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lS 1941 NOV AD^<» B'JS. UBRABY TUESDAY Volume New Number 4008 154 Stock and BondlSales DAILY New York Stock «» WEEKLY - Below we furnish Corporation coupon bonds on the New York Stock Exchange during the current week. V Dally Record of U. S. Bond Prices Trousuiy (High ; 117.16 irk'i i 1 units » — - - f High ^ mm m rn^mj , V'-— .... .. m ..... |a $1,000 units... (High .. $1,000 units... — — Low. 105.3 105.3 103.13 103 103.7 103.9 103.13 103.13 103. 103.13 103 103.7 v:;Wf 5 50 (See Index Back Page) 103.7 103.14 16 Miscellaneous *7 103.14 103.9 Total sales in $1,000 units... .... 105.3 105. . .... 103.11 Close 2Xs 1967-72 |a Total sales in : Out-of-Town Listed Markets 25 105 105 • mmmm 'm-mmrn Total sales in $1,000 units... (High Total sales in ■ Close Exchange 106.14 106.14 20 '■ m'mnm Low. 2X8,1956-58-—— "" : 106.14 106 106 mmmm ■' (High (High 3«s',94"-5'' 106 106.14 106.14 106.14 mmmm New York Curb / . rnmmm Total sales in $1,000 unUs... —, mm rnrnrnm Low. year. ■mmmm m (High 2X8.1952-54.-.. ■ ■ ■ .... mmrn'm ' Close $1,000 units... Total sales in m- m .... the QU0TAT IONS .... •m.mmm Total sales in $1,000 units... for range City News Corporation News l' 1 Close 2 mm * . .....jLow. 4s, 1914-54 2X8.1950-52— 117.15 'mrn'mrn 6 the State and Nov: 10 Nov. 11 Nov. 12 Nov. 13 Nov. 14 Nov. 8 'High [Low. Treasury 117.15- 117.21 ♦«• , • - computing Also In This Issue Farm Mortgage ' Daily Record of U. 8. Bond Prices 117.15 117.21 117.16 (Close Total sales in $1,000 117.21 . 117.16 .(Low. 4Xs. 1947-52 Nov. 10 Nov. 11 Nov. 12 Nov. 13 Nov. 14 In , Figures after decimal point represent one or more 32d of a point. Nov. 8 Exchange No account la taken of suoh sales the New York Stock Exchange on daily record of the transactions in Treasury, Home Owners' Loan and Federal a Copy a YEARLY - NOTICE—Cash and deferred delivery sales are disregarded in the day's range, unless they are the only transactions of the day. U. S. Government Securities Price 60 Cents York, N. Y., Tuesday, November 18, 1941 8 ■ 3 105.9 .... (LOW. $1,000 units Total sales in .. . • . - - High Low. 2X8.1951-53 ' . ' 105.9 - .... Close .... 4 ' 2 .... .. ' ■ a 108.7 .... mm Low. 2Xs. 1954-56 the New York Stock at Exchange mmmm [High 106.7 + Transactions " Total sales in $ 1,000 units... .... 106.7 High a*'' 'M1-M V^-T: 105.9 (High . r'wW.. mm Daily, Weekly and Yearly f mmmm Close . mtdmrn S Total sales in 3 $1,000 units . I— (High Total sales in . , .I- Total sales '. 1 • m m - . (High Low- ::.... ' 109.14 .... United States Total Foreign Government Bond Bonds Bonds Bonds 1 tmmmm mm mmmm *.1* f 109.13 109.13 t 10 1 ...- 2s. Dec. 1948-50 J 894,000 840,442 6,473,000 5,973,000 5,551,000 95,000 153,000 71.000 7,402,000 6,796,000 6,182,000 3.604,832 $25,669,000 $3,107,000 $357,000 $29,133,0010 HOLI DAY 1,017,630 830.880 .. Thursday—,... Friday— - HOU DAY 670,000 560,000 105.30 Total— i- ' Close '■ mmmm mm m $3,111,000 5,582,000 - 405.30 .mmm'm '/''mmmm ■ $25,000 13,000 627.100 Tuesday.——:— Wednesday.. DAY mmmm Low. — HOLI¬ $2,805,000 4,867,000 $281,000 702,000 Monday m *mmm m 288,780 Saturday .... m.m-m ^ Sales .... 105.30 m ' „ _ „ 112.31 112.31 1 2 112.31 High 112.31 m mm ■i.mmm Total sales in $1,000 units... mm 112.7 ..jLow. 112.8 112.7 ■: * • * mm Igll mm. 112.3 ' ' mm .'.i*;-«• ^ •V*« mrnrn'm - ---- m'-rn arm High Mortftafie 107 m ^ ■ mmmm mm 125,895.488 182,372,736 $357,000 3,107,000 25,669,000 $513,000 4,501,000 31,549,000 $17,009,000 138,865,000 1,657,125,000 188,322,000 1,158,351,000 $29,133,000 $39,553,000 $1,812,999,000 $1,382,441,000 Foreign mm . — Railroad & industrial.. 105. $35,768,000 105. — m^,m'm ;'ij . . + mmmm [T"T Close Total sales in $1,000 units... . 'm m - - Total 105. ': mmmm ' [] Stock and Bond Averages • Hlgr. (High 1940 6,048,891 U. S. Government m Low. 3s, 1944-49.— 1941 1940 3,604,832 mmmm . mm,Tm ■ '•/' |a mmmm Bonds High < v; —' . < $ .... +m,mm Close - 1941 Exchange Stocks—No. of shares. • ' *1,000 units... Total sales in Jan. I to Nov. 14 [:i--:Z'mmm - Low. 3Xs. 1944-64 107.3 1 107.3 ( mm ■ '1 units... | 11 5 :• ' ■ Federal 1 112.4 { 112.7 • —;;y.J 2 f 112.4 112.7 112.8 ">■ 1 $1,000 units 112.7* 112.8 Week Ended Nov. 14 New York Stock mmmm ■■mmmm mm mmmm Sales at m4mm mmmm Close 1 mm, 5 mmmm ■ Low. 28,1953-55 112.31 - \ Total sales in $1,000 units... " 112.7 (High ' „ ' ' ^ ^ „ Urn mm. ' \m . f .... -m Below ■ mm'^m . *' : mmim[ , mm 2 X3,1942-47 ; \'m Low. - are the daily mm stocks and bonds listed mmmm mmmm mm mm as Close ■ 'mmm'm mmm'm 1 High ■ * 110.22 110.22 ---- ' Total sales in $1,000 units... mrn-m^ 110*22 .T *" " ..[Low. mm Close m m v ' (High Low. 3s, 1942-47. — ' ! • 31.000 mtts 2X8.1951-54 . 'High 109.13 109.14 , .... 112.30 Total Main Nov. 14, 1941 W--- ' Close 109.14 .... .... 112.30 Low. Week Ended mmmm ■ m Total sales in $1,000 units... (Close in $1,000 units Total sales in 11,000 mm • Low. 2s. March 1948-1950 • ....... 113 3X8,1945-47 m mmm High .... DAY 112.30 H m ' ' , Close Total sales in $1,000 units... ..... (High .(Low. (Close $1,000 units Total sales In ' ■ 3 . Railroad and Mlscell. ' Low. 2s. 1947 109.24 .... HOLI¬ ---- $1,000 units... 2X8. 1955-60 Stocks, Number of Shares ' High 109.24 . .... V, (High 38. 1951-55 #, 1 — 3s. 1946-48...... Total sales in ./'■}" 109.27 ' Close Total, sales in 109.27 - ... $1,000 units... 3X 8.1949-52 Total sales in $1,000 unUs... 10*9*24 109.27 ... _ (Low. (Close 3X8. 1946-49... 'm-mm- mmmm closing on of representative averages the New York Stock Exchange compiled by Dow, Jones & Co.: , 1 ' Hi! High llV.19 HomeOwners 111.19 Low. 2X8.1956-59--..- Close • m m mm ml ".... 111.25 .... (Close 111.25 .... $1,000 units... 2 2X8.1958-63.. Total soles in - 'Low. 2X8,1960-65 - - '1mm mm vClose 112.14 - - • $1,000 unUs... ■ m^m'm mm 'mmmm Second 10 65 Indus¬ Grade Grade roads Utili¬ 40 Stocks trials Rails Rails ties Bonds Utili¬ ties 108.22 " *• mrm m > * Odd-lot sales, Close 27.46 15.70 39.31 108.11 115.67 27.24 15.52 38.94 108.04 92.51 49.29 110.33 90.04 115.44 27.36 15.52 38.92 108.15 92.49 49.53 110.34 90.13 Nov. 10- 117.45 Holi day 16.02 27.94 .... 39.68 108.13 92.86 50.04 110.38 90.35 8. 118.26 28.27 16.21 40.02 108.09 93.04 50.59 110.38 90.52 102.7 .... Nov. 11. Nov. t Deferred delivery sale. bonds. above table includes only sale of No sales. V. , / BONDS Treasury Treasury NEW YORK STOCK RECORD ■ ' . r, /or Nov. 10 Nov. 11 *Nov. 12 Friday Treasury Treasury Treasury 1 STOCKS Sales Thursday Rants Since Jan, 1 • NEW YORK STOCKS i $ per share $ per share $ per share A O 1944-1954 3X8 I— 1946-1956 3Xs- — 1943-1947 3Xs ..1943-1945 3Xs 1944-1946 3Xs._ ,....1946-1949 3Xs ...1949-1952 3s ...——..1946-1948 3s .........1951-1955 J D 51% 124 *51% *45% 50 *45% 46 46 *45% *7% *21% 12% 3614 % 7% 2% % *6 23 *12% 38% % 36% 36% *% , Stock Nov. 14 Week $ per share $ per share Shared *22 % 6% 19 % Day *6 6% 18% For footnotes see page *67 % 5% 5i2 161* si« 1082. 50 50 50 124 *122 Lowest Par 124 45% *45% 7% 28 12% 36i2 *2238 12% 3612 7 45% ,*42 46% 46% 7% »i 6U 6 16% *22% 12'2 36% % 72 72 2% 2% *8912 100 o'4 5% *15 7% 23 «u 2% 2% *89»2 100 6% *17 33 % 2% 2% *89% 100 *0% , 12% Armistice 50 50 *122 *16 6 51, 17 12 36% , % *-— 48 46% 7% ■r Highest $ per share $ per share 72 2% 2% *89% 100 % % 6 6% 0% 5% *15-17 46 Feb 21 100 115 Mar 21 38 44 3 22 22 20 15 23 31 9 31 26 Abbott Laboratories—.No par 800 4 X % cony preferred. — . k 10 * 400 Abraham <& Straus.---No par Acme Steel Co..—........25 8,300 Adams Express—....-No par % Pf A with $30 war.lOO 5X% pf A without war.lOO Apr Apr 5% Apr 19% Feb 12 May 35% Apr % Got 73 Sept 2% Oct 92 Sept % Oct 5 <8 Nov 5%June $2.50 prior conv pref-Vo par 15 Adams-Mllils Corp 23 12% 36% % 2 ® Oi 03 Since Jan. 1 ■ High D 117 15121.26 109.26113.18 112.20115.7 104.29107.2$ 105.9 106.7 109.24 10\24 105.9 106.7 105.9 106.6 109.27 109.24112.12 112.7 114.9 *113.2 113.8 109.13 108.6 109.9 109.14 109.13111.21 112.31 112.30 113 110.4 112.4 112.3 112.8 107. 14112.13 1945-1947 M S Treasury 2X8-. Treasury 2X8-.....—1948-1951 M S 1951-1954 J D 107.3 107.3 107.3 107. 3 *109.9 109.18 107. 27110.9 110.22 110.22 107. 2 110.22 111.18 Treasury Year 1940 Treasury :>■//. No. Low *104.22 104.31 M S ./ High 117.21 *109.18 109.27 *111.26 112.3 M S . 113.9 EXCHANGE the Nov. 13 46 7 Closed— 72 *67 124 46 % 2% 51% *122 *45% Exchange 12% 6% *17% n7% *22 12% 100 8% 50 40% 23 72 *67 ♦ 7% 51 51% 124 ♦122 Range s2 Asked 1955-1960 M S Rangefor Previous On Basis of 100-Share Lots -...... Lowest Highest Treasury 2Xs-. $ per share $ per share -1956-1959 M elll.19 clll.19 111.25 107. 1 Treasury 2Xs-.........1958-1963 J D —.1960-1965 J D 112.14 112.14 107 8 Treasury 2Xs- 51% & 117.15 117.15 Treasury 2Xs- *122 Bid Low ----------1947-1952 ._ $ per share Price U. S. Government Treasury 4 Xs SALE PRICES Range or Friday's Sale . •,: Wednesday II Week's Last : N.-Y. STOCK EXCHANGE Week Ended Nov. 14 Transactions in registered bonds were: Treasury Tuesday 90.19 Holl day Friday coupon mmmm LOW AND HIGH 110.34 49.66 J Cash sale, Treasury 4s Monday 92.6,5 Holl day NEW YORK BOND RECORD Note—The ' Hi! Total sales in $1.000 units... Saturday Nov. 8 Total 116.81 102.7 - '■mmmm*- 50 (Close Rail¬ Nov. 12. Nov. 14. .... 102.7 - '.4. mm'ml 108.22 m units... ...(Low. *2 / Total sales In 51,000 units... / 108.22 mrnmm -mmm (High Xs, 1949-53—.. 6 mmmm Urn Close Total sales in $1,000 — 1 .-1. ■''.mmm.m 106.25 106.25 - First Nov. 13. i v 10 10 15 10*6*25 m nmmm (High Low. 2X8.1948 mm Indus¬ Date - 101.9 Low. lXs, 1945-47- | - 30 20 trials Ks - * j. - i » la Total sales in - Bonds 10 Total .... 101.9 Total sales in $1,000 units... * Stocks -r-'- mmmm , High 112.14 Total sales in $1,000 units... High Low. X8.1942-44 101.9 .Close 2 m'mmm': 112.14 - ..." - 105.16 5 w~.- 105.16 High '' (High Low. hmmm-m't • ■ .... 105 16 Close ' V . .... 111.25 (High -Low. 1... mmm High Total sales in $1,000 units... ' V ' *2 Loan 3a, series A, 1944-52 .... 111.19 L+mm $1,000 units Total sales in Total sales in $1,000 units... i $1,000 units... Total sales in "1*506 Address-Miutigr No par Corp.——10 5,400 Air Reduction Inc.....lVr0 par l.SOp Air Way Ei Appliance..ATj par Ala & Vloksburg Ry Co..-100 "7*160 Alaska Juneau Gold Mln.—10 Albany & Susa RR Co *9*400 Allegheny Corp. —....No par 5 X 2,900 1,200 200 100 . f • 29 12 6 May 27 55% Sept 20 124 Sept 25 54% Sept 23 51% Jan 8% Oct 24% Aug 15% Jan 45 6 49% Dec 110 May 30 May 34% May 4 4% May 6 3 10% June 12% June 36% June July 28 h Jan 14 70% Feb Feb 147 46% Apr Treasury 2X3Treasury 2X3.. Treasury 2Xsa. Nov 60 ........ Jan Treasury 2Xs. ..... 58% Jan Treasury 2Xs. ..... % Mar Treasury 2X8- ..... 75 Aug 9 60 May 77 Mar 5 Jan 4 4 Jan Treasury 2Xs. Treasury 2X's. 100 May Dec 7 8 6 100 Jan Treasury 2Xs. — Treasury 2s Treasury 2s 4% May 12% Jan Treasury 2s— .Dec 7 24 Deo Treasury 2s... May 106 25108.14 108.22 107, 16109.22 D *108.9 108.14 105 2 108.9 *108.20 108.29 105.4 118.18 1% M S M S M S M S 106.14 106.14 106.14 105.3 105.3 105.6 103.14 e 103.7 .Mar .... 15 1948-1950 J D -1953 1955 J D For footnotes see page 1083, 70 102.8 106.16 9 103.1 105.9 141 102.24 103.16 103.5 106.27 103.5 107.1 *105.23106 104.28106.28 *103.12 103.21 ...1947 J D 15 1948-1950 M S — 103.7 *106.29 107.6 *107.3 107.12 3D ...1954-1956 J D Jan 9% Aug27 21% Apr 3 106.25 108.22 1950-1952 —1952-1954 1956-1958 1967-1972 .1951-1953 — — 14% Drc % June 112.24 106.25 Apr Jan 106, 31111.25 D .1949-1953 J 9 19% 99% Aug *8 Jan 10% Jan 5% June 111.25 1948 MS .....1945 J ..... 27% % May 9 S Treasury 2X8- 109.24 100.24104.4 105.30 105.30 105.30 104.12106.21 ..'*105.7 105.16 101.24105.7 — THE COMMERCIAL & 1074 FINANCIAL CHRONICLE ^ Tuesday, November 18, 1941, NEW YORK BOND RECORD NEW YORK STOCK RECORD VriM> Sales LOW AND HIGH SALE,PRICES Nob. Noe.H S 22 0% *•% *571" 9 per share 8 2(5% 181s 13% 6% 140% *11% 12% 123,, 12', *15 10% 150 13 63s 6% *81% 25% 10% / 10% 58% 50 20% *57% 10', 581, 20t,i 511- 52% 02 8 8 8 44 58% 20 321 3211 130 130 120 2 2 32 *120 2 28 27 2012 67', 19% 67's • 68 20 112 *110 112% *108 108% *108 IOS8.1 *141" 16% 7" 15 *11% 7 1% ' 1% • *8'8 i *18 95 7 ; 2 2 3 *K« i *27% 3'u 10 10 I 65 Apr 12 45 *8 '■44 Stock 11. 28% 3% 10% 10"- 43, 4% 19-1.1 19»4 : 125 % ■ 19% *26 3% J7% • 4178 v 10 0% 85% 10% 10 25 Jan 5% conv preferred..!. ..100 Chicle,.....No par Am Comm'l Jan 6 Apr 22 24 Alcohol Corp:.20 4% Feb 17 Su-ar....lO 1,21 - Jan 15' Nov 9% Feb 19 4,800 American Encaustic Tiltn-.-.l ,fl,300 Amer European Secs..No par Amer<fe For'n Power.. JVo itar {2.4(H) - -8 • Feb 14 2%June 20 27 5734 57% 34 13% May 100 7(H) American Ice...---.~--i-No -. ! 10% Preferred,' 800 ' 4112 May 9 *26 118 *117 26 26 *26 % % % % , ?:27% 28% '*27% 23% 23% 4% 4% 4% 16478 164% *164% 23% 11% 41% 56% 12% 113, 56 58% ' 57% v ...100 51% A.ug f s" ( Nov 6 »; 8 2% Sept;-:3 2 , ♦A'ltlooula (Dent) coll 7s A...1945 i, * Evtprnal s f 7s series B 1945 Amer Power At LI 111 28% 24% t: WJ.N1 par 2,2(H) --56 preferred 55 preferred. 3,(HHI par. 40,600 Am RadA:Stand San'y .No par -Preferred M.;.. 1(H) 30 4% V 5 ' *164% ■- -. - 23 .X-...\.No . 121: 4 155 "Apr i v- ♦External 51. *<) 35% *150 3 3478 478 I91l11 *1.40- 11 • 139 v • May * 92 Deo 147, External If 150 150 - 19% - 6C0 Amorican Stores::M ..No par 1471 18% 10% *10 Fob 14 Apr 18 155 138% Alar 13 1.4(H) American Snuff. iC-. j_Mi.25 30 •6% preferred:rc..M...100 4,600 Amer Steel Foundries.L:Va par 10% *139-: 18% ■84 With 1 321 26 Mar Mar 1 6% May Jan 83%, Jan „ '-ijan 54 A 10% May" 12 - i 11% July 12 • 73 73 183.1 *95 ' *8% 183, 8% 1.83, *8% 81 *8%, 183, 18r>s 183, 18% 90 95 95% 95 95 94% 8% *18 18% 150 ' 18 ? 150% ; : 55 : 54% *4% 18 1778 1481, 150 56 "s 150 150 5 ' 25 , 54 55% . *8% A64 . 55% Feb Apr 152% May 33% ; .14% ;: 9% May 22% Sept 17 *17% '18 " 100 81 Jan 300 Am Sumatra , • t::.. Tobacco-i-Aro par 6,400 American Tobacco...L....25 -Common class B..^;..:.-25 12,700 -;e 54% *147 Jan Apr 62 *> ig .X.--10P "5% preferred.::. 200 145 66% 8 Jan 9 ,-1-" 7 Jan 9 * 4 Nov ,13 Oct 17 i -41945 *5'n *73% 43t *47 26% *3()i8 • 3 6% 5's 74% 478 73?s 31 31 *1103,, 111 ■ 4; 31 101, lu 1% 31 31% *110% in 73 It- " 31 141950 91% Apr 53% •Buenos Aires (I'rov -♦68 stamped ;; 1(4 :4— 68-% * *9%. *1% 10 *9% 1% *31 32 *111 112 3?« 111 66 , 3% 66% ! 61% Jan -4 8 8% Juu* 64%. 18 May May "12% May Feb 24 12% Jan .7 500 A P W Paper Co 800 Arciier Daniels inc,M.....5 I MhU'dLNo par 26 Feb 20 67 41% " 'June %'i:: I 22 t V 24% 73 *66 *66 75 ' 73 73 *66 5st. 273, 25% 83s 8% 8% *5% ' fiij 27% 25% 25% 25% 25% 25% 8% *7% 8% 8% 8% 5% 5% 5% 2,900 Armstrong1 Cork Co.-.MVo par 500 Arnold Constable 25% 8% 8% 5% Jan 25 4 -May 7% Apr 35 May 164% Apr 68 *8018 8 {I2t2 5'l 02% 8% 85 8% *84% 85 85 *0H- 08 *041- *251- 25% 25% *5% 81% 84% 08 XH2 *943, 251- 98 8% 2578 25 25% 91% 271, 01 01 271- 20% 62% 64 62 25*i 27% 64% 25% 24% 25% *43% 45% 43% 44 , 51 54 53U , 7% 50% *681, *117 *8 *2% • 25 3% 00%. 23% ; : 7% 50 >s ll *51 53% I . 91% 25% 26% 02% 24% 43% *90 90% 25% 27 • 27% 100% 109% 7% .7% *50% 51 27% 27% *l00«» 110's 7% 7% 01 (53% *90 92t» *90 23 70% Sept 30 Sept 18 (72 58% ' 134% Jan 10 May 28 7j8 *90 Jau 43% 22'» May 9%Septv8 r" 6% MHy 6% Jan 10 251, 93 26% 2.7% 91% 20', 85 25% 42% 7% 7% 503, 50% 68% 121% 9 *7% 9 117% *7% 3 25 *2% 3 3 *2% 22% 24 *2% 22, *21 22 3% 3*'s 41,(May 22 par A; 3% May M 8 % jUit preferred. 500 79% Mar 100 Assoc Investments. Co.;Vo par 5% jtrefCrred. j. Feb 19 Aug 28 82 180 5% preferred! j........ 100 1(1,800 Atch Topeka <fc Santa Fe._l()() 2,600 8 87 28' 7% 2d preferred....... 100 ""800 ;91% Oct 21 110% Sept 18 88 Sept 5 88% Sept 10 5% Feb 19 Associated 98 25% *91% 2:i0O 62 69 S'- *82 61% *8'. 3% ,r 3% 82 93% '25 25li 0 3% 7% Corp_:.:M.lAro 7% preferred100 Dry Goods: 1 92% 25% ♦68 *117 ' 7% 61% *50% 69% fio% *68 .121% *117 » 121% *90 7% 25 53% 53% 26% 27% 110% *109 26% 92% 18 i-11 100 102% Aug AIV _ 13% Feb 15 16% JahK2 • .9 8 - . 3 . *2% 23% *21 3% 3% 8 Austin Nichols 3% 7 1/ 51 7 Nov 13 72% Jan 121 M R 3 3% Oct 8 .17, 6 25% Oct 8 10 20,300 Aviation Corp of Del (The)..3 5% Jan 4 Aug Alay Feb Der Jan 28 28% 11% 113, II .13', 3% 3% 6% 14% 3', 6 *6 *28% *11% 6% 6% *5% 6% 20-1, 11% 13% 3% 13% 3% 5% 5% 27% 14% 13% 3% 5% 6% 5% 27% H% • 5% 27% 10% 13% 13% 81- 32% *7*, 313, *31% 0% 9% 9% *17% 18% .17% 17% *24% 25 *24% 26 *101% 106 *.— *116 *7% *13 37% *24% 51 5% • *13 363, 7% *13 35% 373s page 117 *7's t ——' For footnotes see 31 117.' *115% 119 *7% 7% 7% 37% 25% 106 *— 31 110 :—' . 1082, 22 24% 25% *105 *25% *105 * si31% 9 22% 7% 35%, *105 . 34 1,700 Bath Iron Works Corp___:__l 17% 22% 2,400;Bayuk Cigars Inc.....No par 100 Beatrice Creamery........25 254, 7% 371" ' Apr Dee 9% July 31 35 10 27 —- —- : 32% -:... % J J A 8 1 # • J 98% 99 : 99% 95% y 95% i', 95% V »5% J v, —.1968 M N *5 e 88% 1)7. 102%; 99% 44 19 8R 21 79% 100 12 98% J 106%1 42 105% 101% 1 w 98 % J . 8% , Y'S„7 .W:],:-', "jV'l 1014 .4915 F .41961 J 4GM> 5*4 5 7 f4 63% 46 .J (51M 47 4 07 V 6 • 105 101M 99 ' 92 10 12 r. # j j 6% AV:2 7 99 96%, 96%' •»%: '6% 24 ! W8-W 20%! 14, 25 A 7 2(5 %( 9 ,14 ' - () ' 76% 76% ;,V7 ' 1ft 6% ' ' * 1942 MA' ♦fis A J 8% Apr 15% 197, May 2% May 3% May 4*>t Dec 2 6% "Jan > 8 Jan 24% Dee 8% May 4- May 20 Alay 147, Jan 52% Jan -16% Apr 8% Jan 30% Dec 13% Jan 16% Oct 16 24% Mar 17 23% Dec 15 V. 15% 20 10% lfiij 16% 10 -. 9 ' 15 % 10% 16% 8% 15*. 16% 15% R 16%; 15%* 10%. 15% 10% 8% 10% 20 15%'' 8% 10% "\5% 15%' 10% 15%, 15%' ,■ 1.4 •r 15%) 16% 15 ' 15% 16% 15% 16 % O ♦6aabsented.1062 A 0 ♦External sinking fund 6s..il063 UN ♦6s assented....# ....1963 .11N 16% 11% 15% •9% 16%' 15%' 15% H% 15% .9% 15 Mi 8% 14%,. • : .15 » • 0 1 ) 1957 J D ♦Chile Mtge Bank 6-—4! 1957 *6Mb a4e»itcd... #. # 11 1961 ♦Sink fund 651 s of 1926.4-1! ./ J O *68 assented;—..#...#j 1961 ♦Guar sink fund 6s4>— ;:.:1962 I () ... -f ■' 14 ♦ a°sc ntcil. _ 7s assented4 # : u- # : ...•_ i'i . - . ♦Chinese (Huknang Ry) 5s . - M N ' i ..: 1960 M4 — ._ 1051 ♦Cologne (City) Germany 6 ^s.1950 At 8%' 10% 14 !4- .1: 8%" *15% 14" 13% 14% 14% *13% j 14 : D 14%' 11%; 15%' 8% |8% 14%: 8% 13% h 15%: 14%'' 9% . : j 10 " 14 *15%:.; '■■■' j 1962 M N ♦Chilean Cons Mutile 7s..*...lfHjO M 8 ♦6s •; ?15% 1) 1 ♦6%s a'sented...i: ♦Guar sink fund -••* , 14 D 1961 ./ 6s4.1961 s > 15% D 8% ■<y*4~W i#7.V 14% 13%. | 10' 26%i Colombia (Republic of)— *68 of 1928— , ♦6s of 1927 Oct 1961 AO J ..—.Jail 1961 J A 42% •33% **2(1% O {,,* With 30 2 30 43% 43%i 28% 35%' 22% 28 43 34% 37 2(5% ;ri 2(5 % V 26%'V 26% 30% 130% !( 33% r 12 2(5% 26% 23 '. 1053 — 28% 28% ! 40 %.; 23 % J/N 28 21% 38 % j 38" 21 30% With declamtioii.... 21% >04% 1949 F Extcroul 5s of 1914 scr A External loan 4Mb#——.: 1949 A *18 1 19*4 103% *102% 101%* 101% :7<r 1977 D .Sinking fund 5Ms—-Jan 15 1953 ♦Public wks 5Ms--.Juue 30 1915 ♦Czechoslovakia (Rep of) 8».i. 1951 I) 103% O o *16% J ■- i 75 90 323 76 404,%, 104 , 49% -•/I 19%: 101% 76 -• 1)9% 104%! 14 104 %i 100% 103%, 101 101% 10 '*17 % 1952 —.. z 1 05 - 14% *102%. a.# A 38 72 18 05- • Cubit (Republic) 5s of 1904—i. ,1944 J/H 4 A Ms externa! debt. 1. # { f 29 22% declaration.^....;.#—.* Argentina 7s., 1042 J , J ♦Coata Rica (Rep ol) 7».*..r, .1951 MA* 1 43% ■47 42% O ♦Colombia Mtge Bank 6>^*...1947 ,1 U 3s external s.l 8 bonds.....: 197,0 Sink lug fund 7»ot 1927.# .1947 F- A Copouiiagen (City) 5s..#4952 JD i *16% 14%* 16% 14% 16% 14% *16% 14% *16% 14% 16 >4 J ### 5% Mar 32*y Mat ■ . 44960], coupon on. v> ♦Sinking fund 7s of 1926.4:194(5 M.V 7%June 73 104 8% ; 23%; 8% 23 % * 26% JDec 31% Mar 24 21% Nov 14 Feb 17 Co..i.20 108 400i Beldlng-IIcmlngway. ..No par •7 1 Sept 18 ;5%-: 45% ' 105 % 124% Jan 8% Mar 12-i&,May '-J- - . 45;#C3%| 25 46# *6% D ♦External sinking fund 6s_—*1962 Feb 80% May 10% July 22 MarlO J Belgian 2 July 25 7%; 68 7-45 ' 1 A 15 M 16 % 97, Mar .51 7% Feb 19 ! •22 4.900 Bendlx Jan 12% Sept 12 6% Jan 8 28 Jan.20 103 ' ^ORBeech-Nut Packing ■ 34 4 Apr 23 $5 preferred w w..:.Nopar Beech Creek RR i.5() ;...!. ..A. ■ -36% 5 . 5%July 31 8% July 31 12% Sept 12 . Apr 23 23't Jan 5%j% preferred^........50 40 31 7% *12 . 5 i 100 8.8(H) Barsndall Oil Co.a.:5 *113% 117 71, Conv 5% preferred 250 8% 106 ... 117 361- 17% 3%Mar 3 4% Feb 15 2,800 Barber Asphalt Corp..... Jl() 100 Barker Brothers..... M No par 9% 21% *25% 2.5% 106 *12■..... 36% H% • 31 *113 27% -10% *7% *31% •19 42% Apr 21 : 8,200 Baltimore & Ohio..:.%.J.100 4% preferred. :.M:M-.100 8(H) Baugor «k Aroostook....... 50 3,700 5% 27% 11. ■38% 9% 17%. 17% 17% 221- 25% *7% ai', 9% 17% *105", 106 31 31% 9 25 *24% 73, 31% 3131 01- 7% 81 6% 27% ' *7«, 3% * ' v.- Cordoba (Prov); 6,000 Baldwin Loco Works V t C..13 13% •-3% .-,>5% 3% 6 ; , #1952 M N Apr B 3 % M! 77 fi 05 *6'» * 3s........4 25-year gold 4 Ms 6% 70 57 iii) 62% 64% ,45 15 ■ 14% 70 M 52% 2 0 • «2%" «3 62',' - 63% '• A Mar Jan Dee 22% May 13 ,j 1514 >20%! 16% 21 Mj 52% '#.;# 60% : (50% O I 27% May 4 -.May l%May , ;# ■' *70 ' A • Dec # 111- 112% June 4 2% Apr 17 —No par 26' 26 M* 15% ■ 204- 2 73 - 6 absented..—J... Feb 1961 F v ♦Ry extl s f 6s_y_:.# #Jant 1961 J *68 assented##:i*—Jau 1961 ./ # *J0xtlsinking fund 6s..Sept 1061 M ■■*4 ♦6s assented#:,-L.sSept 1061 M Jan 64% May Oct 27 -9% July 28 Apr 22 8. 5% a sented... i.......I960 A ♦lOxtl sinking fund 6s..Fob 1961 F L Apr •••; 22% June Feb 6 2(5 i.17% 118 20% 73. 1) assented. j :#■%> 411942 M;V ♦External sinking fund 6s.I960 A O " 23% 43% June 57 May 9 £6 : ' S J - 44960 — ♦Chile (Uep)~Extl s f 7s ■ 25% A 9%June 18% May 102 7% July 10 6% Feb 14 26%; 7 . .. 100% Mar May May 8% June 111% Sept. 9 47% Feb 14 61 May 16 55 prior A..........No par 18(1 Nov 50 95 39% May 9% May 27% Nov- 7 19%June 6 May 29 111 - 45% Oct 21 107 Atlas Tack Corp.M:MNo par ■ 1 2% 24 l 2Hs44—-t- *6s Oct Jan 84 13 70% May 8 28% July 22 l 75Mi 8 •- , . J D F A ♦(is July couiMin on.. . #4960 ♦Farm Loan s f 6s...Oct 15, I960'A ■) July -45 82 44 2,100 Atl G & W I SB Lines.... —I 54 5% preferred. i-L-—:--100 *53%' 54% M400 26% 5,300 Atlantic Refiait?:.M. AM.25 >26% 27 110% ♦109 200 4% conv pref series A...100 110% 7% 5 7% 7% 7,300 Atlas Corp.. 51 *51 51 500 6% preferred...... 60 6.8% 200 Atlas Powder.: MM.—No par *68% 69 117% *117 10 121% 5% conv preferred......100 43% Aug 31% July 22 13% Feb 14 43% 65 96% Alar 12 60% Jan » . J i:#4 ♦Carlsbad (City) 8s.4".—- .#1954 J : j;.# ♦Cent Agrlc Bank (Ger) 7s. -.1950 M ./ ♦Farm Loan s 1 6s..July 15 1960 J Apr ,■ 9% 49% May 29% June 6 35% Jan 23 2 Jan ; 102 96% Jan 4% May ■i\ 9 Aug 14 Atlantic Coast Line ItR... 100 5,500 . .#: # j#.-. ,'i25-year 3 % a— — — — . -1944 7-year 2 %s — ; 30 -year 3s .j 41967 : * 6% Apr 18 Corp-.^—S 500 Artloom -5% 61% ' *100 5% ... lO-ycar Apr * . 5'g *89% it, " " 27 t 27 ,19?;20% 20 1 50 \9% 20% 21> 44 20% 21% 67 M W2 («?% ' 67% (70 '/'•I y 70 V " 70 19% #.1076 A" A I Apr " *06 ■## — 24% A ...4977 .1/ S _ Canaila (Dom of) 30-yr 4s. ... >i Mar - 8 75 95 E) "49%; 81M] 15% :;.j: •- 113% Aug ;f - 8 May A 157, Nov ■V 1% June 4% Apr 23 June 36% Feb 111% Dec 97% June •33% Sept 17 112% Sept 109% Mar 24 500 Armour<feCo(l)et)pf7 %i!?td-100 3% Nov 12 12,800 Armour & Co of Illinois.....6 900 t $6 conv-prior pref-.tiVo par V47% Jan 60 Jan 20 ■7% preferred.:: ' 100 •c 4 20 "2% Jan 17 May 14 "W 5 ■y so to 4 *6s 9 20 Mining; -«. . 80 M 32 V. Apr 107 35% July 29 25% Apr 21 '•'•• 2(5 "43M >43% 43M J #dtabilization loan 7^8-- -.1968 MA' Dee 4% Alay 9 22% Feb 14 -V7M '27 ,rl 25 '.External read) 4»-r-448: _ -4976 ,1 O External s f 4 ^-4?tS.... ...1075 M N 4 3% externals 13 hoods.. ...1084 J J Bulgaria (Kingdom of)— 4 ♦Secured s f 7s. #—'- .14967 J J Not 35 (56% July 14 >30 July 22 *17% sept rr 32 111 25% May ;81% Sept 18 ; 12 • 115% Oct 1% *31 Feb" 14 8 110%June 30 50 Andes Copper ' 4 66% 8% Aug ' • ■;#- of)— i"4 si j— -4961 Refunding » f 4 % 4 tin. JaP Apr Apr Dee "11% Apr 25 v 10 1% 51 12% 101% 55 div preferredM. J.No par r ' 67% 67% 29% 4% Nov 14 46 Is May 13 - . 5% May* 83% June 6 May 18,200 Anaconda Copper Minim?..50 170 Anaconda W & Cable.j-No par 200 Anchor Hock Class Corp 12.50 26% 29% 14 13% 14 *13% *114% 114% *114% 114% 4 378 30% .30 26% 5% Nov 12 . 50 26% par Preferred.. j : t'M,-*900 - - KM) 3,100 Amer Zinc Lead & Smplt-..-1 55 prior conv pref.25 4% 4% *47 Woolen...J.JVo • 71.1 Jan 10 •- ♦;'ft.15 :.405O J I) Externa! sf : Oef \"6% Nov 2% May J99% Jau 11 4 72 .14 •Budapest (City of) 6s. ..i -490*2 With declaration...:»— 30 year i 78 7-7 M #5M';i5M, •18% - f" Sltiklng fund g ;ld 6s. Apr ,29% Aug ; 4 2% Nov 12 Nov 3 par 156' 1st preferred;...IA% par 3 ;fi00 American 751- 75 4-% 50 25% 31 110% 111 4 *671" 4% 10% 1% *9% *9% 69 *66 11-% 73% 73 ■' 100 *80 5% *47 50 • 26 25% 31 30% 14 *13', :114'38 115 31 4 73% 43, 43, 114% 114'% 4% *67% 71% 81% 5% 13,500 Am Water Wks tfe Eled-iVo 2% .? 3 81% 5% 5% 2% 2% *79 82% 5% *47 26% *13% - 5% 43, 26 31 *1% 53, 50 *47 20% *78 7378 43, 51 10% 178 ;' 3 23, 82 82 *13'1i 141s *114% 115 *91s 3 2"s 82% ■ 6iiy SMl r, V#-.*;' l«# ', 16 (City) h f fis-# -'; . #4057 Sl'iktugTuid gold 5s4T. .'41958 " 27« *79 53% 47 'rk Mar 18 89% 116% Aug 26 ! 58M 4(5vi ' re5.3M^77ii 'V'4I . i S <m{> 76 }4- • 58 M ' :vl7 > ;i76% Mar May Dec "136 24 38 -e35 66 .? , ■H'VVi 93 •*• Feb : 68% Dec jiiltt [74% Jail 159 113% Sept" 25 , " , V--:. '• fund 6s :::i958 JD Brisbane • Jan . 70% Dcr "11% May ; 74 62 . Feb May - 7 53% Nov 13 17% 12% May »* 23% *19% AUg; 6 168% Jau 6 146% Apr 26 . -11 Sept 24 173% Jan "6% preferred. :.100 3,400 Am Type Founders Inc.... 10 6,800 A merican Vi se.tse Corp. :..14 1(H) 150 <98 Nov" 14 52 - 150 2 ll%May 27 147% Nov 13 12.9(H) AmerTetcp & Teles? (Jo... 100 148% 149% 52 „52f»t 54 Preferred.. M pur 74 M -^ •' With declaration 4 44- Dee 70.> Feb 49% Dec May 19% May 139 113% Jap 14 Feb 19 6(H) 94% 94% 4 41s 4 4t, 4% 4% 24 24% 25% 24% ■%2^1's 24% '115% 1153* 115:,8 115% *115% 115% 25% 115% 115% 8% Oet 30 13 American Stove 18% • Co.,J-No 900 American Su-ur ItefinLnsMOO 8% "18% *17%i 17% 147%,148% 52% 53 53%' 55 *146 150 *147 4% 4% 25% ♦1151s 115% 52-3, 55. 55% 56% 57 5678 *147 150% *25 18 150% 150% 55 . 8118% 94% •••-' 73 - - — -:'*8% "r 65 ' — - - - - r .♦Brazil (US of) external 8s. 4:1011 •Extcnial s.f CV4 of 1026 ..4957 ^"♦External s i 6 (4 pi 1927 f. .11957 *7s (Central Ry).—4. #11052 "41%- Dee 30% Alas 122 May (28% Jan 10 9%May 29 "11% May May ■ 150% Jan It) 18% Nov 12 94%; " 12% Mar 5% Dcf 5 - 73 • 17 >4 78 61 94M j Wtthdeclaratton.1::.-- . -23 ,93 declaration.4... 7s::'..".(.4-: -4955 j-V) ♦External slnkl 25 14 i'ivW - 11 ■:^om sim 4 74-51 >C72M" 7AM i'62 t 54 74 H V72.M^ - 75 — i 6s::.- —'41955 J s 12 c 11M ..uT-WjX^ : 25 -:l!M!) M*N V,.With decl.tration.4... ♦Bcrli 1 (Cermany) h f P MJs. Jan 363 V Mar -June 9% May ■i 18% No* 74% NOT 48% May i: ;Jan 13 ii 'iCi " • Sept' '9 Jan 21 51 33% Nov 13 145 - (10% Oct 2 i 40% July 29 j 45% July 28 7% May 23 .... . 7 4% July "2 30 mo(K) Amer Smeltlnr ArRefs.No par -Preferred: _-^v. it 500 M KH) -36% i-M-r-'Slv 147 18% 10% lO'j 10% 35% 34 33% -19% 18% 150 147 149 *14(1 19% V 70 Antar Ship Building Co. No par 4% ■ 6M ■. 41714 Externals f - 35M 11H 11% 7M io% 4:4W Hh' declaration 4 lv* 135 .4 7MM1H 12'';) iratioqr##.:# Belgl urn ottl64ijH.'4 4-«- 3V Jan July 4% May y 1928.^ tBavaria /Free State) 6 ,^s. i" With decl :* 34% May 28% May , 7'4 11 25 wSf£4;V if Jan «v, 90 j Ji ..-T957 M-A ^ .With declaration. -At: 1 * V^, 20%. J urn 2 11 *10M io-M* mi ■;.40?Ev,4 1, 11956 UN .♦Au>trlaii(';ovt).« 1 7s. —.--.1957 I J ?25*: -Mar. «V 7% lb 0 4%H-j1071 MW External g -lAjS of Jan 12% May . 165% Aog'13 73% Jan 5 6% May *10 414s.-'.il-----':1948 V;. External 5-tof 1927,-# -3% A pr 35 Mar , ^•.1%-Maj '•;* J I5?rf Jan' 6 i 6% Ajir " Apr ' 4 « 11M (• & 8 1 extl conv loan 4s Feb #.1972 a; a S f oxtl coiivtoao4s Apr ^i.1972 4G Australia Com'wealth 5s..—..1955 J- J V66% Apr Jupr 38 Jan 13 7% Jan 10 Feb 17 55% Nov 14 2,400 American Safety Razor..18.50 100 American Seating Co.ujVo par 4% *9 •36 149 - 34% 31% 149 19% 11 191, 152 *150 9% -34 .«- 34% 9% 35 35 - 35% 35 35 34% 119 *140 *9 35% sec s S t ext conV loan ■ •18% Aug 12% Sept 57-t Apr 4-1% May 10 May „22% Jan r 46% Jan 13 Nov 12 11% Oct 17 - 5 4% *33% 9 91-, 35% 37% 36% 37 152% *150 152% 37 5% 35% 5 5% 5% *9 93.1 35% ♦External ; "ion 21 Vi' 11 r ■ I 32'4 11 J J J f 7s 2d series. 1,057 A f 7s 3d series. 1957 A sec s 4 27 32 M 11 V 38 May 3 4 3% Jan, 13 1 May 18 , V26% Aug 30 "4% Nov 12 9,700 American -Itolllfigr Mill.....25 4 >5 % conv preferred... .100 2,400 56% J .28 2,8 28 •22M 27 32 H J ♦External s f 7s series C .1945 J ♦Externals 17s series D....1945 J ♦External s f 7s 1st Series_ ?: 1957 a Apr ...j 1% Dpi ~ 12?' 55% Mar 23% Jan 24 ■%Nov 12 27% Nov 12 0»s Scbt 17 22% .Sept 18 , 15% Apr 24 ?h t. J. No ■ par 17.1(H) J Arise nti ne (N atiimal G over.ume ut )•% May s 1UM 23 28 M *27 1/ S A16% *-45%May 30% .Oct ..7 4% Ju-i' 8 :13% Jan:Hl 2% Feb 15 American News Co.. J.Ar) par i**«l " 23% 11% i«H) ,- - par IOO 6% preferred 20 26% MetnlS'i.iVo of Norway) 4s. 1968 Jan - -WZ z7% Nov 13 > 13% Jan 27 Jan- 8 41% Nov 13 * 50 9% Nov 13 %17% Jan 10 79. Apr 23 95%Junc 2f Amer Metal Co-Ltd. J.iVo par 1,500 125 ' 27% r 4% 55% ; 800 Amer Mach A 19 •h 27% 23 r Akerslius (King Apr . 4% Jan 10 : V# L'l 9% - i 33% Aug 29 100 188 109 % 108M With ihHil 'ration......—...... v?; 91%' Mar 1%. Jail .9 V'.- 1% May i 3% Mar 9 -■ ■* 3% June >•'.«% Apt v% Dec '■/' 2% Jan -28% Sept 1!) •10% May w 28% Jan ,3%. Jan 13 2% Ma> ,Ji. 7%> Jan 24%Sept.l«) «%Maj /r 24% Jap :3S% Jan 4 23 50% May May . 109 % I:??. Antwerp (City) external 5s...:1958 J .1% Jan; 3 - 1) ./ 6S--.-..--.1047 F ♦Gtd sink fund 6sj:?.":-.':-1948 -1 O ' ♦5% 1980 tV-8% May 103 101,8 •101.29 103.2 '! 102.7 York City Feb 4% May 8 101,0 c 102,7' •Gtd sink fund N«>v 13 V 6 105.15107.20 105.16 101,9 c 102.7 ,140% May 6% Aug f "■ 2,400 Amer Much <fc Vtly U6:No par *10 4% .'4% 19 26% 115 May 105.16 J D Agricultural Mtge Bank (Colombia) Jan j95%Sei^,-ll ; 3'sJunc "6 T-ocoinotl v6.N0 par 7.500 A merican 19% Aug. Feb 14 20 5% conv preferred. J.._:.50 200 .Nov 3 -1% Feb 20 par pret.i...:10() non-ciun 3,400 Amer Intarunt Corp. J.Yo par t 600 American Invest Co o! 11L..L 10 4% 118 125 *118 23% . May 3 6 - 8% Jan 23 9% Aug 29 M May 15 43 American Home Products.. „l il.600 87 10 2%. % conv preferred. i..... 50 1' 1(H) 45 85% 6 300 I 7 2 11% Apr 15 10 1.0(H) Amer Hawaiian SS Co 1.8(H) American-Hide <fe Leather.. .1 , .7 %.May 27 14% Feb 15 .' 1% Nov 13 . - 3% 8 57 preferred 900 -.Jiin 1, Now 3% Jan r r * *271^28 *41% '10 ■' .'A^.-No par i 1,700 ? 57 2d preferred X.^.No pur 56 preferred I 200 4-iVo par 1 1% it 3% 78 6% lst prefermlj.. .MC100 *''140 A 1% 44% 19 19% 19% 29% 247* ' 7 102.15103 ' - • x98%Mny 29 9% Mar 27 Coa^.ulO 700 American Crystal i 34% 10% 4% 18% 5 *4% % 29-% 18 105.12 108-101.13 103.3,' *100:23 100.31 1044-1052 If N aasvyvA Jan Dec May .185 May j 33% May May •V'65 ' Nov 164 : Jan 21. Apr Jan June 35% Dac VI6% 1 j 105.24107.28 ~~~2 *10046100,24 Foreign Govt. & Municipal 2% July 1 *105.19 105,97 105.12 105.12 If N ' Ja». Jan 45% 135 Oct > High Trwrit. Unification Knue— 9% May :? if 1012-1047 1 J 1942-1947 M S - No. Low High Apr 50 Mav -1% ,7 23%.Jan ITS ; June (*12% -128 Aug ;,2 34?igJulyi2 79i.(.July i t 6% Apr '23 2(H) American Colortype June 18 21 June Since Jan. 1 \ Pi •*" 1044-106'1 2 '4B series <"J 1942 -1044 J 1 J^s series M....... 1945-1047 J New Apr 75' 5% June 28 May 2 95% Jan 10 » f Jan Jan 185 Feb 15 18%June 41% 35 3 73% Nov 12 56 2 130% Oct 23 l71%May 28 -tM - 12% May . 43, 19% 4-V 47* 478 4h 1641s 164'a *163 1647s 12i» 12'% 3:12% 12% 57% -... . 3s series A 68%- Arr 38% May * V ." A :2% , ! •>Range v. Nov 18. 1% Mav 9% May f 6 39 Alar 18 1 400 american V-lo 1%. 10 85% 10 10% 10'% 88% 29% Oet 16 107 Moo 6% ':.!•> 44% 8 417}j 8% 45 - ■ 2% 33% 3% 86% Armistice 26% 30 25 18 Oot 22 8% Apr 19 '4,100 33% 11- V3% *8 125 *118 20% «i« 25% *20% ; Juni 93.1 Auft' 8 ' 47% Oct 22 5 I 58% Jan A Day 261i Jan 11 - 20. Sept 15 23 91 2% *32% *27%28% *4178 10% 89 *88 10% *118 i, 21% May 1; 63% July 22 20%Nov It 2,800 American Car & Fdy.-iVo i»ir Preferred....;. i v. -1(H) 500 1,900 Am Chain & Cable Inc.ATo par *21% ; 22 44% "• • 28 3% Closed- , 33 a:44 * Preferred 100 *25%V 26 " 2 *1%' 2% 2% 41% *27% 42 2 •V 20% 33% 33 -*t% •; 1% Exchange 8% - 4% > Jan Dee • PlWe Low Home Owners' Loan Gorp— Apr 9% ., .. ........ 2 Jan 79 417, May 3i.:....._. 16% June i 4%Mav ""-a. ,, 3-(..-::..u!!v.-V:v::!l04-|-1040 ; Apr - . (Cone.I.) 7V: 3 '48.. __:.wi V;±.. Apr 12% 182 8% May "-14 -Sept 17 ;-Oot29 41% Feb 14 14% Feb 28 5(1 30 Am Coal Co of Alleib Co NJ 25 *5% 25% 20% 33% 33', 2% 42 89 *10 13 ...--100 5,900 American Can. i 95 *1 251, 321 3% 1()3.| *8678 32% 278 32% 28% 8% 10% ■ ' 45 *42 3 44% 1% - 3-s *8 •: Week Ended Nov. 14 Fc'lcr-,1 Farm Mortgage Corn— share per !• 135% June 37 5ti% emv pref-M--.wi.100 xl22% Apr 14 40 18% 95. 1- 17k 32% 341, *17% 6% 1- 211 *20 3 45% 1% 28% *44% ! ,; S t external 1 x: 2 2 2% 32% 34% *3213" '33% 1 Friday's Bid<(& Asked ' 7 , % 26% May ' ; 6% June 1.4% Apr 21 tlc« Apr 25 1,000 Amer Cable & Radio Corp..l 7 ■v. 1778 *6 % 253, % 251, 22 *21 35 ' 15% May •' Jan,4 21% Aug 13 .1% Au 1,900 Am Brake Shoe & Vdy.No par 20 *63t 95 V 95 1% 6% !' 26% 17% 95% 1 6% lo 261.1 *2% 22% 3 ' 1 6*, % 20-s *21% *3C'8 !. 12 ....No par Acric (Tiem (l)el)._.Vtf par American Bosch Corn 500 2 *15 87„ *;'8r's 183,s *94% 95% *6% 'in 8*« 2611 'j 9 87 Feb 19 ^----.-K) "40 10 5% Apr 22 1,500 American Bank. Note 240 6% preferred!i.....i..;5() •"42% J unP 19 5% 478 7 •' 8% 18 18% 1 '■' lis lis *61.i i *183« *94% 8%" 83, *8% 18% 95 : 9 2. *6-3i 7 7 * : 3 14 3,200 1,809 Am Airlines luc 31% *1281, 129% 15 15 15 Ain 45% 5% 31% 120% *128% 120 15 7% *7 7% 75 753, 75% 76% 733s 75% 178% 178% *1773S 17-8% *17738 178% 26>, 20% 26% 271 26% 27 67 66«, 663 [ 67% 67*, *66 19% 1078 19'8 201 103, 10', tlO *110 *1093i 112% 112% 110 108% 108% *1061- 10S% 107% 107% 27% *110 1 9 per share $ 21 .No par 6% conv preferred share 5% Apr 71%May 24% Nov 14% Mar No par Cein per 25% Jar.. 6 .11% Feb 300 Amerada Corp 50% 7?s 50% 32% 31% 38 1% 2 701g 75% 76 75% *17712 179 *177% 179 *20 11%.Jan 2 167% July 28 13 Aug 27 1,400 Anvil;am Leather Co Inc..M 26% ,, *44 51- 5% 51, fill 3211 50% 7'% 45% 45 41"• 44 12911 511 511 60% :c 73, 7% 7% 45 27% *67% 18% Apr 21 6% Nov 13 144% Mar 6 10% Feb 1 Par Dye.iVo par AUis-Chalmers Mf1,' 800 Aloha Portland 581, 58% 20 20 61 :50% 8 4(5 32 Jlunoe or Snle BONDS > 3% Corporate Stock. 5811 *45 *5% Allied Chemical & "9200 *7# *15%'18 % 16% ■v.;../ :i;'■■' Allied Mills Co Inc.,..Ar9 par No par 9,COO Allied Stores Cofp 5% preferred...100 84% 26% 19% n '' fil.lo, L"vt r. N. Highest LaWSl.- 1 $ "4:205 6% 84% 25% 19% % *15% Highest Week's ? Y. STOCK EXCHANGE .vi 1, . . $ per share Allied Kid 12% 1338 *11% '6% *18% Range for Previous Year ma' • A Lowest 1,800 150 *81% 25 - \0(hShare Lots > 3,000 M-htiy Lud 8tl Oorp—iVo par 600 Allen Industries Inc.-.-.-i-M 21% 078 6% 243, 18% % s 63, 85% 26% 18% % 16% 6% *81 EXCHANGE Shares share ver 21% 678 63, 1483, 119% 27 19 *15 S 21% *11%, 13 123, 12% 85% On Basis of U. S. Government share "er 21% 7 118 13 (It- 5 2%; *63, Range Starr Jan. 1 r YORK STOCK Week ■No e. 14 Nov. 13 share ver 21 0% 13 • the 'Friday Thursday- Nop. 12 1501) *81 50% 10'» 10% Nob.- 11 *lll8 I#1! 1 171 ♦la's 10 1401- 27-% *1812 Wednesday (5% 15012 150'2 *11% l!l *13% X3"W (>•% 07# *79% 85% 27 Tuesaar $ rer share 22 22 share - cr 21% 0?8 v At OH da Saturday STOCKS . NEW for 27% July 22 106 x 32 Apr 28 126 Jan -6 28% Feb 17 June 25 Sept 12 j Oct 14 - 8% July 29 Nat Rys part pref..M 10% Jan 14 17 AviationM:a5 32%' Apr 21 4l%8cpM8 Oct 7 20% May 18% May 105 May 29% Aiay 102 May 17%June 10 36% 32% 127 1 Oct Jan 97, Apr Apr Apr Nov 67% 24U May 36% • ' 23% D Apr Apr ♦Sinking fund 8sserB...i.. Apr 35% 112% f Denmark 20-year extl With 68--4—1942 J J declaration i51% 547-gS t..p0 31% ■ %.5%jf45% • With declaration..*.: External g # 4MB——Apr 15 19(52 With declaration.-. For footnotes See page 73% 38% External gold 5Ms.*-1955 FA A o "43% ■~43%, i»"44% I#-?*,- 1383. "V'-i . 69%' 29%". 52 'A 33% 65 t 27 % 31 52% ,60 : ,THE COMMERCIAL & FINANCIAL CHRONICLE Number 4008 154 Volume NEW YORK STOCK RECORD NEW YORK BOND RECORD -E Friday 2^BONDS 81 EXCHANGE N, Y. STOCK Week Ended Nov. 14 Last 5* 1st j>2d Her : A *58% . *58% ' series sl'ik fund 5Ms,,'.1040 AO 60 07 JS. f-y .61, ; .. 52% :. 557* - 601* I20l>l20i2 ^'*29^-304* *2011 14i» , : *13 .10 10 -10- (Republic) ext 6s With(lecl iratiou.-. ; .-.u._•->■ 1953 UN . iL „ ££'^' £.;£ Republic 7Sstamped.; joif) 1*87 if'. 63 : I918 *2..- 03 '"'•Cti'rt* 98 *70 V>v-- International— 11% .«% 5% ----- ♦(Cons Agrlc Loan) fl---I96S J ::... D ■•Ci'CL*- paid...1064 •Sink fund seeured 6s...J...106S F • ••3 ."•.♦6s part ^ 9)8 '9)4 " 3ti 37« c 67'o 6734 Higelow-Sanf Carp InciNn par 1O0 Black <fc Decker Mfg C»N 4,300 Hloomie tdah Brother.iWo par Blu'uenitlial &. Co pref.y..l(K» (80;« J air !l8-n .. 41 150 22 21 6,900 41 21 *21 rn , 4is : 17-1.1 61, Boston & Maine RU._^._.100 Bower Roller Bearing 81* 2,300 *4. • 81* 17% 261, 39% 39i| 2% 331s 9,700 6% 900 171* 4)»* 2,700 33% 9% 9% Brooklyn Union Gasi___Aro 3 . .... 7% preferredi-j;_L:_4.. 100 e < let 10 8% Oct 18 5 GO 450 May XI09 Budd (K G) Mfg._.i-.4Aro par 7 % -preferred t... 1.: .100 June H 3% Feb 14 , 51 Feb 14 Jan 26 Mar 13% Apr 26% Nov May 41 % Nov 38 May 53% 1% Jatf r5% No« 12% Get 27 25% 0 J«n 37% 29% May Apr Apr 12% Nov 0% May 97 May 9 3 119 May July 29 21 Ap 4% No* 24% Sept .14% May Jan 17 51., Jan j 76 Jan 7 8 May 13% May . 12% Jan I Jan 2% 38% Nov 27 i Sept 13 '118 Nov 25% : ^ May 4% lie# 14i4 Sept 22 37 May Juio 12% May % De# • Apr 34 123% Jan 70% Mar 29% Apr 24% Mar 51%- Dp# 19 A pr Nov 28% May 17 Jan 16 95." 19% May j. 23%Mar 21 I 23% • 12% Anir 99 6% Jan 14 r'Jnrr 16 16 par 65'2 61% 30 -.4..Wo par 6,200 3 Apr Jan Jum 1 45>4 Oct 2% Aug par Brown Shoe (!o Braflw-Balke-OMendertAto _U4 Buevr us - Erie Co^. 2,800 Apr 18 2% Jan 5% l-'eb 14 9% Nov 12 : par 3% 115% 8% 64% ;38 par 1,100 93« 3% 31* 63 41 ' Brooklyn *: Queens Tr.Aro Bklyn-Mauh Transit. 1N0 200 17% 17% 1151* *114 *114 : *33 17M 9 ■ 0% 331* *33 17'2 . 400 : 2% ; Oct 22 11% 13% May Jan 18 26 Jan 22% 54 ; * 25% Jan 17% Oct 14 Brlggs & 8trutton._4-.iVo par Bristol-Myers Co— _-__5_._.;5 500 391, 2% *6% *238 3,200 34lr May sll Mar 13 21 Sept 18 3'., July 30 39% Jan 6 4%.July 15 12% Jan "" Apr 19 % Feb 19 29% Nov I 3'.| Apr 23 i 8% Oct 14 Brewing'Corp. of Ainerica...3 Bridgeiw>rt Brass V)oL2.Na,par Brizgs ,ManutaeturlHg.Ar > par 700 18 2634 16 ! Co..4j.5 Nov 5% May 15 23% July 11 21% Sept i, 18% Feb 19 i Bort-Warner Corp. I..4.5 700 200 :*6>8 ;.«'l 9% 0% 10 9^; 13,200 17% *39 Apr 29 17% Apr 20 .■ 15 1% 19% '54 38 par 80% 4% !)() 8 Jan 9314 Nov 134 109% Max 14 May 90 Inc....li;..4.41 (Tft e). jJ.j i% 19 27 27 238 Borden iCo 301.1 1*3% ,14'K 1 -81* 8% 3914 ;2-i» [..A'u Class B. Bond Stores 400 1% 19 , *29% f 203« i 39 22% May 63% May 3 12-% Apr 21 j 24% Sept Jan 25% Oct 17 i 35 Ullu Jan 23 May Bra-,s... ,5 Bon Ami Co class AL...Y0 par 30'r iI83, !l% 2's 301 20*4" Inc........5 Boeing Airplane C0-U..._..5 80 41 i20% 21 i» r • />ar i No ixrr Bohft Aluml'iuin <fe 1,300 98% 21 22 Bliss<fe Lau'hli 10,100 29% 98l«- *291, 99 Blaw-Knox Co... 800 14 19% ■: 20% 19% 29% , <41 40't . l t 400 0% 15% 0'» ,*8%.: .9% A ... #'i» . ATK '£■ C%> -15 . j,. ,,-15 v .-..'15,«. -..-8 ~~~ " £ "Z ~ deirttrntiori.-I------------ 1 £Zz-h , £'£"£"-£.£ 22% 26 -> 26 27v» 1,49% May "53% -'Jl. £ £ c _ •.*— _ Dec 6% Jail 72% Nov 22.. ., ' ,3':i v'j f Stock 8 8 95 : '■ 934" 10 234 73., : 95'-> 9% H*20% >53 i.V-: -It ; 20% 20% Burroughs Add Much..Wo par Busli,Term! ml. .4. i; 54% 54% 5% conv prefer red...;. ..30 4(H) Butte Copper A Zint.......5 ,700 *53 2% ; 7% 76% 7% Participating preferred; .100 Byron Jackson. Co. .Ty-iVo par 900 2 25 : , Sept Nov 13 Apr 21 Feb 14 4% Jan 11% Jiih 4, 9 July 28 100 12 Apr 29 3% May 20 8% Nov 36 Oct 35% Nov 12% May 21%, Jan Dcr : 12% Jan May 5% May 4% May 5% 10% Apr 7% Jan ,17% May 2% May 23% Apr Sept s 7% ;. 2 Oct 5 ft'* May 13% Jau 39 May) 82 9 May 15% Jan 14 May 20% 0 Jan * Jar 17% May' 9 6% July 28 23 Aug 0 :19%May 29 Byers Co (A M>.-..i..,Vo par 60 8 9% Jan 4% Feb 17 .. 4(H) < 15% Bldgdep7% pf 100 Butler Brns.'i: 4 r .'4...; 10 A,100 95 93* .4 .1 . Bush Term 260 3 20 56 Cunv pre/$2.75ser..No par 2(H) *7% 20% Burlington -Mills Corp..• 1... 1 500 2.1(H) 211-. 5% *92 9% par 6,1(10 *2% ■" 9% yCkwed1— ; pm l.^No 7% 5% 21% '21% 8 95 *91 9% -fV ^. 3 . 211,4- 21-ti 234 21% 3 3 Exchange 95'V 9534 5% ! 21% • 20% 53,4 20% 51.4 21% '8U *Vs ♦7-i.t ;/8 *951.4 haiji *914 '10 203., Bulova Watch. 7%r' 2% T 5% Apr 15 8% July '2'j 2(H2Nov 14 34% Jan 6 27% Feb 15 i 3 512 Sept 17 15%May 3 ? 20% July 28 49 May 8 50% Nov 5 :ac7%M»y 1 9% July 24 '4: 2%May 1 41., Sept 9 B,t!lard■ Co.._.'._..l..No par 1,600 55% *55 7% 2% . Budd 2,100 1814-181, 5534 *55 :t 7%" : 2»4 .a-,.* 20'2 5-14 *213.4; 22 I *3 J" 3% , 56i.r 7-1., 734: 2-1.4 3,300 21 < 29" Nov 53 53 .... 50 ■ 6 20% *18%;,48% Wheel.44;it.L.iNo ' 29% 6 21 28i2" '28% f- y- 8,V'y57» 52% ; .... .... :.3 •• 26 - I.-; . v ' O : -: I960 With declaration.............. 71% 14% -■£ .1 fleNlotrfors (City) extl 6 38%. ■ .... ♦Heidelberg (German) ext 7 Ms .1050 J 2 4 ; 22 -.22; u-6,J 6; *20% : 18i2- 1;834 5i3'.*'4r;3tv3-)' ■■■ 23 1 *21-14 68 29 5% 21 28M • ^6 .•68;. 20r>s c; *56Vp -56t* -7»4 ••• 7'8 *31K A' 3ia 61 g 578 ♦.van;, ■ * <■56^ *56'i , *2218 ♦Haiti (Republic) s f 6s ser A.. 1052 AO ♦Hamburg (8tate) OH-.-.-E.-UHO A O ^638 eu .< 2^4 " 211* -'21?8 *2'8%"f 208i •"*29-«-29*4 -V*l8t"2v-"a9-i i-GHM*' ,184* *2Uo . •; 13%.' H With 29 20b 82 1291* , 34% July 23 89% Jan 22'j Mar 66% Jan 49% Jun» 131% Jan 28 *13 8V 8% 18,,., 18 27M 1 2G12Not 10 5634 Nov 12 119% Oct 17 share per 17% May 2 par 7% i>referrod....'.)%.-. .400 *75 27 18% May 14 18-Ik 1," •«! 114-114»4 - £1\ % 9% ... f Highest share $ per 20% Jan 10 57 Aug 18 .\.Ndimr Betiilehem Steel (Del) ' 690 6% 13% 6% S 50 82 391.4 *,V,- 5? share \ .15-1.4 ,99 |-*29l* Vf-- 17,500 per *13 33% 18% .9r«;-.-.9i4 I-isk: -9,»; 9>, ♦ILlTlISt* ,r.-7;/:•&'« *114 -1 ISM 3.:>8 ♦ .Vg 3r>8 3% 65 67 -:67:,fy67J(« .\yftyAn: fh': 18».l. -?8H 1 -'>■'4 :io .,,10 (: jMiid.»-_-l96H With declaration..— - - V 40; * ;.V-:9»4: GO- 10 I8I4 •10% '26%f T *i(i<".' I':"'" ♦Greek Government s f ser 7s.,. 1064 M W .*7h part 40 tv Best & 1,800 58% 121 *26% 2014, 203 m 6% 99I4 i 'rGh;'- 0*4 ol., 10 - ";8'6 "r'jSH, "iifiZ >£ .7 X'v* 27% 27% 57% 121 S *75 . 18'.4 27?* 1% pd $2.50 dlv ser'38 No par share Communal Bfcs 1 "• l.S'i 27t2 300 per 13% Nov 12 -•14 n-v '4*34' ••34ii .'•34--; 34 . i; German Prov «fe Xt'C*, y-'ti/j ... t' 'J L.w.1949 Lowest 23% Apr 18 ! 31% Aug 16% Apr 19 < 23% Sept 6% Nov 12 i 10% Jan 131,1 Oct 17 ) 18% Jan 11 Oct Apr 29 r 17 420 30 20'2 V85JH..;. 8*4 . 401* "*6i« v y '-4%. . 58* 3,200 13% $ Beneficial Indus Loan*.AT) par 53 • Par Shares •" *4 281 40's V-i'i,* 13 V 4K V •5 sptrt (Canadian holder) 1 905 •Cierman Rcpcxtl 7» stamped.il 040 AO — 78 i-.p; • *r| unstamped .■% '/.f't-'A' I.?', ; ... ♦5Ma of 1030 stamped....**1065 J D •5Ms U'wtaniiH«Lj....^*1065 •7s -y fi 193» ;*1'8 : 2«l 30 f 30 ' • ■ Year 1940 Highest 137k '*21 22 ;2D4 '1878 •y'.W87r *•■$?» 18's -ia'4 : *27". "*V-K 27% ,' 991.4 30 v 64% .67 ; iv;'™'A:b •:,Jr.v>AV ' ' 22 " -Wi 19** 21.) 30«i > :::;*3o:- 98 Zf* 91 +Av Witlideclaration------.. iV'-wi .1040 7s unstamped. > German Govfc 41 22; -27% 157 1201* 1201* *26 27 30 " 71) Lowest 153,1 82 1978 *75 1878 ' .42- 2W'2(l»i 26% 20% .•• ; Ti 100; 27—.. 8 £ ■-d >*'4. £'£'£' • /.'£*££ I £V£/^ •• Range for Prerlous On Batit af I OA-Share Lots 20-1.4 6"* 137s *13 ''' 13% 53 ' :'<> 51 51 i - iratioi»:'.-«^v--i;-!i With deel Freiieb xLv-i-- --V-- .. •Frankfort (City of) s f 6M8-- 53% ,. 29 59 61s L 1534 *40 , *46% 20 ,s 271.1 *20 .82, 5f*V«i 20« f 30. *40 55£* 60 > 100 :'*20 ' ' •" . 2010:2915. t-icM i *13 *75 . *98M 100 < yl/ Vf,-';.,- i;©;' l/\ .1945 MA J4i« .M5tt *75.: 82,i. 20'4 -205* 42X -;■> •v.--'; Finland 11,..;. ,8;.: . . •U .3018 "3038 -67« •- 13'8 56 *53 1201k 12014 283.1 29Vj *20/-;-:21y 6%":678 n378,.14!2 21»4 07« r.V(v-PH? , Range Since Jan. I STOCK Week 8 per share share per ,133.1 5>34 66I4 V-58V;60.h $ I4i.t ,5 i 26M. 27! 60 C-f share 2nt-» 26?8 ■ J •El Salvador 8s ctfs of doiKv. *1948 J ♦Estonltt (Republic of) 7s...., 1067 J-J 53. per 13'2 ■■■ *VMo V21H C 60% *: , S 8 -per share Mil 141.0 45.114.. 53 .,14.; ,..*5in 8% ,27 G/.K''- -1'* 8 per share per share .-,,-,,14 : • 63 0OH U-l ;."v52H ■:60^" [•■ N»t>. M YORK EXCHANGE the ' Fridm Thursday 'jNov'. 13 • High t Y. 52 : -i -61 £'""££'£ , Off * NEW for -'■MUtihtir-lrWdtilfafi "f'"Tuaiiik'i'- Wednesday Nov. HAr Nine 10 ^ I 'Wofl.'llAvt;; .•voo, 12 v 52% ,>62 ;r 52% 62 60 ' '*61 % Series. X>'. 1%0 A O A O -5Hh 2d series. •Dresden (City) external 7s... 1045 MW 5 Ms 1st & 60 - 52 STOCKS Sales AND HIGH SALE PRICES LOW - " 1 . > ■*, - Customs Adratn 5Ms 2d ser.ilOftt M" S !'■ Low t'.'i.T- W\ •*• V*.' 61. v61 ;}6.I;:;; O Jan. ; Htvh Low v 111 Since § QQ 1 Range "-- Asked & 1 ■"!' . H Friday's BUI 'frc £.,1940 Rnnfre or - Sale 5 W*--1942 T8 5 V/S of 1926 ' -flc Price 7.. Dominican Rep Cent Art .'1 rj.";1; f; Week's v ' § <! Foreign Go»t. & (Vlunic. (Cont.). } 1075 Armistice k.:."...a..:104 ♦7 Ms secured 9 f *7s secured s f g 'i :£ry&-Ci 'te¬ Municipal T.onn- Hungarian Cons J J - -5% *5 1046 J With de 1 4M» to.--.1979 Hungury 7M»ext ®t 4M ' 7 »4M A 56 . 51 4M M 23 M" 9M *31 ♦Italy (Kingdom r.f) extl ♦ 1060 7s;..1951 sortiuirt 7sser B47 It-lian tired Co ♦Italian Public Utility extl 7s..1052 MAT J M 20 J -. 17 is" *15 "18*:" 65 20 M "t - 75 ... 20 30M 15 " 18 29 % vr-Gi4"*:4M rf# 40 - 2744' 1.0% •?; ( 16 12i '15% *34 34% With 6Ms..-1054 -%~ l'-HJ.» deel iratioti 5M» ,r\Vltl»dec!triitlo/i..--- - Extl sinking fund . UKosiavla (State Mtfiellk) 7s 10o7 A 15 H 45 M 52 38 1/ N 38 M 38*" *41 '■27 a 45:r 58 M 35 70 ! •.VA AA-iv' ;-'-.7r»8 i 88 *214 *38% *86% ?*26% 2% 77% 26% 26% 26l.t *26 2% 1- ■278 * 78% 121 -7)8-. 7U -17 1 16--S' 17M 1% • ♦Leipzig (Germany) s f 7s ♦Cower Austria (Province) 7 M» 1047 1950 J D 9M 8 r- . , 10 10% 76% 2 \ur/'p.w« J 61 v*-. .1945 Assenting 4« of 1910—-—.1933 J §♦ rrcas 6s of '13 assent-.;>1933 1 c- .BH 5 Q J — J I> ♦Assenting 4s of 1904...— vl954 ♦Assenting 5s of *899— (City, Italy) extl 6h (.Htate)-— ♦Sec extl s f 6 .'lis ♦Sec extl s I 6M« Montevideo (City) 7s m —; - £- - 6 "V, ■v:' 5% J . • . 12 12% 5% 6% 12% 7%* 7 ,* .1958 M S .1952 J 2 , 13 12% *63% *£ '£ W £ ♦63% 7° - .8% i... 1%" " • 12% *5'» 13 54 64 £.49 CO : ; — , F A fcxtl loan.. 5 86 13 »1% 85 ~ V 79 56% 54% 51% ' 4 Z1956 £• £ JX s - £ - 8 ----- -. . 51% 26 50% ~. 51% 50% *111* i *21 86% 51 . .1905 — 31% 49 t o 44% 44% ;£ ^£.£ ---£-► .1963 F .£ ■; -- 29% 32 ■£V£.'~ £'I-w«£ 50% 45% 2!) 14 . declaration 47 d «# - - -£,£- V---- - 40 *36 '££'£££ -- £■-£- j 35 _____ ' 9 cntal Devel guar With With o 6s. declaration.. istl 'deb 33 - £ M; .1955 A -37 V 44 - 7 37 .£ declaration.— 6 - 30% : '; - - 30 H O - 37 v-»£ .... declaration— (City) s f 4 Ms Villi 34 .1953 m a • 9 ; '7" ££-- 32 3 : .1994 J mod 3M3;0xt to.... 3 Ms ser B.. . ^ - - -1967 of) 7a... .1959 Peru (Rep of) external 7s— .1960 ♦Nat Loan ext! s f fls 1st ser. .1961 ♦Nat Loan extl s f 6a 2d ser. For footnotes Bee page r«mm*rcial ' 67 1 - ^ 07 » and "72" S J L> A o 37 33 . r 54% 68 % *104 39 105 10 •IO - M 40 ■: - *"""2 .1947 m S .£>•£.•» Pernambuco (State 33 57 t) m a 45% 30 ■•*."" 7". .1963 M N Ext see ref 46 35% 25% l- .1963 J/N *w££f'£^. Stamp 23 24% 9% 0% 9 9% 7 ' -* 9% 8 9 9% 172 9 9% 34 51 90% 81 70% 102% 105% 11% 6% 19% 6% 9% 6% 6 3,900 2% Cerro do Pasco-Copper.Wo par ■1,900 1,060 v Certain-teed Products 6% preferred.J.-.lOO 4 '■ 44V Chain .Belt CoiiAv. -Lifta: par -110 Cham Pap & Fib Co 6% |rf. 100 prior 16% • 19 - 25U 300 10.5(H) J Chesapeake Carp.-'} ..Wo par Chesapeake A Ohio Ry... -.25 100% 98 98 200 Preferred series A;...4.100 1% 1 2,400 Chic & East 111 RR Co.We par 4% 1% 4% " 1,3(H) >2 4% 10% 10% 41 200 ♦51% 52% »')« %i 500 CMc % % lns »i« 1,600 700 *9% 9U *9% 9% *9% 9% loo 12-18 i 11% 111* *11% 11% 11% 11% 200 Chick islia Cotton Oil 1'2 H 1% 1% 1,400 h*. " i«z • 1% 9% 41% 9% 9% !S'- i ' - ■> * - 9% *, 73 *.... 251.1 ; \ :253s j *48% 38 38-is 36'* 37 i 37% i 36-1.1 144 144 *144 I 95 013,1 95 194% 66 6334 63-i.i T *t - 15r,8 *15-18 <t Its 112■: 53% 9% 1 < page 800 *700 • 15 15% 106 106 16 16% 112% *112 16% ;C16'4 16% 6 8,2(H) 1% 1 52 53 1% 52% 46 46 *46% 52 Jan 9% Sept 16 114% Sept 15 7% May Nov 12 20 2 10% Feb 5 1041* Aug 12 Aug 9 ! 461.) Feb 20 21, Mar 301.,June 7 .] 4% Sept 22 6 139 Apr 26 70% Get 17 110 /Fob 14 May 28 48%July 9 ,40% Aug 2 139 Apr 26 2,200 ' .30 Feb 14 143 85 Jan 15 56 Aug 20 108 33% Jan 10 : ; Sept Nov 13 110 ColoFuel A Iron Corp.Wo par 14 Jan 3 Oct Class B.,_.4..2.50 Columbia Gas & Elec._Wo par 6% preferred series A. ..100 5% lireferred..4..._...100 < 14% Oct 16 1% Nov 12 52 Nov 13 46 Nov 13 Apr 14% 98 Jan Fel), •< Jan /GO Apr 4% 40% Apr 133 Nov 74% Nov May t44%yjan May 43% Mar 74 "biay 83% T>cc 46% May 48 Mar 25% May 25% May 41% Apr 131 45% Apr May 145 Dec 991* May 14 L Mar May 63 Feb 10% May 2 20 56 16% Sept 17 Nov 13 106 94?June 102% 9 114 Mar 19 20 Jau 10 4 2%Sept 121% Jan 2 Pel) 35% May 112% 108 12% May De. ! Dec r 16% May 1% Jan 13 3% Aug , Nov 91% July 16 .13014 Jau 9 14% Oct 20 Jan 5% Mar 34 26 63% Nov 10 740 Apr 18 % 1% Feb 5 4% 1st preferred......-100 Feb 18 4% 2d preferred....... 100 4 1 Cobimb BFd Sys Inc cl A .2.50 ' June 11% M ar 16% Apr 9 841., Oct 11 j 11% Feb 14 16 > Aug 53% May 8% Oct 85 Sep! 44 Sept 2 May 24 May 124 July 115 105 May 1% Aug Jan 2 3 Jan 9 Aug 29 72',s Jan 8% Apr 21 6% conv preferred...;.. 100 460 1% 52 Apr % 100% Feb 15 1% 1% 53% 50- 1% % %»De. Collins A Aikman.. 4..W0 )-ai 53% 1% 53 *46 1 Jan %»De» % Jan 18 Colgate-Palaiollve-Peet No par 84.25 preferred... J-".No par 1,1 (Hi 1% 41 % Jan 17 K 2,700 _.10O 23% May Dec July 16 Colorado A Southern Dec !>ec 740 coo Jan 15% % 106 1,100 12% 51% Jan 22 % Dec Dee 44% Feb 19 -100 4% Apr 44 May Mar 17 - 29% Mar 101 8% May July 24 %s Feb 87 . Apr %i De« 54 60 j.. Oct May 30% 6 ' ». 3 Oct 20 . 22 106 0%May 19% July 21 !;44% Jan 9 127 May 23 . 84%Jum • I'sJune 17 82 Class A V 10 8% 38% Dec 4 par 16(| % .,l!« 0% Oct 21% Oct 30 98 50 10% June 2% Oct 30% May 3 July 31 11%Nov 5 S% Jan 1(1 par 15% 1 -• } -4.No 4,700 • 1% De. 1% Oct 24 Apr Feb May 4% Apr 5% Apr 5 W 16 16 May May 26% Mar 6 4% Jan 9 4% May 67% May 7% Apr 93% Apr 59 79 82% Jan 25 Apr 2 i 72 June 26% Mar 10.82. Financial Chronicle (Reg. U. S. Patent Office) William B, Dana Company, Managing Editor, William Dana Seibert, President. William D. Riggs, Jones, with statistical issues on Tuesday and c-mlth 1 Drapers' Gardens, London, E.C. issue) Saturday], Apr 6 Jan 21 Publishers, 25 Spruce Street, New York, BEekman 3-3341.-"Herbert D, Seibert, Editor and Publisher, Business Manager, Published three times a week [every Thursday (general news and advertising Other offices: (Chicago—In charge of Fred H. Gray, Western Representative, Field Building (Telephone State 0613). Ia>ndon—Edwards £ Copyright 1941 by William B, Dana Company.; Reentered as second-class matter September 12, 1941, 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, $15.00 for 6 months," in Dominion of Canada, $27.50 per year, $15.75 for 6 months South and Cen¬ tral America Spain, Mexico and Cuba, $29.50 per year, $16.75 "for 6 months; Great Britain, Continental Europe (except Spain), Asia, Australia and Africa, $31.00 per year, $17.50 for 6 month* NOTE* On account of the fluctuations in the rates of exchange, remittances for foreign subscriptions and advertisements must be made in New York funds. Frprtevirk »r Apr Jau Feb 1% July 21 lot) 16% 112% 3% May 3 Coca-Cola Intern Corp.No par 15% M 6 41 <2 1 8% May 22 10% Feb 7 24 Coca-Cola Co 400 Jau 100 15% May ; 414 Oct 24 44% Jail 13 4 (Tiie)41 Preferred— :io 1,100 LVr % 11 % Jan %«July 25 Jan (The).. .No vv'-v 95% 15% 1 * 8 28% Fob 18 *105% 107 *112 ''(« Jan Ciuett Peabody A Co..Wo par 8 (HI 16% 1% Mar 12 3,200 '« 65? 15% 13 1:2114 3 27 *15% 1% -lt2 ■ 112 *63 *700 800 148 95% 65 % Mar Climax Molybdomnrn-.Wo par 15% 184 l»x *144 *63 ); 4 7% gtd; 50 Co Special gtd 4% stock • 200 15M 56 95 !D% 36% -£ 1,700 I5'8 : T 36% - Feb 3% Oct 102% Feb *5,600 1% 16% i 2 48 *144". 148 95% 63% £' :L 38% Dec May 26% Apr Set)! 22%May 12 50 Mar 11 43%Sept 12 39% Sept 8 148 Sept 17 15% i: 15-% 3 5-I4 • lis - 37% May 2% : 2 5% preferred.;..4...—100 Clev A Pitts RR Co ' 15% 16M 5i'2 37 £- iciev Graph Bronze 1,200 ■U- 5% 16 48 36 • ...100 Clev El Ilium S4.50 pl.Wo par 60 w 15% *1 53 37 -IV i %1% 2 56 38 j 24% 104 15% 2..- 157s *48 37% C c C & St Louis lty Co..100 ">%■ preferred. 1% ■<lr. 3, 2'8 24% *82% *48%' 4 88 2% May 23 33% Nov 12 ....-.5 City Stores....44 Clark Erpilpment..... No par *.***■ " Apr : 93%June 100 100 v_260 Jan 35% 5% Apr 11% May 17% May 40 73" 56% 121 114% Mar 15 May 99%June 95 6ii% preferred 400 *112% 113% I % May 2 ...100 . 2% 1% 17«2 34 .*1»4 *5434 *48% 33% City Ice & Fuel.......Wo peer 60 r: 33% » 86 •£-'£ - 5 33% 25 24% 25 "2% 103% 103% *103% *82% Dee 1% De* 2 City Investing Co 96 17% "I7f2 3-l ;% 113 10 -No par Chrysler! Corp 26,800 2,300 17% 34 18M v 25% 104 147» 15% *105% 106 1 I6-I4 17% 151.1 147s 15U J5'4 *105i4J 107 ' ♦105't 107 171* 1734 175« 175s *112 ' 113 113 *112 34 *1-14 63 *700 800 *700 113 *82 .... 73" *... 114 25% "1031* 103M 103M *82 73" j *113" )1334 11334 Childs Co ..... ;Chile Copper Co....4. : 41% . 2-g 33% 33% 9% *90 41% ' 25 52% 96 >2% 33% 33% 53% > *93 3 3'4 341* 9% 95% 1% *20- 25 52 53% » 1% 1% *20 Oo'ij • < 96 ii"-< 4it* 1 ' 24 52 •951a H* Jan 126 12% Jan 4 107% Oct 11 7% preferred..... '? 9'* *633.4 *17io Pacific.. 100 9'* *94's .: Rock Isl & *11U % 3% Nov 75 72 tin# 118" 1 %« %« Dec 32% May May 122% Sept 8 9% Feb 19 37 '3 Apr 22 49 Apr S 52% >: Oct 20 July 4% Nov 13 42 'is 92% •». J 17% Feb 15 •8% Nov 13 ! %» hi 15 100 I'm Mar 20 *51 s4 %» May 106, Jam 1 30 28 J 37% Jan 14 ;.3% Mar 20 *38 341.1 800 j.-).;4_. ..'40 52% ' 4% Aug 14% Sept 4t4 Feb 3 4 July 2% Feb 19 77 Oct 30 4 97 Apr 27 Feb 19 i 34% July ; 2% Nov 13 5% Jan 22% Apr 21 5 3'8 July 24 115% Jan 29 5% preferred. 44 -44..50 Chicago ;Mail Order Co,...:-& 31% ' May -48 ! Chic Great West RR Co...50 Chicago Pneumat Tool. Nff par S3 conv preferred...Wo par Pr pf (82.50) rum dlv No par . 20 Sept l*4June !I •! 600 2,000 *'1. : >1 5,400 •j. *51% 532 *4812 *700 Class A. ;4_'_ 4,200 2% • 2,300 *1* >r 341,1 *36'2 ;*144 145 ! Mfg:_i...'i,4_.5; 8% "3% 34% -100 preferred.100 Chicago Yellow Cab. —Wo par 6S2 <*ll» ■♦234 38U 36-14 Wo par i.5% > 332 31,1 25M Checker Cab - 14% 91,8 -.. Common...444; 4- 1,900 1 8% 2 Apr , i; 14% *38% »'« 914 95'* 17% 1 4(H) 29% .5% 39| • >i» For footnotes see 1083. ... -. 5% j *)03i.i 10334 . 42 Century Ribbon Mills.Wo par Preferred. ;.4 i 1. : 100 £ 14% 54-18 *49 .1958 M W - J *3% 10 Jun< 42% May 29% July 28 (122 1% Apr 22 4% z53'2 113 38 ... 5M»— -•-£-£:iw .1 109%Junel() 33% 4% 100 •'•17.• Aug June 11 4.4.1 34, i 9% • 2 Jan Z15»2JUKK27 : ; 22% Mar 25 66 {Cent RR of New Jersey.". 100 ?••Central iVfoleta -Bogalr Co.. tt-4 .3% -2 ■■ 75% Jtnu 22% May 2 May 39% May 105% May Central 111 Lt l M% pref.._10O 1,1 (HI 13% 90 ' i ' Central Feuudry Co: 50 mi 13% *20 * *3338 *82 § 1,600 2 2% 5% 241* *1-1. ' 74)" 27 X 8 ----- 4,3(H1 *3% 1% 6 5 KPsJune 10 75 Sept 24 _ Central Aguirre Assoc.Aro par 14% 33% *20 *2-i4 -113 28 27% .1952 F A '££-£-1----- _ • " ha . .1970 j • 16-%- 8% •(' Jan 40% 45 I 50% July 15 33% 4% 2% Nov 13 a-37 I8%May 26 *98% 104 17% *98 10 5 *5l34, 52'j -'411* *; *..._ 50%' 33 - 39 -', 17% *1634 1% 133.1 15 561N »'» , - '46% 44 44 A 46% . 28% 22 2% . 9% ,125 i 116% Mar 19 c: 6% Nov 13 29% 29% *17% 34% 2% : 5% i 51* lr'8 95'* • ./ 24«4 5514 53%- 34% ------ 29 *98% 104 1001* 41* 4-i4 Maris .. par 4 2% ' 2U i >484 '.12 -.91s 12% *H* ' •; •; *9i.l : 85% 86% 85 - 86 86 • • 316 *')« 5 85 52 -:.— ..... -#i« £'£ External s — With declaration—.-• s i «-w£- .1944 F A External sink fund Wlth declaration.. With '76 79 * . > With deel iration External 6s * With declaration 4s 76 : r cxter nil 6s ^76 O .1943 F A - 31« , 1958 A ;43< *2 '.x 112 _ A or Apr 6% Mar i)e< 2% 14 20 231. 40 , 36% Aug 1 87% Sept 18 100 Preferred..... par *3 29% 2% 29 3% *1% *98 Wh~ 10% 52ls *'l» -i Hi 5'2 »5D.i - ;19$7 7 13%. *78% 29% 29% 29% May, 17 20 Feb Feb 19% Apr Jtuy 2% May 1% 8% . Ma\, II 31: Feb 14 7% prior preferred..--.100 Celotex iC<;rp4;r444--N0 par 5,100 •50 | 5% preferred ;4.._4.100 1% 90 39% Apr 43 Celauese'Gcrpof Amcr.Afo 2% 13% 37S *3 9 -3% • "j 33% 10-bi - IS'i !•• *3914 >42 1 r 1% i27S 17% j *71* -9i 3-l4 >'• 3-% ♦us *14«4 I N Externals fo.s-..—.. ? May 4% May 7 2 3 Jan 511 Aug 2' ,Miiy 20 3% July Jan 37%May 26 (41 86% Feb 25 I 92%Mny 22 Apr 23 i 30% Jan 2% Apr 28 1 3% Jail 1 • Feb 52% Mar 11% Dec 34 5 3% Feb 13 33% Get 30 Caterpillar Tractor.i.*No 7% 2% *78% 105 17% Sept 18 40 Nov 1% Jan I) Co.4_4.. 1.;. 100 70 . 174 2% 16% 163.1 i 3,900 17% 29% 1734 j.1 0 .. 50% July 27 , 5,800 16% 2% 104-< ; i 1 .V ] (S 71.4 Jan 0 14% Jan 10 221,1 60% 303.1 31*4 35 ( >98 100% 2't 10% '[ 1714 -18 *7aV'v i'» 5 • 47s : ■;*. : _1959 MW . — Mar H %Nov 13 ! 5% Feb 19 1 9% Nov 12 10%June 3 38% 121 66% 3% 2% .105S)t . 17»4 100'1 1001.1 2Q 8 8 12% 12% 12% D 9 ,kG9v 3% 13 7H 35 •• 30 12 11 • Case (J 111% llf% *111% 28% 3()3» 37% .21% 7 16% ) 1% 90 29% 1 2% >., •16-V *104 ;343v 'Z n Minis Geracs .1959 M S j' 6% ■ 30 i 29-1.4 -2'8 301* - 106 1814 J *104 i -.18% '18 .3% < 5 774%: 5% 27» - * 5% c% ■ 3114 ♦10%"; 17 f :'*•;£ -£ ii £- £■' .5 :: 3%. '78 -■3% o:. ' •m .1952 A O £-' ' - " ":5% ♦ or way V < i 68 13 *3 *7814 '< Carpenter Steel Co.t-.„5 G irricrs & General Corp.... 1 3,200 190 i 6% 2% 13 ; 90 • . 2,600 . '■ -82% 3% 6% m - •< 27® "V£ 11 ■6% •if, -I943IMW 1—,1 M945 0 - ■<31 '..'23 76% 10% i. Mexican Irrigation— 'Milan 30 30 J .1054JD .1954,J I) i*ic;Aiuu *80; (Ml *78 - Carolina Clinch & Ohio Ry.lOO 88% 26% •:> 200 *661* 5 113 2% .. 38 21% 21% 2 *111% 2'8...» 218 2l« •21® ; *111% 112-ii *lllttll3r *23s 27h *2-l« --378 '•'»»13 13>4 -.■-131.4 13% *3 i. *3 3% 3-i4 ' 26 M .*2 A • par Capital Admin class A - 121 121 , Caunotij MUls.Wo .25 120 $3- preferred A.. 3 _ 24% Sept 18 54% Nov 13 16% Feb 2(1 51 : .5 .. 700 - 78% 120% 120% (121 17% - F Z37 66% ■f. 121 :'«v- 300 2% 3 .4 t _. Canadian Pacific Ryi.... 9,700 40 78% -27* '78% ;. . Canada Sonkhern Ry Co.. 100 ■ 34 -LeatI. L Canada,'l>ry GJ-iger Ale.. 1,000 w sc A 7% J 66'* I 16% 68.i *6((i2 08 27g *120 381* -!:37»4 2% 771* i i 201* 22% *1203.1 122 22-Ir *120*4 ,122 i 7% '.. ; *66 »7 I 2I78 22-'% ♦120V 122 : 40 88 *120 .121, ;39i8 >.38>« 3834 *139 f V 2138 30M..56-M 3M 9M "7H i) 79M 56 F 34 *38% 88 ! Calumet A Hecla Cons Cop. : 5 Cauit)bellW <fcC Fdy-.A^o par (HH) 4% . , Callalian Xi A 15% 33 4% 40 • tpanescGovt30 yrs f 15 34% 2% ' 9% *28 4% 4%. ! ^ . 4,200 6% !R, «•' 29 *28 4% 6 a5# 1P» 1 ' Packing.4.-A^o par 5% preferred....4.;;-...50 4.HH) -%• ' ? i t. California 100 56 % - .6% 6: 1.- 20% ■v.: 900 f 88 WMS: 77f2j 79U :' 12114 s«:. a+'-r. % % ;M 9% 31 414; *38t4 27s:«.27» 78 121 't,» 6% 1 ,*34 t'2't 2't *88 A; 90.-4 -*26 y. -27l.t 'T-3. 78 ij,„f •%« vt"- *28'* ij, , ,2'1 3t.|/;tj 3 t. ■' ■ :-l88- *26U *27h fti» 9% 15% :'t- w 4."% *38M ' 40"; -3Wr 2-1.4 v88 n - 4U *381.4 46 H 15M 20 M 8 J 75 H ♦70 M I) Day i | *281,1- 81 31 ... 4-i» extl s 1 5s * :-! 56 A - v •28" I Irish Free State l*53 fiC •% v-6%- : 6 ;'8 -v.--'6I,t.,;,638 lOfg - 10,'m 10M •10'*, 16 • 16 -: '*10 - lOM ■ "oM 9M *53 - * 20-'>8- 2()3s -20-14 421 -v,34 ' 5. 4 iratloa-.-T.-l-F 7, 6H 4% 4M, 4M •Hungarian lstnd M Inst 7 Ms-1001 ♦riluklnw fund 7 Ms set B.... 1061 t; 8 • , 1 5% • Jan THE COMMERCIAL & FINANCIAL CHRONICLE 1076 Tuesday, November 18, 1941 NEW YORK STOCK RECORD NEW YORK BOND RECORD Friday Sales Tuesday Nov, 11 Monday Saturday Nov, 8 Nov. 10 $ per share $ per share *75 76 S per share Thursday Wednesday $ per share Nov NEW YORK STOCK On Basis of 100-Share Lots the EXCHANGE Friday Nov. 13 12 Range Since Jan. 1 for LOW AND HIGH SALE PRICES STOCKS Nov 14 share Shares Lowest $ per share $ per share $ per share $ per share Foreign Covt. & Mun. 75% 6*4 *25% 76 6% 9 9% % 54% 21% 314 15% 21% 13 54% 21% *2% 15% 21 *12% 9% % 4 ! 54 54 21% *2% 22 3% 15% 15% 21 21% 127g - 12% *91 92% ♦92 *92% 94% *92% fi 6 >5% 14% 97% 14% 97% 92% 94% 5% 14% *16 *1» *9% 10 2% 6% 4% 6% 4% 4% *4% 4% 4% *22 9% 2% *9% *2% *2% 6 31% 8% *43% 3% 26% 3% 27% 18% *13 17% *52% 35 48% 49% 175% 175% 175% 3% 3% 3% *% 13% - % . 12% 14 9% 2% 21 103 29% 8% 44% 3% 25% *17% 12% 527g « 32% Stock 14% 14% Exchange 7% 7% 7% 7% 22% 41% 12% 90 37 Closed— 7% Armistice *41% 12% *88% 35% 23 90% 37 1 37 *81 *89% 82 *88 V 22% 41% 12% 43 12% 12% ♦81 36% 8% 7% *7% *22 Day 82 *7% 7 79 , 8% 6% 8% 7% 120 120 120 7% 120 *71 *73 75 75 *12% 12% 16% 13 16% i6% *2 '2 16% 26 20% 8% 25% 95 47% 16% *4% 24% 18% 8% 5 *46% 25% *84% 46% 16 ; *2 31- 17% 17% 12% *52l2 12«4 52% 800 1,700 2,400 1,700 9,400 10,100 Continental Diamond Fibre.5 Continental insurance. .$2.50 33 49% 3% 26% 17% 12% Continental Steel Corp No par Copperweld Steel Co 5 Conv pref 5% series .....50 Corn Exch Bank Trust Co..20 Corn Products Refining—. .25 Preferred...100 54 200 33% 50% 2,370 5,700 177 177 190 3% 2,300 *% 14 13% 100% 100% 14% 14«4 500 2,100 7% 1,300 1,500 22 41% 41% ♦41% 200 12% 8912 12% 12% 2,300 89% 20 35% 36 2,600 80 80 300 9 1,870 5,200 5% conv preferred......100 CubaRR6% preferred.... 100 Cuban-American Sugar. ..100 40 Preferred-.... 100 100 5 M % conv preferred.... 100 *79 9 8% 6% 8% 7 8% 6% 37 7 67g 122 U97g *118 75 73% 73% 12% 12% 12% 12% 15 15 15% *1512 *119 *73 12% 12% 16 16% "l6 #16 i2 "V *16 23% 19% 8% 25% 24% 22% 18 18% 8% 25% 18% 8% 25% *84% 95 *84 900 ♦46% 48% 15% 15% *40% 15% 4% 4% 220 19% 23% 19% 8% 19,100 25% *82% *46% 15% 25% 2,100 4 ' ' 8% Prior 88 30 15 5 ' "16 10% 1,300 200 Nov 13 83 Davega Stores Corp... 5 Conv 5% preferred 26 Davison Chemical Co (The).! Oct 30 3 Apr 21 ♦Rhlne-Maln-tDanube 7s A Jan Nov Nqv 108% Dec. 19% Apr - "'"97% Jan *16 18 *16 113 *112 *28% 28% *12 13 10% 4% *12 9% 10% 4 4% - 112 23% 28% 12% 19% 16% 25 16% 24% v:*39% *8% *17% *74% *10% 36% -i 40% 8% * 17% 75 10% 36% 19% 16% *24% *39% *8% 17% *74% 10% 19% 16% 25 23% 29 12 12 9% 3% 4% %6 18 10 4 *%• • *16 18 *16 *112 113 112 10% 113 22% 28% 10% %« Vj'49% 10 10% 113 23% 28% 23% *23% ♦16 18 10% 10% *10% *112 18 10% 23% 29 3:28% 23% *28% 12 22% ♦12 12 9% 3% »i« 9% t • (' 1 4 11% ;io% 10% *74% *10% 37 37 40% 8% 17% 75 19% 19% 16% 15% 23% >23% 40- -39% 8% -17% ; 17% 75 *74% 1110% ?36% 37 *36 37 . 15% 23% .40 - 8% 17% 1,000 200 DelBel-Wemmer-Gllbert-... 10 ll%Ndv 4,800 Delaware & Hudson—...100 :9 7,200 Delaware Lack & Western. *50 500 {Denv & R G West 6% pf.100 19% 8,400 Detroit Edison....j.......20 16% 23% 39% 8% 320 Devoe & Raynolds A ..No par 10,900 29 12% 97g 76% 100 - ♦Saaroruecken (City) 6s......1953 J "•6% partic preferred.....*25 Diamond T Motor Car Co.. .2 Distil CorprSeagr's Ltd. No par 5% pref with warrants.. 100 68%May 22 ...No par '-7-May 3 34 Apr "8 1,500 ' 10% 37 *36 Dixie-Vortex 800 Class A. 50 _ Co .......—No par 11M 12 M 8M 8 16 15 68 68 20% 12% 70 70 116% 116% *18% 18% *4% 4% *7 20% 12% 20% 12% 70 70% 115% 116% 18% 18% *4% .4% *7 7% 116% *114 147 147 146% 126% 126% 126% 113% *113% 115 30 297g 3 134 3% 134% *176 177% *31 31% *16% *26% 27 *13% 13% 16% *% 1% 39% 36 36% 29% 29% 28 *45% 46% 3 27g 80% 85% % 85% *% 5% 41 . L 1% *1% *1% *73 6% 41% 1% 1% 1% 29% 27 267g *45% 46% 111% M 16M 16M 38 27 M 0 27 M 27M 27 M 3 ,31% 16% 26 12% 1% 12% 69 . 69% 115% 116% 17 17 63 - *3% *7 4% 145% 146% 146 126 126 31% 16% 26% 13 1 1% 38 35% 4,800 $4.50 preferred—....No par Duquesne Light 5% 1st pf.100 700 113% *112 " 113% 10 133 29% 3% 133% 134 135 177% 176 170 40 30% *16% 25% 30% 16% 26% 12%. 1278 % »%• 1 1% 35% 36 33 337g 30% 30 • 4,400 1,100 3% 3% 75 June 92 Mar 42 Sept 60 23 Oct 16M 26 M 15M 27M 27M 26M' 43 M 69 M 8M 26M 26M 26M 5 -i 16 5M "_5M ..... ..... 3M 4 400 200 4M 3M 3M 20 M 26 M 79 M 61 80 M 30 M 30 50 M 30 44 17 25 21 21 34 54 38 42 5 "79M 25 16% 26% 13 13% 4,000 Electric Boat 1,500 8,600 29 Jurie Elec & Mus Ind Am shares. "n ' 1 1% • ■ 3% May June f 5 Ms s 1971 J With declaration External J ; f s -jj- 17 "34" 34 5Msguar...*..1961 AO 30M With declaration...* s %«Dec 3 external readjustment *56 55 *56 48 59 57 M 1964 MN *56 39 H 60- i ... , 56 M 1979 M N External conversion 56 58 57 58 > —1979 M N 3M 35M 55M' extl. cob v.* ;; 1978 J V A V.4-4M-4Ms extl rjeadj.. ..1978 .F .. 3 Ms extl readjustment...... 1984 J j Jan. - ,V: ( ; 55M •2 57 M 45 .1. . Jan Jan 58M 12 2,300 34 34 $6 preferred— 1,900 700 200 - 10 6,900 ; No par 45 9 4 Endlcott Johnson Corp....50 100 108 June 27 1 2% Oct 31 5% preferred. Engineers Public Service 74 *73 75 400 No par 65 Feb 26 7912 *79 79 79 800 Feb 14 87 87 100 $534 preferred No par $6 preferred........No par 70 87 7914 *83% 79% *86 *ht .% 67g 5 5 4012 *1% *1% *1% 407g 1% 1% 1% 78 1% 6% 4% 39% *1% 1% *1% *73 1% 6% 6% *23% 23% 23% **i« % % 14 1% 6% *3m 67g 6% 5 4% 40% 1% 1% 1% 78 39 1% 1% *1% *73 ho 6% 47g 39% 1% 1% 1% 78 1% 1% 1% 23% 6% 23% 6% 23% *% % «H 6% 23% % 6% 4% 1% 1% 1% *1% *73 - *1% 6% 237g *%« 78 75% Feb 14 1,400 Equitable Office Bldg..No par {Erie RR common w l.No par 5% pref series A w 1....100 32. Aug 12 900 40% 1% 1% $5 preferred. 4,400 8,500 4,300 • 6% 47g 40% - • Ctfe of deposit......... 100 1% Oct 27 1% .Nov 13 1% OCt 20 1,400 ' W - w w • : 1% """760 6% 237g h 700 800 100 Ctfeof benef int 1st pref ctfs of w i..No par : % Oct 30 6% Nov 13 4% Nbv 12 r deposit.. 100 2d pref ctfs of deposit.. 100 Erie & Pitts RR Co... 50 : 75 Feb 28 Eureka Vaouum Cleaner..*.5 l%Nov Evans Products Co.* 5% Feb 19 7 Ex-Cell-0 Corp. 34 . 06% July 127% Nov 14% JaD 30 \ V- A O 20 - '8 M (CityjofJ6s..:..„;v. 1952 MN^ " " Xtii' ** it* v.v, , t" .• tl -.W:-A--« :: 17 M 20 Q *94. *21% 39% 20 U 97% 22 *10% ,11% 38% 19% *8% *94. 22 *10% 38% 20% 8% 97% 22 11% For footnotes see page 1082. 37% 19% *8% *94 22 *10% 37% 19% 87g 97% 22 11% 37% *19 *8% 37% 37% 37% 700 Fairbanks Morse A Co.No par <rit< . •V 5 5M' 4M- • : • ;V5„ 145% May 129% Dee 118% Jail May i 47% Sept 22 Oct 14 Jahll 7 (80% Apr 4 <83% July 17 >89% July 24 % Jan 30 j Aug 22 7% Aug 4 142% Nov 5 1% Oct 1 1% Sept 24 I 1% Sept 24 75 Feb 28 < 180 - . ♦AdriatloElec Co extl 7s Ala Gt Southern 1st 1% May 8% Jan, Jan 83% May 417* jan 40 19% 8% 19 19% 2,200 Fajardo Bug Co of Pr Rico. .20 ♦8% 87g 97 22% 11% 95 96 *92% 22 22 22% *10% *10% 11% Federal Light & Traction*.. 15 '"""56 700 $6 preferred ..No par Federal Min A Smelt Co...-2 Federal-Mogul Corp........5 May 17 16'2June24 • 8%Nov 90 May 3 247$ Mar 10 45% Jan . Mar 83 < ■ 37 * 30-" .—8 -57M 32 . 66 M 66 M 55 D 1947 J D 1946 F A ,i06.M 5s modified Jan 43M 67 55M 09M 102M 103M 100M 107M 55M 49 105M 100 M *15 106M *105M 105M 105M 100 M 108" 20 25 107 % 110M 105M 107M 105M 53" 53 48 59 53 •: 53 41 84 M 75M 54M 85 75 80 88M " 84 % *80 ■ •: 85 i, .1944 89 .1949 5s modified.. 5s modified * 67 *102 M *103 M 76 76 .1950 63 M 03 65 60M 59 M 60 M 58 M 93M 79M 65M 63 M 69 73 *. — ......... .... 88 X .1950 90M 77 M ■ % Dec % • Allegh & West 1st gu 4s .1998 Allegh Val gen guar g 4s.......1942 M S Allied Stores Corp 4Ms debs...1951 F A Jan '' ' < - *60 . 76 Jan 97 1953 J 1948 lif S 1952 A O 5s. 1943 J D 1943 J D ♦5s Income.-. Jan 89 1953 J D Alleghany Corp— ; 12% Jan Dec Allis^Chalroer* Mfg conv 4s....1952 .1955 ♦Alplne-Montan Steel 7s \ ,•••'*• M S *67% Aug 6 : 67% Aug 2% Dec 5. May 20% ' Jan % Oct 3Msdebentures.i...........1961 A 0 .1966 J D :,3Ms debentures.. Feb il 34 4 ^ 1 * 29% June 17% May 6 13 Mar 17 11 May 100 Jan 27 85 16 July : June 26% July 24 14% Jan 24 . 12% Aug j May Jan J \ Am Type Founders conv deb...1950 J .1975 M N ; Am Wat Wks & Elec 6s ser A.. Anaconda Cop Min deb 4Ms...1950 A O ♦Anglo-Chilean Nitrate deb....1967 Jan .1995 {Ann Arbor 1st g 4s Ark & Mem Br& Term 5s.....1964 Armour A,Co (Del) 4$ B.......1955 1st 814s ser O (Del).....;.,1957. Atchison Top & Santa Fe— -■General 4s.'. Mar 29% -Jan 16% 107 M ■ 67-M 103M 100 M 109M 110M Oct. ... . .^Adjustment gold 4s....... For footnotes see page 1063. Q / J .1995 A 0 .1995 Nov *52*" *09Ii 35 100M 104M 101 13 109M, 110M 106 M llOM 106M HOM, 109 M 110M 110M 55 1HM 517 105 1 5 108 M 2 106 M 12 *35 M 38 M 08M * ...... 109 100 113M IOIM'108 106M-111 .. 102 M 106M 26M 37M 68M 49 106 i 106 M .105 106 106 M 105M 107 108M 109M JQOM 106M 111M *99 M 106 99 M 103 42 108 M -108.X 106 M 106 J 100M 108M 154 105 111 M S FA 11 25 *66 M. 103 103,, 100'%jl04 102, 105M 104 M 107 M 107 M * 67 M 101M Apr 49% Apr 81% Apr 187* Apr 102 .1956 M 8 3s conv,deb.... 69M ♦100 M *104 M S Foreign Pow deb 5s.....2030 M S I Amer I G Chqm conv 5Ms.....1949 AfN Am internat Corp conv 5Ms...1949 J J American Telep & Teleg— Am & 2 21% Feb 15 107g Apr 18 34 M - 32 6s with wary assented .......1948 A O Alb & Susq 1st guar 3Ms——. .1946 A O 3Ms registered .1946 A O Apr 112 May 77 f *34 M Albany Perfor Wrap Pap 6s....1948 A O j 36% NOV jr247* June 26: May 35 May 102, May 6% May 63 May cons A lsfrcons4sserle8B... i 407* Nov 18% May -15% May , Apr • % Jan * 17%- Jun 66 7> .'COMPANIES 37 -May 10% May 's Dec 3 * 4M FYtJJ ....j. {Abitlbi Power & Paper— § *58 series A unstamped ♦Stamped ,, Adams -Express• coll tr g 4s..*. i : Goll trust 4s of 19071—.... i 10-year deb 4 Ms stamped... Dec t 2 8 6 7 a 41%-Apr 18% Apr - •10 > : May 10%May • * > « 9 RAILROAD and INDUSTRIAL i 25 22 ' Jan - 44% May 6% Nov 166% • Jan' 1-1.7 -June 155 June f tf With declaration:...* 189% Apr 114 : i'Vi 1*,"^ - 9M 3 ;V Mar 120 •3- May 113 , w 2M ■ 13% Jan 25% June Oct 30 34 28 / 10M 4M Yofcobamt, (Clty) extl OK.1,161 > *38% 46M " ♦Warsaw ^Ity^external 7s...1958 F A *4Ms assented.;l-.v.t...;;.-1958 F A •- Apr 9% June 11» Oct Jan '34% Aug 29 33 July 7 1 10 • -5-May 5% Jan 23 3% Jan 8% Jan 30% Jan 23 —.3 Exchange Buffet Corp. .$2.50 •'11%-May 112% May %Nov 10 5 60 V ♦Vienna 24% Apr 337* Jan 947* May 171 : Apr ,14; May. hlay »367g Jan 10 !177gSept 8 ;3378 Jan 10 !17% Jan 6 | •; 7g Aug 5 4% Jan 11 !397gNov 6 >36% Nov 6 May 27 26% Apr 29 39% Feb 14 3 <; 145% Sept 18 182% Jan 9 Nov 13 87 80% 87% *ht ; % J 7 7912 . * 28 Elec Storage Battery. ..No par El Paso Natural Gas..— 56M 55M 35M 41M 36M ^>.1- ♦Venetian,Prov Mtge Bank 7s* 1952 ; - , 118 Apr 21 % Jan 1 .. "-3M-4-4M8 (8 bodds of 1937)— > Apr ■ * i960 .1/ N f 68—..'. ♦Externals.!6s.j....— 3%S-4-4M8;($bonds of 1937) - * 19% 23% :• .67* ®4 "i2%Miy , 27% Feb 19 23% Feb 19 -No par $7 preferred 5M 6M U 28%May< . ^ 10»4July29 117 .Jab 9 l04«4 Jan t267g Oct 29 12% Feb\14 Electric Power & Light. No par 6,900 36% ..*..3 10 - < 14% Feb 14 Electric Auto-Lite (The)....5 31 16% 29% 28% 28'g 29 29% 26% 26% *26% 28 27 27% *45% 46% *44% 46 45% 46 llO 110 *105 10978 ♦105 1097g 2% 2% 2% 3 3 27g 74 Edi3on Bros Stores Inc......2 3,100 30% -26 '30 'Apr 21 6% cum preferred—....100 Eaton Manufacturing Co..-.4 6M 9M 4 10 5 Tckyo City 5s loan of 1912.. .1952 MS With declaration—....* *_ 5% Mar 18% Nov 8% Apr 114 Nov 237* -API! • 13% May 141% Jab 4 '■ 23%June 24 I 6%. Jan "8 May 14 27gJuly 120%May 26 160 Apr 29 Mills 5 Eastman Kodak (N J).No par Eastern Rolling 38 May 14% May Taiwan Elec Pow 61 6% July 107: 123% Jan 28 ! 17% July 4* [79 • Jan -9 24 1 Eastern Airlines Inc 3,800 29% 3% 29 73 8% preferred... 100 Du P de Nem (E I) & Co...20 10 16 M 16 M b8M . 6% Oct 16 105 Aug .4 138 May 1207gFebl4 111% July 9 No par Duplan Corp.* 126 116% *114 4 Dunhill International.......1 100 77g 116% 146% 25M 70 ;'9M 26 "~5% sec ♦Silesia (Prov of) extl 7s—.... 1958 y b ♦4 Mb assented 1958 J D ♦Silesian Landowners Assn 0s.. 1947 F A Sydney (City) s f 5Ms ....1955 F A r May 31 Dome Mines Ltd. L.No par 117g Nov-12 Douglas Aircraft No par. i 63%.Feb 19 Dow Chemical Co.....No par (/111% Sept 16 16 ; Oct 23 Dresser Mfg Co..—..No par 800 *176 176 73 74 12% 16M 63M 26 M 25M J 1940 A 7s..... 16 M 38 10M extl—...—.1962 .UN With declaration * 23% Jan 25% May 36% Apr 41'■• Jan < 3, p32May fi 43% -Feb 110% Jan 10 j;v4% May ij. lO'* Feb i 18% Jan 11 12% May 20% Nov 86 * Dec {86 i Jan ,< 6 -Ml* May ! 11% Nov 10 f 9 - -Dec >14% Apr 88 » Feb. 30% May <37% Oct 30 17 Doehler Die Casting Co No par 2,400 6,300 5,000 5,600 87 *73 78 176 % 23% *6 30 3% 133% 134% 35% 33% 17g 67g *1% 3 % 29% 12 21% 12% 21 68% 68% 114 114% 17% 17% *3% 4% *7 77g 113% *112 29% ; 21% 126 126 126 20% *114 14614 146% *112 1% 387S 35i2 67g 7 7 4% 7% 114 % -74 75 *79% 4% 1% .38% 35% 2% *73 18 114 30% 3% *110 112 *110 . 116% 147% 126% 113% 134% 176% 176% *31% 31% *16% 16% 267g 26?g 13% 13% ' *26% i 18 *7 134 ".6 1% 38% 20% ■j 11% 12% ,68% 70% 114 116% 7% *114 29% 3% 20% 32 22M 54 M 68 M 16 ...r.i With declaration... 20% 12% 12 M 15 12M 1968 J s f ♦7s series B 4% % 8% May 2% Dee Diamond Match*..J..No par 7M ,UM *12M Apr 21% May . : 7j 20% 8eptJl5 ! 297g' Jan Tl 12 M Feq Dec 17 May 13*4 May 23% Apr 14M 12 12 M 11M TIM 29% 3 i 14 9M 14 J *6a extl dollar loan Dec • 45% 29% Dec 634 Aug -1 900 17% "il H ....1964 .US {♦Secured • May May Dec 91% June Fdb 19 600 75 il3M ♦Sao Paulo (City of. Brazil) &S.1952 .UN ♦6 Ms extl secured s f— 1957 UN §*San Paulo (State) 8s....... 1936 J J ♦8s external. r..L 1950 J J ^7s extl water loan.. .*.1956 M S Feb Jan May 35% Oct 11% Mar 32% Mar 31 9 Aug 12 27 7M 6M UH 16M Sahta Feextls t4s._ 4% Jan 8% May >21 June ; 117* May % 12M With declaration - 92M 1 Nov *99 Oct 1*4 May P 3% Aug 60 May 46% Dee 97g May 19% June 1% Oct _ 19% Nov 10 13; Apr 21 2a%Apr29 34% June 12 «7g Apt 21 12%May 12 600 't ' Serbs Croats & Slovenes (Kingdom) ♦8s secured extl. .....1962 .UN With declaration 28% Sept i 30% Aug 18% Jan 14; July 31 6 59 , June 2%,Feb 19 -.... 