

■'

inc.

R,__,;,„___

Investment

a

plan

at

government

An

subscription

Headed

:

•

'

-

Sept. 25,'43 Sept. 26/42 Sept. 27/41

Federal

:

General

p.

$133,474 ;; : $254,049 ) $1,347,260

was

however,., the

the

170,959

$0.09

f ■_

General Capital Corp^—Deal With Old

•.

,

of $6 per share,
stock would

for

71,881

$0.06

%

Baking Co.- Estimated Earnings—

before

Note—Estimated

•

providing

$105

Fairbanks,,Morse

A
arc

;

-

-Earnings—

excess

i

$1,902,174 and in the

corresponding

4,916

larger holdings of cash
obligations have

,

offering
.Smith,

have

Net

15,-

.

28,298
19,587

larger than

exchange
preferred

Co.

rights.

■

the

1943

share

the

year-end

47,568

_

charges,

,

preferred
of business

preferred for the outstanding 5',t

inc.

(est.)

taxes,

and

result

new

.

.

•

with

annual

and

An

3c

compared

79,053

flected

one

Net

Light- Corp.;, and

94,605

approved

at

and

*$2.4i

including depreciation
for taxes.—V.
158, p, 671.

Earnings

<•'

*•••". ?

162,595

somewhat

fiye shares of common stock held at the close
Approval was also voted for the share for share
shares of the

with

that

present

with

Preferred

ratio -ol

...y~

preferred

audit

/

Co.—New

v.

corporation's charter would
respects apply without change to the 4'/
preferred stock. •
Earnings for the current fiscal year, after

Oct., 1942

$471,514

profit,

General

has
*

Power-

■

plan

time

$1,926,648

$2.73

39 Weeks Ended—

48,041)

annual

The

J;

-

Sept., 1943

of$470,046

share

as

575.

each

of

$2,182,539

$0,80

'

corporation recently announced it has
organized a
manufacturing company/ the Airborne Transports, Inc.,
large troop gliders on the Pacific Coast.—V.
158, p. 888.

stock for redemption.
The usual quarterly'^dividend at
rate.of 5T would be payable on
Jan./l, 1944, and,quar¬
terly dividends thereafter would-be payable'at the

meetings of the stockholders and directors held or. Nov. 8
plans
were approved for the sale.of
24.9,741 shares of new $4 dividend cumu¬
lative preferred stock, series A, to be offered to the
common
.stock¬
at

%

99,521

after

dividends;

4',.

Al

holders

«.•v

"

1942

preferred

the

Stock Issue
Ap.proved-4-Oil'er to Common Stockholders Underwritten—
Exchange Oiler to 5% Prefererd Stockholders—
•

Electric

\" ' *

a

any

•plan" states

$3,037,621

$1,123'

81.12

,

output

• •••,."

97.640

outstanding

stock

4'T

accrued

453,381

per

at

payment

The

$2,584,240

474,059

holder

preferred
cash

$1,714,523

to

the

in. accordance

194,598

Moith of—
Bullion

The

81,524

earnings1.

profit,

-On

82,081

profit..-—

Operating

|

190,893

corporation will vote at

callable

paid,

of funds/.

Miscellaneous

:i:Earnings

27,000

.:

deprec..//

exchange

transfer

on

expense

of

$641,619

$0.85

•

General American Transportation
Corp.—New Sub.—I

S56.507

1943

p,

719,000

$2,645,648

The

special meeting called for Dec. TO, 1943,
upon
a
plan for reducing the annual charge for
dividends/on the
corporation's $7,306,000 of preferred stock capital, in lieu of a
redemp¬
tion of the stock, out of
treasury funds or by public or private sale
of
other securities.
George W. Johnson, President,, states-That the
present plan has been selected by the directors after
careful
con-/
sidcration with Goldman, Sachs &
Co., of many alternatives.

$5,95
955,140

.....

•;...

share__•_'•

158,

774,000

.

share

reserve

$104,547
;

1943.:

follows;

as

Lght. Co.

profit

According

to

1941

..

were

stock.

$2,956,539

215.000

$678,280

—

"!After.'.all

$247,823

•

■

R

Emlicott Johnson Corp.^-To Create New
4%
Issue—To Be Exchanged for 5% Preferred-

S3.58

■/.

excess

$5,867,625

.

'

,

Light Co.,
Light Co.,

three months ended Sept.
30,

$1,004,543

'883.437

and

est..;-;...'.;

"

-

Corp.Lgt. Co-

per

common

$453,838.—V.

'

for taxes,

&

&

Note—Net

427,854

1,649,856

opeiv

of

1.138,151

1942

$4,356,897

general costs
I'rov.

''t:ti

•

•/...'"After Federal income.and

2,570,548

$5,016,753

-r

Pwr.

Pwr.

TEarnings
'

1941

S 17,233,290

Ltd.—Earnings

Sept. 30

>

Pwr. & Lgt.

—h:.

income, surtaxes, and

1942

.

Services, Inc.—Weekly Input—

&

$856,619

275,000

company's net
of
Cuban-Am.

in' net
Per

t

Electrolux Corp. (& Subs.)

•

•

_

4,417.403

$1,033,835

normal

production 2, —.V

_

9 Months Ended Sept. 30—
•'"'Not profit ■

SAfter deducting post-war credit of
158, p. 982.

tax of $401,242.—V,

J

Power

•

$953,280

of

earns,

110,073

The
above figures do not include
the system, inputs
panies not appearing in both periods.-—V.
158, p. 1824.

$2.10

13,532,325

S3.48

Federal

2__i

1,

profit

and
-

Manganese Corp. inch

•

$1.99

.

Net

Portion

$357,895

—-—Thousands of Kilowatt-Hours'

Elec.

being
1942

1942

5,313,176

™

estimated

•

&

76

1943—9 Mos.—1942

excess

taxes '

(

1

1942-1—:.

1942...

in surplus as of Jan.

during T942

NatT.

£3,878,099 j"/.;'.t241,919

•

:

;

per

income for

Power

$147
'

and" State-

period of 1942.—V„ 158, p.,..770;":

1943- 3 Mos.—1942

Earnings.-per share.,.
•

on

Operating Subs, of

$871,770

"

1943

•.

profit

effect

."•

.

same

the

(over

-Increase-

574.

p.

profits tax/ j
post-war, adjustments--;.401,242'

'Earnings

•week

stock,

158.

1942

the

i

and

$849,924

excess

for

and

For the week ended Nov.
4, 1943, the System inputs of client operat¬
companies
of
Ebasco
Services
Inc.,
which
are. subsidiaries
of

■./•/,

-Earnings—

//Est. Fed. normal inc. and surtaxes;|

Net

effort

stock„___ V

A

.J...

■Est. Fed.

1941

profits

'
t

^

.1591,573

■

Federal

the

.__•

Federal income &

for

plant

158,

Aiher.

is

every

returns

special

ing

net

on

cups

.:///.'

.

.R™-$36,369,469 $22,833,034

,« Profit

I'rov.

Dixie

*1943

9 Months Ended Sept .30—

sales

•

profits

excess

adjustments.—V.

Doehler Die Casting
Net

and

30—

on

less,

or

of

in

"

^

National

more

of

Ebasco

shoe

Will be adquate.

up

healthy,
profits."

incl. Fed.

year-end

of

/

sales

the

tax

certain

Payments during 1942 were 'a.4 follows:' Febri5 and
May
cents each;
and Aug. 15 and Nov. 16, 40 cents cach.--V.
'}■

double pre-war quantities.
yet renegotiated the sales to the Govern¬

202,666 shs.

on

ceiling,

a

that

amortized

of

more, than

business" is

requirements

-Subject to

fixed

been fully

670.

p.

American

follows:

as

profits

ledger'value

no

1731.

;;|f

<

part

fact

reasonable

Net income after taxes,

•Earnings

as

that

the

whole,

maintain

to

the

running

has

company

but it

ment,

have

taxes

been

in

stated

notwithstanding

containers

made

Nov. 8.

chain

excess

-

••

the

last.

50

*

.

Dixie Cup Co.—Earnings—
Moore,

Beck

S.

and

"397,308,

:

share'..";f„_2_"/•/_„_$0.91
l.Zl
73

Period Ended Sept. 30-

/Profit:

cents per share has been
declared on tfye common
par value, payable Nov^ 15 to holders of record
Nov. 5.
Dis¬
tributions of 40 cents each were
made on Feb. 15. May 15 and
Aug.

■■/%;:-/C/%//■'*■/• /'://%/■'/ //

"

Hugh

A.

income

1942,

!

■

Freeport Sulphur Co.—Earnings—

1943.

renegotiation proceedings, and
the Bureau ot' Internal Revenue

by

common;

State income taxes for

1943.

dividend of 45

stock,

1943—10 Mos.—1942

-

Federal

retroactive

158,

$2,977,722 $24,066,990 $24,848,51-5

1530.

p.

■

all

Shares of

special dividend this

1943—Month—1942

$2,664,918

14,

Eastern Utilities Assnciates-r-45-Cent Dividend—

Diamond Shoe Corp.—October Sales Off 10.5%—
pales

15,

Sept.

on

aforementioned

examination

and

Net reduction

year.

289..

p.

Dec.

on

paid

Increase in net income for 1941

1942, the company made a special distribution of 50 cents
which made total payments for that year of $2.50 per share.
declared that earnings have been satisfactory, but

adequate cash

was

holders

to

special dividend

a

$23,333, is payable
the

had

Decrease in net

11

$46,667

the surplus account as ol' Jan. T, 1943,
aforementioned settlement of the renegotiation
proceedings, change, in basis of amortization of special
plant facilities
and the related adjustment of Federal
income, and excess profits taxes
Tor the years 1941' and
1942, is as follows:'
•-..">

dividend'of 50 cents

payable

($70,000)

then:

result

a

company

•'necessity for providing
year

usual quarterly

foe

Oct. 3, *42

charges and provision of $293,650 for Federal
income taxes,
tA.ll charges and provision of $450,350 for

(represent¬

existing contracts) was restored to the accounts, and
was allowed over a
period of 60 months accounting from
1941; other adjustments of smaller amounts
were also made., a

1.

The

Special Dividend-

the

stock,

common

157, p.

$1.03.

$31,694,699 $31,685,708

/"After

rate applied to the $700,000) has been
Treasury Department to'the Price Adjustment

Net increase of special
plant facilities as at Dec. 31,

23,

•per share,
>

the

on

record

•On

:

was

Corp.—Proposed Merger—

International

Sec¬

to

Appropriation

$630,000 of this amount

1, 1941-Dec. 31,

as

Detrola

Defense

"Cost value of special plant
facilities-,-,2
Allowable amortization, June

had

and

the

for

National

pursuant

tax

accepted tenders, of its
prices did not exceed 82.99.

it

•>: $321,138

and provision

Oct, 2, '43
./._„„„

Earnings per

changes the company incurred an additional Federal
liability at the end of 1942 of $223,647, which was paid on Oct. 18,
1943.
The net book value of
special plant facilities of the company as
oi Dec. 31,
1942, was increased $247,823, as follows; ■.
I

faxes

Delaware & Hudson RR; Corp.—Bond. Tender—
corporation

1941

Subs.)—Earnings—

Profit

Through these

.for 1943 amounted to $778,286 and in, 1942 to $550,000.—V. 158, p. 1824.

The

of

Credit

S.

an

1941

which

renegotiation,

(&

■

Number of.stores •iiv operation.-.

amortization

J $0.66

•

of

company's

years

facilities

388,325

$1.36.

charges and provision for Federal and State taxes

the

the

1942

$554,992

$679,676 /

income.:::•_".~2.i-—,

;outstaliding

of

1943

Ended Sept. 30

9 Mos.

of warTacilities

income

40 Weeks Ended—
Sales

profits tax

U.

with

of

Supplemental

balance

remainder,
result

a

settlement

Sixth

excess

by
Of

and

lull

amended.

as

concurrent

•'•Net,

in

the

certified

1943

in

of

Section.

$0.51

amortization

and

$700,000

ing the 90'y

$131,520

$124,919

$0.40

s.After

$303,871

-

"

$2.48-$0,95>-v N-;-/

.

Food Fair Stores, Inc.

J.

June 30r-rr

$636,190
share

common

1942

Renegotiation o£ 1942 Business Completed—

Davcga Stores Corp. <& Subs.)—Earnings—
6 Months Ended

$4,607,954''

taxes.-/
/ The' consoiidatdd income
statement; for the nine months
Tndecl Sdi)^
30, 1943, follows: Sales
(net), $16,499,428; cost of
sales, $12,706,280*
sell,
exps.,
$144,709; administrative and general
expenses,. $24o'562*
operating profit, $3,407,877; other income
(net), $72,357, gross income'
$3,480,234; interest expense,
$38,753; taxes (other than Federal income
taxes),
$280,883; depreciation, $262,130;
amortization
of
war
tacilities, $285,278; provision for
contingencies and post-war
.adjusts
ments, $600,000; provision lor Federal
income taxes, $1,377 000net.
profit", $036,190.—V. 158, p. 670/
"•
;
' - " '
?
" ^^

Federal 'and

year

taxes has

„

$6,641,561; net profit for the period, $1,530,659.-—V. 158, p. 768.,

Federal

$5,075,250

1943

depreciation, amortization

$1.92

.

,

Subs.)—Earnings—

Sept. 30—

-.1

Earnings per
'! "After

$403,407

$2.05^

.

tlncluding Excess profits ,tax, and State, insome
adjustments relating to renegotiation of

year-end; ' Figures
U.

depreciation,

'

,

1943—10 Mos —1942
:

1440,

J).

9 Mos. Ended

913,850

■

$430,351

$0.29

•

IuO|

15, 1943

Sales—

V

$589,694

Follansbce Steel Corp. (&

iBefore

contracts,

Note—Provision

met, profit from

$61,567

$0.11

for

(estimated).

Government

provision lor post-war adjustments and other
"contingencies, $1,000,000; estimated Wisconsin income taxes, 8456,433;

v.

1943—Month—1942
$599,853

>v.

Earnings—%//•/

320,834

1943,

profit from operations, $13,174,435; selling expenses
general and administrative expenses, $962,797; provision for

taxes,

Rolling Mill Co.

47,530

Net

depreciation and e.mortiaztion, $269,322; Social Security and unemploy¬
ment,

(M. II.) Fishmaii Co., Inc.—October

;

••

265,297

Earnings

Gross

$1 547 301;

J
'•

/

$335,554

on

of income lor the nine months ending Sept. 30,

statement

1730.'

p.

.

profits

excess
,

158,

Deprec, an,d amortiz.-...
tProv. for Federal taxes

1941
$1,242,542

^

The

Eastern

•

depreciation, amortization; Federal income and
ton 659,998 shares of common stock

Corp.—V.

Period Ended Sept. 30/Profit
.-ia_--

-

.

$1,020,702

Securities

Monday, November

Sales

-

-•After

taxes,

Mellon

will

this

on

1729.

p.

1943.'
SI,530,659

Sept. 30—

profit

tEarnings per coin. shareJ.:i^.:-—i--

'

value,

par

no

LaiT

I943-.

Cutler-Hammer,; Inc.-—Earnings—
9 Mos. End.

Net
'

Boston

Goldman,
cumul.

$8

the

per

Corp./Harriman Ripley & Co., Blyth & Co., Inc.,/
Sachs. & Co., Lee Higginsoit Corp., -Lehman Brothers'and

First

Go.,

share were made.

per

•

$1.75

•

•

and

Subject
<

Sept. 30—•

net

provision
excess,

to

ments.—-V.

profit™
for

„

1943
i/.

i.'

depreciation

and

profits tax/reduced

renegotiations'-of
158/p. 486.
*; "•

by

for
a

post-war

war-contracts
-

■

and

to

.

$1,097/270-

estimated

Federal

credit

income

of $222,348.

year-end1 adjust-

/

.

.-

'

■

-

"

■

i .'

.

.

/

Volume

Ink

Corp.

9 Mos. End. Sept. 30—

income

for

Prov.

42,195

61,657

.

$761,422

$1,465,257

'

204,091

170,032

—V.

158. p.

341,295

291,414

514,783

197,006

$322,258

$746,383

735,000

735,000

735,000

$0.23

$0.80

Sales

735,000

$0.36

$0.55

1132.

i

i

sales

5,201,549

from

$672,863
29,935

$4,677,284

$3,432,619

$1,095,898

105,295
$1,201,194

$3,580,519
752,628

687,988

127,433

152,664

186

649

576,087

545,184
■

„

Interest

and

11,729

'

Penn.

87,150

87,371

7,724

66,909

246,749

198,288

profits

&

/

$190,634

$243,957

$955,317

$1,023,191

$0.40

$0.52

$2.04

$2.18

share—

per

2,305,373

988,929

521,211

165,504

—

income

tEarnings

tOn 469,713 common shares

$1.20

share,

per

for the same

in

Assets—Cash

which

banks

Liabilities—3lA %

with

compares

$674,943

share

$1.44 per

or

Sept. 30, 1943

Sheet,

and

$2,040,214;

within

due

notes

hand,

on

one

U. S.

accounts
3lU%

$200,000;

year,

accrued accounts, $641,775;

promissory notes due Jan. 1, 1957, $2,292,000; reserve for contingencies,
stock

$21,473,316.—

total,

$17,605,204;

surplus,

and

1132.

p.

The

have

directors

the

dend

series)

1943.

and

have

dends

in

arrears,

cash,
the

for

at

option,

their

stock

".ommon

share

each

of record Nov. 16,
account of divi¬
In lieu of
for the aggregate of
on

of

receive

may

the

at

rate

stock.

preferred

of

121/1500ths

of

one

:

Distributions of $1.50 in cash, or 44/l,000ths of one share of common
were
made on the $6 preferred stock (optional stock dividend
on March 1, June 1 and Sept. 1, this year.—V. 158, p. 1637.

'
,.

stock,

series!

Georgia & Florida RR.—Weekly Earnings—
10 Days

Frank

J.

—V,

revenue.;

158,

be

to

of

Gilbert
has

it

1942

of

in

field
Mr.
in

will
Mr.

that

$1,485,969

the

Products

Co.

Atlantic,

York

and

to

Gersten

the

Control-

City. '

several

operate

in

a

from

'

•>

U, S.

and

1943
$7,656,243
229,002

4,379,992

profits

$2,360,346

$2,265,037

$8.39
0.65

$7.79
0.58

of preference stock
Amount earned per share of common stock—.
On

Sept,

realized
V.

1943, the company executed a contract with the Price
of the War Department wherein it was agreed,

29,

Board

renegotiation, that no excessive profits were
Department contracts during
1942.—

prioi'

War

on

158,

share

per

the basis of

upon

into butadiene.

a

trustee

a

of

(Mr.

been

and

sales

Total

Warren

the

Prov.

Diocesan

Fed.

29 announced

that

the

company

,Navy

several

years

estimated

slightly

in

net

earnings

corporation

of

for

the year

will

1943

of $216,000.

excess

will be

sold to the Goodrich and

companies for the manufacture of synthetic rubber,
'.

/;

blending

Gulf.

of

component

Drake

Mr.

unit

Thermofor

order

said

will

the

aviation

amount

sufficient

be

line.

to

The

The

unit

award

the

contracts

of

addition to
Chairman

Litchfield,

of

the

for

construction

Gadsden, Ala., plant

the
the

board,

announced

of

on Nov.
that the

a

be

used

by

Goodyear may carry its

country's mounting

supply of
have

additions

Plant

P. W.

company's

been

full share of the job of processing the
synthetic rubber."
held

to

a

minimum

in

the

Goodyear

Mr. Litchfield declared. The bulk of the program is devoted
and modern tire and processing equipment which is being or

program,
to

new

will

installed in

be

fabric

existing

buildings.

Needed additions

Jackson, Mich., tire plants and the
plant were the major exceptions to this rule.
and

Ala.,

den,

tire

to

crude

obtain an

To
A

that

out

pointing
natural

plant

which

had

at the

Gads--

Decatur,

Ala.,
•

'•

converted to the manufacture of
three-inch cannon and another tire plant which had been converted
to the production of 50-calibre machine gun bullets, are now being
re-converted to tire production.
The production of much non-tire military equipment is being moved
to
sub-contractors and newly leased space in several parts of the
country to make room for the return of tire production at the Akron
and Los Angeles plants, the announcement said.
Heavy emphasis is placed upon additional rubber milling equipment
in the Goodyear expansion prgoram.
Mr. Litchfield explained this by
One

synthetic

been

is

more difficult to mill than
about 20% more machine capacity

rubber

rubber and requires
equivalent tonnage of milled stock,

Port

Arthur early

in the year.—V.

Ilackensack Water

Co.

(&

9 Mos. Ended Sept. 30—
Gross operating revenue..-.
Gross non-operating revenue

produced

by

no

par

income.

Had

it

been

the

ending

year

Sept, 26,

1942.—•

to

production

Federal

double
as

taxes:

profits

Balance
-V.

available

158,

for

889.

p.

of

Sell.,

sales..

adv.

&

adm.

income

246,044

323,250

330,225

surtax..

78,000

Total

$605,793

of

bef.

$7,801,585

value,

payable Dec.




$5,221,087;

201,243

597,584

613,902

$490,366

$736,728

$666,073

3,212

15,808

28,682

$493,578

$752,536

$694,755

Prov.

income

for

(State

21,829

earnings

the common

15 to holders of record Nov.

15.

earned
158,

surplus,
and

cash

$18,365,066;
shares

38,958

1732.

p.

deposits

un¬

treasury

stock—at

Dr$ 1,577,475;

common)

•

102,575

for

the

law

tax

nine

282,000

for all charges,
for contingencies.
President, states:

>1940

$178,604

months

65%

were

72%

ago.

income

and

excess

,

reported,

to

use

of which

both

the

in

excess

for

were

parent

of

those billed

in

the

the War Services.

its

and

company

proportionate part of this post

a

in

shown

arising

1943.

the

in

in

out

have

the

will

be

stated

of

Canadian

available

for

bonds

on

the

June

since

purpose

1,

the

1943.

1,

increased

was

compared
year.
Total

and

giving effect to the

this

Dec.

refund,

war

after

debenture

retirement

on

the

date,

last

is

further

a

$50,000

of

sheet

retirement

contingencies
quarter

to

of

the

credit

of

for

third

year

balance

of

authorized

amount

months

223,000

the

Additional

directors

$513,089

143,000

1941

$301,861

provision

reserve

year

a

1942

$262,909

and taxes.

Greenwood,

previously

amount

52,262

$649,962

1943

($280,725

after

and

N.

credit

the

Federal-

Government

subject to refund by the United States and Canadian Governments
following termination of the War,
Company has, however, exercised
right under the debt retirement provisions of the excess profits

taxes

&

S.

is

129,405

$471,750

U.

its

plant

$105,841'

excess

(Includes

subsidiary are subject to excess profits taxes, and the amount of
$1,150,000 has been reserved to cover both United States and Canadian
tax obligations upon income for 1943 to date,
Of this amount $90,000

4,586,915

service

taxes

income and

$1,380,141.

advances,

all charges

period

As

$5,866,891

6,467,272

$141,350

inc.

of

contra),

$4,112,456;

Reserve
Profit

foreign

credit

miscellaneous

profits taxes,

same

2,207,774

35,509

$45,541

par

on

—

pension

emerg.

post

cost

(per

"After

1943—9 Mos.—1942

183,526

....

$2.54

Consolidated Balance Sheet, Sept. 30, 1943

$93,968,956.—V.

(Net

9,285

under

393,696

2,370,078

$3.01

Ileywood-Wakefield Co.—Earnings—

"$515,427

$132,065

income

393,696
2,370,078

$2.09

(Includes

9 Mos. End. Sept. 30—
"Net profit

83,025

...

.

393.696

2,106,736

$2.91

8,596
395,544

$2,899,384

exp.

393,696

1,975,065

(8,706. shares preferred

total,

$1,570,265

2,090,087

profit

$3,744,236

(estimated),

cost

$2,405,679

—_

$4,356,632

deducting

product,

Sales

Cost

$3,143,457

2,901,498

taxes I,

surplus,

248,220

1943—3 Mos.—1942

"17,942

$4,223,270

stock.

common

contract

taxes

Co.—^arn ings-^
.

20,655

share.

§After

Richard

Hamilton Watch

6,260,397

payable, $4,471,384; accrued accounts, $3,328,$2,503,730; preferred dividend, $131,232; Fed.
$21,816,670; U. S. Government cash deposits un¬
expended (per contra), $6,012,609; deferred credits, $100,247; reserves
(insurance including $216,553 estimated liability on claim.
$1,346.723;
pensions,
$4,266,056;
contingencies,
$2,380,000;
miscellaneous,
$146,053), $8,138,832; 6% cumulative preferred stock (par $100), $9,619,400; common stock (1,355,668 shares no par), $16,945,850;
capital
955;

i

Period End. Sept.30—
Sales

2,576,754j

622,694

Liabilities—Accounts

9,846

dividends.

275,290)

$6,012,609; post war U. S. tax credit (est.),
assets, $106,967;
fixed assets
(less reserve
for
depreciation of $30,427,184), $17,262,000; good will, $5,000,000;
deferred charges, $407,60?; total, $93,968,956.

1942

—

and

$6,663,676

234,375

depreciation and amortization of $3,232,918 in 1943, $3,628,308
$3,998,554 in
1941
and
$2,637,915 in
1940.
(On
1,316,710

expended

$3,195,887

:

.

(1940

3,417,102

Stock

com.

$3,092,083;

in

1943

Normal

(1941

hand and on deposit, $5,558,178; U. S. Government
(including U. S. Treasury tax notes applicable to
$31,662,046; accounts receivable (less reserve of $782,327), $11,898,381; materials, supplies, and work in process,
$7,748,003;

as

394,803

tax

1942,

Federal

its

soon

$3,315,866

(net!

income

Excess

England)

13,751,090

—.

com.

■,'»/:

Subs.)—Earnings-

——

and

1942

20,621

preferred stock

per

securities—at

1637.

———

Canada

(1,699,994

on

finished

158, p.

Inc.—Earnings—

subsidiary in Holland.

the

$1,650,066

Interest charges
Retirement

by

making

year,

with

the

debenture

amount

provision

$250,000

reserve

of

in

of

of

bonds

$75,000

$325,000

for

the

corresponding nine
contingencies now stands at

for

$725,000.
Net

income

War

$105,841

per

pfd.

Earns.

per

$328,750

$367,962

$290,089

share-

Earns,

$3.23

$9.95

$11.22

$8.78

renegotiation

share.

$0.15

$0.72

$0.57

$0.37

earnings

com.

for

income

taxes

(State

and

Note—No provision necessary for excess

Federal)

made

in

profits tax.—V. 158,

p.

of

Federal

tax

Hancock Oil Co. of California
Gross

1942

1943

1941

1940

$1,898,194

$1,682,779

$1,749,428

1,297,765

1,624,924

1,347,716

1,442,136

develop,

Depre.,

costs.

15,364

22,596

91,022

90,878

99,849

75,632

that connection

t$260,983

$150,826

$168,409

$202,244

materials,

raw

operating,

selling

administrative

p.

158,

Period End. Sept. 30—

Consol,

income

net
per

com.

all

$1,283,868;

"

$0.93

$0.90

interest

(and

1943—9 Mos.—1942

$2.47

provision

of

Net

$2.39

sales,

other

royalties

oper.

of

Prov.

for

Sell.,

gen.

depreciation..

&

adm,

exp.

operating profit

Years Ended-—

189,592

197,218

779,928

or

843,885

796,378

3,503,651

$3,262,465

...

sold

(net)..,

$2,194,058 $10,858,985
11,917
99,844

$9,139,701

$3,291,377

$2,205,975 $10,958,828

$9,184,535

Sept. 30—

44,834

55,250

55,250

833

10,580

26,016

4,915

of

law

29,176

suit.

227,500

2,561,220

profit..:

Total

Capital

Earnings

shares

"Including

1,536,725

8,269,010

6,671,140

outstdg.

$663,502

$2,367,312

$2,426,997

543,011

shares

per

543,011

2,172,045

2,172,045

434,409

434,409

434,409

434,409

$1.67

$1.53

$5.45

$5.59

purchased, maintenance and repairs, labor,
(Includes an additaxes and other operating costs,
tional amount in anticipation of the requirements under pending tax
materials

paid,

legislation.
Note—(1)

series

B,

Dec.

(est.),

1,

1946,

1st pfd.

1943

1942

1941

1940

$41,640

$31,332

$42,452

"$33,760

27,000

27,000

27,000

27,000

$14,640

$4,332

$15,452

$6,760

337,757

330,865

325,111

309,420

$352,397

$335,198

$340,563

' $3161180

surplus!'Dec. 31-

earned

Sept.
"After

30

Balance Sheet,

U.

(net)

and

Investments

abandonments.

Sept. 39
1943

1942

1941

$58,817

$58,975

264,489

-

264,489

272,614

advances

securities

on

—$55,377

<

Capital assets

'

surplus

——

providing $7,126 in 1940 for loss

12,500

12,500

12,500
30,958

438
386,663

1,041

3,799

1,607

2,221

$778,708

$760,970

$765,085

$900,000
2,530

------i-_

36,457

369,683

S. Treasury

$900,000
3,439

$900,000

obligations—.—--56,030

receivable

_—

16,408

:

Inventory

>

422

.

charges

:—

—-

—-

386,245

Liabilities—

Capital

stock

Accounts
Claims
Taxes

($1

par)

^

payable

against closed

banks

for

3,715

dividend

-—

531

Federal income

Reserve

for

Earned

surplus

tax—

—,—-—

Distribution to stockholders———

j

—V. 158, p. 578.

———

—

—-—-

3,045

—

accrued

Reserve

Total

Hartford-Empire royalty payments made and the share of

—-

—

Deferred

Total

$723,902

dividends

income

on

bonds—due

$725,000;

and

5,133

(Prov. for Fed. inc.taxes

(estimated)

taxes

payrolls

—

Earned surplus

Cash

6,255

Canadian

debenture

taxes,

„——

earnings

Accounts

charges..

accrued

(par

3,263,285

property retired

Settlement

Net

stock

Dividends paid

Marketable

income

Miscellaneous

Cash

and

registered

contingencies,

802,177

contingencies

on

■;

$14,196,376 $11,843,827 $53,508,617 $45,497,874
9,900,434
8,656,173
38,366,052
32,287,711

28,912

income

Total
and

9 Mos. End.

Balance,

Prov. for doubtful accts.
Loss

for

Assets—

Gross

Other

sold—

Federal

10-year

cumulative

Net

and

revenue..

goods

$477,326;

5%

reserve

$599,004;

Holly Development Co.—Earnings—

for

Sept. 25,*43 Sept. 26,'42 Sept. 25,'43 Sept. 26,'42

"Cost

payable,

stock,
$25), $3,487,000; common stock (par $25),
$1,500,000; surplus unclassified balance at Dec. 31, 1936, $1,145,137;
earned surplus,
$550,028; total, $10,176,563.—V. 158, p, 1732.

(& Subs.)—Earnings—
3 Mos. Ended

1943

$2,915,036

$640,312

Federal taxes in 1943 and $572,345 in 1942).
(Provision for taxes was
$1,859,425 in 1943 and $1,362,924 in 1942.—V. 158, pp. 1732, 1577.

Period—

Sept. 39,

than

$409,200;

"$1,113,477 "$1,080,307 ($2,998,805

share.

charges including

Sheet,

Treasury

of

Liabilities—Accounts

1637.

1943—3 Mos.—1942

less

commissions.

(Before allowing for dividends

$4,370.—V.

S.

(est.), $70,000;

ciation

ex¬

received

to

Balance

U.

,

and

penses, State, county and Federal taxes.

amounting

$528,759;

cost, $17,572; post war refund of excess profits taxes
property, plant and equipment (less reserve for depre¬
$2,707,880), $2,996,016; good will and patents, $1; deferred
charges, $88,608; total, $10,176,563.

83,728

income

"Including

Until

S.

—at

21,321

aband-

depl. &

operations.

company

results
has
been
completed,
necessity be subject to revision, and
would, of course, affect the company's

of

tax savings notes, $732,488;
Treasury %% certificates of indebtedness, $250*000; trade notes,
acceptances and accounts receivable (less reserves of $146,292), $2,018,678; inventories, $2,998,596; mortgage notes receivable, $410,428; in¬
vestments in affiliated companies—at cost, $65,418;
sundry investments

Earnings

$1,664,989

Intang.

Net

Sept. 30—

dominate

operating

must

Consolidated

U.

income.—

to

year's

quoted

obligations.

672.

oper. & gen. exp.

oper.

"Costs,

continues
the

figures

change in

any

first

production

Assets—Cash,

royalties

Pay Dividend of 50 Cents—

dividend of 50 cents per share has been declared on

stock,

for

§12,421,269

tax

on

profits.

the

was
done under high priority
ratings and
with the PAW, WPB and the Defense Plant Corp.

256,000

10,

$30,000,000 tire expansion program is now fully under way.
"Parts of this program are already completed," Mr. Litchfield said.
"That
which remains will be completed
with all possible speed so
that

for

213,344

tax

earnings

shares of

producing products needed for war com¬
pleted by Gulf Oil Corp. during the past several months.
It was pre¬
ceded by the opening of a toluene plant at Philadelphia on
July 2 and
by the completion of Houdry and alkylation high-octane gasoline plants
at

income

Assets—Cash

will

the refinery

into

tax.

profits
deductions

"After

Is the fourth

Ilazel Atlas Glass Co.

$30,000,000 in Tire Program—
foot

con¬

Firestone Rubber

construction

new

"After

Goodyear Tire & Rubber Co., Akron, Ohio—To Spend
With

in

account

$19,528,498 $21,168,718 $13,489,727
950,000

contingencies
stock

the announcement

material

permit

the Thermofor process

get

close cooperation

dividend of 50 cents per share

a

payable Nov. 10, to stockholders of record Nov. 5.—V. 156, p. 1774.

square

loss

and

excess

(Earn,

•

gasoline
this

of

to

goods

Divs.

possible and to conserve steel and manpower, the plant was completed
by adding catalytic cracking and regenerating equipment to thermal
cracking facilities heretofore used for producing motor grades of gaso¬

Earns,

declared

of directors has

board

The

deferred

as

1943

Divs.

produce

ago,

(M. A.) Ilanna Co.—Earnings—

Corp.—Estimated Earnings—

Good Humor

be

statement

1941.
and

L—i

for

Net

be turned over to the nearby Noches Butane
organized jointly by Gulf, Socony-Vacuum, Texas,
companies, where it will be further processed

This

Sept. 30—

of

cap.

Other

5%

The

treated

$2,426,996

income

Federal

oil

1637.

p.

the

year

profit

....

has

Conn.,

Finch.

will

Pure

9 Mos. End.

—____

—

.

1942
$6,858,313
213,285

1 5,066,895

——

domestic
income, excess
capital stock taxes...——

earned

Adjustment

E.

quarter.

Razor—Income Account—

—

income

Net

Amount

the

$91,940,775 $85,290,589 $58,940,341 $37,318,441
"Profit from operations
19,354,551
21.137,318
13,448,105
6,521,965
Other. income
173,947
31.40P
41,622
141,711

•

Frenkel, who founded the company

operations—

Depreciation
Foreign and

and also

been

sales-

from active business. The organization1
with the same personnel as heretofore with

9 Months Ended Sept. 30—
Profit

Net

as

in

head.

Safety

stores,

9 Mos. End.

of butadiene used in the manufacture
blending component of aviation grade

ingredient

plant,

"Provision

Gillette

Oct.

on

facilities

has

who

years

retiring

is

its

at

Gersten,

A.

past

the company outright. The com¬
houses in the wrapping paper distributing

succeeds W. Norman

v;ho

continue

and

development

its

since

basic

and

Amort,

has purchased

of the leading

New

Samuel

for

concern

capacity,

Gersten

1899,

this

151

!

Greenwich,

William

Co.

Steel

President,

Drake,

synthetic rubber,

Payment

announced

with

is one

of

services

late

the

p.

,

$1,684,718

$47,328

$54,475

__

Paper Co., Inc., N. Y.—New

been

managerial
pany

Point,

Field

succeed

to

Carpenter

plan—for past

associated

of

Warren

completed

butylenes,

Other

1858.

p.

be

(Including Subsidiaries in

put into operation a thermofor catalytic cracking plant at its
Port Arthur, Texas, refinery.
The new units, the second of this type

Gross

Jan. 1 to Oct. 31
1943
1942

End. Oct. 31

1943

Operating

from

the

for

in

1859.

holders

of $1.25

with the same payment and record dates.

dividend'

two

of $1.50
(optional stock divi¬

stock

to

1943,

dividend

a

quarterly dividend

regular

preferred

1,

Dec.

on

declared

also

the

convertible

payable

stockholders,

share

declared

cumulative

$6

operation

Net earnings

General Shareholdings Corp.—Div. in Cash or Stock—
on

will

Hercules Powder Co.,

present output of aviation grade fuel.

payable, trade and others, $542,167;

capital

K.

director

a

The

Govt, secur¬
ities,
$349,074:
accounts receivable,
less reserve,
$2,624,383; inven¬
tories, $3,020,143;
accrued interest receivable, $198; post-war refund
of excess profits taxes (est.), $5,000; miscellaneous investments, $17,814;
investment in Northwest Magnesite Co.
(4,000 shares common stock,
less reserve, $550,000; notes receivable and accrued interest, $668,601),
$1,218,601; deferred accounts, $311,947; repair parts, etc., $541,350;
patents, at cost, net of amortization, $543; real estate, buildings, ma¬
chinery, equipment, mineral lands, etc. (less reserve for depreciation
and depletion of $6,605,381), $11,344,049; total, $21,473,316.

158,

instead

158,

had

In

V.

taken

approximately $708,000, for the year ending Sept.
$430,000, for the year ending Sept. 26,

amounts

V.

Gulf Oil Corp.—-New Plant Opened—

(no par).

period of 1942.
Balance

$192,171;

adopted

been

approximately

$2,856,996

114,282,502

$5,935,509 $46,555,053 $42,699,273

company

said.

Notes—(1) Net income for the 9 months of this year totaled $563,736
or

a

gasoline.
The butylenes

income

exc.

24,026

.

___—

(est.)

Net

4,500

20,343

•

deductions

the

1943,

director

a

$4,890,026

191,777

and prop. taxes-

tax

which

not

(of

and

have been omitted

procedure

has

included, in the profit and loss account, the net profit would be
$3,075,311, instead of $2,367,311, for the year ending Sept, 25, 1943, and

Fed.

190,976

—_

taxes

received

the

credit

1943,

1942)

Investment Trust of the Diocese of New York.—V. 157, p. 2250.

212,742

147,906

$702,798

Profit
depl; <fc amortiz.

Fed.

post-wnr

-

Depr.,

Other

with
Credit

1943—1 Mos.—1942

Greenwich Gas Co.—New Director—

is

-

.—

Amortization

V,

15,111,378 125,400,841

had in
year earlier.—V. 158, p. 1473.

October,

Edward

19,983,542

22,014,458

5,668,186

various

sources

Corp.

(2)

1943—10 Mos.- -1942

1943—Month—1942

exp.

income———

,

formity

p.

Green Co., Inc.—October Sales Off 0.3%—

against 152

1943—Year—1942
$6,764,084 $25,447,077 $24,660,826

profit bef. oth.

inc.

income not

net

15,

$

$5,917,019

In

-elected

Other

last.

158,

;X-"r

14,810,329

(II. L.)

\

•

$5,874,412

and

operations

Gross

June

1943—3 Mos.—1942

—

of

15,

and

each.—V,

1637.

158, p.

Period End. Oct. 31—

General Refractories Co.—Earnings—
Period End. Sept. 30—

Of

Sept.

16

cents

1937

.

$559,720

Sales

Cost

25

:

-

and

March

15,

$

outstdg.-

Net sales

Dec.

1943—Month—1942

Pcriod End. Oct, 31—

taxes

share——

per

.

follows:

as

15 and

15

(W. T.) Grant & Co.- -October Sales Off 2%—

$926,758

147,750

profit)

exc.

stk.

com.

Earnings

were

and Sept.

1732.

—V.

Slis.

1942

March 15, June

on

.

25,

$418,914

&

inorm.

during

each;

cents

made

were

42,773

-

138,728

——

Federal

37Vs

$883,984

$898,937

-—.

deductions

Disbursements

1940

1941

$1,403,599

45,221

income

Gross
Other

1942

$719,227

—

Similar payments

(& Sub.) —Earnings—

1943

$853,715

Operating profit
Other

THE COMMERCIAL & FINANCIAL CHRONICLE

Number 4229

158

8,832

9,632

9,000

9,000

9,000

15,278

8,044

352,397
Dr503,542

335,198

340,563

Dr503,542

Dr503,542

$778,708

$760,970

$765,085

5,717

1938

THE COMMERCIAL & FINANCIAL CHRONICLE

Ileyden Chemical Corp.—Dividend No. 3—
dividend

A

(No.

31

20

of

cents per

declared

share has been

the

on

stock, par S2.50, payable Dec. 1 to holders of record Nov. 19.
Similar distributions were made on June 1 and Sept. 1, last.—V. lo8,
common

••

'

'•■■■

.

;.r•■'".'•A'-

Honolulu Rapid Transit Co.,
Period End. Aug. 31—
Gross

19^3—8 Mos— 1942

$379,228

$3,571,946

195,172

1,991,144

:

$2,465,224

286,086

Four main

1,301,399

expenses!-....

companies

Net

from

rev.

$149,956

$184,057

$1,580,802

Total

2,039

6,010

10,404

$149,944

revenue...—

Deductions,

taxes,

$186,096
•

174,590

1,430,520

ration

—V.

revenue..

$17,352

158, p. 1732.

v

$160,386

does

release

direct

from

business

"

Houston Oil Co. of Texas—Earnings—
1943—3 Mosi—1942 N" 1943—9 Mos.—1942

earns, from opcrs.

$2,318,090
v

SI,751,042

-

with

gen.
exps., incl,
taxes (other than Fed.

income)
Inc.

848,678

3,222,501

$902,364

$3,369,488

$3,007,955

issued

sales

$1,205,248

$920,298

$3,428,095

92,243

268,030

sales

283,641

6,275

6,651

19,327

.taxes.

Deprec. & depletion
Prop. retired & abnnd.

397,205

402,006

1,189,439

1,201,959

68 182

89,123

150,912

194;552

Fed.

106,630

100.900

432,137

449,200

$539,918

$229,375

$1,368,252

This

$906,533

income

taxes,

est.

profit2^...,...l.„.„..

Net

ciation and depletion,

the

income

of

$4,467,007; interest

debt

discount

and

on bonds

taxes

(estimated),

proposal.

Total

$663,928;

net

profit,

$1,611,035.—V.

Oil

Illinois

Central

U.

158,

for
S.

RR.—Liquidates

Period End. Sept. 30—

Railway oper. revenues
Railway oper. expenses
.Railway tax accruals...
Equip. & Joint lac. rents
Net

$1,406,613

Net

10, months

of

contracts

to

$280,000

on

Oct.

in

Sept.. 30

for eleven

sales

net

ry,

55,789

157,592

9,119,211
1.313,604

93,675

1,035,325

$94,460

$176,639

$1,057,649

$1,128,861

5,372

3,102

54,950

Total

38,267

$99,832

$179,741

$1,112.599

$1,167,103

3,174

income

3,124

27,637

27,784

3(o,454

376,309

$134,886

$706,508

$763,035

euuree.L_-

iuect

W.

months

of

income

4i,«»*i6

157, p.

February

and

bonds and

notes

273,925

285,013

821,787

Depreciation & deplet,_.L

2,520 554

2,006,553

6,911,203

for

other

adjustments..!..'
Fed.

for

income
for

profits

Fed.

1,513.000

1,482,000

5,865,780

same

purpose

■

on

$100,

3,236,000

4,720.000

11.047,000

$2,642,409

$8,738,431

$8,079,890

i941
$2i899,7f>2

$2,170.7^3

142,813

167,472

196,524

260,476

1-622,400

235,788

A''

$1.80

$1.62

$5.35

$4.95

find other

credit

war
.

?

652,959

448,700

375,051
"

pense and all charges for repairs and maintenance.
A statement
following the report has the following:
This

quarterly report shows that

being maintained at
during the preceding
both

to

materials

of

purchases,

158,

earnings of

"

O

y

..

the

(21

the

Nov.

on

traffic

Dec.

and

quarters

fibre,

has

.■>

'

S3,(too,800 Bonds Purchased

Oct.

the

holders

to

taken

was

of

at

1943.—V.

year

158,

convert ble

;

preferred

•

to

;

its excess profits

•the

post-war

tax

for

the

current

year

The

substantial

a

amount

the

company

.

report

for

1942,

attention

called

to

the

fact

that

the

income

the

/us to the
blast

annual

report for

to

furnaces

and

coke

1942,

for

the

time

ovens

and

information

was

Defense

Plant

submitted

The

directors

the

of two new

and

1,

last.

have

Other

furnace will go into operation

tion

158,

p.

2, June

1

proposal

national
sified

to

electronics

Detrola

of

one

tax

the

its

two

will

not

certificates
of

Canada,

Under

the

merge

into

year-end of $1.50,

Corp.,

field of post-war
boards of. directors in

as

this

a

letters

was

to

the

Detrola

under




announced

cents each;

and

cents

1

payments

Dec.

15,

50

share

per

to

holders

March

on

10.

were

alternative

A;

cents.--Vr 158

oi

or

of

present

to

all

taxation

investors

has

to

remove

advocated

'by

the

called

to

the

of

of

1st

towns

in

in

Kansas

served

is

gas

Kansas
and

in

at

and
32

wholesale

to

38

approximately

in

There

The
are

Nebraska

at

gas

Nebraska.

145,000.

in

towns

distributes natural

towns

intangibles of $1,895,447.

mtge.

Series
-Series

.these

$5

the
:

.

sinking

A,

due

—

'

Income

Account

1943— 3 Mos.-—1942-

.V

.

about

26,000

cumul.

4'und

.bonds,

4^

Authorized

2

stock

(no

Outstanding

$2,694,000

10-1-57.-,1,000,000

pref.

stock

A

par)„„„„^—

$2,694,000
532,000

-

20,000 shs.

($5

'

350,000 shs.-

*

12,500 shs.

234,546 shs.

Purpose —Rttir-e company's outstanding 9,824 sliares. of $6
cumulative
preferred stock at $105 per share called for
redemption Sept, 17, 1943,/
Balance, added to the
company's working capital.
t.^

,<.

Underwriting—The

spective

name of each
principal underwriter, and the
severally underwritten, are as follows:
'
-

amounts

"■

_

First

1943-.9 Mos.—1942

.

Harold
The

system..—..

817,362

731,742

Contingencies, insurance
and other purposes—

168,434

11,020

re¬

Profit

based

income

profit
surplus1

Previous

the

Corp.,

name

of

on

stockholders. ""

Nov. 8

a

radio
Inter¬

carried

$15,150,068 $39,561,870 $44,779,9 42

two

1,500

...J

625

1941
1

operating

5,017,716

6,781,558 " 16,356,419

20,402,818'

revs.„_

$7,049,994

surplus

81,835,846

$8,368,510 $23, 205,451

$24,377,124

Net

79,013,916

Prov.

$88,885,640 $87,845,9218104, 430,959$103,391,040

Total

79,477,411

81, 225,508

dividends..^—

483,475

483,475

dividends*..-—

7,289.084

1.289.084

1 450,425

1,450,425

21, 867.253

21,867,253

'

Special
Fed.

income_^„_

—

$81,113,281 $80,073,362 $81, 113,281 $80,073,362

'Exeft. adjustmt. in- con¬
solidation in suspense Br2,461,542

charges

find

i

Balance surplus.
per

com.

42,764

11,441

55,700

72,009

13,257

$321,751

$715,456

$819,211

$136,156

99,553
72,255

231,147

294.282

50,235

115,220

154,450

23,434)

105,905

14,005

;.

2,461,542.

Fed.

2, 461,542

2,461,542

State

income

38,518

$78,651,739 $77,611,820
share

$0.45

$0,54

$78', 651,739 $77,611,820
'

88,839

excess-profits tax_

Net

4

$1;*49

.

"

$1.57

income

.Common

—V.

Vx

50,282

36,800

'

Preferred

Earned

109,802

28,779

depreciation
deductions-!

taxes

surplus

$270,658

745,568

in¬

amortization

int.-

$111,420

dividends..^
divs.

May 31/43

64/7,884

32,005

than

taxes,

oper.
for

2 Mos. End.

$1,679,553

8,889

'

other

1943

$1,447,819

201,335

Total' operation

Taxes,

1942

$563,980

to

surplus

Earned

625

Inc.

Maintenance

diver¬

by -the

1,875

&

Statement of Income Account

and

Total

2,250

&

Trust.

'53,649

916,380

oft

k,-

'

5,625

-Years Ended March 31—

before taxes.—' $12,067,710
taxes

Wood

Bigelow-Webb,

Total
Prov. tor

Lincoln, Nebraska-.

.

Shares

2,181,926

'

E.

United

9,812,843

2,427,967->

of

Rauscher, Pierce

$16,213,888 $19,195,914 $52,466,414 $56,828,360
9,560,197.,

Trust Co.

Beeerolt. Cole &

profit$15,997,534 $18,962,640 $51,834,646 $56,070,052
ilTALX- 216,354
233.274
631,768
" 758,308

amortiza¬
and depletion..—

in

retail

combined

(Giving Effect to Present Financing)r

4-1-57

due

B,

>Common

company

offer

four

Capitalization

Washington, Mr.. Stanley stated.
was

to

tion

reciprocally from both United

been

shareholders

-

wholesale and retail distribution in the Stales of Kan¬
Company also sells and rents gas appliances.

The

•

convention

and

property and plant account of the company as of May 31,
1943,
stands "at
$7,342,215, including $87,582 of intangibles, against Which it
has accrued on
its books reserves for depreciation and for
amortiza¬

,

cer-

shares,

interpretation the succession
other of the company's'.shares

international

„.

Company purchases its supply of natural gas from the Hugoton NatGas Field in,Southwestern
Kansas, from the Otis'Natural Gas
Rush County, Kansas, and from the connected
pipe line system
of The Kansas .Power and
Light c|o., and transports such natural gas
so
purchased through its pipe line system to the various communities
served by it.
^
'

*

an

the

7

the

These

stock

-where

-

Field in

shareholder

where

York,

New

-

ural

,

succession

exemptions;

cases

3,303,084

.

of

June
made:

attached to the company's
pipe line system, of which approxi¬
mately 17,000 arc served at wholesale and 9,000 at retail.
Company
furnishes natural gas i'or
heating, power and' cooking to large State
institutions near Norton, Kan., and near
Kearney, Grand Island and
Hastings, Neb., as well as to various industries along its lines.

income..

Nei

step in launching the latter into

industry

following

25

Dec.

Nebraska".

towns

come

Corp.—Proposed Merger—

company

manufacturer,

the

of

payable
disbursed

was

meters

usually known as .'-street ..certificates"
the location of which need'not be in

applicable
of

Canadian

attention

Preferred

equipment

25

1942,

dividend

a

value,

the

population

no-par

applicable upon

shares' it; the

apply iii

located in State

the

that

company

of

3,160.382

.

673.

International Machine Tool

21

A

would hot. be

authorities both at Ottawa and

Common

A

holder

multiple inheritance

Retirement

It is announced that on Oct,
30, 1943, this company
completed 50
years of service, having been founded on Oct.
30, 1893.
During its
first year of operation the
company rolled 5,600 tons of steel, and
just before World War II production had climbed to
3,300,000 tons

find

14,584,025

of

and

and

Depreciation,

some

Completes 50 Years of Service—

annually.—V.

the

on

the

taxes)

Total income

a

a

In

15,

par

amount

Company supplies natural

Canada,

stock,

Sept. 1, $1 each; and Dec. 1,

June

transmission

'

.

Dividend—declared

and

last.

•

company, is located in Phillipsburg, Kan.
Company is an operating public utility company
engaged in the purchase,? primarily, of natural gas in the State of
Kansas, and in its

'

Ltd.—Quarterly
hnd subsidiaries for
194-3, issued by Robert
President, shows a:net profit

informed

that

considered

and

Operating

Corp,'.Notwith¬

year-end dividend of $1.50 per share
payable Dec. 1 to holders of record Nov. 12.
of 81
per share were made on March 3, June 1
and
Payments during 1942 were as follows: March

capital

Distributions

Sept.

blast

of

estate

Period Ended Sept. 30

during the month of November,

$1.50 Year-End
on

one

8,

or

amount

:

standing delays beyond company's control, this work has now
progressed
to the point where half ol the
coke ovens ere now
producing coke. The

balance of the

contingencies is the estimated
under the existing laws

declared

no

like

profit

any

payable

1134.

office

A 1943—aMos,—1942

the United-States.

The

A

include

Intcrtype, Ltd.. British

or thereafter.
Liquidating value $100 per share plus divs. TransAgent: First Trust Co. of Lincoln, Neb.
■.
j
Company and Business—Was incorp. in Kansas, May
18, 1927, under
(he name of The Kansas
Pipe Line 6c Gas Co, By amendment to char¬
ter, filed April 9, 1941, name was changed as above.
The principal

company

share

a

Consolidated

being made in the construction

ovens

the

by

outside

State,

Furnace

the year

progress which was

Co.

States

or

consummation

.

Oct.

16

stock,

19.

to

1'er

.

tax

company's New York transfer agency, the Bankers Trust. Co., to .hold
in safekeeping at a nominal
charge .stock certificates of the company,
if requested by the shareholder's local bank.
M'.''•>-h -

19-12, it has been found that no excessive profits have
been realized by the
company during its fiscal, year ended Dec.
1, 1942.

In

are

in

common

9

not

%--r

and

taxes

Nov.

on

docs

advance

1946

r: ./'• V-v.-

stock outstanding. *

physically

York

Suites

of

Blast

$1,49

under

provide

located

burdens of

conferring with Government agencies in respect to a
possible liability under the Renegotiation Act.
As a result of such renegotiation, pursuant to Section 403 of the Sixth
Supplemental National
Defense Appropriation
Act, 1942, as amended by Section 801 of the

New

qualify

duties

was

Revenue Act

Nickel

United

represented

The

was

any

are

held

taxes

State

and

per share plus accrued divs. before
July 1, 1944. /Call
price -gradually reduced to. $105 per share plus accrued divs.
if called in

>

$3,978,035 $29,644,016 $26,554,719
-

laws" have

(inheritance
of

New

of

credit.

fo

and

result¬

Renegotiation
In

Ontario

iiiicates are

oil S3.0CO.OOO

statement
in

.

estimated

..

1943 —Month—1942

common

death

apply against

205.000

Callable at $107

stock,

- This action,
meeting ,than usual
prior to .Dec. i5.s whne

earlier

1859.,

1473.

]).

exemptions

The directors authorized the
purchase as of Oct. 1, 1943;
first mortgage
sinking fund 3d bonds due in 1961 at 106.
ing reduction of the company's funded debt enables it

541.000

55,000

E. Wood & Co., St. Paul,
Minn.; Beecrol't, Cole & Co., Topeka, Kan.;
Rauscher,
Pierce & Co., Dallas,
Texas; The United Trust Co., Abi¬
lene, Kan., and Bigelow-Webb, Inc.,
Minneapolis, .Minn,

of

fecor'd .Nov/ 23.'.
an

p.

$3,836,049

should

473,500

90,000

$996,253

Lincoln, Nebraska; Harold

V

regular quarterly'..dividend

cumulative

payment of "the dividend
file the'-r final declaration pf

duties

1.

191.000

25,000

47,028

-

Natural
Gas
Co., Inc.—Preferred
Stock Offered—An issue of
12,500 shares of $5 cumula¬
tive preferred stock
(no par) was recently offered at
$105 per share and dividend
by the First Trust Co. of

"

permit

calendar

158,

and

capacity production is being continued and it is-hoped that, the
of our operations
during the fourth quarter of this year will
compare favorably with the three previous
quarters.
results

for

and

Nov.

and

Feb.

been

Stanley is forwarding a letter to-United States' .shareholders
advising that the directors of Succession Duties under the Dominion

Full

;

244.000

conting.

directors'

the

15

Mr.

labor.

42,208
$754,944

Corp.—New Of¬ A A Kansas-Nebraska

Chemical

&

declared

5'i

7

explained,

quirements,

approximating the levels realized
of the year, despite, increased costs due

12,572
$373,524

f o r i taxes-: .L

Provision

record

p.

.

9

the

on

must

shares of

are

1-5,092

$351,150

„„

Dividend of 25 Cents—

_on

$23,205,451 after all charges, depreciation, amortiza¬
tion, taxes, etc., equivalent after preferred dividend re¬

-

,

■

Federal

The

of

';r^yA'A

company

$949,225

The foregoing
relat'mg to investment
subsidiary.
c,':';*;1.

r'

890.

p.

1733.

p.

International

closely

rates

and

the

$712,736

Notes—(It

of

7

the nine months ended Sept. 30,
C. Stanley, Chairman and

adjustments, and has also been adjusted in respect to post¬
against excess profits tax.
+ Deducting administration ex-

559.214

$360,952

$1,50.1,439

per com. ,sliare_ "
$0.37
$0.42
A;. , $1.02
$1.13
"After provis on for
dcprec'at'on of $31,985 ($29,749 ■ in. 1942) for
'■three months and
895,976 ($85,924 hi 1942) for nine months.
A

■

'

Report—The report of the

ending Sept. 30, 1942,' as previously
reported, for proper comparison, has been adjusted to provide for
pro¬
portion of $2,000,000 charged to income at the end of 1942 for
post-war

406,903

< netr.._'..

income

for

1943—9 Mos.—1942

$1,179,639

162,770

.

Earns,

.

sas

■"income account for nine months

''iA 292,240,019 294,345,681

1940.

Manning, Director of Research, has been elected a
R. Bishop, as Vice-President in
charge of the
division, and Ralph W. Shafor, as Division Production

payable

order'to

—V.

'

$336,058

AA

Reserve

;

Interstate Department Stores; Inc.-r— October Sales-

13,638,000

$2,930,777

earnings A-Earnings per share..

6,723,908

$523,722

in

James

Sales

Net

'

■

$499,998

income

Total

$2,218,636'

863.325

period End. Oct. 31—

4,463,000

6,723,908

...

,163.940

admin, exp.

Profit

Other

D.

share

company

1.500,000

4,423,000

excess

tax...

1942

1

director

directors
per

par

for

18,150,275
11,657,368

1943—3 Mos.-r-1942

profits

loss

President.—V.

V.

individuals

965,313

AAr-:'

.

normal

Ac AA

tax

the.

to-..vote

!

X;:*

:;

:V 'L.'

-

1859.

p.

Sell, & gen.

A,

and

post-war

Elkhart

International Paper Co.—Preferred Dividend—

in

17,310,650
12,388,400

'

Intcrtype Corp.—Earnings-"Gross

...

the

1943—9 Mos.—*1042

$10,474,256 $11,135,974 $31,941,421 $34,511,983

483,474

■

■

f

Manager.—V. 158.

;

on

for

,

.'fy....J—-A:

158,

Period End. Sept. 30—r

in:

$1,105,000

■

(& Subs.)—Income Account—
1943—3 Mos,—1942

Toiel

•—V.

1943,
without

«

Products

$1.25

483,475

..

depl._iL-

Vice

Paul

The

income™---

to

approxi-

were

29,900

without

Vice-President;

t

Period End. Sept. 30—

meet

153,295

,

International Minerals

1573.

Inland Steel Co.

1943

etc.

ficials—.
Dr.

$55,012

_

will

<239,500

Worth,

a
,

Amino

22,042,785

/

projierty expenditures in Finland

reserves

7.522.8(H)

19,601,105

.

insurance

and

60,766,771

8,079,646

ending Sept. 30,

$18,035,000

2458.

p.

deprec. &
-——A-

for

E.

;

27,627,825

60,766,771

1
60,606,500
60,606,500
surplus
1.:. J
■
;
81,113,281
81,225,508
Exchange adjustui. in consolidation in suspense Dt'2,
461,542 Br2.461,542

-Were

p. 890.

elected

..

Reserve for

$1,294,534
$1,162,383 - $1,661,190
$1,363,400
share..—SI.10
$0.98 " '
$1.41''--:; ,.t'$1.15
1,181,967 shares of capital stock,
t Includes $167,000 for U. S.
profits tax. ^Includes Arizona income tax.2--V-. 158,

1,613,477

■

Net;

based

Earned

;
.

International Harvester Co.—New Vice-President—

961,177

Miscellaneous deductions

155,

i,

for

deduct,

8.114,891

.

294,345,681

Capital surplus

:

9 Mos.—1942

110,327

income

oper.

stockholders

$2,580,554

income,

excess

1943

893,458

31

Net

Sept. 30--

taxes,

252,565
,600,000

292,240,019

....^

Contingent,

-

"Earns.-jier

$1,321,364 $12,525,789 $11,818,406

1,146,037.

income

Prov.

range

monthly

With

exp._^.....k

stock....

on income..A
/ ,1:.
dividend payable Nov. 1.
Retirement system reserve..——

■

1

Prov,

a

27.—V.

293,155
600,000

,

Preferred

Debt—

RR.—Earnings—

1943—Month—-1942

stock.

~

,

/
test.)
Prov si on

"

RFC

Tit xcs

exchange

valuer common--

par

A;

27,627,825

-

taxes, est.

< 14,584,025 nonpar shares) '—A
payable and pay-rolls—

Accounts

International

•

contingencies-

inc.

-"On

Prov.

the

income

■Res.

it was recently reported, has paid the RFC $15,000,000,
liquidating its indebtedness to the RFC,—V. 158, p. 1859.
,

Indiana Harbor Belt

Int.

Corp." for
Unfilled

:

Detrola

Nov,

/' Int, and bond

The company,

tNet

shares of $1

9/832,954'

29,181,886
23,204,405

.

included

compares

obsolescence

—V.

490,000

oj )erations i -A - A: •. p .u)A-:

portion of excess profits

..preferred

Pro vi si on

and notes, $360,891;

,

'

of

4,755,687'

38,640,272

Common stock

Inspiration Consolidated Copper
Co.—Earnings

expense,

134.3.

i

of

$22,239,000.

9 Mos. End.

$25,852; depreciation and
(depletion, $1,573,574; property retired and abandoned, .$231,724; Federal

Total

effect, the

share

17,404,172
■

tax

—

the

29>in

Detroit

Earnings for 12 months ended Sept. 30, 1943: Gross earnings from
operations, $8,515,341; Operating, gnd general expenses, including taxes
income' taxes), $4,117,371; income from operations,
S4,397,970; other income, $69,037; amount available for interest, depre¬

Other

to

one

When

:

UabilitiesTr

additional

an.

39,188,450

15,761,808

Total

.;'XA-A;'vAA'Y-v'A

Mother than Federal

: amortiaztion

Refundable

profits for the fiscal year ended
Oct.-31, 1942, -alter a tentative
refund in renegotiation of
-$3,550,000 and a net provision-of- $2,904,000
"for income and excess profits taxes.
.■
International stockholders will meet Nov.

20,451

thus

order

receive

Detrola.

International

to

will

in

.of

•

628,059

42,222,641

v

„

21,577,001

Cha rges to f u ti t ro.

"

.

,r..

receivable--— w'_;_Ai.:AAk2'-

Cash
■

profits for,Ahe.-saihe'.peilod
effect
of
possible price adjustments- on Government- contracts were
82,065,000 after reserving $5,237,000 for income and excess,
profits

discount

expense.

v

J

150,460,253 155,912,400
17,308,296. ,18v140.790
620,906

——

notes

■

merger is'completed
outstanding capital'stock of the surviving co'rpo-

and

October.

of

of

international

net

and

p.

shares

Detrola

and

Net

$3,056,335

87,037

...

of

in

'amounted

notes.

&

10th

$8,190,000

48,380

int.,
depl.

and

debt

ol'

58,607

space.

military automotive units.- A-

stock

common

stockholders who

18

$1,640,000

for

bonds

Amort,

17,934

its

mately $21,000,000.

.

22,858

of

ration will consist

2.673,646

$1,182,390

shares

each

Net

on

and

;Gpvernineht-;securities... .f: ,2AkA.A-LlLL::
Canadian Treasury bills, British and U; 6.
notes,'' etc.;

plants in Elkhart and Indianapolis,
than1,350 persons. :?•:There'< also is ' a

calls for, the issuance by

merger

the entire

'

i

,,

1,135,700

avail,

on

v->

operations.

deprec.
Int.

for

,

income

Anvt.

.

g

.

,

..........

Irom

Other

'

,.

Accounts

radios.;

feet''of floor

275,000 square

'
•

■

k'_—

—-k

Inventories

field.
Production
ol'
machine; toof.sugenerally
has
peak reached in 1942 in tooling the nation's industry

a

Detrola

*

$5,681,602

$6,591,989

-'..Iv':,

Oper.

Miscellaneous1 securities

■

152,000

•

Sept. 30—

automobile

A";.

■Sept."30,'-'43 'Dee; 3Lr ,*43"

Securities held

of machine tools will continue to. be a major
companies, and .the organization expects' after
obligations to resume its -domestic and - export

this

from

war.

The

(Including Houston Pipe Line Co.)
Period End.

and

Sheet

Property, less depreciation and amortization
against, retirement, system res.

"•'/ /')

production.y-'Detrolaks

tool

more

production

wartime

in

declined
for

Gross

some

machine

employ

•'A Resign and building

1,013,843

$156,293

has

which

project of the merged
Net

invwar

welding division at South Bend, Ind./ AAA
AAA A &
Products of International include
"heavy' duty and'full- .automatic
turret lathes and
superfinisbing machines, and in addition the corpo¬

$1,174,229

$11,506

132,592

etc.

$1,586,813

deeply

commercial

$1,163,825

Br 12

transp.

levenue..

engaged

buildings comprise

International

Indiana,
Otuer

are

changers,

$436,042

earnings

Operating

Both

Balance

15, : 1943

$

modern plant, in Detroit
employs some 1,250 persons'in making military
radio and other service items
exclusively, .; Pre-war products, included
portable and home radios,
record

Lid.—Earnings-

1943—-Month—1942

Consolidated
Assets

C.'Russell Feldmann, President of both
concerns, ..as principal,objectives
of the statutory
merger.
•

1473.

J).

Monday, November

Strengthening of International's bid for post-war activity and the
onlistmeht of its larger
capital for Detrolit's/pcaeeliitie' program of
making quality precision radio and ,other equipment'; were listed .by

fcash)__

158, p. 1279.

6,490

72,024

$229,968
.

9,300

$227,773

$39,181

57,763

59,933.

68,842

87,418

9.824
■

58,637

•

Volume

158

Number

THE COMMERCIAL & FINANCIAL CHRONICLE

4229

I

Kentucky Rock Asphalt Co.—Bonds Called-—
have been

There

called

be

will

Sts.,

made

The

at

Louisville,

Louisville

Ky.~~V.

158,

Trust

trustee, ""5th

Co.,

and

Sales2—:^
In

Market

1279.

p.

the

1943,

October,

$5,748,668

1

$51,452,620 $46,500,809
201 stores, as compared

operated

158,

of

the

first

Jerome:

Maek Trucks, Inc.

Kentucky Rock Salt Co.—Correction—
The

item

under this heading in last week's "Chronicle"
given under "Kentucky Rock Asphalt. Co.- -See V. 158,

Profit

y,\' *\'y,V

*

v!^i

*

■/

-

1 >''\ \

* v

J

•

*'J v

v

.

(S» S.) Kresge Co.—October Sales Off 0.2%—
Period End. Oct, 31—

J

1943—10 Mos.'—1942 ;

1943—Month—1942=•

...

18,372,422
the

Of

/

in

were

723 -stores
the

in

and 62 Canadian stores

and

18.400,499.157,576,397 150,518,249

at' the

operation

States

United

in

62

close; of

1943,

October,

a

Earnings
-

661

3.655.000

8,725.000

375,000

375,000

625,000

$836,577

$539,658

$2,033,579

$1 .812,462

597.335

597.335

597,335

$1.40

profit.

$0.90

S3.40

125.000

.

-

'

%

Shares, of com,- srk.

."

ishkre

per-

Not0-^1942. figures :grc

contract's.—V.

American"

against 671
year earlier.—V. 158, p. 1859.
Canada,

:N.et

.

'

Sales

2,910.000
:

eohting—

Rasevio. for

158,

9

,735.000

\

' 1943—Month—1942

Period End; Oct. 31—

Sales

,/

$336,444.

—V.

158, p. 1533.

before giving effect to renegotiations of

diudend

war

stock,

p. ' 1859.

Period End. Sept. 30—

Net

prof.

taxes

.

746,371

606.420

533.988

1,715,159

1.314.50(5

$0.81

$0.72

$2.29

$1.76

shares of capital stock outstanding.—V.

158,

the

Period End. Oct. 31—
—V.

.i.—_

158,

1533.

p.

1943-Moidh—1942

j. j.'. $2,736,601

1943—10MOS—1942

.

$2,516,574 $23,990,037 $19,099,542

Sales

—

Up 3.7%—^

1943—Month—1942

.

$6,354,141

.

V.' 158,

—

:v

(totaling $399, payable over
amount of these debentures.
This

Net

basis

mentioned

is

sufficient

amount

$3,500,000,
outstanding.

Lincoln

Ward.- Sterne,' Agee and Leach,

'

now

Life

Insurance

holders

Nov.

for

26

the company

of

Oct.

on

19

voted

vote on

to

a

from $2,500,000

stock dividend of $1,000,000.—V.

of

with; all-unmatured

Wayne,

special meeting

a

proposal to* increase
to

Fort

$3,500,000

by

157, p. 554.

next

of stock¬

Nov!

-

acting

Net

■

Calvert,

9 Mos. End.

Sept, 30—

Earns,

per

♦After

1943

4

income

$0.86

$0.36

share.

com

*IncI.

•

—V.

charges and provision
V. 158, p. 487.

-

taxes

for

$99,701

The

$77,973
$1.08

(1943

taxes

amount

distinction

as

the

among

of
21

to

and

■' Net .'income

$2,518,901

$2,173,726

1,423,856

1,518,525

share

per

on

435,090

/—I

•

com.

shrs—

$1,095,045

—

•

Two

important

different

$2.52

....

in

$1.51

Kansas

the latest

are

thick

a

'TV/ /'

section

of

Prov.

•" :

Simpson

Sand

in

the

Chitwood

I^ansas City (Lapsing ( and the Viola Limes also

acreage in

being

the

Knsas

discoveries,

this

company

has

found

issues.

from
ry.

T

old
to

the success of the expanded
"that

1943

reserves, of

crude

in

are

for

the

of

extension

existing

pools.

oil."—V.

crude

158,

p.

1279,

to

Cost

$443,875,

The
cents
-

&

dividend
Dec.

made

were

of

20

follows:

as

to

March

on

cents

35

holders

20,

June

March

turing and shipping,
Selling & adminis. exp,

.

1943

State

the
of

4,429.608

1,482,231

100,868

93,317

84.810

68,930

70.342

158,

p.

—V.

%
5,654,406
758,090

13,918,930
2,064,402

28,872

31,873

32,009

14,027

'

$2,221,909

$3,997,071

$7,080,463

$9,881,298

92,460

90,098

273,891

279,908

$4,087,169

995,421

2,274,538

3,212,078

548,544

1,617,551

178,674

364.336

515,877

992,203

$398,411

$7,354,354 $10,161,206

$636,960
948,597

$899,751

$2,008,848

of

amount

based

on

an

$2,534,729

948,597

948.597

1943, $357,000

in

taxes.—V.

has

$0.95

$2.12

S.

per

1

and

estimate, made

at

income

existing

and

rates.

$4,445,000 for the similar period of 1942—V.

excess

3

declared

usual

and

1942

158,

p.

This

compares
hi

v.

profit

$137,000 in

Louisville & Nashville

interest

.

has

been

been

on

9 Mos. End.

•Net
Earn,

income
per

Sept. 30—
—i—

capital

.

all

charges,

$1,022,137

1942

1941

$756,016

$849,318

shares

stock

0After

1943
——

600,000

Earnings

$1.74

$1.27

,

$1.41

including provision for Federal income and
excess profits
taxes (and after a reserve for post-war contingencies
Of $200,000 ill 1943).—V. 158, p. 1349.
'
.

-




on

On Opevs.—.

common

Nov.

1, last.—V.

stock,

25

par

cents,

20.

2.510,751

37,500

36,000

445.500

417,000

59,683

106,301

(571,219
\ 260,541
[514,045

389,800

$70,836

S95.235

$990,512

$916,714

23,354

22,857

289,352

289.071

$47,481

$72,377

8701,160

$627,643

20,693

20,693

248,316

248,310

$26,788

$51,684

$452,844

$379,327

l

:

taxes,,}
J

$4,299,230

2,120,63;
555,07 4

deducts..

etc.,

pfd.

on

stock,,.;

1534.

p.

Pipe

Line

Co.

Dissolution

—

^.

the

,

will eliminate

and

court

action

directors, although the

brought against Mokam and if,3

management;

has

apprehension)

no

the ultimate outcome oi' these suits, Mr. McGuire states in a
letter
The .aim of
the company now
is to preserve tho

as to

stockholders.

greatest
Mokan

possible

interest

111

Panhandle

stockholders, he said.
owns
65So of

The

company

Eastern

Eastern

for

distribution
-v/'

to

'.—'.v.-...;

since

outstanding stock of Panhandlo
it purchased from Phillips Petroleum Co. one-half of
Panhandle shares which Phillips had bought from Columbia

the 404.326
Oil

&

the

Gasoline

Corp.

temporary

bank

$5,250,000

of

Purchase

oi this stock was financed through
August, Mokan replaced this credit with
placed privately with a bank and two In¬
payable in half-yearly installments from
1944

credit.

serial

In

notes

surance

companies,
through 1953.—V. 153, p. 1475.

157,

p.

have

$19,000 of
1.

Aug.

;

been

first

1922,

at

called

Assistant

Controller

for redemption

mortgage 6',b 25-year
102'2 and interest.

Fidelity-Philadelphia Trust Co.,
delphia, Pa —V. 158, p. 1475.

of Feb.

as

1,

1944,

a

total of

sinking fund gold bonds date;!

Payment will be made at tho
trustee,
135 So.
Broad
St., ' Phila¬

Similiar distributions

1847.

Monsanto Chemical Co.

and

to

the

(& Subs.)—Earnings—

(Including. American subsidiaries)
President/and

Assistant

Treasurer.

9 Months Ended

Sept. 30—

1943

sales

Net
Cost

of

1942

1941

$61,244,282 $50,269,773 $46,733,30t

sold,,,,,,—44.368,754
Selling and admin, expenses—,,,—
3,743,135
goods

33.484,275

30,422,240

3,507,716

3,357,534

1,249,849

1,074,095

$11,583,731 S12,027,933

$11,879,431

Research expenses

1,548,662

(Minn.)—Earnings—

505,547

1.344,301

1,540,864

$791,091

$658,993

$2,525,213

$3,237,756

51,482

Dr6,843

82,230

Net profit from operations-

Other income

1,060,564

———_~

931,324

823,643

income

Gross

$12,644,295 $12,959,257 $12^703,074
Income charges ~287,293
437,362
349,163

$652,150

$2,607,443

$3,248,176

Normal income taxes, estimated/---

1,974,248

1.931,800

2,347,723

6,237,049

6,611,660

5,032,000

37,800

44,596

37,600

$4,107,906

$3,933,838

$4,936,57.0

$2.77

*$2.65

'

.

Net

45,606

.

235,464

113,885

316,662

352,054

206,200

312,225

884,400

2,014,800

Note—The

.11,806

42,211

50,777

$268,251

$1,221,694

$992,326

^Includes:

.

^

Charged'to depreciation
Charged to depletion—..

..

to

Commodity

In .a

S.

1942

period

were

for depreciation and

$4,199,772 in 1943;

to

99,648

361,506

998.138

999,554

89

244,695

204.951

Investment

less

Inventories

Prices Stabilization--Corp.,'

Ltd.—V.

158,

.

report covering .tho nine months ended Sept. 30, 1943, J. H. C.
President, says in part:
^
Base Metals; Tonnage treated was about 8^ higher than in the
previous quarter but shortage of labO£ again resulted in operations
being-Cafried"on-much below capacity. Mining operations during the
»quarter-were-confined to. (he Kicking Horse Mine.
Mining in., the
"Monarch Mine will 'be resumed during the coming quarter. - Estimated

$2.76

obsolescence

$3,093,640 .in

$3.57
a

common

the nin.3

for

1942;

$2,416,603

Sept. 30, '43 Dec. 31, '43
$11,527,605
S7,718,14)

—

Government

Receivables,
334,236

Mining Corp. of Canada, Lid.—Report—
Waite,

provision

Cash
U.

tPayments

the

Assets—

income___

""

p. 1072.

for

Comparative Consolidated Balance Sheet

'

■-.

surplus

1941.

111,004

$499,668

earnings

net

months amounted
in

,

to earned

share.

-

mortgage

purchased Cr—

transf.

inc.

Earnings per common share—.
•Adjusted

102,905

Consol. net

taxes, estimated,,,,
applicable to ttiin. int.—

-

income mtge.

inc.

profits

Net income

10,419

$842,574

(.net)

profits taxes„_

on

bonds

.

share on

1943—12 Mos.—-1942

$5,292,569

Monroe Coal Mining Co.—Bonds Called—

,r

income

excess

RR.—$6,000,000 Bonds Called—

McGraw-IIill Publishing Co., Inc. (& Subs.)

1943—Month—1942
190,694

income

There

a

the

elected

named

provision for income &

company

,

1350.

$428,231

taxes

The step

to

participating dividend of 10
dividend of 8U'« cents per
preference stock, par $15, and a

record

Sept.

bonds

,'

has called for redemption as of Jan. 1, 1944, at 102
and interest, a total of $6,000,000 of unified mortgage 3la',o bonds
bonds with extension agreements of series A due Jan. 1, 1950, attached.
Payment of the called bonds will be made at the office of the com¬
pany, 71 Broadway, New York, N. Y., at any time on or before date
set for redemption at 102 with interest accrued to Jan. 1, 1944.—V. 158,
p. 1859.
' '
'
\
<
The

,

569,650

company have appointed a committee consisting of
G. McGulre, President, I. L. Letts and C. E. Main to
study mean3
liquidating the company and to guarantee the independent, opera¬
tion of its
subsidiary, the Panhandle Eastern Pipe Line Co.
'

1941

those of its .directly or indirectly wholly owned United
;'■■States and Canadian subsidiaries)

income

Total

with;
i

"87,01:0

.

W.

488.

quarterly

share

■tPayments" -1—-

profits taxes

158,' p. 764. v.;'

*3.600

121,097

Excess

Gain

-

Marts has

893.

p.

,

Net

$2.40

Federal

241,955

287,763

of

refunded

Selling, admin, and genv. eral expenses v-.—432,893

948,597

$0.67
for

886,383

449,479

230,907

319.530

Directors of

$0.24

$2,281,252

Note—Provision for taxes for the first nine months of 1943 includes;

an

1,173,976

497,070

Missouri-Kansas-Texas

;>

$102,685

$0.85

to holders of

1

June

Carlisle

158,

Other

,t

1,311,976

.

deprec.,.

for

; Balance
/—V. 158,

25,671

"328,000

$0.25

1,766,088

—

*10,350

$487,555

Plan—

Period Ended Sept. 30—
1943—3 Mos.—1942
1943—9 Mos.—1942
Net sales
$5,792,463
$5,514,714 $17,743,453 $17,828,046
•Cost Of
; 4,568,479
4,350,173
13.373,944
13,049,426

5,121,663

503,314

profit ————
Shares outstanding
Net profit per share-—

•469

income

Divs.

T
11,782

$143,874

participating

cents

on

(including

2,228,940

$2,314,369

Net

55,398

■ •:■■-'

27,366

Minnesota & Ontario Paper Co.

14,349,445

charges-

"1,05.1

30,449

/.■%.

expenses

43,439

5.017,429

$0.28

,

the

$3.25

10

Lawrence
Gerald

for depr. & deple.

Miscellaneous

$66,7i:j

13,078

revenue

Net

1940

$2 756,692

•364,000*430.000

Nov.

on

.share,and

per

made

were

■

Provision for taxes—;.—
Prov.

1940

$94,328

103,242

'

,

all payable Dec.

1943—9 Mos.—1942

4,964,250
699.054

_

1941

$191,371

64,646

income,,,

oper.

Federal

;

profits

excess

directors

dividend
'

.

profit—»—

1942

$155,310

Fed. excess profits taxes

$1,335,000, less tax remitted
making net > amount refunded $891,124.
Despite this
net
gain - reported
for
1942
remains
unchanged."—•

-

Operating

Miscellaneous income

R R.—Earnings—

20,

1941

29,420

.

818.

p.

share

of' the

'

1,894,58;

218,915

and Dec. 21, 35 cents each.—■

v

result' the .company

$7,885,213 $10,409,567 $23,063,795 $26,459,683
of sales—manufac-

1,521,236

income,/;

oper.

Provision

.

Sales

990,323
$245,553

.

.

1943—3 Mos.—1942

987,951

for. the

188,385

from

General

| ; Metal Textile Corp.—Participating Dividend—

Lone Star Cement Corp.—Earnings—
Period End. Sept. 30—

r

period

taxes

Micromatic Hone Corp.—New Officials—

:

1,656,500
$1,236,380

stocks

pfd.

railway
railway

•

Operating

that production in the; fiscal year
Sfept. ,30 -exceeded, by approximately 100^ that of any other

a

in 1943

wells ranges from 4.000.to 10.000 feet.
Tests by exploratory crews are
under way in many, areas where geological data indicates the possi¬

bility of

1,546,721
$2,237,451

Mississippi Power Co.—Earnings—

contrast

Depth

135,671
$93,451

Period Ended Sept, 30—

$5,316,541

6,422.096

$309,000 in

adjustment,,

of the past several years, with the expanded drilling program
calling for the completion of from 35 to 40 wells. Approximately onethird of these wells are wildcats, representing our bid for new fields,
others

121,237

1534.

♦Loss.—V.

;T.;iMackay;vPi^sidtmt,Vstates

:*V. 157,

in any

while

2,873

$2,892,880

$187,934

January 1—
railway,,,,
from railway

Net

/.

" $156,777

for

of

program, Col.
the first nine
withdrawals from

general .decline in the Petroleum Industry's reserves,
"The company expects to drill three times as much footage

as

488.

p.

1942

32,849

taxes

as

during

were

7,965
$3,784,172

$1,249,500

#

a

f

158,

$5,776,685

96 524

F'ed.

for

ended

exploration

added

greater than the company's
would amount to for the entire year. This is

reserves

the

p.m.,

year. •
'
>;?"The (GovernmentWand;the company," Mr. Mackay stated, "have
concluded renegotiation proceedings for the fiscal period of 1942 and

.

of

to

•

(Kan.t, Midland and Tyler (Tex.) and Jackson
(Miss.),
undeveloped' acreage has been- acquired during the year in'
Kansas, West Texas, East Texas, New Mexico, Louisiana, Mississippi
and Arkansas.
'
.states

1943,

1,

Mergcnthaler Linotype Co.—Production Up 100%—

Wichita

Attesting to

1,027

$229,122

"

expenses...;..

•Including

other

important

months

1942

1943
$7,058,619

(net)

provision

production this year in SoUth Arkansas and West Texas.
Through the activities of branch land and geological offices, located

Barton

$2,890,007

From

Gross

officers
.

—

H

30—'

Net / profit

-

new

in

$3,776,207

$9,442,315

709

from

Net

V •;

Earn.-per-com. share....

Pool,

showing

are

6.552,30c)

$228,095

'Gross income

v."

income

.

oil and gas production.
The company holds substantial
this Central Kansas area, and plans for additional drilling
formulated and put into action.

Augmenting

in

Payments

50 cents; and Sept. 21

-

for commercial

are

last/

1st,mtge. bonds,

on

income

The discoveries are in the North Stark and the Chit-wood Pools in
Pratt County.
Completions have been made in the Viola Lime of the
North Stark Pool.
Wells of large flowing potentials now are being

completed, in.

Dec.

payable

were

.,--./amort.;& otherTnt./^;;' ' 22,651
Other
cilgsl & mi seel....>

devel¬

'

where the

20,

$1,

par

distributions

Depreciation

in the accelerated search of this company for
additional
underground crude oil reserves in 1943, according to Col. T. H. Barton,

•vrrV///'■"

stock,

common

Similar

Depletion
discoveries

due

quarterly

a

sales, sell., ship.

admin,

&

.

opments

President.

4.

158i-'l>.: 1534,.

Int.

field

new

the

'3 Mos. End.' Sept/

New Discoveries—
.-•

that

Sun."—V.

d/clared

8

Net sales

$655,201

.

5,705,718

$308,462

Mississippi Central

Interest,

'—

—js

S9,481.925

640,549

Mengel Co.—Earnings—

1942

.

bef. Fed. taxes.

1.

.

on

Sept.

Nov.

on

Dec.

record

Cost of
Earn,

$350.—"Baltimore

ol"

directors

per/share

;

V.

s

including

coupons,

1943—12 Mos.—-1942

$868,644

541,499

$309,171

September—

—

1943

Co.—Earnings—

1943—Month—1942

-

Federal

Net. ry.

.60 cents; June 20,

Lion Oil Refining Co.—Earnings
9 Mos. End. Sept. 30—
Net income after all chgs. but
Provision for taxes

last

$849,961

revenues

158, p.

Gross

.

$1.44

7.

10,

<

,

charges

Net

Master Electric Co.—-To Pay 35-Cent Dividend—

1940

cents

income

Gross

1941

$34,560

all

$159,771).

3942

'

.

50

.

a

-

$64,994

of

Balance

point out that the few market transactions in these
debentures taking
place this year were at prices around $42 per
$100, plus accrued interest.
Allowing $14 maximum interest, this
would
be less "than $308
per S700 debenture as compared with the

Lindsay Light & Chemical Co.—Earnings—
•Net

tho

agents for the Maryland

as

22.

-

present'offer

%

for

-

per share and
the usual quarterly
per
share have been declared 011 the common
Dec.' 10 to holders of record Nov. 24.
Extras oi
paid on this issue on March 10 and June

i860.

Dividends applic,

bankers

T'he

stock

the capital

the declaration of

.

of

1953,

Maryland-Trust Co, depositary, Baltimofe, Md., not later than 5

Stock Dividend—

call

to

Co.

were

loB, p.

oper.

Interest

'

f

.

same-footing.'without

National

The. directors

operating profit
$351,545.

it

cents

Gross income

or

a ;nb'ticef to debenture holders,
the banking group points out that
only remaining value of the obligations is the annuity worth of
Casualty- company's-interest guaranty to Dec. 1, 1953.
Because of
such eXhauSriou of principal assets, all these debentures are upon the

$6,-125,613 $53,806,197 $44,979,146

Intl.—To Increase Capital—40%

o0

Other income

retire

to

Any holder desiring to accept this offer must deliver his debentures,

v

was

remained at $110,000, funds on handdevelopment program.—V. 158, p. 675.

obligation

guaranty

the

1943—9 Mos.—1942

1474.

p.

ou,

the company

dividend

ot

cents each

-Mn

,T

,

immediate settle¬

applies tor the, 20-year debentures, clue Dec. 1,
•
debenture -corporations:
American,
Arundel,1

Casualty- Co.

Lerner Stores Corp.—October Sales

$350- in

pay

following

and

■

Period End. Oct. 31—

to

-Carolina,'Continental,-Franklin,. National, Potomac, Potomac Consoli¬
dated knd Potomac Realty Atlantic.
•f/These debentures are/guaranteed only as to interest and not as to
principal by the Maryland Casualty Co.
T'The offer is;.being tendered by J. G. White & Co., Baker, Watts &
CO.,' Merrill Lynch; Pierce, Fenner ana Beane, Stein Bros.
Boyee,

487..

p.

proposes

tile $4.600','750 principal

/..This; offer

Lane Bryant, Inc.- -October Sales Up 8.7%—
Sa les '>x

on:'the

.'.76 V'of

share;/.:

per.

to

made

/There has-been,made'available for the purpose of the offer $1,750,000
which

inc.

(est,»^i;%.„L——•

"Earnings
"On

Fed,

had

Minnesota Power & Light

•

$700 principal
equivalent to $50 per $100 principal amount.

offer-is
•

$2,276,403

$3,741,554

$920,183

Estimated

year,

labor

Period Ended Sept, 30Operating revenues
•Oper. rev. deductions-

to interest by the

" •

ten-years!-son each

1943-^9 Mos.—1942 '

1943—3 Mos.-1942
$1,169,705

aft.

/

inc.

taxes- (est.)

to

both payable

year,—-v.

has authorized a group of bankers, acting as ite
immediate lump-sum cash offer to purchase obli¬

company

uf its-interest

ment

Net profit bef. Fed.

"

This

gations of: ten debenture corporations, guaranteed as

Maryland Casualty Co.
H^The Maryland company

<;

of- the

Sept, 30, 1943, amounted

shortage of

Loans

extra

$3.03

agents,-to make an

1943—10 Mos.—1942.

(& Subs.)—Earnings—

ocpr.

'

;

rLambert Co.

triiucu

Minneapolis-Honeywell Regulator Co.—Extra Div.—'

597.335

-a

$94,542,254 $87,515,058

$10,547,340 $10,278,315

quarter
As

being required to carry out the

Maryland Casualty Co.—Invitation of Tenders—
(S. II.) Kress & Co.—October Sales Increased 2.6%—

juumua

impossible to do any
past your, it was found necessary to
suspend
milling operations at the end of August.
Tonnage of pre milled fov
the eight months ended
Aug. 31, 1.943, was 107,608 tons; from which
was recovered
18,(>41 ounces of gold. Estimated
operating profit for tho
eight months during which
milling operations were carried on wad

ex-

.profits Maxes

cess

-

V

iucome and

Federal

1859.'

muu

development work lor the

—Earnings—

1943—9 Mos.
End-. Sept. 30— •>•<• ",J 1943—3 Mos.—1942
1942
after deprec.g-..i..$3,871,577
$4,569,658 $11,133,579 $12 ,172,462

•)v Period

appearing

should have been
p.

1 uv

nine months ended

1474.

p.

iot

Tonnage of copper-zinc ore treated was approximately
higher than in the previous quarter but
considerably below that

6.5'"

$5,655,982

company

faviiu

Normetal:

1943—10 Mos.—1942

with 203 stores in tlie same month last yV.

'''

■■

1943—Month—1942

Period End. Oct. 31—

■

redemption as of Nov. 18, 1943, a total
$85,000 of 1st mtgc. {Ha V registered bonds at 100 and int. Payment

of

McCrory Stores Corp.—October Sales Up 1.64%—.

•

for

1930

securities

1,000,000

reserves,,

—,,

"

—

in

British

subsidiary

8.068.857
10.285,872

'
9,036,346
11.087,916

729,413

729.413

cost—

8053)14

805,914

investments, receivables and deposits—
Post-war Federal income tax refund, estimated
Land'——

891,381

741,937

1.630,894

928,000
2.361,736

Investments

in

company

associated companies,

at

Miscell.

——

——

Buildings

and equipment—,—;
———
less depletion,,—
;—■

Phosphate deposits,
Patents

Deferred

and

processes—,,—

charges

2,392.453

13,057,084

4

—

Machinery

—

/.

—

—

46,420,035
732,343

12,705,077
45,093,151
■
773,147

1

I

682,750

502,340

$98,224,602 $92,433,123

THE

1940

Liabilities—

National

.*Net estimated income
Note

COMMERCIAL & FINANCIAL CHRONICLE

liability-,-.—.-$236,568

tax

payable to bank' in

Cylinder Gas Co.—Earnings—

$1,194,158

316,264
Accounts payable and accruals—4,551,898
Preferred
dividends payable.—.—445,000
Deposits for returnable containers977,091
Re.erve tor deprec., amort, and obsolescence—£
27,080,444

3,581,174

American subsidiary..—526,567
$4.50 cumul. dividend preferred stock, series A
5,000,000
$4.50 cumul. dividend preferred stock, series B
5,000,000
$4 cumulative dividend preferred stock, series C
11,000,000

488,767

11,000,000

Common

12,416,940

reserves

stock

------—

—

interest

Minority

——

Total

Federal

for

"After deducting

U. S, Treasury

tax notes-—.

158, p. 1735.

*

-

of

-~V.

158,

,

rJ.V

1,335,701

intended
the

in

9

to

Cook

County

unions

discontinue

and

(111.)

Superior Court

labor

14

leaders

maintenance of

its

for

tion

and

194*2

to

abide

following
by

and

for Fed,

1943

Posters
will

in

not

the

be

Federal

Court

maintenance
In

the

its

expenses..

untrue

Dec.

taxe3_.__lr>—

Washington

restrain the

to

has

suit

nine

filed

stores,

unions

be

statements

mail order houses and warehouses,

restrained

and

from

requested

publishing

hearing

a

on

"Cost

also asked

with

further the asserted
the injunction within

The

J

state

that

maintenance

of

membership

is

form,

a

tinue

Ward's

will

voluntarily

not

quarrel

no

with

unionism

collective

or

Period End. Oct. 31—

$

$319,498

income—'

32,499

-

.

directors

——.

bourbon

outstanding,

dividend

whisky

payable

will

cipients'

be

'

and

cum.

for

each
1

conv.

■

include

the

30,

construction

results

share
of

M.

Wellepp,

of

$25

of

To

—

27

b'uv

to

in

accrued
stock

the

barrel

and

record

for

that

two

.sizable

any

of

price

in

years

of

which

his

the

which

before

the

September,
December,

cash

tax
in

1941,

$1.07;
of

one

the

kind,"

shown

are

'

.

ceiling

prices

cents

two

Stock

from

the

expenses

profit

Interest

in

the

in

rj

income

profits
sale

on

shares

M.

1,^65,203

$152,986

whisky.
tty to 4'A

27

gallons

1940,

The

Net

1,722

' Drll,160

$150,917

$71,888

$436,941

5,016

13,242

70

•

.

1,263 'i
'
7

.

4,000

3,967

to

be

and

the

—V.

Cr22,000

11

'

*

deprec.

by

$1.19;

November,

1941,

the

stockholder

to

p.

share,

giving

charges

addressed

a

distributing
stockholders

to

substantial

dividend

a

by

Joseph

$28,774

8,862

offered
share

per

holders

stock

given
the

until

of

the

with

for

$38,872

8,954

Cleveland

8%'

of

Net

sales

Cost

to

for

the

shares

Co.

Selling

and

$6

by

the

stockholders."

156,

1777.

p.

Telephone

&

Telegraph

■

sales,

Operating

Vice

President

this

Loss

"

since

1929,
has been
Reid.—V, 158, p. 1535.

Corp.—Earnings—

returns

and

1942

1941

1943

$20,650,754

Profit

$2,203,823

income

Provision

$3,363,024

72,032

61,876

64,254

$2,275,855

$3,424,901

$1,895,594

—

Est.

income

'

expense

provision for normal, surtax Jk
profits taxes__-._J_._-__-

Net

credit

$1,831,341

103,583

2,885,000

L

per

is

renegotiation
Impossible

proceedings will be
The

1,094,500

to

report further states;
refund

for

1942

to

$436,318

state

It

is

what

the

have

effect,

operations for
not

practical

$691,813
$0.99

$0.52

proceeding lor 1943

results of

on

the
to

not

if

9

been

of

any,

months

of

com¬

such

1943.

allocate the renego¬

particular quarter or quarters of such
year and it is therefore not possible to determine
earnings for the 9
months of 1942 which would be comparable with the
earnings for the
9

any

months of 1943 shown above,—V. 158,

p.

1735.

<

(G. C.) Murphy Co.—October Sales Off 4.59%—

Period End. Oct. 31—
Sales
In

1943—Month—1942
$6,998,258

________________

October,

1943,

against 207 in the

the

same

Consolidated
*

000;

net

National Dairy
W.

of

Monsanto

of

National

announced.

Irwin,

company

month

1943—10 Mos —194''

$7,334,808 $63,770,891 $57 999 047
had, in operation 206 stores' as

last year.—V.

five

years

executive

assistant

Chemical

Dairy
Mr.

Co., has been appointed
Products Corp., L. A. Van
Irwin, who was assigned to

assumed his new post on

789,161

Nov.

8.—V..153,




p.

to

to

the

Eomel

1860.

the

terest,
2*8%
prior

1943

patents,

President

administrative

staff
has

duties

etc.,

_

27,169

31,645

29,595

23,560

$1,986,471

$2,519,490

$1,796,196

981,632

981,632

1,963,264

981,632

$1,004,839

$556,226

$814,564

$1.01

$1.28

share

per

$0.88

within

J:

SO.91

share....

$2,248,954

30,

$5,114,464

$1,554,262

$2,125,230

$1,187,936

$2.79

$3.58

$2.60

incurred
upon

have

$2.64.

expenses,

and/or

158,

676.

p.

157,

paid

25

on

to

of

25

holders

May

20,

last,

cents

15

cents

of

on

Sept.

and

on

15

Div.—

share

per

record

Nov.

Dec.

and

25

on

15.

15.

A

1942.

cents

on

1848.

p.

York

dividend

a

Nov.

made

was-

company

22.—V.

Co.—Pays Another 25-Cent

declared

payable

Chicago

Jthe

tp

Otis

&

obligations, an interest
approximately 2.21%..
Other
bidders
others, 99.4723 for 2Vs; Harris,
associates, 99.2999 for 2'As; R. W. Pressprich
of

company

Co.,

lot*

&

itself

and

99.5499

freight

for

locomotives

being

built

for

the

road

by

the

Lima

Works.

ICC

upon

approval

of

the

is^ue,

the

Nickel

Plate

will-

redemption

3%

bonds,

a

bank loan of not to

existing treasury

already

had

such

assurances

158,

New York Dock

an

funds.

exceed

$2,000,000.

However,

accommodation

the

be

can

road

had

on

1860.

p.

Co.—Earnings—

J.

,

(Including New York Dock Trade Facilities Corp.)
9 Months Ended

Sept. 30—

Revenues

Taxes,

acceptance

A

1943

,

§3,999,943

Expenses

in respect of Defense Facili¬

completion

3.926,528

taxes, maintenance, repairs, depreci¬
contingencies.
tOn 1,963,264 shares of capital

and

stock,

the

19-13

certificates of indebtedness, $3,000,r
receivable
(netr,
$14,369,465;
inventories
costs

1940

$7,033,390
4,908.160

;

for

favorable'terms.—V.

6,025,000

Sept.

1941

3,926,528

the company's procurement of
which to supplement

\ :'£■

$3,867,307
Sheet,

1942

$5,480,790

$1,258,081

J
per

distribution

new

has

interest,

etc.™

1942

1941

1,320,104

.

$3,649,392
2,017,132

$3,117,221

2,259,985

'

payable,

Note--The
taxes.

installments

$250,000;
reserve

taxes apd

p.

$6,600,524;
due

accrued

within

taxes,

one

wages.<

1,292,476

-1,078,972

1,767,162

year

on

one

,10rye,a,r

Corp.,

(J. J.)

Jr„

Braeburn,
La

Pa.,

J,-—v.

the

of

Braeburn

has been elected a director,

158, p.

Z:

Wiftt

'

-

■

%■•%'

$271,087
for

income

profits tax.—V.

158.

):..>>

Honduras Rosario Mining
1943
expen.

Int.
.

on

5%-

divs.

Neptune

debenture

Profit

on

investments-.

on

Gold

9

—V.

months---__-:.._._i.__

per share-.-.

158,

p.

1941'

$322,679

-

32,517

10,685

$933,956

$311,994

40,955

40,732

28,513

1,649

-2,322

Drify796

$336,689

$405,523

$384,611

52 899

'

Co.
'

28 513

$2.13

$2.18

$2 04

166,778

September quarter net profit
•Earnings per.share_.__.l_.__.

the

'

$366,472

28,513

Mining

notes

investments__.._„__:_,.___

Profit for

Co.—Earnings
1942

•

from Operations.:.-$325,573.

Interest and

201 747

110 162

$0.90

$1,081

$0 59

1072.

11/4.

New York & Harlem RR.—Tenders
,

1943—Month—1942

$7,713,022
p.

%;%,%.

—

Newberry Co.—October Sales Up 6.3%—

Period Encl. Oct. 31—

%-,%•

$339,784
provision

excess^

o^jn^^.rqpertieji ,_L—
J. $326,834
"?endii,urp5j.4)p new properties----^1,262

■.

Earnings

Alloy

to succeed

.

'

"

President

and

....

9 Months Ended Sept. 30—
jProfi^frQih! operations before

renegotiation of profits under t,he: Federal

Chairman

..

$419,853
inclusive, of

Federal

(

year of

McGr-'w

1175.

New York &

..

for Federal and State taxesnFederal, State and foreign income

New Director—

foregoing figures are
liability is indicated for

No

in¬

reserve

for

:

Net ,income:

$250,000), $5,5G0,00Q; insurance, service, adjust¬
ment;
and
miscellaneous
reserve,
$1,552,542;
post-war
adjustments,
$400,000; prior, preferred slock
(par $100),
$22,640,400; • 6%. cunrulative
preferred stock
(par $100), $6,468,700;. $2 10-year preference
stock
(par
$40), $11,181,480; common stock
(par $10),
$11,549,280;
earned surplus, $6,973,819; total, $79,673,948.

158,

V

3,926,528

with

.

total, $79,673,948.

$976;

$410,508;

and exc?ss profits

--V.

1940

$1,772,636

all of its outstanding Lake Erie & Western ex¬
due Jan.
1,
1947, outstanding in the principal
amount of $4,933,000.
Redemption of the latter bonds will necessitate

S.

Government

$2,152,027;

Sales

'

1941

$2,489,895

$1,735,332

directors

tended

for

note .payable,
years,

H.

,1942

$753,700

basis

call

5,108

renegotiation law—includes unpaid balance of 1942 taxes.of, $1,897,397
TTesr.
U.
S.
Treasury
notes—tax series of $11,332,730), $3,994,668;
10-year 2%'v^ note payable serially.. 1943 to 1952
(less installments
due

7,000,047

Co.—Earnings—

paid

Contingent

,■

.____

U.

accounts

reserve

la,"e Goc-^e T.

president

executive

2,692

13,430.000

Balance

15

75,789

■

Renegotiation

profit—

by

7,222,229

$821,580;

«less

assets

11,097,520

$11,630,802 $11,178,462

quarter.

for

Locomotive

173,023

,

73,304

income
renegotiation

Federal

,

investments
and other assets,
$3,603,546;
fixed
depreciation of $14,327,6901, $17,350,492; facili¬
ties acquired in the interest of National Defense during the emergency
period (less amortization of SI, 192,993), $3,119,899; deferred' charges,

thereof,

T.

158, p. 1535,

Products Corp.—New Executive—

for

plan
'

$27,134,760;

reimbursable

7,063

—.

annuity

and

taxes

$9,954,162;

and

reserve!,

13,234,403

$1,250,603

Co., Inc., and
99.31 for 2%s, and Salomon Bros. & Hutzler, for itself
and
for 2'As.
The certificates
will be dated Nov.
15, 1943, and will mature. in
15 equal
annual installments of $135,000 each, payable on Nov.
15
of each year
starting in 1944.
Issued under the Philadelphia
plan.
They are being issued to finance approximately 80% of the cost of

1,158,184

State and foreign

Consolidated

Interim

notes

(less

Steel

James

assets...

———P—

$319,058;

$0.82

,

tiation

109,281

/•;

$597,335
share-..--..

common

Note—Since

mended,J it

capital

the

,1,363,856

patents,

deductions

1941,

Hail

32,835

1,506.848

and excess profits taxes)

deductions

under

$7,873,193 $75,508,219 $68,634,607
5,258,734
50,643,014
46.358.625

$1,311,815

outstanding ($25 par),—V.

& Co.,
others,

359,677
158,914

3,076

retirement

Liabililles—Accounts

profit

Earnings

136,472

.y v
1,691,266
CrHO,217

•

—

excess

Post-war

114,297

—

profits

1943—9 Mos.—1942

$7,884,414 $75,585,544 $68,729,586
11,221
77,325
94,979

12,896

,

acquired in
t %*
; J J
Defense—,, 555,164

debt,.__j.^——

for Federal,

excess

profits

ties
Total
Other

1943—Month—1942
$8,523,372

rev.

*+

•

Halsey, Stuart & Co,. Inc. bid 99.39 for

facilities

on

National

of

\y* '

Co.—Earnings—

$5,184,609

included

1,207,793

under

/:V''

»■'/

811,194

capital

cost

$11,445,278

J ji,091,004

Assets—Cash,
Other

''

according to maturity.

4,464,859

allow. $15,172,393

before

sales

1942

_i___

made

Miscellaneous

Law

$15,112,316 $13,593,086
depreciation.—
11,907,997
10,551,536
10,411,475
Provision for depreciation.-—258,339
404,418
378,846
Shipping, selling & admin, expense
802,234
793,338
971^425
of

*'

15, 1944 to 1958, inclusive.
Offering of the certifi¬
cates, subject to Interstate Commerce Commission ap¬
proval, is being made at prices to yield 0.90% to 2.40%

54,443,877

inc.

J.

Nov.

286,138

than

a

as

their

p.

250,310

disposition

on

Payments

of

1943

158,

depreciation—_______

(other

reported

1351.

deposited

offer.—V.

,

Taxes

4.38 %

month

& St. Louis RR.—Equip. Trusts
Stuart Si Co., Inc., was successful
among five bidders at competitive sale of $2,025,000 2 Vs%
equipment
trust
certificates
maturing
annually : on

82,193,517

(other)

output

or

,—

New

operations---^—--——$20,400,445 $11,159,140

funded

on

kwh.,

corresponding

Offered—Halsey,

expenses...—4,454,693

from

the. interest .of

Interest

and

Sept. 30—

less

Co.—New

* •

elected President to succeed the late Frederick H.

Cost

is

—

similar

———$107,048,655 $70,067,876

income

Tptal

Interest

Gross

26,726

preferred stock and
It is reported that

stock.

—

general

reports electric

2,284,660

the

$1,708,164' $1,954,826

inc.

The

(& Subs.)—Earnings—

sales—

of

of

for

1640.

depletion

stock

$105,523

26,580

have 'already

under

customers—,.-——-—

amort,

9 Mos. Ended

■■

income

from

"After

In

preferred

the

Trust

National Supply Co.

for

Mullins Mfg.

s:' /.'x

oper.

p.

Surplus
(Earnings

Nov.

share

per

the

majority

a

kwh.

140,176

.

15, 1943, an extension of time
& Co. stock purchase plan (see V. 158,

Otis

$100

Provision

received

are

Is $31.59 a share, after accrued charges of 54
Kentucky State and county withdrawal taxes, pav-

Ogden,

178,000
'

/^//////lJ'/

plan

$158.67
the

were

* a

3,036

28,000

______

9 Mos. Ended Sept. 30—

$1.07..

equivalent

"involved

Is not incurred by
letter

a

States

r

,

advantage of

1281).

$1.19;
1942, three

gallons, $1.13; January,
three and one-quarter gallons,
and payment of an
have

take

The

the

four gallons,

distillery

would

Stockholders

7%*

a
v

.

each

on

value, therefore,

P.

■'(. '•

National Refining Co.—Offer Extended—

indicating

Association

1943

1

140,176

158, p, 1072,

net

Floyd

158,

ation,

$3,866

The

President—:

increase

3943

Dividends paid

.

.r

profit

"Includ.

for

Mountain

Oct.,

New York Auction

allotments of

gallons,

needed

be

kind.
dividend

certificates

seller.—V.

an

91,398

-

stock

Provision

the

the

52,185,671

Surplus

Dec.

on

of counsel for

representing

•

$433,904

8,000

O.

5.18'.^

week

$525,303

69.938

taxes...

of

&

output

or

$1,790,506

846,039

$83,048

and

excess

electric

kwh.J

corresponding

Year Ago—

a

31,

is

revenues

Dividends

30,686

debt

for

Provis.

funded

date

by

Oct.

This

of

in

operating

etc.

the

May,

of

would

in

the

proceeds

to

dividend

output

Proceeds

1943—9 Mos.—1942

$149,195

$9,129

on

reports

625,719

the

\

,*'"

Net

21,517

-

Lhe

the

ended

New Jersey Zinc

.

income J.—

Total

.

of

for

is

week

5

3 Mos. Ended Sept, 30—

$999,025

income

opinion

Nov.

^Income

$9,059

opers._

income

cents

—V.

at

$179,881

.

kwh.

Earnings, Nine Months Ended Sept, 30

—

on

Net

able

semi-annually

438,989

$30,576

Other; income.(net)—

gallon.

a

President.

the

the

kwh.

gen¬

Other

"In

expenses,

$618,870

261,009

sales.

on

Association—Output—-

Association

increase

12,083,916

income

Dec.
,

from

shares

which

company,

according

profit

1,448,186

>

subsequent to

.

v

the

an

ago.

Net
Net

Exchange.

distilled

was

gallons

1942,

by

1943—3 Mos.—1942

_

the company, the dividend is income
subject to Federal income tax and to stockholders at the fair market
price of the whiskies; and such value is the OPA ceiling price on

Krieger,

31,916
$23,689

department operations

$291,585 *

"

______________

sales

of

Net

Exchange, has

one-half

May,

whisky

dividend
to

31,916

$119,411

Pole & Treating Co.—Earnings—

eral

re¬

was distilled, the amount,, and the OPA
charges: May, 1940, two gallons, $1.51; June,
gallons. $1.46; August/1941, two gallons, $1.25;
and one-half gallons, $1.19; October, 1941, two

and

two

and

the

OPA

included

are

dividend

three-quarters gallons,

Sale

'

.

This

the

whisky

accrued

1941,

the

at

range

details of

1940,, one and one-half

gallons,

*

-

5,

is

Operating
revenues__
$8,510,476
Operating expenses
5,695.348
Operating taxes.^—1,503,313

65,164

*

operations

439;i00

891,733

i

,

52,805

for

month

Operating

33,658

,

Nov.

This

of

production

(Earnings

stock

Vv

which

Baltimore Stock

Baltimore

48

of

number

are

the

Uncollectible

ago.

about

month

one

getting

Following
month

47,343 •"

.

ended

kwh.

Period End. Sept. 30—

'

,

""

Selling, admin", and

Ken¬

capital
Nov.

receipts,

commission of

a

the

on

contains

whisky

the

certificates

charges
listed

n

about

youngest

a

I

t> $107,049

>

idle plant expense, interest on first mortgage bonds, bond
amortization, etc.—V. 158, p. 676.

sales

"Cost

Pay

gallons of

value

par

of

assignable

member of

a

Whisky of ten different ages
distributed, the oldest of which

and

Net

Loss

desirous

$12,654

$64,591

and December.

150,926

■

■';.;;

16,848

•——^1 J-' t

186,643

$412,853

499,100

New England Telephone & Telegraph

479,491,049

tion.

A

('): '

7,249

week

54,470,331

$90,201

141,491
-.

156,222
'
J

29,214

"Income
dividend

a

stockholders

to

form

the

(Mich.)

Co.

declared

8

i

516,012.000 cu.
ft., an
increase of 34,086,000 cu. ft. or 7.07%
above production of 481,926,000
cu. ft. in
the corresponding month a
year ago.—V. 158, p. 1860.
<

1875,385

$5,404

t

£5,749'95,949.

end of June

discount

$ '"'"-L

$

vr

1351."

output

Gas

$965,586

^Deficit.

may

Walter

1,195,443

■/

ago.

year

operating, selling, administrative and general
including provision for depreciation and depletion.

not

the

con¬

exchange at warehouse for whisky in barrels/on which
storage charges will accrue beginning Dec.
1, and on which State
and County
taxes have been accruing since the date of the distilla¬

less

of

«

1730,997

J

———-

•

______

5%/

Gross

Dec.

in

1,847,412

,u

taxes—

production

For

earnings

$736,401

$359,291

140,268

loss

June

,

Nov.

on

$2,228,401

October Production Above

estimated

to

1174.

39,793

-

$$20,615

\

:

deprec.

(Does not

1943—9 Mos.—1942

$

(Tom)
Moore
Distilling
"Whisky" Dividend—

The

the

"Including

of

bargaining.

76,067,626 464,712,336

1

1,

at

p.

12,894,335

National

60,646,535

offered

$1.87

1943--3 Mos.-M942

$$53,114

-

1943—Month—1942

Sales

tucky

J:

.

profits taxes for the

applicable

12,742,922

Period Ended Sept. 30— 7

1640.

$2,923,113

only at the closed shop."

October Sales Off—

158, p.

1,326

$204,878

$2,227,075

reported at 123,236,000 cu. it.,
an increase of
7,827,000 cu. ft., or 6,78% above production of
115,409,000 cu. ft. in the
corresponding week a year, ago.

^Including
has

Ward's attack Is aimed

The

$2,26

made

be

sold.

debs.

Net

it.

"Ward's

—V.

been

will

$3,213,834 '<

•/——

for

inp.

but

and

has

profit.——

depletion
Int.- on

accepted maintenance of membership at Chicago for one
year under duress and only because the President of the United States
expressly so ordered.
Ward's did not voluntarily agree to this illegal

requirement,

1943,

"'1943—9 Mos.—1942

deductions-——

Prov.v

shop, and continue:

uneconomic

30,

excess

the

Gas

$3,831,368

^

-

"Ward's

and

$2.91,J ,JJ

Sept.

Federal

12,709,635

above

2,012,868

■

$4,826,466

.

$2,689,807

income

Total

1

posters

closed

>'•

••

to

law."

inter-

New England Gas & Electric
For

Fireprooi'ing Corp.—Earnings—

products

misc.

SOther

was

the

of

Other

■

Heisler, attorney for the unions, asserted the injunction was
prevent publication of the magazine Spotlight and charged
a move to
infringe on the right of free speech and a free
press.
He predicted that the company would be unsuccessful "in avoid¬
ing the main issue, which was and is before the War Labor Board, a
fact which
shows that Montgomery Ward does not want to comply
it

ended

Operating

Francis

intended

that

1 3,852,532

shares.

Period End. Sept, 30—
tNet sales

:

days.

months

-

in

from enforcing the

WLB

1,158

$261,458-

after

158, p.

above

which employs up to 85.000 persons

company,

693,720

Act.—y. 158,

the contract
been

$6,537,956

902,173

.

-9,902,821

share—

per

National

that

state

that

$9,581,171

of

average rate
which it is anticipated
for the year under the 1942 Revenue

v

plants

and

8

$2,921,955

17

1941

1,019,601

J.$5,955,178

"On 2,045,451

contract.

retail

the

ten

at

stores and

after

damfige suit the

659

that

company's

continued

-V.

1942

$16,877,600

_______

bmort.

f Note—'Provision for Federal income and

membership agreement with

the War Labor Board.

$204,861

287

charges
i,'
171,981
117,014
applic; to pfd. stocks for the perio<l

"Incl.

income, capital stock

profit

"Earnings

it

membership agreement was accepted by Ward's
order by President Roosevelt directing the company

an

$261,171

—

income

income

year

of

decision of

a

$0.84

after deprecia¬

reserves

interest

Net

-VI

maintenance

in

that

$0.72

Gross
Net.

Corp.—Earnings—

Sept. 30—

oper.

and excess profits

$1,000,000

disclosed

and

union.

The

In

the

two

1,334,698

$1.21

(Including wholly owned subsidiary companies)

;

Less

:

asserting that it had been damaged by alleged defama¬
tory statements published by the United Retail, Wholesale and Depart¬
ment Store
Employes of America (CIO) and ils local affiliate, filed

the

1,335,701

revenues

income

est

9 Months Ended

Montgomery Ward & Co., Inc.--Sues CIO for Libel—

Nov.

oper.

$1,127,824

...

The company,

suit

Net

1,300,000

$958,434

National Distillers Products

Prov.

against

.2,718,000.

488.

p.

1943—12 Mos.—1942
$830,164 $10,170,374
$9,608,883
625,303
7,248,419
7,381,803

,1638,869

Dividends

10,919,311

\

stock...

common

1943-Month—1942
$900,040

____

$2,427,824

$1,617,679

_____

__

Co.—Earnings—

Period Ended Sept. 30—
Operating revenues
"Oper. rev, deductions.

:

-

and

Earnings per share-_________^-____

14,044,838

12,214,705

income

1941

$3,676,434

taxes.3,710,000

J___l

profit

Shares

11,374,032

;

1942

taxes—$5,327,679

Federal

Earnings irom
—V.

1943

Other

Net

$98,224,602 $92,483,127

w—r —

-

Sept. 30—

profits

excess

5,000,000
5,000,000

15,400,203

before

Provision

826,699

(par

.

Profit

——

in

Earned surplus

9 Mos. Ended

3,937,466

$10—--a—--.
12,416,940
surplus-i11-11,374,032

Paid-in

•-

Nebraska Power

(Including domestic subsidiaries).

23,619,053

3,899,596

Pension

Brazil-..---t--—-——

Monday, November 15, 1943

1943—10 Mos.—1942

$7,251,672 $68,444,657 $57,183,486

1640.

J.

City,
first

P# Morgan & Co., Incorporated, trustee,
will

■

'

•

.

'

3

p.

mortgage 3'%%

to exhaust

I

until

m.

on

Nov.

18

receive

Sought—

23 Wall Street,
bids

for

the

New

sale

to

York
it

of

bonds due May 1, 2000, to an amount
sufficient
$2,500,000, at prices not to include accrued interest.
Notice

Volume

of

Number 4229

158

THE COMMERCIAL & FINANCIAL CHRONICLE

acceptance or' 'rejection will'be'mailed not later'than Nov. 22,
interest

Accrued
The

provided

as

33%,' since 1939.
The Wisconsin-Michigan system has just com¬
pleted its program with the Installation of an 80,000-kilowatt. generator,
its capacity by 130,000 kilowatts, or 22%, since 1939.
The Union Electric system serving the St. Louis area and Potomac
or

1943.

bonds accepted will be paid to Dec. 3, 1943.
v;
purchased will be/held by the" trustees, uncancelled,
in the 4% mortgage dated July 1, 1943.—V. 158, p. 1862.

bonds

on

W.

service

Bowman,

with

Assistant

the

Treasurer,

road.

retired

is

He

Nov.

on

succeeded

by

Eugene L.

Appointment of

headquarters

at

the

W.

the

New

Kolbenhcyer

Johnson.

A.

late

Treasurer

ol"

&' Providence

Boston,

RR.

has

Mass.,
Mr.

England

Co.—V.

from

railway----

Net

ry.

Prom
Gross

railway-,---

Net

ry.

—V.

158,

New

York

Gross

32,253

2,772,593

706,954

589,240

inc.

after

291,183

25.231

248,569

239,623

16,866

Period End, Sept. 30—

Co.—Income
$

for

64,102,423

58,429,242

Other

income

income

38,753.879

156,709,722

12,151,078

59,632,626

9,409,359

7,524,285

33,791,117

Dr

345,386

24,986

1,211,426

9,063.973

7,499,299

32,579,691

1,438,242

4,412,605

4,933,271

net

•

8,072,127

6,061,057

28,167,086

26,671,920
25,278,000

income——

6,319,500

•Balance

in

1941

the

major

and

of

tax

1942

in

year

credit

6,319,500

25,278,000

1,752,627 ,1258,443

"Certain

and

have

which

other

been

distributed

booked.

fAfter

to

2,889,086

adjustments

the

Note—Certain

did

of

"3,120,275
1,653,049

8,338,008

936,331

3,415,692

not

directly

Burt, formerly President and General Manager, has been
of the beard, ana Charles W. Deeds, formerly head
Corp., which was acquired recently by Niles-Bementhas been elected President and General Manager.—V. 158,

—V.

-L

"

'

oper.

Norfolk
The

-

44;4"

$7,799,060

In

12,144,424

11,807,475

1,504.092

10,509.974

declared

have

'

\

dividend

a

377,000

322,000

1,426,000

of

25

holders

May

20

cents

of

in

share

per

record

and

Aug.

Nov.

20,

on

10.

this

A

year,

896.

p.

1943

1942

1941

1940

$331,846
-

$368,833

$369,077

$0.86

$0.85

.

$0.94

income

tax

$0.77

profits

tax)

profits

and

Federal

totaled

1943

in

tax)

and

income

$402,000

taxes.

($257,000 for income

compared

as

$177,838

for

the

with

$227,231

in

period

same

1537.

3,700,503

17,277,239

15,905,024

7,153,042

7,135,630
1,809,124

29.398,996

Gross

6,558,395

8,059,423

8,745,713

8,944,754

35,957.391

2,509,914

2,948,813

10,593,827

1,182,041

1,182,041

4,728,167

293.966

1,270,875

1,268,419

125,000

125,000

500,000

$8,207,968

7,008,735

4,909,300

867,367

1,010,217

$4,001,434

$2,288,451

'

!

91,821f
'

income
income

$2,375,340

417,209

tax

profits

86,89?

$4,093,255

and

surtax

118,026

810,000

472,000

1,690,000

1,013,000

_

tax

4,728,166

322,727

1942

allowances_._„_____ $11,877,530

deductions

Excess

12,018,737

subsids—

500,000

net

Net

Net

—_—L—

Balance for divs.

4.606,031

CO.

18,864,522

955,313

955,314

3,821,252

3,439,620

15,043.270

15,487,609

$0.40

$1.75

Fed.

excess

per

share

common

$772,323

Crl69,000

Crl01.300

$873,623

$2.69

$1.75

(est.)

tax.

pro.

•.

"Including depreciation of $372,300 for 1943 and $350,700 for 1942.
("Including
$225,000
provision
for
contingencies
in
1943,—V.
158,

3,821,253

$1.81

,

of

$1,176,046

$1,345,046

refund

income

Earns,

19,308,862

$0.43

pfd. stk. of

4,394,934

3,650.718

____

^iLLL..

income

Post-war

income

deducts.

on

&

admin., expenses

profit

Normal

37,824,184

charges__u

of
in

1943

returns

sold:—

income

Gross

29,764,761

1,592,671

goods

Selling, general &

Other

income

Sept. 30—

less

720,000

3,920,214

res.

revs—

subs.

com.——

Earns, per com.
—V.

158, p.

^

775.

p.

shr

<

Pharis Tire & Rubber Co.—To Pay 30-Cent Div.—

*

•

stock,

of

$2

'

Co.

(Del.)—Weekly Output—

$1,

par

the

of 30

only

made

payable

25

share has been

per

Nov.

this

payment

July

on

cents

and

20

holders

to

of

Distributions

year.

10,

Nov.

declared

record

of

15

'

the common

on

Nov.

This

9.

each

cents

were

1942.

Changes in Personnel—

"

Furber Marshal^ former President of Bendix Service Corp., has been
of Pharis Tire & Rubber Co., succeeding Carl Pharis,

elected President
who

Oklahoma Gas & Electric Co.—Debentures Called—

l

1

share on

per

States Power

Electric output of the company for the week ended Nov. 6, 1943,
42.835.000 kwh., as compared with 37.806.000 kwh., for the
corresponding week last year, an increase of 13.3% —V. 158, p. 1861.

'

,

dividend

A

1861.
is

4';

1942

of

for
be

made

Y..

at

or

115

the

Schroder Trust

Co.,

trustee, 46 William St.,

1942, resulting in substantial reduction
of its funded debt and fixed charges, the present capital stock having
been issued in respect of bondholdings in the old company.
He stated

West

int.

Chairman

,

of

the

board.—V,

157,

259.

p.

to Dec.

10,

1943.—V.

15.8, P,

J

1861.

,

!

income

—V.

158,

Products

Co.,

Inc.

Subs.)—
'

(&

.

Period End. Sept. 30Net

,

,

Dairy

Philadelphia

the-option of the holder at Harris Trust & Savings Bank,
Monroe St., Chicago, 111.
•

Immediate payment may be obtained upon presentation of the
(deben¬
tures at either of
the banks,
the holder thereof to receive 101 and

been consummated in January,

elected

been

Earnings—

York,

New

at

••

commenting on this action. Morris S. Hawkins, President, referred
fact that a drastic reorganization of the railway's affairs had

the

has

the

outstanding 4% debentures due 1946 have been called
redemption as of Dec. 10, 1943 at 101 and int.
Payment will

N.

the out¬

to holders of record Nov. 26.

10

tons

milled

Pfizer & Co., Inc.—Earnings—

sales,
of

6,350,765

$7,437,160

Southern Ry.^—Initial Distribution—

directors

standing capital stock, payable Dec.
To

3,194,982

2,635,380

revs.

int.

All

>

$235,916

30,023

tons

Co.—Earnings—

par)

excess

158, p.

"Cost

14,156,647

totaled

1943

/

production -LZ—LT-

158, p. 774.

to

from

33,556

396.

p.

to

for depreciation

excess

(no

Gross

14,711,088

,

.

$145,000

(Chas.)

subsidiary

Balance for

Ft.

gold

20

20,

011

Federal

9 Mos. End.

-

3,576,468

tax

deprec.

Northern

of

$300,865
from

President; Etc.—

9 Months Ended Sept. 30— *

Value

amounted

year

dividend

a

Nov.

$404,037

share

provision

1941.—V.

tOther

Other

Noranda Mines, Ltd.—Gold Production—

;

by

for

Min.

Chairman

Co.,

158,

Feb.

on

1942.—V.* 158,

20,

per

in/1942

State

&

prof,

exc.

divs.

■

j

3,031,950

Fed.
taxes

interest

of

1

.

post-war 'adjust._

Gross
Net

1736.

p.

inc,

3,342,089

for

Net

of Chandler-Evans

Pond

declared

paid

profit

and

8,739,386

Divs.

Clayton

11,883,470

52,476,824

other.- than

Non-oper.

income

affect

this

139,920,882

1943.

Co.—New

Aug.

"After

3,205,015

15,472,417

9,759,814

for

months of
profits tax

quarter of

payablg

was

Note—The

6,763,672

782,944

61,857,179

1,393,920

excess

thmrd

have

stock,

capital stock (no

3,198,215

5,053,652

157,084,714

Approp.

a net reduction of approximately $1,503,000 and
respectively, for the 3 months and the 12 months ended
in Federal income and excess profits taxes included in
operating taxes.—V. 158. p. 1536.

elected

3,750,758
5,346,607

2,253,790

nevertheless resulted in

NHes-Bement-Pond

109,816,858

182,731

1,038,102

12,949.711

income

SI.730,000,

Sept. 30.

on

Earnings

34,637,176

Pfd.

which

directors

amount

"Net

'

2,766,616

*

transactions

$

1

15,894,956

PVOV-,

encountered

appropriate

deduction

tDeficit.

10''.

27,706,688

$

120,761,232

:

2,252,774.

taxes

.

retroactive

$

4,011,392

.

Approp.
Total

$1.25

income and

Mines, Ltd.—Production-

the

9 Mos. Ended Sept. 30—

39,121,247

31,605,191

991,846

Dividends

Subs,)

revs.——„

791,600

,

and

188,241

.

.

Taxes,

32,396,791

$1.01

milled,\as compared with
second quaVler and $333,387

the

capital

like

1943—12 Mos.—1942

Operating expenses1——

49,600,865

$1.10

—

Pettibone Mulliken Corp.—Dividend No. 5—
The
the

3,821,253

1,099,202

Total oper.

152,474,002

14.214,660

deductions

(Company

'

30,786.694

—.

I——„

Prov.. for

Total

Interest

for

250,133,465 234,471,658

40,478,404

539,865

tons

Pfeiffer Brewing
Statement

1943—3 Mos.—1942

•

Miscellaneous

income

met),

in

$10,305,908 $12,670,833
$1.20
$1.48

stock

common

Income

—

Coal

share

first three months of 11943.—V.

and

Maintenance

operating

the

36,799

3,821,252

—...

Gold

28,062

milled

$14,127,160 $16,492,086

common

Transportation

$

$

1941

$519,808

846,645

■■•%___.

27,450

_4_i_

preferred stock of company

on

revs—electric

Oper.

*1943—12 Mos.—'"1942
* 1943—12 Mos.

$

Net

debs.

on

4—

$

Statement-

1943'1942
1943—3 Mos.—*1942

Operating revenues __1L
Operating expenses ILL
Operating taxes

expense

dividends.-!

.

133,486

112,600

1942

$441,854

957,688

profits taxes

exc.

common

production
from

1,766,436

27,130

:

of discount and

for

Heating

Telephone

loans.,

"

'

1352.

York

.

Period End. Sept. 30—

-

per

Perron

%

Consolidated

Gas

New

961,000

tax

Earnings per share of

$1,298,877
I

12,638

$1,039,145

_i

1943—12 Mos.—1942

$1,367,949

1943
$470,416

:

inc. and

317,234

bank

on

for

excess

$20,586,649

483,000

Sept. 30—

earnings

"After depreciation, depletion, interest and provision for
profits taxes.—
158, p. 1861.

1942

$1,022,247

$377,526,802

'

I

Pennsylvania Glass Sand Corp. (& Subs.)—Earnings—
"Net

Earnings
1943

42,025
debentures—1,376,463

on

1943—10 Mos.—1942

1537.

p.

9 Months Ended

by

$17,170,370 $20,269,415

taxes' _L-L-L

Dividends

prov

-----

—V." 158, p.

capacity

(Company Only)

,1.^

Balance

Co.—Earnings—
$110,936

24.738

its

1939.

1

income

Balance

1943—Month—1942

depreciation
income

increasing the
26%, since 1939.

$17,105,475

Amortization

325,585

Gas

plant,
or

158,

second

a

Dr64,895

Interest

850,352

$116,244

added

increasing

Sept. 30—

income

Interest

2,360,457

1,175,204

—

turbine,

idividendsi

Other

93,902

83,701

1,401,938

for

Net

139.922

119,669
3,208,810

Richmond

&

revenues

Ended

Mos.

Federal

$273,718

$310,636

249.253

90,640*

826,057

Period End. Sept. 30—

Operating

50,000-kilowatt

Expenses

1736.

p.

capacity to its new Venice
by 185,000 kilowatts,

capacity
a

Income Statement
12

Income

1940

1941

4.429,605

...

Electric

Union

1943—Month—1942

$50,581,961 $54,302,821 $381,843,881

—V.

their

"

Total

2.055,285

railway
oper. incomeLL,-

July,

finished

with

January 1—

from

from

Net

in

programs

Columb'a,

of

Interest

$467,193

225,160
'

income---

oper.

Distr.ct

Sales

Prov.

RR.—Earnings—

1942

$487,556

the

kilowatts,'or 59%, since

150,000

the Boston

of

and

Co.

serving

of

total

added

Potomac

1736.

p.

1943

Net froni railway-

has

also

company's

He succeeds
been named'

announced.

Transportation

158,

September—

Gross

L.

Assistant Treasurer,

as

been

Kolbenheyer

New York Susquehanna <& Western
-

55 years
Bartholomew,
••
4

1/ after

E.

Treasurer,

Co.,

kilowatts

80,000
Arthur

Power

four-year expansion

New York, New Haven & Hartford RR.—New Treas.—

v
-

<J. C.) Penney Co.—October Sales Off 6.85%—
Period End. Oct. 31—

increasing

so

Electric

of

1941

1943—9 Mos.—1942

1943—12 Mos.—1942

$781,450

$636,416

_

$633,022

$833,601

1074.

p.

'

Pittsburgh Coal Co.—Earnings—

,

,

,

,

'

that

the

in

current

interest

fixed
of

the

V.

158,

debt

ample

that

earnings

1736.

p.

the company

year

and

the

and

ample

cash'
'

r \i ••

-

has

retired

dividend

$425,000 of funded

action

'

in

;

view

L

company.—

Oklahoma; Natural Gas Co.—Earnings—
12

Gross
Net

Northwestern Electric
Period End. Sept. 30—

Operating

Co.—Earnings—

1943—Month—1942

$5,374,971

4,237,577

31—

3,982,091

158,

1942

of

3,539,056

Int.

2,652,963

Dcpl.,

accruals—,

reserve

sh.

(550,000 shs. outstdg.)—

989.

$2.85

sales,

general

$3.75'

etc.

11,906,228

97,063

1,038,041

deductions-

rev.

for

Can.

provincial

Net

oper.

Other

income

$70,729

$70,409

1,278

183

$71,687

<net)____

$70,912

$1,015,968

$1,019,148

$1,137,394
5,703
$1,143,097

revenues•

See

General Capital Corp.—V.

income

Gross

Net

est

♦Incl.
V.

applic.

For

4%'

the

35.125

^

the

for

434,245

1,006,756

4,029,354

3.895,534

341,210

457,148

898,112

1,504,652

23,391

32,554

128,967

120,499

i___

$560,897

$643,801

$1,995,043

$2,690,280

subs...

54

54

201

192

$560,844

States

21,998

18%

Gross

the

30,

Sept.

than

the

in

12

customers

were

tures.

$14,750,'000

As

result

a

of

reduced

been

during

$643,747

$1,934,841

?' $2,690,088

those

over

of

refinancing,

$34,881,500,

annual

bank

The

It

is

0!

cash

loan

the

29

October

On

by

collateral.

requirements

interest

is payable

four

first

secured
in

the

of

rate

North

held.

cash

American

$23

declaration.

This

to

directors,

declared

for

place

will

of

common

share

In

be

of

5,218,050

$10,979,328

$8,107,022

$3,224,496

$2,415,751

profit

_

—

783,570

709,740

738,391

$8,816,762

$3,962,887

for
for

contract

forgn.

—

1.'274,875

229,174

•

invests.

"

' '

/ CV450,000

_L—$1,973,235

$2,237,588

$1,892,948

$2,552,957

declared

$0.97

$0.80

;:-fL $1.13

the

•

f

'

Net
.

profit

.Earns;

have

sh.

per

(Includes

t

$0.84

pn. com.

excess

Note—Provision

profits
for

V

tax.
and

in

1943,

$7.69
accrued

be

under

paid

the

1

>t

j

Electric Co.—Weekly Output—,
for

output

this

1943.

6,

or

10.3%,

and

company

amounted
over

to

the

wage

1283.

p.

same

period

kwh.,

,

the

for

increase'

an

last year.—V.
:

f

-

^

subsidiaries

its

122,993,000

■{,;■

■

158,

*

.

tl,480,000

565,000

Philadelphia Suburban Water Co.—20-Cent Com. Div.

•

depreciation

equipment amounted to $464,970
953 in 1941I--V. 158, p. 490.

might

158,

-.>•••

Cr825,000

a_w.

'

being

are

'

1862.

400.000

f6,400,000

refund

'

p.

1,228,150

$5.71

'•

1943

year

i

,

Nov.

which

wages

pending.—V.

„

electric

t9,085,000

taxes—

the

provision has been made for any possible
profits taxes for
the
year
1943,
nor
for
any

11,455,000 kwh.,

375,000

i_

readjustment-

'

ended

$1.84

for

42%.., No

excess

Philadelphia

of

taxes

retroactive

■

week

$1.60

income

presently

,

The
—.

pref.L

on

of

rate

liability

$3,392,832

214,939

the

liability

977,081

$11,762,898
L
301,513

_______

income

Post-war

$2,720,375

of

at

based

approval

of

this

the

on,

policy.

common

the
on

rate

the

of'l!p6!eifib/'G&$,&
29 cfents'pW'i$hafe

of

market

&

be

paid

Jan.

the

SEC.

Electric
3

Similar

to

price
on

of

1 the

holders

dividends

approx¬

date*
of

of,

According, to

of

plant

announcement on

an

dividend

a

usual

both

of

20

cents

per

Nov. 8, the directors on Oct. 20
share on the" common stock and

dividend of $1.50 per share on the preferred stock,

quarterly

1 to holders of record Nov. 11. Similar distributions
i, June 1 and Sept. 1, this year. Payments 011
during 1942 were as follows: March 2, June 1 and
Sept. 1, 20 cents each; and Dec. 1, 15 cents.—V. 158, p. 1770.

.

amortization

$490,394 iri 1942 and

payable Dec.
made

were

and

the

$535,"

March

on

stock

common

were

Subsidiary

without

September

government

the

1943—9

3 Mos. 1943

operations——____L_$703,443

Paul

•

been

Mos!—1942

$1,965,865

l^Lfotal

Cleveland Electric, Illuminating Co.

income

—$723,035

—

•peprecia'tion
Interest

on

for

Prov.

•;

bonds &

Fed.

taxes

inc.

notes

&

of

621,633

17,761

81,820

'

payable

704,900

$234,177

$704,530

973,200

completed

its

the installation of a ndw 50.000-kilowatt generator in

with

its Avon

plant, increasing the company's capacity by 170,000 kilowatts,

on

'

Net

--V.

earnings
158,

p.

———

——

on

the

common

Nov.

10

were

made

The

$1.25

to

20,
on

per

the

to

the

the

7%.

Pavments

1, 87>/2 cents,

•_

holders
1

and

has

President,

executive

committee.

'

Co.r-rAccumulated Dividend—
per

during

1943.

.

.

.(

i

share has been declared on account of
cumulative 1st preferred stock, par $100.

of

record

Sept.

1942

1,

19.
Similar distributions
against $3.50 on March 4,
follows: March 4. $6.12'/2;

Nov.

last, as

were

as

and Sept. 1 and Dec. 1,

$1.75 each.—V. 158, p. 1177.

Shawmut & Northern RR.—Earnings-

Pittsburgh

declared

stock,
and

on
011

no

of

regular dividend of 50 cents per share

a

value,

par

record

1,

Dec.

the

June

15,

payable

dividend

special

a

March

share

of

"

holders

company

Assistant

member

a

$376,372

677.

The directors have

record

■

June

on

June

—

Dec.

program

$1.75

Dec. .1, to

made

were

262,900

of

dividend

accumulations

664,727

59.567

>

profits

and

,

Phoenix Hosiery
A

$2,096,119

and

Vice-President

director

a

1770.,

158, p.

$2,006.31!

$2,090,630

208,196

subs._

excess

Endacott,

elected

V.

124,765'89,808

19,591

Package Machinery Co.—Special Div. of $1.25—

funds.




*

^Other ihconie ''(net)__ 1',

Operations

four

financed

Period Ended Sept. 30—
frdm

Gain

Subsidiaries)

Owned

paid

and

principal electric properties have now' completed their
four-year construction programs.
The expansion has added 635,000
-kilowatts, or'31%, to their total generating capacity and it has been
The

Wholly

Phillips Petroleum Co.—New Director ElectecM-

\

Co.—Earnings—

(Including
''

record

Oct. 1. The regular quarterly dividends were declared on
and 534% ($50 pari preferred stocks, payable Jan. 3 to holders
record Dec. 10.
1

Oxford Paper

I

form

shares

Gas

will

to. continue

dividend

the

investments.

shares of Pacific ^jaS1^ Electric
100 shares of NbrtW'American

fractional

of -Pacific

dividend

a

in

the 6%

In

7,633,801

5,262,266

at

20.942,695

8.486,762

5,363,760

every

paid

common,

share

per

subject

3,

board

directors

one

stock,

Electric

imately

the

the

of

stock

'common

of

25,189,156

13.470,782

5,382,638

deductions'
for

Federal

quarterly instal¬

and

years

retained by paying dividends
which North American held

in

the form of

stock payable in
at

income

companies

intention

the

'

July

42,726,361

16,361,966

sh.

per

Note—Federal

1954,

their
loan

during

55.480,505

oper.

income

Post-war

than 50% from the $70,000,000 outstanding on April 15,
reduction was effected largely.through the application of

This

stocks

Dec.

Res.

year, with the privilege of prepayment.
this refinancihg, the company had reduced its indebted¬

to

company's

of

of

Other

Sales

a
total of $34,150,000.
The
respective call prices with funds

due

at

orders.

I—_____

profit

Earn,

18,438,712

19,001,916

in

min¬

by more

1941.

Co.

144%

and

ago

fifth

the

Previous
ness

the

th's

$534,495.

81.500,000

of

series
bank

2%

a

20,780,721
39,860,249

income

Total

retired all of its outstanding deben¬
$19,400,000
3 ]/2 %". series
due
1949
and

of

retired

were

from

obtained

ments

334 %'

of

debentures

year

a

Other

North

company

consisted

These

,

41,380.327
88,948.213

kilowatt

v4%: W
the

1943,

19.

billion

ended

months

of

output

IOV4

to

33%

up

respective periods.
Oct.

electric

subsidiaries amounted

Operating

$42,021,104 $20,875,163

51,845.765

57,946,990

from

etc,

interest

Net

30

Sept.

against

profit

1940

1941

1942

$37,540,872 $91,092,212

_________

ord.

.

Co.—Quarterly Report— -lll

more

industrial

power to

Billings

360,910

491,476
~

than for the pre-war period ended Sept. 30, 1939.

more

completed

Uncompl.

Expenses,

consolidated
was

334,205

booked

Orders

588,489

334,242

,i

Min.

•.

taxes

&

prof, before
ority interests

\

1943

and

Net

Co.—Earnings—

Sept. 30—

Orders

■

39.453

months'-ended

12

hours.' This

On

717,817

period

.

American

American's

stocks

1352.,

p.

:and 81%

to pfd.

taxes-----!-/.

Fed.

158,

North

of

38,482

charges

Dividends

9 Mos. End.

inter¬

after

income

1861.

3,180

Otis Elevator
>•

158, p.

42,184.617

301,939

income

United
State

Old Colony Investment Trust—To Merge—

47,158,748

amort.

*

•Oper.

1943—12 Mos—1942

•

9,962.600

65,301

&

discount.—_

debt

:

debt.

expenses,

depre.

Prov.

..

1943—3 Mos.—1942

income $13,935,068 $12,199,921 $54,512,162 $50,829,827
oper.
&
y:
^

long term

on

of

etc.

oper.

Cost

$11,221,754

3,017.569

2,162,350

com.

p.

I

$12,796,245

——

retire,

;

per

Sales,

1943

.

.

/Period End. Sept. 30—

,

$4,998,059

322,055

Aug.

after

income

—V.

-1942

1943—12 Mos.

$392,784

348,351

Ended

income-

Earnings

$418,760

revenues

Months

Operating revenues

i-

-h

.

the

of

resources

•

taken

was

Dec.

1

last

common

1.

and
year,

of

Dec.

$1.25

Distributions

Sept.

1,

to holders of
share, payable
of-50, cents, each

156,

a

p.

from

Net

ry.

special
2227.

dividend of

1943

.

railway-

from

Net

railway-

oper.

—

income:

1942

1941

1940

$123,345

$116,714

$151,246

$100,448

26,753

28,677

46,459

32,947

12,666

16,944

29,682

22,812

1,111,771

1,110.461

1,141,278

886,414

238,745

197,115

384.036

262,030

] 13,820

66.460

233,310

142,151

Froin January 1—Gross
Net,

last.

also paid

stock.—V.

1

per

September—
Gross

Net

from

from
rv.

railway.-

railway

oper.

inoorae-

1942

THE COMMERCIAL & FINANCIAL CHRONICLE

September—
from railway...—
Net from railway/,.-./--/
Ket

ry,

20,292

31,624

20,679

929,823

753,633

995,827

railway.//—V

1,005,792
350,684

318,542 /'

231,505

353,187

income.,..-

201,611)

262.159

152,410

242,096

1943

1942

Income-..—

oper,

from

Net

from

Net

rv.

—V.

/;

—.—

general and

Provision

for

bad

$23,166,229

21.463,096

19,405,326

1,859,619

1,750,932

-

debts

40,132
taxes.

Other

income

——,

Depreciation,

depletion

Provision

for Federal

Provision

for

of

Net

of

income

subsidiary

companies.

consolidated
such

income

The

and

income

i

taxes

and

for

of

its

-

tax

*

the

42'/

$440,246

nine

their

stocks

the

class

$9,347,
class

preference

Pittston

included

are

became

in

class

available

Co.—V.

stock,

when

A

and

received

Sept. 30 —

income

net

taxes

and

for

Other

the

taxi

15.

Juno

1,

follows:

cents,—V.

no

Amort,

on

243.463

S5,205,098

$4,671,963

2,214,885

taxes,

40

/

,

weeks

all/other

for

ended

9,

the

income

tux

„

•—V.

158.

:-

/•

1

value,

25

2.

June

dividend

a

each

819,850

-

$1,691,063

$53,104,410

'Write-Ups and Inflation'—Company to Contest
'

.'

Commission

Nov.

on

admin,

Reduc¬

the

tc
cause why it should not reduce
its plant accounts by
$67,893/724.
The Commission said this
amount represented
write-ups and Other
inflationary items in the electric and common
(electric-gas) utility
plant of the corporation as reported by examiners for
company

the

Federal

agency and the New

Jersey State Beard of Public Utility Commissioners.
was, the FPC said, "about 27/ excess over the
$257,786,941 found
the Commission's staff to be the original cost of the

It

Net'

1

last.

electric

the

$105,869."

Federal

show

cause

The Commission
*

This

and

additional

order,

amount

was

involved

not

in

however.

said

the company was given 30
days "to show cause
why it should not be ordered to eliminate
$9,179,956 out of a total
$38,565,513 in write-ups and other
inflationary items in its

*

*

of

accounts,,
us
to the

plant
through charges to earned surplus; submit
plans
accounts through which there
shall be written off

principally
specific

the

S29.085.557 balance of write-ups and inflationary
items, and submit
plans for (he disposition of an additional
$29,328,210 representing
of

excess

purchase cost

over

or

*

ing units
The

systems;"

announcement

original

said

of plant

cost

acquired

as

and

Sept.

1, .25

this

011

issue

shew

to

cause

that

why

it

304.410 in

It also

the

said

the company was
informed
of an offer of proof and shall

form

facts

that its response "shall be
set forth with

which

upon

it

in

cents .each;, and

Dec.
' -J

,

,

gave out

cess

1943-

/

:

//-// :

$

and

order

with

show

to

&

Gas

from

cause

Co.

the

has

Federal

the reclassification and
original cost

and

staff

a

and

report

Utility Commissioners

crder

of

to

New

show

original cost studies of the
gas
"This so-called original cost
this

to

reduce

company,

but is

values

book

what

when

property

to

Power

studies

cause

an

was

first

.staff

a

is

report

Commission
of the

from

the

Board

the

dealing

electric

39,312,270 185.096,520
806,133

206/250

195,000

2,743,384
618,750

of

the. original

150,657

1,469,321

1,361,100

5,224,200

3,213,800

4.283,100
tl6,594,800

-J

devoted to a public
utility use. It is a matter
knowledge that these properties have
changed ownership
times. In some instances as far as
cur company is
concerned it
goes buck more than 100
years, and in one case in the
country it goes
back to the eighteenth
century.
"The papers received are
very voluminous
ol

common

the

company has

"There
This

is,

matter

erally

not

yet had

however,

nothing

has

been

speaking,

makes

an

the position

cppoitunity
about

new

pending

and

of

the

in

of

that

have

substantial

The

been

items

of

company insists

that

largely in

for

property
Public

is

concerned

has

per

275,514

been

is'that

and

it

as

is

it

comes

to

the writing

of

so

may

and

provide

ordered

a

vehicle

.written

that the

the State of

for

off.

value

of

such

New

contesting

HietSupi;cme Fourt of ihe Unit«}

of

the

Court

of

Supreme Court

matter, but

each

be

and

charged.

everv

.a

Net

we

of

that

<>anno*

decision

of

Statees,

by the Board of Public
of the State of
Jersey short of a decision
Errors and Appeals of this
State, and perhaos the
the United States.

are

prepared

to

nor
New

We recognize that
this is

protect




418.500

348,500

1,317.000

64,900

30,000

$136,938

$177,285

11,700

....

of

■;'

34,900

—-r—

$177,285

$399,204

$443,433

$0.38

$0.45

$1.C0

$1,12

160,000
/

90,000

;;

$364,304

$445,432

ex¬

"•

•

post-war

/•:/:-:/;■/

■/

refund

of

excess

1943

contracts.

tEarnings

stock

803,210

2,394,334

2.410,719

Net

ry.

1,199,901

4,588,408

Gross

$0,124

$0.86

share

per

outstanding,

after

based

are

giving

397,806

on

credit

to

post-war

1538.

p,

RR.—Earnings—
1943

income.

oper.

:i;:

1942

1941

$375,855

$355,691

$327,710

80,835

railway$434,599
railway.....
89,002

from

refund of

5,040/692

•

:

$0,363

72.747

58,089

"/

1940

68,934

65,186

56,294

28,029

3,444,911

3,186,001

2.836,349

2,659/318

403,245

591,293

.

.

236,942

434,278

361,237
206,628

"48,045

.

January 1—railway...Net from railway-

:

Net.

$0,330

$1,843,600/(1942 $1,268,800).

-V.

from

ry.

income

oper.

/Loss.—V. 158,

158,

.

/

183,440

1538.

p.

,

,,

year

by

is

airlines

air

This

in

was

June

of

first

this

six

The

Express

of

increase,

an

air

cargo

months

of

marked

up

was

30'V

up

this

.

to

Railway

of

48.7'//

more

gross

revenue

period,-:—V. 158,

June

over

'•/;

.

increase of

an

'

the

that

the

six-month

"The

for

that

year

were

by .the

sidiaries," he stated.—V. 158, p. 1075.

Co.—'Equipment

that

110

from

W.

Edward

Scheer.

approved

and

struction

in

caboose

posite

the
the

1,000

cars,

gondola

5,400-h.p.

Corp.

cn

ry.

Gross

55-ton

The

cars.

shops

Board

at

composite
WPB

that

announces

Production

coal

also

has

the

and

cars

directors

Pa.,

authorized

of

1,000

the

schedule forward,

the

Scheer

the

estimated

,

total

.

of

cost

stated

ended

in

that

purchase

Sept.

1943,

30,
in

like

the

the

new

five

The

in

1942.—V.

158, p.

amounted

period

of

company

to

$8,371,387,

.1942,

was

not

1771/

as

decrease

a

nine

sales

"■Net

•/

profit

Outstdg.

liable, for

19')..

excess

Earn, per com.

"After

all

tAfter

further

profits

,

■

-••V.

///- V.

after

law were arbitrary and
contemplation of law, a
,

Ry.

-Earnings-

1942

1941

$404,954
56.127

income....

170,043

255,046

96,970

28,104

12,317,960

5,640,644

6,597.051

8,791,283
3,974,165

1,937,696

5,281,959
1,670.173

2,097,188

2,540,581

1,363,616

1,139,279

income

1383.

p.

made

was

Sales

Off

196,737

t935.652

// 607,509
400,000

$0.73

and estimated

408,829

$0.42

Federal

$2.04

income

and

$1.33

excess

:■

158, p.

Dec.

on

10, (last year.

1943—Month—1942

/-

1943—9 Mos.—1942

g

/■_."■/

'

''"'•/ g

97,976,998 625,832,359 656.294,699

1477.

-

■

.

M •'/•//:J-:
1943

"

charges but

before Federal taxes...--,,. $335,862
Net after Federal
taxes——201,067 /•>
Earnings per share —.——v——
$0.29
—V. 158, p., 776.
•/./

1942

1943

1942

i—

earnings

Net

—V.

