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BUS,

U1«A*V

NOV 2 3 1942

MONDAY

Volume 156

Number 4127

New

Yjork, N. Y.,, Monday, November 23, 1942

*

'

-

Price 60 Cents

a

Copy

BOND PROPOSALS AND NEGOTIATIONS

COLORADO

Bond

Sale Details—The

refunding

Corporation News

bonds

jthese colurhns

on

were

City News

exchanged

Land

•

State and

OFFICIAL

Board

$29,000

mentioned

July 6,
with

as

4s,
1942,

dated

page

the

at

Town of

State

par,

are

Town of Southold,
maturing 1961-1970
County of
redeemable in inverse numeri¬ •Suffolk and.State of New York,
will

cal

York

Stock

York

Curb

order, as follows: $500 each
May 1" from 1942 tor 1901 incl.

Exchange

New

Exchange

!the

Council Votes to Retire Bonds—
As-an

fore

move; the Com¬
Council voted Nov. 2 to retire

bonds offered Nov,

sewer

16

Phoenix, Ariz.

156, p. 1561—were awarded
Watkins, Morrow & Co. of Bir¬
mingham, as 2%s', at a price of
99.02, a basis of about 2.836%. All
rr-v.

of

the

bonds

dated

are

Nov.

high

bid

.

of

99.01

for

2%s

was

Pinal

To

ARIZONA

plans
3V2%

Large. Debt

Refunding—

meeting of the Arizona State

Loan

Commission

Board of

on

Nov,

5, the

County Supervisors

were

advised to prepare the necessary
forms in connection with the con¬

templated refunding
mately
$4,900,000

bonds and have dhem
ready for the next meeting of the
State Loan
Under

a

recent

ruling

of

the

any time, the county is hopeful of
refunding this indebtedness at a
substantial saving in interest cost.
However, it was recently noted by
J. A. Gust, Phoenix bond attor¬
ney, no holder of the bonds it is
proposed to refund was a party to
a suit which resulted in a recent

Supreme Court ruling and, while
the: highest State; Court has' ren¬
'

still
the

a

finalr decision-,

there

is

possibility that litigation in

Federal

tuted.
:

a

.

courts

be

-

*\

\

-

It is

will

also

insti¬

.

•

indicated in Phoenix

pewspaper-reports that legislation
may be proposed during the next

-

ARKANSAS'

:

'

par

school

incl.

bonds

Nos„ 11-RB

to 35-RB.; The bonds with

1943, and subsequent
will

be

Jan.j,

redeemed

at

105.157

was

&
Co:, and
Putnam & Co., in joint
account:,

atr

coupons

the

;

Commercial National

Rock.

Stamford, Conn.

Bank', Little
-V

;

.

^

V

-

Note Sale— John

Commissioner
that

Nov.

CALIFORNIA
Glenn Colusa Irrigation
'

-

Oistrict

(P. Oi Willows), Calif.

Bond

Sale

-

Details—The

the
12

man

;

of

notes

Co.,

to

offered
Harri-

Inc.,-New

York,

$425,-

at 0.61% discount.
Dated
Nov,* 12, 1942, and due.Oct. 15,

000<3V4 % irrigation district bonds 11943. /.Issued iiri anticipation of
recently purchased by an account taxes due Sept: V 1943.. Second
composed of Blyth. & - Co., Dean ihigh bidder was Tyler & Co.,'Bos¬
Witter & Co. and Stone & Young-