1 ' - Jan Apr Dec i 27 > Apr 30 - — - 7% 38% 45% 21% 95% 47% 5% Sept ? 18 Sept ! 11% Oct '114 Jan luSept23 24 - 3% May 183* June 36 July 12 May 75 May 25 May ' 14%May 26 16% Apr 18 109% July 2 ; 185^ Feb 19 27 20 11M 10 M 10 H ♦Uruguay (Republic) extl 8s..l946 F A Dayton Pow & Lt 4)4 % Pf-100 Deere & Co.........-No par Preferred.. 20 100 *>16 • 19% 19% 16% 16% 24% .24% 30% 39% 8% " 17 17% *74% 7.5 19% 900 4% 9% 4 " 10% 112 88 27 7 1960 ♦,7s municipal loan.....;...1967 J D ♦Rome (City) extl 6Ms—1952 .4 O ♦External *4 A ♦Rio de Janeiro (City of) 8s.*.1946 ♦Extl seo 6 Ms—. *.. * *. *.. 1953 Rio .Grande do Sul (State of)— < ♦8s extl loan of 1021 ...1946 A O : ^6s extls f g.. —....„:1968 J D ♦7s extl loan of 1926.......1966 M N D *4% .88 9 ♦Saxon State Mtge Inst 7s._..1945 ♦Sinking fund g 6M8 1946 July 14 20 12 8M 7M 16 Feb 2 l *5 S 12M 12M 23 27 8 L. 32% 90 Aug 12 i 47% Mar 29 Apr 18 M 8M 3vll; ; Apr Apr • i 4 15 12M 12 23 1952 AO f 6s.- R < 34% Feb 10 10% Sept S 29% Jan 10, 42% Feb No par 4% • 6 i 4% 8% ; 2% ! 5% 23% June s 17% Dec Jan 12 12 12 14 M 3 M x *9M 11 J 75 Nov 12 7% Feb 14 ♦External 12.; D UN Queensland (State) extl 08.... 1947 F >49% Apr 9% Apr 277* May 40% Mar 2May v 4% Feb 25 Jan 16% June 33 Apr 18% May 25% May 15% Mar 47- May 70 May 61% Jan .41, May 65 Jan 40% Deo 165 Dec May 184 4 7% Apr May LiSept 1% Apr 13 June 24% Jan 10 45 10M .... 12 Dec fl74 Feb 327* Apr. May 4%,May 27, 8, 28 10 4 14 Jan 13M 4M Jan 19 25 24% Apr 22 - 83 . 11M ' 3M 4M 3M "~2 "~5H 1963 J "j 1961 J Extl loan 7Ms.*.—*...—.1966 J 110% Mar 1% Jan lot* Apr ■ 70 12 "ii "s": 12 4 With declaration—_ ♦Prague (Greater City) 7 Ms... 1952 ♦PrusRla (Free State) extl 6Ms. 1951 100 6% May _ p 17g Jan 6 v ♦Porto Alegre (City of) 8s. Apr 99% Dec - 6% May % Dec : 2% May 8% May 93% May 97* May • 6 T" High 7 - 2 ..... ..... Jan 16 107 ■ , 10 Jan • . Nov 12 Cutler-Hammer Inc...No par S8 preferred Oct 18 J No. Low WW* "T" ..... g Apr Jan 24% Feb • 2 22 22 18 Cushman's Sons Inc 7 % pf. 100 . 48% 7 O *10M 5H *4Ms assented... Apr 6% P< 2% May 3' 23 _—l Class A Mar 31 %Nov No par ...1 preferred— Curtlss-Wright 2,600 t66% Sept ' 52% Jan j 53% July 182% Jan i 47g Jan ! 78 Jan ! 197g Jan O 73% Jan 21% May "97% May ;• »* Aug . Curtis Pub Co (The)...No par Preferred..... No par 8,300 : 48% 15% 4% *16 23 88- 46% 16% Cudahy Packing Co— Cuneo Press Inc.....*.. 1,000 % 4 23 8% « Feb 18 6 I* i960 "j" 8s. With declaration.... 33 4% May ; 9 4% Jan 6 !' July 15 !9%May 28 27% Jan 10 39% July 7 45% Jan 9 ' ll%M»y 1 1538 Jan 7 Oct 6 82%May 2 < 94 34 Oct 17 1 47% Jan 3 78 Oct 17 4 98% Jan 6 l%May 6 ; 9% Sept 6 3% Feb 15 : 8% Sept 5 72 Feb 15 127%Sept 9 74 Nov 7 4178 Feb 20 ll%May 6 16% Jan 25 Crucible Steel of Amer. No par 81 36 80 43 Since 1% June May May 75 10 13 21 13 27%Npv : 12% Nov 12 $5 conv preferred... .No par 89 22% 63; . 1 11 O With declaration. 7% 25 I 23% Jan l4 14 f 187g Jan 2 14% Nov 13 Crown Zellerbach Corp.....5 89% 12% 89% 35% 22- 24 % Jan 95 $2.25 conv pref w w. .No par 12% 7% 28 24 16 2 0 A With declaration.... ^External sink fund > Mar 16% 2% May 14 May 3 3 | 10 Sept 3 14 i 457g Sept 3Q i 26 4% Jan 3% Oct 14 i — 43 74 25 170 Crown Cork & Seal....No par 270 10 i 40% Jan — Coty Internat Corp 9,500 11 . 2 32% Nbv 13 42% Apr 21 CrosleyCorp (The)....No par 784 Coty Inc..... Crane Co May % Dec 42 May 257g.Tune l%July 3 52 1 1 25 Crane Co 5% conv pref— .100 Cream of Wheat Corp (The).2 3% 7% 2l34 120 24% 19% 8% 25% 90 5 Continental Oil of Del 600 113 12 1 . Continental Motors.._ ——.1 1,000 June 8 'Jan July 3% Oct 17 79 8% preferred.....-. —.100 ;87g 97 ' 12% Feb 15 s Continental Can Inc...... .20 44% Jan 15 8% July 1 Nov 12 I 23% Jan 1 May 26 j 107% Jan 27g Feb 15 15% Feb 4 99 Container Corp of Amerlca.25 Continental Bak Co._.No par 2,900 June High *7H A ..1947 A f 7s. s *4 Ms assented Jan 32 29% Nov 6% Feb 35% Feb 2%May 17% Feb 15% Apr 12% Nov 5% conv preferred.: 100 Consumers Pow $4,50 pfNo par 300 Dec 48 • 108% Feb 66 Apr July 3% Jan 6%May 57g Nov j 7% July 30 -July <106% Jan i 16% July : 5% Aug <109% Nov f 26 Low (Concl.) ..1968 A ♦Stabilization loan 8% Mar June 13i» Jan i Consolidation Coal Co.__-.2E 200 Jan. 1 Price 0, §*Poland (Rep of) gold 6s.—. 1940 ..1958 ; *4 Ms assented Apr 98% 95 1% Oct 27 i x5% Apr 14 I % Feb 15 >• .. May 1178 July 28 % Jan 2 ; 7% Apr 14 I ConsolRR of Cuba 6% pf.100 7% 22% *72 12% 16% Consol Film Industries.... $2 partic preferred ...No par Consol Laundries Corp.. Consol Oil Corp...-.■...No par 4,000 - 3% 25% 26 52S4 527g 44 t 3% 95 11,200 87g 44% 14 $5 preferred........ No par 400 31 Mar 104% Oct 31 377g Jan 10 110 584 Apr 21 Coppermlnes Corp Consol Edison of N Y. .No par " 31% 30 87g ; Consol 29,800 7,900 1,500 ; ■ 30% 30% 8% ; ■[ 8% 43% .44% 3% 3% 25% 26% 18 17% 1284 12% Consol Aircraft Corp... 2,300 1,600 6% 6 5% 5% 4% 4% 4% *20% 22 20% 20% 1017g 1017g *1017g 102% 13% 13% 13% 13% 3% 3% 3% 3% 106 105 105% 106 *118 % *24i4 *19% 8% 25% *84% 6 102 99% 100% *100 14% 14% 14% 14% 14% 23 2% 34% 32% 33 48 49% 49% *175% 177 175% 177 3'% 3% 3% 334 % % % % 12«4 13% 12% 12% 14% *41% 13% 3% 97g 2% 6% 57g 484 *9% ,5% 47% 100 100 102 *100 54 35% 49% 175% 3% % 13% 34% 35 49 9% 984 2% 6% 47g .4% Congoleum-Naim 5,100 69,000 % 106% 106% 13 *52% 6: 57g *16 , 18 13 13% 54 j 614% prior preferred... 100 14% 3% 8% 44% 3% 26% 44% 110 97% 13% 30% 9 *8% 441g 3% 26% 18% 30 94 14 21 *102% 103 14 13% 14 3% 3% 3% 3% 109% 109% 109% 109% 31 7% preferred—..——100 97% ! ( Jan 30 (• 65% July 20% Nov 14 | 30% Jan Jan 27gNov 14 / 4 14 Apr 25 ! 18% Aug 19% Oct 20 : 22% Oct lO%May 26 ; 157g Jan 82 May 20 i 97% Jan 90 May 23 103 Jan Inc.No par 1 Consolidated Cigar....No par 10 14% 28% Aug 28 3% May 14% May 27% June 49 $6 preferred series..-No par 2,000 17,800 71 July 11 77g Oct 22 % Oct 20 Commonw'lth & Sou..No par 900 15 Nov 12 83 $4.25 conv pf ser *35.No par zl02%June 9 Commercial Sclvents.-No par 8% Feb 15 ...... 21% 13% 94 26 Comm'l Invest Trust ..No par 10,200 91 1484 207g 13% 97% % 4% 4% 100 Conde Nast Pub Inc.. .No par 14 % ... Commonwealth Edison Co.25 967g »<6 M % conv preferred. 100 14% 103 103 14 103 4 27g 98 6 i 200 6,500 53 *89% 697g Apr 29 4%May 16 21% Apr 17 2l%May 20 99% Apr 8 Columbia Pictures. ....No par $2.75 oonv preferred-No par Commercial Credit.....---10 21% 20% 27g 6 584 2,000 9% % % 52% 14 2% 6% 4% 4% 23 *21 24% , par ■■ Columbian Carbon Co.No par 9,100 47,900 2,400 30,200 9 97% % 9% 98% **16 ■ .<,\ 500 75% 75% 6% 6% *257g 26% 22% 22% *104% 104% 27% 27% *108 109% 6% 6% 584 584 ; 15 98 $ 26 *257g 27 26% 22% 2234 2212 227g *103% 104% *103% 105 26 27% 26 27% *108 109% 109% *108 9 9% 87g 8% % % % % 5184 52% 51% 53 20% 21% 207g 21% 3% *27g 3% *27g 15 15 14«4 15 20 20% 21 21% 13 13% 1234 12% 92% 92% *89% 92 94% 94% *92% 94% • 9 share 7584 per *73 684 6% 6% 6% *25% 27 27 23 23% 22% 23% *103% 105 *10312 105 27% 27% 27% 27% 109% *108 I09ia *108 $ 76 75 Range Friday's Bid & Asked Highest Week vcr Highest Range or Sale b.2 N. Y. STOCK EXCHANGE Week Ended Nov. 14 Lowest WeeVs Last BONDS Range for Previous Year 1940 . 98 H 88 H 71M 100M 107 93 M Volume Number 154 THE COMMERCIAL. & 4008 FINANCIAL CHRONICLE NEW YORK BOND RECORD Last Y. STOCK EXCHANGE Week Ended Nov. 14 N. I| Range or Hale Bid aS Jan 2 0 0905 Asked, & ' Range Since \ Friday's Price NEW YORK STOCK RECORD Week's Friday j BONDS LOW AND HIGH Low Fe (Concl.) Stamped 4s — 1095 MN Conv gold 4s of1909—.— — 1955 J D Conv 4s of 1905— —1955 J Saturday High Low No. •i 4h of 1910—; —1960 Conv gold *97 Conv del) 4-----------1948 J 102 •1J2 ^ J Cal-Ariz 1st & ref 4Mb A.*. 1962 M 8 m 110% 1044 ♦ 1944 J J 1st 30-year 5s series B Atl Coast 1st cons 4s.-.--July 1952 M S 1964 J D General unified 4J3» A 10-year coll tr 6s.—May L & N coll 1945 MN 1 gold 4s.. Oct 1952 MN 4s...-........ 1948 J J Atl & Dan 1st g Second mortgage 1948 J 4b 5s... 195»)y At! Gulf A W 18S coll tr 69% *43lj *13 23 94 111 95 J 104 ■ 17% 105 22 92% 11% 19 17 12% >21% 4I0 25 *30% . 31 *30% 34 % 13 12% ♦123% 125 :, 75% 104% .103% 106% -6% V *124 6% 20 125 6% *37% *35% 19% A O A O 57 X 58 >3 * 56% 102 63 20 95 96% 36% 19-% \ 62)3 604 58% 20 D 32 M ,31)3 33 Vx 96 30% J D 37« 36 Vt 38 H 60 35% 53% 21 32H 31% 1 1960 FA 33 >3 32 50>3 50 33 :..T: mi: MH1: 101 105 30% 4 33% 373 35%- 50% 84 33% & : to Jan 1 1947) due..:.. 1950 J 7 J j 1959 40'3 40 48 47% •• 41% 39- 153 15 , - ;*:• ! '50% 46 ..1943 94 -.1951 5s. . Bangor A Aroostook 1st Con ret 4s— 48 >3 49 4s stamped...—....— ..1951 02% 4773 47% Battle Cr A Stur 1st gu 3a— ..1989 Beech Creek ext 1st g 3lis.. ..1951 Bell Tclep of Pa K 10(7" 5s series B_. ..1948 i 3>3s..._. -1943 Beneficial Indus Loan 2 Ms— .-I960 -.1951 J ♦Berlin City El Co deb 6Ms. 1 • . 43 84% 109 ...1955 • 130 3 D To 25% Consol mtgc 3>|s ser F—— 1960 Consol m tge 3 >i s ser 105% Big Sandy 1st mtge —__1944 J D Blaw Knox 1st mtge 3M8-——1950 F A 106 102% 106% <i 103 104%: - ] lOTJilOft 99% 102% *107% 102 102 3% ' 1st M S ' 77 H 77% 86% *72% 70% ; MN 1st g 4«s series JJ A O 1st mtge 4bseries r ♦Inc mtge 1961 RR......1960 j 4)36 ser A...July 1970 MN F .4 F A .♦Boston ANY Air L 1st 4s —1955 Bklyn Edison eons M 3)38—.1966 MN Bklyn Union El 1st g Bklyn Un Gas 5s...—1950 ist cons g 58—1945 5s—......-1950 Debenture gold MN A.... 1947 MN 1st lien A ref 6s series 1957 Buffalo Gen Elec 4>3S B.. —..1981 Buff Nlag Elec 3)38 series C—1067 Buffalo Rochester A Pgh Ry— Stamped modified (Interest at 3% to 1946) due.........1957 1st Hen A ref 5sseries B..._ Q-37T 37 >3 J D J/N F A J D MN 19% ill" 111 71% 38% 19% 111% 79%'' 73 77% 86% 77% 81% 78 _ 108 108-' 36% 37% 6V 5% 5% 79% v.e:-1 3% 6% .3% 6 J 4 81 66% 56% 57% 41% 75% O 57?i 77 66 , .. 1962 1957 July 196.) Oct 1969 ..1970 5s A Canada Sou cons gu Canadian Nat gold 4>3s —. Guaranteed gold 5s Guaranteed gold 5s Guaranteed gold 5s Guar gold J J A O —- 1951 —1946 stk perpet lio"** : F A S 105% 105% I J 110 H J 66% 110% 66%. M S 93 J —..1954 1 D .-I960 I J J J {♦Carolina Cent 1st guar 4s...1949 M S Carolina Clinch A Ohio 4s... .1965 Coll trust gold 5s Collateral trust 4(4 S 3% *21% 83 >3 ♦47 14% 44 70 107% MN *103 F A 10U 43s 1955 F A 101 J Celotex Corp deb 4 >38 w w— 1947 J ♦Cent Branch U P 1st g 4s.... 1948 D 97 Celanese Corp of America 3s.. {C.entral of Georgia Ry— ♦ist mtge 5s .....Nov §»Consol gold 5s......... ♦Ref A gen 5>isseries B.-.-. ♦Ref A gen 6s series C 33'2 25 8% 17's 24L ., 2358 143 *53. 60 *33 95%* 41 47 : 18 97% 20 25 17% .30 13' O 2J3 1959 A O >.2% 1959 A 12% 2% 28% .6%. 1% 13 3 3 >38——. {♦Cent New Engl 1st gu 4s— — {♦Central of N J gen g 5s.. — . 5s registered—- i -.——... ♦General 4s 1— 4s registered. -:,--—'— Central N Y Power 3%8._ Cent Pac 1st ref gu gold 4s Through Short L 1st gu 4s. Guaranteed g 58.-—.——— — —— 1966 A O 1961 J J 1U% J 1987 J 1987 1987 J J 2%. *13 *10% 68 16% 14% 15%. 14%. 14 14 1987 3% .. 15% 13% 112 68% .17% 15% 14% 5% 2?8 19"2 1962 A V 1949 F A " O 1960 F A 108 107% 68% 69 >3 *60 "Si" 49% 108" 11% ••11% 12% 49 ill 51 Central RR Certaln-tefed A Bkg of Ga 5s. Prod 5>3s A!— 1948 M 8 *79 84 84 Champion Paper A Fibre— M S S f deb 4%'s (1935.issue).-- 1950 S f deb 4Ks (1938 issue).... Chesapeake A Ohiolly— Genera) gold 4)38.. *1H2 12% 1134 ^ *11 Is 55 * *102 5%* 5 * 16%; 15% ..i . 105 16% 16%» *146 *51» J6% 147 *95l2 1 19%* 5l2 99% 218 *83 6l2 *.... *125s 7038 2d For other footnotes see page 1989 J 1989 J J J 1083. 131% 104% 104% 104% ' *121 ,*115 131% 105 105 *18 91% 128% 134 102% 106 102% 105% , 119 120% 122%.— 38 preferred 92% 20% 128% 128% 26% 20% 40>i 39% 300 39% 51,900 7,100 *115'4 116 1% 7% preferred...... 100 General Cigar lnc No par 12,300 7% preferred 132 36 2% Feb May 21 46 32%May 31 41 .. 19% Nov 16 Nov 10 95 36% 126% 44 44 3% - 3% 96 V 36% 37% 125% 126 44 55,200 44 3% 50 *3! 12 12 *21 22% 21% 16% 16% 9% 9% 9% *741.1 75 19% 19% 12% 12 *16% 34.50 preierred.....No par 112 11% 3% 49 11% 3% 49 6% 6% Common..:... 14% 14% 44 44 44 44 "i« 112 No par Glldden Co (The) No par 4)4 % conv preferred 700 Gobet (Adolf). 50 1 *2% 2% 1,700 Goebel Brewing Co........-l 84% 85% 40 Gold A Stock Telegraph Co 100 70 17 *82% 2% 83. '2i 05 % 41., 2% 65 % *3% 9 9 9% 25 8 *24% 17 23% 24% 24 142 142 *140 71 10,400 *i 1,900 16% 17% 6,100 82% 500 2% 2,400 65 65 :;i 230 • 7g 14,700 4 Jan Dec 10 May 27% Mav 20 Jan 40% Feh 14 22% 21% Jan Sept 12% May Jan 7 7 Jan 7 July 31 Jan 21% Apr 38% Mar 25% Apr 8% Nov 22 6% Nov Jan 40 May 0% Sept 102 Jan 106 19 5 7 7 Jan Jan 25 98% July 21 32 8ept 18% June 35 June Nov Jan ' i07% Apr 21% Apr ' 9% May 01 May 118 2tj Aug 20 Dei 6% Maj Apr 41 Dee 39% 24% May Dee 23% July 29 Aug 1 99 7% 17% 23% 23% 141 60 4% Jan 4 7% Jan 15 7 Jan 27 Jan 10 Jan 15 % July 24 23% July 24 29% Jan 11 11% Jan 10 80% Sept 110% % 16% 106% 24 Nov Aug 16% Jan 22 6 June 20 lll%June 13 14% July 31 2%May 13 4% Sept 3C 34% May 24 50% Nov 6 9% Sept 12 6 17% Sept 18 46 Jan ,9 12% Feb 24 40% Feb 25 % 2% 81% 11% Nov 14 Feb 13 Aug 1 Apr 19 25 1 June 10 s8 Apr 17 74% Oct Without div ctfs....No par Granite City Steel.....No par Grant (W T) Co 7% Nov 14 Gr Nor Iron Ore Prop. .No par 13% Feb 18 5,600 Great Northern pref...No par 22 2,900 Great Western Sugar..No par 80 • 10 ioo Preferred— Green Bay A West RR " 1.266 6,100 11% *11% 11% 300 13% 13% 13% 3,100 2% *2% 2% 400 39% 2% 39% 2% 19 13% 100 Green (H L) Co Feb 14 2 138% Mar 26 197g Jan 42 Mar 26 29%May 27 9%May 5 10% June 27 70 Inc.......1 Greyhound Corp (The).No par 5)4% conv preferred 10 Grumman Aircraft Corp....1 Guantanamo Sugar....No par 8% preferred........—100 1,400 Gulf Mobile A Ohio RR No par 900 $5 preferred........No par 1% Feb 19 0 Feb 14 12% Apr 23 1% Feb 4 13 Jan 3 118 Apr Deo 37% May 110 56% May 60 7% 3% June Jan Jan 1% 19% 106% % Nov Jan 9% June 80t2 Jan Deo 'hi Apr Apr Dec * 13% July May 18% 33% 10 July May 14% Jan 05% Nov 10% May 7% May 13% May 24% Mar 13% van 14 98 23% Feb 106 10% May 23% 3 6% Mar 61% Mar 65 11 May 19% Jan 30 May 5 Deo 9 20% 1% 6 45 20% Sept 18 90 Jan 27 09 36% Jan 16 25% Jan 22 18% July 30 28% July 22 28 July 29 144% Aug 15 Aug 6 36% Sept 2 52 14% Sept 17 11% Apr 22 18%Sept 9 3% July 28 41 Sept 29 Jan May 90 Nov 13 pr May Sept 30% Oct 4% May July 1% Jan 11 Jan 43 May 65 Jan 20 2 3% July 18 Apr 10 June 10 74% Oct Deo 110 5% May % Apr 127% Mar 32% June 100 Jan Jan 101 131 May 77 2 dlv ctfs.No par % 44 Jan 10 21% Oct 6 w % May Sept 77% May 28 2% Jan 25 2% Sept- 4 91 12% Jan 13 2% Jan Oct 20 32% 19 118% 6 9 12% 40 Apr Apr 28 28% Apr 22 23 Mar 12 32 2% 49% 7 13 19 33% Deo 111% May 6 32 % 2% *38 —-——100 Motors Jan 42% Sept 25 Mar 17 58%May 20 16 May 15 -. Deo 10 5% Feb 14 Feb 21 4% Sept 11% Jan 29% Apr 89% Nov Nov 102 60 Jan 41 6% Jan 13 2% 38% 234 19 17%May 22 11 Apr 21 17% Oct 31 Jan Jan 22 13% Jan 13% Jan 11% 13% 46% Jan 30 1% May Apr Deo 120 Oct 24 12% 113, 5 145 May 20% May Nov 13 32 13% Nov 13 9%May 57% 8% 5% May 7 127% Aug 25 48 Mar 7 16 105 35% May 118 3 Sept 18 123% Mar 19 39% Sept 25 16% Apr 16 7% June Oct 22 78% July 8 Apr 10 36% Nov 13 6 Apr May 51 3% May 94 35% Jan 14 1% Oct 25 96% Nov 8 91 Sept 19 132% Jan 28 48% Jan 6 %i Nov Sept 14% 45% Jun< 130% Apr 117% Aug Sept 24 20 4% May 2 3 June 11% May 48% Feb 12% May 102 May 6 126 May 8 6 6% Jan 8 79% Apr 18 1 June 20 Preferred. 5 3% Sept 5% Apr Dec 15% Jan 10 97 Jan 35 conv preferred—-.No par Gotham Silk Hose....:No par , 8 % Jan 38 5% preferred.; No par Goodyear Tire A Rubb.No par Graham-Paige 6 July 14 Mar 20 9 "3^.666 141 *53 No par Jan 7% Jan 55 144 112% Jan 5% preferred-.---.-—.-20 241.1 60 Goodrich Co (R F) Sept 10 4 1,500 500 23% 24% ... ........ _, 5% Oct 15 104 1% May 2 12 Mar 21 Grand Union 25 17% 33% Feb 15 8 12% July 29 53%May 8 Granby Consol MSAP......5 500 7% 33 16% 17% Apr 25 June 18 Nov 13 5 12 12 23 21 500 9 *8% *32% *24% 73% Feb 19 2%Junc 2% Sept 11%Sept Sept 5% Mar 23 300 4% 10 142 *53 33% 20% 70 24% 16% 23 60 25 6,400 20% *%» 4% ;/■:>* v> *9 9% 33% h '% 82% "if! 33% 32% 23% 1834 No par Brothers 36 preferred........No par 2% 8 38% 2% .5 87% £16'% 2% 35 conv preferred Gimbel - 20% 69% 70 12% 6% preferred.....--...100 19% 20. *11% Corp...20 Gen Theatre Eq Corp.-No par % 2% *84% 16 2% 88 32 36 pref opt dlv series.No par General Refractories...No par 200 if 1 Gillette Safety Razor..No par 2,100 6 11% Apr 12 98%June 25 %« Jan 2 6% preferred...-.......100 Gen Realty A Utilities 800 14%. Nov Gen Railway Signal...Aro par General Tire A Rubber Co. 3,000 6 2% Nov 13 3% Jan 10 5% June 30 5,000 6% Oct 31 Oct 14 !05%May 12 1,300 71 5 • ..1 ""id 49 6% 14 x 8 ♦53 3% 48% *69 46«4 Apr 21 133 36 preferred........ No par Gen Public Service No par Gen Time Instru Corp.No par 11% 3% 69 General Printing Ink General Telephone 1,400 112 11% No par 200 20 69 9% 9% 23 *111 serlesA.No par 710 19% *19l4 3% Oct 17 6 Apr 23 2 47% Jan 21 : ;4 Apr 16 101 June 5 120 General Shoe Corp — 1 Gen Steel Cast 36 pref. -No par 1,500 12% 19% *111 61 *24% 16% v;-. 75' 200 3,700 9% 70 5 10% July Gen Gas A Electric A ..No par W $6 conv prcf June £26 General Foods Corp...No par 260 21% 17% *16't 85 32% 1,000 16,500 >12% 44 2% f 12 12% 103% 103% 103 :i 16 143g 85 "V,700 . %• 7 69% *32 % 3-% 44 h: 7% Apr 16 17 100 Gen Outdoor Adv A...No par i 36% *126 *90 4 1% Apr 10 1% Feb • No par — 600 69l*> 4>4 cum General Electric Co 100 1% 1% ...No par General Bronze Corp ..5 General Cable Corp. .'.No par Class ANo par 130 27 116 1% 49% *14% 1 4% 31% 11% *11 —- *104 105 *102 11% *104 *102 *16 *145 12 16% 99% 2 2 *84 90 5% 638 * 60 *:... *84 143, 4134 2878 47% 36 *35% 36 106 .14% 15% *145,. 147 4% *95% 1% *83% : 6% 60% 12% 114 87 6% 59 59 ; * 2 ■ *12% 12% 69% 69% *128% 129% *128% 129% *48 -513., 51% *47% 1285g 129 *48%; 53 *14% 15% *18 18% *18 18 18% 18 14% 8% 8% 13% 14% 1434 *112% 114 41 41% 28% 28% 9% 9% 114 40% *28% 9 *112 14% 14% *17% 411, 28% 4634 10934 *109 10934 4 4% 4% 31% *31%. 32% 109 3% 31 109 4 3134 114 14% "966 Dee Maj 4% 3% May 12% May 1% 25 June Dec • Nov Jan Apr Apr Sept Apr 60% Mar 24% Apr 97% Feb 4% Feb May 71% Jan % May 4% May 9% June 6% June 10 May 20 May 21% May 1% 9% 14% Apr Jan 12% Deo 16% Apr 36% A pr 25% July 18% Jan 11% May 30 15% May 18% May xl23 Jan 29% Nov Jan June 142 27% July 23 May 9% May 9 May 14% June 1% Aug 11 May 55 Jan 35% 17% Apr Feb Jan 12 Jan 25-% Apr 3% Apr 30% Apr 2% Nov 4% Aug 4 21% Aug 2 1% Dec 8% Nov 14% Nov Jan 7 29% June 34% Apr 100 *4% 5% *95% 1% "2",800 20 99% 1% 84 84 > 6% 59 6% 59% 400 12% 69% 70 128% 129 *47% 112 2,400 100 4,200 1,000 38 Nov 14 16% Jan Hamilton Watch Co— No par Harbison-Walk Refrac. No par 6% preferred......—-.100 Hat Corp of Amer class >5% preferred Helme 1,000 40 — .25 109 109 3% 3% 31% 31% 28% 8% 46 3% 31 . 101 Feb 10 3% Jan 96 Sept 6 2 9% Aug 4% Apr Apr Apr Apr 113% Nov 13 June 110 Jan 7 168 July 11 155 Jan 107 Deo Feb 11% Jan Apr. 12% May 69 6% cum preferred...-..100 xl23%May 1 48%May 28 Hershey Chocolate....No par 132% Oct 21 56% Jan 18 126% Aug June 100% 133% 07% 8 94% May 115% Jan 12% July 18% Jan 66 115 17% Nov 8 6% Apr 12 30% Jan 10 Holland Furnace 9 12.50 40 Houdaille-Hershey cl A.No par 28 Homestake Mining. Class B ... Feb 14 100 £107% Apr 14 7% preferred.;.-.-. -I—No par Oct 29 Oct 30 8% Nov 13 Jan 9% July 24 16% Aug 5 Oct 27 115 52% Jan 39 8 Jan 27 13% Jan Nov 14 64 400 5% preferred........-.100 100 Aug 14 111 Jan 15 8,300 Hoaston Oil of Texas v t c. .25 3% Feb 14 5 July 22 ...5 26% Apr 22 Howe Sound Co Jan 6 9 46 Household Finance 50 21% Dee Apr Apr Jan Apr 18% Aug 18 No par 700 104 16% Jan Hires Co (C E) 600 May 6% May 83%June Jan 80 16%Sept 15 300 28% 138 897j June 0% Dee 5 8% Sept 19 14% Feb 4 15% May 23 4,100 June 10% May 130 Jan 13 2 Hlnde A Dauch Paper Co...10 10 95 May 96 June 300 3,200 4 6 149% Feb 11 6% Jan 23 99%June17 8% 31% Deo $4 conv preferred.-...No par 28% *108% 109% Jan 106 25% Jan 10 "166 18% 46 106% 106% Jan 16 30 80% July 29 Holly Sugar Corp.—..No par 9 100% June 158 ...No par Hercules Powder....—No par 600 46% July 16 8 10% Apr 21 Apr 22 Hercules Motors 000 28% 108 101% Aug 26 14% Novl3 140 Jan 3 59 8% *8 8% 14% *14% 14% *112% 115 *112l2 115 41 40% 41 40% 8% Feb 25 104 100 (G W) The.—.10 (Del).....10 Hollander A Sons (A)— 5 40l4 Jans 1 25 1.866 28% Jan Feb 17 1% Apr 21 76 June 12 18% 18% 18 37 Jan 24 9% May 10% May 20% 15 —2 Hecker Products Corp.. Mar 28 11% Oct 20 4%Junc26 93%June20 Hayes Mfg Corp.... Hazel-Atlas Glass Co.. July A—.1 .100 Preferred ""866 51% 112 33 Feb 18 11 6 161 "12% 9 33 Hanna (M A) Co $5 pf.No par 105 14% 15% 145 145 28 Hall Printing 6% preferred-....--——100 *102% 106 *100 25 7% preferred class A. 25 Co .'—10 Hackcnsack Water... 18% Q 47 *11 % 200 141) ; 47 11% 11% 1 14% *17% 18% 18% 18 8 v'. 8 14 *14% 114 11 161 69 *111 6% 5 90% 12% 69 11% 11% *100% 105 5'f *-..161 *11038 114 47 28% *10% 99% 6% 125g 8% 15-3, 147 60% 161 *28 *35% 11U *1% 0% 61% 29% *101 105 5% *95% 69% 15% 185s *28% 38 1134 *145 *5% *95 29% 12 xl5% 147 125g 9 *109 *28% *35% 69 *112'2 114 *47 29% 38 12% 13 1778 .18 8% 8'8 ' 110 ..... 20% Feb 105 Gen Am Transportation..... 5 General Baking.. 5 1,400 13% 7038 ♦11038 114; I 104% 16U ♦1285s 129% *487S 53 79%- 102»>s 104% 612 62 19%* 82% ; 87: 62 104«32107%" 1027,6 3,000 *91% . 278 19% *12 41% ♦2S3s 1992 ilf 8 MAT 3 >38 D—— 1996 F A Ref A Impt M 3 >3%ser E.7 . 1996 J 1946 J Potts Creek Br 1st 4s ... 4s.. — consol. gold 48..—— — 102'n 12% Nov 4% May June H * . 51% ; 104"32 104--Ii2 1950 m s Ref A Impt mtge R A A Dlv 1st con g 84% 87 1,200 5% 133 5% preferred...% 100 General Motors Corp 110 35 preferred...:.... No par "is 2»4 *35% *14l2 1942 M N 51: 4 No par General Mills—.......No par 112 61 14 29% 38 19 106% 109% 65% 76% 63% 75% 42% 58%" "17 70% 67% • 60 2% 29 .. 8 ; 2458 39 48 48 *115 *20 ,,1.734 143 *19 36 preferred 106 20 . ^9% A 39 *234 5>3 % conv preferred.....50 "5% 92(4 123, J4 40 *38 *1834 . *35*2 4 108% 112 "11 ; 56 -v70 47 13 -22 *11% 1954 A ?% 5% 13 -i i7% 24% *53 *■ Gen Amer Investors.-.No par 5 40 14% 10% 24% *142 2,70(1 52% *5 10 600 69% 8 3234 25 23% *50 100 74% 634 438 11 17'g 5% preferred.... Gay lord Container Corp 7% *103 48 1,000 "766 35g 83 3% 49% 2i2 *9% 8 10% 800 US, 16 3234 *24% 19% 10%» (Robert)....... 1 6% preferred 20 132 113i 60 *938 19% 3% *65g 10% 52% Gair Co Inc Gamewell Co (The)....No par Gar Wood Indastries Inc 1 290 2,000 * *111 33% 1338 1134 2l8 . 32%8ept 31 4 share per 2% May 15 79 53 .97% 103 A 1915 MN Jan 107% Jan Gabriel Co (The) cl A ..No par 1,000 83 16% 74% --(*80 % 43s 2,800 ""206 3g 2% *8434 *331,4 13% 11V8 *1138 133,t V 14 2»4 *2% *104 1945 V 7 May 100 132 22lo 34 7g 700 2% 11 2% 116 *934 203s 60 2% 2% 11 3% lM 16% 7012-70% 97% ♦ 32% 88 29 J D ♦Chatt Dlv pur money g 4s.. 1951 J J ♦Mobile Dlv 1st g 5s...— 1946 Cent Illinois Light 20 29 D conv preferred. 104% 108%* 99% 104 *'"1 Highest share $ 50% ; 101% . 5% 33% Jan 25% Apr per 84 May 32% May 10% May 24%June 16% July June Fruehauf Trailer Co.—...-.1 20 Jan 42% Jan 24 .10 83 37% *21 •T7%^'17)2 34U 133g *2i2 101% 106% 69%' 89%' 64% 86% "13 Freeport Sulphur Co.. 105 21 No par S 4% Jan 27%Sept 22 97% Jan 16 Sept 45% Sept 12% Oct 18% Jan 103% Oct 7% pf. 100 132 %« 86 »85 11 *142 69% 47 900 96% 10% 12% 12% *100 103% 1033, 238 2% 85 16 *11% 13^8 76 107% ""800 share 21% Oct 30 preferred.—No par 96 126% 44% 3% *81 : 45% »«« "4 2«t 89 20»8 70l2 173.1 *24U 1 106 52 105 . 47 Cart A Adlr 1st gu gold conv Francisco Sugar Co per 21% Nov 3%June 10 F'k'n SlmonACo lnc 1,700 49Tj 7% 70% 14% 7 *44 57 233s :i 49% ' $7 70 1,900 10% s no 56 fi 2,000 Fester Wheeler $ 115g Nov 12 Corp......10 5% conv preferred—....100 Food Machinery Corp.....10 4%% conv preferred.... 100 4,400 3% 3% *48% 2^1-2^' V 2iV 102% 112% 11 100 3% 12% *69% 8'« *32i2 93% 109% 14 84 700 6% 6% 6% 0% 6% 63g *108% 110% *108% 110% *108% 110% 112 12 14% 24 94 87% - 44% 3% 22% 17% 9% 75% 16% *9% 74% 7% 70% 17% 68 *104% 87% 83% "87% 126 % 49% 78 43jt 92% 108%« * 90% 107 93% 105% Follansbee Steel 83% % 83 J32 X365S 3% ♦111 12% 56's 93% 106% 90% - 83% *131% " < 89%? 75 Day 84 12% 12% 103% 103% 111 12* v;i7i2 ^♦85 A* 59 78%, 111 93 Florsheim Shoe class A.No par *90 1938 14% 44 90% 106% : 100 900 *3% 2% 20 1338 ... .1950 4s. -..1981 106 900 Flintkote Co (The)....No par Florence Stove Co .No par 92% 1% 12% *16% 20 is 110 107% M Coll trust 4J3s——{946 5s equip trust ctfs—. .—.—1944 1 Carriers A Gen Corp 5s w w... Y **'* 101%June27 31%May 12 6% preferred series A—.100 First National Stores..No par 2% 20 96 *19 "u 109% 108% 106% 105% 109% 109% A D t —1956 4Mb F 106 22 106% 106% 15% Apr 23 Sons Co .No 100 10% *3% £26 116 1% 96 13 *69% 105% 108 )<n X 82 81% 106% 106 % J / Canadian Northern deb 6>3s. Can Pac Ry 4% deb J 108 108 O ... Guar gold 4M — Guaranteed gold 4>3B- A *113 19% V 1966 AO Calif-Oregon Power 4s Armistice 1% 19% *9U J par Fidel Phen Fire Ins N Y.J2.50 1,200 300 Oct Firestone Tire A Rubber... 10 3,700 22 *1% 90 11% Apr 29 34% Feb 19 12% Oct 24 Filenes (Wm) "'2,300 4% '■>' 4% 2% 2% 5% 39% *12% *1.6% *03g 1955 I960 Consolidated 5s.... Bash Term Bldgs 5s gu *20 11% 19% 3 -% 7% *125% 129% 39 *19 2% ♦8612 8% • 7 : 81 * 38% 19% 3l» 48 35% 374 88 1,700 19 2% 27% 12% 103% 107% 111 113% 108% 111 105% 113% 12% 43% 2% Apr 16 Jan i8% 4X % conv preferred.—.100 Ferro Enamel Corr ...J....-1 600 *10% 94 20% 128 •26% hi '*7 95%** 90 92 128 20% ' *• 111% 113% 108% 95% 100 423.4 % per share Federal Motor Truck..No par Federated Dept Stores.No par v *94«4 5 334 : i? ■ {Burlington Cedar Rap A Nor— AO i*lnl A coll 5s ——1934 ♦Certificates of deposit Bush Terminal 1st 4s.... 1952 To 116 3% 13 111 107% 111%, 104' 10 108% 109% 700 11*4 96% 133 3% 12% . 108% 93% '9314 105 Vi 105% 113% 1134 ♦110% 22 4% 5 10% 20% 100 *49 108 1,000 92% *13 106 47% ' . Exchange 39% *aj hi *19 22% 9% 1 30 3% 21% 16% *115 *16% 39%: ♦103% Stock 20% 83% 76 74% 18% 93 5 5 133 3»4 *2% *10% J. *131% *75% ; 66% *50 *103 48 5 4% 1% *103% 105 % 21% 21% vrv 17% 17% 10 9% 90 72 51 145 106 4734 3% 27% *96 ' 3% *12% ■ 100 5% 115 6V •6% ♦6% 6% ♦109% 110% *109% 110% 107 . — 52% 3% 10'% *103 128 *113 . 5sAC——19o7 M 5s series II-......—1955 Boston A Maine 1st 1058 ♦503.1 ;■ 5% 5% 11 39% 1% : 5 103% 106 10% i • 15% 105,% 107 1034 *6% 38% 38% 38% 39" *126% 126% *126% 126% 43% 44 44% 45% 17 106% 106% 103% 106 106)3 1965 H ** 27 6 8 5. 106 738 Closed— 96% 84% 84% *131% 26% 15% 106 >3 20 3% 5% 27% 116 1% 95 H 8 ;. 26%; 1956 Consol mtge 3s ser G v iC: ? i 27 8 26%. 1962 - "07" 166"^ U Y'k 1959 3% 133 128 ; 39% *113 137% 19% *6% 52% . 5 27% 39% ■ With declaration Beth Steel 3>38 conv debs..— 19% 106 ♦120 128 27% 11 7% 3)2 V' 3 11% *10% 93 A 93 21% 20% *127 ■v3 108% 113% 13 135 25% ♦Debenture 6s...... . 55 %w 2% 11 3% 11 3% ; *3% *3 *92 83 ..-85 With declaration ♦Berlin Elec El A Undergr 6>3« 20% *1% 2% 2 2% 48%- 48% 5% *10 48 44% 3 "160" v 49 *20% .65 43 24 „ fund 6><jS- ——1959 2 - *103 133 3% «■' 58%" •94%: 84' 7 39 ■ 45 108% >34% *102% 99% 1st A ref 5s series C„.... -1960 With declaration 49 45 Belviderc Del cons ♦Deb sinking 94.% -48% f 5 *120 ' . 5>* 106'" 49 48%-61%. • 48 *943, 96% 11 47 14%, 52% ' S'west Dlv 1st M (lnt at 3>i % Toledo C'ln Dlv ref 4s A 7% 11 *5% *103 — 4sextended to....1951 MN 2 2% 11% *20% *3% *6% ♦10% *50% 5% 3% *6% *10% Pgh L E A W Va System— Ref g 21! *50% 314 : 2 2% 11% 2% 11% *3% . i ;2': 2% *11 47% 32*3 ♦Conv due....-.--Feb 73% J — Lowest ■p; ; to Sept 1 1946) due. 2000 M S ;.~C, Ref A gen ser F (lnt at 1% to Sept 1 1046) due....1996 M S *1934 21% *95 ' (int at 1% Ref A gen ser D v 68 ;'T\2C61 Year 1940 Highest 73% 58 59 >3 3% *913S Par Shares per share ; 43 95 36% *9o 12% 6% 43 S 4% 25 *24% 25 25% 24% 25 31 31 *30% 31 30 s4 31 103»7«103l7i! 103l7ii!03l%2 *103,78j— 12% 121» 12% 13 12% 12% 124 125 *123*2 130 124 124 6% 6% 6% 6«4 6% ' 6% *37% 43 *37% 43 *37% 43 36 36 *35% 36 35% 35% 19% 19% 19% 19% *19 193, 31 12% 43% 19 16% 4 *103"3i_.;.. 103»«103"« 29 *13 • 17 21% 24% 38 19 Baltimore A Ohio RR— O Range for Previous On Basis of 100-.SAar« Lots Lowest 163, 17% .rl02 102 *101-% 102% *103 104% 35% 36% 35% 36 36>i 36% 11% 11 •% 1158 11% 115s 12 22 : 22 22 22% 22% 22% 4% 75 43% 17 22 4% 24% 12% 43 *913g 11% 42% *13 17% *4% *23% 35% A Range Since Jan. 1 STOCK 14 21 *20% 92 *13 ' 22 *19% $ per Share 3 3 f per share 3 3 20% *102% 104% *102% 104% 36% 36% *36% 36% .12 12 12% 12% *22% 22% 22% 22% ■ B 4s.. July 1948 4s registered.... ...1918 Stamped modified bonds— 1st intge g (lnt at 4% to Oct 1 194(1) due.--July 1948 Ref A gen Ber A (int at 1 % to Dec 1 1946) due... 1995 Ref A gen ser C (int at 1 1-5% to Dec 1 1946) due..... 1995 Nov. YORK EXCHANGE Friday 13 92 17% *30 1st intge gold Nov. 12 20% 33- 105% • S per share 3% 67 102%: 104% 105 • Nov. 92% 12% 43% 29 29 11 21 36% ■ ./ *11% 1 . 112% 97% 100% 99% 102% 73% 81%, 50% 69 77 97 • 171% Thursday Wednesday *91% *11% 43% 20% 19 65 69% 36% 1953 M S Atlantic Refining deb 3s 102'ji 105 1 *3 23 100% 104 111 112% 109 V 111% 6 101% 81% 63% *21% *91 $ per share 92% 12% 43% "100% 79 63%| 94% 36% 103% 97% 103% 95% 101 2 Nov. 10 Nov. $ per share 3% 3% 94% 97 5 iiii " 112 100% 101 ici 12 10 102% 103% 111% 110% 103% 111% 110^ 87% •- 102*« {. -J. MM 1946 Atl drCharl A L 1st 4Mb A 91% 103% 103% 103% 103% J Rocky Mtn Dlv 1st 4s._.;_.1965 J Trans-Con Short L 1st 4s...1958 J Atl Knox & Nor 1st g 5s 90 • Tuesday Monday High Atchison Top & Santa 90 STOCKS SALE PRICES NEW 1 Nov. 8 Railroad & Indus. Cos. (Cont.) 107 7 37% Jan 8 •"io'May '35%Apir 4% July 8 May 35 May 28 9% Nov May 103 16% 110 Apr Mar May 60% 38% Deo 8% May 16% Apr 64% May 101 71% Apr June 112 3% May 28 Jan Deo 6% Jan 60% Aug Feb .119% For footnotes see page 1082, x - m. r.m-. v* . CHRONICLE THE COMMERCIAL & FINANCIAL NEW YORK BOND RECORD RECORD NEW YORK STOCK Friday >Lr Sales LOW AND HKJH SALE PRICES: 10 Nor. Not.&J 8 per share 8 per chare -• 8 per share ' 12 Nov. % % 3*1 10% *21; 10% % *2% 10% 18% 37»i 3% 3% jftU;: fltl'tg % . On Basis of 100-.sAare Lots BONDS 19-10'v ' Y. N. I ' . Lowest Lowest ...Biphesl tost I at Rale STOCK EXCHANC.E Week Ended Nov. 14 EXCHANGE • Shares 000 % 3i 10 1 ~2,000 .'ill ■ • ■i :% 'V:.-IT i Par : ■ Hudson & ManUattan^.—lOO 5% preferred...,.-...--100 Hud Hay Mln & Snv Ltd.V.9 par 10'i 1 «•% 3% 3% 3'8 3.090 Hudson Motor Car %« , Year %« 4,700 S per Store %June 20 % ttlupp Motor Caj Corp.-.-.l 3% Jan : 2% May 6 121% Sept 11 12 478 Jan 13 3 Since" Jan. 1 Biphesl j . $ per-ehari 9 per share 1% Feb % Dee share per % Jan 22 2%June 20 15-% May 26 % 2%June 2 Range Ranfje or Friday's '/ .< Bid A Asked Price • IFreJfc's'vV ... Railroad & Indus. Cos. share 8 per % ,h % *2% 3% 3% % 3% *21" ., . Week Nor. 14 . 8 per share share ($ per Arrw. 13 .. NEW YORK the Friday Thursday • Wcdtiesda > 1 '•'to. ' 3% **« 0*212 Tuesday Not. 11 M#nd<i>i Satnrda'i , stocks ' STOCK 1%i : for Ramie for Previous /taupe Since Jan. 1, (Cunt.) ♦CJiic <fe Alton Rli ref 3s.:*_-.l!)49 27 Alay 145-B Jau 4s regis tererl... 6% Feb 1 Jad 8HM 87 ' 96 94 18%; 1)4 M :: i. 88 87 *7'.)% High 8!< 16% 87 Q—311 Dlv 3^s 1949 3y^sregistered. ...._....1949 Hllriots Division 4s_..1—i 1.1949 tow Hi till Low CblO Burl & 7% Feb 92 93 M M }(H) '4 % 7% 7% IHi" 13 18 37^ 37 5 37 ♦37 5 *3* lfl% 17 734 37« 16*' 7* *25.1' 251; *92 04 *3% 10% 3^8 3% 25 03 70' .-,7038 70>? ,10% ' 10 .10% HP* 700 43., *4% 078 l'I.S 07« 1* 441,8 07S 7 1% 1\ 44' 4 44'» *414 4H% Mia!; *169 ;'*1«0 °v«-V *12018 103, 2s, 4744 ®H *4(11 j 471; .'3% 3% 3% 25% • ®19, .. 25 26% *15% 101" 50% 58% 103.1 13,200' 58% "58% 2 1% ,46% •j 46 2 46 sum 48 46 ,200, *21,1 • *11 2% 2% 2'« *2ij 2'i 238 211 ... 103 103 *1()2% 105 » 47 *10% 47 *46% It *1078 Ills 45 *00 100 8% "812l 8% 8%: *30 31 * 3 Us 31% *1151,! 100' 1 *1201" 132 *l20ij 132 102% Stock 2% l()i2 Armistice Day *06 100 *06 Closed— 8% *8% 30% 30% 31% 31% *1*26% 132 *126*2 132 *30% . 100 700 • ""700 • 31 3(X) Jan 16 18% Maj 170 145 Maj Jail 0 2% Jan 10 l338Nov K) ;.p-A/July 26 23% Feb 19 313; Sept 11 1% 5% Sept 18 1 Am ..No par . -7% : 26 Preferred , _ j 3 l'8May 2 •■', 17«May 1 1' .>.-1 Island Creek Coal 1 $6 preferred i 7 3% Sept 3*% Sept 37 O 9, Kept 18' 08' Sept 5% Jan Feb *3 51 37 110 , 110 351, 700 7% .300 122U 1221; 21% 20% 20'" 00"s 60 60' 73U 12 *1221; 125 *122% 125 21 21% 20*4 21 61 *00 '< 60% 61 122U 122% 21 *60 - 73'; 72 *101" *70*4 111" 70% 12 *11 ' *10 *72 .73 5% Flay 92% 39 38 122 Jan ? '33 - - - ,14 54% Apr 19 2,600 Jones & LaudiHo Steel.No par 600 5% pref-series A.......100 5% pref series B c««iv..l00 4 H % preferred ..... Preferred 300 ,r-- *120 4 4 *18 21 4"« /'V 201; *19 .* *18 1'2 *11% 102 102 ' *"5 100 ,105 *103 100 138, 5% ; j 100 .. 122 100 13%: 5% 103 Nov 1 Nov 17 14 77'j. Jau . 132 12*2% May 900 200 Kimberly-Clark 138! *13% 13% 13% 13% 201" *27% 28% 28% 287* *2%; 21; 35% 35's 25% 25% *2% 2% 2% 2% 2% 2% 200 170 v ■ 3O84 25'- 25% *4 : 4«; 28 28 27-% *27^4 35 28 27'h 25'" 2.5% 25% *3% •'V 4% 25', *3'i 25', 1 *384 27% 27% 28 27% 27'1 27-8s 27% C< 33% 25% 4*» *3% 2 728 4% 27% 27 27-*i 27% 1,500 .No imr Ki iney (O R) t'o>.,j.->) %o prior preferred...No par • 22-84 Aug , 'H .2 .Aug 'S 9 Jan ;7% Apr 20% Nov -15% Jan 104% Dec Maj v/Mai 22 ' May 7 /Dee ,-96 -Jan 2 8% Jail 4 18 15% 109 14 24 M "3,300 1,600 14 *3U; 13'« 131; *31 381- 12-84 13 13 13 13 11 IP 101, 10% 24*4 241, 24'" *23% 22', *311 Kronte (S S) Kress (S H) 10 C0..4.... 3*. 1%, 3% i% * 10% 9% /■; 22% 211; 13% 10% •10% *22 22% 22 *13% 14 13% 13 24 23 23 20% 25% 2/ 22 13 Kroger Grocery & Bak.No par 37s 3-88 3% 1% 1% 0% • , 031 . > "1,066 500 Isine Brya'it 105 87% June 24% May 3-% July 25 40% July 29 400 Lee Rubber <fc Tlre..^ IK 20% 2 •:% 3% Si! 1: ;- 1% 10% 0% 10. 15 to Nov 46% Apr Maj 27»4 May * I't-Maj « 2% 17% May *,31% f 19% May :.'26 • Railways 2i 6% conv 1,800 2014- 5i>; 5% * *23 5% 5% 5 19 19 11% 13% 21 22% ' 12% 20%: 11% > 15%; — ♦Con v *4 Jat; 2978 Jan 10 23% May 1* 34% 25% '35% 11% 35V 12i *11% 19, 33IU 101 14i» "148s 38% 106 27% 20%. 106 T .5 % *32 " *74 5% 33% ' 5 17% Sept Fell 14 ! May 13 Jan Aug . 4 5 45% July 15 14% Sept 15 33% 72 1M ! Gold 3 MhATA — -. guar 5s.,..Dec ! 16% May 2634 Oct -8 100% JOB' 134 Jan 25 15% May 116% Jan 14 19% Apr 1.2 ,5% Aug 18 ,* 2% July 25 v. Feb 14 14«4Sept 12 1978 Apr 12 '24% Sept 16 • *35 v 3.y»4 000 28% i38% 30% i ; • 36'8 106 100 10 1,400 14% 14% 3,700 1 2734 2S% 10,000 30% 37% *10534 106% 5,500 14% 28 27% V 37% "> »«% 11% 38% ,29*4 *3 / 3»: 171. *17 - 40 30% *3% *17 15% 15% 20% 20*'i 72% 73 16% 17 15 >v3'.;v 15% v 4-10% 15% 20% ,20. .20%, 70' 70 160% 1st mtge C'ln Leb <t 1% May '% D« SKs;.-^,.- 1 Lima iLocomotive 18% Mar 11 par 4 108 >4 •108% 103 M J03 M 96 07 41.1 No Lijuid C*rl)onlcCorp. sNo par par IxMJkheeti Aircraft Corp,., .A Loews .Iuca;.;;,^f .. .No par 98 1034 900 153s 5.800 9% Apr 15 j 13 Apr 26 .19% Apr 21 28 -May 22 *147% 153 20 20% 1,700 69% 000 Lorillwd IF) Co. —— 7% >nreferred.,'-U-- 90 —, 30 1 1907 — Jan 1.4 30 5s__..1943 J 5- > i» i 32 *14 ■ 257k 3% 61; 311 *57« *15 , *14 15 *351; 25 *1.3 3 32% 25% 32% - 15 1 -, " 3J-% 25:, 16% Jan..8 3t%Sept 3 39-58 Oct 31 . 110 ' July 45% July 31; Jan 19 Sept 19% Jail 1334 Janl30 Nov 12 15 100 1160 June 2 17 Mar 3S 60 Feb 18 ; Ixiulsvllle & Nasliville.'. ; ? 14 25% 3% ,-3's *-v« *1 . f >400 ...._• i.._ 11993 j *578 0 *14% .15 . ,.1% T , , Cleveland P3ec llluin 3s..: Cleveland A ^ 22 J3 13 15 . -No par 223gMay26 11 Feb 17 231; Apr 9 31. 100 Madison Bu < JardeU—No par 1,200 3,200 *57« 1 "6% • • 200 15% 200 Magma Copper.110 Ma>uiti Sugar Co± .1 Mandel Bros..;.:|.,_?No par Manhattan 'Shirt..L.; ;25 1 800 Maracoliw; OH Exploration... f : 63ig . 147« Aug i6 Jiily i8 4% July 28 584 Jan 3 12% Apr 17\Jan 14; 173.1^ AUg 18 16%Sept 17 i-,- 3-*, 7*1 37s T-k 15"; 20% 20*i 6 *25% ■ 3% 7% 15J 4 26'; fl 5% 20 25% . 3% 7% 3%; 27 1018 - ' 9% May 7% . : J4 4- - 15 , - 24 241* *23% 241" 26 20 26% ♦17541 180 *175% ISO *20 * *17.5% 180 1082. 3% Nov 13 7% Aug"6 ,11% Jan 18 13% Jan 17j 23 Feb 14i 177KSept;9 I *175% 180 19,300 734 i820 147s •4,100 2578 534 25% 5,600 1,500 MasoniteCorp 24 300 1,400 Mathieso 25% 5% 2514 208s 1*175% 180 5,300 Murine — Master Klec : t A..No par Cf>— Alkali Wks.No ear ; f' 5% Nov 12 May 28, 237>8 Nov 13, 19 loo 109% Apr Jun< 16 May 188% in 113%; lKC 89 74 41 Mav •: 8i 68% 80 85 91 46% 01 45% 20 43% 58 75 67% 79 .. s 104% 110%, .... 105% 105% 102% f 4 Mb sK'ries C.;. Debenture 109 *108 Apr Jan 1% .*» 1st est « 4s. 1948 A 107 5% Nov- 35 May 31 11)70 M - i , : 32%Sept 15 12%-Jan-6 28%; Jan 13 28 S<*pt 15 5' 7% pj-elerrcd....,<,^4001 174 June 43' 31%Scptl7 mV AUff 7- r is 100% h\ • 206 86 150 15 162 A } 99% 106' ' 100% 106. 1 ^98% 105% ♦ 112 *"'0 I .V. 20 13 104% 114%; ill f 113 *113%. ,1.1 ,• !i3'Kj 107% 110%) jL- 54 .54% 55 % .i! 110% 8 109% 110% 108% *100K 107 108% H9%.) .100:% 101 ..... 1.;195l J *117 J . j *109% J F A 109% O .104% A O 106% 104 % 106 K 1 O 105% 106 J A.J 108% 1.09 A-.iG111961 ] 109%. 1O0% I io8%'no%] 119 : 100% : .119; . 29 18 103% 105% 1 104% 107% 1 107%) 12 103% 10 106% 109 M[ . Works 7s.1956 8 22 : m" ■26% 20% *26% 26% 18.. 28 26% 17% 27. 18 27%? _ ; . — 1st mtge 84% 85% —h. 1965 108 % 106 1-."—. 1. ..,'1067 *110% 111% 107% 111 111 % 108% 111%.' 105% 109 %! f 5.i..._..1960 lst.mtge Co— 85% 75% V 111% 111% 3J^s.1i.4.%;7l1v1wl07O 109% *110%. 3%s.. 1 *.*-..1111060 Continental oil conv 2?i«-'.l04s 1 st mtge Jam i^40'8 47% Apr '44% Apr Jatn . 32% Apt% 173% D«e| 109% 111 For footuotcs see page '10831 111% 102% 107 V 26 % 26% -24%-:- 25 v ♦Depositreceipts....1....t.'.i".. . .- . :} '97% 102 ♦Cuba RR 1st 5s «... j _... .1.. 1952 J.s J '. 2!) % w -,29- - v- 29% "'•>*• ♦Dejitait feceiptsl.'i 27% • 27 H —5; */*:27 M 25% 25.%:. ♦7 Mb series' A -extendcH to j 940 J /> . .1*1/1 24% :»•'. 4.. .♦lJepositrcc.(.4pt« u.,.; „> .24M 27% ♦0s series R extended to' 1046 j I) ; • ■ >^%?:3i)eiKislt'receipt«-.'—v 1 Zii.\•-*.4 H 24 M 24%*' 24 %[ Curtis- Putdisbtng CO 3s dei> j. 195^A,; >i_; 05%i/::i0 . 107 104% 104" 26% ♦Cuba Nor Ry 1st 5^8-111. -1042 Oct: Dor 1 - 108% ;• .,101%" 101 % v »7%- .97% 104% I'0eb8..1—.1'. 11)50 Steel 3%'s s t debs^U955 Crane Co 2'Sbs Crucible * • 1st' mtge 3.-..I.'.-i 1.1060 ' -13% 85%; . : 3tfs. 1..11 . I j 108% s Power »:1st mtge 3 Mb~.. 1% May. b.16% No*; Jtttte ? r-' 102% 106%: ' Consumers Jan May Jam May Junt •; • 19. .V 1 107 - 77 •104% * Apr 5% 3% May 2<b May F60 107. l! 103% 106 M i 5 Jan 16% *4 May 21 :• :i - 1st A ref 4J&5.196L J ♦Consolidated Ilydro-l'.I(« of Upper Wuertemlicrg 77g Mar May 8% 26% a 6% 21% 82% - | I VI Consol OH oonv deb 3|%s1l'..1196I 136% May 31% Dec Sept 11% May - 2 104% 79% Co— ....... 20% May 878Jum - 30 12 t *00 nsol Ry 0011 conv deb 4s 1954 ♦Delienture 1.....1955 ♦ I )ebenture 4s j 1 1.1956 65 M*.\ 4 i 73 99% 102 102% -98% 101% *113 ' "Vl-110% 111 C 2 delKinturts iv.?-:1—.1^1048 $>Mb delieiitureB.....Ill^.11950 3 Mb debontdrop Ji'.i. .1 l'i| i, 1058 Jan, :*25% Apr, 163% Dee 21% Jan i *1284 Jan, 1" 21% May 4 38 Mar; 4% Apr 1% Auy . ' 90 3%« dobeuturrfl.1946 A Apr 25% May > 88% 82% 70% 63 03 104% ; J 15 — Stamtied 'guar 4Mb 46% 17 75 IF 36 .107 82,%f 82% O 1961 J Coun JUv Rows f 3%'S :"-'4% 18s4 %, Consol Edison of New York-—- 1 May Dec j 108 71 . 05 11— 1.111 ;'il 1968 J D V4«.1..1.._....1958 I.J Rlv 1st 4s..1943 A Q Conn Ry A L Juin 138% May 15% May .- 70 Hi , 1952 4 ,y'14: Apr 14% 109% Apr 13% Jutt« 10!) , " 84- 83 . 70 M C01111 A l'asuinp 2 128 ,83 C 80 M 80 M M 1st mtge 3 Mh series T 4178 Apr 37% Mar' - 108 107% 107% 107% *108% 80 5s.May 1952 M N Coflirnooweilth Ellison .29 38 .. Columbus.A-Tol 1st cxt '4«.. 1055 FA ♦Commercial Mackay (Jorf>— Income deh w w..L.Apr 1 1969 May May 117m .1- *105 >:/: 04% 1977 A t> —11045;./ D llll'i'l . . ■4 07 - :t. 5s„...Apr Delienture 5s.j—.... ' 22% July 20% Flay - KK)=W03% j: *!(.( »8« G- • , 110% ' Colo Fuel A iron gen s f 5s..1943 F A *ob inocine mtge.1970 A O 418% Mar; 10% May - ; 99 58 89 *103% ;**Colo A South 4Mb series A.. 1980 J/N -.30%; .Dec; May 8 106 10% i 49% Q 1st gu 4Vis. CoMKlver Ry 1st gel-is.; - Dec: 123% Apt J8% X!#y 27 111%; J 75 ■ 24%May 22% t Apr Maj . Jan 14 Ml Hand Corp.—-—.5 3% 7-84 14% 51% ( !)% J07% 110%; 99 110% 1961 J () Clcve Union Terfn gu 5}<js.1972 A O 1st« f 5sseries B guar. ...4.1973 A O Apr 87 ;ll%May 20 Market %Ry 6% pr i»refIOO Msrsiijall Field Ac Qp.i.No par •Marti.11 ((Glenn L)Co^;..v—J Marti J-l'arry Corp. .No par 3% 3% : -734 25% 26% 25% 5% -*334 5% "24% >25% jt25% *23i« -24% .."23% 21-84. 2578 I 25 ' 6 25's For footnotes see page 33, 7% M-%' 15% 27% 13% ! 15% .... it2% J 1070 J —1.11942 A . Jan 169 138 4 1% Feb 106.34 109%.' 98% 101%} 89% 97%: 91% 99',' 108 7J Series B 3^8 gu .or... ...1..1942IA 0 Serlen A 4Mb guar...—.2.. 1042 / Series C 3^s guar. A ACS*, I948M N Scries 1) 3M» guar...1. 1950 y A Glevc Short Line Al>r .Sept ,4 Macy (R II) Co Inc.;.No par Mack Trucks Inc 3% *14% ; Plttaburgh UK— {Gen 4-! is kerles J3 1 ColuIII 1ms A Sou Ohio El 3 MB •45 28J 31% Jan 21 Jan 21 S38« Jan 10 29% Sept, 24 25% 14% 70 ■ 46% A Columbus A H V 109 74% Nov j6 133 *..199 3% *14 25% r 4.700 1 .1 101% *86 D inipt 4Mb series K.* 11)77 J J Cin Wab A M Dlv. 1st 4s —1991 J ./ St Ti Dlv 1st coll tr g 4s., ID'.K) M .V Ref Feb May i?4 May 15, 23% Apr 21 6% preferred. "i'.aoo 53% .... *98% Louis Ry—.11993 J D Jan 29 Jute fi - May Jan 12 162 21% Nov 13 Mac Andrews & Forbes ;,10 24% 15 25% j- 3% 1.3% 15 1% 21%. 21% 22% 23 *133 137 137 31% 31% 31% 311* 23 23% 2334 24% *133 -*14 11 16 1% 137 25*4 6% 0% *15 v 3144 .24 25%: 25% 3% 3% 10% -22% 22% 137 *133 3 20* 25% 25 *22% 25 137 2%; 78 100 % *112 J Ccfisolldatioa CoaJ *23 23j 110% 110% *110% A Geieral 5sseries - •;,>.,J„ *133 42% 20% 110% A V Columbia G A E deb 14 33 3714 Jan 14 :1338 July30 4 Jubc .19 Ijouisvillc Gas Jfc Fl A—No' rar 100 31 99% 41 D J 3*48 ser JO..._..1969 Clearfield & Mali 1st gu Jan 4% Nov 87 * Jan Apr 21 2% Apr 12 ; .25 f^oose-WUes BiseulL 13 *18% 1st gu 3J^s D;.'1971 .1/ N Clcve Cin Ciilc & Ft 1247j Nov - ?;21: June25 2078 Apr 21 *29 May 8; Long Beltlairnber A ...No par 12; 23 1/1% Jan . 9% May 18% May 96% dan -3 1 l,kik Beit Co.;.;,,.;;N« •par Lion Oil lieflumgCo V 104% : 97 : .98% 99 O 108 M % 109 CoUV dobs 3 Wks. No par r, I684 % 44%: i64% < I960 *103 1st mtge go Dec 4 ;; 15% May 1 Jan ]8 30:. 6, 14! 135 1,800 60 40% 55% Nor 1st con gu 4s, 1942 UN Cia Uo Term lltHa Dec 2 > May r {174 June 16 #8?>: Jat)rj3 Ix««! 'star Cement Corp No par 15% 00% I'Vb 19 Nov .100 105 3 60% 12J .,25 ) 72I4N0V 14 $6.50 prefernsl..^ ...No far 1#"., 3 16% 15% M48 % 153 153 153 .20 G 20% 71% .20% 71% ■ .3% 3% 153 152 *14711 153; 3% 17U 15% 5 Nov 32% Nov ! 72 600 ■ ■' f,25 !KX3 1 27% Sept 15 45% Jan ;9 7% Jan 23 C2W:, Apr 18: ■iii6 Lily TulipCupCorb-—No 35% > par Jllly jl 14 1 Prefereed...! 100 2,000 It 11% Feb Series B;— 4.100 24% 11% No Life Savers Corp. ——i—. 24% 11%. ;_1 (The) Lehman Corp Liggett A Myers Tolwicco.:.25 24-34 2414 (35%; 7% 1951 Elec 3^a..l!m6 F Cluclonati Gas A •v> 7% Nov 3584 Jan 3% May 273.t July 22 217« Apr 14 LJbbey Owe»» Fcrd CI; Nd par IJbby McNeill & Ubby.., ;,7 " 59 ) 67 t*€lioctaw Ok A Gulf con 5s. 1952 M N .... t. 1 Feb 13 "1/266 73% i3%i 1M Memphis Dlv 1st g 4s.. 1951 Chic T H A Ho'OHstern 1st 5s. I960 9% Jan :21% Sept 16% Jau May X «% Ma) 117g D« 1" 9.600 5% *32 74% ■ Mis A* 14% 103 46 40 40% 401, 117% 287«" 109 f 10,400 25% 85%'. 35% Ill; 11% 3778 •< 25?s 24-*i ! 28% 2878 '37?8 25 « 78 *14% IP- 2 8 •'•« . - 25% 4 25. , 25*-: 33 251, *35«s 25% 400 70 .73% 73% .78% 791; J74 176% 176'. *176'4 179% *176% 179% 20"s *20% 120% *20% 2<)7s 1*20% 207X *20 207s 23% 33% 78 : *20 138< 23% 25'" *31% 77'; 77% 13% 23% 7% 12 el, Apr Feb 15 preferred...;..i50 V 2% Lerner Stores Corp, 13-84 20 12 Ch St L A. New Orleans 5s._ 1951 Feb . 2 109%Ju«e l.ehti & Fink Prod Corp.,.; -5 2278, M 11 ijs1960 « 4 19 19 M *17 ♦Certificatesof deposit..... Apr Fob 20% 7- : 400 13% •i'5's 33% 78 77'i 7978 80 80% 79% *17<;Ti 177% *171)-% 177% *32 33-s *3 Ji* 4,600 1334 23' : 25 s: 26% 22 21 ?s ^ ; 218.1 21% '21*1 49 .*1988 4« registered :. " v 38% 24 Jau "122% Aug 1134 May 4% cohv preferred—-'..-IOO ITeblgli Valley R1C ;1%50 Lehl'rh Valley-CoaLr;.-No tar 5,100 i% 1st 5a st pd 25% • partvpd-1927 • 14% Jau 201.1 Sept 17 5' I^tilgli I'ortUiHl Cement.. .25 100 3,800 ; raoM; 28 M 20% Dec 3S7» ;■ 53.1 Sept 13 2838 AugW 17% Jan -No par ^ 600 231; 113 MK 21 >. Apr Feb 14^ 24 5% preferred r.... KM) Tittinbert Co (The)i.._.No par 23 23% *111 113 A8 * iMclede Gas Lt Co St Ijouis 100 10% 22% 23% *22% 1*1 10 38s X 10'4 127« *9% 25% 30 20 Apr 1. 97g 48< Ma) . Mar 26 1438 July 30. 38; Jan 10 *22% Mar i 22 - 10% Jan 27« Feb 15 22 , & Co.l...No par. 250 13% 37% *34 13 101 113% *111 1%: 3s- 1% 127g' *i)% 10% 23'; 21"% 21 112% 112% 22% 1121; i 12'" *21 3lj 10% 23% 127« 13 37% *34 37% 20 Hi f 10M ' 29% S 25 24 % A..;..1977iF A Geo A ref 4MB series B..- .11)81 J J . 27% . Hi 15 Gen 4J^s series *13% '24" 187* Nov 8% May • 39% July 22 106 Feb 14; 23'i Feb 15 Kresre Dent, Stores..-...... 1 4 27% 'ml v29?i 29 H I Mar i 12 Feb 14 25%June 134 Jan 24 13% *30 , 121 Apr 22 Keystone Steel & W Co. No par *271" 33% 16 lfiM tie icral g 4s 2!K; 34 117% May 1 3% Maj 5% Nov 13 31 20U 34 121% Mar 12 6 Aug '2 Aug 13 98% Feb 21 201" 35 uh; 24 M •|*Clilc R I & Pac liy gen 4s*.1988 Apr 121% Apr 18 97 pf-.iOO Class A..No par Copper.>....No par *28 21" 22 M •Chicago Union Station— J 1st mtac 3%s series E—,1963 J J 1st mtge 3%s scries F .1963 J J Chic A West Indiana con 4s. 1952 ) 1st A ref M 4%h series D..1962 M S 10 Apr 16 Kennecott *137« *2Vi 7' 5 Kavser (J) <fc Co.Jt..-.. Kendall Co ?5 pt i»f 20 19,000 34 14% 33% 23 M 36 21% Income 104% Jau 27. Keith-Albee-Orplieuin 33 29 23 M 'ml - 11 ;.li. Aug 1940 Jan 97„junr Mar 19 100 5% eonv preferred.. .100 . 3% i 19%' 10% %■ J. J1111, Jan If. 12% 6% Nov Ivehey Hayes Wh'l conv cl A. 1 105 32-84 15 12 % V 16% JI ♦Chicago Mar Sept 17 114% Aug 13 800 33% 1 Jan fi2 ; 8638 July 31 6 Kan City P & L pf ser B No par x\ 16%Juno 12 3'1 Apr 23 Kansas City Soutlieni.No par 153i Jan 4% preferred. 100 12 Apr 16 Kaufrnann Dept Stores *"400 33*2 -33% 14-14 4;%' 2 <4 42M ; 34M i7M 27% July 31 67 Aug 23 Nov 12 44 . Feb 11 1*28 Oct 17 70 '.t.l.. 8 Oct 17 59 Kalamazoo Stove & Turn...10 cCZ..2 5% *103 328. 32% 33% 600 10 M 1 H i 42 30 M f*Securcd6 Mb--~ 1636 ♦lst&ref *5s. —vi.May 1 2037 ♦1st & ref 4 Jijs stpd May 1 2037 ;*l8t & rot 4Ms C.'.May 1 2037 Dec May 3484 May 7178 Sept 18 20% Oct 16 > -..-1 Joy MIg Co.. 40 7% 7% 13% 5% 103 105 *103 ""266 101 *95 ■ 131 *13% 5*i 5% 105 *103 *05 IOO 13% 12% 101 7% 7% 7% *7% *05 6 6. 6% 0 14 *1384 13«< 13''4 71 100 7U 7*i *7li *05 800 201 •12 1(H 101 100 "4 *19 12% 2,100 . 8-84 521 21 1*2 102 *101 104 *101 4% *384 4 37s *18 12% '< 12% 13 121-1. *120 120 120 *12(1'; — 7% 7% 7 - — Chllds Co deli 5s—'1943 08 j 6"K fi78 .30%' 9% - 1 June 9 ; "■ 7 *03.! 7 *08.t *120 M. MM • 108% Oct 30 100 7 Jan 16 110 1<M) 11% Jan 44 41?*. 40 42 30%' ♦Gunv 4'i's serleH A.1949 V. Dec -.130 2d%Ata} 5.| 8 29% 4,28% Dec 8n 74% Junr Apr 23 32 Johns Manville... J...No par 75 . *11 11% 73j Nov 12 1 Jewel Tea Co Inc.....No par 400 57 Go...:. Jarvls (W B) 4,000 Xk 60 ' 55 38 4s ctfs registered----il.1988 {♦Refunding gold Is 193-1 5*.4ocurod 4Ms series A..;. 11)52 *10!)% 111 54*4 .1541; 55 54i« 1989 111/ 37 *35% 110 110 7*4 • 36% *35 110 110 57 74 12 110'" 60. -5 ,*72.', 37 *35% *110 571s *1231; 124 2 Us, 211; 61 \ 01 57 7*, 7*4 7s* 1 61 39 % .... .., , 72 39'*. Dec ,-36% Jan Ma} 30 Nov 13% Ma} 109 Dec 97); Jar 434 Jan is4 Ma} 4% Jan •J. KjMaj 4-% Ma} ./• I0'8 Jan Sj 3334 Aug 134% Aug Mar 21 ■ . *v. Apr 25 . 9% Aug 20j 271.1 Apr 21 Jau 56% Junr 32 J% 12 M 12 41 39%i 36 M 38 M — t 7% 35 30 H F.May- I 1989 series 3 Mb registered 21% May " Feb 14 124 Oct 3 14 5% Feb 19 87 Feb 24 ; Oct 30 104 .-•i 100 ... ..No par 31% Jau 30 Jan 95 Tele?....ATo par Eoreltn share ctfs...No par Intertyiw tiorp May 20 Jan ;73 • 267« Ma} Oct 24 49 Inter Telep <fe Stores.No par 49 25% Feb 15 50 preferred..-^4.i_.-1100 Hiter.stHte Dept. 2% Sept 12 48% Oct 18 32%May 23 38% Feb 21 KM) 37 M Ry.1987 1987 ♦General 4s ....; 1987 4s registered— ...,1.1.1987 ♦Ktpd 4h 11 p Fed Inc tax. 1987 ♦Geo 45js stpd Fed Inc tax 19874%'s registered.— ...1987 ♦Gen 5s stpd Fed inc tax.. 198.7 ♦4 %i8 stamped — ..1987 Jan 38% 10% May 40% May 1% Ma} Salt..... No )hu 18.1% OM 6 Hi 1 198!) {Chicago & North Western ♦Xieneral g 3 ,!^s. Jan 133 Junr 109 r 08 I960 50-year 4s,11956 - A pi 7 t 19* Jure : Jau 13 40% 37M f 34Vj ; Dec 14% v, 72 30% is 1966 Aa .May ICIiic Miliv Ft Paul & Pac Rll*Mtge g 5s series Aa .1975 ♦Conv adj 5s.. Jab 1 2000 Jan 173 3% May 7378Junc 10 preferred..-., Dee 62-84 i" 20 5% series 6s ser B Sou & ♦Gen 191% Mar Dec 8 May Jan 1 44 5% Maj 1 63 20 • 1<>78 Feb 19 KM) 5s gen gen 3 ♦Geo 4MB series O.May .*Geu 4!^s series E.May 2% Dec Ma> 57% Feb 19 1% Apr 16 Inlernatlonal "i 12% JilU' 38 2 33j 2D% JCtiic Milwaukee & St Panl—; ♦Gen 4s series A —.May 1' 1989 ♦Gen g 3%js ser B.May 1 1089 , 8 8 ,81 8 & ♦l,Ht & Mai 5% Nov 6% Mav 1 Maj - 15 . Co Inter Rys of Cent 30 130% 130% 2 3 v. Apr 113 Juu< 5% conv preferred....... 100 Preferred.-.. % .' 8% 91 131 International Silver 29,700 *l8t '■ 71; Nov 47% Mar ,v 38 -- 88 22 M 30% 109% 121% 38 25 -. Jan '*15% i. 2% Jul> Apr 24 125 4% Jinn 21% Aui 136 % Oct 27 3 7% Maj 27 M 121 M 56 H 39 M ♦Refunding « 5s serk's B.. 1947 ♦Refunding 4s series O—...1947 , Nov 6% Apr 21 International Shoe. „:_.Ar0 pair 100 *06 IOO i *8's *8% Inter Paper 200 • *2% Exchange Apt 94 167% Jau 10 57 July 22 5 June .10 150 Int Nickel of ('anada.-lVo par 200 . 46% 43%May / 800 *27% 27% *27% ,28. 45% 45% 45% 45%. *10214 107 1021" *102% 107 2 2 2% 2', 2%' 2 2 *2% 7. 2.% 21" 10-34 10% 10% in*- 110% 28% 28 Jan 158 49 140 Sys class A.25 Marioe.No par Internat'l Mining*Corp. 240 ' 47"i *45 ' *27%, Int Hydro-Elec 3,400 47% 100 Int Mercantile 130% 29 118 - 26% V21M 63 M 2038 |*Cliie Irid & Loulsv ref- 6s.. 1947 Apr Maj 11% Jan 2% Jan 3o's Apr 23 May 1 .400 - % Preferred... 16 50 . 1% 471; 2 47%: -Prior preferred^. Internat'l Harvester.._A'» par *126 16% ♦Gen inc mtge4>$s,-— B<> Nov 934 Ma} 6 1997 1982 i Chicago Gt West 1st 4s ser A.1988 Jan 6% 23 06% Ma} '% Apr 10 Int Business Maelilnes-Afe par 24,300 ;: 200- 2584 25% 5 1...Ar7 par 300 1.300 .Chicago & Erie 1st gold 5s .; Dei 16% Mai 7% Sept 11 27 Sept 1.8 113% Jan 28 5:i8 July 22 19% Apr 10 107' July Agricultural..iVo par Interlace Iron Intermit 4,100 47.700 1 Jan MS) 9 7BM A^.,..__.1971 Jan 72 13% Jan Feb 25 j 3% Feb 17 % 084Nov 12 100 13% 3%3% 128 128 120 6% preferred...4......100 No par Intercont'l Rubber.! i;ioo; • Dei 88 M 73J-I Chic lad 0,700 12% 461; •. 44 1" 12% *17s *27-8' 2818 000 152 152 '11% 47U 2HI.J ->*4(512; 6,700! 1% 45% 4084 4578 162 162% 162% *150 r„. 151; 58% 48 7 45% 12'j 120 2'* *2 *47 .48- " ;*608( 60 2 .v r IntercKemk'al Corp.. ..»V0 par 240 111; 8% 25% 12-14 410'? <1012 *47 1,000 1" 13% *3% ,' 3% 3*' 26% 27% 27% *129% 133 134 Kill l"7* l'Ps *3% 2684 22% 152% 152% 1621" *160 %« 13 % I2i« 7. 100% 10078 4"8 *4% 1001 2% 20 4 b 07 7554 MK 73,% 1958 13% ■-'143% Apr 140 9% Apr 22 6 - Jam - Jan 10 161 90«; Jan Inspiration Cons Copper...20 22 31 t 90 70 08 104 9 ..r, ' 24% Ma> 12 r 901i 77 M 07 General Is Chicago & Eastern 111 RR—■ ♦tied 111 tge ino (conv) 1111; Jail 22 InsuranLsliares Ctfs Ine......l 4's 4% ,6% 0% 67s *1% *l-*8 1% *4381 • 441? ;. 44 ? 46% Oct 31 6884 Oct 17 ! 300 : 441" 4484 *91 154' Kept 23 4,000 22 1007s ' 154 *152 48H 1(121; 47 4H 2084May27 7 7 , 22 100 • 18X 1% 43% 152% 1520 155 *152 *0% 67S 23 10011 48, *4% 078 68.1 100 1 9% July 21 29'8 July 38 10% 10% 6*8 ..No i»it 6% preferred...... Iuland Steel Co....-.-No par Feb 13 S 10% 10 , , 5% Ala} 4 Aug 45%'May 22 43, Aug 2 21% Jail 27 15% Nov 12 I Ijidustrlnl Rayon..;...No par Inuersoll-Rand » 70 10% 22 r, Reflninav.>i—e--'--10 Indian 10% Aug 2 2,700 69% Maj % Ma} 0 24 6 Jan Indianapolis P & 1, Co.No par ~ --- Jan j 70% ;r68% 10 »11 34 Jan Feb 18 27s 4%-.100 Sec ctfs series A.,.1000 600 02%- 021 *155 70% 07s 4"« *41" , 24% 02 02 '155 70 7 *«7„ *«7S 7 24 *23 23»i 23'. *10011 1007K *10')% 10')7/J . 02 IHt 130 500 , 13 34% 100 Leased llaes 5,600 , 70 v. 7% 24% 25% 0.17^ 25%; 25% 8 .24% 5 6% Feb 15 100 6% preferred series A 16% 7% 24% 15% Illinois Central RR Co 000 240 3% .10% *7*2 *155 *155 *3 16% • R 8 3% .. 6,100 38 *37 % Nov :> 7% 17 17 37% ; , 3 • 161,s 15% «%. 8% i 37 7% 7% 17 *16% 10'" *37 " 7 7% ♦IHljj No par 1st & ref 4Mb series B...__il977 1st & ref 5s series 3?s 3"* 92% 15% 14% 10% 1(1% I 99 ;V 28 i 26 % 1 30 28" .1 } 16 27%. 15% 10 % *26. 15 V "--25%; * 27% i 154 Volume Number 4008 . 1079 THE COMMERCIAL & FINANCIAL CHRONICLE *. NEW YORK STOCK RECORD NEW YORK BOND RECORD i _ AVeak's Friday '" * EXCHANGE >-'•> Week Ended Nov. 14 HX BONDS Lust N. Y. STOC K ) I Railroad & Indus. Cos. «s Friday's it- Rl<l Price LOW Range Range or * Half. Isa. "*> Asked Jan. !• ccjofj 'Monday j Saturday ■Nov'. 10v Nov. 8 : Low (Coht.) High ■": Low No 8 rer share S rer,share 51 *18U = 1070 _ 108 H ■If N •63H 54 H \ J J 1st & ref 1st mortgage 4 .1936 13H 1955 FA Con & ref 3sser H. - > --• - 108 H 9 7H 8 *7<2 33 17 H 17 H 7H 114 \% Hi 14 1 44 Vn H 14 • 14 U 12 U : • J J if 5u <■ 5H : 7 a 72 U 88,;- 111 H um irni i) 111H 17 108H 112 t IU% "1 109 100 lii ,S 107 M 53 102 % 107 H U' 1) *41 1995 J 1) 112 % 48 J ♦.second gold ls. i. 1961 Detroit Term & Tuui.cH 4s. — 1950 j Dow Chemical deb 2'4 1962 Del Miss & lr Ilaige Ry 3 45 - 1937 J J*Dul Sou Shore At Atl g 5st.. 1965 iDu lUesne Light 1st M 34s---- 1/N : 95 H 95 H 41 46 25 *14U 18 4 1)0 . 8 101H 104 X 103 103 106 J J J J - r ■ 1»H •20 108 5li 284 i *28 284 293^ Minn Nor 1)1 v 1st 4a.. 1956 & Ua 1)1 v 1st 54. East Ry Ea t Term Va 1 ( • V. / Prior 4s 1996 ./ 4s prior.. 97 98 H ♦Series B-.-. is series I) II 58 H 4 * ' 2 . -4 1 O 106 H 159,1 1534 84 8 I'¬ 70 U O lot a .' 5 101 "88"" 87 M 88 U 195 J 55 M 53 U 55 U •215 89 ' '. 55 U 82 H 103 M 103 121H 105 81H 49 H 101 28 H D 99 % 99.H J 26*4 1064 10734 8H 6U ■38 With det \H 09 % 11)49 J I) 73"2 J *10 *694 J 1934 J J 214 1945 A a 10 1 (is.. . tjMa Caro A; Nor 1st ext (6 declaration 1st At gens With 4 Us ser A... -. Hsserh-a B—. — Goneral 5s aeries C---,----■ OeneraUH* w-rtes D-.- — General 4Hh series E-«-—-General mtge 4a series G.... (Jen mtge 4»series H - • Gen mtge 3 }i3series I...... 141® 1,600 MDsion ht 2.800 14 154 154 2,000 1,200 7% preferred series \Ai--.100 Mohawk;Carpet Mills.——20 Monsanto Chemical Co..-.10 1st mtge ----- Nor 1st 5H» 5>series C.. B- -... /. A "os" 1961 107 107 "*124 28")® 271® *39) 2lii . v,: 2l!2 3*i *6H» Closed- 102 U 95 H 11)76 87 87 114 11)77 J 86 86 11)46 99 984i 99 1946 95 H 1)5 H 90 H 190/ 76 H 76 U r> ■ 124 121s! 684! 38', 300 34 33., 34 33, 34 7,800 194 20 20 174*384 > 4 17 174 19)® 194 18!" 194 7171® 4 44 -84 *94 18'i.4 918 l6»4 . 19 100f2 Uoo 100*2 15* fl5 5 0% 23 4914 7U s>"7' 6-'l, 154 >15'« 96 79 *67. *67• 68 72 72 . 3's" 55 96 604 62 ;U4 *167 \ - ■ 24*4 *14 2414 105 89 - 904 104 1II H 130 H 130H 10 98 H 1)9 2 04 U 00 11 •104 2 38 38 39 H . 124 "41" . 52 124 1 42 - 110 40 U 10 U % 60 J *88 15 - J J 4 82 O > 82 . . ,M *80 *3(4 ..1951 W 8 ..1952 4 O 42 *.t ' M 30 J. 11)52 J ..'11)53 •Collateral trust gold 48- -' 2.1955 Refunding 5s .JG j' - ;>,V* - -» 15 .•• 66 1. *61)1® V "38"7 M ,V 49 MA' .2190(3 F 40 H A 39 39 U U 147 1 38 39 49 50 U 41 :,39H ; o 4s. 2.. ^. 195P gold 3s . .1951 Louisv DiV At Term g 3Hh,— :.1953 Omaha Div Jst gold 3sT. Cairo Bridge gold Litchfield Div 1st Ht t.ouls 3U registered 81H 00 00 *54 J E . 81 H J) 41 A J 43 J ■2...1951 J Div & Tenn g Gold 3 Us./. ... 81-U J J-W J J 3st.-.: 195 55 50 --.. 100 — 101W 10 1 Aug 43 M,i .Nat Dept Stores 0% preferred : Nov 12 1214 127 404 No par 17 12 . 1 11 Apr 26 1004105 >. 4 Dec 53 Apr ■ 1 ,'200 1,100 N atl anal Oil.Products Co... 20 8,100 National Pow At Lt..L.iVo par 6,700 National Steel Cor p. 9.200 14*4 154 4,800 82 conv preferred Xi. 1 —40 67)® 200 *694 734 180 5 U% prior preferred a. .101) 0% tirlor preferred. 1 -X . 100 ; - - 731® 31 1,300 National Tea Co......No par 3 Apr 104 1,400 Natouiss (X). No par 1) 600 No par 8 ••■• -100 241® 234 xin 13 1 Nels.ier Bros lnc I6J4 Nov .68 25% M ur 9! Apr 53*2 Apr Jan 110 l>ec Feb par 20*4 Feb 14 106U Mar 8 311-» Apr 24 1,000 ;Ne\v York central* at .jyo yar N Y Cnic & St Louis €6.... 100 1)l4 Nov 13 lil-*4 Feb 19 | 43*8 1,700 114 900 64 500 "" . 89,500 100 16*8 108 22 U Apr . '2734 Jan 23'a Not 10534 No\ 6 30U May 151.1 Jail 10 ■18*4 Aug 2 914 May 87s May 145 Jail 15 ',471.1 Aug 2 241.1 Jail 3 ! 4',tMay 16 8 Sept 2Q)j Ma,\ 8 314 Ma> Apr 12 Oct 23 Oct 3 112 Jan 115 N Y At H irlam RR Co.....50 108 10% nbn eum pref.L.. —.5.) 110 June 18 47 Ma.\ 6 i IS 5% preferred-No par S 2 July 28 116 Feu 14 IH4N0V . •8 f 117ti 25 6% preferred series; A... 100 N YC OmdbusCorpr.No par New Yofk D ock.. t. No par 20 31 313« 1 78 1 30's 314 j 22*8 '. *21*2 f*'s 195 117.:; *117 191 191- 11 1*521® 51' *524 524 124 "134 124 134 *97)y>-i-4 f97'» " - 118 114 62U *1 4 214 ill i 1,300 's - *21 117 ; 8.000 301" .31.. 195 197.) IIS *117 -7 *35 ■>•'■ 4 -X XI1 3D, 224 *4 ,N Y I-mck At 55 4 - <8 *1 *-) 118 55 ' i" -• V t3 • 90 *112*2 1 ;t0* 10 •. L ' 393, I > >178> 2 *24)2 27'J 2^ 28 10U 12), ! 40 40 t' 4012 ;■ 53a ! 64 ' *23 )2 86 Jum Apr Apr 10'® June 14% 64 *£>>'* 67lt 100 8r,s 10% 30% 114 117*4 3U Jni 7U Ma) 8)2 Oci 14 Mil) 72 Jul) 36 Ma) Nov 6'a May 42*4 1174 *110 Am 2')ij Jul) 12 110 6 Feb 48 401.1 Nov ■ 7 4'2i® IU), Jan Jan 143s May 8 *6 108 Jan 9®4 ill's Aug 1,2 111 Jan 34 >11'8 Oct 2 : IDs Apr 18 i!7 July 21 Feb 17 878 (31*4 Jan 42 *108 5 : 38*4 Sept 26U Ma> Sept 75*2 Sept ' 27 7334 28 64 174 164 Apr 5-*s Apr 23 121® 161® 22>2 Industries_.......-1 ,114 16 778July Newport :4n« *16 Jan 131® Ma) 8,600' ' 71' 141s Ma) Jail Jan 96 y28-*4 Dei 5*g Ma) 48 Ma) X 4*8 Ma) 8 Ma) Jail 2,000 94 148, 414 04 Jun Apr 12U July 7-X Mar Nov 10 N'port News Ship At Dr Dock 1 86 conv preferred:. --Wo /.or 14', 66 157s 341.1 Sept 105 !N Y Air Brake |94 71.1 Jum 5U Ma) Dec 5%-pref series A..,—--.100 Newmont Mi dog C orp 10 100 144 Oct • Dec 40 900 94 X) 9V 154 *14*8 : 791.8 Feb 10 2,800 94 Nov 176 .45i« Jan 16 110 Jan 17 234 234 7-*s 734 267s Jum 153»4 Apr 28 • Apr Ma) 5*» Ma) 3 Ma) July 25 69D serial prefX- .100 Jan Mar 184 Jum 38 coav Ma) 132 Newberry Co (J J)..X.No par 4U% Jan 16U I3:*8 17 i 200 100 091ft Apr zlOO j Feb HI • Nov Jan 681® Apr 30 83, —— Apr Jan >- 22 3 *84 Nehi Corp 19 6 03"8 Jan 10 j 4U Apr 23 81® Feb 19 41 Feb 10 43 Feb H 104 34 Jau Dec IX" >24 19 Feb 84 '3 Apr 176 3 «8 25 Sept 16U 24ij 176 154 16*k Apr 21 National Supply (The) l\i—M» *65'i 154 . Oct 29 471® Nov 12 48 Jail Dee 834 Sept 10 IDs Jum 8*8 Jan 13 Sept '14%Nov-13 ■XlOltS 34 .' 64 Feb 20U I . lOKiaMay 2s 13.) Nov 14 334 6*4 7U 22U 23*4 9*4 Ma> ■ !207«Scpt 17 5 73'8 Nov '104 *110 *3914 *14 , 97 27% Dec 110'® Dee 50 Jau 18% Jan 21 *4 Jau 39 Jan 33'® Mar 8's Apr 434 Ma) 104 Ma) HSU Mar Feb 24 110 Apt 117*4 5 45 Jun. 7 12% Apr Aug .c28 V 21 - *191 117 *5184 -524 6,600 4'H) 196 -117 114 -114 *52 54 , 21) 2)4 *5134 114 90 30,900 100 54 '52'4 400 x x *1*2 ! *231® 10 : ■*. 13*4 12's 134 *973., -5"s /'■ 5-*., 7- 6 1154 *1124 ,1154 *1124 1154 124 123s- , 124 124 124 39*4 *394 404 *40 404 '-1%1% X..t«g *4 14 271" 29 *234 29 *23)2 ---- - *97*4 54 5r>» 10 10--1 10 10 i 3 I Oat 29 ; 21 j Nov 14 Norfolk & Wc Jtcrtl Ry.... 100 188 Adjust4% preferred.X--100 109 iNortti- Ainerican Co.;.. .i.. 10 !; 6% prefer.edseriesl.is..50 11 May 3) Feb 25 Nov 12 1 h" . .50 Jail Jun 26% Jnn i!)8 84'j Jum 4i2 May «7i? Dec '34 July Jail 15 Da Oct 2/ Apr 25 «r """766 Norwich Puarmaeal Co. .2.50 Ohio Oil Co.. . Dec 23 May 10 - 117 15 23 — 226U May J-17*8 Jan 10 50 .. 105 Apr 21 2 13 1 3 W'sJime Preferre :i.. 6 35% Jan Northwest Air Li .es .1.No far NorwalkTire A5 Rubber Wo 175 Oct Jan Dec 57's Jan 20 "lXJOO NorthwesTrn Telegraph; Jan 25 1191® Jau 3134 59 1)0 1 Ma) 215 Jau '2 58 a'* Nov 110 May 20 20 Jai Ma) •>s. 2 47U Ma) Nortlwrn Pacific Ry.;. — -.100 Nor States Pow 85 pref '.'No Far 600 1314 l4 Jan 10 35 Sept 18 3234 Jan 8 Oci Dei 58% Nov De< l4 I„ j 58% Jan 6 121® Apr ' >tl 6 May 14*8 May 47i® Ma) North American Aviation.-XI 8,900 Oct 30 50U Apr 21) 50*4 Apr 21) .50 54 preferied'rcrles Aug ht 1®8 Feb 241® Feb 14 14,560 • 10 6 lncX.--5 ;Nohlitt Sparks Indus /. v- ■ 4 Northern Ce ltral Ry Co.. .50 13 60 Jan l.ijj Jan .>!« Jan Col. 100 ,JN Y Ontario & Western.-100 N Y Shipbklg Corp partstk.Xl 400 > West ltv }N Y N H A: Hartford.t-100 > Conv preferred... .J.X.—100 Nov j 173s Jan K) Sept 29 • 8l.j Aug 11312 Nov jU 1 6 May Jan 114 Sept Oct 21 ;40 Jan 27~May 5 j 23,j "Jan 11 l'27i®July 30 3 .j 101 9U 1 2>t May 251j 11 I34i Feb 7 Am De* *39*Nev 5% Jan 42*2 Jau lOU May 93 U *10 38 934 O " "484' 38 ' 474 454 83, 19*8 «194 34 •34 384 -38 - • 474 464 55 49 *68 . 3*2 -'•694 6»4 70 / 81® • "84 8*2 4 197S 20 1 ! 3*2 I *4)2 5 ".'V*4U':,v 5 14; 144 1 1334. 144 *143*2 145)2 *143*2 1454 1 74.4 ; 3 504 64 •V'W" 634 81® ;83s toil 194 34 *194 3 *68)® • 84 - 194 34 ]3 68 70 - -684 8*8 8)-, 11,300 -19*8 - 194 1,700 - 34 67 34 67 *44 -. 44 *44 >44 j *4*8 ' 44 13 134 I 13 131 134 134 *143*2 1454 *1434 1451 2 *1434 1 454 4,500 6-*i Feb 19 13*4 Feb 1' 3 Nov 12 No par iOllvcr Farm Elulp..>.Wo par Omnibus Cnrp (Tfte)X—. -6 8% preferred A .. — 100 Oppeaheim C./111-iS-.'.-Wo / ar !Otls Elev,ator>^...4--Wo >ar - 6) ' ; - 00 "5", 166 6% preferred. 644' V. .39 42 47 ' f 49 44 514 47 44 514 5*4 .*17-. *54 ■> *1151, •42 ;•• V.'- >>5*2 >53i 55 > .17 .18 156 ' 56\- *52U 17 ': *54 -. -56 - '56 For 42 .- 41'2 54 53 *16- >54 *11512 .-e--: *115)21 ,. i 42 lootnotps ,see: page. 1082, 40 154 54 ■ 54 --•54 53 *521. 541, I6*.j *16 17 5 *54 * v--— >41 is 56 1154 40 401® 53« .X IV.'i'i -100 Otis Steel Co. I -: £ 5,400 53 53 300 *16 17 100 s - . 3 13 140 Oct 28 .i.".,—.-No Jau 54 54 > 10 Outlet Co. 41 9.600 Owe us— * til lots Glass Co. 12.50 6 0i«Sopt 17 Feb I Nov 12 June 7 4 8 j 17-*, Jan 150 Jail 11 ••• V- ' ' 5-*s Jum llj'4 Ma) 7®j May 5's Nov 12 Jiule 4 ! 26 U Jan 6 48i®Juue 3 I 9 120 i- Mar 20 38*4 May 1 56 J.20 ® Oct- 95 8*4 May 23% Apr 14% Mar May 2's May 1Dh Jun 12434 Jum Mar 112 5% Apr ISJan 150 Dec ' ' I I0*s Jan JO ! 604 Aug 27 16 > ar gt.X>.100 IOO® Jail J i - *1154 40', — July 24 23'ig July 11 • 40«j Apr 16 X. No Par -85.50 conv 1st pref-Wo par Outboard Marine At Mfg—-.5 P.-elcrrei. 110 410 - 82 U f6otiiofc64ee~page"1083. " Mar 87s Nov Oc< T25)»Septl8 30 Nov 6 5 .... National Lead Co....a 10 Dim 15*4 Jail If) 10'sSept Jan . 8*i *110 r. 1174 13 134 94 •« Jz -''.G 15*4 Mar 83 111>2 Juii' 12*8 '163k Sept 24 8 Sept 2 7i» Feb Stampi ig.A'o par Nat (Jypsum Co .a .'XXX1 84.50 conv preferred.No par Nat iJHtillers Prod i ll A78 Feb 15 No par 48U 35 4 2 5U Nov 564 Nov 1)3., Apr 28 i 14*8 July 31 5 :_./;.;.>T0 - Jum 86 11UMay -hi 8*4 \pr ) 12>8June 6 34 47-4 9 171® Jan 15 """56 19 7U Juiu I6I4 IOOI4N0V 14 Cash Register..I.No par National Cyll uler Gas (' )— Nat D airy Products J.. No par J tin Jni 5H Jul) Oct 271 HVjMay 21 -184 334 139 334 Ma) li 155 2 704 Oct 21 ! i 74 11-4 ll's ••HU/IDJ 64 ' 52*2 ' 52*2 *5234 :• 52*2 *52) 2 524 53 41' 45 . Jum 13'j 6] Hi 71 100 5% pref series A— 7% preferred A........100 6% preferred B—100 Nat Mall At St'i:C 1st Co No par 139 Jan Sept i HP., 104 111 *117 I 104 264 41 ..... 41 8; Nat Bund <fc Share Corp No par 6.4(H) 173 9 11 •1SU Jan 1751® Jan 1607«May 27 Nat Bond A: Invest Co.AX) > ar 3>oo 80 '•! 84 94 ! His 12 22 22 22*8 11)7*2 197)-. *195 f( 684 188 41U U /422 *44 ::.^:.p»5i J.i.J t, -- 97's Ma) 4 Ma) 8>t Jan 11; 714 Apr 21 15i8 May lt) — ' ; 8)4 Ma) Ma) 56 till 'I 7'i Jail Nov 12 6 preferred...—-. It) Nat Eaap Ar 14*,, 144 *167 66 eonv 7% preferred.1 4)800 •X 61, -. 6% Nat Aviation Corp..........5 National Biscuit Co.—.. " 73 4734 ,64 *108 '..-84 40 U 38 2 •' ■ *70 34 474 17*2 111 ' 39\ 3,000 600 54 ■34 34 : 42*2 ■ *6*2 - 2.1955 MAT 94 XX- 5 33 33 Nat Automotive Fibres Inc.. 1 "70" 42 May !|X" 127-4 1324 854 100 894 * - 41 41H Feb May 2*8 May j. 5*8 July 28; 23'®Sept 2 :'23% Jan 2 f Apr 10*2 23*i 104 16 -."114 7), *31 82 80 86 15 20 511® Jan 27' 18 378 Nov 7 16 1 101)3, 1093, *1091® 1104 *101)4 1104 32 b 32 32', 32 1 32).i 314 33 * 12 *110 12 89 4 - I Refunding 4s.: - Z':Purchased It-'c« 3 Us. - - .40-year 4 19 105 104H J "A 64 234 174 75', 24*4 !'24)S V *97)2- J 12 741-2 Sept 24 ; 3*4 Apr 21 1414 Jan 3 5 1...... _ 1084 1124 103 H 4 112 23 371.1 Nov 13 Nashv Clutt At 8t Louls.-.IUO Natl jnal Acme Co. 000 234 1434 Naslt-Kclvinator (^orp. 9,600 15' 15 1334 -134 -*13*4 *73 75', 754 *73 " 754 -42 414 *40 *414 42 *105)2 107 >1054 107 *1054 107 25 ; 24*2 25 244 2434 254 ( -87S4 74 74 8 114 84 8 17*4 173, *16 *108 >108 111 103 H 1054 1)8 H • 1)1® *14 i -254 254 ' 15 *6'2 104 U 104* " 2 17 4"k Apr National Cm C >rp_In -414 106 j. 43 50 12 J 6l~s Apr 109*, June 25 Nat 1)4 173 7234 >34 10*1 81, 42 *114 734 ./ ./ — 2.600 5 . 154 604 • 578'*' 64 >112*2 1154 *112*2 1154 121.4 .12U 1*2*2 1231 4s... 144 7 664 *69)3 ?15 ■- 32*2 v 33 *" 10*4 :i 94 ■3D2 1)0 36 0 - 4,800 73 484 6*2 > ■M 106)4 106*4 26*2 25)2 8-U 6 Collateral trust gold 100 Murray Corp of America..10 Myers (E E) & Bro_.—No par - 5'1 *17 V 167 31" ; >75li./77vf 4?8t 79 02 47 O /.J 1)51 5% preferredX 100 300 64 174 *70 34 33> ; 3', 10*2 8-4 ' 8-4 15 Ml H II income 224 4,400 XI54 15 140 1414 1414 *139 1834 18"s 184 4 181" IB 77, . >84 -G 63 130 H 0*8May .».No par Murphy Uo (G C)...—Aro Kir . Feb 19 46 6 241, Jan 13 4*8 July 21 74 July 21 >137s Aug 6 2-*rMay 15 1 Jan 17-*8 Jan 6 184, May 1 —..No par 134 9% 15 *17 15 173 I4U 43 *75 93 87 - X-.' Brass Co 87 preferred Mo is! igyvear I nc 12 6"xMay 29 13*8 Oct 20 ...5 M ill us Mfg Co class B 100 15 134 9)2 t 5 73); ■'j 47*2 i64 10)2 10*8 64 88 104 H (, D A' A - IDs 234 *94 5 > 73 *3 :< 15 *14 *42 95-U 40H WN Oil 4Us debs.. - r Coal 1st a f fis ser A --02 on Co Gas 1st g 5s . - -BWtt on At Manlmt 1st 5s A - --1 57 - - *1)1, '53; A 5s. ...193/ M N- J U»- *64 --64 94 3*2 -68 >72 3*8 10*2 -0 10*2 9H *88 Feb 09 78 r 64 *70 i't 74 * ••'144 94 - l.T«4 ; >>>>'- - t, 1,200 13,600 X 5 ■ 134 154 ■> 5 ; 334 312 43347494 15 5'! 54 13 134 -9t2 224 224 *164-174 >19 3*2. > 54 64 ; :'143.!s 19 8>« - 164 *15 9^8 174 '8 3ssterli )g----^ Mueller Gorp.-L ! 1,900 8-4 -t 84 84 16 147g t 15'« 414441478 >168*2 1?4 . 161® V13 154 ^ '6*4 '" 64 *9*4 9*2 ,214 23 6' 83, 161® *1664 170. *1644 1684 *1094 170 19 *i 8:'4 184 19 184 19 *1004 1001® U004 1004 1004 100'1 v 16*2 i6«2 >15 '• 5*.t * 5*2 54 *1311 13*2 13.11 IB" ...())•» >91" 154 834 164 400 64 64 94 16'4 100 4,300 4 4 6 6 6', 84 164 19 184 4 6 a*i 94 6), 15 100U 594 4 4 • 167« 483.1 07 H J ton 1st gold 7,700 34 18 ;' 1*167^1778 5'« 54 >5ij "-Sis > *744':75 74 74*2 944 1054 914 994 76 874 j lSt gold 3 U» - r Extended 1st gold 40 *364 19)" * 1901 - 1,300 37', 18-4 87-i. 69 '86, H 111 *86 - 4s 700 124 124 684 -6884 374 213.4 3'»' 46 H 6s.--.L J j i'ng Val 1st co' SB 4H®> 7 j1 o R) Co 1st mtge ..c ] J44 1. . 70 684 *194 *168 67 H 1909 2 Us ser A . . .11)81 RRp- »... ..1951 48-L--. j^----"n U1951 registered -jj. . - - --..1951 1,000 39), •' *167s 05 • 91 1950 1st gold 3 60 v-50 Essex.. Motor Wheel 1)00 3 60 12-34 . 184 1 18-4 6*2 13*i 105U 109 99U 108U 944 U)4 U 86 954 97 9 Feb 1950 inols Bell Telep 214 .3 -60 394 \ *109*2 110*2 *10912 110*2 *63 Feb llnola Central 21)® : 3 20 >23 39 35 95 87 H 87 f M * 5s..,-..j---l,T,bl9i»7 A 1)00 110*2 110l2 *1094 110*2 *1094 1104 64 .75 4 54 54 ) 54 54 Day 4 3's. 44 . *100 12 4 95 103 U 95 H inn 6 27 Mctor Products Corp--Aro par 1,400 134 14 70 12l2 68 Armistice 74 134 22 76O 74 14 *21 66 3*.i : '•■>•> .7 64 14 Exchange 41 1 74 134 , 72 *70 43 378 104 4 107 107 104 H 1973 56 6 Jan 333, *i 33)2 38 *31'VMaj Mar 2678 28 -. 74 f Stock 31, I® OF" "so"" "88" j"j 123 Aug 19 U31® Oct 4 391" Jan 8 113ig Ma) Nov 12 l087sJune 115 Feb *1878 1 Oct May July 122 Apr 33 . 119 Apr 24' - 119 Ma,\ 16 10 - No\ 110 18*s 74 144 18 70 x79 87s MB) Ma) >• 140*2 140*2 *140 102 y Jan Sept 20 1181, Sept 24 27 3078 15g; X. 68 !S)4 Jan 45 10 ; Mar Jan 4*4 19*8 214 Jum 97 88 112 l's D4 Dei 9it Ma) 4 1734 Aug ID., Nov •»ii Dm 3314 Ma) *4 on Preferred series B .I.No par )■ .84 preferred series C 13*8 Feb 15 77 Feb 14 7's Ma; Oct 2' 1 July 16 3'is Aug 2 ! 5 13U H ouSatoaic Ry co ,s g 50 jl5l® U Oct 31 2 11® Jan SOU Aug 354 1064 , *98 4 L F Mining S4.50 preferredi-XXu-No jar 50 Apr Dec ;43l® Jan 23 **t- pen 1174 1171® 1124 11*24 ! . 80 Jan 64 7h 4 .21 H ' *100 i) J 1952 J 1,800 "• A pr 4*4 6 14 *86 1975 Island RR— 1st At ref Term M 5sstp(l Gulf states Steel s f 4Hs--r-Gulf States UtH 3H»ser 1> — 1158, - Jan 10 106 106 U s Golf Mobile At Ohio ts ser B... 2015 ♦. Jen mtge i tc 5s ser A - - - — Gulf At Ship 834 82 110 2's Maj 26 Ma) 41, Jan 11 |797s July 28 3 0-*s Feb Mo-Kan-Tevas RR—;.A'e Ktr >1 1153.1 Jinn June II 93 1952 ctfs A ♦(•recti Bay At West del) i/♦Debentures ctfs B. ('.-I." C')rp„/-.-_ -----.-.10 144 144 Dee ■ "• >- ht 137s Feb 14 50 ar 1 Dec 54 23 84 H 97 1.N0 1 ii'sJune 6 - 45 124*2 May 95 Oct 2- 112 4 June Mil) 33 U 36 .-■"•*838 General 5 Gulf Mob A: r 86.60 preferred.; , (451® Jan 10 Apr Morris & 94 3(5 46 .....-..-1950 Great Northern ■ 1/ 200 107 23U Ma) 103 Jan 14 125 4 3/3,June Dec 12>4 1738 May N 121U 05 GtCOOR Ell'ow (J-ipa') 7s. .// With deel: ration..-- — ' J 71 26'4 Aug 18 1053, Apr 21 *381 j Mcrrell (J) & Co-.-.i.No par *33G Steel Ac Irsec 78— 1956 Goodrich (11 F) 1st 4 Lis - - —- -11)46 Gotham Silk Hos deb 5s w w. 1942 Gouv tc Oswegatehle 1st &S—tu 1947 Grays Point Term 1st gu 5s 1944 ♦Good Hope ♦fox- "Ff" Ma.i 6M Ma) 1 lift Ma} 100 13 | 11 r 96 H X 96 4 *13 ------- - J 71 6 Mar 430 ♦15 35 "l 948 i/N 6s.. i J. - — — 1949 J J w 1945 648-.-- 2,400 24 2)2 73 " 8% cum 1st oref_.i..X.luO Minn-IIoneyweH RegU .No > ur j 4% conv pref series B — -100 Mi Iu Mrill ie Power ImpL-.l 13 27,200 *39i.i 3 121 *124 ' *12"" Dratloa 21® 2'" 110 1,100 14'i 27 110'2 1104 *1094 1)0)2 5I4 57« : > 5-4 54 70i 31) *120 .1945 J 24 Feb . 28 *704 -714 3 14 2 H 69 % 28*4 May 384 19 12 4 Steel Ca-tbuw 54* w !♦ .eorglaA Ala Ry o*-- -384 *iil:'>:x. si« 4 14 7. 14 17« 2 164 15*2 15'2 154 82 814 iSl'2 83% 116)2 117' *11534 117 11934 119*., 119*4 11114 ; 10 H 2U b j♦sinking fund deb *10 year s f deb « Gen 400 264 27 107l2 108 -38)2 • 27i2May 23 6 Nov 13 - MLTCDnti lent petroleum—10 Mi:ll md Steel Prod. ;i-No ? at ; 1674 167's ♦1661s 170 7U % Am 20*2 OV J 1,500 4,700 i 16», 8U 69 26 10 2 37 Jan 15 !' 9®» Jan 6 l77s July 24 ,381® Jan 9 SOU Apr 27), 91" "1940 1,000 64 164 *38 21? *133, 6712 75 11'. s;2H . 29'< Feb H 381® *64 ;2.U "8H \f H J 950 MA' 5s. 0,500 •284 *64 El of Berg Co cons g ♦Gen Elec ( ermaoy) 7s With declaration . 271® - 29 *111 *111 24 *694 27 , / 6)s 164 -164 *26 26*2 39 ,374 21 )2 50 64 U 69 69 34*2 Mar 6'8 Jan 274 X21 '2 91)')8 43 8U 1) 1 ID4 Ma) 39t® 154 Gas & 14 Fel 53U "Eel 24'2 Ma) 2's Ma* 2 ; 5i, July 24 291.1 Sept 3 27 *4 1)7 H 42 1)9 H 00 *50 H .11)82 M .V <slt— coll trust 08-. MercliAfe Mia Trana C^.iva par Alesta Maclii ae; Cc /. j. X- - - X5 Miami Ccpper....X.I..-XX.5 .. -.. 36 H 8iU 1974 . 33*8 Oct 85.50 pref ser B w w-No par Melville Shoe *37 34 4 34 674f'67)2 104H 107 100 102U 103 *101 I. / 64 27'iMav 29 3's Feb 15 2134 Feb 15 86 preferred series A.No par . 9U Jan 10812 Dec I4-> May 85 May 82 May Mai 7U Mai 108 30 H 107 iOOH 1/ N .11143 .1959 ./ 40 90 Corp.vi-XJX,. A Me lgeLGd (The) „ Xi -»•-.. 1 6%eonv 1.8$ pref - .50 l K A .1961 ♦Certificate* of dep 'ranclaco .Sugar 1 2,500 28 -64 164 18-4 195. 54 5 1) 93g July..' 1' 82 July 15 f71 Aug "22 1 27-*4 *124 104 U J / 10 7 101)1, Jan 39*2 *65 J .1956 1,000 21) 6 64 20 dob 4s •ederal Lt At True 6s sor B - - 'ir. stone Tire At Rub 3s deb.. ♦EDGent At Peiu.lnSi.. El ,ridft East Coast' 1st 4 AH - ♦ 1st & ref 5sseries A - ---- -♦Certificates of deposit i, Eouda Johns At (.lover Hit— s» 2-4s (Proof of clat n)--.- 200 32 •') Sis Sept May 21 TO'® Mar 19 63 Nov 12 7 .274 234 34 % 34^ ' 'alrbanks Morse Mai lOU® Apr 3 Mead Corp.-Aro /at *36*2 23'K 16 H 16 H *105 "900 65 *274 *111)2 >--- *1111® 74 7;}s 1'4)« >14 r 1995 1/ lOS'sSopt 11 6 Feb 35 - "i'soo Jan 274 144 1957 1.(47 .1/ N 5 U % preferred ■;,. 1 --X--100 iCLcllari Stores C'o/i. tl5i.| Sept 18 lilO Nov 5 29.4 394 *74 2015 1954 F 12UNOV 13 274 57 H *30i2 34 193S luc-vis McKesson Alt Bobbins Apr 284 60 53 15 28., 2!) 2,200 9', 47*2 • *364 28 l" l" i U Jum Feb 31 Apr 39io 28 31 121 26 Jail Apr "11 Dee 29 294 60 31 121 H Jun< 3734 Sept 18 i . - • 11 17's Mav No par Montg Ward & Co lnc.A'o par 65U '29 U J 5 " Apr 16k, I77« 60 H 30 1957 274 164 v; |26)2 *1193.i 121 30 39 711 Feb 19 ......1 - Mclntyre Porcupine Mi.ies.-5 54 28- 106*2 106)2 ♦UMi 29 o 103 H Mm Feb Mar 105 Maj lO-'sSept 10 McGraw-Hill Pub CoLNO par 32 54 51- *2712 30 fii.s 16 84 • *i)U2 11(75 —... 83 1)2 U 1967 J/N 102U 10 93 l<)3->8 Feb 20 700 74 743, ■: 16 12-UMay 26 6%"eonv preferred.». 100 M oGraw Elec Co. 800 *714 - 32 - 27U ;2834 1 116"2 Iiet2 38 J 32 28 264 1578- -1578 36 1.(55 65 28- 24 99U 29 H li 1,500 *55 7434 *55 32 54 64 i *711® 63 • 10i2Md.\ 10S'®Sept 25 25U Jan 11 9's July 18 Jan 30*« MRJ 6 Aug 18 !14'®May McCrory Stores Con)---.-. —-.1 100 734 74 20 4'8 06'® Jun« Jan shore per 531 j 2U Mo* 5 107 6 Nov // lahe.st share $ ver Ii% copy preferred. i/ .X-10O • •1 *7)8- 74 56-*, Sept 19 27s Jan 14 28 Apr 8 Oct 21 10 S share per i Nov 18 324 7-*4 32 -324 74-4 63 ,314 3g . ■ >1164 ll 734 05 • 36 *68 U 7s • • 42 58 % 4 *73 ' 144 sia 24 40>i .- 1.(53 of 1930-. ... 1st cons M 4%h -or A w I. 1st cons M 4s ser B W1 Con mtgeInc4Haser A w 1.. ♦ErieAk Jersey 1st a 1 Cs-.--. ♦ Jeuessee ltlver 1st s f 6s.... ♦N Y & Erie RR est 1st is... ♦3s mtge 4Hh. 50 "(io"" 'mi 03 % 11)53 ♦&Ref At Impt 5s ♦Ernesto Breda "03H "5SH J of 1927..... ♦{ Rer At inipt 5 s J J ....... 137s 14-4 144 80U 23 t/ '.v 1 73 *111)34 121 1953 4 O Jen cow .73 84 1996 J ♦Oniiv 4sseries A ♦ 55 98 H 1996 J 4s 4sregistered........ 73 *24 56 00 J 1996 J registered ♦1st consol gc i Ilea it Gen oi U 6(1 *53 U . 