30—

$569,967

$521,236

taxes.

444,143

416,872

$125,824

$104,364

60,888

and

expenses

62,028

_./

deductions

Provision

for

/

Federal

income

taxes../.--;

12,000

158,

9,100

$52,936

income

$33,236

1284.

p.

Sharp & Dolime, Inc.—To Pay 25-Cent Dividend—

a

;

Co,—Earnings—
Sept,

earnings

Operating

profits

for Federal taxes amounting to $3,553,690 and
for contingencies.—V, 158, p. 1283.

reserve

Sept. 30—

-

9.7%—

88,440,541

Net

$25,340,111

400,000

1940

4

135,353

oper.

Interest

1943—9 Mos.—1942

Richmond Radiator Co.—Earnings—
Net

in

$542,299

Seattle Gas

The
per

9 Mos. End.

with

and

1383..

p.

535,359

Quarter Ended

taxes

339,035,847

336,867

share...--

reserve

fact

158,

Included

S8,882,668

shares.,408,829

charges

taxes.

accordance

in

$1,041,726

Period End. Oct. 31—

with

Co.—Earnings—

$15,841,523

its

ground

547,70(5

disbursement

Gross

1943—3 Mos.—1942

/://

com.

in

1943

Sales

months

compared

of

the

on

$1,232,558

October

equipment. at

the

/-//Zw

Rheem Manufacturing
Net

act

to

constituted,

railway.:.,.//
railway.--;/:/.

158,

extra

charges for the first nine months of 1943 were provisions for a
increase in wages of $4,000,000 and -for excess profits taxes,

$3,500,000.

court

emergency

directors have declared
aii
extra dividend of $1.25
per share
the usual quarterly dividend of 75 cents
per share on the common
stock, both payable Dec, 10 to holders of record Nov. 12,
A similar

;;.:„

for

company

time

said

ami

possible
of

the

-'g
of

the

The

com¬

of

within

Safeway,which

y

income

net.

by

by

Sears, Roebuck & Co,—Extra Distribution

con¬

8-wheel

70-ton

,,

the

petition

a

protests."—V.

from

rv.

have

the

50

Emergency Court

act

roil way/.._,.

oper.

from

—V.

Authorized-

authorized

Reading,

to

January 1—

Net

"

,

diesel electric freight locomotives from the Electro-Motive
which delivery is expected the last quarter of 1944 unless the

WPB moves

Mr.

President,

War

company's

,

States

railway^./;////

from

From

exces¬

its. sub¬

company, or

Expenditures

in

SeptemberGross

Net

Net'

Reading

United

St. Louis Brownsville & Mexico

by the. Government

realized

the

not

was

and
the

of

Net

has been advised

company

to

Administrator fails

dismissed

were

administrator

denial

stockholders.

profits

raised

was

appeal

capricious

/

Earnings of $719,113, or $2.80 per common shave, for the year ended
May 31, 1943, were unchanged by contract
.renegotiation, which lias
concluded, according to Lawrence K. Marshall, President, in a

sive

issue

an

Price

law.

permitted, until the Price Administrator had
denied the protest in whole or in
part.
/
Attorneys for Safeway contended that the "failure and refusal of

.been

to

by.

complaints

'.„/'

47',/ for the

when

The.

8.8^, while

up

its complaint

Appeals

Raytheon Mfg. Co.—Renegotiation Ends—

letter

Supreme Court was asked Now: 9 to decide"; whether
protesting Office of Price Administration regulations has

carry

required

year,

1852.

p.

S.

right to

of

Express

13,775,096 pounds of air
express were handled, compared
with 8.791,635 pounds in the 1942
period, an increase of 56.6').
Shipments totaled 721,176, up 6.5//

while

U.

company

a

express, ship¬

amounted

division

express

air

Shipments for the.month totaled 125,033,

ago.

the

records/ weight of

nation's

reports the

announced.

revenue

In

Air

a

monthly

the

tons,

it

Agency, Inc.-—Record

previous

carried

gross

directors

share

holders
March
cents

of

31.

on

Nov.

on

the

on

record

last,

March

Nov.

which

declared

5

common

stock,

19.

A

compares

17, 1942, and

dividend

a

no

par

similar
with

15

(No.

cents

on

initial of 20 cents

an

34,695

•

$0.05

...

5)

of

25

Dec.

10,

1942,

March 1,

on

»

cents

value, payable Dec. 10
distribution
was
made

$57,895

—

the

Ritter Co., Iuc.-

a

serious

rights of the stockholders

-Earnings—

Period End. Sept. 30—

prop¬

Thi.i

item

The

Utility Commissioners

421,500

from

6,999,128

—

war

Express

all

1,302

Agency,

to
on

25

1941

/

New Director—
Phillip

Wallace

director.—V.

Fed.

$820,237

inc.

&

taxes,
Net

exc.

etc.

per

of

158, p.

Drinker,

Biddle

&

680.

Heath,

has

been

elected

a

1942

:

/■/■

Shell Union Oil Corp.

1943—9 Mos ■ —1942

$2,627,718

$1, 927,375

722,973
'

588,250

2,297,250

1,687,900

$97,262

—

com.

$676,639

profits

profit Z

Earns,

z',:

;

1943—3 Mos.—1942

-Profit

Jersey.

property of this company
by the Federal Power Commission short
of a

be confiscated

104.800

722,000

capital

off

costs, and so far as the electric
determined to be by the Board of

can

will

be

139,400

116,500

con¬

an

"However, in order that the business of the
company may normally
proceed without interruption of
dividends, the company is preparing ttf
set up a capital
surplus fund of a substantial
amount against which
such
items, if any, as hereafter determined

fund

$2,270,932

September—

7,435,020

.

Breaking

of

Gen¬

19,996,006

$1,294,304

share—

Rutland

9,585,000

share

com.

after post

ments

accounts

1937.

the book

been

Utility Commissions

has

since

18,732,498

$1,034,085

Safeway Stores, Inc.—Acts to Test OPA Rules—

them

of

7,487,763

$457,738

tax

its

of

1,728,030

stock

com.

Railway

entirely different matter
books
today clearly represent the actual

its

excess of

When

that

cof! u!X.,of its, various properties,
is

erties

read

such, although in the
objecting to certain reclassi¬

suggested.
assets

management

to

negotiation

legal objection to reclassification
negotiations it has taken the position of
fications

even

reclassification

company

no

the

7,096,864

surtax

:

per

that

2,003.111

1538.

p.

many

and

1943—9 Mos.—1942/

$8,521,848 $20,026,803 $22,266,938
'
/

tax.—

refund

2,516.231
788,202

Period End. Sept. 30—

attempt by governmental agencies to
originally paid by the first owner for

1943—3 Mos.—1942

$148,638

shares

4,424.600

plant

actual

513,845

.

Public

or

568,857

From

•

not

65,078

_

inc.

refunding.—V. 158,

585.000

467,164

dividends

$758,284

——

Government

'2,391,153

1,448,900

—

$816,203

profits - tax.
tCompanv be¬
profits on Government business are not excessive,
and that the provision for wartime
contingencies is sufficient to cover
any possible refunds that may result from renegotiation of its
1943

112,217,142

927,302

income

Earns,

reclassification

plant.

theory

cost

received

Jersey dealing with

and

all

just

and

"Excluding

lieves

136,477,537

tax...

792,615

$92,703

20,314

exp.

wartime

profits

Total
JEarns.

9 Mos—1942

•

66,449,486

profits

882,461

'

47,042,070 218,240,901

tax & surtax

$10,3.90,344

company
in reference to the matters
therein referred to:
Electric

for

"Earnings

&

-

88,177

:

/

tingencies

1;

gen.

sell.

—__

exc.

He

Seivice

3.072,977

154,07.9

Co.—Earnings—

profits

tProv.

■approximately $8,500,000.

McCarter, Chairman of the Board,
following statement as the position of the

Public

3,289,931

/ 342,998;

369,502

$7,554,602

tax

Excess

during. 1942were

'77,239,534

;

•

Preferred

particularity the

relies."

Thomas N.
the

$4,623,876

1771.

goods sold,

Normal

on

Gross

operat¬

in
substance the
company has been
should not eliminate immediately
$53"write-ups and inflation" from its plant
accounts and'submit
plans for
the gradual elimination of
$14,789,314, representing "the
difference between purchase cost
and original cost of acquired
prop¬
erties."

ordered

$4,988,595

$4,630,721

$48,445

Profit

$1.35* per share on
holders-of record

Distributions

,

patents..—

norm,

Fed.

utility properties of the company as of Jan. 1, 1938.
'
"Recognition// it said, "must be given to the additional
$37,285,145
of adjustments
relating to gas .plant, which brings the total adjust-/
to

6,845

$523,878

$572,026

sales

Cost of

common

meats

4,600

,

to

1

made

1943- -3 Mos.—1942

expenses

of

Interest

than

c-how

by

$4,993,195

615

.

devel,,

Amort,

for

'

ordered

8

to

period

America—Earnings—

(13,881,016 shares)

Power

amounts

490,000

Public Service Electric & Gas Co.—FPC Acts
to Com¬
pel Company to Cut Plant Accounts $67,893,724—Show
Cause Order Calls for Elimination of

Federal

1943—9 Mos.—1942—

$524,493

-

of

Dec.

were,

1771.

Sept. 30—

goods sold,

tNet

The

1943

;

payable

cents

Sept., 1,

p.

158,

declared

par

and

March

sources

of

Net

249,464

$1,782,596

tions—

$2,339,631
emergency

outstanding.—V. 158,

Corp.—Earnings-

rev...

Period End. Sept. 30—

gross income from

oper.,

'.

237,767

1862.

p.

of

company's

stock

(Including Wholly Owned Subsidiary. Companies)

and

'

150,000

——

oper.

Ruberoid

and

income

corresponding

158, p.

(/:///

/

Federal

Oct.

for

charges

:.//

-

provision

—V.

(Including Domestic Subsidiaries)

Bal.
income

charge

a

the

$1.58

2,241,436

debt^

utility plant acquisition adjustments.
Rundry fiiccme deductions

Net

of

$572,026

operating income
Net income —/IZ:Z

Post-war

6,752,468

$4,428,500

of

Provision lor Federal

law, while

common

1943—Month—1942

—

Net

771,476

before

4

ol'

Radio Corp. of

Fed.

Interest

current

amortization

shares of

Sept, 30—

revenues

depre., less other

stock,

as

all

$5,041,878

_

the

Oct. 3;'42

$2.11

with $2,715,624

Nov.

Payments

80

Cost

1942

7,642,504

—

of

Operating
revenues
Operating expenses/.... /
Operating taxes/

.

772:476

Common Dividend— /•

on

The

163,220

earnings
long-term

basis

for
special
$On 1,023,662

Period End.

Operating

$1,629,326 i $1,219,025

:-■■/•;//,■///''

common

Nov.

Of

by

1943

income

Total net

fuel,

would

generating

$0.48

the

compares

directors

March

$12,684,382 $11,180,968

../.,_/

$0.67

excess

Rochester Telephone

dividends

dividends

as

"

earnings ;•/ .:..//_■

steam

771,476

depreciation, Federal
minority interests.
'

for

Depreciation
Net

.

and

1764.

p.

$0.62

1942.

Total

......

1888,357

$2.66

common—

income

a

—40 Weeks Ended—

$370,114

interest,

To Pay $1.35

Co,—Earnings—

operating revenues..j__:.
Operating exps. and taxes (exfci, of Fed.

of

amounts

energy which

company's

$

12 Months Ended

the

011

made

facilities.

firm

-

on

$5,557,488

"2,927,091
share

per

Federal

—

Period End.

Gross

of

772,476

profits

The

158,. p. 679.

rortlaiid General Electric

kilowatts

$15,411,287

——

profits taxes of $9,373,900 and
special five-year amortization of war facilities
amounting to $3,110,296,
over and above normal
depreciation on these facilities.
tFrovislon for
Federal income and excess
profits taxes amounted to $2,329,500 as

Bonneville.

Oct. 3, "42 Oct.9. '43

$481,689

share-/—.

per

$3,967,054

on

assets.

of

payment

/..

par)

After

of

file

will

premised

preference

for. the

if

and

30,000

substantial

the

.

A preference stock and for its
retirement.
The balance,
become available for the benefit of the holders of the

will

A

which

$290,094

amount

"After

'

1942

amortiza¬

after

JEarnings

Uncollectible

profits of

on

subsidiaries

returns

months

income

Consolidated

returns

this

net

deduction

10,387

being filed, it, is not considered that the companies re
for Federal excess profits taxes.
(2) The consolidated net income for the nine months ended
Sept. 30,
1943. includes $299,441 which represents the
proportion of the com¬
bined net income of certain subsidiaries
attributable to those shares

on

(no

162,386

liable

of

saving
in

Oct. 9,'43

469,653

42,110

the rate

profits

of

Shares of common stock

-2-::

corporation

excess

Net

1943

special
emergency facilities—

of

revised

the

1862.

p.

490.415

coin., stock¬

at.

tion

Depart¬

Purity Bakeries Corp, (&
Subs.)^Earmi)gs--

Earnings

Federal

158,

*'Consol.

834,255

computed

in

produced

114.035

$1,051,807
for

was

purchase

with

—12 Weeks Ended—

•

1943,

be

to

$1,687,123

subsidiary..,..

Provision

Sept. 30,

Gas

was

contract

one-year

electricity purchased will replace

as

have

plants.—V.

excess

Notes—(1)
ended

especially oil,

efforts

62,104

taxes—

applic,. to

company's

$2,481,554

——

pref. stocks for subs..._

minor

a

the

otherwise

203,269

amortization

income

on

income

net

holders

244,225

minority stockholders:

Dividends accrued
Portion

and

the

we

491,277

interest earned

true of

Subs.)—Earnings—'

•>v9 Mos. End. Sept. 30—//.
earns,
before taxes and

Net

$1,483,854

—

/;,///....—

less

expense,

is

same

Reynolds Metals. Co. (<fc
'•

,

1943

con¬

107,298

§2.237.329

—

income'/.//

Total

Interest

1

—

a kilowatt., hour
39.14largely' if not altogether, due
its work-well, and it has not : failed

The

has entered a
Administration for the

tinues

332,109

125,014

—

—-

of

performed

power at $17.50 per kilowatt year, with
dump energy at 2.5 mills,
kilowatt hour,
President Frank McLaughlin said the contract

86,710

334.741

.....

federal and State payroll taxes—

Operating profit

Harbor

has

company

Power

$26,059,931

admin, expenses—

Property, franchise and other

It

Tuget Sound Power & Light Co.—Contract—

—

.

Department of this company .has had

Pearl

Monday, November 15,

///z Jy.fi /■'■-•?■

:

-

take

The

9. Months Ended Sept. 30—
Rales and operating revernies—

Belling,

so,

will have to divert our
energies to; the extent "required
for the hearings and the hearings
themselves, that
place and the litigation that will'be involved iiv this
matter,':
There seems to be no peace for
public utilities, in this country.
' '
"The whole matter is beyond human
understanding;"—V. 158, p. 1862./

will

Pittston Co. (& Subs.) —Earnings

Cost of sales

to do

power

in this great crisis.

Now

ment.

our

by the preparation

..

.///:• //:'/////-.-

1381.

p.

since
work.

war

the country

.

railway——

oper.

158,

to

39,498. V /;.: 33.963

54,688
31,007

Electric

increase

$123,154'

$98,392

26,520

/• Prom January l-V
Gross

1940

1941

$115,998

'

it lies within

as

"The

1942

1043
$140,242

Gross

far

so

Pittsburgh & Shawmi.it RR.- -Earnings-

$88,389
..$0.42

$330,468

$239,475

$0.48

share-

'

$1.71'

$1.10

..

*

After reserves and other charges.
Shipments during the third quarter of 1943 exceeded those for the
corresponding quarter of 1942 by 23.78'.). The shipments made during
the first nine months exceeded those for the same
period of last year
by

50.530
Current

cash

hand

011

Current

amounted
in

liabilities,

amounted

operating earnings
"Costs, selling and general

to

banks

to

and

including

$3,263,441,

a

$6,613,4.39

011

Government

Sept.

30,

securities

1943
of

provision for Federal and
of 2.03 to 1.—'V: 158,

ratio

including
$3,589,296.

other
p.

taxes,

1075.

Subs.)—Earnings—
1943

405,902 $84,012,298
/

expenses..

73,332,747

for
depreciation, depletion, intan¬
gible devel. exps., amort, and abandonments..^.

on
funded debt, together with
of discount,and expense^.......—
Provision for Federal income taxes.

60,497,027

10.611,904

Provisions

Interest

10,064,095

amort.

737,222.

;

7,950,000

-

Prov.

for post-war

adjust, and other conting, ;,.

A

Net

income

Earnings

per

for

9 Months Ended

•Net

....

common

Earnings

per

$7,774,023

stock.

$0.58

Sept. 30—

1943

Income

^

share of

—V. 158, p. 584.

755,483

8.155,000

3,000,000
-

period.—/--

share of

,

assets

(&

3 Mohths Ended Sept. 30—

Gross

common

stock---.

$4,540,694
80.35
1942

$18,209,223 $11,768,643',
$1,35

$0.90

Volume

Co.—Earnings—

Sioux City Service

.The

$577,122

account

799,136

497,958

$72,981

$79,165

Dec.

3

and. taxes„_..J„

•Operating' expenses

1942

$872,117

Operating revenues

Drl.ltiG

earnings

from

operations

—:

.

income- net

Net

income

$47,246

/./:Zr.Z—

Federal

•Includes

30,212

25,738

Interest .charges

and', state- income

share

per

Sylvania Electric Products, Inc.—Earnings, Etc.—
Net

on

the $5.50 cumulative 2nd preferred stock/

of

"Sales

products

40

stock,

each

cents

March

on

or

50

cents

share

per

on

June

10

10,

1943.

in

are

Period Ended Sept. 30—

Gi'O'-s

leased

and

space

40V since-Jan.

taxes, etc

expenses,

Spiegel, Inc.—October Sales Off-

1943—9 Mos,— 1942

1S43—3 Mos.—1042
'

Operating income
P'lVcs',, int., & other inc.

Period End. Oct. 31

24,009,943

24,031,993

—V.

$3,626,834 $11,396,560 $10,368,449
1,545,718
1,210,050
241,886

$4,258,596
587,817

158,

XT

143,563

135,898

48,876

45,482

r

serial

for

and

'

notes

Provision

106,146

302,688

3,841,951

3,692,433

100,896

!.:■

•

•

■

properties, -etc-.'.— .'

oil

&

54.6.000

628,367

186,000

207,942

Net;

income.

■;

Prov.

inc.

lor

profits

co s

and

sales

Cost

$6,873,002

$8,033,374

$2,261,533

of

542.800

4,168,800

2,945,800

$1,718,733

$3,864,574

$3,927,202

981,348

981,348

$1.75

$3.93

981,348
$4.00

1.849.600

'

$

$

;45,519,643

.

facilities

or

';;

1941

common

,share_._..,^

t$1.13

'"$1.02

>

/

shares.

common

income

on

•$1.41

for

the

nine

months

Federal

faxes

on
income was
income was $1,416,110.

on

$2,052,335

and

provision

for

Federal

Provision has been made for possible
earnings of renegotiation of the corporation's war contracts.
The outcome
of
renegotiation, covering 1943 operations cannot, ac¬
cording to the report, be accurately foreseen and may give rise to
on

further.: adjustments.

$

-

New Plant—

$

-'-v

94,667,993

The

corporation announces that a
radio tube parts has been acquired at

73,218,639

6,767,651

5.773,560

18,993,811

3,992.634

15.564,571

10,788.734

,212,616

137,375

624,547

in

427.819

production.—V.

158, p.

plant

new

for

manufacture

of

Wakefield, Mass., and is already

1384.

19,377.945

4,657.946

expS.

gen;

per

ton 854,474

effect

1943—9 Mos.—1942

25,404,518

1942

$41,827,947 $21,626,283 $14,752,540
1,005.697
636.225
837,759

a.

taxes

taxes

35,170,712 129,226 376 103,385.317

goods sold/—r-- : 84,094,047
adv./ adm.
&

Selling,

ex-

taxes..-.—

1943—3 Mos.—1942-

..

Net
■,

'

Period End. Sept. 30—

■

-gas

undevel.

owned

Sept, 30,. 1943, amounted to $4,469,777. Provision for Federal taxes
on
income, after deducting a post-war refund of $335,230 in
1943,
was
$3,464,080.
In the corresponding period of 1942, income before

Subsidiaries)

(including Domestic

-

Cancellations and write¬
of

}..://

•On 514,368 common shares,

Standard Brands, Inc.—Earnings—

and

offs

lino

our

to

323,501

1,266.105

_/..

depl.

for the

those

items new to

Government

Note—Income before Federal

Squibb & Sons—Transfer Agent—

.

depreciation

exceeded

1943

Earnings

NewYork has been appointed transfer
agent, for the $4.25 cumulative preferred stock, series B.
The Chase National Bank of the City of New York has been ap¬
pointed registrar, for the $4.25 cumulative preferred stock, series B.
.^■V, 158, p. 1863.
r
\ '
.
"
'

Int. and amort, of disct.
and cxp. on debs,

with

,

profit

1478.'

p.

(E. R.)

income....

Non-opor. charges /.,/./

equipped

sales

Net

/-The,Guaranty Trust Co; of

Total

,

Net

1943—Month—1942 /'/ 1943—10 Mos.—1942
$2,850,824
$4,577,091 $23,559,511 $33,044,012

—

Sales ~ZZ~-/-i./-/_//.://

,

8,231.378

8,895,284

-

Sept. 30

Earnings for 9 Months Ended Sept. 30

income $13,153,880 $11,858,212 $35,428,553 $34,378,392

operating

to

general those manufactured in peace time, there have

jSkcIly Oil Co. (& Subs.)—Earnings-

Costs, oper; and general

mouths

equipment transferred from primary plants. The corporation has made
effective
use
of
sub-contracting wherever practical."
The
number
of employees on Sept. 30 was
approximately 14.500, an increase of

Payments in 1942
10, 50 cents, each;

Sept.

and

indirectly,"

in

payable Dec. 10.to holders of record
made on Sept. 10, last, as against

and

nine

of

1942 by 93'/, and net earnings increased 58'/^. '
continue to be very largely for war use directly
Noel E, Keeler, Treasurer, states.
"While most of the -.

157, p. 1854.

40 cents—V.

10,

of

the

year

engineering staffs. Manufac¬
turing capacity has been expanded during the year by the addition of /
several
branch plants
producing parts or ...^'.-assemblies' in. areas
affording suitable labor.
These units are for the most part houseci

was

June

10

10,

March

follows:

as

and Dec.

dividend

a

par value,

no

A-similar distribution

20.

were

declared

have

directors

common

for

this

been many new types and applications and some
have been developed by our research and

$4.12Va

to

Spencer Kellogg" & Sons, Inc.—50-Cent Dividend—

Nov.

sales

comparable period

on

1,' last.* Accruals as of Sept. 1/ 1943, amounted
share on the'2nd-preferred stock.—V. 158, p. 778. -

the

493.

158, p.

holders

to

$1.37 la

1st preferred stock, no par value, both payable
record Nov. 23.
Like amounts were disbursed

$5.50 cumulative
1

of

the regular quarterly dividend of like amount

value/ and

The

$47,787

.

$92,507

taxes.,-, v—

pf accumulations on

dividend

a

$77,999

$72,984

earnings

directors

.par

por
Net

declared

have

oii Sept,

no

the
Net

Other

1943

Spear & Co.—Accumulated 2nd Preferred Dividend—

}

1943;

30—

Months Ended Sept.

12

THE COMMERCIAL & FINANCIAL CHRONICLE

Number 4229

158

/

Symington-Gould Corp.—25-Cent Distribution—
Net income for

period
Shares common, otiistdg.
Net,

per

—V.

981.348

share.

common

$1.32

,

Net

'profit .fr.' opers.Z

Gross

income

4,870,561

i-_

'

charges ■_-//

Income

South Carolina Power' Co.—EarningsGross

Operating
General

~

§622.274

$541,057

$G,97*i!,097

237,944

3,524.526

2,642,763

43,446

41,652

523,980

133,845

168,274

1

taxes

Gross

11,216,553

297.160

109,119

288,014

874,351

With

$1,221,426

$93,186

$91,336

income './.

1

etc.,

54,736

653,817

10,789,367

3,586,940

3,574,234

Western

tax__

1,440,622

1,416,071

5,444,664

2,390,418

succeeded by Clem H. Franks.
in April of this year,—V. 142,

Gustave

1,959,837

"'^,143,687

for"

6,860,356

$38,542

$38,450

$567,608

§494,567

14,286

14,286

171,438

171,438

Balance

income/_

of.

V.

—

pfd. stock
158, p. 1539.
on

inc.

Net

—V.

per

158, p.

.1,500,000

The

be

paid

1.

Dec.

on

5.860.356

cumulative

Electric

1, 1954, in an amount equal
This payment is on account
payable to registered holders
of Nov. 20, 1943.—V. 157, p. 1092.
/
,

interest

of ,the bonds as

in

and

arrears

225,000

450,000

675.000

675,000

$0.61

$0.55

$1.96

_

output

of

public

the

compared

kwh.,

197,483.000

corresponding week last

as

year,

,

Opera ting
Noil-oper.
Other

2,477.885

expenses/--/,
Depreciation expense

'

taxes aim licenses

Net

;

—

exc.

profits

ineotne

$1,596,245

$8,096,194
r,

/

$3,742,348
2,392

Deprec.,
Int.

16,628

-

5.946

81,184

263.791

tax

1,919,933

1,082.310

5,920.071

46,421

52,964

174,687

18,422

85.938

depl. & amort,/

income

251.698>

$355,419

$1,64-1,700

8973,00!)

91,783

575,342

188,128

$700,989

$447,201

$2,217,043

$2.56

$1.62

$8.06

Earnings per com. share
-V. 158, p. 1675.

$4.17

Co.—Public Invitation for

Company is inviting proposals for the purchase
bonds, series due Nov. 1, 1968.

—V. ■158/ p.

tax'-'

.'

•

'

share-.//

1863.'

'

.'

://■/'

■

3.162.000

.6.300.000

:

$0.63

$2.00

Southern Pacific Co.

The

$1.65

Month
•«.••••.

.

Ry. oper. revenues'..

231 So. La Salle
16.—V. 158, p. 1772.

1942

.

1943—9 Mos.—1942' $!

g

$

44,785.553 443,092.290 329.077,408
23,648,806 255.965,014 195,947,803

49,164,069

Ry. oper. expenses

29.135,587

21,136.746 187,127.276 133,129,605

2 Oi, 029,082

from ry. oper.

9,104.685 102,415.414
1.762-.537
17,008,459

12,249,419

Ry. tax accruals- .-/
Equip, rents <net>„.
jt. inch. rents.i.net);...1

1.870,162

54,124,623
13,427.288
851,985

132,439

155,186

1.118,968

5.777.063

10,114.339

66,584,435

with

Natural

distribution

the

Gas Co.

itself
be

violation

of .said

the

of

Distribution

honored, for

Standard

order

Co.

share

Oil

15,

(N.

Co.
order

Standard

to

Gas

full

of

in

that

Exchange

Oil

Like

J.)
to

16.

Total

721,871

6,645,318

on

10.836,210

73.229,752

Net,

profit

after

37,118

540,591

551,130

.

2,243.507
-

income

>~V.

2,373.777

20,460,222

2.898

2,766

25,761

24,514

4,586,021

charges—ZZ

Net/earnings
/

•After

8,422,549

52,203,179

21,597,639

Earnings—
End. Oct. 31
1942

1943
S

Period—

;

$

8,757,501.

8,584,584

■"/
—Jan/1 to Oct. 31-—
\

1943
S

'

f

-

1942
' I

* 1

^

'

.

84,294,260
$5.08

$3,525,530
$4.07

-

taxes.

the

first

nine

for

per

share

on

like

A

corporation has issued an invitation for. tenders to the holders
preferred stock. Tenders are to be filed with the Chemical
Co,, New York, N. Y.', on or before Dec. 3/ 1943. The.
totice .authorized by a resolution. of the board' states "that subject
first

right of the board to reject all or any . part of the tenders
t is the present intention of the board, if . the prices at which the
hares are tendered are deemed by the board satisfactory, to purchase

the aggregate cost of, approxi-

nately $100,000.",
.- ...
•
' •
'.
During" the fiscal year ended Oct. 31, 1943, the letter points out,
he company purchased '2.340 shares of first preferred at , an average
irice of §26 per share, which shares have been retired and there

shares of such stock.—V. 158, p. 4J4,




and

a

stock,

par

payable

paid
15

Dec.

stock

quarterly

dividend of110 cent,9
and the usual quarterly
$1.40 convertible preferred
holders of record Nov. 26.

SI,

the

on

15

March

on

and

to

15,

June

during, 1942

Sept. .15,

15

15

and

were

cents

as

each;

Sept. 15, last.
follows; March

and

months
same

of

1943

was

The

Sept. 30—

1943

1942

$7,629,563

$1.98

$3.16

1942,

1941

cap.

and

taxes

and

all

other

1940 after estimated income and

period of 1942.

miles

158, p. 586/

with

month

last

i

1

Months

9

Prov.

Net

of

on

! the

conimon

10.

Nov.

A

slock,

"similar

par

payable

$5,

distribution

was

Distribution

Dec.

made

1

on

of

25

to

—

cents

holders of

June

1,

share

and' interest.Payment will be made at The Chase National Bank
City of- New/York, trustee, 11 Broad St., New York, N. Y.
The
privilege of : converting the debentures into
expires at the close of business on Dec. 24, 1933.—-V.

Provision for income

■

per

Per share of
—V.

~—

stock/—!.

common

158, p. 681.

•

-

1677.

v

prof. tax.

1942

1941

on

-

$2,459,061

$864,302

1.954,250

1,654,995

228,m

8903,068

$804,066

$636,128

468,283 snares
$1.73

stock

interest,

deprecation

taxes.—V.

158,

and
p.

other

charges,

$1.52

but

before

$1.10

provi¬

495.

a

.

of

a

conservative dividend program for

at

a

of the fiscal year,

end

this company

few months is probable, Frank F/Kolbe/ President, stated on

meeting of stockholders.
"Indications are that dividends will at

Oct/29

least be inaugurated .hy the

July 31, 1944," he declared.

said earnings this year are running a little ahead of last;
year.
The company has reduced its total bank loans, tax liabilities
and land commitments from $1,500,000 on July 31, 1943, to -Sl,100,000
; Mr. Kolbe

at the present

said

He

firm's

the

time, Mr. Kolbe said.
company's policy in the future will be to reduce th^
still further so the company's debt will be down to

liabilities

1942
$9,396,015

1,907,347
1,049,041

United Merchants & Manufacturers, Inc.—Annual Re¬

$598,431

$858,306

port—The annual report for the fiscal year 1943 show-)
consolidated net profit of $4,256,656 equivalent to $7.40

1943

and excess

& exc.

a—

share

for Federal

sion

1943

30—

158, p.

(& Subs.)—Earnings—•

2,249,96*0
profits tax—1,651,528

1-^——

Net :profit

of 9'/.—V.

$11,809,175

ZX

sales

profit before taxes

common stock
158, p. 1772.

Subs.)—Earnings—

9 Months Ended Septi 30—

.

gain

a

United Electric Coal Cos.—Dividend Outlook—

of the

Net

miles flown by United Air
Harold Crary, Vice-President in

$2,857,318

profit

within

outstanding 10-year convertible 6'/ debentures due Jan.
1945/ have been called for redemption as of Jan. 3, 1944, at 100

Net

by

on

the

Sullivan Machinery Co. (&

for the

taxes

record

last/and

debentures—

-

9

October, 1942,

inc.

-Inauguration

of

ancl

profits tax.

the company flew .35,058,300 revenue passenger
gains of 3'Z
over
the 34,123,365 recorded in

Ended Sept.

common

•After

per

.am*. Dee. 28, 1942.—V. 158, p. 1675.

Studebaker Corp.—To Redeem

Nov.

:

for Fed.

Earns,

dividend

$2.87

charges,

excess

passenger

revenue

on

for

in

1,891,772

•Profit

a

tor

United Biscuit Co. of America

—

.directors, have declared a dividend of 75 cents per share on
.stock/: par $10/ payable Dec. 1 to holders of record Nov.
distributions were made on March 1, June 1 and Sept.. 1,
Payments during. 1942 were as follows: March 2 and June 1, 95
each; and Sept. 1 and Dec. 1, 75 cents each.—V. 158, p. 1478.

declared

$6,940,599

September of this year and 24'7 over the 28,165,630 revenue passenger
miles of October, 1942.
Airplane '.'-miles totaled 1,940,890 as compared

Similar

Oct. 29

high

announced

was

charge of traffic.
Mr. Crary reported

common

on

10

1940

$$4,786,955

15.

directoVs,

15,

1941

t$4,912,525

the

last.

Dec.

682.

p.

—

sh.

An .all-lime

depletion and amortiza¬
$4,024,385, as compared

Sterling Drug, Inc.—To Pay 75-Cent Dividend

the

remains outstanding 29,602

Vice-President
in
charge of
for 12 years Director of
and Department Store Mer¬

Co.,

United Air Lines Transport Corp.—New Record—

.

deducting' post-war

tAfter

depreciation,

Adams, Oil & Gas Co. above.—V.

June 30

Inc.—Invites Tenders—•

the. first preferred stock to

Magazine,

share

common

June

158,

profit

J""'

& Trust

iqw

/.$103,653,092 398,378.075
9,790,030 14,001.460
6,264.500
9,707,200

Acquisition—

.

273,859,73^.; ?2^7l3;309

The

hares of

provision

S3,226,105 for the

1,

o

V.

Lines

total

for

Ail

(A. G.) Spalding & Bros.,
f its

per

Nov. 23.

1943
period includes S2-.903.700 income tax and $17,233,000 excess*
profits tax computed under the Revenue Act of .1942. An'additional
amount of $2,979,800 has been provided to cover possible contingeneiea
in 1943.
.^Provision for taxes in 1942 includes $2,917,000 income; tax:
and $23,000,000 excess profits tax computed under the Revenue Act of
1942, together with an additional amount of $1,000,000 to cover war
and other contingencies.—V. 158, p. 082,

1942

income..

share

with

158, p. 1772.

lank

on

Stewart-Warner Corp.—25-Cent

10 Days

-V.

record

stk.
$2,03
•After provision for depreciation,

,

Tlie

earnings

cents,

25

General Manager.

declared

9

per

both

were

cents;

Earn,
in

47,587,980

Southern Ry.—Weekly

and

common

cents

the

on

9 Mcs. End.

_■

taxes

..."

;

tion

158, p. 1863.

Iross

"

1943

gasoline and oil

deducting

credits.

cents

of system

charges
and State

for est. Fed.

Earnings per/common

69,761,263

76,369

Contingent, charges
Net

of

Timken Roller Bearing Co.—Earnings—

,

158, p. 1863.

See V.

the record date.

20

Nov.

on

35

$20,

par

"Net-

Co. of Ohio—Earnings-

Standard Oil

5,035,554

6,908,749

income ■//:;/;//

deductions:

fixed

Totel

bo

a

divest

stock, no requests will
stock certificates and/or

pf.'fraCtiohal shares,, in amounts other; than those to
each, stockholder-is entitled, based upon the total shares held

Nine Months Ended Sept. 30—■
■■•Gross operating, into.me/

See

Miscell.

dividend

a

14 to holders of

Fastener

Slide

the

on

amounts

cents.-

has

avoid

to
Co.

Clix

of

Payments

of
1943,

company

lieu

in

the close of business

at

1943,

Natural

issuance

the.

above

the

capital stock on or about Dec.

SEC's

Consolidated

by

64.725,709

1.131,731

:

inc
Other income .inch clivs.
oper.

President

directors

dividend

to. holders of', record Nov., 15.
notified the New York Stock

Note—The

ry.

declared

payable Dec.

Mademoiselle

the

share

per

■

Earnings of Transportation Syst.

1943

Period End. Sept. 30

of

stock,

connection

tProv.

?Nct

will

Tilo Roofing Co., Inc.—10-Cent Common Div.—

$8,131,037 $26,019,626 $21,455,073

$0.84

for

manager

sales

8.534,000

15,400.000

Standard Oil Co. (New Jersey)—Re Stock
In

from it of $5,500,000

proposals must be presented to the company at

St., Chicago/before 10 a.m. CWT on Nov.

..

have

stock,

'Including post-war tax credit of $1,723,300. Provision for

first mortgage

ry.

of. this

and

Vice-President;

3529.

p.

Advertising, Sales Promotion; Publicity
chandising for American Viscose Corp.

Purchase of $5,500,000 Bonds—

Net

President

health
elected

nationally once war conditions permit.
Spooner resigned his position as Sales Manager of the Linden
to assume his new duties with Textron,i Inc.
Prior to his
association
with
the. Linden
Hill Corp..
he was1 national accounts

16,339,627
711,938

21.875,591
711,938

6.098,040
237,312

237.313

consoL.net profit $10,882,992

which

All

and
ill

was

Hill Corp.

$17} 182,992 $11,293,037 $41,419,626 $29,989,073
'

checks

Colorado Power

Southern

of

Franks

marketed

2,319,860

191,993

....

1943—9 Mos.—1942

$17,628,389 $64,007,155 $47,040,637

7.821.388

11.1

profit

technical
Net:

.

incomes/-/. $25,241,693

Earnings 'per

'

;.: ..a/

for the
158/p. 1862.

kwh.

17.7',/.—V.

1943—3 Mos.—1942

long-term debt-" VS

on

.Est.

45,177

'■// 22,437

$508,996

refund

director

as

because

Mr.

Mr. Spooner will make his headquarters in the
Empire State Build¬
ing, New- York City, where the corporation recently opened its offices.
Currently, plants of the company, located in Providence, Lowell,
Manchester and Sunpook, N. H., are largely engaged in the manu¬
facture of various textile products
for use by the armed services,
including human escape chutes, cargo chutes, mountain tents, glider
tow
ropes
and jungle hammocks.
Surplus facilities and material,
produced in the company's plants,
are
now
being utilized in the
manufacture of limited quantities of consumer goods which will ba

/

-

„»e,st;j

132,558

8,452

income

Post-war

-.a

Prov/ for 'Fed.' inc.
;

$3,744,739

5.915

.

Consolidated
Net

»

directors

by Royal Little,

the
1943,

inc.—Divs.'.l

misc.

Gross

69,631

tuxes.

167.785,000

6,

94,909

722,535

1,262.505

$8,112,822
26,634

surtax

State

94,905

«

$1,595,762
483

tax

with

increase of

an

in

companies

for the week ended Nov.

$24,480,681 $16,774,927 $61,978,283 $44,815,753
I
189,149
155,140
525.144
537,935
income/./ •
571.863
698,322
1,503,727
1,686,949

income

Total, net

6.205.193

Z

normal

Federal

*

6.295

$2,559,348

Gross income a--./-./
Income deductions/ .a. /

Federal

25,751

$2,553:053

8,424.906
882,468
1,625,471

1,798.630
206,321
390,302

24,178

—/:„_ v//-.

.

Federal

228,724
493,330 :'

'

revenue.:./.

oper.

Other income

resigned
subsidiary

Mr.

oper.

Operating rents, net

Co.

Alden Spooner has been named Vice-President in
charge of
advertising and retail sales promotion, according to an announcement

Standard Oil Co. of California—Earnings-—

„

(& Sub.)—Earnings—.

1943—12 Mos —1942
$4,016,766 $19,123,943 $12,027,490

$5,777,170'

revenues
and malnt.

operating

utility

system

totaled

1943—3 Mos.—1942

Period Ended Sept. 30—

Oper.

681.

p,

Textron, Inc.—New Vice-President—

Period End. Sept. 30—

Total

pay¬

compared

$1.31

'

is

Southeastern Greyhound Lines
Operating

common

similar
as

amount was disbursed on March 31, June 30 and Sept.. 30, last, and on
March 30, June 30, Sept, 28 and Dec. 16, 1942,—V. 158, p. 1077.

3,324,714

Standard Gas & Electric Co.

to the holders of general lien

1943,

collateral trust income bonds due June
1 '/ of the principal amount thereof.

to

of

has

Heding

Electric

the capital

Standard Gas & Electric Co.—Weekly Outputwill

A

John

Southeastern Gas & Water Co.—Interest Payment—

interest

the

on

1942,

Tennessee Corp.—25-Cent Distribution—

1.959,837

stir.-

com.

1477.

158,

20.

4,824,714

2.143.687

Preferred"divs/
income

Net

■-

Dividends

Oct.

on

; Teletype Corp.—New President—

15,891,959

therefrom

and

1942.—V.

21,

674,286

losses;

652,965

April

on

share has been declared
holders of record Nov. 10.

per

to

4,050,194

$1,147,532

52.793

deducts—

cents

22

May. l; last,

i,208,oio

*

Interest,

35

cents

on

4,792,319

;

future inventory

poss.

25

Nov.

made

//_/.

1,000,000

Approp.

47p,554

.

of

payable
was

427,186

foreign

income, taxes
Fed. exc. profits

618,899

717,694

taxes—}■
profits taxes]

excess

&

norm,

16,189.119

79,815

■

460,131

income

Federal

Fed.

$5,636,895

353,645

,■

4,130,010.

78.242

: /

TncomeZ—

Net

1943—12 Mos.—1942

1943-Month—1942

//

expenses
for
deprec.....

Provision

Fed.

a/:..

rev enue

dividend

stock,
ment

158, p. 1675.

Ptriod End, Sept. 30--

A

'

credits

Income

$3.20

$4.59

the

point where operations will be on a sounder basis.—V. 158/p. 1577.

per

share on the 575,174 shares of outstanding common

THE COMMERCIAL & FINANCIAL CHRONICLE

1944

This is

stock.

These

after

deducting all charges, making for¬
eign exchange adjustments, and setting up a reserve for
contingencies of $750,000, on which taxes have been paid.
The

previous

share,

after

year's

setting

working capital

result

up

a

shows

equivalent

$3,787,902,

was

for

reserve

increase

an

contingencies

of

of

to

$6.41

$750,000.

Tenn.,

J. W.

respectively,

The

per

The

tion

$10,394,553.

There

further
In
of

are

to

development

30,

1943

in

United

subsidiary

after

either

country

States.

and

conversion

The

the

on

natural

Argen¬

into

U.

these foreign companies looks promising.
earnings stated above, the corporation's share
earnings in companies not consolidated for the year
of

amounted

to

$109,750.

Depreciation of fixed assets
previous

Dividends

equal

policy

paid

$2

to

dividends

This

does

paid

not

include

Ulync

taxes

tial

increase

discounting
No

mers.

The

in

to

As

past

fiscal

its

replacements
amounted

year

plant

to

to

30

75'/<>

of

been

of

in

An

last

the

the

to

ize

Bal.

pany has in
Conversion
of

our

of

most

ing

clients,

and

confined

against

had

to

mind

in

merchandise

our

We

the

its

if

balance

the

the

materially

1,

and

Net

have

sheet;

these

of

Textile

income

to

such

''

The

they

in¬

were

of

strength

the

company

Def.

felt

it

prudent

U.

divs.

Com.

shares outstanding

to

is intact,

and

renegotiation
this

at

on

mills

our

and

of

ducted

Other

pending.

are

have

on

feel

may

tme,

the

we

While

Years

Ended

June

result

3,076,000

1,308,000

I.

Cash

322,000

on

Tnade

hand,

in

sale

Sheet

at

as

June

502,623

$3,059,096

$3,135,987

$4,109,858

banks

issuance

1,197,939

1,626,309

in

on

transit———

United

States

Other

Util-

and

foreign

.

.

Other

(less

stock

to

$1,938,048

•.

$2,483,549

.

Patents,

goodwill

Total

352,169

for

149,326

177,196
12,434,157

10,408,860

;•

187,163

17,255,722

687,554

and

results

of

_

Eastern

of

Shore Public

income

included

1943,

of

Concord

is

combined

dividend

a

on

64,253

Gas,

disposed

stock.

The

this

dividend

of

in

companies

earnings for

of

shares

foreign

banks.

$4,064,000

crued

of

$192,759

Securities

by

all

($3

expenses, etc.
for
Federal
and

Reserve

Notes

profits

liabilities,

the

5,727,567

income

of

______

for

Minority
of

and

stock,

Exchange
&

Common

stock

Capital

(par

Earned

'

'

"

'

,

since

stock

in

18:006,409

13,871,268

Z)r419,765

132 998

Aug.

1,

1932—...

:

$51,991,052

vIssued

of

as

$7,710,507

in

July 2,

1943

1943.

and

U. S. Treasury tax

&

labor,

of

'

tAfter

$6,255,347

in

$42,298,699

deducting depreciation
1942.

anticipation notes.—V.

United Public Utilities
the

S3

dividend

$2.75 dividend

payable
cents

the

reserve

$After deducting
158, p. 95.

holders

current

of

preferred
made

and

and

of

75

15,

the

on

31,

In

the

share

Federal

the

on

and

one

corporation

of

paid

158.

stockholders

amendment

This
the

from

increased
from

action

the

was

to

January.—V.

special

its

stock

from

surplus

meeting
charter,

cap't°l

that

surplus
also

from

$2

$2,000,000
to

reduced

stockholders
annual

a

company's

reversed

shares

capital

The
of

at

the

capital shares of

thereby

$8,000,000
of

to

taken

from

held

arrearages

to

to

Oct.

on

$10,

the

29

for

value

capital

by

$10

June,
to

$2

1932,

when

being

the

account.

par

an

amendment
held

in

value

changing the

February

_

the

to

two

tire cord

Smith,

pressing
more

need

of

its

production, it

General

for

more

textile
was

tire

mills

from

announced

Manager of the

textile




cord
the

the

date

instead

company

manufacture

late last month

division.

Union

effective

to

of

cents

50

made

be

Oct.

7,

share,

per

this

on

class

Po.stal Telegraph,
dividends

dividends

share

per

Inc.

the

at

be

can

of

The class A

15, last.—V,

$2

the

on

made

were

of

rate

paid

158,

per

class
the

on

B

old

1774.

p.

1943—9 Mos.—1942

$28,960,238 $90,099,209 $90,458,694
"

'

'

21,395,479

67,233.480

2,571,278

2,112,040

7,337.584

6,433,503

1,456,092

1,369,433

4,044,720

3,912,162

3,870.050

64,785.463

deprecia-

'

J

and admin.

.

1,252,482

1,383,401

inc..

231,046

291,983

789,8°0

856.487

accts.

V, 69,553

68,702

203,902

% 222,797

$1,777,203

$2,339,200

$6,619,583

$9,982,620

178.252

155,913

560.391

459,143

$1,955,455

$2,495,113

295,290

300,454

than

doubtf.

________

income

4,265,562

$7,179,974 $10,441,763

charges, includ.

,V

bonds....

on

'905,456

891,408

for Fed. inc. taxes

535,000
for

profits
Net

$48,930

profit
per

% 705.000

2,016,000

2.116,000

(estim.)

282,000

650,000

1,139.000

4,585,000

i—

$843,165

$3,133,566

$2,835,307

Fed.

taxes

158,

The

excess

-

share..

com.

$839,659

$0.68

1774.

p.

6,003

5,362

1,151

1,151

2,963
1,150

*6,366

A

like

last,

•'

,.

$0.68

,

!

K

$3.11

S2.59

-

•

203,439

amount

$76,256

for

Nine

$50,860

Months

$45,262

Dec. 28,

and

March

16.

15

Feb.

on

18.

dividend

a

Nov.

to

of

April

15,

10

holders

15. May 15,

cents

of

per

record

.share

Nov.

5.

June 15 and

16,

15,

May

Aug.
Nov.

1G

Aug.

15,

1942.—V. 158, p. 496.

Woolworth Co.—October Sales Off 3.4%—

$44,816
Period End. Oct. 31—
•/■'V-v.....

Ended

Sept.

and

1943—Month—1942

;.

158, p.

1943—10 Mos.—1942

<|»

§

37,146,005

Federal

equipment—.j_u

■■■■

Sales

1943

30,

—V.

renegotiation

disbursed

was

Co., Inc.—10-Cent Dividend—

declared

4

payable

58,393

contract prices.

war

stork,

Feb.

on

Nov.

on

common

and

and

206,172

directors

the

on

—2—^

••

38,473,914 338,805,415 322,599,576

1580.

<

$928,770

...

Wright-IIargreaves Mines, Ltd.—Smaller Dividend—

22,284

..

3,452

incl.

renegotiation

of

The

contract

war

•

122,780

__

income

569,586
$210,669

...

figures

dividend

a

1943—3 Mos.—1942

profit

Provis.

—V.

$110,167

—

and

with

cents

(ext.)

common

patents—

on

5Q

depletion...

discount

Prov.

1, last.

$261,453

subject

are

renegotiation of

war

to

annual

audit,

end

year

contract prices.—V.

expenses

1943

directors

share

per

funds

recently

on

the

Jan.

on

3

each

stock,

holders

made

were

declared

capital
to

quarters payments of

July

on

Quarterly

a

par

no

of

record

and

2

dividend

of

6'A

payable

in

Canadian

value,

Nov,

Oct,

26.

1,

Distributions

last,

while

10 cents each were made.—V.

158.

ir»
p.

cents

of

7M5

nreceding
400.

adjust¬

(Wm.) Wrigley, Jr., Co.—Declares Three Dividends—

158, p. 683.

1942

$28,542

$29,777

32,033

directors

pavable

1941

1940

20th

•

—

income

$308,437

22,073

$6,077

-

317,380

Jan.

*$422

*$3,943

each.—V.

.

61,070

72,427

44,456

Payments
2,

$78,504

$44,034

$21,319

and

Net

.

amounted

to

and

$43,522

V.

p.

or

for

and

depletion

income

158,

55,288

$26,551

*Loss.

ciation

the

is

nine

after

amounting

excess

declared

April

made

March

cents;

and

25

p.

three

1

to

1

dividends

of

stockholders

of

50

cents

record

each,,

on

the

month.-

during
and

the

May

current
1,

50

year

cents

are

follows:

as

each;

June

1.

25

1774.

cents

extra;

and

Aug.

2

and

Oct.

1,

50

cents

33.190

from

Gross

profits

having

to

on

*$11,872

:

ended

made

$96,635.

taxes

*$11,254

..

months

Sept.

allowance

No

above

indicated

30,
for

provision

1943,
depre¬

made

for

earnings.—

1942

1641.

1140

$2, 765.726

railway.

$3,774,334

$2,181,844

$1,281,648

863.720

2.141,239

1,017.251

404.601

railway.—

Net.fjL loper. income.._
?

RR.—Earnings—

1Q43

September—

51,953

$9,788

profit

already

158,

Net .from

profit

net

1

preceding

Yazoo & Mississippi Valley

other

47,791

Note—The

25

Feb.

each

regular

3

and

Nov.

on

1,

of

30,261

$57,579

_

profit

Dec.

day

$21,651

23,700

*$3,491

—

profit

expenses

230,938

1,794,332

782,336

175,213

28, 301.494

25,078.799

13,830.798

3 0.832.325

11. 296.728

12.556,969

4.856.251

2.899,916

4 ,830,725

9,972,255

3,031,473

956,850

..

from January 1—

Gross
Net

.

Net

from

railway
from railway...

rv.

—V.

income.._

oper.

158,

1385.

p.

496.

of

Walgreen Co.—October Sales Increased 5.8%—
Period End. Oct. 31—
Sales

With

Postal

1940

amortiz.,

contingencies

of

chgs.

Younestown

authorized

meeting so that it may be
158, p. 1385.

excess

of

transferred

United States Rubber
Co.—Reconverts to Tire Cord—
converted

the

on

the

share
record

cents

of

transferrins

$8,000,000

for

results

payable Dec. 15 to holders of record

distribution

Will & Bauiner Candle

buildings

of

Federal
and

of

the

account.

in

deprec.,

of

Operating

authorized

ra~

total

$10,000,000,

per

made

were

on

$1.75

holders

$297,372

Statement

taxes

Total

increasing the

each

share

per

of

to

1941

taxes..

Operating

States Fidelity &
Guaranty Co., Bait.—Trans¬
$8,000,000 from Surplus to Capital Account—

The
an

$1

1

1942

>

Bond interest

the

of

dividend

68%
$1 50

United
fers

dividend

The

1864.

p.

liability

any

23.765.768

income

Interest

Virginia Iron Coal & Coke Co.—Earnings—

Other
of

payments

include

Western

declared

anv

incl. taxes,

other

Gross

taxes,

Co.—Earnings—

3 Mos. End. Sept. 30—
Gross operating revenue

75

stock.

1939.—V.

Federal

1,151

paid

the company

stock

and

and

pre¬

$2 75

No

on

accumulations
of

into

non-cumulative

before

malnt.

gen.

Gross

income

ments

not

April 15, July 15 and Oct.

on

for

for

cents

the

on

distribution

1942,

S3

15

$2.75

represent

March

A

cents

the

on

Dec.

on

24.

share

per

per

sharing

income

on

&

(F. W.)

before

for

Net

1942.

$4.48

7,428

Note—1943

$2.25

$4.21

payable Dec.

Sept.

to

expenses

Prov.

stock

patents

profits

prices

of

do

$31,123,422

and

Taxes,

1941

$2 215 000

of Accruals—

account of

68%

last.

cents

of

$2.06 %

on

Nov.

of

one

while

$1.37'/2

ended

record

and

declarations

quarters

dividend

a

stock

June

on

$2.75 stock,

stock

Corp.—Pays Part

declared

preferred

dividend

a

the

$3

The
three

$3

5

preferred stock, both

to

were

15

on

the

on

10

stock

June

on

cents

series

seiies

Dec.

on

ferred

Nov.

on

tion

Other

cents

9

that company

annum,

Provision

$664,849

1943

profit

taxes

v.

directors

and

taxes.

bldgs.

Depreciation
Res,

of

act

par w>lue,

etc.

Repairs

deprec.,

Fed.

of

Income

■

The

50

1

common

Sept. 30—

Amortization
Total

8,559,863

first

....

Selling,
+1942

quarterly

both

of

June

6,000,000

treasury.

4.111,000

recently issued in exchange, share for share, for the
the Western Union Telegraph Co. in connection with

of

entitled

Cost of sales,

'

$622,66^8

profit

a

usual

•Including renegotiation of

905,110

17,779,266

5,046,000

8,125,841

merged

the

Distributions

etc.

during 1942 were as follows: March 2,
Sept. 1, 50 cents each; and Dec. 1, $1.—V. 158, p. 683.

Income

438,320

surplus,

Common

Net

17.918,156

3,495,000

6,519,815

Wheeling Steel Corp. (& Subs.)—Earnings—

be

to

'

*6 000 000

$l)-—^__—6,511,790

surplus

1,
the

on

before

excess

304 487

13,779,888

5,291,214

Period End. Sept. 30—
sales, less discts.,

Com¬

it

$4.07

declared

the

for contingencies.^
Est. Federal income and

1,000,000

706,766

in capital stock and
surplus
companies—consolidated
preferred stock (par S100>

cumulative

have
and

equipment

269^879

1,750,000

129,323,696

Gross

Southern

considered

158, p. 1864.

depreciation,

Distributions

and

Amort,

500 000

.

ZI_.II

-

interest

subsidiary

,5'/o

current...

contingencies.

JjJ

151,161.074

Nov.

on

is

was

capital stock

share)

1943

Res.

current

liabilities—noh

Reserve

per

Southern

$598,381

preferred stock,

March

amort.

6.134,598

£

98,204,936

figures

A stock, no

of

merger

stock.

in

-■'

stock

Deprec.

3,437,081

taxes...$6,036,666

payable—non

Sundry

1

Profit

and

1943—12 MoS.—1942

$

revenue

which

This

is

disposed

&

Commonwealth

share—

common

3 Mos, End.

3,992,450

1942

3,358,000

foregoing

which

Earns,

335,075

3,169,300

V'

-Earnings-

9 Mos

income for 1943 comprise estimated normal income

on

directors

share

Inc.—Earnings—

Victor Equipment

ac¬

...

foreign

-

excess

clients...________

sundry

'

:

under

Inc.

19.

stock

applicable
per

Commonwealth

preferred

Sept. 30—
—:

charges,

first

on

June

$5,681,750

—

factored

payable,

per

Payments

$51,991,052 $42,298,699

______

balances
accounts

Co.,

—

all

18.

stock

20,672,000

$4,698,000 $37,551,000 $47,214,000

Fed.

charges.

surtax

the class

stock,

Service Co.

investments

on

and

preferred

directors

the

Nov.

.3

trademarks

1943

income

on

capital stock

operation

received

the

Raalte

profits

The

749,298

_______

16,934.000

114,457,675

bef.

after

and

The
on

$9,013,106 $11,187,281 $12,803,006

Erie

actually

series

common

7,565.563

988,403

_

$20,617,000 $26,542,000

12,528,465

taxes

Nov.

$8,187,529

payment out of capital.—V.

on

484,888

8.727.278

3

.

_

2,091,000

1943.'

—$1 Common Distribution—

2,442,904

1943—10 Mos —1942

$2,607,000

$4,231,000

revenues

Note—The

$12,407,169 $14,549,401 $17,145,180 $20,121,114
2,306,775
2,666,760
3,088,601
3,492,053

fAdjusted.

304,908

720,630

;

to

under

profits tax is indicated.

264,775

14,474,468

comparative purposes.

are

of

$6
on

•After

9,574,219

373,063

cons.

payable—banks

Trade

issued

Co.—October Sales Off—

1,897,000

______

•Federal taxes

outstanding $6 series

95,045

—

Credit

be

1579.

p.

inc.

tax

approving

Liabilities—
Due

will

1943—Month—1943

sales

income

•Fed.

Appl.

its

^

;

bonds—

———_

Notes

bonds

new

to

$2,334,000

'

pfd.

in

9,178,215

reserves)—:

and

which

taxes

$2,600,617

Net

common

included in

Earnings

10,497,699

13.060,980

—

The

is

Western Union Telegraph Co.

County Electric Co., the investment in which
disposed of in August, 1943, for a cash consideration and the com¬

Van

$1,405,958

7,078,738

———

charges

original indenture
bonds, due June 1,
proceeds of $885,000

proceeds

sales

158,

Oper.
.

$1,848,983

—

9 Months Ended

6,045,000

government

_

assets

May 5,

on

consideration

the

Coast,

sales

Telegraph

1943,

•Net

9,801,463

•

assets

■fFixed

of

to

as,

Period End. Sept. 30—

s

to

___—_

July 22,

60,000

res.

inventories

receivables

$177,000
West

Operating

•

mission,

1942

res.

Investments in associated companies—not

Deferred

of

$4,155,772

stock._i

accts., notes and accept, receiv., less
notes receivable purchased less

Accounts &

Merchandise

aggregate cash

be modified by a
proposed first
permit the release from the inden¬
represents the amount by which the afore¬

so

1,636,965

30

July 2, 1943
preferred stock)

cumulative

and

which

indenture

sale

bonds.

present

indenture,

Combined

$4,237,582

1,210,113

Corp.

and

of preferred

of

Retail

Co.—

above

appl.

Corp.

42,000

1943

from

the

Period End. Ofct. 31—

Co.—de¬

Also

739,000

3,317,000

Assets—

Cash

all

Western Auto Supply

1

5%

an

provisions

exceed the sum required to retire all the old
after such steps, proposes to distribute $754,400
cash to Peoples Light & Power Co. as a
partial liquidating dividend.
West
Coast
has
received
the approval
of the Public Utilities Com¬
missioner of Oregon for the
proposed bond issue as well as the SEC.
—V. 158, p. 1774.

1,817,241

of

received

Balance

of

the

District

in

appl. to cap. stk. $10,100,394 $11,882,641 $14,056,579 $16,629,061
pfd. stock
1,912,865
2,869,535
2,869,298
3,826,055.

are

a

shares

by

'

its Clatskaniei

comprising
Coast

$5,552,200

275,656

__

periods.

contingencies.

sale

required

public offering.

a

assets

Oregon

$6,054,823

Subs.

Dividends
of

$3.37

5.909,000

$5,757,679

345,390

appr.

I.

excluded

mon

1940

$2,021,620

$4.37

to

of

bonds.

Philadelphia

was

1941

$2,623,132

$6.41

_

effect

its

and

outstanding first mortgage 4>/4%
principal amount of $708,000, the

original

mentioned

Note—Combined earnings do not include the results of
operation of
Electric which, by reason of U. G. I. Co.'s Divestment
Plan, effective June 11, 1943, ceased to be a
majority-owned subsidiary.

the

cannot

per shares
$7.40
Note—Taxes paid or accrued:
Normal income & other
2,233,000

giving

and

1943,

sales

supplemental

on

Bal.

599.658

lAfter

properties

10,

50-Cent Distribution—

Bal.

30

1942

$3,787,902

$4,146,556

1,923,477

income

Divs.

earnings,

our

599,903

Consolidated

involving

the

,

$6,033,335

Exps., taxes, etc., deduc.

finish¬

590,528

for

B

have been deposited with the trustee thereunder
and
major portion thereof is proposed to be applied toward the retire¬

the

1943—12 Mos.—'"1942

$4,491,948
1,355,961

cumu.

G.

U.

Also

$4,256,656

profits

the

such

ment

3,492,053

1,452,119

Total

575,174

reserve

As

the

in

from

$8,249,063 $10,706,205 $12,059,076

$4,511,215

Appl.

G.

to

'

-_.-__i.__

4% (new bonds), to be
1, 1963, in the principal
proposed to be sold at their prin¬

are

to two public power districts for

ture

.

sold

March

on

$885,000.

the

3,088,601

transaction not

a

Coast

1965,

Account—

—.

fund

Subs.

stocks

■

1943

•After

of

1

(Company and Subsidiary Companies)

$4,312,129
199,086

U.G.I.——

June,

profits

Excess

1943,

war

1943—12 Mos.—'»1942

1943—9 Mos.—*1942

...

of earns,

The

company

renegotiations

Account

•Net

Earnings

for

Z

2,666,760

$7,688,808

revs...

..

oth.

ity

report.

Income
'

duck

Such bonds

•

have

companies

previously,

&

Bal.

of

companies."

financial

future.

appraised

this

belt

Corp.

ownership

an

activities,
to the peace time demands
rapid,
orderly, and without interruption,

be

respect

which

affect

com.—

deductions

"Restated

definitely

and

at

$9,601,673 $11,118,598 $13,575,502 $15,885,131
1,912,865
2,869,535
2,869,297
3,826,055

net

income

Income

time

war

will

with

any,

be

for

income,

Gross

custo¬

June

on

the Seneca

now

figures

associated
to

directing personnel

Proceedings

West

District

-V.

purchasing,
of

production.

cannot

2,306,775

stock...

operating

Other

are
in a high state of efficiency.
manufacturing plants the man power situation at times has
become strained, but due to the
adaptability of women to the require¬
ments
of
the
textile
industry, we have been able to continue at

effect,

hose

located

Co. in

ance

transporta¬

also

mortgage bonds, series
1943, and to be due June

1,

cipal amount plus accrued interest to the Provident
Mutual Life Insur¬

and

rayon

first

as

June

Wholesale

our

peak

pfd.

avail,

Net

plants

In

Mill,

Co.—Income

inventories.

terminated

interest in

$6,045,000.

for

from

make

to

substan¬

a

the

receivable

accounts

agreement

and

our

was

customers,

dated

amount of $600,000.

Utility Subsidiaries—
><v.
'
Operating revenues
$21,462,361 $19,532,575 $28,476,034 $25,839,459
Oper. revenue deducs...
17,150,232
15,386,017
22,718,355
20,287,259

fiscal

liquid assets for post-war development to modern¬
equipment, and to round out certain activities the com¬

and

Z

Period End. Sept. 30—

the sale of $6,000,000 of 5% cumulative preferred
The net proceeds received by the company from

public.

designated

the

:

Combined Earnings,

additional

plant

as

into

addition

underwriters

provide

of

are

the

acquired.

stock

through

by

Wlnnsboro,

$11,908,448 $13,785,358 $16,664,103 $19,377,184

1t\ VPC.pfp

•

on

Sink.

"investments

important

stock

made

trust

was

common

effected

was

list

additional 25%

consolidated

cluded

its

Operations

are

an

Reid

1943—9 Mos.—* 1942

income

$1,160,227

expire.

subsidiaries

the

enlarge

voting

to

Shelbyville,

operated

1943

,

operations

guaranteeing of

year

of June

and

to

advances

ten

allowed

was

and

mills

'

with $564,140

compared

as

and

outstanding.
This year common stock
quarterly basis, compared with a previous

a

volume.

and

continue

deductions

payments.

charged

continued

Company's

Gas Improvement

1

Net

period amounted
to
$8,142,000,
equivalent
to
$14.16
per
share, in comparison
with
$6,393,000, equivalent to $10.83 per share for the previous fiscal period.
The United
Factors Corp.,
whose activities consist of commercial

factoring,

Mass.,

four

1864.

p.

$201,144

share

on

semi-annual

Direct

$723,208

machinery

the

common

be

will

158,

$402,431.

during

per

will

of

to

was

New

year.

amounted

Ga.,

Rubber

Period End. Sept. 30—
Total income

Divs.

the

of

Earnings of Company Only

and

Corp. '

account

States

transfer,

growth

representing the undistributed equity in earnings of the Seneca Textile

for

United

United

S.

the

to

undistributed

June

the

Canadian

our

$2,180,743,

were

restrictions

no

addition

Bedford,

total

a

securing

earnings of

earnings

current

make

Monday, November 15,

^

orders.—V.

subsidiary companies

currency.

of

net

New

needs.

Hogansville,

Schwab, President, in his remarks to stockhold¬

combined

and

at

.

states in part:

tine

located

are

company, including one at Hogansville, Ga., and another at
S. C., now devoted to tire cord
production.
•
This is in line with the Government's
program for more
cotton tire cord for both
military and essential civilian
The

ers

mills

by H

has
of

re¬

duck

Gordon

1943—Month—1942

$9,723,330

—

—V. 158,

p.

1943—10 Mos.—1942

$9,188,804 $91,802,589 $80,314,178

1578.

100

ity, Vz
As

Power
poses

a

step in
Co., the

to

the

voluntary plan

West

issue and

Co.—To Sell Bonds

sell

Coast
a

Power

new

series

of

liquidation

Co.,

a

of

its

subsidiary
first

ity.

Privately—

of

165

Peoples Light &
of Peoples, pro¬

mortgage bonds to

&

Tube

Co.- -To

Retire

Outstand-

The company has caPed for redemption as of Dec,
15, next, all of
its outstanding renal debentures due Nov. 1, 1944, 1945. 1946 and
1947,
at

West Coast Power

Sheet

ing Serial Debentures—

be

.-

aod

interest,

of 1%

the

on

Pavment will

Broadway,

The

New

company

convertible

4%

plus a premium of % of 1%
1946 maturitv and % of 1%

be made

at

the Chemical Bank

on

on

&

the
the

Trust

1945

matur¬

1947

matur¬

Co., trustee,

York CUv.

announces

debentures

thet,

this

due Sept.

do°s

1,

not

af+e^t

1948.—V.

158,

the
p.

outstanding,
1864.

THE COMMERCIAL & FINANCIAL CHRONICLE

Number 4229

Volume 158

1945

Jm

a,

Stock audi Bond Sales

Mem Yoirk Stock Exchange
ll§l:lili!|fiyv'llfllDAILY -^WEEKLY J-fYEARLY
sales are disregarded In the day's range,

Cash and deferred delivery

NOTICE

«c»

unless they are the only transactions of the day. No account Is taken

of such sales in computing the

for the

range

year.

SHE

ar

United Stales Government Securities on the New York Stock Exchange
Below

furnish

we

a

daily record of the transactions in Treasury,

Daily Record of U. 8. Bond. Prices

Nov, 6

Home Owners' Loan and Federal Farm Mortgage Corporation

Nov. 11

Nov. 10

Nov. 9

Nov. 8

Daily Record of U. 8. Bond Prices

Nov. li

Treasury
2%s, June, 1964-1969—

High

Treasury

Low

1.

4y48, 1947-52—

,

—

Close

Total sales In

41, 1944-54
Total

•

Total sales
'

3%8, 1946-56—

Close

2s.

—

100.12

'■

-

v

■

13

;

M.

-

M

'

.

....

'

■

107.7
107.7

Low

Total sales In $1,000 units

(High
2s, June, 1949-51.

;

Low

[Close

:.

103.18

___

Low

Total sales Jn $1,000 units

103.18
103.18

___

[High
LOW

2s,

Sept.,

(High
•{ Low

1949-1951

[Close

3

—

...

Total sales In $1,000 units

(High

2s, Dec.,

[Close

units

2s, March,

(Close

101.4

12

fHigh
\ Low
(Close

1950-1952

...

*

101.1

•(

1949-1951

Total sales in $1,000 units
vv>

[High
\ LOW

101.4

Low

[Close

|

Total sales in $1,000 units—

(Hign
( Low

(High

...

2s,

1950-1952

Sept.,

4

100.15

Low

100.15

[Close

[Close

100.15

Total sales In $1,000 units

units

25

f Hign

[ Low
(Close

Total sales

—

'High

100.5

in

100.4

100.2

100.4

100.4

$1,000 units

100.2

100.4

(High
j Low
[Close

2s, 1951-1953—

Total sales in $1,000 units

100.2

100.4

1

6

34

fHigh

...

Low

2s,

1951-55

Low

{

Close

[Close

Total sales in $1,000 units—

Total sales in $1,000 units...

—

'High

;:v-

Low

2s

(High
-I Low

1953-55

Close

[dose
Total

HOLIDAY

Total sales in $1,000 units—

sales

In $1,000 units

'High

("High

Low

1948

•'

—

2s, Dec. 1948-50.

™

Close

1945

■

—

(Close

—

sales In $1,000 units——

2%s, 1960-65—

■

*

—

High

Total

IOO42

j Low

V-

2%8, 1958-63—

■:

>•/

(High

sales in $1,000 units

2%s, 1956-59—

'

Total sales in $1,000 units

LOW

sales In $1,000 units

11

— _

I Close

—

sales In $1,000 units—

23/4S, 1951-54—

100.3

—_

'

Total sales In $1,000 units

Low

-

;
:

107.7

\

2s, March 1948-50

2%s, 1945-47—

•

100.12

!)

1947

—

Close

2 %s,

10

»>

(High

HOLIDAY

High

2%s,

100.3

3

100.3

100.3

—

Low

\

...

Close

Total sales in $1,000

100.3

100.3

100.3
_

Total sales in $1,000 units

...

High

Total

100

(High

Total sales in $1,000 units..

Total sales In $1,000

100.4

100.3

[Close

\ Low

2*48, 1948-51—

100.3

100.2

$1,000 units

—

f Hign

Total

100.3

HOLIDAY

[Close

Total

100.3

—

2y*s, 1954-56

sales in $1,000 units———

27/eS, 1955-60—

1

—_

(High
J Low

Total sales In

| High
—■{ Low

3s, 1951-55

100.4

—

—

3s. 1946-48

Total

1

100.3

fHigh
\ Low

2y4S, 1952-55

[Close

Total

1Q0.4

—

—

units

3 yes, 1949-52—

100.3

| High

___

Low

[Close
Total sales In $1,000

100.4

100

[Close

[High

1

Nov. 12

100.3

Total sales in $1,000 units

—

Nov. It

100.3

100

1

\ Low
[Close

units—n,

3yas, 1946-49—

Nov. 10

100

32

2%s, 1951-53

—

[Close

sales In $1,000

Nov. 9

100.2

Total sales In $1,000 units

—

( High
| Low

York

100.2

$1,000 units.

—

3y*s, 1944-46—
Total

in

2%s, 1967-72

—

units

New

100.2

(High
{ Low
(Close

1964-1969

Low

sales in $1,000

Nov. 8

—

High

Total

*

...

,

2y2s, Dec.,

] Low
[Close

sales In $1,000 units

the

on

■

[Close
Total sales in $1,000 units

/

(High
—

Nov. 6

fHigh
f Low

—

$1,000 units-.-^—
■

bonds

coupon

Figures ajter decimal point represent one or more 32d of a point. (See note below).

week.

Stock Exchange during the current

13/4S

1948

{ Low

Close

[Close

Total sales In $1,000 units

sales In $1,000 units

HOLIDAY

(High

[ Low

2%s, 1949-53—

[close

Total sales In $1,000 units

Federal Farm Mortgage

—

(High

High

—

3j/4S, 1944-1964

LOW

2% s, 1950-52—

] Low

-

[Close

Close

Total sales in $1,000 units

Total sales In $1,000 units

2%s, 1952-54—
Total

3s, .1944-1949

sales In $1,000 units

Total sales In
.

Home

[Close
("High
Low

1944-1952

Low

<

[Close

—

Total sales

[Close

in $1,000

units

(High

'High

100.5

Close

{ Low

iy2s, 1945-1947

100.5

LOW

1963-1968-

Loan

3s, series A,

■{

Total sales In $1,000 units—

Owners

fHigh

sales In $1,000 units

Total sales In $1,000 units

2y2s,

$1,000 units

—

(High
( Low

2%s, 1962-67

Low

———

Close

[Close

2%S, 1956-58—
Total

fHigh

(High
■{ Low

[Close

Total sales in $1,000 units———

100.5
•

10

.

♦Odd

lot

sales.

JTransaction

of

registered bond.

NEW YORK STOCK RECORD
LOW AND HIGH

Saturday
$ per

*57%

Monday

_

share
58%

$ per
56 y8

*109

110%

109

*45

47 Va

*43

*52%

53%

52%

Tuesday
Nov. 9

Nov. 8

Nov. 6

share
57%
109

f per

*56%
108

SALE

PRICES

Wednesday

STOCKS

Thursday

Nov. 10

share

$ per share

57

57

108

109

Friday

$ per share

109

*45

47%

*45%

47%

52 %

*52

54

*51%

57
-r

10%

10%

9%

10 VB

9%

9%

9%

—

*28%

29 V*

*28%

29 %

*28%

29%

19 V*

19%

18%

39%

40 */a

39%

40%

75

41

*73

19%
41 Va

*19%

69

73

70

72

6 Va

6

5%

5%
*107%

110

*107

110

%

2

5%
*107

19

5%
110

18%

18%
40
69

69

5%

5%
110

5V4

2%

1%

2%

22%

24%

22%

23 %

23%

24%

25 v4

22%

241/4

22%

23%

23%

24%

36

39%

36%

36'%

25%

26

—

2%

25%

HO

—

39%

39%

25%

26

24%
*68

73

*70
*10

10

150

V*

150

*13%
30

14

30%

25%

9%

9%
148

*13%
27%

150

14

29%

For footnotes see page

35%

35%

24%

25 %

*67

73

1955.




70

9%

9%

147%

147%

14

x27%

14

29%

*68

2
—

22%

--

9%

10
148

29%

14%
30%

2%

53,700

24y8

27,200

36'%•

1,700

25%

5,900

*9%
—

--

--

--

'

146%

Albany & Susquehanna

6,600

70

10'%

Allegheny
'

800

147

1,700

14

200

29y4

30%

17,800

Allen Industries Inc—

Allied

Chemical &

Allied Kid

Co—

Allied Mills Co Inc

Dye

9

100
10

—100

1
100
100

100

■'

37

May

Dec

Mar

113

Dec

31

43

Jan

18

39

May
Sep

48%

Jan

7

5%

Apr

8y8

Nov

32% July 13

18%

Jun

26%

Dec

5

57V8 Sep
13

8
8

28
7

Apr

Mar

16%

Dec

48% Jun

1

29%

Apr

41%

Dec

76% Sep

3

61

Jan

69

Oct

7V8 Apr

6

1% Mar

4

Nov

1

60% July

21% Mar 30

Oct

10

25
11
2
2
11
11

112

15

75

57%

165

31% Sep

04%

Feb

A

Jan

%

Oct

25

3%

Apr

6%

Nov

25

3%

Apr

61/4 Nov

3% July 14
32 'A Sep

45% Sep 25
3iy2July 2

May 26
11% Jun
4

0%
16

3%

Jan

19

140% Jan

9

10% Jan

8

July 15
141/4 May 17

118 Va

5

No par

15% Jan

4

321/4 Oct 26

11%

7.

5iya

104

3

No par

—1

Highest
$ per share

29

6

14% Jan
38% Jan
67
Jan
3% Jan
85
Jan
fg Jan
5% Jan
5V8 Jan
13
Jan
18Vb Jan
64
Jan

No par

63% Mar 12

I per share

1942

115 V2 Sep
52
July

7% Jan
25 V2 Feb

$2.50 prior conv preferred-No par

Alghny Lud Stl Corp
Alleg & West Ry 6% gtd

14

RR

Corp

5% % pf A with $30 war
5Vz% pf A without war

4

Lowest

f per share

41'% Jan

Par

No par

Alaska Juneau Gold Min—

30

Nov

35% Jan 23

10

Corp
Reduction Inc

Alabama .& Vicksburg Ry

17,400

108-

No par
-No

Corp

Address-Mutigr

24

*68

Co

Air

70

5iy2Jan

100
No par
25

Express

1,600

25%

—

Steel

Adams

4,900
..

22%
36%
—

70

147%
*14

5%

160

No par

preferred

Adams-Millis

40%

70

24%

2

10,200

19

30 %

*107

Acme

—

9%

t per share

Par

:

Abraham & Straus

29

18%

.

1%

53

39%
*68

25

2 %

*51%
*28%

'

4%

Year

Range Since January I
Lowest
Highest

Abbott Laboratories

47%

9%
—

-

40

'

Range for Previous

STOCK

EXCHANGE

1,200

*45>/i

.

YORK

NEW

Shares

!111

//---

9%

29 V4

—

for

57

53

*28%

the Week

$ per share

57%

47%

Sales

Nov. 12

Nov. 11

10

17

Jan

May

22%

Jan

Nov

73%

Feb

Jun

Apr
Apr
May
Apr

7%
149

12%

Dec
Jan

Jan

16% Nov

THE COMMERCIAL & FINANCIAL CHRONICLE

1946

STOCKS

per

S

share

Wednesday

it

.

S per

share

per

13*'a

14 7 8

14%

Nov

Nov. 8

Nov. 6
$

Tuesday

Monday

Saturday

share

13%

14%

14*4

93

93

93

33*4

34 3 B

341/a

35

20

*19%

19

19-%

;/■■■; *-i83.1

19*2

18%

2

1%

17«

1%

2*8

4*28

28

1%

2

30%'

28

28

77%

78*8

74

78

30

30

29

30

29

29

6174

62

59 %

61%

59%

61

60

15%

15*2

14%

15*4

60 3 4

60

60

*60

'28

'

76

14%

/

1,100

-100

73% Jan

No par

26% Jan

7

19

1,400

Alpha Portland Cem-w—

17%" Jan

7

1,400

Amalgam Leather. Co Inc—

No par
-1.

16,300

2%

—JSo par
,i

—

6% conv preferred.,..—

28%

200

76 '2

2,000

Amerada

2 9'A

29%

1,100

Amer

61%

62

4,700

American

Airhnea

15-

15

2,700

American

Bank;flpte..-,.,

60

61%

6074.

15 *2

60%

S per

7

Allis-Chalmers'Mfg_

1

7574

.29

60

4

,

Allied Stores

S per share

,

8,800

*27%

1574

60

Par

200

Petroleum

6% Jan

16%

2
•

31% Oct

23

Jan

2

52

Jan

27

6%

"

13
76% July 8

5

18

Jan

5

607n Nov
9% Apr

19%

Nov

27% Jan

2

■

17'a

Jan

Dec

18%

"• Mar

707a

43

•■

Jan

Oct

24

NOV

58 Va

Dec

18%

Jun

%25%

Apr

57a

Jan

974

Oct

38%

Apr

49

Nov

3% Mar

67a

8

47'

Jan

Jan

Apr

Aug

1

4

8% Jan

,

_50

Nov

3074

11
:

Sep

4% Jan

10
1

preferred.

=

34

6%
81

,.

Apr

14%

7

Agricultural Chemical-No par

..

22

29

86% Jun

$ per share

Apr
July

2% July 22

13

14

Jan

1U

04

96%> Sep 15
43% July 10'
23% Sep 21

20

X67

;

4

18

Highest.

,v.-.v

per share

% Jan

,

par

inc.—

share

Sep'

ly! 2

Lowest

13'a Jan

50

Corp.-..No

Year

Highest

Lowest

93

*1%

29

76%

76*4

15

60

v

*27%

./•

76%

Range Since January 1

;

V/Vd,

....

19

,

2*8

29

•

/
'

34%

18%

:

Range for Previous¬

■

STOCK

Corp'—;
a!-;6w;preferred

147V/

14

93

353«

•

YORK

EXCHANGE

Shares

1 per share

per share

NEW

03

92%

33%

'

:

tlie Week

34%

92%

94%

35

5

14%

35*2

"92%

Sales for

Nov. 12

Nov. n

5 per share

14%

Friday

Thursday

Nov. JO

Monday, November 15, 1943

July; 9

,

■

73v '

*71^
3774

35 %

132

'

37

132

8-%

87a
8234

17874

80 7

■

31

31

29

64

64

62

22%

30

62'a

22

23

22

111

111

*111

*20

23

*20

1/04*4
*19%

;;

31*4'

30'A

30%

64

64

64

22

2274

*111

"%

23

'

22

*111
105

105

*20

American

A:

„

Car

127% Jan

1

173

No

=

9%

"8%

*15*8

15%

14%

*102

*8%

147-2

101*2

8%

8%

*8%

Coal Co of

Am

45% Jun

8

80

*1474

15*4

\14%

101*2

.

*100%

102*4

♦100V4

70*4

76%

80 */2

85%

62,300

|

0*2

2 Va

2 7a

2,200

*8*4

8%

'

2274

2*4:'

"

*8%

10

23

22*4

22%

2374

3%

5

4

43b

474

4%

74

71

72*4

*8:,4

9*8

101% '

*8'o

9

22%

■

23

Ame"

Amer

Encaustic

'• ■:

5

74 3a

74 3

-1874

70

j

18%

147e

16

\

63

64

'

31*4

3134

15*4

17%

"

*6574

32

.

"

64

32
'

374

374"

*39%

40%"

68%

1634
65

*62:

72

14%

16%

63 %

,.

6374
32

35,300

3*4

27«

4C%

39*2

683i

6774
"%

-

4

*3 74

3974

x67

3*4

207a

Jan

7

16

116% July 23

105

May

110

Mar

Feb

4

112% May 10

69

Mar

103

Dec

1

24% May 20
11% May G

15

Jan

18

26

5

Aug

2

18% Feb

97 % Jan

27

104% Jun

8

85% Nov

4% Jun

10

15%

Tiling..——1

Jan;

1% Jan

.6% Jan

25
2

92

Dec

22%

Jan

100 74

Dec.

16 74

May

Nov"

7 7'2 Mar

%

Oct

774

374 May
14
Dec

12

2

14

May

Nov

3

Jan
"

7% Nov

8

10

5

3 7-4

22% Nov

8

29% May 18

,1674

May
Jun

1% Jan

2

su

Jan

12

1870

Jan

$7 2d preferred A-^—__No p«r

"46% Jan
7
Jan

1%

Jan

8r%

Dec

$6

....

600

par

39

Jan

6

73% Jun

17

1074

Jan

42%

Dec

10

30

Feb

23

36,';« Apr

1

25%

Jun

35

2% Jan

4

0
22

32%

Export

Apr

k'v 25 Va

Dec

•

Foreign

preferred—.———No

par

preferred——.No

American

Hawaiian. SS Co_

American

2,900

*3

3'A

1,400

*40

40% 4.
67

4*8

63 *4

7

47V:

47'a

63%

•'■)% 63%

64

*39*4

67*2

6774
4 ; "

438

62

July 10

Oct

22

Hide

9

May 10

87% Jun
26

6

40%

100

Leather—

A:

1

16

July 14

Jan

5

4% Apr
40% Jun

53% Jan

1

70

Dec

2

4974

67

-

1,300

4%

63

—50

63

American Home Products.-

3,700

67

A:

4

6474

"6fy conv preferred

American

Ic%%:

6%»on-cum

1,000

' May

35

;

u___.1

——No

2

Jan

2

37% Jan

1

par

preferred——100

2 7o Mav

May

5

'

66

Jan

Lines Inc——1

$7

2,700

31*4

v.-

32*4

32

3 %%

3%

4* 4

16*8

72

73%

55% May

Dec

Oct'

'

'

39%

-

68%

47a
*64

74*4

Jan

Power —No pur

Amer &

37,800

'

64

31*2

707'a"

32

72

4%

474

33

6% Jan

European Sees.—___No pur

American

4,000

*

5

May

19% Feb

.

American

Dec

Mar

176

Jan

10

Crystal Sugar—,——10
1st preferred—-—.100
Distilling Co__
—-20

6%

60

Dec

74%

2

96

American

2%

58

22*4

•

1,300

15

64%

2%

9'.8
23

American

3%

;

20

1

24% Aor

Feb

159

185% July29

6

Oct:
Jan

130%

Apr

9

18% Jan

Altegh Co N J——25

Color type Co

1,000

9%

2%

69%

2 74

2%

22%

14*4

102

57%

70

2%

834

15 %

102

1037 b

68.

8%

9

l'/a
56%

9% May

Jan

-

*9%

4

/

Apr
Apr

913 i July 15

2

33

Apr

109

par

preferred—-,—..i_J00
■American Chicle,./i;%.^r-~2%* No par

330

Aug 18

24% Jan
62% Nov

&

coriv

5'r

30

134

20

71% Jan

-100

—.....

23

120

43% July 14

.4 %

3% Jan

25

—

-

Am Chain & Cable Inc

3,600

V:

par

Fdy—JVo par
Ti /nori-cum preferrod-i-Zi- J. lOO

23

23'

*20

230

113

106

'

No

Can—

Preferred

2,000

22%

113

106

American

8,700
,

Co

.

Cable k Radio Corp

Amer

2,500

Shoe

_1

674 l]c conv preferred————-.100

„■-.

32,000

176

63

22

106

8%
83 %

82 7, a
176

30

112%
105

23

103 7 a

4

/■■'"

no

Bosch./Corp.

Brake

Am

,2,100
v.=■

131

8*/«

82r,.»

176%

62%

63*4

2374
104 7

104*4

■

82*4

American

2.600

37

*129

83s

8*1.

.

.

712

36%'

130

176*4

a

29*a

;

111%

*110

817
177

/':/:', *7 /;'' =

37% 4

37*4
130 ;

8*<t

7%'

303 8

74

36* 2

*176*4

178

7

7

130*2

a

81.

82%

s

177

7

35*4
1307

874

7%

82%

178 74

6%

7

*130 %

3774

*.130*2

74

6

66 %

x36%
17b
25

Sep

374

Jan

3674

Sep

Oct

56

Dec

2

May

37

Apr

Dec

Jan
Mar;

'

7s8

7%

77a

7%

7S4

7*4-

r-u

734

7%

7%

5%

6

47

46

46

45

45

11%

12

10*8

11%

10*8

10 34

72%

73

68

72

68

13*/2

137a"

123

13*2

12*4

*578

578

*6

674

5%

674

200

46%

110

*44*4

46*4

10%

11%

11

69*4

70

73% /

72

73%

13

12%

13

1274

12%

'

.

:

*44 Va'

ll%i

Va

Amer Internat Corp..—No
American Invest/Co of 111

3,100

'

6*4

6
*46

•

bV

4% Jan
5% Jan

5

•■39% Jan

.1.—No

2

*8*8

8%

7%

8*8

7%

734

23%

23%

227a

23%

2274

2234

*125

3374

34

OS

127*4

*125

127%

33%

2%

125

34

125

2%

2*4

2%

42%

43

3974

42%

39*2

413a

41%

36*4

40*4

36 7

0

3 8 3 >:

38*2

8%

974

87«

8%

8 74

172

*165

172

12 3

13*4

13-%
65 ■:;■"

*166

13%

4

173

12%
/

6434

'64

'

*167

,13

*13*2

14

13%

1358

1374

15*4'

15

15VB

14%

*28%

29

27

28%

38r'n

39

375a

38 3

,

"27

13%

14*4

74

28

X28*4

82'a Sep

12% Jan

7

15% Jun

42 3 8

12,900
20,700

8%

33,500

37%

173

!:

' /•'

*

11

10% Jun

4

Jan

4

27% Apr

16

Jan

29

.125% Nov

Jan
Jan

4

4,080

13%

900

149%'

*

145

149%

40

24

■

;

148

*145*4

22 %

24

22 34

;

149

149

41

38 -•%'

150

40

*145*4

148

23*8

24

23 74

149%

149 3 s
-

V

4074

■

*145%

148

23%

24

»

American Snuff-

'v

'•

7e.-t"

a'

15".

15

*15%

16*4

155b

*27

26*2

1434>
/•

15%

28

27%

109

109

309

28

*26%

26 *

t

\

109

.

27

147n

15*4

14%
:

157b

*263

'

107

107

2674'

•>

14%

14%

14*4
26*4

d"

j

107'2

*25%

26*4

151%

15374

14%

1,500

15%

27*2

16

1,400

27

:

27

1,200

*109

*26*4

27*4

*26

153 74

1537n

110 •.:=:■■■:

58 34

59'a

57 7

«

143

143%

1427

e

a

40%

11834

*11/%

63h

6874

154

57*8

/

118%

474

:

.

-

27

100

5*8

-

66%

4

4*8
48

Mo

4%
V

*45

24%

24%

*27

28

27

27 74

27

27%

*2774,

*20*4

21

*20

2074

19 3

116

115

115

*115

*9*4

10'A
2*4

2%

2%

2*8

*45*4

46%

467«

467

47b

4%

4%

4*8

70%

67*2

71

82

74

78 ' -;

34%

36

*78

36%

V'

36*4-

■

9 7

9*4

9

107

110

13

13

9274

11*4

•

-

*39'4

41

54%
*84

-

36 d

'•■'-■d *35*4

36

2,100
30
r

.-■30

v

•'

: .■

12%

107

xl2~

4 5a

x90

2

-

*90

*83

85*2

81

39*4

*38%

39*4

108

dd

*107

90'

-

"

110

400

■•%'

8,300

107

39

107.

50*4

53

52-%

53%

51%

83

8374

84

25 7 4

26'a

26

26*a

31

32

*61

63

10%

53

61 7

*54*4
60

8

7*2

24:%

25

2538

108

10%

10

10%

55'a

55

55

59

60

*108

119

14%

14

14

6*8

.

115*2

14*4

14%

7*4

63

115*2

119

14%

33%

61

10*8

10%

55

7*8

70

*62

72

6 %

374

"66

3%

3%

3%

15%

15%

14%

5%

4*8

9

8*8
9

9%

Aug

29

7 Va

Jan

.

148%
36'a

Apr

9%

157o Oct

43

144

.

Jan

Oct
Mar

21%
12"

Jan 1.

Jan

Nov

Nov

Feb

12

Oct.

Jun

15

Mar

2 l'A

Jan

5

115

Aug

78% Mar

97 7a

Jan

23

Aug

Jan

129%
6%
32
115%

177a July

•

32% Aug

17'A

15874 July

101'A

Jan

33%

Apr

65-% July
146% July

Jan
2
Jan 14
Jan
6
Jan
8

134%

Apr /

63% July

2

6%
70

3%

108

10%

*54%
59 * 4
*108

25 3 s

108

10774

10%

58

119

*13%

*108 */2

14*2

6%

7*4

X68

*12%
7

69

3%

34%

Jan

50 3 i

Jan

Apr

3%
22

4938 Sep

143%

Jan

Apr

■

7 %- Nov

33'%

Dec

116'%

Jan;

Apr

108'A May

121*4 Aug

Jan

49%

Apr

120

12% Juiy

15%

15 7«

3

5%

2

G

Atlas

460

119

.:

Atlas

20

14%

400

3,100

'

210

6%
5%

prc-f series

$5

24

Dec

30

Jan

12% Mar

17

Jan

23% July 15
Mar 18

116

14 7-a Apr

37 b Feb

107

27

11

20

6% Sep

Jan

2

Sep

18

Jan

20

2.

83% Sep

28

-2
-9
7
Feb 27
Jan
4
Jan 11
Jan

75

42

Jan

40% Jun

5

Jan

10% Jun

26

Jan

10'

4

5

Jan

Oct

21

Jan

2*%

Oct

4

79

15% Jun

28

4

110

Jun

83

Jan

Jan

28%

Dec

81%

Jan

1007%

Dec

277a

Jan,

53

60 7

a

Jun

727%

19%

Jun

347a ■Oct

9

Jan

8

36 74 Oct

26

16'%

44

Jan

4
7

Oct

20

33

28% May 27

6% Jan
50% Jan

52

No par
—No

par

j—No par

:

3%

55,200

Aviation-Corp of

16%

20,600

Baldwin Loco'Works v

Del

(The}

.

3

—

May 26

77'%

?.

•.

34

Jun

Jan

Oct
Oct

Jan

Mar

451%

Jan

Apr

237%

Jan

13
13% May 29
57
Sep 28

99% July
6'A Sep

109*4

Pel)

Apr

V51

68% July 14

43

May

/ 70

May
Apr

116

68

113''4 Sep

4
14

9
113
Jan 12
• 7% Jan
7
2% Jan 21
28% Jan
5
3% Nov
9

par

preferred----——.'^M00
—

107

Mar 16

106

Jan

61'% Mar

19

50

Oct

July

0%

20

24%.Nov

—5

82

Apr

53

38

—

4%

20

2

18% Jan

Dec

874 Nov

39% Oct

7

—35

33%

/.

Apr

94% July 22

Jan

•

Jan

Jan

97 72 July 21

44% Jan

—_1

4 7b
66

7

7 Sep 27
67% July 24
907s July 22

66

Dec

677% Feb

May
74

4

100

,

5% Mar
2%

Oct

1% July
36

Apr
Sep
Sep

40Va

'■/,

Jan

-'/:/ 12%

Mar

27%

Jan

112'% Mar

May

1

47%'Sep 23

Jan

57 b
50

7% May

7

5

5

Powder—_-———No

prior A-

7

Jan

—

Atlas Tack Corp
Austin Nichols—
T.

29% Apr

Jan

A100

preferred.
cony

Jan

4

29

—

Corp—
.

28%

100

—300

Lines—

Refining

conv

8

par

%

W I SS

Atlantic

31% Apr

—100

Coast,Line RE——100

&

763» Jan

9

59

;5%= hon-cum-preferred-.i~:--_100
4%

200

-No

Dec
Jun

30.
6%
4%
92
G'A
72%

100

51%

Apr

49

.

Feiy

5% Jan

3*2

3

preferred————.—100

■

preferred

•5%" preferred—

160

11,500

1

7074

22% May

46-

par

Nov

■;v 4

,

Dec

38%

13

Jan

Apr

Aug

7

7'A Apr

1% Jan

34

.

3*2

July 21

10% Jan

par

39

543-i Mar 30

2

16% Jan
5
111'is Jan 20

—100

preferred—

Atl

10%

—No

79 J/a

11

Jan

1%

4

12

8% July 16

; 5.

Jan

4

—5

Corp—;

88% Nov

7

42% Jan

—5 :.

Atch Topeka k Santa Fe

500

108

-No

Corp;-—-.:

Atlantic

5,200

Midi'd—

preferred———
Dry.Goods—-

4,200
:

67

*A

v

Mav

9

5

53% Jan
3% Jan
55% Jan

—5

Assoc Investment Co~—-

900

25 5 8

7%

67

37a

7%

7,400

59

*54

59%

22,100

!%

54%

10'A

55

3% Jan

par
100

-25

Associated

10

84%

26

600
■

53%

83

63

No

preferred

Constable

Artloom

1st

24%

30*4

Arnold

2d

*8134

*107%

35 Va

35% May
1327A May

Dec

33

2

Jan

43% Jan

prior preferred—..No par
Tr
preferred
V—d
—100
Armstrong Cork Co—±._—No par

7','t

543a

107

Jun

14'%

May

24

Oct

9'% Nov-

Jun

16%

May

45

21% Jan 14
127% Jan
2
42% Jan
2

conv

6%

26*a

107

136%

29'J.a May

91

:_14

Co Of -Illinois.^

k

Armour

270

83 3 4

32

Danieis

260

50

24 3t

59'%

Feb

17% Jan 14

—100

Paper Co Inc—

85%

25

61%

W

P

Ad-$6

20

1.2%

83*4

26 3 8

-' Apr
151% Aug

12

par

Cable_Ll:i>-No par":
Anchor Hock Glass Corp
——12.50
$5 div preferred——_No par
Andes Copper Mining
——20

Archer

2,900

86

31

2

141*2 Oct 11
19% Jan
6
11% Mar
9

No par
—No par

preferred——

92

*4
*3874

108

9*4

27

*61

35% Jan

Amer Zinc Lead & Smelt———-1

A

29,600

.9

12%

1st

800

.1,200

*103

12*4

Wgter.Wks &. Elec

156

800

2%

54%

108

'i,v

36

9'A
x9

85

64*2

161

24

■/■;/%• 30

93

33*4

1

Wire

75

85

25 34

477a Apr

Anaconda

' "d2,100

39*4

60%

32% Mar

7

24Is Nov

69

92

30*4

5
5

Jan
Jan

6'A Nov

Apr

Jan

1,280

46

35 '4

/ *104

2434

6%

22

4% Mar-

18

Copper Mining-.—.;.——50

*72

77

107

64 %

*68

:

934

33*4

*115*2

*73

9%

33*4

*61

'/74*4'■•:•:

9 3'a

*107

69 % July
16 ',4 Apr

25,900

136

474

41

107*4

2
6

377% Jan
144'% Feb

10

American "Woolen—
/'
Preferred
So prior conv

68

86

*107

107*2

Jan

Anaconda

19%

*45

69

6,500

28

2 Yb

434-

474
69

2,300

1974

,

9

*62%
*107

46

Am

100

4,500

474

•*974

9

11-%

Type Foundries Inc
Viscose Corp.;.-:
5% preferred:

527a

12% Jan

—.—25

B

Oct

16% Jul J7

27..

preferred'd—d_dd__ 100

6%

48

*115

107
•

2

8% Jan

100
———,—25

Amer

28,500

27'A

974

26%

26

-4%

6

24%

2*4

*45

69

28

9

12%

class

173

3

54

100

American

5%

25

927a

*3974

430

88%

4

86

{i7

*107

*93a

Jan

.—100
.

Tobacco

Common

7,400

68

*45

90*a

92*4

*85

4

-36

107

*107

■■'
8

67 3

Jan

12

Teiep & Teleg Co

4,900

'

9

a

■

*72

■

9*4

9%

9%
*9

4 *
■'■■■■■■■■

46*8

438

10

*2*8

''8

67

116

*9%

2*8

46

5

20%

*115

10

2%

574"
88%

2574

19%

116

*93+
:

8

70%

20

4

6

5%

48

7

24 'a

10%

165

Sumatra Tobacco—No pur

Am

Amer

American

118%

*67*8 '68

25*4

*9%

*11874

/■ %'

8*8

42%

89

5%

24*4

*115

7%

41%

5%
*87

,

5*4

25%

25*8

141*2

8*4
43

No

Refining

Preferred .J

4,600

141

.

57%

119

*118

5%
89

66

49

*45

4

1,500

-57

.57%

141*2

8 *

41%

v

11,800

56

Co——

'

800

3.54%

.

56

Jun

9'% May

154

•26*A
:

/'>'

'

5*4
*86%

6*A
4*4

4

■:

49

141

41%
119

674

57

57 74

8*4.4/:

*118

69

*56

142

8

4074

89 :!

66*4

..

141*4

42

5 34

6%
69

.

5*%.
*85

89
-

47-a
*45 '

•:'Z

6%

6%
*E7*,2

X57

874

42*4

*lI7*/2

5674

143%

8

8%

8*2
42

x56

59*4

58

59

•

155*8

153*2

58%'

58 7

142*%

Fob

% 10 % Jan

———25

American Sugar

*

155%"

155

Apr

J3referred%„%%-100

Stove

American
•

109

Apr
Apr

3%

Steel Foundries——No par
American Stores——
—No par

'

14%

.

157b
12'%

Amer

"

15*4

"*15

Jan

48% Oct

conv

non-cum.

Jan

ii

11% Jun

-

7,700

Feb

26 3 «

'% Mar

45% Oct

preferred
-—100
Safety Razor
18.50
Seating Co——No pur
Amer Ship Building' Co—-d—JVo par
Amer Smelting & Refg..__—No par
Preferred,
10C

580

119

Feb

21% May

Oct

4% May

2

American

1,000

Nov

23% Mar

4
2

American

6,300

113 Va

Dec

7%

May
Apr

Jan

6% Jan

25

—

..36

2

12"%

'/:: 16% Jan

par

pat' =

San'y__—No par
%
J
100

500

28

37%

41

•%:

40.

*143*2

148

7'2

h 24

149

40

40

40

40

149%

14974

4%%

No
-No

par

700

14%

14%

"

149 3 4

& Stand

Preferred

63*4

par

Light-———No

American Rolling Mill

13,500

28

d

Rad

20%
1*6%
x26
/!»
18%

pur

Co„—-—. No

preferredpreferred-———

S5
Am

A—

.

12%

62

13%

38'b

$6
/

.

d——-100

News

Power &

Amer

'

par

..—No

Jan

Apr v-

8

Jan
Nov

/10%

9 Va

17% May

2

Nov

7
40 *A

Jun

Nov

68 v

No pur
No

...

Ltd

6% '.preferred
American

16,500

3974

xl2 74
.

28*4

38

37%

4

.

274

*167

13*4

63%

13%

147h

210

41

173

14

13 5 »

*15*8

30

34

8%

13

!

64 "4

126

38

.

9

63 74

•'

'6374

Metals Co

34

39%

9*8

64%

Mach

Amer

2%

42%

40 3 a

*168

Amer

27V

4074
9

2,000

2,800

*125

d

34

2%

<.

Fd.V. Co„

k Metals.

874

5%
V,"

67a

7% Feb

-100

2374

Oct

35'% Mar.

Oct

7% Jan

par

preferred
Mach k

*7%

125

125

7%
Amer

*22%

24

% *3274

*32% .■.34

2*4

8%

8

2374

3,100
2,300

.

Apr

43 a

7 >a Feb

47

'

h

2%

9% May

2

1

50

per

:

Locomotive

American

23,400

preferred

conv

Jan

14%

46%

123

Jun

24

111

15

Nov

1

7

9% Aug

4

l'A

4

15'%

Apr

,8

23A

Jun

19% May 27
Apr
7
,10

9%

Jun

2%

Jun

7

85 Va Aug

6% Apr

Jan

:

s: Dec
•

97%
374

Apr

31
.

:7

Jan
Jan
Jan
Dec

Dec

4 Va

Jan

14%

.

Jan

i

=

5%
9

>9%

3 0*8

45%

157e

15%

16%

5%

4*4

4%

5

5%

5

5*2

9

8*8

8%

8%

9

8*/2

9

9,000

8%

9*8

9

9*4

9

9%

1,900

57

58

21%

22

11'A

11%

16%

58

227

11

11 %

*44'2

15%

21%

23'B

23

*11'2

15%

57

59

*58

15%

11%

55

15*8

45%
15%

16%

15*2

15%

*24*2

25*a

31

32 *A

*106*2

108*4

*10672

10

32%
115

*10%

11*4

15%

25%

*30

22%

11

15%

267a

*111

21%

11

15

32%

10

22

11

*441'2

11

31

107*2

105%

10

9

♦297 a

31 %
112

109

10%

8%

*29'A
.

10%

13%

13*4

10*2

34%

35%

33

34%

see

page 1955.

For footnotes

13*4




*105

*10%

*44%
16

"

*

45*2

15%

26

*30%

31%

*106%

107%

Xl534

16

*24'd>

31

105%
9

32

112

15%

;

*29'A
*105

9%
32

6,400
900

.

40

16%

11,100

16%

: 6,600
'

.

.

■

"

26

100

317K

1

/

.

At'

*24%

31%

500

106%

•

—

■

9

330

45

45

16%

26

.53.800

Baltimore

c——i-13

Jam

*

.-—100 v\

& .Ohio—

2

3% Jan,..2

106%

40

9%

5,300

9

—

a..

*29

112

Vs

*10o

10%

*10%

11%

11%

11%

12%

—

33

33%

33%

34%

—

10%

lo'fe
-

12
-.

■

'33%

32

105*2

200

10 %

300

12*4-

34%

.

6.000

6,800

,4%

preferred
_100
k Aroostook———5Q
Conv 57V preferred100
Barber Asphalt Corp..
—10
Barker Brothers—2

SYsfy

preferred-—

Earnsdall

Oil

Col

No
———

d
-

.'2.50'.

'

—5

Jan
Jan"
Jan
Feb

12% Jan

13% Jan

2374
24%
- 105%
1074
25%
93
974
10'/'a
.

9

33

2

7

Jan
7
Jan 16
Aug 12
Sep 15
Jan 25
Jan 25

Jun.

-

Apr

.

25

.22

Jan

.

60
28',4 July 14
15:,b Sep 21
Sep 20
47
1974 July 19
20-% Mar 22
May 27
x29
33',2 July 19
9
xllO. Sep
14%, Sep 24
337a July 13
Aug 28
114
l

Jan • 4
Nov
8

ll"a

July

20%

Mar 16

Nov

39% Apr

8

4 7a

.

4'%
4

Sep

,

.

'

2
2
6

574 Jan 13
30
Jan' 4

par

Bath Iron Works Corp_„
-2—1
Bayuk Cigars Inc——222—No par
Creamery-—
.——25:
,, S4.'25 ;preferred22—_2—No ^par ■
Eeeeh 'Aircraft' Corp—2_i——1 ■
Beech1 Creek RR'—2-—2-2-——-—50
Beech-Nut Packing'Co———-20
Beldihg-Hemingway—22—No par'
Bell Aircraft Corpi-—L—..,—2—1
Bendix Aviation-'-^—
——5

Beatrice

6
574
3474
12,

-

Bangor

;

14% Apr '6
12% Apr 29

-

56%

45 %

*44%

32%

*26

56%

21

0

56*2

15'/a

t

"

6

6 7b Mar

Jan

77%

Jan

67b
36

Jan
Dec

13%

Dec

Apr

6%

Nov

24% Aug
8% Jan

;

33'%

12 7

;

4*%

s

15'%
20

Jan
Nov

26

Oct

30

Jun

.

Dec

18 *8

x23'A

Apr

Apr
6% May

Dec

12%

Apr

23 Va

64

Jun

1

9% May

23'A May, '

Feb

110% Jan
9*8

Dec

17%

Nov

39 7%

Jan

rh.'-ri
itvitiTWwfffliiBtf n mm uhii' rtii^rtii

iteriiiiiittMii^iiii^ti^iMiiAii

Volume

THE COMMERCIAL & FINANCIAL CHRONICLE

Number 4229

158

1947

STOCKS

$ per share

s

Nov

8

Nov

Wednesday

Tuesday

Monday

Saturday
;/■/■' Nov. 6

share

$ per

share

167b

$ per

per share

Thursday

10%

Sales for

Friday
Nov* J 2

Nov. 11

Nov. lb

9

S per share

X

16%

NEW YORK

the Week

per share

Range for Previous

STOCK

Range Since January 1
Lowest
Highest

EXCHANGE

Shares

•

Par

$ per share

■

•

*1674

16%

*57

16

...

/

58

34%

*57

34%

58

33%
■

15%

57

57%

54%

1187a

117%

15

*57 >•<

v,

17

~

4

774

.

*17

7%

.

*1474

17

1574

; >93

1374

1474

157 b

5,800'

Best

147b

55%

56 %

55 74

5674

116 74

116%

11674

11674

116%

3574

3474

35 %

16%

16%

16%

77b

7%

16%

44

4474

55%

86%

8674

4574

31%

2974

31

2874

287b

26

2874

29

34%

*374

33

374

34%

Z 3

3

34

1174

1274

1274

1274
*40

42

343 4

40'a

43%

437b

43

87%

8774

*86

45

45

4574

45

74

:?;• 31

29%
267 b
33 74

32%

33

2%

3

34

a

3174

2774

xll%

12

■4

40 7 b

407b

8,300

437;,

45

45

407a

8%
2474

42%

*4074;

423 4

4074

4074

41

41

*4074

41

42%

4174

4274

4!

41

4174

4174

>:41%

417 b

%

7b

8%

4

I

874

%

*!?

40'»

7%

14%

1474

39

16

77b

7 74

110'/a

110%

115%

5%

4%

574

98 >4

987-2

94

48 >

2

46

7

17

17

92 74

93
47

4774

7

17

7.74

16%

1674

17%

17%

16

1774

16 74

17

31 "4

3174

30

31

30%

/'

2VM

27%
109 >2

12

2574

12

,

"43%

44%

4074

43

8%

J

^ 3

*25

20

247 a

80

Budd

200

.

7%

Buffalo

117a

1174

Burlington Mills Corp—
5'4 preferred.
Burroughs Adding Mach_

•1274

37b

4

•;

41

X40

8%

8%

V

6%

preferred

3

3 74

1174

1174
66

1774

18

24 74

1174

277b
33b

117b

18%

68

187 b

;

:/

2474

2474
53%

5,200
'

150

1,700

%

If

74

74

67a

674

is.

.74

2474

612

%

iti

1,100
3,300

67a

674

6Jo

14%
21;

1474

14

1474

1474

1474

147a

14%

1.200

22%

21

2174

227a

23%

22%

22%

5,790

*33%

34

3574

80

7%

23,200

*32

34

i-:4

33

>•'

34

*33

774

8%

874

*40

42%

774

774

42

4174

4174

7

6%

674

'

674

7%

774

45

6%

*33

774

41

41

6%

35»4

7%

45 V<

4574

45

*4374

4474

*4374

95

*94%

95

9474

95

*95

28%

*27%

28%

28

28%

4 "4

474

*474

474

474

28

474

67b.
95

28

>4%

474

124

120

123

118 74

120

120%

12074

*

143

143%

143

143

143

143

143

143

45

45%

4474

.45

44

4474

31%

323 4

30%

297b

31

'•

12174
*143

45

4474
3174

32%
10574

j

.2874
•'

123

45%

3.900

32%-

9,000

3174

11874
1174

10%

11%

10%

11%

117 b

11%

10%

11%

6.900

18

18%

17%

18%

18

18

18

187b

137 b

187b

1,040

tV

7b

157,800

18%

5,100

27b

2,400

11074

70

2%

27a

11074

*11074

10

*18%

*674

■

774

*115

i.

18%

.!■

57 b

4%

6474

5774

*17%

*116

118

,i.
1

18%

!

%

18%

27 b

110%

9

1774

18

.

*112

3574

107%

.

18

77b

1774

*19 74

22

24

43%

44

674

5%

11%

11%:

1074

11%

10 %

3%

3%

374

374

374

*24

107

1574

24%

4474

44 %r

6 7b

'574

25
:

.

1174

10%
3%

374

15%

1674

'

*37 7a

39

377a

37%

37 74

37%

36%

3674

36%

37

*51

53

51

51

17a

1 %

17u

1V2

.

28%

103%
*50

*26

77%

14%

28%

75-

77

1474

1474

1474

10374

10374

104

51

*25

6%

67a

3374

80

*74

*74

*38 7a

*107

105

10374

50

48

6%

674

34

141

*135

145

*70

11274

38%

3774

80

*72

112%

11274

38

38

107

*106%

10774

107

9274

*91

9274

*9174
*52

*91%

174

*25

74%',
*1474
50

674

34

:

*10374

48

34

•

.

.

104

141

146

3874

39

98

*92

1474

674

112

10774

*107

147a

2874'

34

82

112

11274

*112

76

14 74

*104

34%

*140

75%

1474

6%

3474
146

1%

75

*48

*6%
*34%
*140

174
*25

7474

50

48

174

'51

28%

6%
3374
*135

80

*72

11274
38

*11274

*3774

107

106

9274

*9174

54

*52

500

53

'. V

37

1%

76

i

52

3,300
700

6

145 :

38

1,100
30

92%

5274

*52

.54

34

35

1

35%

35%

3474

35%

357a

35%

35%

3574

35

35%

*6674

67

23 74
2374
*10574 107

2474

2474

*111

112%

15

1574

150

*145

150

*145

148

113

*110

11274

*110%

11374

6674

*6574

6574

6674

65 7a

21%

23

217a

2274

22%

*10574

107

10574

105%

*10574

237

24

a

111

.

111

23

*111

13%

14%

2374
113

*1474

14%

.

67

2274
107

24

24

*111

113

1474

1474

54

148

148

112

11374

*65 7b

2274
*106

2374
*111

14%

"26
2,000
10
300

67

250

23

5.306

107

150

24

1.400

113

14%

C. C,

C.

10
800

& St,

preferred

•

Class

Jan

22%

50 74

Apr

5374 Nov

74

Jun

7

1

574

Jun

174 Jaa
7% Nov

7

11%

Jan

1674' Nov

97b

Apr

1574 Deo

Mar 31

27%

Dec

33

37b

Jan

38

117b Alay

>

7

4774 July
974 Apr

21
6

Aug
77a Nov

29% Alay
17« Feb

4674 July 22

32

/ 97% Aug 31

77

37% Feb
474 Nov

Apr
Apr

337a Deo
89

30

Apr

Collins & Aikman—

574

conv

preferred.!

Colo Fuel & Iron Corp

9%

-1174

11

1174

1074

11%

3,250

1174

12%

1274

1274

12%

12%

2,190

474

non-eum

1374

1174

11%

12

12

610

4',4

non-cum

24

22%

24

2274

23%

24

2474

24

24

23

23%

23 7 a

2374

2374

247-4

24

2474

4.600

1,600

gtd

Class

B_.

874 Jan
17% Oct
jlt Nov

108

July 22
1287b Sep 14
120
Sep 22
1474 Apr
5

4
1
2

21

7

2 74

Jaa

2874 Nov

Alay

37a Nov

x33
3

100

50
50

No par
Yo par
No par

No par

—100
—No par

1st preferred—100
2nd preferred—100

Sys Inc ci A——2.50
2.50

7

37b Alar 12
111

Aug 27

'

1374 Jun
23% Jun

7

8% Nov

7

5
1

41

727a Oct

29

1974 Apr

6

24

8

17.74
18
99%
874
3374
2%

Jan 12;
Jan 3.
Jan
8
Jail 13
Jan
2
Jan
2
77b Jan
7

July

108

>

May 17

34

July 22
July 23
9% Afay 11
177 b Alay 13
774 Alay 12
50

Q
4
4

21% Jun

2

157 a Oct 29

6
Jan
15*4 Jan
6
367b Nov 10

Apr

67a

9774 Deo

Aug

3%

41

54

Apr
174 May
1%

11

274

Mar

Deo

-

174

1574

32% Deo

Sep

19

Jun

13% Oct

Apr

100% Nov

574 Apr
2774 Apr
7b Apr
2% Jun

974 Oct
3674 Jan
274

Jun

874

Jun

47b

Jan

1374. Sep
774 Nov

Aug

177-4

3974 Jaa

274

Apr

July

87a
1

1 20

May

274 Feb
25

4374 Jan
9

92

May

July 15
874 Jun 25

32

Oct

53

28

99
34

11

120

Deo

74% Jun

7

11674 Aug 10
40

108

Nov

3

Sep 22

67% Apr
10774 Jun
22

Jun

3974 Nov
125

Deo

73

Mar

11274 Nov
3174

Alay

9574 May

.sAug
Apr

3

Jun

Nov

Deo

1074 Aug

274 Alar

7

3974 July

Jan

70 74

Jan

Sep 27

Jan

Nov

1374 Feb

Dec

s

Jan

11%

Jan

4

Jan

52

117b Jun

327-4 Apr

1574 Aug 18

Deo

8% Nov

17b

47

857 b July 15

Jan

147a

33

10

Oct

Nov

93

l

Jun

Deo

37-4

2374 Jan

■7 374 Alay

141

Jan

374 Nov

Apr

May

18

106

Jan

374 Oct
13

Apr

May 27

1574 Apr 30

24% Jan 30
677b Jan
7
1074 Jan
2

274 Nov

Jun

12

13% Jan

17b Aug 26

2374 Jan
110

Jan

3

1174 Jan 12
4

19

90

Apr

22

6

2

77

35

8

1574 Jan

Deo
Jan

Jan

8

4

2
2
6

Deo

9774
1207b

27

Apr

77b Jun

374 Jan
3
Jan
1574 Jan

29 74

Apr
Apr

104

2

96% Jan
4
27
Feb 10
274 Jan 13
32% Oct 13
123
Alar 17
67
Feb
2
109% Jail
4
28% Jan 22
10174 Jan
7
84
Jan 23
50
Feb
6
34
Nov
9
3374 Jan 12
142
Afay 13
88
Jan
4
62 74 Jan 11
1674 Jan 11
10374 Jan, 12
1774 Jan
4
108
Jan
7
1374 Nov 3
2% Jan
2

Apr

110

July

14

487b Jan

Deo

Deo

.82

82

Jan
Jan

27b Jan
107b Jan

Deo

4274

Sep 21

115

327b Jan

/

15

73

130

July 16

237b Jun

Alar 19

Jan

5474 Apr

74 Oct 21

8

98

28

407a Jun 25

26% Jan
7
9574 Jan 26
119
Jan
'967b Feb

Jan 12
Jan
2
Jan
4
Jan- 12Jan
2

{Colorado & Southern————100

Columbia Brd

54 74

407a Jan 21

167b
1%
9774
3
13
3

Colgate-Palmolive-Peet———No par
$4.25 preferred——
-—Yd par

1474

24

3174 Alay 29
57b Apr
6

22 74 July

July 19

No par

A

12%




Deo

1674

Alar 27

Jan

-100

(The)

974

12

7%

Preferred

Coca-Cola Co

12%

1955.

Deo

117

.1

Special gtd 474 stock
Molybdenum
Cluett Peabody & Co

10 34

For footnotes see page

Jan

17,

July 13

—Yo par
100
—100
1
5
No par

Climax

14

24

Nov

95

Oct

25
5

Pitts RR Co

&

12%

*2374

107a

Jan

144

100
No par
Clev Graph Bronze Co (.The)
1
5% preferred
100

1474

*11

Feb

Dec

s

132

$4.50 pfd

1274

.

Q74

2174 July
3% Jan

674 Alar

1

—10

Oil

Louis Ry. Co

147a

*13%

Apr

10

May 20

Oct
Feb
NOV

2474 Oct

Feb

2%

44

Sep

77% Jan

—.No par

Clev El Ilium

Clev

4,100

Cotton

Copper Co_

5%

190

106

36

*145

3 74

Jan

4%
19%

12774 Jan 21

—25

A—

City Investing Co
City Stores
Clark Equipment

10

80

113%

3774

*>10%

560

%

3374

3574

.

18

3

_Yo par
40

RR Co

Corp
City Ice & Fuel..
6 74 74 preferred

50

3474

150

16

8

_10Q

Chrysler

2,200

104

5274

11374

Jan

Sep

3% Jan

41

preferred——

{Childs Co
Chile

20,600

53%

*145

50

3,200

147 b

36

*112

-

28%

3774

*52 7a

*35%

27s

69 7

a

~9%

674 Jan

2 5 74 Jan

Chickasha

1,600

•

Deo

24% July 14

7

600

3,200

1674

*14'4

Nov

2074

40

9 % Apr
19% Apr

25

Jan

700

14%

15%

*12%

2974

147a Alay

3

174 Mar

2

Jan

15

1474

16

15

4% Jan

12%'

1474

1574

12

9

40

*14%

4,900

14%

1574

15

7

4

;

56

9

Nov

x85

*12

16%

147 a

157a

12

67a Nov

Oct

19 74 Alay

.'

3074 July 13

2

100

1574

1G

13%

1674

12%

2274 Jan
7
52% Jun 24

14 >

16%

14%

15%

53

Oct

1574 Mar
25

257

9

7b Jan

1674 Alay

5% Apr
7
18% July' 2
83 % Apr
6

10

Jan

A—1

Deo

774

Sep
11% Sep

Oct

49

Nov

Chicago Great West RR Co
:—50
574 preferred..
1—50
Chicago Mail Order Co
—5
Chicago Pneumat Tool——Yd par
S3 conv preferred
Yo par
Pr pf '
82.50.)/ cum div
Yo par
Chicago Yellow Cab
No par

13%

1574

674 prior

Class

7,800

15

12

8574

574

May

107a July 15
29% Nov
1

97b Jan

14

Jaa

11233 Jan
3% Deo

Apr

26

157a Jun
75

No par

Products—

Chic & East 111

8,900
%

1674

15

109 74 Oct
:

Jan

16

No par
-

Chesapeake <S5 Ohio Ry

9,400

1574

13

7

67b May

66

*

17%

1574

3%

4774 Jun

1

3174 Jun

_

217b Jan

■

16%

*

4

'

Jan

1474 Oct

74 Mar

2%

19% Sep 13
29% Apr
5
3574 July 19

20

Champion Pap & Fib Co.—Yd par
674 preferred —:
100
Checker Cab Affg
:
5

11,80Q

1174

374

*12%

x 103

35

Dec

54% Aug 17

1074 Apr

Nov

41

6

11674 May 10

1474 Jan

Chain Belt Co————Yd par

1,700

45":

3%

*15%

2

Nov

1

—

Preferred

150

674

*51

Jan

July 10

1074 May 6
11874 July 27
97b May 10

674 Jan

300

%

17

53

18% Jun

7674 Jan

400

:

*14%

*51

7

45

__100

Sugar Co
Century Ribbon Mills—1

500

.

18
20 74

2474

11

67b Jan

i-100

Central Violeta

2,300

10774i

5%
-i

11

.374

20 7 4

3

Caterpillar Tractor
;
NO par
Celanese Corp of Amer__
No par
574 series prior preferred
100
7% prior preferred
100
774 2d preferred
100
Celotex Corp
__Yo par
574 preferred
——,—20
Rights
Central Aguirre Assoc
Yd par
Central Foundry Co
1"
Central 111 Lt 47474 preferred—100*

80

4474

5%

'

157 a

4

59%

*17%

19%

45

4274 July 23

4

104% Jail 12

.100

{Cent RR of New Jersey

112

58

10774

24%

2
8

Jan

1

Cerro de Pasco Copper

1974

574

:-: 77

,

—100

Certain-teed

*10674

22

!

9% Jan

2974 Jan.

___5

Co

5,300

20%

4374

(J I)

4,500

10774

6%

1%

7
Apr
2374 July
97a Apr

*

13% Jan 13
2974 Jaa 23
:__25 •/...
67a Feb" 9
No par % 367.4 Jan 21

Preferred

5

107 74

27

Case

36

*1874

4574

"26

5

174 Jan
10% Nov

—1

;_

47b

19%

Jan

% Jan

Apr

No par
—50

Ry

Co

35 74

10774

6%

Steel

1,900

7

112

19%

45%

*2474

43

1

—10

5,500

18

/*674

-

61

*1774

3574 Nov

1% Mar

974 Jan
274 Jan

class

Ohio

5%

60

Jan

Apr

30

A Apr

100

Administration

S3 preferred A
Clinch &

Nov

26

44
July 14
447b May 21

13

Copper—_5
No par
—5
Ry Co
i
..100

357b

5

60

974

1774

115

35%

474

9

18

674 Z

674
115

9%

2134 NOV

2

'

'

974

'

20%

107%

270

•

9

*17%

27b
*110

1077a

18

*19%

r

18%

23a

11074

;.

5874

17% .1774

18%

274

11074

47b

•j:

7b

%\T

O

35

64 %

64

11674

115

4

574

36

115%

674

>

.

367b

367b

5%

117

1774

118

36%
>

100

8

674

67b
*115

118

123

*110

9%

18

19%

30

*122

274

110%

8

.10

105

123

187 b

27a

.

105

122%

117

18%

187b

19%

2%

11074

10574
123 74

aV

2074 Sep.

Jun

■>•'•'% Oct 27.

Cons

Southern

Capital

70

12374

:

Hecla

Carolina

1,100

143%

*104%

A N;:%

7

77b

1574 Jan

•}jf Mar

Yo par

Carpenter

1174

'32

16

Oct

Jan. 13

2% Jan

Carriers & General Corp.

118%

-

7

No par

400

105%

.

12

5

Jan

Deo

3 7 4

3174 Nov

"

12374

.

Nov

127b Apr;
307a Jun

1——5

400

4%

*10474

■'vi

45 "

8

574 Jail

Canadian Pacific Ry
Cannon Mills

80

*122

119

&

Canada

310

10574

11874

Calumet.

2.500

123

.

2874

Jun

Deo

'

X4474

*10434

,

6%
9574

123

;

7

Jaa

17% Jan

1

4

1057b Apr

;

40%
2234

Jan

174

Jan
Deo

9574 Feb

'May

147a Nov

20% Jan

Campbell W & C Fdy
""Canada Dry Ginger Ale.

200

45%

'

*27 %

4%

6.400

42

,

*'43 74

*121

32%

>;

*41

95%

*27%

--674'.:

77b

45

95

xl5

Jan

__10

——

43

'

674

'

8

—30

Zinc-Lead

Deo

31%

Mar

37% Jan

Bldg 7% preferred—100

Packing—.—
preferred

5%

Callahan

19%
25

33

—100

California

30

■%

•

July 14
6% Apr
3

—100

Participating preferred
Byron Jackson Co

■

Jan

75

Apr
13% May
187b Mar

39

2074 Jan

:

.12
.

30%

1

3 7 74 July 23

24% Jan

conv

Oct

9

1

;

July 15

IS

Yo- par

preferred
Butte Copper & Zinc
Byers Co (A M)_—

1,600

53%

.

5 ',4

51

8% Nov

1

Butler Bros

900

18%

54

54

Bush Term

8,700
'

.

117b

68

.67

-2474'

54

874

2774
*3 74

•-.

500:

30

16

Termiual

>

874

28

28

68

*53

Bush

30

41

3374 Sep 20

2

Yo par

3,700

.

2

No par

—

10,000

.

374':'

May

8

par

—__

72

20-% Jan

—100

Bul'ova' Watch

200

May

Jan

20

par

—

25

1174 Nov

Yo par

;

Apr

July

2% Jan

—100

1,000

9

26% Jan. 13

No par

Forge C.0__

8

28% Jan

5

Yo

Jan

137b May

•

No par

Wheel—

147a

58

22% Jan

Yo par
i—5

:

Jan

21

17

'

Yo. par
Transit—-___Yd par

—

Nov

Jan

7%

11% Jun

'100

38% Jan

l

_5

2,700*

157a

19

85

Deo

Sep

567a May 6
96 7 4 July 29

13

Jaa

19%

5

17

Jun

121

Apr

147*. Apr

6

Dec

19% Jan

July

1874

Sen

3%

497a May
105

July 24
2174 Mar 30

3

41% Jan

•19

9

15

Corp

3074
109

22%

iV

Jan

12% Nov

Maine

&

2674

x26

*106%

*22%

3la

J

69% Apr
6
12174 July 20
337b May 5

9% Jan- 26
76

3'
5

$5 preferred
Budd

700

.

*15

*104 %

.Yd par
.—100

—

(E G) Mfg.
preferred—

'

>

1974 July 14

Inc

Bullard Co

41

24%

53

7%

5

4

60

1674

20'4

7B

*40

13% Jan

Yo par
Yd par

3,700

*58

3 74

*6574

25

53

53 %

'

11% Jun

Eucyrus-Erie Co
7 7o preferred

35.100

17%

58

28

10%

1274

,68
18

8

2

7,800-

.

17.

56

8

77a

68

■

0%

6l,b Jan

.Yo par

290

39%

3874

3%

107i

70

■

par.

Brass

&

(The).

{Bklyn-AIanh

,

7,500

56

*51

28

20%

74

19% Mar

No

7%

17

2674

3%

8:14

*19%

*52

4

Brooklyn Union Gas

4774

30/'/

109

11%

28%

3

12 3 a

12%

26%

37'a

774

3%

0 9%

Jan

Bruns-Balke-Collender—

9774

16%

*10774

ii.%

28%

29

*3%

26 74

107

3%

54

"a

16

'

54

8

8

Brown Shoe Co—

5

.

*17

17

*30

1174

374

GO

*28%

8

4

277b Jan

1,500

.

116%

774

31

167-4

3074

2574

107

12

374

*56

:

!

10974

11%

3%

3i»

27

%07

54% Nov

Roller

'

>108%

Dec

3,400

47

,

•774

17—

4,100

7%

474

97

46

6%

1,900

*95

92 74
45

,

774

17

8%

—_

Briggs & Stratton—
Bristol-Myers Co
{Brooklyn & Queens Tr__

1,500
.

16

*11574

11574

474

200

.

<70%'

16

115%
47a h- 5

11574

474

7,500

;

14%

774

774

%

48

774

7% /

23

—

5,000

.

,

%

.

*3834

16

774

774

97

48'a

14%

4074

16

11574

11674

574

*38%

16

87b
25

.

%

15

15

4074

1574

1

*7a

1474

*3874

1674

774

-

74

t

*38%

16%

7%

Jim

110% Jan.

No

class A

Stores

Bower

1,100'

>; /

874
257b

10'i

17

RR < assented.*-100
Bearing Co—
5
Braniff Airways Inc
—2.50
Brewing Corp. of America
—15
Bridgeport Brass Co
•
Yd par
Briggs Manufacturing.
No par

1274

8%

*38%

Ami Co

Boston

12 7 b

24%

14%

5

Borg-Warner

1274

25

157a

8% Jan

Borden Co

500

247b

15%

2434 Jan

2,300

25%

!a

Apr

6,700

3

874

%

Aluminum

Bond

3374

247u

.

17-%

3,300

I 33

3

127b

'

Co.—

Class B

>3374

34

97b

42%

Bon

700

;

-

25 %

*41

Eohn

110

974

£

54

3

1.5

Mfg Co

Boeing Airplane Co——

150

4574

32 Vu

3374

*33%

•]
,

11,300
//> 1.500

.

27-74

-

274

*3374

9

467a Mar

July

1.00

Bliss & Laughlin Inc
Bloom ingdale Brothers,.-.

70

:

88

•313

31

2775

2774

43

25%

:

5

38

Nd par

Blumenthal & Co preferred

1374
■

•

15% Nov

56% Jun

7

"

7b

407b

96

1374

25%
.-■4

34

37

15%'

*90

8674

*44

*30%

*14

•

& Decker

Blaw-Knox

400

9% May

20

23

22% Jan

No par

Black

6,400

1711 a Sep

Highest
$ per share

.54% Feb

No par

1,000

7%

15

13%

(Del)

7% preferred——.
Bigeiow-Sani Carp Inc——

17

96

74

800.

13% Mar 17

$ per share

oar

—Yo

1,700

,

.

*1674

13 74

%

>

16%

/: 73b

43

85

4574

*3474

No par

$ per share

_1

Co

Bethlehem Steel

21,900

34%

1674

77b-

*90

:

43

46

45%

*13

1334
96

*34

17 74

*1674

1374

8874

'■

15%

i'

33%

12%

'

/,

Foods '

*90

12%

45

*86%

15%

1374

96

1474

*44

15%

33%

1574

16%

17

*90

96

143 4

&

774

7%

-

187V

.

Best

35

■,/ •■/

Loan.

pfd $2.50 div series '33_Yo. par

1.000

11674

.

37

16%

Pr

■

337 b

55

:>■

.

■

35%

17

58

*57

Indus

3374

33%

15

■

11774.;.

37

Beneficial

2,900

16%

57

17

1674

7%

157 a

'*3674

167 b

58

*57

58

3374

33%
'

1574

*117%

16

1674

Year 1942

Lowest

102

Deo
Deo

50

Jan

48% Mar 30

77'% Alay
47
Alay
3274 Apr

44

Jan

40

257b

3674 Jan

92 74 Sep

29

54

13

153
.

123

Sep

July 20
Sep 21
July 14

68% Oct

18

247b Sep 10
10974 July 17
28% July 15
1147 a Oct

6

19% July 14
19
Sep 25
1974 Sep 25
17.% Sep 25

8474 Afar

Apr
Jan

149

Nov

5674 Afar

92

Nov

55 74

63 74

139

Jan

Apr

10774

1874

10% May
96

May

1374 May
7b Apr
1

Jan

17% Nov

1174 Mar

9774

108
'

Deo

Oct
Dec

1374

Jan

4%

Sep

574 Sep

Afay
% July
874 Apr

1674

874

IF.% Dee

Apr

5

Sep
Deo

THE COMMERCIAL & FINANCIAL CHRONICLE

1948

LOW

I per share

share

per

4v«

4%

'

SALE

S per

4

73%

72%
Si

share

4

73 Vb

90

90

14%

15%

15%

15

15'A

15

38%

38%

37%

37%

*36%

38%

\

38%

37%

38 %

"105

105

68

*68

36%

107

>

37%

"104%

90

39%

40%

39

12%

13%

12%

lo

\k

67% '70%

67%

70%

25%i

25%
8%

24%

8%

8%

21%

21%

20%

20%

19%

20%

19%

104%

104%

104 %

105

4

4

Va

22

y-.i

22%

";Vv 2'/a

40 Va Jan

2

77% Sep

28

30%

100

37

Jan

2

73

18

29

Sep
Sep

Jan

300

No

45%

par

79 % Jan

13

98% July 15

51

Mar

Dec

No

84%

par

7

19% July 14

Jan

11%

114 Ve

15%

*36%

91 %

Apr

l

20'A

Jan

Commonwealth & Southern_.No par
$6 preferred series
No par

Jan

2

36% Jan

2

21 Ve Jan

2

%

s/e

%

57,000

70%

70 Ve

74%

15,000

25%

25%

25%

8,500

Commonwealth

8%

x8%

8%

1,300

Conde Nast Pub Inc

No par

21%

21%

21%

2,400

Congoleum-Nairn

No

20%

21%

1,200

Consolidated Cigar
A
6% ft prior preferred

.

8%
21

*20%

.

21%

104

104%

104 V 105

3%

3%

;

3%

190

37/a.

11,500

2,500

2%

2%

2%

15%

15%

15%

2%

2%

■>,

2 Va

15%

16

15%

6%

6%
27%'

28

27%

27 Ve

26%

10%

lOVe

10%

11%

20 Va

■19%

20

19%

19%

20%

20%

104%

19%

8 Vs

8 »/4

109%

108 %

:

;

34%

34

31%

2,700

33%

-

•

19%

7%

1,000

32%

33%

11%

10%

11

10%

46

46%

46

■

—

46%

4,4%.

5%

30%

30%

30%

30%

"23%

24%

22%

23%

24

5%

4%

4%

4%

31

10%

11%

10%

10%

10%

50%

50

50%

*50'A

32%

*14%

46%

.

14%

58

14%

14%

46%

46%

46%

44%

45

57%

57

58

"181

15%

:

182

45

33%

"56%

4%

4%

4%

4%

4%

1 Ve

1%

X. 1%

l7/a

1%

19%

19%

18%

19%

104%

105%

105 %

21%

20%

18%

19

105

104%

17

20%

1,200

Copperweld

130

15%

1,600

44%

460

Corn

Exch

57%

1,300

Corn

Products

179%

200

4%

4%

3,300

1%

1%

900

19

19%

8,500

104

104%

340

20%

800

—

—

15%

16%

"28

28%

27%

28%

27

28

»4H%

47%

46%

46%

46

46

17%

17%

15%

15% > 15%

14%

15%

98

14%

16 Va

16%

16%

17

4.300
7,700

Crown

•

15%

15

15%

98

98

98

x97

97

96%

96%

90

28

30 Ve

28

29

29

29%

28%

29%

72%;

72%

71

72%

5,200

72

72

72

72

18%

16

17

15%

16

16

16%

17

9%

10

10

10%

"109

lOVe

9%

11

;

114

11109

114

103

'

*97%

"97

105

23%

*21%

22%

*106%

108%

5%

4%

5%

5109

105

21

108 Va

*22%
*106

114

"97%

23

20 Vb

22 %

*21%

*109

*21%

22%

106

23%

22,

106

22

—,

.

*104

108 %

3

5%

*90

93

>43

43%

:

■

■

,

43

40

: 7%

6%

17%

7

:•>"■"

90

90

4%

■

16%

88

41%

■■

5

•■>■:.

88

89

41%

42%

fa'%

6%

6%

7

16%

16%

16%

:■; :■

/.

*115

125

■119%

*140

143

140%

%

*117

125

*110

vv.

*130

143

*130

21

19%

20

17

27% July
Apr

5

14% Oct

7

37

2

Jan

47

U Jan

25

.*87

20 V2

20%

*6

92

■

;

__

22% July 14
108% Aug 19
23 Va Mar 12

5,800

*108

•6%

•—

38.200

'

125

*130

—

—

—

'6%

143

20

26

10

6

77

38

—100

K

1

18

Jan

100

Jan

pfd

.

Jan

39%

Nov

63

Jun

84

Jun

13%

Jun

9

Jan

88

Jun

140

Jun

74 Va

Jan

95%

Dec

8% May

13%

Jan

:

26

26% Jun

10

13

19

90

2

8

107

Oct

7% May 10

30Va

Jan

2

97 % Nov

Jan

2

45% Sep

17

9% Apr

8

Nov

9

16% Nov

8

Feb

Jan

13 % May
12
Jun

18

Jun

Jan

19%
100

Sep
Dec

2

Oct

32%

Nov

.

20%

Oct

9 'A

Jan

25%

Jan

5% May

24 Va Mar 29

Nov

Feb

26

119'/a Nov

8

80

Jan

95

Oct

Feb
84
15% Jan

10

140 Va Oct

28

44

Jan

81

Nov

4

26% Jun

29

12%

Jun

18

Oct

3% Jan

100
No par
No

'6%

Mar

J2

3

17
•

Sep

8%

No par

Inc

12 VB
88 Va

5

No par

_

Apr

May

25% Oct

8

1% Jan

Jan

11

106% Jun 10

4

Dec

Nov

41

July 14

113

Mar 20

10% Jan

1

$8 prefen ed

Feb

9%
20%

Mar

23% May

82% July 20
22% Aug 11
14 Va Jun

92%

par

A

Cutler-Hammer

9

5

No

5% May
14 V» May
32

July 15

9

100

(The)

Cushman's Sons Inc 7ft

10

2,700

Oct

99% Aug

8

Curtiss- Wright ———1'

50

20%

Dec

2

7

Nov

Dec

4

Nov

Nov

%

Nov

Nov

Jan

Oct

3%

Apr

14%

July 27

9% Jan

Dec

18%

Jan

17

Dec

58

98%

28

23 Vs

37%
179

Apr

81%

Inc

15

Apr

Jan

11% Jan

105

Jan
Jan

Jun

2

7%

Nov

12%
51%

12%

27

71

21%

10%

Oct

10

Apr

Apr

85

Oct

100

preferred

Class

Jan

31

30

$7 preferred
Prior preferred

60
1,300

16%

■

—

—

Press

4 Va ft

i!

5

Packing Co

Curtis Pub Co

May 17
May 22

47

—100

Dec

Apr
Apr
2% May

6

Sugar

Dec
Nov

Mar

23%

12

No par
No par

Amer

Jan

4%

42 Va

Jan
9
18% Jan
37% Jan

No par

Dec

8%
42%

27%

159

par

No par

preferred—

conv

8%

2

2 %

16Va Jan

.•

preferred —————-100

5Va *'»

20

49,700

95

2

50 Va

7

6

14 % Jan

100

28%

Apr

Api

45

May 21

186% Sep

2% Jan

1

No

of

Apr

61 Ve

2

Jan

Jan

17% Aug 20

53% Jan 20
176

Oct

Dec

103%

2% May

Aug 24

Jan

5

5% Sep

2

15

preferred———
6ft
preferred

Cuneo

400

:.

5%

41%

143

119

22

108%

■

125

140%

19%

21%

21%

37% July 15

53

RR

Cudahy

6,000

5

—

17

7%:;
17%

V

100

22 %

22

.

17

5%

7%

V:*104

-

so

42

102

■■:

—v

•

5%

8

1

Corp
preferred—

Cuban-American

114

22

—

conv

Cuba

210

*95

97%

$5

7,800

*109

22%

•

8

6

Zelierbach

Crucible Sieel

800

17%

10%

9%

114

97 Va

22%

4Ve Jan
25Va Jan

25

preferred

Crown

3,600

v

74%->

11

30%

—100

Cork & Seal

$2.25

900

30%

"17

28

49% Sep 20
7'A May 6

1

Jan

Nov

9

Apr

4

15% Jun

Co—_20

Crosley Corp (The)

28%

21 Va

36% Jun

2

preferred

46

Apr

7

7

1

conv

77

7

Jan

*8%

.

Jan

16%

2

]8% Jan

Corp

Co

5%

Oct

96%

Jan

7

45

Cream of Wheat Corp (The)——

28 Va

20 %

99

26 % Jan

x9% Jan

,

46

14Ve

24

5

Refining

27%

73%

"98%

Electric
Trust

3

May

40% Jan

50

Coty Inc
Coty Internat Corp
Crane

110% Sep

Jan

No par
L

Preferred—

Nov

Jan

11% July
2 Va Apr

2

5

82

7

11% Jun

5

Co

46 Ve

27%
*46

15

20%

'

—.

3% July
4%

25

23% Jun

7

"

—

21

Oct

6

5

series

Bank

107

Jan

96

$2.50

Continental Steel Corp

2,300

*56%

Jan

1

11

Cornell-Dueilier

1%

Jan

%
9

-

30

x4% Jan

100

Del

24%

Steel

Jan

16

20

Motors

50%

—

105

21

89

par

6

No par

Continental

*179 Vb

19 Va

18%

105%

20%

46% Oct

Continental

'

21

24

9,000

1%

104%
"21

33% Jun

—20

10%

Jun

Apr

27% Mar 30

38,700

pref 5ft

%
7

16
Aug 11
16% May 10

pfd-—No

15

4%

2

*1%

9

11

5

of

94

1

16

preferred————

Oil

16%

Apr

27

Jan

50

50'A

.

Sep

7

preferred

Conv

8

29% Oct

4% Jan

Insurance—

32%

Apr

21% Mar 29

19 % Nov

25

Continental Can Inc

8,700

11%
78
'

1

Diamond Fibre

•

179%

4%

4%

8%

5

pid—100

Continental

24%

—;

57%

179'A

Nov

Co

Continental

44%

57%

5

9

1,800

4%

45

179%

15 Ve Jan
91% Jan

12

2,100

31%

—■

56%

Jan

par

10

10%

,

—

179%

181

179%

:

Feb

7%

2% Feb

46

-

15'A

15%

97%

Sep

lOVe Nov

10%

■

51

15%

Apr

4

Sep

26% Nov

45 Vb

11

50%

83

'

24"%

24%

11%

51%

Dec

2

6% Apr
7
24% July 15
105
July 24

of America

31%

50 %

12%

109

wd_—15

Gas

6%

9% Aug

6
8

3% May 12

Continental Baking Co—

100

3

Jan

19% May 12

Container Corp

-

11%
"

2

Apr '

Jan

3% Nov

90

11

2,200

—

4%

31

24

'

10% Jan

11

11,500

■

5%

Jun

12%

Va Jan

19%
V 8

"

■

11

47

1%

5

7% Jan

19%

110

Dec

Apr

12

Jun

1

$4.50

7%

Jan

17%

Jun

No par
5

Consumers Pow

*109

Jan

3%
18%

July 20

11

No par

190

.7%
110

32%

Coal

23%

27
25

Aircraft

Cuba

of

44%

7

24% July

Oct
Jan

21 Vb July

13

—10

RR

Consolidation

$2.50

25

2% Jan

No

103%

'

30%

Consol

2,300

76% Oct

Dec

Jun

as

17 Va Jan

Preferred

11,600

May 10

10%

5

Corp

Natural

Vultee

•1 %

34

7% May

par

—100

102%

19 Ve

7%
*108

Laundries

Consolidated
Consolidated

45

104

Consol

6,100

July 14

No par

partic preferred

15,000

13

*43

$2

4,100

,

10%

13

104

110

31%

9 Ve

13

19%

7 Ve

*ios

9%

7

'27%

45

12Ve

10%

47%

"47

9%

6%

.

*43

104%

19%

8

108%

7

46%

12

m.%

8%
12%
45

104

20%

7%

"108%

6%

—25

Inc

$5 preferred
Consol Film Industries

2,100

10% .11%
19%
19%

6%

Edison Co

Consol Coppermines Corp
Consol Edison of N Y,

26,100

11%

"103%

Nov

20

44% Jun

27%

104%

105%

107% Sep

2

22%

8Va

Dec

19

103%

12%

Oct

29%

15

3%

"42

35

Jan

9% Jan

16

Oct

Jan

29% Jan

conv

Jan

16 Vs

104 Va Jan

22

9%

54

24

7

100

103

13%

Jun

par

22%

45

July 9

44

Nc par

103%

8

41

14

No

21%

12%

preferred—

11

25% Jan

Commercial Solvents

103%

"42

30% Jan

10

5'/b

Comm'l Invest Trust

6%

"104

4% %

Credit

Jan

17,500

10%

10 %

preferred—^———-IVo par

Commercial

100

9

10,700

27%

13%

Pictures

13%

6%

46

Co

40Ve

11%

13%

Carbon

Oct

13

21%

"20

_

40 %

27%

10%

$2.75

3,900

6%

"43

Columbia

400

37%
107

11%

20%

Columbian

2,600

38 Va

36Ve
"104ve

::: 27%
*20

2% Nov

100

preferred

103%

2%

Sep

preferred series A

5%

21%

16

t per share

6%

103%

15%

1

.

20

22%

2%

16

*15%

2

1,900

103%

21%

2%

■

•

24%

3%

103

103%

103%

*

3%

5% Jun

25

105

105

2

Highest

share

per

lVe Jan

90

*86

107

u

20

*20%

share

per

par

70%

20%

24%

8%

.

Year 1942

13%

8%

22

,

8%
22

$

40%

Va

25 Vs

No

t per share

13 Ve

13%

H

Columbia Gas & Elec

44,500

73%

Par

Lowest

70

'

*67

37%

104 Va

40

13%

U

Range Since January I
Lowest
Highest

40

40%

13

70%

Range for Previous

STOCK

EXCHANGE

•

"37
*

107

4%

73%

69

90

40%

70%

3'/e

NEW YORK

Shares

per share

$

share

39%

68

'

105

per

15 Ve

38

16

38 %

$

74%

70%
92 %

'

/.

the Week

4Vb

"65

94

Sales for

Nov. 12

Nov. 11

*87,

69%

"90'/a

STOCKS

Friday

Thursday

Nov. 10

3%

75

73

PRICES

Wednesday

$ per share

4%

3%

74%

74

69"; e

HIGH

Nov. 9

Nov. 8

Nov. (»
S

AND

Tuesday

Monday

Saturday

Monday, November 15, 1943

5

7% Oct

96

par

D
"6

"17% 1. .22

*17%

24

35%

22

12%

VV

22

34%

35

34%

34%

*34%

35%

*34 Vb

*17

18

*17

18

300

*110%

22

22%
■

17%

17 Va

17%

17%

14%

12%

13%

6%

5

20%

46

46

48%

5

21

20%

46

46

*43

30

41%

12

12%

31

27 Va

30

41%

12 Vb

30%

27%

28%

96%

96%

13%

14

97%

96%
14

14

"43

43%

42%

43

"29

29%

28 Ve

Decca Records

Deere

200

28%

18%

27'A

Dec

1

2 5'A

May

30%

Nov

10

Deisel-Wemmer-Gilbert

12

Jan

2

20% May 19

9%

Apr

13 VB

Nov

7

Jan

2

17% May

Delaware Lack & Western

50

3% Jan

2

10% May 10

Detroit

20

16% Jan

12

22% July 14

14%

1

48% Apr

37

Oct

7
6

35% July 12

14

Jan

21

Jan

33Va Mar

8

18

Apr

27%

Jan

6

41% Nov

9

33% Apr

46

30%

50

30%

*41%

640

31

,

"

500

Edison

Detroit Hillsdale & 8 W RR Co__100

40

17% Jan
26
Jan
37
Jan

Raynolds A

No par

,

"42%
28

12
■

.;

29%
96%

12

Diamond4 Match

No par
—25

42 Va

11%

.31

?

100

12%

2,900

Diamond T Motor Car Co—

6ft

partic preferred—

30%

31%

7,600

Distil

96%

"96%

98'A

1,000

5%

400

Dixie

*13%

14%

*13%

42%

42%

42%

43'A

43%

28%

*28%

29%

29

29%

14'A

'•■'■■

2

Cup Co

Class

22%

Dec

87

Nov

No

par

No

A

Doehler Die Casting Co
Dome Mines Ltd

par

94.100

1,500

Dresser Mfg Co

1,500

Dunhill

26%

11%

'116%

142
127 Va
120

177

38

17 Va

16 %

: 35 Ve

34

V: •'.'■■ 5%
'

34%

35 Va

;

34%

11%

*11%

140

;

128

139%
*127

119%

119%

34

34%

5%

140

*118

28

12

"

400

139'A

140

'

V

4.400

127%

*127

128%

*119%

119 Va

150

35

>34

%

5%

5%

153 %

152%

35

5%
154

:

38%

38%

2.400

16

16%

16%

400

35 %

35%

35%

35%

2,800

10

9%

10%

9%

3%

3%

3%

3%

4%

3%

.4

75 Va

79%

76%

79

78%

10%

10%

10 Vb

10%

3%

3%

3%

3%

3Va

3%

4

3%

4

79%

50

8,300
2,900

21,400

76%

"29

72%

76 Ve

78 Vs

76

75%

76

39 Ve

39%

75%

75%

39%

38%

38%

38 %

38%

1,300

30%
109%

7%

29

29

55%

"54

7%

29

55 Ve

*54*

*110 Ve

111%

6%

7%

87%

88

"89%

90

89 %

90

"93'/e

95

94

94

87

88%

j.;

For

Electric
Elec

footnotes

see

page

29

*55




30

7

55 Ve

56%

56 Va

111%

108 Va

109%

106'/a

7%

86%

7%

87

88

1955.

30%

55 Va

*110%

7%

7

%

87

87

88

*92%
%

30%

77

88

89

*38

94%

95

95

95

%

•

K

£7 %

*4

*%

&

Dec

12
1

13 V8 Mar

2%

Apr

8

Jan

122 Va Oct

29

112

Feb

5

102% May

144

Jan

127

Nov

118%

Deo

44% July

8

Apr
111% Mar

Apr

2%

Jan

4%

NOV

Apr

151%

Dec

180

Nov

No par

20

170

May 19

108

2

184

Jun

■

.3.5

(The)__.

,

Am

3U"

4

No par
No par

10

170

Mar

26

May

11

Oct

15

Jan

2

20%

Jan

30%

Dec

Sep

39 Vb July

20

36%

Dec

Mar 30

9%

Dec

13%

Jan

Jan

4

5%; May 10

A

Feb

1%

Nov

i% Jan

5

6% May 20

%

Jan

1%

Nov

y.i%

shares.