ton, naming .a rate of 0.619%.
berg, all'of San Francisco, as re¬
FLORIDA
ported in-*v/156, p: 1561 were sold
at a price of 97.55, a-basis of aboiif
Hialeah, Fla.
~~~
3.46%. vDenom. $1,000:«Due July
Offerings Wanted—P. E. Hack¬
1, as follows:- $10,000 in-1943. and
ney, ■ City Treasurer, will receive
1944, $11,000 in 1945 and'1946, sealed
offerings until 7:30 p.m. on
$12,000 in 1947 and 1948, $13,000 Dec. 1
of; refunding bonds, dated
in 1949 to
1951, $14,000 in 1952, Jan.
15, 1938.. Amount to.be pur¬
$15,000 in 1953 and, 1954, $16,000 chased will
be determined- by the
in 1955 and 1956,
$17,000 in .1957 Treasurer.
/
•
and 1958,
$18,000 in 1959 ,and 1960,
Hillsborough County (P. O.
$19,000 in 1961,. $20,000 in 1962,
; Tampa),
pla.
$21,000 in 1963 :and 1964, $22,000
Proposed
Refunding — The
in 1965, $23,000 in 1966 and
$24,- Board of Commissioners intends
,

INDEX
Quotations:'

"

.

Page

.

-New York Stock

,,..1850

Unlisted

'

Exchange.
New York Curb Exchange.
Other Stock Exchanges.

.'.

...

Securities.

..,.1829
..v.

1845

..1855

§tate and City Department : , : .
Bond Proposals .and Negotiations. 1817
Gen.

Corporation and. Invest. News. 1856
Dividends Declared and Payable
1820
Redemption Calls and Sinking Fund
*

TtfnHpPci

1R9H

The Course of Bank Clearings.
.1828
Foreign Exchange Rates... s...... ,..1824
Capital Flotations Month of October
and Comparative Periods..
-1824




..

terest June

,

000 in 1967 and 1968.

...

•

to

refund

.

.

$330,000 3%

and

1st and December

States

money
America

of

April, 1942* at which - meeting a
proposition
therefor
was
duly

Laws of 1941.

•

in

pressed
quarter
i

Serves the

of

in¬

1.

1st

or

are

to

Assessed

bear,

-

(The

interest

the

awarded' to

the

lowest

bonds

bidder

or

sus,

incorporated bank or trust com¬
payable to the order of
Town of Southold, for $600, being
two
per
centum
(2%) of the
pany,

amount of the bonds.No interest

will be
or

bidders

upon such check
Checks of unsuccessful

allowed,

draft;

bonded

debt;

debt of any other
district or subdivision

taxes

upon

any

property .subject to the
of Southold.)

1940

Federal

Cen¬

12,046.

4. That

the

preceding

levies

have

of

sum

of

amount

four

not

the

last

annual

tax

exceeded

the'

$753,858.12

per

and that all such taxes

annum
as

were

; levied for each of the preced¬

ing

four

taxes

tax:

were,

years
all such
collected at the end

of each fiscal year and-that no
taxes remain uncollected as of

be

bank draft upon ah

the

; 35,600

,

of

the

power of the Town

3. Population

1941.

the highest

fied check

of

taxing

offering

premium.
r
""No.'bid will be : accepted for
separate'maturities or at less than
ithe par value of the bonds, or
unless
accompanied by a certi¬

statement

not include

all

or

rate

shall

debt,

district, special
having power to levy

awarded to the

same

-$22,320,332
bonded

above

does

offering the lowest rate of

the"

'

-in¬

including this issue

"

interest without reference to pre¬
mium.
Where two or more bid¬

offer

property,-

Total

ex¬

multiples.- of
pneone-tenth of one per

STATEMENT

valuations,

chises
2.

*

of

as

cluding special fran¬

at the

but not exceeding three
per centum (3%) per annum and
must
state
the
price
offered.
Unless all bids are rejected, all
bidder

re-

right to reject any and
in their judgment may

proper,.

real

of the

centum,

ders

*

The said Town of Southold

single rate of interest .which all
bonds

or;

been

Submitted pursuant to Chapter 61"
Laws of ,1924 and Chapter 924

Bidders must state in their bids

the

has

of Southold—Mattituck Park Dis¬

Greenport,
Greenport, New York, or, at the
option of the holder, in New York
Exchange: ■> * * <■ •
a

issue

trict. at a special meeting duly
called and held on the 7th day of

First National Bank of

of

rate

New

semi-annual

in lawful

of

said

Town

County,

bond

FINANCIAL

Principal

the bonds will be

Connolly,

awarded

Ripley. &

r

Finance,* reports

$750,000
were

F.

the

thereon

year

the

York*.
•-

Principal and

Second" high- bid of
made by Estabrook

said

all bids

in

the

payment of

interest

duly authorized and directed by
the qualified voters of said Town

Decem¬

every

of

The

.

seem

and

Southold, -Suffolk

of

Boardvof

district

tached

1963

^11

the

to
all

upon

within

property
and

have"

amount,

District

United

to

until

on

valid

will

taxes

district, for
bonds

park purposes
within - the
boundaries of said Mattituck Park

payable

1944

and

be

obligated

without', limitation

payable

for

Britain, Conn.

Sale—The issue

payable

each

be

ad valorem

the;

of the payee; purpose, to provide
funds for the original cost of lands

save

Secre¬ interest
(F-A)
payable
at
the
Education, First National Bank of
Boston, or
payment on Jan. 1,: 1943, at the New Britain National
Bank.
and
accrued
interest; Purchaser to furnish legal
opinion.

the

calls for

at

New

in

will

District

will

taxable

said

regis¬

Halsey, Stuart & Co.,
Inc., New York, at a price *of
105.78,,a basis of about 1.414%.
Dated-Aug. 1,-1942.; Denom. $1,000.
Due $10,000 on Aug. 1 from

Johnson County, Ark.
Bond Call—G: P. Harris,

of

*

Bond

exceeding three

form, registerable as to both
principal and interest in the name

awarded to

■' \

;

t

''

levy

tered

$200,000 2% water bonds (13th
series,
7th issue); offered Nov.
19 was

1944

Lamar School District No. 39,

.

tary

Arizona Supreme Court, declaring
the outstanding bonds callable at

dered

to 1953 incl.

-

July 1 from

on

-

due and

1st

thereafter,

considerable in interest charges by
the move and it will also hasten
the payment of the city debt.
,-

v

not

Park

and

the

bonds shall have been fully paid.
Said bonds shall not be sold be¬
low par, said bonds to be in

,

city will

tituck

1st day of December, 4943
two of said bonds shall be¬

ber

come
from the past fiscal year's
surplus, Mr. Bacon declared. He

and

3%

.

be safely withdrawn.

told the Council the

rate

a

bonds

power

to

one

said

old—Mattituck Park District, and
the said Town of Southold—Mat¬

1st, 1942, said
denominations of

the

on

two-notes held by city banks will

of

and mature

Commission, date for

which has not yet been set. '•

$150,000

can

in

ture and become due and

Funds for the retirement of the

district

The

—

at

come

•

,

.

,

District,

"resulting from,

legally binding general obli¬
gations of the said Town of South-,

per centum.(3%) per annum. The
first two of said bonds shall ma¬

and

$24,000

refunding

of approxi¬
outstanding

highway

issue

to

ceeds

Ariz.

a

Bonds

est

disposal surplus fund now amounts
to $30,000, pointing*; out that the

bonds, the pro7
which, together with
$271,564 in available -cash, will be
used in the redemption of bonds
maturing July 1, 1943., The new
bonds would be dated Jan. 1, 1942,

Maricopa County (P. O. Phoenix),
Plans

pro¬

-'The

thirty,
inclusive,-and to bear inter¬

both

the police, station note and. $7,on
the Laurel Brook
pipe

.

be

consecutively from

Mr. Bacon said that the
sewage

2

Issue

was recom¬

by the Finance Commit¬

banks..

Park

loss

any

and

$1,000 each, and to be numbered

cal

City

County Electrical District
(P. O. Florence), Ariz.

No.

ham.

At

.

$339,000 of bonds
maturing in 1943. The pew bonds
will be placed, on the: market in
January and July.
V

by Marx & Co./of Birming¬

retire-

500

gram to refund

1,

that the

line, both notes, being held by lo¬

Refunding
The
Commission has adopted a

1942 and mature serially on Nov.
1 from 1943 to 1958 incl. Second
made

on

*

Plans

to

(Eastern

December

tee and he urged that the Council
retire $24,000 in sewage disposal
bonds, due in 1951 and 1952; $7,500

ing the present law with respect
to debt refunding operations.;

noon

value Southold Town
—Mattituck Park District bonds
to

the. Council

Mattituck

—

against

par

dated

mended

and

o'clock

bonds

ment of the.two issues

Legislature chang¬

to secure the said Town of South-

old

Time),- for the purchase of

$30,000

owed by the city. Councilman C. Marsden' Bacon

told

session of the

at

of
said
South Street,

16

notes

■

proposals

WENTWORTH

Supervisor;

/

(See Index Below)

.

S.

No.

12

War

economy

$39,000 in outstanding-bonds and

Miscellaneous

$32,000 school

sealed

of

The check of the successful bid¬
der will be retained to be
applied
in part payment for the bonds or

Greenport, New York, on the first the failure of the bidder to com¬
day of December, 1942, on or be¬ ply with 4he'terms of his bid.

ikf id diet own, Conn.

mon

Pritchard, Ala.,

office

fTown' at

CONNECTICUT

Unlisted Securities

Sale—The

receive

HORTON,

Out-of-Town Listed Markets

Bond

Southold, New York

Mattituck Park District Bond Issue

incl. ' Bonds
are

New

.

NOTICE

$30,000

in

33,

May 1,
and mature
$1,000 on Nov. 1 from 1942 to 1970

QUOTATIONS

ALABAMA

OFFERING

Pierce, Colo.

In This Issue

-

•

,

A "detailed report of the

;

tial facts

tion

of

the

Mattituck

essen¬

to the financial situa-N

as

Town

Park

submitted to

of

Southold—

District

will

be

interested • bid¬

any

der.
.

\

:

..

Dated: November

16th, 1942.

-

S; WENTWORTH HORTON

.;

Supervisor of theTown of Southold
ATTEST;—

/

" RUSSELL L. DAVISON
Town Clerk

will be Returned prorhptly.

.

road

and

bridge refunding bonds, subject to

visions of the gas tax amendment,

decision of the State Board of Ad¬

approved by voters of the State on,

ministration
r»or>

Ho

that-

the"

rotirorl

proposed

Tnndpr

nrn-

Nov.

3.

mature in

The

new

seven

bonds

years,

would
•

/

THE COMMERCIAL & FINANCIAL CHRONICLE

1818

Monday; November 23, 1942

the city of

2.134%, and speci¬
of
general obligation bonds of and Julius A. Rippel, Inc.,•* sub-,
INDIANA
fied a price of par for the bonds
Missouri
counties, cities, .'towns mitted the second high bid, of¬
to
bear
the
following
interest
Linton School City, Ind.
and school districts, voted under
:
fering 100.34. for $349,000 3.20s.
rates: $1,176,000 3V4S, due on Nov.
Bond Sale — An issue of $35,Section 12 of Article X of the
1 from 1944 to 1947 incl.; $315,000
628.14
i,, I,
judgment funding bonds
Jersey City, N. \J. •:/ '
Missouri
Constitution, and that
was
sold
Nov.
16
to
"Non-Political" Credit' Survey
Doyle, l%s, due in 1948, ahd $2,767,000 taxes
required'for said purpose
2s, maturing. from 1949 to 1956
O'Connor & Co., Chicago, and the
remain unlimited as to rate or Cites 23% Debt Reduction — A
incl. Other bids and the respective
City
Securities
Corp.,
Indian¬
non-political survey of the city's
net cost basis
were
as
follows: amount, as heretofore?'
finances
made
apolis, jointly, the only bidder,
by the firm of
John Nuveen & Co. and Harris,
as 3s.
Wainwright, Ramsey & Lancaster,
MONTANA
Hall & Co., syndicate, 2.1475%;
New York, financial consultants
Richland Township School Town¬
Smith, Barney & Co. and HarriHavre, Mont. " ■ .
/.
to Jersey City and other munici¬
ship (P. O. West Newton), Ind.
man
Maturity—The $23,0001%%- re¬
Ripley & Co., Inc., group,
palities, ' shows that by Dec. 31,
Bond Sale-—The $9,000 building
2.259%; Halsey, Stuart & Co., Inc., funding bonds awarded Nov. 4
1942, Jersey City will have re¬
bonds offered Nov. 9—v. 156, p. and
Braun, Bosworth & Co., com¬ to the First National Bank & duced its total debt
by $16,175,000
1458—were awarded to the Foun¬
bine, 2.268%; Shields & Co. and Trust Co. of Minneapolis, at par, or 23% since 1936.
tain Trust Co. of Covington, as Hornblower & Weeks, and asso¬
as reported in v.
156, p. 1730, ma¬
"Any confusion in the minds of
iy4s, at a price of 100.055, a basis ciates, 2.27%;; Blyth & Co. and ture Nov. 1, as follows: $2,500 investors in
Jersey City bonds re¬
of about 1.239%.
Dated Oct. 1, First
Boston
Corp.,
syndicate, from 1943 to 1951 incl. and $500 in sulting from the railroad tax fight
1942 and due semi-annually from 2.389%.
1952.
between
Governor
Edison
and
to

>

July 1, 1944 to Jan. 1, 1953 incl.
Other bids, for l%s: Kenneth S.
Johnson

of

Fletcher

Trust

Indianapolis,

Co.,

100.77;

Indianapolis,

100.52.

1650—were

$150,000 airport
16—v. 156, p.

awarded

National

to

the
of

Bank

Mer¬

Cedar

1V2S, at a price of
basis of about 1.32%.
Dec. 1, 1942 and due on

Rapids,
101.733,

the city

to

divided

is

of 2.046%.
as

The

follows: 3X/4S,

Re-offered

incl.

1956

basis of from 0.75%

to

on

a

cording to rate and maturity.
addition

Second

and

Curtis,

Higginson

Lee

Corp., jointly.
Mason

City

30 for the

receive

will

Clerk,

sealed bids until 10

a.m.

on

Nov.

purchase of $50,000 air¬

Dated Dec. 1, 1942.
follows: $2,000 in
1943 to 1952, and $3,000 in 1953
to 1962.
Bidders should specify
the coupon rate and all other con¬
ditions
being equal, preference
will be given to the bid of par
port bonds.
Due Dec. 1,

John

Nuveen

&

In
Co.

Harris, Hall & Co., the group
also included, among others, the
following: E. H. Rollins & Sons,

Stranahan, Harris & Co., Milwau¬
Co. of Milwaukee, and Paul
H. Davis & Co., Chicago.
kee

as

3

refused

following
Montana

to

bond

authorize

issues:

on

the

$690,000

State

College construc¬
tion and $350,000 Northern Mon¬
tana College bonds.

St. Louis Park, Minn.
Bond Offering—Joseph Justad,

NEBRASKA

Alliance, Neb.
Bonds Voted—An issue of $75,000 refunding bonds was approved

the

by

bonds

the

voters

on

Nov.

have already

National

Co.

The

3.

been sold to

of

Omaha, and
Greenway & Co., Omaha, as l%s,
100.168, as reported in v. 156,
p. 1563.
at

$72,000
refunding electric light and power
plant revenue bonds was sold to
First

the

National

of

Bank

Wahoo,

Remick

H.

Denom.:

Laighton, City Auditor, will

re¬

$1,000.

Due

$3,000

on

terest

J-D.

Legal

financial

the

as

21As.

NEW HAMPSHIRE

Offering

—

ceive sealed bids.until

on

basis six years
"The

net

a

of

the

city

pay-as-you-go

ago," said the firm.

amount

that the

city

the

11

owe

water

partment
"The

made

operations

and

on

opinion

bondholder

should

be

that the general and
sinking
funds
combined
have surplus assets of approxi¬
mately $1,685,000 over actuarial
requirements. The investments of
aware

funds, consisting of cash and
city's own bonds, are sched¬

uled to mature

on

dates which in¬

sure the punctual payment of out¬
standing term bonds.
"In the six years' period re¬
viewed, the city has not only
operated its general budget funds
and water department on a strict
pay-as-you-go basis but has met
all
relief • commitments through

—

/,:*

1930.

—

At

an

—

The voters of the

Cities of Biloxi, Gulfport and Pass
Christian will be asked on Dec. 8

Donaldsonville, La.
Bond Election

.

Three Cities To Vote On Utility
Bond Issues

LOUISIANA

on

.

Mississippi (State of)

to authorize bond issues

election

Dec. 15 the voters will consider

proposed
by the respective units providing
for the' joint acquisition of the

3V2%

76,

new

in

$76,000,

the

term

bonds, Nos. 1 to

aggregate

amount

of

called for payment on
Dec. 1, 1942, at par and accrued
interest, at the Asbury Park and
are

Ocean Grove
or

Bank, Asbury Park,
at option of the holder, at the

Central

Hanover

Bank

&

Trust

"The

what

city

has

be

can

demonstrated

done

by

sound

fi¬

nancial management and strict ad¬
herence

the

to

equipped

principle of payis certainly well
any
unusual
that may arise in

It

as-you-go.

to

meet

contingencies
the

future.

With

a

continuation

Co., New York City.
Each bond of the type of sound financial
municipal air¬ local facilities of the Southwest¬
surrendered must, unless it has
management that now prevails, it
port bonds.
ern Gas & Electric Co.
The issues
been converted into a bond regis¬
seems hardly likely that any tem¬
are
as
follows: Biloxi
$487,000, tered as to both
MASSACHUSETTS
principal and in¬ porary political disturbances will
Gulfport $600,000, Pass Christian
terest, be accompanied by all cou¬ have any lasting effect on the
Salem, Mass.
$72,000, all consisting of revenue
pons
for interest accruing after fundamental
Note Sale—The $400,000 notes
soundness
of
the
obligations.
Dec. 1, 1942.
Coupons for interest
offered Nov. 12 were awarded to
city's credit."
due on Dec. 1, 1942, may be at¬
MISSOURI
the Second National Bank of Bos¬
Livingston Township, N. J.
tached to the bond for payment
Missouri (State of)
ton and the Boston Safe Deposit
No Tenders Submitted—Charles
Tax
Limit
Amendment
Held or, if detached from the bond by
&
Trust
Co., both of Boston,
the holders thereof, may be pre¬ G. Zahn, Township Clerk, reports
jointly, at 0.487% discount. Dated Not Applicable to Debt Service—
sented for payment in the usual that no tenders were received in
Nov. 13, 1942.
Due $200,000 on A constitutional amendment ap¬
connection with the township's of¬
Sept. 1 and $200,000 on Oct. 1, proved by the voters at the Nov. 3 course., No interest shall accrue
fer to purchase outstanding bonds
general election provides for "the or be payable on any of said
1943. The First Boston Corp., sec¬
in an amount sufficient to ex¬
bonds after date called.;
ond high bidder, named a rate of limitation of rates which may be
haust a fund of $81,000 available
levied by counties, cities, towns
0.49%, plus a premium of $3.75.
Bergenfield, N. J.
for that purpose/.
None of the
and school districts in the State."
Refunding Approved — The bonds are
MICHIGAN
callable.—v. 156, p. 1730.
The amendment repeals Section
State
Funding Commission on
11 of Article X of the Missouri
Detroit, Mich.
Nov. 17 approved the plan to re¬
Northvale, N. J.
Original Bids Rejected — New Constitution and enacts a new fund
$648,000 of outstanding bonds
Refunding Approved—The State
Offers Asked—The city rejected section in its
place, the gist of on a 3V4% basis.
Funding Commission on Nov. 17
the bids submitted Nov. 17 for the which is as already stated above.
approved the plan to refund $42,issue of $4,258,000 not to exceed Due to the confusion in the minds
Camden, N.J.
Bond Sale—The $350,000 series 000 of outstanding bonds.
3^4%: interest
sewage
disposal of municipal dealers and invest¬
system revenue refunding bonds ors as to whether the limitation C refunding bonds offered Nov. 12
Union City, N. J.
—v. 156, p.
1563—and announced on local taxes would apply in the —v. 156, p. 1460—were awarded
Bond Sale—The $18,000 Union
that new proposals would be con¬ case of the outstanding or future to a group composed of Shields
School refunding .bonds offered
sidered at 11 a.m. (EWT) on Nov. bond issues of the State's
political Co., H. B. Boland & Co., both of Nov. 19—v. 156, p.: 1730—were
20. Highest of - the rejected bids subdivisions, the
Mississippi Val¬ New York, and J. S. Rippel & Co., awarded to H. B. Boland & Co.,
was
made by a syndicate com¬ ley
Group
of the
Investment of Newark, their bid being for New York, only bidder, as 2.70s,
posed of Lehman Bros., Phelps, Bankers Association of America $348,000 bonds, as 3.20s, at a price at 100.17, a basis of about 2,69%.
Fenn & Co., Inc., First of Michi¬ has obtained an opinion on the of 100.79, a basis of about 3.128%.
Dated Sept. 1, 1941.
Due Sept. 1,
gan Corp., Estabrook & Co., L.^F. question from Charles & Trauer¬ Dated Nov. 1, 1942 and due se¬ 1956.
Rothschild & Co., Hemphill, Noyes nicht, municipal bond attorneys of rially on Nov. 1 from 1950 to 1959
NEW MEXICO
& Co., Hallgarten & Co., all of St. Louis.
The attorneys stated incl. Re-offered at prices to yield
New York; Watling, Lerchen & that "It is our opinion that the from 2.60%
to 3.10%, according
Tucumcari, N. Mex.
amendment
re¬
to maturity.
Co.,
and McDonald, Moore & Constitutional
Bond Call—The City Treasurer
A syndicate com¬
Hayes, both of Detroit. The bid ferred to has no effect whatever posed of A. Webster Dougherty & announces that 4V4%, 4^% and
an

accrued interest plus i

|

a
Dated Dec. 15,

premium of; 6%.
1938.

Due

1966

to

unmatured

at

attached

presented for payment
National

States

United

the

1943

The bonds with all
c o u p o n s

.

be

1£> from

Dec.

on

incl.

should

Bank of Denver.

v

-

-

- *

; •

NEW YORK

Chittenango, JV. Y.
Bond Offering—Harold J. Stic¬
kles, Village Clerk, will receive
sealed bids until 10 a.m. (EWT),
on
Nov. 30 for the purchase of
$25,000 not to exceed 6% interest
coupon or registered water bonds.
Interest J-D.
Dated Dec. 1, 1942.
Denoms. $1,000 and $500.
Due
June 1, as follows: $1,500 in 1944
and 1945, and $2,000 in 1946 to

1956..

Rate

to

interest

of

multiples of

l/\

or

in

be

l/10th of 1%,

issue of $80,000

..

without limitation as to rate

on,

The bonds are issued

amount.

or

of Nov. 24 for the purchase of
$48,Fletcher, Dorsey, Barker, Colman 000 coupon bridge bonds.
Dated
and
accrued
interest
or
better
of Minneapolis will be furnished Nov.
1, 1942. Denom. $1,000. Due
specifying the lower coupon rate. the succesful bidder.
Nov. 1, as follows: $5,000 from
The city will furnish the approv¬
1943.to 1950 incl. and $4,000 in
ing opinion of Chapman & Cutler,
MISSISSIPPI
1951 and 1952.
Rate of interest
of Chicago, and all bids must be
the budget with not one dollar
Hattiesburg, Miss.
to be expressed in a multiple of
so conditioned.
Enclose a certified
borrowed for relief purposes.
Bonds Sold—An account com¬
V4 of 1%.
Principal and semi¬
check for 2% of the bonds bid for.
"Unencumbered
cash
surplus
posed of Jac. P. Ducournau, and annual interest
payable at the
funds at the beginning of the cur¬
Kingsbury & Alvis, both of New Merchants National Bank
of Bos¬
KENTUCKY
rent year totaled over $6,380,000
Orleans, also the Union Planters ton.
Legality approved by Storey,
Rowan County (P. O. Morehead), National Bank
and with cash collections of taxes,
& Trust
Co., of
Thorndike, Palmer & Dodge of current and
Ky.
delinquent combined,
Memphis, recently purchased $79,- Boston."
Refunding
Approved — Mrs. 000 2Vz% and 2%% refunding
totaling $2,165,849 more on Nov.
NEW JERSEY
Stella Crosthwait, County Treas¬
17, 1942, than had been collected
bonds, series A-2. Dated Oct. 31,
Asbury Park, N. J.
urer, reports that the State Local 1942.
to the same date in 1941, it is evi¬
Legality
approved
by
Bond Call
Finance Officer on Nov. 5
Mary E. Vaccaro, dent that the city's strong current
ap¬ Charles
&
Trauernicht
of
St.
Acting City Clerk, announces that position has not been impaired.
proved the plan to refund the out¬ Louis.standing 5%% road and bridge
refunding bonds, dated May 15,

and

par

de¬

earn¬

water

the

a.m.

the amount of $478,000, are called
for payment on Dec/15, 1942; at

public on Dec. 31, and must be the same for all of
1942, will be approximately $54,- the bonds.
Principal and inter¬
360,000 after deducting approxi¬ est
payable at the State Bank of
mately $7,680,000 in sinking fund
Chittenango, with New York ex¬
assets.
This compares with a net
change.
Valid and legally bind¬
amount of $70,535,000 six years
ing general obligations of the vil¬
ago.
In future years approxi¬
lage, all the taxable real property
mately $45,790,000 will be met within which will be
subject to
from taxes and the earnings of
the levy of ad valorem taxes to
the general sinking fund; $8,570,pay the bonds and interest there¬
000 will be met from

the

Portsmouth, N. H.
Bond

record

since it went

ings of the water sinking fund.

Wahoo, Neb.

Village Clerk, will receive sealed
bids until 8 p.m. on Nov. 23 for
the purchase of $9,000 not to ex¬
ceed 3% interest street improve¬
ment bonds. Dated Dec. 1, 1942.
Dec. 1 from 1943 to 1945 incl. In¬

can be greatly clari¬
looking beyond their wellknown
political
differences
to

fied by

will

Bonds Sold—An issue of

MINNESOTA

Pearl B. Kel¬

—

to

ac¬

and

City, Iowa

Bond Offering

Nov.

yield

2.10%,

as

from 1944 to 1952.

Bonds Defeated—The voters

1944-1947; l%s, 1948 and 1949;
l%s, 1950 and 1951; 2s, 1952 to

a

high bid of 101.716 for l%s was
made by Paine, Webber, Jackson

logg,

syndicate headed by John Nuveen

issue

offered Nov.

chants

&

city awarded the bonds to a

Mayor Hague

Montana (State of)

re-offering of the issue on Nov. 20
the

cost

Rapids, Iowa

Bond Sale—The

Dec. 1

the

Co., Chicago,, which purchased
the obligations at a net interest

IOWA

Dated

Awarded—At

Issue

&

Cedar

bonds

Bond

bonds, Nos. 23 to 507,: in

revenue

pursuant to the Village Law and
General

the

Law,

Municipal

as

amended, for the purpose of im¬

proving the Water Supply System,
the period of probable

usefulness
In the event
prior to the delivery of the

of which is 40 years.
that

bonds

received

income

the

by

private holders from bonds of the
type and character shall be

same

of any Fed¬
law, the success¬
ful bidder may, at his election,
be relieved of his obligations un¬
taxable by the terms

eral income tax

such

in

and

bonds

purchase the
the de¬

contract to

the

der

case

accompanying his bid will
The approving opin¬

posit

be returned.

of

ion

&

Vandewater

Dillon,

Moore, of New York, will be fur¬
nished the purchaser without cost
Enclose a certified check for $500,
payable to the village.
District

Fire

Inwood

O.

(P.

Far

Rockaway), Hempstead, N. Y.
Sale—The

Bond

$5,500 coupon

registered fire apparatus bonds
12 were awarded to
the Peninsula National Bank of
or

offered Nov.

Cedarhurst,

at

3s,

as

price of

a

basis of about 2.98%.
1, 1942. Denom. $500.
Due June 1, as follows: $2,000 in
1943 and 1944 and $1,500 in 1945.
100.018,

a

Dated June

Principal
on

June

and interest (annually
payable at the First
of Inwood.
The

1)

Bank

National

tions of the district and

obliga¬
approved

W.

Kenneth

Cedarhurst.

Second

bonds

are

to

as

Crave

tax

unlimited

by

legality
of

high bid of par for 3s was made

by the First National Bank of In¬
wood.

;

Onondaga

,

T

Syra¬

O.

(P.

County

cuse), N. Y.
Certificate

Sale

An issue of

—

$1,500,000 tax anticipation certifi¬
cates of indebtedness was sold on

,

Nov. 17 to Salomon Bros. & Hutzler

of New

terest,

plus

York, at 0.375% in¬

20,

premium

a

Dated Nov. 20,

of

$13.

1942 and due April

Legality approved by

1943.

Hawkins, Delafield & Longfellow
of

New

York

Chemical

City.

; Other

bids:

Trust

Co.;

&

Bank

_

.

was

based

on

a

net interest




cost

upon

taxes levied for the payment Cp.> Dolphin & Co., Buckley Bros.,

.

0.46%; National City Bank of New
York; 0.50% ; Chase National Bank
of New York,
Southold (P.
Park

Sealed

0.52%.

District

bids

•

"/

O. Greenport), N. Y.
Bond

will

be

Offeringreceived

at

.

43/4%; electric

light

and

the

office

of

S.

Wentworth

Hor-,

ton, Town Supervisor, until noon

(EWT) on Dec. 1 for the purchase
$30,000 not to exceed 3% in¬
registered Matti-

of

terest coupon or

power- tuck Park District bonds.

Dated

'

Volume' 156

Number- 4127

:

THE COMMERCIAL

-Dec.

1,1942; Denom;$l,000. Due
$2,000 on Dec. 1 from 1943 to

bidder

1957 Iricl.- Bidder to

to the

name

a

port,

at option of the

or

must

fied

be

exchange.

respective

holder,

for

"

Note:

Official

offering

"column

notice

appears

of this

the

income

holders

NORTH
x

<

■

"

1

-

County (P. O.
Currituck), N. C.
Bond Offering — W. E. EasterTing, Secretary of the Local Gov¬

income

tax

contract
and

'bids at his office in Raleigh until
11 a.m. (EWT) on Nov. 24 for the

in

1 from 1943 to

to

-

purchase
the

case

the

I

deposit

Bonds

Storey,

bonds.

nished.

Dec.

1, 1942.
Denom. $1,000.
Due June 1, as
•follows: $2,000 from 1945 to 1953

for

will

be

of

pressed in

interest

to

be

ex¬

re¬

one

the

other

Bond

for the earlier maturities and

bids until

terest

the

for

balance

and int.

Prin.

of

(J-D)

District

the

Baglien,
receive bids

Clerk, will

1, 1942.
$5,000 May
and Nov. 1, 1947, and
$6,000 May
and Nov. 1, 1948.
Rate of interest
to be in multiples of *4 of
1%.
Said bonds

mature

thereof

be obtained from the above-men¬

OHIO

Nov.

Secretary.
A
certified
$900, payable to order of
'the State Treasurer, is required.
.Legal
opinion
of
Masslich
&

der.

In

the

City will

successful
that

event

bid¬

prior to

the

delivery of the bonds the in¬
received by private holders
from bonds of the same type and
characted shall be taxable by the
come

terms of

any

will

returned.

be

Bond

(P.

County

O.

Franklin),

Offering —W. E. Easter-

ling, Secretary of the Local Gov¬
ernment Commission, will receive
bids

sealed

leigh

at

Nov. 24

his

office

in

Ra¬

(EWT), on
for the purchase of $724,-

until

11

a.m.

000 not to exceed 6% interest cou¬
pon

refunding bonds, as follows:

and bridge bonds.
Due Dem 1, as follows:. $18,000 in 1943 to 1946, $20,000 in
.1947 to 1950, $22,000 in 1951
; ;
and 1952, $24,000 in 1953 to
Y
J1955, $26,000 in 1956 to 1963,
$27,000 in 1964 and 1965, and
$29,000 in 1966 and 1967.
;
62,000 school and road bonds.
Due Dec. 1, as follows: $2,000
V"
in 1950 to 1958, $3,000 in 1959,
Y $4,000 in 1960 and 1961, $5,000 in 1962 to 1964, and $6,000
! '
in 1965 to 1967.
Y
74,000 school bonds. Due Dec. 1,
Y
as follows:
$1,000 in 1948 and
1949, $2,000 in 1950 to 1957,
• •!
$4,000 in 1958 to 1960, $5,000
in 1961 and 1962, $6,000 in
T
: 1963, and $7,000 in 1964 to
$588,000

road

.<

-

•

'

Dec.

on

1, 1942. They are dated
June 1, 1939, in $1,000 denomina¬
tions, and redeemable at par and
accrued interest at the First Cen¬
tral Trust

Co., Barberton J

■

t

'

•

•

1967.

Dated Dec.

1, 1942. Denomina¬
tion $1,000.
A separate bid for
each issue, (not less than par and
accrued interest) is required. Bid¬
ders are requested to name the
interest rate or rates, in multi¬
ples

of

XA of 1%; and each bid

$2,274,000 of city bonds held

City
for

Sinking
sale

Fund
Nov.

on

and

Bank

of

to

the

156,

p.

syndi¬
First Na¬
a

of

Chicago, Weeden
& Co., San Francisco; City Na¬
tional Bank & Trust Co., Kansas
City; Milwaukee Co. of Milwau¬
kee, Illinois Co. and Paul H. Davis
& Co., both of Chicago, at a price
of

108.334.

108.307

Second
made

was

composed

Corp.,

of

high

by

the

Harris

.

General

as

amended,

and

under
resolu¬

a

ditional bids will be received. The

approving opinion of Peck, Shaf¬
fer, Williams & Gorman, of Cin¬
cinnati, will be furnished. Enclose
certified

bonds

check

bid

for,

county.

an

First

Trust

&

bid

of

account
Boston

Savings

for

1%

of

payable
"

v'-

i

the

to

the

;",

Tenders

shaw,

Wantedr-W. F. Robi-

Village

Clerk,

announces

sealed

tenders

Dec. 7.

p.m. on

of

sum

about

$5,000 is

A

available

for purchase of bonds.

Third

high bid of 108;132
by the. First National

Bros. &

Salomon

Hutzler, in joint account.

;

Steubenville, Ohio
Bond Sale—The $13,000 paving
16—v. 156, p.

1651—were
Co.

of

awarded

Columbus,

price of

100.45,

the

to

l%s,

as

basis

a

of

Ohio

at

a

about

Dated Dec. 1, 1942 and due

!,' as follows: $1,000 from
1944 to 1950 incl. and $2,000 from
to

1953

bid

of

by

Ryan;

100.28

Cleveland, Ohio

YYF

receive / sealed

offerings

of city
bonds in
the
amount
of
approximately
$500,000, under the following con¬
ditions: All offerings shall be in
writing and show the par value,

transportation, system

date

of

maturity,

approximate

dollar price and yield to final ma¬

turity.
The

city

bonds

reserves

purchased

the right

which

on

de¬

are

livered

subsequent to eight days
after sale to pay accrued interest
up to that date only.

shall

The bonds will be awarded to the

Nov. 25.

The

city

reserves

the right to

all offerings. Offerings will be received up
to noon on Nov.
24, at the office

of

any or

the

Director

remain

of

firm

Finance,
until

and

noon

of

Delivery to be made at

&

Co.

of

interest

Denoms.

Dune

Jan.

1,

building
1,

coupon

Interest J-J.

as

Dated Jan.

$1,000 and $250.
follows: $250 in

1962.

Registerable as to
Bids must be for

principal only.
the

whole

will

be

amount,

and

accepted for

bids

no

portion of

a

the full amount of said issue. Pay¬
free from any tax or
taxes,

able

except gift, succession
tance

taxes,

levied

or

now

The

sold

highest

the

to

hereafter

or

by

monwealth.

inheri¬

or

assessed

the

bonds

Com¬

will

be

responsible

less

than

par

and accrued inter¬

sealed

bids

Nov.

on

chase of

$78,000

revenue

until

23

for

re¬

p.m.

the

pur¬

bonds.

operating
Dated Nov.
1,
1942. Denom. $1,000. Due Nov.
1,
as follows: $8,000 in 1943 to 1950
and $7,000 in 1951 and 1952. Bid¬
coupon

der

to

in

multiple of V4 of 1% and must

a

be the

name

the

rate

of

interest

for all of the bonds.

same

The

approving opinion of Burgwin, Scully & Churchill, of Pitts¬
burgh, will be furnished. Enclose
a

certified check for

able to

the

$1,56.0,

pay¬

Borough Treasurer.

Damascus Township (P. O. Hones-

dale), Pa.

no

to

Enclose

47.

for

2%

bids

until

will
2

the purchase

ship bonds.

p.m.

receive
on

Dec.

and

—one

the

of

other

the

group of in¬
banks assist¬

ing

and

Drexel

&

Co.

Lehman

Brothers in effecting exchange of
the bonds as agents of the
City
of

Philadelphia; and the cities

which

their

located,

principal offices

are

Bankers

follows:

as

Trust

Co., New York;

Moncure Biddle &
Co., Philadel¬

phia; Biddle, Whelen & Co., Phil¬
adelphia; Blyth & Co., Inc., New
York and San
Francisco; Alex.
Brown &
Sons, Baltimore; The
Chase National Bank of the
City
of New York, New
York; Chemi¬
cal Bank & Trust
Co., New York;
Charles Clark & Co., New
York;
C. C. Collings &
Co., Philadel¬
phia; Elkins, Morris & Co., Phila¬
delphia;;
Equitable
Securities

Corp., Nashville;; The First Bos¬
ton Corp., Boston and New
York;
First of Michigan
Corp., Detroit;
First National Bank & Trust
Co.,

Minneapolis; E. W. Clark & Co.,
Philadelphia.
Also

Graham,

Parsons

&

Co.,

Philadelphia; Hannahs, Ballin

the

bid

certified

a

for,

check

value of the

par

offices:




&

payable

to

the

Township (P. O. Neville
Branch, Pittsburgh), Pa.

Island

Bank

&

Trust
Co., - St. Louis;
Lynch, Pierce, Fenner &
Beane, New York; R. H. Moulton
& Co., Los Angeles and San Fran¬
cisco; W. H. Newbold's Son & Co.,
Merrill

District Treasurer.

Neville

Also
Mellon Securities Corp.,
Pittsburgh; Mercantile-Commerce

Bond Offering — C. D. Francis,
Township Secretary, will receive
sealed bids until 8 p.m. (EWT) on
Dec. 1 for the purchase of $30,000
park and playground bonds. Dated
Dec. 1, 1942.
Denomination $1,000.
Due $3,000 Dec. 1, 1943 to

Philadelphia; The Northern Trust
Co., Chicago; Phelps, Fenn & Co.,
New York;

Reynolds & Co., New

York; E. H. Rollins & Sons, Inc.,
New York; Smith, Barney &
Co.,
New York; Stern Brothers &
Co.,
Kansas City; Stroud & Co.,
Inc.',
1952. Bidders to name the rate of
.Philadelphia; The Wisconsin Co.,
interest in multiples of xk of 1%.
Milwaukee; and Yarnall & Co.*
No bid for less than par and ac¬
Philadelphia.
Sale
the

interest will be considered.

conditioned

approval of
Af¬

on

Department

fairs.

of

Enclose

a

certified check for $600,

payable to the township.

&

offer

an

by

and.

liead
39

Lehman

nation¬
investment
a

the

city to

change for new refunding bonds
outstanding bond issues of
city
totaling
$162,296,000.
Bonds eligible for the exchange
the

lic

are

in the hands of the pub¬
to $140,582,000.
The

amount

on

Nov. 16.

of

1565—was

p.

awarded

to

$45,156,

E.

H.

Rollins &

Sons, Inc., Philadelphia,
iy4s, at a price of 100.46, a basis

as

about

1.17%.

Dated Nov.
1,
Nov. 1 from 1943

on

Second

1952 incl.

100.14

for

iy4s

West

View

high bid of
made

by

Scribner

of

was

Singer, "• Deane
Pittsburgh.

&

Municipal

ex¬

certain

which

issue

1942, and due

firms and banks which is effect¬

ing

Sale—The

000 bonds offered Nov. 12—v.

of

Offer Effective

Co.

Brothers, jointly,
wide
group
of

Bond

to

Bond Exchange
—Drexel

Rankin, Pa.

Internal

The

Authority,

Pa.

Bond

Sale—A

syndicate

com¬

posed of Stranahan, Harris & Co.,

Inc., Toledo; Stifel, Nicolaus &
Co., St. Louis; John Nuveen &
Co., Chicago; E. H. Rollins & Sons,
Inc., Philadelphia; Singer, Deane

&
Scribner, Moore, Leonard &
Lynch, and Glover & MacGregor,
all of Pittsburgh; Hay
den, Miller
but hear the same rates of interest
& Co., First Cleveland
Corp., and
to the original callable dates as
Hawley, Shepard & Co., all of
the outstanding bonds to be ex¬
Cleveland; Newton, Abbe & Co.,
changed. Thereafter all refunding
Boston;
McDonald-Coolidge
&
bonds bear interest at ZVa%. The
Co., Cleveland; S. K. Cunningham
outstanding bonds to which the &
Co., and George G. Applegate,
exchange offer applies are issues both of
Pittsburgh, recently pur¬
optionally callable by the city be¬ chased
$3,500,000 2%%, 3% and
tween 1944 and 1953,: inclusive.
3%% water revenue bonds. They
The exchange offer, which rep¬
were issued
by the above author¬
resents the largest municipal re¬
ity in connection with its acqui¬
financing operation of its kind on sition of a
privately-owned water
record, is provided for under the
system in the Borough of West
city's refunding plan of 1942, just View.
The
bonds
are
payable
adopted, and is similar to the ex¬
solely from revenues of the water
change offer made through the
utility. The bonds are as follows:
new

bonds, where redeem¬

bankers

same

ing

under

the

refund¬

of 1941 as a result of
which
exchanges totaling over
$83,000.000. of the city's bonds
plan

days

effected.

The

maturities

of the

new

re¬

sealed

funding bonds of 1942 range from

10

1958 to 1975, and the
bonds,twhere
redeemable,
become
optionally
callable by the city on various
dates beginning in 1949. For the

for

of $4,400 4% town¬
Denom. $100.
Due

June 10, as follows: $2,000 in 1943
and $2,400 in 1944.
Interest J-D.

$1,500,000 3y4s. Due Nov. 1, 1982.
Subject
to
redemption
by
publication
of
a
notice
30

,

holders of about 90% of the bonds

prior

to

any
interest
after
Nov.
1,
1943, at 105 and accrued in¬

date

terest

on

and

to

date

700.000 2%s.
lows:

1944,

of

redemption.

Due Nov. 1, as fol¬

$50,000 in
1943
and
and $75,000 in 1945 to

1952.

and Financial Chronicle (Reg. U. S. Patent
Office) William B. Dana Company, Publishers, 25 Spruce Street, New
York, BEekman 3-3341.
Herbert D. Seibert, Editor and Publisher:
Dana Seibert, President: William D. Riggs, Business
Manager. Published twice a week [every Thursday (general news and-advertising issue) with a statistical issue on
Monday]. Other
Chicago—In-charge of Fred H. Gray, Western Representative, .Field
Building (Telephone State 0613). London—Edwards & Smith,1 Drapers' Gardens, London, E.C. Copyright 1942 by William
B. Dana Company.
Reentered as second-class matter February 25, 1942, at the nost office at New
York, N. Y., under the Act of March 3, 1879.
Subscriptions in United States and Possessions.
$26.00 per year; in Dominion of Canada, $27.50 per year. South and Central America,
Spain, Mexico and Cuba, $29.50 per year; Great Britain, Continental Europe (except Spain), Asia, Australia
and Africa, $31.00 per year. NOTE: On account of the.fluctuations-In the rates
of-exchange, remittances lor foreign subscriptions and advertisements must be made in New York:-funds.

Commercial
William

in
are

bid combining two dif¬

of

amount

were

Bond Offering—Solicitor James

Rutherford

provided

1965

able, have extended callable dates

Mc-

8

are

in

Lee, New York; Harriman Ripley
ferent rates of interest will be ac¬ & Co., Inc., New York;;
Harris,
Hall & Co., Inc.,
cepted.
The award will be made
Chicago; Hemp¬
to the successful bidder subject hill, Noyes & Co., New
York; W. E.
to the approval of the Department Hutton & Co., Cincinnati;
Kidder,
of Internal Affairs.
These bonds Peabody & Co., New York, Bos¬
ton
and
carried
at
the
general election
Philadelphia;
Lazard
held on Nov. 3, by a vote of 164 Freres & Co., New York.
est, but

The

A.

due

1975.

Members

bidder, provided such bid is not

offer became effective

Y

Cally, Borough Secretary, will
(EWT)

Offerings Wanted — Joseph T.
Sweeny, Director of Finance, will

Sutherland

high
made

was

Aliquippa, Pa.
Offering—Mabel

Bond

ceive*
,

l^s

PENNSYLVANIA

a

>

for

Second

\

Stuart & Co.,

.

incl.

Toledo.

The National City Bank syndicate
offered -108.114 and the Halsey,

Inc., account named
price of 108.035. Several other
syndicates entered bids|;

purchase of $17,000 not to exceed

Philadelphia, Pa.

bonds offered Nov.

rison.

of New York and

tors, will receive sealed bids until
p.m. (EWT) on Nov. 27 for the

6

>

1951

made

Bond Offering—Claud
Mellick,
Secretary of the Board of Direc¬

bonds.

maturities

in

vestment firms and

Bloomsburg,

R. D. 4), Pa.

3%

eligible for exchange, two choices
of

series

of

Oct.'

Bank

the

approving opinion of
refunding
Burgwin, Scully & Churchill, of
bonds, dated July 1, 1938, will be
Pittsburgh,
will
be
furnished.
received until 8
that

& Trust Co.,' St. Louis; First of
Michigan Corp. and Breed & Har¬

was

of

Township School

District (P. O.

crued

Solon, Ohio

Bank, Mercantile-Commerce Bank

amount of the bonds of each rate.

one

the

not less than the par value there¬
of and accrued interest.
No con¬

1.43%.

reject

name

of

10-mill limitation. Said bonds will
be sold to the highest bidder for

offered

17—v.

awarded

composed

tional

Act

accordance with

investment account of the

rate for part of
the bonds of any issue
(having
the earliest maturities) and an¬
other rate for the balance, but no
bid
may
name
more
than two
rates for any issue, and each bid¬
der must specify in his bid the
may

Bond

Code, particularly Section 2293-5

Sinking Fund Awards Bonds—
in the

about

authority of the
general laws of Ohio and the Uni¬

a

Cincinnati, Ohio
The

county

are

under

City from
taxes to be levied within the

.

•

the
or

duly passed by the Board of
County Commissioners on Nov. 2,
1942.
Said
bonds
are
payable

funding bonds will be redeemed

.

.

of

announces that $58,000
works
improvement
re¬

1730—were

N. C.
Bond

Call—C. E. Duncan,

water

cate

Macon

of

tion

Auditor,,

law,

bid

purchase

Barberton, Ohio

Federal income tax

the successful bidder may,
at his election, be relieved of his
obligations under the contract to
purchase the bonds and in such
case the deposit accompanying his

the

and in

check for

York

for

23

tioned

the

bonds

to

Jan. 1 from 1944 to 1955 incl.

New

like principal

a

tor,

form

of

issued for the pur¬

are

of

amount

$18,000 refunding bonds.
Dated
Nov. 1, 1942, and due $1,500 on

furnished

Due

of refunding

pose

City.
General
obligation, unlimited tax obliga¬
tions of the county, regisferable
as to principal only. Delivery on
or
about Dec. 3 at place of pur¬
chaser's choice.
Bidding form to

be

Dated Nov.

$1,000.

which have matured

County Audi¬
Minnewaukan, until 2 p.m.

on

sealed

Nov. 30 for the

on

at the office of the

pay¬

able in New York

Mitchell

noon

M-N.

Denom.

Dak.

Offering— Ben

Pleasant

to

Commissioners, will receive

DAKOTA

Leeds School District No. 6, N.

Mount

Ohio

,

NORTH

rates,

3

Offering—James T. Phil¬
lips, Clerk of the Board of County

$14,480, payable to the State
,

of the
■

an

of

Treasurer.

multiple of lh of 1%

a

and each bid may name two

Nov.

the voters sanctioned

Bond

$3,000 from 1954 to 1962

Rate

the

2%

order

1942.

Thorndike,
Palmer
&
purchase of $22,000 not to exceed
Boston, will be fur¬
Enclose a certified check 3V2% interest refunding bonds. In¬

Dodge,

ing

bid

Voted —At

for

to

1943, $1,000 in 1944 to 1947, $250
issue of $8,000 fire
department in 1948, $1,000 in 1949 to 1952,
bonds.
$250 in 1953, $1,000 in 1954 to
1957, $250 in 1958, and $1,000 in
Scioto County (P. O.
Portsmouth), 1959

ac¬

his

Interest

Middleport, Ohio

election

bonds

approving opinion of

The

1951 incl.

certified check for

$350,
payable to order of the village, is
required.

Federal
successful

the

A

check

payable

Nov. 28

on

of

fighting

F-A.

same

turned.

interest coupon school build-,

issue.

law,

such

6%

incl.

the

noon

purchase

1819

township, is required.

$3,250 4%
equipment bonds.
Denomination $250. Due on Feb.

private

companying

-purchase of $45,000 not to exceed

incl. and

of

the

fire

bidder may, at his election, be re¬
lieved of his obligations under the

Commission, will receive

Dated

for

able by the terms of any

Currituck

ernment

bonds

certified

bonds,

sealed bids until

type and character shall be tax¬

CAROLINA

•

from

by

A

well, Village Clerk, will receive

In the event that

received

FL

of

Jackson Center, Ohio

prior to the delivery of the bonds

issue.

Director

Bond Offering—Ronald D. Max¬

,

maturities.

chaser's choice.

the

of

in another

office of the

nance.

only; general obligations; unlim¬
ited tax; delivery at place of pur¬

order of the town.

"above

the

the
cost

interest

York.

a certi¬
payable to

$600,

purchase

to

lowest interest

Principal
payable
in
New
Registerable as to principal

and

Proposals

accompanied by

check

the

at

county, such cost to be de¬
termined by deducting the total
amount of the premium bid from
the aggregate amount of interest
upon all of the bonds until their

the First National Bank of Green-

-in New York

offering

bonds

single:
rate*of interest, expressed in a
multiple of % or l/10th of 1%.
Prin. and int. (J-D) payable at

.

& FINANCIAL CHRONICLE

THE COMMERCIAL & FINANCIAL.CHRONICLE

1820

•

800,000 3s. Due Nov. 1, as fol¬ system revenue bonds.r Dated Oct.
lows: $75,000 in 1953 to 1956, 1,1942. Denom. $1,000. Due $10,and $100,000 in 1957 to 1961, 000 on Oct. 1 from 1945 to 1954
Interest A-O.
Callable in
500,000 3V4s. Due $100,000 Nov. incl.
whole or in part at the city's op¬
-1, 1962 to 1966.

curities

Corporation, L. F.; Roths¬ The block is part of

an issue pur¬
chased in, 1939 by the Prudential

child & Co., Stranahan, Harris &

Company, Inc., Bacon,, Stevenson'
& Co./B. J, Van Ingen & Co, Inc.',

at

Nuveen
&
Co, Hemphill,
Denomina¬ tion,. in inverse numerical order Noyes & Co., Roosevelt & Weion
any interest date at par and gold, Inc., Paine, Webber,- Jack¬
Principal and interest
to
redemption son & Curtis/Harris, Hall & Com¬
payable at the Chase National accrued 'interest
-Bank, New York. The bonds, is¬ date, on not less than 30 days' pany, Inc., Eastman, Dillon & Co,
sued by the Municipal Authority advance
notice.
Payable, from Kean, Taylor & Co, Graham, Par¬
of the Borough, a public corpora¬
revenues
of the, water
system,- sons &. Co, Coffin & Burr, Inc.,
tion of the
Commonwealth, for after prior payment of various Hawley, Shepard & Co, Otis i &
the purpose of acquiring a pri¬ operating charges.
,City will fur¬ Co,-Inc., "Hayden, Miller & Co,
vately-owned water system, in the nish legal opinion; of Chapman & Field, Richards & Co, Braun, Bosopinion
of
counsel,
constitute Cutler of Chicago, and all. bids' worth &■ Co, C. F. Childs & Com-;
valid and legally binding obliga¬ will be so conditioned.
A certi¬ pany, Eldredge- & Co, Inc., New-;
tions' of the Authority, payable fied check for 2% of the bonds, burger, Loeb &
Co;, Cumberland
"solely from the operation of the payable to order of the City Securities Corp., Geo. ,B.. Gibbons
water
system
acquired by the Treasurer, is required.
;
>
s & Co, Inc., R. S. Dickson & Com¬
Authority and any extensions and
pany, Inc.,- and Nashville Securi¬
Nashville, Tenn.
/
additions * thereto
and
hereafter
ties Company. .'■
>Z;!Z ZyV'z»})
'made. The Authority, in the opin¬
The, bonds
in the -.opinion- of;
Secondary OfferingZ- A syndi¬
ion of counsel, has power and is
are
valid
and ■.}. binding,
cate headed by Blair & Co., Inc./ counsel
.obligated to fix rates and collect and
Halsey, Stuart & Co., both of obligations of the city secured by
; charges for the services furnished
New. York, purchased on Nov. 18 a pledge of, and ' payable. solely
by said water system so as to from the Prudential Life Insur¬
from,; the■ revenues derived: from
provide
revenues
sufficient
to ance Co. of
Newark,- a block of the operations of the "municipal
pay, as the same shall respectively
$5,990,000 "2W..'series A electric electric power plant and distribu^
become
due, the principal and
tion" system of the citywhich, has
power revenue bonds at a price
interest on the bonds, in addition
of 102.38, a basis of about 2.05%; the: power, and has convenanted
to paying the necessary expenses
Dated June 1, 1939 and due se¬ to maintain rates sufficient to pay;
of operating and maintaining the,
rially on June 1 from 1951 to 1959 as they become due, the' pr incipal
system and to establish an annual
incl.
The banking group made and interest on these'-bonds,-. as
fund to provide for routine capital
public re-offering of the bonds well "as to provide for all oper¬
additions.
Legality approved by
from a yield of 1.40% to a price of ating maintenance expenses and
Thomson, Wood & Hoffman of
for reserves for renewals arid,re¬
103.25.
They are part of a total
New York, and Burgwin, Scully
issue Which was outstanding 'as placements and for debt "service:
& Churchill of Pittsburgh.
of June 30, 1942 in the principal;
Bond Sale Comment —In con¬
amount of $13,780,000.
Legality
nection with the sale, thej- New;
RHODE ISLAND
approved by Caldwell & Raymond

Dated Nov.

96.57.,

V-

.

.

"The y three / banking
headed respectively by

..

John

•

Monday,-November ;23; 1942

'

1, 1942.

;

the Ranson-Davidson Co, Wich¬
ita, and, the Columbian Securities
Corp, San Antonio, jointly,- as re¬
ported in v.'156, p. 1006, were sold'

■

groups,

.

Blair

at

&

Co, Inc.,. Halsey, Stuart & Co,
Inc.; and Blyth & Co, Inc., com¬

tion $1,000.

price of

a

100.054,

basis of

a

about 2.394%, as

follows: $36,000
2 V2S, due $6,000 on April 1 from

as

•

bined

1946

yesterday under the lead¬

ership of Blair & Co, to purchase
the bonds,"

.'

,z

trict, Texas

TEXAS

■/

-

Fieldton

Independent

School Dis-,

,■'

■

.

-

and

r-

turing in the

Note Sale—The issue of

$300,006
12—v. 156, p.

notes offered Nov.

;

1652—-was

awarded

to

redeemable

Goldman,

0.81%
discount. Dated Nov. 12,1942 and
due Nov. 12, 1943.
The First Na¬
of

Bank

best bidder,
0.89%.
-

,

Boston

naming

TENNESSEE

'

Cleveland, Tenn.
Bond Offering

v

City

Clerk,

bids
the

until

will

2

maturity.

<

with

Blair, &

Halsey,

and

in, the

offering

Co.;

group

Brothers,

Lehman

Corp.,

sealed

Moseley & Co., Stone &
and

purchase of $100,000 2% water

Inc.,

Blodget,

General.
due

F.

former

S.

was

bid. of.

Ohio Water Service

list of corporate-bonds, notes,

a

British & Continental

American,
tures

dated

American

I,

/;

•

:

,

Corp.' 5 Va rio

conv.

Common

mtge.

gen.

sinking

I,

due

Corp.,

Corp.

1738

Tennessee
lien

Continental

1

1604

1

1771

15-year conv. 3V2s, due 1951__^Dec,
Corp., preferred stock__L.____.i_-.—_Jan

■

Denver Tramway Corp.

gen. &

Eastern Car Co., Ltd..

ref. mtge. bonds, due 1950_Jan

1694

■

'

Co.

1780

4T deben.,: due -1956__r_Dec .1
General Shoe Corp., 15-year 3V4'/ deben.,;due-1956—-.-Dec
1
Graton & Knight Co., 1st mtge. 43/4% bonds, due 1951_Dec. 1

1689

Fairbanks.

Morse & Co.

Great

Northern

G

H.

and

Ry.

20-yr.

July ,'1.

due

6^0

d

,•

Jefferson*&
1st

Clearfield

mtge.

1695

■

moneys 1st

&

due

Mortgage Co.,

ser. A & B, -

'1615

/

L1615

i
•

1st mtge.

..

..

2

1

mtge.

3.6 (/o

1690

due

4s,

1960_'. Jan

bonds

20-yr.

Dec-

1609

1
1

'

1776

1690

--Nov 21

:—-Dec

-

27

Mayaguez Lgt., Pwr. & Ice Co. 1st mtge. 6V2S due"1953_Jan
1
Properties, Inc. secured 5V2s debs, due 1946_Nov 25

1690

1690

Mercantile
RR.

4Q

bonds,

foreign

series., due

1960

Mississippi River Pwr. Co.

1st tntge.

5s.

Montana

1st

5 'c

Coal

Iron

&

Co..

mtge,

Dec ,1

due 1951___-__Jan
bonds—

1691

1

The dividends announced this week

Corp. of N. Y. collat. trust mtge.

due

B,

Abbott

Name ol Comvany

thare

Laboratories,-common.

Extra

1777

Nov 23

National

Steel

Newport

1st & ref.

New York,
6 'i>-

Corp..
&

mtge.

2 V2 'r

due

1950

York

Merchandise

New

York

Railways Corp.,

Niagara
North

Ohio

12

1777

1

t2283

1st mtge bonds, due ,1947_Nov .25
—i.—1
—Dec 30

1691

Gas

19^9

Electric

&

Co..

Inc..

prior

rToifd

lien

Falls

s^ock—

-

Co..

Nov

" !

1—

——

1

Co.

preferred

1st

&

ref.

316s of

1936—.—-Dec

1

debentures

stock




due

1954—^

6 4

1778

&

ciass A
Co.

-

—-

Dec

15

.

1611
1242
*

1692

Gas

Atlantic

Coast 'Line

Atlantic

Coast

Iron

Bayuk

Mfg.

preferred

American

American
54

6 7c

B

12-

12-24

(quar.)

Business

Chain

SI

-

(year-end)

Shares

Cable,

-

12-15

pfd. (quar.i

<quar.)_—

12-

12-23

12-12

2-,
1

■.,

.;

preferred

preferred

Blue/op

11-27

'
-

Boss

Scrymser

1-

2

12-15

1-

1

12-22

6%

12-

1

11-16

Boston

<1-2

12-21

Boston

50c

$1

&

&

Co,

2

'

Boyertown

2

"

12-

1-

4

12-

4

2

'12-14

-:$1%

1-

2

12-) 5

1-

2

12-

4

12-15
-12-

1*

50c

12-26

$1%

12-26

»12-16

15c

12-10

11-30

$3

12-21

f

•

•

12-15,

11-30

12-16

r

:

12-15

12-15

12-

1

;ll-25

$1

.<

12-30

12-

12-30

12-1

10c

12-21

12-

$1',4
.

$ 1 (4

"12-31
12-31

<

JIV2

•

12-~5'
12-

5

1- 2

12-15

$2(4

(year-end)

12-21

11-30

,Z-»

.

$2
•

62

-

12-23

11-30

10c

12-21

12-

Vac

2-1

$1

"

~Y~

12-22

12-

12-15,

11-30

11-16

11-9

37 Vac

~~7

(quar./

.

1

7

12-15

50c

(quar.Z-ZZZv

(Conn.)

12-15,.

J20c

% 30c

'

$ 1 \'2

^

25c

12-

15c

(quar )_

12-15

12-

12-18

11-30

$1(4

zZZ/

•

i

2

1-

$l3i

1-

11-18
1

12-

8

g

11-25

12-1

11-25

$30c

12-31

12-15

12-18

50c

.'

11-20

1

$1

12-15

11-30*

$5

Co.____^__ZZZZZr"

1

12-

SIVa

I ------

cfass"a"(s-a)ZZ.-

.(year-end)
(reduced)

12-

12-

40c

_

2

8 7 (4 c

(quar.)

11-30

11-18

$ 1 V4

12-

3

l-i2

12-10

30c

12-11

11-27

$1V4'

""

12-31

-.25c-

(year-end) '
*
"•-•**« '".V
Briggs & Stratton Corp. 4 ;
r"'
Bright (T. G.) & Co., sVc pfd.
(quarZ)ZZZZ
-

-

\

1-22

25c

Machinel

Breeze Corporation

12-15 * '

12-

1-

'

(year end)
~
Burial Casket
(quaf.)ZZZ

12-

9

'

n

Railway (quar.)
Herald-Traveler ■ (extra iZZZZZZ'"

Wharf Co.

12-J

12-31v

12-21

12-

25c

20c

Brass

Manufacturing

12-15

$ 1V2"

12-21

$3(4

,

1

■12- 9

12-23

com;"""iquar;)Zlt/tL

(quar.)

12-15

a2-i5l.
tl''"'

12-23.

$3

30c

Z"*"7>*""

(quar.)

$114

common

12-

"

~

(quarj
Mfg._^
}

Corp.

50c
*

4

12-15

$1V^

"'

pfd.

Fdy. &

Boston Elevated

•

4

,12-

$1

)

(quar.)ZZZ"'
(year-end)_____^ZZ~Z~"

Brewing Co. 6%

Aluminum

Borne

12-

12-24

.

..

Birmingham Gas, $3,50 prior
pfd.
Black-Glawson Co. com.
(quar.)

Bohn

12-18
-

$7

12-15
11-16

25C

,

tyear-cnd/ZzZ

Birmingham Electric, $6 pfd.

6 %

12-11

1-1:

1

$3

1-

4

5c

(year-end l
conv.

'

Radio

$3A2

(s-a)

common

Cigarette & Cigar,
preferred (quar.)__j_._

.

$i?/2

;

Mfg., 4%

&

37Vac

(year-fend.)^

'

12- 4

1-15

35c

„L„__1
com.

Bemberg Corp. !'■/„■ pfd.

preferred

American

class

;..Z

3

1

1-15

pfd.Zaccum

8

12r24

12-10

y

Co.,

Birdsboro Steel

0/ Jtec.

1-

1

2-

11-28

$2

pfd,"

Co.

12-

12-

•

$3

$2.25

Cigars,

Beacon

4

25c

"

ZZZ"""""/' '*

Line..RR. .(year-end)
Cotpi; conuxion_i^aZZZ

Works

12-12

2-15

$1'4.

'

(quar.)„l

Light, 6%

Atrahtic Rayon

12-12

12-12

'pfdZiZ/

1

commonZ-Z-—/-

Refining,

preferred

Bath

Hdldert

12-24-

20c

(quaiy)—

of America,

American Central

A,

5%

Atlanta

Belmont

10c

,

4

—

|year-end)

Gas

Supply Mfg.,

Aluminum

American

25

secies

Aero

Oil

"

$6

Co.4_.i;__'

Belknap Hardware
When

Payable

■■

40c

.preferred .(qliar.),

Adams

$1.50

Jan

bonds,

:
Power Co..

1691

Co.,

——Jan

—

American
Oil

JDec

due

Ry„

5s, due 1944

New

1958

31

notes,

Hampton

Chi. & St. L. RR.,

debentures,

due

—Dec

^

News

.

44.

bonds, series

1946

Mfg.

&

12-12 i'-

12-17

$1 '/V
$2

$2.50 prior preference

are:
Per'

* ;

,

"

pfd/(accum jZZy

■

'

Mortbon

>

•

2
2

1-2

B

//* preferred <quar.) ——•i^____ilZZ'2z'
; Associates Investment Co.,' com; (qmirZ"""",

-

1690

Midi

given

Investment News Department" in the, week when
declared,-•
> ;
.

or

•

'5

we

-

A

------1Z___„,_jZZiz3I"ZZ'*'~~"**'
Oil

11-

■■

15c

:

and

•

of

-4-_,4L_„„__ZZZZZ

Class' B ;(year-endfcr::.

Ashland

12-

■'

Asbestos:Corp.,. Ltd. (quar.)

are

12-

55

the

(quar.)

Corp.

'! Arkansas Natural Gas 6'!/
V, Armstrong Rubber, class A

Corporation

1690

share

&'Tel.
Co.^(quar.)
American Woolen Co., 7r/o

v/.

ol Ree.

12-21

12(40

Z"'
(quar.)_i__i.._~ZZZZ
Applied Arts Corp.
(year-end/j„i„jyZZZ"
"Arcade, Cotton Mills, 6% pfd.
(s-a)ZZ~~"**-.'

Then we follow with a second table in
show the dividends previously
announced, but *
which have not yet been paid.
Further details and rec¬

which

13(4

American Tel.

Edison

Holders

Payable

i5c
.

V.k prior preferred

tSee Volume'155. ■■'if.

ord of past dividend payments in many cases are
under the company . name in our "General

Indiana County

Co.

we

each

Stores

Apex Electrical

in

T- 1

When

;

12-21

y-

non-cumulative

Arizona

amount

common, payable in the
share of 5 4, pref. stock

one

'

current week.

---Jan

Iron

20-yr .bonds-,

3.6 '<•

514

Dec

income deben., due 1948..

5%

1689

„

1950

RR., unified

Marshall Field & Co.

mtge.

1

first

that

25c

Building Co., com. (year-end)
preferred,^;
^
Co./
41:* ,f,
"'
American Sugar
Refining, 7%' pfdflquVrZZ;
American Surety'. Co/
y.
1
T/o

American

-

'

considering

Snare

American Ship

grouped in two separate/ tables. / In the
bring together all the dividends announced the

,*

2

1950____—Dec
■

1st & ref. mtge. 5s,
Z
:

Coal

bonds

5'y

Louisville •& Nashville

,1st

due

Dividends

■>

(year-end)

,

Extra

-

com.

75c,peV share"on

of

1958

Issue-1.

Bond

are

of

$1
1
American Service Co.-class a- V"
;.;. $3 preferred '(annual)i_;'j_4__lZr/_ZZZZ

-

DIVIDENDS

1774

B

to

the county's general fund.

National Finance Corp—
non-cumulative preferred
(year-end

i.f

**

•

160 7

of

&

stock for

-,

•

,

"<

gold bonds, series A. due July 2,-1943—Jan

International Paper Co.
due 1947

Lincoln

-

Dec., 8

Times. Inc. 10-yr. serial debs.,
Telephone <fe Telegraph Co.— -

1st mtge.

series

1946

Hartford
Home

bonds,

4conv.

mtge.

gen.

to

(quar.)

American

1157

'

'

ratio
.

A

1947

$617,810 bonds to fund

overdraft

Bldg.,

1st

•Announcements in this issue.

1047

the

(quar.)4__„4_}YY}}Y

common

American Hardware
■'■■Extra

1613

'

lr

bonds, due 1952_„Jan'T

1st mtge. 6%

issue of

an

Large

officials

IIZ "

Steel Corp*," serial
debentures, due 1944, i 1946, 1947, 19*48 'and 1951,-—-AiLAcl—Dec 3L
11615
Walworth Co., 20-yr. 6(/ debentures due
■;•.'••■<1.
t-Apr I 1
Warner Bros. Pictures, Inc., 6%' debentures
due'1948-'Dec 18 -•
West Virginia Pulp & Paper
Co., 1st mtge. 3s/dUe T954-Dec : 1
1616

1688

Considers

County

.

■

United

1771

from

County (P. O. Fort
Worth), Texas
;

:■
common
held
j I'
American Export Lines. 5
(/.pfd. (quar.)
American Felt Co., common
(year-end)
6(c preferred
(quar.)
American Furniture Mart

1613

1688

1

.

Corp.,

Steel

1

Coal

B

Co.

Interest A-O.

}

(ouar.)Ji:i.JT

common

preference

y
1612
..

States

l

&

of
re¬

Tarrant

Athens),

'Special' dividend

1613

debs., due 1945—'£_Dec 15;'
6% debs, due 1945—2
purchase

Class
■

.

bonds

RR.

Oct.

on

Nameef Company

class

,

1603

30

Dec

Consolidated Oil

;

1945.

4V2S, due 1951i__^Jan

1st & ref.

V

'■*

.

1

pref. stockJDec

>

bonds, series

1968

Ry. & Lighting Co.

f.

s,

Due

314s.

as

<.

Colortype Co.,

Class A

-

l

1687

1950__J-__-_-^-_Dec?
conv-.

-

'

Sept. 14

<

■

1

through Crummer

Dallas,

preferred i.ve&r-endi
American Cyanamid Co.—

•>.,/'

•

funded
of

5%

;

conv.

Consolidated

6 Yv

Third Avenue

1687

Sweetwater, Texas

Knicker¬

-

;

v

»

1612

Nov 27
mtge. 5s dated July 1, 1887-——Dec
l"
Toledo Ediscin Co., 3'/a c/« debentures, due I960——„t)ec ^
1
United Gas '8c Electric
Corp.^ 7% pref. stock-—Dec
1 -

.

1st mtge. 3%%

10-yr. "conv.
10-yr.

^

Wash¬

April 10 in

on

American

1332,

,

Studebaker

/

ref.'t••'/•v!-'

collat;

like amount;!

a

having a maxi¬
maturity date up to 1972."

bonds, dated April" incl.,

due

1

5s, due, 1950—Dec

&

by

refunding bonds, dated
15, 1942, optional'in part

Per

1*692 ;

mtge.- 3%-6(:e.»v

mtge.

&

awarded

1692

.Scoyille Mfg. Co., 10-yr. 314 (/ debentures, due 1950-^-_DeC'12 ? ■
Joseph, Alberta,- 1st 6s, due 1937-J9484d-^Jan. ...2,
Staley (A. E. ) Mfg. Co. 7% pref. stocks———I——-Jan /l?.
Studebaker

(1938 issue)Dec

6% red.

Ltd.,

Commonwealth Edison Co.,

ref.

a

21/2%

mum

County: Consolidated

1778

deben.;. due 1949—iDec^ 1

1st

■:}

-

reports, the city has

press

Page

.Sisters of St.

1146

1

Gas & Electric Co., 1st mtge. 3VaS, due 1967_Dec,

Colon Development Co.,

;•!

•

1738

fund debentures,'due

Date

series._;jJan',13/.

Electric Co./ 1st mtge.

,

after 10 years and

Houston, for the origi¬

bonds

—

———Dec

4% 'jo

road

basis;

lstTienv&

of

:"y; " ;
Texas
■■
'y y;;
Bond Issue Details—The $50,000

!2039-„L_i_—15

Congregation,

:1738

:

sinking, fund debentures

Conn.

General

Vojtiechus-

bonds, due! 1956„Dec

5

stock

4%%

^ Cincinnati

deb. due 1944_Dec

stock

Champion Paper & Fibre Co.—
k,

bonds,

—uDec

Corp;,

;.

Salmon River Power Co., 1st
mtge. .5% bonds/due 1952_Feb
1
San Antonio Public Service
Co., 1st mtge. 3&s, due
1970
!
—:„L——_—-L-A-;——Nov; 25

■•••■

1413

Preferred

5'/«

Portland

1

Bendix Home Appliances, Inc.,
Belvidere Hotel

due

A,

Public Service Co. of
Colorado, 4%

—,!--Nov 30

conv.

mtge.

:St.

1737

5%

series

Pittsburgh Suburban Water Service Co.

debs, due

J

Atlantic City Gas Co., 1st mtge. 5s due l960^_i„__o___Nov 24
Atlantic Coast Line RR. 10-year 5% notes, due 1945i-,JDec ,15

I

bonds,

.

McClung

r,

Henderson

debentures, due 1952__Dec 15

Co.-consoh

L.

Road District No. 1 (P. O.

sinking fund bonds, dated 1936—A__—___Dec

——Feb

Chemical

3V2%

1, 1956.

be refunded

San

incl, have been exchanged

/» /•'
certificates, series D, due 1944—'XANov 30 /
conv.

Dec.

signed

/

1955 and 1956.

;

of

par.

nal 5% district

paid

40-year guaranteed

ing to

Sept,

mtge.

Co.

;

62,1

Saba, Texas ?'
•
?
Refunding Authorized—Accord¬

Z; ' * i

■

County Navigation District
(P. O. Houston), Texas
v

4%.' bonds, due; 1964.1 Dec/l/
4s, rdufe 1964—__.-Dec "i

1st mtge.

1st

,

\

Nos. 61 and

$2,000. Dated
Denomination $1}-

1916.

Due

to'

162

San

Ranson-Davidson Co.

bocker of

re¬

/

-«

.

RR.-Pennsylvania

3V2%"gold trust

gold deben¬

1928.

G.

1949

,

Philadelphia! Transportation

Page

Data

5%

Corp.

Co.,

Phelps.Dodge Corp.,

stocks

,

„

Valley Power Co.,

""

called for redemption,
including those called under sinking fund provisions.
The date indicates the redemption or last date for mak¬
ing" tenders, and the page number gives the location in
which the details were given in The "Chronicle."
Company and Issue—►

the

Antonio, at

2.05% basis, which

or a

Nos.

of. $7,000.
Denomination

refunding, contract
whereby its $203,000 4-re¬
enue'bonds, reported sold in vV
funding bonds, Series of 1937, are
156, p. .1566, ,were purchased by
to

to 1952

syndicate

-102.20, or a 2.Q6%

Company and Issue—

Pennsylvania

common

102.38,

1,

amount

1, 1917.

Due Dec. 1, 1947.

I,

000.

—

Zrevey through

price

Dec.

Sept. 1, 1942 and

Gonzales, Texas

;

No.

the

Road Dist. No. 8,
to the amount of

Purchaser
The $225,000 3%,
3Vi%:and 3%% water system rev¬

Paris-Orleans RR., 6,% bonds, foreign series, due 1956:—Dec :,T
Parkview Realty Co:, lsc mtge. bonds, due: 1960„^^-.-_iJan
1

Notices
and

The

groups.

•

$1,000.

Interest M-S.

"'■;■

compared with last, week's highest

Se--

Ottawa

combined

a

of

Sept. 1 from 1953 to 1957

on

incl.

Dated

Dist.

to

burn, Copnty Auditor, reports that
Bonds Refunded—An issue
$100,000 1V2% refunding bonds,
due $10,000
annually from 1943 $35,000 filtration bonds was

in¬

bonds/held in its ^in¬

to

issue

approved by.the State Attorney-

Bonds; Refunded—H.

to bid

portfolio, and. later}

•

An

,

—-

Dated Dec.

$16,753,3%% permanent improve¬
;refunding bonds has been

.

$5,990,000 of Nash-;
power

—

.

v

Road

Harris

comprising members of the/three

are

Equitable

Redemption Calls and Sinking Fund
Below will be found

21/4%

terday

Websteij
,

preferred

block of

Approved

Bond

168,

ment

com-;

week

groups,

County (P. O. Corsicana),
Texas •;
;
m ■■;, ;
Call
Joe
E.
Daniel, ;
County Treasurer, has called for,
payment on Dec. 1, 1942,: the fol-,
lowing 5% bonds:
; v.
,
'•
v/

.

.

y,

•

,

'

'

Navarro

In¬

"

Co.t jected all bids, sold the bonds yes/ 10,. 1930, and

&

Stuart

last

banking

M-N...

Bonds

■\ZZ,Z^

,

ville, Tenn, electric

Blyth & Co., Inc., The First Boston

Nov. 23 for

on

p.m.

a

on

vestment

to

Inc.,

«

receive

vited three

nue

Inc.,

Pat Randolph,

—

Company, ; which

fraction

or

,

Noy.} 19}

proved at the Nov., 3 general elec¬

Freeport, Texas

"The Prudential Life Insurance

thereof, from the date of redempi

;>

.

of 'the

of

follows:

as

tion

■:

■>■■■

each-year

for,

Associated

-V<

•

1%

of

rate

a

option

interest, plus a ■premium of %~.of

next

was

the

city; as a whole, of in part in in¬
verse numerical order; on-any in-;
terest date at > par
and accrued

Sachs & Co., New York, at

tional

at

mented

1955-1959 are

years

"Times"

$1,000 in 1961 and 1962.

terest

•

York

;

,

herst, at par.Dated May 1, 1942.
Due May 1, as follows:-$500 in
1948, $750 from 1949 to 1960 incl.

•

ma¬

'

to the First National Bank of Am-'

.

The bonds

trict, Texas

,'

/,

«

Bonds Voted—An issue of $20,000 construction bonds was
ap¬

f Bonds Sold—An issue of $11,500? tion.
.4%. refunding bonds has been sold

•

City,

$14,000 as
April 1 in 1952

Hermleigh Independent School Dis¬

.

of New York

and

on

and 1953.

■

.

Cranston, R. I.

incl.

1951

to

2y4s, due $7,000

$1 Va

,12- :-l-.'■

75c :

t$l Va

12--' 1

11-21/

12-15/

12--1

12-15

12- ,3

12-15

11-30*

-

'V
•

Volume- 156

Number 4127

THE COMMERCIAL & FINANCIAL
CHRONICLE
Per

v..

......

rNdmeof Company,

,

EfuCk.Silk

3,5c
1

>■</-,.•./■v.

.

Arher.

deposit rets, tor 5%%"preference..-:
California ink GdJ_!!/__./r;:!i!:!-!-_!!!_./

$1 •,; 12-28

12-18

12-

4%J guaranteed

'

4

5c

11-20

'/50c

12-31

/

/

■

$2

4

12-11.

&%,-preferred! (qute)-_!!/_!_:■

IV'

12-

Carthage.kJlUs,common-ikL-l;:*-i_z>__-^-^-,: - 25c
6%,. preferred A (quar.)Vlvrj;rk-_\:,„i;__-.'$ 1 Vi

"1-

$2'

$i2MiC '

(quar.)—

class

Iron

(quar.)'— 1——_

Harvester

Co/

(quar.)____

Peoples

11-20

1

11-20

1

11-20
12-24

12-31

11-27

1-15

12-19

11-30
1212-

1

12-10

7.% preferred (quar.)
——;
Joy. Manufacturing (quar.)

1

12-17

20c

12-15

11-28

common (year-end)
37(4c
preferred * (qiiar.)_—*•- $iye
Company
—L__25c

12-15

11-30

1-

2

12-15

12-

1

11-21

12-24

11-27

$4.50

Kellogg

-

Kennecott

:

Copper

'

__v

25c

■■Special

v—..-^.±.4—.$1
Key West "Electric '?%"pfd;. A (accum,)'J__—/
$3(4..
Keystone St.eel & Wire (year-end)/.—/___
25c

12-24.

6,% .preferred, B:
Cbntral 3teel;& Wire 6,%
Century EJecfrtc Co. iquart)i_ri_;rlkrV_-_--- " "
10c;. "12-21 " 12-12 ."/ Kilburn Mill —__:/V——
$2
Chesapeake'& „Ohip: Ry.;'cpm7 (quar.)^V_-.". >\"::; 75c-,
T- 1 1 12-. 4.
Kimberly-Clark Corp." com.! (quar,)_/_—___/
25c.
:'Extrav/^^;:;:kj:;7V--l^:L_wV7_v;:''
50c
12,-26
:I2- 4:-;.'a
Extra
J
50c..
$4 obn-pUm/serv/A pfd.
(quar.)' V$l
l- 1/', 12- 4
6% preferred (quar;)
:
'
$1.(4Chesbtough 'Mfg;; iCcmsoi.) -(quar;)/™!!;.::. v*
$1/: .12-14:,
.11-27-;
Kingston Frodiicts Corp...——6c
'.Extra
——'
25c-" .12-14 ;
11-27./'. ' Kinney Mfg. Co. $6 non-cum. pfd.__—__
$1(4
VChristianal Securities com', : (year-end)/™!!'
$18.10
12-15:
11-23 ,;
La Salle Industrial Finance
Corp. com. (qu.) ^
33/4c
t
,7% preferred ' iquar.r-—i—
$1%
1-2, :12-19 V
k70c class A (quar.)' 17(4c™
Chicago Rivet & Machine Co.;V_7;^i_:j_-_.;, ; 12„*/ac
12-15"!; 11-25',-•• La Salle Wines & Champagne.!—_//;
5c
Cincinnati; Street';Rwy. '.(yeaf-ehd);_l;-_v^_ :r' '40c ,,,12-15:/ ,12- IV,; Lake Shore Klines,.-Ltdi
(quar.j____„$20c
City/ Ice & Fuel; com™!™.;;™!™!!;!!//// 30c ; 12-15 ; 12-1
Lamson & Sessions Co. common.!-!—;
10c
'6V/% preferred ,'<quRr.)i;_;__:r!_-™_™
$1%/ 12- 1 1 11-23 "•/
$2.50 .preferred
(quar.)
fc.ii!--—
62(4c
Clark

12-

1

1*

,

1

12-15

,12-

Pittsburgh
Placer

//75c

12-12 V

$!%-:'

cliffs .c<?rp. /_™™_;™™;_i™™i_r__

12-

2

20c

-1

12-

11-30.

2

Lang (John .A.) & Son (quar.)—
Langley's Ltd., 7% conv. pref. (accum.)—

!5 V2

•

12-23

11-10 ^
12- 1

11-25

.11-25 v/ Leath

&

Co.,

$2.50

Life;,Ins.,

CO,

(Louisville,;

-:■•/-

.

*

12-

12-28

25c

Copperweld Steel Co., common (quar.|__„__
..'5%, conv. preferred Vquar.) V;:i_;iCL;__—
Cprnell-Du.bilier Electric, commonV-™!—.-

Special

i:

.

20c

15c

25c
Co.,-common tyear-end)____.v— v $2
preferred (quar.$iy4"
,

Crucible Steel

."

.5'/$

conv.

Cutler-Hapimer,
Delaware
Detroit

&

Steel

RR.

(quar.)__^;_ -

com.

Co., common

Pont

(E.* I.)

11-30

12-

1

'

>

Durez Plastic

.6%

t$l3/4

1-

_•

com.

-

,

.

common

(quar.).. ;•/'

(quar.)

12-15

,

com:

(quar.)
"preferred (quar.)
,5% conv. pfd.-series 1941, (quar.)__r__-V_"';
El Paso Electric, 8pfd.:
(quar.)
5%

■.7fe

preferred A

Electric

Boat

Empire

'

Power

(quar.)J

1

/.11-20

.

V

,

12-15
12-15

$lVa

1-15

;—

$1%

"Co.5...VC—V-*,

$l3/4

Company, common
preferred (quar.)—
preferred

$2

12-15

11-24

12-24

12-17

1-

2

12-17

1-

2

12-17

(quar.)—
$1.31(4
Linotype Co.—$1(4
—

1-15

$1

,

10c

11-30 1

12-15

25c

II-20

Utilities,' common—!„!!!!!__—
25c
preferred (quar.h—;
$1(4
Judson, Voehringer Co
25c
Montreal Cotton, Ltd., com. (quar.)
1$1
,7% preferred (quar.)t$l3/4
5%

.

—

__—

Morgan-;, (jr. P.) & Co. Inc.—!_!—_!!!— /'/ $1(4
English Electric Co. of Canada; Ltd.*^w/'rV,,./y';V:;-''
$2
//
.
v//.; ; \ /* / Munson Line, $4 preferred "A__
;$3, non-cumulative .clasa A (quar.)-/ili'li.rr' f62VaC
Muskegon, ..Piston Ring_i—/__—!—
12-15/ 11-30
_/
35c
Ejrle.& Pittsburgh. RR. gtd.~stock/ (quar.)V-'- / "-:; 80c
Nanaimo-Duncan Utilities, 6(4%; pfd. (quar.)
81 (4c
12-10/ Vil-30
Eyer, Ready. Co/ (Gt. Britain),
National Aviation Corp.
(year-end)__
!
50c
Ltd.—;.-/'/c'-V'
•;

Ordinary • stock," (|nt,erim)Lr.-V-,--V_V--—L/'-.v''. 15
121- 5- V
/Preference, stock; (interim)/
—i-V-V-—" :,'•/* 10%;
'12-, 1 /.ll- 5;s
Fifth & B Corporation——„$1(4
12-15.,, 12- X/.;
Firemen's Fund Indemnity (S. F:)^ (quar.) —./:
60c
12-15
12-5 ,.r
Fisher Manufacturing Co._—$1
,12- 1/, 11-18
>
r

Food

Fair..Stores,

common

(quar.)_—.

.

25c

12-15

v$2.50 preferred (quar.)__
.'/ 62M2C
Co. (year-endl—_; V *
25c
Four-Twelye .West Sixth Co. (annual) -V_-_/. ,/ '- $2
Gar Wood Industries, 5%. pfd;'(quar.)—/—_ V.: 12V2C
Power

Co.,

(quar.)—

common

Extra..—-/———

Class. A

$3

.

conv.

1

i

5 ;

/ National

1- 1 /
1-1/

$12%c

National

.

10c

12-

General

National Transit

12-

New

England Tel.

New

9

6(4%

/

preferred

Newport

/11-30/

12-15

12-20

12-10..

Gillette

12-15

12-

1

6%

2-

1

1-

2

53/4%

1-

2.// 12-12

;

1-

$6

$5

Razor

preferred

(quar.)—-_//;

Glen Falls Insurance Co.

Goodall Securities Corp.
Goodrich
'

5%

'

Power

(quar.)

(quar.)^—

Smelting

Oil

V

(quar,).

Corporation

Special
Hale

Stores

1

1

$2

_

25c

12-15

,

$1

12-16

65c

(quar.)_;

•

12-

(James)

(quar.)—87(4c

Rock

Gold

Hart-Carter,

$2

Mines
conv.

Common

(interim)——,
pfd. (quar.)______

—

Furniture Co.

Haverty

Hawaiian Commercial &

12-

1

1-8

*

1-2

12-

Central

Pacific

Mills

Pacific

}

Western

&

Package

11-20

Page-Hersey

11-20

Machinery

Paraffine

4-'

Oil. Corp. ""(resumed)'—!

Co

_L,

Tubes,-Ltd.

Companies, Inc.,

4% preferred

11-25

11-20

Park

25c

11-25

11-14

Parker

Appliance

50c

Patjno

Mines &

Tilford

com.

6%

conv.

Co.

12-

12-5

12-15

12-1

Chemical Corp. common
4(4% preferred series A (quar.)
!___
Hiawatha Oil & Gas 5% pfd. A (quar.)

75c

12-

11-24

Pato Consolidated .Gold Dredging

$1.06(4

12-

1

5

Dividend
U.

S.

11-24

Peerless

12(4'c

11-13

11-12,

Pend

50c

11-25

11-18

Penick

40c

11-25

11-12

Penn-Mex.

25c

12-13

12-

Pennroad

6%~pfd. (quar.)
$1(4
Hudson Bay Mining & Smelting.
J$1
Huron & Erie Mtge. Corp,
Cauar.)_^__:
$1
Hygrade Food Products (initial)
—30c

12-31

12-11

12-21

11-27

Hines

(Edward)
Land

Holland
Honolulu

Hooker

Lumber

Co.

Oil

Corp.

(liquidating).—
(quar.)__

Electrochemical




...

4

/1- 2/- >2-15
12-18

>12-10

1-

1

12-16

12-

&

Ford,

Co.

pfd.

&

$7

,,

•

12-15

(interim)

Co.

12-

11-30

12-

11-25

II-24

62V2c

12-31

1

!

11-18

12-15

.11-30

12-15

11-30

12-15

11-30

12-14

11-27

12-

$1%
"

(quar.)

$10c

1

11-16

12-15

11-30

12-

5

11-25

$3

1-

1

12-15

30c

1-

1

12-15

$$l3/4

______

I-

2

12-15 "

11-16

12-

1

11-20

$l3/4

12-

1

11-20

$1%

II-30

11-19

$iy2

pfd.

11-30

10c

11-30

11-19

50 c

11-30

11-19

$1

12-15

10c

12-21

11-30

50c

12-21

12-10

2

12-31

$3

__

•

(quar.) _______!!_

:

(accum.)"

/

1-

$l'/4
T

50c

12-21

$l'/4

,

12-21
1-

$3%

—

of

1

11-30

12-10
12-10
11-28

&

//'/•''

Kentucky (quar!)/!!!!!!/! /
Spring (year-end)!——_!!!_ ' ;
Co.

25c

Co.

12-

11-30

11-24

25c

(resumed) !!!!!!__

12-15

50c

!

Fuller

12-

1

11-24

'12-7

11-23

25c -

"

75c

12-15

1

12-

1

30c

12-15

11-28

5c

partic.

• (quar.y!_—!!!______!
(quar.)—!

pref.

Texas

Company
&

12-15

11-28

1-

Thermoid; Co.

$3

Ry.

preferred

1

12-15

1

2-

12-17

1-

1

12-15

1-

"//-$1

2-

12-

4

12-15

12-

1

30c

12-15

12-

3

75c

12-15

12-

3

12-

4

*

(year-end)

com.

12-

12-15

12-30

50c

(resumed)

1

12-30

" 68 %C

___________

Pacific

(quar.)

/

,

75c

Sugar

11-30

11-20

30c

Co.

Investment

Trust

12-10

25c

12-

11-27

"""

Corp.

Oil

Co.

20 c

12-

12-15

12-

12-

30c

*

12-15
12-15

1

12-

$2

(extra)——!

12-10

$10

V

(Pittsburgh)

12-10

'12-15

20C

Co.__—_—
Co.

7

$1%

(year-end)

11-20

11-30

12-

12-

12-15
1-1

11-19

$7
50c

1

11-20
12-

11-30

11-

8

12-

1

12-19

11-27

12-

1

11-20

1-

2

12-15

12-23

12-10

1-15

1-

4

75c

12-21

12-

12-18

12-

30c

12-24

12-

__

$1

12-21

12-

______

$5c

12-30

12-15

50c

12-28

12-

8

1

12-15

11-27

—

(year-end)

com.

(s-a)

(year-end)

Valley

Mould

$5.50

prior

Co.

6%
West

Products

—____!—_

Western Real

Estate

Weyerhaeuser

12-

1

1

12-15

12-

12-15

11-10

12*15

11-25

50c

1-

2

12-19

11-30

50c

.

11-20

Trustees

Timber

Gibbs

11-14

15c

1-

2

12-15

12-

1

11-20

$1

___

Machine..

.

12-

1

11-23

12-16

12-

$1.183/4

12-

1

11-14

$iy2

2-

1

1-15

25c

12-

7

11-26

$1%

pfd. (quar.)_
(quar.)____!_'_

(1897 series)

1

$2

,

(Boston) (s-a)

(year-end)

Sewing

12-

$1V2

Wisconsin Electric. Power 4%%

6% pfd.

11-20

12-15

& Seashore RR. Co.—

guaranteed (s-a)___
Virginia Pulp & Paper™

&

11-20

12-1

$1%

special

Wilcox

1

60c

$6

Co.

11-21

12-

50c

pfd, (quar.)__
Wayne Pump Company.—___________
Screw

12-10

12-10

60c

—_——

Power

12-19

$1%

(quar.)________

common..-—

Mills

Water

11-30

y2c

preferred '(quar.)______

Washington
Wayne

'

preferred

12-

11-30

12-15

50c

—

common—______

12-15
12-15

30c

—

preferred

& Iron

Pump

25c*
40c

43%c

—_

(year-end)

com.

5

4

12-16

$1

Co.
Co.

non-cumulative

1

12-30

Graphite
Tobacco

West Jersey

1

12-

50c

50c

;

2

12-15

S.

S.

$2.40

11-19

1-

75c

''

75c

(quar.)

Corp.

Equities (Canada)
Illuminating Co./

Wamsutta

11-30

15c

$1(4

Corp.

Gold

Viking

11-30

433/4c

Elastic

(quar.)
Upson-Walton Co. (year-end)—,
Utah-Wyoming Cons. Oil

11-25

12-15

(resumed)—

Woodward

•,

Below

Governor

we

Co.

A

12-14

(quar.)___

give the dividends

announced in

previous

11-21

12-31

12-20

$6c

12-28
12-14

12-

announced

11-30

75c

yet paid. The list does not include divi¬
this week, these being given in the
preceding table.
dends

72V4c

11-

1
Per

5

Name of Company

25c

12-15

11-18

$1(4

12-15

11-28

Acme

6 (4c

12- 8

11-20

Alabama Water Service,

Corp.—

pfd. series'A (accum.)—Pennsylvania Illuminating Corp.—
conv>

$15c
$3

.'.

class

__

"

75c

12-14

7%

11-20 '

12-15

!

25c

"

12-14-

U.

11-25

12-15'

"

12-15

11-25

25c

12-26

U.

11-20

1

50c

(interim).

Corp.

Participating pfd.

12-15

15c

12-26

United

11-27

$1(4

$$1(4

(s-a)

Metals

Ltd

Fuel

11-23

1

weeks and not

Casualty 6%
Mines

II-30

„

12-10

/____!!!!!_—!!/'/ >'
& Co.
(quar.)
:_____!
30c
v
Tacony-Palmyra Bridge com. (quar.)_
25c
!!//
/ class A (quar.)____25c
5% preferred (quar.)_.
!_!_
;_____!_ *
/ $1V4
Talcott (James), Inc., com. (quar.)
10c

2

is 5s.;

Oreille

11-30

12-21

Swift

■

United

12-22

currency.

(year-end)
Pennsylvania-Dixie Cement

1

12-11

183/4c

,

Enterprises Consol
payment will be made in

12-

12-15

*; Extra-/-

United

12-11

$1(4

__

(quar.)

12-15
1

12-22

12-22

25c

pfd.

11-20

12-15

90c

:___

Power, 7%

United Gas & Elec.

$1

;

(quar.)

12-15

Heyden

5

$1

(quar.)__._

12-15

lc

&

Union

12-10

$1

25c

__

.

/

Baer

Union

12-10

2

1-

t20c

__

(quar.)

30c

Brewing..—;—'

12-

1-2

75c

(quar.)____

11-20

11-30

37i/4c

—

12-30

12(4c

/

12-15

(St. Louis) _/__!!____ 7"
(initial)___/_—__!!/
Truax-Traer Coal com.___/_____!_—!______
5V2% preferred (quar.)

11-21

$134

(quar.)

30c

,.4.

(quar.)

Transwestern

11-30

75c
;

/—___.—__

pfd.

11-30

I-

Investment—:

(s-a)__—

Title'Insurance

11-27

'75c

——_

Guaranty (quar.)

6%

12-15

(quarj_

preferred

Stoker

11-28 V

1

12-17

$$3.25

United Aircraft Corp.——.—
United Carbon Co—
75c

(year-end).

25c/'

(G.)

12-14

11-30

2

—

Texas

12-15/

12-15

12-15

(quar,)__

(year-end)

preferred

5V2%
,

11-30

12-

12-15

(quar.)

Corp.,

Oil

1-16

12-10

'

(quar.)..—1

—

Hein-Werner Motor Parts Corp.

1-16

12-15

50c

50c

Assn.

.

12-10

I$1

pfd._______

(quar.)

Steel

:

12-12

1

_

12-10

1

"

(quar.)——

(year-end)__

Heileman

1

-v

11-28

12-31

717/ec

class A

Oil

Elec.

&

•_

Sugar Co. Vquar.)

2-

12-

1

1-

25c

Chain

Union

Ltd., com. -.(year-end)
!_participating preferred (quar.)—/
Ottawa Light, Heat & Power com. (quar.)„
5% preferred (quar.)

11-20

12-

12-15
w

,

1-

___

11-28

$$154

7%

1

11-25

Rayon

Texas

Gas

1

12-23

12-15

1

12-21

10c

3-24

2-

11-30

87V2c

_

Webster, Inc. (year-end)!_!_!/!!_'
Sutherland Paper (quar.)
1 _!!!_!!!_!!__!!'"

11-30;,.

75c

_!———_

:

—_—_—:

12-

50c

12-15

11-30

12-15

50c

preferred

Stix,

11-15,

$1(4

(quar.)—;

Co.,* Ltd. (interim)
States Power Co/(Wisc.) —
preferred (quar.) —!___
.!_.

12-

J3c

'

12-1

11-27

12-15

$l]/2

/_/.

Loan

common

preferred

Stone
,

'

(stock dividend,
one
Edison, capital stock, for
common held)
(Subject
SEC)

Pacific

5

——

1

11-25

12-24*

30c

Outboard Marine & Mfg. (year-end)—
Finance Corp.
(Calif.) (year-end)

11-30

12-21

/

•

Oneida,

,

12-1

5

11-20,

1-16

7% preferred (quar.)_—

'

1

1-15

60c

preferred

12-

12-

12-

2

12-18

&

Standard

12-15

(quar.)! '. $37(4c

———L__„/"

Oklahoma

11-30

'

preferred

Hanley

7%

12-18 •'

B

Extra

11-18

12-15.

(quar,)—25c
(quar.)——L—_______
" $ 1 Va
Co., common (quar.) _______
25c

4(4%

1

11-30

12-18

11-27".

37 V2c

,

11-30

'

(s-a)

'

12-15
I

$1%

(accum.)_!*

6%

.

11-27

'

25c

.

Co._______

Oil

Standard

1

(year-end)——62(4c

Oakland Title Insurance

11-18

12-

12-15

1-15

$2

Standard

of

prior preferred

5%

11-13

12-

11-30

Northern

,

(year-end)^—

convertible preferred
Hammermill Paper, common

k

' 12-

12-15

Ltd.—

(quar.)

American

6%

11-25

Co.

shares

preferred

Class

11-20

11-20

Northern Empire Mines

.

15c

North

11-20

1
5

12-21

Company informs us that all the outstand¬
ing 7% pfd. stock has been called for
redemption on Jan. 1. ; ' r"

Detroit

50

preferred

North

1* 212-22 /
/■".V /V "
'.///";'. /"/

■'

(quar.)_—25c

$2.40

,

'

.

12-18

75c

of

each

12-

12-15

Tel._—__/——!!___—V"*:

Corp.

//to approval of

12-11

12-31

$1%

—

Halle Brothers Co., common—.

Hard

,12-22

$1

common—

/————

Brothers

50c

!

tax)

/;

11- 2 / 10-26

&

(payable in U. S.

& Pacific Tea Co.,

preferred

-

■

1

12-

12-18

Casti&gs—

Remedial

$5

11-19

12-

11-20:

$lJ/4

(extra)

$7

2

75c

(accum.)!—,—

Mining

4

12-15

20c

Corp.—V_—

American

;.share

12-15

$1V4

'

f

Mining

Grea.t Northern Iron Ore Properties—
Certificates of beneficial int. (year-end)
Gulf

40c,

l—_———_V

less Canadian

Great Atlantic

7%

$1(4

.

(quar.)/_j_,/V_t—$1

Ltd.'(quar.)

Co.,

funds

—

Fisheries, (quar.)—

Consolidated

Granby

(N. Y.)

30c

.

Co. common——7--—t---

F.)

(B,

preferred

Gorton-Pew

(year-end)

com.

North

8

12-15

.1- 2

_

Safety

12-

2

Electric

Newmont

.11-25

&

11-23

'

4-

25c

Method Laundry,

11-20

1

4

$1%

_______!!_

Sovereign Investors (quar.)i,_
Square D Company com. (quar.)
5% preferred (quar.)
_!
Staley (A. E.), Mfg. Co. com
!_—!!/_

11-20

$2(4

—

pref.

1
1

1-

50c

Co.;(year-end) i_!_„!i!_!_

12- 1-

Reinsurance
(quar.)—50c
Power, $5 pfd. (quar.)——-— $1V4
preferred (quar.)
:
$1(4
Giddiogs & Lewis Machine Tool (year-end)
50c

Georgia

Malleable & Steel

11-30/

12-15,"
12-15

683/4c

1212-

12-

4

12-

12-18

___;

Service,

Southern Colorado

,50c

"(Year-end) /'—_!_'—

12- 1

.

$1.50

11-20

25c

Products———.,

Corp.; (initial)—

Grocers, [Ltd.,

11-20

1

$1

./
(quar.) „,
preferred (quar.)——

Dairy

1

12-

12-

12-15

50c

(s-a)___!_____! "

(Phila.)

preferred (quar.)
$2 convertible preferred

12-

2

_/
"

6%

$1

____

Erie

National

12-15// 11-30
/ 12- 1/; .11-27

.

National

12-

V, 12V4.C"/..12-15/ ' 11-30

;•

——————

5(4%; preferred (quar,)—1/7————:
Gellman Manufacturing (year-end)——

/» Extra--

12-

',5% preferred (quag;)4.$ 1V*..;;
;5V2%' Preferred (quar.)—t$1.38

,

Bank-of-Chicago (quar..)
—_„!—*——!
National City Lines, common——_

12-15

115c ;• 12-31

Gaylord Container; common—-——Z-l——

Blvd.

Quarterly.—-

.12-15

.

Foote-Burt

Gatineau

12-1*

National
..

11-27

1-

12-15

_

__!__!__;

6% class A (accum.)
Stores, common..
(quar.)
Southern Advance Bag & Paper—
7% preferred (quar.)

12-24

12-18

11-20

1

8yac

Gas, 6% pfd."(s-a)_—_!!!,
convertible preferred (s-a)
"*

7%

2

12-15

11-20;.

1

12-

8»/2C

(year-end)

Steel

preferred

Sontag

12-

$1(4
$1%

preferred

Mock,

&

Sloan-Blabon

-

1

11-30

1-

12-10
12-

$l.'/4

Mills

Shoe

7%

12-10

$3

12- 3

12-1

/' : /

.

Gas," $5 pfd. (quar.)

participating preference
Brothers, Inc.~

6%

12-15

20c

—

.

4

"

Sherwin-Williams of Canada—

11-10

25c

4V2

Selby

11-27
12-

12-17

12-15

25C

&

Public

Company,

Shamrock

11-27

12-12

Missouri

,

.

12-12

11-27

,

11-24=

Seeman

3

12-16

——

:

12-

5c

.

12-10

' 50c-

.

12-23

4

50c

$1.27(4
(quar.)_——!!_/__—!!_!
$1(4
Mission
12-31*
Corp.
(year-end) —!!„_!—„85c
/' 11-25 , . Mississippi-Valley Public Service, com.- (^uar.) '
$1
,6% preferred B/(quar.)—_!_!___!!—!!
12-5- ""
$1(4
7% preferred A (quar;)—
,12- 1
;!"
$134

12-20

.

Iron

5(4%

11-19

25c

,

(quar.)___,

Scranton Lace Co.

:

$1(4

—

12-21

50c

5

12-

/

—

1

12-

11-25

$1%

Oil____!_!__!___________!
H.)
Co.____!_______!____!__

Francisco

Schiff

11-21—

12-15

Oil

■$5

12-31

/ 12-10

"V." 50C
$1mi

/11-30-'

v

,

&

J.—

Second Canadian International

——

r

12-

1

(H.

Antonio

11-24

$1.31(4

—

Grocery, 6%' pfd. (s-a)
Minneapolis Brewing Co. (year-end)
Minneapolis Gas Light, 6% pfd. (quar.)_
<5(4%. preferred (quar.)— /
'$5.10 1st preferred (quar.)

Emporium, Capwell Corp.j com. (quar.).^,;
V-*L35c,.- 12-15
12- 4
4Ma %
preferred; (quar.)_—56 (4c
1- 2
12-21/
Engineers Public Service Ca;, $3 pfd: (quar;) -'/, $1V4:'/.,,1-: 2:; ul2-14
;
; $5.50 preferred (quar.)-_LV--r_"_-:;-—$1%, /
1- 2
/12-14
; $6. preferred
;,,(quax.)7-LV---;------------'";/''; $1MT /: .'.l*:;2,-f 12-14

/

12-

3*

12-15

12-21

9..

9

20c

Sanford

35c

4

12-

12-

12-

(quar.)^.___
(quar.)!____!,

(monthly)

Insurance

Rustless

San

35c

N.

common

San

12-

—

Midland

11-30

.

11-30

1

of

Elec.

Brothers

12-15

1-

11-16
12-

15c

Corp.

Co.,

Ranch

12-15

—_

Corporation
—/——
Middle.West Corp. ,(year-end)—_———

/.!- 1:,! 12-15
12-15V, 11-30 i

62,/2C

.

,

(quar.)—

Co.

J.) Sugar Refining & Molasses—
preferred
(accumulated).
'_!!

Midco

.

11-27

12-11

„

„

12-24,

12-17

Roosevelt Field, Inc.
(year-end)
Russell
Manufacturing Co.

11-27

15c

1

12-18

/20c
! 50c

(quar,)

convertible preferred (quar.)_____
preferred (quar.)
Pyrene Manufacturing Co. (year-end),
/
Raybestos-Manhattan, Inc; (year-end)__!_!

Roos

11-27

12-15

$1(4

Mickleberry's Food Products (s-a)——
Extra
i-t;!!—!i—:
Mid-City Bank & Trust Co. (Phila.)—

;

.

12-11

12-

12-15

(year-end)

Robertson

11-14

12-14

12-15

10c

C

D

__:

Oil

Rice

11-27

11-30

11-28

250

,

Extra

1

1

11-25

12-12

12-31

...

.

6%

$1(4

(year-end)

(accum.)_

11-24

.

".,1-

62 Vic

Corp., $6 pfd." (quar;)
$2.25 participating stock (accum.);/;;^"—
Empire Star Mines Co., Ltdr (irregular)..
'

',.

Co..

12-

.

10c

?

(N. Y.)

preferred

preferred

'

Reliance

1

12-

12-11

$1

(year-end)

pfd.

1*

,12-

12-15

11-20

15c

"v;5%

11-30

12-15.

Service

15c

*

con,v.

12-

12-23

4

25c,

(Interim)

Co.

Real Estate Loan Co. of
Canada, Ltd.
Reliance Grain, Ltd., 6V2%

(W.

Mergenthaler

/
f.: .12-15

,

20c

.

Electric

5(4%

11-24

11-25

..

Brothers Stores

12-15

$2

$2

(year-end)—

__ —

/.,:;'k...
4Mi'prior "preferred (quar:)vr._._.i_...
$iy8
6'.k, preferred
(accum.).*
V--.LJ
.75c

Edison

Products

Agricultural

4(4%

1-8

*.

Mines

Merck

11-23

12-15

Eagle LPck Co.-V——r——..—25c
:/

11-24

$3c

Co—!

12- 5

11-23 :

50c

37(£c '

Eastern Gas".& Fuel. Associates—v'/-

12-12

-

7

50c

——

McKesson & Robbins, 5(4% pfd.
(quar.)
Merchants Refrigeration 7% pfd.

12-15

.1-25

Screw

7%

-

12-14 :

*

Maui

.

11-30

$1

(year-end)

11-20-/

2,^

1-15

25c

(yr;-end!

Masco

McCahan

11-17

12-1",

i$lV4

12-

10c
•

—

Master

..-'V;

.

-

.12-10

11-30

$1%

& Chemical

preference

25c

'
.

11-17*

12-28

Inc.

12-11

75c

(I.).& Co. (quar.)—
'
Mangel Stores Corp.* $5 conv. pfd. (accum.)/
Marion Reserve Power, $5 pfd.
(quar.)——

11-25

12-20

50c

-V

(quar.)

'

Trucks,

Magnin

11-25

(quar.)._k___.v_

de Nemours

preferred

3

1

/ 85c

(quar.)."

Mack

1

12-

$$1%

Dpyle Machine & Tdol
$4 Vi

12-

15c

/7% preferred, (quar.)
Du

Consolidated

12-15

Casting Co. (interim!r;.

Textile

Copper

Magnet

12-

...

Domingue?: Oil .Fields' (mcnthiy)__l/Lr;__-!:
Dominion Envelope & Cartons
(Western)—
,7/4 1st preference (quar.
Dominion

Magma

12-18 •'*

25c

preferred (quar.)
L„r_7L_Pepper Co. '(year-end)

Dr.

1

12V2c

(quar.)

6%

Doehler Die

12-

12-5

12-10

75c

Co.- (quar.)_iv._:

Stores. .Corp.

8

12-15

$2

*

12-

12-15

(yeaT-end)_-:_v;._ii.40c

Brook

Corp

Devonian Oil
Diana

Inc.

Bound

12-22

11-12

12-23

12-10
12- 1 v
Louisville Title & Mtge. (s-a)_——__r'V,
10c
12-10/.■ 12- 1 /;
Extra—".—15c
12-10 V 11-25 V ; Lusk Royalty Co._*u—
lc
12-10 ' 11-25 V
MacLaren Power & Paper/——
J25c

; 62V2c

;

1

I-

25c

.

„

2

11-25

$l3/4

1

12-

(quar.)

convertible

Extra

,

.

12-

10c

Ltd.

;7% preferred (quar.)_
Pullman, Inc. (quar.) ____/___!

12-12

.

2

&

Wine

preferred

Pure

12-11

1

I-

U0c

Investing Co. (Phila.), origv stock, (s-a)
stock (s-a)______f,,
!

6%

12-15

t50c

'

8

12-

pfd.__61 27'100c

Indemnity Co._
Savings Society of Detroit—

.Common

.12-21

62(4c

pfd.

(quar.)„!__!„__!!
Liberty Aircraft Products Corp..
Ky.) (quar. >; !_!™_!™™:_!____!_™_
/.
15c,;. 12-15 ; 11-30
.
Liggett & .Myers Tobacco 7% pfd. (quar.)__
Connecticut Lightl& Power 'Co.™™™™
Lion Oil Refining (quar.)—
55c:,
1- 1
12- 5 ;
Consolidated .Film Industries $2 pfd.__:!_____ "'/ V : t25C
12-28 V 12- 4 /"■ Liquidometer Corp.
,!_!__!___!—!—/'/'
Consolidated Paper Co. (quar,)™;;:.;::;™
Louisiana Land ii Exploration—_!!—!!!_!_
...
25c
12- 1
1.1-20."■/
Continental Steel Corp, (year-endr
$114
12-21
12-10 * V Louisville & Nashville RR.
(year-end)!—_

Commonwealth

2

2

Screw

Public Service

4 >

1-

partic.

'Cashable
Public

1-

12-11
12-

2

Norristown RR,

Mines.!

convertible

Public

12-31

12-

%

5%

"12-23"

12-14".

2

.1-

10c

Gold

Valley

Common
«,

11-20

,17(4c

&

Preferred. Accident. Insurance

1

12-15

(quar.)

(quar.)

Development,

Protective

12-31'

■

,

1-

12-15

45c

$1V4

$i>/2

pfd.

■

1

Provident Loan &

.

.(D. L.) Co. (year-end)_™_™™_™
Cleveland Cliffs Iron Co. $5 pfd. (accum;);.

$5

Transportation

Crow

1

12-

$1.06'4

(accum.)

11-30

$1V2

Pleasant

12-11

12-15

'

-

12-11

2

12-

Corp.

12-11

1-

12-21

Co.

1

12-23

,

,

12-10

25c

Piper Aircraft Corp. 60c conv. pfd.
(quar.)_
Pittsburgh Brewing Co. $3.50 pfd.
(accum.)
Pittsburgh Forgings Co.
Pittsburgh Oil & Gas Co./r..„r./,.„,;!

11-20

12-

12-29

Trading Corp. class A

Pickle

11-28

12-10

preferred

Philco
•

11-27

12-15

,

25c

(quar.)T__/_,
(quar.)_____^.___!_____„

com.

Philadelphia

1*

12-15
12-24

"

of Rec.

tirregular)___^_^__

(quar.)

12-15

——

Holder$

12-15

Philadelphia Germantown

50c

Drug Co;

Co.

When

Payable

Co

$134

Stores

$6 preferred

12-15

1-

Milk

4Va7e

50c

$1%'

Drug

Mfg.

Petroleum &

50c

;

Salt

share

Company

Philadelphia

12-24

12-11

Pet

Interstate Hosiery/ Mills./—25c
Johns-ManvilLa Corp. cora:_V_——I—50c

C■ r 1 12-12
;
60cf;
.1- 2/12^12;'
pfd: (quar.)_n_;_'^.75c
12-21-" 12-10

'

Pennsylvania

12-

——

Name of

12-11

1.

12-31

(resumed)
'
25c
(year-end)25c

Corp.

Per

0/ Reu.

12-

$1(4

1821

Holden

12-1

•' $37(4c

pfd; (quar. i*

qonv.

A

(year-end): ^
International, Salt Co:

Katz

11-13

When

Payable

Special

'

12-12/12- 1.'

-

.

common

'

!.;!___.::_-™:_™____
//'/ 16c„ 11-20/ 11-10 :"
; Canada Crushed- $tone- (ljuar.):r---l^_kL__; ■'•'*•' $l0c
;,,12-15 ;/ -12- 1
Canada Foundries & Forging,-class A (quar.)*'--$37 Mac
12-16 -12-1
„* ''Class B,
j;$l Va / 12-18 ^ 12- 1 / :

Canada Permanent Mprtgage-(qUar.)!__:.-___
//$$2
1-2/12-15
/ Canadian interhatjkmal Investment Trust—■H'"t •
•<;/
; / 4,5% preferred 1 accumulated). /
$50.c: 12- 1;/ 11-15~
•, Canadian Western1 Natural -Gas," Light, Heat:
"
' ».?<<;*
///'J

Color

partic.' pfd.
Acceptance' 5%

International

■

V

(s-a)__^_/——:r_/:VV

copy,

non-cum.

Interlake

Ckllaway Mills;

v& Power Co.'

"$1(4

per

$hare
'

y.

$iuc

Industrial

•.

10-15

"

...

(Leased Lines)—

'/'Extra

' '

*

Name qJ Company

V

Imperial Varnish &

>'L±- •'

11-12.-

50c

' ;

12-, 4
12*5'

■

•

-

•

Illinois Central RR. Co.

■

,

Jt-28

12-15

,25c

V

; ,11-25.

12-21 '

15c:-

___

.

'

12*10

MiHs;;Etd.:(Triterimrrr„:-vii.-_r_ :'':; uoc' v-

Billiard .Cbnipank ^yoar-erid)_-^-Ul>u_'i;*_:_-,_
'.Burgess Battery Butler.. Mfg, 'Co._lli_-i-_„_"—
/'/
Butte .CoppeF s/Einc-!.!!"-::™!'™.-Cbble & Wireless (Holding); Ltd.—

"

Holdert

ii---..,*,Mpab&Wt

.iron .Co/™/™---/-.,.,.,.™;

Brooke (E..G.)

When

■

Abbott's

Dairies

Steel

Advance

Co.

(quar.)

—

Castings

6%

Corp

pfd.

When
Payable

Holders

of Rise

25C

12-

1

11-16

—

75C

12-12

11-13

—

12'Ac

_________

(quar.)

Aluminum

Share

(quar.)_—

$iya

11-25

11-12"

12-

11-20

1

FINANCIAL CHRONICLE'

THE COMMERCIAL &

1322

Name of Company

(quar.)

pfdv

Tft

Wood Preserving,

f$l^-

—

12-23

12-

1

11-10

20c

11-25

11-10

15c

12-30

12-14

50c

12-15

11-28

15C

1-20-43

12-31'

$ 1 Mi-

1-2-43

12-17

Laboratories

Allied

Mills, Inc

Allied

Stores Corp.,

■

*—_

____

common——,—

preferred (quar.)
Mfg. Co.——,J
common (quar.)

5ft

7

BUffalb

1*

12-22

12-

12- 5

11-14

1-2-

5

11-14'

$lMa

(payable

(quar.)

12-

Aluminum

Industries

Aluminum
Common

(quar.')—,
Tft pid.

(quar.)

11-30

12-31

12-15

50C

12-31

12-15

12-15

12-

•

Manufacturers,

(quar,)-

■

11-17

12-15

$1%

U. S. funds)

1

15c

25c

preferred

6%

_____—

12^»1

11-12

.

^

Chneo

-

*

—^

:t

share

6%- preferred (quaf.i_4.l__
Inc.'4MBft preferred (quar.)T__

Press.

When
Holder9
Payable of Rec.,

Per

.

,

Cushman's

inc,,

Sons,

1

...

•.'•

•

Dayton Power & Light, 4M2 ft pfd.. .(quar.);_i
De'ero & Co., Tft preferred (quar.)____:2_l-l_

Dentist's

Supply

'

Y.)

(N,

7%;< preferred

;

11-16.

„

11-20

12-, 1
"

•

11-14

12-1

11-23

11-14

11-30

11-

75c
■$1%
+$2

12-

11-20.

12-15

11-16

30c
.' • $2

12-

1

11-14

1-5-43

12-19

12-23

12-23

1

11-20

■

•

(quar.)___

common

12-15

1

12-

:'$3c

Lli

Mines, Ltd._____2^___

Delnite

12-19

'11.-27

1-44* 35c
50c

class

Delaware Rayon,

12- 1' 1

12-15

il'Mi't

■

12-10'

12-24-

t$3M2

preferred-.:

I'M

11-,,7 '

12- 2
$2
,'l'2-23•.
$lMs '••12-15
V "
1-2-43
$3

(interim), J$P/a.

Ltd.

(s-a)iliLi--- '
Curtis; Publishing Co;,* prior prefcrred___^L-.-f25c
Curtiss-Wright-Corp. (year-end.)
"4
$1

-'* 25c

■

Coal,

Pass

Cunningham Drug Stores—*
67f( class A prior preference1

11-17

a

•

Monday,.November 23, 1942'

Forster

&

Crum

11-14
.11-14

12- 1
11- 5
Bunte Brothers, 5V preferred
(quar.)__
$1M4
12-111-23
Burlington Mills Corp. common •(quar.)____•
< ,35c <r ;l?r 1,-;.11-16:
$2.50 conv. preferred
(initial quarf.)___i_ , 62yac
12- 1., v 11-16
"$2.75 conv. preferred
(quar.)_____—: 68%c\... 12: 1
li-16
Burroughs'Adding Machine (quar.)
15c- 12: 5
10-30
12- 1
Bush Terminal Bldgs.,, 7Me preferred
|75c
12-10
11- 6
Butler Brothers, common-,,»'■■■.., .15c-v;i2-_l
11-; o
5ft convertible preferred (quar,)37MaC,
12-* 1
12- 1
Butler Water Co., I'M
preferred (quar.)
.. $1% .t:
12-15
Byers (A. M.) ,Co.— '
-•••''
7ft pfd; (representing the quarterly div-'--.
\

•

7$?

.

&

(quar.)

trating

w

Aluminium, Ltd.,

(Los Angeles) (quar.) J.
Sullivan Mining & Concen:;

Inc.
Hill

Bunker

■

25c

-.—1

Allis-Cnalmers

Bullocks,

"

,65c
50c

end),

(year

Company

Forge

Nest

Crows

11-25
11-25
11-25

'•

'r

*

•

Name of Company

11-20

12-15
-

8c

■

•

•

Payable, of Rec.

..

'2c

.

:

Holders

When

...

$.1

,

.

Extra

12-

$1%

Per

share

Company

Buckeye Pipe. Line___
Buell Die & Machine
(quar.)

12-19
12-20

35c

Allegheny Ludlum Steel, common
Tft preferred
(quar.)
—_________
Allied Finance Co.
(initial)—
Allied

12-29
1-1-43

$1 Mi

(quar.) —

pref.

Super Markets,. Inc.

Albers
Alberta

Name of

.

o/ Rea.

Pay'ble

•.

.■

Holders

When

Per

Share

,

(quar.)

.

Derby Oil & Refining, $4 conv. preferred—i <
Detroit Gasket & Mfg;,. 6^ pfd. (quar,)"____
'
Detroit Hillsdale & South Western RR. (s-a);

2

,

^

7'

12-23..

12-23

•.

,

(St. Louis)

Automobile Insurance

American

—

Co.

Chicle

American

(quar.)

11-16

12-1

$1

12-15

—____

1

American

Export

American

Lines,

common^

American

Electric Co.

(quar.)

com.

preferred (quar.)—.
American General Corp., $2 pfd.

preferred

$3 preferred (quar.)__:
Hide <fc Leather 6ft

Investment

American

1

11-13

1

11-13

75c

12-28

12-15

20c

12-1

11-14

IOC

12-28

75c

12-15-

15c

12-

1

li-20-

50c

pfd.

1

12-

1-

2

12-18

62M2C

1-

2

12-18

30c

12-

1

11-20

(quar.)

(monthly)
(s-a)

(111.)

Co.

common..,.

(quar.)
convertible preferred

(quar.)

American

Machine &

American

Metal Co., Ltd.,

preferred

;—

___.

preferred (quar.)—
Rolling Mill

Thread

American

Co.,

Class B

preferred

(s-a)

—;

12- 1
12-16

convertible preferred

(interim)

10c

12-16

11-16
11-

12-15

12-1

11-10

75c

12-

1

11-10

12- 1

11-20

715c

•

$1

1

Atlantic

1

11-20

'

'

25c

12-

1

11-

9

$1

12-15

12-

1

20c

12-10

11-23

$1%

12-

1

11-23

$ 1M2

12-1

11-13

1

11-13

____

Mines

Gold

Aunor

Automotive

Works,

Gear

Avondale

convertible preferred

$2

Bank

of

;

--

.

Bank

of

Toronto

(quar.)

11-13

;

11-30

"

1

•11-16

1

11-20

1

12-

1

11-14

7c

11-16

11-16

2

12-10.,

1-

2

$1

12-31

12-15

______

$3

12-

10-31

2

1

'

1

1

11-14

1

11-15

'
<

11-25

10-31

•

11-20

'

Kodak

Co.,

J25c
' $1V4

(quar.

(quar.)

common

11-

1 ;

11-10

6ft

11-27

;

Brewing

interest^__4____i:2,_1__.

preferred

Corp.

com,

(s-a)_-_1_^__w_i.____„^^,__
preferred (quar.)_
(Syracuse,

N.

11-10

11-30

11-16

Federal

12-15.

11-25

'

•

.

t

12- 1

•

11-10

,12- ,1
,

'

Shops .com.

Bake

(qUar.)__,__

.
'

1

;

12-

1

1

12-15

L_—$lMa

112-

12-15

$1

:

.

12-15

12-1

;

12-

;

,.12-15

.

;.12-

12-15

1

11-16

11-

12-1

11-16 ;V

12-1

11-10"

12-

quarterly
________________
Barber (H. W.) Company (irregular)
—
Barber-Ellis
Barlow

&

Canada

of

12-22

12-

12-15

11-30

1

11-16

30c
15c

12-9

40e

class A (quar.)

12-

12-30

-

Barnsdall Oil Co.

(quar.)—

(year-end.)

Bastian-Blessing Co.
A

Class

(quar.)

t25c

—

(extra);——

12-

125c

Bathurst Power & Paper class A

12-

1

Gold

Beattie

Ltd.

(Quebec)

Mines

(quar.)

6ft
Beau

Brpmmel

Beaunit

$1.50

preferred

Beech-Nut

Special
Belden

Ties,

Mills, Inc.,

•

11-25

11-14

4-1-43

3-18-43

12-18

12-15

1-2-43

12-11

4-1-43

3-12-43

Class

•

..

River

1-2-43

12-15-

1-2-43

12-15,,

Berkshire
$7

Fine

•'

■

B

.

Extra1

(quar.)

12-31

12-14

12-31

12-14

12-

,

Bibb

12-1

11-16

2

12-15

11-25

11-30

11-16

2

12-15

(Bklyn.)

Ltd.

1-

$1

_____

___.

7$1
+

1-

$ 1 3/4

1-

2

$2

(interim)

11-25

1^2-31

12-31

12-15

,

12-

1
1

11-21

1

11-

12-

1-

$1

&

11-16

12-

1

Amer.

12>15

1212-

E.),

$3 preferred

12-

5

12-15

12-

1 *

11-25

11-16

12-22

12-12

12-22

12-12 :

-12-22

12-12,.

-

Brazilian Traction

Ordinary

1

12-

12-

3

75c

1-2-43

12-10

11-24

50c

11-25

1D16

11-25

12-1

11-25

160c

12-15
12-10

12-

1

?$lMa

1-

2

.

Columbia Electric Ry., 5 ft

Brockway

Motor

2 Ma ft

pfd. (s-a)

Brown

Fence 8s Wire,, class A—

Brown-McLaren
Brown

Shoe Co..

Mfg.

Inc.

Co.—

preferred

.

——_

11-




1

3-5-43

12-

1-

11-18-

.

—

11-20

12-15

12-

$ 114

1- 2

30c
25c

'

(Del.)

(quar.)_

-

(quar.1^__,
—
pfd. (quar.)

4 Sl^V$ls/a
$1%

•

(quar.)

$4 preferred

1

12-19"

(quar.)

Co., common

1

11-

5.

12-' 1

11-

5

12-4 1

11-15

.

.

,

Ift- '
12-, 1
12-10
12-15

11-36
11-10
11-14'

S31

preferred .iauar.)

convertible

a

Petroleum

Creole

IVheeler

Crocker

.Common

(s-a)

11-16

12- 1

11-15

12-15

Electric

Cork

&. Seal

prefei'red

$2.25

Dwg

Co.,

Co.,

7'.^

&

1

ir-i4

12-28

12-

(quar.)——

Granby

12-20

11-20

pfd. (quar.)

1-2-43

12-15

Class

12-

1

12-

1

11-10

12-15

11-30

Corpv_

25c

12-10

50c - .12-15
62M?c 5 -15-43

_________

prior pfd. (s-a)_________
Co; (year-end)
Consolidated Mining Smelting
&
Co., Ltd. (quar.)
(payable in U. S.

Indemnity Co.

;

12-lt12-

S

11-13
11-13

,

11-17.
11-20

11-20
a

11-12

.11-11

,

.

;12-15
12-15.,
11-15

,

11-14
;

11-10-,
11-10

.

11-12
1-11-43

11-17

11-16'
11-

9

11-20

11-14

A

12-

I,

11-12.

50c

12-

1'

1

11-13

10c

12-15

11-20

12-15

11-20'

J75c

12-31

12-21

12-31

12-21

1

11-20

$1

.

Co.—.

partic. pref.

t

11-30

j;75c
"50c

(s-a)
Paper

.

11-14

12-10

11-10

1

11-17

•

(N. Y.)—-

•

(accum.)
;

Glass B parfic. pref. (accum.)
Great. Northern Papev.
;
:

Griesedieck Western Brewery Co.—
5:M2ft convertible preferred
(quar.)!
,

n-21

56M»c

12-15

11-30*

5c

12-15

12-

Gulf Mobile &-Ohio.
HaC'ensne'r

'

12-

7 ft

Corporation common

Hallnor

Mines-,

Ltd.

Hamilton Watch

Cla$s B' (quar.)_.

(quar.)

:
—

12-

1

11-17

433/4c
75c
$1M2
25c
710c

12-31

12-16

1212-

(quar.)_

$1M2

California, cl.. A (quar.)_

50c
50c

Co.,

Hancock Oil'Co, of

11-30 ■11-12

(irregular)

preferred (quar.)
Brothers-Stores (quar.)

5

11-13

1

(year end)
(s-a)_

preferred A (quar.)

Hajoca
6ft

$5 pfd.

34%c
$2Ma
75c

'

Wi.ter, Co.. common

.

$1^4

;—-

Co._

Great.-Northern Ry,. Co., preferred

n-30;

11-30

12-

-

u-20

,

.12-20

$lMr

11-20

4

W.)

(H.

Lakes

Gfeat

12-15

..

.

12-

425c

.

12-24

:

...

Mills/ 5ft

(Common

12-15

Hale

Shares Corp:—

Stores—

Cycle

Gossard

.

'

.

-

Power

7

1-2-43

*

11-20 *

12

25c

.

Great American

.

1

.'.

11-16-.

1

Dredge & Dock—

11-14

3c

(quar.)

Forster Insurance

preferred

12-15

12tl5

12-

Inc.—

common

11-24

12-

V

1.1-25*

12-

(initial)

12-23

11-30

12-

12-15;

10c
A

Crown Zellerbach Corp., $5 conv;
Crum

-

12-15 '

12-21

11-14

25c

,12-31

_______

12-1

87'Ac

H.I 'Co4

Gor'ham -Manufacturing

.12-31'

Mfg.—•

class

^

6

11-30

,

11-14

preferred

Golden
11-

11-18

(irregular

Crown CanitaL Gorn,.

Crown

...

:

1

40c
15c

4

iquar.)

12-12

12-

12-1
(quar.)1-7Mac
12-21
Flintkote'Company, common (year-end)—
35c
: 12-15
$4M2 preferred
(quar.)_2___L_l___:
_4__ $1.12Va
12- 1
Florida Power Corp., 1ft preferred (quar.)__
87MaC*
12- .I
:
7 ft preferred A (quar.)
,4 $1%; ,
12- 1
Free port
Sulphur Co. (quar.)
50c
12-6
Fruehauf Trailei; Co., common
4 35c
.12- 1
-54'
convertible ,preferred (quar.)
;
v$lM»-..
11-24
Gabriel Company (resumed)10c
12- 1
: Gomdy Bridge Co4__j_
. 4;*
30c ,
12-31
Qarfinkel, (Julius), & Co., common (quar.)
i, ITMaC ^
6 ft convertible preferred (quar.) __4_—37.M2c. -,12-31
12r 1
General American Corp. (quar.)
4,..
75c.
12- 1
General Cigar, Tft preferred (quar.)™
$1%,
11-25
General Finance, 5% preferred A (s-a)__—
_; 25c
II-25:
64, preferred B .(5-a)
:. 30c
12-12
General Motors Corp., common...
50c
2-1-43'
$51 preferred (quar,)
.'_
..
$LM4;•General Shareholdings Coip., ; $6
preferred
12- 1.
4 ' (cash of 44/1 OOOtli share of com. stock)
7' $1.M2.
12- 1
General Steel Wares, Ltd. com. (irregular)720c
11-23
Tft
preferred (quar.)
.■_
______
t$l3/4
12- 1
Globe-Democrat Publishing. 7ft pfd. (quar.)
$1%,
Goodyear Tire-& Rubber common
25c- 12-15
12-15
4 $5 conv. preferred (quar.)
$1M».

'Tft

t

11-18.

25c

(quar.)

-

12-22.
.

—

*.

11-30

.

.

(St. Louis)

,

"

i$l34.
$l'/4,

;

(quar.)

(quar.)-

pfd. A

87/aC
$lMa
$1

,

20c
' $1

•

_

Corrugated Paper Box, 74 pfd. (accum.)—_
Crune1 Company, 5ft
pfd. (quar.)
Creameries of America Inc., com. 1 irreg.)

Crown

12- 1

'30c

(Chic., 111.) (quar.)

participating preferred

74

2-23-43

25c

50c
25c

''

Bank

(M.

Fitzsimmons

Gosnold

.

6

50c

12-

.11-28

1

12-

50c

(year-end)

Co.

Continental Steel 7.4. pfd.

11-20

5c

.

common

(quar.)_

Can

Continental Oil Co.

11-20

12-

$1-

—

(quar.)

Brunswick-Balke-Collender,
$5

11-30
11-30

12-23

•
;

—

Continental. Telephone Co., 6M24

12-31

$1M4

(quar.)
Brooklyn Telegraph & Messenger (quar.).

12- .1

12-15

r

-

.■■

—

.

12-19

Sl3/4

37MaC

Co

Brooklyn Edison Co.

_

.

.

11-13

1-15

4

.

'

British

.

12-24

"

111.)—.,'

(Chic.,

'

—

.Extra

11-20

40c

preferred <quar.)__

ft

.Extra

Continental. Casualty, Co.

10-24

50c

.—

!

11-25"

12-15

4_ \ t37Ma-C

(s-a)

1

Cook Paint & Varnish

Brewing Corp. of America (quar.)
Bristol-Myers Co.
(interim)
British Columbia Electric POwer & Gas—
6

Assurance

Continental

11-16

50c

11-15

12-31

$1%

.

.

12-15

40c

Inc. (quar.)
Light & Power Co., Ltd.—

'

11-16

1

1

12-15

40c 4 12-15

1
Co.

,

11-14

12-18

$2

(s-a)

(initial)

(interim)

preferred

;

Quarterly

Quarterly'
12-

11-20

12-

.

Consolidated Edison. Ca of New York, Inc;—

12-22

75c

;

11-13

12-10

6ft

Rubber,

Extra-

.-

11-13

-

12-12

,12-22

.

"Quarterly

.11-23'

-

&

Fltz Simons & Connell

1 •;

4

12-

.

Continental

Borg-Warner Corporation.
Boston Woven Hose & Rubber

Brager-Eisenberg,

non-cumulative

$2.50

1

12-26

Cigar Corp.—

preferred (quar.)
—
Consolidated Diversified Standard Securities—
74

.

1

12-15

50c

(F.

Consolidated

11-20

1

12-1
12-

Fishman

1

4

12-

.;.-25c
f$1.05

class A'—-——

Tire

First Nat'l Bank of Jersey City

.

,

11-16

1

SlMa

Brass

Trust of

1

$iy4

—

Aluminum

.

12-

2 Mac

,

(irregular)—r

Consolidated Cement Corp.,
_

12- 4

62M2C
'
—,—,_:\4,$1M2„

—

12-

$1 Ma

(quar;)

—4

Co.

12-

,.

.

BiscUit

;

.12.-15
12-15

s

———__

(quar;) ——

.64 .preferred

4

11-12

12-15

25c
J3c .
60c..
" 55c ;

,

.

Connecticut River Power Co.—

9

50c

stock

Investment

—

50c

—

Bohn

,

$ 1 Ma

Carpet common
(quar.)
Bird & Son, 5ft
preferred (quar.)__™„™_
Birmingham Water Works, 6'ft pfd-. iquar.)_
Bishop Oil Company, (quar.)
Bloch Brothers Tobacco 6ft
pfd. (quar.)
Blue Ridge Corp., $3 conv. preferred (quar.)
Holders option, cash or l/32nd- share of

Bigelow-Sanford
6ft preferred

—.'

—

(quar.)—

(quar.)

Connecticut Power Co.

Consolidated

1

12-10

$1

Bond

12-

1-2-43

$1%

Ltd.

Mines,

preferred (quar.)

$2,20

1

11-21

12-

$lMa

(quar.)'—Manufacturing Co. (quar.)-____—_*____

————;—:—.—

Connecticut Light & Power, $2,40 pfd.

$1M4

—

preferred

Booth

Extra

■

;

.

Coniaurum

11-20

Firestone

...

4

.

lf-20

1

11-28

i—tStV?
(quiar.) ________
' '* ;25c

Quarterly
Congoleum-Nairn, Inc.

11-20

$1%.

(quar.)

Life Assurance* (Toronto)—

Confederation
.

V.60C

.

>.

1

12-

60c :
50c .
;
$1Mi
$l'.4
Public Service Co—, ■ ' 40c f

,

11-10

$1

A

B

Community

12-15

13c

(quar.

:

Spinning Assoc.—

preferred

common

.

12-10

$1
37 Mac

_

__.

Co._

(year-end),—
(year-end>:—Columbia .Pictures. Corp.
(resumed)
Columbian Carbon Co- (year end)—
Commonwealth Telephone, 5ft pfd. (quar.)_

11-14:
11-16

Class

Class

11-30
12--1

11-14

12-

Fuel & Iron. (quar,)_____n———

11-16 '

1

,12-15

15c

.

.

.

l___:

c

•

First National

.

J.-

.

IOC

(quar.)___

$5 convertible preferred (quar.)
Bethlehem Steel Co., common.—
7ft

12-15

.

15c
37 Mac.

_—_

Mines,

11-28

11-20

12-1

"".™25c
Columbia Baking, common (year-end)
—, 4
$1
$1 participating preferred (quar.) —4 ■
25c
Participating
:_—,$1"
Columbia .Broadcasting System—
4
..
r

.

12-23

175c

Belding-Corticelli, Ltd., common (quar.)__
1ft
preferred (quar.)—
———
Bell Aircraft Corporation (year end)________
Berens

6

12-8

12- .1

4

$1%,
25c
(quar.)—62.M>c

preferred. A

Colorado

.'
■

(quar.)

Bensonhurst Nat'l Bank

11-

1

,

1

Inc

Packing
.—1

1

,

preferred (quar.)—;
_i_______4 " v,
Inc.,. common (quar.)

Colonial Stores,
$5

12-31

$1.06V*
$1M4

.

12-15 '

1-1

50c25c

1

,

■5V% ft preferred (quar.)

,

(Lima, Ohio)—,

Finance

5 Ma %

t

6

725c

common____

Manufacturing

11-14
11-19
11-

7$3M2

Ltd., class A (resumed)——
(s-a)„
1st preferred—
:

2nd' preferred

Colonial

;

73c

—

Beatty Bros.,
7%

5~

50c

U2Mac-

(quar.)—;

Seelig Mfg. Co.,

11-14

1

12-

SV/z

Reduced

Colgate-Palmolive-Pfcet—
,
$4.25 preferred (quar.)
.____—_I
Collins & Aikman; 5,4 conw. pfd; (quar.)—

11-16

1

11-30

.

(Montreal)-—

Canadienne Nationale

Banque

6

12-22

$2M2
$2 Ma

(s-a)
Y5c.
Federal Light & Traction Co., $0 pid. (quar.),$IMa.
Federal Mogul C°rP°t'ation (quar.)____—__ v ,
.25c
Federal -Screw Works (quar.)_j___i_-i—,-4 25c
56 Petroleum Corp.-———
2c
Finance Co. of America class A (quar.) ___,
15c
-'V Extra.—
i-,.'
5c

'.5-15.:

6-1-43

I'¬

12-19 '

.

'

1 ;

.11- 2

1

12-

1

12-

ll -20

1

1-1-43

,5ft »preferred

31M4C
' 75c]

12-

12-

■

Y.')

(quar.)-,___^___-_n___
Quarterly
______
Faultless Rubber Co. (year-end)______

^

.

11-13

1

12-10

15c
V'; 3c
$1 Mt.

Farmers & Traders Life Insurance

11-14*
11-20

11-25 '

12-10

25c

(quar.)_____

12-28 ;

r

12-

$1M4
25c
25c
'50c'

■

Fansteel Metallurgical, $5

12-15, ; 11-27

12-5 •

12-11.

12-15

Fajardo Sugar Co. of Porto Rico (quur.)_—
50c
Nickle Mines (irregular)JlOc

Falstaff

12-5

11-10 •

11-25

12-

Falconbridge

11-10

11-16;

12- 1

50c
50c

:

common

Cob W, Gregg;(quai\),___'__'__'___4.__-_: '
Fairbanks Morse 8s Co, (quar.)i
._4__j_

6

11-10

1-4-43

~ t75c

convertible'preferred______l

Co.,

preferred. A

11-14

1

$1%

FUtter;

9-15-43

12-11

12-15

!

75c
60c

<quar.)____
Eversharp, Inc., 5ft preferred (quar.)______
Ex'olon Company
:___

3-17-43

}

Industries, Ltd.—

beneficial

of

Ctfs;

6-16-43

'

11-104

12- 1
1- 2
1- 2
11-25
12-28

$1V2

'

(quar.)

Musical

&

Railroad

$5

1

11-10

registered '
■' 6ft
Ely, & Walker Dry Goods, common___^____,.._25c
Empire & Bay State Tel., 4 ft gtd.' (quar.)'__
$1
Emsco: Derrick & Equipment (year-end) ____
,
35c

preferred

Equity Corp., $3

12-

12-

Manufacturing

Erie

,

$1':!4

Tft

12-16

5

12-15

;"!■. $1V2 ■■■ 12-1
$1.62*6'
12-1

:'Ordinary

11-20

12-

11-10

Electric

11-10

12-17

$1M2
.____

(quar.)

preferred

11-15

.12-

12-1

12-

11-16

-

,

,

'':'$IMb-' 1-1-43

!_____

Eaton

11-20

12-31

12-27
12-15

15c
30c

'

El Paso Natural Gas, common_L_______w__^_

1

25c

(quar.)

(quar.)_____—

Products

Steel

Eastern

6 ft

:

4,

$50c

'

preferred (quar.)'
$6V2! preferred (quar,)

12-15

Year-end

1-14,f

11-20

Shore Public Service Co.—

11-30

''

•

(quar.):

ts-a)

12-1
1-20-43

Interurbaii Water—

&

1

12-

50c

(year-end)

class A

.

12-

''

!____—_

common__„_.

"6 ft

1-15-43

A (s-a)2_,
$3
———-—$13,30;
Cockshutt Plow Co., Ltd. common (s-a)„a__; v- *25c.
Common
(Sra)
;
f25c?

:

Louis

St.

12-15"

.

,•

Coca-Cola International Corp., cl.

12-16

12-

7$2Va

1

1-

t$lVa
f$2Ma '

.

5

12-10

12-

11-16
...

1

12-

*

Lead Co;, com. (year end)J_L_
Vo preferred- l(qUar:)__^^i.iM_42i-^:_4l244.J

1-1-43

,

Company, ,common___

,Common

12-15

12-

2

1-

11-20

1

11-25

75c
$1',^
$1M»
' 75c
$1M4

Co;____—;

preferred

54 :1st

11-30

1-15-43

12-18

$30c

4

,

11-13

.

1

12-

50c

:

Electric—

Corporation,

Eastern

12-21 V 12-14

(quar.)______,_________J_2 ;;' / 37MuC.

Tractor

Coca-Cola

12-31

,

4'

»

11-20

25c 4-15-43
25C-7-15-43
25c-10-15-43
11-24

■

—-

Coast .Counties Gas &,

12-10

.

12-

Investments—

Piclier

64'
prefeiTed
'.7ft. .preferred

.

■11-20

•

11-30

12-

25c

•

'

-

—

Co._—

9

11-16

11-30

.

25C.;

•

Regular1, stock
Cleveland

1
1'

1-

.

(quar.)_w—;

guaranteed^ (quar.)_

Special

12-

60c

_______

'

12-

1

$lMa

_

quar.)

"6

11-16

12-15

$1

'

,

Cleveland & Pittsburgh RR:—

11-20

$1%

(s~a)_.:

(reduced

1

12-

15c

Co.

'■

12-15

-

Corporation
—___——
City of New Castle Water, 6ft pfd. (quar5-_.
City Water of Chattanooga, 54 pfd. (quar.)
Clark-Equipment Company, common.
,5ft .preferred (quar.—-.4—

.

12-

10c

•-'»

Quarterly

y4c

41

(quar.)_._—___

(reduced quar.)

Scotia

Nova

T

9

11-

1

;

Chrysler

11-20

12-

;

—

Chile Copper

1

50c

common:

Bank of Ainer. Natl. Tr. & Savs., com. (quar.)

Bank of Montreal

12-12

11-

1

$3
$3
—

Quarterly

12- 1

12-

|4c

pfd. (quar.)
Bangor Hydro-Electric Co. com. (irregular)*
,7 ft .1st preferred (quar.)——
6ft preferred (quar.)__—•
Radio

Eagle

Eastman

Quarterly'

12-10

75c

monthly,™
Show, Inc:,6%

Mills,

12-

Cotton Oil

Chickasha

r

12-15

$iy4

——

-

Baltimore

Dfavo

11-17

11-14

12-

preferred .(quar;)__i__a.___^___^v—"$1M2 '
Chicago Corporation $3 pfd.^__'__.4_iu__-w
,, f75c
Chicago Yellow Cab Co.—i_.—
—-2—
25c

6

12-15
2-1-43

Sl'A
$$l'/4

—

;5ft preferred (accumulated)

11-17

11-30

6ft

/

12-15

$2 Ma

(quar.)--

$1.65 convertible preferred

Dominion-Scottish

12-19

12-

(quar,)-;

(irregular):__t__2____l__'___
Ltd. (quar.)il_':_l____

5

12-15

1-2

;

preferred

.

,5-ft .preferred

12-

11-23

$l-%.;
$1M4

...

Champion Paper & Fibre, common__________
'•

10-30

1

12-15

$3

"
.

12-

12-

$2 y2

15c

—

11-

12-21

37 Mac

(quar._

Co.________

11-25

t$7

_________

preferred

6ft

Powder

12-

$1%

Refining Co., common

Corp.,

-

Dominion Bridge Co.,

11-23

$1M2
25c
Central Paper
Cot (quar.)w_._____^__l™_ 15c
Central States Edison, Inc.,——__—10c
Century Ribbon Mills, 1% preferred (quar.)_
$1%
Chain* Belt Company25c

11-20.,

12-

" '

(quar,)-

Light & Power, $6 pfd.
Steel Products :
:_

Ohio

Central

,

11-13

10-31j

Anglo Investment Corp., Ltd.—

1

v

$1'Mb
50c

________

Investment Corp,_—

Central Ohio

12-10

_____

..

faccumulated.) -jLui

preferred

Central

'

12-

2

preferred, (accumulated)

6 ft •;

1

1-

-

Atlas

$6

-

12-15

$1%

Topeka & Santa Fe Ry. Co. (inc.)
(year-end)

Atlas

12-

12-21

•

50c

(year-end) —

preferred

12-10

$1'

Atlantic Gulf & West Indies-com.
non-cum.

12-

15c

(quar.)'________—
Dry Goods, 6ft 1st pfd. (quar.)_
Tft 2nd preferred (quar.)
—
'7% 2nd preferred (clears all arrears):— —
Astor Financial Corp., 75c 1st pfd. (s-a)

2nd" issue

11-14

1

1st

5 ft

11-30

75c

—

(s-a)—_
preferred (-s-a-)
4Vt'M pfd. (quar.)*_
Caterpillar Tractor Co. (quar.)___^___—
Central Arkansas Pub. Ser.-7% pfd. (quar.)
Central Foundry Co., 5%„ preferred
Central Illinois Public Service—

80c
80c

issue preferred

5'ft

11-30

1-1-43

50c

preferred

5ft

11-28

East

Central Illinois Light,Co.

6

11-30-

50c
12 Vfe c

Associated

Atchison

'5ft

Rbilroad Co.-—

Catawissa

4

75c

(quar.)

common

.

11-16

___________—__

Armstrong Cork Co., common

6

12-

•

11-23

20c

(Del.), Tft pfd. (quar.)——-

Co.

&

Artloom Corporation,
7%

$1%

preferred (accum.)

$3

Farms Co.,

4ft

12-

l__

.__

Dominion &

11-

.

12-28

————

(quar;)
Archer-Daniels-Midland Co.

Dome1

11-6

.

4

11-13

1

11-16

preferred (quar.)____2J_l_;i_-:_______l;f$lV2'
Mines, Ltd..
'
;L__4^-L_'_4'' '
$40c

'6 ft

11-16

-

•

15C

common...—.——

Cotton.Mills,

Amour

12-

;—

Anglo-Canadian Telephone Co;, cl. A (quar.)
Angostura-Wupperman Corp. (year-end) ——
Anheuser Bush, Inc. (year end)_——
—_

Arden

12-15

2-10-43

12-1
12-

,

_

,

—_

—

5%

Co.,

American Tobacco

Arcade

$l3/4-

11-13

3-1-43

participating preferred (s-a)
.
75c
common (irregular)50c
8ft preferred (quar.)
.1
____^
$2
Dierm& Wing. Paper, 5ft preferred (quar.)__
$1M4
Distillers Corp.-Seagrams, Ltd. com. (quar.)
155M2c
5 ft' pfd. (quar.) ' (payable in U. SV funds)
$1M4
Dixie-Vortex Company, common (irregular)
• 25c
Class A (quar.)!_____
:
:
62M2c
Dominion Foundries & Steel; Ltd.—
4

12-15

_

-

•

11-30

12-

6ft

,

11-20

____—_

Foundries

Steel

American

2

1-

485c

*

12- 1
425c
12- 1
- 425c
12- 1
Class B (interim)—.'—
' -4 25c
12-23
Canadian Malartic Gold Mines (quar.)______
,"42c
12-15
Canadian Oil Co.'S, Ltd. (extra>)_'
J20c-:
12-15
Canfleld Oil Co., common (irregular)—v' V . ,$l
12-23
6 ft preferred (quar.)
:
v'v $114
Carman & Co. class A (quar.)—________■:
50c H .12- 1
'Class B
25c. 412-1 4
4
Carolina Tel. & Tel. (quar.)__^;_____4^__u - ■-■$2 . ,12-10

11-20

Smelting & Refining, common—_

American

12-

1

Co.,-common——

(year end)——

Common

(quar.).._____

$3.40 convertible preference

Fairbanks-Morse Co., Ltd. (irreg.)
Canadian Industrial Alcohol, cl. A
(interim)

11-18

12-1

______

i.

1

ri-20

1

50c
37M2c

common_________^.l_Ll

11-20'/

'

1

12-12

12-

$1'M4
,

__

Canadian

12-10

12-

25c

pref. (quar.).—
Standard Sanitary—

(irregular)

Common

American

12-28

;j_'__l_

___

■

.

-

;■

Co., "

25 c

.

111

(:quar.)

12-1

Dictaphone Corp.,

11-17

t$lM4 -^12- 1

(quar.)

Co.

Match

Diamond

:

participating preferred
Canadian Breweries, Ltd.—

common-J

A

12-

A' commpn__ilZ__

preferred qqupr.)

12-15 , - 11-30
12-15 " 11-30

-

,

$lMa

__

—.—

_i________i,_,__x—' " |.$1
_
f$1.62M2

6Ma Mr preferred (quar.)—
Canadian Bakeries1, Ltd.— •

•

1

20c

Paper Goods, Tft

American

12-

50c

common—

(quar.)

American Radiator &

7ft

-

Foundry (quar.i
Metals (resumed).

American Machine &

6ft

_—

(year-end)

American Laundry Machinery Co.

Class A: quar.)

„

12-18
■

Class

i;i^__l_l__2l-__ <•"
$1% •
"1. 25c

(quar.)

R'ay-nolds; class

&

Diamond Alkali

.

-

•

:.

$2 preferred
'5ft

11-13

12-

of Delaware, com,

preferred

prior

Canada

12-

50c

62M2c

——

_____—

Corp.

Insulator corp.

'Convertible

(quar.)

conv.

Products

American

Extra

9

75c'

Am.

Home

12-

2

1-

Canada

*

: preferred

,,7'/o
D'evoe

the quarterly dividend due :•
,
* ■'
' •'
and interest thereon)
t$ 1.8521 •12-29
12-15
Ltd-. (s-a)__
;_ - -• - f20c • -12-14
12- 7
& Dominion :Sugar-Co., Ltd. (quar.)-,,r
$20c
12-1
11-14
Dry Ginger Ale, Inc. (quar,)
.
15c
12-11
11-25
Vinegars, Ltd: (quar.)—ilOc
12-1
11-16
i
•
410c
12- 1"
1,1-16
Wire & Cable Co., Ltd., cl. B (quar.)
$50c
12-15
11-30'

Canada

11-19

$1.183/4

—

11-17

1

12-

Bud Breweries,

Canada

11-25

12-15

—

.

(quar.)—

American

12-15

40c

a,

t

Detroit-Michigan Stove Co.—
■

.

1941,

1,

Nov.

Canada

11-25

12-15

f90c

thereon)

interest

•

1

t S1.05

4% ■ft

$2.50

12-

12-11

50c

v,.'V'-'
t$i.8667

and

1941

(Representing

11-25

.

______

Gas &

12-

12- 1

Power Co., $6 pfd.__—

& Foreign

preferred-

$7

12-15

$1%

—

•

•'

1

50c

pfd. A (quar.)

American Envelope Co., 7%

ly

Aug.

due

•
'

12-

$1.75'

of

idend

•

$1.37M2

Capital Corp., $5M2 pr. pid. (quar.)

American

1

6ft

preferred

12-15
12-

12-

1

1

11-14

1

11-14

12-1

11.-16

12-

1

11-16-

12-

1

11-13

12-1

11-16.

1

11-16-

12-

Volume

Number 4127

156

THE COMMERCIAL & FINANCIAL CHRONICLE
Per

Name of

Banna

(M. A.)

share

Company-

Co., $5 preferred

Barbison-Walker

Refractories,

Hazel-Atlas
Hazeltine

Glass

Ltd.

Co.,

(quar.)

Corporation

12-

11-12

hunxenneimer Co.—

1

1-6-43
12-24

12-24

12-14

Macassa

12-24

12-14

Mackintosh-Hemphill

$ 1 Va

12-1

11-16

Macmillan

$1

12-15

12-

25C

11-25

11-15

$1*A

1-2-43

50c

12-15

25c

12-16
1

$1.57

(monthly)-

15c

11-27
12-24

1-29-43

1-19-43

125c

12-21

12-

12-1

11-14

12-

11-14

Hinde & Dauch- Paper Co. of Canada
Hires (Charles E.) Co. (quar.)
Hobart

(quar.)
__

30c

(quar.)-—___—__

37 %c

75c

Monthly

12-21

Ltd.

(A.

-7%

•

Electrochemical

C.)

Co.

(quar.)

,___—

partic. pfd.

Horn & Hardart Co.
Houston

(N Y)

Light & Power,

Humble

Oil

&

(quar.)

Huntington

5%

Fibre

1-2-43

12-15

*

11-18

15c

111-30
12-21

12-11

40c

11-30

11-13

Power

Co.,

5%

Assurance

Co.

(Toronto)

shares

9-26

11-16

1

1

12-

1

$1%

1-

12-

1

preferred
Battery

Kalamazoo

B
Co.

5%

(Julius)

50C

Kendall

Kinney
Klein

Co.

(D. Emil)

Knudsen
00c

&

12-15

12-

$iy4

(quar.)

___,

______

12-

(H.

$ i y2
$2

prior pfd.—.

_4__'
(quar.)

pfd.

—

12-

tsiy4.
62'/2C

preferred

12-

1

-

Class
Montreal

11-10

1-20

Motor

Wheel

Mount

Diablo

11-14

Mountain

preferred
Electric

Leland

Salt

Leslie

Co.

Mountain Producers Corp.
Muncie Water Works, 8Vo preferred

Murphy

(G.

Corp.

Murray

$1%

2-1-43

1-15-43

12-15

12-5

1-1-43
12-

l

12-1
12-

11-14

1

/

11-16

12-15

Extra

11-25

VI50C

12-11

$iy4

_

11-30

20c

12-1"

11-14

(Richmond, Va.)
—

S3

—

25c

common——..

(quar.)

12-31
12-

12-

1

,

25c

12-

5

(Nashville,

12-24

•

1.11-

$iy8

(quar.)——_

;

(quar.)——
_

$1

Extra

B

Lincoln

7%

Extra

11-9

Link

Inc.,

Lionel

12-14

<

preferred (quar.)
Corporation (quar.)

Nebraska Power Co., 8%

RR.

••

40c

12-1

11-2

Class

B

Extra

—

1

11-

12-

1

11-10

25c

12-1

11-10

Class

12-

11-10

7 r/o

_—

30c

$1%

12-

1

1

12-21

,

2

—

12-1

11-23
11-23

1

50c

12-1
1-2-43

->11-

preferred
Star

Gas

11-30

11-12

11-24

50c

_

12-10
12-10

11-24

12-

11-10,

(quar.)_

t25c

—

ti2yac

12-

11-10

$25c

12-

of

interest

&

Taylor, 6%

1st pieferred (quar.)




12-15

State

1

11-17

12-15

11-27

12-

1

Newberry
5%

(J.

J.)

1

1-2-43

/

11-25

12-15

12-

12-

1

12-

(quar.)

Nipissing Mines,
Noranda

11-30

11-20

Norfolk

12-31

12-21
12-22

North

Pennsylvania RR.

12-15

11-25

North

River

25c

12-

1

,11-20

$1'4

12-

1

11-27

6%

12-

1

11-20

12-

1

12-1

11-12

12-

11-12

1

11-19

11-21

12-

1

11-12

12- 5

10-20

$l*/2

12-

1

11-14

1

11-20*

•

,2*4%

.

RR. Co.—

pid.' (quar.)

(year

1

11-20

20c

12-23

11-20

—1*4%

12-23

11-20

12-15

12-15

12-

11-15

$l3/4

—

—

a

share

___—

Co., 7%

pfd.

for

(quar.)_,

$1%

class A preference

Ogdensburg

t37*/2c

Ry„

&

Alexander,
Inc.,

preferred
Steel

2nd

5%

Car,

preferred

East

11-20

12-

1

11-14

12-1

11-14

25c

15c

—

12-15

12-

1

(quar,)_______

70c

12-

1

11-19

____________________

75c

12-1

11-19

1st pfd.

(quar.)_____

12-14

6*/4c

12-29

12-14

$5c

(quar.)

12-29

62y2c

(quar.)_„____
Mines

Dome

Gamble

Inc

11-30

$1%

guaranteed
5*4% pfd. (quar.)_

common

(quar.)

1

$l*/2

Power,

1-15

12-23

________

Canada

.

Finance

Service,

$6

$l*/4

12-15

$l*/4

5% pfd. (quar.)
preferred (quar.)
of

11-25*

12-15

12-

$l*/4

Bank

12-1

11-15

3

(Montreal)-—

pfd.

(quar.)_;.__

$l*/2

12-

1

11-30

preferred
preferred

(monthly)-,:—
(monthly)_______—

41%c

12-

1

11-20

50c

12-

L

11-20

preferred

(monthly).———

58*4c

12-

1

11-20

Service

12-15

preferred

of Indiana

com,

(quar.)_

(quar.)
of New Jersey—

_________—

$5

preferred

25c

12- 1

11-14

$l*/4

12-1

11-14

$1*4

12-15

11-13

—50c

12-15

11-13

$13A

12-15

11-13

$2

12-15

11-13

t$l*/4

1-15

11-25

(quar.)___—_—

preferred

6%

(monthly)

preferred

preferred (quar.)__—

(quar.)——)

—

—

prior

preference—,—

Bakeries

Corp

________

(year end)—,
preferred (quar.)

Power

Co.

;___ '

80c

12-

1

11-16

11-

2

$l*/2

(quar.)_______—_—,

12-10

11-20

1-15

11-20

12-

11-30

25c

12-15

11-13

$25c

U-25

10-26

12-1

11-27

11-18

50c

12-1

11-16

$i*/4

2-1-43

1-15-43

6%

11-16

30c

11-30

12-15

11-20

$2*4

12-19

11-30

11-23

11-

2

$1

11-25

11-16

12-10

11-25

$1
30c

12-

1

12-

1

11-13

11-25

10-31

11-16

t87*4c
t75c

11-25

10-31

25c

12-21

12-10

12-

1

11-20

50c

12-10

11-19

Steel

$25c

1-15-43

I-2-43

t40c

12- 1

II-16

1st pfd.

Corp.—
preferred

preferred

B

(quar.)_

Ltd

non-cumulative

conv.

—_

preferred

(quar.)

(quar.)__

37*4c

(quar.)

30c

11-25

11-10

1

11-20

11-25

11-10

12-

15c

2-1-43

1-15-43

15c

2-1-43

1-15-43

25c

—

(quar.)__,——____—___

12-21

12-

1

$1*4

preferred

preferred D

—

—

(quar.)

1-1-43

12-10

$1*4
25c
$1%

1-1-43
12-15

12-10

12-30

12-15

37*4c

12- 1

11-20

$1*4
$1*4

12- 1
12- 1

11-12

11-25

11-12

$1*4

12- 1

11-12

t$l*4

(quar.)

Paper Co., Ltd
preferred (auar.)

——

Roxy Theatres, $1*4 preferred

(quar.)__
Royal Bank of Canada (reduced quar.)
Oil Co., Ltd. <s-a)___

Royalite

Royalty Income Shares series A,—_——_—
(quar.)

Rustless Iron & Steel Corp. com.

12-1

11-16

37*4c
*$1*4
*50c
.00021c

12- 1
12- 1
12-1

10-31

>

15c

11-25
12- 1
12- 1
11-30
11-25
12-10
12- 1
12-23

11-14

11-14
10-31

11-25
11-25

62*4c
$iy4
15c
50°
$1*4
$3
$1V2

12-23

12-15

$1.62*4
7% debenture C (quar.)
$13A
7*4% debenture B (quar.)_—$1.87*4
8% debenture A (quar.)—
$2

1-2-43
1-2-43
1-2-43
1-2-43

12-10

75c
$l*/4

12-10

11-12

12-10

11-12

convertible preferred

(quar.)—
Saco-Lowell Shops, common (irregular)
Safeway Steel Products
St. Joseph Lead Co—
St. Joseph Water, 6% preferred (quar.)
St. Louis Bridge, 6% 1st pfd. (s-a)
3.% 2nd preferred (s-a)
$2*4

Savannah

6*4%

1

25c

25c

non-cum.

—

12-23

f$l

—

B——________

_____________________—____

Rolland

12-10

$1*4

$1

Class

Inc.

Republic Steel Corp., common

6%

12-10

12-14

$1*4

Co.

(quar.)
Rochester Gas & Electric 5% pfd. E
6% preferred C (quar.)

11-30

25c

1

Co.

Rochester Button Co.—

11-30

12-15

12-23

(quar.)

preferred

of Colorado—

$1.50 convertible preferred

Electric—

Bancorporation

12-

,

■

——

(quar.)
6% prior preference A (quar.)
Reynolds, Spring Co. (resumed)
Rich's, Inc., 6*4% preferred (quar.)—

11-12'

60c

(quar.)___

(reduced)
Northern States Power, 1% preferred-^
Northwest

1

12-10

25c

__________—_—

$1.50

Company,
<fe

6%

6

(quar.)__

Northern Pipe Line

11-20

share held)

Electric

6%
•r

6

North American Aviation (irregular).

1-1-43

20c

12- 1

11-30

$l0c

$1

$iy4

12-15

"

11-

'

—

&

11-20

10c

'Republic Insurance Co. (Texas)
Republic Investors Fund—6% preferred A (quar.),

11-13

11-

(Interim)

Mines,

(quar.)

1-15-43

11-30

t$l3A

—

preferred (quar.)

$l*/2

11-30

1

—

11-10

Water

&

$160

11-20

12-15

-12-1

'

______

11-13

$4 preferred

1

112-1

$l3/4
•

11-10

11-20

6

2-1-43

12-

Reliance

1

$1.27*4

12-

12-10,

11-

2*4c

^___—____

(15/1000th of

Regent Knitting Mills,

11-13

$1

12-

t$10

11-20

11-25

1st preferred__——

(quar.)

dividend

Reading Co. 4%

Gas—

Co.

11-20

1

11-17

Rayonier,

111-10

$1

(quar.)

Insurance

11-30

1

12-

11-20

Quebec

12-2

75c

com.

ti2yac

&

1

12-

12- I

Quaker Oats Co., 6%

11-21

87*4c

,

Newport Industries, Inc. (irregular)/
Newport News Shipbuilding & Dry Dock, com.
' $5 convertible, preferred
(quar.)______

Ltd.

com,

Quaker State Oil Refining Corp——,_

12-22

12-12

12-15

tlOc

(quar.)

Ltd. (quar.)
Western Railway com.

12-

t$4.12*4

'

11-20

25c

Lt. & Power,

Co. ,.common

preferred A

$1

$1*4
$1*4

12-15

Purity

'

11-20

12-

$1*4

Co.-(resumed)

&

11-10

1

12-

5%

12-11

12-

,

25C

Elec.

11-21

12-

Puget Sound Power & Light Co.—

11-20

12-18

$13/4

$1

pfd

11-14

$3*4

(quar,)

5.107f..preferred.(quar.)—

Northeastern

5%

11-30

25c

(irregular)

common...—

preferred

non-cum,

York

1

12-18

$134

10c

8%

11-13*
11-14

25c

$2

(quar.)
(year-end)

Longhorn Portland Cement Co.—
5% participating preferred (quar.)
Participating
Lord

$5
New

11-

1

$1*4

$7 pfd.

7%

11-30

75c

(quar.)__

RR.

12-

$1.27*4

1

$3*4

Randall

;_

Central

11-16

'

11-30

$1

_______________

—

(monthly)

v.

Co.

25c

—
■—-

Inc

beneficial

York

12-

11-28

"

$2 participating class A_

New York & Queens Elec.

11-12

11-30

Long-Bell Lumber Co.—
Ctfs.

New

9

12-15

$ 1 VA *

5%

11-12

25c

Cordage,

B

preferred

30c

endl_____

Public

11-16

$1%

.

12-15

15c

Bedford

2-5-43

31*/4c

preferred

(s-a).

Public Service Co.

11-10

1

27*40

New England Public Service Co.—
$6 prior lien preferred (accum.)
$7 prior lien preferred (accum.)
New Jersey Zinc Co. (irregular)

11-17

$1.10

(quar.)

Pipe Co., common
Common
(monthly)
8%

New

1L-10

12-

$1.62 »/2

—

—

Groceterias,

12-1
12-

50c

—

Nestle-Le Mur Co.,

12-

75C

„

Lock-Joint

Lone

Extra

12-15

2-15-43

Public Service Corp.

12-1

preferred, (quar.$1.3/4
preferred (quar.)
'
'
$1*4
(quar.)^
25c

40c

3c

——

11-17

Neisner Brothers Inc.

2

Co.—

Extra-

11-25

Neiman-Marcus Co., 5%

11-

...

Original capital (quar.)
Special guaranteed
(quar.)
Loblaw Groceterias Co., Ltd., cl. A

Loblaw

1%

11-10

11-27'

....—

(quar.)—

12-17

$i*/8

common v.t.c..

pref.

11-16

1

35c

—

Bessemer & Lake Erie

preferred

5%

$1%

__________

11-21

35c

Miami

Little

preferred (s-a)

11-20

,

<

11-25

25c

(quar)..
common
(quar)

Belt Co.

(quar.)

12-15

...

preferred

6*4%

Corp.

12-1

'

£.

common

Insurance

Company ; (quar.)
Nazareth Cement Co., com.

25c

.

Co.—.

12-28

25c

Steel

12-

1- 2-43

6%

12-11

'

..

_____

National

11-20

75c

—

Stores,

12-15

$13A

—

(quar.)

12-15

$3

(quar.).

25c

(quar,)

Petroleum

Tenn.)

50c

11-12

f Public

10c

National Linen Service Corp.,

9

$1%

Quarterly—

11-20

(Del.)25c

Accident

__

———...

—

Corp.

,

—

Extra

Lincoln

12-1

50c

_

(quar.)..

Special
Liggett & Myers Tobacco, common
Class

1-2-43

50c

___

———

Liberty Aircraft Products Corp.—...;

...

&

25c

(s-a)

1

11-12

Provincial

11-14

' 25c

Natomas

Company.

1
1

15c

...

—

Life

12-10

pfd.

(year-end)__

Prosperity Co., 5%

11-16

12-

12-

35c

_

...

National

12-21

(quar.)_____

12-

7%

Folding, Box com. (irregular)_____
National Gypsum Co., $4.50 pfd. (quar.)
National-Lead Co., 1% pfd. A (quar.)

11-2G

11-30

1

Procter; &

1

$1*4

-National

12-2

'

12-15

l

S3

America—

(quar.).

Container

11-16

11-30

12-

Pressed

'

-National

1

12-1
12-15

12-

Preston

5c

Co.

___•

11-28

12-

11-15

50c

Prentice-Hall,

11-21

50c

(quar.y___.__.___

National Brush

12-

1

11-15

$1*4

Powdrell
••

11-15

12-

$l*/2

(quar.)

—_—

5 '

12-

12-1

of

12-15

12-15

50c

■

National Automotive Fibres, 6% pfd. (quar.)
National Bearing Metals, common.-..
National Biscuit Co., 7% pfd. (quar.)

11-16

12-15

Co.

(St. Louis)

Narragansett Racing Association (year-end)
Nashville, Chattanooga & St. Louis Ry.—
Irregular'

12-24

25C
25C

30c

11-15

2

12-1

5%

America, (year-end)

Mutual Bank & Trust Co.

11-14

;

$l3/4

—

11-17

$2

Muskegon Motor Specialties, $2 class A (quar.);
Muskogee Co., 6% preferred (quar.)._._

$iy4

11-15

50c

11-20

11-10

12-18

$$1%

11-20

.

2

12-

12-10

6%

11-30

12-8

12-

15c

Portland

11-14

30c

1

40c

Potomac

12-31

12-3

11-16

12-

Co.—

Pollack Paper & Box

12-11

12-10

1

(irreg,)_

Poor

12-11

12-15

11-16

12-

11-28

(quar.)__
Peoples Telephone Corp., 4*4% preferred____
Peoples Water & Gas, $6 preferred (quar.)_
Pfaudler Co., 6% preferred (quar.)__

each

11-10

2

75c

1

t30c

1

1-15
l-

11-30

(quar,).

1-2-43

—

(interim)

12-

50c

12-21

12-1

12-10

(quar.)_—_
Pennsylvania Electric Co., 5.10% pfd. (quar.)

4

11-10

1-2-43

(quar.

$iy2

Chemical

Switch

12-19

12-29

12-31

6*4%

(quar.)

convertible

Stock

11-10

1

lc

(irregular)..
(s-a).....

11-20

preferred

1

$l*/2

(Utah)

11-16

6%

1212-

25c

11-27

Mutual

A

Plymouth Oil Co.

& Development—

Supply

of

11-10

t3iy4C

50c

(quar.)

Corp., common

(quar.)..

12-14
12-14

12- 1

$2

(quar.)

11-30

12-

11-25

$2.25

(quar.)

12-11

15c

1

75c

40c

50c

11-20

12-

$2.25

.....—.—.A

Co.

Co.

Mills,

12-29

Pittsburgh Steel Co., 5*4% prior preferred-Pittsburgh Youngstown & Ashtabula Ry.—
7% preferred (quar.)

1

12-1

34%c

,

25c

Lexington Water, 7% preferred (quar.)
Libbey-Owens-Ford Glass Co.______________
Life Savers

Corp.

C.)

9

11-14

(accum.)—$1*4

Pittsburgh & Lake Erie RR

11-28

75c

-

Quarterly

■>/? ("-I

(quar.)

(year

Dry Goods Co.

Fuel

12-

11-24

1

12-10

Pittsburgh Coke- & Iron Co.,, $5

11-10
12-

11-24

12-21

1-14-43

—

Oil Mng.

1

11-30

50c

Corp.

12-

12-19

12-15

12-21

6

flc

Telephone, common (quar.)—,,

class

$1.25

G'fi

11-20

20c

(W. R.)

Finance

11-16

1

2

24c

...

Mortgage Co.

Moore
Motor

&

Woollen

Pittsburgh

11-20

1-

11- 2

50c

Pillsbury Flour Mills (quar.)
Pinchin, Johnson & Co., Ltd.—.
Ordinary registered (final)

11-25

12-

$1%

1

I

1

1$1

end)_._._

11-10

Lehigh Portland Cement Co.—
4%

(irregular)...,

Tool

12-

.

1

$1%

(quar.)________

Inc..

12-10

2-1-43

12-

12-12

1

12-

75c

(interim)—

Pilgrim Exploration Co.

2

$1.06

pfd.

11-25

11-16

——__——

preferred

$7

(quar.)
&

12-10

$1

Society 5xk'fo.

Loan

12-

11-

12-22

•

;.

50c

Co., Ltd.

(year

A

11-14

12-12

11-25

l$l34

preferred

Mining Co
Phoenix Hosiery Co., 7%

11-24

1

5

12-

t$l

Phillipsburg

11-14*

12-15
12-15

25c
•

Montgomery Ward & Co., common..

11-30

:

Mercantile Co.

Common

11-25

Sl'/a

Inc.,

(quar.)...

—....

■

10c

__________

Monotype

D.)

12-15

15c

(irreg.)—

com.

(quar.)—.

convertible

12-.

12-15

(irregular)

—,_

Service

Machine

Loan

1

4c

11-12

1

6% preferred (quar.)
Phillips Petroleum Co. (quar.)——____
Phillips Pump & Tank, class A__^

6

12-

9c

prior pfd.

Mills,

11-

45c

...

end)pfd. (quar.)
.1
Monsanto Chemical Co., $4.50 pfd. A (s-a)
$4.50 preferred B- (s-a)..'.^
$4 preferred C (s-a)...—;;

Monroe

12-

Machine (irregular)—.Secord'Candy Shops (quar.)—

$4.50
Lee

7

12-

(quar.)

(R. G.),

1-1-43

Public

Monarch

12-

12-15

Inc.

Tourneau

Carpet

1

12-15

Lawyers Title Insurance Co.
6%
preferred (s-a)
Le

11-25

Mohawk

25 c

(quar.)_________—.—
Lane-Wells Co, (irregular)
Langiey's, Ltd.—,
-1
7^r convertible preference (accum.)—
Laura

(Robert)

1

12-15

12-10

12-

$1.37*4

Phelps Dodge Corporation
Philadelphia Suburban Water,

11-27

12-

$1

4y4%! preferred CAquar

Mitchell

12-

$1

'Missouri Edison Co.

1

.Missouri

$l'/4

Lake Superior District Power, 5% pfd. (quar.)

Lanston

•

11-14

Stores, com. (extrg)_
.

Hart. Inc.!

11-10

1-1-43

30c

&

1

1-6-43

$iy4

________

Lake of the Woods Milling, com.

preferred

(s-a)_—

12-10

25c

preferred ' (participating)

11-25

50c

Kuppenheimer (B.) &-Co.. (s-a)
Laciede-Christy Clay Products Co.—

7%

12-

$iy4

_

____——

Lane Bryant

end.)

(quar.)
$4 preferred B (quar)

12-, 1

SI

!___

3% special preferred (quar.)___;
Kroger Grocery & Baking, common (quar,)._
6 % 1st preferred (quar.)
__———:
7% 2nd preferred (quar.)_

preferred

11-18

1

12-15

30c

(quar.)

common———

Landis Machine Co.—

(yr.

(accum.)

Common

11-30

12-

50c

$iy2

7%

12-15

(quar.)———,

7%

pfd.

Miller

75c

(year-end)

—

preferred

Co., common
preferred (s-a)

8%

1

12-

5%

Corp.

conv.

15c

Minneapolis-Honeywell Regulator—A,

Koehring Company ———_________——
Kresge (S. S.) Co. (reduced)
:

6%.

Midland Oil Corp.,. $2

(irregular)..

11-19

$l3/4

& Co.,

12-15

Products

Petroleum

11-19

(quar.)

(8. H.)

1-

Tube

Mid-Continental

12-

Inc.,

12-15

1

12-15

(Cal.),
(quar.)

Kobacker Stores,

12-15

1-

1

12-15

Co.

1-

,

12-19

$1

;

com.

Ltd.

Pennsylvania State Water,

12-15

12-

25c

Mines.

Pennsylvania RR.

11-14

1-

67o preferred, series 1940 (quar.)
$l*/2
$6 junior , preferred (quar.).—
$l*/2
1%
preferred (quar.)_•—$1%

,

:

5

12-

15c

Creamery

preferred

Kress

12-31

25c

$5

12-

12-

$1

_

(G. R.)

25c
$l*/2

....

12-

50c

Co., $6 partic. preferred A (quar.)_
_______J____——_

Kilburn Mills

Co. com. (quar.)..
(quar.)_w-__.^^___

25c

Parchment———

Co

&

Service

Midwest Oil

(year-end)——

(extra)—

preferred

conv,

Kayser

(quar.)

Public

6-%' preferred

25c

(quar.)—

Vegetable

(quar.)

preferred

prior

Michigan
4

payable

(year-end)

Kaufmann Department

preferred

.Michigan Steel

;

<

12-15

35c

$1.20 preferred class A (quar.)
Pennsylvania-Central Airlines Corp.—

1

12-

11-9

(quar,)———

1212-

1

common

1

1

12-

end)—

12-12

1-

1

$7

Co.—

(year

12-22

$iy4

11-20

30c

(quar.)
Inc. (quar.)

Electric

Penn

11-15

$1*4

(quar.)__

Consol.

Stow

$1.40

1

1-

$l*/2

Jamzen Knitting Mills 5% preferred
Jones & Laughlin Steel Corp

W.

$1%

12-

1-

8 %

Mfg. Co. vtc.

12-10

1

37>/2c

common

preferred
(Peter),

Peerless

11-20

1

25c

(quar.)

Petroleum-

Inc.

12-

8iy4c

1-

11-

5%

(quar.)

$i*/2

1

K.

participating preference

preferred

preferred

Peninsular

$1%

5

—

•

11-14

$l*/2

12-

Co.,

-11-14

1

(quar.)..,.--

5

„

12-

(quar.)..

12-

___

11-30

t$23/4

prior

$1%

preferred A

Wilcox

pfd

preferred

Nickel

5%

Peck,

2C

Scott. 6Va',6

&

Textile Corporation—

preferred

Harvester,

Jaeger Machine Co.

6'r

$6

International

Gas

Peabody Coal,

9

$7

International

Natural

12-

'$6

■■

10-31

Corporation

12-31

11-20

1

Iron Fireman

(s-a)v.u__J_;,$1*4

preferred

11-16

12-

Intertype

Paymaster

1

50c

Silver

Paul

11-25

$5

12-10

International

12-20

1st

11-20

12-

35c

(quar.)

12-21

convertible

1

$i*/2
t$l*/4

—

Manufacturing Co., Ltd., com. (quar.)

TA

1

12-

$1

(increaseu)_____

(resumed)—

1-1-43

1

12-

Pen Co.

$5*4

•

...

end)

12-

12-15

Co.

25c

(St. Louis)

(year

common

11-20

12-

$i*/2

Extra

Paton

11-12

1

$$3

Parkersburg Rig & Reel Co.,

12-

12-15

tax

-

1

12-

$i*/2

(s-a)—

$iy2

Metal

11-16

1

50c

(quar.)—_

Parker

1

12-

t$l3/4

(quar.)

Co.,

1

.Merchants Petroleum Co

11-13

—

12-

preferred

Park-Wilshire

Metropolitan Edison Co.—

1

12-

12-1

(s-a)

12-15

11-14

50c

(quar.)—

Proof

1

Metal & Thermit.Corp., common.........
T,'o
preferred .(quar.).:.;

12-26

Bearer shares (s-a)
International Products Corp,

11-15

30c

12-31

40c

Interstate

$ia8

$1

——

Canad.

11-15

1

preferred

Rust

12-

5%

9-29

$1*4

less

1

11-18

11-14

12-15

$i*/8

(s-a)

common

12-

Mercantile-Commerce Bk. & Tr.

(year end)
Machinery (quar,)——
Institutional Group Securities—
Aviation Group Shares

funds

12-

12-

12- 1
12-15

25c

61st
Parker

7'}>

12-21

58*/3c

$5 preferred—

12-5

Quarterly.,,
Mengel Company,

-

pfd,

11-27

11-14

41%c

Pictures, Inc.—
(increased)
iquar.)_„__

Common

12-31

(quar.)

(quar.)

Paper,

Paramount

12-31

Co.,

preferred

12-5

11-10

$l*/8

(Canada),

1

12-31

(s-a)

Elevator

Otis

30c

12-21

-a.

7%

Oxford

25c

___

Cigar

Co.

6A

2

25c

11-10

.

___

(quar.)

2

11-

1

$n/2

t$i34

(quar.)__
(year end)

preferred

preferred (quar.)—

1

12•

11-

$1*4

(quar.)__

11-20

12-

25c

Equipment

preferred-(quar.)

$3.25

J25C

1

12-11

pfd.

preferred

Ontario & Quebec Ry.

California—

1

1-2-43

11-28

12-

12-10

Co.—

6%

Merrltt-Chapman

Company

shares

of

Co.,' 6'A

Farm

11-30

15c

7%

11-20

12-15

12-30

7»/2c

Tube, common (irregular)___
$1
preference
(quar.43%c

.Omar, Inc., 6%

1-2-43

I2y2c

•

Service

prior

•Oliver

12-31

12-

Ltd.,

5%

11-16

J25C

—

Registered

Corp.

12-31

f$iy8

$6'preferred A-(quar.)_'-_i;j__.___.____L..

Acceptance

$1.75
Okonite

11-18

12-15

$$l*/3

(monthly)
G'v preferred (monthly)
7/- preferred (monthly)
Ohio River Sand, 1'U preferred

1

$12y2c

(year-end).____

12-

12-7

12-

$3c

...

,

.

Assn.—

Loan

4*4%' preferred (quar.)—
Ingersoll Rand Company

States

common

12-

3%

-

___

United

Corporation,

12-31

1

1-2-43

(quar.7

pfd.

common

11-20

1

1-2-43

f$1.31'A

common

Seamless

12-1
12-

preferred-.

preferred

Ohio

11-16

1

1-2-43

(quar,)__._

Mercantile

$iy2

:

Industrial National Bank of Chicago—
Common (quarterly)
—;

in

Mines

■

11-16

12-

(s-a)u50c

...

<s-a)

Quarterly

International

Gold

10-31

-

.

—

<s-a)

Industrial Bank of Hartford

International

Lake

11-10

12-

12-10

25c

$$1.11

1

5

11-16

25c

$5.50,preferred B,(quar.)_.
Melchers Distillers, 6% partic. pfd.

12-

11-10

1-

$i»/8.

McLennan, McFeeley & Prior,-class A (quar.)
Class B (quar.)
6'/2% - 1st preferred .(quar.)

11-25

$ $ 3 3,4

Indianapolis Public Welfare

Inland Steel

Insurance

11-16

t75c

Quarterly
:
Imperial Oil Company-

Glass

4

12-

(quar.)

(quar,)-_._:_____v^_l

Plate

Extra

11-16

$i%

.

Registered shares

.common

12-

7(/2c

of Rec.

$l3/4

15c

Mills,

Co.,

Public

5'o

,

2y2^

Corporation

Ohio

ordinary

12-1

68 %c

pfd. (quar.)
Imperial Chemical Industries, Ltd.—
-American dep. rets, for ord. shs. (interim)
Life

for

Co., 7A

preferred iquar.)—..
lOhio Power Co.,:44 V preferred

9

rec.

Oil

Holders

Payable

$1*4

Q'b

9

12-

$i*/2
__

(quar.)preferred—

11-27

11-

11-16

12-20

12-

11-

1

12-1

Ohio

11-13

12-

12-1

$iy2

Ogilvie Flour

10-28

12-

12-

62*/2C

—

10-28

11

25c

pfd. (quar.)

When

share

-

Light & Power, 6%

12-

25c

dep.-

& Rubber

Corporation,

12-

(quar.j.

of Company

Phnrmacal

Scotia

Nu-Enamel

40c

/

(interim),

McKenzie Red

Nova

25c

(year-end)•_

com.

Co.

-4y2%;; preferred

-

11-23

f$l'/4

30c

Illinois Municipal Water 6%

Bearer

t50c

$1>A

Corp., 6% preferred
6% preferred (quar.)

Water,

Iowa

Imperial

12-5

■

25c

Corp

Extra

11-18

12-15

45c

(quar.)
(monthly)

I'/o preferred (quar.)—
Hussman-Ligonier, 5*4% conv;. pfd.
Illinois

12-8

11-14