24 " "JS* 24 ...4 10 3 U "oo" *314 74 74 i *111. •>.->. 162 102H 98 100 74 > 74 8 32*8 124 124 13 124 124 *107i2 1093.) *107)2 101)4 *107*2 101)3.1 74 - 71, 174 *64 >7 *104 105 *104 105 *104 105 31. j 20t« 2978 0t2 r 64 "*64 164 164 10'2 *26) 2 274 { *204 27-.' 1084 10Si2 1084 *104 394 384 384 ; 384 101 1)3 149 H • IflJ 10 10-104 Apr 23 91 : .'•■■■■' j*Er1e RR 1st cons K ; 100 104 *105 - - Yi *150 102 734 284 ' J 1) Auto-Lite 2 U» debs-. 1970 if K Elgin Jollet At East Ry 3US---. 1965 1 O 101 Paso A: S W 1st 5s• 1965 A O 5.( stam ped. X- - - - - • Kiec 100 M 99 H M N 1995 J 1950 J 5.Su-. 10(1 El 111 (N V) 1st co isK ' f 1®8 Nov S6 1st ium pref- v.i-tVo /'ar McCall Gorp-_X,.,:.;-/V'o far 100 Highest share net 45 i 108 H 108 *103 *93 S Par •• .... 83 preferred4.No Kir ( 1,100 ■;;284'-'-293g 1 • G 100 a 1,600 *164 24 *704 t 18 ■'. M ay tag Co.--No par S12-4 •54 '■'? 54 *111 1948 *93 10) ,314 *6'4 . 108H 16 U 24 105H 109 20 • 107 H 107. H 184 •'• • May DenurtmentSiores-l.-lO 534 14 184 104 ) Umrr-n *29 101 O *514 14 24 184 »-■ 15 X 15 ,1-4*2 151.4 •c 15 15 107*2 1071* ♦1071* 1084 *1074 1084 il7l» 18 18 181, 184 184 : 54 I 1)5H 102 J-.". 104 % . M 514 - *334 share rer Year 1940 , Lowest iJ"'i 30 A 2 *10' *734'• .8 r 331S 284 1995 J ■f 13 13 134 *107)-> 1093, *107i2 10934 ; 7u 73, 74 i.-' 74 f*104 105 f*104 105 7h 74 74 , *74 L 74 e,' 74 t *7212 .75 j *60 664 I 65 U 65 32, 314 317« t *31 17 w m va 111 !U O M 5 88 *82 S A H ■ 49 Nov. 14 8 Range for Previous Range Since Jan. 1 Lowest : 3 2a ' • O A 1U iu FA 1970 J 4 43.4... Detroit & Mae 1st lien K i 12 H 100 1 14H 14 H *49-4 51)2 (18)2 184 193 100 104 I*93 100 t ' 104 -' T04 101 iv ■51*2 12 I- ,15..:,it 15 f"1 -14'8 154 (*107U 108&8 1*107'- 10S58 *17i2 177S I 17-3.4 177« 108 U 103 H 100'. 13 U " 100 134 i t*Denv & R O W gen 6s./. Auk ! ♦Assented (subj to plan) t ♦Ref & Inapt 5s ser B..Apr 1978 1935 >t*Des M & Ft Dodge 4sctfs.— 1947 ; J»Dea Plains Val 1st ku 4H.»- -1965 iDetroit Edison-44aer E>-.» 1966 i Cen A: ref mtgo 3 4«Her | ;4flH*57Jv 105 103'.. 108 "im .1936 {♦Consol gold 4Ha...'. 171 Friday ? per share S, rer share "2 .2 '. 1014 i *184 *93 ce-id ♦107U *100. 4 U«I;... .11169 .1961) Us. - „> - I I jt$*nen&RG Istco sg4S-.. 1 55 H 103 H 109 13 *99 H 108H 101 u ; 2 S per share '; 52 *49 5112 ; 2 mtge 3s_,. .1005 Dayton Union Ry 3 Us ser B — .11(43 Del & Hudson Jst <fc ref 4s—... Del Power & Light 1st 44s. J1 .11(71 12 Nov. Nov. 11 Thursday No.K 13 EXCHANGE High D Dayton P & L 1st Wednesday Tuesday On Rasii of 100-SAnra Lots VNEW YORK STOCK I ■ STOCKS - SALE PRICES HIGH AND Since 2 o Mar 26 (50*i July 16 7 : May 12% Jan May 47 Jam 32% Apr May 55 Jan U5U May 120 21 19 47 42 j June Nov - 64% Jun Jan THE COMMERCIAL & FINANCIAL CHRONICLE 1080 Tuesday, November 18, 1941 NEW YORK STOCK RECORD NEW YORK BOND RECORD Friday LOW Monda'i Tuesday Nov. 10 Nov. 11 Nov. 12 $ per share $ per share 13 Nov. $ per share $ per share $ per share Friday the Nop. 14 Thursday Wednesday Nov. 8 ■ ; Lowest Par Shares Lowest Highest Y. STOCK EXCHANGE | ft. £5 Week Ended Nov. 14 v Week's Last Range or Sale Friday's Price Bid Railroad & Indus. Cos. (Conl.) Illinois Central RR (Concluded)— I Low 11 *10 7% 7% 2434 25*4 15 1 15*9 15 9*4 *q . !.- ' • '' ■:* 9% 914 23*o 7 24*4 23*2 32% 23 32 17 109% 154 16*2 3 17% *8% 9% 9*2 ls8 *l% 24 23% 23% 710 13% *8% 22% 14% 14 14*4 8% 1,860 23*4 152 152 3 8 7-% 238 2% 1% 1% 27 27 27 27 105 *95 105 15% 11234 11234 *13*2 13% 113 13% 15% v 1438 . 109 113 13 13% 22% 31*2 6,800 3,700 16% 16*4 500 Pacific Ltg Corp Pacific Mills.i..._ 160 Pacific Telep & Teleg Pacific Tin Consol'd Corp_..l 3 Pacific Western Oil Corp... 10 Packard Motor Car No par 7*4 7*4 2*4 2*2 35,300 17% 17% 9% 1% *95 15% 14% 14% 113 112% *109 13% 13*2 *13% 14% 112 13% Pan American 9,700 v---* 4% 15*4 10 14 3458 8 33 May 8 8 "Ma* 115 May 139 144 June 160 Apr 21 6 18% Sept 11 10 Jan 21 I 1July 29 37% 106 Feb Jan 10 Jan 11 15^8 Sept 17 113%Sept 9 14i4Sept 3 9%May 27 Joint 1st ref 5s series A Jan 1014 278 Junr 5l2 Oct 2*4 May 12 May 634 Jan ■;.''v.:'i2 May 26*2 June 99 Sept 4*4 May 64 May 6*4 May 1963 J 1st & ref 4 Ms series C-..—. .1963 ♦ilseder Steel Corp 6s.. 1948 Ind 111 & Iowa 1st g 4s..1950 t *Ind & Louisville 1st gu 4s. 1956 Ind Union Ry 3 Ms series B.... 1986 Inland Steel 1st mtge 3s ser F.. 1961 Inspiration Cons Copper 4s 1952 . Deo 438 Jan 10 60 _ Jan Interlake Iron 7*4 Jan 8*8 Nov oonv 19 *1*4 26% 138 26% 17*4 *17 *®i« 1-% 2638 *17 *17 19 1% 26% 17% 17 17 *»16 % % *13% 8% 13% 8% 13% *49% 50*9 80*8 *2*2 81%" 49*2 78*2 2% 2% 14 9 2*2 *134 1% 15*2 111 8% 1% *44% *13% 46% 15*2 1% 46 46 *13*2 22% 24% 46 46% 1% 25% 7% *23*2 45% *1*4 24*8 45*2 1% 24% 25% *6*2 7*4 53*1 28*,j *52% 28*4 53% 28% 27 *26*9 27 : 22% *23*2 25*o *6*2 53 28*4 *26% *6% 6% 638 6*4 63s 6*9 6% 6% 28 *44% *84*2 *9S4 45*4 *44% J'.' *84t2 82 82 73s 45% *2% *47 74% 45 47 14% 7 *6 68*2 6*.i *68 *110 22% 22*4 22% *23*2 24% 23% 23% 43*2 43% 43% 44 1% 43% 1% 24% 1*4 1% 1*4 400 24% 7% 24*2 25% 7*2 17,700 24 600, 900 26% 27 27 27 27 27% ser 600 27% 27*2 28*8 13,800 44 85 ...25 Philadelphia Co 6% pref 50 $6 preferred ..No par Phllco Corp 3 Philip Morris & Co Ltd.... 10 Preferred 4H% series 100 79 82 *6 *63% 44% 45% 238 *2*,| „ 6% 441.1 *2*4 44% 2% *48 ' *64 44% 2% 51 16% *46 118 *100 118 5 36 6% 74*2 *100 5*4 J 5 5 16 5 34 700 110*8 *109 zl6 47% 16% 150 9% 79 *63% 74*2 84*2 9% *100 *4% 33 34 33*2 *34 6% 69% 68 6*4 6 6 *6 6812 68 68 *68 6% 80 1,600 110% ...... 74*2 . . 45 6,300 100 2% 6s .July 1952 118 ^ 36 47 Jan 87*2 Deo 14*4 Nov 97*8 May Dec May 2 15 Oct 22 t 30 100 Apr July 15 IO934 Oct 734 Jan 4184 4 9254 9254 4 7654 95 9854 4554. 99 M 16 83 M 9954 47 M 143 30 M 50 48 M 51 124 3254 53 1 11 54 28 5154 71 10054 102 54 105 17 10154 10554 46 h 49 M 1 1 154 D J 49 M 4954 48 M 58M 98M 98 M 9854 9554 9954 6% .. *89 0 -..... 42 X 63 J 88 9554 43 M 42 32 54 32 4 9 54 48 M 625-4 69 66 75M 6254 6754 10954 68M J 90 4154 42 A 109 M 63*4 6854 10954 10754 109M 18K MA' ♦6M *6M 10 *11054 10954 110M 3054 3054 77M 82M 88 9254 8154 86 ... *3154 8254 40 8254 *89 82 M 92 *82 0 *170 J ./ -1954 J 1961 M H Koppers Co 1st mtge 3Ms Kresge Foundation 3% notea..l950 M 8 f*Kreuger & Toll 5s ctfs..—..1959 M 8 107 54 106M 10354 *154 103 M 161 ... 10754 106 M 18H .... 107 170 10654 10854 10654 10854 104 M 107M 10254 10554 10354 154 -- 4 Jan Feb 60 Feb 287s Apr § ♦Laclede Gas Lt ref & ext 5s. 1939 1942 97 M 9754 9754 6 82 M 99 H 7U Nov Coll <fe ref 5Ms series C.....1953 82 M 82 84 65 82 '■ 8154 8354 32 56 X 57 M 89 46% Deo 97s Nov Coll & ref 5Ms series D.....1960 Coll tr 6s series A.......... 1942 7654 8354 77 13 49 79 85*4 85 20 50 89% 82 9414 87 H 83 95 33M 7954 Ref & ext mtge 5s 2 2 2 3*2 May May 5*4 May Jan 30 0484 May 84 93 : Deo 9 834 Jan Oct 29 A 0 1st & ref 6 Ms.... Apr 49 Jan 46*2 Jan 22 73 103M 10454 28 103 10 23% Jan 11 534May 27 G7 No par 312 July 29 52 June 10 10934 Oct 414 Apr 22 100 $5 conv preferred 734 3*8 May 27*8 May 2%May 30 May 22 May *38% Feb 14 3154 1007i« 104 M O 4s. 1936 g 4Ms unguaranteed......... 1961 Kings County El L & P 6s. 1997 A Kings Co Lighting 1st 5s 1954 J 110% July 30 July 31 J Kentucky Central gold 4s.....1987 Kentucky & Ind Term 4Ms..-1961 Stamped.............. 1961 Plain................... ..1961 10*8 Feb Jun< Laugblln Steel 3Ms.. .1961 J Karstadt-(Rudolph) Inc— *Ctfs w w strap (par $645)..1943 *Ctfs w w strap (par $925).. 1943 *Ctfs with warr (par $925)..1943 Apr 87S Nov 37*4 May 46 25 Nov 91 3584 Feb 20 .....5 ...1955 F Kan City Sou 1st gold 3s .1950 4 Ref & irapt 5s.........Apr 1950 J Kansas City Term 1st 4s 1960 ./ Nov 43 24 No par Pitts Coke & Iron Corp.No par 20 23 May July 29 18 K Jan 7 1854 8 100'u A t§*K C Ft 8 A M Ry ref ♦Certificates of de posit 257a" Nov 40*2 Aug . iU 8M 103% 104^ 1972 M N .... Kanawha A Mich 1st gu g 4s.. 1990 .4 Jan 2 9 S Cent Ry 1st & ref 4s.. 1951 \1 S Feb 584 Dee 6'8 May 25*2 June Mar 28 5 Deo Apr 30 6% preferred 500 6*8 68 4 46*4 16% Deo 68 54 : 15 15 Jan 29*4 77 Pittsburgh Coal of Pa 400 4% 40*4 897s Sept, 17 16 15 2338 Nov 23a Mar Apr 4 15 19 8 32 29 M 100'% f 08 series A......... 1955 M Debentures 5s t*Iowa Apr 13*4 484 May 51'jMay 23 Pitts C C & St L RR Co... 100 ^ "5OO 5 105 Feb Jau 11% 97 M 103 28 15 1st lien & ref 6 Ms..... 1947 F Int Telep & Teleg deb g 4Ms.. 1952 J 15 July 21 154 15 Int Rys Cent Amer 1st 5s B 4i2 70 7234 Feb IH Nov 2% Nov May May 12)2 Jan 10 ; f6M 78 1654 28M 10654 10854 10254 107 M 98 101M 11 "16 15M ser A.. Internat Hydro El deb 6s...... 1944 s 26 M 106 M 3 §»Int Merc Marines f 6s1941 Internat Paper 5s ser A & B.._. 1947 Ref 25 ♦108M 106 M 27 Jan 47% July 14 Feb 20 O *lst 5s series B............ 1956 ♦1st g 5s series C iJ 1956 17*4 May 11*2 May 8 May 10 3578 Jan A •" k 101 M ; 5i2 May 2734 Oct 738 Apr 77S Jan 23 8l2May 17 No par Pilisbury Flour Mills 1,300 16*8 79 Preferred..............100 20 51 Jan 21 106 10254 17 1M June 1*2 June ...100 Phillips Jones Corp 7% preferred... Phillips Petroleum Phoenix Hosiery 200 6% 38 25%May 40!2 Feb 18 Phelps-Dodge Corn 200 45 84*2 80 *6*4 7*2 *43 9% 9*2 603* July z5% Apr 17 6 May 19 O 69 H 101 54 ♦Adjustment 44*2 *15" "May 4 15 21 Pfeiffer Brewing Co...No par 44 9% 2,300 6*2 25 .4 J Jones A 20 U Feb 14 5 6% *6% J J M S J James Frankl A Clear 1st 4s. .1959 J 23 July 12 M 90*2 May Aug 22 634 Oct 17 3754 15 June Sept 18 238 Aug 30% July 11 ll%May 6 22 40 M 40 71 54 U 4454 3854 18 934 June Feb 14 42 M 39 M A Ills Deo l*2 May 11% May Mar Apr 43 VA D 101 ; 99 v: 1% May 2 51 48 33 7) 12*8 Mar 103s May 62*2 Jan 25 July 30 lUNov 13 No par Petroleum Corp of Amer 6% 6% *109% 110% *109 7% 74*2 4538 Pet Milk Co 500 6*2 Jan 60 F Dec Aug 20 65 65 16 1 53s May July 16 57 102 45*2 Apr 1053s Deo 1078 Deo 5*4 June 5234 17U 112% 25U 3634 Jan Co....100 5% prior preferred.... .100 5% preferred 100 210 I 3% Jan 30 i 5954 65 J 43 334 Aug 20 High *53 M 1947 10 May No. Low 95 A..... 1952 25*4 Apr 34 May 42% Feb 15 Peoples Drug Stores Inc.. ...5 Peoples G L & C C (Chic) .100 *84 43 21 4 Jan 14% Sept 24 10% July 28 54% Sept 3 89i4Sept 4 213$ Oct 17 50 27% 84*2 80 100 6-% 28 43 9% 12 109 6% 6% 6*2 84 Day ■ J No rktr tPeoria & Eastern Ry Co.. 100 Pepsi-Cola Co 430 j 1 l%Nov 14 3412 Apr 23 Cement ...No par pref ser A...No par Pere Marquette Ry 27 6*2 *6% conv Pennsylvania RR 14,400 Closed— 6% S7 5% preferred...... 23 Armistice 118 *68 *110 Penn-Dixie Penn G1 Sand Corp 52*2 27% *100 36 300 ■. *6*8 52% 16% 38% 2,100 14% 27% 47% *3584 1*2 44% *13 1 6 _ 418 Mar 138 May 29*4 Dec 13*2 May 7 20% Jan 7434 Feb 20 1% Feb 15 52 16 514 Penney (J C) Co......No par Pean CoalA Coke Corp....10 28*2 2% 47% 5% 200 52 16 *5*4 3,100 2% 28*2 *47 118 78% *2*8 1% 1% *13 16% *2*4 No par 1*2 2*2 *44*4 45*4 2*2 47% 16% *100 *6*4 *63*4 Penick & Ford.. 28% *109*2 110*2 *109*2 110*2 *6*4 *63*4 Patlno Mines & Enterprises. 10 1,100 78 80 *2% 1% *6% 82 ' Pathe Film Corp 1,400 8% 51 10 82 7,100 50 2% 24 14') 8% 51% 14% 15 Jan 2 i2 Oct 14 7%May 638 Apr 21 43U Mar 4 14% 8% 80% 22% ParmeleeTransports..No par Oct 30 30% Jan 10 Oot 16 300 49*4 8% 49*4 78*2 *110 16 2.50 200 17 9i« 8% 14 D4N0V 13 25*4May29 No var % *16% *®16 14 Parke Davis & Co Parker Rust Proof Co % % 50 1 Park Utah Consol Mines 1434 Apr 44% 17 *16% 1,700 2,400 1*4 28 Exchange 86 *9% 10% 27 18 9 1 Park & Tllford Inc 272 73g 52% Stock 45*4 86 27% 1% 26% 46% 14% 22% *23*2 43*2 *1% 23% 28 28 18 1% 26% 1% 26% 18 1% *13% *110 23% 19 *44*4 v'.v';'- 2284 *U4 *17 1% 26*2 1% 51% 81% 2*2 51*4 81*2 19 26% % *1334 *834 *110 *17 _ deb 4s t ♦ 1 nt-Grt Nor 1st 6s . *17 High 111 Cent and Chic St L A N O— Mar V 934 Aug 338 Jan 9512 Feb 14 100 10 6% 1st preferred 6% 2d preferred 800 2,300 May 33g May 934 May 25*4 May Aug 15 . 2634 Nov 13 99 May 31 No var preferred......100 Paramount Pictures Inc..... 1 21,400 > 13% conv 8 Apr Jau Feb Jan Apr Apr Jan 27 163 8 Mar 7% Jan i2 Feb 15 Panhandle Prod & Ref......l Paraffine Cos Inc 500 105 112 10 Airways Corp.5 634 2334 12*2 May Jan 126 2t,i Nov Pan-Amer Petrol & Transp.-S - 1,000 26% 147% Apr 10*8 2 1934 Aug 5i2 Feb 18 6% preferred..... HO 800 105 40 Nov 12 2,700 4>4 June 12%Sept 15 734 nov 7 2514n0v 8 ;15t2 Nov 8 IU4 Jan 28 28% Jan 24 Feb 19 108 3 1% 26% 26% *95 : Nov 12 11 100 100 3 *8% *1% 26% 31 No par No var 7*2 *9 *95 Pacific Finance Corp (Cal).lO 2% 17 9*2 ..No par 700 31 17% 9*2 17% 2d preferred.. 7% Apr 9 1% Apr 23 10 May 4U Apr 17 8% Nov 12 22%June Pacific Gas & Electric.... .25 3 v 71,1 108*2 108*2 *152 154 3 28 15 8% 22*2 22% 31% 16% *16 108 105 15 9 31 31*2 16% *8% 1*4 1*2 Pacific Coast Co.i..P. 10 1st preferred........ No par 23*4 9 *106 17 Pacific Amer Fisheries Inc.. .5 23% 14% 7 7% 108 2% 1.100 2,620 11 7 *712 ::'vj *10% 10% 7 3 3% 7% 2% 17% 7% 2l4 10% 10% 151% 153 108% 109*2 18 *27% *95 31 108 *151*4 154 3*4 7*2 23g *3*8 7*4 2*4 17*2 *834 1% 10% 6*2 17 *150 • 22*2 13% 8% 22% 23% 32% 17-% 3278 *17 *108 : j- 10% 7% 25*4 15*2 10% Jan. 1 *56 M ... • Since "c I Springfield Dlv 1st g 3Ms... 1951 J J Western Lines 1st g 4s 1951 F A 4s registered..... 1951 , ." Range <s Asked & Highest $ per share $ per share $ per share $ per share £■8 BONDS - N. EXCHANGE Week $ per share Range for Precious Year 1940 On Basis of 100'Share Lots NEW YORK STOCK for J vi Saturday Range Since Jan. 1 J. STOCKS Sales SALE PRICES AND HIGH *93 54 Coll tr fls series B...1942 Deo 99 94 101 89 Lake Erie & Western RR— *9 ■ *162 434 *5*4 *53 30 9 9 *162 174 9l2 174 9*4 *162 *175 *172 , 4% 6 56 *53 1*4 16% 18% 5% 12% 7% 30 56% *1 16 57 9 *116*2 *18 15 *17% 5*2 12 7% *7% *26*2 56% 4% 4% 5% 5*4 5*9 " 29*2 30 60*2 60*2 280 10% *9% 10*2 200 *165 1*4 1'S 15% 16 18% v;. 5% *17*» 4% 11% 12% 7;- 7% 1% *1 1% 16% 16 *1 16 18 18 15% *18 5 5 5 11% 7-% 11% 12% 6% 7*4 9 *7 9 30 26 26 5 9 *7*4 12 i 25 25 7% *7% (*25% 1*4 16 18*2 1,800 Pressed Steel Car Co Inc 15% 15 15*4 88% 15% 15 15*4 86*2 15% 86*2 15 88 187*2 87% 86% 87 99 99 98 98 a:97% 98% 97 97*2 *109 112 112 112 110% 111 xl25% 125% 125% 125% *127*2 129 *113% 115% *113% 115% *113% 115% 22 22% 23 21% 22*4 22% 10 10 10% 103g 10*4 10% 103*2 103*2 *103*2 104% 104% 104% 94 95 11% 12 vwvk y. «. 6,400 • Procter A Gamble. 25 16,700 115 Pub Serv Corp of N J. .No par. 900 1,300 700 110 Pullman Inc 13,100 Pure Oil (The) 200 *93% 94*2 900 11% X10% 11*8 2,800 21 ■ :61%Bept 15 Nov 110 Nov No par 7 a:94 June 100 128 137 4 120 June 145 May 165 118 Jan 11 Feb 14 Nov 3 104% Nov 14 9514 Aug 8 84 12*2 Oct 24 Mar 9 s A f 5s ........1974 F A ........1974 Leh Val Harbor Term gu 5s. ..1954 F A Lehigh Valley N Y 4 Ms ext...1950 J J Lehigh Valley RR— V, 4s stamped modified 2003 ,1/N 4s registered2003 5sstamped ... 4Mb stamped modified 2003 .1/ N ^_...-2003 4Mb registered 5s stam ped modified....... 2003 M N .1951 A 0 1965 A O Leh Val Term Ry ext 5». Lex & East 1st 50-yr 5s gu 32% Jan 11*2 May 97% May 73% May Ltbby McNeil & Llbby 4s 1955 J J 89 June Liggett A Myers Tobacco 7s... 1944 A 5s debenture 15% Feb June 75 Loew's Inc 10% 11% *10% 11-% *10% 11*2 *10% 11% 700 8% Apr Quaker State Oil Ref Corp.. 10 1234 July 16 1 15*2 914 Sept 1951 F A ....... 1952 s f deb 3Ms 4 .1946 F ♦Lombard Elec 7sseries A. Feb 1952 J ♦Long Dock Co 3Ms ext to....1950 A .-i'yy Long Island unified 4s... .' , 3*4 55*2 2% *45*2 *17% 12% 2% 48% 18*2 12% *26 26*4 14 *25% 22 3% 3*4 338 55*2 55*8 2% *45*4 18% 55% 2% 3*8 14 *26% *13% 26*4 *26 18*4 12*4 27% 13% 26*4 22 *22 22% 12% 48 12% 26*2 13 *25% v. 22 R Guar ref gold 4s 4s stamped. 3*« 3 3*8 33.400 54% 2% 54 55% 2,100 2% *46% 2*2 1,800 46 4734 100 19 19 19 500 Xl2% 12% 26% 26% 13% 12% 26% 26% 600 13% 13% 13% 1,000 25% 26 26 26'.i 400 4% 1st preferred..... 22 55 23g *45*2 18*2 48 3 3*4 55 22 *21% 22*4 300 2-% 2% 46 18*2 12% 26*2 13% 26% 22 3 4% 2d preferred........ 50 54*2 *18% 12% 2,900 Radio Corp of Amer...No par S3.50 Nov 13 478 Jan 4 4*4 May 9 12 14 17 2 8 14 8 62*2 Jan 2 48*2 May 2*8 Nov 69 34 47i2June Radio-Keith-Orpheum...... 1 238 Nov 38i2Mar 6% conv preferred 100 Raybestos Manhattan.No par Rayonter Luc 1 1714 Oct 11 May " preferred.... 23 '4 ...25 Jan 12% Feb 2314 Jan Reading Company........50 50 21 Lorill^rd (P) Co deb 43*2 Deo 1st pref..No par conv Jan 1 334 Jan 2 55*2 Oct 1 21*4 July 25 7*4 Apr 27 24 7 17 23 Jan 13 A. .1969 J *2 2*9 44 13 *12 13 *12 13 10*8 10*4 10 10*8 61*9 10% *61% 62 61 61 *60% 62 47*2 *46 47% 45*2 13g 46 *45*4 47*2 1% 1% 16% 17% 11*2 *46 13g 9 1*2 17*8 17% *100% 100*2 *7o'« 6% 20 *120 *69% \ 11*4 88 *5*2 *2 '413g *10% *8*2 *12 s. *2 2% 38% 11*2 8% *10*4 *8*2 10% 61*2 j 38% *10% *8% 41 82 6% 20 123 70% 11% 88 5% 1*2 1*2 17 17% 100% 1003s *78*2 ey 22 16% 79 6% 22% 20% 122 71 71 11% 88 5% ' 11% 8h 1*2 17 i 100% 100% 80*2 6% 122 2% 121 71% 11 11% 88 79 6% *9% 8*2 26% 26 51 51 51 10 % 10*% 10*2 3% *7*4 8 10*4 *7% 10% 6% *3*2 18l2 3% *3*9 *11 *43 **4 18*2 11% " 44 *2 18% 8 3*2 *18% 10% 19 11 11 *43 44 *% 43 % For footnotes see page *% 1082. 45 1% 17% 2*4 21 *20 123 27 H May 2003 .4 Oot 1st & ref 4 Ms series C...... 2003 .4 O Jau 1st & ref 48 series D.. 10*4 62 11 70% 11 10% 26% 51 25% *49 10% 8 10% *7 3*2 3% : 88 5% 5 r •_ "5^566 300 45% 80 1*4 7,400 17% 45 .No par 16,200 81 6% 21 124*2 70*2 70% 10% 11, 88% eusselaer A Sara RR Co.. 100 . Reliance Mfg Co.. 88 5*8 2,600 69 2 May 24% 105*4 97% 14% 30*4 Nov Sept Deo Jan Apr, 117 Nov 70% May 6% Nov 13 17 May 6 97 Apr 21 Copper A Brass.....5 ill .Jan ,3 124 Jan. 2 Reynolds Metals Co.—No par 10 5M% ooav preferred... .100 Reynolds Spring 1 81%May ... • 00 5 Apr 17 Feb 15 0 Nov 12 May 7% May 17*2 July June 70 129 Sept 24 i80%Sept-24 ! 153s July 28 {95 July >1 110% Jan 0 89 - May 8*8 May 757| Mar 6% May . <- '26*8 51 25% 8 3% 10% *7 3% 26% 51 10*4 2*% Nov 18,900 40 Common........ i_;.... 10 3,500 8 *18% 19% 18% 18% 900 xl0% 10% 44 *10% 42% 10% 42*4 % 900 *42 *14 40 $2.50 oonv preferred.No par 6 Oct 27 7% Feb Apr 3% Nov 1434May v 9»4 Feb 42% Nov '8 j, 3*2 "v.ioo 19 % 50 14 15 7 1 15 14 »ir Oct 18 134*4 Jan 7 : ! : 53*2 Jan 12*8 Aug 9% Jan 534 Jan 20%Sept 13 26 27 16 15 H84 Aug 22 4884 Jan 14 1 Aug 2 ? May 57# May 1654 3454 31M 152 1454 28 M 28 3054 1754 28 20 33 31'4 5054 33 U 19M 51M 52 h 3654 33J< 39 4854 5854 115 115 106 10054 104 M 10754 11654 126 % i . 115 106 117 11654 123 12054 124 131 102 54 95 103 12654 •10154 120 '105 102 M 15 102 M 102 53 15 15 103 M 10214 105 15 3054 10354 9854 9454 99 M 9454 99M 11754 12254 103 54 10354 93 *96 9554 "97~~ 9654 96 M 90 % 11754 *117 125 54 82 M 126 M 83 123 128 81 88 111 8254 *110 106M 11054 *108 J01 95 M J .1980 M & , 74%, Dec 157« Manlla.RR (South Lines) 49.^^.1959 Febr "84M Marion Steain Shovel a t 6s 9% Nov 7% Jan 48*1 Nov % Dec 1% Feb 12 Feb 22% Apr 15*2 Nov 10014 10554 10454 106 >4 9654 9154 10454 10654 8454 88 84 54 110 M 87 M 10854 112 8354 90 108M 111 111-- *5 101 103 10554 10554 10954 106 *108M 87 M 86M *11054 . 81 49 M 43 M , '... 73M McCrory Stores deb 3M~—~ 1955 A 0 McKesson & Robblns 3ms-.-.1956 J J Mead Corp 1st mtge 4Mb...1955 MS Metrop Ed 1st 4 Ms series D.J. 1968 M S Metrop Wat Sew & D 5Ms. ...1950 .4 O Ji»Met W Side El (Chic) 4s1938 For footnotes see page 1083. FA 89 70 *32M {Stamped mod) ext 5s- -----1945 Q A 73 H *10554 10454 106 M 109 M 10954 78 ' 48 , 28 18 • 82 . 5354 47M 81*54 8754 ,44 ,70 • 25 36 54 9854 99 " 88 M 97 M 97 *69' 74M 12 51-54 v-22 44 M *97 «7M - 81 j. *56 V J .:. .1947 .4.0 .. . . 49M 43 M *76 Stamped.... ...i........ § ♦Market 8t Ry 7s ser A Apr 1940 Q A May A% May 3% Aug 11*2 May 12%Deo 45% Oct 104 84 54 MN |j#Mao G B & N W 1st 3Ms.. 1941 j 96*4 Apr >117# Nov Oct 101 54 M Maine Central RR 4sser A....1945 i Gen mtge 4 Ms series A....-I960 D Manatl Sugar 4s 8 L ..'_Feb"i 1957 M.N .Manila Elec RR & Lt s f 5s..^1953 MB 56 107M 10954 100 54 95 106 M 106 104 M J -South Ry joint monon 4s 1952 J J Atl Knox & Cine Dlv 4s. ...1955 1/ N ♦Lower Aust Hydro El 6Ms... 1944 F A Jau 44 52 - 28 M 29 M AO *49 10*4 O Mob&Montg 1st g4M8....1945 M ,S Apr 60 160 11*8 **4 May May 14 6 - St Louis Div 2d gold 3s 8*4 Nov 13*8 Feb 10% Jan 63*4 D«0 .. 43 % :22% Jan Feb 4% May JanJ3 2,400 1,600 Paducah & Mem Di v 4s... i 1946 F (97 120 160 Jan 101% Feb .10 Class A..... i,. 10 7% preferred.......:.. 100 5%% preferred. 100 1,000 13 Nov 12 25% A Junr 1634 Feb 14 AuglO 79 53 •'« 94 54 0% May 8 Aug 1 50^4 43 66 8354 0 50 43 10 67 6 for i 89 July 16 *37*4 June 16 49 86 Sept 16 j 2 July 30 90 6% conv preferred 100 6% copv prior pref ser A. 100 Revere : 45 M 95 9'2 12*2 10*4 67*4 161 Nov 14 33. 89J4 Mar s4 Apr 10 1 Reo Motors v tc.. 32 12 86 55 0 10 60 H 47 ; 89 Dec 1% May 7 Mar 10 Jan 23 Apr 7 60 * 60 0 25 Jan 61 35M O 14 ; 35 15 2003 A Nov 14 17 J 73M 12 2854 0 1st & ref 5s series B 45 7i2 Apr 21 57%May 23 Reliable Stores Corp. *121 70*2 emi ugton-Raud 1 Preferred with warrants..25 Reis (Robt) A Co 1st pref. .100 100 180 123 *10 520 8% Preferred O 61 M 6754 37M Louisville & Nashville RR— 3Ms series E .2003 A Unit mtge 3Msser A ext....1950 J Unif mtge 4s ser B ext...... 1960 J •'238 Sept 1% Apr 9 22% Mar 12 7 Apr 22 6*8 Mar 26 9i2 Apr 30 5 .100 11 13 300 6*2 Real Slik Hosiery 270 *77 *20 72 200 45 100% 100% 21 5 *7 *60*8 6*2 *87 10% 10 123 5*2 25% *8*4 *12 100% 100% 79% 80*2 88% *49 10 8*2 10 5 26% 51 44 13 r 26 2% 44% 10*2 *12 *87 5% 2% 2% 44 A 60 100 3654 3 48 M * 45M Lou& Jeff Bridge Co gu 4s. ...1945 M S 1st & ref *39 80 68 60 ' O h 76 M 23 2784 Aug 12 18% July 28 67 M 60 .... 60 Louisville Gas & Elec 3Ms....1966 M S Apr 29*8 May 37% May 17*2 Apr 4 18'2 July 25 1944 A ser 9854 36 "67% "io 67% M ...1961 F A Louisiana & Ark 1st 5s 3% Deo June 93 M 50 60 6i 1949 .If 8 ... "2 67 M *98 ""67M 1949 M 8 7s 11 2554 6254 6054 75 H 84% 65% 05 M .1949 M 8 5s debenture Apr 15*2 May 13% May 24 May 97a May 1984 June 2938 Aug 91M 74 H 94% 74 M Little Miami gen 4s ser A.....1962 MN 11% 18 ♦72 0 May Lion Oil Ref conv deb 4 Ms *10% 33' 68 ........1964 F A ...'...1964 5s stamped 1st & ref Jan 9 Jan 11 12 32 M .......1954 1st & ret n 15s : Apr 114*2 Oot 107$ May 0*4 Oct 5s stamped... Apr Mar 143 1st & ref sf 5s............1954 F 43% Apr 115% Jan 1107a May 83»4 Feb 16 9%May 2 No par May 53 9 Lehigh & New Eng RR 4s A-.1965 A 0 Lehigh & N Y 1st gu g 4s.....1945 M & Lehigh Valley Coal Co— 5s stamped ...1944 Apr July 158*4-.Feb 11 117*2 Oct 2 29*4 July 22 6 1141s July 17 2D2Nov 12 ..No par Nov Deo ♦1st mtge Income reg.. 1975 Dec Lehigh Coal & Nav s f 4Ms A.. 1954 J J Cons sink fund 4Ms ser C..1954 J J 123*2 Jan 15 110 " Nov 12 I2314N0V 4>4 Oct 0i2May 6% May 21 12 87 Lautaro Nitrate Co Ltd— 28% Dee May " July 24 29t2 Jan 97 Feb May Jan 5*2 May 40% Jam 2 120 June 14 Jan Dee 41% 73% 16*4 161*2 12*4 8% Jan 10 13% Oct 2 13% Jan 6 91M 86 33 95 M 9054 11 11212 May 2 *94 54 87 67 1*4 Mar 22% Feb 20*2 Dec 12% Jan 8 July 147S Jan 1434 Jan 45*4 Nov 71% Apr 118% Jan % 15 July 28 Jan Oot 8% Jan 151*2 July \ 13% Jan 6 86% Nov 12 0% preferred .100 5% conv preferred..... 100 Purity Bakeries • Nov 13 _.10Q 100 ...100 Pub Ser El A Gas pf $5.No par "7,606 17 178 May Ma. 7 134 July 25 No par $5 preferred.... 6% preferred... 7% preferred... 8% preferred. 19 Mar 31 21 i 50>sMay No par 5% pf (ser of Feb 1'29) .100 8 164 June 9% Apr 5% coriv 1st pref.......'..5 5% conv 2d pref........50 30 94 93*2 11% ' "260 1 7 75% Jan 8 15 July 15 Mar 31 154 June 4*j May 5 May 10*4 May 10 May 6 43>4 Jan 4% Nov 12 434 Feb 14 6% Nov 18 No par 107 Jan 103g Nov May 13*2 Nov May 154 9% Jan 10 65 14«4 Apr 21 16 Postal Teleg Inc pref..No par 97 110% *110*2 114 .....5 5,600 9 : »i»May No par Plymouth Oil Co.. 164 Pond Creek Pocahontas No par 300 7% 87 110 Pittston Co (The) 100 2,200 12% *96 126 *125*2 128*2 126 *113% 115% *113% 115% 22*2 22% 22% 22% 10*4 10-3s 10% 10*2 *102 103*2 *102% 104 95 94% 94% 94% *12 12 12% 12% 100 Poor & Co class B 29 f 7 <8 Jan 9% Feb 19 100 1,500 5 *86 15 Pittsburgh & West Va Pit YoungsAsht Ry 7% pf. 54% 55% ■54%, 55*1 55% 56*i 117 117 ' 117 116% 116*2 *116 56% *116*9 118 280 *165 18 434 Apr 26 Pitts Screw & Bolt.....Aro par 5I4N0V 14 28% *165 6 Feb 45U Feb 14 27 May 1 51 Oct 16 58% ..... 8 Oct 181 Nov 7% pref class B........100 5% pref class A 100 5)4% 1st ser conv pr pf. 100 *9% 53 Jan 166 Mar 9 Pittsburgh Steel Co...No par 28*2 53 15 Aug 19 174 .100 300 58% *50 . 60 ; 10*4 53 54 "2,466 4% 29 10% *1 7% preferred 3 163 Pittsburgh Forgings Co 1 Pitts Ft Way & Chic Ry Co 100 700 9*4 174 *175 60 29% 60*2 10% 16*4 *17% *5% 12*2 7% *7% *26*2 9 *162 - 58% *9% 60 10% *165 - 28% 3038 60*2 .... 9% 174 53 10% *165 *9 *162 178*2 *175 4% 4% :, 484 5*2 *5% 5*2 54 60*2 29% 9*4 174 *172 178% 4% 4% 6 *53s 5s extended at 3% to ...1947 Lake Sh & Mich Sou g 3Ms...1997 3 Ms registered 1997 86 98 80 74J4 85 74 73 79?4 105 104J4 10554- 103 105 106 M 10554 107 M 110 10954 112J4 78 78 5 5 54 354 80 654 NEW YORK STOCK RECORD NEW YORK BOND RECORD Friday BONDS STOCK EXCHANGE N. Y. ' Week Ended Nov, 14 fcl K t TPe«Jt's Last Range or Sale Friday's 2> Sales Range Since Jan. 1 NEW YORK STOCK On Basis of 100-Share Lots the SALE PRICES LOW AND HIGH STOCKS for Range EXCHANGE Since Jan. 1 Price Railroad & Indus. Cos. ♦Ming Mill Much 1st sa. Thursday •' 1 Friday Low (Cont.) 1956 J D No. Low High Saturday Tuesday Wednesday Nov. 10 Nov. 11 Nov. 12 Nov. 13 Nov. 14 Week I per share $ per share $ per share % per share $ per share $ per share Shares Range for Previous Ysar 1940 Lev'ti Lomst Highest $ per share S per share 30 67 Par I pei S Hiohesi -j High 30 8 f 7s.... Monday Nov. 8 • 1081 THE COMMERCIAL & FINANCIAL CHRONICLE Number 4008 154 Volume are $ Share per 70 Michigan Central— 3%a...*..1951 Jack Lans & Sag 1st gold 3^8. Ref & impt 4 — .1952 Ms series C ——1979 M *64 5 75 MN 96) 96j J 62 62 J 2 93 99 % 12 58 70^ 107M 15 103. 35 % 60 24 17 5 3211 32% 32% ... {5*MId of N J let ext 5s...... {§*Mll&Xo 1st ext4K8..... ♦{Con ext 4J4S-.v-_...i... t*Mll SparA N W 1st gtl 4s.. {«*Milw A State Line 1st 3%a. {♦Minn A St Louis 5s ctfs...'.; 1963 M S 1940 A D 1939 J D 107 O 1939 J 107 M 2 *60 35 35 23 1947 M S 1941 ./ M "8M ♦1st A ref gold 4s.......... 1949 M S 1962 Q F ♦Ref A ext 50-yr 5s ser *1% { §*M PtP ASS M con g 4s lnt gu *3S J J J ..1938 5s {♦1st cotie 5s gu as to int.;..1938 J ♦1st A ref 68 series A_ ..1946 J J '-2M 2M 10% J cons 13 ■ ii" ; 10% All 10 M 10M 10M 11 K ' 42 20 M .17 K S 62 62 30 H- 33 M 19% % 16% 17 17 9H; *8912 % ♦% Sl« f 14 ♦1st A ref 5 Mis series B 1978 J 3 J J Mo Kan A Tex 1st gold 4s....1990 J D {♦Mo-111 RR 1st 5s series A...1959 .—. t 32 66% 77% 24% 92% 40% 7 7 *10i2 11% 10% 10% 59 57 57 95 1% *4% 150 4% 42% Dd - 2,300 Lead 5% preferred 1.180 183, 19 6,900 Savage Arms Corp......;..5 16% 16% 16-34 1634 8,700 Scheoley Distillers Corp..; 91% 36% 300 108 91% 90% *36% *90% 37 *110 36% 115 *114% ■« J'i' % % 14% *%. 14% 14% *2% 3 *2% 3 113 June 19 90 June 23 79 $4preferred 108 % 100 1 No par No par 4-2% preferred......... 100 12% Mar Seagrave Corp.......-No par Sears Roebuck A Co...No par 65 65% 8,800 6«, 6,500 10 10 500 56', 210 $5 conv preferred...No par 8,200 1% Apr 29 Sharon Steel Corp .....No par 56 Servcl Inc Nov 13 6% Nov 14 1 9% Nov 13 Nov 14 56 5 Jan May 434 May 53 Mar 111% Deo 7%~Ma> 1434 Mar 94%Sept 11 39%8ept 26 115% Mar 27 112 July 15 64% Jul) 34 Ma) 107% Jum 115% Jan 101% Jum 111% Dec 3 % Ma) % Jan 31 28 7 2 21 22 713., Jan 17 Ma) 20 1% Sept 61% Ma) 8% Jum 88 Apr 16% Jan 8% Ma) 61% Aug 16% Nov 73% Nov % Jan % Jan 20 Seaboard Oil Co of Del.No par 200 65 6% Feb 14 2,400 2 5 Sept 18 17%Sept 5 % Jan {Seaboard Air Line May % 23 33%June 12 No par 56% 9% *56 Nov 13 8% Apr 15 65% 6'% 0l2 63, 57 I.">ec May Maj !09%June 2,300 % 13«4 65 3 34 $4.50 preferred......No par -.... Jan Apr 29 50 *110 Jan Sept 18 12% June 100 5M% preferred... Scott Paper Co % 7,1 % Apr 15 6 Jan 42 Oct 8 70 115 i8 % % 66% 6% 9% 900 — Junr >u Dei- 47 108 100 108% 18-% 108 26 3934 July 16 % Feb 8 % Jan 1% July 17 4 July 17 35 Apr 19 No rar Safeway Stores... 18 108 % 97» %s Jan 42% 3- 63, 28%May 6% preferred... 100 {St Louib Southwestern...100 5% preferred... .100 1% 14 56% ■■ •» m ...10 {St Louis-San Francisco...100 1,200 6% % 65% 66% 7 6% m *2% % ,v 69% 66% ' St Joseph 2,000 Ss» 42% 115 14 *% *2% 66% 53 > 4,200 'if : * % *4% 41% 37% % *% 13% 2 %6 ' 31% 31 32 •■•' 1-% . 6'" *115 *1098, 2 ./ 2% 43% 37 ; r'. 3I6 * 14 2% 2% *v- 110% 111 Id 14 V-'1'? ' V'V.\ 115 *57 - ' 108% 109 18% 17% 16% 17% 91% 19% 38 37% 115 % *1% *4% i .■•■ 31% h« *.... 41% i 19 17% 91% ♦89% 38 38 2 % 109 *11312 115 *109% 110% % 2% 18% 13K 3% 8% 1% 6 M ' *25-year o^s.............1949 109% 19 321, %6 6% 44 109% 43% 109 8K 13% 7K-13K 7 3iM 3K J 2 43% WH 3 2 6% IK IK *15,, »418 43% 16 ' % *1% *4% 36 25 J 1934 M N §♦ 1st 107^ 28 K 52 ■ 59IA 66 fe. 26^ 37 % 15 20M 3I84 32% 'l« Michigan Consol Gas 4s 84 July 17 July 33, July 7834 Jan 10% Jan 1434 July 88 Oei % 11 Dec Jan 49 Jan 1% Jan 2% Nov MlssourlKansfts-Texas RR— Prior lien 5s series A......... 1962 J J \2% 32% J 21 24 K 19 ji 25M 1962 J 1978 J 21 26 11 27% J 21 % 20- 21 M 82 ♦Cum adjust Ssser A...Jan 1967 A O 11% 3% 28% 14 40-year 4s series B; Prior lien 4%h series D . 25m 8 196 9 7M 111 5% 5% 1965 F ♦1st A ref 5s series A > A ♦Certificates of deposit.. ♦General 4s _...j._• 1975 M S ♦1st A ref 5sseries F....... 1977 M 8 ♦Certificates of deposit....... v'?, ♦let A ref 5s series G.......1978 MN 25M 27% 4 27 M 26 M 27 H 257 19% 2% 28% 27 26 27 19 28 *101 28M 26 M 28 M 102 20 0 *113,: 26 26M 1M 6 19% 356 28 M 31 29% 28% 1% 29% M 1M28 H ♦27 M A D 51K 103 H 104 110 103M O 110 m 112. 6 debentures......1965 AO Montana Power 1st A ref 3^8.1966 J ji 88 •••9% 28 16% *17% 89 112 108H 111?* 110>$ 113% 102% 107 5 2 81M *56M {♦Montreal Tram 1st A ref 5s. 1941 fc V* Gen A ref s f 5sseries A....1955 Gen A ref 59M ♦56 M' 1955 f 5s series B s 8 02% Gen A ref *56 f 5s series D....1955 s Constr M 5s series A-....-.1955 M N Constr M 4 Vis series B.. 1955 MN Mountain States T A T 3J4S..1968 J D 139% *136 22% 12% 38 M 39 M 20 37 12 17! 3% 15% Sheaffer (W A) Pen Co.No par 900 2,600 27 36' 44 34% 35M 56 111 % 110m *116m i.l X 35% 107?* 111?* *5* "C- 47% : 37% 115 5% 112 e v 1 Nov 12 Slraonds Saw A Steel..No par 22 Oct 10 1,600 Skelly Oil Co... ......15 Sloss Sheffield Steel AIron. 100 95 $6 preferred........No par 112 33 33 331, 102 — *113 *18 J J"' 'ii-'- 18% 18% 17 800 Smith A Cor Typevtc.No par Snider Packing Corp...No par {♦Naugatuek RR 1st g 4s.....1954 66 M 18 65 106 % 106 Vi 106 M 55 102 S 103 M 103M 104 13 103 O 106 M 106M 106 H ♦106M D 88y 1J *121 J J *61 ...1945 J J 61H :: 61H New Eng Tel A Tel 5s A--—.1952 J D 1st gs 4 %$ series B . .... .. . 1961 MN 122 M 122M 127 127 108 M 108M {♦New England RR guar 5s...1945 ♦Consol guar 4s.. 72 1% 1061* *14% 1051* 120 ; 15% 14% 15% 124 N J Junction RRguar 1st 4s. ..1986 F *73 A N J Pow A Light 1st 4Ms.---.1960 63 New Or! Great Nor 5s A—v—1983 NO A N E lstrcf Aimp4Ms A 1952 79 79 78 10 79 - 105 K 105M 105M 73 X 105M 11 New Orleans Term 1st gu 74 4s... 1953 {{•NO Tex A Mex n-c inc 5s— 1935 A 341, 1 ; •. 58% 5 " '' 47 2 41 •1st 4 Ms series D—........ 1956 F A 38 ♦Certificates of deposit.. ♦1st 5 Ms series A ♦Certificates of deposit. 34 3,200 So Porto Rico Sugar...No par a;13 June 6 21 MarlO 16 May Aug 120 Aug 1 150 Mar 31 128 May 12% 11% 16% 32 '15% 1% 35% 1% 3% 21% Southern Pacific Co...No par 10,500 - — 47 5 47- 43.1 434 43, 47 48 48 500 10 4% 3,400 1% ?iV -1%; 14% 15% 1% : 14 14% 15 25% 33% 44% 45'"> 59 *58% 14% 59 11 Conv $4.50 pref.....No par 44%May 31 Square D Co.... ;..... 1 5% conv preferred..... 100 31% Feb 19 11134June 2 35,600 Standard Brands......No par 4% Nov 13 108 June 19 100 42 m V M 800 1434 15 2,200 $7 cum prior pref. ..No par 24% 24% 24% 11,900 32% 3134 Standard Oil cf Calif. .No par Standard Oil of Indiana....25 17% Mar 25% Mar 43 32% 43% 14,200 433, 32,600 Standard Oil of New Jersey.25 33 41% 3,400 Standard Oil of Ohio..... .25 34% Feb 19 34% — Starrett Co (The) L S-.No par 33 2,100 Sterling Products Inc 52 3,600 Stewart-Warner Corp.. 40% 41% 34% a;60% 61% 5% 5% - *33 60% v 51, 61 5% 5 5 1,300 5% 5% Stone A Webster -4% 5% 4% 8,400 434 9,100 800 Studebakcr Corp 59 58% 14% 1% 13 23 23 23% *22% 43, 43, /' -I 143r 59% 1% 1% 59% A.'....1998 F A 10-year 3?48 sec s f.... i-—1946 A O 4Msseries A....2013 A () Ref A impt 5s series C- .....2013 A O Conv secured 3MS---.--...1952 MN N Y Cent RR 4s series Ref A impt 321* 18 . 46 4%' ' 23 4% 5 *4% 5 *4% 4*4 ' :, - -18- ; 18% *43g A A 23% 44 0 471* 32 3 v . • u ' 53 08 54 95 H 66 49 M 413 89?* 471* 233 52M 55 M 52 M 52 Vi 55 79M *434 4% ; *36 *36 40% 79Hv 80 M 97 3 Ms registered. 1998 Mich Cent coll gold 3M8----1998 3 M s registered 1998 - 2% 2% *8% 8% 44% 8% • ... - F A F • 60 44% 671* A 76' 871* 71 '•••;• - 83 100IV 1011* 59?* 70 6 57M 54 54 m 66 75M w'-'Cv 100l,M 2 59 H*54 A F *73 55 531* 3 641* 68 511* 54 M 2% 2% 34% 34% *6% 6% 4% 4% 65 '■ 10 *7 ■■■ 57 M • 443, 17% M% cum) 100 170 5 3,800 Sunshine Mining Co 2,400 Superheater Co (The)..No par Superior Oil Corp....._.-..l 14% 1% 1% 2,200 *12% 13% 300 17% *17 100 Superior Steel Corp 17% 1,200 .100 10 Sutherland Paper Co Sweets Co of Amer 4% •4% 4% 23% 23% 23% 3,500 x22h 22% 2134 22% 2,400 Swift 434 23 43, 4% 5 3,800 Symington-Gould (The).-50 Swift A Co. *4% 48, 5 43, 4-84 ....25 International Ltd. Corp 1 *4 "'8 200 5 *2>4 2% 300 5M% partic iref Telautograph Corp 8% 8% 8% 8% 800 Tennessee Corp.... 5 44% 44% 11,300 Texas Co (The).... 25 37% *36 '--•- - 6% 4% 9% 5 9% >. 7% 7% *42% :!'V,-•'••%' 5 36 Texas Gulf Sulphur...No par 63, *6% 6% 1,700 Texas Pacific Coal A Oil.-.10 4% 4% 5 3,600 Texas Pacific Land Trust 9 9% 9% 9% 7% 45 *3% *53% 3% 543, 5 5 5 *35 36 3% 4% 25% 4% Texas Gulf Produc'g Co No par 2,900 *42% 31, 284 4% 3% 33g.r *4% 3,000 34% *7 45 55 4% 37% 2% 33% 36 55 553, *36 -'7 *3% 3% 55% *543,.. 5% ;• '. 5 4% 7 *42% 44 3%: 44% 2% 4% 63S 5 23, 33% *6% 6% 2«4 34 44% 2% 5 9% 7% 50 ...5 33% 6% 3% 31i 443, 2% 33% 42% 37% 3% 8% 2% *3% 55% *36 A •> 9 *2% 2t« *8% 44 >' ^ Talcott Inc (James) 2% 373, *36 38% 34% .42% 5 ' 45 2% 34 *9% *4% ... Louis— Ref 5 Ms series A v,v——— 1974 Ref 4 Ms series C. .1978 1 ....No par 23 4% 23% 21* 2% 83s • ' 691* 961* 631* 69?* 521* 521* • 100u«j 30% May 6*4 May *15% "Ian 8 Ma) 20% Jan 13% May 34% Jan 17% Nov 39 Jan Jan 3 1% May 6% July July July 3934 July 38% July 28 31 21 22 28 334 Jum 607g Oct 7 Jan 72 May 14% May 2334 33 47 June 4 45% May 678 Jan 57% Jan 6 9 434 Ma) 69 22 59 40% Aug 1 11734 Aug 19 6% Jan 6 113% July 16 1% Jan 6 May May 19 46 May Apr Apr *eb 38'4 Apr 58% 11% Deo Jan 5 May 66% Apr 40% Apr 112% Deo 7% Apr 98 Jum 113 26% May 112 Dec 1 May 2% May 9% vi y 4% Mar 20 21% Mar 21 2234 Mar 21 3% 12% M Deo 2% it Jan 7% 18% 22% Jau Jan Jan 4 5 Feb 14 25%Nov 6 34% July 29 45% July 25 48% Aug 2 Oct 20 40 Apr 16 5% Nov 12 66 3%May 5 Jan 4 16% O 1 20»4May 297g June 56 June 11 5% Nov 14 4 117%June 2 4% Oct 31 126 14% Nov 12 21 1% Feb 27 11% Apr 14 17% Nov 13 2% 18% 23% 5% July 10 Jan 4 Jan 10 9 July 11 July 31 Jan 2 4 Dec 6 8% July 23 8% Jan 7 60% July 23 May 4% May May 5'4 May 4634 Aug "7%~M&y 12% May 1% Oct 9% May 20 May Jan 29 Apr 40*2 *"23*~Ma) 7. 83., Jan 10 6% Nov 5 4% Nov 13 Apr 14 50 26% Jan 38% Dec Jan Feb 8034 8% 8% 12% 12% Apr Jan Feb 657s May 16% ian 277g Jan 2% Jan 18% Nov 35% Feb l9%May 5 25 8 3 May *17% May 17% Mar 4% Oct 4 24% Sept 19 16% Aug 10 434 May Feb 28 4 Aug Aug 7% July 7% Mar Apr 24% 32% 9% Jan Jau . 47g 40% 10 J River 3lis... 1997 J 3 M» registered.......... 1997 30-yr deb 4s 1912 ——i—1942 J J F A Lake Shore coll gold 3Ms._ .1998 23% May '• ~ ■ N Y Cent A Hud t 55 95 47 M 2 30% May 152% Apr ' • 110 107 47M 95 1% Nov 12 10% Feb 19 12% Feb 14 27% Jan 3 13% Sept 17 1434 Aug 1 19% July 31 3478Nov 5 3f% Oct 9 1% July 10 441* 331* 331* 111 M 54 54 M Class A pref (4 ^..1 ...No par (The) Sun Oil Co..; 15 - 13 13 5 *123% 126 5 14% 1334 23% '.*.r.. 434 1% 59 124 124 ■ 4% 143, ..10 Stokely Bros A Co Inc 434 5% 23% 23 2% ♦109M 7% May • • 41 124 7 13% 48, 434 %«Nov 5,300 • J No par Standard Gas A El Co.No par 4% 14 18% 4% 23% 18 *4% ■' *36 Newport A Cincinnati Bdgc Co— Gen gtd 1945 J $4.50 prefeired 3,300 : 42 Jan 24% Feb 12% Jan 2% Mar 16% Jan 45 5 44M 4% Nov 12 53, 124 '•; y 5 1% *33 5% 54% Aug Spiegel Inc................2 4% 58% 1 ••'; -V;i> 1% *123, 14 y: -f A' 4% 15 1% No par 5% 1, 126 434 15 1% ;> 5 5% 5 ♦124 4% ; pref A 434 51, 5% 4% ■• x24% x31% a-42', 5% > 5% vt • conv 1% 13% 62 61% •''*'.v ■>/': 5% ■ $3 3l7%Mny 22 20 Apr 21 27% Apr 25 $4 preferred.. -.No par $6 cum prior pref.. .No par 41% 34% *33 61% ' 61% 126 ' 40% 1-',* V 34% 5% 1% *13% 461* 41% 5 1434 14«4 32% 5 9 Mar 13 13 V $5.50preferred......No 340 *16 1% 1% 1% 14 14% 15% %6 »u % Spear A Co.... 1,100 48 37 30% 36% 36% 36% *113% 115 *113% 115 *113% 115 5 5 5 4% 4% 5% *108% 112 *108% 11134 *108% 111% 3612 %« May May Sperry Corp (The) v t C.. — .1 Splcer Mfg Co... No par 58 v 3 60 3,200 32% 36% 1 1 21% 32% *35% 2 par Spencer Kellogg A Sons No par *57 434 Sparks Wlthington....No par 300 358, Jan 11% Feb 15 500 58 32% 8 19% Feb 14 23% Mar 13 3,100 58 22%May 8 l0%May 16 . ...No par Mobile A Ohlostktr ctfs 100 1% 10 Feb 19 5% preferred..........100 3% 35% "*34 ■; 68 Southern Ry *20% 21% 3234 21% - 1% *65 34 *57"' • Southern Natural Gas Co.7.50 10,500 35 vC.4 Southern Calif Edison.....25 3,900 16% 35% 3214 Day . 2.900 *3% 3% *65 *21% 12 33% *28 L% 3% 1% 3% 12% 16% 323« 100 33,000 22% 33% 16% 32 *28 35% 22% 12", -11% 22% 8% preferred 138% 138% *136 138% *136 11% % %« 62 *18 22 38 44 1954 AO Dm 18 24% 14% 48 461* 351* • 47 H ♦Certificates of deposit..... 14 Oct 11% Ma) 17% .22% 48 ' 5 37 32 41K 4lH ....1956 FA ♦1st 5s series O 8 5 Apr 22 10% Ma) 17% 34% 4% 39 34J* 3 Jan 25% July 31 15 Sept 18 18%Nov 8 103., July 22 2% July 25 1938 Aug 15 17% .12% *\ 5 5% *108% 112% 6 ' 41 -40 ♦Certificates of deposit... 30 15 0 18 15% 3634 36% *113% 115 5% " *;24 106?* 76 68 30 r. 14% Feb 19 13 12% 5 . " *42 M 114% May South Am Gold A Platinum_1 *65 36% ; 41% *3334 *58% 79 105 30 13 I M 41- 120 Socony Vacuum Oil Co Inc. 15 25% 4% 104}* 106?* 25 37 m 36M* O ♦Certificates of deposit..... ...1954 AG ♦1st 5s series B ' 74 Ma) Ma) S'eastern Greyhound Lines. .5 45%'.45% *5% ;5% ' •-V; 80 65 1 1st A ref 5s series B.-...—.. 1955 1091* 67 1 ; New Orl Pub Ser 1st 5s scr A.. 1952 67 105 600 2 12 Closed- *57 5-h 75 107 6 6 Jan 27 47,600 3,200 33% *33% 70 "4 : Jan 1% 25 41% 64 1211* 127?* 123% 131% 80 108 H 77 M 78 23% May 112 114 10% *27% Armistice *35% : 6i% 2 12% Jum Nov 5 Feb 163, 34 45 50 127 M Apr 31 Feb 15 9% 134 25 24% 34 r 45?* 15 Jan 2% 1% Ma) 16-34 31 21% 34% ' 62 17% Ma) 35% Oct 30 Feb Jan 6% Nov 24 12% May No"12 163, v 10 9% 223, 'Stock Exchange 1% % 1% 1011* 1061* 103?* 100% 82% 86}* - *85 MN 1948 J Newark Consol Gas cons 5s 21% Jan 10 2% Jan 20 30 1% 163, ' 5 3% May 10% 1% 163, 1634 ' 65M ■ 18% Feb 19 Smith (A O) Corp........; 10 13% 17 200 1.700 12% 13 16% 22l2 3% 65 21% 47% 37% 1171* : ■7- 1% 5% % D 14% Nov 13 Simms Petroleum......... 10 900 40% 13% 4 Jan Jan Apr 7% Mar May 7% Jum 1534 July 21 5 534 56 34 Jan 30 40 May 40% A up 43« Ma) 16% •• 3% 21% 341, 35% 58% 5 3Vis debs..... 1960 J Nat Distillers Prod 3 %a......1949 M National Steel lstmtge3s 1965 A Natl Supply 3Vis....... .1954 J No par 600 12% IO84 y 35% 65 *57 ... 39 115. 1% 112 Nat Dairy Prod Simmons Co.... 1 30 3 7 3 Sept 6% Sept 19 13% Feb 28 8% Mar 3 1% Jan 2 17% 17% 9% 1% *136 16% 32% *31 3% *113 A Shell Union Oil 5% Nov 58 17% 22«4 16% 31% 7 33 351; *20% 34% N Nash Chatt A St L 4s ser A... 1978 F 3% Nov 10 60 2,300 15 1 ... *12% ! 15 ....15 Shattuck (Frank G) ...No par -30 104% *101 *18 18% 12% *12-% • 12% 16% 38)* 43?* 41 10 *113 , 334 Silver King Coalition Mines.5 Sharpc A Dohme No par $3.50 conv pref ser A.No par 2,300 1% 343, x33 *101 105 12% 12% 1% 33 M """ 15% 5% 37% 14% i 3% Apr 23 51% Feb 27 4% Feb 19 35% Apr 19 10% Jan 21 600 53, 57 2934 2934 *101 •' 139% 13 *3% 38 M Mutual Fuel Gas 1st gu 5s.... 1947 MN ' 18% *65 39 % 301* 18.'- 22% 52 "381* 65 M !*. V "V-; V ,;- f 17% 32% 39 38% Morris A Essex 1st gu 3 %a... .2000 '' 18% 17 *12i2 12% Gen A ref s f 4Hs series C..1955 • ■' 1% 17*. *22l2 85 39 39 .... 30 *37 3% ♦1 1 34 * 10% 1% 16% *32 • 10 10% 2 *136 103 ^ 104% ; 18 81 M 81 15 5% 57 ; 7 ■■V 106 M- 107 107 37 33, 14% • *113 343, .... 19 12% 12% 17%:: 18% 18% 28% 1 293, ... *18% 13 *12 15 - •';} . 104% *113' :* is 29 % ; 20 r *34% *101 19% 51 «.*U i5'« 1% ^ 29% 3% 15% 56% 5% 15 15% *33, 5% 57 5% X37 37 143, ••■'■ •r: *1., 34% ♦19 79% *• 36% £ < 3% V'* 29 57 5% • 5*3, 5% 57 5% 15 ' 29 105 19 226 ■» *45 M 1% 19% 20 - *88 S — 20 15% 5% ■ 57 ;•;- ■ h ' • MN Monogahela Ry 3%a ser B 1966 F Monogahola W Penn Pub Ser— 1st mtge4Hs——-i1960 A % ; 'I 27 H 26 M 27 M *26 K Moh'k A Malonc 1st gu g 4s...1991 M » 10 vp' ♦Certificates of deposit.;...;-. {♦Mo Pac 3d 7s ext at 4% July '38 • *1 2812 34% 5% * 36% 3% 15% 1% 28% *l8t A ref 5s series I;.......1981 FA *15 19% 88 "I'm ♦Certificates of deposit;...... i 28% 28 3 2M O 5sseries H..„ .1980 A g 19« 36% 15% 15% 2M ~~2% ♦Certificates of deposit....... ♦Conv gold 5Hs..1949 MN ♦1st A ref 26 53 5% 37 *3% 27 M 5% 551., 5% 5% 151.1 {Missouri Pacific RR Co— 26 X 5% 55% 57 *55l.i .*5% ♦36% ' 25% 7% *42% 3% 55 7', 45 500 Texas A Pacific Ry Co 900 Thatcher Mfg Co .....No par 100 3% 500 55 *35 140 5 1,500 36 4% 1 100 3 3% 2% 2% 2,000 *4% 4% 4% 4% 200 $3.60 conv 100 No par pref The Fair... No par Preferred 3%May 10 32 Jan 2% 73„ 34% 2% Oct 17 32 Third Avenue Ry.. 4 10 $3 div ccnv preferred June 4 2% Mar 3 May 21 38 1 -- Apr 23 Feb 19 Nov 12 31% Apr 22 5% Mar 4 334 Feb 18 8% Jan 4 5%May 19 10U Thermoid Co.. 6 30 100 Thompson (J R)..........25 Feb 1 Jan 17 2% Apr 23 3%June 30 5% Sept 5 38% Aug 22 334 Jan 16 9% Sept 2 45 Nov 10 4%May 38% Sept 734 July 6% Aug 14 July 10% Jan 44% Sept May 0 i Apr May 4% 28% 2% 4% 40 Mar Dec May May 33 12 12 28 2% May 26% May 9 334 July 22 23 25 43« Sept 8 6% Oci 8% 0% Jan Jan Jan Jan May Dei 18% D« 53 Mar 4 Feb 36 t: 2% Jum Jum 3 May 20 Jum 2«4 Feb 6 4 Jan Jan 37% Nov 5 30 6 47% Apr 4% Apr 7 6 5% July 30 40 Aug 20 4% Jan 6 60% Sept 5% Mar 9% Dec 1 12% 42% Feb 5% Mar 35 - Nov 7% Apr 6% Dec New York Chicago A St _ 4s collateral trust A M O 72 1 60 m 99 m 1st mtge 3 Ms extended to... 1947 A J 6s debentures.... —v.'. 1950 N Y Connecting RR 3Ms A... 1965 A N Y Deck 1 st gold 4s.. 1951 F D O 100M A 62 M A O 77 . Conv 5% notes............1947 3 Ms scr D 1st lien A ref 3^s ; ....... ser 1965 A E.....1966 A N Y A Erie—Sec Eric RR N Y Gas El Lt H A Pow g 5s. '.</«;• .1948 . 34 165 100 ; 90 92 92 M 7 79 62 101 M 63 • 77 . 68 >9 109M 110 H 7 D 121M 121M i 115% 6 6 63 M 63 m .1973 MN 51K 55% 55% ♦Non-conv deb 4s ♦Non conv deb 4s S 25M 25 % . ..1955 J 'J 27 _ -1956 MN 28 -1956 J i ...... 12% 9% 9>» 101 6% 8% *21% 8i,i 22 1% *1 20 20 I 33% 291* V 9% 9% 69% -26M- 55 -1940 A O "48 M •Debenture 4s.J..;...... -1957 MN 5M 1) 18?* 29 18 L 39 {♦N Y Prov A Boston 4s N Y A Put nam 1st con gu 4s D 271* 20?* ..311* 22 30 J* 68% 14% 15 "50% 5M 2»M 5M 27M 29 81 20 301* *11% 12 82 81 82 15 78 86 *26% ..1942 A 17 i. 531* 33?* 3?* 2 0 5% IK 53 0 1993 A 4% — N Y Queens 1..1965 El Lt A Pow 3 Ms Rys prior Hen 6s stamp -1958 MN N Y J J ~1H 6 4% ' 1% 99 "45"". ~45M ♦111M 10 5 Ji 7% 99% 99% 3138 99% 3138 99% 31% 41% 41% 42% 4% 41, 12% 3,700 3,900 6,200 Timken 41 4,000 Transcont'l A West Air Inc.. 5 9% 400 Transue A Williams St'l No par ■ 4% 12% 12 9 ••-: 8% 1 6. 119% 734 12 8% 21% 1% 8% 12% 9 5% 111% 105% 3 - 45 - 11 Tri-Contlnental Corp.... 15m 67% 270 6- 6 800 Truax-Traer Corp ; 200 Truscon Steel Co. 11 11 7% 7% 22% *20% 1 11 7% 21% 15,300 70 68 8% $6 preferred 1 20th Cen Fox Film Corp No par 300 $1.50 preferred......No par Twin City Rapid Trail.No par 1% 1% 1934 20% 734 21 73, 7% 1,000 Twin Coach Co... 33% 9% 3234 33% 32% 884 33% 3,300 4,700 Under Elliott Fisher Co No par 230 4%May 26 9%May 15 6% Mar 25 1'nNov 14 4 8,300 400 18 62 7% 1'4 34 8% Nov 13 938 Mar 6 95% Aug 9 27% Feb 19 38% Oct 14 No par 10 19% V 2434 Nov 13 % Nov 13 ..No par 734 20 r: 76 14% 3 13% 11% 100 *111% 541* *42% *18% 75 7% preferred .100 ...1 July 3 Feb 19 9% Jan 30 5 May 23 16%May 20 Jail 10 1% Jap 18 Jan 9 11% July 31 9934 Jan 6 35% Sept 6 51% Jan 2 25*4 May May 23 Jan 8% May 81 May 12 May 18 May May 2 Jan 9 75 Jan 9 64 7% Sept 17 11% Aug 9 9% Sept 17 May May May May Aug 3% May 6% May 5 May 14 May 16% Feb 20 6%May 22 Feb 14 37%Sept 17 21%June 4 9% Mpv 59% June 1 Mar 25 Apr May 35% 4% 10% 4% 1% 5% Jan 13 17% Jan 2 10% Aug 21 38% 1 8 22% Sept 17 134 July 31 27%Sept 9 9% Jan 13 9% 70 75 •■■■' v; v : ' 67 20 No par % 17 %' 16% - • *16 17 Fcr footnotes see page 1082. 8% Nov 13 Union El Co of Mo $5 pfNo par *1113,, Jan 30 11534 Nov 3 112% Sept 30 60 10 Pref $4.50series.....No par 108% Aug 6 3,600 Union Oil of California.....25 1234 Jan 2 Union Pacific RR Co 100 66 .—100 66% 671., 6,800 78% *75% 78% 200 12 *75% 11% 11% *1138 26% *25% 26% 26% l%May 13% May 6% May 2% 99% Jan Dec 34% Deo 52% Nov 7 Mar 21% Apr 9% Nov 2>4 Jan 82% Mar 5% Apr 10% 13% 25% Apr Jan Jan 3% Apr Apr 30 13% Mar 4% preferred 12 Jan 71 May May 17% 85% Jan 10 98 Apr 75 Nov 12 85% Jan 13 13% Jan 2 31 July 28 443s Jan 9 17% Jan 9 1434 July 24 113% Feb 6 52 Sept 4 70 June 89% Feb 13 Dec 22s4 Jan Union Prem Food Stores Inc.l 11 Aug 15 500 Union Tank Car......No par 25 Oct 17 United Aircraft Corp 34% Apr 19 11,800 1,900 30 Un Air Lines Transport. United Biscuit Co 5% preferred 5 No v,ar 100 700 United Carbon Co 500 United-Carr Fast Corp .No par 17 1734 17 17% 1034 17% 40,200 21,700 United No par Corporation...No par $3 preferred ..No par May Feb Nov 13 200 ...5 105 45 18% Apr 88% Jau 110% Deo Sept 17 8,900 12 1234 Jan 79% Sept 17 ' % 30 Feb 14 Union Carbide A Carb.No par 26% 26% '' 66 10,800 Union Bag A Paper 38% 37% 38% 37% 38% 37% 13% 1334 13% 13% 13% 133g 11% 113, 11% 118., 1134 11% *11134 113% *111«4 113% *11134 113% 42% 4284 42% 4134 42 42% 19% 19% *18% 18% 19% *18% '16 %« % % % v 42', 19% 42% *18% 63 *11% t 26% 37% 38 ' 14 14% 11% 12 11134 112 8% 69% 66% '■'•'•'■." 12 *11% 8% 69% 69% 68% *115% 11534 *115% 11534 115% 115% *110% 11034 *110% 11034 *110 110% 14% 1434 14% 14% 14% 14% 69% 76'. 26-% 108*1* 10 Transamerica Corp.........2 67 % 5% 7% 68 14% 1434 38 1081* 1111* 105 33 70% 693« 26% 7% Detroit Axle Timken Roller Bearing.No par 68 *2034 *1 400 1 67% , 4% 12% 1 68% "*1% s par ■31% 738 ■ No 4% 21 : A r $4.50 conv pref 41% 1 9% 79 69% *75 16% For footnotes see page 1083. ;■ *115% 115% *115% 1153, 110% 110% *110% 111 "48M 4M ; 33% 9% * 38 ..1955 J i • 7,000 31% v' *11 7% 25 U 18!* 182 -1992 M 8 , 12 ; 24% 4% 133i *8% V /'v 6 8% 22% *1%5 1% 20% 20% 7% 106 28 30 m . . 68% 8% *21% 7% 33% 26 m ♦General 4s ■ 1 7% 33% 29 M {♦NY Ont A West ref g 4s. • 1 y 68% 6% 6% *11 12 *11 ■" - •• 12% 13% *9%-. 9% *68% 1% 68 25 40% A 31 '■> . 1 *5% 271* 27% 25 MN *99% *99 2434 ' 28?* 30 {♦Harlem R A Pt Ch 1st 4s -1954 4% 17?* 17?* 25 M ♦1st A ref 4 Ms ser of 1927. -1967 J 99% 4% 19 28 < - 10% 31% 41% 33 26 H . 10% 4% 1201* 125?* 113?* 118?* J ...... 1034 Thompson-Starrett Co.No par $3.50 cum preferred.No par Tide Water Associated Oil.. 10 31% 42 J 8 ♦Collateral trust 6s 800 600 40% 4% 25 J 6s registered % 8% 10% 99% 26 m J *Conv deb 6s. -1948 % *8% 10% 41 26 M •• ..1948 J ♦Conv deb 3 Vis. > 10% 27 m 24 M -25 %« 81' 31% 92 27 S ..1954 AO % 8% 10% 99% 106?* HO J* 1071* HO?* *100 M {N Y New Hav A Hart RR— -1947 M ♦Non conv deb 4s. ..1947 M ♦Non-convdeb3Ms lo 83, 10% 99% 26 31% 26?* 66 % 100% 1051* 31 .••49?* 57 6 531* 59?* *53M 4 Ms series B- .1973 MN J ♦N Y L E A W Dk A Impt 5s.. 1943 J *% 834 10% "• 40% 78 4 115m ;- 10% 68 J Thompson Prods Inc.-No par tg 9% 26 % 10 97?* ■ 60 13 O 109m 110m 800 I9 9" 27 *% *9 12% O ♦104m ♦Non-conv deb 3 Ms *25% 981* 102 J* 55 66 % 45 ■' 77M 981* -■ 2000 MN ... 65 44 100 H ; _ 3 Ms N Y Lack A West 4s ser A. 76?* 541* 86?* 101% 97 % Purchase money gold 4a i. 1949 F A {♦N Y A Greenwood Lake 5s. .1946 MN N Y A Harlem gold 661* • 32 97 m "f.k. '■ N Y Edison 60 99 m O < 72 M 62M 71m S .1946 F A ... - - 9%May 11% Nov 109 May 40%May 16% Apr 14 Oct 16%Nov 15 13 1 2 23 20 10 16 10 July 297g May 53% Apr 12% Mav 108% Nov Apr Apr lll7g Deo 12 May 23>4 18 42% May 65% May 3 7 12 Dec 20% Dec 2% Apr Tanlfl 20 Dec 42 21%Sept 1% Jan QHSi 81% July 1% May Feb THE COMMERCIAL & FINANCIAL CHRONICLE 1082 Tuesday, November 18, 1941 NEW YORK BOND RECORD NEW YORK STOCK RECORD FrUap LOW AND Sales HIGH SALE PRICES ■ Saturday Monday Nov. 8 Nob. 10 Nov. 11 $ per share $ per share | per share 5% *2% *3 18 *10% 47% ' 51 3 l%May j ,-6 United E ig A Fdy 6 United Fruit Co 71,800 ...No var 9 *29 *23 25 85 preferred 600 ...No var 105 May 3 ♦3% 3% 400 United Paperboard. ——.—10 2% Apr 10 3,800 3 3 *90 93 16 200 15% 10% 36 1st preferred. 84 No ear 10% 11 800 U S Freight Co. 50'2 4,400 U s Gypsum Co .7% preferred .....20 10 -100 — 170 5 U 8 Hoffman Mach Corp 4 8%Mar 4 44% Nov 12 Apr 23 4% Feb 17 No par 49 471.1 Mar 6 >8 1,100 30 29% 30% 1,000 U S Industrial Alcohol.iVo par 3% *3% 3% 1,400 U S Leather Co.......No var *.8 8% *3 8% *102% 103 *102% 103 26% 27 27% 26% 27 *30 *30 30% 31% 31% 800 Partic it conv cl A.. .No var 100 Prior preferred...,..... 100 U 8 Pipe A Foundry ...20 U S Plavlng Card Co...... 10 40% >29% 3% 3% 8% 102 *23 24% ""loo 1 5M% conv oreferred 2,000 "1* 1 1,700 25 *23 23 23% 23% 23% 98% 99% 98% 99i 51% 51 51% 50 50% 50 50% 70 70 71 69% 69% 23% 24% 99t2 52 71 >8 99 9' 51% 41 Jat' N Y Jan *69% 11,700 24% 23% *99 '29%May „ *23 *48% 49 U 8 Smelting Ref & Preferred *13% *48 *13% 4S % Ul« 14% 14% *13% 45 1. June 25% July 14 Maj ; *150 U S Tobacco Co 28, 76% Jan 29 No par 160 160 ...5 *13% 49 1J1 >1% Jan:. 7 3,t Nov 12 % Apr 28 United Stores class A Nov 41% 4 Sept 16 i 60 Unlversal-CyciopsSteelCorp 1 112 400 14% 47% Universal Leaf Tob-!—A'o tar 43% Nov 12 140 May 20 157 Jan 21 Jan 17 162 Oct 31 30 % Aug 28 Sept 18 151 10 8% oreferred.,.;'...---100 162 210 Universal Pictures 1st pref. 100 16% Jan 10 Sept 22 May 10 133 1 12% May '45 May 134% Jum 64 28 26% 21% 21 42% * 64 Armistice 21/ 11% 26% *10% *25% Day 41% 85 *10% 25% *41 41% 11% ' Van Norman Mach Tool—2.50 15 Van Raalte Co Inc......,.-5 4 28 :; 7% 1st preferred.,Y,—Y100 112%Sept 23 116 200 Vick Chemical Co..-------6 39%Jur.e -.2 45 19%Nov 12 10% Oct 31 ; 20% Aug 34% Jan 2% Api — 23% 23% 24% 24% *116% 117% *116% 118 16 16 16% 16% 35 *34% 35% *34% *31% 32% ♦31% 32% 23% *97 110 117 15; 16 *34% 35 117 14% 35 i 32 110 *100 1997 149 *104 ■ 34 414 34 15 5% *4 *% 32% 3s registered 20 — *72% 75 *7% 119% 105 .......... Ref A lmpt 5s series D—... 2047 j j 84 19% 4% 34% • 1967 F A .;•—. 1904 M 8 1944 J ext J (Ml in) 1st A ref M 3^8..;. (Wise) 1st mtge 3 Ha 30 Va El A Pow 36 pref.. .Na par 16% 600 Chem.—,Na par Va Iron Coal A Coke5% pf 100 Virginian Ry Co— 35 500 31% 31% Fob 543% May "*39%" *18% Apr . - 13% 14% *3% 25 — — , t 13% 14 *2% 2% 19 72% *784 19 '. 115% Feb 17 12 Apr 3 35 Oct 17 104 Jan 33% Feb 31% Mar 29 109 Maj May 6 Maj - 500 2,300 18-34 *18 1 4% 75 *72% 3% ' 34 14% 900 14% 120 102 19% 18% 14% 13% 18% 13% 2% *% TIoo "it 18% 4% y. 4% *70% 400 12,800 75 ::■ •, 80 *18% *32% 18 14% 13 *13% 12% > *2% 13 2% 2% . 1, 18'% Y— lo •% 2,300 18% *3234 17% 18% 33% 17% 510 33% 18% 1g' iJl8 13% *75. 71 14 13 3 Y-- *75 21% 21% >21 21 *70% 72% ♦70% 72% 95 *93 95 103 102 102% 102 103 90 91 90% 90% *116% 116%' 116% 116% *17% 18% *17% 18% *105% 107',*105% 107 25 *25 25% 25% 2% 2% *2% 3%' *6 *6 7% 7% *% *•% 30 30*4 19% : 19% 29 90 1,800 2% *75 :i 500 13% 1,700 23/ 13 > 900 13% 13% 300 15% • 38%June 75% ""966 203; 71% 1*105% 107 25 ' 24% 25% 284' 2% *6 2% 5 \ 35 Ore -Wash RR A Nav 4s Jan , i^ov '3 71 May i 10 490 91 420 210 116% 116' 100 18' *17% *105% 107 61 " 1,600 25 25 2% *6% 1,400 2% 7% 7% 6% % 1" 10 A *ha 29% 19% 28% 2734 *17% 28% 18% 28% 119% 120 *28% 30'2 34% 29 *108 *33 110 74 75% 29 119% 11934 *33 110 75% 28% 28% 7534 120% 120% *27% 30% 100 : 1 600 June 135 34 34 *33 *108 110 108 34 108 *54 61»s *54 61% *54 61% * *93% 95 *93% 96 95 *93% 28% 28 69 *27% *68% *93% 26% 69 14% *13 14% 28 *67 *13 ; 14»g . v 14% 14% *4% 3% 5% 3% 4% *47 52 *23% 24 2% 1% 4% .6 , *71% 4% 6% 72, *112% *23% 28% 20% 2% 1% 43g 2% 1% 29 20% *23% 28% 20 26% 14% 4% 3% 13% 4% 3% *47% 23% 23% No par • 3% Oct 25%May x 12% Feb 3%May ....No par Walk(H)Good A W Ltd No par Div redeem pref. ——A'o par Class B 7% Nov 12 17% Apr 22 •isJune No par 4 . 26%Sept 9 5% Sept 2 75 Oct 11 13% Apr 19 2% Feb 19 ..No par > J Warren Bros: Co ......No 83 preferred—A'o. Warren Fdy A Pipe——A'o Washington Gas Lt Co.Wo Waukesha Motor Co 53 i Jan 2 6 par 25- par 1 Webster Ehenlohr 2% No par 80 100 Wesson Oil & Snowdrift No par Feb 4 , 89 *3% 23 > 4% Jan Oct 16 Feb ,5 16% Mar 65% Mar 3 6 . 80 Feb 10 34 copv preferred No par : .< y /j 2 May Jan 25% 13% Aug 30 ■i 4% May i. " 2 2 1% 1% 4% 5% 4% , 6 5% .,1 71 .. 4% 6 71 *11334 26% 1834 28% 1 19% Jai 20 >14 107 J —... "89 Nov 80 112 Mar 31 West Va Puip & Pap Co No par 15% Feb 19 20% July 15 6% preferred.-......... 100 Supply Go—,10 104% Apr 26 23% Mar Western Auto Western Maryland..-100 107 Oct 1 18% Feb 13 17% Nov 14 s *123% 130 *111% 125 . 54 53 51 51 57 *55 56% ♦55 100 ♦97' r 99 *97 ; 100 62% 63 105 119% Nov 10 27%June 27% Apr 17 141 , 4% Guar 3 Ms trust Jan Feb 1944 .4 preferred—1—A'o 105 Apr 16 60 par Aug 18 65 90 Aug 29 21% Apr 18 100 > Wheeling Steel Corp...No par 64 120 105 June White Rock Mia Spr CoA'o par ■ White Hewing Mach Corp... 1 Wilcox Oil & Gas CO ...5 Willys-Overland Motors..... 1 6% conv preferred 3,000 4,500 4% May % 1 Wisconsin El Pow 24" ""606 118 27% 25,000 19% 1,500 • 26 "Jan 103 Y *106 106 ♦105 % 103 103 *— ,—.1963 P. A 103 10 D 1) Dor 50 May May 103 26%May 26 16% Feb 19 ,98 Maris i 85 Jan 30 i 51 Nov 12 100 *95- 102 50 Wright Aero nautical. ..A'o par 86- 62 500 Wrigley (Win) Jr (Del) .No par 62 ; 53% Oct 16 Apr 23 Nov 14 34% Jan 7 ,2534 July. 22 147 v? Aug 21 Jan 3*4 May 45 116 June Jan 1634 May 30 Maj 13% Maj r 634 7% 70 General 5s series B.,.>> 1974 General g 4 Ms series C f 1977 J General 4Mb series D- ——1981 j D j Philadelphia Co coll tr 4MS- --1961 J Phila Electric 1st A ref 3Ms... 1967 m 8 Jan 109 106)4 107)4 111M 111M 34% Nov ,;1951 Phillips Petrol 1M» debs 42% Apr 24% May 102% Ocl j j Series B 4Ms guarY.-.. -.1942 Series C 4 M8 guar... - .....1942 J/N 39 June Oct Series E3M« guar gold..—,1949 FA June 129. Apr 80,. Jan 73 May ,93 Apr -vSeries F 4s guar gold...'——1953 ID Series G 4s guar;...—j;1957 M N T: Series H cons guar 4s.......1960 f a Nov . Series D 4s guar. — Series I cons 4Ms. I , 35 35% 86% *83 11% 12% 11% 881 12% 18% 18% 12% 13% *118% 118% ft 38% *84 11% ft to 18% 19 18% >, 18% 13 1234 13 13% 118% 118% *119 119% '8 8 8': 34% 33% 34% 86' 84 84 *81 85 11% 11% 12 .12 121 34 34% 1,000 5,600 50 1,000 8,200 100 2,900 Yale A Towne Mfg Co.....26 Yellow Truck A Coach cl B.. 1 Preferred .100 ..... Young Spring & Wire.-A'o Yoirigstoen SAT—.. .No par par 516% preferred series A. 100 Youugst'n Steel Door..No par , ? 17% Apr24 11% Apr 21 114 8 Feb 25 Nov 12 •30% Apr 18 83 Apr 26 11% Nov 12 22% Jan 8 17% Jan 10 120 Jan 10 12% Jan 11 .42% Jan 6 95 Aug 5 18% Jan 6 15% May »»4 May 98 Maj 6% June 25 Jan ♦108M, Y;y._Y- 110 109 109 ItLM' HOM 113 110 ♦113M 110M 110)4 110 110 110 • 117 117 103 , . 'rtH 112M 121% 121M 109)4 113)4 108% 113)4, 104 102 104 M 101M 104M .99 ,101)1 >105)1- 126% Sept 14 Apr 104 Pitts Coke A Iron conv 4 Ms A. 1952 m s I) 48% Jan Pitts Steel 1st mtge 4 Ms.;.—: I960 J 99% 28% Deo Pitts Va A Cnar 1st 4s guar...1943 M N Jan Pitts A W Va 1st 4Ms ser A-l. 1968 >e D B....;_195« AO series 1st mtge 4Ms series C-.1st mtge 4Ms — .1960 A Pitts Y A Ash 1st 4s ser A; ,—1948 O V 100M 100 M- 100 M 106M 62 M 62 106)4 108 M 51)4 69% 52 ' ' 70 • 63 62 M 62 % % 63 52 *108M 106 V 70 108M ' 5? series B.;„i: .^.; .1962 FA r.'1st gen 5s series .Ci'i.Y,I;-; 1974 j D • *9% 2% * 10 2%! 10 2% 101- 9% 10% 2% 2% 2% Bid and asked prices; no sales on this day. ♦ 9% 10!% 2% 2% 10% 4)500 3 10% In receivership, 4.100 d Def. dalivsry. Zenith Radio CotNo par 1 Zanite Products O iro... -# New stock. • r, • sale, x 8% Oct 16 1% Apr 23 Ex-dlv. 15% Apr 3 3% Oct 25 v Ex-rights,;; 8% May -2 Mm 17% Apt 43, Apr f Called for redemption,y' '1st gen 1st 4Ms series D—. 1977 J D — For footnotes see page 1083. *118 *99 )4 • lll„UH>, ■:*113 Gen 4 Ms series C.—. • -,f .y-'i.J.i, lOl'u 104 105)4 1O0M 108M 110*4 1 105 121M U0M 80 May 101*16 *120 % 26% June 12%May 33 -1 a 1963 F series A....... 1970 J D Gen mtge 5s series B....... 1975 a o J 1977 J Jan 19% < .1964 m N —.. Gen mtge 5s 18% * *103)4 " 13% 13% 118% 118% 8i*> 8% 3434 35% £ i 7 105 T017i« —"—1945 MN .—...... Series J cons guar 4 Ms 6 ■. 104M tAr AO 91 y Ocl 68 104 M M 74 108 6)4 v:f<, Pittsburgh Cine Chi A St Louis— 73% Aug 21 75% Aug 2,1 July 24 95 6 *4 83(4 108M 104 y, 107 M 108M 112 16 M 28 M 3)4 7M, 4)4 8*4 3M 7M 99 M 105M 26)4 25M " --;;; 54)4 106)4 109 116)4 120 M 113J4' 115 M 116 109 ?6M — U8M 74 60 100 120 111 M ♦Conv deb 6s......-.—...1949 m 8 ♦Certificates of deposit 53 106 M ^♦Philippine Ry lsts f 4s—1937 J;J ^♦Phlla A Read C A I ref 5s.-1973 07% 62 " 111 ;.i 4M 9% 100 110 109 M Apt Apr July 14 02)4 106)4 100 ♦106M *118M Mai 121% Mar 05% "73M 26 M June June 71 M *59 62 % J j 91)4 ; 114)4 42)4 42)4 5 5M *115 104)4 107 116)4 *4M *107M j 97 M 100 115 — 42 % 100 116 99)4 105 86 116M 71M 98 00 '80M *107 A 60 29 110 93 101M July 30 .122 112 100 % 66 130 HIM 86 M Peoria A Pckin Un st 5Ms..,; 1974 F A Marquette 1st ser A 5s.,,1956 J" J 1st 4s series B 1956 J Api '•'j 3% Apr . 104)4 108 M 100 M Phila Bait A Wash lst g 48—1943 MJV 3% 105)4 94 % 24% May Ocl Jau 120)4 125 M 104 M 112 M 123 M 101)4 Jau 3% Maj 94 123M Peoples Gas L A C cons 6s....1943 i o Refunding gold 5s.,1947 M S Perria A Eastern 4s ext.......I960 A O ♦income 4s. Apr 1990 Apr Nov (Y 111)4 115)4 111'^ 114)4 112 M 93 % 92 M 1434 May 38 112M 112M H2M "m'% 100 111 104)4 107%: ♦104M J00M >11% Apr 7% May 67% Mai 4% Mai 106)4 HOM 93 1st g 4Mb series C-,,;. — ,..1980 m 8 Phelps Dodge conv 3 M» deb... 1952 j D 734 Aug 7% Maj 108 109M 101 — Api Der s; ,■■■, May 105 110M 1981 Gen mtge 4M« series E.Y...1984 Conv deb 3>i8— r—.1952 — 11% 17% 7 104)4 10414 106)4 106 Y 110 103M 107 104)4 105)4 102M 105 ..,..,1970 Debenture g 4Ms I- Pere 33% Jan 103 106 93% —, General 4Mb series A.—>-..1965 J General 5s series B ....1968 J 74% Nov Oct 31 ,7% preferred A.—100 6% preferred B.j 100 Prior pref 4M% series.. 100 Prior pf 414% conv ser— 100 ""266 108 ' 103 109 109 % 35% 5% Jan 13 Sept 17 Sept 18 * 110M Jim 18% May 7 96 08 107 105% 120)4 126 •28 V 107 61 77 123M 96 60 M 100)4 94 100M 100)4 41M 57 53 M M.. 90 M — 37% May 38% Fet 109% Der 80 Out 27»4 May . Jan 14 6 10 53 ♦121 96 52 56 M 100 M 100 K D 70- 1L4:June Woolwortti (F W) Co 100 M M" I) stpd doll ir May 1.1948 MN C——.1970 4 O Consol sinking fund 4 Ms. 1960 F .4 Nov 1»4 Wonthingt'n PAM(Dei)A'o par 100 M 100 M 4s sterl Jan 140 V i'i A 3 23 101M 105)4 56 V/N Gen mtge 3^8 series Jan Jun May 2% Jail 11 Woodward Iron Co,—.,—.10 104 H- 105 M 100 % ♦io4M: J 30% July 31 109% Oct 17 6% pref.100 104 M Pennsylvania RR cons g 4s„ .1943 \1N Consol gold 4s....,-... ..1948 .V/N Jan 28*4 28% , May 2%May 12 3% Apr 18 4% Apr 24 65% Feb 15 86 preferred....;...A'o par 106)4 110)4 107)4 111M 104 .» 105 M I960 Jau 110 3 l%May 00 80 110M J >.1981 Pcnna Pow A Lt 3Ms'-,.— .—-1969 4 Ms debentures 1974 Y 8% Apr Doe 15% May , 88 % 1O0M O 4Mb A '77 Apr 5 .' 14% May 1% Apr 16 j Wilson A Co lac—..._A*o par 1,100 4% Feb 16 20% Feb l4 10 6 3% Oct.16 >41 20 Prior preferred—;... 108)4 111M 104'4 100 M 83'< 91 ; 89 *110%' 4Ms series B Api 40% 2% May 85 17% Jan- -9 8% July 11 5% Jan 10 54%June 28 26% July 31 105M 1942 1944 ctfs C Peunsyl Glass Sand 3 Ms 25% Maji M ay 11 Jan 15% July 25 110M .Oct July 23 7 1,000 140 "62y May 19 iiOM 110-'',! 114)4 109)4 112M . 28-year4s......Y Jan 76 10% Jan H 105 M >88M 87 M 60 U3 % M Guar 4sser E trust ctfs."....1952 Jan Jan 12% Feb 14 4 Apr 21 1 88 M .V, 1942 Y Guar 3trust ctfs P.. Dec 198 June 21 Mar 22 85 conv prior pref...A'o par 3,400 *111% 126 52'" 521" *51% 57 " 56% *55 *50 *55 100 63% 11384 *23% 27% 19% Oot 28 71 White Motor Co *111% 116 57 f 63% 23% $4.50 $4 conv preferred....No par 2% 1% 105)4 107 M 78M 89)4 82 M 112M f g 3,s loan ctfs., Pennsylvania Co— June 31%Nov 6 24% July 22 White Dental Mfg (The SS) .20 400 113M 117M 113M 117M Feb Api 115 7%May 13 200 ""260 Y ♦87 8 80 Dee 100% May 9 Feb , . 5H% co.nv pref—......100 3% 108M 112*4 112 88 M Parmelee Trans deb 6s Apr Ap> 29% July 22 5% Oct 18! - Wheeling & L Erie Ry Co.100 23% 108M 113M 107, 81 • 105 M Apr 1 36% July 14 112 Aug 9 52 1 104 113M 8 29% 75 4% July 31 9 July 31 2% Nov 13 , 4% 2d preferred.'.- ...100 6% pref .100 Western Pacific 3 100 . 2 13 :> 114 M *87 ♦Paulista Ry 1st 8 f 7s 110% 34% Jan 10 900 82M 110 —.1955 F A Paramount Pictures 3%s deb.. 1947 M 8 4s debeitures... ,. 1950 M-S Dec 108% May 107% Jan IS 117% Jan 3 6 1 2.600 110 M 106 1940 J Pat A Passaic G A E cpns 5s. T1949 M 24 May 2% May ■ Jan 10 > 13 14 434 9- 107*4 108 % 110M 1UM 109 M 102% 106 M 100*4 104 '4 101M 103 M 100)4 107)4 108% 105M 109 108M 113m 28«4 20% 13% May 80 July 31 West vac o Cnlor Prod—'No par 1,100 3)4 106 *114 34i« Nov 90% May 100 Weston Elec Instrument.12.60 30 3 i08M "I3 ♦I03?f> J——1970 J 1st M Feb 60% May Maj 115 7% preferred...100 6% preferred._YY,.....100 West Penn Pr Co 4 M% pf. 100 71 71 26% 27% i 19% 19% 123% 123% *123 t 101' 63% *3% *48% *22«4 1% 28% 20% *83% 2 7% 7% *103 H \ Panhandle East P L 3s B.....I960 MN Paramount Broadway Corp— i 2% Sept % May 334 May >•12*4 Sept 22 106% Jan 25 100 27«4 *4% 2 57 18% 107M U0M 109 M 112)4 Jan 1% ' 91 140 95 12% 13»4 1% *98 19 50 % 14 ... 107 M 102 M v/ N —. ; J Pacific Tel A Tel 3^8 ser B.,.1966 A Oj Ref mtge 3%s series C_—1966 j i) Paducah A 111 lsts f g 4M?—,1955 JyJ 0% Nov 9% J. 16% May 68®4 Aug Oct 18 200 *65% 2% *53% *18% 00M 51, Wt 1st A ref mtge 3s ser 35% Jan .16% Feb .Jfuin- -25!? July 31 74% Jan IS 93 34 27% 2 *23 125 *13% 13% *118% 119% *8% • *105M §*Pac RR of Mo 1st ext g 4s.. 1938 F S*2d ext gold 58 — — — 1938 J 23% May 104% Der May 3% Dec % May 5 Westlnghouse El A Mfg—50 1st preferred.... 50 23,600 • 7% 107M U2J4 9% Nov > 18% May 7 30% *93% 1% , 231 140 *63 3% 52 23 *111 111M 1st A ref mtge 3%s ser H—.1961 J 1st A ref mtge 3Ms ser I——1966 J June 8. :,<■ '38 Feb 19 17%Nov 14 13% Ont 30 12% Oct 17 , 5 Wayne Pump Co 1% July 31 21% Oct 22 Sept 17 23% Jan 13 17% July 22 20% Jan 6 % Mar-11 par pat Western Union Telegraph. 100 109% 109% 61% .*54 1.4 4% 23 23v4 *123 108M lUM *101 $ ; 1961 - W-'r ,v •» 5% Maj 10% May i 1 %Junc PicturesY--..5 53.85 preferred 4 13 13 16 31 7% preferred ..........100 Warner Bros 9% Apr .22% Jail «4 105% Jan 6 6% Jan 6 36 Sept 18 15% Sept 18 6% Sept 9 i96%June 27 M% pref with warr.... 100 Walworth Co Westinghouse Air BrakeNo par 119% 120' *27% *33% 27% *48 52 4% 125 , 9 46 108 M 108M Pacific Gas A El 4s series G—-1964 J - 9.100 77% 75% 14 7214 140! 64% 95 68% 4l.i *110 *63% 61-% *13 5% 7034 *123 *52 ; *6334 *113% ■ . 14 6% 72 4 27% 68% 4% 6 72 *112% 24 4% 3<" 3% 52 24 1% 13% 5 *23% *2 68% *13 14% *45 53 M Maj 15,300 28% 17% 17% 74% 121% 121% 34% *108 52 • 58M 70 62 62 Y Nov 120 4 • .1943 — Otis Steel 1st mtge A 4 J$s—1962 J Api Jiine 2l West Penn El class A..No par 103% 91 2% 19% 100 93 93%. 91 91 91% 25 • *102% 103% *103 *105% 107 19% 75 '241 , M y 53% 51% ■ 107 m Ge neral 4 M s series D 75 64M 63M 53 53 47M 44 M 47M 2 39 36 - 39 102 % A Jan 48 08% May 4 105 7% preferred .... 20% *71 95 *93% *116% 117 1*116% 116% I 17% 17341 .*« 173. 18% >*17% 30 19% ; • 63 % 39 49 M 102% Ontario Power N F 1st gu5s Nov 143 Ward Baking Co cl A. .No par 4% *"i« 4% 70% 4% z70% 35 *92% 39 Oregon RR A Nav con g 4h....1946 Orejghort 1,1 ne 1st cons g 5s,—c 1946 i!) Guarstpdcons5s..1946 Feb 15 Walgreen Go.'..A'o par 4,000 19 19 4% 21% 95 "78 48 % "49" 106 M Pa Ohio A Det 1st A ref *92% 42 % ♦108M COM Ontario Transmission 1st 5s... 1945 Mar 27 Waldorf System 4 *3% 19% 71 80M 70M 72 41 41M 170 j Od 89 — 600 3434 .14% 4% % 35 21% 45 68M 67M 72 70 jj ;.Aug 135 Preferred..... —Y. 400 '•> 19% *103% 105 "is % 19% 71 60 M j 31% Mar 4%, Jan ;31»4 Jan Maj 1% May >.14 23% Sept 16 42. 1907 3%s —...._Yr';i;-1972 1st mtge Oklahoma Gas A Elec 3 60 10b , 8 •19% 14% *3% 36'« 21% 21% *70% 83 46'4 —. 02 Aug W % *18 4% *75 *75 115 67 78 'i■ 27% Sept 10 2% Jan g 28% July '8 118% July 23 I". 1% Nov 12 110% Apr 22 ...25 6% preferred.. .... 14% *2% 19% 13% 113 - 49i» May Vulcan Detlnnlng Go..... 100 110 4 34 13% < H6M *05 1966 j 4s debentures.1946 j Mar 117% July Mar 13 6% div partic preferred. 100 *100 112 20 5 1,100 3% 33% % 19% 35% 18% *13% % 19% 36 *113M 106 y,-: '..M Northern States power Co— — 36 122 M 123 *60 F Q A Q .. 1st mtge4s '22% June 60 23% 23% *116% 117 8 19% 104 4 34 % 4% 72% 5 2047 2047 Y Ref & lmpt 4 Yps series A — J ./ Ref A impt 6s series B ; Y»*- Y. 2047 iJ Ref A impt 5s series C. _rY.. 2047 j Jan U May Aug 20 Va-Carollna 15 26 6 Mar'26 Victor Chemical Works *34 . 57 y.-YY 7% 4% , 19 20 4% 105 % *4 Jan 2047 t§*Og A LCham 1st gu g 4s..,1948)j j Ohio Connecting Ry 1st 4s...; 1943 m s Ohio Edison 1st mtge 4a. —...1905 m n 66 1,400 134 19% 7% 19% 14% *14% I3(n *14% . 8 19% *104% 105 4 4% 33% 33% 105 4% . *115M 117 70% Q Apr Aug 20 ■ 8 103M 107 125M 129)4 107»4 103 O 19 Mar 26 1,900 *134 19% 8 19% ... 104 M 104 M 104M 4s registered.;..i. v+>. 1997 Q Pacific Coast Co 1st g 5s. *7% 104 ,105 O Northwestern Teleg 4 57 1% . 110 134 *31% ; *■19% A Jan 66 23% 32 *100 r F Der ...100 5% preferred 1% .. 15 *34 110 *134 105 M 105 105_ . 128 Vtcks Shreve & Pac Ry.,.100 23% . 1% 23% i 23% 24 117 117 23 1% ! 149 *100 139 _..... Gen lien ry & Id g 3s... v'Y 18% Nov ;» 70 35% Maj 66*4 Jan jj'; >23 1% *134 ........1959 FA »i» Nov J3 June Aug 8 July 30 85 23% 1% 129 % I05M 129M A ' 03%. Der i.. July 10 10 64 1% 1% -Y' A 129 45 O cellatlon of guarantee).... 1945 A ♦Certificates of deposit..... A pi Alar 17 700 V 42% 85 Apr 18 200 11% 64 15 2 Vanadium Corp of Am .No par 26 85 »u Jan , Preferred—YY-Y: —Y—Y,. 100 114 *41 No par 5,606 20% 26 42% VadseoSales... 1,400 27 19% 60 ,... * 22% 23% 23% 1% *24 *113 114 114 23% 1% *23% 25% 20% 11% 25% 19% 114 *113 60 *—Y-; 85 *24 26% 19% 3a a 'is *22% , 114 *41% 42% *41% *-- w. %« Closed— 11% 26% 26% *113 114 ■ 1996 .1949 F . ..1954 ■ 0 Exchange 21% 11% 11% 26% *10% 25% *113 27 *24 21% *24 % 1# 44 4p. g ^Northern Ohio Ry— •>: ♦ 1st gtd g 5sv— ..1945 A ♦1st mtge g 5s (stamped can Stock ' % 29 28 108 *100 Juni 69 12M 77 1941 159 c 3 29 ♦27 FA 1974 M 8 Gen & ref 4 Mis scries A.1974 M S 76% Nov Jun» 103 M W% 112)4 108M noM 102M 104)4 109 1 12 67% Nov *73% Der Maj 41 j- 103 103 M ill M 110 M 102«3i 2M 13 m% 92 95 M 109 12 % Debenture 4s Jai 117 v 28 > 27 North Cent gon & ref 5s Jan« 130 Nov 103% Maj 29% Dei t .39% Apr 50 42% Jun. j Dec ?; :i% dm i'V2V Api 1% Jan 62 May '4 108)4 111M 1 27% Debenture 3^s.. ;, A pi 42 3 21 27 Norf & Western Ry 1st North Amer Co deb 3 No» 1-% : • 108lsie 27% ization manager) 5s Jan 39 Maj niM 102", 6l02"i# izatlon manager) 5s...... 1961 ♦Ctfs of dep (issued by reorgan¬ North Pacific prlorJien 4s 6 Jan 13 33% Jan IB 44% Apr 25 United Stockyards Corp.... 1 58 151 162 *157 1 Mar 27 42 $6 conv preferred..'. .No par 1,900 "8 70% Jan 130 2 III H A pi 24 60 15 H 1654 95 Maj 38% , 61M ♦Certificates of dcocslt......... ♦Ctfs of dep (Issued by reorgau Apr 74 Dec 68% May 39% Maj . nm J§fNorf South 1st A ref 5s.....1961 Apr 'I2»4 % Mat 15 Ma) 40 9 % 3 3M 6% Mai >35 Dec 27% Jum , 3M Jan 22 . 2% July 23 26 *3 90.. 108 M Nm Auk • High 105M 103 M 9 MY niM Niagara Share (Mo) deb 5^s..l950 89 .Maj 0 34% Feb 7 26 Sept '24 5 Nov. 115%June 22 -Nov 7% preferred..........F25 *157 *150 *150 162 *156 160 160 90 108 M 182% May 21 s4 Jum 2 5 22 "h" VA TelepSJisserB...; 1967 0a.........1946 ' 1946 Jan Der 7-% 48 31% Aug 49% Apr 21 ; -.100 5,900 VV. % *46 14% 46 .No var 4.... ■ *148 l Niag Lock & Ont Pow 1st 5s A. 1955 II 3% Mac 28% Sept 17 103%Sept 11 65% Apr 4 49 Mitt--.-50 ....50 - ■ 1 Maj 12% Juni Low No 36 •*2M 1943 Ap- b7 5% Ma) Oct 105 7% 7% I Jan Mft) 2% Maj Since 108M 35 *4*N Y West <fc Bost 1st 4^8—1946 1334 Mar 165 12 69% Nov 14 100 Corp.. Preferred...,, 30. *56 58 46 2,200 22% 22% % *56 43% 48 2,300 *49 ■;V 34 58 U 8 Steel 33,500 52% 22% 49 % % *56 53 15 *55% 22% 49 % % % % % 53 15 49% 53% 116% 116% 52% 51% 116% 117% 49 *48% % "i "l« % *55% 23% 49 23% 2314 < *48% 108 0n stanmed... Maj 50 >' 4% Aug 13 10% Sept 16 6 "isJune 4 17% Feb 14 80% Feb 15 8 33% Aug 2f) «• ,18% Apr 12 1 8% 1st oreferred; Apr 22 5% Apr 24 U S Rubber 800 100 '■ ' 117% 117% 23% 22% 117% 119% 119 52% 50% 52% 51% 52% 52% High Low N Y Trap Rook 1st Oct A 119 ♦Terminal 1st gold 5a ■ 15 Dec ■ 5 9%June 27 Apr ,18 3 3% Range Jan. oawj Dor f 5% May 80 Jan 14 43 Feb 10 20 ; fU S Realty A Impt...No par 300 24% 33 50 U S Plywood Corp 2,100 72 24 *93 »%« Price — Jan MR D« r 3 • July 19 69% Jan 183 54% Feb 24 25 13 '26% Apr 26 *39 ; 93% Oct 24 19 July 22 9% Feb 19 US Distrib Corp conv pref Y 100 175% 175% 10% 40% 2% Feb 19 US & ForeignRecur...No var 30 10 93 40% 1 Mai 5-% 107% Juni 6 Juni 4% Sept 9 4 July 28 "u 1 Friday's Bid rfc Asked Railroad & Indus. Cos. (Cont.) lst3^s ..1963 t §*N Y Susfi & W 1st ref 5a —1937 §*2d gold 4J^ar ...1937 §*Gencral gold 5a 4>..1940 05% Ma> May 9% Jan 22 14%Sept 19 l%# 1 60 Sept. 9 10% Jan 15 14 NY Steam Corp Ap< 0 Dec 75 117 8% Apr 25 •01" 26% 26% 2% May ?5% Maj United Mer A Manu Ino vtc.l *29% 24 JL 3,200 177% *173% 177% • 6% 0% *8% Nov 13% 15 40% 29% 102 *101% 103 27 27% 27% 31 ♦29% 21% , 7% 334 Maj 2 Sppi 5% July 24 42 Jan. 8 4% Nov 12 United Gas Improv't—lVo oar ♦23 *8% Range or Sale] EXCHANGE Highest share t per shari per 3% Sept 10 42 20%May 16 3% Apr 21 33%May 5 60 May 29 13% *90 16% 11 46% 3% *101'4 104 *70 -10 40% 29% 3% 8% *70 - - Vs *2% \p9'r 93 6% 29% *3% 24 - S 6%Sept 18 3 13% *3% 29 29% 3'?, 8% - Lowest % [per share' 2%June - 3,700 51.1 106 100 100 3% *175 72% 71% 5% ;,y 5 71% 100 13% 2% .... Highest S per share -100 U nl'ted Electric Coal Cos... 5 400 35 35 United Dye -vcod Corp... 2,200 4% ' 29l2 *511i 4% yY. 4% 35 13% *39 *3'j 1 y y..-"Cjl-;/.■",,'Y: Far Preferred Y. STOCK Niagara Falls Power 31$8.;.._1966 5 106% 15% 10% 44% 6% 2912 27% 50 *34% 70% Y'5 40% *39 40U *39 39% 34% 72% *91 :f YYyY y United Drug lad.. i-- 200 39% 3% 50% 177% *175'4 17712 *175 6% *6% 6% 2% 38% 13% 4 3 93% 16% Ills 2% 931.1 214 138% y. 4% 4% 14 *3% 93U 1712 11'8 51 106 13% 4 3% 9314 70 106% 106% 14 *1614 *10% 34% 72 5% 6% 2% 4%4% N. Year 1940 „ Week Ended Nov. Lowest 9,800 5% .'*2% Week's Last I BONDS • . • Shares 6 5% 2% 2%. *39 5 5 5% *10012 107"s *3">4 35 71% 514 14 2% 40 35 ! *39% 4212 4% ' 5 *34% 30 71U 7111 Y! 6 Range for Previous EXCHANGE 40% 5% 6 1 On Basis of 100-Share Lots Week 14 $ per share $ per share $ per share 5% *2% 39% 4% 6 2% Nov. 'Nov. 13 12 Nov. Range Since Jan STOCKS the Friday Thursday Wednesday Tuesday 1 NEW- YORK STOCK for 117,.,, l!9)f 154 Volume w THE COMMERCIAL & FINANCIAL CHRONICLE Number 4008 1083 NEW YORK BOND RECORD BONDS Week Ended Nov, 14 , Range Sale M Bid Price 85% 5 1st 5s extended to..1950 J ■« • mm "3 93 111% 6 1 104 J 71% 76 77% 76% J 101% 10 -U 12% 11 105% M N 104% 104% \{ N 101% f 7s. j..—1946 J 1946 J J ./ - , ••■,, .1952 M N Jm • ^ ■ w„> „ .......1955 AO ii' ^ „ rn 1 6% .6% W 4s s f conv debentures......1952 If ♦1st 1 con & coll trust4s A.b;1949 A D—,1977 5 i Vf ,S *110% 109% M M 11% ,S i- Gen mtge 3%s series I.....1967 M Gen mtge -'1 - 3%s series J.... .1969 13*R I Ark & Louis 1st 4%s.. 1934 ♦Ruhr Chemical s f 6s... -1948 {♦Rut-Canadian 4s stpd... —1949 A O J ./ {{♦Rutland RR4%sstpd.. —1941 J J - 11% 6 - - -C -s 6% ;• 107 106 Superior Oil 3%s debs......,..1950 4 O Swift & Co 2%s debs ....1961 ,WN 5s.. 1951 J 5s...,1944 F Tenn Coal Iron A RR gen Term Assn St L 1st cons 96H ; Texas & N O con gold .1943 5s.. J re 5s series C—— Gen & ref 5s series D—1980 I 1964 4s..1960 ♦AdJ Income 5s....... Jan 1960 § ♦Third Ave RR 1st g 5 s..' 1937 110% 7% 16% 7% 31 St Lawr & Adir 1st g 5s....A. 1996 J ./ *55 1996 AO *50 1 2d gold 6s ; J V-'- 62" .24. J •■'•> -72 ♦Certificates of deposit.. {♦St L Peor A N W 1st 5s.. 1948 J "j gu 1959 M St L Pub Serv 1st mtge 5s St L Rocky Mt&P 5sstpd...1955 34 34 82 1953 14 13% 13 W8 15% 14% 14% 14% 1989 MY J ♦2d 4s inc bond ctfs....Nov 1989 J 76% 76 w» . {♦1st term A ♦Gen A ref g unifying 5s..,.. 1952 J 5s series A.... 1990 J St Paul A Dul 1st con g 1st A land grant %8—1947 J J {{♦StPA KCStlL gu 4%s.;1941 F A I ♦.St Paul E Or Trk 1st 4 Santa Fe Pres A Phen 1st 5s. Scioto V A N E 1st gu 4S 1 4 18% 39 W-l 'J 3% 8 - - • 93 106% — .... ♦Adjustment 5s f'Refunding 4s.. /;.. . ..1950 1950 Oct 1949 ^ A O F A -t'w — A .1969 . —J •;i ■ 0% ♦Certificates of deposit....... cons 6» series A........1945 M .S ♦Certificates of deposit... - - 7% {{♦Atl A Blrm 1st gu 4s...1933 ,S 4% 296 59 •9 v , '' F A F {♦.Seaboard All Fla 6s A ctfS—1935 ♦6s Series B certificates 1935 A - -. 3% Shell Union Oil 2%s debs.—.1954 I -J 2%ssf deb8..w......--.:i-1961 J J J 3% 99% •• 1) f binyetsu El Pow 1st 6%s— 1952 ♦Siemens A Halska deb 6 %s... ♦,-Hesia Elec Corp G%s M 1951 1946 S F ...... -3% 3% 99% 101% - .4 42 *5 O ......: *103% Skelly Oil 3s debs— —..1950 103% 103% ..... 82 2-C - *102% • 102 « 1 r - - 109 v 68% 15 • 113 * 90 113% 59% 111 4 101% 107% lit 111% 42 110% 114% 111% J O 96 100 % 26 96% 101% 107% 107 O A 112% 16 99% 24 102% 107% 110 99% 99% D A 110 99% 110 99% MY *107% 76% 76% 92 M S 109% 76% 92 95 *107 104% 107% 78 82% 95 107 108% 1 65% 106 ..... MN MN *100 MN MN MN 100 MN »■ - i , - *100% xuiw'w*100% - - - - - 4 1 100 *101 1 MN 1 1 MN *101%. *101% 102% 1.95s.__——.... Maiy 102% 1 1 1 MN 102% *101% 1 MN L' *101% 102% 1 1951 MN 102%: 102% 102% • *101% r--i •' - - ---- 101 100 ' 71% 23% 4-r -4' 203 •21M 21 % 22 M 20M *20 M 21% 21% 1 27 2.25s . ..May ^,'A" J 24 21% 23% 22% A 22% 7% *.'