$7 preferred

30 Va Jan

8

19

8

9% Sep

J

Dec

45% July 15

Jan 19

35

11% Feb

Inc

Electric Power & Light

Sep

87/ti May 28

34

16%

2

146% Jan
X173

13

2

3% Jan

•

Oct

July

120

Aug 11

121% Sep

31% Jan

-i_4

120

130

1

.100

7

IO'/b Nov

159'A July 15

8
117% Jan 13

—5

Boat
Mus Ind

16%

Vb Nov

9% July 16

125% Jan

100

preferred

Autc-Lite

Dec

35 Va Jun

24

Co

Bros Stores

Electric

3,000

38%

cum

134%

8

Jan

Mills

Kodak

Apr

13% Apr

Jun

Manufacturing Co

Edison

6,400

73%

39%

76%
"39

6ft

Eaton

Rollins

Oct

95

5

134

1st pfd

16%

70%

4

115

pu-,

Eastern Airlines Inc

38%

4%

5ft

Eastman

177%

3%

Duquesne Light

Apr

May

v

Jan

& Co—20
Nu

Eastern

16

10%

(E I)

Dec

Dec

8

51

11

5'A Jan

9

Dec
Dec

26

May 28

153

8

100

Nemours

preferred

3.800

38%

179

de

$4.50

Jan

16

par

preferred

2,200

177%

*176

P

No

3,000

16

4%

Du

100

120

No par
1

9%
29

4

25% Sep

8
A Nov 12

32'A May
16% Apr

July 12

May 20

73 Va May

122% Nov

;

International

Duplan Corp
8ft

38%
35

Rights

122

5%

3%

80

122

152%

10%

80

*27%
6%

*118

180

x37%
16
'

'

6%

11%

122

*176 Va

16%

28 V8

6%

,

153

39%

.

28

.

11

152%

% 177%

180

'35%

119%

155%

40

„

40

"16 V8

138%
'127

34%
6%

6%

11

122

-153

27%

6%

7

No par

45
33

Jan

7% July

16 lA July 15

10
Jan
2
38% Feb. 18
22% Feb 20
15%'Jan 20
48 % Nov
8

No par

Vb

■28%

Feb

16% Mar
70

6%

125

9%

26

No par

v-;- 5%

39 Va Aug

Aug

28

Dow Chemical Co

125%

6%

May 10

35% Oct

1,600

'V,' 33%'

Oct

98 % Sep

125%

6%

37

8

125%

34%

Jan
Jan

13

125%

155%

Oct

4%
18%

83V2 Jan

124%

6%

30

Apr

21% Jan

"

230

1.100

17

8% Jan 20

No par

155%

11 %

2% May

par

No

preferred

-Douglas Aircraft—

138 Va

Mar

5

—100

Corp-Seagr's Ltd

6.600

120

34 %

8% Jan

Devoe &

7,400

127 Va

Dec

{Delaware & Hudson———-100

4,700

20%

120 %

10%

15,600

51

142%

43

30.800

20

127%

4% Apr
Apr

6

49%

142%

20

Jan

July

20%

120%

24% Sep

110

36 % July

52%

127

Mar

5

20%

11%

102

12

49%

*118

8

11

20 Va

122

Jun

Jan

50

12

"11%
'119

116

Dec

Jan

19%

6

Nov

Jan

48 Ve

26 Ve

Oct

12%

Apr

26

51 Va

7%

17%

Aug

10

21

28%
'>

"7

Jan

8

5%

32

28%

15 Va

5

29

19%

122%

2%

3

Jun

1.
No

48 Va

126r

4

Mar

19

19

9

Jan

par
20

—

Co

Preferred

21

125%

109%

Inc

Jan

2
108% Jan 20

100

53%

20%
.53

"177

&

17

12

1

14%

*30

42%

(The)

■

96%

14%

2,000

21

*43

31

*41%

41%

11%

"14

46

30%

*30%

Corp

Dayton Pow & Li 4% ft pfd
8,200

5%

30%

Chemical

35%

20%

28

Davison

34%

13%

5%

30%

*40%

14%

Davega Stores Corp
8
5ft preferred—„'.25

22 Ve

35

20%

29%

12%

112

22 Vb

5%

31%

41%

22%
35%

20%

27%

12%
97%

13%

*110%

5%

31

"40%

35

112

20%

29

"30 Ve

4,900

36

112

31%

28%
"31%

13 VB

35

6%

"45

22%

12%

22

*110%

12%

21%
•

*17%

13Vb

24

14 %

6%

22

112

18

20%

13

■;..

34%

34%

14%

*17%

13%

iv/; ■>.

>6%

*34 Ve

35 Ve

"17%

.

*17%

13%

6%

22 Va

24%

34%

•

*6

*110%

112

"110 %

7 i

12%

14 Vs

13%

V!

*6

7

;

14

,

17%

Apr

20

35%

Jan

28% Jan

20

83% Oct

28

15

Apr

32%

Jan

Storage

Battery—_ _No par

33% Jan

2

42% Sep

20

29

Jan

34% Nov

900

30

56%
107

>.31% Jan

No pa*

Electric
El

Natural

Gas

19%

Apr

300

Endicott

490

7%

27,700

$6 preferred

Paso

5ft

Johnson

Engineers

p7%

450

$5

190

$5% preferred

95

110

$6 preferred

1,600

preferred

{Equitable

23% Jan

7

.—1

....

...

Office

2% Jan

X32

Sep

9

39%

Apr

Aug 21

107%

Feb

30

1%

Apr

58%i July 17

5

12

28

4

118

9%i Sep

26%

Feb

49 %

Dec
Oct

112

3V8

Jan

Bldg

40

Apr

66

JaD

No par

57% Jan

4

92% Sep

27

46

July

73

Jan

No par

—

_

49% Jan
106% Nov

—

Service

_

50

.100

Public

39%
•'o

.—3

Corp

preferred

88% Oct

62% Jan

5

95

Nov

10

47 V2

Apr

83

Jan

% Jan

8

1% Mar

1

A

Dec

No

.NO

par

par

54

.

Jan

92

7

;

Sep 27

%

Oct

Volume

158

THE COMMERCIAL & FINANCIAL CHRONICLE

Number 4229

NEW YORK STOCK
LOW

Saturday
$ per share
11

11

47%

48

*77

7 %

714

11%

10%

10%

10 %

10%

10%

share

per

7

6%

"10 %

10 Va

10

21%

2%

*2%

:*

YORK

47 %

Erie

35,400

2,400

RR

Ctls

No

par

8V4Jar.

No

par

8

Jan

9

_ioo

39 % Jan

12

50

68 Va Jan

18

3% Jan

2

5% Jan

Pitts RR Co

Eureka

7%

:,7%

T0%

5,600

Evans

21%

2,000

Ex-Cell-0

2%

2%

500

33%

.

34 V4

: 5.200

:

3

lnt

3,400

Vacuum

Cleaner

Products

5

Co

3

Exchange Buffet Corp....

2.50

J per share

f per share

4%

Jun

4

37/a

Jan

10

Oct

52% May 19

32% Jun

44

Jan

77

70

70

Dec

Mar 26

9% Jun

8

4

14% Jun

5

Nov

8

29 % Mar 30

19

20

.

Highest

4

% Jan

5

Corp

16% May
16 Va May

Previous

Year 1942

Lowest

I per share

9

benef

5% pref series A
Erie &

78

I per share

common

of

10:,,;
'

--

Range Since January 1 ;
Lowest':.;
Highest

:'/ ;
Par

21V2

-

i'.

Range for

STOCK

EXCHANGE

6,300

10%

*77

'

V'

22%

2%

•;

10%

46%

i.v'w

-

.;N

;

10%

20%

—

NEW

Shares

10

—

:*

.•

7%

9%

v,

the Week

$ per share

__

47
78

20 V2

f

2%

2%

47

80

•.

6%

7

11%.%'
21% vj;

20

2%

"77.

.

"77

47%

46 '/a

47%

Sales for

Nov. 13

10%

9%

•>--;

78

9%

22

♦2%

9%

6%

11%

*21%

11

47

78

"77

share

10%

9%

$

$ per share

$ per

share

per

:: 10

11%

10%

$

STOCKS

Friday

Nov. 11

Nov. 10

Nov.

Nov. 8

Thursday

Wednesday

Tuesday

Monday

Nov. (>

RECORD

HIGH SALE PRICES

AND

1949

10 Va

Dec

1%

Oct

4%

Sep

7Va

Dec

28%

Oct

1

3% July

Jan

4% Apr
20
May
11 Jan

1%

Nov

F
35%

22%
10

34%

35%

x32%

22 Va

35%

21%

22 Va

21%

9%

22 Va

x21

10

9%

9%

9%

10

—

34

22

22

•10

.

33

33

%

22

No par

% Nov
21% Jan

9

42

Mar 26

27% Apr

37 V»

Jan

.20

Farnsworth Televis'n & Rad

13.400

14%

& Co

6

28

May 27

19

Jun

29%

Jan

Corp.l

9% Nov

9

11 Va Nov

6

Jun

Falardo Sug Co of Pr Rico

2,800

9%

1,100

—9%

■

Fairbanks Morse

x32

'

*14%

15

*1.05%

106

105%

105 %

"22%

23

22 Va

22 Va

17

*16%
•'

>4%
*93

104

4%

*16%

16%

16 >8

48%

48 %

48%

38%

35 Va

38

*34%

20

19

107

*105
35 Va

35%

*25%

26

34%

19%

*6%

18%

.

107

*104

35

35

25

26

'

"24%

1,700

First

19 y4

3,700

Flintkote

—

.

.

;

v?,

:

107

.

6%

45%

45%

45

46

-

11%

11%

11%

11%

11%

%

46%

V

48

12 to

32 %

25%

107%

107%

"2%

20

"19%
12

11%

11%
66

31%

31%

25%

25%

25 %

108 %

107%

107%

2%

2%

2%

19%

19 %

12%

4.300

70

;."6o

70

31%

31%

26%

700

"108%

109%

"108 %

/ *2Va

2%

2%

,*2%.

:

—

109

5%

27b

2%

2%

13%

12%

12%

25%

2%

26

2%

.

2%

•::

'

2%

■

■

2%

2-%

2,800

i

Gabriel Co

.

251a

25 Va

'4 'a

4%

,

24%

*12%

13%

12%

12%

51 In

51%

51%

5 lis

ii

10%

9%

109'/a

"106%

12%

"146

4%

334

10%

11%

10%

82

85

80

35

86%
28%

*27%

*146

4

27
147

xl46

*26 V4
35

35%

40

34%

35%

34%

40%

41%

40

40%

39%

40%

lltt%

118

2%

2%

116%

103

103

101 y4

133%

133

51%

127

36%

;

51

50

127%

35

51%

36%

18%

18%

17%

101

101

133

133

1

18 7

141

45

"42%
8

*

27%

>

34%

•

35Va "

40

2%

101 Va

*99 Va

"131
49 Va

♦126%
35 3 i

5

4%

18%

17%

6%
1%

18%

19

400

18%

42

18%

18

18%

,

22%

14%

14%

14 Va

14

14

1,400

80%

80

80%

1,280

Gen Steel Cast $6

21%

1,900

General

18%

300

17 %

19%

16%

7%

7%

6%

17

7%

•

18 %
"111

18

17%

70

6%

7 v

6%

71

21%

17%
112

"111

19

19%

21%

21%
"

17%

*69%

,70

21 %

10%

11%

10%

10%

82

82

18%

18%

18%

18%

46

45%

45%

83

83

81%

83

19

19%

181

8

19%

45

;

if.

1 %

11
*82

V

1

•in

*2%

2%

2%

'% 2%

-

*45.

45

•

.1

1%

•

2%

&

45

"44%

:

1

2%

2%

85

83

83

83

36%

37%

37%

100%

100%

100 Va
34 %

35%

106 V*

106%

7%

7%

7

102%

100

1%
•4%

'16%
9%

33%

4%

•15

16%

V 9%

100%

1%

1

1%

7%

lOQVa

*99

34%

106%

7%

6%

4%
*14%

1%

4%

4%

15%

15%

43a

4%

34%

106

100

1

1%

•

»:

-

7%

101

106%

34 Va

106 %

11106%
"100

-

'45 %
,?1

9%

834 -'

33%

33

33%

25

-

r

8%

15

9Va

9

101

101

35

101

33%

34%
106%

900

7%

7%

2,200

100%

100%

140

1%

1 Va

IV4

27,000

4%

\x4%

4%

4,200

7%.
100 Va

15

"14%

9%

"24

*24

25

17

17

17 V4

17%

r. 2,300

24%

24 V8

24%

12,200

33 V4.

24%

16%

17 Va

16%

16%

25%

25%

24 Va

25 Va

24%

25

23%

23%

23%

23%

23

*147;*: 148%

148 Va

148 Va

150

23%,

24%

>146 :'

147

"57

58%

♦45%

:'."57

:

18%

18%

11%

11%

11%

"3%

■;
■

6%

*57

4514

45

i7V*

18%

11%

11%
3%

3%

4

134

58 Va

:

.

;

•

134%

11%

10%

3%

10%

■f-T;

32%

32%

46 %

47

29

32%

29%

30

l

44%

45%

T

.45%

.it ,0.

220

1,300

17%

10,100

11%

900

10%

11
•

30

44%

7.900

Gulf

(W T)

5%

Nov

L)

5

Oct

Feb

16%

Apr

21 Va

Nov

22

1% Aug

9

32 % May
148

4

Nov

3

39% July

2

2

9
4

28
5

2
2

4

4

30%

Oct

44% July 15

x23%

Apr

40%

Jan

116 Va

July

119% Sep

6

Nov

107% Sep

61

1

21

137

Jan

3% Jan

5% Jan

3%

iY Jan
10 Va

25% May 20
112 % July

1% Jun
59

23% Mar
15

24 Va Jun

July

25% Jun

Jun

Nov

Apr

19 V.

Jan

8 V4

May

11

10

20

May

7%

Jan

15%

Dec

3

Jan

5%

Nov

110

x40% Mar

61

Feb

Nov

4

Apr

5%

Jan

50

17
4

May

65%

Jan

12 Va

16

37%

22

Sep
Jan

44

V4 Jun

6

1% July

6

Oct
Feb
Jan

8

3% May
97 % Aug

25

73

Nov

82

Feb

45% Sep

20

13

Jan

27

Dec

25

56";

Jan

83 %

Dec

41% July 17

10 V4

Jan

108 % July 14

60 Va

Jan

1%

Jan

11

102

Oct

9% Apr
100

29
Nov
5

x58

2% May 10

2%

27
•:

Mar

6 1

Jan

9

13% May 29

3

37

24% Jan

Sep

1 Vs

Feb

Dec

18%

Oct

Jun

25%

Feb

22%

Apr

65''

11

130

8,

Jan

27

50'

27

50!. Sep

2V',: May 27

14VeJan

4

Jan

4

13%'July 16

9

17 % May

12

25

July

13 Va

27% Jun

3% Jan

23

19%

153% May

par

Nov

1

2

2

32

2

9

19

22 Va May

22

July

Jan

2J/4 Jan

Dec

Nov

Apr

23% Nov

81% Jan

Jan

9%

Apr

18

7

100

Nov

26

27
6

par

5'/a
8%

>

32% May 10

Jan

21% Jan

10
19

Dec
Nov

81% Dec

Sep

6

Dec

4%

■ft Sep
4

6% Apr
7
July 13

Jan

90V4

Jan

17

10 Va Nov

Dec

28

2

11

Jan

16%

Sep

8

57% Sep

Feb

Jan

101%

Jan

31% Jan

Jun

8

4% Jan

1

Nov

79%

13% Mar

10

9% May 10
74
May 20

1% May

31%

55% Jun

9

23% May 29
112

Oct

Mar

14 Va

9

July

%

23

4

July

14%
107 Va

4

17

91

Apr

Apr
Va Mar

101

15

Sep

14% Nov

13
12

Jan 14
8
25 Vs Jan
9
90% Jan
4V4 Jan 11

100

Feb
Dec

109% May
Va Jan

7% Jan
29% Feb

4

25

.

i

Dec
Jan

3%

Jan

2

2

Apr

1% May
2 Ve

45% Aug

Jan

Aug

5

25% Jan

33%
11 Va

48%

n"*

Apr

14%

12

41% May 42"

Jan

July

Nov

14%

11

10 V8 May

Jan

63%

Mar

Jun

5;

28 y4

143

Apr

9 Va May

10%
10

160% Jun

25

No

30

44%

Sep

5

Corp

July

131%

10% Mar

24% Jan

No

128

99 Va Aug

——1
100

—1

Apr

24% May 29
8% Jun
8

48

Wo

Apr
Jan

110% Sep
9
2 Ve May 10

•

2

_10

Oct

13% Aug
1% May

29

5

No pot

87

30

6Vb July 23

ft Jan
1% Jan
73% Sep

Co Inc„

Jan

Apr

122

6

22% July 16

138

Jan

102

122

July 13

2

100

1%

Mar

64%

July 23

56

59
Jan
14% Jan
41
Jan

Wo par

nreferred

111V4 Apr
% May

23

2% Apr
118

14% Sep

15

Nov

Apr

85% Oct

par

132

Apr

21%

2

pfd_..Wo

(The)

120

I

4

8

Dec

Jan

Jan

Prop—Wo par

4%

90 V4

20
Ore

2% July

Dec

Nov

2

1
5
par'

140

66 %

93
July 28
83% Jan 14

Jan

Apr

98 % May 19

No par
10

Co

Iron

106

Aug 23

Jan

5

4% Jan
60% Jan

preferred

Oil

3% Jan

3%

14

_Wo

Gulf Mobile & Ohio RR

4,100

Feb

3

9%

14% Jan

5%%;: preferred...—

30

46%

104

Sep

113% Jan

80

Nov

Sep

Sep

4

par

7 V.

Mar

6%

13

5

Apr

98

35

2'

Jan

16 V4 Jan

Feb
Dec

2

9% Jun

2

108

3%

10 V*
53

8% May 19

Jan

12% Jan
Mar
% Jan
31 % Jan
15% Jan
9% Jan
60
Jan

Oct

Apr
Feb

18% May 20

2

X104

Jan

3%

4

5

129

Jan

21

2

Jan

34

Sep
Jan

Aug 31

151

12

Jan
Jan
Jan

100

Grevhound Corp

45 Va

rj

7%
71,%
20%
130 '/a
30%

2%
2%

9% Jun

1

134
Mar
4% Jan
2% Jan

83

Great Western Sugar
Preferred

«5

4

Wo par
No par
Wo par
—Wo par

Guantanamo Sugar

10,700

5% Jan

8%

Feb

Jan

Jun

Wo par

Co—

Great Northern Ry 67c

8%

51

4

Grumman Aircraft Corp—

50

107

4

Jan

par

50

(B F)

3.600

6%

m 6 V4

6V4

Co

par

1

3,900

3%

133

29

Jan

15% Jan

preferred

(H

25

Jan

37

2

Wo

Grand Union Co.—__

Green

11 % Oct

4

6% Jan
102

Jan

preferred—

Brewing

Nor

51

par

Graham-Paige Motors
Granby Consol M S & P

5%

26
2

5

Preferred

Great

14% Apr
53% Apr

25

Green Bay & West RR—

45

Va

30

46 Va

6%

-

58%

3%

5%

3,200

23%
150

"128

6%

5%
*

•

3%

45

6%

100

'11 Va

.17

,f.U

134

*125

V2

44%

17%

11%

25

"57

45

17%
.

11%

11

11%
134

134

58 %

44%

46%

■'«

24 la

148 Va

x24 Va

I

33%

♦24

11

Jun

Nov

May

11

% July

4% Jan
103% Jan

Wo par

1,100

33%

2

5

(The).

Grant

"33

1

13% Jan

Wo par

Granite City Steel

33%

24 V*

147

300

16

6% Jun

15

9% Jan
51

30% July 13

12

Jan

18%

Sep
May

37 % Oct

Co

preferred
Goodyear Tire & Rubb
$5 conv preferred
Gotham Hosiery—

V

3

Sep

8

2

Wo par

3,000

9V4

25

33%-

•17%

"24

16

.;.9V4

»

Jun

Wo par

Rubber

5%

14,300

Jan

1

7

20

Gold & Stock Telegraph Co_

1,100

1%
1%

4% Jun
14% Oct

2 Vt Jan

100

&

conv

Goodrich

10

4% May 17

2% Jan 11

17% Jan

No

preferred

Co

tGoebel

150

Nov

par

(Adolf)

1,800

12,000

♦105 V2

106%

17%

"24%

~

84%
38 V4

Jan

97

Jun

par

Corp

Safety Razor

4% %
Gobel

Apr
Apr

18

85 Va

110

131% May

1

preferred

$6

200

.2%

•

Tire

conv

4,300

lVa

37 V3

$5

15 Va

2

12

3

preferred—No

Telephone

Glidden

2,500

;A1
.

.

10

Aug 23

Jan

7

No par

Gimbel Brothers

600

18:Va

;"2.%

38%

101

84

84

83

39

36

36

8,700

;•

...

Gillette

200

11

,-.18%

2%

U* 85 %
% 36

101%

"101

70

10%
•

1

39%

39 "a

11,400

*69%

11%
84

88

"85

7%

31%

17

96% Jan

12

preferred

General

3,000

38%

Jan

No par
100
—1

Time Instru Corp

6%

18%

7

70

71

Gen

112

I8V4

7%

11%

11%

"17%
"111

18%

71%

"71

21V4

18%
112

Apr

44VaJan

General Shoe Corp__

79%

22%

27

11

No par

79%

112

38% July 10

lOe

14%

21%

13

126 % Nov

—Wo

78%

"16%

30% Oct

1

preferred-.

14%

♦111

45

Wo par

Equip Corp

80%

18%

10%

Oct

No

14%

112

Jun

No

78 Ve

22%

"17%
♦111

5

38

Sep

10

General Refractories

2,900

14%

28

19% Jan

100

—Wo

Jan
Nov

May
1
14% Oct 21

par

preferred

Dec

12%
136

75

par

par

42

Apr

May

8

6

5
5

9 V4

114

12

16

2

No par

Precision

27% Mar

4

Jun

Jan

Jan

Feb

1% Jan

No par
—No par

Outdoor Adv A

5

19% May

5%

36% Mar

5% Jan
50

9 vb Jan

100

Gen Realty & Utilities—
$6 pref opt div series

9,600

16% Jan

1

preferred series A-No par

—

8%

21

—100

Gen Railway Signal
6% preferred—

70

1

41

5

May

140

Gen Public Service

2,100

113

1

41%

7

No par

Gen

18%

51

3

12

5

Foods

28

July 15
13% July 7

10% Jan

General Printing Ink

2,700

39ViFeb

9% July 15
50

xll6% Nov

——

preferred

$6

%

11%

No par

1,800

•111%

1

May
Aug
Sep

.——No par

3,700

1%

3

4

5

Common

112

1%

113

Gen

1,300

6%

"110

5%

.3,400

18

6%

112

2

5

9% Jan

50

Cigar Inc

conv

$5

700

4%.

3% Jan

,30% Jan

General Motors Corp

34,200

36

Feb

1

General Mills

150

50%
127.

Dec

21%

Inc

Gen Gas & Electric A

500

133

50%
126%

27 V4

Apr

No par

$6

Dec

Mar

—

Corp
$4.50 preferred——

100

Feb

16%

96% Jan

15'

General

29,900

May

Jan

18

No par

120

2%
115

86

10

General Electric Co

3,600

9V4

11

Corp

preferred

2

July 29

109

Jun

No par

preferred-

cum

7%

26,600

116

116

7%

General

50

•

•

.

500

}.

40

"110

132%

,

146

146

;

18%

44

18%

40

500

22% Jun

7

Dec

39%

Jun

No par

14%

80

B':

1

1«

83 V4

Apr

16

Nov

36

No par

Bronze

29%

39 Va Jun

Dec

105

28

10

General Cable Corp
Class A

2,600

Apr

1

Amer

General

1,800

12,400

..

83%.

-

—

.

4%

87%

8

No

82

"14%

1

■

'

"40

18%

18'%

18%

*111%

113

%

42

'•

18%

18 %

18

-

1%

1%

-111%

1 ;v

6%

*110

112

1%

19

%

1 %

1 %

17%

6%

%

6

"4%

18

17%

*111

111

111

111

4%

•

112% July 12

19% Jan

Transportation-'General Baking
$8 preferred
No

___

11%

27 %
—

v

26%

25% Jan

.

6,200

6Va

.

36

36

36%

4%

1%

18%

20

♦19%

35%

"110

-

126%

126%' 127

112

1%

1%

132%
x50

49% •50%

y>

6%

♦110

112

"110

„

101

18

6%

•7

—

2%

101

4%

4%

4

"■•■'

14 Va

43%

Jan

,

par

pfd—100

$6 preferred

11%

—

115

36

4%

147%

-kx

:

—

7%

117

2%
115

127

•

__

.

'

7%

;v

27%

115

133 Va

*132%

117

2%

2

101%

*127

:

146

*110

115

♦110

119

*116

■

2 Va

2

■

.

113

Gen

Apr
Apr

13%

10

Gen Amer Investors

2.500

*146
6V2

:

40 Va

35%

113

,

\

83

♦

2,000

40%

" 15% Jan
97% Jan

Gaylord Container Corp
5 % % conv preferred

109%

39%

"

4%

81

35

*116

—

11%

27

■;

150

;

6%

11%

•81

35%

-

6%

4

10%

10%

10

11

par

10

(The)

100

.

148

147

27%

27
♦147

150

"147

1M

Co

500

*106%

5

20

13

-

v-'7

31% Jan

No par

Wood Industries

Gar

11,800

Dec

7%
29%

July 15

43

No par
25

—

(Robert)

51%

■

'

par

42

Dec

1

(The) cl A

*12 V4

—

—

'

Jan

12% Jan

6

1

*51%.

•:

—•.

10

40

4%

87

74% Nov

16

104% Jan

100

Inc

Jan

2

preferred

Gamewell

290

25%

4%

•

__

:■

■

109%

7 Va

638

6%

6%

6'%

H .3%

12

39%

.

148

*146

6%

4%
12

9%
*106%

'

39%

7%

4%

*6%

51%

—

.

Co

6%

100

Feb

18 Va

97% Oct

28

Co

'

12%

25%

'

—

•

13

*51%

9%
1091a
-

7%

\ 148

♦146

150

39

7-'%

7%

.7%

7%

Va

*106%

41

39%

41

,

—

4%

*12

•

—

25 %

*12 V4

12%

51%

9

109%

10 •1

41

13

4

4%

51%

.

10%

*106%

25%

25

x4

4 %

4 %

'

*12

12%

Gair

13,200

.
*

*12

4%

Apr

100

'

*2%
♦12 %

13 Va

Jun

8

19% Jun

preferred

conv

Apr

3

No par
10

preferred

Trailer

8

78% Jan

50% Jun

Sulphur Co

Fruehauf

30

2%

'

Freeport

Jan

11%

No

—...

Corp
preferred

prior

Jan

24%

6

8

Machinery Corp
Corp

6%

93

Dec

25% July 14

No

1

Francisco Sugar Co

10

6% Apr

Jan

Sep

19%

2

No par

(The)

Stove Co..

F'k'n Simon & Co Inc 7%

2,600

25%

31%
:> "25%

31%

25%

"60

4

14

No

$7 conv preferred

'50

12%

"19%

12%

Food

240

18

«'/4

69%

Jan

27

Foster-Wheeler

3,000

Feb

3% Jan
15

100

Stores

preferred

conv

13

105% July 27
29% Apr
5
17% Oct 25

Jan

Food Fair Stores Inc

800

15%
116%

32%

"167%

234

15%

xll63a

66

25

47

15%

"19%

5%

160

1,200

19% July 13

7
13

25% Jan

A

Follansbee Steel

1,700

11 %

131%

12

4. 31%

3214

25 =»'8

%

46%

15%

70

11%
"66

$4.50

Co

2

Jan

86

10

$2.50

Florsheim Shoe class A

11%
47
"

131%

15%

"131

20%

46%

6

National

series

Florence

45 %

138

14%

16%
133

20

1214
70

"06.

46%

46%

47

15
"131

21

*20%
•

47

16'a

6%

preferred

;_i

500

4

26

i'& 6%

5%

46

Corp

300

34 3

"24 %

6

20

107

.

343 i

„

11%

131

Fidel Phen Fire Ins N Y

6%

par.

.100

Firestone Tire & Rubber

19%

44

16 Viz

Enamel

2,200
5,400

34%

7

i

preferred

16%

1,000

6% Jan

20% Jan

No par

No

37

343/s

•

5

*.

47%

108%

11'4

131

Ferro

Corp

Dept Stores

conv

*1065a

47

"47 %

4 % ',0

260

__„2

Motor Truck

Federated

100

26

6%

Federal

16%

"11'/a

6%

Federal-Mogul

3,200

94 Va

15

No par

36%

,

'

"46

-

1,100

4%
23%

1,600

Traction

46 y4

—

—

—

35

35%

17%

93%

107

35

&

Min & Smelt Co

4%

19 Va

"104

Light

preferred—,—

Federal

22%

—

34%

19 %

; $6

700

—

109

35

26

"25%

108

Federal

80

22%

36%

35

107

35%

> *

104%

17 Va

\

■

—

48%

36%

;

108

20

*105

••

108

35%

34%

20

•■

Xl04%
22%

16%

47%

48%
36 Va

14

.

—

—

94

16%

48

35%

109

*108

35%

%

;

94

16

15%

lb %

48 %

38%

—

—

22%

22

94 %

94

93 Va

•

•

•

4%

4%

22 V»

,

.

17%

17

4%

21%

14%
105

22%

22

16%

4%
22 %

93

109

103 %

22%

4%

94%

*108

*

104

22
16%

17

16%

23

*14%

13%

13%

.

v

22 Va

4%

*22 %

14%

13

1

18

■

-

86

Jan
;

Sep

Jun

4%

Oct

Jun

33%

Oct

50% July 26

H
"26%

28%

♦26 Va

28%

*267

a

28 V2

"36%

37%

♦36 Va

37%

*36'a

37%

16%

14 V*

16 %

*16

♦12%

14

♦106%

108

,

„

*267/a

28%

*36%

37%

16

16

—

*26%

28

*36 Va

15%

*12

14

*12

14

*12

108

108

108

*105

108

*105

page




1955.

Hackensack

37 Va

14

♦12

*106%

For footnotes see

14%

16

V3

15%

.

7%

1,800

Hall

Hamilton Watch Co

13%
108

20

8%

25

preferred—

A.

22% Feb

25

Water

preferred class
Printing Co

35

10

_Wo

par

—100

11

28% Sep

3

Apr

13

1

38

12% Jan

5

18% July 23

9 % Jan

18

Jun

104% Mar 13

25

Apr

35

Dec

8% Mar

13

Aug

4

8

Jun

110% July 28

95

Mar

15% Jun.

Feb

19% May
29

11V4 Nov
106%

Feb

1950

THE COMMERCIAL & FINANCIAL: CHRONICLE

-

AND HIGH SALE PRICES

LOW

a

5%

%

*101%

105

*101%

64

7

6*2

%

102%

2

65

Shares

Harbison-Walk

15

3,500
10

5*4

5%

2*8

%;%-•<
2s.

.

2*8

14%
78

77%

14%

77%

•v'r

L

•

.77%

1
100
—1

*130
1:

64%

*111% 116

118

*112

118

*113

130

*63

Helme

1,500

78 %

2,100

Hercules

—No

Motors—

*112

116

'

*130

J

"

100

*112%

—

116

2

56% Jan
152

73
130

13

98

Jan

Apr

12%

Apr

80

Dec

88

May
8% Nov

%

Jun

1%

Jan

79*4

Apr

94%

Dec

May
141% Apr

58%

45

3

10*4

2

51

125

158

Feb

Jun

Jan

4%

Jan

Apr
Apr

87

May

Jan

16% Jan

5% May

136% Aug 26

Jan

104
146

Apr
3% Mar

May 28

17% July

j per share

Xl26

3% May 10
110% July 23
71
Apr
2
167
Mar
9

6

12% Jan

par

No par

6 9c
cum preferred—™
Hershey Chocolate
$4 conv preferred

10 %

5

100
No par
No par

Hercules Powder—

40

64

—

■

,

131

*62

.'v

64%

2

93*4 Jan 20

—25
7%.;non-cum preferred——100

20

144

5

Jan

1*4 Jan

25

Co

107% Sep

Highest

I per share

18% July 6
144% May 14
7% May 29
109% Oct 11

3

6*4 Nov

W)'—

(G

$ per share

6

Feb

4*4 Jan

2

Hazel-Atlas., Glass

100

78%

131

*63

86

Hayes Mfg Corp_

370

'

130

64 *8

64%

64%

*64 %

130

130

131%

*130

135

Year 1043

Lowest

6

13% Jan

par

100

6,200

14%

9931 Jan

No par
No

Refrac—

63

63

*163

14 3b

(M A) Co $5 pfd

preferred

102

101%
__

3,200

J per share

Par

Hat Corp of Amer class A_
6% 9c preferred—
Hayes Industries Inc—.

20

6? 4

2%

102

*63% '64%

69c

1,200

105

6%

2%

1013.'j

5%

"102

7

'

Hanna

142

105

Range Since January 1
Lowest
Highest

<,

,

'80

106*2

Range for Previous

STOCK

EXCHANGE
-

15

*163

14 %

>■

79

78*4

80

*79

•/>:;

*106

NEW YORK

■

*163

%

i5

14*4

15

15

2%
64%

t per share

"140

6%

102

*63

163

163

*163

24
101%

102

6 per share

15

*102

7

the Week

for

140

*5%

105

6*4

2*4

102

14%

Sales

Nov. 12

'

106*2

140

5*4

105

64

*63

65

*63

5*4

105

2*8

2%

102%

15
142

*'136

5*2

5*4

"106

Friday

Nov. 11

$ per share

106*2

xl4%

15*2
142

*140

142

<

5

15

15%

15%
*140

*'106

106%

105*4

106Ja

STOCKS

Thursday

Nov. 10

J per share

I per share

$ per share

■

■

Wednesday

Nov. 9

Nov. 8

Nov. 6

1065

Tuesday

Monday

Saturday

Monday, November 15, 1943

49

Jan

71

July 14

Jan

118

Aug 16

79

75*4
134

30*4 Mar

100

Oct
Feb

14% Nov

Mar

Dec
Oct

48%

Dec

102% Jan

'

*18

18%

*17

19%

*19%

21

20

20

*37%

37%

36%

36 3 V

*36%

*13%

•14%

13%

13T»

12%

13

117

29

37 %

37%

13

13*4

13*4

12%

12%

-

*18

:

19*2

37*4

12%

•■

18%

20

19-%

13

*116

13%

*13

*18

18%

*17%

:

I"'

I

■

*116

117

900

Hires Co

900

Holland Furnace

13%

900

•••;•'

.

117

'

1,300

12%

''

*38%

39%

37%

39 4

*43

43 %

43

43

13% :

12*2

13%

53%

53

53

111%

111

111

13%

*53%
*111

13
52

52

110%

*109

65

65%

65

6%

1%

6%

6*4
X24 *

2

7%

7%

1%

1%

1%

33

■./

'SS53

.

1%

10 3 b

44*4

8*2

8*2

6%

8*4

10%

7%

•■;• :/■■-/•

7%

16%

164

16 %

16 3 4

16%

16*2

16%

32%

35*4

32%

34 4

34%

—

16%

36%

:

87%

10%

10%

9%

10%
7%

7%

*7%

8

*31*4

32

30

'

114

112

112

10%

18,000

1,700

43%

340

77«

1,540

16*2

16 s«

1,900

35%

1,400

66%

674

171*2

171*2

1%

1%

166 %

170%

*15%

4

6

165

169%

1%

1-%

15%

14%

65%

*63*4

14 3

4

*65

27%

27%

26*2

134

*132

134

4%

4%

4*2

26 3

27%

a

6

11%

12

12%

12%

61%

62 %

63

64

50 V*

*49%

>&■

*109

29 3

*28%
*138

12*4

16%

30
143

28

28*2
108 *«

*106*4

108 4

86%

83*2

86%

86 3 c

*128*2

129%

*128*2
*75

129%

*135

15*2

83

*128%

*28%
140

12:

27

*106%

14%

28%

28%

29

143

*11%

27%

—

3,200

15

29

1084

;

40

,

k

200

20

12%
28

85%

3,200

129%

20

20%

10,800

55

55

66

66%

1,200

10%

10%

1,200

1,400

85

4

128*2

--

•'
w

//'
•

*128%
■—/.'■■

*75

54

55

55

67%

65%

65%

66

66 3 4

10 3 8

10%

*10%

10%

10-4

10%

17

18 *,2

17

16%

17

*16%

17%

128

*123*2

128

123'b

123%

6 3»;

6%

7,200

22%

224

1,100

66

107b

18'

163 %

Apr

74%

Feb

8% May
5% Apr

12%

Jan

8

27

,

Nov

9

Jan

2

9

5
5

.19

8
9

21

...

//•:'.
—

/

-4 %9c

600

Jones &
5 9c

Chicago. RR

Jail

109% Mar

151% Jan

28

40

July 27

147

8

Jan

Apr

61

Dec

May

166

July

% July

Mar 25

Jan

3% May
38

12*4

138

1%

24%

Apr

126%

July 14

13% Nov

1
; 1

/'•■ 11% Jun

57

Apr
Jan

5

63% Nov

Apr

/

7%

136

Dec

Dec

15% Jan

43% Mar

60%

Jan

Nov

1%

Oct

% 3%

Oct

46%

39

July 16

28

Jan'

44
Apr. " 5
38% July, 26

4
7

36
Jan
102% Jan

15

6% Jan

7

6% Jan

10% Jan
27 % Jan

'i

6

94

1%

Jan

2

Jan

18% Sep 21

6%

Jun

Jun

•2

32% Apr

3
145% Jun 10

34

39

96% Mar 30

July 24

21

100

126

Jan

27

stamped... 100

109% Aug 19

78

92% Sep
136
79

27

July 21

Aug 16
19% Jan % 7

26% Apr

6

100

54 % Nov

65

Apr

5

82

Apr'.76

64% Jan
8% Jan

Oct

Nov!

74

Nov

10% Nov
95

Jan

11 %

Dec

32%

Jan

138

Jan

Nov

10% NOV

18% May

33%

May
50 % May
322

Oct

104%

85

Jan

107%

Jan

73% Dec

Jan

129

Nov

17% Muy

24%

Jan

53%

64

Jan

61

Dec

May

79%

25

19% Sep

Feb
23:; /%. 5
117 h Mar
9
2% Jan
8

Jan

11

7% Aug

12% Jun

4

39%

Feb

Aug 28

par

9

5%

,

-7*4,

88*4 .Apr
7% Apr
24% Apr
127
Apr

16% July,. 8

12

Feb

32

26

,18

5..

9% Jan
26

48*4 Feb.

May
May
May

28

111% Aug 26

4

Jan

Mar

26

16Tb May 10

7

7

par

52% Oct

115

Jan

39
Z

July 14
16% May 10

■;»:

14

>4§%y.pref';£erie3 B/COUV:^-,——100
joy .Mfg;-Cb——
1

Nov

30Ta Oct'

30%

•

Dec

Dec

4%

11

Jan

Laugldin'Steei..—i—No

Feb

23%

Oct

...71% July 12

135

Dec

6%

11

70

pref series. A——

Jan

6

Mar 29

36% Apr

12

Apr

par

:

100

Sep 24

July 2
6% May 11

5

37% Jan

preferred-i.-----100:

Preferred

Feb
Dec

111% Feb
10% Jan

4*8 May 10

;,' 3% Jan>■ 4/

No par

'JobhS';Manyille^Corp;--'--'__^No

18%

Oct

16%
35

;

9*4. Jan

.1

-

177

8% Jan
2
45% Jan "2

1

(W BV'Co—

6

Oct
Mar

4%

10*4 Sep
Apr

67

130

Jan

100% Aug
5*4 Apr
5% May

74% Jun

9

23*4
42

21

Mar 29

9% Apr
177

Jan

90% Jan

,$6 preferred———

2%

6

38% July
115

9% Nov

May
Jan

15% Apr
8
8% July' 1

26% Nov

-1

Joliet "&

203B

68

May
July

54

11% Jan
55% Jan
3% Jan

pan

Island Greek-CoaU—
•

Jewel,Tea Co-Ti;c_

20

68

74

153

Jan

13

32'4

168

■'/•'■• % Jan

100

Intertype-Corp——_No

•

Jar.vis

100

20%

%%■>/■-•.
^

,20%

7

July 23
78% July 24

100

1,500

54

*54

100*4 Apr

162

100

•__

1,800

-.,//:>*

108%

56

55

Preferred

300

,

204

214

55

8

Nov

5%

6

5

'

108 4

...

85

—•

28

—No pur
Foreign share ctfs——No par
Interstate Dept Stores-..;;,
No par

2,800

16%

-'*14%

—

••.12%// ••//%:•'•.

*75

12*4

1% Apr

19*4 July 24

Intern!; Telep & Teleg_-

127,900

109

*138

—

•

~

400

12%

5*4 Nov

44% Jun

6

—No par
International .Shoe—— ——Nonpar
International Silver-—
50
19c preferred————————-100

;

49

-*107%

I4s-yv ,>/v44%:
29 %

27 3.,

.'•'

:;/// 16%

—

.

100
600

120

1134

—

*106*4

83%./ %■;
83 3»
129'2
128%
•v

*113

—

•••;

;

'

.

Dec

Jan

ft Jan

8

6

Paper ,Co—'——15
coriv^preferred-——100

preferred-—
International; Salt_—

3%

2

21% Jan 28
106
Jan 21

par

—No par

5 9c

1*4 Aug
5% Aug
23 %

Mav

6*% Jan

Corp.;—-ii-1

Inter.Ry^.of.CentiAjiiui--—-No

Jan
Ja n

/•

13

9% Nov

—25

.

%
2

16% ;Apr

87

—.5.
——-100

49c-, preferred——.

17

9

158*% Apr 17
62
Jan
5

—100

—••

—

18

Oct

34% Feb

32% Nov

International

700

36

29% May

Jan

56% Jan 20

%: 5%

3,100

42%
,

*114

16%

140

12

28
108 4

.

-

10P
.

30

5,200

60

*40

36

13

16*4

143

—

13

12%

.

F/4

—

*47%

120

*107%

*15

*75

20

21

*10%

;

*75

•;

12%

12

28%
*106*4

494

16

28%
-

12%

12*8
27

;>

—
-

24 Jun

4%

May 10

par

.Hydro-Elec Sys class. A

Sep

2*4 Apr:

48

—No par

Int Nickel of Canada—:,
Preferred--hi—

•

33,400

74

59

No

106

May

Dec

16% May
31% May

——No par

Machines

International Mining

•

36%
49%

12%

109

15%
109

14%/ '

*29

;12%

12%

12%

7%
.

06

Oct

"44%

1

10% Jim

144% Jan 20

:

26,800

64

Apr

11% Jan

International -Miii &; Cheni—

5,400

12%

63 3 4

30%

Feb

7

par

.

134

12*8

427«

*113

12%

*130

....

v" 4-//

7%

36%

49%

<4.

59

*40

.

120

12 4

109 3 4

*138

4

143

*47%
*113

13 *b

14*2

15%

*14%

41%

7
58

36*4

120

15*2

17

109%

41*2
36 %

49 4

B

12%

144

*13%

491

12*8

13%

*16%

41%

*114*2

120

13%

4'•'■•;

7%

56'4

'

35%

35*4

36

36

*109

7
56

*40

42%

*40
'

*114*2

7%

>

11% Nov

7

No

Preferred

:

'

Business

Int

4,200
■9;r\

27%

Jan

2

International Harvester—-—No

4,400

4Tn

267 8

—

....

12-%

■.

Int

220

1%

•

4%

/—

—

.

134

65%
61*2

170

15%

11%
6%

6,200

65%

62%
55*2

67

170

-

39%

4

100

Interlake Iron—

15,000

,

.600

*63%

27%

*130 4

1,500

6%
165

*14%

12%
8

658

*4

.—

preferred
Intercont! Rubber

Feb

38*4

Jan

Jan

.-1

6%

66

—

65 %

62 %

6%

....

12%
74

Interchemical Corp.:

165

—

65%

*61%

800

112%

Jan

Jan

1C00

Insuranshares Ctfs lnc_

65%

27*8

131

131

100

Dec

115

37

—

31

*30%
*112

—

44,

ctfs series A

8

1%

*43-i

4*2

:*7%

15%

*63*4

8

Dec

18% Jan

v

Indianapolis Power & Lt—No par
Industrial Rayon—
No par
Ingersoll-Rond
—No par
69c preferred—————100
Inland :$teel' Co—
:—No par
Inspiration Cons Copper
20

•

8,700

1%

15

644

RR See

10

10%

preferred series A——100
lines 4%——
100

Leased

1,800

"

169

6%

7%

18%

Dec

8*4

9% July 13
41% Apr
5

•

-

7

1%

15

'

.

70%

-

:

•

—

66

169

"L%

'

'

168

65*4

168*4 168%

■

100

..Illinois Central RR Co—

1,700

162

70%
10

.

6r'ts

*166

66%

F%

44

27*4

65

;

89%

*161

—

112*2

6%

6%

89

—

~-

31

*6%

165

'■ •.

—

8

•

112

•

6%

169%

.

66*4

4%

66

65

16%

*65%

*132%

63

166%

6*8

7

67'e
170%

*7%
31

113%

6

T

...

.

_No

Hupp Motor Car Corp..

Jan

Oct

11% July. 12
2% May 10

23%

10

9%

31

113%
8

'

—

72

8

*7%

67

6%

7 4>V

7

■

30% Jan

4

Dec
Nov

29% Nov

27

July 12

68 % Nov

2

/ /: ://■ /7%

;-

162

x72

9%

31

-

88% -:• /'•'■•

*161

72*a

9%
■

87%

160

71

31

*112

88 *.'4

160

73 4

2

2

10*4

;

35%

89

34 Jan

ii Jan

23%

—

'■/

114

Mar 10

59% Aug 31

4% Jan

43%

....

4-/../

43%

105

par

35*4

■

24

43%

7

7

•

104
*23%

..

*35%

162

-100

Jan

& Power Co.—No par
25
c

15,200

23

57% July 30

Houston Oil of Texas v t

11,000

9%

2

44

.——I

7*2

14

43%

July 22

Jan

21%

29% Mar 30

14

23

17

7

7%

11*4.

5

8

-

444

9% Jan

7

—

25%

12

% Jan,

1%

9%

36% Jan

4% Jaa

7%

:

24%

6

110

42%'Sep 20
45
July 2

22% Jan

1%

'

5

15

17

Mar

12*4

9

Jan

No par
No par
-—*—

11

8

100

1%

•

31

5

Houston Light

17
Apr
115% Jun

-No par

%

7

*24%

6

.—..100

7*2

*6*4

:

Jan

12% Sep
8
Jun 22

115

300

1%

44*n

71%

-

14*4

2,600

7 J/2

22%»

87

-

12% Mar

2,500

24*2

44 %

*158

1%

■

preferred-

21% May 10
25% July 13
40% July 2
17% July 12

21

7

5
—.No par
—100
12.50
—No par

2,200

■7

11%

74%

33

7

//f/;

5'' t-

11,300

6

28% Jail

—10

Household Finance

1,200

6 To

(Del).—

Class B

150

65%

6*2

--

1%

110

654
'

.

32%

*1%

*108

.

■
—

*6*4

26%

89%

600

24%

2

162

52%

6*4

11*4

89 %

3,600

24%

44*

.

—

65

'7

31%

26%

•74 5 j?

13%

6%

138

*158

300

24%

734

1%

31

1%

■
■

25*8

7%

41%

52%

—

110%

6%

6{'a

30%

:

41

^

13%

53

6,400

13

'■{'' ^ ^

.'.

-

38%

(C E) The

Holly Sugar Corp—
7% preferred—,
Homestake Mining-—'
Houdaille-Hershey cl A

10

38 4

41*2

110

31%

134

7%
26*b

*41

123j

7*8

;•'•:,■,

1%

1%
*7

26*8

42

116

'

38%

53

65%

31

32

32

38%

12%

%

6*4

7

38'.4

*41

65*h

66

66

37%

;

12%
116

--

14*/2 Jon

16% Jan 18

10
1

Hollander & Sons (A)-

123-t

■"/

12%

*116

Hlnde & Dauch Paper Co

19%
37

'

'■

117

*116

18%

*18%
*36%

—

—

Jan

K
.

*

18%

128

123 %
7
*22 %

.

*123*2
6*8

7

15
104

*103%

13*2

13%

103 %

15%
*108%
*20%

*12%
*112

30%

104

*108*2

112

13

*112

19*4

12%
114

17%
32
5

21%
*6%

21%
7

28%

32%

'11%

112

x51*4

12*4

21%

21%

6 *'2

*6%

19%

30%
17*8

.;;/•

*29

4*4
21%

*108%

20

12*2

4%
>;
•

*51

21%

12*2

*12%

112

112

30%

'

40

900
/"•

112

_

19%

2,000

12%

'2,100

11.2

30%

60

31%

17*4

*17
*29

27,200

17%

31

30%

4*2

*

4%

500

51%

21r8

214

22%

7

*6*4

28

28

27%

27%

28

32

32

32

.

11%

11

11

11%

11%

63%

61

61

11%

11%

62

63%

62

64

360

26*4

25

25*4

25

25 4

25

*16*4

17%

*16%

17

25

16*4

16*4

2,300

16%

*15 7

4%
*1%

15%
*29

*18%
*34
38 3 o

*35

*22%
114%

4%
1%

37

*35*4

23

*22%

114%
5

3%

3%

1%

1%

*114

1*4

37
23

*36

22%

114%

114

3%

4

1%

1%

103% Feb

1

110% Aug 31

14% J1111

2

24% May 11

Kendall Co, $6:pt :pfd A
Kennecott Copper—'—;—

102

370

.

100

16%

Laclede Gas Lt
5 9c

Lane

37

37

100

Lee

23

*22

23

500

Lehigh

*114

114%

140

4 9o

4

4*2

1%

1%

9.100

1%

5,000

St Louis—-100

!

..100

.

No par

Rubber & Tire——

Portland

preferred—-—
Lehigh Valley RR——
Lehigh. Valley Coal
5 % conv.. preferred
Lehman Corp
(The)——

_5

100
50

conv

13%

15'«

13%

14

14

14%

14

28 3

277 «

28%

28

28 * '2

28%

18%

18%

*18%

19 4

400

35 7«

35

35

300

Lerner

38

37

37%

No par
:
50

Lehn & Fink Prod Corp__

*34%

194

18

18%

*18

34%

34%

34

34

37*8

38*4

36*4

36 7 u

64

6%

6%

6%

*36%

38%

6%
36

6%
36

For footnotes see page

1955.




36

18%

36

37

6%
37

6%
38

6%
*37

14

28%

6%
39

3,800
•

'

4,300

4,000
29,100
500

Stores Corp

par

25

Cement—

28%

36

Jan

29

113

Apr 24

354 Apr

8

1
5
No par

Libbey Owens Ford'Glass—-No
Libby" McNeill, & L*bby_—
Life Savers Corp—1

par

7
8

Apr

11%

Feb

Dec

100 %

Jan

Jan

11%

93 % July
10% Apr

103%

Dec

14%

Dec

7

4%
100

26%

.

Jan

9

Jun

7.
2

20% July 15

11%

34

July 15

24%

Jun

1% Jan

13

6% July 26

1%

Jan

34% Jan

12

18% Jan

2% Jan

.

11

4

.

Feb

17 *

22Tb

Jan

22

Jan

Jan

7%

Apr

41%

11%

Jan

18

Dec

11%

Dec

28

Dec

19% Jun

18

39% Oct

30

Jan

4.

29

107% Jan

27

2% Jan

2

Oct

120

6

Jan

29%

21 %

7

2

3%,
27

Apr

19

11% Jan

lilJan

Jun

191'2 May

22%

16% May 21
73

11% Jan

2%

Mar

29% Jun ',7

4

27

Feb

40%

7

26% Jan

Jan

2T'fl

30% Sep V'v

.Jan

20

29

24% Sep

2

9% Jan

Dec

■15%

63% July 29

'•

il7% Jail

35

Dec
Jan

37% Jan

Apr

7

Sep

105%

May

Jan

,

Oct

7% Oct
29% Nov

6

81%

15% Jan
"

124

May

25

•

13% Dec
'

16

28% Jan

No par

(The)—

15%

38%

16% May 11

84 Jan •4

—No par

Bryant————No

37

1

Co

preferred—.

Lambert Co

29%

4

20

- con v
pfd., 100
Kelsey Hayes Wh! conv- cl A—1
•. Class,
B-™—:
1

Kelt h-Alb'ee-orpiieum

114

4*4

12

Sep

6

10

38%

Nov

17

3

25%

23

Sep

104

30

62

115

,.

17

2
2

Jan

11% Jan

32 % Sep

11%

23

33

6

7% Jan
83

—5

.Co——_

10:% Apr

64%

*37

Z

6

32% Nov

26%

-114%

.

% Apr

4

64 *2

8

1

preferred—100

29

13;.

Jan

Aug

10% Apr

26

600

7

26%

*1578

conv

127

23% Jail

•

*6%

5 9c

20

100

■

2;
2

.24 4 Feb

2,300

32%

7

Kaufmann Dept Stores™

Kayser4 Julias}

•

Kroger Grocery & Bak—;—No par

290

28

32*4

preferred—-4—

122%. Feb

3,900

2,400

51%','. :

32

4ri"non-eum

19

Xl2% Jan
:/ 6% Jun

Keystone.Steel & Wire Co..—No par
Kimberly-Clark'-Covp^-—■—!No • par
Kinney (G;R) .Coh——___1
$5 prior-preferred-—-——No par
Kresge (S S.). CoL———10
Kresge Dept 'Stores——22
1
Kress' (S H) &'Cdii_—__-No par

^^4-

,

51%

28%

Kalamazoo Stpve jfe Furn___
10
Kan City -PArL/pf- ser B——No par
Kansas City;-Southern
-—No par

1,400

'•■'-

4%

32%

.

10

300

1.4

15%

28

,

.

/Z/v

104 -

15%

112

112

303B

52

104

193a

114

3%

*12%

15*4

*108*2

19*4

17*2

55%

6*2

15*4

X32

•

28%

32 %

14
104

31

53 3s

.

23

*12*2

*16%

4%

4

*103 ;i4

15*8

*29

21%

56%

22 3

6%

13

17

4*4

*55%

304

6*4

104

31*2

*29 38

*4%

12

*110*2

30 3 i

1634

*16 3 4

*30*8

13

15*8

'108*2

30

30%

22*i

20

12

114

22*2

112

19

20%

6%

*103%

15%

15%

15%

6*8

22 %

22

23

*1334

.

*

*123*4

128

7

17

July 17

July 20
8% May 19

2 % Jun

5

8% Mar

15%

Apr
18% May

104

:\

13

May
Sep

23%

Jan

Aug

113

2%

Jun

4

8%

Jan

15% Aug
25

Dec

1

20% Jun

Apr

1%

Jan
!

Jan
Jan

Dec

12

32

17%

Apr

14% Jan

6.

224 Jun

26

11%

Apr

14% Aug

23% Jan

8

37*2 Sep

17

18

Apr

26%

20%

Jan

33 34

Dec

17

4

Mar

5%

Jan

July 26

20

Mar

24

31

Jan

Jan

12
2
4

July 14

43% July 15

84 Jun
41

33

Dec

Jan

Volume

THE COMMERCIAL & FINANCIAL CHRONICLE

Number 4229

158

LOW

Nov. 8

Nov. <»

S per share

AND

j per share

$ per share

,

STOCKS

Sales for

Nov. 13

Nov. 11

Nov. 10

$ per share

5 per share

v

Friday

Thursday

Wednesday

Nov. u

.

PRICES

SALE

HIGH

Tuesday

Monday

Saturday

the Week

66'

06

X64%

66%

'•'65%

a

65

"63%

/:

64 3 4

>

Range for Previous

STOCK
,

Range Since January 1
Lowest
Highest

'

_

Par

S per share

•

Liggett & Myers Tobacco.,-

400

25

66 Vb

66 5 b

66

66'4
179

178!

27

26'2

26!

33:

30

33

■-37

38% :

37

37%

*18 7

18%

17%

18

*26%
32>2

•

66%

x64%
178 %

%

31

36%

37

17%

2

■%

—

.

;

373

'37

19

13.14

15%

:

13%

14

14%

■14%

53

57%

: ••.

53%

55

5412

55

44

44'-4

44

44%

42%

42%

42 3

4312

4

19%

18%

*7%
7%
7*27% 728%'

13%

'

7%

6%
27%

28

1G7B

16%

16%

16%

15612

157V2

15714

158%

*21%

21%

213 4

21%

70%'

67 %

70

70 W

.;

7

%

'%%"■ '4''"'

16%

163a

16 %

157%

158%

21%

21%

21%

21%

67%

68

67%

'68%

—

i1".?-

24

Jan

7

Link.Belt Co—

No par

34% Jan

19

No par
No par

12% Jan

4

Liquid Carbonic Corp
Lockheed Aircraft Corp
Loew's Inc

2,800

Lone Star Cement Corp

2,700

Long Bell Lumber A
Loose-Wiles

•

vlVU 7.000

Lorillard

25%

28%

28 3 i

*13%

32%

30%

31%

1,700

27%

'

28%',

27!a

28

13% '

133c

:

•

.

13%

V

*138

,.0

28%

28

>;•

*13%

:.

13'%:.:

16

16%
375

>'

■

27%

.

"y\.

*13%

.

:

.

.

:

b

5%

5Tb

10%

6!

5%

6%

10 \z

*10%

11

17

*16%

.9%

6

6

17%

6

■■

6

20% Jan

12

11

11

'*18!«

18%

17%

18%

2%

2%

2%

•

&

Forbes,—

preferred—,:

,.10

■■"'

5%

*£ v 2%

2%

,c

2%

2 Va

133

28

5%

5%

5%

5%

5%

1.3%

14%

U:%

14%

llTa

13

14

14%.

13%

14%:.

13%

13%

15%

16%

15%
4 %

15%

2%;

31%

5%

5%

12%

•

\

5%

5'a

.:

15

,..•'"

,1:

5

11% Apr
128

July 24

55 ya

Apr
Sep

29

May

15%

Apr

138% Nov

6.

122

8

"16%

4%

36% V

22

2134

*171 %

35%

27%

26%
2V>a

20

174

'

4%

'4%

4%

'H

35%

'..24%;;

Jau
Nov

•

4

14% Alay 19

10

24% Mar

Mar 15

'3% Jan

320

2

6% Jun

9% Nov
19

6

1% Jan 27

1
5

Martin

3% Jan

2

Jan
9% Jan

5
2

15% Nov

Market St Ry 6% prior pfd
100
Marshall Field & Co
No par

8

D

13% Jan
'

Dec

11

727% Jan

2% May
11% May
%■ Alar

8% Jun

8

8,500

21%

21V4

21 %

174

53%

5%

4%

.

5

30%

:

103

__

*39

.

,

.'•:;

■

1

_,.Aro

par

A'o

10

May Department Stores

4,900

Maytag Co
$3 preferred
$6 1st Cum preferred

i

400

108,

.

3% Jan
31(2 May

5

4r!a Jan

Alay

2%

x6!b

20

18 »b

18%

15%

15%

113! 2

llS'.'a

15

15%

*108

18

113%

;

25! '4

18%

14%

lBTa

113%

*105

^'">7

v:

,

>15 %':,

14Tb

14%

*105

20

165

Jau

25%

*25

25%

25%

14%

13%

137u

*13%

14! b

*13%

*46%

47%

45%

47

■45%

45 "2

46

46

23%

23%

22%

23%

.22%

22 7«

22%

10 3 u

10":

10%

10

:

•

37

Jan

2

Jun

3% Jan
11 Vb

Apr

12%

Jan

17% May
3% Sep
22% Alay

2 % Jan

1.4

*112%

i

'

*112% 113::

113

*80

*112%

v"

7%

8

•:.*7%

83

113

73»

\

80

80

^.4

26 Va

Jan

:

McGraw Elec Co,_,_

v;j

:

__

23 !4

7,300

Melntyre Porcupine Mines
McKesson & Robbins Inc

10 !'4

1,500

McLellan Stores Co

■

72%

♦112%

113

^

*75

-

40

-

7%

"■■-z-..7%"'

v-'•

V„\.:

71%

30%

:

70

30%
7 ' :

31

35%

36%

35

35

k:

25

24%

24%

'\vr

734

*7%

8

*36,%

37

36%

36%

27'a

25

25

♦23

28%

27:%

28

27

■:■'

7%

70

30%

70

.

31

•

71

71

32

••!•

'

7%

-v

„

•:-.

G'/o

50

$6

;

preferred

conv

32%

a,

7%

' '

L

"rl

"

7%

•

:

35

*33

—

700
1.800

24%

*28

7

27%

6

6%
25

534

%

29 "

69%

•.V

'

67

25

:

27

26

210

:

5{M

preferred,

1st

conv

—

67 !i

67%

%

*106

108%' V'

*105

108

*104

108

112

*108%

112

*107

112

*107

1,400

Mesta

Machine

5,700

Miami

6,800

Mid-Continent Petroleum

1,000

Alidlanci

-.150

d'o

251,4

25 7 a

;

—

v;- us

%'c:

25%
' 118

.

;

67%
-

108

*104

67 %

1,200

1st

par

5

Co

'

j,'

6

%

•5%

*87

19

•

vu

1%
63a

'

81

No

preferred

106%
58
107
.109;

.

No par
.,100

87

18Tb 718%

5%

28%

%

7V;

300

7

5%

Mission

Mo-Kau-Texas RR—1—__—A'o par

7rM

20.300

28 %
79

:

117

*113%

117

7:;*ll3TbT

117

10

."■*117

122

*117%

122

*117%

122

110

X107

107

80

110

110

*109

79

X78%

*113%

.

80

*78%

108

108

108

$4.50

series C_
Montgomery Ward & Co

*35%

42%

.

36

43%

44:7 42

35!'*

43%

•

35%

*35

42%

■".

42%

43

*35

36

36

*35

:

20%

21%

18 Va

21

18%

20%

19%

20 3b

14%

14 %

14

14%

13%

13 "a

14%

15

16%

161

4

T6

'■"■16:%

16%

16%

16

!b

16%

26!4

26%

26

26! i

24%

25%

26

v

-'-•■

4%

,

*63

*20%

76 3

*

76

267

3;'b

70

21%
78

/>■: 76 -■%

21
•

'

9

8v4

Vv 8%

9

42%

9

::

115

*114

115

•

43

*112 4

8%

76

1,400

'

*112:'

114 7.74

'8Tb

114

42! 2

7

:

8%

8%

43 Vb

8%

43%

*42%

*42

42%.

'•

10

6,800

:

42 Vb

::7

400

14T»

8!b

4

'7

174 7'7"

9%
25%

7:77 ii

11%

12

18%

19

11 1

25 3

28

7 4

.

27%

■•

89

12Vb; 7

18%

12 %

"11

11%
30

8!b

8%

.'•

18%

is

*28

17%
'29
.

17% 1

17%

•

172

*"171
"144

17%. ,7.
28'%...

.16'b

4.74;,

■

yy

—

;

5!

28

,7:

'

....

f:

17%

:

.7

-4

•

Vv

"-I-

44

7! 4

28%
6

5%

■

57

...

75

75

.

.

5%

5!b
8% 7

8%

.4

26%

.82%
'

.74

11

25%.

;

■

83 %

74%
*83%
"

•'

47b

5%

v

,

9

8-%

•

4%
8%

56 .'• '••

.

%

.25

74%

83%

83%

.

56

11%.

,,25%

74%

25
73

'

.83%

55%

.55
.10%

12

10 3 b

,

7 83%

56%

7 55

•

712%
26% 726%
.12

4%
:

9

.-•"V 4%
7 *8%

•

•

-

-•

4-V

"7.4 r;-

11% 7: :7 v: ■—
25 Tb
' : -4'

74% •■• 7-'J4'
83%' .4 V'"J4
4Tb
' ;7:4-9

■:■:

>

■■

llVb

'

31%

13,700
1,000
'

8%

10,900

87%

a

10

-

7 14.800

18

'Su

'7 '4;
•

i, '•

-

55%'

56Vb '

-7--•■•/: 11.
7: 7" 253b

_r.iv-.v
■•'v..

■'

v v.--" i:

' 7412

4,000
''■

75 ■'.

*83%- .83%
4%*.

//

15,800
'

4Tb

1,020

.7 90
:

'

7 3,300

.

National

Steel

—

Corp——.—__25

National Supply

(The)

Pa———10

$2 conv preferred
5!4% prior preferred
6%
prior preferred

—40

100
-.100

National Tea Co

X834

8%

2,500

12%

7,800

Nehi Corp

No par

Natomas Co

123a

"

4

No par

7.12%

13 3

22'a

•

»

7

22%

*22%

23

*96

98

*96

98

53

*50

53

12! a

*20Tb

12 %
22 %

12%
*21%

12%

.

No par

22 Va

"
■

J

*50

-98
,

,

*50

98":
53

98

*50

;

98!'2

44* ,i

7

53

"

•

*21% -22
":7 *96
100
*30

V.*--

•

:

100
30

53

*108%

111

*108!b

29%

30

28%

16%

17

15 3

111

"108%

111

*108%

111

•'

'•

*108%

111

:::

'

7*28%

17

20 3b

28%

29%

16%

29%

4

16%

16%

17

14%

14%

14 Va

14 7

.

7

29'b
""■: 16%

y

.

29%
lGTa

'

15% *15%
98

*95
For

14!b

15.%

94%

95

footnotes see

page




„

.'

*94

1955.

95%

*94

a

95%

"77—

■■

yy7

14%
*94

2,300
.

14,900

14%

5,000

95%

200

1

Neisner Bros Inc

4%%

conv

serial preferred—100

Newberry Co (J J)
5% preferred series A

~

No par

—

Newmont Mining Corp

Newport Industries

Newport News Ship & Dry
$5 cpnv

preferred

No par

i

100
—10
1

Dock.—1
No par

Alar

lib

Oct

1%

Jan

12 %

Feb

18

Oct

91

Jan

66

4%

Oct

50

110%

Jan

23%

Apr

34%

Dec

G

28!a

Dec

48Vb Alar

7

12% Dec

July 14 ;

% Oct

39

8

Mar 29

Jan

2

Sep

73

50

Aug
Feb

4

1% Feb

27

11

30% Jun

1

Dec

1

8
12% July 14
23

176

7

July 16.
Sep 14

3

Apr

«5 %

Jan

Feb

Dec

113

Dec

6% Nov
39%

Feb

3Vb July
7

■

Oct

29% Nov
19% Oct
5Vb Nov
8%

Dec

% Alay

9%

13

Alay

16%

Oct

140

Alay

166%

Jan

16%

Dec

24

12% Apr

10% Sep

9
24

11

29% Sep

,

6

21% Jun

3% Jan
Jan

Oct

5

Tb Nov

20

Dec

13% Aug 23
14% Alay 10

34!3 Oct 26

15% Sep
11 % Sep

Jan
2
Jan 13
Jan 6
Jan 13

20
22

29 % Sep

30

Jan 12
Jan 4.

11% Jun

4

90% Nov

3

19

% Alay 27

6% Sop
12% Apr

4%

Jan

8% Alay
17%

Apr
14% Mar
3%

60

9%

9% Nov
26

Sep

18

Apr

6

Jan

Nov

72

11% Apr

Dec

15% Aug
7% Nov

Tb

Dec
Alar

16 Vb

Jan

1.78% July 13

145

Alay

168

Jan

28

129

Alar

146

Jan

150

Jun

13% Dec

17% Mar

Jan

4

29 %

Apr

36

7% Jun

7

1%

Apr

22

36

9

106% Mar 31
26% Jan 2
10 2 Jan 114% Nov 8
94% Nov 8

108% Sep
4% Jan

3% Jan

14

74% Jan
37
Jan 11

69% Jan

Alay

16% May
13% May

Jan 15

2
5
2
4
5
2
2
5
7
4
4

49

7

21% July 23

Nov

17

29

14% Jan 2
6% Jan 13
9% Alar 16

2% Jan
52
Jan
5% Jan
14% Jan
57
Jail
62
Jan
2% Jan
6
Jan
9% Jan
10
Jau

63

15% Jun

13% July

V*. Jau

Jan

11% Jan

40% Apr

4

14
160
137
14%
27 %

Jan

3

11% July 19

12% Aug 23
9*a Jan
4

,

Oct
Nov

25

44

7

Jan

11

25%

Jun

117

7
2

x25%
17%
6
70%

29% A-Iar
12%

Jun

79% Sep 22

Nov 12
Jan 5

Jan

9% Apr
20% Aug

% Jun 26

7

1
Jun 18
6% Jan 2
23% Jan
2

Jan
Jan

Jan

77

Jan 2
Jan 7
Jan 5
Apr 13
July 3
5% Jan 2
34% Jan 12

8%
15%
162
16%
5%
18%

6%

23

2%
53
15
62
111

Feb

Apr

11% July

'

13 Vb..,

*13%

;

3

No par

Co

67

143b Nov

102%

114% Aug 24

2

—10

Co

5

92% Jun 30

5 % Jan

..100
..100

National" Power & Lt

6

Jan

31

No par

preferred B

3,400

11%

11% Apr
30% Nov

iVr

7

.'—1

—

National Lead Co

National Oii Products

8% Apr

4

18% Apr

No par

preferred A—'——

'

26-.

Stamping,
National Gypsum. Co
$4.50 conv preferred

Nat Mall Vfe Sl'I Cast

10

Oct

3% Dec

5

No .par
—No par
G7" preferred
10
Nat Distillers Products,/.—No par

7%

300

July 23

July
3% Mar

Oct

Ill

Jun

Dairy Products

6'.*

17,400

98

25

Dec

103
.

17

1

Nat Enam &

103% Jan

1% Alay
57% Jun

Oct
Nov

59 !a

Jan

xl07% Alay

Dec

a

27% Jun

National Dept Stores

80

2,100
...>

'

-

Cash'Register

150
v

Apr 21
Feb
4

8% Feb

National Cylinder. Gas Co

100

•:

.

27-Vb

■

35 %

6

23%
103!

Oct

.,100
A'o par
10
No par

National Can Corp

Nat

Alay

19'%

16 % Alay
88 V* Apr

120

10

Corp:

7!b Jan

12 % Alar

July 19

19% Apr

Nat

3,200

Apr

Oct

117 Vb

National Container—,——■—1

11,200

5

9

2,700

•

8

xl3% Nov

2,400

19%

v.

& Share

Jan

Alay
Alay

5

preferred

Bond

30 Vb

10

National Biscuit Co
Nat

Oct

24

—1

6% conv preferred
Aviation Corp

National

7 c!o

33'a

6

Apr
Dec

Alay

1

Co

Acme

5,800

.

■•:—;

9,700

..

:./7', 171%;/ 171% 4
.■■>;" : 144
145
■'
". 17 4 4
17%
./• i*26 y
28! 2 7
"% " /." /"5% :■;. 5%

'

57

7

:

•412 Vb

*85!

.

-

11%

7":::4 17%

'

17 Vb :■•■:••

*27%

8%

11%

a7 8r%

•

4'-

isss

500

26

7 7 *27

a
7 '' 4,
144%v 7 • ■.::

16%
-.

5%

a

■

163b

ii%
30%

V- V-7;/'

s:

900

173

12

171V

144

16%

273b

.

6la

5%

"

-

78%

17%

145 %

13,000

19%

V87%

*171

172

145%

28:%

6

6

18

173a

*85 Va

88

*]44
16%

*144% 145% 7.
•*17%

*84

20 Vb

11%

"

*171

171

171

88%

2,300

20

8%

•-

—

313b

-.

10"

Xll%

-

,

277a

8%

Nat Automotive Fibres Inc

8

10 Va

25%

11%

29%
*26%

-•

26%

4,600

7%

16%

19%'

12

National

*167

'

ll3b

26%

83b

*85

89

•

-

'•*

'

2,900

;-*9%

-

—

it%;

•

8Vb

' 7

-

■-•

26 Vb

12

729%

7
.

9

25 !b
11 Va

18%

*11 &

31%

27

77

'

14%

29

21

110

100

Louis

k St.

Chatt

Nashville

Oct

22% Jun

1

112

No par
5

Corp,—:

Feb

Jan

6

3

8% Jun 10

illlltll 1

Liquidating Co

7 400

10%

:■

■

12

11 Ya

11%

39%
,

9

Nabco

■

32

Alar 19

1
preferred
.—No par
Munsingwear Inc
;
—A'o par
Murphy Co 'G C)—_——A'o par
4%% preferred--—...—:—.—,100
Murray Corp of America
10
Myers (F E) & Bro
—A'o par

Nash-Kelvinator

772

.

Dec

Apr 29

$7

30

•

7:
v'4

'

11%

.718

12r'b

:

—

—

'

25%

'

8 Tb

900

46,100

Alar

119

21% Jan

"14

-

:.V77274 ■'7

"17Tb

a

8%

9

0%

7 ;■ 25

.

173

*16!

18

-11%

19

2

*165

174

'.;4

:.:7„'

20

10%

*11

31V*

197a

ll7a

4

V •

10%

20

'

a

:

10

11%

111

11Tb

31%

1%
10%

Jan

7Vb May
77

July

30% Sep 21
31% Jun
7

9

1

*2934

7

;

8%

8

10%

10%

*16%

a.

18%
4

*114-

*27%

1%
10%

:

7.-I

14

93i

9!b

25

11Tb

13%

10

*167

18!

8%

9%
11Tb

131

■■■ ■: 7i-

■

30 Va

19%

174

17 %

X30

8

7%

20%

*167

187a

*12%

ivi:-

105a

97«

10%

25 %
4

1% $'

10%

137a

10%

11

20

11

*18%

■••:■:

30

Xl3%

Tb

8

7%
'

21

*169

14

*10'% : 10 Tb 4

11

11

1%
10 !b

97-b

29%

31%'

14%

4

78.%:;'.:

21

'•
.

103

121

'

32

14Tb,

7'4 *1%

'

11'

10

30 lb

32

*10%

1%

1%

1%
11%

Dec

7% Jan

Jan 20
xl07
Nov
9
33% Jan 14
31% Jan 8
13
Jan
5

No par

8S

'

1%
HVb

-

-

Dec

34% Apr
9% Apr

114% July 22

Mullins Mfg Co class B——

20
100

Nov

15%

Jun

Dec

4%

Dec

9%

32% Alar

118

Co

5,600

.

42

2

5

Brass

6

Jau

39

94

55

Jan

24 Vb

20% Jun

6

12%.July

4
G
7

Corp

Mueller

Wheel

4

Oct

14

108!*

Oct

78% Sep 27
34% July 8

9% Jan
7
11% Jan 12

Motor

'

42%

—A'o par
50

& Co

Essex,-—..—

&

Motor Products Corp

70' :

,

John)

i

Morris

1,700

7

r

3%

*03

•7/21

.

1.400

.

'

*114'

9,230

par

_A'o par
No par

2.300

16 V*

4

-

Morrell

100
"

14Va

•

'

*76

114

47:

7

%

776

4

.

47: 26

■:

7

'

203b
'

16%

•

: 8,500

36

19 %

.14%'

.

27

7

*21

114

21 1

1GV*

"

3Tb
1

68

21! 2

73

*20%

78

3 Tb

3%
68

*68

*20% .421%'
*76%

:4V'*'

3%

44®

73

*68

42%

4;:.'42Vb'

12Tb

Apr
x5% Nov
64% Oct

Feb

128
Jan
4
76%
Feb
8
110
Feb 19
Apr 14 / 113%

x78% Nov

10
A'o

8

Nov
7 Dec

Alar

26

10% Apr

3% Jan
4
17% Jan 12

A'o par

$4 preferred

130

'

43

Chemical Co

preferred

115% Aug
89

% Jan

,100
20

Preferred series B

108

.

preferred series A
Carpet Mills

Monsanto

1,300

118
122

7

10

Corp

Mohawk

1.500

7

7

80

•*116

122

par

1,500

6 %

28!i

29

9

5%

4

3
Jan 2 '
64% Jan 17
13% Jan 13

1

4.600

134 '•

l!a

5 Tb

5Va
29

"

118%

1%

1%

5%

27 T a

;

.

88 %

*18 Vb

87

100

Minn Moiiiie Power Impl—
$6.50 preferred
!
No

9.400

5%

■:•.75%
*85%

85

1%

;.4% 7b preferred series C

3% Nov
22

101

Jun

9% Jan

9

20% Jan

par

100
.

:Pt 112

*107

-

.

5%

5%

19

1%

6! 4

-

,*il9%:

116%

*119

116%

5Tb

18%
7

30

28%
:

-

•

;

85

1%

5U

30%

'

81

19

1%

6!b

♦29%

7

86 !b

18%

89

*18Ta

5

6'a

8612

6nb:

.

2

Sep 30

Jan

5% Jan
18% Jan

•

112

--

Jan

11% Sep 18

Jan 13

26

—5
10

Minn-Hor.eyweil Regu
4% conv pfd series B.

108

v

-No

Co,

Products-..

Steel

cum

1 %

73

Jan

46 %• Jan

13% Sep

25% Jun 28

Jan 15
Feb 9
Jan
2
25
Jan
4
24% Aug 24

50

Copper

.24%

*■'*

'

28

6%

67%

*104

*108

:i

,,

:::

Min Trans

Merch &

600

28

:

'

27
118

113% Oct

Jan

6

67%
60
27
4%

1
1

26

:■>•-:6%:

y.n. Sir *

25%

%

118

119%

:

(6.%

G1^

■

25

25%
119

69! '2

69

6

24%

,

120 '

120

5%

'

27%

26%

•

.

121 %

69%

25%

23%

25%

*27%
*120%

"...

6%

28%

i

'

7

7

Feb 24

101

100
Aro par

25%

—:

Apr

6% Jau 13

A'o par

(The)

Apr

31

27 %

Aro par

Mengel Co

162

29

series A,:

preferred

Jan

16% Alay 19

'

;

.17% Sep 21

29%
176

50% Apr

$5.50 pfd ser B w w__
Melville Shoe Corp

210

•72..

*31%

.7%

7%

22% Aug 18 *

19% July

19 % Jan 13

1

5

Mead Corp

3,200

83

.-•

--*67s8

32

H

22

Nov

8% Jan 11
38!'4 Jan
7
14 % Jau 27

—No par

"

72
*30

Oct

Sep 29

Dec

25 !b

13

McGraw-Hill Pub Co,

900

" "*46

,

':•>

!./'?

83

7% May 29
36
110

Jan

34'*

1

800

135g

i'r

>

:

1

13%
46 3 4

10

7%

:

*77

700

13

6 Va

Oct

Aug

19

10
Alay
99% Aug
14
Apr
6% Jan

11% Jan
104
Jan

1
.100

223i

'

.

113

7%

•

82

McCrory Stores Corp,,.
57(7 conv preferred w w

25%

25

■

v_V-.w^'vV>'

14%

113

7%

*76

,

'v,'

9%

9%

v

100

Sep

~

10'u

253

25%

4,500

60

21% Feb
4
100
Jan
9
12% Jan 16

par

A'o par

:

27 % Mar 26
176
Aug 23

7

No par
-No

May 27

July 17

Nov

8%

7% Jun
7
43! b July 16

2

McCall Corp.—.

115

*105

22%'

*10%

.-jJ

32

.5

._1Q

1,200'

T5!4

15

r

•;

1.13%,:...:
25%'

19%

*19 %

<.

8

,,100

'

*19

24

1
11

20% Nov

par

"

Dec

16% •Jan

4% Jau

18% Apr 15
July 14

xl7

5

Jan

22

1

1,100

31

.

*102%

par

__Aro

r

5!b

5%

..

vji'-:

•

108 -u

*102%

2,900

:

'iiv;

31

31

30%

*102%

Co

54%

174

*172%
x5434

"x'f-

'.5

5

-

31%'

54%

54

1,300

21%' : 21%

L)

Martin-Parry Corp
Masonite Corp
Master Eleo Co
Mathieson Alkali Wks
7% preferred,,,:

500

25

25

; :■

10.400
■'

35%

*35!%

^

—

174

174

53%

-

v

(Glenn

Jan

Alar 15

12
Sep 23
19% Apr
5
4% July 14
6% July 13

■

2

14% Jan

Maracaibo Oil Exploration,
Marine Midland Corp

131

353u Jau

,25

6,600

"4%

4%

.

35%

24%

"171

112

•

—

35%

23%

21!»

53%

*102%

4%

•::

■

i

23

174

29

32%
112

-16 3 a

15%

•

35! i

21%

53%

5%

5%

*31%
*105

'

36

-24::% <

*l-7l%

53%

53%
•-,

■■X.'AU %:.4%

47b

*36

V

Jan

23% Jan

Dec

'

16%

Jan

21% Jan

Aro par
;

16 Va

15%

18%

76%

17% Apr

10

l

Mandel Bros

7,710

■

Dec

16% Nov
153
Dec

Alar

11%

79

Jan

7%

19% Nov

;

30% July 15

Manhattan Shirt,,

,14%

1334

■

421 b

Alar

2

>

17,400

13%

13

13%.

13% ,"14%

.

Jun

2% Ma r

28

19% Jan

A'o par

•__

-

3,300

Dec
Jan

46% Dec

26% Dec

16

,

16%
24 %

Jan

22% July 19

JulV-22

320

800

11% May
14% May

37% Jun 28

10

400

12% Oct

2

50

17%

.

Feb

37!a Nov
.

Jan

No par

.2%

17%

Dec

37

.

163 % July 22

8

100

.—No par

j._

Magma Copper,,.:
Mahoning Coal RR Co,
Manati Sugar Co__.

11

*10%
*

xl7

32%

26

•

'*11

Jun

-

Madison Square Garden,

6,500

Oct

21% Jun

8

900
;

31

12

15% Jan
59% Jan

2,400

375

■

"61b

5,000

16

23-% Nov

177

25% May
9% Jan

11% May 10

148% Jan

Mack Trucks Inc,;—
Macy (R H) Co Inc.

3,300

13;%

16

*280

16%

4

13
7

—

'

375

*280

27%

6% Feb
18% Jan

No par
25

16% Oct

6%

30

31%

11

37% Jan

,10

MacAndrewa

1

800

,

31%

31%

:

Apr

22%

64% July 24
.51% Jan
6

21% Jun

Jan

16%

25% Mar 29

7

No par-

'' M

7

*138

.

31

13%

*280

375

*280

:

"16%

17

16%

17%
375

*138

25%

2514

*'ZL '

25%

25

25%

•

1334

*17

25%
138%

30%

33

*280

25%

25%
138! 4

25%
'.Vf '•

33

8

I'M preferred
100
Louisville Gas & El A——No par
Louisville & Nashville
100

240

.1,400

70

Co

6

13 % Nov

Jan

74%

Apr

July 20
21% July 27

15% Jan

par .:

73%

164!a

May 27

42% Jan

l
—No

Biscuit

P)

<

■

"138

_

Highest
$ per 3hare

50% Apr
50 Va Apr

43

Lion Oil Refining Co

■

16%

July 15

44

2IV4

"68%

.

4

159%

21

•

■

'

J, '

22% Jan

No par

1,700

6%

"157%

%

*157% 159%

No par

6,900

27%
:

S per share

73% Jun
4
182% Aug 1£
28% May 27

2

Lima Locomotive Wks___

18,000
-

43%

*27
16%

2

Apr

Lily Tulip Cup Corp

v

14%

63i

.

;.••

••."•:

-

174

1,100

55

' 4334

300

63% Jan

100

1.600

14

^

25

Preferred

71

1,400

54:%

7

40

5,200

18 T a

1878

-

..

16%
.

18%

•'::v,-'':
^

27%

*27%

28

27%

4

6%

6%

% 6%
<;■

31

■

19

15%

57'2

19

32

37

.

■

26%

18%

77y-A
'

-

15

■:

31'%

4

Series B—

6,767

26%.

,iv

18

18

57 Yz

•19

65%
178%

3212

17%
18%

!

.....

27%

31%

30

\

••'26'

27%

"26%

•

2

65

178 %

"177

65%

178%

.66

*177%

178%

2

•S per share

62% Mar 25

■

179

Year 1942

Lowest

■

'

66%

*66

YORK

EXCHANGE

Shares

$ per share

-

NEW

1951

'

rMay 27

64% July 14
15% May 28
28% Jun

80% Jun
88

Jun

7% Alay

2

43% Alay
4

9%

Nov

3% Jan
54

Oct

Alay

6%

Jan

Jun

16%

Feb

1

45% Alay

63

Feb

2

51

Alay

70

Feb

2% Alar

4

Oct

8

5

4%, Oct

9%

Feb

19% July 14

5% Alar

9%

Dec

10% Apr

25% Oct

1

98% Nov

10

'

57% Sep
114

17
Aug
5

11

Jan

17

Dec

75%

Sep

28

Apr

39%

Dec

104

Alar

110%

Dec

0% Alay

22% Apr
7% Apr

30 lb

Feb

19% Oct 25

ll3*

Jan

21% Mar 30

15Tb

20

7!.

Jan

109 Vb

Jan

3712 Apr

8

Dec

93% Dec

THE COMMERCIAL & FINANCIAL CHRONICLE

1952

SALE PRICES

LOW AND HIGH

Saturday

Nov. 8

(

$

per snare

35%

*34

33

33

34

$ per share
x34

34

16%

16%

16%

16%

108,500

18%

17

17%,.

17%

18

17%

17%

2,100

55

55

56%

55'A

56%

22%

23

53 %

57%

23

21%

22%

21'A

21%

*22

*9%

11

10%

11%

11

11%

27%

*25

129%

*128

130%

135

*129

136

*127

*128

*10

28

136

*128

13

%

46%
%

47%

%

*%

11

!;!

2%

2%

2 V«

2%

2%

2%

2%

*%

%

%

%

%

%

*%

Iff

•

14

47%

48%

14%

17%

17%

15%

17'A

xl3%

14.%

*33%

34%

33

33

*33

34

*33%

34

183

182%

183

181%

185%

183%

186%

186

*121%

124

14%

16

15

52%

52%

53

51%

51%

51%

124

"52%
51 %

15%
52%

53 %

51%

9%

8%

9%

100%

100%

100%

11%

114%

*17

17%

16

17

38%

38

38

114

4%

40%
13%

13 %

20

5

6%

Jun

12%

Jan

27

11%

Jun

.100

17'A

Feb

31% Jan

27

26% July 23
74% July 24

35

Dec

51

Feb

Omnibus Corp——No par

14% Jan

5

26

10%

Jan

15%

Jan

6% Jan

4

6%

Dec

16'%

Dec

17%

*51%

500
700

9

11,900

101%

70

12%

13%

45,700

*113%

114%

20

18%

3,100

40 3A

60

18
38

4

31,800

,

52%

8%
*100

18

*38%

3%

4 %

39%

39%

*38%

40%

*38%

*12%.

12%

*12%

13

*12%

4!A

13

560

53%

13 Ve

*39%

6%

4%

preferred series A

N Y City
New

York

Dock

No

par

16% Jan
63% Jan

7

4

4
'i

1,800

40%

10

13

200

preferred

50

N

Y Lack & West Ry Co
1NYNH & Hartford

Conv

Y Shipbldg Corp part stk
Noblitt-Sparks Industries—

Western

&

May
Apr
Dec

110

Feb

May

109

Feb

54

21

Nov

1

53% Jun

10

80

23%

Dec

1

A

Jan

1

% Jan

Jan

Oct

12%

6

Mar

Jan

ti Oct
2%

Sep

4

1 % Mar

3

Jan

%

Oct

9

26% May

7

19

Jun

30%

Jan

5

38

9

15%

Apr

23%

Dec

xl3% Nov
23

Feb

60'A

11

130% Oct
132

4

32%

Jan

162% Jan
113

July

%

2

192% July 14

143

Mar

192

Jan

5

122

108

Mar

116%

10

9% Jan

Sep

7

6% Mar

11 'A

Nov

50

49% Jan

5

52%

Jan

53

Jan

_50

Aviation

Pow

48% Jan

5

—1

8% Nov

8

50

91% Jan

6

100

Northern Central Ry Co
Northern Pacific Ry

7% Jan

2

No

Telegraph

par

39

Apr

56

39

Apr

Jun

8

8

9'A

Dec

14

25

85%

Apr

96

6

4'A

Jan

8%

100

Apr

110'A

8

8

Apr

17'A

Apr

38

2
19

23'A July

Jan

6

x3%Jan
Jan

15

8% Jan

2.50

7

41% Aug 18

14

31

—50

Jan

14'A Apr
100% Jun

Jan

36

No par

Preferred

Norwich Pharmacal Co

4

18% May
116% July

107

50

Norwalk Tire & Rubber

Nov

18% July 21
56'A Jun
4

15% Jan

$5 pfd-No par

Northwest Air Lines
Northwestern

Oct

2% Mar

100

preferred series
5% % preferred series

States

12% July 29
28% July 30
131

2

100

pfd

non-cum

6%

Northern

6

May 22

4

X

1

Ry

22

237/a May

Jan

X

5

North American Co

North American

Jan

May

1% Jan

100

N

11

28% Jan

100

—100

IN Y Ontario & Western

Oct

101

100

preferred

Norfolk

44'A May 29

2

—fiO

130

non-cum

2

-No par

,NY4 Harlem RR Co

Adjust 4%

15%

13%

38

100

124

40%

4

4%

*39%

182%

*52%

114%.

17

*38

*

*113%

38%

16

*38

12%

12%

114

13,500

15'A

101 %

2,000

Iff

15

34%

9%

*100

100%

11%

13%

114%

13%
115

8%

9

8%

101%

13%

12

11

3,700

•

182%

52

9%

8,700

<>

o

*121

53%

51%

1,010
IS
I

2%.

14%

15%

52%

49

*33%

124

15%

*51%

*100%
*114%

*121

124

*121

15% •',15%

*122

27'A Jan

10%

*%

18

46

48%

45%

I :t

$ per share

10% Jan

Certificates

2%

49%

%

Highest

f per share

par
100

$5 non-cum preferred

"70

Year 1942

$ per share

No

Central

Y Chic & St. Louis Co

136

2%

48%

800

130%

f per share

Lowest

New York
N

*128

*128

Range Since January 1
Lowest
'
Highest
No par

28

*128

*128
136

1,600

11%

"25

130%

*128

*128

*128

r;

11

*25%

27%

130%

*25%

27%

129%

22%

Range for Previous

STOCK

New York Air Brake—

12,900

15%

58%

*25'A

,

700

15

15

YOIWK

EXCHANGE
Par

17%

53%

"22'/it

NEW

Shares

16%

58

*128

t per share

34%

15%

Sales for
the Week

19

16%
*18%

*128

,

Nov. 11

$ per share

$ per share

34

STOCKS

Friday
Nov. 12

Thursday

Nov. 10

Nov. 9

per share

*33

Wednesday

Tuesday

Monday

Nov. <»

Monday, November 15, 1943

6

6

31'A

July 22

45

Apr

7

14% Oct

1

Jan

20

Feb

28

Jan
Jan

Sep
Dec
Mar

3%

Dec

'Oct

34

7% Sep

Nov

10%

Jan

O
16%

16%

15%

16%

15%

16T%

Xl6%

16%

41

41

38%

40%

38%

40

40

41%

*40

41

2,400

Oliver

6'A

5'A

6

6

6%

6

6

6.300

Omnibus Corp

6%

91%

5%

6%

91%

18%

8

*32

'.67

*63

*58%

*32

65

56%

18%
34

*62

57%

preferred A—

conv

13

21% July 19

29% Jan

6

3% Jan

2

50% July 2
8% May 22

17

6

-Jan

2

85

59

(The)

100

1,000

Oppenheim Collins

69

No par

Otis Elevator

No par

30

32

*62

59%

8%

11% Jan

par

Equipment——No

2,600

150

32

65

58%

—No par

Farm

8'/4

*148
„

240

Ohio Oil Co

18'A

18

,

27,400

92%

8'/4
—

150

150

16%

92

8%

18

152
34

*62

65

93

*8

18%

...

*32

58

56'A

92%

7%

17%
*150

34

*62

58%

92

7%

8%
153

*150

34

90

18%

17%

18%
150

*31%

9 l'A

89

8%

*8%
150

■

16%

65

100

6%

preferred

Outboard

59%

2,400

12%
8
%

1,200

Marine

& Mfg
No

Owens-Illlnols

Glass

142

Co

2
8

10% Jun

7

21% Jun

2

154

Sep

15

15

38

Apr

8

Jan

22

67% Oct

18

54'A Jan

12.50

5

46

par

Jan

28% Jan

5

Co™

Outlet

59%

3% Jan
15% Jan

.

100

Sep 27

12

64

July

2

6%

Apr

12'A

Jan

30%

Dec

Jan

2%

6'A

Jan

Jan

79
;

2% Apr
11'A Mar
132

Jan

4Ve

Jun

17%

Mar

xl67A

Dec

Dec

143%

Sep

Apr

277A

42

Jun

48

43%

Apr

57%

Dec

8%

Jan

Dec

Mar

P
12

12%

*12

12%

8

12%

*12%

8%

7

7%

9

*8%

40%

*39

*16%

16

*36

16%

16

17

*12%

40

*35

*12%

15

23% Jan

5

30'A Sep

24

15'A

Apr

24'A

Nov

JVo par

33

Jan

4

Apr

34

Nov

114

19

Jan

2

114%

114'A

114'A

45% July 20
28% May 24

22%

No

13%

Jan

19

113%

114'A

120

Pacific

154'A

91'A Jan

25

155

155

155

5

13'A

*12%

3%

3%

155

*154'A

4%

4%

4%

4'A

13

4'A

3%

4%

12%

12%

3%

13

*12%

3%

50
>

•

3%

3%

800

29'A

30%

30'/a

30%

29%

30%

22,100

10%

*10%

11%

*10%

10%

*10'A

10%

200

112%

111%

111%

111'A •111%

111'A

2%

*42

105

*102

21%
42%

43

*41%
%•.

23%

*102%

42'A
:

1%

1%

23%

44

56,900

/

&

Utah

30%

30%

30%

30%

30%

*30%

30%

17%

17%

17%

17%

17%

*17%

18

4%

4%

4%

4'A

4%

4%

16%

21%

19%

19'A

19%

20'A

21'A

55%

*53'A

55'A

55

54

54

93%

92%

93%

14%

13

14%

*8%

8%

7%

8'A

2%

2%

18'A

2%

39

38%

37%

16%

16%

*14

113

113

*110%

*53

93%

94

.;:13'A

13%

14

7%

7%

7'A

7%

7%

2'A

'i

55 %

*92%

'

2'A

*2'A

2%

*2»A

37

*14%

*110%

*53

37

*37%

16'A

113

25%

26%

23%

23%

23 %

23%

21%

57

54 %

56%

55

56

6

4

5%

:

45%

10

8

45%

44

44%

28%

28 %

26

*24%

55%

25

5,200
1,700

2%

800

39

15

100

113

30,900

22'/8

600

55%

55%

47%

48%

43,400

8%

3,800

4%

5'A
48%
9

8%

45

45

44

26

27'A

8%

46

27%

*42

900

25

25

*24%

i;ioo

26

100

8'A

8%

7%

8%

7%

8

7'A

7

7'A

6%

7

22 %

22%

20%

22'A

20%

21%

20%

49 %

49 V#

49

49'A

48%

49 'V

49

89

89

87 %

88

86%

87%

86%

88

86%

87

20%

20%

20

20%

20%

20%

20'A

20%

20'A

20%

24%

24%

24%

24%

24%

24%

2 4'A

24%

24'A

24% V-

21%

21%

20%

21'A

20'A

20%

20%

80

75 %

108

*106

112

*93

*110%

12%
98

44%

44%
4%

4'A
23%

5

5

5

*92

96

X23

23

*23%

120

*104%
•A: 4%

4'A

4%

48%

48'A

50%
6'%

11

11'A

*

190

*183

165 %

6

6

*70

70

73

10%

*19%

*73

44'A

80

4%

7%

7%

*73 -A

65%

17%
19'%
8%

*165
6 %

7%

7%

8

4,100

22%

22%

22%

7,400

Postal Teleg Inc pfd

10%

11,200

101

101%

10'A

30%

10%

101

55'A

54%

54%

5 4'A

54%

*120'A

120%

*120'A

120%

*120'A

120'A

14%

12%

14

12%

13%

12'A

13

50,400

93

91

54%

120 %

88

91%

87

88'A

x82%

86

1,010

-

101%

'

,

-

5%

pfd

100

100%

107

107%

106%

107%

106

106%

xl023A

104%

1,060

1%

115

118

114%

116'A

115%

114%

860

115%

xll3'A

8%

115'%

115%

115%

115'A

115%

115'A

115%

36%

115'A

250

36%

35 3/ a

3 6'A

35%

35%

35%

36'A

35%

36'A

17,100

For

footnotes

see

page

1955.




1,580

6%

Jan

%

47%

4

2

4

4

Jun

Oct

Dec

Jan
Jan

Feb

27% Jan

Apr

6%

Dec

40%

Jan

76%

Jan

Xl4%

Dec

30

21% Oct

24% Oct 28

6

49

91% Sep 30

Jan

25% Sep 23

13% Jan

14

10

71

20

100

100

109% Jan

Feb

Apr 20
7

7% Feb 17

70

26% Jun

1

7%

3

55%

117% Jun

14

July
July
Apr

7% May
92

Sep

4

26

8

102

May
Jan

3% Feb

8

..100

34'A Jan

6

59

5

Jan

25

9

No par

59

Jan

14

9'A Feb

4

May

Jun

Dec

107% Mar
110

6% May

Nov

1
3

65

May

80

Uct

26

30

Apr

46

Dec

1%

3

43

29

15%

7
8

3

9

Feb

May

7%

7

Dec

65

May

:

Nov

19%

Jan

Apr
4% July
56% Dec

5

Jan

3%

26%

3

Mar 30

77% Jun
15% May

79

May

103

4

7% May 20

No par

Jun

Apr

98

July 30

Jan

102

11

90% Jun

115

100

Oct

4%

Sep

38%

Oct

6'A

Jan

68

10%

Apr

Jan
Nov

3

170

Jan

9

165

Feb

165

-100

175

Jan

21

182

Aug 31

165

May

175

No par

4

Jan

4

4% Jan

13

100

168'A Nov

No par
100

59% Jan

5

100

24

Jan

13

-100

pfd

63

Nov

9

—100

7% Jan

pfd—100

150% Jan

4

1

1% Jan

8

-

-L_

100

'

2

18

4

•

r-f'V

Jan

7

16% Jun

21

6% Jan

6

6% Jan

14

24% Jan

4

par

48'A Jan

—5- ;
-50
No

28

18"V Jan

(stmp).No par
1

30

Jan

14% Jan

'

par

—No par

Jan

20

5
No

2

29

.100

6% Jun

3%

7

4

10% May 11

Dec

Jun

Mar 31

58

Jun

75

8

6'A

16% Mar 29

162
81

153

May 18

8% Oct
Oct

62% Oct

Oct

33% Jan
70

Feb

10%
153

Jan

July
■"

21
23

23% Apr

5

13

Jun

1

27'A Oct

27

13% May 29

11'A

4
3

„

Jun

14%

15%

Jun

18%

Oct

3'A May
9'A Jan

5'A

Jan

5%

Jun

6% July

22'A

Jun

4

58

Sep

17

42

Feb

100

' 114% Apr

7

123

Feb

13

115

Feb

11% Jan

6

-No par

75% Jan

20

17% Apr
96% Oct

Jan

62
■

27

21% July 16

13
Jun
40% Jun

Jun

July

Jan

6%

Apr

20

July

Feb
Feb

5%

May

47%

52% May 12

90

No par

'29)

Dec

2%
30

28% Apr
Apr

x51% Sep

18% Aug 23

I

Jan

15% Mar

Jan

18

preferred

•

Nov

23%

723A

Jan

preferred
preferred

118%

99 Va

25%

Dec

18% Jan

$5 preferred

1173A

Jan

37

—25

Gamble

108

x95

Feb

Jan

16% July
36
Apr

187A

5

20

22

16

(ser of Feb 1

118%

100%

108%

29% Mar 29

3% Jan

Pub Serv Corp of N J

108

100

Aug

May

May

Mar

50

Pocahontas

118%

8

68% Jan

par

—

Steel Car Co Inc—

Procter &
'

Jan

15

11

104

5

100

5% conv 1st preferred
5% conv 2d preferred

1,300

Sep
Jan

44

19% Jun

preferred

Pressed

900

4
2

Jun

28

8'A Jun

9

preferred

B

Dec

Jan

26% May 8
10% July 19

20% Nov

Dec

Apr

Feb 20

Plymouth Oil Co

■

31

A

,

1%
32

23

5

Poor & Co class B

Class

Oct

60

29%

79'A Jan

(The)

7%

*10

29%
82

Apr

42% Nov

pr

Dec

Nov

l'A

14

Sep 21

32% Apr
24% Sep

———5

conv

500

55 %

%

ser

19

11

Jan

Apr
56% May

May

Wayne & Chic Ry—

19

10%

44

18

preferred.—

18%

31%

13%

4

20

45
Jun 29
17% Mar 26

—100

Corp
preferred-

18%

10%

1%

Jan

17% Mar

36

No par

& Iron

19'A

31%

29 Va

A Mar

41% May 20

100

18%

*10%

Apr
13'A Aug

18

Pittsburgh Coal of Pa—
6% preferred.;

Creek

Oct
Jan

2'A

27

100

Pond

17 Va
17

Jan

Jan

Preferred

Class

140

Apr
Oct

l'A

19

Pillsbury Flour Mills—

74

230

Nov

July' 8

9% Oct

111

101

14%

3% Mar 26

—No par

Hosiery—

17%

2,000

20'A

Dec

11%

6

May

60% Mar

Oct

38

34% Feb

6

100

7 % preferredPhillips Petroleum

Co.

29

Dec

Apr

19'A

100% Sep

Jan

Mar

90

May 20

61% July 14

5% Jan

.

Phillips Jones Corp—

Pittston

20%

8

9

6

—No par
—3

Pitts Young & Ash Ry 7%

X

'

2%

7'A
51%

series—_

58

10%

92%

~

4,100

2% Apr

9

28% Jan

100

Pittsburgh & West Va

1,300

6'A

1% Feb

8%
106%

Jan

7% Sep 27
59% July 23
16% May 18
58% May 20

4'A %

17%

10'A

46% Jan

100

Preferred

57'A

30%

9

series

*72%

9%

2

17'A Feb

-100

4'A %

17'A

29%

23% Jan

/

Dec

Sep

1

-^—100

Corp
Philip Morris & Co Ltd-

72%

*10%

50

4*

100

Phllco

56%

22 Va

6
18

2

„..l

$1 preference com.

17'A

23'A

13% Jan
108% Jun

No

56

7%

33% Jan

com———No par

21%

30

*120%

Co.

71'A

8

6

—

preferred-:

Phila Electric

17'A

10%

92%

10%
169

30
July 10
47% Nov
1

6

l%Jan

4

72%

10%

13

6

15% Aug
3'A Jan

par

12

60

23

55

10'A
*165

8

11

6% Jan

1st

2

Oct

101

No par

71

10

30

6%

Co_

—

55'A
.17

21 %

*10

169

8

Nov
Jan

5% Jan

5'A%

July

19% May 22
6% May 22

5

-

200

11

Jun

32

16% Nov

6%

7

July 12

7

Corp of America
5
Brewing Co
No par
Phelps-Dodge
Corp
25
Philadelphia Co 6% preferred
50

Pitts Ft

Dec

7

54

—

Pet Milk Co

conv

27

5

1

RR

preferred

Phoenix

Apr

16
Jan
1% Jan

100

Pittsburgh Steel Co
7% preferred class B
5% preferred class A

•:/

65%

6%

2

No par
No par

2,200

7'A
80

10%

170

22

l%Jan

10

Pitts Screw & Bolt

65%

5%

12

17 % Jan

Pfeiffer

$6

Oct

11%

27% Jan

Corp

6,700

4%

10%

'*165

15'A Jan

Petroleum

7%

—

64

7%

14%

—'

10%.

*19%

55%

—

63

11

120%

—

10%

23%

14%

\

63

10%'

*120%

•■''

11%

61

11%

••

;V';;

1,570

6%

106

80

Pepsi-Cola Co—
Pere Marquette Ry Co
5% prior preferred-.
5%

22

10

No

Ry

3

par

Corp

Eastern

9

Jan

113'A July 26

Jan

100

4

Jan

1%

7

43'A July
11'A Oct

1% Mar

5'A

8

Apr

45

par

Pittsburgh Forglngs Co

1,100
'

42%

17%

33%

10%

42

175

Airlines

Corp
preferred—

&

5

12

No par

Cement—

Pennsylvania

Nov

6% May 10
17% July 15

2.5Q

Penn G1 Sand

$5

150

43%

61

*10%

7'A
*73

No

Coke

Nov

35% Jan

No par

$7 conv pref ser A

Pitts Coke

500

41%

74

*32%

80-

4'A

1,900

6'A
73

41%

23%

OSS

>

49 'A

40%

71%

9

3,400

190

4'A

&

Jan

148%

1

Co

Penn-Centrai

101

Apr

Oct

4

Mines—_1

Patino Mines & Enterprises—
Penick & Ford
No

Penn Coal

Apr

121

1

Inc

Transportation

Penn-Dixie

74

8

2

par

Inc„—

Consolidated

(J C)

9

159

Jan

Pitts CC & St Louis Ry Co.

172

5%

19%

*8%

10'A

;*165

.

500

4 %

*183

v-V;"

60

24%

66%

;

*63

18

500
•

120

*165%

84

41

40

5%

172

4'A

*78

200

11,200

92

190

7'A

62

10%

50

10%

*165%

4%

18

11

*70 'A

2

Preferred

93

*183

7%

62

11

10%

7'A

7

*6%

73

1,200

44%

190

4%

79

49

73

V 7,500

111

172

7%

175

4%

2,200

20%

*165%

4»A

7

6'A

*23%

*104%

120

78

*183

7%

*78

50

*6%

92

580

10,800

107%

190

4%

*165%

4%

5%
•

49%

171

7%

.

24'A
120

50
.;

''V

4%

.

44'A

5

92

*104%

5%

10%
*89

44%

92

92

47 %

11%

44

43%

5

v

111

93

70

67

110%

*89

171

11 %

78
*106

93

42%

4%

44%

20'A

78
108

110%

120

84

49

21%

76%

*89

*183

*66%

49

93

*165%

44%

26,100

44

11%

*78

21'A

10%

70

*11%

20%

*10

23 %

6%

70

21'A

*106

*104%

50%

*6%

2,000

10%

4%

5%

50%

4,100

7%

*10

92

120

5'A

7.%

7%

93

24%

*23%

112

.7%

43

100

*104%

76
108

"110%

112

76

*106

8%
7'A

,

7

10 »A

10%

4%

90 %

78%
108

*7%
.

16

2

100

Peoria

44

*7%

7% Jan

105% Jan

No

1,300

V; 26'A

20

Peoples Drug Stores Inc—
Peoples G L & Coke (Chic)

'

26'A

23% Jan

1

1,800

5:V

5
5

Parker Rust Proof Co

Penney

2
4

pfd-100

5.60%

Parke Davis & Co
Parmelee

5%

27%

46%

25

600

22 %

4%

*24

'

15

*110%

56

24'/a

26

14%

■

22%

*22

8%

100

1,200

27

46%

7%

14,100

26%

4%

9%

45

:

25%

45%

49

*9%

25

25%

4,900

7%

*38

113

*110%

22

57

49%

13%

39

*14%

400

■

94

93'A

14%

16'A

26%

25'A

94

1,900
,

,

3% Jan
9

Oct

119% Sep

2

Ref,

Inc—_

Tllford

5

Jan

Transp

L

&

Pictures

Park
Park

.3%

21%

Paramount

1,000
4,500

30%

&

P

Jan

2'A Jan

preferred

conv

l'A

17%

4

Cos

45'A

19

4%

Paraffine

1%

-

31%

*2%

•

East

500

1

10

Airways Corp

Petrol

Prod.

4%

23

1%

Pan American

Pan-Amer

148

No par

Packard Motor Car

Panhandle

V.•

—100

—

Panhandle

105

44

42%

1%

Telep & Teleg———A—100
preferred

230

,45

23%

6%

par

Pacific Tin Consol'd Corp
Pacific Western Oil Corp

5,300

2%

*42%

105

*102%

23

112

*2%

44%

105

21%

1%

1%

2%

*42

43

*102

23%

2%

2%

2%

43

93

*

48,800

10%

14%

:

14,500

A-

31

1%

*10%

Nov

Mills

■

"110

21

Lighting Corp„

2%

42

*78%

Jan

Pacific

42

23%

*106

7

Pacific

5,800

111%

105

*24%

16% Jan 20

1,200

3

*5%

Mar 15

Oct

2,100

29 7A

29%

45

49

Apr

39 7A

a

111%

26 %

9%

23%

31%

*110%

25

Oct
Oct

25% May 20

29%

3%

11

39

10

16

13

23%

12%

*14%

10

25%

39'A

3%

*54

Pacific Finance Corp (Cal)
Pacific Gas & Electric

6%

Apr

39%

14

21%

14'A Jan

par

Apr

29%

*13%

4%

non-cum—-No

4'A
16

23%

155 'A

30%

preferred

6% Mar

6
29

July 23

29%

4%

*18

55

23%

155%

1%

13% July
13% Apr

5

*39'A

5

42

2
5

39%

4%

23%

A'--'

7% Jan
6% Jan
23% Jan

29'/a

*154% ,155%

*102

2nd

non-cum

23%

28%

115%

3

16

780

Va

9
—10

No par

Co

preferred

39'A

*114%

44%

16

*12%

16

1st

23

115%

111%

15'A

16%

210

Coast

29%

23

31 Ve

39

Pacific

24

24%

*10%

16

*12%

16

39

Pacific Amer Fisheries Inc

39%

40

3%

40'A

700

28%

29%

40

■.

7%

*39%

29 %
24 %

*114%

12%

8'A

39

16

12%

8

39

*12%

16

*12%

5
5

9'A
62

21

Jan

Sep

8%

Jan

8%

Jan

29'A

Jan

52%
122

Oct
Oct

Jun

14%

Jan

Mar

86%

Jan

2

107% July 20

73% Mar

X99%

100

96% Jan

4

114% July 20

79 Va Mar

111

Jan

100

109% Jan

4

129"% July 15

99

Mar

123

Jan

Pub Ser El & Gas pfd $5

No par

115% Jun

4

122

111% Mar

116

Pullman Inc

No par

26% Jan

2

-

..100

85% Jan

Aug 18
40% July 1

20% July

28%

Jan

Oct
Nov

Volume

Number 4229

158

THE COMMERCIAL & FINANCIAL CHRONICLE

LOW

$ per

111

STOCKS

f per share

13%

14%

14%

$ per share

111

111

111

*110%

14%

103 %

103%

103%

103%

*103%;

20%

213/4

20%

21%

21%

NEW

15

STOCK

Pure

25,300

112

800

201/4

3,000

200

Oil

(The)—

6%

conv

No

I per share
II

par

Jan

14

100

1043/4 Feb

3

^-100

preferred.

5%

Range for Previous

Range Since January 1
Lowest
Highest
Par

103%

x20 %

YORK

EXCHANGE

Shares

112

104

22%

for

103

112

103%

22%

21%

the Week

$ per share

14%

103%

*110%

Sales

Nov. 12

Nov. II

t per share

15

Friday

Thursday

Nov. 10

13%

15

*110%

PRICES

Wednesday

Nov.!)

$ per share

share

14%

SALE

Tuesday

Nov. 8

Nov, 6

HIGH

AND

Monday

Saturday

1953

preferred

Purity Bakeries CorpY

.No

92% Jan

2

par

133/4 Jan

2

10

...

10% Jan

Year 1042

Lowest

* per share

per

19% July 19
114% July 22
107% July 23
22% Nov

share

7

Apr

90% May
80% Jun

Highest
$ per share

11%
106%

Dec
Dec

92%

Dec

5

9% Mar

14%

Nov

4

14% July 14

8% Mar

10'/4

Oct

2

12% May
71% Oct

4

2% Mar

4

2

46 % Mar

2

10%Jun

1

Q
14

413%

13

13%

„

12%

12%

12%

13

*12%

13

500

Quaker State Oil

Ref Corp

R
9%

9%

8%

9%

70%

69 %

69%

7%

*70

6%

7%
90

90

24%

90

88 %

24%

24%

9

8%
68

7% '

9

69

7

9%

68%

1,100

63/4

7%

28,600

73/8

87

,

8%

68%

9%
sD OO

68 %

7

6%

88

87%

87%

88

Radio

92,600

88

6%

940

25

*24%

26%

*24%

26%

1,500

12%

12%

24%
42%

24%

12%

12%

12%

12%

12%

123/4

13

4,000

31%

31%

*31%

31%

31%

31%

31

31%

*30

30%

500

16

16

15%

15%

15

15%

14%

15%

14%

15%

7,000

*33

35

32%

32%

*27

27%

26%

*3%

4

*32%
*26%

.,27

3%

3%

34

28%

3%

Rayonler
$2

80

*60

62

*75

85

55

Y

59

4%

non-cum

1st

4%.

non-cum

2nd

3%

33/4

*3%

3%

*12

12%

*11

18

*17%

18

14%

14%

*87

400

56%

57

14%

86%

,

V 85

56

56

12

W *12%

12%

18

*17%

18%

*17%

13%

89%

*75

12

12%

*17%

85
57

86%

13%

137/a

*85

I

14'%

88

Real

Silk

56%

56%

9 %

9%

57%

7%

8%

153/4

16%

Y/' 15%

16%

16%

16%

100 Va

100%

*100%

100%

*100%

100%

88%

86

54%

87

55%

7%

'

8%

*85

8%

86

86

6%

6%

5%

63/4

*84%

86%

83%

843/4

*80

*60

62

61

61%

61

11%

10%

11%

10%

11

11%

90

903/4

90

90%

90%

*90

8%

8%

28%

7%

28%

*14

27%

14%

9%

9%

*12%

13%

*6%

28

27%

37

*36'%

13%

37

14

9

7

13%

9%

*12%

9%

13

*12%

7

*6%

25%

25%

x7%

6%

6

6%

*80

82%

61

% 89

8

6

83%

*36%

*36%

*61

62%

7%

*73/4

273/4

27 %

37

13%

6%

48%

30

%

*

%

*4
*8

6%

63%

25

4

9%

8

8

42%

41%

113

7

112%

7%

112

*108
*110

%

%

1%

7

7

42%

423/4
112%

*106

112%

%

21

T(f

%

1%

*1%

20

20%

*20 %

y,

;v

7,000

19,100

107

200

38%
112

mo

500
20

,

0

'

112%

10

%

__

1%

fit

20,800

1%

1%

2,900

—

20%

20

20%

4,300

2%

2%

*2%

2%

*2%

2%

2%

2%

400

86%

84 %

85%

X823/4

83%

81%

82%

9,900

16 %

15%

16%

13%

*13%

14

64%

64%

66

11%

12

70%

70%

*70%

9%

9%

17

163/«

Xl5%

13%

65%

11%

12%

14

65

12%

11%

11%

73

70

72

*72

71%.

13%
*63

Y

'

9

8%

8%Y

8%

9

*9

Louis-San

153/a July 19

12 % Sep

9

7% Jan

7

9

Jan

8

5% Jan

2

12
July 19
17% May 4
9% May 8

7

4

50% Aug

2

36% Mar 30
13/4 Mar

1

A

3 % Mar

1

%

Jan

Jan

16

6

35

9

13

Mar 11

7
7

5

6% Nov

9

5

19% Jan

12

100

96

Jan

15

No par
No par

38

Jan

9

43

Feb

111

May

4

115

Feb

1073A Jan

23

112

Mar 23

106%

Jan

A Jan

2

2

Mar

1

Va

Jun

:v% Jan

2

4% Mar

1

%

Scott Paper Co
$4.50 preferred
$4 preferred

ISeaboard Air Line
4-2%

No

preferred

non-cum

Seaboard Oil Co of Del

Seagrave

No par

:

Corp_

16%

8,700

13%

2,900

Sharon Steel Corp

66

16

11%

11%
72

9%

230

5,200

;

16% Jan

No

No par
No par

par

2

1

4

Jan

8

Sep

17

12

10 % Jan

13

9

Jan

7

54

Jan

4

26% Jun

4% Jun
90

1

10

Sep

20

18 3/8 Sep

25

7

10% Jun

11

50

47

49

45%

140

31 % Jan

4

57

Oct

20

22%

22%

22%

22%

4,700

Shell Union Oil

15

173/a Jan

14

29

Jun

30

3%

3%

3%

3 Ve

3'%

1,400

23/8 Jan

5

5

23%

Apr

7

23%

23%

23%

Silver King Coalition Mines
5
Simmons Co—
—No par

16% Jan

2

28

27

*26

26%

10%

11

10

10%

*37 %

373/4

P/8

*1%

x36

/

36%

*1%

35%

1%

*1%

36

P/8

*1%

1%

26%

*25%

26%

100

10%

10%

40,400

35%

36

17%

17%

17%

18 %

23%

23%

23%

*23%

23 %

32

29%

31%

28 %

29%

22%

22%

21%

22%

21

22

12%

12%

12

123/4

12

12%

'

—

36%

18%

*23%

18%

18%

23%

23%

31%

18

30

*21%
12%

3%

3%

28%

27%

28%

26%

27%

26%

26%

27

26%

26%

26%

*140

142

23%

*138

23%

142

*138

23%

23

3%

3%

142

22%

*138

23

223/4

2,400

Skelly Oil Co

173/4

1,380

Sloss-Sheffield

40

30 %

31%
22

'

12%

142

22%

-

22%

22%

13%

13%

13%

13%

13%

13%

13%

14

14

23%

20%

20%

20%

21%

21%

22%

21%

22%

203i

18%

20%

18%

119%

19%

20%

19%

20

41

38

40%

38%

39%

39%

53

50%

51

50%

50%

•

4%

4

4%'

*4%

5 %

4%

*4%

65

*56

*56

70

*33%

33%

32%

25 %

25%
37 %

36%
60

60

6

24%

5%

6%
55

55

*11034

28 %

28

113

*111

1

1

1

62%

61

61

*114

116

116

28

26%

26%

111%

111%

*111

1%

1

1

2%

2%

2%

29%

31

35%

353/4

32%

35%

37%

37%" Y

36%

37%

33%

34

33%

33%

58%

58%

56

58%

39%

39%

*39%

6 %.

v.

-

6

40%
6%

11%
9%

9%

■

9%

9

12%

12%
60

*58

128%

36%
33%

57%

573/4

40

40%

41%

6%

6%

6 3/8

29%

5%

129

28

62%

61%

11%

Xl0%

8%

*28

9%

Jan

50% Mar

2% Jan

6

6% Jun 30

1%

Apr

200

No par
1
No par
No par
Sperry Corp (The)
1
Spicer Mfg Co—
No par
$3 conv preferred A
No par
Spiegel Inc
2
Conv $4.50 preferred——No par
Square D Co
1
5% conv preferred
100
Squibb (E R) & Sons
No par
$5 pref series A
No par
Standard Brands, Inc. _—.—Noipar
$4.50 preferred—No par
Standard Gas & El Co—.—No par

1,100

*28%
62%

10%

61

80

900 *

116

27%

1

9,700

__

22,500

363/4
33%

11,800
36,200

6

10%

6%

15,200

28%

,

28%

300

X62 %
—

62%

2,200

10%

10%

4,300

8%

9%

9%

9%

9%

9%

10,900

15%

15%

15%

15%

600

8%

8%

8%

15%
8%

15%

8%

Studebaker Corp (The)

11%

12

11%

ll7/8

59

61

61

61

1,600

*128% 129

30

5%

5%

5%

5

6%

6%

5%

4%

5%

4%

6%

5%

5%

5%

129

5%

5%

5%

5%

5%

5%

22,400
9,500

18

16

17%

16%

16%

17

17

17

*66

68%

63

66VB

62

623/4

62 3/4

65%

66

*22

22%

19

66%

21%

1,100

19%

20%

20%

20%

19%

21

29%

2,700

*28%

29%

*28%

29%

18

*28%

30

*9%

10%

*26%

26%

For

footnotes

*28%

9

9

25%
see

*8%

26%

page




1955.

10

*8%

25%

25%

25%

*28%

.

—

9%

1,700

29%

*8%

10

25%

17

25%

25%

100

2,600

&

Webster

(4% % cum)

Mining

—•

Co

Superheater Co (The)
Superior Oil of Calif—
Superior Steel Corp
Sutherland Paper Co
Sweets Co of Amer (The)
Swift & Co

21% Dec

44% July 24

30

Sep

37

Mar

60

49

Mar

60

Jan

Jan

9

3

Sep

20

8% Sep 22

Jan

2

35 % Jan

7

64

Sep

33

Jan

6

42

July 14

109

Jan

28

49

Jan

10

70

113

Feb

17

117

25
Sep 27
100% Jan
7

A Jan

2

1% Jan

4

13

116% July 13

July 31
Aug 20

29% Nov

July

24

Nov

2% Sep
293/4 Sep
277/a Jun
108

Dec

40%

313%

Jan

4'%

Jan

45%

Jan

383%
114

Apr
109% Aug

89% May

Jan
Feb

113

110

49%

Jan
Jan

1

115% July 30

A

2% Mar 13

Jan

Sep

%

Ost

2%

Oct

11%

Jan

10% Jan

5

40% Oct

22

6

Apr

13%

Jan

28% Jan

8

40.

28 % Jan

12

46% Jan

2

37% Jan

4

57A Nov

9

No par

par

9

25

Jan

2

58 % July 30

7% Jan

12

M%Jan

2

No par
—25
100
10
12%
25

122

8

18

Mar

14

20

Apr
Apr

29
47

Dec

25% Apr

40

Nov

60

21
45% May 26
Sep

91/2 May

22% Dec

343%

Jan

42

62

Dec

Sep

6%

Apr
Jan

3% Mar

29
4

Apr

3'/a Jan
43
Apr
116% Apr

Sep

"33/8 May"

22

May 28

6%

Nov

653%

Jan

128

5%

Dec

Jan
Jan

Dec

26 %

Dec

26% Jan

4

33

43/4 Feb

1

27% Jun

20

2

Jan
NOV

16%

9% May
17% Feb

22% Jan

4%

~6%

15%

May 7
32% July 23

23

Nov

11% May

14% Jan 20

58% Feb

8%

Oct

73/8 Apr

33/4 Jan
12% Jan

Dec

May 1
14% Jun
7
14
July 12

66

6

5% Nov

29% Dec

31% Mar 31

130

Apr

30%

5

133A Jun
63% Mar

5% Jan
48% Jan

100
—-1
10c

May

38 3A July

10 3/4 May

53A Jan

—1

6% Mar 13

xl7

15 % Nov

No par

Sunray Oil Corp
Sunshine

35'A Mar 15

57

Feb

59

Apr

% Apr
6% May

No

Sun Oil Co

Class A pfd

2
18

32% Jan

3%

Dec

17%

25

.

Stone

11%
59

*128%

L S

12,100

11%
59

128%

(The)

24 % Jan

17a Nov
31

36% Oct

Sterling Drug Inc
10
Stewart-Warner Corp
5
Stokely Bros & Co Inc
1
5%
prior preferred—-——20

36,800

12%

128%

Starrett Co

3

14

5

Spring

83/4

60%
128%

Standard Steel

34% Nov

6

Jan

Standard Oil of New Jersey
Standard Oil of Ohio.

1,100

26

2% Jan

25

Standard Oil of Indiana

54%
41

4

6% Sep
57% Sep

18

Jan

21% Jan

33

25

$7 cum prior preferred
Standard Oil of Calif

41

Aug

1

34

X33

,

Oct

3

No par
—25

$6 cum prior preferred

14,700

Apr

No par
No par
No par

$4 preferred

3,400

9

•

Sparks Wlthington
Spear & Co
$5.50 preferred
Spencer Kellogg & Sons

5,300

16

11

tr

31

8%
60

stk

2%

*15%

128%

Ohio

X53%

62%

10%

Y
—

29%

62

13,900

&

x36

34%

56%

39%

343A

Mobile

30%

—

373/4

33%

10%

:

16

*15%

37%

56

:

36%

;

39

5

5%

7.50

Railway
non-cum preferred—

323/4

—

34%

33%

'

Feb

5

66

1,100

112

2%

—

.

21% Nov

49% May

34%
112'

1

2%

Apr
9% Apr

9

480

112

31%

333/4

62

64

11%

2%
30%

Jan

14"%

5,000

6

x26%

1%

33%

28

29% •>

*63%

27%
113

32%

'

*28%

26%

*114

Jan

1443%

12

52%

*60%

11

Jan

26%

42% Jan

70

112

6

Jun

153/4

35'A Jan

800

112

Apr

2%

Apr

17% Jun
122% Nov

14

ctfs—100

6,400

10,800

34%

25

6

.1% Mar

Jan

25%

•:

149% July

Apr
6% Mar

Nov

36%

—

283/4 July 26
30 3A Sep
8

9

18%

60%

35%

5

July 15
Apr
6

12%

5%

52

Dec

Oct

1

18%

70
32

5%

Nov

10%

Dec

Nov

Jun

25%

—

Jan

15Va

1%

10

*60

6%

20 3/4

Dec

12% May
23 3A Jun

*36%

54%

Dec

Jan

15% July

17

5

25%

6

4%

5

60%

53%
35%

Aug

183/4

14% Sep

363/a

Y *111

'

6%

25%

35

30% May
303/a Apr

..*60

1103A

*114

32

29

33

>.

61

1%

2 3/4

2%

2%
33

6

110%

63%

%

Jun

Nov

2

10,300

*4%

2

2%

Dec

Nov

7

4

31%

21% Jan

30% May
10% Apr

9%
7 3%

153/4 Jan

3 3^

*56

15

66

103/4 Jan 13

4%
.

Jan

4% Apr
Apr
4% Mar

64"%

153/4 Jan

4

—

2

Jan

No par

290

5%

132

2

11

Nov

60

No par
100

51

31%

20% Jan

Dec

10%

Dec

Southern

x38

70

2% Jan
16% Jan

11%

Apr

8
62

Southern Pacific Co

*50%

*4%

25

Southern Natural Gas Co

26,700

40 3/8

113

26%

*111

35

115%

63%
*114

116

53

*34

1,800

101,500

*36

36
60

5%
: 51%

112

64

*63%
*114

25%

36

36

*110

112

24%
*60

6

33

36%

*36

Y

,

54

52

YY

25%

14

51%

31%:

Edison

Southern California

51

*56

31%

100

preferred

2,200

39%
: Y
Y

70

31

37

60%

4

5%

*56

...

33%'

37%
*60
■

3%
*5

5%

8%

1

Nov

30%

15 %

Greyhound Lines—5

Dec

33% Mar

July 19

39% July 16
25% Jun 10

Southeastern

17%
62%

19% Apr

45% Sep 22
24 %

2

South Am Gold & Platinum

Dec

43% May
4% Jan

27

2

South Porto Rico Sugar——No par

Dec

A Feb
lVa Sep

20 3/4 Aug

19

1,100

Jan

113%

•t;

5

Jan

15

Dec

116

18

10% Jan

2,000

—

9

Apr

1%

Oct

39

1% Feb

15% Jan

9.100

142

11

17% Nov

10%

98

27 % Nov

19

3%

*138

28% Jan

Jan

xl3% July 14

Socony Vacuum Oil Co Inc

27

26%

2

233/4 Nov

26%

i-

Jan

preferred
No par
Smith (A O) Corp
—10
Smith & Corona Typewriter_.No per

$1.20

33/8

3%

July 15

Jan

v

11% May
% Apr

May 29

223/a Aug 16

35,000

20%
*51

1,700'

Iron—20

&

123/«

23%
Y 41'

3,100

15
Steel

*25%

27

3%

10% May 21

Corp

23%

*21

26%

26%

21

—No par

Petroleum.:
Oil

35%

12%

3 3/4

1

—No par

tSimms

*17%

■

30%

263/4

_10

Simonds Saw & Steel

Sinclair

23%

__

22

*27%

3%

3,600

10% Y10%

*26
t

23%

44

110

109% Aug

8

8% Jan 20

Nov

16

22%

24

A

lVa Sep
Sep
10
Sep
7%

Dec

3%

„

34% Jan

1

53/4 Jan

-No par

(Frank G)

Nov

Jan

1073A July 24

22%

27

Jun

Dec

47%

21%

49%

*43

6% Nov
21%

J13% Nov

123A Apr
78
May
25 % Apr

3

643/4 Jan

Shattuck

9
Jan
9% Nov

39% Nov

No par
Sheaffer (W A) Pen Co——No par

Sharpe & Dohme„
$3.50 conv pref ser A

Jan

19%

—No par

1,200
2,000

Jan

54

Dec

173/a July 6
73% July 26
16% May
5
73 % May
8

$5 conv preferred—

Oct

27%

x93/8

3%

11%

29% Apr
104

Jan

5%

12% Mar 26

8

59% Jan

5

13%

—

par

100

Sears Roebuck & Co
Servel Inc

8% Jan
85 %

/

Dec

Schenley Distillers Corp
5%% preferred

Mar

47% July 24
114

23%

27%

Jan

8

50%

*1%

5

Sep
Jan

105% Jan

3%

10%

Jan

100

100

preferred
Savage Arms Corp

50%

*26%

2

Oct
Jan

Jan

2

22 %

Y.

May

6

4

No par

5%

66

Y

...

.

23

Jan

3z

3%

23

Feb

May
34% May

No par

non-cum

Safeway Stores

7%
74

Apr

16

23%

23%

6%

Jan
Jan

129% Mar

6% Apr
33/4 Jan

1

52

23

313/4 Nov

28

*3%

■:/l

Apr

% Jan

100

19

86 3/1

Jun

x20

Dec

100% Mar

May
% May

75% Apr
3% Mar

28'A Jan

10

Jun

4%

6

Dec

Nov

53,6

Sep

78% July

Oct

9

71%

Dec

'"54

28

22%

23%
1%

133/b
70

18% Jun

100

Feb

49

Jun

x94%

7

_—100

preferred

39% July 21
14
Sep 18

Mar

2%

6

Jan

Dec

7%

38% Jan

43

par

preferred

1

x55

115/s Jan

I

.No

22

Dec

20% Jan

par

ISt Louis Southwestern
5%

7

11% July 13
32 %Jun
2

par

Francisco

non-cum

9% Apr

93 3A Jun

par

Joseph Lead
6%

28

18

No

preferred—.

conv

88 % Oct

20

.No

Apr

6

'

■

-

260

37%

:K

*108

112%

1,500
!

7%

38%

110

*110
1)

7

39

110

111

1%

'Y/:

7%.

*38%

30

42%

112%

113

84%

*12%

*50%

40

106%

106% "
38%

111

1%

20

4%

106%

Iff

1%

ISt

29

*3

8

42%
113

St

1,600

36

!♦

%

*7

42

112%

$2.50

12

Feb

1

Roan

60

27

10% Apr
6
20% July 14
101% May 24

Feb

343/8 Feb

__

300

6.000

36%

*110

1%

YY.

Co

7

4,100

34%

112%

14%

Mfg

Richfield Oil Corp
Ritter Company

13

7%

112

112

67%

Rheem

300

Oct

59% Jun

70

—10

11

Dec

Dec

98

25% Jan

Nov

13

4

Jan

Sep

3 3/i
70

7% May

12

7% Jan

23%

Jan

Dec

Nov

5 % Jan

Dec

16

Nov

80

May

PA Jan
39

Dec

12

103A Mar

61

_100

-

_

5,100

%

7%

38

*110

:

Common

%

34%

*104%

*108

17

,

_

.No par
Reynolds Metals Co
5% % conv preferred
100
1
Reynolds Spring—
10
Reynolds (R J) Tob class B.

*%

X33%

.

40

14%

_

20

54% Dec

5

193/a Jun
93

'

Jun

6

May

81

__

—

9%

28%

—

YU'Z ' 67'g

36%
106

9

29%

4%

4

106

71%

29

*3 %

5

*38

16%

6

*46%

38%

67%

5% Jan

48

106%

2%

_

2
6

4

48

lri

34 Y:

87

-

preferred

Jan

95% Jan

73% Jan

.No par

Revere Copper ii Brass
7%
preferred,

5%%

14

100
100

prior pfd ser A__

Rustless Iron & Steel Corp

38%

*2%

preferred

conv
conv

1,200

106%

86%

2

1,500

3/8

41%

;

4

24%

%

*112%

21

4

4% Jan

•13%

%

43

21

69% Jan

42% Jan

-

—

24%

%

113

:M

25

.

48

8

& Saratoga RR
_..100
1
Motors, Inc
Republic Steel Corp
.No par

Rensselaer

Reo

X13','4

%

8

20

I33/4

29

5

14

Jan

warrants—

24'%

%

Jun

3% Jan

66% Jan

1

with

13%

%

5

12

Preferred

24 %

28%

Nov

30

Remington-Rand

12%

*6%

Nov

35

22

20

13%

%

112 %

7%

800

28%

20

5

47

*8

36%

13%

9

12%

%

*42%
7%

X133/4

9%

233/4 May

263/a Jan
22 3% Jan

4

13%

:

*4

36 %

8.400

37

13

%

10%

27%

*36%

%

5

27

4,800

Nov

Jan

47

25

30

283/4

%

2,900

15%

Jan

14'/a

13%

1

340

7%

Feb

5

5

Antelope Copper Mines
Ruberoid Co (The)
No

25%

*47

30%

*

lli/4

90%

7%

263/4

22% May

23% July
11% Apr

Aug 24

6

80

10%

32

2

50

Hosiery

48%

25%

14%

*47

70

6

14% Jan

1-iVsJan

6%

81

15% Jan
7% Jun

22

26

20

6%

62%

7

15% Jun

—

20

6,100

34%

29% Jun

(Robt) & Co 1st pfd—
100
Reliable Stores Corp
.No par
Reliance Mfg Co
——10

600

90%
Y

14%

9%

*12%

30,400

6 3/8

81

37

*14

9%
13

16%
88

*61%

273/4

*36 Va

9,100

100%

6

8

"

*14%

*

16

100'/a

113/8

90%

11%

5%,

580

9%

99% July 14

2

5% Apr 29
76% Sep 11
86% July 27
13% Sep 20

100

57

*85%

86

7,900

"

7

7

100

preferred

Rels

-

Dec

Jan

21

preferred -Y-50

Preferred

„

100

90

*86

^

.

14%

14 Y

56

55%

100 %

*87

18

14%

8%

*100%

12%

*17%

90 Y

V

220

*121/4
Y

*86

16%

8%

16%'

.

Dec
Den

3%

50

200

55

5

593/8

Apr

11% Jan
26% Jan

par

__

500

*75

54% Jan

2

25

-No

preferred

34%

85

100

_

Reading Company

28%

56

Jan

3% Jan

1

*26%

54

59

1

Inc

*321%

*75

/Y

4% Jan

par
-No par

Raybeatos Manhattan
'

'

*75

preferred.

conv

28

28

-No

1st preferred

conv

34

*32 Va

3%

Corp of Amer

$3.50

Radio-Keitli-Orpheum

82

July 24
12% Jun
5
2

3% May
Sep

43/4 Aug
Jan

25

THE COMMERCIAL & FINANCIAL CHRONICLE

1954

LOW AND HIGH

Monday

per share

Thursday

S per share

Friday

Sales

Nov. 11

Nov. 10

f per share

# per share

STOCKS

Wednesday

Nov. 9

Nov, 6
5

SALE PRICES

Tuesday

Nov, 8

Saturday

Monday, November 15, 1943

Nov. 12

the Week

S per

share

$ per share

for

NEW YORK

,

Range for Previous

STOCK

Range Since January 1

EXCHANGE

;

Lowest

Shares

Par

a

29 %

27%

29

27%

28%

29 3 b

29%

X28 %

29-%

5,000

Swift International Ltd_.

27%

2818

26%

27'%

27

27%

27

%

27T r.

27'/a

28%

8,100

Sylvania Elec Prod's Inc.

074

5%

x5

5%

5%

5%

5%

5%

.9,000

8

*6%

* per

295

5%'

5%

Symington Gould

8

22% Feb

5% Jan

share

per

35% Apr

22

19% Mar

29

8

15% Aug
3% Aug

25%

Dec

5%

Jan

2

25

Corp_:

'

Highest

$ per share '

35% July

8

4% Jan

pur

1942

Lowest

5 per share

share

27%.Nov
„„No

Year
'

Highest

8% May 20

% Nov

T
*7

*6%

8

44

*43

*4%

4%

9%

10%

11

11

*5

34

35

14%

13%

14%

8%

9

8%

'/ 18%

4%

16

x8Tn

8%
17%

Va

13%

9%

17%

4%

9

5%

12%

6 %

6%

*5%

92 %

92%

7 %

18

45 lb

45%

4 lb

4%

■

92%

92 V

8

*92 Mb

6Tb

7V

2

7

45

45

45

6V4

6

*12%

13

12%

30%

29

*11

12%

*30

30%.

3%

%

3%
*

12%

29

29

6

19

16'%

17%

12%

13

12%

12%

99 %

100

100%*
26%

25%

263 «

45%

44

20%

18

18%

13%

13

3% % 3%:

3%

2%

•

*1%
16 Vg

17%
123«

23

7-rH

2%

3%

18%

20%

28%

26

28:%

*99% 100%

*99

100%'

6%

3%

82'V

19%

3

82 Va

*8%

8*8

26%

27 Va

27%

99

99

99

69 V2

8%

,

5%

5%

5%
70

70

8%

8%

Dec

27% July

16% Nov

9

6% Jan

12

14

v 5

51 To Aug 19

35

Jail

2% Jan

8
6

95

7

33V'4 Jan

5

Jan

2

V 8% Jail
26 % Feb

5

Oct

8

Jan

Jan

par

100

52.

—1

4

^--10
25

—

— _—

,

3
.

-No par

7%

8
28

5

July 12
Oct

18

41

8

Jun

85

Mar

97

34% Mar 31

22

May

34%

Jan

50

31% May

43%

Jan

26% Jun

6% Jan

...

July

7

*10% May

4

8 %

4

5,

Jan

:

Jan

6%

Dec

25% July

8

7% May

18 V'4

Dec

6

8%

12% Mar

1% Jan

4% May

8

Jan

69

No par

Corp„:

90

6

6% Jan

4

12%i Jan

'7

.

Jan

8

% Mar

May 25

56% Jun

9% May

2% Nov
71

5 %

Jun

24% July 15

7%

Jan

16

Oct

34 % July 14

19',4

Jan

26%

Nov

pi •»ferreri_-——'__No

par

25

Jan

7

prior pfd-^u__——No Par

99

Nov

9

City Rapid Transit..% No par
preferred
_100

4% Jan

" 5

9% Jun

1

~1%

Jan

5

77% Jun

18

21%

Jan

6'% Jan

1

11% jun

10

7% Aug

Jan

67

5%
70 %

I'M)

8Te

3,700

Twin

1,700

Under

Twin

3,900

7%

—

Coach

Co

1

Nov

4

$4.50

5%

Dec

167iv Apr

5

$1.50

8%

Nov

10% Feb

11 V'4 Jan

400

,

15Tb

15V^ Jan 27

_1

—

•

10

5,900

100%

Dec

27%. Jan
1 % Nov

1031a May 26

No pur
Fox Film Corp—No par

Cen

Mar 18

Sep

9%

17% July
ii Mar

4

1 ri-Continental Corp

20th

3%

941,i!Jan

Axle—

preferred

4

Jan

34% Feb

15% July 14

2

$6

Jan

2!a July
5V'4 Jun

4

5;

Truax-Traer

4%

12

Tr.ansue & Williams St'i—No pur

12,200

Mar

52% Dec :

_No par

preferred

Detroit

30

July 23

3

2

3

Jan

Jan

par

Transcont'l & West Air Inc.

600

28%

15

33 % Jun

Jun

9% Jan

,

26

Mav 27

Oct

9% Jan
42

3% Apr

6% May 24

4

I V(j Jan

par

49

24%

Nov

2% May

4

9% Sep

Jan

Sep

34-%

Oct

„10

Oil

Transnmerica Corp

3,900

22,900

8%

8%

9

70'/2

71

8%

4% Apr

July 22

13% July 14

20

19 34

100'%

.7

24% Nov

180

534

Dec

7V4 Jan

40% Jan

600

19

8 Va

.-10

8%

28

37%

Tlmken

82%

19%'

3%

Apr

May

Tlmken Roller Bearing——No par

*8

28 Va

Apr

5

No

Associated

conv

Nov

2
28

——1

Products

Water

Dec

6% July 14

Avenue Transit Corp.. IVo par

84.50

17,100
,

3

82%

193b

99

73

8V'a

9 Vs.

18%

6%

5%

.71%

72%

8

7Tb
12%

2°,4,

Tide

42%

18

preferred--,

conv

Oct

9% Jan

,

41% July 13

6,200

19%

20%

6%

7%
19

8

8%

7%

3% Jan
34

2,300

%

12%

83

72 7

25%
45

12%

8

■

25 %

44%

19%

82

28%

25%
45

V 44%

53%, July 14

4

7 Va May
30
Apr

May 29

Nov

'

8

Thcmpson-Starrett Co
~~No
S3.50 cum preferred. —Ah

1,250

19

83s

2014

100

12%

83%

8%

99%

3,000

12%

2

83V

84

*8%

2

$3 div

Thompson

12,400

100

2

5% Nov
35

Apr
Mar

5

—

Thompson (J R>

2,500

12%

.

19

8%

*83%

200

134

7%

%

*11'%

13 Va

.

Third

,1,300

.

12%

1?

100

44

7%

8

.7%

8%.

8

20%
*13

\

28 34

17'4

25%

24 %

45

'

11%

28%

::

,,

100

45%"

26%

45%
='

100

11%

"

29

•1%

2

17%

13

100

3,500

12%

»:•'

Piefefred

140

3%

Xl2%

2

1%

1%

19

13

2%

12

13%

«

2

Oil—

Thermoid, Co~_

9,000

45%

3%

8

Apr

1'

Nov

The Fair————

50

32

'

:

7'%.

4

3

41% Jan

Texas & Pacific Ry Co—
-100
Thatcher Mfg Co—%
— — Nc
par
S3.60 conv preferred..---'.. No par

94

'

*43

4

28%

,

19

*2

45 W

*43

45

%•

3 Va

4%

3%

7

,■

24

Apr

5% Mar 16

8% Jan

Texas Pacific Land Trust

'2,400

-

45

10

270

48%

9

8% Jan

A'o par

8,600

12%

48%

8% Jun

2

Jan

Producing--——No par

Texas

200

17'/«

12%
49%

Jan

3

25.

2,700

17%

12 V'4
49

*5%

92%

7 i:

7%

(The)——

6,300

9 V4

35

5

Texas Gulf Sulphur.
Pacific Coal «fc

2,500
,

■
'

7%

9

:_50
5

Corp—

Texas Gulf

11,700

35 Vo
14 V-4

12%

r

5%

4 Vb

35

49

12 %

92 %

Texas Co

14%

*48%

6%

8,200

46%

3512

12%

94%

47

4V'2

50 %

*5%

Tennessee

14

12%

*92 Va

3,100

35V4

49

50

10 Vb

4%

8%

18%

16%

18%

:12%"

12%
50

10%

46%

45%

(James %

5Vapartic preferred
Telautograph Corp

900

14

9

60

4%

35%

xl3%

Talcott Inc

42

4 Mi

4%

35%

14-r'

73b

*41

10%

10%

45'%

*6%
■

4%

34%

5

4%

5%

35 "4
8

10-%

45

47%

45

47%

47%

42%

4%.

4%

10

7%

*6%
*41

43

4%"

4' '4

4%

7%

42

43

43

101

13

Oct

6

Nov

78%

5 Vu May

Nov

7% Nov

U
9%

9

49

116%

*115%

116%

113 %

113'4

*112

113%

79 7

*115

*112''2

114

48 %

9 %

78%

78%

*115%

*115% ■116%'
*113%

49

9

78

80 Va

78

80%

48

•:

8%

9%

8%

9%

80

48

52 "a

48

52%

*51

49

9

9'%

■

79'/,

n

7,300

116%

*115

116%

113%

*112%

113%

42

par

Jan

..

18

113

105% Jan
15% Jan

2

183b

4,300

Preferred $4.50 series— No par
Union Gil of California— —.—..25

93

93%

2,700

Union Pacific RR Co

30

Ja

2

n

Nov

5

18%

18 %

18%

92%

92 "4

93%

93

93%

93

27

27.%

26 V4

26%

2?VB

■

18
91 %

27%

28%

19
94 %

94%

93 To

*27%

18%
91 V'4

27%

28%

2e%

27%

102%

102 Va

102 %

102%

101%

102%

*101%

22%

•24%'

22%

23%

23%

24 3b

23%

24%

18,500

18

lo

18 V»

18%

19 %

19%

600

109%, Jan

United

No

par

55 % Jan

;

200

United-Carr Fast Corp„. .No

par

18% Jan

par

% Jan

2

17% Jan

5

18 Va

*18

19%

58%

61

,

58 V

:

95%

95

26%

26%

26%

■26%

1,400

27%

93;

28

27

27%

13.000

*114
58

57:Vv

a

.

96

*94%

*114

*114

*114
*60

%

4 <c

700

102

79% Jan

24% Jan

25% Jan

6

5% cony preferred—
—100
United Air Lines' Transport —5

17% Jan

United

16

*114

58

58'2

58%

5'/
58'%

.

6%

6%

5 %

6 V4

54%

5.1«

54'4

*51 Va

7%

7%

7%

6%

7

■■:

12%

5%

54%

28%

28%

28%

27%

71%

70

71V

70 V'4

71%

2%

2%

27%

26%

27%

27%

2%

2 V'4

25%

3%

*3%

V 2%

71%

2%

2%

23b

27

4

700

3,800

Electric

Coal

Cos

5

26% Jan

United Gas Improv't ex-clistribtion.

2V'8Jun

26%

27'2

*3%

4%

500

United

7%

7%

4,700

U S <fc

95%

95%

13%

13%

2,000

U S,

70 %

2,600

U S Gypsum Co
:
20.
7 "c preferred—100

*95 V'4

95

95 V'4

14%

13

13%

*95

95 %

■,

'

United Merch & Mfr's Inc.

Feb

17

16

Jan

4

July
%

Apr

1%

22

Apr

20
;

8%

Dec
Nov

5

25%

Jun

Oct.
Dec

3%
50

8

Apr

Feb

%v
18

33% Aug
3;s Mar

3

Oct
Dec

58%

Jan

aVi

Oct

113

May

11

Jan

20% Dec

Jan

6% Sep
35

Feb

48% Jun

72%

Jan

16%

2'2 July 21

1

16% Jan

Oct

29

11%

Apr

10

3 Ve Jan

4

57b Apr

6

2%

Sep

4%

Feb

——No par

Faperboard"
Foreign Secnr
86 1st preferred—

.170

.

Apr

37

76% Sep 21

16

Feb

30

10434

30

July

9% Jun

9

60% Mar

Sep
Jan

35

12

No par

8 Vb

15

4

5Vb Jan

5

United Fruit Co.—

•

%

9

66

8IV2

y36% Jam

104% Mar

Jun
3
2% May 10
35% Sep 29-

4

Engineering & Fdy..

6,200

26%

28',4
72

1

7

United

43,700

*27

11

7% Jan

Dec

85% Nov

7% Apr
9% Mar

x26

7

Jan

16%

Jun

8

Jun

108

89

3

69% Jim

Nov

21% Aug
23To Jun

May 27

114

t

2% Jan

3%

97

14%

723 '*

74 %

20

Oct

Jan
Dec

113'%

Jan

22% Mav 12

38% Jan

United

3,000

273b

-.—5

63%

Dec

9 Vb

83

100% Mar
10
May

July 16

33 % July

8

__10Q

—

19

114% Jun

20

Jan

Corp...—_...l

7%

8

14Ce

'OM-S

7

Co.

Preferred

3 Tb

7 Ta

*95%

Dyeyood

No par

V-4

3%

8

7%

Drug

United

No

S3 preferred

80

par

7%

4

4

8%

v

United

3,400

54'

71%
:2Vt.

26%
•

4

%
'■97,.:'

10.400

6%

6%
54

7%

Corporation

28,000

No

„.-_>100

Carbon Col—

31%

27%
"

2%'

:?

United

47,900

—

preferred

cony

12%

12%

C'.B

"

l'b

30%

53

*7

28

71%

'*

13%

Vu

*52

7%

25

1

12%
6

*24

31 Tn

31

6%
53

*28%

a

25

"

1

,31%'

12%

13%

12%

13%

13%

*24

1%

30%

32%

30%

24

1

1%

1

1%

32%

23%

25

*23 Va

25

1%

32%

Co—.

97

46

Apr
May

108

22% Julv 14

40

Jan

7'%. Sep;

28% Mar 30

93% Jan ..,4

—

Biscuit

114% Oct
•

8

5

No

28%
58

Apr 29

102 %

6

par

preferred!-. -..>.,100

United Aircraft Corp

1,000

...

noil-cum

100

Union Tank Car

'

23'%

v

16

25

24%
*19

xll8

2

900

104

*102%

:

2

26

86% May 27

2

19

J

113'4 Feb

.

8

Jan

Jtilv

59

8

80% Jan

18%

8.

78"

94%

19

94

r

No

Union Bag <fe Paper
.No pan
Union Carbide & Curb—_ No par'
Union El Co of Mo S5 pfd— No par

10,700

80

Elliott Fisher Co-

4% Jan

6

13%.May

4.

2%

Apr

5%

Dec

9831 Nov

4

77 %

Apr

—

par

0

84 V% Jan

Freight Co___i^_——„No par

9Ve Jan

—No

29

6

87

Oct

Feb

'

13 %

■

70

69%

177 %

*177%

179

8 Va

179

71%

177 V3

:

7.1%

71
*177

9%

8%

9

*42%

13%

45

70

14

70%

71

69%

*177 %

179

*177Vb

179

9%
44

35%

5

5%

16%

.

*112

16%

15%
*112

5%

9 %

*42%

33

45

2,000

34

43b

16% %

34

5

x!6%

1%

,

5

5%

5%

9%

31% :

40

39

^2 3

31%

39

34%'

34%

1%

1%

1%

1Tb

*37%

39%
53 3i

*73%«
52 V

s

39%

36%
123

128

128

e

121

22

*45

*3%
2%

53%
74

53

:

•

*73 Va

:

37 Vb

38

124%

124

31%

74

119%

52 V

.