'-May Department.Stores...:.".'^.75cMcClatcjhy Newspapers, 7% preferred (quar.)
433Ac
Mclntyre Porcupine Mines* Ltd. (quar.)
i-55y2c

.

Norwich

11-30

11-

Norwalk Tire

25c

Garden

Amer.

Massachusetts

,

12- 2

8%C

;

pfd.

common

Refining

Hummel-Ross

(quar.)

12-

:

Masonite
4

12-15

6c

Wall Products.

Mead

6% non-cumulatiVe 2nd partic. pfd. (quar.)

>

Marsh

—

non-cumulative

common

Shirt

Ltd.,

Per

Name

Northwestern Public Service, 7','c
Q"c
preferred (quar.)

12-22

1-2'

25c

(irregular)..

J—

registered-

5
*i

50C

(quar.) ____
Honolulu Rapid Transit, 6% pfd. (quar.)——
Houston Oil Co. of Texas 6% pfd
_.
Horn

12-

*5c

Dew,

Co.

Extra

'Co.,

5

$1.80

(Henry) & Co., class A (accum.)
Home Fire & Marine Insurance (Cal) (quar.)

Hooker

1

•

Holt

Honey

(reduced)

1

Mfg. Co., class A

Hollinger Consolidated Gold Mines, Ltd.—
'

Co.,

1-2

$3

$1%
(s-a)_...

Marconi International Marine Communication

12-14

15c

Ltd.

Square

Manhattan
'

11-17

15c

(quar.)

'Mallory-(P. R.).&Co.

12-1

__

Mines,

Extra

11-20

.___

preferred

Madison

11-16

12-

end)

(accum.)

6V2%

Lynchburg-& Abingdon Telegraph

12-11*

12-5

$2

■

12-24

5

of Rec.

12-15

1823

Holders

Payable

Mfg.' Associates '(quar.)

$1*4

_

When

share

Name of Company

/

,

Ludlow

$1»A

,

____

_

"

11-14

1-20-43

(quar.)

Heywood-Wakefield, 5% pfd. B
Hibbard, Spencer, Bartlett & Co.
Monthly
:

of Rec.

15c

_

(year

Hecla Mining Co

Per

$l'/2

Harshaw Chemical, 4*/2% conv. pfd. (quar.)_
Hartman Tobacco Co. $4 prior pref. (accum.)

Pineapple

Holder»

12-1

25c

common

preferred (quar.)
Harnischfeger Corp. com. (quar.)
5%' preferred (quar.)—____
5%
preferred 2nd issue (quar.)

Hawaiian

Payable

$1'A

(quar.)

6%

■

When

Seers

Electric

debenture

Roebuck

Extra

&

&

D

Co.

—

11-10

11-16
11-27
11-10

12-15

Power—

(quar.)

(quar.)__
-—

12-10
12-10

12-10

,

Name

45c

Extra

(quar.)_—
preferred (quarj-i.
Oil Co. (Del.) (quar.)

$4Va

11-28*

$1

2-1-43
2-1-43

Co., $5 1st preferred (Initial)
(Laura) Candy Shops (quar.)

12-10

12-

Secord

Securities Acceptance
Common

dividend

This

The

15c.

6%

reported

company announces

last week
it as 10c.

37»/2C

12-24

12-10

22c

12-15

11-25

25c

12-15

11-25

25C

12-

1

11-12

15C"

„

(quar.)

12-10

11-17

_

B

Class

Servel,

—

(quar.)—J.
Sharp & Dohme, Inc. (irregular)
Inc.

12-10

as

(quar.)—'

class A

Corp.

.

-

—

Co.

(quar.)

Shawinigan Water & Power
Sheaffer

•

Pen

Co.

(quar.)

12-

pfd. (quar.)
(interim)

Mines, Ltd.

11-25

11-14

11-25

11-14

12-

10-26

1

11-14

$iy4

12-

1

11-14

J30c

1-15-43

12-31

2c

11-30

11-14

60c

12-15

11-24

!

J5c

Sonotone

AAA

—

Pulp

Co.,

25c

75c

12-14

11-

12-15

12-

4

5c

12-22

12-

4

11-25

11-16

$iy2

11-25

(quar.)
w_.
.—
South Bend Lathe Works——
;
Southeastern Greyhound Lines, com. .(quar.)

11-16

11-30
12-

37'/2c

4(

S.

U.

11-30

Waite

•

11-27

11-16
11-14

;

$1

11-

Walworth

6

11-30

Warren
'

12- 1
1-2-43
12- 1
1-2-43
12- 1
1-2-43

12-10

11-25

<12-10

t,

'

11-25

Gypsum Co. com.

—-

5%

12-15

5%

11-16

Partic.

6%

(quar.)
non-cumulative

preferred

6%

non-cumulative

preferred

preferred

convertible

6%

(quar.)
(quar.)—_

6%

preferred

11-16
12-15

'11-20

1

12-

50c

12-15 "

1

11-15

3-

1

2-15

12-15
1

of

12-

1

$1

12-10

35c

1-15-43

Oil

Standard
Extra

12-

12-

$2

12-15

12-

12-15

,

12-

1

1212-

40c

t$l34

1
1

12-24

11-16

Extra

5%

11-16

12-15

11-30

1-15

12-31

12-15

12-

5

40c

12-15

12-

5

$iy4

12-31

12-17

12-

11-16*

——

pfd.

Inc.

Drug,

(quar.)

75c

(quar.)—

1

11-16

11-

$iy2

12-

1

-

12-

1

6J/a%

preferred
(D.

Class

A

(quar.)

Oil Co.,

A.)

12-

Oil

Sun

Co.

Co.

(quar.)

j.

11-16

11-25

11-14

25c

——

_

1

25c

12-15

11-25

$20c

preferred (quar,)-,
(quar,) —
.—

5c

12-

1

Stock

dividend

Sunshine

12-

1

Mining

Tool

Superior

Co.

&

12-23

Swan-Pinch

Oil

5c

Deposit

receipts

——

.*

6%

Corp.

International

Swift

——

11-25

pfd.

„

12-

1

Industrial

—

12-29

(quar.)—

1-1-43
1-1-43

(year-end)—
(year end)———

50c
55c
$1

12-10
12-21
12- 1

$134
Vanadium-Alloys Steel Co.,-ij.——$1
Vapor Car Heating Co., 7% pref, (quar,)—,
$134

12- 1
12- 2

prior pfd.

5%

Works,,
common

(quar.)_'•_—

1st preferred

,

■——

12-

1

Tennessee

Mines

$1V4

_

—_

1-2-43

25c

11-30

25c

11-30
1-15

■

—

(quar.)

Ltd.

25c

——;

Corporation

vTerre Haute Water Works, 7%
Extra

Sulphur

—

pfd.

(quar,),

$1%

Texas

(quar.)

Pacific Land Trust

Subsidiary

shares

-

Roofing Co.,

$1.40

.

12-21

Roller

Aircraft

Toklan Royalty class A
Class B

Toledo

11-19
1

,

CERTIFIED

•

'

12-16

;

Co.—

Stationery

Coal

i7y2c

1

11-14

25c

12-14

12-

1

11-16

11-

2

Corp:—;

12-

J50C

>:

1

11-19

12-

25c

1

11-14

•

12-21

$iy4

1-2-43

50C

12-15

11-20

25c

12-15

11-14

1

11-14

50c

12-10

11-27

35c

12-

1

$iy2

12-

12-

$1

Co

Instrument—,—.

Chlorine

Products

11-10

1

11-12

12-26

12-12

$1%

1-1-43

12-12

(Wm.),

$l3/4

1-1-43

$iy4

12-

2

11-16

$iy2

12-

1

11-10

t25c

1-2-43

12-15

$iy8

1-15-43

12-31

$iy»

12-15

11-30

1

11-16

1

11-10

preferred (quar.)
(quar.)—,,..

common

preferred

(quar.),
7% preferred (quar.)
(resumed)
Water, $6 preferred (quar.)
—

(F.

(F. W.),

Amer.

pfd.

W.)

—

(quar.),',

t$l3/4

Company,—!

'

12-

3%

7

11-: 4

12-14

11-27

12-

$8

Wrightr Aeronautical Corp. (year-end
Mines, Ltd., (quar.)
Wrigley (Wm.) Jr. & Co., com. (monthly) ,
Wurlitzer
(Rudolph) Co., common

12-12

12-7 .11-4

:

3%

pfd. regis..:

1-

2

11-26

25c

12-

1

11-20

10c

11-30

11-20

$10c

Wright-Hargreaves

t

12-

40C

Ltd.; 6% pfd. (year-end)

deposit rets, for 6%

.

Youngstown Sheet & Tube, common,.—.—
5y2% preferred A,
—..
—

'

50c

12-15

11-14

1-1-43

12-5

25c

-.4

$1%

12-15

11-30

50c

;

12-15

12- I

Youngstown Steel Door (resumed>
Zlon's Co-operative Mercantile Institution—

for this dividend.

•Transfer books not closed

tOn account of accumulated dividends.

tPayable

12-

1

.

funds, tax deductible at the source.
resident tax. 2%.; a Less British income tax.

Canadian

in

resident tax.

15%

j

Non¬

Tariff Act of 1930, the Federal Reserve Bank is now cer¬

BY

for cable transfers in the different countries of the

FEDERAL- RESERVE BANK TO TREASURY UNDER
1942, INCLUSIVE
v

TARIFF ACT OF

1930

.

York

1

11-10

12-

1

11-10

12-12

: 1

Nov. 19

«

*

$

.297733*

.297733*

.237044*

.237044*

.237044*

.237044*

'

.297733*
.237044*

3.228000

3.228000

3.228000

3.228000

3.228000

3.215033

2.215033

3.215033

3.215033

2.215033

12-12

11-21

i

—

.060600*

.060600*

.060600*

.060600*

.060600*

.051525*

.051525*

.051525*

.051525*

.051525*

.909090

11-21

1

•:

.909090

.909090

.909090

.909090

.909090

.883392

12-

12-

;

.060600*

Free

12-15

$
.297733*

.051525*

Official

1

12-15

■

3.215033

12-

1-1-43

$

Nov. 18

Nov. 17

Nov. 16

Nov. 14

.297733*

cruzeiro—

Brazil,

12-15

.879609

.879921

,879687

.879140

.881484

Canada, dollarOfficial—

Official

.570100*;'
4.035000

4.035000

4.035000

4.035000

4.035000

—.

.570125*

.570100*

,570100*

.570100*

Colombia, peso—
England, pound sterling—

.570100*
4.035000

•

4.035000

4.035000

4.035000

4.035000

.301215

.301215

.301215

.301215

.301215

.301215

.205725

.205725

.205725

.205725

.205725

".205725

4.035000

4.035000

1

11-10

12-15

11-25

35C

12-15

11-25

Mexico, peso

Newfoundland, dollar—

12-

75C

12-

5

11-20

12-

India

(British), rupee

11-16

10-22

12-15

12-

1

New Zealand,

60C

12-15

12-

1

Union of South

'

5%

41 %C

12-

1

11-20

50C

12-

1

11-20

58M»C

12-

1

11-20

Official

.909090

.909090

.909090

.909090

1

11-23

6%

The

11-20

12-

$i

11-13

.237044*

1

25c

(s.-a.)

preferred
(monthly)
preferred (monthly)
7% preferred (monthly)

1

3.228000

*2C

—

12-

11-18

.297733*

Official

3c
._

11-14

37y2c

$iy2

Noon Buying Rate for Cable Transfers in'New
Value in United States Money

11-25
11-10

1

5c

-

(reduced quar.)

11-16

1

Coke_„<

NOV, 13 TO NOV. 19,

.

——.—

10c

(quar.)—,:

&

Electrical

Australia, pound—

12-

T5C

(reduced)

(s.-a.)——,

Edison

•

11-19

12-

12-

$iy4

Bearing (year end)
Corporation,

Toburn Gold Mines Ltd.

Steel

11-18

$

Official,———;

12-15

10c

——

—■

(quar.)

convertible preferred

Timken
Timm

Oil

common

&

1

12-

11-25

NOV. 13

$10

—,

end)—,

(year

Water Associated

Tide

Coal

12-

$1

Pulp & Paper, 6% pfd, (quar.)
Supply Co, (quar.)
Products Corp., Ltd.—

Tablet

12-10

Country and Monetary Unit

10c

—

(year end)

Thompson Products, Inc., common
$5 convertible preferred (quar.)
Tilo

RATES
......

25c

—

Oil

Coal &

Virginia

Woolwofth

12-21

requirements of Section 522 of the

EXCHANGE

FOREIGN

50c

(quar.)—
—

Pacific

Texas

8-15-43

tifying daily to the Secretary of the Treasury the buying rate
world.
We give below a record for the week just passed:

10c

Gulf

Texas

8-31-43

10c

Foreign Exchange Rales
Pursuant to the

11-15

$3c

.—

.

Gold

12-10

Argentina, peso—

(quar.)

Extra

Sylvanite

$l3/4

Ltd.—

Co.,

(quar.)—

preferred (quar.)

Sylvania

5-14-43

11-21

11-13

Sycamore-Hammond Realty—
6%%

5-29-43

Woolworth

11-20

75c
62(4c

11-18

37V2c

50c

(quar.)—

$1%

'

i

$iy2

11-18

11-25

(quar.)———
2

2-13-43

11-21

20c

(quar.)

Die

Extra

12-1

..

..

..

10-15

15C

—i.—

11-16

12-

11-13

'7%

11-14

$1%. 2-27-43

Wood Newspaper Machinery, prior pfd..,.—

11-14

10-15

5%

Sunray Oil Corp., common
■

7-2-43

3

.

12-1

Van Raalte Co.,

11-14

.

15c

11-28

Iron

12-

11-30

Juice,

com.

; Wisconsin Michigan Power, 4y2% pfd. (quar.)

1-2-43
4-2-43

7-15-43

$1 (4

Co.,

Insurance

Dorn

11-14

$2 y2

ownership of

Wilsil, Ltd.; (quarterly),.
Wisconsin Gas & Elec., 4'/2%

5-25-43

10c

Van

1

5

Ltd.—

participating

Sullivan Machinery

—

6-10-43

40c

Stromberg-Carlson Tel. Mfg.—
Stuart

11-25

2-25-43

$2y2C

11-20

$1

(accum.)_

Strawbridge & Clothier—
•6% prior preferred A (quar.)——

12-10

$1.(4 1-15-43
$1 (4 4-15-434

,

(quar.),——_——

Upper Michigan Power & Light—
6%
preferred (quar.)
——

>

11-20

'

11-15

$i%

$2 convertible pfd.

Briquet.

-

•

Van Norman Machine Tool

Works
40c

—

Wallpaper Factories—
prior preferred

Knitting Co.,

11-14

12-

12-21

Williamsport

.

Utica

11-14

1

25c

Whitman

4

40c 3-10-43

•

Upper Canada Mines (interim),—^,

11-30

12-15

12-19

40c

participating conv. pfd. A (quar.),— •.<

Universal

11-14

1

12-

(quar.),,

(s-a)_,

Wheeling Electric, .6%

J

,

preferred

6%

;

12-

$1

6.4%

United

11-16

12-15

37 %c

—

12-15

—

Extra

Stott

11-16

$iy4

iStecher-Traung Lithograph, 5%

•

11-16

11-25

(

12-18

<

$5 preferred

11-16

12-15

common,——

Corp.—
participating conv. pfd- A (quar.)— _
participating cony. pfd. A (quar.).;—

$5

1

12-

$1 V5t

$3

(quar.;

Whitaker Paper Co.,

11-25

12-10

t$3
$4

(quar.)——,,—————,
(quar.)————.,——
—
$5 preferred (quar.),,,——————
United Stockyards Corp., common .(resumed).
.

12-

$1

75c

50c

(quar.),__

$1%

Grape

7%

(irregular),,_

6.4%

.

4

common,,,,,,,,,.,,,,,

,

States Sugar

-

11-16

12-15

60c

(quar.)

(quar.)

^Sterling

12-15

25c

,

preferred

Standard Wholesale Phosphate & Acid
Inc.

45c

50C

(quar.)

•

'I

11-19

12-28

40c

1st preferred

United

•.

11-13

Wilkes-Barre Lace Mfg. Co.

States Steel Corp.,

6.4%

1

12-

11-14

Westvaco

Co.—

United

1

12-18

11-14

Weston

11-14

non-cum.

12-31

t96l/4C

preferred (quar.)
Union Telegraph Co._„
Westinghouse Air Brake Co.,„_,

12-16

8%

12-

30c

5%

11-30*

11-28

Rubber

12-15

.

Western

11-30*

12-19
1-1-43

11-24

5

12-19

11-19

3

1

Westmoreland

50c

50C

S.

11-20

30c

(irregular)

12-»

11-30

Western

.

3714c

5

12-

$iy8

(s-a)——

(Ohio), common

—_—.;

Playing Card Co. (quar.)
—
Plywood Corp., $1.50 conv. pfd. (quar.) j
U. S. Printing & Lithograph—
'•••., •
6% convertible preferred A„
——'v

11-21

12-10

40c

$iy8
62yac

;—

Standard Oil Co.

-

J.)

(quar.)

11-20

12-15

f3c

11-30

Western

1-1-43

preferred „——
Pipe & Foundry Co.

S.

S.

11-25

1

11-10

S.

1-13-43

12-15

1-4-43

$8

U.

U.

$l'/2

12-10

"U.

11-20*

50c

(N.

Society

Loan

3-10-43

1-4-43

—

12-15

$9

Western Auto

12-10

4-1-43

25c

11-21*

75c

Co.

:

S.

(clears all arrears)
(Phila.)—
;

1-4-43

25c

(quar.)————

preference

,

(quar.)

25c

prior preference

$8

}U.

11-15

12-21

50c

(Del.)—,:—2——

Kansas

U.

prior

\ 11-20

$1%

1——

—

7%

11-15

37%c

(resumed)

7%

11-20

12-

25c

Oil

Standard

Class A

>

37V2c

—

'

12-

3iy4c

Sparks-Withington Co.—
6% convertible preferred (quar.)
Spartan Mills (quar.)—
-—;
Spencer Kellogg & Sons (reduced)—
Spiegel, Inc., $4.50 conv. preferred (quar.)_
Standard Accident Insurance Co. (quar.)
Standard Brands $4.50 preferred (quar.)—
Standard Cap & Seal Corp.—
$1.60 conv. preferred (quar.)_
Standard Dredging, $1.60 conv. pfd, (quar.)
Standard National Corp. 7% pfd
—
Standard Oil Co." (California)
(year-end) —
Standard Oil Co. (Indiana)
(quar.)

'

2-15

$iy*

Line

Pipe

2-15

1

(resumed)——_.—

(year end)
_
Southwestern Life Ins. (Dallas, Tex.)
Southern

1

3-

11-28

$2'4

11-17

w

t$iy8

(interim)

Corp.,

beneficial

units

West Virginia

1st preferred, (accumulated)——
U. S. Leather Co., class A (resumed).

1

22 Vic

West

/

;

...

$5

2-15

1

33-

$iy2

(quar.)
Co.

Pacific

11-15

30c

preferred

Southern

•2-15

1

30c

—

preferred

B
(quar.)———.
Southern California Water 5%
pfd. (quar.)
6%

1

12-

30c

(quar.)

(quar.)—
6% 2nd preferred (quar.)—
6% 2nd preferred (quar.)——.
Southern California Edison, Ltd.—
convertible

6%

3-

30c

11-14

12-

12-

preferred (quar.)
7% preferred (quar.)
7% preferred (quar.)
7% preferred (quar.)
Wellman Engineering Co.__.
Wesson Oil & Snowdrift, $4 conv. pfd. (quar.)
West Coast Telephone, 6% pfd. (quar.)
West Michigan Steel Foundry—
7% preferred (quar.)

.

37>/2c

Common
i

11-20

12-15

7%

12-21

12-31

preferred
preferred

Welch

11-10

2

11-16

12-19

Common

12-15

1

1-

12-10

40c

J25C

pfd.
Washington. Railway & Electric—

\

...

12-

flOc

±

(Northam)

11-16

12-12
$21/2t 1-10-43

22y2c
50c
$1%-

Ltd.

Foundry & Pipe

Warren

12-16

11-20

—_—

Company, common

Extra'

11-16

12-1

$iy8

(quar.)__„„

Brewery,

11-30

1

31»/4C

6% preferred (s-a)
Warner Brothers Pictures Inc. $3.85 pfd

11-16

7-17-43

12-21

20c

(quar.)

(quar.)

Walkerville

4-17-43

5-

$iy2

(interim)

Mines Ltd.

preferred

11-10

1-43

37 y2 c
•

preferred

Common

11-16

1-16-43

12-

37y2c

(quar.)
Walker & Co., $2.50 class A____
Walker (Hiram) Gooderham & Worts, Ltd.—

11-16

11-14

Amulet

4j/2 %

12-10

1

2-1-43

(quar.)

-

Walgren Company, common

11-16

7(4%

(quar.)——
7% preferred (quar.)—
—
U. S, Hoffmann Machinery—
;
Common
(resumed),,,,
—
U. S. & International Securities Corp.—

11-15

11-16

Ltd.—

.

45c

11-14

1

.

—

Casualty Co. (N. Y.)—
convertible preferred (s-a),

S.

U.

.

75C

;

12-1
12-15
12- 1
11-30
11-30
12- 1
12- 1
12- 1
12-1
12- 1

.

11-16

12-23
12-23

40c

Ordinary registered (interim)—
United N. J. RR. & Canal (quar.),,

9

25c

(quar.)_

common

1

Molasses Co.,

United

.

12- 1

60c

.

11-15

—

preferred

6%

12-

1*

„

11-12

50c

Corporation

Soundview

12-15

12-

$iy4
25c
27y2c
40c

—

———

tiy2c

12-15

•

11-20

12-19

$iy2

—

(quar.)
Sigma Mines (Quebec) (interim)—.'.
Simon,
(Wm.)
Brewery
(quar.)_—
Simonds Saw & Steel Co. (year-end)-——
Siscoe Gold Mines, Ltd.
(quar.)—
Sixth & B'way Bldg. Co. partic. ctfs
Skelly Oil Co. (irregular)
...—
Snider Packing Corp,
(quar.)___
preferred

$1

„

———

11-14

6

Biscuit of America, common (quar.),
25c
preferred (quar.)__——
$1(4
United Chemicals, Inc.. $3 pfd, (quar.),,75c
United Gas Corp., $7 preferred——
t$2%
.United Gas & Elec, Corp., 7% preferred,—,
t$1.17
United Gas Improvement, common————
10c
$5 preferred
(quar.)—
$1(4
United Light & Railways Co. (Del.)—
6%
prior preferred (monthly)—
>■50c
6%
prior preferred (monthly)——.
buc
6.36% prior preferred (monthly),—.——^
53c
6.36% prior preferred .(monthly)—
53c
7% prior preferred (monthly)
;—
58V3C
7% prior preferred (monthly),
1
58V3C
United Merchants & Mfrs.
(s-a)—.-,-;
50c
Extra—
25c

1

11-25

(s-a)

B

11-10

50c

..

,

.

Co.

of Rec.
Holders

12-30

37y2c 8- 2-43

Railway, 6% preferred (quar.),^
6% preferred (quar.),,
6% preferred (quar.)
Virginia Elec. & Power, $6 pfd. (quar.),
Vogt Manufacturing Co. .(quar.),,
—
Vultee Aircraft, $1.25 conv. pfd, (quar,)

Chemical

Virginian

12-18

5%

Sherwin-Williams Co.
5%

—

When

50c

Viclc

11-

United

.

6%

Shenango Valley Water,
fSherritt Gordon

12-21

Class

1

50c

—:——

12-

$22c

(quar.)

12-21

25c

(P. G.)

10C
40c

'Shattuck

1.

(year-end)-v.—
Union Tank Car Co.
(irregular),1
United Aircraft Corp., 5% conv. pfd. (quar.).,,
;United Aircraft Products, Inc., com. (quar.)
5Va %■ convertible preferred (quar)
United Amusement Corp., class A (s-a)—

Payable

t5c

11-30

"1-2

50c

,

was

preferred

Serrick

.

<•

(interim)',,,!

Ltd..

Ventures,

:

11-24

12-15
11-24

-

Company

share
Per

11-26

12- 7
12-1

$1%
10c

(quar.),—_

Corp.

Underwood Elliott Fisher Co.

11-14

12-24

10c

-

Co.,—1

Rubber

Tyer

Corp.—

(quar.)

South La Salle Street

208

1

1

12-

$20c

—

(quar.)—,—t

Name of

^

of Rec.

Payable

$66c
$l>/2

(s-a)—
Tung-Sol Lamp Works Inc
—

12-. 1

—

*

Holders

When

.

share

<

,

(quar.)——

& Greenbush Assn.

Troy

1-20-43*

12-15

$1

—

Company

Trane

1-20-43*

$iy8
25c

—
—

-Seattle Gas

'*

11-28*

12-12

preferred

$4

Seaboard

'

12-12

15c

(quar.)__—

Paper Company

Scott

pfd.
pfd.

5y4%
6% 1st

Elevators,

Toronto

Per

....

Name of Company

Holders

When

Per

1

of Ree.

Payable

Share

of Company

Monday, November 23, 1942

CHRONICLE

THE COMMERCIAL & FINANCIAL

1824

.909090

.909090

.880833

Africa, pound,.
Uruguay, peso—
v.
>

.877083

.876875

.878958

3.227833

3.227833

3.227833

3.227833

3.980000

3.980000

3.980000

3.980000

3.980000

.658300*

;.

.527340*

.658300*

.658300*

.658300*

.658300*

.527340*

.658300*

.527340*

Controlled
Noncontrolled,.
•Nominal

.877500

3.227833

3.980000

pound

.877083

3.227833

Free,

.527340*

.527340*

.527340*

,

rate.

Capital Flotations In the United States During the Month of October
and for the Ten Months of the Calendar Year 1942

Corporate financing for the month of October was the
reported for any month this year, the total

smallest

amounting to only $46,280,000, as compared with $58,882,086 in September and $200,711,420 in October, 1941. It
is also the smallest total of any month since January,

purposes/The bulk of the month's corporate emissions
was made up of the
$30,205,000 Long Island Lighting 1st
Mtge. 3%% bonds series F, due 1972.
Another issue of
note

ZYd%

the $9,500,000 Alabama Great Southern RR.
bonds, awarded through the competitive route to

was

1939, when $16,312,232 was reported.

With the problem
assuming ever larger proportions
and banks and large institutional investors expected to
take a substantial portion of the many billions that must
be raised over the next several months, prospects for an

Salomon Bros.

of financing

first public offering of any railroad bond or note issue

upward trend in the capital issues market are regarded

slightly

as

the

war

slim.
Of

new

the

month's

total, $2,434,300

or

5.26%

was

for

capital and $43,845,700 or 94.74% was for refunding




&

Hutzler

and associate.

This

was

the

(exclusive of equipment issues) since October, 1941.

and the monthly average of

the

total
over

emissions

for

the

68.6%, comprising

month

four

$31,780,000

issues

was

or
ac¬

counted for through the private route.
This compares
with $14,765,000 or 25% of the total in September; $62,-

618,000 or 96.91% in August; $20,320,850

or

33.7% in July

or

30.3% for the

.Municipal issues for October aggregated $38,195,655,
$12,365,191
was
for refunding purposes.
These figures compare
with $33,626,671 for new money and $11,546,932 for re¬
funding purposes in October, 1941.
of which $25,830,464 was for new money and

Below

Of

$36,706,188

first six months of the year.

we

present

a

tabulation of figures since Janu¬

J940, showing the different monthly amounts of
corporate financing as revised to date. Further revisions
of the 1942 figures will undoubtedly be necessary from

ary,

time to
is

time, particularly as additional private financing

brought to light in annual reports and other places.

Volume

156

Number,4127

THE COMMERCIAL & FINANCIAL CHRONICLE

summary of corporate figures by months,

i. .

r

v.

*1942—

,

New Capital

Refunding

-

'$

January

—*

:

Total

>

$

New Capital; ;

4

$

82,846,364

;—

87,185,826

56,708,875

18,900,500

75,609,375

46,549,770

<227,012,100

78,585,120

39,209,300

117,794,420

86,634,370

115,287,655

.J—'

March-:

First

quarter

222,4*79,821

•
I

r

<140,956,164 ' 363,435,985

,

.

...

—

,

<97,114,003

May—

—1

.

103,091,600

!

June

Second

18,527,000

Total

-

October, including
brought out in that month.

kind

35,469,718

137,994,832

257,345,640

103,799,050

135,326,541

453,135,463

"566,136,731

31,527,491

804,100;237
——I

113,001,268

..

-

59,175,210

192,497,442

63,874,177

;

197,102,123

260,976,300

89,787,130

84,280,300

October, 1942

90,916,785

-113,390,374

204,307,159

194,260,627

-417,673,232

611,933,859

Long-Term

Bonds

138,513,000'

363,052,103

•

,9,771,328

101,476,480

111,247,808

158,733,668

378,254,222

536,987,890

,

months

499,512,854

226,975,234

'

'271,734,936

(Issues

Maturing

Later

railroads

$9,500,000 Alabama
;

*

'

380,373,444 1,035,660,652 1,416;034*,096

" 726,488,088

Notes

Than Five Years)

-

series

Six

and

174,067,430

86,019,070

any

Details of New Capital Flotations
During

251,672,652

108,898,100

61,685,570

of

'

.

1107,180,735146,650,400

76,827,430

issue

every

;173,464,550

211,341,581

201,922,025

1

give complete details of the capital flota¬

we

during

$

39,469,665

277,033,033

quarter.

$

115,641,003

5,806,500 "

;

Refunding

273,561,870 i 46,004,059

<4~

.

tions

.

$

328,616,342

617,987 420

186,112,817
„'

■

}

April—

275,687,665,

,52,928,677

--*1940

New Capital

*'•

$

—^

February

:

Total:

|

$

Below

-

-<

Refunding

$

170,032,190,

1942, 1941 and 1940

-*1941—-

♦

1825

99%

831,389,685 1,103,124,621

Great

A,

due

and

Southern

Nov.

1,

RR.

1967.

1st

3Vi%

mtge.

bonds

Purpose,

refunding.

Price,

Offered by Salomon Bros.

int.

& Hutzler,

Stroud

&

July

86,628,380

133,697,550

64,618,000

327,402,743

,

,74.427.157

401,829,900

30,436,500

58,882,086

34,264,713

j

161,391,300

195,656,013

69*173,850

183,729,412

408,736,626

'

322,446,837

731,183,463

27,509,976
58,600,000

6,018,000

—^—

28,445,586

quarter——„

114,555,562

—

-

September
Third

60,229,326

32,719,350

—

-

August

,

47,069,170

-

49,833,450

242,447,950

Co., Inc., White, Weld & Co., Wertheim & Co., Weeden
& Co.,
Auchincloss, Parker & Redpath and The RobinsonHumphrey Co* -

292,281,400

.

67,938,134

112,893,538

180,831,672

68,006,465

65,594,785

133,601,250

185,778,049

420,936,273

606,714,322

-

-

;

-

*$750,000 Brockton

months——

•—

'

2,434,300

„

^-

,

Fourth

qi1flrter.il..'

Twelve

:u

months—:—L

♦Revised..-'.'

-;

■

—-

y

..

789,110,070

:

•*.'

.

,269,880,963 ; 198,495,874

V-

f ',!

',

:
'

:

»

*

►

—^-1-^,058,991,033

:

•

'

;

*

;.'•!<

r

t
'

i

r'1.'1

•••

i,

-•••tii.'O.

.-

c-t »«.-•

t

»
■

•

Treasury, Financing In October

:

-

.

v

i

haVe

'

'

2,615,594,396,1

'r

>

i

v

'}

'

1

i

t

■?'", 1

j

*.

I

*

l

1.?

*

"

<

'

■

1

,

„

j

The October financing operations

alii records, more"

of the United States

i

—'—

|

,

5-

<

Co.,

.

B,-about
'-

: j'!.';

by the Treasury last month amounted to

•

about

C,

about

1.92% a
1.07*%*- "> •• v.

earn

i '

'• ! i 1 ;•'! •■'"<- :

i] ! { !';use of'funds

'.

■

-

<

I ■' 'j
»

the Treasury sold

and-series

A

V

|

;

j

I < S

,

<

:

I*

.

1-"' '■

'■

>

i

:t

t

■

1

-

*

;

•

;

Type of

:

Dfltedi

;

;

in October $2,035,131,000

Total first

6

Total Amount

j

.

,<

;':;-:^.; Acjcepted

Security

•• <*•
191

%% Treasury Certificates of Indebtedness dated Nov. 2,

.*

,

-

301,758,000

day Treas, bills

300,056,000

its weekly

July 15

91

day Treas. bills

301,186,000

150,073,000

Treasury bill offering from $350,000,000 to $400,000,000

July 22

in

91

day Treas.

bills

351,861,000

150,058,P00

91

day Treas. bills

'350,308,000

150,125,000

2%

bonds-

2,097,279,400

U.

Savings bds.

915,112,618

Treas.

July
JUly

Depositary

Treasury notes and $1,960,783,000 from the sale of 2%

July

Tax

''

Treasury "bonds.

'<

-

Total

"j

;* ;

1

Aug

$942,155,457,'

although

the

sale

of tax

bonds-

anti'n.

:

•

Under the circumstances it is

5,007,96b,918

450,256,000

*425,000

352,511,000

150,400,000

day Treas. bills

91

day Treas. bills

350,648,000

250,692,000

91 day Treas

bills

V 352,409,000

251,726,000

$921,352,300.

91

2V2%

5

day Treas. bills

352,883,000

.

Treas. bonds

1,236,107,300

♦

of

indebted.

1,^09,327,000

Savings bds.

" Y05,498,769

Aug

Depositary-.,bonds-

7,031,000

Oct. 31, 1941, the gross pub¬
;

*

;

f:

Aug.*

1

;

1

-

i

$825,000

(Preferred
,

:

Date

Offered

Dated

Amount

.

antic'n;

Tax

C.)

Williams

/
Total

first

,

months——i,..—

6

V..'.

19,369,446,427

i..

Sep

"

Price

Accepted

{.

,

.

'

••

stocks

'

•

417,944,100

903,754,000

Stop

350,874,000

251,301,000

Price,

99,573,000

417,944,100

„

July

1:

July

July

8

I

91 days

91 days

3

,

99.909

001,758,000

671,366,000

;9

91

day Treas.

bills

351,288,000

300,380,000

$50

holders.
to

day Treas. bills

402,059,000

300,993,000

101,066,000

%

Sep

23

91

day Treas.

400,037,000

301,249,000

98.788,000

91

day Treas. bills

bills

-

Sep 30

"

21

Sep

Sep 25

*0.365*;

Ctfs.
1 Va %

July. 15

91 days

650,704,000

301,186,000

-

99.908

Treas;

91 days

' 697,266,000

351,861,000

,

99.907

*0.368

July 24

July 29

j91days

645,242,000

350,308,000

99.907

July 15

9% yrs

3,849,495,500

1 10-12 yrs

915,112,618

U. S, Savings bds.

8

July 1-31 July

July 1-31 July

1

Total

12 years

1

July 1-31 July

f

>

-

Depositary

..

Tax

2 years

t

Aug 14

Aug 19

388,179,900 100

fe ;.y

Aug 26

91 days :

;
!

761,936,949

,

352,51i;000

594,007,000

350,648,000- 99:905'^ *0.372

352,409,000; 99.906

891,602,000

99.906

May

5 20-25 yrs

1,236,107,300

1,236,107.300 100

Aug

6

Aug 15. 11 Va mos

3,272,818,000

10-12 yrs

<-705,498,769

1

Aug 1-31 Aug
Aug 1-31 Aug
Total

Aug 28

2 years:

1

705,498,769

7,031,000 /

12 years

8

Oct

0.369

;

Oct

j

Oct

2'/a

5,384,359,169

872,936,000

91 days

2

Sep

.

by

ay

t

400,438,000

301,186,000

Treas.

<l1/2%

Jl ,'U.
■

J I

S.

505,072,000

351,862,000

notes

-Depositary

.942,155,457

bonds.

*:

;Tax antic'n.- notes

7,870,000

■

7,782,666,357

.

•

T'

<

-

i

.<

j

[ ♦ *;

.

;'*..

6,479,254,357

-

•

.

Issued

;•

,

!

Co.,

of

The

Co.

&

Co.,

stock

Co.

Credit

M.

H.

Lincoln,

Neb.,

&

Co.,

Co.

Agency Issues

Banks

consolidated

deben¬

0.70%, due April
2,

Aug.

by

1943.

Charles

1,

Purpose,
F.

Dunn,

'

,

12,724

Price,

shares

$104

8,000

shares

of

share:

per

Tire

-

&

par).

•

-

of

$11%

capital

stock

$22%

per

$25)>
Webber,

of

stock

common

share.

Offered

by

,•*

5,000

shares

share.

per

Smith

(par

'yk
Co.

stock

with

with'Paine,

22,20<X shares

Rubber

Price,

of

*

common

.

(par
Paine,

.

Originated

Originated

Co.

•

stock

with

.

shares

share.

by

.

common

r

,

(approx.)
■

preferred

Offered

Originated

20,500
per

shares

Fuller

6%

of

share,

per

■;

Inc.

28,000

Price

(no

Co.,

Cruttenden

Milwaukee

Co.

$64%

A.)

Higginson

-Net Issued

stock¬

offered

and

&

of

Co.

1942;, $10,925,000

America

&

Can

$1).

refunding

common

Shields

Trust

Dann

and

2.

$100)*-

Price,

113,750 Goodyear

y

.; • i-'v.:-:

•

Retired

Co.

Barney

(George

to

($2,315,300).

Representing New Financing

Wertheim & Co.

V^y-yy!:*

etc*

underwritten

&

First

Price, ; $13% p^r share.
Jackson & Curtis.
_■

255,300

;

9,451,406,600 34,807,627,270

r *intra-governmen,t, financing

j pto

Nov.

(Par

(par

;*0.367 :

Co.

(no par). Price, $15%
Barney & Co.

•

stock
*
'

cumulative

Purpose,

Offered

portion

Weld

6%

of

$50)-.
capital,

$19,720,000 0.85%, due
refunding.
Price, par.
Offered
New York, fiscal agent.

1517,750 Crane

921,352,300

1,303,412,000

Total .for . 10 . months—— 44,259,033,870

;

i

■

,

!

___J

b

350,874,000. 99.907

-

7,870,000

-

^

921,352,300-

;

while

par,

common

.

shares

■

and

$25).

at

of

'!

(par

and.dlv.

Common,
&

1320,310 Congoleum-Nairn,
-

.

classes

Webber, Jackson & Curtis.

2,139,892,600

942,155,457: .1

Savings; bds.

y

y.•

1,960,785,000

,

1

2,139,892,600

50,000

Inc.,

taken'

are

working

Intermediate

dated

1*518,000 American

154,221,000

bonds—1,960,785,000

Treas!

Vletor,

Smith

;

153,210,000

350,308,000

;

MANUFACTURING

stock

share

Co.,

stock

•yy

504,529,000

,

Corp,

White,

Masten

$1,272,400 Aluminum

99,252,000

To^al for October—i.—_

!

a
2

■<

.

bills

4V2% bond, due
privately with an

Chanute, Loughridge & Co., McDonald-Coolidge

Issues Not

%

417,944,100 100

August—1—J.L——<

for

\

2%

y

100,516,000

day Treas.' bills

8

1943

5,258,919,999

300,056,000

day Treas. bills

*0.372 ;

7,031,000 100

417,944,100

1,455,681,000

91

E.

tures,

5,910,000

400,572,000

day Treas.

15-year

Farm Loan and Government

929,302,650

6,714,600,999

91

Oct

i —__1__
____-

Co.r

Nut

AND

additions,

and

$30,645,000 Federal

761,936,949

i

(

bilis

day Treas.

91

&

1,606,178,400

September:.!—

91

16

Oct

,

929,302,650

23

•

1,609,327,000 100

.

7

for

notes

Oct

*0.372

352,883,000 : 99.907

-

3

;

Placed

99,530,000

'

—^

.

' §,910,000

bonds-

antic'n.

Oct

.

Aug

2

Oct

2

582,900,000

91 days

Aug 1-31 Aug ' 1

Oct

711,549,000

.

91 days

Aug 21

Total

a

2,220,000 100

388,179,900;

5,. 91 days

Aug

2

,

a

—.—:~r—5,007,960,918

July

Aug 12

Aug

915,112,618

2,220,000

,

7

July 31

2,097,279,400 100

-

,

Inc.

value

Unsubscribed

public

A.

1,505,727,000

.

1,606,178,400

*0.369

July

Sep ;1

301,758,000

1,505,727,000

notes

Sep

*0.365

July 22

401,288,000

indebted.;

of

Sep

July 10

July 17

Life

; ;

par

preferred
per

Bosworth,

50,908,000

91

*0.360

300,056,000- 99.908

646,058,000

day Treas. bills

16

.

Jun 26

91

stated

a

INDUSTRIAL

$2,500,000 Elastic

4,480,605,169

*^.j

Sep

•

England

Mutual

.

no par value add all
their offering prices.)

($184,700),

5,384,359,169

"

of

at

convertible

Sep

'•

•

New

y

7,03i,000

—

Co.,

refunding.

investor.

y'

•

705,498,769

>

.

notes

2

&

Purpose,

OTHER

lf609,327,000

:

:

computed

1,236,107,300

Yield

Amount

.

Applied for

Due

:

1942

FINANCING DURING

:

'

preferred stocks of

4

101,947,000

'fori AugUS!tJ---l_L

'

Total

S.

(R.

Byllesby
TREASURY

STATES

UNITED

Cahada*

Connecticut

Stocks

99,956,000

-

U.

$53,584,047,871.

Of

and

Paper Corp.- mortgage "loan,1 due May 1, 1954.
refunding.
Sold
privately- to
Equitable
Life
Society of the U, S.
;

Institutional

100,683,000

"

250,936,000

Ctfs.

lic debt

was

Aug 26

Aug Jl

year ago on

1

' 202,111,000

91

Aug 15

A

Co.

Co.

•

'

serially.

388,179,900

surprise to find that

903,813,732.

Assurance

Insurance

Co.

Assurance

4,557,704,918

Oct. 31, 1942, amounted to $92,-

no

Han-

Life As-

Purpose,

■

,•

2,220,000

388,179,900

.5

May

the gross public debt on

John

Bond & Goodwin, Inc.

| *$400,000 Eaton

/ 915,112,618

'

2,220,000

notes

Aug 19

anticipation

somewhat smaller, amounting to

Co.,

Equitable

OTHER INDUSTRIAL AND MANUFACTURING

2,097,279,400

L„_—_

July-

y

are

notes was

The

"

200,183,000

;

Aug 12

Sales of War Savings Bonds were lairger, amounting
to

S,

.

300,056,000

July 29

October, $2,-

year

301,758,000

July 15

$500,000,-

2 months 1M>%

from the sale of 4

Insurance

Co.,

Weeks

201,803,000

was

Life

Insurance

Rollins' &

151,113,000

Of the total amount raised

&

outstanding bonds. Price, 10O and int. Offered by E. H.
Sons, Inc., Eastman, Dillon & Co., Whiting,
& Stubbs, Inc., Stroud & Co., Inc., Graham, Par¬
sons
& Co., Btddle, Whelen & Co., Boenning & Co. and

;

day Trea's.'bills

139,892,600

Bond

$2,200,000 Lukcns Steel Co. 4%% sinking fund debentures, due June
<
1. 1952. Purplose, discharge bank loan obtained to refund

5,338,303,600 3 4,031,142,827

91

000 each.

im-

and

.

V !

<

/'"'V

months.-w_r 19,369,446,427'

91

and the last two offerings in October were for

refunding

by

IRON, STEEL, COAL, COPPER, ETC.

indebtedness

1

here in tabular form next

Treasury in September raised

Offered

100.

1

New

»•••«.

.:

Refunding

8

be reported

Life

'-'M '! !

$31,255,000

July

will

The

month.

Mutual

Life

Life

Insurance

•

July

1942 which

Sun

Mutual

•

•

sinking fund

additions

Society of the \ United States,, Massachusetts
Mutual Life Insurance Co., Mutual Benefit Life Insurance
Co.,

:•

•

'

-

Price,

4%

Purpose,

surance

series
i

year,

1962.

($44,000),

*

capital.

new

was

?

-

■

$7,782,666,357 of which $6,479,254,357

Series

i

■

The

single month.'

0.48%

C-1945.

1st mtge.

1,

loans,

($75,000)'.

Mutual

,

^

Sept.

bank

Northwestern

cock

r—

1

" i ;*

i

B,' due
pay

Goodwin, Inc. and H. M. Payson & Co.

*

a

A-1945-and; series

having""been i

money

raised in October than in any other

In addition

Investors,

*30,205,000 Long Island Lighting Co. 1st mtge. 3%% bonds, series F,
due July 1, 1972.
Purpose, refunding.
Sold privately to
Metropolitan Life Insurance Co., New York Life Insurance

773,869,098 1,052,738,895

—I

y.

series

provements

■

i

j. i

,

:

■

; *;■:■

<

I

'

bonds

series

amount raised

1,

($181,000),

736,382,782 2,026,195,056 2,762,577,838

j • •*'

'

'
t"

11

278,869,797

-

'

-

12-year maturity,' are sold at' 100," and bear 2V2% interest,
Comprised of;. six^ separate issues, designated Treasury notes of tax
A-1943, tax series B-1943,. series A-1944, series B-1944, series

b

.

'

i

I

4

'■

■,

1 *;■:';

<
'i

1

468,376,837;

-

1,556,603,363

'

;

-

"

Treasury broke

Light Co. 10-year 4%
(registered) notes»
1952,
Purpose, refunding.
Sold privately to

institutional

1,709,838,943

- ; 46,280,000
^ 103,661,200 | <97,050,2201 ;20oj711;42O ^47,728,100
345,346*770 *393.074,870
i;.': !—89,427,250 y 42,384,100; 131,811,350 : 168,943,139. ' 93,942,646 :262,885,785
L——i
—76,792,513 } 59,061,554- 135,854,067 I 62,198,558 334,579,682 396,778,240

—r

.

jl,252,325,958

457,512,985

_

-

L——-

■'

V'

2^147!,217,559 I

1,358,107,489;

43,845,700 >

;

.

December

910.217,500'

*

Nov.

two

300,000 Casco Bay, Light & Power Co.

~

October

November

1296,149,084

614,068*416-•

Gas

due
.

Nine

PUBLIC UTILITIES

;

of

common

Offered

by

Corp.

Lee
.

:

M*

Sep

2

9

Sep

709,828,000 "

91 days

Sep 11

Sep

16

91 days

Sep 18

Sep 23

30

91 days

Sep 25

Sep

Sep 10

.

;

!

;,*

*0.368

402,059,000

.

795,564,000

Sep 21 7 m 9 dys

99,907

725,763,000

99.907

*0.369/

400,037,000

882,351,000

91 days

351,288,000

99.906

*0.370

< 401,288,000 V'99.906?; *0.373

1,992,483,000

-

:

1,505,727,000 .100

1

2% yrs' 3,636,638,900

25

Sep

10

10-12 yrs
12 years

5,910,000

Sep 1-30 Sep

2 years

Sep 1-30 Sep
.

Total

.

,

.

\

—1

!

400,438,000

99.906

*0.373;

<505,072,000

99.906

,*0.373

,504,529.000

99.906

7

Oct

14

91 days

713,102,000

91 days

Oct
Oct
Oct

8

8

19

Oct
Jun

Oct

5

1-30 Oct

4 yrs 2 m

-984,842,000

12 years
,

2 years

-

893,167,000

1,960,785,000

1,960,785,000

t

'

100

<

2,139,892,600, 2,139,892,600 100

i

10-12 yrs

1-30 Oct

Oct

8-10 yrs

.1

1-30 Oct

*

942,155,457

942,155,457

7*870,000'

•

!

921,352,300

October

2
•

a

Total

for

10 -months.—:

22.850,000

235,490,000-:

;

'

')

:

.

'

series,

August'

193,655,000

^_i_*r

7,870,000 100

.

Total

y

j

; /

:

•

184,900,000

)

--*27,391,000

*

56,146,000

137,509,000

;

6 920 000

•

Notes

7,782,666,357

li.L

—

L—l—J—!'——!_!

Total

2

-

b

Total

|

;

'
•

j
>' - ;
43,000,000

'!59,686,000

'

•

October
10

240,244^000

i

Civil

notes

to

Federal

Old Age

oh -k bank discount basis,

,

Price;

Col 5,000 shares of

(par $1). Price,; $8% per ishare.
Lineni

Service

(no

par).

Corpl

19,140

Price,

stock

common

Offered by Allen & Co.

$27

shares

of

common

share.

per

Offered

Co.

i

.

•

.

-

*

Diego- Gas & Electric Co'. 10,000 shares of preferred
stock
(par
$20);.
Price,; $24
per
share.
Offered
by
& Co., Inc.

Blyth

!

549,600 frion

.

(par
&

,

'

1

<

5,090,000
'

22,071,000

<

-

37,910,000

37i614,000

102,685,000

Service

per

276,309 National Linen Service Corp. 2,791 shares of $7 preferred
stock
(no par). Price* $99 per share.
Offered by Allen
& Co.
<
j- ■ ; !

247,164,000

42,818,000

27,161,000

!

.

75,524,000

5,589,107,000

months

$67

200,000 San

,10,080,000 '
,
32,738,000 ;

3,985,811,000

1,603,296,000.

^Comprises sales of special series certificates and notes; certificates
sold to-Adjusted Service Certificates Fund and
Unemployed Trust Fund,
and

44,259,033,870

j

■,,{....*

20,374

by Allen &

-

•

•

September LuJ-i-L289,982,000!

Co. s of
.

(Vtc.) : stojck

:

100,000
56,046,000

.

Tea

America.

516,996 National

t

s

*

:

!

272,982,000 j

Certificates

"l%...|

}

117,000,000-

October—

!

•

.

_T_—;

Nojies j

;

•'-»;«

;;

of which series




•

.

and Survivors Insurance

Trust-Account'
Retirement
Fund'

Retirement
Fund,
Foreign. Service
a Comprised of. three sepa¬
Canal Zone Retirement Fund,: Alaska
Railroad Retirement Fund Postal
E have 10-year maturity, are sold on a
Savings System, Government-Life ; Insurance Fund,* National Service
discount basis at 75, and yield 2.90fa ;■ series F have a 12-year niatur-.: .Life Insurance Fund,
Federal
Deposit Insurance Corporation
and
Federal Savings & Loan Insurance
ity, are sold on a discount basis, at 74, and yield 2.53% ; and series G
Corporation.

•Average rate

rate

;

239,815,000.'

!

.

Pacific

of

43,125 National Cylinder Gas

216,965,000

<28,675,000 '

j
165,000,000
—28,655,000

-

•

&

non-voting common stock
(no
par).
share. Offered by Smith Barney & Co.

sha,res

"903,284,000
,<

Atlantic

"

10,150,000
18,525,000

;

'•

,1,365,058 Great

:.$

■ I

a

921,352,300 100

——

i

—

September—

,

for

■

*'

3,831,011,000
'

33,000,000

268,490,000!
>

*

i>—

Certificates

'

Total

$

*0.373 i

Oat

91 days

Total

-

I

' 400,572,000

21

.

J

773,618,000

Oct

1, ,

r:

91 days

Oct 28

,

*0.i69

7

16

,

|
4,734,295,000

b

>

.

V

'

Notes—

99.907.

Oct

23

.

'

total July
August—
Certificates

' '

2

'

.

-

I-!-—-

lVi/ 1
a

6,714,600,999

2

Oct

■

'

a

929,302,650 100
ia

Oct

Oct

:

5,910,000 100

929,302,650

.

September

for

761,936,949

,

July—• ' k

0.65, '!

1,606,178,400 100,

761,936,949

j

Certificates ;'
Notes

■

Sep

Sep 1-30 Sep

•

Total first 6 months—

Co.

5,496 shares of,7,%.
Price, $100 ;per

R.

S.

In
we

the

Dickson

&

share.

Co.,

Offered

by

Kirchofer

Inc.,

&

stock
Courts

Arnold,

Inc.,

Milhous, tGaines & Mayes, Inc.,
Wyatt, Neal
Waggoner, -Brooke,
Tindall - & Co.,
J.
H.
Hilsman
Co., Inc., The Robinson-Humphrey Co. and Clement
Evans & Co., Inc,
\

$5,948,598
,*Indicates

cumulative preferred

$100):

Co.,

•

-

issues

placed

privately. Vindicates

comprehensive tables

compare

the

October and the

with

those

years

preceding, thus affording

for

on

the

corresponding
a

&
&

A,

'

special

offerings.

the following pages
ten

months'

periods

in

figures

the

four

five-year comparison.

Total

30 ,0 1,950, 0 718,754

$

35,190
$

35,190

Refundig 259768 90 10,To0", ~ i2~o76 12,870

32,860 105,6719 76,183-

531,254

Refundi g 273,0589

-1938

4,o6"76 i754o76 50, 0

32,860 2,18,10

279,~650 1

59,2804

$

-1938

30 ,0

450, 0

30 ,0 0

273,0589

$

Total

718,754

531,254

28o7i" 6

531,254

4718,754 30 ,0 1,540, 0 50, 0 1,50 0

38,1574

259768",90

1,50 , 0 2,6 8,754

17631,254 ~"l2o76o 12,870

274,314

'

—

New

Total

17,240

CNaepitwl 1194,8,5700
510,9 0 102,986 71462,,91007528

Total

35,180 23758,40 16,35470

Refundi g 31,650 137651,40
S

-1940

3126257380749,,1,49574.8630

13,85 62 3720,75 3,274,59

New

6,40,0 840,6 5 6725~0",6

235,09 0 10,3 264 1,50 0

42,925

*'

Capitl

9,20,0

Refundi g 147,"05l 18

3,40,0 ~ 729^420 6725"o76
3,0 ,0 "1 0,580

4 ,720

Capitl 21,530

40,37 2

Total

$

146,27 0 3.50,0 50,935,420

Refundig 96,250 80 , 0

-198

"

50.2,780 2.70 0 50,93 420

Capitl

New

Capitl

•

Total

43,780 2,50,0

Refundig 43,610

38,4019

FCORRPEIGANT,

-1942

1 9,0

2*315,0

Capitl

$

28,05 0 79,6357 453,160 43

OSUMFARY

Capitl

ONGARENUFWPID

Grand

Can dian

3742795 "7297420 67250,

L718

531*250

15,280 4,093 0

"

157,4 063

~

67O~57",05 "Tf0758O — 3,42 59 20,9736

3,42 59 6,481,534 9,20,0 1,50,28

'

—

10.478,0 126973028", 1709 780 7,98",50 39,83 70 65,81 0 213, 840 5,0 47,28190 51,6O 1,09,780 9,487.50 39,0748
r

427. 50

148,10

8,67,350

47591,02

1.80,50

15,73^10 1709 ,780 7,59750 26,197 50 15,280 5,894,05 16728,420 148710 1,09,780 9,05 70 47,2810
50.814, 5

"~42~7", 50 13,69 120 50, 80 207,34 50 5,0 31,5970 "36 ,90

345, 670

~

"

-t-4,

10, 0 146,27 0

921,275

340, 0 2,056 0
4,0 0
Refundig 73,85 20 15,960

96,250

80 ,0

21,390 6,1870 750.0 1,540 460.0 214,0 10, 0 50,2*780

12 ,275

Total

750, 0

25.39,0 79, 70 27,150

$

1-194

Capit l

2,70 , 0 54, 35420 25,390 80,98275 750. 0 7,96415 80 , 0 ! 2, 70, 0 _ 12,70 0

20,71420

80 , 0 4,0 ,0 74,65820 15,960 340, 0 2,056,0 _ 97,05 20

;

50,814 5

2,70 0 53,65420 21,39.0 6,240 5 750, 0 61,98 45 460, 0 214.0 _

12,70 103,6 20

New

*

$

Total

9,50 0 31,25 0 2, 0 , 0

825,0

2,50 , 0

43,780

"

:

2,50 , 0 9,50 , 0 31.25 0 2,0 0 3,25,0

46,280
'

._

9,50,0 2,0,0
Refundi g 31, 60
S

-1041

$

Capit l

825,0

184,70

43,610

_

•

1 9,0

~Ti9~6 6

-

'184,70 9,50,0 31, 6.0 2; 1,0970
,0

2,315,30

1 9,0

2,315,30

43,8570

-

—_ 2,43 , 0

2,315 0

—

...

New

fubSndats.oneyid OCTBER Notaesn-d:;- _ecot:p.-r,manuf acesoriand-mu.fctrig etcr,:-— _—htroealdtcin.g, Nolteas—nd.' ecto-.p._—r,manufcrslL acesori!-?manuafctrig-^nd ^etcl_,-';'—:„__fJ—>httrraoduinlgsd,in,g:*.ct,e"•— 1e—cto•pr,.~manuf-aceso_rimaanufctring—-d 1etjc.-' —_htroealdtcin.g,: cetco._—per,!mnuft acesori.—_::maanunfcdtrig etc_. , —:hterSoflstdTcina.g,1 securit
i_ ls.;

OCTBER bonanodntessd.; 1 bonnaodtesds :stock . bonanodteds$ stock 1 corpa.te Governmt-.forgeoviegrnmntLGeaaavnncdie,s^MS&utnaictpeasl,,SPostaeien-s. toal. fdiingnculurooedset
Other

3,057 5

17, 459

~

147,05

80 ,0 0 2, 70, 0

$

CHAR TE

25,83046 28,647

Total

42,925

975O 76O 84O76O 67250, 3,42,459

New

3,62 71 137,28 1

43,8570 30,6450 12,365*19 86,5 891

OF Long-term Short-em Prefstrocekd Comstocokn Long-term Short-em Pr!efred Comstocokn. Long-termShort-em_Pref'■red Comstocokn
Corpate— Domestic- Candian- foreign-




$

257,08

MONTH

42,925

3,42 59 6,524, 59 9,20,0 148,570

1,50 0 21,530

*

34,82 0 45,17360 280,7 023

2,43 0

3,10,0

17,24*0

_

31,650

Refundi g 50, 80 198,6570 5,0 0 26,58750 36 ,90
S

-1940

12,09 97,3860

New

26741", 0 3708750 30,0 1,420 37,130 1,50 0 63,92160

1,50 , 0 2,137,50

-

65,810 20,75 0 5,0 27,10 0 "515,0 0 1750, 0 35,18 0

s

Total

46,280 30,6450 38,1956 15,2065

184,70

$

187,50

New

140, 90 17,4218 710,356 1

103,6 20

9,20,0 1,50 28

$

97,05 20 34,82 0 1,546932 143, 9152

$

-194

"

$'

275,860 42,17695

34250,47,6,727181004

,.

New

450, 0

'1

13,85 62

Total

FGtFovefhdrranommgunaicpl.lyesOYMFTSCEIIUSTCVHANAONRRBIHPERSEAD
OFYTMCLFFEIINGOHAVAAVBURREERCSNMGPDT,
9*87,0 16,32075

s

30 ,0 0

30, 0

157,4318

52,480 59 1,50,0

$

$

61,48 10

1,42

37250",60 3,274, 59

$

Refundig 157,431 8

-193

2,90,0 555 37,1 0
a

-•

Capitl

61,48 10 30,0 1,950 187,50

$

Other Farm United

^These

MOFNO TH

Bonds coal, industral buildngs, —: tInrvuesstmn,Miscelanous SBhoortn-Tdesm Railroad_1s: utiles sctoeall,,Equipment and industral buildngs, Shipng' Investmn Miscelanous Stocks—- Railrods-'.:; utiles sctoeall,,Equipment and industral buildngs, __ tInrvuestsmn,Miscelanous Railrods utiles sctoeall,,Equipment and industral buildngs, . Investmn Miscelanous corpate

Long-Term Railrods Puutiblleics Irsoten,l, Equipment Maotndrs

Total

Total

• Ship ng

Other Land, Rub er
Oil

Public Iron, Motors Other Land, Rub er

Total

"

Public Iron, Motors Other Land, Rub er Ship ing

Total-

Total

Public Iron, Motors Other Land, Rub er Ship ing
Oil

x

£
G

C

3

o

e

Gi

w

o

o

w

o

>

2

>

>

o

n

SI

3

en

X

X

o

n

X

C

fcj

cr

'<

S3

tr*

>—<

tv?

<"D

I—(

tH

t-H

00

*-4
t-O

Total

S

1,63952

62,50

6,30. 0 3,05 2 10,537021

1,69248

Refundi g 917,80 5 2,758,0 1,20,80 531,254
62,50

721, 1,0 3.542.0 34,85245 10, 576

$

Capitl
-New

70,18302

$

25,930 9 ,10 85 153,07 129,60 21,0 0 18,6950 95,0 0 o. o 2,790, 0

2,0 3,0 750, 0

150, 0 1,40 , 0

2.0 ,0 6,30 , 0

890, 0

750, 0

120, 0 21 ,0 0

1,67 .0 2,758,0

30,0 0

1, 89,0

32 ,0

9,0 ,0

Tee
4

92,3069 623.47,0 108, 49

$

-1938

1,049 7,0

'Tota•l

80,62 5 5,236,0

Rcfundi g$ 10, 0 760,389 5 4,52,0 38.91,825 32,689305 12,47860 57,82 0

-1938

10 ,0 3,9 4,520

46,5475 25,930 1,0541,620 15,6239 16,09372 13,26 50 18,6950 95,0 0 5,10,0 8,74,520

20,30

1,734,054 10, 0 760,389 5 5,302, 0 40.815,79 32,90 35 12.47860 57,82 0 2,587,30

10 ,0 3,964,2 0

15,93.0 245,06175 150,329 125,937 180,362195 5,690. 0 37,1 0 LlO .O 6,187,20

52,0 0 78,10 13,6 10 2,0 ,0 27680,6 60,27 016 1,275,0 10 ,0 213,90 1,35481

213,90
10,730 1,29740 106.5,0 3,90,0 2,680, 0 123.04,16 27,350 10,950 21705, 0 129,50481

1,73,754

*-

'■

425,80 691,78316 5,236,0

3,541,25 1,36,92 36,79 32 862,50

15,9.30 239.50,34 148,950 90,178 5 178,30695 5,690. 37,130 -470, 1,90,0
10,573;b0 984,0630 103,5 0 3,90,0 82769720 217,09 i0,95,0 21,050 65,7 0

Capit l
New

2,0 ,0

9,50,0 7,260, 0 5 0, 0

3,542,0

3,541, 25 1,36 ,92 35,08 613 862,50

-

V

902,417 325 5,60419 1,950, 0

1,4893 50 78,10 149,3 40 60,13057 79,50 0

Total

Refundi g 1,24 6917 74,30 127,69* 35 ,18 79,50. 0

Capit l 245.138 4.510, 0 21,63148 59,7689

•

67,50b
11,,582567009397 1,492680,35

59,20 924,30 795,64 95 450,0
31,046

-

—10:9-

To•tal

^

' 1*~

8,250 . 160.4,7 1,50,0

$

*

*
*

$
■

New

198 L- Refundi' g

31. 80 937,24.98 94,0 0 27,0 ;6i 16,72653 6.23,420 19,05 0 45,92.0

$

91,6738052 31,2053,00
9,50

!

Capit l 69,4350 . 46,371 2 8,60.0 3,90,0 3574*2,18 5,374 3,871580 2,0 ,0 19,850
-

$

NeW

I

.

1,73225618,907

5,80 9lbo,

1,460, 0 5 0, 0 7 .7 1- 1

74,30 0 126,47 96 40371 3

1,53,571

40,6380 94,0 0 27,435129 170,2653 6,23,420 19,05 0 97,460571
1,06972, 4

5,468,304 2,0 ,0 27680, 6 59.863,90 1,275,0 10 ,0 213,90 9,7 9, 10

69,435.0 53.29,67 1,50 3,90,0 2,680, 0 95,60 87 56,48 7 3,971.580 213,90 0 0 32,19 10

~

4,510, 0

27000

94,9206 7210,6384
23\,217,5514908•9134,5647602.68 ISSTFMTOEUF3YNNHAHICIDEVARERTDSS
GFLFAOTMMEI3OVNFUYENAHRCINDCVMA1RDPTRGSTS., 9815,2614,,5243^570976403889 ftFrmGahoeuongivdcprlnmeaysl.
!

Total

lb-

-1!)

68,5390 953,68243 5,325,0

Refundi g 1,4905.37 24,5610 120,839 6 3,26 92

269,8320 382,49 8 3,20.0

378,20.93 1,0 0 50,61794 65,34861

418,70 571.68,254 2,150

2,05419,70 37,540 185,230 5 74,245

4,0 ,0 495,32719 1,50 , 0

T:to al

4,0 .0 640,135 0 16, 5628

Refundi g 107, 50 824,6 20 62,40 3,498,0 128736517 74,5620 27,069 0 4,60 0 57,28 95

'

Capit l

s

$

New

Total

-I

802,380
Refundi g 1,3249 632 18, 965 10,59732

Capit l

S

New

Total

$

725,06. 8 18,67253 74,60593 73,92 074

1,25.60,

421,875

815, 350 2,0,0 107,2580 30,89 467

-■
-1042 Refundi g 3 .0,9 72 0 1,0 ,60 5,304,924 2,692,570
i'■ •.;
'

CFOORRPEIGANT,

SOUM AFRY

New

'.

Refundi g 21,503.62 680,13 90 31,50 73,547 35 105, 0 7,50,20 49,67930
'•

New

-

421,875

48,506 1,20,0 10,82 4 28,05897

.

'

s

'•

30,8210 1,5 390, 69,250 6,938,0 17,312780 125,97.0 28,720 50, .0

250, 0

•

—19 1

50 ,0

73,950 325,980 4

11,,2484597,01563.3708

Capitl 108,56398 93,6297 5,70 0 6,250 40.827 65 1,80 1,07,80 —1,350 109,38270 378,2093
$

24,2,4780016958336198
GONCROREUPPFWIATE

1,80427

360,950 162,4387 86;23, 671

.

-

-

S

1910-

i

5O 7O

^

..

Capitl

$
•*

$

3 ,7 091 1,50,0

43,60 48,17

$

$

Total

1,892735,0

S

Oil-

30.9,0 73.49,0 317,05 6,250, 0 14,37506 17,30 8,513,0 1,350, 0 158, 0

1,827 6.30 35,710 17,45190 68,1532

$

39,478 and

l6,~21o7QO

250, 0
Capit l *'<£.■»r 23,160 326,9 680 6,850. 03,40, 0 53,986^23 51,43.0 ,1,203,0 5,40,0 52791,05

*:

New

•-

-

4

-

1

5,0 ,0 910, 0

2,61,0 14,0 0

35,710 106,834910 1,935,0 5.40,0 73,89564 875,0 0 i740 ,o6 3,629,780 46,09 159

35,09 0 831,2 10 318,90 6,250. 0 5,40.0 190,3.64 132.75,0 8,513,0 1,40,0 3,629780 1,350, 0 217,946159

5,0 ,0

2,561,0 14,0 0

24,5610 79,*34 ,269 1,306,0 27,04123 1,530, 0 14,879 57

26,503 2 759,480172 31,50 1,30670 103,4967 19,50 7,50,20 1,53O7 O 67,3478

910, 0

10 , 0

1,0 27^485,61 1,9350 4709, 0 46,85 32 875,0 1,40 2,09 780

3,50 , 0 2,350, 0 7,0 ,0

204,50

5,0,0 9 0, 0 7,0 ,0
1~,36075

725,06 8

.

17,25803 18,67253 21,8204 10,982 0

2,0,0

2, 0 , 0

1,0 ,0

1,0 ,0 224ll720",

■

/- r

40 ,0

Refundig 15,4 850 243,61980 2,0,0 45,963 4019,825,0 3.42,50
"

CAHARNTDE

5,241965

Capitl 29,10
New

'

18,6.20 2,0 0 3,0 ,0
;

204,1360 108,37450 2,015 0

95,0 0

815,30

250,

16,4278

48,367890 62, 1065 15,0 0 2,53,20 9,21,875
2,87 ,270

149,3782

13,205 923,78615 69,40 0 3,498,0 136,507 4 74,5620 27,069 0 4,60 0 62,53086

-

*

It)

231,.51202,58,693770446709898
12142801,53,269360,9,54747
36,210 1,273 54,89 76,250, 06,93 ,0 301,530725125,97 0 28,72,0 50, 0, 0

—

2,054197 183,7,596450 981,391,553 131,024,057957

1,3249.6

~~

1!

10^,

54,50

4,20 0
Total 4,6580 361,78 0 3.0 ,0 25O71 ,0 128,30 5,4750 95,0 1087200*,

'

31,260

16,427,827

2,50O76

150, 0

108,5639 12,75803 7,640 6.250, 4.09, 0 87;1,697 12,6750 1,0780 1,40. 2,0978 i.350, 0 150,98372

250, 0
23,16.0 349,68720 6,850, 0 3,40, 0 15658,02387 51.43,0 1,203,0 5,40,0 867*0 967

1,45709
113488,4,59626507

892,710

9576 6
4,6580 410,5 890 4,20,0 3,0 ,0 312,79605 145,0 5,47,50 2,53,20 28,1 875 956,4750

4.0 ,0 7,9 7,49

5,4 850 24,7024 2,0,0 48, 091 20,95.0 3,42,50

4, 0 , 0

"3

30,972

1,20 0

1780, 48,5 06

1,20 , 0

95,0 0
47,2 6 59,743 95 15,0 0 2,53 20 5,921875 130,4865 29,10 165,4 86 2,0 0 3,0 0 263795,1 124,57 0 2,015,0 2,53 20 23,7185

39,478

31 1- _ _ 1_ _! 61,5027 agencis—!_ _ 11,064'8- fbSuotnadieyss 3OECNT1DBER!"*;i-r■Noteasrid —2 utiles—.!'cco-pLre_r, —-seutafnm.acesori-!.: manufntgd 1-—et~c._!:!i—: :et-racding.hol, BNdoteans—nds1!_eccootpa.2lr,,manuf-— acesori maannufcdtrig etcv_ , tthrroaeulddtsiicnn.g,, :, .11— eccotopa.lr,,i—manufces ori maanufcntrig.—d_ etc — thtrreoauldtscin.g,, cceooptal,r,manufcres.- oi amarnutfdctrig e;t. ttrrhauoedlsdtincing.g,,,; 61s,e5c0u2r7it

eOnctdober anoteds _I 1stoe;k_ anoteds1 :stock_ anoteds ; — iGovernmt governm-tGv,*Municcpailt—Setses,,Po —n _ inncluodet

Months Corpate— Domestic- Lboongn-tedrms Short-em Presftorcekd- Comtno Candi- Lboongn-tedrms Short-em Priesftocrekd Com on foreign- Lboongn-tedrms Short-em PrIesftorcekd Comstocokn corpate! Candian foreign Loaannd Staes toal fd"iTghueoreses MONTHS T''•.-BLoongn-Tderms, Railrods cbal.ste,l, Equipment and industral buildngs, Rube—,_r". Ship ngtinrvuestsmn,Miscelanous
Other

10




Grand

Total

Other Farm

United

''
•

10

.

Public Iron, Mot rs Other Land,

Total

Short-Tem Railrods UPtuilbleics. ste l, Equipment Maotnords industral
Irbn,

corpate
buildngs, Ship_n—g^Investmn Miscelanous s. utiles stel,Equipment and industral buildngs,!1. ShipingInvestmn Miscelanous Railr^oads utiles stel,Equipment and industral buildngs, ShipingInvestmn Miscelanous

Other Land, Rub er

Total

Stbcks— Railroads Public

Total

Iron, Motors Other Land, Rub er

otal—

T

Total

Public Iron, Motors Other Land, Rub er
Oil

1828

.■

.

:

;

.

!THE COMMERCIAL & EINANCIAKCHRONICLE

;

,v>;

THE COURSE OF BANK CLEARINGS
■"j," Bank clearings this week show an increase compared with a year ago. Prelim¬
inary figures compiled by us, based upon telegraphic advices from the chief cities of
the country, indicate that for the week ended Saturday, Nov. 21, clearings from all
cities of the United States from which it is possible to obtain weekly clearings will

,

-\_v<

./../,

:

West

t

Week Ending Nov. 21

1942

$3,190,756,838

Chicago-'..j!.:...-j-L-.Z—__
Philadelphia-:-:———:^—j—u_—

3^2,328,836
511,000,000

Boston—-——————-—

328,160,129

Kansas City——a—

165,297,664

428,000,000
241,181,565
110,321,588

147,800,000

114,100,000

226,346,000

161,200,000

140,865,640

+

Francisco——J,—^

Pittsburgh——,———
—:
'Cleveland—--.—i——-————_

—

•,;+,17.4

.

.

,

177,263,837

cities, five days—>

Total all cities, five days—__j.__——
All cities, one day-.
—————

$6,698,427,230
1,439,685,446

$7,021,931,904

Total ,(10

District—Chicago—

Michigan—Ann-Arbor_i-l._—_'..l-.
Grand Rapids—-i
Ll_—i*—._
'.;j Lansing
;
Indiana—Fort Wayhe_4-i-—------

•

4.9

Indianapolis.

.

'+15.9

■

week in 1941.

same

!

we

SUMMARY

1st

Boston

2d

New

3d

1941
$

Total

Cleveland

5th

Richmond

6th

Atlanta

7th

Chicago

8th

St

9th

_

7.4

283,676,165

9.0

3,518,503,257

10th Kansas

2.0

462,362,741

492,477.871

445,786,397

+10.5

"

"

531,427,983

250,924,829

"

i

1.6

—

149,528,806

+14.2

We

239,792,466
116,440,582

176,653,255

"

419,643,991

330,076,220

7,341,612,246

6,662,920,054

+10.2

,

6,240,384,721

3,419,681,721

+11.2

■

2,841,750,057

+35.7

108,042,213

32 cities

621,891,439

detailed

;

statement
years.

.

1
■

•■! :

383,860,739
••
■
V
/

■"'v'-,'.

141,302,862,

$

—

—,

,

{

—

Bedford

883,476

420,960
'

'

86,897,377

+63.8

309,860,757

:;

I

•

•

/

St.

Nov :

Inc.

'

441,959

:

—22.5

561,341

'

I

83.8

2,019,577
245,402,805

1.6

662,223
417,847

533,286

—

4.8

0.4

/ 4,569,502

+ 10.9

11,532,700

765,574

—26.6

778,206

344,045,419

320,339,099

.,/-,

:

.3,538,274,887

2.5

764,021

/ 3,540,812

...

!_

11,097,865

1,368,862

48,700,000
,

,

-

.

1,205,441

1,148,994

3,243,238,333
10,872,762

—

+

.

7.6

7.4

3,632,489

66,935,145

90,135,324

26,603,553

35,996,548
3,042,519

3,342,465

+

1,137,747
1,391,413

+

170,791,816

6.5

2,538,456

+ 17.8

872,838

8.7

966,140

1,180,967

4,642,082

4 18.7

3,845,816

4,616,139

149,528,806

+14.2

105,264,525

139,565,722

961.736

179,195

101,598

+ 76.4

103,682

120.451

*185,000

167,839

+ 10.2

157,937

151,760

3,480,723

3,390.480

+

2.7

2.698,240

3.301,131

61,880,802

L

39,458,432

+

56.8

30,656,487

39.562,989

i.:

3,411,516

2,393,804

+ 42.5

1,547,863

2,290,317

5,406,179

3,984,697

+ 35,7

3.051,003

159,054,527
4,059,332

122,201,830

+ 30.2

98,465,315

121,663,412

3,458,762

,+ 17.4

3,209,523

3,272,317

1,203,157

633,256
862,557

+

90.0

+

8.1

616,398
790,414

817,982

+35.7

141,302,862

175,108,116

•

.

_!_L

Ja.—

932,035:

,

3,322,806

239,7^2,466

—27.6
—

+
+

7.6

+
—

9.1

,

.

:

;

;

t

39,200,000.

,i
.;
•

>

27,391,657
3,375,205,165

+

4.5

9.0

696,705

1,045,578

1,386,820

44,200,000

■

<654,816;

'

>

-

1,028,312

3,539,953,795

:
»

1,756,587

.

Wilkes-Barre—

492,658

,

Cincinnati
Cleveland
Columbus

Mansfield

Youngstown

Pennsylvania—Pittsburgh
(7 cities)




."■5,175,842!

1,998,471

76,526,000

8,917,335

8,072,965

1,160,169

1,102,670

3,787.161

4,098,639

+

2,384,000

3,491,000

'

•

116,440,582

108,042,213

7.8

+

■

86,897,377

95,289,745

-45,145,520

•
,

:

540,195

:

;

20,413,563

,,

:

3,518,503,257

496,024
415,687

!

—15.3

1,872,451

535,000,000

1,435,078
448,000,000
1,937,525
2,341,578

+

2.1

—17.9

•

2.345.219

2,786,428

—15.8

1,252,558
1,898,359

461,724

,

526,823

6.2

—

1,689,098

1,976,499

'

+ 28.2

'

•

'r

-

.

1,611, 538

523,000, 000
1,928, 358

3.1

1,207,181

4.1

1,586,308

1,660, 2p8
6,576. 200

4,846,900

+

13.0

4,361,600

+

2.0

462,362,741

3.252.475

86,347,548
165,223,282
13,983,100
2,168,811

13,541,700
1,751,802
2,998,084

199,024,502

492,477,871

191,506,000

3,233,468

3,570,469

3,999,634
170,811,547

445,786,397

+
—

.

<

/.v..

'

,'

"•

»

»•

540,713,838

2,847,200

3,218,482

3.5

68,872,985

79,963,637
153,529,630

—

3.2

—19.2

129,900,933
12,622,500
1,868,197

15,549,000
1,876,666

—25.0

3,381,480

3,354,940

+ 16.5

146,997,027

167,266,053

+10.5

366,490,322

"■

,

(10 cities)

'•••

+ '

'

v

1,689,165
2,797,722

18.2

i—13.5

•

4,652.791

3,922,889

*

1,578,338

2,028,291

2,779,290

+ 26.7

2,725,118

330,076,220

t

+27-.1 •/

■

267,155,073

315,463,729

6.240,384,721
2,841,750,057

•

6.807,951,357

'"

7,341,612,246

6,662,920,054
3,419,681,721

2,803,337,359

i__J—

+

3,813.502

,

/■ 419,643,991! i

.

fill cities)—

.

; ■'

J •: *

-

.

Canada—

.

U
-

'

+:

"'■<'*>

'

'-A\

424,758,408

);'•)

i

>.1942

( 7

..

t.t

u
j

•

-

i

:•• + "•$

;'

1—-i-i.

,+ 10,2

.

;+ +

11.2

»

i

'•

Week
ie,

.•! '

V''"

1941
t

$

•

Ended

3,267,997,562

1940

113,942,187

,

•"

+ 28.3

ottawd———-j-iiiliiJ-C7-;' 4/ 197,611,745-

40,607,098

+ 386.6

Quebec...—_j_—i—% 7,131,553;
Halifax.
_.j_:
>
!4,o78,95i

5,441,650

+

31.17-

?6.0.:

+

6,420,396

+ .2.0

6,874,767

1,759,187
1,755,096
2,318,814
5,235,940
6,770,106
429,803

2,896,171
'

'

*'7,122,645

i

;

8,750,852

'

jZ-Jj—!— -.j

/!

ZJZj!—.it 624,366
Lethbridge-l..-—-.—7—■' ! ; .1.514,897
Saskatoon!—
-t
*
t2,027,718
I Moose Jaw_^-7—...——1L-4—;
' ! 9}1,747

!

1,106,348

Brantford-L

j—;

;'

.

Fort
:

William——r—-—

New

Westminster—.—zl-j——'

—7—

Medicine Hat.—

Sherbrooke—

;

.t—

—!

.3,966,834

f-!,

—.—j—.

,

'

632-170;

1,168,009
,

,,^

831,472.
782,245

—533,395

f3" "ities)

♦Estimated,

4,043,19.6

4,359,475

;

5;548,601

5,678,988

359,498

+ 36.9

914,421

1,407,267

+ 15.7
+

1.636.354

34.8

585,345

+ 23.8

26.5

1,118,416
*

:

,/

3,163,289
545.491

-.7.

—

713,969
562,125

375.097
1

249.014

551,466

573,774

+ 14.4

817.098

835,312,

6.7

1,060,501
3,180,892

1.098.355
2,512,824

396,873

399.816

+

+ 25.4,7

: +15.9

1,048,380

+

11.4.,'

750,483

695,954

+

19.5.,

625.742

601,453

695,685

+ 12.4

.612.886

639.542

465,910

+

419,161

369.843

.1,190,152

1,283,605

621,891,439

383,860,739

-

701,624

813,128

634,686

+ 30i.3

'

791,341

719,712

+16.7
+ 10.8

+

358,445

1,017,193
'

'

t

—7—,—

Sudbury.—

t

835,713

-

1,649,461
2,499,129

i

412,665

1,193,497

1,867,142
.

29.3,

+

676,641

'

956,036

Z.._.

—

Sarnia-

Tofal

522,028
837,404

.

•

1,520,287.
2,303,743

'

Moncton..——
Chatham

.2,111.400
w

+ 36-.0

907,860
743,810

989,381

~

6,573.647

+ 45.3

995,455.

,

1,005,599
J

——1—•

Prince Albert—:

Kingston.!

1,752,627
720,827

1,161,479

1

*
'

2,843,444
5,699,563

'

<

4,542,954

5,063,985
6,273,689

.+,. 7.8,-.
+ 24.9

16,316,537
16,035,474

1:2,746,^52

-

+ 32,7.
,

74,535,991

4,354,986

+ 23,6,-

2.333,730

'

+-------J——;

Regina.-(——I.
Brandon. J.—1

!

8,498,040

-

■

91,726,641

.14,450,199
29,289,552

2,998,847

——.1—1,891,589

Edmonton—j—.1
:
'

1+30.17;

6,549,945/

John.——I.L.—11—-J—..—.——

'
*

.

Hamilton—7-—/ :
Calgary—i——T—'
'
4-< t.r •
St.

.+ 25.6

99,108,423

80,192,379
43,014,188

'

49,429,372

$

93,513,^74

+18.7,.

16,847,221

Vancouver

1939

Dec. %

>

105,861,579

' "

;.X+.

Nov. -12

Inc. or

<
!

'132,939,830
64,315,694
21,623,322

Peterborough

3.5

+ 14.1

4,091,494

;_T—ii.__Z.jL
1,461,669,
——'3,543,428

•"

Windsor—

3.365,771

188,472,176

3,466,972

Kitchener—

83,323,836

1,429,340

39,810,728
20,672,583

152,152,000

Winnipeg—

*500, 000

+

550,750,163

17,233,159

+ 25.9

'

556, 133

+

5,474,600

+ 19.9

+ 39.6

Montreal—'.—

32,471,335

3,109, 701
1,308, 566

561,563,666

1,183,143
38,636,569

21,211,340

/ Toronto-.l—135,239,943

:648,860

463, 104
•

43,078,632

+ 13.3

—21.1

London—
,

+ 32.5
+ 21^

48,913,035
4,754,900

'!•/*.'' ■ } ■:
;
?•:•••; 4:

3,674,207,893

504,924

58,691,475
1,569,947

3,727,142

Total

23,573,277

29,538,195

>

182,630,000

•'

.

Grand Total

4,725,4-74'

•

Fourth Federal Reserve District—Cleveland—

Ohio—Canton

1,949,586

'68,699,126

+49:4

t
<Uv2.990,000
12.4
It
1,276,23b, /+ 11,8
5;093,722 /+ T,6

1,299,137:

(6 cities)

Stockton-.:

8,129,438

4,625,390

-r-22.9

1,386,378
1.291,785

__

(10 cities)

.

'
[

9.0

+!4.0

10,061,107

'

•

2,620,000

;

Victoria

532,972

'

546,000,000
:

2,172,154

86,449,000

89,946,431'
15,030,483

-

" 2,942,569

*

:

10,190,538,

5,529,826
,

'

!

:

'

:

7,245,228

;

8,964,154

+ 24.0

+

;

3,398,634,664

5.7

—30.0

!

—j_.

2,368,689

—'

Worth.!

Santa Barbara.'^-:

335,758,910

1,283,750

•

.2.1

—16.3

527,832
23,140,802

419,873

L_

'

Dallas—..!

San

637,093-

,8,031,237

7.6

+ 13.9

.

369,707

—:

176,653,255

604,951

Reserye District—Dallas—

Pasadena

//5,326,896
! 14,147,900

283,676,165

.

+ 13.5

,

379,753

York

Total

3,502,577

+ 14.1

+14.3

.

District—Philadelphia—+

New Jersey—Trenton

Total

+ 17.7

37,141,742

Francisco—' 229,900,000
San Jose—.—
4,837,783

11,594,144

—

5,815,815

—3,680,022,807

Scranton

5,212,256

96,661,101

,

2,689,663

33,969,456

-

—

;

204,942,730

Washington—Seattle—>'*' 77,743,2l3:
Yakima
______.t
/ " 1,914,095
Oregon—Portland-.L—L!-:/—i!_/!L
15 65,218,180
Utah—Salt Lake CIty_U_.J-!_../ / 25,442,894
California^—Long Beach—.
? ' 6,638,160

3,983,894

2,329,266

0.5

24,188,087

;

'

176.970,097

-

•

934,367

+ 11.8

+

—

4,764,103

5,425,373

_

Philadelphia
Reading

7,030,564
'•>

6,599,851

.

-

Pennsylvania—Altoona—
:

961,360

10,248,732

Northern New Jersey.

Bethlehem

1,230,791

j

_

Chester

+14.6

:

Outside New York..

52,400,000
.

—

Connecticut—Stamford—

Lancaster

1,264,540

,

—

Third Federal Reserve

684,000

219,032,963

5,510,384

cities).^.!—............

(7

Total

291,977,164
/"; 1922,892

5,554,400

__

(12 cities)

617,000

1,512,483

Galveston...

"

5,090,023

„

Total

+63.0

Wichita Falls.

2,397,608

7.4

13,642,100

>.

,'

■

-'614,003

+
+
—

561,978

—

Syracuse

38,617,811

632,000

Twelfth Federal Reserve District-^-San Francisco*—

'5,533,883

——.

New Jersey—Montclair
Newark

46,540,919,

37,049,886

$

12,887,466

_

New York
Rochester

97,100,000
42,203,711

+18.3

_!

Eleventh Federal

1939

11,910,776

-

—

+15.9
+,8.0

3,560,951
1,340,346

Joseph

Fort

$

886,308

:

Buffalo—
Jamestown-

119,100,000

118,600,000
55,167,361
44,633,602

•.

Total "(10 cities)I.-

|

Second Federal Reserve District—New York—

Elmira—

496,234,762

6,136,685

Pueblo—;

'

■

1940

or

Dec. %

2,677,480

—

(12 Cities)-—————

York—Albany—

457,345,674

,,,

15,124,500

I

Binghamton——;—

1.6

—

i4

3,731,542

New Hampshire—Manchester

New

531,427,983

Colorado—Colorado Spripgs—

348,248,872

'

.

997,368

—

—2

1,552,107
1,744,615

.

315,463,729

2,665,237

-

—

4,932,337

42,454,762

Wichita

95,289,745

267,155,073

+

4,071,235

•

—

j—

Haven

3,275,840

274,847,490

Rhode Island—Providence

Total

745,464

295,289,681
•!
869,526

,

Connecticut—Hartford—.
New

:

6,022,459

Springfield-:

4,705,077

District—Minneapolis-

Missouri—Kansas City^^_

175,108,116

7.8

+27.1

Ended

1941

577,816

Portland

Worcester

1,771,042

"

,—

Massachusetts—Boston-,

New

1,329,409

1,030,000

Louisiana—Shreveport—!.—!..^. J.1

$

Lowell

537,018

396,989,479

—3L3vl

110,276,205

Kansas—'Topeka—^

First Federal Reserve District—Boston—

Fall River

419,389

367,215,558

1,509,411

'

showing the figures for each city for the

1942

Clearings at—

"■Maine—Bangor

•'

5.1

250,924,823

Omaha-!-,.......

;
Week

.

2.8

—

1,544,737

Dakota—Aberdeen

3,267,997,502'

our

'

'4

1;484,692

6,807,951,357

2,803,337,359

Cities

ended Nov. ;14 for four

v'

4,486,416

0.1

...

139,565,722

"

City

add

now

9,287,936

3,357,048

O.l

Paul——.—

Lincoln

204,942,730

6

;

week

10,891,006

21.3

+

Nebraska—Fremont___i_.__j_'._!._.
Hastings
;

496,234,762
.

10

—————

.1.8

:—5.4

—

+

_

Texas—Austin..-;
Canada

26,339,891

Tenth Federal Reserve District—Kansas
City-

220,520,512

457,345,674+

-176,970,097
105,264,525

,

7,235,012

23,235,972
1,386,529

'+

,1,244,877

59,585,184

(4 cities)

South

185,386,992

196,565,244
"•

+14.6

2,239,805

"5,782,042

;

52,809,645

Dakota—Fargo-

424,758,408

177,851,384

+22.6

219,032,963

170,791,816

366,490,322

+14.7

<>

249,217,112

523,018,894

"

———HI
York

206,810,678

305,658,716

"'

"

4

—

-

"

10

City

New

237,231,189

29.5

+ 26.1

—

North

540,713,838

"

-

Francisco—

St.

3,674,207,89?.

+

27,409,000

2,430,370

+ 16.6

503,000
426,107,178
;

—137,500,000

Minneapolis

335,758,910

+

7
—10

11th Dallas

Total

+

550,750,163

17
—

Minneapolis

Outside

320,339,099
3,375,205,165

561,563,666

•

Louis

12tli San

344,045,419
3,680,022,807

"

6

Louis

Ninth Federal Reserve

$

'

"

_

4,499,786

+

2,764,035

24,872,000

«

1939

$

7

~
"""
~

6,988,788
26,871,348
1,543,573
12,905,238

■,

2,335,170 !

9.2

+ 34.6

523,018,894

Helena—

10

"

+20.9
+

3,041,555

4,794,971

Minnesota—Duluth

an

12

12 Cities

__

York

—

"

2,120,187
1,601,148

Montana—Billings-

1940

or

2,256,694

.

2,122,006

...—.....—.

Total

Inc.

Dec. %

611,216
4,593,467

2,032,643

2,018,940

(17 cities)———.

Missouri—St.

CLEARINGS

6

Philadelphia

4th

BANK

OF

1942

1

3,754,137
.'

«

4,801,465
L.i

Kentucky—Louisville—
Tennessee—Memphis—
Illinois—Quincy

furnish a summary by Federal Reserve Districts:

Week Ended Nov. 14

/ '545,176

+10.8
+ 16.8

*2,402|461
28,908,000

-

'

2,326,070

220,520,512

Eighth Federal Reserve District—St. Louis—

and the Minneapolis

In the Kansas City Reserve District the totals show

Federal Reserve Districts

53,144,583

196,565,244 ' '■

—>."8.0
'*■

4,504,558

517,171 ".
'404,316,315^

4——^T-^—

Springfield—!

group the

881,447

'

12,209,418,.

i

Rockford

Total

!

2,709,868

9,050,523!

<

Peoria

expansion of 35.7%?, in the Dallas Reserve District of 7.8%, and in the San Francisco
Reserve District of 27.1%.

following

187,439 t.'<

44,440,490
v,

•

14.5,..,

».

712,501

7.3

1,129,285

1,119,503

+63.8

309,860,757

348,248,872

—

>

32,749,808 vl'
2,391,110
247,332, v

'

i-

1

5,458,068

Rapids..—a.—.4__:

Decatur—

'

•

31,324,524
1,515,307.- i

______

Illinois—Bloomington_._-.__
Chicago
i_._u—

by 10.5%, in the Richmond Reserve District of 14.7%, and in the Atlanta Reserve Dis¬
trict by 22.6%.
The Chicago Reserve District records a decrease of 1.6%?, but the

In the

2,598,988

F8.5..*!

>+22;6

1,626,457
1,413,772 -•»'
17,400,000

r

.26,082,142 %

,

56.6

249,217,112

,

,

>626,889!
4,993,178' ;

4,094,652

Sioux City—....

this it appears

Reserve District of 14.2%?.

+

! '

1;344,672
18,945,000

+ 40.6

2,903,722
31,575,000 7.

i_,

Des Moines_-

;

Outside of this city there was an increase of 11.2%, the

St. Louis Reserve District has to its credit an increase of 14.6%?

:—>3.0

1,654,943

'

+ 60.2 «.•■>

53,360,300

3>, 165,646

Haute'/..!—J..

Iowa—Cedar

.

located, and
that in the New York District (including this city) the totals
show a gain of 9.0%, in the Boston Reserve District of 7.4%? and in the Philadelphia
Reserve District of 20%..
In the Cleveland Reserve District the totals are larger

from

'

!

1—T-_

Bend

Terre

increase of

bank clearings at this centre having recorded an increase of 9.1%.
We
cities according to the Federal Reserve Districts in which they are

1

-

10.2%, the aggregate of clear¬
ings for the whole country having amounted to $7,341,612,246, against $6,662,920,054
in the

25,655,727
80,400,000

:

-

+ 13 i3.

228,345

;

.'

5,491,723

23,041,629
73,300,000

.+ -4.3 '

*l,gOQ,OOQ
20^123,000
38,099,165
3,321,067

,

Cities)^—;,305,658,716;-

:

1

statement, however, which we present further below
able to give the final and complete results for the week previous—the week
was an

,

,

t-

5,199,751,
215,843^

r

o

'4,970,041

>

+121.4 v

rx •

In the elaborate detailed

For that week there

''*•

W

V+4>®:7

2,459,962

.

32,233,793;,;'

6.3

—

94v600,000

.

-Orleanai__^:w—;75>029,)250 ;<vv

Wisconsin—Milwaukee

we are

6,480,382
-29,044,891

.2,564,605.

Mo bile——.—.—,———j.——_ —,—v

+18.6
+

1G;2

,

t •

Alabama!—Birminghami.J-j..>^^i.;V:i'.. ' 36,972,373/

Complete and exact details for the week covered by the foregoing will appear
in our issue of next week.
We cannot furnish them today, in as much as the week
ends Saturday and the Saturday figures are not available at time of going to press.
Accordingly, in the above the last day of the week in all cases has to be estimated.

ended Nov. 14.

1

f

>:

-110,400,000

••

Louisiana—New

v,;j

'

Y'

?4,'159<000;>;V+40L5

:v.; ?- »• i

-

35,272,079
-

Mississippi—Vlcksburg—^-_.—.».rw—/ ^

+ 37.4

1,372,031,382

i.'r

V

,

+41.0

$5,649,900,522

$8,138,112,676

1^^879,525

•S

„

-

6,071,122

^

-;-

Augusta—

•

South

Total all cities for week———.

}»v;]

Tennessee—Knoxville.
Nashville.—-I
—I-..—b-L-

r-

$4,508,941,657
+ 20.4
1,140,958,865 ,'+11.1

1,267,689,415

...

43.3

85,074,184

.

$5,430,738,815

-

.

.

^Seventh Federal Reserve
Ten

Other cities, five days—

,

Sixth Federal Reserve District—Atlanta-r-,

+49.8

129,059,360

119,934,071

H.,

'V+f

,

,^lorida-pJacks6nvilIe_-^-^_--_'-+^L"'V/./.,?

+36.i
,

f;,

19139

1)'- $

t

.

+ 19.4

-

;

-

...

+.14.3

308,607,211

;

14..-,'-,'

V.r1'

•

.

:

,

+ 40.4

201,851,440

Ban

$2,790,532,109

Nov,

1

.

+ 29.5

>

;

^Georgia—Atlanta-./..—v,

.New 'York-'-ij.--——

Week Ended

I

-

1941

•

r

Monaa^J4ovembeiS23;i942

r687,162
630*f7ia'''^:
13 ;443;000,a ".ha 'ir. !f 3,:115,
69,698,923 '
61,413,847 ,.-+13.5 I-'
49,834(306
61,650,474
;
2,281,903 r
-f,785,27p '+ 27.8, ' "
'1,573,232
..,1,505,708
Maryland—Baltimore—-J V' >tO22;552,858 - '^T03;432i327'>A-+18;5'Vl'
92,588,952 '
88,624,349
District of Columbia—Washington-1.' ,•{:,r;. >
-Washington-'.1
35,830;921' \ ; ? 35,150,709 ?+ "'O - *:■ -29,724,732 ■29,860,748 '
j.
-'-v.-J >• i
TL
Totail ;(6 cities)'
L,
lll'-l-L:-"'
237,231,889!
206,810,679 /4-14.7/%/! 177,85T,384 /„ 185.386,992

i.

'■

-

fi

r.\

Richmond--—
I
South Carolina—Charleston—^L—:~J-'

by Telegraph

Clearings—Returns

i

J
VirginiaT-+Huntington—i*' 'i;B22-,284^<

.

summary for the week follows:

A

»yirgtoia+^orfolkfe.L_«4v^--M£'a-'^iu(4i^-^'V»5,-R46,q9p>:

above those for the corresponding week last year. Our preliminary total
at $8,138,112,676 against $7,021,931,904 for the: same week;ip 1941.' At this
there is an increase for the week ended Friday of 14.3%. Our comparative

center

•

,

15.9%

stands

-s

.vv>te,tv

>

;.y^i
.vi:,,/•!/, t\ >IV';
Fifth Federal Reserve District—Richmond—
'
,

be

', + m,

:

V

r

Volume

THE COMMERCIAL & FINANCIAL CHRONICLE

Number 4127

156

Stock and Bond Sales
NOTICE—Cash and deferred delivery sales are disregarded In

New York Stock

«»

DAILY

WEEKLY

-

furnish

Exchange

YEARLY

-

the day's range, unless they afy the only transactions of the day. No account Is taken of such sales In
computing the

United States Government Securities
Below

1829

the New York Stock

on

Exchange

daily record of the transactions in Treasury, Home Owners' Loan and Federal Farm Mortgage Corporation coupon bonds
Stock Exchange during the current week.
Figures after decimal point represent one or more 32d of a point (See note below).
we

a

Nov. 14

Dally Record of U. S. Bond Prices

Treasury
4 %s, 1947-52

Nov. 16

High

Nov. 18

Nov. 17

Nov. 20

Nov. 19

Dally Record of U. S. Bond Price*
Treasury

—

Close

—

4s, 1944-54

Low

-—

—

—

—

—

—

—

—

—

—

Close

—

Total sales In $1,000 units———

«,

—

106.12

—-

—

—

—

—

—

—

aVaS, 1956-58—

—

13

;

Total

'.

1

3%s, 1946-56—:
Total sales in

Low
[Close

$1,000 units

III

III
—

—

| High

3%s, 1943-47

"

:

Total

—

sales

in

—

-—

—

Total

sales in

[Close

103.19

.

103.19

2

Vis, 1952-55

-

[Close

2

Total

sales in $1,000

units

[High

Low

2Vis, 1954-56

Low

—

[Close
Total

sales in

$1,000 units

High

[High

Low

2s,

1947

Low

•

Close

[Close

Total sales In $1,000 units—...—_•

Total

sales in

$1,000 units—

f High

sales In

[High

.

■{ Low
[Close

asL March 1948-50

Low

•

Close

$1,000 units

Total

sales in

$1,000 units—

High

3s, 1951-55

High

Low

2s, Dec. 1948-50——

LOW

Close

Close

Total sales In $1,000 units.

Total

High
2 Vis,

1955-60

Total sales in $1,000

units—"

$1,000 units—.
High

109.17
.

sales in

109.17

—

Low

Close

2s, June, 1949-51

Low

109.17

—a

Close

4

—

Total

sales in $1,000 units

High
2 Vis,

1945-47—

Low

2s,

Sept.,

2 Vis,

$1,000 units

[Close
Total sales in $1,000 units

—

[ High
\ Low

1948-51—

—

(High
-j Low

1949-1951

Close

Total sales in

(High

Total sales in $1,000 units

Total

2 Vis,

-I

1951-54

•

.

i

Total

jHigh

1956-59—

Low

2s,

sales

in

sales in

1953-55
,'

Close

Total

units—".

sales

in

$1,000 units

High

3y4S, 1944-64

Low

Low

Close

Close

Total

Total sales in $1,000 units

sales in $1,000 units.

High
High

1945

3s,

1944-49

Low

——

LOW
^

Close

Total sales in $1,000

Total sales in

units—"

1948

-j

Close

$1,000 units

Home Owners' Loan

[High
I Vis,

—

\ Low
(Close

Federal Farm Mortgage

High

«%s,

5

(High

2s,

Low

Total sales in $1,000

100.5

$1,000 units-

Hign

2Vis, 1960-65—

100.5

[High *
J Low
[Close

1951-55

Total

100.5

$1,000 units

[Close
Total sales in $1,000 units

J%s, 1958-63—

10

\ Low
[Close

1950-52

(Close

2 Vis,

100.6

1

f High

2s,

—

100.6

100.5

$1,000 units

—

Low

Total sales in $1,000 units

100.6

100.5

\

1949-1951—
sales in

100.5

Low

[Close

2s, Dec.,

[Close

[High

11

Low

■

-

103.19

Total sales in $1,000 units

Total

100.24

High

■

f High

—

101.3
1

[Close

3s, 1946-48

100.24

$1,000 units

103.19

'

2

3 Vis, 1949-52—

101.3

[Close

-j Low

__•!

100.26

f High
( Low

Total sales in
103.19
103.19

Total sales in $1,000 units

3 Vis, 1946-49—

2

101.3

$1,000 units

ay4s, 1951-53

[High
:

100.13

2

—

Low

_

—

—

$1,000 units—

3 Vis, 1944-46—.

100.13

—

Close

.

Total sales in

100.18

100.18

■ *.„

Close

2%s, 1967-72

Low

1943-45—.

100.13

—
—

$1,00 units

High
3 Vis,

100.18

■{ Low
High

—

[close
Total sales in $1,000 units

—

(Close

*

$1,000 units

—

f High

.

I—

III

III

Nov. 20

—

-

2%s, 1962-67

{dose

Nov. 19

-—

\

—

sales in

Nov. 18

—

106.14

—

—

Nov. 17

the New York

—

Total sales in $1,000 units
106.14

—

—

(High

—

Nov. 16

on

—

f High

—

—

High

—„

—

Total sales In $1,000 units—

Nov. 14

f High

\ Low
(Close

2%s, 1952-54

for the year.

range

3s, series A,

High

103.6

Low

103,6

Close

—

103.6

1944-52.

Low

(Close
Total sales in $1,000 units

[High
High

106.4

Close

2

High

sales in $1,000 units

No

LOW AND

Monday

Nov. 14

# per share

•46 %
•109

47%
110%

"34%

•46%
►109

36%

*42 Va

< per share

I per there

46%

7%

46%

*46

46 3%

*46

*109

110%

*32

110%
36%

*109

36%

*42%

43%

*42%

7%

7%

7%

243%

24

24

*24

463A
♦109

*42%

43%

43%

43%

IOO

7%

7%

7%

7V4

1,700

24%

*24

*24

24%

16

15%

16

15%

153%

153%

153%

36%

36%

363%

36

36%

36%

36%

65%

•62

2%

3

•80V4

87

5%

19

6

183%

183%

140

140

6

140

18

*60

*53%
'137

•10%

10%

*10%

103%

15V2

15%

153%

153%

153%

6%
75

*73%

6%

6%

63%

•72%

75%

*73%

26%

26i%

26

26%

18%

18Vi

18%

18%

•%

1

•12%

16

1

*10%
63%

25%
18%

3

14,400

88

10

45




48% Jan

13

43%

Dec

513/4

Jan

8% Nov

9

5%

Apr

8%

Dec

Corp

Reduction

17%

Dec

24 %

9%

Dec

15%

34%

Nov

45

July

Sep

75

Aug

—10

Inc

No

par
10

1% Mar 24

Albany & Susq RR Co„
Allegheny Corp:
—:

-100

69% July 15

6

4,100

5%

5%5

4.000

5%% pf A with $30 war—
5%% pf A without war.:

13%

133%

13%

13%

13%

13%

2,500

$2,50 prior conv preferred-No par

18%

18%

1,900

18%
6

18%
*60

18%

18%
*60

65

18%
65

*60

65

-

Alghny Lud Stl Corp
Alleg & West Ry 6% gtd

*53%

57%

53%

53%

*53/4

6

600

1383%

1383%

138%

138%

138%

138%

140

800

Allied

103%

10%

10%

10%

10%

*10%

600

*153%

-100
-100

No par
—100

Allied Kid Co

16%

No par

Allen Industries Inc

153%

6%
75

26%

18%

15%

16%

16

103/4
16

4,100

6%

63%

6 %

6%

6%

6%

4,400

*73%

753%

73%

73%

*72%

74%

200

257%

25 %

253/4

20,000

25%
183%

18 3%

187%

25%
18 Vb

25%
19

19

1,100

1

600

14%

66'%

663%

663%

233%

*23%

46

433%

24

44%

1

%

66%

66 3%

66 3/8

67%

1,500

24%

23%

23%

500

44%

44%

45 %

46

2,700

Chemical

&

1

Dye

No

Allied

No par

Stores Corp

5%

No par

preferred
Allis-Chalmers Mfg
-

Jan

16

May 25

60
Nov
3% Apr

13
9

118% Apr 28
10

—

No

May 25

11% Apr 24
4
Apr 28
64

July

par

22

Apr 29

No par

Amalgam Leather Co Inc-

3

143/4 Apr 17

1

H Aug 19

50

preferred

12% July 24

Amerada Petro Cnrp

No par

43

Am

No

183,4 Jun 30
25% Apr 17

Agric Chem

(Del)

American Airlines

Inc

par
10

49"% Jan 13
110% Oct 16

24% Oct 26
I6V4 Nov 13
383/a Oct 23
69

Mar 27

Oct 22
Nov

3

9

943/4 Feb 10
% Oct

2

3% Apr 17
3% Apr 18
9% Jun 23

100

-

Alpha Portland Cem
conv

par
—5

..Allied Mills Co Inc

6%

*23%

8

Mar 27
Apr 28
Jan
6

.100

5%

6,000

Jun

Ala & Vicksburg Ry Co
Alaska Juneau Gold Min

5%

*12%

44

9

Apr 24

5%

14%

1839.

Sep

5%
183/4
10
29 %
61

53%

*7%

45

Sep

39

5%

*12%

page

54%

53%

7%

233%

Dec

53%

147%

653%

553/4

34

5%

7%

23%

Feb

12

5%

*12%

653%

40

Jan

53%

65

Highest
$ per share

43

57%
14

%

A

Year 1941

t per share

May 14

n

1

23%

see

40

15

65

Adams-Mills
Air

2V4

$ per share

May 14
Mar 24

Address-Mutigr Corp

*83

t per share

Lowest

31

H

.

Range for Previous

Lots

Highest

37
104

No par
No par

1,800

65

100-Share

100

Co

Express

4,800

*7%

24

footnotes

2%
87

Steel

16

*123%

671%

For

*83

100

Acme

Adams

36%

*60

of

No par

No par
-

-

153/4

16

•23%

46%

2%

23%
86

66

Basis

Lowest

25

preferred

36%

1

•12i%

•66

46 Va

2%
86

3%

*61

65

Abbott Laboratories-

Abraham & Straus——

'

'

5%
14

65

6

27%
87

%
53%

14

*60

6i%

139 V4

6%

5%

65

•6

2%

*80%
3%

14

19

•60

2%

53%

6V8

14%

.

*62

87

11

61/4

51/2
14

23%
•80

%

fs

65

24%

On

"
Par

4%

7%

16

65

200

43%

36

65

.

36%

16%

Range Since January 1

STOCK

EXCHANGE

110%

*32%

37

Transactions

'

36%

16 %

NEW YORK

Shares
•

46%

for

*32%

36%
•61

the Week

I per share

463%

110 Va

'109

Sales

Nov. 20

I per share

*343%

73%

*24

Friday

Nov. 19

44

*42%

7%
25

Nov. 18

36%

•34%

44%

*7%
•24

47%
110%

STOCKS

Thursday

Wednesday

Nov. 17

t per share

{Cash sale.

sales.

HIGH SALE PRICES

Tuesday

Nov. 16

tDeferred delivery sale.

Note—The above table includes only the sale of coupon bonds.
In registered bonds were:

Low

Saturday

sales in $1,000 units

•Odd lot sales.

—■

.Close
Total

Low

Close
Total

106.4

Total sales in $1,000 units

atts, 1950-52

1%S, 1945-47.

106.4

Low

Itts, 1949-53

22%
73%
63A
149
12%

Aug
Jan

ya

Dec

5

Dec

1%
85

99 Va

Aug

Dec

%

Jan

Dec

Jan

-10%

Jan

3%

Dec

9%

Aug

27

11%

Deo

21%

Apr

Jan
2
Feb 27
Oct 22
Jan
6
Jan 26

17%

Dec

25%

Jan

"4%

Deo

U%

135%

Dec

10%

Feb

11%

Dec

Jan

163/8 Nov 18
6% Nov 12
81
Jan 13
30 Va Jan
3
19% Nov 12
IV2 Jan 26
18% Jan 27
70% Oct 22
Nov
4
48% Jan
3
24

73

5

6% Nov
6
6% Nov 7
17

x

Sep

3%

Jan

167% July
13

Aug

143/4

Apr

Dec

9

71% May

87

Oct

24 Va

37

Jan

5

Dec

14% Mar
%

Dec

Sep

21%

Aug

1%

Aug

20

Sep

10

Aor

41%

Feb

63% July

14%

Feb

22%

Deo

40

Feb

58%

Jan

RECORD

NEW YORK STOCK

-

AND HIGH SALE PRICES

LOW
!

IJ

Nov.

t

1 per share

5%
'

'

*5%

28%

38i%

169

28%

3 Va

3

70%
169 '4

'

24%

24

24'A

23%

24'A

23%

65

65

65

65

66%

66%

*18%

18%

*18%

107%

*105V4

107%

*

*15

6 V«

*5»/4

14i%

14%
99

98

99

*98

99

5%

*1.4%

2 'A

7

'*

*6%

23%

22%

,

"6%

22%

'

11/4

1 \\

38Vt

1%

38%

*35Vi

36

*33%

'

35

39%

'

*33

35%

*33

36

34

33 3 4

2 r! a

32 %

*33

50

50%

*49%'

50%
1%

1%

1%

1%

34%

33%

347)t

34V3

4%

4%

4%

.

,

4%

4%

4%

40

*4%

*

41

,

-•>

40

8%
88%

88%

11%

12

7%

19%

86

86'/a

86%

12%

12,%

12 Va

12%

11%

12%

6%

64a

6%

6%

*6%.

6%

201/4

20 Va

201/4

19%

19%

19%

19%

19%

3,600

118

117

*25%

25%

%

25%

.'■■'IS

./

■

%
17%

18%.

%

25%
%

19%

19%

177«

17

5%

'

*150

I

:

*150

160

38%

39
149

35V4

1441%

*142

142

142

147

Va

*142 "

37%

38%

37%
147%

*35

35V2

34%

*142

144 to

144%

20

19%

20

19%

20 Va

19%

19%

10%"'

10%

10%

10%

10%

10%

10%

10%

20% %

*89%

90

*22

:

•

*

20

441%

133%-

29

29

.

43%

*89%

22%

*22 Va

22%

22 Va

128%

139%

129%

130 Va

129%

6%

29

6%

28%

6%

6%
29

29'/4

133%

134

Nov

6

12% Oct

6

8%

Dec

7% Nov

4

2%

Feb

V

29

29%

116

3%

4

*60%

116

*115%

63

*

American Snuff

116

*115%
r

*115%

116

116

*

60%

60%
4%

4%

*54V4

41/4
46

*41

4

*40

4

26 %

28%

28%

*16

16%

11%

*11

10

.

.—No

Co—

1%

*1%;

*32%

33

i

16 Va

*1.6

16 Va

*10%

11

108

1%

33

107%

32
"

*10

;

*1%

1%

%

x32%

32%

*106%

107

107

112

"

*108%

.?

,

(

Preferred

,.

100

'•

V

i—T

■■■:'

3%

3%
*46%.

47'

47

*35

45

3

47

'

46

*35

31 Va

30%

31,4

46%

45

*35

30%

29%

3 Va

3

3 Va

V»

45%

45

30%

*35%

40%

31

;•

44%

46%.

40%

30%

3%'

3%

30%

31

7%

8%
4%

8

*7%

*4%

.

4%

734

734

'*4%

4%

/

45%

50%

30%,

—

*7%

>

7%

4 Va

4%

7%,

*83

99

*82%

99

.

*83

99

*83

*4%,

:

7% 1

v

*7%

4%

*83

99

*83

99

■

6%

*701%

75

*70i/2

63

*53

63

26

*26

/ >

755

*53
26

6'4

27

,

27

%.

99%

99%

99%

44%

43%

44%

691/4

69%

67

69

30%

31

30%

..

■

99%
43

*67Vk

31

30%

•

6

75

*70%
*53

44%

99

'

6 %

'

6

*70%

,-No

27

*27

100
3,500

Constable Corp—

700

Arnold

!

500

Artloom

'♦"/—!'

99

74

%

V

100

7%

2d

27

*27

29

f

500

Assoc

100

100

.

/

307S

67 V2

67%
291/2

,,31%

46%
68 Va

J

,*■

29%

30

23%

*22

23%

*44%

45

*44%

45%

18%

*106%

183i.

.

.

18%

6%
*48%

56V2 >-,

551%

22%

22

•:

800

45%

44%

-18%

.

*106%

6%

6%

Xl8 Va

18%
110

'106%
6%

6%
'

"

4914

*4814

.

56

23

44%

55%

18%
110

23

10O

18%

*106%
6%

6%
48%

*48%

*55%,

49%

48%

55%

55%

55%'

115%

1151%

18%

■

7,800

110

,

6%

>7%

■

>. '■ *7%

7%

■

116

116

7%.,

•.

,

7Va

116

*115%

'

714
2%.

r

*8

,

116

*7 V>

8Va

115

49%

*7%

8

—

*1%
*21/4

23%

22%

3%

3%

3%

3%

12%

12%

12%

12%

3%

3%

3%

3%

3V4

-

.

22

*1%

2

21%

*21 'A

22

3%

3,«;

*1%

21%

"3

3%

3%,

3%

3.%

12%,

12%

12%

15%

12 %

3%

3%

3%

3%

2

*21

Jan

27

43%

Dec

73%

Jan

50% Jan

27

43%

Dec

74%

Jan

Apr

6

143% Jan

14

27

17
6

Apr

30 Va Oct

116% Jan

159

Dec

7

"

Jan

23'%

-

14

Dec

29%

Aug

8cp

116%

Aug

112

2

-

Dec

3%

x!43

7Va Nov 20

Jan

Nov.

13

2%

Deo

70% Feb

3

64%

Dec

18

5% Jan

6

3 %

Dec

Aug 10

76% Jan

14

4

15

7%

2%

14

Jan

13

r

14.

Sep

8

;■, 22 v.- Feb

28% Jan

46

Aug

81%

Deo

5% Jan
50

Jau

8%

Feb

51

Jan

99'/a
.

Jan

56% July

% May

,30

•

July

1

30

Jan

5

24

Deo

35% July

12% Mar 11

17

Jan

3

11%

Apr

17%

par

Sep

112% Mar 19

110%

Jun

115 V*

Oct

7

Deo

.12% Jan
2% Jan

107

May 26

7% May 20
1

27% Apr 27
102

Sep

42

21
"

Jan

35

28

15

10

4Vs Jan

67'% Feb

2%

4

21

66

Jan

31 Va Nov

8V4 Nov

14

4% Oct

60

2% Apr
79

100

28

May 26

82

70%

Sep

72

Sep

.

Dec

,34% Jan
6%
6%

Dec

91%

Oct

5%

Dec

,10%

Sep

4% Apr 28

6% Jan

5

61% Mar 24

77'% Jan

8

78

Dec

53

Jun

20

Jan*9

29

Sep
Jan

Deo

87%

3

July

Jan

•

Dec

3

17

5% Mar 20

par

:

Sep

5%

Jan

6 Va

16

Sep

112%

Dec

47V* Jan

21

2

33%

Feb

20%

4Q% Oct
21

Jan

.

Dec

108% Mar.

14

11

Sep

%

111% Mar 12

29

2% Sep

•

12% Oct

1% July 28

Mar 11

88

8ep

Jan

17

76

Dec

102'/*

Aug

27% Sep

16

20

Dec

35Va

Jan

96% Mar

83

6

100

Nov

17

82

Aug

2

53

Oct

3

18

Jan

31% July

7

53%

Dec

70% May

5%;>:preferred_'—AA!_A,

72% Oct

2,——100

19% Jun

2

34% Oct

9

Lines——A—1
100

16% Jun

24

Jan

5

13%

Feb

45%

Oct

Coast

&

G

Line RR

W I SS

—

3

16 Va

Jan

56

Nov

23% Jan

28

19 Va

Jun

28%

Dec

99% July 20

109% Feb

7,111%

Sep

6% Sep

21

—.

conv

par

100

preferred2—2

Corp————No par
Nichols,/.,—.2—2—No par

Atlas, Tack

7,600

priof. A
Aviation, Corp of Del

4,900
5,500
2,800

;

May

6%. Feb.
47'%

Jan

5

61

17

111

26

6

2% Jan

9

70

516

>

16

Feb

107

Jan

May 23
May 25

Apr 30
-1% Apr 17

5

9% Jan

43

111
.7

20
.

Apr

4

S

2%

9% Jun 29.

14% Jan

2

10'%

2,%

Jun

3

.100

4% Jun

23

(The)———3

24

.

,

,

.

.7% July
51 %. Nor

72V* Jan
121

Oct

9'/*, July
3%

Oct

May

13

Nov

2% Jun

Feb

1% May

4% Jan

15% Apr 28

.

Feb

May
t.

.100

Baltimore & Ohio,—2—A—

5%

50%,

Jan

„13

Baldwin Loco Works v t c_,

3%

46%. Apr 25

7

2

—No par

$5

28% July

45% Jan

Mar 16

14% Apr

——25

Powder__22—•—2—_N0

34

'13%' Feb

30

33

v

100
Corp—
5
preferred—2—^-50

6%

"20

.

.

-

5 %

2

22

168%

25

Austin

3%

*1%

Dec

*

'

2%
22%

*2

2%

"2

*22%

115%

49% Jan

24% Aug

;/

preferred—
Atlantic Refining——2
/ 4 % conv pref series A

i 40
100

8

6

;

81% Jan

Atlas

400
.

Sep

27 V2 Jan

,5 %,.

200

56

11% May

Aug 14

23

Jan

60% Jun

Atlas

2,200

115

81

20

.22% May 20

50
par

preferred-!—-A- — —!_!l00

'

*115%

116

*115V4

-2--

/

13

14

100

Atl

900

45

Aug

52

Investment Co-!—. —No pari

Atlantic

13,200

"44

22

*44%

.

111 14

49V4

*56

56%

*56

*21

*106%

6%

*48V4

49 %

*43

45'4

1/4

111

6%.

6%

6%

23

*44 Va

19%

18%

111 1/3

18%
*107

*21%
/

Sep

19%

13

97Vs Jan

——-100

Atch

'

*22%

98

•

11% July

,

Topeka & Santa Fe-

5 %

f.
360
24,300

*67%

67%

30%

; 6

: •

44%

44%.

29%

68

44

22%

3% Apr

preferred——— Z——100
—100
preferred——

1st

60

44 14

Feb
Jan

21% Jan

Mar 26

1% Apr

—5

—

preferred—

7%

*50

100 + ' 100

100

13%

23

Associated Dry Goods-?—

A 1,700

6%

*71

43 %

,

.

58

67%

44%

*6'/a

-

Dec

29

—5

—No

Corp..——

74

*7Q%

28
•

.

Dec

6%

108% May

—No par
f;6 conv prior preferred—
100
7 %
preferred———
—No par
Armstrong Cork Co..

27

60

v. 100

1Q0

6%

Deo

8%

22

■

20

Co of Illinois—.

&

58

75

*50

•?

63

6

:

Jan

15%

21

3% Apr

-

6%

6%

6%

28%

2
4

Oct

—

;

7%

X4 Va

4%

Jan

3% Apr

•

12.50

Copper

'

4%

Jan

:

Feb

38% Jun

Armour

•

Sep

54

150%

Dec

12

134% Jan

.,

Mining
5
A P W Paper Co Inc,'—•.;
Archer Daniels Midl'd—— ^No par
Armour & Co (Del) pf 7% gtd—100

300

,>

31

139

Dec

12

39.Aug 14

11,400

44%'

44%

•

; *35Va

50 Va

31

155

Mar

29%

21% Nov

1

'

'

45% July

Dec

138

Mar 14

29

'

'5,500

3%;

3>/s

3% :

33%

14

2

25

'

.«

40% July

33% Apr 24

par

Smelt—

preferred

div

$5

800

f

10%

3

17% Jan

100

Anchor Hock Glass Corp—

200

}

'

Deo

Dec

3

101 % Apr

par

—

Andes

1%

—No

Anaconda- Copper MiningAnaconda W & Cable—— —No

j,;'

32%:

6

29

7% Jan
15

Elec^__ —No par

prior conv preferred!

$5

60

4

Oct

9

14

144

78% Mar 27

——100

Woolen——!— —No

Amer Zinc Lead &

17,900

j

Jan

9% Jan

16% Jun

•

par

10

preferred—

1st

American

800

|

Jan
Jan

7

>1
&

Water Wks

$6

7

f 2,700

107

11

120

preferred————

5%
Am

10%

32%
*106%

136% Jun

Viscose Corp—. ——14

American

15%

;

Dec

11% Nov

29

•34% Apr

Foundries Inc.

Aug

73%

Dec

4%

Jan

7 % Jan

165%

Feb

50

20

Jan

39

35% Jan

12

Apr

,——25

preferred

t6%

Amer Type

800

V

>

-29

3%

46% Jan

9Dec

13
17

Oct

8

May 25

——100

B

class

Common

500

f

112

*1%

1%

32%
107

.

6% Feb

,25

Tobacco...,——

American

200

30

*10

10%

Jan

24

Sumatra Tobacco— —No par
—100
rAmer Telep & Teleg Co-

11,900

•

26%.,.

*16

*108%

3%

46

,

25%

12

4%

26% Aug

.

Dec

155

59% Oct

28

Mar 11

Apr

3% Deo

<

6% Nov

9% May 25
52% Apr

Am

200

16%

*39

26 Va

*28%

112

1%

*324 a

%

30

*108%

11%

*1%

'

33

108%

*108

108%

25

*28%

Jan

—-100

Preferred A———

:

100

4,700

4%

4

165

•

.r—No par

Stove

J5.490

57%

57%;

4%

17%

Sep
Dec

Dec

Jan

22

Sugar Reflning- —A—100

47,400

4

4

.

26«

6 Vt

23

Jan

%

Jun

121

20% Dec

15

Foundries,—! —No par

Steel

Amer

A. 510

59%

59 Va

46

*40

',

23%

Jan

>13% Jan
:

Mar

Jan

3% Apr 25
142% Jun 22

,25

—

/American Stores

9,800

116

3%

30

16%

112

*10%

"

4'/a

25%

*28%

16%

*108

11V2

*10%

1%

*1%
*32 %
*107%

112

*108

%

;

55%

55

46 "

25

,

4

4

55 %

*40

25%

29

*16

4

4%

46

26%

112

61%

Va

16%

*16
*108

*59%

*55

-v"

*28%

26

60%

4

29

26%"'

26 V8

*28 %

3%

551/4

55

46

*40

'

>-

4%

3%

%

4

41/s

55

4%

■

6114

3%

:

111

Jan

17%

Dec

,151% Apr

Jan

23

par

American

29% 1

116

116

3%

*59 Va

3%

4Va

55

56

*4VB

-

3 %

*59 Va

■"

•

'

*4

,

3%

3%.

•

■

50

95%

Dec

7%, Dec
77'%

26% Jan

% Mar 14

15% Apr

preferred-,—, —100

6%

•

'

38
,

,

Feb

12% Apr

San'y——No par

v

.

23% Mar
119

21% May 21
A

— ,—

•

*115%

May 15

16
Apr 29
113% Feb 20

preferred-!————-No par
preferred—i--No» par

American

I

7% i

29%

29 Vt

4

Co———No par
Light———No par

.tPreferred !——

;2,000

133% <

7%

,;?%

&

26

9% Apr 30

News

Power

Rad & Stand

Am

65

preferred-!—100

6%

American

600

i

43 %l,

42

4% Oct

Sep

13%: Jan

Deo

6%

91

4,600

;

22%

133

131

6%

■

,

441/2

43 %

44 Va

4414
133%

43%

43

V 7

9

500

41%

43 3 4

Jan

10

131%

41%

45

134

6%

28%

1

90%

4344

Oct

4V<

Jun

1,700

90

*89%

V

2%

30'/s

Dec

26

19%

*22 Va

'

Dec

Feb

2%

Jan

i

11%

19%

90%

134

44%

..

*11%

*89%

>

1
20

9

-

6

conv

Amev

(1,200

51% Aug

Dec

17

Nov

5% Nov

Nov

i

.

>.

Jan

May 29

2

35

14

36 % Oct

10%

20

5
6

Mar

-2% Apr

43

c:

20

;

1291%

43%

441a

6%

6%

6%

*19%

,,

Aug

42%

9

148

.

11%

11%

19%

128 V«

133% 133%

r.

11%

19%

22%

431/2

44 Va

44%'

133%

11%

*22 V«

129

43V2

43%"

43%

90

22%

128%

129%-

129

20

90

*22 Va

-

11%

2014
.90 >

*11%

201%

*89%

22%-

.

11%

*11%'

11%

*19%

,

33%

Nov

-

20

190

i

34%

144%;

10%

10%

May.

Oct 16

51

35% May 14

i

19%

Va

19

,"19%

10%

*142

27

36 %

13

132% May 14

.

148

35%

Jan

100

:

38

147%

19%
*111/2

29 >:

147%

38%
149

35%

35'4

29

.

11%

29

29

7%

*11

11%

*11

29%

38%

7%'

>,"

8

8

8

11%

*147%

'

144 %

*142

,

7%

29

29%
38%

38%
147

35

*33%

34%"

34%

38%
147

147

'

28'%

29 Va

29 %

29%

29»/4

38%
*147

*

*11

Jan

4%

21

.'5,700

•

.38'/»

Dec

Jan

,1,230

8

Feb

2

Smelting & Refg—_ :-_No par

10%
56%

11%

29

10

Amer

10%
56

.

17

3,500

10%

56%

8

Sep

Oct

3Va Jan

35
'

Ship Building Co„ —No

1.0%
56 Va

11V4

24%

Amer

10%
56%

>

Apr

470

10'4
56 Va

•

11%

600

1034

571/4

9

8

24

25

Sep

37/s

32% Sep

-1% Jan

Jan

28%

Dec

X36% Apr

:

.

Feb

_—A-*-1
par

Aug

~1%

.

lVs

1,600

10'4

56%

11%

Deo

;

S

10%
58'%

11%

Jan

14%

8

preferred--——A—50

preferred—100

6%

-I

Jan

9

,

f

10%

*7%

3%

~~%

————100
American Rolling Mill——!——-25
41/2 % conv preferred———100
American Safety Razor—18.50
American Seating Co,
No par

57%
•'

2

1

1%

38% Oct

2% May 26

•

Sep

9% Aug

;

.

19

22

Preferred

10%
T

9

Oct

% Sep, 17

10% Jan

13,900

58%

11%

NOV

7% Nov

16% Jan

$6

10%
*7%

"'■<

251/2 Jun

$5

58%

*11%

27

40 V4 Nov

160

,

% Jan

3V4 May 27

.

5

(3,500

6

Dec

6

3,200

17%

%

3

6% Jun

400

19

5%

7

.

5% Oct

lee———!— —No

Aug

95%

Jan

35% Mar

4,300

,%

16%

6

*150

160

%

18%

,

17%

5%

6

>

19%

17 Va

17%

5%

160

*152

156

*150

156

'

19 %

5%

6

25%

25%

r.|

Feb

43% Oct

"

in
■

-4%

78

preferred-!,-,——v—,50

250

116% 116%

25%

i.v

25%

%

■

20

1

17%

18%

5%

6

19'%

20%

20%

20%-

7 a,

.

117%

*116

117

25 s s

1

'

6
*150

118

118

25%
■

xl9%"

4

,

Locomotive——No par
Preferred
100
Amer Mach & Fdy Go„S——No par
Amer Mach & Metals——,-No par
Amer Metals Co Ltd—NO; par

,2,800

■

16% Nov.

7% Mar 11

2

Products.

Jan

19%

Feb

6

Jan

8%

Dec

9%

7
27

99% Oct

2

5%

Si,700

U'%

118

%

20%
18

86

12 %

4%

6% Oct
22% Jan

18% Jan

-

Nov

1

May

-1% Jan

conv

Jan

xl7

"J

4

American

1,000

86 3 V

12%

20%

26

,%■

86

,86

86%
X6%

13

3% May 25

% Jan

121

14% July

internat. Corp—i..
No par
American Invest Co of- III——4,-1

300

7%

Oct

1

Power,———No

23

115

9% Mar

6

2

6%non-cum

4,300

11%'

Jan

48

5

■

79% July

Feb

Apr

92

Amer

.

Jan

Jan
Jan

34% July

90%, Dec

95

■A Jan

American
...»

500

5

87-%

7

'

119

25%

8%

8 Va

1

11%

19%

*118

8%

45

95 Yt

Apr

107

2

par

For\v

&

American Home

,5,700
■

Mar 16

$7 2d
$6

400

86
,

7%

8 r'«

8%

8%

69

Aug

185

16%. Dec

Mar

24

American-Hide & Leather-,

8'%

'8'A

'A "

8

8%

110

preferred—,No par
preferred A-—:—No par
preferred!-!—!--——No par

$7
•"

2,300

40%

40

41
-

8

May 27

9

Amer

•2,600

,'"5

'*4%

5

4%

*38%

'

56

33

16'AJun

400

.

-

23

3

American-Hawaiian SS Co——V^IO

.(

4%

4Vg

4%;

4%

'

5

*39 Va

5 %

5

5'%
40

*38

40

.

6%

35

*34 Va

35

*34%

2
13

20 % Jan

105

pref.<?rred^^———,100
No par
Am Coal Co of Allegh Co N J——25
American Colortype Co—————10
American Crystal Sugar——10
6%
1st preferred—100
Amer Distilling
Co!,,————20
American Encaustic Tuing—-—2.-I
Amer European Sees———No par
American Export Lines Inc
1

600

1%

1%.

1%

1%

:

1%
35

35

Jan

73% Jan

May 26

May 20

3

Mar

16

Jun

,

130% Oct

Apr

1

55% May 21

par

700

50%

'

*5%

5%"

5'/4
*38

*1%

1%
35

4%

4%

49%

49%

50

*491/4

51

*1%
*33 %

20 "

fy Cable Inc.-—No

American Chicle—-,,—

<

36

50%

& Fdy
No par
!!j———?—100

Ca,r

Chain

I

.

2%

,

159 ;

?

34%

*2%.

100

Preferred

il,500

34

*33

36

50

35

-

34'/a
*32%

2%

*2%

2%

*33

35%

American
Am

600

Jaht

39

Dec

3,100

/'••»

Deqj

•

Dec

157%

30

>

4%

4 %

32 Va

*33

34

2% ■'"2%

"2%

2%

2% '

■

55%

3

,2,100'

39%

*38

4%
34%

4%

'

*2%
*33

13

v

,4%

32 Va

*

,34 VS

*33%

34

34

•\

33

35%,

*34%

34%

*4%

■4%

73% Nov

176/ Oct

I 100

1%

1 %

1%

38%

1%

39%

4%

5

5

5

56% Apr 29
Mar 12

1 % Apr

,

tPreferred

.72,900

7%

23%

23

23'A

'■

5

IV

2

*6%

7%

*6%

■

23

11,4

39

38%

:

10

—

•1,800.

15%
.

13

3% Nov

"

7 %

23

-

40

*38%

2

10

,1,200
s

:

*122 Va

Aug1

8%

Dec

130% Feb

—-

'1

100

>15%

2

*1%

3
*

22%

38%

1%

1%

i%

1%

71,4 >

"

14% ;

14%
*98

15%:

15%

15%,

15

15%

1 %

7%

23

1%

l'A

151/4

2 Va

*7

23%

*23

■

15%

1%

2%

7

■'

15%

15%

'

6

*5%

..

14%
100

100

"

15%

6

*5%

14%

14 Va
*98 /

20

*15

20

*15

26%

Jan

: >

20

5%. 'conv

>

15

9%

Dec

24

there,

47%

Dec

20

.33

t per

Apr

3Va

26

Nov

6% Oct

49

Apr

'"

-1,000

•i

120

800

91

91

5%

41%

9% Oct

14

3% Mar 11

Brake Shoe & Pdpar

1,100

*1051% 107%.,

*105% 107%
91%,
92'%

91
20

*5%

5%

14%

-

*98

.

*15'

20

14%

15

15

91.

/

18 Va

2

38% Apr

28

3,000

18%

■1.5% Jan

'

j

Highest4

A

I per share

share

per

Apr

470

67

18%

> Par

Note—,10

I

share

preferred———*—100
Amer Cable & Radio Corp——__1
American Can—
25

3,500

24%

24%

A

I per

SVtVconv

17,900

174

*66

67

18%

107%

*51/4

6 Va

*5%

'

*15

*105Vt

>

18%

90%

90V3

20

*15

20

18 Va

1071a

r—f O. tf5

91%

91%

91%

91%

18%

18%

18%

105.V4

.

24%
65%

24

66%

24%
*65

3%

,70%
*172

171%
24%

171%

v:.

•

Lowest

23

Am

280

71'A

3

3

70%

70%.

71

169%

.'A.',"-,.-.-

./-

/• '

,•

•

100-Share

Lowest

preferred-!-50
American Bosch Corp,————1

1,900

128

:,;/;>

1
Lot*
Highest

Basis of

On

6%

300

28%

28%
*125

EXCHANGE

.

Range lor Freviotu
Year 1,9*1
V.

Range Since January

...

STOCK

American -Bank.

180

5V*.

%

v-r.Z;

3.400

49

5%

126

3

3 Va

72 Va

168%

9 Vs

9 ViT

28'A

125'A

127

70'A

169

169

126

188%

73 W

72%

73%
169

127

2%

3

2%

3

2%
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*

Share*

48%

5%

*5%

28%

38

29

127

127

*126

127

5%

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5%

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28%

29

*28%.
127

5%

5%

-

48%

shar§

per

9 Va

48%

48%

48%

48%

share

9

9

9

9 %

48 %

*48%

* per

I per share

share

per

9

9

*48%

48%

48%

t

share

per

9

9

9
"

t

;

.

'

stocks
YORK

NEW

for

the Week

Nov. 20

Nov. 19

Nov. 18

Nov. II

Nov. 16

Sales

Frld|ay

Thursday

Wednesday

Twesday

Monday

Saturday

Monday, November 23, 1942

FINANCIAL CHRONICLE

THE COMMERCIAL &

1830

25%

Oct

Apr

5%

Jan

B

5%

'

6%

*5%

5%

29 V*

291/4

29'4

11%

11%

11%

6

*5

6Va

*5%

6

6 Vs

30

*28

*28

30

*11

11%

10%

11

*14%

14%

14

14Vt

23

*26%

27%

*87

.

30

22,% : !

11%

6 Va

*5%

30

10%
•

*5

29%

*28

11

1314

14;

22

22%

10A

12%
•

*21%

32

22 Va

*104%

105

*25%

28

*26%

28

*26%

28

87

87

*85

8%

8%

9

*20%

—'

.

*8%
.

13

13

90
9

*20%
12%

*86

*8%
12%

13%

11%,
5%

30

30

11

11

-14%

14%

*21%

*26%

28%

*88

92

9

8%

8%

11%

5 Vz % ' preferred-———
Barrisdall Oil Co__

8,000

.

Bath

*

Cigars Inc,——

300

Bayuk

25%

600

Beatrice

*26%
*87

*8%

28%
92

100

9

200

*12%

12%

12%

12%

_No

per
-25

"No

20

par
-50

103.

64

Beech-Nut Packing Co,—
"_No par
Belding-Hemingway—,,—

9
9

102%- Dec

106

Oct

30

24

28 %; Feb

32

Apr

110% Jan

10

Jun

126

Jan

9

Oct

16

20

Nov

9

2.
3

Apr

8

24

6% May 14

May 20

Dec

20%. Jan
57

19%

Dec

51%

Dec

89%

Jan

Dec

131%

Jan

No

par

pfd $2.50 div, series '38

.No

par

46% Mar 18

No

par

110% .110%
For

*110%

footnotes

see

111%

page




1839.

U0%

110%

110%

53

54

53

22%

22%

22%

56%

56%

57

110%

110%

110%

110%

110%

600

800

8,900;
800

Pr

Best

&

Co___———

(Del) —
preferred——,—

Bethlehem Steel
7 %

Oct

Aug

Beneficial Indds Loan——.

56 %

41%

10%

Bendix- Aviation— —

1,200

*22

Apr

50

6.300

14%,

*53

32%

54

34%

14%

V3

8% July
17

15V4 Nov 12

34%

54

Dec

39% Jan

15 Va

56

%

9% May 20

34%

23

6

10%,, Jan

5

15%

56%

108

17% Nov

34%

*53

27% July

Oct

15 Va

*22

10% July

Oct

34%

231/4

Dec

Sep

Sep

Feb

15

57V4

20

35

26

34%

53

24% Mar
31% Mar

July

9% July

105

15

53

22%

18%

13

Apr

34%

22'%

Dec

10.

14%

56

Feb

6

Nov

34

53

7%

13%

17%, Dec

20

15

23%

Dec

23

34%

57%

27%

Oct

15

23%

Dec

Jan

34%

56%

8 %

12

15

*52%

12%

12

18% Jan

35%
53

34

Apr

30.

15

57%

12% Sep

Dec

7

3

34%

23%

3 %? Dec

2

28% May 21
9% May 6

53

20

III

"

*22%
57 %

6% Jan

31% Sep 23

Mar 20

23% Jun

15

Belgian Nat Rys part pref—
Bell Aircraft Corp——

8%, July

6% Nov

15,% Apr 30

Jan

5%,July

Dec

25

8% Jan
12% Jun.

19

Dec

3%

9

4% Apr

Deo

2»%

27

12% Nov

24% Aug 20.

—1

3,300

2

.

4% Jan 28
7% Jan

6% Mar 25

—20

Creamery,,—-2

$5 preferred w w——.
Beech Creek RR—2—

Jan

—5

Iron Works. Corp—

22%

104.1% 105

par

Apr 15

-50

-

3,900
r

*21

*21

12%

100

30

Barker Brothers——

*24%.

24%

No

300

5%

22

.,10

Barber Asphalt Corp—

1,700

4

400

Conv

*21%

22%

24%

.,50

Bangor
150

12

14%

preferred—
—
& Aroostook—
5% preferred^—1—

4%

5%

G04V4 105

92

•

28%

6%

10%

24%

*20%

12%

*5

*28

11%

*29

13%

5%

5%

*5%

11%

105

5%
29%

11%

6%

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.

28%

11%

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*24%

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5%

25

24%

5%

5%

29%

105

13

13

22%
2.5

90

*8%

5%

5%

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25V4
105

*201%

'

11%.

*11%

*221/4

3%

29%

12

*25

12

3%

'

30

*104%

123a

5%

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*29%

•

3%

6 Va

6%

61/4

6V4

12

No' par

400

17% Apr

27

49% May 25
105

July

1

Sep

24

24% Jan

19

66% Jan

2

Jan

7

121

115

Sep
May

34% July

Volume

Number 4137

156

THE COMMERCIAL & FINANCIAL CHRONICLE

LOW

Saturday

Monday

ll

Nov. 16

Nov.

$ per than

f

♦251/2
*163%

.

26'A
17

6 '/a

*62

16%

*16%

163/4

16%

6%

61/4

6.%

131/4

131/4

*12%

93/4

,

.

'.

25%

25%

6 3/4

*8 3/4

93/4

♦62

16

16%

-

16

I6//4

15%

16%

♦36

37%

36%

3 6 :,/4

36

36

♦89

91

89

89

66

y

*16Va

,

13 %

"

13%

/

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64

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1

15 3/4

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•

63%/

68

I6V4I

;

353/4

36

36

•

36

-

■

•

16

' 1

i

•.

353/4

'

"

$ per share

Par

.

t per share

Bliss Si Laughliu Inc

5

11

No. par

8

Apr 30

12

Jan

Blumenthal & Co preferred—-.,-100

58

July 15

70

Boeing Airplane

13% May 20

36 V4'

Co--—

5

Bohn Aluminum &

1,200

,—-5
-5.

Brass„—

Year 1941

Lowest

14'% Jan

Blopraingdale Brothers-

7,000,

.?•

Range for PrevUos

Lot«

Highest

140

1

16%-

64

.

15%

>15%.

100-Share

140,

1

10

of

1834 Apr4
143A Apr

200

2,900

13%

Basis
Lowest

Blgelow-Sanf Carp Inc_,
No. par
Black & Deckei1 Mfg Co^.—Noi par
Blay-Knox
par

1,200,

<

e3/,

■

103/4

On

•

5%»

57/8

Range Since January 1

STOCK

300

■

17

•16%»
■

YORK

EXCHANGE

Shares

25%

25%

,

6

.•12%

•

\ht Week

1 per share

17

•:

57/b

6%

•11"

*8%

25 Va

NEW

21

153/4

9

Deo

31 V$

Dec

23 7/«

Aug
Sep

Deo

10%

Jan

3

13

Dec

18 3/,

2

10

Dec

17

Oct

Apr

7

70

Dec

90

Mar

21 Ve Jan

6

123%

Apr

24%

25 V#

7% Jan 14

3

*

May s2

38%'Oct

9

7?«

May 29

95'%-Feb

16

89

Dec

T

*35%

353/4

157% :
26 Va

26'/a

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16

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13

13

13

13

30

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125

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70

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17

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1,0001
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7

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For

15

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10'A

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40

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" 37

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•110% 112

28%

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100%

101

100 3/4

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66 3%

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37

37

«__ ■

-

.

;

66% Nov

•

9

.

13

53/4
laA

6

Nov

Dec

24'% Oct 26
6'A Feb

13

4'A

6

21% July 21
37/a Jan 14
10% Nov

2

Jan

100

July

7%

Apr

12

Jan

7% Nov

,

<■

Dec

94%

Sep

Mar

64 V.

Nov

11

Deo

1%

Jan

4%

Deo

7%

Jan

9% Nov
1Q7/# Jun
26 V# Deo

14%

Jan

17 Va

Sep
Jan

2

26

Aug 29

7% Nov
37% Feb

3

2

16

4% Nov

10

Deo

32%

9

;

40

Deo

1%

5%. Aug
39% Apr

Deo

.

3% July

Apr 29

37

Feb

5

33

Deo

41

>77

Apr. 14

89 ■>

Jan

28

79

Dec

28'% Nov

2

22

Apr

92% May
30 Va Jan

22'% July

2
2% May 18

543A Apr

'

117
30

Jan

Apr

3% Nov
74

24

23

H00

110

Apr

29

Apr

2'A

x

Deo

3'%

17

77'

par
^.100

6
66

9

43

Feb

8

112

Mar

Jan3

30

Deo

50% July

18%

Deo

293A July

26% Nov

13

95

Nov

22

87%
125

Apr

95

.

Nov

116% Mar

3

122Va

Deo

Deo

10 V#

Jun

Sep

20

8 % Jan

Va Aug 12

71'% Jan

5%
65

3

Deo

75

15%

Jun

22% Mar

9

1%

Deo

2

108%

Deo

1

Deo

>

23% Jan 27

27

31%

*81

83

*61%

50

*48%

50

*48%

39%

17%

14%'

105

*62

17%
105

14%
3

31 'A

16%

.*106%
*14

62%

16%
110

143/4

*

*

No par

110'A

10,100
•

400

Clark

-

C C C & St Louis Ry Co 57<r

240 /

Clev

300

Qlev Graph Bronze Co

230

,

5#

j

82

*62%

627/a
17
105

*106'A
*14

'31%

39%
32

*149
82 3%

*62 Va

62%

■16%
110

14%

16%
*104

16%

83

*62%

32

2,700
100

■

83 y4

1,600

.

Climax

627%

Class" A

17

*104

16 3/a

17%
105

16% \165/a
*105%

14%

*14

200

$4.25
*

110

.

i———

No. par

1

100"

33/4

3 3/a

3%

3'%

3'%

3%

3%

420

3%

3

3

3

3

3%

3%

260

143/4

14 3/8

14%

14 3/a
*14

14%

14%

14%

143/4

14 %

1,600

14%

14%

14%

14%

145/a

800

107%

Deo

18

Jan

36

3% Jan 27

31%

Deo

44 Va

Jan

98

93

Deo

102%

Feb

Apr

8

16

Corp

No par

;

Columb Br'd Sy» Inc cl AJ
Class B
1_

>100

Feb

7

2'% Nov ' 6

Deo

5

8 3% Nov

2

2 3A Jan

26

1A

133/4 Sep

16

7'% Nov

1

Sep
Oct

13/4 July

3% Mar

lVs Mar

6 V#

Mar

3

Oct

July

11% Nov

9

3%

Deo

3

9%

Feb

393% Jan 21

37%

Apr

19% July
44'% Jan

July 16

52

49

Apr

64

17% Jan

8%

Jan

Jan

5

% Sep
1% Sep

?8

A

Deo

A

24

%

Jan

1% Sep

25

A Deo
A July

%

Jan

8 V# May

July

Feb

11% Nov

9

133/4 Feb

27

2 % Feb

6

1

Dec

3

Jan

13

20

Deo

27

Aug
Jen

Jan

2

67% NOV

10

41%

Deo

72%

Jan

Jan

3

Jun

25

103A

143/4

Sep

Sep

8

Deo

Aug 18

Deo

14

40

Aug

2

Deo

4'/#

Sep

Deo

40'/a

Aug

Oct

85

Jan

115

Aug

34

Apr

3

Jun

6

393% Nov

4

29 V#

Mar 10

703A

72

03A

Feb

92

103/4 Aug " 3
99

25

112% Nov 16vh

109 %

Dec

103A
"

Feb

104»%

Aug

46 %

13

24

Oct

100% Nov 18

98

May

84% Mar 10

«1

Deo

84%

48%

Nov

50

27

Feb

44%

29'A Nov

50

Jan

26

44

Jan

5

36% Jan

:3

28%

Feb

333/4
105

Feb

Jan

fiep
Oct
Mar

397/#

Deo

Sep

7

142

Dee

148

Sep

83% Nov 20

78

Deo

106

Jan

63% Jan

9

60

Mar

25

740

July

Jan

_

149

22

Feb 25
11'% Mar 13
97'A Apr 25
10% May 7
96 " May
1

—No par

Colo Fuel St Iron

14%

22%

Deo

53A

470

par

Colorado St Southern—'—'—.—ilOO
4* 1st preferred.
_L
H00

14%

Deo

95%

55% Jan 28

.

No par
No

540

2d preferred-

14%

6

9

139

—No par

400

4%

29

9% Oct

56'% Mar 24

-100

2%

.

18% Oct

Jan

100'% Nov

77% May 14
4T
May 2
32% Apr 28
253% Apr 24

50

14%

.

21% Jan

92

—50

2%

.

Oct

28

2%

3 %

15

27

9

No par

Collins & Alkman
5% cofiv preferred

; 6

May 12
Oct 19
32
2'/a Mar 9

(The)—

preferred

Jan

Apr

437/e

No: par
No par

Coca-Cola Intern Corp
Colgate-Palmollve-Peet

3,900
800

Co

19

Aug 11
Apr 28

par

1
-100

gtd

gtd 4% stock
Molybdenum—

Coca-Cola

37'/#

107 % Jun: 15
May 11
22
953A May 15

Cluett Peabody & Co
Preferred

■

34% July
53% Jan

Apr

2

UVaJun26
lVaJan
3
20 > May 28

par

—

Special
2,000

*560

17%
105

*105'%. HQ
*14

50

7%

Deo

22%

No par

"

Clev & Pitts RR Co

39%

*149

8 2 3/4

*560

17
105

16'A

31%

*48%

39%

30

1%

12

67% Apr 17

(The)

preferred

10

pfd —100

El Ilium $4.50 pfd—

Deo

23

—5

No

25

Oct

par

-

97

35

% Jan
2
% Jan 2
% Mar 23
83% Jan
2

100

Equipment

4

Oct

47

1100

City Investing Co
City Stores

800

——No

Deo

13
33

——>—5

Corp„

City Ice & Fuel
6V2 % preferred

29%

83

.

—25

Copper Co——.

Chrysler

1,400

No

3
77

l3/a Jun
2
83/4 Jun
2
4% Jan' 23

'

—-50
——5

Co

Deo

July
Apr

12

Mar 30

3% Nov

% Apr
2% Jun

%

100'%

*81 Va

r

—50

Jan

17

89

par

40

-

3 3/4 Nov

4% Feb

5% Apr 22
27.% Apr 24

93

—>100

RR Co—No

29

4% Aug

95

15'% Sep 14

—100

>

Jan

3Va July

115'%

32'A Nov

23'A Jan

,

Cab

*2'A

14%




A—1

-

18

2.

Jun 26

—No par

—No' par

*28'/a

50

39%

,

'

.

Jan

3% Oct

2

11
Jun 29
2% Apr 14
82 „
July 6
27
Jan
2
l3/4 Apr 28,

*

,

2% Nov
110

Mar 10

.1% Jan

par

2%

*14%

1839.

31%
149

81

>■

90

>100

2%

3

*14%

page

"

*560

17%
105

*33/8

3%

39'A

149

*23/4

4

*3

see

39

31%

823%

:

1Q0'%

101

83

1% May 27

1

preferred—100

Sep
Jan

18

120% Jan

:

Feb 25

16

Jan

Nov

42

24

Apr
Apr

7

;

Jan

126% Oct

17
16

15

>

Jan

Feb

9

13'% Oct

16

Jan

76%

•-16% Nov 10

2

Aug

43%
11%

13

15%

33

23

Dec
Deo

6

6

Sep
6% July

Deo

V#

61

1

Sep

25~

Deo

18

2

2
25
16

July

4 Vs

Deo

9

llVsJan:
9VaApr
29
Apr
3% Jan
29% May

9%

Deo

5

14

82

preferred__T-——100

East 111

&

Chile

75

110 %

:

-

:'-29'%
)'

8134

*560

.*334,

footnotes

39%

82

623/4

23/4

14%

May

49

1% Jan

-10O

Sugar Co^_

preferred

Childs

.

98%

16%
165/a
*106% 110

,

12

53% Nov

13A Feb

preferred
—
-100
6 % preferred——100
Chicago Yellow Cab—
No par
Chlckasha Cotton Oil
—*0

500'

24% '

*97%

*23

*149

17

33/4

*14 3/4

Sep

20% July

8 V» July

33

Chicago Pneumat Topi——No par
$3 conv preferred—^—No par
Pr pf ($2.50) cum div
LNo par
Chic Rock Isl Si Pacific—
—100

•

900

98%

83

*104%

4

:

-

500

,

*973A

31%

*81

3

35'%

Dec

21% Nov

No par

Chicago Mail Order Co_

1,100'-

11%;

98%

85

31%

143/4

Deo

15'%

15% July

100

Chicago Great West RR Co
5 %
preferred———

•

200 ;

*973/4

50

31

163/4

■

.

No pa^

Products---

Class ,A

;

•

10%

90

383/4

1J0

Jan

23 V#

3

44

10

Na par

Preferred series A—

Chic
•

j

Va;

' %

65

♦48%

17%

•.

Mfg-——-.
—--5
Chesapeake & Ohio Ry—25

500

15'AC

10

*81

105

34%

95

53A Jun
t'

100

Cham-Pap & Fib Co-,——
6%

12,200"

il'%

64%

*560

*104%

Deo

■

viOO

de Pasco Copper—

6% prior

Checker

5,400

10%

100% 100%

63%

Deo

16% Jan »2

—5
—1

Co

4% %

Chain Belt Col

3,300'

66

112%

29

Cerro

Certain-teed

2'/a

10%

75

■112

*560

6%

503A Apr 14
% Jua
3

>

Jan

July

19'A Jan

2

Jan

Jan

5%
76

li%

10

-r10
-HQQ

j——»-—1100

1,700

7%

64

:

Lt

3,500/
720'

2%

40

$

83

Jan

—w—1

preferred__—

Preferred

7%

24

*149

81%,

26

118

Dec
Feb

?2

Oct

71 Va July 24

par

preferred—-——.

Central Vloleta

400

35'A

98%

40

31%

18

Jun

2%
61

2634 Nov ' 7

6

Corp——No

Foundry

\

40

73e Oct

25

6% Mar

prior

111

150'

9'A,

*23

*2%

36%

,

Sep

c109

27

Sep
Jan

153/4 Mar 30
25

4

Century Ribbon Mills———No

30%;

l%

; i3%

*33

50

12%

71% Oct

17

JCent RR of New Jersey—

"

%

1%

40

■

400 >

6'A

•%

*13%

*97

85

Deo

112% Jan .27
3
3% Jan

14

;

Central

200 /:
700

i8%;

11%

"

1

l3/a

98%

*81

7 V#

9

53% NOV

40

No: par

Central Agulrre Assoc

993/4

11%

*48

xk

.

13%

10%

*48%

2d

Celotex

-3 3A
94

95%

"/

2Va>

.:

-*35

48 3/4

11%

66.%

29%

23% Mar

56% NOV

43A Sep

Cov———

series

-7%

•

-

7%

6'A

.37%
'

l3/a

10%

100%

37

Dec

17

2 Va Apr

General Corp—

Central

-

%

'

13%

65%

*

*35

50

*11%

10%

*283/4

170

18'%

14% "14%

63/a"

1%

66%

115

250

2

-

7'A
2%
11 Va

15%

13%

10%

*100

37%
%

3/4

65%

*112%

2 Va"

1%

75

-

11%

-6%

233/4

*2%

~

,

nP/g

233/4

36%

14%

Jan

11%

Apr

19% Feb

preferred
7% prior preferred——'

1,800

35 v

"

15

243/4

*

2%

11%

143/4

*23 3/4

*33

2

13%

1%

*97

,95%

*11

13 5/8

1%

Dec

30

53

50

Mills-;.—-

<JT)

b%

IOO;

*8

95'%

•ni 12*

12

•.

35'A

7%

*6.%

%

3/4

,

*11%

7

16

8% Jan

.

—1

Cel&nese Corp of Amer__-

993/4

:

■

9'%

35

2

,7%

•8

%

.

2

Jan

8

5

"•

■

15%

*48

%

*%

100

9'/a

*93

1%

12%

15%

/

'

7»A

7%
2%

123/a

*12

Nov

14% Oct 23

11% Sep
2
16'A May 27
19% May
1
14Va May
1

100

—No

Caterpillar Tractor—

110-

;

*17%

'

,35%

*94

2%

7%

'

•

100

9

34%

9534

8

8

8%

34%

*94

2

2

*2

10%

1

17

5% Sep

%

35

23

10

Nq par

4,900 f

'

100

*8

95%

*94

953/4

Sep

Apr

52

'

-

4,1001

99

*323% • 33%.

3'%'
30'A*"

18%

•

Jan

par

'

33 V
:

30

30%

17%

-

Zinc—

Preferred

700

33%

*88% '

17%

34%

;

2,100

A

Aug

6%

Jan

>

2 Va
•'••

*3%

94

•32%

3%

29'A

33%\

*88'A

*18%

*94

-

12y8,; 127% "

18%

v

Cannon

130

173%

*3

r

13

*3'A

;

94

3

29%

'*12 7%

"

*97

173%

100

•

Case

7%

Oct

2%

Dec

•

2% Apr 24

Canada Southern Ry Co_^.
,T100
Canadian Pacific Ry—-j——^--25

>

Carriers &

70

-

2

2'A

V 3%

18%

,

70

*163%

99

*3

/ 3%

*3'A
*90

3%

29%

*2'%
*97

3%

*12%

94

3

30

2%
99

*3

13%

*3%
*90

v

2%

*97%

3%

13%

3%

29%

2%
99

*17%

*8

>

&

(A M)—

600:'

•

45%

Dec

—_30

preferred--^-'

Copper

800 1

95-

-7%

167/a

187/a

100

9434

,

-7'% v

Bldg 7% preferred

conv

'

;

Apr

1

Bros—+„——„^T_10

5%

69%'

38 3%'

38

47'% Jun

r160

,

200

118'%' 118%(

118»%"' 118% /V

94%

preferred

450

95

3

Va Jan J3
5
1% Jan

43

9% Oct

$3 preferred
Carolina Clinch & Ohio Ry
Carpenter Steel Co_r—

26'A1

'

'

-

21

103% Mar 12

,

Calumet & Heqlq. Cons Cop
^—8
Campbell W & >C Fdy<
No par
Canada Dry Ginger Ale^/——!— 5

21,400 V

253/4

*94

*17%: 173/4
*18%

20

38 % '

-•

:/•

95

Apr

Apr 29

3% Feb

California Packing
;
5% preferred—
Callahan Zinc-Lead__

1,300

:

Jan

%

Capital Admin class A—

3

41

2

200

',3

Dec

1

200

124 Va' 124%

*

—

26%

•69%"

r

38 •>--- '

25%

•-

94%

17

*3

33/4
94

3

3%

30%

>373%
■

70
•

*97

/

3%
13%

*3%
*90

94

3 2 3/4

2%
99

3%

4

*90-

17

2

*96

3%
13%

*13

*119

'•'■

-

"

■""•

124'%

23%

/

2%
99

*3%

70

17%

*17

.

-37

3%
69 Va

■

13.

16

:

71

*69

..

17%

69'%
124

25%

qp;

•'

*3

69%
124%'

25 Va
oqa

95

.*118%

,

3%

69

124%

35% Nov

>6% Aug 21

No par

85 % '•
:

2

7

Participating preferred---,
.100
Byron Jackson CO-V-—No par

38'%'

■•?

>85

*

Jan

Jan

•97/8 Apr

1

-

4'%

.

25%

28% July

-..—No par

^

35

*4%

*363/4'

t-

Deo

Nov

Byers Co

1,800'-

6%'

•

14'A

6'A Jan

y

2,700r

1

20

A Apr 16

—1

-

Va'

30

35-

■

4»A 7
38%

*25 3/i

36%

26%

95

3

2%

125

*

'

6V2

,'.i

-1-,

*

■

7

21'A Oct

1

Np par

Terminal

Butte

-

1,400

13 % 1

13'%

Jan

2

2'% Jan

.

'

,16%/ 16'%'
-

--—No

Co-————:
-

Bush Term

1,300

57-

7

-

6%
.35/

Forge
Co

Butler

300

203/4

Deo

12%

Bush

1,600

•'.?■%>

■

Jan

17%

Dec

Burroughs Add Mach—\.—No par

•

500 /

,

Wheel-—

Conv: pref $2;75 ser__-,
Cony pfd $2%0 series--

2,300

143/4.

-

39%

Deo

6 3/4

.

May 22

30

-.-100

Watch——
Burlington Mills Corp

20

20'/?

Dec

16%

9

-5

Bulova

1,800

>

28

30

9% Nov

26

G) Mfg——--—No par
preferred—__—
,_100

Buffalo

Sep
Sep

3% July

15'A Jan

Nq par
No par

preferred——

Feb

20'A Sep

(E

Bullard

"

*4%

38%

3/4

*28

*

•'6%

*333/4

28

*28

28%

4%
*36

30

-

6%

35.

*4%

*363/4

85%

.

*28

35

Budd

82%,

%

13 ',

34

>

1

^35% {'
,10

*53 V

*13%
,

7%

800

>

*16%
*28
6%

7%

'/#

Jan

29

par

Co

3'% Oct ^9
31% Nov
9

54

73% Jun

.No par

Co.,

Bucyru'i-Erle

I5o,

.

25
X15

—No

Brooklyn Uniop

Budd

7,000
;

—5

!—.15

•Bruns-Balke-Colleiider_.rj

30

f

AVv

.7 /

Bklyn-Manh Transit
Brown Shoe

*13/4

/

•57

•

■»%

'

1%

Briggs & Stratto.n,.—_No par
Bristol-Myers
Co
5
Brooklyn & Queens Tr_
No par

6%

203%
•

■

5

—

*78'%-;

t

14 3/i

*20 V*

57
•■

%

7%

;

3 S/8

81 •:

■

300

1

5%.

*20'/B

81

10

Corp

Roller Bearing Co
Brewing Corp. of America

100 .*

1

1

23 1

•,-■5

.

3%

203/4

*53
IJ

;

23

■5 i'"

Maj-

Inc_—

(The)--

Bridgeport Brass Co„———No par
Briggs Manufacturing-—.!--No par

46

20%

.

.,

•IS3/*.

20y4

57

%

3

3 %

82%

133/4

83/4,

*20 Va
-'

y

9%

*81

21

-,

*53

'.Ah

7

,

*93/a

14

21

57

»%

823/4

133/4

*

21%

*53

3A

9s/a

*78%

14

13,3/4

21

9%

83

3%

8%

'*40

-

21

200

52%,

23

5,

5%
20%
••

46

2.3

;

183%

57%

••',

8

Apr

300

263%."
-

•

*51%

3

*43%

23

5%

9%

57

23

3%

,X83

46

-

87

16

25

2,000 j
500'

.(

3

8%

.

9

Jun

4,200

13%,
22

*56%

52 3/a.

3

8%

•f

27% Oct

r100

Bower

420

:

1

13 3/a

*18

'57 "2

52%

7 'A

-

*25%

•

18%

*56%

.

3

20%

y

3%

■

8%

•

23%

14%.4-

:

•

23%

93/4

,

>

23%

-

83 %

:

•

.

*23%

<

33/4

* %

.

26

*25 Va

18%

-

2

Boston & Mainp RR_+—_/

Borg-Warner

3,900

:

t

21%

-•■

,

•

21%

26 %

52

7

7%
14

21%

'

19 3A Jan

200v

500,
3,200

•23/4.

*13%

'21%

21%

100
!

67'A-

6%

14

21%

,

"

109 Va

•

23/4

...

23% July

Dec

1,000-

6%.,

67%
*107'

67'A

26%

.

21

213/4

9%.
13 %i

2%

*17%

*40

5»/4

*53

14

213/4

3

5%

*14

15

7

Dec

18%

.12,200,
1,000,

293/4,

66%

18%

■

.

9%

'

'■

i

2%

65

6 ye

52

-

23%

*80

*14

7

-■•

■ll;
1 Va

:

9'/a

..

Apr

17

7

500

65%

27/u

<

26%

•

*23%

*33/a

15

22

3

46

*20

7

>107-

109% -

2%
62

26%

9

.

3

2%
64

-

38

7

22% Oct

1,7O6!

"

7

•

5

17'A Jan

400

13%

109 Va

40"A Jan

18 3% Mar 31'

par

Stores

Borden: Co

'

1

*29'%

13%

67%

7

*107-

*56

521/4

*40

2%
63 %

,

7

•

9%.:
29%-

-

*13

30% Apr 28
13 Va May 20

3,800

ll

1%
••

•

Jan

Jan

---15

35'A

•'

••

Va

35

111%

—1

34'/2,

r

35

Sep

.>>:

Bond

2I%<

34'/a

■r

1

•18%

56%

52%

7%
109 y«

21

-■U

*29%
,

.

-9%

Oct

Jan

300,

:

.

197/a<

«9%

Class B

,

2,900

'AC

30%;

-..

*17 1

1

35%

9%

9%
13%

30 Va

;

1%

29%

13%

7

7

22"

,.

*18 3/8

■9%
29 S/8

2

-2%

'

,

200 •"

1,400,
2,900,

,

26,

■

35%

r

*%.

v

■-

: ,

>107

3/

*14
r

.

9%
30
-

■

aa

1

•

•'.
v

21

n *

353/4:

26

.

Bpn Am.1 Co class A------tJVo' par

30

(

*15%; 16'At
213/4v 213/4,

30%

35 Va
*35

•

in
T

•

1

?

89

-

*35 i

.

•?%■"-

„

2Q3/4

35-

;

.*17
t.
19%
9% ' '9%

:

35%

*%

•

-

*2%

21

13%

%

13%

.•

63

7

22

*29

109%

63

15%

/

7

,

109%

7

15%
22

9%

93/4

.

-ll
.1%

26

30.%

'

9%

.1

35

•

25 %

19,%

9%

21%

89 /

■»

16'a

'•

21 Va

,

31%

*34%
•

*15%

.•••

2%

.1-

20%

35

*3,8

■

%

35

*1

■

13 3/4

3

9

*2%

21

*34%

30/

63

*6%

*17

20%

1%

9%.

109%

63

197/a
-

.35

•13

,

7

.

*109

*30

9%

;'

♦29%

133/4

(

23/4

•

35.
'3 35

*1

30

*

*13

26

*%

ll

'9%

,T-

25%

31%

20%

35

;

26

*17

'

95/«

/ 35

,

•21%

*2%

,

19%

20%

37.

♦34 Va

-16

*29%

9%

-

16

21%

,'

89:-,\

-

•35%.? 35% W

-35 %

.35

16

21%

26

2%

!

353/4

15%

30

♦17
.♦

*88

21*%

i

26

2%

90

,

*35%

.

15,%

30

19 %

*9%

.

2\,%

•

31%

'

I

,

353/4

,15%
21%
*253/4

21 %

t

*88

«.

,

353/4

15Ya

21%

•

,

I per than

5

,

19% Jan 28

21

% Jun

25

27'% Nov

2

Uigheat

I per jshare

29

Sep

■

.

66

17
■

*12%

10%

'*62

66

'

25%

Sales' for

Nov. 20

«

S per share

25%

6

13

Friday

,

Nov. 19

253/4

26

,

STOCKS

Thursday

Nov. 18

# per share

16 3/4

.

6 %

13'A! ,13 Ms
*9%
11

PRICES

Wednesday

I per snare

26

•

SALE

Nov. 17

share

per

HIGH

AND

Tuesday
,

1831

470

% Apr 16
1

May 19
Va July 10

2.50

8'% Apr

2.50

8 3% Apr

17
24

Feb

,

633/4
740

17'A Nov

,9

10 y#

Deo

16

105'% Jan

22

100%

Feb

106

18 3/4 Oct

13

Deo

11

V*

30%

Not

July
Sep
Nov

Jan

Nov

9

105%

Deo

114

Mar

18 Va Jan

26

12%

Dec

20

Jan

4% Sep

22

%

Deo

1%

Jan

Deo

3%

Aug

Dec

2%

Sep

106

13% May 21
'

Nov

,

5% Sep
5

Sep

22
21

1

%

15% Nov

6

11

Dee

21%

Jan

15% Nov

6

11

Dec

21

Jan

Monday
Nov. 16

Nov. 17

2%

2%

2%

2%

44%

42%

43%

41%

■•37%

;

37%

77%

10%

10%
33%

33 %

29%

30%

*104%

♦105

110

32^8

9%

Ji

33

26%

27

297a

*105

110

*10574

110

30

31

106

106

100

107

*106

9%

3®a

31%

32%

303/4

317a

31

317a

21%

21%

21

21%

203/4

21%

207a

21%

21

2%

23A

*23/a

23/4

*2%

23/4

*23/a

23/4

167a

16%

167a-

18%

183/a

187a'

*11%

*2%

16%

16%

16%

16%

16 3/4

17

167a

163/4

18%

18%

18

18"%

18

18%

173/4

183/a

187a

*11

87%

*90

92

,

117a

*ll3/a

*82

87

*82

86

*81%

85

90,

*90

92

*90

92

11%

11%

*83
90

4%

4%

15%

153/s

15s/a

91%

92

92%

92

93%

*89 3/i

,91

91

92

47a

4,400

157t

15

157a

903/4

90 3/4'

%

474

S/8

S/8

3/4

*8

8%

8

8%

*73A

8

*73A

2%

*2%

27a

23/4

23/4

*2%

3

2%

2%

6%

7%

67a

7

67a

65/a

63/4

6 3/4

7

7

*5

5%

*5%

86%

8 3/8

387a

*37

87%

86%

86%

867a

86 5/a

86

15%

15%

1574

15%

*3%

37a

33/4

37a

98%

*97%

3%'
*98

26%

26%

27

41

26%

21%

263/4
6%

267a

26

7

*6 7a

403/4

41%

407a

4%

4%

4 7a

26%

25 %

*173

174

172 7a

17374

*37a

33/4

3%

%

3/4

74

,

Sep

203/4

*1972

20 72 :

157a

Apr

97a

9%

9%

•

.

*45

475/a

9%

18

18

38%

38%

38

11%

113/8

1178

117a

81%

*80

35

353/8

35

75%

75%

76

10%

*10%

75

1072

10%

77a

7%

77a

10%

7y8

*97

20

99%

1%

107a
197a

19%

*18 7a

99%

997a

9972

*9872

32%

18%

18%

8%

8%

8%

1%

22,600

1874

1874

173/4

173/4

173/4

177a

8%

8%

874

8%

874

8%

87a

22

*91%

21%

22

217a

217a

*917a 100

100

213/4

22

*91%

100

2274

*9172

100

100

47,200

84

*76

84

*78

84

84

*76

84

17%

*16%

1674

16%

16%

16%

16%,

*1674

16%

167a

374

33/4

*3%

33/4

*3%

.33/4

*3%

33/4

183/4

*3%
>16

183/4

12%

123/a

127a

*76

5%

conv

Jun

Cuba RR 6%

,

Preferred
5%%

4

Press

% %

Curtis Pub Co

Prior

Curtiss-Wright

15

98% Nov

10

88

Deo

107

Jan

16% Oct

9

10%

Deo

19

Jan

4% Jan

9

July

Class

9% Oct 23
5

15

Deo

27 7e

Jan

Jan

8

38% Dec

457a

Jan

Apr 27

127a Sep

10

Deo

153/a

Jan

May 19

887a Jan

25
15

80

Deo

94

39% Nov

4

28

Deo

47%

Jan

Nov

7

737a

Deo

98%

Jan

1374

Nov

9

41

Jun

25

26

Jun

29

Jun

13

747a Jan

2

88

84

5

13

133% Jan

Feb

Nov

20

14

Deo

16%

Jan

19% Sep

12

12%

Deo

25

Jan

17

98

Deo

89

Deo

Oct

1% May
3%

Feb

87a

72

Feb

127%

Sep

41%

Feb

77

Deo

8

Sep

14

3/a

Dec

327a NOV

12

13%

Deo

45

20% Oct

15

16

Deo

343/4

57a May 20

97a Jan

6

Deo

10%

Sep

Jun

2

2

6%

17a

Jan
Jan

Feb

Jun

24

25% Jan

12

24

Deo

29%

Jan

80

Jan

19

95

Oct

23

80

Dee

90

Aug

44

Jan

17

81

Nov

9

42%

Feb

4774 Mar

127a Jun 22

18

Oct 21

14%

Deo

20

1

18

pfd
100
.—No par

Cutler-Hammer Inc

3

30

12 Jan
12

—1
—

27

Jun

13% Jan

137a May 19

par

No par

A

Jan

997a Nov

18

14

9

Mar 14

90

Oct

140

8 3/4 May 29

30

—

Jan

17

Dec

100

preferred..

Jan

197a

11

—

No

Jan

7a

5

100

....—

Jan

47a

A Dec

19% Feb

(The)——,—No par

Preferred

182%

2% Deo

147a Oct 20

—

Inc

preferred

Mar

10

87a Jun

—

preferred

Sep
Jan
Deo

20

88

preferred—.
100
preferred——100
Sugar—.
100
100

conv

X54

Nov

iii

Mar 27

63

Cuban-American

-

400

170

Oct

% Apr

3% Nov

179

8

77

No par

Crucible Steel of Amer

$8 preferxed—

16%

84

*76

2

-

10

conv

Cushman's Sons Inc 7%

*16%

42

32

preferred—....No par
Crown Zellerbach Corp.
—5
$5 conv preferred—
No par
$2.25

3,800

*76

9

9

,

233/4 May 20

Crown Cork & Seal—.——No par

2,100
.

553% Jan

Crosley Corp (The)—.—No par
'

930

187a

17
Apr 17

1

Cuneo

30%

62%

2

Cudahy Packing Co———

1%

Deo

53/4 May
1474 May

40

307a

28%

12% Jan

1,800

1%

10

103/a Apr

25

3,400

30 3/8

367a Nov

J2 Apr

conv

10%
100

1%

31

;

187a

*10%
*9872

24

85

600

;

66 3/i|

preferred—..
—100
Cream of Wheat Corp (The) ——2

5%

10

88

*173/a

19%

2,800

30%

1%

1%
31

32

857a

10%

280

7%

Jan

Deo

27a May 22

,_1
1

—_ .... ...

Co.——.—

Crane

1,000

11

103

103

100

9,200

777a

7%

8%

2274

*91%

13/4

%

19%

*98%

100

2,100
60

1874

8%

22

22%

1

31%

19

18%

100

,

1%

32%

32

107a

85%

10%

10%
19%

10

%

1%

1%

32%

*91%

10%

10

19

*98

*82

857a

,;*82

10

10%

*18

22%

8572

*82

85%

*7574

103

300

187a

48

Apr

159

—100

Inc

Internat Corp

1,300

353/a

774

*97

.

82

107a

*7

103

*97

103

*97

19

*10

*98

7

7%

103

*82

85 Vi

*82

*■

*97

103

*1078

10%

10%

7%

;

1174

*80

7772

76

77

77

80

77a

9

Deo

30

4274 Apr

Preferred

600

38 74 +

Jan

5

517a Jan

25

Refining

Coty

300

18

23%

12% Jan

13

237a Apr

Coty

290

11

11 3/8

%

21% Nov

29

..20

300

6,000

3874

18

38%

29

87e Apr
Mar

200

18

18

40 7t

35

10%

*83/4 !'

87a

*83/4

9

18%

*38

50% Apr
45

Products

Sep

27

17

of Del

Oil

1,100

37a-

8
23

—5

Corp...—.No par
Copperweld Steel Co..
.—5
/ Conv pref 5% series——.—50

1001

174

*33/8

3%

23/4 May

—1

Continental Steel

1,600

v

475/a

174

174

3%

81%

79

Jan

Nov

: is

347a

40%

27%

16%

81%

1093/4 Nor

Deo

Feb

163/a

3672

Jan

21%

9

17%

16%

82

July

28

4

16%

35

29

Nov

16%

82

21% Apr

Continental

*163/8

363/8

79

Jan

Aug

5,300

167a

82

103% Jan 28

Apr 28

574

253/4.

*16 3/8

35%

2% Deo

257a

16 3%

82

4

257a

16%

83

47a Nov

July

16% July

Jan

16%

36

Deo

4%

98%

36

11

Deo

*16%

*82

24

30

106%

2%

13

1172

163% Oct

7% July

Deo
Dec

5

973/4

11%

14
93

4% Nov

12-/8

*11% ; 11%

6

15

Motors

973/4

*83/4

Feb

Nov
Nov

Continental

13

974

2%

9
39

96% Jan

Jan

Nov

13,700

973/a

*8%

93/4

43/a

123/4

,

Feb

43/8

973/8

9%

77

3/4

7

6% May

4%

13%

40%
113/8

13

Dec

4%

98%

183/4

874 Jan

July

37s

5

10

7a

9%

33/4 July 30

11

-

457a

*97

18%

9

Deo

1% Dec

Feb

133/8.;;

*38

77a Nov

3

Feb

98 74

9%

26

47a May 13

7

8

Oct

Apr 14

17a Jan

6%

13

40%

Jan

3

7

1% July

Dec

35%

98%

19

9

%

7

13

-

Jan

3% Nov 17

8% July

15

98%

,

Jan

1973/,

Jan

13

*8%

23%

Deo

3% Jan

98%

*38

Deo

8

13

*18%

2

Deo

X82

42

74

13

18

28

*98

12%

4%
11%

4

Jan

22

174

37a

%

% Jun

:

16% Nov
94

9

57a Sep

Corn

3/4

14

11
25

Jan
Jan

3074 Apr

4,800

33/4

7% Jan

Sep
Apr

103

—__$2.50

54%

172%

May

Insurance

54

%

80

Diamond Fibre.——5

54%

*3%

172

3

Continental

54%

3%

973/a Feb

Apr 20

Continental

543%

54

973/4

4

20

Corn Exch Bank Trust Co

543/4

Dec

500

2,550

5474

157a

77

1,700

35

543/4

Dec

24

67a

347a

353/4

5

Feb

40%

,

343/4

54%

Nov

117a Apr

.100

.

Deo

Jan

12
89

78

—25

Inc.——

34%

35

174

preferred

353/a

54%

*3%

Can

8 %

97i

2374

,

253/4

347a

35%

*170

Continental

Deo

83

Continental Bak Co.——.No par

6,400

18%

Jan
Jan

4

93/a Aug 15

113/4 July 6
274 Apr 29

7

30%

1187a Aug

Dee

7474 Aug 19

7

Corp of America

13 74

217a Mar 25

'

2

35 s/8

54%

May 20

-

21

46

35

15

May

46

35

Deo

274 Not

177« Nov 10

Jan

67a

*45

477a

*45

20

7

11

657a July

407a

9%

97a

974

0

33/s Jan

.

Dec

67a

*20

21

*20

9%

233% Jan

3

22

Jan

46%

*46

46%

*46

74

Deo

17a Jun

7%

117a July

Deo

39%

43/8 Jan

1,800

.

7a

6

407a

•

21

9

98

7a,

25 7a

8

Jan

25%

■■■■

253/4

25 7a

26

*20

93/4

9%

*97

2674

8

ii Jan

82

1,900

•

.

1074 Oct

.127a Apr

25

Container

Jan

110

Dec

4472 Jan

•

Oil

preferred—.—.

Oct

377.

Dec

Jun 26

aa

17% Apr 29

'

1047s

Dec

19%
100

Oct

40%

43/a

21%

*20

10

*9%

33/4

774 May 12

22

conv

96

1057a Nov 19

217a July 31

100

5%
x

..

67a

■

4%

25%

26%

*20%

15%

33/4

xx,'

37a
98

26 7a

407a

'4%

4%

•

*977a

98

41%

41

41

4%

1574

J

67a

67a

15

15

*33/4

33/4

420

74,;

Mar

6

tConsumers Pow $4.50 pfd—No par

200

86

Aug

31

13

5

Consolidation Coal Co—

1,500

853/4

867a

15

37a

*97%

267.

27

6%

7%

*6%

98

*9772

98

'

•

*86

287a

167a Dec

Nov

par

—

77a

21% Apr

Nov

No par

'

Corp.

474 May

27

31

/

Jan

Apr
July

Oct

106

Corp.—No par
Consol RR of Cuba 6% pfd
100

5%'
8%-

Laundries

Consolidated

32,400

38%

*37

385/a

86

143/4

15%

3%

*15%

*367a

$2 partic preferred

Consol

1,200

67a

87a

8 7a

387a

'■

3

83

Deo

Jan

Nov 17

2

„.5

N Y——No

of

64

1174 Oct 19

29

$5 preferred
:
No par
Consol Film Industries——
1

500

77a

*5

5%

8

874

874

83/a
38%

*5

5%

*5

53/4

8%

*38

39%

*5

57s
39'/a

*8%

8%

■8%

*38

63/4

77a

8

Consol Edison

800

*2%

,

i

900

*.3o

■

%

8%

%

Consol Coppermlnes Corp.

18,400

9174

43/4

*8

%

30

91

tV

43/4

\ I

L

preferred
6ya% prior preferred—

72

27

2

:—1
No par
100
.100

7 %

827a

35

2

2074 Jan

—No par

Consolidated Cigar.

30

15

\y

47a

*2%

*A

700/

47a

Dec

42% Nov

7

917a Apr

Co—,—25

Highest
I per share

Dec

43%

17

Nov

8

—No par

Consol Aircraft Corp_

78

10074 Mar 17

Congoleum-Nairn Inc.—--No par

5,300

457a Jan

1

Jan

No par

Edison

1

Jan f 6

167a Jan

No par

Conde Nast Pub Inc

153/a

1574

*903/4

Commonwealth

14,200

11%-.

5 7a Jan

< per share

27a Nov 14
54

Mar 16

24

'35—:5—No par

ser

$6 preferred series.

25,900

84

84

Sep

51

Commonwealth & Southern—No par

v

92

47a

47a

4%
15%

5

15%

ll3/a

11%

4

.100

preferred—,

pf

conv

Commercial Solvents

"

11%

87

11%

11%

*84

*91

217a

32%

—

Year 1941
Lowest

I per share

14

par

Pictures

conv

$4.25

4,700

•

.

4 74 %

•

33,700
32%

317a

No

Sep

29

par

Range for Previous

Lots

Highest

30% Sep

100
-100

Co——No

Carbon

1

No par

Comm'l Invest Trust

2,000

tV

167a

5

7a

9

9%

9/8

&

100-

.

Par

$2.75 conv preferred—-No par
Credit——
—10

9,600

:

•-

100-Share

f per share

Commercial

7,000

♦105

3074

*2%

3

15%

26%

26 3/8

105%

972

9%

9%

9%

Columbia

100
'

297a

3074
108

5%

1,100
<

26%

263/a
;

110

*105

33

/

•

preferred series A__
preferred
—...

Columbian

900

97a

X97a
*32

6%

300

.

,1057a

267a

2672

•

31

32

*32

21%

*2%

10

*31

&

33

"21%

10

333/4

X78

.

Columbia Gas & Elec

1,900

78

lO'A

110

9%

*76

1074
*32

30

110

9%

*95/a

>

30%

*35 7a

78

78

33%

1
<

37%

36%

7772

363/4

41
39

Basis of

Lowest

-

45,200

2%

2
41

*105

110

*105

110

30%

*32%

26%

26%

26%

26%
*105

27a

413/4

*3572

10%

10

10%

33%

2

41

78

77%

77%

77%

77%

10 %

*32%

27a
413/4

37

37

38%

37%

2

42

Range Since January 1
On

STOCK

EXCHANGE

Shares

f per share

share

41

2%

2%

43%

t per

$ per share

I per snare

I per thart

# per share

NEW YORK

the Week

Nov. 20

Nov. 19

Nov. 18

Sales for

Friday

Thursday

Tuesday

Nov. 14

Monday, November 23, 1942

STOCKS

HIGH SALE PRICES
Wednesday

LOW AND

Saturday

:

FINANCIAL CHRONICLE

THE COMMERCIAL &

1832

No par

'

July

D
*3%

3%

*3%
*16

*16"

18%

12%

12%

12%

22%

22%

v

213/8

*

109

*107
8 3/4

<

„

127a

1274

127a

83/4

8%

223/8

2274

■

109

*108

8 3/4

*8 7a

8%

*8%

109

*108

109

*108

*16

183/4

*16
x

108

83%

9

21%

213/4

293/4

293/4

2,900

*11%

127a

200

9% •'•:. 93/4

93/4

93/4

2,200

Delaware

3%

3%

3%

5,900

Delaware Lack & Western—...

%

://./ %

A

/-XX 500

10%

93/4

9%

97a

9%

97a

xx

3%

3%

3%

374 /

3%

374

3%

./;,■ 3%

■;./

3/4

*78

%

*3/a

1774

17%

18%

18%

23%

23%

*2374

24

*2374

24

*36%

37%

*3674

37%

*3674

37%

*9

9%

87a

9%

9%

•

2178

22

*217a

22

% 7/

74
173/a

173/a

17%
*35

40

1772

17%
40

173/a
*35

7,500

24

*36

88%

*86%

887a

*9%

9%

9%

974

*83/4

87a

83/4

83/4

700

21%

217a

217a

1,200

87%

*8672

87%

100

9%

200

25

59%

58
*120

16%

16

*15%

131%

117%

9%

*9

35%

353/4

36

35%

3472

34s/8

22%

23%

23

23

13

13%

13

133/4

74

56%

1233/8

1183/4

1193/4

*1193/4

*153/4

16%

1578

153/4

15 7a

58%

56

16

53/8

5%

57a

56

57

*53/a

6

*5

*93/4

10

*93/4

10

*97a

120

*115 7s

120

*115 7a

97a

*9 7a

*115 7a

120

23

1,600

14%

563/4

57

16,500

6

>5%

97a

97a

120

*1157a

Match

Class

95

300

6
X

Dunhill

100

Duplan Corp

120

8%

129

1287a

X127

129

6,050

1267a

*126%

127

*126%

127

400

$4.50 preferred

117%

117

117

*11672

117

117

117%

*1163/4

117%

*1163/4

117

190

Duquesns Light 5%

*178

185

*178

33%

13%

13%

29%

29%

11%

12

!

293/s

297a

2974

297a

28%

29%

4

4

37a

37a

*33/4

139%

139%

1397a

1397a

1397a

185

180

180

180

180

184

33%

29

37a

139%
*180

337a

3374

333/a

33

33 74

*33

29%

37a
*178

33%

3,100

37a

700

14074

140

2,900

181

33

337a

Du P de Nem (E I)

Mills
(N.J)

11%

6,000

Electric

l3/a

1%

*17a

1%

1%

1%

1%

1%

1,000

Elec St Mus Ind Am

1%

17a

1%

1%

1%

1%

1%

1%

6,000

30%

307a

31%

3174

30%

30%

31%

31%

1,100

28

28

28

28

28

28%

500

33

1%

1%

1%

1%

1%

1%

32

31%

31%

*28%

29%

29%

297a

*27

*34

32
-

.

*27 7a

.

$7 preferred

.No par

..No par

...—

$6 preferred

—Z ..No par

34%

34%

3474

34

34

34

34

33%

3374

34

1,100

23

23

23

23

23%

23%

23%

233/a

*23%

24%

*2374

25

700

Elec Storage Battery- .No par
—3
El Paso Natural Gas

44%

44%

*4374

44%

*433/4

44%

*433/4

44%

•433/4

44%

100

Endicott Johnson Corp

109%

2%

*433/4
*110

110

2%

44%

110%

23/4

23/4

110

110

2%

*56

57

57

57

62

61

61

66

*65

66

65

A

x

For

footnotes

see

page

T

1839.




27a

112

*2%

*110

112

80

2%

2%

27a

5,800

58

*57

*65

2%

*110

*56

583/4

*56

59%

*55 7a

573/4

200

603/4

58

*58

23/4

112

►110

*57

603/4

*57

603/4

*57

60

100

65

*65

67

*65

67

30

65

A

65

A

Ar

Ar

A

t

1,200

—

5%

preferred

Engineers Public Service
$5 preferred
$5% preferred
$6 preferred
Equitable Office Bldg

237$

Jan

703/4 Oct 21

5974 Dec

12

ylllVa Sep
128/a Dec

126

Nov

163/a Oct 13
Oct

23

10% Nov

6

6

Dec

July 27

105

Aug

7

2

2%

Dec

17% July
79

Jan

14174 Jan
23%
6 3/a

Jun
Jan

103/4 July
117

Jan

13674

Dec

1643,4

7

120%

Feb

127

Deo

6

•!•'

111% July

118

May

34

Jan

30% Oct 23
47a Nov

7

24

May

17a

Jan

Sep

Nov

7

160

Apr

182%

Jan

27

Dec

367a

Jan

7

3474 Oct
8
15 / Jan 21

Feb

2

3074 Oct 20

17% Dec

177$ Sep
337$ Jan

2

13% Jan

10

24

5

14%

Dec

Jan

17%

Jan

•A Feb

16

1% Nov

9

%

Jan

7a

Aug

3% Jan

2

1% Nov

2

%

Dec

4 3/4

Jan

17 V4 Apr

27

3574 Jan 23

27%

Feb

397a

Nor

15

Apr

23

323/4 Jan 23

23%

Feb

36%

Not

29

Jan

2

347a NOV 12

26%

Dec

shares.

Electric Power & Light

Oct

May

180

Boat——,—

11%

377a

574

Oct

900

2,300

Dec

145%

10 % July

133/4

29%

323/4

Dec

11'

133/4
283/4

9

Nov

120% May

207a Jan

11%

37

187# Nov

7

...3

28%

10%

May

x

Jan

...5

13%

28%

11

Jan

7

9% Nov 10

141

...2

1374

287a

103/4

■

1%

2

(The),—

1374

28%

,

17

Electric- Auto-Lite

*1272

11%

Jan

86

Aug

Edison Bros Stores Inc.—.

13
29

Jan

18%

Dec

Jan

May 16

11

107$

125/a May
65

Nov

26

13

Apr

9

5

118

...4

287a

67a

9

Nov

87

127

1,000

11%

9% Feb
22% NOV

144

Mar 28

133/s

Jan

120
Apr 24
111% Mar 14

170

29%

133/8

Jan

41

120

.100

11

297a

Deo

8

preferred
Eaton Manufacturing Co.—.

*29

Dec

17

Apr

cum

Sep

Apr

33

x974 Dec

108

6%

20%

257a Nov 12

L .No par

30

2374

1274 Deo
21

26

163% Apr
274 Jan

Sep
Deo

39% Aug 24

Feb

.—5

Rolling

Eastman Kodak

tV

14% Nov 20

28

Aug
74 Aug

16%

14

9

Jan

July

6 ®/4

2774 Jan 19

Jan

.—1

Eastern

14

Feb

.':>■'

27

102 3% May 20

20
—No par
1st pfd—100

Eastern Airlines Inc..——

Jan

Dec

2%

Sep
Aug

16

21

183/a

6

7

Oct

8

& Co

22.

37

307a

Dec

23

May 21
29

23% Apr

17a Sep
18% Jan

Apr

9%

47a Jan 27

112

—.—100

preferred—

1287a

7

Apr

137a Mar

No par
—1
No par

International—

1267a

4

Apr

51

131

29

8

No par

127

139%

167a Apr

Dresser Mfg Co——:—

129

4

3274 May

Dow Chemical Co.,——.—No par

Douglas Aircraft—

5

73/4 July 17

ANo. par

126 3/4

29

Jan

70

Doehler Die Casting Co.—__No par
Dome Mines Ltd
No par

1317a

138

63/4 Aug 24
16% Mar 7

:

Corp-Seagr's Ltd
No par
5% pref with warrants——.100
Dixie-Vortex Co.
—..—No par

12678

4%

2

Distil

1267a

29%

.25

Diamond T Motor Car Co

1307a

-

18
Apr 28
3374 Apr m

.No par

..

Sep

Jan

28%

19

—No par

128

128

11% Oct

800

15%

97a

2

5

'

15%

Jan

7

27a May 21
33
Jan 23

114

Feb

5

100

8%

27

6

13 7a Nov

700

3,100

120% 1207a

157a

307a Nov

.50

<

18%

1

25

Jan

partic preferred

1097a July

8
14

97a Apr

„

Deo

19

9

16

187a Apr 29
257» May 12

par
.20

Jan
Nov

24% Jan

110

Mar 10

47a Apr

14

130

13%

56 7a^

122

36

*22%

102

2

131%

138

*1%

*8 7a

121%

58

138

33%

9%

*1157a

10%
120

29%

4%

13

1243/8
.

87%

*9

137a

23

13%

9%
237a

*3472

35%

574

5%

5%
*9%

►126%

13%

9%

24%

124%

59%

►115%

23

13%

13%
►120

*34 7a

35%

•;

24%

*87

87

87

Oct

16

6%

21%
*87

Sep

11%

Oct

363/4

83%

18

Apr

147a Apr

Diamond

*23 7a

37%

Deo

6%

37

500

233/a

14%

16

..20

Devoe Si Raynolds A.

23s/a

2%

26

pfd—. 100

Edison..

400

>36%

21%

...

IDenv & R G West 6%
Detroit

17%

237a

10

173% Oct

12% Nov

.10

Hudson.,

*16%

3774

83/4

&

173/a

*36%

21%

87a

—

Deisel-Wemmer-Gllbert

Xl6%

237a

22

Preferred

3'% Jan

7

Detroit Hillsdale & S W RR Co. .100

177a'
40

v

*86%
*34

*%

17%

■

*35

177a

17

18%

17%
40

*30

40

18%

*21%

*11

.

173/8
*30

—.No

Co

123/a

10%

%

St

293/4

11%

17%

Deere

4

Aug 12

8

...1

...

293/4

297a

11%

6,500

Records Inc

*11%

293/4

12%

40

21%

Decca

123/a

297a

127a

*%

2174

4,400

297a

297a

12%

17%

9

27a Apr

157a Jan

.—1
100

—

Dayton Pow & Lt 47a% pfd

108

9

5

-23

Corp.—.—>

preferred—
Co.
(The)

Chemical

Davison

297a

'

30

*30

f

10,100

21%

*29%

3%

*10578

x

127a

217a

22

10

117a

5%

Conv

183/4

*16

12%

1057a

83/4

*12%

'

183/4

Davega Stores

'

•

19% Apr 24

.100

393% Apr 27
1073/a Feb 16

1

IV* Apr 17

..50
-

No
No
No
No

<

26% Feb 18

2174

Dec

34 3/4 Aug
33
July

Mar 16

39%

Feb

47%

49

Oct

9

37a Jan

S

112

30

par

40

Apr 28

66

Jan

par

46

July 27

73

Jan

5

par

4772 Apr

28

83

Jan

17

par

3a2 Feb

21

% Oct

17

1077a Nov
2%

Dee

Sep

113

Oct

7

Jan

64%* Dec

80 y4

69

Dee

7474

Dee

83% July
89% July

tV Nov

%

Apr

Jan

Volume

Number 4127

156

THE COMMERCIAL & FINANCIAL CHRONICLE

LOW AND HIGH SALE

Saturday

Monday

Tuesday

Nov. 14

Nov. 16

Nov. 17

1 per share
9

% per share

9

03

8%

OO V-J

(

ver

8%

8%

8%

8%

38 %

38'/2

38%

39%

38%

*3%

4%

*3%

6%

.-6%

6%

6%

26%

,26%

25%

26%

24%

25

%

%

*%

1

4

t per

8%

8%

8%

8%

6%

8%
39 Va

3%

3%

3%

6

6

per

6

X38

share

8%

Range Since January 1

STOCK

On

EXCHANGE

3,500

8%

38

JErie RR common
Ctfs of benef

5%

3,300

3%

800

—No
No

4% Jun

4

par

3% Jan
32 % Jun

5

l%Jan

2

Cleaner

*}J

1

34%

-

*5%

.

24%

*%

24%

%

24%

24

6

%

1

6

<

24%
i a

<«

1,900

Evans

2,300

25%

Ex-Cell-0

1

16

34%

33%

34

33%* 33%

32%

32%

33

33

33

*21

22%

*21 Va

22%

21%

21%

21%

21%

21%

217/a

217/a

*7

7%

7'/a

7%

6%

67/a

*6%

600

7%

*75%

85

21%

12

.

*3%
*

21

21%

*11%
14 %

10

Oct

23

2%

Dec

7%

2

Aug

44

Jan

27

30%

Dec

42%

Nor

18

1%

Dec

24

4% Sep
6%'Oct

26

4

Dec

8%

Jan

May 20

28% Oct

13

21%

Dec

30%

Jan

23

1 % Nov

10

A

Deo

%

Jan

14%

12%

,

41

12%
41

20

27% Apr 28

37% Jan

16

32

Deo

19

45%

Jun

30

29% Jan

29

16%

Jun

6

24% Mar

Jun

22

8% Jan

5

6%

104

21

*76

900

Dec

13

Mar