•« mim- 22% 71% 7H 102 21% ' u4»4 ^4-«n 21% 7% 22% 3 22% " „ - - 45% • 236 22% 4 25% 7% »'L - - 78 CO .... 3 83% 84% 10 77% *96% 97% J-i. 91 96 96% 10 92% 97 85% 88 36 51% 80 32 38% 05 73% 102% * A 87 90% ; D U'w m-u- - 102 - 102 102% 100% 102% 100% 102% 100 103% .... 1 100 102% 100% 103 .'•V— -7-' 1 102 , *101 MN - L'L - + i. * ir- - 100% 108% 4- 108% I'Um4 125% 109% 125% 17 110% 9 124% 128% 107% 111 111% 111% 1 111 112% 89% 112% 1 91% 48 37 109% 112% 88% 9JW 99% 104% *108 125 % D 72% *107 - 1963 M S 4-'-'4- 1st mtge 3 Ms series 1 1966 J Western.Maryland 1st 4s—...1952 A 37% v.... *66"" Washington Cent 1st gold 4s.. 1948 Q M Wash Term 1st gu 3%s....— 1945 F A k 1st 40-year guar 4s 1945 F A i ^44 i J ■4i-i'-i 90 X O West N Y & Pa gen gold 4s.. *-.,4.' 4« 114 99% 100-% *104 % 106% "25*- 24% 25% 48 24 23% 85% 25% 226 80% 46 71% 21 73% 100 H J ^♦Western Pac 1st 5s :*5sasseited. .1943 A 1946 M S 1946 Af 8 Western Union Teleg g 4MS...1950 25-year gold 5s 1951 J 30-year 5s;....*.::..:....1960 M ♦Westphalia Un El Power 6s._1953 J With declaration. ..V ser A ■; ..... 86 87 a 85 «. j ^ 3s...;. 1954 J ] > 104 «• * 44 i-i - 27 15 10 33 - 42 56% 10 40% 52 «. - 45 » 4 .104% 104 96 H 96% 96% 106% 103% 106% 103% 112% 115 92% 90% 41 6 .*— 1 Winston-Salem S B 1st 4S.....1960 J 101% 105 115 *114 r *114% ...... 10 M "16% 27 43% 26% 42% 3 7 '• 13% 41 7% 13% 11% 11% no a *9% 110% §*Su & Du div & ter 1st 4s. .1936 M N .1. i; 115 114 mm -4- 16 40 ... 105% 107% 103 104% 10 - 40% 39 39 H 4s... 1949 J ♦Certificates of deposit 4 40% % 42% : 40 H 1 A ♦Certificates of deposit.... 7 42 - S v; 86% 89 86% 74 101 • ' 114 "42 ........2361 J gen 86% i 104% 107 15 30% 15 29% ' • West Shore 1st 4s guar..:....2361 J Registered... 89 87% 86 ...... , 1 H 'M - 110% i09% *11% 109% 1 102 M 101% 102% 93 101% 103% 101H Wisconsin Elec Power 3 Ms 1968 A Wise Public Service 3M8...--1971 / 2 101% 102% 42 96% 103% {♦Wor & Conn East 1st 4M6..1943 J MN MN 1023H 105% 102% "hi"' O "** " " 108% 111% 106% 110 '■*" 100"% 102 100 1C2 .... " Nov 4_ u - 31% W 5 D 1955 A Warren RR 1st ref gu g 3 %»._ .2006 F {♦Wis Cent 50-yr 1st 100% 100% 100% 101 100% 1C' % 102% 2.10s...: 83% n m O U-w-»4 ...1945 J 1955 A ............ n'"-Coov-'deb5M:^;:;i4^.:::;.':;:i947 .4 - 102 *101% J 4. 100 100% 100% w- - J *100% *101 i - «. - - . . - vi- *101% 2.20s.—.. ...'..'.Nov "« 12 24 23% *21 Wheeling Steel 1st 3Ms ser B..1966 \1 Wilson & Co 1st M 4s A.; 1955 J 100 100 *100 MN *102 '2.159——-——May 52% * * 15 21M 21M - a 71M 1st & ref 5%s series A——1977 J 5 106% MN 54 2 1* *69 M '' 32% 63% 30 ■ 22 M 21M 33% 32% • 102"32 107 102 "32 106% MN 103% 100 - 100 103% 100% 104% .. 3 '.:4 V:-'," /*.; . Youngstown Sheet & TubeConv deb 4s 1st mtee s f a ....... 3Ms ser D... Deferred delivery sale not included in the year's range, d Ex-interest, e Odd-lot n 'Jnder-the-rule sale not Included in the Cash sale not included In the year's range. "•''A'<A:v sale not Included in the year's range-, year's range, r t The price represented is the dollar quota¬ Accrued interest payable at the exchange rate § Negotiability impaired by maturity, 85 2.30s. L..——;.Noy 2.35s v: 2.50s... — — 2.55.S...1... 106% 109% 103 109% 104 106% — 101% 1 MN May *102 tion per 200-pound unit of bonds. of $4.8484. 100 2 102% 1.02% ''I" 103 101 103% 100% 104% 102 104% 5 102% 103 4 | 103% 100% 104% .... 102% 102% 11954 MN MN 1 -Nov 7 103 *101% *102% MN 1 ..May 2.65s...: 101% 101% 1 1953 MN —.Nov 2.60s 101% MN 100,% 104 100 102% *101% MN 1 NoV .....May 2.45s.. 122% 100% 104 1 1951 MN 1 "...May : 2.40S...L 5 20,% 15 102' »32 - 1 119 45 6s debe ntures >8-•'•:•'• -'8 7% *6%f (£m w V44-.- 1 45% 79 83 77% 13 '.'—I* *21 % - 78% 73% 2 *27 H ""23M *• + 29% 2m 88 • 2.05»:—L————May 3 171 62% *78 % S 6 113% 67 - MN 103% 107% 10 109% 100% 108% 108% 105% *59 % 79 « « {§♦ Warren Bros Co deb 6s.:. 1941 M 8% 13% 1.85s..—.j—May '»:■ 74 44 260 40 29 H 93% 102% 105% 107% 3 2.00s. ..L.... ....Nov 73% 32%. 60 96 M 9 •y 1.80s--.—-.U-.-Nov ■. 4. 42 » W'K W •' . S - MN v 90 65 106% 109% * I -J* Warner Bros Pict 6s debs.i—1948 M "5 107 *_ " J 1 May 78 73 H ',60 84% 103"s2 104% z«. 1 'jT * J. 101% 104% 19 107% 106% *116 - 102 *106 — A 3 • 84% - 13 *120 VN A i - 1.75s_._L——-Mdy - 102% 104% .... •; 109 70% 24 ;1 1.625s... j.. ...—Nov 4% 4% 99% 101% 7% 103% A 109 6 ; ...May 1.50s. 8% 31 A J 82% 1 1 1 .-Nov 29% ..... A I — * - 15 74 •••1 Wheeling & L E RR 4s.......1949 M May -... 43 F 1947 97 ..... F Southern Colo Power 6s A 81 J : —Nov -875s. 1.376J..—-i——No» :• '' 8 101% {{♦Silesian-Am Corp coll tr 7s. 1941 1952 100% O —— ,75 s... ———-May - — 17% 2% 94% 39 99% Simmons Co deb 4s Socony-Vacuum OH 3s debs.. .1964 J J South A Nor Ala RR gu 5s.—1963 A O South Bell Tel A Tel 3%s._'._. 1962 A O J 3s debentures —.1979 J Walworth Co 1st M 48-.: A " 10 i 3% *35 3% 10% 85 3% ?' *20% ...... Walker (Hiram) G & W— Convertible deb 4Ms 37% 1.908..Nov 7% - 99% 101% .... Serial debentures V. 7% 6% 9% 2% .... 24 United States Steel Corp— 1% 6% 17 i % 3% 17% 6% < 17% : 5% 14 West Va Pulp & Paper 15% 10 6% $ 6% - » M 8% 1 6 » 282 97% F A 4s.——— 1.25s...L 9 *5 O ♦1st ' • ■*% - 18 « 109% 30 H *30 M "22"" 44% Af 8 15 2 13 12% 12% i 9 14 --14 O 109 4%s series C .1978 ♦Ctfs of deposit (assented) ♦Ref A gen 5s series D—.j. 1980 48% AO 1.125s A 109M Westchester Ltg 5s stpd gtd—1950 J Gen mtge 3%s...... ..1907 J 1.00s...: {Sealward Air Line Ry— §*lst g 4s unstami>ed {♦4s g stamped 1906 M S ♦Ctfs of deposit (assented) 88% UNJRR& Canal gen4s._., 81 2% 4% 5% 11%. 70% 99 104% 100% 121% 124% 21 8% 99 98% 98% 1943 J J *102% ..1942 M ,S 1989 MY 'Vi—> *124% 71 111 110% 108% 112 54% 69 4 90 70 ♦Ref A gen 65 30% 34-year 3%s deb——... 35-year 3%s deb Ref mtge 3%sser A..——. United Biscuit 3%s debs—— United Cigar-Whelan Sts Ss. United Drug Co (Del) 59—— 22% m '4 78 82% "*2% w - •v 16% 48% 27 1952 F 4s registered... 15% .79% 35% 64% 17% 41% 7 67% *80 ♦Ref gen 5s series B—i_.__ 1970 74% 96% 104% Union Pacific RR— 69 34 30% *• 1968 J I) 4s S A A Ar Pass 1st gu g 4s..... ' 1950 f 7s... 3s debentures.— ■' 60% 18 ■ 61% 5 47 I 16 16% 36% 18 52 54 60 M 67 M ""71*"' West Penn Power 1st 5s E 50 97% O 2003 J *22 M i 9% 9% 39 109 X*'Wabash Ry ref & geh 5%s A. 1975 '♦Ctfs of deposit (assented) 89% ,kv 9% 60% J 63% 52% ; Union Oil of Calif 6s series A..1942 F 70% 110 1 4 1954 89% 16% 15 J 63% 75 U {♦St Louis-Southwestern Ry— ♦1st 4s bond ctfs 1 110% 111 5s.. 1949 g term 4s 32% 15% 13% ♦lst lien J- 15% 15% 110% 111 73 H 31M 32% 9% 41 169 110M HOM ,74 H D 9 170 14 50 5s.——X::. 1939 D 9% 13% 13% ♦Con M 4 %s series A 1978 ♦Ctfs of deposit stamped-.... " 101% 102% "ill"" ..1958 .4 >" 402 13% 12% ¥~j 39 97 M iOOM 1957 J 22 12% V2H ♦Certificates of deposit....... ♦Prior lien 5s series B ^1950 ♦Certificates of deposit. 67% - 21% * p. ' (Jjigawa Elec Power at 7s——.1945 M S Union Elec Co of Mo 3%4.__.197l VN {{♦Union Elec Ry (Chic) 5s.i .1945 A O 4 49 13 < J t *St L-San Fr pr lien 4s A... .1950 J ' H ♦Tyrol. Hydro-El Pow* 7 %»:.—1955 64% 19 49 75% *100 64 25 3 81% 49 J J 7 72% 34 ' v 81H S J 70 75% 74% 41% 83 • 101H 97 M §♦ Toledo A Chic Div g 4s;. 1941 ■{*_ ♦Ctfs of dep (reorg ingr).. 98 62% 62 01% Trenton G & El 1st g sec s 31% 33% 33 91% 97% 100 104% 99% 105% It » - 10OM I ♦Ctfs of dep (reorg mgr).. : ' §*Des Moines Dlv 1st 4s 1939 J ♦Ctfs of ^lep (reorg mgr).. § ♦Omaha Dlv 1st g 3%s_..:.. 1941A ♦Ctfs of dep (reorg mgr) ;. 99% 108% 78 17% 5s.......1949 M S Tri-Cont Corp 5sconv deb A.. 1953 J J 64% 61 73% 71 % 7l*A MY "5 17 62%. O Tol W V & Ohio 4s series C;—=. 1942 M S Toronto Ham A Buff 1st g 4s..1946 J D ♦Guar .1933 " 64% 103%» 103% A 60 .... - 101H ) ♦Ctfs of dep (reorg mgr)... {♦Det A Chle Ext lst 5s.__. 1941 94% 78 103 63 J 60 i 20% 4~4,~ — ♦ctfs of dep (reorg ingr)._ §*2d gold 5»4— 1939 ' 97% 107% 112 25 W 102% 107% 102%' 107% 15 100 -64- 103% '52% J 88 22 *98% 64% 62% D ,.i' 1st 6s dollar series 85 33 33% 20 44 4-4 • ♦Ctfs of deposit (assented) St L Iron Mtn A Southern— ♦§ltlv A G Dlv 1st g 48 107%: - M S Tokyo Elec Light Co Ltd— 9 9% 10 33 w - 1-44 n ...... 1968 ser B 5s |«lst gold 110% 113%. 108% 112% 12 107% 107% 107% - 102% 1977 AO 1979 A O Gen & 1 High XWabash RR Co-— 123% 128% 14 88' 107% 2000 J, D Gen Aref 5s series B.... 110 3% 4% cons 105% 100% 109% 100% 104 ""5 112 107% • .7 Texas & Pacific 1st gold 5s 48% 50 107 6 2 110% 88 ... 9 41* :*8M 4s series A. 1955 Virginian Ry 3% series A 99% 103% 126% "iid% f g With declaration 90% 96% *108% 9 " 104 *124% 110% JU% 111% J A 4s..........1953 I J TexarkanaA Ft Sgu 5%s A—1950 F A Texas Company 3s deb 1959 A O 3s debentures.... — -—1965' A/N s Tol St Louis & West 1st 4s O 103 21 ; i 104 cons g ♦Ctfs of dep (reorg mgr).. iJ Saguenay Pow Ltd 1st M 4%s.l966 A St Jos & Grand Island 1st 4s. ; 1947 J *103 1st \i Gen refund No. , 37 i•if",-''; 1944 F Conss f 4h series B 103% 108% 107 Third Ave Ry 1st ref 3 "*16 35 *32% J Tol A Ohto Cent ref & impt 3%sL960 ■'' 9 109% 112% 104% 109 35 36% 13 109 108% Studebaker Corp conv deb 6s. .1945 J 1953 ...... Tex Pac Mo PacTer 5%s A... 1 1 112% 105% 18 - 5% 3 80 { 106% 131 13 f 81% 104% 7 15 5% ,7 110 109% *7 80 112 109% 109% ■«.'J- Va Iron Coal A Coke 1st g Va A Southwest 1st gu 5s. 80 112 ; 105% 131 - - 81 J 105% ' ; 86 72- .7 I) 2% debenture....... -107 •4'35'"V 27 14% 13% S 78 ....1996 J 1951 J 17% 26% 40 67 Va Elec A Pow 3 %s J 6% /. ' 89 57 159 15 104 .... "43" -*46" 14 Yi O M Gen mtge 3%s series H.....1967 M 11 79 BL—1904 1 20% 6% 17 104% *6% A {§*Rlo Grande June 1st gu 5s .1939 J n { § ♦Rio Grande West 1st g 4s.. 1939 JJ "44"" Roch Gas & El 4%s ser j 104 H F 1955 75 49 1st A ref 3s series G————1968 J Richfield Oil Corp— ♦Rima BteelTst $ f 7sr--' 64 65% 84% Vandalla RR 82% 87% 81% 61 59% 27 1.7% ■' Low "89% "1)4% 26% 14% 7 1 7 A Since Jan. - * ' f J 1947 j 1947 j ser A... ♦3% absented A 85% • 81% 86% 33 8% ..... I? 03$ 70% ♦Sink fund deb 6 %s 80% 60% ; J 15 ¥ ........1963 O *92% "45 28% 8 - With declaration With declaration ♦Cons mtge6s O 4 'Spokane International 4%s—2015 T J X'XXXiiX Standard Oil NJ deb 3s......1961 ./ D 105% 7 ' O 4 103 ^*'.y\ MY A 6s.....'.-T.i...-.1956 Mein Div 1st g 5s t M - » *» *8M 57% 74 60% 103% 105% .... ♦Un ^teel Wks Corn 6%s A... 1951 ♦3%s absented A.....,..1951 ♦Sec s f 6 %s series C 1951 ♦3 lis a^ented C—1951 United Stockyds 4%s w w....1951 A Utah (t ATnc 1st & ref 5(..;.1944 A 1 62% high LntO Utah Power A Light 1st 5s 131 "91% 15 • (Cowl. 88 155 77 83% 62% 34 - 49% , Railroad & Indus. Coi. High Range ■§ ' Asked Bid Price 71 185 75% "91% So'western Bell Tel 3%s J ♦Cons mtge 0s J 102% 103 102% 104% 106% 1 Range or Friday's Sale J I 68 *6% J ♦Rhine-Ruhr Water Serves.. .1953 ♦Rhlne-Westphalla Ell Pr 7s...1950 - J I 6s.—-199< 4s series.A.; 1956 St Louis Dlv 1st g 4s...' 96% 102 1st M conv 5%H—1954 MY 1956 3%s...1960 84 104% 104% ♦Direct mtge 6s / 1951 Devel A gen 84% 4 •2 "io4% Gen mtge 4 %s series C 76 77% 102% 104% 105% A ♦3%s assented 4s.—. .1951 Devel & gen 6%s.l—.--.1956 76% 27 76% 48 Last EXCHANGE Week Ended Xovj 14 53 % 48% 57% 55% 55% 55% 77% 2 50% STOCK Y. 37% 34% 44% 40% 39% 39% 48% 140 83% J O Scuthen Ry.lst cons g 72 102% f Republic Steel Corp 4%s ser B.1961 s I A So Pac RR 1st ref guar 106 65% 29 78 70 70% J ♦Rheinelbe Union 48 241 4 Devel & gen O 4 J mon 49% 49% I) 3%s——.194i 1st 4s stamm>d.. J Pur 49% 48% 48% 70% 104% 1997 Revere Copper & Brass 50% 49% 48% 104% —1997 .. i/'s MY 111 Remington Rand deb 3%». ..^1950 ./ /& ret 4 %s series A 47 MS _ _ _ San Fran Term 1st 4s.......1951 43^'4 'ilm Reading Co Jersey Cent coll 4s.1951 Gen & ref 4%s series B 49% 47 4%s.t...198, 104% tellili Rft|Sl Gen 47% 47 48% „ 10-year secured Jan. No. Low 49% WN Gold High N. Since !? Sjj bonds Range , ; Gold 4H8-...........J....196i 153 A B'ect'a Friday ' Oo eS Asked Low (Cont.)i Gold 4%s——.1961 in • J Rid Price Nft. 5% 87 142 .... ■ » m J 109% 112 4 111% 153% ,14 coll>_ « -194! registered-—————.194! 1st 4%s (Oregon Lires) A.--.197' 2% 87 " Friday's g v 4h 218% 222% 108% 111% D O 4s (Cent Pac Range or Sale S'C 97% 92 20 3% *151% *221 % J Southern Pacific Co— 107 85 111% .2037 J 2037 J Pub Serv of Nor 111 3%s 1968 A Purity Bakeriess f deb 5s..... 1948 J ...... - iVfi#As Last Q Railroad & Indus. Cos! 77% 81% 105% 107% 110% 87 80% I Week Ended Nov. 1 High No. Low 110% *63 « - Public Service El & Gas 3%a..l968 J - N. Y. STOCK EXCHANGE Jan. High 3% N 1st & ref mtge 5s.... BONDS Since Asked 92 J {♦providence See guar deb4S..1957 M {♦Providence Term 1st 4s 1956 \f 1st & ref mtge 8s. & 85% *106% *109% ./ ./ Range or Low ..I960 Port Gen Elec 1st 4%s '!. Friday's Railroad & Indus. Cos. (Cotlt.) Potomac El Pow 1st M 3%s.._I960 J Pressed Steel Car deb 5s...... 1951 J Friday 00 Last Ittner . Period STOCK EXCHANGE N. Y. Week's 1 Friday A V..; ; ■/; ^ A, reorganized under such companies,, J Companies reported as being in bankruptcy, receivership, or Section 77 of the Bankruptcy Act, or securities assumed by ♦ Friday's bid and asked price. ♦ Bonds selling flat. No sales transacted during current week. 1A|A;|:::IANEW;:TORK" CURB-jEXCHANCE(A!iAAAl::;-jl' and NOTICE—Cash footnote deferred delivery sales week in which they occur. In the are In the disregarded In the following extensive list we furnish a last Nov. 8, tended to include every security, whether stock . saies Friday Week's Range .... ■ 1 or Sale Par Price Friday Week of Prices Low ■" High bond, in which any dealings have occurred during the current year. '.v: ■ stocks Sale (Com Inued) V v'; ■' C: of Prices High ■ ■ ■ Alles A Elsher Inc com., j* -."1 Alliance- Investment.— ..* A 1% 40 19 . "~5H "h~H 16% Mar 21% 18M common.10 AeroSupply Mfg Class A.1 Class B.„ *1 Feb 5 200 July July 23 Jan 225% 6% Allied Products IK r% l >M - „ & «i. Ainsworth Mfgcommon..5 Air Associates Inc (NJ)-l 20% 4 7M Jan _r2 preferred....... 3M6M 700 500 mtm 86 M Gt Southern. .50 108 M * 97 M preferred - ; — Alabama Power Co $7 pf .♦ $6 For footnotes see page Jan Altorfer Bros common...* :■ * ~ i — • 3% Nov 0 % Nov 6% 12% 2 Oct 2% Oct 6% preferred:—...1.100 iri% 1 Apr 1% Jan Aluminum Goods Mfg..^* 13% 87 M M 97 M 700 Sept Aluminum Industries com * 1087. h« Feb Apr 90 - 75% Jan 10 ' 103% Jan 26 • »u 91 Oct % Mar 1% Oct 50 Jan Jan Sept 1 J—J Alumioium Ltd eommon.* f ■: 72 100 6%' preferred. ! 103 Aluminum Co common.. i * 111% Mar - - 100 18% 94% • .Tan Feb 13% . '... . ; 13% L t Mar Arnerteai Bonlr CoL ... 100 92% 92% 22M 22% i - - - - _ Common class B._,..10c $3 preferred-.———* * Amer Centrifugal Corp..— Jan 4% May - -• • 4% !' High Low Apr 4 400 - ^ ^ . « - - - ' w ^ % - ' « 5% July Mar 1% May %a Sept " •w. - ' . 63 - + - m * aaa Nov 11% Apr 8% -i- ^ §5.50 prior pref 100 Nov 155 Jan Conv class A. 110' July 116 12 Mar 1,300 65 50 91 Aug May Aug % 200 10c Apr 1,600 ..... ' 4% Range Since Jan. 1» 1941 Week 68% Aug Mar' Jan *u June Jan Nov Nov 28% 26% Feb Feb 3lt Nov * 3u % Jan Amer Cities Power A Lt— 6% 74 ' 92% 24 - 22% 3,000 .i z69% .... Sept 2 20 - ■ - 4 Apr May 1,000 1C6% 111% 112 American-Beverage com.— 1(13 " 10 1% Nov 14 d» Shares Price American Capital— 125 ... for of Prices Low High Amer Box Board Co com.l 150 * " 108 M 108 97 % 20 ' • ' Y':'' v-' : :•! 1 2,300 ""l% "lH 7M Air Investors common. Alabama 2% ' i 3H , Aircraft Access Corp.._50c Warrants Par High Week's Range Sale May 200 1% 19 20% 18% L w ' Conv ■ Class A common -* (Mich)..10 Class A conv com....25 Sales Last ' 2% ^ 'j 1% - Low Shares ■; — stocks (Continued) Allied Intl Investing-— ; i: $3 conv preferred. Acme Wire Co . Range Since Jan. 1.1941 for Week Low Price par High .: Friday ' Range is in¬ ; "• - Sates y Week's Last stocks '■ *,>' Low Shares beginning on Saturday It is compiled entirely from the daily reports of the Curb Exchange itself, and \ Range Since Jan. 1. 1941 for the regular weekly range are shown In a for the year. complete record of the transaction* on the New York Curb Exchange- for the week and ending the present Friday (Nov. 14,1941); 1841) Last week's range unless they are the only transactions of the week, and when selling outside account is taken of such sales in computing the range No RECORD YEARLY AND WEEKLY Nov Class B.; 7% Sept Class B n-v———10 99% 15% 200 3i« - % 35 .Jan 41 Aug 38% 37% 38% 4" 500 31 Feb 42% July 28 27 28% 3,100 15% Apr 29 Nov '.6 1,100 li« Oct m , 15 15% 4,200 ®18 1 - - - ' v - — Apr •it Sept 35 ——.25 1,000 15% Amer Cyanamid class A. 10 Oct 76 July 22% Class A.:. Jan 17 15 —.25 Jan; 18% Jan Amer Export Lines com..l Airer Foreign Pow warr_.. si6 Jan THE COMMERCIAL & FINANCIAL CHRONICLE 1084 Tuesday, November 18, 1941 NEW YORK CURB EXCHANGE Friday STOCKS Last (Continued.) Week's Range Sale Par Ainer Fork & Hoe Sales \ Price com.,.* 11% American Gas & Elec.—10 21 4M% preferred,..--100 109% 10c preferred---- -1 $2 conv 2% Mach...20 150 9% Apr 16.800 20% Nov 300 1.800 105% May 2% May 13% 30% 113% 3 % 12 100 8 200 % 1% Apr 2 Nov 5% May Mar Callite Tungsten Corp... 1 1% 1% 500 1 2% Camden Fire Insur Assn.5 % May Aug Jan 125 25% June 30 Oct Canada Cement Co Ltd.* 125 28 Apr 33 Jan 15% Feb 26% Aug 7% partlcpreferred...25 22% 600 16% Feb 23% 12 3,900 12% 11% Feb 15% Apr 6% preferred...—--25 100 25 Apr 28% June 17% Apr 28% Preferred—- -.—100 79% Mar 84 31« Nov % May 32% Jan 85 Sept 8% Sept Amer Meter Co.. »i« 9,600 % 27% 27% 200 Amer Pctosh & A mer 0% 2% 1st $6 preferred $6 series 48 preferred.....* 2% 3 3 2% com.* ...-.2 2% %% preferred. 2% Apr 350 % Nov 100 107 7% preferred Jan 3% July Carrier Corp common... 1 "ie Apr 1% Sept Carter (J 2% 900 1 900 1% 7% 12 Aug Jan $6 preferred.. 30 103 June i% 3,800 1 i% 8% 9,500 1 107 1 i preferred10 6% 8% $7 pref...* 94 Equipment Corp.... 1 Metal Works com 5 5% Ashland Oil & Ref Co.—.1 4% 1,900 10 94 5 900 12 50 4% 12 2 July Oct 2% 8% July 7% 1st partlc pref... 100 § Associated Gas & "4% 5% 700 5 44 5 113 3% 3% 6 Aug 50 500 5% Jan 12 Nov 500 'aj Nov % >32 Nov % % % Nov Sept Jan 1% Jan Jan Jan 103 "~7% 105 - 7% Cent Maine Pow 7% Pf 100 CentN Y Pow 5% pref.100 > 7% 4 1% % 2 , Sept Jan & 65 Jan 6% pf.100 108 Apr 109% Julj Apr 3% 2% 2% 1,500 2% 2% May Atlantic Ccast Line Co..50 25% 25 Atlantic Rayon Corp.... 1 200 3 Atlas Drop Fcrge Atlas 17 Jan 200 25% 3 3 Sept % May 2,500 com...5 Plywood Corp .1 ""166 * Automatic Products 5% * Auburn Central Mfg 15% 15% 117 4 June 134 Jan Feb Eastern States 16% 16% 325 16% 250 Jan 116% Mar Easy Washing Mach B;_* 2% 16% 2% 2% 13% Apr 109% 1% 49,000 Sept Economy Grocery Stores.* 95 Jan Elec Bond & Share com..5 10 Aug Nov 110 Feb 117 Apr V, 100 75 »ji July 11% 12% 3,100 % % May % May % May 250 3% Apr 3% i~66o "T% "ik Automatic Voting Mach—* 3% Oct 4% Clillds Co preferred May Cities Service common.. 10 1 Mar 2 Mar 4% Aug $6 100 & Sons com.5 6% preferred w w—.25 6% preferred x-w .25 — 3 600 3% 14 14 13 13% 13% 25 400 Nov 3 12% May Nov 13 Warrants 4% 17% preferred—..,....* Ayrshire Patoka Collieries 1 26 5% 20 26 100 5% Oct 3% Emerson Elec Mfg Nov Aug Mar 10 3i6 Jan 3% 12,400 48 100 4% June 48 Feb 80 96% $6 preferred.——.——* 94 94 94 Apr City Auto Stamping * City <fc Suburban Homes 10 Sept 9 96 Jan 36% 96 Clark Controller Co-..—1 Cleveland Elec Ilium....' Cleveland Tractor 27 1,900 30 5% 5% 30 Purch warrants for 4% com. 7% preferred........30 33% 2,200 4% 33% 4% % 33% 3% 4% 1 50 3% 32 % % 14% 51.20 conv A com... 5% 3% Apr 7% 37% Jan Club Alum Utensil Co...* % % 100 10% 9% 16 preferred 2,900 3,300 16% 3 100 Bell Tel of Canada Benson & Hedges com.. Conv 15% 1 com 3% V - 400 108 331 - 108 50 30 33 170 —* Mar Jan Apr 12% 4% 15% Oct >2% May 96 May 23% Mar Jan 32 conv 17 8 Colorado Fuel <fc Iron warr. ""ik Colt's Patent Fire Arms .25 1% Tooo 1 67 32% 6% Bliss (E W) common——1 Blue Ridge Corp com..._1 $3 opt conv 6% 5 Oct Columbia Oil & Gas—-1 6 1% 1% 14% 14% Sept Jan 35 38 Community Pub Service 25 114 Jan Oct 33 Nov Oct 1% Sept 8 Nov 13% Jan Apr 40% >t4 Compo Shoe Mach— V t cext to 1946 1% *1 . »!•-»! "l5% 15% Community Water Serv.. 1 Oct 2% Jan 9 Oct 1 12,600 7% 1st preferred Scrymser Co Bourjois Inc Bowman-Biltmore ""2%' 100 25 Borne * 6% 2% 35% 2 Nov 8% Sept Cousol Biscuit Co 6 Nov 10 > 20% Jan % Apr 38% Oct "7% "~8% % 2 $5 2d preferred "5% Breeze Corp common... 9 '"266 5% May Mar 1 300 8% July 3% Oct 41 ,1 4%% series B pref.. 100 4% pref series C—-100 Oct 38% Jan 5% Feb 8% % Nov hi Sept 2 9 9% ""600 1,200 Consol Retail Stores. Nov 5 Bridgeport Gas Light Co.* Bridgeport Machine * Preferred. 9% 10 Jan Jan Cousol Royalty Oil "1% Consolidated Steel Corp.* 1% "2' ~~2% "3" Class B............ 7% preferred 7% prior pref 100 3% 5% Feb 6% 11% July Cont Roll & Steel—.—1 Sept 7% Apr 11% Sept Oct 30 Apr Feb 2% 43 Oct Feb 4% Aug % Jan % 53' 100 .* 35% June 63 July Aug 13% Sept 31 10% 52% 12% July Jan Apr Am 8 7% British Celanese Ltd— Am "7% "7% 300 May 6 July 100 Brown Fence & Wire com. 1 Class A preferred % 15 23 1% Sept 8% Feb 23% 150 13% June 1% 200 1% May 1% Jan 16% July 25% Sept 80 115 105 3% "*% "" 600 Feb 26% 3% 3% 300 50 V 3 1,100 •"'it 1% 1% 6% "1% 1 6% 900 5% 93 91 85 120 ~~7~% "7% "7% T666 % June 11% 50 Jan Feb Buff Niagara & East Pow— $1.60 preferred......25 14% 14 15% 1,600 14 Nov $5 1st preferred 93% 93% 94% 350 92 June Bunker Hill & Sullivan 2.50 11 10% 11 1,000 9% May 9% % Burry Biscuit Corp.. 12%c Mar 200 Jan Jan Oct Feb "7" * "1 % "7% 2C0 "6% :""6% "566 Corroou <fc Reynolds $6 preferred A.. %:. 1 Oct Nov 316 Nov 1% Feb 8% 98 preferred...60 conv 1% 16 % 300 Jan Sept Mar Aug 1%V 1% 16 16% 300 900 Petroleum.......5 Wheeler Elec * Croft Brewing Co.., 5 17% 4% 18% For footnotes see page Feb Feb 1087. Mar Jan Aug 575 Oct H Apr 1% May 100 20 Oct 28% 2 June 3% 9% 9% 7% May 2% 9% 2% 400 2% 2,800 "20% "lY)6 2% Nov 5% May 4,500 1% 1% 1} 500 5 5 100 1 Feb June 58% 19 June 76% Apr 150 Aug 134% June 296% July 1% 1% 2,200 1 12% 1,600 0% 1% May 2 Sept Jan 13 Sept 12% 22 100 10 Feb 12% Sept 21% 100 19 1% 1% 500 Apr Jan 26 "ik 10% 10% 10% 400 20 20% 300 54 55% 75 % Sept 1% Aug 11% 20% Oct 89 Jan Mar Sept Jan 2 Sept Feb 19 Sept 28 Gaiuewell Co 56 conv pf.* Gatineau Power Co-^- Oct Nov ' 5% ..100 preferred 1 General Alloys Co. Gen Electric Co Ltd— * dep rets ord reg.£l Gen Flreprooflng com...* 12% 1% 12% 5,400 1% 100 10% Gen Gas & EI $6 pref B..* General Investment com.l 5 8%8% "9% "9% 35 common.1 1 7% 3 25% 7% 3 300 "306 24% 77 25% 24% 20 60 ...1 $6 conv preferred % x56 % 256 58 $3 preferred..... Apr Feb 22% Apr % Feb 10% 13% -2% $5 63 83 Sept 23 May % Oct % Sept Jan 31 Jan 1% July •it Apr Mar June 61 Jan Aug 108 May — * July Sept 11% "7 5% 100 44% 10 11% 28% 7 11% 29 •< 100 7% 100 Nov 43 Mar Jan 110 Mar Jan 100% Mar 7% Sept 4,500 200 300 h] 10 >10 1% '"266 5 Apr 44% 23% Nov 50 Sept Jan 5 Sept 7% June 8% Feb 7% June July Sept 15% 19% x31 94 101 Feb 4% May May 300 1« >i6 .8% Aug Oct Jan % July 1% Mar 14% Jan 25% June 3% Nov 3% June 1% 32% 35% Sept 5% Aug 6% Jan 50 Gorhain Inc class A...; Gray Mfg Co— 1% ..10 3% 3% 3% 3% 200 3% 600 Nov Jan Great Atl & Pac Tea— Non vot com stock.,.* 7% 1st preferred 100 Greater N Y Brewery... 1 Aug Gt Northern Paper.....25 7% May 295 97% 2127% 130 % % 37% 36% 37% Greenfield Tap & Die... .* Grocery Sts Prod com.25c 2% Apr July 90 5% 44% ..* Gilchrist Co Gladding McBean & Co.* Glen Aldeu Coal— __* 10% 9% (A C) common. Preferred.. , 38% 68 preferred..,..—.. Gilbert Oct 9 f % 1% 175 295 Nov 105 150 127% Aug 132% 3,700 % Oct % 400 100 3,000 1 Feb 9 July Gulf Oil Corp —25 Gulf States Util $5,50 pf.* $6 preferred Aug 20 Mar Gypsum Lime & Alabastine 8 May 12 28% Is" 35 June 7% June % Nov »(U Sept Feb 42 Sept Apr Jan 10% Jan 1% Apr Mar Aug % "36% '2^866 29 Mar 110% 111% 30 109 Mar 113 10 111% Jan 115 Jan 2% Mar 3 Sept 4% May 19% Nov 8% 25% Jan 54 65 Jan Jan 3% Feb 8 Jan 3% 99% 300 si« July 72 ""125 25 Sept 8% Jan Oct '"38% "38% ,„* Georgia Power $6 pref...* 100 5% 8% 96% 45 31 2% 10 July 16% Jan Nov hi 100 31 22% 200 May Nov 6% 10% 40 10 31 900 1% 49% Apr Jan Jan 380 31 Jan 2,100 1% 49% 55% 1% 104% 104% $3 preferred.—.—.,. 1% 49% July Feb 1,700 Gorharn Mfg common..10 Grand Rapids Varnish 1 3% 110 95% May General Tire & Rubber Sept May Sept Apr Apr July Jan 7 {.yVtf General Shareholdings Corp 2% 5% 1% May t'C J 52% May 76 6% pflOO Gen Pub Serv $6 pref..,* Gen Rayon Co A stock...* >2% 4 % Jan July % June 800 Goldfleld Consol Mines.. 1 35 8% debenture ...100 Derby Oil & Ref Corp com* Mfg...l 2q 1,000 10 % . Jan 25% 7% 50 * 95 'i. $6 preferred... Gen Outdoor Ad v 13 Darby Petroleum com .5 Davenport Hosiery Mills.* Dayton Rubber Mfg 1 conv 11% 95 '-% Mar Jan 4 $7 preferred......_,,_* 1 v % 100 Class B 5% duly 67 1 % 900 • % Sept 5 12% 1% Records -% >»» % % Amer July 20% Sept 47 Feb Mar 49% July l6i« - 15 Oct , 50 90 7% ' < 8% May 18 May ! § Guardian Investors w w Oot July Jan D 6% preferred 150 2% 19% 200 lst« 10 com A conv preferred 70 6 • Jan 7% 3% May % Jan >n Cuban Atlantic Sugar...5 Class A 6 35 69% 12% Sept 4% Jan 8% Sept 25% Jan 10% Jan 8% Jan 35 July Oct Apr 19% 100 300 13% 11 Jun com.... — 7% 6 6 1% May 1,200 7% conv preferred...25 Detroit Gasket & % Jan Jan 3% 500 new 37 1% July 12% Mar 2,600 5%' %■- ■ % Crown Drug Co com..25c Decca % Co Goodman Mfg Co Dejay Stores % Feb 20% 18% 2% % May 17% 1 Crown Cent Petrol (Md).5 Crown Cork Internat A..* Jan % June % 13 7",f6(» 16% 2% Gen Water G & E com..1 % % 4% Adrs ord reg stocks...£1 Feb % May dep 5 % % pref shs £1 Jan 500 Godchaux Sugars class A.* $6 prior preferred Am Oct 8 2% preferred... 100 Jan Mar Feb conv 11% 70 """40 Dennlson Mfg cl A com.. 5 Cable Elec Prod com..50c 23 Oct -Lv't V.v ...... Jan July Sept 1 29% 8% 17% Feb Jan Feb 2% 53% 112 Mar July June 35% 111% 113 2% 2% 700 4% i9% 4% 19% 100 39 111% Nov H Hall Vot trust ctfs 50c Cables <fc Wireless Ltd— 147 22% 6% preferred A..... 100 Courtaulds Ltd— Aug 19% 99% 1 Jan 1% 1% 46 Common.... Mar Jan 7 »ii Jan 12 Mar Nov Curtis Mfg Co (Mo) 1 72 21% Apr 5% May >i* Apr 2% Class B voting.;..,... % 8% Feb 1 • % "84% "84 * Cosden Petroleum com._.l 5% % Sept 12% 10% 125 600 "'U 2% Fox (Peter) Brewing Co..5 •; Cornucopia Gold Mines 5c Curtis Light'g Inc com 2.50 14 135% Sept Oct Feb 9% June 7 May 29% Oct 4% Feb " Cuban Tobacco 1% Feb 12% Franklin Co Distilling... 1 Sept 4% 107 6% May Sept Sept Mar 4 08 22 17 Class A non-vot— Mar Jan 30 June % Crystal Oil Ref 69 Am dep rets ord reg—£1 Ford Motor of Canada— Common...... 91% Aug Mar 275 ■ Feb 119% 111% 1% Jan —. Burco Inc $3 pref .* Burma Corp Am dep rets . - 73 Mar 100 11% Mar Oct Nov Lamp Co : Hammermlll Paper Hartfcrd Elec Light 5 10 50 25 Jan 2% Juiy Hartford Rayon v t C-.—l Harvard Brewing Co 1 Mar 49% Nov June Jan Hat Corp of America— Nov Jan | J Jan 2% Oct 1% May 21% June 2,400 26% 1% 26% Jan 1% *24% 3"506 2 May 30 1% com.. $6 preferred 2% Aug 128 129 Jan • . % 33% Nov 2% May 98M Feb Feb $3 convstock———_..* Oct % Apr 7 $6 preferred--.—— Brown Rubber Co com.. 1 Bruce (E L) Co common. Buckeye Pipe Line 23 * Brown Forman Distillers. Bruck Silk Mills Ltd. 10% 22% 107% 107% 4% % June IH Crowley, Milner «fc Co...* dep rets ord reg.. 10s British Col Power cl A...* §BrownCo0% pref 54 $3 prior preference— Copper Range Co Crocker dep rets ord bearer £1 dep rets crd reg. ..£1 Sept 70 Jan ■ 500 • Cook Paint & Varnish Co.* Creole British Amer TobaccoAm 117 Oct 1% 11% May 30% Jan 100 British Amer Oil Co 1 Apr 400 ...* 1,100 1,500 Continental Oil of Mex-.l 300 % Brlllo Mfg Co common...* Class A 5^ 800 7 Mar 6% Ford Motor Co Ltd— Jan Continental Gas & Elec Co Jan 30 ...* 1% 1 % 10 % 21 100 ... Brill Corp class A 3,200 23 Jan 07% 19 Feb '.13% 56% 117 117% 110% 110% 1 % 54 1 July Feb J44 Apr - 10 Compress & W'h'se 25 2 *»tJune 8% preferred.......100 Cooper-Bessemer Brewster Aeronautical—1 1% ...... ""ik Consol Gas Utilities... % "5% "s% Jun . Oct 18% May 100 2% % ..... 7% 1st preferred.... 100 Brazilian Tr Lt & Pow.. 20 Fed Mar . 750 10 ! 9% 1% Consol G E L P Bait com. * 100 138 1»% 7% Gellinan Mfg Co com July Feb 1.00 2% 38 138 Feb 1 24% ..; « % Jan '. % July 15% Nov 2,600 17% >i« 'k *♦«. 300 % Mar 30% July 3% 32 "T% com... Jan 60% Feb 400 35,000 G Common....... Consol Min & Smelt Ltd.5 Blumenthal (S) & Co.—-* Bohack (H C) Co com.. Jan Mar 82% 32% Nov $3 preferred. 6% 13% Vt Oct 34% June 134% Fire Association (Phila).lO 1% Mar 4%. July 4% Jan til l«. —1 100 550 131 Feb 12% 32% July Mar 7,400 133 Jan 1% Sept Sept 27% May 80 "20% Fuller (Geo A) Commonw Distribution.. 1 5% 37 500 14% 34% •it pref 380 129 Conv partic pref—...15 Warrants,. 12% 75 , ,27% 129 123 Flat Amer dep rets... Commonwealth «Sc Southern Conn Telep <fc Elec Corp.l * 123 Jnn Apr Apr 13 % 2 June 70 Oct 6 1,000 Fairchild Aviation 1 Fairchikl Eag & Airplane.! Oct 4 1% Nov l^Ysp, 39 Aug 24% % May 13 4% 65% Froedtert Grain & Malt— 36% 100 38% 5% "2% Jan 6% 67 250 67% 100 100 8 38% Birdsboro Steel Foundry & Machine Co com....* .... 700 16 —* Blauner's common... Jan July 41 Conn Gas & Coke Secur— Berke? & Gay Furniture. 1 Blckfords inc common—* $2.50 preferred Jan % 8% % Jan 4% May preferred...£1 Aug > 34% 6% 1 com Fanny Farmer Candy.... 1 Fausteel Metallurgical...* Fedders Mfg Co — .5 Jan % 500 Aug 9 24 "29% "29% """"25 5% Line com..50 Eversharp Inc Oct Apr 8 • % May 5' Mar 4% 225 Oct Oct 1% Nov 47% July 52 July 11 Florida P&L $7 pref... Colon Development ord 11 4% x21% x22 9 9% Eureka Pipe ^....1 7 • 3% Cokn & Rosenberger Inc.* Jan Oct Equity Corp common.. 10c $3 conv preferred- —1 Esquire Inc. Falstaff Brewing.. 2% ; Cockshutt Plow Co com.* Jan 1% 5% preferred 20 Bell Aircraft Corp com. Bellanca Aircraft Mar 6% Jan 19 50 1,600 Equip..5 Jan Columbia Gas & Elec— 10 com.. pref Beech Aircraft Corp... Mar Jan May 35 100 7% 6% preferred ...100 6%% preferred——.100 7% preferred..;.—_lo0 8% preferred—...100 6% % May '"""so 37 3% 6% 600 8% Beau BrumraellTies Inc..$ conv 37 5% Baumann—See "Ludwig" $1.50 37 com.. 102 Jan 5% Cllnchfield Coal Corp.. 100 6% Basic Refractories Inc... Beaunit Mills Inc Feb Nov 8,200 July Barlow & Seelig Mfg— Jan 19 Apr 2% Sept Aug Mar 14% ""l50 15 32% Nov Apr 3% Apr July 104 Nov 400 Feb 600 400 i >3i« Jan Nov July ' Baldwin Rubber Co com Barium Stainless Steel Aug July 83% 7% 72% Mar *89% 5% 5% 400 5% Feb 25 Feb 89 Clayton & Lambert Mfg..4 30 Jan July 18% 6% Nov 700 5% Jan % 5% June 67 Claude Neon Lights Inc.. 1 Baldwin Locomotive— »u Empire Gas & Fuel Co— Sept 73% 7% Cities Serv P <fe L $7 pref.* B Babcock & Wilcox Co.—.* 5,400 Empire Power part stock * 51 * $6 preferred BB 65% 6 4 Emsco Derrick & 150 3% 62% 6 Empire Dlst El 6% pf 100 Jan Jan 900 . Jan Jan 18% Sept Mar Jan 64% 5% 5% 61% 1 Jan 10% 9% 3% 3% 67 6,900 —. 5% 200 8 »u 60 Elgin Nat Watch Co... 15 Jan 1% 58 .* Option warrants 14% 110% 4% Nov 11% May 87 3u 7% % 12% 12% 58% 42 Jan % Feb 52 . 50 500 - . Jan Axton-Fisher Tobacco— 26 July 16 % May Class A common.....10 51 10 60c preferred B Avery (B F) ...* — June 25 11% 94 Chicago Rivet <fc Mach...4 Chief Consol Mining 1 Sept 2% 900 3% Oct July 5% 225 5 11% Jan 11% May V4 58 $5 preferred Jan 2% % % 14% • 5 94 Jan 3% Jan 6i« x4'4 10% % Nov 47% Nov 301 May 11 Apr 700 Sept % 52 50 4,400 16% % 25 600 : 6ie 16% Chamberlln Metal Weather Chesebrough Mfg... Jan Jan 7% 49% 34% % $7 preferred series A..* 56 preferred series B. — * Elec P&L 2d pref A Cherry-Burrell common..5 Jan Oct % 1% Mar 1 Aug Electrographic Corp Chicago Flexible Shaft Co 5 76% 7% May July Feb 12 Jan Jan 3 % June Nov 175 18 Sept Aug 1 Aug 111 918 1.800 18 -.100 Corp..-.-* % Strip Co.—. Jan 1 Apr 3,000 1% 47% 33% >35 100 Jan 34% Feb 1% 7% 1% Jan preferred Jan 6 76 July Oct 1% 72% 8 7% 47% Nov Conv pref opt ser '29.100 5% 16% July June 6% 6% 51% 80% 7% 50 117 Aug July 21% L500 100 4%% prior pref 6% preferred >u Conv i 109 10 »« Jan 9% 225 .......* Common., 100 July 19 74% 7 100 7% Aug East Gas & Fuel Assoc— 625 "it Jan 13% May 2% May 74 Eagle Plcher Lead July 7,900 29% 4% July "260 Jan 20% 1 Chari3 Corp common...10 Atlas Corp warrants.—,— 100 2% 96 *""180 89 7% 8 Jan Aug Atlantic Coast Fisheries._1 72 29% 2 Jan 6% preferrred 100 7% preferred....... 100 Cessna Aircraft Co. Coast RR Co pref—100 Atlanta Gas Lt 29 Feb 106 88 Mar Feb 61 .100 $6 preferredi.... Cent States Elec com 30 DuroTest Corp common.1 Duval Texas Sulphur » Oct 3% 3 73 8 Jan 107 11% 1st partlc pref—.... Jan 1% - 4% May 73 6% June 2% 100 35% 9,200 500 123 25 1 % Apr 100 1 % Nov Apr 4% Cent Pow & Lt 7% Pfd 100 Cent & South West Util 50c, * Amer.* Nov 6% 1,700 3% 122 Apr 12% Oct Feb 4% ... 39% Apr 100 "ii" •>,' Apr May 16% Eastern Malleable Iron.25 122 Jan Apr 110% 10% 100 5 Jan 21 ;,Nov Oct 17 1 com.,. 4% 10 7% preferred Apr Feb 4% 2% July — - 7% Aug 5,200 4% 5% Jan Sept % • Oct 1% 5% 400 4% Dublller Condenser Corp.l Duke Power Co. —.—100 Celauese Corp of America Cent Hud G & E 7 * Driver Harris Co Aug Nov 1% June Oct 35 39% 6% June 6% Dominion Bridge Co Ltd.* Dominion Steel <fe Coal B 25 July % .< 10 108 Cent Ohio Steel Prod....1 Assoc Tel & Tel class A—* ' 103 $7 div preferred.......* Elec— Atlanta Birmingham 200 44 Celluloid Corp common. 15 Common $5 preferred--- 42% Mar Class A Assoc Laundries of 121 - x% June Nov Jan il 10 Dlvco-Twin Truck com..l Sept Oct 2% Feb 6% 44 1% 3 Jan Mar 2% Aug 96 10% June £1 Amer dep rets reg 15 Mar 200 "it % >i« May Durham Hosiery cl B com * * Apr 5% 4% Jan Jan Oct Industries Elec >ie W) Co common.! 108% 6% Apr 79% June 7% June "T% "Y% """655 Assoc Breweries of Can..* Associated (<: i v 1% 5 1% Apr 1% May 100 ...» Casco Products..—. 1 16% 7% preferred ...10 Diamond Shoe common..* Distilled Liquors.. 2% 114% % 6,200 % 10 Carolina P & L $7 pref...* Catalln Corp of Amer Arkansas P & I- % Carnation Co common...* Oct 600 Draper Corp, 10 High Oct De Vllbiss Co common.. 10 * Aug 100 % Jan * 3% 8 2% Dobeckmun Co common. 1 ..25c B Class Low •u jan 13 100 Carman & Co class A Range Since Jan. 1. 1941 Shares 2% 3% 2% May 100 Syndicate High Det Mich Stove Co ccm.. 1 18% v Capital City Products...* Carlb Low 1 Jan 1,000 2% Price Gra)y Iron Fdy._l Apr Canadian Industries Ltd— Canadian Marconi Week 14% 50 ' * -3% 2% , 2% \ * Oct Mar 2% 2% i Common cl A non-vot.-* Art voting. Class B non vot for of Prices & Detroit Paoer Prod.—1 Detroit Steel Prod 10 Canadian Indus Alcohcl— Mar 1,600 200 '• Jan Sept Airways...1 16 Canadian Dredg <& Dock.* Class A We'k's Range Sale 3% 16 Castle (A M) common.. 10 Arkansas Nat Gas com...* Aro Jan 60% 1,500 8 3% Oct >it 2,000 7% Oct June 42% May 16,300 .3 3% 2% 2% % .... Angostura-Wupperman. .1 Apex Elec Mfg Co com...* Appalachian Elec Power— 4 100 49 2% American Thread 5% pf- -5 Amer Writing Paper Feb JJS .'.* Anchor Post Fence 5% 2% Superpower Corp com * Am Oct Apr "1*560 •:""(}% "7 .. 27 50 Chemical.* Republics.... 10 Seal Kap common 2 Detroit Sept 12 American 14 Canadian Car & Fdy Ltd— 300 Last Par 2 24 eaten STOCKS High 12 31 a:21 % —1 * Shares Calamba Sugar Estate..20 2% 29% Amer Mfg Co common. Amer Maracalbo Co— Jan. 1, 1941 (Continued) t Low California Elec Power...10 30 25 Friday Range Sine for Week of Prices High Low Jan Feb Can Colonial Amer Lt & Trac com Price July 29 *21% £>UltlS Week's Rano* Sale Par High 24 $2.50 conv preferred.-.1 Co..50 Amer Hard Rubber Amer Laundry Last (Continued) Low Shares 11% 11% 20% 21% 1C9 % 109% 2% Amer General Corp com Friday STOCKS Range Since Jan. 1, 1941 for Week of Prices High Low 10 Jan 18% Oct B non-vot common Hazeitlne Corp 1 .* % 1% % 1% 4% 15% 4% 16 700 200 200 500 % May 1% 4 15% Apr 1% July 2 Sept June 5% Jan Nov 26% Jan ^ Volume 1085 THE COMMERCIAL & FINANCIAL CHRONICLE Number 4008 154 NEW YORK CURB EXCHANGE Sale (Continued,) Par Price Hcarn Dept Stores com..5 6% of Prices High Low Mining Co Low Shares 500 1% Y% Preferred "Ik ""s'% Henry Holt & Co par A. 86% ie% "250 6 Holophaue Co common..* * Nov 26 3% Oct 700 7% 7% 7% 50 16 lfi 16 Sept 115 -* Humble Oil & Ref Sept Aug Apr Apr 33% 2% Feb Feb Oct Masscy Harris common..* Jan Apt 115 Nov Aug Oct 18 Jan 60% 5% 1,700 52% Apr 65 Aug McWilllams Mead Johnson & Co. 200 1% 5 Oct 7% Aug Nov »u Nov 8 Aug Mercantile ... „ „ V t c for 1st pref % 'i» 1 Sept Merchants & June 7 300 % "u Jan 1% 500 1% 18% 700 18% Feb Nov 19% 4% 4% 18% 4% "Y% "ik 1 Hydro-Electric Securities 5 Hygradc Food Prod 5 Hygrade Bylvania new...* 300 4 "7% * 4% Feb July Sept 2% Merritt Chapman & Scott * 5 preferred...50 1,300 29% % Oct 3,800 24% May 2% 3,100 Nov 7% 11% 300 v2% 9% Apr 13% Mar 6% Jan % 28 % 28 •2% 2 % Dlv arrear ctfs % 2% Illinois Iowa Power Co..* 11 * Imperial Chemical IndusAm dep rots regis...£1 Imperial Oil (Can) coup..* Registered * 6 4.600 Vt 100 7 May 6 Feb 7% Imperial Tobacco of Can.5 3% 9% 6% pf.100 7% prefei red....... 100 Oct 3% 115 13% Jan 27% 22% 20 14% Jan 29 1 7% % 103% "3% 3% $2 non Jan Sept Sept Midwest Oil Co — % June Sept 1 9% 78 78 K 12% 13 Jan 7% 400 5 F'eb 8 July July 300 2% Apr % Apr 3% Nov 1,150 Feb Nov 64% 700 12% 83 Jan Oct 20% Jan 1% 1% 1,900 2% 43% Minnesota PAL Prcf $3.50 series.....50 lfi lfi 1 1% lfi 2 fi 1% 1,900 Nov 1% 500 1% June Feb 4% Intern&t Metal Indus.A..* Jan Parkcrsburg Rig & Reel.. 1 8 Mar Nov 18 Nov 42% Nov Oct 1% Jan Jan Feb 8 2% 16 Sept Nov 3 Oct "i~500 300 7h Jan fi Aug 625 43% Nov 55% Jan 93 Nov 83% Mar ....2.50 7% 400 5% 7 1,600 • Intcrnat Paper Co warr... »i« lfi llfi 3,900 11% 11% 5 »«• Nov 22,400 11% 1 2% 11% Mar 11% Molybdenum Corp.--_._l Jan Jan Sept Sept Registered shares. 11'/. * International Products:-.* "i% 4% z 8% 100 6 300 3% Feb Safety Razor B.» International Utility— 4% 29 »«« 30% 300 % 2,100 : - -10 Ward A...* Montgomery Mar % 7% 100 164% 166% 290 7% 166% i.« 1,100 Moody Investors part pf Jan »u Jan Moore (Tom) Mar 14% Apr Mtge Bank of Col Am shs U% 32% llfi * Jan Mountain City Cop 31% .* 4% :J 150 tu Mar 27 200 Aug 7% 34% 3% 6% Apr 0 10 Jan 10% "0% ""260 "e'% May 14 Oct Dist Stmp.l % 5 , Mills..* 1 Apr 15 ...1 Italian Superpower A....* Irving Air Chute 2,100 5% Feb % 200 14 Nov 18% Mar Muskegon Piston Ring.2% 800 9 Oct Jan % 900 %• 14 li# May Murray Ohio Mfg Co....* 200 30 8% 10 6% 6% 33 200 3% (ks 2 800 1% May 1% 1% —1 L) Co 300 % Jan Co.....* i Aug 100 8% Jan Perfect 11% Mar Jan 174 Jan 18% Jan 26 10% "r 5%% preferred.....100 6% preferred ...100 7% preferred....... 100 Johnson 3% 1% Jan 86% 25 86% Nov 97% Apr 94 95 40 93% Jan 10 Jan 10 99% 110 Jan '■ $3 conv Publishing Co. 10 1 _ 12% 17% 8% 71 Apr National Fuel Gas Feb * * National P & L $6 pref...* Circle Co. Pharls Tire & 700 ' 10% 3% * "10% "if" 10% 3% 96 700 10% 3% 97% 2,900 7 23% 9% 900 1,100 1,650 K Kansas G & E 2% Philadelphia Co common.* Pbila Elec Pow 5% 7% pref.lOO 7 Feb 250 4% 4% Sept National Steel Car Ltd—* 23% 23% Aug National Sugar Refining.* 8% 10 1,000 10 9% Kennedy's Inc 5 Ken-Rad Tube & Lamp A * June 3 Feb 5% National Tea Kimberiy-Clark 6% pf.100 Kings Co Ltg 7% Pf B. 100 76 54 Jan * Nat Tunnel & Mines 1% Jan 2% Feb % Jan NebraskaPow 7% May 14% 10% Sept 1 1,600 1% 13% 13% 200 "2% "a" "fiOO -v - 3% 1,000 3% »!• *16 % Oct % Nov Jan 66% May 40 !'■ % Mar Jan 115 Jan 98 Aug Aug Aug 113 Apr May 185 103 40 44 44% 1,325 22% 200 2% 3 400 4% 100 80 112% 113 * - Jan 28% Sept Oct 44 Nov 57% Mar May 98 Aug 22 June 28 Jan 112 Oct 30 4% 4% Jan 6 % Mar 118% Jan 31% Jan 4% July 2% May 4% Oct Oct "4% "4% "766 2% Feb 7% 9% 7,400 / 4% Feb 43 42% 54% 1,700 31 Feb 55 Pierce Governor common.* 10% 10% 600 18% Jan 1% 1,400 10% 1% Nov 1% 10% 1% Feb 1% Aug Common 7%| l Conv $3 pref series A. 10 _..* Pitts Bess & L E RR...50 Jan Oct Pleasant Valley Wine Co. 1 Mar Plough Inc common.. 5% 5% Pittsburgh & Lake Erle.50 Pittsburgh Metallurgical 10 Pittsburgh Plate Glass..25 2,400 . ""526 25c May Sept 13% 13% 600 pref.lOO 9% Nov Oct 6% Jan 45% Mar 70 Jan Mar 16% Apr Nov 96% 65% 68% 1,600 12% 65% 3% 3% 400 2% Aug 300 7% 14 250 15 • Oct 4 Jan Jan 2 300 3% 500 "lido 73 3% 3% . Aug Oct 12% % % 3% Feb »i« ApJ Feb 2% Nov Mar 4%, Jan; 2%. 8% 10% 8% 7% Power Corp of Canada...* t Feb 3% 17% June 23% % No\f % V Nov Jan Jan Jan Jan Pratt & Lambert Co. Oct Premier Gold Mining... Prentlce-Hall tnc 20% 20% 21% 550 % * ».« 600 15 Aug' 44% Mar 12% Jan Pressed Metals of Am___l 10% 2% 38 com...* May 12% Jan 5% 100% Sept Prosperity Co class B___* July Providence Gas * * 800 6 6 Producers Corp of Nev_.. 1 Feb Feb j Jftnj Jan 1 Oct Oct Oot 87 | Mar 6% 1st preferred..'..100 % 8% , Nov Nov 66 v64 1% 18% , 60 ^61% 1 % Alexander...5 5% 44% 64 .7.50 10 12% '3% "*3% May 4 Jan 7 Nov Mat- 28 Sept 6% 1st preferred 9% Mar 7% 1st preferred Puget Sound P & L— Jan 10% 2% May Mar July Nov % Apr Sept Mar "566 100 8% 12% 4% ""% ""fi 100 Apr Feb "360 38% Sept! Jan j 8% Aug 6 : 1i« May 3% Nov 7% May z% May 'le Feb 5% July 8% Mar Jan July 4% 20% 7% 1,300 13% Navarro Oil Co 1,800 1% 3% ""300 i'.30c Nat Union Radio Jan hs July 1% 1% "ii% "12" * Feb 1 \% 150 1.600 5%% pref. 10 National Transit-...12.50 Mar Aug 46% •' 5% preferred D 100 Kingston Products 1 Kirby Petroleum 1 Klrkl'd Lake G M Co Ltd I Oct 62 8 Oct 3% 14% Jan Nov 275 8% pref.25 Phillips Packing Co.....* Phoenix Securities— 6% 5% 120 % 3 Apr 51 106% 107% 4% ■: 2% National Refining com:::*1 Nat Rubber Mach ..* 115% June Apr Mar 200 22% * Rubber... 1 37 *12% "13" 96 Jan 32% 79 Prudential Investors ~23%" Nat M fg & Stcres com... Oct 19 Julian & Kokeiigc com..* Oct 35 % Apr Aug 13% Jan May 12 May 6% 10% Mar Oct 162 44% Mar 15% Apr 14 com.l preferred.....50 National Container (Del) Aug 33 Apr Mar Pltney-Bowes Postage 140 si« May 5,100 % SI8 * National City Lines 99 % Oct Nov 104% 99 fi 86 fi 94 ..: Apr % fi 107% 108% 100 6% May Mar Jan National Brewertes com..* . 3% 13% 7% 8% May 25 54 Pneumatic Scale com... 10 Nat Bellas Hess com...:! National Candy Co: : Oct Jan 33 54 Potero Sugar common...5 Aug Jan 5% 2% 2% 1,700 50 % July 5% Aug 3% Jan Nov 9% 5% 67 Nachman Springfilled....* f Jan 30% June 12,900 9% Powdrell & Jersey Central Pow & Lt— Jan Feb 28 10 9% com 20 Penn Water & Power Co.* Polaris Mining Co Jeannette Mar 5% 400 28 3% 107% 106% Sept N Jacobs (F 4 18% 67% Jan Feb 2% 11,700 3% Penn Pr & Lt $7 pref...* $6 preferred * 1% 2% 11% June 129 150 8% 10 100 6% preferred Feb % 8% Mar % % Meter... 13 129 Muskogee Co common...* % 9% 9% 34% 31% 108% 87% 31 .* common 36% Jan 3,100 12% 5% ..* Pepperell Mfg Co Nov 5% 9h 14 Iron Fireman Nlfg vtc...* $2.80 series pref Jan July 2% 129 13% Sept Nov Mar May 1% 129 Aug Pennsylvania Gas & Elec— 8% »i6 May 4% 5% ....... 3 May May May May 3% Nov "566 33 33 .* 9% : Apr 50 5% Common Jan 6% July Mar Pioneer Gold Mines Ltd.l 50 200 % 5 ""l% Mountain Sts Tel & Tel 100 12% 30% 28% 101% 78% Pennsylvania Sugar Feb com.5c 14% .1 Investors Royalty.. 3% $5 scries pref Penn Salt Mfg Co. 7% Nov 156 1% Jan Jan Interstate Power $7 pref.* Jan 6 Pennsylvania Edison Co— Jan Mountain States PowerInterstate Hosiery 120 2% Aug % Mar 1% Sept Producers—.10 Mountain 300 28 Pennroad Corp com 1 Penn Cent Airlines com_.l 6% Sept Nov Mtamin...l Interstate Home Equip.. 1 Penn Traffic Co 116% 6% Oct 4% Nov 28% Sept 14% "19% "l*9% Oct be 10% 100 5 200 1,300 50c Phlla Elec Co $5 pref 5% Sept % May Montreal Lt Ht & Pow..* —.1 SI.75 preferred $3.50 prior pref 7H-* I# Monogram Pictures com.l Monroe Loan Soc A 1 Montana Dakota Utll. 200 Internat ........ 4% Monarch Machine Tool—* Petroleum- Coupon shares....;.:..* Fuel Jan 3% Missouri Pub Serv com..* Mock Jud Voehringer— Common.. Jan 54 July Jan 11 6 % Peninsular Telephone com* $1.40 preferred A 25 July 112 100 21% 116% Jan Feb 2% 7 7% pf 100 6% preferred Jan Jan 7% 7fi Sept 5% Aug Mlsslppi River Power— Intermit Industries Inc.. Jan 3 American shares Class A Hydro Elec— "*3% "T% % % 46 29% 106% Paramount Motors Corp.l Parker Pen Co... 10 "2% % 43% 12% 32% 29% 106 * 6% Apr 1% 200 7% Jan 14% May 67% Jan 29% $1.30 1st preferred...:* Pagc-Hcrsey Tubes * Pantepcc Oil of Venezuela— Aug *13% Mining Corp of Canada..* Minnesota Mln & Mfg...* % June 12% Public Service 12% 31% 6% 1st pf.25 4% 15% 50 7% 1% -.10 Midwest Piping & Sup...* 1 Mid-West Refineries 78 h Pacific 40 50 Mid-West Abrasive Jan 12% Jan 3% 15% Nov 1% May Pacific Can Co common..* Penn-Mcx 15% Aug Nov 8 Oct May Apr .48 . Apr 500 .* 50 5% 5%% 1st preferred—.25 Pacific Lighting $5 pref..* Pacific P & L 7% pref.. 100 Jan 6% 50% . Pacific G & E Mar * dlv shares.* cum % International Cigar Mach Nov 112 1% 300 115 115% 118% 110% Jan 5 Jan 40 6% 6,500 3% Sept 23% Apr 110% Jan A ug Nov Aug Feb 71« Jan July 1 % 2% Midland Steel Products— Aug Aug % Insurance Co of No Am. 10 Feb Aug Apr 4 30 July 4% • Jan Jan July % May 1% 6 100 107% l 400 * 40 17% 50% Patchogue-Plymouth Mills* Mldvale Co new com 7% preferred.......100 International Omar Inc Aug 40 May 1 Clafs A... Apr % 3% 160 116 "7% "7% 50 29% May ' Mar Nov Nov 2% Apr 16% Oct 106% Nov 109% Jan 111% Sept •tll3% Mar 105% June 15 com. $3 preferred Apr % 6 7l« 110% June 190 22% 6 Middle West Corp com..5 Midland Oil Corp— $2 conv preferred 2% Oklahoma Nat Gas 4% 2,000 6 5% 1 Sept June 7 700 114% 114% 21% 23% 22% 5% 225 2% 14 $5% conv prior pref...* Oliver Utd Filters B. * % 3% 9% 200 '3% A...1 Clafs B July Sept 5% 5 —-1 6 9 Ilium Oil— International Jan 5% 22 16 'l8 Micromatic Hone Corp.. 1 Middle States Petroleum— Industrial Finance— Intcrnat 148 Feb Mar 78 400 1,600 17% Apr July 31 10 — Class B v t c— 5%% preferred.....100 V t ccommon.... 10% 3% * Preferred Indianapolis Power & Light Non-voting class Jan 105 Apr 9 Indiana Service 2 Z 3% 3 6% 1st preferred—..100 Nov 1,600 % 2 Nov 9% Apr 7% 2,800 1,200 115 116 Ollstocks Ltd common...5 26 50 % % Michigan Steel Tube..2.50 Michigan Sugar Co 2% May 7% Sept 7% Sept 3% Ireland...£1 Class B 400 Michigan Bumper Corp__l Jan Aug Imperial Tobacco of Great Indiana Pipe l.iue.-..-7% Indian Tor 5% * $6 preferred Jan 35 4%% pref.lOO 7% 1st pref...100 Jan Metropolitan Edison— Jan Class A vtc. A "166 99% 100% 1 25c 15 Partlc preferred Britain Ohio Power July % 6%% A preferred...100 Illinois Zinc Co 26% Warrants Metal Textile Corp conv Jan "■ 18% Messabl Iron Co 5% 26 5 "26% 16% Ohio Edison $6 pref.....* Ohio Oil 6% preferred. 100 59% 2% May Apr Mar 3% Nov Mfg cl A—1 10% 119 100 3 17% Feb 2 % 15% 50 3% 4 com.... Apr 7t« 4 1,300 Jan May 5 110 O Ogden Corp Ohio Brass Co cl B com. 5 Apr 124% 4% 21% % Jan 110 100 10% 2% 15 115% 115% 2% 15 Overseas Securities 21% 112% 10% Corp... June 5% 8 7% 130 % 132 com..* Stores Oct May 1 200 Feb Apr 10% Feb 1% 500 1% 2% Jan 55% Participating preferred * Z.<. Jan 1% "'lfi "l% McCord Rad & Mfg B...* Dredging...* 112 Novadel-Agene "26% ""Jail Ji6 May 300 Jan 23% Jon 23% Jan 53% Sept 101% June Nov Apr 2% 9% 2% .....* $4 preferred % Sept 3% 56 Mar June Ohio PS Memphis Nat Gas com..5 Huyler's com.... 38 100 10% '"*% ""% Mass Utll Assoc v t C...1 13 5% 10% Corp,. * Marion Steam Shovel...* "106 24% June Hussmann Llgonler Co. 50 May McEwen Kaiser Co— Nov Oil 6 Hummel-Ross FibreCorp 5 500 Communication Co Ltd. Margay 117% 31% 114% 59% 3 56 /ug 3% . Aug 17% 50% . Northern Pipe Line.....10 Northern Sts Pow cl A—25 Marconi Intl Marine 9% 13 111 59 % 6% prior preferred...50 High Low 18 Jan lsu July Sept 1% Mar % 200 % 24 17% "is" "is" Inc...5. (Harvey) 400 25% 5% preferred.——— 100 Hubbell 30 26 115 25% % 3 Jan Nov 2 * Jan Range Since Jan. 1, 1941 Shares No Am Utility Securities.* Nor Central Texas Oil.. 56 Apr 7% 11% 31 % Horn & Hardart Baking.* North Amer Rayon cl A..* Class B common * Aug 24 June Price Par 7% preferred—.—100 Mangel Stores..........I $5 conv preferred » Manlschewltz (The B) Co * Mapes Consol Mfg Co...* Sept 18% Hormel Horn & Hardart Jan 13% 99 Mar 18 400 19% Week Nor Ind Pub Ser 6% pf. 100 Manatl Sugar opt warr... Apr 13 Co com* 1 '] M . 18% for of Prices Low High Feb 1% 27% 25% Feb 25 18% Week's Range Sale High Aug 21% c.100 5 Jan Feb Horn (A C) Co common.. 1% Nov 5% Feb 8% Horder'a Inc..—.-.. (Geo A) Feb 65 400 Low Shares 1st pref.-.100 Conv 7% 1st pf v t Mar 2fi% 10 85% 16M 10 Hoe (R) & Co class A—10 Holllnger Consol O M. 9 Conv 7% Lynch Corp common Last Range Since Jan. 1,1941 Sept Sept Nov "150 Hewitt Rubber common. .5 Heyden Chemical. Jan 24 25 Preferred ex-warr Aug 11 of Prices High Tmd Price , STOCKS (Continued) for Week Ludwlg Bauman & Co com* Sept Sept 6% 12 7% 22% 25 w \v 4% 32% Apr Oct 4% "200 "9*% ;"»% 2 Heller Co common Feb 9% June "ado "5k "fi 8% * Class A. Mar . 5% Par High 20 25c Helena Rubenstein.—__.* Sale Sales Frldag Sates Week's Range Last (Continued) Week 3% 2% 3 STOCKS Range Since Jan. 1, 1941 /or i)referred._.50 conv Hecla Week's Rangi Last t'ridag bates Pridah STOCKS Feb 9% 109% May 14 116% Aug Public Service of Colorado $5 prior preferred * $6 preferred * — 108% June 105% Jan 113% Sept 105 103 104 47% 46% 625 49 775 Puget Sound Puip & Tim * Pyle-National Co com...5 Pyrenc Manufacturing.. 10 118 May 37% May 14 % Feb 7% Oct 6% Jan 67% 18% 8% Jan Apr Feb 8% July Jan 64% Sept I 12 94 Oct Nehi Corp 1st preferred..* Emil) Co com..* Klcincrt (I B) RubberColO Knott C rp common....1 Klein (D 13% 12 97* ./*97 " 94 Apr Jan Apr 4 113 • 4% 40 "4% ''4% Apr 50 Apr 6% preferred.:4l00 $2 preferred * New England Tel & Tel 100 Apr 13% Jan New Haven Clock Oct 5% 4% " Jan / es 37% i 39 7% : 8% 3 3% lfi 1fi J) .100 Ltd—1 8% Lakcy Foundry & Mach—1 Larnson Corp of Del.....5 37 70 300 ■3 —-* Clas-sB.;.1* Lefcourt Realty common. 1 Conv preferred-......* 8% Aug 2 106 June fi 200 8% . Jan 10% 17 %*Nov 3,600 8 18% 220 6% - Jan 112 108 Oct 129% Aug 200 3% July 63% 1% 64 t% 800 61% Feb May 200 29% 4 Jan Oct 15 K: Feb / 6 Apr 7 100 15% 7% 109% 110 200 - - 80 July Aug Apr Sept Mar Nov New York Nov N Y Water oerv 5 6% pf.100 Lehigh Coal & Nav_—...* 4% hi Leonard Oil Develop—25 Le Tourneau (R G) Inc..l Line -.5 Material Co 4 '35 5% Locke Steel Nov Feb Oct 8% Jan Aug Sept Jan Aug Chain...;..—5 15% 1 13 13 , 50 1% 15% common...* 300 13% 1. 350 8.% 13% 13 3,400 Oct Mar 36 34% 150 36 1% 15% June Nov 10% - • t * 8% 8% Long Island Lighting- ..:...* 7% pref class A..... 100 6% pref class B...-.100 Lcudon Packing.::.. .* Louisiana Land & Explor. 1 . Jan 6i« 19,700 24% 25 100 21 22% 4C0 % -% • Nov 21% June 19% July 1%. "4" 4% 106 Louisiana P & L $6 pref.* 1037. % Jan 35% July 32% Aug Jan 3% 5% 109% "T%" "5", 000 4 Nov 20 106 Oct 106 — Sept July Feb .5 NIles-Bem-Pond new com* 1% 63% 575 52% 100 3% $6 preferred Common.L. * 15 14% $3 * 47 47 31% Sept 8% July Apr 6% Jan 26% June / 'is Jan 7% Jan Jan .;;,% 44 , Oct Jan! Jan! 18% July 3% 3% 1,000 »i» Jan! 100 3% he. Feb J Nov! 17 42 Jan 18% 300 u % % 1,500 lu Jan| 12% 12% 100 12% NOV: 4% 4% 3,900 * Republic Aviation. 1 Jan 61 May 79% Jan Richmond 52% Nov Feb 65% Jan *16 OCt st« 3% 20 88% 13% 14% 600 13% 3% 3% 100 33i 3I6 3tt 1,300 725 Jan Apr 4% Sept 1% Jan 21 Jan 7ai June 3% Feb 10% 4% Oct 16% 5% 14% Jan 7% Sept Oct July Nov Sept % Feb Sept 1% Jan 3 May hi May 70 Feb 1 *i« 4 Feb Oct 6% pfClOO 101% 101% 6% preferred D 1UU 6%% pflOO Rochester Tel Roeser & '12% "l2% Nov 10% Jau Rome % Jan Roosevelt 4 Jan Root Petroleum Co % 104% Jan Nov conv "166 9% 400 9% Cable Corp com..5 Field Inc.. 5 1 2% "~2% pref......20 13% 13% Z2% 13% Royal Typewriter 12 * ...» 105 Jan Jan Jan Oct 107 Feb 114 May Oct "700 200 Feb 14 8% Apr Mar Jan 10% Jan 2% Nov 3% Sept Jan 16 1 4 % July 100 Rossia International Royallte Oil Co Ltd. 102% July 101% June 111% Oct Jan 1% Pendleton Inc.* 14% 25 Tu Jan Feb 93 •. 100 Radiator..... 1 Voting trust ctfs_....:1 $1.20 104 £0 Rio Grande Valley Gas Go 2,700 ""3% "4% 18 Rice Stlx Dry Goods.....* 3% 1 18 1 Mfg Co 3% 92% 100 Jan Jan Fen Reliance Elec & Engin'r'g 5 Reed Roller Bit Co Nov 1% 3% 90% —1 * preferred 13 10 47 conv 7i» 250 15 Red Bank Oil Co.......* "xk """ii "uoo 101 Jan 9% Feb 5 753 Raytheon Mfg common 50c Nor Amer Lt & Power— Common 250 % 3,900 Raymond Concrete Pile- Jan 7% •13% 5 Noma Electric 6« 5% Railway & Utll Invest A.l Rochester G&El Bl Nineteen Hundred Corp 10 July Jan "iuoo preferred-... 100 Nipissing Mines.:..— ' H — For f otnotes see page 8% Class B common—. Class A % 5% % warrants Voting common. 7% 116% Niagara Share— Jan Option 1i28 20,000 52% 5% 1st preferred—..100 5% 2d preferred—...100 1% 62 1% Class A opt warrants. Feb 19 Nov 105 159% 142% Oct 6% June Reiter Foster Oil Corp.50c Class B opt warrants... Lone Star Gas Corp. Common.. . 20 Railway & Light Sec— 105% V 6% preferred..2o Brothers I32 23% 5% 400 6% Ltpton (Thos J) Inc— Lit 37,000 200 ll6 Z 2% 7,300 27 27 "5% 5% % *34% 4% 120 R Rhecm ——.10 145 Radlo-Keith-Orphcum— Apr 107- Niagara Hudson Power— Common 66 145 65% 66 145 * Jan 22% Transit Co % * 100 19% Shipbuilding Corp— Founders shares -1 8% 6% preferred Quebec Power Co 98% June 15% 7% 15% . Feb ■■v.1.:- iZ Z/ 109% Jan Jan :'h Oct 2% $6 preferred..——:..-* Sept 1 3% Jan Feb 17% Sept 70% 2% 28 —10 7% pref. .100 N Y Pr & Lt Quaker Outs common Jan 6 4% 13% "63% N Y & Honduras Rosarlo 10 N Y 8% Nov N Y Cicy Omnibus— Z Warrants. — — > Feb * 15 I % 10 10% * N Y Auction Co com Jan 5% 98% Jan 7% June 300 100 1,275 Co——.——* 14% 46 Jan July 100 u Nov 29% 110 Oct 28 28 4% N Y Merchandise. 7% pref..100 Lane Wells Co common._ 1 Langendcrf Utd Bakeries— Lane Bryant C'hiss A. Jan Nov Nov 7% 3,100 110% Oct 6% 56% .* Zinc.—. 25 Mex & Ariz Land—-1 New Process Ml 2 Oct Jan 12 Jan % 5% "166 10 28% Co...* New Idea Inc common.. New Lackawanna RR (N 100 11% ;Z1/' Apr "300 104% New Jersey Lake Shore 11% * New Engl Pow Assoc 5 Nov Feb % Nestle he Mur Co cl A—.* Sept 11% 4% conv 1st pref....1(M) H) special pref. 10 Co.—-.1 Nov Mar 2% 3% Corp...5 Neptune Meter class A...* Nelson (Herman) 50 100 Kress (S Kreuger Brew ing July 8% 10 Kobacker Stores Inc.....* Kopners Co 6% pref.. Kresge Dept Stores — - 55 55 200 52 Mar Sept % Jan 59% June THE COMMERCIAL & FINANCIAL,CHRONICLE Tuesday, November 18, 1941 NEW YORK CURB EXCHANGE Lost Week's Rtrty Sale {Continued) Par Price ft id-ay MM. lUU* 7%, STOCKS of Prices High Luc ■ Saks Friday stocks Week Last Week's Range for Last Week's Range (Concluded) Range Since Jan. 1.1911 for Sale of Prices Week bonds Sale Shares (Continued) Price of Prices Low High Price Par ■tharet June 4% Ryan Consol Sept Sept Apr Ryerson Low High Range Since Jan. 1, 1941 Tung-Sol Lamp Works...I IX 6X Range % Jan. 1 Since Feb 80c conv preferred.....* Sales for Week, July July Ave 24 .1 Petrol.....* & Haynes com.l Russeks Fifth 6% Ryan Aero mutlcai Co.. Baldwin Locomotive Works- Convertible 6s........... Udylite Ori>.._. .1 24 Unexcelled Mfg Co.....10 Ltd Lawrence Corp St Pa.,er common. .5 7% preferred- 4 105% 113% Bethlehem Steel 6s Un Stk Yds of Omaha..IOd Birmingham Elec 44s B-.ston Edison 2%s......... 1,4% 115 156% 1564 103 103% 104% 105 14,000 1014 103% 24,000 103 Broad River Power 5s 104% 104% 1,000 1 3% Jan % U .7 4 cum 1 A part pref 5s series - 7X ited Chemicals com.—? $3 Un June 9 Apr C.*.'—..... 149 158 105 102% 106 60% * Cigar-Whelan Sts._10c Aug X June 9,500 . * United Aircraft Prod June Soli i ff Co common.. 1064 115 Union Investment com..* —... Savoy OH Co...... 1094 1274 6,000 7,000 13,000 Jan ired Corp com.l Salt Dome Oil Co... Samson U Sauford Mills.. 41,000 113% 113% Sept Nov 100 —.... 1104 113% Union Gas of Canada July % — .50 CLss A $2 conv pref. St Regis % 714 ...1950 Bell Telephone of Canada— 1st 5s series B 2% 474 4 United Corp warrants %s 1,500 Schulte (D A) common.. 1 United Elastic Corp.....* United Gas Corp com...l 20,600 prefer.ed—. —.25 1st $7 pref non-voting. .* i Conv Option warrants Scoviil Mfg... " 106% 10.000 %> Feb Nov Central III El & Gas 3%s * WaTerService«6 pref..* 74 }/£ 15,200 24H 27% 5,800 Common class B * Scullln Steel Co com—.. hi $6 1st preferred * Cincinnati St Ry 54« A... Securities Corp general... 1 Inc.--.-—.* 45% 404 99 99 100% 100% 1955 _ Cities Service 5s June United N J RE A Canal 100 77 77 70* 2(7 United tegal ock & Hardware—1 Selte.ll Jg Rubber com...* Sept ....* Oct Selby Shoe Co Selected Industries ""x "~h Profit Sharing.25c "Ape Preferred Inc "l~80C "53 k "55k ....25 43% United Specialties com__l U S Foil Co class B 1 8 X Nov May 734 88 69 4 88 1054 107% 124 12 41,000 5,000 11,000 "2",72r; .VJ49% 5^8-- Apr 43 11c 44 44 3,100 74 7.4 X 57X 7X 56 X MX ox U _ Selfrldge Provlnc'lfits Ltd. SGraptdte $5 1st pref with warr...* U S 11 es pref... ...* urd reg—.1 - 304 31 93 1004 37% 49 86 4 1004 2,000 2,000 90% 1014 7% Feb 3% Nqv . 4 275 3%8series N. 1 Si.50 oonv Seton Leather common... pref U S Radiator,com.. .20 3,600 3 Shattuck Denn Ml.1l.1g.. .5 U S Rubber Reclaiming..* '7": 294 IX 1 20 X IX 1,000 2X 2X 400 . 90% 90% 07% 98 -.....1949 97% 97 98 35,000 104 4 105 10,000 1957 — _ 80 17,000 02,000 -■ 904 79 90% 88 994 88 4 99% 08% 105 J125 ....1951 .1971 —. .1969 — ...1976 . 127% 131% 1)2% 112% 1124 CUban Tobacco' 5i._ 1J0 1054 105% 12,000 126% 1264 1.000 110 1,000 97 97% 364 69 Cudahy Packing 3%s............ 1955 101 106 122 4 128% 91,000 6000 1024 103 25,000 1944 . 107% 1124 1054 111 4,000 110 105% Consolidated Gas (Bait City)—Gen mtge 44s ..1954 Continental Gas & Elec 5s... 1958 Jan 27%'Auk IX NOV .2,4 Nov 50 91% 97% — June , 804 "00% 1st ref mtgc 3s series P... 1st ref mtge 2%s scries <i.. Feb .49 93 128,000 16,000 87% 88% 83 4 Consol Gas El Lt & Pr (Bait)— 7% June 1,300 87% 5,000 ..1952 — Community Pr & Lt 5s Sept U S Plywood- Sentry Safety Control... 1 Serrick Cv<rp cla' sfl. 84 3 X common ...5 U S and Int'l Securities..* S5.50 p,ior stock 25 Allotment certificates 200 91 —196il 54st Connecticut Lt & Pr 7s A Convertible stock... 91 195s Cities Service P & L — - 1950 Debenture 5s Debenture 6s X 4% 10% preferred....... 10 United Shoe Mach com.25 .1966 C>nv deb 5s....... ^" Am dep rets 99% 100 ....1952 — 6sseriesB_. Feb 22 $3 partlcpreferred.....* Common 24*000 ... United Milk Products...* t-eeman Bros 50,000 {♦Chicago Rys 5s ctfs...........1027 Oct 19)4 13.000 87% - 1954 Central States P & L 54s........1053 X■ 1,700 85% 87 .......19-18 Oct X : 85% J106% 106% 15% 154 134 154 ...1961 Central States Elec 5s. 5 4s........ Mar 80 United I.t A Powcom Brook— Warrants... Canada Northern Power 5s.......1053 Canadian Pacific Ry 6s..........1942 Nov 100 7% preferred....... 100 A..*' Scranton 1 ace common.. Scranton Spring X United Gas A Elec Co— 46 pref— Scranton Elec Apr 7%,-Jan . 894 53% 101 98% 69% 1034 Shawiulpa?! Wat & Pow. .* Sherwin-Wi lllams com.. 25 U S Stores common 6% cum prefser AAAI00 Jan Sherwin-Williams of Can Feb Siterx Co common...... efer.ed—__ p ■'16 144 1 100 r 14>4 IX X 00 3,800 ..; X is IX 1 3,800 v r,; 13 13 Utah-Idaho Sugar 5 Utah Posv & Lt %7 pref..* 2X 24 65 X \X IX 10c X 85.50 priority stock... 1 40 X com.. 87 * 954 126 .1956 488% 67000 96 % 77,000 126 86 1953 22 22 5.000 22 1967 109 100 1,000 108 Federal Water Service 54s.. Ft land Rcskleiitial Mtgc 1954 Jan Nov 1.4 45 1104 - .£,#> . ^ 1014 104% *30:4404 -4i%-'48'-; Florida Power A Light 5s Nov &" ■J<A Solar Mfg Co 104% 104% Banks 6s-5s stamped....—.. Florida Power Co 4s series C... Apr 40% 43* 105% 1054 90% 106 Sept Aug X u. . —.........., 104 10 000 .Jan, 62% 14 i • 78% 96% 119% 126 2,000 Erie Lighting 5s... ; Solar Aircraft Go. Souotor e Corp j 1956 .. — ♦Ercolc Marllli Elec Mfg— 64sseries A Jan. ■>' '14% 13 65% Utah Radio Products —1 — Empire District El as.-..—....... 1952 . 28% Universal Products Co...* Smith (H) Paper Eltnira Water Lt & RR 5s... -5%* Feb 26 ; — Electric Power & Light 5s—2030 Oct l'v ' ■ 26% Utility Equities Eastern Gas & Fuel 4s..... Apr X: 23 8X 26 ■ Universal Pictures cora__l Sklni.er Orga i— Jan Feb li« June .• >>2%. Sept Universal Corp v t c—...1 Universal Insurance 8 Simplicity Partem com.. 1 Simpson's Ltd B stocks..* Singer Mfg Co.—— .-.100 ftloger Mfg Co Ltd— Amer dep rets ord reg. £1 Sioux City G & E 7% pf1ftn • 3% 4 Universal Cooler class A.* CUtsB.. ..*■ Slmmone-Boardmao Pub 53 e».,v * 50c 1st $7 conv pref—.....* United Stores common.50c United Wall Paper .2 1024 102% 106 100 3,000 1044 1074 25,000 1024 106*4 Soss Mfg common Soath Coast Corp com.. 1 Valspar Corp South Penn $4 oonv preferred. 5 Venezuelan Petroleum...1 Southwest 1 com % 3X 134 May 4X ' 7% pref. 100 Vogt Manufacturing t 102 Vultee Aircraft Co..:... 1 Southern Calif Edison %;NIay % 17 16 Va Pub Serv % 854 "ok "iok 106. Gary Electrie & Gas— -Fob L, 44 " ■ 5s ex-warr stamped.......... -1944 Gatlneau Power 3%s A—.... -1969 74AJunc - _.... 5% oriri.iai 6% Jan - : Aug -1953 General Public Utilities 64s A.. -1950 Southern !*'.!*• 7% preleried. Waoo Aircraft Co.... Southern Phosphate Wagner Baking— Southern Pipe Li.ie. ,/>; fe,3 .. — — Cliss B... Waker Ml Spalfii g < A v.) <fc Bros. 1st preferred.— Spencer-g hoe Corp. Stahl-Meyer Inc... Standard BrewUig Co Wayt.e K.lttl -Oct Western Air WcBtern Western Common.—— :es Nov —. —...„ Apr 1% 954 June 2% Feb 3% May 3 %, Jan Inc..l ♦Hamburg Electric 7s; Maryland Ry- Standard OH (Ky). sta • 5% preferred...— ..100 65 994 1024 72 884 38,000 88 18,000 ' 184 804. 75% 7000 *63% 42 4 23 4 1074 HO 1034 106% 04% *40 21% 23 884 894 58% 64 174 20,000 45% 20%; 15 J.—1935 .. ,154 June ♦Hungarian Ital jBk 74»-i- .W.1963 Westmoreland Coal——20, Westmoreland Inc...... 10 Jan 17% 87 108% i09 *103 106 ...1938 Houston Lt A Pr 34s..;—-.—.1966 ;,13 104 Hygrade Food 6s A.; 'j/> 6. Jan 85 85 17 X 17% 19 . 584 - A St Ry 54s Western Tablet A Station'y 10 dard Oil (Ohio)— 62 "1,666 ♦Hamburg El Underground jfeb 7% 1st preferred—100 preferred.20 conv *6 4 {♦Guardian Investors 5s..—..; -1948 Aug Weyenberg Shoe Mfg 81.60 98% 1034 11,000 85 86 -1950 ,14; Mar 2% Grocer com...20 Li "130OO 86 % ,. •Green Mountain Power 3%s.„— -1963 Grocery Store Prodfte..—„... .1945 Guantanamo A West6s.—... -1958 2X . Gr Nor Pow 5ssti>d Apr X ■12 West Texas Util S6 pref..: West V'aCoal A Coke 5 .— 984 102 v- 1014 1014 ..1965 Grand Trunk West 4s,... -1950 4 ..h« ■ 2X 2% --1.28 —. - *00 4 4 82 Glen Aldcn Coal 4s„ 15 Weat worth Mfe preferred Standard Dredging Corp— *i# 14 Weill gton OH Co....... 1 Standard Cap & Seal com 1 C0.1V _.l Mills. ..5 >g 894 103 4 *Gesfruel (te.'.7— -1953 Aug Feb 4% •' 1 :g Co 1014 75 -1943 84 j SoutLLnd Rj>y.Jty Co. 100 111948 Georgia Power A Light 5s,.;;. J; .'.1978 7 87 4 Waitt A Bond class A... . r- 2,000 29,000 103 .,y - . V t c extended.... 7% preferred—— .100 ion Gas Preferred A ♦General Rayon 6s A..—v.:; General Wat Wks <fe Elec 5s A pr 100 — glTel South New E SoHthern U 100% 100% 89% 89 4 *101 102 General Public Service 5s—' 54 Common 50 1 Jan 6s series B Oct — . 1.94 9 82M Sem 1940 _; — 14% 184 1094 1U4 *8,4-.- *111% 112 4 82% 82 **764 70 4 82% 82% 82% Standard Power ■& Light. 1 Common cUss BPreferred Standard .* Jan .* July Co..l May July —• Products standard Silver Lead —..1 Standard Steel Jan Standard Tube 8% Williams Oil-O-Mat Ht..* 1 % 54 Wilson Products Inc....I Wilson-Jones Co 12 * 12 7X ;* Idaho Power Jan 104 7 i . Mar Wolveilne Tube com _l—2 44 5X Petroleum...;..l 4% 5% Apr 4 V ; Apr 54 Stetson (J B) Co .. — 1953 1954 III43II4 106% 105% 105 102 4 ——— Indiana Service 6s.. 1st lien & ref 5s.. ;V -;. ♦fndianapr lis Gas 5s;A—. 44 v Jan - Jan / : v-; New York Curb St lanes (Hugo) Corp Exchange Stroock (S) Co..... - Machinery Friday Sun Ray Drug Sunray Oil _ Last bonds 1 . 54% conv Superior Oil Co (Calif).. Superior Port Cement- .. Sale Bonds ] . i' I rice J 7 "•* Alabama. Power Co— 1st 53. -. — C: Texas P & L 7% pref. 100 Texon Oil & Land Co May . T«ew She vel Co com.. —5 ' 4 3% 8ept Mar Apr May 194 Jan ..1 Nov 8% Jan Tistoman Realty & Constr* Oct — .-.1946 Mar Exports—* 34 Mar 4 July Tobacco feec Tr Co j,td~^ dep rets def reg 5s.. Shipyards Corp...* 82% Ja» Toledo Edison 6% pref 10c 4 preferred- —...100 63 1094 HO Apr £ Nov »i# Jan 4% Sept 4 Sept 1044 juue 1084 114 Jan Jan Jan lonopali Belmont Dev. 100 Toaopah ML*ing of Nev.l „. Traus I Lux Corp...— ranswestem 4 4 4% 4% ht Oil Oo—.10 Tri-continental Trunz Inc.. ..^..* Tubize Cliatillon Corp.... Class A .1 2 3w warrants. 7%. 54 34 . 7% 6 34% 1 2% Oct Jan 4 4 X Mar % 7% Nov 84 10% 48% 4 ; 7n . ; 5 Apr 32% May Jan Jan Oct Jan Jan Aug Aug 1956 1968 — — i4,(JOii *104* .1044 *,024 1024 1967 4000 2,000 1087. 3,000 11 21 10 3000 94 11% 25% 6,000 10 154 14 24 10 tux 12 774 ; — — — 39 1952 78% 15 41 66 4 80% 24% 43% 106% 1084 124 26 14 354 40,000 38,000 *108% 108% — *14 ... 15. 14 4 15% 52 % 55 > .103% 106% 402% 105% .103.: 405% 1014 1034 JacksonvillelGas— 5s stamped... j 1„i. 1.1 56 42 16,000 108% 1084 6,000 1054 1094 *107.4 111 '126% 125% 4,000 *23 1284 111 1124 American Gas A Elec Co— 2%ss f debs— 1950 *1054; 1054 34s s I debs.........'..I960 3%bs f debs.;....."— ..1970 Am Pow A Lt deb 2016. Amer Writing Paper 6s..; —....J1961 Appalachian Elec PoW 3%s—....1070 Arka-»sae Pr A Lt 53.;...;..; 1956 Associated Elec 4 %g.—i....... 1953 {Associated Gas A El Co— ♦Conv'deb 4 4s ^.1948 ♦Conv deb 44s —1. 1940 - — 107 103% •. 107 109> 109 403*>. 107- too*" '8Lr, ,103% mx 105% 1094 ' -2,000 ,'2.000 106% 1104 59.000 ,-,100%: 5109%. ^Z,000 ,'.784" :83%r- *1094 .109% 104,000 .406" 109% ' ,128-v 131 U29X 131 105% 29-000 -1044 108% 1054 '105 554 .,54% 56. 120000 •, 43 V 594 1094 4, *'444:4l4% 2.000. 114..—144 84000 414'r>1L%. ,97000 >;124. '19%14%-144 1*4,000 :» i2X-U9 -M 62 ' 9.009 ; 60% 69 -63%, 007%. 107% ,5,000 .106 ' .108%; 1074 110 *1094 JflO : Atlantic City Elec 3%s. Avery A Sons (B F)~ ; — . . .. .196 i ! 5s with wafraats..• 1947 5s without warrants.... J1947 - 100. ?f01^*06/ — .1966 4;- *112 ' lOO: 104% 102 / t*.v: j 106 HO j 1004 tt'.J *»■;:fvt Lake Superior Dfst Pow 3%s.__.:1966 ♦i^Onard Tietz 748.4...—11)46 •M*^- *'I4%'1 24,1)00 {"424 '194, .1968 7, - ks'--;-. Long Island Ltg.6s.Vx-J. :,1945 ♦Gohvdeb'53j—......1950 .L.......1977 3%s. Kansas Gas A Elec 6.s 12%.. 19% ♦Debenture 5s ♦Conv deb £4s Assoc T A T deb 54s A-— 1955 Atlanta Gas Light 4%s..1955 Kansas Elec Power Kansas Pow 'A Lt 3 •.*12%< 184 •: 'V For footnotes see page 12% 9% 8 -—1957 — Debenture 6s. .4 Jan I -1054 108 *1064 *07% *1044 105 103> H)3 1951 .--.—. Appalae Power deb 6s.—.........202 i ' Tobacco & Allied Stocks. .* 7% 4 June 1094 0 % '-i 1X Jersey Cent Pow A Lt 3 4s. Jan 84 924 ; ; 1st Aref 44s Taggart Corp com i Tampa Electric Co com.4* Technicolor lac common .* Am ?•- Interstate Power 5s..... Since — 1st A ref 5s— Todd Week High / 105 v Raw# — 1st A ref 53—... Prod .- *" 84% 75 6000 109 12 -11955 6 4s (Dec 1 l.)41 coupon).. ..11955 ♦7sseries E._— ,—.1957 Iowa Pow A Lt 44s;%— 1968 ♦isarco Hydro Elec 7s. .41952 ♦Italian Superpower 6s.... .41963 1st A rfef 5s.. Tobacco ~ 32,000 -7,; ♦" ■ 72 4 71 4 22 000 884 . for Oct Claws B common.-„..:* Tilo Roofing Inc ; 108 1004 101% 27000 .—. Sept Swan Finch Oil Corp...15 . l/yw 1044 107 98% 103 44,000 7000 70% 79% 109 ♦7s (Aug 1941 coupon) ..-1957 *7s 8erles.F...—. 1952 ♦7s ..(July 1941 coupon).. ...1952 -Sulescj Week's. Raiijfe vk of Prices ;. 105 21000 784 — Sullivan 1024 103 1,000 107% 1114 1064 108 18000 22,000 78 4 - {International Power 8ec— ♦6 4» series C..— ....1 com 106% 107 105% 106 104 4 1054 101% 10'. 4 78 4 Indianapolis Pow A Lt 3%s... Sterling Aluminum Prod.l sterling Brewers Inc 1 Inc.... —— Jan -Nov! J.2 5% 2d preferred... sterling A.. C. — Amer dep rots.——..5s Wright Hargreaves Ltd..* 6% 1st preferred.. ser v.. .—.....^1956 Sf deb 5 46........;... May 1067 I ndlana Hydro. Elec 5s....... 1958 Nov 4% 44 1st Aref 5s > Woolworth (F W) Ltd— Sterchi Bros Stnres. ser 1st ATet LX« ser B Feb 4 4 • 3%s....,'.1967 III Pr & Lt 1st 6s Mar . 114 Woodley — Stein (A) & Go come Mar 1 X 8 Oct 44 8% 1 % Wisconsin P A L 7% pf 100 Wolverine Portl Cement 10 Starrett (The) Corp v t < Steel Co of Canada... Wichita River Oil Corp. 10 Williams (R C> & Co—* Lbutelaiia 4. 4' Ppw A T,t.:5s-4';:._U(J57 ' M Ma^sfeld MLn A 47s mtge s f 1064 109% *108 110 *6 )4 40 4 1034 1,034 104 100% 102% 106% 21000 — 107" 109% * " Smelt—4 .''44: 1941 *8 : 511 25 25 McCord Radiator A 6s Mfg-ri, ^V.v stamped..41 .4.;11948' r. Me.igel' Co cony 4 4s. 111..';. 1947 %■ 100%, 100% 3,000 2,000 77 " 90 * -i954 100%, • i\:;1; T:. Volume 154 .V CHRONICLE THE COMMERCIAL & FINANCIAL Number 4008 1087 NEW YORK CURB EXCHANGE Last IVcefc'.s BONDS Sale 1 of Prices (iContinued) Frlce Metropolitan Ed 4s E %$ 107 1 BONDS" • Midland Valley '...1943 RR 5s..'4 —1967 i05 L..-..-1978 104 104 —1955 Mississippi Pow A Lt 5s -—1U57 Ml 'siffltppi River Power 1st 53...21961 108 4 "......-I960 1034 Milwaukee Gas Light 448----. Minn P & L4^.;- 1st A ref5s„: —. — Missouri Pub Scrv 5s 1,000 1004 1004 60 57 4 1004 64f»---i——- J1945 —,U- 5,000 9,000 1084 1084 12,000 11,000 104 4 104 4 15,000 2,000 1034 7,000 103 1064 106 4 1064 1524 153 ...1949 1024 1014 -.1950 103 102 4 .'.1950 1014 1014 1024 1st & ref 5s ser C. 1024 1064 112 - 1st A ref 44s ser D...... -.. 101 _ ; — 5.000 17,000 — 111 974 i.... 107' 1144 124 106 1094 1,000 51,000 98 63 4 65"'" 2 45.000 56 4 89 4 91 Safe Harbor Water 4 4». -1979 - - D:,^-;-^--;1970 Sou Carolina Pow5s ; i:: „i—;.. 1074 114 1-154 Southern Cdlf Gas — 1050 102 4 -.1947 ........1948 1044 104 4 1044 5,000 604 604 604 8,000 102 4 102 4 103 6,000 102 4 108 1074 1094 2,000 ; 1084 , 6s (Stamped)'. Conv 6s 1094 1074 3«i.2..1971 Public Service ts.......... .1962 Nat GiiH 3 lis B ...-..-1955 1094, 1948 Okla 107 4 " 1st mtge Okla Power A Water 5s 104 5.660 104 104 22,000 1014 1014 J29 5'...t..r. ..I960 104 4 1054 *4*666 106 4 1074 10,000 83 824 82 82 11074 1074 1074 1074 I——(.-1947 82 4 82 4 1114 101 34 4 46 (Hugo) Corp—* 7-4821 .1946 7-4S 3d starapei:'.'jrJ.l.i^'».':-1946 127 30 22 4 Jan 284 Sept Sept 16 1 12 74 Oct 264 Jan 11 J 11 64 Apr 114 7.4 Nov 27 Jan Feb 22 Feb 52 JHn 97 68 May 73 20 20 ♦Piedmont Hydro El 1962 648---.-"...i960 Elec 6s '.il953 Phlla Rapid Tra if ♦Pomeranian 109 it 6s...... 16', ; 106 • 6a series A.—... ;* 5*666 16 v 16 16 694 924 6.000 70 924 Danish 548^......... 1955 16.000 70 924 924 -.184 25^ 10, - ♦ 5s stain |kh1.—— 3,000 93 4 .954, 954 9,000 864 1084 U)84 1084 5,000 10J) 109 4.000 1084 1124 109. 100 X 100, 7nstamped..:r:l947 4 4s B.... 1959.1. Potrero Sugar 98 2 '170 Power Corp (Can) 20 ■ 69 «.u. . 564 ,7, j. , .. J . ' 1 7 Last , v . Jt Friday • '' / \f i Pot , . t Stock#— •///, ,. . 7 * ; ". 'r • •'y-jr ■ <1 98 984 of Prices . Price" Low •1st 8 f official sales lists : .y y y Range Since Jan. 1, 1941 for i Debe tture 6 -/ 10 4 T Shares Lbt» T High y 174 .::.:-1941 May 1.00 Boston A 100 Power.* 44% preferred B—tlOO 3.60 3.65 ...'95 ,1.65 Jan : 5 4 Sept ■dUT 564 732 17 1st pref vtc— Cousol Gas E L A 544 117 Davison Chemical coin. 100 ,-:t preferred.......: 100 2*\* . v.'. 7! 34 I. 15 12 124 25 20 (City) 7s.. 1939 ♦Ha lover (Prov) 6 48.194,9 Lima (City) Peru— 24 4 (Jan aded) Par IT666 14 30 8,000 85 1014' 88 1014 103 1084 1U2 ~ 1004 1004 9,000 1044 i044 1014 102 4 78.000 .02 ,,.t_.iJ1952 • 5,000 Price Low •21 ■: 204 Range for 934 Since Jan. Low Shares 11 150 12 21 114 : High 71 >; 64 54 64 6 64 . Jau Feb Oct Aug - June 13 Eastern Mass St Ry— . Feb 234 126 4 ♦issue cf Oct 1927 126 4 L Oct Aor 7 4 110 4 Apr 74 204 Sept ,'1,15 Jan 83 June 7:89",: 21 May Feb 444 $4,000 33J4 Mar 5 J 4 40 4,300 .7 Jan 500 100 1014 1014 Jan : 71 k- 2,000! -64 4 Apr . Oct Nov 34 Jan 47 58 4 Jan 336 304 Apr 414 Jan "y 26 75c 25 IX 24 61 . 27- 254 3 4 689 '2 4 *24 21 36 43 25 26" 264 25 34 34 2 Aug 16 Sept n No par value i-; 14 14 Isle Royale Cop May 24.4 2 May May 14 X Friday's bid and asked price. ♦ Bunds being traded flat ^ 14 -1H .r;": / Low Price Pa , •*: ".*44 39,00c Sept Mass Utll' Associates vtc. 1 "lie lie June Mergenthaler. Linotype. 254 254 54 '34 56 4 102 4 Sent New Engl Tel A Tel:.': 100 July N Y N H A HartrRRI. 100 IHJt 1.:.'.. 2.50 Old Colony RR. 100 73 1094 109.4 Bigelow Sanf Carpet pf. 100 74 Bird A Son Inc..--C ^;2 i -'J .•i 74 80 4 82 4 ...100 .V. 814 24 4 234 244 Boston Edison....->-25 J 1 ' , — Last Par ••-.-•! ' Low — —100 Traveller. * .46 Boston Elevated..:. Boston Herald Boston A Maine— '" ■ >' stamped... 100 100 preferred—100 Class A 1st pref stpd. 100 Class B 1st pref std—100 Class C 1st pre! stpd. 100 Cltss D 1st pf stpd—100 Common . 14 14 ;'>24 4. .Class D 1st pref—.— .lop page . 1)90. 344 Oct Jan 504 204 Apr 17-- * 24 24 2> ; " 37^ 30 VI : ; ... "cons." consolidated: Sales 32(i Low Mar 14 177 Jan ~ •I •' Jan 14 -* 249 i(46 514 454 10 10 4 4 650 24 24 500 '• 50 1 ■ l»tt High Feb 434 • ■■ 8 10 44 May 2 May 34 124 Jan Feb 14 4 ■: Oct 104 10 4 104 150 124 124 20.4 300 104 25 134 204 27.4 854 86 w ^ j 25 Apr Nov June 94 Jan Nov Nov 7 Aug 1684 Jan 294 Sept 30 85 4 1474 150 4 1,326 147 4 • c254 264 438 (.24 4 34 4 4 2,950 3 4 14 14 250 14 254 254 60 Nov Jan Aug Nov 4 Jan Jan 36.4 Oct ( ^ . Jan 23 1,69(/ 100 cap.50 194 27'- Sent 44 44 Ainer Rad A Stand com..* Ainer Tel A Tel Co cap. 150 c4 4 86 pref...100 Jan • Bearlsg com..! j Jan M;vr Allied Laboratories com..* Albs-Chalmers Mfg Co...* Aug 11 Mar % 10 4 Aetna Ball 574 614 Apr 4 24 24 14 2 July Associates Invest Co com.* 24 sept; Atch Top A 28 May 4 Jan 40 124 Feb 5c May 62c 184 May 28 4 544 4 % Jan 150 24 May 108 4 Oct •Hit Jan 19c Oct 450 4 259 25c 1,560 • ; _ ; " . S Fe com.. 100 264 24 Automatic Washer com. .* 4 c254 24 H Aviation CoG) (Del)..*..3 34 34 34 114 124 hi Berghofl Brewing Corp..l Bethlehem Steel Corp com* Feb- Blnks Mfg Co 45c June '53 Nov 25c 42 114 Feb Mar 194 •* «. 4 4 i-v Qulncy Mining Co.^..:.25 Reece B utton Hole Mach 10 TO 4 M*ach' C0.J0 14 Shawinut Assn T, .. "% 'JO * 54 WebKter.:> 1,250 214 4 700 ' Oct Oct 8 Feb Aug 254 June 14 June - Fe b 1 140 100 10 ■V c- 1H 6 H 2 2'- 'L'i o{ 2 com.6 Barg Warner Corp com..t» 64 -i* c>64 i • Jan 26 Union Twist Drni Col...5 '•> 36ys United Fruit C'6.. Utah V 70 4 72 4 56 • ..vi, Apr Vermont A MasSRy . 434' 444 Y 28c" J3lc 104 2l 100 594 June 75 4 Sept Cent S W Utll com..50c 494 Apr 424 Oct 634 Sept 464 July 28c Nov 33 4 %• ;; 635 52c Jan July 14 104 34 AUg Warren (S D) Aug 98 Apr 107 ..244, 177 84 - 4 50 244 10 74 Apr • l970 4s.'.tiv:a::':!n.i960 Boston A MaitHe;44s E Mass it Hit werA' Aug . 