4

121

38%

125%

73%

73

73

50 'A

119

,

22

21%

21%

2i 1.',

46Tb

45%

45 %

*45Vb

3%

*3%

3%

3

2%

2%

2'%

2

*80

*83

85

16%

51%

21%

U S

21%

2%

:

2V«

*80

85

83

*15

15%

15

28,200

126

2,600

52 %

1,500

*72'%

52%
V

73

21

2'%

47%

40

2%

2%

*81%
*15

15%

3%
:

■

68

3%

3%

3%

*33b

3%

32 %

30%

30%

*3034

*30'%

67

67%

66 %

66%

3%

162

'

162 7 o

*163,: 168

*lbJ

3%

ltod

67.

Apr

34%

Jan

2V'»

Apr

8

7

Jan

4% July
14Ta Oct

7

99

Jan

22

May

i

■

•

86

conv

Universal

40

preferred..-

■

2

Laboratories

5.

Inc

27%

Dec

103%

Dec

13.% May

Nov

54

par
—1.

Mar

37'% Apr
58

1

51% Jan
71

Apr

44% May

59% July 15

107% Jun

Jan

8

125

July 19

21'- Nov

par

i_l

12

29

5

15%

6

39% Mar

3% July 19

% May

Apr
50% Aug

42'% Jan " 4
1% Jan

•

•

6

3

23

88

Oct

23

20% July

4

Oct

Jan

V. 14%.Jan

.

-

56

.% Jan

5

3Vt Nov

-9

59 % Jan

6% July

9

3038 Nov

15

———2_"_.No

Mar

46'4 Sep 20

par

Preferred

Dec

1

Apr
% Aug

129% July 23
62
May 7

47% Jan '>7
112

25

No

30% Aug
32%

8

74

150

Jan

40 V'4

163

%

Apr

Apr

55%

Jan
Jan

119% Jan
24

Jan

46%

Jan

1% Oct
1

Oct

34% May

60 %

Dee

12

July

15%. Nov,

7

41

May

4

142

Apr

27
.

2:

.

2

July 16

75% July

12

Dec

26% May
20

3Te May 10

'4

29%

9

5

Jan

Jun

2

•

par

Li-1"

preferred

25

V. July

42

44',2 Jun

Universal Leaf TobJ-—2_%_No par
v 8•%
preferred—
.-100

.'

440
2u

non-cum

-UniversalfCyclops Steel Corp

boo

%

•'••v

—-No

37 Ve May

15

Jail

114

10

13

64% Jan. 13

_ioo

—

114 Oct

•

7%

400

168'

*163

Sep

24%

H Jan

_50

United Stockyards' Corp—.
United Stores class A

100

--/■

31%

68

'

41

Jan

46

Jan

Jan

32

25V'4 Jan

Dec

34 %

29% Jan

101

Dec

6%

1

9% Jun

Aug 23
29,/8 Jan 13

nop-cum 1st preferred—100

64

174%

29

8% July 19

8

9

20

:

U S Tobacco Co—

6,000

84

15

% May

May
4% Apr

10% Oct

19% Apr

16

Jan

4% Nov

Smelting Ret ,& Alin—1—50

Preferred

1,700

.

—1

U S Steel Corp—————No

2,700

83
.

6

108

„100

—

Co_,..——%

Preferred

2,200

.

3 Va

*3

8

13Ta Jan

par

Jan

40

159

x42% July 14
7% Apr 26

4

4

Playing Card Co——
10
Plywood Corp_„
1.
Realty &: Impt—-No par

drr
U S

39,000

120%
21%

* 45'%

,

3%

1—No

Jan

20

11% Jan

44% Nov

'

17

30

U S Rubber Co-«—»—: 10

200

52

51

119'%

213ft
47%

.3%

15%

38%

*30%

3%
32%
164

6,000

*67

3%
32%
*162

1%

125

119%

*45

85

15

U S

U S

52%
'V

A

U S Pipe & Foundry—

200

1,800

'

119

48

3%

Tb

51%;

119%

2,300

37%

53

73%

•

36%

126%

52%

39% Jun

Preferred'v'vL%%hi___—4_iLIO'

1%

38 3 4

%

U S Lines

100

42

36

conv cl

Prior,, preferred—:
16,800

32

1%

52%

Partic &

7534 Oct

19

17

'

9 Vb

*37%

0

52%

53

50%

52%
121

*16

*67

39%

127%

2,900

'

35%

1%

,

16

*8%

42

35%

1%

.

Jan

6 % May

July 13

181% Apr 17

Jan 29

5% Jan

173

;S, Hoffman Mach "Corp——5,
5% % conv preferred-—50

U S Industrial Chemicals ..-..A'o
par
U S Leather Co
1
No par

113%

5%

36

3.200

16

*8T«

40

37

4%

*111

87o

34 V 2

41

*36%

2,300

16%

"

*39

U

40

.

34%

113%

*111

5%

31

45

*4',2

4%

31%

*42%

34

4 %

113%

9

■

8%

9%

30%

32

32

438

*8 To

934

32%

113%

43i

5% :n6n:rr'
*9

•

5

15 34

16%

2

34:%

32 Ve

4%

113 V 2

*112

42 V

4212

*42 %

*34

.

9%

.

59

__

10

9

"

*9%

19

8

NOV

61

Oct

152 %: De&

V
18%

18%

16%

18%

10%

10%

10

10%

«*5=

*119%

*35

37

37

*119%

120

120

*42

43%

41%

42

*60

62%

60

60

*62 %

70

23%
*3%

23%

3%

.

*61 %

22%

9%
35

3%
49

*117

118

116-%

117

39

39

37

38%

18%

9%
*34

9%

*41 %

42

X41

*53

*61%

70

*61

70

*61''2

70

*21

22

Va

22

3%

3%

3%

451'a

46''4
118

47 Va

*116%

*37%

38

22

3%

118

40

39

*38%

40 %

34 3 4

*33%

34

100%

100 %

*143

150

"143

100%
150

*38%
34

■

600

39

40%

7%; Lst: preferred.
Vick Chemical Co—1

20

4,800

118

*38%

'

48%

-2,200"
80

Va-Carolina
6%

Va Iron Coal & Coke

;

---

6

30

May

50

July

55

Jan

55

Sep

60

Nov

25%

Jan

65

Feb

15

6 7'/a May

"12

2% Jan

jtOO

5%. pid

25

Jan

5

26% Feb

Jan

15

20 % Jan

14

27

Jan

14

29V4 Jan

-2

6
15

Jan

18% May.
1

Jan

H'% Mar
Dec

116'A July
42

Dec

1

Jan

2T«

Oct

22% Jan

40 \\

Oct

Aug 30

110% May

xl23 ,;
45

Oct

1

x397n Sep 22

35% Sep

100

:

112%

20Tb
26

1

80

Jail

8

110

100

Vulcan Detinning Cp
Preferred

Jun
Mar

638 Jplv

8
Aug 18

113

Jan

26

148

Jun

15

39%'Oct

30

^^-2.5

7V4
19

68 % July

4 y

39

Virginian Ry Co-.-,-^—
6 c"c preferred——

150

12

Aug 28

22

116-

100

*143

Jun

44% Oct

118

Mar 15
Jan

21% Nov

....

Va El &; Pow 86 pref

280

100

21

57

Works.4.

Chemical

1,300

104

25

37 Va Oct

51

div partic preferred

40 %

*98

12% Feb

40% May 26

34%

-

Jun

253o July 15

7
11

15% Jan

115

Vicks Shreve & Pa_c Ry.
5V
non-cum preferred
Victor Chemical

14%

4

8% Jan
25% Jan

Co%_--_.,2.50

700

•

3-%,

118

"

Norman

•110

;'
:%■

21%

40

*33%

150

3%

118

34

*143

21%

Van

Van Raalte Co Inc

'

48

39%

*98

:

119%

48

39%

150

600

60

*119%

Vanadium Corp of Am—1—No par.

200

: v

41

60

119%

33%

*143

10

*53

119%

34%

102

3,900

35

60

40%

*98

10

41%

34 %

104

18

35

35

*39%

*100%

17%

119%

23%

3%

9-%
35

18

41 Va

70

46%

18

119%
*55

50

*49 %

17

14

•

,117'A Dec

Jan

21% Nov

24

Apr

31%

26

May

70

Jun

120

Mar

29%

Jan

Oct

96% Mar.
138

Jan

W
37

37%

*10%

34%

36

10%

10%

10%

26

26

*105

110

*25%
*105

34%

25%
110

For footnotes see page


http://fraser.stlouisfed.org/
ltlllp|fflll|Slll^^
Federal Reserve Bank of St. Louis

35%

36 %

10%

10%

10%

10%

25%

25%

26

26

*105

1955.

35%

110

*105

110

36

36%

10%

25%

3,200

*lut

liu

,

Wabash

1,900

10%

X25%

-

Waldorf

1,000

Walgreen Co—
4V>%

RR

4%fV preferred
System—
No

preferred

No
—

100
par
par

—100

24% Jan

4

7% Jan* 5
20% Jan
103

Feb

2
10

11% May 29
28% July 15
109
Jun 10

21 V-4 July
6% Mar

30%

16

20%

Nov

102 Va

Oct

97 Va

Apr
Jun

Jan

7T$ Nov

Volume

THE COMMERCIAL & FINANCIAL CHRONICLE

Number 4229

158

195

NEW YORK STOCK RECORD
AND HIGH SALE

LOW
'7

Monday

Saturday

"

Nov. 8

Nov. 6
S per snare

$

*48%

49%

48

4812

*17%

18%

'*17%

Nov. H>

Nov. 9

$ per

$ per share

share

per

J

1814

47%

17%

Friday

share

t per

48:%

18

■

%A:

STOCKS
YORK

Range fop Previous

STOCK

-

Range Since January 1
Lowest
Highest

EXCHANGE
Par

Walker'(Hiram) G & W.
No
Dlv redeem preferred—No

1,900
-

NEW

Shares

49

*17%

18

V

the Week

$ per share

48%

"17%

Sales for

Nov. 13

Nov, It

•

,

share

X4.8

47%

17%

••

A-,

Thursday

Wednesday

Tuesday

•

PRICES

100

■

t per share

par

38% Jan
15% Jan

4

65/a

6%

6V3

7%

6%

6%

17,300

8'A

8 %

8'a

8%

*8%

8V2

700

7Va

7'A

6%

7%

9%

9

9

1 %

1%

1%

40%

44

45%

42%

43%

44%

11%

10%

11%

10%

11%

*24 'a

25

*24

1%

1 %

46%
11 "A
*24

25

*21%

21 Va

21%

"

14 %

13%

14%

-23%

'•'24

24

6'4

•

%

•'

*1%

4% Jan

2

..No par

4% Jan

5' ^

ii

21%

21%

; 21%

21 %

*21

14%

i
t

" 13 Va

14 %

14%

14%

*14

23%

23

J

23%
6

514

23'%

23

"

f

*

5%

5%

No

Webster

2,200

Wesson.Oil & Snowdrift

A

211/4

V4:

21%

21 %

I 5%
21

78%

./

*77%

78'%

*77 %

78%

*76%

14%

14%

13%

14%

I

13V4

13%

21

,

Wayne Pump Co

78%

No

;

20

'

7

Jan

6

% May

16

32% Apr 21

% Apr

24%

23% Sep

1

17% Jun

2

12

5

26

2% Jan

39%

Feb

4-

Jan

14

13

NOV

3

July

15'
May
59% May

.

Oct

11% Jan

;

1%

Jan

26% July

2

Jan

21

79% Nov

3

8% Jan

4.

17% Jun

7

4

85

Aug 20

4

99

Oct

14

7% Aug
34
Apr
41% Apr

87% Oct

11

33

3

102

69

Jan

19

•

■■

Deo

July 23
.8% July 8

8

17% Jan
■

.

3%

13% Jun

4

17% Jan

par

29% NoV

•

Oct.

4

.

Nov

:

TV •NbT

Feb

4

12% Jan

No par

Oct

5% NOV

.

July 6
15% July 13

I

Nov

1.6 %

2%

56

-

•'

share

41%
.

Apr

15% Jan

....

No par

preferred-

$4 conv

4%

S per

>

.

3%

May 29
2% Mar 29

22% Oct-11-J

par
—5
—l

Eisenlohr

"■

Jan

7% Jan

-No par

-

400

2214

21

Waukesha Motor Co

9,900

"77 %

21

Fdy & Pipe
Washington Gas Lt Co

900

26

5

5%

78%

22 V4

Warren

500

15

Pictures

23 %

5%

*77%

22

Warner

100

*22%

Va

5%

'r

51,300

Bros

% Jan

:_50

:

25

Apr
13% Alar

ravi'*y."'

Highest

31%

13

No par

preferred—

21%

24

21 %
*

$7

1S'42

S per share

27

par

No

;

Ward Baking Co cl- A
Class. B—

1,400

ll'A

Walworth Co

1,900

45 V4

10%

11%

11%

1%

451/4

1%
45

24

25

*22%

0»/4

%

1

'*'4

*

54% Oct

18% Slay 23
9% Jim
5

•

*8 %

$ per. share

12

par

Year
Lowest

20%

Jaa

X71% •Nov

-

10%. No 7

Vi

'

83%

83%

82

83%

r

95%

95%

95 %

95 y4

$

86%

86%

85%

86

niG

16%

15%

107

28

*106%

28

^

*

28

;

81%

82'

94 Va

82%
94 %

94 Va

West Indies Sugar Corp
West Penh Electric class A_..A'o

9,200

27%

27

5

*106%

*3 A

3%

2%

3v:»

$'

';'()%

7%

6

6%

$

2%
6%

I

180

31

6%

1

.

par

.

100

.

100

44

40%

43%

t

41 Va

42%

20%

19%

20%

•#''

19%

20%

West

'1,200
?

42%

43%

41%

42%

xl9%

20%

20*/4

20%,

^

Power

...

.

.

50% Jan

.

Western

700

4%

67% Jan
57

4% 'V pfd—:.100

Supply Co__

.

931

88%

124%

126

•'33%

35%

*25

25

98%

Xl22%

.,,19

10

98%

Jan

Ry—-100
2nd preferred—100

''21%

67%

66

67

*18

18%

18

18%

17%

66 Va

18%

98%

20

18

38%

58

98%

21%

*67

25

24

.

*

103%

*107%
*96

Va

26% Jan
15 % Jan

98

.120
.A 31

220

1

400

We.stva.co Chlorine Procl

10

i

7%

7%

6%

110

4%

5 V*

68%

68%

*67'3

25 %

26

20%

20%

20V4

66'%

66

66

;

350

17%

18

17%

17%

i

400

17%

18

18%

19

Va

18%

14,600

White Motor Co

White Rock Alin Springs,..—No par
White Sewing Mach Corp
2—1'..
$4 conv preferred
.-INo. par
Prior preferred2.20

6

%■

18

3,300

6%

6%

6%

6%

6%

: 2,600

5"

%

4%

70

4%

5

4%

5

,4,800
\
80

65

67

66

66

25

25

25

25

*64

69

*23 %

25

"

25'a

25 Va

!

400

5'%

5%

■

7%

53a
12 Va

11%

6%

7 Va

GTa

-

80%

83%

*82%

10%

10%
*119

119

—•

*21

21%

82

4%

12

5%

7%

*72

10%

4%

80

7

*78%

10%

*10%

4%

7

21

20

20

37%

37%

36%

f

21%

20%

20'%'

a

*19%

600

L
V

21

1

10
600

36%

36%

36%

36 Va

3612

8,600

20%

20%

21%

21%

20%

21 Va

5,100

21%
'

*102

120

*102

110

*98

*75

110

*49%

52

92'-j

92

46%

50

110

*48
90

69%

*68

Va

*68

*

47'%
50

45 %

*102

110

*102

110

*98

*47

110

*98

6%

Motors—.
preferred-

conv

i~ 1

ulO

-

.J..—;..LNo par

$6 preferred

Wilson-Jones

—No par

Co

109

22

Mar

51

*

*83

93

Va

27%

90

,

*45 Va

48

A

51

*48 Va

51

—

—i

'Jan

,

Apr

99,

18

Jan

2V

*90

92

90
"66

*27

*66

68

23

*26%

27 Va

SO

.

27% Feb
Jan

15%

Deb,

T,53a

Jaa.

3

8

1713 Jan

9

1% Apr
1% Aug

2%

4%

8% De-3

Oct

143a July 14
9% Sep 20
.86% Oct
2

27

.

1

Apr 30

11% Apr
119

'

51

Sep

Jan

3%
7 V 53

Jan

Deo

Oct

2%

6%
■

73%

•.

Jan

Jaa

6

Nov

24 Va July

-10A... 30% Jan
2
42% July
Worthington P & M (Del)
No par
16% Jan 20
25% Oct
7% preferred A—
100
.110% Oct 21 %'/ 149
Sep
\
6% preferred B——
134
—100
.1003 t Oct
4
Sep
Prior pfd 4%% series
54
Jun
100
44% Jan
9
Prior pfd 4%% Conv series—200
46
Jan
9
•57%. Jun
108
Wright Aeronautical
Aro par
87% Sep 20
Apr
70 % Sep
Wrigley (Win) Jr (Del)
A:o par
53% Jaii
4

12

107% Jua

2
3

16%

Dee

110%

Jaa-

31

21% May
14% Jun

23

Oct

24

,;ra

Deo

27

28

'

12%

11%

12 Va

11%

12

36%

36 Va

34%

35%

34 VA

35

95

95

98

95

11%

11V*

10%

11V4

32%

32%

30%

3%

3%

3%

12%

,

"Bid

*95

•

200

■'

_

———

.

90

80

■

<

67

26%

200

.

.

•

96 V a

10%

11

11%

31%

30%

31

31%

3 2'A

3"a

3%

3%

4,600

Mfg. Co
23
Young Spring & Wire
No par
Youngstown Sheet & Tube—No par
0W.0' preferred series A
^1—100
Youngstown Steel Door
No par

31%

3,600

Zenith Radio

3%

3,800

Zonite Products Corp.,

35 7
98

3%

this day.

Yale & Towne

30%

97

10 Va

1,500

123'»

35%
98

96

no sales on

:■<'

12

35%

3%

27

11% ; 11 Va

12 Va

3512

asked prices;

and

12%

V3

'.A.V.V

■

•

—

—

/■--■■■

V

%

—

3(2,

Jin receivership,

Deferred delivery,

a

Transactions at the New York Stock

2,800
12,700

a

>

380

nNew Stock,

r

Cash sale,

s

Stocks,

117

NOV

106

20

125

July

Nov

117

Mar

42%

aun

54

Jaa

13

44

Jun

57% Jaa

20

BO

Jun

104

Jan

29

.39

Apr

62

Jsa

18
1

'

Special sales.

-

-

—

Thursday
Friday

78

Jan

37

Oct

7

7

Ms r

12%

Jfio

82

Jan

4

98

Nov

9 % Jan

2

16% Jun

19% Jan

wdWhen distributed.

Bond

Bonds

Bonds

$323,000
845.000
384,000
418,000

$32,000

12

8%

37 % July 13

2

4% May 10

Jan

x-Ex-dividends.

(Number

1 5,030.000

Sales

21,000

y

;

$178,000'

Shares)

.

Stocks—NO.

Of

shares-

-

5,907,167

..

3,903,763

Tuesday
Wednesday
Thursday
Friday

S.

7,878,600

$52,161,400

1943

Ex-rights.

V.

-

Foreign

Foreign
Domestio

Government

industrial—

Total

-

Corporate

$10,000

$2,000

$480,000

69,000

1.161,000

1,004,000

72,000

8,009
—„

57.000

13,000

909,000

.

,

177,640

Total

—

—.

764,000

12,000

1,393,324

—

'$4,229,000

S220.000

1943

1,393,324

—-

99,823,554

.$32,900

$3,060,375

$6,187,550

2,368,000
49,615,400

2,864.009

104,514,609

105,881.000

38.032,100

2,828,793,209

1,905,766,100

S52,161,400

1942

2,000 \
$25,000




773,000
,$4,474,000

Jan. 1 to Nov. 12
'.

613,425

1943

64,389,206

1942

16,738,138

$3,509,000 $192,195,000 $147,142,500
248.000
11.801.000
3,641,000
8,000
1,222,000
.
655,000

$4,474,000

$3,765,000 $205,218,009 $151,438,500

$4,229,000

220,000

;

Foreign corporate
Total

Slock and Bond

-

the

979,000

:

25,000

Domestic

Foreign government

$40,929,000 $2,936,368,175 $2,017,834,650

■

are

1,076,000

HOLIDAY

—

—

"

Below

Total

S468,000

1,084,000

216,305,

-

Stocks^-No. of shares

250,546,491

•

Bonds (Par Value)

Bonds

—

&

Exchange

.

1942

$178,000

Government

Railroad

Deo

2% Jan

379,630

-

-

Bonds
U.

Foreign

20

Jan

534,170

-

Jan. 1 to Nov. 12

1942

Feb

1% May

Week Ended Nov. 12

Week Ended Nov. 12
1943

7% Nov

85.615

Monday

11%00,500

52,000

$2,308,000

Week Elided Nov. 12,1943

Saturday

13.891.800

24,000

HOLIDAY
393,000

'

"■■■■' /

of

$3,660,500

49.000

$49,615,400

37%

12

41% July 14

Stocks

Government

Foreign

Bonds

5,907,167

Total

23% Oct

5
Apr
28% Jua

17% July 13

0

.2

Total

$3,305,500
1 4,136,000
13.486.800
11,258,500

7,428.600

15% Jan

10

4

Jan

Daily, Weekly and Yearly
United States

337,110
2,340,180
1.507,440
926,070

796,367

31% Sep

13

7 % Jan
30

Transactions at ike New York Curb

Exchange

Shares

Week Ended Nov. 12, 1943

Saturday
Monday
Tuesday
Wednesday

Railroad
and MisceU

21% Jan

No par

Corp

Daily, Y/eekty and Yearly
Number 0/

daily closing averages of representative stocks and bonds listed

on

Averages ll.!:;/!

the New York Stock Exchange as

-Stocks-

•

20

15

19

First

Second

10

65

Indus¬

Grade

Grade

Utili¬

trials

Rails

Rails

ties

6—

November

8_—

November

9

November 10_

.

.

.

46,74

107.11

100.84

65.46

110.55

45.15

106.94

100.05

63.99

110.50

45.40

106.91

100.11

64.29

110.40

.

95.43

20,77

45.78

107.01

100.63

64.84

110.19

.95.67

20.91

45.67

106.93

100.60

110.21

95.56

Rail¬

trials

November

roads

ties

135.24

33.55

21.12

131.68

31.80

20.15

131.85

32.21

20.53

132.68

32.62

November H—

November 12

Utili¬

Stocks

HOLIDAY
132.15

32.57

10

Total

Indus¬
Date—

compiled by Dow, Jones & Co.

Bonds—

•

10

30

"•■,:

21% Jaa

y
28

v.

22!* Jan-.;:

Apr
3% Sen

'

,

'

5% Nov

63i July 19
9 % Jun .28

<27

'-

,

Jan

Jun
Mar

-

1% Apr
40
May
.15% Apr

86

,

Jan

Apr
Jaav'

93

July

12

115

Oct

50

69%

108» July 26
7% Oct
1

40
Jan 15
x203% Jan 19
2% Jail
2
2% Jan *2
..8
Jan y 6
4% Jan%2
57% Jan
4

Jan

ioa%

17% Deo

22% Aug .11

,

31%
:/
■

12% July

: 2%;Jan A 8
...

Deo

53% Dee.

3 % Jan A5

.

Dec

!

Jan

32%

24% July 22

' 13% Jan^2 '%

.

127

•}

Deo

71%. July 14
•21% July 20

5
14

jaii

42 V*

' 6

83

:

100% Jun

Oct .25

9

.

Woolworth (P W) Co

-

1

':

48

67%

67

68

:

5

112 % Jun. 23
60

:9

10

29% May

.

Oct

19% Feb

Apr

Mar .13

%n

30

Aug

23

53'"% Jan

pfd—-100.

Woodward Iron Co__y—Ai-

3

July. 9

-15

10

,

Wisconsin Eb Pow 6%

Jun

40

Jan

8%

Apr

138

Deo

3%'

-

V

110

*45%
*47-

47%

63%

5

Jan

.

*48%

,

112

*98

110

-98

-_5

Willys-Overland

Wilson .& Co.Inc

600

,

119

X35%

37%

21%

*201

21,400

10%.

119

Wilcox Oil & Gas CO

4,100

*

20%

44,700

Va

80

10'A

*119

,2.300

12

11%

7%

79%

79%

*119

4%

*4%

12

12

7%

*10'»

10%
--

4'A

4'A

4%

4%

11%

7%

:

*10%
*

4%

12'%

12%
V

4

3%

85

.

2-1 %

.

'

4%

4%.

.

■'

May

'.Jan '12

52

66 %

.

•13 Ta

1

24% N6v "12

.

18

•

27

Feb

Jan

20

Apr

v

Jan

13

104%

4% May
23% Feb

July

106% Jdn 15

.

20%

7%'

5%

4%

...No Par

66%

v

2.

100

„

12'.50

$4.50 preferred:—1;
■—.No par
Wheeling & -Lake Erie Ry__—2L100
5% % conv preferred siiAai
100
Wheeling Steel Corp_A
ANo.par
$5 conv prior pref_
No par
White Dental Mfg (The S S)
20

120

93

Elec- Instrument

*17%

*5%

4%

partic- preferred..-,.——250

Weston

V

'

*

1st-

300

113%

12% May

24% May 29

*Jan ^2

:50

:

20 Va

'

49% Oct

4

r Jan

i

Jan

93

Sep

•

53 Va

*96

7

..81

■■

7,500

24%

*58

2

West-lnghous® El & Mfg—

r

108

107 Va

58

s 2

.

32

53

58

30% Sep 20
6% Apr
5
11% Apr
3

2% Jan

.

97

Jan

104
'

Apr
May

10% Sep

Sep 22

5% Jan

•

Westiugliouse Air Brake-—-No £ur

:

Jun

110

.-91
'

16% Oct 29

2

Western Union Teleg class A-.No par

125

*31

32%

*24%

107%

107%
'

98%

20

*123

32

119

5

7,600

90

123%' 123%

25

*24'%

:o%

22

/ 89

32'%

59%

98%

9014

89%

122 %

32%

109%

*58

59%

89 VV

X87

34

*107%

109%

*58

124i

*33

25%

*107%

921

126%

93%

8

Jan

29,100
•

*

Jan

103

'

.

2

Jan%5

11%

.

.

Maryland

non-eum

Jan

109

.-No par
preferred——J-.a-———100

Western Auto

2,200

3 Va

,

Peim

6>

•

IV*

3

8

L

preferred
preferred

West Va Pulp & Pap Co

2,700
'

*6%

3', b

a

6%

100

.

Va

27%

27%

7%

140

103

27%

*6%

20%

15

180
'

.

116

15%

107

27%

2%.

43%

116

*106 Va

15%

*15%

107

84

*82

116%

*116

15%

15%'

84

*82

116 %

U5Vb

f *106%

107

27

86%

82

94%

80

94%

14

*

|

16 Va

•"116

116%

*15%
*106%

78%

94
85

%
116%

13%

14

13%

Total
40

Bonds
95.99
95.37

HOLIDAY

64.51

1

irnfuwilinifum

muriiiii'nfut

THE COMMERCIAL & FINANCIAL

1956

CHRONICLE

Monday;1 November 15, 1943

S23S

Bond Record

Mew 7orZi Stock

«»
FRIDAY

NOTICE—Prices

"and

Income and defaulted bonds. Cash and deferred delivery sales
the regular weekly range are shown in a footnote In the week in which they occur.

S.

U.

Treasuty

3%s—
3'As
Treasury 3'As
Treasury 3'AS
Treasury

Treanry

.

3s

Treasury

3s
2%s
23As
23As
23As
23As
23/4S—
23As
2'As.
2'As
2'As
2'As
2'As
2'As

Treasury

Treasury

Treasury
Treasury

Treasury

Treasury
Treasury
Treasury

Treasury

Treasury
Treasury

Treasury
Treasury

:

2'As
Treasury 2'As
Treasury 2'As
Treasury

1967-1972
1951-1953
1952-1955
...1954-1956
2s
1947
2s___..Mar 1948-1950
2s
,__._Dec 1948-1950
2s__—
Jun 1949-1951
2s
____-____Sep 1949-1951
2s.._.
Dec 1949-1951
2s
..March 1950-1952
2s
Sept 1950-1952
2s
———1951-1953
2s
1951-1955
2s
1953-1955
l3As
June 15 1948
2'As
2 As
2'As

Treasury
Treasury

Treasury
Treasury

Treasury
Treasury
Treasury
Treasury

Treasury
Treasury

Treasury

....

Ireaaurj

Treasury

Treasury
Federal

Farm

3s

Loan

Owners'

112.18

206.3

M-S

*101.6

a 6s

J-D

*105.23 105.25

105.29

*110.14 110.16

110.13

110.27

J-D

*105.12 105.14

105.17

106

: m-s

*111.14 111.16

110.6

111.28

MS

*111.28 111.30

109.9

103.18 103.18

A6

Period

sinking fund 6s-

1962

Last

or

bale Price

sinking fund 6s

A-0

1962

A-0

1963

Friday's

1957

J-D

1957

J-D

—

fund 63As

1961

A-0

:„1962

19%

111.26

*111.14 111.16

J-D

108.21
108.26

A

112.20

J-D

J-D

*106.24 106.26

M-S

*107.13 107.15

M-S

*103.25 103.27

104.20

MS

*103.19 103.21

104

104

J-D

*100.14 100.16

J-D

'100.5

1962

18 %

18%

18 %

A6s

of

16%

100.10
100.3

10

100.5

100

100.4

5

100.1

100.4

'

56

100.6

100.12

101.4

J-D

*106.14 106.16

104.30

105.7

J-J

"101.25 101.27

101.25

102.13

M-S

100.12 100.12

J-D

107.7

107.7

J-D

*104.4

104.0

M-S

15

106.23

*101.30 102

107.7

9

J-D

24%

M-S

*101.4

104.20

101.1

301.4

100.15

M-S

100.15 100.15

25

100.30

100.2

1952

J-D

gold

5'As

1955

101.10

100.9

101.12

Customs Admin 5'As 2d series

series

1st

5'As 2d
AEstonia

J-D

102.27
100.10

sink

fund

5'As

1940

(Republic of)

7s

Greek
109

108% 109 'A

103'%

49

110%

30%

19

47%

73

13

45

73

66%

45

42%

66%

66 %

66

:

*85

__

*85

—

'70%

—

A-0
M-S

1945

87

Sc

J-D

paid

J-J

*28

42%

*95

—.

—

20

18%

18%

A-O

1960

M-N

6s

1948

*53

1968

A-O

*6%

f 5s

s

State Mtge Bk)
(Colombia)
6'as

7s

•

1945

A 6s

1954

External

s

f

f

7s series D

s

f

7s

1945

7s series C

s

AExternal

1st

(US)

assented

extl

1945

S f external 4'As
S

f extl

loan

conv

S f extl

loan

Australia

of

5s

5s

of

1943

Q-J

*17%
-*17%

58%

external 8s__

1941

f 6'As of

1926

1957

f 6'As of 1927

1957

Ry)
s f 5s

1952

gold

1957

6s_

*100

External

1976

readj 4%-4%s
s f 4'A-43As

External

3^r

external
(Dora

25-year
30-year
-

30-year

f $

s

«._1970

i960
1961

1967

3s

A

15

AChile

(Rep)

85%

84%

72

79

15

8s
s

f 7s

33

82

94%

94

■■

1958

s

A Extl
uos

Ai-v

sinking fund 6s

sinking

»s
Afis

Vn»-

6s

assented

external

AFvM

ZIl960
i960

fund
s

Rlnktns fund

;
6s

assented

1961
1901

jan 1961
Sep 1961
Sep

see

page

19C0.




1961

18%

89%

*84

84

32%
32%
93

'85

F-A

93%

93 %

95

4

04%

•

2

82'%

95

"

.1956

fund

4%s

extl

loan

M-S
A-O

96

96

8

if

77%

1963

4'As—

F-A

94

94

2

;

80%

f 5s

s

94

*87

97

71

87'%

72

84

1970

93 %•
*

98

A-O

A-1963

I

83%

~~

83%

2

95%
101%

85%

5

82%
100 V8

08

M-N

:

f

100 %
98

J-D

1955

(City) sink fund 4'As
(Rep)

extl

f 5s

s

ser

1963

J-D

1967

13

83%

M-S

94%

79

91

24

96%

i-L'V

ref

sec

3'As series B
(State of)

ANat Loan extl
iAPoland

98%
96'A

7s

1947

90

70

91%

73

92

104

104

*105

M-S

26%

.....

26 «L»

26'%

6

14%

-

-

v..

97'

.

1G:%

17%

18

13%

16

15 3

4

16%

119

12%

23%

A-0

16

15 "2

16%

85

13

23'%

12%

16

gold 6s

1940
1958

gold 8s

Alegre (City of) 8s

A-O

J-J

1963

sink fund

■l./"-*5

A-0

1950

f 7s

s

*4%

A-O

1947

1968

loan

17'A

A-0

J-J

—1961
1966

54%

APrague (City of Greater) 7'As—1952
Queensland

51%

ARlo

34

47%

45

47%

36

34%

92

92

92

25

87

92%

8

83

94

95%

95%

1

87

A Extl

95%

92%

de

97

51%

(State)

■

13%

23

13%

13%

*3%

*12%

......

sec

6s

2

*95

-

73%

99

73%

92%

17%

16

15

20%

15%

12V4

17

J-D

30

29

30

12

17%

30%

J-J

28

27%

28

4

17%

30

96

68%

78%

77 %4

124

69%

A 7s

75%

75%

78'%

29

70

79%

76

79%

i\ l*

35

71%

80%

60

•%{ 'i->

,1

>48%

60%

57

107%

111%

101%

107%

1

-V

Si-i 60

* '

109%' H'109% 109%'
105

105

103

102% 103 -7

105

' 5

102% 103%

[5

! >!
.

1

'

11

'H '•

103% 103 '.4
&

—

2*

co

3

municipal

19%

18%

•

104%

A8s

secured

A7s

series

105%

ASllesla

19%

105%

f 5'As

20%

26

19%

21

21
—

21

21

19%

2

i6y4

30

25

20

33%

18

17

11

18

31%
31%

26%

*30

29%
,28

70:,a

:sf'*

2

External

External

?.*

($

M-N

44

'

48%

46%

62

72%

10

72 %

*14

15%

M-N

*14

15%.

*11

14%;:

J-D

*11

14'A

F-A

.

20

11

19%

vf 11 %

KO'z
■*

14%

11

13%

r;

•?.>■)<?
; -J

*94%

fund

P-A

M-N

!

*86

1964

6s

1948
1960

6s

bonds of

M-N

"87

*:.

*88

•••

i

;

85

95

84

87

''

78

1979

3%-4%-4ft

readjustment
external

%

66

M-N

*56

66%

1978

F-A

*39%

71%

1984

7s

15

*56

J-D

F-A
F-A

.....

12

11

64

72%

61%

69

60

5

72%

52%

_

12

68

66
■

"61%

J-J

1958
1958

88

■

66%

1979

conv

3'As extl readjustment

(City)

66

1978

conversion

extl

M-N

88

85%
1:" -

1937)—

readjustment

4-4v4-4'As ext.!
A Warsaw

25 ><•

48%

29%
28

:.■//:. 2

30

.

52%

32

'

30%

J-D

—1955

extl 8s

fund

*

26 %

33

32

1%%
1

82

34

17%

.4:

32
34

31

73%
18%

30

32

r™

17%

37

*20%
32

2

80

32%

■

rvf

18%

18

31

"

AUruguay (Republic)
AExternal sink

'l

19%

25%

1958

..1962

7s

A4'As assented

25%

33

(Kingdom)—
1962

extl

s

101

18'%

1958

of)

(Prov

18%

18%

7s

extl

AExternal sink

19%

J-J

sec

3%s-4-4'As

,;v

—1936

external

B

26%

fi/

8s

Serbs Croats & Slovenes

25%

__

'

M-N

A-0

19%

19 %

1957

1940

18%

19%

f

s

28

101%

54

90%

11

78 %

30%

104%

30

16

30

*30

.

J-J

f

A

.100% 101

26%

78%
:.

M-S

3

23%

M-S

J-J

24%

19%

':

J-D

M-N

1950

103%

.

—

1967

1968

26

18%

—

27%

1952

—

s

—- ;

26%

26

1956

§ A Secured

-

.

25

27%

loan

62

19%

25%

M-N

1

30

extl water

181/4

21

19 %

J-D

1964

external

20%
21

.24%

31

extl dollar loan

fi

19 Va

25%

A-O

A7s

Sydney (City)

21%

18'V

F-A

A6s

101%

100%

loan

A6'As extl secured
IA San Paulo (State)
A8s

7 i:

29

1968

(City of Brazil) 8s

97%
■

103% 104

103 '%

97%

3

*103% 103%
■

7

>42 Vn

29%

1966

fund gold

Fe external sink fund 4s
Paulo

■

100%

1946

external loan of 1926

ASao

*:

F-A
A-0

(State of)—

external sink

Santa

78

'

M-N

1947

8s extl loan of 1921

A 6s

95

78'%'

74% ;;p> 74

23

12%

19,46

8s

6'As

Rio Grande do Sul
A

extl

(City of)

24%

f

*21%
13%

_1953

Janeiro

28

M-S

AExternal loan 7'As

100%

3%

J-D

4'As assented

A Porto

100

.;

..

1959

A4'As assented

a

73
89

*82%
*82%

.

:

1960

ser

A4'As assented
AExternal

72%

f 6s 2d ser_—1961

s

(Rep of)

A Stabilization

100%

96%

7,-wL

>W™r' * "

M-N

1994

50%

1961

Feb

assented

footnotes

Feb

Jan

f 6s

M-N

14

:

--

1965

tund

36%

1942

assented.

18%

■rl

27'%

A-0

34::.

__

a«s

26 %
*90

—

F-A

43

49

1942

assented-

AExternal

27 \u

1958

131

.

1954

External

fund

26%

1944

6s

sink

85%

94

—

A 7s

1957

5s

123

1953

(City)

f

26%

(State) —

51%

1943

15

Carlsbad

_1959

46%

..

Jan
Jan
Jan

J-D

46%

1968

2'As
3s

18%
—

M-S

44

1984

,

of) 30-yr 4s

3'As_.
3s

3s

*

5

44%

51%

_1975

bonds

18%

M-S

46%

—

Canada

J-J

46%

1961
1977

f 4'A-4'As

s

j

1952

A 7s

f 4'/8-43/eS

s

Refunding

15

'

(Province of)—

stamped

External

93%

78%

*100%

1950

.

9
12'%
11%
17%
14 > 19%

10%

15

1959

7s

(Rep of) external 7s
ANat loan extl s f 6s 1st

'

1958

5s

fund gold

Aires

84%

*100% 108

•

—

A 6s

54

90%

89

1955

Buenos

..77:7'

141

89

"

1949

s

18%

74

10%

'

f 5s

?

APernambuco

101%

93 y4

s

12%

1933

;

external

sink

12%
13%

38

1958

A_

Wales
s

9

12%

17%

18%

J-J

Ext

59%

96%

93%

AExternal

11%

J-D

A Stamped assented 5s
Stamp mod 3'as ext to__

23%

42

8
131

84%

AExternal

98

17%

*17

17%

1954

A Peru

1955

fund

16

58%

93%

f 7s

(City)

series

APanama

1 5

18

57%

99% 100

1957

1956

,

'^.7'- '7

■

84%

1928

L 7;

;

:

.

■

>972

f 6s

Sinking
Sinking

18

92%

s

Brisbane

20%

*17%
1

84%

s

(Central

23%

23'%

82

17

1945

f 6'As

s

(City)

Municipal Bank extl

'

84%

External

A7s

10 '/*

2

92%

1927

(U S of)

24

20%

15%

98

*8%

Q-J

f 6'As

s

sink

Oslo

21

95

M-N

1945

.—-.1945

1899 £

24

15%

i-L--''"

18

84%

External

{ABrazil

16

20 Va

18

•

__1972

external 6'As

Belgium

•

5s of'25-1G55

(Commonw'lth)

External

24

92%

4s Feb

External g 4V2S of

?4

15%

1971

loan 4s Apr

conv

'

1948

4'As

conv

15%

4

*171/8
L—

1957

f 7s 3rd series__1957

Antwerp (City) external 5s
1958
Argentine (National Government)—
f

2

18

97

11

'

1957

A

8

17%

17%

70

85

(State)—

external

South

4s

62%
20

*15%
98

24

85

Irrigation—
stamped

External

54%

17%

vr"

.

17%

1945

series

AExternal sec s f 7s 2d series
s

_

7 46

••'

J-D

23%

12

*8

J-D

1954

-

(Provj 4s readjusted

External

55

100

68%

*75

■

.

!

7s series B

44

1«

A-0

.

*62

4s
coll 7s A—

54'%

31
,99

15%

*95%

1957

External

*53

89

18%

89%

20

1960

Fvee State extl

Externa!

fund

sec

'

97

1952

Norway

_1947

(King of Norway)

AExternal

■

■

1968

A Sec

(Colombia)—

AExternal

A

II

99

paid—

AMontevideo

1-1693

88%

*100%

1964

part

ASec external

Municipal

6s

f

2

87%

M-S

1949

87

1949

part

Mlnas Geraes

Teletype

87%

72

—

86%

72

.

A-O

L.1967

AAssentlng 5s of 1899__;

Broadway, New York

tund

s

69%
72

■

A-0

A-O

A7s

A4'As

NY

74

Government—

a Mexico

Members New York Stock Exchange

60

3

73%

A-O

7s

unstamped

61

60

72%

73

extl 6s

French Republic 7s
stamped

107

137%

38%

F-A

1969

(Republic)

104 %

106%

.

72%

1969

series

%

60

—

M-S

99 %

21

138%

J-J

1961

series

*106%

—

•

99'%

103%

72%

*59%

98

102

102%

*103 %

101 %

102%

r-

*137%

*101.8

100.10

100

A-O

§A2d

101.5

29

J-D

100.29

--

58

19

J-J

103.16

101.5

39

*102%

''

99%

A-0

60

6

1945

100.12

101.3

40

8

1953

5'As

38
38

8

21%

F-A

103.16

*101.4

60

55%

j-d

wks

,37

30 %

30%

20%

1949

105.6

*101.1

36%
2
-

*100
__

64
64

48%

53%

1977

100.7

M-N

•

52
52

38%

37

'-..r

> 56%

•

debt

100.2

J-D

16

37%: 37%

4'As

*100.5

ioiTn 102728

1

27

loan

*105.4

>~

60'%

external

J-D

101.8

60

F-A

New

AExternal

25%

44 %

*36'/H

t

M-S

External

Wertheim & Co.

iDept)

23

18

60 %

*36'/»

'i;

1949

J-D

J-D

:

—

1944

External gold 4'As
.—1962
J A Dominican Rep Cust Ad 5'As—1942
§ A 1st series 5'As of 1926
1940

100.9

.

'—.

(Republic of) 5s of 1904

100.5

100.4

41

•

M-N
F-A

AAssenling 4s of 1904
AAssentlng 4s of 1910
5ATreasury 6s of 1913 assent

sink

16

3

60%

A-0

External 5s of 1914 series A

A Public

100.26

100.9

*100.23 100.25
100.15

1946

Sinking fund 5'As

101.4

100.23

12

1947

—1947

ACzechoslovakia (Rep ox) 8s ser A-1951
ASinking fund 8s series B
1952
fiADenmark 20-year extl 6s
1942

Foreign Securities

AGtd

24

43%

=

55%

Mexican

AAntloquia

22%

60%

60%
43%

20%

4'As

101.2

60%

J-J
A'O

M-N

External

100.28

A-0

1961

1970

bonds

M-Nx

104.20

100.26

101.6

J-D

M-S

107.8

100.14

*104.20 104.22
*101.10 101.12

M-S

v

loTIT 102~7~

J-D

Jan
f $

s

1961

1953

AMedellin

Akershus

.24%

24%

1951

Cuba

'

J- J

Oct

ASinking fund 7s of 1926_;
ASinking fund 7s of 1927
Copenhagen (City) 5s
25-year gold 4%s
A Costa Rica
(Rep of) 7s

100.22 i

100.1

;

AColombla Mtge Bank 6'As

101
100.2%

100

external

Mcndoza

sink

23%

17%

23

17:%

1991

1927

3s

a Jugoslavia

AGtd

18%

18%

M-S

City

Bank

24%

:

i960

1928

106.20. 107.23

100.3

J-D

of

Issue—

Govt.

24 %

24%

17

'

—•

Irish

Mtge

17

19%

—-

20

(Republic of)*—

a 6s

103.24

100.4

J-D

107.6

5'As

120

24%

17%

17%

—
.

(Hukuang Ry) 5s

Colombia
106

Finland

2-2300

25

24%

—

M-S

25%

18%

16

21

(Republic) s f 6s series A
Helsinglors (City) extl 6'As

Foreign

18%
17%

__

33

17%
•>

M-N

1960

.

assented

AChinese

*106.22 106.24

*100.28 100.30

Telephone

26

15

—

18%

17%

....

18 %

M-N

25%

20%

—

*103.20 103.22

M-S

assented

Chilean Cons Munic 7s
A 7s

111.29

*111.26 1.1128

J-D

<

A 6s

109.11

108.15

26

18%

19

—

17%

A-0

1961

assented

AGuaranteed sink fund 6s

J-D

1961

AGuaranteed sink fund 6s

—

18%

J-D

1961

A6s

Agricultural

11

—

19

--

High

20%

19%

__

Haiti

REctor

Low

-

19

—

No.

—

108.10

of

Range Since
January 1

Sold

High

—

19 %

M-N

Bonds

Bid & Asked

—

M-N

1963

'As assented

a 6s

unless they are the onlv transition*
computing the range for the year.

Law

A63As assented

104.26

*111.19 111.21

.1980

York

range,
sales in

Interest

12

assented

ASinking

107.10

,*109.13 109.15

J-D

M-S

1945-1947

Unification

Exchange

Nov.

AChile Mortgage Bank 6'As

112.23

103.18
107.3

107.3

Stock

Ended

a6s assented

106.30

J-D

*101.7

—1944-1952

week's
such

(Continued)— '

AExternal

10L9~ 103.3~

101.7

*107.1

(Rep)

AExternal

*106.20 106.22

A'O

MS

Corporate Stock

3%

Chile

114.1

103.21

MS

the

BONDS
York

Week

High

*103.19 103.21

M-N

M

New

New

Corp—

series A
series

Low

*112.10 112.12

1944-1964

Trunsii

No.

High

>1944-1949

I As

January 1

Mortgage Corp—

3'As
3s
Home

Range Since

Sold

A-O

M-S

In

No account is taken of

v

Bonds

Friday's

J-D

.

Treasury 2'As
Treasury 2'As

Treasury

or

Bid & Asked

Sale Price

Law

.1947-1953
1944-1954
1946-1956
1944-1946
1946-1949
1949-1952
1946-1948
..1951-1955
1955-1960
—1945-1947
1948-1951
1951-1954
1956-1959
1958-1963
i
1960-1965
I—1945
1948
1949-1953
1950-1952
1952-1954
——1956-1958
i
1962-1967
1963-1968
June 1964-1969
Dec. 1964-1969

4s

Treasury

Period

Government

4'As

Treasury

Last

Interest

Stock Exchange
Nov. Pi

Ended

Week

disregarded

are

indicate in each case the month when the bonds mature.

Week's Range

Friday

BONDS

York

New

Exchang© ->?>.

YEARLY

-

Interest"—except for

the column headed "Interest Period"

letters in

italic

The

are

when outside of

and

week,

the

WEEKLY

-

fie

11

13

10 %

13%

'

A4'As assented

—

:

r

12%

•

.

*

Volume

THE COMMERCIAL & FINANCIAL CHRONICLE

Number 4229

158

NEW
BONDS
New

York

Week

Stock

Last

Interest

<

Low
Railroad

and

Industrial

M-S

1947

1948

63%

F-A

6104'A

__

„

J-D

1st

Southern

1st mtge

5s—1943

*102%

A

J-D

B

*zz

—

*105'A

M-N

1972

J-J

1948

A-O

1948

A-O

*90

Albany & Susquehanna RR 3'As—1946
3%s registered
1946

A-O

*100

3'As ser A

Power

1st

3'As

mtge

Albany Perfor Wrap Pap 6s
6s

with

warrants

Low

63%

48'/2

1

102

—

assented

71'A

Carriers & Gen

76%

Cart & Adir

108'A

103

106

102

zz

101'A*

90

102

A cent

Branch

100

A-O

93

.1950

A-O

87

110

A Ref

62

A

90%

M-S

1949

3s

A

1st

.1967
^—11967
1995
.-^-1995

Div

pur money

sink

fund

4s

78%

1st

107%

32

107%

67%

•3.-

105%

Central

13

14

13
*52

55

35

57%

29

20

37%

gold 4s__1951

J-D

1946

J-J

1966

RR

&

income debenture?

74%

109%

98%

51%

74

61

78%

102

102%

103%

106%

15

A-'j

' '

17

Ref &

2

103%

Atchison

AO

119% 119%

1995

Nov

106

..1995

4s

gold 4s of 1910

108%

gold 5s

Gulf

llO'A 110%

•

ill'A
96%
95'A

■

'

105'/a

•

105

20

impt M 3'As

107% 108

3'As

120%

July 1952

-

-102 hi

4s

107%

1st

103

107%
102 A

'

•

103%

189

/67%

90%
71

86'A

1948

J-J

35%

34'A

36%

33

1948

J-J

33

33

34%

7

tr 5s——1959

J-J

Refining deb 3s

89%

91

69%

71%

84

86 'A

%

110

63

26'A

107

23%

95'A

25

16%
20

5

107%

13

36
34

106'A

111

95%

96

83

98%

92 »A

92%

7

71%

95

63 %

63%

M-N

66 %

184

55%

71%

116

70

M-S

70

2

100

100

101

13

65

72%

M-S

135% 135%

74%

105

If

105

130%

M-N

137%

106

106 ft 106%

27

102%

108%

106'A

106% 107%

41

102

J-J

108'A

J-J

118%

121

115'A

119%

15%

31%

92%

101%

93 3

100 %

..1989

ref

3s_

'

20%

■

CM T-i n-

19%

ref

J-J

491

101

100%

inc

mtge

inc

M-S

105

/—.A

97'A

102%

97'A

96%

F-A

82'A

82'A

84

88%

91

123

J-J

1982

.

A

107

43

M-N

.1988
2038

J-J

__

J-J
M-N

& gen

6s series B_.__.May 1966

Chicago Ind & Sou 50-year 4s

.1956

'A

225

32

47%

A'ft,-'A'A

118

124%

76%

55

66

76%

42

39

38%

53

7

48%
58 ft

46%

:

31'A
31%

53

20

29%

49%

9%

37

6%

15 %

10

10'A

17

6%

85

J-J

»A

46%

9 'A

10%;

:

49%
45

9'4

.

ft^^,: Aft Aft/

/•?

■

J-J

84

92'A

53

41

■

44%

''ft

73%

40 'A

75%

J-J

1966

41%

65

.

99%

75 %

*124

.

J-J

5s series A.;

81

93

88%

1947

1st

134

F-A

_„1997

mtge 4'As

gen

97'A

1977

(conv).

a

96%

1971

A

,

'■

17

*100% 103%

■

J-J

&

33

102'A 103%

1949

series

101'A

*100

J-J

1958

5s

101'A

1949
..1949

1947

A

105

104

_1949

4s

A 1st

40

100'A

r

ft "ft-:

*9%

A-O

6

ft"

*120

J-J

^.1949

ARefunding gold 5s series B
A Refunding 4s series C

45%

29%

6

32%

102

1989

4s

ref 4'AS series B

&

AGen

88

,

92%

/

F-A

XAChic Ind & Louisville ref 6s A..1947

73'A

420

v.

105

—

38%

1946

Chicago & Erie 1st gold 5s
Chicago Gt West 1st 4s series

93 %

541
-

105

M-S

~—1953

16%

Chicago & Eastern 111 RR—

104 %

M-N

Division

AGen

102'A

J-D

'

110

1996

registered

1st &

111%
114%

7

M-S

_..Oct

29

107

F-A

.1996

General 4s

111%

3

102 },l

1964

A

40%

26

A-O

.1992

series E

registered

Illinois

111%

*101%

,

85%

18%

37

Chicago Burlington & Quincy RR—

-

J-J

112%

71

25

F-A

1948

2d consol gold 4s

107

104
6

1952

4'As

gold 4s

& W I SS coll

Atlantic

28

1-12% 112%

J-J

Atlantic & Danville Ry 1st 4s
Second mortgage 4s
Atl

1

*107

__

112%

J-D

1944

.1944

1st cons 4s

unified

coll

N

&

J-J

1946

L 1st 4'/2s A

Coast

General

J-D

1958

30-year 5s series B

Atlantic

L

1st

& Nor

& Cliarl A

J-D

1960

1st 4s

;

21

106

*110 %

__

19%

173

25

..1942

JAChicago & Alton RR

114'A

105 "a 106

105'A

J-D

1955

Trans-Con Short L

Atl Knox

M-N

1955

of 1905

Conv

Conv

1st

114

.1995

Stamped 4s
Conv gold 4s of 1909

1)0%

19%

30%

Banking—

Illinois division 3'As

4s

Adjustment gold 4s

Atl

113

Topeka & Santa Fe—

General

6'A

80

A-O

I960

Potts Creek Br 1st 4s...
R & A Div 1st cons gold

107 '/a

109

104% 104%
113%

26

26%

'

7s

15

79 'A

J-J

1962

5'As A

50

6%

27'A

1987

Prod

23%

27

28

1987

5s

91

118

15%

*111% 112

J-J

J-J

ref gtd

gold

57'A

68%

40%

—

A-O

1961
1987

Chesapeake & Ohio Ry—
General gold 4'As
Ref & inipt mtge 3'As D

117'A
105

7
6

108%
67'A

104% 105%

J-J

107

100%

'

*102%

—

A-O

202

138

114%

108
'

37

14

30%

14

■v-

110'A

112

.

39'A

A-O
A-O

1987

110%

103% 103%

*

90%

M-N

Power 3%s

Guaranteed

31

74'A

•

49%

88

gold 4s.l949
Through Short L 1st gtd 4s
...1954

91%
106

107'A

ft A 30

102 V,

46'/<

gold 5s__

1st

60%

102%
100%

105'A

1

90%

4s_

Y

107 %

48

'A 27

100% 100%

...

101

2

46%

Light 3'As

Central Pacific

■

F-A

registered

Central N

103%

2

113%

F-A

(Deli. 1957
1957

C

110

104

18

4s

106

105%

107% 109

4108'A

M-S

w

1978
.1978

series

69%

102

162

87%:
105

AGeneral

107% 108%

Q-J

,ft

gold 4s

62

t

1
12

103 %
%

Jan

Ark & Memphis Ry Bdge & Term 5s 1964
1964
Armour & Co (Del) 4s B
1955
—1955
1st

108%

M-S

Arbor

Ann

J-D

M-N

Anglo-Chilean Nitrate deb

83%

108%

'A-O

3s

94

A.

50

1959

§ A 5s stamped

1956

deb

53%

68%

50

104'A 105

110%

3

107% 107%

50

104%

High
106%

__1959

5s series C___

Certain-teed

1962
___19G2

Co

60

104 %

A-O

1966

debentures..

Tobacco

Wat

88

106% 107

Wks & Elec 6s series A—I1975
1975

conv

Amer
Am

debentures

105

J-J

American Telephone & Telegraph Co
3'As debentures
1961

3'As

i

87

M-N

2030
.1949

95%

62

107%

J-D

5%s series B___

gen

Illinois

Low

16

1945

gen

Div

No.

1945

Nov

XACent New Eng 1st gtd 4s
JACentral of N J gen gold 5s
5s registered

100'A

60 %

106% 107

J-J

Range Since
January I

Sold

High

,

52

*65

106%

J-J

....1955

Bonds

109% 109%

99

93%

104;% 104%

M-S

F-A

1962

&

A Mobile

100%

87

F-A

.1952

.*70

122

Friday's

*89% 106

:

109%
'.ft

M-N

1981

Ref &

AChatt

90'A

94%

101

M-S

w_„.___1950

w

Alst

108

62

or

Sale Price Bid & Asked

J-J

1965

1st

1

92'A

1949

gold 4s____l948
XCentral of Georgia Ry—

92

A-O

.1951

P

10

99 'A 100%

%

U

105'A

93'A

J-D

Corp 5s

101'A

90

Week's Range

Last

Period

1st gtd

mtge 5s—
8 A Consol gold 5s

—

—

108 'A 108%

90

.1950

deb 5s.

Interest

12

Celanese Corp

Central

Foreign Pow

Friday

Exchange
Nov.

gold 4s
3%s deljs
Celotex Corp 3%s debs.

104%

102

A-O

.1949

&

Stock

Ended

Low

Alleghany Corp—

Am

York

Week

High

103%

—

*104'A 107 '

;

1967

Alabama

No.

New

J-D

1943

A

cons

series

4s

High

64'A

J-D

10-year deb 4'As stamped
cons

January 1

J-D

1953

1948

Coll trust 4s of 1907—

Gt

Range Since

Sold

XSACarolina Central 1st gtd 4s
Carolina Clinch & Ohio 4s

1953

AStamped
Adams Express coll tr gold 4s._.

1st

Bonds

Companies

XAbitibi Power & Paper—
8 A5s series A unstamped

Ala

BUNDS

Friday's

or

Sale Price Bid & Asked

Period

\'i

YORK BOND RECORD

Week's Range

Friday

''

Exchange
Nov.

Ended

1957

85

13

66%

93

15%

XChicago Milwaukee & St Paul—
AGen

1st

Ohio

&

mtge gold 4s

July 1948

A-O

.

67 %

67

68 Ta

141

Stamped modified bonds—
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(Int at 4 %
1946)

1

Oct

Ref Si gen
Dec

Ref

1

&

1946)

71%-

J-D

71%

37%

J-D

'/•/'

73

150

60%

42'%

36%

38'A

290

32%

<:

43%

137

35%

57

37%

38%

32%

M-S
F-A

37%

25'A

28 34

53'A

1947)

J-J

1951

73%

J-J

1951

—

74

1st gtd 3s__1989

Beech Creek Extension

1st 3'As__—1951

51%

54

...

14

/;

70

-40%

62

46

61%

Loan

Indus

59%

90

60

75'A

45'A
82%

99'A

*96%

300/,.

A-O

130'A

100

ft

130

99'A
101

A-O

104 »A 105

105'A

99%
103%

ft

81

M-N

50

F-A

38 »A

104%

1947

M-N

108'A

92%

.12

78,

.

92'A
80

—

5s

55%

57

375

68

8

&

ref

&

ref

&

ref

73%

50

168

39%

;

42

A-O

1934

.>

18%

A-O

A-O

ft

38

23%

46

108%

86%

cons

National

111

Guaranteed

gtd 5s A

gold

5s

July 1969

Guaranteed gold 5s
Guaranteed gold 5s
Guaranteed gold 4%s
Guaranteed gold 4'As
Guaranteed
Canadian
Can
5s

1962

gold

Oct
,

21

108% 108%

103%

loi'/e

6

104%

109%

96%

20

83'A

16

99

105'A

no-'

109*

110'A

109

41

42%

Northern Ry deb 6JAs

A-O

1951

deb stk perpetual
equipment trust ctfs
trust

Collateral

For

gold
trust

footnotes

5s

1946

J-D

page




1960.

69

52'A

83 Is

67

69

50%.
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t

17-

54 V4

54

29%

M-S

34 '/a

32%

36

J-D

J-D

8%

9%

67

74'A

57

58%

*50

59

Vftft

4%

13%

70

92%

67

75

53%

71

18

67

73%

M-S

40%

2

ftft%pftft

.

72

J-D

20%

1

72

A'

57%
3G'A

346

90%

A",:

•^

58%

19

638

10'/a

/A.

■ft-ft.

70%

35

2,172

33'/a ft

M-N

33%

2

31%

J-D

46%

'

643

54

A-O

.1963
1963

J-J

.1963
1963

J-J

.1952
1952

4s

com

62%

75

.-uftA' '.

ft: 14

'-'

49

'ft

; 6?

55%

55%

107%

110%

J-J

ft

ft.

16

104% 105%

Aft. '

;

100

105%

103% 104%,

1962
..1962

M-S

17

94%

105 %

104% 105,

105

22

97

105%

A-O

53

;ft

49%

53

31

41

48%'

48%

50

17

38

51

51

51%

15,

28%

55%

Cincinnati

..1966
1966

F-A

110

110%

108%

111%

..1967
1967

J-D

110%

112

1st

Cin

& Elec

Gas

3'As

mtge 3'As_._;

Union Term

1st

mtge gtd

1st

._1969
1969

50%

gold 4s

..1993
1993

58

11%

..1993

Wab Si M Div

St

L Div

Cleveland Elec

ftft' 1

81

92

Series

C

3'As

74

23

ft/58

75

Series

D

3'As

gtd

86%

86%

■ft ft 5

77

88

General 4'As

108%

110%

109%

113

71

11

87

54%

ft

122

53 Va

54%

77%

J-J

56%
79%

89 %

85%

85%

90%

46%

61

13

46

Cleveland & Pittsburgh RR—

m-n

..1990
1P90

107% 108%

J-J

1970

::

58%

16

65

83%
106% 109'A

6

.
'

-

109

3

108'A

109%

95%

32

117'A 117'A

1

16

107%

109

5

H31/2

118'A

113%

118%

&

79

Line

s

f

s

f 4'As

.A 1973
e.,1973

series C__________ ._1977

inc

ft

V.ft.TV

•

"■

ft 94 %

94%

93%

93'/a

93%

56

A-O

84%

82 'A

85%

55

77 %

110

71

13

A-O

A-O

•76'%

ft/

74%

fti-'i—ftft.;

86 %

.-

15

87

99

75%

94

64 %

v.

86%

59%
103%

V':''

J-D
A-O

105%

*106'A
*106

'.ft."

108

108

105

'•

*108

i

ft'

A-O

■f

1945
1945

mtge

'

-

ft,

1970
1970

1st gtd 4s___;

:

J-J

11981
111981

.1/1972

80 >

73'A
104

93%

96

111%' 118%

Colorado

4'As

&

Southern

(stamped

Columbia

G

modified

E

&

Ry.—

deb

113%

119%

Columbus

& H

6

111%

118

Columbus

&

Sou

Ohio

38

110%

114

Columbus

&

Tol

1st

112'A 112'A

19

112

113%

-ACommercial

83 '/a

10

71%

1944

J-J

102'A

102% 102%

91

102%

J-J

.103'A

103 % 104'A

34

95'A

105%

1st

M-S

51

91

101V*

Conv

88'A

May 1952
1961

28

105

.1980

5s

Debenture 5s

118%

99%

B__l

5 V2.sc.

105

108

ft

F-A

gtd__.e

Iron 5s

M-N
F-A

..1961
gtd 4 %s._.ii.'1961

gtd

series B

River Ry

Colo Fuel &

1st

Term

ft

..1950
1950

1.1977
..1977

A_i

series

4'As series

ref

5s

1948
1.1948
...

,116% 116%

99%

10

55

55

68

'ft ft*-ft

*90%

•

J-J

..1991
...1991

1st 4s

gtd

72

82%

ft'

1977

coll tr gold 4s.
Ilium 3s

1st

11

94

ft

J-D

/

"ft/ft ft

97

23%
22'A

*112%

J-D

5s scries B_

19

>

109% 109%

109%

F-A

General

11

110%

Ry

General

Cin

35%

110%

a;-n

gtd 3'As D_ __1971

3%s series E___.

Cleve Cin Chic & St Louis

ft

Income

V

1st

extl
El

extl

w

4s

1955

48%

46%

51

»

63

M-N

103%

103

103%

37

J-J

103

102'A 103'A

113

A-O

*109

F-A

*113%

w

—Apr 1

3'As

46%

53%

92'A

104 %

88

103'A

109%

_.

1969

May

108

110%

1968

J-D

110

110

1958

J-J

115

115%

18

5
23

111

112%

109%

110'A

108'A

4109'A

M-S

Edison Co—

mtge 3'As series I
debs

gold 4s__1948
1970

3'As

M-N

Mackay Corp—

deb

Commonwealth

.

16

109'A 109%

109'A

.1943
..1943

112% 112%
112 %

15

A-O

i960

4'As
see

F-A

F-A
J-J

_

5s

19'A

118

116%

4

m-n

1954

1

Indiana

18

116'A 117

F-A

1.105

..1952
1952

a

78

*116'A 117

J-J

1956

11'A

____1957
.1957

1151/2

96 5

107% 107'A

J-J
J-D

1955

4'As

94

117%

9%

10

XAChoctaw Ok & Gulf cons 5s

105'A

105

109

J-J

1969
1970

Pac Ry 4%

Coll

A-O

J-J

49'A

Station—

XAChilds Co deb 5s

Coal

gold 4'As_—1957

49'A

23

1951

1st & ref 4'As series D

1st

Canadian

22%

77

41%

.1934

mtge 3%s series E
1st mtge 3%s series F_.

1st

Canada Southern

48'A

67

41%

1960

Gen

A-O

23%

41%

39%

1951

Cleve Union

1968

45

39%

M-N

1960

Cleve Short

4s__

40

40%

.1951

ADebenture

*86'A
72

41%

...

3'As.

19

J-J

J-D

J-D

1988

deposit—

Ref & impt 4'As series E__

M-N

78

58

39'A

64'A
60

39%

66 %

stpd

gold 4s

Union

33%

35%

*55%

.1952

86%

*—

105

of

California-Oregon Power

of

60%
63

68

1927

5s

60%

33%
34

J-D

1949

1st

54%

60

M-N

gold 5s
May 1 2037
4'As stpd
May 1 2037
4'As C__.___.May 1 2037

Railways
part paid

Chic & West

24

'

ft l:1

32

19

§ ARefunding

101%
.91

82

111% 111%

i

J-D

(interest at
to 1946) due—
.—1957

—I960
Aftftft;ftftAft:< ;i- Aft."

61

250

1st

modified

gtd—r)r

60

33 %

55%

25%

94

Buffalo Rochester & Pgh Ry—

Bush Term Bldgs 5s

32%
30%

40

56.'A

Chicago

80%

96%

M-N

series C—1967

92

104 'A 104%

F-A

1955

46

55'A

54

A 1st

73%

54

,

55%

105%
103

*100%

J-D

1957
1981

102'A
102%

108% 109

F-A

—i.1950

11

103

38

M-N

—

51%
53%

M-N

1960

48

,

Af-N

5s

54

54%
55

105%

*89'A

J-J

Bklyn Edison cons M 3'As
1966
Bklyn Union El 1st gold 5s
1950
Bklyn Union Gas 1st cons gold 5s_1945

Consolidated

16'A

55'/»

103

*100% 101

A-O

1961
1960
AInc mtge 4*As ser A.——July 1970
t A Boston & N Y Air L 1st 4s
1955
4s series RR—

...

4%

M-N

ACertificates of deposit..

M-N

4Vis series JJ

deposit—
Bush Terminal 1st 4s—_——1952

2,304

M-N

105%

100%

M-S

jBurlington Cedar Rap & Nor—
§Alst & coll 5s—

44i/g

13%

1987

Gold

103%

1967
1955

Buffalo Gen Elec 4'As B

18'A

1987

132'A

3

'

104 'A 105

ref 6s series A

2,430

M-N
M-N

____1987

Fed inc

p

X A Chic R 1 & Pac Ry gen 4s_.

101

14

*._

1st lien & ref 5s series B

40%

tax

n

100'A

98%

13

J-D

1st 5s A C

'ft 45'A

stpd Fed inc tax
stpd Fed inc tax

104'A

105%

105

*,A

series II

gold 5s

128%

ft

101'A 102'A

J-J

F-A

1944

mtge 3Vis series H

5

*99% 100%
100% 100%

100

8

130%

J-D

A-O

Big Sandy 1st mtge 4s

ACertificates

registered

ACertificates

3

ft

1

82

4%s

49

.—1959
1960
1965

mtge 3'As series F
mtge 3s series G

M-N

1987
1987

4s

AConv 4%s series A

75'A

74'A

1950

Beth Steel 3'As conv debs.

Niag Elec 3'As

47

—1956
1952

2'As

debentures

Maine

74

*48

J-J

1960

1st & ref 5s'series C

1987

registered

A 1st

,

73

A-O

1948

Telep of Pa 5s series B

'ft-ftft ftft '

11%

'

55

73

J-D

3%

13'A

5s

XIAChicago

stamped..

Stamped

A-O

A 1st

Battle Creek & Sturgis

Buffalo

Jan 1 2000

adjustment

AStpd 4s

(int at 3%%

1st M

1

ref 4s

&

36

M-N

53%

1st lien

39%

M-N

J-J

Debenture

F-A

1987

.1959

mtge

1975

AGen

Toledo Cin DiV rel 4* A

1st gold

68

AGeneral

Bangor & Aroostook RR—

1st

63'A

A4%s stamped--....^.-.^....^.^1987
§ASecured 6'As.
1936

93

5s

74

67

37 3A

84

1st M

45

52%

60% ...63%

Boston &

162

24'A

53

Consol

67%

467

62'A /

Consol

ft 63

32%

53%

Consol

66%

J-J

87

M-N

2"As

J-J

May 1 1989

'

38'A

28%

•

36%

J-J

Beneficial

May 1 1989

F

AGen

1950

Bell

E__.

series

52%

132

1951

4s

series

4%s

XChicago & North Western Ry—
AGeneral gold 3'As

52%

41 'A

36%

■

due

i

74

4'As

44'A

4s

M-S

—Feb 1 1960

gold 4s extended

S'west Dlv

Con

262

77 %

ser

due....

Jan

67%

*

XChic Milw St Paul & Pac RR—

Pgh L E & W Va System—
Ref

66%

63

3'As

1995

due.'

(int at 1% to
due
■__.
2000
F (int at 1% to
Sep 1 1946) due
...1996

to

70%

40%

67

ser D

gen

AConv

43%

79

J-J

Vh%

(int at

Sep 1 1946)

Ref &

-

430

60'A

May 11989

ACouv

A-O 7

(int at 1% to
due.
1995

gen ser C
1 1946)

Ref & gen

.

75 3A

ser A

Dec

to

59'A

65%

59%

C__:

AMtge gold 5s series A

to
July 1948

due

:

61

60'A

series

AGen

RR—

64%

J-J

4%s

AGen

Baltimore

4s series A
May 1 1989
gold 3'As series B__May 3 1989

J-J

AGen
AGen

B

112%

54

114

109%. 111%

108%

115%

THE COMMERCIAL & FINANCIAL CHRONICLE

1953

NEW
Week's Range
or Friday's

Friday

BONDS

New York
Week

Last

Interest
Period

Stock Exchange,
Ended Nov. VI

High

J-J

L 1st & ref 47bs_;—— .1951

Conn River Power s t

No.

Consolidated

3Vis 's. f.debs .1953

Clear

-A.

•

*113%

'

Low

113%

—

J-J

-

Week

24

100%

102

'/2 s

ioi u loi %

39

AO

104 U 105

18

104 >4

107 U

1956

AO

debentures—;

—

106

U 106 U

1

105%

1087b

J-J

1083e 108%

5

106%

1097 a

14

103%

105 3 4

3

3178

51V*

.1958
———

.37bs. debentures
Consolidated Oil conv. deb 3%s—- 1951
t

.101U

A-O

1946

debentures—

105 U

J-D

Con sol; Ry; non-conv deb 4s_—. 1954
1955
^Debenture 4s———

104% 10574'
40

40

J-J

a

40

J-J

40

40

40

J-J

J-J '

—,—1965
1st mtge 31.is——————1967
1st mtge 37as
—
1970
lstmtge 3%S—
•--!
—1966
1st mtge 3 Us———
1969

M-N

108

1

.

108

M-N

109

—

100% 1047 a

33

«39

1956

1960

4s„—

^.Debenture

Consolidation Coal S J 5s_—

99%

Gold 3Us

5174

mtge .3125—1

Crane

Low

High

56%

67%

487a

155

427b

5474

93%

16

85

94%

75

75

1

63%

78%

72

x

72

1

58

77

56

"

58%

2

42

61

L.

47%

60%

5

487a

65

...

....

...

J-J

41

47

47%

J-D
J-J
J-J
F-A

66 ? b

*47/b:

....

F-A

1963

J-D

5274

J-D

48%

•

61

wrr.

61.7V 62
*877b'95
7574 7574

w-

5

62%

80

276

47%

"60

111 Cent and Chic St L & N O—

4

108

110

Ind 111 & Iowa

109

3

109

1117b

79

1107n

112%

6

1067 b

109

1087 b

1117-4

tAInd & Louisville 1st gtd 4s_—1956
Indianapolis Union Ry 37'as ser B.1986
Inland Steel 1st mtge 3s series F__i961
Inspiration Cons Copper 4s—
1952

101

102.74

Interlake Iron conv deb 4s__

Ill

1107b 111

106 7 b

1067b 107
1097b 1097b

M-N

*10274

A-O

debs————,1950
—1955

Co 2Us s f

g A Cuba Northern Ry 1st 5 Us—a—1942
<i Deposit
receipts
:
A Cuba RR 1st 5s gold
1952

9774

J-D

ADeposifc

J-J

Joint

ref 5s series A—

1st

^1963

J-D

receipts—
3s deb——1955

A-O

'/.k-Y.■;

100

—-

39%

A

40

A 1st

5s

A 1st

52

543a

477b

50

85

43 Va

997b

99%)

10

82

43

9

52 'b

487a

2774

50

43 '

10

56%

48

26-%
23

Iht Rys Cent Amer 1st. 5s B
1st lien & ref 6Us

39%

96%

101

Int Telep &

Debentures

5s

102%

102

102% 103

204.

15%

15%

17%

239

407b

40

42

40%

40.

■

.

10674
.101%

.

*107

M-N

76 U

jJADen & R G 1st cons gold 4s___1936
§AConsol gold 4Us
1936

J-J

437'e

tnDes M & Ft Dodge 4s

105 Va

4

6,2

256

75 U

80 3

386

217

a

17

221

•>

43

17-4

57a

6U

44

3U

47 a

5:?b

194

374

%

AO

387-4

36 U

3974

143

18 7b

MS

MS

Jones

F-A

81%

3%

.

1057a

99.7 a

110

110U

89

4018

441

26 3 a

5

108 7-8

10

85 3 4

17

1017a

41

24

10672

2,

108 7 a

Vs

\

.

6

;

■

'

■

567b

567b>-..587b,

22

4674

67

Oo'-- 95 71

15

94

967b

76

617b

91

61

89

99 7

68'?.

687b

J-J

City Term-1st 4s—.—..I960

73>W

1087b

3374

7874
1107b

1117 b

110

a-Q
J-J

*160 it.'

J-J

*109>

Koppers Co 1st mtge 3725———1961
Kresge Foundation 3U notes——1950
JAKreuger & Toll 5s ctfs
1959

75

-

6974
10574

Kings County El L & P 6s——-1997
Kings Co Lighting 1st 5s—
.3954
1st & ref 6 Usa..—.——1954

109'

1117 a

unguaranteed-.

627b

40

117

J-J

4 7bs

...

45

73%

1961

:

5

107%. 108 U

J-J

Plain
*

98 Va

86

70%
68

.

6(yUv6972

737 b

J-J

.

-

i

1961

a

22 U

A-O

67y3

68

J-J
J-J
J-J

1037 a

10774

32

*08a-#;.-!*
60

of-

Kentucky Central gold 4s
—.—1987
Kentucky & 2nd Term 4 7bs__—...1961
Stamped——-1961

34

99 U

108

£■■

'

95 Tb

A-O

A Certificates

Kansas

51

102:,4 10374
24

J-J

•

1077b

40

26

p.

1087a 109

A-0

'

J-J

deposit——
Kansas City Southern Ry 1st 3s.—1950
'.Ref & impt 5s
...Apr 1950

112%

104%

10574

99

99
102 U

85%

J-D

A-O

,

9874

110

20

105

267 a

3f-N.:

7b

1%

1961

If AK C Ft S & M Ry ref gold 4s_1936

2012

1097b 112%

*

.

80%

66

80

-

1959

1st 4s

Laughlin Steel 374s—

&

Kanawha & Mich 1st gtd gold 4S..1990

1097 k 109 U

J-D

J-J

.:

102%

224

m-i> 84%

3 7b

101%

95%

6374

K

45

67a

*97

llOla

J-D

M-S

20

*167-2

J-J

92
9

■-

80

2%

70

152

1017b 1017 b

77%

1274

J-D

107 7 a

77%

127-2

4U

A-O

104%

507 a

F-A

3Us series G_—1966
Gen & rel 3s series H_
—1970
Decioit & Mackinac 1st lien gold 4s 1995
A Second gold 4s__
19.95
Detroit Tenn & Tunnel 4TbS———1961
Dow Chemical deb 2Us
—
^SO
Dui Miss & Iron Range Ry 3Us—-1962
J .? n Dul Sou Shore & 'Atl gold 5s—1937
Duquesne Light 1st M 3Us
.—1965

"%/' 6

48%

49 7'i

F-A

Gen & ret mtge

10574

2374

108 U

43 V

U

41

J-J

ctfs—„„ 1935

1027a

M-S

..1955

James Frankl & Clear

75 ? 4
40
"

1st gtd 4Us——1947
series F——
1965

ti.Des Plains'Val
Detroit Edison 4s

107 U

*1027a

J-D

1978

impt 5s series B

387 b

9

J-J

ref 4s____.1951

48%

11

,

*95%. J 00

F-A

24%

23%

150

104

10614 106%

Af-N

1947

52%

6%
.

40%.

104'

-

..

24 7b

60

527b' 54'%

53%

A-O

■

J-J

1027V 104

.•

46%

J-J

*114®b 120

*50760
*943a

.

46

' 933 b

*8074
i

175

*105.

95

83

88%

93%

937b

-

*86 X

61

85

86

17074

2757b

205

%_

106%

M-S
M-S

1057b

1087 a

103;

1037>

108%

lO^a 107%

MS

107

1007b

•

__

-

103U

*4%

10474

17a

47a

•

'

East Ry Minn Nor Div 1st 4s—
Last Tenn Va & Ga Div 1st 5s_.

..1948

A-O

;

..1956

.

■"

V:

*107% 108

M-N

110% 11074

107

15

108%

103

1107-e

148

151%

1

1007b

102.

102 74
64

1067 b

14

'

;

f

.

1st cons gold 5s_.

..1995

J-J

Elec Auto-Lite 2 Us debs——

..1950

J-D

Elgin Joliet fc East

..1970

Ed El 111 (NY.i

El Paso & S W 1st

Ry 3 Us

stamped——
Empire Gas & Fuel 3^is———
5s

Railroad Co—

'

MS

.

,

-.1962

■

77

77

*75

85

"J-J

99%

L

99 34

987 b 100

5974

59

139

927a

172

.

61

55

M-N

-1971

Firestone Tire & Rub' 3s deb

.1961

Flintkote Co 3s debs„l_

.1958

i

.1943

1067b

M-S

99

*103% IO474 ;

6574

.

Lamaro Nit rate Co LidA-

1077b

9f

2

103% .103 % v
10374 103%

J-J

*90

/%

>:.7ATst mtge income,

1047V

12

■'

102%

of

Certificates

J-D

M-S

■
■

—

83

^2-4s

.1982

M-N

JL958

J-D

34%

34-4

99

130

36 "k

1956

M-iY

U

-

19%
SO

387b

5

,

10

11

97

y •' Ss-

1949

5Us

J-J
J-J

26

607a

Grays Point Term 1st gtd 5s
Great Northern 4Us "series A

-1947

21

25

28

98

84

1027a 102%

J-J

19

30

42

J-D

Lehigh Valley RR—

1037 4

103 3 i 104 3 4

29

109 U 110%

8

111U 111%

35

J-J

106% 1077b

General 4Us series D_—;

-1976

J-J

97 3 B

97%

General 4Us series: E—

-1977

J-j

977b

96 3 4

General mtge 4s series G

-1946

J-J

Gen

mtge 4s series H

-1946

J-J

Gen

mtge 3Us series I

-1967

J-J

ctfs

stamped

AGen mtge

4

63 U

1027b

98%

48

8374 1007b'

10274

1021 b 102%

34

997b

1057b

1027 a

3027 a 103

42

99

103 U

75 U

93 7 a

58

697 a

9

147e

inc 5s series A_

*62U

Feb

Gulf Mobile & Ohio 4s series B—, -1975

12 U

13U

89

90

13

6974

60

62

25

54

6974

97

J-J

-1952

J-J

62

947b

Gulf & Ship Island RR—
1st

&

ref Term M 5s

Gulf States Steel

-1961

Gulf States Util 37bs*series D_—. -1969

*97.

■

Hocking Valley Ry 1st 4Tbs_

—1999

J?AHousatonic

Ry cons gold 5s
1937
Houston Oil 4Us dcbis
—1954
Hudson

Coal

Co Gas

1st

s

f

1st

§s

series A—.1962

gold 5s

Hudson & Manhattan- 1st 5s A

A-G

102%

H-N

*11076 111

106

1097a

104 U 1047a

1117a

"stampech-.Ui......—.1949

Lorillard

.1949

M-N

2

127

83%

5

80

105% 105 U

2

103

83

M-N
J-D

55

52%

M-N

567

1337 b
88

105%

40%
V

*117% 118

317U

:(P),,Co deb;5sh—_V/—1951

54

53

56

120

4674

26

26

27

196

197a

31

gold 3s srerlins

J-J

1027b 10274

J-J

.1951

*99%
97

97

97

:

•

1

*97
*44

p°ge I960.




44G

297b

2

287b

40

108

32%

45

3174

4174

30

:';

3^74' t'3474
*33%; 37.:
4^/b "'41%

33.

r.Z/Z

AO

M-S

102%

A-O
A-O

Louisville Jz Nashville RR—

1st ^

75 '

123%

105%

1077b

105 &

100%

2

12174

12374

106

1077b

2

1037b

7

99%

.104%

22

98%

104J

8

987b

G

120

42

102

91

92%, '94

9374

11074

310*4 11074

104 U

M-S

50
'•

11

103»4-1O37k
122 ,122
102; '10274

^

.

1

357b

557b
115

303%, 10474
-1037 47-103 7 ?s

-./■■

.—2003

6

427b

305V105

103 7«

ref 4 7b s-series C.i.—-—. ;-i2003

23

*1077 b

.

..

pis
•F-A

7fe3%

63^;

M-3

104'

-.7

105

10474
,

1227 b

102%;

787b

94 7

10974 11174
10274 104%

.

—.

1st & ref 4s; series D—

—2003

1st & ref 374 s series E

.-2003

1037b

108

947b

105

5

8872

100

91% - 92%
102a4.103

10

105

98%
9274

A-O

J-J
F-A

M-S

70

10^74 10774

//

J-J

5

85
957b
1027b 1057b
1067a, 1097a

'

*104'

gold 3s,
-Montg 1st gold 47b s..i .—1945
1952
.South Ry joint monon 4s.

M-S

Atl Knox-& Cine Div 4s—. —1955

M-N

Mob &

9

65

99%

1067b 1067/

A-O

1980

V
101

J-J

103

'/...

.

94.',.- 94
*10^b-107
iop.% 101
*11074' 1117b

10

■

M
Maine Central RR 4s series A—1945

47bs series A

—I960

105

7874
1047b

15

94

110

94

1057b
101

•

1117?,

4s

Marion Steam Shovel

92%

97

Stamped

s

/'

89 %

J-D

5074

50'/
63'3.»

65

56'

56,,

; 5

457b

56

50;

50

M-N
M-N

}§ A Manitowoc Green Bay dt Nort.b•
western 1st gtd 3.7b-s—————.1941

•

897^

1959

104%

t':r'

897b

.M-S

100%

'

J-D

—1953

101%

-21

8474

94

7

477b

59

13

497a

■

52%

-.

*25 7b

—

■

39

J-J

70

70

A-O

*1027a

10074 103

A-O

f 6s.——1947

...u——

*101

100

617b

62 3 4

92

59

59

59:%

153

57%

5774

58

59 74

5974

62

M-N

97

Market Street Railway—

60%

60%

47

60 5 b

(Stamped mod), ext 5s——. —1945..
McCrory Stores deb 374——
1955
Metrop Ed 1st 47as series D—1960

Q-A

51Tb

65

M-S

*111

Metrop Wat Sew & Drain-5 Tbs
tfAMet W Side
Th(cv

1950

A-O

*90

193P

F-A

96

65

61

J-J

see

29(%U:317b

:

12374 1233j

J-J

97%

12

M-N

For footnotes

75%

102 7'a

'

A-O

M-S
A-O

.1953

66

52%

417-4

M -N

1945

AManila RR (Southern Lines)

Extended 1st- gold
3Us-^_—-1951

44

MS

Louisiana .& Afk- Lst/-5s series A...1969
Louisville Gas & Elec. 37bs.„.
—1966

A Manila Elec RR & It s

J-J

27
45

34

M-N

Lou & 3eff Bridge CO gtd 4s

Gen mtge

1st

Sf-N

6174

A-O

3Us—III"~

5574

62%, 63%

30, %

A-O

debentures

Manati Sugar 4s sink.fund—Feb 11957

1st gold

jM-N

1187a

.F-A

-1981

>i4%

53®b

63 74

6274

a

1957

Illinois Central RR—
1st gold 4s.

-

1963

3s

St. Louis Div 2d

133

71

31

J-J

■

■133

74 7 b

73

62

'Y

2003
..^..2003
..2003
2003

...

J-J

64
71
8

"♦701;,

54

F-A
.

Unif mtge; 37as series A ext... —1950
Unif mtge 4s series B ext./—. —I960
—3946
Paduoah & Mem Div 4s_

—Feb 1957

AAd# income 5s

4s

,

H

Hudson

r

73

'

modified...

4s Registered—

l«t & ref 5s series B__

stpd

f 4Us—

s

.68

.

62)

.1954

-1950

Little Miami gen • 4s series A
...3962
Long Dock Co 37bs ext to.__/.__^_1950
Long Island unified 4s
___._1949
Guaranteed ref. gold 4s../......1949

977a

J-J

-2015

«

F-A

106? 4 196%

07%

18

*64 7b

■

...

•;

.75

1225,122%

10872

93

71%

4

-

86

-

♦64%

...

105/2 105

1127 a

62

F-A

.1974

'

897b

86

'

86-,

•

10674

11274

70

88%

■

-

12274

927b

90%

;

•

105 rib

309

897 a

96

■

'■//;

■

h—•

F-A

1027b

90

98

87

13

7b 101

"

7-A
-

A-O

Feb

B_—

95%

J-J

1017 b

T

110

95

Libby MeNeil
Libby;4s.1955
Liggett & Myers Tobacco 7s-.h___.1944
5s debehture.a-...
—_—__1951

9974

J-J

95

98

75
94

i00

•

557b
109

97

J-J

78

29

*99%

A-O

*1001o

-1973

Bay & West deb ctfs A__.

977b

A-O

J-D

-1952

30

97% .97%

97 »b

S'5s stamped modt{ied___._—_.-..^003,,
Lehigh Valley Terminal Ry ext 5S..1951

997a

-1961

7374

60

Lex ite Eastern 1st 50-yr 5s gtd..—1965

*101% 102

General 5 Us scriesdB—

A Debentures

103%

52

"

3474

103

MS

General 5s series Cj—

A Green

.1974

•

28

897a

11

/

99

(1.7bs. registered....—

1027a

,

80

60:

J-J

..1964

amped.........

ref; sink,fund 5S-.//Z—

(stamped./....—
Leh Vaj-Harbor, Term gtd 5s,./..
Leiuglx -Valley N .Y 4Tbs exti...

103%

'J-D

—1949

A Georgia & Ala Ry 5s
.—Oct 11945
;?AGa Caro & Nor 1st ext 6s_— —1934
Goodrich <B F) 1st 474 s—
-1956
Gotham Hosiery deb 5s w w._
-1946
j:

19

97%'?. 97%

60

J-J

.

^.1964

5s

14%

102 7b

si

1st

15

4%

8

97

967a

474

5

103% 103%

3

.

7

'

47bs, stahiped modified.:

Steel Castings

9374

ioSftj'ioi%

.

86%/87

Dec

.—1975

reg—;

1st & ref sinkifund. 5s—

-

Gen

10174

83%

99%
99%

'

887^109%

MS

4s

Gas & Elec of Berg Co cons 5s

99%

10X74

A-O

41

11%

11

ACertificates

Francisco Sugar coll trust 6s._

■

—1965

,

(Proof of claim)—

85

J-D

,,

108%

76%

99

34%

'deposit

of deposit—
Machinery Corp 3s debs—

85 7b

21

J-J

Lehigh Valley, Coal Co—
'
y
y 1st &'.ref sink fund 5s.._.^... ..1954
5s;stamped./__.__._______. ..1954

10374

9

99

357 a

V

J Fonda Johns & Glover RR—

Food

50

98%

J-D

/

Lehigh Coal & Nav s f-47t>s A.. —1954
'Cons sink fund 4Us series C_. —1904

'

A

99

98;

105

'
■

.1974

& ref 5s series A-

a 1st

9%/"

9874

Lehigh & N Y 1st gtd gold 4s... —1945

-M-N

•

,'.f

101

98%

98%

F-A

;; y

Leliigh & New-EngRR 4s A

M-N

-

.1959

?Honcta East Coast 1st 4 Us

*100

-F-A
;

...1947

Lake Six & MichHou gold 37bs.. L-1997
.—1997
,3'7-as registered../..—

1007b

F
Florida Cent & Peninsular 5s.

...1960

i

Lake Erie & Western RR~

10074

'

.

A-O

...1953

,

7,Coll. & ref 57bs series D...
5s extended'at 3%. to——

.

extj 1st 4s—. :_1947

1st mtge? 3Us

-.1945

Laclede Gas, Light extd 5s.
Coll & ref 5 7as series C.

8274

807b

98

95

99%

993a

J-J

.J2015

Div

*106-

J-J

_1993

Ohio

f—.

: '

M 4s series B

N Y & Erie RR

,

-

Z——-

cons

i'-'

AO

AGen mtge inc 4Us series A_.

1st

■%'-

1017b 1017b

AO

..1965

—

•

■

Erie

—

..1965

5sr

*148

"

a

'

43%

.

Dayton F &:X lst mtge 3s_——_ 1970
Dayton Union Ry 3Us series B—1565
Delaware 6c Hudson 4s extended—.1963

2

44%

D

}ADenv & R G W gen 5s—Aug 1955
A Assented (subject to plain.—-

102

J-J

—1972

:

101%

106%

A-O

Teleg deb gold 47is-—1952

Alowa Cent Ry 1st &

♦

106 34

A-O

Ref sink fund 6s.series A___—1955

-

104%

102

J-J
Af-S

47%
1087

J-J

1956
:_1944
B—1947

;

99-fb

24%
1087a

*106',

...

A-O

.-

•1:08'% 110

...

A-O

..1956

series B——

43

J-J

M-3

Adjustment 6s series A—July 1952

Internal Hydro El deb 6s_.._
Internal Paper 5s series A &

407a

42

100%

J-J

*Alntcr-Great Nor 1st 6s series A.1952

4374

36

—1950

—1947

gold 5s series C_.

38

30
'• '

397«

*377b

.

100

45

3

*4772

■

98 ?'a

327b

27

37%

A—

^Deposit
ADeposit

527 b

42%

gold 4s„

27

'

26

*477a ,50
■

Curtis Publishing Co

38%

7-b

1st

93
;

...

5274

"

Jr D

receipts——————
series E extended to—
.1948

10

.

44

41%

—Zl

..

42

receipts-—a—ni
—
to—1946

977/

38%

-

10.

-~

97

*42%

p—-

A77/s series A extended

A Ref &

No.

.

9374

F-A

J-J

103

M-N

J-D

A 6s

Range Since
January 1

Sold

High

64%

J-J

92

M-N

Crucible Steel 3 Us s f debs

;

65

1951

1st & ref 4'/as series C

;

Bonds

Power Co—

Consumers
1st

;>

1951
1951

Springfield Div 1st gold 37is
Western Lines 1st gold 4s—

5174

32

99%

Range

Friday's

or

BaleTrice Bid & Asked

M-N

—

1948

374s debentures————
3 *2s

Week's

Last

Period

J'i

Refunding 5s
41955
40-year 474s..__——.—1966
Cairo Bridge gold 4s
1950
Litchfield Div 1st gold. 3s„—...1951
Louisville Div & Term gold 3y2S_1953
Omaha Div 1st gold 3s.
—1951
6t. Louis Div & Term gold 3s
1951

Consolidated Edison ol New York—
2

Friday
Interest

Exchange

Nov.

Elinois Central RR—(Continued)

1083i 111

102

Ended

Low

114

"s

102

—

BOND S

New York Stock

High

108% 108%

F-A

3%s A—_— .1961

'V-::.-

Range Since
January 1

Sold

Low
Conn Ry &

YORK BOND RECORD
■■■

Bonds

Sale Price Bid & Asked

Monday, November 15, .1943

7
-

43%

59 3 4

64

46%

€2 7 b

,

A-O-

99

99/

9074

10674

111

1137a

93

,

12%

897b
10574

...

84

1057b 1057b

■

1274

67b

96

1374

Volume

Number -1229

158

'

-

THE COMMERCIAL & FINANCIAL CHRONICLE

NEW
Friday
Interest

Last

Week's Range
or Friday's

Period

Sale Price

Bid & Asked

BONDS
York

New

Stock

Exchange

Nov.

Ended

Week

J'i

,

Sold

New

Range Since
1

January 1
Low

No.

1st

&'Sag 3 %S

Lans

—

ext

&

'

'

'''if

'

78

.

,'ilj

■;

;

104% 104%

104%.

10114

57%

53
95

65

60

62

J-D

38

68%

"49%

52

273i

57

1941

J-J

*58

7214 '

61

65

■

..1934

M-.V

25%

—1949

M-S

7%

Q-F

.

13

•

6

2

%

30%
8%
8

SA'lst

1938
.—1938

4s stamped.

cons

26 =

28%

1938

j-j

j-J

'29

consol

...

5lis—;

A25-year
A 1st

5s

1st

6

16%

43

15%

30%

5%

30

414

76%

a 1st

1%

714

64%

76%

:

' vj-o

5014

4914

%

j-j

60%

58%

481

46%

74

61%

j-j

-48 la

52

1966

1962
—1962

5s series A_

•

49%

2614

30%

50

52%

401a

63

45

33%

52%

134

50%

a-o

159

52

27%

j-j

1967
adjust 5s series A—Jan 1967

A Cum

a

3514

56 la

19

38

157

■

3514

102

;-f-a

19^5

M-3

19%

1814

21%

1,020

1977

M-3

5114

50

52%

443

51

4914

51

.

''

..

& ref 5s

M-N

5114

50

52 la

135

1949

MS

~9r!a

*814

10%

1,138

5%

A-O

51%

50

52%

239

3614

ref

&

36%

1981

.1991
Moh'k & Malone 1st gtd gold 4s_—1991

50

52%

51,%^:

51

51

mtge 4

55 %

57

M-S
F-A

1960
1960

a-o

..1965

A-O

..1966
1966

.

:

,328

,

..1953
Morreil (John) & Co 3s debs.—1953
& Essex 1st gtd 3 lis— ..2000

:;f:—

..V

M-N

Tramways

ext

5s

M

Constr

M-3

*

& impt

a-o

132%

119%

123

113

114%

can¬

'48

;
*

66

.;

88 3 V

88

j-j

86

56

53%

69

50

52%

Q-F

50 = b

6

57 =

57%

94%

69

89

.

42

'

53%

40%

58

101

50%

62%

397

59

2

69%

72%

156

52 3 4

Q-j

Q-a

89

84

q-S

63

■

50

81%
68%

1

2047

j-j

2047

j-j

64%

04 %

65 %

48

66%
55%

2047

j-j

64%

64%

65

24

55%

109

2

112

6

1st

107

11314
11314

Teleg 4%s ext

51

4614

44

46%

41%

42%

M-N
J-D

gtd 5s—

1947
1947

M-N

Nash Chatt & St L 4s series A

1978

F-A

8014

Prod 3lis debs
Distillers Prod 31is—

1960
1949

J-D

106!a

& T 3=4s

89

■

42%

■

76 =

78 3 b

76%

2

109

F-A

M-3

109

112

...

j-j

1944

»•

■I,:

.

••

-

:r.

68%

109

110%

110%

101

--

■•■''-'

;

% 101

112%
101

-

J-D

•

..

13%.

28

107% 108

•

12

20

110=%

19%

10614. 109%

"109=2 110

109% 111

110% 110%
1061b 107

107 %

111

106%

2

110

"

1'*

MS

.

J

-

102

'1

104%

106%.

105%) 105%

1

104%

10(5' h 106%

8

10514

j-j

108'a 108'a

^f'%1

j-j

109% 1093o

13

109

1083a

103% 109'a

51

106%

110%

103%

10214 103 %

8

99%

105 %

j;':

1946

j-d

1946
1946

Oregon-Wash RR & Nav 4s

1961

j-j

Otis Steel

1962

j-j

1946

j-d

a

4

92%

99%

1964

j-d

109%

1097b 110'a

33

109%

1121b

.1961

j-d

110%

llOli 110%

13

310

112%

109

112%

cons

gold 5s

46

1st

4%s ser A

mtge

:

:

3.08 =

107%

109%

2

110%

110%

11114

5

J-D

5s—.1945

gold 4s

Guaranteed stpd cons 5$

501b

10814

'

1st

con

Ore Short Line 1st

54 %

3114

72

Oregon RE & Nav

100'%

2

35%

<-Y

112

112

37 =

3%s

J-J

1966
1940

Elec

■

——

m-s

1972
&

Gas

debentures...

12%

•

M-N

1967

...

mtge 3%s

4s

j-j

I960

mtge 4s

Ontario Transmission

96%

993a

v

46

.

*109% 112%

(■:'■

2

142

iv";

1st

intge 4s

Oklahoma
t

103% 10714

:

26

-

99 3 4

481a

110

_J,-

•"'3

99 3 4

1955
1955

States T

1.23

6s series B

1st

*113% 114:%.'
106% 106 li

50%

1968
1968

Mutual Fuel Gas 1st

40

124%

19

.

*115%

1945-

mtge gold 5s (stamped

Ohio Edison

109

99 3 4

M-N

M 4lis series B

Mountain

851b
49 '

34

12814 129%

:-w.,

73 '

29%

O

65

101%

95

1955
—1955

A

5s series

106% :

J-D

Morris

Constr

114

59

45

110

w

Power 1st

Montreal

15

41 la

-

M-3

t§AOg & L Cham 1st gtd gold 4s_1949

"1061a 107%
109

■:% 110

J-D

..1951
—1951

& ref 3%s

Montana

80%

"36

1974

59%

38

3"

■51%
i'.'il''

..I960
1966

lis

debentures————

6s

77

38%

a

"

Monongahela W Penn Pub Scrv1st

112%
106

58%

3 5 "a

3

57

f-a
•

Monongahela Ry 3l4s series B

80%
897
-

O-A

58

deposit—

5s series I—

110%

108%
102%

-9 '

59%

■

35%

A 1st

108%

-.5

15%

.1980

of

43
■

59%

1978

ACertificates

22%

105

1974

4%3 series A—

Northwestern

58

36'a

111=4

8 %

2

105

A-O

(Minn) 1st & ref in(ge'3%S—1967
(Wise) 1st mtge 3%s——__—1964

27%

3514

2

109%

Northern States Power Co—■

59%

6

90

3
189

15%;

108 % 108 =

16
83

& impt 5s series C
Ref & impt 5's series D

59%

11

l

108 % 108 =

j-j

ry Si Id gold 3s
.Jan 2047'
registered...
...2047
Ref & impt 4%s series A—
2047

59%

35%

83%

14%

■F-A

3s

Ref

357'n

"i

A-O

—1998

Ref

.51%'I

1965

ref 5s series A.

&

45 %

19%

U%

M-S

Gen lien

iMissouri Pacific RR Co—
A 1st

High

31 Is

18%

109 % 109 %

:v Af-N

„.

lien

Prior

Low

15.

11

J-J

Northern Pacific prior Hen 4s—1997
4s registered..
—1997

Missouri-Kansas-Texas RR—
.1962
40-year 4s series B„—
.1978
Prior lien 4 lis series D—1978

33

"11%

J-J
■'

1955

deb 5lis——1950

guarantee)
ACertificates of deposit

59%

4114

..

.

No.

83%

1946

cellation- of

98%. 100

100

& ref

33

Range Since
January 1

Sold

Ry Co—

Central gen

Gen

Bonds

High

{Northern Ohio Ry—

10

2
9

4

4

76

F-A

.1967

4%3 series A

mtge

North

31%

4

29 =

j-j

1990
1st 4s.——1990

■I

30%

16

106

.

30%

5

5'!L>

j-j

1959

%

28%
-

m-3

1978
-1978

t AMissouri-Illinois RR 1st 5s
Mo Kansas & Texas

j-j

1949

——

ref 5lis series E

&

v

29

26%

30%

1938
gAlst stamped 5s gtd as to int—1938
A 1st & ref 6s series A,
1946

§ A 1st

8

.'

A Gen mtge 5s conv inc
...2014
t,5 ANorfolk Southern RR 5s A
1961
Norfolk & Western Ry 1st gold 4s_199Q

tMinn St Paul & Sault Ste Marie
j-j

1

F-A

_1943

Telephone 3%s series B

Norfolk Southern

2%

7 =

5

Friday's

"

5s—

Niagara Share (Met)

21s

9

44

26

J-J

1937

t§AN Y West & Host 1st 4%s
Niagara Falls Power 3%.%..
Niag Lack & OM" Pow 1st 5s' A

85%

MS

'A. V

or

Sale Price Bid & Asked

.1937

1st gold 5s

N Y

63
.

gold

A Terminal

10914

49%

:"861a

:V

A-O

J-D

Week's Range

Last

Period

1940

§ A General

78

104=4

12

.

Interest

12

t}AN Y Susq & IV 1st ref 5s_
§A2d gold 4 % s
1—

92%

97

:

is

74

73

1

Friday

Exchange
Nov.

Low

•

M-S

50-yr 5s series A—-1962

ref gold 4s

&

ARef

.

•v-

1947

& St Louis 5s ctfs

A 1st

73%

J-J

90%

Stock

Ended

High

1939

ASConsol ext 4%s

t AMilw Spar & N W 1st gtd 4s
tlAMilw & State Line 1st 3lis
{AMinn

*100%

MS

1952
___-1979
Michigan Consol Gas 4s___
.1963
mMidland of N J 1st ext 5s.,.—1940
t§ AMilty & Northern 1st ext 4%s~ 1939
3%s
Ret & impt 4 Vis series C
gold

90'7

M-S

1951

York

Weew

Michigan Central—
Jack

RECORD
BONDS

Bonds

Hioh

Low

YORK BOND

1959

112%

N
Pacific

Nat

Dairy

Nat

M-3

sinBng fund debentures—.1949

3 lis

1st

Steel

National

3s

mtge

5s

eons

20

70

85

80%

8014

81

27

70%

1

116%

24

122%

MS

1241a

F-A

124% 125

*8114

A-O

107 =4

Ref

J-D

J-J

2

3

11

941»

95

95!
no

9314

Trans deb

A-O

$ANon-eum inc Ss serios A.—i~1935
ACertimtates ol' deposit:
A 1st 5s series B——r
—1954
A Certificates of deposit—

"52

A

1st

juries C

5s

ACertificates
A 1st

5 lis

of

series

ACertificates

•*.-.C■

j-j

M-N

■

109

:

10614

95%

'■

108%

•

109

5

*105%. 11.0

-'

\

109

105%
■

110%

104% 104%

—

111%

104

.1944

f-a

85

a-o

96%

105

102%

4

2

85

96%

af-a

*115 %

■

97

105

67

85

57%

9

:

—.

Pennsylvania Co—*

;

j-d

1952

M-N

:i5%

93

117%

F-A

105% 106

102

974.

41

103 %

1081b

...

101

107%

104

106

102

31

109

'

1960
.1981

64%.

J-D

"'102%

J-J

*102% 109%

_

.

■.;".4u'

3%s

ref

ser

j-j

105%

105

10514

F-A

1091a

109

1091a

4

1974

&

.1968

.1969

1st

64%

44%

*102

103%

106%

108% 108%

1963

F-A

65

A-O

71

53

50 '

70

13

48

69 li

F~A

69;'

69 li

10

50

F-A

107%

107% 107 Tb

26

18

103=8

110%

108

110%

1031b

105%

106 =

4

109%

98%

54

108%

754

67 li

671 i

IT-1

5114

70

62

.

li

deposit.

70 =

?

72

49%

7114

44=2

61%

52%

79%

11

72

70

1954

70

75%
'

62

471a

75

49

65
69

—

A._

of

j-d

.1944

68

69

;

deposit

103%

'•

■

series D__——-.1956

4Vis

ACertificates
A 1st

deposit

•

■

.1955

6s__

Paterson & Passaic G & E cons 5s .1949

96%

80%

60

•

31

'

108

66'i

A-O

.1950

_

of

*107% 109 %

10414

57%

7
«m..4

C

108

'

~—

110%

1041a 105

...

:

—

tNew Orleans Texas k Mexico Ry—
,

:V-i'

103

76

94%

s

110

■

97

83%

6

M

Parmelee

82

1U

73

18

10414 104' 4

92

10414

Broadway Corp—
f gold 3s loan et.fs.^

1st

123%

77

1061a 10714

Paramount

-I960

97 =

•105% 106 %

a-o

gold 4%s_. ..1955

East P L 3s 13

97

■

J-D

.I960

Panhandle

97

J-D

.1966

3!4s series C

mtge

Paducah & 111 1st s f

la

11814

106

84

104% 1051 i

A-O

1953

116% 1161a

J-D
-

.1971

Pacific Tel & Tel 3%s series B

85

1167a

.1966

...

1st & ref M 3s series K

119

801b

J-D

—.1955

1st gtd 4s_

116

gold 5s
series G

3%s series H

mtge

1st & ref mtge 3s series J

;•

100

J-J

1st 5s series A—1952

New Orleans Term

95

1st

Co

& El 4s

& ref

1st & ref mtge 3%s series I

105

80

92

B—

105

103%

Gas

1st

106%

101 %

.1

807i

951a

ref 5s series

102%

~8

a

"116

J-J

1st &

103 =

*99%

J-J

Puo Scr

103%

104 lb 104 >2

1st ref & imp 4 lis——1952

New Ori

105%

J -J

1st 4 lis——I960

h Light

J Pow

1103,li

New Orleans Great Nor 5s A——1933
N O & N E

68%

33

A-O

J-D

___194a

England RR gtd 59—1945
AConsol gtd 4s—1945
New England Tel & Tel 5s A——1952
1st gtd 4 %s series B—————1961
N J Junction RR gtd 1st 4s
,—1060
N

90

Coast

Pacific

82

80%
106%

MS

■

tANcw

:

a

"10414 1051a

!

'M-S

1965

tANuugatuck RR 1st gold 4s_—__1954
Newark Consol Gas

79 31
105 7

4

.

Pennsylvania RR—
Consol gold 4s_—
—.——1948
4s stcrl stpd dollar——May 11948
Gen mtge 3%s series C—
1970
Cons sit)king fund 4%s
1960

T-':;

M-N
M-N

109% 109%
"

WlU- H-sV11

-

■

■

109%

•

A-O

98=4

98%

97

224

o87a

99'%

12

119%

124%

115

101%

110%

F-A

i'21%

1965

J-D

109%

121% 122%
10914 110

B

115=%

115

gold 4%s

General

4. %s

General

5s

series

Ai.

•

Newport & Cincinnati Bridge Co—
.1945
General gtd 4lis
■

j-j
•

Debenture

'103%

A.

.1998

F-A

60

'5814

impt 4lis series A..._
impt 5s series C—

.2013

A-O

54

53%

A-O

6014

60%

.1952

MS

81 la

8034

83

Ref

Y

&

Cent

3lis

RR

4s

series

Hud River

&

.1997

J-J

.1998

...

3%s__

J-J

1997

3%s^.

registered

Lake Shore coll gold

3lis

.2013

F-A

1998

61

52%

67

67%

registered

3lis

87%

69%

82

Peoria

53

59

70 %

74%

83

61%
657

60%

60

6014

3

50%

66

Peoria

59%

62

71

48%

66%

Pere

58%

58%

11

47%

61

59%

New York

Chicago & St Louis
series A—
Abi

Ref

-

vi;

v

3

n

4lis

1st
6s

96%

131

8214

84%

234

1947

A-O

10144

1950
1950

'■.'J-D

3lis A

.1965
1965

debentures

N

Y Connecting RR

N

Y

Dock

1st

Cotiv 57J>

N

95

8314

—

3lis extended to

mtge

1st lien

gold 4s—

.1947

3lis series D

&

ref 3!4.s series E

N Y & Erie—See Erie

.1966
.1966

Y

&

Harlem

1949

2000
gold 3 lis———2000

& West 4s

-

%

2
28

97%

96%

106%

J-J

106

3 05

95%

10614

90%

1.001a

23

65

76

99

77 la

99

77

A-O

99

.1952

A-O
M-S

99

99

A-O

51

Apr

IT TiT'i li;

5%s

1974

F-A

Marquette 1st series A,5s

1956

J-J

1956

ext

& Pekin Union Ry

109

A'°

series A—

%

h;

99%

B—

series

1st

4s

gold 4%s series C

1—1980

97%

Phila

109

1111a 111%

...

MS

:

U
;

.1973

MS

70%

71%

.1973
1973

4'is scries B

Bait &

198

99%

l-st gold

51

54

11

18%

e

20%

20

5:ta

106%

*10534 107

72%

28

89 =4

J-J

8134

81%

8134

5

M-3 '

73%

72

7514

109

101=4

General

gold 4%s

F-A

J-D

series C

MS

% 75 :1; '

•

1961

100

Philadelphia Co coll tr 4.%s._

110%

Phila

109

110%

117%:

1st & ref mtge 2%s—_—______1971
{Philadelphia & Reading Coal—
A ref 5s stamped
%
1973

111 % 112%

yi-~

100

105%

AConv deb

551a

80%

6s._—

.1967

124%

{§APhilippine Ry

a

J-J

107%

76%

104%

107

129

lit

J-D

J-J

1962
...

125=4

s f 4s
deposit—

1937

J-J

96

O

11014

112%

102

11
*•'

104%

20=4

433b

218

19%

908

106Tb

40

16%

M-3

10711 1U%

V'
52

106% 107%

106

M-N

19G3

:

108

*10314 104

41%

i

9

124% 125

110% 110%
—

MS

1st

of

ACertificates

91
83

57%

118%

134%

*....

M-y

—1949

t

3s debentures

74%

60

12

ref 3%s

Philip-Morris Ltd deb 3s:—

;

'22

75%

•

J-J

*129

79%

86

108

1st &

,

4s—

General 4%3 series D

Electric

24%
107

(S43'4
,

4

106'% 107

J-D

1977
1931

J3_„

5s

6

6

.

;•'

117

111 '::■ 112%
1:44%
58=4

4

.

87%

1952

3%s deb

series

General

115%

V"v

105 % 107%;,

F-A

13

a

87%

1974

eonv

Wash

Phelps Dodge

86%

.4

V.

115% 115%

•

% 106 =.

111=2 .111 = 2

111%

1960

4s

1

■-

1081b 108%

j-D

115%

96%

'

1947

4s__

100%

101

■

A-O

.1948
gold 5s„ .1948

Purchase money gold 4s__;
N

891b

37

—Apr 1990

& Eastern

A Income

102%

RR

N Y Gas El Lfc H & Pow

N Y Lack

100,'u 100%
10514 1061a

.,

F-A

:4

.1965
1965

77%
64%
100

101% 101%

A-O

1951
—1951

notes

Y Edison

;

.

'■

9578

M-S

C

137

105% 106

2

'

A-O

1978

1—

series

97

105%

'

1974
—1974

5lis

Ref

96 =

A-O

1984

Peoples Gas L & C ref 5s

657a

F-A

_—

A-O

86

■

1st

:

3-D

1981

mtge 4!Vs-series E„.:
Conv deb 3%s

8014

•

108

1968

1970

Gen

60

F-A

1998

Mich Cent coll gold 3 lis—.

67%

65%

.

F-A

.1998

registered-——

■

5114

225

60%
55'a

47%

345

82%

Central

Y

Ref &

N

181
487

62 4a

Cotiv secured 3lis——-

N

series

General 4%s series D

10

104

17

104=4

43%

8T4

19 %
•

106%

■

104% 10514

3=4

2

7

7

*4%

8

106%

.

9

4%,

7%

tN Y New Haven & Hartford RR—ANon-conv

deb

4s—

M-3

._

ANon-conv

deb

ANon-conv

deb

3%s..:

...1954

ANon-conv

deb

4s

..1955

3%s.____.

M-3

.•:

v

39%

j-j

40% ' %

37%

401a

39

>/■

a-o

39%

33%

,

38

40% V

-.49

40%%:

113

3834

39%

22
:■.

52

31%

'

49%

33

'
.

49

31%

43

.',

34

.

52

Pittsburgh Cine Chi & St LouisSeries D 4s guaranteed..
Seriis

F 4s

30

32%

53

Series

G

39

31%

49%

Series H

176

3714

62%

Series I

49%

78

Series J

8%

21

Gen

36%

55

Gen

"

-1956

M-N

40%

38%

41%

-1956

j-j

38%

38

39%

j-j

45

43%

40%'

42%

AConv

•

34.

-1940

A-O

M-N

14

15%

33

-1967

J-D

40

43%

262

531a

56'a

;

•

'

,,

J A Harlem River & Port Chester-

1945

Gen

4s

105

*104

MS
F-A

*99%

J-D

*112%

guaranteed
guaranteed 4s

1957

MS
F-A

*113%

F-A

*123 =

cons

cons

4%s

guaranteed 4lis—1964
1970

—

—

113

.

111%

8

113%

—'

112%

114

123%

119%

123%

1.19%. 123%

"123=8

MS

107

110

*113

1960
1963

cons

10514

107

—

gold
1949
guaranteed gold—1953

Series E 3%s gtd

105 3 a

117

.116! 8 116%

mtge 5s series A

J-D

mtge 5s series B

1975

A-O

4%s series C

1977

J-J

107

1952

MS

10214

1950
1950
1958
1959
1960

J-D

116

1

116%

15

105

117

106% 107%

20

100

107%

102% 102%

25

116

'

MS

10314

M-3

9

8%

4

3%

a-o

-1965

-1963
For

footnotes

see

page. I960.




90%

6%

4

-1993

-1958

20
162

9%

J-d

-1992

102% 103%

50

51

M-N

110

110

J-J

107% 107 =

J-J

107% 108 ;,a

50

...

2

12

41%

9

.45

•

1

2
.

11

-

110

104%

106%

104

12%
7

58%
111%
108%

10914

Pitts

Coke & Iron

Pitts

Steel

1st

1st

conv

mtge

4%s A

4%s

mtge 4%s series B_

Pitts & W Va

1st "4%s series A

1st mtge 4%s series B_:
1st mtee 4V2s series C.

J-D

102%

J-D

57%

103

3

98%

103 %

102% 103

4

98%

103%

57

57%

23

oo

64

57

A-O
A-O

95

102% 103

58'a

21

53%

6314

56%

58 3

37

53%

64

56%

8

THE COMMERCIAL & FINANCIAL CHRONICLE

1960

NEW
BONDS

New

York

Stock

Ended

Week

13

Last

Low
Pitts

1st 4s ser A—1948

Young & Ash

1st

gen

1st

gen

1st

1962
1974

F-A

1977

J-D

1960

MS

4%s series D

5s. series

Portland Gen

5s extended

1st

Potomac
1st

El

1st

4%s

Terminal

4s

1st

1st
1st

&

Public

'

.

■••'J

TVv

105% 105%
*110

J-J

M-N

3%s—..1968

of

Service

3

Texas & Pacific 1st

ioo%

105 Vi

107 Vi

110'/a

100

12

;

7

J-D

97

ref

&

ref

5s

series

&

ref

5s

..2000

series D

5s

series

B

112'/a

106 Vi

or

Friday's

C_.

1979

¥

&

Elec

1st

gold 5s

Lotu

High

101%

116%

79

80

31

68

77

88 %

79%

24

67 Vi

85 3/4

—■

;

*115

77%

77%'

1

67%

85%

M-9

115%:

111

111

13

J-J

Tol & Ohio Cent ref & impt 3%s__1960
Tol St Louis & West 1st 4s
...1950
Toronto Ham & Buff 1st gold 4s._1946
Gas

Range Since
January 1

No.

79

J-D

1964
Third Ave Ry 1st ref 4s
1960
A Ad J income 5s.J._„....„._Jan 1960

Sold

79

A-O

1980

Bonds

Hioh

—

;

.

A-O

103%

71%

69'A

71%

153

62%

76

A-O

27%

26%'

28%

1,101

21 %

37%

J-D

98

A-O

98

101%

98

102

1949

M-S

1963

J-J

16

101% 101 Vi

J-D

1

V>%;

117%

111

87%

100%

91

5

102

*116

108

145 Vi

109 % 110

Week's Range

Last

Sale Price Bid & Asked

J-D

1977

Tex Pac Mo Pac Ter 5%s A

Trenton

109'/4
22

*222 % 230

A-O

20 Vi

91

107V4 107%
*147%

'

101

951/2

109%

—-

1071/4

,

100'A

&

,

*

M-N

Period

•.

*95

;

'

gold 5s

Gen

108%

w_:

15'A

M-S

Nor 111

ref

124

90

111

100

J-J

—

109

85

Interest

12

Low

Gen

•111-

J-J

mtge 3s_

107 Va

99% 100

Friday

Exchange
Nov.

High

.

J-J

mtge 5s
ref mtge 8s_.__

&

.„

100

J-J

1968

ref

&

Low

Stock

Ended

Gen

F-A

1972
..—2037
2037

Public Service El & Gas 314s

No.

118%

1957
1956

t A Providence Securities 4s

iA Providence

Week

*123

1951

mortgage 3 V+S—

Pressed Steel Car 'deb 5s

New York

January 1

-

1966

3 Vis—.

Range Since

Sold

108%

1977

M

;

High

*108

-

J-D

——1950

to
1st

Pwr

i

C
—

Elec

"v

J-D

5s series B

BONDS

Bonds

Friday's

or

Sale Price Bid & Asked

Period

101%

100%

102'/a

116%

117

105%

107%

110%

112%

149 Vi

220

107

106 Vi 107

222'/2

109%

Tri-Cont Corp 5s conv deb A.

112 Vi

u
.1971

M-N

.1945

A-O

.1959

R

F-A

1967

J-J

.1947

15%

1

J-J

104

15%

5

104'A 104'A

15

104

9%

16%

103

105%

2

100%

104%

88

107%

109%

104

96%

J-J

92%

"91'A

92%

78

78%

J-J!

92%

91%

92%

39

78

105 Vi

40

102 'A

106%

.1970

A-O

103'A 103'A

8

104% 105%

23

105%

.1971

971%

101'A

M-N

103%

103% 103%

10

M-N

10434 105

22

101%

105%

.1980

97Va

J-D

110

110

20

M-N

1997

ref 4 Vis series A

&

111% 111%

15%

97%

*100% 101

100

102

106%

1951

Reading Co Jersey Cent coll 4s
Gen

A-O

Gen & ref 4%s series B-._______1997

J- J

deb 3Vis
1958
Republic Steel Corp 4'is series B__1961
Gen mtge 4Vis series C_
1950
Revere Copper & Brass 3%Si
1960
Remington Rand

97'A

105

F-A

104%

16

99 %

88 %

95'A

Union

Pacific RR-

95'A

107%
•v'/Vy

107% 108'A

,v"'.

•

110

105%

104%
111

|
.1955

J-J

80

1949

A-O

46 Vi

series D—__ 1977

MS

1967
____1967
1969
1§AR I Ark & Louis 1st 4Vis
1934
tARut-Canadian 4s stpd._-._—___1949
JSARutland RR 4Vis stamped
1941

MS

1§ARio Grande West
A 1st

Gas & El 4Vis

Roch

Gen

gold 4s__1939

trust 4s

coll

&

cons

1st

A

mtge 3%s series H

.

78'A

80%

45%

.

48

*125%

MS

*

3'is series J

MS

*109'/a 109%

109 Vi

101

101'A

15

94%

102%

100%

100 Va

100'A

50

.1944

lOOV'a

100%

M-S

101%

102

*11%

United

110

110

109%

States

Serial

106% 106%

!

.

16

105%

,■

108%

14%

Corp—

!

2.10s

15%

2.15s

22

12

Steel

debentures

2.05s

9%

59

39

9

35V4
*..11

J-J

101

F-A

108'A

—

31%

a-J

A-O

.1958

__

mtge 3Vis series I

mtge

34

.1952

54

124% .124%

Gen

MS

86

27

—

*111%

A-O

58 Vi

67

140

Gen

...

May 1 1949
Nov

M-N

1 1949

*101

M-N

.May 1 1950

2.20s

M-N

"

Nov

102 Va

101

101

101

100%

101%

101

102 Vi

102Vi 102%
*101%
.

101%

%
'

1 1950

M-N

2.35s

May 11952

M-N

*101

2.40s

Nov

101%

102

11952

M-N

*101 Vi

101%
101 %
101%

3 03

2.45s

1966

A-O
!

1947

9

105% IO51/2

A-O

62 %

1933
1933

55%

—

96%

/'

United Stockyards 4%s w
Utah Lt & Trac 1st & ref

—

95

96%

16

77%

96 34

95'A

3

78%

M-N

93

92

931/2

82

92 %

J-J

681/2

68%

68%

15

44

M-S

98

98 'A

21

91

J-J

881/2

6

73

35V2

1,002

98

88%

—

J-J

x30

Vz

30 %

f':

19

.1978

x33'/s

M-S

ref

&

12

20

40%

30'2

32%

1,160

19%

39%

31'A

52

19%

39%

M-N

91

.

1952
1990

48

1947
1941

J-J

'mm

J-J

3'/eS B

1971

1952
1989

&

Light

1951

5s

A-O

102

1021/2

4

93'?

1944

A-O

100%

100 %

100%

5

97 Va

1944

w

1st 5s

F-A

99%

99%

99%

18

Vandalia

RR cons g

4s series A-..1955

46 »A

s f 4s series B
1957
Elec & Pwr 3Vis series B_
1968
Va Iron Coal & Coke 1st
gold 5s__1949
Virginia Pub Serv 1st mtge 33As__1972
Va & Southwest 1st gtd 5s
2003

cons

5s

§A4s
A

Adjustment

43

34%

*17%

60

.

21

24%

,1-'—

.

•

'

85

■

89

6%
133

17

101 %

cons

6s

35

303

of

t§AAtl & Birra
series

A-O

19%

19%

1§%

MS

24%

23V4

27

39
40

A

42

11

37%

/

42

385

F-A

8 Va

8

deposit

114
112

M-S

89

89

79%

F-A

•—

J-J

*98% 100

1958

A-O

M-S

110%

79%

28

1st mtge 4s

110%

14%

series A

1971

30%

24 %

23

25%

160

14

41%

40

43

53

31

561/4

24'A

22

24%

69

15%

30

lltt

100

100%

J-J

101

101

1941

F-A

*50

59

debs

debentures 4s

South &

3s

Nor Ala

Bell

Tel

RR

&

Southern

Colo

Southern
4s

(Cent
4s

1963

3'As

Power

6s

Pac

coll)

Pac RR

1st

33/4S

.

Westchester Ltg
Gen

104

IO51/4

107

123

105%

109%

102

Western

105'A

1st &

Maryland 1st 4s
ref 5Vis

_.__1952

series A_>

JA Western

Pacific
A5s assented...

1st

5s

54%

691/2

68%

West Shore

M-N

57'A

56%

59 Vi

333

53%

66

M-N

56 %

56%

59%

265

52%

1946

J-J

A-O

3996

J-J

1951

J-J

gold

of

5s_.

gold 4s

Bell Tel
series

3Vis B

C

Serv

Calif

1964

..1968
4s_.._.

1972

1st gold 4Vis__2013
2%s debs
1966

Standard Oil N J deb 3s
2% debenture
Studebaker Corp conv deb fis_
6s called bonds (Jan
2, 1944)

97

71

75

97

68 3A

52

87 %

971/4

96

38

V.v

M-N

■

81
98

101

84

103%

110%
•"

•

— —

*50
103

51%

103

103%

.

JAWisconsin Central 1st 4s_
A Certificates of
deposit
SASu & Du div & term 1st

101

50%

22

41%

56 Va

J-D

103'A 103'A

1

102%

104%

Certificates

*116%

']

J-J

57'A

56

16%

16

60

A-O
J-J

1948

M-S

i960

M-N

88

122

61

111%
93

100'A
A

101'A

114'A

116'A

35

47%

67 %

47%

17%
18

107%

Conv deb 4s

105 %

65

14%

26%

15'A

110%

23%

109%

112 Va

107% 107%

"'2

107

108%

1st mtge s f 3'As series D

101 'A

102

102

102'A

78

101%

103%

100%

111%

26

100%

100% 101%

37

951/2

101 Vi

103'A

103%

106%

11

102'A

103%

Youngstown Sheet & Tube—

105.%

105% 105'/a

3

J-J
101 %

lOl'A 103'A
100% 102

*105'A
102%

...

102% 103'A

•

35

.

•

Deferred

J-J

*~

122 Vi

120

125

the

included in

1

delivery sale not

included

^Negotiability impaired by maturity.

1974
.1974

J-J

Texas

1950

F-A

5

1959

90 Vi

3s

A-O

105% 106%

6

105%

106 3A

M-N

•Friday's bid and asked prices;

106

34

105%

107

ABonds selling flat.

'*102% 104

112%

*105%
90

102%

89%

113%

103%

—

106%

105%

110%

112% 112%

89

105'A
94

In

the

year's

year's range,
n Under-the-rule sale
the year's range.

F-A




24

102'A

54

104'A

104% 105'A

J-J

1965

64

91%

M-N

1971

J-J

Company 3s deb._
debentures

J-J

1968

.1944

4s

109%
92%

101% 101%

58%

,a3«
.1953

gold

impt mtge 3%s
series B
Tcxarkana & Ft Smith 5
Vis A

91%

A-O

deposit

104 %

105'A

1953

.1951

of

1949

/

*111%

M-S

4s___1936

43

104%

a

&

M-S

•

101'A

108%

not

f

53%

49'A

I960

Wisconsin Elec Power 3Vis
Wisconsin Public Service 3'As

Included in

s

52

50%

1954

4s

102%

40

.

1945

M-N

L 1st cons
5s

1st

24

r.

J-D

196I

refund

53

J-J,

28

111%

41%

1901

Swift & Co 2%s debs

Ref

J-J

101'A 102 Vb

'

M-N

cren

101%

101%

M-N

'

Apr
F-A

1955

Tenn Coal Iron &
rr gen 5S

87 V'a
83

1951

West Va Pulp & Paper 3s

A

lOl'A

117
148

.

112%

106

107%

8

;

..

100

2361

guaranteed

Registered

100%

89'A

2

106% 106%

*110%

92

10

110% 110%

J-J

Superior Oil 3 Vis debs

Terminal Assn St

101'A

99

106%

19

100%

100% 101

J-D

92

171

94
102

2361

1st 4s

Winston-Salem S B

1956

ASpokane Internat

100% 101'A

99%

82

6 Vis

Pub

100% 101 VA

101

82

gen

ref 3s

101 Va

Wheeling & Lake Erie RR 4s
.1949
Wheeling Steel 1st 3%s series B...1966
Wilson & Co 1st
mortgage 3s__.__1958

93%

95

84

M-N
J-D

98%

73'A

.27

M-S

89%

92 %

98'A

i960

87%

103 Vb 104 %

89

97%

1951

70%

75

84%

88 %

97%

57

..1950

_

63

93

61

88%

76%

213

104

112'A

76%

97%

A-O

112

109%

36%

85%

A-O

110%

18

109% 110

36%

96%

1956

119% 120%
108%
106

..iAwv"

82

84

1956 '

6

v//l /;

'

103

97'A

4s series A

/A-:';

120'A

104

71%

85%

J-J

97%

104

71'A

A-O

1994

120

■'

45

104

67%

J-J

85

88

102

67'A

1950

J-J

--

:

108% 108%
*110%

31

2

71%

1955

6s

Southwestern

1U1

3

'

'."V

70 34

gtd 4s

gen

1st

93 '/2

'■•••••

34

100

M-S

ref

gen

Louis Div

144

87%

97%

A-O

66

72% '90
68

37%

97%

■

M-S

Westinghouse El & Mfg 2%s

55

100% 101

36%

*102%

25%
91

A—.1946

Western Union Teleg gold 4%s
25-year gold 5s
30-year 5s
;

164

6

9

1946

253

131

99%

J-J

1977

ser

62%

88%
85%

98%

/

—

32%
32%
34%

*34

120 '/a

J-J

1x:

26%

•991/2

M-3

52

27'A

;

www.

■'

WW

J-D

60%

87%
85 Vi

'

F-A

1966

34

WW

97%

.1963

83'/a 100
•v-/44 f. ' 61

187

M1

36'A

J-D

13
28

50%

33%

'

F-A

1967

.

60%

&

Southwestern

F-A

Q-M

4s

gold 5s

86

111

26%

33%

98%

stpd gtd...__.1950

57%

&

1st

A-O

1945

West Penn Power 1st 5s E
1st mtge 3%s series I

123%
109%

107%

5s

mtge 3%s

59

&

Oil

40-year guaranteed 4s

M-S

Devel

Stand

101 %

102% 102%

1st

60 %

Devel

&

105%

108%
107%

A-O

1955

Warren RR 1st ref gtd
gold 3%s__2000
Washington Central Ry 1st 4s
1948
Washington Term 1st gtd 3%s
1945

98%

*34

33%

1980

!

mtge 4s_.

1st

cons

72'A

108%

*34

F-A

—:

1st

87'A

100%

98'A

18

58'A

47'A :

...

A-O

ARef & gen 5s series D

F-S

...

Ry 1st

1976

..1978

series C

J-D

1949

Devel

1st

101%

106

107

102%

gen 4%s

Walworth Co

61

"5

•

&

1981

Stamped

St

M-S

1969

secured

Div

1975

1977

...

:

Fran Term

Mem

57%

CO

i.1968

Gold 4Vis

Southern

J-J

J-J

106

102

1

103%

*107

Aug 1949
....

(Oregon Lines) A

Gold 4Vis

South

58%

B

109

99%

<■123

A-O

1947

A

Gold 4 Vis

San

A-O

98%

Co—

registered

10-year

103 Vi 103%

1979

Pacific

1st 4 Vis

103

103%

1962

gtd 5s__

Tel

103'A

F-A
J-J

29%

40

A-O

1964

debentures

126
1

1952

Socony-Vacuum Oil 3s debs
South

*22%

1950

Oil 3s debentures.

110

23

80%

97%

Apr

Apr

A Ref

29 »/4

1961

Skelly

98

1981

1991

ser

29 %

15

M-S

debentures

Simmons Co

J-J

mtge 4s inc series A

mtge inc 4%s

JAWabash Ry ref & gen 5%s A
ARef gen 5s series B

30%

13%

F-A

t§ASilesian-Am Corp coll tr 7s

2%s sinking fund

,

1933

J-J

2Vis

92

110% 111

AGen

14

4

1,493

1954

Oil

50

4%

%

195

F-A

Union

49%

27%

3'

22

18

1935

Shell

91 Vi

104 Vi

Wabash RR Co—

1935

6s A ctfs

108%

111

110'A

31

123; A 126%

20 Va

certificates.,

B

■—:

—

A-O

1st gtd 4s

$ A Seaboard All Fla
A 6s

■

•

A-O

108%

111

111

W

106

"

deposit

series

Certificates

A

,

of

A Certificates

A 1st

M-N

v.

111

111

-

104

1031/4 103%

*102

103%

*108%

M-N

24%

27%

1945

5s

§ ARetunding 4s

101 'A

50%

50

.1950
1950
Oct 1949
1959

gold stamped

103

102%
:

M-S

1966

Virginian Ry 33As series A.

Ry—

gold 4s unstamped

§Alst

97-

72

2 7 Vi

F-A

Cons

Va

AGen

tSeaboard Air Line

102'A

84

£$

26%

M-S

97%

65 %

33

A-O

Sclienley Distillers 4s s f deb
Scioto V & N E 1st gtd 4s

85%

14

*91 %

WW

v.

F-A

46

66

A 47

33

J-D

93%

6 5 V4

■

J-J

1st cons gold 4s_1968

Depot

38

1st

gold 5s series A

Union

41%

66

Paul E Gr Trk 1st 4%s_
J§ASt P & K C Sh L gtd 4Vis
Paul

37%

20%

30'A

J-J

JASt

St

18%

511

30%

Nov 1989

ctfs

8 A 1st term & unifying 5s—
A Gen

Power

'

—1989

certificates

St Paul & Duluth

22

38%

30 %

$St Louis-Southwestern Ry—
bond

103'A

38%

35 %

33%

32%
J-J

——

inc

102

102

93%

37

1950

bond

101%

*102% 102%

88%

,1950

4s

101%

*101%

M-N

100 V2

.1955

4s

*101%

M-N

75%

.1959

A2d

M-N

96

Utah

102%
102 Vi

1 1954

..Nov

67

—

101 %

May 11955

2.60S
2.65s

.1948

1st

*101% 102%

May 1 1954

101

*101% 102%

M-N

108,

92 3A
4s

M-N

1 1953

107%

105%

5

*611/2

M-N

99

1

63

& Southem-

tSt Louis Iron Mtn

1 1953

Nov

2.55s

1051/a 105%

-

J-J
J-J

1996

May

2.50s

1996

1943

YORK BOND RECORD

Week's Range

Friday
Interest

Exchange
Nov.

Monday, November 15,

pound unit of bonds.

not

range,
included

d Ex-Interest,
e Odd-lot sale not
the year's range,
r Cash sale

in

tThe price represented Is

the

Accrued interest payable at the
exchange rate of

dollar quotation per 200-

$4.8484.

JCompanies reported as being in
bankruptcy, receivership, or reorganized under
the Bankruptcy Act, or securities
assumed by such companies.
-

no

sales being transacted during current week.

Section 77 of

Volume

158

THE COMMERCIAL & FINANCIAL
CHRONICLE

Number 4229

1961

jsz

ftiStt 1 KEW YO:
%il§S:i§MS^MS:' WEEKLY
NOTICE—Cash
In

footnote

a

and deferred delivery sales.are
the week In which they occur.

In

AND YEARLY RECORD//#®;/

disregarded in the> week's range unless they are the only transactions of the
week, and when selling outside the regular weekly
No account is taken of such sales in computing the range for the year.

ranee

are

shown

,

In the following extensive list we furnish a complete record of the transactions

Nov.

6

and

ending

to include every

the

security, whether stock

ft,/ STOCKS

.

New

York

Week

Curb

Ended

Friday

present

Last

Vi

Par

Acme

Wire

Aero

Co

common

10

Supply Mfg class A

Class

Mfg common
Associates Inc (N J)

Air

Accessories

Investors

Air-Way

Electric
Great

Oct

5

7Va

900

5%

Jan

9

7%

500

5

Jan

87/s May
4% May

2%

2%

2%

2Vo

2%
2 Vo

-ft

■

—

2%

400

92%

114

__

60

72

20

102

*

Allied

Intl

Products

--■7.'

7%

3% July
93 %

May
Nov

105%

Oct

10
„

„.

3%

Oct

Apr

24

Jun

■
■

—

25

„

25%
26

7

50

25%

125

26

110

Apr

23%

Apr

3%

(H C)

Co

•

common,,

100

Jun

Bowman-Biltmore
77o

_ioo
*

Brazilian Traction Lgt & Pwr
Breeze Corp common,!
Brewster Aeronautical

;

6%

•

common

preferred,,—

Aluminum

Goods

Industries

Aluminium

6%

Ltd

•

American
-.ft

,• •

'

,

Co
Co

--ft '

_

100

18%

5

11%
120

Corp class
Class *"B

A

50

103%

Jan

109

Oct

28

Jan

i'«

200

20%

100

4%

Jan

5%

2,100

5%

2% July

Jan

7%

Oct

33

.9%

class

Convertible

A,

Co

Class B

Cyanamid

B

;

A

Fork

American

Gas

&

Hoe

Co

27

American

109 % 109%

5%

39%

A

•

American

Oil

American

dep

Am

Amer dep

British
Blown

Thread

Writing

17%

Anchor

87%

_

1

1%

class

Common

Oil

&

Associated

Electric

American

of

Birm

Atlantic

Coast

Atlantic

Coast

Atlas

Drop

Jan

5

1%

Jan

2% Jan

13

200

500

8%

Jan

50

97%

5%

Jan

15%

Sep
May

Jun

rets ord

Aug

3,900

3

3%

14,700

9%

1,300

8%

96%

70

88%

Apr

99 %

Sep

7 Va

7%

400

7%

Nov

10 Vo

Aug

6

400

1%

Jan

5%

Jun

ft 1% Jan

6%

Jun

5%

Jan

6 '.

2,700

8

10% July

10

Jun

Jan

7

July

Jan

17%

%

""2%

"2%

50

1%

7

Vi-S/'i
8

*5%

"5%

30%

1,000

32

8

Feb

2%

Feb

3%

Jan

350

28%

Sep
Jun

ft May

Feb

80

Sep
May

6%

77/

5

Sep

40% May

8

1,000

4%

Jan

1%

8% July

6,700

%

Jan

2% July

4%

5%

100

5%

Nov

8%

103,b

11%

Apr

600

10%

Nov

12%

Nov

3%

ft'ft'

3%

•

Machine

& Sons common

8

5%
ft

1

„_—i.

3%

900

2%

Jan

4%

5

Collieries

1

4%

8 Vo

25

8%

'

ft-ft.,

8%

•

5% July

500
7

3%

Jan

6

Jun

500

4%

Jan

11

July

16%

!

1

cc

:

iaft

300

common

1

*

(unassented)

Jan

23

Sep

5%

Jan

9

Oct

B
Si Wilcox Co—

21

1

common

$5

Burco

Inc

&

$3

25

2.50

preferred

Purchase

7 7c

Rubber

Barium

&

$1.20

7o

Seelig

Steel

(L)

A

j

common

Inc

$1.50

Mills

Tel

Benson

Ties

Aircraft

of
&

_;ft

(PA)

Voting
Cables

preferred

Blue

$3

500

1%

3%

Jan

5,200

%

Jan

"5%

4

4%

3%

3%

2.100
100

Jan

4

Jan

1%
16

14%

14%

100

"2% "2%

700

7%

132

131'A 132

20

see

l

preferred

page




1965.

•

Jan

2V4 Nov
115'/z

7%

Jan

v*

California
Callite

Electric

6%

38

38

%

30

Oct

%

Fire

15% July
July

25

Assn

Participating
Canadian

Class

preference

Industrial

1%
45

voting
;
Class B non voting
Canadian Industries Ltd—
•7%

.

.

preferred

1

Capital

Jan

42

Jan

1% July
13 Va July

450

Apr

Jan

9 %

July

10%

Jan

16%

Mar

|| Jan
37%

Jan

Feb

44%

Jan

ft—/''/

10% Mar

May
12% May

Jan

33

14%

Jan

16

-ft 16%

3

50

75

July
18% July

4

—

750

12% Jan

18

Aug

16

50

ll%Jan

17

Sep

4

100

22

Aug

3%

800

1%

Jan

4

Vo July

13%

16

—

400

11%

Sep

15

July

5.%

/.

1%

Feb

22

51/4 Aug

Aug

•

/ft-3%
13

21%

16%

23

19,900

77

77

50

1%

—

1%

1.000

Jan

26 3/<

75

Oct

84

Nov

80

—

Jan

122

Nov

2

May

ft Jan
14% Jan
5

3

~9%
.14%

7%

Jan

10%

Jan

82

15,700

Oct

19%

Jan

Jan

1.800

14%

13%
96

'.4

96%

300

11%

11%

1,000

29

11

29

Oct

6 Va

Feb

10

Mar

1%

9%

99%

Oct

13 % May

Apr

25

50

16% May

v

Jan

31% May
1% Jun

1%

400

3

3%

2,400

%

Jan

4% July

4%

4%

100

2%

Feb

5% Mar

3
—

.

'

Carnation

Co

6

6%

%

5%

5%

ft Jan

3%

4

Corp

Co

.—1

common,

•

Corp

Hudson

of

7%

6% July

22%

4%

4%

4%

&

Central

Maine Power 7%
New

1%

1%

Central

Ohio

Central

Power

Central
Cessna

&

12%

100

45

pfd

45

100

Prooucts—

West Utilities

Shaft

Chief

Consolidated

97%

97%

May
July,

Aug

Jan
Feb

6%

Jan

13

Jan

21

8%

98

July

Jan

116

Aug

84%

Jan

99

130

8%

500

108% 108%

50

%

%

"/a

5,800

5%

6%

5,300

7%
102

& Lambert
Electric

~7 %

Jan

1% May

Nov

10% May

Jan

50

4 V4

Jan

100

% 9%

Jan

94

93

7

•

7

500

80

79%

%

6V2

81%

250

64'%

Jan

%

6 %

425

5%

Jan

6

'j"u

200

"III:

Coal

Aluminum

Colon

ft
9

ordinary

Colonial

74%

79%

2,300

51%

Jan

7Vz

7 V2

8%

700

4%

Jan

11%

Jan

96%

Columbia
5 7c

Gas

&

warrants

Arms,,

Apr

300

4%

Jan

61%

Feb

8

Jan

22

7 Va

100

13

$3

c

34%

36

12%

1,600

11%

12

10%

100

•7.

10%

10%

4'%

5%

77.

450

Gas

&

Consul

G

4%%
47c

&

Southern

to

5,400

1

common

Co—
common

.

Mar

14

July

3% July
11%

Jun

1%

Jan

7% July

Jan

5

Apr

TVs

4,100

2%

17,200,

1 Va

Jan

10% July
4
July

44%

650

41%

Nov

551/2

Feb

53

56

480

24

Jan

CO

Sep

6

53%

as

20%

3%

Feb

.

34

2,500

20%

20 %

250

10

9%

300

10

7%

Jan

1 %

% May

200

%

Apr

Jan

27%

4%

4%

2%

Jan

5%

62%

63%

700

56%

Jan

30

"4 5.'2

3.900

100

Apr

11% July

114% 117 V'4

4%
62%

Mar

July

22

26%

*

I

Jan

500

V2

100

UnHties—

Jan

%

•

preferred series C__

3*a

1/64 Jan
14

ft

1

preferred

Gas

Mar

8

Apr
Nov

19% July

1%

%

•

Biscuit

E L P Bait,

Comsoliuait-d

Jan

2

5%
36

July

July

41%

6

warrants-

1946

Coke Secur

series B

%

Jun

1 '/a

4

2%

100

preferred

Consolidated

Apr

7-%

400

3

3

Jan

28% May
6
Jan

1,300

11V4

%

81/4 May

Electric—

Public

extended

ft.

51/4

900

11

35

__25

preference

t

Sep
Nov

73 77

n

Jun

92 %

150

7%

Jun

971%

7% -7%

7,5
1

Fire

Jan

92%

£1

Airlines

Patent

18'ft May
98V4 Jun

75 %

•

preferred

26% Aug

Jan

3%

4

•

% May

Jan

Mar

1,150
35,700

89

Sep
Jun

July

18%

100
Co,/

common

8

12%

12%

Corp,,.
Co

84%

10%

1

„•

105

16

•

Sep

9
Sep
141/2 Aug

10%

1

Utensil

Plow

Development

67c

Conn

Jan

9

18

10

Mfg
Illuminating

Oct

5 Va

ft, ft

.

%

12

12

80

common

109

4 V'4

G

*

Inc

Oct

9% Mar

Jan

Apr

76

Co

Feb

10

*

Lights

Oct

4%

Jan

48

Neon

Jun

Jan

•

Controller

Jun'

81/2 July

2%

•

.

Oct

6

preferred B

-

18%

77/a

preferred BB

Cleveland

V

112

114%

94

,,,*•

Apr

Jan

15%

1

•

7%

5OV4

Aug

800

10

23 % May

116

1,401)

9%

100

Mar

Jan

300

~3%

5

Mining

2% May
13% Mar

Jan

4,800

31 b

4

common

preferred—

60c

13%

~9%

8%

5

Childs Co preferred

$6

11%

"9

a

—10

Co

Oct

150

38%

~

25

Flexible

•

Oct

Oct

Jan

7

50c

Chicago Rivet & Mach

51/0

H Jan
9%

Strip Co__5

Chesebrough Mfg

Cities Service

12 >

"9

8%

1

Weather

Charis Corp common,,
Cherry-Burrell common

Chicago

Aug

102

100

Co

Metal

Oct

106%

1

pfd

Oct

1

5% Aug

1%

100

Jan

22
45

•

com

57c

Light 7%

South

&

A'rcraft

ft5%

5,500

12%

preferred_100

Power

Steel

23

Jan

140

*1%

1

Elec

Central

York

Aug

3 Va

300

3

Id

America
Gas

Aug

Jan

Jan

1

(A M); & Co

Catalin

7

1%

1%

,

' Products

Central

3% Apr

900

•

«.*

common^.,

(J W)

Casco

Apr

3% July
3% Jan

Mft.———*/

common

.

Carter

Apr

1%

2,400

Carolina Power & Light $7 preferred—•
$6 preferred™
•
Carrier

1%

ft Jan
ft Jan

;

200

5%

4

1

10

2,100

Apr

ft

325
200

•

City Products
Carman & Co class A—
7
Class 'B

25

6

1%

1%

400

11%

.,100

Canadian Marconi

Service

9% Mar

45

May

66

•

Commonwealth

100

1%

Oct

7 'A

11%

,*

Community Water Service
Compo Shoe Machinery—

800

43%

Jan

Aug

Alcohol—

A

Community

7

5,100

'1%

Sep

I2V4
119

100

Apr

13

14%

1%

2%

1,200

—25

Mar

7

13%

4%

22%

Sep

5

5

3%
14%

Jan

500

136

45

Jan

Jan

61

63

1

Insurance

Colt's

Jan

Jun

2

100

1

Cement Co Ltd 6%% pfd
Canadian Car & Foundry Ltd—

Colorado Fuel & Iron

Jan

%

3,600

Jun

63

10

Canada

Sep

35%

1,900

10%
95

3 00

Corp

Nov

13
7

12% May
7% Mar

£1

Power

Tungsten

Camden

Club

6% July
3% Sep
48

Sep

50c

dep rets 5% pfd—
Sugar Estate,

Clinehfield

3 Va

15

23%

Jan

3

50c

certificates

Cleveland Tractor

33
38

•

convertible

Feb

21 % Mar

2%

l

I_i

Apr
Jan

3%

—1

& Mach Co com,,*

May

39%

%■

Jan

7%

7,300

Wireless—

Calamba

Claude

7

11%

2,200

777.4

1V4
25c

American

Clayton

Jan

9%

•

"•

26

Jan

29%

•

common

footnotes

,

ioo

common

(E,W) common
Ridge Corp common

For

,1

l

common

optional

2%

350

20

common

Birtisboro Steel Fdy

Blauner's

8,900

4

12%c

common

trust

&

Cockshutt

lo

Convertible preferred
Berkey & Gay Furniture

Bickfords Inc

1%

4%
6

l

Canada,,

Hedges

75%

1%

19% Jan

39%

——1,100

;

Inc common

convertible

Bellanca

3%
39

5
,

common

1st preferred,,,,,

Beaunit

Bliss

3%
1

Mfg—

Refractories

Btlau Brummel

Bell

common

common

convertible

Baumann
7

for

30

Co

Stainless

Barlow
Basic

warants

preferred,,

Baldwin

2,500

2,500

10%

8%

•

Cable Electric Products common

Clark

21%

19%

95

*

Sullivan

Burma Corp Am dep rets
Burry Biscuit Corp

Butler

Mar

—3 To

*

preferred

Hill

Apr

2

Power—

preferred

1st

Feb

9

Jan

22%

9%

*

Niagara & East

$1.60

%

Jan

%

3%

;;

5
,

City Auto Stamping
City & Suburban Homes
20%

.

*

Cities Service P & L $7 preferred
$6 preferred,

Babcock

ft Jan
2%
:/

9%

3 "2

1

Buckeye Pipe Line

$6

Baldwin Locomotive—

16%

10

•

Chamberlin

Jan

300

*

Bruce (EL) Co common
Bruck Silk Mills Ltd

Castle

Jan

4%

Apr

10s

reg—
Power class A

■

111

1%

common

Voting

Patoka

2

ft

69%

50

preferred—

Ayrshire

1,100

2'! 4
2

7% ft 7%

.'ft"

Corp,———1

Automatic

(B F)

Jan

7

1

Products

6%

Jan

pfd—100

.

Oct

17% July
4
May

95%

———.—_1

Co

Automatic

Avery

105%

12%

•

Co

Corp

Forge

Jan

2%

6

.*

A

RR

Fisheries
Line

Plywood

Jan

3%

ft/

Atlas Corp warrants—
Atlas

2%

60

3%

—£1

class

Coast

Rayon

II May

400

2

•

:

Atlantic

Jan

Industries—

Tei

&

&

3*2

2%

5,300

•

dep rects reg

Tel

Associated

Jan

13 % July
5 Va May

1,800

7%

—1

Associated Laundries of America
Atlanta

Jan

5%

9%

"7ft

,5

Co
Canada

Sep
Jun

27a

95%

2.50

Oct

26%
57%

3%

108% 108%

■^^7

$7 preferred,*

1%

Jan
Jan

3%

12

108%

.'