69% Sep

May

100

Jan

10

93

Jan

21

31

90

20%

21 Va

1,000

Federal Min & Smelt Co—,

2

20

Apr

18

24% Jan

16

11%

11%

11%

19%

Dec

300

Federal-Mogul Corp

5

8

Apr

15

11% Nov

12

3%

3%

3%

3%

8%

Dec

800

Federal Motor Truck

3

Jun

30

14%

4'A Feb

4

14%

*14%

14%

2%

800

Federated

Apr

4'A

7

74%

14%

Dec

100

4%%

11% Apr 28
74% Nov 20

18% Jan

74%

27%

Sep

87

6

86

Dec

97%

Jan

11

11%

3,200

41%

41%

1,900

Fidel Phen Fire Ins N Y_„—$2.50

19%

19%

2,600

Firestone Tire & Rubber

75

*31/2
,

14%

14%

14%
*74

76

*74

12

12%

11%

41

41

40%

19%

20

19%

75

11%

11

11%

41%

40%

41 %

19%

19%

19%
*

*103%

104%

*103%

104%

103'/a

103%

33%

33%

33%

33%

33%

33%

33'/a

33%"

13%

13%

13%

13%

13%

13%

13%

14%

—--4

'

34

13%

*4%

4%

32 V4

32%

*6 'A

6%

$4.50

24%

100

Florence Stove Co

18%

200

Florsheim Shoe class A

3%

*30%

32

*9%

4

10

10%

11

134

37%

*30%

10%

37%

10%

:

*125

18

10%

134

*17

6%

6%

*6

10

4

32

*9%

*

37%

18%

4

31%

"

37%

10%

*10%

6%

*125

*17

*6

6%

53

36%

*17%

18

*17%

17%

17%

17%

*17%

17%

Xl7%

97

*96

97

96

96

*94

97

*92%

6

17%

♦94

95%

53

*40%

53

35

*34%

35%

34%

No

1,600

*17%

17%

1,600

93%

93%

30

2%

2%

200

5%

96% Jan

May 14

31% May
8% Dec
98

15

Dec

105

Jan

42%

Jan

16 Va

July

103

Nov

16%

Dec

33%

Jan

17%

Deo

25%

3

Apr

28

5

May 22

5% Jan

Dec

7

Aug 28
8% Sep 30

21

Jun

35

Deo

1

11% Jan

30

9

Dec

13 Va

Jan

10

27% Mar 14

38% Nov

9

24

May

32%

12% Jan

26

10

May 28

14% Sep

No par

Jun

Oct

8

10

27

Apr

29

,1

18% Nov

13

38

15% Apr 24
85% Apr 10

Co
Co,

100

3%

9&

134% Feb 21

26

5

100

pfd

13

36% Mar 19

9% Apr 28
114

No par
25

preferred

conv

Dec

Nov

39% Feb

14% Nov 20

10

prior

Freeport Sulphur
Fruehauf Trailer

90

105

2

100

—

preferred
Francisco Sugar Co

900

Jan

25% Oct 20

Inc

F'k'n Simon & Co Inc 7%

35%

18 Va

21% Feb

Corp—

$7 conv preferred
700

Sep
Sep

Dec

Mar 27

,

'

53

16

45%

12%

Apr 21

Machinery Corp

6 %

Deo

34% Feb

20% Oct

15

Foster-Wheeler

~60

8%

Jan

18

par

—No par

preferred.

conv

Food Fair Stores
Food

6%

*40%

Steel

1,100

t

18

*36%

35

5%

100

134

18

*40

*40%

80

•
,

11

134

36%

53

37%

18

53

36%

9%

Follansbee

1,100

31%

*125

"

*35%

36

■

*9%.

37%

*39

*40

4

86

—No par

*24

12% Nov

29% Apr 30

9% Jan

Jan

26% July
14% Jan

41% Jan

87% Apr 27

par

A

preferred

*18

10

18%

100
par

No

18%

3%

7% Apr 21
29% Apr 29
13% Jan
3

No

series

Stores

24%

37%

*125

10

(The)

*18

32

6%

100

National

*24

10

*6%

First

Flintkote Co

18%

4

31%

18%

*96

preferred

1,100
4,700

24%

37%

11

*10%

*17%

100

6%

100
1

*18

10%

"125
18

*96

300

«

,

No par

Corp

*24

38

*9%

10%

*17%

100

104%

Enamel

18

4
>

*96

103 %

Ferro

__-No par

Dept Stores—,
preferred,

conv

24%

18

4%

*37%

*126

100

*24

19

32%

10

37%

*96

24%

4%

32%

*9%
37'%
10%

100

*18

Jan

3%

13%

19

No par

*11%

33%

*18

$6 preferred

par

11%

19%

24%

No

21

13%
25

Co—

*11%

34%

*24

&

*20%

*74

104

*96

Morse

Jan

3%

13%

100

Fajardo Sug Co of Pr Rico——,20
Federal Light & Traction
—15

400

80

*33%
*96

Fairbanks

500
•

J! Jan

3%

,,

11%

41%

19%
104

80

,—$2.50

Aug

21

12%

41%

20

104

*76

80

'

Exchange Buffet Corp

20

10

14%

76

12%

*76

33%

4% Apr

3

Dec

3%

'■

14%

*74

80

7

5-

x.

Highest
< per share

2

4%

11%

4

14%
77

7

Co;—

Corp

$ per share

23

21

12

*3%

.

7%

*75%

21

*11%
V

4

*74

84

*75%

21%

*7

Products

Year 1941
Lowest

10% Oct

'

'

Range for Previou*

Lota

t per share

100

int

Vacuum

100-Share

Highest

par

pref series A_.

Eureka

of

I per share

Par

23,900

38

*3%

Basis

Lowest

Shares

8%

38%

NEW YORK

the Week

8%

3%

3%

6%

1

8%

8 Va

38%

39

3%

Bales for

Nov. 20

share

8%

f per share

8%

Friday

Nov. 19

Nov. 18

8%

1833

STOCKS

Thursday

Wednesday

share

8%

PRICES

*

Feb

Sep

20%

Jan

132

Jan

17

10% Feb
45

Deo

105

Jan

_2%

7

38% Jan

3

19

Jan

3

97

Nov

Feb

9

May
32% May

41

36

May 27

10

Deo

46

Jan

July

18

Deo

23% July

93%

Deo

99

Aug

G
*2%

2%

*2%

2%

2%

2%

*2%

2%

*1%

1%

1%

1%

1%

1%

1%

1%

*9Va

9%

9%

9%

*9 Va

9%

9%

*2%

9%

*19

19%

19%

19%

*19%

19%

19%

3%

3%

3%

3%

3%

3%

9%

*8%

9Va

*8%

9 Va

3%
*8%

*50'%

7

104%

*100

38%

38

5%

5%
133

3%

3%

3%

3%

*8%

9%

*8%

*50%

55

*50%

6%

9

19%

29%

29%

34%

34%

*114%

117%

'

1%
*84

38%
*5%

129

4%

*2%

131

*129%

19%
131

29%

34%

29%

34

19%
131

29%

20

131

*129%

29%

34%

34 Va

34%

*115%

117%

*115%

1%

1%

1%

90

84

*84

85
129

90

*83%

*84

34

90

90

*83 %

129%

17%

17%

*2%

2%

17

17

2%

41

41%

41%

417/a

125%

125%

125%

125%

14%

14%

14%

14%

14%

*4%

4%

4%

4%

4%

*104%

104%

104%

104%

%

%

16%

16%

*2%

2%

300

14%

14%

14%

14%

14%

14%

2,000

4%

1,200

4'/a

4'/a

*4'/a
*103

104%

13%

13%

13%

13'/a

13%

104%

*103%

104%

♦103%

104%

*103%

i7ff

>A

U

31%

31%

17%

9%

*9%

64'%

*64%

16
16

16%

9%

16%

9%.

65

16

31%

9%

62%

*30

15%

16

15%

15%

16

16

15%

15%

15%

15%

15%

15%

108%

*106

108%

*106

13%

13

13'A

13

59%

59%

*58;!4

4%
59%

*

5

%

5%

15%

.

59%

5

5%

*55

15%

57

15 Va

40

%

2

■

4%

59%

57

*39

%

*1%

4%

1%

76%

24 Va

24%

4%
4%
*55

4%

4%

60 Va

*59

60%
5

5

15 Va

15%

40

40

%

lit

1%

*55

56%

15%

%

"Ml

1%
*73%

13

13

40

*39

*106

108%

1%

1%

15%
*39

:

%

76%

24%

24%

81%

82

*81%

82%.

82%

82%

82%

82%

22%

23

22%

23

22%

23

22

22%

88%

87%

88%

88

88

*88

*87'A

3%

'

3%

*77

80

1

3%

1

79

*73

3%

79

;

73

23

23%

3%

80

1

73

24%

22%

3%

n

76 'A

80

%

4%

4%

4%

*4'A

4%

8'/a

8'/a

8

8%

*7%

8'A

*8%

*7%

8%

28%

28%

•

25

*23%
16%

16%

21%

21%

*24%

24%
139

138%
*60

63%

29%

8%
30

7%
30

*23%

24%

*23%

16%

16%

16%

21%

21%

21%

•

7%

*31%

32

32%

32%

32%

32%

14'/a

14%

14

14%

14

*11%

11%

11%

24'/a

11%

11%.

12

11%

12

14 Va.

2%
80

.

3%

3%

29'A

29%

*2%

11%

2%

*79

81

4

4

29%

*2%
*78

3%

29%

29

300

A

1,700

%

ft

>'

2,100

2

700
♦71

73%

50

23%

.'23%

24 VB

5,700

82

82
22

Va

22'A

89 Va

88%

88%

3%
81

82'/a

3%
*80

•'

1,400
,

8,100
400

'

3%

2,400

81

400

V

4 %%

23%
138
*60

31%
13%

2%
*78

3%

3%

29%

28%

17

21%

.

23%

23%

*137%

138

63%

*60

31%

32

13%

14

*11%

11%

11%

11%
2%.
81

3%
29

•

;

*2%

*78

29

131

Nov

10

118 '

Dec

130 Va

Apr

30% Oct

21

Deo

35'/a

Jan

par

5%

-No

par
par

-No par

1

11%
2%

12

2,300

11%

*2%
*78

*3%

3%

3%

28%

28%

28%

2%
81

3%
29

200
20

3,400

1,600

2
31

IOV2 Apr
101

4%

3

27

14% Nov

Apr 23
% Mar 26

107% Jun

5

% Oct

Mar 11

31% Nov

16

19% Jan

11

9

7%

Jan

110%

Nov

'/a

Jan

Dec

16 Va

Jan

Jun

106%

12

9

x

98 %

Va Nov
16'A
14

5

Feb

Jan

Dec

,25

29'/a

Jan

Va

Dec

11%

Jan

Jan

80%

Dec

24

8

5

Sep

Aug

16

13

Dec

22

101% Sep

21

Feb

24

102

Mar

112

7% Jan

12

14% Oct

14

6 %

Dec

14 Va

2

5Va Nov

20

2 Va May

4%

x40% Mar 31

60% Nov

20

20

34% May
4% Dec

54

5% Jan

60

,

May 21

3

Jan

4

16% Jan
110

Apr 28

50

27

16

Oct

24

2

Va Jun

65% Jan

8

May

12 Va Sep
37% Jan

44

Feb

4

4

15

Jan
Dec

16

19

20

Apr

% July

46'/a

7

79% Jan

10

Jan

Dec

13

23

Aug
Mar

4%

105% May
A Nov

109% May 13
% Jan

48

Sep

-

Jun
Deo

July
Sep
Dec

9%

Sep

Feb

74%

11

Dec

17%

Sep

35

Dec

46

Jan

Dec

Oct

U Jan

30

2% Jan

1% July 28

29

2

Dec

13

80

Dec

91

Jan

11'/a

Apr

21%

Nov

2%

2%

Jan

Sep

Gotham Hosiery
Preferred

2

25

Oct

9

56

Jan

8

82% Nov

18

54

Dec

74%

No

preferred

Jan

par

10 % Jan

2

23% Nov

7

10

Dec

20%

Sep

par

60% Jan

2

23

59

Dec

90

Jan

1% Jan

20

—No
—

No par
—100

Graham-Paige Motors
Granby Consol M S & P—
div ctfs

—1

90

ft Sep

3% Nov

Sep

10

No par

Preferred

19

1

Jun

3% July

19

25

Jun

68'A Nov

1

'/a Nov

2

%

Dec

1%

Jan

5 % Jan

9

3%

Dec

6%

Jan

8'/a Aug 21

6%

Dec

13%

Jan

10

Mar

Oct

NOV

2

4

Oct

81

7

6

—.20

Western Sugar—

Jan

—5

No par

preferred

x58

No par

3

6
Apr 25
22'/a May 4

6

5

Dec

12%

Jan

31

Jan

13

28

Dec

36 Va

Jan

23

25

Feb

3

23

Mar

25'/a

Jan

9% Nov

July 23

14% Jun

19

18% Oct

27

12%

Dec

18% Nov

19% Jun

22

25% Feb

27

18%

Dec

28% July

22% Apr 28

28% Jan 27

19%

Jan

28

July

144 Va

100

130

Apr 21

Jan

14

135

Dec

Green Bay & West RR___—.—100
Green (H L) Co Inc
1

50

July 16

63% Nov

7

42

Mar

25

Apr 24

33% Jan

3

36%

Greyhound Corp (The)

10% Apr

14% Nov

1G

29% May
9% May

14%

Sep

10%

Jun

11%

Apr

Dec

18%

—

81

127%

Dec

3

13

Great

1,500

Deo

27%

No par>
No par

570

11%

Jan

6

5% Jan

48Va

121 %

3

14% Nov

Sep
Jan

Dec

Feb

1,500

*11%

Jan

3'/a Jan

Nov

91

82

23%

11%

30

104

132%

18

137'A

18,500

Jan

Dec

Nov

23%

14'A

38

125

Sep

73

137'A

13%

128

99 Va Aug 25
As® Jan
2

par

5,600

14

10

10% Mar 11
3% Sep 17

par

21%

900

9

13% Aug 31
1% May 13

par

2.1'/a

31%

26
10

July 29

21%

31%

Oct

Apr

Gr Nor Iron Ore Prop
No par
Great Northern preferred—No par

32

July

Jan

87

29

122

17%

63%

78 %

102

131 % Feb

Mar 25

par

16%

*60

Nov

28%

17 %

23%

Aug

1%

9

24%

63%

42%

117%

Jan

43% NOV

-No

__

Goodyear Tire & Rubb
$5 conv preferred

5%

Feb
Jan

%

15

2

par

(B F)

w

33%
112 Va

1% Jan

Jan

30%

139 '

61

—1

Goodrich Co

5

40% Jan

% May 13

64% Apr

Oct

116% July 24

x

30

30 'A

4,700

23% Apr 24
111% Apr 29

24%

16

*23%

-

21% Apr 28

Apr

24%

1,700

Apr

122

30%

..

120

par

_No

Granite City Steel—
Grant (W T) Co

8

22

100

1,700

7%

Dec

(Adolf)———,

Grand Union

7%

16

Brewing Co—;
Telegraph Co

300

*7%,

20

Goebel

1,900

30

Nov

Gobel

8'/a

*23%

21

5

Gold <5c Stock

4'A

7%

25

(The)——. -No par
preferred—..——50

8 Va

7%

Sep

16% Apr

conv

4'A

10,300

-No

$6 preferred—
Glidden Co

%

%

Jan

97

Co.

Glmbel Brothers,.

8

11%
2%
80

15'A

39%

Jan

15%

Feb

20

Corp,..

Safety Razor—
conv preferred

4%

*11

'

2%
80

*11%

15'A
39%

6 Va

Deo

100

%

21%

63%

No

preferred

7%

21%

139

100

15%
42

Dec

13% Mar 30

$5

Mar

6%

100

4'A

17%

24

2,900

56%

July

5

2

10c

Gillette

Jan

144

Dec

73 Va

——_1

Corp—

7'A

Dec

4

par

1

Rubber

Deo

2%

14

55'A Jun

&

3 Va

115

13

10

8% May 27

Tire

Jan

3% Oct

14'/a Apr 28

6%

Sep

55

9% Jan

•

Signal

Gen Time Instru

104

Dec

20

11

No par

General

Jun

39 Va

10

Nov

4% Nov

Mar

00 'A Feb

Sep

General

*

5% Nov
130

6% Sep 16

& Utilities
1
$6 pref opt div series—-No par

Al

16%

*60

5

56%

2

28

Apr

2

par

preferred

Telephone

16

2% July 31

Realty

8'/a

16%

*138

5

56%'

14,800
"A 700

3% Jan

Apr

101

46% Feb

12

106

4

5

104

8

16

No

No

4%

30

24%

5

5'/a

Sep

9

Jan

7'A Nov

11

35

—

800

60%

22'A

80

24%

63%

4%
60%

82

3%

No

General Refractories

■

-. •

25

Mar

General Shoe Corp
1
Gen Steel Cast $6 preferred—No par

580

"

3% Apr
98

Sep
5% Mar

70'A Nov

No

%
8

*23%

138%

43A

53% May
5% Oct

—10

;

Adv A,

Railway

...

700

13'A

60% /,

12% July

Jan

—No par

preferred

6%

1,100

15%
108%

Dec

47%

13

Sep
Nov

par

No

*4%

-29%

24%

16%

*106

8%

22

Feb

15

2%

100

C6rp__.__.__N0

Gen

200
,,

*13

13

20

8% Apr 17
51

—.No par

Public Service—

Gen

1,100

9%
62

22%
*88

3%

30

21%

15%

10% Feb

52% Jan

Precision

$6

400

73%

23%

80

24%

138%
*60

80

1

*4%

*71

90

3%

108%

*J2

*1%

1%

*73%

*16%

Apr

100

Gen

30

16%

*9%

4%

15%

16%
61%

Dec

6

par

preferred-

'

9%
62%

13%

40

17

*9%

2%

13

par

No

Equip Corp
General Printing Ink

2,200

31%

62 %

4%

*55

*30

24

—5

No

Outdoor

Gen

1,000

A

9 Va

16

*106

13'A

104%

62%

108%
13%

15%

17

16%

31 Va

3% Oct
9% Nov

_5

Common

300

12%

A

Gen

30

%

*103'A

104%

*9%

4%

*38%.

*30

31%

16%

13

104%
%

62%

65

*13%

5%

13

*

il

16

*15%

57%

*%

%

M

16%

167/a

*9%

5%

4'/a
*103

A

31%

*55

4%

10474

104%

*%

3

22

May

2% July

No par

General Motors Corp
$5 preferred

700

2%

1%

64%

4,000

16%

*2'/a

*103

20

$6 conv preferred series A.No par
General Mills
No par
5% preferred—,
100

25,000

126%

16%

104%

31

42%

126%

2%

%

,

150

16%

*%
*13%

Jan

5
No

$4.50 preferred

240

23

Jun

21

-l

,

Gen Gas <fc Electric A

1,100

*2 Va

4'A

*106

42

90%
84

129%

Dec

2%

8

.—No par

preferred

Foods

12

16

5

Cigar Inc..

General

Apr

Jan

—No par

General Electric Co

4,800

16 %

2%

14%

*15%

90%

83%
129%

42%

1%

3,000

83%

125%

General

100

1%

129%

41%

16

91

34%

114%

1%

v

34%
114%

y

84%

125%

17 %

34% j.

129%

42%

*30%

23,300

*83%

125%

14

20

30

*129'A

125%

*13%

132

85

125%

*103%

129 Va

129

129

125%

•

1,300

1%

42%

■

21

Dec

Apr

7%

11

50

Class A
cum

1%

1%

3

28

Amer

t7%

1

3

23

Sep

6% Apr

General Cable Corp

460

2% Sep

2% Jan

Va Jun

—

$8 preferred
Generai Bronze Corp,,,

1,100

29%

117%

1%

Industries Inc,

Transportation
General Baking___,___„_„.

800

7%
72

20%
*

Gen

6

1
8

par

...No

—

$6 preferred

4,000

2%

7%

29%

117 Va

129

%

2%

(The)

Gen Amer Investors

10

4%

72

132

29%

1%

85

104%

,1,600

20%

•114%

42%

•

5%
133

4%

7%

1%

129

2%

2,300

71%

117%

*84

18

38%

5%

Co

1% Jan

1

20

preferred
Gaylord Container Corp.,
5%% conv preferred

100

2%

7%

71%

19%

<•

400

*128%

1%

85

*%

2%

7%
72

'

6%

4%

*114%

42%

*104%

2%

7%
71

4%

*

38%

133

*128%

4%

2%

7%
71%

133

4'A

2%

*7%
70%

29%

*129%

4%

1,200
.!

102%

5%

129

9%
55

*6%

38%

5%

(Robert)

5%

*100%

38%

19%

129

2%

6%
102

*5%

20

1%.
90

18

*6%
102

37%

19 %

34

102%

9%

*50%

5%

4

72

29%

*101%

10
55

38%

*129%

132

6%

5%

8'A

70%
*

103

9%

*50%

55

6%

38%

2%

7%
•

*100

133
•

6%

Inc

Wood

Gar

cl A___..—No par

(The)

preferred

Gamewell

9%

9%

Co

6%

2,700

3%

2%

74%

Gair

300
30

9%

5%

4

Gabriel Co

2,900
•'

19%

9%

104%

*128

4 Va

3 %

*128'%

*19%

*8%

5%

4%

19%

19'/a

10

38

*2%
■

19%

1%
9'A

9%

*6%

38%

*8

19%

1%
*9

7

55

*6%

*72%

1%
9%

55

10

*128

1%
*9

10

*9%

*100

2%

5%%

conv

preferred

Grumman Aireraft Corp,,
Guantanamo Sugar
8%

preferred—

1
No par
100

—

Gulf Mobile & Ohio RR_

$5

No par
10

preferred

No par

No

par

25'

Mar 31

10

9 Va May 20
1% May 22

48% Jan

2

"

Jun

11% Aug 31
14% Jan

3% Jan

■

86

Sep

6

29

28

10%
1%
13

Feb
Jan

3

2% Jun
18

143

.

4% Oct

24

1%

Feb

2

33% Oct

23

9

Feb

54

I

Aug
Dec

Sep

Sep
3% July

55

Dec

4% Aug
23%

Dec

H
*23

28

*22

27

*22

25%

*22

*32

26

34

*33

35

33

33

*33

*11%

12

*11%

12

12

12

*10%

12

10%

*98%

100%

For

footnotes

*99

see

10%

100%
page




1839.

*10

*99%

10%

100%

11%
*10

*99%

*22

26

*22

26

35

*33

35

*33

35

10

12

*11%

12

*11%

12

800

Hall

200

Hamilton Watch Co.

10%
100%

*10

♦99%

10'A

10'A

10%

100%

*99%

100%

Hackensack
1%

6%

Water

preferred

Printing

class

Co

preferred-^.-.

19% May 21
A

25

11

33

8% Mar 16

Feb

11

5

13

29

8

95

Apr
Jun

25

Mar 11

Jan

Aug 22
11% Nov 12
108% Feb

7

Dec

33

Jan

Feb

38

Mar

8%

Dec

16%

Jan

8%

Dec

15

Jan

Dec

108

July

23%
33

102

•

1834

RECORD

NEW YORK STOCK

Nov. 14

Nov. 16

t per share

14 Mi

"14

132

132

"128

4:1s

"4

1Mb

*lMa

88 Ma

"87

6 Mb

"6 Ma

*567b

1%

87%

6 Mo

6 Mb

6 Ma

57%

155

14

14

69

69

69 Mb

136

*40 Ma

*41

95 Mb.

*92

132%

132 %

*132

*40 Mb

42

42

*92

96

*92

16

*14

16

16

28

*28

28 Ma

27 Ma

27 Mb

*38 Ma

39 la

10

45 Ma

*103Vb

104%
4Mb

4

28

*

4Mb

22 Mb

22 Ma

21Mb

'

■<

6%

6 Ml

*13 MB

500

100

30Mi Mar 5
79
Mar 13

par

preferred—————No par

conv

13 Mb

200
20

115

*113

115

26 Mb

27 MB

27%

*38%

39 Me

*38 Ma

27%
I'

10%

*10 Mi

10 Mb

10Mb

10%

44 MB

43%

43%

-

103%

103 Ma

103

3 Mb

3%

32Mb

1%

*1

*4 Mi

5

*4

21*a

5

4%

4Mb

*13

%

lo

8Mb

8%

8Mb

8%

8 Mb

21Mb

21Mb

21Mb

20 Mb

13

*4

1

1

4%

4%

4%

21%

21Mb

5,200

4%

4%

3,700

7o

To

T'»

Howe Sound Co-

Hudson

5%

900

4%

21%.

21%

4%

■

1,200

.3 a
IB

21%

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lo'

1Mb

4 Ma

5 Mb

21%

217«

4Mb

22 Mi

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500

32Mb

-i. M
t C—

:

3

■

96

IMa

6

12

13 Mb

13 Ma

13 Mb

13 Ma

"13

50 Mb

Dec

Jun
Dec

16 Mb

Sep

12 Mb

Dec

•18%

Aug

Dec

30%

Jan

9 Ma

July

16%

Aug

fHupp Motor

8%

6,900
1,309

Illinois

■

5%

May

Feb

Apr

39

Jan

13%

Jan

36

Dec

64

106
Sep 18
4% Oct 24

1

Dec

100

Aug

111

Jan

2%

Dec

5

July

Apr

37 Mb

Jan

%

Jan
Jan

7%

3

lMiAug31

A

Dec

2
Jan 2
.16% Apr 17

100

5Mb Aug 31
23Mf Nov 9

lMi

Dec

3 Mb

15% May

21%

Sep

3Mb Jan

Car Corp

—,—1

RR Co

—100

34% Feb

•

■

2

\ '

ft Jan

2%

2

2

4Mb Oct

21

16Mb Feb

4

12%

28

28 Mb

94

107

*105 Va

107 Mb

*105 Mb

8

7 Mb

7

Mb

*7 V2

6 Mb

6M8

6Mb

161Mb

161

13 Ma

95 Mb

Indian

1,900

.

Industrial

.

400

95 Mb

*159 Mb

162 Ma

96

162 Ma

61

60 Vb

60 Mb

60

60

10 Mb

10 Mb

3,600

28 Mb

10 Ma

10%

10 Mb

10%

6 Mb

6 Mb

21mb

*6

*20 Mb

22

Inland

2,400

Inspiration Cons Copper—Insuranshares Ctfs Inc

300

Mb

22

11,500

7 Mb

7Mb

*7 Mi

7%

1,000

Intercont'l, Rubber—.—^.JVo

6 Ma

6 Ma

6 Ma

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3,400

Interlake Iron

148 Vb

148 Mb

147 Mi

148 Ma

149

148

5 3 Ma

149

53

54 Vb

*107

162

8,000

Mb

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9 Mb

9%

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53 Mb
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53

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29 Mb

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134 Va

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134 Ma

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36 Mb

38

*36

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5

5%

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6

10

10 Me
9 2 Mi

*10 Mb

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*27 Ma

28 Mb

25 Mb

66Mb

67Mb

9Mb

2 Ma

36 Mb

35 Mb

36 Mb

41 Ma

41 Ma

3,100

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.

*91

92%

,

*91-

92 Mb

*91

92 Mb

10 Mb

*10 Ma

28 V2

137 Ma

139

*137

9%

9%

9%

9%

9 Mb

25%

Mb

25 Mb

25 Mb

25 Mb

67

;

66 Mb

67

67

64 Ma

129.

131

*129

131

,

28

200

139

19Mb

$6

Johns

3,100

*55 Mb

56 Mb

500

68 Ma

67 Mb

67%

500

8Mb

"8Mb

8Mb

12 Mb

8Mb

8Mb

8Mb

*11 Ma

8Mb

8Mb

13Mb

Nov

26

May 29
Apr

\

Ma

"11Mb

12

5Mb

5%

28Mb

27%

8 Ma

8%

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8 Mi

84

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.

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8 Mi

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*

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.

30
200

..

110

*13 Mb

110

14

900

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84

11 Va

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1,000

8 Ma

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84

13%

27 Mb

14

7 Mb

;

8

1,100

.3,300

-

,4%-

Sep

51 Mi

Dec

73%

Juiv

1MB

Apr

2Mb

Sep

48 Ma

5
20

23

46Mb Jan

30

32 Ma May

48 Mb Feb

13

38 Mi

Feb

5

31Mb

14

Mar

»

32

*

26

Feb

39 Mb Oct

16

25 Mi

Feb

49

Oct

104 Mb Oct

15

95

Jan

104

Oct

.9

3%
3 Mb

Jan

2

1Mb

Dec

Jan

2

6% Nov

9

1Mb

Dec

29

10 Mb Nov

9

5 Mb

Feb

14

Jan

12

Feb

98

10 Ma Nov
32% Jan

13

7

6

26

Mno

*

124

95

L-

87

Aug

33Mb

Aug

Mar

134 Mb

Aug

14

Jan

44

Jan

1S

5Mb Jan

2

10% Nov

9

5 Mi

Dec

18% May 15

33 Ma Jan

5

31%

Dec

—No par
.——100

4
Ma May 15
May

Jan

122

9

17 Ma May 20

54% May : 1

May 20

61

7Ma Aug 13

*104

105

*103

*103

105

29%

t

*103
29 Mb

*103

105
29 Mb

29 Ma

29 Mb

29 Mb

29 Mi

15

*14 Mi

14Mb'

14 Mb

14%

*14 Ml

15

*14 Vb

15

25

Mb

*25 Ma

26 Ma

*25 Mi

26 Ma

*25 Mi

26 Mb

*25 Mi

26 Mb

2Mb

"2Mb

2Mb

2

35 Vi

34

.29%

25 Mb
*2

.

105

*104

105

29 Mb
*14 Mb

29.Ma

*2

2

2 Vb

*1%
*34

29Mb

105
30 Ma

*14Mb

107% Jan

5

107Mb

Dec

111 Mi

67 Mb Nov

14

49%

Dec

71Mb

NOV

4

24% Jan

,3

Jan

6

79% Jan

3

129

64

2 Mi

34 Mb

*

26%

2Mb
*34

200
100

-

2%

200

34 Mb

34 Ma

*34 Mi

34%

19 Ma

19 Mb

19 Mb

19%

19 Mb

19%

19 Mb

19Mb

19%

19%

19%

3 Mb

*2 Ma

3%

*2 Ma

3 Ma

*2%

3 Ma

*2 Ma

3%

"2Mb

3%

*23 Mb

23 Mb

23%

23%

23%

23%

23 Mb

23%

x23 Mi

23%

23%

23%

24 Mb

25 Mi

24 Mb

25

25

25

25

25 Mb

25 Mi

25 Mb

25 Mb

60

19%

*2 Ma

26

36

*35

35

City Southern^
preferred-

HO
No par
-No par

Feb

Dec

27

>/a July

59

Oct

67

Aug

64 Ma

Dec

86% July

8 Mi

Deo

14

16Mb

20

12 Ma Oct

13

4»/a

Deo

Oct

16

xl 16Ma

Jun

.

•

--1'

.

10

Mar 17

2

May 26

16

t—100

Class'- B——

'

2Mb Jan

■

124

7 Ma Oct
29 Mb Nov

13%

9

17

11 Ma Feb

4

13

Jan

7

U Ma Sep

9%

5

100 Ma Jan

24

6

1

Apr

7

102

Sep

24

14 Mi Nov

■8% Nov

7

6 Ma
95

9

9

100

12

93 Ma July

23

10M4 Apr
■

2

26'

83 Ma Nov

Dept Stores

Co $6 pt pfd A——-No
No
Keystone Steel&-W Co„1.—No
KimberlyrGlark—_
—No

Kennecott Copper^——^

4Mb Jan

$5

100'

.

2,700

Kroger Grocery & Bak——No par

i-.——

10

10

38
17

*

9 Ma

*9 Mb

3 7 Ma

3 7 Ma

*36%

16Mb

16Mb

16 Ma

16Mb

10

*36

"16Mb

9 Ma

37%

10

*37

16Mb
*10 Mi

10 Mb

*

10 Mt

10 Mi

10 Mb

10 Mb

10Mb

*25 Mb

2 5 Mi

25 Ml

25 Mb

25 Ma

25 Mb

*22

23 Mb

22

22

21Mb

21Mb

*103

110

103

110

3

3

21Mb
110

110

*108

16%

9%
*36 Ma

17%

17 Mb

*9%

10

*36%

9%
38

'

38

17%

17%

*9 Mi

10%

*9%

25%

25 Ma

*25 Ma

*21%

22

*2lMb

22

10%

110

*108

*108

114

114

110
10

•

'

2

Tb

1

1

1Mb

12

12 Mb

11 Mb

12

24 Mb

23 Ma

*14 Mb

14 Mb

*14 Mb

*22%

23

23

30Tb

30

Mb

30%

4%
For

5

2Mb

3

1

1

2%
1

2%
1

2Mb
1

3

2Mb

1

1

Mi

11Mb

11%

11%

11%

11%

24 Mb

23 Vb

23Mb

23

23 Mb

23%

23

14 Mb

14 Mi

14 Mi

14%

14 Mb

14 Mb

14 Mb

23

22 MB

2 3 Vi

*22 Mb

23 Ma

*22Mb

23 %

30%

4%

footnotes see

3

29 Vb

30%

29 V8

29 Mb

29 Mi

29 Mb

4 Tb

4Mb

4Mb

4%

4Mb

4%

4Mb

page




.

1839.

11

Mb

Laclede

5%

Gas

Lt

—

-

•

■

Lehigh

20

2%

2,200

1

1,400

—

H5
—_100
—50
No par
50

Portland Cement
4% conv preferred
JLehigh Valley RR
—
Lehigh Valley Coal-——f
6% conv preferred

12

12 Mb

3,200

23%

23%

5,500

14%

14 Vb

600

Lehn & Fink.Prod Corp

*22Mi

2 3 Mb

400

Lerner

29%

30 Mb

6.200

Libbey Owens Ford G1

4Mb

4Mb

7,900

Libby McNeill & Llbby—

Lehman

Corp

Stores

(The)Corp

25
5

30.Ma Sep
17

,

19 Ma May
-

"4

Mar 31

2Mb Jun
22 Ma Apr

15

7

29

7Ma Apr 29

400

100

-

3
17

21Ma Apr 24
'IIM2 Jan 2
8% Mar 17

Lambert Co

1
—

1
-5

-No par
-No par

7

20j"

14 Mb Nov

100

(The)^———lNo par
Lane Bryant
No par
Lee Rubber & Tirei
i
—5

1,400

Jan

37% Jan

100

Co St Louis

preferred—-.

400

25%

21%

•

•

10%

25 Mb

'

'

*1

24

*25

10%
38

'

Mb

9

1% Jan

10

1,500

iS- S). Co'

105

2.

24 Ma Jun

Kresge Dept.Stores-l—'
—
1
Kress (S.H) &.Co———No par

:

6

11% Apr

prior preferred———No par

Kfesge

May

26% Jun

—1

Kinney. (G R) Coi——
-

par:
par
par
par

3,300
t

Sep

*

Feb

5
117

-

■;

Sep

128

Jan

11

Dec

Nov

122

K
Stove k Furn—

Kendall

26,400

,

15

*25Mb

"

■

Sep

9 Mb

Dec

Anr

138

Sep
Sep
Sep

Feb

Ma

12Ma

15Ma Apr 15

18% May
Aug
2Mb Jun
% May
8Ma Jan

104.

29
4
2
25
7

17% Apr 17
11% Apr 24
18
Apr 29
20% Jan 5
4 * Mar 12

29

r

Jan

121 Ma Mar
6

Deo

22Mb

Dec

!

Aug
Aug

14Mb Aug

Dec

104 Mi

Jan

Dec

9

Aug

Dec

121 Ma

Apr

Mar

18

Jan

9 Mb

Dec

4Me

Dec

98 Ma

Feb

30Mb

Dec

11 Ma

Dec

14% July

25

Dec

38.

8 Ma

'

•

Oct

Jan

88% Apr %7
7% Apr 29
24 Mb Apr 29

".

Oct

31 Mi

May

6
May 20
May 7
May

6 Mb Jun
b

Sep
Jan

49

1Mb

-1-1
5% conv preferred—
100
Kayser (J) & Co
:
——5
Keith-Albee-Orpheum preferred-100
Kelsey Hayes Wh'l conv cl A—1-1
"•

20

2Mb Nov

50

City P & L pf ser B

Kaufmann

Feb

10 7b

5

60% Jan

85

Kansas-

4,900

Ms

*7%

8%

11 Mb

*102 Ma

14 Mb

14

14%

14 Mb

*11

11 Ma

27

*27 Mi

27

84

*83

84

84

11

*101Mb

110

*14

6

124

*120

5%

5%
27

8Mb

*8

8Mb
'

*101Mb

124

*120

124

12

"

27Mb

8%

.

*83

*83
*11

*120

124

5 Mb

5%

5 Mb

*27 Mb

12

124

*120

124

*120

12

131

9

;

11

Dec

May

15 Mb Jan
-

July

23
125

2

5%

I-'';'
*

4

9

July 16

135

6 Mb Nov

1

5%•

Dec

1Mb

3% Nov 20

IV2 Oct

f

par

Kalamazoo

56 Ma

*66 Ma

Apr

43% :Nov ;i9

300

*55 Ma

68 Ma

6 Mb

9

14

11%

56 Mb

*66 Mb

Jan

9

7% Sep

•

"llMa

*55 Mb

67 Mb

Jan

9 Mi Oct

3

300

56

67 Ma"

170

12 Mb Jan

126% Jan

8%

20 Mi

55 Mi

70

Jan

July

Jun

150

57

Vb July 27

55 Mi Oct

Jones &

5,200

19 Ma

56 Ma

68

Jan

Dec

42 Ma

9

July

30% Oct

*8 Ma

20

20Mb

56

70

6

166

29

Laughlin SteeL.——No par
pref; serie3^';Ai-—lb—100
pref series B conv
100
Joy Mfg Co
—
1
—1

19 Mb

20 Mb

57

"May

14

2 Ma

100
b

5

Nov

55

10
25

-——

Manville—

151 Ma Jan

24 MB Apr

100

preferred

Preferred

40

131

11 Mi
167 Ma

par

Jewel Tea Co Inc__———No par

65 Ma

65

Dec

Dec

38

Jarvls

4 Mb %

Feb

6

-

Mi

127

Co—

Dec

3 Ma

140

5 Mb May 25

par,

preferred-^—

(W B)

8

9
14

19

94

No

Jan

% Jan

26

—

Sep

113 Mi

Jan

8

24

May

Sep

27

10 Mb Jan

29
20

Apr

■

600

20Mb

*8 Ma

July

147

600

*69 Mb

*8 Mb

107

—100

Intertype Corp.—
Island Creek Coal——.

100

*129

20

3

40

10

*56 Ma

20

111 Ma Feb

109% Mar 16

25 Mb

*25 Ma

66 Mb
131

*129

Dec

Teleg— —No par
—No par
Foreign share ctfs
No par
Interstate Dept Stores—

70

*20 Mb

Ma

19Mb

*27

*93

100

66 Mb

66
129

500

10

25Mb

19

Silver—— ——50

Preferred

10 Ma

10 Ma

*9 Mb

*9Mb
*93

100

*93

100

*93

100

139

25Mb

25 Ma

1,100

*137

28 Ma

*27

137 Ma

*27

27 Ma

27 Ma-

*135

27

Intern'l Telep &

92Mb

*91

10Mb

7,900

10

*9Mb

10

*10 Ma

.

10 Ma

10 Vb

6%

6

5M'4

5 Ma

9 Mb

108,500

Jan

23 Ma Jan

26

—

Jan

5

International Shoe—^„ .—-No par

preferred-

Jan
Jan

90Mb
7 Ma

39

—No

Sep
Dec

13 Ma

5 M» Apr

.■—-No par

Salt—:

111 Ma
161

Dec
:

Dec

30 Mb Oct

7Vc

63

Feb

100

104%

154

4

6

par

International

38

104 Ma

9 Mb

139

*25

*35 Mt

38

*100Mb

13

8M«

x—100

preferred
t.
Aih-c
preferred-—

200

8

Nov

74 Mb Feb

5

5 Mb May

-15

Co_

cpnv

International

Jan

161

100

— —

—

Paper

100

1% Apr
No

85 Ma

1

14

1 —II—100

—

July
29Ma July

20% May

3

Apr 24

3 Mb

Inter Rys'of 'Cent

1,800

28 Ma

28 Mb

2.9

104 Mb

6 1H

28%

*27 Mi

45

*100Mb

10 Mb

10 Mi

10 Mi

Jan

9 Ma

6Mb Feb

Mining Corp..

Preferred

350

42

6

92%

*91

*128

131

*128

2Mb

10

*93

100

*93

*

28 Mb

Mb

44Mb

2%

6

9

10

10

*25

*35

8%
45%

preferred

International

12,700
>* 7,700

8Mb

Marine— —No

Int Nickel of Canada

300

137

8M4

*49

42%

4 %

Internat'l

19,600

36 Ma

2Mb

28 Mb

2,000

"2Mb

36

42 Mb

*131 Mb

137

10

*135

139

*135

2Mb
*35%

38

5M'b

Aug

21 Mi

Feb

12 Mb Jan

Min & Chem—

Internat

400

•

,

43%

45

.

36

29

5Mb

5Mb

8Mb
44

28 Mb

*100 Mi. 104Mb

104 Mb

104 Mb

8Mb

8

44

*28%

Mb

*100Vb

*100 Mb

*91

28%

28%

*131

2Mb

2 Mi

36

*35 Mi

28

*28 Vb

29

3 Mb

28 Mb

2,100

8Mb
52 Mb

3 Mb

131Mb

8Mb

*42 Vb

44

*42 Mb

44

8Mb
52 Mb

3 Mi

28Mb

46 %

45 Mb.

47

*35Mb

36

38 Mb

*36

r

1

2Mb

"2Mb
35 Mb

8 Mb

52 Ma

3 Vb

a131Mb

132

8Mb

8Mb

8%
46 Mb

47

47

4Mb

Dec

5

2J

Hydro-Elec Sys class A——25

20,100

8 Mb

27%

29 Mb

132

Dec

13%

100% Aug 21

100

t Preferred

%

52 Mb

3 Mb

3'b

3 Mb

27 Mb

Aug

45% May

18 Vb Oct

-No par
—No par

Harvester—

11 Mi

Mb

8

*52

53 Mb

,

3 Ma

Aug

24

Dec

5 Ma Apr

par

Ma

'

3 Mb

3 Mb

10 Mi

Dec

5

28% Oct 20

24

8Mb May 20

par

10 Mb

11

53 Mb

8Mb

8Mb

8 Mb

8Mb

8Mb

9

9

53 Vb

10Mb

10 Mb

8Mb

9 Mb

Mb

Ma

Mb

Va
9

Internat'l

May
July

54

—No par

Int Business Machines.

510

■%

162

162

162

162

163

.

54M4

53 Ms

53 Mb

53

54

600

,

74

153

—100

preferred

*107

7 Mb

6 Mb

160 Mb, 162

9 Mb

-11

6%

107 Ma

7 Mb

107

Apr

20

6 Mb

107

21

,—1
Corp——.—No par

Interchemical

130

107 Mb

Steel

6;)a

"

9 Mb

Co__—_—-——No

1,300

•

6

*21

6 Ma

6 Ma

21Mb

.

7 MB

148

160

158 Mb

12

28Mb

*159 Me

162 Mb

*59 Ma

107 Mb

6 Mb.

54 Mb

12 Mb

*94

94

*159 Mb

22

22 Mb

Deo

23

28

Refining———10
Rayon..—
-No pat
Ingersoli-Rand
:—
—No par
6% preftrred——
100

14 Ma Oct

13

13

2

28 Mb

Jan

2

2 Mb Jan

6% Jun

.

%

4Mb

Mar 25

42

2

32 Vb Jan

Jan,

Nov

31

4
26

10 Mb Sop

380

4%

11 Mb

9Va Nov
23 Mi Oct

Indianapolis P & L Co——No par

6%

*6

Mb

54

39%

May 13

340

6Mb

55

39 Mb

5%
13

1,200

162'b

*21 Ma

54 Mb

39 V*

Central

6V&

Dec

V*

'*•

7

1% Apr 13

2

Jan

5Vb Nov

4%

94

94

150

20

Jan

2

% Jan

.—100

11%

"6

*147

20

Dec

26 Ma

11Mb

11

151

8 Mi

20 Mb

Oct

Jan

24

"4Mb

6%

151

8Mb

8Mb
*19 Mb

115

52Mi

4Mb

39 Mb

62MB

6%

Jan

Dec

11%

10 Mb

*7%

Jan

30 Ms

11%

61

106

56%
115

Dec

9

107 Ma

X

"4Mb

11Mb

*21

V* July
Oct

13%

Nov 12
7
Nov 10
Jun
1

Nov

4Mb

62 Mb

23

80

132 Mb

12 Ma

11%

11

23

Jan

16%

Dec

99 Ma

39 Mb

62 Mb

*6

Sep

July

'

33 Mb

4Mb

11Mb

11 Ma

168

10% Apr

11%

63

*62 Mb

Deo

65 Mb

Oct 19

Sep
Jan

96

123 Ma May

X

Jan

8%

Dec

150

Feb 28
Nov 13
Jan
2

39 M4

4 Mi

*159 Mb

162 Mb

*158 Mb

3 Mb

Dec

Oct 19

Feb

•

96

Jun

5

preferred series A—
100
Leased lines 4%.
———-100
RR See ctfs series A
—1000

12

28

93

97

95

162 Ma

158Mb

28 Mb

28

28

28
*91 Ma
*

101

Deo

76

28

"4MB

12 Mb

39 Mb

Feb

Jan

Deo

39 M? Oct 30
llMaNov 9
44
Jan 20

2Mb Apr 24
29Mb May 2

Hud Bay Min & Sm Ltd—a—No par
Hudson Motor. Car————No par

2,700

14Mb
17
29%
67/b

27
Jan, 2
8Mi Jan 2
30Ma Apr 29

25
5

preferred

7/b

Mb

8Mb
20

20

39 Mb

39 Mb

4Mb

12 Mb

5

Jan

6%

Jan 19
Nov 20

13.Mb

39Mb

4Mb

12 Ma

39 Ma

8Mb

8Mb
21

12 Mb

*4 Mb

Jan

25 V*

149%

Dec

92

'

39 Ma

106%

Jan

3 Mb

13Mb Sep 23 " 18% Jan 30
111 Mb Feb 27
115
Feb 20
21Ma'Oct 13
38 Mb Feb
5

100

:

Manhattan

&

■

No par
—No par

Houston Oil.of Texas v

2,000

4 Ma

*1

1Mb

*1

32Mb

33

preferred.

5%

500

4

.1-

Class B„

Household Finance—^

300

102 Mb

3%

3 Mb

*32

32%

32%

102%

103

3 Mb

1—12.50

Houdaille-Hershey cl A—wNo par

1,200

v

*43

<

—.—100

—-

Homestake Mining—

100

-

The——*1

(C E)

preferred-

7%

13,300

"

39

44%

10%
*43

3%

5 Mb

21Mb

Deo

■

12% Deo

44
July 9
102Mb Jan 12

12M2 Mar 11
11 1 Mar 21
14Mb Jan 2
' 6
Jan
6

—10
1
Holland Furnace (Del)
10
Hollander & Sons (A)——b—.--5
Holly Sugar Corp
:__No par

Hires Co

—

900

;

6 Mb

13%

*113

.

"

*6 Ms

*13 MB

115

1%

lib
4%

27

26 MI

27%

27%

6 Mi

13%

5 Vb

*1

1 Ma

*4 Ma

5

100

*38 Ma

104

*32

32 Ma

Ma

par

Hlnde & Dauch Paper Co

100

16

26%

10%

3 Mb

4

3 Mb

16

39 Vb

44 Ma

2

104

103 Ma

103%

109

—

par

'

*42 V

44

32

33

*32 Ma

Mb

38 Ma

10 Ma

10 Mb

44

11

38 Ma

39 Mb

*38%

11

*43 Ma

*14
*15 Mb

25%

27%

■

16
16

*113

114

2 6 Ma

27 Mb

*14

*15Mb

*13

13 Vb

114

14

6 Vb

6 Vb

*6VB
*13

115

26 MB

28 Mb

*28

6%
13 Mi

*114

115

*114

Mi

13 Mi

*

16

28

16

13%

i—

No
——-_No
6% cum preferred
i
I
Hershey Chocolate:
;
No
$4

15%

16

*15 Mi

*13%

j

1Mb Jan

4

79 Mi Apr 24
93Ma
4Mb May 2
7%
45
May 4
58Mb
141 Ma Apr
9
158
- 10Mi Apr 28
14%
51
Apr 27
72
125
Feb 9 * 134
*

-

———25

Motors-

■

14

*14

*6

400

*'

Mb Jun

Hercules Powder*.

Hercules

100

140

Highest

J per share

^

16

6%

132

•

»

40

96

16

*6 Mb

1,300

42

9 6 Ma

'

'

135

42

*92

*15 Mi
28

69%

*40%

*14

.

400

13 Mb

.

W)_

Preferred

40 Va

132

(G

157

69%

69 Mb

69 Mi

Products Corp

Helme

200

104
Jan 17
16% Jan 19

146
Jan 10
4 Ma Feb 2
88
May 12
8Mb Nov 6

—2
—25
—-—1

tHazel-Atlas Glass CO-

J per Share

t per share

98
Apr 20
12Ma Apr 29

par

Mfg Corp

Hayes
Hecker

13,700

57

*13%

14

*13 Mi

•••

7%

57

96/b

40 Ma

*92

97

*92

13 Mb
69 Vb

500

*151

-

<

200

6 Mb

.

157

*151

157

13 Mb

1%
88 Mb

88

6M2
56 Ma

69 Ma

136

'132 Ma

42

*151'

6%
56%

13%

69

132 Ma

132 Ma

42

*132 Ma

Ma

69 Ma

*13 %

14 Ma

*56

157

'151

157

*151

14 V2

69

6%
57 Mi

6 Mb

6 Va

57 Mb

*56

'

88

88

88%

1,300

"1Mb

1%

1Mb

1%

"1Mb
88

89

•

8M4

8%

Refrac—-—No

——100-x
preferred-:—Hat Corp of Amer class A
— 1
6Mb % preferred.
.—-100
Hayes industries In£
J*
1
6%

'

Lowest

126
Apr 2
3 Ma Mar 7
80' Jan 29
5MaMay21

No par

Co $5 pfd

(M A)

Harbison-Walk

50

92

*87 Ma

8%

8%

8Mb

1 Ma

1M2

89 Ma

*

*56 Mb

59

"149 M4

1 Ma

88 Mb

Mb

Hanna

200

■

4%

*4%

4Mb
92

*87 Ma

92

8 Ma

*8 Mi

8%

8%

8'/a

"8%

92

*87 Mb

92

*87 Ma

92

*87%

*87

138

*130

t per share

Par

40
:

13%

13%

14

138

"4MB

4Mb

*4

4%

*4

4%

*4

share

Range for Previous
Year 1941

Range Since January 1
On Basis of 100-Share Lots
Lowest
Highest

STOCK

YORK

EXCHANGE

Shares

101

101

101

*130

138

per

share

*13 Ma

13 Mb

*130

138

*130

132

v

13 Ma

14

101

101

101

101

*13 Mb

14

*13 Ma

t per

t per share

shari

101

102 Ma

*101

102

*101

t per

I per share

NEW

the Week

Nov. 20

Nov. 19

Nov. 18

Nov. 17

Sales for

Priday

Thursday

Wednesday

Tuesday

Monday

STOCKS

HIGH SALE PRICES

LOW AND

Saturday

L

Monday, November 23, 1942

FINANCIAL CHRONICLE

THE COMMERCIAL &

10'6

Jan

Mar

"39% July
Jan

Jan

3

2% Feb

5

1%

Dec

5

23 Mi

Feb

40 Ma July

21

Dec

26 Mi

40 Ma Feb
Jan

9

3 Mi Jan

23

Jan

2

29 Ma Jan

5

13

8

5Mi Feb

41% Sep 30

17Mi Jan
lOMa.' Dec
7
Jan

3 Mi

22%
27

May

17Mb Oct 15
11
Nov 12
26Vb Oct 20

Sep

28%

Aug

Feb

29%

Jan

17Vi
45Ma
14Ma
13

July
Sep
Aug

2Mb
24

Feb

Apr
Dec
Jan
Feb
Feb

24M8 Nov 9
14MiAug31

xl9
11%
18%
19Ms

DecDec
Dec

3lVb Nov 9
5Mi Jan 20

,

•

Dec
3% Dec

Sep

27% July

14% Dec

19Mi
107%
1%
Ma
2Ms

23Mi Nov 17

Sep

5Mb

X22 Ma ■Mar

9
16
26
20
18

23MaJan
113
Jan
4 Jan
1Mb Jan
I5M2 Aug

July

,

26Mb
116%
5Ma
2Mb
14Mb

Oct
Jan
Aug
July
Sep

24Mi Sept
14Mi Nov
27M2 Sep
45% Jart

7Mb Jan

Volume 156

THE COMMERCIAL & FINANCIAL CHRONICLE

4127'

Number

NEW YORK STOCK
Saturday

Monday
Nov. 16

Nov. 17

*29%
'

I

29%

30'/a

per

29

29%

$

t per share

share

28%

29%

29

Nov. "'<>

29

59%"

59%

*58%

59'%

59'A

59%

59%

59%

60%

60%

60%

60%

59%

60%

60'A

60'%

175%

*174%

175%

*2314

26

34% '• 34%
12

*34

23%

*22%

233A

*24%

26

*24%

25% 1

35

35

43%

11%,

11%

11%

16

16":
17'A

15 %

16%

43%

*39%

38%

39%

5

5%

*18

11%

1174

15 74.

*15%

1574

"

163%

16%

16%

173.4

•

433A

43%

43 74

43%

443%

383A

39'%

5%

*53%

5%

*17%

16%

16%

38%

5'A

18 'A

147

145

15

15

15

15%

*14%

16%

15%

63

62

62'A

62'%

62%

18%

18

18

17%

17%

*62%

*145

145

146

'

39%

5'%

5%

163%

:

A6%'

*145

Lima Locomotive

Lion. Oil Refining

Wks

146

No

*

Co
Liquid Carbonic. Corp.

'

1,600

Lone Star

9,700

Long Bell Lumber A__

1

200

16%

*

15

15

*15'%

A, 3,900

Inc

*15

61%

62

*61%

—

18

613/4 <

800

173/4:

500

61%

Cement

Corp

18

73% Jan

12

64%

Dec

96%

Jan

29

74% Jan

5

64%

Nov

98

Jan

16

176% Nov

10

Jun

189

14

2334 Nov

9

17%

Dec

21

Jun

22 % Jun

23

3274 Feb

4

X20T4

Dec

30

Jan

May 21

37 '4 Nov

5

x29

37%

Jan

97s Jan

May

Jan

Jan

1274 Oct
Nov

12

13

Apr

1674

Jan

24'% Jan

6

19'%

Apr

3174

Sep

397a

OCt

16

8

9 'A

Dec

Jan

2

45 % Aug

1

28

31% Jun

16

42'/2 Jan

28

35

Apr

27/b Mar 27
15

128

100

Louisville Gas & El A_—,_L_No par
Louisville & Nashville^-^—
100

6

Mar ,13

11'% Apr

-10

1374 July

May

■

^^25

:

174

39

2

37.

par.

Biscuit—^.^

Nov

11% May.
147a May 20

1

No par

(P) Co_.^_.
preferred

7 %

25 V2

No par

LOrillard

400

63

*17%

16

32%

pat

—^__No

Loose-Wiles

10

153A

3

—No pat

1

146

I per share

Jan

,____No par

Loew's

18

16%-

Highest

I per share

33

;—No par

Lockheed'Aircraft Corp

*145

146'

*145

Mar

I per share

.164 5'2 Apr
1674 Apr

Lily Tulip Cup Corp__;—___No par
Link Belt Co

5,200

6

Year 1941
Lowest

50'% Apr

100

:—

9,500

39%

*17%

18

*17'A

16%

39'A

Range for Previous

Lot«

Highest

13

i_25

'

18

,*17%

16%

*145

tPreferrfed

900

100-Share

50'% Apr

700

■

•

-

20

Series B

500

'

of

t per share

5

900

'

153/a

*11%
■

Liggett k Myers Tobacco.:

200

-

'

16 3A

43%

ll3A

"

153/4

38%

5%

18

16%

36

2274

11%

43%

38%

5%

18

-16%

43%

38%

5

18%

„

16%

43%

43%

26

35 %

11%

17%

"

253/4

'16%

16

16%

'

11%

16

17%

17%

35

223A

25'

Par

,

Life Savers Corp

120
■

Basis

Lowest

-

.

A,600

175

353%

25

*35

On

700

■

*15%

12

*15%

35

35'%

58%

175

Range Since January I

STOCK

700

60

•

2 2 3/4

223A

*22%

26

26

■

175

*173'%

175

*173

174

23%

*22%

23%

*24%

174

58

YORK

EXCHANGE

Shares

v

29

593%

'

NEW

the Week

share

per

29

29

59%

60

*174%

S

share

per

60 %

*58%

.

$

share

per

STOCKS
Nov. 19

Nov. 18

Saleh for

Friday

Thursday

Wednesday

Tuesday

Nov. 14

# per share

RECORD

AND HIGH SALE PRICES

LOW

1835

20

19% Nov

29

149

174

9

Dec

Jan

1374

Jan

10

12%

Dec

30

167B Nov

Mar 30

1174 Apr
55'% Sep

Nov

45% July
374 Dec

142%

Dec

162

19

Sep

19 3/,

Jan
Jan

9

18% Jan

:8

15

Dec

22

Sep

2

.

76% Jan

26

60

Feb

74%

Nov

23»/» Jan

Deo

31%

Jan

M
v

*18
*124

130

*124

*124

130

130

*124

17%'

130

17%

MacAndrews
t

130

*124

130

*124

"

173/4

'

6 %

Forbes__J

&

preferred;..

15% Apr-

i-10

1

12

19

Jan

27

X32

3

3534 Jan

2

23%

Apr

35 74

30

21% Jan

5

17%

Dec

2974

Sep

6

137r Jan

22

11

Feb

147A

Aug

4
27b May 22

•2774 Jan

28

19'A

Dec

31

1%

Feb

'124

.100

-—.^

131

27

Apr

Dec

138

Jan

'

30%

30%

29%

30%

30

21%

-

21

21%

?1 ;
>-*9%

30'A

30%

30 3A

303%

30% "

•

"

20%
10%

10%

*20%

21 %

*10

'

10%

'

21%.

20%

20%

^0%

3%

'•>

3%

20 %

20%

10%:

*10'"-'

10%

•

20

20 %

20%

20%

•

*9%

:

io

20%'

20%

'

•.r

'V*9%'
t;

3%

3%

Va'

3.200

20%

10 >

t__No

27%

par

CoTnc

Macy (R H)

'

Aug-

17% Apr

•

par

3%

3%

'■

-*374

3'/a

•'

3%

*374"

V Madison Sq Gardens

100
'

:

21

20%

"

3%

Mack Trucks Inc__i_

.3,000

'

-

20%'

;

3a

*

'

20'%'

30

*30%

374 '

800

Magma

'

—_No 'par
„10
Copper__„_____L_;

,

Manati

Sugar

Mairdel

2,100

Bros

Co„-

*5%

6*

*5'/8

6

*5%

6

*5%

6

*53%

14%

14%

*13%

15

*13%

15

*13%

15

*13%

14'A

*13%

14%

1%

1%

1%

1%

1 %

1%

*1%

1%

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J.%

1%

1%

2,500

3%

3%

3%

3%

3%

3'A

*3'/8

3%

3%

3%

3'A

8,100

Marine

7%

8 %

7

7%

7%

7%

7%

8'A

4,350

Market St Ry 6%

97/a

3,500
6,500

Martin

1

6

*5%

par

T.No

;

Manhattan Shirts.:

5

—25

:

v

100

■

;-l

;

Marshall Field & Co

20%"'

"

6

9% Nov
20
May"

•

11

4% Jan

10

9%

10

,

3»A

,

9%

10'A

20%

7'/a

9%

20»/«

10

19%

7%

■

10

8

8'A

9%

9%

9%

■*

21

20

'21%

4

21'

4

3%

3%

4

*28%

29

*28%

28%

28

*24%

26-

*24

25%

*24 '

24%
163

163

37%

163%

37%

*3

•

21

*92
*12

*12%

37%

X36%
3%

3

'

*92

103

*102

23

*28

28'A '

*24

24'%/

25

25
23

106

22%

23

168

*163

37

9%

8%

'

Oil Exploration..—..

Maracaibo

Midland

*32%

33%

32%

36%

*2%
19%

*94
*12

22%

32%

■

100

•

1,400

%'

1,300

.

.„5

Corp

% Mar 27
274 Jun

•

4

474 Jan

preferred-, .100

pr

L)

No

Corp

i„No

par

Corp_„w———-No

par

2

37

38

3%

3'A

*95

12 %>'

12'A

*102

106

*102

8%

/

400

,

12%

12%

108

108

6%

*6%

*100%

6%

25

*5

12%

109%

109%

6%

6%

$3

200

McCall

1,200

22% "

106

22%

.

,i__No

6%

*58
25

6%

13

12%

104

*100%

6%

73

*70

*57

60

25%

5

.—No par

preferred

cum

*26%

28

30%

30%

30

30'/4

*29%

30'.%

27%

27%

28'%

6 %

27%
6 %

6%

6%

6

5 Vo

100

28

conv

preferred-

9

13

*

*

3,700 '.

1093/4

6'%

*6%

63A

104

1

_1

L,—.

70

*65
*57

"25%

26

*

Va

5

*263A

27

31

4

31

27

*26

31'A

*26%

!

Mengel Co

110

'

31%

3%

800

»

27

27

5%

574

5%

17%

17%

17%

17%

21

21

20

20%

19%

20

*19%

20'A

108

108

108

108 %

107

*19%

107

54%

20

107

:

54%

107-

55%

*107%

109

*107'%

109

*107'/a

109

*107%

109

x

*109 %

112

*109%

112

*110

112

*110

112-

*110

2%

2%

*2%

2%

2%

2%

*2%

62

*61%

61%

61'/a

61 Va

*59%

60

14

13%

14%

14%

14%

*14

14%

1

1

3%

1

3%

.

3%

*115

119

*118

119%

17%

17%

80

82%

119

115%

115%

*115

118%

118

118

*118

109%

109

109%

*109%

32%

33

8%

'

116

1

50

conv

3%

'■

Moline

Mission

173/4 ;
81%

V

114'%:

114

30

*118

118'/a 1

109%

110

*109

% 110% ;

300

32%

32%

35

*30%

35

13%

14

13%

10%

10

10%

10

10

114

33

*30%

12%

12%

12%

12'A

12%

12%

22%

23

22%

23

22%

22%

/v 32%

•V *10

33%

Power

2%

2%
55

55

16

60

*59%

60%

111

110%

110%

5%

5%

60

*110%

2%

55

100

1

14

13%

10%

*11

•

Va

*10

12%

i *223/4

5%

5%

12% '

*12

23

2%

27/a

23A

800

1115 %

54

*15%

16

*60

60%

x60

60

*110%

5%

54

5%

1

110%

5%

5%

/

34%

*33

34%

Sep

31'/

Sep

Dec

1

Aug

5674

Sep

274

Dec

Jan

Dec

28

92% Oct

31

90

Dec

107

1274 Oct

2
6

1574

21

8

14

34% Jun

16

2

14% May

Dec

16

Feb

13%

Dec

9

13

13 % Aug 28
10974 Nov 19

May 20
1

Apr

6

Jan'

7% Jan

8

108

,

6

26%

Nov

25%

Jan

9% July

Deo

3774

9 'A Dec
103

5

101'%

Apr

-7

5

Dec

Sep

110

Dec

..

Sep

15%

Dec

574

Aug

109%
;

Dec

14

Jan

7% May

Jan

Dec

1037s

6
'9

9% Nov

■

Apr

1274

6

Jan

23% Nov

94

176

Nov

874

Sep

109%

Jan

9% July

,

15

Mar 24

70% Mar

82

July

Sep

17

72

Feb

3

54

71

Aug

27

32

Jan

2

27% May

2

6

Oct

24

3%

24

29

Oct

13

Apr

15

33% Oct

28

.

77

Dec

33%

Oct

Feb

6%

Dec

213/4

Feb

29%

Sep

7

14

Feb

303/4

Apr

30'% Jan

16

24

Dec

37

Jan

474

14

187s Nov

12

13

Mar

16% May 18
88 'A Apr:30

par

7% Jan

12% Mar 12

23'% Oct

13

17

Dec

108% Nov

16

86

57'A Nov

16

34

Apr.

17

19

108

Oct

9

Xl077s May 19
174 May 21
57'% Jun 26

111

Oct

10

974

Jan

17% July
38%

Dec

125

Nov

Jan
Jan

24

3% Nov

'

Dec

Impll

ilOO
——

1

No par-

Mar

67

105%

Dec

174

45%

Dec

52

4

112

Jan
Oct

4%

Jan

140

53A

11074

5%

574

110

'

33

*32

33

35

35

*32%

Dec

79% July

974

7

1 % Oct

9

Feb

15%

'A

Oct

174 Jan

Mills

2

434 Oct

24

12% Feb

ilOO

20

—

27

18

Oct

26

91

Jan

7

Chemical Co_——_10

66

preferred—i—No par

110

May 15
May
8

112

May

series

B——No

par

:

1

1

Dec

12%

Aug
1774 Aug

Dec

77

Oct

July

3-74

Feb

94

Sep

117% Feb

112

Mar

118'A

Oct

26

115

Mar

123

Aug

11074 Jan

>6

1087%

Jun

113%

Oct

33% Nov

102'% Apr' 28

10

120

7'

Sep

Molitg Waid & Co Inc—!_J_No par

23% Apr

9

24%

Dec

No par

36

Aug 26

42% Mar 12

35'%

Dec

43%

Jan

——*.-50

13

Oct

297e Mar 25

21%

Dec

30%

Aug

5%

Dec

12

9%

Dec

1774

Jan

1874 May

24%

Dec

•'

preferred series C—No par

Morris

(J)

& Co—,

Essex

&

Motor Products
Motor

974 Apr

—1

2

——.—No par

50

Mull ins Mfg Co class B_

$7 preferred-'

\

1

2

:

Jan

49

May

10874 Sep

474 7(>

preferred-^———
-100
Murray Corp of America—10
Myers (F E) & Bro——,„„No par

11

'

Oct

20

1274 NOV'..' 9
2574 Jan 20

23

3% Jan

Sep. 11

11% Jan

Munsingwear Inc————No par
Murphy Co (G C)—No par
'

24

20% Aug 27

Co—__———:—T

Brass

-

6V4 Jan*

Corp————No pat

Corp———.—5

Wheel

Mueller

-

2,000 <
100

1474 Nov

2

Morrell

300

*110%

28

Jan

7
1 O

'

'

60

874 Apr

No par

$4

700

(

16

V ICQ

1

110%

111

3
55

*274'

•«

111

28

!

500/
1,600

*15%

•'

16

60

60

57

*15%'

v

*54

274

*53 %

16

*

*33

34%

*33

2%

Dec

13

108% Jan

5
•

10

Carpet

Preferred

2,210 :

10% '

"2274

f

23

55

*15%

10

Nov

103% Jan

preferred series A—

$4.50

■

15,000

35

*31

1474"

'

*15%

May

40%

7

374 NOV
21

-100

"Corp

Monsanto

40

14%

22%

*

Jun

2

preferred—*.

Mohawk

300

118

1%

•

2,200

114%

33%

12%
3

171

35'% Jan

Mo-Kan-Texas RR

$6.50

2,900

:2,400

173/4

33'A

12%

3%

80

13%

*22%

16

13

Jan

—No par

preferred series C_

Minn

200

17%

33%

•10%

55

r—No

pfd series B—

•

1,900

1

10

7974

7974

32%

10%

*2%

% May

19

21'%

24'A Apr

10

1st preferred———ilOO

cum

4 %

1,700

118

■118 V

*10%

55

24

21

■

5

Prod

'

*15%

6

22'/4 Jun

par

Petroleum——

Minn-Honeywell kegu
4'A %

%

•

3 %

14

'

Jan

9

18

4'% Jan

-——5

Copper—

Midland Steel

230

Co__—No

v

36'/a

13%

14%.

,

_

Machine-Co_i

700

123/4 '

■

33 V2

*33%

36%

13%

Mesta

Min Trans

Miami

60

xl23/4

1

*17%
•"

109%

33%

33

*33%

28'%

Nov

'Nov

60

—50

Mid-Continent

2%

60

■

1374

3%

18

*115

109%

133/4

Vi

80

*118

108%

108%

•

3%

80

v

Jan

'

*17%

17%

82%

12%

20% Jun

No par

preferred-.

&

112

274

60 "

*59%

•

1

3%

17%

Dec

6474 Oct

—No par

—

1st

Merch

3,700

*110

2%

conv

3,900

108 %

•

1

82

18

82%

82%

J

3%

3%

3%

*17%

1

1

Sep
Sep

374

3

6

—1

2,400

108

*107'A

112

—

•z

par

(The)_

(

55

1073A 107%
2%

■■2%

14

*61%

Jan

32'A

46% Jan

May 12

5% Jun

,1

'

6

108 '

55%

5%

700

5%
20

—No

1,900

1

17%

r-

11'A
17 V«

Dec

176

5

Mar

101

__—100

preferred-.

$6 preferred series A

20

,

1

_

$5.50 pfd ser B w w

5

*31

27

Co

Melville Shoe Corp——;

53A

56%

Corp

Stores

"

17%

108 Va

Dec
Dec

974 Jan

/

100

2,200

6%

54%

Jan

37«

27'% Oct

.

18

Inc..

29

5

"

'

17%

r

conv

Mead

60

26%

17%
*107

McLellan

8%

70

60

Robbins

preferred—

■

800

18

571/4

5 'A "fo

500

6%

*6%

17%

56%

McKesson &

1

104

*100%

6'A

400

18

56%

5'A

11

6'% Jan

McGraw-Hill Pub Co.—..—No par
,5
Mclntyre Porcupine Mines.

13

'

*108%

6%

26

27% '

*19'%

17a May

Dec

x20%

997a Aug 21
14
Apr 17

100

McGraw Elec Co_

700

*57

4%

27

Jan

6'% Jan

29

10

'

'

•*65

253A

*29%

Sep

%

274

29

24

1

.a

*

33

18

56%

6

11% Oct

20

Apr

Apr
1% Jan

1

Corp

McCrory Stores Corp

300

9

323/4

13

6%

60

26%

26%

I 5.8 Nov

25

1374 Sep
76
Jun

•

1,200

22%

*8%'

109 3A

*10074

6%
70

4%

26%

*28

104 »

25%

5

28

12 Va

109%
"

6%

*56%

4%

28

'

13

70
'

25%

.

109%

6'A

73

61

25%

5

5%

*100%

104

Aug

29% Jan

31

par

^

Stores

162

par

—No

—

preferred

$6 1st

12%

32%

32%

6%

*70

61

25

*57%

32%

*108'/a

6%

6%

73

*70

32%

13

6%

104

*100%

*8%'

108

12%

108

*6%

774

16%

127b Jan

■

10

Stores—

Department

Maytag Go——

100

12%

8%

32%

700

12

*102

*22%

9%

May

1,500

*12

'

106

22 3/4

'

3%

*92

100

*12
*12

50

19% J.

19%

12

9

32%

Dec

Apr

•

26% Jan

19
Aug 31
19% July 28

'

9

5%
1274

3'% Jan

8»% Apr 17
17'A May 20
3 % Sep
4
2274 May
1

par
—1

Co_—

Master Elec Co—i—,4 —1
V Mathieson Alkali Wks
par
7 % preferred-.
-100

400

,

168

20

12%

22 3A

23

*163

12

22%

Martin-Parry
Masonite

r

25

•

*22%'

36%"

36%

3%

11%

2434"

.

(Glenn

1,900

-

-

28%

*28

168

18%

12

8%

*163

18%

106

Dec

15

26

-

*2%
•,

•4

3%

-.

22'% '.22%

168

36%

3'A
98

22%

*8%

4

■

»

25

24%

11%
*102

4 ■:

4

12

12%

20%

28

20

12%

12

21

20%

374

*17»A

96

*12

12%

w

20'A

27Va

-

*94

20

12%

22%

*163 '

37%

*17%

96

103

22%

163'A

3

3%

*17%

24%

24%

24%

4

28%

474

6 % Jan

'

.

July

1674 Jan

May 2
Vo May 18

'

•

30

Dec

20

Feb

4

2

63

7-

174
46

153i Nov 12
6974 Jan

6
18

111

6

Oct

39%

Jan

474 July

Dec
Feb

74

974 May

61%

Jan

153/4

July
Nov

Apr

74%

Sep

27

474 Jan
30'% Jun

2

6'% Nov

6

4

Dec

8'A

Jan

2

397'. Feb

7

34

Dec

51%

Jan

174 Jan
37a Jan

6
2

174

Dec

1974

Deo

3

Dec

'

*2%

3%

*2%

6%

6%

6%

3%

*23A

3%

*23A

6%

6'/a

63/4

6%

21%

21%

16

16%

*23

24

23

23

*17

17%

16%

16%

*5

5%

7%

*7%

9

*8%

5

*7%

.

...

16%

16%
*155'A

*8%
16

16%

5

.

'7%

16

>157%

162%
16

16

7%

*159

16

5%

-5%

5 %

19%

19%

19%

9

*8%

14%

*9%

23%

14

7

9
..

*

14%

8%
14

8%

8%

14'A

6%

6%

6%

9%

:*9%

9%

:6%,

*9%

9%

9%

9%

23%

23%

24%

24'A

18%

5%

5%

68%

*17%

13%

18%

*16%

17%

5%

68%

*13%

24

;. 5%

5%

24

5%

x68

68

*67

*165

168 %

*136%

138

*165

13%

67%.

168'%

,138:

138

16

2%

*15%"
*32

34

2%

2%

52%

*52

5%

*165

*6.7

52

5%

15%

*5%

*33%

34

50%

52

5%

513A

5'A

5%

12%

.

12%

50

12%
60

60

12%;

5%

8%

"8%
.

73%

*5

*38%

*98

-

5 %

*60
*62 %

62%

3

5%

5%

43

""

60%

62%

*36

8%

8%

15%

*15%

74

73%

43

*36%

*109%
27

8 3A

27

26%

*2%

-

footnotes

*60%

61

3

5%

x53/8

5 '%

12

8%

8%

*14%
*73'/2

-75

*373A

43

*109'A

26'A

8%
15

15%
■

26

1374

Dec

2334

Jan

5% Nov

9

274

Dec

7'A

Jan

9

Jan

8*

Apr

7

24-

Nov

2

5%

Dec

974 Oct

23

674

Dec

11

5

16 % Oct

17

1374

Dec

18%

Jan

140
May 1
12 '4 Apr 23
374 Jan
2
11
Jan
2
67a Sep 16
12% Apr 30

166% Jan

14

160% May

175%

Jan

Oct

21

17%

Jan

57« Jan

—10

preferred——

10

,

100

pi^eferred—;——i.

.

No par

Dairy Products

C%

Nat,Enam & Stamping——No par

8,500

National
/

$4.50

Gypsum

Co——1

preferred-—No, par

eonv

13<

May

16

574 Nov

.

9

1974 Nov

16

9 % Jan

1274

Dec

3%

Dec

x10

Dec

•

SepI

974 Apr
1474 July

7%

Dec

11

Jan

1274

Jun

1674

Sep

10

3 3A

Dec

974 Nov 20

;•

17

IS3; Aug 25

45/tsJan. 9
874 May 1
17% Apr 24
14V4Mar l7'
83A Apr 28
60Jan
2

Stores—„——No, par
preferred
:*-—l
10

100

8

5

6'% May 16

Cqrp_L„_—r—5

Co—

Nat Distillers Prod——v-No par

5,600
(

100

National

,

Lead

G

preferred A
.^_*——_—.^100
fc preferred B—1QQ

400

Nat Mall

300

National

&

St'l Cast Co—No par
Co_:
-—4

National Power & Lt

1,100

National'- Steel Corp
National Supply (The)

5

,

400

(

500

No par

—25
—10
<--40

Pa

~

$2

conv

preferred——

61%

,

65

1

50

,

1,000

National- Tea Co

"5Va

1

2,600

Natomas

8Va

t

1,000

Nchl Corp

•

200

3

'

<

500

5'%% prior preferred-:
6%

'

-

*

*36

■

8%
:'

*14%

75

,

*36%

43

15%

'75

75

*109 %

574

43

(

50

prior

2 6 3/4

*263/4

9%

9%

9%

17%

■17%

1734

173/4

98%

98

98

97%

97%

27

5%
27

27

9%
•

17%
*96 3A

93/8
■

17'/a
977/B

;

600

,

1,900

1

*.100
—No par

—

No. par

—

conv

*

—,i._No per*
-__1

serial preferred—*100

Newberry Co (J J)——

*109'A

9%

Co

,—100

preferred—:

Nelsner Bros Inc.
474%

2,300
400

29'% Apr

Oil Products

5,300
f

25
145
May B
129 ^ Mar 17.
1374 July 2
1174 Apr

-10

Co—

7%

:

50

12

,

2%

8%
45

*73%

9%




1974 Oct

'

5%

17 Va

1839.

Sep

13% May 26

Aviation

*62

17%

page

23%

Biscuit

*60%

'

x9%
*98

Jan

:

National Dept

90

13%

50

5

"

■-*

9%
98%

,

2%

50

65

*274

18%

see

{

35

2%

5%.

9%

-98'%

14%

2,000

15%;

35

12%

*17%

9%
18

2

'

*62'A

16

43

2,600

Nat

574 July

20

29% Nov

Bond & Share Corp
No par
National Can Corp—
1C
Nat Cash Register
—-—No par
National Cylinder Gas Co_—
1

600

165

*15

,

3

73%

*109%

r-

138 k! 138 '
.,

50

*5
*1 *>■;••

•12%:

60'%

15%

99

For

*4974

3

*8%

27

9%

17%

50%

62

*73%

conv

x

Oct

16'% May 27

Louis

Nat

■

2%

59%

15%

*109%
27

12%

v

;

1§5

.

15 %

3%

73%

800

8,900

67

13 %

34%

62%

5%

.

.5%

67

,

2%

59%

5%

■V

v

.

15%

3'/8

5%

3,400

18

5.%

' ' 1653A
*138 -V 139"->

333A

62%

3%

*3%

500

2,500

24

;

6%

1%

'

2%

59%

.

63

*62%

12%

*165

15%.

2%

■

*12%

/-

*16%

13%'

139

2%

24

1734
67 -

166

157/s

•!

241% ■'

*

National

.

974

13

*137'.
*15%

34

7%

9%

67

3% July 14

^—100

Co„———r—1

Acme

National

1

14%

9%

800

600

■■

'87/8

:

7

13%';

—

Corp_;

St.

Nat Automotive Fibres Inc;.——!

,

5%
19'%

14

6 7 3A

National

&

7'%

Feb

10'A

17

Apr

25'%

11

Dec

20%

Sep

Dec

874

Jan
Jan

7% Nov

26

Sep 28"

18

Nov

.6

574 Nov

9

„

374

8

Mar

5

58 74, Dec

9374

16% Jan

12

12%

19'A

72

Sep
Sep
Sep

r

13

*165

'/a

2

19
-8 3/4

,

16%

-.5% ,/
•

•5%%

168

*33

2%

13%'

:

.

' 5%

'.

Chatt

7,300

.

163%

7%

>16%

5%,

139"

>137

16

34%

16

*33

13%

16%'

53/a

.

13%

*159

14 Va''

23%

24

16%

.

7%,

8Va
l63/a

6%-,

"

Nash

No par
4—7—5

Liquidating Co

Nash-Kelvinator

'

7%

*157/a

5'A

%

400

9S/8

6%

*17%

■

8

2,100

5

16

'

19% V
8%

14

14'A

16%

8 Va

.

16%

5%

83/4

,

14

■

163%,-.

19%

:

Nabco

9,600
170

*474

■

16%.

*15%

•

5

19%

6%
•

*14%

16%

5

19%

9

15%

*159

163%

*15%

5%

19%

*8%

16%

t

23%

16%

A

5

774'.'

7%

7%

8%

.

,

6%

■■

2174

16%
:

3%

.

6%

23%

"*43A

■

162 %

5%

9

4%'

*274

•

3'A,
6%

16'%

16

7%
8%

19%

*6%

*22'%

15%

*5%

14%

23%

43/4

8%

19%

.

6%

15%

16'A

8%
16

*2%

6%

*22

5

*7%

8%

16%

*156'A

162%

*15%

5

3%

.

No par

preferred series A—

Newmont Mining Corp
Newport Industries—

,100

10
;

N'port News Ship & Dr Dock
$5 conv preferred—.

—,1

—-1

—No par '

■

1'%
4374
4
954
4 5 74

■

Dec

Jan

29

160%

Deo

176

Jan

146

Jan

'7

138

Nov

154

Jan

Dec

24

Ju.#

Feb

36

1774 Mar 17

14%
26

35% Nov

28

16
28
14
1022
19
30
10
574 Mar.' 7
Apr

May
May
Jun
May
51
May
2% Mar
474 Oct

9

3% Jan

5

Oct

21

42

Dec

6% Jan 18

4

Dec

8%

Feb

54

1674 Feb

25

2%

Dec

68

Feb

Nov

Sep

Feb

6

41

Feb

5

43

Feb

75%

Sep

Oct

21

2

Dec

5

Feb

9% Feb

6

8%

Dec

11%

Oct

20

6%

Dec

14

1074

Dec

70'% May 26
Apr 27
Mar 10
22% Apr 17

15

69'% July

Nov

12

8% Nov

39

28

Jan

774 July

16%

4

15% Oct

109% July 27

104'

68'%

70

'75% Sep

Jan

Dec

774 Mar

63

5

11

Sep

168

3174
105

Dec
Nov

9%
17

Apr

July

79%

Dec

4574

Jan

110

Jan

30'% Feb

16

Apr

3174

Jan

28

ll3i Jan

12

534

Apr

11%

Aug

17% Sep 12
97% Oct 16

25 Va Jan

2

19%

Dec

2774

Jan

109'% Jan

9

7'A Apr

•

22'A

106 Va Mar

116

July

Monday, November 23, 1942

FINANCIAL CHRONICLE

THE COMMERCIAL &

1836

NEW YORK STOCK RECORD
Saturday

Monday

Nov. 14

Nov. 16

# per share

t per share

12

12 %

*13

13%

*13

38%

39 '/4

14

14

'

*43/4

5%
14%

*13%

*64

66%

*87
*26

2 8 3/a

2 8 3/a

28

28%

27

273/a

700

New

York Air Brake—

113/s

11%

11%

11%

11%

11%

33,500

New

York

Central

No par

13

13

13

12%

13

38

38%

*38%

14

14%

14%

14%

66

95

*87

95

27

27

27

%
*1%

13/4

%

%

21%

*203/4

162

114

50%

•

165

165

115

9%

9%

9%

9%

9%

50%

*50%

51%

700

49

49

49

49

10%

10%

10%

10%

92%

7%

7%

108%

*2%

3

2%

*30%

32

*30%

108%

♦14%
34%

15

2%

*2%

30%

*28 %

30%

*28

8%

8%

8%

X8

8%

10%

10%

10%

10%

10%

10%

26%

10%
26

26%

25

25

24 3/4

243/4

3%

4

68

3%

3%

3%

15% v
36

10%

10%

10%«

25%

25%

25%

25%'

4

3%

>■<'

68

3%

*3%

3%

3%

3%

3%

3%

*3%

3%

*3 %

16%

16%

16%

16%

16%

16 3/4

16%

16%

3% '

16%

25%

25%

26

,

__

*25%

26

26

26

400

3,900

163/4

*140

*140

►140

>140

145

>137

-

Omnibus Corp (The)
8% preferred A—

,

120

•

27

600

..

26

*25%

28

*45 %

47%

*45%

47%

*45%

47%

*45%

47%

*45%

47%

*45%

47%

*50%

51

50%

50%

50%

50%

50%

50%

50%

50%

50%

503/s

8%

8%

8%

*8%

83/8

83/a

*83/a

8%

500

63/a

570 *

*25%

i

3,400

>

8%

*53/4

6

*20 %

21

*20

21

*13%

14

*13%

13%

19

*18%

19

*18

*534

17%

23%

33%

*33

*32%

148 3/i

20

21

20%

21

213/8

223/8

14

13%

14

141/8

14%

14'/a

14%

19

19

19%

21

20s/8

203/a

500

23%

22%

23

23%

23%

23

23%

23

33

32%

323/4

32%

32%

32%

32%

32%

32%

1,300

16%

17%

17

17%

173/4

173/4

17%

18

1,900

89%

89%
*147

148%

*147

149

3%

3

3%

3%

3%

8%

8%

8%

8%

8%

2%

2%

2%

21'/a

20%

21%

7%

7%

104%

2

*100

104

104%

2%

2

32

*303/4

31%

*100

101

*100

101

7%

7%

2

31%

32

*31%

21%

21

104%

104

2%

2 3/4

2%

2%

213/a

2%

101

'

17%

17%

16%

17%

17

:

*116%

123;

*119

122

*119

pq

89

89

147%

17%
119

89

60

148

10

89

89

*146%

148

*146%

147%
'

73/4,

4,000

233/4

3%

104

22 V4

22

3%

3

*8%

3%

4

33/a

3%

8%

8 3/8

8%

83/a

1,800

*7%

23/4

2 3/8

2%

2%

2P/8

213/b

21%

22%

*7%

8

*7%

7%

104%

104%

8

*

2

2

*100

16%
*116%

2

*31
101

■-

400

v

V

118

-

:

118

*14%

15%

*14%

15%

*14%

15%

♦14%

15%

*14%

15%

*14%

1%

134

134

1%

1%

1%

1%

*1%

1%

1%

1%

25%

25%

25%

253/4

25%

25%

17

17

200

1

15%

1%

7,600

■

25%

25%

*16%

17%

*1%

1%

253/4

26%

*16%

1%

1%

1%

1%

1

25%

22%

25%

223/4

73

73%-

2%

58

74%

74

74

74%
2%

2%

1%

1%

2%

37%

*36%

*13%

13%

38

13%

13

2%

2%

59%

.

1%

1%

-1%

36%

*361/8
*13

243/4

25%

25%

25%

19

19

19

*19

*43%

44%

*43%

44%

43%

44%

*433/8

44%

433/8

2%

*1%

2%

24%

24%

24%

2

2

2%

*2

2%

24%

25

24%

24%

5%

43

41%

41%

41%

42

42

*21%

22%

21%

22

22

22

203A

24%

24

24

24%

*24

*5%

5%

*5%

♦24

5%

53/8

5%

5%

*5%

5%

203/4

21

460

24%

200

Pet Milk Co—

*5%

5%

55/8

*5%

5%

*5%

23%

24%

23 %

23%

233/4

24

37%

37%

37 %

37%

37%

37

37%

*37%

69%
105%

*109%

703/4

71

71%

11%

11

11%

11

11

103/4

103/4

10%

10%

*103/4

70

69%

70

70

70%

70%

70%

703/8

71%

70%

*105% 106%

*105%

*105%

1063/4

73

*11

105%
110%

*7

8%
79

*73

42

41%
*2%

,

3%

*70%

105%
110

723/4

105%
8%

41%

41%
3%

*32

33

5%

5%
*60

64

10

*9%

31%
*5

170

*168

4%

*4%
*53/8

5%

*60%

63

►26

27

68%

68%
►83/a

9

26

,

*63

4%

*2

"2%

14

14

65

18%
3%

•

30%

5%'
64

9%

4%
■

5%

*60

9%
169 3/4

9%

4%
*45/8

26

8%

*149%

62 %

8%

~2%

2%

"2%

2%

_2%

13%

13%

13%

13%

13 5/a

4%

*17

18%

18%

'

18%

7

4%
18

6%

7

7%

*6%

18%
43/a

4%

25%

25

•

*621/4
*73/4

-

63 %

62%

8%

18 3/8

4%

*2

Xl3%

*1473/4

*17

*4%

"2%
13%

18%
43/a

'

*2

13%
*17

43/a

18%

19%

19%

19%

193/a

7%

63/8

63/4

63/8

6 5/8

6%

7%

7%

♦7

26%

*26

263/4

26

26

51%

51%

51

51%

51%

52

*117%

119%

119%

*118%

119%

*6%
*24

7%
26

—

170

4%

*6%
*24

51%

51 %

513/e

119%

119 %

*118%

7%
26

51%
120

12

12%

7%
*24

51%
►118%

10'

200

t

2,500

•
.

62 % 1

150

8 3/s

800

•

63/i

.

7%

11%

77%

78%

77%

78%

76%

773/s

76"%

77%>

91

92%

90%

91%

91%

91%

90%

91%.

101%

101%

101%

ioi 3/4

102

100 3/4

101%

101

101%

101

101

115

115

115

115

115

IJ.4%

115

114%

1143/4

*115%

116

28%

28

For

115

*115%

116

*115%

273,i

28

27%

footnotes see page




1839.

116

283/4

115%

115%

*115%

27%

28%

28%

116

28%

115%

115%

28%

28%

303/4 Jan

2

23%

Dec

35

Sep

23% Jan

7

19

Deo

32%

Jan

26

Pitts Screw & Bolt^__:
...No par
Pittsburgh Steel Co__
...No par
>1% preferred class B_;
-100
5% preferred class A
;
—100
5%% 1st ser conv pr pfd
-100

Apr 29

14

.

1,260

.

1,340
760

300
200

16,100'

Procter & Gamble—_No'par
5% pfd (ser of Feb-1 '29)
_100
Pub Serv Corp of N J—
No par
t$5 preferred-.!—
No par
■
t6% preferred100
-17%
preferred—
-100
8% preferred—-—
-100
Pub Ser El & Gas pfd $5
No par
Pullman Inc
>
No par

-

17%

Jan

Apr

58%

Jan

57 %

Jan

50%

Jan

27

I

14

Jan

Jan

Dec

50%

31

2

93

,

2

8% Nov

.2

98

July'

8

Jan-20

'..1

38

Nov

Jan

--3%

Dec

21

Oct

14

Jun

7%

3% Oct

Feb

18

34

14

.

40%

.

Nov

2%

Jan

Oct

,

Dec

27% July

7%

10 % Jan

63/8Apr.29
Jan
2
,.
2% Jan 2
59
Jan
2
2% Apr 28
11% Mar 12
.132
Mar 20
.xl6%Apr28
42
Jun 26
43% Apr 25

Aug

34

Mar

•

8%
113%

'

;

7% Sep

20

Deo

13%

9

6%

Feb

12

133/4

Feb

23 3/e July

6% Jan

12

2

Dec

10

Jan

9

54

Nov

.

79

Jan

Dec

104%

Jan

Feb

6%

Sep

93/4

7

Nov

17

July

2%

4% Jun 29

i

,10

Feb

263/a Nov

.11

17

r

107

15% Nor

Apr-14

,31% Apr 27

Sep

Dec

Dec

k3%

110% Sep

Oct

17%' Jan

Dec

10%

6

.96

Apr

100,

6% Mar 27
4% Apr 27
16
Apr 28
9% Apr 27
7
Jan
5
15% Apr 28
22% Apr 27
133/4 Jan 3
74
Apr 25
.121
Apr
4
l%Mar 6
5% Jan
2
l%Jan 2
11% Apr 23
63/4 July 16

Sep 28

101

1
Jan
2
20% Apr 28
90
Mar 6
11% Apr 24
100% Apr 23

14% Oct 28
l%Jan 2
19% Apr 29

Dec

17%

Jan
Jan

150

143% Sep 30

140

Jun

18

16

Jun

26%

45%

Dec

56%

Oct

383/4 May

525/.

Deo

26

Nov

48

Mar 28

54

Jan

3

8"% Jan

27

6 3/a Oct

8

25 3/8 Oct

8

Jan

3
Mar 20
133^ Jan 2
44.
Apr 15
56% May 1
^ 1% Apr 14
,
l%Jan 2
32
Jun 30
.11* May 15
104
May 4
18% Jan 2
16% July 2

43

Jun

Apr
May
Jun
May
May
Apr
Feb
May

15% Jan
3
May
26% Apr
4% July
58
Jun

?•

7% Apr
' 165
Feb
165
May
•
' 3% Aug
4
May
' 47% Apr
- 20
Jun

v

29
19
23
10
2

28
27
58
Jun 26
-6% Jun 25
153
July.22
1
Jan 24
11% Jun 24

*
-

•

22% Jun

42
'115

4%

Apr

63^

Dec

11%

Jan

12

17%

Dec

28%

Jan

Nov

12

26%

Dec

40

Jan

19

Oct

9

11

Feb

101

Jan

2

95

Dec

126

Jan

163

Aug

34

9%
62

73%
'

79"%
99

lllVa
; -203/4

19% Aug

148% Nov

9

147%

Apr

-4

Nov

19

1%

Deo

4%

Jan

9

Oct

21

43/4

Dec

93/4

Aug

3

Oct

14

1%

Dec

3%

Jan

22 3/a Nov

20

Apr

19%

Dec

8 3/a Jan

9

Jan

10

Jan

Nov

105

10

7%

6

2% Oct

""%

2

19%

8

32% Oct

Feb
Dec

7% July
37%
106

Jan
Jan

19

99

May

17% Oct

8

10

Feb

16%

Dec

123% Oct

8

95%

Feb

115s/.

Dec

14%

Apr

101

Nov

Jan

2

2% Jan

14

29 % Jan

7

24%

2

17
.

Dec

1

18

Oct

2

Jan

Dec

30%

Jan

20%

Jan

143/a

Dec

1% Nov

6

%

Dec

29% Oct

20

6%

Apr

14%

Dec

59% Nov

19

43% Mar

54%

Sep

80 % Jan

5

73

89%

17% Mar

Dec

1

Jan

Sep

Sep

15

1%

Deo

33/4 Aug

Jan

21

1

Dec

3 V«

44

Jan

21

15

Aug 12

4
2

-

34%

Apr

11%

Dec

1083/4

Dec

108% Feb

27

25% Nov

2

17%

Dec

23% Jan

6

20

46% Jan

5

363/4

Jan

523/4 July
17 V*

Aug

112% Mar
25%

Apr

Dec

25

Aug

Jan

54

23/a

Sep

Aug

2% Oct

6

%

Dec

26 % Nov

20

18%

Dec

7% Jan

24

43A

Dec

513/4 Feb

7

41

Dec

603/g July

29% Jan

24

17

Dec

38

27% Jan

7

21

Jan

27%

Oct

Jan

13

5%

Dec

7%

Apr

5

4 3/\

Dec

7%

Jan

6

6

■

Jan

30% July

11% May

May

323/4 Jan

14

233/s

Dec

35%

40% Jan

14

35%

Dec

47s/# July

763/4 Jan

30

69

Dec

91

11% Nov

12

Jan

6

72

Dec

89%

Sep

107% Mar 23

105

Mar

1103,4

Dec

75

8% May

12%

Jan

July
Jan

110

Nov

16

9

Jan

27

,43/4 May

9

Aug

80

Oct

5

51 % May

77

July

433/a Nov

2

353/4

Feb

46%

25/8 Nov

16

193/4 Oct

5

6% Jan

15

68 ■'

Jan

21

103/4

■1

29

38% Oct

<

14

4% Sep

Nov

1 6

-

x
•

Dec

Feb

52

£>ec

4%

23%

Jan

Dec

73/4

Jan

46%

Jan

Dec

83/4

Jan

Dec

64

6%

84

Jan

Dec

15

Jan

19

163

Aug

160

Feb

25

174

Mar

181

5% Jan

14

63/a Jan

.

165

Feb

175

;

33/4

Dec

4

5

July

Dec

2 s/a

27

;

Dec

3% July

1%
38%
13

12

Nov

65

Dec

Oct
Feb

7%

Jan

95/.

Jan
Jan

62

21

45%

Feb

65

Jan

3

24%

Dec

43%

70

-

Oct

33%

Feb

14

51

Oct

75%

26

8

Dec

15

July

July 22

164

Mar

164

Mar

10% Jan
153

-

2% Sep

21

143/a Jan

■

28

A May

-

Jan
Jan

1% July

13%

Dec

17

July

16

18% Oct

Jun

21

Jan

5% Jan

33/4

Deo

83,4

Sep

43/4

Feb

13%

Oct

% Jan

5%

Dec

13%

Jan

83A Jan

6"%

Dec

13%

Jan

21
8

21%

29 % Jan

10

Feb 17
Feb-16.
Jun
3
Mar 30
Mar 31
Mar 30
Mar 30
Mar 19.
July 2

Nov

8
19

15% Jun
8
3% May 21
9% Jan
7
5% Jun
2
6% July 7

1

15 %

Oct
Nov

3

16
12
6
27
25
2
3
25
24
2
27

Nov

16

5

24
20

Nov

24% Nov

Apr 28
Mar 9
May 21
Apr
1
Apr 27
Jun

Sep

73/4
25%

Apr

I3/*

,

19%
4
5
x 22%
28%
49
7%
55%
98
103
6%
65
30
l3A

123,4

Apr
May

7%
10

21

13 % Aug

Poor & Co class B

4,200

215

119%

Dec

26

.

Jan

Deo

Feb

9%

53

Oct

109

9

52% Jan

25

Aug

179%

14

Jan

11 % Nov

'

_5

No par
Postal Teleg Inc preferred—_No par
Pressed Steel Car Co Inc.:
1
' 5% conv 1st preferred—
—5
5% conv 2d preferred
50

6,900 ;

■

192

116% Sep 29

Apr

Pond Creek Pocahontas—No par

60

•

12%

783/4

115

3

.

4% Jan

-

100

923/8

115

1

—1
-100
-100

1,000

2,000;

78%

101

preferred

Plymouth Oil Co—

500

52%

92%

12%

;

5,400

26

120

Jun

9% May 21

3
-10
-100
100

100
'

193/4'

12

Jan

Mar

Pittsburgh Si West Va__:
100
Pitts Young & Ash Ry 1% pfd-100
Pittston Co (The)
:
No par

900

183/s
43/a

;

■
-

13%

793/8

12%

■

100

93%

12%

;

330

78%

12%

400

25%

93%

12%

i

—

;
2%

%

85% Apr

7%

7%

230

5

„

series

Pittsburgh Forglngs Co_
Pitts Ft Way & Chic Ry Co

'
.

<

11%

12

200.

62% f.

*7%

183/4

*24%

*117%

*17

-

•

<

5
*58

*1473/4

*149%

2%

137/e

4%

5%
62%

'25%

62%

*73/4

.

10

•

1

4%

4%

4
*5

,.*58

5%

*25%

*169

169

169

4%
62%

63

*140

♦140

170

-

300'

64

*9%

10

*9%

10 J
400

•

5%'

*59

.

400

.

32

*5

5%
64

*59

64

*31s/8

32%

.*5

5%

*58

62%

*16%

*7%

*5

321/4

63

66

8%

*31%

*140
170

4%

8%

v1

.

*3%

1

—

*

*18%

3%

26%

4%

7%

*61%

18%

3%

26

17%

*7%

65

*181%

26%

*4%

18%

*61%

3%

*58

17%
*18%

8,600

■

18%

*31

—

..No par
preferred———
—100
Phillips Petroleum
.......No par
Phcenix Hosiery
—_!
5
Preferred -JL—
L100
Pillsbury Flour Mills
—25
Pittsburgh Coal of Pa—
-100
6% preferred———
-100
Pitts Coke & Iron Corp—
No par
$5 conv preferred
No par
;

3%*'

67

*43/4

5%

*149%

>149%

42 %

Oct

39

Phillips Jones Corp—

*3%

*168

63

*8%

100

•

*18%

9%

9%

5%

42

Preferred 4%%
4%%
series

»

1

/

*61%

*140

4%

400

3%

*61

170

*60%

Philip Morris & Co Ltd—

8

*2%

3%

*25/8

3%

Corp

Philco

79

*73

42

41.5/8

42

190
1,000

110%

*7%

8%
79

iV

39

.........No par

2,000

18%

*5

62%

*9%
170

5/8

*25/a

110%

*7%
*73

14

3

Mar 10

-

11

1053/a 1053/b
*108

Feb

% Oct

6% Mar 31

1
—100
——.—100
-100

70%

67

30%

31%

♦140

*140

*109

83/a
79

72%

3%

3%
5%

62%

1063/4-

670

18%

18

3%

41

71%

71%

111%

*7%
*73

3%

*65

65

18

*108

42

*2%

65

3 3/4

*3%

8%
79

41%

*2%

18

18

111%

*7%
*73

79

65

*62%

*109%

110

*7%,
*73

703/4

10,200

37%

*71 %■

lVa

108

Petroleum Corp of America--—.-5
Pfeiffer Brewing Co__
No par
Phelphs-Dodge Corp
25
tPhiladelphia Co 6% preferred
50
$6 preferred—
—
—No par

1,700

24% '

*5%

25%

*70 %

•

53/s .,;

23%

5%

5%

24%

A

A Jan

Jan 2
Mar 6
Jun 26
Apr 28
May 26

2Q5/b

*5%

Jan

23

Apr 20

Pepsi-Cola Co.
Pere Marquette Ry Co
5% prior preferred
5% preferred

37%

ona

2% Sep

%
15%
4
36
18

280

25%

Deo

10

2

36

200

37%

42%

51 Oct

100

17,600

53/8

54

100

5%

53/a

60

109

IPeoria & Eastern Ry Co—

42%

5%

5%

Feb

3

Peoples G L & C C (Chic) —

26%

*24

115

1

200

5'/a

24%

Jun

Oct

300

,

42 %

25%

25%

5%

300

.

44%
2%

1 %

*37%

*534

45,200

23%
19%

—

5%

*24

243/4

*24

600

20%

5%

*5

400

42%

*5

21%

.

25%

24%

42

5%

*5%

1,200

r

*415%

24 %

53/4

*41%

"

.

"1-

*44
*

1,300

13%

23 %

433/8

*1%

*9

1,500
*

36%;

*19

19%

*19

19%

1%

1%

36%

23%

23%

25%

*18 3/4

25a4

700

*1063/4

19

25%

20,200

23/4

*13

*1063/4

*183/4

25%

i

74%

74

13%

1,400

59

\ 2%

36%

13%

*13

*1063A

*106 3/4

24%

1%

3 6 3/8

1%

1%

37%

13%

*1063A

24%

100

-

1%

*58

745/8

38%

*1063/4

ls/8

23%

58

*13%

2

23%

58%

*37% -

2

233/4

59

2%

2%

163/4

*16

1%

*73%

58

3

*2%

17

ls/8

6,500

255/s * 26

26

%

58%

58

73%

733/4

17

*16%

59

*57%

253/4

*163/8

17

*1%
253/8

.

Park <fe Tilford Inc———
a
Park Utah Consol Mines
1
Parke Davis & Co—
...No par
Parker Rust Proof Co——2.50
Parmelee Transportation
No par
Patino Mines & Enterprises
10
Penlck & Ford
No par
Penney (J C) Co—.
-No par
Penn Coal «i Coke Corp—
10
Penn-Dixie Cement-—
—No par
$7 conv pref ser A_.
...No par
Penn G1 Sand Corp—No par
5% preferred—
100
Pennsylvania RR—J—————50
Peoples Drug Stores Inc
5

1,300

►

26

Jan

May 20

143

—No par
100
Paramount Pictures Inc—
_1
6% 1st preferred—
—100

50

16%

16%

Jan

Oct

112

15% Apr 29

Paraffine Cos Inc4% conv preferred,

300

101

*101

119

■

110

Sep

Apr
Dec

% Jan

Panhandle Easfn Pipe Line Co.100
Panhandle Prod & Ref
—
1

380/
1,400

32

16%

*116'/a

120

-

2

32

101

16%

16s/B

2

32

1%

32
101

*32%

1043/4

104%

104%

*104

28,300
21,300

2s/8

213/a

2%

.21

preferred100
Pacific Tin Consol'd Corp—
—1
Pacific Western Oil Corp
t.—10
Packard Motor Car
No par
Pan American Airways Corp__
5
Pan-Amer Petrol & Transp
5
6%

30,800

8%

5
-10

1st preferred
No par
2d preferred
No par
Pacific Finance Corp (Cal)
10
Pacific Gas & Electric
—
25
Pacific Ltg Corp
No par
Pacific Mills
No par
Pacific Telep & Teleg.
,-100

380

19

Feb

18

110

8

18

\

Pacific Amer Fisheries Inc—
Pacific Coast Co__

410

133/4

*8%

*7%

6%

6

6

*18%

90

*89

91

*89%
*147

17

18%

5 3/i

173/4

23%

23%

6%

6

5%

6

No.par
....No par
6
-100

P

'
.

8 3/a

*8%

1063/4

2.50

Oppenheim Collins—
No par
Otis Elevator
..No par
6% preferred
;
100
Outboard Marine & Mfg—
5
Outlet Co
No par
Owens-Illinois Glass Co—12.50

.

9

-

Ohio Oil Co
Oliver Farm Equip

1,200

1,400

68

16"%

Preferred

Norwich Pharmacal Co

17,100;
:

-

4

*67%

3%

3%

*67%

16%

145

50
700

10%

■

6

19

No par
50

Norwalk. Tire <fc Rubber—

200

8%

*3%
*137

270

3

8

8%

1,400

32

*28

32

68

*33/4
68

69

*67%

68

68

15%

*2%

3

*2%

3

2%

.

Feb

15

May 22

% Jan

50
Ry__——„—_100
tNor States Pow $5 pfd—No par
Northwest Air Lines—:
-No par
Northwestern Telegraph——.—__50

350

36

35

15% Feb

8

Northern Pacific

21,000

Jan

4% May

5

6

3S2 Jan

Northern Central Ry Co—.

30

"
,

108%

*108

15

35

8%

*8%

108%

*108

15

34%

7%

24%

8%

23

24

50
5Q

-5%%, preferred series.

Dec

12

Jan

10

—

preferred series.:

Aug

25

15"% Jan

North American Aviation—-—-1,

8,000

92%

7%

7%

7%

7%

*92

92

92

92%

30%

2%
32

500

,

h

108%

108

15%
34%

14%
*34

6%

47%

6

2

80

—100

North American Co

22,700

50%

92%

14%

preferred

Adjust 4%

Feb

Feb

May 25

61

.5
100

10

7%
19 %•

tNorfolk & Western Ry

530

*113

92%

34%

3%

163

Aug

51

123/4 Apr

preferred

Noblitt-Sparks Indus Inc—

<

114

10%

,

22%

2,100

,

114

51%

7%

*21%

22

900

3?2
21%

21%

162%

49%

*92

32

21%

33a

32

114

10%

14%

67 %

9%

*

162%

*50%

108

8%

1%

*21

*48%

34%

1,500

21

10%

15%

1%

A

49 %

34%

1%

1 %

280

,

Jan

183/4

10 3/4

2

4

No par
50
10% non-cum preferred
50
N Y Lack & West Ry Co
100
IN Y N H & Hartford
-.100
Conv
preferred
100
tN Y Ontario & Western.^
—100
N Y Shipbldg Corp part stk
_1

1,500

20%

50%-

50%

%

1%

10%

7%

109%

10%

10%

26%

3/8

15%

Dec

6

10% Jan

NY & Harlem RR Co—

—•

26%

%

22%

160%

95

27%

%

%

32

*21

*87

.

Deo

13

17% Feb

11

Jan

45

Dec

7

5

12% Oct

Jun

No par

York Dock

5%

70

263/4

27

New

No par

Omnibus Corp

NYC

300

66%

*66

95

*87

14%

14%

66%

66%

65%

*48%

*34%

*25%

14%

10%

*14%

*8%

*13%

14%

48%

7%

109 %

400

36

t per share

26

32% Feb

24

11% Jun

100

preferred series A

6%

1,000

5%

51

*92

93

7%

14%

*4%

10%

10%

*92

*14%

5%

50%

49

10%

*39 %

14 %

*4%

*

*112%

114

9%

39%

14%

48%

50%

48 %

161%

*112%

10%

10

10%

10%

22%

161

162

*112

163%
114

*1%
20%

21

*21

227/a

*21

23

*21%

A

32

20%

21%

38%

14%

%

1%

1,900

39

95

26 3/4

%

1%

32

32

.

65%

27%

*

21%

*13%
*87

95

%

A

1%

1%

163

643/4

*87

27

>112

14%

643/4

65

11

*

*13%

13

6% Jun

100

N Y Chic & St. Louis Co

600

*123/4

40

5

5

5

5

143/4

*12%

-

J per share

t per share

23"% May 21

No pur

11%

5

*43/4

*13%

28%

113/a

*28

Highest

Lowest

Highest

$ per thart

Par

383/4

11%

14

EXCHANGE

Shares

I per share

1 per share

share

Lowest

12

28%

*27%

38 3/4

9 per

On

STOCK

13%

283/4

*27%

share

the Week

Nov. 20

Nov. 1!)

Nov. 18

Nov. 17

1 per

NEW YORK

Sales tor

Friday

Thursday

Range for Previoui
Year 1941

Range Since January 1
Basis of 100-Sliare Loti

STOCKS

HIGH SALE PRICES
Wednesday
Tuesday

LOW AND

523/4 Oct
122

Oct

14% Jan

Dec

21

50

Dec

16

115

Jun

113/s

Dec

75%

Dec

92

403/4

61%
120

29%

Jan

Jan

Sep

July
Jan

110

Jan

Dec

123%

Jan

111

Jan

106%

Dec

137

Jan

123

Jan

117

Dec

158%

Feb

116

Oct

114

Dec

117%

Oct

Dec

29 %

July

86% Jan
x99 % Jan

•

28% Nov

193/4

Volume

156-

THE COMMERCIAL & FINANCIAL CHRONICLE

Number 4127

LOW

Monday

Saturday
I per share

10%

t per

I per share

10%

10%

Nov.

Nov. 18

I per share

Sales for

Friday

Thursday

Wednesday

Nov. 17

share

STOCKS

SALE PRICES

HIGH

AND

Tuesday

Nov. 16

Nov. 14

If)

Nov. 20
t per share

I per share

10%

10%

NEW

the Week

YORK

Range Since January 1

STOCK

On

EXCHANGE

Shares

10%

103%

10%

10%

103%

>100%

103%

103'/a

103%

89%

89%

89%

893/4

89%

88 3A

89

13%

13%

13%

13%

13%

13%

13%

13%

700

preferred
preferred
Purity Bakeries

10%

10%

11

*93/4

10 3A

*9%

10%

200

Quaker State Oil Ref Corp

10

10%

104

*100

90

90

90

90

89 %

*13%

13%

13%

13%

*10%

10%

*10%

10%

*100%
-

8,200

105 *

*100

100

1,100

Oil

(The)

No par

6%

5%

of

100-Share

Range for Previous

Lots

7
Apr 28
90% May 13

10% Nov

Lowest

I per share

9

Hlghes,
S per share

7

Feb

103 % Nov

19

94

Mar

91'% Jan

20

83%

Feb

9% Mar 11

14% Nov

9

8%

Deo

95% Aug
12% Oct

8'% Mar 11

100
100

conv

t per share

Year 1941

Highest

J per share

Par
Pure

Basis

Lowest

10%

>100

103 Vo

1837

10% Oct

26

8%

Apr

123/4 July

80% Jun

—No par

17

X

12

Dec

107%

Dec

Q
*10'

10

R
*4%

'■

'4%'"

4%

4%

*57%

58%

*57%

58

*57%

58'A

*83

90

*83

90

*83

90

:

3%

3%
*52

4%

4%

3%

3%

*83

*52

54

20%

20%

*20%

203/4

20%

20%

20%

9%

93/4

93/4

93/s

9 3/a

9%

93/a

263/8

*26 ■*

*26

26%

*26

*14%

15

14%

14%

*14%

*27%

28%

*273/4

28%

28 Ve

23%

23%

*22%

23%

2%

2%

26%

3%

*52

21

21

26%

9%

9'A
26%

26%

*26

600
300

14%

143/8

14%
27

223A

*2%

2%

100

.

27

22%

1,200

.

14 y8

27'A

*22'%

23 5/b

22%

223/4

2'%

2%

2%

2%

'

•

1,200
300

23%'

*22%

Real

700

,

93/a

27'A

:

"

*2%

2%
70

*61

*64%

70

70

*64%

*65

...

70

*64%

70

*2%

>

23A
70

*64'/a

6
6

Radio-Keith-Orpheum
6% conv preferred
Raybestos Manhattan
Rayonier Inc
:
$3 preferred
Reading Company
4% 1st preferred
4% 2d preferred

w—-

143/4

14%
*27'A

2% Mar
46% Mar

$5 preferred B

2,600

21

x9'A

-No par

$3.50 conv 1st preferred-—No par

600

54

28

14%
28'/a

'

3%

54

26%

*26

,

54

Radio Corp of Amer„

:

21

203/4

*9%

*52

54

*52

■

*52

54

24,800

-

57%
90

3%

3%

4%

•57%
*83

■

90

*83

3%

3%

3%

3%

4%

4%
57%

••

57%
90

-

4 Ve

57%

4%

4%

57%

-—

—_

Apr 23

343% Jun

7% Jun

3% Oct

4

15% Jan

9

ay* Deo

4%

Jan

13

47% Dec

62%

Jan

85

Dec

88

Deo

2

Dec

Nov

Apr 25
26

52

NOV

12

38% Mar

55%

2

21

Oct

15

14%

8

11% Jan 16

21V* July
18'/a July

15%

'153/4

6%

*6%

15%

16

16

6%

6%

13

12%

12%

*113A

10%

10%

10%

10 3/4

10'%

*70%

71%

*70

70%

*70%

49

*47%

49

*6%
*12%

49

15%

6'/a

*6'A

13

*16

17%

6'/8

6%

*6

6'A

70

6%

.<

300

13

*113A

13

*113/4

13

*11%

18

*15%

18

.

100

10%

10 %

10%

10%

10s/a

71

69

69%

69

69

*68

■"69%

47%

47'A

47'A

*47

49

4%

4%

10 3/a

103A

3,000
'

•

99

*75%'

47%

'4%

4%

15%

14%

15%

98

*98

47%

15

15%
77%

98

98

98

*96

98

*96

98

763/4

75

75

*73

76

*73

74%

75

75

300

6

6

5%

6

6

1,600

-

4%

14%

1

263% Feb

3

23

Dec

11 % Apr
233% May
20
May
1% Jan

16

15% Nov

2

10

V* Dec

28
28

28% Nov

6

22%

Dec

273A Aug,

23 s% Sep

19

19%

Dec

24

13

2 3% Nov

9

39

Jan

15

68

Oct

8

11

Apr

30

18% Nov

6

87

87

78%
5%

5%

67

■

73A

78%

5%

24%
32%

*32%

8%

15

Republic Steel Corp
6% conv preferred
6% conv prior pfd ser A

No par
100
100
No par
——100
100
No par

98

*96

100

9%

88

*85

89

67%

*62%

67%

*62%

67%

7'/a

7%

7%

7'A

2,000

78%

78%

78%

78%

70

5 5/a

53A

23%

24%

233/4

32%

32%

73A

9%

9%

73/4.

9

9

*9

5%

5aA

5%

55/8

5 3/a

18%

*18%

18%

18%

18%

*18'/a

12%

12%

12%

12%

46%

12%
*44

46%

5%

5%

3,200

Reynolds

23%

23'A

23%

9,700

Reynolds

(R J)

32%

*32%

32%

30

7%

46%

46%

30%

30'A

•

7%

7%

*9

9%

5%

18%

12%

5%

7%

7%

5'A

8

9

93/8

1,600

1

22% Mar

9

400

5%

6%

3,400

19 3%

19%

700

Ruberoid

900

Rustless Iron & Steel

*12%

12'A

12

12%

*47

55

47%

47%

■:

30

12%

30

30'A

30%

2,700

Roan

Co

(The)—

3 5% Mar

>55

90

Corp

12%

Jan

Apr

10%

Not

70% Nov

7

53%

Dec

67 %

Jan

34

Dec

61

Apr

49

NOV

14

21

2%

Dec

33/4

Deo

2

14%

Dec

223/4

Jan

101 ya

19

Jan

5

96

Aug

77

Dec

97

Jan

21

Dec

11

Jan

129

Sep

9

20
Apr 23
313% nov
9

Feb

19.

129 % Mar

4'%

Feb

3

97

Apr

Jan

20

60

Apr

803/4

8% Jan

5

6%

Deo

15% July

85% Jan

19

75 Va

Dec

95

74

5% Oct 23

4

Sep

July

Dec

103/a

27% Jan

27

22%

Deo

34 y4

54

Jan

27

493/4

Dec

53%

Jan

9

Jan

15

7%

Feb

12%

Aug

6

Apr

23/4

Dec

934 Nov

7

6 Va Nov

20

19% Mar 20

14% May

47% Nov 20

42

23

No par

9% July

4% Oct

7
May 20
34% May 13

1

$2.50 conv preferred—

Dec

Apr

7%

23

65% Apr 30
33% Jan
6

1

*46%

6%
9%

7% Oct

'6% Apr 28

No par

2
2

12

86% Jan

May 22
6'% May 20
75'% Apr 29

16

Not

100% Mar

54

—No par
No par
Antelope Copper Mines

Sep

16

8

78% July 30

X

'Apr

Nov

3

4% Jun

1

7

Jan

2%
53

Nov

11
:

Dec

29% Aug,
18 V% July

22

70% July

Oil Corp
Ritter Dental Mfg

6

11

x94 % Jun

Richfield

19

6

13% Sep

—.-—10

6

9

2% Jun 22

Tob class B——10

Common

Mar

38 % Jan

100

conv

19

5%
19

12'/a

5% %

23%

32%

8

preferred
preferred—

5 % %

*32%

24'A

32%

*78

7%

Reynolds Metals Co

preferred
Spring—

5%

24%

32%

*5%

*44

88

100

Revere Copper & Brass

70

7'A

88

7

X55

—_—-1

12,100

7% Feb
12'% Feb

7% May 18

25

with warrants-:

Reo Motors v t c

•

*62%

78%

5%

5%

73/4

24

78

5%

6

88

63%

7'A

24%

*9

Preferred

6% Nov* 19
103% Mar u

No par
10
-1

Mfg Co_

Rensselaer & Sara RR Co

*773/4

89

63 '/a

*32%
*8

*86'A

%

7%

*773/4

8

78%

88

*5%

7%

*62%

67%

8

6

5%

87

*62%

Reliable Stores Corp

2,000

'

*75

6%

1st pfd

<fc Co

/. 90

!

4%

14 3A

15

14%

15

4 Vz

(Robt)

Reliance

Oct

23% July

ft

;

Remington-Rand

340

■47%

•

6%

Reis

300

4%

4%

'4%

4%;,

*15

Dec

8% Dec

"

15%

3% Jan

100

Hosiery

Preferred

■'

2

4% Nov
58
88

Apr 25

100

—

Silk

88

--No par
1
100
,JVo par
1
25
50
50
50

34% Jan

27

133/s Nov

9

8'A

Jan

Jan

9%

Jan

53/4

Jan

21

Nov

Dec

143/4

Aug

Nov

48%

Jan

Deo

393/4 July
'A Feb

S
30%

31

*%
*

30%
ft

if
%

%

ft.
5%

*4%

*7

9

37%

106%

9

30'A

*'A
*%

5%

*4%

ft;

.

ft

5

37%

%

30

ft

ft,

.

%
*4%

9

5'
*7

30 %
■

9%

*4%

373/4

37'A

37%

37'A

37'A

37%

107%

107%

107%

107%

108'A

108'A

107%

10%

10%

10%

103A

20

20'/a

20

20'A

*93

95

*36%

38%

*92

114

%

*56

38

37%

*113'/a

115

*1131/2

115

*113'/a

114

*110'A

114

*110'A

114

37%

%

Ve

1

*%

16

16

2%

*2

59%

58'A

9%

9%

10

56

56

X7%

*9 %
*56

7%

7%

'A

ft

*%

*15%

2%

2

59

9'A
9%

9%
56%

7%

7 3/8

68

65%

66

♦63%

7

*63/4

7

*63A

*32

33

32%

32%

16%

16

16

2Ve

2%

2%

*15

15%

*1%

■

-

26%
29

*25

76%

76%

*17

*23/a

2%

*2%

2%

15'A

15'A

l'/a

*114

26

28'A

♦25

29

15

15%
15%

*15%

9%

9%

17%

17

17

15

15

15-%

15%

*15'A

9'A

93/a

9'/a

*16%

14%

*1%,
*25
28

283A

*75

*110

■'

16

9%

77
—

*76
*110

2%

15%

'

26 'A

*273/a

28'A

28'A

77

*25

26'A

.

■

1 'A'

77

10

16

2%

15'A

AVe

3,100

'

—No

preferred—

•

500

•

No

Inc

.

Steel Corp

Sharon

$3.50 conv

(W A)

Silver King Coalition
Simms

26'A

100

28%

1,900

77
110

Petroleum

2%

2%

2'A

2'A

*14%

15%

15'A

15'A

21%

20%

20%

20%

20%

2%

2%
15

15

*20%

125%

*123%

125

20 %

20%

20%

21

125

2'/a

:

*15

19%

17%

'

17

'

''

17

/

16 3/8

16%

13%

14%

*15%

15%

14%

15

15

16

153/4

15%

9%

9y4

9%

50
300

9'A

9'A
2'A

2%

2'A

2%

17-

*15

15%

*15

20

*19%

20%

20%

2'A
15%
21

1,300
700

21,700
7,700
500

124

123%

123%

123%

122%

122%

21

20%

203/4

20%

203/4

20%

205/8

*11%

150

2,900

11%

11%

*11%

12

ll3/4

113/4

11%

11%

*11%

11%

113/4

500

16%

163/4

16%

16%

16

16%

15%

16%

Xl5

15%

15

15%

38,800

15%

15%

15%

15%

15

15%

15

15

15

15%

15

15%

8,400

34%

343/8

33%

33

33%

6,800

46

45

34%

34%

32%
v

32%

323/4

46%

*45%

*2%

2%

*23/4

2%

2%

23/4

2%

2%

*2%

*2%

2%

*2%

2%

2%

25/8

2%

2%

*43

46%

*43

32'%

46%

*44

33%

*44

46%

34

34

55%

54%

553/4

3%

3%

3%

*35

35%

35%

36%

36

3 6'/a

*35

36

*34

34%

34%

33%

345/a

34

34

110 V'a

110%

*47%

48%

48%

*47%

*94 %

%

*54%
3%

94%:

*94%

II

'

253/4

553/4
33%

,

$6

34%

*33%

34%

33%

33%

553/4

*54%

553/4

*54%

553/4

120

*47%

48%

~4%
97

*94%

35%

36

36

34

110%

3%

3

35

33/8

*108%

4

34%

34%

34%

1,100

*108%

110%

*108%

110%

30

*47%

48%

*47%

48%

3%

*112

~4%

4

*95%

97

3%

3,500
560

*112

_4%

4

97

*96

"4%
97

20,700
100

ii

3%

%

134

1%

1%

1%

1%

13/4

1%

1%

A5/e

1%

1%

*9%

93/i

9%

9%

*8%

9

8%

8%

8%

8%

*8%

-

23

79

Jun

94'/a

Apr 16
Aug 17

38

Nov

9

31

Dec

116

Jan

10

109%

Jun

115'A Mar

Jan

110'% Oct

21

107

Dec

112

ft Feb

10
26

Ye

Jan

%

Dec

20

11%

Dep

9
11
23

Dec

783A

Jan

4'/a

Dec

10%

Jan

14

10'% Nov

6

7'/a

Dec

Jan

6

48%

Deo

143A July
713A Jan

73% Nov

17

3'/4

Apr

51%

Apr

8

4% Jan

14

20

14

20% Aug 26
19% Apr 23

100

Smith (A O)

-No

65

10

Corp

Smith. & Cor Type v t c

No par

Snider Packing Corp

No par

2,500

13%

4,600

33

South Am Gold & Platinum

So

Porto Rico

8%

Southern California

5%

preferred

preferred

—

9

400

(The)

Sperry Corp

Spicer Mfg Co

—

$3 conv preferred A

Spiegel

Inc

Conv $4.50

preferred—.

Square D Co——
5% conv preferred
Squibb (E R) & Sons
I
$5 pref series A
Standard

Brands

Standard Gas

No par

No par
No par
No par

:

4

18 % Feb

5

50%

a®
3%
SVi
6

..No par

El Co

$4 preferred—
16 cum prior preferred
$7 cum prior preferred

5

18% Nov

1%
1%
53%
17'%
217%
30
49
2'%
293%
27%
108'%
40%
109%
23%
89 %

No par

.

12% Jan

5

24
20
6
28
28
28
16
17
16
24
1
9
10
29
May 2

Apr
Nov
Oct
Apr
Apr
Sep
Mar
Sep
Sep
Jun
Jun
Apr
Aug
Apr

Sep

25
14
28

26%

271/4

1,700
21,800

Standard

No par

18

25%

26'%

13,600

Standard Oil of Indiana

25

20

43%

43

43%

43

433/8

43%

433/8

43%

4334

43%

44%

20,940

25

30% Apr 24

39

39%

39%

39»/4

39%

39%

2,100

Standard Oil of New Jersey
Standard Oil of Ohio
L_

93/4

10

♦10

10%

39%

39%

39%

*25

25%

*24

25

25

25

58

58 %

*563/4

57%

57

57%

100

1,500

7%

7%

73/4

7%

7%

7%

7%

73/a

75/8

4

4

3%

4

334

3%

3%

3%

33/4

3%

33%

3%

2,500

6%

6%

6

6%

6

6%

6

6%

63/8

63/«

6%,

63%

19,100

5%

5%

5%

53/4

5%

5%

5%

5%

5%

53/8

53/8

55%

5,700

49 %

50

49%

*123%

125

*1233/4

125

3%

4

3%

4

3%

3%

3%

x33/4

3%

13

12%

123/4

12%

12%

12%

12%

12%

12%

13/8

1%

1%

1%

*l3/s

1%

1%

1%

12%

12%

12%

12

12

11%

12%

24

23%

23%

24

5

*4%

*12%

123/4

12

23%

23%

*23

*4%
21%
For

5

21%
footnotes

24

*23 y8

5

*4%

*4%
21%
see

21%

page




213/4

213/4

1,800

48

49

*47

49

49

49

400

125

125

*124

126

*124

127

120

213/b

Oct

112

Jan

114

Jan

14%

Feb

255/b July

Jan

15

Sep

Feb

18%

Nov

Dec

103A July
2«/8 July

4

5

21%

Oil of Calif

Starrett Co

10

Stewart-Warner

Corp
Stokely Bros & Co Inc

Stone

&

Studebaker Corp
Sun Oil Co
Class

A

pfd

No par

3%

2,900

12%

12%

2,300

1%

13/8

1,500

Mining Co
Superheater Co (The)
Superior Oil Corp

12%

1,800

Superior Steel

25'%

500

12

24

*24%

*4 5/0

5

*4%

5

215/a

I 21%

21%

22

Sunshine

Corp
Sutherland Paper Co
Sweets Co of Amer

3,800

Swift &

Co—

100

cum)

(The)

:

_100
No par
1

:

100
10
12'%
25

193/a

13

Jun

23%

120

Aug

x

16%
x

10

3

273/a

Jan

Dec

131/2

Jan

8

11%

143A

Feb

19 Va

Sep
Aug
Jul,

36%

Nov

13

19%

24

23% Mar

Feb

1

May

6

2

Dec

July 30

60

3% Feb

Dec
Mar

Dec

Mar

Aug 24

150

Aug

37%
2

OU
Jan

6% July

Mar

69

Nov

6

17% Dec

22

313% Jan

6

27 Ve

37

Mar 24

27%

393/4 July
38'/a July

60

Jan

3

4% Jan

6

45% Jan

14

383/8 Jan

6

Feb

11

59
24

114

>

49% Jan

6

113

Jan
Jan

6

110

Jan

8

Apr
54% Aug

60

July
July

Deo

Dec

3

34%

6*%

Jan

Dec

57'/a

Jan

31% Feb
111

Deo

40'A Aug

1173/4 Aug
48'/a Deo

8

5

Dec

47%

Dec

~3%

Dec

~65/a Jan

Jun

113% July

108

% Nov

% Oct 27

1%

Jan

2% Oct

14

%

Dec

4% Mar

11% Jan

14

8 3A

Dec

21V* Mar

13% Jan

14

10%

Dec

22% Mar

14

28'% Oct 23

17% Mar

25%

28

27% Jan

6

25% Mar

34 Ve July

Nov

12

33

Feb

46%

Dec

Aug

45

Nov

39% Nov

9

33

Dec

48 ya

343/4 Jan

16

29

Dec

40

Jan

Oct

23

51

Dec

66

Jun

4

par

Apr

33% Jan

1

(The)

(4'%%

33/4
•

No

Dec
Feb

28

5% Jan
3% Mar

5
1

:

Webster—

Apr

25% Apr

x_No par

Sterling Drug Inc——,

■

1%
13

233% Aug
1
42
Apr 24

25

L S_

(The)

9

Oct

39

3

Apr
May
Apr
Mar

253%

1%

35'A

Feb

10

343% Jan

No par
1
No par
No par
1
No par
No par
2
No par
——-1
—100
No par
No par

$4.50 preferred

27

21% Nov

9'% Apr 20
Jun
2

100

Mobile & Ohio stk tr ctfs

Sparks Withington
Spear & Co

144% Jan

29

12'% May 20
233% Jun
2

—No par

——No par
——100

Ry——

26

10

Co——7.50

Southern Natural Gas

Southern

26% Jan

26%

1%

Feb
Dec

3

25

13

95

111%

16

14% Apr

Edison——25

Southern Pacific Co

23/a Jun

153% Jan

14

No par
-—100

Sugar
preferred

6

17% Jun 27
122'% Nov 20

5

Greyhound Lines—--

17

Apr 17

1®% Mar

1

S'eastern

26

50

18%

7%

10%

124%

30% Oct 23

Jan
Nov

4

25

*48%

Jan

30 3A

9% Nov

6% Mar 11

15

Socony Vacuum Oil Co Inc

26%

*124

5

Oct

133/8

10%

49%

Dec

22

9

4

43%

*

16 3A

Jan

5

24%

7%

Sep
Jan

2 Va

6

25 %

7%

Dec

40

21 %

Feb

10%

58%

Nov

Dec

15% Nov

25%

57%

Dec

6%

Nov

203% Jan

26%

57%

Nov

Dec

5%
59

1

2

10 %

7%

2

11%

1% Mar 24
27

Feb
Dec

10y» Jan

9

28.

243%

573/8

32%

Aug 27

Jan

26 %

58

4

Jan

10%

*57%

14

112

26%

26

17

Nov

100

27

*25

Nov

7

29

25%

26%

66

July 10
July 28
Apr 15
May 18

Apr

108
15%
9
13 %

par

26%

39%

60

15% Nov

% Apr

26%

39

33/4 July

Apr

49%

26%

*25

July

9

11

263/4

Jan

3/4 July

4

2% Jun 30
11% May 6

—15

——

1%

'A
17

Nov

10%

39%

33/s Mar 24
62

Sep
July

93A Nov

26

*25%

Nov

39%

6

26%

*10%

1% Sep
17

16% Nov

No par

preferred—

$5.50

25 5/a

*54'/a

3%

Oct

24

Mines—_—_5

Spencer Kellogg & Sons

25%

2,500
1,400

*112

4

%

253/8

*33%

34

34

48%

26%

*112

94%

ft

25%

~4%

4

95%

<

*35

*22%

*112

23

23

34%

"4%

50

*22

*22

3%

4 %

*35

*35

23
26

54%

*47%

800

50

34%

*112

1%

253/4

26%

115

1%

*22%

50
23

25%

*110%

1,700

*35

*40

*22%

26%

115

2%

23

50
23

*110%

200

23%

50

*40

*26

*34

2

45%

23A
2%
50

*22%

:

98

10% Apr

'

1,800

20%

*122

May 15

'

123 %

:

17%

35

.————No par
—10

Skelly Oil Co

Sep
Sep
Sep

23

Apr

54% Apr 29
4% Mar 6
30% May 21

Sloss Sheffield Steel & Iron

■

Jun

Jun

52'% July

15

Simonds Saw & Steel-

Simmons Co

Apr
Sep

113

8'/a

4% Apr 29

—

700

47

Dec

2

8

No par

Shell Union Oil—

Apr

1067/s
12 3A

1'% Sep 16

No par

Pen Co

Apr
May

3

No par

pref ser A

x

'/a

15

No par

(Frank G)

Sheaffer

3

35

3

Jan

8

4"% Jan

.——No par

Sharpe & Dohme
Shattuck

Jan

July

43% May

par
-1

No par

$5 conv preferred

44

110

6

4

Sep 22

ft Mar 21

5

Corp_„

Seagrave

10

21% Oct

10'% Apr

'

93/a

Dec

19% Jan

Va Jun

par

.——100

Seaboard Oil Co of Del——_No par

4,100

*75

ft

■ft Dec
1 % July

Apr 28

9% May 19
123%
78
25'%
109'%
106'%

No par

ISeaboard Air Line
4-2%

100
5

No par
No par

$4 preferred

l'A

110

23

—

Co
preferred

$4.50

153/4
■

7% Sep

5
Jan
2
29'% Apr 30
104
Jun 23

—5
100

Scott Paper

300

1,900

33

15%

153/s

15 Ve

15

*163/4

18

15%

15'A

15%

'

7

*32

VA

*110

*14%

33

200

,

.

63%

6%

2%

*75

*110

*110

*32

63%

7

7

—

Schenley Distillers Corp_.
5%% preferred

180

6,600

15%

*25

26%
29%

10

7%

65%

Jan

2

No par

Sears Roebuck & Co_

57%

7

9
22

100

preferred
Savage Arms Corp——

Servel

7%

33

15%

300

*56%

*63%

ft Nov
l'/a Sep

5%

5,800

7%

7

27

2

3

100

7,000
'

57'A

*2%

*1%.

*75%

29%

15%

2'A

57

65%

*32

700

10

7%

May 26
ft Jan

% Jan

preferred—

Safeway Stores

20O

*93%

15 %

1%

*28%

26%

*76

2%
15%

*1%

1%

33

7,200

9'A

*9

5%

—

-

59

9%

10
—100

—100

Francisco

preferred——-.

ISt Louis Southwestern

20
—

17

58'A

6%

'

%

*3/4
16%
*2

2'A
9

2,200

0
32

'A

v
>

58'A

9

56%

7%

7

15%

*2

9%

57%

'A

573/4

58%
9

*66

15'A

%
16'A

2

.

9

7

*32

'A
%
16'A

1

58%

37%

■

16'/a

"A

1
16

68

16%

38

37%

•

7

*64'%

200

.

•

115

*110'/4

*9%

7%

93%

115

9%

57%

7%

*93

93%

114

2

10%

371%

93

94

3,800

3,800

*113'/a

58%

9%

*10

37%

*92

10%

20'A

*110'A

*%
16

60

9%

37%

94

510

20

V

Louis-San

ISt

•

10%

20'A

114

%

1

2%

*2%

*92

10 3/8

10%
*20

;

108

115

115

*110%

16%

59%

95

37%

117

.

1,000

*373A

10%

.

37'A

Joseph Lead

80

37%

20%

%

50

9%

>8

1073/4

103/4

*%

5%

St

600

37%

20

•

'/a

*4%

9%

11

500

ft.

%

'.

5%

*8

20%

*16

r>

](T

%

5%

11

*110%

«

106%

107

*114

ft

'

9%

9 Vz'

20 %

.

.V>

ft

%

.

n

•

43
116%
3%
11%

Apr
Apr

61

2

8% Nov

6

9

4«/8 Jan

27

4%

Dec

3% May

8'A Jan
6'A

Nov

16

63/4 Nov 20

4%

Dec

8% July

2
28
13

6 % Nov

7

33/B

Dec

8V«

553/4 Jan

9

60

Apr

66 Va

Jan

Dec

126% Aug 17

117'/a

Jun

126

July

Dec

9

Jan

21

Jan

May 28

5"% Jan

14

3%

May 13
Apr 28

15% Jan

9

12%

Dec

l®/8 Jan

14

1V*

Dec

2% July

9% May 20
17% Feb 13
3% May 27

133/4 Jan

3

9'/a

Dec

16 %

Nov

18'A July
23'A Jan

20

25

1

Sep

16

24

Nov

4

43/4 Aug

1

Jan

26

3

Dec

193/4 May

5ya Aug
25

Aug

1839.
nrv-Jl

Monday* November -23; 1942

CHRONICLE

COMMERCIAL & FINANCIAL

THE

183&

I

per

share

t

share

$ per

$ per

* per share

share

per

28%

28%

28%

29

28%

28%

28 Va

28^/4

19%

19%..

19%

18%

19%

I8V4

I8V2

4%

4-%

4%

4'%

4%

4%

4%

4

5%

VJ

*0

*3%
*8%.

3%

3%

3%

8%

8%

8%

%

39 Va

39%

39

38%

39%

*3 Va

3%

3%

3%

3%

3%

36%

36%

36%

36 Va

7%

7%

7%

7%

34%
7%

6%

7 Va

6%

7%

6%

7 VA

38 !a

36

3 Va

3

3

*49%

52%

*50

51

3%

3%

3%

8

7%

1%

1 Va

14

14'A

*9

9%

*6%-

*6%

351%

35%

*35%

36

*2%

3%

*2%

8

*7%

27

*26 %

26

%

1

Va

94

8%

28%

28%
39 %

39

5%

5%

5%

15%

14%

14%

1%

2

2

93%

600

28%

1%

14%

14%

14%

13%

14%

13%

14

25

25%

*24%

25%

25%

25%

25%

67%

7*%

7%

7%.

39 %

39%

39%''

39%'

8 Va

7%

8%

4%

7 Va

4%

•

69

69

69

*68

70

70%

7%

69

71

5

*4%

5

5

%

5

5Va

5 Va

5 Va
71

7%

7%

■

•

1,000

Va

*7

230

■:

70%

70

.

.1,200

5

*4%

7%

400

11,300

25%

13%

*25

25%
•

11%
14%

*11
■

.—000

6%

6%

7%

Sep,

2

Dec

17

38

May

60%

15

4% Jan

5

5t

34% Feb

27

Jan

3 V.

3% Sep

28

7

8

3%

7

12

10% Feb

9% Mar

85/ Mar 28

95% Jan

95% Aug

,

Jun

,

28

5% Oct

14

15% Nov

9

.Jan

4

7%.May 15

Corp^-—„——1

56%,Jun

preferred—1-^—-—^No par
jTruax-Traer Corp———No par
Tryscon Steel Co
;
10
:20th Cen Fox Film Corp.
No, par
$1.50 preferred.
4-——--No par
.Twin City Rapid Tran—^No par
1% preferred-^—
-—
100
$6

Cp„

Sep
Jan

5%

Jan

17%

Jan

Dec

10% Aug

Dec

%

Jan

2

75

Jan

Nov

10

60

Dec

13

4

Feb

7 Va

Sep

11 Va Jun

12

9%

Jan

11%

Aug

Oct

31

5

May

9%

26% Nov

2

16% May

NOV

6

%. Dec

78% Nov

Feb

6

% Nov

9

16

7 Va Jan

19% Jan

6

1% Jan
21 % Jan

7

5 Va May 16

J.t—I—-i——.1

35%
51%

6% Mar

Sep
Dec

24

1% July

Feb

27%

Sep

4 %: Dec

9 Va

Jan

16

,

Coa ch

99%. Dec

7 Va Aug

71

30

5% Jun
11

Dec

Dec

8%

7

2 Va Nov

% Mar 14

,

Jan

11%

Feb

4

12% Mar 17

3

8% Jan

St'I%—No par

18

Dec

37%
,

Jan

1%

Dec

27 %

34 Va Jan
43 % Jan

Twin

Jan

15% Nov

May 20

/

Jan

34

%. Dec

31% May 21

Tri-Continental

6

Nov

2

:

'22

Transue & Williams

Jun

24%

Mar 27

8

Aug

14

Oct

27 % Jan

Sep

40

Jan

30

Sep

5% July

Dec

1 % Nov

8V4 Jan

,t$4.50 conv preferred——No par
Detroit Axle_—
———10
Bearing--—.--No par
Transamerica Corp„i.—
2,
Transcont'l & West Air Inc-_
—5

1,300

t

44%

Mar 10

51

7

Timken

7,300
250

Jan

Jun

July

Nov

3

2Q

Jan

Timken Roller

400
.

11*

3

—0

Associated Oil—-

Water

10 Va

2

+_N( par

./

1,000

68

68

14.

13 %

25%

Tide

1,500

:

1%

1%

-

11%

14%

12

.

14%

11 Va

6 V2

*11

5%

14%

68

*6%

25%

*7%

*5%
*

preferred.!

Dec

17%,July

,

Aug

14

5 % Jun

R)_——_/————25

6%

Dec

,

4%

2'%. July 14

Transit Corp.-Np par

Avenue

$3.50 cum

1,700

1%.

11

ir

19

30.

7% July'

5%

20

41

preferred— III—10

;Thompson (J

2,800

38%

93%

5%

67%

Third

5,400

9%

38

12

6%

9 >% Jan

3% Apr

;.

28 3a

•

14%.

1%

11

2 Va May

——100

2,000

.

28 Va

94

*5%

68

-

,

5,600

1%

38 %

28

x38%-

12

*6%

11 Va

*11

11

11

11 Va

*11

68

6%

6%

6%

*6%

6%

6%

71

*68

70

Sep

„-No par

38%- Sep

Feb

32

23

Thompson-Prods Inc—
-—No par
jThompson-Starrett Co—-—-No par

700

15%

8%

8%

14%

1%

2

1%

2

.

70

71

1%

5%

11%

12

*11%

300

:

26%

15

11%

.■

-r—

Dec

5 V* Mar

5

24% Oct
Jun

4'/a May

3%

2

42

Dec

30'Va

7% Jan

Co———-

$3 div conv

.

300

8%

1-%

14%

5%,
14

10

:

3%

*26%

15

93%

,

28 Va

39%

14 %

*14

11%

11%

12

%:

5%

5%

5%

*14%

*68%

28

39%

28%

39 Va"

—_r~

Preferred

Thermoid*

1,600

t

34

*7%

V

26%.

8%

94%

93%

94%-

*

28%

39%

8

14%

9:

conv

Sep
Dec

16

'5

—No par

preferred

.The Fair—;

'

1V+

-

S3.60

.

9%
46%

7

•

7% Nov

.

par

;

Nov

8

28

35V4/Nov

.——100

Mfg Co—

Thatcher

37 % Oct

Jan

Dec

2

4% Apr

1

Nov.

3%

6

28

15

5%

38% Aug

Dec

34%;; Feb

10

28

July

Dec

16
21

Apr

May 26

~7~%

1%

Oct

.

3% Nov

5

400

—

share

24% Sep

/

3%. May
27

9% Jan
40

Apr

28

Texas & Pacific Ry Co

50

3%

3%.

26 Va

14%

9

'

94

■

14%:

15%

9

9 Va

1%

1%

1%
15

pat

200

4%

*33

34

8
-

par

—10

Texas Pacific Land Trust-

300

51

4%

4%

*3%

8

No

& Oil

Pacific Coal

4

Apr 28

2

'

*33

34

:

:•

3%

*50

51

4%.

4'/a

3%

»

7.

*49%-

51

*33

34

39%

*11%

:

4 %

4%

•

29

39%

3

*3%

1%

94

94

94

*28%

5,400

*7%

15%'

9

19%

3 %

27

14%

19

22%

21

*3%

7%

26%

23,500

26%

3%

Va

7%

7

51

*33

*7%
*1

7

7

36

51

4

*3%
26%

Texas

35

7

7% May 14

Sulphur——— „iNo

Texas Gulf -

2,000

*6%

51

3%

26%

Texas

2,300

3

34

34

34

*33

4,500

7%

*35 V4

3

4

4

3 Va

36%

7%

%

3
!

*3

36

7%

22

11
20

30.

35'

Gulf Produc'g Co

3 '/as

35%.

X6%

Apr
Apr

1 Vs Mar

—.5

Corp

7%

7

4

Telautograph Corp—.—
Tennessee

3

32

50

—5

•Texas .Co. (The)___—

3 Va

37 %

*34%

36

*2%

*37

28

7%

21%

6

20

Oct

Dec

29

Nov

7;200

39%

7

%

6

7 Va

7

7%

Va

*7

5% Oct

3% Aug

(James)--—

5Va% partic preferred-

,

35 3 a

6%

22

5

3 Va

1

*7%

7%'

21%-

21%

21

22

,

5% Jan

I per

10

35%

3 Va

-

35

9

19% Nov

1,400

8%

39%

39%

29% Nov

Dec

"3%

19'A Mar If

900

8%
'

39

20

4

*3%

3%

*8%

16 %

15% Aug 17

Talcott Inc

400

•

35

Highest

I per share

share

per

Sylvania Elec Prod's Inc——Np par
Symington-Gould Corp.
—.—-1

1,500

5%

5 Va

t

Lowest

Ltd———„_i-

Swift International

3,800
'•

Highest

S per share

Par

v

3,300

4%

Va

35

3%

36%

*21%

*

5 Va
39

*35

8%

9

39%

38%

18%

4

*3%

3%

9

39

18%.

4%

%

8%

3%

3%
*8%

29 Va

5%

5%
39

*34%

39

*34 Va

39

5%

5%

*5%

5%

*5%
*34 Va

39

*34 Va

4%

28 %

18%

18

19 %

28%

•28%

Lowest

Previous

Year 1941

On

—

STOCK

NEW YORK

EXCHANGE

Shares

f per share

share

'

for

the Week

Nov. 20

19

Nov.

Nov. IK

Nov. i;

Nov. 16

Nov. 14

Sales

Friday

Thursday

Wednesday

Tuesday

Range for

Range Since January 1
Basis of'100-Hhare Lots

STOCKS

HIGH SALE PRICES

LOW AND

Monday

Saturday

U
40

40

8 Va

8 Va
75

75%

75

113%

*112

73 3 4

113%

106%

106 Va

106 Va

106

14%

14%

14%

82

80%

81

*81

*24

24%

.

27%-

27

95 %

95%

96%

17%

17%

16%

16%

79 Va
24

27

*95

96%

96%

17%'

16%.

17'%

16%'

I6V4

*16V4

*110%

*110%

113

54'/a

54

53%

'

18 %

18 %

*18%

V!
14%

iV;
14%

19 Va

%

iV

J'}

54%

Sep

113% NOV

12

xlll%

Jan

115%

Nov

Jan

6

106%

Dec

112%

Sep

-—100

Un Air
United

18,100

Biscuit

900

-No

Co—!

¥i

19%

600

19%

14 %

19%

14%

1 J

%

14%

United

.7,000

$3

-

6%

6%

3%

41%

'7

6%

3%

*40%

41%

•

Va1"

6%

3%:

3 Va

40 V»

41%

■

>7 '

7

•:

•

40

40 Va

7 Va

*3%

5%

5%

5 Va

5 %

5%
27%

27%

27%.-

27

27%-

27

59%

58%

59%

59%

60

59%

..

27

60%

59

*103V

4%

4%

4%

5

4%

*104

104%

1

103%

104 Va

16%

16%

*3%

3%

3 %■

3%

3%

*4%

5

4%:

4%

4%

85

38 >4

33 Va

16 %:;

16%

16% "

35

37

37

9%

9%

9%

58 Va

58'%

9%

9 Va

58%

59%

•174

4%

104 Va

*102%

Jan

27

Jan

2

an

84%

84

84

84 Va

3 4'/a

35

34

57-

30%

«■:.

*98

%

%

*39 Va.

,

30

30%

30

.U S
U S

174%
6

*39%

40

40

*3%

3%
12 Va

—

30%

;■>

*26%
29%

■) •»

•'

'

*28%
30

30

12%

1,800

30Va

26%.

4

.

*26%

24%

24%

24%

23%

►.

98

98

99%

— 800

27%

42%

42%

42%

42%,

42:

43-

f

200

U S

2,600

US

ii

.%

8,800

fU S Realty &

:

24%

24

24%

17,700

96%

98

97

98

Impt-———No par

427/a

44

44

44Va

60%,

*60%

61%

60 %

49 %

49%

49 %

49%

111%

111%

111%

49%
48%
111% 112

111%

19%

61 %

*1%

¥i

20

*19%

20
47

*45

60%

Va

1%

'

*45

1

ia

'

.

60%

U. S

60

1%

1,100

1

*la

1

%

];[

%

sr

59%

59 %

*49

59 %

52

52%

52%
15

15

14%

14%

150

156

150
150

*144%

59%

59%

59%

*150

150

*144%
150

15

*59%

600

■

60

No par

158

24%

*24

17%

17%

*10%-

10%

*24%

25

*17

23 3+

35

33%

17%

11

10%

10%

*23%

25

*50

70

*53%

70

23%

*22%

24

2%

2%

39''2

*39

115

115

21

27%

*26

38%

38%
115

*53%
,

2%

2%

22%
*2%
37%
115

115

20%

20 Va

33%
*50

64

64

*53%

*20 Va

25%

20%

27%

*26

*26

34

5660

22%
2%

*10%

10%

10%t

10"%

34

*50*

53Va

*48

60

*53%

60

2%

23%
2%

37%

27%

29

*28 %

29%

76

76

*74Va

77%
135

*23 %

20

20

26

26

29

29

*74%
*132

23%

*114%

116%

29

*X32

10%

341%

*22%

24%

78

■135

23

2%

37%
*115

*20%
*26
29

*74%
*133

*23%
*33%

55

*48

■

600

.

400

*53%

37%
,

37

*115
20

22%
27
29
76

135

.

*26 Va
29

*74%
135

;

2%

.

11% Jan

26

60

Nov

12

174

Nov

10

6% Jan

14

1

May

37%

■

27

1,100
160

310

20%
■

100

29

1,100

78

50

135

„7%

8

7%

7%

7%

7%

7%

7%

21 %

22

21%

21%

*21%

21%

21%

21%

*24%

25

24%

25%

24

24%

23%

24%

24 Va

24'.%

24%

25%

10
,

r

3,500

2,200

•'

4

7%

41

Sep

21

33

Feb

43

Jun

28

3 4'A Jan

27

20

Apr

33%

Aug

28
2

20

May

Dec

23

5%

Jun

10

54%

Apr
Feb

28% NOV

7

20'A

Dec

31% Aug
Feb

Sep

114

7

July 30

7

25 Va

Dec

Nov

9

18%

Apr

26

Mar 11

%

Dec

13%

Dec

31

1

I; 13%

6

May

1

.'37% Apr 17
58

Apr

28

44% May 20
Jun 30

107%

15% Apr

29

!

39% Mar 27

2'/a July
;
...

17

58

Dec

103 Vs

Sep

51'A Jan

14

43%

Dec

65 Va

Apr

71

19

69

Dec

76 '/a

Jan

47

Dec

70%

Jan

Jan

55% Jan

3

119% Jan

13

105'A

Dec

Jan

5

19 Va

Dec

46 Va Jan

14

24

„

J40V 20
Oct

preferred—..u——.—4—100

142

1st pfd——_.100

147

I

-

—4

preferred.

Chemical Co

preferred

Jan

20

May

Jan

1%
1

Nov

Jan

62

Sep

16%

Jan

Nov

43%

Sep

64

6

140

May

157

21

133

Jan

162

v

Jan

Oct

5
100

20

29% Feb

6

15

Apr

31

20% Jan

3

15%

Dec

34 Vi

2

8%

Dec

15

Mar

20% Aug

.28

July

7% Jun
19

24

Mar

112% Jan

9

12,

50

July 30

55

Sep

Detinning Co

—25
-25
100
100

Preferred

Vultee Aircraft Inc..

preferred;

—1
No par

% Aug

A Jan

23

2

Jan

-

—100

4—A

% Sep

% Jan

14% Jun 25

22

May

.

1

12

11% Mar

26
116 % July 15
41% Jan
6
25

•

Sep

55

Jan

19

57

Nov

18

66

19

20

Dec

116

Aug

Jun

45

July

57

Mar

Aug

39 Va

60

Jan

Mar

111 Va

25%. Jan

Dec

66

Aug

18% May 26

Works.——5

preferred—-

$1.25

159

30

Virginian Ry. Co...—
6 %

150 Va. Jan

a———5
100
Ry—A

Va-Carolina Chem
No par
6% div partic preferred"-!
100
Va El &,Pow $6 pref—
—No par
Va Irom Coal & Coke 5% pfd—100

Vulcan

Apr 24
Apr 30

,

29.

Jan

50%
1%

x

;
4

—

Van Raalte .Co IncL
1st

Oct

1

33%

t

Sales—v
•

6

May

1% Oct

Jan

130
'

Mar

42

61

15

Sep

10

..Nov

41

% Apr

28%

25 Va Nov

100

Mar 10

54

.,

Sep
Oct

105

30%. Aug

1
27

Apr

10%

,

34 Va

% Aug 21

20

4% Aug

2 Va

14% Oct

4 Va

Jan

Jan

%

No par

'

Jun

30

12

Pictures

Jan

27

15

Leaf Tob

Jan

9 Va

Feb

Dec

—

July

69%
183

Apr

4%

July

13

Dec

37% Dec
17Q

Oct

19

8% Feb

,

Sep
July

93%

Dec

5

,

4%

Dec

Victor Chemical

200

1,100

117

22%

8

26

,7«

Vicks Shreve & Pac

23

117

43% Oct

%

Vick

.

~io

60

*22%

21%

8

;

55

60

2%

9

Jan

14%" Nov

•

Dec

83

42 Va

-1%

22%

8%

900

•

34%

*21%

*8

1,400

23%

23

2%

Dec

7

26% May

.No par
—4——100
Vanadium Cofp of Am
—No par
Van Norman Mach Tool—.
2;50

*114%
34

7
25

2%

Feb

15

Preferred

30

■

17

23%

17

52% Nov 20

Vadsco

1,800

itf

17

*33%

27

5% Nov

10

,117

Dec

% May 25

8%

16%

37%

76

135

23%

*J3

*23 %

24%

Feb

2%

4 Va

34% May 20
12 /July 15

Universal

180

16%

*115 Va

20%

29

*132

*10 Va

*23%

Apr

•

Dec

8 Va

Jan

;

conv

Universal

100

151

17%

38

76

135

17

24%

115

28%
*131

*23%

*114%

*114%
33%

*22%

*50

23%

17

10%
24%

23%

17%

*116%

*116 Va

*33%

23%

.

..100%

1

$6

V
%

%

n

ItS

17
21'

A———1——5
preferred—
No par
Universal-Cyclops Steel Corp—
1

Stovkyards Corp J,...

s

*%

106% Jan

87

United Stores class

—

150

151

150

Jan

Dec

16% Oct

,

28

'

——.25

preferred.w-*

1%

1,400
'

100

Co.;

Tobacco

United

.7,800

52%

*144%

150

10%

4 Va

•

2Ve Apr

Corp..—•—w.No par

Preferred ——4-,

'

*150

156

*150

*59

*144%

150

45%

■i».

*144Va

14%

60

*44 '/a

1%

52

16

24% Apr

50

Preferred

I U S Steel

.1,600

45%

60

14%

20

1%

150

15

*19%

20

:

'2,400

*44%

*14

*14%

25,200

111%

1%

14-%

52 Va

20

Dec

5% Jan

34% Jan

1st

200.

-49

•

47%

14%.

52

•

61

48%
111

111%

1%

*44%:.

*49

52

20

*60 Va

62

48%

111%

1%:

45

52 Va

*49

*146

20

60 V4

x48

49V4

1%

44%

1%

20

60%
112

1

47%;

*1%

1

*19%

48%

1,300

Co.——
-10
preferred——4—100
U S Smelting Ref & Min—
.50

; U S Rubber

'2,400

111%'

*60%

Jan

3
-1

Foundry
—20
Playing Card Co——4
10
Plywood Corp-—
-1

29%

5% July

Apr

4% Apr

pat

'US Pipe &

30%

24

*

3%

79

22

29%

99%
43

16

Sep
Nov

51

42

99

30%

24%

*42%

6'A Sep

Sep

3%

■

Dec

———100

preferred—

30

98

100

Dec

20% May

10

May

7

Prior

100

23%

25

98%

1%

-

6

Jan

'

'A—

'

24 Va
97

6 Va

60

No par

Partic & conv cl

u1,300

12%

31

".."

Jun

30

6% May 14

Corp—

Leather Co-%——No

U S

200

-

2%

5

159

,

110

*101

%

%

-

J if

X»>

26%,

30

30

30

14

27

*3%

4

12%
115

*98

107

*98

12%

..

Jan

22

3

40'% May 13

Co__—4-—-20
preferred
—„
^—100

Hoffman Mach

8

Jan

30%

Feb

17

—5
5 V2 % conv preferfed——-4—-50
U S Industrial Alcohol—4—No par

U

600

*5%

1%

Dec

77% Apr

_No par

Freight Co—

Dec

35

2% Sep
/ 2% Apr

Paperboard—

Gypsum

7%

610

v

A

13%

72 % Jan

11% Apr

4

6%

30

900

3,800

?

9%
58%

*173

,

15

1

93''2 Mar 27

.c—__—

'

3%
*12 Va

30%

30

%

■

40

3%

27 %

*29 V8

30

31

31

*5%

6%

9%

59%

174%

*173

174

12%
112

27

27%

*29%.

31

58%

59%

par

•

330

'

12%

"
■

30

3%'

4

13

30

*29

430

'

58%

9%.

*9

9 %

s.g

30%

*26%

■»"

34%

Sep

3% Jun

US & Foreign Secure

1,300

Sep

48% Jun

—10
-4—No par
$6 1st preferred—i———No par
U S Distrib Corp conv pfd
100

United

.400

v..

84%

34%

30%

27%

3%;

34

*39%

27%

.

84-

172

30

2,200

Feb

52

21%

•

15

50

3% Mar 11

preferred—---No par.

$5

United Mer & Manu Inc v t

Dec

113%

Dec

13

3% Nov

28

21

25% Jun

'

85

40»%

105

16%

16%

16%

4%

*39%

105

400

4 %

40%

115

103%

35

Jan

14% July
->

7% Sep

15

1% Apr

'

*3%

*39%

*93

*102%

103

Improv't——No

Gas

17 Va

^ Oct

v

33 % Aug

United

8,900

3%

40 Va

a

4%

4%

Va

301

1C2%

104

4%

4%

4%

*39%

*3%

4%

*3%

*6%

30 Va

United

4%

*174

*12%

3,900

3%

6 Va

4

60%

4%

*6%

12%

60%

3%

%

j;

Eng & Fdy—
——5
United Fruit Co.*.—_*._No par

3 %

"6%

12%

600

4%

*6 Va

*3%

.1,100

,16%

9

4% Apr

23

Jan

_/

16% Jan

July 28

11

Feb

20

July

44%
.

Dec

Dec

2&

55% Oct

1

May

16

'

5%
26%

8%

108%

Jan

31

'

9% May

16

*

47 a

9'

Jan

85 %

-

i'

17;

Cos—_—5

Coal

Electric

United

*5%

60%

17

•18% Nov

85%

Dec

Oct

'

60

28%

5!

Feb

30

Sep

'

Dec

6

104% Jan
Oct

Preferred

120

...

24%

y36% Jan

3

37

*26 %

27

*26%

16%

6%

6

38%

38 V2

a

5 Va

5%

United

600

24-

4

1-7

Drug Inc—5
Dyewood Corp_4
—10
100

United

3,400
»

"

16%

16 Va

59

58

*174

—

4%

'

.i'fe

3%

35

*83%'

85

*83%

85

38!

38%

40

,

3%

'

5%

*5%.

*5%
*27%

7.,

■%7
3%

6%

3 Va

>

V4

*3

3 Va

Dec

113

"

3%

73

17

Apr

Corporation—

preferred

6

104% Mar 24

Corp-^-.—No par
—No pat
—
—No par

'United-Carr Fast

27,500

14%

Dec

81% Feb

16

Dec

57%

9% Mar 10

par

preferred——100
Carbon Co
—
;—No par

5%
United

•11%

5

17

7%' Apr

.

•

1,500

9'

23% Jun
89

'

54%

15% Oct
85% Nov

-

1

21% Aug

conv

.108

27%

•

2

-74% Jun

*

14%

■

Jan

79%

—5
preferred—_———_100
Lines Transport
——'-5

5%

113

*110%

*19%

19 Va
':

113

55

12%

Feb

^-No par

Union'Tank
*

16%

*16

55

*110%

54%

14%

14%

16%

Deo

60

'United Aircraft Corp

500

17%

16%

17%

16 Va

113

19 Vs

14%

16%

16%.

:

96

*95

17

53%

16,600
'

96

*94%

96 %

16%

16 %

■

1,000

27%

preferred—
Car——1

4%

500

79%
24%

Sep

7

9

10
May
63% Jan

Union' Pacific RR Co

26%

,

37%

5

76 'a Nov

May 6
100% Mar 24

California———5
__100

Union Oil of

*79

27%

Dec

9% Jan

28

108

3,800

81%

23

21

Apr

$5 pfd—No par

series—-,_No par

Preferred $4.50

•.

2,200

*24%

24%

27%

140

14%

80%

79%

24%

26%

79%

104%

14%

81%

79%

15 Va

14%

104-%

14%

,

41% Oct

Va Sep

No par
—No par

Carb

Carbide &

Union El Co of Mo

113%

*112

.105

24Va

—

i.i
11!

8,700

74%

73%

73%
113%

79%

16%

18

18

Paper—

Union

27%

96%

53%

Union Bag &:

81%

80%

80 Va

16 %•

54

*53

1,700

24

-•

26%

*110% 113

113

*110%

7%

79 %

27%;

26%

7%

24

24%

*24

80%

*

79%

79 %T

79%

*79%

Fisher,Co——,1N0 par.

8

14 Va

14%

14

14%

80%

Under. Elliott

105

106

-*105

14%

2,600

*112

113%

*112

105%; 106

Va

15

39%

73 %

74%

73 %

75%
113%

*112

'39%

2

7

40

8

-

28% Jan
58

39%

7%

40

7%

75 Va

*112

39%

Mar

27%

Sep

2

2% Oct

7

%

Dec

2%

Jan

21

18%

Dec

1

Jan

22 »/a Jan

8

40% Oct

118'%

July

114

Dec

14

Jan

3

21% Nov

10

11

Dec

23%

Sep

24

Apr

29

31% Jan

20

30%

Dec

42

Jar!

13

29

Dec

33%

110% May. 4
,

28% July

26

May 22

70

Jun

120

Mar

24
11

6% May 22

116

Sep

29% Oct
96 Va Mar

138

Jan

11

Feb

5

89

Feb

105

No*

9

135

Mar

143

Jun

10% Mar 25

16% May 22

25

Apr

1

21% July

30% Jan

26

W

'100%

7%

*7%

7%

*7%

7%

7%

7%

*7%

20 V*

7%
*20

20%

20%

.20%

20 %

20%

20 Va

Xl.9%

102

*100'%

*100%

102

For footnotes see page




1839.

102

*100'%

102

*100%

7%

20
102

2,800

7%

7%

400

19%

19%

1,800

*100%

102

Wabash

RR

preferred

100

—No par
No par
4 Va % preferred with warr._—100

Waldorf

System

Walgreen Co

2

7% Oct

7

6%

Dec

9%

Apr

Apr

23

20% Nov

18

15%

Dec

22 %

Jan

97% Jun

19

102 Va Oct

30

96%,

Jun

105%

Jan

6% Mar 25
16

Volume

156

THE COMMERCIAL

Number 4127

& FINANCIAL CHRONICLE

NEW YORK STOCK
LOW AND HIGH

Monday

Saturday
Nov. 14.

t per share

S

$ per

share

per

5 ¥4

5¥b

5 ¥4

*40

'40%

40 Vb

40%

16%

16 ¥4

16 ¥4

*15 ¥2

5

5 ¥4

39%

397/a

x39¥a

39%

39%

16%

*15 ¥4

16 ¥4

*151/2

5%

*4%

5 ¥4

*4 ¥2

5 ¥4

\l

*%

%

%

%

27 ¥2

*25%

28

27

6%

6 ¥4

*75

6 ¥4

78% '

l¥a

76

1%

1 ¥»

1¥B

33 ¥2

—

30

—

•

15 ¥4

15¥4
13%

*16%

17%
.

56

109%

*75%

$7

19,500

Warner

490

$3.85

79

•

T34

1%

1%

1%

1%

1%

1%

'11,200

1%

1%

n'A

1%

*1¥4

1%

1%

1%

6,400

*33

35 %

"34%

35%

35%

34 ¥4

*33

35%

*34

35%

35

357/8

30%

*28

3d

*28

30 -

*28

30

!

100

34%

34 ¥4

*28

34%'

}

700

■

¥4 Apr

1

600

Washington .Gas Ltr Co——No

100

Waukesha Motor Co:

17%

!

400

Wayne Pump Co

*2%

2 ¥2

*2%

2 ¥2

i

—

16%

"16%

16%

16%

¥4

*9 ¥4

9%

60

67

74

66%

76%

74

65%

63%

109

109% -109%
13
99 ¥2

17 ¥4

17 ¥2

*2%

2%

*5

6

'

6%

.

*98

1V4

I'/t
26%

15

17%

Xl6%

17

2%

2%

5%

*98

62%

i

440

109 ¥4

:

290

West Penn, Pr Co 4%%

Jan

Penn El

¥2 Jan

*5 %

11%

*11 ¥a

11%

I

1% Jan

9.9%

|

100

16%

17

*2 ¥4

2

2 %

*2%

6

*5¥e

IVa

1 Va

26%

6

1¥«

20 %

X26 ¥2

'

14%

-

*1

1

26%

900

'

•

Vb

4ft>

1,000

■

27 ¥2

14%

21

8

25

Feb

38

Feb

2

14

Dec

14

Oct

23

10%

Dec

17% July

9

10 Va

Dec

20 ¥4

July 22

l¥a

Dec

4¥4 Jan
25% July
74 ¥2 Jan

3

12

65 ¥• Mar

34

par

91

Jan

22

106%

Jan

104

Jan

8

99%

Dec

115

Jan

93

Jan

8

89

Nov

107%

Jan

113 ¥2 Jan

9

112

Mar

117¥a

Jan

15

Dec

25

Apr

41% Apr

27

36

27

100

102

Apr

May

<

1

Dec

21

Feb

6

97

100

16

104 ¥2 Jan

2

104%

9

17% Oct

10

15 ¥4

Dec

3% Jan 27

1%

Dec

Sep

12% May

a.10

2

100

18

Apr 28

-—100

4% May 20
% May 18
23¥b Feb 18

—No par

13% May 27

100

'

88

10 ¥2 Sep

No par

100

,

28

-100

pfd

'

Jan

6

r_

Westlnghouse Air Brake

Sep
23% Jan

19

10 Vi Nov

,—100
:

¥4 Oct

17 ¥2 Nov

X71% Nov

7 ¥2 Aug

■

'■

Sep
Deo

Dec

1% July

Feb

59'/2 May 20

Maryland

'

Deo

16% Mar

2d preferred.'

'

%

6

Western Union Telegraph

4,900

77

"5

20 ¥4 Jan

-Western Pacific 6%'preferred

| 7,500

14%

preferred

Western

6¥s

Jan

16

Jan

May 18

preferred
—
Western Auto Supply Co

1

14%

14%

6

*5¥b

1 ¥».

26%

V

¥2

17

1% Nov

53

15

Gfa

2,500

■

1% Nov

2% Feb

6

6

preferred

6%

&00

99 ¥2

16%

•

6% Oct 21

80% Oct

15

.No

class A

1%
'

26 ¥4

3

11

-w-1

West Va Pulp & Pap Co

West

270

99 ¥2

16%

2%

14%

60
73

420

l¥a

Apr

No par

109

'

•

1 ¥a

14%

12

West Indies Sugar Corp—

62

■

Dec

13%

No par

$4 conv preferred!..-

!'!'• 700

par

—No par

72%
'

109 ¥2

26%

/: 14%

;

Eisenlohr-.;—

Wesson Oil & Snowdrift

?

9 ¥4

¥4

7

2

5

*58¥a

.'■<

¥4

11%

99%

1%

15

14%'

12

12

*98

26

| 2,100

71%

"

9 ¥4

74

64

109 ¥4

99%

*5'

26%

59

¥b

63

109

2%

l¥t

26%

9%

*71%

17 %

¥8

*1 ¥B
26 ¥2

*70

<■

4

% Aug 13

——1

'

74

63%

109

13

12%

*97%

17 ¥2

2%

109

58

60
:

74

-

*9¥»

9%

58%

71
64 ¥4

•

*70

73%,

91/4

67 ¥2

13

:

■

9%

58%'

16%

16%
*70

77%

,

65 ¥2

¥2

16¥B
74

Nov

16

\

14

16%

Sep
Jun

1

29% Nov

13 ¥* Jun

15

17%

*70 ¥2

6%

6

39 ¥2 Jan

*14 ¥2

17 ¥a

Dec

6¥a

35% Nov 20

*13 ¥4

74

2 ¥4

Dec

Nov

8

17%

Webster

Sep

5

14%

'

Sep

15 ¥4

21% Sep
24% Oct

13%

2%'

36

Feb

3

No par

14%

*2%

May

xl2%

6

-May 14
¥2 Jan

-

Pipe

*17 ¥4

2%

25 Va

8

35% Now 20

*13 ¥4

*2%

12

2

17%

.

14

Jan

13%

¥2

5% Nov

19

*17

2

per share

"

*12%

15

Highest

t per share

16¥4 Oct

27

x65

share

No par

Fdy &

Year 1941

Lowest

41V4 Nov

17

17

15

per

4

Feb

13 ¥4

■

(

% May
4

——.

Preferred receiptsWarren

$

22

16

No par

—

—

$3 preferred

250

2% Jun

No par

preferred

Receipts

share

5

fWarren Bros Co

.

per

Range for Previous

100-Share Lots

Highest

50

Pictures

Bros

15 ¥4

9%

13 ¥4

14%

6%

17

99 ¥2

.*5¥2

79

*75%

Class B
preferred-!

,1,000
27'%
200

6%

13 ¥4

17 ¥»
'

i"tf
*26'/4

of

3 ¥2 Apr 23
31% Apr 17
13% Mar 23

No par
No par

15

*97 ¥2

2%

1(f

6%

Ward Baking Co cl A

200

17 ¥4

" ;

109%

13

7C

75

4%

27%
-

No par

14

17

73

64

6¥s

No par
No par

Div redeem preferred

15%

*70

56

64 ¥2

30%

*2%

.

>;

97/B

73

.

34%

17 ¥4

74

*9%

*26 ¥4

6 Va

Walk <H) Good & W Ltd

*13 ¥4

.

17
*

27%

t

Walworth Co

*15 ¥4
.

2%

17

*70 ¥2

V(f

Par

100

-

Basis

Lowest

1,200

16 VA-

4Va
!)

6 Va

76

34

*29

lil

On

7,100

39%

1%
1;

35

*34

•

*13 ¥4

*

1%

Va

34%

'30

*2%

1%

1

5

*4%

12

6%

75

4%

*25 y2

28

6

76

1%

.

34%

*34 ¥4

6 ¥4

4%

Range Since January 1

STOCK

EXCHANGE

Shares

5

*15%

16%

%
*27 ¥2

5*1

NEW YORK

the Week

t per share

5

5

5

Sale* for

Nov. 20 %

<

I per share

share

per
5

40

*4 ¥2

:

t

Friday

Nov. 19

Nov. 38

-

share

39%

*16

5¥s

STOCKS

Thursday

Wednesday

Nov. 17

RECORD

SALE PRICES

Tuesday

Nov. 16

\

,

1839

8% Jan 28
2

13

19 ¥4 Feb

-

4%

Sep 23
Oct

5

30

Apr

Dec

20% July
107

Oct

29% July
4% July
9

July

sa

Feb

18%

Feb

31 ¥2

Nov

15

Deo

24 V*

July

Oct

105

Jan

Dec

141

Mar

1 ¥s May

-

'

'77% ■;

77 ¥4
*116 ¥2

77

•

*26 ¥4

¥

77 ¥4

.•

118

*116 ¥2

28

*26 ¥4

28

76 ¥4

119

,

77%

76

118

116%

*26 ¥4

28

*26 Va

1

27 ¥4

26%

26%

*26%

27 ¥4

106%, 106%

*105¥a

106%

106%

106 ¥2

*41%

50

26

*41%

¥2

*41 ¥2

50

*82 ¥2

88

*19

19%

*61 ¥4

*41 ¥2

».

•

*82

*26

50

*41

.

88

*82% ' 88

19%

*18%

61

¥2.

50

26%

*41.%.

88

i

107%

50

*82%

.

,!

,

\

f

62

61%

617/a

*60%

62

>

410

*14

(

15V4

*13%

14%

*13%

14%

i

—-

131%

13%

13%

13%

13%

*4%,

f 3,600
t 4,600

15%
14 ¥4

13%

13%

13%

4%

5 ¥s

4%

4%

4%

»

4%

3 Vb

3¥b

3¥b

27/b

?.

2%

*39%

49%

*35

49%'

*tc<

*19%

20%

*19%'

20i%

*19

2 ¥4

2 ¥4

15 ¥4

19'

19 *

*3

3 VB

*39 ¥2

49%

*19 ¥2

20%

49 ¥2

20 ¥2

*2 ¥4

2%

2%

*2 ¥4

1%

17/b
•-

*7%

1%

1,200

,

5

3

3

*4%

*2%

-3

49%

*35

20%

*19%

7%

4 ¥4

58 %

I

2

7%

;

4 ¥4

*109%

4 ¥4

*

1%

2

7%

7%

4¥a

:

57 ¥4

V

*109 ¥a

120

;

57 ¥♦

.

4

*57 ¥b

2 VA

2%

1%

.

¥2

*2¥+

■

1%

7

2%

1%

7%

¥4

4
"

58

*109%

--7% :

120

-

120

19 ¥2

19%

19%

19 ¥2

29 ¥4

29 ¥2

29 ¥4

29%

29

16 ¥4

16 ¥4

16

*47%

!

•

$4 conv

2¥*

t

50 ¥2

120

*106

*19

115 ¥2

47%

4 %

\

52 Va

*22

*1091/2

preferred-,

t 3,700

/< 2,000'

4¥4

| 6,700

I

4¥8

,

54'

•

112

54%

*109¥2

120

Woolworth (F W) Co

Worthington P & M

16%

;

47

*46

/

50%

*46

1

97

*95%*- 99-

47

22 %

*22

-

-1

52

12%

12%

120%

*120 ¥4

7%

7 V*r

31 ¥a

82 ¥2

7%

30 ¥4

100

10

to

'

*46¥2

96

90

'

x5i

51

■
-

22 ¥2

12 ¥2

7%

*7

30%

*81 ¥2

83

¥4

*22

51 ¥4

7 ¥4.

30 ¥2

30%

82

82

...

v

82%

¥2

'

9 ¥4

9¥a

16%';

16%

2¥b

2Vb

'

9¥b.

16% 'v

shares.

.

9 %

9 ¥»

'

16%v 16%

'

2¥b

2V4

'

<

9

-•

t In

¥b

9%

•

9%

2¥b

receivership,

16%

-

16%

2 ¥4

16%-. 16%

2 ¥4

9¥b

2 ¥4

2 ¥4

Deferred delivery,

a

n

139-

310

|
'

,

1,900

(

2,500'

New Stock,

r

Stocks,

and Miscel.
Bonds

Bonds

-

Bonds

—

Total——-a—

$3,684,100

$290,000

$1,000

5,689,100

595,000

11,000

7,644,600

682,000

5,000

'

U.

•«

658,000

4,000

7,799,400

502,592

7,574,000

407,000

8,000

Deo

110% Oct

Oct

115

Nov

Sep

7

19%

Deo

33%

9

23 ¥»

Deo

34 ¥a

16

Dec

25% July

July 28

98

Mar

147

Mar

130

13

117

17

54

Jun

.No

par

80

Jun

par

39

Apr

15% Jan

85

Jan

26

47%

Dec

26

50 ¥a

Dec

Jan

15

86

Apr

122

July

62

Jan

8

50%

Dec

80

Jan

3

23 ¥2 Oct

13

14 ¥4 Nov

9

10 ¥4

Dec

Aug 17

109%

Dec

2

28

.

121

Jan

15

Dec

73% Aug
75% Aug

22%
17 ¥4

Jan
Jan

120

Jan

¥4 Jan

7% Nov

9

Dec

12

\ 37 ¥2 Jan

13

29

Dec

42%

Jan

Oct 20

76

Deo

93

Aug

Dec

18%

Jan

8
Dee
1% Apr

15%

Apr

3%

Oct

87

,

12 ¥4 Jan

5

19

17% Nov 12

1% May 21

2% Jan 26

Ex-rights.

Jan

Aug
July

Jan

24

10 ¥2 Apr

Jan

104

23

No

Jan

57 ¥4 Jan

9

y

8ep

109 ¥a

28

24

Nov

8% Feb

7

77

21% Jan

44

No par' *
1

Vr Deo

Dec
Deo

X30¥a Nov

42*% Jun

7

5'

6

4¥b
60¥a

6

106

par

13

2% May
2% Jan

Apr

22

100

Ex-dividends,

x

287,000

32,000

5 ¥4

9 ¥4

H Called for redemption,

t Unit of trading

$61,000

Shares)

$2,919,000,

.

Government

$354,000

$11,000

622,000

107,100

855,000

86,625

567,000

98,625

1

-c.

_1_
—!

<

.

,v. ■

$366,000

55,000

"l,000

911.000

3,000

2,000

572,000

75~000

729,000

$19,000

$3,677,000

101,415

430,000

4,000

557,145

$3,538,000

$120,000

1942

3,316,390

1942

1941

102,947,506

Stocks^—No.

129,211,878

of shares_i.

—

665,000

4,000

710,000

[Jan.1 to Nov. 20

—

557,145

Total

$1,000

107,020

—

Foreign

Corporate

43,000

■

Week Ended Nov. 20

1941

3,123,952

Foreign
Domestic

56,360

——

$43,479,200

$40,499,200

Bonds (Par Value)

of

■/•

a

Wednesday
Thursday

9,089,000

20,1942

1

•

Tuesday

7,989,000

8,770,000

^

*

Saturday
Monday

8,331,600

7,137,400

1942

of-shares.,

1%

Stocks

6,295,100

/ Week Ended Nov. 20

Stocks—No.

July

(Number

$3,975,100

3,123,952

Jun

26 ¥a

125

—;

Special sales,

Week Ended Nov.

Sales

521,190

^

54 ¥b

Dec

13

Zonite Products Corp

Bond

658,980

——

Feb

18 ¥a

Nov

Total

Government

514,290

-

41

13

6% Jan 20

May 14

s

12

73% Jan

3
Apr 23
Jun ; 3
Jan 12

Cash sale',

53'

Jan

Jan

22 ¥4 Jan

j

Daily, Weekly and Yearly
United States

Foreign

666,280

Thursday.

5%

Transactions at the New York Curb Exchange

260,620

*

8 ¥4 July

Dec

' Preferred
100" 111 ¥2
Young Spring & Wire—
No par
5
Youngstowh S & T_„
:
No par' '
28¥4
15 % % preferred series A——100 V 78

Exchange

Railroad

Number of
Shares

Wednesday.

Dec

2¥«

——100

Daily, Weekly and Yearly
Monday—--———..

2%

;

Transactions at the New York

Weefc Ended Nov. 20,1942

14

27

-117

Yale & Towne Mfg. Co———25
Yellow Truck & Coach cl B—
1

Jan

5% Nov

¥2 Aug 26

14 ¥2 Jun

series——100

Zenith Radio Corp

| 2,000

17%

3 ¥2 Jan

Youngstown Steel Door—..No

j 4,200"

15% July

Dec

„—100

—

Wright Aeronautical-^
Wrigley (Wm) Jr (Del)

1,600

Jan

6

1

21 ¥2 May

No par

Prior pfd 4¥2% Conv series

j

7 ¥2

30%- 30%

~

Prior pfd 4¥2 %

| 500'
J 4,000
100
/ 1,000

12%

81

■

-

'

-

22 ¥2

-

12 ¥2

7%

'

,{.

120%- 120 ¥2

121

:-v-

17

10

preferred A
a6% preferred B_J

300

]

10 ¥»

10¥a

Sep 23

.107 ¥2 Jun

—10

(Del)

1%

•

—

I

99

51 ¥4

•

12%

*120 ¥2

46¥s

!

Woodward iron Co

—

5

'50

*94

'

22 ¥2

12%

121

30 ¥b'

82%

and, asked prices; no, sales on this day.

reduced, from

*46

50

*7 ¥4

31%
•

46%

*46

-

22

.>

12%

84

*46

50

51

22

22%

...

46%

51

120%

2¥a

2 ¥4

♦Bid

114

120%

9¥b

16%

'

2 ¥4

124

*106

51

^.No par

i

*116¥2

*47%

—No par

Jan

5

1%. Apr

;

76

17

3¥b

,

Jan

30% July

Apr

7

$6 preferred—

Jan

36 ¥2 July

15% Jan

16

110,800

114

Dec

16

I

124'

15

58 ¥2

8% Oct

16¥4-

*106

69% Jan 29

2 ¥4 Oct

19¥8

*116 ¥2

¥4 Apr

2% Nov

29%

114

Deo

21

15

16 V*

124

85

4

12

28%

*106

60

22

29
3% Sep 14

*19%

*1161/2

18

Jan

¥2 Apr

16

114

July

Apr

1% Aug

197/s

400

65
100

50

27 ¥4 Feb

4% Apr

—5

—

_T—" ' Wisconsin El Pow 6% pfd——100
2,400

Aug

—a!0

29%

120

47%

7%
*82%

9%

-15%'

112

preferred—

16

29%

<

13 ¥4

30%

31%
84

■

15%

-

*106

51%

13

•

Apr
Apr
Aug

34%

29

May 6
15% Apr 23
1

27 ¥4

1

28%

*19

19%

*116 ¥2

52

7%

31 ¥«

*9 ¥2

'

96 ¥4

*120¥b

|

-conv

Mar

Jun

93
■

25

Jun

40

,_20

.Wilson & Co Inc

800

»

6%

105

8

27%

Motors

Willys-Overland
'■

24

2

1 % Apr

No par

preferred

Wilcox OH Sc Gas Co

1%
7¥2

55%

*109%

29%

16%

97

22 ¥b

13 ¥4

120%

84

200

1%
7¥2

4%

55 v

',

115

*19

29%

51%

■

23%

13 Va

*120 V«

*7%

*

50 ¥2

*48

/.

95

52

j

2¥4

1%

4

56% 7 57

19%

94%

95

Prior

6

Nov

3

„-

118

2

31% Jan
108% Oct

11

July 9
18¥B Aug 13
58% May 9
12 ¥4 July 21
12

—a

71

28

127

5

80

—1

|

7 ¥2

■

¥2:

43

Spr Co
._No par
White Sewing Mach Corp—
1

2,300

i

•

20%

Mar

Aug

100 ¥2 Jun

par

White Rock Min

'

*116 ¥2

48

*48

16%

•

49%
.

'

16%'..
*116'% 124
"
*106
115 ¥2
16%

•

'

92

8

Jan

29% Feb

81 ¥4 Jan

Apr 28

No

White Motor Co

■

7%,:

4 ¥4

*57

*39 ¥2
*19 ¥2

5

23

No par

preferred—

•

'

i

'

'

109

12.50

Wheeling & L Erie Ry Co
100
5¥2% conv preferred———100
Wheeling Steel Corp
-No par
$5 conv prior pref
No par
•White Dental Mfg (The S S)
—20

..---■

t

:

61

::

3¥b

5¥B

$4.50

18%

-

_50

Westvaco Chlor Prod

380

18%'

'

4%

200

"

88

preferred
Weston Elec Instrument—

■

C3Va Apr 24

50

-

1st

19%

14

*14

26%

Westinghouse El & Mfg

r

13%

14%

■[ '

28

107%

107

*82 ¥2

117

*26 V4 •;

27%

* 5,800
1
30

77

*116%

27%

107

61

61%

¥4

*26

27 V*

76

76%
117

*26

107

18%

19%

61%

.15

14 ¥4

88:•

19 ¥4

61%

*14

50

*82 ¥2
'

76%
117

116%

106%

*26%

76%'

;

*116%

1941

821,103

434,000

Jan. 1 to Nov. 20

1942

17,345,283

1941

25,723,743

Bonds
S.

Government

Foreign
Railroad

;

&

$681,000-•'

$61,000
±

Industrial

Total—




2,919,000

40,499,200
$43,479,200

3,033,000

$6,248,550

$17,690,000

108,800.000

D

141.898,000

1,946,265,300

27,513,000-

1,684,638,000

$31,227,000 $2,061,313,850 $1,844,226,000

listed

on

Stocks

and bonds

—Bonds—
10

15

Indus¬
14

.

November

16-—.

November

17

November

18

November

19

November

20—

.

.

.

.

.

Utili¬

trials

Date—

Rail*
roads

ties

116.24

115.70

28.27

28.00

Total
65

Stocks

10

10

First

Indus¬

Grade

Grade

trials

Rails

Rails

44.44

39.14

106.49

92.93

14.28

Second

3,753,000

5,746,000

175,000

672,000

2,782,000

$3,677,000

Dow, Jones & Co.:

20

94,000

19,000

Averages

the daily closing averages of representative stocks
the New York Stock Exchange as compiled
by

10

Total

Utili¬

40

ties

Bonds
'

54.03

109.94

$3,029,000 $150,690,500 $211,803,000

120,000

—

are

30

November

$3,538,000
I—
—

-

Total

Stock and Bond
Below

Bonds

-ti

Foreign government
Foreign corporate

90.85

38.90

106.59

92.92

53.92

109.93

114.53

27.75

14.04

38.49

106.60

92.71

53.40

109.76

90.62

114.64

27.80

13.85

39.49

106.58

92.61

53.15

109.79

90.53

114.55

27.74

13.89

'38.45

106.66

92.54

53.09

109.85

90.53

115.27

27.93

13.98

38.70

106.62

92.49

53.18

109.87

90.54

90.84

$3,298,000 $155,115,500 $220,331,000

Bond Record

New York Stock Exchange

«»
FRIDAY

WEEKLY

-

YEARLY

-

the

"and

are

column headed "Interest

The italic letters in the

Interest

Exchange

Stock

Period

Nov. 20

Week Ended

Sold

Low

Stock

Period

20

Government

S.

1947-1952
1944-1954
i—1946-1956
__1943-1947
1943-1945
_1944-1946
1946-1949

.

Treasury 4s

3%s
3%s
3%s
3V4s
3%s___
3Vas
3s____

Treasury

Treasury
<ry

Trea ury

Treasury

Treasury
Treasury

1949-1952
1946-1948
1951-1955
1955-1960
1945-1947
1948-1951
1951-1954
._1956-1959

-

Treasury 3s

2%s
2%s

Treasury
Treasury

Treasury 2%s
Treasury 2%s

Treasury 23/4s

2%s__^
2%s
2'/as
2'/2S—___
2'/is
2yas
2Vis
2Vis
2yas
2%S___
2V4s
2y4s___
2%s

Treasury
Treasury

Treasury
Treasury

Treasury
Treasury

Treasury
Treasury

Treasury
Treasury

Treasury
Treasury

—

Treasury

;

Treasury 2s

2s

Treasury 2s
Treasury

2s

Treasury

2s__

Federal

—

110.8

101.29

104

*102.13 102.15

102.13
103.16

105.20

107.3

108.14

107.4

*107.2

series

M

A Costa

Cuba

109.14 110.29

*110.18 110.20

Rica

107.4

108

109.5

110.28

4%s

107.29

110.17

109.17 109.17
*104.29 104.31

104.29
107.11

107.30

107.2

*108.25 108.27

108.15

Govt.

Foreign

108.16

109.31

.

A

AGtd

sink fund
sink fund

*109.15 109.17

108.16
104.21

coll 7s A

1945

7s series B.

1945
1945
1945
1957

J-J
J-J
J-J
A-O

AExternal sec s f 7s 2d series—1957
AExternal sec s f 7s 3rd series—1957

A-O

(Dept)

AAntioquia

4s

AExternal

s

f

AExternal

s

f 7s series C—

AExternal

s

AExternal

s

f 7s series D

1st

f 7s

series

external 5s
1958
Argentine (National Government) —
S f external 4Vis.1948
S f conv loan 4Vis
—1971
S f exti eonv loan 4s Feb
1972
S f extl conv loan 4s Apr_,
1972
Australia tCommonw'lth) 5s of '25-1955
External 5s of 1927
1957
External g 4Vis of 1928——.
1956

s

.

1960
1952

53%

52

1945
1961
1944
1967
1968

F-A
J-J
J-J
J-J
M-N

1954
1942

J-J

5s

-

2Vis—
3J/4s—
2'/4s—.
30-year 3s
—
30-year 3s—
A Carlsbad (City) 8s
A Chile
(Rep) External s f 7s
10-year

25-year
7-year

49%

1942
AExternal sinking fund 6s
1960
A 6s assented
I960
AExtl sinking fund 6s
Feb 1961
A 6s
assented
Feb 1961
ARy external s f 6s—
Jan 1961
A 6s assented
Jan 1961
AExtl sinking fund 6s
Sep 1961
A 6s
assented
—Sep 1961
AExternal sinking fund 6s
1962
A 6s assented
1962
AExternal sinking fund 6s
1963
A6s assented
1963
A 7s

assented

—

1957

AChile Mortgage Bank 6Vis
A6 Vis assented

ASinking fund

i

5Vis

1957

105.16

104.5

104.5

1st

AEstonia

102

104.6

103.27

Finland

1961

A Guaranteed sink fund

1962

6s

1962
1960
1960

assented

A 6s

A Chilean Cons Munic
A 7s

1961

sink fund 6s

assented

A 6s

7s

7s

assented

A Chinese

Colombia

1951

(Hukuang Ry) 5s
(Republic of)—

A 6s

of

1928

Oct

1961

A6s

of

1927„

Jan

1961

3s

external

For

s

1970

f $ bonds

footnotes

see

page




1844,

J-D
A-O
J-J
A-O

72%
—

71

59

V

61

71%

71%

63

73 %

A-O

73%

73%

61%

73%

A-O

J-J
J-J

17%

17%

M-S
J-D

80

80

>85

85

,_1948

1967

7s__

extl 6s

(Republic)

73%

_„1945

70

65

''17%

12

8

1

65

85

66

85

82

85

e%

*8%

13%

.1949
1949

100.5

5

100.4

101.5

100.20

A7s

part

100.4

11

___

Government—

Greek

100.11

100.6

100.6

A6s

part

100.2

100.22

Haiti

103.24

13%

1964
-*-1968

paid—
paid

12

Helsingfors

15
14%

24

8

15

23

6%

14%

65

10

100.5

100

102.22

103.6

103.23
103.4

103.2

,-1960

55

66%

*60

63%

47%

62%

M-N

*80%

87

69

78

A-O

9%

10

64%

104.25

103.6

A-O
A-O

(Republic) s f 6s series A
1952
(City) extl 6%s
—I960

Irish Free State extl s f 5s

104.20

103.8

104%

101.10

101.9

101.10

25

45
44

*~5

*4oya

w

43

25 Vi

(Colombia)

AMedellin

44

32 V4

*43
43

,

44

1957

5%

10

6%s

J-D
J-D

1954

(Prov) 4s readjusted

1954

14%

14%

80

80%

80

8

21

Irrigation—
9%

M-N

-1943

stamped assented

15%

72

11

82%

5%

9%

98 Vi 106

62

104%

■

'104.23

A

32 Vi

>

10 Vi

'.

1945
1945
AAssenting 4s of 1904
1954
AAssenting 4s of 1910—
1945
§ATreasury 6s of 1913 assent—1933

14%

15

11

10 Vi

15 y4

14%

15

7

11

15

15%

15

15%

9

10%

15y2

15

15

15

1

10%

5s of 1899

10%

(State)—
external s f 6 Vis

151/4

,—,—

*5%

9%
5%

—

158

12

11

12

5

5%

12

5%

10%

5%

12

29%

20

11

11%

240

12 y4

11%

12 y4

77

6

12%

16

16

16%

17

9%

17%
i7y4

9%

7l%

'

151/a

4

Q-J
Q-J
J-D
J-J
J-J

(US) extl 5s of 1899 £

Mexico

Minas Geraes

15 Vi

15

7

14%

15

14%

'•
—

—

—

,-*>

J.

15

A Sec

(City)

New

15

8

11

15

External s f 5s_

40

7

18%

40

External

f

s

94

81

82%

92
'/

88

95

13

94%

82%

71%

821/2

;

75

106

74%

75

65%

18

75

74

76

44

38

76

74

75%

16

38

F-A

———1944
—1956
External sink fund 4'/4s_.
—1965
4s sink fund extl loan
1963
Municipal Bank extl s f 5s
1970

F-A
M-S
A-O
F-A

72

47

—1955

36%

72

'

'

'

97%

97%

34

83

100

83

T

31%

W

—

/

'

100

31

32%

22%

mod 3V4s ext to
1994
Ext sec ref 3'/2s series B
,-1967
APernambuco (State of) 7s_——1947
APeru (Rep of) external 7s___—-1959
ANat loan extl s f 6s 1st ser__—1960
ANat Loan extl s f 6s 2d ser
1961

M-N
M-N
J-D
M-S
M-S
M-S
J-D
A-O

1940

A-O

APanama

34

32%

18

18%

34

32%

5

19%

34%

71'%

'

18%

31%

71%

2

37

711/8

1

36%

70

1

44

73

69

69

71%

;:

71%

'

{APoland

65%

—

46

66% V

56

13

56

67

67

44

57%

67

*44%

—

68%
45%

6

59
43

68%

i.-

21

101% 101%

106

100% 100 %

3

7%s—1952
—1947

98% 100%

10

101% 102
97%

97%

97%

97%

8%

•

8%

20'/a

20%

'

.+-r~

*

93%

93%

98

11

5-

6

15%

18%

19

20%

'

20%

18%
*20

18%

18%

33

19
—

13

13

A7s

21

35

12%

18%

19%

13%

—

18%

~3

12%
15%

23

13%

19%

14%

18%

18%

21

13%

20%

1

15%

18%

18%

*20%

18%

--

13

18%

19%

13%

20%

36

18%

13

__

-A-

13

*19

17%
——

13%
12%

*19

17%

—

*19

17%"

15

1

■

18%

13

17

18

13

17%

19

17%

1

123/4

18

19

1

14%

19

17%

17%

6

16%

17%

18%

17%

19

19

12%

17%

16%

_4

•*.*,

—

*13%

—

—

13

18

14

*

16%

17%

11%

17

12

15%

extl dollar loan
s

t 7s

52

99%

78

~5

53

*

78

71%

78

51

51%

78

74%

75

8

50%

75

50

70

71%
74%

*—

80

52

52

52

52

38%

39%

*

68
106

series B sec

Silesia

extl—;
(Prov of) extl 7s

A4Vis assented

1955

Sydney (City) s f 5%s
AUruguay (Republic) extl
AExternal sink fund 6s

External

3%-4%-4 A

12

393/4

52

1

373/4

52

128

29%

39%

(City)

A4 Vis assented

F-A
F-A
M-N
M-N

1979
1979

M-N
M-N

coflV—i'Dt

3%s extl readjustment
AWarsaw

,

1940

1937)—

cmiYersion

extl

J-D

external 7s

1978
1984
1958
1958

F-A
J-J
F-A
F-A

14%

12%

13%

8

8%

12%

12%

15

7%

15%

12 %

12%

162

7

15%

12%

12'/a

12%

28

7%

15%

12

12

1

10%

13

7

13%

13

12

7%

12
13

'

*13%

14

13%
11%

16

14

12 V*

14

23

12%

11%

13%

33

11%

*15
-

5%
7%

17

11%
14

~3

5%

13%

9%

15%

16%

8%

16
31

14%

14%

31

31

3

10J/a

81

31

83

5

50%

83

10

16%

15%

16%

18

13%

14%

78

8%

14%

17%

17%

7

10%

18%

16

14%

16

22

8%

16 y4

16%

15%

16%

12

9y4

16%

16%

6

10%

16%

62%

71

16%

16%

*69%

70

17%

1

11%

18%

16%

16%

11

11

16%

42%

42%

5

32

42%

26%

32

17%

42%

31
*30

15

32

25

32%

30%

30%

11

31%

51

20%

31 y4

62%

62%

2

54 y4

66

33

4%

11

4 V2

10%

9%
9%

11

ioy2

*9

77

9%

'

25

4>/2

13 '/a

9

J-D

1960
1964

8s

AExternal sink fund 6s

33/48-4-4%s ($ bonds of
External readjustment

M-N
M-N

69

101% 104

12%

J-J

1962
1962
1958
——1958

secured external

A 7s

65

57%

70

68
*104

69%
65

57%

21

69%

27%
64%

64

M-S
J-J
A-O

Slovenes (Kingdom)—

A 8s

4-4%-4%s extl readjustment

38%

M-S
M-N
M-N
J-J

1956.
1968
1940

Serbs Croats &

A

A-O
J-D
M-N
J-D

1950

extl water loan

5 A Secured

19%

,

external

A 6s

18%

A-O
F-A

1964
1952
-1957
-1936

A 7s

19%

20%

Paulo

A 8s

(

M-N
F-A

1967

municipal loan

A6%s extl

20

—

loan of 1926

external sink fund 4s
(City of Brazil) 8s
secured s f
jASan Paulo (State) 8s

ASao

20

18%

*

19%

*20

gold

Santa Fe

20%

J-J

1946
1968
—1966

1921

extl loan of

external sink fund

A7s external

19%

1

*20

18%

—

86

83% 100

99%

*98

Sul (State of)—

A 8s

20%

•

1946
1953

8s

(City of)

6Vis

A 6s

9

'

—-

sec

Rio Grande do

98%

22

de Janeiro

AExtl

98% 100%

a

■fr

ARio

97% 102

8

100% 100%

—-

J-J
J-D

—1966

(City of Greater)
Queensland (State) extl 6s
APrague

100% 102%

100 y4

.1961

(City of) 8s
AExternal loan 7Vis

103% 107%

101%

—

APorto Alegre

49%

106% 107%

A-O
A-O
A-O
J-J

1958
A Stabilization loan s f 7s1947
A4%s assented—
—1968 <
AExternal sink fund gold 8s
1950
A4%s assented
1963

66%

67

66

67%

—

1963

(Rep of) gold 6s

A4Vis assented

66%

66%

83%

48

84

'

*70

65%

extl s f 5s ser A.1963

(Rep)

AStamped assented 5s—
Stamp

36%

31

34%

32 >/8

31%
A*.—

(City) sink fund 4%s

100

'

*99% 100

34%

44
1

78%

99% 100

J-D

,

Oslo
83

*98% 100
'

«•*»'

6s

86

80

2

81%

77%
100

A-O

External

75
70

.

*77%

F-A
A-O

1943

6s—

10%

13

16%
—

*80

76i/a

69%

v

External sink fund 4ya3

75

65

74%
75

1957
1958

5s

Norway external

94%

16%
*83%

(State)—

South Wales

14%

__

—-—1952
1959

7s

series A—.—

A 6s

M-S
M-S
J-D
M-N

1958
1959

f 6 Vis

ASec external s

AMontevideo

37%

1

J-D

M-S

of dep

ctfs

8s

Republic 7s stampedunstamped—

100.9

100.10

104

J-D

A-O
M-N
M-N
M-S

*71

104.24

'

A Guaranteed

72%

72%

1969

(Republic of)

Mendoza

J-D

73%

,_1969

series

Salvador

AE1

104.27

101

A-O

J-D
A-O

50

63

71%

5Vis 2d series

101.9

*101.7

M-N
M-N

54%

22%

A-O
MS

.AJugoslavia (State Mtge Bk) 7s

M-S
A-O
A-O

A-O

1940
1961

Customs Admin 5yas 2d series

100.22

103.6

J-J
J-J
M-S

58

26%

101.17

*103.6

F-A
F-A

1961

_1962

series sink fund 5yas

103.14

*103.3

M-N
A-O

1961

6%s

A6%s assented

4'/as

External gold

101.21

"

M-N

54%

105.21

100.5

■

29

53

50

104.6

103.27

*103.13 103.15

\

64

58
54%

46

M-S

100.24

*100.2

M-N

30-yr 4s

29%
20

55

58

F-A

103.14

100.5

A-O

(Dom of)

Canada

15

20

29%

*30

A-C

105.8

*100.8

A-O
M-N
J-J

111

29%

J-J

100.4

*100.11 100.13

M-S
F-A

*108

102% 115

1955

5%s

§A2d

*104.4

M-3

100% 107

1942

gold

French

J-D
M-3
F-A
J-D

83

68%

77

77%

75
*104

J-D

§Alst series 5%s of 1926____.,__1940

*104.3

A-O
A-O

(Central Ry)
•
1952
Brisbane (City) s f 5s
——1957
Sinking fund gold 5s
.
1958
Sinking fund gold 6s
1950
Buenos Aires (Province of)—•
A 6s stamped
—
1961
External s f 4Va-4%s
-1977
Refunding s f 4y4-4ViS—
1976
External readj 43/a-4s/8S
1976
External s f 4Vi-43/4s
.—1975
3% external s f $ bonds.
1984

1945

103%

100

*102%
75%

J-J

SADomlnican Rep Cust Ad 5%s_^_1942

101.9

M-N

.1957
1957

1953

99

102% 102%

*102%

F-A
J-D

107.2

*101.7

J-D

A 7s

1949

.__1977

:

18%
y2 101

12%

101

101

M-S
F-A

106.23

*105.6

J-J
J-D

AExternal s f 6Vis of 1927

1944
_1949

A-O

External

!

*101.7

J-J
M-S

1941

5s of 1904

5%s

100

12

*104.28 104.30

M-S

SABrazil (U S of) external 8s
AExternal s f 6Vis of 1926

17%

107.7

102.18
4

100.13 101.18
100.24 101.3

F-A
A-O

1955
1955

f 6s—

External s f 7s

17%

103.6

103.7

*103.5

100.13

100.24

M-N
M-N

-1949

Belgium external 6Vis——
External

,

17%

106

*103.21 103.23

J-D

AAntwerp (City)

M-N

105.24

106.4

106.4

*106.14 106.16

A-O

45%

1951

106.17

*106.29 106.31

M-S
J-J

(King of Norway)

Akershus

17%

105.25

106.4

—

31

A-O

110.18

104.17 104.19

F-A
A-O

1947
1948
1968

49 %

45 y4

43%

7s

debt

wks

A Assenting

__

isy4

40

*30

1952

A4%s

6s

30

49%

36

41%

SADenmark 20-year extl 6s__

(Colombia)—

6s

AGtd

31

25%

45%

ASinking fund 8s series B

Municipal

Agricultural Mtge Bank

29%

25%

'

*30

Czechoslovakia (Rep of) 8s ser A.1951

City

&

High

109.25

*108.29 108.31

J-D

Low

25%

43

4'%s-

external

A Public

108.31

108.4

*108.2

M-N
J-D

—-—1980

1

January

No.

*30

A-O
M-N
F-A
J-D
M-N

Sinking fund 5%s

106.9

*107.12 107.14

Issue—

Corporate Stock

3%

loan

External

110.11

109.17

(Rep of)

(Republic of)

Mexican

York

New

Transit Unification

Range Since

Sold

High

1947
_„1946
1947
.1952
1953

External 5s of 1914 series A_

-

*106.22 106.24
*110.8

h- 3
M-N

1944-1952
—1945-1947

series A

Bonds

Friday's

104.20

103.19 103.19

Loan Corp—

Home Owners'
1 Vis

108.30

*101.21 101.23

M-S
J-D
J-J
M-S
J-D
MS
J-D
J-D

___1944-1964
-1944-1949

3s

108.27

*108.24 108.26

Mortgage Corp—

Farm

3 Vis

3s

J-D
J-D
J-D
M-S
J-D
M-S
M-S
M-S
J-D
M-S
J-D
J-J
J-D
J-D

1948-195Q
1948-1950
1949-1951
1949-1951
1949-1951
—1950-1952
1951-1955
1953-1955

Treasury 2s

106.14

Mtge Bank 6%s_
ASinking fund 7s of 1926
ASinking fund 7s of 1927
Copenhagen (City) 5s
25-year gold 4%s_;

116.2

106.12

13

106.12 106.14

or

Low

114.14

*114.12 114.14

M-S

1958-1963
1960-1965
1945
_____1948
1949-1953
1950-1952
1952-1954
.1956-1958
——1962-1967
__^1967-1972
—1951-1953
1952-1955
1954-1956
1947

Mar 15
-Dec 15
Jun 15
Sept 15
Dec. 15,

2s
2s..
Treasury 2s

Treasury

Treasury

Treasury

A-O
J-D
M-S
J-D
A-0
A-O
J-D
J-D
J-D
MS
MS
M-S
M-S
J-D

,

Week's Range

Last

Sale Price Bid & Asked

High
AColombla

U.

Treasury 4%s

Interest

Exchange

Week Ended Nov,

1

January

No.

High

New York

Range Since

Bonds

Last

Low

Friday

BONDS

Week's Range
or Friday's
Sale Price Bid & Asked
Friday

BONDS
New York

i

of

Cash and deferred delivery sales are disregarded in the week's range, unless they are the only transactions
in the week in which they occur. No account is taken of such sales in computing the range for the year.
Period" indicate in each case the month when the bonds mature.

Interest"—except for income and defaulted bonds.
week, and when outside of the regular weekly range are shown in a footnote
NOTICE—Prices

Trej

"Monday, November 23, 1942

CHRONICLE

THE COMMERCIAL & FINANCIAL

1840

77

77

77

87

4%

1

40%

77

1

80

—

60%

61

26

*53'

77

58

61%

61%
51

9

9

9

9%

77

71%

74%

4

53%

61

51%

59

58

"*47%

71%
73

*76

*76

7%

9%
77

57%

51%

58

54

61%

41%

47

5

4%

9

17

3%

9%

4
«...

Volume

THE COMMERCIAL & FINANCIAL CHRONICLE

Number 4127

156-

1841

NEW YORK BOND RECORD
BONDS
New York

Stock

'

20

Interest

Last

Period

Exchange

Ended Nov.

Week

Week's Range

Friday
Sale Price

or

BONDS

Bonds

Range Since

Sold

Friday's

January 1

Bid & Asked
Low

No.

-High

Low

series

AStamped

—.———

1953

Adams Express coll tr gold 4s—.—1948
Coll trust 4s of 1907——

—1947

10-year deb 4Vis stamped
Gt

Ala

1st

1st

Southern

Alabama

1st

Power

1946

A

Period

J-D

70

J-D

65%

70

49 Vi

44%

49'/2

M-S

*101

J-D

*101'/a 103

F-A

72%
62%

103 Va

102

104

103

*106% 107

_1972

J-J

Gen Corp

Adir

A Cent

104% 106%

3%s

mtge

—

4s—

5s w w

1st gtd gold 4s

__1931

Corp 3Vis debs

Branch

U

F-A

A 1st mtge 5s
§ A Consol gold 5s

,

M-N

63

A Ref

&

gen 5 Vis series

assented.—___1948
Albany & Susquehanna RR 3%s_—1946
3 %s registered
—1946
Alleghany Corp—
5s modified
:
————,.-1944

A Ref

&

gen

5s series C

92%

F-A

90

113

71%

71%

73%

139

63

Div pur money gold 4s__1951
AMobile Div 1st gold 5s——1946

76%

A-O

59

58%

60

27

51

64

A-O

51%

50%

52

88

—

income

AChatt

'

89%

J-D

——1950

——1950

modified—

A 5s

94%

-—1949

-

modified--

5s

Alleghany & West 1st gtd 4s

—1998

89%

41

68

Illinois

Central

Allied

Stores

Corp 4%s debs——1951

Mfg conv 4s__—1952
Foreign Pow deb 5s
2030

&

Am

Amer I

G Chem

Internat

Am

5%s

conv

Corp

1949

:

5s

|

registered

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conv

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102

106%

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102

106% 106%

74

102%

74

Telegraph Co.—
debentures—————-—1961

3Vis

debentures

3s

Tobacco

*17%

20%

A-O

*1107%
73

24

18

18%

28

13%

22

16%

16%

18%

53

14

20

16%

16%

16%

16

12%

J-J

Central

Pacific 1st ref gtd gold 4s_1949

100% 101

12

108

107% 108%

48

1057/e 108%

Through Short L 1st gtd 4s„

109

J-J

A-O

74

93

§ A Central RR & Bank'g of Ga 5s__1942

M-N

86

85

86

22

78

95 %

1948

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91%

93

20

80 7/8