17 %■ Nov 24.4 Nov 31 384 704 $500 V 104 174 764 - 2 22' r" -t;M . — ., 114 4 July Fei 64 No\ 44 1 954 950 h* 64 H 102 34 J<i 6.4 J» 4 112 4 May Nov 304 June 40 •-,4.4 Oct 10n 164 021 30O 104 M-y 4 Oct 33,170 "18 4 Jan 200 664 June 1,000 101 •>%... Jan 39 4 Nov Mar Consolidated Biscuit com. 1 Apr Consolidated oil ''or * 284 300 27 4 47 400 50 4 Nov 56,4 34 775 52 Nov 250 90 394 21 . 39 204 22 ■ .i ""*64 14 14 6 14 •64 21,900 ■■'••• '■;•■ 1 r Jan Jan 64 July 37 4 Feb -41 20 4 Nov Oot Feb 30 500 14 64 Juiy 724 OH 1,0*0 J.fi Jan 73 3 4 - J an Jan - 314 '•■ Jan Jan 84 214 ■• Feb 62 52 39 Com'wealth Elison com. 25 74 1054 ®1H 3 4 Jan July "Nov 504 • Jan h» Fei 284 52 Jan 21 02 4 »16 Aug 144 90 114 Jan Sept Jan Oct 80 164 Jan 24 liX 17 9,850 •'4 4 J* Sept 18 • Ja 75 4 ' 114 284 94 1204 Oct 14 JUIH 24o 354 164 •52 4 Aug 54 June Jan 184 300 1034 4 32 4 754 24 % 1,150 102 "324 Sept An. 4 V'V-16. 64 ■> 64 pref..—.—.* Jan 41 Jan 104 200 -»i« 4 6 Apr 84 14 4 ; • 9 Jo ' Coleman I, A Stove com i04 4-1-044 754 Chicago Flex Shaft com..5 Chrysler Corp common.. J5 June r. 1704 17 76 CMMes Service Co com—.10 v,384 94 Cherry B jrrell Corp com. 5 Chicago Corp common..J1 •< Convertible preferred..1* Aug 34 <6 (lent States Pow A Lt pf J* '*•4" ? Bonds- >24 "Oct Apr 16 200 54 Jan '•■v.vl J an Aug Nov 44 Feb 134 June • 180 1,200 34 32 4 564 1,500 14 24 Mar 94 Apr 14 June Jan 124 ' 5 " (So"...--;.* Aug Prior lien Preferred.—i Choi.1 Belt Co com r 194 15 12 4 14 • Jan 6 100 10 rn r 650 54 _ 10 141 60 ""24 1 163 Jan Aug % 850 4% 12 Butler Brothers...--... 10 1,469 25 270 ,104 "74' 4 244 Burd Piston Ring com.. Mar 84 Jaa Aug ;2 326 74 Jan 40 Nov 11 29 H 34 Apr Jan '•>'. % 54 (,:;;.24:;;;;Apr 264 100 4 14 X 15 14 J...6 304 54 390 264 374 54 54 ■' pref.25 Metal A Tim Co:v.1 cum (E L) com 1,150 364 7214 United Shoe Maoh Corl5.25 6%, 254 Bruce Co Apr Feb 638 "6 Apr Jan 650 184 "164 Brown Fence A W Ire com. 1 Campbell Wy A Can Fdy.* C sile A Co (A M) com. 10 Cent 111 Pub serv $6 pre!.* Cent 111 Secur Corp com..l Convertible preferred..* 94 1,120 4,050 a % 134 i' cap——i.,-1 Bll*s A Laughlln lnc ' 216 150 4 374 36 .a • 164- 164 •224 23 % •; 1 94 94 14 14 34- 10 Jan Jan 354 23 1 Co com 10 Belmont Radio Corp.....* Bendix Aviation com....5 Belden M fg Jan 129 24 Jam Oct 54 24 492 274 Athey Truss Wheel cap..4 July 64 Apr 4 4 (Aug; 166 12c : July 21 509 54 1 July 64 301 28 4 common..5 Apr May 20 124c 5a 224 34 " Aug 34 July Jan Jan ^Low Shares 50 - " Wal dorf System I : sc 1.. f Warren Br0s:2 .'ll'.'.ll.'. :* 34 Jan 14 -1 4- High 454 common.25 (J P) Mfg com. ..* L2-«2 J ir-ji'Ci Adams Oil A Gas Co com.* Asbestos Mfg Co com 10 a3y • 164 34 Jan Feb •V 54 ',14 '-,*75 ■110 4 •':• 75c- Range Since Jan, 1. for Week Acme Steel Co 24 Teh ; "14 x.:'t4,' (*-.-« 14 Nov Jan Jan 104 97 % -414 24s -24 .(24 2 424 109 Yc Nov 80 4 Nov "•23 4' Nov 551 76c 24 - May 425 84 2 4 -."2 4 7 4 1684 Jan 100 Nov j": 76C • Prior For footnotes see '6,353 74 Preferred stamped... „ V r* ,1" , lot ^a^e. t Odu , of Prices 50 Abbott Laboratories com.* 44 £7 High V 454 46 4 17 - ,174 17 0 1-48 4 350 486 , Jan Ex-dlvldend. Week's Range Price Adams Armour A Co. 231 20c 20c • Cp^.H-sV Stone A 5.288 v * certificates of deposit; Sale ' Amer Pub Serv ' Range Since Jan. 1.1941 Shares * Boston A Albany. May Exduterest. <1 Ftida-J Jan 34 34 110 1114 IIP North B utte.-. Reece Folding for 1474 150 4 149 Tel,.-..:100 Oct 154 Sept 24 Oct *24 Oct 14 4 Oct he June 8\ Mai' 204 ■ Oct JulyOct 284 ' t:5M Natio«mlTut1 A Mines.;:* TorringtohcB"(Yhe).rf::^ Amer Tel A V' is , Abose—^•"cod," Used Jan 194 19 .474 Sept 270 27 44 35 Week High 40 Mar No sales being transacted durlug current week, | Reported In repelvershlp 38 44 27 • 294 Salts of Prices Sale Stocks— Sept 154 Nov 434 June ,"Cum," cumulative, 'conv," convertible, 'SI," mortgage; "n-v." non voting clock; "v t c," voting trust certificates; "w I." when Issued; "w w," wltn warrmitc; "x w," without warrants. .!' v-/', i • ;' :: Aug 4 300 14 14 14 Nov compiled from official sales lists Week's Range Last 27 Mar 15 •! •!, : Allied Products class A..25 84 July 25 50 34 34- 1,14 Pennsylvania RR....V-50 .. 16 "64 97,000 14 14 \t Cash sale V Under-the rule.sale Anaconda Cop Mln V com...;. 100 Cum preferred...... 100 /* 7f •; 5*600 11,000 Deferred delivery sale. a Aug Apr 34 1H June 34 Feb 360 64 Jan May 10 50 15 24 ■fi 54 Narragansett Rac Assti-.l Frida Oct ■ " 15 444 ,V5i 5 203 , Maine Central [i 334 1 4 IX 34 144 . • Mar 28 4 Hathaway Bak (flass A... * Nov 490 ;. 27>< Feb Apr 304 Feb 424 June ...... 134 tl4 4 .,14 1921 ...1949 Oct. 48 4 It, 1 4 ""•14 ■'Preferred....: 57 33 4 Nov. 14, both inclusive, Mar 9 4 — " i34 14 Braoh-A Sons (E J) cap..* /(/Cypi:,- V 224 23 M 27 4 — 20 4 *20* (State) 7s...3958 ♦Rio de Janeiro 6 48. .1959 July Feb Nov Nov Em pi Pacific Mills Nov. 8 to Sept Advanced Alum Castings.5 Adjustment... ......100 98 254 (, Sept 114 ' Eastern 88 com.........* Jan Oct 334 . 84 154 'Mar ■ 284 16 4 115 ♦Parana Aug 54 -y Nov 20c- : 14 Common /I'-'.'i.-.v £-.100 124 44 244 .11945 Oct Feb Aug 7 ; 13 1.000 /Chicago Stock Exchange 334 6% prefert'^di'MOO 1,334 Preferred B1....... 100 24 4 94% 7.244 Ci- —(—1975 54' Jan Aug 47 i -. 4% prior pref.:.i.l60 Sept Oct 2554 " 69 * 4 Co...-.15 Lamson Corp (Del) coin. .5 6 % -pre ferred.:.....; 50 89 1975 May 94 104 A. Gas Assoc— Com tnoti. 2. Gillette Safety Razor Co.* 87 i • , .• Oct 29 , : 16 64 164 104 104 ♦issue of May 1927 Stocks— 174 2 • Jan Nov 8 27 1941 1, 44 219 Feb 164 May 700 98 7 27 Oct Mtge Bs of Bogota 7s_ 1947 High 124 370 64 May 154 350 444 Jan June T660 18 4 1958 ♦Mtge Bk of Chile 6s.. 1931 Mtge Bk cf Denmark 5s '72 Week I F Group Assoc T c'..';* General Capital dcrp....* 44 - Jan 27 344 (sales Week's Range T of Prices ♦ t July Oct 239 15 - 40C 30c . • . 64 1154 *648 stamped..:.'. 1958 Abbreviations Hecla.'.5 354 104 3 780 2434 243 4 194 194 7 Nov Nov 1,090 64 304 74 1004 1004 1004 Last Oct 135 Apr 94 25 124 23 4 - 37 Jan i •1134 128 - 1 98 1975 .:; 13 23)00 Jan ; > — 17 135 " -9 Baik.2b Bait Transit Co 4s flat B 5s 104 2 Guar..-.2 Ga Sou A Fla 5 ?o■- It 29 19W Cosu;ilty2 North Amer Oil Co com.. 1 Northern Central Ry.. .50 Penn Water A Power com.* Bonds— Jan Jan 68 J1 1184 54 10 50 New Amsterdam A 5s flat. - 100 May v6.4 ..'• 15 «... ,' 285 10 : .10 Finance Co of Am A com.5 Ga Sou A Fla 1st pref-100 U S Fidelity A 34 114 71H 225 1314 64 12 ' 104 130 Fidel A Guar Fire Corp. Nov 54 i 84 344 , 144 May 1 117 104 84 - - 84 1 Preferred v t c 1 ■; 36 1304 Fidelity A De losit—..'.20 East 11 Sugar Assoc com vtc Western National 66 4 1 V 11H 114 1184: 74,000 ...- 74 aII975 Frdvldericel. 100 Calumet A Sept Phillips Puck 54% Pf-100 58 4 23,000 16 18 Prop Trusts J* -.114 Boston Pers Sept 27c —... 100 4 1064 1094 9-,000 104 11154 117 16 .i-t' ■'! 'aiv * :>• Eastern Fuel <305 2d - 104 U-:--!»974 :i 959 is54s^:*..i. f . T'l 262 Mercantil3 Trust Co 1214 96 14*666 99 956 Delie iture Copper Range. •yd i : '• tv— 55c 4 « Sept 64 64 *2*666 16 ♦Hanover 7s..: 64 64 ♦Secured 6s..... _.'. 1947 ♦54s i. ♦Santiago 7s,. 6s.-..V.'j'.l-—^l *:r:;;:yi94« Stocks (Concl 174 'h'-L 4j'rc 5 6 4 ♦Russian Govt 648—1919 •Sate, Week Higl. 7 Mar 6 13 .♦Extl 6s. stpd...-...1952 ♦German Coh Munlc 7s *4.7 With declaration......'. ^1952 United light A Pow G j—'J ■D-, foales;, . July May ; '25 4,000 OTHER STOCK EXCHANGES .':55c Houston Oil pref. 118 ,1094 1094 654 , 65 4 654 J-4?^..:.'f .......1949 ♦U.rtted El Service 7s: ♦(J ilted Industrial64» 1st liert A co vtc.* Bait Transit Co coin 34 ~ Sale .■;*3.1''if Arundel Corp.: 264 1054 1074 107 1084 11,000 iv , Conv 6s 4tlistpd........ ::;..:Jl950 ! Exchange Week's Range 12 2,000 10,000 ^♦tljenA ::--V Nov. 14, both inclusive, compiled from Nov. 8 to 13 107 4 11184 1194 eriUa.i Baltimore Stock j 80 334 ,,, Un Lt A Rys (Del) 5 4s»- 82 4 1784 Ext 5s...........1953 324 40 3,000 U 100 50 1.000 81.4 . 1004 98 4 - Oct . 1064 1104 i 98 k...2.-':2-:-.l96t 44«series F... ' ,954 .11940 -— .. — ■ ' ; j City"Rap Tr 54s: .]'I ****" USLed Elec N 264 22 With declaration....!. 684 » Portland Gas A Coke Co— 5sstam|>ede<te ideJ,—1950 otirnao Edison 5s K——— 1956 Twin 294 124 8,000 12 25,000 40 I 13 13 ......1968 ;ji >. 28 4 21^: JAn 4,000 23 ' 115 1024 4,000 11 16 20 123 4 ♦Ternl Hydro Et.64s.-.':.r: ^2^^1953 1064 1104 1144 274 ♦Medelllo 7s stamped. 1951 106 4 1104 114 28 16 1.000 -J1979 107 4 1094 High ♦Baden 7s.....^....1951 ♦Maranhao Tiett (L)—see i^onard f,666 Low Agricultural Mtge Bk (Col) ♦20-year 7s Apr 1946 ♦20-year 7s Jan 1947 ♦6ssetles A...,:.^..1952 184 Tide Water Power 5s. ...i.. 3,000 994 754 100 4 Range Since Jan. 1, 1041 $ • ♦Prov Banks 6s B..1951 ines ......2022 3,000 *9*666 764 Cent Bk of German State & 3.000 -+. 1094 794 75 82 for Price 924 83 106 4 109 4 1.054 106 108 4 59 Sales 924 1074 108 110 54s.........i... 1972 Phila Elec Pow 105 16,000 IFcefc 694 184 1957 176 764 Friday 69 83 834 1074 110 1970 • 110 1144 119 794 79 *764 ..1947 31,000 83 83 1074 109 4 ......J195I A Pow 34s 196* 6s series 1) Pe insylvania Wat 3 Ms :* "2^660 1074 1074 ..1937 ♦Stamped 5s 22,000 83 4 1966 Texas Power A Lt 5s... .2:i ......1956 38 1064 5U 24 108 1054 1104 11184 120 •794 of Prices Low High 1,000 834 834 84 824 ....1951 ...,."...1957 Toledo Edison Penn Pub Serv 6s C. 1*07*4 ..2030 unstamped............I....1944 Bcgcta (see Mtge Bank of ♦Cauca Valley 7s._,.._1948 104 4 1064 1074 110 1.05 4 107 4 1979 Penn Electric4s F———— ———-1471 6s series H————:-V.—1962 1st 5s.... 41,000 110 - Week's Range 1024 1064 504 61 1054 1084 5,000 42 42 Te <as Elec Service 5s ....... ......I960 28 22,666 1054 34 11094 110 Bonds 1044 1064 1054 107 4 30 . 105 1054 • 1108 - 1004 1044" 1024 1064 95 1014 1014 ilOl 4 1024 24 24 • Sale Pacific Gas & Electric Co— tioo .11951 Foreign Governments & Municipalities Certificates of deposit.... .1941 Pacific Ltg & Pow 5s ........1942 Pacific Pow & Ltg 5s...... 1965 Park I-exlngton 3s liKH Penn Cent L & P 4 4s.-----...1977 " 1.„ -1-V- Danzig Port A Waterways >; 1st 6s series B 1,000 Last "eooo Standard Pow & Lt6s Sti 1064 103 109 1014 102 4 102 4 103 4 99 4 102 19,000 1074 109 11034 1044 ♦Starrett Corp Inc5s. JJi1950 1064 109 " 12.000 .41961 1074 1114 22,000 1094 1104 1107 4 1084 102 1024 1034 1004 1004 102 4 1064 75,000 1114 1114 -Dec 1 deb8.V..v— 6s gold 1074 105 4 1.1,000 107 4 101 4 102 .1950 1054 103 3,000 1C64 -.1948 Debenture 68 1094 U34 106 110 24 0^0 105 4 i^..+...'l94S DeloentureOs 1.000 '1094 1094 1094 1094 1945 .1168 Ohio Power 1st mtge 3 Ms.- 95 -.1951 85 • 96 93'101 5,000 4,000 1 ...u.-. (stamped) 21,000 1034 1034 105 4 ^J) 53...i. 1.... - - s 1989 ' Ogden Gas latOt——.1— 2,000 964 964 1 ,95 4 1004 14,000 Standard Gas A Electric— O 84 5,000 1054 1054 57 4 57 4 11074 109 Southwestern Pow & Lt.6s Spalilng (A —...*—1969 984 102 104 Washington Water Power.34s West Penn Elec 5s... .'..L... 52 87 4 J2022 •Southwestern Gas & El 3Ms.' 644 494 Northerti Ind Public Service— 75 4 ..1951 1970 Southern Indiana Rys 4s.;. 4 1054 104 1.1957 3lis -..-1970 Southern Counties Gas (Calif)—. 1st mtge 3s..'.-... —1971 45 34 20 36 4 814 100 Southern Calif Edison 3s-.--—1965 37 4.000 104 ,.1946 §*Ycrk Rys Co 5s stpd..'..... 15 54 4 (-95 4 Coal-%^'1 i '££% Jiii47 103 J35.4 1004 1004 138 4 133 • 95 4 954 (95 4 Shawinlgan WAP 44s..i-- —1967 1054 1074 1114 ..... 121 834 101 1064 109.4 814 152 tl 15 North Boston Ltg Prep 34s 1st 3Queries A...... - till.. 113* f 106 4 107 1953 — - Joaquin L A P 6s B —1——n-1952 ♦Saxon Pub Works 6s.-... Ji.'.-..1937 Sbeiridanr Wy<> — 5 4s series A.....— T - 11094 1094 11354 136 18 ♦Schulte Real Est 6s.-. ii-.Yl—.ivkl951 102 100l< ..1946 f 6» West Penn Traction San 1014 1064, — — J. 1094 974 1st 4 4S series Nippon El Pew 648 — — North American Lt & Power— - 100 1,000 117 W 6s 91' 1044 1044 284 164 14 - 87 4 -1960 s 904. 84 Scullin Steel Inc.3s.-.1951 3Ms.....v..-.-1964 Y & Westchester Ltg 4s.. i...-2004 Debenture 5 '. ;1954 * ♦Riihrpas Cbrp648-^:^^^.1953 ♦Ru.ltr. Housing 64*.,.-V1968 51,000 106 4 54« A....' 1st ref 5sseries B. ♦5s Income deb 22*606 904 92 01 • N Y State E A G Nor Cont'l Utll 5 4s 56 63,000 654 11084 110 904 2,000 Western Newspaper Union— 69 4 69 4 694 56 4 7,000 : Wash Ry A Elec 4s. 2 - 82 2,000 'VViyV " ' , 83 4 ' 994 884 119 101: y •. -2022 Waldorf-Astoria Hotel— 112 : 984 1024 83 4 1952 Since 984 105 10,000 ^ 1174 1214 3,000 «6 664 65 "> 64 ♦Income 6s series A.-.-.1949 Ohio— 974 . 654 1918 ...1954 ♦Ext 4Mb stamped..—— Ohio 23,000 1054 109 18 26 4,000 1184 1184 —,'T1050 5s.'.: U New Orleans Public Service— N 103 Jan. 1 104 Deb AE Queens fenro Gas <fe Elec-t 54sseries A J-."..'.'.. 102 4 100 4 1,000 111 " Eftgland Pow 3 4»—i —..V—1961 New York Penn A 100 / 5,000 1194 120 •109 4 109 4 194 8 .............. New England Pow Assn l)el>enture 5 4».. 40,000 ' — Conv deb 5s........ New 101 1064 107 19 19 5s...1917 New England Gas A El Assn . 101 106 4 —1945 1981 6sseries A....... ...2022 Nelsner Bros Realty 6s .....1948 Nevada-Califor ia Elec5s........"1956 New Amsterdam Gas 5s.;.— '...--1948 Nebraska Power 44s V ;. 1034 119 |10Q( j 448.1..1..1—^.1944 1st lien A gen Range S 162 Va Pub Service " —— B_........22030 Serv 5s ctfs 1978 National Pow A I-t 5s 6s..... 150 • N {(♦National Pi'b 5,000 Q Ik Ltg 5s_;'. Nassau A Suff 11,000 for Week • ..........:1952 ....^..i...il973 Deb 6s series A..-. Utah Power A Tight Co— Deb 6s series A.. Paget Sound PAL 54s.... 109 964 104 1,000 152 4 of New Jersey6% perpetual certlfbates.. 1024 1054 106 .1084 1114 1114 106 106 1054 1094 1054 107 1064 109 Public Service 1034 1074 ICS .06 1969 Pub Serv of Indiana 4s. i 604 504 105 4 106 4 1949 S f deb 104 100 (1961 of Prices Low High Price Jed), 6s series A 1...".... 4— Week's Range Sale United J ight A Rys (Me)— 26 64 3,000 2,000 Public Service Co of Coin— 107 1st mtge 34s. Middle States Pet (Cond Jan. 1 «4 64 i Last BONDS Since ; % High 109 4 1094 64 .1954 ♦Prussian Eleltrio 6s.j——— 1054 1094 1104 Low Price Sales Friday Range for Week •i of Prices Rale iv :(Continued) Jan. 1 5,000 Week's Range Last Range 'TstnceTT 14.000 1074 1074 106 4 1074 -.21965 for Week High Low 106 1971 — .. — 4h series CJ.. Range Rales Friday sales Friday - Jan 2 4 6 July 4 Feb Msy THE COMMERCIAL & FINANCIAL CHRONICLE Tuesday, November 18, 1941 OTHER STOCK EXCHANGES Last Sale Price V t c for. of Prices Last Week i Low High Stocks Shares (Concluded) of Prices Low High Price Par Friday for Week Last Week's Range for Sale of Prices Low High Week Shares Yellow Tr & Coaoh cl B— I -—* Week's Range Sale Range Since Jan. 1, 1941 cl A.50 Consumers Co com Common class B Weefc's Range Sales Friday Sales Friday Zenith Radio Corp com..* — ptshs.--------50 Parker-Wolverine com ...» Peninsular Mtl Prod com.l Reo Motor com.........6 Commotiw Edison 3 %s 1958 ommon.---i------;20 Range Since Jan. 1, 1941 Shares Prudential Invest com... 1 Amer Tel A Tel 3s. ...1956 Continental Steel pref--100 Crane Co common———25 Cudahy Pack 7% pref-100 Price Par Parker Rust-Proof com.2 % Bonds— Container Corp of America Stocks (Concluded) Sales" Rlckel (H W) common...2 River Raison Paper com.. * Scotten-Dlllon com .10 -------<*0 DrStores_2% Simplicity Pattern coin...! Tivoli Brewing com ;i.i Inc com. - * Curtiss-Wright Corp com. 1 Tom Moore Dlst com.—.1 Udylite. Common..;. Cunningham — Curtis Lighting Nov. 8 Nov. 14, both inclusive, compiled from official sales lists to Dayton Rubb Mfg com.-l Deere A Co common.. - -. * Union Investment com...* Sales Diamond T Mot Car com. 2 Week's Range for —* of Prices . Low High Week Dlxle-Vortex Co com.. OlilSS A i - f ~ - i r- « (The)..* Eddy Paper Corp t Universal Cooler B * Walker A Co A.—.—._.* Warner Aircraft com..... l Amer Laundry Mach. Wayne Merew Prod com..4 Amer Prod orlor pref. oldUtllCorp.5 Elgin Nat Watch Co 15 Eversharp Inc com -. — — 1 Fairbanks Morse common* Fits Simons A Con D A D ElecHouse' Common... Shares United Specialties.. U 8 Radiator nref ....50 Woodall Ind — ... Carthage Mills A * hi amp Paper & Fiber Cburngold Cin Gas A Eleo pref... -t-- Four-Wheel Drive CNO&T P—.... Fox (Peter) Cincinnati 9treet Autc.10 Brew! lg com .5 Fuller Mfg Co common.. 1 Gen Amer Transp com...5 General Electric Co Crosley Corp. com..* Dow Drug— 8 both inclusive, compiled from official sales lists Nov. 14, to Last — — * .10 — — Sale Stocks- Eagle-PIeher— Adv com * Razor com * Goldblatt Bros Inc com..* GoodyearTlre & Rub com * Goss-rd Co (H W) com..* Great Lakes D & D com.. * Hall Printing Co com.-.10 Heileman Brewing cap... 1. Hein Werner Motor Parts 3 General Outdoor Hobart Price Week's Range of Prices High Low Gibson Art Gillette Safety Sales Friday ...; Preferred..... General Foods common. Gen Motors Corp com. Nov. Cincinnati Telephone Bandlni Petroleum Co-..l BolsaChieaOil com.....1 Barker Bros Corp com...* Blue Diamond Leonard Manlschewltz National Pumps Cessna Aircraft Co * wi ll dated Steel Corp.* Creameries of. America... 1 Co City Ice.....^ TimkeuRBe ri ig Interooast Petrol Corp. 14, both inclusive, compiled from official sales lists Nov. 8 to Nov. 100 com.5 -* & Co cum pref—* McN & Llbby com .7 Sales Friday Lust Week's Range Sale Price Stocks- of Prices High Low 12)4 100 50 Airway Elec pref Aaron B Cass M fg— * B.ewing Corp of Amer...3 Merch & 9)4 Mlckelb Food Prod City Ice A Fuel— * Cl Builders Realty.. ——* Cieve Cliffs iron pref...,* Middle West Corp CleveRyi $2 cum part p.ef —— -* com.-l cap...5 Midland Un Co conv pf A * Midland Util 6% prllenlOO 0% preferred A -100 7% prior lien.------100 7% preferred class A. 100 Miller & Hart Si pr pref. 10 294 v 13)4 ; Eaton Mfg.. — — —.—* -* Faultless Rubber.. c Common v t c..—----- c Goodrich BF * Goodyear Tire A Rubber. * com..* Mot Spec cl A.* Jbtarbauer Co... c Prior pref0%.. NatlOiu.1 Tile-.' preferred....... 100 . c . 100 c ...50 * cUS Steel com * Mfg"6% pref..5 Amer Tel A Tel Co South Colo Pow com Nov. 8 to Feb 494 14)4 4)4 May 13 38)4 10)4 " * 5)4 10 Jan Jan Aug Nov Oct Oct Jan Sept 694 7)4 Nov a Jan 4J4 Apr 1194 Sept 494 194 Apr Apr4 11)4 Sept Apr 9 9 ; Jan 294- Jan 7 ; Jan 30% May 22% 1894 July Baldwin Loco Works v t cl3 Barnsdail Oil Co........5 10 Sept Bendix Aviation 5 8)4 4(U4 June Lf>8 Apr 29)4 July 5h Jan .... 38)4 July Jan 8)4 Corp....6 Bethlehem Steel Corp...* 5)4 Borg-Warner corp......5 83)4 20% Jan Oct 8% Canadian Pacific Ry Co.25 4% July 034 94 03494 . Case (J I) Co. —100 Caterpillar Tractor Co..."- both inclusive, compiled from official sales lists Nov. 14, Sales Frlda j . Last Week's Range . wile Price Stocks. 46% Sept 4 )5 11% 94 Jan Sept Jan .10 of Prices High Low for Clafc'8 A 10% Sept 1 28 Ju.e General Electric Co * General Foods Corp.....* Int Tel A Tel Corp * Burroughs Add Mach . — * Burry Biscuit com—_'12%c Cnrysler Corp com ...'.-.6 Consumers Steel com 1 Kennecott Copper Corp..* Loew's Inc ..* Continental Motors com.l . 10 De t A Clev Nav com * — McKesson A Robbl..s i tit; 1K Montg Ward A Co Inc...* NY Central RRCo... ..* North Amer Aviation inc 1 100 Ccro> com...—3 Packard Motor Car Co—* Fraukeamutb Brew com.. 1 Pennsylvania RR Co...50 3 Co.—.....—* Radio Corp of America..* Republic Steel Corp.....* Sears Roebuck7A Co..—* E -Cell-O Gar Wood Ind com.'. capital.-.--25 Thompson (J R) com....2 Texas Corp General Finance com. _ . J General Motors com—.10 com.—25 GoebelBrewing com ... .,1 Graham-Paige com.,—-1 Hoskins Mfg com.....2% iioudaUle-iiersiiey B—-* Union Carb A Carbcap..* United Air Lines Tr cap. .5 . . . Hudson Motor Car com..* U S Steel common.......* Hurd Lock A Mfg com— 1 . Kingston Frods com 1 Masco Screw Prod com—1 Pure Oil' Wayne Pump Co capital—1 Corp........ji United Air Lines Mid-West Abrasive com50e U S Rubber Co ...10 U 8 Steel Corp-..--..* Murray Corp com...... 10 Packard Motor Car 00m.. * .a . PsrkeDavtair»-r> . 1090, Traasp.5 i Jan Oct Oct Sept 39 July 34% 13% Aug Oct 39 15 17% 17% 9% 394 25 10 Jan Jan Jan Jan July Aug May July 4% Jan 2294 Jan 7294- Apr io%l July 694 'hart 43%|Sept 7% Aug Jan 04% . . 04% 894 o23% 023% 044 044% 1094 10% 068% a70 i .14% 14% 41% 10% .78% July 1% Jan » . 3% Jan Aug o594 . United Corp (The) (Del) .* Westlnghouse El A MfgjSO WillysrQverl - /I Mo-;« ;i 5 34% 39% 20% 29% a594 . Union Carbide A Carbon.* Michigan Sugar com. * Mlcromatic Hone com... 1 . ,4% Swift A Co—25 Michigan Did Casting.. .,,1 - WestnghsEIAMrgcom.5' Wieboldt Stores pr pref..* Wisconsin Bankshs com—» ol7% a43 % o4s% . Texas Corporation (Thd) 25 Tide Water Assoc Oil Co 10 . West Un Teleg co n... 017 065% 066% .10% 10% Socony-Vacuum Oil Co. 15 Standard Brands, Inc——* McClanahan Oil com.... 1 Walgreen Co common.__ al0% alO% 3% 3% Standard Oil Co (N J)_.25 Stone A Webster Inc....* Studebaker 02594 "2594 2 2% 32% 32% a30% a38% 01294 «13 28% 28% 994 9% ol2% «13% 11% 11% 08)4 08% 2% 294 o22% 02294 North American Col....* Detroit Paper Prod com.. 1 • Ohio Oil Co——J..* Detroit Edison com 1 Sundstrand Mack T'l com 5 Swift & Co capital——25 Swift International cap. .15 26% 27% o38% o40% «20 94 020)4 * Briggs Mfg common.....* , 4% Week Shares Goodrich (B F) Co Iutl Nickel Co of Can . Aug 1 .......... Elec Power. & Light Corp.* Forge com...5 Baldwin Rubber com 1 . 4 Continental Motors Corp.l Curtiss-Wright Corp Atlas Drop . Studebaker Corp com For footnotes see page 14)4 1494 25 8)4 May olO 4)4 3494 Feb 25 8)4 * . Sterling Brewers com—1 Stewart Warner Corp com 5 WrIgley(WmJr)Cocap .* Yates-Amer Mach cap... 5 18 34)4 34 a]0 , 28)4 Oct .31)4 May 8)4 Jan 25 24 Commonw'th A Southern. * Standard Oil of N J cap.25 Woodall Indust com—.. V 29 July Aug May May Columbia G A E Corp...* Standard Oil of iud cap.25 100 11 5 Commercial 3olvcnts Corp* Standard Gas & El com..* . 3294 12)4 . Standard Dredge pref— Common.... --1 Preferred.. -20 7% cum preferred.-.100 Utah Radio Prod com.... 1 29 Atchison Top A San Fe 100 Red i)g Co.—25 . 5 Co com... .20 3094 3294 100 Cities Service Co A. .25 U S Rubber Co com.... 10 3094 29 Atlantic . Spiegel Inc common. 2 St Louis Nat Stkyds cap.* Standard Brands Inc com .* Trane Co (The) 38 Anaoonda Copper Mln Co50 Armour & Co (ill)... 5 . SchwitzerCumml.iscap—l Sears Roebuck A Co cap —, Serrlck Corp cl B com.... 1 Signode Steel Strap pref .30 Sivyercteel Castings com.' Sou Bend Lathe Whs cap. 44 Jan 15 Oct 30)4 Aug 12c June 4 Jan 7 Sept 28 Jan 47 M Jan 3094 Jan 29)4 Mar Feb Feb 494 Va.i Dora iron Works. ...* Weinberger Drug Stores.. * Youngstown Sheet A Tube* 22)4 44 -v 38 June 8c May 2)4 June 2294 Aug 12)4 Aug 6 Sept Unlisted Stocks- 50o Common Republic Steel Corp com.* Rollins Hos Mills com.... 1 U S Gypsum 4% 1 Vlchek Tool....... * 10c 294 5)4 2294 - Am Smelting Ref Co——* a5194 a52)4 * —.* — loc Am Rad A Std San Corp.. * 10)4 . Quaker Oats Co common. * Preferred.———100 Raytheon 5)4 10 * Upson-Walton 5)4 107-4 25)4 Jan 28c - Cardinal Gold Mining Co.l 7)4 8)4 .5)4 Thompson Prod Inc. Union Metal Mfg.. com...* Radio Corp of Amer com. 7)4 8)4 30 01294 al294 al6)4 ol7)4 2994 3094 24)4 24% 16)4 16)4 capital...-.* Pure Oil Co (Tne) 30 * 5 Republic Steel com Richman Bros -294 28)4 Aug Sept B1 Man)mouth Cons M. 10c a9)4 al0)4 * Reliance Electric... c 1 28)4 — Jan Jau Apr 3 794 Feb 2J4 May; 29 31 Feb Aug Alaska Juneau G M Co. 10 * * .. 10)4 4)4 494 «15J4 01594 5)4 1194 28% Si % 43>4 40 22)4 June 30)4 May 37)4 Apr 31)4 Nov 1)4 Apr 15c Sept Mining Stocks— . 100 Pressed Steel Car com.... 1 Pullman luc — Patterson-Sargent —. com..* Ohio Oil com...... Otis Steel... A com. .* 10)4 30)4 - Wellington Oil Co of Dei.l * Ohio Confection A Penn Eiec owitch class a..- Process Corp (The) * N Y Central RR com... * . - Vultee Aircraft Ino.—..1 * — 26c H D Bak.* Vega Airplane Co..... 1.50 1 — 26c Van de Kamp's Nineteen Hundred A—.* Peabody Coal Co B com. .5 Peoples G L & Coke cap - 2)4 Universal Consol OIL... 10 National Refining new...* . 42)4 31)4 2)4 Union Oil of California..25 .* N ational Acme— . 42)4 31)4 Transamerica Corp—.... 2 ..* Medusa Pprtland Cement * Miller Wholesale Drug.. 23)4 32 Corp com... * Superior Oil Co (The).'. .26 Taylor Milliug Corp ,* * McKee (A G) olB... Paramount Pict Inc com.l Poor ACocl-ssB... 105 Kelly Island Lime A Tr—* . 3194 Original preferred.,..25 0% preferred B„ 25 5)4% preferred C.j..25 So Calif Gas Co 6% pf A.25 Southern Pacific Co.—.* Standard Oil Co of Calif.* Steamship.— " Latn8on A -Sessions Jaw 229-4 Aug 8 May 2)4 Mar 60c fc-ept Apr Nov Sontag Drug stores——','.'* So Calif Edison Co Ltd. .25 Jaeger Machine—.—* pf 100 Potter Co (The) com.... 105; 31 Apr 35c Solar Aircraft Co....... -1 42 Mar Jan 1)4 May 9 * Signal Pet Co of Calif—.1 * — Interlake Iron com Interlake . Northwest Baacorp com. .* capital 42 Jislle Bros preferred. —100 Hanna (M A) 85 cum pf..* Nachman 6% preferred.. * Aug 4Cc 4% Signal Oil & Gas Co A al8% 02794 al9J4 a 19)4 a!694 01794 * General Elec eom * Monroe Cnemical Co com lie 1094 Jan 5)4 7 1.55 Clay Products..—* Ryan Aeronautical Co...l a!7 Jan June Mt Diablo Oil M & D-.-l Shell Union Oil Corp.—.15 6)4 694 a3094 03094 1394 1394 al7 Firestone TAR com.. 1O 7 1.50 20c 20 ; Mar Jan 8% Sept 20)4 Sept 33)4 Feb „ Oct 0c 8 Aug Sept 4794 Feb 17>4 May 29 Oct Jan Aug 0)4 May 8)4 tept 6 Mar 7494 Sept 9% Jan 7 % Jan 410% Jan Nov 5M Pacific Sec Co Units of Ben Int. 9)4 Commerci lBooKblidl.ig.* «2794 «29)4 — Richfield Oil Corp com... * 13)4 9)4 Lojkiteed Aircraft Corp.. I Pacific Indemnity Co—.10 32 ; 46c Republic Pet 5)4% pref.50 Rice Ranch Oil Co-..—.1 9)4 294 v7894 ! 44c Apr Feb 3744 May 10c 8H Pac Lighting ' 1 — Modine Mfg com Penn Gas & Elec 4 30)4 100 5 Cliffs Corp com colonial Finance..... Montg Ward A Co Nor West Util pr lien 77)4 . 10c 8)4 6% 1st preferred—. .25 0794 - 103 Pac Gas & Electric com .25 :9 a7H 4 Spriiigfilied com* Nash-Kelvlnator cap..--5 Nat Bond A Invest com..* Nat Cylinder Gas com.. -1 Natl Pressure Cooker com 2 N Y Ceutral RK cap.* Noblitt-Sparks Ind cap.-5 North Amer Car com..-20 Northern Paper Mills com * Northwest Airlines com..* 01694 ol6)4 o28 M 02994 Los Angeles Invest Co.. 10 MenascoMfgCo—— I 14% 08% Nov 08)4 Feb 8% Nov 6% May 585 0794 Pac Finance Corp com.. 10 494 4)4 Apex Elec Mfg..........* Martin (Glenn L) Co com Peun Rat Week Shares 12)4 9 Amer Coach A Body.. ——5 * .1 Mfrs Sec A com. 1 Marshall Field com 7% for Co com. * ' $3% preferred * Lion Oil Ref Co capital. ..* Muskegon «794 Lincoln Petroleum Co.. 10c pf .50 Loudon Packing com 094 390 Lane-Wells Co.......... I Leath & Co com.. Libbv 8)4 asm a38J4 .10 Hancock Oil Co A com...* La Salle Exten Univ Leatn 894 694 Gladding McBean A Co..* Goodyear Tire A Rub Co. * Kellogg Switchboard com .* Ke.-RadT AL comA..,* Lincoln Printing «0894 00894 385 - 914 11% 22 % 20 Feb .4% Gen Motors Corp com General Motors— (W B) Co cap 1 Katz Drug Co common. .1 6% prefe red 5% 5 >4 4)4 4?4 Emsco Derr A Equip—..5 Farmers & Mer Nat Bk. 100 Columbia Gas Jarvis Kentucky Util jr cum afi)4 <?6 Douglas Aircraft Co. ——* Electrical Products Corp .4 Amer Rolling Mill Indianapolis P & L com..* Prod cora-.l Inland Steel Co cap.---—* Interlake Iron Corp com.. * Inter nat Harvester com..* 2% Sept Sept July Sept 97 %c July Apr Apr Nov 52 5 Consolidated Oil Corp.—* Unlisted— 9 9% Jan 3 % May -1 Chrysler Corp. Raidall B— Wurlitzer Indep Pneu Tool v t c new 17 % Packing Corp com..* Central Invest Corp... 100 — PAG Indiana Steel 3% Calif Meteor --10 com..100 Corp.,...2 ... Lunkenheimer Magnavox.. Illinois Brick Co cap. Illinois Cent RR 8 — Kroger 2% 394 2% Jan 694 May! 1% Jan; 70c Nov Broadway Dept Store Inc. * Byron Jackson Co.......* Kahn— Hlbb Spenc Bartlett com 25 Houdaille-Hershey cl B—* Hubbell Harvey Inc com.5 Shares 1.20 May Aircraft Accessories Inc50c A for Week 26c 51(5 a23% a23% 053% 74% 77% a\ K ol% fl52 23'; Feb July July 14% Nov 28% Sept 68% ' Jail 77% Nov 2% .Aug ^ THE COMMERCIAL & FINANCIAL CHRONICLE Number 4008 154 Volume 1089! OTHER STOCK EXCHANGES Sales Friday V. •• ^ Philadelphia Stock Exchange r Nov. 8 Friday Week's Range l' v com.* Hussmann-Ligonler Week High Low - - - Low 50 5k 5k 7 -• - „ 7 7 Week's Range Sale Shares 16 16 Huttig t. & D common...5 Range Since Jan. 1,1941 for for of Prices Price Par lUUJ I Week's Range Sale (• Grlesedieck-W Brew com.* Sales Last ■ . Stocks (Concluded) both inclusive, compiled from official sales lists Nov. 14, to \ Last Range Since Jan. 1, 1941 Last I" 25 8 Aug 7 k May High Pacific Can Co com, Shares Low 10 k 12 k 200 5k 10% 12% 5% Pacific Clay Prod cap... Oct 8k Range Since J in. 1,1941 for Week of Prices Low Price Par Pacific Amcr Fish com.;..5 Jati Nov 5k 2 Stocks (Concluded) High ... Nov 16 75 1 200 120 Low --* American Stores American Tel A Tel..'. -100 pref..50 Bankers Sec Corp Budd (EG) Mfg Co.---* Chrysler Corp.-...—---* 242 10k 10k 147 k 150 k 9 k Feb ..Ilk - - 16k 58 147 k 12 k Nov 16 k Ilk 3 k 53 k 11 6 k May J, * *'<»'-«- 3k ------ 52 k •: 1,630 506 21k preferred—...—50 - i.'m i C.> Sun Oil-- ....* — ——.—.* 2k 2 9,065 16 100 Preferred.. Equip com* 27k Feb 24 k 3 k 18 k - 240 95 lk Oct 33k June 58 k 64 50 k Apr '265 200 125« Feb 100 Oct Apr 25c 23-; 23 107 k 225 Westmoreland rnc......10 Ilk 19 Ilk Ilk 100 19 19 300 7u Preferred.,100 16 Nov Feb Preferred- ..........100 4 k Oat 1.55 Jan May 11 65 23 Nov 28 .82 82 25-year ...... 33 k 33 k 1,000 81k 81k 13k Nov. —— Sale 110 79 Low -.t *; Bycrs (A M) Co common.* Columbia Gas & Electric. * Copperweld Steel........5 Duquesne Brewing. . .. ..5 Fort Pitt Brewing ..1 IMaw-Knox Co 22 k 21k fik • 4 160 6k 32% 32 k 32 k 11 12 k Standard Oil Co of Calif..* 24% 24k 25 k 3,480 17k 18 k 300 Super Mold Corp c.ip_._10 2k 675 2k 8 8k 694 7 3,112 4 Oct 4 4k 6k 7% 109 110k - 109 ' --- - - 12 - 20 2.50 352 12 k 2.50 8k Oct July Transamcrica Corp...... 2 Union Oil Co of Calif 25 4% 14% 4 k 4 5k 14 k 15 Jan Sept 13 k 14 k 7 k 7k Ok 9% 300 3 3 275 2.90 Sept Ilk 111 Ilk Nov 10 600 4k Apr 7k 'I 10k io lk 7k lk 12k 9k ik k 14k 1,593 180 ik 14k 14 k i5k Koppers Gas & Coke pf .100 96 k 96 k 97 Lone star Gas. —* 8k 8k sk Jan Yosemite Port Cem pref. 10 Unlisted Mountain kuel Supply-.10 5k 5k 6 k 2,730 50c 55c 620 265 35 ■ 12 Apr Jan Jan lk 20k 105 July Apr Oct 10 k Jan 6 k lk Nov Jan 8 % Sept Am Rad & Std San...... * Nov Amer Smelting & Rof Sept 4 Jan Oct 71 Jan 20% Nov 20% May 50 Argonaut Mining Co.....5 Jan Atch Top A Santa Fe._100 8 July Aviation Corp of Del.....3 800 4% Nov '6 % Apr 2,390 11 % May Jan Blilr & Co Inc capital 1 Bunker Hill <fc Sullivan.2 % 182 82 % Apr 94 'Oct Cities Service Co com... 10 Jan 19 Oct Cons Edhoi Co of N Y..* Feb 3 Jan Consolidated Oil Corp...* 3Ml Jan 18 Feb 40 % Nov 96 % Feb 10 Oct Curtlss-Wright Corp 1 Dominguez Oil Co...... * Elec Bond & Share Co...5 a3% General Electric Co Foster & KleLser lk lk 120 •\1:> Mar lk July 65 k 68 k 233 65k Nov 96 k Jan 4k 4k 315 Nov 7 k Jan 3c Feb 1 6C 2c 2c 500 Westlngnouse Air Brake.. * Westlnghouse El & Mfg.50 17 k 77 k 17k 19% 77% 877 17k Apr 416 71k Oct San Toy , Mining Unlisted— 74 k Jan July 86k Sept 3 1 Pennroad C.'orp v t c—.. 78 3 Jan 3k Nov Nov. Exchange Nov. 14, both inclusive, compiled from official sales lists 8 to Last Week's Range Sale Par Stocks— Low 1,1941 •tange Since Jan. for ' High Ilk 2.50 2.70 com. National Auto Fibres » . lk : 1 k 20 : .1 ilk 21k Dr irepper com... 1..25 — KM) 100 k .HA Uk 8k 19 20 20 20 Hk 05 10 lk N American Invest 21k Nov 00 n Natomas Co Oct 4Jk Oct --W'-- Nov Oliver Utd Filters A June 8 k Nov Paauhau Sugar Plant. -.15 6 Feb 6% preferred 6k% preferred Exchange Par Stocks— Week's Range of Prices Week Price 0k% Pf 100 Alberta Pac or A... '.'* Algoma Steel;.—. Low 150 7% 882 14 Yi 1.50 Araal Electric Corp. - - 25 95c 7 10 89 8 k 20 17 k 17k 17 17k 86 k 8k -—"J-- ,-^iH Breweries ,175 8 k 50 86 k il* Asbestos Corp Assoc 1.00 8k 100 — . 15 1.00 1.00 Holllnger Gold Mines 0 17 k 60 M.ir 4 9% Apr 144 1.25 Apr Bell Telephone... . . .. . 23 21 150 Mar Oct 97 k Jan 5k 14k June Jan 7k 19 k Sept Sept 110 14k Jan 17 k Aug 7k Brazilian T L & P..... Brit Col Power Corp A. * .. 23k Building Products A... .1* 14 137 245 k 160 Nov Jan 1,033 5k Feb 8k 108 22 k May 26 k Jan 13k Oct 15k 270 July Canada Cement...... 4k 100 100 k - 4k 4k 100k 100 k " i, Preferred. — — » 1 Canada Steampsblp.., 5% preferred...—.. .50 * Candn Car <fc Foundry "25 Preferred 591 6 27 k 22 k - - * 28 123 Candn Converters..... 100 Candn ♦ Canadn Imcomotlve... 6 * Cookshutt Plow—..... 40 Feb 6k International Preferred Bronze _. » _.., — Internal Nickel of 101k 6 k Sept Sept — 10 k Jan 27 k 28 k * Mont Tram ways 100 ■ Dominion Coal pref .25 Dominion SteeJ A Coal B Dom Tar & 24 Preferred Noranda * Preferred. Ottawa a. 8k May 7k 6k 16k —— 6k 25 * Chemical- 24 .......—. 100 -* ..... — Preferred —i :'l 100 .:* Aug Famous Players C Cori Gatineau — 23k ------ 3.4 - - 100 5% preferred. 5k% preferred....'. 100 » 6k 74 — For footnotes see page 74 k 79 79 2 Mar Sept J. - - - - - - - - 5 ■; A preferred.. Sept » Apr 210 10k Feb i6k Sept 71 5 k 70 Oct 9k Jan July 80k Nov 95 12k Preferred- . .. 15 k — ..25 — - 30k Sept 7k Sept 91 67 Nov Mar 93 k 67 4k ! '^-r' - 'j.' 10 k 14 Jan Week's Range. for Sale of Prices Low High Week Price PaT ' Jan Jan 90 c Abltlbl Pow A Pap 'i Feb 13 25 8 May 15 98 102 904 95 Oct 115 38 Sept Aluminium Ltd * 100 k Jau^ 16 Nov Bathurst Pow & Pap B—* 1.50 1.50 June 3 Sept*' 9k 23 k 20 k June 16 May 1,428 17k 110 19 401 20 k May 29 Jan 235 51 Mai- Montreal 28 Sept 1 35 Mar 40 Sept 5 31 Feb Aug 39 Aug 15 153 4k I; 5 5 150 332 49k May 1,337 153 4 May June k 49 50 11 5 57k 22 k Jan Nov Royal — Aug 5 k Nov Feb 155 10 Jan Aug July May 22 . - —————— Canada Vinegars Ltd.—* Canada Breweries Ltd...* Jan look 100 k 30 109 June 102 k Feb '22% 350 37% 85 85 7 Candn Pow & Paper Inv.* 18 2k 15k 5k 12k 3k Jan Claude Neon Gen Advert.* Jan 75 Prefe rred—.> - - 5c Feb 72 May Mar 2 k July k Sept 6k 8k Nov 5 k Jan 1.50 May 3 Jan 3 k May 5k Jail Jan 17k Feb 12 Feb 13 2k June 18 Sept Feb 115 Oct 1.00 23 2k Sept 31 July 43 Sept 12- May 17 Jan 12 k 2k 24 75c Feb Aug 11 Sept 70 Jan x+'alrchlld Aircraft Ltd 5 .Fleet Aircraft Ltd—,...* Ford Motor of Can A Companies Ltd—* Fraser Cos voting trust... * Infrernat Utilities B—,._1 Lake St John P & P * Loblaw Groceterias B.... * Sept MacLarea Pow <k Paper .* 5 Sept 38 Sept •Massey-Harris Co Ltd— 5% cum pref.. 100 Apr 1.15 1.15 i Jan - V - 17k 486 275 ' 3k 3k 150 17 % 17 k 750 15 - - k; - - - 12% 12k 12 6 12% 12 Fraser Feb 70 - * Feb 70c May ' Jan 13 k 64 Jau 2k 300 4k 15 sept .1,352 2 k 10 Mar k 6 * 8 k 4k 35 2 Apr 3k k 3 k 5 4 2k 36 k 10c July 1.50 25 4 Mar Nov 107 107 July Apr June Oct 11 1,650 July 1.25 8 k 5 26 3c 8 59k Oct Feb Mar 5k 3k 5 Jan. Jan May 2 k 8k 280 k ■ 9k 3c 2k " 3k 8k ; 2 k " 5 75 5k Commercial Alcohols ntd.* Sept 2 10 25 140 Dominion Woolens pref.20 . 50c 11 3k Consol Paoer Corp Ltd... * 60 :: 175 k 24k ...... Jan 1,945 June 11 * pf.15 Jan 41 June 25a Jane 24 cum 14k 110 150 160 5% 18 10 Jan Nov 1.60 Sept 207 : Jan 7% cum pref...—-.100 Canadian Vlckers Ltd Catelli Fd P Aug 445 116 Feb 18 June 103 Jan 8 k Jw 70c 50 2,5c 9 k 75 7% Jan 42 172 16 k 1,700 95 k 38 Sept 3 24 17 84 200 170 25c 20k June 32 J ily 27 30 1.20 1.20 172 100 7% cum pref.. 18 k 170 172 * Candn Indus LtdB Jane 37k 100k 15 225 12k 12 k 200 7 150 15c 700 ". "15c Oct Oct , 25c Jan Sept — - - Jan 14 Sept 23 k Nov 23 "Nov 14 k 76 11 Feb 15k Ilk 1.1k 50 27 Jan 59 89 + June 250 89 26 88 Aug 96 k Feb 50 5 Nov 7 k Nov Feb 5k 70 14 Nov 44 98 k Apr 106 Aug 28 82 9 - - k M 7 23 k 14k - 2 23 - — « • 9 Jan Sept McColl-Frontenac Oil— 85c 7 Sept 6k 25 4k July 7 Jan Melohers Distilleries pf—10 12k 13 15 8 k Jan 13 July Mitchell, Robt Co Ltd...* 50 140 June 146 Jan 89 6% cum pref—.....100 ok - - -I 5k 14 104 Page-Hersey Tubes Ltd..* 14 104 5k 14 104k k Power Corp of Can— 143 143 100 154 153 154 .100 186 180 186k 100 Nova Scotia Sept 11 Ma- May Sk 312 Oct 60 May 63 Jan Jan 3k 155 71 25 k Nov 8 k 125 3 k 10k 143 27 0 273 275 ...100 155 155 155 k ........ .... Oct 22 Canada Malting Co Ltd..* .' Commerce Oct 7 Calgary Pow 6% cum pf 109 Canada & Dom rfug Co „; * 25 ■ 18 1.00 6 k 102 5 k .17% 9k Jan 140 72 4 1.50 1.50 Jan 195 7 k 7k 5k 21 36 Sept 4 13 6% cum pref ..100 7% cum pref;,.—-.100 3k 21 15 High 1.15 Feb 5'5c 700 90c 85c 3 k June 50 k 12k 17 Low Shares Jan 12k 100 ,Sepr Range Since Jan. 1, 1941 Last •f'* 85c —.. July 86 k ^aics Friday 2 65 145 May 162 Jau 6% cum 1st pref 100 Pro vinciai Transport Co.. * 150 171 Mar 193 Jan So 8 267 July 284 Jan United Distillers of Can..* 180 150 Feb 166 Jan Walnerville Brewery.—..* ■ June .-iv jV 6k .....100 Feb July 15c July 1.40 compiled from official sales lists Nov. 14, both inclusive, Stocks ' Feb " •C Jan 45' C 17k 3k 36 —* Zelle,8 4k 2k 8 to 475 2 k 4 k 33 116 B Preferred 1,390 67 Nov. 9% 5% 39 2 Winnipeg Electric A.....* 5k 92 87 Jan Sept Montreal Curb Market High 17 k 105k 105 k /I-' 2 United steel Corp...---.* Banks— 1090. •= 5 k 9 Canadicnne 3 8k 1.35 July ' Oct 9k 06 Jan 30 72 k 17k 9k Feb 445 70c 49 Ltdo * 65 k 1.25 3 k 700 Brit Amer Oil Co Ltd 9k Aug 5 1.05 a"ii% a76% 1.00 a76k Brewers & Dlst of Van 65k 15c ■3k West! ighouse E & Mfg..50 Bsauharnois Pow Corp... * .* 67 ; 3k Aug J»n Aug 42 k 70 k 2 k Jan Feb Feb Aug Steel Co. of Canada.....* Feb 78 15 Jan 6k Apr Nov 71 -.50 Southern Cau Power Jan 40 .: k 6c Sept 17k 3 k 10k Sher Williams of Can....* 3k 44 1 k 49 702 Jan Jan 31 Oct Apr ok 350 53 k 1 k 33 50 * Sept 18 Jan July 28 May 29 1,200 12 k 50 St. Law Flour Mills pf.100 25c 25c ",5k .••'.5k 100 Preferred Goulds Pumps pref. —1 100 Gypsum Lime & Alabas - 50 .* 25 Wabasso Cotton.. 17 May Apr 1.00 10 k 39 - Saguenay Power pref.. 100 Mar 50 4k 35k 1.10 Donnacona Pap Co Ltd A * Quebec Power Regent Knitting pref Sept Sept ....2. ; - 17k * 6 7 6k - 25 k 26k 100 89 * 155"" 270 75 ej 1.10 18 12 Jan V.: 30 100 «5 a37k ai8k 1.10 90 12 Feb k 1 U S Petroleum Co Feb 14k 4 3 35 May May 13k 150 16 65 June 13k 10 18 65 9 Shawlaigan W <fc Power..* 150 18 115 «4k 12 Jan '6 16 30 k 82 9k >* 153 3k _ * - " 16 30 k elk Apr Apr 33k Nov Nov Nov 20 May 82' r 25 k 22% 70 6k Aug 210 107 604 3k June 380 796 11 42 70 -' May 3 k 3k 25 k Oct 25k 13 k 4k Jan 22 k k Jan Apr 2.60 •" Oct 7k 22 % 16k 42 6 ..... Rights — General Steel Wares;.. 2 k 4k 23 k 17k ------ of Canada...* 5% preferred Jan 153 II* Foundation Co of Can. ..* Feb 90 k 42 84 21k 100 8c Nov Sept ' Enamel & Heating Prod Feb 16 St Lawrence Paper pref 100 . 140 Jan 20 Oct Mar 1.15 52 k 2.50 20 k 1,942 " Dryden Paper... 9 90 Jau 100 16 k ai4k a45k Sept • 20 k 108 70 : W..v10 Aug 17% May 7o 101 110 Sept 250 12 2.50 May 16 15k 4 k ,, 70 al3k «13k 16k 16k <1.75 1.78 a!2% a22% 9% 9% Jan 3 k 5 Nov k ...1 Sept 33 k Mar 78 77 3 Westates Pet com Preferred-- 16 32 27 k 87 k ' 300 Utah-ladho Sugar Co com 5 Feb Sept Oct 29 k June 13k Mar May 4k -. 77 k 3k Mar 8 39 k Nov 1.90 25 k 22 k United Aircraft Corp cap. 5 •Jan' Ilk 25 20 7 670 U S Steel com 13 23Jjg June 115 May "'87k 4k — 12 k 20 k 11 ' Preferred. Dominion Textile 12k 20 k 19 28 28 k Oct 97 440 1,219 21k " 28 k 2.00 Jan Oct 11 . 45 26 k 590 16k .Ok 100 56 231 ~ 415 July Nov Mar 6 : 16k 100 Feb 41 6k 23% Low 3,202 ..—.—* Pe.nmuns— Feb May 23 Studebakcr Corp com 10k Nov 645 9k 90 H A Power..100 Sept 4k May 20 7 Sept Jan ■ 15k * Ogilvie Flour Mills Jan Aug Mines Ltd Price Bros & Co Ltd 4 23 k ■ 10 k 12k 32 k 25 Power Corp 32 -22 k -22 k Dominion Bridge.— Jan Jaa Range Since Jan. 1, 1941 9 k 'J * National Steel Car Corp..* July 800 Sept 9% Oct 5 i for 12 k 12 k - Niagara Wire Weaving...* Sept 465 16 k ...25 Can North P 7%,cum pf 100 Sept 10 preferred Week 9k Mont L H & Power Cons.* St. Lawrence Corp... Distillers Seagrams 25 :* McColl-Frontenac Oil 4 19 Jan 2k 21% Apr 18 Shares 12 k * v. Massey-Harris 3k 809 39 Sept 126 26% 2,800 Listed and Unlisted 15 26k 3 Feu 6k 5k 28 k May 7k 37 k k 100 International Pow pref. 100 I.axe of tue Woods * Apr 2 1.85 '6 k 6k 10 ...... Canada * 8 210 6 7% 90 of Prices High Inter Pete Co Ltd—.——* Mar June 17 5 100 3k k 37k Con Mining A Smelting —5 275 295 7k ...... Candn Pacific Railway. .25 t 28 17k 3k 3 3 355 22 k 17k 3 3 k Alcohol... ».* Ind Class B 338 123 27k, 123 4 k 3k June Feb 17k 5 May 20 k Apr 18k May 110 May 91 20 27k 6k 27k 5k 6k 100 Candn Celanese.. Preferred 7% 241 6 k 6 ■' 6% Sept 23 k 16 387 6 15 * National Breweries ■V 1 * 28 k Standard CM Co of N J. .25 Jan 13 k 13% I© k June May 228 7 Standard Brands Inc..... * Jan 6% 17k June May 130 350 8k 19 Week's Range 10 k Imperial Oil Ltd * Imperial Tobacco of Can.5 10k .Sept 459 14 k 13k 147k 149 k 7k 7% 23% 23 k i3k 147k 100 Mar 1.80 Nov 13 k June Nov 4 A 100 9c 3 Mar 11 k 161 2 k 9c 25 So Calif Ed Ltd com 2.35 Oct 580 Nov 26 2k .20 18*4 • Mar 1 26 28 k 26 Scnumach Wall Bd pref..* Jan Sept 9 Nov 420 Low Price. 100 Preferred Laura Secord Bathurst Pow & Paper 2,316 ..50 , Apr 1.00 Feb 100 4k Radio Corp of America.. Aug 7 May High Jan 19 k 4k 27 k 100 1,178 lk Sales * Hudson Bay Mining Low 17 Oct 200 4 k 6 -W' 6 Par Range Since Jan. 1, 1941 Shares 60 60 Acrue Glove W Preferred......... High 31 % 1.25 18 k ,.* Howard Smith Paper for Sale Jan May Apr 5 19% 10k 8k - Last Sales Last 14 M 180 . 7k 20 100 Stocks (Concluded) both inclusive, compiled from official sales lists Friday Pennsylvania RR. Pioneer Mill Co... 1.55 23 ..100 -'i;-i" Last Nov. 14, 19k "4% Pac Por.l Cement com.. 10 Oct 15 Friday Nov. 8 to Sept 15k CANADIAN MARKETS Montreal Stock Nov 11% 1.25 - North Amer Oil Cons... 10 100 k 55 47 % 10 k - 27 10 k ' Jan Feb 91 .r Apr 7% 780 .jiV-4? y:. 4 1 1UJ 155 1% 26 Jan May Sept 34k Aug 4k Jan 34k Jan 19 k Nov 6k Jan 28 k Oct 3 k Sept 15c July Feb 26% July~ 6k Feb 7 k 34 North Amer Aviation cap.l Onomea Sugar Co.......20 270 600 1.55 * com Ap. 33 8% Nov Mar Mar Feb 5 k 15 — 55c Feb 28 k 7k - Apr 48c 5 15k 1 k 10 8k lk 28 15 k Oct 15 Sept 1.00 28 .* 2k 10 ®k 5k 100 Nov 17 21k look 21k ..4 .t ' lk — March Calcul Machine. ..5 5k 8 7o 17% 500 23% 155 34 Jan 5k Nov 800 ...1 June 1,430 12 k Nov Monolith Portland Cement Nov 7 7 5 M ry 14 6 k Nasn-KeL'lnator Corp...5 M Jan «Sk al3k 39 k Aug 1,3j 6 k 3k 870 38 k aVA 32% 1.90 245 Jan Jan k 3k 191 " May 9 100 200 3 k 13 k 5k 3k 2.00 47k 28 10k 3k 1,125 14 Mountain City Copper..5c 13 k "15 * 10 k Mar 47 k - 10k Sept. 47c -- 36 k 50c 16 % 600 Aug 40 13 k 50c July 6k Jan Jan 50e 29% Aug July May 14k Jan Feb 3k 22 875 3.00 preferred... 10 Montgomery Ward & Co.* 15k Jan Nov 31k Sept k 7k Jan Ilk 13 % 37 168 Apr Jan 10 w- M J & M M Co.18 July Sept Nov Nov 8k 410 684 - , % Nov May 2k 7k 200 - 9 k 4 1.80 5k 10 Nov Sept 3 i9k 5 265 13% 7 36 k 1,56 55c Int Tel & Tel Co com....* 8 48 X Jan Feb Sept 169 563 14 k 10 Menasco Mfg Co com Jan Apr Nov Sept 200 400 ' Jan 11 Jan 37 258 , 3k 7 13 k 10 Magnin & Co 1 ! ; Low Shares High Jan 6 36k Jan 15k 1.80 50c Internatl Nlokel Co Can.* 36% 1,096 al6% «37k Idaho Mary Mines Corp.l 200 5 149 k 195 100 50c Goodrich (B F) Co com:.* Jan 14k Loekneed Aircraft Oorp-.l Week of Prices Price Jan 14 10 .1 Langendorf Utd Bk A 1.30 20 k 14 Llbby McNeill & i.ibby..7 c>aics enauj 1.05 May I,0i4 Jan Sept Jan 1.25 May 50 4k 3 k * 17 k Juae 13 k Corp cap...* common. Jan 100 7 14 ------ * Preferred Sept Sept 200 7k Holly Development—— 1 Hunt Brotners 21k 44 % 117% 1.05 10 Greynound Corp com....* Honolulu Oil 115 17 k 6k Golden State Co Ltd .....* Home F & M ins cap St. Louis Stock - 6k 7k Hawaiian Pine Co Ltd...* 2 170 36 k i.--'-'- Gladding McBean & Co..* Hale Bros Stores Inc 180 2.25 15% 1.05 General Paint uorp com.. * .. 18k 41k 112 6 Nov 9 9 k 6% 21k 400 37 1.80 Corp.... 5 17k 7 17 k Gen Motors Corp com. .10 23k ; 671 111 .2% com.. Galland Merc Lauidry...* Gen Metajs Corp cap..2k 125 9k 40 k 40 k 112 .25 - 2.75 k 18 k 18k .. 66 k 4% 1c 2.75 76 14 k Ilk 16 a26% al6% Sept 26 ;• k 37 Apr 17 Jan 6k June 5k May 1.75 al49ka'50k '26% 26 k 26 k 4% 4k : 4 k G 89 k 9 * 209 12 k Jan 8 150 36 4 Anaconda Copper Min_.50 Anglo Nat Corp A com..* 88 k 100 _. 13 718 American Tel & Tel Co. 100 ai49 Oct 16k ..;...* Fireman's Fund Ins Co Pitts Screw & Bolt Corp.. * 5 —— Emporium Cap we 11 com * Preferred (with warr).50 Jan Pittsburgh Hate Glass..25 Pitt Brewing common.—.* Preferred-. Doernbecher Mfg Co * 1-C-«e.l Dorado Oil Wurxs—..* 9k July Nov 94 ■ Di Giorgio Fruit pref. 36 1.75 May 2.35 & 2,982 88 36 2.00 55 % 4k 12k k May 9 14 2.55 . 4 - 24 k 331 89 k Crown Zell'bacb CorpcomS Jan ok 13,614 k Jan 21k 6 4k 11k 1 50 21k 4k 12k _ Vultee Aircraft Bendix Aviation 1 Common p Jan 17k 5k May 50 c Nov 244 — Jan Ilk , Nov Jan 10 k Nov 60 :: llarb Walker Refrac com.* Nat Flrcproofing com. Mar 7,171 1 k 12k ■ ■ i.'W- 120 8k ik 12 k ik 25 Nov _. Feb 24 k k 6 "7% Vega Airplane Co— 1k Victor Equip Co com 1 >Preferred.......5 Feb 24 Jan 75c ilk 17 20 k Nov 19k Jan 33 21k 25 k Feb 50 24 k Oct Feb 14k Ju e 18 40c 744 1,100 275 270 Coppermines......5 Apr Mar k 9 k Oct 11A Apr 14 97 West Dept Stores 7% pf.25 Yel Checker Cab Co serl 50 113 June Jan Jan 34 k Jan 8k 552 July July 5A 8% Sept May 75 c Jan 1.10 266 56 56 Chrysler Carp comrao»—5 Cons Aircraft (^urp cora..l Cons Cuem fnd A ..* Fen 9k 7k 150 1.70 4 % Jan 104 310 50 50 Calif Packing Corp com..* Cons . 1.70 1,70 20 k Oat June 6k 370 10 10 - 100 ......... .. v Sept 295 10 k Universal Consol Oil.... 10 2.55 6 30 23 k 2k*May Feb 300 1,110 75c High 1.05 May July Aug Jan Julv 10 k Union Sugar common...25 Low 14k 12 k 18 k Feb k 10% Range Since Jan. 1,1941 for July July" Sept Thomas Ailec Corp A..*.. Tide Wat Assoc Oil com. 10 Week Shares 2.70 17k May 31 May 2,101 Exchange 18 k 28 k 26 k 10 11% 2k Preferred Oct 18k 7 1.0 * 8 Calaveras Cement com...* High 627 6 k;- 367 V*> Nov- Ilk May 23k May .150 , . 38 Oct 10k Ilk 10k 19k Oct Creameries of America Inc 21% Allegheny Ludlum Steel..* 1,090 > Nov 6 A or 1.25 28 2k * Ctdamba Sugar common.20 Low 200 18k 1,340 Bank of Calif N A......80 Range Since Jan. 1,1941 for 260 28 1.90 Cent Eureka Min Co com_ * Shares 1,075 2.20 18% 1.75 Atlas Imp Diesel Eug....5 -A'-'-'--' Week of Prices High 12 k 10k Apr 18k Jan 26 k 15 ..18 W 4% t;4k Jan Feb 3 k 11 10k Jan 104 Feb 14k 2.20 Soundview Pulp Co com. 5 83 July 14k k 18k Nov 26k 100 357 Ryan Aeronautical Co.U 1 Signal Oil & Gas Co A...* 1.75 Sept Sales Week's Range Jan Sept 50 Oct rtlaska /tineauGoldMin 10 Nov. 14, both inclusive, compiled from official sales lists Low 37 k 882 4 Nov 3k 265 Jan Anglo Calif Nat Bank...20 Assoc Ins Fund Inc.....10 Pittsburgh Stock Exchange Sale Aug 34k 50c Aircraft Accessories Byron Jackson Co -1;.:. Friday 163 k 86 k „ July 112 k Aug of Prices High Price Par Stocks— Bonds— 111k iimmo.ooo Mar Jan Jan Ilk 0 Sales Week's Range Last Apr 21 148 16k 12 Rheem Manufacturing Co 1 both inclusive, compiled from official sales lists Nov. 14, 8 to Friday Jan Jan Jan 15 : May 68 k 500 Jan 19 126 Southern Pacific Co $3,100 ...... .x Inc..—1964 con v Stock Jan Jau 117 k Nov So Cal Gas Co pref ser A.25 St L Pub Serv 1st M 5s '59 Scullin,Steel 3s.......1941 Feb lk 16 k May 102 26 Jan x. Jan Jan Feb 14 339 12% Jan 34k 39 k 107 % 108 6 26% Republic Petrol Co com..l 28 k 134 38 Preferred..........,..25 ; Oct Oct May Nov 101k May 653 5% Rayonier Inc common... 1 Jan 8k July 9 Mar 1.30 22 k 30k 31 % Sept July 5k Aug 2.10 Sept 415 36% 37 % 13 k 3 k 102 Roos Bros common...... 1 Jan 30k 10k k NOV Nov 4% Nov 104k May 10 k Oct ,':.V 27 Paraffine Co's com... 10k June 4k Feb 14 k 162% 152 k 26% 27 Pugot Sound P & T com..* RE&RCoLtdcom.....* 5k 23 k .103 Preferred—..... i 12 k 108 k 3% 14% 108 Feb 100 - 14% 108 Nov 12 July 2,725 > "3k" preferred...;...:. Sept 3 ; 210 6k 10 39 k June 2,556 105 k Last. 28c 1st Pacific Tel & Tel com..100 Mar 105 k Price Mar 1 108 7k June 2k 8k 5 8 k 5k 100 'Ilk Pacific Pub Serv com... Jan 102 k > Jau Mar 220 $5 dividend Jan 38 4 k ., Jan , ..... Richfield Oil Corp com... * Sept 60k July -—* Par 4 k k 6k 9 k -- - ----- JUly 2 k 1,173 Stocks— --- 745 k 12 12 -- 100 25 Pacific Light Corp com..* Bonds— Aug Aug 38 k 50,351 to — Wagner Electric com.... 15 Feb % 8 8 k 4k Scullln Steel Warrants 31k June 16 Sept Mar 8 St Louis Pub Serv A com.l Jan 21k 5 k Nov. 8k * Nat Candy common 100 6% 1st preferred Jan Apr he .-'i'.-i'2 100 Nov 118 23 k 17k : Jan 3 k Oct 35 k 1.1956 June 25k Oct 305 4% Amer Tel & Tel 3s w 16 k 22 k Rtix Baer & Fuller com..10 26k 21k 16 k Westmoreland Coal.....10 Feb Nov 15k 100 Sterling Alum common... 1 Feb k. - 13 k 15 k Aug Mar 5k Preferred.. -.:;.. July 85 Mar 12 k 17k — 33 165 5k 29k 13 k * ..w 21 16k 16 7 k 150 >!• common....* — Gas 5k f . July 21 k 111 % 59! Improv com. Preferred .. United Jan Oct 3k 298 lS6» Transit Inve? Corp pref.25 United Corp Feb 1 k ; 97 58 k Tonopah Belmont....-10c 37 k 16 k 15k Jan 37 k -V W ai-- - 37 k 16k lk 14k - - 37 k McQuay-Norrls common.* .25 com.* Jan 2 k Salt Dome Oil Corp——.1 Scott Paper— 32 July 13k 21k 106 Natl Bearing Metals 25 k 1st preferred—50 20 Scruggs-V-B Inc 00m....5 2,343 30 ■! May Mo Portl Cement con. 12k 14 14 k Jan Oct May 36 k Nov 24k June 23 •« 2,191 112 k '•'V"' 47 •29k 13% Reading RR............50 210 Sept ' Phila Insulated Wire.....* 17 k ------ Jau July 3k 3k 17 20 Laclede Steel com 31k 3k 2nd July 50 3k 3k 2,307 50 3k 22 k 32 2 4k 112 k 31% 6 3k 3k 7 6 25 ^"4 4 Apr 2 1,060 22 k 5 6 38 k 'L W 50 2 25 k 353 5k Rlce-Stix Dry Gds com... * 36k - 5k St L Bank Bldg 25k 4k Phila Elec of Pa 85 pref..-* Phila Electric Power pref 25 Laclede-Ch Clay Prod com* Feb Sept 48 k Jan 25 k \ ' 497 , 824 4,708 32 12k , 27 k 5 1.65 23 k 31% 34k 18 k 695 •V 1.60 22% 34 k 167 ,230 Lehigh Coal& Navigation* Lehigh Valley -v.-.50 Nat'l Power A Light.....* Pennroad Corp v t C—j —1 Pennsylvania RR- —50 1.65 22% Nov Nov »u 19 k 29k 10 Pacific Coast Aggregates.5 Pac G & E Co com.....25 % k 18k 28 k Horn & Hard (N Y) com.* Oct 31k 13k Jan Sept Nov 19k General Motors 4 k May 12 3 52 k 248 29k- -i»i« May 20 30 28 7k 71k preferred.—-.-.-* Prior 1 103 12 k 2k ;:V: 2 k ... 178 k 16 k Feb 2k May Electric Storage Battery 100 Curtis Pub Co com...—* 58 28 k Internat Shoe com High \. .. . "> Ilk - - '- Asphalt Corp...10 Barber Low Shares 12k Hydraulic Press Brk pfdlOO * Week of Prices High Price 27 k Johnson-S-S Shoe com...* Sale Par Stocks— Hlgfi Apr 7k CanPwr6% cum pf.100 — — — —— 76 76 6 — - - -V--- - 1.00 6 101 + ; 101 30 57 Aug 5 k June 98 Aug 98 Jan 7 Mar ' 104 Jan 85c 85c 500 75o Jan 85c Nov 1.00 1.00 416 50c T me 1.00 Ol. THE COMMERCIAL & FINANCIAL CHRONICLE CANADIAN MARKETS Listed and Unlisted — Rales Friday Lost Week's Range for Last Week's Range for oole of Prices Taw High Week Rale of Prices Low High Week, Frtdao : ' ■■■ ' , Par Stacks (Concluded) Price Stocks (Concl'id.-d), Shore* Par Price Tuesday, November 18, 1941 .-cue Toronto Stock Shares Nov. 8 to Harker.. Mines— He Copper..*....* 12 '4c 22 He Pent Arntfield Gold Mines.... 1 8%c VAc 10 %c Sept High wood...** Beaufor Gold Mines I.td.l 9o Jan H & Dauch.— Ce itrj-I Cadlll id Geld M. * 7c Nov. 14, Aldermac ley M -scot Friday"" 17 H Hollinger 4tc Jan 63c Sent 68c 79c Aug Howey....... Jollet-Quebec Mines.*...1 2%c 2%o Nov July Hunts A...... Jan Hur & ;• Home Oil.-.... Francoeur Gold Mires*..* Hard Rock Mines.*—— * 1 Erie— Dome Mines Ltd.. Kerr Addisson..*. 24*4 4.35 _ 4.75 21 Lake Shore Mi les....... 1 11 Maca«sa Mi ies I td..... -1 3.25 4.30 1 2.25 2.15 Sept McKenzie RedL Gol.1 M. 1 1.05 1.29 Jan !»63 Hots end —— Hudson Bay... ' Sept 1.85 Sept International M'll nref.100 1.45 International Nickel..*..* 102 6 1.09 4.660 3,440 84o . Apr — — Oct 1.40 1.65 Jan Int Utll 2.15 2.50 3.10 3.55 July Quebec Hold Mini ng..... 1 Shawkey Gold Mining.*.1 Sherritt-Gordon Mines. 1.1 Sisooe Gold Mines.. 1 2uo Feb Perron Gold Mines 3.00 2.90 20c lc 2c Feb Mar Mar 53c 69c 80c Sept 1 64c Wood Cadillac Mines..*.I 6c 9c Wrlght-Hargreaves ......* 2.95 7.00 Jan 505 .—.1 110" Jack Walte. 6,966 6.6C0 . * 310. Nov 10% included default. 10% Lebel Oro... Last lc Oct 39c Nov 1.53 Nov 3,500 1.55 160 620 25% 25% 320 24 23% 24 320 2,720 Price Week's Range of Prices Low High for Week Shares Low High McL Cockshutt—-- 1 2.15 Madren R. Lk Range Since Jan. 1, 194 3.15" 3 40 1 56c 58c 3.400 Malartic GF. 1 2.19 2.25 13,800 2.18 8,800 M . 18 Jan "Apr 25 0e •' Nov 1.10 1.75 680 1.25 Apr 29% 2%C 2.10 Jan Ja-i 1.70 4%c 5%c 7,000 4%c Pet 8%c Ja'i 2 Ho 1,000 b Ex-stock dividend, cAdmitted Jan to un¬ d Deferred delivery, r Canadian market. * Cash sale— year, t Ex-dlvidend. y Ex-rlghts. z Listed, tin • for * , f at the JNfew. York Curb- Exchange Daily, Weekly and Yearljr Aleoma steel, i. 1 A .* 20 1 3,000 * — — 1,230 2% l%c 2 25 ...100 500 Preferred Anglo Hur.***. If as Pref if as & when issued. Arntfield * . Saturday. Jan 85 4 ...6 McKeisle.. ....*1 4 800 Bank of Nova Scotia..* Bank of Tpro lto-•**.-*Base Metals..J McLellan Mines....*,*. 1 1,000 4,100 Bath Power A.------- Mercury Mills Mining Corp*-.... * 10 %c Aug 3 Nov Moneta- Rales at 7%C Nov Exploration.. Beattie Gold ----• -! Bell Phone----. * ... . * . . . K....; 4c May I 20 . 60c Feb 1,100 * ...100 Moore Corp 650 233 29c 41 Oct Feb Oct 266 9 * 20 3% 120 24% Week Ended Nov. 14 York Curb Eichange Stocks—No. of shares Bonds Domestic..*... Foreign government -.. Foreign corporate.. *.; Total.....;....*.. Jilv ....20 National Grocers New July - - - — Nov Oct 1 Preferred - i. i .* Moore Corp B Bobjo. * - . McWattem. Total Total.... June Bank Mont.. Mc Vittie Corporate . Wednesday Thursday.. Friday..... Oct Ja1 45 991 Mcintyre Forelm Monday... Tuesday... Apr 500 Bank field. Value) Foreign Government Domestic 3% June 135 100 Preferred Ponds (Par (Number Shares) 3H Oct 11'4 Sent 610 McOoll- Au..er . 106 and when Issued new Anglo-Canadian Week Ended NOP. 14, 1941 July May 121 Maralgo. Ma«sey Harris... Aidermac...... locks Nov 5% 60 * e-f Mill Pre.'e red Acme Gas*-..-. 8 10 Preferred Nat Sewer A..... Bralorne National Steel Car Brazil Trac Nay bob Brew & Dist B A Oil--. — — "A" 1) C Px-wer Broulan — Brown Oil—; Buifaio Ank Obligations of Governmental Agencies-—Friday^ Nov. 14 Negus Mines—-, Nipissing Noranda Bri Dom Oil Building Feb , viliif ii'ir Mar 50c Feb 87c Mav 5 M Leaf Gard...........* 6% preferred. - 'Oct 15 5cJA'»r 20% Apr 1 He May 186 4%c Odd lot sales, Transactions 3.15 Nov 1.49 May 1 Abitibl Bldgood 1(> 5 600 -v 22% June Macassa Sales Rale Far Stocks Bonetal 10% 22 9^c 23H Feb frar ;84c'Fept Aug Little L L.... Friday Bear 10% 22 1.50 27 V ~ ~ " 40c' ju-e May 9 1,300 45( 4tc range Nov 21% J me 1,500 ' 50 6%c Mar ■ 330 Lobkw A...; both inclusive, compiled from official sales list Nov. 8 to Nov. 14, 4,600 1%C 1%C Leitch Toronto 43 5 11 In • 1.25 125 73d 10%cNov 3.90 Oct 2,190 1,214 4 00 50 10c 10%c Laura "eoord. Home Oil Co Ltd 11% 3 90 50 a 50 23 V- 7(fe 9J4C listed trading privileges. 3.05 Feb 61c Nov No — 10% Feb ' > 4 ' Fept 6% July 8%'Nov 60c May 05c Sept 2% Feb 43d! Sept 320 .23 High ' Low 2 883 1.25 \ No par value, - 70o 314 Pend Oreille. ...........1 lemlsk Mln.***—.*...1 not Lake Shore... .8% 70c 3% Mind v.. Aug v 5 48 - 1.25 .3% .. July g 70c >23 12c May He July 3,000 Kerr Addison Kirk Lake Lapa Cadillac. Anglo-Canadian Oil--...* * „.„l ', '4 -10c 500 Jason Mines "4 ■ Montreal Power... * 23% 23% Oils Selectlo s.:...2c 800 . Lamaque G 4; - Ranoe Since Jan. t. 1941 far Week High Shares ' 29 % Ju e 13% Mvr • 100 JiOvJi—— Land B & L. Oils- price Low ...... Aug Sullivan Cons Mines Pat Humberstonel.* ***** ' Langley's preferred—.1(;0 1.15 S«pt 93c -.... of Prices Fwthllls 8% May 11% Feb Aug Preston E Dome M Ltd..I 37 4,837 — International Pete, Ltd -I Pioneer Gold Mines of B CI Pato Cons Gold Dredg—.1 Week's Range Sale DomBri^j Jan 1.00 1 Last 1 > * — > 1 < Cons Paper... Crown Dom.... ....1 Nortr.ettl Mi O'Brien Gold Mines ' -.Can Vhegare.Cdn Marconi., Pamonr Porcupine Mines.* *. Stocks— 1 Beath A. l.„* . Imp Bank.....-...*-*100 Imp Oil * Imp Tobacco ord........5 Malartic Goldfielis • ■ ' , 8c Sept Exchange-Curb Section both inclusive, compiled from official sales lists Normetal ... North Star pref.. — - — - 95c Okulta Oils Calgary & Edmonton.. Canada Cement Omega* ... Ontario Nickel Commodity Credit Corp— 1.02 45c O'Brien Prod.. 49c %%.....May 10% 10%c 11 He > A- Can Foundry Canada Malting... Pamour...... ---• — ---. * *• - Canadian Bank ; , 15. 1943 15. Apr. Call r 1944 S Housing Authority-r1%% notes Feb. 1, 1944 Call Jan. 3, '42 at 101... Pickle Crow.. Flo eer 0 May 18,,42at 100% l%s Jan. 3, 1944— Powell-Rouyn Cdn Breweries Preferred. U%%—July 2s.......May 16. 1943 ? • Perron*...... Preferred... Cdn Bakeries... 15. 1942 1,1912 15, 1942 Federal Natl Mtge Assn—• Paymaster Can Wire A..*—-. ■ tl% %8Apr. 16, 1942 1.1943 2s. *.....Apr. PageHersey.. Mort. Can Steamships Can Perm Corp %%....* Jan, 1%. .....July tH7<. Oct. Federal Home Land Banks Ora.ge Cr p.ef: Preferred.*. Reconstruction Finance I, 1943 U%%---Feb. 15, 1945 10c 1-ower Corp*. Com...) .(tX fTheae bonds are Pt Metals.... subject to all Federal tax ». Preston ' Canadian Canners A— 40c ---• Sept Canadian Car Preferred.. —CanaoDu C« D.iese..... liol A. Canadian ind Ale Canadian Lo^omotlye—- 30 ? 30 Canadian Wirebouud... 24c lie lie -24Jati , 10c 600 lie 156 2,800 1,266 10 %C 20 v Mai' lie 87 148 July 35 18 May 14 Jan 17 H 175 100 145 3,0o6 6c Feb Nov 5e 5%c 15% 15% 20 2.15 2.22 2,219 2 01 2c Central Pat.. 2c 1,700 lyiC Sept 1,300 20%cNov - Central Porcupine Chestervllle.. 22c 23%c Cochenour Cockshutt. 13% * Com Pete.. — Conduits... - Co iiagas *— - » 88c 92c 97- 13% June 73c May 62c May 500 * 6.50 614 7 8% 3 22 Oct Feb 6% May 146 , 9' •: Nov 91-* 105 2,640 Consumers Gas* 6%c Dominion Foundry... 2 % Feb 1,455 135 Dominion Bank 2% July Oct 59% Mar 06% East Crest 800 1.97 --- 300 9% 2,296 2.45 - 1.06 ... Maturity 9%c —- Nov Asked — Feb Sept. 15. 1944 Mar. 16, 1945 Oct .. .. tMar. 16, 1946: Nov Nat.Defense Nts Mar 44 Fed Kirk..*——* Fer ,<laad—— point. Mar. 15, 1944 _* June 16, 1944 June 6 Faloonbridge.. Fanny Farmer Asked 60c May — — Eldorado. a 2%c July 3,i7o East Malartic Maturity Anr 5,000 - 32nds of 12c bept 1.10 385 Duquesne Mining.... one or more Nov dbO Dom Woollens pref... Figures after decimal point represent Mar 2c Quotations for U. S. Treasury Notes—Friday, Nov. 14 July -*81c 3,560 -.* 36 8,025 - —— Dominion Steel B Standard Oil (Calif.) 2%s, 1966..*..... Wisconsin Power <fe Light 3 %s, 1971.1.. Nov lc 166 East Steel-..... Northwestern Public Service 4s, 1970... Public Service (Okla.) 3%s, 1971....... Scoville Manufacturing 4%s, 1950 Southern Natural Gas 3%s, 1958.... Apr 4,000 Dome.. Dominion Stores.* .... LuzerneCourtty Gas& Electric3%s, 1966 Montana Dakota Utility 3%s, 1961..... 17c June 17,106 .... Distillers Seagram Dom Scot Inv. Erie RR3%8, 1971...—.v. Gulf Power 3%s, 1971 48c Nov - 1,700 Davies Pete Asked Beneficial Indus Loan 2%s, 1956....... Central 111 Public Serv 3%s, 1971.. El Paso Electric3%s, 1970-.-... ...... 7 lldated Bj,Acrles Cons Smelters. Feb June 12 396 4,0i2 6.50 6.25 6% Comaurum... Co 14% 87c — Cominoll. Quotations for Recent Bond, Issues—Friday, Nov. 14 Nov 10c Sept 100 25 17% 175 Cariboo "36 24c 155 P R gaoandian Malartic---. ' t Sept.16, 1944 tDec. 15. 1946 Apr *-20o May Ford Motors A : 6c B t rhese bonds May are subjejt to all; Federal t txes 10%. June Francoeur 80 % Juue 2% Gatlneau Power GatL*e-u Po ver prer -2% Glenora— God s 2.95 ...... Auk >, lc Sept 3.1U June : Lake ..... Goldale... ...*. Golden Gate. ... Gold Eagle—....... Goodyear.. .... Preferred......... Gr i*aae vot t-r-st. *. " 37 Great West Sadd—. United States .Treasury Bills-^-Friday, Nov. 14 Rates May 15c 9 90 2.80 Rid Feb July Oct Treasury Bills— 4 Nov, Dec. Halcrow Sway...... Hard Rock. *. : ... J9, 1941. Nov. 26. 19411 July Dec. Ham Theat for discount at purchase. ■ • May -- . — . are Oct ........ Gypsum....*.,. quoted 19% June 4 Vt p ef Gunnar Apr Mar 1.13- Nov Gen Steel Wares*... Dec. 3, 1941. 10. 1941. 17, 1941, 1941. Dec. 24, Asked Asked THE COMMERCIAL & FINANCIAL CHRONICLE Number 4008 154 Volume The Capital Flotations In the United States During the Month of October and for ! the Ten Months of the Calendar Year 1941 the month Corporation financing in the capital market in Octo¬ aggregated $200,311,420, slightly greater than Sep¬ average great as ' Vate $195,656,013 but less than the 1941 monthly to date of $232,411,897 and only about half as October 1940's $393,074,870. However, contrary showing which the month's figures made debentures. ' (J, :• ; Oct. 9 aggregate, the portion of the total assigned to Private financing in October dropped from the high level reached in September, but the $68,595,000 total of capital purposes had certain unusual characteristics^ In the first place, it was the greatest amount of money; 'such issues represented 34% of the month's aggregate. raised by corporations in the new issues market for new In September private issues amounted to $130,020,000, capital purposes, with two exceptions, since August, 1938. or two-thirds that month's total of corporate placements. The exceptions were last August and November, 1940, The government agencies were themselves absent but in both of these months the figures were greater from October's capital market but the Treasury itself only because huge issues of the American Telephone & brought out a note issue to refund maturing RFC and Telegraph Co. boosted the totals. Without the A. T. & CCC notes. According to a statement of Secretary MorT.'s issues, the totals for those months did not equal last genthau last month, the Treasury will hereafter finance month's figures. More interesting, however, was the the different agencies through the sale of its own obliga¬ amount of new money financing carried out last month tions. It is contemplated that agency obligations will through the issuance of common stocks. There has been eventually disappear from the market. a dearth of such issues in recent years, and October's Municipal financing in October totaled $64,168,227, total of $50,935,420 was more than double the total for compared with $51,430,171 in September. Despite the the preceding nine months of 1941 of $22,986,654. In increase in the total, however, the new money portion addition, the month's total was the greatest of any month dropped to $28,804,726, the lowest of any month this since February, 1937. But its superiority is brought into year, which compares with $30,668,421 in September. clearer perspective by comparison with recent annual viz., figures, in calendar year the Below 1940 the total was a tabulation of figures since Jan¬ the different monthly amounts of as revised to date. Further re¬ visions of the 1941 figures will undoubtedly be neces¬ sary from time to time, particularly as additional private stock flotations, mon 20 20 31 yrs. 20 31 yrs. c e Oct. 23 Nov. Oct. I 4 1 A mount A cce/ted S yrs.: 100 100 2 100 2H% 100 1% 4 % mrs 1 Oct 1-31 Oct, 1 10-12 275,870.224 275,876,224 Oct 1-31 Ju*^e l 12 yrs. 7,056,000 Oct 1-31 1 2 yrs.' 474,682,625 7,056,000 474,682.6*25 Aug. Oct. yrs. total-.. Total ., 10 mos * a a 100 2% ' 100 b 3.451,125,399 15691,628,201 Average rate on a bank discount basis, a Comprised of three separate series, of which series K have 10-year maturity, are sold 2.90%; Series F have 12-year maturity, a discount basis at 75, and yield on a discount basis, at 74. and are sold on a yield 2.53%: and series G have a 12-year maturity, are sold at 100, and bear 2H% Interest. * b Comprised of ^wo separate issues, designated Treasury notes of tax series A-1943 and tax series B-1943; series A earn about about 0.48%, counts. Public cash offering, c 1,92% is financing brought other places. to light in annual and reports - , USE OF Dated FUNDS Total .4 mount Type of fecuritti 1 New Accepted First 6 month total Indebtedness Refunding S $ $ ... 8,675,484,647 5,325,806.200 bills 100,880,000 100,880,000 day Treas. bills 91-day Treas. bills 91-day Treas. bills 91-day Treas. bills 1....... U. S. Savings bonds 1....... Depositary bonds.. 100,048,000 100.337.0G0 100,048,000 July 10 July 23..—... July 3o 100,127,000 100,015,000 353,510,582 July July s 2 91-day Troas. 91 9 ... June July total MONTHS, 1941, 1940 AND 1939 SUMMARY OF CORPORATE FIGURES BY --------- 100,337,000 100,127,000 353,510,582 40,214.000 40,214,000 501,407,000 895,131,682 - 91 New Capital New Total Refunding *1939 Refunding Capital Neio Capital Total ...' Total Refunding 393,724,582 100,232,000 Aug. 13... -day Treas. bills 91-day Treas. bills 100,118,000 1C0,118,000 91-day Treas. bills 100,227,000 100,227.000 91-day Treas. bills 100,799,000 271,277,566 100,799,000 Aug, ♦1940 'V. 3,340,678,447 100,015,000 Aug. 20 *ml and series B, a year d Allotted to Government investment ac¬ Public exchange offering. e July the $37,409,820 Westinghouse Elec¬ & Yield, *£}; Price 10445,341,100 1,307,419,4C0 93,256,950 93,256,950 188,971,200 188,971,260 502,983,000 502,983,000 uary, Manufacturing issue and the $11,351,900 Dow Chemical issue; Large bond issues brought out during tric 31 yrs. Oct. Oct. 9 present we 1939, showing corporate financing $74,072,982; in 1939, $70,784,346; in 1938, $18,556,530, and in 1937, $203,462,842. October's larger security issues included two com¬ . Oct, 9 d Oct. the new Amount Due. flated Offered A pi lied for $ $38,000,000 to the mediocre in Central Illinois Public Service Co. included first mortgage bonds and $9,000,000 notes, Union Pacific Railroad $13,250,000 equipment trust cer¬ tificates, International Business Machines $10,000,000 debentures, and Beneficial Industrial Loan $10,000,000 ber tember's 1091 6 ... Aug. 27 ... 100,232,000 U. S. Savings bonds 2*7*1*,277* 566 Aug. ; S 35.469,718 137,994,832 227,012,100 324,316.342 258;561,870 March. 46.004,059 211,341.581 115,287.655 201,922,025 31,527,491 103,799.050 613,687.420 784,800.237 113,001,268 453,135,463 86,634.370 171,112,817, *. . First quarter April..........-'-............ 271.387,665 31.649,770 L February 107,180,735 146,650,400 197,102,123 113,390,374 260,976.300 203,857,159 6Il,483.859.i 90,466.735 s June $ 10,386,300 16,812,332 257,345.640 23,833,072 136,115,000 58,179,191 48.688.660 106,867,851 87,938,295 195,189.960 283,128,255 1....... Depositary bonds.. 11,435,550 11,435,550 Aug. 1 Tax antiel pat'n notes 1,037,124,525 1,037,124,525 159,948,072 135,326,541 566,136,731 . 5,926,032 251,672,652 >250,069,392 174,067,430 78,200,042 21,740,443 181,769,350 84,280,300 101,476.480 111,247,808 31,241,064 161,502,000 251,798,424 283,039,488 4 378.254,222 ; 536,987,890 131,181,549 595,069.774 726,251,323 831,389,685 1,103,124,621 '219,119,844 790,259,734 1,009,379,578 89,787,130 i 9,771,328 158,733,668 ~ . . 173,464,550 )■ 192,497.442 59,175,210 A 39,469.665 63,874.177 June $ S »• . 52,928,677 January 1... 183,242,443 "August total. 3 Sept. ... 91 day Sept. 17....... Sept. 24 91 ... Treas. bill® day Treas. bills Sept, 1 U. S. Savt June ......... 1 Depositary bonds Aug. 1....... Tax antici pat' n notes gs bonds _.' 401,376,000 100,369,000 100,957,000 100,043,000 91-day Treas;'bilk 91 day Treas. bills ... Sept. 10 1,721,213,641 - 100,369,000 100,742,000 '238,389,482 2,145,450 305,927,000 100,742,000 948,572,932 402,111,000 100,043,000 23*8",3*89*482 2,145,450 305,927,000 Second quarter...._i..J... 193.81Q.627 417,673,232 Six months.;.....*. 364.923,444 1.031.360.652 1,396.284,096 271,734,936 43,569,170 327.402,743 86.468,380 49.833,450 242,447,950 292,281,400 49,703,366 180.669,959 230,373,325 Oct. 1 91-day Treas. bills 100,045 100 045,000 74.427,157 67.938,134 180,831,672 25,894,844 317,462,641 343,357,485 Oct. 8 91-(lay Treas. 100,433,000 68,006.465 112,893,538 65,594,785 133,601,250 16,019,150 80,195,000 96,214,150 Oct. 15. 100,433,000 100,207,000 Oct. 2*2....... 185,778.049 420,936.273 606,714.322 91,617.360 578,327.600 669.944.960 Oct. 29....... 91-day Tress, Oct. 20.c 2 Oct. 20 Oct. i 20.e.;..'- A UgUSt.... Ii ......... i September........ ; .....; 34,264,713 161.391.300 130,037,550 401829,900 195,656.013 405.236.626 July..._.L.. 322.286,837 727,523,463 : .... TJilrdquarter......4..^... . 1,319,837,641 100,957,000 Nine months. 1,252,325,958 1.709.838,943 345,346,770 457,512,986. .770.160 070, 1,353,647.489 2.123,807,659 310,737,204 1.679,324,538 1,368.587.334 177,771,459 168,943,139 .... Fourth quarter... 1 • j : 393,074,870 262,885,785 21,640.375 90,834,833 334,579,682 396,778,240 30,778,057 195,817,158 112,475,208 226,595,215' 278,869,797 November. December...;....... 93.942,646 62,198,558 773,869,098 1,052,738,895 72,715,828 444,126,054 736.382.782 2 026,195.056 2.762,577.838 383,453,032 1,812,713.388 ............ bills 91-day Treas. bills 91-day Treas. bill d ** < ■' -TJ.-2L 1 1 157,474,063 Nov. 1 Oct. 1... U. S. Savings bonds statement last month in operations financing October through tinuing sales of defense savings bonds, tax that the $65,000,000,000 limitation the Federal debt will soon 1....... Depositary bonds.. Tax ant icl pat'n notes valent about to 474,682,625 year's national income) to defeat Contemplation of such figures raises the Hitlerism. anticipation notes, and depositary; bonds. 5 The bond: offering was one of the largest cash issues brought out by the Treasury since the last war. In recent In the tabulations which follow we outline the Treas¬ ury's financing activities in the current year; * the only offering of comparable size has been the of June, 1936, for $1,106,000,000, relative to the payment of the soldiers bonus; The mew issue does years : . 1967 ST:VT33 TREASURY FINANCING DURING 1941 Dale " Offered 1972 and is not callable until UNITED 2Vz% coupon rate but nevertheless was until and bears only a years and A > new Amount Due Dated. First -issue presently out¬ plan of agency financing was announced during, the first step toward carrying it out was The plan is that the agencies will no longer Applied for 91 3 July Price 18 July 292,758,000 Yield days 1 10-12 266,617,000 total 99.976 , 2% 100,232,000 ''<v'vV;v - " : <,*•: ■ As at October 31 , • the gross debt of the United" States ! -('• 99.973 293,242,000 91 days 288,823.000 100,118.000 91 297,444,000 32/,055.000 100,227,000 99.971 100,799.000 99.971 271,277,566 271,277,566 a 11,435,550 11,435,550 100 1,037,124,525 1,037.124,525 100 days 91 days Aug. 22 Aug. "27 Aug 1-31 Aug.. 1 10-12 yrs. 12 years Augl-31 June *1 they must logically be in light of the announced pro- defense program, bear out Mr. INTRA-GOVERNMENT Retired a First Rlx months total $ Net Issued S 3,497.287.000 — Publli FINANCING Issued 1941 e .< 2,746,792,000 750,495,000 Jul — 70,000,000 July total. 69.700,000 11,527.000 143,821,000 225,348,000 — 10,300,000 155,348,000 Certificates Notes,.. 21,827,000 203,521,009 A UQUSt—• Certificates — 146,000,000 146,000,000 17,043*000 17,050,000 7,000 163,050,000 17,043 000 ?' 10,000,000 212,219,000 10,150,000 1150,000 23,585,000 188,634,080 V 33,735,600 188,484,000 146,007,000 Certificates - $ This figure together j: requirements of the. * Morgenthau's further ! 222,219,000 , October— Certificates 64,000,000 ... —— October total 5,300.000 58,700.000 32,989,000 80 U.8,000 153,039,000 96,989,000 — Notes 91,328,000 5,661,000 2,910.725 000 1,294,168,000 / . ♦0.106% ♦0.114% 99.971 *0.116% *0.114% ■' 4,204 893.000 Total 10 months..... Comprises sales of special series certificates and notes; certificates sold to Ad- Justed Service Certificates Fund and Unemployed Trust Fund, and notes to Federal Old Age and Survivors Insurance Trust Account, Civil Service Retirement Fund§ Foreign Service Retirement Fund, Canal Zone Retirement Fund, Alaska Railroad Retirement Fund, Postal Savings System, Governme t Life Insurance Fund. ' 2 years 1 Augl-3J Aug. total. Aug., 27 Sept. Sept. 3 ,.91 91 5 Sept. 10 Sept. 12 Sept. 17 i days days 383,608,000 100,369,000 439,541.000 100.957,000 493,411,000 : 91 days 100,013,000 :■ 12 yrs... 1 Sep1-30 June Sepl-30 Aug.. J. Tept.26 Oct; Oct. 3 Oct;. 10 Oct. 24 Oct, Federal Savings & Loan Insurance Corporation, x Excess of retirements. 99.982 99.987 401,215,000 2 yrs. 100,742,000 99.991 238,389.482 238,389,482 -a"'' 2,145,450 2,145,460 305,927.000 100 ••• 071% ♦0.050% *0.037% In the 2% b we comprehensive tables compare with a 100 305,927,000 • *0.090% on the succeeding pages *0 ::v< those the October and for the ,V ; years the corresponding ten months' periods figures in the four preceding, thus affording a five-year comparison. 948,572,932 * .1 91 days >182 095 090 100 045,600 8 91 da'-s 368.817 000 100,433 000 99.9996 15 91 days 217,616,000 100,207 0O0 99.9998 9L days 303,852 000 150,185 000 99.994 269.407 000 150 010 000 99.983 *0.067% Following the full-page tables,* we give complete de¬ *0.024 % .91 Oct.: 17 Oct.* 22 Oct. b > 99.977 - Oct. National Service Life Insurance Fund, Federal Deposit Insurance Corporation, and 2% £4:r 1,721,213.041 - Sept. $53,584,047,871 and if guaranteed issues are added, gram, it aggregated $60,513,558,826. with the obviously heavy financial j * » ' days 91 days Sept. FT Sept. 24 Sepl-30 Sept. 1 10-12 yrs. pumber of financing operations and simplify the financ¬ ing program. " excliai ge offering. a 100 895,131,582 91 Aug. offered last month its own notes in exchange for the maturing notes of the RFC and the CCC. According I to Secretary Morgenthau, the purpose is to reduce the V 99.975 40,211,000 r 0 Aug. 15 Aug. 20 issues which will leave only" orib kind of Treasury: '! '99.976 353,510,582 40,214,000 *0.087% *0.097% *0.097% *0.098% *0.094% 99.975 100,015,009 353,510; 582 yrs. 12 years 1 *: ury as 7,868.046.801 d Allotted to Government Investment accounts, September total.. 