^

Jan

Oct

3%

ft

•

common,;

250

13 %

89 %

20%

100

2%

ftft;

3%

%

200

1

Jun

45

22,700

105

Jan

,200

6%

Aug

July

3%

ft"

3%

•

80

8,000

%

12

3%

Breweries

103/o
3%

104 Vi2

■■

.' V-

ftftft

pfd—100

new

10,400

Vk

■

—•

Refining

Associated

Apr

39% May

25

12%

10

Art Metal Works
Ashland

"ft_

common

Equipment Corp

26%

Jan

3%

1

Arkansas Power & Light
Aro

Sep

Feb

100

%

»

preferred

6%

19%

1%

9%

non-voting

A

Jan

25

2

Gas

13

1,700

20

1

10

5

common

Apex-Elec Mig Co common
Appalachian Elec Pwr 4%%

28

87%

25

—2

Angostura-Wupperman

Arkansas Natural

23%

Jan

;/ 45 ft/ 45

—

•

Fence

Post

42%

Jan

25

preferred

Paper

Jan

13%
20%

25

1.6 %

33

50

25%

16%

10

5%

Jan

6% July
36% Sep

£1

preferred

Bunker

28%

125

17%
27

Superpower Corp common—*
1st
$6 preferred
•
$6 series preferred
i
—*

American

A

pfd

17%

Jan

19%

_£1

Forman Distillers

Jan

Jan

bearer,,

prior preferred

Jan

3%

A

6%

ft" .ft;

•

reg—
Ltd—

Fence & Wire

Class
Brown
$5

Co..

ord

Columbia

12

450

17%

25%

American

American

rets

Celanese

19%

29% July
112
July

28% May
9V4 Oct

'

rects ord

dep

British

Buffalo

Jun

Jan

Tobacco—

Am

45
July
47% July
3% May

93 %

100

common

Oct

3% July

Jan

75

40%

July

821/2 July

Jan

6

1

.

•

British

36% Apr
% Jan

175

34

26 %

Co——

& Jan

6,600

5%

33%

*

Seal-Kap

5

25

Republics,

American

10,000

20

Chemical

&

4,300'

14%

Meter Co
Potash

37%

400

14%

25%

100

Maracaibo

42

Jan

17,100

26%

25

.

Preferred

American

Jan

15%

1'/«
A /f*

14%

100

.

Laundry Mach
American Light & Trac common
6%
preferred,-.—
American Mfg Co common

American

15%

310

18,700

41 ¥2

1

•

American

American

5

i»i

10

common

Rubber

l7/a

39'%

l

General

American Hard

1%

39%

Corp common™10c
$2 convertible preferred—
,1
82.50 convertible preferred
1

►

31%.7

37%

10

preferred

American

35%

30

10

Electric

&

350

33%

'

1%

Foreign Power warrants

American

4% %

class

non-voting—

American

34%
7

—1

——;

American

Class

—25

—

Apr

23

30%

IIlOO

common

Brown Ruboer Co

25

,

A

46

300

•

preferred
Mfg

Class

Jun

American Cities Power & Light-

50
50

9

.

Mar

8% May

75%

u

•

*

7%
Brillo

Mar

Sep

•+'

*

15% July
11% July

25

Wft

xoo

Brill

Feb

9

•

Bridgeport Oil Co

$6

Class

1

3%

JUimlt

Jan

600

7

6

72

'

•

HI

I_~i

Bridgeport Gas Light Co

Oct

Nov

4%

■'/

18%

Jan

6

83%

7%

1

Mfg

Jan

13%

100

750

27%

1

a

Apr
115% July

104

104

27%

128

Jan

10

—

100

.

common,

104% Aug106%

90

'

83%

—1

__

Board

Central

'

85%

-100

Book
Box

10

*
_

1,400

111%

18%

*

common,

American Beverage common
American

110

1,550

104% 108

111

*

Mfg

common

preferred

American

106

-100

Aluminum

I__*
;

100

25

%~ft-''

—

Range Since January 1
Low

10%

6

„_I*

common

preferred

British

Aluminum Co

G

Shares

High

10%

•

1st preferred
2d

$5

Mar

29

Low

25
„_

for Week

of Prices

10%

•

1st preferred

Sales

Range

Sale Price

—

Oct

9
May
28% Mar

Week's

Last

13

(S) & Co

Borne Scrymser Co
Bourjois Inc

Jun

114%

Jan

4

■

•

pfd_.

(Mich)
_

Jan
Jan

110

--

1

common—

common

Bohack

3% July

35%

Jan

91%

.

Friday

Exchange
Nov.

Preferred

.,100

conv

7.

1%

Curb

Ended

Par

Blumenthal

v/

.

——

Investing $3
conv

Jan

114%

2%
90 Vo

9214

Feb
Jan

200

'ft" ft'

3
•

v

1%
1%

27%

3,000
'

ft—

—

Allied

Sep

% May
July

7

50

$7 preferred—

preferred

A

3%

G%

2

Allegheny Luiilum Steel—

Class

1,700

7'/a

10

Appliance,,

77c preferred
Alles & Fisher Inc

22%

July

4 Va

7

,,50c

Corp

Southern

Alabama Power Co

Oct

1

__

preferred

Alabama

$6

20

26

5
_

common

Convertible

Feb

17

50

York

Week

High

3%

Ainsworth
Air

Low

23%

year.

STOCKS
New

Range Since January 1

ft.-»

„

Exchange for the week beginning on Saturday,
entirely from the daily reports of the Curb
Exchange itself, and Is intended

Sales
Shares

Hwh

23

1

B

Aircraft

Low

It is compiled

for Week

Range
of Prices

Sale Price

1943).

bond, in which any dealings;have occurred during the current

or

Week's

Friday

Exchange
Nov.

(Nov. 12,

the New York Curb

on

67
121

Jan

Jun

July
Jua

IIOV4

"4

"4

Jun

5

Jun

."

.

)

•

■

■

■

.

•,

■;

»

THE COMMERCIAL & FINANCIAL CHRONICLE

1962

Monday, November 15, 1943

NEW YORK CURB EXCHANGE
STOCKS

Last

of Prices

Sale Price

Low

Consolidated Mining & Smelt Ltd

5

Consolidated Retail Stores...

J

..

Steel

prior

Continental

—.1.16c

9

Jan

10%

Oct

3To

4,100

3% Aug

4%

Sep

9%

Nov

9*4

1,400

Jan

15*/a Mar

Jan

13

—

11%

2, OOp

8*4

Jan

15% Mar.

39

400

36%

Sep

41

6

300

4%

Jan

332

Jan

i

Jan

100

i'ti.

~VA

1*2

1*4

i

500

'is Apr
10%

Apr

'

Jun

2% May

84*4

T'4

IIZIIIIi

84%

2

20

2%
21%

150

25

26*4

5,500

Jan

2,600

20

79

,

90%

1 *

—

3*4 May

Jan

134

Jan

5%

(ord reg)—£1
26 "«

..—5

—

«u

Jan

15%

26*4 July

$7

Jan

9

July

30%

Sep
10% July

2*4 Aug

%

9,200

aV Jan

1ft. Oct

3%

3%

100

1*8

Jan

4*4 July

314'

3*4

100

2%

Jan

4%

9*4

9*4

100

6% Mar

2

2*4

2,200

Brewing Co——

Crowley Milner & Co—-————"
Crown Cent Petrol (Md)—.—*—5
crown Cork International A—
.•
Crown Drug Co common
...——25c
convertible preferred,
—29

*
«.-«-*
*

—:—

preferred———.—

Sugar—

16*8

common————

Curtis

Lighting

9,100

11

Feb

22%

Jun

Gulf States

3%

100

Feb

3 *4

Ino common—.—2.50

Apr

9

Sep

3

Apr
July

Mar

1%

50

2%

2'%

1%

8

Mfg Co {Mo)—.——

7%

1st

preferred....
Paper1

—

10

Jun

Jan

8*4

Jan

43*4

Jan

Jan

Sep
Sep

.112
.

Sep

100

Nov

Jan

11*4

Jan

52%

Feb

10%
13

May

12%

Apr
Jan.;.

18%

26%

Jan

40

Apr
July

5%

Jan

12%

4%
45
400

4*4
11

v
15

300

101*4

100

100

3,200

~8

8,

;;' —:-"y

Nov

Out

Sep

150

.

96

Jan

Jun

108

Mar

.

"Ya

.

Jan

&

1,600

v

*4 May

31

33%

July
1% Jan

—

Oct

4*4 Aug;

27
•

29%

56

22%

Jan

31*4

Oct

3%

200

Feb

Jan

5%

Apr

3 *4

Jan

9

Oct

4"'a

300
600

325

67% Mar

.,4

v

.

.7%

BIT 4

u.

7

.

--

;

■

July

-•
•

—

85% July

50

127% Mar

650

27% Jan

36

Mar

.7',.

.7%

300

10

3%

3%

300

5% Jan
1% Jan

Apr
May
Sep

139%

139%
31 * 2
7%

...*

pfd

Utilities $5.50

July

112

.

—

stock..

common,

2*4 May
76

Jan.'

.31
ioo

125

.

"9%

;

,

32

111*4
115

10

102*4

115

,
■

3%

150

.

Aug

.

Apr

1*4

Non-voting

Great Northern

Jan

89%

I4 %

—.3

15%

Jan

110

:

Feb

*4

100

10%

5

Atlantic
Tobacco

A———————*
,-*
-10
—1

preferred—;
Gorham Mfg common.——
Grand Rapids Varnish:—;——
Gray Mfg Co.—
—1
Great Atlantic & Paoific Tea—
$3

6

Sep

..

.

Jan

3;%

Mfg Co—50

Gorliam Inc class

Mines

50

25%

100

,

X41'V

%

Consolidated

10*4

~"|H

common——*
preferred———————10,,

Cuban

9% Oct
2*4 Aug

Jan
Jan

~8

40

—

—1

Goldfield

—•
100
..25
Greenfield Tap & Die.L
—
*
Grocery Stores Products common—25c

U
19%

%

52%

300

--

15%: .'17 Vi

2 */«

Crystal Oil Refining
Cuba n

Sep

May

—

Goodman

-50

...

Nov

2

103%
8

•

B—

74*4

800

a

,73

—

.....—•

Class

1»

2

70

--

Co..——j
————*
Gladding McBean «fe Co
—,
Glen Alden Coal————————*

Jun

82

Jan

*4 May'

Gilchrist

Godchaux Sugars, class A—,—

High

Jan

30

480

—

common—

(AC)

.'74

73

73%

—

Preferred———;

Gilbert

Apr:

7% May

preferred..

Low

,

preferred——.————-—\-r\Y~2Georgia Power $6 preferred—
•
110
$5

Range Since January 1

61

$3

Nov

10%

Liquidating Co———

Curtis

101%

Jan

'

Petroleum common—
convertible preferred—
Courtaulds Ltd—

$6

76

8

5%

W

220

5%

—-l

preferred A.———

Croft

2% May

38 %

iv/r

.50

4

Reynolds—-

Cosden

C

Jan

5%

8*4

*4

—————

&

Creole Petroleum.,

1%

800

99% 101

99%

—-*

Inc

dep receipts

100

8%

9

Cornucopia Gold Mines——

American

T-%

pfd——100
General Public Service $6 preferred—*
General Rayon Co A stock
•
General Shareholdings Corp com
1
$6 convertible preferred—.—
*
General Tire & Rubber 6% pfd A—100
Gen Water Gas & Electric common—.1

Shares

High

Low

Far

Outdoor Adv 6%

General

of Prices

_

preferred—
——.100
Roll &-Steel.—.———1

prior preference—————-•
Copper Range Co—

$6

Jan

3*4

3%,

$3

,on

107

Jan

8'/»

Varnish Co
Cooper-Bessemer common—

Corox

7% July

Jan

~1%

Cook Paint &

cor?

3*4

■

Co..—
Continental Uas & Electric Co
Tf0

500

107

—10

Corp—

Consol Textile

—

6 %

Mar

41

Jan

Bales
for Week

Range

Last
Bale Price

12

VlVTTVTTVVT'iT

High

Low

31

—..>.100

8(.{> preferred————
Consolidated Royalty Oil—

Consolidated

Range Since January 1

125

32*2

5 %

6%

Shares

High

31%

Nov.

Ended

Week

Week's

Friday

v

New York

for Week

Range

Par

STOCKS
Curb Exchange

Sales

Week's

Friday

.

York Curb Exchange
Week Ended Nov. 12 -

New

40

140

July

4 %

107 *4 Mar

114

Jan

115% July
6 *4 Sep

Mar

preferred———

$6

—

Gypsum Lime St Alabastine—.—

-4
—

4% Mar

-

,

H
D
Hall

Z.

:

18%

50

15

34%

8%

1,800

*4

33%

.

22

14

v

17*4
22*4

-.8
Darby Petroleum common
—
•
Davenport Hosiery Mills..
;—.
1
Dayton Rubber Mfg.————

Jan

20

Oct

••■

—'•

150

•.

'i

,

:

Detroit

Mich Stove Co;: common-

Detroit Steel

Nov

Jun

1%

Jan

6 *4 Oct
4*4 Jun

72

1*4

Jan

5%

Npv

74**4

180

62%

Jan

79%

Jun

Jan

13

■'

Apr

in

■'

.1

,1

3!

1

10

j it

3

H

%

300

3*4

19

Mar

18

Jan

4% May

14*4

Jan

22

Sep

21% Sep
30% Mar

2

1,500

19

1% Mar

Jan

100

'

.10

_——

preferred..—————

7 'h

Co

10

class

A

com.

%

'

10% Mar

10% Mar

■

Bridge Co Ltd—

Dotninion

_«

Jan

9T«

9%

200

5%

Jan

5%

200

2

Jan

5*4

'•

H-.*

—

•■*

'

,

Driver

*

Oct

21%

Nov

•

'

Oct

..

'

;

—

-

25

72

3*4
2

10

■■

78

Aug

Jan

31%

Jun

66

'■

1%

9% July

Jan

Jan

76

Apr

50

3*4

-

1%
,

Duval Texas Sulphur————

:

8

56%
24

70

72

Duro Test Corp common—...—— ZZZi

100

7*4

70
Z. 7

class ;B common.

Hosiery

Jun

6% May

Jan

7*

Oct

7

M

•

~

7%

•

Duke Power Co—————Durham

21*2

—.

Dominion Steel & Coal B—-—i— -25

Corp..—.—
Karris Co..—J—.——

1

Va

2%

1'4

:7 -i ■•■*•'!

:■

—•

25%

25*2

3*4

Co

3*8

3*2

30

11%

■%

14

*

500

9%

800
200

2%

.

10

200

4

Jan

Jan

Mar

3

Jan

1%
8

100

1,500

July

ll7/« Apr

Herder's

11%

9%

Easr. Gas & Fuel Assoc common——*
4 *4 %

prior preferred————100
preferred—.——>——
100
Malleable

Eastern

States Corp—;

Iron...

*4

21%

preferred—-—,————*

eft

tirpfpnTd

Horn

(Geo A) & Co common——*
(A C) Co common———.——I

Horn & Hardart

9%

>1 '

Horn

Jan

26

30

175

Oil

10*4 Jari

100

31*4

1,050

Fibre

Corp——5
Co
——*
Huyler.'s common—.,——
—.—1

r/Z

,4

'

■

4%

2%

2,000

8*4

96,000

2

7

42

83%

6,900

43%

46%

500

_5Q

7*4

,26

4%

2,700

Jan

88*4
62

Feb

9

July

Jan
Jan

31

Sep

101

10

88

9*4 May

Feb

29

Mar

41%
9%

300

%

1*4
31*4

40,100
2,275

5%

2,100

41%

Nov

Nov

12% May

6*4 Jan

";4.

Oct

July
2% May

Jan

200

100

41%
9%

x29

5*4

: 100

28

6%

.4

lOo
I
1

28

»»

300

8%

82*4

Jan

7

100

1

Sep

9% May
Oct

Jan

100

—

444

14*2

Jan

1,700

8
;

Apr
6% Jun

Jan

79%

6*,4
77%

1

.4

42

Apr

78%

,

1% July

X29

4%

5

1

17

16

i'a

Jan

22*4
2*4

Jan
Jan

35

5%

Jun

25%

1 *4

preferred

1%

4

1%

..

Falstaff

Engine & Airplane—

Federal Compress & Warehouse
Fire

Association

Florida

Power

1%

1

Metallurgical———
.•
Mfg Co——
.——5

Fedders

6%

—1

Brewing——.—

Fansteel

Jan
Jan

34%

Sep

18%

Nov

-

7-

200

1*4

6% Nov

500

r! a

1%

1*4

4,300

May

13% Nov
24

1,100

5%

5*4

1,400

3%

Jan

29%

120

29%

Nov

57%

$7 preferred—*

Jan

250

81*4

Jan

101

102

Mar

Jan

300

15%

10

(Phila) —.——.10

& Light

3

J8n

13 *4

15*8
29%

Co...25

July

6*4 Jun
29%
70%

NOV

Oct

104*4 Aug

Ford Motor Co Ltd—
Am

dep

rets ord reg

Motor of

Ford

...£1

4

3*4

1,900

19%

20%

Distilling——

Froedtert Grain

Fuller (Geo A)

Jan

21%

Sep

Jan

22

Jun

3

& Malt common..

Co—.—

39

3%

15

50

'

convertible

Name

5%

11*4

Gatineau Power Co common—

preferred,

2*4 Jan

350

11% Mar

200

9

Jan

15

Mar

75

29

Jan

44

Apr

125

45

Jan

S4

July

ll

11*4
38

53%

56

56

*

20%

_

I"
~

*

•

._•

1%

„

68%

•

--

-

1%

dep rets ord

General Finance

W-

1

1,200

Zinc

Ireland

1,500

4%

3% Jan

Jun

9*4. Jun

10%

1
25

Jan

45%

5,300

3

Jan

10

Oct

16%

Apr

11%

950

3,500
1,200

'••'9*4

9%

300

11%

•42

..

:

'

42

6%1

•

3

Oct

20*4

Jan

48

Oct

10

shs—•

Products

—

Jan

2%

Jan

11*4 M a y

1%

Jan

Jan
Jan

69%

Feb

3*4

1,600
25

International Safety

—*
..._—•

Razor B

International Utility class A.
.

Class

B—

•

——

$1.75

preferred
———;—*
prior preferred———„.—*
Interstate Home Equipment
——1
Interstate Hosiery Mill's——
*
Interstate Power $7 preferred......—

3.800
5,500

14

7*8

900

•'■'■'

•-■'%
16
•

;

v:;Z

*4

3%

July

9%

Jan

Nov

16

Jan

2,750

?:;.'."i

TV

100

~6*4

600

•/5f Jun
21

Jan

7%

Oct

32

'

,

;

.

6

6*4

■

18 /

17%

,

18

150

45

Nov

3%

21%

Investors

Jan

1

Feb

24%

1*4

Jan

10'/a

*4

—

Jim

1% May

% Mar

1„100

21%

$3.50

Royalty——..——.......1
Iron Fireman Mfg voting trust ctfs.—*
Irving Air Chute—.———
.1
Italian Superpower, A—.———,—•

21

Jan

'

; 19%

.

21*4 July

Jan

6*4

200

2.500

16

i3o

,

21*2

i'J

14%

•"'••■'•

a
I (i

IS.:

10% July

Jan

■13

200

May

Nov

6%

7%
18*2

7%

5

14% July

8*4 Jan

18*8

6%

-10

—

...

12*4

*4

157«

900

17*%

6T4

18%

Sep

800

1,100

18

———

coupon

AUg

112
45 %

13%

•13%

shares—.

24

,

Jan

Feb

International Minerals and Chemicals-

Petroleum

Jan

91
20

900

15'

3

>■;'■'

Industries A——*

Jan

7%

14*4

Meta!

9 %

15*4 July
10% July

1% July
38*4 July
87*4 'Sin*
16*4 Jun

•83%

81

7%

15*4 July

Jan

225

26

14%

International

■

1%

1

23 '

23%
81

International

7% July

Jan

9%

10

190

41%

39

41%

of North America.—10

^50
Industries Inc.———1

Oct

20

110%

109

Cigar Machine—

Co

9% Jun

lGT'a

12*4
11%

11
'

International Hydro ElectricPreferred $3.50 series——

International

.

5*4 Mar

*4

11%

11 Til

preferred—100
.1
preferred.—'———.——>..100

Insurance

Sep

300

1,600

8%

————...——£1

—

5

Jan

4*^8

43*4

7%

10%

'

Industrial. Finance v t c common
7 Yo

%■*■/!

••3%
-

7%'

Co..-.-—-—--——*

Sep

Feb

700

7%

21

Jan

3%

1,800

,3*4

43a

5,900

2%
1

10%

Jan

*4

8

1%

1*4

Co.————1

3%

3*4

—i

4%

3%

Aug
Jan.
Juu
Oct

is July

14%. Jan

3,400

8

1%

Jacobs Aircraft Engine
(FL»
Co.—

Jacobs

Jeannctte Glass Co..—

common—

l

footnotes

preferred
see

—

page




bIII
1965.

•

•

3

__

IIIIlO

Fireproofing commonllI
& Elec $6

2%

Jan

preferred.—.^,—
100
preferred——....
—JL—100

July

Apr

2

Jun

Jun

3*4

' '

9T4
2

500

Jan
Jan

■

...

14
—

14
,

113

.

■14%'
113

200

50

7*4 Feb

X13 %
90

Sep
Apr

.

13T4 Sep

4*4 May
8% July
16%
116

Apr
Nov

300

Oct

6

July

Jan

6%

Jan

•

2% Jun

66

.

Jun

89

Aug

97

Jitn

Aug

69*4
100

18

Jan

100

10

79

Jan'

102%

Oct

18

25

13% Jan,

19%

Sep

K

July

1% May

2

2

_•

—

'

Jersey Central Pwr &Lt 5*4% pfd—100

Kansas Gas & Elec

Kennedy's

7!^ prefefred—.100

Inc..

Ken-Rad Tube &

n

preferred series A

For

Jan

41%

3%

Indianapolis P & L 5*4% preferred.100
Indiana Service 6'4 preferred.—100
7 %

*

43*4

50

preferred

82% July

Jan

% Jan

—
.

'...:

reg

Corp

10

774 Mar

-

—

IIIIIIIloo

—

Gen Electric Co Ltd—

las

2
Apr
22% Jun

-

Jan

Aug
4% Mar

2,000

38

_•

preferred.——.100

Gellman Mfg Co common
General Alloys Co

Gen

*8

1

Julian & Kokenge Co.——_———.*

5%

Jan
8

Co

imperial Chemical IndustriesAm dep rets regis—
£1
Imperial Oil (Can) coupon..———♦
Registered
-*:
Imperial Tobacco of Canada.———5
Imperial Tobacco of Great Britain &

7 Yo

General

Oct

8*4 July

changed to

conv

Illinois

6 %

Amer

,

5*4 Mar

Oct

42

Mar

4*8

Wa¬ 18*5

.1
.1

—

39

3%

'

5%

83

Jan

5%

Jun

1*4 Mar
39

1

$3 conv stock——;

4,%

v

of France—

dep rets bearer———————
(Peter) Brewing Co———9
Co

May

15%

1,000

Amer

Fox

Franklin

Jan

16%

•

voting

Ford Motor

6

Canada;—

Class A non-voting———
Class B

4

50

Apr

115*4 Aug
20% Jun

Jaa

-

Mar

27%

3

2,300

13

7*4
;♦

'

8

-5

10% Mar

,

Jan

?%

13

15Vo

60

1,300
1,400

1

Illinois Power Co common—

International
Fairchild

4*4 Aug
105

'

Warrants

...—1

Mar

108% Apr
14% Jan

634

19

T—1

—

Securities

Power

Iowa

Registered
Aviation—

34

23*4 Feb

3.100

77
•

3%'
6

I
Illinois

International

Falrchild

Jun

Jan

100

17%

•74%

Ligonier

Apr

July

July
29% July

Jan

43

6%

79%

25

103 *4 Mar

17%
'77

& Refining——

Hummel-Ross

1*4 May

*4 Jan
10*4 Jan

200

12

Electrographic Corp—...
A
Elgin National Watch Co—,—
..15
Emerson Electric Mfg—----------—4
Empire District Electric 6% pfd
100
Empire Power participating stock—*
Emsco Derrick & Equipment—
5

Inc common

20

—

45*2

Everslia rp

25

38

4*4

11% Sep

Nov

6%

225

26

25%

100
5

preferred—
——
Hubbcll (Harvey) Inc^__—

Hussmann

■'

*

Hardart———

&

f>%

Humble

Jan

16

38% Jun

22%

35%

Light 2d pfd A—.*
warrants———
—

Esquire Ino———————
Eureka Pipe Line common

Jun
Jun

32*4 July

3*4 May

■•7_: /■

Baking Co—.—*

Dividend urrear .ctfs—————

^

Electric Power &

59%

Jan

m

:

21 *4

$5

Jan

450

19%

59

21%

22

42

24%

24%

$6

Equity Corp common
$3 convertible preferred

15%
24%

2% May

Jan

-

800

350

33%

32%

$7

Option

Jan

15% Jan

13*4 May

7% Jan

4,500

1%

58%
31

———•

preferred series A
————*
preferred series B————•
Eastern Sugar Associates-—
$5 preferred v t c———'——;——1
Easy Washing Machine B—
Economy Grocery Stores——
—•
Electric Bond & Share common—_._5

11*4

1%

58*4

25

—

Jun

May

11%
21

Hormel

Hygrade Food ProdudiS-i——
—.——10

Eastern

4

27*4 July
14% July

Inc—.——

'

8 Ve

9

Jan

Jan

29%

Vv

9%

Hollinger Consolidated G M—
.5
Holophane Co commoh———*

1st

Picher Lead

July

7% -Apr

11% May
11% May

Jan

6

1,300

23%

1614

21%

4% May
46

22*4 Jan

100

23

22%

14

2.50
—10

May
*33% May
.

Jan

9

100
150

21 Yr

14

—-5

Heyden Chemical common
(R) & Co class A—

Hyctro-Eiectric

Eagle

6*4

Nov

27

Jan

7*4

Hewitt Rubber common..—

Hoe

6

Jan

1% Jan

200

87«

'

t>

——25
Henry Holt & Co participating A—
«-

—

May

4*4 Jan

100

27%

8T

common—™

2

31

3,600

:

9*4

107iil

10%

———

7

X6%
9 %v

May

19*4 Jan

1,500

40%

6%

Mining Co
—25c,
Helena
Rubenstein—J——————*
Class A

400

40ai

Hecia

Preijerred

.

Jun

50

3%

700
200

4:*8
28%

Heller

July

25

Jan

i,i Jim
1*4 Aug

3,000

2%

2*2

'

4*2

Corp—

7

Jan

17*4 Feb
42

.

3%

12%

Jun

700

12

'

Draper

6%

4V«

250

.

9

5*4

12

'

.

100

4T»

,

common——... ...1

Industries

Domestic

4

,

common—. —1

Truck

Dobeckmun

'-

—^

#

Diamond Shoe common...—

Divco-Twirx

;

800

19%

19'44

Dept Stores common—,——5
convertible preferred.;
.——50

Heam

Apr

19%

X8%

—

6

5'2

.—4

Co.

4%

Hazeltine

Mar

9,300

;■

1

Feb

5%

■

Products—.——— —10

De Vilbiss Co common

July

111

Jan

50
110

'•*

70

73

'

Gray Iron Foundry...—.

34*4

Jan

;3%

4

preferred————

Detroit

Jun

24%

20

61
'

,

5*4

■

convertible

6%

61

'•

'

•

•

"*•
preferred.——>—
Detroit Gasket & Mfg.——... —Zi
A

19%

'

debenture—— .100

Derby Oil & Refining Corp com...

Jan

80

3

2 To

3

preferred.—————50

$6 prior

Nov

700

'

1
Dejay Stores—
——
Dennison Mfg class A common—.. —5

8%

11%

22 *4

■:._

33%

convertible—i. —35

Class A

•

Jan

5
Hammermili Paper.—.———10
Hartford Electric Light———-—25
Hartford Rayon voting trust ctfs
1
Harvard Brewing C04———.-1
Hat Corp of America B non-vot com—1
Lamp

i5

—

•121

121-"

10

93i

100

115% Jan

Lamp A——...*

..100
1
.J

Oct

14%

Apr

Sep

5%

Sep

45

July

55

32

Jan

,41

....

preferred D...^—..—
Kingston Products.—,.;
Kirby Petroleum

May

9%

Jaa
•

Key Co common———
Kings Co Lighting 7 Yc pfd B—n.._101)
5%

123

Jan

5%

'"

6*4
5 %

9%

•2%'
"3%

•2%

1,300

4

1;600

1% Jan
1 54

iIh.Y1

4

Oct

Oct

Jun

5% July

Volume

THE COMMERCIAL & FINANCIAL CHRONICLE

Number

'

STOCKS
New

York

Week

Curb

Friday

Nov.

Ended

Week's

Last

Exchange

Range
of PrJce3

Sale Price

J,'i

Low

Par

Klrkland Lake G M Co Ltd
Klein

(D

Kleinert

Emil)
(I B)

Co

Low

KHigh

15%

■_i.

10;

Nebraska Power 7%
Nehl Corp 1st pfd

Oct

Feb

10

Feb
Jan

69 *

1st preferred,.
100
special preferred———10
Brewing Co———..
1

100

13 /%/

13

7%

Va

8

'

85

July

4;Va

Sale Price

8%

;

(Herman)

preferred

Haven

Lake Shore

J)

Mines Ltd

1

Lakey Foundry & Machine
Lamson

31

30

11%
2%V

12%

11%

'

4.300

8%

preferred

Tel

Clock Co

1

-

14%

Jan

2.

Jan
Oct

6

100;

Feb

105

10

97ii

4%

Y

&

11%

Jan

Class

B

class A—*

N

Jun

Realty common
preferred
Lehigh Coal & Navigation

%
'

l'b

•

~7%

'

8%

Oil

Development

Le Tourneau

(R G>

25

.

Inc

Material Co

Lipton
Lit

Brothers

i

Y Power &

preferred class A____
preferred class B
Land

Louisiana

&

10%

600

7J/2

Jan

12%

100

17?%

Jan

24%

•1%

1,200

Oct

18%

50

4
12j%

Jan

16%

•

Va

3,900

ft1' 't

Jan

9%

Apr

1%

3,500

u

Jan

8

i
51

52 V

1

350

100

49%

48%

50%

1,776

1

6%

6 Va

6Tb

7,600

Exploration

•

Lynch

5

common

I

—

24 '/a

5%

Oct

9 Va July
110
Aug
\

Jan
Jan

18?/

Apr
Aug

52 %

Jan

103]

300

20

2%
55

2lf/2 Jan
20j
Jan

50

108 Va 108%

,

,

Jun

:/ k

1%

29 Va

May

2d

$5

convertible

preferred

munication

6%

20

20

20

Jan

111

100

5

2.100

4%

——*

61 b
.

341 / '

—...

#

'

,

9%

44

Jan

8%

Jun

Jan

12$
2?

2,600

Jan

'

1,500

,

X98%

:x98% 110
1%

Jan

Jan

8%

Apr

1 Va

.

Noma

•'

•

350

Jan

112 Vis

2%

ll

...

.{
"

ii

B common..

6'.. "

7%

....1

6%

/:!

1%

\

.

7Va

1%

1%

8Va

8%
..

8%

.V; 9

■.

Oil

Midwest

Piping

Mid-West

Co..

18%
.1%

Minnesota Mining

'

&

1,500

,

'50

2V4

l4

.

100

1%

Power common

100

Rayon class A

A——

9 Tb

2'A

2%

.w.s.1

Dakota Utilities

3

1%
171

I5P4

7,000 V

Is#

500

173

'

230

:

Jun

Feb

July

Producers..——.

Mountain

Ststes

Mountain

States Tel & Tel—

28%

28

6%

—10

1,600
900

G

x5%

.—100

-2%

common

11%
.

ii%

5%

5%
59...

Jan

preferred 2——:___25
Candy Co—:
—•
City Lines common
50c
convertible preferred
50

National

6

National

Power &

...

common

Ohio

Brass Co

Ohio

Edison

Ohio

Mar

2% July
'2Va Sep

National

National

National

Aug
8V4 July

13

Nov

Oct

July

For

Sugar Refining:
5V2% preferred—.;

11%

4%

101

page

Va May
98

29%

400

29

100

22%

Sep
s

Jan

34

July

23%

Jan

34

Ju'.y

51%

Feb

53

Mar

500

% Feb

1%

Apr

4

Feb

6

Jun

82

Jail

104

Aug

102% Mar

1.03

103

103

111

Oct

a

% May

10

*"E% ~6%

1,600

4%

Jan

23%

100

16%

Jan

3%

23%

27% May

Oilstocks

•

..30c

19G5,




Ltd

conv

1%

10 Va

.

4-'

Jun

,

'ii% May

/ 8

Nov

180

Jun

33 %

Oct-

Jan v

;.A

'

.If4

Jan
4(7a Jan
/•'li% Jan
112% Jan

Jan

91

__

common
common

Jun

May

117%

109% 109%

5%

115Va

Jan

118

Oct

103% Mar

25

Jan

107

-40

106

112

July

Nov

Jun

•'

*

300

x5%

Oct

15%

18

/

.

50

5%
18%

GOO

16% Aug

19%

51

15

prior preferred

5'Tb
22 %

Jan

106%

.117

Oliver United Filters B

;•

...

52

350

48

Jan

70

110

Feb

llSVa 115%

Overseas

'
/'

Oct

Apr
55% July

Securities

'

.

_

7%.;':;

7%

'

„

117

May

7.
:3%

_

50

1

Jun

8

Feb

Jan

8

Jun

3%

„

1

Pacific

Can

Co

common

Pacific Gas & Elcc 6%
5 % %
1st preferred

•

1st pfd

Jan

7% "Jun

Pacific Lighting S5 preferred
Pacific Power & Light 7#
Public

$1.30

1st

preferred..

10

A

102%
731

Jan

98%

I-'

'•3%

Jan

5%

15%

7%

Feb

19% Aug

72 3/i

Jan

86

34,900

3,% Jan
;

19% July

300

'9%

Jan

34%

50

28%

Jan

xi%

"5

62%

62%

25

"%
♦

"%

200"

103

102% 103%

160

76

161

161

163

150

150

62

62

63

1,000

20,000

,

44

Peppered

Co

Mfg

Jan

65

-39

33% July

% 6%

Apr

20

Aug

132

•»/:• Jan

115%

115

115%

% Mar
2% Jun

1

x6%

x6%

500

*

3%

8%

Oct

.15%

104

•

Pharis Tire & Rubber

600

common.

Phillips

Packing

Securities

Pierce

Governor

Pioneer

Gold

Pitney-Bowes
Pitts Bess

Jan

Sep
1% Apr

105

Sep
Sep
July

100

173

%

July
July
125
Sep
34 V* Sep

4

Jan

7 %

5

,

Jan

9% July

31%

Feb

21sa

24

9,400

8%

Jan

30

9%

10

200

8%

Jan

13 Va

•

Ltd

Postage

6%

23%

1

Meter

RR

1Tb

17»

0

7%

•
;

7%

900

7%

4 % Jan

;

1%

2,700

Jan

Oct

July

34

6%

3

G'/b

Jun

3

69

•

common

E

Jan
Jan

21%

25

common...

Mines

& L

pfd

Co

Jan

51%

150

Perfect Circle Co..

Philadelphia Co

Jan

74% Jan

«

100

Sep
Sep

Jan

...2.50

Power Co

Oct

Apr

Jan

20

Co,

Penn Water &

Aug

5%

%

,

Penn Traffic

37
36

32%

27%

*

50

Jan

30% Aug
3% Jan

_•

$7 preferred

Mfg Co
Sugar Prop common

Nov

16%

25

6214

Oct

Apr

26%

28

;

July

9%

14Ip Jan

100

16

%

Oct

Sep
Sep

6%

34%
x4

110

Sep

20'%

•

1

Salt

6

26%

•

...

Jan

14 % Sep
36% July
33 % July

50

04

6%

]

...

common

$2.80 scries prclerred
Penn Gas & Elec class A com..

Penn

Jan

1

Mills......';..

Light
preferred..

Jan

82

7%

Pennsylvania Edison Co $5 series pfd.*

$6

Jan

28%

1

•

....

Pennroad Corp common

Penn

i8Tb
3l:

300

108% 108%

...—10

Power &

100

1,600

32%

•

Motors Corp

preferred

12%
35%

•

Parkersburg Rig & Reel/.

$1.40

;

100

Service

Page-Hersey Tubes common...
Pautepec Oil of Venezuela Am shs
Paramount

%

*

pfd

Pacific

12'%
35

35 %

32%

25

...25

Sep

2% Mar

,

9Yb

Jun

July

2%

Jun

Sep

6

Jan

7%

Jun

38

Jan

42 %

Jun

600

50

Jun
14% Mar

Pittsburgh & Lake Erie

50

60

58 Va

61

890

47%

Jan

65 Va July

10%

Pittsburgh
Pittsburgh

Metallurgical

10

11

11

11

10 Va

Jan

14%

Plate Glass
Pleasant Valley Wine Co

50

25

94%

92

84%

Jan

98

■

57

Jan

Jan
Jan

U

Apr

69% Mar

May

15%

Sep

2/

Jun

28% Nov

Nov

35

1^

Mar

40

Sep

13%

Inc

50

1,200

1(1%

Nov

100

44%

Feb

54

11%

13,700
200

common

Scale

common

7%

700

10%

8fya Jan

TVs Mar

12

4%

Nov

July
Apr

Sep

700

102

July

Jan

8

Sep

<4% Jan

13

May

8|% Jan
3Tb

10%

11V4

17'/2

16%

18%

1,600

12%

12%

200

1 %

1%

1,800

1%

2%

2%

1,400

j?

:

900

300

2%

Jan

14 Vb

14%

200

8%

Jan

14

"

14

10

/'%_

—25c

-

'2

1%

16 %

9

Powdrell

Alexander

*

Premier Gold

Mining

1

Prentice-Hall

Inc

12% Mar¬

100

t's

•

•

2 %

28,600

10%

4,800

6%

600

5%

5

Power Corp of Canada
Pratt & Lambert Co

-

6'4

5

k

1,400

3%

•

•

-

95%

3%

•
'r

7,50

P£trero Sugar common

Pressed

Metals

l4%

Nov
S|Va Jan
1'

1

Hi

Jan

12%

Nov

21

May
8% Apr
Apr

Jan

13%

Oct

2%

Feb

4%

Apr

% Jan

common

of

America

5%

25

;

50

19

25 Vb

•

251:,

Jan

7/ 334 Feb

Jun
Oct

4%

Jun

14% Nov
15

-

Sep

2%

Nov

10%

Oct

4%

Corp of Nevada
Prosperity Co class B

6%
7 %

of

;

15

'

1

4,100

Jar>

7

Apr

5%

Jan

x9

Jun

Jan

30% July

:

.

%

Jan

34

ft"
1 G

"""%

""

Jan

;
—

1

"

Gas

Public Service

15;
•

,_1

Producers

Providence
190

l

Aug

35%

10%

1%

Jan

17%

250

Jan

19,200

100% 101
.

2%

350

__

__

5

2,300

20

19

;

100

preferred

$5%

3%

104% 10G

105

1st pfd—100
100

Oklahoma Natural Gas
S3

3Tb
19 %

•

Apr

10
_•

Radio...
see

July

1% May
4% Jun

#/a

4T4

.

7%

12.50

Tunnel & Mines

footnotes

Jan

Apr

9%

Jan

52%

.

21% May
v

11%

.

10%

4%

t

Tea

Union

Jan

ali

475

12%

IGA4

20

49% .50

•

Ltd

National Transit.

National

3%

24,200

27%

Aug

35«

35%

11%

_•

Car

100

%
89

29

♦

common

Ohio Public Service 7%
6% 1st preferred

Jun

13

Apr

29?

11%

National Refining common
National Rubber Machinery

B

Polaris Mining Co

*.

pfd—.1—*

Steel

27%.

__4

class

$6

preferred
Power 4%% preferred

Pneumatic

_•

Light $6

National

.4%

%

Jan

150

/

59

•

l'/j.

._

Mfg & Stores

%

1%

86

25

common

Telephone

.112

'..Ifa Mar /
•f ii Jan

1G31
1(1

10^

Bellas Hess common..—1.
Breweries common
•

National

National

2,9uu

Jan
8% May

Feb

V.

u May
6% May
104% Oct

200

11%

_*

—

National Fuel Gas

Jan

8%

lx\

•

Plymouth

N

$J

83% July
76% July

o
Ogden Corp

Plough

l'o

91

8,300

100

Peninsular

97 Va

ipa Jan

•••'••

preferred

National

80

10

Jan

4%

pfd.100

Corp

Patchogue

'

125

1%

common—I.—*

Muskegon Piston Ring

National

Jan

Jan

iV Sep

5

preferred

Novadel-Agene

Phoenix

1"«

Murray Ohio Mfg Col

Nachman-Sprlrigfilled

3%

42

Sep

58-% May
3-% Jun

50

Apr

—...

6%

3,400

•

RR Co

Phila Electric Power 5%

Moody Investors partic pfd..
——•
Mtge Bank of Col Am shs
Mountain City Copper common..
—DC

Muskogee Co

Jim

1/128

50

Utility Securities
Central Texas Oil
r

Apr

59 V4 Mar

Jan
Jan.

a

900:

.

-

Jan

3,900

16%

—...10

Ward - A—
Montreal Light Heat & Power.—..—*

Power

54

10

200

ft

♦

6% prior preferred

Penn

t|
9

15%

Montgomery

Mountain

GOO

_4%. ~5

87

•

common

2%

19

Jun

£r/a

common—2—1

Monroe Loan Society
Montana

Jan

Oct

111%

}

8%

Jan

'

Pictures

1%

(58%

1
•

35 %

.

i\

lf/i Jnn
l| Apr

550

:ii

21

Nov

Jan

IoJtV
9%

9%

GjVa Jan

..*

15

Apr

9% Oct

Jan;

9a

...—.—1

2

15fb Jan"

800

pfd—..100

Corp.

.

..." Mar"-

2-f%

1,200
:v

8 ',4

1%
52

Monarch Machine Tool.—

Monogram

Jan

777«

1

North American
B

•1

May

Sep
Jan

103 Va 104

5

23

14%
36%

1/64

9%

July

102%

39,400

10

103

50

08%

4%

Feb

110

2%

75

'112%

700

2%

~2 %
76 "

*

preferred

Class

15%
49%

13% July

Jan

95%

1

Parker Pen Co

Mock Jud Voehrlnger common——2.50

Molybdenum

Jan

Jan
0.

••350/

l*/4

50%'. 5214

—•

common

6%

1% May

'

Jan
1

pfd—.100

Mississippi River Power 6%

a

•

'

2%

Mfg.:—...——•

Missouri Public Service

7% Mar

6% July
8:! t Sep

50

xgiv 16,
—1

Light 7%

Sep

% Mar

x3

1,900
8,600

:

24%
.

x7%

Supply..—

Mining Corp of Canada

5 %

1,300

;

20

22%

1..10

...

v

i

v.i

50

Refineries

Minnesota Pvvr Si.

70

109% 109%

100

Electric

$6

Jan

Sep

111% July
% Mar

Apr

4

9.

22%

—

&

18

10% Mar

Jun

>.:

Jan

1,100

'

-•

common...—
*

40

Jan

200

5%

Midland Steel Products—

Midwest

200

3Ta July

Jan

'

preferred—*

Abrasive

21%

48%

5

Omar Inc

m-A %

1,200

...

5%

■

5 Va

Corp common——15

Oct

4 %

'X - 'v '* '

—10

$2 non-cum dividend shares

52

Jan

i

•

•

108

S+'t* v- r*-.

Class B vt C—

Mid-West

8% May
2,4 Tb May

Nov

Jan

98}/4

1Tb

28

Micromntic Hone Corp—...
—1
Middle States Petroleum class A v t c_l

Midvale C6

4% May

2% Jan

-V

Feb

warrants

North Amer Light &

May

.

1 Va Mar

—22.50.

———...

Sep
Jun

211

i——1

Michigan Steel Tube......
Michigan Sugar Co..—

4%

53

"50

6Va

5%

Corp....—
—25c
Participating preferred
—i—15
Metropolitan Edison $6 preferred
—•

Michigan Bumper Corp—

Xl50%

Jan

Jan

i'

1

—...

4% May
13 T a May

Jan

§

190

v* 44

Aug
6% May
Apr

1,800

'

3%.

3%

24

2

Textile

West

•'

v;/■■

Mar

Jan

—

Middle

4

300

"

141 Vk 148

"

.—___•

common—

Midland Oil Corp $2 conv

v-r

xll
109 %

Jun

500

2%

8%

3*'-m

Mcrritt

Chapman & Scott——
Warrants ■/—...a.
6 %c
A preferred—^...100

;

'

7

2%

5

—

♦

& Co„

Preferred

Feb

JUn

Jun

Jun

35

Jan

ji«

Memphis Natural Gas common.....—3

Metal

90

3?/< Jan

Ci—... 1

t

v

Dredging

Messabi Iron Co.

July

31

•V 2%

103%. 103%

Com¬

Xr.——•

Stores

4

Jan

28

'

Sep

Jan

McCord Radiator & Mfg B———•

Mercantile

Jan

57l

Shovel————if..—•

Johnson

Jun

•

Massey Harris common

Mead

68% Mar

Jan

Oct

9

—1*

Marine

Mass Utilities Association

McWilliams

2%

Ltd

Co

Steam

Jan

2£a

•

;

Co

Margay Oil Corp.
Marion

?/b

1

Co—

Mfg

International

Marconi

1.100

Jan

(The Bt

Consolidated

Mapes

Oct

1%

UJ "

1/64

Nineteen Hundred Corp B
Nipissing Mines

7%

1%

103%

100

Northern States Power class A

Manlschewltz

21%

102

100

Nor Indiana Public Service

m

;

Jan

-%%/■■

warrants

Class A preferred—
Niles-Bement-Pond

North Penn

M

Stores

Jan

200

•u

1

North American

Mangel

4Ta

13%
56%

1,300

■

21

•

preferred

Sep

110%

'

10

shares

18

300

Light 7% preferred—100

optional

Nov

Jan

';'—w

•

■'iv

preferred

A

Northern

Manati Sugar optional warrants...

5% May

53% July

6%

400

56':;

2%

10

Class B optional
Niagara Share class

2V2 May

f/a Jan

1st

Class

Oct

14%

X8

100

__

Jan

11% May

87%

'

preferred

5%

f

Oct

18J%
:

55

;

Shipbuilding Corp—

5%

Jun

24

1 %

~8%

10

18

k

N

32% July

14%

10

Louisiana Power & Light $6 pfd

Corp

2€%

10%

5

i

Long Island Lighting common
6%

100

;

A_—*

Lone Star Gas Corp new common

7%

27%

,

Jan

#4 Jan

24

•

Class

Chain

1

100

(5% .:.,7k"18%

?i

56

Y State Electric & Gas
$5.10 pfd.100
Y Water Service 6%
pfd...
100
Niagara Hudson Power common
10

Oct

9% May
% May

Y

Jun

25% Jan
9% Jan

1,435

ip

106

•

N

Nov

22

it

preferred—_25

common

Groceterias

Steel

Locke

2

Feb

13,700

27 Va

"**

5

(Thos Ji Inc 6%

Loblaw

%

%

k

1

•

Line

Mar

Jan

7,200

'

Leonard

J..- .f-'

1

Honduras Rosario

Founders

5% Mar

2;)'b Feb

•

...

N

Jun

12%

...1

Convertible

21

19% May

•

-—

Lefcourt

15%

4'

■

25

Merchandise

$6

Langendorf United Bakeries

:

•

City Omnibus warrants

Y

N

Apr

6

Oct
Jan

k
'

Nov

200

N

Mar

16

Oct

Sep

7 Va

300

...

Apr

Jan

High
26%
114

1%

'

47

15

10(5

•

common

Mexico & Arizona Land...

Y

~3%

200

:

:j

43
•

..100

Jersey Zinc

N

Jan
Feb

"•

46

*

New Process Co common....:
N Y Auctitn Co common

Jun

'700

2%

105

100

Lane Wells Co common—

39'A

Jan

105

2%

5
-

Lane Bryant 7%

20%

'540

3 Va

...1

of Delaware

Corp

f

30

—.100

__

7 V

6%

/ 6

:

—

New

(N

vV,

Low

104%

%

500

'

Nov

New Idea Inc

4%

7 Va
•

100

England Tel &

—

12%

'

New

RR

712

*

•—;
New

600

'

;

Range Since January 1

/"/'

26%

~4

•-.

^

——•

preferred

New

Lackawanna

5

...

:

% /'k'kr-:::/; /--nV'//;

•

Corp

Shares

inch

25
,.

preferred

$2

Low

100

Sales
for Week

of Prices

>

England Power Associates

6%

Se)>

14% May

Jan

Co

Nestle Le Mur Co class A
New

/

Week's
Range

Last

12

Neptune Meter class A

104-% Oct

12.V4 Mar

800

:

Oil

Nelson

9 Vs July

ffl",

(S H)

Kreuger

Jan

92

150

101% 103

100

convertible

Kress

Apr

k

Navarro

Oct

1G
12

4'Va

•

Koppers Co 6% preferred.—._
Kresge Dept Stores—

Nov,

Par

Sep

%

9Va
200

8%

8%

1

■

Friday

.

Exchange

Ended

High

Jan

Apr

13 Va

200

15%

10

York

Week

Range Since January 1

V2

•

common

Rubber Co

_S,T0CKS
Curb

New

Shares

1

Knott Corp common
Kobacker Stores Ine

4 Vo

Sales
for Week

Jan

3%

% Jan

3,200

AUg

7% July
Va May
8% July

4

Mar

7

Jun

100

104

Apr

107

.100

109

Apr

114% Aug

•
•

8

8

100

8% Mar

Colorado—

1st preferred
1st preferred

...

Puget Sound Power & LightCommon
$5

%V Sep
43

prior preferred
Puget Sound Pulp & Timber
Pyle-National Co common
Pyrene Manufacturing

10
•

•

9%
94

10
94 Va

22,300
250

11
--

.

8%

93

—

11

25
—

Nov
Nov

12%
120

Sep

AUg

Jan

13% Sep

8%

Jan

15

7%

F^b

7%

"

5

.10

87a
93

Sep

Jun

9V3 May

THE COMMERCIAL & FINANCIAL CHRONICLE

1964

Monday, November 15, 1943

NEW YORK CURB EXCHANGE
Friday

STOCKS

York

New

Nov.

of Prices

Sale Price
Last

Exchange

Curb

Ended

Week

12

Sales

Week's

Shares

Low

Par

Range Since January 1

New

for Week

Range

Low

High

High

Q
Co

Power

Quebec

84%

8414

20

70

20

92

146

Feb

156

Feb

13

151

151

.151

Jan

July

13

July

Mar

(Si

Sullivan
Sun

Last

12

Low

Shares

Co

Low

100

•

pfd—

'

19%

20

16%

16 %

17%

13

*
1

Ray Drug Co

12%

13

1,300

Jan

1%

Sep

11*4

123/a
13%

100 /

v

Jan

213/4

Jun

Jan

20*/a

Jun

Jan

13%

Oct

Jan

52 V2

Oct

500

7*4

50

class b com

High

'4

11%

*

conv

Range Since January t

High

50c

common

Superior Port Cement

43

*

12% Mar

15

Finch Oil Corp

Swan

of Prices

-8

Corp

Oil 5%%

Sales
for Week

Range

Sale Price

Machinery——

Sunray

Week's

Friday

Exchange
Nov.

/Iv*^.1V/.-; Par

(Hugo*

Stokely Foods Inc

84%

•
100
*

Curb

Ended

1:1.%%'!;'4'■

Stroock
—

York

Week

Stlnnes

Quaker Oats common..
6%
preferred-—

-.-t.

STOCKS

8% Mar

15

July

Sep

Sep
:o% July
i

R
1

V/4

20.500

f»

Jan

12

1214

350

7*4

Jan

*4

Jan

14*4

1514

400

13*4

Jan

19

Mar

46%

4614

20

46%

Nov

#51

Mar

9 '/a

101b

3,100

2 3/4

Jan

1*4

Radlo-Keith-Orpheum option warrants-

10
Railway & Utility Investment A
1
Rath Packing Co. common
10
Raymond Concrete Pile common—.—•
Voting

common

15 %

preferred
*
Manufacturing common—50c
Red Bank Oil Co
1
Reed Roller Bit Co
*
Reliance Eiectric & Engineering
5
Republic Aviation
1
Rice Stix Dry Goods
*
$3 convertible

Raytheon

2%

21*4'
10%

Jan

29*4 July
13% Apr

2%

Nov

5% May

7

Jan

200

*4

214

a4
1%

Jan

33

Jan

Russeks Fifth Ave.

Jan

108

Jan

17

7*8

Jan

12

Nov

23/8

ll//

,■

"4 %

11%

Jan

4

2*4

600

~6%

7

"7

Feb

19

Feb1;;

Apr

5*2

1%

T%

7%

Oct

Jan

3

500

4

Oct

Apr

Nov

5% Mar

3%

1,800

3

5%

71
22

3%

1,200

■/•/

3

"5%

1
-•
1

Jan

49*4

200

69

69

Tobacco

Jan

6*4 Mar

200

2*4 May

Jan

dep

Amer

7

—

6

•

61

19

/'■'7

,1.

1

Exports

4

4

rets ord

dep recs def

regis

■—

reg

h
•

Edison

b%

Jan

%

Jan

7.M'

4*4

43

3,400

•
■

"*/;I7

—

56

7

I

/;

Feb

6%

Jan

1%

Apr

8%

2%

Feb

Sep
Jun

62

'

Oct

July

22%

Jan

2%

Corp

Transwestern Oil Co

Tri-Continental

10

Chatillon

Class

15*4

1

convertible

July

53/a

Jun

7

7*4

~8

58%

62

.

62

I,-

109%
116

Jan

'

6%

Jan

J*

4%

1% July
8% July
10
Apr

Jan
Jan

r- 73

••

1%

Jan

I 1,100

6 3/4

Jan

10%

2%

'2%..;

1,100

2%

2 >4

1,100

3%

3%

600

Oct

-

1,200

10%

Feb

May

18

•/.

Jan

39

Oct

1

4

7% July

;

bJO

.

V

Jan

1%

:•

2,400

3%

*

Jun
Nov

Mar

7~

.

May

' 67

.

Mar

3,500

•

3

Jan

107

3.300

:

7«

11% Aug

102

3,600

16%
%

1

preferred

*7*

7-7 7,

7%

Corp..

A

3

H

15
.

7'-/

•

\

3

/■';.:%

-x*

Tung-Sol Lamp Works

53

I'

.''•-II':7:

3%

warrants

Trunz -Tnc.-————

■ :

-M —

"—I

1

Lux

—

'

880

-

1

Trans

V

LO CD

—-

__

100

...

v.

—

56

——'

'•

100

preferred

Tonopah Mining of Nevada

80c

.4%

114%

Jan

Jan

11,000

.

•

Jun

26% July
15% July

Mar

3%
17 %

;-'v

•

preferred..

Tubize

102

1,100

13
—•

'

*

20

'S 5*4

Jan

300

7%

iuy'-.

6%

1,300

a

20*4

jr.

1
•

Shipyards Corp

7%

17% Mar

7,900

Security Trust Co Ltd—

Amer

Toledo

3% Mai

700

13%

5

Stocks

Product

3,400

22*4

12

114% 114*4

-2

-—

Allied

4*4

21%

12%

pfd—. III160

common

Realty & Construction&

Tobacco

Todd

5% July
18*4 July

Jan

16

Co

Roofing Inc

Tishman
Tobacco

Mar

400

r4%

Light 1%

Oil & Land Co

Shovel

Nov

'

/,'•

2%

—

Aeronautical Co
Consolidated Petroleum—
Ryerson & Haynes common

Nov

4*4 July
% Apr

;

13

*

Ryan

1%

Sep

91%

—

Ryan

10%

Nov

900

1,300

20

Typewriter

Royalite Oil Co Ltd

Jan

3,000

14

Texas Power &
Texon

Tilo

300

9

common

4

21%

*;'
•

Technicolor Inc

Thew

4*8

1

Taggart Corp common
Tampa Electric Co common

14% July
3% Oct

75

2 %

1

Co

% Mar

5,200

3

.

5
—5

convertible preferred

$1.20

11 lit

2'/8
81a

—*

Pendleton Inc

Corp common——
Roosevelt Field Inc

Royal

Jun

14% July

*4 Jan

100

Cable

Petroleum

16,500

2314

ll1/2
,

1
1

pfd D

Rochester Gas & Elec 6%

Root

2214

3,4

v t c

Radiator

Rio Grande Vailey Gas Co

Roeser &

2%

warrants-——.

Richfield Oil Corp.

Richmond

2

22%

.

Rome

2*/a

& Light Securities

Railway

■

Oct

5% May
11%

Oct

U
Udylite Corp
St

St

$2

A

Regis

pref

conv

1%

Oil

Dome

Oct

1*2

Jan

Sanford

Mills

Oil

Co

Schiff

Co

common

(D

A)

Electric
Lace

Scranton

Steel

900

s

*2%

400

15%

$6

15%

15%

200

12*4

Union

Gas

of

Jun

Union

Investment

Oct

United

Aircraft

3% July

United

Chemicals

36

Aug

3% July

Jan

16% July

Jan

Oct:

18,100

%

Jan

2

48*4

700

22*4

Jan

54

27%

28

1,200

25*4

Jan

32

July

17%

27%

Jan

29

$3

Oct

Canada

*

53,8

1%

100

7)3.4

pfd

participating

5

Jan

July

6%
12

•

Stores

3% May

4% May

3

7*2,.

common———•

Cigar-Whelan

Jan
Feb

2,500

5%

8%

1

1*4

3

Jan

July

57% Jan
1% May

Jan

6.000

July

17

■f

Jan

%

23,500

l.i

7% July
14% May

Jan

57%
1%

._10c

3*4 May

Jan

2

3

*

common..,

Products..

A May

A Jan

United Gas Corp common
$7

1

preferred non-voting

Option

1,000

10%

Oct

Apr

44

480

60

9%

—

7*4

62

Jan

16%

warrants

$6

1st

1%

2%

.

*

;

117%

55*4

123

Jun

July
15 May

%

17,000

%

Jan

100

%

Jan

%

58%

6.400

21%

Jan

61 Va

29%

Feb

39

80

Feb

93

l'rt

—•

Jan

1,350
12,000

A

l<»

*

•

115

May

4%

Jan

%

■.

;

-••••••?

_•

%

23.900

16

Jan

117%

%

—

preferred

2%

116

—

Power common A
class B

Common

July

10

.*.

United Light &
55

60

•

3%

13

United Corp warrants
'United Elastic Corp—,

1st

•

,

common

&

cum

United

•

Brook Water Service-

Co

10c
Co

Sep

1%

—

25

preferred

1 Va

47

114

1

Corp..

4*4 May

Jan

%

Realization

Manufacturing

•11%

Jan

243/

—25

preferred

SB

13.*i

common

<

Scranton Spring

Scullin

1%

Ulen

Unexcelled

137

Jan

~2

•

—

common

preferred—

Manufacturing

Scranton

2*

„

5

Convertible

Scovill

11.800

Sep

16% July

Jan

10%

*

Savoy
Schulte

115

250

8%

95a

1

common

10,100

3*4
137

134

134

—.—1

United Corp

Samson

2%

2*4

5
100

Co„.

2%

Apr

13%

Paper common

preferred—

7%
Salt

*

5C

Corp Ltd

Lawrence
Class

_1

54*4

i*«

Jan

li May

y:

Jun

Oct

./••••- >'y i:"

Securities Corp General

1

Bros Inc—

Seeman

Segal Lock &

*

,

Hardware

Shoe

stock—

Jan

%

6

""%

5,500

6 *4

3,350

5%

25

67

.

Water & Power

%

May
72% July
73

800

•

~6%

200

2%

1,300

4

4%

Jun

pfd Beries AAA—

cum

Sherwin-Williams
Co

of

Canada

94

117

?—

117

U

S Foil

U

S

8*2 July

U S

4

Oct

$5 1st preferred with warrants
U S Radiator common
;

Jan

100

Apr

119*4

16%

Jun

r,

111%

10

U

S

Rubber

convertible

$3

preferred

Simplicity Pattern

l

Manufacturing Co
Singer Manufacturing Co Ltd—
Singer

Amer

dep rets ord

legis
Sioux City Gas & Elec 7%
Aircraft

Solar
Solar

South

Penn

Southwest
Southern

Spalding
1st

Jan

Jan

4% May

1%

Jan

6

2*4

2%

600

2%

Nov

700

37%

Jan

49*4

25

^or

71*4

II

72

30

129

129

2

May

Aug

72

Nov

10

Mar

129

Nov

63

115;
5*4

9 3/b
4 3/8

37

34

~~

r>

1

-t;I

pfd
:

3*8

9%

Jan

12.

1*4

Jan

5

18'.

Jan

37 "'

Nov

23

190

.

2,200
4%

i/s
2%

Jan

Jun

Jan

1,300

i

Apr

%
*4

3/4 May

Jan

2%

1

5% July
/

Jan

200
5

Jan

/

1,000

18% v

12%

300

Jan

1%

2%

Wall

Consolidated

Cooler class A

Oil

Aug

1% May

Jan

80%

Jun

300

1%

Jan

3%

Jun

1 %

Nov

2%

Feb

1%

%

A

*2

300

2%

2r!«

5,200

•

5/e Aug
3
Apr
13
Apr
/ 7% Jun

A "Jan
1%

Jan

11

10

Feb

4%

Feb

1

Fob

15

Jan

22

16

•

Class

B

Universal

Insurance

Universal

Pictures

common

Products

1

18

1

——

•/ 17

——

Co

•

Utah-Idhho Sugar

7%

100

8

—

Voting trust etfs
Universal

7%

•

;

100

18

17%

3,900

19%

19%

18

16*4

Aug

19 34

20%

100

2*4

3,600

2

45%

48%

1,800

42%

100

2

75%

200

49

Nov

21

Oct

3

Sep

3%

July

19% July

Feb

44%

M 2

2%

•

23/4 May

15% Aug
14% Jan

3%

...5

Utah Power & Light $7 preferred
Utah Radio Products
:

Utility

Equities

$5.50

*

1

May

stock

1

common

1

"7-

17*4
112

18

112

*4
54

25

*4

*4

7

2,800 %

Valspar Corp
$4

convertible

Venezuelan

*4
56

7*4

preferred

S

trust'ctfsll 1

pfd

<

7*4

700

Aircraft

3

Wagner Baking voting trust ctfs ext—•
7%
preferred.
100
Waitt

&

Bond

class A
„

_

Co

Mills

Wentworth
West

Va

Coal

&

Western

Grocer

Western

A May

Western Tablet &

Oct

il% July

600

A

Feb

34 May

1%

Jan

2% May

1%

A Jan
«

5

1,100

Westmoreland

43*4

100

Westmoreland

1

com

;

Weyenberg Shoe Mfg
River Oil Corp
(R C) & Co

56*4 Aug
13%

Oct

Willson

Jan

5%

Oct

Wisconsin

Power

Sep

Wolverine

Portland

Oct

Woodley

Feb

44

Jan

12

II

Jan

4

900

1*4

Jan

1*4

,

6%

3*4

1

400 '

1*4

900

7

7%'

975

H Jan
2%

Jan

Jan

84

Nov

Jan

10

July

2%

3'4

Nov

44

July
Sep

.

12 % May
,

Williams

Oil-O-Matic
Products

'

1,600

5%

13

13
1

Feb

%

5*4 Mar
July
Apr
15% July
2% July
10 la

Apr

Apr

200

—

,

Feb

7%

100

1

13

*

90

A Jan

A May

11%

»

f7%

109%

:I

"3%

109% 109'%.-v

Jan

14% May

500

2%

Jan

4%

Oct

20

98%

Jan

110%

$ov

8%

7%

5%

Jan

9

2,300

7

'

Apr

—

"r

rTZr"

vfev

,

11%

C/l:

II

iultsM i
10. %. 67. A' rJan
14% Jan

'

95
19

.....

.

15

10

15%

■

71100'

*-6

300

9

300

9

9

100

2*4

300

1.1%

125

9

Jan

10

108

Jun

8%

—

■*

-v

15%

,5*8

-

Sep

May

<•

Sep
Jun

934

Jan

7% Mar

May

9"%

%:• Jan-•

8%

8*2

•

26

..21 /.July;;
*"Jal3wo Feb:.
.-j

•

Sep

%77"\

80

80

—

•

Apr
11% July
6*4

Jan

4

3.000

5 *2 -r'

5

5*4

1

1

284

♦
1

Light 7%

10%

pfd—100

10%
109

109

1%

Jan

Oct

9% July

Cement

Woolworth
American

6%

(F W)

Sep

3%

100

3%

Feb

4%

7%

10

~8

1

8%

500

4

Jan

8*4, July

Jun

8%

100

Ltd—

denosit

receipts

Preferred

Wright

4*4 Mar
12% July
110

3%

'

1% May

Nov

Heating

Inc

&

Petroleum

4% Nov
7%

-.v.'.'.

.

Jun

Jan

9%

300

10

Williams

July

9*4

8*4

20

Inc

2%
35

32

12

86%

1st pfd—100

Stationery

Coal

9

7%

43%

20

—

20

Maryland Ry 7%

54
150

I

.

A May
64

.

77/»

7

_3%

:

Co

Oct

Jan

1

cn

'

1% Nov

Jan
Jan

2%

120

-

5

Air Lines Inc

Western

Sep

300

4*4

—

__1.25

Coke

17%. Oct
114

Jan

1,600

80 %

78

5

West

78

12%

Sep

Jan

—1

Oct

1,

"*"%

76

7%

4,200

79

•

Class B

18%

Jan

Jan

•

Manufacturing
Texas Utility $6 preferred

1%

12%

100

Co

Knitting

6%

.

'v

3/4
18

150

10%

w
Waco

Wayne

16%

200

2*4 May

Jan
Jan

434

1,400
1

26%

9 :,/8

10*b

•

July

19%

.

& Jan*
& Jan

4.100 S
100

:

1*4

X2414

1

_

Virginia Public Service 7%
Vogt Manufacturing.

Mining

/a

•

1*4

1*4

5

Petroleum

Walker

6% May

Jan

12%
110

.

74 *'2

68% July
4% Jun

Jan

%

10c

common

priority

Wichita




%

Jan

60

,

Sep

1*4

1965.

2%

2:!«

:

2

Paper

Universal

May

1

Jan

I 13
17*4

IIIIIIIII

page

2%
1%

50c

Oct

20

I__j
ZZZ*
IIIIIII*
IIIIIIll

I

*4

900
400
100

July

4%

1.100

•

B

HI

,

•

Jan

Sep

6%

' *4
4%

—100

I

.

78

July

8% July
11

6% July

Apr
Jan

.2,200

37

I_1

commonlllUZIill*
see

Sep

9*4

*4

.

4]|

10

.

7"%"'

-•

6 %

Jan

Jan

V

7%

"9%

t

common

footnotes

United

•

Co

class

Co

•

I ~10

preferred

B)

32

34

,

Sterling Aluminum Products
Sterling Brewers Inc
Sterling IncShptForwj

Feb
Jan

300

■

preferred—_

2d

Aug

200

II

Sterchi Bros Stores
6% 1st

5%

33

1%

common

.

Sep

Nov

%

(Ky)

Co

44%

30*4

„

(The) Corp
voting
Steel Co of Canada
&

32

1*4

•

Starrett

(A)

29 %

1

Standard Silver Lead

Stein

Nov
Jan

29*4

5

(Ohio)— 5%

Tube

28%

A—25

& Bros

Products

Jun

40

80

29*4
28*4

Co

Preferred

Standard

42%

10

Standard. Power & Light
Common class B

Standard

42%

25

preferred

Oil

42%

600

Standard Dredging Corp common
•"
$1.60 convertible preferred
Oil

42

Iio

Standard Cap & Seal

Standard

41%

800

30%

Co

Brewing Co

Standard

41*4

Jan

29*4

Corp
Inc

Convertible

3%

2*4

"

class

4

3,400

Jun

3*4

2%

3

10

25

Power

Sep
July

Jun

Spanish & General Corp—
Amer dep rets crd bearer
Amer dep rets ord
regis

Standard

7

•

75

—•

common

4% July

preferred

Spencer Shoe

1

Sep

47

2%

400

6 %"

%
/.

Edison—

Phosphate
Line

Stahl-Meyer

July

2%

England Telephone—100

(AG)

106

800

2 34

_ioo

Royalty

Jan

96

2

Pipe

Southland

Mar

l

preferred

Southern

5

Apr

300

—

Southern

241

3,100

Pipe Line

New

Jan

1753/4

80

4%

preferred B
5%% preferred series C

Southern

27/a Aug

Jan

3*/a Mar

230 V4 136

232

1

25

6 %

7 %

1

100

3

common

Colorado

2%

2%

original preferred—

Southern

2%

Nov

28

21*4 May

100

4%

;

Oil

Pa

_L

27

_____1

Co
common

California

Oct

4% July
5% July

1

Coast Corp

26%

100

Corp

South

5%

pfd

•

Reclaiming

Universal

1

Manufacturing

15

£1

Co

Manufacturing

Sonotone
Soss

100

13% July

Mar

'

•

common

Jan

10 V«

200

:/7

5

5%

73*4

Sep

Jun

12*4
1314

.

5%

•

.

July

/

Feb
Jan

2%

7%

'

12%
'

-

Securities

Jun

63

4

50

1,200

69

5

common...

International

.

4%

71

:I>7

Jun

Aug
34

Jan

42%

5%
66 3/4

I

v.yi'.y.-ni'

1

Jan

and

7%,

260

Feb

A

1

Jan

Apr

69

25

Co class B

Graphite

July
July

4'/a

3% Mar

100

3*8.

250

10

;

-

83

200

*

•

common

Simmons-Boardman Publications—

:

12*4
94

10

92

3*«

77* I

Machinery common—25

Preferred

United Stores
Silex

—

2%

„

_100

Sharing

preferred
Shoe

3%

regis

5

,T

'

5%

10%
United

July
% May

A Jan
Sep

'

92

106

Jan

2%

/

25

common

•

25c

dep rets ord

United Specialties common

''

25

32

Ltd—

Profit

Jan

6*2

5

Sherwin-Williams

preferred

Co

N J RR & Canal Co

Amer

10

Jan

3%

•

*

Mining

Molasses

United

51%

3

participating

32'

United

52%

1

Seton Leather common

Denn

%

\

$3

United

•

1% May

Jan

200

69

1

*4

United Milk Products

9*4 Jun
17% May

100

69

69

Sentry Safety Control
Serrick Corp class B

m

Jan

%

5

;

$5.50 prior stock
certificates

Shawinig

Feb

Is
4*4

300

1

131/a Mar

1

common

Allotment

Shattuck

29%

6,100

2,400

%

•

«

„

•
Inc

3% July
46
July
1% July

Jan

7%

40

{

*4

•

Co

Selected Industries
Convertible

1

200

6%

40

1

Seiberling Rubber common—
Selby

2*4

,2*4

Hargreaves Ltd

——

M

8%

•

»

'm,*.

—

2%

2A

2%

6 3/4
5

'

_£i

5,200

2

10

Jun

Aug

5

Aug

Jan

4

Apr

Jan

Volume

158

A/1

Number 4229

THE COMMERCIAL & FINANCIAL CHRONICLE

NEW YORK CURB
IS O N D S

York

New

Week

Curb

Exchange
Nov.

Ended

Week's Range
or Friday's

Friday
Last

Interest

Low

:

High

■

Range Sinct

Sold

January
Low

No.

f

s

3'As

s

f

s

3%s

debs„

f

__1960

&

•

1970

Writing

Lt

deb

6s

J-3

107

Curb

Ended

Friday

Exchange
Nov.

Week's Range

Interest

Last

Period

Sale Price

12

or

Friday's

103%

M-S,;

Y

&

>1964
2004

5s

M-N

^4

1054

Appalachian

1970

Appalachian Pow deb 6s
Arkansas

Pr

Associated

Lt

&

Elec

J-D

2024

98 %

j.j

■

v-

108%

115'A

115%

'

..

84

127%

2

124

127'%

12

106

46%

77%

21%

6

14%

26

1st

deb

AConv

4'As

deb

_

80

■

AConv

deb

5'/aS A-

Atlantic City Eiec 3'As
Avery & Sons (B. F.)—

without

21%

23'%

45

13%

26..

21%

23%

107

13%

26

Park

22

21%

23%

101

12%

26

F-A

21%

23%

19

14

26

21%

84' %

M-S

1964

4107

M-S
J-D

1st

M

5s

O )-♦

84

27

1957

115%

J-D

1960

Steel

Ns

t

V

g.
1
:

.

6s

1998

6%s

.1962

G

M-S

1970

J-D

¥150

> q-F

Edison

2%s

Northern
El

Power

Gas

&

Central Power &

5s

1953

ctfs»._

5s

Service

5s.

;

8s—»—»«..

Gas

35 'A

'/as

66 %

?■

89

series

226

100

71'A
103 Va

103

7

J-D

96

94%

97 %

A-O

97%

95

97%

M-S

96

95

96

104 Va
101

89

,

98%

84%

404

&

L

5l/aS

1952

5'As

M-N

1949

El

series

Lt

&

Pr

100

300%

J-D

100%

98%

Sheridan
South

85

100%
101 Va

86

1951

N

mtge 3s ser

1st

ref

117

117

2

P_„__

J-D

¥109

117

110%

1969

mtge 2%s ser Q
Gas

117

1971

~

ref

Gen

M-N

20%

J-D

¥105

107%

—1976

A-O

1953

M-N

oonunental Gas & E)

—1958

F-A

Cuban

stmpd

5s>,

Tobacco 5s__.

Cudahy

1944

110

98%

M-S

.98
88

102%

90

Eastern Gas & Fuel 4s ser A

1956

M-S

92%

Light 5s„

2030

F-A

102%

1956

M-S

124%

124 % 124%

—1952

M-S

104%

Water

Finland

Service

Residential

6s-5s

S'As.L.;

Mtge

stamped

Florida

M-N

M-S

92%

California

Southern

California

Power

General

Pub

General

Rayon

J-D

J-J

*ldpn

AGobel

Trunk

oraau

Li#lit os

1978

90

79

93 '4

87%

102%

1

123%

.'24%

103

103

Great

Nor

Green

Mountain

M"-S

Power

5s

—1950

stpd

Pow

Guantananio

West

&

«

104%

100%,

6s

8

98%
83 %

F-A

J-D
J-J

1966

3-D

109%

109

Jan 1949

A-O

102

_Jan

1949

'

106

491%
65

.

A-O

$101

102%

90 Va

2

w

91.

109'%

102

108%

103

2

47

94%'

Rys

78

65

4

1

109%

106%
a

44

94

&

L

8s

.

109

111%

2

103

&

91

93

7

102'A

106%

32

138%

156

stamped

gold

Texas

Power

&

(Hugo)

6s

Twin

104%

105%

1

103%

106 '/a

104

104%

72

102%

105%

107%

9

106%

109 V3

103

106%

¥103% 105

"72%

69%

lien

1st

6s

&

104%

76%

&

107'A

79%

5

83%

86%

53

64'/a

87%

83%

84%

86

87

62

80%

23

65

83

86%

56

65%

84

87 »A

86%

27

65%

84%

87%

83

F-A

Va

86%

42

F-A

84

65%

84

87%

86

24

64'/a

27'A

87 %

26%

27%-

10

23%

32

J-J

20

20

21

2

12'A

32

20%

20%

1

107% 107-%

5

A-0

1960

J-J

5s

iy56

*,

m-n

5s

,

107%

107% 107%
¥116
117%
101% 102%

J-J

1979

::

F-A

>>1968

102

J-J

J

5%s

1952

:

108%

Power

J-D

1949

4s

J-D

96

108

4

5%s

108

103'A

107'A

109%

103

62

108

103%

103%

A

1952

F-A

116

Utah Power & Light Co- 1st lien & gen 4%s-.__

1944

F-A

¥98%

2022

m-n

■

109%
116

96'A

110% 110%

A-O

A-O

106

0

5

29

116

85

110'

96%
4

112%

96%

104'A

106'

109

116

117%-

11

102

63 series A

105 Vj

25

108%

8

96

310%

105'/a
111

108%

95%

13%
/

16

Co—
1959

Debenture

108%

96%

22

75%

106%

¥108% 108%
103% 104 %

52%

84

1946

Transit

N

cons

series

24

84%

Lt & Rys (Delaware) 5%s_1952
Light & Railways (Maine) —

United
United

72%

A-O

5s

3%s

Rapid

Light

105'A

100'/a

103'%

F-A

2022

Power

Electric

United

100%

v

1957

6s

A

City

97 »A

..1950

Light

Light

Edison

United

70

85%

18

131

70
4

J-D

1957

Service

&

Water

128
90

114 A

1966

1

stamped

series

Tide

97

108%

Industries—

Electee
Powei

79

16

1951
Dec

debentures

2nd

14

107

A-0

3d

7-4s

97

105% 105%

F-A

stampea_^>i.»»»>>»>1946
Certificates of deposit

102 %

__

110

1

Electric—

6s

7-4s

65

5

95%

106%

7

104%

J-J

1951

4s

Corp inc 5s
Stinnes (Hugo) Corp—

111

98 %
■

•

89%

112%

104%
104% 104%

100%

57

10

101% 102

1:108

93 %

00
'

101% 102

1958

B

series

98%

J-D

6s——

1971

AStarrett

98%
105

112

111

'

(Calif)—

6s

Toledo

83

J-J

91%
97

.

102%

102

98%

1960

ser A

47
:

'

101 'A

110'A
■

5

104

107%

102'/2

64

1945

:—

Houston Lt ft Pwr 3 V2s_

Hvgrade Food 6s

.

—1963

3%-

Store Products—

Grocery

6s

Standard

57

{<29

-

Gas

Debenture

107

97%

¥—

M-S

4s

P

Debenture

106 %

4

*; ;>>■

108

97%

77

103% 104%

A-0

(stamped)

Conv

104%

6

1:102% 104

J-D

J965

WesL

Gas

104 %

A-C

105

97 '

97%

J-D

4.>_.

Coal

(Adolf)

1970

May 1948
May 1948

63

99%

170

105

ill 70

88%

m-s

3'As

Gas

¥60

m-n

118,

W.
v;

i'127%

J-J

1965

1989

...

102% 103

J-3

1948

A.

1957

Standard

104% 104',4
103

A-O

1969
—1953

ser

4'/as series A——1941

Hi

Power

Otuigia

Olffi

A

6s

J-J

3s

Edison

Counties

mtge 3s
Southern Indiana

Stinnes
1966

5s

Co.

A-0

1947

123%

i 58

1954

33As

Serv

1970

5s

1st

Texas
Gatineau

Power

131%

51

104

>1961

Florida Pow & Lt 5s

A-0

100

Bank—

C_

ser

92%

1954

___

Co 4s

Power

5s

El -5s

District

Federal

RR

A-0

>1967

95%

M-S

M-S

79

110'A

115%

14
■

■

109'A

107'A
111

93%

110% 110%

F-A

101

107%

5 •

1

111%

39

7

.(

1

146% 147

J" D

1951

1970

.104% 104%

Emuire

&

Lt

1952

2022

5

102% 102%

&

Power

Water

96%

1951

Wyoming Coal 6s

Carolina

Southern

6s

Elmira

A-O

Southwestern

20

9

;

102% 103%

j-d

105'A

82%

108%

■

,

•

•

108% 108%

—

1952

101%

102% 103'/a

Electric

111

—

1979

A»»»^_

Southwestern Gas <to Elec 3'As

146

107

105

■••

99

¥93%

146%

121

99

105'/a

30 %
102%

5

$111 % 111%

m-n

~4

113%

101%

•

.

109

¥122% 123%
310

J-D

1955

33As

Packing

Jersey—

certificates

112%

"

5s

New

J-D

15

;

111

J-D

1949

Spalding (A Gj deb 5s

1954

—

Textile

1964

9

6

108

99

4-0

103%

(Bait City)—

mtge 4'As.

AConsolidated

m-n

103

106% 106%
'

-

m-s

105%

•

104 % 104%

104 %

J-3

—

111%
109

100%

.

115%

106%
'!

107'A
106%

108

115

Colorado—

Scullin Steel inc mtge 3s
Shawinigan Water & Pwr 4%s
1st 4 %s series D

99

50

of

series

83 %

126

100% 101'/a

101%

5%s

84%

(Bait)—

1st

Consolidated

1956

1959

Safe Harbor Water 4%s__
San Joaquin Lt & Pwr 6s B
ASchulte Real Estate 6s

4

.

J-J

10

110
107

Queens Borough Gas & Electric—

Southern

Connecticut Lt & Pr 7s A

v

E

4%s B

108

108

m-s

>..1950

196I

perpetual

43
'

P

Service

6%

46

100%

100

Public

101%

45%

¥104 % 106

1958

3 'As

5s

108

106

107'A

C'—,'

107%

115%

Co—

Sinking fund deb 4s___

46

13

¥102% 103
100

5s»_»».

Service

3-D
F-A

1962

F

(Can)

Public Service Co ol
1st mtge 3%s

99%

13

;

316

69 %

5s—_¥>—»»—>J 969

Gas

Coke

Echson

Corp

107%

100

Debenture

C'unsol

&

6s

¥107

--

v-'.-.

105%

A

105% 106

J.j

1972

5%s

stamped extended

Power

107%

105 %

3

35%

31

A-O

—1950

85%
105'A

'

Debenture

.

104%

12

99%

31

68%

M-S

1966

101%

¥100% 101

A-O

1»1955
Jan

33

F-A

»>>*1952
.

.

106%

105% 105%

32%

J-3

1927

109%

103%

26

102%

99%

M-S

—1953

Cincinnati St Ry 5'/aS A6s series B

Cities

A 5s

Potomac
4

102%
2

¥105% 106

J-3

,>1954

§ A Chicago Rys

102

105 %

P-A

.1948

O5'/28

deb

121

•

104'A 104%

102%

J-D

1969

ACentral States Electric 5s—

Conv

116%

117%

180

¥104% 109%

pi':

M-N

1964

3%s

Light 33As

Central States P ft L

Cities

Power

'

Boston

111

114%

1

'

120% 120%

A-0

1968

Elec

Philadelphia Rapid Transit

315% 116

M-N

•

Central

M-N

Philadelphia

1

103% 103%
37
38 -

„

105%

86

54'%

105%

v

1102% 103%

m-n

101%

"

1'

%•

108% 109%
¥107
107%

—

F-4

5s

105% 105%
108% 108%

105% 105%

.

J-J

1977

Portland

B

Birmingham Electric 4'As

Canada

109'%

99 %

v'

108%

A-O

F-A

—...........—>1979
Pennsylvania Water & Power 3%s_1964
3'As

92%

106%

109%

'

Bethlenem

F-A

1948

1970

C

Bickford's Inc

—

—

Power & Light 5s__»____1955
Lexington 1st mtge 3s
1964

1st

of Canada—

series

series

72%

31

86%

84%

:;.y

5s

A-O

4.0

Aug 1955

Penn Central Lt & Pwr
4%s

1947

warrants

Bell Telephone

1968

Pacific

22

A-0

J-3

1955

-

'

4s>»»»».. 1962

1977

5'As

Assoc T & T deb

5s

Public Service

Oklahoma Nat Gas 3%s B
Oklahoma Power & Water 5s

F-A;,':

1949

».—1950

Debenture 5s

—

1971

1968

4%s~.

AConv deb 5s
A

21'A

3%s„»

mtge
3s—

mtge

Ohio

{Associated Gas Si Elec Co—
AConv

Power 1st

109

245

M-S

70

Ohio

m-N

High
112

103%

■■■•■:• or" y.1

Ogden Gas 1st 5s»»»»^>._>..„^1945

109

106%

33

106% 106%
75%
77%

127

A-0

J-3

1948

—

88%

1

96

108% 108%

108%

3-J

1956

1953

5s

4 'As

96

J-3

Low
111

¥103% 104%
¥115%

W

J-J

No.

"

1961

Paper 6s
Elec Pow 3'As

Range Since
January *

Sold

High

¥110% 112

—

J-J

Continental Utility 5%s__»1948

North

106"%

96

3%s>«.

Westchester Ltg 4s

Debenture

111

107%
112

103% 104

N

108%

105

14

107%

N Y State Elec & Gas

104%

Bonds

Bid & Asked

High

103%

tl10'4 111

J-J

>..2016

-

•4103% 104%

J-J

1950

.

deos

Pow

Amer

York

Week

Low

debs.......

Amer

New

1

American Gas & Electric Co.—

2%s

BONDS

-

Bonds

Sale Price Bid & Asked

Period

12

EXCHANGE

99%

95

l$5'/8 106 Va

12

100'A

96

107

Waldorf-Astoria Hotel—
Idaho

1st

Power

ref

&
&

1st

3%s

Power

Illinois

<fe

5s

rei

1967

A-0

195P

ref 5%s series B

1st &
Inuiana

Bydro-Elet
Service
ft

lien

ref

1957
>_is)58

os

1950

5s

A6'/2s

A7s

1

M-N

coup)

•>•-'

1

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111%

94%

102%

West

103

17

80

6s

96%
96

112

115

105%

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Power

Supenoi

J-J

-

'A::

33

;■ ■■

18%

w-

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.

11 17

-

23%
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■■

'

27 %

23%

4

Penn

6s

&

Pow

Lt

Radiator

series

Penn

1960

J-D

.»

5s

Tractioh

5s

Newspaper Union—
unstamped extended to 1959

AStamped 5s»

J-D

33%

27 %

1

19

23%

7

17%

35

24%

125

74%

60

58

60'/a

25

36

67

J-3

3Vas~

¥32

M-S
121

16%
107'A

&

121

2

121

123

1

111

113

—

:

¥98%

90%

98'A

"

5

106%

108

109%
110%

A

1C8%

107%
106%

•

108'/a

6

Edison

4s

1971

E

f

__

98 Va

14

l.

101

110% 110%
101

86%
100%

>i.A

106'/a 106%

M-n

J-J

98

¥101% 101%

M-n

1965
1949

—

Petrol 6'As

:

M-8

:

■

'

106'A

1

%

99

102'A
106%

3

108 'A

100'A

102 %

>

20-year

118%

85%

81

100 Va

63%

99

84

75

98'%

99

.73%

99

GO

%

m-8

60'A

60%

1978

J-D

1043

1955

J-D

106%

49

22

1957

J-J

1951

M-n

1949

F-A

105% 106'A

1978

4

105

22

104% 104%

l.v:-18

106% 106%
105

27%

1981

Amsterdam

Gas

J-D

2022

1

U-S

.

Bank

'

62%

1947

J-J

54%

¥53

46

54%

J-D

16'A

16'A

14'A

m-n

23%

55

57Va

2

44%

F-A

56

56

2 A

42

J-J

¥20

35

M-S

U5%

18%

m-n

¥31

34

1953

7s

u>„__1958

stamped

May

1927

tissue

of

Oct

105%

109

7

103'A
108

113

AParana

98

102%

ARio

27%

5

¥113

•'

12%

28'/a

118%

--

■

107

M-n

.->A>
•!

a

Mortgage Bank of Chile 6s_j>
Mortgage Bank of Denmark 5s

A

de

Russian

(State)

7s

69%

69

70'A

56

47%

77%

J-D

69%

69

70%

10

50%

7 6'/a

1950

M-n

69

68%

70'A

88

50

78

1961

m-n

( a
'

¥108

107%

6%s
Government

Orleans

AIncome 6s

Public
series

A-O

95

93%

95'A

69

76%

J-D

96%

96%

97%.

87

82%

98 'A

1949

J-D

Service—
A.

Nov




104%

*6,.

£2 'A

'? 35

...16'A.i:24%

A-0

32

¥36

J-D

¥17'A

37%

1972

J-D

55

J-3

1919

J-D

1921

J-J

30

20%

45

58

22%

27 Va

35%

17

30

%

27%

4%

4 58

5

132

2%

9%

4%

5

75

2%

9 Va

/
v

2

38

18

58

¥28

M-s

1859

6%s

32
22

1

102 Va

108

a

Deferred

deliverv

saie

d Ex-interest

e

Odd-lot sale,

n

Under-the-rule

sale,

sale,
x Ex-dividend,
y $8 liquidating dividend paid.
^Friday's bid and asked prices; no sales being transacted during current week.
ABonds being traded flat.

gReported in receivership.
Abbreviations

used above—"cod," certificates of deposit; "cons," consolidated; "cum," cumula¬
"conv," convertible; "M," mortgage; "n-v." non-voting stock; "v t c," voting trust certificates!
"wi," when issued; "w w," with warrants; "x w," without warrants.

tive;
¥104

20

Cash

96'A

1954

-

♦No par value,
r

.

109

1948

Debenture 5

20%

.

¥36

1931

:„>1958

Janeiro

5%s

1141/8

M-S

1948

.

11%
:

'

J-j

1947

-

l

60

20

117%

1948

5s

A

110%

114
112

•

117

22

10

64%
'

107%

1

14

J-D

A,-AT"--

1947

1927

21

K

1951

Mortgage Bank of Bogota 7s
of

NO.

High

.••

109

105%

¥116

High

Range Since
January 1

54%

...1955

7s

Sold

of)

5s

AMaranho

Bonds

Low

Danzig Port & Waterways—
4Externa] 6%s stamped
1952
ALlma City (Peru) 6%s stanaped.1958

106%

¥108 Va 109%

—.

Friday's

¥53

'

A

or

Bid & Asked

1948

5%s

Mortgage
ACauca Valley 7s

103

100% 101

F-A

Week's Range

Last
Sale Price

a-0

April 1946
Jan

(see

105'A

108% 108 Va

__

101

Period i

(Col)—

7s

Bogota

AMedellin
A-O

Interest

12

112

5

A

102%

Friday

Exchange

Nov.

Agricultural Mortgage Bank
A
20-year
7s

Extended
FA

1947

1st

New

110

Low

Mfg—

4V2s

G

deb

110 %

30%

102%

118

,199 % 100%

108

113

¥107% 108'/a

-T

108

Curb

Ended

110

106%

1

•::-A

106% 106%

.

York

Week

121

'A-'

A-o

3-D

New

Alssue

Conv

110%

109

81

3-D

BONDS

"44%

113

J-J

19oo

j

¥.106% 108

J-J

1957

36

108% 109%

J-D

M-3

1970

1963

New

109'»

108%

94

J-J

1969

5s

Valley RR—

series

108%

Foreign Governments & Municipalities

35'/a

23%

1967

6s

4%

1

¥116

--

F-A

1937

117

109

F-A

»_»».1947

-

25%
109

•

■

88%

1948

conv

Middle States

Midland

A-O

22%
109

¥108% 109%

35

16%

32

90%

2022

stamped

Metropolitan
4s

2030

23%

-35%

196b

6s

Light 3'/is

Lust

Pow

Co

J-D

Electric

Danish

McCord

J-D

38

16%

J-J

1952
,

Electric 6s
<to

¥26
¥

""J-

1957

coupon)

5s—

Kentucky Utilities 4s__

Mengel

m-s

1964

6s stamped extended to 1959
lAYorx Rys Co 5s stpd

109

-1952

1941

6s

Kansas Gas &

;'v-

—

1957

coupon 1

Superpower

Louisiana

1954
1951

Elec

Western

80%

116

109

West

81

4s

Power 3 %s

Water

107 %

10)

1

47

94%

1112

108%

d3bs_>.

income

Ry

Wash

92 %

2

95

¥108

F-a

Jersey Cent Pow & Lt 3'/2s
1965
Kansas Electric Power 3'/2s—1966

LaKt

93%

—

J-D

1955
1957

Power

Debenture

Kansas

93%

104%

17

102% 102'/a
94%

A-0

1959
1941

1941

(July

Altallan

102% 102%

M-N
J-J

1970

F

series

A7s

105% 105%

102%

M-3

—1952

E

(Aug

Interstate

105%
14

105%

F-a

C—

(Dec

series

A7s

105%

105% 106

Posver Sec—

series

A6Vas
A7s

106

J-D

1963

5s

Alndianapolis Gas 5s A_
Indianapolis P & L 3'As
International

1105

Wash

U. •''

sent*

Indiana
1st

A-0

——1953

Light Corp—

series A__

os

THE COMMERCIAL & FINANCIAL CHRONICLE

1966

Monday, November 15, 1943

OTHER STOCK EXCHANGES
Week's

Friday

Baltimore Stock Exchange
32 both inclusive, compiled from

Nov, 6 to Nov.

Last

Low

Par

Arundel Corporation
Balfc Transit Co com
Preferred

t

v

Lac/.——a-*.----.:-

Consol Gas Elec Lt

&' Pr common-

Sugars Assoc '.com v t c__

Eastern

&

Fidelity

—

£■ 62%

'I .T

Fidelity &

S

0

40

Mar

27

62%

Bonds—

100

142

9%

5 ',o

—

it.

—-

154%

152

155%

1,177

5

4%

5

0,250

Co, common—*

1%

1%

1,500

Athey Truss Wheel

Co

ca lital—

Automatic Washer

Feb

40

Nov

28 %

188

37

170

34

34

July

Jan

42%

Jan

10% July

Jan

Nov

28% Nov

25

27

Mar

200

5 •-7

.3

:1 %

1%

3

Jan

84

Apr

22

Jan

28 %

Borg

Warner

Corp

Oct

Brach & Sons

Jan

40

Oct

Brown

Jan

34

May

Fence

52%

839,500

49

Mar

56

Jun

Burd

60%

28,550

55

Mar

64%

Jun

Butler

Oct

100

100

100

1.000

100

Nov

(E J)

100

A

(E

L)

common

Oct

5%

....

Co

preferred

(A M)

[,

Exchange

Illinois
Illinois

Par

Tel

American

Anaconda Copper
Bird

&

Pub

Serv

Edison

819

13
97
34

Jan

24

230

33%

6,452

200

High
158% July
31% Apr

Nov

9

Jan

81%

13% Nov

Jan

24

Jan

102

July

34% July

64 %

66%

735

62%

Jan

69% Aug

19

19

100

14

Jan

19%

19%

22 %

Jan

32% Apr

Oct

22

100
5% class A 1st preferred—;
-100
Stamped
100
8% class B 1st pfd 'stamped———100
7 (/o "class C 1st preferred—-——100
lOft class D 1st pfd stamped
100
prior preferred

8%

1.497

3%

3%

100

2

Jan

8

4

3%

4%

437

1%

Jan

8% May

4

4

5

667

1%

Jan

8%

Jun

3%

——

3%

2

Jan

6

Jun

4%

4%

100

2%

Jan

15%

15%

80

11%

Jan

16% July

6%

385

6%

Jan

15%

Calumet & Hecla -————5

6%

Service

Copper

Co—l

Range

6*%

]

—10

————

11

12

148

3%

8%

Jan

*

6

6

20

4%

Jan

,—

Apr

17%
,

Jun

7% May

4V2V0
6%

——

5

A——100
preferred B—T..—
——100
preferred adjustment
100

6c!o

115

1st preferred series

6%
5%

SS Lines Inc

Eastern

Employers

Group

•

Public Service

Engineers

58

33%

-•

;

Jan

42

Jan

129
•

5
5%
115% 116

85

2% May
59

19% Jan

340

2%

145

37%

Jan

98

% Nov
Jun

S6

Oct

70

61

70

266

25

Jan

70

Nov

16

21%

540

6

Jan

24%

Sep

7%

Nov

33%

33%

7%

7%

67

34%

34%

35%

726

7%

34

-*

8%

285

34

%

333

77

Hathaway Bakeries $7 conv pfd———
Isle

35%

11% July

27% Jan
2% Jan

31%

2,101

7%

87

6%

.*

Gillette Safety Razor Co—

77

30%

34%

Apr

9%

Jan

Sep

39% Jun

Jan

37

100

Co

(Del)

Corp

30%

July
9% May

Jan

75c

82

Mat-

361

28%

Oct

1% July

Jan

3%

210

3

3.5%

Feb

4

400

2%

Jan

_——5

common

5% preferred
Mergenthaler Linotype

3%

Apr

.6

Jun

6%

48

Common

Narragansett Racing Assn Inc.———1
Nash-Kelvinator

6 %

5

10%

luu
New York New Hav & Hartf RR——100

107%

North Butte Mining

2.50

,

22%

130

se%

Jan

33

May

45%

48

142

35%

Jan

50

July

Pacific Mills

•

Pennsylvania

RR

50

6%

7

390

170

6%

40c

27%

Jan

8%

Jan

-j'ff

Oct

14% Jun

Jan

24c

2,700

24

25%

6%
86

48

iS
43c

24

27%

3%

740

10%

106% 108%

\b
43c

Quincy Mining Co—

25

ca

pi t al

Cities Service Co

Stone &

•

1%

Webster Inc

Suburban

Elec

*

„

Securities

32

110%

Jan

Oct

2% Mar

Jan

85c

Apr

19

Jan

28% May

23%

20
828

Jan

32%

Apr

12

1%

100

Jan

1% Mar

12%

275

9%

Jan

66c

8%

9

339

57/a

Jan

14% Sep
10% May

3

8%

—*

common

Union

Co

Twist

United

Drug

United

6 </o

U

S

Drill

Commonwealth

:

•

33

3

5

1%

Feb

Consolidated

V t

Co

Biscuit

15% Julv

Jan

19%

750

12%

Jan

4
July
19% Nov

20%

22%

Sep

4%

Jun

(it)

11%

Feb

50

3%

Jan

83.,

1,700

5%

Jan

27%

28 %

250

20%

Jan

20%

100

15%

Feb

21

Oct

88%

300

69 U

Jan

93

Nov

I

ni

,50c
<>

...

4

11

1

Vs ;

10% July
29% Nov

■■

■

1.450

Mar

Jan

6

10% July

Jan

1 % May

■

%

•

" 112

112

200

A

10

54%
7%

HO

17%

12%

12%
5%

99%

330

i7%

15.450

;4

%
48 %

113

Oct

61

July

10

Oct

Nov

19

Mar:

Jan

14

Aug

Apr

17%

100

9%
2

Jan

6%

Oct

38% Jan

49%

Oct

700

112

56

Jan

y;: Jan

3%

200

49

312

26
y

:

f

d

_

10%

-

«

common—.

25

common

common

115

56

60

42

Mar

56

Oct

12

106

11%

Jan

15%

Apr

77%

360

67 %

Jan

85

12%

3,000

3%

Jan

18

400

1%

Feb

7,250

21t4

Jan

550

2%

Jan

yy:v3-

23%

1

.

Jan

30%

56

104

74%

.

40

ll7;.

-

_

Jan

700

9%

•

1.,

'V

.

/2

9%
•

t'2 '
■

0

Xl7%

Continental Steel common.—

:

3

25 3»

24%

5

4%

5

r%

:

5

Oct

July
May

3%
27

Oct

July

5% May

23%

10%

Jan

50

2%

Feb

5% Aug

25

5

19%'

19%

0

280

16%

16%
..

16%

Jan

23% July
27% July

23 7.-I

50

25

18%

19%

614

pfd—100

94%

95

80

...30

21%

23

—

Crane Co common

Cudahy Packing Co 7%

cum

Common

2%

19%

19%

19%

20%

Jan

Sep

14%

Jan

22% July

83

Jan

100

lOt'2

Jan

100% Aug
24% Oct

150

20

Dayton Rubber Manufacturing com..„1

14%

14%

14 7

Decker

17

Feb

23% July

11%

Jan

19

50

a

Jun

(Alf) & Cohn Inc—

Common

&

—lO

—

Co

6

6

200

2% Jan

6%

*

34%

36

373

14

14

100

10

Jan

16

Dodge Manufacturing Corp common—"

U1!

11%

300

10

Jan

5so

300

24%

24%

24%

100

7%

77%

8 lii

1.150

27%

28%

550

16

17

100;

Nov

13%

u

common.—

Dixie-Vortex

Domestic

Co

common....

Industries Inc

class

A

*

—

Util

Corp
Elgin National Watch Co
Inc

JL

common-

5
15

—

Fox

Drive

(Peter)

Auto.—,

*

5

V;

95

35%

10

10%

1%

Jan

42% July

July

Apr
6% May

Jan

4 \\

250

6%

Jan

28% July
8% July

Jan

3%
23

31

Sep

Feb

ia

Nov

32% Nov
6%

41% Mar

Jan

14% July

Mar

15

450

4ta

Jan

21

350

39

3H

39

1

common

.;

x32%

10

....

Brewing common—

Manufacturing

28

1

—

Fairbanks Morse common—..
Four-Wheel

51

26%

®

(The)

Corp

Electric Household

Eversharp

—

■'

:

Eddy Paper

Gardner Denver Co
General

American

3%

42%

Sep

Jail

6%

Jun

General

Motors

Corp

Safety Razor

Goldblatt Bros Lac

Gossard

Co

(H W)
Dr

16% Mat-

Jan

Si %

39 7 a

40%

58

34%

Jan

497

44%

Jan

*

.—10

common

Dk

Jan

37%

800

••3%

.

Jarv

2

7 to

1,650

7tu

225

4%

7.

100

4%

a

'34%

•

common

51%

7
7

•
—

35%

205

25

•

com

13%

200

10

19%

20%

750

17

15%

20%

15%

100

12%

Jun

4% May
July
56 % July
9',a May
7% Sep
41% July

44

Jan
Jan
Jan

13%

common.—

&

14

210

3' a

a

.1

common-

common

200

41%

39 7

5

common

16%

16

*

common—

Transp

General Finance Corp common
General Foods common

Hall Printing Co common
—.10
Harnischfeger Corp common—10
Hein

Brewing Co capital—

Werner

Motor

Hibb Spencer
Horders

Inc

Houdaille-Hershey
Hupp Motors
Illinois

Parts

1

Jan %

%

13 %

Oct

Jan

21%

Oct

8

-

class

Brick

Co

—-

Steel

Steel

Prod

Jan

10 %

6

Jan

7%

Jan

B%

200

8%

33%

34

32%

12%

12%

1

1%

40

W*

120

10

1%

1,900

Jan
19
iff

17

Jan

3

3%

350

%

10

103a

240

7%

19Vi

200

18%

Oct

16%

16%

310

16%

1

11%

16% May

23% May

Jan

4%

4% July
:

Jan

19

common———.1

5%

6

300

capital——*

Co

July

yyy 2% May

Jan

19

3%

May

37% Aug
13% May

31% Feb

*

10
c—

9

Jan

25

100

July

Apr
9% Aug

*
Jan

Indianapolis Power & Light com—*
Inland

7%

300

100

capital—

Illinois Central RR common

t

150

9%

*

—

B_.

(new)

v

18

9%

9%

*

...

common

Jan

9

9%

Bartlett common—i!~_25
common

International

32%

33%

455

29%

27%

150

27% Nov

Jan

.

Joy

(W

73%

74

50

63

Jan

•

05%

66'a

360

57

Jan

l

12

12%

75

9%

Jan

16

10%

100

8 %

Jan

12%

5

1,150

3%

Jan

6%

1,000

5%

Jan

Harvester

B)

Co

common

capital

Manufacturing

common——1

July

37

Feb

10%

1

Co

36

4%

4%

_*

6%

Katz Drug Co common

121a

13%

93

15

Sep

Kellog Switchboard

69%

72%

578

60 %

Apr

76%

Sep

23

68%

67

68%

743

63%

Jan

74

Sep

Kentucky Utilities jr
6% preferred

44

44

44

61

42%

Sep

47

?

July
July

78% July
74% Jun

5

Julv
Jun

May

July

Machinery Corp

—25

——

10

37%
10%

10%

50

50

87%

93%

7% Jan*

332

38%

25%

Jan

46

7%

377

Jan

11% May
99% July

July

Inc

Jun

45

47

20

41

Jan

48%

Sep

—_._100

102

102

40

96

Feb

102%

Oct

—

Massachusetts Street Ry—

common

*

104

104 y;

■

§1,000

'

103% Aug

105

May

*

_.i.

*

common

Lynch Corp

Friday
Last

Sale Price
Par

Laboratories common-

Acme

Steel Co common.
Adams Oil & Gas Co
commonAdvanced Aluminum

Bearing

Chalmers

Castings-

common

Mfg Co

footnotes

see

page 1971.




57%

-25
*

53
38

4%

—1

53

37%

38

4%
12%

34%

33%

4%
13

35%

Dredging Co

—■

*

25%. ;25%
19%

19'4

2% Jan

20

5%

Jun

Oct

12%

Jan

21% July

15%

Jan

21%

Jun

100

19

Jan

27%

Jun

30

13

Jan

27% May

Nov

13

Jan

16% July

9 3 i,

150

9

14%

1,515

10

5%

5%

1.100

3%

Feb

5%

Oct

8%

8%

8%

3,400

4%

Jan

9%

Oct

Range Since January 1

Corp capital
United Co—

High

7%

*
•

West

5

9

14

—

Midland Utilities 6%

7%

common

common

Convertible preferred

Low

prior lien.
preferred A—

Mar

20,500

'iff

A——

prior lien

450

1

4%

—.—loo

5,550

7

5

450

2

16%

51%

200

41%

450

6

2%

Jan

————.100

200

Jan
Jan

Jan

100

11

Jan

355

25%

Jan

62% Mar
57% July
39% Mar

6%

Apr
13% Aug
42% July

Miller

&

%.

%

18

Feb
Jan

May

% May

8% Jan

18

5

r%
100

.

65

1.750

"

July
Sep

100
-

.5

2

200

18
19

Jan

50

5%

18

9%

-8%

Jan

30

15%. lot 4

18%

common

Field

Common

High
57%

■

Nov

0

Jan

%

Middle

for Week

Shares

Mar

5

200

13%

Midland

Sales

Range
loio

*

—5

Week's
of Prices

2%

3,350

1

5 Vz

Marshall

Nov. 6 to Nov. 12 both inclusive,
compiled from official sales lists

STOCKS—

250

6%

1% Julv

Mickelberry's Food Products common.l

Chicago Stock Exchange
M

a

1

5%

——

*

common.

McCord Rad & Mfg class A—
McWilliams

4%

4%
61

-_•

,

Feb

4%

*

Refinery Co capital

%

6%

7

Oil

200

1%

Libby McNeill & Llbby common

Liquid Carbonic

4

1%

Lincoln Printing Co common
$3% preferred ;
;
Lion

1948

6)

.5

common

Lindsay Light & Chem

80% Jan

bonds—

4%s series A————

8%

cum preferred—50

common

La Salle Extension Univ
Leath & Co

For

Sep

1%

86

Container Corp of America common—20

72%

Westinghouse Electric & Mfg

Allis

Jan

11%

Co-

•

Waldorf System

Aetna Ball

13

20%

pref pt shares—. 50
shares v t c A
50

c

—5

preferred

Abbott

'

150

-'a

28 %

Common part

Co

Rubber

Eastern

150

3% July

2733

—_5

_

38% July
19% Oct

650

73
1

preferred.__

Edison

Inc

Fruit

United Shoe

(The)

Jan

3%

'4

pfd

com

common

Utcn

Jarvis

Torrington

19% July

26%

13%

Light pref.

—...

Club Aluminum

Indiana
Assn.

Jan

727

.

18%

52

conv

Indep Pneumatic Tool

Shawmut

34%

13%

20

Chicago Yellow Cab capital——
Chrysler Corp common

Heileman

New England Tel & Tei

Jan.

250

Apr

21

—100

;

4

Apr

8% Aug
5% Apr

7

3%

ip'a

preferred

Chicago Towel Co

Great Lakes

100

Maine Central RR common

9 %

39% Mar

4% Aug

18 >4

'

Goodyear Tire & Rubber
Lamson

17% i

13

Common—

Convertible

Gillette
30

•

Sep

40

4% Jan

50

Royalc Copper.—-———-15

Kennecott Copper

100

ryyy

?

Belt

Fuller

General Electric ————:

4%:

.4%

9%

Westi Util
preferred^.

lien

9% July
124

Jan

21

1

,

National Stores.

Wm

84

59

common—-——*

Association

1%

31%

Street Ry common—100

Eastern Mass

First

58 v

100
—100

prior preferred

preferred

1%

*

—

Nov

18
13

Cherry Burveil Corp common.— —5
Chicago Corp common
—I

Deere

Eastern Gas & Fuel AssociatesCommon

Sep

17

Jan

33%

16%

..10

Cunningham Drug Stores
Cities

5%

590

900

Oct

23

9% Apr

:-w-••••■'

Personal Prop Trust———•

16

Jun

250

8%

32%

1.

Consumers

Maine RR—

Boston &

Boston

y

95%

65%

100
•

Boston Elevated Ry._i

25%

127%

2,755

13

—25

Boston Herald Traveler Corp

155%

33%

100

& Albany RR;—

152

Low

97

Inc.——————:4

Son

Boston

Range Since January i

7:;.,
347a

77i,

.

.

preferred

Preferred

Chain

Shares

High

24

50

—.

Boston

7%

Low
154

100

& Tel—

Prior

for Week

of Prices

14%

Securities Corp—

Central States Power &

Sales

Range

Last

Sale Price

Jan

'•

30

—

cpmmon

Central & South

compiled from official sales lists

6% May

Jan

13%

July

tr¬
&

Convertible

STOClvS-

16

350

...1

..

Common

Week's

Jan

7%

4%

rr '•

10

convertible

Central

Friday

Nov

9%

250

:

i..1 o-

Ring conhnon.

Brothers

Nov

.

y

pfd.—'*
:
Li
5-:'
5

J}—

Central

Boston Stock

3%

100

'

.

33 3a

.V_«t

capital

Wire it lass

&

Piston

Castle

Nov. 6 to Nov. 12 both inclusive,

2% Jun

16

7%

5

,_5

Bunte Pfos. common.i^
52

100

Jan

•

Co

58 %

500

%

.

20%

'8%

Oct

7

lr5%

I-'

39%

Jan

'

5

.

common—

Common
Bruce

100

y

1% Mar

.

.2%

'JOva

..1
.1

capital

Jan
Mar

14%

15
5

Binks Manufacturing Co
Bliss & Laughlin

Jan

%
32

7,100

3%

3%

V

■

.

—

Incjcommon...

158% July
6% Sep

14

..1
__1

29%

.

S3

.

Brewing Coi;l)_

31

,

100

3:,t

,

.

Berghoff

111% July

500

L-e)—
\VHjT

Belmont Radio Corp—
Bendix Aviation Corpicommon—

Jan
Jan

150

.......

High.

a

3

100

4%

To*
.5
Seelig Mfg ifr
common A
Bastian-Blessing Co common
Belden Manufacturing'fCo common...10
TO

Nov

77

.

25

36

•27%

36%

%%-

145

Mar

39

901

128%

-

'

9%
22%

1,055

83%

82 '/a

;;-y:

67% Aug
9'/a Feb

Jan

39

Low

90

.4

iimori

co.

i4%
1 %

'

*

common—

Aviation Corp (DeJaw
(I

35'/a

•S;

335

200

125

193

3

7 ■:

5'.'?.

Co

Interstate

109

100

Range Since January 1

High

common-

Investment

Jan

.

125

70

31

,

28%

28

28%

—1973
1975
——-1944
.—1945

——

Co

Manufacturing

Associates

Jun

6%

30

42%

9T'B

20

:

7

5s series A

Loio
106

Qo capital

2.95

.-V:V;7

Baltimore Transit Co 4s__

&

Tel

12%

57 % Jan

47

7%

42%

42%

-SO

Bank————

.

Armour
Asbestos

<fe

Aug

8

40

142

142

100

Guar-}.-

National

19

Jan

1.00 Mar

2,675

7%

25

Distillery——-i—.
Mt Vemon-Woodbury?Mills pfd_.
New Amsterdam Casualty——
(Tom)

Western

16

590
192

1.65

62

'

;.25

Moore

I:

High

Tel

Shares

109

Barlow &

-.5

-

V

10

36

--

-10

A com

of Amer

Co

1

....

Co————; -20

Deposit

Fidelity & Guar Fire Corp
Finance

■

8%

i

c

Brager Eisenberg

Low

18

1.40

c—

Range Since January 1

High

18V4

18% w

j—
v t

Shares

of Prices

Sale Price

STOCKS

American

for Week

of Prices

Par

American Public Service Preferred!-100

for Week

Range

Sales

]Range

Sale Price

official sales lists
Sales

Week's

Friday

Last

STOCK S-

Nov

11%
;

Sep

11%

Sep

Jan

% May

Hart-

Common

stock

v

t c

$1 prior preferred.
Monroe Chemical Co
Preferred

*

10
common..

-

a

2%
li

2

10%

Jan

1

2%

3,200

11%

650

8%

Jan

50

%

Jail

3

3

41

41

40

36

Feb

3% July
12

July

3% May
43

July

THE COMMERCIAL & FINANCIAL CHRONICLE

pTHER STOCK EXCHANGES

STOCKS— 7,7 y

:

Par

Montgomery

Ward

Co

&

Co

28'%

common

Noblitt.-Sparks
Norm

cap

Milts

Airlines

50

29Va

Mar

2,5

120

Oct

4%

Jan

13

Jan

38

July

300

234o

Jan

37% July

STOCKS—

,

,'

■

Oct

26 l/a

Inc

32'it

cap...

32!

15%

17

a

8%

1,500

19Va

Jan

Sep

Apex

Jan

19 V4 July

City

16%

125

14%

Apr

Lr%

i

l£

16%
15'!

Coach

Electric

18%

common.—

Northwest Bancorp con»non__

15%

250

lh%

Jan

23 Va July
16% Oct

Cleveland

<fe Body......

Utilities—

West

Ice &

Cleveland

„_..5

%

9

Fuel

7preferred

— _.

180

20-

Eaton

'

Omnibus

Pea-body Coal Co
6 '<>

—

Electric Switch

class

5

Feb

capital

ER

Poor

&

Potter

Co

(Tnei

Pressed Steel

10

:

65%

Jan

Jan

34

Jun

Kelly

Jan

127a

Jun

Lamson &

50

4 V4

1

800.

i-%

Jan

Car common.—

Corp

CThet

WuaKer

Uats

Co

Jan

j'/a

2% May
>13% Jun

Nov

Hanna

(M

Interlake

A)

Medusa

Portland

National

92

Mar

National

Refining

100

100

.147'/a

Feb

155

Mar

preferred——5

1,750

1%

Jan

3'/a

3 Va

Apr

i.,

24Va

Jan

100

Jan

14

485

Jan

90 Va

Sep

150

Mar

4'a

Jan

20

Jan

2,150

Jun

capital—774——_!

Scars-Roebuck & Co capital.

Serrick Corp

•

South

30
10

Lathe Works capital

Bend

Southwest Gas <to

Elcc

3%

1__1

class B common..:

Signode Steel Strap Co preferred
Sinclair Oil Corp.—

%'

_5

Common

15%

Stewart Warner Corp common,

(to

Swift

International

50

Texas

Co

The

<

Transcontinental A:

U

S

U

Lines

Air

Co

Gypsum
Steel

S
7 "o

capital

265

Apr

184

Jan

53 V4

14 Vi

85/'

Jan
Nov

86%

439

16%

Jan

59%

Jon

74%

1.683

47 Va

.Jan

112 Va

Jan

950

2

Jan

28

410
:

30

Feb

34% July

9%

Jan

20

7

14

8Va

8%

Jan

Mar

914

Sep

Cleveland

Graphite Bronze common/.!

a37% a37%

Fire.stone Tire & Rubber common.__.10
General Electric common

a36-8 a36;bt

10

a34Va a35%

/ 140

a327u tt353:»

38

Industrial Rayon common.—
Interlake Iron common
New

York

Ohio Oil

Central

RR

—

*

a6'«

common—L—_c

a67»

45

al5% al6%

*

common

27

a

a

16

341

15% al6"»

170

Republic Steel
U

8

*

common......

Steel

al6%

385

*

»

a507. a5238

40

Youngstown Steel Door common—*

all Va a 11',u

50

Jun
Oct

Watling, Lerchen & Co.
Members
New

Oct

York Stock Exchange

New

Stock Exchange

Detroit

York Curb

Associate

Chicago Stock Exchange

98% July
13

500

.

Oct

8%

2,400

Ford Building

4% Mar

DETROIT

Oct

250

6%

Apr

Wrigloy (Wm Jr't Co capital...—.7.*

25

70%

Sep

Yates-American,Machine capital———5

400

7% May

Zenith

545

37Va July

Woodall Industries common.

Radio

Unlisted

Corp

—2

.

•

common

Stocks—,

Telephone: Randolph 5530

Detroit Slock Exchange

:

.

"

American Radiator
Anaconda
.

Jun

Nov

Unlisted—

July

49%

320

350

common......*

Nov

a34% a34%

4% May

146

-

7

125% July

"3%

common.—.-.*

Sep

2% May

Jan

23%

32%

13%

Weinberger Drug Stores......
Youngstown Sheet & Tube—

59'A July

268

common..7

Inc

7%

Apr

40% a40%

a

*

;

18% Mar

32% July

10

50

Bankshares

Works

Jan

29%
32%

Standard Oil of Ohio—25
Iron

Jan

Julv

7

1%

<•

Dorn

Jan

3%

Feb

15
.

25% July

235

—/—4.*

Oil-OMatic

14%

7r;ii

1

•

Van

35%

Jan
Jan

Sep

77

50 7 «

16%

7%

....*

—

Jan

9 Va
4

al438 nl438

7%

....

Richman

July

July

Jun

24

*

Westinghouse Elec & Mfg common
Wieboldt Stores

35 Va

550

Western Union Tel common——„.100

Wisconsin

Nov

13

Utah Radio Products common—„1

Williams

27 V4 July

100

Walgreen Co common'

Jun

18% Mar

Jan

2 9 5 it

5

preferred

14 '/a

Nov

Jan

20

common.——

cumulative

4 Va

Jan

—*

common.

38%.July

109

West Air Liues—5

Transp

Oct

July

1,450

2

—

Union Carbide & Carbon capital
United

Jan

25

common;../——

>

Jan

3

1,150

1614

15

capital

Corp

Trane

17%

Jan

500

1

Jan

318

—25

capital

Jun

1,700

-5

capital—.——

Co

Sep

Jan

33 1

30%

:

Bros.

60

Nov

8 Va
50%

Feb
Jan

40

Sunclstrand Machine Tool common-—-5

Bwirt

101%

100

Standard Oil ol Indiana capital
29
Sterling Brewers Inc common,:.———!

5V4

I
new

Nestle LeMur class A

Nov

950

1

34%

11%

5VH

Apr

108V4

6

Light & Power pi'd.v
Spiegel Inc. common———,—
42
Nat Stockyards capital—/*,;..*>
Standard Dredge preferred!,/ 4.47:./4.20

13 V» July
27 Va

101%

Southwestern

34 Va May

Jan

10

St Louis

May

July

300

—100

571: pfd

1;

33 Va

Oct

100

Schwitzer Cummins'

Jan

A34%

11V4

*.

Nineteen Hundred class A

Snngamo Electric Co common....;.—.*'

Apr

1o3'8 July

al06

11'4

^

National Tile

——....

Raytheon Manufact 6%.

Tr

71

Jan

1(1%

a

34

&

Acme

Jan

52

_

a.'34

alOG

Cement.:...—

Jun

7Q

100

52

preferred..:..

Sessions/——

Jan

lO'/o

32
561

a36% a38 Tn

Steamship

Island Lime

.

Jun

59

50

14

al7:'«

»

—

cum

98

a37Tn ti37%
,—25

common

Rubber....——I*

$5

300

—7

common

common—.

:

6%

140

1

.

Oct

Jan

100

65%

13%

.../

9%

88

50

al4% al4%
a! 11%'112%

«

F.

Goodyear The &

22

*

...

Process

Preferred

33

May
61% July

;

B

B

Rubber

High

v

Jan

106

,—...5

Manufacturing:....

Goodrich

a41

614

100

*

Electric Controller

1V* May

Jan

common..———

class

Co

common

General Tire &

4(5 14

467

Peoples Gas Lt & Coke capital
100
Perfect Circle (The) CO—.....l—/*•'

Jun

17'/2 Mar

Jan

<

044

27:

50

i tr

23 Va

50

*

com

-

Jun

86 Va

Jan

250

—10

A—

Penn Gas & Electric class A

Pennsylvania

8Vb May

Feb

40

5
100

B

common

preferred

Perm

Jon

1,100

common—-——;—r---.6

Corp

Corp

Oct

23

Jan

75

19',*

19 TV

180

98

a40

a

Range Since January 1
low

9%

98

——_...,3

Cliffs Iron preferred....
Elec Ilium $4.50 pfd...

Shares

High

9%

Manufacturing pfd—.100

Brewing Corp of America.

Cliffs
100

for Week

of Prices

Low

.—

North

Sales

Range

Sale Price

Par

American

17.
18%

30

Week's

Last

'

14% July

Jan

35

common

Inc

Friday

1% Mar

I1/, Mar
9%

Nov. G to Nov. l't both
inclusive, compiled from official sales lists

Sep

300

American Car common

Northwest

20

.

1%
12!»

50

Jan

common-

Industries

Northern Paper

28', a

1%
12%

.,,,.

High

Low

stock—™.

National Pressure Cooker
National Standard

i

3b%

620

43%

Cleveland Stock Exchange

jRange Since January I

lliQh

42

43

common.,

common—,;

Cylinder'Gas

Shares

of Prices
Low

Muskegon Mot Spec class A
Nab da; Liquidating
National

for Week

Range

Sale Price ■}.

:

Last

77: -//v.

Sales

Week's

Friday
'

Si

St San

8%

1

Atchison Topeka <to Santa Fe com

100

Steel

Curtiss-Wright
General

Corp

Electric

Co

(Glenn L>

Nash-Kelvinator

Paramount

common

OH Co

Pure

680

45 %

Jan

65

July

57 V 4

425

55

Nov

69

Apr

Nov

9% May
39% July

55

G%...

34%

•

-

16

35%

650

6

6:%

125

16

w

"/•'>

6%

660 "

7

16 Y

30%

Jan

6

75

Nov

9%

Jan

16

<

'

;24

10

11%

1,797

7/6%

Jan

15

16%

1,745

10 %

Jan

20
30

21%

23%

1,500

15%

Jan

35%

3514

70

26%

Jan

13%

14%

1,080

9V'2

Jan

8%

9%

4.400

5

Jan

14%
9

"

common

■/'./.'"/•

—•

'*

15%

16%

700

14

Jun

/ May}

Friday
Last

STOCKS—

——•

July
July
19% May
12 V4 May
20V4 July

7

Jan

56

28%

common

'11%

1

Rubber Co common

;

10

37

•

471

24%

Sep

58 V4"

26 Vb

capital—25

369

46%

Jan

60%

Sep

1214

560

5%

Jan

13%

Jun

387b

320

25 Va

Par

Atlas

Drop Forge, common

29 Va

Jan

46V2

Sep

Last

'

"

'

'

■.

Aluminum Industries

——'*

/..

305

./•—5
10

—.

Chrysler Corp common..—.—
Consolidated Paper common.—*

Cleveland

Detroit

&

Detroit.

Edison

Nav

C N

& T

O

P——

Cincinnati. Street
Cincinnati

20

Dow

Stock

Union

*

Eagle-Picher

7

10

_

Formica Insulation

/
4

•

—

Gibson Art

Kahn

1st

30

_4—*'

U

U.

S

Playing

S.

B

i_10

Feb

101

Aug

Jun

9

Jun

Jan

—.L—

:

*

Jan
Jan
Jan

a

74% July
9%

Jun

Mid-West

American

Rolling Mill—

'

:

—25

Columbia Gas

General

Parke,

Peninsular Metal

30

May

Jan

Jun

,2V4

Feb

Brands

123«

Nov

43

Jan

July

101%

Nov

Feb

32%

Oct

Jan

6%

Oct

10 V2

Invest

Reo

;T,

.,

For footnote* see page

.....70
'

—;

!971,




•

49%o

26%

13

<H

200

-

1,100

v

155

Jan

/v

5
Apr
22% July

■

Jan

414

Apr

3%

Jap

6

Apr

1% Mar

2%

Oct

3%

Jan

6%

Jun

Jan

4% May

2

.

44%
1%
83c

Jan

56

July

Jan

3% May

Jan

2% May

Car common—

58

228

Jan

4%
42

Oct

July

Jan

10

Oct

Jan

54

Nov

Mar

4

2

Jan

Mar

16 V*

170

350

44V4 Jan

55% July

25

29%

Sep

16%

Jan

11% July
83 c

2CO

51c

6% July

Jan

338

*—

19%

Jan

Jan

1

Jan

540

1%
—

13c

Jan

450

520

—

Jun

1%
62c

,

Apr

23% Aug
4% July

1% NOV
28c

Apr

Jail

2% Jun

Jan

1% May
6% July

4%

Apr

1,325

1%

Nov

2% Mar

340

5%

Jan.

11% July

210

1%»

500

Jan

5

28

Jail

32

76c

Jan

2%

May

3%

1

—

.3%
30%

285

1V4

1,600

1%

1%

200

r.,1%

Jan

294

—

...

30%

1V4

*

—*
—.—

2'%

900

850

—

4%

Jan

10%

Jun
Nov

—^.1
2

common

May
1% July
2V4 Mar

*
common.—U—.-—-10

common..—..J.—

300

3%

Jail

3%

Jun

10%

Jan

14%

Apr

360

12

Jan

1%

350

—

2%

200

...

2%

Jan

4%

Jun

Stearns

Pattern
Tube

1
1

3%
2V4

400

1

common

"B"

(Fred'k)

common......

1%

1V4

Jan

2% July

Timken-Detroit Axle

common

Union
S.

Investment
Radiator

Preferred

Cooler

5%

Jan

2 %

13 %

Jun

16%

Nov

130

24%

Nov

33 %

Nov

2%

Nov

500

1%

Jan

200

3%

Jan

5%

100

1%

Jan

3%

—50

95

16%

Feb

1

common

....

common
—

class

1%

280

1

Tivoli Brewery common
U.

2,700

*
10

common..

A—...
—

*

*
* '

4%
25

300

6%

3%

200

—

68c

Jun

Nov

Walker & Co class A
Warner

Aircraft

common—_—

*
1

Wayne Screw Products common^—4

28
1

28
1

4

300

7%

2% May

17

Jan

1%

400

1

Aug

175

3% Oct

•

Oct
Jun

July

Jan

4

28
••

29

May

Jan

July

142

Jan

Jan
Jun

4%

Jun

Jan

10%

4%
9%

400

.

1
*

Products common.—1

common:

W»

Sheller Mfg
Standard

Jan

.

200
170

7%

River Raisin Paper common,

Simplicity

3%

3%

542

10

common

Scotten-Dillon

Nov

6

51%
26%' 27%

"49%

300

Jan

3

2

.

—..50c

...

Motors common.——...

Rickel

July
Sep

Feb

Jan

Prud

Motor

Davis

Class B

12%

4% July

Jan

30

•

3%

Motors—;—

6tandard

.

common

Packard

4

•

Abr

Jan

Universal
>

7 % May

Jan

17%

200

2,100

--I

Micromatic Hone common.—*

13% May

3

"

Apr

Jan

1

2,982

314

—

2

Michigan Die Casting common.
Michigan Sugar common.———

35

:8

—50

;

2,912

21

1,163
-

—.1

common

32'A Mar

;0%

—

Oil

Jan

:6

54%

Card.*——10

Unlisted—

4%

4

3%

-

.

common.——..1

Prod

Screw

Jan

2%

—„_—.«

250

3%

common...—10

S)

Murray Corp common

Jan

1

IS

23 Vb July
4Va Nov

:838

__

/

—

—1

Waco

•:

Nov

1%

100

—

Frihting.t.-:

Preferred

McClonaban

8V2 May

preferred:—*.

preferred.—...
class

Nov.

.

63i

:4 Tb

6

—

Randall

Masco

100%

7'

31%

Procter & Garr.ble..——_•

15

3%

4%

Sep

;5

*

.......*j.'—— —
Manischewitz
;.l—

83% July

Jan

...

—

1

LaSalle Wines common.—

Jun

Jan * Vv"

:0

40

—2.50

Magnavox

8',

10

Nov

:0

■

preferred^-.—'——4—...-i.100

Pumps

Sep

6% Jan
-

100

:—..—

Kroger

National

Kresgc

1V4

.1

class A-j.;

Hobart

Lock & Ml'g common——

11

7%
>>■

30'/a

——.

Preferred

Hurd

28V4 July

:8 V

__

♦'

Hatfield

High

Jan

2%

_/

.1

Hall Lamp common.....*..,——.—5
Houdaille-Hershey "B"
*
Hudson Motor Car common—
—*

Jan

7'4

4

Early & Daniel— .4*4— 41——774-4u—*

Jan

12

common.....——10

0

:

*

Drug

68

100

'

Range Since January 1

9%

—

,

.

498

2,090

200

common——.
1
common—.——_—.1

7%

71

•;

Yards...——*%<■/

——

Jun

5»4

20%

3%.

common.————~1

4;

7%"

15%

3%

.

—

3

Industries common—

Finance

IV2

.100

—.50

—————

Corp

Crosley

.—20

Telephone.——————50

"Cincinnati

Wood

6

101V*.

Jun

Jun

7.9%

30%

15%

common——*—*

5%

Advertising Prod

Apr

% May

Jan

21

4%

4%

common—10

common-

0>4

.

..

Del-Michigan Stove common.—1

Graham-Paige

Low

91/3

Cincinnati Gas & Electric preferred* 100

/

75%

15%

4%

*

General Motors

High

8

—

Cincinnati

75

75%

—1

Continental Motors common

Sales

.20

7

395

Goebel Brewing

for Week
Shares

8%

Jan

_/

4/

———

Baldwin

Low

Par

Laundry Machine—

American

-

Range
of Prices

High

Jan

4%

Manufacturing common-.*—/.1*
Burroughs Adding Machine.—.,.
_*

General

compiled from official sales lists
Week's

Friday
Sale Price

Lore

5%

/•■;/1,377

.

Nov

Cincinnati Stock Exchange
:

Range Since January 1

High

.

Briggs

Gar

>

Shaics

100

1

Frankenmuth Brewing common...

STOCKS—

Sales
for Week

of Prices
Low

5

Baldwin Rubber common./

Federal Motor Truck

Nov. 6 to Nov. 11 both inclusive,

Week's

Range

Sale Price

Crowley, Milner common——

common

inclusive, compiled from official sales lists

40

Brands—

Studebaker Corp

Nov. G to Nov. 12 both

Apr

May

15V4

16%

•

(The; common

Standard Oil of New Jersey
U. S.

54%

—♦
*

Republic Steel Corp common
Standard
New

50 3 a

.5

—

o? America

Radio Corp

Apr

35%

—*

common

capital

31%

»

i

Corp—/

Pictures

Inc

Pullman

Jun

Nov

•

—

York Central RR capital

New

11%

24%

'''

—*

_

Interlake Iron Corp common
Martin

Jan

1,100

1

—,

Co

6%

25%

56

common

———

510

24%

52%

50

Bethlehem

9V4

24%"

•

com

Copper Mining.

28

Jun

Nov

1% Mar
5

Mar

THE COMMERCIAL & FINANCIAL CHRONICLE

1968

Monday, November 15, 1943

OTHER STOCK EXCHANGES

Los

Friday

Angeles Slock Exchange
Week's

Friday
Last

stocks—
Par

5% %

Consolidated

Barnhart-Morrow
Diamond

Blue

35c

1.20

13 %

Preferred

a

*

12

4
Emsco Derrick & Equipment Co——-5
Exeter Oil Co Ltd class A————1
.Farmers & Merchants Nat'l Bank—100
Farnsworth Tire & Rubber
—General Motors Corp common
10

a425

Goodyear Tire & Rubbor
Development Co

Co

Jade Oil Co

Co—-r.———

Mfg

Menasco

,

CoCo

Petroleum

Merchants

Republic Petroleum Co
Oil

741
100

35

11%

Oct

26%

14

Jan

4%

Mar

41

July

85c

May

Jan

10% July

14c

Jan

46c

July

lc

1,000
2,000

Jan

9c

Mar

Jan

6%

1,080

11%

34c

762

27c

Jan

654

13%

Nov

24 3'a

13%

454

70c

70c

800

Jun

40c

14 Va

1.00

1.05

6,545

18c

8

13%

Sep
Nov

97V2C

Jan

1.80 May

26c

Aug

35c

July

9c

Jan

36c

May

35c

Jan

60c

May

9

Mar

500
400
..:

Feb

Mar

70c

Jap

57V2C Mar

700

.

Nov

55 % July

Jan

57%c Jan

325

10%

440

.

4%

200

Jan

..."

29%

29%

706

23%

Jan

30%

Sep

33

33

100

29

Mar

33

Nov

40

576

34 Va

Jan

44% July

5%

5

5%

~9

1,975

2.10

Jan

47 Va

20

43%

Jan

50

9 %

47%

305

7%

Jan

a

12%

3

12 %

32

32

Jan

42

22%

.17%

Jan

27

876

7%

Jan

13

2,859

21 Va

Jan

30%

665

30

Jan

30%

336

28%

Feb

32

Sep

35 %

175

32% Mar

37

20 -

23%

3,540

16

Jan

30 V* May

36 %

36%

37%

2,925

28 Va

Jan

39% May

5%

633

1%

Jan

*

5

"7%

7%

8 Va

19%

19%

20%

18%

a

Prior preferred

Electric Storage
Motors

18%

19

3,595

6%

66

15%

Sep

10

Jan

19% Mar

2,560

6Va

May
24% July

V

Jan

22% Julv

Alaska

Co——10

Mining

Gold

Juneau

5%

5%

Mining Co—10c
Co—1

..

Viscose

Anaconda

Copper Mining Co

Transit

Topeka & Santa Fe Ry—100
Co
25
13

Atchison,

Invest

United

—5
5

Bethlehem Steel Corp—
Borden

al3%

Aircraft

Vultee

Consol

Continental Motors Corp—
Continental

Oil

(Del)—

Co

Curtiss-Wright Corp
Class

—--1

Electric

Bond

Electric

Power

Share

&

General

Foods

Graham-Paige

*

——

Co

599

3%

Feb

43% July
156% July

48

Jan

6

July

3%

Nov

64% July
674 Apr

12%

Feb

19% May

115

13

Jan

19
July
38% July

90

552

35% July
55%

Nov

30

15Va

Sep

15%

117

28 V2

Aug

29 %

25

29%

Feb

34%

Columbia

44%

45

42 Va

Jan

4%

160

4%

22%

Jan

3/„

13%

Oct

5

&

20 %

16%

300

4

Mar

4

200

2

Jan

6

25%

570

31%

Jan

39

Ruud

40%

25

35%

Jan

42

—

60

36%

Apr

28%

—-

•

30

30

247

Jan

35

7

6 Va

Standard

54
21

43%

80

36 Va

Feb

Brands

Standard

1,975

10 %

Jan

20 V*

Apr

9%

300

Nov

14

Apr

15%

20

10% Jan

18% July

Brown

16%

16%

70

12

21

July

Burkart

5

May

3%

27 Va

21%

%

22%

8%

V

16

81%

-

81%

12%

<

16

Co———

Texas Corp
Texas

Tide

Gulf

——

May

Jan

2%

Jan

a

914

5

Jan

630

14% Jan

323

■

59%

Jan

23%

35%
19%

Oct

July

87

Nov

15

July

Apr
NOV'

25%

28

8%
12

26%

78

1

\

,

29% Nov

29%

345

28%

Feb

36% July

408

47%

Jan

60

25

7%

Feb

225

12%

13%

35

a77%

79 Va

110

92%

94%

5% Jan

Sep

9% July
13

May

5

United

a23%

5

27%

For footnotes

see

page

5

1971.




26% Aug
50% Aug

183

United Air

1

common—

Manufacturing

Nov

8V4 July

1,000

3%

14%

"

15 %

78

8%

217

7%

1%

14%

285

94%

574

3

Jan

4%

Jan

36

250

Oct
Oct

6%

Apr

58
Sep
10% Nov

Jan

274

Mar

July

98%

Feb

5%

July

2

Jan

96

20%

15%

84%

225

7.

8

95c

Feb

"

20

60c

Jan
Jan

25c

300

76% ■

60c

Nov

1

30

.

3%

18% July
9% Jun

Nov

5%

Jun

9%

2,000

■:

Jan

8%

100

1%

5%

1374 Jan
.

624

60c

3

574

•

Jan

55c

293

15%

3% July

Nov

9% May

Mar

574

100

1% July
24% May

Jan

Co.

&

1922

St. Louis 2, Missouri
Phone

CEntral 7600
Postal Long Distance

Bell Teletype SL 693

Exchange
Shares

Range Since January 1
Low

High

46

5%

for Week

Range
of Prices
Low

•

Sales

Week's

46

f 5%

40

50

6%

5%

25

25

27%
1

974 Jan
81 Va

Oct

Bottling

Brew

Preferred

15% July
84 %

Apr

Laclede
Landis

130

18 %

Jan

175

27%

Jan

29
Sep
39% May

52

Jan

7%

Nov

Jan

31

Jan

43

16

15%

Jan

24% Nov

200

3%

Jan

6Va

85

17%

Jan

26%

25

7%

Jan

13

10
,_1

common——.

*

r

20
—

Portland

Oct

Jun

Sep
July
7% July

109

6

148

3%

Jan

252

28%

Jan

38% July

Jan

7% Apr

36%

20c

5

135

16

15%

.7

common__25

30
200

35

70c

7%

Apr
Oct

Jan

18

Mar

Jan

12

July

20

Mar

9

120

Bearing Metals common
,_*
National Candy common—.
—*
Rice-Stix Dry Goods common
—*

National

Jan

14% Jan
12%• Jan

122100

Piping & Supply common—*

Missouri

5%

320

July

40c

—25

Midwest

Cement

v

com—*

common
common

•

—1

common-

11
•

Jan

16 % Aug
16% Jun

14%

Jan

430

674

Jan

10

Sep

A——1

39

8%

Jan

11%

Jun

St Louis Screw & Bolt common——15

St Louis Pub Service

Preferred

Scullin Steel

common

120

40

Sep

common-

-

:

common—

-

—

common—.

222

12

Nov

12

Nov

—100

——

Scruggs-V-B Inc
1st preferred

Sterling Aluminum

382

High
46

25

————————100

Steel

Apr

1

common

common—

Machine

Jan

*

Century Electric Co

80

100

Nov

100

Nov

—5

60

100

105

8%

Jan

16% Nov

97 Va

Feb

105

*

15

7%

Jan

15

July

—1

65

6%

Jan

12

July

10

6%

Feb

10% July

310

24%

Jan

34

17

.

NOV

2% May

Stix, Baer & Fuller

Wagner

Electric

common

common—

a37%

51%

6%

92%

:

50
*

Laclede-Christy Clay Products

% July

29%

Jan

•

Shoe

preferred

20

Jan

Feb

„

1474 July

50

1%

Par

American Investors 5%
Common
;

International Shoe

Jan

42%

United States Steel Corp
Warner Bros Pictures Inc—

Jan

6 %

50c

Sale Price

12% May

10 V*

24 V*

10

Jan

8%

14%

Last

STOCKS—

Hussmann-Ligonier preferred ser '36-50
Hydraulic Pressed Brick common—100

16

*

Jan

2

7%
55c
'•»«-

North 4th St.,

Aug

90

United Corp (Del)

6%

19%

Nov

12% Jun

79

U S Rubber Co—

Jun

120

3%

—

21%

33% Aug

65

47

Lines Transport
Aircraft Corp.

1

;

Jun

5%

499

8V4

';'.•s

1

common.,

Falstaff

35%

92%

3%

8%

——1

common-

Springs

Glass

31%

408

4%

4%

Coca-Cola

34%

a

7%

Jan

137'a

10%

Apr

46 Va

al2%

17% July
7% Jun

50%

Jun

16%

11%

10

Jan

4V»

31%

a35%

Co—

10

10%

2774

a46%

Oil

220

50'A

Jan

25

Water Associated

11%

4%

15% Jan

532

a8%

Union Carbide & Carbon Corp
•
Union Pacific Railroad Company—100

11 % Jun

3%

5

24

Sulphur Co————*

(The)

Jan

50'A

63 %■ July

240

1
—25

6

Screw & Bolt Corp——*
Steel & Foundry pfd
100

21% May

12%

56%

&

Apr

75

85%

56%

Swift

Jan

180

18%

13%

;

—*

Jun

19%

—*
—..

9

874

12%

33%

—

5Va

Jan

19%
33%

~

174

774

94%

Steel

High

25

6%

*

100

345

;

14%
; 9V4

a26%

Corp

LOW
65

3%

25

& Gas

Range Since January 1

High

7 V2

10

Plate Glass

Sales
Shares

7%

—10

161

,

35%, 36%

0

Webster Inc

1,190
v

23%

25%

Company (Indiana)—25
Standard Oil Co (N J)__——
-25
Studebaker

j

3%

a22

Oil

Stone &

Oct

for Week

■

al4%

Inc——

Jun

2%
16

25%

4 Va
»

*

.

48 Va Jul^

16%

3%

a

Jun
Feb

24%

Friday

18

al6%

Socony-Vacuurp Oil Co
———15
Railway Co———,——*

12%

St. Louis Stock

al5%

'

150

Nov. 6 to Nov. 12 both inclusive, compiled from official sales lists

180

9

"9

1574

7%

*

—

———

Brewing common.:

Apr

54 %

Southern

Standard

30

22%

Aviation, Inc. ——1

Republic Steel Corp——.—*
Sears, Roebuck & Co
——*

Jan

1%

3%

10

300

15%

Radio. Corp of America———*

17%

6,983

Established

a42%

a3 6

563

2%

Edward D. Jones

22%

*

...——.—L.—

32 Va

2% May
35% Sep

St. Louis Listed and Unlisted Securities

54%
a22 %

Pullman Incorporated —————*

2% Aug

Jan

Range

10

Westinghouse Air Brake

500

a 27%

Pure Oil Co

1% July

Jan

32

Week's

25%

.—1

Fuel Supply
Fireproofing Corp

United States

6%

*

1

Feb

12

173

of Prices

*

—

common

—

Aug

Inc

%

331

Low

—5

Mar

Co———-—*

1,300

1 %

11%

Refractories..

16% Mar

Car

1%
1%

39% July
2% May

Feb
Nov

Pictures

Feb

63% Mar

2%

—

—

Radiator

Shamrock Oil

Oct

37 Va

36

Motor

43%

Jan

30%

■<

*

Manufacturing

July

39%

Oct

Packard

Oct

48%

%

Sale Price

Gas

Pittsburgh
Pittsburgh
Pittsburgh
Pittsburgh

May

Jan

Paramount

Oct

3774
.

Nov

1%

74

7:;72%

Electric

Walker

Mountain

9% May

a37%

Pennsylvania Railroad Co. ————50
Phelps Dodge Corporation———25

11%

New York Stock Exchange
St. Louis Stook Exchange
Chicago Stock Exch.
Chicago Board of Trade
Associate Member Chicago Mercantile
Exchange
New York Curb Exchange Associate

7

&391

Co——_———-*

30% Mar

Jan

'

1%

——V,..' •'

Nov

6%

American

Jan

93

17%

30Va

North

22%

7v2%

78

Nov

1

Ohio Oil Co——_i————i-—_i—_*

34%

60

17%

70

5

American

22% May

Jan

38%

:

July

630

North

Jan

26%

.7

Members

27

RR

7

37%

Apr

70

Central

26% Jun

14%

20

250

15%
327s

15

7% May
37

12%

York

34% July

65

9%

Jan

27 Va

New

Oct

26% Aug

7,322

Feb

7

Montgomery Ward & Co Inc————*

21%

Apr

914

~~25

Sep
Apr

Apr

30% May
13% Jan

27%

Nov

200

Inc—————18

14%

32%

?. '* '

6%

1%

—

'

5%

32 Va

,

171

21%

20%

14%

4%

24%

Robbins

2,037

7.7 225 :

8%

>

Oct

12%

&

25

32%

277a

Apr

a27 Va

Inc..-

24 Va

32%

—

Steel

1 Va May

•

Loew's

23%

24%
,

__

—

Jun

26%

»

McKesson

16%

29%

lVa

Libby, McNeill & Libby—

5,417 i

197a

10

a2434

—

Jan

20]a

7% Jun

Jan

200

1

Copper Corp

3%

23%

750

7

Ry Co———_—-—*
Corp-

7,153
2,575

<■

Brewing—;

Star

Sep

.,'3%
34%

47a

9% May
8% Mar

Apr

Jan

85

31%

6%

Jan

July

*45

Jan

50

700

ni}

4%

2

69

International Nickel Co of Canada
Kennecott

..

common

Candy..

Gas

Pitt

Nov

v

International Tel & Tel

.

Inc

Duquesne Brewing

Sep

33%

31%

16%

Jan

Jan

150

4%

16%

3%

% Nov

290

a31%
a

Corp

common

(D L)

National

16

25

10%

————*

Motors Corp,—

Northern

Great

alO%

*

Corp

(B F)

53%

44%

%

Corp———*

Co

Electric

General
Goodrich

131 Va

350

28%

5

Co—

& Light

39% Aug

513

13%

—1

A

50

4%

a3%

1
—1
5

Corp

_

Co.

Byers (AM)
Clark

Sep

56%

a25

4%

Improvement—

Blaw-Knox

Jun

6%

31%

*

Jan

.—*

_

45% Sep
43
Sep
56% July

Jan

2%

27%

•

——

11%

16

0

& Southern Corp

Commonwealth

3%

50

4%

20%

Allegheny Ludlum Steel—
*
Arkansas Natural Gas Co common——*

Jan

710

41

27%

25

Co——

Commonwealth Edison

73

5

2514

Par

Lone

34%

a

8%

3%

5

Last

Harbison

Jan

13

5
*

Borg-Warner Corp ——
Caterpillar Tractor Co
Columbia Gas & Electric Corp

7%

3%

■

Friday

Oct

Nov

a33%

Co

8

1

_

Corp

STOCKS—

Sep

24%

15%

1

Boeing Airplane Co

Jan

May
Apr

Pittsburgh Stock Exchange

7c

32 Va

33%

a

44

Oct

Sep

Nov. 6 to Nov. 12 both inclusive, compiled from official sales
lists

7

135

55%4

Corp—

1.417 ;
2,297

3

distribution

Westmoreland

1.25

Jan

825

3%

a33%

~5

Co

Aviation

Bendix

51%

_

Gas

Feb

41%

14%

49%

—

Ex,-stock

Jan

155%

50%
a

a27%

Oil

Barnsdall

3%

25%

"3%

Jan

-50

Corp common.—
preferred

2c

24%

Locomotive Works v t c

Oil

Preferred

85c

38%

4(4

Atlantic Refining

Baldwin

275

41%

--—r~t!

Jan

33%

16
158 %

Jan

16%

«

50

-

United

5,000

•

9

152

24%

50

(111)

Co

154%

a

14

Corp

American

&

9
a38 %

1%

'

123

58%

National

•
American Smelting & Refining Co
•
American Tel & Tel Co
-100

*

25

39%

Oil

500

"6c

1.15

Stocks—

Unlisted

Armour

5%

6c
1.15

Amer Rad & Std Sanl Corp—

519

41%

38%

'

'

Scott Paper common

Fort

Cons Chollar Gold & Silver Mng

5%

41%

i

5

25

_

preferred

Dome

Follansbee

Mining Stocks—
Black Mammoth Cons

pfd

__

preferred

$3

85% July
7% May

4%

49%

•

common——

__

Sun

10%

Jan

;

474

preference

2nd

10

Jan

385

38%

*

common..,

Philadelphia Elec Power 8%
Phiico Corporation
Reading Co common

Salt

Jan

6%

125

27 %

Pennsylvania RR
Philadelphia Electric Co

1st

3

67 Va

325

Pennroad Corp

$1

19% May

7%

•»_

Light

Jan

5 Va

*

&

11%

75%

•

Power

325

16

11% Mar

41%

—10

Lehigh Coal & Navigation
Lehigh Valley RR

Jan

4%

:

•

National

127%

6%

«

Battery

High

218
754

74%

'

75

•

General

Low

15%
155%

14%

7%

common

Sep

35%

£

Co

32% Aug

29%

25

Pub

:

5

_IIa

;

14%
'

•

•

—

Chrysler Corp

25 V* July

30

Air Inc—5

Budd Wheel Co

13

,

Range Since January 1

High

152

154 %

7

July

23 %

6

21'/a

—-—

Baldwin Locomotive Works v t c
Budd (E G) Mfg Co common.—

Curtis

14%

-100

Jun

11%

25

California

Tel

Jun

22%

!

25
25

of California

&

46% July

10%

22%

Tel

5% Mar

Jan

a22%

—15

American

Low

•

Shares

Sep

Nov

3

4

40

40

;

of Prices

Par

American Stores

Sales
for Week

Range

Sale Price

Sep

35%

2,900

42%

Jun

6V2

8% Mar

20

12%

3

a42 %

Jun

1174 July

9

3

J

Transcontinental & Western

of

7%

Feb

May
May
Aug

Jan

9

100

6

Corp--————-—J
Transamerica Corp
Oil

19 Va

44%

181

70c

25c

Oil

Union

405 V8

3,081

al8c

Pacific Co

Sunray

1

47c

Inc

preferred C
Calif Gas Co 6 fio pfd A
Co

425

12%

1.05

*
2

preferred class B—

Oil

50c

13%

Corporation— ——Edison Co Ltd
20

Standard

12

10

70c

•

southern

Jan
Jan

39%

5 Va %
So

,5%
20c

32c

Southern Calif

6%

300
400

13%

1
50

Security Co ———:
Shell Union Oil Corp
Oil

10%

25c

Ryan Aeronautical Co.

Sinclair

Jan

47c

common—

Safeway Stores Inc

.

7%

Jan

25

—

Markets,

Public

Roberts

540

8
Sep
66% July
12 % Oct

25

common

—

Corp

Nov

1

■

Richfield

22%

Jan

54 Va

-1

Electric common

preferred

Aug

3%

140

32c

10

--1

1st preferred———
Lighting Corp common

5 % 'U

19 %

3,040

4c

—

&

Gas

Oct

51

Pacific Clay Products

5Vz%

10%

6

Oceanic Oil Co

Pacific

Jan

35c

Occidental Petroleum Corp—

Pacific

6%

4c

-1
-10
1
1

Angeles Investment Co—
Oil

1,495

35c

---1
10c

Petroleum Co

Mascot

Sep

10c

Lockheed Aircraft Corp—
Los

81

10c
—

Lane-Wells Co

Lincoln

10% May

Jan

7pC
7%

—

Corp—

Petroleum

Intercoast

Nov

68%

35

1

Co-

Cat-

Motor

Hudson

5%

200

Week's

Last

STOCKS— 7

Jun

9%

—

Friday

Jun

July
Sep

12%

Holly

14

28%

50%

9%

2.05

Jan

12%

425

Gladding, McBean & Co—

Jan

7%

53 %

32c

40%

Philadelphia Slock Exchange

Jan

9%
32c

Jun

Nov. 6 to Nov. 12 both inclusive,
compiled from official sales lists

75c

1,976

8%

Mar

36

Oct

7%

-

325

2.00 Mar

53 %

49

37%

Jan

Jan

Mar

6%

50 Va

Oct
Jan

Jan

j2%

Sep
Sep

23%

Vat

37

48%
82

402

v

50c

19

22

21%

7%

1

•Douglas Aircraft Co
—
Electrical Products Corp.,,

10

A'

15

21

8

5

82

•

47

155

77%

4%

35% Aug

48

Jan

470

8%

21%

—-

—

America

of

8 >4

—-1

Range Since January 1

360

Feb

6

a 74%

92

41%

Jan

1.35

726

24%

a88 Va

10c

25

5%

-*

Jan

7

100

•"'V

41%

50

(F W)

4% May
5Va Oct

50

49

°

Consolidated Steel Corp—

■

a49

100
-l

Corp

Creameries

...