94

101%

Champion

Prod

5 Vis A____

Paper & Fibre—

S

f

deb

4%s

(1935 issue)__^___1950

M-S

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102% 104

101%

J-J

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94%

,

106%

94%

103% 106%
36

97%

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series

(Del)_1957

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53

Ref &

697/s

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impt mtge 3%s D

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55

100% 106%

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^_1992

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34

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J-J

Chesapeake & Ohito Ry—
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108

87

28

100% 106 %

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1st

2d consol

..1946

Topeka & Santa Fe—
/>'
/ General 4s—■
•—------1995

A-O

lllVi

Adjustment gold 4s—;———1995

Nov

111% 111%

93%

M-N

92%

1905————1955

of 1910—

1st 4s_——1958

ref 4V2S A—

1962

gold 5s——1946

J-D

49

106% 112

Illinois division 37/2s

:

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&

coll

N

4%s A——,_1964

unified

10-year coll

4s„—July 1952

cons

tr 5s—

gold 4s

May 11945

96

3Vis

25

101

105

104 % 104%

39

101

105%

101% 101%

J-J

*106

*118% 119%
*114

A-O

23%,

"7

/ 111% 112

J-D

110% 112%

109% 112%

*1097/8 111

109

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V. 85%

62%

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1st

74

87%

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947/a 10211

72%

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104

63%

33%

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11

30%

40

28%

28%

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6
3

Ref

Dec

due———1995

(int at 1% to
;■
Sep 1 1946) due
2000
Ref & gen ser F (int at 1% to
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—__1996
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*—Feb 1 1960
—

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>

105%

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102

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56

55%

;

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57%

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28

27 7/a

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32

30%

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195

28

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27%

27

28%

F-A

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23

229

18%
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>

54%

38

28

36

J-J

30%

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47

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34

7%

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63

67/a

-May 1966

J-J

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7%

8

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11

Chicago Ind & Sou 50-year 4s—___1956

J-J

68

68

68 7/a

16

56%

70

fChicago Milwaukee & St Paul—
AGen 4s series A——May 1 1989

112

33%

51%

7

& gen

6s series B

34%

7%:

J-J

41%

40'A

41%

J-J

38%

37%

38%

J-J

42%

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series

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34

53

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53
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157

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91

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;

58

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1951

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39

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-1956

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:

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41

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2

102% 105%

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103%

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21
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1955

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1955
1966
1950

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J-J

72%

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•

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74

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23

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53

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113

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J-D

?U0%

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JBurlington Cedar Rap & Nor—
§ A 1st & coll 5s
—„—-1934
ACertificates of deposit-——

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A-O

11

11

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30

81

81

81

10

78

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31

53

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273

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1949

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1969

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81

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21

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——1945

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168

——1970

mtge_

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-

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1972

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/

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.

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41

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f

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1952

E_/_——1977
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ref 4%s

income

207

"

187/«

-1957

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5s

40

*41%

1952

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;
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35

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J-J

:

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—1970

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———1943

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.—1962

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G

E

&

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of

deposit————

deb

5s_.

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1st

&

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deb

extl

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4s

237/e

.

May 1952

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,

-

J-J

•

89%

,

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46

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1

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5

24

91%

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'

—Apr 15 1952

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113

1970

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109

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.

f109Vi 109%

—1955

85
•

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w

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53

52%

82

1968

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110%

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15

108% 111%

1958

J-J

108 %

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27

106

—Apr 1 1969

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52%

52

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81%

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77

90

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'

page

187/a

A-O
M-S

1963
1963 ■;;

4s

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106

34

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,

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,———1967
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1969
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■

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76

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1950
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—_—1955

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79

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1961
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>-*76

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37/8

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gold 5s

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—-1952
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—
1960
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:—1951
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1960
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58

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stamped—

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4s

J-J

Battle Creek & Sturgis 1st

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128

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39y4

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37

74%

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1959

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106

52%

116

& Maine

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32

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56

32

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36

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90

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1946)

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1995

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& gen

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80%

mtge 4%s——2038

RR—

1946)

50

Refunding gold 5s series B—1947
ARefunding 4s series G
1947
A 1st & gen 5s series A
——1966

95 % 100%

Stamped modified bonds—
1st mtge gold
(int at 4% to
Oct 1 1946) due—July 1948
1

947/a

F-A

A

25%

105

5s

mtge

AGen

77%

33%

mtge gold 4s——July 1948

& gen

25

94

94'%

80'%

JAChic Ind & Louisville ref 6s A—1947

B

Dec

13

A 1st

737/8

M-S

Ref

114%

437

M-S

Chicago Gt West 1st 4s series A_„1988

50

99% 100

ref

&

Chicago & Erie 1st gold 5s

M-N

Atlantic Refining deb 3s——1953

1st

114

24%

Chicago & Eastern 111 RR—

104 %

J-J

J-J

Ohio

117% 121%

—

d23%

—_

1958

101

1952

V

——_

100 % 103%

92

102A

J-J

—————1949

registered—

AGen

64

/ 102 a

1949

—

1st & ref 4Vis series B_„——1977

109

86

62%

:102 A

M-N

4s

12

102% 102%

85%

Division

"l

,,103% 103%

M-S

Atl Gulf & W I SS coll tr 5s—1959

&

—

*93

,

-—-,—1949

General 4s_—

97% 101%

73

,112% 112%

M-S

4s

1
•

J-J

Baltimore

100% 104%

J-J

registered——.—..——,.—1949

Illinois

>

104%

4s———— _1948

mortgage

95

87%

1948

—Oct

Atlantic & Danville Ry 1st 4sv._
Second

88%

11

104%

J-J

1st

2

92%

104

J-J

Coast

93%

92%

104%

J-D

30-year 5s series B——1944

1st

93%
■

J-D

1st 4V2S A——1944

Atlantic

L

1960

130%
100% 104

11

Chicago Burlington & Quincy RR—

Stamped

1909————1955

126

41

J-J

———1989

9

102%

103% 103%

102

,

—--——1995

129% 129%

163'%,

J-J-v

gold 4s™^1989

cons

gold 4s

129'%

F-A

AChicago & Alton RR ref 3s———1949
Atchison

Charl A L

83%

109%

Memphis Ry Bdge & Term 5s 1964
(Del) 4s B———1955

&

58%

100

Armour & Co

Atl

75

49

54%'

106

8

1st

62

109

F-A

105% 108%

27

1st &

19

56

A-O

gold

124

53

Cal-Ariz

75

53%

1954

5s-_———..I960

Guaranteed

101% 104'%

237

62

Trans-Con Short L

82%

106% 107%

61%

Atl Knox & Nor

82%

lOO'/s 101'%

52

Conv 4s of

68

109%

107% 107%

Q-J

Conv gold 4s

66

14

107

107%

Jan

gold 4s of

"9

108% 109 %

82%

19%

13%

101

Anglo-Chilean Nitrate deb—'——1967

4s„„

19

Certain-teed

M-N

fAnn Arbor 1st gold 4s————1995

Conv

.

*15

F-A

75%

-

—_

105% 108%
59%

110% 112%
75 62%

72

18%

121

Y

20%

73

>—A

A—v,_1987

registered

11

J-J

1987

.

8%
28

j-j

—-1987

4s

8%

'15%

107

Wks & Elec 6s series A„_1975

4s

33

A-O

Wat

sink fund

.1966

*24

3

M-S

Type Founders conv deb——1950

1st

26

1956

Am

Ark &

7'/a

26

Am
A

6%

3s———1962

deb

Co

6%

3

J-D

debentures———

conv

Amer

-1966

20

A-O

49

24%

356

67/e

Power 3%s_-1962

90

76

10%

23%

N

75

36

45%

6'%

Central

103% 104

23
77

69

227%

100% 104%

103%

34

64%

6%

V

.

American Telephone &

3 Vis

Light 3 Vis—

'

23%

,

M-S

55

99% 100%
93% 100

J-J

New Eng 1st gtd 4s——-.~1961
JACentral of N J gen gold 5s_
__1987

4s

Allis-Chalmers

42%

J-D

tACent

59

60

>65',4

A-0

92

78

5

58

98%

A-O '

—i959

5s

477%

477/B
98 'A

A-O

B-—„.._1959

63

81%

60%

106% 108%

100% 100'%

69

1945

A,

F-A

54

85

High

47

103

*25

1945

55

947/a

Low

23

99% 103

477%

J-D

_™„_Nov

63

94

No.

2

98%

63

94ya

61

100'%

*60

*92%

Range Since
January 1

Sold

108% 108%
103

j-j

*60

A-O

Bonds

^Central of Georgia Ry—

103 7/a

A-O

*—

'

J-D

A- O

warrants

'

1947

A-O

with

6s

Friday's
High

108'%

gold 4s—1948

1st

P

—

.

—.——1962
w

1948

Albany Perfor Wrap Pap 6s

or

M-N

Celanese

106 Va

*104%

*103'/a 104

1950

Ohio

&

Celotex Corp deb 4%s w

104% 104%

J-D

J-D

M-S

Cart &

98 % 101'/a

5s___1943

J-J

,.1965

Clinch

Carriers &

100% 1017%

'

Week's Range

Last

Sale Price Bid & Asked
Low

}§ACarolina Central 1st gtd 4s—1949

——1943

cons

series B

4s

cons

Interest

20

Carolina

unstamped™..->.1953

A

Friday

Exchange

High

tAbitibi Power & Paper—§A5s

Stock

Week Ended Nov.

Industrial Companies

Railroad and

York

New

mtge 3Vis series I
debs

3%s

109%

Monday, November 23, 1942

FINANCIAL CHRONICLE

THE COMMERCIAL &

1842

NEW YORK BOND RECORD
Friday

BONDS

Last

Interest
Period

Stock Exchange
Week Ended Nov. 20

New York

or

or

Period

Low

Range Since

Bonds

Friday's

Low

No.

High

Illinois Central RR—(Continued)

&

Conn

Eiv 1st 4s

Pasump

ref 4'/2S
Stamped gtd 4V2S
Conn River Power s f 3%s A
Consolidated Edison of New York
Ry & L 1st &

Conn

—1943
1951
1951
1961

3'/2S

debentures

*109%
*110%

102% 103%

A-O
A-O

.1956

104%
106 %

J-J

102% 104%

70

104

,

103

26

105 % 108

103% 104'%

35

101% 105%

,

J-J

32

1955

J-J

32

11

32

J-J

37

Joint

80

4

3714
98

1st & ref 4lis series C

III Cent and Chic St L & N O—
1st

Ind 111

Power Co—

Consumers

M-N

110% 110%

1

111% 111%

11

,108% 111%

108% 108%

5

107% 109%

■

*109 y4110

M-N

32

40 %

40%

33%

J-J

34%

J-D

*37

3214

95%

35%

25%

38%

2

23%

3314

/

30%

38

Ref sink fund

,1st

33%

86%

24

95%:

95% '

83

58%

60

57

57%

53

59

*40

44%

40

46%

*42

46%

39%

49%

*45 %
f

56%

50

43

54

95

79

79

64 Va

64%

56

66

48%

47%

49%

137

40%

52%

J-D

43

43

44%

52

37%

47%

81

81

1

66%

82%

22%

23

22

19%

27%

1.1950

A

J-J
J-J

1st 5s B

—1972

!

23

99% 10214

*101% 103
103% 103%

A-0
J-J

26%

28%

219

5%

6%

99% 104

16

217

28%
5%

*" A-0

1%

85

27%

25%

27%

110

35%

37

73

39

104% 105%

4

104% 105

28

102% 105

33

,102% 103%

28

11%
21%

27%

36%

6%

11

25

10312

29%

11%

27%

J-J
J-J
A-0
J-J
M-S

1947

102% 105 %

11

105%

105

105

A-O

" A-O

*

108% 108'%

*108% 110

M-S
v"

1955

96

85

2

90%

91%

F-A

91

91

91

11

58%

60

223

36%

60%

63%

62%

64

211

38%

64

4s„>2-1951

J-J
F-A
M-S

59%

141

%

1st 4s
.—1959
Laughlin Steel 3145——1961

J-D
J-J

1st gtd gold 4s—1990

A-0

4s_1936

A-0

ref

lien

6%s

Debentures 5s„-_

M-N

1955

—;

1st & ref

JAIowa Cent Ry

"

4%s_„1952

Telep & Teleg deb gold

Int

49

71

>1963

6s series

Int Rys Cent Amer

23%

33

94%

•

40%

28
-

39

*31
•>;

A-0

30

7

59

38%

J-D

^Adjustment 6s series A"—July 1952
A 1st 5s
series B,'
2—>1956
A 1st gold'5s series C
1956
Internat Hydro El deb 6s
2—:>1944
Internat Paper 5s series A & B_—1947

33%

23%

10.

32%

,

37 %

21
„

39

*37

J-D

98

26

3

31%

receipts
5s.gold—
_.1952
A Deposit
receipts
,
A7%s series A extended to
1946
A Deposit
receipts
A6s series B extended to
1946
ADeposit receipts—
—
—
Curtis Publishing Co 3s deb
__1955
A Deposit

35

90%

20

34%

J-D

ACuba RR 1st

98

96

96

J-D

99% 101 >/2

3

101% 101%

A-0

109

106

48%

125

*56

57

J-J
"F-A

Ind

108% 110%

M-N
M-N

57

44%

.

1st gold 4s.._

& Iowa

57%

42%
*81

.—1963

A.

ref 5s'series

tAlnd & Louisville 1st gtd 4s_——1956
Union Ry 3%s series B_—j—l_1986
Inland Steel 1st mtge 3s series Fi-1961
Inspiration Cons Copper 4S_
"1
1952
Interlake Iron conv deb 4s
>>—1947
?AInter-Great Nor 1st 6s series A.1952

110%

107

58

109% 109%

M-N

1965
1st mtge 3%S-—>
1967
1st mtge 3 lis
1970
1st mtge 3%s
_
1966
1st mtge 3V4S
1969
Crane Co 2V4s s f debs
1950
Crucible Steel 3V4s s f debs—>—1955
§ACuba Northern Ry 1st 5lis
1942
mtge 3%s

1st

High

57%

57%

42%

J-J

1951

,

38

26

1

,

97%

96%

Gold 3 lis

'Springfield Div 1st gold 3%s__—1951
Western Lines 1st' gold 4s
1951

23%

34

*32

.

96%

J-J

—>,

23%

32

-I960

106%

17

107% 107%

104

.1954
.

106 %

106% 106%

107%

J-D

.1951

43

104% 105 %

103

A-O

108% 110%

—

■

4%s____
Bridge gold 4s

40-year

10814 110

—

M-N
F-A
J-D
J-J
J-J
F-A
J-J

1955
>>1966
Cairo
i
L-1950
.Litchfield Div 1st' gold 3s~..
1951
Louisville Div & Term gold 3%s_1953
Omaha Div 1st gold 3s
1951
St. Louis Div & Term gold 3s_ —1951

Refunding 5s

119

*112

F-A

..1948

debentures-

3 lis

Z

1

.1946

debentures

3%s

,4-0

J-J
J-J

1

January

Sold

Sale Price Bid & Asked

High

Low

No.

High

Low

Last

Interest

Sjtock Exchange

Week Ended Nov. 20

1

January

Sold

Sale Price Bid & Asked

York

New

Range Since

Bonds

Friday's

Week's Range

Friday

BONDS

Week's Range

2%

1%

90% 101

2%

D

M-N

Edison

Detroit

series F_
1965
series G—1966

4s

1970
1995
A Second gold 4s
1995
Detroit Term & Tunnel 4lis
—1961
Dow Chemical deb 2lis—
1950
Dul Miss & Iron Range Ry 3lis—1962
t§ADul Sou Shore & Atl gold 5s—1937
Duquesne Light 1st M 3 lis—
1965
ref 3s series H

&

Gen

Detroit & Mackinac

1st lien gold 4s

Ry Minn Nor Div 1st 4s—1948
East Tenn Va & Ga Div 1st 5s.—1956

1995
1950

gold 5s

1st cons

(NY)

Ed El 111

2% s debs

Elec Auto-Lite

Elgin Joliet & East Ry
El Paso & S W 1st 5s

1970

3 lis—.

Hi

5

39

1%

3%

Kansas City

17%

205

11%

19 %

6%

42

A-O

17 li

17

Ref

&

Kansas
6 %

*88%

M-S

■

__

111% 111%

M-S

~1
3

104% 105

J-D

85%

86

A-0

107%

A-0

107

M-N

155

149

*„..

J-J

89%

89%

90%

J-J

54%

54%

55%

——-1956

1961

Rub 3s deb—

62

93%
58

M-N

*106%

M-S

*961'4

95

Lehigh Coal & Nav s f 4V2s A—2.1954
Cons sink fund 4%s series C
1954

JAFla Central & Peninsular 5s——1943
iFlorida East Coast. 1st 4lis
1959
A 1st & ref 5s series A————1974
ACertificates of deposit
T——

1945

gold 4s>

1982

(Proof of claim)

J-D

78

77 %

78

~7

57%

M-S

19%

17

19%

355

8%

17%

7

7%

19%

17'/a

"■

17

3s debs——1956
coll trust 6s
1956

.

78

*102%

J-D

.

83

M-N

2%

4

74

Gen

1949
———1949
Oct 11945

80

86

90

95

*82

83

84

168

170

*169

Castings 5lis

Steel

Ala Ry 5s.

fAGeorgia 81
AGa

85%

F)

(B

Gotham Hosiery

1934

16%

——1947

J-D

.

General 5lis series B

—1961
—1952

106% 106%

108 % 108%

16

79

,1st & ref sink fund
5s stamped

/

ctfs

89

14

35

78%

79

11

70

75%

76%

26

67

79"%

83%

91%

96 %

83%

67%

83%

83%

35

99%

291

9914

224

92%

32

69 %

79 V2

57%

65

74%

76

,,

9 %

*91

1950

87

87

J-J

70%

70

J-J

53%

52%

53%

AGen mtge

Gulf

series C

,

4

11% >
92%

66%

74%

31

46

59

Gulf States Steel

s

1952

92%

»92

J-J

1961

A-O

102

102%

1969

f 4lis

Gulf States Util 3 lis series D

M-N

111

111.

101

32
2

Oil 4lis debs

Houston
Hudson

Coal

Hudson

Co

Hudson

&

1954

1st 5 f 5s

Gas

1st

series

A

1962

.-1949

gold 5s

AAdj income 5s

93%
105

109% 111

126

A-O

126%

*102

J-J

Central

77

M-N

77

••

*103% 104

M-N

42%

J-D

M-N

—

42

*42%

43%

"

2
—-i

42

46

46

46%

134

A-0

18%

18%

18%

.62

1981

101%

J-J

101% 102%

1951

J-J

1951

A-O

*86%

1951

M-S

*35%

1st

gold 3 lis

1st gold 3s sterling

Collateral

trust

61%

93

36%

8%

Collateral

For

lines

trust

footnotes

"l

93

84

86%

86

—

86%

39

42%

55%

page




50

52

48%

48

48%

170

39%

49%

42%

42

44%

38

38%

46%

1953
1844.

A-0

J-J

M-N

48

47%

48%

80

39%

50%

51

■

71%
73

67%

13

58

45%

11

42%

51

53%

18

48

57%

145

29%

33%

26%

36

29

19

59

38%

32

35

40%

29

60

37%

57

37%

26

30%
29%

31%
36

46
61

51%

3

114

117%

105% 105'%
110% 110%

11

104

106%

44

122%

7

110% 115
121% 123%

117%

'115

105%
110%

122

"99%

105% 105%
102% 105

—

*104% 105%

96%

99%

32

92'

99% *

98%

99

91%

98%

•

99

14

91%

99

*97%

110% 115
119% 122%

*110% 113%

12012 120 %
78%

78 %

84%

77%

26

80

*109% 110%

108% 110%

*104% 105%

104% 106

1955

.

95%

%

87%
83%

17

*103% 104

■—

,

105

'

2

105

107

93%
*110%

-

105

101

'

104
.

■

108%
106%

104
80

•

*__

93%
86%

80%

1

103% 108%
105

98

84

2

83

104%

99

90%

40'

*

87%

F-A
M-S
M-S
J-J
M-N

1980
1945

95.

95

3

104

104

A-O
A-O
A-O
A-O

J-J
J-J

—1952

joint monon 4s
4s

& Cine Div

A——1945
Gen mtge 4%s series A„
r___1960
Manati Sugar 4s sink fund—Feb 1 1957
A Manila Elec RR & lit s- f 5Si
1953
Manila RR (South. Lines) 4s
1959
tSAManitowoc Green Bay & North.western 1st gtd 3%s
1941
Marion Steam Shovel s f 6s——1947

.

Stamped
§ A Market

—

St Ry 7s series

A—Apr 1940

(Stamped mod) ext 5s

3%
MCKesson & Robbins 3%s_
Metrop Ed 1st 4 %s series D
Merop Wat Sow & Drain 5%s

MeCrory Stores deb

65

M-N

.

73 %

57

82%

84

107

6

307

107

94

42

86

94

—

—

108% 111%

M

21%'*

1952

gold, 4s

4%s series

Maine Central RR 4s series

48%

99% 102%
90

86%

58

.

1955

_

3lis

see

86%

2

72%

*30

45%

1952

gold 4s

Refunding 4s
Purchased

15

*93

J-J

1951

1st

gold 3lis

5s series

ref

102% 104%

35%

72%

69%

*27%

31%

_

B—1—2—1-2003
C———2003
.1st & ref-4s series D—_*—i._l_2003
1st & ref 3%s series E—
—2003
Unif mtge 3%s-series A ext-l
1950
ref

Atl Knox

85%

58

'

&

South Ry

RR—

1st gold 4s

Extended

'

&

98% 10314 '

118% 120%

42%

F-A

2%s series A

' '

1st

122% 127% 1

26

104%

;;

Unif mtge 4s series B ext—_——I960
Paducah & Mem Div 4s„—
1946

I

Illinois

.

1st

•

1
Illinois Bell .Telep

T

2d gold 3s_—
Mob & Montg 1st gold 41/as_.

1957

1st 5s A

Lou &

St Louis Div

Feb 1957

Manhattan

series A—1969

72

1

.

53

29%

M-S
M-S
A-0
F-A
J-J
M-S
M-S

3%S—_.
1966
Jeff Bridge Co gtd 4S_——1945

Louisville & tNashville RR—

'

H
Hocking Valley Ry 1st 4lis
—1999
Hoe (R) Co 1st mtge
1944
t§ AHousatonic Ry cons gold 5s
1937

—-—1951

1st 5s

80

1

71%

66%

53%

A-O
M-S

Gas & Elec

•"

&

Ship Island RR—
1st & ref Term M 5s stpd—

debenture———

Louisville

95 %

23

71%

inc 5s series A———2015

1st mtge 5s

5s

Louisiana & Ark

75

84%

—

44%

67%

M-N

7s—_>_-—1944

(P); Co deb

Lorillard

5

86

13

stamped—

4s

99%'.

89%

87%

Gulf Mobile & Ohio 4s series B—„1975

99%

7%

11

10%
93

A-0

A-0

87%

93%

65

—1950

1st 5lis B

79

99% 100

—

*—

F-A

■

80

69%

69%

J-J
A-0

4s—----1949
-——1949

52

52

84%

A-0
A-O

Miami gen

84

50V2

M-N

.

98%
88

72%

71'%

M-N

—1951

95

75%

80%

*771%

r

*84%

—

4s_>—.1955
7s—:
1944

Guaranteed ref gold

12

84

83

M-N

——2003

4s series A
1.1962
3%s ext to.2_—■——-1950
Long Island unified 4s._._>—>—1949

97%

79%

*60%

Feb
Feb

B—

88

16

97%

75 li

;

20

84%

98%

83

*"

Long Dock Co

93

91%

76%

F-A

4s registered
—
2003
4%s stamped modified—.—^>—2003

Little

98% 105

91%

72%

78%

F-A

/

Libby

72

11

52

1964

gtd 5s
1954
Y.4%s ext—-1950
,

98

41

98%

F-A

1974

100%

29

87
86%

85%

*83%

J-J

Libby McNeil &

105% 108%

98%

83

1%

%

' 100% 100%

86

>—

5s_———1974

Liggett & Myers Tobacco
'5s debenture—

96

82

98%

Nor

32%

82%

J-J

&

21%

92%

'.

102

98

2

86

:^>

—

registered——2003
"5s stamped modified———2003
Leh Val Term Ry ext 5s———1951
Lex & East 1st 50-yr 5s gtd—
1965

-

93% 106%
80

101% 102%

J-J

Gulf Mob

20

7
43

98

102%

99

ADebentures

14

J-J

92%

103% 107

7

*1%

*94 %

J-J

.

21

108%

J-J

v

100 % 100%

>100

5s>———1964

Lehigh Valley RR—;•
4s stamped modified

100

J-J

—1946
Gen mtge 4s series H—
1946
Gen mtge 3%s series I
1967
A Green Bay & West deb ctfs A—.
General mtge 4s series G

94

31

*95

J-J

General 4lis series E__

234

105% 106%

105%

M-S

1973
,—1976
1977

General 5s series C
General 4lis series D

116

16%

31

J-J
J-D

Grays Point Term 1st gtd 5s
Great Northern 4lis series A

116

-99% 100

J-J

1st 4%s___—1956
deb 5s w w
1946

& Nor 1st ext 6s

Caro

Goodrich

100

J-J

19

105% 105%

105 3i

101
106%
104% 106%

2

104

103%

M-S

2

:——1954

102%

69

11

*116

J-D

43%

40%

4 %s

Elec of Berg Co cons 5s

110% 111%

86

*94

F-A

.

Gas Si

67

108% 110%

39

50

A-0

Lehigh Valley N

4%

100

__

83%

65%

86

J-J

Lbh Val Harbor Term

4%

1%

5

3%

3%
*3%,

31

*41

J-J

"

:——„>—>—>1954

stamped——>,—--4-

5s

;;
M-N

65

71%

*110% 111%

J-D

:———^^>1944
fund 5s

1st & ref sink fund

20%

deposit—,—

of

ACertificates

Food Machinery Corp
Francisco Sugar

J-J

69%

,

stamped

1st ;& ref sink
5s stamped

99

58

..

bs

107%

88%

28

99
—

RR—

JFonda Johns & Glover

§A2-4s

98%
*57 %

56%

108% 109

108%

Dec

A—>——1965

Lqhigh & New Eng RR 4s

97%

105

2

105

105

62%

29

J-D

reg————1975

mtge income

.A 1st

108

106

J-D

37%

J-J

1947

—

gold 3las'—2-1997
3%s registered-———*—
1997
Lautavo Nitrate Co Ltd—
r,
: " .

45%

176

M-N

1

70%

Lehigh Valley Coal Co¬
Fairbanks Morse deb 4s

69 %

56%

& Western RR—

t5s extended at

Lehigh & N Y 1st gtd

Firestone Tire &

88

40

59

F-A

Lake Sh & Mich Sou

56%
89

Lake Erie

,

70 '

86%

64

C___——1953
,Coll & ref 5'/as series D_
——I960

*

58%

67%

65%

82
49

88

62

A-O
F-A

extd 5s————1945

ref S'/zS series

Coll &

104% \

103

103

*_i_

Laclede Gas Light

'

99% 101 Va

101% 101%

101 '/j

M-S

19543lis—_——1961 *.^.1950
—1959

3% notes
JAKreuger & Toll 5s ctfs—

99% 103

>149

J-D

1st;& ref 6%s__
Koppers Co 1st mtge

109

107

104

J-J

97%

108% 110%

107

103

53%

93

56%

70%

A-0
J-J
J-J
M-S
M-S
M-S

—1997
1954

1st 5s—

Kresge Foundation

31

15 %

30

110% 110%

J-J

95%
103%

106% 108 %

5

24

24

Kings Co Lighting

102

2

25

1961

Kings County El L &,P 6s—..,

25

80 la

12

102% 102%

J-J

40

17%

107

„

1961

32

M-S

107:

4s__,——1987
4'liS__-:_—1961
1—
1961

unguaranteed.:—,

4 lis

101% 106%

26

M-N

43

25

56%

J-J
J-J
J-J
J-J
J-J
J-J
J-J

Apr 1950
—I960

impt 5s>—>—_i
City: Term 1st 4sJ.

Stamped——
Plain
-„——2

109% 112

6

*24%

J-D

29

96%

*84%
57

A-O

Southern Ry 1st 3s__.1950

Kentucky & Ind Term

88%

108% 112%

66

40

40

J-D

&

Kentucky Central gold

7

3%

78%

112% 112%

112%

A-0

A-O

1971

mtge 3 lis-—

1st

Div

Ohio

19

JS.AK C Ft S & M Ry ref gold
'ACertificates of deposit.—

3

1965

series B————1995
AGen mtge inc 4lis series A—_2015
N Y & Erie RR extl 1st 4s——1947

24%

2%

A-O

1st cons M 4s

10%

2 li

Co—

Railroad

40

F-A

1965

stamped

5s
Erie

21%
3%

—

East

Kanawha

3%

J-J

Mich

22%

3%

50

95%

108%

10%

20%

48%

48%

K

104% 106%
104

1

21

F -A

1947

mtge 3lis

& ret

Gen

&

349

19%

21

J-J

1935

4s ctfs__:
gtd 4Vis.

106% 106%

J-J

series B—-Apr 1978

ARef & impt 5s

J ADes M & Ft Dodge
tADes Plains Val 1st

1

106 % 106%

J-J

Jones

106% 108%

—

J-J

(subject to plan)

Assented

A

>10814

J-J

4lis—1971
1969
1st mortgage 4lis.—
____1969
t§ADen & R G 1st cons gold 4s—1936
§AConsol gold 4lis——
—1936
t ADenv & R G W gen 5s_—Aug 1955
& Light 1st
4%s—

ref

&

1st

James Frankl & Clear

61%

51%

111

57%

56%

56 li

101% 101 Va

101%

*._

J-D

Delaware Power

103% 106%

106% 106%

J-J

1st mtge 3s
1970
Dayton Union Ry 3%s series B—1965
Delaware & Hudson 1st & ref 4s—1943
Dayton P & L

AMet W Side

El

tChiO 4s

1945
1955
1956
1960

.

-

83

6

79

85%

46

46%

3

46

55%

J-D
M-N

*49

51%

M-S
M-N

*15

J-D

83

83

*30

*24%

J-J

*102

A-O

A-O
Q-A
Q-A
A-O
J-J

1950

M-S
A-O

1938

F-A

43%
*.~T

—

30%

—

_>

89%

__

90'

*104% 105%
107 V4 107 y4
111 %

111%

111%

71

71

*6

10

42

98

■

*102

%

53%

'

69

~7
—

-

15
1

1
--

102%

97

102

68%

95

103

105%

104

107%

109% 113
41

4%

71
9

Volume

THE COMMERCIAL

Number 4127

156

& FINANCIAL CHRONICLE

RECORD

NEW YORK BOND

Nov. 20

Week Ended

Last

Interest
Period

Exchange

Stock

York

New

or

Sale Price

v1

Bonds

Friday's

Bid & Asked

High

N*.

Low

t§ AN Y Susq & W 1st ref 5s

gtd ,4s
-1947
JgAMilw & State Line 1st 3Vis——1941
JAMinn & St Louis 5s ctfs
1934
A 1st & ref gold 4s.__
—1949
ARef & ext 50-yr 5s series A..-1962

•

.

67

ATerminal

1st

20

38

56

63

|§AN Y West

63

63

~'i

58%

68

36

29

45%

of

ACertificates
A General

4s.,

27

27Vi.

9

18

31%

37

37

Niagara Share
Norfolk Southern Ry

*

9

9%

95

6%

3

1 Vi

4%

2%

2%

16

15%

16%

453

9%

17%

16%

15%

16%

163

9%

15%

16%

114

9%

17%

5'A

5%

2

1%

1%

1

68 %

7

67

3 %

%

•

60%

Alst & ref 5s
ref

&

deposit.

of

ACertificates
Alst

*

96 Va

40%

148

30%

3 37%

38%

457

24%

19.;

,

119

34%

165

30

33%

18%

_

20

34%

21

31%

31%

gold 5'As.

AConv

A 1st

of

ACertificates

36%

~9 %

10%

21%

1,562

Morris &

Constr
Constr

Nat

V

1997
registered.^
ry & Id gold 3s—. Jan 2047
....2047
3s .registered
2047
Ref & impt 4'As series A—
Ref & 'impt 6s series B—— ....2047
Ref
impt 5s series C..... ___.2047
2047
Ref & impt 5s series D

(Minn)

34 Vi

36%

364

21%

39%
39%

~4%

1%

~4%

709

%

36%

34%

36%

283

21%

"

39'/a

24%

38%

431

36%
'

34%

13

36%

*92 Va

80 Vi
16

49

103% 103 %•

94%

42

96 Vi

48'%

54

111% 111%

20

109

109

108% 109

15

107% 112%

103%

103% 104

58

103% 106

87

112

82

119

35 '.i

43%

36%

41

35 y8

46%

33

51

31%

1

.36%

36%

38

35%

35Va

31%

31%

"

109% 109%

67%

1st gtd 4s

Orleans Term

New

62%

10
16

series B__;

5s

18

100

100 %

100% 101'A

43

99% 101 y4

104% 104 'A

1

92

92

1

4s

Alst

series

5s

118

118

118

ACertificates

Alst

of

5Vis

*74

F-A

—A:/

A-0

1954

A
of

deposit

3

.

7 4 V4

Transmission

Ref &

impt 5s series C
'Cony secured 3Vis..

J

:

3'/2s
Lake

registered...

.

Ref
1st
6s

5Vis

series A.—.

4Vis

series

13:

82

85%

75

7

105

107%

16

72

36%

57

53%

38

1

S3

53%

39

52

52%

58'/a

55%:

k

'

55

108

56%

*50

55

„

'100
99

48

i

75
70

N

Y

Connecting RR 3Vis A

N

Y

Dock

-

Conv 5%
N

Y Edison

ref mtge 3 y2s series

J-D

1st

lien

&

ref 3'As

series E

N Y & Erie—See Erie

67

Ref

1st

& 111

1st

M

N
N
.

N

Y

&

Harlem gold

78%

58

49%

Y.Lack & West 4s

series

49%

8

■V. ;

30

50 Vi

48

3.

48%

57

45%

Parmelee

49%

,■

Y L E

&

W Dk &

69

'71

152

58

52

96

.1943

Impt 5s

100 Ve

100%.

37.

93

100
100

100%

64

deb

4s—

ANon-conv

deb

3Vis

deb

3Vis

66'/e

80%

1947
•

81

\24
1

25
13

Paterson & Passaic G & E

3'/as trust

99% 101
60

66%

71

1
;•

2

.

119%

1 1 1'A 115

53 Va. -54%

32

52

59 Va

39

54 y8

60 Vi

*59'A

60

3

........

Power & Light

Penna
4 %s

debentures

.

Conv

48

Peoria

&

36

96

107'A

101

1

101

103%

109% 109%
109% 109%
88%

89

89%

24
1

39

120% 120%

11

101%

101% 101%

149

107 y4

107'A 107%

14

N

Y

N

Y Steam

Rys prior lien

For

gtd 4s
3'As:

&

4s__

89%

37

86%

96

9 6'/a

40

95% 100%

66%

95%

96%

30

95% 100'A

A-O

91%

91%

92%

157

112'/a 112y4

4

81% 92'A
110% 113'/«

A-O

Apr
-

y4

1st

M-S

gold 4'/aS series C__._.__.__1980

J-D

53

coll

Co

19

17

footnotes

see

page




1844.

76

75'A

61

63%

66%

67%,

28

55%

6 7'A

60%

42

55'A

64 %

105'/a 105%

50

59

104% 108
101% 105%

*117%

115

120

J-J

*111% 115

108

112

107% 110

109% 109%

ref

2%s.._.

mtge

59

t § A Philippine Ry
ACertificates

103%

Phillips JPetroJ

of

l%s

debs

19

39%

Series

G

40

Series

H

19

37%

Series I

23 Vi

48%

Series

40%

61

J

4s

4s

172
15

3%

103%

103

4%
103%

F-A

*106'A

J-D

93

M-N

4'As

*111'A

F-A

5

35

12'A

1%

4 'A

1%

97 % 103%

105% 106'/a
107

108

111

112

110

112%

111

*111

,_1957

24

102% 106
1%

11

4

*105

M-N

1953

guaranteed 4s____1960
1963

guaranteed

99'A 102%

5T

12

....1949

112%

—

*111

—

F-A

1964

118% 118%

5

118

121

M-N

4'As.

cons

19

34%

11%

•*2%
J-J

90% 105%
109% 112%

105'A 106

J-J

___.._1951

37
47

33

...

guaranteed

cons

102'A 102%

H%

M-N

_„1937

guaranteed gold

cons

102%

M-S

Pittsburgh Cine Chi & St Louis—
Series D 4s guaranteed..
.1945
F

111% 112

J-J

______1962

1st sf 4s
deposit.

94 y8

111%

J-D

:_..^_1971
.1949

Philip Morris Ltd deb 3s

93%

J-J

M-S

118% 118%

1

118

121 Vi

105

105%

33

104% 109
104% 108'/a

Gen

mtge 5s series A.,

...1970

J-D

8

7%

8

24

3%

9%

Gen

mtge 5s series B—...

1975

A-O

105

105'A

11

36 y4

38

164

21%

44%

Gen

4'As series C

1977

J-J

100% 100%

4

99

89%

91

68

96%

97'/4

20

95

104%

J-D

98

98

9 7'A

100'A

J-D

*98

99

90%
•7-

J-D

2

42%

J-J
J-J

47

38

M-N

1958

37

7'/a
3%
106% 107%

73%
■••■:

*12%

J-D

1967

AConv deb 6s_—

19%

36

5%

F-A

tr 4'As.——1961

Electric .1st & ref 3 'As

16

53%

59

105%

M-N

General gold 4'/as series C
1977
/ General 4'As series D__._.__„_.1981

74

143

44

*106'/4

73%

29

42%

5'A

5%

67

Series E 3'As gtd gold..

32

43'A

44

F-A
J-J

Seri is

34

M-S

J-J

B

series

37%

1965

93 Va

88

96

.1956

4s

37%

1963

6s stamp.

Corp 1st 3Vis

106% 111%

88'/a

Marquette 1st'series A 5s_._.1956

39%

A-0
M-N

94%
122

J-J

.Apr 1990

_*

19%

A-O

•

88%
119

100% 105

A-O

1947 f

Pekin Union Ry 5'/a s....1974

18'A

M-S

1993

108% 111
108% 111

A-O

4s ext_i.-__-A.__ 1960

Eastern

A Income

Peoria

20%

1992
1955

cons

102% 108'A

99% 100

105%

73

'

91

Pitts Coke & Iron cony 4'As A____1952

M-S

97

'

1st

105'A
104

101% 102 %

J-D

mtge 4'As series E
:—;—1984
deb 3%s__—..—_._...__1952

Peoples Gas L & C ref 5s_

6

1954

N Y Queens El Lt & Pow

100'/a 105'A
100

J-D

1970
...1981

General 4'As series D

104% 105%

109%

B—.——..1968

series

108'A'

103

M-N

A-O

gold 4'/as_.

30

101

F-A

5s

Debenture

102%

102

t A Harlem River & Port Chester—

N Y & Putnam

ft

105

M-N

3%'s series C_-...i..l970

mtge

10

40

....

102

102% 104'A

99%

M-N

Cons

Gen

105%

F-A

Pennsylvania RR cons gold 4s
^..1943
Consol gold 4s
—..1948
4s sterl stpd dollar___./May 1 1948

31

42'A

4s—

A

4

8

*101% 102'A

F-A

...1969
______...._1974

3'As.

33%

J-J

4s

118'A

106% 107%

101% 102%

J-J

32

—1948

1st

71
60%

118

*104'/a

A-O

4 '/as series

32

31

A General

58%

98% 100%
40

102

102%

31%
33 Va

IAN Y.Ont & West ref gold 4s_

105

103% 103%

F-A

31

M-N

55%

J-D

—_

32

J-D

37

67%

1963

4s

1952

ctfs

Gtd 4s series E trust

Secured

32

32 Mr 34'A

1957

25

100% 100%

Pennsylvania Glass Sand 3'/as.._._1960
Pa Ohio & Det 1st & ref 4%s A...1977

32

31%

—1940

68%

100 s

106%

M-S

34%

1927—.1967

100% 104 Va

M-N

64

;

100

34

6s

105

1

105

83

60'A

J-J

trust

107 lA 109%

1

104'/a 104%

J-D

D...1944

ctfs

/

100 yB

54%

M-N

4s

3

105

104 y3

J-D

Guaranteed 3%s trust ctfs C....1942

.Phelps Dodge conv 3'/aS deb.
..1952
Phlla Bait & Wash 1st gold 4s.__.1943
General 5s series B...
;.._._1974

103'/a 104'/a

J-J

Debenture

109'% 109 'A1

105

*117

fAPhila & Read C & I ref 5s.—.1973

1955

Alst & ref 4 Vis series of

95

■

116

111% 111%

1956

A

84%

M-N

M-S

■

116% 116%

1956

§ A Collateral

96%

95

106'A 109'A

5s.1949

Phila

4s

6s__

cons

'

..

Philadelphia

4s__....

deb

103'A

85

7

A-O

107% 100%

deb

AConv

99

95%

108'A 108%

1944

6s__._—'

11

deb

3Vis

deb

Trans

109% 109'/a

ANon-conv

certificates

95

55

106% 108%

ANon-conv

A Debenture

103%

*94'/a

109'A

F-A

19

M-S

...1954

99

16

M-S

A-O'

1947

ANon-conv

106% 109%

8
17

103 %

..1955

ctfs

69%
100

tN Y New Haven & Hartford RR—
ANon-conv

107% 111'A

103

debentures_1956

108'A 108%

J-J

91

110% 113%

1

J-J

—.—.1960

83

,

Vi

M-N

;

1973.

82%
37

Corp—

Pictures 4s

Pennsylvania Co—

56%

44

M-N

A—1973

110% 110%

6iy,

M-N

3%s——.—2000

107%

78% 101'A

92

112% 113

J-D

f gold 4y2s._._1955

J-D
F-A

/

1948

4 Vis series B____

s

3s loan

f gold

s

Paramount

1st &

gold 5s

Purchase money gold 4s——1949

% 112'A

103 Va 103'/a

.....1966

3'As series C

mtge

Paducah

79%

63%

RR

N Y Gas El Lt H & Pow

*90

112%

A-O

A-O

.1966

109

109 3'a 109'A

series B____1966

Pacific Tel & Tel 3'As

59%

-

51

99%

108%

99'A

.

J-J

1938

§A2d ext gold 5s—

70

63%

A-0

105% 108'A

F-A

§APac RR of Mo 1st ext gold 4s._1938

49

79 v

A-O

103

102 Va 105'A

J-D

1st & ref mtge 3s series

.'.144

62

1947

•

110'A

102% 105
100 A

100%.

J-D

1966
J__.____1970
1st & ref M 3s series K__.______1971

1st &

46

99%

3Vis series D„1965

notes

99%

J-D

248

76%

■

J-J

J-D

General

53%

49%

64

107

6

*105%

J-D

99%

99%

F-A

107% 110'A

107% 110

.2

*105%

J-J

gold 5s.....^1946

1st

59%

15

49

A-0

——

100 >A

J-D

El 4s series G____._1964

Co

.54%

62%

1951

gold 4s

110'A

.

*103% 105

M-N

ref mtge 3%s series H....1961

Coast
Gas &

fc

93

76%;

—.1965

1st

110%

5

107% 108

19

42

43%

75%

48

50%

108% 108%
110

99%

75

70V's

.

52%

52%

108%

109'A 112%

345

:

,49%

52%. 54
.64
' 66%

64 Vi

107%

F-A

sinking fund 4'/as......__.1960
General 4'/2s series A_.._...A,i.l965

112

52%

98 Vi

53

M-S
J-J

104

:

51 //
:

12%

106% 108%

50%

38

37

51

56%

"""■

52

50%

48%

107

3

53

24 :

52%

51

99 V

46

M-N

62

56

40%

:

51%

51%

52

41

9%

M-S

12

43%

37%

26

53%

51%

53

52

:

10%

106% 107%

J-J

107%

47%

34%

"

J-D

1950

109% 111%

102% 102 »/a

107

83%

5

54

83

46%

i

34

81

A-0

1947

1
■A v,

111% 111%

*101%

105% 1077/a

5

M-S"

..——^1978

111%

J-J

109 % 110%

77 Vi

74%

A-0

.—1974

...

C

17

109'A 109%

1st

mtge 3Vis extended to
debentures.—.
...

110%

110% 110'A

107

Pere

Ref

59%

108

55'A

J-J

York Chicago & St Louis—

New

59%

55%

Oregon-Wash RR & Nav 4s—;.___1961
Otis Steel 1st mtge 4'/2s ser A....1962

107% 110 V*

1

85%

J-J
F-A
F-A
F-A
F-A

coll gold 3'/is

48
48

>A

53%

110

~5'

107% 107%

J-J

1998
..1998
3Vis registered—...—.—1998
3 Vis

Mich Cent

11

60

54

J-J

Paramount Broadway

76 V

46%

F-A

.1952
—.1997
..1997
—1998

& Hud River 3 Vis
registered
—;
Shore coll gold 3Vis

N Y Cent

70%

_.___1946

Guaranteed stpd cons 5s

120'/a 124%
75

85%

A-O
A-0
A-O
M-N

2013

.

54'A

57%

54'A

M-S

Oregon RR & Nav con gold 4s_._^1946
Ore Short Line 1st cons gold 5s_._1946

Gen

impt 4Vis series A_...—2013

43

4 4'A

54%

110'A

5s___.__1945

1st

Panhandle East P L 3s B

107% 107%

107%

J-J

1946

10-year 3%s sec s f_,
Ref &

38
51

51

67%

F-A

F 1st gtd 5s_..—1943

117 '/a 120 Vi

:

76

—

Newport & Cincinnati Bridge CoGeneral gtd 4 Vis
.1945
N Y Central RR 4s series A
.1998

78

426

42

49

J-D

3

109

...

deposit

*41%

64%

..1946

Ontario

76

56 Vi

77

109

—_v

•

1956

of

series

ACertificates

F-A

1

deposit

series D

4Vis

45%

49%

J-D

-17

--

124% 124%
109

56

8

15

*41

A-O

1956

C

ACertificates
Alst

73%

39

93

117'A 119y2

deposit

of

ACertificates

42%

66

3%s—..1..1966

debentures.
Power N

103 Va

90

*118

i>

•;

66

116

72

J-J

1967
_______—1972

mtge 4s———:

mtge 3%s_.—
Oklahoma Gas & Elec

102% 104 y4

A-0
V

..1954

—

ext—

1st

Guaranteed

Alst

68

O

103'A 105%

102 Vi 103

A-0
J-D
J-J

t§AN O Tex & Mex n-c inc 5s
1935
ACertificates of deposit—.—

'

'

Q-A

27%

82

J-J

tIAOg & L Cham 1st gtd gold 4s_1948
Ohio Connecting Ry 1st 4s_.-..___1943
Ohio Edison 1st mtge 4s_____.__—1965

70

68%

105 Vi 105 Vi

102 %

F-A
A-0
J-J
J-J

1955
1953

B

series

75%

40%

1964

Teleg 4'As

Pacific

105%

J-D
M-N

5s series A..1952

Ser 1st

107'A

54%

*70%
42

1944

1st mtge 3'As.

Pacific

72%

Pub

114

99

111% 112%

73

ref 5s

119

112

__

106% 109%

3

>112% 116

71

Orl

119

42%

87

72%

1st &

100% 103%

120

J-J

1st & ref mtge 3'As. __:_1967

(Wise)

89

87

J-J

New

100% 104

Power Co—

States

Northwestern

98% 104

1

111%

J-J

•

124% 128%

9
10

J-J

38%

21

34%

36%

M-N

1st 41/28—.—I960
New Orleans Great Nor 5s A_—1983
N O & N E 1st ref & imp 4 Vis——1952

28

27%

Q-J

39%

24'/a

A-0

& Light

74%

5 %

J-D

Pow

126%

74%

74%,

..

Q-F

lien

38%

JANew England RR gtd 5s....—1945
AConsol gtd 4S....W—v———1945

J

30%

..

—

4s

Gen

39%

tANaugatuck RR 1st gold 4s_—i._1954
Newark Consol Gas cons 5s—
1948

N

38 Va

23%

*30'/8

•'

M-S

England Tel & Tel 5s A__—.^1952
1st gtd 4'As series B...__—.^..1961
N J Junction RR gtd 1st 4s_
—1986

36

Q-J

Pacific prior lien 4s. ....1997

Northern

23%

M-S

New

69 %

21%

*—

2iy«

F-A

3Vis sinking fund debentures—..1949
National Steel 1st mtge 3s__—;_„196b

57
160

A-0

6

J-D

Prod 3Vis debs..
-..I960
Distillers Prod 3Vis.——-,—1949

74'/a
36%

*107'/a

736

M-N

St L 4s series A—.1978

Chatt &

72

A-0

36%

J-D

Dairy

101% 104

35%

guaranteed gpld 5s
1945
Alst mtge gold 5s (stamped can¬
cellation of guarantee)
1945
ACertificates of deposit
J.

1st

Nat

109% 111'A

Ohio Ry—

Alst

36%

N
Nash

74 %

*112

25%

J-D
M-N
M-N

gtd 5s_______1947

Fuel Gas 1st

Mutual

2

M-S

4y2s series A

ref

&

36%

J-J

T 3%s__._.-1963

Mountain States T &

"l

.1974

Gen

^Northern

11%

A-0
J-D

—1951
Essex 1st gtd 3 Vis——2000
M 5s series A——.1955
M 4'/2s series B__.
1955

93'A
10 Va

108% 109 %

novi novi

103% 103'/a

*118

39

A-0

ext

5s

Tramways

*109% 109%

M-S

Ontario

ref 3%s—i_1966

1st &

Power

Montreal

15%

110%

3%

'

.1974

& ref 5s

Central gen

North

1st

Montana

'

108

258

9

102% 103

34%

M-N
M-S
F-A

1938
Moh'k & Malone 1st gtd gold 4s___1991
Monongahela Ry 3'As series B__..1966
Monongahela W Penn Pub Serv—
1st mtge 4'As__——.....I960
6s
debentures
1965

•

8%

103'/a 103'/a

*§ A Missouri Pacific Ry—
3rd 7s extended at 4% —July

8%

126

34%

—

.

2

102%

mtge 5s conv inc.:

Northern

36%

F-A

I_—.

75 v*

103 y2

39%

'.1%

155

—

...1981
deposit....-..—

ref 5s series

&

2

110% 110%

..

86%

126

23 %

25%

34%

10%

M-N
A-O

-1949

.

ACertificates

,

9%

F-A

37%

.7 Vi

94

20

36%

M-N

ref gold 5s series H——1980
of deposit

Alst &

18%

43

F-A
O-A
F-A

"

—

.

38

14

42

—

deposit

of

High

29

12%

J-J
A-0

44%

34%

>

M-S
M-S

1978

series G

5s

ACertificates

40

17%

1998
..2014

100

1

41%

100

—

;

Low

86
.

M-S
A-O
M-N

t§ANorfolk Southern

68%

383A

F-A

1965

January I

No.

Co—

series A—'

mtge 4%s

A Gen

•

6 Vi

2%

•'

39%

100.

J-J

—-1975
series F—__
.1977

Range Since

Sold

17

16 Mi'

35 Vi

RR 5s A
,1961
Norfolk & Western Ry 1st gold 4s_1996
North Amer Co deb 3'/aS—.....—1949
Debenture 3%s
1954

1st

9%

121

9%

:

2%

^—..1966

Pow 1st 5s A...1955
(Md) deb 5y2s_
1950

.

deposit-.

Bonds

11%

11%

J-J
J-J

...

tMissouri Pacific RR Co—
Alst & ref 5s series A—

High

34

iij-N

Niag Lack & 0.nt

2%

J-J
A-0

5s series A—Jan 1967

1943

Niagara Falls Power 3!is

38

.

J-J
.

gold 5s.»_

37%

J-J A

40-year 4s series B___
—..1962
Prior lien 4Vis series D-____—1978

Friday's

*12%

F-A
F-A

,...1940

63

J-J
J-D

..1959
Mo Kansas & Texas 1st 4s—,——.1990
Missouri-Kansas-Texas RR—
Prior lien 5s series A__
.—1962

or

Sale Price Bid & Asked

J-J

...1937

3 'As series B—
1967
Bost 1st 4Vis-+.._1946

Y Telephone

N

104% 107

M-S

Alst & ref 5 Vis series B__—1978

adjust

53

J-J

t AMissouri-Illinois RR Jst 5s

A Cum

58%

1

1949

5%s__—

§AGeneral

Q-F

1946

& ref 6s series A

97 %

106 '/a 106 %

J-J
J-J
J-J

25-year

9 3'A

1

Marie
§ A 1st cons 4s stamped—_______ 1938
g A 1st consol 5s———.
..,.1938
§ A 1st stamped 5s gtd as to int__1938
A

98

1937

4%s
gold 5s

gold

38

fMinn St Paul & Sault Ste

A 1st

§A2d

*54

M-S
J-J
M-N
M-S

.

73%

;

J-D
J-D

t AMilw Spar & N W 1st

■

__

69

*57Vi

M-N
J-J
M-S
A-0

88

*97 Vi

M-S

&

Period

Low

*70

Sag 3 'As——1951

Lans

gold

Week's Range

Last

Interest

SO

.

3'As.
..1952
Ref & impt 4'As series C
1979
Michigan Consol Gas 4s__________1963
t§ A Midland of N J 1st ext 5s—...1940
1§ AMilw & Northern 1st ext 4'/aS—3939
AgConsol ext 4'As—
_1939
1st

Friday

Exchange

High

Michigan CentralJack

Stock

Ended Nov.

Week

1

January

York

New

Range Since

Sold

Low
,

BONDS

Week's Range

Friday

BONDS

1843

'

7 "'

6%
2

•42 Vi

■

43

2%

18

42%

4

*106

1%
39

8%
2%
48%

107

Steel

1st

mtge 4'As

1st mtge 4'As series B_____
Pitts Va

&

Char

1st 4s

1950

.1950

gtd.__.__-_1943

-

20

1st mtge 4'As

series B

.~.1959

A-O

56%

56'A

103

1st mtge 4%S series C

..I960

A-O

56 Va

56 y8

56 '/a

107%

Pitts

&

W Va

1st 4'As series A____1958

6

96

M-N

104 Va 108

-

106% 106%

Pitts

57%
56'A

109% 111'A

*110%
106%

4%

56%

J-D

103

99

55

64'/a

24

1

55 %

64 %

4

55'A

64%

Monday, November 23, 1942

THE COMMERCIAL & FINANCIAL CHRONICLE

1844

Friday

BONDS

Interest
Period

Exchange

Stock

York

New

Week Ended Nov. 20

Last

1st

5s series B_

gen

1st

gen

C

series

5s

1977
Portland Gen Elec 1st 4%s
1960
1st 5s extended to
1950
Potomac El Pwr 1st M 3'As—.—1966
1st mortgage 3%s_
1977
Pressed Steel Car deb 5s
'
1951
4%s series D

1st

Low

No.

Friday
Interest

Exchange

Week Ended Nov.

Period

20

120

Gen

ref

&

1st

gold 5s

series

2000

63

89

88

78%

II

—

—

107% 108 %

96

95

86%

.

5s

series

C

...1979

series

D

.—1980

J-D

5s

B—

Ave

1964

1st ref 4s

Ry

i a Providence Terminal

4s
Publ.c Service El & Gas 3'As

'

& ref mtge 3s
&

ref mtge 5s

Tol

8'/4

St

Louis &
Ham

108% 110%

Trenton

Gas

105% 106'A

*noy8

1st

&

ref

mtge 8s
of Nor 111 3'As

1968

1948

Tri-Cont Corp

80

110% 1107/a

46

67%

1997

J-J

78

76 %

78%

59

73%

J-J

77%

76%

77%

32

73

1956

J-J

102'A 102 %

1

3'As

Remington Rand deb

ARio Grande

i§ARio

1st

June

Grande West

A 1st

gtd 5s

M-N

Gen

105

105

105%

26

100% 104%

40

102 '/a 102%

98

*991/2101
*60%

J-D

100%

39

61%

67

28 %

22

64

12

1977

M-S

1967

M-S

*110

109

.1967

M-S

*110

1969
__1934

mtge

3'As series J_;
t§AR I Ark & Louis 1st 4'As

&

M-S

*116

M-S

*108% 110

*105% 106

t A Rut-Canadian 4s stpd

1949
1941

*§ARutland RR 4'As stamped

19%

85

20

10%

1st

gold 5s—1949

A-O
F-A
J-J

4%

4

9%

9%

4

5%

land

&

1959

..—1967

;—_——1947

grant 4s

•

1.125s

-

2.05s

-

J-J

107

1996

J-J

*50

55'A

1996

A-O

*—

*8

2d
St

1st

4s

gold 5s__.__

gold 6s

...

Louis Iron

2.15s

—

108

10

2.35s

Certificates

of

M-N

1933

J-J
A-O
M-N
J-D
A-O
A-O
M-S

99% 103

26

96

108% 109%

84

96%

96%

14

96%

96%

8

96%

105

105

106% 106%

91

90

97

97%

>103%

M-S

& P 5s stpd

1955

J-J

tASt L-San Fr pr lien 4s A

1950

J-J

1950

J-J

A Certificates

Prior lien

of

ACertificates
A Cons

deposit..:.

5s series
of

B

deposit
1978

deposit stpd

M-S

._

bond

4s

A 1st

A 2d

4s inc

1989

ctfs

AGen & ref

J-J

1952

1990

J-J

Paul E Gr Trk

fASt

t§ASt P & K
St
S

Paul
A

gold 4s_1968

cons

1st 4'As

C Sh L

IOOVb 100 Va
100% 100'A

*997/a
*101

100

101%

101'%
102

*101'A 103

100

103

M-N

*101%

May 1 1954

M-N

——

*101

—

.

100% 102

—

100% 101'%

1947

Union Depot 3'/es B
1971
1st gtd gold 4s____1943

Scioto

V & N

E

77%

Utah

6s

ACertificates

A-O
F-A

1959

A-O

Union

Shell

A

1945

M-S

deposit-—....

75

17

55

16%

17%

11

21%

19%

19%

20%

232

11%

25'/a

18%

19%

2

11%

24%

Va

1st gold 5s„1949

M-S

207/a

20'/a

21%

534

11%

23%

F-A

20

20%

176

12%

22%

Virginia Pub Serv 1st mtge 3%s__1972
Va & Southwest 1st gtd 5s
2003
1st cons 5s
1958

2'As

'

10%

338
19

.

85,
75%

22%

Cons

84%

76

55

85%

85%

31

75%

23

57

29

31

56%

29

31

70

15%

38 'A

*51/2
15

16

*103%

6'A

2%

16

6%

7%

69

17%

99'A 101

6

32

101% 104%
123% 125

23%

22%

24

351

3%

4

14

6

14

10'/a

12%

331

4%

13

11%

137

4

12%

14%

12%

14%

657

5%

15%

11%
30

216

13%
30

5%

5

F-A

15

}|

12%

15%

F-A

15ft

12%

15%

89

98%

15

1,142

1935

43

100

*35

A-O

debentures

1950

gtd 5s

Power

6s

95%

1

98%

97% 100
29

39

105%

12

100'/a 103%
99% 103

105% 106%

21

104% 106%

*123

A-O

1962

A-O

107% 107%

j.j

105% 106

1947

J-J

103

A.

15%

14

,..1963

3'As

15%

102% 102%

1979

Tel

debentures—

Southern Colo

J-J

33

4

102% 102%

102%

F-A

1964

Socony-Vacuum Oil 3s debs

3s

F-A

debentures 4s______1952

14%

3%

39

Simmons

&

5

10%

98

Bell Tel

26%

1

10%

100

& Nor Ala RR

25

12'A

M-S

123

■

—

123

2

(Cent
4s

Pac

24

103% 106%

J-D

70

11.1977

M-~S

54%

Aug 1949

registered
A

3

103

102

105%

Pac RR

&

Mem

Div

ref

52

51%

53%

163

46%

57

52

50%

53

278

46%

56%

50%

49%

52%

307

46%

56%

J-J

91'A

90%

92

160

80%

A-O

84%

84%

86%

13

82

89

1955

J-J

69'A

69

70%

127

61%

72

1994

J-J

92'A

91%

92%

88

93%

1956

A-O

70%

70%

71

a-o

90

90

90%

A-O

94%

5s

6s

gen

6'As

1st

.1956

gold 5s

Bell

Tel

series

1951

3'As B

...

94%

95

j-j

1996

1st gold 4s

3s

mtge 4s inc series A

AGen

mtge inc 4%s ser

AGen

tAWabash Ry ref & gen 5%s A—1975
A Ref

*81%

83

J-J

87.%

87%

76

117

60%

72%

50

78%

91%

83

3

84%

79%

-

96%

78%

57
—

91

1964

J-D

111%

111% 111%

3

109% 112%

J-J

106%

106% 107

9

104% 107%

41

25

ASpokane Internat 1st gold 4'As„2013

Apr

—.1966

F-A

——1961

J-D

debenture

1953

1945

J-J

Superior Oil 3'As debs

1956

M~N

Swift & Co 2%s debs

1961

40%

33%: 41%

T02'A 102%
104% 105%

23

103

13

6s

debentures

6s

called

A

& RR gen

5s

cons

17

_.

.1951

5s_—. .1944

f gold 4s

Ref & impt mtge 3%s series B_. 1974
Texarkana & Ft Smith 5'As A...
1950
Texas Company 3s deb
1959

Texas

debentures—
& N O

com

,

gold

5s.IZ__II!




65%

4

75

76

105% 109%

27

108%

1948

A

Deposit

deb

1941

6s

receipts——

Warren RR

1st ref gtd

gold 3%s„2000

Washington Central Ry 1st 4s_.—1948

1945
1945

guaranteed 4s__

Westchester Ltg
Gen

West

1950
r_1967

5s stpd gtd

mtge 3'As

Penn Power

1st

—;—

.....1963

1st 5s E

1966

mtge 3%s series I—

Western
1st

&

Maryland
ref

75

84 %

42%

45

209

33%

50

Apr

33%

34%

458

28%

39%

M-S
F-A
A-O
A-O

28%

27%

28%

7

24

27

27

1

24

27%

26%

26%

3

22%

26%

22 %

27%

A-O

94

1952

1st 4s

5%s series A...—.1977

83%

83%

*26%

—

28'A

94%

87

102

11

94%

83
99

93%

95

102'%

100%

100%

A-O
M-S

102

M-S

106

105'A 106

21

81

105

105

107

46

95% 107

101

100%

...—

Washington Term 1st gtd 3%s
1st 40-year

122

45

34%

........—,—1948

Co

Bros

84%

Apr

J-J

F-A
Q-M
F-A
F-A

31%

102

1

100% 100%

31%

31

69
—

"

40

69%

4

32%

*86'A
*103%

106

86

103% 105'A

.

*104

106

J-D
J-D

119

119

109

109'A

45

107% 110

M-S

106% 106%

6

106% 110

J-J

111% 112

5

110

84

A-O

118% 121%

1

86%

87%

95%

86%

J-J

98

95%

7

93

2

101

112

91'/a
102

1943

West N Y & Pa gen gold 4s

JAWestern Pacific

1st

5s ser A—1946

assented

1946

—,

1950
25-year gold 5s
1951
30-year 5s_—
—1960
Westinghouse El & Mfg 2'/8s_—
1951
West Shore 1st 4s guaranteed
2361
Registered
.2361
gold 4'As

Western Union Teleg

A-O
M-S
M-S

101

101

104'A

36%

35

36%

63

20%

38%

36%

34%

36%

134

20%

38%

M-N
J-D

85

84%

85

37

86%

86%

37

M-S

83

82%

83%

62

101% 101'A

31

85

79
81

88

77%

,

85%

103%

:—1954
1949
Wheeling Steel 1st 3'As series B„_ 1966

West Va Pulp & Paper

37

100% 103'A

13

101% 103%

.

100% 102%

Wilson & Co 1st M 4s A
Conv

deb

100

119% 119%

6

119

105% 105%

1

105% 108%

J-J

111

111

1

109

111

J-J

103

103

1

101

104

89

24

F-A

88%

1943

J-J

88%

104% 105%

A-O
...

1st 4s

—1955
1947 j
1960

1949

} A Wisconsin Central 1st 4s
ACertificates of deposit

'A

—

§ASu & Du div & term 1st 4s—1936
ACertificates of deposit

M-N

Public Service 3%s

.1968
1971

1st 4%s

1943

Wisconsin

JAWor & Conn East

48

37%

50

43

14

37%

47%

103

1

*109%
92%

.

102% 105

'

110% 114

—

92%

93

36

90%

95

105% 105%

15

104% 106%

102'A 102%

1

100% 103'/a

*115

49%

487/a

114

116%
50

61

48

47

48

7

15

14%

16

124

A-O
J-J

Wisconsin Elec Power 3%s__.

46

103

J-J
A-O
J-J

J-J

100% 101%

43%
42

44

*13%

—

115

37

55

37%

51
35

9

34

9

14%

*110% 111%

108% 110%

*107

105

108 V*

12

12%

101

102%

*12%

J-J

20

108%

F-A

M-N

3%

Winston-Salem S B

J-D
M-S
M-S

101

105%

J-J

1965

3s_.

M-N
J-J
J-J

101% 110

103'A 103%

*100 332

.1953

3s

.

——^

Warren

Youngstown Sheet & Tube—

5

^ 105% 105%

78

*100

102

—

85

122

92%

104% 106%
104

106

99% 101%

—1948

not

M-N

f 3%s series D_.

Deferred
in

M-S

1960

Conv deb 4s

a

s

..1955
1955

Warner Bros Pict 6s debs

included

Gen. refund

series D—

Walworth Co 1st mtge 4s.

1st mtge s

Terminal Assn St L 1st

108

103% 105%

101% 101%

102% 102%

M-N

101%

15

104% 104%

105%

J-J

Studebaker Corp conv deb 6s
6s
(called bonds)

Tenn Coal Iron

1976
1978
1980

5s series B

gen

ARef & gen 4'As series C

Wheeling & Lake Erie RR 4s

1968

C

Oil of Calif 2%s debs
Standard Oil N J deb 3s_

108%

94

93%

Stand

2%

58

1955

gen

Southwestern
&

68

49%

m-N

1st ref gtd 4s

St Louis Div

1st

55%

M-N

—1950

Southern Ry 1st cons gold
Devel & gen 4s series A

Devel

50

225

70

53%

72%

M-S

...1946

Fran Term 1st 4s

&

50%

198i

10-year secured 33As

Devel

253

^968

Gold 4As——

South

70%

,.1969

—

Gold 4'As

San

*64%

..1949

1st 4'As (Oregon Lines)
Gold 4'As__—

67

1971
1981
B_—.—1991

series A

1st mtge 4s

A 5s

coll)

75

M-S

90

106% 108%

>

Southern Pacific Co—
4s

78

69

92

102% 103%
,

W

101% 103%

—

100

23

4

*11

109% ill'A

*2

78

Wabash RR Co—

*123% 124%

23%

78

II

J-J
a-o
,

|

*77

J-J

South

.1966

j

J-J

Sourh

—

*111'A 111%

76%

50

..1954

Skelly Oil 3s

...

*108%

M-S

Pwr 3%s series B

Coal & Coke

Iron

F-A
M-N

1968

f 4s series B

Elec &

>

74

23/4s sinking fund debentures
1961
t§ASilesian-Am Corp coll tr 7s__._1941
Co

s

*108%

—1957

series A—1955

Vandalia RR cons g 4s
Va

49%

1935

debs

102

.75

18%

13%

...1933

certificates..

Oil

93% 1017%

17

11'A

deposit

t§AAtl & Birm 1st gtd 4s
series B

93

64

72

ARef & gen 5s

f ASeaboard All Fla 6s A ctfs
A 6s

32

97%

17%

A-O

1950

of

98%

97%

75

M-N

series

97

97%

77%

100

of

97%

F-A

95%

103% 103%

§ a Refunding 4s_.
cons

A-O

46

100

Oct 1949

97%

1944

ref 5s

79

A-O

...1950

91

1

95

1st 5s__—.1944

& Light

Power

69'A

103%

4s unstamped

ACertificates

100% 103%

95

A-O

33

J-J

stamped
Adjustment 5s

A 1st

100% 101%

7

M-S

8 A4s gold
A

2

3

1951

1st &

Utah Lt & Trac

JSeaboard Air Line Ry—
§ Alst gold

101% 101%

10;% 101%

33

gtd 4s________1989

1st

M-N
M-N

73%

73%

^1952

f deb

s

-

43

J-J

F-A

Ar Pass

&

Schenley Distillers 4s

1 1954

May 1 1955

Nov

2.65s

60

100%

M-N

1 1953

—

-

101'%
101

*101%

Nov

—

101 %

100

100

'

100

92%

J-D

1941

gtd 4'As

97'%
105

100

41%

_

J-J

gold 5s series A

St Paul & Duluth 1st

M-N

Nov 1989

104

..

*997/a

-May

Virginian Ry 3%s series A__

certificates

bond

91

69

90%

79
.

.

*101

1 1952
1 1953

—Nov

...

2.60s

107%

JSt Louis-Southwestern Ry—

5 A 1st term & unifying 5s

103% 107

*101

92

42

„

M 4'As series A

ACertificates of

67%

90

99

3

100

20%

J-J

A

75

99

95%

102 % 106

26

91

97%

95%

33

105%
•

106%

108% 111

*101

17%

1948

1st mtge 5s

St L Rocky Mt

55

101

*101

25

deposit—
1959

Pub Serv

L

73%

74
•

J A St L Peor & N W 1st gtd 5s
St

106

5

107

11'A

17

M-N
M-N
M-N

May 1 1952

-

2.55s

Southern—

&

Mtn

111%

6

12

M-N

1 1950

Nov

United Stockyards 4%s w w__

AgRiv & G Div 1st gold 4s
A

A-O

106'%

102% 102%

62

Jos

105

--

100% 101

M-N
M-N
M-N
M-N

1 1949
May 1 1950

2.20s

91% 100

20

99% 100%

1947

St

9 2'A

99% 101'%

*111% 111%

102%

M-3

Nov

-

2.50s

1966

.

May 1 1949

-

2.10s

J
& Grand Island

.

...May 1 1943
Nov 1 1943

1.00s

2.45s

Saguenay Pwr Ltd 1st M 4'As

•

.—1944

RR & Canal gen 4s_

2.40s

St Lawr & Adir 1st

•

..

Serial debentures

9%

8%

5s

debentures.:—.—

21%

8%

J-J
J-J

90%

81%

124

Elec

1945

106% 108%

20

80%

4

92

101

United States Steel Corp—

129'A

M-S

12

98% 101'A

1

85%

92

*100

M-N

109% 110

3'As series I

6

85%

J-D

1971

109'A

A-O

294

A-O

J-J

U N J

63

39

„

59%
27

eilA

62'A
22'%

47%

72

21%

J-D

1970
35-year 3'As deb—.
—1971
Ref mtge 3%s series A
—.1980
United Biscuit 3%s debs————1955
United Cigar^-Whelan Stores 5s_;_—1952
United Drug Co (Del) 5s—-^—_1953

104% 106'A

J-J

61%

gold 4s._1946

1953

1st

100% 104%

1949

Gen mtge 3%s series H_

mtge

51

102%

61

70%

102% 104%

11

20%

4s__vl—„ 1950

34-year 3'As deb

33%

Roch Gas & El 4'As series D...

Gen

1021/4

M-N
M-N

69

tJnion Pacific RR—

97% 103%

102

1939

& coll trust 4s A

cons

86

102'/a

1939

1st gold 4s

86

F-A

Republic Steel Corp 4'As series B.^1961
Purchase money 1st M conv 5'As 1954
Gen mtge 4'As series C
1956
Revere Copper & Brass 3'As
1960

69%

58'A

1st

5s conv deb A

3s

82

85'A

57 Va

36

U

82%

1997

85%

58%

45

67%

1st

105

Gen & ref 4'As series B

A-O

78

67'/a

Buff

108% 1107/a
103

Gen & ref 4'As series A

1951

98% 102%

221%

R
Reading Co Jersey Cent coll 4s

High

14

West

&

t§AUnion Elec Ry (Chic)
Union Oil of Calif 3s deb

216

104% 105

J-J

High

101% 101%
65
67%

143% 144%

—

*219% 225
110%

A-O

Purity Bakeries s f deb 5s—

Public Service

11

106

106

*144'/8

Low

No.

100% 100%

61

21%

Union Electric Co of Mo 3%s

1st

1st

Sold

103% 104

J-J

A-O
J-J

_Jan 1960
1943

Range Since
January 1

Bonds

96

Toronto

«0

*83%

J-J
M-N
J-J
J-D

,,—1968
1972
2037
2037

3

7'A

*7'/s

M-N
M-S

Friday's

65

66

M-S

1960

AAdj income 5s_:
4.
§ A Third Ave RR 1st 5s ext

Tol & Ohio Cent ref & impt 3%s—1960

1957 '
1956

tAProvidence Securities 4s_.__

or

66%

A-O

5s

Third

105% 107"%

*108%

ref
ref

66%

A-O

&
&

Tex Pac Mo Pac Ter 5%s A

89

*106%

1977

Gen

—

101%

J-D

Gen

88%

Week's Range

Low

Texas & Pacific

108

119

*99%

Last

Sale Price Bid & Asked

High

107

*118

M-S
J-J
J-J
F-A
J-J

,

January 1

109

Stock

New York

Range Since

Sold

High

*108

J-D
F-A
J-D
J-D

A—1948
1962
—1974

Bonds

Friday's

or

Low

& Ash 1st 4s ser

Young

Pitts

BONDS

Week's Range

Sale Price Bid & Asked

delivery

the year's

sale

range,

101%

101% 101%
99

99%

,

4

37

.,15

98% 100%

not included in the year's range, d Ex-interest, e Odd-lot sale
n Under-the-rule sale not included in the year's range,
r Cash

not
sal#

included in the year's range.

§ Negotiability

tThe price represented is the dollar quotation per
Accrued interest payable at the exchange rate of $4.8484.

impaired by maturity.

pound unit of bonds,

^Companies reported as being in
the Bankruptcy Act, or

bankruptcy, receivership, or reorganized under

securities assumed by such companies.
No sales transacted during current

•Friday's bid and asked price.
A Bonds selling flat.

week.

200-

Section 77 of

Volume

1845

THE COMMERCIAL & FINANCIAL CHRONICLE

Number 4127

156

NEW YORK CURB EXCHANGE
WEEKLY
In

STOCKi
New

list

Aero

Supply Mfg class A
B

Class

Aircraft

Investors

Air

Alabama

Great

$7 preferred

Investment

Alliance

—:

$3 conv pfd
(Mich)

Products

Allied

A

Class

common—;

conv

preferred
Goods

Aluminum

Mfg

:

American

Box

class

Common

Cities

American

Sep

22%

Nov

Class

20

200

22%

May

23%

Nov

7%

American

Gas

Hoe

Sep

50

90 Vz

Jan

4%

200

Jan

4%

Hard

%

Nov

14

12%

14

13%

13

13%

Preferred

Potash

American

fir *im

%

%

class

Nov

13 Va

Apr

7,400

97 %

400

3%

900

1% May
24% May

31

Nov

20%

20%

21 Va

300

18% Mar

22

Apr

1374

13

13%

2,700

7 Va Mar

13%

Nov

26

26

Apr
18% Mar

26 %

79%

85

%

Feb

39

May

5%

800

4%

2%

100

Va

A

8,500

55%

450

"2%

6%

2%

2*%

"2% "2%

Class

B

32

Apr

7%

J an

Atlantic

Coast Line

Atlantic

Rayon

Atlas Corp

Nov

Capital

Nov

Carman

Jun

300

2

700

1%

1 %

100

8%

9

400

8%

99%

1%

390

1%

98

98%

•

1%
9

91%

Atlas Drop
Atlas

Forge

Plywood

—1

4%

4%

;;

Patoka

Ayrshire

Carolina Power & Light
$6

Carrier

Corp

Carter

Nov

Co

Jan

Catalin

Corp

Hudson

"

32

Casco

7%

Feb

Central

Jun

6

Nov

Central Maine

13

Nov

Central

New

Jan

4%

Jan

Central

Ohio

4

Va

Sep

Jan

200

300

Stainless

Barium

Barlow

&

$1.20

2,900

6%

100

16%

700

2%

2%

1,200

1%

109%

.

Basic Refractories

Baumann—See

Beech

Aircraft

Bellanca

Bell Tel
Benson

Aircraft

19 Va

&

Hedges

1%

2%

Feb

3%

Sep

15%

15%

34

36

4%

193/4

29 Va

50

13

19

4

200

4%

20%

Apr

3%

2,100

29%

350

18

1,100

3
29

1'

r
,

4

Blue

Jun

$3

optional
For

i

wmwk




Nov

Apr

% Mar
174

Jan

% Aug

ft July
3%

Feb

1% July
2

Apr

19

Oct

777/a

Jun

777/a

Jun

1574
3 74

3 7s

Jan

21

2%

Jan

100

378

Mar

2'/b Mar

JUly

3%

Nov

2% Aug

\

5%

Sep

com.,.*
_

___1
•

Controller

Jan

i

•

35%
-

Jan
Jan

Feb

X4%

Oct

j

Clinchfield

Coal

Club

Utensil

Aluminum

8%

Feb

1

Columbia

j

Columbia

Oil

6% May

1174

Oct

20

Cockshutt

1%

Jun

4%

700

10 3/4

11

1

74
38%

1174

38 Va

39%

1,700

100

274

1,000

6 74

6%

Jan

42

R '/•

111%

Apr

103%

Feb

83/a

Oct

Mar

67a

Nov

Jan

67a

Sep

600

6

4%

274 May
5% Oct
90

Jan
Jan

Apr

374

Jan

73/4

Jan

10474

Nov
Jan

Jan

8

Jan

107

72% May

20

83

85

85% May

82%

7

• %

%

200

10%

9%

10%

4 Vz

4%

A
8

2,800

"4%

200

Jan

Va

Feb

Jun

13

Jan

Apr

274 Mar

33/4

Sep

3%

Jan

474

Jan

6% May

*

*
*
—10

Plow

Development

Co__

common.

10 3/4

Jan

7074

Apr

83

Jan

47

Apr

64%

Nov

x4% Feb

Jan

6

Colt's

Fire

Patent

&

•
—•

Community

25
preferred.lOQ
1
Southern warrants—

&

25
1

Public Service

Jun

;

Jun

36

Compo Shoe Machinery—
V t c extended to 1946

Sep

■

Jan

1

Conn

Sep

8

Jan

5

Jan

Jun

Apr
A tu¬

16%

ft Feb

1%

Nov

1

Jan

Mar

474

Jan

28%

Sep

52,

Jan

40

Apr

82%

Jan

76

30

40

Apr

825/a

Jan

Jun

47a

'

■

1

40

Nov

2% .Apr

mm

...

37a

400

4%

4

--

6

July

11

Nov

■

.

—

-

%

-.

-

■'•H—

15

Mar

%

Feb

%

Apr
Nov

5

Mar

Sep

35

Jan

1,700

'

'

325

27

26

26

'

Jan

6% Mar

43/4

%

ft
mmi

21

'53/4

900

4% Sep

674

574

53A

100

3%

7

Sep

1%

1%

100

1%

Nov

5

"53/4

Gas &

1%
-j.

Jan

Apr

Coke Secur common

1
*

*

Telephone & Electric

Consolidated

Biscuit

Consol G E L P Bait
4 % %

;

4%

Co
common

series B preferred

preferred series C

Consolidated

Gas

Corp

Utilities

1
1
•

100
100
1

% Mar
3%

U,

—

— ««

•

'

Jan

474 Aug

674 May

-

7%

Apr

74 Mar

23/4

Nov

'

2

334

3%

3%

1%

...

600

58%

60

24

24

27%

n
Xl4

450

290

Jan

15%

Sep

34

%

Apr

13A

Jan

1/256 Mar

A

Nov

7%

150

1,100

13

Mar

A

100

2%

7%

7%

Jan

7274

1,000

3,800

32

A

—

2%

Jun

1

54

la
15

Xl4

Oct

May

800

ft

n
1/64

4

Mar

250

1%

58%

1/64

-

2

1,900

7

2
—

53%

t

Jan

A

Jan

9 74 Mar

%

Sep

Oct

1

Jan

274

Oct

Jun

27a

Oct

aa

*mmm

~2%

18

Apr
Oct

Jan

27

•

6

27

Conn

$3 preferred

Jan

10%

Feb

Feb

55

140

'5

—.

„

■

4

<—

Arms.

34

39

Apr

76

Gas——

Mar

Jan

Jan
Nov

14

78

—

■

78

1

1

Colorado Fuel & Iron warrants

30

%

27

1,900

17a

Community Water Service

10

Sep

2% May

76

■

—•

ordinary

'

ft Jun

51

A
3%

A Mar
67a

'

—*

Airlines

Colonial

Commonwealth

Nov

Co

Mar

34

,

—4

Rosenberger Inc—%

117

6,800
1,000

Colon

&

Aug

1,400

6%

Cohn

101

3874
6

Feb

Apr

Apr

4%

100

Gas & Elec 5Ve

Sep

A

Apr

,

22%

3574

6%

2%

1

*
•
——100

Corp

Apr

3

674

99

1,200

6%

Illuminating

Electric

Cleveland Tractor common—

Oct

87a Aug

6 74

—

Mfg—

|

16

Oct

35% May

'

—1

Co

& Lambert

Cleveland

4%

333/a

3

preferred

Lights Inc

Neon

Clayton

28%

Jun

2 74

P & L $7

$6

Feb

—

7%

7

47%

4%

—

19Q

7%

50 %

Jan

30

Nov

90

-1

common———

3%

3,100

%
12
20

50

10

Service

Jan

4%

134 % .Oct

Jan

325

39

375

7%

1,600

39

104% 194%

6,500

Nov

9%

May

ft Mar
8%

7,100

4

—

75

ft

1
j

mm

1,500

3%

«

1,100

121

%
9%

8%

Nov

'

-

1849.

Feb

%

Jan

18

3%

Nov

1093/4 111

•

page

100

73/4

9%

3%

4%

*

preferred

1%

3%

1%

9

9 74

pfd

preferred—
——.
City Auto Stamping
—
City & Suburban Homes.—;

2%

see

1%

8

Va Aug

•

convertible

footnotes

%

Sep

100

*

Cities Service

Nov

27% Aug

21

loo

common

1%

39

100

6% May

common

Ridge Corp

Feb

13

xl9% May

*
1
——1

preferred

200

5

—

l

~

A

*

Co———-——1

2,400

10

common

1%

9%

common—

174

♦

(E W)

1%

West Utilities—,—50c

6%

434

1

Bliss

Jan

274

800

25

Elec

&

9%

13

I

.,20

Birdsboro Steel Fdy & Mach Co

274

$7 preferred—*

Consolidated Mining

Claude

1974

9%

Bickfords Inc

Blauner's

2%

*

36

May

'

preferred—

274

50

Clark

9

Convertible preferredBerkey & Gay Furniture

$2.50

74

i«

*
*

16% Nov

Jan

140

'

_1

common

Jan

100

50o

$6

Feb

3%

i

common

Jan

12 Va

300

12 %o

100

Cities

Oct

Jan

12% May

2% Mar

-5

common

91%

1174 Aug
74 Aug

150

Childs Co

2% May

1

of Canada

2,200

5%

Chief

7

Aug

300

1

Corp_

Sep

6174

1,200

9%

9%

6174

Jan

5

300

374

preferred

74'

72%

9%

79%

Oct

3%

common

common

convertible

7%
74

5%

Nov

'

$1.50

Jan

Jan

5% Aug

NOV

"Ludwig"

Mills Inc

Beaunit

Oct

15 Va

874 Mar

2,800

78%

%

3%

•

Beau Brummell Ties Inc

Sep

42

35%

850

7%

61 Va

4%

3%

1

Inc__

4 0 Va

7

—

35%

25

common

40

40

preferred
—*
60c preferred B___———.—*
$6 preferred BB
■*

Feb

4Va July

Mfg—
A

Apr

10
Cherry-Burrell common————5
Chesebrough Mfg
——25
Chicago Flexible Shaft Co——5
Chicago Rivet & Mach
4

Nov

3'%

corn—10

Steel

Seelig

convertible

Oct

474

Metal Weather Strip Co__5

Corp

Jan

3

%

15%

15%

•

common-

14%

Apr

1

Light 1%

&

A'rcraft

Charis

Jan

22

4V2

6%

_30
Co

Gas

Power

Va Mar

32%

ft

:

67

Mar

•

Rubber

Jan

—*

America——

& South

Cessna

Feb

%

Nov

3

1,800

■

Baldwin

Oct

80

4%

600

ft

Power 7%

Central

3% Aug

—5

preferred

Oct

May

11%

com
*
preferred_100
York Power 5% pfd—100
Steel Products—
1

8

Baldwin Locomotive—
for

of

Jan

Jun

4%

%

1

warants

6 74

Nov

B
Purchase

Jun

100

common

Nov

32%

~

4

*

;.

1%

50c

(JW) Co common
Products—

1%

106

3%

37a

5

Babcock & Wilcox Co

1,200

%

...

preferred

9%

62

A

Collieries

5%

Jan

common—;————*

Carnation

Oct

% Mar

50

A

Aug

574

%

*

—..

Jan

87%

374

300

-

class

12%

iff

2.50

——

Central

1

Axton-Fisher. Tobacco

Jan

46

25

9
1%

2% Mar

1

Voting Machine—
(BP) & Sons common.
6% preferred

774

5

.—

Apr

103 Va Jan

Apr

11% July

pfd—100

Avery

100

5%

Apr

400

Automatic

12%

1

class A

Apr

4%

•

.

Jan

Feb

12%

5%

*
1

Products——

Co

&

%

6%

preferred—100

Corp

Nov

2

1 Va

12%

1

voting——

6%

300

Products

Automatic

Nov

174

& Foundry Ltd—

75% Aug

10

6

common

Nov

10

% Mar

—50

1%

U Sep

1,000

84

Vz

1

5%

Co„

10

Jun

Jan

2%

7'% July

2,200

9

9

2%

Nov

Ijf Jan

300

84

174

•

Corp

Oct

674

10s

certificates

non

City

2%

•

warrants—

8

*

preferred

3%

2%

—5

RR Co

Nov

50

Canadian Marconi—-—;

55% Nov

.

Jan

1%

1
_•
100

1

Coast

Jan

14

Oct

Apr

2

•'

Fisheries—

Coast

3174

Mar

100

10

voting

Chamberlin

Birm &

10

10

Sullivan

&

Car

A

1%

1,600

Associated Laundries of America——*

Atlantic

10

£1

Line

trust

Class

Jan

2%

Apr

ft Jan
33 %

Associated Electric Industries—
American dep rects reg_,
——£1

Atlanta

3074 Jun

320

—£1

participating preferred.
Industrial Alcohol—

7%

2%

10

Atlanta Gas Light 6%

30%

30%

Canadian Industries Ltd—
;

2

Associated Tel & Tel class A

Jan

Canadian

61% Mar

1% Mar

54%

Oct

Feb

14%

Ltd—

Sugar Estate-

Canadian

Oct

27%

5

Refining Co
Canada

Jan

Jun

Aug

2'/8

,

10

30%

—20
California Electric Power—
10
Callite
Tungsten Corp——
1
Camden Fire Insurance Assn
5
'Canada Cement Co Ltd 6%% pfd—100

Jan

5%

Nov

Jan

%

55%

1

Tobacco—

$3

Inc

Voting

Nov

xl8
25

Jun

11

—*

Co

Co common

Hill

Calamba

26% July

21

50

40

100

43.

•

Cable Electric Products common

Jan

ss2

42

% July

900

%

%

,'.

42

Apr

374

Jun

Nov
Feb

Breweries of

•

Feb

60

Jan

1%

400

2

Jan

3%

18

2,900

1%

20% Jan
104

82% Mar

32

Corp

&

Apr

12%

20%

50

Metal Works common
Oil

10%

50

300

52
2

preferred——
Burma Corp Am dep rets
Burry Biscuit Corp—
—

Sep

aa

3 Va

& Light $7 preferred-*

Equipment

Associated

%

200

Apr

preferred—!

Ashland

Jan

Va

11

non-voting—.

A

Burco

27 V2 May

Arkansas Natural Gas common

Oil

preferred
preferred

1st

$5

Bunker

150

u_

Oct

Niagara & East Power—

$1.60

Jan

16

Angostura-Wupperman —
Apex-Elec Mfg Co common—
Appalachian Elec Pwr 4%% pfd

Arkansas Power

Nov

41%

29

common

Fence

•

July

36

July

95%

*

Paper

%

ft Sep
28% May

18%

3%

%

Writing

Buffalo

15%

preferred

Jan

2%

4%

19

I7e

*

Co common..

Pipe

Buckeye

Nov

19

Superpower Corp common—*
preferred—
•

American

Jan

13%

12%

—10

5%

14%

Apr

12%

American

Thread

Apr

4

7,200

2 '/a

American

2074

%

Jun

is

..

*

Rubber

Bruce

12%

—2

Common

Feb

500

Seal-Kap

Post

Oct

6%

28%

$6 series preferred—

May

1% Jan

500

*%

*

preferred

A

(EL)

80%

35

American

$6

Jan

preferred

Jan

1,000

37%

1

common

8%

dep rets ord reg

4%

—;—..*

Republics

American

$6

Feb

Jan

550

;

37%

Chemical—

&

3% July

-

Nov

375

Co..

3,900

Forman Distillers—

Brown

4ya

-100

—

Maracaibo

American Meter Co—j._—*

4\

Fence & Wire common.

Brown

1,350

36%

%
i

Mach
20
American Light & Trac common
25
6% preferred—
-25
American Mfg Co common———100
American

Va
11%

Jan

-25

Rubber Co—,

3%

Brack Silk Mills Ltd

Laundry

American

3%

*

Celanese

Class

Apr

Feb

1
„1

;

Oct
Nov

common.

American

Brown

65 Vz

10

convertible preferred

American

% May

7%

600"

5%

5

common—-10o

preferred-

convertible

9%
10%

dep rects ord bearer—.
dep rets ord reg——

Amer

24y2 May

ft July

•

—

Jan

May

A—

British

Nov

3%

100

11%

11%

100
Corp

104

%

4%

Va

common

Electric

&

General

Am

Apr

19

170

Am

Sep

A

21%

21

Sep

81%

Light—

preferred

American

Class

Nov

7

Apr

65 Va

104

104

Foreign Power warrants
&

Mfg Co

British

12%

May

4ya

1

Sep

7

a

100

Jan

12

500

77%

76

10
10

Nov

800

—

British American

—

374

6,600

8,i

——

B

Feb

25

Sep

1 % May

200

9%

preferred

Jan

1

A

10%

—

A

105

—.

3%

3%

100

class

Corp

114%

.

&

Brill

99% May

non-voting

Fork

Art

Jan

78% Apr

Cyanamid class A

American

Aro

Nov

12

Brillo

*
*

Mar

774

A May

9%

Preferred

1%

17

11%

34

5% May

———1

Machine

Bridgeport

% May

100

1%

22%

4%

Nov

25

50

Mar

10%

Bridgeport Gas Light Co—

3 Vz May

Jan

% Jan

"1%

1

25

Jun

42

33 May
25

Oct

3

Jan

2%

—.—.—,.25

B

American

6%

Feb

97

5%

Sep
1% Mar

9%

—

Aeronautical—;

Brewster

Mar

High

4

100

9%

-

Lgt & Pwr

common

650

A

Class B

Anchor

107

Sep

Corp

1,600

common

A

American

1st

Sep

79

1

Mfg

class

Convertible

$2.50

Jun

89

10c

Power

Breeze

Low

5%

100
—*
*
1

—-—

preferred

102

B

Central

American

$2

73

90

89

89

—100

preferred—
$5.50 prior preferred

4% %

100
300

preferred-

Range Since January 1

High

5%

•

common,

Brazilian Traction

1% Aug

78%

2d

$5

'

1st

100

$3

Class

Jan

•

Co
Co

Oct

%

100 %

100

—100

Board

21%

aVMar

Capital class A common„I0c

American

Class

%

7%

Oct

83

78 %

78%
100

•

.

Book

2

Inc

Bowman-Biltmore

108% 109

American Beverage common
American

2% Sep

109

common

preferred

6%

Jan

102

Industries common

Ltd

1%

100

1st preferred—

7%

•

;

Aluminum

Aluminium

Bourjois

.—100
*

Aluminum Co common———
6%

Borne Scrymser Co

Feb

% May

•
-10
—25

Allied Intl Investing

Oct

12 May

•
—*

Alles & Fisher Inc common——

Oct

6

1%

Low

*
100
25
*

Co common—

5%

19 % July

•

(H C)

8%

4

500

i_*

——

.'

preferred

$6

Bohack

Mar

Jun

4

300

1%

_50

Southern——

Alabama Power Co

Shares

*

& Co

(S)

Jan

4

200

5

3

Blumenthal

Vz

2,500

6

10

Appliance—;

for Week

Par

Feb

20

Va Jun

5%

——-U—>——<

Electric

22%

Sep
Mar

4%

.

Nov. 20

Ended

Week

-

High

Low

High

5%

50c
2

preferred———

Air-Way

■'

i—

Corp..

—

Range Since January 1

5%

5%

1%

1

common

Convertible
Warrants

Shares

20

——5

Sales

Range
of Prices

Friday

Exchange

Curb

York

New

16 Va

1

.——

Access

of Prices

Low

Week's

Last

Sale Price

STOCKS

Sales

1

(N J)

Associates Inc

any dealings have

for Week

10

common

Ainsworth Mfg common
Air

It is compiled entirely from the daily reports of the Curb Exchange itself, and is in¬
occurred during the current year.

(Nov.' 20, 1942).
stock or bond, in which

Range

Last
Sale Price
Par

Wire Co

complete record of the transactions on the New York Curb Exchange for the week beginning on

a

Week's

Friday

Exchange

Curb

York

Week Ended Nov. 20

Acme

furnish

we

include every security, whether

tended to

they are the only transactions of the week, and when selling outside the regular weekly range are shown
computing the range for the year.

14 and ending the present Friday

Nov.

Saturday

extensive

following

the

In

the week in which they occur.

in

footnote

a

RECORD

YEARLY

AND

disregarded In the week's range unless
No account is taken of such sales in

Cash and deferred delivery sales are

NOTICE

7a

'

Jun

39% Mar

27

54

Oct

Nov

54

1,500

112% 114

100

Apr

115

Oct

101% 103

170

96% Mar

104

Aug

2

700

174 Jan

2

NOV

53

2

10674

Monday, November 23, 1942

CHRONICLE

COMMERCIAL & FINANCIAL

THE
1846

NEW YORK CURB

EXCHANGE

of Prices

Last

Curb Exchange
Nov. 20

York

New

Sale Price

Week Ended

•—*

preferred

$6

107a

Sep

$5

Jun

Nov

Gilbert

—

9

38%

Jan

6

%

100

Jan

1

8274

20

67% May

84

17a

200

7a

Gilchrist

Glen

Sep

Godchaux

Jun

1%
16 74

Jan

preferred
!
Consolidated

$7

472

Mar

17%

2,600

11%

Apr

7 7'8

9%

17,800

4%

Jun

9 7a

Nov

A

A

A

15,200

as

Jan

i%

Nov

174

100

1 % May

1%

Oct

2%

400

1%

3 7a

Nov

Gray

6%

67a

65/B

Nov

Great

li

187/a
%

%

—

Apr

1

Jan

18

125
-

6%

Jan

21

x%

300

%

1874

4%

4

9

Aug

11%

12%

2,000

10%

Jun

.1%

ii%

1%

100

1%

Aug

15%

Jan

l7/a

Sep

Jun

1% May

1 % May
—

5

May

5

Jan

45

NOV

Apr

July

4%

Oct

13

13%

2,000

10%

Jan

147a

Sep

26

25

Nov

32

Jan

Sep

9

Feb

July

100

94

525

-re

92

30

96

„

200

"Ja

;

Jan

7/a

Oct

30

Oct

30

Oct

%

,V Jan

1% Jan

Apr

Mar

27

27

Jan

28

21.7a

21%

100

19% Aug

29

3%

4%

300

3% Aug

4 %

3%

3%

100

2

May

4

Oct

70%

73%

700

.58

Apr

83

Jan

,133% 133%

75

124

A

1,500

A

Jan

A

Jan

200

26 7a

Nov

3534

Jan

6%

300

37

37%

5,000

99

;

99

25

23

:

71

....

i

Brewery

.l')l

,

"

26%

267a

27

6%

7% Mar

Jun

I3A ju'y

Feb

%

Nov

1347a Nov

Feb

57a

Jan

.

Oct

108

Jan

Apr

109

Jan

3

Nov

24% Mar

20

•

Gypsum

39

Apr

2 % May

37%

91

9274

preferred
Lime & Alabastine

$6

Nov

3

Utilities, $5.50 ;pfd

States

Gulf

Oct

10

Feb

6%

New York

88

5

stock

common

preferred

1st

Jan

May

25

__*
100
1
Great Northern Paper
25
Greenfield Tap & Die——-4—
«._*•
Grocery Stores Products common..25c
Gulf Oil Corp
25
7 %

Greater

Apr

103

41

I
..5

-

Pacific Tea—

&

Jan

Apr

10

74

•

i

Varnish

Jan

3472

July

867a

,

600

—,——•
.10

—-

Co

Atlantic

Non-voting

Sep
Jan

7/a

'A Mar

100

Mfg

Aug

7

474

45

45

al3%

—

common

Grand .Rapids

174
2%

Sep

Mfg

103 7a

4

1

preferred

$3

Gorham

"2%
iil

100

:—,—.——50

class A—

Gorham Inc

Oct

19

167a

9%

Jan

80

_•

.

Co

Mfg

Goodman

Nov

16%

300

275

99%

Nov

54

Apr

21

30

99 7a

4

Mines..

% Nov

A May

29%
99 7a

Jan

Oct

Jun

Apr

274 Aug

•
—*

Sugars class A

Nov

A

967a

•
Coal

Alden

Jan

%

28%

35%

150

53

4%

Co

Goldfield

—5

;

...

Oct

July
74

—*
*

common

737a

300

72

%

Jan

12%

1%

(AC)

Apr

20

20

27%

48

.*
preferred
——*
——
*

preferred

High

Low

pfd A—100

Preferred

Nov

Oct

A Jan
%

Tobacco common
*
Curtis Lighting Inc common——2.50

(Mo)

Jan

4%

Cuban

Curtis Mfg Co

Apr

350

81

•
10

Sugar

Atlantic

Cuban

12%

"5%

Range Since January 1

High

27%

27%

Electric common—1

Georgia Power $6

Jan

Jan

&

preferred

$3

6%

600

Tire

com..

preferred
Rubber 6%

Gen Water Gas &

Jan

A NOV

*~5%

,

25

Crystal Oil Refining common.

convertible

$6

7%

3,400

~87a

—

25c

Co common
convertible preferred

88

Apr

7a

"5%

5
•

International A

Cork

Jun

Oct

60

90

Shares

55

*
1
* "

stock

A

Co

General Shareholdings Corp

Jan

7%

31

*

Crown Drug
n%

July

1%

General

11%

~8

8

5
*
-1

——

Crowley Milner & Co
Crown Cent
Petrol (Md)
Crown

107

Jan

2

Wheeler Electric
Croft Brewing Co

Rayon

July

7%

receipts (ord reg)__£1

dep

American

General

Aug

3%

700

7574

10

10%

1
50

Crocker

Public

4

% July

$6

Creole Petroleum

~6%

75

75%

—5c
1

preferred A__.
Cosden Petroleum common—
5% convertible preferred
Courtaulds Ltd—

General

for Week

Outdoor Adv 6%

"•»

~57/a

6

*
*
•-*

—

Jan

General

Sales

Range

Low

pfd
100
Service $6 preferred—*

Nov

31 %

Week's

Par

Mar

lVs

100
——1
1
—*

preferred-Continental Oil of Mexico
Continental Roll & Steel
Cook Paint & Varnish Co--,Cooper-Bessemer common
$3 prior preference
Copper Range Co—.—
Cornucopia Gold Mines——
Gorroon & Reynolds——
prior

77c

25%

725

20

High

107
f

10
•

Royalty Oil
Steel Corp.
Continental Gas & Electric Co—

January 1

Exchange

Ended Nov.

Week

3

100

preferred

8%

Range Since
Low

3074

30

30

Ltd
5
.——1

Consolidated
Consolidated

Shares

High

Low

Par

Consolidated Mining & Smelt
Consolidated Retail Stores

for Week

Curb

York

New

Range

of Prices

Friday
Last
Sale Price

STOCKS
Sales

Week's

Friday

STOCKS

D
common

874

*

Hosiery

Davenport

A

6%

Detroit

Mich

Detroit

Steel

De

Co

Dobeckmun

common

Dominion Bridge

Co Ltd—

Steel & Coal B

Dominion

Corp

Driver

Harris

common

Corp common

Duro Test

Duval

class B

Sulphur——

Texas

Jan

27a Mar

Hartlord

517a May

Harttqrd

Mar

17a
49%

Feb

Hat Corp of

8 7a

Nov

Hazeltine
Hearn

1%

Jun

29% July
7%

4'/a

3%

Aug

Helena

5 7a

17% Aug

19

1% "*274

Jan

3%

6%

Hormel

Jan

17a

Jan

1

44%
19%

1%

600

44

44%

375

41

Apr

1,575

19

May

21 %

19%

16%

11%

35

2%

2%

100

~174

~2%

4i %

41

42%

500

44

43

46

y8

%

127a

25

5Va

900

Aug

63%

Yj?

A

20%

%

Apr

20

Aug

47a May

2%

2%

5%

Div

Oct

Mar

155%

Sep

Apr

25

1%

1%

1%

6

Jun

74

Nov

2

May

.2%

Jan

23%

Apr

4

7a

(Can)

17a

Jun

274

67a Mar

7%

Jan

A

non-voting

Class

B

voting

Yards.—
Foundation Indus Engineer—
Worth Stock

Fort

3.74

Sep

10

44 7a

May

85

725

2%

stock
convertible

2%

10

17

17

100

17a

Feb
Jan

10

......

2%
16%

$1.75
$3.50

Feb

74

Nov

2

17

Nov

20
18

Interstate

Jan

19 y8

19%

100

11%

IDA

50

18% May

2%

Nov

Iron

5%

Power Co

*
100
1

common

preferred

common
General Alloys Co

20%

*

—

Mar

12

35%

Oct

Mar

50

Aug

*

%

£1
1
—- —10

For

footnotes

see

page




1849.

*
*

5274 May

61

800

—

2

2

7%

7%

—u.

90

87

,

*
*
Equipment.——J*

Nov
Nov

Mar

150

9

May

13 74

3%

Oct

574

Jan

87b

Nov

Jan

8%

Oct

9

Jan

8%

2,500

8 7a

100

57a

'

r

'

73% Mar

Apr

12%

Nov

Jan

5 72

Nov

Apr

107%

Jan

22

20

12

Apr

26

Oct

Apr

26%

Oct

17a July

14

100

774

Feb

17% Aug

70%

1,450

557a

Apr

777#

Jan

12%

600

10

Aug

13

Jan

274

500

1%

Feb

600

17a

Jan

4 7a

Apr

1%

1%

7%

50

137a

5,400

13

13

57a
%

'

100

%

4

100

A

"

—

3%

19

■%
137a

14

14

—

,8

300

Oct

13%

Nov
Nov

6

7a Aug
37,

7a

Apr
Aug

227a May

31

3 7a

15

Nov
Mar

% May
V4

Jan

774 July
A

A

100

'3%

2,100

1%

200

67 Tt

200

60

Oct
Oct

87a -Oct
23

July

1%

Nov

3/a July

Jan

1C3A

Feb
Feb

10

200

400

8
16

Nov

13%

Feb

225

7a

■

1,200
200

,1%

*1

■"%

-9%
19

19

--

150

31

Nov

774

July
A

274 Nov
1%

,

Jan

6
30

.

Jan

500

'6
''

9

2

'

—

—1
Tt '

87a Mar

200

ctfs—*

r

Jan

278

*

\

23'a Nov

863/4

7%

6
,

1

—;

Apr

100

12 5/a

12%

'

...*
preferred—..—...*

15

Jun

9% Mar

A

Sep

3%

Nov

1-%

Jan

Sep

,

'

*

4

Jacobs

(FL)

Co

——

-1

t

'

'

1

——*
Central Pwr & Lt 572% pfd__100
preferred...
■
—.
100
preferred
100

774

1%

,65

Sep

Jan

111-. Oct
May

81

Jan

Apr

88

Jan

Apr

95

Jan

Jan

116

Jan

6

July

8

Jan

4

Mar

5 7a Aug

70

72

170

61

8274

84

50

68

Nov

Jan

174

111 %

65

K

July
%

2%

23/4

Jeannette Glass Co..

Kansas Gas &

Elec 7%

preferred—100

Inc

—

Kings

Co Lighting 7%
preferred D„

pfd B

Nov

2

Nov

6

Sep

77a

Nov

Feb

15 y«

Jan

Kingston

r

597a Mar

1027a

Jan

Kirby

,

5 %

Products..
Petroleum..

5

6%

674

100

—*

Ken-Rad Tube & Lamp A

2

127a

1

2,700

27a

;

Mills

50

80

17b
23 %

A May
16 74

200

3,400

11

2%
,

Sep
74

A May
674 Aug

500

1

2%

14

'

—

100

—

90

Home
Hosiery

.

Kennedy's

Co Ltd—
Amer dep rets ord reg
General Finance Corp common—.

preferred series A
General Fireproofing common
Gen Gas & Elec $6 preferred B

5

7a July

Gen Electric

5 ',r

Feb

374

__

%

Sep

68

68%

Oct

Mar

"

—

—

*

-i-,

Italian Superpower A

Jersey

—

Products.

Jan

8

40

—

3%

Jan

2

Nov

Oct

7%

Gatineau

700

Sep

74

8%

shares—_—:—-——*

Royalty
;
•
Fireman Mfg voting trust

6%

Gellman Mfg Co

3%

Feb

14

974
'

92

5%

.

Inc.———1
Industries^—.—*
Petroleum coupon shs__*

Irving Air Chute

Oct

11

25

—.

Aug

7a Mar

Industries

Interstate Power $7

July

1

•

Jan

Tt

-~

common——1

Investors

Nov

Jun

8 74 Mar

—

4T»

12

America

preferred
prior preferred

Interstate

Oct

200

—

7a

200

22

Razor B—.—■--*
International Utility class A
—*

Oct

16%

900

2

Feb

1,500

1,300

90%

•

International Safety

NOV

107a

10%

2

.

34

■

Hydro Electric—
$3.50 series
i—.—50

International

Jan

103

Jan

274

87a

5%

———100
.10
Machine...
*

of North

Co

Registered

Jan

May

10%

'*
.100

preferred

Sep

8%

—v

.

Canada
.-5
of Great Britain &
—,—£1

Tobacco

International

Jan

15%

2%

1

conv

4%

100

—

Fuller (Geo A) Co
$3

16%

9

Oct
Jan

Mar

6

—,

International Metal

Nov

5

8

1
Fox (Peter) Brewing Co
5
Franklin Co Distilling
—1
Froedtert Grain & Malt common——1
Conv participating preferred
15
preferred

1,800

68

9

6474

11

—,—10c

Common

$1.50

2%

16%

._*
•
—*

;

7a Mar

5

100

2%

6

Jan

274 Mar

10

*

—

International

Jan

84

84

5

■

1074

1%

1%

Pipe Line—

Insurance

Jan

3,300

5%

227a

22

coupon—

preferred

7%

Oct

9%

53

4%

•

%

%
22%

-

£1,

a

Industrial Finance vt c

Apr

Jun

53

4%

Power &

Class

8

9

,_*
5
10

A

374

...—

Nov

75/4

300

62

274 Aug

Nov

21

19

7

Jan

467a Mar

500

'

•

874

tt

.

77a
Indianapolis P & L 574% preferred.100
Indiana Service 6% preferred
100
7% preferred
100

Nov

13%

9

ey8

7

Jan

Apr

Chemical Industries—

Ireland
Indiana

Nov

Jan

72

18

1,600

8

4.^

%

74

.

—

dep rets regis

Imperial

Sep

16874

300

7%

Aug

27%

15

•

8%

%

.*

International Cigar

7%

3

Jun
Jun

112

'

Imperial Tobacco of

Nov

15974

Apr

27a

(Phila)
._
Light $7 preferred—*
Ford Motor Co Ltd—
Am dep rets ord reg
£1
-Ford Motor of Canada—
Association

27t

1,400

'

3%

■

—•
.50

Co.._!

Zinc

Registered

Jan

81

15074

Apr

'

Sep

1077a Aug

60%

3%

1

certificates

arrear

Imperial Oil

Jan

May

Apr

'

Oct

Jan

3174

2174

50

•

■

59

3%

II _IIII1

Illinois Iowa Power -To—......
57e convertible prc-ierred—

Jan

28

82

1,400

"—

/

59

preferred

16
12

1272 Aug

Hydro-Electric Securities—
IIIIIIII5
Hygrade Food Products
....

Am

89

—_

Florida

^-4

•

23%

2374

-

:

5

Co....__

Ligonier

Preferred

Fire

1

—5

Corp

Fibre

for 1st

c

Imperial

May

625

2%

t

Feb

9

57

A

21

(Harvey) Inc———
& Refining.

Illinois

85

50
1

.

,

*

IIxoo

*

Jar.

5,700

%

74

20%

V

Nov

5

10c

—

'

A

Jan

Apr
Jan

277a Mar

■

I:.

1

Huyler's common

Jan

6%

60

168% 168%

——.1
Fairchild Engine & Airplane—
1
Falstaff Brewing
—.1
—

...

Jan

40

''

158

158

Fairchild Aviation

Co

,

774

12

'•

—

.

Jan

Oct

Nov

81

—;

1
-1

Metallurgical..—

—-

-,'4.-

Jan

17%

12

'
'

Oil

International

Fedders Mfg

6%

6%

•

88%

5

500

6%

Feb

Oct

Oct

27a
6072

'

Empire Power participating stock—*1
Emsco Derrick & Equipment—
.5

Fansteel

■

•

—

Va. Nov

12% July

65

425

71

''y~-

5

common

Jan

6

11%

Nov

Apr

4

23%

4%

Mfg——:———_4

Inc common—,—

Jan

3 7a

5/64 Apr

2,800

——

Eversharp

38 72 July

3 67a

3,700

.%

23%

Electric 6% pfd
_100
Empire Gas & Fuel Co 6 %, pfd—100
6 % 7o
preferred
—
—100
7 7o
preferred.;
—100
8 %
preferred
——:——100

Inc——
Line common—

Sep

347a Aug

Empire District

Eureka Pipe

9%

9%
70

71

—

preferred

Hussmann

Jan

2% Mar

Electrographic Corp———
1
Elgin National Watch Co
-——15

Esquire

17

%

— —

_

Sep

Co

24

Jun

Oct

9%

100

10

M.

Jan

674 Jan

374 Mar

IIII5

—

Jan

10

..

10

Apr

20

'

t

-

*

Jan

29,100

..

Equity Corp common
$3 convertible preferred

17

10% May

preferred
—*
preferred————
—.*
Electric Power & Light 2d pfd A__—*

Electric

57a

V-'--

'

—

Hummel-Ross

Jan

Sep

2

2%

$6

Emerson

%

Jan

34

30

1%

$5

warrants

''

Aug

7% Aug

•

...

'

6

200

7%

7

»

'•

—

C>

Humble

22 74 Mar

9%>

600

11%

34%

common—5

Bond & Share

6%

10

Hardart

Hubbell

Jan
Jan

7s

1
*
—•

preferred v t c———
Easy Washing Machine B„
Economy Grocery Stores
$5

Jan

52%
33

9%

—*
*

preferred series A—
$6 preferred series B_!—
Eastern Sugar Associates—

Option

8%

% May

Corp

$7

Electric

6% Aug

Iron————25
*

Malleable
States

3,200

8%

7%

Picher Lead—,
10
East Gas & Fuel Assoc common—,
*
4 72 cio prior preferred—
100
6%
preferred
100
Eagle

Eastern

3% May

25

participating A.

Inc

&

5%

"

Eastern

25 Va Mar

1,500

(Geo A> .& Co common- -III*

(A

Horn

Oct
Jan

150

4%

■

Horn

E

Jan

30 7a

.—*

common—..

Chemical
& Co class A

Horder's

July

8

Feb

Jan

47a

—2

Hollinger Consolidated G
Holophane Co common

Oct
Mar

1

Jan

Nov

2%

30%

Oct

A

3%

2074

Sep

172

4-%

...

Rubber common

Hewitt

% Jan

100

300

•

Heyden
Hoe (R)

25 7a

600

1%.

174

■

«

Jun

67

July

52

2 % May
14a/a May

3 7a

1

1%

:

—

Henry Holt & Co

Apr

7%

Jan

Co

Apr

307a

Preferred

Jan

Aug

20% Mar

150

58'A

57%

Heller

10 74 Mar

x6

4%

Rubenstein.—

29% July

Feb

37t

Feb

1%

-.250

Class A..

Nov

li

31%

.

14

3ye Aug

1,100

Sep

274

Feb

Jan

Jan

50

Mining Co

Hecla

;■

MW.

.3%

'

'

.

II"5

preferred

convertible

Jan

1

America B non-cot com—1
common.

Jan

19
46

72

Corp—

Dept Stores

Apr

May

174 Aug

•

6%

10%

;

200

177a

600

Jan

18 74 Mar

% May

trust ctfs

Co

Brewing

Jun

Xl7% Aug

voting

474 May

Feb

15
40

16%

16%

.10
25
1
1

—

Light

Rayon

Apr

39%
7

Paper

3%

5

—;

Electric

Harvard

Oct

110

Co

Lamp

Feb

%

500

1%

17a

_1
—•

;

Hammermill

105

10
*

Co

Hosiery

Durham

Jan

10

*

Draper

3 74

108

.

common

Jan

108

10
*
1
:——1 *
*
.—25

common

Truck

Divco-Twin

Hall

Jan

*
1

common—:

Vilbiss Co

Diamond Shoe

Aug

37

Iron Foundry—!
1
Stove Co common—1
Products
——10

Gray

Detroit

Jan

25

25

warrants—20

preferred without

Nov

49

•

& Mfg—!

Gasket

Detroit

Nov

13

i9

100

Refining Corp com

convertible preferred——

15

Jan

1

-50

debenture—

8%

Derby Oil &

H

Feb

18%

130

247/a

2434

247a

common———5

preferred-—

prior

Oct

8 7a

May
%

6

1

Dejay Stores
Dennison Mfg class A
$6

50

2%

1274

———35

convertible—

■Class A

5

200

12%

14

1

—

874

12 Tt

5

Mills—,
Dayton Rubber Mfg.

Petroleum

Darby

TOO
——100
—I
1—1

277a Mar

53

Jan

Jan

19

Apr

39%

1%

1%

800

1

Jan

1%

Oct

174

.174

600

17a Mar

2

Feb

Volume 156

THE COMMERCIAL & FINANCIAL CHRONICLE

Number 4127

NEW YORK CURB EXCHANGE
York

New

1

Low

Par

Kirkland Lake G M Co Ltd
Klein

Emil)

(D

Kleinert

Co

Knott Corp common
Kobacker Stores Inc_

xlOO

90%

89

—

,

190

12 %

Apr

Navarro

Jan

8%

Oct

Nebraska

2

100

*

_

Jan

4%

Oct

Nehi Corp

Oct

10%

Feb

Nelson

99

Sep

Jun

81

Kress

special preferred

(S H)

Kreuger

50
13

,—10

%

Apr

52%

Feb

100

-4

—

.

12%

Feb

13%

Feb

100

13%

13%
«

1

Co

Brewing

4

2%

Apr

4

6%

preferred—
preferred

-$2

Jan

RR

(N J)

Lamson

7%
2%

.1
1

Lane

Lane

Wells

1

of Delaware—
Bryant 7% preferred.—
Corp

Co

10

17

Oct

1,600

5

May

9

Jan

• 2%

200

2

July

3

Jan

3

100

2

Jun

3

Oct

2%
3

5
'

1

Convertible

preferred
Lehigh Coal & Navigation
Oil

Line

Star Gas

6%

10 Vt

Jan

4%

Land

&

50

July

5

100

19

12 y2

Apr

7%..

20

Jun

2

pfd—

'/a'

4

Apr

Nov

Aug

l'/o

Conv

1st

26%

Oct

650

13

23%

Oct

100

%

4%

Sep

1%
31/8

4,600

Jun

Apr

,♦

—

—

4%
102

Sep

12

100

2% Mar

May

93

100

7%

pfd_.

1st pfd v

Lynch Corp

t c

—.5

common.

Y & Honduras

N

N

12

Mar

10

19

19

250

19%-

167/«

Jan

Y

Sugar optional warrants..—.

Mangel

Stores

N

Manischewitz

Mapes

Oct
Jan

Sep

12%
23

Oct
Mar

(The B)

Co

munication

%

,

100

25

25

July

8%

—

—

—

Jun

1 % Mar

100

27/a

50

25

New York
N

Y

24

Sep
Oct

3%
55

8%

5%

—

2d

Class

A
B

Class

A

Nineteen Hundred

Nipissing

Steam Shovel

Mines

*

-

2V2

2%

100

aY

—

«'«

McCord Radiator

Mead

&

•

Mfg B__

&

Mercantile

<

—

Stores

common...

—

3%
Va

41 Feb
6% Apr

130

90

Feb

2

Aug

.

2%

—

—

..

18

.

Merchants & Manufacturers class A—1

preferred—

Participating

*

Oct

22 y2

—

—

—

Mar

2

common..—.:

Chapman

Scott

&

6 '/aA

•

—

Warrants

—...

preferred

$6

Textile

B

preferred

Participating

15

Metropolitan Edtson $6 preferred.

1,800

l'/a

%

2

2

Oct

Securities

3

3%

Nov

1% Mar
9

Oct

126

Jan

Ohio

RR

Ohio

Edison

Preferred

Micromatic Hone Corp.——

'

1

Middle States Petroleum class A vt c.l
Class

vtc

B

West

Middle

Corp

Midland Oil

—

.1

5

common

Corp $2 conv preferred—*

-

94

Apr

Jan

1%

%

Sep

1%

37

Sep

69%

Feb

21%

Oct

53

Jan

1,375
10

400

2% Mar

100

86%
10

86

Apr
8% Jun

4,600

Va
66 %

800

21

900

21

500

Midwest

Oil

Midwest

Co

6%

,100

21

3%

Public Service 7%

Feb

1st preferred
Oilstocks Ltd common

Mar

29

115

Mar

1% July

Sep

2

Nov

32

106%

4

Oct
Oct

Nov

72%

Oct

Apr

102

Jan

108

Jan

Oct

1% Mar
Mar

10%

Nov

6% July

18%

oct

2%

Feb

preferred—

—x,.

Oliver United Filters B

400

14

Jan

40

76

Sep

100

Jan

100

110

Feb

113 %

Nov

Nov

109] J Nov

1%

190

Jun

17%

Feb

104% 106%

112

Jan

Apr

110

Feb

Sep

98

Feb

7

Aug

100

12

16%

100

108%

16%

Mar

5% May

80

Apr

40

108

Apr

95

...50
108

May

4%

—

Sep

17%

48%
111

Oct

Oct
Jan

4%

Sep

1

Securities

3

Jun

4%

Jun

1

Omar Inc

Overseas

600

91

prior preferred—

conv

2%
17%
89%

91%

Natural Gas common— —15

1%

Jun

3%

Nov

Feb

4%

Jun

5% Mar

2%

Jun

4

Pacific

Sep

Co

Can

8

•

common—

5 % %

29%

1st

Public

Sep

1,200

2% July

4%

Nov

9

Nov

Paramount

Feb

400

,

90

Corp——

Co..

9

3%

3%

4%

Feb

Aug

3% May

■'

1

'

Oct

87

3

12,700

July

31

27%
100

2% Aug

Jan
Nov

Feb

3%

Oct
Nov

14

5 %

Oct

3 % May

Jan

14

4% May

9%

10

10

—

Apr

Apr

11%

1st

Motors

Oct

24%

22% Mar

71% Aug

preferred..—.:——:
—•
Pantepec Oil of Venezuela Am shs

$1.30

1,100

•

—

%

30%
27%

-

Service

Va Mar

29%
26%

Pacific Gas & Elec 6%

600

11% May

100

15%

15%

Nov

25

Sep

41%

Jan

1,100

30%
1%,

% May

1%

Oct

7%

Nov

24

200

x5% May

14

•>.

350

300

13V2 Aug
1% Sep

14% May

ft

% May

% May

6%

350

2% May

32

Feb

48

Nov

67

48

—

& Reel—————1

Parkersburg Rig

May

82

Peninsular
$1.40

Telephone

preferred

8%

__

Penn

200

8%

;;

5-

?

100

'4%

,

ft

4%

4%
16%

31

3%

4%

9,300

9%

9

9%

1,900

—

31

•

—

__

y v~

:

Dakota

Utilities—

May

103

.

July

Gas

Power

$6

&

Sep

—

preferred.......

Apr

5%

Nov

Penn

Salt

Jan

7%

Aug

Penn

Sugar

Prop

5%

Feb

Penn

Water

&

4

Apr

100

15

Aug
% May

r,

30% Mar

Peppered

Mfg

_*

162

163

—*

—

560

163

Co

•

Mountain City

1%

Feb

Perfect Circle

Co__

'i<r 1% *« '

Copper .commor).——15c •/
1
10

.

Mountain

States

Mountain

States Tel & Tel....

Power

Murray Ohio Mfg

Pilaris Tire

Aug

6

Feb

,4

Co

•
_2Va

152

Mar

163

<

•

.

12%

—

Feb

18

Sep

15% July

20

July

Phila

Electric

—

*

Packing

Securities

Conv $3

y'"*, 1% May

2%

Jan

Pierce

5%

Nov

Pioneer

Oct

__

\

,

74

Gold

May

11%

Feb

68

70

114%

Jan

Pitts

&

Eess

N
1

Bellas

Hess

common

National

Candy Co

Postage
L

E

36%

100

81

"3%

1%

Container

,

...

44 !4

50

,

(Del)

1

National Fuel Gas

Pittsburgh & Lake Erie

Feb

Pittsburgh

68 Va

Jun

Pittsburgh

Plate

Inc

9ya

*

common^

9

9yB,

2Va~

2Va

National Pwr & Light $6 pfd unstpd..*

preferred stamped

*

National Refining common
Rubber

:

1

~1

7l%

1,400

5%

300

National

Steel

National

Glass

.'.

Tea

Ltd..

Car

5y2%

Tunnel. &
footnotes

12.50

Pratt

Premier

Jan

45

200

8

Apr

10%
10%

July

1*%

Jun

&

j

Mines

see

page




1849.

•

45%

80

79%

82

May

3

& Lambert

Jan

Pressed

Jan

Producers

Jan

Co

Gold Mining

Prentice-Hall Inc
Metals

common..

of

Corp

America

of Nevada

•

Feb

Apr
Feb

12

Jan

85

Nov

1,000

—

—

500

2

Oct

3%

Feb

8

100

7

Jun

8%

Apr

7%

Apr

8%

Jun

Va

Apr

U

Jan

—

__

-ft.-

r-

n/

400

—

19%

19%

300

%

19%

%

Prosperity Co class B.

•

Jan

6 %

1st preferred

1%

1st preferred

100

5%

Jan

7%

Jan

Apr

26%

Nov

11

Jan

—

100

Oct

Jan

2% May

Feb

2% Sep

2%

Jan

%

Jan

4%

of

Oct

Feb

20

Jan

2%

Apr

33

6% Mar

Jan
Jan

4%
Va

35a May
Jan

Sep
fto

% Mar

Feb

Apr

5

Nov

7%

Feb

Colorado—

Puget Sound Power & Light—
$5 prior preferred
$6

Nov

preferred
Sound Pulp & Timber
Pyle-National Co common

Jan

Pvrene

7% Mar
12

Public Service

16%

3

•

Gas

2%

9

4%

33
200

93

Nov

4%

Jan

1,500

95

6%

1% Mar
3

100

1V

Jun

7% Mar

55%

2%

"3%

Apr

900

Oct
Jan

rV

Apr

2%

5%

Jan

63%

"3%

1%

2'/2

1%
43

1

62 %

2%

4% May

Oct

10% July

Jun

1

68%

1,400

Oct

Feb
Nov

Oct

•

40

12

%

4%
7 Va
44

2%

—1

700

21%

8% May

Oct
Nov

32

8

2%

25c

common—

85%

11%

Oct

Sep

39

8 %

10

787/a

....

Feb

4

4%

37

•

200

10

22

44

Corp of Canada

Power

Sep

300

Oct

250

200

Nov

*

National Transitl

38

51%

2,200

Oct

100

7.50.

84 V2'

6y4

Nov

96%

9

38

45%

4%

%

1,900

1

78

6y4

Oct

52

50

38

4%

13%

*

preferred,

5%

—

4%

Jan
20

common..

25

78

•

Sugar Refining

National

-

4

15%

*

Machinery

■-

10

84'Vi"
.

31 % Mar

1

1

Providence

„

3% Mar

300

5

Jun

44 y2
9V4

Jan

4,300

5

Apr

44l/4

3%

200

7 %

42

Alexander

Powdrell

Feb

700

Apr

4%

7

43

*

...

common

Scale

Sugar

Oct

11

15'/4

Apr

May

43%

6%

1

•

Mining Co

9%

i'K

4%

•

50

Metallurgical—.

11

14%

Jan

1%

29%

10

,—50

Apr

18%

__

9

♦

...

Mfg & Stores

•
1

20
100

Jan
Mar

Jan

Nov

Aug

2,000

1

—25

Meter

RR.—

97/8

6% May

J
r—

National City Lines common
$3 convertible preferred

Jan

4%

420

•

5%

Polaris

^ '

Breweries common

National

%

Jan

175%

96%

Ltd.——

12%

Potrero

National

100

Apr

125

52

common

Jan

.y
7
%

Oct

U Nov

■

600

95

—

Aug

Pneumatic

-—

Sep

55

30

50
50

pfd

May

7%

Plough

-

105

Oct

95

common—

Mines

Pitney-Bowes

Apr

'

•

%

Oct

59%

3

Pleasant Valley Wine Co.

Nachman-Springfilled ——.—;

Feb

-ftr Mar

520

—•

Co..

Governor

-99

57

:

30%

51

preferred series A

May

5

—

Oct

23

*

—...

Power 5%

Phoenix

6%

7

100

12%

__

—100

—_j._.

110

111

Feb

4%

Oct

9

"i_

'

110

—

*

common.,—

.preferred

—

.100

Oct

56

100

72%

73

Philadelphia Co common

& Rubber

4

'

common...—•

Muskegon Piston Ring...

1,500

1% '.: 1.%*

—

10%

Oct

__

—

1% Mar

5% Aug

;

;

Producers

50

19

18

Mtge Bank of Col Am shs—

Apr

—100

—

Phillips

Moody Investors partic pfd—____.

Jan

20

Co—_——

Power

Mfg

;

common—

Aug

15%

—

Oct
Jan

31% Aug

5%

.-

•

*

...

Co.——_—;

5

,'

.

30

2%
39

.

*

$7 preferred

Light

1

10

May

29% July

50

—•

& Elec class A com.

Penn

3 Va

1,100

,

18%

31
3%

Pennsylvania Edison Co $5 series pfd_*
$2.80 series preferred..

24

—

.,—.—25
1

Airlines common.——.,1

Cent

'

Jan

90

—

V5

.

—*

common.

A__

Pennroad Corp common

5

——

Pictures common—,„__1
Society A——...
—1

Ward A__
i—
Montreal Light Heat & Power..

For

Nov

Apr

11

—5

5%

—-

—

Tool——I—.16%

Montgomery

National

Jun

6%

80O

200

"

National

%

87

.100

6%

Feb

Monroe Loan

$6

Nov

52%

21

72%

1st pfd— .100

8%

45%

ft

...1

Corp

Monarch Machine

.

21

Jan

% Mar

Jan

•

National

Jan

Oct

2*2

47%

Jud Voehringer common—__2.50

National

Sep

88

10918

104%

.100

preferred

Oct

13%

; 2 ft "

Mississippi River Power 6% pfd.—100
Missouri. Public Service common:—...•

6%

Feb

Apr

70

.100

called

preferred

Power 4 % %

Ohio

Penn

Pwr &

Co

Jun

112% 112%

preferred

6y4

6%

.1

—

& Mfg........—_*
Light 7% pfd—.100

Mining

Minnesota

Muskogee

3%

& May
3% May

1,200

5%

Apr

15% May
15% Mar

250

17%

%

50 %

—

10%

Feb

50

1,830

4%

Jan

5% May

17

400

1%

Supply.—14

&

Minnesota

Mountain

Jan

14%

%

700

3%

NOV

90

88%

6%

Mining. Corp of Canada.——'ft .*—■■-

Montana

Nov

3%

%

200

91%

17

common—.

1st pfd.,
25
preferred—
25
Pacific Lighting $5 preferred———.—*
Pacific Power & Light 7% pfd——100

30 %
1%

————.—10

Piping

Monogram

Oct

Feb

1/128 Mar

8,500

10%

17

Jan

15Va

*

,————.50

Mid-West Refineries

Molybdenum

Nov

Jun

600

99% 101 %

"4%

•

Nov

14,300

300

2%

class B

Ohio

Jan

Jan

8

common——,——(

Mid-West .Abrasive

Mock

Jan

7%
37

Apr

'

Co

102

19%

Products—

$2 non-cum dividend shares
Midvale

6% July

80

%

86

101%

25

1

preferred

Parker Pen

Midland Steel

Jan

19%

91

pfd-100

Jan

<•

—

25%

—

1%

4%

Jun

70

3

3%

4%

4%

16

300

7%

"% ""%

Apr

100

Jan

100

7%

'

Oct

V-

91%

20

%

„

Jan

May

63%

20%

3%

ftj

100

74

%

64

400

—

ft—
4%

.

81% May

11% July

2%

6%-

,

10

30%

aY

5%

.—...10

Feb

Nov

%

%

%

Feb

12

50

47

8%

5

class A

Jun

3%

$5%

Va

;

Vo.ft

Apr

2%

5

———.100
10

:

Power

$6

Ohio Oil 6%

$3

99% July

.———......

Jan

3 Vis

Jan

Jan

37

86%

200

——2.50

Michigan sugar Co

1%

Oct

18

—.—50

Co

Corp

Co

Brass

Pacific

Michigan Steel Tube

16

Apr

1%

O

Jan

26

%

87

3

~9

%

—'

97

30%

•

Central Texas Oil—...

preferred—.

Apr

iy4

*

700

45

45%

*

Indiana Public Service 6%

7%

%

4i Jan

200

.

—

—

.—.—1

Michigan Bumper Corp.—

1

•

..

12

1%

50

Utility

American

Penn

1%

*

common

prior preferred

6%

94

1

1

300

33

*

North American Rayon class A..

Sep

3%

—

—

1

25c

Corp

17%

1 %

2%

—

—-—1

preferred—

A Mar

800

5%
•

...100

Messabi Iron Co.
Metal

4%

5y4

,

—

100

7%

& Power common..1

North Amer Light

Oklahoma

Merritt

200

Oct

Jan

1,000

115

2%

1%

2%

100% 101%
37

Jan

Apr

2% May

—

112'/a

2y2

5

.

>\

—

113

*

Co

Memphis Natural Gas'

Jan

Oct

aa

100

68%

1
—5

Electric

Noma

States

2 y4 May

600

3%
1%

3%
1%

-

—

Dredging—..

Johnson

—

Apr

87

Ogden Corp common
Massey Harris common...

50

Nov

100

^

'

—

800

16

*

—

Pipe Line

2

Nov

60 Va

~~% "fto

Corp B

Northern

11

13

97
87

5
100

——

Northern

Sep

3
Apr
10% Mar

1; 256 Mar

preferred

Niles-Bement-Pond

Sep

Jan

Jan

4%

100

11%

10
100
.100

Niagara Share class B common

Nor

1

—

7% Aug
101%

17

—'

100

preferred—,
preferred
optional warrants
optional warrants—

1st

:

5%

Oct

8%

;

...—*

.....

Apr

Jan

12%

—

5

Power common

Jan

27

80%

30%

1%

~r«*»

pfd-100

pfd

Service 6%

Novadel-Agene

Mass Utilities Association v t c—..1

McWilliams

Oct

IW Jan

57%

58%

1

Transit Co—;

Niagara Hudson

North

Oct

Apr

7% Aug

—

-V-

...

shares

Water

Jan

1

Com¬

,

Margay Oil Corp
Marion

—

27/e

Co.——
Marine

Ltd.

Co

Oct

1 %

12%

*

7% preferred—100
•

N Y State Electric & Gas $5.10

Northern

—

*\

Mfg

International

,

m

preferred..——•

Consolidated

Marconi

Oct

9

Y Shipbuilding Corp—

•Founders

North

—1

...

convertible

$5

"

—

10

preferred

6%

;

—

__

10

Rosario—

& Light

Power

,$6

Class

Manatl

.

2%

Merchandise

Y

Jan

Ludwig Baumann-& Co—
Conv.

Aug

4%

Apr

19 Va

600

*

common

Oct

1

250

2

Co

26%

Omnibus warrants—

Class

Feb

8%

Va May
14% Aug

'

4

14

57/s

Nov

24

19%

•
1'

Mar

1

Jan

20%

y4

100

21

Exploration.—

1,200

6%
19

11

2,300

%

%

100

& Light $6

N

,

-ftr Nov
27%

Apr

13y4

50

12 y2

7%

7%

'

21 %

——1—

City

Feb

5

iV Jan
20

°/8

—5

Packing
Power

200

6 Va

18 y4

3% May

3,700
1,800

Va
24

6y8

I,—•
*

preferred class B—

Louisiana

4%

aV

_...—•

Corp..—

Louisiana

4%

18 %

150

* 2%

23%

Inc 6% preferred—25*

Long Island Lighting common—..
1% preferred class A
Loudon

9% Mar

5

common

Auction

Y

Jan

•

.

Y

25

—

1

Land

Arizona

&

Mexico

26

Nov

1%

2 Va

—

1

Locke Steel Chain
Lone

Feb

84.

Feb

%

.——25

N

2% Mar

Jan

'

25
_

Material Co—

Brothers

16

Apr
Oct

1%

•

_

(R G) Inc

Lipton (Thos J)
Lit

,

Development

Le Tourneau

May

1

Mar

113

Apr

6 %

„

—*

Zinc

N

Nov

2

♦ '

common

New

July

7

1

B

Leonard

102

13 y4

Langendorf United Bakeries class A—*
Class

Jan

5 % May

100

.—100"

common.

Lefcourt Realty

% Aug
11

Aug

2%

100

„

•

Co

Inc common

New Jersey

43% Mar

19 %

6%* *"'7%

19 y4

—100

Ltd—.—x

Lakey Foundry & Machine

Idea

Clock

Haven

New

Mines

~3%

Hieh

Feb

84

100

Tel & Tel

England

New

Lake Shore

%

9% Aug
102 % Sep

200

,

3%

*
100
*

England Power Associates

New

New

Lackawanna

400

'

1st preferred—x—100

convertible

—

*

Co class A

Mur

Low

U
11

10%

——

*
—5
*

(Herman)

Range Since January 1

High

%
11

100

1st pfd

Nestle Le

Shares

30o

preferred

Power 1%

for Week

of Prices
►J 0 9

'—*

Co—

Corp
Neptune Meter class A

Kresge Dept Stores—
i'/o

Oil

Sep

7%

—

4

4

1

x

preferred

Hoppers Co 6%

—

Radio

Union

National

% Mar

9%

200

10%-

Sales

Range

Par

7%

10%

-

.

Week's

Last

Sale Price

Nov. 20

High

A Sep

*
——10

common,

Low

High

Friday

Exchange

Curb

Ended

Week

Range Since January 1

-

——1

Rubber Co

(I B)

STOCKS
York

New

Shares

of Prices

Sale Price

20

Nov.

for Week

Last

Exchange

Curb

Week Ended

Sales

Week's

Friday

STOCKS

Puget

Manufacturing

•
•

Apr

109

Feb

106

Apr

111

Mar

Mar

108 %

Jan

52 V2

Feb

Nov

16 %

Jan

96 %

110% 110%

10

103% 106%

106

48%

375

87

48%

1,525

35

44

Oct

•

6%

5

8% May

8% May

6% July

7%

10

—

'

Nov

THE COMMERCIAL & FINANCIAL CHRONICLE

1848

Week's

Sales

Last

Range

for Week

Bale Price

of Prices

Shares

Friday

STOCKS

Exchange

Curb

York

New

20

Week Ended Nov.

Low

Par

STOCKS
New

Range Since January 1
Low

High

York

Co

Power

Quebec

72 Va

72 %

20

146

146

56

Apr

10

72'/2

139

May

8%

Friday

Exchange

1074

ft
77a

350

74

3/a

500

83/4

High
3/s Aug
Nov

200

8 74

Apr

14 7a

Machinery

*

11

12

300

972

Apr

12

**1%

"2

700

41%

41%

100

39

7a Jun

47

48

1,100

26

1
-1

Oil

1%

50

6%

Sep

1/4 "874

15

45 7a

Feb

Apr

50

Nov

Feb

11

Feb

77a

♦

Corp

Jan

274

103/4

r-

25
com

Jan

97a

Sep
1% May

Jan

200

87a

Nov

Oct
Nov

iVMay

2.200

Low

74 Mar
14%

Swan Finch

ft

Range Since January 1

High

147a

Sun Ray Drug Co
Sunray Oil
57a % convertible preferred
Superior Oil Co (Calif)

R

Low

*

Superior Port Cement class B

Radio-Keith-Orpheum option warrants-

Shares

5

Corp

Sullivan

Oct

for Week

Co_.

Jan

150

Apr

(Hugo)
(S)

Sales

Range

Par

Nov

737a

Week's
of Prices

Last
Sale Price

20

High

Stroock

*
100
*

Curb

Week Ended Nov.

Stinnes

Quaker Oats common
6%
preferred—

Monday, November 23, 1942

Railway & Light Securities
Voting

10

common__

Railway & Utility Investment A___—1

%

•

4

Raymond Concrete Pile common,,
$3 convertible preferred
Red Bank Oil

Reiter Foster Oil Corp

Electric

Republic

Engineering

Stix

Goods

Dry

Richmond
Rio Grande

Taggart Corp common—
Tampa Electric Co common

1

Cable Corp

Rome

Petroleum

Root

100

7a

Oct

Power &

1974

200

7b
3%

2,800

Oct

17a

Jan

Thew

3,000

37a

3%

Texon Oil

7j July
14% Apr

500

.

Light 7%

Ryerson & Haynes

common——

Shovel

Co

173/e

300

14

474

4%

300

3

2%

23/4

200

—5

common

3/4

s1*

Apr

78

Nov,

Jan

113/4

Nov

Tobacco

&

53/4

Jan

Tobacco

Product

Oct

Tobacco Security

1,600

193/4 Nov

113/s

Jun

x67i

72 Mar
Va

Allied

Stocks™.

1

Jan

74

Jan

Amer

Amer

dep

def

833/4

84%

50

85

77

95

May

10% May
200

8

8

378

774
2

Jun

600

174

Apr

15

300

9 74

48 7a

49%

300

27b
2%

2,100

2 7b

2%
,•1474

15

Jan

972
43/a

Apr

100

27a Mar

Jan

3%

Oct

Jun

173/a

Nov

Aug

5 7i

Feb

Feb

Apr

2

7a

Jan

49

Oct

Jan

37a

Apr

•

474 Aug

reg

;

Shipyards Corp
Toledo Edison 6% preferred
7%

474 Aug

1

__

Jan
Feb

—•

Nov

1

Tonopah Mining of Nevada

Oct

95

367k Mar

53

Jan

Trunz

Inc

15

Tubize

Chatillon

133/4

Oct

100

23/4

Feb

33/4 Mar

37a

700

3 7b

Jun

57a

Feb

3%

33/a

33/a

800

1%

Jun

37a

Nov

%

200

74 July

li

577a

Nov
Jan

Mar

x103

Jan

Mar

111

Jan

lY

A

1

—10

5 7a

'

800

Va Mar
33/4 May

A

"4

Corp

Oct
Nov

7%

"47a

800

3

Jun

5

39

550

29

Mar

39

200

1

Jun

Feb

1

=

7a

Oct

Class

A

1

Tung-Sol Lamp Works
80c convertible preferred

37%

1

1%

1%

674

672

300

2 7b

1,300

1%

600

—

*

T

74

13/a July
6

Nov

1,600

—,

Jun

Apr

6%

A

%

Apr

1,600

6

7B

——:.—•

74

700

17s

warrants—
.

%

1

5 72

J

May

372

200

95

-1

Transwestern Oil Co

Tri-Continental

3%

66

85

Trans Lux Corp

Jan

37a

62

100

Jan

33/4

62

100

preferred

15

27a

Nov

87/b

Jan

12 74 Mar

Apr

Jun

%

Trust Co Ltd—
dep rets ord regis
recs

86

40 V8

*

3% Mar
20

ey8 July

_•

Exports

July

Apr

5 74

100

74

%

17

—

TUo

27b May

300

6

.

Roofing Inc—
———1
Tishman Realty & Construction—.
•

10

1

-

300

pfd

& Land Co

9 72

-2 72

Aeronautical Co__—
Consolidated Petroleum—

Ryan

Ryan

374

Texas

—...
—

37a

Apr

3 Va

1

Russeks Fifth Ave—

20

517a

49 %

Royalite Oil Co Ltd—*.

99%

45

1974

Typewriter

Royal

997a

—2

20

"%

.—20

preferred—

$1.20 convertible

Jun

467a

5

.—*—

Jan

167a

467a

1-5

—-—-—

Co

2V»

700

1,400

•
Technicolor Inc common-—-———*

♦

Roosevelt Field Inc

3,900

8 7s

Apr

—

common-—

2%
187s

73/4

167a

15/b Aug

pfd D„ ._100

Rochester Gas & Elec 8%

2%
173/a

127a July

Todd

Roeser & Pendleton Inc

2%
17%

...7%

50.

1

Valley Gas Co v t c

Oct

127a

1

Radiator

Sep

1278

—i—1
1
—*

Manufacturing Co—

Rheem

Rice

&

Aviation

41%

12%

—*
50c
5

Reed Roller Bit Co
Reliance

■

1

Co

74

Jun

46%

10
*
*
Raytheon Manufacturing common__50c
Packing Co. common-—

Rath

Apr

% Jan
40

674

Oct
Oct

Aug
472 July

l3/4

Feb

774

Oct

2

3

U
1

Udylite Corp.

27B

ft* ft*

A

Jan

174 July

1%

Nov

3%

5

Jan

3% Aug

7%

Jan

2

2 7a

Apr

Sep

'

St

St

Corp Ltd-

Lawrence
Class

$2

A

Regis Paper common
preferred

7 %
Salt

Oil

Dome

Corp

Mills

Sanford

common

—

Savoy

Oil

Co

Schiff

Co

—

Scovill

100

-,ji

25

19%

207a

preferred

Electric
Lace

Scranton

$6

Steel

Jan

%

Nov

17

17

Jan

12

Apr

87b

800

Apr
Nov

Jan

20 7a

1972 May
111

—-—♦

%

50

Mar

153/4

27

19

United

Corp

70
100

43

77a

—*

-

77B

40'

43

29

69

July

674

Bros Inc

Seeman

Jan

9%

Sep

■

Lock

Segal

27

Hardware-——:.

&

1

-

Shoe

Co

%

$5.50

467a

Mar

7a
'

Jan

1st

Oct

Sep
74

% Jan

Nov

700

1

Mar

5

Nov

300

48 74

"-.III

38

Apr

51
51

Nov

600

7a

2%

2%

23/8

1,300

47a May

57B

Feb

4

Jan

Sep

9%
25

77%

75

75

pfd series AAA——.u.100

113

110

113

Feb

59 3A May
110
Jan

1,110

12%

Nov

787» July
115

Silex

Co

of

*

Canada

6%

•

'

*

—

— -

93%

Sep

872 May

—

11

Jan

Aug

Simmons-Boardman Publications—

convertible

$3

Sioux

Gas & Elec 7%

City

Smith

(H)

Aircraft

Solar

Manufacturing

Boss

If—,

—

*.«•

"

.130

Apr

1%

'■

1774

July

90

.

——

II-1

1

•

'

'

2

Apr

874

Mar

182% Oct

Feb

274

Nov

25

8%

8 74

Co.——

10

17372 17372

pfd— .100

Apr

"

'

__£1

—

'

'

■

.100

—

1574

'

ft--*

III1

Paper Mills

Solar

Sonotone

•

preferred—

Simplicity Pattern common
Singer Manufacturing Co
Singer Manufacturing Co Ltd—
Amer dep rets ord regis

90

Nov

Nov
Nov

874

Nov

2

274

500

172

Jun

3

Apr

U

Nov

2

2

2%

300

1%

Jan
Apr

27a

1

2 74

Nov

common—.

1

2

2,

2

100

172 Sep

2%

Apr

1

1

Co—

Corp

Manufacturing

South

Coast

Corp common.—

South

Penn

Oil—

'■

/

•:7

Li'

400

17/b

Jun

3%

Oct

2,300

27%

Apr

363/4

Oct

25

2

Jan

27

3%

3%

Pa

36%

—

Pipe Line

36

36%

.

—10

—

'■

California

Southern
5%

original

6%

Edison—

';t;

preferred B

5 7a%

1

—25

Colorado

Power

class

$3

2974

29

—25

27%

27%

Southern

New

-100

30

39

2974

42

2974

23 7a Mar

277a

300

74

F^b

0/4

""
—

—

,

42

Mar

105

May

122

Feb

Southern

8%

Royalty Co__
Spalding (AG) & Bros
1st preferred—

200

6

Jun

774 Mar

17a

500

1

Aug

6 72

100

7a.

%

•
,,

22

23%

60

*

2%

2%

2%

200

preferred

10

Oil

Standard

(Ohio)-—5%

Power &

.7

2

1174

200
200

9%

1%

100

Standard

Products

Standard

Steel

Standard
Starrett

Tube

Co—

class

Stein

& Co

5%

1st

10%

United

Shoe

2d

4%

474

2%

2%

and International

U

8

Rubber

$7 convertible

For

footnotes

see

Wall




87a

Jun

100

Apr

7

274

Sep

372

Jan

8%

Apr

700

A

Sep

i\

Nov

May

617b

Nov

60

300

9

~2 Vb " 5 7fl

100

Va

Apr

20

20%

110

12%

Feb

;

1%

1%

1%

7,900

%

%

73/4

500

1
8

14 74

1474

common

1

29

30

Universal

Products

Co_

7%

i—

7%

$4

convertible

Feb

Jan

51%

300

"%:

800

45

100

%

%

%

167a

16%

25

,4%

4%

1,400

473/,

83%

67b

43/4

Jan

%

Jan

Feb

47

100

Aircraft

Waitt & Bond

37b

Jan

Walker

class A

Wayne Knitting

Mills—

Apr

17%
5 7b

Oct

60

413% Aug

9074

Jan

8%

100

7 7» Mar

67a

100

33/»

Wellington Oil Co

700

Inc

Nov

Weyenberg Shoe

600

2

Apr
A Mar

46

Apr

'*"274

"2%

200

Aug

Willson

Jan

Wilson-Jones

Aug
Oct
Oct

">8 "%
2%

2%

27a

300

8

Apr

Feb

7%

Oct

4%

if Jan
900

200

li
2

357a Mar

172 Mar

Apr

1

Jan

Jun

37a

Jan

Products

Mfg

Portland

(F W)

300

57<

4,400

Jan
Nov

27/b Jan

472

Nov

2

Mar

5 74

Nov

Oct

872

5%

100

13%

75

5%

5%

100

Mar

Oct
Oct

75

15% Aug

16 7< May

25

12

Mar

13 7a

574 July
53/4 July

57/a

Feb

67a

Jan

874 Nov

Nov

Oct

:_1

♦

5%

Sep

•

1

Aug

27a

8%

Jun

12%

Jan

63/b

Jan

7a

Nov

104%

Nov

:

Light 7%
Cement

1

8%

.8%

9 Va

-

600

pfd„100
;

receipts—

•

*

Jan

*"

~374

200

9

Jun

4

Jan

Feb

5

July

3 7b

"3 74

Mar

4

"374

10

5s

9

94

1

Wright Hargreaves Ltd

2%
1003/4

13

2l74

13%

1

Ltd—

deposit

~4

20

10

Wolverine

474

Oct

Jan
Jun

Heating—

Inc

&

_4
4

10

Woodley Petroleum
American

:

■.

1%

6174 May

10

Co

Power

Feb

87z

—20
—

Wisconsin

Woolworth

5

:

Oil-O-Matlc

3%

2

7

~VA "7 7a

Williams

II

1

.

———20

Wichita River Oil Corp
Williams (R C) & Co—

9 Va

31

,

Inc

Jan

86

—5

Coke

72

3%

"2%

July

7» May

7b May

Va Mar

Coal

&

8 72

Feb

Jan
Nov
Mar

1

Westmoreland

,

Feb

A

""74

5%
6 78

81

1

-

Westmoreland

3

Apr

1374

Sep

2%

Mar

6

II

manufacturing
1.25
Utility $6 preferred—.
•

Coal

Jun

5

May

Jan

Jan

Feb

9% NOV

9

Nov

Va May

22 7a

U Nov

5

—.

7a

Apr

Oct
NOV

Apr

79

rw

1

:

6%

8

%
47

Apr

—•

Co—

A Mar

100

1V2 Mar

Jan

%
13

—*

Mining

Va

Apr

Oct
Jan
Jan

3 Va

*

Co

Wagner Baking voting trust ctfs, ext—•
7%
preferred
100

West

Sep

33/a
62

W
Waco

4% Mai-

"974 "9%

3a

A Nov

i«

Jun

Apr

33 74 Mar

1,400

Western Maryland Ry 7% 1st pfd—100
Western Tablet & Stationery coin—:
•

74

41

1574

172 Mar

1

Class B_.

272

1 Vo

Jan
Nov

—

1/64 Jan

Jun

Jan

8%
26
30

45

A

5

Virginia Public Service 7% pfd
Vogt Manufacturing—

Texas

46

572 May

Oct

Sep

""%
45

——1

preferred

Petroleum—

Wentworth

400

Jan

Mar

1

19 V2

'

Oct
Oct

%

37a
7/a

27s

1,

% Aug
May

"~V4 "A'

13/4

Jan

14

49

—10c

Valspar Corp common——1

West

13%

A Oct

Jan

10

497a

;

.

A Apr

Nov

25

5

Light $7 preferred-

stock

74 July
2072

50

_

common

*

Jan

150

.

Products

47t

7/a

100

Insurance

priority

Jan

174 Nov

PA

*

Pictures

Utility Equities

Jan

Nov

9

—_—2

Sugar.—:

Jan

30

Oct

600

4 %

Apr

400

%

1,400

43

H Aug
1% May

Universal Corp voting trust ctfs—

Radio

3%

1,300

29 7B

Universal

Power &

Oct

67/a

Universal

Utah

627/8

453/4 Aug

May

2772 Mar

—

Utah-Idaho

Jan

5072 Mar
38

50

%

Paper

Apr

4

Sep

Sep
Mar

A

800

78

B

250

300

Vs

Universal Cooler class A__

Aug
7b Mar

2 3/a

50

29 7b

*

Jan

*

1849.

85

—50o

preferred—

Western Air Lines

20

page

72% Mar

common—.——50c

United Stores

Class

9

•

Western Grocer Co

1

common

1—

Feb

—1
Co

Nov

1

Sep

1

B)

Jan

26

4%

18

557a

-20
...

Reclaiming

56

Iio

preferred-—.
conv preferred

common

Jan

50

Inc

*

Plywood $1.50

United

23

May

3

.73/4

A

warrants..

U S Stores common,—

1st

Apr

21

1,000

7%

Securities.

1st preferred with

Jan

1

(J

43 Va

1

127a

Sterling Brewers Inc
Stetson

62

1

Inc

Oct
Oct

% Oct
A Sep

/,/

78 Mar

10%

Jan

50

•

61

5

Lines

»3«
100

25

43 7a

B

U S Radiator

Jan

13/4

617a

common—:

class

Graphite

1472

Sterling Aluminum Products
Sterling

80

common

Foil Co

110 Va

9

;

26

S

Apr

common

preferred

100"

244

25

Feb

7t'

126%

Jan

7b Mar

2,200

26

;

25

common

10

6%

Apr

33

CO n

•'

1,000

74.

S

S

ft—4ft

20%,,

74

U

U S

*

19

..

20%

United Specialties

$5

'

80

.

U

U 8

"

10

Machinery

Preferred

103

*

preferred

i

74 1

'I '

100

50

"674

97%

400

'*

1

25c

1,300

,

6%

Co

1,300

1

Sterchi Bros Stores

& Canal

%

,2174 x22

Oct

1% July

12%

6%

1 Va

Ltd—

11%

X2274

Oct

Jan

A

3,800

33
■'-ft-ft

^

74

9

preferred

Co

'A

(The) Corp voting trust ctfs—1

(A)

I,

*

11%

.r—5

Steel Co of Canada

Va
■'

•--

Sharing
preferred

Jan

12

ll0

9%

5,500

11674 11774
■

ft***

•

♦

Profit

2

1

B

1167Z
'

—

Products

United N J RR
United

14

3^2

Feb

Jun
Jan

7

dep rets ord regis

Sep
10% May

1

Nov

1/64

—

%

—

,1274

1

Spring

500

*

A.

common

10

*

Silver Lead

Standard

*
...„

pfd—.—100

B

Molasses

Apr

*

1

Nov

l3/a

.

Preferred

Oct

23%

1% Aug

1174.

13/a

3/64

4

%

7%

20

.

Common class B

1

100

pfd—

Light

1174

I

$1.60 convertible preferred—
Standard Oil (Ky)
i

A
V8

400

2

—

Standard Dredging Corp common

3

Oct

1%

1% May

•

—

%

Jan

Jan

1/64 Jan

Jun

Va May

10,300

—

Sep

67a

May

10

—

Brewing Co
——2.78
Standard Cap & Seal common
1

Standard

274
29

Jan

>7

1

Standard

Convertible

23 7a May
5
Jan

1

Corp.
Inc

678

17a

5

Spanish & General Corp—
Amer dep rets ord regis

Stahl-Meyer

Sep

————-25

Southland

Spencer Shoe

5

7

•

—

preferred A—

100

6

in

Southern Union Gas__

5%
774

53/4

%8

3/64

'

—

—:

& Power

class

Venezuelan
—10

Feb

573/4

Oct

Oct

.

England Telephone.-100

Phosphate Co
Pipe Line.

7a

Jan

774
15

Jun

Nov

39

"

^

Southern

%

Jun
Mar

Nov

24% Mar

100

,

■-

574

Jan

600

277a

%

30% Mar

1,400

Feb

11

—ft

Co

participating

Amer

$5.50

39

A. —25

preferred

Mar

'-'.V

—25

preferred series C—j

Southern

7%

preferred

■■■

7

'

*

& Elec

Utah
Southwest

6%

'j

■

Jun

57%

Stores

preferred

1st

United

Jun

'

•

common

—

ft-**

—

warrants

United Milk

U

Sherwin-Williams

6%

i__ft

preferred non-voting

Gas

Common

Nov

2

»

common

A

47b May
4% Feb

L——5

.

Apr

100

5
—

—•

warrants

United Light

Nov

Apr

1

Mining
Sbawinigan Water & Power

$7

Option
United

Jan

574
12

381

Denn

5% .cum

1,450

4

;

Seton Leather common—,—

Sherwin-Williams

74
3 3/4

Serrick Corp class B

Shattuck

274 Mar

.—25

certificates

36

A Apr

400

—5

Safety Control

Sentry

1,500

1

common.

prior stock—;

Allotment

A
47s

872

stock

July

2672 July

—

Selected Industries Inc
Convertible

300

27

474

474

Seiberling Rubber common—.

Selby

niiii

United Gas Corp common

Jan

% Mar

I

i

5

pfd

United Elastic Corp

$6
Securities Corp General—————1

,

****

"ft*—

common

Cigar-Whelan

—

•

Products.

& participating

United

—

'

*
common

Aircraft

cum

ft* ft*

...

common

Chemicals

Oct

Aug

Brook Water Service—

Co

United

1%

—-ft

10

Canada—

United
$3

IOC

Nov
Oct

113 72

Oct

Gas

Union Investment

Nov

A Feb

625

26%'

2674

Apr
72 Sep

10

preferred——*

preferred,:

Scullin

'

25

25

common

Scranton Spring

33/4

4,900

Manufacturing

Scranton

$6

1174

7a

of

Jan
Nov

19

1174

Union

272
1217a

1% July
74 Feb

1,100

—*

Corp
Manufacturing Co

Sep

Sep

105

300

%

——1

common—

Convertible

23/s

%

Unexcelled

%

17» Aug

325

2 74

274

1

87a May

Sep
May

——5

:

(D A)

10,300

120

*

—

common

Schulte

117

117

1

Co

United

13/4

1%

17a

——5
i—.-100

—

Samson

%
8 72

•
—50

pref—

conv

Realization

Ulen

Apr

6% Nov

•

?

2

"l%

"2

6,200

172 Mar

274

Jan

Volume
t;

THE COMMERCIAL & FINANCIAL CHRONICLE

Number 4127

156

1849

i!

NEW YORK CURB
Friday Week's Range
Bonds
or Friday's

BONDS

York

New

Interest

Exchange

Curb

BONDS

Range Since
January 1

Last

Sale Price Bid & Asked

Period

20

Week Ended Nov.

Low

Sold
No.

High

Low

s

s

3'%s

3%s
Amer

debs
f debs—

f

f

s

1960

—

!—

6s

Paper

Elec

Appalachian

—2016

6s

deb

Lt

Writing

J-J
J-J

—

—1970

3'As

Pow

1961

—1953

—

4%s

Elec

Associated

5s

§Associated Gas & Elec Co—
AConv deb
4%s

3

126'/2 126'%

17

107'A 107%

6

105

107%

46 %

158

38

47'%

M-S

$12%

13'A

7%

14%

12%

12%

137%

24

7%

14%

F-A

12%

12%

13%

49

7%

14%

F-A

._1955
1955

—

Bell
1st

...1947

69

'

——

'

69%
108%

10

mtge

3s

1st

Ohio

Public

Service

Oklahoma Nat Gas

1957

70

Park Lexington

557A

108%

J-D
M-N

105

114%

2

Power

&

Light

1st

112

152'A 153

3

M-S

103'/a

103 ya 104

16

J-D

101

101'A 102

17

1953

M-N

y2

Rapid

4'As

States

_

Elec

1st

104

§AChicago Rys 5s ctfs
Cincinnati St Ry 5Vis A
6s

deb

Conv

:

101

12

ll7/a

13%

103

4

13%

M-S

12

ll7/a

13%

148

4

13%

J-J
F-A
A-O

100

100

Corp

40

59'A

98

5

100
105

Service

3 Vis

& L

P

102%

.1952

M-N

83 %

.1949

J-D

83'A

.1951

M-N

1st

&

1st

&

5s

ref

5'As

87%

Safe

69%

84%

San

82'/a
83%

25

69'/a

83%

84%

14

72

84%

83 %

258

62%

5%s

Lt

&

Consol

El

Lt

Gas

Pr

7s

A

& Pr

96%

83 Vi

69

64

96 Vi

series N—,———
mtge 3s ser P

3'As
1st

ref mtge

series

New

.1969

F-A

.1944

J-D

.1955

M-S

Vi

104% 107%

102'/a

$102

series

1949

Cuban Tobacco 5s

„

3%s

Packing

—

$68%

1st

4'As

60

70

93%
70

Sheridan

1949
1950

...

1952
..1979

Electric

Water Lt

Empire

District

El 5s

F-A

89

M-S

M-S

81

88%

.2030
.1956

5s___—

& RR 5s__.

80'A

.1952

& Light

Power

Elmira

M-S

80'A

89'/a

50

123'A 123'A

.1956

54

5

79%
68%
122

.1954

Service 5Vis

102'/a 102'/a

M-N

California

6a-5s

.1961

Florida Power Co 4s ser C

General

1969
1953
1948

3%s A

Power

Pub

A General

105'A 105'A

Serv

5s

6s A

Rayon

:

103'A

103'/a 103'/a
92 Vi

41

A-O

$96

$--

1978

6s

1965

5s stpd

Great

Nor Power

Green

1950
1963

Mountain Pow 3%—

West

&

Guantanamo

Conv

89

Vi

89

50

89

Vi

89

28

89%

85%

53

81%

90

108'A 108%
102

96

67

81%

J-J

$43'/a

44'A

39

47

1948

5s

Power

M-N

$19

20

14%

$111%

92

99

83

A-O

Jan 1949

A-O

$92

1967
111 Pwr & Lt 1st 6s ser A
1953
1st & ref 5 Vis series B
1954
1st & ref 5s series C
1956
S f deb 5%s__
May 1957
Indiana Hydro-Elec 5s
1958
Indiana
Service 5s
1950
1st lien & ref 5s—
1963
AIndianapolis Gas 5s A__—
1952
Indianapolis P & L 3'As
.—1970

A-O

110% 110%

4

103% 104%

12

101'/a 101%

14

99'A

99%

47

93%

93%

6

6s

B.

series

'
.

'v'/fe

92

83%

2

Jan 1949

Hygrade Food 6s ser A

3%s

Power

A-O

104%

J-D

101'%

J-D

99'A

M-S

92

J-J

;"
—

'

77'%

F-A

77

A-O

115

M-N

90

2nd

106%

100

78%

27

71'A

78'%

15

71'A
79

5

115

2

106% 106%

103%
83

82%
118

Light

of

--

—

Kansas Gas &

16

7

5

lien

&

N

A 5s

5

5%

West

Penn

West

J

17

15%

17

2

17

17

17

2

5%

17

16

17

8

5

J-J

73%

73%

77%

197

65

J-J

35%

35%

40

31%

A

M-S

106%

26

106% 107

106

16

6%

J-D

64'%

64'/a

65'A

7

1957
..1957

F-A

64%

64 Vb

65

F-A

63%

63%

A-O

23

J-J

12%

14

18

46%

46

46%'

19

38

18

105

6s

107%

M-S
J-D

107'/a 107 '/a

1

106

122% 122%

5

120% 125

M,S

1225

J-J

A-0

$106Va 108 '/a

J-D

110

$112% 112%
109% 109%

112%

'

89'A

105%. 106%
1

107% 109%

5

90

101

M-S

80

1

101
•

New

5

104'/a 105'/a

J-D

2

107

J-D

107

107

J-J

103%

103% 103%

F-A

17
2

111'A 111'A

M-N

110%

64%

102% 106%

F-A

108%

97%

9

98

$10'A

98

110% 112%

14

108% 108 %

97

9%
20

100%
16

106% 111

M-S
A-O

El Assn 5s

1947

M-S

48%

48%

51

51

42

62%

1948

J-D

48%

48'/a

51

13

42

62 ya

1950

M-N

48'A

48'A

51

78

1961

M-N

$107%

109

6s series

113% 113%

2

97'/a

14

97

J-J

113

97%

—

—

43

106

63

108%

1948

A-O

78 Vi

78%

78'/a

32

65%

85

1954




Nov

J-D

83%

83

83%

32

67%

87%

49

76%

49

77

49%

76%

11

49

76%

64%

22

50

76%

23'%

52

17%

.

25

12%

16

3

13'A

15

10%
32

107 ya

107% 107%
108% 109

18

M-N
J-J
F-A

97'%

1952

J-D

1949

J-D

85%

105

7

3

84%

118

86% 101
106

42

86'%

13
107%

106% 108 %
107

2

97%

107% 107%

J-J

69'/s

112% 112'%

108%
88%

111% 114%

1959

A-O

105% 105%

F-A

5%s_1952

97%

97'/a

6

97%

103% 107%

48

82 ya 100'%

(Maine) —
A-O

117

117

115% 118 Va

Co—

1944

F-A

2022

M-N

1954

A

M-S

$95%

94%

97

94%

95

92% 100
10

83%

99

.■

1951
1964

J-D

5s

2030

A-O

1960

4%

J-D

3'As

J-D

5s

5%'

74

2'A

$110% 112
101%

101% 101%

5%

108'A 110%

108% 108%

107

109

99% 108%

<v

108% 108%

107% 117

Union—
F-A

$82

87

69

88

F-A

67

67

67

4

56

74

1937

J-D

79

79

79

2

71%

82%

1947

stpd

5s

J-D

79%

77

79%

71

81%

York

Curb

Friday

Interest

Exchange

16

Last

J-D

$104% 105%

~

Week's Range
or

Friday's

__

M-N

5'%s

Extended

Danzig Port

...1953

:

6%s stamped

City

14'A

J-J
M-S

1951

J-D

of

of

__

15
50

21

46

46

9'/a

21

46

3

Oct

—

.

—

$5
11%
$17%

15%

15Vb

25
20 Vb

A-O

1927

—

44
41

15

,

50
46

13

13%

17%

9%

15%

—,

__

—

1972

1958

M-S

$20

6'%s

1959

J-J

1919

J-D

—

J-J

—

$16'A
$2
$2

1931.

6'%s

A5'/as

25%

34%
33

$18
45

7s

Government

8

6
3

$29'%

J-D
J-D

1921

(State)
Janeiro

11%
19

15'%

$29%

M-N

May 1927

Mortgage Bank of Chile 6s—;
Mortgage Bank of Denmark 5s

ARussian

High

1947

A

de

25
25

—

46

..

M-N

stamped
Mortgage Bank of Bogota 7s

ARio

Low
-

$42%
$42'%

—

F-A

1958

1952

7s

Alssue

.

J-D

6%s stamped_1958

(Peru)
7s

A Issue

:

No.

& Waterways—

AExternal
ALlma

1955

...

5s

/

Sold
'

"

J-J

.

High

Range Since
January 1

Bonds

Sale Price Bid & Asked

Period

—

•

No

r Cash

101% 106

value,

par

—

45

22
16%
2%
2'A

5
—,

—
—

1

28%

25'A
13'%
18

28'A
18'A
45

15
20'A
10% 16%
12%
1
2%

sale,

x

a

d Ex-interest,
e Odd-lot sale,
n Under-the-rule sale,
Cash sale not included in year's range, Easy Washing Machine class

Deferred delivery sale,

Ex-dividend,

y

B, June 26 at 2%.
$ Friday's
A Bonds

bid

in

Abbreviations

"w i,"

asked

and

being

§ Reported

"conv,"
1949

76%

2

27

124%

84

112% 114

$113% 118

Service—
A

49

105% 105%

A-O

103% 105'%

J-D

AIncome

$12

Agricultural Mortgage Bank (Col)—
A 20-year
7s
...April 1946
A
20-year 7s
Jan 1947
Bogota (see Mortgage Bank of)
ACauca Valley 7s
1948

105% 108

100% 104%

1981

Public

61

25

105%

Low

109%

107

1

106

2022

Orleans

A-O

1956

Week Ended Nov. 20

90

98% 101
'

'

105% 105%

M-S

1945

Debenture 5'/as

106

42%

J-J

1960

BONDS

18
54

.1956
1948

New

64

108

I

1957
1951

5s

88

15

109'%

18

J-D

Nevada-California Elec 5s
New
Amsterdam Gas 5s

deb

60

103% 107

17

J-J

1955

England Power 3'As
New England Power Assn 5s

50%

110

41%

29

A Parana

Conv

107

31

17

AMedellin

New

98% 103%

54'A

1 1966

5s

55%

5s

53%

65%

4s.____

Traction

Stamped

5

:

103% 106%

78%

j-J

107% 107%

«ANational Public Service 5s ctfs__1978

102% 105%

17

18

58

Suffolk Ltg 5s

103%

86

99'A 104

65

4'As

Electric

Co

57%

Mississippi River Pow 1st 5s

100

64%

debs

Rys

A-O

...

108%

65

(Delaware)

Power

AMaranho

5s——.

87

64'%

stamped extended to 1959

98% 101%

New Eng Gas &

54'A

A-O

unstamped extended to 1959

1

Minnesota P &h 4Vis—.—,

23

101% 102
$103 'Alio

F-A

6s

99%

4'/is

F-A

—1968

Newspaper

99%

Gas Light 4Vis

102%

65%

Elec 4s_

Penn

Western

J-J

Midland Valley RR 5s

86

17

5

24

$101% 103'%

F-A

1979

series

income

Water

1945
1943
1967
1978

Nebraska Power
6s series A

3

•

101% 102 Vb

64

5'As

gen

Ry &

Wash

Middle States Petrol 6Vis

Nassau &

106'A 106'%

A-O

J-J

1952

6s

Wash

$108% 110

ref

103%

49

77

A-O

5s

Waldorf-Astoria Hotel—

$110'/a 111%

&

~1

103

23

May 1948
..May 1948

A

Debenture

M-N

1st

105'A 105'A

M-S

.1946

Utah Power & Light

M-N

E

Mississippi P & L 5s

J-J

60

84%

6

3'As

cons

series

6s

1965

Milwaukee

J-J

130

53

69

58'%

5s__„^

United Light & Railways

G

series

101%

83'A

97

Light 5s

& Rys

F-A

4s

A-O

$62%

& Power Co—

&

1948
1947
1971

stamped

Mengel Co conv 4Vis
Metropolitan Edison 4s

101%

2022

&

Power

Light

1st lien

16

17

McCord Radiator & Mfg—
6s

A-O

$129% 132

112%

129

—

58'A

Rapid Transit 5%s

City

108

__

;

82

75

23

81

M-S

Danish

Dist Pow 3%s
5s

Louisiana Pow & Lt

80%

ill'A ill'A

97

A__

United

17

15

16

$15%

1966
2022
1969
1966
1957

Electric 6s
Light 3 Vis

Kansas Power &

Lake Superior

6

16 *"■

J-D

1965

Jersey Cent Pow & Lt 3 Vis
Kansas Electric Power 3Vis

81

111'A

deposit

Service

Electric

105% 107%

16%

96% 102%

Industries—

Edison

§AYork

F-A

103%

17

M-N

stamped

United

104%

88% 100
;

103%

98

M-S

6s

Power Sec—
A6'/is series C
——1955
A6J/is (Dec 1 1941 coup)
1955
A 7s
series E
;
1957
A 7s
(Aug 1941 coupon)
1957
A 7s
series F
—
1952
A7s (July 1941 coupon)1952
Interstate Power 5s
1957
Debenture
6s
1952
Iowa Power & Light 4Vis.
1958
Altalian Superpower 6s
1963
A Jacksonville Gas
(stamped)
1942

§International

A-O

98% 106%
93% 105'A

$102% 104

M-N

98

7

102% 102'%

J-D

1946

Power

Twin

107% 110%
i

150

27

A-O

stamped

Water

1st

Idaho

132

102% 103'A

;

109% 111%

—

92

J-D

105% 108%

2

102 Vb 102'/a

..

J-D

-.1950

series

6s

19

1966

& Pwr 3 Vis

138 VA 139

J-D

Corp inc

United Lt
Houston Lt

&

(Hugo)

Toledo

79%

104'% 106%

1989

Dec

Electric

Texas

Tide

99

5

12

..2022

6s

:

Certificates

92%

40

108%

Electric—

debentures

3d

7-4s

$75%

99

102%

1970

5s
(Hugo) Corp—

7-4s

100

1

Vi

L

&

&

stamped

gold

Stinnes

1

$108% 112

F- A
J-D

6s

Stinnes

93

106

1951

P

Gas

Standard

106 y8

1958

6s—

SAGuardian Investors

J-J

J-D

.1951

(A G) deb 5s

AStarrett

J-D

Products—.......—1945

Grocery Store

91%

91%

50

M-S

77

8

88'A

M-S

4s—

104% 105
107% 108%

..

M-N

1970

Rys 4s

(stamped)

Texas

91 Vi

J-D

Coal

§AGobel (Adolf) 4Vis ser A___—1941
Grand Trunk West 4s
1950

Alden

79%

79%

71%

29

(Calif)—

6s

60

9

107% 107%

139

1971

Debenture

90

98

J-D

Georgia Power & Light 5s__.
Glen

91'A

J-J

3'As.

Gas

Gas

Indiana

Spalding

102% 104%

34

91%

J-J

107%

1965

6s

102'A

3

77

109% 112%

1957

3s

mtge 3s

Debenture

$46

J-D

.1954

Florida Pow & Lt 5s
Gatineau

M-S

.1966

stamped

97%

107% 111%
2

1947

6s

Southwestern Gas & Elec 3'As

92%

A7

87'A

5

1967

5s—

Edison

Counties

1st

123 %

Finland Residential Mtge Bank-

97%

1951

Coal

Southern

86%

96% 103%

111
116%
104% 106

1951

Power

Southern

6s

Federal Water

106% 108

1970

California

104% 106'A

106'/a

$105

105% 108

1

1952

6s

D

Wyoming

Carolina

Southwestern

100'/a 102%

32

104%

2

14

111

77

M-S

____1950

4%s

Estate

series

Standard
Eastern Gas & Fuel 4s ser A

96%
111

J-D

_

125'A

69%

"101'A

101

101'A

72

83%

83%

83%

.20

100

104% 105%

$111% 114

M-N

C___

A
Water

Real

Southern

120

5

121

121

121

97%

.—

M-S

1969

4s__

Joaquin Lt & Pwr 6s B

ASchulte

99% 103%

106 Vi 106

J-D

J-J
A-O

108% 110%

»09% no

__

A-O

'

Jersey—

Scullin Steel inc mtge 3s

South

(Bait City)—

4Vis—

Continental Gas & El 5s

Cudahy

J-D

.1958

2%g ser Q

Gas

Gen mtge

.1971

.1954

...

Consolidated

117% 122

124

1
27

1$7

$105'% 106%

J-D

.

Indiana

4'As series D

Harbor

Southern

.1976

ref

1st

82

$121

(Bait)—

32

104

97% 102%

Queens Borough Gas & Electric—

74%

189

81'/a

ref

M-N

100

20

114% 115

M-S

1959

perpetual certificates
Sound P & L 5'As

Puget

105% 108%

107'A 107'A

J-J

107% 110

—■

107'A 107'A
115

99% 104%

81'A

82 3A

Service

6%

6

82%

813A

A-O

M-S

————

Connecticut

108%
109

102% 106

20

99%

100% 101-%

$105

F-A

__1964

Shawinigan Water & Pwr 4'As
Cities

107
106

of Colorado—

mtge 3'As

of

87%

87'/a

4%s B

(Can)

32
100 3A'

J-J

1956

108%

•

101% 102%

J-D

1950

—

of

100'A

83'A

J-D

1958

_

29

U03
87%

94

2

53

51'/2

53

—1969

5s__—:

100

100

A-O

1950

5s

Debenture

105'/e 105 '/a

M-S

5s

Debenture

5

—

•

E

5s

Public

105'A

J-J

1966

Jan

5s_

Service

86%

J-D

—1927
1952
—1955

B

series

Cities

61

108%

26

106'A

$99

M-N

1962

6s

Co—.

Sinking fund deb 4s

79

10

1953

5%s_

Central States P & L

108

108

102

M-N

1961

Transit

F.

Public Service Co

1948
1954

5s—:
—

-

106

$107% 109

--

J-J

.1972

extended

Edison

series

Power

99'/a 102%

9

F-A

Power '5'/as

Coke

&

stamped

Potomac

100'/4 104
101

82

82

..1955

5s

1970

Elec

117

1964

Gas 3%s

El &

§ A Central
A5Vis

5s

——

1st mtge 3s
1964
Pwr 4%s__._—1977

Public Service
Central 111

50

17

107% 108'A

—

1979

Portland Gas

151'A 155%

$103% 103%

M-S

F-A

F-A

5s

Philadelphia

112*4 115

1

Q-F

Power

1

$106

—

A-O

3'As

114

116% 116%

114

%

116

1998

6s

Northern

54%

108
108

A-O

1948

1962

Pennsylvania Water & Power 3%s„1964

99% 100

—

Birmingham Electric 4%s ___—__1968
Boston
Edison 2%s_
i
—1970
Broad River Power 5s—
1954
Canada

A-O

Penn Central Lt &

5s

—

Bethlehem Steel

108'A

107 Vb 107%

107'A

Aug 1955

4s

3%s B

Oklahoma Power & Water 5s

105% 107%

109'A 109'A

M-S

1960

..

C

series

111%

1C5

114% 115%

54%

M-N

1968
1971

_

Pacific

106

$107% 108

$98 7%

J-D

1950

.—

Telephone of Canada—/'
M 5s series B

5s

High

109

$115

14%

Baldwin Locomotive Works—
6s

Low

112

7

1945

mtge 3'As

Philadelphia
Convertible

$111

v

1st

14%

'

J-J

warrants

F-A

1st 5s

Power

7%

(B. F.)—

& Sons
without

J-J

1969

January 1

No.

$106% 107'%

—

*■'

Ohio

7%

13

$107

69'A

M-S

City Elec 3'As

29

13 7%

$12%

M-N

4%s

Light

Gas

5s

12 7%

12 7%

A-O

—1977

Atlanta

J-J

1948

3%s series A

Ogden Gas

J-J

5%a A

Assoc T & T deb

Avery

124'A 130

1948

...1968

—...

Atlantic

1954

5%s

Utility

Range Since

Sold

High

■

5%s_:

deb

J-J

104% 107%

1950

5s

A Debenture

46'A

46%

M-N

2004

5s

Cont'l

1st

106% 106%

,

1964

Ltg 4s

Bonds

Sale Price Bid & Asked

Northern Ind Public Service—

85

1949

...

AConv deb 5s

AConv

79%

Week's Range
or Friday's

Last

Period

Gas 3%s

Elec &

Westchester

&

Debenture

126%

J-J

4%s

deb

A Conv

4

Y

Nor

86'% 106%

106%

J-J
A-O

•"

& Lt

Pr

85

Y State

N

104

102'% 109

297

98'A

84'A

——

J-D

.-2024

97

Friday
Interest

Exchange

Low

101% 106%

3

107% 107% '
97%

J-J

—1956

Appalachian Pow deb 6s
Arkansas

19

106'A

106

106

M-S

102

Curb

York

Week Ended Nov. 20

N

20

102% 103%

103
-

J-J

debs
&

Pow

Amer

1950

....

New

High

American Gas & Electric Co.—

2%s

EXCHANGE

traded

used

no

sales being transacted during

■

above—"cod," certificates of deposit; "cons,"

issued;

current week.

flat.

receivership.

convertible;

when

prices;

consolidated; "cum," cumulative;
voting trust certificates;

"M," mortgage; "n-v," non-voting stock; "v t c,"
"ww," with warrants; "x w," without warrants.

THE COMMERCIAL & FINANCIAL CHRONICLE

1850

Monday, November 23, 1942

OTHER STOCK EXCHANGES

Week's

Friday
Last

STOCKS

Exchange

Range

Shares

Low

Par

5%

for Week

of Prices

Sale Price

'

Low

cumul

High

Low

preferred

High

1st preferred

t c

v

100

:

4%'/o

preferred B
preferred C—_—.

4%

13%

Apr

17%

Jan

Castle & Co

1.80

738

30c

Jun

1.80

Nov

Central

11%

vtc—*

common

Gas Elec Light & Power

Consol

425

1.15
10 y2

117s

1,975

3.50 July

11%

Nov

Central 111 Secur

Davison Chemical Co
Eastern Sugars

17

16 %

Co

Transit

—100
—100

common

t e— 1.

v

.

54

Nov

Mar

116

Oct

96% Mar

104

Oct

5

12%

Nov

Nov

15'%

Jan

7

175

7

July

9

570

12%

7

—

Mar

107

104

12'A

__

40

20

114'A

114

__

104

1

common

Assoc

...

55

54

53 y4

com—*

—

20

23

7%

Amsterdam

New

Central

Northern

U S

Oct

July

Sep

2 65

Jan

16% Mar

22'A

Oct

1.50

15

382

92

92

132

88

Jun

97

Mar

99%

40

88

Mar

100

July

75

75

11

70%

Feb

75

Nov

29 %

30

210

2 l/a May

30

Nov

.—100

Inc.—

Trust

Estate

2

Fidelity & Guar

23Va May

2.25

99«/2

50
pfd—— 100

5% %

30

63

130

1.90

21

21

2

t

Ry_:

Packing Co

Phillips
Real

Casualty

July

Apr
1.50 Jan

21%

1.90

Mills com-lOO

Mount Vernon-Woodbury

Nov

26

2.25

27

pfd—25

127

19%

27%

2.25

Maryland & Pennsylvania RR com_100
Monon West Penn Pub Serv

Mar

108

350

23%

23 %

y*

114

127

127

127

..i—25

—_.

Houston Oil preferred-,.,—

(A M)

Illinois

Convertible
Central

Common

Line

Coast

Certificates

common

West

19%

Jan

16/a

lien

Pr

&

Chrysler

Aluminum

A

Apr

450

4% May

6%

Feb

5 %

Maryland & Pennsylvania RR 4%-1961

Jan

42

May

65

May

54%

102

17,500
12,000

50

Jun

2,000

102

Apr

1,000

53

Nov

53

4%

America

of

92

57

62'A

61%

—1947

Co

53

Oct

Jan

88

$6,300

102/4

53

53

1975

.

91%

91%

—

1975

4s

5s series A

Boston Stock

102%

Jan

55/2 Mar

Friday

Fisher
Tel

Inc_

Vtc

40

3

8%

8%

450

1%

1%

4,300

32

Son
&

for Week
Shares

Inc

Low

pfd .—100

Z

10 '

Boston

Elevated Ry..——

Boston

&

—

24V8

24%

Apr

134%

Apr

101%

104%

Nov

9%

Jan

—

65

990

42%

13%

14

238

65

Jan

Nov

14%

10% Mar

7%

8%

5%

1,326

8%

Jan

1%

Jun

60c

Oct
Oct
Feb

Jan

2%

Feb

3

Oct

Trust—.

_a

Personal

Prop

1%
2%

25

l/a

Jun

25

l/a

Jun

12

8%

Apr

.—5

■

22

7

59

5%

5%
4%

65

'

5%

Feb

%

43%

44%

70

19/2

19%

20%-

940

100

12

.

41

Apr

Jan

Feb

32% Jan

.100

5%

.100

2%

275

5%

26%

20%

Nov

Apr

14%

Nov

y.Z 9%

.

74%

10%

155

9

Sep

12%

74%

75%

230

71

Sep

104/4

Jan

15

—

15%

600

13 % Mar

16%

Jan

•1%

20

Aug

1%

Nov

Apr

24%

Jan

.

890

4% Mar

125

20% May

29

6ct

!—.

3

469

Preferred
General
General

Motors

Gillette

Corp
Inc

(H

W)

Hall

Horders

Inc

common.—

Apr

4%

Oct

Jan

5

Nov

Harvester
$6

Power

common

1%

Jan

3%

Nov

Central

RR

•

Mergenthaler Linotype —
Narragansett Rac'g Assn Inc.—-—
Tunnel

&

2%

500

2%

Aug

12/4

12%

100

11%

Sep

14c

17c

110

35%

35%

17c

—1

t c_-

v

2%

100

i

Associates

Util

100

common.—

preferred

III

4%

2%

Mines—

Old Colony RR

25C

f

Mills

RR

Association

Shawmut

18%

25%
90c

8%
9%

—

6%

—

Twist

Union

Drill———

*

Fruit

United

Co

Waldorf

System

62%

Jun

Jan

Sep
Jan

315

50c

6%

Apr

3%

Apr

6%

Nov
Nov

35% Mar
72 %

Oct

62%

558

50 % Mar

63

14

37% May

44% Aug

700

20c

240

6/a Mar

1%

176

%

Jan

Jan

46c

Feb

7%

Nov

1%

Nov

BONDS

mortgage 4%%

Income

series

4%s

ser

39%

A—1970

39%

$13,000

29%,

Jun

42%

Feb

Mass Street Ry—-

Eastern

103

103

—1948

A

5.00Q

Jun

101

104%

Jan

Oil

Rad

McCord

&

Class

•

.,

Last

Sale Price

STOCKS—

A

common—

Adams

Bearing

Allied Laboratories

Allis

Chalmers

Mfg

American Pub Serv
Tel

American

&

Armour

Athey

Automatic
Aviation

Co
preferred
Co capital

Washer

Bliss

&

Warner

Midland

Brach & Sons
Brown

Fence

For

(E J)
&

Mfg

Montgomery

footnotes

see

page

1855.




common

pfd_.

74

Jan

i

54%

293

40%

Apr

54% Nov

?

%

10

%

Apr

Feb

•

*

1

5% May
•

10%

Nov

7% Aug

9%

Feb

3

500

10

4

Feb

8

Feb

,8%

100

3%

100

6%

100

6

Sep

30

27

Mar

40%

Jan

60

70

Mar

95%

Jan,

6%

40

Sep

83

3/4

%

2,800

3%

5,200

2% May

5

2,300

3% Mar

4%

.

-

u

100

\\

,*

9%

Feb

12%
16

2

Nov

/
'

1,

Ij

93/4

11% May

1%

100

v: •

19% '

Jan

8%

1,035

Apr

Mar

23

12%

Jan

16% July

15

15 vZ"

50

11

Feb

35

-

.'bin

39 Z

70

30

Mar

39

Nov

l7/a
M3/4

Oct

4

Mar

100

.434

1%

Nov

2,800

2%. Apr
2% July

9%

12,100

3% Mar

9% Nov

3%

z

4%

8%

%

5

4%

.

4

250

1%

-

4% Nov

Cylinder
Pressure

Standard

3%

Nov

%

400

%

Feb

4%

300

3%

Nov

14

Jan

8%

150

5%

Jan

9

Oct

%

500

8%

Northwest
North

Inc

Bancorp,

West Util

preferred

33% Nov

21

Jan

27%

2

-Feb

T

7

May

535
•'

4

Apr

3

9/a
5

Feb

Oct

July

'

1

Jan

Jun

4%
26%

21%

50

7%

7%

650

6%

100

6

Feb

•

150

8

Apr

15%

Nov

11

Jun

11%

Feb

143/4

15

11

v

—

,V

4%

6%

7%
•-**-(

common:

7%

22

Apr

21%

•

'

.—20

Til*'
III*
I100

234

i 8%

Sep

23 %

959

25%

.

*

capital —5

common—:

8%

Oct

20

50

27

23/4

"83/4

1%

Jan

20

27

—10

,

%

% May

50

33%

common- —1

Industries

Airlines

j