99.076 100,127.000 281,732,000 days 91 days 30 25 July 306,089.000 91 16 23 J'lyl-31 July J'lyl-31 June 281,145.000 100,880,000 100,048,000 100,337.000 6 Aug. f 1 Aug Aug. .8 Aug. 13 obligation in the market. Incident to this plan the Treas¬ was 2,258,344,199 7 8q3 481.400 September— Amount Accepted 91 days 9 11 July July July ligations to the public. It is contemplated that all guar- " anteed issues >#ill ultimately^ be ^ Treas¬ '■ Publiccash offering, August total 8,675,484,647 91 days July July total... | publicly their own obligations but will be financed by funds loaned to them by the Treasury; the. Treasury will finance such loans through the sale of its own ob¬ ury s 2 July October and sell 6 month June 27 July S."1"--.--^ ;v undertaken. 1,192,781,200 15 601.5'S ?0)1 s at least seven years matures later, than any other Treasury, bond standing. w — Notes heavily oversubscribed that only I2l/z% of subscrip¬ tions were allotted. It is the longest term issue brought so recent 474,682,625 - 3,451,125,399 r~rs. Notes financing in 7,056,000 . one question of whether any limit that might be placed on government borrowing power could endure for long. out 275,876,224 7,0f6 000 1.. prove Secretary of State Hull;has declared that the United States is prepared to expend up to $75,000,000,000 (equi¬ offering of the same issue for maturing notes, an exchange offering of notes for maturing CCC and RFC obligations, weekly sales of bills, and the con¬ exchange mature 188,9*71,200 502,£83,(J00 Aug. inadequate. How grossly inadequate from the standpoint of anticipated deficits is brought into even sharper definition by recent press accounts of discussions between our government and the Finnish government, in which it is stated that on public issues reached the enormous aggregate of $3,451,125,399, of which no less than $2,258,344,199 represented new money. Included in the total were a cash offering of bonds resulting in public allotments of $1,307,419,400, not If 8,971,200 502,! 83,000 275 876,224 „ Treasury Financing in October an 49,995,000 1,307,419,400 93,256,950 93,256,950 Jure c Treasury *50,05*8*,000 100,127,000 100,015,000 150 010 0C0 2,196,166,420 20.297,396 .Tefn| in ♦Revised. 150,185 0C0 1,307,419,400 October totrl ...."I... 1 Twelve mouths. 100,207,010 bills yj% Treas. bonds 2J^% Treas. bonds 214% Treas. bonds 1% Treas. notes... 546,461,93*2 516,841,882 47,728,100 200,311.420 97,050,220 103,261,200 October September to tal 29 _ dars *0.062% 99.984 *0.002% - ♦0.001% tails ing of the every capital issue of flotations any during October, includ¬ kind brought out in that month. 34,0 28,097. 0 4.80, 0 205.73690 138,590 Total Refundi g 71,52.0 71,52 0 34,0 1,5 .90 1,50 0 108,94 0 240, 0 60 ,0 Capitl 46.0750 20,9.0 1937 6,986.50 256,0545",3,0 0 8 New Capit l 53l".254 274.3,14 32,8650 2,18,10 59,2804 30 ,0 187,50 capitl 61,48 10 1.950, 0 1938 63.921,60 102,986019 16.907629 17.240C 3.250.O60 3.274,59 17, 1459 510,9 .0 52.480 591.50,0 742.1058 Refundi g 273,05.89 « ~ $ i. , New $ Total Refundig 138.590 •- 71,52 0 16,3810 52,61750 ~36b",6 2,54.6 4,925,0 32,046.50 6,10 0 1,0 .0 1.976,0 46,0750 20,69 0 4,925,0 32,04650 26,940 1,0 ,0 1,976,0 Total 71.52 0 6.98650 30 .0 0 4.0 0 f,54"o',5 50, 0 "450",5 7"/8~,754 f.50 ~50 2.6 8.754 280,1 0 253l54", 531,254 259,68 90 "450", 0 187.50 f,5b"o~6 2.137,50 " "120" 1,0 0 555,12,870 Refundi g ~ 30 ,0 0 2,90,0 I,42"O,5 37,130 Capit l 19, l"I5 $ New " 9,20 , 0 148.57,0 6.40,0 840",5 0.250, 95 157.431, 8 ~ 1939 ~~ Refundig 62,50 Capit l New 35,180 23.5¥,46 16.35,470 $ Total Capit l Total 11757.,4 .405693 1939 ITUSFSTNMOHAHENRD FGOMAFOLTURIFNVEAEOHICRGDNPNRMELGT, agenci_s.& SfbfGurtoFoamoantvuengichrddepniymldssesyl manufctrig 4 .720 Refundi g 31.650, 13,65.40 8 1940 1940 Capit l 21.530,5 9.87",6 16.320,75 3,-506, 6 50,935420 20,31420 34782-,6 64,1827 29,301647 New $ Total 145,8760 SOUM FARY Capit l ' $ New 49.625780 2,70. 0 50,935420 "V $ " GONCROREUPFPWIATE CAHANR DTE 103.26 0 28,04.726 132.06592 750, 0 460, 0 214.0 0 Capit l 21.39,0 5.718, 0 651",154", 16,0 5 49.625,780 " New 365.18 450, 0 31.04,6 59,20 924,30~6 795,64.95 2.10845 3,75046 Refundi g 1.490537 24,5610 120,839 63,26 ,962 418,70 571,68.254 2,15.0 L497.21,39 Capit l New 2.341897 4,06,6 1,8927350 823.15,0741.50,0 5.04 6953 ;—t— "072 80 ,0 4,0 ,0 74.65820 15,96.0 340, 0 2,056,0 Capit l 721,56.083.672,53 74,605937.92 0/4 873,42170 1,2560 457,29.0 1,50 0 2,584.1360 S SOUMFARY FbGSftoervomtaahodunrgnicmpyeinldseysl. 1,450697 4",0b",0 640.135,0 365.82,94 2,4605 93 Refundi g FCORRPEIGANT, 27 0 ,5 53.65,420 21.39,0 5,840. 5 750, 0 61.98,145 460, 0 214,0 12 , 75 50,814", 5 5.299 Refundi g 1,24 69,1774.30, 127, 629 79.50, 0 5o5 54,35.42 25,390 80,498.275 7^0. 0 "469,7145 80 ,0 2,70. 0 12,70. 0 50,814. 5 340, 0 Refundi g 4,0 .0 73,85 20 15.96,0 2,056,0 1941 2,417 S 1940 47 27,150. 80,0 2.70, 0 10, 0 145,8760 Total 1,867.045,9767,50 0 ,Tl6~32595,604191.950 346.71 1,489.3 50 78.10 149,3.4060,13.057 79.50 0 Total 1,801,5 0 115,77375". 1,09 ,785 7,5 9,75 26,197.50 15.2 8,0 5,894,05 16,28425 7l48~I65 1,09 .785 9.059.75 728.10 1,506", 6 21,530 5 4,093.0 New 97,05 20 34782",0 35.63,501 167.235 1 Refundi g CORPATE, "CRaepfuitnadlig*5 155.02,8,0 198.657,0 47,2810 12,69. 697.3/8,60 257,0 78 $ 13,69 120 50.58,0 207.34,505,U0 31,'59;70 36 ",905 5,0. 0 $ 1.6543 8!- 425,80 691,78316 5.236.0 1.89305618 New 47,28.190 "51 ",6 1,69~,7§6 9".487*,5 10,478".5O 20.3~8195 1.09",7§5 7.987,5 0 3c.180 Total 92,30.69 623,4765 108, 49 Capit l New 39,0748 140, 96 17.42,18 710,36 51 531.254 Refundi g 917,80 5 2.7580 1,20.80 Capit l 721, .103.542.0 34,8524510, 576 6,481,534 9,20 , 0 1,50 .28 6,057", 5 "lib',585 357,65 ,07 5,236.0 1,69248.1 1,049.7,0 80,62.5 3.5472015 New FYOCEITVARBS GFLFYTAMFEOOM3IUNVNIEAHCARVDCN1RMPRDSGL.T. YMOFCEITAVNRBSH 20,9736 275,86 0 42,176 95 38.4019 1,42.359 3.250, 0 132,{Kj6* 598.472633,0,0 Total 274.3,1 " Refundi g 798,16.51 36.82 90263,579.06 8.14280 New 1938 39.4272", 729.420 6,"250, 5C ,S6218 3,698 Capit l 710.897,14 5,61.08 194.8 065 190. 8629 1,631,254 ~i 2~0 ,5 6 12,870 147.05,18 1.509 0 82,40.O 458.631 279.061,49 $ 26.4i~.I6 3.087.50 30 .0 1.420, 037,130 l",50",5 1 63.921 0 42.925 42",925 S $ 1937 i,56O',65 38.15 74 6.524, 59 9,20 , 0 148,570 9.50 ,5 "840",5 6,250, 5 3.42 .459 17,24 0 3.406",5 "729",425 6".25"0,5 Total 9 .0 0 20,69 0 21,306. 084,6 0 27,40 1,0 ,0 4,230 26,0".56 2, 54~05 Total 235,09. 10.382641,50,0 40.37 2 1939 $ Neto 38,1574 32,86 105,6719 76,187. 3 35.190, 30 ,0 Refundi g 16,38 0 52,61750 $ 1937 30 ,0 1,950, 0 718.754 Total 21.306, 84.6 ,0 6,40 0 1,0 0 4,230, 0 $ Total New OOCTFBER te— bonnaodtess. -tossck stock bonanodtess- stock stockforeign— boannodtess.Short-em stock stock corpa-teGovernmtforgeoveirngmn.LGoaanndt,!♦Munciipal—eSts,PSotaens toal dfinigculouredste OFOCTBER BNooteasn—ds utiles&sccotoepaell,r,,mnuft acesori!indausntrdl b&uildcngs, &httroraulddsciinntgg,,,Miscelanous SBNhoootreats-n—Tedms utiles.&sccotopea.ellr,,,mnuft acesoriindamuansuftrctirilg b&uildcngs, . h&ttrroaulddsciinntgg,.,Miscelanous utiles&sccotoepeall,,r,mnuft acesoriindmauansnutfrcidtrlig;b&udicngs, h&ttrroaulcddsii_ntngg.,,,Miscelanous utiles&sccotoepaellr,,,mnuft acesoriindmauansnutfrcidtrli:g b&uildncgs. h&ttrroaulddsicinntgg,,,Miscelano_us csoercpuritate OEM3NOCDN1TTHS. Corpate— boannodtesdsShort-em. stock stockCan'd;i-—■- boannondtedss. stock stockforeign- boannodtess. stock stock corpateGovernmtforgeoveirgnmnGaanvcidets,.&♦Municpal—Stes,PSoteasiens toal fdifinugnculordesset DrCopora omestic— Long-termShort-emPref redCom onCandian Long-term Short-em Pref red Com onOther Long-term Pref red Com on TotalCandianOther . : MONTH These Grand * Long-TermRailroads PublicTron,EquipmentMoatnords Land,Rub er. Ship ing United Farm Other ft M, © Oil Total Total Stocks— Railroads Public Railroads Equipment and Rub er. Ship ing Public Iron, Motors Other Land, Inv. Inv. Oil Total Equipment and Iron, Motors Other Land, Rub er Ship ingInv. oa -H «? 1 06 &n 2..® o ST"ft * »■ *» Q 2" © 0 H w 1 w o 2 „. -Ipe r cm Z2 ►b, "1 * "** L Q e °wfo" SSoTw3j-?oss£or*o.mSgHT>.—~» o CWltC—r<O-<>5~\l3ESf5ao2.£P?53P2®r^e■s.* £n.g"^~5c ^fto22m,0^»5 «0a1* £s?gESoi*-t«gen f SST 5 o Sal M to 'O i2 jaSgM|w§8*e.°;s-"!rg0 5s,f»BSag3 .-srga _SJut» S Sags? m2° S3 P fcS'-Sg »«§• §s3g~ ^,"2o^3 &a°-® 2—,e^ _ H » C g- 8 S'5» ►— » tjj 2 3 5? •» ° re 3 tr<< ;»8l*oo«<-t o 2 g-S _ ei c M* W - "Hgtln o Sc 3 t? S 5 •*-. 5 O rc?3 *•*. cn"30 & 3 Co- 2w » a H ft- of V? •co 32 et- 5? CD 3 ►tfbt g^fw o iff ? * a" ►HO >i M CL O CU rt> P. IS2-J3* 3 Q °^if W3 3 pD - ou Ship ng. Inv. >hor * Farm 10 CO alS S-ST3 p g" §. ct- •<i-b. SO o a ST i? _0 P 3 O « 3 Htiwt#2.^5* is^s- g-S3 So ® S3Sg §3gg™>-s to©C„ °-5o=- sis?g-0 2*5o-25 w»t- oO®» ft ^g O t-h ■o £. fl> ►-h,Q Sw°s^, £ Domestic— Long-term PrefredCom on .ong-term t-erm 'ref red 'om onOtherLong-termShort-emPrefred Com on TotalCandianOtherLoan United Grand These Total c S-2 ft?S£»»•< « ^ — - o COl-i feSls- ^S &»o EgwT o g 4. o OWa3jo . x 5> * a> >-t jo O 58 5d Railroads Equipment and Public Iron, Motors Other Land,Rub er. rt- ft Co o c Total— o . m O < <w C 2:8s S:^ o «♦ nHI> f c^ >ooH3h»3 23 •a'* e23S 0-5"^ Cf -3 3P | S J--P 3 _ 2. 03 O go 3 w < 12 CO op p. » * » p-3 "p p o 01 JD *—• CO? ' a"-iP.; - 1 eft O® - pD 2 -lis * rj???CO Ofl>C 3 Hlft to gI? STre O 1-1 O OC 3 r 2 _ cr p.*} W 3 {ijc 8 a — a>■ ^8?£2 S-C 2 P p c •n "2 ° _ CO oji-»a S5. re 00 „J _ S"2 "3 re 0,01 a o it P I ® C o o• S® °m ^ <* ^ > HJ, " << g.«"r£c,°9»h?Io «2 oo2 Hfl£»-*■3J§3?*^m*?2c2.32.oBS-"OPrt joJcf> ^Sr-.»S»HJ3*■"•- o<} H?„°cs*325< ®3oHaomS-2.S-®3to"M3w®5«"^ I§?1s»® 0S.»3 af*3<«gS5Sf. tS.^p-g op^rH.0 o<-fh3O'<s^oSv™wHg r^eS2-"_^h|3m^rl ;'S2opf "§2 5-^.-t CD*3*3^2 "reg&3" Sil6, T»— H«o* — ^„ B$? hpOH* HCO| ct- ac- MONTH Cl 3o£ 0. I O ® ^ »-i ~ «-. S 3"^. t!o r^<< ►*£:- 5?i» «33o^T&ar>S^pQ*-1?_3t*WoOra.M«■?H >"?oPJSns-|§"»C1&03<phnjSI«S^."©fPSC§O?cg?inhotPS.w2;jo"►-si,0c—t<-g1w3~3m»-3i0?•J!WShdf'3lre"^3«-f>O€»t!-B3<SCBHO-3rtC"1r<>c-» v^vo**w"-S_ WE-,T2-_p*m PT-:S«32^t—?30,5g' «rS?f&jSf a>02o-gpaoopcPr03e- lE■^s*3s#» ■S-w53p£&^sr§§a'|Bw.S&-.*-&. W^,o0OHC3 S0p®^-rP H 3 .®HO f S; P O Wk> CS J'O K3* O- C®PwS g3>p ■- r l_i re H« •- ►3 O,6 «(t H6f 5* p. <r^ H-J-* 4» CT> 3 HI Q 3 13" ■ ^ 8? &. I-»* S? 3 o O w JL •- O ^"rH l- P o - Volume THE COMMERCIAL & FINANCIAL CHRONICLE Number 4008 154 8 i©©o©r-o I© iXtn©©©X 1© §-_r—r Ji t_r i i i i ^ !© o [x-4(s."ij'x"n4" [ox o; •-< © b. ^ •<r o co co Joioolco ,X©®XOtH. ©xr-©xts-®3©03 (N ! In ! i i ! 1© ,©x [ © I© I I lO i I I i© i i iO ■ (NIC oqXrHi-iqqq© I OO 10 O O© ©x ©©XO©Oli)<©© I I QQO OOO oooooto'ooo ©x©op©©®<© X IO lO IOX IOX •oo StfCOOCOONOO I ' OOO ooooooooo OOOOCOOOQ I xq© ©tP 01 rH O tO >H CO HN'OCO l£>J I 10K i)i©X CO X®i-H I i | I I [<N©iJ<t--rtitl £ ' r-H '© N I loaooo IOOOOO qoqo ocoo i ; ;§ iqxoq I I i ! 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I > I I ©q J ;©x XrH • •© I OOO© 'OOO OOOO OXOO lOOO i i OO© oo '22 I OOO OCO iOO iNOO I iO I I "lO I I iO lO I I I ,Os©OSN i t i i_r i <2 I I I OSO'O J [©©" iO i i © OOS ON OOO OO© i I--OSOO I I"—rH© OO ©N© | , ,0 , | , dtC • I '03 ' ' I x©©o ©Vcoco ty-<1 I 'cib-O ' 'rH>0 ©rHrH N !>. I I lOO I "O rH OO oo i lO'oni o as OO I I rrC -v'r-C • I 1. ONO ocso i i l-©X, , ,©© C1NN , i©N iONN ' rHf>.n4 MM® O) .©o , ,q cqqqqqqrHN ,q© ONOMNXNo' 'rHOS ,oq 't-rH© 'os*©' rnn* N© I I iO lO lO I I •—T I I I I I I >© I I IX I I I IH I I 11"— I I I© I I lt>. I I IrH >rC 'r. * I ' ' ''II I I I I® I I I I I© xno I I I iCO cqt>.o I I ®©q CCif" ' ' I I I I I I I I I III. l*~l © PJ 03© • 11 »o> ' • ' 'o ONCO OXOO iOhOO xi-oo ixn<x IrHT© loo ,n<iHiH. COT 8© ' i till I I I I I i l III I I I I TO lOO Jx'o [dx'ioox I U' I I I I I I 'g I© '©N I I 'NOs <Sj N- OOpOONNOO iOO rH Ol-OOOXTXO lOrn ICS o q©qqco_T©q I®5 I l|^ rH . X [©o'co [' [oo iNOH CfcOrPON Iwraxs dpjt^CO ,©© , 'TNX I © ' ,'thX XNH rHrH rHrH ! , 1 NT C3XrHXN©©W ©HjrH • 1 I rH 1—1 It© [o©© loos ;© ,«n © xq , '©ri '©CO 'X © r"^ ,oost^ OSXOS®CXt>i-iON®T Chatillon .*■ ' 1955. Life ' 1 1 • ' iC© i i '© : J8 8 • »© f 103 4 goo 00© ,TOO , ' I ,©© '© <*©rHX , ;©©© , HO rH ' 'X©N ' '2 © ' < ' , ' ' ' 'X |X CO© i CSX $1,710,000 Franciscan 1-4;© HH N rH the CMC 'OO i©X i » i i i «i© iO » i i i© 1© § i © 4 ,®©N ,0® TO (N 'T® 'rHN 'T [OXX ' I 1 IN I I 1 I 1 © gg © >0©' ©3 ! ® . I . 1-1 1 1 I I : . I I I © I III IX n; |N I I I I .'k- I I I I ll> >0 <r2 1 II 1 £2 i,r © XXNq (OffiNON I© 03 ©XCC© ,© •© I I I I ' i 'S | 1© 1 1 i 1 ' ' 'T ' I I IN « TTOX N©©X T © 1 © 03 11 £2 X®N 100 t © • ' • . ONN© 1 1 Chicago 1st mtge. (3%-4%) Offered by B. C. Ziegler Hospital, Int. Offered by Eastman, Dillon & Co., Inc., Kidder, Peabody Rollins & Sons, Ladenburg, Thalmann & Co.. Alex. Brown & Sons, Hayden, Stono H. & & Merrill Lynch, Pierce, Co., Jackson & Curtis, Whiting, Weeks & Stubbs, Inc., Co., Piper, Jaffray & Hopwood and Rogers & Noyes & Co., Witter & Dean Beane, & & Weeks, Tracy, Inc. ^ . 1942-1956. Purpose, to maturity. Offered Purpose, refunding. Hemphill, Co., Putnam 1 , 11 Price, of Milwaukee and Chicago Long wood, Chicago) 1st ref. Dame Lady, Our and Co., E. Co., Riter Hornblower "JhC Notre Convent & -11111 '2 1 OOO re¬ Smith, Barney & Co., Blair & Co., 'T©00© ggg: ;g N of of bonds. Price, q (OONOO (XNNO© & © of mtge. Purpose, ($214,000). Jones & Co. by Bitting, Offered & ref. construction new '© I Minor), Province Co. Fenner CCO Friars $10,000,000 Beneficial Industrial Loan Corp. 15-year 2% % debentures, due Oct. 1, 1956. Purpose, general corporate purposes, IN. I© I ' rH of MISCELLANEOUS I I Co. $2,270,000 10 00TH I 0- i^. serial & XTN®TNNHTNrH© OM » © ($110,000), ©NqNONqOTOx© q h. (X I© I ■ etc. ETC. int. Sisters 260,000 Swedish X©T©O.XN0003®03 © |T -« qqqqq©qx_qNqx ©x©'©"tt©n©'c30x o 1)1 i (Order XXOOONCCCCON 03XOCCC3000X©N t iq n 1 © iO ion © 'N iOXO ' iO Insurance BUILDINGS, Fathers (Academy i®q .iCt© © Mutual Life (l%-3%) mtge. serial bonds due refunding. Price, 100-101 according by B. C. Ziegler & Co. IT© 'NT guaranteed sinking fund 1947. Purpose, refund 10, bank loans, pay ($1,496,000), and 100 ; ■ [TO Oct. due 4 [©© [tt© [dos [® ,XX 6-year Co. ($340,000), Holy Name, New York, N. Y. 1st (Vfe % -3 Vi Vo) bonds, due 1941-1961. funding N®C0 T© due ($4,050,000), Most 300,000 School <N r- - debentures loans Placed privately with Equita¬ Society of the U. S. through Rller notes, notes LAND, IX SI© i 1 '© TP 03 bank retire ' ri-i ; '5, © i **4 i an ($950,000). Refining secured Massachusetts i 1 to & Co. working capital $350,000). Price, par and int. Sold privately to Prudential Insurance Co. of America and i O C3 ■2 © , ' • T NO NXrH 1 '03D4 |T ' ,c£2 1 1 i©03 IOX i® rH 10-year sinking privately Barney 3'/2% 15-year Corp. Purpose, Assurance rH XXH © C© icq 1N 4% Sold Smith, 1 serial NO© 1st mtge refunding. CO. 4.V2% ©NC3NTq*—4©T©XC3 03 © rH X ©© ON QC H4 CO rHpr In X * r* • Corp. through oNqc_q®qo_ct>■ q-< x dxdcdrHicxddd© x © ,OS © ,O C ON i qqoo [t© i Rock Purpose, *$800,000 Panhandle COCOCTOCCCOOS X O-hOCCOCOCXC© rH OS '© r- HM, ,© 1© ,® 'OO IOX IO h* investor. investor X C3© XXX © CONNS o ' ' <l,; 1 COS iOO -lOTOrH© l©©0 iO®© i0:O 10-year additional Placed privately OIL 'NN rH X I o IO I I i ii I; isg ®o iO 4 2V*% Corp. ($11,200,000), Price, par. privately with Metropolitan Life Insurance Co. 1, 5-year 1 Colonial $27,150,000 ,CN |OH tic © by Pittsburgh, and ©'0300*0®x'rHx" [COS XO©OXCn<NrH TNrHOs®©®CsN X 'OS I ' 'NC3-H Trap iqq 'rrT I X©N>OrH ©O ble in o> lO • [TO [©XNrHN 'N I ,T© I I 'ON. I rH I iqq iqqqoq ' I I I I ' Nl> I I I ' Nov. ■ I III I /£© §CC© 'OCO !l 'OO _qgg qSq 'gg ox©o Os Os©© lOXCCO iOOOOO iO lO lO I I 'gg X 'INCX CO© i I I-Thh* ! :gg J CI CO rH Xifxoq ,N;qx os'oxx iOO CO CO lOO i ifNO 'NO® betterments, of MANUFACTURING Machines ($5,800,000). working capital ' 'i i Placed [ n<©03 Bank Indianapolis refunding Purpose, bonds. , »2J ,© AND institutional *5,000,000 Tubizc [ !©©"x J !©c co ONOO I 4Vs%, series investment *250,000 Sonotone Corp. 10-year 4% serial promissory notes. Pur¬ pose, refund preferred stock and prepay purchase money mortgage, etc. ($171,000), working capital ($79,000). rH l of Bank Business institutional 1©rH ©N IO© i I nr • ;; j jo ; i i ©x 8NO il .i>o * N iaxo IN©N IrHlOT I I S gg ! j i ;§ ! [ ! •§ © .rH ©TO IrH I II I I ' I lO lO IO " I I I National First INDUSTRIAL an fund NN NNH rH rH rH ii xn*o xno XrHI^OS XNOOOH>I)ICCO i^i^iooxnn^osr- r-NO for Co. *3,500,000 New York [©C ,rH ' 'rH '■■■-i'&i* Purchased 1,400,000 Keyes Fibre Co., Inc. 1st mtge. sinking fund 4'/a % bonds clue 1956. Purpose, refunding ($1,125,000), pay bank loan and indebtedness of subsidiary, working capital ($275,000). Offered by Coffin & Price, 99'/2 and int. Burr, Inc. 'OrH iO« , 'rHN 'CldrH -.1 nr:;;:;y (O:, X N® !©XO IrHlOCl OOOO H®H OXO HH .XNNCH ,rH© oo with • n '-l [®q [onnhn rH National debentures. . ,OX |P nx ETC. additions, Purpose, int. and Inc., working capital qqqqcNqoq iqq in; [coo [dN*©'dx* [ [©' I WiQO'COS irnq iqqqo^q i o . '©0©"N "iji"© OOOOOOOOO OOOOOrHOOO I 'O IO o i_r I l©N l-^ICOCOrH 8lOO lOHOCO I IX lOO lO© OOO IrH I i I « >©o lOSOSOO ISHOJS ION [conox [dsl rHi)i© NH COPPER, 1952. 1, 103 Va Rainey, Trust I rH OS v-i; x ' J. OTHER l !oV I I I 0©N OI^OS COAL, 'N IX'OCO ,o© , I I , I ©©o I ,X© 1)<© I , ^ p*( I 0©OS Co. March Price, *$17,000,000 International IOO ION ION I ©N rH© 1 1 1 l©03 I |C0X III III 'N rH I I lOO too I • I i I lO I IQOO Ir-IO 'OO 1st mtge. sinking fund Purpose, refunding. Price, to Northwestern Mutual J© 0- i I Co. 1966. privately Purpose, STEEL, Indiana DXHK) rH© iO Water due Sold ... ! [xqqoo ; 1 'ONN'N 1 ©XX due W. iO I I i OO© mtge. Placed Water Co. 33,i% sinking fund notes refunding. Price, 102.90 and int. privately to Northwestern Mutual Life Insurance Co. etc. i0s©00 ir»C OO i©X©0 1 OXO X 1—1 111 i .i '» » 1st York New 1956. IRON, HM 1 < i 1 >"i l/l O rH <M-4 | O York series, *$750,000 Pittsburgh Coke & Iron Co. 1st mtge. bonds, ©rHrHOS O I 3%% purposes. '^x A, I Co. Albans, Vt. corporate $79,577,000 © 1-103 !t-.x Insurance St. Purpose, iq©© ox ,OS© iSR ! |C OH •xq©q • >q J rH0300 Is- ! [o* 'CONNS CO CO i-<© t- i Life Mutual int. and Insurance Sold ICIOO ir^oo- I '© >2 C3rHrH© rHN Ol©© 03rH OOOS OMCI x [o'o'os'o* [oo ©o©o lOO lOO lOO i • ■ i lO lO lOO lOO 1st mtge. 3V3% 20refunding ($203,220), par. Sold privately Price, rH due I Tex. Purpose, ($496,780). D. New 3%% ♦1,400,000 Western O'OO Arthur, bonds. *1,850,000 Southwest Natural Gas Co. 1st mtge. series A 3%% bonds due Sept. 1, 1956. Purpose, refunding. Placed privately. lOO) ION !©•—4 ■!© i© ' ■ OOS^OCO'-'b-OO 1© i 1, privately. IH I—I IUI lO© D< Northwestern bonds, 03 iX Oif03 lO o '• iiit Port *100,000 Public Electric Light Co., 1(35 CO 103-^oxor- >q i ! !q I ! | Co., . I1}4©©©XX liH©©©©0 iO o lO X M I I OOO OOOO OOO lOO lOO o»Hoso-cf©©qq to l<5 1 I TfrHOOCO t-l© rH© ONOOOCIOOO OCO'OOOI-IOOO Oct. account 'S ©<N I I ' I qo-©rH©©u;q© pay ICO • o>oo©©co«5©h-oo ;© >CDtP I aCNt^fNTjicO-cJcoo'iN C3 [q 00 | ; ' • I | OS Gas sinking fund demand notes year no | iS |C0 *700,000 Peoples iO lO , l iO I rrco ii—1>0 ICO© due open Co. ance CO © >H co o oo CO CO >0001 (NO^CO •-< COt^CM bonds pay indebtedness, short term bank loans, etc. ($172,000). Price, par. Sold privately to John Hancock Mutual Life Insur¬ oqqqiq-^cqr^qoq © ioiqoo I •400,000 Newport Gas Light Co. 1st mtge 3'/«^ 1961. Purpose, refunding ($228,000), loo® Jqr^qqqqqq © 00© ocq M0303 pico-^ I 1 HN40 03 rH >P00|O >q co ,o 5©©0©l--©0© i03®0 I©®© < i • i t2fc I© •is ! • X §0 I t lO I I I I I I 03 fDjD I ©X*©" 1^'toooco X > , .O i^wonoN IO o I l i i rHrH OrH© 1093 ci N STOCKS N X OOOO 'MOpOO iC 00*00 TN©t)4 XT©XT xdcox II I I I I 1 I^T I I I I: [x f- ,.X , I I I ,<N I' © ii-i i 1 '03 X 'rH ' 1 1 1 I 1 iO ' ' 1 1 '03 1 IX 1 1 1 1 ' • 'S? 1 ' ' 1 I ' |N iJ2 ,©n;NTN iq 1 'cott© '© 't I© 1 1 1 1 1 I t CO ' ' 1 * 1 * ,© [o3 [ 03 , 1 -VI 'X 1® 1 IQ ONOO t i£j 1 ~ i 1 1 1 I ' 1 i t; 1^5 . © ©xo'o* © rH©©rfi © 06 t nt ferred ONOO n rH 03 n< (Preferred stocks OOOO N © IX ' "!S ! IS s T iXTOO© NX I 10 I i ;o ©© lO I I 1 :s : [coxcodd [t nn 1© 1 I I© oco SX©© iNOOoq lO s uaopop it of stocks TOXT ,©qNqN 'TTT© are bo 11 1 1 1 1 ill 1 18 t«» ill 1 I 'o ' 1 ' 1 1 1 • iZ 1 1 ' 1© ■ 1 O 1 1 1 1 3 I I ' '5 • 1 I l«H I I I 3 1 1 1 ' I I I 1 1 Id 1 • • I© :gSs*si iSpp : 1 iislil if i R i.S 14^ o 1 filial: co• 0 cih "rjia •| ©nc I 1 Su Ct iC I 1 Q I > 1 0 ' ,rf o 5, " . i !• :g ipy HI 1 ,2 Jo 1 ogw u I I I T ii ^©2© -BoS Ir^rO 1 "llllllsll . 1 1 'X ®© value are taken at par, while pre¬ and all classes of common value UTILITIES PUBLIC © Hills | t 1 1 1 1 I I 1 ^ I I 1 p II I ' 0i3 . o© ' I+S-O S c3 H •a |H HJ. .+a©2 i-gT d e3 & cb & Light Co. 7,350 shares of common fl Co., & Co., William R. Staats Co., Straus Co.,' Thrall West Co., Wells-Dickey Co., The Co., Harold E. Wood & Co. and Woodard- Shields Wisconsin |,a 'a Elwood Purpose, purposes. Securities [m & Co.' , , . , ^ ( '© "SSl|a| || :^|| gywS w-S ,-°y HO05 g._§§- ,^-a 0 o $1). (par corporate III 1 Power purchase of properties, general Price, $16.50 per share. Offered by Dillon, Read & Co., Alexander & Co., Inc., AllisonWilliams Co., A. C. Allyn & Co., Inc., Bodell & Co., Inc., Bond & Goodwin, Inc., Central Republic Co., Inc., J. M. Dain & Co., Graham, Parsons & Co., Johnston, Lemon & Co., Kidder, Peabody & Co., Loewi & Co., Laurence M. Marks & Co., The Milwaukee Co., Mitchum, Tully & Co., Piper, Jaffray & Hopwood, Rauscher, Pierce & Co., Inc., Riter & Co., E. H. Rollins & Sons, Inc., L. F. Rothschild 1 | stock 1 1 ,ue|t3 1.5 0 I < 1 1 cd l«M 1 'L ii^i! || i 3JI3P1|«| ' t iS 1 | ci I I III ill 1 i-g 1 CD d | 4 i« ce i 1 be 11C r IS I !„•£ IS li 1 ■111 s.3.1 e ■ •1 u par par . 1 i no computed at their offering prices.) it xdcox stock ,© tO $121,275 Black . stated a of NX rH iXXMOO (STOP© 800,000 Lexington Telephone Co. 8,000 shares of 5.2% cumul. preferred stock (par $100). Purpose, refunding. Price, 106 per share and div. Offered by J. D. Van Hooser & ts'Ut mi r^gS.ogJsS-fi'rl lllfllslsill hl£2ll6§3llaS wl-SSS.P^S^ ' Security Co., Inc., The Bankers Bond Bond and Co., Inc. Co., Almstedt Bros., -and ■.s'1.-.!/'";'"' Kl'f-y " $921,275 Co., Webber & Stone & Co., Hornblower & Weeks, Paine, Co., Arthur Perry & Co., Inc., Bacon, Whipple Hayden, & series ^ Co., Blair, Bonner & Co., Hallgarten & Co., The Illinois Co. of Chicago, Kean, Witter Deane & Scribner, Stifel, Nicolaus & Co., Inc., Farwell, Chapman & Co., First of Michigan Corp., Moore, Leonard & Lynch, F. L. Putnam & Co., Inc., Edw. Lowber Stokes & Co., Thrall West Co., Watling, Lerchen & Co. and Wells-Dickey Co. .... ♦9,000,000 Central Illinois Public Service Co. (2%, 2%% and 3%) unsecured notes, due serially 1942-1951. Purpose, refund¬ ing. Sold privately to National City Bank, N. Y., John Hancock Mutual Life Insurance Co., and Northwestern ' Mutual Life Insurance Co. Gas due Electric & 1949. Sold company. Corp. Purpose, privately coll. repay to trust debentures 3% indebtedness Equitable Life parent Assurance to Society of the U. S. Taylor & Co., Newton, Abbe & Co., Wampler & Co., Inc., G. H. Walker & Co., Dean & Co., Equitable Securities Corp., Gregory & Son, Inc., The Milwaukee Co., Minsch, Monell & Co., Inc., Schwabacher & Co., Sills, Troxell & Minton, Inc., Singer, Stern, , *2,750,000 Derby 2,600,000) Gulf Power Co. 1st mtge. 3'/8% *3,000,000(Purpose, refunding. Price, 103 bonds, due Sept. 1, 1971. and int. as to $2,600,000 to $3,000,000. Offered ($2,600,000) by Corp., Coffin & Burr, Inc., Tucker, Harris, Hall <fc Co., (Inc.), E. W. Clark & Co. and Ward, Sterne, Agee & Leach. The balance ($3,000,000) was sold separately to Equitable Life Assur¬ ance Society of the U. S. 1,867,000) Mississippi Power Co. 1st mtge, bonds, 3J/8% series due *7,060,000(1971. Purpose, refunding. Price, 102.45. Offered ($1,867,000) by Mellon Securities Corp., Kidder, Peabody & Co., Stone & Webster and Blodget, Inc., Shields & Co., East¬ and r . 102.4562 The First Anthony man, & as Boston Co., Dillon & Co. and Central Republic Co. (Inc.) The $7,060,000) was sold to six institutional investors. balance OTHER INDUSTRIAL AND MANUFACTURING Products Corp. 150,000 stock (par 20c per share). Purpose, indebtedness, discharge unpaid portion working capital. Price, $3 per share. naugh, Morgan & Co., Lester & Co. and $450,000 Adel Precision shares of capital to pay off note of Federal taxes, Offered by CavaVan Grant & Co. 11,351,900 Dow Chemical Co. 113,519 shares of common stock (no par). Purpose, payment of bank loans ($5,000,000, caplital additions to plants, etc. Price, $100 per share. Offered to common stockholders. Underwritten by Smith, Barney & Co., Blyth & Co., Inc., Curtiss, House & Co., Dillon, Read & Co., The First Boston Corp., First of Michi¬ Goldman, Sachs & Co., Harriman Ripley & Co., Inc., Janney <& Co., Kuhn, Loeb & Co., Lee Higginson gan Corp., Mellon Inc. Corp., Co., Securities Corp. and 'Morgan Stanley & THE COMMERCIAL & FINANCIAL CHRONICLE 225,425 Hayes ',''1 Manufacturing Corp. 100,189. shares of compion stock (par $2). Purpose, working capital. Price (approximately), $2.25 per share. Taken up by A. W. Porter & Co., Inc., who had options on stock. Not publicly offered. 1,377,000 Victor Chemical (par $5). Works Purpose, shares 54,000 serial bank loan pay ing capital ($627,000). by F. Eberstadt & Co., Price, Inc. $25.50 Government of common stock ($750,000), work¬ shares of Electric Manufacturing & stock common $50). (par disbursements for October, 1941 and 1940, and the four-months of the fiscal details of Government receipts and 1941-42 and 1940-41. years 534,426 general to A. C. Allyn & Co., Inc., J. S. Bache & Co., Bacon, Whipple & Co., Baker, Watts & Co., Baker, Weeks & Harden, BancOhio Securities Co., Bear, Stearns & Co., A. G. Becker & Co., Inc., Biddle, Whelen & Co., Blair & Co., Inc., Blair, Bonner & Co., Blyth & Co., Inc., Bonbright & Co., Inc., Alex. Brown & Sons, H. M. Byllesby & Co., Inc., Central Republic Co. (Inc.), Clark, Dodge & Co., E. W. Clark & Co., Courts & Co., Curtiss, House & Co., Paul H. Davis & Co., Dick & Merle-Smith, Dominick & Dominick, Drexel & Co., Eastman, Dillon & Co., Elkins, Morris & Co., Emanuel & Co., Estabrook & Co., Equitable Securities Corp., Farwell, Chapman & Co., Field, Richards & Co., The First Boston Corp., The First Cleveland Corp., First of Michigan Corp., Robert Garrett & Sons, Glore, Forgan & Co., Glover & MacGregor, Inc., Goldman, Sachs & Co., Graham, Parsons & Co., Grubbs, Scott & Co., Hallgarten & Co., Harriman, Ripley & Co., Inc., Hawley, Shepard & Co., Hayden, Miller & Co., Hayden, Stone & Co., Hemphill, Noyes & Co., J. J. B. Hilliard & Son, Hornblower & Weeks, W. E. Hutton & Co., The Illinois Co. of Chicago, Jackson & Curtis, Janney & Co., Kalman & Co., Inc., Kean, Taylor & Co., Kidder, Peabody & Co., Knight, Dickinson & Co., Ladenburg, Thalmann & Co., Laird & 37,409,820 Westinghouse Receipts and Expenditures Through the courtesy of the Secretary of the Treasury we are enabled to place before our readers today the Offered share. per Tuesday* November 18,; 1941 Co. Purpose, corporate purposes. Price, $70 per share. Offered stockholders and underwritten by Kuhn, Loeb & Co., : e: Month of October: [For footnotes General and Receipts— f Lehman Brothers, Rhoades Marks M. & Co., Mason-Hagan, McDonald-Coolidge rill, Co., Lynch, Carl Adolph Lewisohn & Sons, Mackubin, Legg & Co., Co., & Co.,, & ; Pierce, Fenner Milwaukee Securities Arthur & Co.. & Co., Reinholdt & Humphrey child Co., & Co., Schroder Scott Schoellkopf, Rockefeller & & Stringfellow, Scribner, Hutton Co., Inc., Shields Inc., Sons, & Singer, Total receipts Webster & Blodget, and Inc., & . . and relief)—Departmental I. General (Including recovery 65,330,142 — 57,864,863 . ... f— Forest roads and trails . i. - - - - - - - - - Reconstruction Finance & — National Youth Administration. Corps. Lynch, $100). Pierce, Fenner & of shares 5% Administration------ Publlc Roads Administration Offered Intermediate debentures dated $23,630,000 1; 80,362,936 41,185 —......... above par. fiscal agent. York, - Detroit dated Nov. 1944, 1 Joint of optional 1945, Stock which consolidated 1942, optional farm Bank Land and $1,500,000 loan i by a are ISSUES NOT I $80,000 All American 1 common ! Aviation, Inc. 1, 42,157 138,604 3,437,845 32,963,643 11,518,279 471,508 5,095,777 21,909,797 stock Kobbe, 74,694,492 86,012,270 3,272,597 11,018,304 185/>70,888 9,357,058 185,324,744 2.087,193,990 1,897,265,637 2,573,451,880 386,582,741 149,924,377 1,573,950,017 64,494,603 492,248,613 3,312,386 8,899 1 10,178,874 —— 2,375,145 20,751,226 191,963,830 Price, 2,500 Ltd. $74 shares share. per 1,122,500 Aluminum Co. of Ameriea (no par>. 1, + Securities . stock class 52,393,340 297,356,123 Surplus Marketing Administration (surplus commodity (stamps). Adjusted service certificate fund.. — ......... Government employees' retirement funds (United States share) ■. (no 10,451*883 21,501,348 77,830,000 13,510,000 ... par). by m6,882,418 -——• 102,885^202 — Total expenditures Offered share. by Mellon stock bankers & Light Co. 8,500 shares of 5% cumu¬ stock (par $100). Price, 100 and div. bankers as offered 7,350 shares (new) (see above). (see 7,350 shares (new) Increase ( + ) or stock common stock (no par. blower & Price, Corp. $18 1,243,900 51^537,700 870,240,574 7,135,311.363 3,169,507,345 1,637,332,553 535,738,527 536,982,427 4,694,115,013 1,329,512,822 1,347,248,522 1,637,332,553 535,738,527 4,694,115,013 + 224,547.427 + 23,500,976 —79,655,463 12,000 shares share. per of Offered expenditures ----- > or receipts (< ) 1,861,879,980 — —- -494,934,131 of par). Kodak Price, Co. $137 13,200 per of shares share. stock common Offered by Smith, Gold, Sec. Accounts, Increment on Less reimbursements to general by 150,000 shares of (new) stock. common 8,813,678 32,093,218 87,945 42,329 187,668,344 146,466 43,552,258 73,654,180 77,778 appropriations.c 32,135,547 56,740,73/ 20,970 266,432,537 14,652,098 - Unemployment trust fund—Deposits by States........... Railroad unemployment Insurance account—Deposits by Price 253,379,867 2,406,935 Railroad Retirement Board. share. Per Offered by Hemphill, Noyes & Co., Transter from States (Act June and Transfers Merrill, Lynch, Pierce, Fenner & Beane. Oct. 735,000 Jacobs Aircraft Engine Co. 140,000 shares of capital stock (par $1). Price, $5.25 per share. Offered by Riter & Co. 1,000,000 Marshall stock t . v ■ ' 265,171 Field 10,000 Price, shares $109 of first share. per £lo£e' For§an & Co., Lee, Higginson <fe Corp. Co. Mead Corp. Price, $77/e 32,142 per shares share. of (par $1) • 620,000 Sterling by Price, $4.55 per shares stock Inc. share. 10,000 Smith, 362,700 Timkin Detroit Axle Co. 1,700,650 Union $100). of 68,274 93,410 204,008 56,000,000 30,641,626 j6,882,418 J9.874,104 26.14L.217 77,850,000 T 94,585 49,430,000 69,185,590 205,921,514 29,607 1,894,769 2,607,649 105,057 7,643,695 211,866,630 184,614,865 1,011,046,954 860,342,475 klO.OOO.OOO k5.000,000 165,400,000 8,288,856 4,941,822 31,000,000 32,978,000 31,719,067 265,000,000 38,000,000 41,625,631 119,716,810 .189,768,121 132,500,000 15,501,606 111,000,000 177,580,000 93,978,471 3,608,888 6,000,000 39,672,892 J43,689,202 166,153,949 "bo",025+61 .' bl7,455 1,879. bl8,437,821 b!0,907,253 155,463,135 931,083,640 774,765,040 31,500.000 96,657 — 13,510,000 16,876,467 j Sale of commodity stamps. — ............. — — . Increment resulting from & 11,700 by Smith, ' common stock Co**™6' $31 PCr Share" °ffered by Smith. Pacific RR. Price, $75'/* 22,600 per of common Offered .'-''"V" $11,851,252 ♦Indicates issues placed shares share. privately. stock by Blyth 7;'. & receipts > TY 201,791 9,342,698 ... ExiKudllures— Federal old-age and survivors Insurance trust of of 127,808 — stock capital stock Offered by Merrill, shares reduction In the weight of the gold dollar.. — .. Seigniorage 119,260,368 J32,128,733 180,326,961 Barney common Offered shares . BarLy 3,909,667 33,288 Other trust accounts (no 93,078,471 (Act . i Surplus Marketing Administration—Transfers from general fund by Shields Benefit Products, y (par $10). Price, $62 per share. rLynch, Pierce, Fenner & Beane. ; administration fund — Interest on Investments preferred Offered and common Offered 20,000 Burns & Co. i — - Insurance Railroad retirement account—Transters from general fund Total 91,000 Shatterproof Glass Corp. j., 1940). 25, 1938) unemployment Other funds and accounts- (The) par). I railroad Interest on Investments— Co. & $100). (par from 10, 187,814,810 50,016,143 ' > al96,738,133 9,069,789 - Net receipts 1,050,000 Erie RR. 34,500,153 43,464,313 - Interest on Investments (no 45,673,825 2,209,512 fund—Appropriations fund Barney & Co. ■;/+. ■; 42,967,531,038 ..........——- Federal old-age and survivors Insurance trust common Offered Net 1,808,400 Eastman +29,424,660 1,169,714,581 44,072.940,247 * Receipts— Brothers Stores, Inc. 18,325 shares (par $2). Price, $1714 per share.. Merrill, Lynch, Pierce, Fenner & Beane. 1,140,289,921 44.137,245,619 : Trust stock 4,614,459,550 +8,144,786 < 1,329,512,822 —189,222,901 Horn- Weeks. 316,106 Edison I 4,745,652,713 64,305,372 : public debt at beginning of month or year. public debt this date 559,239,503 375,760,781 + ^ Gross common by 1,644,042,403 —- - decrease (—) in general fund balance Gross Herald-Traveler 6,709,850 — public debt retirements) gold, &c., excesB of expenditures ( + Increase In tbegroBB public debt above). 136,000 Boston 167.975,368 3,151,771,645 17,735,700 Summary & Light Co. 92,650 shares of common Price, $16.50 per share. Offered by same offered 234,074,929 7,083,773,663 2,089,335,707 Excess of expenditures (excluding Trust accounts, increment on Tower as 6,882,418 868,996,674 i.—— (Including public debt retirements)- (excluding public debt retirements).. Excess of expenditures (including public debt retirements) ( $1). (par 9,260,368. *92,715*666 2,082,625,857 .—... Excess of expenditures Total excess of 1,528,725 Black Hills 56,000,000 ml 45,010,000 (excluding public debt retirements)- (sinking fund, Ac.) V. Public debt retirements same stock common 3,909,667 49,430,000 b21,830.101 Corp. Corp. preferred Offered 918,432.388 1)32,281.984 ............«.C,:—-.r-— Subtotal. 850,000 Black Hills Power lative 4.930,931,748 - A by Mellon Securities per 111,222,710 15,774,587 Subtotal 10,000 shares of common stock $112»'« Price capital of Offered 8,899 35,156,173 —T Total expenditures 185,000 Aluminum j & 4,435,962 1 60,646,098 12,108,783 39,110,010 — — - - IV. Transfers to trust accounts, &c.—Railroad retirement account. — ---1 - -----V.—.. Railroad unemployment ksnrance administration fund transfers to unemployment trust fund (Act Oct.-lO, of 1 9,628,416 50,110,757 435,033,921 Credit Administration.: ....j. - - - - -- - - - r Federal Farm Mortgage Corporation (capital stock reduction, Act June 25, 1940). Public Works Administratiim-^:— Price, $4 per share. Offered Co., Inc. and Jenks, Kirkland par). (no Gearhart 275,160 2,076,420 48,234,459 & Co. by 11,455,132 III. Revolving funds (net)—Farm • shares 2,661,112 327,075,145 133,931587 Federal Security Agency.b-.,...... FINANCING 20,000 867,620 110,892,070 569,697,264 Defense aid (lend-lease). 1942. REPRESENTING NEW 31,164,356 19,705,902 71,481,288 . 16.948.241 ....— group Kenower & Co., Inc. and Boettcher & Co. [ 9,725,192 7,467,519 21,179,f00 21,568,671 785,936,068 442,033,577 — — —... — Federal Works Agenoy Purpose, refunding. Price, par. headed by Lee, Higginson Corp. and including Alex. Brown & Sons, Fletcher Trust Co., Miller, Offered bl ,352 94,210,331 25,552,270 162,672,407 38,179.570 29.787,603 74,392,290 59,519,439 1,417,600 434,099,590 bonds l%s due June l'/as due Dec. $332,000,000 are 47,870,807 I ;■ 495,264,159 Subtdtal 1,832,000 Union 4,958,211 — — Selective Service (administrative expenses) 1, 1942 and refunding. Price, by Charles R. Dunn, Offered 18,825.977 - - ————.—....— Uuited States Maritime Commission... Purpose, slight premium New 5/s% Banks 953,717 11,201,596 - - — Subtotal $9,360,000 Apr. due 1942, 2, 35,269,044 181,447,474 1,400,983 II. National Defense (g)—War Department AGENCY ISSUES Credit Nov. Nov. 7.142,600 53,324,997 J ,950,567 National defense funds for the President $32,990,000 Federal 428,560 113,416 Merrill, by Beane. GOVERNMENT 476,983 74.584.539 — ————— — ......... — Navy Department FARM LOAN AND 6,000,000 3,131,524 22,416,127 20,801,317 Veterans' Administration. corporate 32,062,403 2,354,596 1.315 b4,4.'S 4,314,396 -7- — United States Housing Authority.!-. (cumulative) general Purpose, 20,025,233 261,065,329 27,055,392 7,622,979 52,192,862 — -——- - - - Tennessee Valley Authority.— share. per 73*,24()".978 *"*519*286 6,883,137 River and harbor work and flood control— 2,965,806 26,836.260 6,539 277,347,977 116,698 16,893,002 - — .„............------ e 3,855,439 6,068,341 ' 34,799,010 4,843 Social Security Board..................—- -—- Federal Works Agency—Public Buildings 4.725.150 865,004 6,985,054 - "Y. 417^220 Corporation.! Panama Canal 27,000 16,839,723 11,284,514 6,000,000 Co., MISCELLANEOUS $109 23,113,413 2.537,662 74,604.494 ,7,839,705 •— Other.... Inc. 18,760,518 3,055,325 2,488,008 bl 659,978 995,854 —— Railroad Retirement Board (par 1,414,941 1)43,909,393 4,498,094 +•*■* - - Administration.f Federal Security Agency—Civilian Conservation 1)4*3*.208*680 7,232,307 8,178,687 District of Columbia (United States share) Federal Loan Agency—Federal Houslqg s23.519,046 575,603 Department of the Interior (d)—Reclamation projects. Post Office Department (deficiency)...— Treasury Department (d)--Interest on the public debt Refunds of taxes and duties.— — -—-.--.—-—-— :b9*.745*638 I 266,548,959 m288,201,708 1,637,446 2,127,406 - — - c ■«.............. -w. ...... m95,919,951 5,616,005 —-4- Rural Electrification Administration.f 260.844,209 101,316,808 4,534,974 ' ..... 66,283,976 1.414,941 783*059 -------- Farm Tenant Act— Co, Price; 1,822,258,823 1 * * — , ———— — — —— Administration. Farm Security $50,814,145 purposes. 365,351,365 32,093,2)8 I)s4,005*633 " . ———— Works Projects Administration $2,700,000 Safeway Stores, preferred stock 2,009.927,167 187,668,344 j - ,r .... Federal F.arm Mortgage Corporations Federal land banks. Co., & 25,707,463 2,634,224,830 244,560,189 7,398,975 6,103,170 43,464,313 fund.c Department oi Agriculture d—Agricultural adjustment program .... Commodity Credit Corp.—Restoration of capital impairment.... Farm Credit Administrations •— Yarnell and 12,837,122 8,229,251 20,514,293 : : 445,293,304 Public Works Administration, Co., Co., 4.907,642 5,954,163 33,689,f'83 ,38,608,779 1,048,799 488,757,617 ...... .————— Union Securities Corp., G. H. Walker & Wells-Dickey Co., Wertheim & Co., White, Weld & Whiting, Weeks & Stubbs, Inc., Dean Witter & Co. & 1,626,485 100,853,458 Expenditures— Tucker, Inc., Swiss American Corp., Spencer Trask & Co., Anthony 1,880,572 141,408,368 . 2,850,835 12,321,820 ■_ Net receipts. Roths¬ Stroud 563,007,195 1,033,41J,513 al99,152,079 11,966,579 32,534,561 87,168 Deduct—Net appropriation to Federal old age and survivors Insurance trust Smith, Stone 38.678,195 806 8,760,731 Barney & Co., Smith, Moore & Co., William R. Staats Co., Starkweather & Co., Stein Bros. & Boyce, Stern Brothers Co., Stern, Wampler & Co., Inc., 366,039 66,041 2,266,416 — Other miscellaneous M. Deane 12,789,636 29,370,768 • & Pomeroy, Inc., Schwabacher & Co., Co., & 34,500,153 2,746,826 — ....J... v.. Panama Canal tolls, Ac Putnam F. — 990,'566,479 1,112,301,455 253,379,867 Interest—foreign old Igatlons.. Other...— & Co., Mer¬ Turben & L. 45,673,825 2,169,085 1,058,123 8,598 34,039,681 Principal—foreign obiigatlons Mitchum, Rollins employers of 8 or more.. their employees 44,038,561 236,926,433 Miscellaneous receipts—Proceeds of Government-owned securities: Gardner, Riter & Co., The Robinson- H. E. on Taxes upon carriers and Corp., Perry & Co., Inc., R. W. Pressprich & Co., — . Customs. Laurence Merrill, Beane, :. Railroad unemployment insurance contributions Tully & Co., Moore, Leonard & Lynch, F. S. Moselcy & Co., Maynard H. Murch & Co., G. M.-P. Murphy & Co., W. H. Newbold's Sons & Co., Newhard, Cook & Co., Paine, Webber & Co., The — Social security taxes—i-Employment taxes Tax Inc., A. E. Masten Mellon $ 68,307.588 314,085,709 .....—; __..... Miscellaneous internal revenue. ; 1940-41 Special Accounts . Internal revenue—Income tax Langley & Co., Lazard Freres & Co., Lee Higginson Corp., Loeb, 1941-42 1940 Bissell & Meeds, W. W. Lanahan & Co., W. C. Co., Laird, July 1 to Oct. 31 1095 see pnge (par Co., . v '+ >+ ;- fund—Investments.... payments.' -r. —...—;— 59,000,000 Unemployment trust rund—Investments— — State accounts—Withdrawals by States. Transfers to ralhoad unemployment Insurance account (Act June Railroad unemployment insurance account.. 119,408.000 25, 1938)1... 1 ....... — '■ Other funds and accounts— fund (Act of June 21, 1938). Chargeable against increment on gold—Melting losses, Ac Public Works Administration revolving Special deposits (net) Subtotal —— ? i 13,593,237 23,247,610 — Surplus Marketing Adndiilstration—Redemption of commodity stamps.I — . Other trust accounts ' 1—. To",026*221 33,804,089 Railroad retirement aecount—Investments. Benefit payments...... 21,654,990 • 305,250 —... — bl — — —— 50,016,143 972,633 615+87 '21,000,000 10,595,759 - 164,885,185 1— •V 96,243,000 *2*, 084*402 b4,013,775 1,060 Volume Number 4008 154 THE COMMERCIAL & FINANCIAL CHRONICLE GOVERNMENT RECEIPTS AND 1095 EXPENDITURES—(Concluded) M0~>ih of Octal, er Preliminary Debt Statement of the July 1 to Oct. 31 United States Oct. 31, 1941 Expenditures (Concluded)— s::,, ..y. The Transactions la checking accounts of governmental agencies, A-c. (net): Sales and redcin;)tlons of obligation* In market (net): United ' Guaranteed by the United States: of Commoulty Credit Corporation Federal Housing Admlnlstratio i. Home Owners' Loan b289,458,000 T k'^AR Corporation. :e 3% Panama Canal ban of 1961 3% Co ver Ion bonds of 1946. 3% Conver ion bonds of 1947 2 Yi.% Postal savings bonds (22d to 49th series) Ann United States Hou, in; Authority Federal Farm . States Oct. 31, 1941, as made up on the daily Treasury statement, is as follows: the Mortgage Corporation.... $19,800,000.00 15,751,000.0,) 13,133,500.00 117,352,100.00 8190,016,000.00 Not guaranteed by the United States: Home Owners' Loan bonds: Corporation of 1947-52...... Federal home loan banks.... . of Electric Home and Farm Authority........... Federal Housi.ig Reconstruction % of 1943-45.......-.'....... % of 1944-46............ Finance of 1946-48 Corporation.n... Other........tt... Subtotal. Total expenditures. ....• 2H% of 1456-59 2Vi% of 1949-53... Federal old-age and survivors Insurance trust rund.. Unemployment trust fund........i4.. .1 Surplus Marketing Administration . Other trust accounts f + 7,699,898 I6.'l53!,393 li.l * , Other funds and accounts. . + 14,173,013 + 24,464,457 Transactions in check! lg accounts of vovernrnental agencies, &c. (net) 7.'. . - Sales and redemptions of obligations in market (net).:;. Other transactions (net)..I.. ! 'Total..:............ :: .'..'I Public a. .. 111-.. 901 of 1960-65....... of 1947 .... ..... of 1948-50 (Deo., 1939).. of 1951-53 of 1954-56.. ; of 1953-55 of 1948-50 (Mar., 1941) of 1952-54 ..... of 1956-58 ..... of 1967-72 31,759,318,050.00 Series A-1935 1,808,142,000 Series C-1938.. 1 Series D-1939...::: Treasury notes (tax series) Treasury bonds Series D-1940. 680,692,350 United States savings bonds, (including unclassified sales) Series D-1941 Series E-1941... Depositary bonds. Series F-1941... Series G-1941 Subtotal.... U nclossified sales .....y Adjusted service bonds.. f 974,700 Exchanges—Treasury notes v. Treasury bonds...... , :; f Issues—Adjusted service certificate fund (certificates). Subtotal........... 700 Federal old-age and survivors Insurance trust fund (notes) RaiiroAd retirement account (notes).:... 59.000.000 6,000,000 89,010,000 Civil service retirement fund (notes).. Foreign service retirement fund (notes). , 830,000 Canal Zdne retirement fund (notes) Alaska Railroad retirement fund (notes). r ,164,000 5,000 , (.■ Postal Savings System (notes)...1....... Government life insurance fund (notes).... ; National Service life insurance fund (notes)... Federal Deposit Insurance Corporation (notes)....- ,V Total public debt Dec. 15, receipts. Treasury notes.......:.. 4,380,450 Treasury notes (tax series) 1,399 9,835,950 First Liberty bonds.. 411,250 588,100 Fourtli Liberty bonds ;>,] * Postal Havings bonds. National bank notes v/ ■■ 815,650 72,000 75,436 126,475 4,906,180 a 6,278.655 Subtotal.:.;:..:, " ;' ' Hi., ' Exchanges—Treasury notes 1,872.425.759 - Treasury bonds. ; . 504,650 59,480 Other debt items..' ' -. 762.800 Civil service retirement fund (notes). ,000 26,500,000 87900,666 . Foreign Service retirement fund (notes) Canal Zone retirement fund 46,000 (notes).;. 100,000 Alaska Railroad retirement fund (notes) Postal Savings System (notes). .... Government life Insurance fund (notes)... Federal Deposit Insurance Corporation (notes) maturing Aug. 1, 32,508,875.00 1,785,099,300.00 1.817.608,175.00 Treasury bills (maturity value) Special Issues—Roads— .000 . .. , June 30, 1942 to 1944 $1,010,900,000.00 24% Federal old-age and survivors Insur-,; t ance trust fund series, maturing June 30, 1944 to 1946.:.. 1,323,100,000.00 2*4% Feileral old-age and survivors insur¬ fund series, maturing Ju;e 30, 1946. — ing June 30, 1942 to 1946 Civil service retirement fund: 4% series, maturing June 30, 1942 to 1946.. 3% series, maturing June 30, 1944 to 1946.. 4% Foreign Service retirement fund series, ma¬ 4% Canal Zone retirement fund series, matur¬ ing June 30, 1942 tp 1946 4% Alaska Railroad retirement fund series, maturl ig June 30, 1942 to 1946 2% Postal Savings System series, maturing —727,295,550 17,259,000.00 3% National Service life Insurance fund series, 2% FeJerdl Deposit Insurance 7,500.000.00 Corporation 75,436 —126,475 <: Subtotal. A Special Issues..... ,.7v;|l, ,v,j" ■ •• : + 4,622,604,335 . > ^ .• v.: a Includes the amount of $2,413,946.05, representing receipts from "Social Security taXes-^Employmeiit iaxps'' collected prjor to July4,940, ;mid which ate not avail¬ able lor appropriation to Federal nl+age ,»ud ;\,Vb Excess ol credits (deduct). Represents appropriations -J yj; equal; to j This amount Is revised on the last day of the month to adjust for changes in made beginning Sept. 30, 1941, on account of the sale and recempMon.pf commodity stamps issued by the Surplus Market ing Administration. • classification which survivors (.isurapce tr.ust lutid,;j,; vSoolal r.', '■ >-: Security—Employment f- , , expenses.*,Such net amount Is reflected as net appropriatiCiia to the Federal old-age and survivors Insurance trust fund;• ■ « . - , expenditures are Included in "Departmental" above. are f Additional transactions are Included under "Transactions in checking accounts J. above.;t, '; h ties Expeuditiires In fiscal are Included In: year 1941 from appropriations fl+ • I Expenditures in fiscal year 1941 Irora appropriauo;; activities are Included under "National defense funds » mental,'' and "Panama Caoal,"above'.- Which Interest Has Ceased— 354%, 4%. and 44% First S3.73S.050.26 •'■j' 31,560.00 -L - Liberty: Loan bonds of 1932-47............. 1927-42..... ■7;7 ^ 7+ - /■•' Reserve Company, ; - ' 7 7 Defense ! y .• .77 j. - 8,411.000.00 . . 1,095,400.00 ........... Plant Corporation, s and .• : + - v . •./. ^Old-age Supplies reserve Reflects credit of 815,000,000 to adjust classification See note Counter entry (deduct). " s. .-.j.*; y"w,r Treasury savings certificates....;........... 179,498,410.26 v \ . United States notes. $346,681,016.00 156,039,430.93 1941 but not appropriated $190,641,585.07 Deposits for retirement of National bank and Federal Reserve bank notes. on account of purchase o* capital stock dI Production Credit Corporations chargeable to Farm Credit Ad¬ ministration revolving fund in sec. Ill, above. X Treasury bills, National defense series Lees gold reserve.... . year 557,200.00 series Treasury bills, regular series................ Debt Bearing No Interest—; Includes transactions formerly classified under the caption . Defense reg. Ctfs. of indebtedness, at various interest rates. .• ? r Represents capital impairment applicable to fiscal by Congress until July 3, 1941. defense V \ on (excluding Postal Savings bonds) 2 54% Postal Savings bonds.;. 31,535,200.00 3,151,550.00 74,385,000,00 19,597,000.00 168.750.00 -'resident,'!, "Depart¬ ,'y vy.»\ Matured Debt Old debt matured—Issued prior to April 1,1917 20,586,850.00 aoeount."y . national $53,040,415,589.63 interest-bearing debt outstanding Treasury notes, at various int. rates, See note j. v ' 74,000.000.00 r, 2,556,550,000.00 Total Treasury bonds, at various interest rates..— p group 1, above. from 2,464,000,000 00 ma¬ 1,7,58,650.00 11,479,200.00 Corporation. national defense acMvI-. Vpther" Under "Federal Security Acer ni-" jn ma¬ Unemployment trust fund series, turing June 30, 1942 454% Third Liberty Loan bonds of 1928. 454% Fourth Liberty Loan bonds of 1933-38. 3Ji% and 44% Victory notes of 1922-23.... Rubber v.; ;r* ! fi Additional expenditures attributable to national defense, payable from funds which have supplemented regular appropriations of the civil establishment, are Included under general expeadltures in group 1, above. ,x ' ; ,. 818,550,000.00 —.. Unemployment trust fund series, turing June 30. 1942 2?H% 4% and 454% Second Liberty Loan bonds of l.i n Includes transactions on account of RFC Mortgage Company, Disaster Loan Corporation, Federal National Mortgage Association, Metals Reserve Company lacldded In revolving funds, stated separately below. of governmental agencies, Ac. (net;" were k Excess of redemptions (deduct). * Additional transactions 24% IThls amount is revised on the la9t day of the month to adjust for changes in classification which were made beginning Aug 30. 1941, In order to Include the expenditures of the! United States Maritime Commission as "National defense " m d Additional fund series, which were-formerly classified as "Departmental." taxes" collected and deposited as provided*under Sec. 201-(d> of the Social, Security Act amendments ol 193.) Ie3« reimbarsements. to the general land lor administrative e 5.050,000.00 +843,081,581 + 1,169,714,581 ... r •> '.. c —6,278,655 + 326.633,000 i; •;: Total I'.' s,: 100,000,000.00 .... 3,607,023,000.00 Certificates of Indebtedness— 4% adjusted service certificate maturing Jan. 1,1942.. + 1,555,019,861 Other debt itenis-.;.._.';.l.:J—.... ;iNational bank notes and Federal Reserve bank notes. ,, 1,215.000.00 63,000,000.00 and 1944 poration series, maturing June 30, 1945 Bonds.. ( 6,624.000.00 2% Federal Savings and Loan Insurance Cor¬ +21,774,000 —11,600 Treasury not^......:;:i: Treasury notes (tax series)..y.ry. .::i 933,000.00 5,442,000.GO turing June 30, 1942 to 1946 maturing June 30, 1945 and 1946 1,169,714,581 Certificates of indebtedness.;.. J >' 742,100,000.00 turing June 30, 1945 and 1946 2,713,412,459 Public issues—Treasury bills.. r., 112,000.000.00 T- 2% Government life insurance fund series, ma¬ . Increase (+) or decrease (—) In the gross J 207,000.000.00 - series, maturing Dec. 1, 1944 and 1945 • 500,157,956.40 special Issues—Treasury Notes— survivors insur'ce trust fund: 3% old-age reserve account series, maturing Fed. old-age and ...... ... Total public debt expenditures. Excess or receipts. Excess of expenditures. ;.\v 7,327.103 975.00 1,401,367 000.00 ........... . i4% adjusted service bonds (Govt, life Ins. fund, series 1940).. June 30, 1943 1,Subtotal : ; 3% railroad retirement account series, matur¬ 1,000,000 Federal ol 1-age and survivors insurance trust rund (notes), p Railroad retirement account (notes)... ' 718,012 200.00 1, 1943 700 Unemployment trust rund (certi.'lcutos).. , 515,210 400.00 283,008 000.00 530,838,700.00 maturing Aug. ance trust ... J3|>eclal Issues—Adjusted service certificate fund (certificates) .., B-1943, 677,900 Subtotal... '1 65,983 700.00 415,519 000.00 46,376,720 Adjusted service bonds.. ! ,'.y 1943 17,655*600 United States savings bonds ; '279,473 800.00 + 165,903,100.00 A-1943, 11,600 Treasury bonds.......... , 200.00 629,113 900.00 420,971 500.00 Tax series: 1,786,368,000 ' ' 232,375 . $635,064,400.00 1945.. 3,883,427.040 Certtiicates of indebtedness. v $15,451 200.00 426,319 ,500.00 312.143 300.00 $4,343,592,700.00 Sept. 15, 1944 Expenditures— • 15, 1941.. 15, 1942.. 15,1942;. 15,1942.. 15, 1943. 15,1943.. 15, 1943.. 15, 1943.. 15,1944.. 15,1944.. 15, 1944.. 15,1945.. H% series B-1945, maturing Public Issues—Cash—Treasury bills.. ,, 114% series C-1941, maturing Dec. *4% series A-1942, maturing Mar. series B-1942, maturing Sept. series C-1942, maturing Dec. series A-1943, maturing June series B-1943, maturing Dec. series C-1943, maturing Sept. series D-1943, maturing Mar. series A-1944, maturing June series B-1944, maturing Mar. series C-1944, maturing Sept. series A-1945, maturing Mar. 2% 1*4% I >4% 14% 1% %% H% 1% l%i *4% 4% series D-1944, maturing Subtotal • 5,393,905,608.23 60.851,000.00 37.645,213,658.23 ........ National Defense Series—■ Federal Savings and Loan Insurance Corporation (notes) v . 235.031.900.00 7----- Total 1 Unemployment trust fund (certificates).. ,fV- ... Treasury Notes—regular series— special I. (r.... 2% depositary bonds 3% adjusted service bonds of 1945— 72+6771900 I 'I /''. . $171,221,103.00 .311,321,949.50 401.753,638.25 487,411,618.00 804,377,314.75 999,099,603.25 417.149,212.50 577,851,531.25 155,309,720.00 921.683,100.00 ,110.777,684.73 7■ Series C-1937: ■£% Treasury notes.......... 1,; 918,730,600.00 1,185.811,200.00 1,485,381,600.00 701.072,900.00 571.431,150.00 1,118,051,100 00 630,692,350.00 721,677,900.00 1.115,368,100.00 1,023.588,350.00 1,418,717,650.00 1,590.793,800.00 of 1950-52 Series B-1936 % -: 2\i% 2*4% 2% 2% 2*% 2VX% 2% 2% 2H% 2V*% 2^% UnPed States Savings bonis: * Debt Accounts Receipts— • Public Issues—Gash—Treasury bills.. > 450,973,400,00 2*4% of 1958-63 Railroad retirement account.:.. / ...... 2V^% of 1945 2ti% of 1948.-..:;.. ^.1.. Summary Excess of receipts ( + ) or expenditures (—): • 1 .... %% of 1945-47... 2H% of 1918-51. 2Vt% of 1951-54... Excess of receipts...v.. Excess o f expenditures...... . .... .... % of 1949-52. % of 1955-60..... United States Housing Authority y 818,627,000.00 755,432,000.00 1,400.528,250.00 1.5.8,737,650.00 1,035,873,400.00 491,375,100.00 2,611,0)2,150.00 1,214,428,950.00 1,223,495,850.00 1.826,687.150.00 981.826,550.00 1,786,129,150.00 510.843,550.00 .... of 1951-55...... Administration....;........ Home Owners' Loan Corporation.......... Rural Electrification Administration...... , 1946-56......:.... of 1946-49....... Export-Import Rank of Washington. •.> 1,036,692,400.00 489,080,100.09 451.135,200.00 ... of 1943-47.. Other transactions (net)~Commoolty Credit Corporation • $758,945,800.00 ..... of 1944-54... Federal land banks..... , basis ''ubllc Issues—Bonds— 1,186.250 11,908,825 Corporation.... Reconstruction Fi. an preliminary statement of the public debt of the .... ... Old demand notes and fractional currency..;. Thrift and Treasury savings stamps......... ■ 167,703,624.50 2.023,952.37 3.761,709.25 . - 364.133,871.19 Total gross ♦ debt..v$53.584.047,871. Series G is stated at par; all others are stated at current redemption valu|ec. THE COMMERCIAL & FINANCIAL 1096 Monthly Report on Governmental Corporations and Credit CHRONICLE Treasury Cash and Current Liabilities Agencies of the Treasury Department, showing Real Estate GOLD Government and Other and Other Receivables Business Preferred United e Securities States Cash Capital Guaranteed Securities AND LIABILITIES CURRENT ASSETS Due from Accounts All Other Other f , by U. S. .......$22,799 ,484,177.815 Liabilities— Total Treasury)........... $2,877, 060,769.01) Federal Reserve 17,741, 587,510.8ft Redemption fund—Federal Reserve notes............ 14, 553,803.35 Gold certUlcates—Outstanding (outside of and certificate Gold Agencies 122,799.484,177.8(1 Total Corporations Property the items as Gold (o*. 651.413,833.7) Investments Stock, lie. Government 31, 1941, are set out in the following. The figures are taken entirely from the daily statements of the United States Treasury Oct. 31. Asse/s loans holdings of the Oct. stood AGENCIES OF THE OF ASSETS AND LIABILITIES OF GOVERNMENTAL CORPORATIONS AND CREDIT COMPILED FROM LATEST REPORTS RECEIVED BY THE TREASURY*—SEPT. 30, 1941 SUMMARY (d) OF COMBINED STATEMENT UNITED STATES, cash The assets and liabilities as of Sept. 30,1941, of govern¬ mental corporations and credit agencies, financed wholly or in part by the United States, was contained in the Department's "Daily Statement" for Oct. 31, 1941, ! :'•> vAs now computed, the Federal Government's proprietary interest in these agencies and corporations, as of Sept. 30, was $3,418,372,338, and that privately owned was $426,993,980. ,; , The monthly report Tuesday, November 18, 1941 s fund—Board of Governors, System.:. ... $ $ 1,232,670.761 407,185.335 £10,779,008 18.752,921 172,439.493 Commodity Credit Corp... 1,131,980 140,713.695 Export-Import Bk. of Wash 6,013,113 Federal Crop Insur. Corp./ 20,741,772 61,254", 362 Federal Deposit Ins. Corp. 47,543,021 Tenn. Vallqy Authority... Reconstruction Fin. Corp.. 8,300,000 £25.624,282 50,674,400 hl78695391 Maritime Conun' . Electrification Adm. Loan Corp. 1,824,671,566 1174525,360 183,031,244 Federal Savings & Loan 1,501, 371 Insurance Corporation... 48,303, 382 178,190,817 Federal Home I.oan Banks. 16,990, 471 Federal Housing Admin... U. 8. Rural Authority... Farm Credit Admin U. 8. Housing Corp. Federal Farm Mtge. 200,168 962 j 331,852 100 •257,562 805 616.039 834 11,643, 451 44,206,750 .765,484 1,239,202 26,580 ,619,103 532,511 127,388,066 166,923 12,670,400 ,866,969 10.180,613 ,085,970 59454 161,779 63 569,419 43,158 18,826,721 19,734 " 500,723 15,220, 911 Total..... 1,463, ,310,805 2,243, 718,351 333, 590,343 16,592 4,065 22, 578,040 106,402 ; * 2,755 h4,646,944 4,987 19,682 Sliver In general 469,780,499 3,300,606 1,314,974 4,833", 892 22,501,697 18.821.503 14,175,251 560.014 ■ • RFC Mortgage Co 2,000,000 295,501 680,058 40,757,330 179,123 6,854", 263 2,006,764 2.693,739 2,133,541 1,219,600 "1*127 hi,676,990 439,200 21,283",800 55,900,536 7,618,703 Deposits.In: To credit of ; Board of trustees, Other or In¬ 1,665,443,575 8,197,960,515 604.251,985 523,183,161 845.573,844 Not Guaranteed by United- Proprietary Interest United Slates Distribution of U. S. Interests 2,107,370,414 £428,144,397 908,040,154 167,719,733 Liabilities Commodity Credit Corp... 28,075,695 United Capital Slock Surplus 100.880,114 Export-Import Lk. of Wash. Federal Crop Insur. Corp.. 229,616 2.372,687 294,656,008 289.299,557 Tenn. Valley Authority.... 20,798,865 77,660,392 186,551,312 186 531,312 2,372,687 294,656,008 360.897,757 229,616 56,861,527 . 400",006^566 V- ""*4*381 209,394,026 Rural Electrification Adm.. Home Owners' Loan Corp.. 2,436,757,588 53*.239",747 139,299,557 400,010,947 209,394,026 2,489,997,335 Federal Home Loan banks. 17,844,193 Federal Housing Admin — 1.395,963 102,410,355 6,803,813 89,997,147 1 200,000,000 c96,532,215 100.000.000 124,741.000 : under the President's proclamation a68,286 572 186 ,809,976 10,060 000 9,839,985 340 ,904,243 138,584,111 138,584,111 1,000 000 137,584,111 arc revised by the Treasury Department to adjust for certain therefore may not agree exactly with statements Issued by 108,057,215 b6,992,036 79,420,647 1,807,243,774 1,651.801 933,216 Fed. Interm. Credit banks. 248.229,215 19,734 248, 248,949 Banks for Cooperatives.... 2,088,734 18,826,721 185,184,904 20, 915,455 220 838,419 1,363 310,805 60,443,904 Production credit corp'ns... 399,269 399,269 Regional agric. credit corps. War emergency corp ns & 1,141,426 1, 141,426 21,436,614 1,808 ,177,050 124,741,000 62,583,165 5",228",390 100,000 000 67,517,085 60,000 000 146,002,087 25,341,394 103,000 000 20,345,420 120,000 000 0,143,826 5,000,000 16,436,014 b Excess interagency assets hi",637,003 d The total assets agency agencies (UUlquidn) : 4,378,721 >4,378,721 63,981 a63,981 1,858,792 305,625 22,426,152 34,069,548 (U. S. 63,981 1,858,792 Admin.)..'. Corpt 350,000 305,625 75,545 /.!*•; 75,545 22,426,152 17,540,403 29,191.204 17,510,403 350,000 Other: Disaster Loan Corp.. El. I-lome & Farm Auth.. Admin 102,107",489 ; 131,298,093 540,314 540,314 Fed. Prison Indus., Inc.. . > 1,281,100 384,676,911 10,358,696 2,815,428 1,232",669 Nat. Defense corp'ns. r... 26,280,660 2,556,845 Panama RR. Co. t...... 1,232,669 510,200,926 499,701 24,226,393 536,481,586 37,677,774 52,843,990 7,618,703 3,056,546 Puer. Rico Recon Adm. 2,228" 640 RFC Mortgage-Co- 850,000 431,100 8384,676,911 (Indian 53,264,319 55,392,959 25,368,561 293,377 Tenn.Val Asso.Coop ,Inc. 2,815,428 24,226.393 37,677,774 savings and loan associations, bl ,543 Fed. savs. 52,843,990 7,000,000 7,618,703 >7,018,703 25,368,561 293,377 25,000,000 1,000 510,200,926 b2,194,038 27,546,311 21,283,800 27,546,311 21,283,800 308", 561 of Rev. Int. 53,264*,319 k Excluded are the in from 60,166 860,166 n other 2,101,000 2,101,000 ernmental tions p a2,101,000 q or gov¬ r corpora¬ 165,771,281 agencies 165,771,281 8165,771,281 23,642,935 23,642,935 bl65,771,281 to other mental agencies 823,642,935 or 23,642,935 .... Interagency 23,642,935 6,978,885,194 4,012,995,201 1,210,702,575 12,202,582,970 4,300,107,318 Subtotal. 426,993,980 3,873,113,338 3,301,588,314 23,642,935 s Authority, $108,000,000. and liabilities of the Treasury Department and this statement. holdings of capital stock and paid In surplus items not deducted from the capital stock and paid-in surplus of the corre¬ organizations." Includes cash in trust funds. Includes accrued interest. , . ' . ^ '."2 :: Rubber Reserve Company, Defense Plan¬ Supplies Corporation and Defense Homes Corporation, Includes Metals Reserve Company, capital stock Includes and paid-in surplus of Government corporations and 1,210,702,575 6,978,885,194 4,012.995,201 1,210,702.575 454,741,000 0 10.991.880,395 3.845.366,318 ;V agencies/. t Figures shown are as 571,525,024 m454,741,000 available. x In¬ terests incl. above... Total... are by the Secretary govern¬ corp'ns "" Less: additional Tennessee Valley liabilities: agencies, which agencies are not included In ning Corporation and Defense u. Due on being financed by following amounts In bonds and notes held which are shown as interagency Represents Interagency sponding the RFC Act Feb.24,1938 from Treasury, Represents Interagency assets which set Interagency items: m Due the m 825,212,578 60,166 to disburse $213,675,000 to $280,301,700 now authorities. Authority, $56,772,500: U. S. Housing Bur tlement of tax liab's.. ree'd 25,212,578 amounting commitments securities issued by local housing 292,377 a27.546.311 21,283,800 25,212,578 - Securs. contract " of Government (Transporta¬ tions Act, 1920) by loan commitments amounting to $451,393,000. has also agreed Authority Housing of A loan assns. ree'd Sept. 30, 1941, against loan contract The As of Sept. 30, 1941, the United State1* definite contracts calling for maximum advances Advances have been made In the amount of $329,807,100, as $731,694,700. of 12,226,393 .7,077,774 45,843,990 RR. loans Securs. loan associations, $36,193,010: shares of Federal Housing Authority had entered Into Res bks. for Indus, loans. Fed. the RFC and accrued interest thereon. $138,332,350. commitments. j Also excludes contract 87,932,238 6,245,310 Treasury Department: Advances to and other property held for sale. 1 Shares of State building and 350,000 82,815,428 12,000.000 30,000,000 other Government corporations appropriated funds, of ... Inl'd Waterways Corp.t. 205,025 cl,573,848 a4,113,380 . Adjusted for Interagency items and items in transit, h Also Includes deposits with c32,210,756 100,000 10.358.6S6 -. and liabilities for each corporation and agency will include Inter¬ Excludes unexpended balances of £ 24,000,000 1,281.100 384,676,911 .. items, 1, c., the amounts due to and due from f Also Includes real estate 4,378,721 plus war supplies) . and agencies. e Navy Dept. (sale of sur¬ (deduct). Deficit (deduct). c 1)18,806,987 18,806,987 proprietary interests), Non-stock (orincludes non-stock a a62,583,165 213,519,172 85,341,394 123,345,420 126,143,826 21,436,614 222,022,129 ///' respective agencies. the 100,000,000 62.583,165 100,000,000 435,541.301 85,341,394 128,573,810 126,143,826 Dept. These reports 90.812,829 Federal land banks.x...... U. S. Spruce Prod. Corp.t disbursing officers and certain agencies today $5,312i274,519.29. Interagency items and 68,286,572 19,839,085 Federal Farm Mtge. Corp.. 1,282.238,357 220,838,419 dated Aug. 9, 1934. Note 2—The amount to the credit of was hlOO.OOO.OOO 68,286,572 19,839,185 6,212,540 Farm Credit Admin of silver acquired under the Sliver Purchase Act of 1934 and cates Issued on account 30,825,743 130,825,743 24 ,648,006 96,812,829 108,057,215 the difference between the cost value bullion revalued and held to secure the silver certifi¬ 195.493,582 ,395,963 102 ,410,355 226,634,488 k 130,825,743 September,-1941«3: v at tbe close of the month of Note 1—This lf»m of seigniorage represents 55",853,311 blO,147,383 $2,851,753,972.29 - weight of this Item of silver bullion Is computed on the basis of the average and the monetary value of silver * Corporation The V- $2,641,318,847.88 ' ; Total—; » bl299594,894 150,000 000 103,467,785 Federal Savings & Loan In¬ U. S. Housing Authority... _/ (Net) "blO, 177 14,000,000 150,000,000 360,897,757 a360,897,757 884,213,563 84,213,563 195,537,726 8195,537,726 119,791,573 8119,791,573 84,213,563 195,537,726 119,791,573 103,467,785 Public Works Admin Maritime Comm'u.. 14,01.0,000 14 020,COO $143,276,052.96 613,020,631.07 Working balanw;.v..; 1,885,021,263.85 United Stales cost* per ounce 100 880,114 59,300,000.0ft 25,710,493.03 103,228,098.34 10.351,881.44 $210,435,124.41 gold (as above) Seigniorage (silver, see note 1) $ 325,000 000 £223.000 880, 100,000,000 11,551, 175,000.000 548,600,101 . ..... ...- " States 548,600,101 2,563,590,506 1,075.759,887 Federal Deposit Ins. Corp.. loans)..- :. — Balance today -Increment on Interests Owned by Privately Oumett S Interlor deposits^... Uncollected items, exchanges, etc Interagency Assets Cher Total Corp'ns and Agencies 1,665,443,575 0 14.837,246,713 122,003,728 889,136,545 759,258.885 671,232,949 2224,645,101 Due to , Guaranteed by Govt. States q Federal Nat. Mtge. Assn 7,333,939.31 Postal Savings System—5% reserve, lawful Postmasters, clerks of courts, disbursing officers, etc Reconstruction Fin. Corp. $4,509,812.29 Deposits of Government officers—Post Office Department money incl. above.. Farm Security 31,636.25 $2,851,753,972.29 Total....................... • r Liabilities: ' ,' r outstanding.........i.-j.................. 165.771,281 671,232,949 2224,645,101 1,665,443,575 16,602,690,288 8,197,960,515 604,251,985 523,183,161 845,573,844 122,003,728 889,136,545 759,258,885 Sec. of the Treas. 288,050.37 .... Treasurer's checks 165,771,281 Excess of RR. 100,000.0ft To credit of other Government offleers....... • — U.S. Housing 73,035^219.87 of Treasurer United States credit To credit of Treasurer United States... 2,101,000 Liabilities and Reserves surance 66,183,016.96 Philippine treasury: - Total..... U. 8. Treasurer United States credit of other Government officers Foreign depositaries: govern¬ Interagency terests 998,419,541.04 .. Subtotal Less: 536*499.00 15,959,818.79 r 784,27o!o00.0ft : gov¬ corp'ns mental agencies ; • Special depositaries account of sales of Government securities. depositaries: - 60,166 60,166 corpora¬ other to ■ National and other bank To 2,101,000 tions or agencies. Due 15,428,050.0ft ... Unclassified—Collections, etc. Bur. other • noteB...191,133.50 National bank notes....................... interagency items: m from 3,011,828.0ft Federal Reserve notes Federal Reserve bank To from the Act of ernmental 1,664.0ft - United States notes.^. 25,212,578 25,212,578 . Feb. 24.1938 Due 7,557,940.15 661,908,455,17 2.195,343.20 Federal Reserve banks under RFC 12,395,112.22 ..... Minor coin............... 21,283,800 tlement of tax liab's. Securs. ree'd '■ Ateostvalue (oz. 1,351,523.134,6) *.........v.....;....... 27,546,311 27,546,311 in set¬ of Int. Rev. ■ Subsidiary coin (oz. 5,467,225.0). 293,377 RR. loans (Transporta¬ ; ■ •« ■ above>.M.-.i...$210,242,663.77 Bullion—At recolnage value (oz. 1,203.7).. 80.861,520 2,189 4,721 33,825 252,642 banks for Indus. loansFed. savs. & loan assns. ; $1,953,049,051.22 • 25,459,062 Associated Cooperatives, Inc. t_._ Treasury Department: Advances to Fed. Res. by 1,159,172.0ft 12,395,112,22 - 574,159,360 19,929,190 3,994 571,720 3,688.614 9,294,785 4,265,562 69,883,176 Recon. Adm.. 49,464 447,226,294 hi14998068 802,187 12,163 11,918,841 Nat. Defense corp'ns. r.. ree'd $1,939,494,767.0ft fund....i. Silver—At monetary value (as above)... 2,815,428 417,887 Corp.t. A ssets—• Gold (as 10,899,010 1,450,138 (Indian 2,815,428 Securs. iv - • 'Total;'. 515,975,604 37,792 Admin... 1,543 132,415 14,869 31.459,840 tion Act, 1920). : GENERAL FUND 1,000 359,666 Valley ' 655,625 17,716,351 Panama RR. Co.t Tenn. 487,415.444,0ft $1,953,049,051.22 ............i Treasury notes of 1890 outstanding...........' 1,858.792 2,700 54,312 18,387,951 loans). Puer. Rico $1,465,633,607,22 376,985,382.4h...;.....^...r.i-.., Total .-.v;.......i.i y 63,981 43,324 422,790 123,678 Corp..... Auth_. Fed. Prison Indus., Inc.. /'• •' - (oz, 1,133,575,993.0) Silver dollars (oz. 4,378,721 1,234,282 567,498 Corp. t Inl'd Waterways " Assets— Silver 149, 489,265 " ' .$22,799,484,177/86 SILVER 126, 543,095 4,378,721 El. Home & Farm 1 „„ Liabilities— Corp..t... Dept. $210,242,663.77 ' Silver ccrti.lcates outstanding Other: Interior 66 965,710.81 * ' v - RR. Admin.)... F'arm Security ; 488,354 283, 421,584 70,435,004 58,017 292,460 41,708 23,862 5,755,089 .464,370 12 ,015,429 plus war supplies) Sec. of the Treas. (U. 8. Disaster Loan In working balance.. * 479 3,288,804 7,925,312 ■ t _ dollar.^.'143, 270,952.96 the gold 206 ,649,961 3,921", 89 i • - ' 92, ,934,578 1,262,116 """220 agencies (in liquid'n): of sur¬ U. 8. Housing . ... ,, Balance of Increment resulting from reduction In the weight of 132 ,221,706 ,326,591 7,712,178 Gold In general fund: 287, ,595,259 127,608 542,620 $22,589, 241.514.0ft , 2,593,465,120 6 882,471 22,185,718 ' 329,185,599 100,000,000 .669,362 Navy Dept. (sale U.S. Spruce Prod. 13,900,444 303,041,816 1,800, 000,000.0ft Exchange stabilization fund & corp'ns emergency War ( 84,213,563 595,548,673 Treasury. 583,955,565 761 ,129,840 573",200 6,178,590 58,714, 216 124,594,278 26,734, 887 35,999,607 6,832,544 438,558449 2,709^942 15,735 32,253,286 18,520, *281 Regional agric. credit corps. "10477 1,008,216 10,151", 764 10,246,956 20,804, 745 Production credit corp'ns.. 10,343,259 452,875",613 21,769, 965 94,096 771 Banks for Cooperatives.... 86,400 $346,681,016 of United States notes and $1,159,172 of Treasury notes of 1890 outstanding. Treas¬ ury notes of 1890 are also secured by silver dollars In the 186,780,928 16,372,687 27,180,729 47,513 156, 039,430.93- ...... Note—Reserve against 1,176,640 001 45,288491 25,018,779 103,032,194 50,183,876 Gold reserve..... 3,112,190,607 6,157,753 5,485,192 10,536" Federal Land banks.x..... 1,795,326 011 249.644 520 Fed. Interm. Credit banks. 48,827,587 1,327,670,589 803,977,342 19,920*562 36,909,149 Home Owners' Federal Nat. Mtge. Assn.. $ 458.645 2,774,872 14,260 834,593 6,138 49", 995 36,262,439 6,994,009 412,965,390 h44 448,466",268 84,213,563 30,403,394 309,127,402 Public Works Admin...... Qt 453,741,800 570,525,024 Includes ■ 454,741,000 the assets and liabilities of Ky., and Houston. Texas, 454,741,000 / , : Figures as of Sept. 30, 1941, are not ,• 1,000,000 426,993,980 3.418,372,338 2,847,847,314 of Aug. 31, 1941. the Federal Land banks of Louisville, which have retired the capital stock and paid-in surplus previously held by the Federal Government. ' Volume DEPARTMENT CITY AND STATE 1097 & FINANCIAL CHRONICLE THE COMMERCIAL Number 4008 154 BOND PROPOSALS AND NEGOTIATIONS be redeemed at from Frankfort on Nov. 5 re¬ as follows: Graves after Nov. 30, ported 1946, inclusive; County's bond refunding was ap¬ 1951, inclusive; proved and praised by the Court 1956, inclusive; of Appeals today. Graves Fiscal Court issued $92,1959, inclusive, bonds was offered for sale on and at 100 after Dec. 1, 1959, ex¬ 000 in 4% bonds Aug. 2 to cover Nov. 13' and was awarded to cept that if redemption date of present and anticipated partial Shields & Co., and G. M.-P. Mur¬ all outstanding bonds is subse¬ defaults on an old bond issue, and phy & Co., both Of New York, quent: to any optional date pro¬ stipulated the new bonds would jointly, paying 7 a premium of vided above for redemption of mature after the old ones had $7.15, equal to 100.01, a net inter¬ bonds at 100 and interest, such been paid off. est cost of about 2.34%, as fol¬ It also provided the new bonds bonds so subject to redemption lows : For $13,000 maturing June were not to be delivered to their are callable at 100 and interest. 