1.40

13%
a24%

Co

Aircraft

Chrysler

1.85

100

l.

Shares

30%

500

common—— '

California Packing Corp

3%

Woolworth Company

of Prices

High

Feb

200
10

—.1

Central Investment Corp——

1.80

750

35c

1.85

Broadway Dept Store Inc common

Cessna

4%;
11%

2

Corp

1,353

45

—1

Chica Oil Corp———

Bolsa

4%

11%

—50

'

preferred

Range Since January 1
Low

2%

45

Corp common—

Barker Bros

Shares

High

214

1

Company

Petroleum

Bandini

Low

50o

Inc

Aircraft Accessories,

for Week

of Prices

Co_

Westinghouse Elec & Mfg CoWillys-Overland Motors Inc

Sales
for Week

Range

Sale Price

Western Union Telegraph

Sales

Range

Sale Price

Week's

Last

STOCKS—

Nov. G to Nov. 12 both inclusive, compiled from official sales lists

39%

225

33

Mar

45

Sep

51%

51%

391

48

Jan

59

July

St Louis

Car 6s

11

11

105

Jan

15% July

St Louis

Pub Service 1st

7%

10

15

32

Oct

BONDS—

extended--—-—1945

mtge 5s—1959

91%

91%

$1,100

85

Mar

91% Nov

98%

98%

$2,000

90%

Feb

99% Sep

tffti.

»5, • 7«Ct,-yv?-yi'i;

*%» w»,w»;^.*»r«!

r.^ewl-S®!

7-vyJtt^^rTtW.''TFi^vT*l^,s^^'«lT^^"iiiW'^?'*^
<M#MMiitfMaiitiiyiiaBiii|teiasMitoA^^

[Volume 158

THE COMMERCIAL & FINANCIAL CHRONICLE

Number 4229

196S>

Montreal Stock Exchange
Canadian

'.; ::',:v>>'';:.
•'•>•

'••-'V.;

•

:;

•

,('■.,■•■■"■-';■

>

Algoma

Steel

Aluminium

"

■•;

>■' ",U

■.

common,.

Ltd

10

common

common

Bell

Telephone Co of Canada,

Class

22

—

British Columbia Power Class A

100

Celanese

Preferred

Canadian

%

Oct
Nov

34

Feb

1,680

7%

Jan

12

July

1,230

25 Va

Oct

,:27%

35

27%

Oct

31

:

Jan

185

29%

27

70

37 %

Feb

32

75

-

145

29

29

42

28%

36%

,100

,

6%

Jan

8%

145"

___._100

July
14 % May
38
May

Jan

26%

28%

•

common

——I
Canadian Converters

1.45

Sep

12

Jan

27%

32%

8

8%

31%

Sep

106% Aug
26 % July

Jan

130

25%

.—25

7%

9

Jun

8%

Apr

1,461

32%

25%

—25

—J,_

57/a

5%

41%

Preferred

310

41V4

5

5%

common,

Preferred

Canadian

9%

156

Preferred

New

Feb

32

5% May

Jan

Jan

31%

July

9

20

2,160

29

17

92

10

28%

Jan

50

9%

Sep
Sep

Jan

192

32

Canadian Bronze common,,:—,
Canadian Car & Foundry common

4%

1,00C

>'

158%

Jan

20%

104

Feb

Mar

5%
13

Feb

15%

Jan

2

175

8

20 %

___50

23%

■

975

16%

Jan

14%

335

10

___

Breweries

40

3

9

Steamship common
preferred

141

May

25% July
21% Nov

12% Mar

15,080

8

103

103

___

V,

281

25

7%

7%

'

23%

16

16

Canada

Canadian

Jan

1,207

157

8

common

Preferred

15

160

495

25

—

Canada Porgings class A—
Canada Northern Power

103%

Jan

13

3

Canada Cement

Feb

21%

21%

20%

—

Building Products class A

5 7a '

V*

.

—

100%

24%

155

B

Bruck Silk Mills

133

12%

157

10

Brazilian Traction Lt & Pwr

Nov

20%
13

July

100

23

r—u

Bathurst Power & Paper class A

11

Feb

111

101% 101%
23

___,

Breweries

High

258

100

100

100

—

8%

5

10

133

'

July
Sep

Feb

17%

>

39 %

Oct

150

Sep

Jan

33

May

common—___——100

106

100

106

1C

126

15

120»/a

25

Feb

126

Sep

0

25

Feb

33%

Apr

0

5

5%

1,760

3%

Jan

6V«

Nov

5

5%

200

3%

Jan

6

Nov

Jan

26

Jun

Feb

12% May

Locomotive

Cockshutt Plow ;

:

~9%

25

l

8%

25

25

20

20

Canadian Pacific Railway

■

9%

12

5

7%

13,014

12

*

475

9%

Jan

13%

38%

726

37%

Nov

46

July

28

38%

0

12%

37%

_

Consolidated Mining & Smelting
Consumers Glass

6%

Power

&

Paper

Distillers Seagrams
Dominion Bridge

common

28

400

27 % Mar

29

July

Jun

;

33

685

26

Jan

41%

25

745

22%

Nov

31 % July

15

24

•

.—25

36%

22%

36%

•

Dominion Coal preferred
Dominion Steel & Coal B

15%

230

11%

Jan

16%

Oct

Jun

25

•7%

8%

2,875

7%

Nov

11

,*

Dominion Stores Ltd—___

9%

9%

50

5%

Jan

10% July

Dominion Tar & Chemical common,,,*
-

8

7%

100

.__

Preferred

155

»

July

..

Foundation Co of Canada,.:,—

4%

105

Nov

Nov

81

Mar

151

July

156

Nov

5%

200

15

.

Apr

72

910

7%

15

9% July

Mar

96

37

155

.

4%

4%

6

45

235

73 '

7

Prod—,:.,——*

1,085

105

72 '

72

.100

Heating

8%

105

*

common....,.;

Dryden Paper
&

Wares

3

100

Ltd

10

7%

0

common

uypsum, Lime & Aiabastme,,,—

ll»/4

8% July

Feb
Jan

14%

:

7

Jun

16% July

Feb

2,827

8

Jan

30

94

109 Va 109%

,,.100

___

(Charles)

11

•

common

Preferred
Gurd

British

Smith

Paper

11%

,5
*

7%

&

Canada

Dominion

27

4,725

5%

Jan

32% July

45

45

-45

2

12%

Feb

62

11

11

540

9%

Jan

8

8

250

5%

Feb

21

Jan

Northern

Canada

Wire

&

Pr

Canadian

Marconi

17%

131

17% Mar

195

17% Mar

97

99

25

91

Jun

101

110

30

107

Jun

110,

July

17

50

19

Jun

10%

'S,

•1

10%

40

'

Ltd

50c

55

1.60

com

1.85

50

1.85

*

preferred

Canadian
7%

Neon

General

Adv

Alcohols Ltd

__*

Ltd

Div Sec

>

Sep

55

l,06f

85c

Jan

50

54

50c

Jan

1.15

Jun

250

10%

Jun

*

i.

Tobacco

2

Jan

5%

75

3%

Jan

40

22C

25%

Jan

77

Apr

Oilcloth &

14%

Sep

Jan

110

Nov

11

11%

80

8%

Jan

12

July

Jan

14

13

13

10

2%
20C

155

Linoleum.

*

Dairies

3%

15c

Feb

45c

49

8

Feb

12

5

7,118

3

Jan

6% July

', 70c

400

60c

Nov

30

1.30 July
30
Aug

29

—*

5%

24%

3%

10

1.55

4%
v.••

525

3Va

4%

32

11

11%

150

5%

5%

2,900

■

Ltd

Jan

8

Aug

TZe

of

common„_5

Can

30

320

1,140

2%

4%

Jun

3%

1,400

3%

Jan

6%

Jun

*

23%

23%

23%

290

19%

Jan

24%

Companies, Ltd
*
Voting trust
;
*
Goodyear Tire & Rubber of Can Ltd__*

17

16

17%

231

12%

Jan

20

17%

16

18

7,740

12%

Jan

20% July

Ford

Motor

of

Canada

Ltd

11%

Internationa]

Paints

Class

5%

Utilities

13%

Jan

15% Aug

40

Apr

42%

pfd_—20
A———1*

17

Apr

18

Jun

18%

Jan

18%

Nov

75c

10

Jan

18%

15%

Jan

20

4%

Jan

7

7

100

19%

18%

Moore

Oil

6%

Corporation Ltd
Aviation Ltd

14%

Jan

22

July

25

98

Jan

104 %

Nov

25

45%. Mar

47'A

4%

4%

10

3%

Jan

7

4%

4%

10

4

Feb

4%

7%

Feb

Grain

Co

Ltd

common...—'

Preferred

Walker-Gooderham

$1. cumulative
Western

&

50

25

Mar

92

5

85

Feb

97

Feb

105

176

102

Jan

106

Oct

57

58

90

47%

Jan

64

Oct

*

2Q7/b

21

180

19%

Jan

0

4

4

5

3 %

Feb

21% Aug
7% Jun

13

13

50

Worts common.*

preferred-,

Products

1

Jun

Aldermac Copper Corp Ltd

Jun

Bidgood Kirk Gold Mines Ltd

Gold

11%

910

14

225

105

50

8.90

Jan

12

Jan

98 %

12% Aug

Jan

16 %

107

July
Oct

31

800

27

Feb

32%

14%

2.625

12

Jan

17% July

11%

1,575

10 % Mar

150

7

67/8

175

.-V-

17

108% 109

13

12%

Oct

Jan

7% May
Oct

Oct
Jan

25

98

Jan

23 %

330

19

22%

12%

13%

100

12%

13 Va

13%

20

9%

25

7

3,191

17%

Jan

Mines

1

—

15c

15C

0

Ltd

Lang & Sons Ltd

'.

(John A)

Laura Secord Candy
Lindsay (C W) common.

'•

'*

'
■

,—.3
0

;

—

4
McColl-Frontenac

8%

*
Oil

———*

(Robert)

—100

Light Heat & Power Cons—
Tramways

_

Breweries

Canadian

Malartic

Gold

110

July

Mines

62c

62c

200

40c

Mar

Cartier-Malartic

Gold

Mines

Gold

Mines

Ltd

3C

3%c

6,500

lc

Feb

4c

common

Preferred

33

Cadillac

•

—

3c

3c

10,000

2c

Apr

6c

Eldorado Gold Mines Ltd.

Lake

Gold

Rand

Mines

Shore

Car,

,—

Ltd

Oct

Pandora Cadallic Gold

Jan

Perron

Products

common...

Apr

8c

July

■,

Feb

16%

Oct

t'

Jan

6.10

Sep

1.00

1.04

1.02

85c

95c
1.20

5.800

6%c

6V4C

95c

95c~

1

•

16

Aug

Sigma Mines (Quebec) Ltd.,

9.25

14

Nov

Siscoe

8

Sep

Sullivan

5%

Jan

10

6V4

Jan

1,415

16%

Jan

6,344

18

Oct

27%

Jun

160

20

Nov

33 %

Apr

36

26

775

15

9% July
22

Jan

36 %

Jan

1,340
2,338

40

Jan

23%

23%

617

22

Oct

12%

41%

July

—1

Ltd

Mines

Cons

■

25%

30

10

115

93

Feb

107

b'/o

preferred
Quebec Power

.,,,100

;

88'/a

•

.

110

43%

Feb

53

Dalhouse^Oil Company Ltd
Home

Oil

17%

7

625

18

2,635

Lawrence
Class

St

A

common

Lawrence

Flour

Mills

Preferred
St.

•

6

Jan

60

60c

3,900

38c

Jan

l.u9

l2,OiU

68c

Jan

1.80

NOV

Jan

4.00

Apr v"

19% July
88 Va Nov

320

62

Jan

13

105

12%

Oct

16

—

100

%

13%

'^.L

'

.

•

32

•

2%

1.75 Jan

4,105
565

14%

11%

Feb

100

24

Feb

15

32

130% 130 Va

•

Paper preferred—,100

Shawlnigan Water & Power

2

14

common....'

—

Lawrence

Southern

Canada

of

30c

120

Apr

4

Jun

July

18% July
35

130%

42%

14%

44

1,Lj

32%

14 Va

14%

2,035

14

10

common

*

Brothers

Tuckett

new

Tobacco

—

105'

11

62%

preferred

*

9

100

common

Steel

Biscuit

152

Corp

4%

preferred—

100

Canadian

Feb
Oct

47

common

»

Preferred

6%

100
*

Pacific Consol

Aldermac

Oils

Ltd

5%
51
—

25

62%

of

Aluminum

footnotes

see

page

1971.




'•{

Apr

;

Range Since Jannary1
Low

'High

2%

Co.

Canada

70c

Jan

.

8,190

1.30

•

1.25

1.30

3,568

13 %c

Jan

9c

Jan

9c

Jan

13c

13c

1,760

15c

17c

11,600

99 106%

__

__

pfd.-lOQ

5%

Jan

2,625

27%

100

100%

705

Nov

99

High
4% July
33

Julv

1.60 July
17c

Jun

21c

Aug

•»<

133 % Mar

100%

Jun

102%

Feb

47c

Jan

84 %c

Jun

Jan

7.10

102

195

65c 68'Ac

3,200

6.50

6.95

578

51%c

64c

33,800

20c

22c24%c

16,900

18c*

100%

—66c

19%

Anglo-Huronian Ltd

Jun

Aquarius Porcupine Gold Mines——_*

10

Gold

-

4 Va

11%

Jun

Armistice

72

Apr

Astoria Quebec Mines.

'

Nov

9

10

152

:

Apr

156

Feb

Bagamac

/; 4 Va Jan

6

Apr

Bank

4%

A-:' 50

J

^

CV,

25

60 -i

Jun

75 Va

Oct

55

125

6

3,646

51

605

21

Jan.

July
63 Va July

18

70

13

Jan

18

•

140

156

157
243

140

—

1

22c

44c

;—__l

Ltd

11 %c

1

46c

98,125

3.15

3.10

3.25

,1

16%c

15c

17c

8,885

1

15%c

15c

17c

17,300

100

156

155%

157

50

68c

July

Oct

33c

July

July

60c

Oct

2%c

Jan

14c

Sep

1.35

,

4,080

>

Oct

Feb
f

Jan

3.50

Sep

35c

11,800

10%c 13%c

45c

Mines

3.00

Nov

152

;

Gold

Gold

9

75

50

;

Jan

5

18

—*

Mfines

Nov

.59%

Mines

Bank

47

2%

May
Jan

58

Jun

8 Va

of

July

Nova

of

Barkers

Consolidated

Mines

Montreal

of

—

Scotia—

Bread

Metals

;

Mining

Exploration

140

223
..

147

2

223

58

132

Jan
Jan.

Jan

160

Mar

254% May
150

Aug

class A

_*
——

Bell Telephone of Canada

Berens

1
1

River

Bidgood Kirkland Gold

0

100
—

:

•

,

,

'39c
1.61

23.%
—

158

._1

—1

May
Aug

161

Jun

Jan

259

Mar

Feb

255

Oct

Mar

3

Nov

Feb

40

Nov

245

3

227

240

15

234

3

110

40

90

10%c ll%c

10%c

■■

& Radium,

.

3

V

50

Bathurst Power & Paper class "A"—°

4c'
150

'

40

*

common_:

1,900

13.13%

50

8%c

Apr

Nov

17%c July
15

July

Oct
Jan

49 %c

Jun

1.87

Sep

12,700

1.73

17,405

70c

Apr

24

590

15

Feb

23

19 %c

12

35c / 3.9c

24

15

15

10

Oct

15

Nov

158

317

140%

Jan

160

See

700

70c

Jun

9%c

Jan

35c

1.00

38c

32,461

10

'!

'!

Oct

156
1,00

35c

85c
21

10c

1.60

%c July

Jan

245

—

19

ovaC

240

100
100

Preferred

Base

1

Toronto—.

Class B

100

July

4.00 July
26

Sales

Shares

23%

_•

Anglo Canadian Oil—

200

243

156

__Il00
Canada

46c

for Week

Range
of Prices

25

'

,,_*

common

Sep

Beatty Bros
,_100

Scotia

For

Jan

5

_1

Copper

Aluminium

Nov

Banks—

of

2.66 Jan

21%

Exchange

2

1

Beattie Gold Mines Ltd

Montreal

,

Funds

Low

100

preferred

Ajax Oil & Gas Co..

Bear

Royal Bank

25

♦

July

55

Electric

Zellers Ltd common

Nova

1,220

Week's

Sale Price

& Paper common—.

Power

9

75

--

Cotton

Winnipeg

Jan

30c

30

3.60

22%

Par

Abitibi

Bank

Wabasso

30c

3.50

Last

Bankfield
United
Viau

Oct
Nov

'

Power

Canada

9.55

65c

inclusive, compiled from official sales lists

STOCKS—

Aunor
Tooke

2.60

100

22%

3.55

Nov. 6 to Nov. 12 both

Arjon
Steel Co.

3.10

3.10

•

10% July

Jan

13

2%

50

:

.i
H
i

9.25

"

Corp

preferred

Nov
Feb

55C

—0

Limited

Company

Jun

9 V*

88 %■

Jun

6.50

4c

1.04 July

1.56

Toronto Stock

Alberta

St

1.10

Jan

55C

—0

Ltd

Co

Oil

Royalite

Sep

Jan

82%

--

July

2%e May
66V2C

100

1.56

Aug

53
;

82c

:

Feb

14

7

i!

6V4C

Oils—

Sep

102

15%

17 %

i; i

Jan

1

Ltd—

Aug

,

53

•

common

.;

Nov

3c

1.00

——1

Mines Ltd—

Gold

Friday

Canada

■('

Sep
Nov

Nov

15

-52

Nov

101
■■

Nov

1.16
1,26

Sep

33%
13 Va

*

common,,

-

'•

July

690

Jan

63 %c May

1,000

Jan

Nov

78c

5,300

1.12

97c

10,500

85c

Jan

41%

*

Aug

3.95

Nov

49

14

6c

1.60 Aug

11%

100

12%

101

3c

Feb

3%c

-

700

46%

*

!]
Sep/"';

Jan
Mar

100

f

3c

13%

Tubes,—;

■

410

5c

1.15

1.02

0

Mines Ltd—,—1

Mines Ltd

Gold

,

1

5.75

1

Ltd—

Corp

Mines

Sep

14 V4

5c
■'

80c

46%

*

common

i

:

14%

_z.

*

Lac Gold Mines Ltd.—

Mining

68c

lc

3,000

1

■■

—0

■

Ogilvie Flour Mills

-

5.75

Ltd—,—

Ltd

95c

*

new

Aug

80c

500

2,000

3c

—»

Corp

Noranda Mines Ltd

62c

2Vac

800

1%C
3 Va C

Lamaque Gold Mines Ltd..,,—

Gold

:

l%c
3 %C

Joliet-Quebec Mines Ltd
Kirkland

1.20

1.20

Mines Ltd—

19%

41%

-

Jan

—

80c

20

32%

25

:

Jun

'

62c

Ltd

Central

0

18%

18%

Aug

July

1.4,''

Ltd

i.'

8

20

7c

Jan

80 c

8%

17 Va1

V

20

21c

Jan

12c

Sherritt-Gordon Mines Ltd,

7%,

19%

•

100
•

—

Jun

2%c

500
500

Jun

7%
V-

Nov

35c

Wright Hargreaves Mines Ltd—,—'—*

Massey-Harris

13%

35c

26%

8

;•8

■

Nov

10c

900

7c

7C

•

1

Shawkey Gold Mining Company Ltd—1
23

23%

13

'

Jan

•

Oct

Mines—

6

common

Oct
Mav

92

105

pfd_100

cum

Flour Mills Co Ltd__

Steel

12

12

49 %

104

0

—

Southern Canada Pow 6%

Jun

720

47%

Reliance

Jun

Sep
July

19%

0

_*

—

Noorduyn

190

"Lake of the Woods

9%

Nov

103 104%

103

pfd. 100

cum

Quebec Tel and Power Corp class A__°

O'Brien

100

Jau

Maple Leaf Milling Co Ltd common.—0
Massey-Harris Co Ltd 5% pfd
100

7%

16

15c

125

Normetal

17

1,500

3'A

1,557

Little Long

.*

30c
17

8

21

5

1,265

17%

Jan

7

18

18%

30c

_*

Paper Co

July

16

17

&

90

May

18

cum

Corp

16%

39 % Mar

Preferred

15

25

17

24

*

common

80

14% 7
42%

*

Nov

International Power

15

14%

Power & Paper

Power

Oct

July

42%

1

MacLaren

Jan

;

•

10

B

Lake St John

89

89

Jan

42 Va

Jan

20 Va

'

14

100

Halifax Fire Insurance Company
Inter-City Baking Company Ltd

4%

11%

r

7

£1

Ltd

Co

A

Fraser

Jan

Co

Sep

7% Aug
35
May

2%

!
,1

5

13%

Corp com

3% Mar

28

pfd__100

cum

Ltd

595

v

•

3%

17

of

Nov

7% July
15%

2%

29%

Corp

Jan

29

1,610

Bros &

3%

Jan

9%

Sep

2%

2,367

Price

Jan
Feb

3

May

3 Va

22 Va

Power

Jun

5.00

30 %

Ltd

July

___"

29%

Penmans

3%

12c

29

*

Paper Co Ltd—

Aircraft

21

Page-Hersey

Sep

15c

Apr
2% May

12c

common

Fairchild Aircraft Limited

29%

Steel

7c

2,725

4%

4%

,20

Fleet

22

Ontario

12

300x

15c

15c

2%

2%

Oct

4%

50

28%

—

14%

f_,

Steel

Apr

48

60c

'

Donnacona

International Petroleum

National

7%

Jan

20c

Dominion Square Corp,,

Dominion Woollens

International Nickel of Canada com,,*

National

Oct

6%

••

'

900

104

_•

Preferred

Industrial Acceptance

Mont

Sep

3% May

39%

2.50

J-M Consolidated Gold

Montreal

Mar

65c

50

1*

Ltd

6%

13%

104

Bay Mming

Mitchell

169

Jan

53

5

47%

"A"

Paper

Corp
Cub Aircraft Corp Ltd

Preferred

Jan

30c

-

10% Aug

.

47%

•

•

common

Prefeired
Consolidated
Dominion

.148

100

''

'

Consolidated

Apr

Sep

.

40

—___100

Westinghouse Co. Ltd,,

Commercial

15% Mar

8%

July

22% Aug

5%

*

common

Catelli Food Products Ltd common....'
5% cum preferred
15
Claude

22 Va July
26

6

Vickers Ltd

preferred

Canadian

2

50c

55

Company,—_____l

•

155

155

1•

100

Canadian Power & Paper Inv Ltd

57o

165

23

21%

0

preferred

cum

Sep
11% July
8% Nov

21 %

>

97

Canadian Industries Ltd class B
♦
Candn Internat Inv Trust Ltd com—*

5%

4% July

17

pfd
100
6%% pfd___100

Investments

•

109

20'

7%

Cable

General

Jan

23

*

Canadian Dredge & Dock Co Ltd
Canadian

65c

20%

*

Ltd

Sugar Co

5%

11%

14

100

common—

Imperial Oil Ltd
Imperial

23%

"■

•

6%
5'/a

Preferred

Hudson

25

Ltd

5

*

Bridge

Hollinger Gold Mines,,
Howard

12,030

100

Columbia Packers

Canada

Beaufor

Hamilton

2%

Brewers & Dist of Vancouver Ltd__5.00
British American Oil Co Ltd—
♦

Western Can

General Steel

High

1.95

J 00

preferred
Beauharnois Power Corp
cum

McColl-Frontenac

Enamel

Range Since Jannery 1
Low
High

Low

•

common

preferred

l'/o

International

Preferred

Shares

107% Mar

103% Mar

126

126

,,___*

B

Dominion Textile

of Prices

Par

Abltibl

Eastern

Canadian Foreign Investment com
Ind Alcohol common

Canadian

Canadian

Sales

for Week

Range

Sale Price

1

Cottons

Preferred

Class

Week's

Last

•'

Aluminum Co of Canada pfd—'—5
Asbestos
Corp
wAssociated

Friday
STOCKS—

Range Since January 1
Low

.-4

Funds

inclusive, compiled from official sales lists

Sales
Shares

of Prices

Pat

•••

.

Nov. 6 to Nov. 12 both

for Week

Range

Last
Sale Price

<W:-

■

Week's

::V%3'Friday

•:•

STOCKS—

Canadian

Funds

compiled from official sales lists

Nov. 6 to Nov. 12 both inclusive,

1.10

63c

Sep
Aug

:

(

THE COMMERCIAL & FINANCIAL CHRONICLE

1970

CANADIAN
Last

Friday

for Week

Range

ale Trice

MARKETS

Sales

Week's

Friday
STOCKS—

LISTED

STOCKS-*-

Shares

of Trices

Range Since January 1

Ribbon

Blue

Par

Low

commonl-——*

Corp Ltd

Preferreh

Z._—;

—"

■

.

High

Low

8

8

320

—-50

42 Va

42 Vb

—1

8%c

9%c

Mines Ltd
3onetal Gold Mines

17c

1

19c

High
814

Oct

International

Nickel

29%

Jan

4214

Nov

International

Petroleum

8c

Jan

12c

Mar

Mines,

3,015

8%c

Jan

24c

11%

200

7.40

Jan

11 To

Aug
Sep

Jacola

Mines

13,652

14',2

Jan

2814

Jun

Jason

Mines

——5

8%

8

8%

45

5%

Feb

Nov

Jellicoe Mines

21

20%

21-%

1,475

17%

Jan

2214

Jun

...;

21%

23

200

17%

26

Kelvinator of Canada,:
Kerr-Addison Gold Mines—.

29

—

814

~

Oil—

*

British

American

Columbia Packers Ltd

■

British

Columbia

British

*

Power

."

'Z.Z-

•Z

70c

*

class A

Dominion Oil-

*

Broulan

Porcupine Mines. Ltd
Ankerite

24

25%

68 %c

74c

■

70c

70c

*

Gold

Mines-.;

common—

Camp Bird
Canada

Mines

Bread

"B"

Class

Canada

50

Foundry

Canada Malting Co--

Packers

Breweries

;

New

Canadian

Food

Products

General

General Securities

Class B

Industrial

Canadian

Malartic

Gold

Central

Patricia

Gold

Mining &
Willans
Plow

•

,

Coniuurum

6%

Consumers Gas

Cosmos

65c

Dome

Dom

pfd

31C

134'

Z.Z^

Mar
Jan

15

712

Feb

E4c

Jan

1.00

Jan

614 c July
Jan

1014 c
65c

24

2.14

July

34,

25

220

1.74

Sep

1514

Oet

4614 July

25

.

,

Jan
Feb'

22

July

Jan
Nov

700

23

2a

2534

Jan

18 ;U

Jan

_*

9%

;

•

1614

Jun

20 3 4

Jan

50c "

Feb

22

Jan

33

8

Nov

Ills July

Jan

1014
10

1.695

.

'

I

4

514

900

30

July

1.00

Nov
Nov

Jun

140

63»

Jan

5

5

105

238

Jan.

11

11%

365

8*4

Jan

10c

10c

1,000

4c

Feb

141-2 July
1014 Nov

9c

lie

14,610

4 Vic

Jan

_20

1.60

>

•

1.73

21,405

8%

Crest

Oil.

Z

:

-

•

Eastern Malartic Mines.—

-lie

l

...

1.65

Eastern Steel Products—

Easy

14

Eldorado

Mines

Gold

i

Eng Electric class "A".
Fanny Farmer
Federal
Fleet

>

Candy Shops

Kirkland

Mining

•

l

...

Aircraft

12,126

22

40

3.60

29

4TaC

„«•

,

1.38

3.95

1,310

28-%

3.60

29%

1.09

July
July

8

3a4

Francoeur

Gold

Gatineau

Co.

"-

pfd

—.

Gillies

Lake

Glenora

4TaC

National

Ltd

•

565

God's Lake

4,100

5%c

Golden

Normetal

Preferred

North Star Oil
O'Brien

Gold

Preferred

vtc

t

Pacific

Oil

Gold Mines Ltd

Gypsum

Lime

&

Hallnor

Mines

20

1

f~

Mines

i

~~

~i

Hedlcy Mascot Gold

Mines.—.7ZJ
1
Oils Ltd
,.^Z.ZZZ»

Highwood-Scarcee

Hinde & Dauch
Paper Co

Mines"""

Oil

Hudson Bay

Mining

Imperial

88

2!nc

&

Smelting

Mtge

5

—-

&

Develop...

footnotes

see

page 1971,




,

22

15%. Oct

100

2

:

60c

:

'

"

125
:

2,000

Jan

714c Aug

Silk

40

Jan

52% Aug

3,50(V

2%c Jan

,4T'8C Aug

1.05

•

-

74c

1

May

20c

31,200
32,100

Sen

8

.

lc

1214c

Jun

May
Jan

Mines—

•1.10 -Oct

Apr
Apr

2.00 Sep
2.00 Sep

61e

Mar

3,300

38c

Jan

8%

Jan

210

%

Apr

2%

Apr

:6

165

4%c «47»C

'6,100

99c

17,910

' '^Z._ ' ,' :Z 100, 101%
1.25
l.ij? ,1.30-

55

99c Z

:

•

.

,:

.

93c

-

3%c

.

21

45

15C

16c

3,650

6%

6%

1,385

3

414c

Sep

St

July

1414
9c

Russell Industries
St

.Z-

Jun

6%c Nov

Jan

10

2c

20c

22c
:

38,700

3%c

37,000

3.70

3c

440

375

5%

-

5%

2%c

2 VZc

65

101

—

2%c

101

190

4%

i.io

100

5,155

74c

4%

700

1.15

1.05

,

—

22.075

2.40-

1.25

2,910

Jan

2.85

Apr

1.50 Nov

50c

Jan

1.42 Nov

63

v

6%>

t

1.03

140

1.04

,> 27c

1.15

Jan

9

1.72

Jan

10,455

27c

.

-■

-

:

500

-

-53c

•57c

20c

4.638

3%C

1,500

.

Jatt

Jan

4

135

2.24

6

58c

2.300

7

2,15

•.

St

Jun

2914c Mar

San

Antonio Gold

Sand

River Gold

2c

Sep

Scythes & Co

15c

Aug

Senator Rouyn, Ltd—J

23%

370

•6%c

2,700

140

45

132 Va

May

150% Aug

22l4

Jan

95

July

Jan

58

July

May

614 July

Jan

23

705

21%

Jan

26% July

190

190

4c

22

Jan

Jun

South

End.

4.00

Nov

South

West

434

Jan

1.20 Mar

7,000
8

8

Jun

214 c Nov
101

Nov

85

Jan

3

May

5%

Oct

40c

Mar

1.15

10c
14

2.65

1,375

Sladen

22c

714 c

Jan

3,500
,

Oct

Apr

175

173

176

30

14%

13%

14%

9,103

11%

11%

11%

620

8%

8%

i

-

8%

.

.

425

55c

58c

4,300

15%

15%

255

98

40

14%

July

3c

Aug

Nov

47c

Mar

17c

Feb

31c

Sep

2614

Jan

3214 Mar

Jan

70

Nov

Preferred

.4—.

Jan

185

11% Jan

Sep
1714 July

10

Mar

1214

Feb

8»4 Nov

8 3i

Nov

26c

Mai-

66c

Oct

9%

Sep

10% Nov

18'4

20

100

Feb

20

12-

;.

: 12
104;;

•

58c

11,850

4 %C

16,500

27c

1,000

11,900

56c

60c

1834

190

2%

2%

308

9%

■•-

Top Tailors
Preferred
Gold

Toronto

Elevators

'%

•

;

;

5 r-;

Jan

86 7 0

Jan

39c
29c

Jan

56c

60c

7

Jan

% Mar

Nov

19% Aug

Jan

4

Jun

July

60c

Jan

50

02

64

115

70

70%

61

2.20

2.42

56,885

'

Sep

8c

Nov

1.10

Nov

35c

Jun

,10

Oct
Oct

64c

3%c Jan
20c

Oct

13%
104

Mar

191

5:

:_y

3

July

10
.

Oct

5%

Oct

59%

Jan

73

-Apr..

66

Jan

76 %

Apr

1.51

Jan

2.65

Oet

prefprred—4—,
Co._L..
Exploration
4—Z

...T

50,'

1014

Jan

17

July

Toronto Mortgage

-50

90

Jan

100

July

Towagmac

_..1;

.

1334

500

3.10

•

3,055

109

-75c

.

■

:

-

»

54

87% •87%,
14c

1.85

30

75C

'14c

Nov

6

100

1,300

.

14

Jan

3.45

Jan

50

68

Jan

1,600

10c

Jun

Oct

Aug
Sep
Sep,

9

Oct

Sep

94c

Vat Jan

10

Nov

110

Mar'

10

.

2,25

-Mar.

61c

.

85

1138 Jan
10% Jan

.10

8

4*;* ; 8
""-^109
'.->'54

1.80

Feb

133i

.4

Sep
Sep

Jail

2,805

^4"

5c

65

10

2.10

.

2.40

65c

1.68
:.;84

3.05

Sep
Jun

29,250

,1.55

•

Sep'

1.46

2%c

700

>2.05

...

21c

500

4;-;84

3.10

14

3C

> Z

.100

Apr

Jail

2.25

_

2.10

,.*'.

12

1()C,

3,000

3c.

•; :'144-

—__

U—4

60

20c

19c

2.23
-

1.56
'

l

—

common

"

7

14-

-13(4

•

.43c

1

Mines—4.

Toburn

■

...

'

—I

preferred..—4__Z 100.

Mines.-Ltd

Tip

7,300

3%
.

'

Mincs.l—.;

Tamblyn Ltd common!
Teck-Hughes Gold Mines

60C

27c

»

2.24

1
.

—.

Hosiery

40

"415

54c

-

,:*Z.^-'-Z

Sudbury .Basin Mines 1
Contact Mines—T. —i——44—. 1"
Cons

>:

18%

—

preferred—l.

Svlvanite Gold

'•:>>.

10

1.05 Mar

•

Sud

Supersilk

50

<9

....25

Steep Rock Iron Mines—

Sullivan

Nov

10%

: 4;

4.10 July

55

July

9.75

Z...*
:

Jan

July

1.04

Jail

'

Canada common..—•

Stuart

6c

Jan

5.75

:

Sturgeon River Gold Mines———_.„1

Nov

Scj)

67c

..

Z*

Sep
Jun

85c

.=.%-* \4c

__

56c
.

19%

500

—-

-

com

1274

1714c Jan

157

54c

_.v

62%

62%c Sop

Nov

699

<•-,

~TMi—-

MaiMar

19,218

-

;

•;

18

18c

-10%

20

1

—

4.00 Sep
Z 9TnC Jun

84C

53 %c

Radio

Oil

90c

53740

Mines..

Jan

.9.50

i

1614 July

Sep

13

!

Jan

Mar

179

Mines——

Preferred

Apr

1,600

Feb

18Tb July
Oct

44

2%c .Tan

25,550

90c

•

..

Petroleum;Co—
•
Petroleum..——.—..—*

1.86

Aug

6c

:9.25

4.4":

,

,

Apr

53

78c..78c
9.25

*.

:

205

Mar

1434

1.3

■

103

Chemical

of

.:

12
39

49c 49 %C

•

49c

,-

104

Paving & Materials

Co

200

4c
47'4

100

Springer Sturgeon

Steel

3,205

4C

3.45.

*

,Z_*

Standard

Standard

3.65

'

Jan

2c

100

...;

Standard

Nov

14%
43%

L.

Malartic

6c

Jan

—-

13%

'Z..Z ;'

1

...

—

Gold

Nov

10,870

70

July
9c

Jail

152

5

,

43%

3.45

Sheep Creek Gold Mines.—~-——-„50c
Sherritt-Gordon Gold".Mines—
1

3c

3.65
30c

25

3%c Jan

30,000
V-.
425

—

...

-1

Sigma Mines

3

2*50

1,675

30%

!

common—...

Class "B"

8.50

70

.

14 Vb

Shawinigan Water & Power——*

Preferred

3%c

28c

Nov

59c
Sep
9%C Apr

May

6c

;

>

1

Jun

3,000

28%

Mines Ltd

Aug

15V2C 15 %c

29

Z'-'27C

Jan

Sep

Sep

-4c

22»4

Mining.—1

'7%

30c

3c

2.50

July

31c■

July
July

.23
(-

—.100

24c

5

1,000
470

preferred

Simpsons class

33c

.

*.

July

33c

11%

Z11

Sep

138

'Z'%Z-

-

23

2c

15%

2.10 Sep

52c

S^^c

1614 May
ll34c Jan

11,000

1'5

1.10 Nov

May

2,838

2.20

Silverwoods Dairies, common....—:

4%c

11V4

57e Aug'

Jun

1.28

10,800

2

—

Julv

4c

11%

Aug

1.35

.

23

4C

15 %c

39c

1.48

100

-

Oct

43ic Aug

May

17VZc May
4% Aug
'

6V2

Feb

143i

33c

r

1.36 Nov

.

1.33
:

1.04

1

Jan

4%

4,850

1.90

--

1

Nov

Aug

Z 1.27'

1.33

%

4 5

1.00

,90c

Feb

97c

103

%-Jan

57c

11,300

.

Nov

9

\"_ 3c

3.00C

32c

ZZ.Zl-.82
-T.Z'.2.35-

1

88

100

3%c

90c

Anthony Gold Mines
i.l
Lawrence Corp class <'A".Z,.uk^..50
Lawrence Paper Mills Co pfd..—.100

314 c Aug

Apr

lc

21

3.55

Oct

Sop
Nov

6
>

■

Nov

4%.

Nov

85c

6.299 :

S'ic

;

__i

Canada

P'eb

3c

500

302

--r

78c
64c

3T»;Sep

18,125

77h

Z'Z30p
Zr iZ' 5

--

30%c

Mills..—. 23

Jan

6,500

12,000

20%

.

1.26
x

'

6TaC

Sep

Apr

1.08

>

'200

12,107

Gc .;
Z .5^
7% ?.:Z;Z',71o

1

—1

19c

10c

20

•

May

3c

20%
15c

1.16

Sep

i<: 1.00

•

27,610

Z. i

1.27

—Z—

Oil

1.95

Apr

71c

.

-

1.89

Lac~~—_X—-..1
of

67c

850

'

Mines

Sep
Sep

3,809

\; 3 >, 4 %

4%c

"•

Dome

Oct

167

Feb

35c

Oct

1.73

45c

70c

41 %c

Z >

—.1

Quebec Gold Mining—S

Riverside

Jan

1

.

4873

83c 9414c

.

'

70c

1

Queehston Gold Mines'

Sep

62

3.45

—100

29

Jan

Nov

25

Aug

5114

common A.

——

Jan

13%

:

1

Reno Gold

100

57

.

—,

25%

Nov

Sop
9% July

12

3%c >> 4 c

41%c

*%

:

Mining Co__;

Sep

3914c

25

28c

»

Z>'.

8V3
35

108

57c Z:

84c

1

Jun

101

36

3.50

c

Jan

305

4fj%

'

*

-

Mines

4.80

Jan

56

3%c

Ltd..,„:zz::z:zz:~1

International Metal
Preferred

—fZ~"*

6

'

——

"

785

20

vZZZ""'Z'

*

30

May
Feb

18c

90

\

mo

.

Oil

Min

East

77

5%

ZZlOO

Bank of Canada..

Inspiration

Preston

3214: Mar

9%
28%

l'.Ol

..

Metals

85

5

•

ZI——I

Imperial Tobacco ordinary
ingiis (John) co

For

12c

j

Mines

Huron & Erie

Pressed-

5

1%C

,

Homestead Oil At Gas.

Imperial1

88

«

Hollinger Consolidated Gold

Howey Gold

Jan
Mar

21

5%

—-ZZZZZ..*

......

Rock Gold
llarker Gold

July

3.10

Jun

5% Aug

13%

57c

——'—

Premier Gold

10O

16c

10c

jqo

Hard

Home

3.300

86

92

1%C

r:

,3%C

i

common

Harding Carpets

38c

12,400

.

i

___

Preferred
•

Apr

33

Jun

13%

46%
,ZZZ-

Power Corporation

1.64 Aug

25

July

,28c

46 %c Nov

;20

I

Gold—Z—

Sep

Royalite

23,500

Zl

;

,1.75 July

28%

*

Mines—

Sep

Sep

4%C

22c

;

Mar

25c

-

50

34

1.25

Oct

8

1614

17c 19 %c

——_i

...

>'">'275

8%
'

lot)

1

Jan

15c

>_!*

Hamilton .Bridge Co
Ltd—IIIIII.II*
Hamilton United Theatres

1.60

1.60

Z

3%

1

Siscoe

Ilalcrow Swayze Mines.
Halliwell Gold Mines..

49% Oct

720

trust

143o

33c

12c

T~ 1
comll*

_~~Z

27

Jan

1.50

Pioneer Gold Mines of B C

60

17c

*

...

Oct

Jan

8%

Peoples Credit Securities———*

15%

15 c

Z—~1

Alabastine—j

18%

Feb

28c

common—Z_—"''Z-ZZvZ': 1:30
Mines—,
;—r
.-f 1.14 ■ -?:l.ll

Ref

Oct

44%

22c

1.02

Rouyn

2.29

310

50C

8,262

1.75

Paymaster Cons Mines Ltd.

Voting

■

1

Nov

Nov

550

.-—5.

Porcupine Mines Ltd

Gold

,

24c

48

Z

.

70c

Pickle-Crow. Gold

Sep

25c

191-!

100

■/

Jan

8c

>

48

'

—..."i

Royal Bank

10

%

1.22

12,100

5c Aug

May

18 3 i

'

Zt.
3

Pandora Cadillac Goldj Mines.—
-.1
Pan tepee Oil Co.—
J.—Z—.1 Bol:
-Partanen Malartic Gold Mines.—
I

Perron

Feb

Sep

1.54 Nov

24c

,Z:/.":: v34
'ZZZd'. Z-"-Q

.

Pamour

11c
58

40c

—-

&

;

y

24C.

814

.20

^

'

37,0

:„Z

■

-Z.Z>>-ZZZZ-*.%%

Roche Long

2,600

ZI*

b

1.75

Page-Herse'y. Tubes _Z—

Oct

6c

;

2.05

Corp Ltd——*

Preferred

Jun

10%

c

1.88

l

J

July
97/o July

Nov

1.60

*

—

Pacalta Oils

61-4

85

i

v

21c

48

Omega Gold Mines..4^.
Orange Crush conunonr

247a

92'

•

com

1.82

1614

Jan

80c

55

Paper

95,300

'

Okaloa Oils. Ltd

Jan

5c

Preferred
Gunnar

34c

....

Great Lakes

24c

:

•

Z

—Z—

Mining

Jan

4c

Mining
Mining

21c

Em|)ire Mines1

3 IT

5c

Gate

Goodfish

Jun

July

22

i

Apr

lie

38c

Northern Canadl Mines—_—Z—_._..*
Northern

1934

4%c

Goodyear Tire & Rubber of Can

5c

1,900

I

50

x

..

1 %c

1,600

22c

Oct

10

f

y

JanZ

48,800 '

8c

19c

'ZZZ-ZJZ

Mines

1,579

10%

'

..—

83c

22lL>c

Nor go Id

3%

Mines..1

Mines Ltd

Goldale Mines

9,665

3>,C

3c

;

;

Feb

714c

•

15%

•"•'-w.ZZ.vV::;

...

;-.

;

3c

1

—

Co

Mines

24%

'

Gold

1.48

Jan

47

Jun

6c

5Vac Jan

130

1.41

1.45

6

1,50(

55

55-

Jun

9%
17

Jan

19c

Noranda Mines

23

>.100

Mines.

;

-

>

Jan.

14%

465

7,14c. 714c

,

55

common—*

i

Trust

3%

•

100

.

—

Porcupine

Gold

•

*

5%

preferred
General Steel Wares.;

814

%71 it

_-

ZZZ'Z-

585,

'

23%

Mines..

Power

5%%

Feb
Jan

12

t

Z-—*

;.

,1934

18:,4

•

1

Ford Co of Canada class a_.
"Foundation Co.

395

21%

-V;

Falconbridge Nickel Mines

60

8

1.18

1.25

15

7%

Washing Machine..—........—*

Jan

5'%

Nov

7 % .Sep

2%cMar

1,105

2.40 -Sep

Jan

IOV4

50U

8:,a

814
•
j.4

1

Powell
East

4%

680

5c

-

1.95

Preferred

2114c July

8 %

Woollens & Worsteds coin-.,.*

900

73a

15%

5c

'.

1

Oct

80

8%

8%

9

Jan'

National Sewer Pipe Qo..'
:
National Steel Car preferred.———2_*

47aC. Apr

4114

293« Aug
167
July

35

-855

,

32

8

>Z

Oct

.

24c

10c

214c

420

1.00

25

Aug

Jan

32

Oct

42

Jun

1.00

136

Feb

1114

.

Co

Nov

14214

22

Grocers

31c

10

••

National

Nipisslng

12

—1

4%

Negus Mines .——L_

4,500

,

90

common...

Oct

3,000

v

Breweries

Jun

Jan

-21

200

36 7 s

24'

>
,

123

National

2.09

160

1

July
1.75 Sep
14c
Aug
47c
May

Nov

9*37

165

15c

r 7i4 >•7%

Muirheads Cafeterias Common——ZZ-L* .Z
Preferred
Z,
10

2.65 Aug

,16

Ltd——.—

1.35

Jan

2%c

714-

.1

1374

85c

100

;

3.75 Sep

1.51 Mar

70c

7

Oils

Jan

Nov

914

1,517

:

1.59

Apr

&iGas—.Z.,„Z..Z>

Jan

1.90
75c

16

common

68c
Aug
23:!4 July
1274 July

Jan

160

Preferred

Co

36c

3.085

14%
39%
•f

Jan

2 .25

.

2.30

Nov

Jan

13 %c

z

367a

•

Mining

Nov

614

25

Dominion Tar & Chemical

Dusquesne

614

Jan

July

1.65

Mining Corp of Canada

Nov

Oct

4.00

26,315

Moneta Porcupine
4_:
Montreal Light Heat & Power
Moore Corp common—

3*4

22%

Jan

22,605

Mines

Model

614

Apr

32,715

Mines.—.—,

Nov

20c

2 %C

,

•

.....

Gold

Nov

•

>

1.8

55

3,955

.1.07 Nov

24% Oct

'

1.51

GoId.Minesj._._„..„.
Graham

McWatters

Nov

614

37

1

Stores

July

Feb

2.37

—1,

39

1.60

1.50

19%

3.40

*'!

Mines

216

14%

^Z. ''

..50

Lake

Jan

1,600

41

Investors

July

Nov-

830

24

>.a—

McLellan

Red

Feb"

700

'

38%

•

McKenzie

614

31c

41

com

1174 July

1.27 Sep

Jun

3.10

McColl Frontenac Oil common

Oct

July

22

3.65

%

67c

315

22

-jyt'Z

Nov

"1.42

McDougall Segur Exploration
Mclntyre Porcupine Mines—5:-

—100

Dominion Steel class B

Dominion

>

23%,

4 % c Aug

10 %

1.47

20

22

26,175
;

32,050

>

3.50

l

200

160,313
.

12,700

1.02

1

8V2 May
60 %c Jan

Oct

14

Z

Jan

3.10

2414

Mid Continental Oil

100

%

1.20

94c

9V2C Feb

9%; Jan
lc

July
Sep

15% July

2.25

14

19

6,000

2.25

30

•

6.10

'

10

...

Jan

3,200

2.01

1033

;

26

'

:

Jan

May
3%c Jun

290

16Vis Sep

ZZ-:

Mar

3.65

91c Sep

1.40 Aug.

Jan

13 %

4,000

10%
1:15

'May

z.;:22
'

16,300

ic

14

■Z-Z

Jail

„

10%

Sep
Sep
Mar

1

4234 Nov

2,925

24

—

Scottish

Dominion

12

'

i'i

Preferred

15

c

12

67

2%C

"

.

common

McVittie

22c

*

common.

————

Dominion Foundries & Steel
Preferred

1.85

11%

•

Bank

1.90

V

1.85

•

Corp—Seagrams

Dominion

'•>

55c
40c

25

f.

12,

23.14

Jan

20

135

—.

14214 Aug
614 Oct

630

1.19

40c

15%

31

1.70

134

Mines

Coal

1.10

Jan

1,188

5%c

1.20

10%

20c

"Z:;-- .45

1312:

I.Z

14%

Jan

1

Mines.

'

2734 Aug
3814 Oct

1,700

9%

Z

.

5.85

1314

"•>

Preferred

Maralgo Mines
Massey-warris

Sep

1.15

.—50

Nickel Mines

Distillers

1.15

1.50

—.——•——

Sep

Oct

100

22c

23'4

6%c

'

Jan

1,645

5.75

Aug

9c

10

1,770

,

V

l%cMay

20,500,

15

Nov

% 4.75

60C

13 >2

....

214c

Jan

12,432

1.62

100

Jan

614

Jan

18

8%C

89c
1.03

,14

2314

■

.

3%c Oct.

1

Gold

10

65c

84c

'

j

Feb

10c

> 29%

3.50

Fields^,

2512

9%

9c

Canada——.*

Jan

Lake

Gold

Nov

i

....

Jan

Nov

Red

13

5%

2,882

32 c

5.75

•

Maple Leaf Gardens pfd
Maple Leaf Milling common.—

1414

80

•

Z

10

85c:

1.00

—

2734

18

1.10

Smelting.-——5

—

325

834

■'

9 Va

22c

Petroleum

Dominion

62c

•-

1.65

(Toronto)

Imperial

Denison

5

—1

Dairy Corp preferred
Davies

v-

■'

1

Class B

July

17

■'

Jan

6,630

;Z

•

Macassa

Apr

24

July

'

Jun

7^4 Mar

15

6%

*

Leltcli Gold Mines. Ltd

39%

Oct,

lc

13c

9.00

85c

25.'
.i •-'

...

5c

.

4:i%;

8,500

11,100
■

13,l4

96c

3

Malartic

May-

26

4c

Mar

17,345

•

8.70

\

1

preferred

3c

32c

»

j.

-5c

'3c

—

*,1 :

Mines.—

Laura Secord Candy—:
Lebel Oro Mines

>

™

Mines—

&

17%

5 Ve

;

Mining

'

,

39

;

Gold

75

a

47«c'
v,

23%c;: 2914C
1312

19

50

26%

Cadillac

>
■

1»

•_

Madsen

24

340

6

—-v"

u™-;

Oct

38

28

185

8.90

101'i

1,200

8%

Sons.

Oct

Jan

1.35

17

1

Lamaque Gold .Mines
Lang

Jun

Nov

128

17

_1
—

98

44

Jan

2 Va

100

12

Co..

Ltd

150

17% Aug

136

23

17%

Mines,

Jan

31

2,909

6%

Mines

Bakeries of

5%

37 %

'

Petroleum

Consolidated

70

216

,

Consolidated

133

,42

——1

Co..

Commonwealth

25

26 7

Sliore

Mines, Ltd...
MacLeod-Cocicsirutt Gold Mines..!

Feb

8%

Jan ..;

July
Jun

17

l

Sep

7912

295

27
43

5,036

_

Lake of Woods Milling common—.—..''

Oct

Juti

124

25

4%

39

Smelting

Gold

32

18%

36%

\ >.%'

Chesterville Larder Lake Gold Mines—I
Chromium

2.025

8

1

——

Cochenour

10%

26

Mines—^——1

Central Porcupine Mines™
Research

Cockshutt

16

107

Oct

36%

75

90

26%

23

Chemical

26

95

6%

—

20

20

43

•

36 u2

—*

Rv

Jan

55

.

92

"

"z%——,-i.-'

•Z

*

Mines

100

146

212

A

Castle-Trethcwey Mines

35

23

*

Pacific

21

1

Canadian Oils
Canadian

105

5

1

Alcohol

Seo

50

—

class A

———————_

Canadian

Nov

9

11%

*

Electric—

60

Jan

40'%

•

—

Canadian

Feb

May

4!/4

22%

1

Little Long Lac Gold Mines Ltd..
Loblaw Groceterias class A

3

Nov

21

Z'K,

„..,J

Legare

40

133

Lake

High

29

;

Z——.i.*

Kirkland Hudson Bay Mines
Kirkland Lake Gold Mining
Lake Dufault Mines Ltd

Low

4,029

—

814c May
714 Oct

5

5%

Dock————*

Canadian

Sep

Oct
Jun

65

133

*

common

&

2.60
35c

401

31

25

Dredge

Jan
Jan

7

18%

-

--20

—

Celanese

1.15

8

4%

> "

*

preferred

preferred

Canadian

:

4%.

Canadian Car & F'dry Co Ltd com——*
Preferred
———..25

Canadian

••

Feb

58%

9%

■

31%';
:•

_•

common——

1st

Canners

3,400

5c

95

Commerce——TOO

Conv. preferred

21c

42

*

—i

Preferred
Canadian

5,725

145

—

Bakeries common——■

Canadian

Jan
Mar

9%

4,500

21

Canadian Wire & Cable class B—,—*
of

July
914c Sep
17
Aug
1114 July

Range Since January 1

High
30

Mining Co
1
■
5c
Limited—3c
i
27c

Lapa

8c

35
--

Mortgage———100
Canada Steamship Lines common-—*
Preferred
;
50

Bank

3%c
13

2^30

105

i——*
——*

——

Canadian

120

4.00

7%

.

Permanent

Canadian

Nov

Jan

58%

-

7 %

*

——

Canada

75c

22c 24 %c

class A...*

and Forgings

Mar

1.60

46c

850

9Ts

2.10

100

—

Canada

'

.

•

Class "B"

Nov

July
July

6%

_Z

-

77c

54,100

16%

7%c

OTbC

common...—

—

9%c

9%

>

-

1

———

Cement common—,

Preferred
Can.

———1

Jan

23

750

7 %c

;

2.15'

Calgary & Edmonton Corp Ltd—-—*
Calmont Oils Ltd—,.-—,

74c
3.60

16

934

19 %c

29,100
12,450

16

"

•

Products Ltd

«!•'

9c

Canadian Gold Mines..——"

Burlington Steel Co

%

Apr
Feb

160
:

3.35

.

1

Buffalo

Building

Waite

Low
29 »a

21 %

*

23%

British

Buffalo

Jack

Corp class "A";

11%

& Distillers

Brewers

Inter Util

20 %

■

Shares

29%

•

22%

Brazilian Traction

of Prices

],

common——*

Ltd
*
Light & Pwr com—*

'

Bralorne

Par

Feb

11,500

Bob jo

Sales

for Week

Range

Sale Trice

.

'

4%

120

Week's

Last '

l

;

.>>

.'

Monday, November 15, 1943

55
-

90

18c

Sep

July
Sep
Feb

.

Volume

Number 4229

158

<

-

Friday
:V;"

V

v.,,

THE COMMERCIAL & FINANCIAL CHRONICLE

J

■

Traders

Finance

class

6

Transcontinental Resources
Union Gas Co of
United

Low

10

A

—•

Canada

55c

•

—

6%

Corp class A

Class B

United
Class

24
/

—

Fuel

9,000
1,040

6

United Steel,
'
—•
Upper Canada Mines Ltd—,_1

74q

Jun

Jan

9

AUS

Nov. 6 to Nov. 12 both

20. ...-Aug
7% Jan

26
16

95

32%

Jan

37

Feb

245

5

3%

Jan

5% July

Beath

4 Vi»

Jan

6

Apr

Brett

Jan

1.85

Sep

50

12

33
5

'

340

.

"■—>

4 >4

4>%

070

1.65

1.64

1.70

7,300

-

95c

class

A

•

6.50

6.60

2,664

4.40

Jan

I

21 tic

19c

23c

109,450

9%c

Jan

Waite-Amulet Mines, Ltd—
—■*
Walker-Gooderham & Worts'com,
*

4.80

4.80

5.15

3,462

3.40

Jan

' 57%

56 %

59

Vcrmllata

——l——-■

/Oils'.—U-'

-

Preferred

—.

—

Ltd

Preferred

%.—}

•

21

21%
22c

80

•

15

14%

15%

common

——

„

-

—

100

-

64

Jan

21% Aug

Jan

24c

Sep

Disher

Jan

91

Jun

Dominion

Feb

17

12

Coghtan

94

10

106

3c

3c

1,000

Winnipeg Electric

—_•'

common—

I%c May

5

5%

654

Preferred

—100

Wrlght-Hargreaves Mines
Vmir

Yankee

Girl

Gold

3Ta May

•

,

Mines

50

52

% 3.10

3.20

10c

10c

.

Ltd—"

10c/:

2.50

2,225 '

'

10

l%c

3,500

10

10

15

1.80

300

Nov

Oil

6%

Corp—_——!_•

4.%

4%

5

3,465

3

—

75

78

20

24

July

35c

35c

1,200

//'■

85c

Oct

Osisko Lake

4.20

Apr

Pend

Jan

4%

!

■

3,36

""«<

-

'■

24%
1.45

Jan

2.9c

3,500

6Va July
80

Jan

47c

Jun

Nov

6

Mar

175

10

Sep

14%

95

23

Nov

31

78c

Jan

%

Oct
Nov

3Va Mtty

Jan

4.

10

13

23

1.35

23%

Nov

July

1.75 Jun

16%

16 V2

200

15

—11—100

Feb

20

II

14

14

10

8

Apr

14

—_—L„•

-!

—

314c

3c

3?aC

3,500

16C

500

Z-II-1

25c

Sep

1.26

1.26

1.35

4,100

1.05

Jan

1.90

Jun

1

gc

9c

9%c

9,500

5 J%c

Jan

12c

Sep

—

—

Mines.—%~Ii

Oreille

4%
12%

I—I"

Mines

&

Metals

Temiskaming Mining Co

10%c Sep

;:

4%

-w_.

—

c..

35c

Jun

10

Jan

preferred——100

preferred———
Bridge

63

9

l%c

Jan

1.75

Steel

Selections

High

6% Mar
%c Mar

i go

Paper
Sand

Fraser Co v t

July
8% July

Mar

8c

1,200

Low

6%

lc

Z'

5c

Jan

20

190

50

3.10

■

Range Since January J

j

Foothills Oil & Gas

July

106

Jan

106

3c
5%

T

I—II—*

Shares

High

6%

"'"■■■

___i

—

——

Humberstone Shoe

WUtsey

of Prices

'■ :% Low
;

Dalhousie Oil Co Ltd
clc Havilland Aircraft.%L%—*

Oct

Jan

375
.

Consolidated
Consolidated

19c

280

:

ZZ

_

sales lists

Sales
for Week

5.80 Aug

19

2,250

75

1

Sep
Sep

7.25
36c

40

350

22c

—.

—

_

Western Canada

47

1,205

Flour' preferred——100

Wendigo Gold. Mines
Westons

6.10

—

Trethewey
Canada Vinegars—
Canadian Marconi

Ventures, Ltd.

saic price
P(ir

Son

Week's

Range

STOCKS—

&

Funds

inclusive, compiled from official
Friday

July
July
July

24

12

5

12

Apr

35c

6%

Canadian

High

Feb

6 %

277

33
x'V

Low

10

6Va
22 %

—12
25

Range Since January 1

High

55c58%c

:

Invest '"A"_———50

B

Shares

of Prices

par

Toronto Stock Exchangc-Cnrb Section

for Week

Range

Sale Price

.

Sales

Week's

*.

Fast

8TOCKS—

1971

„

16C

2%c

Jan

7%c

July
Nov

7c

Apr

May

OVER-THE-COUNTER MARKETS
'

flotations for Friday Nov. 13

Investing Companies
Bid

Par

Aeronautical Securities

l

AAmerex

Holding Corp

6.29
2.90

3.17

10

..

American Business Shares

3.10

Series

14.29

Axe-Houghton Fund Inc.—

12.39

1

Series

13.32

5

Series

3.54

Series

S-4

America——

of

Tr

100.50

5

—,-i

Fund

Canadian

Ltd—

13.63,
x3.05

3.60

*

27.40

■29,46

Fund

1

Chemical

100

Preferred

Commonwealth Invest——

—

——

mod———-——1

Scries ACC mod

;•
10

shares

B

ACommon

Cumulative Trust Shares.

D

-

5.15

19.70

28.63

Inc-

1.67

Fund—.—0

4.97

Industrial Fund,

Mutual Trust

First

Ind.LL—2

5.54

.14,10

\

19.39

5.19

•

Capital Corp_:—i—,—♦

29.98

—

-

General Investors Trust—
"

'••'1

*".'*•

..."

32.24

5.01:

1

•

5/40

6.15

6.77.

4.93

shares./.

21.02

City of New York

10.29

Connecticut General Life

10.77

-

-V

equipment—^!—

47%

13%

15%

17%.

19%

North

23 ?«

24%

35

37

Northeastern

40%

Northern

35%

Pacific

Fire

Pacific

Indemnity Co

x37%
33

55%

10

—

Fireman's Fd of San Fran

10

—5

•

6.96

X7.87

8.66

X7.01

7.72

1

xG.97

X9.77

———1_

—

10.74

Newark

Fire—

—.

Series 1958—i_

U S

27

29

n

New York

Bid
19

13.77

6.49

3.10

5.43

'
V
^
Republic Invest Fund—:„!_

44%

100

Selected Income

4.63

5.10

Sovereign Investors

6.41

7.05

Spencer Trask Fund——i_

7.42

State

—_—-

Administered

shares..—

slia-res^.'

6.75

—

Industrial Machinery shares-

5.73

■

•

6.31

,

5.59

St

'2%

Shares—i_.

97

36%

44%

46 %

Investment

»

Corpi.

_

4.95

5.45

ASeries

C—-

12.96

13.81

■«.

75.14

80.74

Bank

&

5.65

6.22

ASeries

D__^>—ii.__

'

Merchandise shares^.—

4.33

Mining shares-—

shares_%_———

5.87,

shares————

6.46

ASeries A

3.20

ASeries B—

3.83

sUares/'I'!!-—-• .•p'3.90

Stand Oil

4.77

•'

3.47

•Equipment- shares---.—

Trustee

•>

2.98

3.72

4.10

•Trusteed

Utility

4.16

4.59

Union

shares———.. *

Series.

AHuron

Holding Corp

Income

Foundation

14c

1

Fund

1.37
18.46

•

19.85

2.10

Incorporated Investors—_5
Independence Trust Shares

1.50

9.15

79c

Bank Group shares——;

1.19

23,31

A

Investors Fund C——.—1

11.21

11.47

AFirst

Blair

&

Co_—

Boston

Light 3s

Commodity Credit Corp—
tlVaYo
Feb 15,1945

u S
■

102?4

10?%;

Delaware

104%

104%

108 ?e

108%

100%

-—1953

1973

100.1

100,3

100.7

100.9

%%
1
%

100.8

100.10

17.58

1.55

16.87

..

i-

/

.

15, 1944
Sep 15, 1944
fSept. 15, 1944
Mar 15, 1945

_—

—'

'

Corp—..I—-10

100.21

3A%

99.31
100.18

100.20

1945

1%%

100.14

100.16

%%

99.22

99.24

%

99.31

1

1946

31%

33%

Trust

.12

90 >/4
35%

4%

100 1,250

.

5%

1 ,295

Bid

Public Service

1973

107

107 %

106%

106 %

104

104%

1972

107%

108%

1973

101%

101%

Pugct Sound Pow & Lt—
41%s

1972

1950

3%s

(Jacob)
vH/%

5s

"

Elec

& Gas—

;

—

Texas

Ask

(New Hampshire)

3%s series A—

Util

3%s

100.1

100.1

Int. Rate

Maturity—
iDec 15, 1946——
*Sep 15, 1947
Certificates of

1%%

Bid

.

.

100.26

100.16

100.18

*■■■

b0.25
b0.48
bo.67
i%s May 1,1944—. bo.66
!%s Aug. 1, 1944————~ ' b0.76
t ToS Sept. 1,
1944
b0.77
!%s Oct. 1, 1944
b0.78
J%S Dec 1, 1943—t%s Feb 1, 1944

j7/(1S

Apr 1

Ask

100.24

lVa%

Indebtedness———

—

1944

United States Treasury
Rates

Ask

Cqrp—

.1^,

1944

100.2

100.4

0.45«
0.65'

0.64'
0.74'
0.75'

1,1944

100.4

100,7

18, 1943——
Nov.
26, 1943——

Dec.

105%"

107%

106%

106'%'

Pnnsma

130

131%

182%

.

Issuei

' y

Onna) 3s,

L

1961

s

are

bO.37

0.32%

bO.37

0.33%

0.33.%

1944_

bO.37

Jan. 20,

1944—

bO.37

Jan,

27,

1944—

bO.375

0,35%

1943—

b0.37

0.32%

Feb.

3,

1944—

bO.375

0.35%

1943

b0.37

0.32%

Feb

10,

1944—

b0.375 0.35%

Dar

value

s

Odd

lot

sales,

0.30%

subject

to

all

Federal taxes

Jan.

13,

0.34%

price,
d Deferred delivery,
r Canadian market,
x-Ex-dividend. y Ex-rights,
tin default.
tThese
net furnished 1A' sponsor or issuer

b Yield

Cash sale—not included in range for year.

bonds

Ask

1943.
1944.....

0.32%

9,1943
23,

6,

0.32%

16,

•No

30,

Jan.

bO.3 7

Dec.

Dec.

0.28%

b0.37

b0.37

1943——

Dec

105%

107%

2,

Bills
Rid

Dec.

b0.37

Nov.

0.70'

at purchase

Ask

Treasury bills—

Housing Authority—i
Feb

quoted are for discount
Bid

3s——^1,-1947




53%
509

21%

3s_——1-1948

195fi-194B;_„—L

100.19

Ask

%%

JMar 15,

U S Conversion

1.

Bid

Int. Rate

Jun

tMar 15,

U S Conversion

Mfav

46 %

199

Figures after decimal point represent one or more 32ds of a point

Maturity—

tDec. 15, 1945

15.34

105 Lj

3a

36%

Quotations For U. S. Treasury Botes
%

104%

-

103%

1

105,i

1956-1946

103

IV»%

104

——

1,

Trust

South Carolina

(Indnma)—•

1944

104

1955-1945

—300

City Bank——12%

York

100%

debs

1943

103! 2

Jan.

& Co Inc

Ruppert

Lt 3s.—1973

Light 31/4S__1973

Power &

Power &

15,

31/4S

3s

102%
102%

Dec

1%

1% % notes
Other

51?-e

Ask

102

102%

Mar 15,

1

-

-——Apt

<«

43%

United States Trust

5.84

102 iV

—

33%

„20

1,450

7.97

4s .1964-1944———
1955-1945

_25
Co coin—20

preferred
UP)

3.05

13%

100 1,445

Manufactures Trust
Conv

2.97
12%

_10

1,410

Powei^3%S—1968

Calif Elec

Federal Land Bank Bonds—
1946-1944——

—L100

—

86 ?4

77c

Bid

tlfe

Guaranty Trust
Irving Trust
Kings County Trust
Lawyers Trust

155

33%

21.13

15.60

Ask

100.7

•

■Ask

Bid
140

25

24.49

16.08

.

1

Reconstruction Finance
100.5

100

New

.1963

Obligations Of Governmental Agencies
Bid

Trust

Title Guarantee &

5.34

—

Banking
Corporations

1.08

Par

Fulton

West

Investment

21.44

Gas

Public Service

10.03

America—_10

of

33? 8

Public Nat'l Bank & Trust—17%

7:29

Shares A

—,

Insurance Group shares—'—.

74

18%

19.33

——i

U S El Lt & Pwr

88c

69

31%

10

77

68c

i__

Wellington Fund—

Aviation Group .shares—.

51

Recent Bond Issues
Atlanta

43 c

Stock Fund B-L——

B

48%

46%

23.75

series A—__

Union Preferred Stock Fund

•2.37

Ltd-r-

4.83

37%

6.08

.25c

Fund

C

.Union

_10o

Common

Securities

26c

Inc

67%

4.68

35%

B^nk ShS-4-

B

Series

•

37%
129

64%
-100

—

8

17?

5.48

Industry Shares-t_ .25C

Bond

100

3?/4s series E
1

Class B——:

4.30

Tobacco shares——

Bank

National

2%s

2.04

_-i_. ;—1

Trusteed Amer

123?i

73

—

2.14

Sharesf_ii_.

50%

55%

23

U S Fire

National

Panhandle Eastern Pipe Line-—
;

40

43%

Trust—10

Exchange Bank & Trust.20
Empire Trust
'—50

Iowa

2.17

i_.

-

230

220

100

—

Bid
6.3G

Super Corp of Amer AA_i_ -Ill
Stand Invest Shs-i-

Low Price Shares

.

48%

Fidelity & Guaranty Co„2

Morgan

9.70

5.75

Trustee

5.08

100%.

34%

10

3.96

i_ .—1

Investing

92

^13.55

—

Continental

First

■

Selected Amer Shares—i

46%

87

10

-

3.71

3.59

100
-

88.88

8.90

•'

1

23%
306

3.41

87.12

Trust

49

5.90

—10

Ask

20 Vi

Commercial National Bank &

12.81

28

21%
296

City Banks & Trust Cos.

Par

Co.—10

Chemical Bank & Trust

44

Shares—^.L .100

,''';

38%

X26

-.10

-02?<j

16%
Z 7

a

1

Chase National Bank

2.13

5?

Standard Accident
Travelers

Central Hanover Bank & Trust 20

2=00

....10

U S Guarantee-

-

"2.50

Plymouth Fund Inc_10c.!.•
Putnam (Geo) Fund——_I— l

15%
60 %

29%

2

Westchester Fire

Brooklyn Trust

1

14%

47

Bank of New York,.
Bankers Trust

"2'.5(i

Seourlty New HavenSpringfield Fire & Marine

98 ?4

5.92

;

44 ? i

36 Va

30%

X5.37

—-i— 1 \

Seaboard Surety—

10

.,

Fire-

44

Steel

1956-^—__—„_i— 1

19%;

(NY)

Paul Fire & Marine

93%

Bank of the Manhattan

Series

St

27%

8

6.52

Series. 1955

Revere

49 Vi

10

Fire

xo.92

•Series 1953

29

10

88%

15%

...

(Texas)

Home

4.59

38%

Republic

Hartford Steamboiler Inspect.„10

7.67

'i"

13%

62%

-

6.40

North Amer Bond Trust ctfs
North Amer Trust shares}"",

Reinsurance Corp

8%

—8

10.29

-Li.——

91%

(Paul)

48%

84%

Providence^Washington

42

5

93

110%

46 %
..-.3

17%

,

08%

—

Preferred Accident

66'%

r

5

%

105%

46%

Ins. com.

X4.16

-

Phoenix

12.50

27

——

—

Hartford

-

4

10

preferred
American—

Hanover

43%

River

12%

—5

—

X3.36
•

—

59%
145

Fire

87%

5

X5.81

;

Railroad

:•

62 %

t

:li.

slock

9.10

3s

33%

44 %

10

XG.32
•

—

8.10

Food shares

x

31%

5.85

40

9.21

Electrical Equipment

4s

—10

139

X8.37

stock

New Brunswick

—3

10

2nd

29%

—10

20

Great

8 %

196

27%

York

Federal

9.90

7%
186

Casualty- —2

Hampshire Fire

5

Globe & Republic—*
Globe & Rutgers Fire

60 %

New

Fidelity & Deposit of Md

Glens Falls Fire

57%

8%

New

1.30

of

5%

24 %

22%

Continental Casualty

Firemen's

7%

4%
21%

Union Fire

New Amsterdam

87%

5.60

3

7.10
2.81

4

'

20%

100
Fire

Employees Group
Employers Reinsurance

X9.00

Scudder, Stevens <Si Clark
Fund, Inc_

Co

Camden

2.47

-

Y

(Detroit) —10

10

Boston

4.39

Railroad equipment—^

•■r

x82%

N

49%

10

8.60

5.82

6.10

Investment

25

?4

8

Fire Assn of PJaila—

Oils
:

7

2Va

&

5

73 Va

46%

—20

8.60

6.90

Institutional

National

—

Merch

6%

70

—_a

43

X7.87-

6.14

Steel

617.'i

40%

X5.28

6.27

RR

59%

10

f

5.58

Petroleum

25

Automobile
Baltimore American

Corn

shares——

Railroad

Surety

5.99

89.60

37.30

1.17

—.1—

—

Quarterly Inc

shares——^

bond

American

National Fire——
National Liberty

6.57

1

Inc— V

5.54

General

16%

3.40

l

Chemical shares

Fully

15 %

9.85

_*

Building shares—i-—,

Aviation-

10

;

——

'

Automobile

Reserve—

'

Group Securities—
Agricultural

American

:

21.24

4.47

B

3.96

Casualty

12.38

Metals

4.23

General

Ins

National

11.49

Machinery

1.84

3.55

Invest

Fire

16%

Franklin

Chemical

17.98

Fundamental Trust Shares A„2

Fundamental

Monarch

14%

Bank

30.78

.

9.08.,

Slxares A—1

Foundation Trust

57%

10

General Reinsurance Corp—8
Gibraltar Fire & Marine
—10

Building supply.

•30%.

16.70

Fixed Trust Shares Ajl——10

54%

Re-Insurance

6.73

Automobile

12.36

29%"

Financial

Fire

2Va

American

6.90

Agriculture

21.15

>11:95

1
•

Mfrs

American of Newark

9.43

4.54

Insurance

1

Equity Corp $3 conv pfd-;
Fidelity Fund Inc

10%

12.70

9.57

':

England Fund

1.25'

Equitable Invest Corp (Mass)_5

Merchant Fire Assur

12 ?«

6.08

York Stocks

5.85

1.13

'—I

Fund-—'-—'

20 Vb

12%

Equitable-

5

10

5%

Fidelity & Casualty_5

5.81

Electrical

Stock

18%

8%

American

4.09

series-—

New

•.

>

Eaton & HowardBalanced Fund———

11%

—20

—

American

Aviation

25c

—

10%

Casualty
Massachusetts Bonding

±

•.

2.60

—

-

Dividend Shares

Maryland

7.32

.

"■•.3.45

——1

C;:w^

>•

,

.

Jersey Insurance of N ¥
Knickerbocker

23%

6.66

20.08

18.57*

_—1

Diversified Trustee Shares— ','.:

81

21%

19.55

Securities— «'•••

New

4.48 4

•

Delaware Fund—

40%

35

77%

Bankers & Shippers

Preferred stock series

33%

37%

33%

pLow priced bond series-!

'<

15%

83%

10

':h

Ask

13%

81%

10

7.82

Fund-!
1
Fpnd Inc_/_„10

Bid

—10

25

Alliance

3.99

2d

Low priced stock commdn
Bond series
1

31%

Fire

Insur Co of North America- —10

Agricultural

36.55

voting shares—25c

Income

■

18.36

Security Series—l;Z'-ZZ

29 %

P»?

Homestead

Vz

American

87.81

He

series B shares-!

(Md)

111%

•

Invest

(Colo)

56

24.67

5.46

i

1

National Investors Corp__i
National

v

•

r

'

preferred-^—100

A73>

Mutual

37

2.7%
1.19 >•

Insurance—

Investors

Nation-Wide

2.56 t

%

preferred———100
Forster

4.79

Fund

Mary/and Fund Inc—_v_i
Mass Investors Trust—-!

2.56

& Forster common—10

A8%
&

•

2.14
2.14

*

—1

A Crura

Crura

"

Life

54

3.57

Looinls Sayies Mut Fund-/
*
Loomis Sayies Sec Fund_^
10
Manhattan Bond Fund Inc—
Common
___10c

Mass

__iq

Aetna

A«k

143 '-3

11.53

_i-

^

Knickerbocker

2.26

1
1 %'

Accumulative series—-———1
AA

145

■;

4.41

1 % 35

Consol Investment Trust

Series

2, 250

140

1

Corporate Trust Shares
Scries AA-

10.07

9.31 v

com.—100 2,150

Securities

14.94

1

Century Shares Trust—.
Christiana

16.66
27.73

-•

1

—

Ltd

Fund

Inv

104.69

15.49-

24.65

American Casualty

Bid

135%

10

22.44

S-3—

Fund Inc

16.76

Surety-

Aetna

8.65

4

Inv

9.30

:

16.70

414

Bond-

Bullock

K-2

3%

Broad Street Invest Co Inc__—5

18.92

15.28

I

1

Industry Shares--

Boston

K-l

———

—5
10

Basic

27.91

17.25

;■

B-3

Series S-l_—
Series
S-2

preferred

A6%>

25.43

Par

Aetna Casual &

B-4

Series

Bankers Nat Investing—
A Common

29.07

8.47

B-2

Series

Scries

;;

6"/«

3%

27.77

B-l—

Scries

3.40

13.17

Ask

Keystone Custodian Funds-

23%

22%

1

Foreign luvesting.lOc
Assoc Stand Oil Shares—
2

American

Bid

Par

6.84

IV4

Affiliated Fund Inc

Insurance Companies

Ask

AQuotations

Y.Y...

.

';/%Y:

Y Y^'THE COMMERCIAL & FINANCIAL

1972

The

Vv

U,YY' Y-Y

■

CHRONICLE

0

Y"\V

Y

•

■

'

Monday. November 15, 1943

Capital Flotations in the United States During the Month of October
and for the Ten Months of the Calendar Year 1943
Of the October

Corporate capital issues for the month of October,
were the largest of any month since June, 1942, the
aggregate amounting to $127,335,693.
The activity in
1943,

field

this

followed

immediately

new

total, $40,673,226, or 31.9% represented
and $86,662,467, or 68.1% was for refunding
The trend of the market towards refunding

purposes.

issues

has

continued

month

Type of
Security

Dated

Aug

successful
Third War Loan drive which got under way Sept. 9 and
continued into the early part of October.
Public utility
issues predominated with most of the offerings going for
refunding purposes.
Total utility issues amounted to
$49,812,500; railroads aggregated $27,929,000, while other

month without inter¬
ruption since the first quarter of this year.
There was only one issue placed privately in
October,

250,000,

industrial and manufacturing

9.4%

4

the

tion

was

stock.

common

The

nia

industrial combination of debentures

one

.

principal utility issues

Electric

shares of

Power

514%

Co,

first

and 40,000

bills

preferred stock, $15,000,000
Light Co. first mortgage and collat¬
eral trust 3s and 40,000 shares of 4%, preferred stock
and $7,500,000 Atlanta Gas Light Co. first mortgage 3s
and 20,000 shares of 414%
preferred stock.
Railroad
issues were made up of $15,000,000 Illinois Central RR.
2y2% equipment trust certificates and $12,929,000 Phila¬
delphia Baltimore & Washington RR. general mortgage
3s.
The principal industrial issues were $20,000,000 P.
Lorillard Co. 20-year 3% debentures and 374,391 shares
of common stock, aggregating $5,241,474, and
150.000
shares of $4 preferred stock of McKesson & Robbins,
Inc., totaling $15,000,000.
CORPORATE

1,005,236,000

906,813,000

1,002,333,000

905,310,000

989,000,000

2

Ctfs.

of

indebted...

1,559,000,000

aggregating $14,-

Aug

1

Aug

10.1%

or

This compares with five issues

of the month's

Below

October

total

Savings

%Y.
January...-.—....

5,179,816,000

2,425,749,980

904,992,000

96 887,000

Treas.

bills

1,004, 913,000

908,689,000

96 224,000

Treas.

bills

1,008, 342,000

1,000,489,000

91

day Treas.

bills

1,005 381,000

30

1,006,051,000

670,000

91

day

bills

1,002 901,000

1,005,718,000

2 817,000

15

7/a %

indcb.

4,120 000,000

Sep

15

Sep

15

Sep

1

Sep

Treasury Bonds
Treasury Bonds
U. S. Savings Bds.
Depositary Bonds

Sep

Tax

day Treas.

9

91

day

16

91

day

23

Sep
Sep

Treas.

ctfs.

of

for

5,260 000,000

91

day Treas.

Oct

14

91

day

Oct

21

91

Oct

28

91

day

bills

New Capital

Total

Refunding

$

$

$

Y :/

4,825,939,000

1,006,931,000

1.003,063,000

Treas.

bills

1,004,964,000

1,001,159,000

3,805,000

day Treas.

bills

1,000,798,000

1,003,709,000

t2,911.000

Treas.

1,008,064,000

Oct

15

Ctfs.

of

indebted.-

Ctfs.

of

indebted...

1,963,427,000

Sep

15

75,609,3\5
118,294,42*

227,012,100

86,634,370

115,287,655

143,238,764

351,952,885

186,112,817

617,987,420

20,784,940

74,902,000

95,686,940

18,527,000

39,469,665

107,180,735

63,874,177

197,102,123

quarter

113,390,374

204,307,159

$

44,743,680

73,364,291

103,841,600

5,806,500

115,641,003
109,648,100

95,812,568

125,811,993

76,827,430

61,685,570

138,513,000

79,404,976

215,458,248

294,863,224

277,783,033

86,019,070

363,802,103

263.287,476

413,763,681

486,497,154

229,257,834

715,754,988

380,373,444

—

19,174,700

65,579,800

84,754,500

27,509,976

32,719,350

60,229,326

47,069,170

—

22,403,704

79,311,000

101,714,704

58,600,000

6,018.000

64,618,000

9,875,000

55,165,000

65,040,000

28,445,586

30,436,500

58,882,086

251,509,204

<114,555,562

69,173,850

183,729,412

408,736,626

September
Third quarter..

57,687,000

1,127,794*000

51,453,404

.

200,055,800-

1,626,007.000

1,708,163^250

30,208,500

30,208,500

460,690,000

460,690,000

„

Antic'n Notes.

for

October

12,573,270,750

$

275,687,665

194,260,627

150,476,205

July
August—.;

1,578,537,000

57,687,000

Bds.

Tax

Total

328,616,342

for

ten

7.159,658,000

5,413,612,750

months____100,425,411,764 39,683,336,000 60,742.075,764
•intra-government
1913

Total

for

six

417,673,232

611,933.859

Retired

Y-Y-

$

months—

Net Issued

Y'-;.:."

$:

V $

6,966,487,000

5,127,196,000

38,000,000
566,347,00.0

90,000

37,910.000

19,013,000

547,334,000

604,347,000

19,103,000

585,244,000

;

Notes

1.035,660,652 1,416,034,096

Total

for

86,628,380

133,697,550

327,402,743

74.427,157

401,829,900

161,391,300

195,656,013

July

Certificates

34,264,713

Notes

322,446,837

financing

Issued

1,839,291,000

JulyCertificates

Second

Savings

5,245.000

'

r

.

1,963,427,666

1,626,007,000
1,127,794,000
1.708,163,250

Y.YYY'::YV..;-'YY

28,620,611

—

S.

,/cy.Y Yy.Y

260,976,300

90,916,785

"

29.999,425

MayJune

U.

Depositary Bonds

146,650,400

97,114,003

:

1

804,100,237

79,085,120
208,714,121

Treasury Bonds _Y

201,922,025

18,900,500

118,900,457

Treasury Bonds Y,
Treasury Bonds Y

15

273,561,870

39,209,300

56,708,875

47,829,228

15

Sep

Total

46,549,770

13,195,000

71,071,229

Sep

3,868,000

1,002,819,000

1,578,537,000

15

17,640,404,619

Total

$

1,865,000

quarter.

Refunding

99, 365,500

22,466,343,619

Oct

52,928.677

85,128,964

95,390,457

Capital

2,259 996,000

bills

Oct

$

72,920,126

38,447,228

New

1,926 566,119

Oct

Date)

158,049,090

10,315,000

56,943,229

April—

Total

$

7,517,000

—:-

First

Refunding

5,260 ,000.000
3,777 000,000

99, 365,500
2,259, 996,000

September

7

4,120 ,000,000

1,926, 566,119

_

Total

7 853,000

3,777, 000,000

:

Antic'n Notes.,

Oct

*1911

11,330.000

March

to

22,235,000

1,001, 879,000

of

—*1942

2,798,000

February

(Revised

213.470.400

7,605,565,980

...

91

Sep

present a tabulation of figures since -^Janu¬
showing the different monthly amounts of
corporate financing as revised to date. Further revisions
of the 1943 figures will
undoubtedly be necessary from
time to time, particularly as additional
private financing
is brought to light in annual
reports and other places.
1941

801,732,586

bills

2

Sep

we

1943, 1942 AND

97,023,000

1,559,000,000

22,235,000
213,470,400

_

Notes

August..

98,423,000

989,000,000

801,732,580

Bds.

Antic'n

Sep

1941,

ary,

S.

Depositary Bonds

,

Tax

Sep

when $10,899,995 was
$16,589,990 compares
with $20,530,382 in September and
$38,075,880 in October,
1942.
The October, 1943, figures are exclusive of the
Philadelphia (Pa.) bond exchange program.
Of the
month's total $5,364,190 was for new money and
$11,225,800 for refunding.
'Y,;;
3
The

U.

,

Total for

month since April, 1933,

any

recorded.

1943
New Capital

99,852,000

bills

BY MONTHS

FIGURES

906,987,000

bills

Oct

OF

104,0x4,000

indebted..

amounting to $12,929,000,

August—

YY

Total

731.183,463

303,000,000

-

for

463,343,276

665,272,885

601,052,716

298,431,684

899,484,400

789,110,070

40,673,226

86,662,467

127,335,693

2,434,300

43,845,700

46,280,000

103,661,200

97,050,220

November..

200,711,420

6,679.000

13,330,876

20.209.876

89,427,250

42,384,100

December-

66,328,990

81,046,000

80,002,863

59,061,554

139,064,417

Total

Fourth

quarter-

23,830,310

123,705,566

147,535,876

273,091,313

198,495,874

471,587,187

624,883,026

147,691,000

461,768,000

11,077,000

450,691,000

October—

Twelve months.

11,077,000

131,811,350

14,717,010

303,000.000

158,768,000

August.—.

201,929,609

1,358,107,489 2,147,217.559

SeptemberCertificates

October—

>

_Y

32,000,000

422,137,250 1,047,020,276

1,062,201,383 1,556,603,363 2,618,804,746

>

for

31.800.000

515,885,000

t221,536,000

326,349,000

September

200,000

294,349,000

Notes

Certificates
•

516,085,000

1189,736,000

11,070.000

123,154,000

<

Notes

28,000,000

___Y

28.000,000

134,224,000

•Revised.
Total for October...
Date

Treasury Financing in October
The

Secretary of the Treasury announced on Oct. 6
exchange offering of securities to holders of 314%

an

Treasury Bonds of 1943-45 called for payment

on

Oct. 15

Amount

Applied for

162,224,000

11,070,000

151,154,000

8,521,175,000

5,684,531,000

2,836.644,000

Amount

Accepted

Total

Offered

Dated

Aug 27
Sep
1

Sep

2

91 days

1,177,631,000

1,001,879.000

99.905

♦0.375

Sep

9

91 days

1,281,212,000

Due

Y

'.-.:

$

Price

Yield

%

Y:

for

ten

months.^..

♦Comprise sales of special series certificates and
notes; certificates
to Adjusted Service Certificates Fund
and Unemployed Trust Fund,

sold
and

notes

to

Federal Old

Age and Survivors Insurance Trust Account,
Fund, Foreign
Service
Retirement
Fund,
Alaska Railroad Retirement Fund, Postal
Government Life Insurance Fund, National Service

1,004,913,000 I 99.905

•0.375

of Series

Sep

10

Sep

16

91 days

1,535,294,000

1,008,342,000

99.905

♦0.374

D-1943, maturing Nov. 1, 1943.
2%% Treasury Bonds
Treasury Bonds of 1951-53 were of¬
fered in exchange for the 314% Treasury Bonds of 1943-

Sep

17

91 days

1,498,766,000

1,005,381,000

99.906

♦0.374

Canal Zone Retirement
Fund,

Sep

24

Sep 23
Sep 30

99.905

♦0.375

Savings

and

to holders of Certificates

of Indebtedness

of 1964-69 and 2%

Holders of Certificates of Indebtedness of Series D-

45.

1943, maturing Nov. 1, 1943,
Indebtedness

of

Series

offered Certificates of

were

F-1944, with

adjustment of
interest as of Oct. 15.
At the same time the Secretary
announced the offering of an additional
$1,500,000,000
or
thereabouts, of the 2% bonds of 1951-53 and also a
an

91

days

1,337,648,000

1,002,901,000

S 9-0 2

Sep

15

11 mths.

4,120,000,000

S 9-0 2

Sep
Sep

15

8-10 yrs.

5,260,000,000

4,120,000,000 100
5,260,000,000 100

2

15 20-26 yrs.

3,777,000,000

3,777,000,000 100

Sep

1-30 Sep

1 10-12 yrs.

Sep

1-30 Sep

12 years

99,365,500

Sep

1-30 Sep

2 years

2,259,996,000

Civil

Service

Retirement

System,

2Vst

S 9-0 2

Total

for

1,926,566,119

September—...,-:

1,926,566,119

Life

%

a

b

Savings

Fund, Federal Deposit Insurance Corporation,
& Loan Insurance Corporation,
tNet retired.

and

a

99,365,500 100
2,259,996,000 100

Insurance

Federal

;Y-

2

Details Of New Capital Flotations

Y

22,466,343,619

During October, 1943

Oct

1

Oct

7

91 days

1,239,489,000

1,006, 931,000

99.90&

of

Oct

8

Oct

14

91 days

1,185,062,000

1.004, 964,000

99.905

•0.375

F-1944, for cash to commercial banks for their

Oct

15

Oct

21

91 days

1,413,861,000

1,000, 798,000

99.905

♦0.375

Oct

22

Oct

28

91 days

1,286,529,000

1,008, 064,000

99.905

♦0.375

con¬

Oct

6

Oct

15

11Va

ms.

5,386,065,000

100

by the Treasury last month.
Sales of Savings
Bonds, Depositary Bonds and Tax Anticipation Notes

1,578, 537,000

Oct

6

Oct

;5

IIV2

ms.

1,963,427.000

1,963, 427,000

100

Oct

6

Sep T5 21-26yrs.

57,687,000

57, 687,000

100

Oct

"6

Sep

15

8-10 yrs.

6

Sep

15

8-10 yrs.

like

of

amount

Series

account.

own

%%

This

Certificates
the only

was

of

Indebtedness

special financing

ducted

credited
cluded

to

in

the
the

Third

War Loan

following

Treasury in its statement

in

tabulation
as

of

TREASURY

Date
Offered

Due

S

1,626,,007,000

100

chase

price

1.127,,794.000

100

2

loans

($10,515,000 >.

the

1,708. 163,250

a

a

according to

Oct

1-31 Oct

12 years

30,208,500

30, 208,500 100

2

Oct

1-31

2 years

460,690,000

by

Total

Jun

July

30

for

six

July

months—

:

Price

Y: Y:

%

[

49,746,876,044

1.175,078,000

1,001,757,000

99.904

♦0.375

,92 days

1,344,535,000

1,000,411,000

99.904

♦0.374

July 16

July 21

92 days

1,520,429,000

1.003,796,000

99.905

♦0.374

July 28

92 days

1,373,786,000

1,002,819,000

99.904

♦0.374

July 12 4 yr.2

July 1-30 July

1

July 1-30 July

for

10-12 yrs.

19543,543.500
889,690,821

12 years

July 1-30 July
Total

mo.

a

lVa

Y

414,032,550 100

\

b

for

ten

months...

&

100,425,411,764

♦Average rate on

bank discount basis,

a

4

92

days

1,408,809,000

1,005,720,000

99.904

days

1,431,223,000

1,006,839,000

99.904

♦0.374

Aug 13

Aug 19

91

days

1,420,407,000

1,005,236,000

99.905

♦0.375

Aug 20

Aug 26

92

days

1,277,910,000

1,002,333,000

99.904

♦0.374

July 22

Aug

2

1 year

5,484,000,000

989,000,000 100

July 22

Aug

2

1 year

1,559,000,000

1.559,000,000 100

%

% Y

Aug 1-30 Aug

110-12 yrs.

Aug 1-30 Aug

12 years

22,235,000

22,235,000 100

2

Aug 1-30 Aug

2 years

213,470,400

213,470,400 100

b

A-1945

and

series

B, about 0.48%
inated

June

C-1945.

and

22,

Series

series C,

A

earn

about

1.92%

a

year,

about 1.07%, Sales of tax series

A




to

3%

Inc.; Otis & Co., Inc.; R. W. Pressprich & Co.; A. C,
Inc.; The Illinois Co. of. Chicago; L. F. Roths¬
Co.; Graham, Parsons & Co.; 'stifel, Nicolas &

a

&

Inc.;

Co.;

Equitable

term¬

1943.

Securities

Hornblower

&

Hutchinson

Lowber

Stokes

&

Morrow

series

&

and

Co.,

♦12,929,000 Philadelphia,

Co.;

Hlrsch,

Corp.;

Weeks;
&

First

F.

S.

of-

Lilienthal

Michigan

Yantls

&

Corp.;

Co.,

The

First

Cleveland

Co.;

Walter

Weil

&

Stokes

&

Arnold.

Co.;

Watkins,

\

Baltimore &

Washington RR. gen. mtge. 3%.
bonds, series E, due Oct, 1, 1978.
Purpose, refunding.
Price, par and int.
Sold privately to Equitable Life As¬
surance
Society of the United States.

OF FUNDS

,

Total Amount

Security

Dated

Accepted

Refunding
s

months—

New

v.

Indebtedness

x

$

/

49,746,876,044 19,101,944,000 30/644,932,044

$27,929 000
PUBLIC

;

%,$7,500

000

UTILITIES

'

Atlanta Gas

a

July

7

92 day

Treas.

July 14

92 day

Treas.

bills

1.000, 411,000

803,925,000

July 21

92 day

Treas.

bills

1,003, ,796,000

905,584^000

bills

July 28

92

July 12

Treasury

July

IT. S. Savings Bds.

1

day Treas. bills

July

Depositary

July

Tax

Notes

.

Bonds-

Antic'n

Notes

1,001 ,'757,000

1,002, ,819,000

804,717,000

197,040,000

Light Co. 1st mtgfc. bonds 3% series due 1963.
refunding.
Price, 101.45 and int.
Offered by

Y

Purpose,

?Y
Y

:'1 Y

Shields & Co.; White, Weld & Co..; Kidder, Peabody &
Co '
W. Pressprich & Co.; A, C. Allyn and Co., Inc.;

■
,

196,486,000
98,212,000

,

,

Y

Bear,
Sons;

901,753,000

101,066,000

2,707, ,264,000

2,707,264,000

889, 690,821

889,690,821

-f.

13, 585,000

13,588,000

414, 032,550

414,032,550

Total

for

July...

-

Stearns

thony & Co.;
Putnam

& Co.; Spencer Trask & Co.; Tucker, An¬
Laurence M. Marks & Co.; Alex. Brown &
&
Co.; Auchincloss, Parker & Redpath;

Mitchum, Tully &

Co.,

and

Weeden

&

Co.,

Inc.

16,000,000 California Electric Power Co. 1st mtge. bonds, 3 '/a % series
due
1968.
Purpose, refunding.
Price, 103'/a and int.
Offered by Dillon, Read & Co.; A. C. Allyn & Co..
Inc.;
Bankamerica
Bosworth
Co.

7.605,565,980

0.75%

&

♦0.374

92

1

from

Y

Aug.

Aug 12

August

yield

by Halsey, Stuart & Co.,
Inc.; Wertheim & Co.; Blair

Atwill & Co.;
Cruttenden & Co.; Gregory & Son, Inc.;
Mullaney, Ross & Co.; Nashville Securities Co.; Newburger
Hano; Singer, Deane & Scribner; Stix & Co.; Edward

a
12-year maturity, are sold at' 100, and bear 2V2% Interest,
Comprised of six separate issues, designated Treasury notes of tax
series, A-1943, tax series B-1943, series A-1944, series B-1944, series

b

Total"for six

July 30

Total for

to

Offered

Dempsey-Detmer & Co.;

have

$

801,732,580

Priced

maturity.

Rollins & Sons,

Inc.;
Corp.; Kebbon McCormick & Co.; Schwabacher &
Co.; Alfred O'Gara
& Co.; Newhard, Cook & Co.; E. W. Thomas &
Co., Inc.;

Comprised of three sepa¬
series, of which series E have 10-year maturity, are sold on a
discount basis at 75, and yield 2.90%; series F have a 12-year matur¬
ity, are sold on a discount basis, at 74, and yield 2.53%; and series G
a

rate

Type of

8,033,355,371

801,732,580

Co.,

McMaster

2

Aug

6

E. H.

child

a

13,585,000 100

i

&

12,573,270,750

„

USE

13,585,000

414,032,550

2 years

Jul}'

2,707,264,000 100
889,690,821

:i>YY'^

100

Inc.;

Co.,

July 23
27

YY

%

Yield

July 14

Jun

•;

1943

9

;

460, 690,000

:,Y

Allyn & Co.,

92 days

7

Oct

for October—

Total

Accepted
S

2,/s>%
equipment" trust certificates
serially 1944-1951.
Purpose, pay pur¬
of equipment ($4,485,000), to refinance RFC

1,127,794,000

2

v

RR.

due

1,708,163,250

Amount

-.Y V:

Central

"W,"

1 10-12 yrs.

FINANCING DURING

Applied for

Illinois
Series

Va

of the month.

the close

Amount
Dated

$15,000,000

7«
2

Years)

RAILROADS

1-31 Oct

Total

STATES

Five

%

Oct

are

We give below our
customary tabulations;
UNITED

5,530,856,500

Long-Term Bonds and Notes (Issues Maturing Later Than

Oct

shown

as

♦0.375

in¬

November

8,033,355,371

3,415,979,000

:•

901, <06,000

of

for

convertible

Delaware Power &

SUMMARY

$ V

1,005,720,000
1,006,839,000

Ctfs.

600,000, or 14.2% in April; $32,800,000, or 34.3% in
March; $8,500,000, or 36.3% in February; and $9,500,000,
or 92.1% in January.
Municipal financing, which has been on the decline
for several months, reached the lowest ebb in October

and

-

3V2S

mortgage

bills

Indebtedness

or 21.9% of the September total, $9,650,000, or
in August; $29,412,000, or 34.6% in July; $29,450,000, or 23.4% in June; $1,770,000; or 2.4% in May; $13,-

$16,000,000 Califor¬

were

Aug 12
Aug 19
Aug 26

$

2

total.

$48,094,combina¬
offerings of bonds and preferred stock issues. There

also

by

Refunding

Aug
Aug

this

issues footed up
The utility deals were for the most part

143.

New

Accepted

92 day Treas.
92 day Treas.
91 day Treas.
92 day Treas.

Aug

after

Total Amount

.

$

money

4,617,376,371

of

Miller

Co.; Blyth & Co., Inc.; Boettcher and Co.;
Chaunte, Loughbridge & Co.; The First Trust

Lincoln.
&

Co.;

Neb.;

Garrett-Bromfield

Hornblower & Weeks;

(Continued

on page

W.

1978)

&

E.

Co.;

Hayden,

Hutton

&

Co.;

1

<

2
O

c

H

B

C

3

a

M

o

o

g

w

a

a

o

>

a

Cn

>

o

>

n

a

a

o

o

r

w

K>

ft®

n>

00

HH

to

cr

»TJ

VO

H-l

)—i
CO
to

Total

0 0 3,274, 59

$ 17,24 0
r_■i.

-193

Refundi g 157,431 8

~~

Total'. .

17, 1459 510.9 ,0 52.48059 1,50,0 742,1058

3,25a

42,925

235,09 0 10,3 .264 1,50,0

157,4 063

$

40,37 2

9,20 , 0 148.57,0

6,40 , 0
~

Refundi g 147,051 8

3,10 , 0

*

3,"40~6O 729,420 6~250,6od

$

-193

840, 0 6,250, 0 17,240

•

157,4318

Y

i

v-g.*•(«, a■.
v--■7«»-

*
•

•.

Capit l

$

New

.

Total

13,85 62 3720,75 3,274,59

Capitl 21,5305 9,87,0 16,32075

47,2810

-V:

$

New

146,270

$

Refundi g 96,250 2 80 , 0

207 5,0

36 ,90

531,250
~

I_48,l60

New

$

Total

97,05 20 34,82 0 35,41 501 167,28 1

~

•

8,67 ,350

31,650
1,50 , 0 21,530 5

Refundi g 4,0 ,0 73,85 20 15,960 340, 0 2,056,0

Refundi g 43,610 184,70

43,8570 30,645.0 12,36519 86,5 891

$

~

1 9,0 0

Capitl

2,315,30

2,43 , 0

New

Total

$
v-V

-1943

CORPATE,

127,35693 56,920 16,589 0 20,84563

Refundi g 59,2860 2^36X87

Capit l
New

SOUM AFRY

92,579.0 28.41750 6,34,193

"•

$

GONREUPFWI

86, 2467 46,0 0 1.2580 143,98267

3,2804 1,048.63 6,34,193

:_*•
',.

CIOSTURNPHIEAED

25,710689 28,14 98

40,67326

6,250, 0

157,4 063

6,057,0 5 :01 .580

427, 50

020
L

4,59

13,69 120 50, 80 207,34.50 5,0 0 31,5970

1,09 ,780 7,59750 26,197 50 15.28,0 5,894,05

16,28420

921,275

3,42,459 20, 973 6

Total

$

L

36 ,90

427, 50

148,10

1,09780 9,0570 47,2810

vf

50.8

80 ,0 0

96,250 2

80 ,0

1,540 460. 0 214,0 10. ,0 50,2780

12 ,275

9,50 , 0 31,25 0 2, 0 , 0

825,0 0

12,70 0 20,71 420

15,960 340, 0 2,056 0

97,05 20

2,70 0 53,6 420 21,39.0 6,240.5 750, 0 61,98 45 460, 0 214,0

12,70 103,6 20

4,0 ,0 74,65820

—

-

50,814 5
2,50 ,0

43,780

~r '

i.

2,50 , 0 9.50 , 0 31,25 ,0 2, 0 , 0 3, 25,0
•

Refundi g 9,50,0 31, 60 2,0,0
$

1942-

>

1'84,70 9,50 . 0 2, 0 , 0 1,0 9,70
31, 60

£43,8570

1 9,0

.Capitl ;~YI9,6O

2,315,30

2,315,30

1 9,0

2,315.,30I

2,43-, 0

~

27,9 0 38,50 0 26,150

92,5790

1,3250 21,Y4 193

1,50 , 0 34,756 93 27.9 ,0 49,81250

48,09413

Refundi g 12,9 0 38,50 0 7,869,0

59,2860

1,031520 i5,o ~6o

1,32-47 27,36 87 12,9 .0 49,531 20

2,869 0

Capit l 15,0 0 18,204

3,2804

280,980

$
r

S

-1943

.

184,70

New

.

-'5."■ 46,280, 0

43,610

825,0

$

'Total

345, 670

.

2,70 0 54,35420 25,390 80,98275 750, 0 7 ,9641 5 80 ,0 2,70

1lY45

'

CAHARNTDE

10,86 0 5,364,190 56,897416

750, 0

New

46,280 30.645,0 38,07580 15,0 80

•

-1943

Capitl 21,390 6,18.70

132,895

■ 43,780 2~50,0

Total '$

729,420

■.-/

3,42 ,459 6,481,534 9,20 , 0 1,50 ,28

1,8017 50 i5,73 ~176

25,390 79, 70 750, 0 27,150 80 ,0 2,70, 0 10, 0 146,27 0

$

29,38025

103,6120

SbSftrtGamFaoouhenvicgdyeprndlsmeasyl. FTMOFCAHINVERBRE
FGOFOLMAFVRTIUMONEERACQIHNCGMPNDREBGT,R
New

;■-

3,4 2,9 5

'

<g

1941

YEARS
FYEOIVARS
Capitl

147,05i~18

-

3,05V,075

'

50,25780 2,70. 0 50,935420

42,925

;

'

$

.

17, 1459

10,478 0 20,38^190 1,09,780 7,987,50 39,83 70 65,8160 213. 8,40 5,0 0 47,28190 51 ,0 1,09,780 9,487,50 39,07480

~

Capit l 15,280 4,093,0

20,71420 34,82.0 64,52 6 30,185946

$

-194

:■i

27,10 0 51 ,0 1.50,0 35,18 0

65,8160

Refundi g 50, 80 198,6570 ^ 5,0 0 26,58750

-1940

12,09. 738,60 257,08

3~50, 0 50,935420

$

Total

>

$

Total

345, 670 28.05,0 79,6357 453,16034

*;

13,85 62

-

?'■:■r

-

'■

6,250, 0 3,42 ,459

:
:

38,4019

Refundi g 31,650 137651,40 4 ,720

—- r.:

~42~925

840, 0

'"v

39,07480 140, 90 17,4218 710,36 51

$

-1940

1 0,580

3,0 ,0

New

23758,40 16,35470

S 35,18 0

/:*■'

9,20 , 0 1,50 ,28

Capit l

20,9736 275.86,0 42,176 95

v-

9,50 , 0

3,42 ,459 6,524, 59 9.20 . 0 148,570

$

New

.6^94,13

.

.

'

167,653

7,39286 15,0 0 280,980

~

1,50 , 0

127,35693

1,32 47 86, 2467

:

1

167,53 40,67326

25, 4593

'

:
•

- obtained LI_' •_ etc. r imanufctrg-.L_w etc. . manufctrig-: ^ etc . I_ ~rL etc.

OCTBER boCnanodtedss '_ bonanodtseds : • _ bonanodntesds. stock_ ^ corpate. foregoviegrnmnt^"LGoaoaanvndtc,is SPotaseeisn toal. fdiignfunculrooedstes OFOCTBER BNooteasn—ds aacensodri MIiscelanous 1 SBhNoorot-antTeendsm-ds acesori Miscelanous acesori Miscelanous
Governm_5-t2S *MSu&naicpea.ls_,, ;:_i utile.s scectootepa-llr,,, manufces indamuasnnutrfdctlrig bueil:dtncg,s, _ ;Inthtvrreoaustldmdsiinnngg,,, ;- utiles-. sctceeoopatll,,r,manuf induasntrdl bueildtncgs, ;Intvrhetrusoatmlsddiinnng,, _ utiles- sccteeootpa.l-l,,r,man:uf indausntridl buieldntgcs., Intvrethusrtoamslddniinng,g,, ; utiles sctceoeoaptll,,r,manuf.- aacnesdori indumasatnnrufdlctrig ——buei;ldtncgs, Itntrvhreuasotmsdldinning,g,,M:iscelanous csoerpcuriatte-*

OF Long-term Short-em Prefstoreckd Comstocokn Long-termShort-em Pre;fstroeckd Long-term Short-em Pre;fred Comstoocnk
Comstoockn
Corpate— Domestic— Candian- foreign-

MONTH




Other

Grand

Total

Can dian Other

Farm

United

"These

MONTH

Long-Term Railroads Public Iron, Equipment Motors Other

Total

Oil

Land, Rub er Ship ing

Railroads Public Iron, Equipment Moatonr'ds Other

Total

Oil

Land, Rub er Ship ing

Stocks-

Railroads Equipment and

Public Iron, Motors Other L"nd, Rub er Ship ing

Total

Total-

Railroads Equipment

—

Public Iron, Motors Other Land, Rub er ship ng
Oil

Total

•-o

Total

s

1,4893 ,50 78.10, 149.3 40 60,13057 79,50 0

1,85709, 7

Refundi g ,24169.7 74,30. 0 127, 629 365,18 79,50. 0

67,50. 0 2,34172,150! 95.60419 1,950, 0

S

1939-

Capit l

$

New

.

Total

1,52601,397 8,250. 1,492.680^325 160.4 7

$

1,50 , 0

Reftmding 1,49.05,37 24.561,0 120.839, 6 3,26,962

New

Total

S

Capit l 378,20.93 1,0 0 50.61,794 65,348 61

418,70 571,68254 2,15,0

$

New

Total

1,52970638

S

2,05419,70 37,54.0 185,230 5 74,245

25,3047,294818

30.9,0 73,49 0 317.05, 0 6,250, 0 14.3750 17,30 8,513,0 1,350, 0 158, 0

Capitl

S

Total

$

421,875

-192 Refundi g 3 0.9 72 0 1,0 .0 7,58 24 2.692,570

'■ .

x./a

2.6 1.0 14,0 0

New

Total

421,875

485.604, 1,20,0 102,5784 13,69017

18,0

2,1093,81

;!•

:

910, 0

1,306. 0 27,04123

1,530, 0 14,879 5

124,06358 26,503. 2 759.480172 31,50 1,306.0 103.4967 19.50 7,50,20 1.530.- 0 67.34 78 1,59762, 8

10. ,0 1,0 0 27,485.641 1,935,0 4.094,0 46,854.32 875,0 0 1c,o40 . 2.09,780

"T203,61

108.56398 12,758.03 7.640. 0 6.250. 0 4.094.0 87. 1697 12,675.0 1.07,80 1,40.0 2.09.780 1.350 150,98.372: 50,241085

16.427,8 259, 479 36,210 1,27354,89 76.250 6,938,0 ~035_.1 257 125,97.0 28.72,0 50. 0 250, 0 149,3782

'

10 ,0

>

4,0 .0 640,135 0

365,41079

79,34269

Rcfundi g 107, 5.0 824,6.20 62,40 0 3,498,0 123, 6517 74,5620 27,069.0 4,60 0 57,28 95

Capit l

50 ,0 0

Total

50 ,0 0

5, 0 . 0 2,350. 0 7,0 ,0

204,50

15,960

2,50. 0 37,54 0 19.53,95 124.0 ,957

1,3249 ,632

5, 0 . 0 9 0, 0 7,0 ,0

150, 0

5,241,965 18, 1965

725,06 8

1,360, 0

54,50

$

-19

456,10938 1,50.0

945,764 0 43.60, 48.294, 6

250, 0
30,821.0 1,5.390 69,250 6,938,0 17,32.80 125,970 28.72,0 50. ,0 10,2 .0 2,05419,70

$

$
'

New

$

250, 0
23,160 326,9 .80 6,850, 0 3,40, 0 53,98623 51.43,0 1,203,0 5,40,0 52,91 05
95,0 0

4.65,80 362.08 0 4,20.0 3,0 ,0 250,67 0 128,30 5,47,50 18,20 0 816,0 35
40 ,0

Refundi g 15,4 850 243,619.80 2,0,0 45,963.40 19,25 0 3,42,50
$

1913

618,390 38,0 0 83,108.43 2.410,735 20,5 0

792,60857 90, 0 37,80bToO~ 380,9 78

Refundi g 452,81403 15,0 0 60.35,60 3,568, 0 18,0 0

50, 5743 90, 0 351,46^0 236, 81

Capitl
New

SUOM AFRY

603,487016 73,950 325,861 09

Capit l

SB

New

$

16.257,9 2,50 0 2,753.18 28,4205 2,50, 0

1,16,40392855 ONEFW

1,27084 CHAGARRNOCUTPDEINR

24,602835 26.34,0 14,75106 413,69041

notes.—

29,10 18,4 20 2,0 .0 3,0 ,0

204,71.360 18.37450 2,015,0

95,0 0

98,3195 13,0 157

17.258,035 18,07253 21,8204 10,982 0

2, 0 , 0

A- ' - 2, 0 , 0

_~

-.
■

1,0 ,0

1,0 ,0

30,9720

■

16,4278 148,59267 23.160 349.68720 6.850. 0 3,40, 0 165.023~58 51,43.0 1.203.0 5.40.0 .250, 86.0,967 892,7120

36,84.790 62. 1,065 15,0 .0 2.53,20 9,21,875 126,9305 4,65.80 398.2,790 4,20.0 3,0 ,0 31729fa\065 145.0, 5,47.50 95,6 O 2,53,20 28,1 875 945,76 40

-

":■.'*<

1,20 , 0

17,80 0 485,604

-v

1■
v

3,402.8 4

2,87 ,270.

4.0 ,0 10,28 094 15.4 850 247.02,64 2, 0 , 0 48. 091 20.95 0 3.4 2,50

4. 0 , 0

Total

$

520, 0

13,68.0 273,680 13,250 184,20 17,0 .0 7,21.0 2,05,0 9,73,0 639,08 0 '■• 1,0 ,0
v
i

Refundi g 76,12.0 259,7 0 10, 0 16,32 403 7,01.0 1,793.0 470,581403

50 ,0

$

-1943

Capit l

New

$

5.26,0 14.08, 0 3,250. 0 520. 0 67,83597 17,0 0 150. 0 2,05,0 8,0 .0

168,5079

\

'■;■

!

END and . - and . Govern - governmtGv,Municpcali—tStes,,Posein inncluedet END and ceoptr,manuf acesori and




Total

Grand

Other Farm United
*

—10

342,7384

.

■

1,20 , 0

3,48196 59.743 95 15,0 0 2.53.20 5.921,875 16,82956 29,10 15,90 16 2.0 .0 3,0 ,0 264.51 124,57.0 2,015,0 "95.0 0 2,53,20 23,7185 603,487016
~~

-

•ov

'—

50 .0 0

37,0 0 "

"-*J

38,0 0 16.94,0 1,07,54 93,618 29

'■
'

15,0 0

15,0 0 14,531 20 4S,06 473

2,0 .0

2.38 .380 1,0 7, 54 45, 765

468,795

;
■

:

2,50 0

468,795

3,50 . 0

520, 0
15, 978 13.680 291.60,9< 14,26754 314.8 129 17.0 ,0 7.21.0 2.518.795 13,290 792,60857

1,3 2,347 63,92430 76.1 2,0 274,310.52 10. ,0

179,386.7 7,01.0

3,125347

Public Iron, Motors Other Land,
Oil

50, 5743

2.167. 53 51,95238 5,26.0 17,291.380 4.267, 34 520, 0 135741.253 17,0 .0 150. 0 2,518,795 10,67 53

24,60835

;trading,: Boandsj.utiles cceooptal.r,,manuf—acesoriindausntrdl bueildtcn.g:—s, ; :ttrruasding,, . ;utiles—- cceoopatl,r,manufces- ori—^;induasntridl bueildtc.n_gs^,I ttrruasding,, _utiles cceoopta—l,,manufctres oi.induamsantnruifdcltrig bueildtncgs, ■ ttrhruaoedsldintincg,g,., csoerpcuriatte-.

MONTHSCorpate— Domestic- Lbonog-ntedrmsShort-emPrefstroeckdComstoocnk Candian- Lbonog-ntedrmsShort&-emPre:fsrtoeckd-Comstoocnk foreign- Lbonog-ntedrmsSho;rt-emPrefstroeckdComstocokn-. corpate. Candian foreign Loaannd Staes toal *fdiTghucroescs MONTHS LBonog-TnedrmsRailroads utiles sctoeall,,Equipment and industral ; bueildtncgs,Rube-r ShipingIntvreustmsn,Miscelanous
Other

2,34798.

1 ,3621 13,205. 923,78615 69.40 0 3,498,0 16367,5046! 74.562,0 27.069 0 4,60 0 62.530,86 1,45 7,09

ky'•v'-

and

ffr

1,5260397

35,710 106.834910 1,935'■,0 5.40 . 0 73.89564 875.0 1,40.0 46,09 159 240,6 513 35.09 0 81.238 10 318.90 6.250, 0 5.40.0 190.3164 132.75,0 8,513.0 1.40.0 3,629,780 1.350, 0 217,946150
3,629780

!;

New

$

$

-1943

-

31,0460

3,0 .0 24,5610

2.561.0 14,0 0

1,4905,37 5,0 0

Capit l 108.56,398 93,62.397 5,705,0 6,250, 0 40.827 65 1.80, 0 1,07,80 1,350 109,38207 378,2093
Total

1,85709

1.53,71 128,091480 40.638,0. 1,069.72, 4 94,0 0 27.435,129 170,26.53 6,23,420 19.05 0 97,460.571

5,468,304 2,0 ,0 2.680, 0 59I8, 6390 1.275.0 10 ,0 213,90 9,7 9, 10 81,3 017 69.435,0 53.29,67 1,50. 3,90 , 0 2,680. 0 95,60 87 56.48, 7 3.971,580 213,90 2.0 ,0 32,19 10

2,50 , 0 4,510, 0

8615,92060297835 CIOSTRUPNHIAEED
CFOGFLOARORPVEENRIGAMTND,T,
O3CTB1ER notes—.- notes. agencis&—,. fbuSonftamrtuFdanoiyihceegspddslersyal O3CT1BER Notes— i, *. manufctrig :i- hoeldticng., Notes- ?.; ,manufctrig : ;- hoeldticng., ; : — - r_.wLmanufc-tig hoeldtcin.-g,
Capit l

S

•

.

•

"

'

1,892.7350

342,7 384 360,950 162,43 87.

S

'

:

5,0 ,0 910, 0

$

4,0 .0 821.540,68 1,50 . 0

892,71 0

816,013502,0,010,5840 16,382,76

l-..

.

s

2,54601f2.7,933758046Governmt. SFTMEAOOHNFDRCIVTSR.
FMINUTAMOHCEOPNRDCGLS.
New

408,1 3

50, 0 74,30 0 126,47 96

21

/

v
'

1,45709 1,25.60

725.06, 8 18.67253 74,60.593 73,92074

-

.

213.90
209,472 9 10,730 1,297.40 106,5.0 3,90,0 2,680. 0 123.04,16 27.350 10.950 05.0 129,50481

a'*..
;*'

1,827 6,30

Refundi g 21.503,62 680,13.90 31,50 73.547,35 105. ,0 7,50,20 49,67930

-190

2,315089467 YEARS
F3YEOIVA1RS
Rcfundi g 18, 1965 10,59732 802,380
1,3249,632
S

-19

9760, 0

1,460, 0 5 0, 0

Capitl 69.4350 46.371 2 8.60,0 3.90,0 35.742184 5.3747 3,871,580 •2,0. 19,850 :245,138
$

269.832,0 382,49.8 3,20,0

$

'

:

1,3269,17 5,80

■

-190

v

:

68,5390 953.68,243 5,325.0

1.35,48*

v
-

$

450, 0
31,-0460 59,20 924,30^ 795,64.95

17,45190 68,1532

213,90
;m• 52,0 0 78,10 13.6 10 2,0 ,0 2,680, 0 60.27,16 1.275.0 10 , 0

97o6,o

9.50 , 0

Rcfundi g 31, 8.0 937,24.93 94,0 0 27.0 16 16.72 53 6,23,420 19,05 0 45,92 0

£>:;«>-

i

-

$

9,50 . 0 7,260, 0 5 0, 0

10.573,0 984,063 103,5 0 3,90,0 62,79.20 217,0 10,95 0 21.05,0 65,7 0 1,568 30
>

_

245,13.8 4.510, 0 21,63148 59,76 89

1.827 630 35.71,0

Total

Short-TemRailroads Public Irsoten,l,Equipment Maotnords

Other - Land,
oil

Rub er Ship ing Investm n Miscelan ous

Total

Stocks-

Railroads Public Irsoten,l,Equipment Moatnords Other —: Land, Rub er Ship ingInvestm n Miscelanous
oil

_

Total

Total-

Railroads Public Irsotn,e l,Equipment Moatonrds Other Land,Rub e—r Ship inginvestmn Miscelanous
Oil

Total

THE COMMERCIAL & FINANCIAL CHRONICLE

Volume 158" Number 4229

COURSE

THE
Bank

clearings this week will show

pared with

based

ys,

telegraphic advices from the chief cities

upon

of the country, indicate that for

States from which it is

United

of the

cities

possible to obtain weekly clear¬

ings will be 9.4% above those for the corresponding
Our preliminary total stands at $8,028,-

week last year.

574,112, against $7,341,612,246 for the same week in 1942.
At this

center there

Friday

of

is

increase for the week ended

an

the

for

Our comparative summary

19.0%.

BANK

CLEARINGS

We cannot furnish them today, in as much as the week¬

which

Saturday and the Saturday figures are not avail¬
Accordingly, in the above

ends

CLEARINGS—RETURNS

District of 15.6%

the elaborate detailed statement, however, which

In

totals

present further below we are able to give the final
and complete results for the week previous-—the week
For that week there

ended Nov. 6.

was

1942

9.2 %,

the aggregate of clearings for tjhe whole country
having amounted to $9,050,373,887, against $8,286,033,992

428,000.000

4-

2.3

229,244,485

240,965.387

—

4.9

137.149,071

130.608.106

+

Philadelphia
Boston
Kansas

City

the cities

District of 19.7%.

in

;serve

Outside of this

1942,

District

according to the Federal Reserve Districts in

St. Louis

119,700,000

113,600.000

+ ;

5.4

San

203,414,000

185,834,000

+

9.5

152,881.825
142,904.695

+

11.7

Francisco

170,697,835

Pittsburgh
Cleveland

134,507,339

•

5.9

—

'

Baltimore
Ten

$5,183,282,917

~+*12~5

1.267,689.415

3.9

+

'

cities,

$5,873,201,089

1,538,095,685

1.468,411,157

+

furnish a

$8,028,574,112

$7,341,612,246

+

SUMMARY OF BANK

2d

New York

12

...

Philadelphia

3d
5th

7 th

Chicago

4,781,434,243

in

appear

issue of next week.

our

...

the New York Stock

Exchange is appended.

The

re¬

sults for October and the ten months of 1943 and 1942
follow:
Description
•
(Stock, number of
shares

:.

:'

.3.

;

V- ■- ^v.iv.::r

j;.

—Month of Oct.™

'■.?

.V

1942

1943

13,923,678

______

v

——Ten Months-—r—

...

1943

15,932,595

1942

Railroad & misc.
$201,371,100 $258,360,600 $2,739,946,200 $1,827,960,900

ootids

Foreign govern't
7.276,500

8,322,500

100,452,100

101,032,000

228,000

oouds

248,250

2,802,775

6,106,450

3,824,917,798

3,151,007,205

524,168,650

+15.6

517,383,710

481,922,722
242,493,804

+16.8

424,887,195

+ 19.3

211,112,061

373,164,305

308,865,768

+ 20.8

581,420,144

513,583,024

+ 13.2

275,978,203
495,418,275

289,129,831

246,715,345

+17.2

232,855,222

162,251,242

231,552,430

169,638,439
231,161,862

+ 36.5

154,486,592

117,621,609

28.9

180,466,523

113,342,332

+ 16.7

102,720,053

73,739,639

497,988,301

416,163,316

+

19.7

352,704,726

247,522,274

9,050.373,887

8,286,033,992

+

9.2

7,183,705,334

5,658,219,192

4,444,398,525

4,434,867,856

+

0.2

3,460,229,274

2,606,353,320

841,476,008

759,964,587

+ 10.7

559,732,660

449,885,911

4

Minneapolis

7

—

««

a

*»

•«

10

.

11th Dallas

6

—

Francisco

;—.

297,964,224
132,313,633

f<

10

-

+

408,028,510
317,391,356

.

161,038,941

193,268,936
381,588,980

„

136.369,716

*

Total

-.110 cities

Y. City—,

Canada

.32 cities

We also furnish today a summary of the clearings for
month of October.
For that month there was an

increase for the entire

■

':

are larger by 7.6%, in the Richmond Re¬
by 2.4% and in the Atlanta Reserve Dis¬
trict by 15.1%.
In the Chicago Reserve District the
totals show an improvement of 11.2%, in the St. Louis

District

serve

body of clearing houses of 13.6%,
$43,279,265,-

the 1943 aggregate of clearings having been
139 and the 1942 aggregate $38,109,162,035.

Reserve District of 2.0% and in the Minneapolis Reserve

In the New York Reserve District the totals record

District of 21.1%,

a

gain of 20.1% and in the Philadelphia Reserve District
of 7.3%, but in the Boston Reserve District the totals
register a loss of 7.9%. In the Cleveland Reserve DisFederal Reserve Districts

:

trict the totals

the

92,935,511

240,969,094

Bonds

308,490,784

......17

___

10th Kansas City

Our usual monthly detailed statement of transactions
on

390,774.976

+19.9

<•

Complete and exact details for the week covered by

foregoing will

$

■■

5.4

605,907,562

Louis

12th San

Dec. G

289,395,535

6

—

Atlanta

9th-

«»

1940

1941

Inc, or
;

430,381,867
3,987,185,418

10

6th

St.

407,256,909

562,846,770

7

—

—

Richmond

.

10

-

Cleveland

4 th

:

1942
v;v"

$
12 cities

Boston

Outside N.

the

CLEARINGS

1943

Reserve

1st-

9.4

Total all cities for week

by Federal Reserve Districts;

summary

4.7

day

one

"+10.5

"$6,4907478,427

Tot. all cities, five days

All

we

Week Ending Nov. 6
Districts

Federal

8th

$16057HlL674

1.307,195,510

3.5

+

95,024,084

98,391,184

cities, five -days
cities, five days—

Other

following

.6.1

5.0

In the Cleveland Reserve

District by 17.2 % and in the Minneapolis Reserve
by 36.5%. The Kansas City Reserve District has
to its credit an
improvement of 28.9%, the Dallas Re¬
serve District of 16.7%
and the San Francisco Reserve

week

same

+ 19.0
—

but in the Boston Reserve District the

loss of 5.4%.

a

totals

city there
was
an
increase of 0.2%, the bank clearings at this
center having recorded an increase of 19.6%.
We group

the

in

Cfr ;

;

82,790.256,255
325,437,322

438,000,000

Chlcn go

•

the

show an increase of 16.8%, in the
Richmond Reserve District of 19.3% and in the Atlanta
Reserve District of 20.8%.
In the Chicago Reserve Dis¬
trict the totals are larger by
13.2%, in the St. Louis Re-

increase of

an

register

District

we

TELEGRAPH

BY

3 943

$3,321,142,828
305.543,714

that

appears

the last day of the week in all cases has to be estimated.

In the
Week Ended Nov. 13—

located, and from this it

are

in the New York District (including this city) the totals
record a gain of 19.9% and in the Philadelphia Reserve

week follows:

New York

they

able at time of going to press.

the week ended Satur¬

Nov.: 13. clearings from all

day,

increase com¬

an

Preliminary figures compiled by

a year ago.

OF

1975

the

increase

In the Kansas City Reserve District
12.7%,, in the Dallas Reserve District

is

8.2% and in the San Francisco Reserve District 7.7%.
Inc.

October, 1942

October, 1943

October, 1940

October, 1941

or

'

U. S. government

••

bonds

$208,875,600 $266,931,350 $2,843,201,075 $1,935,093,350

Total bonds

6th

13,312,960

15.990,665

7,925,761

8.969.195

13.470.755

8,587.828 U0.r24.024

36.997.243_

_

79 463.469

quarter—
•'

16.270.368

32.406.179

33^553,^lf™^58^2^r 11^.760

2nd

7,229.097

9,667.050

38,964,712

June

23.415,845

7,466,443

10,461.813

J5.574.625

-

917020.949

22,284,837

171.484,418

51,792 091

quarter—-——

Six

month?

—

July

17,872,807

10,874,650
13,546,161

7,614,850
11,940,210

each of the

last

2^10,^5 4^,293^618 26,859^880

13,922,678

15,932,595

13,151,616

14,489,085

1943

New. York.

1,425

_r_

1.873
1.548

2,683

Boston

2,007

2,501

754-

Louis—

1,141'

1,181

.Cincinnati.

435

Kan:

830

City.,

Cleveland
Minn.

Detroit

Jan.

1940

1941

S

'

17,556

16,528

14,813

13,396

11,801

:

23,924

21,812

17,435

5,899

4,956

9,106

7,498

5,720

7,673

4,431

392

290

4,481

4,005

3,343

613

462

8,064

5,139

534

8,886

6,284

356

5,735

4,372

3,744

287

3,548

2,794

2,293

832

599

19,458

10,697

7,377

5,018

2,871
3,052

•2,444

2,184,

1,591

262

■

.

197

69

156

2,112

720

99

169

.

.1,272

626

943

2,204

1,901

1,652

1,398

1,198

1,771

1,604

cities

+

13.6

35,849,127,693

28,089,822,837

7.8

18,354,915,139

13,884,910,514

7.1

2,058.557,168

1,790,669,215

38,109,162,035
20,752,101,646

.+

+

43,279,265,139

.32 cities

.

:

.

2,380,831,775

2,550,105,111

Federal

Reserve

Districts in

the ten

months for four

;

Federal Reserve Districts

10 Months

1st

Boston

2d

New

—14 cities

York

..14

+

"

Inc. or

1942

1943

10 Months

10 Months

Dec. <+

1940

1941

$

■■

__

_

$

17,197,241,426

13,859.796,462

11,397,104,916

+ 28.9

155,628,358,105

135,091,766,655

15,684,806,262
164,421,021,360

9.6

+

25,020,494,828

+ 21.9

10,514,787,949

18,379,826,033
14,409,197,946
6,732,897,112
7,947,173,918

+ 33.5

28,507,354,750

22,611,516,337

+17.7

8,688,040,768

6.525,535,694
4.967,060,383
7,900,387,019

-16

"

15,453.681,746

12,676,926,436

-31

"

44,856,498.880

33,603,173,364

7

"

11,827,600,132

10,050,518,986

-16

M

+ 25.8

5,872,904.729

■_18

"

11,619,483,136

+ 28.0

9,424,752,247

11th Dallas

-11

"

8,076,278,088

+

21.6

6,757,977,374

5,473.806,349

12th San

-19

"

8,597,544,983
14,874,204,719
9,822,350,314
21,053,781,566

6,835,259,295

17,460,833,749

+

20.6

14,285,663.969

11,486,797,367

421,152,162,714

338,066,951,231

216,158,102,995

177,757,969,960

Chicago

8th

St.

9tlv

Minneapolis

Louis

10th Kansas

—

_

City.

Francisco

Total'
Outside

N.

Canada

.190

Y.

City.

cities

-

140

1,952,

157

2,253

95

1,281

1,191

296

237

3,145

2,693

277

167

1,801

•287

195

3,851

1,613
3,178

106

78

1,167

•988

656

619

123

•

"60.

1,504

1,054*

'

64

55.

.

,

20.752

add

.

.32 Cities

+ 24.6
•

303,907,527,414

252,923,069,723

+21.6

153,974,522.521

122,654,418,339

—„

+ 20.6

20,043,041,035

24,168,899,213

17,603,202,765

following compilation

months since Jan. 1, 1943 and 1942,

the clearings by
all

Month —

Clearings Outside New YorkInc. or

1942

1943

1,732

820

681

58 5

511

19,716,896,037

18,004.715,165

17,830,007,273
22,199,943.035
59.746,846,345

51,286,347,077

21,790,331.975

17,073,968,654

28.915,301,937

+ 21.0

March

43.062.841.188

33.410,972.447

+ 28.9

116,181,737.904

97,267,759,698

+19.5

—

Total

1st

quarter..—

April.

31.816.342,592

44,296,811,827

+ 39.2

:.r:

3,681,629

15,107,194

„

'Mass—Boston

1.423.829,604

>

20.541,914,434
21,290,406,497

17,244,046,597

+ 22.6

18,045,041,692

+18.0

130,049,641,464

98,927,439,091

+ 31.5

116,435,104,085

101,359,715,052

+ 14.9

Total

246,231,379,368

196,195,198,789

+ 25.5

123.369,499,251

103,649,404,020

+19.0

47,378,434,829
39,021,590,325

34,830,918,410

+ 36.0

26,569,457,723

18.489,610,174

+ 43.7

33,325,966,002

+ 17.1

+ 15.0

35,605,705,995

+ 27.1

20,535,555,873
23,315,790,909

17,861,847,103

45,241,493,053

19,005,007,017

+ 22.7

377,872,897,575
43,279,265,139

299,957,789,196
38,109,162,035

+ 26.0

193,790,303,756

159,005,868,314

:+ i3.6

6

months-

July
August—.

-

September.
v

Total 9 months—.:—

October.—_i_.

22,367,799.239

Total 10 months

338,066,951,231

421,152,162,714

■"■•

+•

—

216,158,102,995

+ 24.6

for each city for the month of October and the week ended

-—•—

Inc. or

17?,757;969,960

'4.912.241

:

2.527,482
:

Lowell

S

1942
+-

..

33,239,583

—39.6

Inc. or

$

+

8.9

—

2.5

-19.518,647

19,835,494

+1.7

.

50,251,979

40,559,142,
171,618,332114,583,738

•

2,520,579

•

■

1943

1941

1942

$

3.8

782,190

676,766

1—14.0

3,665.198

6,402,191

750,233
2,970,507

+

5,633,289

,

:

12,534,804

^

5,538.443
22,544,606
13.229,403

+

—

5.8

195,538,366

'

'

'

'^61,352,417

—

Waterbury
!R.

N.

I.—Providence

.

K—Manchester

60,481,309

26,735,547

New Haven

28,442.057

7,275,900
•68.541,800

7,395.800

73,420,200

3,357,367

2,884,735

-

+

5.3

117,821,866

1.4

656,651,069.

"

5.0

$

711,119
2.248,705

+ 10.6

351,369,617

374,811,928

343,617,247

+

2.7

1,527,516

1,525,124

1,422,445

268,615,048
1,142,055

20,922,376

+

1:2
1.6

1,022,310

."*435,404

"oTe'oii

*424,622

23.9

1,633,036
4,890,853

4,458.689

—

; +

+ 13.9

1,103,399

769,587

3.725,842

1,476,112

4,176,277

'

2.884,882

619,585,143

6.0

2,701,225
16,391,369

2,269,940

14,653.126

13,713,453

4.5

6,418,051

5,950,498

5,124,733

12,156,957
4,512,873

9.3

10,952*200

+

2.8.

■

'Conn.i—Hartford

1940

40,803,790
.

"

21,239,175

7.8

+21.6

Nov. 6 for four years.

Dec. <+

32,033,589
*
183,005,404
13,396,648,782

157,413,300
14,813,558,914
•41,921,867
21,181,013

8.0

"+" 1.5

2,320,393

2.457.141

•

1.2

—

■

Hotyoke

+

•Week Ended Nov. 6

Jan. 1 to Oct, 31-

1943
'

Dec.

$

3,725,974
24,994^636
1,548.271,301.

4,985.225

•

•

.

+ 21.9

20,752J101,646
'

v

Fan River

+19,1

+ 33.2

34,509,696,885

Total 2nd quarter

1942

$

Me.—:Bangor

+16.5
+ 27.6

32.601,399,614

'

1943

+ 15.7
+ 24.2

42,317,028,545

June

detailed statement showing the figures

First Federal Reserve District—Boston-

;

43,435.802,092

—i

May

28,089 421,152 338,066 303,907 252,923

Clearings at—

+14.1

15,408,332,631
17,873,299,281

38,119,462,247
34.999,433,469

952

1,459
2,362.

9.0

February

.

Dec. :+

$

+

34,941,485,314

January

Inc. or

1942

1943

Dcc.r/o

$

5

1,812

-2,269

*

covers

MONTHLY CLEARINGS

864

-

of October—

tland
Port:

15,107,581,891

•

18,354 13,884 216,158 177,757 153,974 122,654

our

_

The

1,327

>

168

38,501 33,764 31,985 25,087 37T.484 300.913 271.700 226,725
26,198
3,864
3,002
32,207
4,778
4,345.
43,668; .37,153

now

1,286,840,541

We append another table showing the clearings by

-

490

1,033 +

118

:

371

Out." N.Y.'C. 22,36"

1,771,487,702

"

1,326

206

.

1,749

.

1,593

695

1,444
2;519

55

113
227

,

38.109 35,849

We

179

323

61

pth. cities-

199

.387.

125

7.7

+

22,367,799,239

3,134

131

-

+

City,.

years..

4,647

465

128-

__

2,076,649,121

4,108

743

6,458
7,637

India nap...

Total

635.531,745

2,237,157,563

.190

Y.

Canada

3,405
2,653

196

Salt, L. City

828,810.799

6,381

5,186

235

•—

8.2

3,932

9,143

73

>

N.

13,694

6,240

*

„

-237

372

+

—19

.

Total
Outside

9,660

26,850

19,478

10,833

260

Hartford

12th San Francisco

7th

1-Oct. 31——-

1942

1943

7.050

.138

400

986,170,622

Atlanta

436

263

266

1,067,124,078

6th

10,342

260

.

895,633,228

—11

_____

790,584,402

,

8,625,745,936

392

216

Seattle

11th Dallas

811,163,688

18,832,417,126

711

Paul....

Richmond.

570.550,778

1,135,271,310

1,322,462,667
14,734,544,452

22,909,727,999

627

Denver—

Memphis-

727,957.873

12.7

+ 11.9

860

68

Buffalo

21.7

+

+ 14.1

529

144

Providence.

+

1,402,050,107

+ 16.4

1,889

~

Milwaukee...-

838,851,246

1,580,030,187

10,056,779,333

938

281

327

Omaha

1,020,747,817

-18

22,561,376,394

1,127

352.

292

—16

_

City

11,701,879,699

587

1,296:

1,573

Louisville

St.

Minneapolis

10th Kansas

25,747,062,638

'

...

2.0

"

539

378

+

"

862

•

1,299,899,909

"

763

698

1,325,566,409

__

9

437

941

_

—

Orleans

,/N.

9th

Louis

-18

2,525

624

929,297,213
2,508,080,678

-17

1,453

1,062

627

1.299,228,592

3,227,066,541
1,136,820,123

1,607,001,294

1,050,305,741

Richmond

1,479

1.048

Fran..'

Baltimore..

San

15.1

+11.2

1,998,132,151

2.184,174,509

Philadelphia

•

Pittsb'gh

+

3,778,502,868

2,637,433,420

7.6

Cleveland

1,877

684

1,522,648,272

4,200,074,217

7

___

7.3
2.4

4th

$

•

+

5th

cities of the

20,911 17,357 17,494 14,204 204.994 158,308 149,993 130,268

__

Phiia.

St.

S

.

+

3d

1940 "

1941

S

+

1,242,032,877

shown in the subjoined

four years is

1942.
\

$

2,610,806,099
2,537,636,098

1,272,286,360
1,751,885,697

in

Monti) of Octobers—

(000.000

2,802,144,729

20.1

212,016,504,325
28,003,812,280

statement:
"
\
'
'
BANK CLEARINGS. AT LEADING CITIES IN OCTOBER

omitted)

"

106,014,420 153,826,695

77,002,916

;

•

+

10 Months

country for the month of October and since Jan. 1

Chicago;

St.

7,304,820,

7,387.341

bank clearings at leading

of

18,013,233,139

9

81,235.027

8.373,550

227,046,416

October.-..—
course

'

9,449,934

55,561,99^

quarter

N'lne months 1

The

31.314,623

14,985,690

_...

21,633,435,366

1,685,451,704
18,165,119,370

~ 637720^802 126.966,815

14,251,976

26.324,332

August

September
3rd

Chicago

26,695^690

35,051,545

April

$

"

7.9

—

U5.731.788

29,507,254

May
■

$

+

—31

Atlanta

7th

12,993,665

'•

1,800,681,677

_

8th

24.434,084

Dec.
■

—16

of

No. Shares

$

.

2,729,554,142

_

Richmond

18,032,142

March

1st

.17

York

Philadelphia

No. Shares

February

.14

$

■

1,659,258,574

Cleveland

No. Shares

of January....

New

5th

No, Shares

Month

2d

4ih

1940

1941

.14 cities

3d

the years 1940 to 1943 is indicated in the following:
1942

Boston —

the

The volume of transactions in share properties on

New York Stock Exchange for the first ten months
1943

1st

2.832,053...

1.4

77,465,900

252,649,971
70,886,200

6.6

720,519,900

695,028,500

3.7

1G,308"200

16,584*600

13,900100

+ 16.4

28,097,644

26,645,801

5.4

547,344

575,376

646,207

511,401

407,256,909

430,381,867

390,774,976

308,490,784

—

-264,061,378
'

•

—

—

-r-—=+-■

'Total

(14 cities)




1,659,258,574

' L,800,681,677

'

—

7-9

•

17,197,241,426

15,684,806,262

+.9.6.

.5.4

THE COMMERCIAL & FINANCIAL CHRONICLE

1976

-Month of October1943

Jail. 1 to Oct. 31-

1942

$

tnearings at—

Inc.

$

Second Federal Reserve District--New York—

1943

or

40,641,450

25,858,896

+ 11.2

Elmira

4,926,308

5,578,215

Jamestown

5,344,518

4,234,497

20,911,465,900

17,357,060,389

570,363,511
•

384,400,276

67,434,620

Rochester

50,546,998

2,519,515,348

2,204,215,654

—11.7

48,100,993

46,009,54B

26,108,526

28,506,282

5,133,004

5,149.728

Conn.—Stamford

31,177,656

2,286,546

114,291,089

Northern

J.

N.

169,419,176

Total

Third

2,476,431

1,059,174

—12.4

825,806

11.8

11,568.932
8,108,321
2,515,670

Norristown

432,736,900

+

10.0

11,309,959

11,252,852

+

0.5

9,514,602

8,134.125

255,973,468

+

5.7

6,400,106

6,053,452

+

5.7

6,547,297

4.144.94L

49,129,270

+

7.7

17,900,169

19,740,989

3.3

1,108,273,875

+ 13.4

6,607,720

6,334,796

9.3

583,461

+12.5

24,568,214

24,915,017

1,331,492,595

1,505,632,588

+ 13.2

35,981,028

4,781,434,243

20.1

39,060,453

34,599,874

+ 12.9

212,016,504.325

164,421,021,360

+ 28.9

559,578

503.521

1.4

21,689,438

17.684.150

29,792,828

+ 20.8

.27,443,654

22,690,668

3,987,185,418

+19.9

3,824,917,798

3,151,007,205

.

17.4

+

22,420,146

20,720,350

43,486,183

44,227,412

28.554,692

22,830,121

6.3

v

717,138

695,652

1.7

1,326,321

1,413,765

978.052

512,890

+

1,545,876

+

+

8.7

121,132,170

5.6

71,456.434

116,061,882
72,297,774

+

1.2

0.7

23,659,116

23,219,047

+

—

4.4

+

•

y''....

_

—

1,911,767

600,459

559,813

1,588,098

uiugi

501,000,000

395,000,000

1,220,079

1,461,071

"

——

+

16.3

25,868,090

23,652,194

7.3

26,850,000,000

23,924,000,000

+ 12.2

590,000,000

510,000,000

6.2

62,841,940

59,007,367

+

6.5

1,396,044

+

11,055.807

10,404,540

+

6.3

1,240,130

117,003,062

106,215,769

+

10.2

2,748,944

6.402,239

5,934,882

2,279,046

+"20.6

+

7.9

63,533,240

53,762,370

+ 18.2

1,485,650

+

0.8

—

8.9

1,474,378

82,721,843

1,485,934

1,059.828

78,352,257

+

1,985,446

+

9.4

7.6

1,814,813

+

15.016,605

2,199,616

1,273,641

13,060,828

+ 15.0

+

8.9

1,775,504

Bois

808,060

Hazleton

742,350

3,291,343

Total—(17

cities).

Fourth Federal

Reserve

+

18,134,000

+

2,802,144,729

-

21,229,083

25,034,600

J.—Trenton

3.322,781

21,517,661

Del.—Wilmington

2,610.806,099

7,596,632

0.9

+

7,123,161

30,945,933

38.1

218,174,700

192,118,100

7.3

28,003,812,280

25,020,494,828

+

;

■■■:+■•

---

5.8

^

6.5

—

'-.mm

■

mm-.

+13.6

—mm~mm

3,358,200
605,907,562

+ 11.9

524,168,650

6.1

3,223,007

+ 11.8

11.9

98,813,969

82,601,230

+ 19.6

80,912,956

59,952,343

195,480,922

167,783,373

16.5

147,624,083

111,717,047

+ 15.8

16,313,200

+ 20.7

13,056,900

11,590,600

61.522,100

14.1

670,353,800

578,781,900

11.5

34,399,575

34,463,828

7.8

11,829,051

11,787,634

8,870,539

10.667,173

—16.8

88,795,855

102,088,510

16,533,809

16.318,199

1.3

152,533.887

143,094,994

8,307,666

7,315,312

+ 13.6

78,804,711

68,749,948

i
—'

Newark
Toledo

V

v.

—

+

—13.0

6.6

2,938,706

14.6

34,072,674

8.1

380,346,326

325,274.214

1,462,707

+ 14.4

15,112,486

13,548,928

—59.1

7,607,337

9,373,369

1,048,299,473

8.9

10,342,293,317

9,106,977,290

+ 13.6

11,336,257

+ 12.7

125,477,230

105,926,349

+

12,579.938

+

27.9

157,606,193

131,756,349

2,083,738

+

2,527,883

+ 16.3

~

—18.8

16,089.807

-

— —

6,800,759

8.320,320

2,723,554,142

+

+

6.572.778

11,102,380

2,537,636,098

v

«•

76,546.856
94,059,191

77,255,281

7.6

25,747,062,638

22,561,376,394

+

v.;''

•' v.'.

4,396,315

400,451,443

-

;

562,846,770

•9,000,000

39,459,657

+

25.4t

258,745,000

+

3.5

2,693,019,588

—14.0

481,922,722

cities)

875,693

673.923

7.5

4,271,000

3,301,000

+ 10.6

56,123,037

46,653,604

8.1

2.262,467

2,010,600

+ 12.5

1,833,975

1,466,092

95,141,563

88,003,882
135,289,680
80,880,023

0.5

6,240,400,347

5,186,638,679

—

+ 13.9

+

v.%

+ 11.4

92.088.826

8.8

21,131,431

22,315,269

•+

1.2

1,639,495,550

+

2.4

11,701,879,699

+

+ 20.3

10,056,779.333

154,777,534

120.293,655

5.6

40,170.343

36,057,446

+ 16.4

1,552,427,555

1,242,032,877

1,272,286,360

+ 34.9

6.004,000
77,127,662

—

2,357,026

1,000,441

5,551,000

150.687,580

172,888,943

C.—Washington

1.349,749

85,284,442

2.7

624.590,653

Frederick

239,395,535

242,493,804

—

+

'

28.7

111,527,905

75.930,805

+ 11.4

36.480.451

33, OIL 517

211,112,061

161,038,941

+

5.3

;;

i

+19.3

/

;

District—Atlanta—

Tenn.—Knoxville

47,615,386

+ 52.9

31,143,054

368,311,165

277,989,335

+ 32.5

8,298,556

6,607,180

Nashville

172,443,133

163,633,320

+

5.4

1,583,915,050

1,317,831,805

+

20.2

40,294,088

38,262,840

Da.—Atlanta

622,900.000

540,700,000

+

15.2

5,299,100,000

4,418,400,000

+ 19.9

139,800,000

114,600,000 "

4.3

Augusta

10,460,620

11,072,721

10,547,383
174,534,269

*9.000,000

142.248,014

13,457,084

9.377.788

253,674,686

193,780,614

20,048,701

21,285,596

8,760,732

Fla.—Jacksonville
—

Ala.—Birmingham
Mobile

Montgomery

9,095,815

Miss.—Hattiesburg

12,606,000

Jackson

13,585,686

378,362,259
1,751,885,697

*2,405,000

1,377,578,665

+ 34.4

41,031,840

29,990,779

94,258,609

+ 41.8

+

22.7

1,851,192,069

43.5

133,636,963

+ 30.9

1,843,172,369

1,643,319,735

+ 12.2

53,886,035

5.8

207,597,394

180,858,042

+

14.8

4,958,551

3.7

69,565,324

67,607,602

+
+

+

5.667.690

.

4.536,663

32,037.601

5.3

+ 22.0

21,420,527

100,300,000

68.200,000

1,657,230

2.5

2,076,669

10.2

2,091.437

1.379,834

+ 36.8

26,391,000

20.261,000

37,930,366

25,561.949

3,283,672

2,512.883

—

2.9

115,061,000

+ 25.6

+ 10.1

75,755,925

8.0

—

—

7.3

124.307,000

16.8

113,238,811

—14.9

28,498,565

7.5

9,542,068

+

7.3

3,548,598,641

+

1,522.648,272

Reserve

2,721,472

*2,650,000

76,808,366

91,345,984

—

352,653,727

cities)

2,653,070

20.6

84,540,946

+

1,384,824

<La.—New Orleans

—

+

3,325,540

1,280,615

101,516,649

0.7

+

11,629,536

2,828,507

Vicksburg

97,119,397

+ 17.2

13,602,000

Meridian

5.5

—

8.715,723

-

Macon

15.1

15,453,681,746

+

—

100,831,260

m,

mm'mm

mm

mm mm

'mm

+

«...

38,834,777
.

•

+.

4,784,716

+ 38.8
+

3.6
i

+ 12.3

mm mm

mm—mm/

26,509,767

+

7.5

8,256,097

+

15.6

247,110

274,954

2,794,343,579

+ 27.0

79,345,055

70,384,050

12,676,926,436

+21.9

373,164,305

629,449

'

—10.1

229.813

203.214

+

12.7

65,969,955

47,535,636

308,865,768

+

20.8

275,978,203

193,268,936

616,576

+

2.1

515,546

District—Chicago-

Arbor

2,415,184
1,573,319,611

2,679,307
1,296,173,070

7,718,092

7,337,588

21,479,772

.

1

21,888,322

Flint
•Grand Rapids

.

Jackson

3,808,045

V
,

;

.

25,845,286

16,967,046

Haute

34,818,050

Cshkosh

Manitowoc

1.9

211,778,872

34,453,721
119,247,837

63,396,384

48,384,175

38,335,296

38,294,382

+
+

9.3

1.5

—

—

1.0

240,468,866

215,587,498

2.4

1,281,652,094

1,191,982,426

21,370000

+ 25.3

4,160,587

3,600,523

+ 15.6

3,136,481

+

3.7

7,402,111

9,018,462

—17.9

7,388,949

0.4

2,733,902
6.359,718

+

+

4.8

1,444,901,785

1,272,427,347

31,219,018

"+~~5A

24,309~088

+

4.5

24,376.764

21,455,529

+ 13.6

20,581,463

+

7.1

38,558,002

38,451,810

+

138,225,700
•'

640,195

+ 15.4

2,356,044

61,687,686

26,768,607
951,863

2,990,051

2.840,168

+

2,234,683

+ 10.9

1,873,117,742
19,567,614
21,203,738

+

24,615,980

•1,815,375

27jl8"000

85,799,227

7,751,785

—

Peoria

2,462,574

+15.6

125,552,843

2,303,987

23,626,463

—14.3

27,734,000

340,348,718

3,64),993

—„

_

3,528,156

32,066,000

86,120,606

2,478,885

Bloomington
Chicago

3,022,117

7.5

+ 11.5

+

157,372,793

2,007,636,211

*

„

7,811,371

6,863,401




—_

16.1

24,365,810

20,986,276

+

84,060,652

70.201,066

+ 19.7

3.4

601,414,521

575,904,383

+

9.8

288,638,216

236,462,530

+ 22.1

—

+

2.6

9,601,122

9,164,081

+

4.8

5.3

—

30,350,114

28,180,074

+

7.7

22,153,286

20,800,058

7.2

19,478,669,905

17,556,879,643

+ 20.7

80,058,675

74,957,807

+ 16.1

_

—_—

—

2,302,526
15,134,555
7,050,032

4.4

+

1,869,535

+ 23.2

1,712,437

13.589,997
5,935,102

+ 11.4

13,843,132

1,571,049
10,050,577

+ 18.8

4,807,036

3,715,549

————————

——————

6.5

616,919
452,204.620

665,037

475,736

+ 10.9

370,860

396,646,376

393,482,800

6.8

298.428,405

3,358,075

2,979,341

1,368,309

+

224,051,446

206,239,423

+

+

7.4

93,973,444

89,930,577

+

4.5

+

3.0

86.115.264

80.786.079

+

6.6

819,465

+

10.3

8.925,317

8,144,252

+

3,773.502,368

+ 11.2

44,856,498,880

33,603,173,364

5,047,058

4,574,993

1,456,425
4,038,640

2,255,379

2,135.445

2,008,635

.1,515.988

2,469,406

2,148,338

1,620,931

1,573,700

581,420,144

513,583,024

9.6

4.200,074,217

'

5,934,823

8.6

9.007,731

10,487,518

903,799

...