20%,

Illinois Corp common

Northwest

%

32%

Cooker common- —2
common.—

Jan

450

%

3%

common-

Gas

14

5%

%

3%

3%

11%
9

150

21%

1,050

r

Apr

27%

Jan

1534

350

Apr

23%

Jan

10 %

50

2,080

6%

Jun

,3%

3,950

%

Oct

10

Apr

15

7% May

G% May
3%

Oct

8

3% May

50

8%

—

Jan

Jan

11% Mar

Ontario

13

Nov

30%

Jan

84

Nov

May

Corp

6

common

Manufacturing Co

3%

5
100

6% preferred:
Z
:
& Electric common A

77%

*

Coal common B_.;

Peabody

13

common—*.

%

Jan

3

3

100

2% July

3%

Oct

RR capital—
50
Peoples. Gas Light & Coke capital—100

%

%

30

%

Sep

%

Jan

Perfect

3%

3%

500

2%

Jun

.4%

Jan

Poor

9%

250

150

13%

Feb

16

Nov

12%

12%

123/4

100

14

4%

100

5

Sep

28% May
3% May

393/4

Jan

270

60

Jan

Nov

3% Nov
77%

Nov

4%

44

Jan

%

%

20

%

Jan

25%.

1,075

18%

Jun

25% Nov

36

Apr

47

Jan

24%

Jun

43%

44

23

23

369

Jan

0%

77%

15

Jan

Feb

4%

11% May
3% Mar

70

6%

X22%

Pennsylvania

3%

2%

—

9%

5

15%

16

35

6% May

34%

34 %

I

4%

4%

4%

3,100

12%

13%

350

11

5

25%

26%

185

19%

10%

*
~

645

9% Nov

15

27%

Oct

Pressed

Co

class

Steel Car

Process Corp

a— *.*

.1—1

common

(The)

1—*

common

Quaker Oats Co common
Raytheon Mfg Co 6%

"4/4

—

.«•

preferred—.—5

"l%

40

20%

Oct

4%

4%

450

3%

Jun

6%

*

Co

B—i.

6%

50

5%

Jtin

8%

Jan

1%

1%

50

1%

Sep

3

Feb

71%

72%

260

1%

300

1%

56

Apr

lVa Jun

„

4% Feb

73% Nov
Oct

2

Jan

Jan

Circle (The)

&

May

St

Louis

Natl Stock Yards capital

10%

11

100

9%

Jun

13%

Jan

Sangamo

12

12%

650

7%

Jan

13

Aug

Schwitzer

Electric Co common.
Cummins capital

1

42

43

20

*

20

8%

8%

,

2% Mar

Jun

18

100

10

;

Sep

295

1°

f

Oct
Jan

157/a

2

j

Jan

%
7/4

90

19%

j

5%
■

Nov

11%

L.

|
1

Feb

3

11%

^

j

•

Jan

4

50

3

3

19%

%

% Aug

3%

'.

20%

4

*

A

Oct

Apr

*

Co

&

Liquidating Co

Apr

22%

5

class

t

4%

54%

*
.*
—*

common——.—.

Ward

Mot Spec class A—.;

Muskegon

Jan

9%
10%

5

capital

Wire

Feb

16%

Sep

2% May

137

■A

Sep

..

;

400

82%

Common stock vtc—J,.—-*.——

Modine

■

Mar

25

%

4

'yi ,15%

i'\". ■
—.—_100
A———100
6% prior lien__
.——100
Miller & Hart $1 prior preferred
10

2%

—3

...

10%

550

12%

;

'

62%

-

■

pfd———

906

_

18%. Jun

;

i

9% Nov

Utilities—

3%

3

common—

50

3

prior Hen
7% preferred class

3

—

•

7%

Penn Gas

10

19%

-

9%

Jan

...

5% May

f

Jan

33/4

t

1;

conv

1333/4

^

1

5

Jan

50

170

70

165

i

8% Mar
8%

8%

•

Prod r common-

Corp

United

Omnibus

Jan

80

;8%r

J

7/«

Z.

—1

....

capital

West

Midland

10 3/4 Mar

9

50

84

82

Jun

Apr

38

/

Apr

—

*

common.

Corp

26%

Oct

12%

*Z.

<*

102%

common

Laughlin

12

7

5%

100

'

.*

864

Brewing Corp

Borg

10%

-.V

Ills.';

130%

Corp

Aviation

Bendix

60

12% Aug

10% July

'

Z"

128

...3

common

Belden Mfg Co common

Radio

84

9%

High
49%

Apr

100

t

,

43/4

—4

capital

Seelig Mfg A common
Bastian-Blessing Co common

Berghoff

"lOO
.100

(Delaware)

Corp

«■

9%

37% May

8%

11

9%

—

.

5

Barlow &

Belmont

_

211

25%

'

#

common

common

Wheel

Low

46%

100

••

52%

38

Middle

Noblitt-Sparks

Range Since January 1

17

Jan

%

......,

North American Car common

High

10%

— ~

common

Tel

&

Co

Truss

__*

46%

46%

12

common

Mfg common

(J D)
Ball

Aetna

•

Shares

Jan

30

10

Mickelberry's Food

Northern

for Week

Range
of Prices

Low

Par

Abbott Laboratories

official sales lists

10%

21% May

11%

Z

Mfg class A——

National

Sales

Oct

1,650

Manufacturers Sec—4

Merch &

National

Chicago Stock Exchange
Week's

54

■''

1

Sep ■: j

430

..

..

j

10%

7% Mar

1,800

4%

f

McQuay-Norrig Mfg common..

Oct

60 %

—

;

,

;t

Jan

24%

8

i

•

23% Nov.

Jan

6%

i

—

4%
6%

Sep

12%

19%

■

'

4

11%

24

'

i

Field, common..;

National

Friday

■#

Nov.

17

Zr

11%
•

•»

«>

•.'

Nabco

Nov. 14 to Nov. 20 both inclusive, compiled from

*8%

350

8%

Jan

43%

16

_

Ref'g Co capital——....

Marshall

& Maine RR—

Boston

300

Nov

40%

3% Mar

150

23%

7%

Apr

Apr

4

100

22%

Feb

8%

11

'J**'

common.—

Lynch Corp common—

Jan

62%

7%

Co

Lion

43
25C

4%
4%

v"'

Liquid Carbonic common
Loudon Packing common

1% July

29

Printing

Jan

Jan

7%

2,811

42%

4/4

Feb

10%

Jan

24%
29/a

v

——

Feb

64c

Jan

1

7%

-.

common

Lincoln

10

Jun

Co

Lindsay Lt & Chem common—...

Oct

May

&

Oct

Nov

49

225

—

Libby McNeill & Libby common—. —7

18%

28

550

4%

46%

Apr

7%
34%

:

Apr

4% Mar

Jan

35% Aug

33%

/-

*
,,

'

Leath

3%

Jan

19

Jun

105

11

—5".

common.—.

Jan

8%

Oct

13

150

.7.-,

.100

6 /V preferred

Jan

26

98

4%

31%

■»'

LaSalle. Ext Univ

37%

50

6%

150

200

Z Z
24%

Switchboard common.—.
Kentucky Util jr cumul preferred- 1-50
Kellogg

28% May

108

7

6

1'"

—

101%

Jun

Apr

common

Jan

10

22

Co

Nov

12%

;•—1

4%

Jan
Mar

Drug

4%

15

'

60%
22C

-1

—

Inc——

Bros——.1——

Warren

•

750

29

5

728

58%

'.25
.25

ciimul preferred-;
Utah Metal & Tunnel—.
6%

10

29c

37%

43

—

United Shoe Machinery Corp—.—

720

Feb

Jan
Oct

Feb

8 /a July

125

8%

35

35

-5

—

18%
60c

600

6%

6

28%

(The)———

Co

14%

1,148

80c

*

Torrington

12c

109

22%

—

Webster Inc—

&

17/a

1.— _25

Mach

20c

665

26c

Apr

3®a

930

31c

23/4

Iso

-—

Quincy Mining Co
Reece Button Hole

80

60

18'/a

—

Pennsylvania

25c

29c

Jan.

May

2% July

348

i5o

May

4

25

90

%

100

.

2%

88%

90

.100
England Tel & Tel
—
New York, New Haven & Hartf RR .100
2.50
North Butte Mining—.
——

New

12c

27%

70

100

4%,

4%
18

Katz

Jan

9%

/ ■"

8%

common.——1

Manufacturing Co

Sep

2%

38 %

16%

*

Jarvis (W B) Co capital——

21%

>

—

*

preferred—;

Joy

Jan

34%

r

.—

*

Interstate

Apr

Sep

.4%

7

Oct

29%, Jan'

50
500

24

9%

—

y

*

International

3

37%

42%
\

•*

35

1%

NOV

4

common.....—1

Products

Steel

Jan

70c

20%

Feb

7%

—4

Indianapolis Pwr & Lt cohimon..

27%

545

Jun

4/a

.

Inland Steel Co; capital.—-

10
500

16%

300

7

34%

4

'

.

34%
3%

310

3%

15

;

•

■—*

common—.

34%

80c

Oct

20%

%

*

10
Harnisehfeger. Corp common——.—_10
Heilman < Brewing capital—
——1
Hibb Spencer Bart common
-—25
Printing Co

preferred
Isle Royale Copper

3

30/2

32%

■

—

*

common

Feb

80C

12% Mar

Apr

4 %

-

.*

common..

Great Lakes Dr & Dock

10c

-15

Jan

18%

24

'

..

Z

10
-——*

common.

common

Feb

common—.. —5

9%

10

.

*

10c

(Del)

50

—_

.

5

Goodyear Tire & Rubber common
Gossard -Co

Nov

9%

Jun

9%

.

,.

—5
V

,

Safety Razor common
Bros

9%: Nov

Aug

8

10%

3%

1

Foods common,

Goldblatt

6%

29%

.

_X-'"

————10

—...

19

100

29

■..

V

20

Corp

7%.

1%

50

4%

5

...

A———,

Corp

10c

———

.

—10

common

IOC

conv

'

1

Auto—

Finance

Indiana

3 /a

10

3%
5

230

22

87/'a

3%

z:

15

Oct

11%
27

3%

21%

..'

19

Independent Pneumatic Tool v t c

11

4%

./

■

Illinois Central RR common—.—1Q0

26%

4%

1%

Jan

'

Mfg Co common...——.

General

Oct

Apr

10%

■

common--

General Candy class

16%

11% July
15%

_«

Oct

11%

...

Fuller

Aug
Aug

14% Aug

100

9%

Co——i.

Brewing

Jan

10%

Nov

27

...—

(Peter)

Feb

4%

100

/

II—5

Household Util Corp

Drive

%

40

425

—

(The)—.

Elgin National Watch

260

13%

'

Electric

4
2

Jun

50

1%

'

7
12

Razor Co—

i,

1

2%
10%.
14%

..

Hathaway Bakeries class B

Stone

'

;

20%

21%

Jan

Association—

Gilchrist Company
Gillette Safety

25

25

Jan

common

Lines

Oct

1%

18% May

%

preferred B—
preferred adjustment

Employers Group

Oct

50%

% May

90

%

44%

.100

—

Street Ry—•

Mass

SS

7%

Jun

.100

——

—

prior preferred

6%. preferred

31% May

Associates-

& Fuel

Common

12% Sep

Jan

16

126

22

Co——

Range

1%

6%

22

Apr

2%
12

12

5/8

Calumet & Hecla

Gas

1%

.100

Boston & Providence RR

Pacific

;

Nov

12%

*

—

General American Transp common

2%

National

Jan

Nov

7%

4% May

Jan

3

-100

Inc

Apr

19%

2,320

25

1%

.100

Airlines

Fox

1 % May

——

pfd

1st

1st pfd

Eastern

Eddy Paper Corp

Oct

10

Mass

600

Oct

1%
3

% May

7

■!

3 %' Nov

23%

14%

*

26%

50

5%

67% Nov

20%

■

common.

Morse

105

Maine

;

Jan

110

12%

.2

.4

common—/—

Co

Corp

Mfg

Inc common.-.

1

A

Dodge

Eversharp

2

Lamson

1

oct.

20%

-2%;

Car'common—

Motor

Fairbanks

2

$7

350

j

Nov :

62%

Apr

2%

2%

■

common————

T

Four-Wheel

2

Eastern

5,400

21%-

1

*

Co

Feb

62%

8%

&

Nov

2

5%

Oct

1%

,

Feb

6%

■■

j
1

Feb

33 %

Jun

%
17%

..

—25

Lighting Inc common..

91

75c

6%

2%

50

*

-

_

common

Jun

.100

Eastern

1,250

1%

2

6%

Corp of America corn- —-20
«
Steel common

Crane Co

Jan

.100

4%%

3%

1%

preferred part shares

Container

7%

.100

class B

Eastern

45

'
.

10%' Jan
Z

Jan

460

10%

Continental

75%

94

5

stamped.
stamped-.
7% class C 1st preferred stpd.
10% class D 1st pfd stamped
class

8%

Copper

July

10

66/»

102

21

2

—50

vtc. class A—

274

14

.100

preferred

5%

Boston

Feb

7%

May

96

■-

1 '

shares vtc class B--*

250

RR—

prior preferred

6%

Apr *

47

3%

■

21

•

9%

65

—100

Herald Traveler Corp—..

Boston

7%

May
>% May :

28

Jan

•

100

Nov

50

62

64

f

3%
■'

common- I..25

common——

62

"102

«

common-

82%

82

25

3% July

2% July

30

3.053

9%

Ill100
—

Maine

3

104% 104 %

.

High

Low

128/a 131

130%

Range Since January 1

High

3

100

—

Albany RR

Edison

Boston

*"-"500'

32%

'

May

2%
7

43

Nov

71

!

Feb

Apr

20

110

32%

common-——

sh

pt

Dixie-Vortex

Range

_1

.—

Tel——.

&

Bigelow-Sanford Carpet 6 'Jo
&

430

24

87

5

Corp

Common partic

Diamond

Sales

Week's
of Prices

Par

Boston

Jan
Jan

1

Deere

Exchange

Last

Bird

A

390

.18

.

1%
_.

Curtis

compiled from official sales lists

Sale Price

STOCKS—

&

6

8%

Cudahy Packing common—:..— —30'
—100
7% cumulative preferred—
-2%
Cunningham Drug Stores

Nov. 14 to Nov. 20 both inclusive,

American

>

25

2%

...

Alles

/a

! 83

6 6/a

Commonwealth. Edison

Oil

A Mar

2%

preferred-

Utensil

Consolidated Biscuit

/a

300

22

common

Cities Service Co.
Club

70

%

Light pfd

conv

18

Apr

5%

■

preferred—

Corp

Jun

-50c

Chicago Flexible Shaft common
Chicago Towel'Co

13%
41%

r,

Cherry Burrell Corp common.
Chicago Corp common————
Convertible

Nov

Jan

100

210

•

preferred/—

States

16%

12%

14%

67%

5%

Util—'

—:

——

Common

Conn-

indebtedness

of

Transit Co

Baltimore

20%

6% Feb
21% July

Consumers Co-

Bonds—

Finance

Sep

14%

■

66

pfd

——————

Preferred

Prior

$6

Serv

preferred'

Consolidated

Atlantic

4%

250

64%

10

common

Pub

South

&

Central

Fidelity & Deposit

810

20 /a

30

Campbell Wyant & Cannon
Foundry capital

1.25

Corporation

Baltimore

High

5 /a

Range Since January 1
——

Arundel

Low

High

5

—10

;

conv

Range Since January L

Shares

16 %

Butler Brothers

Sales

for Week

Range
of Prices

Par

inclusive, compiled from official sales lists

H to Nov. 30 both

Nov.

Last

Sale Price

STOCKS-

Sales

Week's

Friday

Baltimore Stock

170

41

Jun

52

100

14%

Jan

20

350

6%

Feb

"

8%

Jan
Nov
Jan

?.
,

t

THE COMMERCIAL & FINANCIAL CHRONICLE

Number 4127

Volume 156

1851

OTHER STOCK EXCHANGES
Friday
Last

Sale Price

STOCKS—

•4

10%

10%

50

10 Mr

,30

29%

29%

10

27% Mar

capital,— -*-5

24%

4%

„

Sputh Colo Power class A common.

LY

common

Preferred

&

Swift

.Texas

.25
capital
——
(The) common—— .25

Co

Uuioti

Carbide &

50

10%. May

12

S

Gypsum- Co

United
U

16

.

capital

Transp

l'/o

cumulative

Walgreen

Co

preferred—

common-

.

30%
.714

59%

Nov

55%

Jan

107% Jun

119%

Jan

15% May

20%

Nov

17

Stores Inc common.j

Williams

Oil-O-Matic

NOV

1,128'

20%
■■■/■•

•

May

40

11%

•

Jan

26%

10

23%

Jan

77%

100

03 %

Apr

16%-

16%

26%
76

—*-

0-'

common———* ■

Bankshares

5

:

■'

2

.,

—*.

common—

29%

:

Jan

4% Aug

6%

Jan

: Aug

2%

Feb

5%

.

Briggs Mfg common—:

4% Mar.

5%

Nov

Brown

Apr

62%

Jan

2% Mar

4%

Oct

8% Mar

17 Va

NOV

Detroit

&

Edison

Apr

6%

Nov

Detroit Gray

28%

Jan

Detroit-Michigan. Stove

53

Oct

Eureka

67

4

150

'4

16%

16%

515

.

Anaconda

5%
43%

54%

206

22% May
27% Jan

56%

57%

276

50

8%

1,710

5%

Jun

1,945

21%

Apr

25%

—50
Atchison Topeka & Santa Fe com—100
Bethlehem Steel Corp common—--I*,
Curtiss-Wright
General Electric Co——
Interlake Iron Corp. common——,*
Martin (Glenn L) Co common——1
Nasli-Kelvinator
Corp
I-*—.—5:
Hew York Central RR capital—---—*
Copper Mining-

45%

"1 %

—

.

30

6%

6%

20%

20%

6%

750

11%

12%
17%

*

Standard Oil of New Jersey capital—25

2%

4%

315

Jan

Nov

Apr

44%

250

3% Aug
13% Mar

25 %

Vacuum

10% Aug

14

McClanahan

Nov

Last

STOCKS--

.

..

;

.

.

Hone

Products

Corp

Davis

Parke

MachineryChamp Paper preferred
Churngoid —

--100:

——

Cincinnati .Gas & Electric

21

3

pld—

—100
—100

115

Since

19

27.

8iy2-

High
22

Jan

94 '

68

Cincinnati Street

Cincinnati

"Un

Cin

Dow

Telephone

Jan

86

U

.

Mtl

(HW)

—

Drug

Kroger.. JU
Lunkenheimer

60c

Bank

>

9%

77

Aug.

52

.

.

-50

150

,17 Va Mar

21%

Feb

2%

200

2 Va July

2%

Feb

1%

Nov

2%

1%

6% May

2o-

17
25

May

3%
8%

,

-Feb

4%
5

10V4

■

34

Motors—

Jan

42%

Feb

52%

?

Timken

——i——

Brands

Roller

£

4

139

2

Oct

4%

Jan

■H 42

30

May

40%

Feb

39%

Bearing--——

4% July

|

5%

1

700

56c

2

625

July
Jan

43%

Nov

60

3

Aug

4%

Nov

Byron

Jan

Cessna

Brass

—

—*

•
ir

a

4

—1■■•■'."/a,.-.-

————

■(

Cliffs

J._
preferred———*
preferred—

Iron

Cleveland' III $4.50

common-:

Colonial Finance
Elec: Controller
General

4

Goodrich,

-i_——1—1-

—

Oreif

Bros

(M

Cooperage
A)

class

$5 cum

100

8% Mar

4 Va

100

2

Mar

4V4

47c

42

35%

45
15

101%

195

3%

140

Leland. Electric,
•
McKee (A;G) class B—3

T.v.:.

13%

13%

:

27%

27%.

15%

1.%

Cement-

—u"

Paving Brick
Murray Ohio Manufacturing
.

1

—

National

Acme

%.'

_1

1

Refining: new
Prior preferred 6%'

National
Nestle

16%

2%
1%

class

Electric

Richman

Bros.

A--

141/2

Jan

Jan

May

Mar

22%
43

Nov
Oct

'37y4 Feb

Nov,

103 y»

Central

Republic
U

S

Steel

Apr

Aug

Pacific

Aug

40

Jan

Pacific

.9

Feb
May

12

Jam

I

For

Co

common

Corp

Petroleum

Richfield

Oil Corp

130

Warrants

75

Roberts

605

11

75
633

4%

85

13% al3%

1% May
Jun

36

Vz Jan

•

1

10

Feb
Jan

21 % July

2%
53

Oct

iy4- Now

commoncommonj.

Nov'

4%

Oct

4% May

7 Va

100

4

Jun

7

Apr

23

9%

Sep

12%

Oct

li

13%

Sep

17

Feb

see

page




1855.

Oct
Oct

3%

2.45 Mar

100

NOV

Nov

'

56%
15c

53%

200

Jun

335

25

69%' Nov

Jun

10c

192

380

42%

1%

20c

385

Jan

Feb

105

31%

405

Jan

42%

Feb

6% Mar

8j/2

Nov

Sep

8%

'

■

8%

330

22 V4

200

11%

Jan

22%

Oct

30%

30 %

554

17%

Apr

31

Nov

55c

55c

100

40c

Sep

55c

Nov

"

a

12c

12c

a

4%

4c

26c

16%

17%
7%

397.

7%

52%C'52%C

T05

1.05

1.10

Oct

18c

700

12c

Feb

5%

•

300

25c

4%. Oct

3% Mar

200
200

12c

7%

7

July
7%. Feb.

35c

lSVa May

,

!

199

6
40c
95c

52'/2C

Apr

2,156

Sep<

alOc

10c

200

4C

4C

2,000

2c

1.90
12c

Oct

6%

Jan

4c

Jan*

7»/a

Apr

1,400

Jan

23

Mar

7c

19

20

265

24

2Q

24

July

8c

Oct
Oct

Jan
Nov

363

Inc.—.
—-

Feb

of

Co

Co

Standard

Oil

of

Taylor

Nov

Co

30 Vh

Nov

32%

32%

22 Vz

Apr

32%

Nov

8%

80

5 %

Jan

5V4

Jan

7%

1.15

1,082

2

2
,

7%.

%,

6Va

205

150

Milling

25c

Mar

Oil

Wellington

of

Corp

Oil

Company

of

Del

Nov

Jan

100

6% Mar

8 Vz

600

3

May

5Va. Feb

37%

160

35

July

29 %

29%

17T

20

100

17c

8

1,422

.

37V2

Jan

30 Va

14

Jun

24

Jan

17c

Aug

5c

1%

May
Jun

2%

2%

760

20%

1,426

Apr

21

29 V*

620

24% Mar

29

27'/4

27%

993

23

16%

867

10%, Jun

26%

26%

801

,18 V4

8%
5%

2 Va

20%

15 y8.

27%

60

9%

15

27 V2

Nov

18

Nov

Oct

Apr

Jan

5%

Apr

15%

Oct

1% Mar

3%

Nov

5%

2,130

14%

748

10

3%

100

,

Nov

10%

5%

26

Feb
Nov

%

Apr
Oct

14'%
3%

Feb

Sep

28%

4

a26

Nov

24'%

29Va

2%
20%

*

1

Jan

17c

29%

Yellow & Checker Cab Co———50

Oct

8%
27c

..3%.

8

3%

.25

California

-

20

8

—X

*
——-2

Corp

2V4

Jun

Apr

'

37%

—2

———*
California,

Nov

16
Apr
25% Mar

a8%

California

Pacific

25 Va

25

-1

*
1
Solar Aircraft Company
1
Southern California Edison Co Ltd—25
6% preferred B
25
5 Vz % preferred C
25
Pet

Nov

215

'

*

Safeway Stores Inc

20

30 Va

a3oy0

%

Markets,

Transamerica

103% Oct

42%

22%

—:

Public

Southern

70

$3,000

common.

Jan

223

105

Co.

5%

all% all%

105

17 y2

175

Oct.

Nov

46% Jan

440

al5c

common.——

Signal

*

—1944

66

448

7

380

AO

Ryan Aeronautical. Co—

Union

5%—

Apr

66

32%

—

Feb

25

a48% a49%

Corp' com—
Corp

Oil

Jan

11

105

—*

Jan

NOV

80c

56%

'■-«
380

_25

29%

a29% a30y8

al5

Jan

8%i

1%

200

_25

Security Co Units of Ben Int—
Signal Oil & Gas Co class A——

1%

50

al5

2

Mar

1%;

3%

Jan

14%

Oct

t

footnotes

I

_10

Electric

Republic

23

%

12Va

8

20%

Sem

3y4, Oct

Jun

300

3%

—1

1

preferred

Feb

a28Va a28Va

:
—

deb

Finance
Gas &

1st

Feb

22%.
a

6%

2

40

...

/

5% Apr
10
Jan

180
800

.

.—1'

Corporation Ltd

19

11

—

9

*

1

common

Steel

R

Nordon

13% July
1% Aug

1,250

465

7%

4%:

—

Merchants Petroleum Co———

30.

•

Bonds—
W

IIZ1

——

—

30

'

Vt July
1V4 May

6%

30%
—

Company

Mfg Co

Menasco

5

10'

common—

RR

Oil

125

1 %

2 20 May

Feb

Unlisted-

Y

Angeles

Lighting

1%

100
250

6

—_l
Corp———.
.—10
Investment, Co

Western

190

Oct

Nov

High
2-20

65%

Aircraft

Pacific

<

Low

1.35 July

1.35

1%

IIII*

Co——r—

Petroleum

Pacific

2%'

Oct

ya Jan

Range Since January 1

10%

10c

Nov

9

4%

14

1

Mar-

16%

Jan

10

:i,i—*

Co——

Lane-Wells

1%

,

2%

13%

Motor Car Company—

32

1

4%

50

General Electric common

N

common—

Co—

Co

Development

Hudson

13%

1%

,

Va",

•-•
-

Industrial Rayon

Holly

27'Va' Nov

100

1

1,300

A

'

7%

10

II 10c
Intercoast Petroleum Corp-—-

50

;
.

22%

-

-•

33

125

11

1,

;

—

_•

White

Motor

1

-

Upson-Walton

38y4

211

>

53

—

Tile

LeMur

Jan

Jan

Corp

15%

9

:

•

National

Reliance.

1.30

*

10

Portland.

Feb

110%

Los

35%

33

Medusa

3

74% Mar'

Oct

Mascot

11%

42

10

'1.00

Jan

\yeek

3
1*8

Hancock Oil Co common A

Lockheed"

101%, 101%
33

,

Shares

1.80

3

Nat'l Bank-—100

McBean &

Lincoln

62

—i.

Jan

xVo

High

1.75

1.80

—--1

common

Jan

50

4%-

A

Motors

Gladding

53

a24% a24%

4%

General

15%. Nov

44

4%

for

Range
Low

—1

America——

14%

50

-100

Nov

Sales

Week's

of Prices

Golden State Company—-——

Aug

90

A

Feb

12%

,

compiled from official sales lists

Sale Price

Feb

Mar

1,108

Kelly Island Lime & Tr_—t—i

Metro

High
4% Apr

Jun

1

a

5Va

Angeles Stock Exchange

10

10

a22% a22%

preferred

Harbauer;Co
Interlake1,' Steamship

110%

1314

a50

Jan

12%

20%
of

Oil Co

500

13%. 15%
al3%

_j—

Jan

11% Nov
2
Sep
55
July

187
1

July

8%

2,076

•

11%

a50

——

Halle Bros preferred———
Hanna

4

6

15%

-

B F-c.——

64

11%

I-Z25

Goodyear: Tire & Rubber

2%

63%

—' *.

Co—v-

<

•

Feb

4

Range Since January 1
Low

alll% alll%

1

3

2 l/a

200

.

Preferred

Creameries

Exeter

180

2%

63%

Apr

July
May

200

4 Va

.

Corp___—2;
Department Store Inc
*
Jackson Company
—
*
Aircraft Company—.
1

Farmers & Merchants

50

11%. 12%

65c

2%'

—

.

Douglas Aircraft Company-—~——*

180

,

1% Mar

12%

'

Diamond

Blue

*

High

5

—

——L—

•

T & R

43%

:

alO'/a al0%

Jan

15% Feb

,

4 y8

50

1%
Chapman's Ice Cream Co:.:---_--i.-*;',
r
Chrysler' Corp„——-5
Consolidated Oil Corp-———-*
Consolidated Steel Corp
*
-i:

Shares

(

4

•

10 %

Cleveland Builders Realty

Cliffs Corp

2%' Nov

for Week

Low

-50

Mfg
Fuel——..

Clark Controller

Cleveland

32% May

10% Aug

from official sales lists

of Prices

Nov

4Va

Broadway

Sales

Nov

lVa Aug

750

85c

83c

Berkey & Gay Furniture Co-:-:—I

Mar

Range

Par

Ice. &

Jan

1

Week's

Sale Price.

STOCKS-

City

12

9

Last

11

500

Feb

1

2Va

Mar

1% Apr

600

lVa

6V4

Apr

2y4

Inc——-—50c
Bandini Petroleum Company.—
1

30

Friday
,

11%

iy8"

80c,

Accessories

270

Nov. 14 to Nov. 20 both inclusive, compiled

Jan

19%

6% Nov

'

—1

Jan

Cleveland Stock Exchange

'

Akron

9% May

10

Oct

27

5

11

Par

315

39%

3

Apr

170

1 Va

STOCKS-

1,580

4%

Jan

688

Last

10%

...

2

505

ey4

Friday

42%

-

Apr

2%

1%

Nov. II to Nov. 20 both inclusive,

2%

'

2

41%

Jan

4%

25%

99c

1

Oct

10

.10

.———

,

Standard

Los

Nov

283

2

Columbia Gas
General

Oct

6%

912

6%

2
11

Jan

11

280

2%

.

Feb

1J%

July

5%

25 y4

—

5%

4%, May
85c

Nov

10%

5%

.

.4%

May

Oct
Jun

52

50

150

10

—

—

Feb

10%

150

1 %

Jan

2% May

Jan

Jan

25

23 Va

•

5

1%

2,775

Oct

10%

4

45'k

19%

-25

230

3%

,

Mrcraft

Rolling Mill— —-i
City Ice &" Fuel——.

4%

23c

Sep

l'/a

95c

Unlisted-— ;
American

GOO

'

Wayne Screw Products common——4

•&; 64

50

15c

1,050

1%

lVa

Jan

19%

4%

Jun

1

620

1%
16c

16c

IVa

Jan

Apr

4%

Oct

19%

Nov

29%

-10

—————-

1%

2%

Oct

9%

10

39

Feb

650

9%

Feb

1

175

600

6% May
1% Jan

Jan

65c

Jan

19%

16c

—2
10

common—

Feb

10%

6% Sep

1%

1%
-j.

A—.—;

Srcraft

80c

Jun

30c

2,230

iy8

22%

39

Nov

56

95c '

360

2% .•2%

Feb

1.00

1%

*

preferred-——

3%

May

320

9 %

Feb

Jun

JUiy

GQc

400

60c

'

2

1%

700

58c

Jan

ava

lOd

1%
3%

1 Va

51'/»

:—':

Sep

1

19%,

;—

Printing preferred—.—

Western

16

v*'

4

Warner

6'/a:May
,

110

;

1%

56c

common—1

Prod

Radiator

S

Feb

-

26%

2%
S

8

■

Jan

:

24%

26%

Procter & Gamble common——

U

3

21% .21%
34
r
34

class .A———————

Hobart
■

■<C

50

8

.10

59

20

9%

3

.

7%

9%

Kagle-Picher,
Gibson Art L:_—I—CL-Jl'in

5%

303

7%.

——

100

9%

*

common——-

Universal Cooler

Jan

119

Aug

487

61

60

■*>:'

Yards——-—

Corp.

9%

O

50

:

—

•

Stock

Crosley

9%

—_50

1.

-

Oct

3%

58c

Udylite common
———-1
United Specialties 4—'.
-1

Nov

3%

Aug

114

282

Jan

2Va

5,386

*

Tivoii Brewing common—.—

Apr

100%

Aug
Jun

1%

16

115

Jan

1.00

57c

300

95c

"

CNO&TP

18%

3%

10

Scotten-Dillon common——
Standard Tube class B common—

January 1

Low
40

.

3

81

preferred-—--:

Range

High-

100 Vii 100%
;

_

Rickel

Shares

20%

2m

Apr

May

15

1,694

92c

^1

common—

Oct

4% Aug

Jan

lVaMar

1%

1%

92c

50c

common

Feb

Mar

3%

3%

common—,

Car

14

100

17%
88c

.

—1

common—/——

Oct

2%

17%
88c

1

common-—

,

78c

2,480

21

2%

Wh

1

common

Motor

Packard

for Week

Low

—20

Laundry

3%

3»/a

—

20

5

common——

Parker-Wolverine

Sales

Range

Par

American

3V4

common—-———1

Abrasive

Mid-West

Exchange

of Prices

,

Sale Price

,

11% Aug

Casting

Peninsular

.....

200

—5 '
common——1

common——

Oil

Micromatic

Nov. 14 to Nov. 20 both inclusive, compiled from official sales lists

,

12

common:——1
Michigan Steel Tube common
2 Vz

NOV

6*4

Die

Mich

Nov

Murray

•;

12

Industries common——3

Wood

Motor

:

-——

Masco Screw Products common..

Nov

5

31

.

76

Week's

9%

Kingston Products common-

44%

Friday

6% Mar

Kresge (S S) common
10
Lakey Fdry & Mach common-——I

Jan

Cincinnati Stock

100

Nov

Jan

••

9

..

--

Nov

5

5%

9

Nov

1%

10%
19

12%

Jan

28 %

2% Apr

24%

1%

Apr

13% May

5%

100

.

Oct

518

12%

1%

Oct

300

23%

1%

17%

1,200

1
-

1

'12%

4%

10

Corp common—
U. S. Rubber Co common—

Oct

4%

Yellow Truck At Coach class B———1

Studebaker

Jan

I
I
Grand Valley Brew common——1
Hoskins Mfg common
2J%
Hurd Lock & Mfg common—
1

Jan

7

15%

42%

44

15%

Graham-Paige common-

Jan

4%

14.%

290

common

Gar

14%

.4%

common

Iron

4%,

1,223

20% July
7% Apr

1,010

————•

High

Feb

3

4%

20l/2

—

common—10

Nav

4

20%

Jun

11%

275

10%

Cleveland

Franke.nmuth Brew common-

3%

.*

-*

Radio Corp of America common—.
Republic Steel Corp common—

28%

:

—

Oct

26

Jan

-6%

;

275

27%

.

7%

Jurf

3 V2

1,050

16%

(The) common—

Low

High

*

—

common

Jan

9

30%

17% May

250

6%
11%

May

5%

75

10

Inc capital—-—-.

Standard Brands common

'

29%

Pictures common——!

Oil Co

925

26%

8%

30

-—

Paramount

3%

700

6

McLaren,

'

Burroughs Adding

Stocks-

American Radiator & St San com—*

Range Since January i

Shares

Jan1

——_1.
Baldwin Rubber common------.

'

,__*•/

common—<—!

Corp

40

410

52%^

x50%

Sales

for Week

Range
of Prices

Low

Machine—*
Consolidated Paper common——10

,

'

Pure

Par

200

•

Week's

Friday
.

Oct

81%

'

,

inclusive, complled from' official sales lists
Last
Sale Price

STOCKS-

1

50

2

,

5%

< Wm Jr) Go, capital——--*
Yatcs-Amer. Mach capital——
5

Pullman

Nov. 14 to Nov. 20 both

200

■!5'

.

1%

Wrigloy

Unlisted

Detroit Stock Exchange

Nov

18%

650

*

-

Detroit

Wieboldt

Zenith, Radio

Feb

Nov

"

Westinghouse Elec & Mfg comrhon—50t

Wisconsin

Oct

10

76%

•

231

:

111% 111%

-100

-

Jan

7% Apr
44% May

'41 •'

105'
338

17%

Xl9%

1

Western Union Tel common

Telephone: Randolph 5530

Jan

40%

Apr

DETROIT

29'4 .NOV

.

Sep

58%

59%

'50

*48

-—•

Wayne Pump Co capitals—

19

.

Apr

150
414

NOV
Nov

25

.Sep'

19%.Mar

8

75%

16%
'>

Chicago Stock Exchange-

Ford Building

'

17%
48 W

—100

l.

•20

550

725
360

:

39%
:

58%

20
5

common..:

Lines

Air

New York Curb Associate

Exchange

Detroit Stock Exchange

July

8%

'

Mar

-

27%

•

Apr

,

•12% .May

350,
'

Sep

5

'

Steel commott--——•

S

20

,

1,050

'

U

.2%

5l>0'

773

7%
22

8

New York Stock

Oct

dan

'»

26

73%

Members

Apr

%

Jan

7%

39

39%

.

2

28%,. .28%

Carbon capital—*-*

33%

Jun

4%

'

•■

■

28%.

■

Corp

Trane

Jun

%

Apr
Apr

.

1% Nov

21%

I

22

International

23%

30

150

16

-25
capital-—-——
capital——— -15-

Co

Swift

WATLING, Lerchen & Co.

Feb

.13%

11 Va-

•

24%
•

7%

Nov

5

Jun

50

3%

•

1%

26

Corp common— -5
Sundstrand Machine Tool common. -5

60%

,

May

200

%

.

IIVb

Warner

Stewart

.

'

1%

3

.

1%

capital- :2b

of Indiana

3

-20

——

Oil

Standard

■*

-i

.

25 %.

' Va

,

Inc., .'common:—————

59,%'

High

,

43% May,

—;

:

South Bend Lathe Works

Dredging

.Low
432

350

57%
■

Signode Steel Strap common—,—-

Standard

Range Since January 1

.

4%

& Co capital——
Sefrick Corp class B common---,— —1

Roebupk

Spiegel,

Shares

1

High

4%

•

•Preferred'

for Week

of Prices

Low

Par
Sears

Sales

Week's
Range

Oct

8
1

•

Jl

THE COMMERCIAL &

1852

Monday, November 23, 1942

FINANCIAL CHRONICLE

other stock exchanges
Friday

for Week

Range

Last

Range Since

Shares

of Prices

Sale Price

STOCKS—

Sales

Week's

January 1

St. Louis Listed and Unlisted Securities

High

Low

Par

Low

2c

2C

1,000

2c

Apr

6c

Jan

Mng Co
10c
Co_:
——1

lc

lc

1,000

lc

Aug

4c

July

6

6

1,000

4% Jan

6

Nov

High

*

Mining Stocks—
Black Mammoth Cons
Cardinal Gold Mining

Established

Rad

&

Amer

Smelting & Ref Co

15

532

26 %

26%

177

24

May

44

46

491

29

Jan

a38%

al30%

100

50

Copper Mining Co

Ry—100

Atchison, Topeka & Santa Fe

46

—13
5
——5
*

Co

,

Bendix Aviation Corp
Bethlehem Steel

Pacific Ry

Canadian

Cities Service

Columbia

Company——

Gas

Oil

10% July

13%

Feb

50

8% May

10%

Jan

31

Aug

39%

Jan

53%

Sep

60%

Feb

22(4 Jan

27(4

Curtiss-Wright
Class

110
20

6%

6%

50

37%

37%

160

3 (4

3%

125

2

21/2

1,360

a6%
a

—

3®

1
_5

•

,

38%

July

3%

A
3 %
17 %

Apr

2%

2V4

5

*

11/2

1%

1

29%

29%

315

>

34%

—„•

a22%

241/2

60

.*

29%

29%

General

Foods

Co

Tel

International
Kennecott

Canada

of

Tel___

&

Montgomery Ward & Co
Mountain

North

Oil

Ohio

Co

Pure Oil Co——

-

Steel

Corp

Roebuck

Sears,

&

Brands

Swift

Aircraft

United Corp
U

S

33%

44

100

6%

Co

Steel Corp.

59
9(4

Oct
Jan

Oct

8% Mar

.

21%

38%

39 %

Nov

17% Mar

Jun
Sep

12%

Sep

Apr

58%

Piping

Missouri

Portland

9%

%

a23%

24%

Sep

62% Mar

73%

STOCKS—

L '

'

Electric

1st mortgage 5s

St L Pub Serv

...

American Stores

Wheel

34%

(4 Mar
16%

tV Oct
22 y4

Jan

55(4

45% May

Oct

Jan

Anglo

Min

Amer

Corp

1 % Mar

Oct

2

Curtis

PTior

1%

17%

17%

Bank of California N A_——

33%

33

34%

II10

Motors

General

n

(N Y)

Hafdart

&

Valley RR

%

Jan

Sep

7%

Oct

Jan

67%

Nov

Emporium Capwell Co, common
Fireman's Fund Insurance Co

134%

1%

Oct

%

Feb

321

12(4

Jun

20%

Oct

28%

Apr

34%

Nov

Nov

Jan

383

1,114

Jan

275

21%

Apr

27%

665

3

29%

43 %

3%

Jan

5

Jan

2(4

Jun

3%

Jan

1%

Apr

v

65

Jan

3

3%

4%

3,486

22%

25%

3,813

18%

Jun

26

Nov

32%

32%

325

29%

Apr

32%

NOV

10%

11

200

11

NOV

—25

3

RR common
preferred

2nd

Apr

5%

2%

23%

—

.

—

——

'■

•

.

Works

44 %

3%

—50

•.

■

x_50

14%

14%

155

—50

22%

22%

15

4(4

2 % May

7% May
11%

Oct

Langendorf United Bak class A

16

Nov

Class

23%

Apr

20% May

Sep

Preferred

Salt

Oil

Dome

Corp

Tacony-Palmyra Bridge—
Class A participating—

Tonopah

Mining

400

37%

37%

194

25%

Apr

38

Nov

Lyons-Magnus class
Magnavox Co., Ltd

49%

72

43 %

Apr

55%

Jan

•i'lL

—Li

—_

%

^

.

$3

Corp

rW

32

32

•

common

.—

♦

preferred

—'

_

»

preferred

4%

*

United Gas Improvement common.
$5

%

■

%

Transit Invest Corp preferred-—25
United

120

20

20

•

102%

IL10

Westmoreland Inc

79

5%

4,915
528

Jun

£
%

Nov

Natomas

hi

Oct

North

11

16%

Mar

Jan

5%

Jan

106%

July

3% Jun
92

Jan

12%

250

13

20

V-'—

20

10

10(4
15%

Jan

13%

Jun

24%

Nov

Oct

6%

Friday

preferred
preferred

preferred
5 %
1st preferred
Pacific Light Corp common

Shares

Arkansas Natl Gas Co

_100

preferred

8%
5%

Blaw-Knox Co
"

Byers

M)

(A

Clark

(D

L)

ft

Candy

_

•

6%

Pitt

2

Lone

1 %

Brewing

Harbison

Walker

Star

Mountain

Refrac

7%

Supply

—

National .Fireproofing Corp

Pittsburgh Oil & Gas

corn-

Screw

Reymer
Ruud
San

&

&

Bolt

Bros

Oil &

9%

15

6%

300

—

Tel

common

Co's

common

&

Tel

Paraffine

Apr

8%

Oct

Sep
6% Mar

7%

Jan

10%

Nov

Phillips Petroleum Co capital
Pig'n Whistle preferred.
Puget Sound P & T common

Jan

R

6%
5

4

7

Apr

E

&

Ltd common—

Co

R

footnotes

see




Sep

2%

Nov

8%

Jun

11%

Jan

1%

Apr

1%

Jan

13%

60

12%

Apr

16%

Jan

Republic Petroleum Co

7%

142

6% Mar

10%

Nov

Ryan

6%

Nov

Safeway Stores Inc common
Shell Union Oil common

7%

5%

79%

1%

2%

1
•

1855.

%

3

700

lc

1

page

4,380

1%

6

5

;

2%
9%

4
——

common

1%

14%

14%

1,160

6

804

4%
30c

Apr

70c

Jan

Preferred

Rayonier

Incorp

common

Aeronautical Co

210

1%

Jan

1%

Jan

80%

90

55%

Feb

83%

Nov

So

4%

120

3% Aug

5%

Jan

Southern Pacific Co

1%

500

1

Jan

1%

Nov

Standard Oil Co of California

1

%

6
lc

2%
15

30

1,100
300

534

Sep

5% Aug
lc

Jan

1% July
14

May

•

7%
2c

3

19%

Jan

Cal

Gas

Co

preferred ser A

Transamerlca Corp

Oil

Co

of

California

Jan

Union

Mar

Union Sugar common

Feb

Universal Consolidated

3

Nov

1%

Apr

5c

500

3c

Jan

8%

1,940

6%

Apr

6(4

334

5%

Jun

7%

Feb

Apr

103%

Jan

May

1.60

102

30

1.50

216

85c

July

8%

Nov

Oct

Jan

3

2% Mar

565

16% Mar

21%

Oct

267

30

Apr

41%

Jan

60c

Aug

2.00

Jan

365

45%

21
.36%

36%

85

9c

2,282

2%

2%

95c

1.05

2,300

1.05

100
*

Nov

Apr

33

Nov

18

Apr

23

Nov

11%

11%

597

10

Mar

12

Sep

82

162

76% Mar

88

Jan

36

23

39

13

246

15%

Jan

100

5%

Jan

6%

6%

103%

1.65

39

36

1.05

Apr

40c

4

31%

11%

12%

10%

30

100

18

'

1,128

Oct

43%

Apr

225

Oct

Nov

1.10

Nov
Jan

6%

14

8% Mar

1,287

Jan

37%

Jan

3%

11%

11

15%
113

Aug

1,215

30

11%

7% Mar

Apr

46

220

42%

4

,.

r,

;

Nov

39

July

28%

200

1.05

41%

12

83

300

705

13

13

103% 104(4
37%
37%

5% Nov

Jan

1,000

5%

4%

July

13%

Sep

Feb

May

30

Nov

8% Mar

14

July

12

12

13

51%

51%

51%

34

33

Jun

15%

15%

100

10

Mar

15%

Nov

8%

8%

100

Jun

9%

Feb

16%

16%

215

2%

2%

123

1%

39

37%

44

43%

4%

4%

4%

60c

60c
1.80

1.90

5%

5%
15

1.05

15

1.05

1.10

4%i

"5%
1.25

1.25
24

20%

■

23
8c

8c

12

12

21%

21%
2.60

4%
5%

5%
1.25
24

2.60

5%

"51% Nov

16% Nov

12% Apr
Apr

3

Jan

44

820

4

100

30c

May

220

90c

5%

Mar

Jan

526

3%

60c

Jan

Sep
Jan
Nov

2.20

Sep

5%

Jun

Jan

15

Jan

210

12% Aug

400

95c

Aug

1.90

Jan

200

3

Jan

5%

Nov

4%

Oct

1,000
50

90c

40

17

45

16

100
90

200

1.434

5c

Jan

9%

Feb

1.25

Nov

Apr

24

Nov

May

23

Nov

Jan

6% Mar
17

■

Feb

1.35

Feb

15%

Apr

12c

Oct

12

Nov

23

Sep

2.75
24

Nov
Nov

23

23%

2,568

30

23

30 %

897

24% Mar

30%

Oct

22

Mar

277/a

NOV

Mar

25%

Oct

27(4

306

25%

25%

220

21

27%

-

32 %

33

987

22% Apr

34

Nov

99

98%

99

130

90

Mar

99

Oct

3%

200

14%

396

11

89

89

89 %

108

72

32

31%

32

488

22% Mar

32%

Oct

505

36%

Jun

41%

Nov

1,50

Jan

3%

14%

•

41%

41%
2.25

2.25

7%

*

6%

—*
100

63%
9%

1

26

-

7%
6 %

65

9%
26

30

250
178
435

2% Mar
Mar

Apr

7

Oct

4

Jan

31%

Jan

639

8

Apr

100

24

Mar

2

2

500

1.20 Aug

4

4

100

3% May

37%

Nov

3%

Nov

14%

Nov

101

Jan

2.25 Nov

15%

Jan

8% July
65

Nov

11

Jan

26%

Nov

2.10

5%
43

Oct

Feb
Jan

37%

125

15%

16'/a

505

10% Mar

20%

20%

100

14

14%

15%

550

127/8 Aug

17%

Jan

31

31

20

25% Mar

16

16%

37%

"
15

*
5
25

10

66%

24

260

66%

36

*

*
*
2
25

Jan

142

,.23(4

64(4

26%

26%

5%

5%

27

Jun

16%

Oct

20% Mar
31

Nov

1,905

10%

Jun

18%

Nov

1,374

18 % Mar

28%

Oct

8

5%

4,727

4

Jan

5%

Oct

14%

14%

711

10

May

15%

Oct

16

14%

25
Oil

Oct

2.20

1.35 July

650

20%

common——1
—1

Signal Oil & Gas Co class A
Soundview Pulp Co common—:

35c

27%

25

Preferred

s

2%

101

*

*

preferred

1%

1%
79%

0

Westinghouse Air Brake—
For

6%

5%

30c

•

common

Gas

5%

0

25

Corp

Manufacturing
Toy Mining

Shamrock

10

5

—

Pittsburgh Plate Glass
Pitts

96

237

9%

13%-

common-

Gas

Fuel

8%

High

common.

25
x~,——25
x_25
*
*

9%

Columbia Gas & Electric

Copperweld Steel
Fort

Low

High

Ser

Pub

1st

Range Since January 1

Pac

Low

Par

div

$5
Pac

for Week

of Prices

1st

550

1.50

1.50

Petroleum

1st preferred

High

Low

High
1.80

6

100
.—100

—

Range SineeJanuary 1

Shares

8%

•

—————1
O'Connor Moffatt class AA—
*
Oliver Utd Filters class A.x—
—*
Pacific Coast Aggregates—
5
Pacific Gas & Electric Co common—25

Sales

Week's

Last

Sale Price

L*

—

5%%

Occidental

5%%

Nov. 14 to Nov. 20 both inclusive, compiled from official sales lists

STOCKS—

Co

for Week

Range

81

—1
—*
Invest common—100

American

6%

Pittsburgh Stock Exchange

B

Sales

Week's

of Prices

3c

11%

5

National Auto Fibres common

Jan

3*2

"

20

Westmoreland Coal

14%

Oct

2%

*

(I) common
March Calculating Machine
5
Menasco Manufacturing Co common—1

A Mar

15

4%

J an

35

% Mar

770

14%

Jun

20

50

102% 103%

5
—-80
2
20

7
*
1
*

Magnin & Co

*

_i———...

Jan

2%

49%

—

Sun Oil

3%

1% July

2%

37%

•

Scott Paper

6%

compiled from official sales lists

1.80

-•
r„50

B

2%

.

92

91

Low

25
Food Machine Corp common
—10
Foster & Kleiser common.
-2%
General Motors Corp common—
10
Geni Paint Corp common
*
Golden State Co, Ltd—
*
Hale Bros Stores Inc
0
Hancock Oil Co. of Cal class A
0
Hawaiian Pine Co Ltd-,
—*
Home F & M Ins Co capital
10
Honolulu Oil Corp capital
*
Hunt Brothers preferred
10

Libby McNeill & Libby
x—1
———

Oct

1959

100
*

—x—

101%

686

4%

2%

94

common—10

92

2%

■———

Reading

%
-

23%

4%

$1,500

Jan

v

—

Giorgio Fruit Corp
Preferred

"II

ctfs

Pennsylvania RR
—
Philadelphia Elec Power 8% pfd„_
Philco Corporation

4%

23%

Preferred

Feb

—*

_)

Light

Pennroad Corp voting trust

'

I_50

——

National Power

"

—xi

'

43%

3

"

12%

Jan

Zellerbach Corp common

Crown

Di

20

41%

42%

common,.

Navigation.

Lehigh Coal &
Lehigh

—

Oct

82

1

common-—-*—5

Corporation

25

18%

*

Storage Battery—

26

1
.-20

EI Dorado Oil

1,029

1%

preferred

Electric

Horn

1%

—

9%

574

«

common—x—

High

'

if

Pub Co

Jun

Co
10
Consolidated Chemical Industries "A"_*

Low

High

7%

Feb

8% July

21

Clorox Chemical

Range Sinee January 1

Shares

66 %

Jan

21

170

—__

Bank

Engine—,

Diesel

Imp

Chrysler

official sales lists

for Week

6%

r

.

Jan

9(4

Aug

25%

Caterpillar Tractor Co common
_*
Central Eureka Mining Co common—1;

Sales

64%

;

6%

Nov

6

18% July

25%

Accessories
50c
Alaska Juneau Gold Min Co———10

15

65%

5%

125
100

Nov

615

Aircraft

1%

128% 130%

130%

7
20

116

6(4

Par

Anglo Calif National

11

130

6%

20

Nov

114

Jun

14% Nov

6%

STOCKS—

Atlas

1

*

w

—

'

Sale Price

Jan

Oct

x—5

Co

Chrysler Corp

■

Last

Jun

10%

1

15% Mar
101

Jan

San Francisco Stock Exchange

6%

11

I100

!

& Tel

Tel

American

Budd

•

:

.'

Nov. 14 to Nov. 20 both inclusive,

71%

Low

5

116

Apr
14% May

15

common

al%

Par

Sep

9%

Oct

17

10

Fuller common,-

Baer &

4% May

of Prices

Jun

98

7

common——xx^—*

70% July

Sale Fries

12%

5%

———*

common

Inv

65

Range

105

Apr

5%

Feb

116

— —

"

Common

Securities

315

Last

12%

6

220

Week's

90

60

6(4

to Nov. 20 both inclusive, compiled from

14%

14%

77%

Friday

14

Feb

6%

,

Feb

12%

Sep

13%

Oct

Nov

Philadelphia Stock Exchange

ll

14%

98%

Bishop Oil Company
——
Calamba Sugar common,,.-—
California Packing Corp common

Nov,
V

225

14%

49%

__

16%

Feb

Apr

7% Mar
32

4% July

13%

6%

6%

55

98%

-

-

36% July

Mar

27

115

a48%

a48 Vs

4%

14%

a76%

*

4%

4%

-X —

25

13%

Jan

260

•

Nov

15

•5%

98%

Oct

24%

'

%

10

10

Apr

6

Oct

16

4%

16%

16

May

5%

•

—.

common——*■

Cement com—,

Jan

20%

150

26

Nov

Nov

5

Apr

43%

31

72

27%

27

250

25

Scullin Steel

Wagner

29

Metals preferred_~100

Candy common

Rice-Stix

Stix

6%

10

'

x—*

9%

Nov

5

120

28%

28%

200

7

Jan

101

July

5

*
Dry Goods 1st preferred—100

National

12

50

14%

7

Friday

75

a73%

——

Sply

Sep

8% May

100

9%

9%

Sep

21%

Jan

95

14

—41

common—

&

18(4

9

Jan

Nov

31% July

75

Midwest

5

Nov

16%

May

21

101

Jan

13%

Bonds—

44

2%

4

a6%

a

■

5

Laclede-Christy Clay Prod common—5
Laclede Steel common
20

50

a21%

4%

6% Mar

80

6%

Feb

12%
-

50

43%

Nov

13%

675

3%

10%

2%

253

9%

Oct

Oct

Nov

50

15%
59

2%
17%

25%

25

a43

.

—

.

x~I

—

15%

Nov

11

Jun

440

9%

Westinghouse Elec & Manufacturing_50

Willys-Overland Motors Inc

4%

Jan

14% Mar
20

25

a3%

5

——

10%

59

_10

—

10%
4(4

a73%
27
%

Warner Bros Pictures Inc

282

al5%

•

——

50

251/a

15%

5
*

(Del)

2%

16%

251/8

4%

9%

•

common

Shoe

10

21

5
x

Key Co common——xx

National Bearing

Mar

2

400

2%
16%

2%
al6%

Shoe

Johnson-S-S

12%

Jun

6% May

205

International

Oct

10% Nov

10(4

common

2%

1.55 May

175

12

& D

31%

Apr

25(4 Mar

65

1%

34(4 Feb

37%

13%

a39%

Corp—_——

(The)

Rubber

U. S.

32%

26% May

Aug

—25

—

Union Carbide & Carbon Corp

United

85

May

*
25

—

Corp (The)

Texas

200

7

25

Inc„

Co—

&

29%
43%

10

*

(New Jersey)

Webster,

&

3,143

4

a

Inc

Oil Co

Standard
Stone

6%

Huttig S

7

17

7(4 May

260

15%

Jan

Oct
Mar

15

101

Hussmann-Ligonier common—

Nov

290

»
15

Co—

Socony-Vacuum Oil Co
Standard

Oct

6%

15

15%
101

——

30%

9%

—*

Seaboard Oil Co of Del—

20

Apr

10%

—*

,

13%

Jan

a9%

•

13%

Line

Air

Sou

&

2%

al0%

—

Radio Corporation of America

preferred———10
Coca-Cola Bottling common——
1
Ely & Walker Dry Goods common—25
Emerson Electric preferred—
100
General Shoe common
—1
Griesedieck-West, Brew,
common——*'
Chic

24%

Oct

--

__1
x50

Paramount Pictures, Inc—

Republic

Apr

—

"

Packard Motor Car Co

5

——

235

IO1/4

RR

24%

Nov

1

—

15%

preferred—50

common

23%

12

Co

Pennsylvania

Nov

34%

*

Aviation Inc

American

North American Co

15%

Mfg

13% Mar

1%

1%

*

RR

Central

-1

4%

115

5

High

Low

High
5%

29%
a

a

*
5c

x—.

Nov

30

Low

Range Since January 1

Shares

of Prices

.

5%

Investors

43%

—

a43%

City Copper Co__

York

New

•

——
—

—

1 %

Nov

~Oci

22(4 Apr

256

34%

5%

6%

—*

Corp

Copper

Inc

-

-

Nickel

International

Loew's

Corp,

(B F)

Goodrich

Co

2(4

Jan

1%

100

*

&

Electric

Jan

Sales
for Week

Range

,

Par

American

Burkart

200

Light Corp

Power

General

STOCKS—

Nov

50

21%;.

Last

Sale Price

July

9

Jun

6

920

23

Week's

Friday

Nov

47/8

Jun

33

Nov. 14 to Nov, 20 both inclusive, compiled from official sales lists

Nov

A

Jun

50

Electric Bond & Share Co
Elec

2%

1 % May

4%

a21%

a2iy8

Exchange

Oct

2 (4

25%
8(4

St. Louis Stock

Oct

25%

8(4

593

Oct

33% Mar

a4%

—

BeU. Teletype 8L

New York Curb Exchange Associate

Nov

7

Jun

4%

250

32

a25%

1
,—1

Corp

A

60

35

3 4(4

25%

■_

Phone

Chicago Stock Exoh.

Jan

50

57(4

(Del)-;

Co

Postal Long Distance

4%

40

a25%

Continental Motors Corp—

CEntral 7600

Chicago Board of Trade
Associate Member Chicago Mercantile Exchange

Jun

2%

3%

a
—

Commonwealth & Southern Corp—_*
Continental

St. Louis Stock Exchange

11

Corp„_—*

Elec

&

New York Stock Exchange

12%

—25
*
:—10

Co—

Co

Tractor

Caterpillar

Members

Oct
Oct

3(4

a56

Corp

Borg-Warner

al2%

5

Corp

Oct

28 %
53

130%

Apr

all7/e

—.3

(The)

Corp

Barnsdall Oil

103

1922

705 Olive St., ST. LOUIS

Oct

all

a

(Del)__

Baldwin Locomotive Works vtc

41%

39% July

38%

al28% 130%

—*

American Tel & Tel Co
Anaconda

6

*

Std Sani Corp

Amer

Aviation

Edward D. Jones & Co.

Stocks—

Unlisted

16

190

12%

17

Apr

8

210

7%

6

Jan
Mar

8%

Oct

Volume

THE COMMERCIAL & FINANCIAL CHRONICLE

Number 4127

156

1853

OTHER STOCK EXCHANGES
Last

Range

Last

LOW

High

STOCKS—

5
20
*—*
25
10

Waialua

12

12

275

10% May

23

23

70

13% Mar

23

Dept Stores

Western

common

2.20

2.20

120

2

May

preferred

17o

Western

Co

Pipe & Steel

Matson

Navigation Co

V2

Oct

M

M

2.25

Feb

Monolith

Oct

Montgomery Ward & Co
Mountain

City Copper
Central

8

7%

7%

530

6

Apr

16 Va

10 y»

125

13

Jun

17%

Sep

5%

5%

66

33A

Apr

BVa

Nov

al28% 131 Va

757

104%

Apr

—

Unlisted—
Rad

Am

*

Sntry

American Viscose Corp_Anaconda

Mining

Argonaut
Atchison

Blair

Co

,

Top & Santa Fe

Del———

of

Corp

3%

preferred

1927—;

Co

Service

Consolidated

Oil

General
Idaho

Electric

Packard

Jan

Pennsylvania RR

1.60

Jan

Schumach

85c

Nov

30

78 V2 May

89

Nov

30

79 V2

89

Nov

Apr

212

2Va .Aug

3%

Nov

975

11% Mar

16 Ve

Oct

Bd

preferred

Oil

130

47/a May

Oct

Standard

128

6

May

87/a

Oct

Studebaker

400

7/a

Apr

2%

Nov

235

22%

Apr

United Aircraft Corp
U S Petroleum Co

1,000

1.75

Oct

29%
2.25

Nickel-of Canada

•

International Tel & Tel common

-*

28%

a28

30%
4

1%

5%

:

J—:

Nov

47

2%

Oct

25% Nov

2%

Feb

282

13%

Sep

16

620

17

Oct

23

Feb

58

100

58

Nov

58

Nov

20%

274

15

Apr

20% Jan

Nov

Westates

36%

Jan

Western Union Telegrapl

preferred

40

25

Mar

29 Va

Oct

25

23% May

27 %

Nov

4%

310

44

3

280

Mar

Apr

43%

Oct

4%

Jun

5%

Oct

25% July

32%

Jan

May

1.50

Nov

Jun

55%

Jan

Apr

6%

Oct

1.10

Oct

5%

25

27%

146

1.25

1.50

15,940

48%

48%

549

44%

6%

30

4%

48%

a6

■

80c

97c

97C

600

60c

26%'

26%

230

24 Va

1

__100

Jan

5

30%

%

a27%

1 50

*

6%

Ofct

27%

a5

Jan

4% Nov

29%

a42%

•MM*

_*__„_***:—1

Pictures

Petroleum

531

4%

*

5

5

Bros

'/J

a28%

1

United States Steel common.,

4

18

a27%

25
common

common...

27 V2 May

355

30

N

Warner

"

a29%

Corpi common—-

Oct

of

Corporation

Jan

2'A

682

63A

Jun

15

4%

——

Nov

257/a July

180

Feb

a20%

25

30 V2

"

Jun

2

19

58

25

7

7

4%

25

Inc—*

2»A

a29%

38

262

1,270

Oct
Jan

1.20 July

17%

*

—

Brands

8'/a

2.25

15

12 %

13%

Jan

2%

Jan

2.60

15
18

_*

5%%. preferred
Standard

'2Va
2.25

25

Oct

31% Nov

May

1.15

25%

a2%

*

preferred

a8V»

Co——u__•

Copper

6%

Wall

a6%

'

47

10

3

Nov

6%

May
7% May

620

47

—

Apr

1.40

270

1.00

*-

Sears Roebuck & Co capital
So Calif Edison Ltd common...

'

Kennecott

Radio Corp of America—
,
Republic Steel Corp common—

Oct

4%

„*

Mary Mines Corp———l

International

Jun

52%

Feb

12%
10 Va

11%

50

638

Mar

10c

5% May
24 % Apr

420

1.90

10%

100

*

33%

High
24

May

5c

10

al.00

common——"

Jan

3%

,

*

20

1,000

6

1.85

10

20

10c

a32%
1.85

Low

23%

6

*1

common
—

Co

23%

6

Range Since January 1

Jun

4

Jan

30c

2,233

89

15

capital—

*

Motor

10

Shares

High

9c

5c

RR

!——1

—,

Co

Share

&

NOV

15%

"3%
15 Va

Nov

29%

Preferred

pfd

Aviation

American

23 V2

1

*

Pacific Portland Cement

——5

Corp**

Curtiss-Wright. Corp
Bond

89/

89

10
—*

80c

89

,—100

common—*j,

Elec

York

8%

Cement

LOW

*

2% May

200

70c

Port

!

Cons—

28%

29 V2

795

3'A

M

129%

1.15 Mar

3,600

44%

3%

Inc., capital
—1
Cal Ore Power 6Vo preferred n-C——100
6 'fa

1.55

43'A

&

May

3

100

3%

1.55

-3

Consolidated Edison Co of N Y-

320

26

3%

& Co.,

Cities

&

23% May

24

65

29%

a25%

50
*
5
100

Copper Mining

Aviation

a29

14

Natl Corp class A common

Anglo

a

—-100

Tel & Tel

American

J

North

St

&

of Prices

Par

Jan

Sales

for Week

Range

Sale Price

High
12

New

Equipment Co preferred
Agricultural Co

Victor

Week's

Friday
Range Since January 1

Shares

of Prices
Low

Par

Sales
for Week

Week's

Friday
Sale Price

STOCKS—

Sep

.

July

29

,

Oct

CANADIAN MARKETS--Listed and Unlisted
Week's

Friday
Last

Montreal Stock Exchange
Nov.

14 to Nov. 20 both

Week's

[

'

Par

Algoma Steel
Asbestos

common—,

*

Corp

Associated
Bathurst

Bell

»

Breweries

Power

&

T

L

&

*

Paper A*_

Canada- I—100

Telephone Co of

Brazilian

*

P

British Columbia Power Corp
Bruck
Silk
Mills

class A_*
—

—

Building
Bulolo

«

—5.00

Dredging*

Low

7%

Shares

Range Since January 1

High

VA

Low

135

7%

Cotton

7%

Nov

Class B

Zellers

12

40

41

2%

2%

Canada
5%

Steamship

9%

Apr

Commerce!—**100

124

124

21

118

122

122%

3

116

preferred

—50

Canadian Bronze
Preferred

common

20

Oct

Canadian

13% Aug

17%

Jan

Royal Bank of Canada——

13

13

13

280

14%

135

135

11%
— —

11%

r

169

/

11%

2Q

■

20

212

6%

155

18

Jan

May

150%

11%
22

of

Bank

4%

4%

50

4%

11%

11%

11%

11%

1,000

11%

10

11%

550

5

4%

510

4%

,.100

Jan

13% May

Mar

12

3%

Oct

5

Nov. 14 to Nov. 20 both

inclusive, compiled from official

Jan

Jan

Canadian

29

102
18

••

—

Consolidated

—25

Mining & Smelting—

Seagrams

7%

Dominion

Bridge

Dominion Coal
Dominion

—*

**__.

Stores

Preferred

—

Dryden Paper

B

27% May

10
50

Nov

29%
32

Jan

Jan

Feb

105%

Aug

7

185

4% Mar

7%

Nov

300

21% Mar

27

195

130

85

115

22%

-

115

22%

3%

3%

3%

3%.

.3%

3%

7%

8%

7%
36%

105

21% Mar
120

2

22%

Mar

Nov

27

Jun

130

Nov

15

Feb

116

Jun

Jan

114%

45

27%

23

Oct

693

3/ Mar.

250

3

Mar

3%

Nov

6,850

5

Jun

8%

Nov

.

/

4

Nov

36%

36%

536

32% Aug

39

Jan

26

160

21% Mar

26 %

Jan

21'A

21 y2

260

20 Ve

24

•

Abitibi

6%

Power

.25

Foundation

12

ll'A

100

114

common.

common

Gold

Jan

Aug

9Va

Jan

3%

Feb

150

85

66

66

4%

155

•; 6

Oct

5

Nov

Aug
.

3%

89%

Aug

82

Jan

Apr

6

'

Jan

4
♦

50
25

3

July

50

12

July

■6%

100

5

6%

6V2

380

5

Apr

86%

20

84

Aug

92

Jan

35

2

Feb

4

Sep

4
4

Imperial Tobacco of Canada common_5
_£1

——..—

1——*

2%

Apr

2%

Feb

5.80

Oct

10

165

50

67/a

9%

9%

6%

25

Nov

4

Nov

4

Nov

Jan

Sep

14

Jan

Oct

100

Jan

Apr

Jun

Apr

28

Jan

10%

Nov

12 y2
7

Jan
Jan

Apr

11

Nov

10%

45

10

Apr

12

Jan

40

20

Feb

23

Sep

32

33% /

641

29

Apr
11% Mar

36

Jan

16

Nov

Jun

90

Aug
Jan

Ltd—*—*

Candy

*

32%
15%

15%

16

89

89

17%

16%

17% ;.

9

1%

1———
-

;

_I

common

_*_"•

Car

Corp—L
Noranda Mines Ltd.**;——i.

-.4%

•

*

*_-

24%
29

*

37%

721
40

87

872

15% Aug

17%

15

6% Mar

10%

475

2%

5

347

2% May

21%

20

20

6%

4%

21%

**100

,

9

5

Light Heat & Power, Cons—.

___—*!_*_

.

89

*—3

Tramways

9%

9%

85

6%

10%

7% Mar

941

7

Nov

21

Woods Milling common

McColl-Frontenac Oil

10 %

6%

10%

preferred—*„ 100

Massey-Harris

10

22

Jan

21

International Nickel of Canada com**Co

440

1,106

Jan
Nov

J*

—

Power

7

26%
10 Va

8

93%

3%
3V2
16

25

common—

International Petroleum

10 y8

Feb

270

10

10

...

945

95

9%
95

2% July

125

'

4

7.35

26

Oil Ltd—————-

Breweries

2%

3%

Bay Mining

Corp

Jan

3%

7.25

IlOO

——/

Bronze

50c

14%

4

4

10

common—*.

Acceptance

Apr

14 %

4

[1.5

Preferred

30c

85%

"6%
~4

—

—

Preferred

35

40c

20

*

2,228

20

Mar

105

.

12

Apr

24%

25

977

29

29

75

37%

Apr

40

Ogilvie Flour Mills

Placer

100

Price

Bros

5r/r

Co

&

preferred

Ltd

Regent

„1

/

28

9%

Jan

May

5%

Nov

British

American

Oil Co Ltd

16

'

16

16%

745

13

Mar

17%

British

Columbia

Packers

s

:—

•'

*

Canada Northern Power. 17c
Canada
Canada

Wire

Canadian

Ltd

13 Va

Apr

15

Jan

5

97 %

Nov

102

May

14%

14

14%

1,741

13

July

74

74%

10

74

Nov

6%

6%

10

'

—

Investments

__

♦
*

Canadian

Vickers

Canadian

Westinghouse Co

Commercial

Ltd

Ltd

Alcohols

Consolidated

Engineering Works, Ltd

Dominion

Oilcloth

Donnacona

Eastern

Linoleum

&

Ltd

Ltd

Dairies

Fanny

7%

Fleet

Aircraft

Ford

Motor

Fraser

5 7o

*—

Canada

Paints

Ltd

Power

&

class

Jan
Jan

East

Jan

Eldorado

Jan

Francoeur

Nov

Inspiration

175

4

Jan

6

1,000

5

Jun

6%

4%

35

3

Mar

7%

8

260

6

Sep

100

4%
11

July
Nov

18

18

10

*17%

20 %

70

20

Oct

25%

Feb

85c

Mar

1.50

Nov

2

Aug

'

',

54

75

54

Nov

70

Feb

13

30

11

Apr

13%

Nov

5

common

5

300

3

Mar

5%

Nov

O'Brien
Pato

Gold

Ltd—

Cons

—■

St

Lawrence
Class

A

Corp

*50

St Lawrence Flour Mills
St

—100—•

common

preferred*.

Paper preferred
Shawinigan Water & Power*
Sherwin

Southern
Steel

Co

Williams
Canada
of

of

,*_<•

Canada

*

common

:

Preferred
United

Steel

For

15%
10

*—*100

—

Corp

footnotes

,t

*

see

page




1855.

1.35

90

1,005

104

May

1.00 Aug

106% Aug
2

Jan

11

330

Oct

15%

Jan

23

60

22

Jan

25

Apr

30

45

24'A

Jun

43

Jan

9%

14%

15%
9

896
10

8%

12%
7

Feb

15%

Sep

13%

10

80

9

Feb

10%

61

5

58

Mar

63%

66

L75

10
61

*

*

common...

105

23

9

25

Brothers

1.30

30

*

Power

Canada

10V4
23

100

1

Preferred
Tooke

*

common

Lawrence

105
1.30

66

155

66

Nov

1.75
20

3%

1.75

57

1.75

Nov

70

Antonio

1

Siscoe Gold

Ltd

Consolidated

4

125

3

Feb

4

—

15J/2
—

41

101

3%

13

Jan
Jan

Oct
Jan

Jan

20

«

Oct

13%

7% Aug
1.05

Nov

Feb

1.50

Feb

15

Apr

5c

15

5c

Sep

15c

Mar

13 %

25

11%

Sep

16

13%
5%
15%
80c
41
2%
5%

110
60
3,891
5
100
50
25
3
25

10%

Apr

13 34

Nov

Oct

6%

Apr

101

15
/:—/,•
—

•

—

;1.15
46 %

19%

102
15

/

1.15
46 %
19 %

5

15
105

Feb

11%

Jan

15%

Nov

75c

Apr

80c

Nov

39%

,

Apr

45

2

Mar

Feb

3%

Jun

Apr

6

Jan

100

Jan

103 Va

11

Feb

4%

1.05

10

8c

8c

1,500

lV8c

40
*

Feb

15

1.20

Feo
Nov
Oct

Jun

50%

Jan

18% Mar

19%

Feb

l%c

500

7%c July

16 %c

Jan

171.05

1
1

Feb

May

5c

Jan

38c

38c

2,000

3c

2,000

2c

17

17

25

10%

Apr

17%

1.05

1.05

50

73c

Oct

2.24

32c

Feb

60c

Nov

Oct

3.10

Nov

Feb
Jan

58c

225

3.10

50

17c

•

50c
15c

17c

400

15c

Oct

41c

Jan

200
6
1,000
250

19c

Nov

28c

Aug

—

19c
7

Oct

4.35

Jun

2.79

Oct

4.00

Jan

100

1.00

Oct

2.22

Jan

Nov

10c

Oct

75c

Feb

3.00

Jan

,

-

/.,,—

~

—

„,9c

300

45c

100

36c

1,150

51c

1.39

1.39

1.47

1.42

1.54

63c

63c
34c

100
1,100
1,300
200
1,800
500
1,500

33c

24%c24%c
—

55c

55c

—

1-62

1.62

—

2.90

45c

2.35

__

6%

9c

2.20
51c

'

2.40

9c

2.20
51c

—-1
*1

Jan

46c

3.10

1

Ltd

2c

Oct

—

1
1

1

Apr

—.

.

1

lVac
21c

3c

__

*

1.00

1.00

Waite Amulet Mines Ltd

Jan

2.00 Mar
41c

1.00
1.30

May
Oct
Oct

60c

Aug

25c
15c
38c

7

51c
3.20

Nov

Feb

Nov

Jan

1.55 July

87c

Jan

Oct

49c

Jan

Oct

31c

Jan

Oct

65c

Jan

1.25

Oct

2.20

Jan

3.40

Nov

4.30

Jun

3.40

3.40

200
250

2.25

2.27
2%c

285
2,500

2.05 July

10

16% Aug

Jun
Jun

OilsHome

20

37

3%
20

Jan

13%
5%
13%
80c
41
2%
5%

13%

,

—*"

*

Mines

Homestead Oil & Gas Ltd

Mar

15

12%

Apr

May

Feb

5c

15

1.53

Mines Ltd—

Oct

12

325
100

1.53

*

Nov

121

446

9%
1.50

4

1.75 Mar
15

20

13 %

—

*

1.75

20

14% Mar

20

9%

3.80
3.15

Mines? Ltd

Jan

2% Mar

—-

Ltd

Mines Ltd

Teck Hughes Gold

225

--/

Ltd—

Mines

Sullivan

3

3

6%

20

1.50

—

/

„

•

1

Gold Mines Ltd

Sladen-Malartic

25

*"

__*-.

Dredging Ltd**-*
Mining Co Ltd—*!

Sherritt-Gordon

125

19c
7
3.90
3.15

Preston East Dome Mines Ltd
San

12%
2%
19 %

—1

Ltd

—

Mines

Nov

Jun

Ltd

Gold

Premier Gold

408

19%

—

9%

preferred*.

Mines

Mines

88

3%

//_/■"/

1

Gold Mines Ltd

Gold

1.50

12%
2%

.—

8c

Ltd—1.00

Kerr Addison

McWatters

1.25

19 %

—

5

v

Oct

3

,

3

1

Ltd

Mines

Malartic Goldfields

54

/,*.7

•

*

Mines Ltd—"

Nickel

Jan

Jan

20 %

*

Mining & Development—1

Gold

Jun

3% July
42

Jan

—

International

Lamaque

Nov

NOV

100

—*

Mines

Oct

Apr

34%

3%

1

Ltd^

Mines

Gold

Mines

Gold

2%

25

2%

*

22

215

Feb

* '

21y

1.25

Jun

10

3

June

*

pfd

Ltd—

Gold

1.00

1.25

34%

Oct

1.90

"A"—"

B__

Ltd

Mines

Malartic Gold

Malartic

Jan

'''••/•;/"/"'"/•■

Central

34

175

1.65

1st preferred——25

Jan

Mines

Aug

815

.

Dome

155

1,650

■ •

Cadillac

10

Jan

2%

*
Walker-Gooderham & Worts (H) com**
$1 cumulative preferred—_,**——*

Gold

160

7%

2%

Brewery Ltd

/

Jan

31

2%

—

Mines—

161

Oct

6% Mar

2%

,

Walkerville

Oct

25%

2%

Massey-Harris Co Ltd 5% pfd—100
Melchers Distilleries, Ltd., preferred_10
Mitchell, Robert Co Ltd—
—*
Metrop Refrig & Storage com vtc
*. /
Moore Corp Ltd
*
Noorduyn Aviation Ltd—
*
Provincial Transport Co
_*
Thrift Stores 6%%

127%

1.25

Paper Co———*

Southern Canada Power 6%

17

^—

—*20

preferred

100
180

♦

*

A

(Canada)

International Utilities
MacLaren

27

7%

3

——1*

Ltd

of

Jan
Jan

Apr

149

34%

•

preferred—100

Companies voting trust

International

1.25

Shops Inc——1

Candy

Farmer

1.45

160

160

*

Fairchild Aircraft, Ltd

108

Mar

1.00 Aug

300

Jan
May

7%

Co*—*

common*—

Paper Co

106

7%

*

common

Dominion

Woollens

85

4% Aug

3

1.20

20%

149

—V

Ltd

Corp Ltd

Paper

Jun

6

26%

7%

—*

common

20

6%

107% 107%
1.15

—

Ltd—*

Ltd., class B**—"
7%
preferred
—*100
Canadian Power & Paper 5% pfd
*

23 y2

4%

,

—

Canadian Industries,

Canadian

6

*

Saguenay Power preferred

—.

6%'

pfd—*100

—*—

General

1,206

97%

*

common

Preferred

15

97%

*

—

Cable .6%%

&

Breweries

15

,—

pfd*—*100

Vinegars Ltd**

Jan

—

100

Ltd—:

Calgary Power Co Ltd 6% pfd
Canada & Dominion Sugar Co

Aldermac Copper Corp

6%

Jun

Jan

4

Bouscadillac

6

110

9%

Oct

6%

Jan
Jan

105% Mar

200

26

Sep
13% Mar

738

109

120

Apr

11%
-

110

110
9%

Mar

Sep

80

5%

Jan

13

———

Knitting

425
,

210

7

5%

Nov

8

.100

L_

common...*.,

Quebec Power

21

92

High
75c

May
Nov

37/a

9%

Corp

5

4%

common-

i

of Canada

Corp

20% :

21

——

Lt

Development——,,

Power

20%

common..

Electric Rys
Heat & Power

Ottawa

475

91%

—

Falconbridge Nickel Mines Ltd

Ottawa

4%

i

Power

4%

52

4

—

Beauharnois

Oct

Oct

LOW

50c

Brewers & Distillets of Vancouver Ltd_5

29

35%

Range Since January 1

1,100

110
9%

21%

441

Shares

High
55c

„

*

1st pfd

6%

Beatty Bros

!

;

sales lists

Sales

50c

100

*—*

Aluminium Ltd

Nov

6%

Mines.

Howard Smith Paper

Steel

15%
117

3%

common..—

Bridge

Hollinger

National

Jun

-750

69 V2

2%
14%

t—

common

Hamilton

Montreal

4

5

V2

40c

Gypsum, Lime & Alabastine—*.*.

Lake of the

6% Jan

89

4%

—100

Laura Secord

50

69

_—-4.

Wares

International

Mar

5%

89

—*————.

(Charles)

Industrial

July

112

636

4%
100

common,.^,.—.

Preferred

International

10

5

7%

5%

———

Paper common——*

preferred

Dominion

Gatineau Power

Preferred

230

12
114

7%
'

Co of Canada——

Steel

Oct

Mar

&

Low

—

& Heating
Prod-—
English Electric class B———1

National

/.

Apr

8

27

Enamel

Mont

30

25 V2

Jun

27

.25

—

ii—-

——i

Dairies

Imperial

274

5%

7

Ltd-.——— *—i..

Textile

Dominion

.

common.——*

Dominion Tar & Chemical

Hudson

5% Mar

Apr

27

21%

preferred—1—.

Glass

Dominion

General

29

4

953

7%

105% 105%

common

Dominion Steel & Coal

Gurd

250

26

—_b

Feb

153% Jan

for Week

of Prices

Par

Canadian

Distillers

Eastern

*

__

Pacific Railway

Canadian

5

Range

Sale Price

Apr

30

,

105%

STOCKS—

Week's

Last

Jan

Sep

28%

-100
com

«

Class B—

•

Sep

16%

7%

•_

Industrial Alcohol class A—♦

Canadian

•

91%

65

130

—*_"

1

Cottons
preferred*:
Foreign, Investment

Canadian

i

12

17%

—■

common

152

Sep

Montreal Curb Market

5j/4 May

94

5

Canadian

7%

Sep

Oct

Jan

17%
5

27

Celanese

Oct
Jan

Jan

July

'

•
Canadian Car & Foundry common.
1%
participating preferred- —25

Preferred

Oct

25

Jan

135

10% Aug
124% Aug

—

[*100

Jun

Banks—

16% Aug

«

——

Jun

3

Aug

80

*

common

3%

24

490

«

Corp—

Apr

250

15

:

Power

85c

25

20

93%

Northern

3%

25

15

«

Forgings class A

Canada

43%

Apr

25

preferred

19

Preferred

Canada

July

80c

15

»■

35

20

2%

Jun

High
,,

High

3

21

2%

*

15

*

common—***

Low

3

Friday
Canada Cement

Range Since January 1

High

3

-

—

Ltd

Low

Shares

-

,

20

*****'*

"A"

Products

Gold

*

common**..

of Prices

Of Prices

*

common

Winnipeg Electric class A

for Week

Sale Price
*

Wabasso

Sales

Last

Biscuit

Sales
for Week

Range

Sale Price
Par

Via

inclusive, compiled from official sales lists
Friday

STOCKS—

STOCKS—

Apr

Oil

Royalite

Co

Oil

Ltd

Co

Ltd*

!

*
—

1

-*

—

—

—

2c

18

18

2c

Jan

2.70

Feb

6%c

Apr

19

Jan

rHE COMMERCIAL & FINANCIAL CHRONICLE

1854

CANADIAN MARKETS

-

Monday, November 23, 1942

Listed and Unlisted

-

Week's

Friday
Last

Toronto Stock
to Nov. 20 both

14

Nov.

Exchange

inclusive, compiled from official
Friday
Last

STOCKS-

Week's

Range

Sale Price

Abitibi

Ajax

& Paper

Power

Oil

Gas-,

&

pfd

100
1

15c

for Week

7c

Shares

4

Range Since January 1
Low

4'/8

635

4

15c

100

6 %'c

7c

1,500

85c

25

75c

——————__100

32

32

233

8c

Cons

Grain

Preferred

Copper

Oils
Ltd

Corp
Oil

Anglo-Canadian

:

Ashley

Gold

Aunor

Gold

8c

Mining

Apr

4,500

7c

Sep

40c

500

34c

2.10

326

B

u

-

Bank

of

Toronto
Bread

Base Metals

Jan

Macassa Mines, Ltd
MacLeod-Cockshutt Gold Mines-

Madsen

33

Nov

Malartic

16 %c Mar
55c

Jan

Oct

2.65

Jan

Red

Lake

Gold

Gold

40

lc

Nov

Jan

Preferred

1,800

75c

Oct

1.47

Jan

Massey-Harris

4C

4c

1,000

3C

Oct

6c'

Jan

McColl Frontenac Oil

200

203

21

Bear

Exploration

Radium

&

■—1

Beattie Gbld Mines

4'Ac

-

62C

Bertram & Sons

Bidgood Kirkland Gold Mines

134%

B..

Ltd

Mines,

Ltd

Nov

Mercury Mills Ltd

-

American

British

Columbia

Power

British

Dominion

Oil

class

Corp

Cadwell

!
Gold

Jan

Nov

7%

Oct

Moore

100

8c

2,000

1,500

4%c Mar
Feb

8

Mar

be

10c

Jan

10

Jun

Class

A

Grocers

Oct

9.30

Jah
Oct

Noranda Mines

5%

5%

5%

200

4

Mar

16

16

16%

1,205

13

Mar

Oil

22

29

Apr

O'Brien

Oct

61C

Jan

Okalta

Oct

7c

Feb

Omega Gold

Feb

Ontario

5C

600

5

600

2%c

30,000

12

475

8

25

15

1.00

__

__

_

Breweries

_»

7

123

common

Ltd

common.—

...

7 % May

22%

Nov

Canadian

Ltd

-

Canadian

Malartic

Canadian

Oil

Co

Loan

___

...

Central Porcupine

8%

Jun

Orange

Crush

23 %

Jun

Pacalta

Oils

1.20

Chromium

Coniaurum

Page Hersey Tubes Ltd———_i

94

24

90

Sep

102

Feb

Partanen

32

Nov

34

200

120

43

%

8

30

993
,

157

110%

Sep

5%

Gold

Nov
Nov

Pioneer

Gold

Feb

Premier

Gold

-

Oct

140

Apr

Preston

East

Dome

25%

Oct

Jan

Prospectors

115

200

100

5%

50
20

16

Apr

9

225

8

30%

Sep

4% Mar

Gold

7%

125

Airways

_

Dominion-Scottish

Jan

Mining

7%

4% Mar

Nov

Reno

Nov

5

Nov

9%

Aug

Roche

35c

40c

6,025

13

25

8%

4,905

7%

6%

&

Steel

&

Gold

___

1

52c

4%c

5c

1,500

51c

52c

2,500

2.75

—

2.50

2.75

487

54%c

59c

7,300

7%

7%

160

62c

62c

65c

800

9%

9%

100

36%

36%

36%

689

115

115 115%

32

35C

35c

35c

100

2%C

3c

1,000

25%

26

360

—^

;»

17%

16

16%

2,161

142

142

5

*

19%

19%

70

pfd. .50

23 %

23%

6

7%

7%

295

5%

6

5

—

Ltd

com

a

^

—

1*20

.--

—

■

.■

---

Sep

Royalite

Nov

Russell

5

Jun

8%

Oct"-

1.72

1.30
44c

5%
43c

1.30

Jan

Sep
Oct

July

Oil

St

Ind

———

Oct

Jan

5

Oct

103 %

2,675

31 %C

Oct

85c

100

4%

Nov

6%

lc

Sep

2c

Jan

19c

Jun

lc

1,000

15 %c 15 %C

lc

—

2,250

12c

Oct

70c

70c

200

41c

Oct

1.00

Oct

1.35
2.35

Jan
Jan

Nov

Jan

Jan

98c

Oct

30c

Oct

1,40

1.36

1.45

19,000

97c

Oct

3.20

Jan

15c

15c

500

10c

Oct

20c

Jan

.1

20c

20c

20C

100

17c

-Aug

20c

1

22c

22c

23c

2,067

8c

Apr

39c

Jan

*

2c

2c

2C

20

2c

Nov

6c

Aug

8c

8V2C

—

4

2.20
57c

Jan
Jan

Oct

10,400

2%c

Apr

23c

Apr

20

500

17%

Oct

24

Apr

2'Ac

2'AC

500

l%c Nov

122

123

12

115

Sep

18

-18%

71

16

Sep

135

July

•

20.

—

.

2'Ac

_100

*

—

18%

149

150

15

1%C

l%c

1,000

150

*

1

Jan

Sand

Oct

Ltd—

_

2.95
74c

7%

Sep
Jun

Oct

River

&

Scythes

Gold

3c
155

19%
150

Sep
Jan

Jan

—

l'/aC July

Nov

4c

Jan

Jan

Co

Mines—,

Shawinigan

Water

92c

Jan

Sherritt-Gordon

10%

Jun

Sigma

Aug

39

Jan

Silverwoods

132

Mar

Mines

Simpsons

Ltd

Petroleum

see

page




1

Jun

3

Nov

...

Jun

Siscoe

6c

Jun

26

Nov

Slave

17%

21

Mar

10% May

Lake

—

Mines

76

55

34C

2,800

25c

v

Oct

49c

Jan

23C

2,300

13 %c

Oct

34c

Jan

2%a

2%0

1,500

lc

Apr

6c

Jan

2%c

2 %C

2,000

2c

Aug

55c

55C

13

40c
57

Nov

Sudbury Basin Mines—/——*

1.40

276

95c

Nov

Sud

7%

30

Nov

Sullivan

1.08

4,800

73c

Oct

60c

2,000

32c

Feb

Mar

1.40

6% Mar

8

Contact

com...*

Gold

3.00

990

19%

155

2c

1,500

1 %c

3

100

2%

20

777

20

277

20

18 %C

19c

4,500

12c

ll%c 12 %c

4,900

2.25 Aug
15

May

Apr
Sep

14% Mar

56

55c

.*

60 %

60%

61 %

1.63

1.31

1.67
3

8c

8c

8c

100

1.15

1,15

1.35

200

Mines

—

!

3C

Nov

Tamblyh Ltd

3.60

Jan

Tip

Jan

Toronto

%c

Jun

Toronto

3%

Jan

Transcontinental

Oct

Twin

22
2

20'A

common

Teck-Hughes Gold Mines
Top Tailors common..—

Nov

12c

Oct

42 %c

Jan

Union

y9c

May

20c

Jan

United Steel

Oct

11 %c

Apr

Upper Canada Mines Ltd——1—'

2%c Oct
lc May

10 %c

4%c

Oct

Gold

6%c

Jan

12%

13

153

11

Oct

7.30

7.50

1,143

2.20

2.28

536

_*

19

19

10

l

13%c

14C

6,000

25%

27

695

50

50

90

1,897

»

2.24

26

100

—*

10

10

10%

10%

10

10%

570

20c

20c

20c

200

9%

7'Ac July
2% July

2%

1.50

1.60

2,637

4%

5

4

Aug

68

68

5

63

May

50

Aug

84% Mar

23c

Jun

50c

68

36C

8,800

Jan

Walker-Gooderham

4

Nov

Wendigo

Gold

—

5%

5%

6%C

6V2C

5,700
1,504

6%
33%

120

3%

1,225

Ltd

.6%

—1

3%
.

./79c
—

&

Winnipeg Elec preferred
Wright-Hargreaves Mines.

l%c

Oct

4%c

Jun

Yhiir

5.75

Oct

10.50

2.07

July

2.70
19

12c

Oct

20c

21%

Apr
Aug

28%

Yankee Girl

Jan

55

Jan

7% Mar

10 %

12%
31c

99

Jan

Jan

2,116

29%

16

2,750

11% Mar

11 %c

11 %c

16c

2,900

490

1,833

5% Nov
6%C Nov

2.85
31c

31c
6.35
2.80

Oct

9%

16

Nov.

Oct

29 %c

4.40
62c

960

9c

13,500

17%c 17 %c

500

41c

3.00

5%c
15c

10%
36

Jah
Mar

4'A July

Oct

1.24

Jan

Apr

5.00

Jun

Jan

13c

May

July

22c

59c

Oct

12

4.15

3.10

3.45

1,103

47

47 %

75

18c

18c

5,350

10'/a

370

3.10

Jan

40
8c

Nov
Mar

Apr

4.80

Sep

50

Jan

18c

Nov

9% July

11'A

6

22

Oct

2.90

Jan

18

5

2.35

3,330

1.80

Oct

;5'/2C

5%C

5%c

5,500

2%c

Apr

May

Jan

5%c Nov

Exchange-Curb Section

14 to Nov. 20 both inclusive, compiled from official sales lists
Friday
Last

Sale Price
t

Nov

Canada Vinegars
-Canadian

•

—

Marconi

Jun

Howard

Smith

trust—

Paper Mills

com

5%

6

20

90c

100

Range Since January 1
tlbw
High
4% July
45c

1.55

Jun

Aug

2%

2,259

3

3

100

21

21%

30

9%

9%

20

8% July
9

Press

A—

High

*
*
*

Paper Corp—_——*

Dominion

:

Shares

—*

Consolidated

Jan

class

for Week

Range

90C

5%

*

Nov

Bridge

Bales

Week's

of Prices

Low

Par
—1

Co_

2%

2 Vs

2

20%

9%

9%

20

20

20

20

15

19 %

2%c

2%c

2%C

1,000

l%c

%c

%C

%'C

1,000

%c

1.11

1.05

1.14

2,900

Nov

Oct

7%
90c

Jan
Nov

3%

Jan

4

Jun

24

Jun

10%

Jun

July

11

Feb

July'

23

Jun

Jan

100

Langley's Ltd preferred

Oct
Oct

2,900

July

2% Mar

18

STOCKS—

Fraser Co voting

Oct

79c

3.95

4% Aug
29

2.20

Consolidated

3,800

Feb

Jan

Jan

MiheS.^—^.jl*

Gold

'

May

36%

33%

35C

Jan

Apr

2.20

Toronto Stock

Jan

Apr

32

8.75

18c

Jan

Oct

8c

lc

-100
*

>

Nov

9 % Jun

12c

151/4

3,25

Jan

8%

Jun

Oct

31c

2.34

76

Feb

Jan

Aug

8.25

Oct

Jan

16

46

68c

3,85

10%

47'A
;

-*

common

Jan

5

3.10

—

3.10

__i—t

Nov

86

5,600

,

Worts com—*

Mines

4

15%

35C

—i.1

Ltd———*

55c

32%

8.75

Mines,

Jun

10

49c

1,50

10

6'Ac

.6

Oct

675

48c

1.18

30

28C

•3%

26c

*

1

13c

9%

48c

Jan

Jan

7%C

Waite-Amulet

871/4

18,535

1.98

11%

125

31%

A

i——

Oils

Feb

16%

9

3.90

Oct

8% May

2,100

2% Mar

87%

3.75

98c

1.24

Vermilata C'Jls
Vulcan

500

Jun

66%

—;—-—iA

Nov

2%c

Jan

65c

50

class

Ventures, Ltd.

60

2%C

3c

Oct

—

Canada..——*

of

Invest

51

5,950

Nov

———v*

Co

Fuel

Apr

2,450

lc
39c

•

Gas

Mar

4

400
1,800

4%

—*1

Mines...

% Aug

40c

Jun

3C

Oct

Uchi

1

38c

1,70

Oct

20%

31%

3%

Oct

13 %c Mar

10%

—

City Rapid Transit common—i.*

20 %

Mar

39

195

1.05

Oct

55C

34c

14% Mar

11

1,000

Sep

\ 7c

1.55

Resources

15

35

10c

3%

lc.

.

—50

Mortgage Company

256

3%

Jan

Nov

10%

—1
--*<

Trusts—100

General

51

10c

Jun

1.96

Jan

1.90

314

Nov

Jun

1.19

—u*

2.30

Mar

60c

63%

10%

—.1

70c

5c

Oct
Mar

54C

i.1

Mines———.—1

Consolidated

'

Jan

3

27

———.100

May

87c

56,927

3

,

50

...l.*

common.

———-

River

Jan

75

5

Coal

89

Jan

21c

0

Materials

Canada

6.00

33C

Apr

of

Co

&

65

Nov

76

1

*

Petroleum

Paving

4.00

23c

3

End

Nov

97c

Sep

34c

150

135

Jun

12% Mar
57c

1

Mines

Gold

Nov

19c

i

Sladen-Malartic Mines

Gold

:

19

15

100

.....

55c

Sep

5

56

-1

1855.

3

3

Apr

1.90

—•

—

3

3

*

Mines—.—1

3.85

Ltd

Nov

B

2%c

50%

Kirk]and Lake Gold Mining.
Mines

8

Sturgeon

56

Kerr-Addison Gold Mines

Lake Shore Mines, Ltd
Lamaque Gold Mines

Apr

8

Oct

50%

.1

—

6

4.25

1
8

30c

•

common

50

—.....

6%

20%

.100

Nickel

788

8

-

preferred./.*.— „*

class

*

Imperial Oil—
___»
Imperial Tobacco of Canada ordinary_5
Inspiration Mining & Develop
1

International

4.40

Ltd

Jun

*

*

International

4,450

4

19%

Hollinger Consolidated Gold Mines—„5

A_

65c

55

,_1

common

63c

Sterling

1

:

63c

Apr

*

Metal

15

1

Mines—

9%

20%

—1

.

Mar

20

Jan

—*

Oil

Mar

9c

Power———i.*

&

Gold

Dairies

*

Honey Dew Ltd
Howey Gold Mines
i
Hudson Bay Mining & Smelting—
Huron & Erie Mortgage common

9

1,000

15

6%

10,000

Harker Gold Mines Ltd

5,400

17C

15

Steep Rock Iron Mines..—

2c

-

17

17c

——-1

.

Jan

2c

Mines—

16

17c

0

common.—

Senator Rouyn, Ltd—

24%

1,000

Bridge

2%c Jar

Aug

60,500

.

2.05

Jun

20

3c

Alabastine

Oct

%c

Steel

8c

—_——

1.15

10,000

Nov

8c

common

4,180

l%c

20

2%c

common

1.55

lc

Apr

!_1

trust

1.45

16%

__1

Mining

1.55

1%C

South

——506

:

_1_

.1

—-.1

;

Mining.—

Standard

19c

♦

Gold Mines Ltd.

San Antonio

1.50

May

109

3

19%

...

Mines-.—.——

footnotes

87

4%

600

Mines Ltd

Gold

Westohs

For

85

4%c Mav

50c

.

4%

4'/a

Apr

May

600

Feb

50

Dufault

2c

2,950

Jan

'

Lake

45c

50c

1.25

49c

191

19%

•»

A__

Preferred

Mines

Jan

150

6,500

87

/

preferred—.—.-/.L——100

Anthony

10'Ac

Jan

9 % Aug
32 %

2C
■

■

Goodyear Tire & Rubber

Jason

3

1.50

3%C

Jan

Jan

Oct

4%c
36c

2.90

100

class

Mining

Preferred

Nov

113

1.51

1——

15

19%

_

Mines

International

May

9

1.50

__

—"

_—

*

preferred

Canada

Goldale Mines

Home

16c

Jun

1.25

Sylvanite Gold Mines, Ltd

1

•

Gold

Feb

8

45c

C0c

«

common.

a

Rock

/

1
!

Sep

United

Hard

Oct

6%c

1.45

Sep

'

Hamilton

103%

25

9

1.22

i.01

7%

a

&

60

fe9,500

9

49c

7%

•'

.25

Aircraft

Lime

105

130 13 %C

13c

1

1.40

100

com..

Candy Shops..——_ III
..1 ''
Kirkland Mining.—

Gold

105

50

Mines.———1

10

45c

Fanny Farmer

Gypsum

Jun

1.49

Royal Bank of Canada—j.—

: 60c

'

Falconbridge Nickel Mines..—!

Gunnar

Jan

10c

Mines

Long Lac Gold

Jan

200

1

Mines

Preferred

Jan

38c

1

—!

46c

1,200

_

Investments

Worsteds

vot

90c

Oct

70c

—

Oct

80c

common-

...

Lakes

Oct

Sep

5c

_1

20c

75C

Eastern Malartic Mines....—_—. —1

Great

34q

—

Riverside Silk Mills

6%

80c

—_—____

Preferred

Gate

Jan
Jan

Nov

Nov

3%

2%C

__

Dominion Tar & Chemical

Belt

3%

20c

1

—

27%

—

Gold

2% July

2,800

1

—

July

♦

Stores

God's Lake

500

2,600

—

Queenstbn Gold Mines-

9%

Mining—

Mar

7%

—

Dominion Steel class B

Francoeur

90c

9,700

3%

Feb
Jan

VI, 000

*

————

Quebec

3

100

—

_

Sep

80c

-.3%

—*

Mines—

Jan

22

...

....

Mines

Foundries

of

60c

75c
,

23c

Jun

50

«

Mines.—.;

B

52

9c

C

B

6

410

56c

...

Dominion Bank

Co

of

22

27

—5

_

Corp-Seagrams

Fleury-Bissel

Oct

120

30c

Mines

Mines

13

a

Ltd

Gold

36

1

Mining—.

Pickle-Crow

Preferred

Eldorado

1,430

.—100

8

3%

$

...

Consumers Gas (Toronto

Woollens

10

52,800

40

80c

__1 Bol.

Mines—.

30

19%

7

35c

Mines

Smelting

Dominion

138

123

9%C

50c

Paymaster Cons Mines LtdPerron

154

115

67c

Ltd

Bakeries

Dominion

Aug
6%c Mar

123
6 %C

8c

Mines—

Feb

Sep

141

10

Gold

Jun

126

Feb

25 % Mar

124

27

37%

Malartic

27

0

Consolidated

Distillers

July

3C

Pamour Porcupine Mines Ltd
Pantepec Oil Company—

3%

1

Gold

Consolidated

Nickle

Jan

26

24%

37%,-

.

—a*

—

Jan

80c

Co

Mines

Mines

178

Oct

65

'

Willans
Plow

Apr

5

25%

—J—

Jan

75c

Mines

Mining & Smelting

Cochenour

preferred

Ltd

Jan

1

Chesterville Larder Lake Gold Mines

Cockshutt

158

•165

;

5

.„1
,

Debenture—

6%

I20

Ry._

Cariboo Gold Quartz Mining—
Pat Gold Mines.

Central

&

27

#

Mines

45

8c

common—

3%

.

Gold

Sep

38

Nickel Corp—————1

18c

7%

&

common

Pacific

Canadian

.

39

30c

Steel

Oct

9

*

Locomotive

Jan
Jan

330

47C

Ontario

Apr

__

A—

com

Jun

23%

30c

Ontario

Aug

3%

5%

—^

—

Co

■

'

Canadian Car & Foundry commonPreferred
1.25
Alcohol

19% Mar

47c

Sep

Quemont

Indus

85

■

8%c

May

14

lie

♦
-

-

Sep

19%

5%

120

Class B

3c

Mar

80c

26

:

Canners

41%

•

'

1

125

115

;

21%

—

•

1

_

—±

600

6

Jun

29%c

.*

:

Mines

1,100

121%

#

A

7

Oct

lc

Mines

x—

16c

28%

100

Preferred

4

11%

Gold
Oils

4%

116

116

50

_

4c

1.01

33%

•„

100

29%

May

165

♦

16c

—^

May

20c.

25%

25'A

——5

9 3'A

Ltd

_

Ltd-

Corp

preferred-

4%

.

16c

*

Jan

20

July

July

22%

Canadian Bank of Commerce.

Canadian

May

9

8

Canada Steamship Lines commonPreferred

18

21 %c

22%

Mortgage.

Oil

100

5

—

1.40

500
100

-

*

/

Mining

Star

10,700

11%

100

Co

North

24,400

2 %c

III

Permanent

Normetal

Jan

23

12

*

Nov

21

preferred-

1st

5%
18

36c

2%c

a

Ltd..

Malting

Canadian

5c

Oct

85c

27

40%

41%

—100
Naybob Gold Mines, Ltd———_—1

12

'

3% July

21%

,

20

Jan

#

Canada

Golden

preferred

6%

21

1,820

,

24q

•

27

..100

;

National

4.40

34c

1.02

Apr
Mar

2

100

.

-

6%C

Nov

Nov

12%c

200

22%

3

.

43c

6%

24c

24c

"

——J,*

375

•

,

1.01

—

common™

-

2%

'•<.

33

7,465
-3,900

Monarch

6.65

—

Mills

Canada

Gold

Aug

11%

—'

Preferred

Class

Jan

11c

65c

,8C, 87/eC

,

3% May

445

39'%

61C

64c
8%c

,

:-~r*

common.—

150%

•,

Minesj/——

Steel

Linen

Calmont

,

Jah

1.04

Aug

*

common

Calgary & Edmonton Corp Ltd.

Ford

45%

123

22%

Canada Cement common

Fleet

Oct
Oct

•

•

38%

39 %

'

1 \'

11%

#

A

Products Ltd—

Burlington

Federal

NoV

160

10

■

,—_

Debenture

Building

Dom

Nov

5 %

6.65

Oil

Buffalo Canadian

Dome

13%

134% 135%

36e

Denison

Apr

2% May

11%

__

Oil—:

Delnite

10 %

Knitting common
100
Porcupine Mines:.—
1
Montreal Light Heat & Power———"*

7%c

*

British

Can

Oct

285
200

Moneta

Corp

Jan

5

4%

—5

—

Canada-

Feb
Mar

2%

135/B

13%

Oct

8C

6

*

Mines,/'———*

of

%c

Sep

1% Mar'-

20

Jan

Corp

Feb

4%

4%

Nov

Mining

%c

25
50

Apr

94c

1—

*

•
Brazilian Traction Light & Pwr com
Brewers & Distillers
::5

Class

8%c

Gold

500

5

2%

2 %

common—

Mclntyre Porcupine MinesRed. Lake Mines

Jan

Jan

2.22

4%

National Trust Company-——

Bralorne

Brown

McWatters

Oct

Jun

170

11%

10

%C

%C-

1.00

1.68

1,134

110'A

7%c

20,715

Jan

2.85

54c

6 %

Feb

8c

_

1.59

1.43

Oct

4%

102

10

_.

__

Mar

1.37

6

35

6%

Oct

30c

5,610

4%

190

20

82c

10,000

6%

200

6%

6,185

48c

46c-

4%

McKenzie

Jan

6% Aug

1.25

Jan

•

110

1

Mines

Nov

9%c

46%c Oct

1.99

1.35

..*

:
_*

63c

6%

$

class

Top

Bobjo

Jan

21

Oct

Jan

Jun

2%

11%

5

Blue

2 %c

Jan

23%

1.14

%c.

110

110

100

i.

71,700

255

Aug

25%

Sep

1.86

10

10%

*
__100

—

8%C

5c

Nov

17%

1.23
'

1.50

—

Oct

12

Oct

19

98

._*

—

common—

Apr

200

3%c

7%c

1

Beatty Bros class A__
1st
preferred
Bell Telephone of Canada

59

14

60c

155

18

—1

Manitoba & Eastern.—
Maple Leaf Gardens pref
Maple Leaf Milling common

lc

1,500

2,700

19%

Jan
Jan

60c

Oct

19

1

Mines—

Fields—

1.15

7C

38c

1.90

__1

Jun

21

6,850

8c

10%

6V2 Mar

17%

—1

Feb

1.75

6%C

56C

73C 74 %C

73C

Nov

lc

—*

115

17%

15c

1.12

50

—

High

Oct

2,000

9

19 Vs

7%c

2c

100

,

preferred

Mining Corp Ltd—

Low
3c

6C

53c

53c

—

Preferred

Barker's

Range Since January 1

Jan

1.13

—1

Shares

9

1

—

for Week

High

6c-

3

85c

Apr
May

21%

Class

_1

Bagamac Mines

—1

Candy

_1

Ltd—

Mines

2.00

7

Aug
.

40c

*
*

—

9c

2.00

„

Anglo-Huronian

Low

Little Long Lac Gold Mines Ltd.
Loblaw Groceterias class A

High

Oct

6c

89C

Pacific

Pacific

Secord

Shops
Leitch Gold Mines, Ltd-;

High

15c

—1

4

Laura

common..^

.

Alberta

Alberta

Aldermac

6%

Low

Lapa Cadillac Gold Mines—„.

Sales

Range
of Prices

Sale Frice
Par

sales lists

Sales

of Prices

Par

STOCKS—

July

Oil

Selections

Jan

Osisko

Jan

Pend

Lake

Oreille

—*

—

Mines
Mines

—

1

-—1

•

85c

3c

Jun

Nov

6c

Jan

Aug

1.75

Jan

Jan

156

Volume

THE COMMERCIAL & FINANCIAL CHRONICLE

Number 4127

1855

OVER-THE-COUNTER MARKETS
Quotations for Friday Nov,

20

Par

Insurance Companies

Agriculture

10

47 'A

-

30%

Agricultural

,31%

6%

2%

3

67

Electrical

70

10

31%

22%

American

Equitable—a—a-!—,5

—

61%

64%

Oils

.

American of Newark
Re-Insurance

American

,

.-5

42%

45%

Merch & Mfrs Fire N Y——4

6%

7%

Merchant Fire Assur

13%

47%

56%

10

National Fire——

—-

Railroad

North Amer

—10

Reserve

American

National Liberty-—

54/*

52

Surety——a.——25^

American

—1—2
'1

ft'

,

:

'

7%

25

70

Boston

—

.———100

—

537

New Amsterdam

73

557

Bankers &. Shippers—.

—10

28%

—5

19%
14 %

15%

Fire

40%

14%

27%
1

5

Continental Casualty——

29%

.

New

32%

34%

—,—10

38%
53 %

2.50

34c

25c

63c
15.96

17.45

5.52

6.04

Series

C__

a

;

11.34

4.35

2.74

5.10
3.09

76.23

1.19

Wellington Fund—,!

12.13

77.77

71c

11%

B

38c

.1

5

3%

—12.50

79%

——„25

90%

•
—a-

.

—•

Selected Amer Shares

4%

Investment

,

Fund, Inc.

24%

23%

River

Northeastern

40%

Phila-^.——10

13.08

1

14.42

2%

Selected Income Shares

7.42

1

-

Banking

Corporations
A Blair

8.10

&

A

3.32

Boston

First

Co

1

Corp

60c

83c

10

10

11%

55%

Federal
Fire Assn of

North

,

33c

B

U S El Lt & Pwr Shares A

•

Scudder, Stevens & Clark
Connecticut General Life——10

4.78

Union Bond Fund series B-

Quarterly Inc Shares——10c
Republic Invest Fund-A_—
1

42%

13

4.60

1

Class

1.72

.

1
.

Trusteed Industry Shares.—_25o

2.10

Fund

1.73

30%

New Hampshire Fire—
10
Y6rk Fire——1—5

21%

City of New York——i—10

1
——1

(Geo)

1.80

l

Trusteed Amer Bank Shs—

2.14

Putnam

.

New Brunswick

Camden

————1

10c

1

ASeries B

36%

,

C
D

ASeries A..—.

1.73

Plymouth Fund Inc.

65.72

1.92

Trustee Stand Oil Shares—

5.44

»

22%

20%

2

Casualty

60.78

1

4.99

_•

Series 1958

161

156

20

•

ASeries

shares

Series 1956.;

•

■

National Union Fire___—

7%"

6%

12.56

ASeries

3.82

Series 1955

8%

'

2%

Baltimore American--

Trust

5,78

11.81

Trustee Stand Invest Shs—

8.25

4.93

,

Series 1953

10%

9%

.

7.50
4.52

...

No Amer Bond Trust ctfs

58%

6.25

5.20

*

State St Investment Corp
Super Corp of Amer AA—

8.11

3.46

—

.

Railroad equipment
Steel

14%'

45 %

2%
10

,

Ask

1

-

7.01

5.67

a.

-

9.73

6.37

—

6.64

8.85

Machinery

5.44

6.03

—

stock

7.27

4.93
1.37

——

,

9.58

6.60

equipment.

Insurance

Metals

18 MJ

17

Bid

Par

Sovereign Investors
Spencer Trask Fund

4.76

8.71

Chemical

Maryland

25

•

Alliance

Ask

7.19

4.31

stock————

Building supply

32%

American

—

Bank

7%

Casualty
-1
Massachusetts Bonding—_12 %

—

Aviation

Ask

28%

_„„_5

Knickerbocker

49%

-

Life

Bid

20

Jersey Insurance of N Y

131%

—10

Aetna

Aetna

126%

Surety-,-—,—10

Par

Ask

6.53

-

-

Automobile
Bid

Par

Aetna Casual &

Bid

New York Stocks Inc-^-

Northern

—

Pacific

Fifeman'S Fd- of San Fr——-25

101%
9%

'10%

——a—5

25%

44

14%

15%

Indemnity Co„

83%

94%'

27

42

Pacific

104%

Newark————5

Flre-_-

Firemen's

of

Franklin

Fire-—

5

•

New York Bank Stocks

39%

84%. '87%

—10-

Freferred Accident
General Reinsurance Corp

37%-

10.

Phoenix

——5

13%
32%

34%

Reinsurance Corp

Republic
Glens Falls Fire—

Globe & Republic—5

Revere

' 38%

36%

5

8

(NY)

(Paul)

____10

Fire

22%

St Paul Fire & Marine

Hanover

—

-

Seaboard

26%

28

—10

...

6%

22%

National!

,13.55

National City

29 Va

26

100

163

Commercial National

First National of N Y.

—100

Ask

il80

1150

12%

25%

27%

17%

——

26%

27%

171

Public National

23%

-

Bid

Par

Ask

16%

a—

23%

9

5

22%

24%

Great American——

5%

2,

-

—10

(Texas)*

-10

Bank <jf Manhattan Co.,
Chase

Gibraltar Fire & Marine—10

Bid

15%

Par

15

Providence-Washington ——10

Surety-

62%

250

Security New Haven—
Springfield Fire & Marine

260

43%

—10

:

45%

%:

Companies

122%

36

25

New York Trust

38%

HbVa

—10

'

'

Standard Accident

Fire——i-———10

Hartford

—

-

42%

—5

——

U S

45%

——100

——

JP&r

309

35%

61

100

37%

65

12%

14%

U S Guarantee--,.

69%

Westchester -Fire——

10

77%
31%

33%

75%

78%

39%

41 Va

10

11 %

12%

Morgan (J P)
New YorkA—

Corn Exchange Bank & Trust.20

34%

'

■

I.

'

'

50
100

;

Investing Companies
Bid

Ask

6.83

6.28

2.01

2.21

13%

15%

1

2.45

2.68

Group Securities—
Automobile

.

v /:

'

4.55

——

shares

5.01

4.32

10.33

Assoc Stand Oil Shares— .—2
1

4®fe

2%

3%

11.32

—5

4%

5

a-—a#

preferred—

5,18

5.70

Equipment
6.66
Food shareSA,—a—a--:—.■/!. 3.39
5.68

6.25

Merchandise shares

3.99

4.40

Mining shares—

12.73

...5.

13.69

RR Equipment

'

.

aa

19.74

.—1

;

21.34

11.20

12.28

Utility

shares

*

Trust-—

8.57

Income

—1

15, 1945

99.26

9.28

Common

137

2060

1960

Commonwealth InvestAA—a, —1
.—1

3.40

3.79

.

3lc

29C

Aviation

Corporate Trust Shares- A-l

1.95

1

Securities

'Institutional

1.84

t%s

i%s

0.55 'In

Mar

1, 1943 b0.70
1, 1943 bO.75

1, 1943

-a—

*

2s

i

2.21

—

preferred-—ia*—_—100

ACommon

1.32

14.97

2.04

11.98

4s

1946-1944

4s

...

—

105ft
106U-

1051;!

1956-1946—.-

1956-1946

mn

10753

1955-1945

3s

Jan,

3s

May 1,

1,

1.03

A 7

%

preferred

100

Cumulative Trust Shares-

Series

118

B-I.a.

25%

Scries

111

:

,

-Series
Series

15.30

•

C
D

Dividend
Eaton

I

A—2.50

-A-

Shares

25c

a—_a

2.95
4.4u

Stock

,_1

:
1

Fund—

•

16.58

7.48

8.23

12.53

13.79

'

97C

1946

107%

1077/s

1947

109

109%

Panama Canal 3s

1961

127

128"%

—•

2%S 1952—
Penn Electric 3%s, 1972—Ia—

Bid

Ask

107%

3%s

1972

a—_— —

102

Ask

106

106%

104%

Pub Serv of Okla 3%s 1971——

92%

104%

Southern Natural Gas Pipe Line

100
QQ

Macy (R H)

3%s, 1956—

99%

S'western Pub Serv 5s 1972

103

105%

105%

Virginia Public Serv 5s 1957—
Wisconsin Pwr & Lgt 3%s, 1971

108%

101%

101%

105%:

106

Quotations For U. S. Treasury Notes

1.07

Figures after decimal point represent one or more
Maturity—
Dec

8-3_:

——

;a—a—

1942

—

7Mar 15,

1943

—

Series ' S-4_————,__C——-

12.62

Jun

15,

10.30

11.35

Sep

15,

8.38

Dec

3.09
5.69

Jun

15,
15.

1944
1944

1

tioomls Sayles Mut Fund.a..
*
Sayles.Sec Fund—.10

74.28

75.80
31.10

Mar 15,

9.46

10.05

Equitable. Invest Corp (Mass) ,5
Equity Corp $3 cony pfd_A,
1

22.45

"21%

Maryland Fund Inc

—

%

100.17

100.27
100.22

1

%

%%
I
%
%%
%%'

100.11
100.29

100.24

100.13
101
99.26
100.13

32ds of a point

Maturity—
Int. Rate
Bid
7Mar 15, 1945
1%%o 100.1
tDec. 15, 1945
%%
99
tMar 15, 1946
1
%
99.4
7Dec 15, 1946
1%%
100
Certificates of Indebtedness—
7%s Feb. 1, 1943—
b0.38
70.65s May 1, 1943
— b0.56
7%s Aug 1, 1943—
— b0.7Q
7%s Nov 1, 1943
b0.81
,

,

Ask
100,3
99.2
99.6
100.2
0.34 k
0.53;;»
0.68%

1944
1945

99.24
100.11

0.79%

24.14

20%

—

Ask
100.4
100.5
100.15
100.19
100.29

7.54

16.91

__i

;

1944

7Sept. 15,

30.48

1943

100.2
100.2
100.13

1%%

1943

2.78'

15,
Marls,

1%%
%%
iya%
1

1943

7.60

Bid

Int. Rate

15,

11.45

.J."'

S-2—-J.
•

5.00

15.9i

fod/PQ

Dihpr

U S Conversion 3s—

104%

92

Lukens Steel 4%s 1952—-

24.44

16.11

i_.

Loomis

Fund

100.26

U S Conversion 3s—

£3

103%

Cent 111 Pub Serv 3%s, 1971

30.09

22.26

Knickerbocker' Fund—*5.16

& Howard—.

Balanced

B-4—...
K-2

Series
•

A —.AAA—

—A

100.23

Quotations For Recent Bond Issues

Sep

16.54

Diversified Trustee Shares—
■

1, 1944

9.23

—27.49

K-l—

Series

—,1

106

107

ft
ft

J.9.15

9.02

Scries 'B-2_a.—._—.

3.81

Delaware Fund.;—

105

1.13

17,61

—_.l

notes—..Feb

ft

105 ft
10553

1955-1945...-

3%s
3s

—Apr 15, 1944

S Housing Authority—

1%%
105

1964-1944.

100.22

100.10
100.4

76c

69c

;

::V Series-'B-3..:.—_ift "4

shares,——10

B

U

100.18
100.8
100.2

Finance Corp—

—July 15, 1943

71%

100,17

Ask

100.24

l

27c

& Forster Insurance—

Crum

0.60%

100,13

Federal Land Bank Bonds—

Keystone Custodian FundsA8%

25c

71%%

Public Service of Indiana

Investment Co

Investors Fund C—

Reconstruction

100.20

2.79

•"

Ltd—

1%S Jan. 3, 1944—
Call Jan. 3, 1943 at 100%—

0.45,^

..Feb

—a—

15c

13.92
1.80

Insurance Group shares—a.
of America—.10

1.84

2.21

ACG mod—-a—

Series

-

3%
1055

3,40

Group shares—, 10.93

.—1

ACrum & Forster common—10

2%

1015

Bid

99.28

1, 1942 b0.60

Bid

Bank Group shares.,.—

.—1'.
mod.—

Series AA

.12

77%

4.16

1.21

-.L—.a-aaa.a—aIOc

Incorporated Investors
.5
Independence Trust Shares.—.*

142

■

53%

74%

States

Federal Natl Mtge Assn—
2s
—May 16, 1943

100,4

Apr

—.

Empire Gas & Fuel 3%s, 1962—
.100
.100

Preferred

35%
172

162

25

Ask

—Dec

—!

4%s

Foundation Fund Inc

25.72

1

Chemical Fund—.——

3.77

5c

Holding Corp...—1

3.05

23.92

1

Inv Fund Ltd.

Canadian

3.12

2.52

——-a—-

A Huron

2.45

.

-w \

2.84

2.82
3.08

-

Steel shares^...a—-'-a—:
—5

5.02

2.57

,

—

Tobacco sharesA-A.A-A—a-.

5.00

4.56

,

,

shares

3.74

4.54

——

shares—a———a

shares—!

Railroad

3.00

-10

Industry Shares—
Boston Fund Inc—
Basic

Feb

100.2

Federal Home Loan Banks-

7.33

Petroleum

Century Shares

.

Electrical

Bankers Nat Investing—

A6%

5.41

—,—.

General bond shares..

Axe-Houghton Fund Inc-—

A Common

4.91

Chemical shares

10,73

-ii

6.70

shares—.

Aviation

5%

9.98

6,09

Building shares.———

.10c

Commodity Credit Corp—
%% ————May 1, 1943
tl%%

;

3.92

shares.

Agricultural

United

236

231

Bid

-10

51%

Obligations Of Governmental Agencies
Par

Ask

.1%

26%

33 %

—100

& Co

Title Guarantee & Trust-

'

-

!

Guaranty

.A.l

23%
20

■47%

'

Empire—

Bid

11 %

1210

35%

44 %

Ask

lOVa
1160

20

common-

Preferred

Continental Bank & Trust..
'

Bid

—

Manufacturers

81%
'

100

County——.
Lawyers
Kings

20

Central Hanover

——2.50

—

Par

—10

———_

—

Chemical Bank & Trust___L„,10

67%

Par

Irving

48

28%

27%

!

——

0

Ask

299

—10

—

Brooklyn

30%

46

Kid

100

—

Bankers

430

28%

———4

———10

Fire

420

Fidelity & Guaranty Co__2

U S Fire——

Insur Co of North Amcrica--_10

Homestead

56%
Bank of New York

Travelers

Home

54

91

88

Hartford Steamboiler Inspect.-lO

10

a

Manhattan Bond
Common

Fidelity

Fund

Inc

!__•'"

10c

6.85

aIOc

2.90

3.45

14.98

Mass

Investors

Trust.A

1

16.45

1:53

Mass

Investors

2d

1

7.93

8.53

4.68

5.24

Mutual

Inc.—10

8.08

8.84

lOo

1.60

United States Treasury

17.69

1.39

5

Industrial Fund,
Mutual Trust Fund

13.93

Inc,

Financial
First

Fund Inc-v

—

.

Invest

Fund—a

Fund

Rates quoted are

Fiscal Fund Inc—

Bid

Bank stock series

Insurance

stock

.a

series

Trust

Fundamental

2.57

10

3.05

3.55

Inc—

15.77

17.28

2.86

(Colo)1 series B shares...

2

Fundamental Trust Shares A,_2
B

General

3.80

.4.59,

3,51

Corp—IIIIIH*

25.50

•27.42

3.93

4.24

Investors Trust,




,_l

voting shares

Nov. 25,

2.84
.99

National Investors Corp
National

l

4.96

1.09

6.39

Dec. 30,

Dec.

Security Seriesseries.

Income

5.80

series...

3.52

5.34

Preferred stock series.

5.36

5.92

9.85

10.62

a

b0.375

0.25%

Jan.

13,

1942

b0.375

0.25%

Jan. 20,

b0.375

0.25'.

Jan.

27,

b0.375

0.25%
0.25%
0.25%

Feb.

3,

—

23, 1942

b0.375

b0.375

1942

a

1943—

——

1943
1943

1943

Feb

10,

1943

Feb.

17,

1943

—
——

!

-

bO-375
b0.375
b0.375
b0.375
b0.375
b0.375

b0.375

Ask

0.30%
0.32 %

0.32%
0.34%

0.35%
0.35%
0.35%

3.90

4.84

a—

4„a,

1942

X_aa

1942

5.36

Bid

1943

Jan, 6.

1942.;

Dec. 2,

Dec. 16,

Low priced bond series

•

_

Capital

*
25c

Dec. 9,

Bond

General

Securities—

,

Ask

Treasury bills—

7.74

l

Nation-Wide

(Md)

Shares A

Invest

1.78

10c

Fixed Trust Shares A
Foundation

.

Bills

for discount at purchase

New

England Fund

1

♦No

sCash

par

value.

sale—not

*», Odd

Included

in

lot

b Yield price,
d Deferred delivery,
r Canadian
for year,
x Ex-dividend,
y Ex-rights,
tin default.
A Quotations not furnished by sponsor or issuer.

sales,

range

bonds are subject to all Federal taxes.

;inese

>

Monday, November 23, 1942

FINANCIAL CHRONICLE

THE COMMERCIAL &

1856
v1
'

i

t

and Investment News

General Corporation
RAILROAD

PUBLIC UTILITY

-

♦Net

$1941
$1,733,025
$2.24
Federal income and excess proftis

-

share

Earnings per common
'After charges

taxes

and provision for
of the 1942 Revenue Act
common
stock.
^Revised.

of

shares

The

that

states

company

mondths of

for the first nine
like 1941 period.

sales

net

1942 showed an increase of 20%

tOn 755,456

1942).

in

basis

tne

(on

over the

profits taxes, or any possible readjustment of taxes which the
company may
receive under the relief sect.on of the new law."—
V.
156, p. 951.
excess

Supply Manufacturing Co., Inc.—Earnings-

Aero

Sept. 30.'42 tJun. 30,'42 fMar. 30,'42
$4,771,548
$4,236,184 $3,648,946
307,635
260,434
210,605

Quarters Ended—
sales

'Net

____

income

'After charges and

35-Cent Class
A

class

of 1942.

Federal taxes based on the Revenue Act

fRecalculated and based on the Revenue Act of 1942.

•

•

-

Dividend—

B

the

Dec.

June 27, 30 cents,

Payments during 1941 were as follows;

3, last.

23,

cent?.—V.

50

156,

preferred stock,

cumulative

Virginia—Earnings—

Alberene Stone Corp. of

Net

sales
income

__________

after all charges and taxes-——.

$0.37

Earnings per share on 65,475 shares.—,

Air Reduction Co., Inc.—Earnings—
wholly

(Including
1

—V.

Operating

$19,943,563 $14,504,904 $54,506,381 $38,918,847
14,111,487
10,199,150 38,339,614 27,068,763

_

expenses

for

Prov,

allow.

&

(less

income

Net

in¬

15,143

charges)

come

Fed.

income—

on

$5,087,125

112,998

181,862

45,012

»

bef.

income

taxes

$3,888,467 $14,195,284 $10,687,736

$5,071,982

operating income

Other

$3,933,479 $14,377,146 $10,700,734

Provision fof Fed. taxes
3,345,597

2,036,434

9,382,710

5,565,933

$1,741,528

$1,897,045

$4,994,436

i

Net income

for

Adj.

Fed,

exc.

have

156,

earned

shs.

per

—V.

$1,897,045

$4,994,436

2,713,337

2,715,137

2,713,337

$5,234,801
2,715,137

$0.6987

$1.8407

p.

$0.8020

Electric

Appliance

Subs.)

(&

Corp.

the

directors

Period—>

Sept. 30, '42

profit

$80,871

_

charges and Federal income
of

Act

1942).—V.

156,

taxes
p.

Oct. 4, '41
$99,793

22,

28t

Like

made.—V.

Alabama Tennessee
(Income

operating

Maintenance

Traffic

and

way

of

Maintenance

for

Account

Month

structures

—J-"
1

_

$167,655
33,908

13,795

—

!

___

Transportation expenses

Net

1942)

September,

equipment

expenses

General

of

______.iL—

revenues

of

;

;

,

5,175
$64,777

operating revenue

Railway tax accruals

Total

5,031

—.

$59,746

revenue

non-operating

Gross

of

freight

30

income.

income

Hire

;

cars

-

-

Drl3,903

for

$44,733

interest-

156, p. 1321.

Alabama Water Service

Co.—Earnings—

12 Months Ended Sept. 30—
Water

_____

493,648
230

$1,271,606
545,191
Crl0,281

$1,178,387
500,518
Crl7,542
44,294

515,378

,,

%

:i-_,

revs:-

oper.

Operation

*

___

expenses

charged

.

to. construction.

Maintenance
and

Retirements
ice

replacements

of

water

and

66,148
65,393

____■

income

66,012
64,966

128,276

property

General taxes

112,816
Cr22,230

87,281

taxes

\* *

'

•

Net earnings

Other

Gross

interest

__

$338,231

share

168,109
5,078
31,678

long-term debt

'

Miscellaneous deductions

4,156
22,157

♦Amortization of debt discount and expense

1;

income

Net

Dividends

paid

$154,686

on

common

ended Sept. 30. 1941,
subsequent to redemption.

purposes

of

As

years

1940

Federal
would
No

result

call
in

and

income
have

a

the

bonds redeemed

taxes

applicable

of

the

premium,

Without
for

the

deductions

discount

1942. and $17,605 in the

refunded
for

and

issue

Federal

for

periods

income

profits

v"

such

applicable

expense

deductions

the

tax

ended Sept. 30. 1942 and 1941,
$103,750 and $56,250, respectively.

tax was

deemed necessary.

(2) Provisions for Federal income taxes for the nine months ended
Sept. 30, 1942, were computed by the company - prior to the passage




the

Sept. 30—

profit
______
and discounts
and service charges
earnings (net)
——J.

Other

licenses

of America—$3

75

cents

was

Common Dividend—

17 declared a dividend of $3 per
12 to holders of record Nov.

payable Jan.

stock,

pref.

156, p.

1412.

share on the
Distribu¬

27.

1

to

holders of

■

$21,609,605 $19,371,376

Interest
debt

Aeronautics Board

ously-adopted

to Recap¬
Cut in Rates—

of

policy

on

"excess"

recapturing

renounced a previ¬

13 formally

Nov.

mail payments made to

domestic airlines over past years.

recqnt decision involving Pan
American-Grace
Airways, was formalized in a CAB decision aban¬
doning all attempts to recapture more than $4,000,000 of "excess"
earnings of American Airlines, Inc.
In explaining its policy towards recapture, the Board declared such
action is "contrary to sound public policy in view of economic uncer¬
tainties
surrounding
air
transportation
in
time of war and the
necessity of maintaining the financial integrity of the carriers."
The recapture of American's "excess" payments had been ordered
by CAB last March, in a decision which also directed a sharp reduc¬
tion in the company's future mail pay rates.
In
its present ruling the CAB vacated the recapture
order, but
ordered
a
reduction
in
American's mail pay rates, effective
from
The

reversal,

policy

indicated

in

a

April 1, 1942, which will cut more than $1,333,000 annually from the
company's mail payments.
It also strongly urged the carrier to give
"early consideration" to a reduction in passenger rates.
The CAB set a new rate of 0.3 mill per pound mile in American,
the same rate it ordered earlier in the week for Eastern Airlines, Inc.
The Board estimated that the new. rate would yield about $2,428,456
mail

pay

express

year
and that American, at present passenger and
would operate at a profit of $7,672,790 per year, in¬
but before Federal normal taxes and excess profits

per

rates,

cluding mail

of "economic
previously neces¬
sary in mail pay to permit profitable operations.
A similar state¬
ment was made with regard to Eastern Airlines, at which time the
Board indicated a belief that all domestic lines were rapidly approach¬
ing the point' where governmental subsidies could be withdrawn.—
said

self-sufficiency"

V.

156,

p.

American

and does

has

reached

now

a

state

the allowance

not require

1463.

American, British & Continental Corp.

—

Debentures

'

total
dated
Feb. 1, 1928, par and ,int.
Payment will be made at the office of J.
Henry Schroder Banking Corp., New York paying agent, 48 Wall St.,
N. Y. City, or at the office of J. Henry Schroder & Co., the London
paying agent, 145 Leadenhall St., London, E. C. 2, England. If pre¬
sented in London the redemption price shall be collectible at the buying
rate for sight exchange on New York on the day of presentation for
of

collection.—V.

Net

on

income

154,

American

p.

1373.

This
on

compares

the

stated:

320,571

$2,873,015

to common stock.—__
outstanding (shares)___

applicable

$4,265,285
2,618,364

2,618,364

share of common stock
—
$1,10
$1.63
adjustments for taxes and contingency provisions
reflected in the audited statement for the year.
tAfter deduction
per

retroactive

♦After
as

of

administrative expenses, but before deduction

selling and

plant,

of

net

income

as

include the equity in the
(50% owned or less).

not

does

above

undistributed net income of associated companies

Special Dividend—
The

directors

Nov.

on

17

declared

a

of 75 cents

dividend

special

share on the class A and class B common stocks, payable Dec.
of record Dec. 1.
The dividend is payable in shares

per

holders

17
of

preference stock at par $10, In the ratio
of one share of preference stock to each 13 1-3 shares of class A or
class B common stock, with cash to be paid in Leu of all fractional
shares of the preference stock.
On Dec. 17, 1941," a special of $1.25
was paid on the class A and class B stocks in shares of 5%
preference
cumul.

5%

company's

stock.

■

directors

Tiie

/

.

,"

■

the

declared

also

;

■■

quarterly

regular

dividend

of

15

the class A and class B common stocks and the
usual quarterly dividend of 12Va cents per share on the 5% cumul.
preference stock, all payable in cash on Jan, 2 to holders of record
Dec. 12—V. 156, p. 747.
cents

share on

per

American Distilling

Co.—Acquisition—

President, on Nov. 16 announced that this com¬
pany had acquired all of the outstanding capital stock of Ben-Burk,
Inc., maker of Old Mr. Boston beverages.
The price was not revealed.
The deal was consummated through a group of banks, it was stated.
The
former owners of
the shares were H. C. Berkowitz and Irwin
Russell

R.

Brown,

Benjamin of Boston,

Mass.—V.

156, p.

1321.

Inc.—Earnings—

American Encaustic Tiling Co.,

1939
$10,328
State taxes
and 1939, and also after Federal excess profits taxes
1940

1941

1942

3 Mos. End. Sept. 30—

profit
:
t$21,413
$26,867
$21,912
'After interest, depreciation and estimated Federal and

♦Net

in

1940,

1941,

in

1941.

tLoss.

Operations for the nine-months period from Jan. 1 to Sept. 30, 1942,
resulted in a profit of $14,408 after allowance for all charges in¬
cluding
of

taxes

interest and after adjusted
$9,600.—V. 156, p. 659.

provision for

»

American Export Lines, Inc.—50-Cent
directors

The

the

on

Like

Nov.

declared

9

a

dividend

Dividend—

of 50 cents

share

per

stock, payable Dec. 11 to holders of record Dec, 1.
paid on March 12, June 15 and Sept. 15, last,
15 and Dec. 15, 1941, as against 25 cents each on

common

amounts

and

on

Federal and State

were

Sept,

on

March 14 and June

16, 1941,—V. 156, p. 597.

American Felt Co.—$2 Common
directors

The

have

with
Dec.

notice

"With

Shares, Inc.—Smaller

declared

dividend

a

of

five

cents

Dividend—
per

share

Dec.

a

12

Dividend—

-dividend, of
to

holders

of

$2

per

record

share on the
Dec. 3.
This

Dec. 22,

with $1 per share paid on June 13, last, $2 on
and $1 each on March 12, June 13 and Oct. 1, 1941.
directors also declared the usual quarterly dividend

compares

1941,
The
per

share on the preferred stock,
15.—V. 155, p. 2090.

of $1.50
payable Jan. 1 to holders of record

American Foreign Investing
End. Sept. 30—

Operating

Corp.—Earnings—

22,225

t$l,913

$4,496

1939 '
$25,341

23,450

20,51$

$10,175

$4,826

1940

$26,722

23,417

expenses

$33,626

1941

1942
$21,503

income

'Total

'

'

■

Excess of income over
oper,

expenses

Prof. real, from sales of
(based

securities
average

on

77,704

11,209

36,378

46,158

$75,791

cost)

declaration

the
of

Prov.

—

$15,706
4,450

$46,553
12,000

$50,984
8,100

for Fed.

inc. taX_

25,487

,

on

record Nov, 16.
on-June 1, last, and

8 cents per share paid
1, 1941, and 4 cents paid on Feb. 28,

accompanying

the

payable

stock,

common

declared

have

<

stock, par $1, payable Dec. 1 to holders of

June 2 and

In

Business

directors

common

$4,585,856

415,008

stock

preferred

stock

Common

Earnings

Total

The

income taxes

contingencies

income

Dividends

9 Mos.

Corp. has called for redemption on Feb. 1, 1943, a
5%
gold debentures of the above corporation

The Equity

the

304,160
7,871,709
750,000

$3,288,023

for

Dec.

Called—
$200,000

638,945
10,600,000
750,000

___

for Federal and foreign

3,592,214
2,267,437

3,681,603

pay,

Board

The

2,651,034

depreciation-:
process development expenses___
and other charges on funded and other
and

and

Research

Airlines, Inc.—CAB Drops Plan

Mail "Excess" Pay—Orders

The Civil

_____

income

Total

Depletion

530,853
361,302
33,669

533,492
454,353
19,483

interest

Royalties,

to

outstanding

15.—V.

Dec.

American

to
the

provision- for

years

approximately

accrual for excess

to

the company had ho taxable income for

1940,

1941.

been

61,705

stock

'Including $21,341 in ,year ended Sept. 30,

Notes—(1)

$230,056

62,616
60,000

preferred stock.

year

of

distribution

a

each were

$1

ture Air

of

Dividends paid on

on

stock, payable Dec.

on

record

$434,921

157,232

income
on

$429;553
5,368

$332,973
5,258

_

(net)

income

14,

taxes.

Depreciation of electric property—:
Federal

$684,509

56,625

_

revenues

General

$756,228,.'

____

revenues

Total

1941

1942

revenues

Electric
Ice

313

__

—

available

Balance

822

—

——

Miscellaneous rents

-V.

$59,776

—_

(balance

Joint facility rent

yaid
1941,

were

June
1202.

on

156, p.

paid
156,

(& Subs.)—Earnings—
1942
*1941
$20,602,277 $18,445,552

operating

Note—The

50 cents per share on
15 to holders of record
June 12, last, and on Dec.

dividend of

a

made on this issue on March 21, June 12 and
Sept. 10, last. Payments during 1941 were as follows: March 21, June
10 and Sept. 10, $1 each; and Dec. 12, $3.
The directors also declared the usual quarterly dividend of $1.50 per
of

tions

the

net

amounts

The directors on Nov.

45,559

.

issue

depletion and depreciation.

4,441

expenses

Total

tNet

Dividends,

value, payable Dec.

par

no

Alutninum Co.
;

Northern RR. Corp.—Earnings

&

this

on

■

the

computed under

(in 1942

951

declared

have

while

common

Total

interest, etc.,
profits taxes.-

stock,

1941,

Nov.

Wks.End.

9 Mos. End. 40

Revenue

812,220
$1.87
$2.36
but before provision for Federal

depreciation,

common

on

record Dec. 7. This rate has been
since and including December, 1937.—V.

American Cyanamid Co.

50-Cent Common Dividend—

1145.

Earnings—

'After

$1,917,041

800,675

—__

share__—_____

per

'After

income and excess

The

the

—

—

$1.9280

share

Air-Way

♦Net

1941
$3,039,282
1,122,241

$1,502,844

inc. & exc. profits taxes

capital stock-

Earnings
$2,176,013

outstdg._

Earnings
156,

on

stock__

outstanding

consolidated net earn¬
the 5% pref, stock,

of $5 per share,

1463.

Net

1942
$5,530,456
4,027,612

Sept. 30—
;

profit

Net

Dec. 7.
and on

The company has no

1941.

(& Subs.)—Earnings—

Allied Mills, Inc.

Cr434.485

15,

dividend out of

a

1942,

Provision

Prov. for Fed.

21 to holders of record
share paid March 16, last,

Dec.

per

dividend policy.
directors also declared

Dividend—

dividend of 25 cents per share

a

and Dec.

15

Provision

♦Profit

bill

revenue

inc.

Net

the 1942 Revenue B.ll.

rates established in

the tax

1686.

p.

Shares of

Com.

share.

reflected

not

—V.

$904,379
t$0.68

$904,370
t$0.68

—

per

cents

for the fiscal year

9 Mos. End.

6,890,198

11,709,400

2,459,356

enactment

to

new

profit

12 Mos. Ended

made in 6 mos.
ended June 30, 1942,

of

The

ings

.

.

":,3,654,000

—

$2,874,626 $3,989,236
t$2.17
1S3.Q4
♦After
a
charge
of approximately $716,000 for retroactive wage
increases in accordance with the directives of the War Labor Board,
ton 1,259,901 shares of common stock
tOn 1,255,010 common shares.
Note—The
company
states that the previous earnings statements

tax

prov.

prior

taxes

Earnings

$5,234,801

income

on

fixed

15

14, Sept.

14, June

declared

17

payable

stock,

with

compares

March

Nov.

on

common

i

1,162,348

>

Net

Net

directors

the

p.

Steel Corp.—Earnings—

and excess

income

Fed.

profits
1,971,463

417,287

760,094

amortization

Co.—To Pay Common

American Colortype
The

1942—3 Mos.—1941
1942—9 Mos.—1941
before Fed. taxes '$4,558,370
$3,363,735 $14,584,026 $10,879,434

Profit

and

deprec.

13, stated: "Actual, earnings
past six-months' period are estimated at
resulting in the declaration by the directors
of 5 cents at the present time.
"It
is only fair
to point out that during the early part of the
period there was a larger holding of U, 8. Government bonds than
would
normally be the case;
and that current earnings are at a
higher rate than 5 cents semi-annually.
The next dividend, payable
June 1, 1943, should more accurately reflect the normal earnings of
the company."—V, 156, p. 1145.
thus

share,

per

the

for

company

$.0516

Period End. Sept. 30

sales, less discts.,

returns

951.

p.

.

corporation in a letter dated Nov.

the

payable Dec. 21 to holders of

Alleghany-Ludlum

1942—9 Mos.—1941

1942—3 Mos.—1941

Period End. Sept. 30—

Gross

156,

future."

near

The

annually

subsidiary companies)

owned

the

of

This

1941
$591,329
46,198
$0.70

1942
$577,449
24,457

9 Months Ended Sept. 30—

from . the paid-in
because otherwise

and, being distributed, is no
producing income.
Second, a
more
constructive
attitude
toward
the
stock market is now war¬
ranted.
It is the opinion of the management
that while we may
see
lower prices in the near-term
future, a sustained recovery will
begin this year and the
industrial averages will close higher on
Dec.
31, 1942, than on Dec. 31, 1941.
In view of this opinion, it
is anticipated that holdings of common stocks will be
increased in

on

Net

1012.

p.

(less

$1,043,600; common (out¬
standing 6,000 shares of no par value), $600,000; long-term debt, $4,167,000; accounts payable, $20,877; customers' deposits and accrued
interest
thereon,
$35,726;
accrued general taxes, $73,515;
accrued
Federal and State income taxes, $126,305; accrued interest on longterm debt,
$13,159; miscellaneous accrued items, $13,931; customers'
advances for construction
($57,781) and unearned revenue, $75,865;
reserve for retirements and replacements of water and ice properties,
$544,940; reserve for depreciation of electric properties, $1,106,913;
property reserve, $1,291,261; miscellaneous reserve, $1,357; contribu¬
tions
in
aid of
constrmuction, $9,438; donated surplus, $531,200;
earned surplus, $173,119; total, $9,829.203.-~W. 156, p. 597.

year-end dividend of 35 cents per share has been declared on the
B stock, par $1, payable Dec. 23 to holders of record Dec. 11.
of 15 cents each were made on April 6, July 15 and

and

savings bonds

war

$101,672;

$7,756),

Liabilities—$6

Distributions
Oct.

Sheet, Sept. 30, 1942

(series F), $99,900; accounts and
reserve
for uncollectible accounts and notes
accrued utility revenues, $25,838; materials and
supplies, $89,971; prepaid taxes, insurance,
etc., $18,610i debt dis¬
count, premium and expense in process of amortization, $316,678;
miscellaneous deferred charges, $4,399; total, $9,829,203.
U. S.

receivable

notes

earnings would

capital is returned to
shareholders
•longer available for the purpose of

Assets—Utility plant
(including
intangibles), $8,782,725; invest¬
$39,588; cash, $249,582; U. S. Treasury notes, tax (series B),

$100,240;

the Dec. 1, 1942, dividend, a policy of
be followed.
This policy was decided

with

beginning

net

for two reasons.
First, any withdrawals
surplus account should be of a. temporary nature

upon

applicable to this period, when
Balance

that,

paying only

provisions will exceed

such

that

taxes

ments,

of

,,"The decline of 18% in net earnings," the report states, "is after
providing for an estimated increase in Federal taxes of 73% with
no
consideration
for
the
credit
refund after the
war
of 10% on

Net

estimated

income

MISCELLANEOUS

-

decided

of taxable net income.
It
the liability for Federal
computed as provided in
1942 Revenue Act, by approximately $15,000.

the

is

1942
$1,419,763
t$1.76

Sept. 30—

profit

INSURANCE

-

Revenue Act at a rate of 46%

1942

of

Laboratories—Earnings—

Abbott

9 Months Ended

INDUSTRIAL

-

1941.

June 1 dividend check it was
current .dividend, the directors

the

I

Net

prof,

carried

to

earned surplus acct,
Dividends

paid

'Includes

_______

$50,304
$1.1,255
$34,553
$42,884
19,508
27,595
33,360
43,365
in 1942, $2,065 in 1941 and 1940, and

dividends of $4,205

$1,033 in 1939.

'f Deficit. '

•"

'

•

"

Volume 156

THE COMMERCIAL & FINANCIAL CHRONICLE

Number 4127

Balance

r

Sheet

Sept. 30

American Hide & Leather

Assets—
Cash

1942

banks__

In

for

Receiv.

sold

securs.

Securities

owned

2,188
1,563

8,239

692,659

.

4,583

—

—

_

Accrued interest receivable

Deferred

etc

charges,

Furniture

&

(less

and

$800,325

for

res.

Reserved

1

.

r.——•

$745,060

762

been
V.

purch. but not received
payable and accrued expenses—.
Provision for Federal and general taxes—.
secur,

Common

Capital

of cost

Total
—V.

10c.)

(par

surplus
surplus

Earned
Exc.

stock

—:

.v

1

—-—-—

Ji

I''

—

—

share—

the

opinion
to

of

the

defray

$428,190

108,821

$0.09

$0.37

—,

Net

■

American Ice

842,930
1,340

Period End. Sept.

Drl21,945

Earnings
For

"After

$745,060

—V.

charges,

156,

$260,796

before Federal and

but

1942—9 Mos.—1941

$480,843

certain

State

1012,.

p.

Co.—Secondary OfferingLee, Higginson Corp. on Nov. 16 made a secondary
offering of 10,000 shares of common stock (par $10) at
$19% per share
Consolidated

Income

12 Mos. End.

$50,869

income

taxes.

16

cents

1942—Month—1941

Operating

$8,762,161

revenue

Operation

State

income

35,614,930

32,661,170

437,256

5,542,704

4,992,206

Federal

13,205,370

12,714,507

Federal

1,114,340

elec.

local,

463,827

—

of

Amortiz.

State,

3,084,112

—

-

Depreciation

——

2,802,054

——

Maintenance

$8,503,442$103,883,529 $94,341,173

ii.

1,069,733

$55,057,959 $49,263,235

plant

11,374,856

10,215,438
17,042,461

2,500,027

week

profits

2.698,958

taxes—

—

160,446

2,098,726

1,249,852

456,545

—_

Prov, for estimated increase in Federal taxes—

_

8,333

———

100,000

742.071

672,651

7,646,446

7,155,780

Net

131,334

9,498,231

465,000

Other

855,260

9,725,562

695,665

"Excess

Other

profits

1,329,553

taxes—

taxes

,

802,402

income

Total

Operating income——
Other

$2,253,096 $22,550,286 $26,975,570

$1,499,581

income

18,409

38,000

-

242,974

Int. &

net

income

other

int.

Divs.

608,242

609,721

7,302,265

27,695

36,141

458,525

Stocks-—

323,692

323,692

3,884,098

Balance

Divs.

on

$558,360

stks.—

com.

stk.

365,022

com.

$1,321,542 $11,148,372 $14,915,040
—9,366,450

& Tr.

by public,

etc.—

4,051,281

4,129,365

$4,911,252

net

and

subsidiaries—.

other

Dr2,623

sources

$4,907,140

Co.)

$4,793,752

Lt.

(Am.

of

subs,

$193,338

1,676,684

1,805,994

649,750

Consolidated

■■

$1,236,147

$5,934,075

Undistrib. net income of
subsids.

consol.

Income of

Elec.

consolidated:
Dividends
Divs.

Int.

on

75,731,000

69,808,000
69,502,000

58,153,000

58,981,000

55,518,000
54,914,000

44,359,000
45,582,000

Nov.

bds.

on

365,022

11,767,984

54,165

649,978

67,407

847,210

1,000,572

2,215

3,451

34,820

58,152

Other income

Total

Int.

—————

—

$678,902

(net)—

56,026

deducts.—

90,640

&

&

Divs.

exps.

other

pfd.

on

Bal.

"Federal

stock-—

for

earn,

income

and

Act

r

'!

cents

share

a

140,767

140,767

$1,133,108

1,689,209

of

accruals

for

on

each

the

of

share

addition
current

1,689,209

Gross

$9,037,055 $13,175,069

Sell.

&

twelve

of

stock

common

noted

overaccrual

the

to

include

months

American

above,

charges

Gas

the

of

adv.

&.

Int.

approx¬

at

share

Sept.

sales

on

share common stock.
Pursuant to authorization

11,

1942

Trust

the

Co.,

&

annum.

York,

Int.

divs.

1941

1940

$546,257

$496,303

1942

31,783

26,625

14,049

$469,805

$578,040

$522,928

$495,243

;

1939

income

Net

expenses—
bef. int.

inc.

Interest

expense

Taxes

86,589

94,668

92,198

116,562

$383,216

$483,372

$430,730

$378,681

46,989
114,336

31,054
tl9,797

43,494
f34,602

54,937

$432,519

$352,635

12,365

"Provision

Federal

for

(without

expenses

taxes.

giving

fCapital stock and sundry
effect to results of securities
.

Balance

Sept.

Sheet,

Assets—•

call

Earnings

not delivered

sold,

sec.

and divs.

609,000

—-

Investment in General Investment Corp.—
Investment in Utilitiy Equities Corp
Investment in* American Securities Corp.—_
held

Total

The 50 Pine

in

in

St.

Corp

trust————

2,821,411

—.——_

—

for securities purch., not

871,667

rec.

of

sale

to

it

interest

of

such

Excess

depr.
of

(net)

cost

of

of

of gen.

mkt.
in

secur.

sub.

at which

Common

Surplus

stock
stock

invest,

is carried
par)

($1

over

in

book

—-——

cost—

739,848

——

140,285
170,503

—

166,453
139,607

142,006

20,325,016

(10c par)

——

"Excess

(net):

of

First

American

_

book

York

cost

of

investments

Corp.,

Securities

such

$10,000,000,

at

—_

prices

company

not

exceeding

proposes

principal

over

amounts

carried

herein

$1,758,661; Utility Equities Corp., $189,847;
Corp., $49,087; total, $1,997,596.—V. 156, p. 747.




securities—

63

1,115

3,860

3,950

,

$126,752

Balance for

$122,600
107,511

112,471

,

preferred stock and surplus

Note—Provision

has

been

made

is

for

in

Federal

normal

accordance

considered

'

the

for

tax

' •/.'

^

surtax

and

Revenue

Federal

'v',./

$15,089

$14,281

income

with

necessary

156, p. 395.

for

1942

1942.

of

Act

No

profits

excess

tax.—V.

■■

Armstrong Rubber Co*—Year-End Dividend—
directors

The

class

the

on

Dec.

have

A

Dec.

declared
class

and

1.

Similar

1941,

15,

B

and on Dec.

20,

payable
154,

$1,027,320
428,492

taxes

taxes

$1

15

per

share

holders

of

classes

to

both

on

on

1050.

p.

-Earnings-

1942—Month- -1941

expenses—,

of

Dec.

made

were

1940.—V.

___

revenues

dividend

year-end

a

stocks,

distributions

Arkansas Power & Light Co.-

1942- -12 Mos.—1941

$1,267,201 $13,245,868 $11,930,791
551,727
5,799,159
4,831,801

179,768

128,166

1,608,919

65,233

87,433

856,155

832,724

169,000

113,000

1,476,000

1,279,000

$184,827

$386,875

$3,505,635

51,619

979

195,074

$3,436,270
11,218

——

income

1,550,996

ap¬

on

Other

capital

1941

$32,983

$3,447,488

1,764,009

1,763,690

18,890

230,556

232,150

construct.

Cr9,631

Cr577

Cr46,538

Crll,625

$79,260

$222,524

$1,752,682

$1,463,273

chgd.

to

income

949,265

"Includes
month

to

for

Federal

taxes

of

$514,008

$61,463

the

for

current

and

tional

provisions

949,265

$803,417

A-———J"

Balance

$475,996 for the twelve months ended Sept. 30, 1942, addi¬
amounts required
under the Revenue Act of 1941.—
V. 156, p. 1322.
■;■■.
the

Artloom
The

the

1942

1,

This

last.

156,

p.

no

with

Payments

12'/2

is

after

income

Arundel

taxes

of

after

Profit
but

Corp.—Earnings—

1942—3 Mos.—1941

of

20

1941

were

15

of

Dec.

Jan.

10,

on

record

May: 25

on

follows:

and

share

per

holders

paid

as

cents;

'

cents

10 to

each

cents

2,

Sept.

and

31,

25

25

cents.

v

Corp.—Earnings—

9 Mos. End. Sept. 30—

period

15

during

cents;

953.

dividend

a

value, payable Dec.

par

compares

May 10,

—V.

declared

have

stock,

common

23.

$0.70

Corp.—Declares 20-Cent Dividend—

directors

Nov.

1012.

p.

$3,700,709

147,017

19,836

applicable to
preferred stocks —A.

stock.

for the

$387,854

146,981

and

$50,244

"$0.46

:

profit

/■Li:.;

1942

;

$236,446

deduct..

int.

Sept.

of

______

mtge. bonds-

Inter,

cents;

depr.,

before

1941

etc.,

Federal

income

3

1942

1940

1939

$771,242

$1,063,298

:

&

taxes—

$1,493,427

$994,877

September profit before Federal and State income taxes

1942—9 Mos.—1941

t923,689

123,017

—__

$301,373

$142,404

$609,838

$233,213

$0.5'8

$0.27

$1.17

was $373,147
September, 1941.
Current assets as of Sept.
30, 1942, amounted to $5,721,619 and
current
liabilities
were
$2,688,607, comparing with $3,864,656 and
$1,480,847 respectively on Sept. 30, 1941.
The company reports that volume of work on hand is $17,286,557

against

$114,665

in

$0.45

$356,230

Net

profit

Federal

JAfter

other

excess

depreciation,

Notes—(1)
reduction

40%.

the

before

Federal

tax

profit

taxes,

for

the

realized

in

the

■
above

subsidiaries

extent

for

reserve

•/.: •*'/:

-

foreign

the

but

S.

six

the

and

contingencies.

1942

reflected

months

from

the

45%

The

year-end

Dec.

4.

dividend

stock,
Similar

and June 30,

no

par

of

$1

respective

periods includes earnings
transactions in foreign countries
156, p. 1145.

distributions

Co.—$1 Common Dividend—

per

value,

share

payable
were

has

Dec.

made

21

on

been
to

V.

156,

p.

this

last; on May 1 and Aug. 15, 1941, and

SEC

on

Nov.

affiliate,

declared

holders
issue

on

on June

of

on

the

record

March

14

29, 1940.—

for

$2.25

156,

1146.

p.

its approval

Up—

of Nov. 10 granting the

of

an

cash,

plus

&

RR.,

entire issue of $1,000,000

its
was

taken
on

because

Co.

N.

to

Island

and

to redeem,

collateral 4% bonds of 1952.

Y.

Public

Service

rescinded
its sub¬
at $105,
This action

also

of $1,050,000 to

enable latter

Commission

requested

a

the actions approved by the SEC.

The SEC on Nov.

Edison

the

interest,

accrued

advance by Staten

Richmond Light

to

sell

10 reserved decision

$3,602,000

principal

on

a

proposal by Metropolitan

amount

of

4%%

Associated

Electric Co. bonds, refunding series, due April 1, 1956, to the Associated
Electric Co. for $1,548,860, plus accrued interest, because the Penn¬

sylvania
V.

156,

Public Utility
1464.

Commission

has

not

ruled

on

the

matter.—

p.

1321.

directors
per

17 rescinded

$955,460

approval

sidiary,

Associated
The

satisfactory.—V.

permission to acquire $2,222,000 of its own 4%% bonds of
1953, from Sta,ten Island Edison Corp., an Associateed Gas & Electric

its

dollars.—V.

American Ship Building
A

continues

company

hearing

common

outlook

Associated Electric Co.—Bond Purchase Held

possible

"

.

from

and
U.

first

cover

etc.

The net profit in the third quarter of

of
■

Net

from
to

contingencies,
tlncludes $240,000 to
profit taxes and special reserves for

22,194,672

$19,095,053 $19,423,420

45,580

63

1,697

debentures.

—;—$467,328
inc. and

American
Total

42,199

charges——

income

Net

$1,533,527

over

General

$173,308

Dividends

13,956

"Rrl.997,596 Drl,645,541

Investment Corp.

Preferred

77,975
2,600,000

3,753

$174,571

A

___

long-term debt—.
on interest—_________

reacquired

on

Int.

88,247

owned Dr4,936,278 Dr4,313,206

cos.

Loss

-v

$230,651

(2)

__

investment

amount

$1.63

"165,955

to

93,568

carrying amount
Excess

$42,770

3,400,000

(secured)

—

Unreal,

::

Co.—Earnings—

profits taxes—_

exc.

354,716

Accounts pay., accrued expenses & taxes—
Reserve

$4,111
805,608

General Investment Corp.

t Profit

"Includes

offer to purch. pfd. stk. of

payable to banks

$503,780

1

$19,095,053 $19,423,420

Amt. payable under settlement agreement

Notes

$2.03

Prov. for Fed.

1

_

—

Amts. payable under

$628,263

$0.56

out

Period End. Sept. 30—

1,125,545

Liabilities-

Accounts payable

$173,768

Earns, per com. share—

1,698,316

1,115,164
1

$169,555

2,218
______

interest

State

13,139,768

1

—___

$172,353

Net oper, revenues—
Other income (net)

American Safety Razor

2,649,665

53,546

taxes——

"v;

85,917

8,931,039

11,433

45,977

———

assumed

$552,460

4,718,489

41,250

11,807

local

on

31,297
38,648

609,000

$0.97

for

of

156,

147,534

28,112
58,112

"Federal

as are obtainable within a period of
approxi¬
If at the end of such time there remains as much

shares
net

$493,262

'

taxes

Other

of bonds

share

$113,500.—V.

20,332

48,550

rec———

General market securities at market quotations
Invest, in First York Corp. com. stock—

Investment

1941

$740,145

———

for

receivable

Accounts, interest

Cash

Note—The

23,429

taxes———

Property retirement
propriations

,f

after all charges and taxes—__
per

1941

$469,833

41,250

income

Interest

a

tenders

71,664

and

$3,

15,

135,668

116,500

577,000

Quarter Ended Sept. 30—
Net profit

1941

$493,278

revenues

134,756

44,767

has outstanding $41,153,000 face amount of
gold
debenture bonds, 6% series due 2016, $3,780,000 face amount of South¬
western Power & Light Co. 6%
gold debenture bonds, series A, due
2022—latter issue having been assumed by American—V.
156, p. 1686.

taxes.

during

23,019

operating revenues
income (net)—

Gross

company

trans¬

to

paid

Cr28,500

set

exclusive

The

on

10

were

1942

.

income

and

Other

unexpended

for

amount
:

30
1942

banks—

in

Accounts

60,062

38,000

$300,978

amount

Dec.

$470,260

.

—

Period End. Sept. 30—

profits tax

has

share

per

amount

deprec., renewals and replacements.

Operating
Operating

Federal

1942

SEC

"On

Consolidated

30—

61,188

293,000

$2

payable

same

_

Federal

Other

$755,036

13,261

$200,000

as

actions).

Cash

for

State

&

American Pulley

fOver

45,426

$1,859,030

income

mately six months.

$283,525

——

income—

of

24,596

$243,331

"40,218

$321,891

exp.

——

—

t Excess

$693,848

miscell.

.

to

Total

Operating

$1,813,604

cash disct.

Fed.

of

stock,

the

Corp.—Earnings—

Sept.

'

revenues

Federal

hearing for Nov. 24 on the application of com¬
pany to employ up to $10,000,000 to purchase in the open market, at
prices not exceeding face amount thereof, exclusive of accrued interest,

$481,193

29,146

$218,735

American Power & Light Co.—Would Buy Bonds—

of such

$440,660

150,971

profit

The

Subs.)

bonds—

on

debt

of

Maintenance

573,705

282,530

1571.;'!:::>

entered into a contract with Empire
that the trust company will render

stocks—

on

earned

Ended

revenues

Gross

Net

.

Income—

Cash

Power

Months

Total operating
Operating expense

$1,418,524

429,002

71,505

Net prof, per sh. (approx.)
—V. 156, p.

r-V

Sept, 30 (Incl.

$2,525,136

234,006

$1,203,874

exc. prof, tax "(net)_
Cancell.
of prev, prov.
for
est.
spec.
10%

to the corporation at a fee of $34,000 per

Earnings for 9 Months Ended

$524,246

106,383

"/

providing

advisory service

Oct. 4,'41
$4,720,053

$9,953,788

116,200

surtax——

for

Prov.

by stockholders at a meeting held on Aug.

has

corporation

New

investment

.■

Sept. 30,'42

$1,964,836

dividend

a

preferred

Dividends

Aug.

Arizona
9

Electric

Inc.—Earnings—

$1,216,239

and

for

tax

preference in liquidation of $50 per share and accrued dividends, $4.35
per

the

on

1.

—_—.—<-

3,301,529

deductions

Prov.

1942 were equivalent to approximately
preferred stock and, after deducting

30,

convertible

15,

Dec.

12 and Nov. 17, this year.
Payments
as
follows:
April 30 and June 20, $2 each; Aug.
15, $5.—V. 156, p. 1464.

Net

7,428,652

—'

funded

on

notes pay.,

a

assets

per

record

declared

18

accumulations

of

April

on

Co.—$2 Accrued Dividend—

Nov.

on

rates

on

$1,426,457

income

excess

$86.73

of

holders

1736.

1,440,590

exps,__

opers._—

income

Total

tax

non-recurring

net

based

are

156, p.

4,180,214

sales

on

from

Profit

American General Corp.—Quarterly Report—
The

directors

provision

expenses—

admin.

&

Other

reduction in taxable income due to the 1940
subsidiary. Tax charges for the twelve months ended
Sept. 30, 1941, have been reduced by a non-recurring credit of ap¬
proximately $440,000 due to, the same 1940 refinancing.-—V. 156, p. 1321.
a

74,865,000
1736.

p.

American Woolen
The

record

$970,000 which apply to that part of the calendar year of
1941 prior to Sept. 30, and credits of approximately $180,000 resulting

refinancing of

$1.88

(incl.

depl.)—

profit

&

Gen.

imately
from

$5,225,413

period

Oct. 4,'41

$5,606,671

—

sales

deprec.

profits taxes for the nine months ended

excess

In

current

Sept. 30,'42

sales—.

Cost

of

Co.

156,

account

3Mos.End. 16Wks.End. 9Mos.End. 40Wks.End.

Period Ended—

Net

1942, recently enacted. This overaccrual, which will
adjusted in October, has been determined after giving effett to the
excess
profits tax post-war refund, and is equal to approximately
11

14—__

—V.

Sinking fund appropriation

be

Electric

for

American Machine & Metals,

Sept. 30, 1942, are about $500,000 in excess of the requirements of the
Revenue

taxes

income

prescribed by the Revenue Act of 1941.—V.

$1,446,565 $12,680,380 $16,966,603
79,762
848,896
963,656
92,928
1,105,220
1,138,669

$391,468

stk.

com.

—■

share of common stock—

per

.

Taxes

804,486

$5,129,589
$1.85

—___——

992,840

64,163

advs.___

9,366,450

54.165

.

804,486

balance

Note—Federal

.

&

7—

Nov.

Taxes

Consolidated

.v..'

Earnings

stks.

com.

preferred stock

on

$3,147,056

■

.

pfd. stocks

on

$1,781,922

$1,321,542

Gas &

subsids.

fr.

Co.

Dividends

$193,338

-

Amer.

1938

45,045,000
44,293,000

$6,029,899

(Am. Lt. & Tr. Co.)„

income

net

the last

1939

568,847

———————

$3,147,056

$1,321,542

for

energy

1940

•

55,645,000

Net

consol

output of electric

1941

54,923,000

Undistrib. net income

Amer. Gas & Elec. Co.—

weekly

1Q4.9
,1942

57,061,000

Other

:

Total expenses and taxes

table of

follows:

58,570,000

Prov.

of

income

divs.

1941,

$4,796,375

company-

$1,026,935

11,767,984

$1,781,922

of

from

Inc.—Output—

67,999,000

226,766

Dr4,112

4,228,890

1942,—V. 156, p. 952.

69,304,000

$8,925,740

826,787

for

earn,

held

•_______———______

Subsidiary investment

Income
Bal.

148,759

securities

30,

$8,698,974

$8,962,533

7,330,546

pfd.

on

$8,813,774

(net)

on

ended June

quarter

75,084,000

Gas

$2,291,096 $22,793,260 $27,301,264

$1,517,989

debt-—

deducts.—

&

operations——

325,693

——

funded

on

utility

earnings—;

divs.

Balance
Gross

Int.

from

for

74,554,000

Dec.

earnings

a

31—

9,376,939

acquis, adjust.

of

years

were

——

"Federal income taxes—

cents

24—_

4,674,340

165,202

taxes——

excess

$1.80

$72,893.

14

to

This compares with $411,627
September quarter of previous year and $87,389

in

share

a

WeekEnd.

2,602,111

__

—_____________

taxes

taxes

income

equal

2,314,194

3,843,233
4,857,373

_____

etc.,

etc.,

was

Oct.

1941

18,859,019
Maintenance

taxes,

profit

Output of electric energy of the electric properties of this
company
ended Nov. 14, 1942, totaled 74,865,000
kwh,, an increase
of 7.72%
over
the output of 69,501,700 kwh. for the
corresponding

-Earnings

1942

v"

operating revenues——
Electricity and gas purchased for resale

1942—12 Mos.—1941

income

net

Oct.

Sept. 30—

Depreciation

Period End. Sept. 30—

(& Subs.)

Total

Subsidiaries consolidated

share

a

Comparative

Subsidiary operating companies—

Account

the

1942,

for the week

,

American Light & Traction Co.

Electric

&

30,

$969,784

$0.89

—

Sept.

Federal

_

_

$480,161

share.

,

539,990 shares of capital stock.

on

cents

five

Gas

__

w

ended

1941

$9,458,820 $14,030,023
800,161
2,113,784
320,000
436,000
708,000

_

American Water Works & Electric Co.,

1942—3 Mos.—1941

$481,143

•

_

___:

taxes—

common

quarter

depreciation,

Corp., below.- -V. 152, p. 1579.

Co.—Earnnigs—
—

1942
.......

taxes—

—_

per

the

77

or

Sought-

or

& Film

30—

"Profit

156, p. 1012.

American

profit.

after

,

See General Aniline

Federal

Federal normal taxes
Federal excess profits

9,055

$800,325

before

$278,323

management sufficient reserves have
taxes payable under existing laws.—

all

Co.—Earnings—
—

Profit

149,866

$108,821

—

American I. G. Chemical Corp.- -Tenders

8,668

.<

7,681
713,347
16,594
17,276

—■

—-——~

$217,641

——-

common

Stove

9 Months Ended Sept. 30—
sales

Net

share

$2,599
2,412

42,548

.—

market val. of securs. owned-

over

-

$255
2,623

—

Accounts

taxes—

__——

aside

set

1941

156, p. 1203.

Liabilities—

Pay. for

repairs,
depreciation,
other than |nc, taxes

income

profit
Earnings per

American

1942

after,

exps.

for

Net

Note—In

Total

Co.—Earnings—

Sept. 30—

profit

1,082

for deprec.)-—

res.

Operating

378

752
1,030

-

fixtures

Ended

696,434

6,122

receivable

Months

3

$33,583

delivered——

not

but

Miscellaneous accounts

1941

$96,011

:

—

1857

share

Telephone
on

on

Nov.

the

holders of record Dec. 15.

18

&

Telegraph Co.—Usual Div.—

declared

capital

the

stock,

usual

par

quarterly dividend
$100, payable Jan. 15

ended

Nov.

to

group

1922.—V. 156, p. 1464.

13

was

Dividends at the annual rate of $9
per share

have, been paid regularly since and including

units

156,

Gas

&

Electric

trustees of Associated Gas

The

of

or

p.

net

electric

Co.—Weekly Output—

& Electric

output

of

the

Corp. report for the week

Associated

Gas

&

Electric

129,072,150 units (kwh.).
This is an increase of 9,143,895
7.6%
above production of 119,928,255 units a year ago.-^V.

1737.

Gas

Associated

Electric

&

of

interests

Associated

trustees

system,

Speaking

of the reorganization of
advised Judge Vincent L.

speedy consummation

a

Nov.

on

13

railroads

York,

in

the

S.

U.

Court,

District

District

Southern

of

Such

a

by the B. & O. for 1942 delivery,

Net

anticipation

1686.

carried forward under the Public Utility Holding
Company Act.
Thus, reorganisation would be possible without the
necessity of prior completion of an integration program before reor¬

V.

ganization.
It was indicated that the trustees would follow, as far as
possible, original integration plans.
The Federal Court on Nov. 13 referred to Special Master Frederick
E.
Crane
certain
issues
of
a
proposed compromise
of
differences

plan

would

be

1942

system's

order

The

,

parties

holders

security

authorized

Judge

Crane

conduct

to

It

estates

may

with

modifications

such

the

as

trustees of

court

The
the

City

the

Ohio

Ohio, all

of Bowling Green,

Service

Public

Northern

Northeastern

from

trustees of

the

authorized

also

Water

Cq.

Electric

&

Deferred

Associated Utilities

charges

to

pursuant

to

Notes

operations

to

for

profit

Dec,

Federal

for

Reserve

stock,

the

156,

1941—V.

1014.

p.

zank

income

Total

1,000

Deprec.

earnings

-1.

holds

Corp.

156,

A

stock,

common

like

amount

—V.

156,

cents

40

payable

and

1,

last,

and

$6,062,105
$2.59

Beattie

S. S. Lines (& Subs.)—

West Indies,

Atlantic Gulf &

revenues-

to

mated

in

be

1942.

(2,461,902
Borg-Warner Corp.).
stock

outstanding

;

Net

oper.

Taxes

2,494,534

6,237,314

11,442,382

$1,369,944

$1,702,230

$3,462,707

revs._

other

and

profits

Operating

produced

$586,093

$744,388

f

386,480

-

384,173

>

and other current expenses

Operating profit
Non-operating revenue

$199,613

.

excess

income

Provision

491,657

331,161

174,472

71,277

Inventories

1,961

1,632

$201,574

$362,046

37,500

,

—

taxes

for

$737,911

$1,195,472

$1,371,069

14,043

142,475

Net

$2,971,050

32,818

income

35,558

expenditures
the

Note—In
Gross

income

$770,729

$1,209,515

$1,513,544

expense

70,255

79,415

215,994

Goodwill,

$268,846

3,843

<

$700,474

$1,130,100

$1,297,550

213,336

466,419

ciation.—V.

made for

allowance has been

900,292

9 Mos. End.

Operating
Gross

profit

Provision
and

for

deprec.)

profits

excess

Liab-ilitiesrrr-

-

$1,067,990

$531,928

L

Balance

statement

above

the

includes

$3,091,869

$1,163,785

earnings

subsidized

on

operations of the New York and Cuba- Mail Steamship Co. (a wholly
owned subsidiary of Atlantic Gulf and West Indies Steamship Lines)
before

provision

one-half

of

of

for recapture by the U. S.
the profits in excess of 10%

Maritime Commission
on the capital neces¬

employed in the subsidized operations (the amount of such
of profits to be limited by the total amount of subsidy
as provided in the Merchant Marine Act.—V. 156, p. 1737.

sarily

recapture
received)

Net

Atlantic Rayon Corp.—10-Cent Common Dividend—
directors

The

Dec.

1.

June

25,

cents

Similar

last,

Feb.

able

to

1

of

par

and on

share

per

dividend

a

$1, payable Dec. 21
payments were made on this
March

1,

10

cents

per

share

Income

62 V*
pay¬

quarterly

dividend

Interest

Carl

announced Nov. 13 that the Transamerica Corp., which controls the company, had offered to purchase
all common class A and B stock now held by the public at $40 a share
B.

Robbins,

President,

for class A and $12 for class B.
There
america
Mr.

The

and 45,465 of class A.
80,160 of class B but none of the class A.

112,000

are

owns

Robbins

said

offer, he said,

shares

the

of

class B

condition that

holders accepted the proposal.—V.

Baltimore
116th

The

156,

Ohio RR.—1942

&

Trans-

preferred stock was not involved in the offer.

was on

p.

specified number of stock¬

a

660.

annual

president Roy
that

after

B.

White briefly reviewed 1941 operations, pointing
payment of all fixed charges, including con¬

estimated that gross

He

revenues

for

1942

will be $301,575,000,

with

operating expenses of $202,535,000, and that after providing for taxes,
amortization, and all fixed charges, including contingent interest, net
income

will

be

the

deliberations

terms

of

the

Fact Finding Board in

1941

$15,500,000 additional wage cost for the current year,

increase
ized

in freight

will ampunt
and that the

and passenger rates, and in other charges, author¬

during

the fore part of 1942 by the Interstate Commerce Com¬
will yield an adidtional revenue of $10,750,000.
Under Public
Law No. 729, enacted by Congress on Oct. 2, and the executive order
of the President of the United States, placing the administration of
mission,

the

law

wages

the

under

the

and salaries

Federal

economic
on

6,653

6,872

$7,593,456

$7,047,113

705,180

now

all adjustment of
subject to the approval of

director,

$15,579,000

as

income

compared

taxes

at

taxes

paid in 1939.

$33,542,000 is

an

taxes for

an

increase

with last year, and estimate of total 1942
of $22,559,000 compared with total

increase




1942 is $18,383,000,

10,882,397

25 588,225

2.2,763,546

{1,773,282

873,530

$8,820

...

.

.

stock.

$4,271,684

$4,703,493

the

13,019,102

11,437,683

9,718,217

on

Common

Shs.

(net)

627,035

44,103

178,069

281,259

281,259

275,223

2,544,168

2,893,736

3,125,235

3,125,235

dividends.——

surp. Sept. 30 $14,294,611

2,314,989

$1.72

capital stock

States

dollar

$1.90

_

and

tax,

equivalent at

Consolidated

Sept,

Balance

30,

Other

$5,757,603
77,920,782

9,354

13,071

40

97,937

1,087,501

382,737
;

—

253,453

47,852

51,091

—

Total

$80,045,027 $85,187,837

Liabilities—Notes

payable

Federal

$5,700,000 $17,025,000

-

.

income

Other

taxes—

current

§4,098,329

liabilities

payable

2(4%

debentures

2%%

due

debentures

1945

Prior

7,500,000

;

,

stock

7,500,000

16,617,860

stock

surplus

16,585,168

6,167,819

14,294,611

tAfter
in

and
and

by

2,317,404

reserve

1941.
1941,

for

in

1942

doubtful

and
notes

2,314,989
of

in

(The)

the

for

week

•

:

/;

ended
«

15, ,1941,

Nov.
-

•

'

depreciation reserves of
§Includes capital stock taxes.

stock taxes.
""Represented by
317,404 common shares.—V. 156, p. 1465.

Best Foods, Inc.—Now

a

common

Corp.-^-Year-End

stock,

no

year-end

a

par

value,

dividend

of

payable Dec.

Dividend—
30

cents

per

11 ,to holders

Payments already made dur'irtg the current year
Janl 2, 40 cents; April 2 and July 1, 30 cents each,

27'

Nov.

follows:

1,

declared

have

40

cents.

4

'

'

~

,

*'"

*

.

'

quarters,
the company paid regular dividends of
and, in addition, the following year-end dividends
Dec. li, 1941, 20 cents, and Dec. 10, 1940, and Dec.

preceding

1941
in

no

par

1942

$598,490

paid:

1939,

40 cents each.—V.

com¬

156,

p.

1014.

■,

Terminal Co.—Files Plan of Reorganization—

Boston

Company, on

Nov.

18 filed a plan of reorganization with the Intenthe Federal District Court at Boston.

Commerce Commission and

classed as tentative, inasmuch, as exact terms of the
revamping cannot be decided upon until the charges which railroads
using the terminal are to pay are. determined, it was said.
The
.Terminal is jointly owned and used by the New York New Haven &
Hartford and system lines, and the Boston & Albany, leased line of
,the New York Central.. All. the roads except the Boston & Albany are
.undergoing reorganization.
The Boston Terminal's capitalization consists of $15,155,000 of first
The

«

plan

was

.

mortgage .bonds—$13,992,000
vof

of first 3»/2s due in 1947 and $1,163,000
($100 par) capital stock,<
payment in cash of $20, on

4s due in 1940—and 5,000 shares
' reorganization plan proposes the

first
The

,each $1,000- of bonds, and the issuance pf new first/mortgage aggre¬
gating $14,851,90(1.
Ascertain percentage pf the new bonds would be
fixed" interest bearing-" obligations, yielding 3%i-.and the remainder
would

deferred interest bonds."
These latter bonds would begin
interest at 3% when the fixed interest bonds were paid off
operation -of a sinking fund.
The percentage pf the total
made fixed interest bonds would depend upon the terminal user
be

"bearing

through
issue

charges.to be paid by the owning railroads.
These charges have
'not yet been determined and will not .be settled upon until the New
-Haven reorganization has been completed.
k
The plan also provides for cancellation of the Terminal's capital
stock and the issuance of 500 new shares with a par value of $100
to
be
distributed to the preesnt owners.—V. 154, p. 1697; V. 155,
p.

2003.

•

Boston Wharf

Wholly-Owned Sub¬

sidiary of Hecker Products Corp.—See under latter
pany, below.—V. 156, p. 1413.

each,

cents

state

•

and
in 1942
Jllneludes excels
5,322 preference

$5,856,127

{After

capital

,

f

14,071,687

JDr4,708,638

$80,045,0?7 $85,187,837

$543,984 in

shares

12,500

6,167,819

stock

$5,241,830
and

589" 47 7

12,500

of subs. cos._;

surplus

"Represented

profits

9,848,000

9,652,000
securs.

Total

shares,

5,000,000

619,670

preference

Earned

__

income

"Common

Paid-in

(1943)—

'

4,186,784

5,000,000

—

985,522

4,206,742

9,484,000

Employees' thrift accounts—
Notes

H3,215,880

1,400,135

j

as

were

*8,

100,446

1,258,451

fixtures

charges

assets

record

13,106

,

_________

and

kwh.

,

3,855

receivable
;

——

estate

{Furniture

'

Herald-Traveler

~the

on

reccird

In
1941

72,861,070

and account

share
"of

30

$5,374,554

—

Deferred

holders of

the

directors

land Oct.

Sept.

tInstalment notes receivable
Investments

of.8.3%.'

for

Boston

were

1940.

Sheet,

1942

Miscellaneous notes

50 cents per share

15 tp

Co.—Output Up 8.3%—

29,198,000

with

increase

Output

The

profits

excess

Assets—
Cash

Dec.

preceding week ended Nov. 7, 1942, was 31,901,009
kwh., an increase of 3.7% as.compared with the corresponding weejc
last year.—V. 156, p. 1738.
.

2,314.939

$1.91

2,314,989

$1,51

share

tax of $1,070,100 in
1942 and $509,611 in 1941.
tIncludes capital stock tax.
{Unrealized
loss in connection with stating Canadian assets and liabilities at the
United

dividend of

>

2,000,000

"Includes

a

payable

$25,

output of this company, as reported to the Edison Electric
for the week ended Nov. 14, 1942, was 31,607,000 kwh., as

compared
an

$14,071,687 $12,556,614 $10,944,657

stock out-

standing
per

declared

16

par

with $2 per share each paid on June 15, last,
June 14 and Dec, 15, 1941..-^V.. 155, p. 1117.
; .:

Boston Edison

58,883

279,103

common

Nov.

stock,

This compares

Net system