1, $10,000 in 1942, $3,000 in 1943, The bonds are secured by a first purchasers, nor interest paid on as 3V4S, $3,000 maturing June 1, mortgage lien upon Harmony them, until the payments they 1944, as 2%s, $24,000 maturing Way Bridge constructed over made possible on the defaulted June 1, $3,000 in 1945 and 1946, Wabash River from New Har¬ old ones had been met. $4,000 in 1947, $3,000 in 1948, $4,The Court said the "plan is not mony, Posey County, Ind., to 000 in 1949, $3,000 in 1950, $4,000 White County, 111.; further se¬ only valid, but is a very com¬ in 1951, as 2%s, and $30,000 -ma¬ cured by a first lien on any ferry mendable one, since it enables turing June 1, $4,000 in 1952 to lines hereafter constructed and the county to meet its legal obli¬ 1955. $5,000 in 1956, $4,000 in toll revenues therefrom. These gations and to preserve its credit 1957 and $5,000 in 1958, as 2%s. bonds are part of a total author¬ without harm or injustice result¬ Due Arkansas, State of 7:7 , Bonded Debt Reduced—Bonded indebtedness of the State of Ar¬ kansas of Nov. as 1 amounted to $146,976,273, a reduction Of 611,678 from Nov. 1, 1939. highway debt at $136,330,557 Confederate pension debt at $4,The and $6,654,000 comprise the greater part ■:\,:;:of the debt. Other obligations are largely bonds of educational in¬ - stitutions. ^ CALIFORNIA Orange County (P. O. Santa Ana), Calif. ; School Notes Sold—B. J. Smith, County Clerk, states that $75,000 Fullerton Union High School Dis¬ : ; trict anticipation notes were recently by the First Trust & Savings Bank tax purchased National of Fullerton, at 1%. Dated Nov. Due on Dec. 29, 1941. 5, 1941. Authorized Bonds Las Animas, Colo. Bond Sale Details—It is is Council now the $400,000 (not $275,000) electric light and power that ' — The City said to*have been thorized to issue up to ' •* , Indianapolis Sanitary District, Ind.. Warrant Offering — James E. au¬ $30,000 tax Deery, City Comptroller, will re¬ for bonds, to care current operating expenses. anticipation V-v- ceive sealed bids until 10 a.m. 0.29%. b defaulted Harrison School Townships Districts No. 7 Clemens), Mich. f Bond Issue Withdrawn — Carl, Staeb, District Secretary, states that the $50,000 refunding bonds of 1941 offered on Aug. 26, was (P. O. Mount withdrawn from the market. ' ' Vv.v -.y • •' . Detroit, Mich. Bonds 7'* ••'/ ' 77777 :,'!7':7 ■ Purchased—In connec¬ tion With the call for tenders on ; Nov. 12, of city non-callable bonds, by the Board of Trustees Retirement System, Secretary Board of Trustees Charles G. Oakman advises bonds were age partially that us $200,000 purchased at an aver¬ yield of 2.301%. MISSOURI i University City School District (P. O. University City), Mo. Writ Halts School Bond Vote— The St. Democrat" "Globe Louis March 1, and that because of de¬ on Dec. 1 for the purchase of Nov. 8 reported as follows: $40,000 not to exceed 5% inter¬ preciation in property values, fu¬ Circuit Judge Wolfe of Clayton ture partial defaults were ex¬ est temporary loan warrants. yesterday issued a permanent in¬ Chicago Sanitary District, III. Dated Dec. 1, 1941. Denom. as pected. as follows: $25,000 maturing junction restraining the School Graves Circuit Court approved No Tenders Received—Frank O. requested by the successful bid¬ Nov. 1, $10,000 in 1943 and $15,University City the refunding in a test suit Board of the Due Nov. 10, 1942. Interest 000 in 1944, as 2^s, $75,000 ma- Birney, District Treasurer, reports der. School District from holding an that no tenders were received on payable at maturity. The war¬ brought by L. S. Shaw and it was turing Nov. 1, $15,000 in 1945, $80,000 general purpose bond is¬ Nov. 14 of refunding bonds of rants are to be issued in the name appealed for final decision. $20,000 in 1946 to 1948, as 3s, $50,election, which had been Harry R. Lynn, Assistant State sue 1935, Series A and B.—V. 154, of the City of Indianapolis, acting 000 maturing $25,000 Nov. 1, 1949 Local Finance Officer, said the scheduled for Nov. 25. for and on behalf of and for the and 1950, as 3V4s, $125,000 ma¬ p. 995. Judge Wolfe held that the law, use and benefit of the Sanitary $92,000 new issue was designed to turing $25,000 Nov. 1, 1951 to Hardin County (P. O. Elizabethpassed by the last session of the District under the jurisdiction of cover the anticipated tax deficit 1955, as 3%s, and $125,000 matur¬ town), III. Legislature, under which the the Board of Public Works and during the next nine years. ing Nov. 1, $35,000 in 1956 to 1958 Proposed Bond Issue—County "It is the only plan of its kind election was to have been held, is Sanitation of the City. The war¬ and $20,000 in 1959, as 3%s. plans to issue $19,875 bonds to in that the in the State," he added. "Other unconstitutional rants shall import no personal Dated Nov., 1, 1941. Denom. fund outstanding indebtedness. School District would be required obligation for their payment and refunding bond issues have pro¬ $1,000. Callable as follows: $20,to levy a tax of more than $1 on vided for retiring the entire old Massac County (P. O. Metropolis), shall be payable only out of the 000, 3%s, due in 1959, callable at the $100 valuation to retire the issue." III. taxes actually levied in 1941, and, ' 102 and accrued interest in in¬ bond issue. The State Constitu¬ Bonds Defeated—The proposal as finally determined by the State Knott County (P. O. Hindman), verse numerical order on interest tion fixes $1 on the $100 valuation to issue $37,000 court house con¬ Tax Board, will be collected and dates on or after one year from wmymBm as .the maximum for general struction bonds was defeated at enforced in 1942, all as provided Court Approves Bond Issuance the date of the bonds after 30 school purposes. the election on Nov. 4. by law. A sufficient amount of —An Associated Press dispatch days' published notice; $30,000, the proceeds from the taxes, from Frankfort on Nov. 6 reported Toulon, III 3%s, due in 1958, callable at 102 revenue bonds sold to the Robert Co. of Omaha, as noted here on Oct. 11, were sold E. ' • Schweser merical order on interest dates on or after two years I the bonds after 30 from the date of days' published notice; $30,000, 3%s, due $5,000 in 1958 and $25,000 in 1957,■ ■ call¬ able at 102 and accrued inter¬ est in inverse numerical " order on interest dates on or after three (CST) of ILLINOIS and MONTANA will forced in cials. ment of the warrants and the in-7 replacing four small terest thereon. The award will be by issuing bonds. Proposed Bond Issue—An issue en¬ 1942, has been appro¬ priated and pledged to the pay¬ $25,000 water and pumping plant construction bonds is under consideration by municipal offi¬ ' made White be collected which of and accrued interest in inverse nu¬ County Bridge Commission (P. O. Carmi), III. ; to the bidder offering the lowest actual interest cost. In the event satisfactory bids are not re¬ Sold —John Nuveen & ceived on the date of sale, the sale Chicago have purchased an will be continued from day to day years from the date of the bonds issue of $895,000 4% first mort¬ thereafter. after 30 days' published notice; gage bridge revenue bonds. $260,000 of the remaining bonds Dated June 1,1941. Denomina¬ Vincennes Township (P. O. Vinbeing: $45,000, 3%s, due $10,000 cennes), Ind. tion $1,000. Due June 1, 1960, call¬ in 1957 and $35,000 in 1956; Bond Sale — Raffensperger. able at Option of Commission or $125,000,73 %s, due $25,000 in 1951 through operation of sinking fund Hughes & Co. of Indianapolis pur¬ to 1955; $50,000, 3 ^s, due $25,chased an issue of $10,500 2% re¬ as follows: If less than all bonds 000 in 1949 and 1950, and $40,000, funding bonds at a price of 101.are called, the following are call¬ 3s, due $20,000 in 1947 and 1948; able on any interest date at 100 952, a basis of about 1.83%. Dated are callable at 102 and accrued and interest if called on or after July 1,1941 and due $5,000 July 1. interest in inverse numerical June 1 of following optional years 1954 and $5,500 Jan. 1, 1955. Inter¬ order on interest dates on or after J-J. Legality approved by with respect to such bonds: $30,- est five years from the date of the 000 in 1943 to 1946, $35,000 in 1947 Matson Ross, McCord & Ice of bonds after 30 days' published Indianapolis. to 1950, $40,000 in 1951 to 1954. notice. All bonds maturing in and $45,000 in 1955 to 1959, pro¬ 1952 to 1959, callable on May 1, IOWA vided, however, that if in any of 1952, or any1 interest payment said respective optional years all Page County (P. O. Clarinda), date thereafter, at par and ac¬ Iowa bonds of said serial numbers re¬ crued interest, ;i Prin. • and int. Certificate Sale—The deemable at 100 and interest have .$27,000 payable at the United States Na¬ been called out of sinking fund 2V2% semi-ann. secondary road tional Bank, Denver. Legality or other moneys, the Commission construction fund, anticipatory -approved by Pershing, Nye, Bosoffered for «ale on may redeem, on any interest date certificates worth, Dick & Dawson of Denver. all or any of remaining $250,000 Nov. 13—v. 154, p. 996—were > These bonds are being reofbonds at redemption price stated awarded to Shaw, McDermott & fered by Paine, Webber & Co., for redemption of all bonds; and Sparks of Des Moines, reports the .and C, F. ;Childs. & Co., both ;.of after all the $250,000 bonds have County Auditor. Chicago.7v'f ■been redeemed, then excess •moneys out of sinking fund or Richardson Park School-District i iotherwise for redemption of outRussell County School District 7-77 No. 20 (P. O. Wilmington), Del. jstanding bonds red. as aforesaid No. 3 (P. O. I.uray), Kan. ; Bonds Co. of follows: as The of Appeals refused Court . , < ■■ Fergus County (P. O. Lewistown), Fiscal Knott sell the half cover WPA project. board voted to County agreed tc 4Vz% bonds to of the cost joint The county school pay the county $2,- 285 annual rental until the bonds would own the Then retired. were board the structures. The plan would provide re¬ placement of buildings at Caney Creek, Carr Creek and Sassafras declared "unfit, unsafe and un¬ sanitary" by the board, and the one at Vest which recently ;;••• V7 reports now the $294,000 semi-ann. re¬ funding bonds sold to a syndicate headed by the Wells-Dickey Go. of Minneapolis, at par, as noted here on Oct. 25, were purchased as follows: $145,000 as ,2%s, due $29,000 from July 1, 1942 to 1946; the remaining $149,000 as 2%s, due on July 1, $29,000 in 1947 to 1950, and $33,000 in 1951. Call¬ able in full on July 1, 1945, or on any interest payment date Philipsburg, Mont,. Offering—Mayor R. D. Metcalf states that the City Coun¬ cil will offer for sale at 8 p.m., on Dec. 15, issue of $13,265.26 an refunding water system amortiza¬ tion bonds, series 1927. Amortiza¬ tion bonds will be the first choice LOUISIANA and serial bonds will be the sec-- Morgan City, La. $70,000 semiwater works and sewer ex¬ Sale—The Bond ann., ond choice amortization of the bonds Council, are sold If and issued, the entire issue may be put into one single bond or di¬ vided into several bonds, as the tension bonds offered for sale on Nov. 12—v. 154, p. 739—were awarded jointly to Woolfolk, Hug- said Council may determine upon gins & Shober, and Scharff & at the time of sale, both principal Jones, both of New Orleans, pay¬ and' interest being payable in ing a premium of $7.31, equal to semi-annual installments during 100.01, a net interest cost of about the period of fifteen years from 2.12%, on the bonds divided as the date of issue. >7 follows: $46,000 as 2V4S, due on [ If serial bonds are. issued and; Nov. 15, $3,000 in 1942 to 1951, sold they will be in the amount of 7 Maturity Revised—In connec¬ iat 100 and interest shall be ap¬ Bonds Voted—The issuance of $4,000, 1952 to 1955, and $24,000 $1,000 each, except the last bond tion with the report of the offer¬ plied to redemption of groups of $15,000 construction bonds is said as 2s, due $4,000 on Nov. 15 in which will be : in the amount of ing on Nov. 24 of $46,000 not to ibonds or part thereof in inverse to have been approved by the vot¬ 1956 to 1961. v $1,265.26, the sum of $1,000 of the 'order of above mentioned optional ■• .. DELAWARE'^glgi ?S;KANSAS|p;i§Ji| . , ' exceed 2%% interest coupon or ers years carried tion of all bonds. construction, bonds, in—V. 154, p.-1041—it is announced that the maturity has the bonds will be redeemed at the rate of been revised so that annually on Dec., 1 1942 to 1964 inch '**■? •' from $2,000 • of bonds a be any one all redeemed are are Graves outstanding . are County ■£7Y. called time). said serial bonds will become due MASSACHUSETTS v.. v:7'7'7'. ■; Ky. Bond Refunding Plan Approved —An Note (P. O. Mayfield), Associated Press dispatch and NewburvDort. Mass. KENTUCKY to lot (if less than all bonds recent election. Serial numbers of such serial numbers If - to be selected by at at at price stated for redemp¬ registered . thereafter. Bond high court to intervene. Attorney that burned. Elijah Hicks, denied an injunc¬ tion by Knott Circuit Judge Henry Stephens, Jr., on his claim the plan was illegal, had asked the 7.7^7 Bond Sale Details^The Deputy school houses Court of $50,000 Mont. - today to stop Knott County from i ■ and Fractional the e e n discount. 0.24% MICHIGAN 1925, payable at $24,000 annually, had at 1942. 5, , Clinton taxpayers or other concerned." The opinion, by Judge Alex L. Ratliff, said a $400,000 5% road and bridge bond issue voted in ing to parties $945,000. INDIANA Boise, Idaho COLORADO reported ized issue of IDAHO Nov. Other bids: Tyler & Co., 0.27%; Merchants National Bank of Newburyport, any , 1941 of notes called, they may time at 105 St. Petersburg Housing Authority 1941, to June 1, (P. O. St. Petersburg), Fla. at 104 to June 1, Bonds Sold—A $70,000 issue of at 103 to June 1, housing, series A (Second Issue) at 102 to Dec. 1, FLORIDA ARKANSAS and Sale—The National was of Bank awarded $100,000 on of First & Ocean Newburyport Nov. 14 an issue revenue anticipation payable a like on the Jan. 15, 1943, amount on the same day each year thereafter until all of such bonds are paid, excent that the last installment will be in the amount of $1,265.13. ; THE COMMERCIAL & FINANCIAL CHRONICLE 1098 The "Said bonds, whether amort or serial bonds, will bear ization 7*date Jan. 15, -1942 and will bear interest at exceeding not rate a payable on Jan. 15 and July 15 in each year, all redeemable Jan. 15, 1947, and any interest payment date thereafter. 4% annum, per Said bonds will be sold for not less than their par value with ac¬ crued interest to date of delivery, lowest of rate state .the must bidders all and which at interest issue, due in 1972, was made call¬ able at various premiums and, in the sell to bonds said at private sale., 7 7i 7 " ' : All bids other than by or on behalf of the State Land Board . • of' "Commissioners of Montana by a certi¬ the sum of $500, be accompanied must check fied in payable to the order of the City Clerk. the shall bids All addressed be de¬ of the City and Council to livered to the Clerk of City. Valley County School District No. 1 (P. O. Glasgow), Mont. 7 Bond Offering — on Dec. 9, by A. B. Friedlund, Dis.7 trict Clerk, for the purchase oi is not to rate terest In¬ refunding bonds. $61,633.23 exceed 3%, payable J-D. Dated Dec. 31, 1941. Amortization bonds will be < the and serial bonds will first choice be the second choice of the School If amortization bonds are Board. the issued entire issue sold and may be put into one single bond divided into several bonds, as or of Trustees may de¬ termine at the time of sale, both the The Falls. bonds Co., un¬ are • , No bonds of said issue will more will than sold be Bond said produce Offering Robert •— additional an Salem§ Board Correct during a period of five years from the date of issue. Interest pay¬ able June 30 and Dec. 31, each If serial bonds are issued and sold the same shall be in the •amount of $1,000 each, except •bond No. 1, which shall be in the amount" of $1,633.23, the sum of $13,633.23 of said serial bonds will become due on Dec. 31, 1942. •and the sum Of $12,000 of said serial bonds will become due and year. Date—Sealed Offering was intended to supplement the quired. Legal approving opinion by August bond issue, two sets of bids for of Dillon, Vandewater & Moore J. Perry, Borough Clerk, until the work called for an outlay in of New York City will be fur¬ 8 p.m. (EST), on Dec. 3 for the excess of nished the successful bidder. Pur¬ $120,000. bids will received be purchase of $34,000 not to exceed South River, N. J. 6% interest coupon or registered Bond Offering — George general improvement bonds. It Borough Clerk, will was previously reported that the Bowen, principal and interest to be pay¬ sale able in semi-annual instalments would held be on pose re¬ 154, p. 1044. Dated Nov. 1, 1941. Denom. $1,000. Due $2,- 000 not to exceed 6% interest 000 on Nov. 1, from 1942 to 1958 coupon or registered poor relief Dated Feb. 1, 1041. De¬ incl. Bidder to name a single bonds. Due $3,000 on Feb. rate of interest, expressed in a nom. $1,000. —v. payable on the same * day thereafter, until all bonds are pai'd. The bonds cessful bidder will be furnished with the opinion of Hawkins .whether amortization or serial Delafield & Longfellow of New bonds, will be redeemable in full York City that the bonds are on any interest payment date valid and binding obligations of ifrpm and, after, years .from the borough. In the event that the date of iss.ue.' Issued'for the prior * to the delivery of the purpose of. providing money to bonds the income received by pri¬ pay and retire an equal amount . t a name is issue to refund bidder cessful at may, his elec¬ single rate of interest, tion, be relieved of his obliga expressed in a multiple of 44 or tions under the contract to pur¬ 1/10th of 1% principal and inter¬ chase the bonds and in such case est (F-A) payable at the First the deposit accompanying his bic National Bank, South River. will be returned. Purchaser to pay accrued interest Rome, N. Y. I from date of issue to date of pay¬ Refunding Reduced to $100,000 ment of the purchase price of the offered bonds Wachob-Bender sale of 3V2% revenue ,a municipal bonds. i$75,000 Due serially over water 20-year period. '• f; Bonds Sold—The Village Clerk •states that $34,000 3Va% semiann. refunding bonds have been '■purchased by the- Robert E. of Omaha. .Rushville School District (P. O. ;i\£v •*7/ Rushville), Neb. t ; Bonds ■ Sold—The Secretary of that the Board of Education states semi-ann. 2%% $11,000 bonds have been : funding purchased by the National Co. of Omaha. 7/7 NEW JERSEY Nov. 13—v. 154 D. : Yates, Deputy of 300.—V. 154, p. the NORTH A shury B. Gibbons & 786." Park, N. J. —v. 154, p. ; their for numbers redemption on interest, payment date at par and accrued interest upon not less than 30 days'; published, notice. any The bonds, dated Nov. 1, 1941 Dec. 1 as follows: are mature $10,000 in ,1942 and 1943: $11,000 in> 1944 and .1945, and $8,000 in 1946. Second high bid of 100.317. for non-callable H. Rollins York. \ y 2s & . made was by E. Sons, Inc. of New , f. „ , . ' 77 Phillipsburg, N. /.* / Offering — George L. Hartman, Director of. the Depart¬ V Bidder Sherwood L. H. & 7 City & Co...v. Rate Bid water 000 bonds line, had stated and been line sewer authorized —• • V. 154, p. 997—-was erroneous. Harnett County (P. O. Lillington), N. C. Bond will Offering be Sealed — received until bids 11 a.m. (EST), on Nov. 25,. by W. E. Easterling, Secretary of the Local A portion of the Oct. 1, 1941. Denom. $1,000. •A A V J City of Asheville Water Re¬ funding Bonds dated July 1, 1936. ]7 Asheville Local Tax School Dis¬ 100.51 Weigold, 1.70 of Asheville General | •/'//v1.70 ■ . i> Commission, at his Raleigh, for the pur¬ chase of $41,000 school building bonds. Dated Dec. 1, 1941. Due on Dec. 1; $2,000 in 1944 to 1954, $4,000, 1955, and $5,000 in 1956 to 1958 incl., without option of prior payment. Denom. $1,000; prin. and int. office in (J-D) payable in New York City in legal tender; general obliga¬ unlimited tax; coupon, bonds registerable as to principal alone; delivery on or about Dec. II, at place of purchaser's choice.* tions; There will be Bidders the interest rate ceeding 6% "... ..100.48 auction no per name rates, not or ex¬ in multi¬ annum ples of Va of 1%. name . requested to are Each bid may/ for rate part of the* (having the earliest ma¬ turities), and another rate for the balance, but no bid may name one bonds than more two rates, and each specify in his bid the bidder must of amount bonds bonds The the the will bidder bonds to cost of the the rate. awarded offering at each be to. purchase to lowest interest, county, such cost to by deducting the* determined be of the amount the interest all upon their until premium bid aggregate of amount the of respective bonds, maturities./ No bid of less than par and ac-. crued .interest will be entertained.* be must accompanied by: certified check upon an incor-f porated bank or trust company,- payable; order unconditionally of the the' to State Treasurer/ The approving opinion of Masslich?and Mitchell, NewYork; City/ will be furpi shed the' purchaser. • for $820. In the event that prior to the delivery of the bonds the income^ received by private holders from' bonds of the character shall of any terms law/ the type same and be taxable by the] Federal income tax successful'bidder may,: at his election, be relieved of his' obligations under the contract to4 purchase the bonds, and in such; the v deposit accompanying his bid will be/ returned. - > JRonJ will ] • _ Wallace,, N. C. ' . / . , ;Offering/p]Seale<i/bi<ls/ be received until 11 ; a.m., (EST), on Nov.725, by W. E. Easterling, Secretary of the Local. Government Commission, at his, office in Raleigh,; for :the pur-; following bonds ag¬ trict Refunding Bonds dated July gregating $70,000:/: E. H. Rollins & Sons. Inc.. 1.75 W 100.14 Kean, Taylor & Co ...,:1.75 • 100.13 1, 1936.-C • 777/; $64,000 waterworks and sewerage' Biltmore Special - School Tax Moreau (P. O. Soath Glens Palls), I refunding bonds. Due vi on' District Refunding Bonds dated Y, May 1 ;-$2,000 in 1943 to 1948; July 1, 1936. :7:7;7/ 7 $3,000, 1949 to 1956, and $4,-Bond Offering —- J. Harold Johnson SpecialSchool"; Tax 000 in 1957 to 1963.; 7 7 7 Blackburn, Town Clerk, will re¬ District Refunding Bonds dated "6,000 general refunding bonds. ceive sealed bids until 2 p.m. or July 1, 1936. 7777';;-•7;:77;7p Nov. 21 for the purchase of $10,/ Due $1,000 on May. 1 in 1943 Reems Creek Township Special Roosevelt & Inc.. 1.70 H. L. Allen & R. D. White & 100.185 1.70 kv/.. 100.10 Co. Co,; > chase of the , . 000 to not coupon exceed 6% interest School ' Tax* registered town hal] Dated Dec. 1, 1941. * De¬ or Due terest (J-D) payable at the Glens P Government 1936. funding Bonds dated July 1, 1936. 100.261 1.60 Traders & Series 2 Re- Re¬ funding Bonds dated July 1, 1936. City of Asheville Series 2 Re¬ Co. and Co.......,/.. 1.60%. */ 109.466 ...v..,,"....... Co. Buncombe County i unding Bonds dated July 1, & Schwaram Manufacturers Trust Int. Rate ? . Childs P.' C. f Other bids: $3,000 in 1960. Unusual Ci N. is by H.: Bowles, Director of Finance; that the report given in our issue of; Nov. 11, that the issuance of $150,- / case /Bonds dated July 1, 1936. Bonds dated District Refunding July 1, 1936. innovation^ in 852. Greensboro, Correction—It ; Bids ' ■ Sanitary Water & Refunding Bonds dated July 1, 1936. District a Call ment of Revenue * and Finance •bonds. ;Weaverville Public,School Dis-. call-, will receive sealed bids until T nom. $1,000. Due $1,000 on Dec. able municipal bonds recently p.m. on Nov. 26 for the purchase 1 from 1942 to 1951 incl. Bidder trict Refunding Bonds dated July of $22,000 not to exceed 3% in¬ to-name a single rate of* interest 11, 1936.' f~i came to the attention of the busi¬ ♦, i • v. ;j.i- iv; ?, 1-a'it. ;{*•« Beaverdam Water & Sewer Disterest coupon or registered gen¬ expressed in a multiple of % or ness with the offering of-the city's eral .improvement bonds. itric^ Refunding Bonds dated July Dated 1/lOth of l%v - Principal and in¬ $10,230,000 314% refunding bonds Bond .Issue- Has Feature—An Woodfin i \ CAROLINA suing units of the following bonds: Buncombe County Refunding Co., Inc., New York 947—was awarded to Van Deas lVgS, at a price of 100.159, f Bros., Inc. of Newark, as basis of about 1.49%. .Dated Nov 1 Vzs, at a price of 100.061, a basis 1. 1941 and due Nov. 1 as follows: of about 1.48 %. Township was $6,000 in 1956, $8,000 in 1957, $10,granted the privilege of calling 000 in 1958, $11,000 in 1959, and venter Bond 9 Refunding Bonds dated July I, 1936. from issue —Harry part of an p. and n trict $40,000 and Comptroller, issued an order on will be prepared under the super¬ Nov. 13 permitting the city to re¬ vision of the Security Banknote fund $100,000 maturing bonds over a period of five years. An earlier Co., Philadelphia, which ; will certify as to the genuineness of report gave the amount as $150,authorized the bonds in the inverse order of Mavwood, Neb. Schweser Co. dated July 1, 1936. • "j Swannanoa Water & Sewer Dis¬ total are , Corp. of Omaha, for the ? - South Buncombe Water & Wa-7 tershed District Refunding Bondsi State The bonds bonds. of outstanding amortization buildBuncombe County (P. O. Ashesame .ing bonds of the district, dated ville),N.C. taxable by the terms of any Fed¬ payable to order of the borough Dec. 31, 1936. The bonds will be required. Legal opinion of 1 Sealed Tenders Invited—It is eral income tax law, the success¬ is sold for not less than par and ac¬ & Raymond of New stated ful bidder may at his election, be Caldwell by Curtis Bynum, Secre¬ crued interest to date of delivery relieved of his obligations under York City will be furnished the tary of the Sinking Fund Com¬ and all * bidders must state the the contract to purchase • the successful bidder. missioners, that pursuant to the lowest rate at, which they will bonds and, in such case, the de¬ provisions of the respective bond purchase the bonds at par. En¬ NEW YORK orders and ordinances authorizing close a certified check for $1,000; posit accompanying his bid will be returned. their issuance, tenders will be re¬ Huntington (P. O. Huntington), payable to the District Clerk. NY. ceived by the County Sinking Monroe T own ship (P. O. WilNEBRASKA Fund Commission until noon on Bond Sale—The $38,000 coupor liamstown), N. J. or registered refunding watei Nov. 28, for the purchase by the Bellevue, Neb. Bond Sale—The issue, of $50,000 bonds offered Nov.* 14—v, 154 respective sinking funds, in the Bond Sale Contract—The City coupon or registered refunding name of and on behalf of, the is¬ p. 948—were awarded to George .Council on Nov. 6 entered into a -contract with the dated i Bonds Refunding July 1, 1936. v • signatures of the % officials signing the bonds and the seal impressed thereon. A certified holders from bonds of the check for 2% of the bonds bid for, type and character shall be vate the by private holders from bonds o' the same type and character shal" be taxable by the terms of anj Federal income tax law, the suc¬ Bidder 1946 incl. from 1942 to 1 to of $15,000 bonds maturing Oct. 1 1942; $25,000 June 1, 1942, and $64,000 due July 1, 1942. In the event that prior to the delivery of the bonds the income received A. 26 ceive sealed bids until 8 p.m. on Nov. 24 for the purchase of $15,- Nov. multiple of %,• or l/10th of 1% Prin. and int. (M-N) payable at the First National Bank, Carteret. Each proposal must state the amount bid for the bonds, which shall be not less than $34,000 nor more than $35,000. A certified check for $680, payable to order each of the borough, is required. Suc¬ such year ; i , District sum redeemed before any $999.99. so . Sewer B Supervisor, will of Stewart, Town receive sealed bids until 11 a.m. The purchase price must (EST), on Nov. 19 for the pur¬ bonds of subsequent numbers are be not less than $22,000 nor more chase of $104,000 not to exceed Purchaser to pay redeemed. Such a set-up, how¬ than $22,999. 5 % interest coupon or registered ever, does not impose an undue accrued interest from date of is¬ highway refunding bonds of 1941 burden on the city should reve¬ sue to date of delivery of the Dated Dec. 1, 1941. Denom. $1,A certificate check for nues decrease during times of de¬ bonds. 000. Due Dec. 1, as follows: $6,$440, payable to order of the pression. 000 in 1942 and 1943; $8,000 from Asbury Park is said to be the town, must accompany each pro¬ 1944 to, 1946 incl.; $10,000, 1947 Legal opinion of Dillon, only city in the country owning posal. $15,000, 1948; $17,000 in 1949, and property having a value larger Vandewater & Moore of New $26,000 in 1950. Bidder to name i in amount than its entire list of York City will be furnished the single rate of interest, expressed ratables. This property is largely successful bidder. in a multiple of or l/10th of revenue - producing. Important 1%. Prin. and int. (J-D) pay¬ N* J. among these assets is the entire Ordinance Rescinded— able at the Chappaqua National beach front and permanent im¬ I Bond The City Council on Nov 10 voted Bank, Chappaqua, with New provements thereon. From this to rescind an ordinance of two York exchange. The bonds are beach front property, net revenue months ago authorizing bond general obligations of the town in recent years has averaged more issue of $80,000 for a new high payable from unlimited taxes but than $221,000 per year and such school gymnasium. Officials said payable primarily from' taxes on net revenues are pledged to the the estimated cost of construct¬ the property of the unincorpo¬ payment of the new refunding / ing the facility in the near fu¬ rated portion of the town. bonds. ture made the project inadvis¬ certified check for $2,080, pay¬ Carteret, N. J. able. Although a $20,000 surplus able to order of the town, is re¬ be must and sum Caney Valley Sanitary Sewer District Refunding/Bonds dated July 1, 1936. Hazel Ward Water & Watershed . bids Sealed until 8 p.m. be received will Glens 1947 • purchase the bonds at later date only upon payment of par. The Council reserves the the premiums called for in the right to reject any" and all bids regular redemption schedule and and Falls National Bank & Trust follows: $2,000 from 1942 as 1946 incl. and $3,000 from to Bidder to name a limited tax obligations of the addition, the city reserved the to 1950 incl. right to call specified amounts of single rate of interest for, all of town and the approving opinion such bonds on Dec. 1 of each year, the bonds, expressed in a multiple of Willard A. White, Esq., of Glens at par. However, as an incentive of Va of 1%. Principal and inter¬ Falls, as to the validity of the is to the city to maintain tax collec¬ est (A-O) payable at the Phillips- sue will be furnished the success tions and revenue receipts at a bury National Bank & Trust Co., ful bidder.;. A certified check for payable to order, of the high figure, the covenant provides Phillipsburg. The bonds are gen¬ $200, that if the city does not exercise eral obligations of the town, pay¬ town, must accompany each pro¬ The posal. its right to redeem the specified able from unlimited taxes. ■ 7'7 ;.. V. amount of bonds at par in any sum required to be obtained at New Castle (P. O. Chappaqua), year they may be redeemed at a the sale of the bonds is $22,000. they will , Oct. 1 Tuesday, November 18, 1941 'V . -if I I > »V| ,■ ikj.j w; •; { » , * > l • 1, 1936. » f s. ♦ i ■' • n Ifll'iJ r.'t 1 to 1948 inci. 77;7' 7 Dated $1,000.payable York v7;.];;r-r'' 7 Nov. 1,: ,1941./ ?Denom.. Prin,,..and ^.int; ,(M^N)7. lawful money* in New. ur> City; terable • coupon^ bonds v regis-; to principal only; gen-v obligations; unlimited/ tax;delivery,at, place/, of, purchaser Vt erai as -• ? choice. J /•t./a There will be i H '■' I no auction. L J "v/> - I. ..» Volume " •> Number 4008 154 j\ J A separate bid for each , issue '(not less than par and accrued interest) is required. A Bidders are principal 'of the bonds and are interest upon tions," including early 1942 obli¬ He from ad gations, according to report. payable valorem taxes of the Port without said the matter was urgent be¬ to name the interest limitation as to rate. or amount, cause, "in addition to the pend¬ embarrassment," permission upon all the real and personal ing rate or rates, not exceeding 6% of the courts will have to be ob¬ in multiples of of d%;- each property within the limits of the tained under a new law ifv the bid may name one rate for part Port so taxable for its purposes. of the bonds of either issue (hav¬ The bonds will be awarded to the issue is not decided before Jan. ing the earliest maturities) and bidder offering the lowest net in¬ 1, 1942. An adjourned meeting of another rate for the balance, but terest cost to the Port, premium Council was scheduled for Nov. no bid may name more than two offered, if any, considered; and 14 to discuss the proposal 'requested - issue, .will bonds The be awarded Portland. tc bidder offering to purchase the bonds at the lowest interest the Each conditional bid must be with ISLAND RHODE Cranston, R. Note un¬ exception the Chicago, whose legal opinion will state in effect that the bonds have been authorized and issued in ac¬ with cordance the Constitution and Statutes of the State, includ¬ ing the City Charter, and cqpstitutl? valid and legally binding obligations of the city, payable from revenues to be de¬ rived from the operations of the solely city's municipal light, and power and that the city has power and is obligated to fix rates and collect charges for electric energy and the services, facilities system, and each' the bonds sold will be delivered bidder must specify in his' bid complete on or before Jan. 2,1942, the amount of bonds of each rate. at the expense of the Port,, at either for rates 1099 THE COMMERCIAL & FINANCIAL CHRONICLE , Brown, Offering' City — /. * \ William Treasurer, . A. will re¬ to the town, cost , V; will bonds entertained, be furnish accompanied by the to successful bidder and validity by the First National of Bank of Boston, under advice oi ;a certified check upon an incor¬ Teal, Winfree, McCulloch, Shuler Ropes, Gray, Best, Coolidge &, & Kelley of Portland as to the Rugg of Boston. porated bank or trust company They will be payable unconditionally to th: legality ; of the bonds and the delivered on or about Nov. 24 at the aforementioned bank for order of the State Treasurer, foi regularity of their issue. The Port $1,400. The right to reject all reserves the right to reject" any Boston funds, and are payable at 'bids is reserved. The approving and all bids for the bonds. Circu¬ said bank or, at holder's option opinion of Storey, Thorndike lars descriptive of the bonds and at the Rhode Island Hospital ■Palmer & Dodge, Boston, will be the said Port will be mailed upon Trust Co., Providence. .'furnished1 the purchaser; • application prior to, sale date, to SOUTH CAROLINA In the event that prior to the the above Secretary. Enclose a delivery of the bonds the income certified check for 2% of the par , Walhalla, S. C. received by private holders from value of the bonds, payable to the Bonds Sold—R. S. Dickson & bonds of the same type and char¬ Port. Co. of Charlotte, are said to have f Bids be must the unqualified legal opinion 1 , be " taxable shall acter terms of any the by These in the successful bidder may 'at his election, be relieved of hie be returned. OHIO - purchased $50,000 semi-ann. water our issue of Nov. 11, ; works time Ross Township proposals to issue the follow¬ aggregating $365,000, L--.' were rejected: $200,000 power or Rural School Dis~ , . . n ' town), Ohio 5; $6,000 buildinr „ Nov. offered 975—were p. system, or both; $165,000 municipal water system bonds. 154 13—v. awarded to J. - ; Bonds Yamhill, Ore. ,' Sold—Hope Perry^ City ,. Jackson, • Tenn; 1941 and due $500 Npv. 1 from 1943 to 1954 incl. nection not for to with Nov. the offering sched 20, of the $922,000 2%% semi-ann. exceed been purchased jointly at is now stated by Mayor A. B by the Charles N. Tripp Co., Foust that the bonds will be ir and Fordyce & Co., both of Portcoupon form, but may be regis-r and. Due on June 1 as follows: tered as to principal only in ac¬ $2,000 in 1942 to 1946 and $3,000 cordance with the provisions con¬ in JL947 to .195 lv;,These bonds were tained on each bond, and will approved by $e voters in April. v mature Jan. 1, as follows: $74,000 in 1943, $75,000 in 1944, $76,000 in PENNSYLVANIA/ V >•* 1945, $78,000 in. 1946, $79,000 ir, 1947, $81,000 in 1948, $82,000 in ifl: ' -y.v Meadville,y Pa. }■: Bond Offering: — G. Stanley .1949, $83,000 in 1950, $85,000 ir Maxwell, City Clerk, will receiv( 1951, $86,000 in 1952, $88,000 ir Bonds sealed bids until 8 p.m. (EST) 1953, and $35,000 in 1954. and after Jan. 1. on Nov. 25 for the purchase oi maturing on $139,000 coupon bonds, divided as 1950, will be subject to redemp¬ tion as a whole or in part at thr follows: 4 *' ■ '!'"*. r J v 1 par F. D. No. 1, Beallsville), Ohio Sale—The $40,000 schoo1 construction bonds offered Nov District (P. Oi, R. ~ ' Bond 13—v. the to 154, p. 743-—were awarded First National Bank Powhatan Point, as 2s, at a oi prio basis of about 1.88% Dated May 1, 1941 and due $1.00f on April 1 and Oct. 1 from 1942 t' 1961 incl. Second high bid o* 100.882 for 2s was made by Ryan, Sutherland & Co. of Toledo. of ,A-V •■'V. 101, V the from Federal income taxes under and decisions and principal and interest - are existing both laws exempt from taxation under ex¬ isting laws of the State, excepi transfer and estate taxes. Such opinion and expense of printing the bonds will be paid by the city. Only bids or forms furnished by the city oi substantially similar thereto will be accepted. No bids will be ac¬ cepted for less ; than par. The inheritance, ^^ a - v-;,vt;vv../; a certified check for $20,000 60.90% York. New eligible to State Aid and are unlimited ad from payable of are an re¬ valorem tax levied against all the taxable property in the county. UTAH - Murray, Utah Voted—At Bonds Nov. on the the 4 of issuance nicipal power tension bonds election the voters the approved $200,000 mu¬ and light plant ex¬ by a count of 871 to 213. VIRGINIA Richmond, Court Va. Chesterfield Approves Annexation—We quote in part as follows from the Richmond "Dis¬ patch" of Nov. 7: decree annexation formal A Chesterfield was of Richmond on Dec. 31 signed last night by the three in judges Circuit Chesterfield Court. ^ . bonded indebtedness to; be . as¬ city—the judges de¬ cided, in effect, to split the differ¬ ence between the opposing argu¬ Bond Offering—Sealed bids will Nov. ments and ruled that Richmond received until 2 p.m. on should assume approximately 21, by E. AH. Campbell, Town $247,000 of county bonds. Rich¬ Recorder, for the v. purchase of mond had set the debt figure at $250,000 water, electric and sewer $237,000 and Chesterfield, calcu¬ system revenue bonds. Interest lating on a different basis claimed rate is not to exceed 3%, payable the city should relieve it of about J-D Denom. $1,000. Dated Dec $257,000 in bonds. The court ruled against Rich¬ 1, 1941. Due on Dec. 1 as follows: that Chesterfield $10,000 in 1943 and 1944, $11,000 mond's claim in 1945 and 1946, $12,000 in 1947, should pay interest and principal be in 1948 to 1950, $9,000 in 1954, $10,000 in 1955 to 1958, $11,000 in 1959 to 1961, $12,000 in 1962 and 1963 and $13,000 $8,000 falling due 1951 end in to 1964 to 1966. interest to be in Rate or rates of multiples of Vi of 1%; not more than two rates shall be specified and there shall be no more than one rate for any one maturity. Issued for the purpose of constructing and acquiring im¬ of the up to June 30, 1942, county fiscal year, on bonds apportioned to the annexed areas.' These payments were cal¬ culated at approximately $6,500. II. Ed¬ Chester¬ field had budgeted these costs and City wards would Attorney Horace had argued that collect taxes for them re¬ gardless of annexation. From Chesterfield the • . $75,000 not tp exceed 3% (P. O. Astoria), interest option of the city on any interest date after • ' V Entering of the decree, whiclv marks officially Richmond's sec¬ ond annexation victory of this . . v to the City city will provements, additions and exten¬ acquire about 7.7 square miles of* publication of notice ai sions to the combined water, elec¬ land, including some rich resi¬ incinerator bonds.1'. Rate 'to r- Ore. '••• • least once in a daily paper of tric and sewer systems of the town dential and industrial areas, and be expressed in p multiple oi Bond Offering—It is stated by general circulation in the. city, and are payable solely from the about 5,000 population. Assessed V4 Due $5,000 annuW. F. McGregor, Secretary of the and in New York City, and after revenues to be derived from the values in the territory acquired ,v ally on Dec. Board of Commissioners, that he 1, from 1942 t( mailing of notice by registered operation of said system after the are estimated at between $6,000,will receive sealed bids until 7 !; 1956 inaiL to holders of registered' prior payment from such revenues 000 and $7,000,000, or about 16% 64,000 ' not to exceed 1144 % in- bonds which are called for re¬ of the p.m; on Nov. 26, for the purchase reasonably necessary cost of Chesterfield's total assessed terest refunding bonds, y Rate oi a $2,700,000 issue of coupon i; demption, and to the paying agent of operating, maintaining and re¬ wealth. \ to be .expressed in a multiple general obligation refunding, or place of payment of the bonds A pairing the systems and after the compromise agreement be¬ of V4 bf 1%. .Due. Dec. 1, as .* series A bonds. Interest rate is such notice in each case to be prior payment from the net water tween city, and county was 2 follows: $6,000"'from 1942 tc fnot to. exceed 3%, payable J-J. given not more than 60 days nor and light revenues of the annual worked out after Richmond moved 19514 inch, and $4,000 in 1952 V Denom. v $1,000. Dated Dec. 1, less than 30 days prior to the principal and interest require¬ in August to annex more than 10 All of the bonds will be dated '1941. Pue on Jan. 1 as follows: date fixed for Redemption, at the ments for water and light bonds square miles of the county. Rich¬ ! $69,000 in 1943, $71,000 in 1944, Dec.; Ty ,1941.: Separate bids musi principal amount thereof and ac¬ of the town, dated March 15, 1940. mond went through the motions be made for the respective issues; $73,000 in "1945, $75,000 in 1946/ crued interest thereon to the re¬ and now outstanding in the total of proving the necessity and ex¬ 2 $78,000 in 1947," $80,000 in 1948, and in< .each instance a .certified demption date, plus premiums as amount ; of $58,000. The bonds pediency of annexation, and the cheek for.$1,000, payable to order $82,000 in 1949, $85,000 " in 1950, follows:; V2. of 1% per year or will be awarded to the highest re¬ three judges unanimously ruled of the city, must accompany the $87,000 in'1951, $90,000 in 1952, fraction thereof between the date sponsible bidder whose proposal for annexation October 24. offer,; Bonds will be registerablr fixed 'for ; $93,000 in 1953," $96,000 in 1954, redemption and ma¬ results in the lowest interest cost On the same day it takes over as to principal only.r;; Prin. and $99,000 in 1955. $102,000 in 1956, turity;;- provided, however, that to the town. The right is reserved its newly-won gains from Ches¬ inL; (J-D). payable at the City in no case shall the premium ex¬ to refuse any and all bids and to $105,000 in 1957, $108,000 in 1958, terfield, Richmond also will as¬ Treasurer's office,without de¬ ceed 3% of the $111,000 in 1959, $114,000 in 1960, principal of the sell all or part of said issue. No sume control over 8.29 square duction for any taxes (excep' bonds $118,000 in 1961, $121,000 in 1962, redeemed; and provided: bid will be accepted for less than miles of territory taken from Hen¬ gift, succession or inheritance $125,000 in 1963, $129,000 in 1964, further, that if less, than. all of par and accrued interest. The State Supreme Court The rico. '' taxes) levied pursuant to any the bonds subject to redemption, town will supply the approving of $133,000 in 1965, $137,000 in 1966, Appeals last June upheld Rich¬ present or future law of the Com¬ are called for redemption; those $141,000 in 1967, and $178,000 in legal opinion of Chapman & Cut¬ mond's sweeping victory over monwealth pf. Pennsylvania); Leof the longest maturities shall be ler of .1968, but with the right reserved Chicago, and all bids must Henrico, which gives the city <?al* opinion of Burgwin, Scully to the Port upon 30 days' prior called first and in inverse numer¬ be so conditioned. Enclose a certi¬ about 15,000 more population and & Churchill of Pittsburgh will b' The bonds maturing fied check for 2% of the amount adds about ical order. published notice, to redeem in nu¬ $18 000,000 or more furnished the successful<bidder merical order on Jan. 1, 1952, and prior to Jan. 1, 1950, shall be due of the bonds, payable to tne Town in assessed values. City will pay for legal opinior and payable on their respective < Treasurer. upon any interest' paying;1 date and cost of printing the bonds. : .-thereafter, any or all of the bonds maturity dates without option of New Kensington * ,LPa.-, maturing in 1961 to 1968, at par prior payment. Rate of interest TEXAS value and accrued interest. Rate > Says Bond Issue Is Necessary— to be in a multiple of V4 of 1%. Canada. (Dom:nion of) 1' Archer County (P. O. Archer At a meeting of-the City Council and must be the same for all of -H,. or rates of interest to be in-mulTreasury Bills Sold—An issue o£ City), Texas tiples of V\ of l%.r Prim and int. on Nov;r 10, Council men Dudlev H. the bonds. Prin. and int. payable .Bonds Offered to Public—Crum- $45,000,000 Treasury bills was sold v payable at the office of the Treas* Anderson urged that immediate in lawful-money at the Chemical Nov. 13 at an average yield of mer & Co. of Dallas, are offering i fi urer of the -Port. * The boundaries action be taken toward passing a Bank & Trust Co., New York. The Dated Nov. 14, 1941 and for general investment an issue of 0.541%. of'said Port'ore coterminous withi bond issue "to meet the December legality of the bends will be ap-semi-ann. road re¬ due Feb. 13, 1942. ■*>•& those of Clatsop, County; and -the payroll and other current obliga-1 proved- by- Chapman & Cutler of $750,000 2% OREGON Port of Astoria ■ of 7.7 square miles County territory transferring sumed by the Tullahoma, Tenn. , con¬ nave Washington Township Rural School , on that the in¬ bonds is exempt ... electric system revenue refund¬ Recorder, states that $25,000 2%% ing, series A bonds, noted in oui semi-arin* water system; bonds issue of Nov. 8—v. 154, p. 976—i .Dated Nov. ,1, ,on \ uled A Incy of Cincinnati ;White the electric fund, and payable to the City Treasurer. Bond Offering Details—In water Bond Sale—The bonds ceive all other obligation; and indebtedness payable out ot close TENNESSEE bonds ing trict (P. O., R. F. D., James- j & bonds of ; obligations under the contract purchase the bonds and, in such case; the deposit accompanying bid will the bonds mentioned Moore water These and system terest Le¬ year,, came several hours after refunding bonds at a price award will be made on the basis the judges handed down an eight100.052, a net interest cost of of the lowest net interest cost to point memorandum setting con¬ Springfield, Ore about 2.38%, on the bonds divided troversial financial items on Bonds Voted—At the general the city. Comparison of bids will as follows: $35,000 as 2^s; due be made by taking the aggregate which counsel for Richmond and election on Nov. 4 the voters are said to have approved the issu¬ $7,000 from Jan. 1, 1943 to 1947; of interest at the lowest rate Chesterfield had been unable to the remaining $15,000 as 2!/4S, due agree. named and deducting therefrom ance of $250,000 sewage disposal on Jan; 1/$7,000 in 1948 and $8,r On the main point at dispute— the premium bid to determine the plant bonds by a wide margin. 300 in 1949. amount of Chesterfield's net interest cost to the city. Bonds Defeate&e-At the same En-, the Federal income tax- law, his are State Treasurer's office. the gality approved by Dillon, Vande- and commodities furnished by the the bid is subject to the condition ceive sealed bids until noon on municipal light and power sys¬ tem so as to provide revenues such cost to be that, prior to the delivery of the Nov. 21 for the purchase at dis¬ sufficient to pay, as the same shall .determined by deducting , the bonds, no law shall have been count of $300,000 series C high¬ become due, the principal of and total amount of the premium bid passed by the United States Con¬ way reconstruction notes. Dated interest on the bonds, in addition from the aggregate amount oi gress purporting to subject inter¬ Nov. 21, 1941, and payable Oct to paying as the same shall be¬ Denoms. $25,000, $10,interest upon all of the bonds est from the bonds to Federal In¬ 31, 1942. come due the necessary expense until their respective maturities come Taxes. At the time of de¬ 000 and $5,000.' Notes will be of maintaining and operating the as to No bid for less than all of the livery of the bonds, the Port will authenticated genuineness , funding bonds. Dated Dec. 1, 1941. Due $75,000 from July 1, 1943 to^ 1952, bonds maturing on and after July 1, 1948, are callable July 1, 1947. Prin. and int. payable at '^' ' : 1 ' v CANADA i . 1 THE COMMERCIAL & FINANCIAL CHRONICLE 1100 Tuesday, November 18. 1941 ' -•v ■ General RAILROAD Corporation and Investment News PUBLIC UTILITY - Period End. (Including Wholly Owned Subsidiary, Terminal Shares, Inc.) "'Net Earnings for 9 Months Ended Sept. 30, ' ■ disposition Miscellaneous income .. -'•! 4,966 ^ 187 . % and expenses and — discount and expense Amortization of bond Bond plan readjustment had income tax— Earned Net sale of from _i. >^7.';;..and expense applicable to such bonds—i. account— Paid-in surplus bonds Balance due i 1940 etc., U. S. dollars S. figures transactions in and dollars.—V. due include foreign 1940 in after to restrictions earnings for countries, of 1940 1939 897,943, Operating profit- the from 521,800 ' - • Total 1938 (deficit) Sept. 30, paid-in surplus $41,146,625 par listed stating Net 22,406 & $242,020 "$1,410,548 Common 97,202 112,215 .♦After $339,222 960 15,190 • Sept. 30— revenues— — 126,500 89,500 profits tax. interest 3,135,000 8,655 7,999 6,320 sh. per of 154, $2,783,967 $2.34 $2,080,446 $189,533 $1.75 $0.16 Nil Federal 4 Net $4,803,506 $3,399,573 $2,204,374 Sept. 30— 1941—3 Mos.—1940 1941—9 Mos.—1940 "On S. $3,513,998 and $969,784 stock.—V. 121,113 1,040,600 491,900 204,500 taxes $1,556,849 $2,106,234 ——— *$3.38 share—— $0.57 $1.80 in and in and Total $48,691 Period End. Sept. 30— v ' Earns, sh. per stock of cap. v;. ♦After $0.35 -y;; Commercial 'Earnings— • ■ Alcohol Operating ' 3 54, all Expenses, 1940 $1,584,151 ' .172,773 103,821 Federal yy/ 182,668 161,728 income —— 151,005 244,833 36,500 _——_ taxes 2,174 t$288,107 . $415,897 ♦Adjustment of reserve—. 117,900 ''i', .W Sub. profit .Earned $183,577 74,609 74,668 $407,455 30 Sept. $108,968 V t$262,575 818,948 1,306,956 $ Earnings deferred to share— per estimated profit $0.42 Nil sales and storage 'tLoss. delivery. $1.79 — on *On 260,943 ; V. 154, p. 145, $6.67 y bulk of of shares !• American Hide ' ' > • 3 Months Ended Sept. 30— ♦Net profit 1941 — $$139,117 fEarnings . *After mon share.——— per depreciation, stock.; income JLoss.—V. $0.37 taxes, 153, p. etc. 1122. tOn 584,950 *After income 1941 and excess 808,674 share—: depreciation, and excess profits shares interest, ' taxes. §On before tAfter 806,697 shares 154, foreign foreign p. of and and Federal capital §$3.85 , 9 Months Ended fOn Co. of Illinois Sept. 30— r- (& Subs.)— v;.' ^''M.. . ' ' / - 1941 ?■;' 1940 •Net profit-—-J—$1,107,917)- $1,174,615 Earnings per share of common stock ; $0.84 $0.89 "After based <:<;■ on charges and provision for taxes. Revenue Act of 1941.—V. -cr =• $0.17 profits i Provision 154, p. 1049. for taxes in 1941 ' ^'x and for Total - rj': $38,135 in $65,434 in 1941 1941 and by for reserve 43,532 doubtful $35,783 in 1940 and and $46,669 in 1940. reserve ^After of $1,402,628 in 1941 and $1,325,827 in 1940. for depreciation and obsolescence of $30,877 in 1941 and Inc.—Earnings- share per 1941, "After depreciation, stock com. etc:,: Federal • ? 1940 $672,265 of in J941.—V. 153;,p. 543. taxes.— 1939 $771,242 ♦Net 1938 $1,063,298 30, $1,035,833 amounted to $3,864,656 comparing with $2,284,331 1940.—V. 154, p. 905. $513,941 $2.51 : income 1939 !i ; $391,376 $1.91* $2.16 - and'excess profits tax tax: - v&w, ~y-.y • A * per and share. • Period End. Sept. 30— all $117,585 —V. as dividends, against 57 net cents per $1,312,494 were share in the 1940 $0.67 depreciation, shares 154, of $1.17 Federal capital income stock. period, and *1940 X $3.26 excess figures profits have $2.8o taxes, been ton adjusted. 147. p. Expenses Depreciation or profits taxes,' 1941—9 Mos—*1940 $1,148,690 $1,005,737 $413,556 $0.94 share—.. Co.—Earnings-^- 9 Mos. Ended Sept. 30— Gross profit 1941, net earnings totaled (State and Federal) and after earnings $891,952 $1.21 excess Corp.—Earnings— $331,603 Bower Roller Bearing 30. taxes $1,618,166 $0.30 1941—3 Mos.—11940. profit 352,418 . Sept. 1941—9 Mos.—1940 $397,670 Bohn Aluminum & Brass and 1940 $1,455,142 3 Mos. 1941 share of capital stock— ♦After depreciation, interest, Federal Income and and provision for contingencies.-r~V.. 154, p, 330> ♦After 1941 (& Subs.)—Earnings— Sept. 30— profit tEarn, .per , After incl. 1941 Other (& Subs.)—Earnings— ' ' 1940 *:/. 1939 ' v 1938 1941 1940 $2,670,857 —— 322,379 $1,692,546 271,493 - 179,397 200,119 —$2,169,081 ——— income Total $82,919,923 $44,627,725 $26,796,704 $37,686,815 $1,220,934 _____ Federal 68,074,091 36,924.377 23,248,845 1,849,018 1,849,597 1,850,651 defense income deprec profit $12,992,004 _ $5,854,329 $1,698,262 $1,091,727 432,819 „. 253,952 139,717 Net Earnings per share of —V. 154, p. 147. $13,424,823 and $6,108,281 1,265,026479,809 j 618,018 Pa. -*-*; $1,216,994 541,712 Net Earn, profit per i y "Loss»tt-V. com. 153, > 385,800 160,277 881.463 Month J 916,550 643,628 Net 333,605 $1,213,880 *$614,624 *$503,322 $3.64 p. stk. Operating Total < "A y.X':. X $2.76 : "y -i'.\ ; yr. '* i of September— , I •> y'j •• J • »» < ' ,, j, 'K''\ j '■ 'u ■!' ' t , 1941 - -•< 1940 573,700 income —V. 2,880,024 1,548,705 $1.04 Nil Nil before 151, p. 3083. j taxes $7 723 y y -ryy Carolina Telephone ■, & ' • S6 903 y- Telegraph Co*—Registers with SEC— See "Chronicle" Nov. 13, p. 1022. 1268. Barker Bros. Corp. ^—aX- profit (& Subs.) Earnings— 1941—3 Mos.—1940 Sept. 30— sales $826,569 $3.10 ——_ Braniff Airways, Inc.—Earnings— ° $3,910 222 _• sh. X 418.000 $930,436 • , 652,735 . ■ taxes,———, X 6,700,870 interests! $1,837,979 ; stock 58,145 1,216! 133 —^ _____ common 23,635 • $1,244,569 y— profits taxes excess — '• 35,633 facilities____—^V and ' *.■ V,( $2,204,714 profit 125,267 expenses^.—i—I' Minority - — 34,744,438 1,853,828 - —————— income Amortized sell., exps. —_ gen. income-——— income $4,330,847 : 1941—9 Mos.—1940 $3,218,839 $10,868,462 $8,845,266 433,481 159.505 719,908 230,093 457,984 . income 187,044 801,289 Champion Paper & Fibre Co.—Offerings Deferred— ' ' The company announces that it has postponed, for the present, its offering of first mortgage bonds and cumulative convertible preferred stock which was tentatively scheduled for Nov. 18:—• V. proposed 154, 315,967 P- 860. • )'A./y;y. .-;:y.;.: ■; yy-y,. .'-.y Federal. income & excess profits Net Earn, —V. . $4,839,085 tRepresented tAfter 1940. profit ——.TlUii Earnings $42,098 income stock. $6,328,763 shares par depreciation . Net Investment taxes. Sept.'30— sales, Period End. /• excess "Net 1940 : Federal 1001. for reserves Period Ended 1941, 30, ended Others income—.. 3,106,831 t$3.87 but etc., taxes. of capital stock.—V. American and 1940 $1,480,847 per —_ of Cost Miscell^-, 1940 ' accounts of of no 39,332 shares in period End. 8ept. 30— $4,451,964 : profits Earnings— Sept. , 3,130,549 _— per income $994,877 Interest " $5,472,511 _ Earnings Co.—Earnings— Federal were Salefc « com- yy ■?. 465,032 and 1,400,073 1,220,889 $62,600 in 1940.—V. 153, p. 1123. Nil shares of ,i 30— •Profit profit HAfter Earn, preferred Prov..for Fed. 9 Mos Ended Sept. Nil by 1941 discounts reserves t$184,889 $0.03 on long-term contract estimated fLoss.—V. 154, p. 146, 1941 of as share, 12 Mos. End. American Home Products Corp. (& Subs.)—Earnings— tNet $19,030 Nil of $200,000 months before Operating " /- t$3.350 / Baldwin Locomotive Works X 1940 $278,323 . , ————— 1,384,381 1,396,341 — 1932 ——— in 1,757,200 Drl48,G23 154, p. 537. Prov. Co.—Earnings— — 4,288 1,757,200 Drl64,493 cancellation Operating profit stock.— common surplus 56,317 ■ " whiskey subject - Leather & nine for per admin, . assets the allowing 1 "♦•For $213,968 $0,37 834,787 «.y. for 54,823 371,755 4,660 _ treas. 194.120 197,786 . surplus since Dec. 31, and notes 2,774 Corp.—Earnings— liabilities $2,373,438 f$187,907 66,342 — suplus 7.4,170 approximately $4.19 For —v. Net .. taxes.— - $533,797 — in ♦Represented shares Earnings for the quarter ended Sept. 30, 1941, after all taxes, includ¬ ing excess profits taxes, were $823,468 available for the common stock 100,200 . dividends preferred 30,900 •" ' — — 10,056 Autocar Co.—Earnings—- or "Profit 36,259 3 Months Ended Sept. 30— Net earnings before taxes 'yy .|30,716 $152,677 165,614 yy — 5 t$138,574 65,139 23,462 "Net 244,147 reserve "/Profit" J———— ' $110,405 61,028 23,185 Sept. 30— depr., etc., after Current 217,363 $300,000 381.133 ' ——— 241. p. current 1 $1,000,000 payable—- held Earned 1,362,643 —•_ miscellaneous for $80,863 81,192 $627,519, respectively, on Sept. $1,538,220 1,166,970 ——— Depreciation $1,756,924 1,265,813 — —— Provision $2,217,497 : — tShs. September profit before Federal and State income taxes, was $114,665 against $158,766 in Sept., 1940. $1,434,399 176,473 192,983 $4,839,085 taxes 96,957 22,951 but bef. Fed. Inc. txs. 1939 $2,041,024 etc. •interest Profit 86.215 $6,328,763 — Blaw-Knox Co; Subs.)— (& 734.387 ' 26,970 ♦Common stock t$235,531 100,223 $392,281 income 70,790 779,506 196,881 Total charges and Arundel 1941 —— income Total Corp. branches Miscellaneous liabilities $0.80 154, p. 145. and i ——— Capital $10,182 105,901 * *After fxYjYYYYyf' income income ■ t$25,038 9. Months Ended Sept. 30— 1941 •Net profit ——i._y—$203,709 Earnings per:Share of common stock___ $0.88 'Y * $0.91 ■ ; 9 Mos. Ended Sept.,30— Other ' —_V—— 9 Mos. End. American 1938 1939 121,756 gross 183,073 L Bliss & Laughlin, V. $0.25 Federal income taxes, etc.—V. depreciation, :1940 $270,525 percentage of completion basis. on .,1941-r-9 Mos.—1940 $633,931 ... $556,700 $244,708/ ": $173,049 ,.v\"-M-.-v"..' ——— f „Y- - ■ 1941—3 Mos.—1940 *Net-profit •' 2,953,569 income ♦Includes t$0.16 181,073 cos.__ Liabilities— $2,718,038 3,641,032 — income 2,594,358 54,678 mills charges Accrued $3,651,214 profit —_ 44,772 3,251,513 ; affiliated 863/)96 27,519 : advances In 1,504,033 y Accrued expenses, wages, etc 3,773,825 Anchor Post Fence ;^Vhieric|]| jfSoschjCofrp.—Eamfngs— inventories $67,511 100,040 rec.—trade receivable notes ' ^ 1940 ■ $206,549 interest—— acceptances and > Notes payable $3,748,787 Net profit » 1; trade transit assets—active after 1941 4,701,979 Earn, per sh. cap. stock 1049. p. & in assets—inactive mills— for tOn 361,836 shares of capital shares of common stock. and accrued notes $1.51 charges Federal 158,016 9,600 $964,283 t$3.21 t$4.30 . Other Interest 1,165,360' 914,478 97,258 154, 114,638 $817,789 1941 *$4,972,504 expenses Operating $1,381,667 $2,204,374 1,367,991 & securs. hand on accounts 114,425 61,233 per Sept. 30— Other income 1,812,250 574,848 t$227,33I 230,354 t Before Federal taxes. Goodwill $309,081 $0.77 „i. sales Cost $1,381,667 obsoles.— profit Earnings t$329,698 256,740 .\'V 1941 banks, Deferred American Type Founders, Inc. (& Subs.)—Earnings— Net ilying $5,020,317 income 44,019 254,680 tIFixed Co.—Earnings— share 6 Mos. End. 6,731,122 !——— and ; "14,700 ♦49,625 Other assets "After depreciation etc,., Federal income tax, provision for excess profits tax.—V.: 154, p. 148. . 8,432,723 216,811;)'! Interest :" *$278,893 dividends in Invest, . 11,752,590 income Deprec. ' 55,806 35,558 , 290,000 : prorating 1940 Federal taxes, Merchandise "$1,409,728 $411,627 per Total Total $286,050 V $422,245 tAccts., 953. p. profit Earns, 1049. 14,590,263 equipment • 20,383 $421,063 Assets— Cash U. 9,366 stk. com. Period End. "Net -=1938 $8,112,789 —U— sale on profits taxes §Fixed at indicated 1941 1940 1939 •• $19,393,769 $15,152,163 $10,637,097 . -Profit Profit 13,838 $265,667 ■ 17,043 > 57,584 ".SIT ! Comparative Balance Sheet Sept. 30 15,575 668,500 ' Operating ! 741,711 ' "$1,298,333 $2,758,561 1,5*96~000 American Stove (& Subs.)—Earnings— American Airlines, Inc. Expenses 1938 • $1,007,378 ; $404,020 75,003 $399,940 $ income profit Accounts 9 Mos. End. $324,937 , 57,842 Fed. excess 44,555 $7,524,333 •Loss.—V. total (earned and paid-in instead of $76,869,562 and $35,700,532, respectively, shown above.—V. 154, p. • taxes, a taxes._ profit Earn, 35.700,532 1941 owned securities $109,370,182 be would deficit 849,342 $781,904 Miscell. Sept. 30. 1941, would be $150,539,213 and the surplus) : 1939 $1,253,362 940,287 $745,1451 36,759 — deductions for Prov. 653,488 $2,714,006 excess Minority the bonds of the corporation held in special value, the (earned surplus) deficit balance at and their at of basis quotations 1940 $1,265,224 1,220,840 Income Other 9,814,379 prior <:—•——•,v. -—— income—income $41,169,031 the Note—On accounts $2.31 Depreciation $9,057,319 676536 —— deductions Fed. : - of issuance Total / Federal 1 market excess income 78,569 Miscell. (659 shares) for interest coupons 1950 and $1,133,899 $2.84 End. Sept. 30— 1941 operating profit$1,965,985 $7,445,764 income $337,013 ;; $0.36 $1,369,575 Federal "ftnd Canadian income profits taxes in 1941.—V. 153, p. 387. Mos. Net Other 1938 $2.67 : : . ? 1939 ; interest, . a- 499,303 Subs.)-^Earnings— 1940 $1,302,643 stk. com. depreciation, Expenses which Other emergency ——_ $0.09 Belding Ileminway Co.—Earnings— Gross Subs.)—Earnings— 1,109,176 —— $0.26 ; ' 1941 — sh. per After 9 on foreign all of $35,518,454 $18,966,246 $11,863,460 26,464,211 15,354,297 10,942,904 expenses facilities - • •— earned * minority interest, " Total $0.32 154, p. 536. * 194'1 Sept. 30— sales and Amortiz. v $76,869,562 ——- received preferred conver. stock from taxes, J , profit Earn, • 3,552 —- :y:'L ';;y 1941—1 consideration of Part 1, Jan. Balance, 1? " —_ ; _J 1941 Sept. 30, (deficit) Balance v • U. $28,723 canceled, less unamortized discount purchased and ," 1950 The from realized in Depreciation 358,400 (on basis principal amount as cost)—— Excess of principal amount over cost of $658,000 bonds due 1944, $277,000 bonds due 1949 and $996,000 bonds due of ' and Mo^Ended Cost 1— $77,753,313 .l—.—— U. S. Treasury bonds $32,150 been Gross , —;L. account income from profit Profit 1, Jan. : account— 1941 (deficit) surplus (deficit) Balance $0.54 in $81,475 stock com. Operating profit $358,400 profit ^.lllt.11——' ' 524,400 $0.45 American Steel Foundries (& 67,500 — 9 ''J Net 523,400 $0.13 realized 1939 1940 in¬ $101,068 .' 9 Mos. End. Sept. 30— z 503,707 expenses-——— estimated Federal for Provision 524,400 $0.27 been share per 1941 Fed. etc.—. 154, p. 425. ♦Net 523,400 funds. subsidiaries 189,836 _ not of tax, deprec., Bausch & Lomb Optical Co. (<& $282,233 profit figures for 1941 include all income from whollyforeign subsidiaries and from transactions in foreign countries have transfer 137,200 _____— —, '$233,213 Note—Net which 41,078 26,369 capital stock, social security, etc., taxes Franchise, General expense ; stk. outstand¬ cap. owned ; — — Earn, ■■■•; after profit come 154, 1941—9 Mos.—1940 $69,786 - "After depreciation, Federal income providing for foreign income taxes. paying agent tees interest tLoss.—V. Net (& Subs.)—Earnings— 1941—3 Mos.—1940 $142,404 ——— ing (par $18.50)_. Earnings per share trust counsel trustees' Trustees, profit Shs. -— —-— charges. S Period End. Sept. 30— ♦Net ——. $4,039,406 bonds--.,—:——2,694,736 Interest on purchase money debt——————_—__•_' 7,146 Other interest : —1———— 55 Registrar and transfer agent fees and expenses—-—— 13,380 collateral on other and American Safety Razor Corp. $4,034,253 .—_ 1.-1— income Total Interest depreciation Co.—Earnings— 3 Months Ended Sept. 30— t$297,353 $50,869 —V. pursuant to supplemental indentures dated Aug. 30, 1941———; :— Interest accruals on securities pledged as collateral: i:' On U. S. Govern. securs;. under purchase money debt— for interest, 1941—9 Mos.—1940 $74,578 241. p. received or receivable in cash by trustees held in trust, $260,796 MISCELLANEOUS - Baldwin Rubber 1941—3 Mos.—1940 1941 pledged as coll. or otherwise securs. on Sept. 30— income ♦After Income—Dividends INSURANCE - American Ice Co.—Earnings- Alleghany Corp.—Earnings— .* INDUSTRIAL - per 153. 257,300 47,885 369.100 $200 684 $139,159 $432,189 $242,267 sh. p. stk. $0.89 $0.53 $1.70 $0.62 Evans 73.700 —— taxes profit X com. 387. — Products. Co.—Registrar— "'yX'';' Company has notified the New York Stock Exchange of the appoint¬ of the Marine Midland Trust Co., New York, as registrar of its common stock, effective at the close of business on Nov. J 3 V 154 ment p. 1053. i'y r ,r* if t: ; t i'; v 1 a!" i' Volume THE COMMERCIAL & FINANCIAL Number 4008 154 Gross sales Gross profit before companies and Queens Borough Gas Similarly, ■ ... sold ,, —-™™...l—„v™— Total etc.— income taxes excess -profits 343,000 $1,638,849 - 100,054 103,944 $755,204 $3.20 $757,109 $3.45 $938,394 $3.35 share per "Foreign stocks of. com. resulted operations profits -of in $125,222 in that was Period— 1.12 /;•T/'-v'V X:% Ended Sept. 30— income from ,/ "• , f; 1949 4941 -'"i".4.profit before '■ '*'• Net operating Miscellaneous 5,431,017 ^ ' Total •.' « before income Amortization loss for Prov. '.'Corp. in equity Federal for •Includes income profits above ;>: tax. provision for excess does $8,719,882 1941, 13, 1022.—V. p. 154, f 795. p. during the period.—V. Shs. of — stock com. "After income 7,431,796 ^ $0.20 7,432,027 $0.70 share per 7,432,027 $1.98 and and profits taxes.—V excess 1131. p. (& Pyeatt's and 1940 $3,725,013 2,810.305 general 119,050 :422.309 273,059 for impairment of from for possible loss Federal 297,695 investments in and affiliated income 30,008 companies taxes , tenant mer , loss Net 32,879 3,635 3,490 receiv. from for¬ on acct. —; $88,797 Consolidated Balance Sheet, Jan. 31, not should you disinterested Alleghany of by S. J. but is Corp., Pyeatt, the solicitation understand advice for attempt an the that to of owner that: the benefit upset the majority a into Missouri written was known is not the as Pacific RR. the present Missouri whose on the and RR., operator and owner Pacific letterhead has of plan of the and communication of the properties been such since not which time the title to the properties passed to trustees in bankruptcy, and the board of directors, of which Mr. Pyeatt is chair¬ 1933, at man, then ceased to have control of the railroad's property or its operation. The bankrupt company which addressed this solicitation ta you, therefore, is merely a corporate shell, owning no property or assets and representing only the Interests of the stockholders who elect Its officials. The majority of its common stock is owned by Alleghany Corp., and Mr. Pyeatt, Its nominee, is not and never has been an operating officer of the railroad itself. "Alleghany Corp. through it domination of the bankrupt company has fought the adoption of this reorganization plan by every means within it its the ICC and the U. S. District Court.../It has point, and the old Missouri Pacific stock which before power has on every been held , worthless by both of those tribunals. Its stock having thus been found to be of no value, it has been denied right to vote upon the plan of reorganization as a stockholder, and Mr. Pyeatt's letter Is merely an endeavor to upset the plan in the owns interests the hope of later holdings." With does not accorded treatment ;• intend the Alleghany ' '( to minimize the Stedman committee the of seriousness the that problem says tax affects which not only the Missouri Pacific but all reorganized rail¬ it points out, the possible taxes described by Mr. Pyeatt theoretical, no ruling having been given by any Govern¬ But, wholly are improving. Uhe respect to the tax situation, ment authority in the Missouri Pacific case, and are based upon inter¬ pretations of the law which the committee believes to be unreasonable and inequitable. .;v -■ -V.v "The correction of the tax situation,", says the committee's letter,'/depends upon an equitable determination of the tax base, not only for the Missouri Pacific but for all reorganized railroads, and can be accomplished through a ruling by the Treasury Department or through appropriate legislation. Members of this committee, together with lative of remedies.- the security holders correction will be made. a and Discussions with the Treasury Department have been begun and must be have an informed view as to security holders. one any "You continued further before the ultimate effect upon can be certain may other of managements currently seeking such administrative or legis-4*inequities are so evident that the committee is are The that this - . will do committee everything in ' v its is not subjected to unfair taxation/' The first step is obviously to ascertain what relief can be obtained through such administrative or legislative action. In any event, a rejection of the plan would neither meet the tax situation nor benefit the first and refunding bondholders, but would merely delay indefinitely the termination of the bankruptcy."—V. 154, p. 1055. / to power that see the property 5,737 States Mountain "$29,976 Telephone ^Period End. Sept. 30— Operating revenues "Profit. 154. p. 956. is misled stock of the old (now bankrupt) Missouri Pacific RR. substantial amount of its unsecured convertible debentures. a "The 122,476 416,156 expenses be bondholders of signature bondholders: not interest, own letter the over its may common of hopeful that 1941 RR." advises you refunding benefit the representatives Subs.)—Earnings- amortization Prov. for 7,431,796 $0.88 . tines, 2,878,158 depreciation, amortization, reserves and provision for Federal and $2.27 . ($1 par J Earns, 153, Playhouses, Inc. Provision profit $1.33 Greyhound $3,631,125 receivables 1941—3 Mos.—1940 1941—9 Mos.—1940 $5,792,733 $2,069,670 $16,457,071 $8,305,639 Period End. Sept. 30— ' 2,765,909 $1.89 income Provision "Net $6,462,767 2,693,409 of Pennsylvania income net 2,630,520 $3,704,181 Interest Curtiss-Wright Corp. (& Subs.)—Earnings— . for roads. 1,745,274. stock of which is owned by The Greyhound*, $546,126; 1940, $487,898; 12 months Sept. "Stock based upon the average number of shares $621,309. Administrative Nov. in equity Depreciation "Chronicle," $5,449,455/ $9,093,288 Rent sec— See "Mr. first 104,570 of Years Ended Jan. 31— Registers with — that bankrupt railroads, Gross Ltd. stocks $5,418,640 2,790,076 Metropolitan • Amusement Co., to shares outstanding— common outstanding not include 1940, to comply with the retroactive provisions of the Seeond Revenue Act of 1940, approved Oct. 8, 1940.—V. 154, p. 1051. Sept. 30, Consolidated applic. tlncludes y. tax 296,505 83,142 Inc., 50% of the voting Corp. as follows: 1941, $1,391,766 set up in the last quarter of 1940 in respect of the 9 months ended 4,538,191 1,969,548 2,175,815 30, profits 539,880 ' 183,773 •It. 94,267 „—L—_ "?Earned per share of common ' Note—The profits tax—— 1,821,531 1 —_____251,309 tNet applic. to stock of corp.—„ 2,725,236 $6,277,433 349,856 2,006,154 . income.—iL—$7,594,455i Aver, taxes_£.__ $12,186,906 $11,445,117 1— 257,575 421,605 3,757,599 property subs, consol., held by public™,.— . 60,000 taxes—"5,909,472 income $8,219,035 $16,870,061 146,654 328,076 taxes income Net 64,361>, r intangible tax_'__y_„.1. deductions Net 592,301 256,421 , 6,972,076 Pacific committee order voting against your it 2,127,818 830,963 —r— excess 2,906,627 in Celluloid ™-rL'i. invest, of income Net -— ol income Other $14,198,344 — — Federal excess State ■ M $16,180,916 $14,289,598 debt income Amortization 56,644 n 12 Mos. End. $7,626,729 $15,538,598 592,306 1,331,462 —988,754 — Federal income 67,887 ' —:— — ; other _r ; Provision ™.— expenses——; income before Federal Net / debt of ■; -■- w— and debentures 011 ?'