32,903,316

+ 13.8

6.3

+ 13.0

+

„

0.3

9,674,384
——r—

—

——

+ 13.6

10,806,065

Rockford

1,576,465

——————

352,793,738

926,690

£11.—Aurora

3,630,107

27.2

+ 14.4

29,381,016

City

+

—15.3

59,601.690

Ames

4,157,043

2^36^585

0.1

116,467,830

4,273,019

2,412,486

+ 31.0

127,299,441

5,014,976
4,895,253

+ 22.5

2,503,647
—

+17.7

43,823,786

146,104,140

8,760,707

la.—Cedar Rapids

179,866,938

2.9

+ 32.1

800,757

———————

—19.9

2,407,844
738,918

9.9

9,519,569

3,900,101

—

_

_

+

14,828,599

''

144.927,335

68,588,549

*

43,479,977

8,063,962

Milwaukee

5.2

+

131,707,073

Terre

Wis.—Madison

81.9

—12.0

26,095,463

128,541,916

Bend

9.1

+

+ 25.0

14,353,072

.-South

+

10,697,060,636

—

•

4,201,491

12,634,946

23,704,248

19,458,104,575
75,354,495

—

5,654,593

4,264,730

-

25,868,100

21.4

+

13,056,596

7,068,606

-

9.9

+

—

3,921,629

17,249,185

.

Qttleg)

+ 16.8

+ 16.8

+ '5.2

+

8,553,367

Md.—Baltimore

49,472,329

267,777,000

3,145,685,073

15,302,561

Greenville

—

317,391,358,

'

+ 21.8

:

7.9

+

11,116,381

Columbia

26.7

+

371,269,631

-C.—Charleston

Moines

126,660,739

424,887,195

+ 15.9
■

—14.1

31,557,000

Richmond

Watertown

174,239.563

r-

■

210,192,791

_

14.1

+

1,819,614

2,773,819

•

3.3

+
;

~mm^m.mmmm

18.5

3.5

74,099,762

—

243,516,947
■

.

2.268,289

3.014,096

+ 16.9

+33.4

+
;

4.7 Xi

District—Richmond-

Va.—Norfolk

Sheboygan

2,877,139

—

+ 19.6

Va.—Huntington

Lansing
Muskegon
Bay City
Ind.—Ft. Wayne
Gary
Indianapolis

3,771.308

■

+ 11.5

934,496

12,780,538

(17 cities).—

13,510,700

2,181,283

+
+

1,141,767,654

Kv.—Lexington
W. Va.—Wheeling

+

0.1

382,308

-

3.601,743

0.1

1,672,858

-

Erie

rX

'

+

36,826,377
Co.

Greensburg
Pittsburgh

Detroit

408,023,510

+ 16.3

+

Federal

2,727,000

517,383,710

+

+

Mich—Ann

4,377,400

+ 15.6

+

+

(16

5.2

+

7,637,694,646

1,231,065

Columbus

?

-

3.192,100

135,447,835
4,005,055,557

3,758,216

Reserve

■

143,667,376

1,327,138

Federal

i

2,878,829

8,886,084,562

4,179,727

(9

2,731,557

-

4,481,544,885

+

—

70,196.800

Reserve

12.6

9.1

862.976,564

.Lorain

Federal

+ 15.7

0.3

12,884,727

437.384,099

Hamilton

Fa.—Beaver

—— —

"

Columbus

Youngstown

V

.

+ 17.5

15,133,412
435,922,981
941,659,387

Cincinnati
•Cleveland

Mansfield

<:,.;• ;•

6.6

+

234,606.793

1.4

•

'mmmimmmrn'mmmmmmmm

5.6

+

29,239,403

219,401,494

—

9.4

District—Cleveland—

Ohio—Canton

<31

—

23.7

+

7,951,955

Total

520.493

1,236,444

+

1,910,969

Springfield
Sterling

619,324
1,561,243

90.7

5,986,955

7,242,897

Decatur

3.1
6.2

+
—

1.9

—

+

:•

8.2

+ 24.6

—

2,368,062

York

Sioux

5,790,110

4.5

—

—

2,501,000,000

Pottsville

Des

5,939,768

2,755,202

Wilkes-Barre

Seventh

_

6,358,403

•Scranton

Total

4.3

+

610,888

984,996,562

•

—

__

2,683,000,000

Philadelphia
Reading

Tampa

3,051.865.872

52,933,960

+ 49.8

2,533,165

Harrisburg

Sixth

860,328
..

270,580,125

262,741,797

—

7.680,670

Lebanon

Total

558,390

1,014,254

3,703,476,060

475,803,889

299,167,862

+

12,675,073

Lancaster

Fifth

+ 24.7
+ 19.6

0.3

+ 20.1

2,814,164

Total

972,042
3,851,166,136

1,181,052
33,000,000

8.4

+ 14.6

2,108,800

City

1,212,573

4,605,975,262

i.

V

9.5

+13.4

■

4.144,115

4,214,425

D.

927,417

__

3,354,045

3,883,769

W.

1,375,137
39,963,370

29.5

+ 11.1

Bethlehem

Oil

17.1

21.8

+

+

t

4,594,043

6,568,834

+

+

+

—

18,013,233,139

Chester

N.

+ 405.8

4.5

+

41,758,481

+

Pa.—Altoona

Du

5,469,042
+

1,596,903

•

District—Philadelphia-

Reserve

Federal

1940
$

1,359,191

158,308,981,271

152,555,140

4,029,550

(14 cities)

1941

Dec. %

48,200,000

46,677,213

110,649,488
v

21,633,435,366

Oranges

-

or

58,700,000

204,994,059,719

—

2,017,092

Newark

$

27,664,173

6.6

+

26.2

27,205,031

J.—Montclair

N.

Inc.

+ 14.3

+20.5

+

46,147,309

Syracuse
Utica

1942

<

+ 48.4

63,244,677

9.4

+

'

York

New

1943

or

Deo. %

+ 57.2

7,217,027

237,700,000

.>—..

Buffalo

Inc.

Dec. %

8.028,050

Y.—Albany
Binehamton

Week Ended Nov. 6

—

1942

•'.'

'•■

260,036,595

«.

Monday, November 15, 1943

+ 33.5

^

+13.2

495,418,275

381,588,985,

**"

.Volume 158

-r -■. -nr

THE COMMERCIAL & FINANCIAL CHRONICLE

Number 4229 4

1943-..

Mo.—-St.

1943

or

7,050,747,030

+ 10.2

10.8

777/260

+

15.1

8,106,014

281,251,348

+

4.2

2,871,121,500

266,076,781

323,195,698

685,888

658,450

+

4.2

5,018,000

4,679,000

+

'7.2

1,325,566,409

1,299,899,909

YY+

2.0

—

+ 17.7

Ninth

(7

cities)

Federal

Reserve

District—Minneapolis—

•?'.
;

-

St.

Paul

216,542,977

-

Winona
N.

43,151,000

—

1 "

..

2,202,172

+'

13,015,771

65,615,702

Sioux

Falls

51,066,129

56,486,120

+

9.5

36,101,000

+ 19.5

10,050,518,986

+ 17.7

5,735,881,953

4,372,096,821

20,729,326 *
1,952,503,507
21,548,790

17,206,348
1,652,996,770
19,060,182

.

4,602f160
132,912,705

9.1

+

+16.0

.

+

+ 13.1

Mont.—Billings
Great

7,045,451

—

+

7.1

47,542,683

45,241.872

+

+

3.0

48,574,631

6,835,259,295

7,992,937
27,303,017

—15.5

Cities)

(16

732,772

879,912

—16.7

1,020,747,817

Federal

...

838,851,246

+21.7

Reserve

*

*"*951~000

"~959~000

17.2

232,855,222

162,251,242

+

4,579,090

+ 11.8

4,709,040

5,185,167

112,638,813

+ 42.8

99,358,184

76,625,714

53,242,360

41,396,549

"+28.6

¥77,965

27,153,IO¥

3,322~675

TiYi

3,589,212

2,684",433

1,450,569

1,632,790

—lY.2

1~2~24,863

922,673

1,774,408.

1

■"

38

+

3,833,865
•_

,'r

+ 13.5

_

"

+20.2

9,374,256

8,597,544,989

District—Kansas

Neb.—Fremont

50,591,737

111,301,681

57,246,142
195,961,657
4,571,358

:¥./

—

"+2~6~.0

246,715,345 '

-

+17.9

179,104,355

8,233,969
"

Tenth

6,580,397

23,073,442

Falls

Helena

Lewistown
Total

+ 15.6

6.8

36,075,73a

+38.5

1,010,507

+17.9

37,016,510

49,903,777

e

+ 6.0
+41.1

5,943,848

+

57,400.445

9.6

160,822,894

+ 14.4

11,127,197

+48.0
+64.6

88,200,000

5,121,433

+ 18.1
.

4,021,146
125,403,518
13,982,000

19,726,000
17,082,402
57,424,049
133,811,377
12,147,336

1,934,000
1,721,866

124,600,000

+20.5

12,330,329

+

1

*

+ +31.2

.

7,006,941
—

-

Huron

$

+ 16.4
—

1~070!000

1,348,000
<£89,129,831

8.3

11,888,919

_

1940

$

+ 28.8

56,359,225

+ 11.7

■;

169,760,785

2,863,000

,

'

1941

2.1

'

183,853,544

2,835,022

Forks

D.—Aberdeen

or

Dec. ft

132,800,000

+ 17.4

1,167,758

Grand

Minot

+29.6

4,212,864-

5.1

+

+

"418,08 7

yyy.I

1,¥97,134

1,006,651

5,306,901

4,650,435

"+14.1

5,630-194

4,043, 772

231,552,430

169,638,439

+ 36.5

154,486,592

117,621,609

w

9.4

8.5

+25.8

City
+ 15.1

948,927

1,092,190

9.095,367

6,570.396

4- 38.4

226,180

236,490

17,035,461

15,612,805

+

9.1

171,478,331

144.774,958

+ 18.4

+ 16.1

263,360,554

+

24.4

3,052.313,618

2,112,504,487

+ 44.5

4,062,506
75,739,326

3,498,239

327,749,940

3,190,512

2,745,368

1,020,882

1,139,307

—10.4

61,549,013

10,597,831

11.142,949

+ 23.1

43,147,452

32.068,385

2,734.419

-

Lincoln
Omaha

-

i,

11,827,600,132

+13.8 +
+ 10.0
+ 8.9

464,892

D.—Fargo

B.

1

.507,138

15,099,630

•

—

1,613,497,314
4,973,309

5,447,941
:

0.8

+

196,891,815

2,399,171

Fergus Falls

Inc.

+ 10.1

8,276,318

+29.5

2,167,543

Rochester

42,847,675

>

539,050,515

2,466,521

Minneapolis

,

1942

$

171.100,000

'

20,564,857

VT

'

$

<

20,735,424

698,149,682

Minn.—Duluth

1943

+ 19.5

2,444,928,404

.

1,801,838,595
,

.C.*

Total

or

Dec. ft

5,899,894,966

47,188,052

+

894,672

292,970,051

111.—Jacksonville

Inc.

$

■

■

.

684,698,950
4,639,203

5,139,708

-Week Ended Nov. 6-

1942

$,"•

Dec. ft
'■

i

..

754,781,309

Cape Girardeau
Independence
Ky.—Louisville
Tenn.-r-Memphis
Quincy

$

Louis—

Louis

Inc.

1942

'

S

Clearings at—

1977

-Jan. 1 to Oct. 31-

-Month of October-

Eighth Federal Re

1-^.^ ,',^

_i__*

Kan.—Manhattan
Parsons

1,293,261

15,551,016

—16.7

10,883,703

+

23.2

126,803,638

107,732,848

+ 17.7

2,810.564

2.909,790

3.4

22,534,075

+ 24.3

25.9,312,011

211,514,246

+ 22.6

2,854,749

5,977,161

+ 16.2

3,647,943

+

3.7

5,142,458

3,513,153

33,599,877

37.278,672

4,742,441

3,049,899

830,941,715

763,298,808

+

8.9

8,064.727,4(10

G,458,521,878

200,703,376

21,361,667

15l"l¥l,009

+24.5

245,049,858

"+¥2.8

26,600,441

184,579,479

+

32.8

mJsTosi

91,378,959

6,604,315

4,764,331

+ 38.6

2.8

3,720,444

+

2.840,098

*

Mo.—Joplin„

i—

City

Joseph
Carthage

12,953,143

127,146

13,406,809

Wichita

Kansas

—10.2

109,829

4.9

28,015,095

+

Tope k a

St.

1,440,032

—

4.4

—

r+

—

.

...

,

757,172

Dkla.—Tulsa

■—

Colo.—Colorado

703,237

+

7.7

6,778,826

6,596.632

56,153,707

.

51,607,062

+

8.8

526,928,705

451,423,014

4,987,401

3,812,772

260,758,439

235,728,163

4,497,140

3,774,732

2,207,381

2,196,320

+

1,580,030,187

1,402,050,107

Springs

Denver

+ 30.8

45,623,605

44,514,023

10.6

2,253,147,478

1,771,579,898

+ 19.1

37,652,585

37,862,648

0.5

18,142,366

17,335,992

12.7

14,874,204,719

11,619,483,136

+

+

—

9.9

+ 24.9

+ 16.7

+

2.5

995,796

1,143,653

—12.9

733,348

639,721

"•MSIOOO

~766~879

TlY.2

717^667

685,730

297,964,224

231,161,862

+ 28.9

180,466,523

136,369,716

+ 27.2
"

Pueblo

Wyoming—Casper
Total

—

cities).

(16

Texas—Austin

12,931,245

————

El

Houston

7,710,761

+

1.6

83,853.392

65,519,395

454,362,000

+

5.7

4,409,665.348

3.608.608,923

36,158,158

+

11.2

381,947,837

317,445.086

+ 20.3

59,275,653

2,151,113

1.933,69*

+ 20.4

77/7527194

56,602~7li

"+i¥.6

12.342,645

7,667~095

0.1

3,453,000

2,538,000

1,031,336

■

+

2.3

453,718,704

+ 18.0

13,416,115

n~220~056

14,234,000

+

2.8

126,194.000

113,468,000

+ 11.2

3,648,000

3,644,000

+ 11.8

3,853.697,009

3,120,528,599

+ 23.5

3,943,925

2,764,249

+ 42.7

35,246,8G7

27.720.887

5,316,724

+ 15.1

6,118,120
3,081,014

986,170,622

.—San

55,566,171

+

¥.

48.609,212

+ 14.3

24,137,916

27,835,199

—13.3

0.4

200,939,603

198,506,993

+

8.2

9,822,350,314

8,076,278,088

1,320,379

1,494^506

—Y1.7

1,443,383

1.2

4,599,587

4,¥37,101

"+"

6 .1

5~577,718

3,966,802:

+ 21.6

132,313,633

113,342,332

+ 16.7

102,720,053

73,739,639

+

Francisco—

3,851,146,546

21.2

83,654,200

73,675,275

+ 22.5

84,423,115

65,802,910

+ 28.3

2,417,541

1,728,489

7,936,666

7,638.108

+

3.9

76,581,835

64,842,881

+ 18.1

3.082,000

2,863.000

+

7.6

25,819,000

21,821,000

+ 18.3

342,723.895

—

336,559,213

3,328,174,674

2,681,134,802

+ 24.1

+ 15.5
—

36,425,941

30,020,782

3,178,110,385.

+ 21.3
+

Lake City
x

Ariz.—Phoenix

—

+

1.8

7,323,431

6,995,829

+

4.7

70,323,214

50,571,435

125,233,663

—

Utah—Ogden

123.843,349

+

1.1

1,167,509,013

988,504,637

+ 18.1

24,314.278

20,271,399

+ 19.9

250,073,096

190.768.629

+ 52.7

85,318.333

75,178,900

130,372,917

127,853,715

+

401,355,726

266,892,735

+

50.4

+ 38.4

69.070,583

50,013,370

+ 38.1

79,370,785

65,760,373

+ 20.7

51,250,843

34,471,440

27J7Y216

24,1>61~ 148

TiYi

21,¥371371

16,119", 169

10,281,616

9,305,119

+10.5

6,072"458

3,585,514-

3,268,420

"+44~8

3,86~7~033

3,030,486

+ 21.0

197,648,318

142.186,000

4,301,844

3,046,823

6,196.871

13,398,346

47,092,814

29,273.492

9,526,018

6,883,160

17,218,837

11,747,957

+

46.6

152,564,395

137,602,034

+ 10.9

5,517,159

3,832,183

+

44.C

50,284,652

39,196,600

+ 28.6

1.181,107,696

1,062,837,190

+

11.1

10,833,504,856

9,143,211,035

18.5

276,611,000

228,681,000

25,370.634

18,598.478

+

36.4

191,054,187

150,836.779

+ 26.7

6,021,149

4,127,020

Berkeley,—.
-

Modesto

Pasadena

—

Riverside
San

Francisco

San

Jose

—

7.831,992

cities)
(190

Total

:

19,086,385
2,076,649,121

-•
—

(19

+

5.481.933

20,919,503
2/237,157,563

Barbara

Stockton

+

'

4,734,187

•

+ 45.9

+ 42.9

65,936,131

56,359,490

+ 17.0

2,273,203

1,541,974

+ 47.4

+

9.6

183,843,352

1,814,227

142.111.630

+ 29.4

5,253,404

1,512.369

3,514,498

+ 49.5

3,205,342

2,847,322

+

7.7

21,053,781,566

17.460,833,749

+ 20.6

497.988,301

416,163,316

+ 19.7

352,704,726
7,183,705,334

247,522,274
5,658,219,192
2,606,353,320

43,279,265,139

cities)—

New York.———

38,109,162,035

+

13.6

421,152,162,714

338,066,951,231

+ 24.6

9,050,373,887

8,286,033,992

+

9.2

22,367,799,239

20,752.101,646

+

7.8

216,158,102,995

177,757,969,960

+

21.6

4,444,398,525

4,434,867,856

+

0.2

Inc.

or

CANADIAN

CLEARINGS FOR OCTOBER AND

-Month of October1943

Canuda—

S

.

-1

■t

Inc.

626,850,459

346,643,519

1943

or

Dec. ft

s

658,578,359

C13,057,151

——

FOR

6,802,717,386

2.2

6,462,032,472

32.8

2.840.037,375

—

261,048,542

+

Week Ended Nov. 4-

1942

1943

Inc. or

$

$

3.3

+

Dec. ft

1942

S

-

*

5,978,428,089

+

13.8

216,632,312

219,123,434

5,337,093,908

+

21.1

229,667,069

182,322,436

43.0

122,177,890

1,986,680,644

+

Vancouver

139,340,566

119,212,523

+ 16.9

1,240,103,988

1,004,198,609

+ 23.5

39,668,236

30,065,638

Ottawa

431,273,506

392,651,787

+

9.8

3,852,094,066

3,095,856,007

+ 24.4

142,496,432

170,650,490

30,101,250

27,360,477

+

10.0

252,678,264

238,274,932

6.0

7,803,369

17,872,689

17,774,933

+

0.5

186,390,028

172,047,188

Winnipeg

Quebec
Halifax

3,460,229,274

WEEK ENDED NOV. 4 FOR FOUR YEARS

-Jan. 1 to Oct. 31-

1942

680,545,458

Toronto

Montreal

1,315,490-

+
+

68,986,411

'

8,312,295

1941

Dec. ft

5,308,914

1.9

7,627,110

8,122,349

4,958,333

162,581,547

+ 26.0

161,584,994

112,641,973

+ 77.1

58,644,447

42,256,098

31.9

26.880,488

20,830,799-

—16.5

66,302,393

50,207,224

6.1

6,846,377

5,939,664-

7.1

4,327,219

4,283,966

6.1

7,395,015

+

—

+

32,019,756

35,068,800

8.7

308,019,882

314,106.534

Calgary

44,745,332

41,123,291

+

8.8

344,708,245

293,921,873

+ 17.3

11,708,970

10,497,625

+ 11.5

13,599,133

11,479,393

+ 18.5

120,902,232

104,624,408

+ 15.6

4,463,862

3,143,237

+ 42.0

9,812,490

9,375,448

90,922,376

84,254,030

+

7.9

2,318,654

2,380,066

8.5

——

John

Victoria

14,942.033

30,464,191

36,899,423

4.7

+•

13,109,345

39,277,062

London

—

39,652,218

—

-

—

Brandon

2,762,191

—

,

———

Saskatoon

—

4.417,192

9,089,336

4,828,263

—*

Jaw

5,593,218

Brantford
Fort

5,221,924

William .--i—

New

Westminster

Medicine

137,268,556

126,567,810

+

348,967,143

259,950,754

+ 34.2

9,389,342

8,101,551

281,188,117

221,880,591

+ 26.7

12,258,714

13,736,717

2.2

23,140,759

20,699,344

+ 11.8

734,280

736,804

35,772,972

28,790,720

+

24.3

1,107,445

1,048,424

+

>5.6-

'942,514

613,899

87,092,937

73,174,656

+ 19.0

2,254,563

2,495,382

+10.4'

2,118,178

1.999,898

38,309,711

34,678,974

+ 10.5

1,174,863

1.055,869

867,246

+ 11.1

50,821,404

46,691,307

8.8

1,259,676
1,361,894

9.0

47,194,046

47,402,618

0.4

1.538,732

1.345,138

—18.9

36.013,967

40,655,895

—11.4

1,019,677

1,102,292

3,815,158

5,919,774

Albert

+ ]
+

•

+

9.2

'7.9

.

'

+
—

1,377,145

0.3

—

7,2

+

w
•

x-v

3,540.031

3,250,067

6,992,048

6,618,371
■t.

641,443

5,161,187
*

5,702,785
552,465

1.1

1,228,575

1,074,527

+ 14.4

1,299,743

1,013,054

7.5

1,033,207

—

+

1.3

19.924,617

15,125,985

+ 31.7

569,606

554,492

+

2.7

529,584

469,642

3,985,500

+ 18.6

39,744,962

34,686,962

+ 14.6

1,239,322

935,517

+ 32.5

821,900

,728,514

5,103,240

—

—

cities)

2,611,726

-

* Estimated.




+

0.3

45,853,532

43,370,122

+

5.7

2.9

57,671,963

55,231,939

+

4.4

1,758,501

-T-

7.9

189,744,267

184,309,893

+

2.9

4,701.061

+

7.8

—

25,604,020

21,551,460

1,184,802

1,497,237

1,458,581

1,354,139

8.9

3,884,422

3,769,660

+ 18.8

733,451

670,720

55,132,511

48,420,284

+ 13.9

1,710,406

1,476,543

7.7

35,833,118

33,004,747

+

8.6

931,678

973,508

—

5.026,084

2,550,105,111

2,380,831,775

898,699

18.4

+ 13.0

5,272,870

1,206.787

+

+

+

.3,230,470
2,408,689

+ 26.4

782,489

4,318,702

3,781,604

;

—

1.484,976
,

5,215,338
>

3,346,683

—

—-r~

02

5,892,452
4.073,701
3,010,388

-———-

—

5,755,586
22,836,828

2,815,078

—

——

——

Budbury

i

-1

+ 15.9.

2,416,576

5,119,412

Moneton

T-td

.,+ 16.4
••

—35.6

—io.8

4,822,818

5,586,928

Windsor

Chatham

2,030,947

3,912,257

21,024,986

Kitchener

Barnia

"••.4,792,348

7,105,930'

2,152,870

4,725,547

Hat

Sherbrooke

Prince

;i

r

2,408,310-

2,447,892

—

Peterborough

Kingston

.

;

2,618,181

6.9

+

.

,!'4.472.989
"5,036,396

•

Moose

.

—

3,793,657

9,924,701

Letli bridge

2.6

—

6,607,B3<>

8,436,132
(

■

,,

+ 14.0
x

2,702,826

;

—

+ 28.9

•

Edmonton

Regina

$

175,981,381

A

8.3

1940:

$

1.1

—

Hamilton
St.

39,407,661

2.0

+ 60.9

1,665,959

39.1

9,462,748

Beach

60,941,649

+

+ 13.5

6.8

13.5

+ 39.9

+ 31.1

+

14,302,730

Calif.—Bakersfleld

Total

4.C

9,472,965

'

Yakima

Ore.—Eugene
Portland

3,731,288
387,937,975

11,607,278

.

Seattle

Ida.—Boise

4,308.846

372,277,375

.

-

+

27.1

+ 13.1

23,078,106

1,067,124,078

535,275,688

+

2,725,109

23,171,775

Twelfth Federal Reserve District
Wash.—Belllngham

Grand

X

57,950,689

---

—

V: Total- (11 cities)

Outside

+ 10.6

371,728;627

—

Texarkana

Santa

2,337,770

88,646,660

+ 28.0

14.632,000

;—
——

Falls

Wichita

2,586,108
106,743,444

+ 22.2

La.—Shreveport

Long

+ 22.8

7.837,462

—

Arthur

Salt

94,317.090

+ 28.0

415,760,741

Worth

Galveston
Port

11.5,826,483

4.7

480,177,870

—

—

—

Paso

Ft.

+ 27.5

10,142.199

+

0.6

40,194,273

Beaumont
Dallas

+

—

+

9.4

644,714

471,324

+

15.8

1,066,057

1,046,351

4.3

941,766

900,485

—

6.8

30,508,576

28,861,300

+

5.7

866,792

1,008,096

—14.0

737,994

+ 38.9

33,711,165

21,053,733

+ 60.1

1,015,983

567,314

+ 79.1

578,162

523,161

+

4.9

48,794,556

47,445,719

+

2.8

1,342,672

1,189,513

+ 12.9

1,223,217

1,071,974

+

7.1

24,168,899,213

20,043,041,035

+ 20.6

841,467,008

759,964,587

-f 10.7

559,732,660

449,885,911

740,048

THE COMMERCIAL & FINANCIAL CHRONICLE

(Continued from page 1972)
D.

Edward
:

3

Co.;

&

Jones

W.

Merrill

Lynch;

Pierce,

Co.;

&

Kenner
Abbe

Newton,

&

Beane;

Webber,
Jackson & Curtis;
Christensen, Inc.;
R.
W. Pressprich
&

Pierce

Co.;

E.

of

Sullivan & Co.; Tucker, Anthony & Co.;.
Corp.; G. H. Wulker & Co.; Weeden &
White, Weld & Co.; The Wisconsin Co.; Dean Witter

Stone

Co.;
&

Power

trust

Light

&

mtge.

4,000,000 Delaware

ferred

.

who

$5

Price,

:

Harris,

Inc.;
of

Chicago;

Hayden,

Miller &

Co.;

E.

A.

Hasten & Co.,

INDUSTRIAL

OTHER

$650,000 Globe-Wcrnicke
1953.

20,000,000

Co.

Purpose,

Hutton

4

MANUFACTURING

%

1st mtge. bonds, due Oct. 1,
Price, 101.
Offered by W. E.

refunding.

'

Co.

&

Lorillard

(P.)

AND

'

'

333/-3/'3:33%3\%'33%%:3

■

Adamex Securities

Corp.; Bacon, Whipple & Co.;

Bear, Stearns & Co.; A. G.
Inc.; Blair & Co., Inc.; Blyth & Co., Inc.;
Sons; Clark, Dodge & Co.; R. S. Dickson
& Co., Inc., Dominick & Dominick; Eastman, Dillon & Co.;
Emanuel & Co.; Estabrook & Company; Field, Richards
& Co,; First Boston Corp.; Glore, Forgan & Co.;
Goldman,
Becker &

Alex.

3YY.--Y'

Sachs

'"

3-.

&

&

•

y3"
3%3;-

Lee

$14

R.

3yy33':'':3.

Co.;

&
&

3'3
3

Co.;

Wertheim

•.

Co.

&

Inc.;

Union
&

Webster

Spencer

Co.-;

and

&

and

The

'%%;%

.%

3.,'(

3

consin

3,000,000 (Oscar)

Mayer & Co., Inc. 15-year 3 % % debentures, due
Purpose, pay notes held by banks, ($2,025,000),
corporate purposes,
($975,000).
Price,
100% and int.
Offered by A. G. Becker & Co., Inc.; Lehman Brothers;
1958.

Glore,

.i:(

Forgan &

Co.; Eastman, Dillon & Co.; Ladenburg,
Harris, Hall. & Co., Inc.; Merrill Lynch
&
Beane;
Carter
H.
Harrison
&
Co.;

Pierce,

Fenner

Loewi & Co., and The Wisconsin Co.

4% %1st

Co.

mtge.

•

bonds,

due

Oct.

15,

-3

refunding

Purpose,

%3%...3%Blyth
Inc.;

($2,010,000) acquisition of constituent;
($490,000).
Price, 102% plus int.
Offered by
& Co., Inc.; Estabrook & Co.; Bitting, Jones & Co.,
Hornblower & Weeks; Paine, Webber, Jackson &

Curtis;

Van

Alystyne,

&

Stubbs,

Inc.,

and

Co.

Noel
Putnam &

Co.;

V.

Whiting, Weeks
y:;;'%%3

stocks

(Preferred

of

stated

a

preferred stocks of
are

no

par

value

par

value

at

of

par,

common

E.

Hutton

&

Marks

Witter

&

Co.

124,250 shares of

White

Baker,

&

&

Jones

Pierce,

while
stock

Inc.;

&

&

Co.;

Fenner

Sons;

Johnston,

&

Beane;

Milhous,

Rohrbaugh

and

Date
Dec

Page

1

per

81

1

Nov

15

American Bemberg Corp., 7% preferred stock—_I__Dec
American, British & Continental Corp., 5% debentures

1

.

1821
-

1237

1437
1525

Apco Mossberg Co. general mtge. bonds due 1956
Nov 30
Asuncion Port Concession Corp., 8%
debentures—Nov 22
Atlanta Gas Light Co., gen. mtge. 4%% bonds
due 1955-Nov 20

1630

Atlantic City Gas Co.. 1st mtge. 5s.iiue
I960.—.._-__..Nov 24
Atlantic Coast Line RR. Co.— V:y'.v'

1321

-if,:.

1631

due

Corp.

20-yr.

6%

income

1957———

-

2nd

Nov

Gen.

&

ref.

due

mtge. 3% '7

Electric

bonds, series C, due 1967-—-Dec

Power

Co-.,

1st

trust

mtge.

--------_-_-_---v--Apr
Cincinnati Gas

& Electric Co.; 1st mtge.
3%s, due 1967 Dec
Cleveland, Cincinnati, Chicago <fc St. Louis Ry., St. Louis •
1st

collat,

trust

Development Co., Ltd., 6%
preference stock

due

debentures due
Oil

Corp.,

—i.—w-..Dec
■

convY

3%%

•

mtge. serial bonds, series A, due 1944-1946—--Dec
Publishing Co., 7% preferred stock— Dec

1

1858

1

1858

mtge.

—Dec

——;—

—

&

Electric

bonds, due 1945 :
Duquesne Natural Gas Co.,
Eastern Car Co.,

Ltd.. 6%

Co.,
gen. & ref.

1st mtge.

Shore

Public

Service

bonds,

1473

1

1859

1st & ref. 5%: sinking fund mtge. bonds, series A & B ..Dec
Iowa Pwr. & Light Co., 1st mtge, 4%s, ser. A, due 1958-Mar

1

1859

1

1134

1

1134

bonds due 1969-Nov 26

1733

ser,




Light Co., 1st mtge. 4s, due 1968—3—-Mar

Iowa Public Service Co.,

1st mtge. 3% %

Utilities

Iowa Southern

Co.

of

Delaware—

.y3,':';':3:3:
4Va%,. debentures due 1966_3i^-__w^.%3-33Y-^33i:''-3-2-..Dec
1

Kankakee

Water

1st mortgage

>;

&

1859

Nashville

RR.

unified

mtge,

3%%

5M>s,

1279
1859

291

bonds.

:

1

5 Vi%

due

1950

—Dec

1

1860

'cumulative, preferred stock....--!;—3_^-.3—Y—..-Nov

29

1860

Robbins, Inc., 3-2%
Manufacturers

&

debentures due

—;

a__

-

-

Securities Co.,

10-yr. 4%'3

1950—

,

'v.

1st mtge.

5s,

due

1951—..Jan

1860
1860

National Dairy Products Corp., serial debs, due 1946-47. Dec

1

1860

1

1860

1822

New

2

1860

New

1728

New

England Capital Corp., 6% debentures due 1964-__Dec
Jersey Power <fe Light Co., 1st mtge. 4%s due 1960_Dec

-•

1st mtge. bonds due
1947—
New York City Omnibus Corp.—

lien

mtge.

6%

1823

1

1729

1

1634

15

1729

due

1947

-

1824
1824
1824

1636
484

1

1824

1

1440

5%

■

bonds due 1965-%-Man

due 1952——.Dec
Fifty-Fifth St. Corp., 1st mtge. 4s due 1955—Dec

Patersou & State Line Traction Co., 1st 5s, due 1964—..Dec
Peaslee-Gaulbert Corp., 6% preferred stock.—-%
1—Jan

Pennsylvania Glass Sand Corp., 1st mtge. 3%s due l960_Dec
Phelps Dodge Corp., conv. 3%% debentures due 1952—Dec
Philadelphia, Baltimore & Washington RR., gen. mtge.

General

it:.

1860
1860

1

Gas

1

J

Price, $31Va per share,;

1861

1861

1

1861

Pictures,

SL>,

Price,

Serial

notes

per

share.

of

stock

common

Offered

by Blyth

1, 1940-

&

;V.'u';V;

■

Issue—

and

*

the

on

the

a

due

6s, series B,

offerings.,'%y

following

1949.

.

\

.

,

L
"

'

Date;;

Page

'1539
1863

1

1675

1

Dec

1863

'

*

,

1v

__>Dec-

a—

3

295

;

i

1675
'

1

1st lien Gs, series B, due 1948—
%3—3..3—Dec
Studebakcr Corp., coriv. 6'i- debentures due
1945L;:y„—_Dec

1863

-

l

1863

.

1

1540

1945-Jan

2

1772

Hospital of Bellevue, Pa.—
1945—-,aL__%%_„_—_33_Jan

l

Studebaker Corpi, 10-yr.
Suburban General
mortga ge

conv.

633 debentures due

bonds 'due

Temple University,,1st mtge. 6% bonds——
Jan
1
Thermoids Co., 1st lien collat, trust
5%; bonds due 1951—iDec 27
Toledo Edison
Co., 3%'% debentures due 1960 %%3%—. Dec
1
Twelfth Street Terminal
Buildings—
1st mortgage bonds dated
Bus

1948 to

1864
1478

6%

Terminal &

v3

1951'
collat.

Service"Ccu;/"1st lien 5bonds;
Utilities Corp.—

trust

ser.

.Dec

■ ■

;

1384

20

'■

1676

A,
—Nov

■

United States Leather Co.,
prior preferred stock
Employees Securities Co.—
Income bonds ar.d notes due 1981—

1864

;_%Jan

I

Dec

1

1774

1964333—Dec
Bros.-Kennelly Co., 1st mtge. 5s, due 1955-!
,_Dec

1

1677

New England Capital
Corp., debentures due

1st

1864

1

33:3';'':3:"3
.Tv*%3--■:'"3y
cdav. bonds, series A, due I960—3._„Jan
1
,.

Utilities

West

1864

v:3

y~.~;.%%aa%%—%_—_%3_

Public

1772

.

1926..—Dec
i
3
Garage Co., 1st mtge. 6s, due
% y V:

1951%a.,;%Y33a,;;%——.%:3%%Y%3„Y,%a.

Water

due.

United

•;

pages

ten months' figures
periods in the four
five-year comparison

1944-1954

due

by

'

;

fIndicates special

tables

Offered

.

V '

'

•

share.;

per

Spalding (A. G.) k, Bros., Inc. preferred
stockJ%.;.3_3-Dec
Springfield City Water Co., 1st mtge. 4s, ser,
A, due 1956%Apr
Standard Public Service
Corp.— - v
■:
;Y 1st iien 6% bonds, ser. A_aY_:_ A%33i3i -33- 3
%333ki % Feb

Virginia Pulp & Paper Co.—
mortgage 3% bonds due 1954...—

1944-1947

■:

_3%^3-3.,-%^—_3„

♦Announcement in this Issue.

;

17.73

1

991

1

1864

...■'3: Y;'
Dec

Western Utilities Corp.) u.% notes due
1952%%%%. 3—Dec
Youngsiown Sheet k Tube Co., serial notes
dated 1940.Dec
Youngstown Sheet Jit Tube Co. serial debentures due

3,.-%%—Dec

{In Volume

1

1864

15

1864

15

3.3;''' -3"

157.

Lre grouped in two separate tables. In the
bring together all the dividends announced the

Dividends
first

we

Then we follow with a second table
in
show the dividends
previously announced, but
which have not yet been
paid. Further details and rec-'
ord of past dividend
payments in many cases are
which

we

1476

1861

under the

1770

and

1

1476

1950—Dec

1

1862

Dec

1

given

company name in our "General Corporation
Investment News Department" in the week
when
declared.
:
■

1862

1771

1824

Offered by Blyth $5

shares

'

Southwestern: States"Telephone' Co.—

1861

1862

1

25.000

Southeastern Greyhound Lines, second5
preferred stock—Dec
Public Service Co.—
"
•
'

1

—Dec

bonds due

mtge. 5s due by ext. in 1950
notes dated Dec.

."k;

*

Stock

Co.

and

1
15

1.

1824
1824

Inc.

$25.50

comprehensive

1

Electric Co.—

Episcopal Church in the Diocese

Se¬

i*-,',
common

current week.

15

Fublib Service Co. of Colorado, 4% debentures due 1949__Dec
1
Raleigh Block Corp., bonds dated 1926_
:
.—Nov 19
Salmon River Power Co., 1st mtge. 5s due 1952—
—Feb
1

1

Mellon

by

of

1352

{2453

Protestant

1

4,000 shares

1736

1824

A„-Dec

Co.

1736

1

dated 1936—a—-—Nov 15
1
10

4%% .'debentures, series B,

bonds, series D 4%% due 1981Pittsburgh Steel Co., 1st mtge. 41/2',-i

•

1860

26;

Water Service Co., 1st 4s due 1964----——--Dec
Oklahoma Gas & Electric Co., 47<- debentures due 1946—Dec
Old Colony Investment Trust—

Portland

comhton' stock, (par

of

2000 .Nov 18
bonds
'
Y
Dec

1st mtge. bonds,

3.' •

/'

—

Ohio

One East

shares

Inc.

.

New York & Harlem RR,, 1st mtge.
3% 74 bonds due
North
Avenue
Market,
Inc.,
5%-7%%
mtge. -

Nonvell, Inc:, 6'%

1439

_.Nov
■

bonds due 1958-4-—a—-Jan

Sixth Avenue purchase mtge,

8

stock (no par ).
by Reynolds & Co.

common

Offered

Southwestern

Werner

Realty Co., class A bonds dated 1937——Nov 29;
York, Chicago & St. Louis RR., 6% debentures--;.Dec
1

Prior

5,300

'

Company

1860

14

Merchants

of

per share.
Offered
■':y(. '.;-y:.'f

preceding, thus-affording

Union

..

series A,

debentures due 1956—Dec

&

(no

i7,..,y'

63rd & Elizabeth Garage & Show
Room Corp; bondSi-3-Nov 15
Southern Advance Bag & Paper Co., Inc.—;y
'■ * 3v":r;
• 1st.mortgage 4%s due;
1955—_yy—v.:_—3-Dec
1

1734

1860

1729

6

Corp.
:

Natural

$20).

(par

the

Union

—Jan

Maryland Light & Power Co.—
mortgage

stock

common

—

Co.—

4'.4%

series A, due 1950
1st

-

corresponding

1st

bonds, series A. due 1959
Jan
1
Kentucky Rock Asphalt Co., 1st mtge. 6%%; bonds_Y'i_Nov 18
Lehigh Coal & Navigation Co., 4'> fund. & impt. bonds-Jan
1
Louisville

of

Dominick.

shares

compare the October
with those for the

.

1860

1

Dec 15

—Dec

,vv';.vy.

1

gold bonds, series B__Dec

Corp., collat. trust 4s, due 1956

;,■■■■

1

bonds__Dec

ser.

bonds, series B2——^-—;.Dec

Paper Co.—

Series C 5%

gold bonds,

Corp.—

1822

■

2,650

we

1st

Mining Co., 1st mtge. 6s, clue 1947—
Feb .1
Mortgage Guarantee Co., common stock—
—Nov 20
National Dairy Products Corp., 3%7a debs, due I960-—Dec
1

1952——Jan

B, due 1952—Dec

1954

Monroe Coal

Co.—

mtge. & 1st lien 25-yr. 5Y

Elk Horn Coal

1

1st

1st mtge, & 1st lien 20-year 5%%
1st

mtge. 7%

bond's due

In

1732

1638

Mississippi Power & Light Co., 1st mtge. bonds due 1957. Dec

trust

————a——

—

Eastern Shore Gas Corp.—
1st mtge. & collat. trust 5%
Eastern

collateral

1

18

International

&

$5,494,001

,

1735

1

gold bonds, 4%%
gold holds, 4%%

Gas

y.'-3y

New Jersey

series, due 1969—-—Dec
1
series, due 1971——-Dec "1
Domestic Industries, Inc., 10-yr. 4%}% debentures—Dec
1
Dominion

*

1

.

mtge,

Dec

—

mtge. 5% 7c

-

;''.^Indicates issues 'placed privately,

1858

ref.

shares

share.*. Offered by Morgan, Stanley

,;:,Y Y mon stock < no par)..' Price,' $22
Blyth & Co., Inc.
'

1857

&

(par 10c).Wcisenberger

4,000 shares of capital stock.
Price,
$38.50 per share.
Offered by Merrill, Turben & Co.
550,000 Twentieth Century-Fox Film Corp. 25,000: shares of com-

Paaa.

1031

1

Dayton Union Ry„ 4% mtge. bonds due 1949——
-Nov 15
Delaware Power & Light Co.—
1st mtge. gold bonds, 4%%
series, due 1969—3——Dec
1
1st

Date

».

Heywood-Wakefield Co., 5% debenture bonds due 1946—Dec
Hightscown Rug Co., 15-yr. 6%% debentures due 1944._Nov
Illinois Iowa Power Co., 1st & ref. mtge. SVis, series B.

1st

stock

Arthur

%YInc.'

years

Mississippi River Power Co.,

1

Co.,

Bros.

1

due

Inc.;

v-

$59s/a

Corp.

637,500 Paramount

McKnight,
Stein

-_T—Dec

debentures

Continental Steel Corp., preferred stock,
_Jan
Cushman's Sons,. Inc., $8 cumulative preferred stock—.Nov

1st

&

and

1821

Y

1951-J."—7—— —3——-Dec

15-yr.

1951

.1821

redeemable convertible

Consolidated Gas Utilities Corp.—;,

10-year 5%

1821

mtge., bonds dated 1890——Nov 15

Colon

Consolidated

1821

bonds

1956

Division

Martin

Lukens,

&

1726

18

Telephone Co. of Pennsylvania—
25-yr. 1st & Ref. 5% bonds, series B, due 1945—
Jan
1
Bendix Home Appliances, Inc., class A
stock—Nov 30
Buffalo,Niagara Electric Corp.—:vi-(-iCalifornia

Inc.;

3% debs., dated Dec. 1, 1941
3%% debentures due 1956

Illinois Power & Light

by

Co..

&

& Co., and Wads-

97,500 Pennsylvania Water & Power Co, 1,500 shares of common
stock.
Price, $65 per share.
Offered by Eastman, Dillon

f;

McKesson

mtge.

-

Bell

Co.

Price,

:

>.

(par

.

:-;yyy; 'v.,
;y
consolidated 4s, due July 1, 1952—
Nov 10
L. & N. collateral trust 4s, due Oct.
1, 1952_—%,.3-Nov 16
General unified 4%s, due June
1, 1904....__
-..__Znov 16
General unified 4s, due June 1, 1964
Y;
"_7.Nov 16
1st

Dominck

National 'Steel
$25

,

Iowa Power &

list of corporate
stocks called for

Her rick.

common

Offered

13,600
per

_

1st

Alabama State Bridge Corp., 4% bonds duo 1952
Alliance Public Service Co., 1st
mtge. 5s due 19S7
American Bakeries Co., class A stock

share.

(approx.), $7 per share.

126,000 Northern

Co.; Robert
Merrill Lynch,

Globe-Democrat

Company and Issue—

and

curities

Inc.,

Dec

General Shoe Corp.,

given in the "Chronicle."

were

Price

:

;v,

Issue-—

Barrett
^

Co.

'

&

Food Machinery Corp.,

bonds, notes,
preferred and common
redemption,
Including those called under sinking fund provisions.
The date indicates the redemption or last date for mak¬
ing tenders, and the page number gives the location in

bonds

Lemon

Kirchofer & Arnold,

Robinson,

Co.:

150,000 shares of
per

Price, 89%

18,550 Muskagee
316,010

Auchincloss, Parker
Alex. Brown '& Sons;

Co.;

-%%%•'■(.& Boyce..

»

&

'

•

-

1

Goodwyn & Olds; Childs, Jeffries & Thorndike,
Inc.; G. H. Crawford Co., Inc.; Ferris; Exnicios & Co., Inc.;
Garrett

Co.

303,720 Master Electric Co. 10,0()0 shares of common stock (par
$1),
Price; $30% per share.
Offered by. Reynolds & Co,'.

Inc.;

Co.,

Watts

(par $1).

v

«

_

by J. G.

a

Stamping Co. 30,198 shares ofPrice, $7.25 per share.
Offered

&

300,000 Monroe Calculating Machine Co. 3,000 shares of Tr preferred stock (par $100),
Price, TOO % per share, plus div.
Offered by F. Eberstadt &Co.
•*
"

1

Redpath;

(no^

154,000 Perfection Stove Co.

General Theatre Investment Co., Lt.—

a

'

$1,500,000 (Julius) Garfinckel & Co., Inc. 60,000 shares of 5%%..
preferred stock ! par $25).
Purpose. refunding ($1,332,347), working capital ($167,653).
Price, $25 per share.
&

*

,

Shearing

$1%

Co-»

&

Offered

stock

common

Originated' with Shields

293,946 Tones ■& Laughlin Steel Corp. 5,090 shares of Class A pre¬
ferred stock-(par $100).
Price, $57% per share.
Offered
by Mellon Securities Corp.
k

company.

Co.,

of

shares

share.

Co.

&

$1).

(par

Rey¬

■

y..;.'.
stock

with

74,177 Harbison-Walker Refractories Co. 4,600 shares of common
y' 'stock .(no par). Price, $1(U'» per share. Offered by Lee
Higginson Corp.
" k"' .■
;;;r"

Space

■.

common

stock

common

'

4,000
per

Kirk land

&

par).

&

Dean

and

Co.

Co.

Co.

1,223,600 Ingersqll-Rand

V

Brown,

liees

Bayway Terminal

Lane,

of

Originated

share.

1188,700 Hercules Powder Co., Inc. 2,400 shares of common stock
■kWY,:,k;kk':,:
(no par);
Price; $78% per share. Originatedwith Smith
Barney, & Co.
;
r

MISCELLANEOUS

&

Redemption Calls and Sinking Fund

which the details

Johnson,

Co.;

shares

4.800

v"

-

deben-

$21,9^,193

Company

Below will be found

&

underwriten

$20,000,000

acquisition of stock of constituent
$8,875 per share.
Offered by Blyth &
and Van Alystyne, Noel & Co.
%)

C.

taken

are

all classes

and

the

Purpose,

^■'%'■ ■'

computed at their offering prices.)

M.

Co.,

Robert

STOCKS

and

holders

■

Co.

Johnson & Co.; Baker, Simonds

Price,

y.%

.

Price,

$26,150,000

(.

W.

1958.

company,

&

stock

187,500 Equity Corp,

Co., Inc.; Dominick & Dominick; Esta¬
Co.; Clement A. Evans & Co;, Inc.; First Boston

1,102,719 Thermoid

Thclmann & Co.;

2.500,000 Thermoid

stock

to

underwrote

H.

worth

Lazard Freres &
Rhoadcs & Co.;
Co.;• Merrill Lynch, Pierce; Fenner
& Beane;
The Milwaukee Co.; Mitchum, Tully & Co.;
F. S. Moseley &
Co.; Paine, Webber,"Jackson & Curtis;
Piper. Jaffray & Hopwood; Putnam & Co.; (Reinholdt &,
Y':.:-;;-Gardner; Riter & Co.; E. H. Rollins & Sons, Ins.; L. F.
Rothschild
&
Co.; Chas. W. Scranton & Co.; Smith,
Barney & Co.; Stein Bros. & Boyce; Stone & Webster and
Blodget, Inc.; Swiss American Corp.; Spencer Trask & Co.;
Tucker, Anthony & Co.; White, Weld & Co.; The Wis-

Wisconsin;

Cork

by Jenks,
R.

Co., Inc.; Kidder, Peabody & Co.;
Lehman Brothers; Carl M. Loeb,

Co.;

G.

White, Weld & Co,

MANUFACTURING

Glore,

Weeks;

and

Inc.; Stroud. &
Co.; Tucker, Anthony
H„ Walker & Co.;

&

Corp.;

Barth

common

Dickson; &

Laurence

Blodget,

Trask

Securities

J.

Forgan & Co.; Graham. Parsons <fc Co.;
Harriman Ripley
& Co., Inc.; Harris, Hall & Co., Inc.;
Hayden, Miller & Co.; Hemphill, Noyes & Co.; Hornblower

<fe

Stone

Company,

S.

brook &

Corp.;

& Co.; Schoellkopf, Hutton & Pomeroy,
Stringfellow; Chas. W. Scranton & Co.;
Company; Stein Bros. & Boyce; Stern Brothers

&

who

by

Imperial Diesel Engine Co. 15,096 shares of capital
(par $5).
Price, $9% per share.
Originated with

stock

stock
(no par).
Purpose, refunding.
Price,
100 per share and div.
Offered by Goldman, Sachs <te Co.;
Adamex Securities Corp.; A. C. Allyn & Co., Inc.; Arnhold
and S. Bleichroeder, Inc.;
Alex. Brown & Sons;; Central
Republic Co., Inc.; Clark, Dodge & Co.; J. M. Dain & Co.;

Co.;

Scott

Offered

banker

same

Shoe

Price, $37%

1139,638 Atlas

15,000,000 McKesson & Bobbins, Inc. 150,000 shares of $4 cumulative

Rothschild

F.

par).

^preferred

Corp.; Laurence M. Marks & Co.; Mellon
Corp.; Merrill Lynch, Pierce, Fenner & Beane;
F. S. Moseley & Co.;
Paine, Webber, Jackson & Curtis;
Reynolds & Co.; Riter & Co.; E. H. Rollins & Sons, Inc.;
Inc.;

share.

per

by

3;%33%3 ;v/ tures (see above).."%,

Higginson

Shields

1148,500 Armstrong

per

INDUSTRIAL AND

Sold

t220,000 American Chicle Co. 2,000 shares of capital stock (no par).
Price, $110 per share.
Originated with Shields <& Co.

Inc. 12,500 shares of
(no par).
Purpose,
re¬

5.241,474 (P.) Lorillard Co. 374,391 shares of common stock (par
%-;?.v:$iO), Purpose, pay bank loans, working .capital, .Price,

Securities

L.

(see above).

218,935 Commercial

Granbery, Marache & Lord; Hallgarten &
Co.; Harrimnn Ripiev & Co,, Inc.; Ira Haupt & Co.; Hayden, Stone & Co.; Hemphill, Noyes & Co.; Hornblower &
Weeks; Janney & Co.; Kebbon, McCormick & Co,; Kidder,
Peabody & Co.; Kuhn, Loeb & Co.; Lazard Freres & Co.;

;33y.3%'
.

Co.,

Brown

Brake

par).' Price,' $37'per
nolds' & CO.
'

Co.,

stock

stock (no
Arthur,

capital
privately

of

shares

share.

,•'

FINANCING

NEW

10,500

Co.

(r.o

($1,031,520), working capital, ($280,980),;
Price,
share p„us div.
Offered by the First Trust Co.
of Lincoln (Nebraska); Beecroft Cole & Co.; Harold E.
Wood & Co.; United Trust Co. of (Abilene); Rauscher,
Pierce & Co., and Bigelow-Webb, Inc.

($14,790,400).

Lehman Brothers; Smith, Barney & Co.;

preferred

Express

par).
Price, $11% per
Wcisenberger & Co.

1177.600 American

$600,000 Indiana Steel Products Co. 30,000 shares of 6% convertible
preferred
stock
(par $20).
Purpose, working capital.
Price, $20 per share.
Offered by Brailsford & Co., and
*33 333,.
Kalman & Co., Inc.

20-year 3% debentures, due Oct. 1,
refunding ($5,209,600) payment of bank
Price, 101% and int.
Offered by

(Purpose,

bonds

Gas

REPRESENTING

,

$11,312,500

Co.

1963.
loans

Adams

33;

Power

offered $15,000,000 3%

OTHER

$38,500,000

,vv:*$118,125

Christensen,

stock

cumulative

105

Hall & Co., Inc.; The Wisconsin Co.; G. H.
Newton, Abbe & Co.; The Illinois Company

'.fand E. Wood & Co.

Blodget, Inc.; Bosworth, Chanute,
Blyth & Co., Inc.; Boettcher and Co.;

funding

Walker & Co.,;
%

YorkY:1\%.';'%%yY':%,:' ■/.•'.'

,"':Y%V;:. ISSUES. NOT

and

1,312,500 Kansas-Nebraska Natural

Blyth & Co., Inc.;

33'%

.

& Light Co. 40,000 shares of 4'% " pre(par $100).
Purpose, refunding.v Price,
$104.50 per share plus div.
Offered by the same bankers

.y•%• 3'3

3%
series
due
1973.
Purpose,
106.14 and int.
Offered by The First Boston Corp.;
Goldman, Sachs & Co.; Stone & Web¬
ster
and Blodget,
Inc.;
Eastman, Dillon & Co.; Hornblower & Weeks; F. S. Moseley & Co.; A. C. Allyn <te Co.,
bonds

debentures (see above).

■

collateral
refunding.;.

and

Webster

Loughridge & Co.;

'3%3'3333'!3Y y'.

1st

Co.

..

Garrett-Bromfield & Co.; Peters, Writer &
Inc.; Sullivan <te Co., and Dillon, Read & Co.

Inc.;

Co., and Harold E. Wood & Co.

&

AGENCY ISSUES

$28,345,000 (Federal Intermediate Credit Banks consolidated deben28,575,0001 tures, $28,345,000
dated Nov. 1, 1943 due Aug, 1,
1944; $28,575,000 0.95%, dated Nov. 1, 1943, due Nov. 1,).
1944.,: Purpose,
refunding,
($46,060,000), new
money,.
($10,860,000).
Price, par.
Offered by Charles R. Dunn,,
fiscal agent,,New

cumulative

4,000,000 California Electric Power Co.'40,000 shares of 5%%;;con3^3%%3:3 vertibie prior preferred stock (par $100).
Purpose, re¬
funding..; Price, $102.50 per share and div.
Offered by

Securities

15,000,000 Delaware

shares of AVzIa

20,000

stock

%:%;;33%:3' offered the $7,500,000 3%

Calif.;

Peters,
Writer
&
& Co.; Rauscher,
H. Rollins & Sons,

R.

Union

Light Co.

FARM LOAN AND GOVERNMENT

(par $100).
Purpose, refunding.
Price,
102.25 per share plus div.
Offered by same bankers who

Co.; Shuman,

Blodget,
/

&

Co.

Gas

preferred

L. F, Rothschild & Co.; Schwabacher & Co.; Shields
Agncw «fc Co.; Smith, Moore & Co.; WilStaats Co.; Stix & Co.; Stone
& Webster and

Inc.;
&

lian

,

Riter

Inc.;

Co.,

$2,000,000 Atlanta

Peabody

Marks & Co.;
The Milwaukee

Pacific

Co.;

&

Paine,

■«

Kidder,

fa Co.; F. S. Moseley & Co.; Newhard,

Co.; Mitchum, Tully

Cook

& Co.;

Kaiser

Co.;

&

Langaw & Co.; Laurence M.

C.

.Monday, November 15, 1943

PUBLIC UTILITIES

The dividends announced this
week

Bank

of Chicago—

Dec

1862
1863

Bank

oi

Denver
Extra

Nova

Scotia

National

and

Trust

(quar.)

Bank

■

National

Trust

:(:$212

1-

(Tulsa, Okla.)——

$1

37%c

,

3

12-16

12-

(quar.)—$1%

—

—_

First

are

Companies
1

11-19

12-

1

n-19

12-15

12-10

Volume

THE COMMERCIAL & FINANCIAL CHRONICLE

Number 4229

158

1979

■

•

•

Per

v.

When

Per

HolderI

Payable

.

of Rec.

..

When

Holaert

Harrison Natl Bank

Home-wood. Bank
Manufacturers

(N.

share

(s-a)fJ;

J,);

SUV-.
$2.25 :

■

(Pittsburgh, Pa.)

Bank

&

(irreg,),..
(St. Louis/--

Trust

•Extra

40c

County

Sussex

Trust

Del.)

of

share

held

11-15

ferred

11-$

$6,preferred

20c

12-31

12-21

;: 20c

12-31

(s-a)_

,

Extra

"

—

■

12-

1

,

Glidden

.•'•.

'

'

Advance

Aluminum CastingsAgnew-Surpass Shoe Stores, 7'//

Alabama

Mills

Allied

Finance

Allied

Mills

A me rex

-

Co,

3

11-30

12-

1

11-

:$5

12-

1

11-20

l

11-26

11-10

12-

20c

—1-.

1

11-10

37V?c

L

12-10

11-18

$1

•:

Chicle

I-

20c

(year end'•

12-15

12-

/' 50c
i

Holding Corp. (s-a

American

12Vac
$$134

pfd, (quar.)

—

Alaska Packers Assn.

When \
Payable of Reo.
11-20
12-10

Per
share

•

,

Name of Company

(quar.)

50c
■

12-15

12-

40c '

12-15

11-17

20c

'

Extra

12-15

11-17

1

I'M

Public

77

Service,

American

Class

Tobacco

B

Co.,

(quar.)—.1

12-

11-10

75c

.

12-

30c

11-15

11-

8

$3

12-15

12-

1

$2'/2

12-15

12-

1

7c

12-

1

11-15

12-23

12-10

,

—-

___

Bangor Hydro-Electric,

7%

preferred (quar.)
of Canada,

Barlow & Seelig,

7 'in

B

class

preferred

;

preferred

$1V2

12-

1

11-12

I-

3

12-15

1-

3

12-15

453/2

1-

3

12-15

:

15c

12-

3

11-18

37V2C

12-

1

11-15

37Vs>c

1

11-17

25c

12-6

11-26

12-

1

11-20

—."

preferred (quar.)
'
57c preferred (quar.)——
Birmingham Water Works, 67r pfcl. (quar.)
Bond

Investment

of

Trust

Sll'4

! $lVa

12-

40 c

Brewing Corp, of Amer
Border City

12-

Mfg.

&

Boston

Ground

:

Albany

Trust

end)

(year

Fund, Ltd.-..

11-15

11-15

11-29

11-19

15c

B

A

11-15

12-

1

11-15

— —

West Utilities

Co.—

r'

(accum.)—-

preferred
;
preferred (accum. )i
$6 prior preferred—
Central Illinois Light,
pfd.
Central Ihinois Securities

:

—

—

$iU

12-10
12-10

11-20

44
$1 Va
si/c

12-10

11-20

SI

,

'M-A-d
(quar.)— ;

Corp.—

12-10

preference

■i 12-20

11-10

12-17

12-

7

12-17

12-

7

15c

'.

11-15

10c

•

; ?

—-

11-15

11-10

12-14

11-19

12-

$1 Va

pfd. (quar.).

of New Castle Water, 6'.«

11-19

75c

—

-_

Chrysler Corp.

1

11-24

50c

A------ (quar.)--—

12-

City Ice & Fuel Co., common

(i1 i'(
$1.62 Va ,
preferred (quar.)
u*,
City Water Co. of Chattanooga-—
5'si/4:
preferred (quar.>
i:-—1
'
87 Vic
Cleveland & Pittsburgh RR;, 7% gtd. (quar ).
50c
Special quaranteed (quar,
Tractor

37 7 c

Co.——

Inc., common

Stores,
Fuel

Columbian

Iron

&

Carbon

Commercial

Co.

preferred

Commonwealth

Consolidated

11-10

12-

1

11-10

12-

1

11-10
11-19
11-20

1
1

11-20

11-10

12-10

11-19

Inc.

(quar./y

(quar.
Lta.

Amusement,

1

10-15

12-15

12-

30c

Corp.

1

10-

5:4c

'

11-

10-20

1

1

Consolidated Diversified Standard Securities-—

.12-15

11-15

75c

11-15

11-

Consolidated Laundries, common (resumed)-;
$7.50 preferred (quar.)—-——
qonsolidated Retail Stores, corn, (increased)

25c

12-

11-20

$17«

2-

1

1-15

25c

1-

3

12-17

$2.50

noil-cum.

,

B'.r

preferred

Continental

Can

12-17

12-31

12-15

12-31

12-15

$2

(quar.)—

—

Continental

3

50c

— ——

Co.

1-

1

1

50c

(quar.)

Assurance

Extra-

(year-endt—

25c

r—

Continental

Motors

Petroleum

Creole

.

12-15

11-26"

preferred

1

11-15
11-15

12-17

11-26

12-15

11-30

25c

12-15

11-30

15c

-----A

——

12-

12-15

25c

——A——-.

Corp

—

& Forster

7'/.

—- -

(quar./.

1

Extra
Crum

(Chicago)

30c
40c

Continental Casualty Co.

•

Insurance Shares—

sifi

pfd. (quar.)—

11-30

11-12

$1V«

(quar.)—

Dayton Power & Light, 4Vat*

12-

1

11-20

1-

3

12-15

$1

Delaware RR. (s-a)—_—_—:
Diamond Alkali Co. (quar.)—T,——
ftoermbecher Mfg. Co.—;

50c

12-11

11-27

10c

12-10

11-30

11-17

.

preferred
preferred

d'h

fit

(quar.t—

$1 Va

12-

1

11-10

(quar.)....

$134

12-

1

11-10

tquar.)_-——'

SIVt

1-

3

12-

4

(quar.)——
——i

$ 1 Va

1-

3

12-

4

Eastman Kodak Co.,
6',,

preferred
Eaton Mfg.
Elliott

Co.

(irreg.)

—

common

75c
•

———

11-24

30c

12-15

11-10

.11-18.

v

Empire Star Mines.Co., Ltd...———i—

50c

Employers

Reinsurance (quar.)
Pittsburgh RR., gtd. stock (quar.) —-

40C

11-15

10-30

Erie &

80c

12-10

11-30

25c

12-

1

11-10

SI

12-

1

11-10

12-22

11-17

Fairbanks Morse & Co.
■

Extra

——

11-10

.

*

(quar.)-—

—

12-10

—
'

Fnlconbridge Nickel Mines (interim)
Federal Compress & Warehouse—

quarterly
Co. of Amer., class. A (quar.)

Reduced
Finance

—

5(7 VaC
25c

12-

1

11-

8

15c

12-15

12-

4

Ford

B

Wood

General

Industries
Corp.

———

~\

(quar.)

General Brewing
6'<

General

Bronze

Corp




12-

4.

50c

12-10

—

12-

1

5C

12-15

12-

1

10c

11-16

11-10

12-

1

11-15

25c

(irregular> —

Corp., common—
convertible preferred (quar.)—

12-15

75c

—v—•"

& Schmidt Brewing

America

15c.

—

Hotels Co.——-i

Furhmann
Gar

(quar./———

12-20

12-10

l5c
30c

12-31

12-20

12-20
12-10

12-1

4

Sheaffer

(W.

A.)

2,

11-18

Soss

12-

1

11-17

Southern

75c

12-10

11-30

Spencer Kellogg &
Spear & Co., $5.50

Extra

1

Sixth

11-10

11-15

12-

1

11-12

50c

12-

1

12-10

11-26

12-

1

11-10

"11-16

11-10

12-

1

11-

12-

SIVa
50c

Howe

Sound

Co.

preferred

fh

Imperial

——

(quar.)— y—y

11-25

—

International

Intertype

Kaufmann

12-

1

11-23

$5.50

2nd

preferred-,-

$130

12-

1

11-23

$5.50

2nd

preferred

$13«

12-

1

11-23

30c

12-

11-15

Sports Products, Inc.—————

11-10

11-12

25c

12-

11-20

Standard

SI V4

12-

11-23

y ;

——

Ltd.

(s-a)—A

450c

12-

(quar.).

60c

12-

25c

12-1

425c

1-15

12-15

"

(quar.)_

15c

—

___

Kobacher

(S.

H.)

1

12-

12-15

11-30

15c

11-15

11-

Sun

(D.
A

Oil

A.)

Oil

12-20

3

12-20

12-

1

11-29

11-18

I2V2C

II-29

11-18

12-

Co.—

preferred (quar)
(quar,)—•

Extra

420c

1

11-15

25c

12-15

11-26

50c

12-15

11-26

10c

—

12-20

11-10

12-10

11-20

Superior

10c

11-27

11-17

12-

11-20

Sylvanite Gold Mines (quar.)———43c
Symington-Gould Corp.
25c

I-15

11-15

11-22

11-10

Taylor

50c,

12-10

11-30

10c

12-10

12-

25c

12-14

11-23

12-

11-10

40c

1

12-14

12-14

11-19

12-15

12-

25c

12-

50c

Mining
Tool

(quar.)

Tecumseh

4

11-20

Tennessee

12-15

11-20

Terre

Products
_

Water Works,

12-27

12-15

Texas Electric Ry.

12-

1

11-10

Texas

12-

1

11-24

$144

12-

1

11-24

12-15

$1.50

^

1-

40c

3

12-

^

Corp.

Haute

30c

—

•

Milling

4

440c

Stores, Inc., common (quar.)———
7(4 preferred (quar.)—
-y—^———
Ludlow Manufacturing & Sales Co.____—„:

a—4_—.

Die__

&

$144

Lincoln

Lykens Valley RR. & Coal (s-a )——.—

Sunshine

11-19

15c
50c

——

—

Levy Brothers Co., Ltd. (interim)
Lexington Water, ffcpreferred (quar.)—_

77

pfd.

$134

(quar.)

(liquidating)

$4

Tilo

4

Toledo

Ltd.

Mines,

(quar.)—

Madison Square Garden

Magnet

Consolidated

Corp..

25c

—

Shirt

Co.

11-30

13 c

Ltd.—y_'—:•'■

Mines,

Magna vox Co,' —————y
Manhattan

12-15

46c

—

12-10

11-15
11-19

10-

12-

1

11-10

12-

1

11-10

lOc

12-15

11-26

convertible preferred (quar.)
—35c
Edison, 57c preferred (monthlyI_
414-;,c
preferred (monthly),
50c

12-15

Oil

&

common

Electric

Merchants

&

11-12

Transportation

—...

Metal & Thermit Corp.,
v/v

rreferred

Meteor

Motor

common

17

67

preferred

12-

12-29

1

12-15

4

12-

12-10

12-

12-22

12-11

12-10

11-20

75c

12-

1

11-20

75c

f

(quar.)

1

::

11-20

208

1

South

United

La

Salle

Street

Corp.

Corp.,

class

(quar.)——

50c

Chemicals, $3 pfcl.

United

Fuel

(quar.)

11-15

11-10

I-

1

11-10

1

11-10

12-

1

11-10

United Public Utilities Corp., $3 pfd. (accu.)
$2.25
$2.75
preferred
(accumulated$2.06/4

$4.50

preferred

B

(s-a)

$2.25

12-

1

11-10

United States Gypsum,

17 Vac

11-10

Moore
•

(Tom)

taxes

*

——

Nabco

ville,

Life

Nashua

Insurance

Gummed

Automotive

Co.

convertible

(J.

Newmarket

J.)

Co.

Mfg.

11-15

Wabash-Harrison

11-19

Ware

1

(s-a)-

Nineteen Hundred Corp.,

$6

1st

86

11-20

11-20

11-10

11-20

11-10

80c

12 VaC

11-20

West

10c

12-23

75c

12-10

B

(quar.)

Central

class

Ry.

fir

Steel

Products

preferred

Outboard

&

end

Year

Pamour

Porcupine

Parker Pen

Co.

Mfg.

—_

Airlines

Co.

12-31

1-

12-31

Y.

&

Pa,

Western

preferred (quar.)
Pillsbury Flour Mills

12-

8

.12-

8

2-15

2-15

Wcstvaco

Weyenberg

1-15

11-19

11-

11-20

1

Wheeling
Will

&

Shoe

Mfg,

Electric,

Baumer

1

12-

11-19

Williamsport Water,

12-

1

11-15

Wiser

12-

1

11-15

1-

1

12-

1

11-23

11-29

11-15

Extra

Winters

$1 Va

12-13

'11-20

$13:4

12-

1

11-10

25c

12-10

11-16

25c

12-15

12-

12-15

11-20
1-10

$2Va

,

.12-

4

4

12-31

$1

1

11-15

12-

1

12-

1

-

12-

1

11-10

12-

1

11-19*

$1V4

.

1-

3

12-10

$134

1-

4

12-10

75e

12-

1

$2 Va

12-15
12-10

12-

1

Steel

1st

5'V

12-15

Car,

12-

1

11-19

25c

1-

1

12-10

6/4 C

1-

1

preferred

conv.

conv.

preferred (quar.)—
preferred (quar.)——

Woolworth

(F.

W.)

Wright-Hargreaves

(quar.)

—

■

preferred (quar.)—
——
Procter & Gamble Co., 5'b pfd. (quar.)-—Public Service Co.

1-

1

12-10

12-15

11-24

41 %C

12-

1

11-20

50c

3.2-

1

67c

■*1{M

preferred

preferred

(monthly)—

.—.

:

.

12-11

1-

3

12-11

11-15

10-30

184-4c

2-15

1-31

1834C

5-15

4-29

is34c

——

Co.

_

_______

8-15

40c

—

Mines,

Ltd.

(reduced),,

Common

12-

7-31

11-10

4614c

Mfg.

1-20

4-

3-20

40c

12-

11-10

42c

(special)

11-20

2-

50c

—

11-26

12-

50c

Yale & Towne

1-

50c

common—

Common

Young-Davidson Mines,

Ltd

—_

■

12-

11-12

Below we give the dividends announced in
previou»
weeks and not yet paid. The list does not include divi¬
dends announced this week> these being

given

58 VaC

12-

1

11-20

in

the

preceding table.

Bank and Trust Companies
Per

Nnme 01 Company

Snare

Bank of Montreal (quar.)_,____
Bank

of Toronto

When

Payable

ttoiaer 1

of Rec.

$$112

12-

1

10-30

42V'a

12-

1

11-15

12-

—_____

1

11-10

12-

1

11-15

11-15

10-30

(quar.)—

Bankers Trust (Des Moines) (stock dividend)
One

share

of

new

shares held

,...

1- 3

common

for

each

nine

11-20

$1V4

of Colorado—

(monthly)
preferred (monthly)

.5f"c

(quar.)

Wrigley (Win.) Jr. Co.,

12-10

62 VzC

common—

preferred

5

11-10

1

1844c

conv.

77

11-24

70c

2nd

11-

12-

25c

'

Crampton Corp.—
75c conv. preferred, (quar.)

11-20

25c

Placer Development, Ltd.
(interim)
Prentice-Hall, common (quar.)—_—

11-15

25c

_

—

11-23

$1/4

—

3
9

11-19

$H4

Pittsburgh b Lake Erie RR. (irregular.) —
Pittsburgh Plate Glass Co. (year-end)—___

1211-

1

11-19

$134

_______

——

(quar.)_

Sl'.a

12-15
12-

&

Pittsburgh Youngstown & Ashtabula—

5't

10c

(quar.)— /

11-10
11-10

1

11-11*

25c

—

$iya

11-30
12-

11-11*

$1 Va

.....

12-

5

11-10
11-10

37VL»c

(quar.)—

preferred

11-

11-15

11-30

$1

11-10

20c

Pittsburgh Coke & Iron, $5 conv. pfd. (quar.)
Fort Wayne & Chicago Ry.—

Pressed

$6

11-19

ic

——35c

preferred

1

$1

—

common——

(quar.)

11-30

50c
v

—

—...—

(quar.)

(monthly).—

17c
12-15

Pittsburgh

preferred

11-15

(s-a)

67

12-20

;

(quar.15c

Candle____—

12-10

Oil

Co.

12-15

Products—Ql

1-15

12-

1

Chlorine

Oil

1

50c

17

common.....

—-—

$1)4

pfd.

Wcstlnghouse Electric & Mfg.,
I'M participating preferred

12-21

—_

class A (initial),

conv.

12-31

12-21

(s-a)

common

1-15

25c

(quar.)..r———

(quar.)—

Ry.,

Union Telegraph,

$2

(accum.)——

Water,

6"«

preferred

N.

Westgate-Greenland

25c

Philadelphia Suburban

;

1-

(s-a)

preferred (s-a)___

$l'/a

Mulliken

preferred

11-18

$1%

37'/2C

— __

iquar.),—

11-15

31 V4c

————_—_—

Common ' (quar.)

12-

Supply

Western Utilities, 67

Corp.—

Philadelphia & Trenton RR. (quar.)—4-4—-

fi

11-15

25c

Auto

J5c

Philadelphia Suburban Transportation.^,..-

$3

12-15

12-

12-22

25c

Pettibone

1-

$iy2

(quar.)

common

1

1-

$1V4

(interim

$7 conv. preferred series A

Exploration

11-20

Sl/V

40c

Mines

(quar.)

Pennsylvania RR. (year-endi——
Pennsylvania State Water, $7 pfd, (quar.)
Corp.

2

75c

preferred (quar.)
Pensylvania-Dixie Cement Corp—

Pennroacl

11-20

12-

pfd.

Jersey & Seashore RR.,
guaranteed (s-a)

57c

12-22

50c

conv.

Petroleum

11-20

12-

-

11-16

12-10

t$l34

:

■

Park-Wilshire, vtc. (irreg./y—'
Peaslee-Gaulbert, 6
preferred——„———
Patterson-Sargent Co.
$1.25

12-

12-

12-

Telephone, 67

Western

11-27

10c

(quar.)———————
;
1.

Pennsylvania-Central

1

$25c

(quar.)————4"

Marine

Package Machinery

Coast

Western

3

$1 Va

(quar.

11-23

12-

$2

——

Inc., common.—
preferred (quar.)———————— :

(i'r

Ontario

1-

SIVa

(initial)

A

1

12-10

40c

(s-a)....

12-

10c

Siiccial

11-15

$ 1 Va

Northrop Aircraft,
Northern

4

4

11-23

Hydro-Electric, class B (s-a)
45c
preferred (quar.420c

Engineering

partic.

5

12-

—i

12-

12-

7

West Canadian

12-10
11-

9
4

12-15

Wcllinan

1-15

1

11-

12-

11-20

12-23

12-

12-

12-15

25c

11-15

11-15

12-15

12-15

40c

(quar.)___..—^
Swasey

&

.11-15

(irreg.)

common

3-10

$144

——

preferred

1

12-15

end)

3-20

12-15

1

(quar.)—.__———„

Corp.,

$1

50c

(year

12-11

11-10

50c

-

class B (quar.)——

(year
Car

end)———

common..^,.________

i—

Mfg.,

12-

A

Mines

Corp.
—

$l3„,

12-

:

1

preferred

1st

$1 >4

•

—

Washington Tin Plate Co. (liquidating>_
$50
Waverly Oil Works____„_20c

12-

preferred

American

North

„

Mills

Shoals

f 'c

West

(s-a)

„C

^

Extra

5

$1

N i le s -B em en t-Pon d

12-10

1-10

Shipbuilding Corp.—

Participating stock

*

12-20

2-10

$1 Va

York

Founders shares

11-18
12-13

common—$2>4

Co.,

12-22

1-20

60c

——

(irregular)

1

62Vfec

4-20

$1 Va

New

RR.

11-18

12-

„$l3t

(quar.j_—:

$1

Central

——

(quar.)$l34

11-

$2 Vac

——

York

(quar,)—

preferred

11-10

$ 13 4

(quar.)——

Co.

New

1

preferred

11-24

$lV'a

-n---

12-

77.

11-15

15c

—w

11-10

$1

17c

$4

———

II-24

end)——:.—"

(year

'

preferred (quar.)——

12-15

$1

1

Wamsutta

(quar.)———

12-15

1- 3

-

(quar.)

Common

11-24

12-31

12-

Warner

77c. preferred (quar.)

Ry.

Detinning

,

Negus Mines ,Ltd. (interim).

preferred

11-26

27VaC

Paper (extra)

Fibres—

Nebraska Power, 6('r

11-26

common

12-

75c

,

—

preferred

1st

Co.,

11-24

50c

(quar..

12-10

12-10

$144

common

3

12-10

11-20

1

50c

Coated

&

Acme

National

Newberry

—

1

475c

12-

(Nash¬

(quar. )_„———_

National

64a

(liquidating)—.

Accident

&,

Term.)

Raalte

Vulcan
12-

(quar.)

12-15

$2
75c

Liquidating Co.

Nashville

Van

4

,'Y

(quar.)—-

pfd.

87c

preferred

——

7'4

(quar.—

Works,

A

preferred (quar.)
Valspar Corp., $4 preferred

Virginian

—

.

Water

12-

class

17c

dividend)

27 gallons payable in bulk Kentucky Bour¬
bon.
Recipients must pay State & Federal

Murphy (G. C.) Co,

12-16

$$1 V4

—

(whiskey

Distillery

1

■

preferred, (accum.)——

$3

11-

11-

1-

Investments—

12-

Montgomery & Erie Co. Ry. (s-a)
Montreal Refrigeration & Warehouse—

1111-

11-15

11-15

12-

67c

II-30
11-15

4

1

$2

end)—

(year

12-

12-

75c

;

—-

$2.25

com.

12-

12-15

12-18

(s-a)—.-.:

Co.,

(s-a )

12-

12-15

11-30

A

C

12-15

,

3

preferred

preferred

11-20

11-30

$4.50

$4

1

440c

A

B

United

11-20

440c

Amusement

Class

$1 »<j

11-20

1

12-

20c

(quar.)

11-26

.1

12-

,

20c

—

(quar.)—$1%
Triumph Explosives. Inc. (irregularis——
lOc
Tyer Rubber, common.—.
50c

11-10

$1.75

•

—

Tool

Chemical

12-20

10c

;

—

Car Co.—,

Machine

12-

25c

(quar.)

common

preferred

1

12-

58MiC

—

Extra

35c

(quar.).

(monthly)..,

Com})any,

11-20
11-10

1

50c

(quar.)

partic.-pid. (participating)

Metal Textile, $3.25

Trion

12-10

12-

35c

4i___————i'i

Co,

Miners

77c. preferred

25c

—

.

1

10-14

25c

(quar.)..

25c

Master

67c

1

20c

Coal

Roofing,

$1.40

12-15

11-20

(quar.10c

Pacific

Extra

—_

Macassa

11-10

12VaC

partic.

Co.

3

1-

25c

(quar.)—..——7—.

1-

475c

—

class

1

5

$l5c

—

11-24

$144

—

special preferred (quar.)
Kuppenheimer (B.) & Co.
Lee (H. D.) Co. (quar.)Leslie Salt Corp.
(quar.)—

11-30

8712c

—_

.

Stuart

11-26

6

12-15

common
(quar,)
(quar.)—L..——
Corp (s-a)
;

Furniture

12.31

50c

—

25c

(quar.) ——__r—•
& Co., common.-..:

6(7

Extra

1.15

$lJ/2

:

preferred

Kress

12-

12-

20c

4

common

Storkline

11-10

1

$1.25

Standard Silica Corp.
Stedman Brothers, Ltd.,

4

12-10

(quar.)...

——i

11-20

12-

40c,

pfd.

5(4

(increased)

12-15

12-

$la«

(quar.)—,"

(accum.).

(Ohio),

67
preferred
Stewart-Warner

12-15

$2
■

1

Co,

Extra

11-23

12-15

SI Via

;

(quar.)

Stores,

12-

25c

Department Stores (year-endi
$6 partic. pfd. A (quar.)—

11-22

1-15

'20c

(year-end)

King-Seeley Corp.
Kinney (G..R.) Co., $5 prior preferred.—
7 (r;

475c

\;
—

Parchment (quar.)___^

Furnace

Oil

Common

11-19

(initial)-—ry

Safety Razor, class A

Mill

1st preferred

1

11-10

Kendall Co.,
Kilburn

11-20

11-16

C'o.

&

12-

12-13

12-10

11-10

Petroleum

Stove

11-20

12-24

12-

preferred (quar.)__

preferred

6(4

1

12-15

—...

12-

—-i——
Foundation, com.

Kalamazoo

12-

15c

(year-end)—50c
Sons
50c

Gas

12-

Paper, 5(4

Kalamazoo Vegetable

11-20

425c

Corp.

Investment

1

$144

.

11-15

12-

$14.,

Products

International

International

(irregular)-

1

$iVfe

—

(s-a)-—.—0
Indian Motocycle Co
Steel

Co.

11-15

12-

25c

—

11-25

50c

,

—

(quar.)

Oil

Indiana

Natural

11-15

25c

Bway Co., partic. ctfs. (irreg.)
Sontag Chain Stores, common—
.17
preferred (quar.).—L-

Manufacturing

11-10
11-19

preferred (quar.)—_

Water, 6(4

Huntington

(accum.)

1

1

12-10

50c

.

•

&

—

$1.80 class A

11-13

Investment

(quar.)

—

1

11-30
12-15

50c

^
-

Pen

12-

—■,

.

Class

12-

12-15

?5c

f>
-

12-15

8

SI Va

pfd. D (qunr.)__

(s-a)

International

65c

12-14

25c

Dotningueic Oil Fields (monthly)———East St. Louis & Interurban Water—
"

$4

—

—-

•—.

——

(Henry),

Omar,

preicrred V—----(accum.)

5:75c

Consolidated Hotels, $1.50 pfd.

Canadian

12-

25c

Co., Ltd.,\57t panic, preference,—-..
410c
Servcl, Inc.
25c
Sharp & Dohmc, Inc.—25c

Holt

Nippissing

10-

10-11
11-15

17 Vac

:

(quar.
International

10-11

20c

25c

(quai.

Congoleum-Nairn.

1;

12-. 1

1

(Los Ang.)—

Discount

fid preferred

1

11-27

$1

(quar.

11-16

12-

25c

—■

12-

12-

11-30

62 Vac

preferred A (quar.)—,——..d-—

11-10

12-

25C

(quar.)——-.

1

12-15

30c

.

11-10

Second

11-20

11-10

Hollinger Consolidated Gold Mines (monthly )

Muncie
50c
25c

i-„.

Char is Corp.

Q'i.

3

'

(accum.,

Chain Belt Co.
Chapman Valve Mfg.

5it

11-20,

1-

1

1
1

1

11-20

25c

$6. conv.

Colorado

8.

12-

1212-

1

8

$144

;

—-

11-

12-31

12-

Monsanto

:11-23

11-10

12-

11-15

80C

11-30

67

11-27

5

25c

Joseph Water, 67 pfd. (quar.),—:.
Schenley Distillers Corp.—

12-11

11-15

11-

50c

8

12-11

11-30

II-23

11-

Royalite Oil Co., Ltd.
Joseph Lead

25c

12-15

80C

$1

St.

11-15

Rochester Gas & Elec.,

50c

iU

Special

Monarch

;

St.

11-10

4$i58

:

10-26

12-

11-30

1

11-10

1

12-10

11-30

1

12-11

11-

12-20

12-15

12-

1

12-11

75C

(accum.)

—

12-15

12-

1-

10-25

12-14

Motors, Inc. (year-end),——
Reynolds Spring Co.,
Rheem Mfg. Co. (quar.

25c

1

25c

12-11

11-

425c

.

1st preferred—,

$6 prior

Cleveland

12-

1-3

1

25c

Corp. (irregular)
Mining Co.——
(Canada) (quar.)
Hines (Edward) Lumber Co

425c

—'

$7 prior

Extra

1

50c

.2nd preferred

prior pfd.

Hecla

4$i

.

& South

12-

410c

(quar.)

$7 prior preferred

12-15

410c

'

Catawissa RR., 87

1

3

4S1

preferred (quar.)„.•_.,.
class B

12-

1-

1-

'40c

———

11-15

1

12-15

75c

(quar.)

(quar.-

$2 class

12-

$l:,i
.

j

Packers, Ltd.

Colonial

3

12-14

1

11-15

v.

Carman & Co.,

'City

11-

1-

65c

preferred (quar.■"
Burlington Co. Ry. (s-a)_—•—•
Vinegars, Ltd. (quar.

Exrru

11-24

11-10

11-30

Canada Wire & Cable Co., Class A (Interim)

.

12-10

50c

11-15

Water, 77

Central

11-13

12-31

4

Extra

5'*

11-13

$1

(s-a

Camden <fe

6\z7.

1

$2.25

RR.-J,-.—'

Rent

Special

:

1

1

40c

Buffalo Forge Co.

Class

11-20

50c

Boston

Canada

11-20

12-

50c

(quar.I--——--,

(quar,)——1.—

Borg-Warner Corp.

Canada

,

(s-a)—• V-r $2

Extra

Butler

1
1

12-15

America—

beneficial interest

Units of

Bullock

1212-

$ 1 Va

___

& Son,

11-16

+75c

V

Hinde & Dauch Paper

11-15

II-30

50c

Brewing Corp.
ii
Bigclo.w-Sanford Carpet, common——

12-

37',2C

i—

(quar. )„_

$4

of Rec.

11-

I-15

.

Tobacco,

Hartman

tioiaers

Reo

11-16

1

$4'/2

———

Manufacturing Co,

6t"

12-10

11-30

30c

end)-—-.-;-.

Berghoff

Bird

3

tvnen

Payable
11-15

$1

(irregular)-

Refractories

Per

Name oj company

5c.

(quar.),,,-,,,—

(initial)—.—4—

Co.

1

12-

56V»c

(quar.)-,

<quar.),_,_,-.„....-._^„„„f..

Hazeltine

12-10

412 Vic

(year end)
(year

1-

12-15

?,'a

3

437 lac

-

(s-a—--

Mills, common

Belden

$1

—:

Bjeau Brummel Ties
Beaunit

•

4:12 Vac

(increased)

A

(initiali

2nd

(quar.)—,.

(quar.)-

$1.20 class A (quar.).._____

Brothers,

Class

pfd.

Ltd.

1-

$144
;

Barber-Ellis

'

11-10

1

75c

••

Common

Beatty

1

7c

(quar.

A'pco Mossberg Co., v.t.c.--—-----—--------Atlantic Gulf & West Indies, com. (year-end 1
5% non-cum, preferred----.
Avondale Mills, common
'

6i«

9

11-20

,

—y~~

12-

30c

—

Mills, $6 preefrred

Union

$1/4
$ll/a

—

Harbison-Walker

11-20

12-10

•

—---

common

12-

3

12-10

$14i

preferred——,

preferred (accum.

1-

$1.18*44
Si 4 /

preferred (quar.)
American

of Rec.

pre¬

Great Lakes Paper, $2 partic. pref. B (accum.)
Great Northern Paper (quar.)———

1

'

American Gas & Electric, common (qunr.)_,

of

—

Gosnold
Grand

share

each

Goodall Securities Corp.

Holders

Payable

Pugct Sound Power & Light, $5 pfd. (quar.)
$l>4
Quisett Mills (quar.$i
Red Indian Oil.,
4
4c

(quar.)

Goebel Brewing Co.

Industrial and Miscellaneous Companies

share

Co., common
convertible preferred

4\'ir'ic

12-21

.

for

common

(irreg.45c <:■ 11-20

(Mass.)

Trust

(Lewes,

•

,

~~40c

Norfolk

12-20
12-15
12-15 } 11-30
12- 1
,11-15

Name of Company

General Shareholdings Corp. (optional stock
dividend
series).
Cash
or
121/1.500th

snare

•

„

Name of Company

Banque

Canadienne

Black Rock

,1——

Nationale

(quar.).,—,—

Bank & Trust (Conn.)

(quar.)__

,1

$1.50
40c

"5».«W,15

Baas

THE COMMERCIAL & FINANCIAL CHRONICLE

1980

When

Per

30c

Dallas National Bank (Dallas, Tex.)

(quar.)—

!

1-

4%

12-24

3

11-15
12-24

7%
preferred (quar.)
Associated Dry Goods Corp.,
6%

12-23

12-26

*::■

National

First
Y

First-National

Bank

f

First National

1-2-44

12-24

1-2-44

12-24

1-1

12-29

12-22

i/—

J.)

N.

.

&

(quarterly)

12-10

Atlas Powder Co.

12-17

12-10

Atlas

Kan.)

(quar.)_:___
Austin, Nichols & Co., prior A (accum.)____

Autocar Co.

12-15

12-15

Baltimore

12-14
11-15

10-31

Barlow

(Chicago)

$lJ/a

(quar.;

(quarterly)
Merchants Natl. Bank & Trust (Syracuse) —
Mercantile Nat'l Bank (Dallas)

Common

V;

—

40c

12-21

12-25

Pottsville,

(N. J.)

Bastian-Blessing

12-24

11-15

11-

_

&

Packing

7%

12-24

preferred

(Chambersburg, Pa.) (quar.)*
Nat'l Metropolitan Bk. (Wash., D. C.) (extra)
National Security Bank (Chicago) (quar.)—
Pacific Nat'l Bank (Seattle, Wash.) (quar.)

1-3-44

1-3-44

12-24

Belding-Heminway

12-31

12-31

Bell

:

(Montreal)

Provincial Bank

•

Bank

Seal tie-First National

South

Commercial

Texas

(Houston)

(special)

12-31
12-

1

11-15

12-30

12-24

tSl'/4
25c

—

12-

tSl'/a

12-11

;

—-—;.t
Trade Bank & Trust (N. Y.) (stock dividend)
for each

share

1 J/a

%

12-22

S.

Whitney Nat'l

(Portland, Ore.)

Bank

Fund,
Woven

Industrial

and

12-15

Boyertown

1-3-44

12-22

Brandon

1-

35c

(quar/)—

12-20

3

Steel Co.

Acme

.

(quar.)

**

Corp.,

Inc.

12-11

75c

—

11-16

12-

1

11-15

1

11-15

11-20

11-

11-18

11-

9

12-

11-12

12-

8
8

11-15

11-30

11-15

Extra

_

50c

12-11

1-

11-15

10-30

Burial

Aeronautical

—

Casket

50%

12-

7%

A

Alabama

1-

Service Co., $6
Albany & Vermont RR. <s-a)__

11-15

•

'7%

preferred (quar.)————

Co.

1

11-

8

I-

3

12-

3

1

11-13

11-17

11-

11-15

10-30

11-20

11-15

10-30

12-29

12-18

12-22

12-

12-

11-15

11-15

11-

Allied

15c

12-

1

Mills

50c

12-

1

11-10

—

Allied Products

Class

Corp.,

50c

(quar.ii

common

A

Allis-Chalmers

.

American

Arch

American

Automobile

Co.

Class B (year end)

American

Chain

Co.

12-24
12-24

12-31

B

Consolidated

Biscuit
Edison

Co.

Vultee

12-

1

11-15

II-29

11-19

25c

11-29

11-19

$1.75

(quar.)——

shares

of

—•

on

.-,•■*,

i
'

class

B

Furniture

5%

conv.

$2

5%
6%

News

Optical Co.

Co.

(P.

H.)

12-30

12-15

5%

conv.

12-15

5%

non-cum.

preferred

1-

3

12-11

1-3

12-11

Co.

Water Service,

preferred

B

Dominion

11-15

11-

8

Canada

lion

$1.50

12-10

11-19

Canada

Malting,

12-10

12VaC

12-

11-20

Canada

7%

11-10

Ltd.

Northern

•

Bakeries,

11-15
11-15

11-13*

Canadian

$l'/4
25c

::

SlVa.

——

30c

(N.

i

1-

1

12-15

Canadian

I-

1

12-15

Canadian

12-15*

:

Food

12-15*

1

11-19

Class

12-1

11-19

Canadian

11-15

11-

1

12-13

Canadian

10c

$1%
50c

5

12 -15

12-

12-

3

12-

11-19

Oil

Cos.

1

II-15

11-

5

6%

preferred

A

12-15

11-15

12-15

11-15

Case

11-15

10-22

12-

11-13

Caterpillar Tractor Co. (quar.)
Central Foundry, 5%' conv. pfd.

1

6%

I.)

Illinois

Public

50c

12-15

11-30

$6

1-

3

12-20

Central

1-

1

11-30

5%-

75c

12-

1

11-10

,75c
130c

12-

1

$6 preferred (quar.)
6% preferred (quar.)

12-

1

11-10

£15c

12-

1

11-10

Tobacco

Class B-

Co.,

common

(quar.)

(quar.)—.

Ampco Metal. 6%

—

preferred

(s-a)

—_

Anglo-Canadian Telephone, class A (quar.)—
Arcade Cotton Mills, common (quar.)
6% preferred
(s-a)_.

11-10

—

Archer-Daniels-Midland
Arden

Argo

Farms Co..

Oil

Corp.

$3

$6

&

Co.

$3

12-21

12-15

50c

12-

1

11-20

75c

12-

1

11-20

(quar.)...—

—

...

preferred (accum.)——.

6%

preferred

(accum.)

preferred
Maine

series

preferred

7%' preferred
Central

Ohio

Co., common——

Light

$6

preferred
Central Surety




f85c

153c

•.

&

1-

1

Extra

&

Insurance

Quarterly
Central

$6

12-21

Public

Extra

5%

on

class

preferred

A

11-30

6%

nartlcipating

and

7%

pfd.

preferred

12-

1
5

Dolese

6

11-

5

$50(5,

12-

1

11-

1

& Shepard

3

$2c

12-22

11-17

11-15

11-

1
1

12-10

11-23

3

•12-13

60c

■

$1.75
50c

$m;*

1^

1-3
1-

;12-13
'

3

II-30
12-

12-i'l

<11-15

11117

1
•

-">i/

■

;:*

$4

11-15

11-^

Bridge

II-15

11-8

10c

11-30

11-29

$1.50

12-

1

12-10

1

12-10

1

*

Shore

$1.50

?Rc

$l'/a

Co.,

11-

Public

12-

1

J. 1-20

3-1-44

75c

2-10-44

12-

1

11-12

11-15

10-31.

11-15

11-

5
5

'

11-15

11-

11-15

10-20

12-1

11-15

11-25

10-30

$$1.88

_

1-

2

12-10

$87: '4c

Steel

1

11-20

12-

1

11-

$10c

12-20

$5

1

11-22

75c

11-15

preferred

vtc.

Utilities

12-

11-20

Eckhardt & Becker

12-10

11 -*>4

Electric

1

12-15

Eddy. Paper

11-1

$1.25

11-15

11-

12rl0

11-20

$1 Vi.

1-

1-

■;

12-20

si'.2

1-2

12-15

30c

quar.i__

1

12-10

$1.50

pfd.

1-

2

$1 Va

common

1212-

11-20.

12-15'

1

$ 1") 8

Inc.,

1

25c

12-15

12-

3

50C

1-

3

12-

3

$25c

12-

1

11-10

$l'/4

(quar.)

(accum.)"

Assoc'ates

Manufacturing

2

11-24
llr- 8

37 Vac

(quar.

(quar,

Products

12-

:',.1:50c

12-

6

Sugar Associates—

Special

11-20

;

;___

10-30

1-

11-20

$$1.25

*

Service. $6

Lines

preferred

11-15

1

■

(quar.).

Steamship

Eastern

1

11-20
'•

1

12- I

25c

common.

preferred

conv.

Eastern

;11-13

12-' I
12r

$1.25

'••

■

'

$2

\J1-20

25c

(accum.)

Durham hosiery Mills, 6% pfd. A 1
Eagle Pic'her Lead, com. (year-end)
6% preferred (quar.

Eastern

1
1 '

Envelope & Cartons—

Chemical

$6 '/'a

1212-

$30c

preferred

-;5% preferred (quarterly)
Duri'ife Brkdstreet. common

Eastern

•12-23

:12-23

25 c

(quar,

6%

Stores, Ltd, (quar.
Douglas Aircraft Co. *

$5
11-15

11-15

25c

Dominion

11-15

I-

50C

Co,

-

8

1

1

37'/be.

Anglo Investment Corp.—
preferred (quar.i

Dominion Coal Co.,

Dow

12-

12-

$2

Dominion

1212-

12-1

12-14

30c

7% preferred (Western)
(quar.)
Dominion-Scottish Investments—
5% preferred (accum.)

12-15

12-10

11-15

121-14

.

«1ai

Co.

1

50c

1

;* $i'/4

Dominion &
Dominion

*

$13/4
—

12-

1-3
12-

,

25c,

___/

11-

Eaton

—

1

3

$l3a

(s-a)________

3

I-

Corp.—
(quar.)

11-

12-

H-15:

B__.V_^__

12-

Eastern

Champion Paper & Fibre, common (quar.)
' 6%- preferred
(quar.)..

Mills,

11-19
12-24

1

„

12- 6

1:S2

Co.—

12-10

Ribbon

50c

12-

pfd. (quar.)

J 25c

12-10

Century

1

1- 3-44 12-20

;■75c

(quar.)
Wing Paper, 5% pfd. (quar.
Dodge Mfg. Co. (Indiana) iquar,
Extra
/

12-10

——__—

11-19
12-

*'..;/ 25c

Diem &

1

(quar.)

12-10

11-29

$7

Diamond Match Co.

2

1

(Mo.)—

12-23

8

Co.—

1-

1-

——-

11-

35c

1 quar. I—_—

Diamond Alkali

11-15

1-

Corp.

5

2

12-15

40C

Denver Union Stockyards, 5%%

1

$1%

Service

6

11-13

75c

Detroit Gasket & Mfg., 6% pfd.
(quar.),..—/•
Devoe & Raynolds Co. Inc., class A
(quar.t'i
Class
B
(quar.)

12-

Sl'/a

10-16

preferred

:

Co., 7% preferred (quar.)
Dentist's Supply, common (quar.)
7%
preferred (ouar.)

11-15

1-

—

Vermont

11-

all

.•

1

$1 '/a

—_

'

1

12-

$3

Deere &

11-15

1-10

—_____—_

Power

11-15'

12-

•

12-

75c

12-

62Vac

(quar.),

11-30*

10-15.

12-15'

$2

:

'(payment clears

(accum.)

$25c

—

■

(quar,)

12-15

1

11-19*

10c

arrears)

10-30

——.:

(quar,)

11-15

3

12-20

1

1-

10c

1-

1-15
12-

$4

(accum.)_,
Power

/

*■/;

(Mo.)__

\'preferred

———■—

10-16

$lVa

12-20

t$ .l Vi

'

(quar.)— „

11-15

(111.)

prior

1-25

50c

15c
...

conv.

12-15

<s-a)_

Extra
Armour

12-21

—....

...

preferred

$1

11-15

Co.—

Service

12 V;c

American

11-15

t$1.75

——

(quar.)—
7% pfd. (quar.i——

Co.,

87 Vac

5

10-31

12-15

$25c

preferred B
(J.

(quar,)*——

Foundries

11-

11-15

12-15

$1.50

20c

$1

/.i}$3

11-24

f 15c

(quar,)-—

11-30

Steel

1

11-15

$20c

50c

;

«*

1

12-

(quarterly)————

Carpenter Steel (interim.)—.-——
Carthage Mills Inc., common

Central

_'ii.

12-

12-16

3

12-28

& Refining Co.—
—

12-16

5%' preferred (accum.)
——
;
Canadian Malartic Gold Mines (interim).—-

11-10

6

11-15

$$l'/a

Publishing Co., $4 prior pfd. (quar.):

$4 prior pfd.

5%

1

20c

(irregular)

12-10

Curtis

Trust—

1-

$1.75

Y.)

(quar.)—jj.L:——

12-1

25c

B "(interim)-—

12-

:

$l'/4..
'

prior preference (quar.) (s-a)

?50c
ic.

50c

.

^.

.

12-

5c

7% pfd. (accum.) (paym't clears all arrears)
Decca Records Inc. ;
(quar.)::—;

(quar.

25c
-

11-26

Cushman's Sons—

(interim)——

Invest.

U-10
12-

Sllb

10-30

Foreign Investment Corp.—

International

12-1
12-10

4314C;

10-30

preferred (quar.)_
:
Canadian Industrial Alcohol, class A (interim)1

12-31

11-20,

12-10

$50c

10-30

8%

12-

10-30
12-1

12-15

56'be

.

+25c '

Products

11-15
12-15

25c

50c

11-15

11-15

12-31

11-15

10-29

10-30

1

5c

preferred (quar.

50c
|50c

1

12-15

11-15
12-

IOC

11-15

_

Fairbanks-Morse

10-25

87'a c

(init'al)__—

11-15

it!"

—

11-15

'

10-30

(quar.)

1

50c

American

Corp,, com.

11-18

$1

$ 1'/4
n

10-15

$50C

1

50c

Mfg.

11-18

$ 12c

11-20

t37'/a<i

pfd. (s-a)___:_

1

$ll/a

A

12-15

11-30

11-30

$$1.75
$30c

>: 37 lac

partic.

American Thermos Bottle, pfd. (quar,).—:.,
American Thread, 5% preferred (s-ai——

.

6%

5%

class

5

1-3-44

$1

...

Cunningham Drug Stores—
6%

12-15

;:

Crown Zellerbach Corp.. $5 conv, pfd,
(quar.)
Crow's Nest Pass Coal (interim)__
Crum & Forster, 8% preferred
(quar.
Culver & Port Clinton RR. (extra)
J

1

:yt$V/2

12-

62VaC

11-

1:20c

12-

12-

11-15

11-22

si

preferred (quar;)a__—

4Va%-

12-20
1-3-44

8

20C

& Seal, Ltd. (quar.)
Drug Co;, common—.——
preferred (quar.)_____;

Press,

11-

\i $1%

—

Cork

Cuneo

11-20

(quar.i—:::.

$2,25 .preferred: (quar..)//:——/_!"'•

7%

10-29

$114

11-15

>

preferred (quar.)—

Canadian

(quar.)_-

11-

$1%

37'/2C

(quar.)___-^^.

Power

preferred

11-22

11-23
11-30

75c

62 '/2C

class A (quar,)'

12-

15c

1

2%%

pfd. (quar,)'
Canadian Breweries, $3.40 preferred (qiiar.).
Canadian Car & Foundry, partic. pfd. (quar.)

I-

11-

J50C

11-15

1

11-15

25c

(quar.)___

20c

<

12-20

;

Curtis

pfd. A (quar.)

75c

—.

12-20

3

11-19

11-15

1

3

(year end)

Foundries,

$2

37'/aC

6%

Sugar

Ginger Ale

$1.75

12-

12-

1-

25c

(quar.)

11-25

50c

12-10

Wirefess

&

1

1

5

I-

(quar.)___

12-

$1 V\

5

11-

31V4C

^

(Holding) Ltd.—
5!/a% preference (s-a)
California Packing Corp., common (quar.)—
.'
5 % preferred (quarterly)

1

11-

1

3IV4C

(quar.)

;

Cable

1

5

$50c

_______

preferred B

Jackson

11-15

12-1

25C

(quar.)

1

12-

37'/ac

1
1

15c

preferred (quar.)__.
Co., common (initial)______

$1%

Safety Ra?.or
——_
Ship Building.————„

Common

common

convertible

12-30

12-

12-

1

$1 Va

(year-end).

12-

&

Year-endAmerican

11-15

12-15

12-

11-20

Central Petroleum Corp. (resumed)—,
Crown Cork & Seal Co., common

11-15

12-15

1

(initial)

Brewing Co.

1

Dry

preferred (quar.)———'*

American Smelting

Croft

12-

12-15

12-

31 »/4C

12-

■

Crown

1

75c

Canada

American Paper Goods Co.. 7ef» pfd. .(quar.)
American Radiator & Standard Sanitaryv com.''

American

11-10
11-

1

Bush

:

Canada Foundries & Forgings,
Class B

common

—u-

Rolling Mill

1

12-

11-15
12-

11-19

Byron

11-

Crane Co,,

12-1

10-22*

11-5

11-15

Creameries of America, common
$3Va preferred 1 quar.).

Crown

11-15.

12-15

50c

11-15

Crown

Butler

12-23

40c

Y.

11-12

11-15

12-15

10c

(quar.)___

common-

11-15

50c

,

5

11-15

12-

25c
^

5

1

11-25

5%

11-

12-

11-25

1

11-19

1

$1 '/a

N.

;

r

Corp.____:

11-

3

45c

11-15

11-

5

75c

11-24

11-10

$2.37'/a

(year-endil___^

(quar.)

11-26

11-10

Brewing Co. (irreg.)__;_

2c

J

25c

Boat

11-18.

50c

!

I

12-24

12-22

(quar.)__

8c

50c

12-31

12-

11-

Corporate Investors Ltd., class A (Irregular>•
Corrugated Paper Box Co.,,7% preferred
Cosmos Imperial Mills, Ltd.
(quar.

10-29

12-30

v.t.c.

M

11-15

11-20

40c

:

Canada

(quar.)

American

1

A

m

11-15

1

Bay Lumber Co. (initial)—
Coronado Hotel (St. Louis)—
*

10-30

1

12-

55c

Coos

Class

11-15

'

1

1

12-

Concen-

&

62%c

Co.

11-

11-15

$l'/4

common

11-12

(bi-monthly)

Re-Insurance

1

7quar,)
;
Adding Machine (quar.)
Terminal BIdgs., 7% pfd. (accum. )_^__

5%

75c

11-15

11-24

12-

preferred (quar.
Wagon & Machine Co.—

participating

1

1

12-

Cook Paint & Varnish, common
$4 preferred
(quar.i

1

3c

(quar.)::

American

11-

7%

12-

12-15

60c

2c

Mining

12-

—

Special

7%

Sullivan

2

$2 pfd. (quar.)——

preferred (quar.)——

American

11-19

11-15

:

Mfg. Co

3

Co., Ltd., common....;.:

American

&

1-

(quar.)

Metal

12-15

(quar;)

(F.)

12-

(quar.)

preferred

American

12-20

20C

(quar.i

75c

—....

(quar.)

preferred

1

3

1-

$1.25

(quar.)

Ang.t

12 Vac

(quar.)

Manufacturing Co.,

12-

12 Vac

—

(quar.)

preference

11-20

11-15

12-15

(quar.)

preferred

6%

Products (monthly 1
American Investment Co. of Illinois, common

.

Hill

California

American Home

American

1

12-15

4

15c

•_„—

—

American

$3 preferred

Co.

—

Forging & Socket Co.

preferred

12-

10 c

12-

15c

—

American

$214

50C

■,::*■'* 25c

;

12-

1

11-

c

25c

(quar.)__

12-

50c

Envelope Co., 7% pfd. A (quar,):
American Export Lines, 5% pfd. (quar.)
American & Foreign Pwr. Co., $6 pfd. (accum.)

American General Corp.,

11-20

15c

one

(accum.):

1

.,*•'■

trating

5%

11-15

(quar.)
of

10-20
10-20

40c

Container Corp. of America
Continental Steel Corp., 7% pfd.
(quar.)...;./
Continental Telephone, 6'/a% pfd.

40C

75C

—

(quar.)

preferred

11-26

12-

Co.

1

10-20

Sl'/4

*___'_
Consumers Co., $3 preferred (accum.)
Consumers Glass Co.. Ltd. (quar.

$ 1 Vi

$2y2

American

$7

12-10

$l'/4

—

5

11-15

11-15
11-15

Liquidating

Burrougns

S1V4

stock...

common

preference

87'/a C
(quar.)

(quar.)

Burlington Mills Corp.,

share of pref-.
erence to each 13 Vb shares of class A or

5%

11-26

*

Burkart

12-15.

(payable in
company's 5% preference

the

11-26

10-20

68 3/4

convertible

Consolidated

11-30

class A & B

stock, in the ratio of

11-

11-19

$4c

pfd.

Aircraft,

12-10

11-19

3

11-15

62 '/a c

Power, 6%

Consolidated

2

1-

50c

_———'

(quar.).,

Inc.

(Los

River

3-24

Mfg., $5 prior preferred

Inc.

Connecticut

10-14

12-10

3

12-

$i'/4

ireducedi

1

12-15

12-31

Ltd.

3-31

11-30

7

12-

$$J '/a
Mines

12-

25c

11-10

$l'/4*

Quarterly

til

$1%

11-19

Sl'/a

.

.

11-20

(quar.)

12-

1

—

1

.

Machine

Butler Bros.,

preferred (quar.)
American Cyanainid Co., class A (quar.)
Class

;

5

Conde Nast Publications
(special
Confederation Life Association (Ontario)

25c

-.

5%

Stock dividend

Bunker

11-10

50c

(quarterly)_———
Cable, common..

&

11-

Insurance (St. Louis i—

Bakeries, class A

Can

11-10

1

(quarterly)___^.___
(quarterly)
(quarterly)
Columbia Pictures Coip., $2.75 conv. pfd.___
Commonwealth Telephone, $5 pfd. iquar.).:
Community Public Service (quar.
Compania Swift International; see Swift
Concord Gas, 7%
preferred (accum.)
;
A

1

(quar.

common

12-31
12-

11-27

10c

;

series

preferred

Si.25

10-30

10-26

90c
common

1-

Sl'/a

1

1

90c

V

!—

1

Electric,

12-

1

12-

11-15

$1.25

preference

Preferred 5%

6%

$1

—i._::

American

6

&

Consolidated

*;Extra.:
Bullock's

11-30

25c
.

6

12-15

+30c

'

(irregular)

Quarterly.
American

&

12-

(year-end

12-31

12V2c
GJ

12-

12-

'(year-end
Gas

Coniaurum

.

(quar.

Falls

(E.

$1.3/*

-

Hills

Die

15c

Inc/(quar/)
Aluminum Manufacturers, common (quar.) —
■< 7%
preferred (quar.)„—
————
Amalgamated Electric Corp. (interim)-—

Co.,

Co.

Budd

12-

.

$iy2

Shoe

Buell

1

12-15

Connecticut Light & Power, $2.20 pfd,(quar.)
$2.40 preferred (quar.
Connecticut Power Co. (quar,)„____________

■

li^g*

$3

$25c

12'/be

25c

11-

25c

12-11

12-

12-. 1

iquar.)__..■

11-15

$3'/2

Silk Mills (interim)_______
Brunswick-Balke-Collender Co;, common
*$5 preferred
(quar.)■
Buckeye .Pipe Line Co.

12-11

12-22

4'$2

.

L.i

12-11

12-21

U2

;

pfd. (quar.) (payable in U. S, funds).

Aluminum Industries

'

2

25c

Cement

Aluminium, Ltd., common (quar.)—:———
Special
———
6%

1-

50c

(j'ear-end)ii„—.

Mfg.

12-27

43%c

4—

Alpha Portland

12-27

$1
•

(E.

Buck

1

12-15

$1.06 «/4

pfd,

10-29

Bruck

11-15

Allied

5'r

50C

3Va% preferred (quar.)_
Brooklyn Telegraph & Messenger

8

25c

1 1

12-

(quar.)

37'/a C

1

(quar.)———:
Laboratories Inc.-;—_

Corp.,
Iron

11-15

:

preferred

Brown

1 *

12-

Broadcasting System Inc.—-

B

5%

12-

12-15

i

(quar.)______

A;kman

A

Columbia

11-10

12-15
12-15

(quar.)__„_

common

11-26

iquar.i-.

Co.

95c

Allied Kid Co.

.

Motor

12-

:

2

Class

11-26

11-20

75 c

(s-a)

11-20

(s-a)

Extra

Bruce

1

preferred

Ltd.

16c

Co.

Brooklyn Edison Co., Inc.

1

Co..

50c

(interim)

12-

$1%

J—../«■

Plow

•

.

68 34 c

(quar. )„_

.

$lVa

Super Markets, 6% pfd. (quar.)——
Allegheny Ludlum Steel, common (year end)

10-25

12-

12-

__________________

11-15

$1.50

pfd. i.quar.)i,

Alberts

12-18

1

Light & Power—-

(interim)

$1

Water

11-20
11-13

12-

$1

(accum.)

7%

1

11-24

$2'/a

11-25

5

■s

;11-20

:•>

$1

(accum.)

preferred

1

**

1

$1%

(accum.)___:

12-10

11-30

20c

—

stock dividend

11-17

■

12-15

50c

'

:

11-30

2

31'/4C

:

(s-ai_

3

12-

»

11-10

$13.20

1-

&

1

Angeles
_

1

Colgate-Palmolive-Peel,

Sl'/a

R.ubber Co.

12-

15c

Products

Airplane & Marine Instrument
.

.:

(year-end

Cockshutt
$4'/a

12-

1

$1

11-20

Collins

11-10

$1.50

11-30

1

12-

1

50c

(s-a 1

3

11-

12-20

.

(quar.i

(Los

1-

11-15

Co.—

International Corp.—

A

9

12-

—

Electric

(qua r___

A

Common

.'Class

l'/ac

(year-end 1

class

Coca-Cola

6

(quar.i

&

Bottling

Extra

11-13

1

87'/a C

—-

_____

Corp.,

Brockway

'

(year-end)-—

12-

2

Gas

Co.

11-

12-

RR.—

(quar.i__._/__-_„-______;:,_:.

1st preferred
Cola

$3

10-29

12-15

40c

(quar.)_

A

Bristol-Myers

11-16

50c

—^

Acme Wire

1

12-

Mines

guaranteed

Coca -Cola

11-23

$1V4

___^

—

Pittsburgh

stock

Counties

5%
Coca

11-15

12-

^

.

1

&

Special
Coast

.

4

15c

25c

;

1st pfd.

Hose &

Brazilian Traction

Companies

Miscellaneous

Regular

12-

(quar.i

Clayton Silver
Cleveland

11-13

S1V4
common

common..,:

Class

Ordinary
/

8

11-12

11-27

50c.

-

Orleans & Texas Ry.—

preferred

11-26

75c

Class

75c

Orleans); (quar.)

(New

(quar.)

(quar.)

(H. C.), 7%

1-3-44

Bank

Nat'l

Steel

Boston

12-10

11-

1

12-

5%

Columbia

Bourjois, Inc., $2.75 pfd. (quar.).

-.Quarterly*
U.

Bohack

—

11-12

$1%

3-31

9-30

11-15

■_

Copper Co._

Class

4-1-44

6-30

Cincinnati New

11-30
11-24

10%

7f,x
preferred (ouar.)_____
Blue Ridge Corp., $3 conv.
pfd. (quar.)—
■J3 share of common stock or 75c In cash__
Boeing Airplane Co.___

12-20

Chile

10

Bethlehem

7-1-44

11-30

.

(quar.)

Company

Boston

held:——

(Youngstown, O,)

each

11-20

$2.50 12-21-44

—

Bank

for

Association---

12-31

10-2-44

6-14-44

12-10

20c

____________

11-22

$2.50

3-14-44

25c 10-14-44 9-14-44

t$l

preferred (quar.)
&

11-19

1

25c 7-14-44

SI

Cement,

11-20

12-

(quarterly^_________

25c 4-14-44

10c

outstanding)

preferred

11-15

Quarterly

Quarterly

Colorado Fuel &

Limestone &

11-15

1

12-10

Quarterly

(quar.)____

share

1

12-

15C

—

11-22

$$1.75

(one

Oil

urregaian

11-15

$25c

1-3-44

$2.50

share

conv.

Cotton

coutinon

1

(quar.)__

$2.50

•'

Natl.

$5

6%

11-22

Oiuer,

12-15

30c

«•

(quar.)

$2.50

"

$2.50

l/15th

now

preferred

Bessemer

12-28

Bank

—

Quarterly

Union

$7

12-15

Mail

12-

15c

class A

(quar.)

Berkshire Fine Spinning

10-30

1-3

A

iquar.i

Co.

12-

75c

25c 1-14-44 12-14-44

Corp.—

dividend

shares

12-28

Best

—

Quarterly

Stock

12-31

40c

(quar.)
National

Quarterly ;

t..\

12-21
1-1-44

$2

'

(quar.) -i.—J—

Puget Sound Nat'l Bajik (Tacoma) (quar.)
Royal Bank of Canada (quar.)—-—

$8
$ 1 Va

Aircraft

!>2.25

—

25c

1-15

5c

(quar.)

$1
25c

Bank

1

11-24

Chickasha

1

40c

common

11-

12-

Chicago Yellow Cab Co. (quar.

$1

25c

Munsey Trust Co. (Wash, D. C.) (quar.)—
National

Co.

Ltd.,

12-

75c

hcld)_

common

11-26

2-

15c

Year-end

Belding-Corticelli

1

each

12-10

15c

(year-end)

Paper,

5

Chicago

•.

50c

(quar.)____.__

Co.

Power

Beech-Nut

10-30

11-15

12-31

$1

(quar.)

Pa.

(extra )

Co.

11-

11-10

20c

Bathurst

50 c

Bank of

Seelig Mfg. Co., $1.20 cl.
O.l

10-29

11-15

"•

$1 '/a ;

....

Extra

12-26

$1.13

(quar.)

Miners ^Nat'l

Morristown Trust

12-31

&

Barnsdall

3-44 12-18

1-

40c

MScantUeyNaT'l"Bank~

;
Show

Radio
Inc., common
preferred (quar. 1
Bandini Petroleum Co. (quar.Barcalo Mfg. Co. (s-a).

12-10

f$l

'';

for

20c

/
3%% •'

new

11-22

30C

6%

(Ontario)

;

11-20

40c

12-21

(Milw.) —

Bank

Exchange

National

Marine

1

preference

11-10

(increased_

Ry.—

(l/10th share of

Chestnut Hill RR.
(quar.)__
Chicago Corp.—
$3 pfd. (this payment clears all arrears)
$3 preferred (quar.)

4

11-10

12-

20C

(irregulari____u__-_.

12-21

40C

(Ltd.)

London & Western Trusts Co.

11-12

11-19

11-15
11-15

•

75c

Ltd.

12-31

—

11-12

1

$1

$lVa

(quar.)-

(Chicago)

Bank

1

12-

25c

(quar.i.......^..

12-31

„

12-

1

15c

$ J.oO

.

_______—__—

of Va.

onio

m

Stock dividend

11-10

10c

jjiCi.

/

of Rec,

11-24

15c

(irregular)..

Corp.

Mines

Cne^apeane

62'/a c

$2

(Wichita,

Bank

National

Gold

Chesapeake Corp.

11-15
11-12

Holder$

Payable

25 c

$2'/a

(year-end 1

Corp.

Ordnance

Aunor

11-15

1

12-

w.,. <•>«

—

1

$1.50

25C

—

/

Fourth Nat'l

Tack

Auto

Quarterly
Industrial

preferred

jtniB.

(quar.).

1

12-

thare

>

.

12-

12-21

~

81 % C

(s-a).:_:)

'
6%

12-17

Bk. & Trust Co. (Oklahoma City)—

First Natl.

Fe Ry. Co
preferred.

Special

12-22/

Corp.

Extra

12-

$1.75

Sante
6%

vy«»ct^Vaive

Charis

,<■

_______________—a—_____i

Co.

12-

37'/aC

(s-at

$2.50 prior preference (quar.
Atlantic Refining Co

(Montclair,

Co.

Trust

&

L.ght,

Atlas Corp.,

5c

Nat'f~Bank

Gas

11-15

$4.50

pfd.

Atlantic Coast Line RR., 5% pfd.
Atlantic Rayon Corp., common

Bank (Tatnaqua, Pa.)

First

Topeka

75c

Atlanta

40c

(quar.)

Corp.,

11-15

1

10c

(trreg.)..

preferred (quar.)
;
preferred (quar.)....

11-24

$1

70c

■

2nd

11-24

$2 '/a

fquar,)

Bank (Portland, Ore.)

(San Jose)

1st

1

12-

Belt

25c

....

com.,

1

50c

■ ■

1

12-15
12-

Chain

$1%

common.,

Astor Financial
Atchison

50c

12-

Name of Company--

8

$1.

;—.

12-1

12-

$1

.

Monthly.

Corp.,

7%

12-20

(12-31

11-

When

Per

of Re0

1

$1

Artloom

1-1-44

12-

$1

(quar.)^..^

12-31

•12-30

Payable

25c

Class B

First Nat'l Bank (Palm Beach)—
v

preferred

conv.

share

(interim)

Armstrong Rubber, class A

10-30

$3

V'

Company

common

12-44

$1

$lVa

Monthly

Co..

11-15

1-3-44

$i;

Tenn.) (quar.)—

Armstrong Cork

1-1-44

$2

First Nat'l Bank (Memphis,

Name of

12-21

12-30

$l'/a

(Chicago)

Bank

National

2

Monday, November 15, 1943

Wheni Holders

Per

of Rec

1-3-44

30c
40c

I

(quar.)

Fidelity-Philadelphia Trust Co. (quar.
Fifth Third Union Trust Co. (Cinn.) (quar.)
First Nat'l Bank (Cincinnati, O.) (quar.)—
First National Bank (Jersey City) (quar.)—

Drovers

,

1-

50c

Cep.tre.J-Nat'l Bank (Richmond, Va.) (quar.)
County Trust Co. of Maryland (annual)__x_

r

Pau'ble

Share

Name of Company

Boatmen's Nat'l Bank of St. Louis (quar.)__

Holderx

11-11

121

3

11-18

12-

3

11-13

w

1§M

t

}
H !;V^

m

■

I

Volume

THE COMMERCIAL & FINANCIAL CHRONICLE

Number 4229

158

Per

Name of

Elgin
Ely

Co

Payable

ER.,

$5 preferred (quar.)
Eversharp, Inc., 5% preferred
Ex-Cell-O Corp. (quar.)

L-

Fairbanks,
Extra

&

Morse

;

Co.

;

>

Brewing,

Extra

Bake

Shops,

Federal

Huston

11-15

12-15

11-30

12-15

11-20

$3 conv. pfd. (quar.)
(quar.)
Huttig Sash & Door, I'fo preferred (quar.)__
Illinois Iowa Power, 5r!o pfd. (accum.

12-

1

11-20

Illinois

Municipal Water,

1-

Zinc

Quarterly
Ingersoll-Rand

4-

$7

pfd. (accum.)

77o

preferred
Pitt

Fort

77<>

12-11

12-31

12-11
11-15*

International

1212-

6

International

10-15

Iron

20c

11-15

10-20

Island

12-

11-15

_

12-

10-30

Kingsburg

11-15

Kinney (G,

11-16

Klein; (D.

Knickerbocker

35c

12-

1

11-20

$1 (4

(quar.)——

12-

^

11-20

12-1

11-20

11-15

11-

Kresge

30c

Special

5

10-31

II-16

11-10

11-15

11-

1

25c

11-15

11-

5

I'M

II-15

11-

5

11-15

11-

5

12-

1

11-13

11-25

11-10

Acceptance Corp.,

pfd.

$1

(quar.).-

$1%
25c

-

Industries

General

Motors

—

(irregi)

Corp.

$5 preferred

30c

(quar.)——-

Paint

Class

General

■6%

Corp..

General Steel Castings,

General

Gimbel
Goebel

Stock

Golden

$1(4

11-15

11-

11-15

75c

11-23

11-

12-10

1-25

Co.

Co.

Mills,

5%;

Co.

((quar,)—

Leland

11-15

Life

50c

>12-15

12-

1

(s-ai—

62 Vic

1

12-

1

11-15

11-30

11-10

$1.80 prior pfd.

Link

(s-a)

90c

11-15

11-

11-15

11-

12-15

11-19

8c

12-15

10c

12-10

12-

25c

11-15

10-29

————_—75c

11-15

10-29

(N. Y.)

is-at____

.Extra-—————

(initial).—.——

Lakes Dredge & Dock

Great Lakes Paper

•

■

_

Great American Industries

<quar.)___

_

Liquid

1

(accum.)—.i-i-

75c

12-31

12-

Great Northern Ry., preferred
,i„
Greyhound Corp., common (quar.)j———
Extra
:

$1

12-13
12-21

25c

12-21

12-10

—

5V»'M

/preferred (quar.).

Griggs,

Western

1334C

12-21

(irregular).
$1 'A
—50c

Brewery

11-24

(quar.)
_

—

preferred

5(V>

preferred

Hajoca

Corp.,

6%
Hale

preferred
F.)

$1.50

12-

1

Cotton

Hamilton

Watch,

12-

1
1

10-30

12-

1

11-12

(quar.l______.

common

25c

12-20

(quar,)$1.121/a.

QrM

/.

11-10

12-

$lVb

pfd.

(quar.,)—

class A (quar.)

1-

12-

6'A

11-15

11-

50c

Hawaiian

Hecla

pl'd.

Co.

'

$1.25

G7b

25c

,

(quar. )_.L^___
(quar.)______

preferred
Corp.,

47r
preferred A
Heyvvood-Wakefield,

preferred

57"
all

.•

(quar.)-4—

57o

(accum.)

$1
;

—•

B

(quar.)

12-

11-15

11-15

11-30

11-19

12-31

12-21

Natomas

:

20c

$1,
32c

11-

9

Neiman-Marcus

11-

9

Neisner

E.)

Co.

20

1-3

Electrochemical

15c

11-26

12-14

1-28

1-18

i

$iya

11-18

11-15.

11-30

11-

11-15

10-30

11-15

5

10-30

Horn (A. C.)—

partic. preferred .(quar.)___
45c
I'M
non-cum.
prior prefeired (quar.)—83/4C
Horn & Hardart Co. (N. Y.),
pfd. (quar.)
$1.25

1'

12-

1

11-12

12-

1

11-12

12-

1

11-12

12-

1

11-12.

11-20

11-

6

12-

11-

$6

5

Fxt.ra

Ltd

Mead

$6

10-30

25C

12-17

11-15

iquar.)__

preferred

$1.25

12-

Bros/ Co,;

17,

1st

I'M

2nd

preferred (quar.)
(quarterly)™-—

6%

preferred

preferred

(quarterly)

$2

1-15
11-19

preferred

conv.

3

12-11

New

1'

1-15

50c

12-10

11-24

12-

1

11-

2

12-

1

11-

2

12-

1

11-

2

12-

1

11-

2

11-30

11-20

Zinc

York

Auction

York Mutual

York &

non-cum.

preferred

York

State

Hundred

Class

North

3

12-24

12-11

11-15

1

11-20

9-30
9-30

American

Common

5.10%

Electric

Railway,
div.)

com.

1

for

of

each

(subject to approval
preferred (quar.)

of

preferred

River

100

Insurance

Co.

$l3/4

11-15

11-15

11-

$1.62'/2

■

1-3-44

50c

$3

(quar.)_____
common

25c

11-15
1-

12-

3

1

shs.

held
1-

Northwestern

Telegraph

12-10

25c

+

pfd.

Moffat &

$1 Vz

AA

11-

2

5

50c

1-

1

12-25

12-10

11-15

12-

11-15

I'M

(quar.)_____,




11-19

12-15

,12-

1

11-13

12-30

12-15

11-15

10-30

$$134

12-

1

1-

3

11-26

25c

12-15

>11-13

25c

12-15

11-13

;

$1(8

Co.,

6%

preferred

1

(quar.i_^__™t;

1

11-

9

Farm

Equipment, common (irreg.)_.
& Quebec Ry. (s-a)___
lJ.
,i_.
Silknit, Ltd., 17c preferred (accum .)
Ontario Steel Products, Ltd., com. (interin i)

12-* 1

11-15

'i* $ 1.50

12-

11-17

.

$1( 4

..

•n-t$3

1

11-24

6

11-

1

11-15

11-

1

$25c

(quar.)

11-15

10-15

$S134

12-

11-

1

t$l

Ontario

preferred

12-

10-29

Vi. $1.75

—

Ontario

*"

S7

11-30

11-15

75c

pfd.

12-

11-15

25c

Co

12-

11-15

12-

11-15

4334c

(quar.)

12-

?55y2c

(quar.)

5\M'M

preferred—-r

11-15

10-15

12-

(quar.)________

common

11-~1

1-

11-

$1,079

12-10

$1^2

(quar.)—

37V2C
62VZC

Merchants Refrigerating Co., 7(*> preferredMercantile Stores. I'M
pfd. (quar.)

15c

..."

1

11-29

$1%

(quar.)—

Oris

35c

12-20

11-23

$1(4

12-20

11-23

Elevator, common (irreg.)__
preferred (quar.)
Ottawa Light Heat & Power Co., com.
5%

$$1.25

4.

Pacific
Pacific

11-23
11-15

5(2%

&

Atlantic

Gas

&

Telegraph

Electric,

1
1

11-15

Pacific

Lighting Corp.

10-30

Pacific

Western

12-15

Pacolet

11-

Parker-Wolverine

2

11-15

1

Mfg.

Oil

Merritt-Chapman & Scott—<•
6V2'y» preferred A (accum.)—
Metz Brewing, 10'M conv. pfd.
(resumed)

$1.75

11-15

10-30

Co.

pfd,

__

ib'8

30c

12-

1

11-15

11-15

10-31

10-30

12-

1

11-15

12-

6

•11-24

1-

25c
50c

55'/2

3

12-15
10-30

34 %c

11-15

10-30

11-15

10-30

75 c

Co.

10-20
12-

11-29

11-22

30c

—

12-21

40c

:㣥.

11-15

40c

(quar.)__

(quar.

preferred

2

11-15

(irreg.

Parkersburg Rig & Reel,
Common (year-end)

Pato

11-10

11-15

31 (4 c

<s-ai

(quar.)__.
-

common.—.______

_______

_____

11-10

11-

12-20

12-

2-1-44

$1%

1

37 (4 c

5%

67c preferred (quar.)_

12-

1

1-

11-19

$1(4

preferred (quar.

12-

1-

75c
50c

(year end)__

Paper, $5 preferred (accum.)
Pwauhau Sugar Plantations Co. (irreg. )__.

11-15
1-

$15c

( quar .)

preferred (quar.)______

Outboard Marine & Mfg.
Owens-Illinois Glass

Oxford

15c

11-10

12-10

12-16

3

'

$6

:

11-15

12-10

11-19

3

$25c

Ohio Power, 4(4%. preferred
(quar,)
River Sand Co., 7% pfd, (accum.)

7%

1

1-

$1%

pfd.

Ohio

Oliver

11-10

10-29

12-

12-10

Co.—

(accum.)

Extra

Okonite

11-19

7(4c

Oil

11-10

11-12
11-10

1

1-

C

$$1(4

•

Corp.. (quar.

class

11-26

15c

.)

O'Connor

5

12-15

11-23

,-.12-

$1.50

1__

3

11-15

1

12-15

$1 (4

(s-a)„___

Co,

12-

12-

20c

$1%

.)
(quar.

•

12-10

$1

_

87(4

11^

1

1

12-10

3

25c

Pharmacal Co

Nu-Enamel

3

25c

3

1-

Eancorporation

12-24

12-

$l>/8

3

1-

717a C

5

12-

i

11-22

__________

2V*%
is-at

12-10

SEC)_.

10-15

50c

$2.50

(quarterly).

11-15

Norwich

1

11-15

11-26

Gas

Northeastern Water & Elec., $4
pfd. (qu
Northern Empire
Mines Co. Ltd._____

50c

5

11-

12-15
12-10

75c

Northwest

5

11-15

$2

iquar.)____

Northwestern Public Service, 7%
6%
preferred (quar.)

11-

1

$$1

(quar.)

Pacific

the

11-20

10-30;

11-5

_____

common

sh.

11-17

11-

11-10

12-

Co.—

(stock

1

11-15

11-20

;

(initial)

5

11-15

11-10

pfd—

<quar.i__;

12-

25c

5

11-20

6%

North

j,'f 7}.

II-

1

$1(4

ZZZ

Gas,

12-

25c

(quar.)

&

Ry.

Norfolk & Western

1-15

,

11-19

12-

Corp.—

Southern

12-21

1-15

12-31
J

$1.25.

50C

12-21

12-

11-15
<

12-14

(quar.)

A

534%

3

$1.75

$1.27 (4c

11-20

11-20,

:

;

Elec.

Noranda Mines Ltd.

&

1-

■

$1(4

Nineteen

v

8

r«. f 11-15

i

Quarterly

Norfolk

11-25

75c

.

(quar.

Participating stock
New

11-^0

Shipbuilding Corp.—

12-31
1-

<s-a)

12-

25c

Co

Telegraph Co.

11-30

1

ts-a)

;

$1

50C.

Queens Elec. Lt. & Power Co.-r

50c

(quar.)

81(4

;

,

:

York

19.-15

Dock-

(irregular)

$1.50

(s-a)

Dry

(quar.)______

Co.

12-31

12-

J,

preferred

&

Founders shares

11-24

12-10

$25c

1

1

Shipbuilding

(accum.)

50c

Jersey

1-

25C

1

12-10

11-16

1

2-

pfd.

York Air Brake Co.

2-

50c

1

12-21

12-

11-30

12-10

5'M'

New
New

$5

20c

12-

12-21

12-4

11-15

12-11

$l»/4

12-

12-21

11-

12-15

1

News

6lM7c

Common

,

(Phila.)

cl. A

12-

Newport

3

$2

Meier

$1'.75

11-15

11-30

1-

$1

11-15

$1.75

11-30

12-15

(quar.)__Z

pfd.

Common

1

1

$1.50

11-20

12-15

25c

•

Howes

1

25c

li-

11-10

$25c

common

Co.

11-16

12-15

11-30

J12 (4 c

;__

17-

Frank

1

11-15

11-15

New

$1.10

preferred (s-a)
&

12-

10c

75c

New

(quar.)__

class A (quar.)

,

3

25c
series-

pfd. stock

$3 V4

New

25c

12-

87 (4 C

6

1

50c

Telephone,

<quar.

12-15

(accum.)___

11-10

$$1.11

preferred A

$1.75

(accum.)___

12-15

50c

20c

Razor

$5.50 preferred B
Meadville

1

11-18

1

preferred

25c

Stores

Corporation,

12-

12-

preferred

Clock,

$1

Robbins Inc.,

12-20

$1(4

lien

$1(4

(monthly)

Newspapers, 17
Porcupine Mines
&

$1(4

lien

11-30

(quar.)—_

common

(quar.)

McKesson

1

;

prior
Haven

1-1-44

•.

common....

Kaiser

12-

prior

$7
New

15c

.■

—__

!

Mclntyre
•

5Vc

non-cum,

11-

15c

Hegeler Zinc-r
preferred (accum.)

McClatchy

11-16

12-24

50c

1

75c

<quar.)_.

Department

17c

11*18

,13c

(quar.)_____—;—40c

1

12-

&

McEvven

-

___________

(George A.) & Co., common
preferred (quar.)

11-

$1.62(4

,

May

1

11-

1

75c

Corp., common (quar.)
preferred
iquar.)_

May

12-

10-15

11-15

12-

70c

.

registered (interim)

12-:X

11-15

12-20

$1(4

(irreg.)—

Massachusetts Plate Glass Insurance

Matt-iessen

12-10

Newberry (J. J.) Co., 5"M pfd. A (quar.)„__■.
New England Public Service Co.—

25c

Masoirte

20c

$2(4

12-. 1

Marconi Int'l Marine Communication Co., Ltd.

Il-^.ri<-10rl25*
12-,#
.1,1^19,
12-#
i.l-l9s

11-20

„_j_

(s-a)__

12-15

,11-30

,12-10,,';>11-10
ll-,j.&'.»t lit. 4
11 -45;I vl025,

12-15

25c

11-15

Ordinary

25c

20c

12-11

11-13

10-29

(accum.)

$l'/2

12-17*

11-12*

11-15

Nestle-Le Mur $2 cum. partic.

$2c

11-16

50c

______

12-14

11-3

11-24-

11-10

1

1-3-44

11-15

87c

1

3

11-30

$1

••

40C

(quar.)

Shirt

1212-

Neptune Meter Co., 87c

^

& Co.,

(I.)

Manhattan

11-11

11-29

—

preferred (quar.)

Magnin

11-24

$13 4

;

Sl'/4

6

11-15
'

11-12

15c

(quar.)

Extra

11-30

1-

1

-

1

12-14

Cement—

Repeating

5'A

11-15
11-

12-

25c

(quar.)_

com.

1

11-17

62 (4c

(quar.)____.

12-

$2

1^.14

12-11

$5

12-16

(quar.)

25c

Magazine

11-15

90c

1

Co._^

Extra

—30c

Co..

Inc.

Ohio

(monlhly)__

(quar.)__

Bros'.

11-10

ii-10

1

12-28

11."0

.11-15

15c

Co.

—

Series,

25c

1

11-19

12-

(quar.)™_.

Machinery

11-15

12-

11-13

1

■

1

Co., common

1

12-

(quar.)__i

(irregular)

Co.

1

—

11-15

pfd.

Corp.,

preferred

Corp.

Securities

12-

(quar.)

preferred

1

1

Rubber

12-

& Taylor, 6%
1st pfd. (quar.)__
Angeles Investment (resumed)_____

12-

1

National

25c

Co..._

Co.,

12-

$2

Gypsum Co., $4,/2 pfd. (quar.)
National Lead Co., I'M preferred A
tquar.)__
National

;

______________

11-15

$1.75

National

11-25

12-

Hormel

67

11-24

12-11

25c

31c

:___

—

Monthly
(Charles

12-15

Ogilvie Flour Mills,
Common (quar.)

clears

(payment

Monthly

67

75c
•

common

pfd.

arrears)

Hooker

$l»/2

:

(quar.)

I-Iibbard Spencer Bartlett &

Hires

Gas

1

$81'4C

Gas'(quar.)_

11-15

.'5dc'"TTl-l6

(year-end)—50c

(quar.)

(quar.)

Chemical

25c

$1.12(4

Chemical

Portland

Macmillan

12-

Cylinder

$50c

3

11-25

12-

;

National Erie, 57c non-cum. 1st
pfd.
27c non-cum. 2nd preferred (s-a)

11-

1

-1

pfd.

Heyden

National

12-

11-15

Conta ner

12-15

12-

$ll/8

(quar.)

(accum.

convertible

4

Lynch

11-15

Co.—

Hershey Chocolate Corp., com.
$4

National

:

Lord

6)2%

11-15

1

$lVa

conv.

Utilities

Powder Co.,

Hercules

5

v2c

1

12-

10c

i

<quar.)_„_
&

Glass'Co.

Mining

11-

1

V11-17

Ltd.—

common

Corp. (quar.)_.
Lynchburg & Abingdon Telegraph Co. (,s-a)
M. J. & M. M. Mining Consol. (increased s-ai
Mackintosh-Hemphill Co.

1

12-

(quar.)_—$1.25
Refractories,, commqn—25c

Pineapple Co. Ltd.

Hazel-Atlas

Casket,

$4

Lunkenheimer

11-15

12-

pfd.

Chemical, 4Vz'A

preferred

6%

$5

Co.,

Electric

National

(quarterly)—_—

Lumbermen's Insurance

1

10c

—

—________

preferred

Harshaw
Havana

3

12-15

8

50c

(quar.

I'M

$4

preferred

Extra

12-15

3

50c

Extra

Harbison-Walker

11-

(monthly)

Lukens Steel

4

75c

____________

A.i

1

<quar.)____

Louisiana Ice & Electric Co:. Inc.

J:5c

$22'/ac

(quar.)———I

(M.

12-

(quar.)_____________

Ltd...————

Extra

Hanna

Biscuit,

12-

12-

12-15

America—

National Bearings Metals

$3

(reduced)————______

Instrument,

B

National

(accum.)

participating preferred (quar.)
Participating
Loomis-Sayles Mutual Fund
Loomis-Sayles Second Fund (quarterly).

-

Class

3

11-15

30c

25c

50c

50c

Los

(quar.).—_

11-15

of

10-28

$1(4

A

(quar.)
National Auto Fibres 6% conv.

11-15

—

Star

; 11-19

National Acme Co.

30c

com.

11-20

12-10

75c

11-

Machine—

Inc.,

II-15

11-30

30c

Narragansett Racing Association (irreg.)
Nashville Chattanooga & St. Louis
Ry. Co-

1

(quar.)_

12-

prefeired

12-15

preferred

1

,

11-10

67i>

11-10

25c

b7o

6
6

11-20

$l3/4

12-20

*
■,

_____—...

1

Va 'M

12-

______—

11-15

Paper,

Hancock Oil Co.,

12-

1

11-

25c

25c

Co.,

preferred

8'M

11-15

12-20

25c

11-

11-15

6

Co.

1

11-25

SlVa

pfd.

$4

11-

1-3-44

1

25C

preferred (quar.)_

Chemical

$$134

65c

(irreg.l——

Hamilton

Hammond

Longhorn

(quar.25c

(quar.)..—.....u...—.

Stores

Hallnor Mines, Ltd.

4\'i(/c

Lone

2-14

11-12

'

Hainmermill

11-16

12-17

11-12

Printing ;<quar.(.—'

Brothers

Halle

1

1

.Extra

*

1

1

11-15

£12 (4 c

Common

3-

12-

Muskogee Co., 6%

Inc.,

12-

Extra

12-

11-26

Line

12-

$1(4

Manufacturing Corp., 17c pfd. (quar.)

i30c

(quar.)

Pipe, common

Extra

11-19
11-19

12-

4334C

12-10

$20c

(quar.)

Lock Joint

12-31

75c

—

(quar.).....

Munson

$1(4

•

B

1

common.—..—50c

Brothers

Hall KW.

(s-aj—•—

common

A

Mullins

11-15

5c

(quar.)

Extra

12-

; 34%c
34%c

(quar.

Hackensack Water,

.'I'M

12-10

50c

——

Griesedieck West. Brewery, 5 (4% pfd. < quar.)

1

12-10

25c

Special

Class

■12-14

12-

10-30

11-30

10c

(irreg.)__

——

12-10

12-28

_______

...

Cooper & Co.—

Oil

Gulf

&

11-20

10c
■

-

11-15

1-3-44

$1

ill.

10-30

1-14

Loblaw Groceterias Co.,
Extra

75c

11-20

1

,■

11-30

Mountain Fuel Supply (irregular)__________
Mountain Producers Corp. (s-a)
/,
Muskegon Motor Specialities—
$2 class A (quar.)
!

2-

(Va.)—-fy--.

11-15

12-15

$1 (4

12-30

$ 134

preferred

12-15

$31 (4 c

(quar.)_u___

12-14

9

3

$$i3/4

11-10

(quar.)

preferred A (quar.)
Little Miami RR. Co., special gtd.
Original
capital
(quar.)

1

11-15

Machine..

Mutual

Extra

12-10

$2 pfd, A

11-10

<quar.)_

67o
preferred (auar.)
Nanainio-Duncan Utilities,

Corp.,

1

12-15

(year-end)_____________

11-26

common

12-

t$ 1

12-24

(quar. )i__-,_—

Carbonic

&

Corp.

12-17

4V2'M

11-22

25c

Griesedieck

Co.,

Drill

11-

preferred (quar.)_____
Corp.

11-10

75c
;•

11-24

(quar.)_____—___—

Belt

6V2rM
Lionel

11-10

1

1-15-44

11-19

preferred (quar.)

Great American Indemnity

Twist

35c

5

16c

Wheel

Extra

5

$134

Finance Corp.

Motor

Extra'
B

1

12-

(quar.)

Society

1

(quar.)—

Lindsay Light &

50c

Morse
Motor

Liggett & Myers Tobacco, common (quar.)__
Class

•

1

10-30

50c

11-12

:

,———.

—_

11-

50c

11-

Industrial

1

i_;

1

11-10

12-

_•

1-

Extra

12-

Plan

10-30

_______

11-15

11-26

1

participating preferred (quar.)__.
(Win, R.) Dry Goods (quar.)_

Morris

8c

(quar.)

Corp.

$15c

—

1

'

Mines

Electric

Savers

1

12-

& Mortgage (quar.)___.._____
Moody's Investors Service—

11-15

_____

com.mon_.

50c

pfd.

pnor

Extra

Gold

Leitch

11-15

12-15

••

Union -Co., (initial)———:

Great

11-30

12-15

12-

Montreal Loan

11-15

Lehigh Portland Cement Co., 4% pfd. (quar.)
Leighton Industries, class A (irregular)

50c

Co

& Knight,

12-31

12-12

Co..

343/aC

$2

12-10

conv.

$2.50 preferred

1-10

3

&

$1.25
—w—

Quarterly

Graton

Leath

11-26

$2.25

12-

G.)

9

(s-a)

20C

preferred

conv.

11-15

12-

Moore

(s-a)

(R.

Tourneau

12-15

(quar.j__

pfd.

(year-end)

$1

——

Monotype

B

25c

(quar,)

preferred

$4V2

11-10

1-

$1.50

—

Granby Consol. Mining, Smelting & Power—
Grand

6 7o

11-24
...

Co.

$$1
50c

$2.25

50C

Lawyers Title Insurance

9

12-11

iquar.5c

iquar.i„

W.)

1

Le

15c

Bryant Inc.

Lanston

10-22

Corp.—.———25c

Gorham Mfg.
(H.

Langleys, Ltd., I'M
Lansing Company

$$1%

pfd. (quar.)_

preferred (quar.I

Gosnold

Lane-Wells

6

Electric Co.—

Telegraph

Cycle

Gossard

6

11-

11-22

Goodyear Tire & Rubber Co., common— ,.—4,.;
conv.

11-

41-22

common

Brewing

&

11-20

12-13

1

11-10

—______

(quar.)

11-20

(quar.)——$1.50

preferred

preferred

Lane

12-13

(accum.—

Brothers,

7%

11-

12-

5

11-

vZ

bVz'M

$1(4

Machine, common

1

50c

$6 pfd. (accum.)—

Water Gas &

1-10

11-15

v

,

11-

11-19

11-30

$1(4

(quar.)__

11-

$1(4

——

Wares, Ltd., 77o

preferred

preferred

50c

(quar.)

Steel

1

$3

11-20

12-17

(s-a)

11-20

—

Landis

11-12

3

1

11-15

?0c

(s-a)

common (quar.)_

Ltd.

Mines

A

50c

Lake Superior District Power, 5 7c pfd. <quar.)
of the Woods Milling, com. (interim)

I'M

12-

12-

$3.25

lnc

Society,

2c

Lake

5

12-15

6

11-20

Co.—

8c

Champagne Inc.

50c

Railway Signal, common (year end)

General

2-

Wines &

Shore

11-6
11-

<quar.)___:

11-15

$1(4

,

preferred

12-13

$1)4.

.

(special).—

common

A

11-

11-15

;

11-24

1

Chemical—

Common

,

25c

taccum.)_„__

——

Salle

Lake

10-25

11-15

Heater

11-24

12-10
12-

$1

(quar.)—______

2nd preferred

l^- 2

12-10

$1.06

Implement

25c

Baking,

&

preferred

12-12

$1

Montreal Cottons, Ltd., common
I'M. preferred (quar.)__

11-15

(quar.)__

Extra
La

1

11-15

common....

—

11-15
11-15

50c

(accum.)

Mills

preferred C

11-15

(irreg.)

;—_______—__—

1st

Kysor

5c

Co.___——

Kroger Grocery

11-10

11-15

50c

common-———L—

General Outdoor Advertising, 6 % pfd. (quar.)

General

11-25

40c
10c

Corp., common (quar.)

S.)

Power

$2.90

(irregular)

11-15

12-15

50c

Carpet

$1(4

preferred (quar.)___

_____—

(S.

67o

$1 (4

(quar.)_

Company

Extra

11-20

Y>( 10c

___

——-—___

.

$2(4c

Co.——________—:_i\)

Fund

12-15

12-15

(quar.

Mitchell

11-25

Oil,

12-27

50c

Mohawk

Loan

5

11-20

1

1-

4C

1

11-29

$5 prior pfd.

R.),

11-

12-15

7(4c

12-31

12-

Cotton
Emil)

Koering

50c

___—

1

$2

—

Cigar Co., 1% pfd. (quar.)—.
General Finance Corp., 5'fa pfd. A (s-a)
67c preferred B (s-al
:———.—____

7%

1

1

12-

1-

12-20

(irreg.)—

87 (4 c

12-

12-15

1

$3

(quar.)___k-_»_ui—-1;

preferred

(irregular)

11-25

12-15

3

30c

11-30

75c

25c

3

1-

12-

(s-a>___

3

■

$1(4

50c

I-

$1

Service_/.____u____„_,.u____
(Robert) Co., Ltd..

$4

series S-l

$1.50

$1.75

(year end)

$4Va

(quar.)—_______

B-l

12-15

Public

11-10

$6 partic. preferred A (quar.)__

50c

.

~

12-31

Corp.

11-18

Trecker Corp.

■

—

Missouri

30c

c

______

—

General

■*

Series

5

1

(irregular)___

Utilities, 7% junior pfd. (quar.)__

Kentucky

11-

1

Keystone Custodian Fund,
V:

Mission

1

12-

Kearney &

11-15

10-30

12-

12-

&

12-15

3

37 (4 c

preferred

30c

11-15

ir.
l-'

conv.

75c

1

Kendall Co.,

B

preferred C

11-30

50c

_—

(Jul.us)

3

i

Minneapolis-Moline

(quar.)—_____

12-

1-

11-12

Co._____—__—_______

Kayser

12-

1

preferred

11-15

$14

12-

$4'/2

1

11-

prior preferred._________

preferred

Monroe

12-

$1%

———

47c

Monsanto

Kable Brothers Co., 6'M

5

4147o

8

12-10

11-15

i-

11-20
11-

11-15

11-20

11-15

$1.50
$1.50

■

11-10

1

1-15

$1

1

1

1

(quar.)

3

12-

25c

1

$1.50

1

Mills, 5'M pfd. (quarterly)Battery Co. Inc., common (quar.)___

W.