$17,744,917 $17,290,785 $16,141,176 $14,403,998

dividends

chgs.

Preferred

on

common

30.

Nov.

$4,685,781

14,451,176

surplus

directors

The
■on

156, p. 1738.

Co.—50-Cent Dividend—

Borne Scrymser

.

$3,293,740

surplus Jan. 1__

§Includes U. S. tax notes.-—V.

shades in 1941.

503,327

1,201,997
25,855

.

$86,618,765 $66,954,730

deprecation.
{Includes 125,184 shares of Borg-Warner com¬
{Represented by 2,461,902 shares in 1942 and 2,461,899

"After
mon

-4,390

$6,416,960

561,519

*2,616,593

-

Government.

Estimate of Federal

of

stabilization

the railroads is

2 ,000,000

10, 882,397

Total ——

9,509,974

*3,266,830

income

Net

Earned

Deferred

$34,065,000.

under

937,117

Earned

$6,412,570

charges

""Treasury

the

9,630,481

$7,040,241

/

Fed. inc. taxes

income

from
to

10,931,635

$7,586,803

$7,434,099

Minority Interest in

this,

100,057
1.309,438

—

maintenance fund—.
„———;»
——.—
for
contingencies—
and capital surplus
—
surplus
'

Paid-in

8,868

of the modification plan, the company
could add $7,539,000 to the capital fund and would appropriate $19,894,500 to the sinking fund, leaving a balance of $6,631,500 available
for working capital and other corporate purposes,
Mr.
White estimated that the increase in rates of pay resulting

Of

67,062
263,570

income-

to

reserves.

Reserve

1939

expenses,

tingent interest, due to the end of the year, reimbursement to treasury
of $5,690,337 for capital expenditures,
and payment of $3,554,502 to
the sinking fund created by the B. & O. modification plan, the bal¬
ance of
$1,184.834<iwas used to strengthen working capital.

etc

taxes,

433,451

.and

Real

Earnings Estimated—

meeting of the stockholders of this company was
held on Nov. 16, with more than 32% of the yoting stock represented
'either in person or by proxy.
out

1940

•

11.759,267

expense

for

Prov.

Other

Earnings

Axton-Fisher Tobacco Co.—Offer to Stockholders—

$12 309,510 $12,309,495
34 074,551
18,652,680

—-

———

Federal

Special

(& Subs.)—Earnings

1941

>

$7,425,232

1-

income

income

Earned

of

usual

$2.50

credits

Institute

1940.

the

declared

the

on

$86,618,765 $66,954,730

'.
:

—

payable,

;

credits

Gross

Surp.
on

to holders of record
issue on Feb. 16 and

cumulative prior preferred stock,
holders of record Jan. 22.—V. 155, p. 2179.

also

directors

The

declared

have

stock,

common

775,400

•

stock

Accounts

$19,184,499 $18,518,437 $16,670,722 $15,922,544

u_^

oper.

Total

the

1,488,82&

.

———————

——

$ Common

520,317

600,185

275,446

186,201

1942

Sept. 30—

income

doubtful loans and

for

inc.

taxes

2,045,343

.

716,385

—:

Oper. exps. (incl. prov.

$3,612,187

$1,763,969

$1,343,436

$718,129

_—.—_

Fed.

Note—The

etc.— -

'

depre¬

156, p. 511.

Beneficial Industrial Loan Corp.

$2,711,895

17,655

profit
(net)

oper.

profit

-——-

—_———1,344,391

1—

patents,

Deferred

figures no

294,714

Net

11,931,068
18,126,019

Refrigerator

$3,006,609

Interest

"

$164,074
1,558

_

above

§4,804,638

16,529,767
21,009,749

93,200

:zi;

profit

Capital

13,666,946

5,379,767
2,052,944

deferred charges*———3,417,043

-Prepayments and

1941

't

19,99!,854

_

_1—

—„

1

"

Total

Income

Other

Gov't contracts—

on

Marketable -• securities .
c———~:
Notes and accounts receivable, etc,^

$360,214

*

payments

Advance

tlnvestments

Total

taxes

Other

metals

oper.

Fed.

than

income

from

batiks

in

1^42

$16,176,862 $13,065,355
1,051,134

plant and equipment_____—
plant facilities—-— ____—___________
and'on hand-————-A-—j

"Special
■Cash

167,510

19,419,246

$809,188

depreciation)

cluding

income

1941

-

34)

r

,t

"Property,
•

163,325

.

Sept.

Sheet,

Balance

Assets*"—*-

1942
^

$2.72

the amount applicable under the newly
{On 2,336,718 shares of $5 par common
shares less 125,184 shares owned by

of

excess

'enacted Revenue Act of

(Quebec)—Earnings—

milled

ore

Development,

(in¬

expenses

Net

$7,607,258 $13,144,612 $22,881,953

$3,303,722

_

Ton s

1942—9 Mos.—1941

1942—3 Mos.—1941

Period End. Sept. 30—

Operating
Operating

Gold Mines

Quarter Ended Sept. 30-

$6,3$0,93.0

*

of

deduction

Consolidated

Earnings—

8,159,050

factory, administrative and selling expenses,
but before deduction of depreciation, amortization and sundry charges.
"{Taxes for 1942 were based on 1941 rates plus 25%, which is esti¬

been declared on
record Nov. 19.
A
preceding quarters.

in

{21,951,571

share.:—______—

common

252,410

.

\

-

taxes-'—.——.

after

per

255,220

Canadian

and

1,278,713

1,78.5,239

charges-

profits taxes—_________

excess

income

Net

599.

p.

509,081

1941

$30,054,134 $ 16,041; 103

equipment——_

Federal

estimated

for

JEarnings

for

interest

has

holders of

30 to

Oct.

on

share

per

Dec.

607,934

.

-r—-—_

on plant &
and sundry

sales

on

"After

of

paid

was

this

purchase

Co.—40-Cent Year-end Dividend—

dividend

year-end

the

to

option

1465.

p.

Bastian-BIessing

the Associated

Utilities Corp.,

income

$11,247,723

—

Bros.

Provision

1,322,580

"Barker

$15,532,023

* •-

■

..

—

& amort,

Discount

3,295,088

sell to
Total

30—

operating profit
earnings—discounts, dividends,
and
sundry, receipts,———_—*—

3,066,815

shares)

par

no

1942
—1—•— $29,446,200
royalties

v

.

"Net

; 723,589

/

"Minority Interest in capital stock of controlled company.
cumulative preferred stock ($50 par)
(178,055

.

65,302

loans————.

5V2%

stock

against $2

(& Subs.)—Earnings—

Other

462,269

taxes

(unsecured)

loans

Ended Sept.

Months

■

•

as

will total $3 per share,

1942

year

Borg-Warner Corp.

961,082

record

of

holders

to

18

Dec..

.

,

for

Dividends
in

payable

$5,

par

This is in addition
irt-September, " also payable

3.,
3.

9

installments—long-term

Long-term

Corp.—Ye^r-End Pividend-4-

year-end dividend of $1 per share on
Dec; 18 to holders of record
to a dividend of 50 cents per share

have declared a

directors

declared

$1,350,000,

—_

-

' •••;••

the

1204.

p.

common

Dec.

.

payable

Common

and the NY PA NJ Utilities Co. were permitted Nov. 13
)py the SEC to withdraw applications to dissolve Associated Utilities
and transfer certain securities to NY PA NJ.—V. 156, p. 74.

net

Bohn Aluminum & Brass
The

$11,247,723

:

payable

$1,000.—V.

Electric Corp.,

—

—

Current

1737.

&

i

156,

the

165,478
1

:

tAdsix months

.

77,482

:

:

____

_____

Accounts

agreement

an

.

J

Total

Corp.—Applications Withdrawn—

Associated Gas

the

of

trustees

corporation

——-———J——————

investments

$0.9'6

first- nine months -of 1942 is after
allowing $7,005,000' for Federal income and excess profits taxes, at
.'rates specified bythe'Revenue Act of 1942, without giving effect to
any reduction in taxes which may result from post-war excess profits
tax credits.
Such creditors for the period are estimated at $655,000.

250,000
3,667,971
3,576,389
2,619,827

:

_

$1,282,067

$0.53

and excess profits taxes.

year

'"'Note—The

$890,57,5
:i

;

$711,179

{Before charges of $183,751 applicable to the first
as a result of retroactive wage increases.

this

V.

I

of

1942—9 Mos.—11941

1942—3 Mos.—tl941
$$309,496
$443,039
$0.23
$0.33

-

-

by the trustees.

the

;

1942

Sept. 30,

(net)

Goodwill

both

securities of and claims against
to be acquired by the trustees

Corp,,

entered into March 11, 1942.—V. 156, p.

The

inventory

assets

Miscellaneous

would
and,

terms announced

-

;

receivable

accounts

and

Fixed

Holding Company Act,

approval of the compromise

Sheet—

Sunland Investment-Co.)

Controlled Company,

of

t

$424,027
$1.01

(& Subs.)—Earnings—

and Federal income

charges

justed.

by

received a
with the United

2179.

p.

notes

Treasury

Merchandise

various security groups on Nov. 13, with but
single exception, told Judge Leibell that they favored the reference
the
compromise to a special master.
None, however, indicated

a

vacated

position
has

the

-

S.

U.

Notes

Representatives pf the
of

155,

Corp.—Balance

Bros.

Liabilities—

reorganization

of

Reserve.—V.

Cash

upon.

agree

plan

the

fill

as

"After

Assets—-

then be submitted to the SEC
if appioved by the Commission,
would be submitted for consideration by the court and thereafter to
creditors and stockholders for their acceptance or rejection.
Such

under

will

He

Consolidated Balance Sheet,

will

compromise

Corps

(Including

begin before the special master with reference to
the proposed plan of compromise.
As soon as possible after the receipt and consideration of suggestions
on
the reorganization plan, the trustees intend to propose a plan of
reorganization for AGECO and AGECORP incorporating the proposed

of

Marine

Barker

was

There
which

suggestions for the formulation of a plan or plans may be filed.
also be mailed with each report a notice of the date on

would

plan

of

States

President.

Jr.,

Lewi,
Executive Vice-President,
who
absence to accept a commission-as captain
G.

$584,214
*$1.40

:

of capital stock.
{Based on Revenue Act
passed by the House of Representatives.—V. 156, p. 1737.

Period End. Sept. 30—
"Net. profit
.A
Earns, per com.. sh._—

,

663,567

.shares

BJaw-Knox Co.

Official

—

and to

whether

hearings

Weil

Alexander

predicted that hearings may not start before at least 60 days.
The trustees stated that they are engaged in the preparation of a
new joint report under Section 167
(5) of the Bankruptcy Act.
It is
contemplated that within a few weeks the trustees will ask the court
to authorize them to send such report to all creditors and stockholders
of
both
estates, together with a notice fixing a time within which

the

J.

N.

Yamin,

Richard

by

all

before

hearings

all issues growing out of the compromise proposal,
the proposal should be approved as fair.

on

determine

Newark,

Co.,

&

Executive Vice-President and Merchandise Manager
of
the company's home furnishings division,
will add to his duties
those of basement store administrator,
it was announced on Nov. 17

leave

creditors.

and

.

Bamberger

Michael

principles

among

p.

(L.)

in the reorganization plan of properties of
AGECO and AGECORP.
Judge Leibell also submitted to Judge Crane
issues
of
a
compromise among different classes of
the Associated
existing

156,

1941

$1,087,594

12,271,000

taxes
profits taxes--

excess

per

418^973

"On

Assumes Added Duties—

tion

inc. and

(estimated)
share——

profit

Earnings

1942

chgs. but before Fed

after

Reserve for Fed.

of heavier traffic, only three of the locomotives had
been secured, the War- Production Board declining to permit delivery
of the remainder because of the need for steel for war production.—

would then be the vehicle through which an integra¬

company

in

2,000 freight cars ordered

motives and

single

of

they

expect

may

New

contemplate a reorganization plan providing for a
top company to take over the assets of AEGCO and AEGCORP,

Leibell
that

increase in business which the
1943, Mr. White stated that of the 23 loco¬

$2,855,214

Ended June 30—

6 Months

Profit

further

probable

the

of

Corp.—EarningSr—

Bath Iron Works

is the greater operating. efficiency

costs

shown for the current year through such factors as increased
freight train loading and the expediting of traffic movements.

being

revenue

the

In

increased

Offsetting .these

Top

Single

Corp,—Plans

Unit—

Monday, November 23, 1942

CHRONICLE

THE COMMERCIAL & FINANCIAL

1858

A

dividend

stock,
with
cents

payable

of

Co.—$1.25 Dividend—
per share has been declared on the common
31 to holders of record Dec. 1.
This compares
$1.75 on Dec. 31, 1941, and 25
2003.

$1.25

Dec.

cents paid on June 30. last,
on
June 30, 1941.—V. 155, p.

50

Volume

THE COMMERCIAL & FINANCIAL CHRONICLE

Number 4127

156

Consolidated

Rower. Roller Bearing Co.—Earnings—

.

/

9 Months

Ended Sept. 30-Gross, profit:
4.—
-

Expenses-

—

———

-

Depreciation"———-,—————

Assets—

1941
1940
.
$2(670,857; $1,692,548
322,379
.-271,493
179,397
200,119

1942
$2,820,411
373,160
,175,260
,,

.

*

•

Operating profit.
Other

income

$2,271,990

;

———-

—■

———

-

>

35,633..

,

Amortized
taxes

*

[

.facilities^—j.—

defense

income-and

Federal

;

profits
1

excess

income,

.

Balance

Assets—Cash-v in -banks,

Sept, .80,

Sheet,

and

on

Bank

1942

,

'

■'

1465.

B.

share

paid

,

.

Period End.
*

rnal

.

Earns.,
*

per

of

*

for

military. restrictions,

tax

2,445,484

■

A

the

*$2,40

Net

,

of

Net
'

120,397,

$2,123,005

$5,776,087

"Includes

•

$5,748,722

$2,223,454

$1,079,163-

Earns, per com, share-t
Sept.

income

refund

of

.

taxes

income

year,

The
the

have

directors

a

for

on

156,

for

On

$3,92

ness

1942,

company

to

persons,

p,

"Profit

of

15

cents

on

.Gross
'

Prov.

Co.

to leased

premises—

-

183,006

i

1—

Profit,———-—

156,

Other

(net)

income

not

67,000

—

profit and income

—

$5,601,645
3,615,187

Gross

'Special credits
Prov.

.

.

Net

'

,

—

fcr Federal income & excess

profits taxes

1,046,000

_[

profit-for-the period—

Earned surplus at

beginning of

$940,458
3,439,653

year—,

.

•

taxes—

.

Total

;

Common

Earned

Earnings
*

After

stock

per .com.

.

share

in

accrual for

excise

taxes

and

$996,701

403

285

$17,159

$15,587

$15,646

2.90

2.40

2.24

int.

Balance

Sheet

$39,526;
and

and

fired

present

$575,518;

assets,

accrued

and

current

total

investments, $2,700; unamortized debt
bonds), $7,500; jobbing accounts, $655;

miscellaneous

expense

(new

debits,

$3,141;

deferred

2M

,

31, 1942 (giving effect to
contemplated new construction)
Aug.

(preferred stock),

discount and expense
(no

par),

total, $633,705.

Power

Light Co.—Earnings-—

&

665,697

698,431
109,739

—V.

stock,;
16.'

the

63,032

62,558

$176,701

$125,499

"$14,960

t$0.30

$0.20

Nil

($1) common stock.
$Based on the
for contingencies, beginning July 1, 1942.

1942

1942—Month—1941
1942—12 Mos.—1941
$1,368,012
$1,403,743 $16,122,407 $15,608,915
489,730
698,184
6,448,260
6,711,791
301,242
83,538
2,607,047
1,010,531
154,615
144,480
1,741,355
1,646,591
110,000
105,000
1,305,000
1,215,000
,

taxes

—

'Proprretir. res. approp.

$312,425
2,716

income

1,925

$4,020,745
'24,731

$374,466

$4,045,476

143,031

143,750

1,113

Cr4,713

959
Cr4,737

Crl4,603

(net)

$372,541

$315,141

Net opex*. revenues,,.Other

2,826,705

exjeess profits taxes $2,439,000
428,000

1,050,000
150,000

$1,015,239
$0,63

155,

usual

value,

extra

extra

an

quarterly

of

dividend

cents

Dec.
also

was

1

Cr4,323

$5,044,706
1,725,000
15,403
Cr56,898
Crl7,326

Net income
$190,3131
$238,817
Dividends applicable to preferred stbeks

$2,459,029
1,255,237

$3,378,527
1,255,237

income

—-

mtge. bonds

on

Other

deducts

and

int.

debt
—

Balance

for

provisions

Investment

declared
on

,

a

the

dividend
5%

of

for

the

cuiTenb
addi¬

In connection with the refinancing by the, company in 1940, extra¬
ordinary deductions for income tax purposes of unamortized debt dis¬

and

count

call premiums on bonds retired, and other non¬
offset taxable income for the year 1940.
the amoixnt of taxes, appearing in the column for the
twelve months ended Sept, 30, 1941, of the above statement docs not
reflect the provisions which normally would have been made during
that period for income and excess profits tax purposes. If adjustments
were made', [to exclude non-recurring reductions in taxable income due
to refinancing, it is estimated that the amounts of direct taxes for the
expense,

recurring .deductions Jafgely

Consequently,

"respective periods would have

been as follows:
1941

1942

Months Ended Sept.
—V. 156, p. 1323.
12

30

$4,348,402

—

$2,986,253

Catalin Corp. of America—Earnings—
9 Months Ended Sept. 30—

:

1942
$117,933
$0.22

profit after charges and taxes
common share^
—V, 156, p. 1602,
Earnings per

1941
$164,887
$0.31

.

Corp.—New Substitute for

Corrugated Steel

Sheets—
Rags and resin have been

combined into a war emergency building
is announced, Called

material substitute for corrugated steel sheets, it

corrugated asphalt siding, the new product was recently placed on
the: market by the corporation, and is being used, for both Government

10

cents

and private
The new
per

amount,

of

Dec.

1,

on

Ltd.—To
share

per

construction,

on

cumul.

\•

product is designed for wartime application on industrial,

commercial

and

farm

It

buildings.

on

holders

to

paid

cents

$70,489

of

taxes

Net

Trust,

50

Federal

and $598,730 for the twelve months ended Sept. 30, 1942,
tional to the amounts required under the Revenue Act of 1941.

and

Account of Accrued Dividends—

on

$2,123,290

$1,203,792

—

"Includes
month

$1,18

304.

p.

International

$5,025,002
19,704

$1,626,705

income

dividend of like

both, payable

10

of

'

1,717,094
19,538
Cr56,579
Cr93,606

Int.

replace

can

corrugated

steel

covering outside walls of temporary, structures of

sheets used for

all

kinds, including factory buildings, warehouses, storage and, machine
sheds, dairy barns and drying sheds.
Corrugated asphalt siding consists of two sheets of heavy felt
saturated with a recently developed resino-bituminous compound. The
sheets are bound together with a high melting-point asphalt adhesive
and corrugated under high pressure.
The finished sheets are hard, rigid,

light in

weight and moisture-

They retain their stiffness and corrugations in summer weather
of the high melting-point, wear-resistant resins used in the
saturating process.
No critical raw materials are required, according
to the manufacturers.—V, 156, p. 1739.

proof,

because

Central. Arizona Light & Power Co.—Earnings—

14—

1942.

$5,051,000
—_

1941

$4,913,000

$4,659,000

'

Casco Bay Light & Power Co.—Bonds Offered—Bond

Goodwin, Inc., and H. M. Payson & Co., Portland,
Me., recently offered at 100 and interest $300,000 first
mortgage sinking fund bonds, series B 4%. The offering
of the bonds
Dated Sept.
$500 denom.
Callable
or

666,982

$3,403,012
$3.20

other

.

taxes

Amort,

—

in

than

was

1,

1942;

Int.

on

Other

1942—Mqnth—1941
$524,932
$411,102
273,025
203,526
94,855
42,274
23,854
29,424
49,000
37,750

1942—12 Mos.—1941
$5,576,664 $4,701,782
3,027,656
2,396,505
729,718
510,888
416,049
466,519
495,750
431,750

2,999

2,909

37,698

34,923

$81,199

:

revenues^.

Other income
Gross

due Sept. 1, 1962.
Coupon bonds, $1,000 and
payable M. & S., at office of National Bank of

for

Me., trustee.
the sinking fund or for

part
30

Net oper.

made only to residents of Maine.

Interest

approp.
limited-term

of

investments

at any time at the option of
days' prior notice at 105 and int.
on

or

before Sept.

1,

other purpose as a whole
the company upon not less

Net

any

on

or

before Sept.

1,

$95,219

$869,793

$861,197

15

9,842

761

10,510

$81,214

$870,554

$871,707

18,958

$105,061
18,958

227,500

227,500

861

823

13,471

9,973

$61,395

$85,280

$629,583

$634,234

(net)

income

.——,—

mtge. bonds
interest

1952, at 103 and interest;

income

'Dividends

108,054

applicable to preferred stocks—

1947;
Balance

there¬

after and on. or before Sept. 1, 1957, at 102 and
interest; thereafter
and on. or before Sept. 1, 1960, at 101 and interest; thereafter and on
or before
Sept, 1, 1961, at 100V2 and interest; thereafter at 100 and

tional

interest.
.

—

of Portland,

thereafter and

<

contin¬

Sept. 30~—

Operating revenues,
Operating expenses
"Fedejral taxes

&

$1,522,240
2,647,809

$3,946,491
$1.89

$4,358,000

1942

—————

Period End.

1941

Prop, retir. res.

1,067,.000

for

1941

3,882,239

Corp.—New Director—

no. par

An

earnings
156, p. 1687.

100,054

reserve

expenses—

112,946

63,540
$87,000

earnings

$4,170,049

in

revenues——

$730,913
570,369

—„

have [declared

Traffio
"

tCr91,879

gencies, arising from abatement of excise taxes (net of expenses).




999

$100,000; 6% preferred stock,
$123,000; first mortgage bonds (4s, 1962), $300,000; total current and
accrued liabilities, $31,881;
reserve
for depreciation, $65,903; cus¬
tomers'
advances
for
construction, $358; earned surplus,
$12,563;

Canadian Pacific Ry.—Earnings—

4,331,025

deducting Federal excise taxes of $200,995.

•(Reduction

10,998

1,192

Amort, of prem. on

$84,877,012 $73,563,000

.Week Ended Nov.
Traffic

$6,828,385

333,566

1

on

profits

(& Subs.)—Earnings—

of. accumulations

$4,380,111

dividends——_—„

surplus at end of period

based

excess

518,400 shares of

year.—V.

100,054

surplus

was

1940

,

...

addition to

Commerce

Preferred stock divs., $3.75 per share—

taxes

liable for

pref. stock, par $100,
payable Dec. 1 to holders of record Nov. 16. A like amount has been
paid in preceding quarters. Arrearages as of Sept. 2, 1942, amounted
to $33.25 per share.—V, 156, p. 690.

■

•

■

$26,930

10,860

deprec.-

Assets—Total

1940,

amortiza¬

1941

^

The .directors have

;

293,165
107,405

.

in

$172,611

interest,

1602.

p.

.

Act, plus 50%
1602.

Nov.

account

$6,427,815

;340,617

Sell., gen. & admin, exp. (incl. prov. for repos¬
session losses and bad debts)

.

$26,850

—

etc,——^

{Fay 50 Cents

163,603

$5,194,027

trade installment notes—.,

•Interest income,

Forma

assets,

38,407

$28,795"

1939

$65,337

.

•
.

Federal, income

_!

Canadian.

..

1941

,

and

'M,097.703

directors

common

.last

:6s591,4L8

.

1941

Week Ended Nov. 7—
■.

after

discount

45,196

40,207

10,636

—

bond

new

earned

1940

$67,058

$15,005

interest

Times

-Calnedar Years-

7,020

$23,218

Balance

Other

fo

3.039,

1942

5,377,033

in

1942

for contingencies.

in

record

.*$13,337,728 $15,170,882

profit before charging depreciation—.
for deprec, of prop. &. amort, of imprqve.

1940

$118,181

155, p. 2454.

share

Subs.)—Earnings

(&

Sept. 30—

$93,201

1941

$255,193

Canada Vinegars, Ltd.—Extra Distribution—

the

not yet
exchanged Under the plan of reorganization consummated Nov, 29,
'1941, "will receive interest 'payments 'only upon exchange.—V. 156,
p. 1738.

—•

Other

——-

40,219

exps.—

.

The

been

j

etc,,

revenues

"Federal taxes

1942

George V, Bobbins, General .Manager of the company's coffee divi•sion,, With headquarters* in -Brooklyn, N. Y., has been elected a director.

,

Brunswick-Balke-Coliender

,

1941
$73,992

Aug.31/42
$63,438

interest

Celotex

,

Aug. 20, 1942,. covered six months', interest [ from Dec, l;
"Juno 3, 1940,
■'"
[
..
Mr.. Corruth stated that holders 'of old; bonds which have

9 Months Ended

Bond

Operating

credit of. $200,000 for. post-war refund of excess profits
"tax as provided under section 250 of the Revenue Act of 1942.—V. 156,
p. 1739.

1940,; to

■

(Nct sales

8 Mos. End.

revenues-

gross

Operating

tNet after a

who are registered owners at the ; close of busi¬

,

reimburse

Comparative Statement of Earnings

Carolina

subsidiary)

depreciation, .but before provision for Federal
profits taxes and reserve for contingencies.

excess

■

will pay interest, from June: 1,

owned

Net profit —;———u—^
Earnings per common share—

will be the second payment ori these securities, which carry
(accrued .interest from Dec.
1. 1939.
The first payment made on

.

bonds, $44,500 bank notes and balance to

corporation in part for the expenditure of- approximately $100,000.

Int. chgd. to construe.

Provision for Fed. income &

—V.

•

,

in
156,

was

amount.—V.

"After

share

per

wholly

a

—_

Reserve

To, Pay: Interest on General

1942..

30.

Nov.

30,

paid

cents

like

9 Months Ended Sept. 30—

This

.

of

Net, sales —

1940, on its general mortgage 5% Cumulative bonds, series A.
been, announced by H. P. Carruth, Vice-President.
Checks will

mailed

be

-

1,

Dec.

1,

it has

.

—

values at which it is carrying its plant and property accounts.
Purpose—Proceeds applied to the redemption and retirement of $175,-

500 series A 6%

refinancing

and Sept.

June 30

50

of

Company Was

California Packing

(Maine)
jMortgage Bonds—
;Dcc.

per

Co.—Earnings-

income—-

156,

•

Co.

Brown

cents

$400,574

:

income

Revenue

,

;

book

Period. Ended Sept. 30—

Ltd.,

1942

1942.

Butler Brothers

20,

1014.

p.

1

Company proposes to reduce the amount of its capital represented
by its issued and outstanding shares of common stock from $225,000 to
$100,000 and to apply the difference so created to the reduction in the

Gross

of

taxes,

—V.

July 19, and Dec. 10, 1941, as compared with
20," 1940, and an initial of 15 cents on Oct. 15, 1940.—

March

30 cents on Dec.

June

Co.—-Earnings—

—

in -1942,

provision
Act

"Loss—tOn

months

nine

the

Bush' House,

of

$43,010

1941

:

dividend

extra

payment

Earnings per common share——

stock, Par $5, payable Dec.
10 to holders of record
Similar distributions were made on May 15 and Oct. 6, last,

25.

and

10

9,

105,765

Federal

common

Nov.

V.

declared

gas

,

-

according to the report.—V.

Expenses,

$1,166,633

Another Dividend of 15 Cents—
\

daily
holder

with

feet

1929.

Liabilities—Common'stock

March 31,

on

an

quarterly

Interest

Brooke Iron Co., Birdsboro, Pa.—To Pay

(E, & G.)

made

were

'provisions of the Revenue Act of 1942.—V. 156, p, 689.
i

of

Exchange

March

.

Gross; revenue

86,006

161,878

$4*29

$3.23

$3.63

-

Federal

for

Generator
cubic

25,000

a

—

$2,381,738

$959,094 -41,274,828

-

and

equipment.

necessary

Capitalization—Company has outstanding 1,230 shares (par $100) 6%
preferred stock and 2,250 shares (par $100) common stock.
Divi¬
dends have been paid on said preferred stock regularly since Apr. 1,

other

Quarter Ended Sept. 30—

tax

excess

holders

1602,

p.

last

Bush Terminal

1942, have been made on the basis of the. 80%
rate, without recognition of the 10% post-war
profits taxes of approximately $431,000, and other

3Q.

overall

.

Revenue

•tax,

Net

——I/—--

Note—Provisions

on

to

on

on bonds purchased and after depreciation,
tion, Federal taxes and- other deductions.

$6,180,027 $2,543,615
'824,184,
509,355
3,996,706
736,660
,
384,309
130,967

441,100

profit

21

profit

in-

704,660
118,600

'ended

:

403.960

100,449

440,284

Net

156,

regular

•

•

Depreciation

tax__—:

Gas

Dayton

a

feet,

In 1932, the Portland Water District under Act of
Legislature ac¬
quired under condemnation proceedings all the water properties of the
Casco Bay Light & Water Co.

Operating,

declared

Foreign

previous payment, also
1937.—'y. 156, p. 396.

."Net

$2,467,744

$5,896,464

66,924

Excess

;

last.
The
April 15,

29,

the

Note—The

$5,425,126

——

income

been

has

to

3 Months Ended Sept. 30—.
profit

v

the

$2,189,929

profits tax_~3,876,366
Wisconsin income tax—
352,909

-Federal

Dec.

to

(Exclusive

.

1942—12 Mos,—1941

323,596

taxes

share

per

par

Bush Terminal Buildings

company

90,563

—

profit before

come

-

cents

on

cents each

50

On

1014.

p.

(less miscell.

charges

15,

made

10

value, payable Dec.
the, approval of the
distributions were made

no

subject

them,—V,

addition

>

prof, from opers.
inc.

Other

serves.

of

cubic

before

or

has-approved the application of George Dj Bassett, and
acting as a protecting committee fof holders of the $1.60
preferred stock to
solicit
authorizations
of
bondholders
to

last.

.

amortization-—'

and

\

$5,515,689

—

consists

150,000

.

depreciation

for

on

year-end dividend of $1 per share has been declared on the
stock, payable Dec. 28 to holders of record Dec. 4.
Distribu¬

tions

prof, from opers.
bcf.
deduct,
deprec;

Prov.

cost-plus-a-fixed

a

common

$4,751,949

Net

:

on

plant

of

$4,665; total, $633,705.

considered necessary.

is

1942—9 Mos.—1941

amort.

contracts accepted

SEC

represent

Briggs & Stratton Corp,—Earnings—

&

of

Similar

Sept,

was

second

2,393,392

profits

excess

!' Period—
,

$22,749,246

——

the islands it

on

gas

together with other

Pro

failed to issue a
report for the second quarter this year.
Figures now released, how¬
ever, show that net profit for the quarter ended June 30, 1942, was
$1,010,995 or 52 cents a share after tax reserve of $689,221.
This ;
.compares with net profit of $2,295,358 or $1.16 :a share in the like
period of last year, when tax reserve was $1,200,000.—V. 155, p. 2363,
of

Because

,

and

15

28,

Board,

"others,

$3,043,962
t$1.56

.

provision

system

Buffalo Niagara & Eastern Pwr. Corp,—Committee—

300,000

$1,111,143*$0.57

„

stock.

common

Note—No

stock,

Nov,

share,

but before reserve for'Federal normal income
tOn 1,947,700. shares of common stock.
*On 1,979,000 shares

•taxes,

——

156,

depreciation,

After

3,946,491
tDr51,24Q

—

war

dividend

common

The

$640,147
*$0.32

822,096

.

—J
share..,

profit

4,032,344

Billiard Co.—Year-End Dividend—

taxes

inc.

-

tion

capacity

Net

interim

Control

;

Net

4,500,000

Bruck Silk Mills, Ltd.-r-10-Cent Interim Dividend—

Fed," nor-

f-or-

—

,

stock in treasury became subject to sale
1942, at $11 per share.—V. 156, p. 1014.

31.

An

1942—9 Mos.—1941 $5,437,354 $7,197,433

1942—3 Mos.—1941 •
$1,933,239
$940,147

Sept. 30—

Profit

Reserve

,1

213,192
1,461,929

3,000,000
2,668,100

—

at its pow;er plant

energy

Peaks Island, and by means of transmission lines and cables
to the various islands.
It has a comprehensive distribu¬

on

transmits it

Total

Domestic Subsidiaries)

(Including

296,296
33,351

common

the

1

.

227,461

of

Briggs Manufacturing Co.—Earnings—

,

—

—

record

1941.—V.

30,

Dec,

on

surplus

"Reimbursable- under

Dec.

Inc.—Larger Dividend—

$1 per

with

336,323

—

.option

,

common

compares

Property—Company genei*ates its electric
located

tAfter reserves for depreciation and amortization.
JUnder
agreement granted Jan. 2, 1942. to five employees, 1,300 shares

on Nov. 17 -declared a dividend of $1.50 per share
stock, payable Dec. 15 to holders of record Dec. 1.

directors

the

Peaks

of

name

fee .basis,

the

The

under

erties.

,

$216,274;. land contract payable, $76,'
800; advance from customers, $210,232; accrued payroll and compen¬
sation of officer's, $193,273; reserve for Federal normal, surtax and
excess
profits taxes, $1,880,383; accrued taxes (other than Federal
income taxesi, $97,157; reserve for contingencies, $50,000; capital stock,
'$1,500,000; capital surplus, $18,560; earned surplus, $3,562,861; total,
$7,805,539.—V. 156, p. 1014.

This

$2,085,000

year

profits taxes-,

excess

—

Liabilities—Accounts payable,

on

paper due within one

[

Total

"

t-

commercial

Earned surplus '
Common stock in treasury (5,245 shares)

of $1,962,653), $1,437,898; special emergency facilities
(less reserve for amort, of $211,262), $900,667; prepaid taxes,$80,915; prepaid insurance, $44,230; - miscellaneous deferred charges,
$425; total, $7,805,539,
cost

1910

Island, Great Diamond Island, Little Diamond Island, Cushing's
Island, Long Island and Cliff Island in Portland, Me., and to Great
Chebeague Island in the fown of Cumberland, Me.
Management—Company is managed by George F. West & Son. of
Portland, Me., who also operate a number of water company prop¬

The

$5 cumul. preferred stock (26,681 no par. shares)
Common stock (450,000 no par shares)

for depreciation

Breeze Corporations,

$22,749,246

Capital

appraised by independent: appraisers in 1926 plus subsequent additions
at cost, $119,527;
buildings, machinery and equipment (less reserve
at

211,072

,,

Reserve.for Federal' income and
Long term bank loans

land as

stock of Ahlberg Bearing Co., $117,196;

common

1

——

Unitpd States
accounts receivable

[(less reserve for doubtful accounts of $1,461), $1,168,820; inventories,
$1,944,648; cash surrender value of life. insurance policies,, $14,550;
Investment in

17,650
274,343

•

charges

and

in

Peaks

2,398,3.63

Customers' deposits and. credit balances—
Accr'd. salaries, wages, commis. and additional compensation
Dividend on preferred stock, payable Oct. 1, 1942
Accrued taxes, other than Fed. income & excess prof, taxes

j

,

1,434,407
43,514

'

—

Accounts payable

excess,

„

—

loans

Maine

in

Corp., name being changed in 1926 to Casco Bay Light & Water
Co., and changed in 1942 to present name.
Supplies without compe¬
tition, electric light and power service and municipal street lighting to

Liabilities—

hand,-" $1,085,464;

(tax series A, B and C), $891,200;

notes

Treasury

5,394,137

Brazil, Mexico & Argentina—

Total

profits taxes is estimated at proposed 1942 rates.

*

•

Deferred

.

$826,569
$2.76
and

surtax

9,862,782
101,698

—

;

—

418,000

$930,436
$3.10

normal

.

,

.

1,216,133

:—

Federal

for

Note—Provision

■

,

.

_

_i

..fBldgs.,- mach, & equip, improve, to leased premises-——
Patents; goodwill, etc
:
—_—[

,.

$627,679.
*
$2.09

-

of com. stock

.

.

(net)——

—

———

Sundry, stocks, bonds and advances——

$2,204,714. $1,2.44,569,
.58,145
■
——.

1,550,000

:

sh.

per

.

-

——

Net profit

Earns,

$2,297,172
.-119,492

—v

$3,011,277

Amounts receivable in respect of properties sold-—

Land

Total'income

Company—Incorporated
Island

Net current assets in Canada,

$1,220,934 .
,23,635.

$2,16.9,081

,

-25,182>,.

■

80, 1942

'

and accounts receivable

Accumulated costs

Inventories

,

Sheet, Sept.

■

Notes

.

Balance

•

Cash

.

1859

V.

—.

"Includes

provisions

for Federal

the

amounts

156, p. 1323.

required

taxes

of

$526,180

$21,291

for the

current

months ended Sept. 30, 1942, addi¬
under the Revenue Act of 1941.—

month and $1341548 for the twelve
to

103,054

$521,529

3 Mos. End.

Interest

on

Amort,

of

&

1942
$89,917
9,846

Sept. 30—

from oper.
funded debt
debt
disc.

income

Net

exp.

2,755

32,151

19,550

tax

income

profit

72,300

$9,908,669
6,439,888

188,243

631,907
207,429

437,061

82,428

337,930

270,623

98,869

excess

Net

$724,483
Dr2,242

$775,785
2,39 1

$2,741,346
6,009

$2,761,098
18,041

$722,241

311,233

$778,176
347,493

$2,747,355
1,321,900

$2,779,139
1,410,813

$411,008

income

income

Gross

$29,097

$27,396

$129,305

$430,683

$1,425,456

$1,368,328

taxes

since Jan.

deducts—

other

&

Int.

account for 1942 has been prepared on the
same
basis as the income account for the year 1941.
The provision
for Federal income tax for 1942, however, has been estimated at 40%
of taxable net income (based on the rates in the Revenue Act of 1942),
instead of 31%, the rate for 1941.
No provision, hsa been made for
Federal excess profits tax since, on the basis of operations for the
first nine months of 1942, no liability therefor is indicated.
Note—The above income

for the nine months

profit before Federal income tax

net

The

income

Net

———.

Federal income and

for

"Provisions

profits

excess

have been computed at rates in accordance with the Revenue
Act of 1942.
fThese charges represent amounts equivalent to addi-»
tional income and excess profits taxes which would have been payable
on current
earnings if the company had not had the benefit for tax
1942,

1,

ended

deductions

of

purposes

30, 1942, was $373,058, comparing with $431,258 for the 1941
period.
Net profit after Federal income tax amounted to $223,818 in
1942 and $303,358 in 1941.—V. 156, p. 1466.

Sept.

and expense re¬
amounts

call premium,

discount,

for

sulting from the refinancing of long-term debt in 1939.
Such
have been credited to unamortized debt discount and expense.

requirements

Note—Dividend

full

at

for

rates

cumulative

period on preferred stock outstanding Sept. 30, 1942,
$210,603.—V. 156, p. 1234.

months'

Central Illinois Light Co.-

122,000

taxes—
inc. tax.

101,610

96,715

77,000

I 67,300

65,000

44,500

810,700

$149,757

$180,736

$2,202,343

60,159

58,440

Prov,

for Fed.
for
Fed.

gen.

profits

—

excess

taxes

.—

income

—-—

deduct.

Other

and

now

$1,536,341

501,606

501,606

15,950

51,052

191,407

$64,545

$834,774

$843,328

,

Balance

declared two dividends of $1.50 each on
both the $6 and 6%
preferred stock, payable Dec. 15 to holders of
record Nov. 20.
This will leave arrearages of $22.50 per share.
$1.50

of

share were made on March 16, June 16
$6 and 6% preferred stock.—V. 156, p. 777.

per

15, last, on the

Approved—

Central Maine Power Co.—Merger
stockholders

The

Court

District

approved

latter

Power & Light

the

Bonds—

Augusta, Me.,
Nov. 30, 1942.

St.,

12

to

up

noon,

War Time,

Eastern

Monday,

on

Pollard

and of the Cumber¬
Nov. 15.—V. 156, p. 1739.

Light Co., died on

(& Sub.)—Earnings—

Central New York Power Corp.

1942—9 Mos.—1941
1942—12 Mos.—1941
$22,535,658 $21,889,889 $30,614,895 $28,781(598
deducts.
18,539,597
16.846,878 24,749,669 22,359.663

Period End. Sept. 30—

Feb.

revenues

$3,996,060

—

$5,043,010

$5,865,225

$6,421,934

24.088

Operating icome

22,346

28,191

32,683

income

2,201,248

for

normal

and

$5,893,417
2,996,232

$1,818,900

deductions

ended

$2,765,894

$2,897,185 ' $3,487,598

—

Federal

income

30,

Sept.

1942,
income

net

surtax

and
was

and

excess

based

deductions

Revenue

profits taxes for the nine
on

90%

on

profits taxable income without giving
10% of such excess profits taxes.

Operating

of the estimated
of the estimated excess
40%

effect to

a

post-war credit

of

shown

above

include

following

the

—V.

income

1942—9 Mos.—1941
$753,168
$1,108,635

taxes—

1,550,601

prof, taxes—
156, p. 1602.
exc.

1940
$4,060

1942—12 Mos.—1941
$1,160,130
$1,322,686
1,550,601

Total

Ended

320

89

89

89

,128

———

operating

Purchased

——*—*

Maintenance

$463,324
71,217
160,886

$455,779
69,861
167,737

$1,938,119
287,714
680,330

21,739

269

357

3,567

3,567

$3,337
3,588

$3,001
3,567

1942
$8,166
313,596

1941
$5,070
321,445

Balance

Cash

!

——

—

Investments

cost,

at

,

Fed. ihcome

from

38,751

37,610

151,466

$164,764

$158,831

1,421

1,808

$718,612
4,897

taxes)—

operations

Non-oper. income, net

Reserve

for
for

taxes

divs.

——

income

for

Prov.

renewals,

retirements

——

$723,509

$160,639

$166,185

;

—

tCommon stock

surplus—
surplus

44,100

—:

.

180,900

Interest

Interest

$121,185

—

on

on

long term debt—

Int.

Net

to

$542,609

45,926

47,127

361

53

5,088

5,194

28

98
Cr3,500

and

*—

to

income

Amortization of

$338,003

$67,567

2,984

2,984

11,934

5,019

9,723

80,644

intangibles——

Prov. for Federal income

1,026
20,650
822
Cr3,500

$69,782

——

taxes

surplus-

Assets—Property,

$54,861

$61,779

Balance Sheet,

plant

and

Sept. 30, 1942

equipment

'

(including

the

10,000
167,805
115

'

$326,658

for

and

$245,428

ex¬

Net

profit

$2,525,180

$1,550,255

69,514

"48,145

212,914

659,383

344,791

1,845,000

"144,436
828,252

taxes—

Surplus
Earns,

paid—

—

paid——

70,000

70,000

$467,266
17,500
140,000

$577,567
17,500
140,000

$108,144

$106,150

$309,766

debits,

$263;

total,

Liabilities—Long term

$1,20

$3.15

Total

1,

1943, $100,000;

accounts

$4,538,000; 3^2%

share

Operating

other

$29,549;

accrued

accrued

payable, $95,625; consumers'

items,

taxes

deposits (re¬

$17,273;

local.and Federal), $159,386;
customers' advances for construction,

unearned

reserve

for

interest,

renewals,




$143; prepaid hot
replacements and

———

—.

tax.

Federal

Provision

—

——

for

Net operating

revenues.

L—

income

Gross

Interest

funded

on

—

————*

debt

:

bond premium—

Amortization of

;

interest

Interest

—...

during

*,

*

—

construction-,:.—*—-

—'

—

2,469,390

$7,714,830
45,085

$8,658,370
31,519

$7,759,915
1,500,000
33,772
3,698

$8,689,889

Cr217,312

Cr203,651

$6,439,757

-

„

—

cents

2,914,120
2,569,000
4,309,399

depreciation——:

Non-operating revenues

of 62Va

(& Subs.)—Earns.

profits tax

excess

extra

1942
1941
$36,586,353 $34,392,556
13,597,048 12,633,464
1,967,421
1,784,130
3,514,535
3,572,152

for Federal income tax

"Provision

"Net

income

and

profits

tax

$7,355,351

1.212,000
4,063,049

1,500,000

33,666
4,523

Act

of

profits taxes- for the

12

months ended

provision for the nine months ended Sept. 30,
the Revenue Act of 1942.
The provision for
deduction of the post-war credit which
the company, pursuant to the terms of the

with

after

is

refunded

be

to

excess

include

1942,

30,

Revenue

-

—

income

in accordance

to

1942.—V.

156,

p.

956.

Offering—A
(no
par) was made on the New York Stock Exchange Nov. 12
by Tucker, Anthony & Co. at $30%, with 60 cents com¬
mission.
The offering was completed in 15 minutes.
Cluett,

Peabody

Inc.—Special

Co.,

&

Federal

income

nine

of

and

months

profits taxes have been
accordance with the rates in
excess

in

1,352,097

116,489

S.

100,000

1 00,000
15,113
2,421,374

Treasury bonds
investments

14,425

Inventories

2,999,947

;

496,742

receivable

;

Deferred

profit
dividends.——

$6,483,844
450,000

$7,384,088
450,000

$6,848,718
450,000

$9,775,412
450,000

Surplus for common.
per sh. com. stk.

$6,033,844
$1.51

$6,934,088
$1.73

$6,398,718
$1.60

$9,325,412
$2.33

Net

—

Class

1,339,131
45,000

patent license
25,000
———77,041

assets

—

—

A

363,627

2,213,672

—

Accounts

Subs.)—Earnings—

(&

1942
1941
1940
1939
$24,096,622 $26,195,090 $19,533,492 $17,876,015
8,330,402
8,889,485
5,526,596
5,239,226
Other deducts,
(net)—
423,376
449,517
621,178
499,277
Federal inc. taxes—
8,859,000
9,472,000
6,537,000
2,362,100
Expenses

$1,562,591
1,491,045

105,432

U.

2,720

shares.—V. 156, p. 1016.

earnings

Gross

1941

$2,260,413
.

and allotments were

215 purchases through

3 Mos. Ended Sept. 30—

Patents

buildings

were

firms, with the largest allotment amounting to

51

Sept. 30
1942

and

There

shares and the smallest to 10

ad¬
the

Coca-Cola Co.
Sheet,

Balance

Assets—
Land

were

basis of 40.74%.

1942.

Act

received for 43,567 shares

Bids

Earn,

53,822

For nine months of

1942, net earnings before Federal taxes

amounted

with $43,248,599 for the first three quarters of
profit taxes, class "A" dividends and all
charges, earnings applicable to common stock for nine months were
$17,067,231 compared with $22,041,599 for the similar portion of 1941.
to $39,193,231 compared

Total

$9,644,770

$7,508,192

$3,500,000

$3,500,000

500,000

—

500,000
266,673

Liabilities—

Capital

stock,

common

Capital

stock,

preferred——

Accounts

Notes

payable

payable

—

331,111

.

*

—

Deferred accounts payable
Accrued

Surplus

62,500
140,851
2,269,461

(patents)

wages

-

for taxes,

etc

—

—.—

—V.

2,440,847

—„—

$9,644,770

156,

p.

—V.

400,000

_

After

1941.

income

and

156, p. 1688.

Coca-Cola International
112,500
85,596

Quarters Ended—
income after exps.
income taxes,
etc.—

Net

980.657
2,062,766

Corp.—Earnings—
Sept. 30,'42 June 30,'42 Mar. 30,'42

&

Federal
—

$1,029,884

$1,272,030

"$4.94

$7,508,192

Note—The

690.

report

states

that

$1,030,370

$6.27

Earnings per common share...——
"On 181,041 no par shares of common

Cab

Manufacturing

(&

Corp.

Subs.)

Federal

Period Ended

Sept. 30—

$112,350

Provision

income

profit
No

provision

15,469

$23,035

1

taxes

"After depreciation,
taxes.

8,156

$104,194

for

$38,504

formed to protect the interests of the holders
4,/2% gold bonds.
a petition in the U. S. District Court at Denver,
Colo., under the recently enacted McLaughlin Act for the readjust¬
ment of its bonded indebtedness by reducing the interest rate, and for
other changes in its obligations on its funded debt.
The members of the committee
comprise Prof. John M. Chapman,
Chairman; Dr. Max Winkler of Bernard, Winkler & Co., members of
the New York Stock Exchange, and Ivan Wright, a director of the
Corporation Trust Co.
Gabriel Rubino of 60 Broad St., is the. Secre¬
tary.
Louis Boehm and Joseph Rosenblatt, both of New York City,
A

$362,368
118,899

Company has filed

$243,469

interest, but before provision for Federal income
has been made for excess profits tax.—V. 156,

Chicago Rock Island & Pacific Ry.—Authorized to Pay
Equipments—
J.
Nov.
the
two

D.

Farrlington,

17

that Federal Judge Michael L.

trustees

to

condition

which
The

chief

prepay

sales

executive

officer

of

the

road,

announced

covering

the

cost

of

new

purchased to meet the war 'demands.
prepayment of these instalments,
which otherwise

on

counsel.—V, 156, p. 1740.

Columbia Baking Co.—Participating

equipment

The

.

was

until the year 1949,

are

Igoe at Chicago had authorized

principal instalments aggregating $5,336,533

agreements

committee has been

general mortgage

of

1015.

p.

cor¬

1688.

Colorado & Southern Ry.—Committee Formed—

1942—9 Mos.—1941

3 Mos., '42

—

$4.92

normal tax and surtax were

at rates provided in the Revenue Act of 1942.
The
poration is not at present liable for excess profits tax.—V. 156, p.

—

Earnings—
"Profit

,

stock.

computed

Checker

(State,

water heat accounts,
retirements, $841,198;
reserve for conveyance equip
renewals, $36,089; reserve for uncollect¬
ible accounts, $13,530; contributions in aid of construction, $15,571;
miscellaneous reserve, $19,913; $6 cumulative preferred stock (outstdg.
13,972 no par shares), $1,301,480; surplus appropriated for increasing
shareholders' equity, $58,180; common stock (outstanding 20.000 no
par shares), $1,000,000; earned surplus, $545,609; total, $8,791,044.—
V. 156, p. 1602.
$10,703;

$232;

an

expenses

on a

Comparative

due Aug.

fundable), $7,215; notes receivable discounted (contra), $1,350; accrued
Interest,

revenues

Taxes, other than income

on

shrs.

the

for

Revenue

Net

serial notes,

operating

Maintenance

$3.94

—

per

justed

$8,791,045.

debt,

1940,

12 Mos. End. Sept. 30—

$420,067

$1.21

$176,150

$178,144

-

divs.

divs.

Common

bonds,

deferred

cents

of 50

dividend

extra

an

27,

27, last year, while on Dec.
disbursed.—V, 156, p. 1602.

was

is

$569,086

Total

organization

declared

17

Nov.

on

special offering of 17,750 shares of common stock

•

and other intangibles), $7,861,290; sinking fund, first mortgage
series C, $31,222; cash, $198,687; temporary cash invest¬
ments, United States War Savings Bonds, series F,' $3,700; accounts
receivable, $154,086;
notes receivable, $1,109; notes receivable dis¬
counted (contra), $1,359;
materials and supplies, $110,660; prepay¬
ments (insurance, licenses and rents), $19,166; unamortized debt dis¬
count and expense, $174,806; unamortized intangibles, $234,706; other

directors

share on the common stock, payable Dec. 26 to holders of record
Dec. 4.
The regular quarterly dividend of 75 cents per share was also
declared on this issue, payable Jan. 1 to holders of record Dec, 4.
An extra of 50 cents per share was paid on. the common stock on

pense

4%

Distribution—

Chesapeake & Ohio Ry.—Extra
The
per

excess

$907,041

taxes

—

Fed.

for

merger,

deprec.

amort.

Prov.

the

Cincinnati will issue 21,635
shares of common stock (stated value $10 per share), which will be
exchanged for the stocks of Hamilton, Harrison and Loveland, then
held
by Columbia Gas, of a par or stated value of $865,400.
The
difference between the stated value of Cincinnati's stock and the par
or
stated value of the
securities for which it is to be exchanged,
amounting to $649,050, will be credited to Cincinnati's capital surplus
since Dec. 31, 1937.—V. 156, p. 1603.
the

of

consummation

the

In

1942,

1942—9 Mos.—1941

deprec.,

Fed.

&

amort.

as

corporation.

Sept.

Co.—Earnings—

1942—3 Mos.—1941

Sept. 30—

before

Profit

Provision

merged

other

surviving

tlOO.OOO shares at
IDeficit.—V. 156, p. 690.

Chapman Valve Manufacturing
Period End.

par,

(no par) shares to 1,000,000 shares and will be
three subsidiaries, with Cincicnnatl remaining

750,000

with

will be $100

shares

stated value of $45 per share.

shares at

value of 10 cents per share.

Reserve

Balance to

from

"Federal

185,604

_

expense—

refunded

chgd.

$116,539

security holders
construction—:

unfunded debt

Amort, of debt disct.
Taxes

14,268

$321,904

:

Deferred accts. receiv,,

Balance

and in the case of Harrison
they will be $10 stated value.
They will be issued to Columbia Gas
for cash at the par or stated value thereof, a total of $719,000.
This
cash, together with cash on hand, will be applied against demand
obligations of approximately $748,804 held by Columbia Gas.
Columbia
Gas,
by forgiving additional demand obligations of
$127,761, will
make a capital contribution in that amount to Hamilton which, to¬
gether with Hamilton's existing capital surplus, will wipe out Hamil¬
ton's earned surplus deficit of $138,418, as at Aug. 31, 1942.
A divi¬
dend in the amount of the earned surpluses of Harrison and Loveland
since Dec.
31, 1937, totaling approximately $71,968, will be declared
and made payable to Columbia Gas.
Harrison's assets in Indiana will
be sold for $18,563 cash to an Indiana corporation, West Harrison
Electric & Water Co., Inc.,
created by Columbia Gas to hold said
assets.
Cincinnati will increase its authorized common capital stock

Other

"2,195

common

these

98,775

10,000
160,670
2,219

——

-

Capital
Current

Cash

replacements &
_—45,000

of

5,220 and 620
Hamilton and;

Harrison and Loveland will issue 6,048,
stock, respectively.
In the case of

Hamilton,

825

14,267
98,775

pfd. stock

on

—

$35,000

900

——

year's

one

———

—

———

stock

"Preferred

Other
Gross

143
$326,658

$35,000
V,
75

—....

—

payable

following trans¬

„

"Provision for

Machinery and equipment.
Income

143
$321,904

—

——————————————

Accounts

•

and declarations contemplate the

Cleveland Electric Illuminating Co.

.

—

—

payable

Electric

surviving

the

Ohio.

of

Loveland,

Sheet, Sept. 30

—

interest

Prepaid

a

&

Gas

be

to

Co.

applications

shares

Dec.

99,908

———

The

-

approved

Columbia

the

actions:

"Depreciation only.

27,706

revenue-

power

(excl.

239
$3,768

dividends

Preferred

Note—The

12 Mos., '42

1942—3 Mos.—1941

Operations
Taxes

334
$3,452

expense

Net inc. to curr. surp.

140,000 common

30—

Sept.

.

13

Nov.

on

of

Electric

&

mission

1939
$3,805

289

Central Ohio Light & Power Co.—Earnings—
Period

plan for the merger of four sub¬
Corp., with the Cincinnati
corporation.
Columbia Gas & Electric Corp. and its subsidiaries, Cincinnati Gas &
Electric Co.,
Hamilton Service Co., Harrison Electric & Water Co.,
Loveland Light & Water Co., and West Harrison Electric & Water Co.,
Inc., filed joint applications and declarations under Sections 6 (b) ,12
and Rule
U-43,. and Sections 9
(a)
and 10 of the Public Utility
Holding Company Act of 1935 with respect to a proposed merger of
Cincinnati, Hamilton, Harrison and Loveland, with Cincinnati being
the surviving corporation.
The merger and the transactions directly
incident thereto have been authorized by the Public
Utilities Com¬
SEC

sidiaries

Corp.—Earnings—

381

Preferred

Period End. Sept. 30—
Fed.

the pro¬

Richmond

„

provisions for such taxes:
Federal

on

1941
$4,478

$6,454,618
2,967,019

$5,065,357
2,299,462

$4,020,148

—

income

"Provision

hearing

a

364

par

months

for

19

$4,240

Managers' commissions,

Total

Net

Nov.

income

Dividend

Reserve

Income

set

proceedings for reorganization in the
26.—V. 155, p. 2004.

1942

Notes

Wyman, President of this company

income

B

Liabilities—

land County Power &

Gross

class

3 Mos. End. Sept. 30—

Total

Obituary—

Other

in
Light Corp.

offer

an

Assets—

Proposals for the purchase as a whole of $12,500,000 first and gen¬
eral mortgage bonds, series M 3Vi %, due 1972, dated Sept. 1, 1942,
and maturing Sept. 1, 1972, will be received by the company at 9 Green

♦Operating rev.

pro¬

plus $400,000

Corp.,

filed

Purchase of $12,-

Public Invitation for Proposals for

Operating

was

18

500,000 First and General Mortgage

Walter Scott

Ridge

Blue

the

Chain Store Investment

Miscellaneous

approved the merger of this company
Co.
Stockholders of the
consolidation on the following day.
Nov.

on

Cumberland County

the

of

of

shares

States

Interest

with

in

came

the

of

plane accessories.
Judge Robert N.

5

Nov.

on

Distributions
and Sept.

company

owned by Central States, for $600,000

.

Co.—Accrued Dividends

Central Illinois Public Service
directors

stock

common

proposal

all

are

Central

The

holding

utility

new

posed sale.

156, p. 955.

—V.

large

a

from New York financiers to pur¬
stock of American Cities, which
in cash. The offer was
made by S. H. Harris Co., William P. Lear, Carlton Higbee, Bradley
Higbee and the Standard Equities Corp., who hold 90% of the stock
of Lear Via, Inc., a corporation engaged in the manufacture of air¬
The

chase

$47,796

pfd.

on

outstanding

666,002

$1,387,432

of

cash, and would be organized jointly by American Cities &
and the Central States Electric Corp.

41,802

stock.—
Amort, of pfd. stk. exp.
Divs.

formation

The

posed in the U. S. District Court at Richmond, Va., Nov. 13, in con¬
nection with reorganization proceedings of corporation.
The new concern would be capitalized by approximately 72% of the

$122,296
41,801

$89,597

income

Net

three

a

amounted

Proposed

Central States Electric Corp.—Holding Unit

537,927

$2,092,655
705,223

for

Gross

4,019,581
1,443,000
1,105,891
902,800

128,000

expenses

Prov.

Prov.

$10,211,541

4,251,852
1,518,000
1,195,417
998,800

289,566

depr. & amor.

for

Prov..

$800,816 $10,867,425

333,569

Operating

Int.

.

$854,836

revenue

to

1942—12 Mos.—1941

1941

1942—Month

Period End. Sept. 30—
Gross

Earnings—

Co.- -Merger Approved by

Electric

Gas &

SEC—
The

income
(net)—

oper.

Other

1602.

p.

Cincinnati

—-—.

$45,508

156,

Gas

2,500

Crl6,200

—

fChgs. in lieu of income
& exc. prof, taxes

1,946

34,820

profit tax_

"Fed.

V.

$2,731,446 $10,904,281
1,684,989
6,985,670

176,294
73,425

taxes-

"Federal

3,343

2,358

800
3,050

45,220

taxes—

exps. and
income

Oper.

$2,870,322
1,797,251

revenues—

Operating

14,358

30,299

:

Adj. of Fed. inc. tax for
first half of year——
Net

.

219

Depreciation'
Federal

11,431

1939
$80,895

1940
$83,386
13,557

1941
$262,105

695

-

interest

Other

,

20% and will place the road in a more favorable
respect to these obligations, Mr. Farrlington said.—

with

position

1942—12 Mos.—1941

1942—3 Mos.—1941

period End. Sept. 30—

approximately

Co.—Earnings-

Central Power & Light

Subs.)—Earnings—

Central Foundry Co. (&

Monday, November 23, 1942

& FINANCIAL CHRONICLE

THE COMMERCIAL

1860

would

run

will reduce the outstanding equipment indebtedness

in
on

directors have declared a

addition
the

$1

to

the

cumul.* and

Dividend—

participating dividend of $1 per. share
cents per share
par value, both

quarterly dividend of 25
partic. preferred stock, no

usual

payable-:-Dec.-45-J;o.iwlder.S'X>r.T.ecqrd-I>eG.

■i;,f ••!"'•

&<**

of *75

,

restoration

A participating dividend

of

based

are

Vl '-tk

of

.

of $1, per

share

the

on

com-

Vr'.-

follows;.. ;April

,

'July

l. and

1,- 25 <oents each;

Dec. 22, 75 cents.—V. 156,

;;

Oct,

.1010;'-"

p.

1,

50

•—

-

Columbia Gas «fe

r

;

-

156,

778.

'

The-SEC

-issued.

,<•

:
:

<'

.be

Oil

tendered

■*Net

'

1

'

-,

'

.

.

Oper.

&

Federal

.

V*

"

/

,24,912,274

$

-

Note—These

fixed

116,409,701
13,945,972

156,380

2,539,133

9,801,464

.

■:.2,255,535

,r

bef.

revenue-.." !.'4,9 03,362

2,719,355
65,039

31,898

v

___—

charges
of

minority

Net

9,857,729

19,234,442

and

888,987

subs.

240,543

not

volume
Sept.

include

Elec.

&

G.

19,440,693

897,322

but

22,820,675

3,492,905

&

taxes—

is

G.

612,136

2,455,030

3,434,042

parent,
Corp....-

E.

&

charges

E.

stks.

of

Preferred
Balance

1,274,935

2,456,057

months

$1,670,927

of

Electricity
week

the

corresponding

16,668,765

Dr868,580

1,247,762

Following
and

Dr272,902

'

12,624,176

Nov.

14

period

C.

"Of

G.

&

applicable to

5,055,187

tAccruals

stock

per

share

30,

1941

and

applicable

became

law

30,

income

Oct.

on

1942,

subject

of

Federal

to

various

the

The
for

rates

periods,

decline

$0.38

method

income

and

used

tax

a

in

the

year

twelve

in

156,

by

the

required

months

of

by

1942

Revenue Act

the

tax

of

six

months of

Revenue

accruals

of

Act
in

were

1942.

1941

tax

accruals

1941,

while

in

the

of

excess

the

12 Mos. End.

net

Gross

Revenue

to

10%

solidated

fThe

parent

Federal
other

of Federal

earnings ior

excess

periods

Columbia

company,

profits taxes in

of

taxes

Three

months

the

in

those

required

the

Note—The

156,

1942,

Gas

consolidated

income

1603.

p.

Columbia

;

Oil

credits

Corp.,

not

Net

con¬

incurred

include

V...< " "/.I-

/

;

.

-V.

no

•

.

The SEC

Nov;

on

denied

11

the

Claim.of

decree,

entered into

Department of

In

by the company

voting power of

anti-trust

an

was

conflict

no

Oil

with

Columbia'Gas

Both

suit,

according

of

Both

t

vided

Columbia

and

Panhandle

of

tion

and

reallocation

of

Columbia

talization. of,

divest

itself

of interest

of. .voting

.cancellation
Columbia

Oil.

decree

Panhandle

suit brought

-

-provided also for
■

and

control

in

power

In

denying

'redistribution

tion

Columbia' Oil's
of

manner

contention

voting .power

in

among

collateral

provisions of

"The
•of

the

which .'such

an

11 !

V:

"The
-control

unable

are

anti-crust

of

•

Eastern

_

issued

order at

the

order

by

the

and

recapi- '

stock -held

order

an

security

directing

holders

an

'

.

prof,

Federal

•

Earns,

*On

would, conflict

.

..

($6,887,842,
in

In

-

decree

based

are

Columbia

same

,

Gas.

time

that

p.

by

would

to

were

Revenue

$1.89

at

Act

the

with

an

a

17

July 1

of

and

25

Oct.

made:

last.

1,

156,

a

,

Dividend of $1.25

year-end

payable

cents

1,

April

$1.75—V.

declared

stock,

Dec.

each

1

and

dividend

21

to

1,

Oct.

solely
Once

upon

year-end

dividend

stock,

share);
rate

5%

1942.-

following

25

cents

per

record

issue

on

disburse¬
and

eacn;

1771.

of

25

payable

15

cents

Sept. 25, last.

No

cents

Dec.

share

per

10

share

per

to

has

holders
made

were

it

approved

a

among

Oil's

-*$3.10

1,345.359

of

goods

534,389

Other

higher
This

other
stock¬

'

$3.89

for

than

normal

specified

resulted

on

Nov.

10,

payment^ were made during 1941.

sold

25.

June

See V.

10

156.

360,569

and

■

.

debt

for

on

19,325

Spec, reserve

dividends

Assets—*-'

Cash

;

296,981

$555,911

$428,138

65,587

Marketable

other

$1,260,105

$892,413!

Investment

324,608

310,264

"¥,446
352,586

$216,553
normal

$36,441

income

tax

$555,322
■

excess

and

surtax

of

for

1942.

No

1942

Chemical

Inc.

;
1942
-

$326,554

42,672

104,963

....

payable

106,384

173,254

Cigar

Corp.

period End. Sept. 30—
Net

prof,

income

per com.

"On

(&

stock

the

1942—3 Mos—1941

tax

taxes

to

reserve

a

$338,515

•

shares

"

80,000

40%

Note—No

above

provisions
156,

periods—V.

was

1942—9 Mos—1941

f$652,082
*$0.82

tAfter

third

for

in

the

8.

Dec.

22,

960,000

The

on

Nov.

17

excess

profits

taxes

in

to

the

announced

System

Inc.—Output—

output

of

electricity

generated and purchased) for the week ended Nov. 15,
amounting to 157,100,000 kwhM compared with 160,600,000 kwh.
for the corresponding week of 1941, a decrease of 2.2%.
Local dis¬
tribution of electricity amounted to 151,100,000 kwh., compared with
(electricity

1942,

154,600,000 kwh.
of

2.2%—V.

for

156,

p.

the

corresponding

43,244

•5,277

7,703

shares).

6,948

1,077,908

—i-s-

1,077,908

482,275

482,275

•

793.612

holders

week

on

of

of

payable Dec. 22
payment on this issue
on

first

the

old

declared

5%

record

the

was

also

the

dividend

a

$2

par-value,

which

the

cumul.

pref.

Dec.

$6,282,374

America—$2 Common Dividend

declared

disbursed

was

1,533,251

$7,420,964

have

793,712

2,022,604

1.—V.

since

$100

p.

par

per

share

holders
$1

15,

value,

quarterly

stock,

156,

Jan.
par

usual

to
was

1931,

dividend

$100,

record

share

when

common

payable

the

on

of

per

on

$1.25

stock.

of

$1.25

Dec.

15

1604.

quarter.

Consolidated Edison Co. of New York,
company

36,969

subsidiaries...-.**^*....-

previous

directors

share

per

adjusting Federal

Cumberland County Power & Light
See

The

1,040,000

30.558

...

*____*™___*_*___:*____:._*_

no

1941,

share

per

$1.59

stock.

rate in the

required

The

$845,764

$0.92

stock,

1016. ',

p.

80,000

11,907
____*_,

(24,986

directors

Dec.

$378,617

*$0.84

of common

426,170

*_,

Crucible Steel Co. of
The

...

share..:'

250,000

6,171

868,906

(482,275 shares).
in

common

Subs.)—Earnings-

after chgs; &

Federal
Earns,

47,119
'

4,813

—'V0t156,^~prT688~^"-

excess

Consolidated

$703,330

payable—others.*.*..-..'.

'36,838

.Surplus—paid
Surplus—earned

100,000

"•
-

-$232,403
$223,326
$168,898
$195,891
profits taxes.,.Note—Net profit for the nine months ended Sept. 30, 1942
and-194l;
amounted to $725,967 and $814,046, respectively—V.
156, p. 426.
"Includes

$6,282,374

income

Common stock

Final net profit..—.

•

66,026

.

$7,420,964

_____

payable

payable—others

Preferred

•

127,651

50,634

107,220

-

for excess

*

1

95,531

$870,586

.........

Minority interest in

$345,782

52,693

71,110

1

91,128

,

;

contracts

Mortgages

1939 /

1940

*

$857,914

■;'.■■■

.*,-***-*_*-*, -

..—...

interest

Deferred

'428,204

•

>-*486,460

:

.1941

-

$846,515

3,295,839

81,740

payable

and

Notes

,,

—

60,576

3,653,633

county, State and Federal taxes____.
Debentures—annual sinking fund due Nov. 30.
3V-2% debentures due Sept. 1, 1954

Subs.)—

(&

25,111

142,682

92,546

Accrued

profits tax.—V. 156, p. 1688.

Industries,

25,111

123,747

....

routes.

...

Accrued

provision

951,520

-

1,189,740

Liabilities-

Notes

has

cost):

i

trade

Accounts

$217,080

1941

*$384,238

current-,—

equipment—depreciated...

Total

338,242

$594,809

Act

674

427,464

1942

receivable.*..;

_i

Prepaid expenses
Debt expense

4,160

$947,395

86,152

and

of

(at

than

(fixed)

Dairy 'herd

8,323

$122,593

842

3957,793
I,'223,222

"banks_.*_**_____„

contracts

securities

$205,111

89,809

7.

555,069

;

Inventories

^ 2~958

65,586

155,855

1.121,409

and

419,581

,

Cost

--

1,262,476

■t

and In

notes

$472,832

for Federal

Depreciation

135,479

$138,287

paid

421,005

; ;

59,423

694,045

rj',:

hand

on

Accounts,

79,560

53,062

47,436

paid

dividends

$839,100

profits tax

<

55,457
,

$166,851

...

105,027

inc.

Federal income tax

23,085

income..'

Comparative Consolidated Balance Sheet, Sept. 30
-,

~

depr., etc.

20,619

24,972

...

Plant

Sept. 30—

$837,604

State

$100,084

1~428

.

$1,921,280

Note—Net Income allocated to:
Minority interest in subsidiary
Creameries of America, Inc.............

77,714

in accordance with the Revenue

,

109,089

$316,870

J
&

income

Preferred

288,894

75,904

Federal

102,998

deducts..

Fed.

Common

383,526

17,511

$728,515

35,675

;

2,449,258

59,654

9,458,285

$1,818,282

discount

income

taxes

1942—121

12,082,312

$281,195

$905,193

expense

Other

$513,491

3,645,480

$869,466
35,727

105,888

—

for

1942—9 Mos—1941

4,794,939

____

$277,806

surplus..!"

Subs.)—Earnings—

$3,926,675 $13,880,594 $10,186,800

&

income

Interest,

11,168

360,418

ex¬

——._

$306,362

to

(&

1942—3 Mos—1941

$5,664,405

income

Total

from

of net

3 Mos. End.

plan,

months ,of, 1942

deductions

declared

record

March

1,427,850

pre¬

of subsidiaries

467,856

income

of

last

year,

a

decrease

1771.

•

Central Maine Power Co.

Cuneo

above.—V, 156, p.

Co.—Obituary—
1688.

<

Press

Co.—Special Offering—Hemphill, Noyes
& Co. on Nov. 16 made a special offering of
3,000 shares
of common stock (par $5) at 19, with commission of 60
cents.
The offering was completed in 32 minutes.
There
were 21
purchasers through 12 firms, with the largest
block sold amounting to 1,340 shares and the smallest
30 shares.—V. 156, p. 1046.

Consolidated Film Industries, Inc.—Accrued Dividend
The

directors

have

declared

a

dividend

of

25

cents

per

share

Curtiss Candy

on

accumulations

account

six

been

of

on

864.

Operating profit

debt,

Co

I.

-Net prof. bef.

the

Panhandle

$4,895,156 $11,285,985 $14,058,859

21,

$1.25
of

this

on

the

Oct.

of

holders

made

were

During 1941,

July

p.

oper. exps. Incl, deprec.

335,752

'•

common

aggregate




Nov.

$383,694

Earnings—

operations

1942—9 Mos—1941

earnings .for the first

approved

$2.51

Steel Corp.—Year-End

on

common

Payments

were

Cost

con¬

1467.

.

$3,684,085

reporting

equal

surtaxes

the

taxes

income

.

$2.32

2,583,971

$1.87

Creameries of America, Inc.

$2,847,466

534,389

discount,

.

1942—3 Mos.—1941
-

350,983

37,593

deductions

income

per!com. share*—. > *$1.01
$1.35
3,539,894 shares of common stock.

Notes—(1)
and

Sept. 30—

after chgs. &

retirements-

79,251

'

(net).

Consolidated

unlawful modifica¬

by Columbia Gas and Columbia Oil, providing,
for the sale and disposition of all of Columbia

Period End.

2,853.971

$2.82

share—

Period End. Sept. 30—
Net
sales

3,010,399

20,622

is considered necessary

con-

Commercial Investment Trust Corp.—Earnings—

Net

G.

"Provision

-

Panhandle

that

its

holdings in Panhandle Eastern.—V. 156,

..

3,407,727

176,908

v

revenues..

inc.

advances

on

been made

pro¬

•

submitted

things,

taxes,

taxes...

long-term

Balance

.Eastern is divested from the Columbia Gas system, and such control is
terminated, the objective of the decree will have been satisfied."
The SEC

and

.

-decree," the SEC said:

to accept.
,
;
suit, and consent

Panhandle

2,853,971

—2,583,971

1771.

common

p.

"'

!

and Golumbia-Oil apparently assumed
that the decree. constitutes by. implication an ironclad ruling that' no
action other than that;expressly sanctioned by the court is allowable
to achieve compliance with any;other provision of law.
This assumpwe

5,275,495
$7,511,996

Distributions of

$4,506,348

by the public..*

Net

recapitaliza¬

securities,

-

attack upon, and

consent

5,941,719
$8,944,485

stk.

Cornell-Dubilier Electric Corp.—Year-End Dividend—
A

$6,193,617

$851,654
541,849
94,963

income

Miscell.

by

the decree~is hot-made-Clear,

.tion

oper.

on

U.

-

"unlawful

an

of

local

other

held

*

stitute

income

&

Int.

*.

•

1939

9,482,191

the

20,

the

1941

$1,324,799
685,674
84,538

»

Federal taxes

Int.

requiring Columbia Gas to
Panhandle, and also requiring

in

certain

.

•

order

an

•

1940

$13,297,415 $16,863,693 $14,886,204 $12,787,491

&

Receivables

Pipe Line Co., subsidiary
been held a subsidiary of

-

issued

Dec.

'■

$6,313,736

1942—3 Mos—1941

& maint...
depreciation.

Gross

Gas

Eastern's

Oil.

Subsequently the SEC

.,

\

.The consent

l,

ments

Corp.—Weekly Output—*

:

consent

a

companies entered into a consent decree which
separation Of Panhandle Eastern 'from Columbia Oil's

laws.

1941

$7,381,502

per
p.

10.

Ry. & Lighting Co.—Earnings-

for

Net

voting

parent

anti-trust

1942,

7,943,653

directors

AprJ

V'-V

debt discount and

exps.

"Federal

.trol by.placing .the- latter's-stockholdings in'Panhandle Eastern in the '
.hands of a trustee ^charged with preventing further alleged -violations
of

21,

of this year. 'No1 excess
1940.- tDefictt—V. 156,
p. 1771.

!——$5,353,762

common

on

Dec.

Eastern

Columbia-'Oil >-has

Oct.

months
or

1942

profits taxes.. '

par)

Net

Gas

for

7.3

$305,765

state

Oil,' in the Justice Department
had been charged with interfer-

the.-SEC deoision,

to

both ^companies.-.-

Columbia

160,361,000

—

revenues

Electric*

&

-

with the-business of

.ence

172,047,000

company..—

Other

'.V

(

■

inc.

Continental

5.6

subsidiaries

Prov.

Corp.,, taking the
operations of the decree as

.

,

&

for

&

...

156,

share

692.

156, p.

Reservations

the ^Company, 'Columbia

that -there

position

in

income

Total

'

Columbia Gas

a

subsequent

Sept. *30—■

est.

of

The

8.0
5.2

debt

public Nov. 11, the SEC ordered redistribution of

the result of its order!
'

of

Oper.

Justice.

decision made

a

of

Operating

',1;; .1

Corp. "subsidiary
that "the order directing
redistribution
power
would constitute
an ."unlawful
modification"
of
the

—V.

% Increase

154,211,000

9,095

of

etc.,

Connecticut

American

'

••

in

necessary for 1941

deprec.

&

$20

of

weeks

1942

Period End. Sept. 30—

Co.—SEC

:1

that

161,307,000

and expense, etc.,

The Federal income and

do

year;

requirements of the Revenue Act of

adjusted
were

profit

Prov.

equiva-.

accordingly the

statements

Gasoline

&

companies

over

been

its

or

of the

be

bef.

Shares

amount.

Electric

&

have

parent deducted in arriving at these figures are:
ended Sept. 30,
1942, Federal income, Cr$8,870; other,

fied—
1

increase

interest

penses,

Rejects Plea—
Must Dispose of Holdings—Denies Trust Decrees Modi¬
.

7.3'/o

a

of

group

$2,555,026

dividends

Minority

subsidiaries, Columbia Oil & Gasoline Corp. or
subsidiaries,-or Panhandle Eastern Pipe Line Go. or its subsidiaries.

—V.

Edison

161.016,000

————

amortization

the

by

three months,

and

these periods.

will

Net

170,325,000

depreciation and

(net)

Preferred

the

Fuel A Power Co.

for

six

first

this

include

in; excess

Deprec.

•

income

mium

than

$16,230; 1941, Federal income, $86,452; other, $13,727; 12 months ended
Sept.-30, 1942,-Federal income, $153,179; other, $71,398; 1941, Federal
income, $455,751; xjther, $63,886.
*
1

its

:

Sept. 30—

Interest, amortization of

profits taxes,

excess

these

profits tax.

excess

.'V'-'Y

earnings

Gross

1941

less

were

post-war

lent

$900,000 for the full

$4.34

contingency provision at the
the tax accruals to Sept. 30,
1942,

Continental Can Co., Inc.—Earnings—

Community Water Service Co. (& Subs.)—Earnings—

ended

the

at

....

The provisions for Federal excess profits taxes for
nine months and
twelve months ended Sept.
30,
reduced by $1,186,000; representing, estimated

,

of

$863,866
of 40%

rate

assume a

(which

ago

Interest,

first

$4.29

1942

this

tively, to the rates imposed retroactively by the Revenue Acts of
those

-

of

Act

169,458,000

1771.

p.

Provision

the

$0.98

share..

com.

taxes

of

Operating expenses, maintenance and taxes

In

$0.78

per

Profit

weekly kilowatt-hour output of electric energy of subsidiaries
corporation, adjusted to show general business conditions of
territory served for the week ended Nov.
12,
1942,
amounted
to
225,629,491, as compared with 201,591,105 for the corresponding week in
1941, an increase of 24,038,386, or 11.92% —V. 156, p. 1771.

1942.

1942.

$806,625

12 Mos. End.

taxes

_

-

Accruals for Federal income and excess profits, taxes for the three
months ended Sept. 30,
1941 and 1942, include amounts necessary to
adjust the accruals for the first nine months of 1941 and 1942, respec¬
and

$98,849

The

rates

months

arriving

permitted

as

Revenue

credit

166,511,000

;

14

of

credits,

specified

including

from

the nine

the

on

profits

excess

.

7

4,584,113

$0.09

post-war

1942, by the Revenue Act of 1942

the

to

at

were

the

1942).

due

excess

'4,202,629

t$138,962

Earnings

Commonwealth & Southern

profits taxes for the periods

income tax

was

1,113,842

stock

and

1942,

to

21,

for Federal

E.

il,278,917

_________

6,459,665

represents

imposed, retroactive to Jan. 1,
accruals

&

G.

com.

$6,345,412

1,278,917
-4,202,629

;

$0.62

—Kilowatt-Hour Output—
1942
1941

11,043,778

6,455,146

$1,186,000

for Federal income
Acts

of C.

of

$6,288,171

319,729
1,050;657

profits taxes

year.

'

-

31—

Nov.

5,352,084

7,568,988

-

approximately

Sept.

Revenue

99,303

*

com.

earnings

which

•1,969,7-71

"$0.63

the kilowatt-hour output totals of the past four
comparisons with last year.
,
'

are

24

V.

E.

paid

$1,469,235

319,729

Co.—Weekly Output—

registered

last

2,448,536
128,120

'

Oct.

1,347,065

based

the Commonwealth

of

ended

percentage

Oct.

16,395,863

of

1,204,113

'

and

'

output

106,148

(Including wholly owned subsidiaries)

income

post-war

Week Ended—

3,173,884

$0.28

601.

p.

2,426,784

16,126

1,050,657

are

$1,637,486

are

611,067

of

$1,231,424

•rate

1942—9 Mos—1941 •

$732,504

1942

$8,922,068

"Tax provisions for 1942 to
Sept. 30, 1942,
Federal Income taxes plus an additional

1,661,655

consideration

without

156,

of

$8,821,103

25,607

amort,

income

Earn,

$3,299,141

Federal

$2,096,428

605,728

_______

Balance

:

5,511,600

for

523,679

$1;862,758

$8,398,389

dividends.^..

and

provision

the

13,492,757

Dr2 7,172

Br260,157

corp.....

dividends

Consolidated

Act

v>

/

$7,182,527

/

499,923

bonds

on

Preferred

t•

during the
compared with

704,426

^

$8,321,180

Common -dividends..^-:

manufacturing

$1,472,930

$527,016

$1,990;418
106,010

deductions

excess

applic. to capital

Sept.

of
•*

and

prem.

Other

3,695,851

of

fixed

&

ended

Interest

acquired

$2,220,516

share—**$0.20

per

nine

Nov.

•

volume

receivables

.

$1,783,693
79,065

Gross income

$3.45

.

exc.

."

-

6,354,980

1,693,500

&

for

Corp..

to fixed
chgs. of C. G- & E.

Bal,

all

1942 -3 Mos—1941

Commonwealth Edison
612,230

.

.....

Operating income.*..

2,636,878 shares of common stock.

the

Earns, applic,

C.

the

',.1

of

'■

Net

30,

Sept. 30—

Note—The

&

interests

revenue

Int.

5,221,252

Federal

acquired.

profit

"On

for

;2,784,394

It

$11,237,163 $10,190,929 $46,424,008 $42,007,49(1
6,-202,442 .
5,492,665
24,580,817' 22,287^261
-1,037,021
965,246
4,836,295
4,055,786
2,214,007
1,742,600
8,666,716
7,266,054

Other income

income and excess profits
statutes.
fAfter payment -of divi¬
convertible preferred stock outsanding.

cumulative

gross

Fed.

Earnings

22,580,131

206,251

;

...

1942—12 Mos—1941

'

existing

profits -taxes

applic. to Colum.

Gas

C.

the

figures do

Income

.'Federal

t5,722,659
'

1942—3 Mos—1941

6,743,657

$2.83

t7,121,581

-f3;008,149

16,946,183
113,299,889

Period End.

fProf.

57,181,627

taxes__CrtM10,432
prof.'taxes
12,533,686

divs.

INet

of

-

Commercial Solvents Corp. (& Subs.)—Earnings—

;

14,420,924

income

Bal.

,

787,263,763

stock____a___„i_._

Canadian

quarter ended

—V.

.

$

5,609,929

dividends__„__i____,

recently

Consolidated

'

57,938,280

4,935,260
&

"Taxes

•';,'r:

••

Sept. 30—

revenues..

k1941

$

1942, was $127,687,447,
($229,770,124 for the same period of 1941—V. 156, p. 778.

V'$

-24;700,238 121,641,184

oper.

Operating expenses.. >_•
Depreciation
1942

common

-the -4 Va %

on

fthird

'

Pfd.

Period End.
Total

444,820,722

for

the terms

»subsidiaries
i'

1942—12 Mos.—1941

$

r

.jJ,057,024

oper.

Other

dends

the -semi¬

of

(tople,*.-..£,986,913

&

taxes

-Net

^

income

excess

Other

lieu

months

'•

Credit Co.—Earnings-

adjusting

'taxes'-to

■

maintenance—> .12,743,209 .*.13,320,196

for aetir.

Fed.

•

_

1942—3 Mos.—1941

.

revenues

Prov.
•j.

•

Period End. Sept. 30—

Gross

'

\ r;,

in

'

"

^Consolidated Gas Electric Light & Power Co. of Bal¬

timore—Earnings—;-

..

nine

^.Consolidated Jncome 'Account

..

"

«•(
•*»

sinking fuhd. required,-

indenture

the

-share——;

per

"After

an

trastee'Under' the

"

'

Sept. 30—

available

"Earnings

—

GasoUhe

to- the

annual cash

..

Ac

•"

•••

for

receivables

Gross

effective forthwith authorizing
Pdrp,; ip'.'purchase from Columbia Gas. &
■Electric Corp. $300",000 %ce R value>-of "Columbia Oil's - debentures for
$300,000 in cash plus accrued interest, jurisdiction being reserved with
respect to the payment; *>f "the $ I2;000 - premium prescribed under the
terms of the indenture-swurihg^the; debentures.
The debentures are to
Columbia

-1

p,

incurred

v

,

Eleetric *Corp.-^Purchase of Debs

earnings.
This -adjust¬
quarter earnings " which
*■?

were

INet available for
■

months'

the, third

■

and

cents;

■

9 Mos. Ended

six

in

taxes

Commercial

no ^aT- valu«^!pay^le-TDec.t15 <to holders of record pec, 1.
.Thte'compares with-.75-^ehtS-fMftidf^n;?'Gct, 1, last, and 25 cents each
on
April .l.Tand July !lr:*1042!^Distributions during 1941-were as

the

tax rate.

profits

excess

this yeaT—V.

(mPn stock,

to

included

onlhenew

""•121 'No

-The directors .also^eolaredta idivfdend

$714,058

ment. has -not%bebn

-<^nts;vpeV ;share was. paid .onlthisoissue on •Oct! V last, - as com-:
' WlthVparticipatlng ^Uidends of as cents-eachon April 1
and

pared

of

payable

Dec.

on the $2 cumul. pref. stock, no
par value,
holders of record Dec. 4.
Similar distributions
were
made on Anril 1, July 1 and Oct. 1. last, and in each of the
four quarters of 1941.
Accumulations as of Oct. 1, 1942, amounted to
$10.75 per share.—V. 156, p. 1046.

20

to

Co.—Registers With SEC—

Company filed with the SEC on Nov. 17 a registration covering the
of 30,000 shares of participating preference preferred stock

issuance
at

a

maximum

The

agents,

offering price

of

$100

a

share.

corporation does not propose to offer any of the shares through

brokers or underwriters.

the company proposes to use $700,000 to acquire going busiin the
same
field, $750,000 for the acquisition of additional

nesses

Declared-

Curtiss-Wright Corp.-$l Dividend
directors

The

the

declared

12

Nov.

on

the

to provide funds for payments under
profit-sharing plans for its employees,

land, and $900,000
corporation's pension and
farm

dividend of $1

a

similar

A
as

as

:were

Distribu-

5.

15, last,

as

Payments during 1941
follows: March
.35 cents: June 14, 40 cents; Sept. 13,
»d Dec40 ce"ts-v'156- "•1046with

compared
35 Mnts-

cents

35

March

on
15,

1942.

16,

Operating

revenues

Operating
".Federal

____

expenses

taxes.,—

taxes—

Other

■

—

Prop, retir. res. approp.
Net
Other

income

2,898,078

—

2,804,190

1,442,088
706,560

1,048,615
677,111

725,039

337,927

$2,173,776

$179,782

$182,972

revenues—

oper.

1942-^12 Mos. 1941
$7,945,541 $7,520,797

1942—Month—1941
$731,670
$736,057
243,652
259,021
179,149
186,572
56,921
54,747
68,976
55,935

30—

——

Total

Int.

46,667

deducts.

15,239

and

int.

560,000

126,845

1,refundable}

provisions for Federal taxes of $60,000 for the current
and $328,000 for the twelve months ended Sept. 30, 1942, addi¬
to the amounts required under the Revenue Act of 1941.—V. 156,

Depreciation

Gross

mionth
tional

Taxes

Operating

expenses

Other

248.945

203,344

2,760,576

1,926

176,900

21,826

15,436

13,365

168,792

170,221

taxes

taxes

Net

$64,516

$43,010

$650,536

$514,728

15,505

revenues

oper.

15,505

186,063

186,063

$27,505

$464,473

$328,665

$49,011

Operating income—_

Operation

•

—

Maintenance

$27,505

$464,473

...—;

——

23,515

282,180

282,180

1,959

1.959

24,606

income

Gross

$2,031

$157,687

$23,199

appl.cable to preferred stock——

103,901

(f Dividends
Balance

"Includes
month

for the

$44,358

•(•Dividends

Sept.

unpaid to

and

accumulated

paid

was

Nov.

on

tDeficit.—V. 156. p.

1, 1933.
1468.

30,

shares

Dividends on

23,512

9 Mos. End.

$327

$9,244

1940
$248,964
383.325

——-

shares

.

,

amounted

156,

$550,000.—V.

to

779.

p.

revenues—..

$907,231 "
593,994

•

45,325

(inch

Net

taxes)

inc.

102,751

■

Light

$224,459

income (net)

Non-oper,
Balance

$181,940
65,500

$2,439,388
752,700

61,800

accruals...

res,

162,896

"The

Corp.—Bonds Called—

There

have

redemption

for

called

been

of .Jan.

as

1943,

1,

total

a

and

Miscell.

deductions

$782,000 of gen. & ref. mtge. gold bonds, series A, due July 1, 1950,
101 and int.
Payment will be made at The International Trust Co,,

of
at

Denver, Colo.—V.

trustee,

156, p, 1605.

amort.....

Interest

$2,099,448
434,866
13,615 "
13,037

i

$1,229,003
77,652

El

: $1,151,351
to ,minority interest.—17,902

$1,573,894

$79,982
deducts. (B. V. G. & E. Co.)—..

Preferred div.

$121,885

Co.

Balance

1941
Gross earnings from utility operations..—— $76,164,480 $72,464,760
Operating maintenance, etc., charges
——„
51,817,427 49,327,210
Federal normal tax and surtax—.i—i—f——,.
4,325,000
3,530,000
Excess profits, tax
6,420,000
1,200,000

Applicable

1942

12 Mos. End. Oct. 31—

(&

Subs.)

income

$3,868,046

1,630.233

1.475,837

(Maintenance

22,645

20,764

259.127

235,353

Depreciation

36.638

34,802

434,024

78,653

35,607

795,048

362,489

36,226

426,015

400,003
$980,523

—

.

'

,

income

Other

taxes

taxes-

36,270

■

Other miscellaneous income

——_:J

4: '

—

corporate income
debt discount and

—.

...

and

expense.....

...

$13,733,010 $18,633,497
4,963,687
6,289,484

income

156,

—V.

—

——„

$12,344,012

$8,769,323

.

$1,860,106

162,436

Pepper Co.—Year-End Dividend of 85

Doctor

Cents—

85 cents per share has been declared on
the common stock, no par value, payable Dec. 1 to holders of record
Nov.
19.
Distributions of
15
cents each
were'* made on March 5;

year-end

A

1

June

last.

1,

Sept.

the

to

addition

In

"

,■

four

regular

extra

each

payments

made

of

Dec.

on

cents

15

1

paid

directors

The
share

-Sept.

the

on

xecord

Nov.

16

declared

stock,

pa,r

a

$20,

distributions

Sinrlar

-year-end dividend of $1 per
payable Dec. 14 to holders of
were
made on June 13 and

1941.—V.

156,

1

(& Subs.)—Earnings—
.12 Mos.

-3 Months-

Period Ended Sept. 30—

1942

Total

Purchased

1942

$263,941

$847j034

40,448

135.415

57,636

78,913

276,250

15,066

17,978

66,489

14,927

revenue.—

1941

$215,088
33,613

operating

18,614

66,989

3,900

750

18,595

power

Operation

,

.

Maintenance

•General

Prov.

taxes

—.

for Fed.

inc.

from

Income

Non-pper&ting
Gross

Prov.

Fixed

(net)..
—

$107,238
1,501

$283,296
3,336

$90,390

$108,739

$286,632

.26,740

32,440

117,203

renewals, replace. & retire.

1,145
1,163
19,075
21,200
—.1,312

charges of subsidiaries
of East Coast Pub. Serv.
inc. taxes of co,_

for Federal

4,640
79,520
"Cr2,847

investments..

cash

Temporary
Notes

receivable

———....—........

receivable, inch

———...

debt discount and

Other

to

"Rerv^ents

year

surplus

$43,429
$52,623
$88,115
1941, of over-accrual for the

adjustments as of Dec. 31,

1941.




.

223,000
1,221
1,521,670

—

—

expense..<

charges

—_

1,976

1,798,530
69,938
911,294
119,747
34,090
77,336
461,288

4,427

premises—.;

damage expenditures—

deferred

;

installment accounts.

Appliances installed on consumers'
Materials and supplies..—

$759,939

$985,850

21,928

1,009,843
132,144
32,675
13,521

-

-

451,433

and

notes

(none

owned

U. A.)„

by E.

U.

—

A.).__

payable

Accounts

payable to Montaup Electric Co.!

•Consumers'
Taxes

public.

deposits

accrued

—

r—

—

-

.1

————

...

accrued

Interest

liabilities

Miscellaneous

Retire,

to

reserve

Contributions

(excl.
lor

i

.....

Montaup Elec. Co. res.)..

extensions

Operating reserves
Unamortized

premium on debt
credits
'
...
& capital stock (owned .by E. U. A.)—
& capital stock (owned by others).^

Common
-Common

Premium

on

Premium

on

stock

owned

by E.

tEarned surplus after acq.
Total

U. A

;

stock owned by others

stock by E. U. A.
of stock by E. U. A.

tEarned surplus before acq. of

182,584
31,969
8,999,109
40,086

$1,294,200
11,300,000
277,819
514,263
-52,364
1,659,946
168,334
42,954
9,527,155
38,277

57,394
68,735
195,367
14,468,650
228,000
2,742,366
72,784
1,842,087
314,081

69,026
71,361
392,389
14,468,650
228:000
2,742,366
72,784
2,075,384
330,087

$1,294,200
13,200,000
301,666
413,238
50,511
1,444,974

.

_

$45,947,803 $45,325,359

—

damage

expenditures

1939, over a

1, 1942.—V.

156, p. 1325.

341,160

$494,358

$644,681

$620,831

"Accruals

67,501

63,903

$426,857

El Paso Elec. Co. (Del.)

Federal

1942

for

23,850

CDel.)———

Co.

$556,928

(normal

income

and

and

surtax)

excess

profits taxes are based upon the 1941 Revenue Act plus an added
provision of approximately $220,000 for additional taxes which may be
"required under the proposed 1942 Revenue Act. This additional amount
,is. .being spread
monthly upon the basis of taxable income.
The
.amounts shown above for Federal income taxes include provision for
estimated

profits

excess

30,

Sept.

of

taxes

$573,785

(1941—$159,144).

1942

For

for

the

12 -months

comparative

ending

Federal

purposes

.income ,and excess profits taxes for each month of 1941 have been
.restated to give effect to the Revenue Act enacted in September, 1941.
—V. 156, p. 1325.
■
'
■

Electric Boat Co.—50-Cent Dividend—
A

dividend

stock,

of

payable

50

Dec.

cents

10

-w^re. made

per

share has

to holders
June 10,

on

of

been

>

-

declared

record

Nov.

capital
Similar dis-

on

24.

the

last, and .Dec. .10, 1941, .as com¬
1941, and in June and Decem.-

pared with 40 cents each on June 10,
ber, 1940.—V. 155, p. 2006.

Electric Power
<

&

'1942—3 Mos.—1941

Subsidiaries—

'

I

$

$

1942—12 MOS.—1941
.

$

.

•

'*

$

Federal taxes

——

taxes

45,944.133

1,514,076

6,613,327

2,794,603

18,321,856

9:943,866

3,425,965

13,516,125

13,063,890

5,429,732

—1_L—_

10,649,769

4,813,333

—

Operation
'Maintenance

30,873,796 139,094,681

1,759,785
3,435,231

revenues

33,842,335
11,510,026

-Operating

Other

,

Light Corp. •(& Subs.)—Earnings—

Period End. Sept.'30—

5,377,889

22,312,484

19,501,200

6,894,228
17,115

7,110,594

32,386,756

31.210,92

9,010

365,419

222,29:

6,911,343

7,119,604"

32,752,175

31,433,21

121.856,048
42,391,972
5,744,197

Property retirement and
depletion

reserve

Net

revenues—

Other

oper.

Gross
Net

(net)

income

income-——'
.public

to

int.

„"Pref.

3,500,505

3,564,037

14,493,385

14,544,78

3,410,838

3.5557567" ~18,258,790

16,888,43

public-

1,972,816

1,971,407

7,890,796

7,885.62

i.

divs. to

nority

&

of

1,438,022

1,584,160

1 0,367,994

9,002,80

80.062

82,902

388,684

1,357,960

1,501,258

9,979,310

applic. to
interests

equity
Lt,

and

—

Balance

Net

.

*—

deductions

Balance

tPortion

being prorated to expense beginning
four-year period under approval of State Com¬
missions.
tlncludes $750,435 which
is not available for dividends
."nr""- -ter^s
Trucf Todenture of Brockton Edison Co., dated * July
"Storm

265,581

$51,543

requirements-^.--—,———

Balance applicable to

Liabilities—

Preferred stock (none owned by E,

Electric

Paso

dividend

Preferred

$45,947,803 $45,325,359

.......

—

22,075

$34,699

El

Hributions
Total

.January,

Balance

5,327

$73,619

(pub.t_

amort.

Interest

—

Unadjusted

$89,946
444

operations..

income

income

for

Fixed chgs.
Prov.

~

taxes of subs.

—

Accounts

'

.

—

.

Bonds

1772.

p.

'

East Coast Public Service Co.

and

Int.

1941

1942

—

"Storm

last, as against $1.25 per share on March 14, 1942, and
share each quarter from March 14, 1940, to and incl. Dec. 13,

14,

$1.75 per

f

on

common

23.

Nov.

$807,862
Dril,922

$56,627

Balance

f

$31,307,225 $31,716,421
9,632,100
8,357,100
* 11,382
4,709
Special funds, U. S. bonds for resale-—.-——
u 5,569
...—.
Cash
1,601,181
1,772,521
Special deposits
•
- 403
- 409
and equipment.—
Montaup Electric Co
Other investments (at cost or less)

Prepayments

Dividend—

30

in

Unamortized

(E. I.) du Pont de Nemours & Co.—$1

$1,704,871

$1,261,473

for dividends and surplus..

plant

Property,

Accounts

quarterly

during 1941, the company
of 25 cents per share.—V. 155, p. 823.

share

per
an

and

dividend ■of

$79,121

Dr5,502

155,235

^

Comparative Consolidated Balance Sheet, Sept.

'

'

Investment

1468.

p.

$1,550,282
309,824

$1,133,449
290,460

Assets—■
Net

$60,290

Dr3,663

revenues—.-

oper.

■Other income—net

23,612

$1,423,909
interest—

and

taxes

Expenses,

Balance available

Gross
Interest

413,841

77,652

Balance

$13,602,052 $18 ,407,550
225,947
130,958

*4

— — ——

1942—12 Mos.—1941'

$4,352,308

123,250

$370,864

revenues
-

$494,358

Non-subsidiary income
Balance

Balance,

(Texas)—Earnings—

$329,771

,

Earnings of subs. cos. applicable to E. U. A...

$206,662

it has any liability for excess

1942—Month—1941

-

'

Subs.)—Earnings—

(&

129,312

136,368

"Net

Co.

Edison

Detroit

$335,973

$184,098

■

surplus—

does not consider that

Electric

Paso

Operation

$1,651,546

i.

—

stock and

Period. Ended Sept. 30-

"Fed,
Balance

$295,523
111,43d

.■

profits taxes.—V. 156, p. 1325.

$2,888,417
788,969

$1,686,688
444,070

$116,441
35,918
540

$162,659
40,672
102

—.

3.616

13

requirements—

common

24.614

-

1,457

,

'
dividend

Operating
Gross- income

18,877

15,114

^

;

company

$383,080

17,121

taxes
-

for

1941

1942

$329,229

:

Balance

138,238

,

(Del.)- -Earnings-

30—
—

Balance

$2,750,149

$2,276,523

Sept.

—

Preferred

,

Denver Tramway

Ended

revenues

Interest'

$850,483 $10,833,098 $10,095,572
400,979
5,886,564
4,852,274
38,133
484,608
413,096
241,488
2,185,403 ; 2,080,053

$169,883
12,057

New

Power

&

Other taxes

1942—12 Mos.—1941-

$165;162
59,297

revenues—

oper.

Retire,

Subs.)—Earnings-

1942—Month—1941

Period End. Sept. 30—

Taxes

(&

paid on

was

Servel,

Paso Electric Co.

Total

per
1772.

p.

manager

of

Expenses

Eastern Utilities Associates

quarterly

York, has been appointed advertising
of this corporation.
He was formerly
Inc., and of the New York & Queens
Co.—V, 156, p. 1605,
,
•
1
v,

of

relations

.

Months

12

Minnesota-

the Eastern

available to

share

cents

an extra of 50
29, 1941.—V. 156,

manager

public

El

603.

p.

Operation

$519,651
388,325
$1.43
$1.36
$0.66
"After charges and provision for Federal and State taxes (including
reserve for Federal excess profits
taxes in 1942 and 1941).
The taxes
income

Outstanding

156,

Corp.—V.

not

are

Maintenance

1941

1942
$554,992
388,325

Sept. 30—

operations

its

of 20 cents

usual

the

and

$2,

on

Stop Nut Corp.—Appointment—
Reynolds,

advertising

and

Dec.

on

"Federal income

7% preferred
th.s stock are cumula¬

Darnings per share....

1942

23,549

and

unpaid dividends on preferred
Wisconsin Hydro Electric Co. earnings aris¬

subsidiary,

the

quarterly dividend

a

par

share

last, a quarterly dividend of 20 cents was paid on the
as compared with
30 cents per share previously each

addition,

In

common

Elastic

47,446
$32,793

1942, amounted to

•

•

of

from

21.2'

companies

30.

record Nov.-

of

quarter.

.

ing

62'/a

Sept. 14,
stock,

2,090

—_

accumulated

of

11.0
16.0

Inc.—20-Cent Common Div.--

stock,

common
cents per

/,£

.

^

$80,238

—

47,393

......

—

Amount
,,16,406
11,968
21,971

156, p. "1772.

declared

17

Nov.

on

common

deductions.

company

income

Operating

for

On

1941
148,931
74,713
103,958

1942
165,337
86.681
125,929

Light Co.—,

the

on

of

to holders

9,816

$23,839

parent

Power

(& Subs.)—Earnings—

Decca Records, Inc.
"Net

of ,1941

131,167

32,972

—_—

Note—Because

Latest dividend, amounting to $1.75 a share on

$926,451.
tive.

current
addi¬

$10,983 for the

of

taxes

twelve months ended Sept. 30, 1942,
the amounts required under the Revenue Act of 1941.

tional to

stock,

Federal

provisions for

and

1937

•of

$286,747

:

of

the outstanding 30,000 shares
series preferred stock and on the outstanding "30,000 shares
series preferred stock, par $50 each series, all payable Dec. 15

Electric

1$80,702

$53,786

share

dividends

35,389
18,250

subsidiary deductions

Net

—

—

———

directors

William

Total

subsidiaries

are

& Ltgiit Corp.
and
-with the corresponding

figures do not include the System inputs Of any

appearing in both periods.—V.

Edison Brothers Stores,

3

103,901

$23,537

income

which

Power

compared

as

follows:

as

-were

&

Power

The above

not

i38,097
:

Balance
Net

National

the

Total

Co,,

r—Increase-—•

24,786

deduct.ons

1941,

Electric

Co,,

Light

Inc.,

Services

Light

&

Power

the System inputs of client oper¬

1942,

12,

Ebasco

&

Power

Input—

—Thousands of •Kilowatt-Hours—

30,463

taxes—__—

income

1

Operating Subsidiaries of—
American Power & Light Co.
—
Electric Power & Light Corp.——

.1941

12,125

,

—

.
—...

Federal

year

a

Services Inc.—Weekly

week .during

$71,238

...

taxes

and

State

$330,165

23.515

4

$49,011

bonds-

mtge.

on

Other

General

service exceeding six months

companies 'of

The

,140,529

■

—.

—

—:

—

coverage

week ended Nov.

the

For

jr

$315,629

income)

other

group

the

1468.

p.

20,625

1942

30—

(including

revenues

the

,

■

income

Gross

Int.

1,500

—-

-

—

was

156,

Subsidiaries)

(Including

Account

Income

Months Ended Sept.

Depreciation

Other income

V.

per

3

Gross

-Rent for lease of plant-

$2,080

etc.

expense,

/

but less-than -five years,
amount to normaj
and a half.
t •
/'
When the new plan become effective on Jan. 1 each insured em¬
ployee will contribute 6 cents for each $100 of his increased insurance,
iwith .the
employer bearing the
balance of the entire
net cost.—

2,884

$3,521

•

and its affiliate, the Canad.an Kodak Co., Ltd., of
.announced on Nov. 17. The revised plan, which affects

earned in

wages

40

——,

——

Consolidated

351,323

454,053

39,934

41,924

'Prop, retir. res. approp.

discount and

debt

of

Net, income

2,346,137

38,163

-

Amortization

*••

,

life insurance program to provide an
of approximately 20,000 employees

of
in

50'/«

employees with

$25,629

38
2,850

•

-

■

64,831

$27,033
20,625

...

——

$3,404,235

$4,210,857

$301,579

$408,984

revenues

"Federal

1942—12 Mos—1941

1942—Month—1941

Period End. Sept. 30—

Operating

Toronto,

13,901

...

debt——

'

.will permit them to apply for life insurance .equal in'

9,600

debt...—

funded

unfunded

each quarter from April 1, 1938 to and in¬
In addition;' an extra of $1 per share was

$1.5U

1942.

1,

4,204

—

—

on
on

Common Dividend—

a

"

—14,476

1, 1941. The
made on April 1, 1938.—

company

National

10,800

:

...

Interest

Co.—Earnings-

the

of

$118,164

...

Interest

Dallas Ry. & Terminal

of

increase

American

V 3,988

...

15,
6'/v

the

on

value,

par

Jan. 2,' 1942.

-"Rearrangement

>

ating

59,081

—

_

no

with

July

on

made

been

have

■Changes Employees' Insurance Plan—

1941

$115,378

:
——

———

Net earnings

1324.

P-

••paid

t

1942

earnings

Operation
"Includes

A

compared

declared

have

stock,

cluding

.

Sept, 30—

Months Ended

3

(Company Only)

to holders of record Dec.

1

surplus.

share

per

quarter since and including April

1

Corp.—Earnings—

Income Account

Maintenance

507,386

347,166

.

———$3,191,227

.•___—

Eastern Minnesota Power

$1,563,949

Balance

30,517
223,650

.

cents

75

dividend of $1.25 per .share on the
payable Jan. 2 to holders of record
similar distribution was made on this issue on Oct. 1, last,

directors

5.

Dec.
•as

2,310

-6,842
434,189

of

or

Eastman Kodak Co.—$1.25
The

common

Use

•

profits

1237.

p.

Ebasco

$980,200

to preferred

applicable

£2S

:

"Less Treasury stock of $2,482.—V. 156, p. 780.

————

Dividends

—_ .

...——

etc.——
i-J.
Customers' advances for construction-^ -——i——
Total reserves
—
———_
;
'--Capital stock (par $1)
—
—
—— —
Darned surplus
-i.
—2
——:
Capital surplus
:
——I
*
——:

$1,487,586
507,386

$121,066

-

33,456

Unearned interest,

$131,214
stocks

income

$2,051,806
.

„j.

156,

1*113

*0 n<zi

Total

V.

$3,191,227

—

——.
___■

dividend

net

stock each

preferred

6%

previous payment, also 75 cents per share, was

387

,—■

,

$2,071,335

Net

'

at?Waii::::;:::::::::;:-

$2,653,611
560,000
22,276

$2,174,431

$179,782
46,667
1,901

$182,972
bonds.—

mtge.

on

Other

I

I

—

of

Distributions

dividend of 75 cents per share
cumulative preferred stock,
$1.12Va per share on the 4V2 'h

a

the

on

payable Jan.

both

accumulated

of

out

quarterly

stock,

preference
-

accumulations

usual

the

declared

19

Nov.

on

of

account

on

■and

~———

—

-Accounts payable
-Customers deposits

657

'

income

-

,—

Long-term debt

$2,652,954

—

Gross

etc

taxes,

,

Period End. Sept.

49,051.
6,968

Co.—Earnings—

Dallas Power & Light

.

65,135

\

25

'."low

,

]

—_

prepayments-—insurance,
other current assets.—:

has been declared on the

stock, payable Dec. 15 to holders of record Dec.
cents each were made on June 15 and Sept.

of

;

-

supplies..

and

Dnvdend—

year-end dividend of 40 cents per share

A

common

tions

receivable

Materials

Deferred debits

,

Cutler-Hammer, Inc.—Year-End

$2,4j5,056
90,272
r
6,88,2
361,472

Property, plant and equipment
.
Cash on deposit with trustees
——
U. S. Savings bonds on deposit with trustees--,*.—
Miscellaneous investments in subsidiaries in bankruptcy
Accounts

trustees

The

.

on

14, 1940.—V. 156, p. 1605.

compared with an initial of 50 cents on Dec.

Assets—

.
share

per

payable Dec. 15 to holders of record Nov. 27.
distribution was made on this issue on Oct. 30, last year,
stock,

common

Associates—Accrued Dividend—;

Eastern Gas & Fuel

Consolidated Balance Sheet As of Sept. 80, 1912

connection with the

after expenses in

remaining

$2,975,700

the

Of

-offering,

Monday, November 23., 1942

FINANCIAL CHRONICLE

THE COMMERCIAL &

1862

I—

mi¬
385.940

Elec.

Pr.
Corp. to income
of

subsidiaries

—

8,616,86

Volume 156

THE COMMERCIAL & FINANCIAL CHRONICLE

Number 4127
I

Electric
Net

Power

equity

of

&

Other

tion

(as
1,357,960

1,501,258

9,979,310

10

612

898

—

reconvened

whether,

voting

8.616,865

12

:

income

the

At

Light Corp.

corp.

above)

Section

to

for

power

hearings the

I——

Other

1,357,972

1,501,268

9,979,931

8,617,763

21,276

.Total
Federal

30,486

108,731

92,176

taxes

4,690

4,913

19,267

11

(B)

99,422

363,407
1,662,459

Int.,

Balance

858,265

—

—

397,244

Balance

Sheet,

069,203

Sept, 80, 1042

7,926,067

with
V.

current

$2,877;

assets,

unamortized

debt

discount

and

stock

(no

value),

par

$155,044,139;

long-term

cents

25

1501.

A,

50

cents

V

share

per

has

declared

and

to

the

par $10,
payable Dec. 15 to holders of record
compares-with $2 per share paid on March 16, last;
15, 1941, and $3 on March 14, 1941.

stock,

mon

This
Dec.

Service

Engineers Public

Nov.

30.

$2.50

Nov. 13 served

Co., Inc.—Files
the SEC

and

the

work,

all of

its

directors

share

ground

counts,
the

the

on

A

The

..

Public

the

court

evidence bearing
proffered to the Commission but

11

also

petition

asserts

that

Commission

the

erred

in

22

Co.

and

El

Electric

Paso

system.
:
The petition also asserts
not

are

supported

stantial
The

by

Co.

Engineers

by

inter-

its

<

that

contrary

are

sub¬

to

Columbia

Nov.

the U.
14.—V.

156,

A

March

22,

of

to

1940,

S.

Notes

receivable,

Accounts

(net

Co.—New

The

at

assets

net

Sept.

30,

1942

$3,938 per $1,000 debenture and,

:

that, group,

of North
been elected

has
146,

1397,

p.

and

class

of

30

B

record

and

dividend

extra

an

Like

12.

5

cents per

value,

all,

$5,

par

amounts

Dec.

made

were

declared

share has been

payable

while from March

15,

15

holders

to
this

on

1941,

issue

and

to

were

record

June

15

March

incl.

'

capital

Approval
the

of

is

normal

needed

two-thirds

to

equivalent

were

than

contemplated

each

156, p.

after deducting the

At

approximately

a

meeting

lowing

principal amount

Fire Insurance

officers

of

the

stock.

General

Counsel;

Leonard

Peterson,

the

As

the

debentures,

to

$46.11

share

per

convertible

preferred

class

of

in

outstanding.
I Pursuant
to authorization by stockholders at a
meeting held on
Aug.
11,
1942 the
corporation has entered into
a
contract
with
Empire Trust. Co., New York, providing. that the trust company will
render
investment advisory
service to the corporation
at a fee of,
1,' 1953,

assumed

this

by

corporation

is

annum.

per

;

Earnings

Operating
Operation

Nine

for

Sept.

Ended

Months

30

held

Laughlin,

Taxes'

(&

Notes

164,221

178,384

181,827

23,596

20,481

income

$314,770

1st

tTaxes refunded

—

75,417

§ 121,471

125,625

Int.

3,180

2,281

of

giving

$110,696

$98,023

159,610

371,301

effect

result

to

paid

taxes

at

source.

lOver

,

glncludes

$4,193,118

2,673,716

2,007,744

50,817

698,931

114,640

52,833

Assets—'

•

banks and on hand——

in

of

securs.

Corp

York

1

Total

v--

Capital Co.

; 1941

"

1

cos.:.

stock-"—.

——:

10,

705,062

Ltd—

3,278,922

.

,

v

of

G.

1941;

all

341,540

$67,950

$874,155

$711,008

.or

l,

than

104%
be

$12,705,105 $14,892,616

Reserve

for

$13,866

income

-

$3,318

105,855

129,683

51,033

market securs.__

1,668

20,011

$51,868

$697,256

declared

a

each

dividend

9

151, p.

of

less

issue

of

10

cents

share

per

15,

Aug.

on

.American

Gen.

cost

book

of

Excess

(net)

Corp.

which

carried

;—

——

amounts

at

are

at

invests,

herein

in

Gross

are

•

'

'

Drl,260,249

such

par)

principal
The

to

are

Ltd

cost ,of

of

Excess
i

Canada,

of

:

amount,

National

plus

City

invests,

in

.

Dr 194,108

First

York

May

on

30,—V.

1943,

1,

that

at least

may

Shs.

Cost

(Corp. and general market securities owned—_

252,441

p.

Electric

of

of

jDr221,260 '

—

Co.

at

a

interest

Bank

it

of

of

its

due

sales

&

The

V

convert,

preferred stock,

stock

Common

Surplus

(10

cents

;

the first

series.

par)......

Gross

678,118

1

—

203,854

stk.

479", 129

9,988,372

.JLl-

•_^

10,348,063

Other
\

—V.

$12,705,105 $14,892,616

——

to

to

$1,250,000

Dec.

The

share
Dec.

Rubber

directors

the

on

decla/bd

Deben¬

of

redeem

these

for

compares

with

25

1942. 25 cents on April

June 25,

cents

1.

cents

per
record

Oct. 1, last, 87V2 cents on
and 75 cents on Jan.. 1, 1942.

on

1942,

during 1941 were as follows: Jan. 1, April 1, June 25 and
25 cents each; and on Jan. 1 and June 25, extras of 25 • cents

Payments
Oct

1,

each.—V.

debentures,

proposal

Offering

—

—

A

sec¬

stock

common

of business

Nov.

share.—V. 156,

a

&

Gas

Corp.—SEC

Renews

Hearings

will

status

of

the

corporation

sentence"
resumed

respect

to

its

interest

p.

by

1606.

Nov.

18.




197,00.6,,

$746,383

$559,720

$622,505

735,000

735,000

735,000

735,000

$0.80

$0.55

$0.63

at

recent

a

meeting

represented

by

voted

195,000

Corp.

(&

Sept. 30—

to

increase

bonds

Fed.

for

4,198,444

19,983,542

$935,908

9 Mos. '41

$4,677,284

$3,789,232

212,742

Divs.

Net

3.855,066

2,918,518

2,731,252

3,853,958

5.051,916

4,564,311

191,777

149,860

687,988

599,597

576,087

499,237

tax,

140,648

1,554,435

2,166,633

1,253,742

*2,182,528

profits

taxes—.—

*263,700

190.236

*453,936

$3,563,023

income..—

$3,529,545

$4,619,988

(net)—..—

£>rl25,601

Dr95,352

Drl57,124

$3,437,422

$3,434,193

$4,462,864

debt—

1.086,120

1,090,158

1,448,160

11,162

10.522

expense

85.321

97,395

117,034

040,118

Cr24,955

Cr47.981

609,250

573,124

807,202

..1/1.—....l.)...

debt

pfd.

on

for

disc.

&

to

construction—

stocks

of

cos,

cum.

sub.

subsidiaries

pfd.

declared

in

current

3.222

367

11.729

5,458

5,707

87,371

37,765

66,909

9,658

198,288

154,394

*521,211

338,618

*2,305,373

1,309,416

l

$243,957

$329,268

$1,023,191

$1,374,294

share.

$0.52

$0.70

$2.18

$2.93

income

.exc.

profits

&

*

6,992

6,526

7,728

21

1,505

86

$1,678,674

$1,676,696

328,125

294,616

*$1,350,549

$1,382,080

income

i.___

pfd. stock of

income

tEarnings

its'

law.

per

469,713

.-'Notes—(I)
943

or

share

and

income

approximating
tOn

the

upon

30,

:1774.

Revenue

Federal

1942,

approximately

$1.44

for

the

excess

25%

Net

income

per

share,

same

-

profits

Total

Income

operating
other

Total

the 9

have

in

months of

been

effect

computed

under

this year

the

totaled

; •

1942,

for

the

nine

profits

excess

the

$2,114,77:
437,501

*$1,677,273
ended

months

taxes

will

increase

credit.—V,
"■

post-war

.

,

Account

at

1941

$674,-

which compares with $920,527 or $1.96 per
period of 1941. The amount reported above as net

the

for

revenues—

12

156,
.

(& Subs.)—Earnings

Months

—

Ended

—

June
—

——

750,499
223,950

114,060

taxes

bad

for

depreciation.—..—,

debts..—

income

Expenses,

*——

-i-,.——

income

Federal

for

——

6,548

———

195,622

—

interest

454,031

—

!

...

$1,192,411

—

——

subsidiaries..

of

income

1

$508,316

and Federal income

charged to construction,

tax of

(2)
is

consolidated

in

The provision

based

mates

on

made

rulings,

officials

by

a

subsidiary,

statement.

r

plant and equipment
on esti-.
and is less than the

for depreciation of property,

Commission

deducted

above

the

230,065

company—.

$21,034.

Notes—(1) The accounts of California Water Service Co.,
not

287,694

——_—

——.1———Lf'
than

charges

1942

$2,483,091

.....

Gross

30,

$2,195,396

income————

income

*Operations

in

of

Federal

bond

indenture covenants or

the companies,
income tax returns.

,

The net income is stated exclusive of loss (on the basis of cost)
of $1,411.41 on sales of marketable securities, which amount has been
(3)

charged to earned surplus.'

posed

Provision

1942,

30,

by the

income

Federal

for

calculated

is

on

Balance

Sheet

basis
As

months

for

taxes

the

the

six

of

the

Revenue

House of Representatives July
At

20,

Act

ended
pro¬

1942, namely, 45%.

June 30,

1942

for deprecia-v
$4,302,329; cash
in
sinking and bond
redemption funds, $3,653; cash held by trustee
subject to withdrawal upon certification ot property additions, $70,000;
miscellaneous special deposits, $13,971; cash in banks and on hand,
$766,381;
marketable securities,
$92,337; accounts receivable
(less
Assets—Property,

tion

taxes

of

and

after .netting

General Water Gas & Electric Co.

'Consolidated

in excess of rates
shares (no pari.

for

•

•

Act

income

$237,000

,

Consolidated

(4)

common

corp....

balance

Based

Sept.

June

(est.)

1,054

earns.

deductions..

income

on

14,808

divs.

.......

interest

amounts

24,026

'taxes

6,620,615

1,617,780
*1,694,818

...

....

charged

Income

$3,980,162

deductions

$23,752,724

etc.,

interest

Dividends

190,930

$4,890,026

649

12 Mos. '42

2,705,133

-

general,

long-term

on

of

Interest

Prior

38.218

152,664

par

$16,528,654

expenses

earnings

Amort,

15,959,740

& prem. on

Penn.

$5

2.901,700

—

depreciation..:

income

Provision

1942—Year—1941

$974,126

purchased

and

capital

of

Subs.)—Earnings—

9 Mos. '42

.

operating

Net

$5,134,352 $24,660,826 $19,748,972

105,295

Interest
Other

the

shares

common

$18,011,455

excess

Net

Provision

$1,201,194

bond

of
exp.

149,088

bring the total authorized stock to 200,000 shares.

Maintenance.

and/or

rates

in

New York Water Service Corp., will be determined at
which have been ordered resumed by the-SEC" in its "death
proceedings against the two concerns.
Hearings are to be

subsidiary,
hearings

with

170,032

514,783

revenues

taxes

*Less

—

*FederaI

Nov. 18—
Future

152,948

204,091

291,414

$0.23

Federal

(no

13

Co.—Earnings—

$1,095,898

taxes..

Net

Water

$924,541

income taxes

be

to

}56, p. 1415.

Federal

48,273

$926,758

outstdg..

commercial,

General

Net

_

Profit

note

of

42,773

$1,465,257

$876,268

taxes

$975,000,

Provision

various

sources

1939

$883,984

the

!

5,668,186

.

from

inc.

Amort,

Dividend-

a year-end dividend of 50
payable Jan. 1 to
holders

stack,

common

This

15.'

have

50rCent

1940

61,657

514.

This

Traffic,

Offers

1.

York.

sales

the

1942—3 Mos.—1941

Depi\ depl. & amortiz..

156, p. 1501.

Faultless

1941

$1,403,599

profit)

stockholders

Operating

greater

1049.

$6,764,084
'

Corp. and prop,
■

■

"

$719,227

General Telephone

are

Total

Corp.—Earnings—

share

Period End.

profit bef. oth.

Income

209,839

479,129

.....

1773.

p.

with

'

$3

156,

$322,258

per

by

value.

exp.

opcr.

Foods,

"•

below—'V.

147,750

exc.

156, p.

not

American

1949,

price not

New

intends

Secondary
12,500 shares of

—

and $5,604,425

1942

$761,422

Unrealized

:

in

42,195

Federal
&

com.

stock

for sale to

30,

Nov.

m„

amount

under

be acquired

156,

End; Sept. 30—

sales

Net

Corp.

Dr262,788

$6,099,942

1942

deductions

Earnings

p.

announced

General Refractories

-3,421

-

$22,326,584 $20,192,281

.

of

,

Corp.,

profit ;

Prov,

presently outstanding in the principal amount of

made after the close

was

Period

:

depreciation

Products

Taxes—other

carried

carrying amount
:
appreciation (net) of Gen. Reinsur.

over

on

,

amounts .as

Nov.

p.

debentures,

attached

coupons

Lee, Higginson Corp. at $30

'

herein over book cost (net)—Internat. Capital
.Co.

611,338

3,841,874

1773.

income

for

Net

25.

'

f;...

for

income

Minority

$1,250,000) principal

ondary offering of

over

........—

which, invsts.

'

12,394,738

611,338

4,230,952

(Including subsidiary)

and

Nov.

1940,

"

amounts

of

Excess

1,279,995

12,394,738

———

w

Hecker

Total

30,091

;

69,366

197,437

—:

9 Mos. End.

81,781

2645.

5, convertible

'

General

3,350,000

3,200,000

Ports¬

$511,952

;

holders of record

to

made

were

will receive offers until 3

the

of

the

received

__i—130,000
25,701.;

.....

of

1944.—31,933

—

General Printing Ink

11,380

,3,076
•

contingencies...—.—.
by the corporation..i—i.

assumed

in

57,993

175,245

Corp.

submitted

sinking fund

45,012
,- '

■

taxes

and gen.

Corp.

8,821

130

corporation has

27,917

38,112

26,667

-

Prov. for Fed. inc. taxes on appreciation of Gen.
Reinsurance

•

5,592

3,810

and subsequent

$18,000,000.
The

Federal

8,821

cents

part

any

1943,

must

,,.46,8i3

•

acquisition
due

958,259

520,000

Federal

since.—V.

none

Chemical

May

421,590

,

,

of

474,778

General Foods Corp.—Sells Interest in The Best

Interest

This corporation

I.)

5,867,679

3,002,501

--

of Canada,

for. securs. purchased, not received
pay.,'accrued exps. and taxes.l—

for

$1,052,548

401,163

capital stock, par ; $1, payable Dec.

it

4,642,792

interest on debentures outstanding...:;.

Reserve

$1,275,317

24,764

1237.

five

850,623

General Aniline & Film Corp.—Tenders—

.

Accrued

Debentures

$92,714

stk.

have

!

31,933
1,077,630

156, p.

Miscellaneous

Liabilities—
pgy.

Brl,744

Dr226

103

$50,320

of

$41,933

Portsmouth

2,700,000

reserve

1941.—V.

557,017

•

60,218

—

com.

of

....————

.'♦After
in

$1,052,774

$123,299

expense-

directors

The

26,652
4,655,378

———u.————.

Other accts.

143

....

on

p.

tures of

Total

1,076,807,

$1,277,061

$63,081

Co.

debt

$200,000

•

.

$92,611

.

$595,583

,

Corp.—

International

1942

■

$375,294

Corp., capital

General Reinsurance
First

and sub.

assoc.

General

American

156,

June

——26,646
quotations
3,952,810

General market securities, at market
Invest,

;

—

receivable-

divs.

and

int.

Accounts,

>

Gellman Mfg. Co., Rock Island, 111.—10-Cent Dividend

the

'

in

$123,156

—

$22,326,584 $20,192,281

—

year——

575,583

—™:i_-

Distributions

30

Sept.

receivers....

stock

General

expenses

security transactions),

of

Sheet,

of

General Television Co., Boston—Stock Increase—

$5,726,515

income

decl.

—V.

1942 and $21,299 in 1939 interest on bank indebtedness.
Balance

one

surplus

1942—12 Mos.—1941

582,138

and

11,472',081

acct.

surplus

Subs.)—Earnings—

180,205

(net)——

Net income

$71,054

153,228

—.

holders

debenture

(without

$115,384

income. !•

dividends

5,978

11,265.493

hands

—

Common

Other

§146,924
2,753

Divs.

$846 in

253.

p.

bonds—Houston

on

Amort, of

92,260

125,625

2,175

--'

38

mach., equip., min. Ids., etc.

in

mtge. bonds

—V,

$376,466

Int» on coll. & eq. notes..

$312,991

88,841-

63,169

3,804

—

amortization..

Refractories Co.,

operating

414 *

2,819

$314,918

$302,199

Operating expenses —U
Int. on debentures.——

tExcess

and

and
Secretary;
Franklin
E.

and

Secretary;

287,826

—

income

Gross

27,632

16,390,

1,672

2,174

of

Reserves

174,119

bonds—
__

398,036

...

net

payable,

mouth

fol¬

64,584

Depreciation

$110,827

——

Preferred

the

11

$590,206

——

Gross

$113,734

on

2 600

739,212

Maintenance

$114,381

—.-

......

accounts

(norm.

Vice-President

Vice-President

and

223,690

sinking fund.——

Promissory notes

to '

1939

1940

1941

for

—

Accrued

See

required

Nov.

on

640,000

418,653

etc.—.—,.—

due within

Other

1942—Month—1941

—

/Electric

Total

Ajccts,

A.

Allen,

Co.

Maintenance

Other

dividends—

cash

earned

Cash

E.

-

revenues.:

Oper! income

$114,381

Corp

Miscellaneous income

tTo

directors

Vice-President

Period. Ended Sept. 30—

divs,, General Re¬

insurance

int.

now

v

1942

Other

of

Charles

1,150^000

—(s._

Inc.—

1501.

;

$12,500

Cash

and

George

Galveston-Houston

Corporation has called for redemption at par, by lot on Feb. 1, 1943,
American, British & Continental Corp. .5% gold debentures
Feb.

106,000

trustee

banks

568

26,389

subsld.

financial

our

stock

Cuban

Magnestte Co

payable, acct. of acquis,
Refractories Co., due in 1943
Accounts payable
f

Co.—Officials Elected—

Potter, Vice-President and Secretary.—V. 156,

$200,000
due

board

elected:

were

preference of such preferred stock ($50 per share and accumu¬
lated
dividends)
is
in excess of
this
amount, there was no asset
amount for the common stock.

of

with

parts,

in

to

Notes

155,

■

valume, and for that reason much

of

transaction.—V.

6,241

19,836

,

advances

16,

"

times its

10

3,233,594

reserve)

estate, bldgs.,

Notes

the

on

of

on

paid each quarter,—V,

were

2,823

2,430,869

Liabilities—

cents

last.

30,

&

Total

cents

15

of

stocks,

common

Dec.

Sept.

of

dividend

quarterly

Cash

prior preferred and $7 preferred stocks of the corpo¬

working

Franklin

605

3,183,156

reserve...

receivable.

loans

Other

i

:

&

Patents, at cost,

Director—

Company

company,—'V.

usual

'

6r/r

now

$1,751,849

100,000

reserves

less

Sept. 30—
Operating profit ..—

are

1941

$1,926,574

3,408,602

of

Prov.

Equity Corp.—Quarterly Report—

;

of

net

interest

Repairs,

tax

full determina¬

as

Sept. 30

Sheet,

securities

receivable,

in

1942,

Federal

1942

new

hand——

on

Investment in Northwest
Deferred accounts

Foster Wheeler Corp.—Seeks Approval of Loanof

the

1942

banks and

Government

Real

1415,

Insurance

of

already paid

had

company

Extras of 10 cents
June 30 and Dec. .22, 1941.—V. 156, p. 781.

par

.

consummate

1772.

p.

the

declared

distributions

last,

'2006.";/

set-up."

Circuit Court of Appeals for the

S.

the

1942, dividends of 50 cents per share

greater
in

U.

in

orders

,

and

evidence

15,

under

excluded from income,
the year end.

Balance

ordinarily pay¬
Distributions

$1.

from

156, p.

above

the

holders
June

no

Similar

Holders

evidence.
of

Sept.

required

are

made until

ration received Nov. 17 a request to give written approval to a pro¬
posed Regulation V loan in the amount of $15,000,000, which is being
arranged with a banking group through the Manufacturers Trust Co.
John J. Brown, President,, points out that "the company's unfilled

findings of the Commission

numerous

substantial

petition was filed

District

and

■-

Virginia

the

with

of

the

12

class
to

31,

stock,

15.

p.

pretation of clause (B) of Section 11 (bj (1) and asked the court to
reopen the record to hear evidence as to the retention of Gulf States
Utilities

of

yeaf-end dividend of 25

common

Dec.

profits tax reserved to Sept. 30,

excess

amount

Assets—
Cash

Foote-Burt Co.—Year-End Dividend—

'

it,

by

of

(1)

be

Earned

the introduction of

constitutionality of Section

rejected

the

of

(b)

11

because

companies

to

each were disbursed on

unconstitutional on several
directing the SEC to,

is

1935

the proceedings to permit

reopen

Section

that

Holding Company Act of
and also seeks an order

Utility

on

broad

the

on

not

Capital

.

mission

will

Invest,

dividend

par

quarter

Life Insurance

Nov.

on

March

on

the

Investments, miscellaneous

says

President

addition

in

Dec.

and

utility

extent.—-

and

non-utility operations, excepting only. the electric
system of Virginia Electric &.Power Co.
The
petition, among other things, attacks the order.' of, the Com-

public

stock,

each

year."—V.

directors

of

payable

subsidiaries

tion

Deposited

and

this

16, 1942, requiring

for

substantially

of

transactions

what

this action was taken "because of
transition period between our regular busi¬

subsidiary

paid

copy of

a

its

to

so

York

1942.

President,

Diemand,

share

per

Petition—

District'of

Appeals

itself

divest

to

upon

if

the

on

common

made

19,

in

action

no

the

on

were

war

board

The

dated Sept.

Engineers

of

and

of

excess

The post-war credits

any

common

New

whether

in

law.

Corp.—

present

with

connection

Gas

&

the

in

determine

affiliates,

or

Water

(2) Federal income and
is

York

Finance Co. of America at Baltimore—Extra Dividend

the

Court

S.

will

New

consider whether

will

Federal

holdings

it

of

structure

,

review of the order of the Commission

a

on

company

the, U.

Also

taken

20

dividends

A.

the

on

its petition
Columbia, seeking,

to

stock

com¬

per

The

our

in

America

on

have

share

Fidelity Mutual

.

been

to

its

detriment in

any

involved

cents

75

Empire Star-Mines, Ltd.—50-Cent Dividend—
of

for the third quarter is after
deductions for retroactive wage
and salary adjustments paid and accrued in the amount of
$250,000.

Inventories

Weaver,

John

dividend

of

Water.

including Sept,

ness

'

A

accorded

reason

companies

Dec.

per

problems

able, $19,084; accrued inte^pst (including $1,800 for which cash is in
special cash deposits), $252^997; accrued taxes, $105,132; other current
liabilities, $16,717; reserve, $156,119; earned surplus, $6,998,936; total,
p.

the

1773.

about

able

R.

5%,series, due 2030), $30,032,000; accounts pay¬

$192.625,124.—V. 156,

that

simplified, the board

be

suffered

directors

The

$3,-

expense,

and

(gold debentures,

event

Ferro Enamel Corp.—Omits Dividend—

$192,625,124.

Liabilities—Capital

York

associate
p.

income

.

$13,181; reacquired capital stock (973 shares of
stock and 902 shares of common stock), $103,109; total,"*,'

preferred

ques¬

etc.), $184,-

prepayments,

297,453;

the

Accrued

(on demand), $4,575,840; special cash deposits,
receivable (associated companies), $285,163; other

dividends

the

should

New

156,

consider

it is necessary to require that New York Water
structure so as to reduce it to common stock

revised or

so

has

Water

6,470,836

in

company—by

of

stock

cash in banks

$11,587;

debt

is

parent

(Company Only)

'Assets—Investment securities and advances (subsidiaries,

335,913;

$7

Further,

participation

1,624,925

stock

its

Water

409,978

388,634

deductions—

etc.,

simplify

only.

19.848

85,107

taxes

Expenses

will

purpose
of fairly and
equitably distributing
security holders of New York Water, pursuant
(2)—corporate simplification—of the Public Utility

amqng

Holding Company Act,
shall

Commission

the

1863

of

reserve

plant and equipment (less
$12,982,565;
investments,

reserve

$2,448,551),

for

dividends

bad

debts

receivable,

of

$27,260),

$5,457;

$231,727;

inventories

of

accrued

materials,

interest

supplies,

and

etc..

,

$11,829;

1

^

Greenwich Water System, Inc. (& Subs.)—Earnings—
12 Mos. End.

in advance, $6,793; consumers' and other
$113,478; deferred credit in respect of obsolete
contributions for extensions,' $77,968; reserve for
maintenance,
$1,741;
preferred
stocks
of
subsidiaries,
$1,040,000;
minority interest in common stocks
and surplus, $12,546; capital
stock of General Water Gas & Electric Co., $4,032,022; paid-in and
capital surplus, $3,164,132; earned surplus, $999,151; treasury stock,
$55,700; total, $18,770,402.—V. 156, p, 1689.
.
refundable

Operating

-V.

156,

$32,000

$1,516,156

$43,500

from

$1,319,172

Co.

Razor

Depreciation

—

;
-

.

stock taxes..—

of common stock——

earned per share

Depreciation

fr.

'

Net

1942—12 Mos.—1941

income

Total

———

1,589,006
2,274,093

1,398,268

100,709

1,148,779

$228,278
1 Dr643

$2,660,622

(net)——

$3,161,834
•
19,653

Drl0,260

Dr60,167

'

Best

Financial

In

Statement,

U.

S.

Other

Premiums in course of collection

due

months

three

1———.—

224,186
726,979

$16,917,642 $17,838,765
Reserve for unearned premiums
8,665,857
8,366,234
Reserve for commissions on uncollec, premiums
621,702
623,373

Reserve

for

payable

accounts

for

dividends

Voluntary

Surplus

—__

i—

1—

—_——

—V. 156,

Sales

2,500,000
7,500,000

Gross

"Profit

taxes

income

—_.

$300,030
115,350

93,800

—

of

profit

——:

$691,609

depreciation but before

"After

201,243

Notes—(1)

A $10,000 additional reserve was provided for obsolescence

taxable

156,

income.—V.

provided

was

p.

rate

the

at

of

1049,

(B. F.) Goodrich Co.—50-Cent Common Dividend—

f

directors

on the

on

Nov,

declared.a

17

dividend

cents

50

$4

share

per

.A

regular

!

pref.

stock

on

Sept.

30,

last,

which compared

1941,

50

cents

on

Aug.

1,

156,

and

1941,

with

25

paid On'Dec,

$1.25

,'i

cents

on

March

$260,706

stock,

common

against

as

follows:

as

- no

Similar

18.

Nov.

last,

have

each.—V.

declared
the

on

Dec.

15

dividend

a

1942.

The

and

15

dividend

a

distributions

Feb.

on

$2.50,

20,

May

$1

Dec.-1

1942.

and

of

made

were

and

class

B,

on

15,

25

July 2 and
April 1, July

as

follows:

75

$2

payable

par,

of

cents

Oct.

June

Aug.

1

and

during

30

and

Dec.

each

last.

1,

and

Oct.

previous

Sept.

1941

*

were *

$1.50

1,

Dec.

1,

31

were

to

1,

Payments
25

cents

of

record

these

directors
per

have

share

the

on

the

'•*

Federal

tAfter

*

on

during
each,

regular

quarterly

1941

and

i

31,

Gross

profit

of

taxes

1939.—V.

F.

J.

Gavin,

is

inviting tenders on or

these

bonds.

exclusive of
Holders
Bank

of

accepted
on

or

is

Tenders

The

year,

and

Balance
Interest

prices

Dec.
in

the

submit

requested to

City

of
23,

New

York,

8.

1942,
of

excess

for
the

the

sale

principal

to

it

t$25,748

company

has

agent

of

the

company.

Bonds

1942.-

asked

:

;

.

Interstate




.

and

notes

liquidating

corporation

the

about

at a

dividend

29

shares

2,600

of

Dividends paid

Commerce

Commission

-

,

•

$3,574(338
29,384

for

•

j

;

surplus

,

cents. per

40

1942
$31,332

;

.1

for;

excess

for
for

—_A__—

Dividend—;

share

738

550,000,

and surtax.

income tax

profits tax.:.
additional

possible

wartime

taxes

.—

,

and post-war adjustments—

—___

1,970,000
90,000
75,000

Net

Cash

profit

Balance,

$917,984-,
499,500

—

dividends

paid—:

$418,484

surplus

upon

1942,-in

application of proposed 1942 rates to period since July
with action ^of Senate Finance Committee to

accordance
1942.

Note—Provision

in

1940

;

and amortization of property, plant
amounted to $98,746.

for depreciation

Balance

Assets—Cash,
interest,

$1,612,997;
ance

$712,922;

$325,578;

and

equipment

trade

Inventories,

U.

1942

Sheet,

S.

accounts

$1,675,522;

miscellaneous

other

July

31,

1942

patents,
Total,

good

will

and

of life insur¬
property; plant and

cash surrender value

assets,

$18,929;

(less, reserves for depreciation and

accounts

trade-marks,

$1;

deferred

charges,

U. S. Government contracts,
$931,796;
Taxes(other than, taxes on income), $114,989;
Federal taxes on income
(estimated) (less U. S. Treasury Tax Notes of $1,073,268),'$1,547,131;
Reserves,
$159,301;
Common
stock
(outstanding
333,000
shares),
$913,617; advances on
salaries and wages, $28,291;

payable,

264,489 '
12,500

272,614 :
12,500

36,457

:

'

1—

30,958 2

531."

•

—_J'

386,663

1,607

*

$765,085

$900,000
3,439 *

'

■

'

.

$900,000
3,715

8,044

9,632 .
9,000
5,717 :

—

335,198
Dr503,542

340,563
Dr503,542 :

$760,970

8,832

—

—_—__1-1—

dividend--

for

for Federal income

surplus

9,000

tax—1
—

Distribution to stockholders-;
Total—

156,

p.

$765,085

430.

(Henry) Holt & Co., Inc.—$1.80 Class A Dividend—
The

directors. have

$1.80 cumulative and
Dec.

8

to

holders

of

declared

a

dividend

of

$1.80

participattrig class A stock, 1io,
record

Nov.

18.

This

per

par

compares

share

on

on

.

.

the

value; payable
with 90 cents :

Dec. 1, last 5 year, 60 cents on1 Dec. 2, 1940, 10 cents
Sept.'3, '194(1, and 15 cents on Dec. 1, 1939.—V. 154, p. 1264.*"
paid

>

2,221 J

„

A-—

accrued

Reserve

—V.

.

•

($1 par)———
■____^
payable ———A____————

386,245

.,

$760,970

———

Capital stock
Taxes

1,041:

438 Y

—

__—

—————

>.

■

Liabilities—

amortization, $253,468);

$5,189,700.

Liabilities—Trade

^

1941

$58,975

A—A——

Total

loss on

$58,817 "

—__

Reserve

Government securities and accrued
receivable (less reserve of $40,000),

for

1939

1942

closed banks__

charges

$311,594

.

•

securities__—

—

Deferred

278,777'

.

,

—

Accounts

equipment for the year

in

,

....

Sheet, Sept. 80

receivable

Accounts

$32,817

$316,180

and. $59,772

,

,

Claims against

1939 ..
*$59,817;
27,000 '

f

$7,126

providing

Marketable

."

$6,760
309,420

$340,563

Capital assets (net)
Investments and advances—A—————

Cash

* 1940
"$33,760 %
27,000 '4

-

$15,452.
325,111

$335,198

—

Earned

and

'

surplus

earned
Sept. 30

Assets—
-

1941: -•
$42,452
27,000

-'

$4,332
330,865

abandonments.

$3,603,722

■_

-

' 27,000

31

Dec.

Total

"After

v

!

—

surplus

Balance,

8,236,795
—$4,349,381
*
775,043

———

Sept. 30—

earnings—-

Net

:' *
A- $12,586,176

_

expenses—

•

$156,334;

$21,800,879 Notes—

authority to issue $21,800,879 promissory notes which would be ex¬
changed for conditional sales contracts and equipment leases involving
purchases of 46 dieseF locomotives, 7,500 box cars, and 2,000
,

'

has accepted tenders in
covering, about $185,000 of its,
of its preferred and prior ;
total cost of about $272,000.—V. 156, p. 1327.

that

its invitation of Sept.

to

-9 Mos. End.

^

.

—

___.

.———a—

$687,416;

the

> v_ '

•

of

taxes

Federal

IAfter

*A—

of

amount,

their tenders to The First National
as

^

Holly Development Co.—Earnings—

_

—

expense

September 5,

pursuant to such tenders must be surrendered to the agent
Dec.

-

1941 excess profits tax, >

in

$250,000

and

430.

p.

Inventory

1,.

interest, will not be considered.

are

before

cars.

$$148,475

sold

Provision for normal

on

past
ore

$11,038

50

notifying holders of general mortgage 4%
1, 1946, series G and H. that the company

Seeks Authority to Issue

.

Oct. 4/41

$31,343.

and miscellaneous other income

"Based

prior to

at

685,749
$2.44

1942

Balance

1049.

due July

in

has been declared
on
the common stock, par $25, payable Nov. 25 to holders of record
Nov. 12.
A liquidating distribution of $1.75 per share was made on
Sept.. 1, last, as against 50 cents/each on Dec. ,27,
1941,1 and onDec.
27.
1940; 75 cents on Nov. 28,
1939; 50 cents on Sept.' 25, 1938; $1 each on Sept. 30 and Dec. 24,
1937; 50 cents each- on
Feb. 24,
1937, and Dec. 22, 1936; $1 on June 3, 1936, and $2.50 on
Feb. 6,
1936.—V. 156, p. 865.
"
y'/V *
V

.

Ended
Oct. 3.'42
'

Operating profit *_A————————
Royalties

Provision

of

stock,, par $25, payable Dec. 1
to
This makes, total payments for the current

p.

President,

convertible bonds,

•

156,

$1,158,144

685,749
$2.10

Holland Land Co.—40-Cent Liquidating

-

1836.

Selling and administrative

"Provision

Great Northern Ry.—Tenders—

:

$1

40 Weeks
Ended '
Oct. 4, '41

39 Weeks

Ended

_

Cost of products

were

Dec.

dividend

year.^$2 per share, as against $2.50 in 1940 and 1941.
Extras of
50 cents each
were
paid on Dec. 1, last
2,

quarterly of

Earnings, Year Ended July 31, 1942

sales

Net
.

common

20.

$924,643

685,749
$1.65

share

preferred shares,

A

12 Weeks

.

declared

holders of record Nov.

Dec.

a

was

stocks

holders

made

Great Northern Paper Co.—Regular Dividend—
cents

stock, no par

Dec. 5.
Similar distribu¬
last, as compared with

payment

t$38,303

profit

Provision

The

$618,318

685,749
$1.46

207,124

out¬

$750,000

and

bonds

15,

Hayes Industries, Inc.—Earnings—

record

cents per share on
cumulative
preference stock,

cents.—V.-156, p. 781.

1

$1,926,300
253,844
514,312

par)

(no

announced

is

it

share on account

the

on

of

holders

to

Payments

31,

share

per

dividend of 75

the

on

no

Distributions

April

on

accumulations

of

21.

514,312

$480,781

156,

Earned

a

253,844

514,312

$0.91

:

156, p.. 1502.

\ The directors have declared
A

—V.

:" $15.17
,'

■

Dividend—
per

prior preference

Sept.

13 Weeks

$121,480.—V. 155, p.

Great Lakes Paper Co., Ltd.-—Accumulated Dividend—
account

of $1

holders of record

June

Oct. 3, '42

j

Dec.

$0.37

Ended

*

class

$8.78

$0.55

.

,

cumulative

$4

to

on

;

Co.—$1 Dividend—

value,. payable

par

$2
15,

Feb.

declared

$1,692,799

253.844

85,920 »
$2,610,536
.'
183.005
501,232*

-

v

Great Atlantic & Pacific Tea
directors

$1,386,473

253,844
514.312

common

"Includes

$499,442

$290,089

$7.88

$0.72

•

'

The

634,568

dividends

Earnings per

15, 1939.—V. 156, p. 605.

"Loss.

*
226,467*
245,950
"1,072,625
*1,143,122

etc.—

taxes

dividends

pref.

standing

230,500

Hathaway Bakeries, Inc.—Earnings—

Net

$2,534,491

(R.) Hoe & Co., Inc.—Tenders of Securities-

1941.—

14,

$2,775,546

$1,248,937

State

Shares

261,000

147,700

$9.95
V

:

20,

$3,148,028

Surplus

$328,750

have

1,

83,274

52,262

_

share-

made

May

$2,524,616

$2,451,217

143,763

Income

Conv.

:

1416.

p.

on

March

on

.

quarterly dividend of $1.25 per share on the $5
stock, payable Dec. 31 to holders of record Dec. 18.
distribution of 50 cents per share also was made on the common

cumul,

V.

of

691,107

$2,631,783

_______

int.,

disct.i
&

Net

50,175

100,000

223,000

146,400

143,000

—

payable
were

$3,868,325
696,405 :
647,304

729,347

717,114

28,682

stock, payable Dec. 22 to holders of record Dec. 11,

common

the

and

Cash

Fed.

and

prof, tax

accumulations

value,

1939

1940

$3,871,671

201,970

—

income

Gross

.

tions

The

613,902

21,829

directors

1416.

$2,946,058

profit

income

Common

per com. share156, p. 1327,

The

'

40%

of

sales_j

admin, exps.

gen.,

response

taxes

manufacturing and

(& Subs.)- -Earnings—

1942
1941
$4,329,059; $4,285,572
869,802
877,298
,'513,199
776,491

Sept. 30—

expenses.

Operating

$1,757,881

129,405

Hartman Tobacco Co.-^Accumulated

.

for income

Provision

the

$1,279,976

22,254

taxes—

pfd.

.

,

Corp. for many years has been

plant

emerg.

per

<

Oats,. Heckers

H-G

profit on

Other

,

bottles.

(2)

Gross

$6,114,391
4,356,510

4,586,915

335,352

3,212

Earns.

V,

taxes.

Federal income

Francisco.

Ilershey Chocolate Corp.

1942—9 Mos.—1941

$5,866,891

$867,904

—

income

Earns,

$184,680
$0.13

$139,774'
$0.10

—;

——.

share

per

thereof;",

earnings record, of

excellent

Shipping

1942—3 Mos.—1941
$3,031,210
2,163,306

'

exc.

$3,000,000 was'obtained from-bank loansrepayable in equal semi-annual v
with the right to the corpo- ;

per'annum,

anticipating payment:of the whole or any part

of

the

admin.

income

3%

Minneapolis, Kansas City and Indianapolis.—V. 156, p.

against

as

of

Cream Farina and Force, breakfast
foods; Presto Self-Rising Cake Flour;, three brands of family flour^- ;
Heckers', Ceresota and Aristos,
and the Shinola, 2-in-l and Bixby
lines of shoe dressings. .Mills
and plants are located in Buffalo,

.

2,207,774 "

Federal

for

Prov.

Net

Net

Earnings

share,

per

has ;

period of seven years,

a

Hecker Products

16.
was 'paid on

share

per

$2

corporation

this

Foods;

Co.—Earnings—

—

for

State

1941

$233,574

——

—

—

30,

operation;

effective

more

Best

rate

over

3 Mos. End.

total

3747.

facilities

'*

cents

50

will

1942

>

p.

profit

income

Prov.

1942

year:

Sept.

for the quarter ended

In emphasizing the investment .value

San

dividend of $1 per share
payable Dec. 16 to holders of
dividend of 25 cents per share,

Pay. under pension plan
Amort,

Quarter Ended Sept. 30-—

of

dividend
year

—

adv. ~<&

expense

Other

$45,778,688 $44,075,224

Goebel Brewing Co.—Earnings—

Federal

This additional amount

$2,899,384

sales

Selling,

514

p.

the

—

of

Cost

5,956,851

2,500,000
7,500,000

,

fiscal

a

ended

.of the acquisition, Mr. Wardall ;
The Besr Foods,. Inc., pointing ,
out
that
in
the six-year period
ended June 30, 1942, the average :
earnings of Best Foods, Inc., before the payment. of income taxes,
were
$2,424,421, and after payment of income-taxes, $1,685,471.'.
Since 1923 Best Foods has been engaged in the manufacture and
sale on a nation-wide basis of Nucoa, the vitaminized vegetable mar- '
garine and the Hellmann's and Best Foods line of mayonnaise and
other food specialties.
It has plants in Bayonne, N. J., Chicago, and
,

listed

year-end

value,

quarterly

Period End. Sept. 30—

500,000

7,598,487

securities;

of

value

,

General

The

interest

Sell.,

790,000

500,000

Capital:

Total

for

Hamilton Watch

for conting., incl. fluctuation

reserve

market

in

290,000)

__

unpaid

and

declared

regular

A

a

par

no

1941.—V.. 151,

In

$1,50

—_—!—1,185,000)

taxes—

for

Reserve

stock,

1.

Dec.

Dividends

Reserve

and excess

Inc.—-Year-End Dividend—

declared

have

common

special year-end
19, last year.

Dec.

claims and claim expenses

for

is

year

quarter

and that

financing the purchase,

an

recently declared, is payable on Dec. 1 to holders of record Nov.

Liabilities—
Reserve

directors

the

record

$45,778,688 $44,075,224

——

$1,342,687

surtax)

and

(normal

(1941—$576,767).

Hale Brothers Stores,

on

A

of

in

distributing

215,827
573,961

—

Total

income

profits taxes of $1,464,692 for the 12 months ending Sept. 30,
For comparative purposes Federal income and
profits taxes for each month of 1941 have been restated to give
effect to the Revenue Act enacted in September, 1941.—V. 156, p. 1327.
1942

3,398,083

accrued———_—

and

assets

admitted

Other

due

rents

and

Interest

Federal

1942

$782,213

stock and surplus—

common

for

of

interest

the

instalments

excess

The

3,504,522

—_

tax

the

for

accrual

from

at

being spread monthly upon the basis of taxable income. The amounts
above for Federal income taxes include provision for estimated

not more than

-—_

584,968

requirements——

excess

1941
$3,538,299
25,417,435
10,431,617
500,000

—_——

Real

of

$1,927,654
584,968

•

required under the proposed 1942 Revenue Act.

30

Sept.

——

1,500,000
$0.22

Foods' Corp. for $5,500,000 the latter's 29% •*:
Inc.',.rit was. announced- on NoW.c20 by .
William J., Wardall, Chairman,of the* board^of Hecker- Products Corp., :
which had previously owned 71.% Jof the Best* -Foods stock:" k
.
.
:

shown

1942
a;

^

Foods,

purchased

profits taxes are based upon the 1941 Revenue Act plus an added pro¬
vision of approximately $645,000 for additional taxes which may be

Sheet—

$3,335,441
Government bonds
:'
27,956,296
bonds, pfd., com. & guaranteed stocks.- - 9,531,264
estate ■
-_u——
500,000
banks

for

"Accruals

is

in

$324,116

1,500,000
$0.10

of period—

end

1942,

tax

ration
Balance

provision has been made for United States income and
excess profits taxes in line
with the tax bill just passed by Congress.
%The company also has set up other reserves in view of the uncertain¬
ties of the immediate future.—V. 156, p. 1049.

.

$185,994'. $1,367,180

103,156

$125,495

—

-

dividend

Preferred

Ample

Assets—

at

1941,

30,

In

Balance

from operations, depreciation, and taxes, but would not
alter net income for the period since earnings of foreign subsidiaries
are not included in net income until realized in U. S. dollars;
increase profit

Cash

70,244

$155,534
outstdg.

'

$3,181,487
1,253,832

$289,150

102,141

.

.

$2,600,455
1,233,274

$227,636

1

and amortization—

Ipt.

Globe Indemnity Co.—Balance

48,534

provision—

tax

_

1,059,511

$299,410

266,250
$394,360

ending June 30, and ,
1941, was based on
Sept. 30, 1942, 1
on
the Revenue Act of 1942.'" No provision by the corporation and
its consolidated subsidiaries for Federal excess profits taxes is con- sidered necessary.
The tax year, of The<iBest Foods; Inc.,-ist the
calendar year, and its Federal income and excess profits tax reserves 1
were
provided under the Revenue Act of 1941 forthe .quartervended ;
Sept. 30, 1941, and the Revenue Act of 1942 for the quarter ended
Sept. 30, 1942,
^

1,533,814

158,782

88,750

Inc., paid in dividends during the quarter ended
approximately 95%, and during the quarter ended
approximately 61% of its earnings for these respective
periods after all charges.
>"
-

Reports

(3)

a——*

Inc

share—

per

Sept. 30,

"574,961

673,216

55,972
129,534

262,553

revenues—_

oper.

Balance

$2,333,336

$2,265,036

—

_

from a number of foreign subsidiaries for the period
have not been received; It is expected that/such reports would tend to
(2)

►

taxes.

from Best Foods,

stock

com.

ownership

!

$128,110

■

profit

of

Sept.

•

96,612

Other income

602,386 »•

690,664

1941

$115,318

and

Inc.,

Acquires Complete Control of The Best Foods, Inc.—

$1,730,950

$1,574,372

America
Earns, realized in U. S. dollars from other
business done in foreign countries;
Latin

to

income

Note—Corporation's

2_—133,650
taxes,

income

Other taxes

North America and

done in

bus.

exports

;

"Federal

-

1942

-

.

$204,068

"The

per

$1,086,703 $12,425,292 $11,406,314
342,296
4,079,576
3,677,927