*"• depreciation Depreciation, Interest of pats.) acct. on ' 1 "In been defeated 3,613,994 4,091,841 Sept. 30 3,921,685 $13,209,589 revenue income Total •♦1^ •—Tt—ri—~ depreciation-" $16,116,417 $14,165,067 net_-wiyi'„_-^^;Lt^iii._^^-*/;v;64;499 income, inc. .(settlements Non-recur. • operating Interest ' r Net Other deprec.— $20,208,258 $17,779,061 before operations and adminstrative expenses. general Selling, ' (Including Wholly Owned Subsidiaries) > Months 154, p. 751. "Missouri by Stedman Electric 1941 1940 Sept. 30, *41 $56,246,492 $41,388,239 $70,505,897 29,839,825 47,995,223 37,605,884 — — Gross & Gas establishment of fraud or bad faith.—V. 110 Operating expense Depreciation Celanese Corp. of America—Earnings— "j:L-' As Borough Queens Operating revenues period; 1941 of the bankruptcy. The railroad's tax problem, the points out, is inherent in the tax law, and will have to be metplan is adopted. Referring to a circular in opposition to the plan sent to bondholders Co. 9 Mos. End. $106,550 for 1940 period, and $55,624 in 1939 period.-—V. 154, p. 1002. j Island Long Greyhound Corp.—Earnings of System— ' i held court that there .f 554,019 dividends _™™_„— Lighting the at Co. termination letter whatever plaintiffs 118,011 777,796 the has been damaged by the sale of gas to Nassau & Suffolk Co. to the extent of $378,020 and ordered a judgment for that amount. The court added $1,610,424 666,982 Suffolk & prices higher than was fair. asserted, plaintiffs consequence, The .300,000 $1,522,240 tax^,. ' Surplus Earn, 358,000 dividends—™™™™— Common . 3,067,795 13,144 587,000 _ profit Preferred 3,586,625 Cr36,042 « charges Federal "Net $5,049,363 L/ Special Federal $6,076,432 to added, Long Island Lighting profits were abnormally high at the expense of the other concerns. "Upon all the testimony," Justice McGarey wrote, "it is the opinion of the court that in only one respect did the intercompany acts and transactions fail to meet the rigid requirements imposed by law, and that is with respect to the price fixed for the sale of gas by thq Queens Borough Gas & Electric to the Nassau & Suffolk Co. $4,618,321 431,042 4,331,024 Crll0,427 -• income Selling expenses, ' , $5,694,895 381,537 724,000 income Other $6,427,815 382,022 $6,809,837 — the the Nassau to the Profit the bought and sold among the Island Lighting Co. had induced sell to it at less than production was gas Long Electric & 1101 costs, thus reducing the profits of Queens Borough Gas* & Electric. •' * *. 4,736,697 118,376 5.827,615 132,720 charges——6,591,418 ™™.™__—163,603 plaintiffs .charged that that the three 1940 1939 •' $15,170,882 $12,526,959 $10,244,628 30—1941 9 Months Ended Sept. Depreciation The Subs.)—Earnings (& Brunswick-Balke-Collender Co. , CHRONICLE 3 941 Assets—Cash, $363,444; notes, accounts and accrued interest receiv¬ sundry receivables (not current), $829,426; investments Uncollectible rev. oper. Telegraph & Co.—Earns 1941—Month—1940 • 1941—9 Mos.—1940 $2,553,168 $2,303,505 $21,925,894 $20,043,394 7,607 7,284 69,174 66.001 , able, $446,247; General Gas & Electric Corp. ; ,•7 12 Months Ended Sept. 30— (& Subs.)—Earnings— ' , " Operating revenues—Electric Gas 1,922,765 ' Gross ice and operating water.. —" — Federal income taxes •i : period applicable to y '-' .^.41 other — 2,065,722 1,740,699 (deprec.) of fixed cap. 3,726,435 3,835,499 (incl, $164,000- in prior, years) /V-y ,;y . -3,166,517 $7,242,785 166,180 Oross. Income >:———r-.-.—---—1 $8,876,783 ;' Income deductions-^Subsldiary, companies- $7,408,964 Income . (net)™—™—————— due within ;.v b. Debentur.es - 7Ay —• 424,104. v, j.i/-. Amortization of debt.dlscount and: expense-—' Taxes assumed on interest.— Michigan Bell Telephone Co.—Earningsperiod End. Sept. 30— 1941—Month—1940 ?' i paid or y. vj^- Net operating Net-Income ^ —V. 130,276 General Gas" & ■ Electric Corp. -■ scrip___^.i.2—y-lL.- for Interest on prior years——2— debt to associated company.. interest Other 816,133 ! 22,296 f 39,972 v 19,146 $760,128 ;>■- 39,972 Statement of Income Total income 2—'— : General expenses Federal income Other 131 V — : ——... . $570,156 (Parent Company Only) C 'J 112 Months Ended Sept. 30— \ 3,873 —$1,925,036 income Net 150,000 150,000 : . $403,172 -2- Interest trustees The income $978,230 $708,288 $8,277,070 ——_ 961,306 696,895 8,185,719 25,052 32,011 39,972 39,972 150,000 130,000 Interest Other on "Net „—„_2———— scrip.—— interest for -prior charges of shown "outstanding 154, p.. 430. , the company by Physical an 154, and recovery urged Period End. Sept. 30— ' "Net • .... outstdg, ^'.Earnings • . ; . ' :1941—3 Mos.—1940 — $16,962 *•>. 378,680 -' 378,680 profit ...—* - $229,414 of "capital stock Shares trustee The eral (no par)— per share—. J..$0.61 $0.04 result a court orders have of Pacific Missouri RR. has been authorized by excess purchase operations carried out pursuant to previous $968,000 par value of Missouri-Illinois first mortgage purchased $0.68 depreciation, interest,, etc. (and surtax in 1941). 1941, . including $205,298 cash, amounted current liabilities were $440,308. This compares with cash of $358,409, current. assets of $2,395,850 and current liabilities of $440,308 on Sept. 30, 1940.—-V. 154, p. 797. "After Federal taxes, • ... . Current assets as of Sept. 30, to $3,802,036 and " Long Island Lighting Co.—Must Pay $378,020— and retired, leaving $1,769,500 par value to extend the 30, the maturity Reconstruction I rights '< V . - „ N A preferred stockholders' suit to recover $2,000,000 in profits al¬ legedly made through intercompany-sales of gas by the three cor¬ porations that constitute what, is known as the Long Island lighting system resulted Nov. 5 in Supreme Court Justice Francis D. McGarey directing a Judgment of $378,020 on the ground that only one inter- transaction had failed to meet legal requirements. The action, which was heard in Mineola, N. Y.f without a jury,. was brought against the Nassau & Suffolk Lighting Co., the Queens Eorough Gas & Electric Co. and their parent, Long Island Lighting Co. company $4,492,639 3,014,363 " " 2,768,805 2,158,968 : - trade-marks, and —— Total for ;I : — $12,170,146 i: 989,770. X 5X9 1,609,681 etc —— Liabilities—/;: 2,172,602-^ 1,081,406 2 " 1,609,681 $12,035,047: ■ $6,055,309 $6,055,309 225,363 tCapital stock Accounts payable Reserve 1Q40 ; $4,305,725 162,828 214,691 134,781 5,674,783 5,682,128 taxes Surplus - —-— - ' Total :i™ stock, $12,170,146 $12,035,047 by 57,133 shares preferred stock tlncludes notes.—V. 154, p. 435. and , = 63,034 shares ]'.-u. V ' , National Supply Co.—Bonds Called— : total A been of $100,000 called for of all but $500,000 of its $2,814,239 loan Corporation from Dec. 30, 1941, to — Net profit — Net —V. 152, —™__ sales The by J. adjustment mortgage bonds. The plan has been approved as equitable by both the ICC and the U. S. District Court. declares that a vote to reject the plan on the basis committee S. Pyeatt, meets 101 series, due 1954, has and accrvied interest. 1941—3 Mos.—1940 $48,626 $67,013 1 the ———- — 3353. p. ! '"'i ■ ? f • 1941—9 Mos.—1940 $172,912 $191,172 1,624,892 /? 1,500,731 , 1941—Month—1940 Chairman prublem of nor the changes in tax laws, as advocated bankrupt '"Missouri Pacific RR." and would delay indefinitely solves it, $5,465,268 - 154, p. 545. ■. New England Gas & SEC—Denies Utility Division Street Railway— company has .. ■ Electric Association — Answers, in Report of Commission's — Sells Interest in Worcester Allegations Public The 1941—10 Mos.—1940 $4,780,821 $47,081,794 $40,979,295 V\ • certain ;-:"- Newberry Co.—Sales— Sales —V. urging tliat it has been made unworkable by neither at Co.—Earnings— s (J.J.) Stedman Committee Strongly bondholders to accept the plan of reorganization which they are due to receive this week from the ICC, John W. Sted¬ man, Chairman of the protective committee for the holders of the first and refuding mortgage 5% bonds, has addressed letters to holders of the railroad's obligations charging that a campaign to defeat the plan, instituted by the bankrupt "Missouri Pacific RR." is an attempt to upset the plan for the benefit of Alleghany Corp., owner of a majority of the bankrupt company's common stock. The committee,, which has on deposit approximately $73,000,000 of first and refunding bonds, has also sent letters in support of the plan to holders of Missouri Pacific general mortgage bonds, convertible debentures, and secured serial notes, as well as International-Great fair and 15 :«"->C New Bedford Rayon . Urges Acceptance of Reorganization Plan— Northern Dec. on 909. p. Period End. Oct. 31— Strongly bonds 3Va% first mortgage redemption Payment will be made at the Peoples-Pittsburgh Trust Co., Pittsburgh, Pa., and at the Chemical Bank & Trust Co., New York City.—V. 154, Finance 1944.—V. 154, p. 908. , • ' 30 ———-" —— — Patent 1941, Missouri-Illinois had cash on hand according to the trustee.—V. 154, p. 867. Missouri Pacific RR. , 378,680 r: Balance Sheet June As of Oct. 31, of $660,000, Missouri-Kansas-Texas RR.—Asks Loan Extension— $258,280' $1.08 ;-Nil receivable tAccounts Fed¬ of been outstanding. Dec. 378,680 , —, for taxes And depreciation. .1 tRepresented Judge George H. Moore to appropriate $150,000 for retirement of RR. Co. first mortgage bonds through tenders. > . As from • * 1Q41 Cash 1941—9 Mos.—1940 $407,260 , - Missouri-Illinois RR.—To Retire Bonds— ity - 1938 $100,338 402,435-110,303 221,290 •,*. ?j • r- ,.j-^-i - j. . 63,034 63,034 Nil 1 Nil $284,938 401,055 7 ' Securities 908. p. Company has asked the Interstate commerce Commission for author¬ (& Subs.)—Earnings— 63.034 $0.88 : , properties common 2v,■ (Byron) Jackson Co. 78,791. vt- .L.i ' share—i-; Merchandise the Commission not to give "too much weight" to the carrier's earnings in bad years. He urged that the Commission permit total capitalization of nearly $105,000,000 instead of the $87,000,000 proposed by the examiner. He asked that the stated value of 719,319 shares of common stock be $100 a share, instead of $75 a share as proposed by the examiner.— $531,238 ' < 63,033 63.034- 5 1939 1940 - ' . $332,844 399,924 dividends.-™'/ Period End. Sept. 30— —v. \ i , 1941 Comparative remarkable a 1940, $2,960 . (& Subs.)—Earnings— > 399,924' par) -v_™<_ "After providing the proposed capitalization was too low but that there was no other major objection to the plan proposed by Examiner Ralph H. Jewell. He said the northwest territory which the Soo Line served had in $63,173 income Net h $455,611 dividends com. (no '... - proposed bonds 3,873 V L , 1941 profit Shs. 3,125,882 $3,514,543 2,713,322 $2,540 2245. p. Preferred 131 taxes 152, $6,640,425 . Inc.—Earnings— taxes > National Casket Co., Inc. 8,372,441- • $721,211 years^^^_-___l_______ debt to associated company.__2y2— interest-bearing on income ~v. $8,530,946 have objected to the $87,000,000 capi¬ Interstate Commerce Commission examiner in connection with the company's reorganization. .;!'V James L. Hetland, counsel for the trustees, told the Commission talization 134,748 Interest accrued on amount reserved for Federal f Dei36,765 before income 154, p. 582. Missouri-Illinois r. — $3,603,427 2,613,875 3,992,913 Accptc—— 91,905 17,414 r—--r— income Gross $7,596,340 435. National Airlines, _ $979,877 $257,152 taxes $1,655,305 $15,564,731 $14,211,233 947,017 7,287,661 - .5,680,287; $1,707,496 729,266 Minneapolis, St. Paul & Sault Ste. Marie Ry.-r-Trustees 'i * 103,552 y— taxes..—_2_— 24,327*490.; 20,923,194; 2,321,608 Object to ICC Examiner's Plan— V. 1940 1941 . ' 74,999 440,000 . 816,090 y. - _ charges— - $86,601 — p. Earnings per 71,005 84,816 Interest accrued on amount res. for Fed. income taxes 154, 175,043 accrued on preferred stocks Interest On interest-bearing , ' taxes— 79,848 $2,119,014 *' Operating 69,"719 100.000 Provision for divs. in arrears on pref.'stocks— income deductions.———— $3,976,913 $39,892,221 $35,134,427 2,925,769 :>Net oper^revenues!-. 415,369 440.001 Miscellaneous income— oper. income —V. 781,815' - Years End. June 30— 77,627 cap. railway fixed abandoned of 1941—9 Mos.—1940 $3,990,018 $40,040,921 $35,247,710 13,105 148,700 113,283 $4,633,265 Operating revenues— Operating expenses 71,561 •V »*. Interest charged to construction—credit——-l'__ Amortization Net .Net $4,651,308 18,043 revenues^.— Uncollectible oper, rev. 465,783 . Interest on debt to associated companies.'—2—: Other interest charges— Dividends Net taxes———■[- $799,583 414,226 $385,357 281,988 $868,416 ravenues™ Operating , 213,588 . v.,- $29,821;'note year, . 87,628 long-term debt..-—yj-.v—--_ Miscellaneous expenses—— Net oper. Common 4,082,087 333,904 4,207,215 Jong?tj?rni*debt: .mortgage.;bonjds_. Interest .on Operating $2,296,221 $21,856,720 $19,977,393 1,496,638 14,260,380 13,336,968 $2,545,561 1,677,145 revenues— . payable instalments due within one year, $10,000; long-term debt, $5,306,683; deferred income (rents collected in advance), $9,533;- capital stock class A (282,444 no par shares), $812,000; earned surplus, $623,811; total, $6,955,615.—V. 152, p. 3030. . * ' - - iC I, .. one Operating $8,764,230 112,553 Other . lands, payable and sundry accruals, $22,107; accrued $119,504; accrued taxes payable, $22,156; mortgage payable, instalments 967,748 2,932,569. . >vr^Operating -income. ' ; Operating Month of September— 1,793,215 .... leaseholds, $306,350; Liabilities—Accounts curr. taxes: ——i—— .'V ' ■' *. V,i , 660,798 companies, $6,955,615. interest 10,922,874 754,267 purchased for resale:.—,1—V™—- Maintenance...... Provision for retirement .. 1,783,933 12,363,962 expenses Electricity affiliated of and equipment (less reserves for depreciation and amortiza¬ $2,327,780), $5,336,585; prepaid and deferred items, $37,008; total, $32,634,349 $28,302,971 revenues Operating stocks tion, 1,735,769 2,193,599 — capital buildings .1941 1940 $28,517,985 $24,783,269 — Transportation, in filed with - the SEC answers to allegations in a report of the Public Utilities Division of the SEC, dated Sept. denies that the corporate structure of its holding company system is unduly or unnecessarily complicated or that its corporate structure unduly or unecessarily complicates the corporate structure of its holding company system. " In particular, the Association denies that the SEC has any right to hold,-for instance, that a holding company system does not con¬ form to the requirements of Section 11 of the Public Utility Holding Company Act of 1935 unless its capital structure consists of not • more than 50% debt and not less than 50% capital stock, or that such capital stock may not be issued in more than one class or, 14, 1941, In its answers the Association - THE COMMERCIAL & FINANCIAL CHRONICLE 1102 for that instance, unless 11 *lhe it is The \ conform first at to to by the sale of common money it maintained, is such Net though it may be found is nevertheless sinjple in even these, as Month : - r standards Northwest with Section stock to does not comply company raise • and there able to is no do so. tract between believe to reason to the As preferred arrears the denies The" Association the Association or its discontinuance or compared with $5,095,740 in Oct., Ohio Finance Co. (& Subs.) 9 Mos. Ended Net requiring dissolution of public utility holding com¬ a 1940.—V. 152, p. for losses, Earn, X ' txs. $516,713 $457,915 $457,428 $427,809 com. $5.27 $2.00 $2.14 .* XX:;:"XX':XXXvX;>. I ;.;X:-XX- 'X 1941—9 Mos.—1940 1941—3 Mos.—1940 : —_ $116,036 $114,724 $0.31 $0.30 , — $304,482 $0.81 v,,... .. ; tOn 376,208 shares.—V. 153, p. 402; V.152, p. 686. charges. Quarter Ended Sept. 30— : ' ! after deprec. & Fed. inc. . 1940 1941 . Earnings per sh. of class —V. B 154, Omnibus * 9 Corp-—Earnings-— \ , Mos. Ended Sept. 30— * Net of excess dividends income net likely to appeal to all interests as fair and equitable." - •». .. to received : *;* • 1941 1940 y * % the surplus).— 12,368 . '79,623' ; System Output— Gas a output England Gas & Electric Associa- 31, New Net reports electric output of 52,199,773 kwhs. This is an increase of kwhs., or 18.19% above production of 44,166,355 kwhs. for corresponding month a year ago. • Gas output is reported as 450,140 mcf., an increase of 18,582 mcf., br 4.31% above production of 431,558 mcf. in the corresponding month New England Operating oper. rev._ operat. Operating Net Net taxes —, Federal . New Jersey New & York Sought by Stockholders— .. . 3,098,893 371,948 itsr obligations.-H-V: 154, Newport Period End: Net sales 58$. p. 154, ' 1941 ' operated.——_ served Other 30,733 5,349 378,654 5,527 - Income— income Total 1940 ' *. $6,694,344 4,486 $2,389372 - -Registers with SEG Co.—Earnings—: Consolidated Income Account, 12 Months Ended Sept. 30/ ," 1941 1940 $36,082 uncollectible * Operating Other ■ 9,203 23,694 Federal Miscellaneous income 110,809 6,439 taxes— 222,459 - Net Net $265,522. $20,440 $536,114 $271,236 prolit capital stock 621.350 619,759 621,350 619,759* Earnings per share..__ $0.43 $0.03 $0.86 $0.44 Net profit for 12 months ended Sept. 30. 1941, was $576,108, as against $414,735 for 12 months ended Sept. 30, 1940.—V. 154, p. 248. 52,259,570 income ^ deductionsi. discount ings— The Central RR.—Ordered to Sell 32,082,761 for Federal to income taxes on surplus... Interstate Commerce Commission Oct. on subs, on that 31,924,368 6,525,319 merce Act. within 90 The ordered It the days. rairoad X. taken had railroad itself of divest to such 12 of would 21,677,626 7,914,683 25,397,443 7,909,822 12,522,548 1 2,522,542 —X stock-—-______X'X' the position the act be as strange in the itself authority for indeed," he said, 154, Commission had Estimated Net action. the Commission "if Earnings 'After could 6,261,274 $2.20 — 6,261,273 $2.79 ;. 589~137 share per a 38,537 245,474 . . : * .. 42,193 1834)43 $230,907 8200,227 '$1.05 t$1.57 com. on J X'. '$1.28 ?$1.19 on <430,948 shares (par $5) of common stock now outstanding/ 245,474-shares common stock (no par).^-V 154, p. 546,' 248, 180. . Months Ended after Sept. 30— ' , ; * - 1 1941 \ 1940 . charges, established and liabilities). largest S. for in after . . the three Jr.—V. providing reasonable nine months reserves for y.:,.;■ -j .■ and the history 154, Mack, aside on Months Ended Sept. 27, 1941 - $6,480,000 4,220.000 ' 1 $2.22 contingent X/,;, :.*/. • ended Sept. 30, last, were the of the company, according to President Walter p. 660. %. % y'..*.-/ 396,123 shares of capital stock. :: shr.__ com. interest, State {Revised (& Subs.)—Earnings- Income taxes. 154, $2,224,986 Nil $0.32 - v depletion, tOn p. 1941—12 Mos.—1940 $379,077 $0.89 depreciation, figure.—V. % 1941—3 Mos.—1940 $880,234 per 'After and Federal and State income taxes and* Sept. 30— profit fEarns. '$1,413,150 $3,57 —— End. , 'Net ....X of $1,253,780 for reserve 552,316 >; $40,326 sh. " Period , Nine ui—— after setting $585,266 1 Earnings for profits; 27,453; $426,363, . 'Estimated earnings, before Federal income and excess profits taxes, a consolidated basis,, including the old Pepsi-Cola Co., and in the tax 4.965,079 Mills—Earnings— no 83,124 33,898 $514,918 •J. Pepsi-Ci»la Co.—Estimated Earnings— 9 been 1057. p. 113,031 57,433 dividends—___ Pittsburgh Coal Co. X*y:;y, that 1,240,395 Pacific to make any finding except with regard to the ex¬ istence of competition. Joseph B. Eastman, chairman, however, quoted "It preferred stock—. common ownership ^\>''XX%X--;X*%y: $629,463 dividends )>er ( Sales jurisdiction Section on —V. X 184,821 X. 66,039 of the 1940 earnings on the same basis, including Loft, Inc., and. Pepsi-Cola -Co. combined. tAfter provision for current Federal income and excess profits tax (computed after deducting non-recurring losses of approximately $3,000,000 for which adequate reserves had previously 1,606 on of shs. of common stock outstanding Earnings per share of common steck— 60,073 $5364140: <* case V 1,973 No. X $661,847 ■ y; "Based* tOn on by public and Balance, applicable to Pacific Gas & Elec. Co. com¬ $827,520 60,680. : but before taxes—______ $12,050,000 Net profit after taxes—__ 17,550,000 Earns, per share on 1,898,570 shs. of cap. stk. * " $3,97 25,399,049 stocks held ^ y-;; ' 12,058,700> Dividends petition existed between the New York Central RR. and the Nicholson Universal Steamship Co. but that the road had a controlling interest in the steamship company, which was contrary to the Interstate Com¬ ~ $476,867 $601,167 90,524 **'<*'■ %>/%-<■ •%,";* stock Ship Hold¬ found 30 $1,151,320 Net profit •1 253,596* x 21,679,599 — minority int. in undisfcr. earnings for period— v ' 1938 185,000 Earns. -43,729,470 income—10,403,162 Balance v- ■ ■; and , 1939 $736,996 92,138, yv 270,818 Common 49,764,372 Dividends New York xse.42 , 1940 $1,059,182 < . 213,889- 11,877,003 - income Dividends of Shares * etc. fricome; X^._-i—--X—-_i-:X_ " 43,959/764 *43;983,068 Provision ; taxes Sadeii &4pl. 36:• (InclX'Suhi.li''X'^ 1941 ^ed. excess profits tax_ Miscell. deductions-./." <-16,440,726^ 15,626,4101 Net operating revenu- 43,745,875 Net f profit__: income Total, income </*-'. 397,332 amortization shares of {$795,993 r Nil" Federal' and common stock. 248. ■*:'.; contingency reserve of $2,000,000.—V, 153, p. 1138. a not by investigation inform itself and through a report inform the public of the singular transactions which the New York Central has seen fit to conduct through a weird assortment of holding comV panies and which involved among other things a great freight forward¬ ing company doing business over its railroad and over many other railroads of the country and a competitive water carrier on the Great Lakes."—V. 154, p. 868. Northwestern Bell Telephone Period End. Sept. 30— Operating revenues—— Uncollectible oper. Operating Operating Net Net Net revenues-? $3,261,481 9,939 revenues $1,071,214 taxes—...— 1,183,428 income.. t$112,214 operat. t'166,594 income 'After tLoss. $3,079,770 $28,426,228 $26,898,819 1,995,605 19,004,499 18,113,261 2,180,328 $1,084,165 . Operating revenues Uncollectible $9,421,729 4,547,091 $4,874,638 453,289 of $4,830,899 4,382,105 accruals 4,394,983 Sept. to of capital stock 'After Net v. p. ,154, which and in 1941 $326,598 248,,: , r ■ . - . , : ; X;■ operat. income.. $427,444 154, ■ normal tax 9 Net Mos. • r- Sept, share 30— 1941 • income taxes $487,800.—V. at * "$465,078 220,000 shs. cap. stk. on Federal estimated Endetl profit $823,984 V ' 1,473,072 V- 1 -:'; $9,242,279 13,930,988 $8,453,965 14,219,120, ' ■ 1940 $456,782 $2.07" $2.11 of $211,500 and Federal excess' 154, p. 248. y ;; .* .v.';- :*: tEarns, per 'After share.. (& Subs.)—Earnings— 1941—3 Mos.—1940 $519,144 t$1^36,698 $0.03 Nil in the first nine $1,770,838 t$l,439,064 $0.11 Nil months of 1941 amounted , ;*. X * ' to X Airways System flew 62,658,172 passenger miles in ef 1941 compared with* 38,093,061 in the same .period white route miles flown increased to 6,156,191 from .4,584,968.—V. 154, p. 1057. *..■: last American year . .*...: .. J*.-. •»., r •. * • **" - 294I :.' :** -v 1940 ■> '$990,532 * y $574,998 $0.66 $0.38 depreciation and provision of $1,686,58J for estimated Federal income taxes and excess profits taxes.—V. 154, p. 248. Plymouth Oil Co.- -Earnings— Shs. cap. Earnings 'After excess stk. per outstdg._ share— depreciation, profits tax.—V. -y-;;/•;!- 1941—3 Mos.—1940 . $387,747 1,035.346 $0.37 $232,368 ., ;X X:: X' ■: 1941—9 Mos.—1940 1,028,433 ' $1,0154)24 1,035^46 $0.23 $0.98 . $1,231,188 1,028,433 $1.20' depletion, Federal income taxes, etc., but before 154, p. 248. -'t .'i.'i. .i-t i.,;.;i.) ic- Service Co. of Indiana, Inc.- -Plans Refunding Operation— Output- the third quarter of ' X; • share— ' Pan American Airways Corp,—System pan 30—,'* Period End. Sept. 30— "Net prolit ——_ $804,347). ILoss.—V. 153, 15,000,000 shares of capital stock of no par value. 845. ' - common and State for normal Federal income taxes, depreciation and provision (which - 1941—9 Mos.—1940 'After Sept, ...—— per Public ,y,f.X' ;•(? r.-;V com. 39,069,707 9,578,012 1,240,058 203,283 1057. p. Packard Motor Car Co. $179,611 , Ended after deprec., Fed. income taxes, etc. per 'After 8,377,482 1,759,178 .... Period End. Sept. 30— 'Net profit p. . ./ 1939 1940 * $202,530 $1.37 ; $0.85 $0.76 provision for Federal income and excess the 1941 period amounted to $528,589.— . 43,033,706 4,309,899 Months Earns, $2,064,042 $18,820,291 $16,831,447 $2,186,622 revenues. income —V. etc. ————... depreciation taxes, 5,034,954 Pittsburgh Forgings Co. (& Subs.)—Earnings— 9 Net profit profits $6,373,941 $61,853,997 $55,901,154 $7,221,576 (: Earnings Net taxes. Noblitt-Sparks Industries, Inc.—Earnings— •, operat. Operating taxes 3,954,659 $496,012 Net tOn profits rev.. $8,785,558 588,153 charging full 9 months portion —V. 154, p. 545. Quarter Ended Sept. 30— ""'Net profit — —■ Earnings per share on 237,500 shs. oper. — 1941—Month—1940 * 1941—9 Mos.—1940 , $7,248,000 $6,395,541 $62,055,427 $56,081,704 26,430 21,600 201,430 180,550 Pittsburgh Screw & Bolt Corp.—Earnings— 1941—9 Mos.—1940 $3,087,123 $28,503,522 $26,968,116 7,353 77,294 69,297 $3,251,542 expenses operat. Operating rev.. " Telephone & Telegraph Co.—Earnings— Period Ended Sept. 30— Operating revenues Operating expenses..^.. Co.—Earnings— 1941—Month—1940 Pacific ■ . o .(•• ' * - $19,896,876 $17,230,867: $16,538,468 $15,766,524, 18,837.694 16,493,871 15,937,301- 15,289,657 XX Surplus,;— i accounts ' -» Provision for depreciation $385,420 32,963 81,221 $782,267 7,850 $9.03 income -<• State 259. p. : * '/*'>'<■■ . and and 1938' $936,055 sales Preferred Bond 154, ' v - < $19,615,438 $16,999,273, $16,321,551, $15,556,722 Other store incomes.^ vX,281^38^ ; 231,594 4 216,917 v 209^02 ; operating revenue-c__—.i.iui.^.i?.w-X_.1.wl- -112,446,171 109,120,252 Maintenances oper. and adm. exps., taxes (exc. Fed. inc.), and prov. for insur., casualties -Gross $12.31 * depletion, Federal *;- *;rnings -for}9'Months. Net 1022. ' 371,503 * 13,917 ^ 962. p. "Chronicle," Nov. 13, p. and a y. >* $11.00> . , 1939 $1,354,148' Peoples*Dnig.Stores/Inc.^Earnings^'".-.' . Gross. i. t tax.—V. -X '1940 $1^846,575 1,775 " 15,126 $384,181 , depreciation, profits excess 'Profit Interest 150.000, :on Federal income tax, 767,141 • X/;''; X?;y.v'• * Operating profit shi 'After ( %^ $1,649,949 32,880,604 33,453,791 263,020,683 274,793,584 ....—____ 1061 Rosemont Ave. Bldg. Corp.- - 1941—3 Mos.—1940 X 1941—9 Mos.—1940 $1,956,400 $4,722,429 $3,517,195 $1,047,225 Sept. 30— — per Co.—Earnings^ 1941' profit Federal Pacific Gas & Electric \ , proceeding against Electric. Bond and < ^hss cap. stk. ($50 par) Under this act the corporation is not subject Sept. 30— miles See , , its •' , "I Industries, Inc.—Earnings— - Earn, 561345 and customers —V. Fassaic, counsel for the stockholders, filed a petition in Federal Court under the National Bankruptcy Act, charging that the company could meet with 12 Mos. End. Sept. 30— Federal not connection in 'Net profits tax. excess Revenue Judge Guy L. Fake, acting on a motion of stockholders of the road, on Nov. 3 granted a rule to show .why a separate trustee should not be'appointed for the company. Walter T. Margetts of ^ a , *• Trustee " RR.—Separate / : , todefpite postponement of its v and Light Co. until it to an Pennsylvania -Power Co., top holding company of the systent. The Commission had Called a. hearing to consider whether, Pennsylvania should eliminate y , write-ups and' intangibles hi its plant* and investment accounts AndV%v. redistribute voting power among its stockholders.—V. 154, p. 903.' accordance with is in Federal income taxes for 1941 % 187,315 wages paid and payable.. —_$6,86®,524 number of employees —. 4,565 Taxes, other than Federal income $2,358,405 Motor coaches owned at Sept. 1,820 of the charging to taxes the full 9 months portion accrual necessary to meet Federal taxes.—V. 154, p. 753. . —j.——_—: Act of 1941; Mos. Ended 9 - tAfter • Approximate operat. ineome-_ t*$523,368% $1,122,375 $10,894,409 $11^)76 505 '919,788 X 732.362 7,128,276 7,446,814- income 'Loss, 3314,598 371,949 dividends Salaries $2,244,496 $20,975,520 $18,454,210 1,122,121 10,081,111 7,377,705 consented the Pennsylvania Salt Mfg. Comparative Statistical Data of the Operating Subsidiaries' V of the Omnibus Corp. • " ,' *:' *'«.■• $6,684,801 $64,257,811 $59,283,358 4,440,305 43,282,291 40,829,148 3 against: * - v. Postpones 'h Share $1,051,061 $533,676 ; , Note—Provision 1941—Month—1940 1941—9 Mos.—1940 $7,306,663 $6,705,548 $64,383,687 $59,441,075 ; 15,525 y 20,747; 125,876 157,717 $2,394,550 2,917,858 revs.—— 42,225 29^27 — —— Revenue Net —— dividends the Revenue Operating revenues-, $7,291,138 Operating, expenses—— 4,896,588 tax surplus—balance Sept. 30. Common Telephone & Telegraph Co.—Earnings- revenues—— y Uncollectible income Earned to period End. Sept. 30— Co.—SEC , X;y 121,491 *.:\ 111,371 $563,003 J; $1,093,286 income Preferred ago.—V. 154, p. 961. Nov. on received mission . Net'income''^. tion year 31,545X% X/;y29,522;y % miscellaneous taxes— y 8,033,418 ;.y "-■•* -,* **■ t-, Co. '. the a $705,918 ,"$1,244,299 . _ long-term payable to Fifth Ave. Coach (sub.) 2 Federal ended Oct. „ 397,^20 shares. -n** tOn taxes. j - ' ago. For* the month income Federal large cash contribution from ha: parent, the National:; * v Power and Light Co., as a result of National's .dissolution, .w; JXS In return for this postponement, which will facilitate « reorganiza; tion of- Pennsylvania on lines already indicated by the Commission^ Pennsylvania has promised not to.ipay dividends on, its common stock ) > in excess of. 25% of the not earnings available .for the- purpose; ; National Porter and Light will not permit its. subsidiary, Birmingham v;. Electric Co.,,to.pay- my dividends on its common stock and will not X.r| ^ allow-Carolina Power & Light Co., another-<subsid'ary, to- pay dividends J 1 on its common stock in excess of $660,000 per annum plus 25%. of the amount by which net earnings of Carolina available for its common stock exceed.$1,250,000 per annum. % The dissolution of National has already been ordered by. the Com- 1 on ' above 3.45', year Int. week a year ago., is reported at 102,009 mcf. an increase of 3,402 mcf., production of 98,607 mcf. in the corresponding week corresponding equity General expenses & This is an increase of* 10,121,412 kwhs. for the .^-reports- electric output of 12,044,309 kwhs. 1,922,897 kwhs,, or 19% above production of or Total 7, New England Gas & Electric Association ; . $1,323,923' : equity in period over for ^ *. $7184286 subsidiaries of direct (credited $0.21 $0.30 $0.19 \ Tlie. SEC » proceedings has Dividends from Subsidiaries problems under the Act, the respondent can better select at such later time from various possible plans the one which appears most $70,717 ./CX;/////?: stock— for . • • 660. p. provision Pennsylvania Power & -Light Case—Permits Dividend— ' 1939 >? $87,692 $66,758 shares 198,891 on $61,978 • Net profit — 'After '-.<.Oiy'.-399,995*:'Shares.'-^V.^154fj'P. *248.-*.:<>j Oliver United Filters, Inc.—Earnings- taxes sales ( XX , < Indianapolis—Earnings—:v 1 * ^ont6s:^nded^eptr'30X-^''" X' !' X J.;.'194C.: XXX^1940 X__-XnXX-J.XX^X-^--XXX„XXr-X.^-- X $i,8O9,061 ' $1,299,017 ; .Net' income;.afler federal taxesXXxXxX--Xl™XX '$123,807 $35,8QQ Earnings per shstre on common stock-,..,X; t$0.28 t$0.06 : Net $314,172 $0.83 :X*XX''**•.-*-*'f.. ; Pcarson Cov, Inc., • V:-Nin6 c! > , i ?*,;■ _ , $2.23 V - profit "After all $136,932 = ... v, . 'Before provision for Federal income taxes (which in 1941 was i;estimated at $90,500). No effect lias been given in these figures for % appropriation for surtax on undistributed profits or excess profits ; taxes,—V,'153, p. 560.' . * - - tEarns; per share___—_ ■ . , ] IX Jt939 , 1938 Period End. Sept. 30— mind, the respondent desires to reserve its right to file For the week ended Nov. $683,100 $1.86 *;*-XX..$1.61. tAfter excess profits etc. 1939 inc. sh. on 153, p. 402. 'Net the - taxes, income 1940 Old Colony Trust Associates-^Earnings— suggested plan of reorganization under the provisions of Section 11 believing that if a reorganization appears to be the solution of : $0.26 X. • . X ^*,X 'X' h/'L--iSMtli:^.;'Xvi940"X int., depree. & other • X charges 'XfiiXXii——X?X^^XX_—' X, -'$115 $165,667'Xi MosX End.XSeplv 30— 9 J -Earnings— int., amort. & State per —V. (e), v Federal . 'Parmeice;;Transportatloii'."Co.^Earniiigs^^:.vx 273. •*•'•, , a for reserve 1941—9 Mos.—1940 t$109,924 ,.X, $799,603 $0.53- 1941 Sept. 30after, prov, profit Fed. any this purpose in share.._X_ per (& Subs.)—Earnings— 1941—3 Mos.—1940 f$229,157 - 'Net loss after exist as Earnings -v-v,'...*;, % * ' changes or rearrangements in its financial structure beyond those which might be accomplished by or in connection with an accounting reorganization designed to restate asset values, to elimi¬ nate such earned surplus deficit as- may be found to exist and to enable the Association to pay earnings to its shareholders as cur¬ rently earned, ' ■ ' '.'y" : 0'" ? Another allegation denied is that voting power is unfairly and in¬ equitable distributed among security holders of the holding company system of New England Gas & Electric Association. >" "The respondent (the New England Gas & Electric Association) foresees the possibility," the answer continues, "that in due course it may appear desirable and necessary that a revision of capital struc¬ ture be undertaken and suggests that hearings proceed in regular form as scheduled in the course of which opportunity will be afforded to the commission, the respondent and all other interested parties to be present, cross-examine witnesses and introduce evidence; that* as soon as possible after all pertinent facts in connection with the affairs of the respondent and its holding company system have been presented tentative conclusions be reached upon the basis of which the future course of action under this Section may be clarified. With pany profit sharp month, Likewise, with respect to the $7 factors that Period End. Sept. 30— > 'Net $58,249 Co.—Operatipns i tax. {During the third' quarter of 1940 it was -necessary to-set ttp a* ^ reserve of $70,164 for additional taxes on tho first six months' earnings increase in the number of small buyers of insurance is *X to provide additional amount required by the Second Revenue Act of by this company, in reporting an October upturn in sales. :. •( '*• 1940. Eliminating the portion of this reserve applicable to the first The report showed a jump of 46% In the number of $1,000 policies •X six months' earnings, thesthird quarter earnings for 1940 would have written this October, compared with October of 1940. Due to the larger been $180,088, or 42 cents a common share.^V. 154, p. 868. ; ■ s proportion of small buyers, average size of policies written during Yi*''?; /r' v.-:-• !*v .:y .•*','*>\ I:;V,... Oct., 1941, declined to $2,514 from. $2,657 a year ago, at the same time that the company's ordinary sales increased to $6,121,968 -for the v*t* A stock, there are no requirements existing in the con¬ the respondent and its shareholders that such arrears must be paid, or may not be waived, preferred and the common shares. .;, 154, p.. 753. > 1940 1941 $126,465; —... noted in the future it will not be payment of dividends on the that in Parker Rust-Proof Co. Inc.—Earnings- taxes——, Northwestern National Life Insurance . hand company 85.50 Airlines, September— before .'After system, while the financial structures of both the holding company and all of its subsidiaries are readily and easily apparent and understandable. The nswer continues: The New England Gas & Electric Association has now and always has had sufficient earnings to pay the interest as it became due on the various issued of debentures outstanding,' holding a of income —V. structure and its relations as parent with its subsidiaries resulting in economy and efficiency of operation as Its corporate are • Association, not: to holding a able ' public. Tuesday, November 18, 1941 Company has filed with the SEC an applicating regarding to pro*-1 posed sale .of $42,000,006 of 3%% first mortgage bonds/ series D,1 1,/1971. .The company also proposes either to sell $10,000,000 ■ due Dee. of. serial debentures, or to borrow $10,000,0Q0 from .banks and insurance '* * "to '• loans would average application. the Earns, per Placed Privately— The through company, the Note—In $355,691 $327,710 $2,836,349 $2,659,318 282,944 269,621 2,475,112 2,475,878 $72,747 $58,089 $361,237 17,907 22,828 164,402 Cr9,793 $56,294 $26,029 $206,628 Net 23,851 566,920 shares, - fOn "On 1 ry. Other income Quaker State Oil Refining $6,715,854 5,565,064 sales- * (• Net Costs and expenses..— • I- ■ Profit .' »V'it »•;. V. C; x ■ income..—... Depreciation ———— I 197,70G ——-■■', ....... \ . $30,863 $241,645 • 301,311 ♦$2,732 •$59,666 '■ Ended— 99 Weeks —/ 869. 1939 $273,127 -•Subs.J^Earnings^;;;^. Oct. 4. '41 Sept.i28,<4Hv<-y<,. $301,440 $273,127 * ;<rA) v: •t* tho>53 net a . loss of $661:802 ■ '* 1 '-\f: $36,742 V*1 ' ASSES' ■*"•• •*/•'<• ' "" ■ '•»*' .■■'.••• "4 ' 1 } •$10,062 Net operat." revenues.: ,$16,816 $212,439 . _ 3,033 2,320 1,547 $1,903,607 21.000 L,abilities— ;.:,-■ vi.' .1 ; ■ -Jt'Lai-'i'v *:'f. " income Net Deducts, net from inc..- $789,614 ' -^ $14,023 $212,002' 153,197 >,, .77 $183,.>70 - " A '• .'-'transferred^/^/, ■ V surplus.. $58,805 inc. Net., ! 154, 583. p. / 1R. $694 809 481,965 ; \ Total, operat. deducts.— Net $2,669,069 28,621 / $212,186 Dr205*» $212,844 revenues. Other commun. income. operat, 2,815 $1,703,280 '. c 11,503 -* $1,714,788 $215,659 f .Operating income [Ordinary "■ '■ Income 35,558 $175,277 chgs.. income income - ; to 755. p, Reed Roller Bit Profit, after Fed. before ■ in ' $175,277 $2,385,341 1,456,300 419,700 405.* p. • 1941 Earnings $1,088,552 $928,441 $82,777 .1941—9 Mos:—1940 $1,296,400 $317,867 / Reo $1,080,906 1941—9 Mos;—1940 V ; . Inc.—Earnings— •< $2,231,328/ $1,878,529 , 154, *, Nine Months ' . ' ; : • . '' [Exclusive of Ended Sept* •/••; liabilities totaled on (i - AAftcr and was bank credit agreement. stock, after full provision preferred stock outstanding the $24.53 to $38.74 • a a share. common with share compared :/ . / 9 Mos. End. 3G,vl941>L ^ . ■ w//.."/; V'/"' [ v - " '■ $^722 : . ■ * : 1940, and show an In period same ,.:>/'.% //k/ (& Subs.)—Earnings1938 , $489,912 214,676 incl. —V. share $46,747 $60,686 loss$14,990 ///•':v $0.36 on 1059. p. 1938 1939 ; t, $108,525 tax per 154, 1940 : , Fed. for prov. income Earns, 1941 1941 chgs., •/.'■ $1169 Subs.)—Earnings- (& Co., Inc. Sept. 30— after all inc. ■.:/':■• $0.16 $0.20 Nil ' O'Rear of Frankfort, Ky., and Robert H. Nanz Vice-Presidents and members of the board as , Standard Tube Co.—Earnings— Period End. Sept. 30, 1941—^ ■ *3 Mos, $232,908 $0.11 $0.54 152, p. 3360. and year-end adjustments.—V. •Subject to audit •9 Mos. $50,525 _ profit after depreciation, interest, &c._— Earnings per share on 410,000 shares of class B stock (par $1) —./^_//_/—_ Net Sterchi Bros. Stores, Inc.—Sales— sales for sales Net and show months of months ended ten the $1,060,205, of 154, 1940.—V. Oct., 1941, were $553,911 as compared the same month last year, reflecting a 12.56%. or increase an for $633,447 $79,536, of of month the for sales of net $1,587,699 as compared with the same period last year of $1,283,625. This was a. -gain of 23.69%. Sales for the 10-month period this year were $12,753,166. as com¬ pared with last year of $11,161,193. This was a gain of 14.26% k— V. 154, p. 662. • /''%'./ ■ ■://. / ' Sales for the month of Oct., 1941, were p. . 31, 1941. were $6,050,428 21.25%' over the same ten Oct. or 548. Studebaker Corp.—Deliveries— Seaboard Commercial Corp.—Earnings—U /■"/ 30— Nine Months Ended Sept. •Net* 1941 on Z? 101,505 $156,988 $1.18 $10i_/ - Civil Aeronautics Board air routes The of from motion New was examiner has denied Seaboard York "filed Airways, to by Miami Eastern rival applications before the Board. for in authority a to^expand Inc., for and New Ailines, a motion authority to and operate > others - having The application of five companies sendee along the Atlantic coast public hearing before Examiner Francis W. Brown. are reported / ■ retail in¬ • . deliveries in the United October of Superior Steel Corp.—Earnings— 30— 1141—3 Mos.—1940 $3,584,376 sales and Costs 2,881,733 expenses Int., income deprec., < l°4i—'9 Mos.—1940 $5,393,877 4,869,409 $2,023,427 $10,208,851 1,811,955 8,334,605 $524,468 $702,643 $211,472 $1,874,246 ——— income Total / — 9,808 7,883 31,371 20,651 $712,451 $219,355 $1,905,617 $545,119 income Operating units in the same ;■-*/_/ taxes, etc. *570,903 143,579 *1,292,016 353,672 —_ $141,548 $75,776 $613,601 $191,447 $1.25 $0.67 $5.42 dismfss to Orleans. Inc., 12 I rucks as compared to 96,245 154, p. 911. "■/.:/• and period of 1940.—V. Net Ry.—Seaboard Airlines' Applica¬ tion'for Route to be Considered— application cars of Line Air an month the Period End. Sept. provision for deferred income, reserves and income taxes. Seaboard Nov. on 5,641 passenger cars and trucks, bringing deliveries for the first ten months of the year to 106.517 units. In Oct., 1940, retail deliveries were 11.720 and for the first ten months last year deliveries amounted to 88,580 units, \ Factory sales in October totalled 8.897 cars and trucks. This com¬ pares with 14,709 factory sales in October a year ago. For the first ten months of the year factory sales were 109,176 for passenger 1940 . $206,567 shares of com—$1.67 profit corporation States Other _ v. v / A ^ >■•;"/ rentals , B. of James in / r , , 1941 Sept. 30— 3 Mos. Ended Net decrease $1.28 . '/ Cromwell-Franklin Oil Co.] •provisions taxes.—V. 153, p. 562. 910. , with Sept. 30,1941, amounted to $47,150,797, as compared with $37,092,018 the same period in 1940.—V. 154, p. 548. /.$144,^48 income of Oct.j 1941,' were $6,451,396, VawHWM „' income after de~ " " ' * preciation,' Fed; in$503,098 $210,371 come taxes, &c._—$265,440 215.972 216,503 1 Com. shs. outstanding/ * • 216,604 $1-74 $0.38 Earnings per share//// / $0.63 - z >-V. .154, p. 250. . Net .• .".Note—The volume of business transacted for the nine months ended paid'/'depreciation,; depletion; intekesfe: andin 1941 of $288,099 for-Federal "income and excess profits leases 1940/ :' of equivalent stock common 31, Aug. shares 166,750 and $30,917,133, of the value "1:1 •After ««o4!i9 ■ balance sheet for Aug. 31, the consolidated on a (& Subs.)— Earnings-- : , shown as . . —-—■—~^————————»- 58. the p. 154, 3%.—V. of increase 300,000 shs. com. stk. of directors was announced on Nov. 12 by Lewis S. Rosenstiel, Chair / man, followihg a meeting of the board.—V. 154, p. 964 ••■■■ ... '/ •'> • , / , ' Schiff Co.—Sales— ; ' $160,542 •' $0.20 .1 for normal Federal " * , v for $40,904,643 with pared including Federal taxes. Lawrehceburg* lnd^ of —.. share"on 112,500 shares' outstanding-//-//'//-- " ' p. ———.—• —— charges all $34.03 Products Corp.—Earnings— Root Petroleum Co. / . — income Earns, "per —V. 1 . Spiegel. Inc., for the month of Standard Products 1941 v 1940 $7,478,152 $4,392,763 1,260,000 1,260,000 $5.20 $2.73 New Vice-Presidents— Ended Sept. 30— Rickc Metal Net- share tLoss-V. »54. p. 260. prollts taxes. t i ■ Spiegel, Inc.—Sales— Sales (& Subs.)—Earnings— stock—— common par; . ------ : $156,953 $0.19 amounted to $54,621,554, a Book /1941 1940 $385,170 t$l,026.128 Earns, per share on 1,800,000 shs. of com. stock % ; $0.21 V'jJ"/Nil •Includes $199,015 profit on sale of property-and" equipment, but after charges and provision of $249,436 for Federal income and ^excess/ profit amortization, reserve for Federal income taxes, also after excess profits tax.—V. 154, p. 870. - liabilities, -including notes payable under assets available for the common at ; ~ Motors, Nine Months Net $0.23 $0.52 •/ ; — all Election . provision including 910. : " , Current 1941—3 Mos.—1940 $852,779 $725,291 ■ p. 1940 $178,987 $0.22 Net $155,185 $351,658/- rise of $5,845,688 from the previous year-end. Borrowings under the company's bank credit agreement, which makes available long term bank credit of $35,000,000 during a five-year period ending Feb. 20, 1946, stood at $24,000,000. Earned surplus was $36,283,007. ^Consolidated current assets exceeded by $47,592,133 the total of all Co.—Sales—/[ [ v; ■; • 154. 1938 1939 1941 ■ compared with $6,140,179 for Oct., 1940, and show an increase of 5%. The sales for the first ten months of 1941 were $42,229,484, coin- * 1 ; 1940,'Ccii; 1939 1941 /. $1,037,085 31— Aug. Inventories 1941, of Illinois—Earnings— Period End. Sept. 30— ; / 1941—3 Mos.—1940 ^••'-•1941—9 Mos?—1940 ♦Net profit Z— $242,311 - $66,523 /'t$472,884-•"$186,370 JEarn. per com. share-/* ' $1.01 $0.^1 $1.88 v; * $0.57 •After depreciation, interest and Federal income and excess profits taxes +After provision of approximately $354,000 /for Federal-income -and "excess profits taxes. * tOn 222,855 shares/of common stock.— V. 154. p. 259. :"./.. \• // "J. //-''/;/ ^ — $1,537,887 ' $1.54 and 1940 per //♦After Reliance Mfg. Co. .> / 269,777 515,748 $1,903,607 — End, of Shares "V';., — 153, 269,777 550,618 ♦Net profit $1,508,252 92,500 $508,493 Period End. Sept. 30— ' —v. 575.000 com. charges, all tAfter flncludes provision for excess profits taxes. Sehenley Distillers Corp. -741 for Sales sh. on per taxes.—V. ; 3,681- •,/;3.392 r - $282,315 $0.35 r profit Earns, 93,053 575.000 30— Sept. depreciation, •After ' f , 30,000 670,860 shs. cap. stk. now outstanding Years ' Reis & (Robert) ' 30,000 par shares) profit Earns, on 225,669 ?/,. : 13,074 1941—3 Mos.—1940 chgs., - but taxes-/-- 154, p. 249. —v. •Net Co.—Earnings— Period End. Sept. 30— 563. Sept. 30— End. Mos. tNet , surplus— earned 154, —V. p. and excess profits provision for Federal income charges and 153, 1941—9 Mos.—1940 $1,134,314 m $1,090,505 $10.12 $8;98 2407. Ended Quarter -. $2,394,734. :$1,505,601 ;■ /.; . " def$74,597 i 7/: inc. "transferred/ 9 141 £[■ Savage Arras Corp.—Earnings— 16,482 /. 322:27?"' - 425 [ Deducts, from net inc. >V V251,800 Net mo p. 152, « and $177,203 :— -V. ait - and excess ./ [ 16,000 par)-i •Includes prqoaid taxes, : $2,717,013/'$1,731,270 $210,835 $177,710 /. -/•■. Dr82 income— inc.," credits— ' r Extraord. Net 19,323 I—35,711 - /Extraord. 1 Drl,146 ordinary Net ordinary - Dr2,238 $213,421 [ ' income. from '"Deducts, ■ $2,697,690 " ordin. Gross $211,981 Income—non- comrnunicatioa • ($100 income Federal $270,850 Standard Cap & Seal Corp. ' ' stock Preferred 1941—9 Mos.—1940 % .Common stock (36,000 no $641,403 $7,000,129 $5,708,638 >\ Surplus ____________ : .- 429,217 ', 4,331,060 / 4,00o,358 | %•' -':V' • • 1941—Month—1940 operat,-'.revenues, f Total arnings— Communications, Inc. C. A. Period Ended 8ept. 30— j 1. — t89.000 Inventory reserve (re exc. prof! tax act) Contingent reserve - ■ 1940 $277,913 $1,65 •1941 — Sonotone Corp.—Earnings— i. ... 145 _—1. tax; ///.'v.':.'f- ^ $421,687 $2,72 / . 1941—3 Mos.—1940 $517,962 $2.29 $4.78 . ^ share— com. per taxes.—V. $37,517 — 16,651 i" tax__.u._^ processing /Unclaimed dividends Income '■ ' 7^:. . j 32,585 — Canada t 142,482 payable of , tAfter depreciation, 154, p. 800. audit, -r &c.—V. to income Earns, $1,537,887 $198,000 overdraft Dom'niou $6,601':» $296,941$139,472 .to earned ♦Loss.—V. . _ % Bank Accounts /">■•>"• ; , Bank- -loan .:p—H——.... . 7,422; '■/ 492,673 v . ;/-44,498 ■."' ' —i——— Period.End. Sept. 30— •Net ' ' "- Strapping Co.—Earnings-— Sept. 30— taxes, •After 1 2,500 chgs.. v: 1 ex-— 1941, amounted compared with share, for the 12 months ended Sept. 30, Sloss-Sheffield Steel & Iron Co.—Earnings— . 11,460 ^ provision for 260. p. Steel - •Subject profits 639,823 $881,956 $0.36 $0.84- Earnings per share on 134,037 common shares. 144.000 608,673 3,237 293 437 income income 347,305 335,000 > $192,851^ $206,517 ordinary from I>educts. investments on 35,912 630,282 :.:;-:;8;22oa;m>o^ ' Extraord. interest 263,468 •11,308 i 222.501 ordinary income Gross -i $92,535;Accrued . $93,599 54,402 ; profit tNet $3,505 /i-' Ordinary income—No'ncommunication 1940 257,402 " ' 1941—9 Mos.—1940 •■/: 38c. per common or 154, 9 Mos. End. - has been $1,255,711 . depreciation, Federal income taxes; &c.- No Signode Balance Sheet Aug. 31 iV 1'- No provision profit for the 12 months ended Sept. 30, $1,548,658, equal to 96c. per common Share,, as tDeficit or loss. 1941 , Nil $0.24 Nil profits tax is required. t$94,222 $67,308 - for excess profits taxes. ^ MAmerica—Earnings-^-■*; ' V ' ■ •Includes provision $33,044 1940 $289,542 loss$214,45 4 . 1941— 3 Mos.—1940 • —$571,496 $401,939 share_ $0.48 ■ $0.26 I com. per 1940.—V. 3.1— - 1941^-Month^l940. ; $74,799 . y $71,915 $668,268 .•■;:®97 -%.^l ;y ^Accounts;-receiVgble • deducts."— y j 84,861 63,319 670,584 583,916 other '-receivables *^1— ''-yy|— —: ' : ^ In vent6 ry* \ li _ 1,596 .•"•$2,316 ,1- Total operat. profit $1,099,101, Surplus -_i revenues. operat. excess •After to 'f Total - 648 - after ;; : -period Ended Sept..30— ' . Earns, ; 1 , Federal Income taxes, &c.\ profits taxes.—V. 152, p. 3984. Note—Net Radiomarinc Corp. of . •Net 30,000 39,000 92,000 ' Period End. Sept. 30— 1.502 30,000 - 34,100: cess ■',■; :r. ' 593 ;:-1 Sept. 8, 1941 1940 $21,348 loss$ 139,224 ,." Ended V Sept. 30, Sept. 8, ' 1941 -V1» V ' 36 Wks. Ended $0.02 for Nil Sharp & Dohme, Inc.—.Earnings— 5,000 ■ $318,386," ? ^ Note—The prevision lot "> rate for. 1941 as compared with p 24% rate for 1940.-No provision,has- ^ been made for Federal Excess profits tax, as the companies < do not, -;; appear -to be;liable ;in<this respect.^-y.104, p. 1006.; -f ';^->i. •'/- v.;. i i; :$53,278 ' 9 Mos. Ended •After depreciation, week?'ended For .? '■> $53,278 36,975 3r 30,000- 30,000 •108,000 ii'ra-'Hbfi/r"'*- *fnk $644,775 ■ - - r^501^^219.581''^;Deprec a*:oa Income tax cr-'.'4:*$,'^.5».ft'f-lftti*1.(ti-'v'-J-o* -''ff''''^ :vT.f ir•"+ Net .profitr : - ■• .. i 395 41,750 12 Wks. stock 1938 ; 5,000 5,000 ■ 39,750 % K«?-VV;in the hands of th'e $1.16 Shattuck Co. (& Subs.)-—Earnings— profit made 223 ■Offic'efs'-' i'emurierat.on. pref.:stock of a*subs. ■'Provision for divs. on $0.71 / Sept. 30, 7,932 -..dv. «• ■■■ v.... . $1.03 .— 96, —i—v Earnings per share on 1,200,000 shares cap. . 1938 loss$l,340 com. on — p. Period— -Earnings— 1940 $301,440 Nil 1939 $124,154 3 Mos. tax.—V. 154, 1941 LegaT- „ , 154, •Net •:>r 5.900 — sh. per stock — —V. r / —. $0.04 • $75,283 $108,436 'Deficit. not subject to Federal excess profits . $314. ;«9 '•"Provision / 1940 1941 Sept. 30— taxes (Frank G.) —/.//.i',11Years End. Aug, 31—-, ^ ■ RadicKeith.Orpheum Corp?-(& ' $0.42 Ended p loss$6.774 122,700 shares — •$317,283 $3a ,837 , $19,185 / 662. p. End. Federal 302.713 //—,/V,..:.- '/ ' /.'/?.'' Kf— $0.09; —.pjour Mills Co., Ltd, . $65,274 ■ profit after chgs. & Net *$14,570 33,595 $26,255 '.7 .V'/ Note—Company , $0.64 5,737 inci'.-after- Tixed •; charges'— 2' $244,931 $1,508,454 ,•/ 1'i' % —' — $85,686 :7,305 Earns, per sh. on 927 Z—//'shs. cap, stk. (par $10) / —v. 154,: p. 799. ,i 3,029 / ; [. ,344 34|955yrv 87l'585— .—8,241'—;[tlncludes interest* on outstanding bonds but unpaid. ' —$591,607'* ._—/ profit // Net Net $866 712 589,342 ^ 533,540 170,454 401,111 etc.—; tax, income Fed. . " 3,770 27,321 12,366 30,741 1 stock 154, Quar. •$8 833 33,426 charges. fixed fTotal 21,379 share on per Earns, 137,168 140,605 $291,095' >$2,969,381 — $1,190,424 Total V, 44,006 39,634 income Other '■ — $20,547 Seeman Brothers, Inc.—Earnings- 39,218 : * . $244,674 $59,681 —_ charges $35,321 taxes.....//__—_— profit common fixed for avail, Inc. $723,544 $2,828,776 $247,083 $1,150,790 -38,046 , $31,207 V/.v 1.284 / ,: 5,178 . / — — $60,965 from inc..-; Misc. deduct, • ■ (' 1941—9 Mos.—1940 $5,035,552 $18,753,409 $18,493,609 4,788,463 15,924,633 .17,764,065 r 4,671 /. income".. Total 1941—3 Mos.—1940 30—' Period -End. Sept. Subs.)—Earnings^ Corp, (& income oper. 6,944 $117,394 *$48,045 __•••/ ■Net $13,603 5,324 —— —— income —V. '$0.60 i$2.03 Nil 560,245 shares. JLoss.—V. 154, p; 249. $21,997 9,023 deductions Other 207,634 9,232 30—. share $108,371 /-»—•: ...... Federal income Earns, common per 934,793 $183,440 . , Earnings $948,396 819,742 1941 /_. income Total 1939 $841,739 1,408,378 ».'• Sept. 30— sale,; Costs and expenses— 1941—9 Mos.—1940 1941—Month—1940 1940 $1,516,749 Ended Mos. Other Crl,454 Sept. Ended Mos. - that Corp.—Earnings— Seagrave 9 Net ,"?V RR.—Earnings— nc.—Earnings— Pressed Steel Car Co., Inc. 9 application with status would b<w the vahdity of Seaboard's full deta Is of its financ.al hearing.—V. 154, p. 870, upheld Operating profit — Rutland V quarter ended Sept.' 30, 1941,' provision for Federal Period End. Sept. 30—^ normal income and surtaxes amounted to $60,000 and for- the first ' ;h Ry. operat. revenues.// 'nine months to $150,000.—V. -154, pi. '249. ■ ; V; :>. %, •v —V;y'[v... ,— %:■ Ry; operat/expenses— « he underslanding subm.ttcd later in the has placed privately & Co., E.. Huttcn W. the ' " said Brown $3,000,000 Securities — $3,000,000 of securities consisting of $2,550,000 3'/»% 15-year sinking fund debentures, dated Oct. 1, 1941,' and due Oct. 1, 1956, and $450,000 taxes,--etc;//—// depletion, Federal income.- "After -depreciation, . Steel Corp. w*; Rustless Iron & i* 1941—3 Mos.—1940 [''1841—9 Mos.—1940 , / ;.2V4 % notes, dim $150,000 annually each Oct. 1, 1942, to 1944, inclusive. UZ,—---- " ' $133,504 \ $116,542 $260,659 $2-77,044 ■ Proceeds will be used to refund $2,200,000 notes payable and for shar$0.79 .; ,. $0.68 / , $1.54 , \ v $1/33,? additional working capital.—V. 154, p. 756, 437. *Net~' profit ; ..notes to according 1103 CHRONICLE THE COMMERCIAL & FINANCIAL • 30— Period End. Sept. ' • - Cd^Earnings^|y';--.'A Pocahontas Creek Pond f rates- on the debentures -or on the net more than'3% per annum See also V. 154, p. 1057. Interest companies. evidence V'" V Number 4008 154 Volume involved Net Earns, profit— per sh. on stock —— //■ cap. $460,000 reserve for Federal Income and excess months ended Sept. 30, 1941; and $949,000 in the •Including taxes in 3 months of this year.—V. 154, p. 340. $1.69 profits first *9 1104 THE COMMERCIAL & FINANCIAL CHRONICLE contended Sylvania Industrial Corp.—Earnings— Mos. Ended Sept. 30— 9 r •Net profit Earns, •After $82.9,446 $976,868 1938 $391,775 J$1.98 ™ • §$1.91 t$2.29 *$0.90 share_._™ per depreciation, said 1939' 1940 $806,653 1941 amortization income Federal and taxes. the law that preparation that believed it required such of procedure. such Nov. 17.—v. 154, 1059. p. :;..y Commission this in to be on See "Chronicle," Nov. 13, 1022.—V. p. United States Gypsum Co. 151, 896,575 Heights Realty Co,—Van Swer¬ ingens Denied Review— United States Van Sweringen growing out of The Rentals a J. Morgan & Co. •After Supreme Court. Midamerica Shaker Messrs. securities, Ball only 10-year option to buy Midamerica should bid the at interest at sale 1940. had debtor, by it and the Midamerica the market a Van due amount acquired amounts of ' the bonds. ; securities notes, and courts bonds as held Loss of and the on $289,093 Sept. 30— 1941 J Net profit $33,692,712 $3.68 $3.10 depletion, 'amortization profits excess and taxes. 2,130,505 profit 4,138,878 120,641 it $738,550 $185,565 11,467 " : provision i,- $769,234 38,917 28,620 104,825 before 197,016 $394,876 102,632 103,738 308,508 311,215 •Net 110,120 Earns, 36,707 $158,885 $0.17 Warner & •Net per •After etc. Federal Provision 30, 1941, in the for same total first of nine $542,999 $0.98 Federal of profits per for minority interest, 1940.—V. -C 154, Federal of taxes $128,400 in the 1008. p. •„ - —V. Period— " ^ V loss aft. •No Transue & End. t$1.44 i$0.83 $4.27 share__ and Federal income *On 800,930 shs.—V. Jan. 1 to 66,478 v int., inc. $88,356 year tax profit ' $10,602 2,286 ' ' $459,725 of 1, 8,600 20,000 Net $12,888 $467,728 $60,667 3,500 300,900 16,000 ex¬ profit —V. $64,675 on $9,388 $0.48 shr. per $0.07 S $167,728 $44,667 cap. ______ $78,700 $0.10 $0.05 V. is 154, Sept. 30— shs. on $128,013 $0.33 1941—9 Mos.—1940 $542 $353,953 Sept. included $0.27 provision months Federal of J. 1941.—V. the increase of increase an 154, before reported for 1941 A. Laws, it taxes.—V. 154, the latter tNet loss. Nine Months Ended and of at the ' * For only of 31%, the rate $17,238. first 30% approximately $216,600 1941 income and and 1939 $116,851 ' voluntary plan is does Nor no September of $69,406 pay E. this and year, tion's In the dismiss its case Nov, 4 decided and a motion consider of United and rule Corp. on the plan. addition, steps Although such Commission before it the SEC believes it tentative recalled and not declined United to should draft take reports have been that because it it liability therefor under y > • * 1940 $3,474,161 291.376 122,992 $4,347,962 ; $3,888,528 243,513 —_ — and accounts 176.372 notes.—_ 3,067 general expenses. 3.533 29,973 :' 26.235 169.916 insurance and 151,203 203,213 — 153.871 195,558 Income taxes.________ . 119,157 682,029 562.831 603,367 expenses income 556,228 taxes 488.453 depreciation 545,728 has been A. Ten elected Nov. Brook ■-? 285.346 . ' $1,183,144 499.344 $1,354,407 36,834 14,215 $1,219,978 $1,368,622 — Treasurer 13. D. E. $7,735.— 6,834,000 872. , . , and director a Adams has been of this elected 5,116,000 had was done $1,305,287 $0.38 $0.41 for . estimated Income and 56,638,000 42,005,000 excess normal $5,203,665 $1.64 income profits taxes are meeting on Dec. plan known at a special for employees to be 154, p. 96. V. months 4,280 has been so income Sept. Code 30, tax, for Federal surtax, 1941, has amended as included for excess made 1.282 $854,350 — normal ended Revenue The amount Sept. 30— and been excess made on by the Revenue profits ta* is $118,286. excess profits tax for the liability therefor under 1941—3 Mos.—1940 After 1941—9 Mos.—1940 $259,153 pref. per and excess $318,939 $791,214 $3.61 $4.44 $11.02 share depreciation, amortization profits Worthington Earnings— tax. and Federal tOn 71,824 were dividend and shares, $840,497 $11.70 State of $7 , income cumulative accumulations 154, p. 340. Pump & Machinery . of $47.23 , Sept. 30— Net profit after prov for Fed. taxes Earnings per common share_______ •On mon 265,985 shares stock.—V. 154, of common Corp. t ,■ Months Ended (& Subs.)— . 1941 1940 1939 $2,081,672 $1,543,473 •$5.93 +$4.12 stock. tOn 250,665 $265,306 Nil shares of com¬ 96. p. $4,509,287 $1.42 Wright Aeronautical Corp. (& Subs.)—Earnings- Period •Net End. Sept. 30— profit Earns, and excess profits as the 4 of $2,092,161 for will "Weston consider Pension adopting 1941—9 Mos.—1940 stock $1,206,963 $8,137,548 $4.66 $2.01 $13.56 $3,806,952 cap. _______ of for Federal Income estimated at $7,293,866 with 1941—3 Mos.—1940 $2,795,947 sh. per depreciation, amortization, and excess profits taxes.—V. reserves and $6.34 provision 154, p. 664. (Rudolph) Wurlitzer Co.—EarningsPeriod Ended a Federal 9 Internal •After deduction the first nine months of 1941, as compared corresponding period in 1940.—V. 154, p. 759. the 2,608 Cr6,740 $712,834 profit Nine ' 1941—9 Mos.—1940 1941—3 Mos.—1940 Earnings per com. share depreciation, 1941. for 32.595 Crl2,590 and plant prop, ——1. the the h 2,545 preferred stock on which there a share on Sept. 30, 1941.—V. ' 1941—10 Mos.—1940 $1,192,285 taxes, etc. of 484,527 31,463 , Sept. 30— profit 481,446 discount and expense- — tax for Period End. •Net taxes Westinghouse Air Brake Co. (& Subs.)—EarningsPeriod End. bond charges during constr. chgd. to tEarns. $2,723,000 $31,387,000 $25,102,000 2,393,000 25,251.000 16,903.000 3,592,000 p. of debt (Alan) Wood Steel Co.—Earnings— revenues revenues . 1941—Month—1940 Combined — funded Assistant $3,242,000 152, income provision $25,032 passenger express > announced Period End. Oct. 31— to so a tentative to comply Issued to required by in report with other that the corpora¬ showing the cases, profit income go law. Net profit and after State Earnings per —V. Sept. 30— depr., normal Fed. income taxes, common 1941 ' 1940 1939 $532,196 $280,980 $248,507 $1.13 etc $0.58 $0.50 * : K share • 154, p. 550. Trust."— after —V. 154, p. $971,290 $864,229 $2.05 share $2.19 $1.91 Period End. Sept. 30— 1941—3 Mos.—1940 $149,802 per com. sh. depreciation, interest $96,886 $0.26 and $0.12 Federal and Note—Net to $904,820, com. profit for the 12 or v income $1.05 and .,$320,721 vl.: $0.45 excess months ended Sept. 30, 1941, amounted $1.85 a common share, as against $568,791, or 97 cents the 12 months ended Sept. 30, 1940.—V. 154, p. 340. share for 1097 Corporation and Investment News., on Credit Agencies 1096 Treasury Cash and Current Liabilities.. Government Receipts and Expenditures, and Fiscal Year to-date__ 1096 October Preliminary Debt Statement of the United States, Oct. 31, 1941 j—_——_ Capital Flotations in. U. S. During October, 1941 and 10 Months 1100 Governmental Corporations 1941—9 Mos.—1940 $550,679 profits taxes. tOn the basis of capital stock to be outstanding when complete exchange of stock has been mad£ under plan of recapitalization, and after allowing for dividends on $2 prior preference stock. a Negotiations,--. Monthly Report Corp.—Earnings- Page State and City Department Bond Proposals and General 340. •Net'profit •After 1939 $927,973 White Sewing Machine tEarnings 1940 charges & Federal common INDEX (& Subs.)—Earn? 1941 taxes Earnings per the expedite original cases law to do so. United Chlorine Products Corp. Nine Months Ended Sept. 30— Net on reason why the SEC has to consider that plan filing prevent the Commission from instituting the SEC decided. proceedings against such company, The SEC's ruling was made on Commission no 1940, as it is believed the company has no laws existing at that date.—V. 153, p. 1146. the 1940 $20,445 in , Jr., was Westvaco Exchange Commission such The 1292. year 1941 • taxes mail Retail Ignore Company's Plan ahead first. the profits taxes.—V. 154, p. 1008. excess with utility integration proceedings against the corporation in its own way, ignoring for all practical purposes the corporation's pending "voluntary" plan for complying with the Utility Act, The Commission ruled that Just because a holding company has filed a has p. 1941> repairs Note—Provision Inc.—Earnings— Stockholders 1940 $130,166 Voluntary Integration— Securities 1941. Power Co.—Earnings— revenues than for the-basis Act of Weston Electrical Instrument Corp.—To Vote on Pen¬ sion Plan— (& Subs.)—Earnings— 30— United Corp.—SEC Decides to The were 128,343 income profits that'of over for - • $174,697 ♦After deprec., Fed. $0.80 providing been ■ profit for $1.08 surtax taxes 1059. Sept. Ry. Include not by the Revenue Act of the company deductions Net consolidated net working capital of approximately $323,600 over that of a of title. •After had company p. amended as Nil $0.88 , Secretary of the company. D. F. Cook ha3 resigned as Secretary and director because of ill health, and Lester Hutchings, First Vice President and Treasurer, has dropped etc. profits excess the General does expenses on Interest 251. p. that $129,493, p. 260. and $380,352 states that earnings for the third quarter of 1941 United Chemicals, Inc. •Net $511,326 $0.35 provision for Federal normal also and six and interest Other .$0.44,y 1941, 30, an and company, •Net ideral taxes, Note—The company Code doubtful other Other *$86,924 Western Auto Supply Co.—Treasurer—Sales— 1941—9 Mos. —1940 $170,352 472,500 stock______ com. but herewith. ' operating Interest ; 1941—3 Mos.—1940 • ___ Wisconsin Co., operating revenues— Total non-operating revenues $0.12 -Earnings— End. profit Earns, per sh. of Power company's subsidiary, The Milwaukee which are shown on a separate state¬ Net • —V. Period for Provision (& Subs)—Earnings 1941—3 Mos.—1940 $174,900 Wholesale $1.24 153, p. 1004. •Net Co., it Is believed as Provision for 8,600 $49,053 . stock assets the operating Taxes, 598,762 $51,301 depreciation, Fqderal income taxes, etc. Secretary ' Earns, net Electric existing at that date.—V. 153, Amortization 3,0— capital stock., income It 2,634 100,000 and 629,863 400.000 on previous totaled $58,033 8,003 $164,675 income Other $698,916' V $686,062 206,030 includes for excess profits tax is $822,386. No provision by the company for Federal excess profits tax for the Administrative 1941—9 Mos.—1940 $265,931 a $0.09 Western Air Lines, ( 96,606 1130,810 145,207| Dr5,350 profit taxes cess the of ■Purchased powerMaintenance and No $285.4-i9 -175101 $170,025 Federal incomestatement of included Commercial 18,300 —— sh. per Jan. 273,744 $834,846 ' income Total taxes. 260. p. $1,511,600 shows Net (32,547) J $2,593,656 surtax, made Provision 1941—3 Mos.—1940 $273,024 209,615 share per com. Note—At 1941—9 Mos.—1940 n4 4fi0 Profit Other $3.50 profits excess 153, p. 568. $45,109 profit •After Corp.—Earnings— Mos. —1940'1 $304,485 Depreciation —___) date Revenue 1940, Total Inc.—Earnings— etc. Period Ended Sept. •Net Jan. 1 to 97,835 Steel Forging 30—;'T941—3 profit Expenses and $2,805,775 with Williams Sept. consolidated 1,250,000 $2,971,030 Transportation 1941—9 Mos.—1940 $3,484,915 Month Ended Sept. 30— Period foregoing Transport & so been Gross the similar period in 1940 is available as the company has changed from 13 accounting periods to the year, to a calendar month basis.—V. 154, p. 260. Gross 1,287,500 revenues—Electric $3,937,937 Gas/A_^—' 281,683 $668,855 West Virginia Coal & Coke Corp. Subs.)—Earnings— Sept. 30, '41 Sept. 6, '40 Sept. 8, '39 $8,133,126 $7,660,253 $7,616,056 taxes, deprec., etc direct comparison prop.-l Wisconsin Wisconsin Michigan $188,805Prof.$256,O58 1941—3 Mos.—1940 Sept. 30- Fed. 154, Earn, *9 Mos. End. ' , Sales Net $54,649 $3,843,656 Investment in transp. has been made by the company for Federal normal and excess profits tax for the 9 months ended 30. 1941, and by the subsidiaries consolidated from Aug. 21, (date of acquisition) to Sept. 30, 1941, on the basis of the the laws Swasey Co.—Earnings— profit Earnings and excess profits taxes $150,000, with Thompson Co. (& ' \ etc. certain Wisconsin tax, amount Oct. 18. '41 Oct. 19, '40 Oct. 21, '39 . 30,920 12 Months Ended Sept. 30— depreciation deprec., shs. (John R.) deprec., profit. Net taxes in the quarter ended Sept. for Federal excess profits taxes, against Federal taxes of $45,650 Federal income taxes in the first nine compared of > Crl7,640 that amounted to $244,500 months / in operations Ry. Internal $198,500, quarter last year. $394,500, ', 15,222' Crl20,232 $4,258,530 prop, Provision 1941 1941—10 Mos.—1940 $6,313,719 $68,760,959 $60,972,768 (& Subs.)—Earnings— * Sept. 30— com Res. income and by of submitted ment $81,329 Sept. $1,181,482 Exp. 1941—9 Mos.—1940 taxes, $100,032 and plant 34,449 operations and latter acquired results $1,515,859 has Webster Eisenlohr, $0.66 excess $37,827 1941—Month—1940 $406,222 $0.24 and $48,500, total a months of 1941 a income totaled $150,000, $144,221 share com. Co. which ,on 1941—9 Mos.—1940 $1,868,031 of 389,208 14,757 __. and 2,334.694 'a 387,792 expense the new subsidiaries, Wisconsin Gas Michigan Power Co., from Aug. 21, 1941 (date of acquisition) to Sept. 30, 1941, and of Wisconsin General Ry., a former subsidiary land company, from Oct. 1, 1939, to Sept. 25, 1940, (2) profit Gross 1941—3 . -1940 2,342.161 and —; — The results Casualties i ...; Mos.—1940 '!h $0.17 ; profit Earns, $55,709 tOn 816,635 shs. $0.51 $108,544 Period End. Sept. 30— the Electric 250.- p. i discount income Notes—(1) / taxes ($267,645) 549. Period End. def$26,459 $1.08 ;t( i 154, levies Electric $7,188,293 Period Ended Co.—Earnings— income Federal $6,596,060 Operating :#-y; 154, p. 260.:' Thermoid 1940.—V. 1941—3 Mos. i. p. •After $0.74 of Act. and additional Fed¬ Net loss after taxes, —V. 154, p. 250. $467,393 stk. (no par), State deducting of subs, 464.968 $6,917,456 — debt.:—— $6,131,092 548,381 'v. Net income carried to surplus $1.50 year 39,395 def$ll,428 for t$749,778 ;/ 250. p. 154, $129,017 $108,615 deductions 1,556,000 2,727,495 $6,369,075 charges 3,261,201 2,826,036 > revenues™ debt 5,400.533 • 2,930,188 —— during constr. chgd. to transp. Corp, (& Subs.)- -Earnings— l_ $211,247 __________ tAfter ij. taxes 154, 90,539 116,322 dividends,™- com. Other 1940 $2.15 —____, $2,229,500 tax. Revenue Ward Baking Co. $601,737 A 1941 6,524,966 — of .823,606 3,486,381 - revenues- funded on interest 72,935 1,123,868 1,127,719 • _ ._.i taxes Provision for contingent losses on ♦$1,077,869 Period End. Oct. 30— 37,370 $197,032 pref. divs.__ v expenses income Interest buildings in the amount surplus accounts.—V. 153, p. 1144. share of profits profit Sales Earns, per sh. on 146,832 shs. Other and sales 104,539 profit operating non-operating Gross $564,367 30,684 $354,703 taxes, etc.. Surplus Nc„t . 1941 27, Walgreen Co.—Sales— $4,823,886 126,166 r sundry losses, Common estate taxes™ 42 Weeks Ended— ■ Net Sept. 33,712 87,960 1,210,622 __ depreciation income 5,368,885 40,180 9,670,.: if: _™ etc. Convertible real Sept. 30— common the Second Gross —V. $6,233,601 1,464,240 , $345,033 ____ income for certain Period End. Sept. 30— after fEstimated. 1941—9 Mos.—1940 $1,689,985 42,721 after per Vadsco Sales Net $2,518,259 income of charged to was excess under 1940 ™t$40,063,433 1941—3 Mos.—1940 _____ — income Prov. Fed. sale Nine Months Ended —V. Total for Balance and ___ expenses...,™ Operating Ended Universal-Cyclops Steel Corp.—Earnings- (& Subs.)—Earnings— Depreciation Other income Amortization eral Thatcher Mfg. Co. & for Interest •After 1 H •After charges for depreciation, provision for Federal income and —V. 154, p. 870. sales; Months general Provision Total for Nine and 29,142 insurance™— i Provision 1144. it Nine Months Ended Sept. 30— •Net earnings —•_ ". Earnings per share.- Costs $1,587,756.—V.. 153, p. was and 115,240 1,378.005 notes Other operating expenses— Taxes,, other than income taxes— profits taxes for the excess of the opinion that none will be payable under the existing view of the corporation's excess profits tax credit and loss upon sale of real estate and buildings. incurred (Excluding European Subsidiaries) Net and and accounts casualties Administrative 80,090 1,493,328 repairs expenses in Corp. (& Subs.)—Earnings— End. taxes for Commercial after Earnings Period Federal doubtful Provision profits excess 108.138 $22,623,685 _: and is No paid were its claim against the Van Sweringen Sweringens, who control the Van Sweringen com¬ pany, the court said, made a personal profit contrary to their fiduciary relationship to the debtor company.—V. 152, p. 2720. Texas and 112,318 $26,165,507 _ power for code, that trustee Income facilities Co.— revenues™ Provision pany The Van company. Federal property and Ry. & Transp. Elec. Maintenance ordinary taxes, interest, depreciation, etc $121,751 provision was made for Federal taxes on income since the com¬ Sweringen j i The depletion, additional months Profit invested the $4.05 a Earnings $5,745,219. on 1,194,960 $3.65 leases of operating Purchased *$5,250,240 1,195,662 $1.32 United States Stores Corp.—Earnings— that and price the of ; < Midamerica value $The nine $3,121,000 in securities In reorganization of the Midamerica filed claim for the amount paid for the notes held which tAfter managed cost $4,770,658 1,194,960 $957,358 charge for excess profits tax and Federal income tax applicable to the third quarter and after a $437,558 charge for excess profits tax applicable to the six months ended June 30, they would it with a stipulated Sweringens Morgan's i. sale Tomlinson Van majority > auction and if the a depreciation, taxes, etc. and Cleveland Terminal Ness Co. t$l,713,781 1,195,662 $1.19 from 35,498 ____ Milwaukee Total 1941—9 Mos.—1940 $1,558,832 __ Common shares outstdg. reorganization P. on debt owed profit (& Subs.)—Earnings- 1941—3 Mos.—1940 Earns, per com. share— Corp., the name of which was later changed to Heights Realty Co., which brought the suit to the invest that •Net Van the Van Sweringens controlled on securities Van Sweringens. After default of the loan the: jvith the aid of George A. Ball and G. A. Tomlinson, Midamerica the the the by & At denied decisions holding that the profit personal a $39,500,000 27 Oct. on court made to Van was Terminal in made defaulted Sweringens, created Court lower which Co. guaranteed Van brothers a Morgan loan Buildings Supreme review Of a , . , The Sweringen brothers Period End. Sept. 30— 770,103 250,930 Transportation 2364. p. 1940 $20,848,364 United Funds Inc.—Registers with SEC— Shaker & 1941 Operating revenues—Electric (customers)—™ $24,136,571 Elec.ysales to Milw. Elec. Ry. & Transp. Co.) 774,257 855,934 reconvened to Terminal (& Subs.)—Earnings— ;y 12 Months Ended Sept. 30— V■>.,■■.' case Wisconsin Electric Power Co. would case y,:;, j;,;yv-,y yyy'y- y,. tOn 426,110 shares of no par capital stock. *On 435,091 no par shares of capital stock. JOn 421,037 shares of no par capital stock. flOn 418,025 shares of capital stock.—V. 154, p. 340. , > > The report a delay rather than expedite the proceeding. The Commission order hearings in the Tuesday, November 18, 1941 1094 1095 iq91