Hart,

1-

M'nes Ltd.

Mountain

Extra

&

Common

12-

common

12-

(extra)

$$5

Fireman Mfg.,

25c

(s-a)__

50c

12-

$1%

.

Machine, common-

K.

12-20

Miller

11-16

1

50c

Jantzen Knitting

12-30

■.

12-

$l3/4

(quar.)__

pfd.

I'M

Corp.

11-20

(quar.)__

com.

(s-a)

$$1.75

Silver

10-15

11-15

1

12-31

12-

(quar.j_

Co.

Co.

(accum.u

Products

11-15

$1V2
$1%

(quar.)———

Co.,

Canada

Oil

i8'Mpreferred
8'M
preferred

(quar.)_______—_________

preferred

International

$1

conv.

$5

I'M'-

4

12-21

Power

50c

pfd. (quar.).——,

Midwest

$6'/2

International Ocean Telegraph

12-15

9-24

7

11-20

l

preferred

$1

_______

12-31

25c
25c

(paym't clears all arrears)

General

Shares

25c;

1

12-

1

12-

Middle West Corp.
(irregular).
Midland Grocery Co., 67v

1*

of Rec.

12-

81 (4 c

preferred (quarterly)u____
junior preferred (quarterly)
preferred series 1940 (quarterly)

$1(4

of

12-

11-

Holders

.__v

(.quar.)

Extra

is-a).._
7% pfd. (quar.)_—

(quar.)—10c

Foods

3%
$10c

______

Nickel Co.

Society

Industries

10-21

11-15

Payable

10c

17c preferred (quarterly).
Mid-Continent Petroleum Corp..,.

Ltd.—

Harvester,

Mfg. Co.

General

(year-end)

International

preferred (quar.)—-.,—————
37 (4c
preferred <quar.)___„_35c

$1 (2

Gold

Institutional Securities,
International

Bridge

General

$6

Inland

3-11

Company

Wood

$3

12-15

12-15

preferred (quar.)——;

Gandy

$1(4

5'

When

share

Company

common__u.______i___.__

Michigan Public Service Co.,

$1(4

1

_______

Gellman

11-

——•—_

1

Fulton Market Cold Storage 8% pfd. (accum.)

Gar

1
1

Corp.,

$3x/4 partic. preferred

Assoc.—

1-

(quar.)
Fruehauf Trailer Co., common

Gamewell

Loan

"4-

Frecport Sulphur
5%

12-20

12-

Co._

Aviation Group

Textile

Minneapolis-Honeywell Regulator Co.—

$2.50

Bridge Works—
County Distilling Co

Franklin

Steel

Welfare

75c

tquar.i

12-30

'

1

—

5

12-

—

'

I-

Wheeler—A,

Foster

Public

12-11

12-20

$ 1 '/a

5

11-

$134

—______

S2.50

(quar.)—____

11-

11-15

40c

(final)

3-18

(Newark, N. J.) (s-a)—

&

shares

11-15

—____

1145

92 Vic

:

—

1

(quar.)—

A

—

11-29

.

Gear

Ordinary

Co.

15c

$1(4

9

Metal

Imperial Chemical Industries, Ltd.—

Indianapolis

3c

11-30

25c

(quar.)__

Illinois

11-15

(M. H.) Co. Inc. iquar.)__
15c
Fits'. Simons & Connell Dredge & Dock (quar.) ..
25c
Florida Power, 7.'A preferred
(quar.i—87(4c
Bros.

pfd.

12-20
12-10

11-29

——

7'M. preferred

6'/o

3

Imperial Tobacco of Canada—
Ordinary
(interim)

—

12-10

75c

—

12-22

Fishman

Foote

(Tom) Peanut,

Common

11-15

1——

Pawners

12-14

1

11-10

common

£

State

3

11-20

6'M

(quar.15c

Firestone Tire & Rubber 6'M
First

1-

12-

12-10

lie

(quar.)

11-10

(s-a)

Firemen's Insurance

6'<7

preferred

1

Light & Traction, $0 pfd. (quar.)—-

Extra

11-16

67o

1

Ferro Enamel Corp. (year end)__—._
Fire Association of Philadelphia (s-a).
•

1

12-14

1

Federal-Mogul Corp.

■

12-

12-14

12-

:

Co._

preferred

$1(4

3

,———j__.—50c

Quarterly

5 %

Hummell-Ross Fibre Corp.—

30c

...

3

12-

____

Federal

6'b

12-

————

Rubber

11-16

$1

preferred (s-a)
F.ansteel Metallurgical, $5 pfd. (quar.)____
Farmers & traders Life Insurance Co. (quar,)
Faultless

1

_____

50c

___•—

common

___.

11-

12-

Car__

1-

25c
■■

6%

12-13

IOC

Motor

I-

$1.25
25c
65c

(Quar.)______

_

Fajardo Sugar (quar.)—
Falstaff

t$l

Hudson

50c

,_V—

Name of

11-20

50c

(quar.)._^^—-

,,

per

of Rec.

1

12-

interest—jut;

beneficial

of

Holders

11-13

11-24

common___________________..—•—;

Payable

1981

Lighting & Power Co. (monthly)
Howey Gold Mines, Ltd. (interim)
Hudson Bay Mining & Smelling Co., Ltd.„__

25c

(quar. )_______—,

share

Name of Company

When

Houston

11-27

$1
Engineers Public Service, $5 pfd. (quar.)—
$1 'A
$5>/a preferred (quar.)—
—$1%
$6 preferred (quar.)——
$1(4
Equity Corp., $3 conv. pfd. (accum.)____—75c
Certificates

Per

of Rec,

12-13

Empire & Bay States Telegraph—
4%
gtd. (quar.—___________

Erie

Holder$

$1.25

_

Walker Dry Goods

&

share

Company

Watch

National

When

(quar,)it_„^^,.

3

25c

,32-

1

11-20

25c

12-

1

11-20

$1.37(4

12-

1

11-20

12- 3

11-12

__

..

—

Consol. Gold Dredging. Ltd .(interim)

3

—

—

$15c

THE COMMERCIAL & FINANCIAL CHRONICLE

1982

Per

When

thare

Payable

...

Name of Company
Paton

.

Holdert
Name 0! Comyanv

'.' <4>.

12-15

11-30

preferred .• (quar.m_.u_..-.~~-._——.2.
Paymaster Consolidated Mines, Ltd. (interim)
tic
Pen body Con!, 6 to preferred < accum*$3
Peerless Casualty,."5%' preferred (s-ft.«7
$3

12-15

11-30

1-10

12-10

12-10

11-2

12-31

12-20

Peerless

11-15

partic. .preferred (quar.)..:
Southern Railway Co., 5% non-cum.

10-30

Southern

VM

(quar.)

common

______

•

Cement

Corp.,

25c

Peninsular Grinding

Wheel (irregular)-—,—!;
Telephone, common (quar.)...
class A (quar.).:.

Peninsular

$1.40

cumulative

$1.40

class

A

Southern California Plastic

Southern Canada Power
Common
•

.

..

■

11-15

12-15

of

Arkansas

11- 5

of

common

2-5-44

11-15

Stock dividend

10-15

12-

1

50c

12-10

11-20

15c

11-15

(quar. >•

Petroleum Corp. of Amer. (irreg.)—
Pfaudler Co., 6% preferred <quar.t____—Pfeiffer

Brewing :._._7!u!.,,!.——■

Phelps Dodge
Philadelphia

Water,

(

11-

12-

Water

11-

1

12-1

12-

40c

12-

1

12-31

—

Gas

Oil

.

2','2%

for

Co.

(New

ii-l?"
;

11-127
12-15-

1

'■1-15

75C

12- 1

11-15

$13

11-30

11-15

32 l4c

11-30

'712- 1

11-15-

$2.50

12-

11—15*-

2-

6714 c

(s-a);!

7'

mon

/7:5%
'

1

11-25

5 %

preferred! (quar.)
preferred (s-a)

.

Welch

1

ownership of comstock', (irrcgular»

Juice

Grape

Co.,

common

25c

12-15

11-15
11-15

12-157

11-15

Went worth Mfg. Co., SI conv.

12-15-

11-15

12-15

11-15

11-15

11-30

11-15
2-14-44

$1.75 ,8-31-44

8-15-44

$1.75

5-15-44"

Wesson Oil & Snowdrift Co.—

50c

12-10

11-15

2-29-44
$1.75 5-31-44

.....

12-15

1

SI.75

::

7% preferred (quar.
!y:: 7% preferred (quar.(7
j
4
7% preferred, (quar,V_.^4-7..a^.7...7!....._
7% prefeu-ed (quar.

50c

(s-a).!l2_i

Jersey)

'

'

25C

pfd. (quar.).—

11-15

11-

12-

11-15;

1

'

$4 convertible preferred

(1 sh. Consolidated Natural

each

10 shs, held)
.4.__
Standard Wholesale Phosphate &; Acid Works
Quarterly ...4—+— ...!444!U
Stanley Works, 5% preferred (quar.)-.4!:._.
Stecher-Traung Lithograph Corp.—

11-30

12-15

12-29

$1.25

class A

25C

7

12-15 ;

tsi

(NorthanVi • Corp,,: $3 pfd, (quar,)..

25c

■;-7.

(quar.)—....

11-15*

11-15/

•

Stock dividend

10-14

6

77 65c

(.year-end)

Standard Stoker Co.

'■*

■>'."'7:

11-20

12-15

11-10

12-11

Partic. units' beneficial

11-15

7-

5

12-

(5c

5

1

Standard

11-10

7'.

11-

12-15

Extra44.!+4.i.i44..47_4-_4U-4—^!4-!iU:

11-19

25c

17

12-

55c

11-11

1

12-

11-15

40c

11-24

'

12-15

30c

Washington Railway/ & Electric Cou'ilrreg.) 7:

11-29

12-15 7

11-15:■

12-10

:1:25c

preferred' (s-a

Warren Bros. Co., $1.35

40C

(Indiana)

Co., 6%

of Rec.

1

Ltd.—

Warren

7

California

Wotts,

12- 4

$1.1214

11-11

12-

1-

.

(quar.)...
:
Cap & Seal, $1.60 pfd. (quar.)
Standard Dredging Corp., $1.60 pfd.
(quar.)

11-25

12-

j'7'

preferred

Co.

50c

1-14)

11-23

Oil

&

12-15

11-25

Standard

Gooderhum

■

12- 4

11-5

(H.)

Walworth

12-15

$4.50

11- 8

1

35c

•

_

11-

25C

of

12-

interim!

(Dallas)^

12-

Amulet

(quar.);1!_-——...
preferred (quar.)—...

$1
11-15

a..,

Payable

15c

(reduced).y4,.7^^.-,-!.

Holder $

When

7

share

Common
'

sh.

6214c

Oil

12-1

20c

each

;:'777,7

;

,

11-15

..—a

Standard

12-10

12-15

Name of Company

Mines.;(interim)!^;:_77i..7.U 7I *200
Walgreen Co., common (quar,i.^_„__.__...^' '77' ' 40c
4 Va.% : preferred:(quar-) 7-i!!~7-7-' $1.12 Va

stk.

com.

011

(initial quar.)..:

11-20

12-1

12-20

I;',,

Manufacturing

Waite

Walker

Standard

5

11-20

1-15

5

(quar.)__

Standard Brands

1

12-

1-20

$1.25

Co.

6

11-

■

2-15

V--' 7: ."7

Vogt

10-20

t$lVa'

pfd.—

held)

(quar.)
Standard Accident Insur, (Detroit)

11-30

1

11-15

$1.75

- ■■

Stamford

1

/!/;' SI'a

6%
preferred (quar.)_'
—:
Phillips Petroleum Co. (quar.)
Phoenix Hosiery Co., 7% pfd. (accum.)
Pillsbury Flour Mills Co
.7

Pickle Crow Gold Mines

11-

12-

25c
30c;
iV

common.—.

Pinchin, Johnson & Co., Ltd.—
Ordinary shares' (interim)

11-1

1

12-1

11-

11-15

Sparks-Withington Co.—
:,
/
'
6% convertible preferred (qitar.)..^.^... •k si12
Spartan Mills (quar.)
-4_—i.; 77':.: $2
Spiegel, Inc., $4)4 conv. pfd. (quar.
$114

11-30

12-10

Corp'._!:;;_7_«.+_.40c
Suburban

new

Gas

11-25

$20c

"-■■''•7;'!":

.

.

Si "a

Pharis Tire & Rubber————-.;———/

(1/10 sh! of
Western

:

■

Life Insurance Co.

Southwestern

11-19

Peter

'7

•'

of Rec

$20C

:

Per

Holdert

Payable

1!4C
:
:

Gas—

I-1-44

common (quarterly)
'
$75c
Pennsylvania Bankshares & Securities Corp.
:
$2.50 preferred caecum..
$1
Pennsylvania Electric Co.—
V-1
4.40% preferred class B (initial)
$1.10
5.10% preferred class A <quar.)c—. $1.27%
Peoples Telephone Corp., 4!1>%' pfd, (irreg.)
$1
Peppered Mfg. Co.-,-.*!.!—S2(a
Perkins Machine & Gear, 7% pfd. <quar.!__ •$134

Inc.

Union

50c

(quar.)

10-26

(initial).!.'!:.!..—

•

20c

Pennmans Ltd.,

Paul

6%

1 hare

(quarterly)

(quar.)

II-15
35c
35c 2-15-44

cumulative

When

per

of Rec.

$$1

Mfg. Co.,

Monday, November 15, 1943/

12-15•

'50c

——

West Indies Siigar,

'11-15

12- 1

West

11-18

:

•

60c

12-15

12-

3114C

11-15

10-30

>

2

(quar.)i77.7'.77!7;

(Irregular)

common

'"7- $1

:

7%

12- 6

12-

11-15*

',.77'

$1.75

West Penn Electric,

12-16

250

■

— _

Michigan Steel Foundry—.
,7.'7;
convertible preferred (quarterly)

I

4334c

6%tpreferred (quarjuU

I,

SlVa

11-15

10-19

$13A

11-15

10-19

$114

11-15

11-

25c

preferred. /Quarterly

12-1

11-20-

11-20

11-

1*

11-15

11-

5

.

Pioneer Securities Corp* (Los Angeles)—SI
Piper Aircraft, 60c conv.-pfd. (quar.)
—
15c

12-

1

11-15

12-

1

11-15

Pitney-Bowes Postage Meter Co., com. (quar.).

11-20

Extra)1

'

——r,-;-.•>;^

Pittsburgh Bessemer & Lake Erie RR.— v-d
'6% 'preferred-1

SIV2

class

A

preference

$1.50

51-2%

■■

$l34 '.

12-

1

12-

1

6%

non-cum.

6%

1st preferred (quar.)

Public

(quar.)—!

———

$75c

(accum.)

12-20
;

11-15

12-15

11-15

12-15

12-15

11-15

(quar.)—

(quarterly)
(quarterly)

quarterly)

11-29

Texas

11-15

Thatcher Mfg. Co., $3.60 preferred

St. Louis Bridge, G% 1st preferred
3rIo 2nd preferred (s-a)

8%

debenture

_

7)4%
7%

debenture B

1

Toburn
Toronto

11-30
11-29

Truax-Traer

11-26

11-10

25c

11-30
11-15

10-25

Union

11-15

10-25

United

United Biscuit Co.

12-15

12-

12-

1

11-20

12-

1

11-12

12-

1

11-12

11-15

11- 5

12-

1

11-15

12-

1

11-13

2nd

11-10

1

12-31

12-15

11-18

11-

8

I-

3'

1-

3

12-10

1-

3

*12-10

12-10

I-3

12-10

11-16

11-10

20c

11-15

11-

5

11-15

11-

5

20c

11-15

11-

5

12-14

11-19

12-

1

11-15

75c

12-10

12-10

11-12

$1)4

12-

1

12-

1

11-

11-24

12-15
12-

1

11-10

11-25

"

10-25

7%

12-

1

11-15

$5

12-15

11-23

6.4%

11-15

10-15

12-15

11-12

11-

S.

$5

——

preferred A (quar.)—

6.4%

preferred A

(quar.)

6.4%

preferred A

— ———

(quar.)..

———————

—

10c

(quar.)
;
preferred B (quar.).._„„

Southern California
Water, 5% pfd.
6% preferred (quar.)—

11-24

11-15
.

6%

11-15

12-

1

11-15

12-

1

'11-15

3-

1

2-15

3-

1

2-15

12-

1

11-15




(quar.).-—
(interim)—
Light—

preferred

(quar.).—

1

Common

—

.....

conv.

Van

11-15

10-20

12-15

11-20

314c

12-

1

preferred (accum.)..

Vanadium-Alloys Steel Co.—...

11-15

37lie

12-

l

11-15

(quar,)..

——

(quar.).:

$114

11-18

11-

13714 c

ton .account

10-15
11-

7 $1.75

7 11-16

in

S%

.11-5

12-

5814 c

12- 1

11-15

53c

12-

1

preferred

(quar.)

—

H-20;
11-10

50c

12-15

11-20,

SlH

—

X- 1

.712- 4.

11-10'

of accumulated

,

.

.

12-15

.

:

,

dividend.

dividends.

12-

4'

7; 7:.:;'7-7s

>

',i

:

':-!7':

Canadian runds, tax deductible at the source.
Non¬
15% t; resident tax, >7%.
a Less British income-tax.
/ >
,

12-

1

11-15

1- 3

12-15

1- 3

12-15

Reserve Banks Combined

11-15

50c

58 Vac

7

1

'..12.-, 1

conunon.

1

11-

8

(In thousands of

7:7

1

12-

5

.$314

7

'12-

Statement of Condition of the i 2 Federal

8

11-15

11-16

7/

50c

11-16

50c

v7

7

53c
50C

1-3
1-3-44

"

4-1-44

Assets—

Redemption iund—Fi R, notes
Other

12-15

.V7::

Increase

Nov. 10743

7:

y

-128,399

or

Decrease since

Nov,3743

19,804,715
(

19.831.713
7

114.884

7-1-44

12-15

12-

Bills discounted:'!''■

11-

14,003
>- 231,862

20,233,623

2214 c

12r

-

20,261,317

'20,808,480

22.380

38,625

7;:.

by U. S. Gov't obli.7,7. gations, direct & guarant'd

4

1-10

20,562,015

314,718

-Secured

4

12-18

714%:

Nov.11/42

300,509

cash

Total reserves:

12-17

>

dollars)

7.

Gold certificates on hand and
due from U. S. Treasury

3-15-44
6-15-44

Other

bills

discounted—

5,460

■.-V..'..;;!;,,......-!,!

5,000..

12-20

1

12-29

12-23

2c

11-15

Total bills discounted

11-16

50C

10-30

22,380

U,

s.

and

38,625

10.460

11,577

Industrial advances

11,751

15,396

Govt,

securities, direct
guaranteed: ! 71 : 7 7;
,

75C

12-

11-19

BondS"'

50c

12-15'

11-12

Notes''...„7_—

50c

1-15

12-10

Certificates

50c

5-15

$1V4

1-

30c

1

1

4-10

10-31
11-30*

1-

50c

1

12-17

1,565,561

1,557.753

2,216,460

688,400

688.400

1,328,442

1,694,200

1,591.059

672,466

5,916,793

5,638,644

440,571

9,864.944

9,475.847

4,657,939

9,898,901

9,526,223

4,683,795

7
.1—.

Bills

10-31

11-15

12-20:

50C

.7—

11-12

11-15
:

Total U. S, Govt.

direct and

Securities,
guaranteed—

Total bills and securities

12-16

Due

banks—

136

12-

136

47

P. R. notes of other banks—

69,404

68,339

1,554.346

1,604.614

42,743
1,279,737

3

from

foreign

12-17

12-3

Uncollected items

$1

12-20

11-19

Bank

premises

$1.75

38,375

11-20

10-29

38,374

Other

assets 7

$1.25

61,720

1-15-44

60,283

40,147
69,094

$1.25

4-15-44

31,856,505

3L559,286

26,924,043

15,918,225

15,759,852

11,379,876

12,198,177

12,068,938

12,492,747

334.386

233.675

$1.25 7-15-44
40c

1-

3*

4-

3*

Total

7-3*

12-10

40c

3-10-44

2-25*

40c

6-10-44
12- 3

11-15.7

$H4

12- 1

F. R. notes in act. circulation.

Deposits;^

11-20

25c

5-25*

75c

11-

12-

12-24

12- 7

11-27

$1

11-24

11-10

12-20

12-10

12-

11-12

$1.75
50c

2

12-10
12-

1

$1

11-15
2-1-44

12-

Other

4

1-15

37V20
——

369,026

1,348,971

1,299.815

914,157

367.973

476,901

14,283,1G4
1,222,217

14,071,112

7,781

7,428

14,117,480
1,039,064
5,639

31,431,387

31,134,379

26,542,059

150,343

150.358

145,402

3 60.411

157,502

366,990

—....

availability Items....

liabs., incl,accr'd. divs...

Total liabilities

—

Capital AccountsCapital paid in..;
Surplus (Section 7).——.—
Surplus (Section 13b)
—
Otbet capital accounts
...

7

1,295.987

160.411

26,829

26,829

26,781

87,535

87.309

52,299

31,856,505

31,559,286

26,924,043

1

11-15

11-

Other

Deferred

12-27

1-3-44

•-

Total deposits

1

1-1-44

7 ;7.-.:

■

Foreign

5

62V2C

,

^; ?'U. S. Treasurer—gen, accts.*

11-15

1

■

Member bank— reserve acct—

..

11-20

:

assets

tiabhities—

11-26*

37%c

Virginian Ry,,. 6% preferred (quar.)—
6% preferred (quar.)
6%

1-20
3-20;

11-10

$1

7% preferred
(quar.)

Virginia Coal & Iron

11-20s

2-1
4- ,1

11-16

12-1

45c

(year end)

Co.

11-10^

1

15C

Jamaica Income tax.

resident tax,

1
....

—

Valspar Corp., $4
Norman

1

12-

500

Less 30%

$ Payable

.

11-15

$1

....

Knitting Co.—
5% prior preferred (quar.)—..

Vick Chemical Co.

37)ac

—

1

12-

Utica

37lie

37!ic

(quar.).

i

12-

75c
:

12-

25C

$114

12-

11-30

12-

40c

:

(special)

♦Transfer books not closed for this

11-13

75c

7.12- 1.

50c

1.^

Quarterly-

x

11-15

12- 5

Upper Canada Mines,

&

V

11-19

11-30

50c

(Irreg.)L

Co.

Towne Mfg.'Co.

10-30

12-1

11-27

12-

11-15

Vapor Car Heating,

Common

11-15

6274c

10-30

Ltd.

3

40C

(monthly!.—

Quarterly

8

50c

12-23

3714c

(quar.

5(4% '.preferred. A (quar.

10-30

$2 Vac

Co

11-24

Upper Michigan Power

12-

Zlon's Cooperative Mercantile Institutions-

1

11-30

$iys

...

/'

4

12-

12-15

12J4c

—

(quar.).—

12-

Universal Consolidated Oil

1

'25c

11-30

12-15:

11-10

25c

—

11-10

32-12

11-20

$1V2
—

11-15
12-10

1

11-15

1*

3% '

•Youngstown Sheet & Tube,

11-22

II-26

5c

Lines, com. (quar.)

11-

12- 1

$114

'

..

1

11-15
;

12-

Universal Insurance Co,
(quar.)————
Universal Laboratories, common

410c
—

...

(F. W.)

Wurlitsser'(Rudolph)
Yale &

1

15c

—...

United

50c

—.u—......

11-

Stockyards Corp. (year-end).
United Wallpaper Factories—
6% prior preferred (quar.).

9

12-

$2

Corp., common
preferred (quar.)—
:
Sugar Corp., $5 preferred (quar.)
preferred (quar.).
—4
preferred (quar)

11-12

U.

(year-end)—.

S. Steel

10-30

12-15

50c

U.

12-22

75c

87J4c

11-15

50c

Co., common
preferred ——

5

1- 2

5;

■

11-25

!5o.—

—....

—_^;,v

12* 7

$214

(quar.)

Rubber

II-15

1114c
,

10-30

50C

(quar.)

——

S.

11-

50c«

10-22

11-12

$114

S.

8%

11-15

•

—

Quarterly
S. Playing Card

11-

■■■

11-20

11-22

10c

11-24

25c

,

12-10

$114

& Foundry

_L_.

(quar.)

11-19

$114

*

Co., ordinary (interim)—

pipe

11-15

11-15

25c

(quar.)—

Wrlgley (Wm!), Jr.

•

RR. & Canal

12-11

1

25c

11-12

12- 4.-:

75C

———

(quar.)

Molasses

United States

U.

12-15

$22c

12-1

11-

,

—

Casualty Co., 45c conv. pfd..(S-a).—4
U. S. Cold Storage Corp.—
4% partic. preferred (quarterly)...
U. S. Elec. Light & Power Shares, series B_
U. S. Hoffman Machinery, common
(irreg,).
U. S. Leather Co.* conv. partic. class A
(irreg.)
Convertible partic. class A (irreg.)—;
Convertible partic. class A (irreg.)____——
7%
prior' preference (quar.)
U. S. Loan Society (s-a)

U.

22c

(quar,).....

U.

1

Southern California Edison6%

Common

United

11-15

J20c

(interim).—

10c

Co....—

(quar.)

preferred (quar.)
%: preferred (quar.)

12-1lj

l-'l

■

12-

SI;

:

11-24

11-15

$3

11-12

$1)4

(accum.)—■—

12- 1

3.1-15

...

& Mfrs.—

Merchants

Ltd,

Wool worth

1-17

10-30

$114:
—1—

United

preferred (quar.)

11-13

1

15c

conv. pfd,(quar.)
America, common

5 %

$1.75

iquar.)__

'

50c

—

2-

11-15'

25c

pfd. (quar.)____
United Cigar-Whelan Stores, $5 pfd. (assum,)'
United Corps. Ltd., class A (quar.)—4...

1

$134

—

12-6
•

•$114

United

10-26

11-20

-1-" 1

(F. W.!, Ltd.—
6% preferred regis,

11-13

iic

'V7

12-

11-

11-26

,

t$l

(quar.

12-15

11-15

12- 6

$1%

12-23

11-15

12-11'

SI 34

*25C

Wilsil.

Woodward Governor Co.

20c

12-15

1

11-12'

712-27

preferred (quar. >—-_7___...__

11-10

$1.75

11-10

12-

12-10

$1

v

pfd. (quar.)..

Co., common

11-10

'

(quar.)

Co._——
of

11-10 *

1

50c

(o.uar.F

7%

1

30e

Aircraft Corp., 5%

7 5%. preferred (quar.)
United Chemicals, Inc.,

31-26

12-

Mfg. Co. <year-end(„

1'

13c

:

12-15

11-15
11-15

$1

(quar.).—,

preferred

Car

Co.,

12-

$114

11-15

1

1

$ls'8

(quar.)

Corp.

Tank

(Wm.)

12-

1214 c

12-23

1212-

50c

(quar.)—

1

+66c

Engineering <fe Foundry Co., com...
7% preferred (quar.)
_:..L
United Gas Corp., $7 pfd. (accum.
United Light & Railways Co. (Del.)—
7%. prior preferred (monthly)—————
6.36% preferred (monthly)
6% prior preferred (monthly)
7% prior preferred (monthly).——a__—
6.36% preferred (monthly)
6% preferred (monthly)
:

50c

Southeastern Greyhound
Extra
_*
Extra

4

$174

—

Pulp, common (quar.)
6% (quar.)
South Bend Lathe Works
(irreg.).

Common

11-10

5

—

12-

75c

•

$3

......

(quar.)..

Soundview

6%

1

United N. J.

Solventol Chemical Products
(irreg.)

Sonotone

5

11-

1

5%

—

Aircraft

11-

12-

35c

Skelly Oil Co.
Sivyer Steel Castings Co. (quar.)
Smith Alsop Paint & Varnish Co.—
Solar

11-15

Coal, common
5(4% preferred (quar.)—
Union Bag & Paper (irreg.)—
Union Electric (Mo.), $4 V4 pfd.
$5 preferred (quar.)_
^

35c

37)4c

12-15

50c

ist preferred

12-15

$ll/2
—

1
1

5C

$6

12-10

35c

7—

12-20

'

—

25c

(s-a)

1212-

$214

Mines, Ltd.—
Elevators, Ltd., common (interim)..

12-10

$1.05

(year end)

Mines

Gold

(quar.).
Trinity Universal Insurance (Dallas)
Troy & Greenbush RR. (s-a)...

Sherritt Gordon Mines (interim).:
f3c
Sherwin-Williams Co^ common (quar.)—75c
5% preferred AAA (quar.)
SlV*
Simonas Saw & Steel
_l.—j!__...
60c
Sinclair Oil Corp. (quar.).
•..u—
12y2c

preferred

12-15

Whitman

(quar.)

(quar/'__..u7.'.77y7i.77._A-.:

20c

11-15

12-15

12-21

62)4c

Servcl, Inc. (quar.)...^^..,
Shawinigan Water <b Power (quar.).1

7%

12- 1
12-21

15c

———

Gold

5

12-10

Paper, common

;;7' 7% preferred,

1

7 12-35

90C

5)4% preferred (quar.)——
Trane Company, common.

12VaC
37)40

.11-30

Instrument..

10c

7

(quar.)—...

11-16

$2

Shops

Siscoe

Co.

11-18

15c

.

:

(quar.)

Serrick Corp., class A
Class B

Oil

11-19

Co.—

.....

Associated

1

37'20

......

Extra
;
Seattle Gas, $5 1st
preferred
Secord (Laura)' Candy

Water

9

.+$1)4

.

$2 partic. preferred (quar.)—■*«-„
Scotten Dillon Co.

Sears, Roebuck

Tide

12-

+15c

Schenley Distillers Corp.
Schumacher Wall Board,
com«HBl ^quar.)__

Scranton Lace Co.
Scullin Steel Co.

Williams (J. B.)

•

$1)4

I

(quar.)

debenture D

Wilkes-Bar re Lacc

$114

12-

$1)4

(quar.)

debenture C

6)4%

11-10*

77! $15

12-

25c

A

11-

11-29

(quar.)..

10-25

$1)4

(irregular)

Power

11-15

10c

—

($100 par)

11-25

1

Remedial Loan Association-

Savannah Electric &

40C

Thermatomic Carbon, $5 preferred (s-a)—

Service Company-

Quarterly
Savage Arms Corp.

*.

Timken .Roller :Bearing.ru._^i.4...4iL44.!uy;
Tivoli Brewing Co.
(irregular)

75,c

(year end)——.

Saco-Lowell Shops, common—.
$1 convertible preferred (quar.)

Ban Francisco

10-20

Water, $6 prior preferred (quar,)....

11-30

37)4c

——

Class B

11-15

par)

prof. int.

11-10"

$1

11-107

Wool worth

1

($1

35c

convertible preferred (quar.)——
Rutland & Whitehall RR. Co

and

Whitaker

11-10"

Electric

15c

Certificates

shares

11-30

Westinghouse Air Brake (year end)

11-12

77

Trust—

Sub.

25c

Extra

Public

11-12

11-22

:

11-

21c

$2)4

Louis

11-22
11-22

50c

12-15

6834c

Roxy Theatre, Inc., $1.50 pfd. (quar.)
Rustless Iron & Steel, common
(quar.)—

Class A

Westvaco Chlorine Products

7'

:

30c

—

_

St.

Pacific Land

Texas

(quar.)

30c

_

Co.

Texas Pacific Coal & Oil

$$3.25

,

Robbins & Myers, $1)4 partic. pfd.
(accum.)
Rochester Button, $1)4 conv. pfd. (quar. )„_
Rochester Gas & Electric, 5% pfd. E (quar.)
6%preferred D (quar.)
Rolland Paper Co-. Ltd., common (quar.)!.___
6% preferred (quarterly)

Ryan Aeronautical

Weston

11-15

(quarterly)

11-30

40c
:

Reynolds Spring Co.—_________—4i-.,..!!'":
Reynolds tR. J.) Tobacco (interim quar.)(interim

11-20
11-15

12-13-

IOC

Sulphur Co.

1-3-44

SI

':7

7;77!

12- 1

Products

11-15

11-20

$1(4

12- 1

—

preferred

11-15

■■

7—

partic! preferred-

20C

50c

_

B

Tecumseh
Texas Gulf

11-29

1

7%

'

•

50C

i.

:

30c7

common..-

3714c

U

'

$7

l'

50C

Westinghouse .Electric• & Mfg.,

25c

Inc.,^.-.__-.^_4.—.4+v.^.,!^..4-——

12-31

25c

Reliance Grain, 6)4% preferred (accum.)
Reliance Steel Corp. (irreg.).—
Republic Insurance Co.,of Texas (quar.)——
Republic Petroleum, 5)4% pfd. A (quar.)—
Reymer & Brothers (irregular)—__

Class

Tampax-,
•

12-31

12-

7_!__:

25C

12%e

preferred

common

11-25

10c

+25c

pfd. (quar.)—

10-15

•

'

(quar.)

.12-15

12-

7._

Western Tablet & Stationery-—
5 % preferred .-(quar.)

11-15

11-5

11-15

11-15

Regent Knitting Mills, Ltd.—
non-cum.

Industrial Corp.

7.7

^

National. Insurance" (San Fran.)—
Quarterly ':

11-15

12-. I

50c

^

Western

11-15 7

7 $214c

.

1

■

Maryland Rwy'., 1st' pfd! (accum.)..

11-10

11-10

25c

1

Western

■'

10-15

11-15

1

12-1

50c

_______

11-15*

1

12-

$1.6214

Symington-Gould Corp. (year-end).
Talon, Inc., 4% preferred (s-a)
Tampa Electric Co

11-18

12-1

12-

.

-11-15

9334c

25c

.

non-cum. 1st

25c

$114

(interim)

12-17

1

si

SIVa

Randall Co., class B (quar.)
Rayonier, Inc. treduced!

convertible

Mines, Ltd.
Machinery Co,; (irreg.)
Sunray Oil Corp. -+~

Sylvania

10-25*

12-

Products, ihc._^!:—10c

Oats Co., 6% preferred (quar.)
Quaker State Oil Refining Corp.—
Quebec Power Co. (quar.)
L—

$1.60

■■77

A.

12-20

11-15

—

Quaker

5%

12-

(quar. )

12-1

——

Reliable Stores,

75C

.

Swan-Finch Oil, 6% preferred (quar.)._—_u
Swift International Co., Ltd. dep. rets,

Co. of Colorado—

Reading Co., 4%

Western Grocer Co,•••(Iowa

12-31

25c

11-15

1-15
11-15

:50c,
$1)2

(monthly)—„—
50c
Public Service Co. of Indiana, com. (quar.)—
25c
5% preferred A (quar.)
*
$1V*
Public Service Corp. of New Jersey—
$5 preferred (quar.)
SPA
6%
preferred (monthly)
50c
7% preferred (quar.)
——
.'
SI34
;8% preefrred (quar.)
;V;-v $2
Public Service Elec. & Gas, $5 pfd. (quar.)_
SI 14
7% preferred (quar.)—'
$134
Purity Bakeries Corp. (year-end)
$1.35
Purolator

11-15

1-15

tSl1/?

—

——

preferred

West Virginia Pulp & Paper—.
6% '.preferred (quar. 1

6 7

Sullivan

.'

(quar.)——

pfd.

11-15

V

partic. preferred

Light, 6%

Service

6%

+2c

—

.

1

11-

Sullivan "Consolidated

1

•

11-

7 11-24

Struther^ Wells Corp., $1.25 pfd. (accum.)
'

12-

Procter & Gamble Co.
Electric

11-15

11-15

1

11-15

50c

Strawbridge & Clothier, 6% prior pfd. (quar.)
Stromberg-Carlson Telephone Mfg. Co., com..
/. 614% preferred (quar.)
....4.!A.i!:

12-15

12-15
12- 1

(quar,)——_______—$1.37 (2

preferred

9

12-

3712c
$1

Powell Rouyn Gold Mines

Public

11-

25c

Sterling Drug, Inc. (quar.)._;
Stewart-Warner Corp.
(s-a)_
Stonega Coke & Coal

11-15

1

$1.50

Power Corp. of Canada—

.■

12- 1

12-

:

(This payment clears all arrears)
Pbtomac Electric Power Co., 6% pfd. (quar.)
-

1

$5.50

Paper Box Co., 7% pfd. (quar.)____
Co., $IV3 Class A pref, (quar.)--

Poor &

11-

11-20

10c.

1

11-

$114

preferred (quar.t
(A-..):'& Co. (qrtar.)
Sterling Brewers, Inc. (irreg.)

■■

Pittsburgh Steel Co., 5%%. prior pfd. (accum.)
Pollack

10c

'•••••

5%

Stein

5-1-44

4-15

37'/2C

8-1-44

7-15

Total liabilities & cap. accts.
Ratio of total res. to
F. R. note liabilities

Commitments

to

deposit
combined'

make

-

(C.OC

-

-

67;9%

81.6%

Indus-9,913

9,833

10,027

,

Volume

158

THE COMMERCIAL & FINANCIAL CHRONICLE

Number 4229

1983

ber

Exchange Rates

banks,

and

increased

$11,000,000 in

the

St.

Louis

District.

'

the requirements of Section 522 of the Tariff Act of 1930,- the Federal Reserve Bank is

Pursuant to

now

Demand

deposits-adjusted declined $48,000,000 in the
Chicago District, $35,000,000 in the Cleveland District,
$28,000,000 in New York City, and $43,000,000 at all re¬
porting member banks, and increased $31,000,000 in the

cer¬

tifying daily to the Secretary of the Treasury the buying rate for cable transfers in the different countries of the
We give below a

world.

•

record for the week just passed: 77;;7..,.

FOREIGN- EXCHANGE
7

.

•

BY

CERTIFIED

RATES

'

.

...

NOV.

5

1

Country and Monetary Unit

Nov. 6

Nov. 8

Nov. 9
V.'

l7',2D7733»

.297733*

.251247*

t

City, $21,000,000
District, and $20,000,000 in the San Fran¬

cisco

.25.1247*

.297733*

.

United States Government deposits de¬
districts, the principal decrease being $284,000,000 in New York City; the total decrease at all re¬
porting member banks was $569,000,000.
Deposits credited to domestic banks increased in all

Nov. 10

Nov. 11
$

w

.297733*

.297733*

.251247*

.251247*

'

Free

—

3.228000

Australia, poundLJ..—

.

.!Brazil, cru/.elro—
V

7'.

.71*251247*

+

3.228000

..I;

Official-.—_—r_~

7

.060586*

.060586*

.060586*

7

:

A summary of the
principal assets and liabilities of
reporting member banks, and of debits to demand de¬
posit accounts, follows:

;'

.060586*

.051275*

.8.36875

7
7.

.572766*

.572706*

.051275*

7 .909090

7

.009090

V 7.897812
.Colombia, pesoj——

.060586*

.051275*

'
••

.051275*'

.909090

Official—iTTi-.L-.,;

.909090

'

.896785

.895546

7.

.572766*

.572766*

{In

.909090

Increase (+) or
Decrease (—) Since
Assets—

4.035000

4,035000

.301215

.301215

.301215

Mexico, peso—,

.

.301215

(British), rupee——

•.205800

i...

.—.

11-3-43

4.035000

.301215

Loans and

'

India

<

7

•77 .205800

,

.205800

.205800

Investments—total

.205800

HOLIDAY

Official——i.—

.909090

.909090

.909090

.909090

.909090

Loans to

Free

.835208

.895375

.894166

.893125

.893958

Uruguay, peso—
Controlled—

;

3.330000

7

and

—

71

+

+

34

~

.

3.980000

,

3.244203

3.244203

3.980000

,

1,697

—

53

Loans

__

42

—

3

—

+

a

+

banks—

to

.658300*

.658300*

:

c.

7;

.530180*

.530180*

„

.658300* 7
;

.

.658300*

.529980*

79
;

——..

1,398

Treasury bills
Treasury certificates of indebtedness
Treasury notes

.658300*

.530i8Qc

,

.529980*

4.405

Other

Condition Statement of lember Banks

the San: FrahcistP

Loans to brokers and dealers in

"

The condition statement of

District, $13,000,000 in

Treasury bills and $569,000,000 in United States Govern-

New York

Reserve -System

Federal

cities shows the

'

Commercial,

and

industrial,

loans

agricultural

in¬

State and

'■»>

Demand
Time

*663

0

+

5,972

a

—

'

+

—

13

—

38

543

—

—

82

485

—

-^
+7

16

2,233

32

.<•

_

deposits-adjusted
!

31,774

;

deposits

699

20
406

—

Domestic

banks

to

demand

Interbank

during

and

793

U.

S.

Gov't

+

*771

+

9,326

3 181

196

—

12

+

94

+19

+

39

+

56
accounts

+

31

+150

8,818

deposit

43

+

12.170

Foreign banks
Borrowings ;
Debits

—

--569

5,977

U. S. Government deposits
Interbank deposits:

City, $75,000,000 in the Chicago District, and
$221,000,000 at all reporting member banks.
Holdings of
Treasury certificates of indebtedness declined $22,000,000
in New York City and
$12,000,000 at all reporting mem¬

deposits, and an increase of $150,000,000 in deposits
credited to domestic banks.
% v ; v 7" 7-7-

rment

5 904

+

Liabilities—

curities declined

weekly reporting member
in 101 leading

following principal changes for the week
ended Nov. 3: Decreases of $221,000,000 in holdings of

the

1,494

+

se¬

$53,000,000 and other loans for purchas¬
ing or carrying securities declined $42,000,000, both
largely in New. York City.
Holdings of Treasury bills declined $133,000,000 in

of

banks

■

Balances with domestic banks

+

12
23

—

2,874
' 8,354

——

DistriGt, and $34,000,000 atj^l report¬

ing member banks.

182

—

—

1,829

securities

94

35

■

—

17,640

Reserve with Federal Reserve Banks—
Cash iu vault

566

+

—221

•

4,935

Obligations guaranteed by U. S. Government

creased $17,000,000 in the Atlanta

lie
l 033

+

15

—

9,262

U. S. bonds-..

rate.

1*252

carrying

or

Real estate loans

3.980000

-s.

purchasing

/securities

3.244203

3,980000

for

(-14,718

agricultural

brokers and dealers in securities

Other loans

Noncontrolled——;
^Nominal

I

3.244203

3.244203

'Unionof South Africa, pound-...
•

Industrial,

Other loans

'.New Zealand, pound-~l———

11-4-42

—340

935

Commercial,

—

loans
•

10-27-43

11,697

1,129

——

52,642

6,458

Loons—total

Newfoundland, dollar—
,

millions of dollars)

.896406
.572766*

4.035000

77 4.035000

England, pound sterling--

3.228000

3,228000

'

Canada, dollar—'

.

districts except the St. Louis
District; the total increase
at all reporting member banks
was $150,000,000.

-

3.228000

"

.051275*

«

.

District,

clined in all

-

r.i'

,

Official—

New York District outside of New York
in the Boston

.

Noon Buying Rate for Cable Transfers in New York
-Value in United States Money

Nov. 5

(Argentina, peso—

;

^

-

FEDERAL' RESERVE P4V.W. TO TREASURY .UNDER TARIFF ACT OF 1930
TO NOV. 11, 1943 INCLUSIVE

except

accounts,

week

12,493

City Department

BOND PROPOSALS AND NEGOTIATIONS
ARKANSAS

.

;
j
.

,

•

the

W.

Stamford, Conn.

;

,,

j

V Note Sale—The $750,000 antici¬

An

Due serially

j

pation of taxes notes offered for

over

period of 35

a

sale

years.

&

(State of)
Reported in Revenue
the

Collections—111

first

fiscal

the current

started

July

service,

quarter

income,

year,

<

j

of, New

Co.

Due

sales,

158,

York,

Dated

Oct.

on

were

First

9—v.

p.

1865—

awarded to Goldman, Sachs

0.446%

at

Nov.

16, 1944.

10, 1943.
Other bids
'

follows:

as

Bidder—

which

Colorado

1,

Nov.

on

discount.

Colorado

v+77

..

•

Rate Bid.

.

National Bank, Boston.

First Boston Corp.

inheritance

and

tax revenues all showed sub-

'

Lee Higginson Corp.

j

Leavitt

(plus $21)

0.58

Denver
enue

on

Nov. 2. by State Rev¬

Director, Cruse.

^

proval

took

in

was

^

tile basis

taxes

from

$415,272
to $480,586, a gain of 15.7%.
;
Largest gain was in income tax
rose

; collections,
which went f r o m
$217,838 in the first quarter last
!

\

year to $654,340
increase.

this

200%

year, a

denton

and

held
recently
ap¬
given to the merger

a population of
The merger will give Bra¬

\ pared with $2,345,861 in the three
months last year, a gain of' 10.5%,
Service

a

population of 11,039, on
of .1940 census; figures,

area

an

of five square miles.

The unofficial vote
ton

a

Manatee has

3,500.

•

Manatee, Flu.
Merger—At

1 of the above communi¬

Jan,

ties.

$2,593,289 in sales taxes in July,
; August and September, as com.

and

Approve

referendum

on

He reported that the State

I

Voters

609

for

Manatee

was

34

merger,

251

for

169
The move failed to gain
approval in two earlier elections.
Next month

an

election will be

-

taxes

Liquor

; from $979,533 to
.

f

26.6%

and local
liquor license receipts showed a
proportionate drop.
Motor fuel
from

$2,668,133 to $2,-

,

cellaneous

motor

revenue

vehicle

171.1%

up

license

receipts
i down 17.3%, State liquor licenses
'

taxes down 99%
and store licenses down 64.7%.

up

51.7%$

Total

'
,

•

of

Council men
the Manatee

Mayor and

five
will
area

a

members.
be

chosen

City
Two
from

and three from

Bradenton.
Charlotte

254235.
Mr. Cruse's report showed mis-

•

Council

;

collections were off 15.5%, having
decreased

;

dropped

$719"482,

a

-

gift

collections

for

the

1942

period were $8,083,582. This year's
first quarter brought in $8,274,894,
a gain of 2.4%.
Lakewood Sanitary District (P.
Lake wood), Colo.

O.

Election—An

is

Bond

election

order to have

the voters pass




County (P. O. Punta
Gorda), Fla.
<
'.j.

j

syndicate named the second best
for

the

$24,000 issue,

a

bid

present

one

eration

now

Lakeland, Fla.
Bond Offering—Sealed bids will
be received until 10 a.m. on Dec.

8, by

L. Pressgrove, City Clerk
Comptroller, for the purchase
of $100,000
refunding light and
water, Series 1944 bonds.
Inter¬
and

est rate is not to exceed

able
Due

F-A.
on

3%,

Denomination

Feb, 1,

crued

interest

time

Dec. 8, for the purchase by the
sinking fund of $200,000 Miami

registered

refunding certificates
indebtedness, maturing Jan. 1,

of

1947.

Each

tender

shall

specify

the

amount and number of each "cer¬
tificate

and

terest is

whether

included

accrued

to

or

in¬

1954.

pay¬

$1,000.

The bonds

at

the

lowest

in¬

The City

bonds

sold,

and

placed in the Sinking Fund.

The

certificates

purchase

shall

accepted

be

for

surrendered

18, at the Chemical Bank &
Trust*Co., New York.
Dec.

amount

Bushnell),

Fla.

Offerings Wanted—G. B. Tomp¬
kins, County Superintendent of
Schools, will receive sealed of¬
ferings until 11 a.m. on Dec. 7, of
Special Tax School District re¬
funding bonds for districts Nos.
1, 2, 4, 7 and 9. Purchases of bonds
will

be made

able

sinking funds.

from

of avail¬

out

7%7 illinois

Alton, Jit.
Bonds

Sold

.

The

City Clerk
states that $42,000 judgment fund¬
—

ing bonds were purchased recent¬
ly by the First National Bank &
Trust Co. of Alton.

\%v-7

Syndicate

Formed

-

7\;:"'"7 :;

Chicago, III.
on

Transit

Unification Revenue Note Issue—
A syndicate of 100 investment
bankers, headed by Harris, Hall
& Co., Inc., the First Boston Cor¬
poration and Blyth & Co., has

Enclose

a

certified check for 1%

tect

investors

and to

in

the

securities,

provide funds for modern¬

ization and improvements. Mayor

Kelly

has

these

safeguards

insisted

already

must

be

that
pro¬

vided.

of the face amount of certificates

tendered

tabulated, and will be returned to

or

ac¬

plies with the terms of the notice
is offered at a lower price f
been formed to consider the pur¬
than any tender which is accept¬
chase
of
revenue
certificates
ed. The expression "lowest prices
which may be issued by the City
submitted" as used herein shall
of Chicago under the Mayor's re=mean cither
the
"lowest
dollar
cently announced plan for public
price" or "the highest interest ownership of transportation facil¬
yield basis calculated to absolute ities.
The
syndicate's proposal
maturity."
would be subject to certain condi¬
II' any bidder whose tender is
tions, it was indicated.
One of
accepted shall fail to surrender these would be that the
proposed
the certificates tendered
at the
unified transportation system be
date and place specified in the
administered' by a non-political
official notice, the certified check
management and that all neces¬
accompanying the tender will be sary
safeguards be taken to pro¬
forfeited as- liquidated
damages
and

payable to the City
Bids must be for the

of the

Sumter County (P. O.

Commission will ac¬

returned to the unsuccessful bid¬

certified

certificates

of- the

cepted.

be added

of

2%

surrender

to the amount stated. Bidders may

cashier's

a

for

entire issue.

same

on

purchase, payable
unconditionally to the city. Checks
accompanying the tenders will be

check

Treasurer,

the

(EWT)

under consid¬

by the City of Clearwater.

bonds

at

a.m.

a

lotte Harbor Special
Bridge District, SBA series of 1943
offered

stated by A. E. Fuller, Director of
Finance, that lie will receive seal¬
ed tenders until 11

at lower interest cost of the

panied by

Char¬
Road ? and

It is

cept the certificates tendered at
plan for refinancing
the lowest prices submitted; pro¬
city's
vided, the Commission may re¬
presently outstanding bonded debt
ject any and all tenders, but will
of $1,170,500.
The plan would be
not reject any tender which com¬
similar to
to

,

$24,000

—

<

Shields & Co., New York, is given
a period of two months in which

Sale—The

Sale—The

'

7

Tenders Invited

stipulate, if desired, that their ten¬
ders are for the purchase of all or
Dunedin, Fla.
none of the certificates
tendered,
To Consider Debt Refunding—
and shall state the time and place
The City Commission is reported
for delivery of certificates ten¬
to
have
agreed to
a
proposal dered as specified in the official
whereby a syndicate headed by notice.

will be sold to the responsible bid¬
der offering to pay par and ac¬

1961 incl.

Sealed

■

$815,000 SB A terest rate.
Each bidder must
series of 1943 Refunding bonds of¬
agree to accept delivery on the
fered Nov, 9—v. 158, p, 1865—
bonds as soon as they are ready
were
awarded to the Clyde C.
for delivery. Bids must be for the
Pierce Corp. and the Florida Na¬
entire issue, but the City reserves
tional Bank, both of Jacksonville,
the right to reject all bids or to
in joint account, as 2.60s, at a
deliver only such bonds as may
price of 100.01, a basis of about be
legally deliverable at the time
2.599%.
Dated Dec. 1, 1943 and
of delivery.
All bids must be
due serially on Dec. 1 from 1947 to
unconditional and must be accom¬
Bond

said to be scheduled for Nov. 20
in

Bond

composed of John

&

against;

merger,

Miami, Fla.

as

Co., B. J. Van Ingen
& Co., Inc., Trust Co. of Georgia,
Atlanta, Ranson-Davidson Co. and
Leedy, Wheeler & Co., was sec¬
ond high bidder for the
$815,000
issue, naming a price of 100.41 for
2.80s.
The Clyde C. Pierce Corp.

Braden¬

against.

held to choose

Ocala,

of 100.10 for 2s.

0.53

— ~

&

Bradenton

account

offer

florida
'

of

a

0.49

stantial gains over the

correspond- j
ing period last year, but big de¬
clines were recorded in gift, liqour and motor fuel taxes, accord¬
ing to announcement made in

Co.

0.484'4

..—^:

(plus $2.00

-

use

Trust

Nuveen

bonds as 314 s, at par.

Increase

•

&

issue of $120,000 water revenue,

an

•

;

Bank

price of 100.101 j a basis
of about 1.923%,
Dated Dec. 1,
1943 and due Dec. 1, 1947.

CONNECTICUT

Colorado

•

awarded to the Commercial

were

1.95s, at

R.

Stephens Investment
Co., of Little Rock, has purchased

; of

$250,000 sani¬
line bonds.

sewer

were

7

issuance of

the

on

tary

Wynne, Ark.
Bond Sale—It is reported that

>

for

ders after tenders are

the

successful

opened and

bidders

upon

the

Emphasizing

the

urgency

of

proceeding with unification of all
transit
poses

lines,

Mayor

Kelly

pro¬

that all costs of acquiring,

constructing

and

operating

this

unified transit utility be financed

■

.;

...

through sale of certificates payable only out of revenues.
It is

cluded
money

$1,000,000 to provide new
for construction purposes

proposed that attempt immediate¬

and

ly be made by the city to acquire

amount of

the

become callable

of the Chicago
Surface Lines, the Chicago Rapid
properties

and the Chicago Mo¬

Transit Co.

Jan. 1,

1944.
The $1,000,000 flotation will be
dated Dec. 1, 1943, and will ma¬
ture Jan. 1, 1963. These securities
will
be optional
in amounts of
on

on Jan. 1 of each
numbered year, beginning in

Federal Court in the first two in¬

the Federal Works
Agency and by the people on refby

stances,

in all instances.

endum

As

condition of any such pur¬

a

chase agreement it should be un¬
derstood that the aggregate of all
cash

will be not less than
The

and tax

interest

charges as com¬

These annual sav¬

ings will amount to at least $5,-

000,000, the Mayor states. Another
dollars
a
year
can
be

million
saved

through unification of the
properties.
The financing program would

include

entire

the

$102,000,000
program provided

modernization

able

prior to maturity.
the proceeds, $600,000 will
used by the district for new

Of
be

for in the 1941 ordinance,

Earnings based on
present or any reasonable levels
of
materials, prices and wages
would
provide
amply for
all
$110,000,000.

charges.

Clerk

Sullivan,

of the

ceived

Series One bonds of¬

Nov. 4—v. 158, p. 1679—

sold

not

were

bonds, however, will be callable
in equal annual amounts of $100,000 on Jan. 1 of each year 1945-

y^^y,vfe? y V74';;^y yv;
proceeds of the refunding
issue will be used to provide funds
for the redemption on Jan. 1 of

as

which become callable

"Nov.. 5:

The bonds to be re¬
funded consist of $416,000 of 414s
and

of

\'y

■

Chicago yesterday rejected all
bids on new $121,000 land damage
bond flotation, but passed resolu¬
tions authorizing a call for offers
from municipal bond dealers on
two other

issues totaling $3,-

new

Bids

the latter two

on

flotations will be received
123.

at

Trustees

-

v.,

•

on

Nov.
:

1

special meeting
yesterday morning accepted bids
on the $121,000 land damage flota¬
a

tion. Seven offers

were

submitted,

with the Northern Trust Company

specifying the top price of 100.163
for 1% securities.
to

be

dated

Jan. 1,
Jan. 1,
a

The bonds

Dec.

and

1

Fiscal

were

mature

;

officials

expressed

of

the

satisfaction

district

with

the

high bid, which named the lowest
interest rate that the district
would have obtained

financing.

on

its

lar

a

M.

it
$5,019,500
from cash on hand, and carry the
remaining $3,030,000 of options
over
to July 1,
1944, the next
interest payment date.
$2,000,000
call

will

man

of

presided

on

the issues will not become of¬

that

in

the

absence

was

ex-

Woodhull,
absent from yesterday's meetings,
has veto powers.

The district in¬

Woodhull, ex¬
were reject¬
the majority of the
trustees decided against paying at
this time

some

of the claims which

were

to be funded

sue.

All the bids from

dealers, it

was

by the bond is¬

municipal
explained, were ,in

In

addition

Northern

the

to

1% securities, Cruttenden & Co.
specifying 100.095 and The First
National Bank of Chicago offering
100.029.
Four
rate

bidders
the

on

Harriman

Bond

&

is

reported

an election
is scheduled for
Dec. 7 in order to have the voters

pass

on

2*4%

the

issuance

of

$35,000
semi-annual property pur¬

chase bonds.

Trustees
who
voted
against
""award of the bond flotation were
Paul V.

Colianni, J. L. Friedman,
A. F. Maciejewski, and James J.
Those

who

flotation

Joseph

T.

voted

to

included

Mr.

Baran,

and

Thomas F. Byrne.
bond

issues

au-




nished to the purchaser at the

of the City;

pense

notice

of

bids

sale.

deucting therefrom

any
are

and

all

bids.

Said

of

bonds, including accrued interest
delivery at the rate
named in the bid, will be consid¬

levied

the

and

collected

all

on

taxable property in the

forms fur¬

on

Pending

file

on

successful

of

the

bids

at

No

county.
will

the

be

Solicitor to draft

ing

ex¬

for

an

voters

condi¬

ready for de¬
days after the
date of sale. Said bonds are being
issued under the provisions of the

within

pass

Kokomo, Ind.
Assessment

Bonds—Circuit

Judge Forrest
Nov.

5

E. Jump

law

of bonds of a particular

cording to
In

press

$6,049

series,

general fund, city officials
"'V'-' /,V "/:6 7/

a

said.

Judge

Jump

based

said

decision

his

ruling by the State

on a

Supreme Court in 1939 that

next

•;//':/

,/<■
His party, which had not elect¬

ed

also

the

won

Lieutenant

Governorship and five other cab¬
inet posts.

pay¬

ments to Barrett law bondholders
must not be made from any other
than the funds collected from a

particular bond series.

bonds

ing the bondholders from

a gen¬
bonds issued for im¬

be

to

(EWT)

made

Nov.

on

be

furnished

$1,000 and $500.

Dated Nov.

15,

1943. Interest payable M-N.
Due on May 15, as follows: $4,000
and

1945, $4,500 in 1946,

$4,000 in 1947, $4,500 in 1948,
$5,000 in 1949 and 1950, $4,500 in
1951, $5,500 in 1952, $5,000 in 1953,
$5,500 in 1954 and 1955, $6,000 in
1956 to 1958, and $4,000 in 1959.
Callable on any interest payment
in

inverse

30

upon

numerical

days'

and interest

a.m.

Na¬

the. successful

y/

District, Md.
Sale

The

$1,500,000
$500,000 series

—

CCC water main

1944

11

the

Washington Suburban Sanitary

struction

in

at

at

18

bidder without cost.

Bond

Sold—A

Boyce of Louisville. Denomina¬

tions

all

Legal opinion of Wood, Hoffman,
King & Dawson of New York City
will

has been purchased by Stein Bros.

&

rejec¬

or

any

$79,000 issue of
3% school building revenue bonds

date

He said Kokomo had been pay¬

acceptance

part of the above-described
bonds
will
be
made
promptly.
Payment
and
delivery
of
the

or

V/v; :■/ Ky.
Bonds

of

y

-J

order

notice

on

at 1903 Vz
before May 15,

or

y'-

tional Central Bank of Baltimore.

Governor in this State since

a

1927,

of

Richard

to

Governor
'!■

'<

•

.

^

bonds

tion of any offers to purchase

Simpson County (P. O. Franklin),

1

judgment

a

Zilky, South
Bend broker, and other plaintiffs,
Judge Jump rendered a decision
which
has. State-wide implica¬
tions, due to the general practice
among cities to pay bondholders

was

Republican

An¬

($285,000 third
school loan and $85,000 public
library loan), due Oct. 1, 1963,
370,000
bonds
($285,000
third
school loan and $85,000 public
library loan), due Oct. 1, 1964.
370,000
bonds
($285,000 third
■;//, sewer loan and $85,000 public
library loan), due Oct. 1, 1965,
370,000
bonds
($285,000 third
sewer loan and $85,000 public
library loan), due Oct. 1, 1966,
370,000
bonds
($285,000 third
sewer loan and $85,000 public
library loan), due Oct. 1, 1967.

ac¬

reports.

granting

from

judge of the State Court of Ap¬
peals, will become Kentucky's

that

out of funds collected for account

Willis,
63-year-old
attorney
and
former

Ashland

Court

ruled on

S.

Offering

Bond

4//;:/; yy'/ZV"'./

$370,000

Notice

Republican Elected GovernorSimeon

month.

payments to Barrett
bondholders must be made

resolution call¬

Kentucky (State of)

sixth

Ruling On Barrett Law Special

a

election to have the
on
the issuance of

KENTUCKY

12

general statutes relating to the
issuance
of
general
obligation
bonds by counties.

is

$75,000 airport bonds.

considered.

The bonds will be

livery

Election—It

the

City Council
voted recently to instruct the City

date

the

on

bidder

Bond

that

reported

sale, and will be furnished to

the

Marshalltown, Iowa

>

Cord, Ice & Miller, of Indianap¬
of

City.

'

by the Board of Commis¬
sioners. The opinion of Ross, Mc-

olis, will be

of

IOWA

nished

lows:.

unlimited, ad valorem taxes to

be

to the date of

Bids must be

Secondary

nounced—Baker, Watts
&
Co.,
Baltimore, as agents, will receive
sealed bids at their offices, Cal¬
vert Sts., Baltimore 3, until 11 am.
(EWT) on Nov. 16 for the pur¬
chase of $1,850,000 Baltimore, Md.,
4% coupon serial bonds, as fol¬

The right is reserved to

being issued for the
purpose, of paying and satisfying
certain tort judgments against the
City and will be the direct ob¬
ligations of the City payable out

the premium bid, if any. No bid
for less than the par value of said

ered.

Baltimore, Md.

of said

bonds

all of the bonds to their

on

maturities and

MARYLAND

ex¬

No conditional

bids for. less than the par
bonds will be con¬

or

reject

the

to

county, to be deter¬
mined by computing the total in¬

eral fund

County

Bond Offering—Joe J.

(P.

O.

Logansport),

will receive sealed bids at his of¬

fice until 2 p.m. on Dec. 1 for the

purchase of $38,317.36 not to
ceed

until

2 p.m.. on

Nov.

26/ by Paul G. Barnett, County
Auditor, for the purchase of $50,000 bridge of 1943 bonds. Interest
rate is not to exceed

J-J.

Dated Nov.

4%, payable
15, 1943. Denom¬

inations

$1,000 and $500.
Due
$1,000 July 1, 1944, $1,500 Jan. and
$1,000 July 1, 1945 to 1962, and
$1,500 Jan. and $2,500 July 1,
Rate

of

interest

to

multiples of !4 of 1% and not
than

one

4%

rate shall

be

be

in

bonds,

including

and

sewer

con¬

and

$1,000,000
series
DDD water supply issues, offered
Nov.
10—v.
158, p. 1776—were
awarded to a syndicate composed
of

Union

Forgan

Securities Corp., Glore,

&

Co., Francis I. duPont
Co., R. D. White & Co., all of
York; Fox, Reusch & Co.,

&

New

Cincinnati,
Close

&

a

of about

dated

and

Rambo,
Keen,
Philadelphia,
price of 100.555, a basis

Kerner

2s, at

as

1.969%.

Nov.

serially

of

on

1,

The bonds

1943

Nov,

and

are

mature

from

1

1944

to

bonds

no

year/ the State will have re¬
its bonded
debt by 25%
during this and the two previous
fiscal years. He was optimistic as
to the reduction since

no

remainder of this fiscal year, end¬

$1,317.36 on Jan. 1, 1946; $2,000 on
July 1, 1946; $2,000 on Jan. 1 and
July 1 from 1947 to 1954 and,

$2,000 on Jan. 1, 1955 and $1,000
July 1, 1955.
Bidders will1 be

is

during

contemplated

the

ing June 30, 1944.
It

was

also stated

that

man

that

"all

by Mr. MossState's

bonds

have

been

callable

are

not

to

exceed

interest

tioned

the
and

multiples

of

that

more

be named

*4

must

1%

be

and

in
not

interest rate shall

one

by each bidder.

bonds

thereof

any

Mossman

bonded debt
000

during

said

the
the

lowest

State's

the

reduced $1,864,-

was

the

fiscal year,
outstanding—

past

leaving $24,305,500

cer¬

bonded

indebtedness

State has enjoyed since

The

cut

in

the

State's

1931.

bonded

debt" in each of the last two fiscal

successful

to

Mr.

$1,000 payable to
city must accom¬

A

and

tion would entail

men¬

each bid.

The
said

of

above

called,"

the

further reduc¬
buying bonds on
required to name the rate of in-, the open market.
This, he ex¬
terest which the bonds are to bear
plained, would not be profitable.
on

bidder

make
and

will

payment

accept

be

for

years

like

delivery

is

greater

than

any

other

period in the history of the

o'clock

State, he said, attributing the re¬

15, 1943, at such
bank in the City of
Vincennes
as
he
shall1 designate in writ¬
ing, filed with the Clerk-Treas¬

duction to increased liquor reve¬

a.m.

on

urer.

the

prior

to

eleven

Dec.

Time

is

of

the

essence

foregoing requirement

as

of

the

proceeds of the bonds must be
available on said date to meet cer¬
tain obligations.

The approving opinion of
Ross,

and Asso¬

;;y'-/;/y yy'''■:y"7:y."/

y

MICHIGAN

nue

and decreased pauper costs,

Legal

Battle

List Issued—Bank

Creek

Note

Offering—Edwin L. Hard¬

ing, Secretary of the Board of
Education, will receive sealed bids
until 4:30 p.m. (EWT) on Nov. 15
for the purchase of

$100,000 not
exceed 6% interest tax antici¬
pation notes. Dated Dec. 1, 1943,
to

Due

Feb.

form

of the

as

legal

investments

for

of

at the

bidder.

and

option
Princi¬

the Treasurer of the Board of

Education.
24%

The

of amount

levied

on

the

loan
of

represents

operating tax

1942-1943

tax

for

operating purposes.
Bids

shall be

conditioned upon

the

unqualified opinion of the
purchaser's attorneys approving
the legality Of the notes.

Cost of

opinion and printing of notes to
be paid for by the successful
bid¬
der.
the

A certified

check; for 2% of
notes, payable to order of the

District

Maine

Demons,

be

to

successful

Com¬

list of securities certified

1944.

pal and interest payable at office

Treasurer, is required.
Detroit, Mich.

Tenders
a

1,

of note

missioner Homer E. Robinson has

issued

School District,

Mich.

v/'/'/y

bond is¬

sue

Dated Dec. 15,
$1,000 except one
bond for $317.36.
Due as follows:

by Shields & Co.

ciates.

duced

1943.

Denom.

2.20s

cal

troller

Wanted—City

Charles

G.

Comp¬

Oakman

an¬

nounces

that he will receive offer¬

savings banks under provisions of

ings

non-callable

Paragraph XI, Section 27, Chapter

Nov. 22, at 10

McCord, Ice & Miller, bond coun¬ 57,
Revised
by sel of Indianapolis, will be fur¬ amended.

more

named

ex¬

interest judgment fund¬

that if

issued during the current fis¬

are

ing bonds of 1943.

required

Offering—Sealed bids will

ported recently

Leonard,

Clerk-Treasurer, reports, that he

the order of the

Ind.
Bond

on

Vincennes, Ind.

.

pany

1963.

thorized by trustees yesterday in-

the

tified check for

INDIANA

be received

new

Ridge, III.

that

damage to private lands that re¬
sulted years ago from the over¬

two

114%

a

These bid¬

Election—It

Cass

the

Ripley

Park

form.

Polodna.

named

flotation.

ders and their dollar offers follow:

The purpose of the bond flota¬
tion was to provide funds to settle
claims
against the district for

flow of waters of the district.

be

Monday, November 15, 1943

1983
inch
Second high bid of
1948; 103 and interest on or before
on the
100.079 for 2s was made by a
provements
of
Lindsay
Street May 15, 1953, and 102*4 and in¬
two new issues on or about Nov.
group composed of Harriman Rip¬
here.
;.y '//•■
terest thereafter.
y- ::y
13 and actually receive the offers
Principal and
ley & Co., Inc., Blyth & Co., B. J.
City officials testified they had interest payable at the Simpson
ten days later.
Van Ingen & Co., Inc., Equitable
the practice under County National Bank, Franklin.
The 1 % interest rate named by inaugurated
Securities Corp., Illinois Co. of
advice of the State Board of Ac¬
the Northern Trust Company on
Legality to be approved by Wood¬
counts, which
Otto K. Jensen, ward, Dawson & Hobson of Louis¬ Chicago, Hayden, Miller & Co.,
the
$121,000 flotation compared
and
Miller,
Kenower
&
Co,
chief examiner, said was issued ville.
with the preceding all-time low
;/y77/
V.:///'yy:':
•/,/ Among other tenders was an offer
prior to the Supreme Court ruling.
coupon of 2% on bond financing
of 101.32 for 2.10s made
by John
Mr. Jensen added that city gov¬
MAINE
of the district.
This issue, how¬
Nuveen
&
Co., and Associates;
ernments had been instructed to
Maine (State of)
ever, is much smaller in size and
100.63 for 2.10s by R. S. Dickson
follow the decision of the court,
shorter in term than the flotations
Large Future Bonded Debt Re¬ & Co., group; 100.52 for 2.10s, by
since the ruling was made, how¬
sold
by the district
in
recent
duction Seen—State Finance Com¬ syndicate
headed
by Northern
ever. yyyy.
;y
years..
yy'.y:''
missioner Julian A. Mossman re¬ Trust Co. of
Chicago; 100,357 for

tends to advertise for bids

of

because

The

It

10.

President

to 3

plained that the bids

Whalen,

Nov.

until

planed

President Ross M.

award

be refunded,

to

additional

an

Co.,
Inc.,
100.80; Harris Trust & Savings
Bank, 100.361; A. G. Becker & Co.,
Whalen, Vice-Chair¬ Inc., 100.327, and Halsey, Stuart &
Finance Committee,
Co., Inc., 100.302.

who

the

con¬

regu¬

meeting, they voted 4
against making the award.
James

ever

bond

When the trustees

vened in the afternoon in

proper

In addition to

1949, with $21,000 optional Trust Company, two other bidders
1947 and $50,000 callable sought the $121,000 flotation as

year later.

ed

total of $10,-

a

callable Jan. 1.

ficial

District

of

'

$1,584,000 of 4s.: v,#

The district has

ing the $1,000,000 and $2,000,000
flotations were passed by trus¬
tees, it was explained that action

Commerce"

of

cost

While the resolutions authoriz¬

Trustees of the Sanitary

000,000.

the first

on

of the year.

re¬

follows from the cni-

"Journal

cago

bonds,

will

responsi¬

The highest bidder will be the one
who offers the lowest net interest

The

of-' outstanding

bonds

sidered.

63..

this notice,

connection with

quote

bids

all

as

rejected.

were

the

Said

the highest

to

value

pense

the

In

:

'

ble bidder who has duly qualified
and has submitted a bid in ac¬

tional

and

049,500 of outstanding bonds that

Bard of Trustees, that the $121,000

awarded

other $1,000,000
will be spent on the North Side
sewage treatment works.
The $2,000,00 refunding flota¬
tion will be dated Jan. 1, 1944,
and will mature in 20 years. The

Chicago), III.

on

$300,000

,

Bonds Not Sold—It is stated by

land damage,

treatment

additional

bidder.

Calumet sewage treatment

works,

are

J.

West-

will be used for construction work

Chicago Sanitary Dist. (P. O.

James

its

at

sewage

'

and also
complete replacement of the Mo¬
tor Coach Co.'s properties, a total
$2,000,000
fen-year improvement program of

fixed

work

An

works.

at the

pared with obligations of a pri¬
company for taxes, interest

vate

and dividends.

,

each

terest

1945

in
1961,
and
in
amounts of $55,000 on Jan. 1 of
even-numbered years, starting in
1946 and culminating in 1962. The
balance of $55,000 will not be call¬

Southwest

would

start business with small' annual

odd-

ending

construction

$27,500,000.

utility

city-owned

and

renewal

the

in

assets

and

fund to be turned over to the city

we

'

cordance with

to refund a like
present securities which

$2,000,000

negotiation. Any
price tentatively agreed on would
be
subject to approval by the $50,000
tor Coach Co. by

fered

/'.. '' '

'

;

:

THE COMMERCIAL & FINANCIAL CHRONICLE

1984

»

t

■

;

Statutes

1930,

as

of

a.m.

sum

of not to exceed

the

City

Sinking

bonds

until

(EWT), in the
$283,000 for

Fund

(Street

Volume

158

Number 4229

THE COMMERCIAL & FINANCIAL
CHRONICLE

Railway Division) under the fol¬ est thereon, within the limitations
lowing conditions:
<••
prescribed by Section 21 of Ar¬
Offerings shall show the pur¬ ticle X of the Constitution of
pose, the rate of interest, date of Michigan.
The school district au¬
•maturity, the dollar value and the thorized an increase in the tax
yield,■.-y;-x.-..;v- rate limitation to 2.1% of the as¬
i
Offerings will be accepted on sessed valuation for the years 1943
;the basis of the highest net. yield to 1947 both inclusive, at an elec¬
to the city as computed from the tion held on April
19, 1943.
A
dollar price as of Nov. 22,. 1943.
certified check in the amount of
•
No bonds maturing beyond May 5 % of the total par value of the
bonds drawn upon an incorporat¬
•1, 1949, will be accepted.
r
The city reserves the right, on ed bank or trust company and
bonds purchased which are de¬ payable to the order of the Treas¬
livered
subsequent to Nov. 29, urer of the school district must
1943, to pay accrued interest up accompany each bid as a guaran¬
•to that date only.
tee of good faith on the part of
;//■;
:

•.

.

.

.

the bidder.

$1,933,000 Bonds Sold

by Wis¬
consin Annuity Board-—The Wis¬
consin State

allowed

Nov. 9

on

of $1,933,000 various Detroit mun¬
icipal bonds.
For details of the

sale

item

see

State

of)"

under

of

$461,000

ex-

ceed

will be the first, choice and serial
bonds will be the second choice

of

the

bonds
sue

Board.

If

sold and

are

ments

semi-annual

;

fP. O. Iron River),
\ .
-; ' / /ri
Mich. /,
\ ';;,/V
Bond Offering—Sealed bids will

years

bonds

will

issued and sold,
in the amount of

are

be

payable

sum

on

the term for which the bonds

MINNESOTA

.

,

,be

received

until

7

p.m..--

Bovey, Minn.

(CWT),

Bonds Offered—The

on
Nov. 19, by Walter Peterson,
.Township Clerk, for the purchase

is not

to exceed 4 % %, payT
J-D/ Denominations $1,000
$500. Dated Dec. 1,1943. Due
$1,500 from Dec. 1, 1946 to 1965,
and

All

of said

bonds will

able at such

.be

subject to redemption at the
.option of the Township on any
one

or

interest

more

tution

bank

shall

as

the

par value with

.bonds shall be called for redemp¬
tion on any one interest payment

Bovey,

ac¬

bonds

(These

•..

158,

be

on

NEBRASKA

Bank,

/ •■■■■;;. City), Neb.

The full faith and credit

ion-of

sale

interest

Dorsey,

Nov. 4—v.

on

were*

and

on

from

bonds

•

will

be

awarded to

J. M.

a

able solely from the
the

water

supply

First

The bonds and
will

be

system

township, and the bonds

and

pay¬

revenues

of

of

of

issued, pursuant to the provisions
1933,

in11946

amended, and the or¬
dinances of the township adopted
'Sept. 20, 1943, and amended on
Oct.

12,

as

1943.

Bids shall be

upon
the
unqualified
opinion of Miller, Canfield, Pad-

bock & Stone, of Detroit, approv¬

■township. Enclose
for

2%

a

of the, par

value of the
to .'the Township

1, 1943.

to

1953,

Due

23

75

122

182

198

336

344

365

367

374

393

479

521

566

583

628

629

760

765

810

Seaman

after

date

called, the

designated will be re¬
by payment of the prin¬

to

rates at 2
•

'■/ /

lv

,

2 % and 3 %.

Meridian, Miss.

'

.

all

,

214%

funding bonds

semi-annual

.

were

coupons

////// maturing

and

have

by

Mr.

transmitted

his

Gary, who has
report thereon.

viewed

been

agement is
vere

Seaman

in

some

Louis;'*

-

;

1

•

and

after

June

1,

pay¬

manner.

Auditor for

the

purchase

of

coupon

1,

school bonds.

1943.

$2,000
•incl.

on

Dated July
$1,000.
Due
July 1 from 1944 to 1948
Denom.

Rate

of

interest

to

be

ex¬

pressed by the bidder in multiples
■of
of 1%.
Principal and inter¬
est

Municipal
vited—-Bids
10

a.m.

Bond

Tenders

West Jackson Boul¬

evard.; Chicago,.111.,: for the
chase

In¬

were
received until
on' Nov. 10, by Harvey R.

Bowd itchy 164
of

various

State

and

pur¬
mu¬

nicipal bonds aggregating $939,000.

2

The school district is authorized

is related

expenditures.

the

consent

of

the

Bond

Offering—It is stated by
Edward Laeklen, District Clerk,

valorem

that

sary

as

may

be neces¬

to pay the bonds and inter¬




side

holders

he

will

receive

sealed

until 7:30 p.m. on Dec.

bids

1, for the

revenue

government

while

In order to
compel

careful

planning of this vital mat¬
ter, the legislature is required to

1943, the borough had

gather together all appropriations
a
single budget appropriation

in

;;//:%■••;'■;'//■•[..

/

primarily to the

State

appropriations, also regulated by
a new
provision, deal with public

$8.55 tax rate and could expect
relief under existing debt ser¬

vice.

of

tail and the
borough was now
proceeding to foreclose certain
improved properties, and in addi¬

bill so that the real, cost of
all
State government will be
plainly
apparent.
There are, of
course,
emergencies and truly unforesee¬
able contingencies that

tion

during the fiscal

Mr.

Seaman

stated that he had

analyzed the lien situation in de¬

the

Solicitor

had

been

may arise

in¬

structed to prepare proposals for
the purpose of
securing bids on

be dealt with

foreclosing the balance of the

a

isting liens.
the

liens

tal

ex¬

taken

were

of

out

appropriations but only upon

two-thirds

upon

He stated that when

vote

of

bill which

a

tention to

the

These may

year.

through supplemen¬
each

directs

item for

an

house
its

some

at¬

single

ratables; the valuations would be

object

vision will eliminate
logrolling to
raise the necessary vote.
Finally,
the requirement that funds must

in

the

plan

a

of

providing for

between" $6

and $6.50

and

the

informally

matter

discussed

had

with

to

a

question
about

"The

stated

a

outside

of

the

State

those

were

/

:

history of State

governs

all

indebtedness exceeding $100,is carefully retained.
Serial
bonds which call for amortization

000

of

the

debt

each

year

made

are

mandatory because they eliminate
the need for State
sinking funds.

to how the State

as

These provi¬

to greater econ¬

proved the wisdom of
rigid restrictions upon State bor¬
rowing.
For this reason the re¬
quirement of a referendum upon

been

surrendering

pause

has

ment

these

a 4 V» %
2% bond, Mr. Seaman
that the matter had been

bond for

give

and efficiency.

omy

He pointed out that State
agen¬
cies
held
the
majority of
the
bonds

of payment.

source

sions should lead

the

V/.:

■

will

supplementary appropriations
made
without
thought
of
the

rate

on

available

The latter pro¬

to

prepare

tax

-a

be

or purpose.

The former

law

requirement that the

which

must

authorizes

pledge

the

the

an

bonds

of

source

ment is deleted because it

pay¬

imposes

unfair

fiscal

rcgidity to the State's
policies for as much as 35
In

years.

order

to

protect

the

State's credit position,
however, a
substitute for the old provision

ficulty would exist if these outside

charges

first

ing bonds.

new

is

reported

that

$10,000 outstand¬

holders

refused

to

assent

plan. //.- .'/•/:

to

the

out of
he receives."

,///■;

New Jersey

NEW JERSEY

Constitutional

Hackensack, N. J.

/. ''•

(State of)
Revision

Rip-

be

written into the

tution

as

dum vote

a

result of the

partial list

tution for submission to the elec¬

bidders, all of
noted,

torate at the general election next

of the unsuccessful

which,

unless

otherwise

bid for the entire

$200,000 bonds:

Bidder—•
Ira

Haupt

Int. Rate

&

Co.,

Rate Bid

Dol¬

M.

and

($199,000)

Freeman
R.

H.

&

__

and

l%y

Boland,

&

ivy;
and

Dillon

&

100.22

—

State

Consti¬

a

starting point for its

lVzCt

■

•

report

of

as

follows:

100.20

as

to finance were

All dedicated funds shall be

abolished.
All

'

.

(P.

O.

.

Mineola),

Rise

Proposed

Cited—We

—

Debt

in
special dis¬
patch out of Mineola, to the New

part

as

follows from

quote

a

York "Herald Tribune5' of Nov. 9:
•

County Executive J. Russell
Sprague, made public today the
proposed Nassau County budget
for 1944, showing a prospective
from $1,02 to

appropriations for sup¬

port of the State government shall

$1,05,

on

$100 of

as¬

sessed valuation.

1942

a
State Constitutional
Committee, whose rec¬

summarized

.

increase in the tax rate of 3 cents,

de¬

liberations, the legislature prob¬

•'2.

Eastman.

Co..

As

"1.

Saffin

Ripley_ & Co.,

Inc.,-

revised

ommendations
100.32

Co.

& Co.

a

year.

Revision
l\'zrc

Harriman

100.61

Johnson

Sachs

up

moneys

/

County

Reduction

Nov. 2 which author¬

ably will refer back to the

Co.

Co.

draw

on

the

to

debt

N.Y.

referen¬

1777,

a

/

Budget

State Consti¬

ized the 1944 State Legislature to

give below

;

Ap¬

by
Voters —Several
changes of fiscal importance may

pel & Co. of Newark, as 1.40s, at
a price of
100.233, a basis of about
1.37%, as reported in v. 158, p.
we

v

Nassau

proved

the Oct. 25 award of $200,000 gen¬
eral refunding bonds to J. S.

public

NEW YORK

'

&

(P. O. Billings), Mont.

£unds

borough was having great diffi¬
culty in meeting its obligations.
Despite the fact that some $5,000
of maturing debt was extended

the city is calling for payment on
Dee. 1, a total of

ley Bros.

required to levy upon all the
taxable property therein such ad
taxes

demands of pressure
groups.
"The matter of dedicated

Treasurer

Goldman.

and

dedicated

requires the State
pay
the
annual

M.

Yellowstone County Sch. Dist. No.

of Detroit

se¬

a

provision

comparatively short maturi¬
ties,; which meant that little dif¬

Call—It

phin & Co. and Back-

MONTANA

(J-J) payable at the National

Bank

The

so-called

will remedy this
situation
preventing
separate
little

by

three

with

Gering, Neb.
Bond

.

Other Bids—In connection with

Offering—Joseph Morian,
District
Secretary,
will receive Associated Indemnity Corporation
sealed bids'until 8 p.m.
(St. Louis), Mo.
(EWT) '/"'/
for

handicap.

funds

past and had found that the

years

appertaining thereto felt

on

usual

••

•

MISSOURI

/

Bond

'$10,000 not to exceed 4% interest

;

Of St.

(P. O. Mt. Clemens), Mich.

15

man-,

obviously under

abolishing

some

outlined

,

Nov;

the State's financial

sense,

The

Guaranty Trust Com¬ discussed
informally with the Act¬
pany of New York, Coupon Pay¬
ing State Treasurer and he (Mr.
ing Department, New York City.
Seaman) was hopeful that the
Coupons due Dec. 1, 1943, should
State
would
be
favorably dis¬
be -detached
and
presented for posed. He indicated that
holdings
payment in the

re¬

Called—It
is
reported Meridian Separate Sch. Dist.
(P.O.
Roy G. Stuart, Chairman of ,'/////,
Meridian), Miss.
the Board of County Road Com¬
Bonds Sold—It is reported that
missioners, ■called for payment on
$41,000 214% semi-annual refund¬
Nov. 1, all outstanding 1944 and
ing bonds were purchased recently
•1945 refunding" highway' improve¬
by George T. Carter of Meridian.
ment bonds, the redemption price
Dated Nov. 1, 1943. Legality ap¬
of which is $21,000.
'
•
'
proved by Charles & Tx-auernicht

on

re¬

noted:

ment at the

re¬

purchased

bonds with

1944, should be presented for

Bonds Sold—It is reported that

$146,500

Said

accrue.

Bonds

r

,

prepared by Joseph

neighborhood
of $1,000,000, possibly
slightly in
240
excess of this
figure, and he thus
369
had taken up the matter of re¬
589
824 financing with the Borough Com¬

cipal amount thereof and interest

that

No. 4

revenue

In

somewhere

M

so

deemed

.

District

from the first

sum

he receives."

said: / .-//
'//•
"So long as the State's left
hand
is not permitted to know
what its
right hand is doing in a fiscal

were

$100.

and

bonds

inclusive.

-

Township School

re¬

reviewed. The submitted doc¬

uments

missioners, attempting to

On

cently by George T. Carter of Me¬
.//; ./ jv- ridian.. Dated Nov; 1, 1943. Le¬
St. Joseph County (P. O. Center- gality - approved
by
Charles
&
' //
///. vnu), Mich::: ;// /-/ Trauernicht of St. Louis.

Warren

ficient

amount

1713 1714 1720 1784 1818 1829 1840

of

bonds,: payable
Treasurer:
;-,%/4

•

the

;

be free to

explaining these recommen¬
dations, the commission's report

total

849
850
905
907
971 1063 1076
1082 1103 1155 1198 1262 1265 1277
1404 1468 1588 1621 1662 1671 1673

Dec. 1

on

.

592

Gilbert,

price

a

//:'■

302

cease

The

certified check

of

amount

refunding bonds
of $325,000

the

was

J.

of

annual reduction

principal

'■.

its debt out of any revenue it
have available, but whenever
debt charges fall due the State
Treasurer must set
apart a suf¬

//•■_'•;% •/

issuance

in

be

bonds

may

J
agencies. He then stated that the
accrued- thereon
to
redemption only plan under which the bor¬
Biloxi, Miss. ,///;%//
date, together with a redemption
ough could operate successfully
Bond Sale—The $25,000 school
premium of 2% of said principal
would be one carrying an interest
construction bonds offered for sale
amount, and from and after said
on Nov. 6 were
coupon of 2% as against the ex¬
purchased by the
date, interest on said bonds will
J. S. Love Co. of Jackson. Interest
isting rate of 4t/%. In response

.ditioned

.cost of such opinion and printing
of the bonds shall be
paid by the

at

number:

20

National Bank

2s,

as

•

of

follows

245

MISSISSIPPI

eon-

ing the legality of the bonds.

Bank

the Northern

Dulnth,

Dated Dec.

of Act. No. 94, of the Public Acts
of

National

as

bearing the prefix letter

before each

100.028, a basis of about 1.995
according to the District Auditor.

the

to,be

are

and

& Co. of St. Paul,

&

6

1, 1943, to the
respective maturity dates. No pro¬
posal for less than all of the bonds
the interest thereon

Dain

of said, bonds numbered

158, p. 1680—
syndicate com¬

Co., Piper, Jal'fray
Hop wood, the Allison-Williams
Co., Paine, Webber, Jackson &
Curtis, all of ' Minneapolis, the

com¬

Dec.

will be considered.

the

serial

pay

The proposal of the
Borough of
Monmouth Beach looking towards

no

Bond Redemption Notice—Pur¬
suant to the provision of the Trust

village is pledged for pay¬
ment of the bonds and legal opin¬

.cost, interest on premium will, not posed of Kalman
be considered as deductible
interest

Funding

to

an

/"5. The State shall

meeting of the
Commission
on

Oct. 25';../

limited

the

loan.

the minutes of the

an

:

puted

100,27

in

for the year

Dakota County (P. O. Dakota

,

net

further

which call for

Monmouth Beach, N. J.

State

unless

single

a

thirds vote of the
membership of

Esta1.60

appro¬

made

each house of the legislature.
"4. State
borrowing shall

Corp.,

and

Co..

to

with

Nov. 29—v,

1867.)

p.

Colman, Barker, Indenture dated as of Dec. 1,1937,
under which the bonds
.of interest to be in multiples of Scott and Barber of Minneapolis
were is¬
Commercial National
Vt of 1%; Principal, and interest will ;■ be furnished the successful sued, i the
Bank & Trust Co., of New York
bidder.'
.payable at the Iron River National
as Successor
Trustee/has selected
Bank, Iron River. The bonds shall St. Louis
County Indep. Sch. Dist. by lot for
redemption; on Dee/1,
be awarded to the bidder, whose
No. 18 (P. O. Gilbert), Minn; "
4% bridge revenue bonds, out of
'bid produces the lowest interest
Bond Sale—The $84,000 semi¬ sinking
fund moneys available
"cost to the township after deduct¬
annual funding bonds offered for
therefor, $56,000 principal amount
ing the premium offered, if any.
the

&

the

$1,000, payable

the bonds originally

are

scheduled for sale

of the

such redemption shall

determining

100.38

and

at

to the District Clerk.

fiscal insti¬

or

made at the First National

.be in direct numerical order. Rate

In

York,

brook

Mr,

certified check for

designated by
If no desig¬
is made, payment will be

nation

then

must

terest

than

the successful bidder.

payment

dates at. par and accrued interest.
If less than all of the outstanding

.dale,

re¬

Securities

Mew

be

object or
purpose and approved by a two-

100.46

1.60

appro¬

supplementary
may

restricted

following appearances were
Mayor Johnson, Mrs. Eninterest, and all bidders nis
(Borough Clerk) and Mr. Sea¬
state.the lowest rate of in¬
man, the Borough Auditor.
at which they will
purchase

less

crued

1943.
Denom. $1,000.
Due Dec.
1, as follows: $9,000 from 1944 to
1947
incl.
and $10,000. in
1948.
Principal and interest (J-D) pay¬

•able

inclusive.

village

••

1.60

Co.

Dunning & Co...

Union
■

&

single budget

a

par.
The Board of detail
for
the financial condition of, treasuries
favored
$46,000 not to exceed 2% interest Trustees
projects
reserves the right to re¬
the borough, stating that he had from being
funding bonds.
Dated Dec.
established, regardless
1, ject any, and all bids; Enclose a
of the
been

.revenue

rate

:/:■''/ •/;

ceived sealed bids until 7:30 p.m.
on
Nov. 13 for the purchase of

of $30,000 coupon water extension,
of 1943 bonds. ; Interest

are

issued^ The bonds will be sold for
not

..

C. P.

instal¬

opinion and the cost- of zation or serial bonds, will be re¬
printing the bonds shall be paid deemable in full on any interest
by the purchaser.
„
/ payment date from and after half

River Tp.

Pressprich

No

priations

100.55

during a period of fifteen
Seeks to Refund Debt on 2%
from the date of issue. If Basis—The following is taken from

serial

they

in

,

Iron

Bank; Hackensack

principal and interest to be

payable

"3.

1.60

H. L. Allen & Co., R. W.

as the Board of Trustees
determine at the time of sale,

both

1/2

($199,000)

be made in

priation bill.

100,10

Halsey, Stuart & Co. and
Bergen County Nat'l

several

of $31,200
of the said serial bonds to become

on

& Co.

bonds,
may

7' SpPlcer

Graham, Pamn7Tc0:
and MacBride, Miller

amortization

into

Rate Bid

int. Rate

i?"

issued, the is¬

be divided

may

Bidder—

j

214%, payable J-D. Dated
Dec. 15, 1943. Amortization bonds i

$1,000 and $100, the

be

refunding 1

Interest rate is not to

of such

"Wisconsin,

subsequent page.

on a

shall

bonds.

Dec. 15, 1944, and the
unqualified opinion of the pur¬ sum of $30,700 to become payable
chaser's attorney approving the on the same day each year there¬
legality of the bonds.
The cost after. The bonds, whether amorti¬

total

a

interest

the good faith checks.
Bids shall be conditioned upon the

Annuity and Invest¬

ment Board sold

No

purchase

1985

The

over-all

budget

was

re¬

duced from $21,245,151 to $19,133,222
in Mr.
Sprague's executive

budget, but the tax levy was in¬
from $11,140,896 to $11,508,663.
The increase was made
creased

necessary

of

by

$1,400,000.

a

revenue

decrease

THE COMMERCIAL & FINANCIAL CHRONICLE

1986

Nassau

of

residents

Oddly,

County will pay more taxes next

because they have been so
responsive in paying taxes this
year. One reason for the expected
year

*

decrease

revenue

was^that $555,-

in' delinquents tax

000

which normally

in

collected

"collections,

would have been
directly
or

Bewley, according to Younglove, pointed out that the need
erty has been aggravated by Fed¬
eral

through forced sales of properties,
paid up this year.
Other revenue decreases indi¬
cated were $126,000 in gasoline

imposition

of

maintaining property are spiraling."
77:;"7 v
7;-

Certificate

The

post-war

that

possibility

years will make necessary a re¬
turn to home relief on a depres¬

sion scale is envisioned in the ex¬

which sets

ecutive

budget,

fund of

$330,000 for the, post-war

up

a

re¬

ceive sealed bids until Nov. 16 for

April 22, 1944. Issued in anticipa¬
tion

the

of

levied

for

collection

fiscal

the

Nov.

of

taxes

which

year

1943. Denom. of
certificates and place of payment
began

Mr.

1,

Sprague

of $2,-

continue with a reduction

in 1944.
A total of $2,493,000 in county bonds was re?
204,000

'tired in
■/••v The

1943.v

7 //:v/.

•

planning and $45,000 for an addi¬
tion to the tuberculosis hospital at

-V:., 7'7";

;■

'777/; 7/

'

York

New

Plains

(State

of)

A

small

the
was

decrease

:

in

v*'"77

'

the West¬

County tax rate

sult of

White

Nov. 9 had the follow¬

on

ing to say::7;;.7777.:;':7
chester

of

out

report

news

issue the fol¬

county will

lowing bonds in 1944: $100,000 for
road
construction,
$280,000 for
dra&age, $500,000 for acquisition
of
land, $165,000
for post-war

Farmingdale.

Taxes to Show Slight Decline—
A

as

a

re¬

drop of about $253,709 in
net county budget for 1944
a

predicted

by

today

County

Executive Herbert C. Gerlach. Mr.
Gerlach announced tentative pro¬

posals for the 1944 budget to be
filed next Monday with the Board
of

Supervisors. He said the net
for next year will be
Refunding Must Be Emergency— budget
about $7,71O,O0O, compared with
The Buffalo "Evening News" of
$7,963,709 for
1943.
The gross
Nov. 8 carried the following re¬
budget for 1944, he said, will be
port:
77'//" ■
Officials of Western New York about $534,000 less than the gross
villages and cities today were budget this year. The gross budget
special
district
taxes
warned that permission to refund includes
which are collected by the county
municipal debt would be difficult
to obtain from Comptroller Frank solely as an agency for the special
Municipal

Officials

Debt

Told

C. Moore in the next few

years.

Addressing the Regional Munici¬
pal Training Institute, sponsored
by the State Department of Ed¬
ucation, in the Common Council
chamber,
William

Executive
P.

Secretary
of the confer¬

Capes

done

for

other than to lower taxes.

reasons

Refunding will not be granted as
means of pyramiding debt."
Discussing developments during
the last year in the method of
municipal
administration,
Mr.
Capes said a way has been found
Tor municipalities to set up fire
insurance funds by which a mu¬
nicipality insures itself.
He re¬
called that several

moves

to have

the Legislature permit fire insur¬

funds
the

cause

defeated

were

lobby'was

too

"be¬

strong
77

against us."/7,/■/■/;77/; •
"Municipalities now ari permit¬
.

ted to set up

raised

thus

reserves

for capital

in

by

budget,

of'about

amount

county

1944 than it

a

decrease

a

the

be

and

lower

this year.

was

be

to

taxation

the, rate will

that

Buncombe

uled

Tenders

Invited

Dec.

It

in

the

to

First

of

&

son

1.744%.

cost

S. Dick¬

R.

Co./ and First Securities

Corp., Durham, $125,000
100.015, net interest cost

l%s

at

1.749%.

Mackey, Dunn & Co., and Reyn¬
olds & Co., $50,000 iy2s, $50,000
l%s, and $25,000 4s at 100.15, net
interest cost

1.7552%.

ity

decrease

can

the

amount

of

Real

Estate

Tax

Load

to

Be

Stressed In 1944 Legislature—The
Joint Legislative Committee on

Assessing and Reviewing, headed
by State Senator William Bewley,

Transylvania

stated

County

Tenders

(P.

O.

Invited—It

of the Board of

tenders

is

that

he

will

ask

that

a

load

the

in

1944

part of the real estate tax

in

other

Legislature

receive

will

of

the following bonds
26, at noon, dated July
1, 1937, due July 1, 1972:
General

Refund.

the

State

sources

of

be

shifted

revenue,

it

to

was

revealed recently.

re¬

ing-

'
<
'
.7'
,'7 7','/' .7 7 7City of Asheville water refund¬
ing.
7 7v- '7-v
•

,

Assemblyman Joseph R. Young-

Asheville Local Tax School Dis¬

love of Fulton-Hamilton Counties,
Secretary of the Committee, dis¬

trict

closed

District

will

the

that

be

in

recommendation

addition

to fhe

com¬

mittee's proposals
assessment and

|

2

tji/at the entire
assessnpept review
procedure in the.1, Sfptp be re¬
vamped. He quoted Sypafor Bewley

as

saying:

"The sad record of facts is that

the

condition

of

real

estate

worsened

progressively from 1930
to 1940, particularly in the larger
cities.
values

A

40%

was

loss

in real

reflected

the Island of

estate

refunding,
Special

Refunding.
Funding, Series A.
Funding, Series B.
Interest

Funding, Series A.
Funding, Series B.
OHIO

be received until
Nov.

24

(CWT)

noon

on

by Robert P. Tompkins,

City Auditor, for the purchase of
4% Storm Sewer District

$9,000

2A

special assessment bonds.

Denomination

$1,000. Dated Dec.
Interest payable J-D.
Due on Dec. 1 as follows:
$1,000
in 1945 and $2,000 in 1946 to 1949.
1943.

Bidders
of

rate

14

Manhattan, the

area

the world's highest values.
A
destruction of values has taken

place that is unprecedented in the
world's history."




School

Tax

Township Special

refunding.

District refunding.
Woodfin
Sanitary

Beaverdam

School

may

bid for

interest

of 1%.

in

different

a

multiples

of

No bids for less than

and accrued interest.

and

and

Cuyahoga Falls, Ohio
Bond

the

Allen

Offering —Sealed

bond

of

outcome

Memorial

Co.:

Sewer

Sanitary

Sewer

w

*

various

Nov. 2:

on

will be received until

bids

The

ap¬

issue,

amount

noon

of

lost

hospital

8Vz

by

issue $315,000;

Nov. 22, by H. O.

on

close

certified

a

the bonds bid

check

for

Coshocton Co.: In the Clark

En¬

2%

ral

of

for/ payable to the

Tp. Sch. Dist.
Norwalk), Ohio

(P.

Crawford

O.

school

by G.
Reynolds, Clerk of the Board

the

issuance
bonds.

of

$35,000

/7/7///: ////

levy

ru¬

car¬

rural

IMj

and

Galion

In

Co.:

levy

the

was

sanitary

mill

sewer

mill levies were

defeated; in Cha¬
5 mill school levy,
approved; Fairview Village, 1 mill
"The Charter provides that the
school levy, approved; University
City Commission may issue bonds,
Hts,, a .9 mill operating levy, apipsite the 10-mill limit, in any
proved; Warrensville Hts., 2 mill
amount not exceeding 3/10 of 1%
school levy, approved;. Berta,
1
of the total value of all property
mill
levy for Berea Community
listed and assessed for taxation,
Hospital, approved; East Cleve¬
without submitting the same to a
land, $200,000 bond issue for itreet
is reported

follows

as

grin

vote of the electors.

"Since
cess

the

$340,000

was

of said 3/10 of 1%

ask

to

necessary

the

ex¬

mill school

it became

electors

approval of issuing said

bonds

a

3/10 Of

greater

1%.

"The

amount

/",7'7v7/7.'/■■■■

vote

on

this

than
,v;

proposition

required

a majority vote, which
given by a substantial ma¬
jority. 7.;777
77; 7/7/77

was

"However,
vote

it

the

outside

required

issue, to
limitations,

of all

65%

a

bond

favorable

this failed to materialize

issue

was

North
Bond

7

defeated."

Ohio

Canton,

Offering

—

Sealed

will be received until

all
.

bids

end

noon

.

1

levy, approved; Solon
mill school levy, ap¬

levies defeated.

levy

renewed

was

♦

V

'.77

Erie Co.: In Sandusky the

by

an

school
over¬

7-/h/7,

whelming vote.:

Fairfield Co.: School levies car-t
ried by substantial margins in the

Lancaster,

Thurston,

Liberty-

Union and Carroll districts.

vote;

and the

approved

*

Village, 5
proved; Lakewood, 1.7 mill school
levy, approved; City of Cleveland,

to

vote their

in

Falls,

improvements,

in

.

garbage collection

levy, V
defeated; in Salineville, the school
maintenance levy was approved.
Cuyahoga Co.: In Brookpar, 2-1

jected the proposal to issue $340.,It

f

Columbiana Co.: East Liverpool,

Middletown, Ohio
Bonds Defeated—At the general
election on Nov. 2 the voters re¬

000 7storm

the

in Conesville

defeated;
the
Bucyrus
recreational
levy,
de¬
feated; 2 mill levy in New Wash¬
ington, approved; 3 mill village
operating levy, defeated; North
Robinson, 1 mill school levy, ap- *
proved.77v 7/7'' v:;,7; '7 '// 7; ,;7.',/ 7, ;7

Bonds Voted—It is stated

2

district

it did

district.

Hartland

construction

as

district and in Oxford rural school

City Treasurer.

Nov.

school

ried

Geauga Co.:
mill

In

Chardon

*

the

2

school

levy, approved;
in
Twp., a 3 mill levy for 5
years,
approved and in Russell
Twp., the 2 mill levy approved.

*

Troy

Hancock

(EST)

Co.:

/

In

mill

on

*

Ward Rural school district but the

est.

Co., North Canton, or at the of¬
fice of the Village Treasurer. En¬

this included Prairie Rural school,

close

2

Authorized

—

The

$35,000 2y4% semi-annual im¬

provement bonds.
1943.

1954

Due

on

Dated

Sept.

Dec.

1,

1 in 1945

to

inclusive.

than

par and accrued inter¬
Principal and interest pay¬

able at the

a

Harter Bank

certified

check

for

$500,

payable to the village.

*

levy in Marion
Holmes

& Trust

up

in

Bond Sale—The

p.

$1,025,000

cou¬

bonds offered Nov. 10—v. 158,

1682—were awarded to

a

syn¬

composed of Fahey, Clark

(State of)

this

defeated.

was

All

the

tax

m

levies

county Were renewed

the

Millersburg-Hardy,

mills.

2

*

Municipal Bond Prices Decline
—J. A. White & Co., Cincinnati,

the city

reported

on

whelmingly.

With

most

Nov.

10,

markets

as

follows:

generally

Jackson Co.: The 3 mill

Knox

levy in
of Jackson carried over-

Co.:

&

The voters have ap¬
proved the continuation of 5 of 6
tax

Co., First Cleveland Corp., Hay- weaker during the past few days,
Miller & Co., all of Cleve¬ dealer bids for Ohio municipals
land; Weil, Roth & Irving Co., were lowered somewhat, although
Cincinnati, and Paine, Webber, little reduction was effected in of¬
Jackson & Curtis of Cleveland,
fering prices. Our index repre¬
as iy4s, at a price of
100.09, a basis senting the bid side of the market,
of

about

1.234%,

Details

of

the

■

mill; Ripley rural school, 3 mill;
Nashville, 3 mill; Kilbuck, 2 mills;

and

Ohio

Co.:

den,

Sewer

refunding.

District refunding.

elections

less

dicate

refunding.
Water

Biltmore

on

local

iy2s.

City

Bonds

pon

Water

refunding.
Caney Valley Sanitary

East

lows

100.94 for

Council is said to have passed an
ordinance calling for the issuance

Tax

District

District

of

Cleveland, Ohio

Special

Sewer District

fer

Bellmore, 4
Nov, 19 by Lester L. Braucher,
operating levy, defeated; in
general
Village Clerk, for the purchase of Andora, 2 mill levy for operating
election on Nov. 2 the voters ap¬
$12,000 4% storm water sewer purposes, approved; 3 mill school
proved the issuance of the $160,- bonds. Denomination
$1,000. Dated levy in Findlay, approved.
000' 2% fire station
and equip¬
Nov.
Hocking Co:. In Logan the
1,
1943.
Interest payable
ment bonds by a wide margin, ac¬
mill cemetery levy, approved and
M-N.
Due $1,000 -from Nov.
1,
cording
to
the
City
Solicitor. 1945 to 1956. Bidders
levies
were
approved in Gore,
may bid for
Dated Jan. 1, 1944.
Due in 1953. a different rate of
interest in a Goodhop'e,
Green, Laurel, SaltStar-Washington and in
multiple of y4 of 1%.
No bid for creek,
Cincinnati, Ohio

Tax

Weaverville Public School Dis¬

Woodfin

Cleveland of \4

bonds due 1945-54 as
at 100.09 showed little actual

by C. H. Campbell, City Auditor:

Athens, Ohio
Bond Offering—Sealed bids will

trict refunding.

in sales for

of

School

refunding.
Johnson
Special
District refunding.
Reems Creek

The sale today by

$1,025,000

Union

of

Biltmore

School Tax District

as

Trust Co.,
iy4s
Cincinnati, McDougal & Condon, change in the market. The second
and Fox, Reusch & Co., jointly bid
for 100.078 evidences a good
bid 100.077 for iy4s, this being the
underlying
demand
for
Ohios.
second
best offer.
An
account
Moreover, preliminary reports in¬
composed of Bstabrook & Co., dicate
that;/ only
10%
of the
Eastman, Dillon & Co., Paul H. $7,750,000 bonds submitted to the
Davis & Co. and William J. Mer- voters
throughout the state last
icka & Co., offered
100.059 for week, were approved.
iy4s; Stifel, Nicolaus & Co., 101.03
Result of Local Bond and Tax
for
iy2s; Halsey, Stuart & Co.,
Balloting — A bulletin issued on
Blair & Co., Inc., E. H. Rollins &
Nov. 4 by the Ohio News Bureau,
Sons, and George B. Gibbons &
Inc., of Cleveland, reported as fol¬
Co., Inc., joined in making an of¬

bonds.

School

Buncombe

funding.
7
7
City of Asheville Series 2 fund¬

following:

Third

County Com¬

until Nov.

par

.,

the

were

Education, that the voters ap¬
proved at the general election on

by E. Carl Allison/ Chair¬

missioners

1,

Series

1954

to

of

Brevard), N. C.
Bond

ceived

City of Asheville

1945

grade bonds today was
compared with 1.20% a
week earlier, and for 10 lower
grade bonds 1.60%, against 1.56%.
1.24%

Among other bidders at the

sale

H.

proving opinion of Squire, San¬
County refunding.
Buncombe County Series 2 re¬ ders & Dempsey of Cleveland will
be furnished at the city's expense.
funding.
Buncombe
County
Series
2 Enclose a certified check for $200,
funding. ^'7777,7 /
77// payable to the city.
City of Asheville general re¬
Barberton, Ohio
funding.
V
Bonds
Voted—At
the

lire insurance it carries."

dat¬

are

for 10 high

Cleveland will be furnished.

Harriman

this fund

municipal¬

on

interest

Corp., New York,
Fox, Reusch & - Co. $25,000
4y2s, $40,000 2s and $60,000 lLts
at 100.17, net interest cost 1.702%.
and

H936:

a

from

1

1.42% for 20 Ohio bonds. The yield

sal£

columns

Ripley & Co., Inc.—
$100,000
l%s, $25,000
iy2s,
at
100.19, net interest cost 1.7242%.
Chemical Bank & Trust Co., New
York, $125,000 l%s at 100.10, net

son—$100,000 l%s, $25,000 lLts at
100.53, net interest cost 1.6907%.
Union Securities

improvements," he explained. "As
increases,

these

votes, *
(EST)
the 1.5
'7/ 77 *
Bolich, City mills tax levy, defeated.
Auditor, for the purchase of $80,Ashtabula Co.: 3 mill levies in
000 2% refunding bonds. Denom¬
Coldbrook,
Dorset,
Ostenburg,
ination $1,000. Dated Dec. 1, 1943.
Newline, Richmond, Williamsfield,
Interest payable J-D. Due $4,000
Pierpont, Wayne, Conneaut City
June and Dec. 1, 1948 and 1949, and
Conneaut Twp., Geneva Twp.,
$5,000 June and Dec. 1, 1950 to and Harpersfield, approved;
in ^
1953j and $6,000 June and Dec. 1, Andover, 2 mill tax levy, defeated.
1954 and 1955.
Bidders may bid
Auglaize Co.; The village and
for a different rate of interest in
township of Wapakoneta the levy
a
multiple of Lt of 1%/ No bid
for school purposes, approved; tax
for less than par and accrued in¬
levy for Bucklan school, approved;
terest.
The approving opinion of
levy for Cridersville, approved.
Squire, Sanders & Dempsey of

158, p. 1778—Halsey, Stu¬
art
&
Co., Inc., bid 100,10 for
100,000 lV2s and.$25,000 3%'s, a
net interest cost of 1.609%. Shields
& Co., and Scott, Horner & Ma¬

No.

.

Dec.

on

1963 and 1964, and

inch—v.

authorizing
their issuance, tenders will be re¬

by the Sinking Fund Com¬
mission until Nov. 26, at noon, for
purchase by the respective sinking
funds, in the name of and on be¬
half of the issuing units of the
following bonds, all dated July 1,

ly

$25,000
3Lis, maturing from 1946 to 1950

is

orders and ordinances

sched¬

—

26

Ashe-

—

election

7.

Oct.

Interest

by Curtis Bynum, Secre¬
tary to the Sinking Fund Com¬
missioners, that pursuant to the
provisions of the respective bond

reported

$75,000 air¬
submitted to

Raleigh, N. C.
Following were
the unsuccessful bids for

on

due

for

stated

is

of

in

All of the bonds

Fifth

be

an

Oct. 25.

incl.

Sewer

Michigan Corp., New York, on a
bid of 100.004 for $100,000 lV2s,

ville), N. C.
Bond

and

$125,000 bonds awarded by the

city

How¬

O.

at.

Bids

among

the

Westchester.

(P.

issuance

for

Other

CAROLINA

County

refunding.

Election—It

voters

given

ed Dec. 1, 1943 and mature serial¬
and

Water

Water

bonds will

port

the county budget comprises

NORTH

District

refunding.

the

the

fifth of the total budget in most

local communities in

real emergency.

a

a

ance

$253,709

refunding.

Buncombe

District

man

there will be

ever,

of Albany, stated:
"Refunding must be

ence,

There must be

districts.
Under the tentative net

and Water¬

Water

Swannanoa

Dated Nov. 22, 1943 and due

7 "7-7 77777/,7//7
to be agreed on by the purchaser
said that county
and the county. Legal1 opinion of
expenditures were cut $1,053,000
Hawkins, Delafield & Longfellow
in the budget, but the saving was
of New York City will be fur¬
offset by the expected losses in
nished the successful bidder.
revenue.
The program initiated
by Mr. Sprague of reducing the Westchester. County (P. O. White
Plains), N. Y.
county's bonded indebtedness will
period.

South

Watershed

Bond

Offering —Nicholas

Pirro, County Treasurer, will

ness.

Ward

various issues included in the
were

Morganton, N. C.

$257,480 in State aid for
the purchase of $1,500,000 tax an¬
home relief.
/7777,v/--. 77\7^
ticipation certificates of indebted¬
r

Sewer Dis¬

Sanitary

shed District

Onondaga County (P. O.
Syracuse), N. Y.

were

taxes and

Hazel

ceilings

rent

"while the costs of operating and

1944

•

Fairview

trict refunding.

for relief of taxation of real prop¬

Monday, November 15, 1943

levies, the

burg

school

in Blandens-

one

district

alone

being-

defeated.
Jefferson
road

Co.:

2

mill

levy

for

building, defeated; the tax
in yields, declined from 1,33% to levy at Mingo
Junction, defeated;

,

.Volume 158
tax

levy
defeated.

THE COMMERCIAL .& FINANCIAL CHRONICLE

Number 4229
Greek

Island

in

not

-■

Lake Co.: 8 levies

ranging from

1 to 3

mill, these in addition to the
Painesville city school levy, have
all passed.

to

the

State

The

Co.:

Levy for main¬

tenance of floodwall carried.
Co.;

proposals

in

but

ing the impact of unemployment

estimated

extent

by
Equalization.

of

Board

actual

11.47

decreased

taxes

the

decrease

date

to

is

special tax levy
Amherst were de¬

tained

22.03%

a

increase.

Oberlin

2

levies, one a renewal
for support of Oberlin College li¬
brary and the other for village
of

maintenance

Westwood

ceme¬

tery, both approved; the Camden
school levy of 2 mills, approved;
Fairview; 3 mill levy, approved;
Eaton
school
district levy,
ap¬
proved; Grafton
school district
levy,
approved; ; East Carlysle,
levy approved; Pennsfield, 1 mill
levy approved; South Amherst, 3
mill levy approved; the LaGrange
village levy for operating ex¬
penses was defeated; in Elyria the
$15,500 bond issue for street and
improvements was defeated.
Co.: In Toledo, the levy

sewer

Lucas

for the tuberculosis

hospital, ap¬
proved; 2 other levies for the re¬

tirement

of

debts

of

the

Bond
W.

Call—City

Howard

Bondholders

liver

unmatured
tached

Mahoning

Lowellville,

side school, approved; in North
Jackson, special levy, approved;
Niles, 5 mill levy for city parks
and 2 mill levy for city recrea¬
tion, approved; Leetonia, 3 mill
levy for school operating pur¬
poses,
approved; North Lima, 3
mill levy for school purposes, ap¬
proved; Girard, 2 mills for city
and schools and Vz mill for city
operating
expenses,
both
approved. :
;;'% :■ A

•.

Bonds

H.

Ohio

Voted—Village Clerk G.

Sowers

that

states

the

voters

approved the issuance of $8,000
fire-fighting equipment bonds at
the Nov. 2 election by a count of
483

Dated

April 1, 1944.

Due in 1946.

Solon, Ohio

.

Sealed

again

Tenders

Invited—It

stated by W. F,

is

Robishaw,

Village Clerk, that he will receive
sealed tenders until

(EWT)
on
Nov. 29 of bonds dated July
I, 1938, and maturing July 1, 1963.
noon

All tenders shall state the

ber

of

num¬

bonds

offered, the price
they are offered and
whether such price includes ac¬
which

at

crued

All

est

interest to date of delivery.

purchases made

such

tenders

will

pursuant

be

at the

to

low¬

of

partment

the

Bank & Trust

and

First

will

Springfield, Ohio
Defeated—At

eral election

Dec.

interest

cou¬

the

gen¬

Nov. 2 the voters

on

receive sealed
bids until 2 P. M.
(Pacific war
time) on Nov. 24 for the purchase
of $1,470,000 not to exceed 2%%
series A coupon refunding bonds.
Dated Jan. 1, 1944. Denom. $1,000.
Due Jan. 1, as follows: $50,000 in
1948; $52,000, 1949; $54,000, 1950;
$56,000, 1951; $58,000, 1952; $60,000, 1953; $62,000, 1954; $64,000,
1955; $66,000, 1956; $68,000, 1957;

$70,000, 1958; $72,000, 1959; $74,000, 1960; $76,000, 1961; $78,000,
1962; $80,000, 1963; $82,000, 1964;
$84,000, 1965; $86,000, 1966; $88,000 in 1967 and $90,000 in 1968.
Any or all of the bonds maturing
1968

incl.

callable

are

30 days' published notice, in
numerical order, at par and ac¬

upon

.bonds.

drainage

.V,'/-■

Refunding

Bonds

The City Council

over

which

runs

bridge

Approved

—

is said to have

bonds,, maturing
budget.

under

the

Approved—It is reported

that the State Board of Tax

Ap¬

peals authorized the city recently
to issue $35,000
bonds to meet

operating

refund bonds

and

expenses

maturing during the

the

to rate

as

a

a

spanning

the

new

'

,

could not afford

penditure
000,000.

of

news

awarded

to

taxable for its

so

"purposes. 1 The

of

by the

Sale

Bond

R.

—

area

commission

for

the

first

rough

H.

sale

Nov.

on

paying

a

of

basis

a

ex¬

about

bonds

the

will

bidder

be

offering

Nov.

on

Scribner

Sales,

cigarette

maintained




their

the

The

the

&

Affairs.

and

par

income

holders

suc¬

to

able

for

received

for

less
or

of

private

the

character shall

by the terms of

income

same

be

tax¬

companying
turned.

his

The

bid

will

re¬

will

purchaser

be

re¬

without

charge the opinion
of Burgwin, Scully & Churchill of
Pittsburgh that the bonds are
valid, general obligations pf the
township. The right to reject any

of

102.63,

basis

a

the

said

bonds

shall

name.

Each bidder is asked to include in
bid

statement

a

of

net

his

bid

be

100.188

Blair

were

&

for

a

•Bidder—

city

in the

The

said

of

sum

will

will

be

to

or fail or neglect to
complete his purchase in accord¬

The

the

of

his

bid.

city will furnish to the

suc¬

terms

cessful bidder the unqualified le¬

to

the

the

legality

of

the

bonds

regularity of their issue.
Portland, Ore.

_

_

of Nov.

York
10

"Herald

Trib¬

Park

For

National

Portland

employ
years,

-100.937

Commissioner

Robert

of post-war

and

to

improvement

cost

20,000

con¬

$75,000,000

persons

for

of

Lansdowne

Bond
annual

certificates.

offer

to

the

they

should

ma¬

the

state

price, not exceed¬

Bond

that

-

—

_

_

_

100.00

sale

Nov. 4—v.

on

willing to sell the

158,

Tenders

Corporate Trust De¬

partment

noon

be

re¬

(EWT)

on

Johnson

Co. of Philadelphia, as Is, at
price of 100.43, a basis of about
0.92%. Dated Nov. 1, 1943. Due

Nov.

on

1

in

1944

to

1958

of

1943

Increase Shown in Current Tax

M.

In
were

as

M, Freeman & Co.___

First

1

Rate Bid

%

Bank,

100.00

IV2

101.39

1%

for sale

of

about 0.71%.'
Due

100.20,

on

Other

lows:

Dec.

Dated Dec.
1

close

"

a

in

1944 to

tinue

able

1953.

on

were

.

as

fol¬

receipts

months

reported
until

Interest

Aug.

be sold at par and accrued inter¬
est to date of sale.
Principal and

interest payable at the City Treas-»
urer's office.
;

TENNESSEE

Murfreeshoro, Tenn.
Bond Offering—W. M.
Draper,
City Recorder, reports that he will

receive
chase

2%

sealed

of

bids

$148,000

electric

in

Collections

1942.

year total $39,140,721
$38,235,394 in 1942.

as

for

not

system

the

to

revenue

funding series A bonds.
J-D.

Dated

nomination

Dec.

pur¬

exceed

1,

$1,000.

re-;

Interest

1943.;

Due

De¬

,

June

1,

as

follows: $27,000 in 1956, $39,000

in

1957, $40,000 in 1958 and $42,Optional for redemp¬

000 in 1959.
tion
on

a

in

inverse

numerical

order

interest payment date at
premium of 2%% if redeemed
any

before

or

thereafter
the

June 1, 1948, and
premiums reducing

at

rate of

The bonds

lA of 1%

of refunding

amount

of

year.

like principal

a

Electric

series

nue

per

issued for the pur¬

are

System

reve¬

A

bonds, and will be
payable, together with the unrefunded bonds of series A and such

other obligations as may be isued
on

a

parity under the provisions

of the resolution

authorizing said

bonds

net

be

from

the

revenues

to

derived from the operation of

the

city's electric distribution

tem.

Bidders

are

rate

or

multiples

of

a

sys¬

requested
of

rates

J/4

of

to

interest

1%,

and

bonds will be awarded to the

re¬

sponsible

re¬

sults

in

bidder
the

whose

lowest

bid

interest

cost

city without consideration

accepted

for

accrued

in

except
less

interest

the

case

No bids will be

than

to

and

par

Dec.

1,

1943.

The city will furnish the approv¬

ing opinion of Chapman & Cutler
of Chicago, and all bids must be
conditioned.

so

the

In

order

to

availability of the

as¬

pro¬

ceeds of the bonds by Dec. 1, 1943;
use in paying the bonds which

for

have
on

been

called

for

redemption

thjat; date,

each bidder must
accept delivery of the

agree

to

bonds

noitj'lajer than Dec, 1, 1943.

Enclose
of the

decertified

check for 2%

bonds, payable to the City

Treasurer.
Tennessee

con¬

the upgrade,

this

against

Debt

(State of)
Study Compiled—A

phlet

on

State

of

maturity

pam¬

the debt structure of the
Tennessee

calendar

and

for

a

all

bond
of

its

outstanding obligations as of Oct.
15, 1943, has been compiled by
Equitable Securities Corporation.

'

Receipts

bids
,

0.75s,
basis of

is

received

before maturity after three
from date. The bonds will

years

year ago.

showing an
increase of $905,327 this year as
compared
with
the
'same
10

as

1, 1943.

decrease of $3,022,337.51

pared with 1V2 % a
Current city tax

Nov, 4—v. 158, p. 1584
awarded
to
the
Union

price

a

from last year.
The present rate
of the tax, however, is 1%, com¬

$198,000 semi¬
bonds offered

Pittsburgh,

bonds.

Dated

sure

comparative report for the

702.59,

100.001

on

of

a

$20,650,000

year.

that city ..wage tax collections thus
far this year amounted to $17,396,-

(P. O. Erie), Pa.

Sale—The

refunding

a

total

against the corresponding 1942
period, Mr. Marshall pointed out

Law¬

Erie Sch. Dist.

at

will

as

101.30

Bank,

Co., New Castle-

Bond

tax

first 10 months of the Current year

100.91

1%
iy4

National

Nat'l

rence

follows:

Int. Rate

Singer, Deane & Scribner
Peoples

Taxes, show that rev¬
from the
city's municipal

wage

in¬

was

payable
2, 1943.
Due
Aug. 1, as follows: $1,000 in 1955,
and $6,000 in 1956 to 1959.
Call¬

F-A.

premiums

enue

3s

24, at 10 a.m., by Anna M.
GoetzyCity Auditor, for the pur¬
chase of $25,000 2%
airport series

of identical bids.

:;-v;■"

during the current

Other bids

be

of

clusive.

Bidder—

will'

fered:

Receiver of

H.

for

Offering—It

bids

the

&

R.

Second

DAKOTA

to

a

to

101.399

Nov. 19 and they must specify the
numbers
of
the certificates of¬

1584—

p.

until

will

Receipts—Figures given out on
Nov. 5 by W. Frank Marshall, City

awarded

were

of

incl.

Nov.

in

ceived at the

—

1953

Yankton, S. Dak.

name

certificates.

of

to

SOUTH

ing 103% and accrued interest, at

100.02

Sale—The $58,000 semi¬
borough bonds offered for

and

by any American city for cushion¬

wish

amount and the

Ellwood City, Pa.

two

the first such plan initiated

mentioned

holders

turity

2i/2% Bonds

Bank

annual

a program

struction

-

above

the

1

by E. H. Rollins & Sons.

which they are

reported in part

follows:

the

to

certificates of that issue and

dispatch from Portland

New

the

-

M. M. Freeman & Co

Schmidt, Poole &Co

Moses Submits Post-War Plan—
A special

If

Bank, Upper Darby—___100.13

$30,000.
draw.

draw his bid

with

Rate Bid

>

not

forfeited

the said city as liquidated damages
should the successful bidder with¬

ance

%

Reynolds & Co._
Upper Darby National

accepted. Each

deposit

but

reports

credit balance of

the

Schmidt, Poole & Co.__,__102.537

accompanied by a certified check
upon a solvent, bank in favor of
said

1% % Bonds

1,

Nov.

011

bid

pose

Philadelphia,'

May 1, 1957, the existence of
$535,575 in the
sinking fund account which is ap¬
plicable toward the purchase of

Co.,

follows:

as

$3,000

high

at

due

of

by

due

Nov.

made

of

any,

be

Lati¬

bid

made

and

as

basis

a

Dated

1944

Assistant Secretary of the
Fidelity-Philadelphia Trust Co.,

be delivered

for

W.

mer,

of

Butcher

from

on

holders of Philadelphia Gas Rev¬
enue Trust 314% trust certificates

high

For

Wanted—H,

;

Dated Nov, 1, 1943.
1
in 1944 to 197L

Nov.

on

Other bids

considered and will

any,

Tenders

Singer, Deane &
Pittsburgh, as l%s,

about 1.31%.
Due

Philadelphia, Pa.

1584—

p.

2.698%.

Federal

any

the contract to purchase the bonds
and in such case the deposit ac¬

ceive

to

Philadelphia,

tax

law, the successful
may,
at his election, be
relieved of his obligation under

Dated

of

price of 100.26,

a

about

1943

$30,000 funding
9—v. 158, p.

Nov.

awarded

Sherrerd

bidder

Other bids

158,

&

same

interest

by

bonds

F/a.

offered

1683—were

principal

bid

No

accrued

from

type and

$50,000 bo¬
offered

bonds

bonds

The bonds will be sold to the

the

1.136%.

4—v.

of

price

a

Trust Co.

taxes

be

as

"

-

.

Bond Sale—The

of

bonds.

accepted.
In the event that
prior to the delivery of the bonds

awarded to

—were

$21,818,797.

of

Bids should be addressed to

funding bonds offered for

Moses of New YTtrk recommended

Increase.

must

the

Rate

multiple

and

registerable

than

follows:

was

as

amounted

a

of

Internal

$75,-

Johnson

1953 to 1959 inclusive.
were as

today

year

1958.

in

proceedings by the Department of

Nov. 1, 1943. Denomination $1,000.
Due Nov. 1, as follows: $10,000 in
1948 and $5,000 in 1949 and from

with the same period last
year was shown in a report Sat¬
urday.
this

1%

all

10.

158, p. 1682—
price of 101.139 for l%s,

months of this fiscal year as com¬

Collections

to

be

highest responsible bidder subject
to
approval of the authorizing

8—v.

IVzS

tax

pared

of

1954

to

be

were

bonds

coupon

Inc.

une"

four

in

Secretary at 504 Clairton Road, R. D. No. 6, Pittsburgh

after

than

cessful bidders for the

fered, if

tax

Oklahoma

exceed

general

Swoyerville School District,

:

Nov:

22, by William
Secretary of the

the

refunding bonds by a count of
96 to 22,
according to F. S. Cook,
Borough Secretary,

of

are

unem¬

Voted—At

Nov. 2 the voters ap¬
proved the issuance of the $20,000

p.m.

of

only.

of

justify the

Co., of Philadelphia,

Ellwood City

in

bids

7:30

the above

more

Second

to

2.27%

until

.

to the city the lowest net interest
cost upon the issue, premium of¬

of)

item:

101.207

1942;

Allegany, Pa.

on

2%s, at

!4

Amhridge, Pa.

at

Receipts Continue Increase

increase

.7.*; :

(V. O. Large), Pa.

Tp.

Killgallon,

for

PENNSYLVANIA

its of said city

as

-—The Oklahoma City "Daily Oklahoman" of Nov. 5 carried the

vj';

Bonds

election

for less than all of the bonds will

amount, upon all the real or
personal property within the lim¬

and

(State

'

&
—114

received

interest

'

or

i

'

A.

____

on

$4,000

Columbia

outskirts

Port

A >•',

6%, payable
J-D. Denomination $1,000. Dated
Dec. 1, 1943.
Due Dec. 1, as fol¬
lows: $3,000 in 1944 to
1953, and

Vancouver, Wash.,

northeast

compared with

rate is not to

interstate

new

and

a

slight drop in delinquent city and
school tax collections, but water
rent
receipts jumped $52,768 as

Commissioners, for the
purchase of $50,000 coupon gen¬
eral
obligation bonds.
Interest

might number many more
20,000, but. that Portland

were

opinion of Wood, Hoffman,
King & Dawson of New York City,

OKLAHOMA

beer

C.

war

than

gal

of 1943.

Oklahoma

and

and

the

city without limitation
or

interest

Zanesville, Ohio

to

Portland,

be

Board

-1

the Willamette River,
through the heart of

River between

sale

bid must be unconditional and

approved the refunding of $215,-

collections

around

bridge

848 last year.
Mr. Marshall's report showed

100.519

Offering—S ealed

(EWT)

day, stresses the development of
arterial
highways through

and

jointly

will

announced to¬

as

Sons

&

Bond

new

annual

should

Youngstown, Ohio

An

His program,

'

1

100.08

Jefferson

was

New York State.

100.52

Dolphin
...

&

■;.

v

l

being $27,022,486 against $26,401,-

100.15

had

Moses

and

Co., Inc. and
Webster
Dougherty

responsible in New York City and

able from ad valorem taxes of said

total

following

Mr.

"v

&

1

Blair

,

after

Tax

which

Co.

Rollins

100.65

Bidder—
;
%
Int. Rate Premium
Jan. 1, 1949 and -Ambrldge"National Bank— lV* %
$250.00
Singer, Deane & ScribnerV 1 lA
55.00
upon any subsequent interest pay¬
Moore, Leonard & Lynch.. 1%;
t 269.00
ment date.
Principal and interest
or all bids is reserved.
Enclose a
(J-J) payable at the City Treas¬ East Lansdowne Sch. Dist. (P. O.
certified check for $1,000, payable
urer's office. The principal of and
East Lansdowne), Pa.
to the township.
interest upon the bonds are pay¬
Bond Sale—The $60,000 semi¬

the

remainder

for

'

1

Greenwood & Co,, jointly

improve¬

crued interest, on

interest cost to the city
deduction
of
premium,
if

current

ments

playground

ployed in the Portland
Atwood,

K.

his

and

sewer

Bonds

and

Mr. Moses said that the

$150,000

1944

terial

and

City Auditor, will

to

who

men

Chicago
Keen,
Close

1

assisted in the development of ar¬

buildings

to

Astoria, Ore.

1950

trained

Savings

Co., jointly

H.

Co.,

ac¬

bonds

OREGON

in

highly

&

Yarnall & Co.,
jointly.;.Reynolds & Co. and H. T.

Mr. Moses brought here a staff

Portland.

Offering—O.

&

E.

American cities to follow.

of

Co.,
100.81

Stroud &

pattern for other

a

Price Bid

and

&

Kernel", and Newburger
Hano, jointly

His

bonds,

6, 1943, and for interest
due Nov. 6, 1943.

pons

set

may

Co.

&

un¬

peace comes.

&

Freeman

Trust

Rambo,

the city, a sewage-disposal system
to clean up the river, new school

said

on

Johnson
M.

Bank,

great

for

turned down the proposal to issue

000

study

where

immediately

Rate

jointly

geared to

made

be

the face amount of the
crued

National

Co., Oklahoma City,

remittance

complete, at the ex¬
pense of the city, at such city in
Oregon as "the successful bidder

offering price.

Bonds

at¬

coupons

H,

Harris

,

167.

to

with all

bonds

Toledo

special tax levy to improve North-

Rossville,

the

interest

including interest coupons
6, 1943, to the Trust De¬

Bond

In

Co.:

ceases.

due Nov.

defeated.

were

J.
all

requested to de¬

are

mail

or

of the Toledo school dis¬

expenses

that

interest

date

Public Library and for operating
trict

Treasurer

announces

Optional Refunding
bonds, Series "A" and "B," dated
May 6, 1940, maturing May 6,
1960, redeemable at the City's op¬
tion on any interest paying date,
are called for payment on Dec. 6,
which

Portland,

employed when

outstanding

on

industries

numbers will be

Okla.

Sapulpa,

in

ness

feated

including Vz mill levy for
hospital operations and tljie other
for village
operating purposes; in

population of

war-time production, the city em¬
ployed Mr. Moses at a fee of $100,000 to make plans for the devel¬
opment of post-war life and busi¬

main¬

collections

its

and

war

an

tax

Income

R,

end.

normal

340,000 swelled to 500,000 by the

reflected.

2

its

1987

Bidder—\
M.

With

the big ration cut is not yet

ever,

the war's

at

estimated'de¬
of not less than 15%. How¬

against

crease

Lawrence

Lorain

■Gasoline

Twp,,

from

taxes reflect

an

current

increase of

school
$620,-

637, the total for the current year

The

study includes the most

cent

State

financial
in

which

statement
net

debt

of

re¬

the

is listed

THE COMMERCIAL & FINANCIAL CHRONICLE

1988

A brief discussion

$83,751,761.

as

of Tennessee's

financial situation

and its various classes of

debt, to¬
gether with a discussion of the
law authorizing these obligations,
Chapter 165, Public Acts of 1937,
are also included in the study.
A limited

supply of these pam¬

phlets is being distributed by the
Equitable Securities Corporation's
Nashville office.

TEXAS

/

Culberson County

(P. O. Van
Horn), Texas

of

all

for

the bonds.

The

is

price offered must not be less than
par
and accrued interest.
The
bonds will be aw&rded to the bid¬
der whose bid produces the lowest
interest cost to the City over the
life of the bonds, after deducting
the premium offered, if any.
In
addition to the price bid the pur¬
chaser must pay accrued interest

by Leo Dacus, City Clerk,

from the date of the bonds to the

reports
$36,000
road
and bridge refunding
bonds offered Nov. 8, has been
Judge;

County

Carson,

that action on the sale of the

deferred to Dec. 16.

;

Spearman, Texas
stated

Invited—It

Tenders

Bond

the

City Board of Commis¬

exceeded estimates, the
surplus would be drained pff into

1944, Jan. and July 1, 1945 and
1946, $30,000 Jan. and July 1, 1947,
4s, $835,000 maturing $30,000
Jan. and July 1, 1948 and 1949,
be received until noon (EWT), on
$45,000 Jan. and $70,000 July 1,
Nov. 16, by Charles B. Borland,
1950, $100,000 Jan. and July 1,
City Manager, for the purchase of
1951 to 1953, as 2s, and $2,030,000
$1,000,000 coupon or registered
maturing $100,000 Jan. and July
general improvement bonds.
In¬
ly 1954 to 1962, and $100,000 Jan.
terest rate is not to exceed 3%,
and $130,000 July 1, 1963, as iy2s.
payable
J-D.
Denom.
$1,000.
The city may, at its option, call
Dated 1, 1943.
Due $100,000 from
all
or
any
of the outstanding
Dec. 1, 1953 to 1962.
Rate of in¬ bonds for
redemption on Jan. 1,
terest to be in multiples of one1955, or any interest paying date
tenth of 44 of 1% and must be the
thereafter, upon 60 days' advance
same

Postponed—Burch

Sale

Bond

that

VIRGINIA

Norfolk, Va.
Bond Offering—Sealed bids will

date

of the

payment of the pur¬
Issued to finance im¬

revenues

as

tax

were

as

Freres

said issue..

■,

give

tion

assessed

in

value

Wendt said

Mr.

make tax

several

factors

Maine's
three weeks
and
Kansas's two weeks. Twelve others
ago,

1, 1944, he said. On that date

almost

will

at'

end

an

Sat

will

be

be

retire

used to

000 has been

it, will be

appropriated for 1944

debt principal and

to meet

inter¬

and

;

He

further

noted

that

the

have been fairly well established

more

1941

improve¬

the return of the amount deposit¬

Series C
J-D.
Dated Dec, 1, 1940.
Due Dec.
1, as follows: $1,000 in 1953,
$2,000 in 1954 to 1968, and
$3,000 in 1969 and 1970.
No
callable option.'

31,000 23A% air-port, Series 1941
bonds.

Interest

payable J-J.

1941.

ment. The issue

bid.

The

approving

Due Jan.

V.

urer.

held

authorized at
on

an

Bond

Sale

with

The

par

light and power revenue
1943, Series A (Callable) bonds

Nov. 4—v. 158,
p. 1588—were awarded to a syn¬
dicate composed of John Nuveen
on

2,405. In Nebraska's
Legislature, 446 bills'
introduced, of which 240 be¬
law—44 more than passed in

to

on

a

form

furnished by the City and
must be unconditional except fail¬
be

to furnish favorable

ure

Thomson

Wood

&

option by

Hoffman

of

New York.

Principal and interest
payable at the City Treasurer's
office, or at the First National

Bank, Waco.

All bonds

ed

the

and bear

are

print¬

approval of the
Attorney-General. The purchas¬
er

will be given an approving op¬

tion

by Thomson, Wood & Hoff¬
man
of New York, on
delivery,
otherwise upon failure to furnish
such

bid

opinion, acceptance of
be automatically

shall

celled

and

sidered

as

of

no

effect and

any
can¬
con¬

not accepted and check

returned to successful bidder. En¬

close

a

certified

check for 2%

of

the par value of the bonds bid
on,
payable to the Mayor.

taxes, and

authorized

Series

B

are

issue

bonds

part of

a

amount

on

the

&

Co.,

all

bonds divided

ditional

construction

funds

as

follows:

Indiana, inc.

study the suggestion before act¬
ing upon it.
Mr. Wendt expressed belief that
the

Common Stock

at

tax

ation.

The

since

Bought—-Sold—Quoted

rate

could

be

stabilized

$21 for $1,000 of assessed valu¬
1928

has
a

of $26.05 to

year

in

rate

from

1934.

The

a

rate

fluctuated

high

in

that

low of $23.24
last year was

$23.29.

Bear, Stearns

&

Co.

Members New York Stock Exchange

ONE WALL

STREET, NEW YORK

one

Dfgby 4-8500

CHICAGO; 135 SOUTH LA SALLE STREET—Stale 0933




plained,

plan, Mr. Wendt

ex¬

if the revenues fell off
the unexpended bal¬
surplus revenues^ set

year,

and

aside from previous years, could
be rushed into the breach to
keep
the tax rate from

going

up.

If the

1941.

The

California

Legislature

en¬

acted the largest

number of meas¬
ures—1,137. Connecticut was next
with

982, Maryland with 948 and

New York with 712. At the bottom
of

list

the

new

with

Arizona

was

96

lawsY'.■-

V;.

UTAH

Utah
Tax

(State of)
Climb—A recent

Receipts

Dec.

15,

1959,

Jan.

15,

1954,

follovys:

2%s, due

2%s,

197,000

3'As,

corporation fran¬
chise,
$390,313.45
($520,276.23) j
beer, 70,829.18 ($71,232.77); cigar¬

1,

1957,

due

June

1,

1949,

ette,
$240,736.46
($227,316.31);
inheritance, $92,392.14 ($111,163.54); oleomargarine, $33,343 ($29,933); motor vehicle registration,

1,

1950,

lunch

109.088..

at

$68,869.03

■

due

June

due May 1,

1949, at

Canada

syndicate composed of Hal-

Co., Inc., Field,
Cleveland, CrutCo., Chicago, R. S. Dick¬

sey,
Stuart &
Richards & Co.,
tenden &

son
& Co., Charlotte,
laney, Ross & Co.:

Mul-

and

$50,000 2%s, due Jan. 15, 1956, at
106.81.V
"Vy..A
•

224.000

2%s, due Oct.

107.25.

at

Debt

Corporation reports
For several

ticularly true since the outbreak
when the large expenses

of war,

of government

1954, at

in the

war

1939, the total outstanding debt of

municipal
governments
in
was $1,228.6 million.
By
of 1942, it had declined

Canada
the

1,

have been concen¬
outlays of the

Dominion treasury. At the end of

110.

due June

follows:

years

trated

,

145,000 3s, due Dec. 15, 1955, at
4s,

as

both provin¬
cial and municipal debt in Canada
has been declining. This is par¬

all

117.24.

—

(Dominion

Reported

A ;

109.70.

25,000

of)
in Municipal
The Dominion Securities

Decline

1956,

15,
;

:

177,000 3s, due Dec. 15,

.

school

CANADIAN SECTION

;

112.821.

.

($75,948.70);

fund, $129,990.62 (none).

109.978.

at

79,000 4s,

To

and

June

107.048.

at

200,000 3%s,

-''A v;

■

Income

due

106.848.

at

Receipts of other taxes in the
with last year's
figures in parentheses, were as

last four months,

end

1953, at $240.9 million, and at the end of
last year was $987.7 million. The

To
Harris
Trust
&
Savings direct funded debt during
this
Bank, Chicago:
period declined $162.9 million,
$75,000 2%s, due Jan. 15, 1958, at guaranteed debt $8.6 million, and
107.06.
bank loans $69.4 million. The abil¬
30,000 2%s, due Oct. 15, 1961, at ity to reduce the debts has been
107.74.
brought about both from larger
15,000 3s, due Dec. 15, 1958, at revenues and from a strict control
of ordinary and other expenses. It
110.31.

To

Ryan,

Sutherland

&

Co.,

$55,000 3s, due Dec. 15,

is estimated that the

will realize

Toledo:

1949, at $31.7

108.31.

Under his

ances

1959,

104.748.

181,000

are

the proposal with
enthusiasm, but
said they wanted more time to

1,

at 106.728.

of

of the City Board of Estimate.
Members of the board received

June

55,000 2%s, due Jan. 15, 1957,

of

$135,000 maturing $15,000 July 1,

Public service Co. of

at

5,000

$2,000,000 will be issued when ad¬

Chicago, required.
First Cleveland Corp., of Cleve¬
WISCONSIN
land, Ryan, Sutherland & Co., of
Blair, Wis.
Toledo, Robinson-Humphrey Co.,
Bond Election—At an election
of
Atlanta, Martin, Burns & Corbett of Chicago, Boettcher & Co., on Nov. 15 the voters will con¬
sider an issue of $20,000 bonds to
of
Denver, Braun, Bosworth &
Co., of Toledo, Hartley Rogers & finance completion of a sewer
Co., of Seattle, R. S. Dickson & system project which was started
under WPA labor in 1942.
Co., of Charlotte, Harold H. Hu¬
ston & Co., Grande & Co., both of
Milwaukee, Wis.
Seattle, Channer Securities Co., of
Stabilized
Property Tax Rate
Chicago, Allison-Williams Co., of
Minneapolis, White-Phillips Co., Proposed — Setting aside unex¬
of
Chicago* Miller, Kenower & pended budget balances and sur¬
Co., of Detroit, F. Brittain Ken¬ plus revenues each year as a means
stabilizing
Milwaukee's
tax
nedy & Co., of Boston, Weil, Roth of
rate on property, at least for the
& Irving Co., of
Cincinnati, and
next
four years, was proposed
Hemphill, Fenton & Campbell, of
Portland, at a price of 100.0086, November 1, by City Comptroller
William H. Wendt at a
a net interest cost'of about
meeting
1.61%,
Cormick

due

115,000 2'is, due

$5,000,000.

the

in

came

$1,519,824.77 last year.

21/2s,

at 104.33.

total

of

one-House
were

report' by A. A. Firmage, cashier
City of of the
State
Tax
Commission,

ledo: :

$100,000

1, 1955. These bonds are ex¬
empt from all present Federal in¬
come

3,131,
2,780 and Massa¬

chusetts with

by the

ary

offered for sale

3,594.

with

vestment Board—v.

interest payment date after Janu¬

of

with

next

the State's special tax
State Annuity and In-, collections from
July 1 to October
158, p. 1868— 31 totaled
$5,013,220.72, compared
were awarded as follows:
with $4,682,174.92 in the corre¬
To syndicate composed of Chase
sponding period a year ago.
National
Bank
of
New
York,
The report listed sales and use
Northern Trust Co., Chicago, Bank tax receipts
as;; totaling $2,446,of America National Trust & Sav¬
630.53,
compared
with- 2,153,ings Association, San Francisco, 831.21,
and
the
gasoline
tax
and Braun, Bosworth & Co., To¬
brought in $1,389,124,69, as against
9

July 1, 1955 are callable at
and accrued interest. on any

$3,000,000

—

.

made

various

j

Due Jan.
1, as follows: $28,000 in 1960, &
Co., the Illinois Co., Lee Hig$20,000 in 1961.
No callable
ginson Corp., C. F. Childs & Co.,
option.
■
Blair, Bonner & Co., Kebbon, Mcmust be

$1,933,000

or near¬

Detroit, Mich,, both offered Nov. shows that

after

Wash.

semi-ann.

Dated Jan. 1, 1942.

—The

July 1, 1963. priced to yield from
1.40% to 1.65 % Bonds due on and

Tacoma,

election

Jan. 23, 1941.

40,000 2V2% refunding, Series F
bonds.
Interest payable J-J.

Bids

invest¬

general

consists' of

WASHINGTON

i

1959, and $3,000 in 1960. No
callable option.
The bonds
were

for

annually from January 1, ,1954 to

1,

as as follows: $2,000 in 1952
and 1953, $4,000 in 1954 to

bonds

$135,opinion of Reed, Hoyt & Wash¬ 000 4% bonds due each- January
burn, of New York, will be fur¬ and July 1 from July 1, 1944 to
nished
the
purchaser, without July 1, 1947, priced to yield from
cost.
Forms for bidding and de¬ .40% to .80%; $835,000 2% bonds
tailed financial statement may be due semi-annually from January
had upon request.
Enclose a cer¬ 1, 3 948 to July 1, 1953, priced to
tified check for $20,000, payable yield from .85%
to 1.35%, and
unconditionally to the City Treas¬ $2,030,000 1'2% bonds due semi¬

Interest payable

Dated Jan. 1,

above

ed with the

refunding,

3%

York

came

Minnesota

'

bonds.

New

was

California

tional

37,000

reporting, was 37,473,
per cent or a little

38

Leading the states in number of

deficit, he said, has also
been built -up to
where it can
meet deficits caused by a drop in

.

num¬

states,

than 14,000 were enacted. In
the total introduced was 51,-

bills

tax

Bank, of New York.
De¬ Schoellkopf, Hutton &
tax collections.
Waco, Texas
Pomeroy,
livery on or about December 6,
Although conceding that a new
Bond
Offerings — Sealed bids at the place of purchaser's choice, Hornblower & Weeks,
city administration could not be
will be received until 7:30 p. m. in New York or Norfolk.
The en¬ G. H. Walker & Co.,
bound by this administration to
on Dec. 7, by W. C. Torrance, City
actment at any time prior to the Marine National Co., Seattle,
maintain a constant tax rate, Mr.
Manage!-, for the purchase of the delivery of the bonds of Federal Foster & Marshall,
Wendt pointed out that a
suc¬
following
bonds
aggregated legislation which in terms by the Atkinson-Jones & Co. and y v. :; ■).■'
ceeding administration would find
$.154,000:
■,'■ ■■■/■.
repeal or omission of exemptions Charles hf. Tripp Co., Jointly.
it hard to justify an increase in
For $195,000, 4s,
$38,000 2V2% refunding Series C or otherwise, subjects to a Federal
the tax rate, once the public got
$60,000, 3f2s, ■%:;%
bonds.
Interest payable J-D. income tax the interest on bonds
used to expecting an unchanged
$315,000, 2V2S,
#
Dated Dec. 1, 1940. Due June of a class or character which in¬
:%/%
rate. Mr. Wendt said he did not
$80,000, 2s, and
1, as follows: $20,000 in 1956, cludes these bonds, will, at the
know of any other city that has
election of the purchaser, relieve
$1,630,000, I V2S (callable
and $18,000 in 1957.
Option
such a plan in effect.
or non-callable)
the purchaser from his obligations
100.00
is reserved to call such bonds
under the terms of the contract of
on
Bonds Offered to Public—The
VFiscons/n
any interest paying date
(State of)
•
sale and entitle the purchaser to successful bidders reoffered the
after Dec. 1, 1950.
Awards $1,933,000 Detroit Bonds

not

which

569, of which 30 per cent
ly 15,000 became law.

fund, formerly financed by

bonds, has been set at $3,800,000
annually by direct appropriation.
The

less.

long

as

Governments, the total

others

re¬

of

ment

week

one

for

ber of bills introduced in 36

and that the permanent

$2,030,000,

met

State

...

quirements for city pension funds

provements

least

three

to $10,300,000. A total of $765,-

up

at

Only
or longer
periods than in 1941. New Jersey's,
meeting annually, is the only one
that has not adjourned sine die.
According to the Council of

down

to' $10,600,000,
while the amortization fund, which

Richards & Blum, Jointly,
For $135,000, 4s,

to the City's streets,
sanitary sewer and di-ainage sys¬

be

Jan.

it

Co.,

Michigan's Legislature cut its
session 24 weeks under two years

debt
as
of

est.

&

during-either of the other two"
years. - V*• 'A;k •
as

stabilization possible at

this time. The city's bonded

&

Adams

With 44 state

passed

their

of

^...

property.

J. M. Dain & Co.
M.

—

legislatures in session this year, all
but four meeting biennially, the
sittings were shorter and the num¬

advance the rate of

knowing,in

$835,000, 2'/4s, and
lV2s (callable
or
non-callable)_
'
100.00
tems, incinerator plant and muni¬
cipal airport and the construction Shields & Co.,
of a public municipal auditorium. Spencer Trask & Co.,
Principal and interest payable in Coffin & Burr,
lawful money at the Chase Na¬ Bear, Stearns & Co.,

1938, and maturing Aug. 1, 1978.
purchases to be made by pay¬
ment through the First National
Bank, in Dallas, paying agent fox-

would

taxation, he pointed out, The only ber of measures considered fewer"
variable factor remaining wouldthan in either 1941 'or 1939, but
be the appreciation or deprecia¬
almost as many laws were

follows:

sioners will receive tenders until

bonds, Series 1938, dated Aug. 1,

rate

>

State Legislatures Enacted

Numerous Laws

stabilized

property owners the advantage of

Co.,
Smith, Barney & Co.,
Heller, Bruce & Co.,
'
McDoiialcl-Coolidge & Co.,
Bramhall & Stein,
E.

United States
1943

year.

A

First Boston Corp.,
Lazard

UNITED STATES

lean

a

will
Other bids

Dec.

All

stabilization fund to meet

a

notice.

chase price.

20, at 10 a. m., of refunding

Monday, November 15, 1943

75,000 3s, due Dec. 15, 1950, at
109.06.

debt for 1943

another reduction of

million,

bringing

reduction in four years

the

total

to $272.6

million.
Treasury

Bills

Sold—It

is

re¬

ported that an issue of $55,000,000
109.60.
:
Treasury Bills was sold recently
at an average yield of 0.4122%.
To John Nuveen & Co., Chicago:
$75,000 4s, due June 1, 1955, at Dated Oct. 29, 1943. Due oil* Jan.
28, 1944.
118.18.
55,000 3s, due Dec. 15, 1951, at

-