50,572,

Maintenance

30—

from Best Foods;

the Revenue Act of 1941

1942—Month—1941

$1,089,059
317,393

——

—1——

Operation

$2,333,337
$0.60

follows:

as

Earns,

cents

25

Gulf States Utilities Co.—Earningsperiod. Ended Sept. 30—

Notes—.(1) The sources of the above net income
were

of

1941, an extra of 50 cents was disbursed.—V.. 156, p. 695.

15,

Sept.

rec.

Federal

Earnings

dividend

extra

an

divs.

$233,361

the

2,841,653

$2,265,037
$0.58

i

for period-

income

Net

declared

have

•

Total

Net

Operating revenues
Amount

239,924

the usual quarterly dividend of like amount on
stock, par $25,'both payable Dec.* 15 to holders of record
extra of 25 cents was also paid on April 1, last, while

An

Dec.

on

241,713

4,379,992

___

bef.

"Dividends received

addition to

1.

Dec.

and

Foreign and domestic income, excess profits

capital

$6,858,314
213,285

237 176

$162,251

directors
in

common

,

1941
$5,416,703

1942

operations

the

Subs.)—Earnings—

(&

Sept. 30—

11,101

Ended

Months

before

91,358

9,036

Gulf Oil Corp.-^Extra Dividend—
The

Safety

Gillette

90,483

865.

p.

quarters.—V.'155,-p. 1920.

Ilecker Products Corp. (& Subs.)—Earnings3

Prof.

Shs.

1941

1774.

p.

9 Mos. Ended

S.

$575,745

—

June

on

Share in preceding

per

71,239

$498,945

—,

made

was

682,102

70,525

Federal
income

share

U.

$1,294,590
"725,120

debt discount, premium (net),
and expense, etc., of subsidiaries——_
Minority interest
_
Int., amort, of debt disct., premium (net), and
expense, etc., of company..—____—_
,—

Jan. 1 to Nov. 7
1942

1941

revenues

156,

Profit

1941
$1,329,085

1942

,

,

15 to holders of record Dec. 1.
A similar
15, last* as compared with 75 cents

payable Dec.

par,

no

distribution

of

amort,

Int.,

Net

Wk. End. Nov. 7

1942

income

Gross

RR.—Earnings—

Florida

&

M'

share has been declared on the common

of 50 cents per

dividend

stock,

deposits,

$18,933;

Georgia

—V.

Sept. 30—,

Operating expenses,'maintenance and taxes—
Provision for depreciation & retirements—'——

billed

services

$6,025;

property,

-

Ilazeltine Corp.—50-Cent Common Dividend—
A

Gross earnings

Total,

$1,081,968;

surplus,

-

«

•

->

earned

$79,607;

surplus,

156, p. 1238.

<

r

ferred ,charges, $33,587; total, $18,770,402.
Liabilities—Long-term debt, $8,982,700; accounts payable and ac¬
crued expenses, $65,211;
accrued interest payable, $49,329; provision
for
Federal
income taxes,
$172,176; other accrued taxes, $75,724;
dividend payable or accrued on preferred stocks of subsidiaries, $8,183;
funded
debt called-for redemption or maturing within 12. months,

capital

borrowed

its

of

$5,189,700.—V.

which

doubt

of

expenses

$333,000;

explained that this transaction was designed to remoye any
might otherwise exist that the indebtedness was a part
capital within the meaning of the excess profits, pro¬
visions of Federal tax laws.—V. 156, p. 1689.
The road

Prepaid expenses, $14,939; unamortized debt discount and
subsidiaries,
$78,996; unamortized rate case expense,
unamortized cost of obsolete property, $19,328; other de¬

$143,302;

Monday, November 23,, 1942

CHRONICLE

THE COMMERCIAL & FINANCIAL

1864

on

•-

Volume

Number

156

THE COMMERCIAL & FINANCIAL CHRONICLE

4127

Hoskins Manufacturing Co. —Earnings—
9 Mos. End.

'1942

Sept. 30—

Mfg. profit bef. deprec.
Sell,, gen. & adm. exps.

$1,289,894

inc.

$726,938

197,570

174,263

$924,729

$529,367-

$375,455

15,930

8,914

12,522

32,358

$549,718

>

-

N.

way,

$1,181,444
256,715

bonds- and

on

$1,035,758

Prov,

for

drawn

for,

Prov.

for

inc.

oper,

$407,813

30,034

30,608

198,050

121,000

61,750

Depreciation

,

i.

"508,080

________

261,045

Operation

Net

profit
profit per

__________

-"Post

$327,440

....

I;,,'-

$450,870

share___

$0.68

$0.94

refund of

war

excess

State,

$390,855

$315,455

,

$0.81-

Fed.

Balance

Sheet,

1942

1941

$653,797
fNotes and accounts receivable—261,322
Sundry accounts receivable-.—
*
808

bonds

Accrued

416

machinery,
marks-//

etc.

' 4,489

492,186

26,720

$2,640,292

-

payable ——_
dep.—War Bond purch—.

ICapital

$96,945

517,103

'618,956

667,115

Net

tax

$2,783,086

by 480,000 shares capital stock, par $2.50.
tAfter re¬
serves of $3,500.
"After reserve for depreciation of $305,416 in 1942
and $288,693 in 1941
Slncluding excess profits taxes and after deduct¬
ing U. S. treasury and tax notes of $506,200.—V. 156, p. 430.
-

of

capital stock, par $5,
155, p. 362. ■

cents

payable Dec.

V.

share has been

per

to holders

18

118,750

of

declared

record

Dec.

v-V.

/

per

10.—

Operating

allocated

income

Operating revenues
Operating expenses
"Federal

Other

$605,589

—

1.166,556

taxes——.

taxes

Prop, retir.

approp..

-

2,065,508

871,036

94,506

944,092

581,300

Net

oper.

revenues—

$184,833

(net)_—

$143,167

231

V 303

/

>

,

$1,758,003

$3,502,074
$6.21

■

entire

calendar year

Additional

for

Gross

,

-

Int.

.

Other

Z.

income

on

and

$185,064

$143,470

$1,761,664

the

1942.

year

Such

deducts.

^nt. chgd. to construe,.

Cr.163

Cr.2,937

$620,493

280,786
123,596

"

Net

income

./ Cr.108

$126,568
$79,302
preferred stocks——

——

applicable

to

/Z^./^Z-v/ ■:'/-'//:-/

$7,542,946
3,001,784

572,392

1940,

'1,066,873

481,401

for

*

;

65,184

125

-125

1,500

2,719

$176,816

$206,446
256

$2,065,821
/ '
2,134

$206,702

$2,067,955

(net)—

" 170

/

f

$620,238 !

Indian Refining Co.—To Retire Notes—
company on Dec. 1,^1942,
principal and interest on its 5%
These

notes

dividend.

-

$229,368,
year,

was

issued

were

of

As

$2,505,696

date of
dividend

1937

notes

holders

to

of

will

dated

Dec.

3,

the

as

dividend

cumulative

record
June

of

25

class

Dec.

3500.

p.

cents

■

;

.

A

stock,

24.

no

Similar

value, payable Dec.

par

distributions

31

made

were

the

on

to

$2

holders

1941; none since.—V. 152,

Dec.

dividend of 25

a

cents

made

1941.—V.

12,

180,000

229,652

.

229,444

on

156,

p.

July 17, last, and
1775.'. ./,./'

on

May

A

Oct.

Income

common

Prov.

addition

the
on

7.$127,718

■

~-.$652,589

would

have

been

for

required

the

ending

years

from

>' 1942 V

Net

p.

;

15,

1941,

'

operations

$528,411

3,485

_______

72,384

Fed.

&

shares
76.9

dividend of 81.27

final

$482,854

on

Nov.

10

cents

paid

on

76.828

cents

to

holders

April

May 10,

on

per share

of

record

last,

30,

Oct.

77.438

242,708

above

1941.—V.

156,

p.

on

This

10,

before

and

provision

for

30,

Provision

Other

SEC

tion

11

of

new

a

Nov.

on

modified

plan

14

of

ordered

company

a

hearing Nov. 24

to

effectuate

the

on

amendments

provisions

of

to

Sec¬

(B)

sonville

of the Holding Company Act, which includes organization
corporation under the laws of Florida to be known as "Jack¬

55,844
14,971

$30,388

.

Corp."
approved the plan last May with certain reservations, after

counsel

for

the

Commission

made

application

to

the

U.

earnings of Julius Kay¬

been

appear

The

Commission's

directed

present

order

said

that

particular

attention

will

whether the proposed first mortgage and deed of
of incorporation and by-laws are necessary to carry
out the terms and provisions of the plan as approved by the Commis¬
sion and the court, and (2) whether-the mechanics of
consummating
be

to:

(1)

trust,- certificate

the

plan and the proposed modifications are necessary to carry out its
156, p. 1608.

provisions.—V.

V//::,

'

The

account

company

of

has

called

the sinking fund,

for redemption aa of Jan. 1, 1943, for
a total of $53,000 of Indiana County 1st




1940,

holders

of

income

483,045

/.

provision

1942

paid

was

extras

an

on

Dec.. 22, last

25

cents

of

each1

year;

be

to

with

31%

a

for Federal'excess

liable in

income

taxes

rate

profits tax

this respect.—V.

156,

based

is

for

1941.

1941

$3,628,687
3,012,614

expenses

286,312

—

■

253,907

$1,332,528

_

$362,167

2,175

3,891

$1,334,703

$366,058

1,000,980

_

167,579

/ "

-

deductions
for

2,408

Federal

income

reserved

for

taxes—est

post-war

dividends

while cash

_

adjustments-

75,000

______

dividends

on

$196,071

$0.29
stock

in

stock

common

Balance

$258,723

_

preferred

on

Sheet,

1942

$0.16

amounted

amounted

Sept.

30,

Government

Other

$368,418

-

$54,105.

'

$991,875

1942

___•

:

•

bonds

77,000.,
701,135

receivable

on

No

a

assets

/

•Property, plant and equipment
(less res. for amortization $239,376)
Deferred charges

*1942—Month—1941 ;':

"Federal
Other

"I.

_____

3,277

taxes_

6,342

Net

Other

oper.

Accrued
Federal

*/
and

taxes

Common

on

(par

39,267
60,293

37,049

46,956

33,065

$7,272

revenues-

■.

$8,538

$87,318

$87,272

287

Br536

-6,511

$7,297

$8,825

$86,782

$93,783

1,811

Balance

Int.

and

1,905

22,893

23,848

amortiz.-—_

Balance

$5,487

$6,920

$63,889

requirements——

$69,935

24,374

Balance

'

$39,515

"Accruals

profits

for11942

taxes?

Federal

based

are

income

upon

the

(normal

1941

and

Revenue

being spread monthly

shown

above

income

taxes

include

surtax)
Act

plus

added

an

reserve

record
and

Nov.

Sept.

payments

$3.50
the

20.

Similar

1, last,
of

$1.75

per

7%

while
each

share

has

been

declared

payable Dec.

distributions

March

were

411,463

depreciation of $744,990.—V.

Net

inCi bef. Fed.

Net

income

Earns,

com.

$601/400,

-

1942

of

—V.

$3,127,195
^ .919,081
270,598

taxes

___________

per

-Note—Taxes

by

1942—Month—1941

-

on

1

to

account

156,

p.

1328.

431,

was

,share_

for

amourit

passed.

is

not

"549,592

9,644,257

6,225,400

242,421

3,003;540

2,660,716

$0.51

$6.39

$0.58
first

the

which

nine
was

months

in

the

of

determined

This adjustment

reflected

AZ' "Z*

Z/.vZ*'.'

1942—12 Mos.—1941

was

1942
when

were
-

the

$5.79

;

-overprovided
Revenue'

Act

to the prior month's
the month of October,

made

earnings for

156, p. 1504..

,

.

Lincoln Stores, Inc.—October Sales Up 39.65%—
Period End. Oct, 31—

Sales

1942—Month—1941

Star

Lone
The
share

directors
the

on

Gas

the

$759,972
$6,180,991
$4,876,265
had 16 stores in operation as
month last year.—V. 156, p.. 607.

company

same

Corp.—20-Cent Year-end Dividend—

have

declared

Similar

record

on

22

and Aug.

year-end

distributions

April 22 and Aug. 22, last.

25.

a

of

dividend

of-20

cents

per

stock, no par value, payable Dec. 15 to holders

common

of

Nov.

1942—9 Mos.—1941

$1,061,291

—

During October, 1942,
compared with 14 in the

22,

20 cents

were

made

on

this

issue

Payments during 1941 were as follows:
each; and Dec. 20, a year-end of 30
..

,

of

holders

were made
on
March 2,
1, June 2, Sept. 2 and Dec,

made.—V.

156, p.

$2,090,106 $30,180,904 $19,627,953

cents.-

pref. A stock,

on

for

-sales

April

$3.50 Accrued Dividend—
on

'778,494

provision for estimated

profits taxes for each month of 1941 have been restated to give effect
to the Revenue Act enacted in September, 1941,

of

1,072,800

-

______—

Period End. Oct. 31—

Net

$45,561
and.excess

profits taxes Of $18,294 for 12 months ending Sept. 30,- 1942
(1941—$1,139). For comparative purposes Federal income and excess

dividend

$1)_

(R. G.) LeTourneau, Inc.—Earnings—

excess

accumulations

75,000

:

$3,851,461

-"After

upon the basis of taxable income. The amounts

Federal

for

1,054,808

24,374

provision of approximately $18,000 for additional taxes which may be
required under the proposed 1942 Revenue Act. This additional amount
is

adjustments_____

'/■ Total

total-and
Preferred dividend

post-war

/,

„

surplus'

38,332

v

25

(net).—

—.u.

79,835

5,485

f.

75,895

fest.)

for

reserve

stock

$383,002

insurance—

income

surplus

20,379

;

3,263
'r

/i'V' a-ZV;/:.'.:.,

;

payable .'w—
taxes

Contingencies

V $295,931

107,771
.,19,271

3,578

—

income

.

■

1941

3,149

-

income

taxes

$360,875

1,099

39,924

$3,851,461

'

1942—12 Mos

7,989

——

266,630

Z'i'ZZ

$29,953

10,455
1,174

___________^

Depreciation

;

$31,669

revenues

26,524.

804,271
_______

——

40%

provision

944,102

>'

Patents—at cost

Accounts

to

to

•;

:

S:

Accounts

696.

p.

and

1

1942

Assets—v '

U.

the companies do not

as

of

one

July

on

(& Subs.)- -Earnings—

income

161,865

$1,074,258

Federal

compared

as

made

for

In

record

4,421,705

general

Cash

$1,021,245
/ 490,962

' 631,169

taxes

the

was

1775.

Consolidated

V/Z/.:/

Key West Electric Co.—Earnings— /■

A

Jefferson & Clearfield Coal & Iron Co.—Bonds Called

&

Capital

provisions.

plan

share

per

20,

156, p.

sold__„_

Earned

S.

The Federal Court recently, filed its order approving
and directed Jacksonville Gas Co. to take certain necessary
steps to carry it out. -The gas company accordingly has filed three
amendments
to
its original application setting forth
the
proposed
steps, and it is with these ,that the Nov. 24 hearing will deal.
the

adm.

$18,375

and

profit after all charges

for

District Court for the Southern District of Florida to enforce its terms
and

"

i / $6,040,544

$120,220

./■.?■'/'■ ;v\"/Z

•,

for

Note—The

Gas

The SEC
which

Sept. 15, last,
Payments during
15, 25 cents each;
on

,

to

1

Net profit to surplus—
Earnings per common share___—

'659

"

•

The

paid
1942.

Sept. 30—

Z Liabilities—
Net

-.

the

$1.25

Dec.

goods

Amount

10,989

$259,987

depreciation

1608.

Jacksonville Gas Co.—SEC's Hearing Nov. 24 on Plan

15,

$191,693
.

61,943

;rtaxes:/7«--v-T—^7/; $2,188,473

Operation

with

June

Operating profit

Kayser-Bondor, Ltd., of England.—V. 156,

or

Period, Ended Sept. 30—

1941,

of

on

of

Prov.

3,318

v

Depreciation

payment of

compares

Nov.

per share

and

payable' Jan.

issue,

same

1940.—V,

Selling,

1939

$106,637

145,906

figures do not include the

/////V:

has

paid on the American

31.

cents

16

March

sales'

Cost

Keith-Albee-Orpheum Corp. (& Subs.)—Earnings—
,Z
Z,
t *
/ ■ Z,
Oct. 3, 1942 Oct. 4, 1941

/

was

the

Note—Cash

(Australia)' Pty., Ltd.,
1151.

-income

of

'

*

$213,302

Maintenance

cents

March

on

Kingston Products Corp.

39 Weeks Ended—

.

Act

of 50 cents per share has been declared on
payable Dec. 23 to holders of record Dec. 11.
regular quarterly dividend of 25 cents/per share

9 Mos. End.

Net

Dom.

income

Operating

A

Tax

Inventories

:

Italo-Argcntine Electric Co.—Final Dividend—

1,

Other

1940

73,476

__7—

rate

a

$33,429

June

1,

1

1941,

Special Meeting Dec. 17—
The

nf

has notified stockholders that a special meeting
Del., has been called for Dec. 17, next, to vote upon a

corporation

at Wilmington,
ninn

reorganization.

"The

plan

proposes

distribution

of

^

liability

any

Profits

;,

extra

cents

Oct.

..

April 1, July 1 and Oct. 1, 1941, while on Dec.
$1.50 per share was made.—V. 156, p. 783.

they have

Excess

/

-

1941

.

17

for

Profit

The directors have declared a dividend of 50 cents per share on
the capital stock, payable Dec, 15 to holders of record Dec. 1.
Similar
distributions were made on April 1, July 1 and Oct.
1, last, and on

that

the

dividend

II.'/-

An

50

,/

Sept.

/

extra

Dec.

$1,035,666

bonds retired and other related items resulting

1942, respectively.—V. 156, p. 1328.

taxes

-

//"'■'■■/,. /;■ \//:/;;;

International Salt Co.—50-Cent Dividend—

consider

under

stock,

/. 520,784

Depreciation

and

Internationa! Industries, Inc.—New Directors— V'

each

follows:

as

$1,556,450

Interest

of

.Preston R. Bassett, Vice-President of the
Sperry Gyroscope Co., and
Aubrey L. Ashby, Vice-President and General Counsel for the National
Broadcasting Co., have been elected directors, succeeding John Bradfield, who remains as Vice-President, and Reade H. Ryan.—V.
156,
p. 431.
/ ,-/i 7
■■
■■■/ .7., •:

cents

were

applicable to preferred stocks:—~* 520,784

:

similar

17

$33,429

not

tax,

This compares with 30 cents

35

055,070

Note—The

16,

do

Kimberly-Clark Corp.—Extra Distribution—

-

(Julius) Kayser & Co. (& Subs.)—Earnings—

the

on

stock

profits

156, p. 696.

$1,173,373

income

ser

share

per

stock, payable Dec. 11 to holders of record Nov. 27.
was

<'■

"180,000

18,984

$97,938

.

3 Mos. End. Sept. 30—

31,
.>

122.

p.

preferred
companies

excess

_

non-

March

on

$282,402

Operating profit plus other income________.

Interlake Iron Corp.—25-Cent Dividend—
The directors have declared
distribution

15,000

540,000

upon the
laws in effect at the end of the respective
additional provisions of $106,000 and $578,000 for taxes based

1941 and

'//./' ,'.;7 y-;./;

'7

share has been declared

per

30, Sept. 30 and Dec. 31,

common

;?

540,000

(based

a

31, 1941, such notes outstanding amounted to
including interest. The Texas Co., as of the end of last
the owner of 91.2%
of Indian Refilling Co.'s outstanding

152,

2,248

—$284,519

—

on

/

Cr66

15, June 16 and Sept.
arid Dec. 15, 30: cents.—V. 156,
p. 1504.
•
•

company in 1940.
If adjustments were made
exclude the effect upon taxable income of such extraordinary deduc¬

on

1937.

stock

common

1,832

Cr 198

income

periods)

pay. off

Industrial Acceptance Corp., Ltd.—Resumes Dividend
A

15,000

19,048

•"

■45,000

/

deducts.-*

45,000

chgd.* to construe—

tions

/

maturity,

4,884

on Nov.
17 declared a dividend of 25 cents per share
the capital stock, no par value,
payable Dec. 15 to holders of record

1941

'

Dec.

stock.—V.

common

in

and

/

pense, call premiums on
from refinancing by the
to

The

an

Nov.; 28.

The provisions for Federal and State taxes.based upon income set
forth in the above statement, reflect the effect of extraordinary deduc¬
tions for income tax purposes of unamortized debt discount and ex¬

-/'.:

6,942
10,500
Cr4,133

interest—————

The directors

on

8,763

.,,

$973,759

2,784

7,126

Keystone Steel & Wire Co.—25-Cent Dividend-

-

$2,496,933
,

.

"

provisions for Federal taxes of $35,200 for the current
$291,400 for the twelve months ended Sept. 30, 1942, addi¬
tional to the amounts
required under the Revenue Act of 1941.—V, 156,
p. 1327.

11,342

1,511/

'

limited-;

•Includes* provisions for Federal taxes of
$28,742 for the current
and $204,504 for the twelve months ended Sept. 30, 1942," addi¬
tional to the amounts required undqr the Revenue Act of 1941.

and

200,000

840

...

......

amended, for the periods covered by this statement.
Provision
income tax for the period from Jan.
1, 1942, is based
anticipated increase of approximately 307© in the present tax

as

rate.—V.

month

•Includes

payable

Federal

upon

/Balance

414,342

on;

income

Federal

-.An

$1,388,101

200,000

notes

charges—

to construction—.-.-.
income deductions.-————

Note—The
for

;

Net

$512,085

charged

Dividends

810,345

233,166

installment

Miscellaneous

705,000

Dividends

105,625

$1,034,580
414,342

Balance

month

Interest

additional

551,900

debenture bonds

■

42,538

$500,645

assumed

664,468

on

'

Dividends

Taxes

742,500

'

„

mtge. bonds—

•

$469,547

42,993

Amortization of debt discount and expense—..

current

Cr.6,919

-

106,833

mortgage bonds

declared

675,000

8,081

675,000
55,021

*"■ 2,354

>

on

$2,161,807

56,250

•,'••• 56,250

mtge. bonds..,
int.

91,550

113,071

income (net).—

on

Interest

55,572

int.

170,214

taxes-———.——..—..

income

Interest

this statement.—V. 156, p. 1151.

on

Gross income -1—r. $176,986

Int.

66,085
122,999

$457,653

other

Other interest

which

to

for

accruals

Gross

60,000

income

Other

_______

.

Operating income

57,758

of

on

5,356

:

'/>

$5.31

1942—Month—1941 ■1342—12 Mos -1941

—_

Int.

$2,156,451

3,661

•

114,407

133,292

\;

$3,029,474

Total other

534,408

92,825

.

of prop-

Provision

the

$701,582

——

Int.

Other income

—

68,592

for

1941

$1,505,828
'

124,354

29,398

'

,j'

par

asso¬

12,090

and

"?

an

—_

;

66,628

1,027,146

675,000

—

_

plant-and

oper. "revenues—

Other

and

no

addition

1942

644,858

equipment..
Provision for Federal incom^ ■taxes———

erty,

investments——

Net

1,376,344

In

$1, 736,266

■

Provision for retirement (depreciation)

$6,701,441

2,040,239

-

58,300

-

$6,793,678

135,494

65,176
res.

$605,722
182,555.

ciated company
Maintenance i

216,609

'62,500

term

50,000

,

,

130,724

>

Sept. 30—
operating revenues.
Operating expenses—

$257,370

over

rates

tax

Sept. 30—

expenses

"Federal taxes

1942—12 Mos.—1941

27.

the

12 Months Ended

5,484

applicable.

were

Prop, retir. res. approps.

.1942—Month—1941

Nov.

in

2,144

$240,661

revenues..—

Amortiz.'

paid

_——

-

separately stated

Period. Ended

:•/?-/■

each

capital stock,

record

Crll4,130

sh

been

in

are

Operating

cents

the

on

of

Crll4,130

5,914

——•

adjustments

increases

25

dividend of $1 per share

share

anticipation of increase in tax

have

rates

holders

to

Keystone Public Service Co. (& Subs.) —Earningsr—

216,609

CY9,511

1,990

_____

com.

in

per

24

Total

Net

Co.—Earnings—

Period Ended Sept. 30—

-18,051

Cr9,511

Other taxes

Idaho Power

$5,127,544
1,425,000

premium

income

special

a

cents

34,376

$4,635,671
1,425,000

25

Electricity purchased for resale from

interest, net—

the

on

$5,093,168

Dr79,250

,

Kansas Gas & Electric Co.—Earnings—

Ilygrade Food Products Corp.—Initial Dividend—
30

118,750

net

provisions

.

of

$392,288

$4,714,922

periods have been made on the books of the company in anticipation

{Represented

dividend

$375,855

deductions

such

$2,640,292

S 326,955

rates. '/"
Note—Federal income taxes for current periods are based on rates
imposed by the Revenue Act of 1941, /For comparative purposes,
adjustments made in earlier periods, to reflect successive changes in

1,200,000

-

of

Earns,

328,427

§339,808
/

_

initial

Dr6,762

declared

preceding three
quarters of this year, the company made the
following special distribu¬
tions: March 31 and June
30, 25 cents each; and Sept. 30, 50 cents.
During 1941, four regular dividends of 25 cents each were
paid
in addition to the
following special dividends: March 31, 25 cents;
June 30 and Sept. 30, 50 cents
each; and Dec. 24, $1.—V. 156,
p. 1417.

redemption

"Accrued

.1,200,000

stock

Total

An

$399,050

Z)r3,163

outstdg. bond issue

on

$70,441

6,871
377,711

.

taxes—.—2—_

Surplus

$379,017

$2,783,086

Accounts

1,527,789

391,261

18,051

General

:

Accrued expenses
Provision for Federal

35,371

43,641

incomes(net)

and

Amort,

Liabilities-—

Empl.

61,801

1,645,737
632,018

directors have

regular dividend of

value, both payable Dec.
to
regular dividends of

premiums on refunded

1

25,026

The
a

in¬

Issues

506,848

1

/

———

130,487

——1_

long-term debt
of
debt
disct.,

on

Misc.

Total

Federal

income

exp.

7,012

5,532

Deferred charges
<•'

137,549

income

Amort,

61,651

<■

11,817
-

and trade

Int..

.

*

:

banks

buildings,

Goodwill

1,710,034

profits taxes

taxes

Gross

1,285,582

37,064

receivable

closed

1,703,366

$1,500,000 at the market.

$1 Special Dividend—

in¬

taxes—--

oper.

Other

201,407

securities—.—869,650
stocks-.

interest

Claims in

■'Land,

and

145,683

m. and was
completed in 24 minutes.
The
priced at 30, with a commission of 40 cents
There were 305 purchases.
The shares had a

a.

were

total money value of

misc.

state

10:59

share.

a

2,200,263

180,703

'284,090

Government

Other

Net

$508,257

,

Inventories
S.

2,191,071

Z'..Z?,'

Sept. 30

Assets—

U.

184,311

141,354

and

excess

1942—12 Mos.—1941

182,131

—

taxes

■"Additional

profits tax has not been capitalized.

64,230

and

come

$0.65

Cash

at

shares

$1,553,349 $19,161,486 $18,263,352
585,167
7,011,400
6,604,970
73,280
871,711
800,173

612,903

;

local

Federal

—

come'
-

$1,622,625

_/

.issue, previously
1302,

154, p.

Co.—Earnings—

1942—Month—1941

Maintenance

Federal
Net

revs

$541,889

174,650

tax

V

Period End. Sept. 30—

same

still unredeemed.—V.

were

Kansas City Power & Light

■.

23,677

Federal excess

profits taxes

redemption,

$933,643

-

Kennecott
Copper
Corp. — Special Offering — A
special offering of 50,000 shares of common stock
(no
par) was made on the New York Stock
Exchange Noy. 13
by Smith, Barney & Co.
The offering was announced

City.

25,587

__________

Fed.

Y.

On Nov. 13, 1942, a total of eight bonds of the

,

Total

Profit

Depreciation

1

Payment

1939

270,066

miscellaneous

,

5%.sinking fund gold bonds due July 1, 1950, at. J00 and int,
will be made at the Guaranty Trust Co.,
trustee, 140 Broad¬

mtge.

"

•1940

$1,019,828

Operating profit
Net

1941

1865

stock

of

,,.

Natural

Northern

Co.,

Gas

by

owned

now

Star,

Lone

as

earned

dividend
18,
for

a

—V.

Dec. 31 to holders of record Dec,
1942.
Distribution would be on basis of one share of Northern
each 18 shares of Lone Star.—V. 156, p. 1776.

to

payable

holders,

Star

Lone

Louisiana Power & Light Co.—Earnings—

Subs.—Consolidated Income State¬

Operating revenues
Operating expenses

ment—
sales

—

272,519

Net

100,540

164,715

193,203

dry deductions)

sales

for

Prov.

$46,910,742

_

of

future

$32,009,930 $59,795,612 $40,171,007
26,457,203
45,732,531
32,894,984

Unreal,

loss

fluct.

Can.

norm.

inc. & surtax

743,171

880,657

28,131
1,284,395

prof.

tax___

7,340,703

1,697,378

8,770,907

2,086,588

and

excess

______

Domin.
i

inc.

profits
Net

Shs.

125,500

of

170,400

167,100

$2,172,824

$2,676,684
706.859

stk.

com.

684,462

706,859

Consolidated

"Receivables

Cr5,384,275
9,098,419
410,157

8,648,022
222,635

__

Inventories

"(Securities owned
Accrued

on

Deferred

Real

equipment

and

——

charges

receivable

Notes

—

on

contracts

war

plant

^Property,

cost

at

receivable

interest

Deposits

—

______

after

due

purchase contract notes

estate

i---— $33,402,409

$3,472,746
353,429
455,682
§5,478,547

199,722
269,106

for

for

Reserve

capital stock taxes
:—social security taxes——
future inventory price de¬

stock

Common

Earned

(718,066

par

no

surplus

(par $100)—_

shares)—
—.—

.

(at cost)— ____

^Preferred stock in treasury
in

stock

""Common

624,668
135,133
3,180,000
10,690,745
8,697,523
Dr80,640
£*175,419

exchange—r.

treasury

(at cost)——

Total

—

for

reserve

of

receivables

in

income

revenue

from

consumers'

long-term debt—

transp.

debt

__

195,280

$2,372,281
1,158,292

$52,755
*
325

$1,213,989
659
$1,214,648
.
607,627

intangibles),

(including

capital stock of affiliated company, $2,440;
contracts, $15,770; cash in banks and on hand,

appliance

in

64,794

66,712

bonds, series A, due
(banks), $132,000; accounts
authorized instalments on serial
obligations assumed, $241; accrued interest on long-term debt, $3,562;
accrued
interest on other
debt, $1,991; accrued taxes
(local, State
and Federal), $127,830; other current and accrued liabilities,
$4,551;
consumers' meter and extension deposits, $53,218;
unadjusted credits,
$15; reserve for retirements and replacements, $782,765; reserve for
renewals
and
repairs of gas benches, $42,039; contributions in aid
of construction,
$1,451; capital stock (outstanding 60,962 shares of
$25 par), $1,524,050; ?arn<>d surplus, $429,930;
total, $4,097,610.—V,
1,

$607,021

"$11,714

$203,574

and

exps.

1942—9 Mos.—1941
$78,035
$79,908

1942—3 Mos.—1941
$26,050
$28,740

gen.

—

9,206

9,062

28,065

25,261

$16,844
412

*

Balance

income

$19,678
2,838

$49,969
26,284

$54,647
14,041

$22,516

$76,254

$68,688

10,705

26,250

$17,256.

. .

dry

depletion,

Deprec.,

holes, leases forfeited,

10,989

etc.

13,500

5,000

taxes

income

38,049

Federal

"for,

Provision

Net

■

balance

$43,966;

due

on

697.

156,

697.

p.

Dividend—

dividend

stock,

dividend' sheet

final

distribution

six

with

quarter.

last

15,

cents

share has been

per

such

directors

The

the

each-

July

on

1,

$1

29,

1940.—V.

declared

17

payable

with

compares

Aug.

Nov.

on

Dec.

paid

1941,

156,

on

and

of

dividend

a

dividend to which
surrender of the cer¬
for the amounts shown
opposite their respective names on the list.
Any amounts not so paid
within a period of three months of Nov. 26,
1942, will be paid to
the Minister
of Finance from whom such amounts must thereafter

$2

share

per

holders of record
Jully 29, .last, $2 on Dec.
on Dec.
27, 1940, and 50

p.' 1776.

.

directors

have

declared

dividend

a

on

Nov. 27,
10, 1941,
cents on

this

of

during

cents

1941

each;

were

follows:

as

and Dec.

15,

March

$1.——V.

15,

156,

B. Peckham, liquidator, notes'that after
the certificate holders will have received

S.

amount of their certificates

having

Certificates
in

with

accordance

received

have

issued for 110% of original indebtedness,
of Arrangement, holders thereof will
of the original indebtedness.—

been

the

receipt
58.65%

of indebtedness.

Scheme

64.52 cents on the dollar

"Gazette.")

(Montreal

(The) Mead Corp. (&
share

per

on

and

16

June

Sept.

15,

discount

sales—less

Net

sales—bef. depr.

Cost of

Periods

Oct, 4/41

Oct. 3,'42

Ended—

Period

10 Four-Week Periods

Oct. 3,'42

$9,230,090 $10,253,330 $25,604,810
7,422,105
7,769,277
19,224,564

Oct. 4. 41
$24,019,578
18,663,773

633,046

635,792

1,671,883

1,558,082

$1,174,939

$1,848,260

$4,708,363

$3,797,723

Selling and adm, exps..

1418.

p.

Subs.)—Earnings—

4 Four-Week

cents

50

stock, payable Dec. 15 to holders of record Nov. 27. Similar
payments were made on March 16, June 15 and Sept. 15, last.
Pay¬
50

report,

face

the

.

the capital

"$87,931

the

of

claimed.

Magma Copper Co.—50-Cent Dividend—
The

payment

that

notified

are

entitled will only be made upon the
unendorsed, bearing the numbers and

are

tificates,

of

to

11

the

of.this final dividend,

Inc.—$2 Dividend Declared—

stock,

common

This

District

of

Court.

the

In

Mack Trucks,

fifst
final

A petition for the

entitled thereto.

dividend'sheet1 will ' be presented to the Superior
of Montreal on Nov. 26 and after that date
dividend, 2.7 cents on the dollar-of the unpaid
of
the certificates of indebtedness,
will be made, subject
objections, if any, as may be sustained with the approval

balance '

be

year.

company's assets having been sold, a
has been prepared, providing for a

persons

the

the

for

distribution
to

the

among

of

approval
Court

the

of

remainder

The

and

they

declared on the common
payable Dec. 15 to holders of record Nov, 30.
This
distributions of eight cents per share previously paid
In addition,
an
extra of three cents was paid on

of

$1,

par

each

r

.■*

Montreal—Final Liquid¬

Holdings, Ltd.,

McD. and C.

ating Dividend—

of

.

Macassa Mines, Ltd.—Smaller
A

$30,639

$3.6,503

$11,810

$1,267

income

—V,

notes, payable

$950,000;

1966),

payable,

.1,272

....—

income

Oper.

(1st mortgage 4>/2 %

Liabilities—Long-term debt

March

ments

Net

equipment

and

$i, payable Dec. 21 to holders

was

Exploration Corp.—Earnings-

Oil

income.....

1942

30,

and
special
interest
deposits,
$1,249;
prepaid expenses,
unamortized debt discount and expense, $10,031; maintenance
progress, $78,029; retirement work in progress, $30,490; other
deferred charges, $14,559; total, $4,097,610.

$503,810
590,469

debt.

Maracaibo

Period End. Sept/30—

Operating

Other

•

plant

quarterly dividend of 35 cents

a

par

in

work

$502,725
1,085

$53,081

5,

Dec.

insurance

764,375

debt

funded

on

Sept.

at

$4,902,151

of $694,258 in 1942 and depre-

disbursed on Sept. 21, last, as
against 50 cents on June 20, 1942, and GO cents per share in preceding
quarters.—V. 156, p. 697; V, 155, p. 1840.

$7,188;

$1,267,100

85,560

common stock,
A l.ke amount

the

on

16 declared

Nov.

directors on

share
record

of

the year

accounts receivable (less reserve for uncollectible accounts , of
$45,229;
merchandise,
materials
and
supplies,
$202,498;

$21,887;

1,083,528

$138,315

$270,286

—

unfunded

As

1942.

investment

long-term

$9,730,576
7,379,949

$270,243
43

income

income.—

on

$81,568

$60,962 for

to

amounted

Sheet

$6,749,669

348,218
2,353,548

jobbing operations.

stock

common

on

Assets—Property,

$1

Int.

600

$93,345

and

—

——

-

35-Cent Dividend—

per

609

471

expense.;

1

Sept. 30,

$3,668,241;

61,549

49,132

Interest

and

15,000

249,932

349,272
2,396,067

—.....———

surplus

Creditors

$319,376

revenue

Taxes

Gross

discount

——

1,039,222

—

:

depreciation and amortization
ciation of $600,310 in 1941.-

1,703

357

of

par)...._

_—*.

"After

914

1,749

—

income

Dec.

Non-oper. income

i

deposits

($1

150,000
314,561

334,722
2,611,544
332,653
249,932

taxes.:—

—

stock

surplus

Total.'————

■

$418,807
12,862

'

—

Total

324,668
95,502
3,180,000
10.690,745
7,958,483
Dr4,200
Dr525,932

$1,111,566 $11,505,479
851,678
7,950,224
121,573
1,182,975

$1,390,540
937,337
133,828

Reserves

:

and cap. stk.

inc.

Fed.

for

Provision

$408,223
67,257

—

—

42,750

2,738

interest

compares

Operating revenue
Operating expenses—

Operating

$128,144

42,750

.

loans

Balance

1942

6,277

40,258

coach operations.

Net oper.

—.

$127,698
446

»

$141,410

:

—

on

ended

Rev. from other rail and

Depreciation

$141,040
370

—j

—

liabilities

Accrued

$4,902,151

trade.........———
other..
'

payable,
payable,

loan

$6,749,669

——-

-

taxes

1942—Month—1941
1942—9 Mos.—1941
$1,350,249
$1,104,932 $11,309,711
$9,668,139
34
357
488
889

Period End. Sept. 30—

rev.

47,318

Corp.—Earnings—

Los Angeles Ry.

Other

and replacements.

—_

bank

156, p.

Passenger

61,471
155,298
46,748

68,889

156,131

taxes)

"Includes net loss from merchandise

$33,402,409 $28,535,921

—

$560,676

Bank

Earned

...

income

Amortization

and $561,778 in
1941.
tMarket value: $326,665 in 1942 and $534,472 in 1941.
fAfter
reserve for
depreciation of $9,644,750 in 1942 and $8,871,766 in 1941.
§After deducting U. S. Treasury tax notes (tax payment value)
of
$3,795,346.
HRepresented by 672 shares (35 shares in 1941).
""Repre¬
sented by 11,207 shares (33,604 shares in 1941).—V. 156, p. 696.
"After

,

-J-.-;.

Account

1941
$767,154
375,940

1942
$828,850
415,471

,

revenues

on

$27,747),

contingencies—

other

for Canadian

cumulative preferred stock

6%%

charges

Liabilities—

the Revenue Act of 1941.—V. 156,

_______

on

Other

possible

and

clines
Reserve

taxes

income

$744,285

—.

Interest

163,444
206,674

Provision

Federal

for
for

—$564,581

assets

Accounts

Co.—Earnings—

income

operating

Gross

2,941,900

Provisiori
Provision

356,532

i;

Interest

$2,563,595
103,236
342,231
495,575

101,166

$1,100,817

356,532

30—

retirements

Non-operating

$28,535,921

1

—

payable—.

dividends

stock

stock dividend

Common

21,784
35,432

Deferred

The
Net

283,384
43,300

payable Dec. 1
Accrued State, local and Canadian taxes

payable

Preferred

$921,113

—

for

Note—Dividends
Accounts

______—24,859
——--1
....
77,965

Common

(including

Net
Total

$89,385

stocks——_

—

Interest

______

81,805

provisions for Federal taxes of $47,752 for the current
for the twelve months ended Sept..30, 1942, addi¬

______

3,980

year

one

307,653

Cr.1,700

1329.

Provision

1941
$4,545,813
6,463,260
7,584,199
742,820
2,490

1942

$253,731

$1,095,372

—

Govt,

Intangible

and $325,237

Taxes

$12,220,851
7,040,101
9,661,487
350,347
securities--—__
1,342

83,104

Cr.2,602

preferred

to

—

Maintenance

Assets—

Cash

6,327

Cr.17

$59,058

——

applicable

Lowell Gas Light

30

Sept.

Sheet,

Balance

6,615

Cr.94

'

construe.

Years Ended Sept.
Operating revenues
"Operations

the Revenue Act of 1942.

based upon

is

deposit—

on

deposit for post-war readjustments..—
and Canadian bonds at cost;

25,925
1,197,252
7,545
2,082,702
7,5.75
1,270,206

S.

Paid-in

$2.95
$3.50
; $3.94
adjustment after annual audit,
including revision of the Canadian exchange fluctuation reserve.
The
estimated
provision for Federal income,
surtax and excess profits
taxes

875,096

tional to the amounts required under
P.

$2.52
subject to

is

$2,056,018

875,018

"Includes
month

$2,906,465
684,462

outst.

share
statement

Earnings per
Note—This

$1,876,633

72,919

income

Balance

204,200

$1,936,448

taxes

income

$168,614

72,917

hand and

on

,

1941

26,525
Notes and accounts receivable, customers (net)
1,478,664
Other accounts receivable
3,175
Inventories
(estimated)
_______2,210,800
Cash surrender value of life insurance—...
8,050
"Fixed
assets—at
cost—.—.—1,516,606
U.

Total

34,270
1,279,969

excess

rates

$138,496

(net)-—

to

Dividends

Fed.

$2,043,335
12,683

mtge. bonds
int., and deducts.

Set

exchg.

Fed.

$1,862,396
14,237

income

chgd.

190,000

300,000

190,000

190,000

$167,756
858

Cash

Special

$576,778

to

Sheet, Sept. 30
1942

Comparative Balance

832,456

$138,116
380

The revised net profit amounted
first nine months of 1941.

1941.

in

Assets—

886,374
689,902

980,271

on

Int.

from

aris.

of

1,3.62,444
700,453

70,319

income

Other

inv,

price de¬
clines & oth. conting.

143,040
54,893

79,250

stated

.

Int.

for pos.

res.

173,072
e0,123

revenues—

oper.

Gross

574,531

835,863

441,469

662,380

depreciation

to

Approp.

35,912,540

—

for third quarter and

$2.30 a share for the

$9,408,333
4,956,271

approp.

retir. res.

Other

Total
Cost

.

taxes

Prop,

(less sun¬

income

Other

Other

$938,930 $10,547,144
502,922
5,641,580

$879,728
429,167

taxes———

"Federal

1942—9 Mos.—1941
1942—12 Mos.—1941
$46,717,539 $31,845,216 $59,695,072 $39,898,488

Period End. Sept. 30—

Net

J As
or

1942—12 Mos.—1941

1942—Month—1941

administrative expense in the amount
nine months, making the
$2,319,916 for nine months.

for third quarter and $42,184 for

$13,323

total taxes $881,960

Period Ended Sept. 30—

Link-Belt Co.— (&

of

1609.

p.

selling, general, and

included in

total, $3,166,849.

capital surplus, $1,096,545;

$238,550;

surplus,

156,

Monday, November 23, 1942

CHRONICLE

THE COMMERCIAL & FINANCIAL

1866

"Deficit.
Balance

accounts

and

Sept.

1942

30,

Operating profit

other assets, $89,258; prepaid insurance

(& Sub.)—Earnings

Louisiana Ice & Electric Co., Inc.

1942—3 Mos —1941
12 Mos.'42
$567,757
$358,052 $1,928,913
23,378
17,335
89,521
343,385
192,208
1,191,845
36,477
33,688
177,644
22,604
24,499
89,408

Period Ended Sept. 30—
Total
Power

operating revenue

purchased

,

Operation
Maintenance

Taxes, excl. Fed. & State inc. taxes

share

and

from

Non-operating

$380,495
519

$99,662

23,750
5,937

25,000
6,175

$381,013
91,250
24,225

820

...

.

$90,322
9,341.

$143,840

(net)..

income

income

Gross

$141,913
1,927

operation-

613

5,037

Prov. for renewals, replace. & retire.
.

Interest

on

long-term

debt

Interest

on

unfunded

debt

assumed

Taxes

Amortization
Prov.

for

on

...

25
675
12,000

interest

375
29,500

of debt expense

inc.

Fed. &r State

taxes.-

cents

to

Consolidated

Assets—Plant,
ments

and

Balance

property

other

$55,175

$83,458

surplus

assets,

of

Sheet As

Sept.

30,

$204,148

total,

debt,

$684,000;

2V2%

serial

note,

due

April

for renewals, replace¬
depreciation of dairy
equipment,
$13,248;
reserve
for conveyance /equipment
renewals,
$37,102; reserve for welfare reserve, $5,154; reserve for uncollectible
accounts, $21,160; reserve for contribution in aid of construction,
$3,150;
other reserves, $18,782; common stock
($1 par), $69,071;
$2,083;

other

and

deferred

credits,

retirements,

$6,876;

$661,123;




reserve

reserve

for

Other income

no

value,

par

income

Gross

10

Dec.

to

of

accumulations
Dec.

15

to

this

on

the

holders

issue

15,

$1.25

of

of

each

1940,

record

The

&

Fed.

exps.

on

Cost of goods

deprec.

Deprec.

...—

and

Net

Income

taxes.

$6,365,153

63,277

$25,957

included

for nine

tin
for

in

217,696

$1,035,072

$597,007

10,374

9,123

$1,045,446"

$606,130

51

$2,699,194*
32,245

$2,731,440*

$1,487,311
29,666

$1,516,978

4,583

13,126

2,181,550

864,700

3,888

inc.

134,979
200,000
6,829

225,000
7,567

'

718,117
1,400,000

18,171

413,900

$208)845
com.

$188,342

$545,307

$639,152

$0.84

$0.75

$2.18

from August

31.

Federal income and excess

& Manufacturers

Merchants
6 Mos. End.

profits taxes for 1942 are estimated

of 1942.—V. 156, p. 1690.

Sept. 30—

Gross earns.—from

etc.

Securities Co. (& Subs.)

1942

1941

1940

1939

$1,572,683

$1,848,701

$1,630,697

$1,184,632

int.,

——

services.

991,434

1,056,136

882,379

706,646

$581,249

$792,566

$748,319

$477,985

35,679

of finan.

Operating profit
Other income

54,086

15,741

11,119

to

for

the

to

quarter

Total

on

sale

loans

for

mestic

143,000

85,000

59

91

202,467

94,023

143,663

143,663

Federal taxes

income—estimated
Unused
excess
profits
tax of preceding year
Divs. paid and provided
on

$764,060

185,000

—

on

for

$846,651

100,000

capital

assets

stock

of

Finance

1273,572

"282,529
Cr40,000

Do¬
Corp.

the public—

7181,376

182,175

Minority interest in un¬
distributed

item

of

quarter

general and

profits of
3,810
$61,979

$233,138

$272,870

$166,327

partic. pref.

stock

42,129

On class A com.

stock
stock

65,715

51,231
89,015

40,984
35,606

47,816
71,212

640

800

320

640

Consol. net profit
Cash
On

dividends paid:

On class B com.

provision for excess profits taxes,
tlncluding
$28,572 adjustment of prior year provisions,
iAfter deducting portion
paid from earnings of prior periods, $10,996.
"Including

the

of

Domestic Finan. Corp.

third

and

$616,927

Income

for doubt,

Provis.

$489,104

$2.57

sh.

selling,

299,152
57,014
717,616
225,000
19,642

$651,646
t$0.83

$245,074
"$0.16

the basis of the Revenue Act

held by

836,550

months.

addition

third

on

Prov.

prof. taxes

addition

727,884

665,068

admin,

Fed.

per

196,181

152,187

depreciation and amortization amount¬
and $77,869 for nine months, there
administrative expense depreciation
of $2,092 for third quarter and $6,277 for nine months, making total
depreciation and amortization $28,049 for third quarter and $84,147
is

______

22,295
391,258

$1,112,242 $1,418,004
Earns, per. sh. com. stk.
"$1.23
t$1.72
"On 692,889 common shares.
tOn 625,000 common shares.
Notes—(1) 1942 figures above include operations of Escanaba Paper

Loss

252,644

for

4,009,997
50,589

"77,869

(249,932 shs., $1 par)

ing to

profits tax_

for period._

inc.

Net

discount,

6,781,517

16,863

Income

"In

on

at" Sept.

1942—9 MOS.—11941

1,582,463

deductions

Earnings

paid

while

as

156, p. 784.

"25,957

from oper.

excess

been

has

1941,

Fed.

132,087

and

and

15,

Arrearages

2,515,356

amort
than

income

Provision

June

made.

account of
value, payable

$2,477,306 $10,382,646

$3,861,116

income

Gross

1,225,141

118,298
.

Co.—Earnings-

taxes

profit

Other

like

incl.

share.—V.

per

excess

(2)

on

par
amount
no

1942—3 Mos.—1941

taxes

and

gen.

stock,
A

was

1,308.256
254,841

490,634

530,259
89,035
"•

sold, excl.

Taxes—other

Sell.,

3.

and

163,846

$3,961,569

fd. debt

deductions

Minority interest

Cost

Master Electric

Period End. Sept. 30Net sales

Dec.

$1.50

declared

been

pref,

since

of

1942, amounted to $13.50

16,

has

cumul.

quarter

payment

a

share

per

$5

103,263
$4,811,626

holders

Co.

dividend

58,436
$1,906,697

Depreciation
Int.

share has been

per

payable

31,238

$1,206,176

......

~

per

Mangel Stores Corp.—Accumulated Dividend—
A

1943,

ments

cents

3

1941.

10,

dividend of 40 cents

Net

$38,000; accounts payable, $80,131; customers' deposits (re¬
fundable),
$45,902; accrued interest, $7,489; accrued
taxes
(State,
local and Federal), $117,974; other accrued items, $20,434; customers'
advances for construction, $72; unearned interest and service charges,

of

697.

p.

1942

and equipment,
$2,540,534; total invest¬
$1,844;
cash,
$306,316; notes receivable,

dividend

$1, payable Dec. 14 to holders of.
with 5 cents paid on Dec. 22, 1941,

declared on the common
of record Nov. 27.
Distributions of 20 cents each were made on March 10, June 10- and
Sept.
10, last.
Payments during 1941
were
as follows:
March 10,
June 10 and Sept. 10, 20 cents each; and Dec. 10, 40 cents.—V. 155,

$3,166,849.

Liabilities—Long-term
1,

compares

April

expense

interest receivable, $20; material
and supplies, $50,528;
prepayments (insurance, taxes, etc.), $29,036;
unamortized debt expense; $17,753; uncompleted jobbing account, $84;
unamortized leased property alterations, $1,616; other deferred debits,
$4,220;

This
on

year-end

a

par

(P. R.) Mallory & Co., Inc.—40-Cent Dividend—
A

stock,

accounts receivable, $213,897;

$1,000;

stock,

Fed. & State inc.

income

Balance

27.

Nov.

IV2

declared

have

common

Other

8

1,196
55,150

the

on

record

Dec.

Income

directors

The

receivable,

and taxes, $96,111; other
unadjusted debits,. $527,424; total, $53,210,346.
Liabilities—Common
stock
(200,000
no
par
shares),
$2,000,000;
preferred stock (89,544 shares of $100 par value), $8,954,'400; funded
debt outstanding,
$16,514,547; audited accounts and wages payable,
$805,365; matured interest unpaid, $375,086; accrued interest, $187,500;
tax liability $660,056; other current liabilities, $74;
accrued deprecia¬
tion, $22,163,178; unredeemed tokens, $98,590; corporate surplus, $1,451,551; total, $53,210,346.—V. 156, p. 1240.
190;

Magnet Consolidated Mines, Ltd.—Year-End Dividend

equipment, $49,328,858; cash, $2,380,135; loans,
$166,372; material and supplies, $622,-

and

Assets—Road
notes

Sheet,

taxes

shown

$2,277,731

separately

for

nine

amounting

months,

there

to

$868,637
taxes

are

$38,000

Volume

' Number 4127

156

Consolidated

Assets—

THE COMMERCIAL

Balance

Sept. 3(1
1942

;

assets

Total
1

249,573

,

(net)

At.

Gross

Prov,

Liabilities—•

Provision fin* Federal taxes
Prov. for dividends

359,538 V-

income.

on-

notes payable:
Capital stocks of subsidiary in
Finance

fParticipatlng preferred

—

1,666,000'

common

stock

($1

2.160,000-

common

stock

($1

pari—____;

28,220

328,575 "'

Gap.tal

surplus'',

Earned

surplus

28,220
v.

i5o,

1418.

p.

shate

per

;

&

Dec;

OfV 25

have declared

the

on

Like

17.

quarters

:;'v

Co., Inc.—Regular Dividend

directors

of

usual

were

paid

th's

year.

share

in: each

In addit.on

per

the- company

cents

disbursement

of

25

cents

to

the

Canadian

Tax

of

Army,

156,

the

record

of

Operating
Total

Sept. 30—

revenues

and

the

$24,503,777
20,304,700

Net: operating

Other

i n com e

v

$4,475,151

the

(51;

.

$4,199,073:

43,413

_

three

after

those

L_

Net

income

Dividends

_!_A—_!_——

on

preferred

1,986,947.

!—A__.cw—

—V.

■

156, p.

$2,411,617

784.

■■■ '"V

for

$3.10

income

30,

and

were

1942,

its

These

contracts,

of

with

is

as

The.

English

"Cost

...

Sell.;

the

a

ended

included

Sept.
and

30,

in

Brown

30,

1942,

dividend

stock*

15

$2,50,

par

w.th

compares

40

of

cents

share

per

payable Dec.

25

cents

d

pa

10

has

to

holders

Sept.

on

declared

been

of

record

last/and

10,

for the current year.
Payments during
March TO and June 10, 15 cents
each;
cent's

Sept.

10,

15

cents;—V.

156,

607.

p.

30

such

being

the

Other,

statement.

and

Dec.

\V;

Int.

;

its

include

$17,984

Prov.

Mfcklcberry's Food Products Co.—-Extra Dividend—
An

-

extra dividend

stock,

common

dend of

Nov,
20

10

27.

cents

cents

has

the

to

10

cents

155,

been

regular

botlv payable Dec.

with

1940.—V.

20,

share

per

addition

in

share,

per

compares

Dec.

cn

five

$1,

par

cents

This

.

of

12

paid

declared

semi-annual
holders of

to

June

on

2096.

p.

Gain
::

of

the

Pacific

court

current

large-scale

debtor-

to

MOP

holder of

System

direct
cash

investors'

Trustee

Guy

of

$72,-

balance

loan.

1942-Month—1941

1942—12 Mos.—1941

$8,227,152
4,960,571

6,031

557,062.

399,351

77,295

71,744

784,557

Prop, retire,

68,334

66,666

761.867T
795, QQQ.

...

res. approp.

Net oper.

revenues-

$90,983-

815,000

.

$111,586

$1,435,510

46

604

1,313

$90,990

$111,632

$1,436,114

$1,281,676

66,667

66,667

800,000

800,000

8,703

8,473

121,955

117,288

$15,620

$36,492

$514,159

$364,388

income

7

directly

Int,

mtge.

on

Co.

surplus.

amortized

*,!*

$1,280,363

income

preferred stock

month

to

indirectly

or

provisions

for

accumulated

stock

stock

declared

to

for

Nov.

on

outstanding

holders

March

476,599

1,540,864

6,

of

unpaid

to

Sept.

dividend

a

payment

30,

of

current

2,

share

a

addi¬
,

amounted" to

1942,

$1.50

Nov.

on

June

10

$3,237,756

1942,

12 Vz cents

10

25.

Sept.

and

dividend

a

value

par

Nov.

and

March

declared

17

$2.50

record

follows:

1,297,752

$1,261,792

$6

on

pre¬

Dividends

on

common

Similar

10,

last.

of

25

cents

stock,

Payments

Dec.

made

were

during

share

per

payable

distributions

1941

5
on

were

as

$2,286,128

.

Dr6,843

24,686

.10,419

91,382

$652,150

$1,286,4-79

$3,248,176

$2,377,503

10,

June

each.—V.

126,189

352,054

Total

419,286

oper.

Operating

ex-

312,225

inc.
mortgage
purchased

Cr42,211.

Crl53,154

Crlll,004

$1,163,443

$992,326
$0.74

each;
'

and

Sept.

10

and

:

,

v. ■■■*''

$1.23

1942—6 Mos.—1941

$5,926,840

2,986,206

1942—12 Mos.—1941

2,272,630

expenses

1

$13,362,076 $11,411,893

5,648,485

4,382,033

$1,653,614

$0.86

cents

698.

$7,038,001

revenue__V

Maintenance

Cr291,290

$268,251

25

—Earnings—
Period End. June 30—-

113,885

10,

156, p.

Monongahela West Penn Public Service Co. (& Subs.)

:

mtge.
&

the

for

156, p. 1330.

director!

the

on

general

income

$7,599

Mock, Judson, Voehrmger Co., Inc.—25-Cent Div.—
The

1942—9 Mos.—1941

12,001,900

j.;

of

cumulative.

are

^Deficit.—V.

$15,585,780

income

taxes

United

wholly-owned

13,049,426

(net),:—.

and

$319:523, after giving effect to

subsidiaries)

$17,828,046

$658,993

Federal

403,603.

$$39,220

$123,627 for the 12 months ended Sept. 30, 1942,
the amounts- required under the Revenue Act of 1941.

to

tDividends

to

4,273.860

opers,_

403,608

and

tional

costs

charges

__—■—_T_ii

$119,551

——

Balance

(Minn,)—Earnings—

1942—3 Mos.—1941

deduct,_

tDividends applicable to

1,. 1935;

Patent

by

bonds

int. ■; and

Net

are

prior

prior to Jan.

—

'

applies

remittances

Regulator

of,

and

Canadian

income—

Gross

ferred

.on

bonds

150,000

2,014\800 V

595,900

"Federal

""

:

.

____

divi¬

Other

net

incomeJ.

Earns: per com.

share,..

$0.20'

.

426,140

485,571

846,979

taxes____

871,100

331,100

1,398,000

576,100

__________

759,000

720,000

1,441,000

1,402,000
1,049,463

_________

inc.

taxes

Prov.

Consoh

and

Missouri

the

the

Corp.,

35,594

by

profits. taxes——. !

cess

.

record

last,

12,

J

the

on

the

asked

revenues

"Includes

out

capitalized

and

income

for

a

this

taxes

*Federal

sales.

Dollar

Instrument Co,

505,547

on

interest

at

5,344,769

the

to

amount

this

4,350,173

bonds ■?

■

,■

appeared

$8,936,898

Net

!___

sales

income

Total

the

it

440,951

1418.

p.

of

on

held

nine

$6,012,252

profit

repay

$696,978

of

follows:

as

cents;

■"'T'

■

This

total

a

were

Net

Alleghany

and
of

the RFC

Dec.

common

Nov; 27.

makes

1941

10,

the

on

to

petition,

a

to

$684,910
412,704

subsidiary,

for

subsidiaries

of

1942.

amortized

or

the

Canadian

$4,499.23

Sept.

covering

expense

Michigan Steel Tube Products Co.—15-Cent Dividend

the

part

•'

A

be

denied

directed

Corporation.

case

$5,514,714

admin.

use

Operating expenses

the

a!——!—!—

of

Moore

not

16

be

Finance

Mississippi Power & Light Co.—Earnings—

Other
subsidiaries

Minneapolis-Honeywell

are

156,

not

are

ended

of The

those

sales

Nov.

on

trustee

Judge

would

by

Period End. Sept. 30—^

Other

follows:

as

domestic

Pferiod End. Sept. 30—

Net

$2,273,444

•

to

Operating

528.

subsidiaries;-

1States
v

the

excess

1942,
has been
to the Revenue

material

war

English and Swedish

received

and

dates

(Including

120,000
;

Balance

contracts

Minnesota & Ontario Paper Co.

$2,393,444

120,000

H. Moore

that

loan

securities,

repay

this

2,015,239

.1'$2,531,617

stock—Ai__!,!—_

Sept.

$4,408,682'

$4,518,564

._■■

before

Other, taxes ————J

Law

months

costs

1933,

the

committee,

to

subject to review and possible renegotiation.

are

months

Patent,

is

now

Thompson., opposed the repayment on the grounds- it would
injure the reorganization plan now before the Circuit Court of
Appeals.
The plan already has been
approved by the Federal District Court.—
V. 156, p. 1777.

$2,022,260

$2.66

Federal"

ended

Corps.

Public

30,

and

operations.—V.
Grosjyincome

Interest and, other deductions

Air

Pacific

650,000

50,650

$1,802,701

$1.43

estimated

large

.either written off to,

were

209,605:

income-,

Sept.

being currently

;

has

Swedish

and

Moore,

30,

the " nine

for

Judge

by

Reconstruction

backed

reorganization

''

■

subsidiaries

ended

holders
the

of

petition,

Thompson

the Swedish subsidiary, $9,587.

and

Jan.- l,
.

\ '

of

repayment

Missouri

1942, the investment in and the net advance to
and Swedish subsidiaries of the company and its domestic

company

;

to

22,396,059

■

approved

Appeals.

Mr.

$1.03

Operations of the

months

1941

Till;

44,188

$917,982

months

403

Canadian

(4)

English1

$26;87I,210

___!

17,589

$696,742

Army

Sept.

English

$47,406,

:

1942

operating expenses and taxes—_____

ci

As

sales

12. Mos. End.

25,556

nine

contracts,

Section

(3)

Michigan Consolidated Gas Co.- -Earnings—
■

and

Navy

under

cents

1054.

p.

2,274,293.

for

company

'

the
three preceding1
quarterly, payment'
last, made an extra

29,

j

provision

.

The

(2)

•

25

holders

to

881,079

time

The

the

Act.

of

In his briefly-worded decision

_

subsidiary the tax provision for all periods shown was
the
Canadian
War
Tax
Act
and
the
Excess
Profits

upon

plan,

Court

estate.

_____

'

regular

Dec.

on

share.—V.

per

24

1,303,206

6,500,764

$4,263,204

will-be

based

Com. Stock

on

quarterly dividend of

stock,, payable Dec.

common

amounts

the

1,332,162

405,000

The

Circuit

Federal District Judge
George

621,900

for

with all'War

Merck

579,015

Pacific,

S.

by certain security
$23,134,800 loan to

in the third quarter of 1942 to give effect
1942, except that no credit has been taken for
post-war refunds
left for determination at the
year-end.
In the case of"

of

the

maturity of long-term notes.
tRnpresented by
1941)' no par .shares, stated value $1 per, share.—

in

taxes

vvhich

current

(31,732

525,341

$9,679,815

adjusted
Act

i;077,2501

$12,736,206 $15,183,672

■

The

'3,200

1,523.392

980,899

: Total

$1,919,586

period—

on

shares

Notes—(1); The

r»

profits

$4,224,141

oth, than

sh.

per

$9,625,716

$3,521,932

_______

for

Net: inc.

'

1,427,033

_

I...

1,571

37,492

profits "taxes..—
deductions '!_!!_

common

31,732
354,560

•i
"

3,200

—

2,880

51,218

pro,; taxes
est.
Fed. ex-

for

Earn,

part——

B

688

12,161

$1,906,737

U.

Repayment of RFC Loan Denied by Court—

inc. & cap.

taxes,

cess

3,913,996

—v

....

A

687

14,599

"55,385

4,011,409

.

$3,506,646

exc.

Other

hands of public,

Class

"Includes-

for est.

Prov.

293,000:

56,724

Corp.A—!—

Class

•

j
'

Long-term

Domestic

321,157'

245,000"

pref. stock of sub.;
Corp.;..——...—

opers.!

income

Fed:

$5,450,000*

•

cum.

on

Domestic- Finance

.'

$3,629,608

•

1942—9 Mos.—1941

income—

;

stock

"Notes' payable—__ L—L——1
Accounts payable and accrued expenses—i——

Missouri
the

Subsidiaries)

1942—3 Mos.~1941

earned

Miscellaneous

213,947

.W_—A $12,736,206 $15,183,672;;,

__

profit1 from

Interest

160,435

201,494

•

Net

272,899".

,

!

180,350

.

—!_s/.—,

(Including Domestic and Canadian
Period End. Sept. 30—

11,876,447;

9,369,337
fixtures

1867

Minneapolis-Honeywell Regulator Co.—Earnings—

1941

$2,659,943

$2,735,451
Other

FINANCIAL CHRONICLE

J

Sheet,

installment
Qffice furniture and
Deferred charges:

&

for

depl.

008,556

553,517

1,154,597

incom.e.__

$1,386,999

$1,564,022

$2,873,015

Dr 2,314

4,814

24,138

^334,685

$1,568,836

"720,500

720,525

$2,897,153
1,441,000

41,865

32,219

78,377

64,413

h~_

71,641

71,641

143,282

145,260

construe..

Cr29,225

C;'3,868

Cr49,175

<?r9;436"

depr.

Operating

&

Non-operab.ng

.

♦Deprec. & deplefc. chgd.

871,955

inc.

$3,130,315
31,876

r'

"

Middle West Corp.—To Pay 25-Cent Dividend—
directors on Nov. 18 declared
payable Dec. 15 to stockholders of
with

10

Dec;

22,

cents

:

'

:

June

on

and

1941,

1505.

P.

paid

initial

an

dividend

a

record

last;

15,
of

to

product

ditlons

The

20

25

of

25

Nov.

cents

This

30.

cents, each

cents

Dec.

on

15

Co.—Earnings—

1942—3 Mos.—1941

6

.

:

the

of

provision

so

Federal

of

98,154

: ; 120,020

310,906

Int.

V''v;

V;. 'i'

•

"

89

9,736;

204,951

239,746

Operating profit

$1,440,461

____

^7

Res.

V.

Net

OR

$3,720,164

iQft

:

QOD

"•

T^T. '

98,490

260,285

56,402

249,375

276,098

470,678

1,207,126

1,470,678

.

156,

of

Act

1942, and

the

present

wherein

pursuant

1680,

of

has

taxes

been

it

treated

has

which

to

328,157

the

1410.

.

..

Period End. Sept. 30r—

Operating

sh*.__Tii

V;
■'

$380,279
I '

$0.08

$621,853

$1,357,549

Nil

$3.00

$0.69

1942

Revenue

effect

No

Section

Act,.

The

rates

Act

been

has

403. of the

1942,,

certain

Federal; income

without

credit

for

and

under

of

1942—Month- -1941

Miscellaneous
Net

156,

refund.

war

the

2,9491291
1,894,582

465,851

June

1942,

118,405

846,400

the

rates.—V.

provisions

,1,

933,449

895,073

62,500

approp.

76,893
68,452

767;857

oper.

57i

571

7,123

6,886

$228,095

$320,634

$2,890,007
2,873

$3,311,637

_____—

•

,

Other, income

Gross

_——__1

Approprtation

Int.

on

income

specified

pr.ces'

in

56

1.027

1,142

—_—1

$229,122

$320,690,

$2,892,880

$3,312,779

Other

mtge., bonds.—...

132,254

133,054

1,591,318

1,601,134

5,857

78,364

Cr371

Crl3,182

to

deduct.

5,776

construct;

I

Cr2,359

•

Operating

Dividends

Purchased: power
Provision

for

Other

(from parent company.)
and

than:

835,200'

.

i;

casualties

773.975

1,569,164

insurance„__-;_Ti.ui't

1,235,546
V

343,475-

expenses______-i:L__-:«— 516,5494,511,472

operating expenses

f Taxes: other

Jv-T 1941.-

:—$11,968,543 $10,007,560

Administrative and., general
-

1942

and"

Maintenance

'

applicable to

$93,451

preferred

$182,150

income

taxes__j_____u___l_.
;

for

Federal

taxes

of

$56,968

for

.

$651,165.:

.

the

current

and

$250,139 for the twelve-months ended; Sept. 30, 1942, addi¬
tional
to; the
amounts
required under the Revenue Act of 1941.—
V. 156,- p. 1241. 1
: "
/"I ': .'-.i:,;;.;.
'i;"'',:-

A

1

83,000

:

1,504,780

dividend

of

85

cents

share

per

has been

declared

on

the

Net

operating revenues___l__
revenues

.t-

-

$1,164,623
: V

„

$867,261

Br37C>

stock, payable Dec. 18 to holders of record Nov. 23.
This is
the
only payment; during the current year, and compares with 25 cents
on Dec.
30, 194R and 60" cents on Oct. 16* 1941, or a total of
85

for

cents

last year.—V.

$1,164,247

$879,072

377,167

397,000

2,215*

_—______________

funded

on

1,373

debt_______—

Other

expense„_i_
interest. charges_A__—

Other

deductions-;

,.

<

"Net

1,052

income

for

tax

1,400

$782,813
for

"Provisions

income

■761

1,000

:

Federal

both

normal

periods

are

income

tax

adjusted

to

and

$478,538

.-

surtax

reflect

156,

and

pro¬

revenue

p.

1054.

nine

of

months

amended; by

visions
for

the

of

Federal

Increased

1942

the

on

the

Revenue

Revenue

normal

Act

income

basis

Act

of

of

1942,

tax

and

of

the

1941.

it

is

surtax

Internal

On'the

estimated
of

Revenue

basis

the

by

of

that'

Code,

the

pro¬

provisions

company

approximately $25,000 for the nine months
30,
1942.
No provision; has been made, or is required,
profits taxes in either period.—V. 156, p. 697;

Prov.

.for

Prov.

for

will

ended

general

other

&

for.

that

a

sufficient amount

of the

classes

Net income
Divs.




$4,399,231.

190,695

191,303
31,000

$3,857,679

2,120*632.

36,000

417,000

1,973,056
354,000

55,852

44,164

555,074

568,377

tax.

50,450

15,695

389,809

171,461

-—_1_

$95,235

deduct—!

$66,788

$916,715

$790,784

22,858

40,81L

289,071

496,734

I

on,

pfd.

_i_______

M $72,378

$25;976

$627,643

$294,051

stock_.^—

20,693

21,088

248,316

the

of

on-

the

may

cannot

months

approximately

required

which

which

six

ended

(& Subs.)

$174,000

over

basis- of. the

1942—Month—1941

157,285

a—

Prop,

retire,

1941

oper.

approp,I

Int.

Int,

2,097,060

1,889,369

$6*326,777

J9r261

Dr434-

$404,921

$5,455,535

155,051

156,501

1,866,848

44,125

44,125

529,495

49,309

39,840

547,208

529,495
477,578

Dr4,260

Cr 17,184

$2,507*724

$3,448,678

1,949

bonds-

to

deduct.!

construct.

$160,422
$164,455
applicable to preferred stock

Dr 7,233

$6,319,544.
1*880,977

957,534

957,534

„______$1,550,190'

Balance

$2,491,144

"Includes-

month

5,628,155

3,081,983
1,824,862

$5,455,969

Net income

/ '

$18,751,146

165,258

$408,907

and

chgd.

4,930,578
1,886,361

$405,182

debentures-

on

int.

1942—12 Mos-.—1941

$1,558,011 $20,165,251
480,526
5,795,283

176,245

income

mtge.

on

Interest
Other

,

$406,958

revenues

Other income (net)
Gross

"1

•

and deple

tion reserve

Net

'■

-Earnings—

155,125

taxes

V-

and

provisions for Federal taxes of $51,367 for the current
$852,613 for the twelve months ended Sept, 30, 1942, addi^

tional to the amounts required under, the Revenue Act of

1941,—V. 156t

1241.

*;

9 Mos. End.

Salaries

and

Approximate

Sept. 30—wages
paid——_
number

Taxes

other than

Motor

of employees.

coaches owned

Federal

Revenue

miles

Revenue

passengers

Number

of

income-

156,

$51,685

.

p..

.

•-*.■

Judge

George

trustee; to

Authorized

were

$4,888

$379,327

$40,989

Other

Payments Totaling $10,-

Texas

&

Mexico

bonds

of

the

1940

$2,142,356

1,853

1,717

$652:353

$525,263

$452,498

*

,

979

849

28,185,783

24,494,191

23,098,083

102,285,101

88,601,051

properties operated—
___________

27

$7 943,010

5,239,750

27

26

$5,739,042"

$5,012,018

4,176,790

3,771,723

652,480

566,240

505,140

$2,050,780

;

income——.

income

;i

$996,007

$735,155

H.

Moore

on

$6,579,762

(Gulf

on

the

on

18

Nov.

interest

Missouri

on,

authorized
three

Guy

A,

bond, issues.

Pacific, first

and

Lines), and $1,207,500
International-Great Northern.

on

first

securities

to

be

Issued

under

a

plan of

I
Federal

mortgage

reorganization

taxes

Amortization

of

income-

—

intangibles

for

the

Net income

Earnings"

—

-—-—

per

common

providing

for

and

A

class

share

dividends

stocks——

on

52,135

14,647

$1,048,142

"$749,802
44,944

26,247

51,316

1,478,700

349.300

10,017

———

on

deductions

refund¬

first mortgage bonds of New Orleans

Coast

for

251,536

$2,302,316

—

income

Miscellaneous

Payment had been opposed by the debtor railroad company, by the
Alleghany Corp. and representatives of some underlving bondholders.
Judge Moore directed the payment should be credited against, interest
new

1941

$2,322,527

2,201

147,349,367

Interest
Prov.

nay .*10:070.612

ing mortgage bonds,, $2,283,350

on

1942

$2,976,990

carried———

operating

Total

Thompson,

Subs.)-—Earnings—

operated———..

Depreciation

1241.

Missouri Pacific RR.—Interest

Federal

(&

1,071

Operating, income

Net

070,612 Authorized by Court-

of

National City Lines, Inc.

253,062

Balance
—V.

excess

having been deposited under or other¬
wise become subject to the plan, the plan of
reorganiza¬
tion, dated as* of May 1, 1942, has been declared opera¬
tive.—'V. 156, p. 1610.
'
: M
.

by

income,

on

amount
for

.i;-I' .IT?;'-';

Operating expenses—.

Sept;

securities

1942—12 Mos.—1941.

.

$348j949

taxes

inc.

Gross, income

Inf.

be

Minneapolis & St. Louis RR.—-Plan Operative—CoverColpitts,. reorganization manager of the company,

announce

been

'

Other taxes

v

$428,232-

depreciation-

Prov.. for Fed.

dale &

•Various

increased

have

taxes

the

accruals

349,760

p..

1942—Month—1941'

________

Operating expenses——

State

additional

for these taxes, made in Dec., 1941, applicable.to the respective
periods.
Provision for Federal taxes has been made for the first

30—'

Period End. Sept.
Gross

visions

as

$1,520,904

11,811

Mississippi Power Co.—

income

Grass

Amortization; of*, bond

and

tax

345,053

'

Interest

been

would

Federal

1942,

the

"Federal

common

paid
Non-operating

$1,010,101

516,818

Dividends

808:270

have

that

154,. p.' 153.

Mission Corp.—85-Cent Dividend Declared—

3',954,933

1 701,000
1,559,540

provisions

$763,191

$1,600,199

990,825

350,819

'

,

month

$1,641,990

$245,555

"Includes

428.976

767,521

Provision for estimated income. taxes_ll_i,—iu?
provision fc^.deftrteciatibnlliLTuti'LLi-—lr_T_T;

ir,.

I,

Period End. Sept. 30—

\

$1,236,380
990,825

stocks

Balance

Sept, 30—

revenues-

30,

amount

.

(& Subs.)-

510,803

$492,917

Operating revenues

Cr4,784

and

510,803

Operating expenses

74,439

int.-

int. chgd.

255,402

additional

Jan.

determined,

Montana Power Co.

revenues--

$1,273,994

707,143

limited-ternr

investments

Net

of

possible-resulting
962.

p.

80,325

of

to

219,287

Earnings—
Ended

anticipation

retroactive

278,238

Net income

Months

be

218,915

res.

9,315
$748,319

255,401

___

Balance

"Federal

(2»

and

Milwaukee Electric Ry. & Transport Co.

.'.12

dividends

be

Amort.> of

3,075
$576,469

presently

Prop, retire,

380

$321,068

Preferred

"In
12 Mos,—1941

1942-

'

•

deducts—

232,990

taxes

tax

income

69,442,315

___

'

sales

subcontracts

refund.ng of profits.—V.

or

post

on

1,441,050

.

'

based

were

National Defense

re-negot.ation

contracts

taxes

for

action

poss.ble

to

Supplemental

Sixth

providing

in.

but

given

government

reduction

for

provision

$3,162,191

&

360

$804,242

,

Notes—(1)

under

$868,644

revenues

Other taxes'

"After deducting cost of goods'sold, including
material, labor and
factory expense, but-exclusive of depreciation.:T ,»
'•

to

reor¬

properties were
non-taxable.—
T'"',"'. • •
\; '"i-"

Minnesota Power & Light Co.- -Earnings-

,

287,683

:

disct.

covenants

its

been

having

as

chgd.

Payments

the

newly-enacted
to give effect to recent action

as

so

company,

2186,

p.

profits

excess

provisions

Department

old company,

the

608; V. 155,;

p.

to

Int.

and

income

Operating expenses

$236,710

per com.

$2,437,128.

1AA

832,126

profit taxes v'/:,

profit

Earns,

Rfl

50,144

•;j 91,783

249,375

profit sharing
Est; prov; for Fed. Inc.
excess

r-.

84,449

for

&

$1,049,285

QD1

37,801

____,

Depreciation—

debt

of

expense

•

thniv'1
Other rfdrfnnt inno
deductions

debt

interest

Amort,

$851,314

,

funded

on

Other

.vh "v,'1

•.

$999,554

effect

Treasury

transferred: To

V. 353,6331

$2,748,034

'■:■

.■■

•

$252,939

.

for

give

the

$4,073,798

$1,169,305

to

as

Revenue

ganization

1942—9 Mos.—1941

,

$1,538,615

'

$361,506

156,

Federal

Steel Products

'■

-r:rf;
:

Note—The

Period End: Sept. 30—

■■■•;

Depletion

■

"Manufacturing profit_
Sell., gen. & admin, exp.

&

were:4

income

•

.

inven.)

•

adjusted

:Midland

Gross

ad-

(inc;

to

expenses

Depreciation

and

1940.—V.

2,

to

compares

June

on

share,

per

6,281

Cr4

37,693

37,240

37.322

$749,659

$604,006

$497,783

$2.77

$2.05-

$1.53

.

169,757

after
pref.

Federal taxes on income for 1942 is calcu¬
approximately equal the rates stated in the Revenue Act- of
1942, i. e,, normal and surtaxes 405e', excess profits taxes 90,<>.
Not*,—The

lated

to

provision for

Extra Dividend—
stock in addition.-to the

common

of

extra

payable Dec. 15

both

share,

per

cents

50

The

formerly Executive Vice-President, has been
elected
President.
Other officers elected are: W. F. Muth, Vice-:
President and Secretary; George N. Wright, Vice-President, and G. C.

each

share, was made on Nov.

per

per- share
per share

Period Ended Sept. 30—

Operating

before Fed.

expenses

Prov.

for

Net

1,300,000

Int.

$958,434

$1,127,82$

1,334,698

1,335,701

1,334,698

Int.

$0:25

$0.72

$0.84

500,000

$377,435

$340,941

1,335,701

2,921.162

profit
of

Shares,

Earnings

•

stock.

com.

1942

of

income

3,034,974

2,536,558:

$321,950

$4,662,550

$5,059,512
2,471.

$411,798

$322,177

167,512

(net)——

170,848
'22,354

income

mtge. bonds—
and deriUGts.

on-

income

Dividends

on the-basis of the-1942 Revenue-Acti
applicability of its relief provisions.
30,-1942; were $15,290,653,
over the corresponding period of
1941.—V. 156,

"•

Cr.4,856'

,

227

3,453

2,043,740
292,624

' Cr.34,568
$2,364,207

43%

'

1506.

"Includes

!

of

taxes

for

$71,600

the

The

National Malleable & Steel Castings
directors

The

the

on

no

Nov.
June

20

March

Sept.

and

and June

22

156,

cents.—V.

75

declared a dividend of 25 cents per sharestock, payable Dec. 12 to holders of record
were made on this issue on March 21,
5, last.
Payments during 1941 were as follows:
7, 25 cents each; Sept. 6, 50 cents, and Dec. 27,

St;

&

Louis

it

Dec. 30,

The

announced

Nov.

SEC

able

for distribution

31,

for

redemption

order

at any time on or after Dec.

Twelve Months Ended Sept.

The

adjust¬

Interest

to

Carolina,
V.

must make accounting

subsidiaries,

Light Co.,

&

156.

1777.

p.

On

Nov.

National Transit Co.—Year-End Dividend—

1942—Month—1941

Period End. Sept. 30—

$777,862

$9,608,883

Operating, expenses

335,981

333,746

4,323,076

♦Federal

150,926

81,678

„

76,706

71,329

883,624

60,900

56,600

$8,976,513
3,872,112

1,448,186

717,500

taxes

Other taxes

—.

Prop, retire, res. approp.
Amort, of limited-term
1

investments

:

Net

revenues—

oper.

Other income

Int.

Int.

chgd.

Net

20

1,326

3,210

$233,744

$2,228,401

$2,769,915

income

cost of

required

the

under

Revenue

Act

—V,

156,

President,

p.

died

on

Nov.

at

Rochester,

N.

Y.

1691.

week

Electric Association—Output—

ended Nov.

kwh.

This

New England Power
Total
of

the

ended

production

England
7,

1942

Association—Output Up 1.86%—

kilowatt hours,

in

New
Nov.

Power

(the

both

Association

amount

and

available

generated

and purchased,

subsidiaries
for

New

utilities),
week

ended

Output
a

was

Nov.

for the

decrease

year.—V.

61,671,921

of

156,

8,

p.

1941.

an

preceding

2.14%

as

compared

as

with 60,547,144
increase of 1.86%.

week

ended Oct.

compared

1777,




with

the

31,

1942,

for

the

England

Assoc:ation and other reporting companies and secondary

week
Power

a

to

V.

directors

and

16

156,

have

declared

15,

Sept.

37V2

week

last

Co.
-a.

intercompany

directors

Edison

Co.,

V.

(see

the

of

shares

and

16

156,

remaining

(balance

holders
stock

of

Common

stock

of

based

capitalization, $16,250,000,
and fixed the present

Dividend-—

after

provided

as

Kansas

in

Power

distributions to depart (1) of plan).,

-■

"

.

:

.

&

Power/Ca._——

"
"

312,478

300,000

Illinois

Iowa

--

application

:

15,

Dec.
•

87Va

cents.—

A

dividend of 12'/2

cents per share has been declared on

last

and 12'/2 cents

year,

North Texas Co.

Payable in

Other

dividend

a

on

the common stock,

610).
dividend

Edison

35

on

cents

the

stock,
for

American's

shares,

or

is

but,

lieu thereof,

in

l/50th of

market

holdings

4.75%

of

cash will be paid

share of Detroit Edison

a

price of approximately

of Detroit

the

$17.50 per

total

stock

Edison

now

shares issued and

6,361,300

mately 147,000 shares, or 2.3%.
company

stock

is

explains
not

a

rate

of 75

5%%

10.

the

that

distribution

dividend
out

of

in

North

the

form

American's

of Detroit
capital or

partial liquidating dividend.
The
the books of the company to its earned surplus.
cents

series

a

a

share

were

on
on

1,058,247

774,551

27,238

18,336

282,239

218,582

38,922

10,165

260,162

14,188

203,666

151,589

$30,245

$473,377

$320,866

excess

taxes

:.

taxes

$52,250

25,160

204

1,313

2,103

$30,449

$474,689

$322,969

13,304

(net)

11,488

147,290

140,574

15

—

.%

income

$52,274'
"

Gross
Int.

on

Int.

on

$38,970

$18,961

$327,399

$182,395

fixed—

2,096

2,545

27,199

31,672

notes—

1,079

998-

income
coll.

first

bonds—3%

equip,

lien
12,579

12,420

$287,620

$138,303

28,562

31.744

'

each

current

$2,277,692

67,060

$244,764

—

and

inc.

Gross

1942—12 Mos.—1941
$1,490,748

$139,994

107,406.

18,939:

Maintenance

profits

July 1, 1941.—V. 156, p. 785.

.1942—Month—1941

—

Depreciation

declared

the capital

(& Subs.)—Earnings—

revenues

OperationFederal

on

Operating income

.

Dividend

Dividend

North Central Texas Oil Co., Inc.—12%-Cent
-

Operating

amount to
out¬
standing.
If this dividend is approved and paid; The North American
Co. will have reduced its holdings in the Detroit company to approxi¬

Dec.

; •

the tol-.,

rata

stock, payable Dec. 16 to holders of record Dec. 2. A' similar distribu¬
tion was made on July 1, last, as compared with 17Va cents on Dec. 16,

the $50

the

6%

par

dividend

value preferred stock at
717/s. cents a share

series and

declared payable Jan.

2

to holders of record
• •
<

$35,795

Balance

Int.

on

coll.

1st

lien

$15,418

bonds—3%;. income_

$106,559
-V.

156, p, 1332.

Northeastern Water &, Electric Corp.—Stock Sale

Ap¬

proved—
The

North

302,000

the

pro

states that, the face4 amount, of the outstanding
debentures plus the liquidating value of the preferred stock, including
accrued dividends, is approximately $37,000,000 and the current value
of the assets Is materially less than this amount, so that there will
be no assets remaining, for distribution, to holders; of common stock.—
V. 156, p. 1692.;
The

share.

on

-4

>

-

stockholders-

warrants....———-

stock

Common

.

p.

of this
Exchange

Detroit

rate

the

the

of- $256;786.,s

——_

subject to the approval of the
Commission and, if so approved, it will be
payable to common stockholders of record Dec. 5 at the rate of one
share of Detroit Edison stock on each 50 shares of North American
common
stock held.
No
certificates will be issued for fractions of
payment

The

profit

2,688,388

3,985,000;

$5,623,500 *$3,791,211

Light Co.—1,050,000 shares
Common stock of Northern Natural Gas Co
291,270
"

in the form of shares of capital stock of The Detroit
the same manner as the dividends paid in the last

in

quarters

Nov.

on

payable Dec. 30

Edison

$9V608,500> $6,479,611'

-

benture

Detroit Edison Co. Stock—

stock,

in

acquired the debentures as follows:
Par Value
Cost

to 'the* preferred-

distribute

To

said

sale* ot

7'

7

*

American

Other income

Regular quarterly dividends

61,121,088,

(2)

for $3,423,500.

the

the..debentures as. payment

remaining'-

"Includes

Cash

New York. Life Insurance

and
' -

each;

cents
•

is charged on

the

,

1

year-end

Co.—Common

American

kwh.
was

.

,

a

1611.

p.

North

at

from

•

Balance

dividend of 62,V2 cents per
share on the capital stock, payable Dec. 15 to holders of record Nov. 27.
Payments of 371/2 cents each were made on March 16, June 15 and
Sept.'15, last. Disbursements during 1941 were as. follows: March 15,
June

holders^of

the

to

♦'

Common

.

realized

Redeemed by Light & Power.—;

I'

in stock.

capital surplus, and is not

for

same.

be

cash, in the amount of $2,200,000 and transfer

Purchased

saying they held 30%
outstanding bonds, proposed the issuance of $9,000,000

sales to other

corresponding

for the

securities

North

cannot

sum

pay

Period End. Sept. 30—

Securities

13, this Association reports electric output
is an increase of 922,999 kwh., or 8.42%,
above
production of 10,966,502 kwh. for the corresponding week a
year
ago..
[The increased electric output reflects more industrial
usage on Nov. 11, 1942, than on Nov. 11, 1941.]
Gas output for the Nov, 13 week is reported at 120,223,000 cu. ft.,
an
increase of 11,047,000, or 10.12%, above production of 109,176,000
cu.
ft. in the corresponding week a year ago.—V.
156, p. 1777.
11,889,501

for

stock of Missouri Power & Light Co.,

reproduction plus other assets of $19,526,577.

The

For- the

amended,

above

The

such

then to

full

Federal District
proposal for reorganization of' the

of America,

preferred- stock and-75,000
ami 63.980

for said 3,298- shares of

common

case

the

companies' plan calls for a terminal first mortgage,
consolidated first mortgage, 4%, $3,000,000; general
4V2%
income
bonds,
$4,000,000;
5%
preferred, stock,
$3,000,000, and common stock, $4,250,000.
The road, incorporated in 1893 and operated independently until it
was
taken over by the Erie system in 1897, has been operated by a
reorganization trustee, Walter Kidde, since 1937.
A reorganization
plan filed on April 20, 1938, was not carried out.—V. 156, p. 1611.

six

New England Gas &
Of

as

In

(C)

securities,

$2,000,000;

The

9

By offering

$4,544,553

mortgage,

Neisner Brothers, Inc.—Obituary—
Neisner,

(b)

'

shares of the common stock of Northern Natural Gas Co.

insurance

The

The

has been
1942.
The

M.

•

$3,739,583

Newmont Mining Corp.—Year-End

$100)

Joseph

a

4%,

1242.

reduced from $100 to $92.50 per share, effective
Nov. 15,
statement also says that principal underwriters
will grant concessions to dealers constituting the selling group of $6
per share.
The principal underwriters have also discontinued stabiliz¬
ing the price of such shares.—V. 152, p. 1599.
(par

J.,

the. principal amount

By use of available cash to,the extent of $2,200,000.

shares of the

;•

presented

v*'■

'

19,274

1941.—V.

of

7"7y

the outstanding debentures in

off

pay

$5,623,500, as follows:

64,464

.

present bond indebtedness of $16,030,271,

113,011

$1,210,733

fact and law),-which may

of

(a)

Western RR.—New Plan

&

They compared the total of their planned

Cr5,429

company has filed an amended prospectus with the
SEC in
the public offering price of its 5% cumulative preferred stock

which

N.

and $7,250,000

bonds

in

Cr39,821

$696,342

—

subject to determination of various claims
have an effect on
assets-available-therefor,; the following plan of dis¬
proposes,

■

To

——_*

64,464

1940

.

companies

insurance

carrier's

of the

Crl,224

J

of

amount

(l)
of

Crl4,261

•

public

questions

tribution:

and the Mutual Benefit Life Insurance Co.,

Co.,

742,500

Neiman-Marcus Co.—Prospectus Amended—
The

:•

13,

210,000

$1,709,833
499,100

amounts

'

Co.

120,280

$1,195,442
499,100

the

to

Act of

tax

profits

Nov.

742,500

provisions for Federal taxes of $32,450 for the current
month and $233,033 for the twelve "months ended Sept, 30, 1942, addi¬
p.

the

Co.-

American

35,467

..

Susquehanna

Newark,

210,000

♦Includes

156,

road

8,848

_

Cr98,472
———..

by Jan. 1, 1944.
Prudential Insurance

Court,

17,500

:

1,780

deductions

excess

•

life

Three

Cr522

Balance

tional

the

York

New

61,875

applicable to preferred stocks———

Dividends

73,927

Cr23,684

^—

Offered—-

9,011

$146,745

23,773
Cr29.829

expense.

the

by

$31,651,340 * .
6,288,059 shares
5,327,067
"
960,992. ■"'/

—

value.

par

North

Light & Power

(involving

107,199

—

Held

$1

The

lowing;-

with

$117,014

50,127
111,968

stock,

by

of

as

$5,623,000
109,255 shares
84,925
"
»
$19,418,000,.
:X <
12,233,340 s
■ ,

;—

-—

stock

preferred

Held

period and $1,020,000 in previous
period was appropriated for construction and/or, bond acquisitions in
accordance with orders of the Public Service Commission.
Note—Dividends on the corporation's preferred stock amounted to
$612,010.17 in the current period and $421,606.45 in the- previous,
period.—V. 156, p. 516.
,
■

17,500

—

Total

2,302,505
41,894

to construction

charged

under

61,875

construct.

to

$2,766,705

17

deduct—

and

$2,227,075

$233,724

9,570

$204,878

bondsv

deb.

on

int.

Other

$204,861

•

_——

mtge. bonds

on

Interest

831,133
829,493
667,500

9,422

785

-—

income

Gross

790

1,894,459

—*——

Liquidating value of preferred stock*.,—,———,. arrears to end of
1942 at; $63'per'share

$7,117,651

interest—.—:

on

The

——

22,547

_

debt—

1942—12 Mos.—1941

$830,164

„„

Dividend

periods covered by this statement.
tOf which $1,380,000 in current

Nebraska Power Co.—EarningsOperating revenues

1,887,851
609,692
2,802,734

lfv 1942,
is based on an anticipated 1942 tax rate of 40%.
The corporation
does not consider that it has any liability for Federal excess profits

15,
1941, both dates inclusive.—V. 155, p. 1841.

1939, to and incl. June 16,

by North American Co.—T—,,

♦Provision for Federal income tax for the period from Jan.

15, 1941, and 50 cents each six months from Dec.

Dec.

60 cents on

by public investors————

owned

•

tax,

:
A year-end. dividend of 75 cents per share has been declared on the
capital stock, par $12.50 per share,- payable Dec. 15 to holders of
record, Nov.'30.
This compares with 50 cents paid on June 115, last,

owned

Co., principal amount

,

$7,052,642
65,009

—j'

income

tNet

V

.

stock
stock

1,464

and

on

income

company

outstanding

have

American,

Preferred

$5,793,004

——:

amortization

$7,009,693

7. 1942,,. the

will

Preferred

—

—.

discount

premium

Miscellaneous

$6,080,451 $76,218,942 $58,677,046
had 959 stores in operation, as com¬
pared with 1,034 a year earlier.—V. 156, p. 1777.
1.

Sales

debt

of

Miscellaneous

1942—44 Wks.—1941

1942—4 Wks.—1941

Co.

1,650,199'

$5,770,457

—_:

charges—_

-

assumed

Interest

Higher—

National Tea Co.—Sales Continue
Period End. Nov. 7—

,

(net)—,
—_;

of

Amortization

-

Power

8,031,765
5,421,139

2,970,065

;

bonds
miscellaneous long-term debt

on

&

all owned by The North

1,817,965
taxes.

mortgage

on

Amortization

15, 1943.—

Taxes
■'

income

interest

Other

Birmingham, by Dec. 15;

1,. and Lehigh and Pennsylvania, by Feb.

by Jan.

income

L.

income

Interest

comply with the Holding Company AcL

.

amendments must be made as follows:

Federai

income

other

Total

Light

following securities:

the

142,

debentures,

Common

Operating

Gross

Power

American

31,

5'/a %

(depreciation) of prop¬

equipment.

and

for

debt and reacquired

plan stating the extent and manner in which Birmingham Electric Co.,
& Light Co., Lehigh Valley Transit Co.> and Pennsyl¬

The

Dec.

8,668,545
5,883,074

;

for other taxes—

Provision

Carolina- Power
ments

Common

Co.——

1,412,730

:

for resale——

purchased

gas

plant

erty,

♦Provision

part of its preferred stock for cancellation.
The SEC stipulated that National file amendments to its liquidation

vania

Common

Common

& Light

Missouri Power

1,760,783

and

Provision for retirement

for the nine-month period

of

definite," although National has retired most of its

___

expenses

Electricity

Aug.

details

—$2,501,031
3,298 shares
75,000 ,"
stock, The Kansas Power & Light; Co.—,
1,050,000' "
stock, Northern Natural Gas Co.—
355,250: "
stock, Illinois Iowa Power Co.—
312,478
stock warrants Illinois Iowa Power Co
300,000 "*
stock, Missouri Power & Light Co.".

stock,

Common

1942
1941
$28,283,619 $27,456,023

30—

revenues—

Maintenance

31,. 1943, showing nature and source of monthly income,
monthly expenses, • and all deductions.
SEG termed a company liquidation plan filed last May "in¬

ending

operating

Operating

granted the company another year to comply
August, 1941.
on condition that National file an estimate

11

granted

corporate income and surplus statements

of

Common

Corp.—Earnings—

Co. as of

(estimated)

Preferred

1 and receive the amount

by Light .& Power and Illinois Traction

1942, the following:

North

Light Co.—Gets Another Year for

dissolution, order of
was.

Cash

at

30, 1942.
at their option;

may,

principal and interest to Dec, 30, it was stated.—V. 156, p. 1691.

Total

Nov.

on

SEC

an.

and

:

.

been

Dec,

on

1506.

p.

National Power &

The

redeem

will

18,

$30,917.

further states that when all of the above transactions
accomplished it is estimated that there will be avail¬

plan

have

pay

was

debentures called

of the

surrender them

of

be approximately

to

of their principal amount, with accrued interest to Dec.

Holders

Dissolution—
The

Redeem

shall

New York State Electric & Gas

with

RR.—To

to

next, at, the Manufacturers Trust Co., New York City,

company,

on

100%-

common

par

Chicago

$2,000,000 principal amount of its 6% debentures due June 1, 1950.
The debentures, which are to be drawn by lot, will be redeemed

18

Nov.

on

off,

Co.—25-Cent Div.

Similar distributions

28.

preferred stock of Illinois Traction Co.; and-for Illinois Traction
turn over to Light & Power its residual cash assets estimated,

held

$2,000,000 6% Debentures—

436.

p.

York,

New

initial dividend of $2.50 per share
payable Dec. 15 to holders of record Nov. 20,

stock,

common

143,

of publicly-

market, netting approximately'$343,220,'to retire 210 shares

....

Co.

declared an

have

directors

The

—V.

10,

.

current,

the

to

$300,000; for Western Illinois Ice- Cos to sell ."its physical property for
approximately $250,000 in cash,; for Cahokia: Manufacturers Gas Co.'
to sell its physical properties to-Illinois Iowa4 Power Co. for approxi-'
mately $20,000, for Light & Power to seil itS preferred stock holdings,
(and dividend arrears certificates)
Of-Illinois Iowa Power Co.* at the

$2,124,705

$1,819,621

National-Erie Co.—Initial Dividend—
on

&

& Power proposes: to file' additional applications (designated:
inclusive) which will request-authority, for Illinois, Traction
in Kowariee-Public Service CoUfor approximately,

Light
5

1942, addi¬
under the Revenue Act of 1941.—V. 156,

1331.

p.

inclusive* aU. of which .have been .approved,

1; to. 4,

Co. to sell its; interest

twelve months ended Sept; 30,

tional to the amounts required

/

a-

subsidiary of Light & Powert'-and; for the -sale of: Light & Power's 50%
interest in Blue River Power Cm bd The Kansas Power & Light Co. '.'
':

544,586

554,586.-

—

Federal

for

and $608,600 for the

month

'

provisions

Ad¬

Power Co.—Gives SEC

Securities Co. (a subsidiary, of Light & Power)*, for the retire-;
ment of Light & Power's publicly-hCId debentures; • for. the- sale- of the
assets and dissolution of The McPherson Oil.& Gas Development Co. (a-

$2,669,291

stock—„

——1

Balance

.

v

by the Commission and which provided, for* the*dissolution of Power

—

$128,975

preferred

company,

Applications. Nos.

$5,061,983
2,098,484
294,208

$4,666,003

— _

$228,487

—

applicable-to

1778...

p.

Light

20,655

construe.'

chgd.. to

Net

-

profits taxes for the-nine months

excess

the

to

of

increase

an

.

sales for the nine months ended Sept.

Net

p.

.

156,

subsidiary of the North American Co.,. on Nov. 13
filed with the SEC additional proposals looking, to, complete-dissolution
of the-company as ordered bythe Commission.:.i "7
' '
"7
It is recited, in the plan, that Light & Power-has heretofore filed;
The

-

1,597,654

2,792,164

100,066

provided

been

have

and

income

regard

without

$0.28

share.

per

Note—Federal

The- com¬

-

ditional Dissolution Proposals—

2,819,196

350,024

-$411,661
137

revenues—,,

oper,

Other

2,718,000

1,068,000

233,965

250,905

Otner int.

Net

:

from! $70,000,000 to $39,325,000.

outstanding

North American Light &

.

264,164
244,049

taxes

Gross

prof. taxes—

excess

1

1942—9 Mos.—1941.
$3,676,434 $2,427,824

&

inc.

Fed.

,.

pany's. debenture retirement program/, has been effected in part with
cash
retained
through the; payment, Of quarterly dividends on its.
common
stock in the form-of, shares of. utilities in which it1 has

$1,832,126 $23,789,406 $21,454,807
826,121
10,378,556
9,441,887.

.

Prop, retir. res. approp.

subsidiaries)

1942—3 Mos.—1941,
$1,445,435
$840,941

taxes

•"

redemption the: company will have retired $30,675,000
indebtedness since April 15, 1941,. thereby reducing'

this

debenture

its

the* amount

1942—12 Mos.—1941

1942—Month—1941

■

♦Federal taxes

Co.—Earnings—

(Including domestic
Period End, Sept. 30—

1942, at

..

,

of 3% %"• debentures were called for
102 W and int.- Payment will-be'madeTrust,Co., .trustee; 70 Broadway, N; Y. •

$3,000,000

Service Inc;—Earnings—

$2,009,457
838,678

revenues

Operating

of

holders
435.

Other

Profit

*

..

niter

of

1, 1937.—V. 156, p. 609.

Orleans Public

New

extra dividend of 5 cents
in addition to the usual quarterly dividend of 10 cents
on, tue
common stock, par $5, both payable Nov. 30; to
record Nov. 14.
No extra was declared in 1941.—-V. 154, p;

National Cylinder Gas

City.

dividend of $3.25 per share on
6,/js% cumulative preferred stock,

investments,—V.

Distribution—

haye declared, an

directors

a

the

on

said

Dec. 21,

on

at the-Central Hanover Bank &,

.

National Brush Co.—Extra
The

paid

2

accumulations

of

the

20

Nov.

.

$100, to holders of record Oct. 27.
This compares with $1.621/a
paid on Feb. 10, May 1 and Aug. 1. last, and on Dec. 16 and
30, 1941.
The previous payment, a regular quarterly of $1.62 ft

par

Dec,

156, p. 434.

Hlllard, Controller.—V.

Nov.

on

company

account

Schmeller,

L.

-

On

..

Presidcntr announced,7Voted- to redeem before the end:
total of IJ.OOOiOOOyoutstanding' 3%%/debentures-, due in';
....
.--•••
-.'
'■

a

year

1954.

Co.—Pays Accrued Dividend—

New Haven Clock

Co.—New

PresidentJohn

this

of

redemption

Foundry

Aluminum

&

Bronze

National

on

% Debentures—
.•
-'current;-TdiVtdei^;''fke.cla.'i!Ation;: the "directors,

Edward L. Shea;

1942, and $1.75 per share in preceding

June 30,
quarters.—V. 156, p. 1506.
with $1.50

pared

compared

as

17

Nov.

on

the

Coincident; with-

declared: a dividend' of $1.25 per share
on, the
capital- stock, par $100, payable Dec. 31 to holders of record
Dec.
10.
A similar distribution was made on Sept.' 30, last, as com¬
directors

The

usual, quarterly dividend of 25 cents
to holders of record Nov. 28. An

-aid on Dec. 15, last year,
20,.. 1940.—V. 156, p. 1610.

also

was

25 cents extra on Dec.

with

To Redeem $3,000,000 of 3 %

England Telephone & Telegraph Co.—Dividend—

New

'

•

cents per share has been declared on the

dividend'of 50

extra

An

Monday;:November 23, 1942

FINANCIAL CHRONICLE

THE COMMERCIAL dt

1868

the

sale of

155,747 common? shares of the company,

Associated

Penn-Jersey
SEC.

The

Gas

Water

SEC

&

Co.

stated

Electric

for

Corp.,

$3,224,665

that $2,000,000

to
was

John

H.

a

Ware

subsidiary of
Jr. and the

authorized Nov.

13

by the
be

of the purchase, price might

notes.
Mr. Ware is President of Penn-Jersey
Water and the Delaware Valley Utilities Co.—V. 156, p. 1611.

issued

in

promissory

Northern

Paper Mills, Green Bay, Wis.—Sells Bonds

Privately—The company has sold privately to three in¬
surance companies a new issue, of $1,500,000 first mort¬
gage
from

serial klk% bonds,, series A, due $150,000 each year
Nov. 1, 1948, to Nov. 1, 1957,; inclusive.
In con-

Volume

nection

Number 4127

156

with

;THE COMMERCIAL & FINANCIAL CHRONICLE

:

meats.

this

financing the company's term bank
loans have;also been increased to.-an aggregate amount

'of

and

$640,000, duOin quarterly* instalments of $32,000 each
1, 1943, to Nov; 1, 1947, inclusive. was" arranged through Harris,

The .financing

,

stated

who

that

the

would

company

the

use

Hall

&

proceeds

to

redeem

were

July 1

1,

and

Oct.

1,

that

the

reduced

to

from

$1

company, It

is

firming
of

16

signed

reorganization plan under which the
would be acquired by the Erie RR.

a

21

order

an

1899

the

under

tracks

had

Erie

lease.

a

been

running

miles

Power

&

of

tracks

The

extend

from

Hudson

Operating,

N.

Under

the

payments,
.The

revenues—

expenses

Other

J.,

Sparkhill, N. Y.

to

reorganization plan new securities of the Erie, plus cash
be issued to Northern stockholders and bondholders.

thai

directed

has

the

take

exchange

""

,,

place not
V \

later

Net

)

output

,

ended

week

Nov.

of

•

Northern* States

Power

Co.

system

14, 1942, totaled 38,241,000 -kwh,,-as
for the correspondihg week "last year,

kwli.
4.6%—V. 156, p.

'36,566,000

the

1778.

•

■

/•;-;/

for

compared

^ * • *

Northwestern
"Total ;oper.

i

Public

-Period End. Sept. 30—

.

SOper.

tPederal

..$684,765

revenues. „

&

exps.

taxes.^

income

Service

taxes.

taxes

come

2,199,807

147,132

80,640

Net

18,730

..operating, income

Other

income

(net)

Gross income
Total

stock

$147,173

71,240

:

78,114

67,027

301,689

sold

were

the

to

Consumers'

were approximately. $357,000. for. 1941

;1T94£ Federal income taxes

the

Revenue

vto

Act of

additional

income
not

had

for

which

discount,

'the'refinancing in
credited

;

taxes

had

Power

District

to

1940-of

for

7,-1941)..

n.

have

been

call premium

and

payable

in

purposes

long-term-debt.

1940

company

amounts

'-v*-*'

.accrued

The

interest.-

!

sought

SEC

Cr430

$726,573

$821,707

458,478

458,478

companies

by

to

form

Edison

Associated

"

,

approval

excess

April

$268,095

Corp.

Utilities

due Dec.

18,

will

1942,

NY

PA

to

for

,

1942,

30,

consolidated

acquired

*

with

payable

40

cents

19

.

a

NJ,

cents

holders

paid

cents,

it

to

money

156,

of

Dec.

on

Ohio Cities Water Corp.
12 Mos. End.

consolidated

was

net

total

20,

Sept. 30—

* -

profits

Nov.

1939;

$391,448

pay

$1,000,000

a

trustee's

for

able

held

Mines

directors

Dec.

15

75

.

by

United
cents

cents
Feb.

1942

•

;

taxes--

\

'

current

reduced

,

186.613

26,165

income

%

by

each

from

18

funds

15,

52,230

Dec.

45,080

; *

Years End. Sept. 30—

'

[',

•

"Y

declared
of

72

$32,183

•

made

rate

Aug.

on

75

Nov,

stock,
has

/'Y.

"

v

-

1942

|

1941

r-

v*

cents

156,

5s.

in
A

payable
been

per

share

156,

p.

5.—V.

the

on

common

similar

with

1941

'

...

■

.

.

„

*

.

,

dividend df 73 cents .per share,
mon

stock,

Nov.

3,

as

paid

was

on

Nov,

20

"previously reported).

to

V.

recently
holders

156, p.

,

12 Mos. End.-Sept. 30— ;. >:
Gross operating revenue._^___i
..

of

record

''

>

and

of

the

on

Nov.

30,

of

Inc.,

,

..

interest,, discount & other income

.deductions

:

;

Net Income

i

before proV;

for

Provision

Federal

-

for Federal inc. taxes

income

taxes__'__

&

of

1.941

...

minor.; int.

15,

213,889

48,439,696

43,959,764
*

.

.

*

share*-pay¬

36.838.405

declared

12

against

as

and

on

preferred

Dividends

earnings—HV-JJ'

:

1,641

on

common

stock_____
stock

1

Earnings
-—v.

50

per

i56„.p.

common

share——1J

v

Value

of

1,973

8,330,434

7,914,683

12,522,548

12,522,548

.

Stock

Preferred Shareholders—.
."

$2.20

,....,,

;^,

thevdeclaration

of

an

A

'

y

,

$7

pay¬

the

date

the

reor¬

when

1943,

1,

not

of

2039,

consolidated

mortgage

amount

sufficient

to

an

exceeding the

and

income

from

the

due.—V.

interest

bonds

156,

face

amount

of

due

coupons

and

presented

the

Jan,

to

the

1779.

p.

$1

12,

last,

5,

oper. &

of

U.

S.

District

Court

at

Phila¬

hearing to determine whether

a

and

declared

$3,

amended

dividend

a

payable

like

Dec.

amounts

with

June 12, Sept.

25

cents

of

12

by

each

12 and Dec.

10

the

company

cents

of

March

on

record

June

on

share

per

holders

to

made

were

12

and

1942,

12,

12, 1941.—V. 156,

1508.

p.

1942—12 Mos—1941

$12,199,921 $11,760,224 $50,829,827 $42,465,523

and

oper.

.

etc.

9,962,600

9,651,308

42,184,617

35,943,130

$2,237,322

exp.,

$2,108,916

$8,645,210

$6,522,394

97,063

126,831

434,245

638,249

1,006,756

850,779

3,895,534

3,048,919

457,148

227,019

1,505,542

541,858

Cr91

Cr890

2,335

32,554

24,064

120,499

65,786

54

79

192

262

$643,747

profit

debt

$880,234

$2,690,088

$2,224,986

discount

U.

S.

for income

&

State

Minor,

share

Dec.

Can.

income

Declar,

val.

paid

dividend

"

-

prof,

exc.

&

provin. inc.—
inter, in subsid.

Net

on

profit

.

—j_

Notes—(1)
Canadian

cents,

taxes—

normal*

M-i;

1.

including

were

liquidating

1942—3 Mos—1941

other inc.

sales,

Provision

:.)

per

and

50

17
par

compared

as

March 26,

of

of

June

record

each

par

Nov.

stock,

on
long term debt
Deplet., deprec. & amor.

1508.

p.

the
for

9,

1942,

Int.

on

[',

75 .cents
of

of

Dec.

m.,

-

cents;

since

dividend

15

/

of

'

payable

Net

profits

subsidiaries.

for

the respective periods include profits of
Federal Income taxes for the nine months

(2)

Sept.

30, 1942, have been accrued at the rate of 45%;
No
provision has been made for any possible
liability for excess profits
taxes
for
the
year
1942
under
Chapter 2, sub-Chapter E of the
Internal Revenue
Code.—V.
156, p. 1155.

All

Dec.

of

25

cents

holders

to

of

record

15,

10

last

cents

year,

Nov.

102

18.

the

compared

26,

of

the outstanding $1,108,500 1st lien and ref.
mortgage 5% gold
series A, have been called for redemption on Jan.
13, 1943 at
interest.
Bondholders may receive immediate
payment at
full redemption price at the Bankers Trust

'bonds,

share

per

as

Dec.

on

:

been

declared

preferred

and

Co.,

•St.,

1939.—

June

on

March

15

13,

$1.50; Oct.

and

1942.

1, $1,

series

28.

Sept.

account

on

stock,

to holders of record Nov.

on

June 5,

has

cumulative

made

were

y

share

per

the

75,. cents

New

a

1*.

of

York

City.—V.

-

-

.

dividend

"

of

^

Payments

as

no

and

3gold

V.

15,

$2;

p.

156,

$1.50—V.

15,

1941
156,

Provision

admin,
other

&

$1.75

1333.

Other

for

bad

share

per

has

June

1942,

13,

to

been

declared

holders

of

June

on

record

15

and

Payments during

$2.25;

Sept.

15,

$1.75,

Nov.

Sept,

1941

30.

as

Dec.

.-

Dis¬

Federal

for

last,

as

'

Sept. 30,

$2.—

1942

sidiary

of

for

for

759.835

Interest

and

deductions of

1942,

.*

321,128
$318,783

p.

2011;

V.

156,

p.

directors- have

a

of

25

cents

per

share

required,

and

Dec.

29,-1941.—V.

156,

p.

1779.

94,006

490,415

523,069

224,049

to

162,386

157,855

subs
stock¬

com.

10,387

5,303

$440,246

taxes

at

income

on

the

results

rate

in

$212,490

of

its

additional

1942

where

subsidiaries

for

40%

of

combined

a

the

cover

Act

,

2%
file

period

profits

income

consolidated
will

the
on

estimated

ended

of

sub-

tax

tax

returns

pro¬

charged
filed.

are

it

being

consolidated

Federal

is

excess

profits tax returns where permissible.
Premised on
filed, and separate returns for subsidiaries where

not

considered

profits

that

taxes.—V.

156,

the
p.

companies

liable

are

for

1612.

Pleasant Valley Wine Co.—10-Cent Dividend—
A

dividend of

pares

1942.

10

cents

per

$1, payable Dec.

par

share has been declared

Distributions

Dec.

22,

of

1941—V.

Portland

10

cents

156,

Electric

on

the

15 to holders of record Dec. 4.

with 7'/a cents paid on Aug.
p.

27, last, and 12 Vi cents

each

were

made

on

April

common

This
on

25,

com¬

April 25,
Aug.

25

612.

Power

Co.—SEC

Extends Hearings

before the SEC on the voluntary reorganization plan for
company have been continued for about two months,
which will

Hearings

on

ttheycommonr'Stock,.; payable Dec. 29 to holders of record Dec. 10.
,t.This compares-with; 35 cents■*paid on Oct. 1, last; 25 cents on July
.-4,-4942, and 40 cents each on April 1, 1942, and on April 1, July 1,
Oct.>l

114,035

periods—
Federal

and

excess

returns

Federal

and

dividend

165,245

.

$1,216,772

469,653

stocks of

applic.

computed

to

corporation

such

699.

declared

earned-'—
taxes,.:

subsidiary

which

Revenue

income and

Peoples Drug Stores; Inc.—25-Cent Dividend—
The

for

was

the

stock,

income

155,

67

interest

Interest, amortization of debt discount premium
(net) and expense, etc., of corporation
—V.

2,781

319,615

subsidiaries

$1,051,527

203,269

$642,759

$269,037

other

63,981

3,132

retirements

665,911

71,127

60

and

the

companies,
sufficient

The

$1,372,651

$591,844

depreciation

income

$1,483,854

amortization—!—-

pfd.

minor

a

under

1941

$1,422,806

,

etc.—

52,711
422,506

stockholders:

on

income

net

Note—Provision

follows:

15,

(& Subs.)—Earnings

——

and

Income

minority

accrued

Income

Net

'

earnings
■Operating expenses, maintenance and taxes--..

depreciation,

interest

depletion

for

Provision

.

12 Mos. End. Sept. 30—
Gross

taxes):

common

15,

were

and

less

expense,

holders

1,592,991

86,710

439,407

i

$1,687,123

Depreciation,

of

15,338,721

1,750,932

—

Provision

Portion

the

on

—

before

19,405,326

—

debts—

1941

payroll,

income

Interest

Co.

(excl.

exps.

income

Total

M.,

trust

Pennsylvania State Water Corp.

Gross

Wall

$23,166,229 $18,458,456

taxes)

(other than Federal income

vided

,

16

1942

revenues,--—.

(excl.-depreciation, etc., property
taxes)——'—*——.—.—
&

gen.

franchise

exhaust

15

'March

trustee,

2095.

p.

Sept. 30—•

operating

sales
other

Sell.,

com¬

during

and

....

.

made

$50,

par

149,

(& Subs.)—Earnings—

Months Ended

Cost, of

Distributions

last,

15,

and Dec.

A,

9

Sales

Taxes

y. ;

amount- sufficient to

dividend

Net

of ? $7;' per;-share ; on the; -commdn'' stotk., payable out>; of surplus ;;'on
TBed.'^ to; holders of record Dec;* 1. ^ Distributions of 30 cents.-each were
made on this issue on Jan. % April ilvJuiyxl/aiid. Oct, ;1, last.
Pay-




$1.25

on

Dec.

•

California—$7 Dividend—Par
Changed—Proposed Offer to

The-company5 :on; NoVi^iarannounced

of

follows:

as

Minority
1,240,395

$2.12

786.

Common

cash

of

Co.—Tenders—

1,

Jan.

coupons

Distributions

Gross

50

cents

' y

,

holders

to

stock,

a

on

were

21,677,626

744.033~

Pacific Finance Corp. of
?

21,597,015

'

Balance

of

securities

of

Dec. 30, 50 cents.
,

of

quarter

initial

1940,. and

payable

10,403,162
21,679,599

applic, to Pacific Gas & Elec. Co.

Dec.

made

was

Dec. -14,

on

each

with

,

stock,

32.082,761

21,598,656

Dividends

'

due

Kirkpatrick

on

common

general

made

Liquidating Dividend—

an

tributions of $1.50 each
^against $2 on March 14.

11,601,291,11,877,003

capital stocks held by public
undistrib.

14

each

directors

on

Cost

Pennsylvania Salt Mfg. Co.—$1.75 Dividend—

16,440,726

15,239,749

in

elimination

postponement of

new

Pittsburgh Coal Co.—Earnings—

last,

60

H.

submitted

Dividends

52,259,570

213.685

.

cents

Provision
Remainder

Jan.

on

prices

Period End. Sept. 30—

certificates, series D, due 1944,
$100,000, the sum now payable to
the sinking fund, at prices not
exceeding par and int,—V. 156, p. 1779.

112,446,171
,

1.1-4-

on

the

for

the

1155.

49-year;, guaranteed

■fto

$

,

surpluC__lLl_„-.lTi;_lu._l'_;^.

to

subs,

for
and

on

1420.

p.

detached

for payment

28.

and

(Inc.)—Tq

The

;

Net'income

it

at

be

Operating profit

■

'

.

$,

•

Divs,

to

interest

William

the

on

Sept.

Pennsylvania RR.—Tenders Sought—
V

48,-226.01.1-,/.43,745,8-75•

—-

Gross- income-

Bond & ,other

6%

and

1693.

p.

Girard^'Trust Co.,/trustee, Philadelphia, Pa., will .until 12
E; ;W. T., Nov. 30, receive bids for the sale to it of
Pennslyvania

124,545,789

;

income

the

on

the

Nov.

in

Distributions

1942,

dividend

capital

payable

distribution

p.

1693.

(not

' -i

-

..

were

p.

'

.

.

operating revenue.

1942

year

Philco Corp.—10-Cent Dividend—
■

corn-

Nov.-, 2

1420.

50

pared

*.A

Net

the

its

on

1941, or
each
$1,000

year

on

"worthy of consideration",

the

not)

or

Payment will be

Oct.

a

Dec.

paid

declared

par,value, payable Dec. 15

"'T-

the

on

^Maint.,-oper; & admin, expenses} .taxes, etc-..™
59,108,997
/Provision for depreciationil
—17,210,781

Miscellaneous

for

1942

year

the

259.

stock,

cents

dividend

A

x

■;'

•

declared

,

20

156,

accumulations

$133,878 ''

-

■

4,

Pacific Gas & Electric Co.^-Earnings— !'*
'
■
V;
•
'
.'
<
• 1942

'.
;

for

principal

and whether the company is solvent or
The important change in the March
plan provides for an increase
amount of
proposed new bonds from $1,054,800 to $1,057,300
and in new common stock from
10,548 shares to 10,573 shares.
Present
bonds total $2,267,000.—V. 155,
p, 1316.

Pennsylvania-Dixie Cement Corp.—Accrued Dividend

'Increase

•

$2,651,802

Outboard Marine & Mfg. Co.—Dividend Dates—

r

■{

'

963.,,...y/
,

156,

series'A,

Pittston Co.
^

;

$2,785,680

156, p.,

\

3

V.

$3.34

156, p."1508.

1942

sales

—v.

provide

accrue

March

in

to

per

share.

per

April

on

declared

17

recently

The directors

-;

Oppenheimi Collins & Co., Inc.—Net Sales Show Gain

Net

of

not.

.Pennroad Corp.—To Pay 25-Cent Dividend—

,

$3,70

Thrqe Months Ended Oct. 31—

i

of

referred

Products,

of

27.

$1

1939, and, in addition, extras of
1939, and on Dec. 26, 1941.—V. 156,

directors

Vi

sale

should

plan

Sales,

Nov.

of

31

cents

,

♦On 550,000 shares outstanding.—V.

at

Pittsburgh Suburban Water Service Co.—Bonds Called
-

/>•-.

——

v

Court

.

share.,

common

District

for the

Interest

interest

the plan,

p.

is

of the voting stock is owned,

dividend

a

Penn-Mex Fuel Co.—Initial

11,774

>

revenues!!_"i$ll,269,419 y $9,492,747
Grpss income after retirement reserve accruals
3,509,428 ■ '3,265,82o-Net
income
i—-ll!!—.
2,629.472
2,428.810
"Earnings per

to

by
will

$22,629.63,

1943,

•ended

Operating

.

plan
for

the

Federal

portion

Consolidated

record

the

at

1942,

on

amount

26,

Nov.

Co.—Earnings—

!'v •:

bond,

3Va%

account

on

and

delphia, has fixed 2

42,905

$30,907

—

p

S.

Philadelphia & Western Ry.—Hearing Dec. 9—

$0.96

-

common,

The

Oklahoma Natural Gas

the

the

Judge

1939

and

(whether declared

1942.

like

.

—

and

$100

bond,

interest

Fixed

The

March; 15,

..,

dividends of

———

to

bonds,

company

156,

$481,971

periods

Fibreboard

Enterprises

Nov.

were

for

absorb

1.

1941.

in

that

previous

than 50%

to-stockholders

States

June

on

28,

the

A

$131,943

*

subsidiaries,./———;.-—-42,905
Interest, amortization of debt discount and expense, etc.,. of corporation..
,600

4

27.

excess

voting stock is owned.—V.

&

on

The.directors

17,712

$126,642

Interest, amortization of debt premium and expgnse. (peti, etc., of subsidiaries
—*•

156, p. 786.

U.

approximately $38.50 per $1,000 bond.
approximately $24,500,000 of the 5s outstanding

called

which

bonds.

Penick & Ford, Ltd., Inc.—75-Cent Dividend—
on

—V.

to

war.

and

more

received

and

i

$336,268

197,164 "V

depreciation and retirements.'.—

income

$1,000

per

bonds,

Philadelphia Transportation

none

$0.77

during 1941 were as follows: Jan. 15,
50 cents; Sept. 30, 25 cents; Oct.
28, 30 cents; and
—V. 156, p. 1332.
;*:.
y ;
.
'

*' 1941 *

and

Net

petition

Co.—Interest

The
Fidelity-Philadelphia Trust Co., trustee, 135 So. Broad St.,
Philadelphia, Pa., will until 12 o'clock noon, E. W. T„ Dec. 15. receive

profits taxes
recently enacted Revenue Act

the

earnings

which

'

taxes

$360,320

income

not

was

and

1942

of the

exactly 50c of the

The

instal¬

certificate

Operating expenses,* maintenance

-preferred

Iron

according to an announcement by R. E. Tag"is being made because of delay in the consummation
plan of reorganization," and will be accompanied
by a proposed
now

from

'
$0.99

the basis of

on

thedividends

in

„$349,971

Provision for

&

recommendation,

ments

Pay Dividend of $i Per Share—

with

(& Subs.)—Earnings—

;

to

President,

the

amendment

the

on

1938.—V.

$494,610

Federal

provision

include proportion

Patino

originally

w?is

Gross earnings !—

Gross

of

of

as

y

e

Estimated
tax

19,

1940

$0.76

payable

record

1941

$385,380'

on

from

1692.

p.

of

$50

or

bond;

mortgage
are

3%-6%

share

per

Dec.

on

Payments

•

The

gart,

<& Subs.) -Earnings—

1942

profits tax refundable after the

-but* only

1

whose'"name

$5,000,000

Coal

voted

.

i

This

(2),, The

ahove

50

to

share

per

stock

are

1942.

.

•-*

Dec.

of

.

i

There

opera¬

dividend

a

profits taxes of $390,951 in

excess

['

,'-r

the

use

on

Guaranty Trust Co. of N. Y.—V.

,

refunding

Inland

were

depreciation; amortization, Federal income

1942

of

been-

repurchase

!

'

interest,
mortgage

$1,000

per

debentures

$363,229

wholly-owned subsidiary,

former

previous payment was 50

Notes—(1)

from

*'•».

i

$10,

par

per-share

common

..

*•'.

1

Mohawk -before

12

'

$29,000,000 of the 6s.

$89,505
stocks—

to

its

declared

profit

"V y*After,

the

have

-s.-•• i

"■

issued

were

Metropolitan
ment,

17

263,794

Crl,277

Utilities

bonds

other

Nov.

on

prior

and

u

.Earnings

1941

resulting

expense

Such

if

The

♦Net

Corp.,- an affiliate, $1,000,000 of Mohawk Valley
consolidated.-refunding gold bonds for $1,000,000* cash and

6%

345,984

$51,827

•

3 Mos. End. Sept. 30—

with

and

have

compares

which

The

Associated

1,025,000

i—

$35

$2,110,071
1,025,000

19,927

5%

refunding

ganized company.—V.

those companies in

Co.

$2,096,280

-

preferred

Full

Dr861

•

85,417

85,417"
25,061

for periods

.

Nov.

on

'

■

follows:

as

$2,110,932

Dr819

-

$194,849

Paraffine Companies, Inc.

;,

'NY PA NJ Utilities Co.-i-Seeks Purchase of Bonds— ;

•

$162,305
-

to

699.

p.

unamortized*-debt* discount;' -call premium, and expense. -> taxes, other1 than Federal income and: excess profits.—

156, p. 868. ? 'i

$2,097,099

Drl90

?.

company

directors

since.

on

including
V,

$195,039

Dr370

.

directors

money value of $1,268,950.

Philadelphia for permission to make payments during the current
year
on
account of principal and interest on its
outstanding obligations,

date.

"This

represent amounts equivalent

tax

$162,675

-

Light Co., whose net assets and business

capital, stock,

Neb.,
},

computed .'in. accordance

>would

benefit

the

230,252

'

the

&

.The

•

$91,255

<

Public

(from. Ja

have been

These charges

deductions

company
,-of

:

1942.

.

$1,866,847

19,011

bids

;275,683

1, 1940.
Under an agreement dated Jan. 7, 1941, the
company
purchased- the gas utility -properties 'of Central Power Co.,' an asso¬
ciated company, located at Grand Island ar.d Kearney,-Neb.
Operating
revenues;,from
the
North
Platte
Division
electric
properties
were
•approximately $292,000 for .1940 (to. Nov. 1).
Operating revenues
of. the
gas
utility, properties at Grand Island and Kearney,
,

$1,885,179
225,753

The

..Pacific Western Oil Corp.-—Resumes Dividend—

$363,610
•-

Nov.

■< •,

134

a

Philadelphia & Reading
Approval Sought—

provisions for Federal taxes of $10,670 for the current
month and $117,164 for the twelve months ended
Sept. 30, 1942, addi¬
tional .to the.amounts required under the Revenue
Act of 1941.—V. 156,
p. 1692.
-

/•■* $87,627
company's North Platte .Division"electric properties and certain

assets

694,900

$176,028

on

purchases.
The block had
—V. 156, p. 1612.

316,688

..

270,561

$857

-

:

Special Offering —A special
50,000 shares of common stock

—

of

'

$679,997

$361,816

-

68,202

.

$5,356

v ".

$663,504.

$69,059

$72,382

/

_

Balance
♦The

of

that

2,684

r.

divs.—

applicable

♦Including
tions

$677,313

3,183

\

income 1—

other

$660,322

394

$143,622

—:

812,025

19,301
■

Corp.

flncludes

$146,779

191
.

57,908

Balance

-

.75,628

$143,432

—-

deductions

Net

Preferred

27,687

.

633,524

$143,374

.

income———

Dividends

.

Power

[-

——

585,525

plar

chgd. to construe

Net

.1942—12 Mos.—1941

517,355

30,958

of

-

$2,916,869
2,083,287

•

lease

...

tCharges-in lieu of-in-

,

55,532

s.

$3,034,948

.-

426,705

192

oper.-revenues.

-

14,779

510,375

3,083,906

644,396

58,333"

of

-

$697,643

■

$6,724,348

3,055,799

43,557

...

with

Co.—Earnings—.

1942—3 Mos.—1941

—

-

.Int,

.

$6,964,784

273,148

51,963

,

the

-Increase

an

^

-

1942—12 Mos.—1941

$606,273

res. approps.

Dodge

8.

31.

at 25%, with a commission of
40 cents a share.
The
offering was completed in 37 minutes. There were 367

Statement

270,534

Operating incomesOther, income (net)

.

Electric

Phelps

offering of a block
(par $25) was made

than

::

Northern States Power Co. (Del,)—Weekly Output—

1

12, 1942.
Payments during 1941 were as follows: Jan.
10 cents; June 20, 27
»/a cents; Dec. 22, 42 cents,—V.
156, p. 963.

on

on

the New York Stock
Exchange
Nov. 13 by
Smith, Barney & Co. The shares were priced

$573,664

_

investments

Rent fr.

.

a

March

Amortiz. of limited-term

will

court

liquidating surplus.
holders of nonpremium above par for

49,460

taxes

Prop, retir;

[Feb. 28,'next.—v. 156, p. 1332.

Petroleum Trading Corp.—45-Cent Dividend—
The directors have declared a
dividend of 45 cents per share
the class A
stock, par $5, payable Dec. 15 to holders of record Dec.
This compares with 25
cents paid on
Aug. 5, last, and 10 cents

has

a

1942—Month—1941

tPederal taxes

Northern

County,

cents,

Co.—Earnings-

•Comparative Income

trackage

the

over

outstanding

1869

.

stock

contemplates offering

Light

Period End. Sept. 30—

con¬

Operating

trains

create

each

common

holdings.
Holders of non-callable 8% cumulative preferred stock,
A, of $10 par value, will be asked to accept a call price of
$10,4d .a share, and holders of non-callable 6%% cumulative preferred
.stock, series C, of $10 par value, a call price of $10.32»/2 a share.
In liquidation these issues would be
paid off at par.—V. 156, p. 611.

road

the

Since

•

Nov.

on

cents

the

20

series

Jersey—Trackage to Go to Erie

Smith

30

of

.

Pacific

William F.

to

special

a

value of

par

$10 in order
issues

'

Judge

1,

their

on

^immediate payment of the fUlTredemption price and interest to May 1,
1943,' by presenting their bonds to the Harris Trust & Savings Bank
jof Chicago.—V. 154, p. 753.
Northern RR. of New

March

quarterlies of

reported,

callable .preferred tstock

May 1, 1943, $1,440,000 of 5% bonds, series of 1928, and to increase
'its working capital." Holders of the 5%■ bonds, it is stated, can-receive

Federal

follows:.

as

also announced

was

The

>

Chicago,

Co.,

April

; It

been

von Feb.

daring 1941

the
*

i

allow
the

further

Bonneville

contract

or

an

opportunity
Power

for

negotiations between the company and
looking to a long-term power

Administration

.option for sale of the electric properties.

Jan. 15, 1943, it will stipulate that
Portland, Ore:, in order to facilitate
of local interests who desire to be heard.
Dr. Paul J.
trator of Bonneville, did not appear as a witness at
around
transferred to

Philadelphia, but is expected to
at Portland.

Bef. Inc. &

.

Prof. Tax
1941—
First

quarter

Third

Reserve

$419,000
676,000
504,000

$220,000
355,000
265,000

1,599,000

Months

840,000

1,728,000

i

*

879,000

30___*_—

ending Sept.

Inc.—87%-Cent Dividend—

—V.

156,

made.—V.

was

1942—
*

quarter

391,000
531,000
489,000

524,000
712,000
655,000

*.*,

-

*

quarter

—

133,000
181,000
166,000

of

directors

declared

13

Nov.

on

of

dividend

extra

an

20

30*—,*—

ending Sept.

1,411,000
1,690,000

1.891,000
2,423,000

months*.

nine

months

12

The

directors

cents

per

holders

sentence" orders, the corporation and
plan of reorganization.
consolidation of five subsidiaries in Vir¬

171.062 shares of $6
The

Jersey—25-Cent Common

Dividend—
declared

17

Nov.

on

share on the common stock,

three

declared

also

directors

cents per share on the 6%

to

holders
The

vides
New

held.—V.

share

each

Taxes

the dividend declarations, said in
dividend on the common stock of

announcing
current quarterly
in

corporation,
"The

of 95 cents per share for the year
and the $1.20 per share
it was thought a year ago could be paid during 1942 is, of
directly attributable to increased taxes and other war condi¬

1942.

decrease

The

which
course,

amount

this

between

tions.

hoped by the management that so far 'as the future can now
foreseen, earnings will justify maintaining the dividend for 1943
the basis of 25 cents per share a quarter, or $1.00 per share for

"It

is

Reconstruction

156,

—V.

the

plant and, as no objection was raised by the corporation,
RFC was placed in control.
The RFC asked for the plant under the
second War Powers

Act,

presumably will turn it over later to whatever governmental agency
have charge of the operations.
Mr.
Kabatsky said that corporation officials would confer later
with the government over the price to be paid.
He said the plant

and

already

Appeals SEC Ruling—
13 that it had carried to the U. S.
Supreme Court its fight against a ruling of the SEC holding that the
company
was
a
subsidiary of United Gas Improvement
Co. and
The

announced Nov.

company

United
The

Corp.

•

V.

Court

Supreme

to grant a writ for review of
Appeals in Philadelphia in uphold¬

asked

been

has

action of the Third Circuit Court of

ing the ruling handed down by the SEC Sept. 15, 1941.
Corporation has disputed the SEC finding that stock holdings of
UGI and United gave them control over it.
The Circuit Court upheld
the

SEC

Aug.

last.—V.

12

156,

1612.

p.

during

1941.

156, p.

for

week

a

on

of proxies to be voted at a special meeting
for the purpose of authorizing creation

used by it in solicitation

be

of

stockholders

of

15,

Dec.

on

mortgage and issuance of debentures as

new

a

voluntary reorganization plan.
The declaration was filed on
dated Nov.

effective

the Commission to delay action until Nov. 24,
.indicating
management plans to file another amendment,
possibly affecting material contained in the original statement.—V. 156,
asked
that the

has

company

1779.

p.

Nov.

been

which

under

-

excellent,

of the public with wartime travel regulations
confusion still exists regarding the terms
for unused sleeping and parlor car space are

some

refunds

permissible, George A. Kelly, Vice-President, said.
Refunds • may be
made, Mr. Kelly explained, when tickets have
been
released sufficiently in advance of train departure to enable
resale or when connection has been
missed due to delayed arrival

■

of

jL

156, p. 1613.

connecting train.—V.

a

•

'

-

directors

Nov.

on

the

j Nov.

common

15

stock,

payable

both

An extra of 75 cents

30.

Sept.

declared, an

18

the usual quarterly

share in addition to
on

and Dec.

1941.—V.

15,

extra

operation Nov. 7, 1942,
1941,—V. 156, p.- 1510.

were

Sanford

declared

have

$1.25

per

dividend of 25 cents per share
Dec. 15 to holders of record

was paid on Sept.
156, p. 613.

15, last, and on

distribution

similar

of

dividend

stock,

par

of

Distributions

per

share

Nov.

50

cents

20

Dec.

each

cents

has been declared on the com¬
15 to holders of record Nov. 30.
made on June 15 and Sept.

share

per

payable

$10,

on-

Nov.,

The directors

Nov.

on

declared

16

an

during 1941 were as follows:
June 16 and
each, and Dec. 16, 50 cents.—V. 156, p. 613.

Sept.

from

operations

Extraordinary

studio

write-offs and

Depreciation
for

Provision

Dividends

on

income

common

and

$2,302,211
633,905
968,513

1940, and one of 25 cents on Dec.

15,

7%

after all charges

pi'd.

stock

289,267

39,389

39,501

Purchases Authorized—

to

*$389,853

$644,775

♦Deficit,

bond.,J

$1,000

for

has

been

not

proceeds
.of bonds

of

ceeds

1942

appear to

for Federal income taxes is based on a 40%
compared with a 31% rate for 1941.
No provision
Federal excess profits tax as the companies do

provision
as

made

for

be liable in this respect.—V. 156, p. 700.




.

<.

such

persons

•

&
in

The

Southern

the

Union

To redeem

...

amounted to more than
receivers may continue to
accept tenders of/ the Seaboard-All Florida bonds at the same figure
of

$160

of

authority

By

the

$1,000.
The order also provides that where bonds have been
the committee and certificates of deposit issued,
the
may

the

deposited with
receivers also

certificates, paying therefor in addition to the price
bond such deposit fee as might be charged by the committee
buy the

of
for

not exceeding $15 per $1,000.
The receivers recommended, and the court ordered, that tenders on
four other companies leased by the Seaboard—the Georgia-Alabama,
the Georgia-Alabama
Terminal Co., Tampa-Gulf Coast, and Tampa
Northern Railroads—be rejected at this time.—V. 156, p. 1780.

the

37 V2

Corp.—Dividend Again

Acceptance

directors
on

Nov.

on

declared

7

a

dividend

of

Cut—

cents

per

cents

stock,

1,

quarter

1942,

as

and

from Dec.

24,

1939

and including

to

Oct.

1,

and
each
1941.—V. 156,

518.

Shattuck Co.—Extra Dividend—

(Frank G.)
directors

The

share

in
on

holders

of

per

share

156,

p.

have

addition
the

capital

record Dec.
was

1156.

paid,

declared

extra

an

dividend

of

40

cents

per

quarterly dividend of • 10 oents per
stock, no par value, both payable Dec. 21 to
1.
On Dec. 22, -last year, an extra of 20 cents
the

to

as
r

usual

10 cents extra on Dec. 22,

against
.

■

-

-

.

<

the

to

promissory, note ,
order of First'

Dallas

_

1

$750,000

'

Union Gas Co. (Old). 5% promissory note
Oct. 1, 1942, payable to order of Northern Trust

Chicago

Co.,

105

,at
*

200,000

inch,. at

100r_,_,**

(5)

$1,215,000 New Mexico Gas Co/ first mortgage series
A
15-year 5%
sinking fund convertible bonds, due'
May 15, 1951, at 103***
*
:*_L

(6)

$226,000
B

New

15-year 5%

at

1

892,500

*

(4) $185,000 Texas Southwestern Gas Co. serial bank
loan, 4%, due serially Dec. 15,' 1942, to March 15,
1946,

,

:

$850,000 Texas Southwestern Gas Co. first' mortgage
Sinking fund bonds, 4%% series, due Jan. 15, 1956,

J

.

185,000
*
1
1.25M50

Mexico Gas Co; first mortgage series
sinking fund bonds, due Nov. 15, 1954,

105

237,300

;*_

(7)

$76,250 New Mexico Gas Co. serial notes, due
Oct. 20, 1942 to Jan. 20, 1945, at 100:.

(8)

serially

$361,200

76,250

Gas Co. of New Mexico convertible first
mortgage 6'/2%
bonds, due Sept. 15, 1944
(payment assumed by New Mexico Eastern Gas Co.)

(closed)
at

(9)

101

*

364,812

$107,500 Pecos Valley Gas Co. first mortgage 6%%
bonds, due May 1, 1944 (payment assumed by New
Eastern

Gas

Co.)

at

'
108,575

101

(10)

$33,800

contracts payable

Mexico Eastern Gas Co. conditional
,5%, due serially to March 25, 1944*

33,800

(11)

$26,673 New Mexico Eastern Gas Co. 5% contractual
obligation maturing serially to Jan. 1, 1955

26,673

Reorganization expenses in connection with the con¬
summation of the Plan of Merger and Consolidation

(c)

For

made on the

compared with 20 cents each on April 1
Dec. 24, 1941, and 25 cents per share

on

(Old)-5%

payable

1942,

•

(2), Southern

per

$25,

July

1,

Bank,

(b)

10

stock, par $4, and the usual quarterly dividend
share on the 6% cumulative preference stock, par

common

both payable Dec. 24 to holders of record Dec. 10.
On Oct. 1, a distribution of 15 cents per share was

(as of

\

Oct.

dated

.

Securities

of

'
the following, (exclusive of interest)

1942);

National

order,

per

bank loan, will become
In the amount of $4,327,598

Production Co.

,

pay

or

Southern Union . Gas Co.

(3)

the time the order was closed

Tenders up to

company

with the
to be received by the company from the sale of $3,650,000
and $250,000 to be received by the company from the pro-,

*.(1)

•

on
Ry.

.

^

of Issue—The net proceeds to be received by the
of- 240,584 shares of common " stocky together

sale

1,

.

companies.

placed with the insurance

Oct.

15, 1939.—V. 156, p. 1780.

of

amount

aggregate

an

103%%,

is

purchasers

used as follows:

(a)

dividend of 50 cents per

hearing.

share

Note—The
rate

the

to be

Seaboard-All Florida RR. bonds at $160 per
order was issued at the conclusion of an all-day

tenders

purchase

p.

of

to

of bonds and Connecticut
purchase $1,000,000 bonds.

such

been

Purpose
from

to

of

Rollins

has

dated

common

997,659

sell

Mutual Life In¬
The price to bo
Company will pay
Sons Inc. the sum of $18,250 as compensation
finding purchasers of the bonds.
The bond

$2,650,000

services

its

Ry.—Seaboard-All Florida Bond

Line

Air

Seaboard

$1,971,201

1,050,357

taxes

subsidiary in hands of public

profit

reserves—'

.

Oct. 4, '41

Connecticut

to

agreed

each

H.

E.

■

Dec.

The

Oct. 3, '42

-

and

obligated

Co.

by

issue

quarterly dividend of 25 cents per share
on
the common stock, both payable
Dec. 15 to holders of record
Nov. 30.
Extras of 50 cents each were also paid on Dec. 15, 1941, and

15,

Kadio-Keith-Orpheum Corp. (& Subs.)—Earnings—

•

be

separate

into

Co.

in addition to the usual

share

share

39 Weeks Ended—

the

corporations

23, 1942, the constituent corpo¬
agreements with Northwestern Mutual
Mutual Life Insurance Co. pur¬
to which the constituent corporations agreed that the company

Mexico

cents

Net

the

29,

extra

on

Privately—On Sept.

Bonds

purchase

were

Payments

Frofit

to

holders

to

25

made

was>

15, last.
20

>

on

of

general corporate funds of the company

$7,500,000.

Pyrene Mfg. Co.—50-Cent Common Dividend—
A

$2

stock

constituent

entered

Insurance

surance

of record Nov. 18.
A
1941, which compares
with $1.50 each on July 25,
1941, and Nov. 30, 1940, 50 cents on
Sept. 16, 1940; $1.50 each on June 20 and Sept.
1, 1939; $1 on
Sept. 1, 1938, and $2 on Nov, 30, 1937.—V. 155, p, 268.
payable

stock,

common

expenses

mon

of

held

meeting

stockholders

such

such

,

for

dividend

a

a

1962.

Mills—$2 Dividend—

directors

The

at

$3,650,000 of first mortgage sinking fund bonds, 3 %% series, due
Of such amount Northwestern Mutual Life Insurance Co. agreed

of

2,549, compared with 2,991
-

Co,,

Gas

approved

Texas.

should

$

.

Union

Southern

of

common

of

suant

Nov. 8. '41

Nov.

dividend of

Pure Oil Co.—50-Cent Common Dividend—
A dividend of 50 cents per
share has been declared on the com¬
mon
stock, payable Dec. 21 to holders of record Dec. 1.
A like
amount was paid on this issue on
Dec. 1, last, as compared with
25 cents on Dec. 20, 1940.—V. 156, p. 1059.

.

Life

Judge Luther B. Way in Federal District Court at Norfolk, Va.,
17 signed an order authorizing-receivers of Seaboard Air Line

Pullman, Inc.—Extra Distribution—
The

of

Dallas,

(The) Schiff Co.—50-Cent Extra Dividend—

cooperation

Although

8,

Merger Effective—Stock

—

having the right to subscribe for one
company for each share of common
owned.
Subscription rights
expired Nov. 12, and the unsubscribed shares were taken up by the
underwriters.
The following were selected as dealers to render services
in connection with the offering:
E. H. Rollins & Sons Inc., New York
City;
W. C. Gibson & Co., Chicago, and Rauscher, Pierce & Co.,
of

stock

paid

celled Late—
has

in

Stores
on

Co.

Gas

Union

1942,

share,

share

40,151,771 506,824,050 407,731,680

44,589,139

•___

-

1941

1781.

p.

p.

per

44 Weeks Ended—

$

Jan. 1 to Nov. 7
1942

1941

$3,839,750 $227,994,205 $155,274,842

$5,824,644

Gas
Co.
has been
changed to Southern Union Gas Co.
details of the merger plan were outlined in "Chronicle" Oct.
1334.)
I
Underwriting—Texas Southwestern Gas Co., as the survivor corpo¬
ration
under
the plan of merger, initially offered 240,584 shares
of
common
stock
to
holders of common stock of Southern.
New
Mexico Gas and New Mexico Eastern, of record Oct. 14, at a $1*50

Refunds Made if Tickets Are Can¬

Pullman Co.—No

Ry.—Earnings—

[Full

12,

to

6, and the proxy statement was
of the Commission, declaration would
after filing, or on Nov. 17; but the

days

11

Sales

Nov.

rule

Under the

16.

become

have

part of its proposed

1

v

Its Bonds—

Week Ended Nov. 7

30,

rations

Nov. 7, '42
$
"*

Nov. 8, '41

Nov. 7, '42

in an amendment, has asked the SEC to delay action
its declaration with respect to the proxy statement to

$16,825

western

Higher—

Weeks Ended—

4

Action—The company,

$2,371

■

the adoption of an agreement of merger
providing for the merger of Southern Union Gas
Co.
and its subsidiaries into Texas Southwestern Gas Co.,
one . Of
Southern Union Gas Co.'s subsidiaries.
The name of Texas South¬

700,

Safeway Stores, Inc.—Sales Again

Delay Proxy

117,228

-—

63,329

consolidation

Sale

Puget Sound Power & Light Co.—SEC to

1421.

Stockholders

Sept.

cents each paid
also paid on June 16 and

of 25 cents each were

extras

1941.—V.

15,

and

earnings
156,

and

quarterly of 25 cents were paid.
In addition to four regular quarterly dividends cf 25
Dec.

dividends*—*—*—

$134,930
118,105

*

Southern

stock,

common

$119,599

Subscriptions—$3,650,000 Bonds Placed Privately—

payable Dec. 15 to holders of record Nov. 30.
A similar distribution was made on this issue on Sept. 15, last, while
on
both March 14 and June 15, 1942, an extra of 12,/2 cents and a
the

—

*

156, p. 1781.

—V.

dividend of 37 Va cents per share

17 declared a

directors on Nov.

The

1941 "

$282,950
84,691

is

Gross

Dividend—

(H. II.) Robertson Co.—37%-Cent
on

1942

reported that this company is continuing its policy of reducing
purchase of its own securities in the open market.
In the period from June 30, 1942, to Oct. 31, 1942, the company pur¬
chased $3,382,000 of its 3% %
10-year secured bonds maturing July 1,
1946,
reducing the outstanding principal amount to $49,382,000.—

1694.

engaged in war work.—V., 156, p.

was

to

$274,190
84,439
70,152

Southern Pacific Co.—Purchases

will

Should

arrearages

Ltd.—Earnings—

*

.*_

depreciation

155, p.

It

plant to manufacture forged aluminum cylinder
Associated Press dispatch from Detroit which

the

predicted with

but in times like the present nothing can be

year,

certainty.

months'

funded debt through

an

said:

Kabatsky,
assistant United States Attorney, and Republic
Steel officers appeared before U. S, Judge Arthur F. Lederle on an'
order to show cause why the RFC should not have immediate occupancy

there be additional earnings, as there may be, in
the
opinion of the management they should be conserved until the
future can be seen more clearly."

the

six

*

1942

of

Julius

of

of

care

_*__*

Period—

officials of the above company, the
Finance Corp. on Nov. 13 took over the Republic com¬

according to

heads,

,

take
1157.

p.

Surplus

85.

p.

cooperation

pany's Monroe, Mich.,
further

16.

'>

_

Southern

full

preferred

Nov.

__.****_

Interest,

Republic Steel Corp.—RFC Takes Over Plant—
the

6 %

*******

Net earnings

mortgage bonds of New Virginia

With

25 cents per share will make a total

on

New

the monthly dividend for January of
pref. stock, payable on or before Jan. 15

15.

record Dec.

of

substance:

be

Operating Co., New Cumber¬
Valley Co., and Abington Electric Co., and 30 shares each of
Virginia Operating Co. and New Pennsylvania Holding Co. for
$1,000 face amount of collateral trust bonds held.
It also pro¬
for distribution to preferred stockholders of two shares each of
Virginia Operating Co. and New Pennsylvania Holding Co. for

each

earnings

of $3

dividend

A

record

Operating expenses

preceding quarters.

The

50

,

to

land

a quarterly dividend of 25 cents
payable Dec. 21 to holders of record
Nov. 27.
This is for the quarter ending Dec. 31, 1942, and compares
with 20 cents each paid on June 30 and Sept.. 30, last, 30 cents each
on March 31 and Dec. 19, 1941, and 35 cents per share in each of the

directors

The

per

156,

1937.—V.

31,

a

class

of

$1.50 on Feb. 28, 1941.
current payment will

Gross

plan provides for the dissolution of Republic and the distribu¬
bondholders of $500, either in cash or equivalent face value

tion

first

$315,426

par common.

of

Public Service Corp. of New

declared

the

on

holders

to

30

Southern Canada Power Co.,

struc¬
shares
of $6 par value common stock.
Also for consolidation of three Penn¬
sylvania companies Into a new operating company called New Cumber¬
land Valley Co., with capital structure consisting of $275,000 first
mortgage bonds and 10,000 shares of $10 par value common stock;
and organization of a new intrastate
holding company in Pennsyl¬
vania which will own the capital stocks of the Pennsylvania subsidi¬
aries.
The latter holding company will have a capital structure of

/

•

$294,206

$588,904

$298,706

Month of October—

ginia into a new operating company, which will have a capital
consisting of $1,400,000 first mortgage bonds and 171,062

of 8%
payable Dec. 15
cents per share
Dec. 15, 1941, and 8 cents on

on

on

for the

•

I

The

March

ture

share on the original and cashable stocks,
of record Dec. 4.
This compares with 8

June 15, last. 8V2 cents
16, 1941.—V. 155, p. 1926.

paid
June

plan provides

The

dividends

semi-annual

declared

13

"death

with

compliance

In

Co.—8%-Cent Dividend—

Nov.

on

Corp.

Plan

Reorganization

subsidiaries have filed with the SEC a voluntary

157,000.—V. 156, p. 1612.

to

Files

With SEC—

of the nine months' cumulation.
The tax reserve for nine months
reserve is computed as follows:
Federal normal income tax, $254,000; Federal excess profits tax, $1,-

Public Investing

made

with

Service

Republic

the pro rata portion

.

Nov.

and

480,000
733,000
•Income and profits tax reserve for nine months is based upon the
rates established by the Revenue Act of 1942, and the amount of the
reserve applicable to each quarter of
1942 as shown above represents
♦First

able

1939

1940
,

Dividend—

have

accumulations

of

1151.

p.

$244,149
-7,476

per share on """ount
stock, par $100, -prySimilar-distributions weiu
on this issue on Aug. 10, last, and on Dec, 26,
1941, as compared
$1.50 on Sept. 15, 1941; $3 each on May 15 and July 15, 1941,
directors

The

cents

share in addition to the usual semi-annual dividend of like
both payable Dec. 15 to holders of record Nov. 20.
Extras
20 cents each were also paid on Dec. 15, 1941, and on Dec. 16, 1940.
154,

-

1941

1942

oper.

Accumulated

amount,
—V.

-I**

Fed/ inc. taxes

other deductions,

and

Div.—

per

quarter

Second
Third

"$241,905
43,444

*.*1—

Sept. 30—
after

income

exps.,

788.

p.

Reliance Insurance Co. of Philadelphia—Extra
The

Net

'

First

$267,149
23,000

Sloane-Blabon Corp.—Earnings—

15 and Sept.

16, June

share

759,000
849,000

2,168

$275,905
34,000

__-_*

r

789.

p.

9 Mos. End.

15, last, and on March 15, June 16 and
Sept. 15, 1941, while on Dec. 15, 1941, a payment of 87Va cents per
March

,'i

profit

156,

2,953

.

before write-offs—*
Capital expenditures —:
Z

Nov. 18 declared a dividend of 87 Va cents per share
stock, no par value, payable Dec. 15 to holders of
Distributions of 37'/a cents each were made on

30.

Nov.

1

taxes

for

Realized

■

revenue

income

Provision

administrative-costs*

&

on

common

record

$199,000
321,000
239,000

-

nine

the

on

Reserve

,

-

.

quarter
months

First
12

Reserve

-

quarter

Second

Aft. Inc. &
Prof. Tax
Prof. Tax
Inc. &

$264,981

Total

radiogram.
To facilitate filing of the messages, special forms
containing all.texts, are available at all Western Union offices, accord¬
ing to the RCAC announcement.—V. 156, p. 1694.
per

The directors

(& Subs.)—-Earnings—

& Co.

$272,952

profit

Non-operating

any

Raybestos Manhattan,

* "• 691,002

Operating

•

three of more than 100 texts may be trans¬
mitted to members of the American forces in Australia for 60 cents
of

selection

A

Philadelphia testimony was introduced tend¬
ing to show that the management of Portland General Electric Co., a
subsidiary of Pepco, had asked a price of about $60,000,000 for its
electric properties,
and that the Bonneville authorities had offered
around $54,400,000,
although it was indicated that the spread had
since been narrowed to about $4,000,000.—V. 156, p. 1779.
During the hearings in

Poor

Time.

War

1941
$955,982

785,647

operating

Development,

Communications, Inc., effective Nov. 15, 9 A. M., Eastern

R.C.A.

by

Message Service (American Expeditionary
and from Australia, was announced on Nov. 13

to

messages)

Forces

'

/

QuarterEnded Sept. 30—'
T
1942
return from metal sales***.;***,$1,058,599

Net

the Soldiers'

of

Sherritt Gordon Mines/Ltd.—Earnings—

:

Australia—

Message Service to
Extension

Radio

Soldiers'

America—Extends

of

Corp;

Radio

orders hearings recon¬
the hearings be
the appearance
Raver, adminis¬
the hearings at
be called when hearings are reconvened

when-the ' Commission

expected that

is

It

vened,

Monday, November c23, 1942

COMMERCIAL & FINANCIAL CHRONICLE

THE

1870

1938.—V.

New

130,750

(estimated)

working capital

70,488

(estimate)

proceeds from the loans to Southern Union Gas Co. (Old) by
First National Bank, Dallas, and Northern Trust Co. in the aggregate
amount of $950,000, together with other funds of Southern Union
Gas Co.
(Old), were applied to the following purposes:
(a) To the
•The

Oct. 1, 1942, of $911,800 Southern Union Gas Co. (Old)
collateral trust 6% sinking" fund gold bonds, due Oct. 1,

payment on
10-year

at 100 and accrued interest to Oct. 1, 1942; and (b) to deposit
.with
a
paying agent of funds for application to the payment of
Southern-Union Gas Co.
(Old) scrip certificates due Oct. 1, 1942,
1942,

aggregating

with interest to Oct. 1, 1942, the amount of $40,451.

I

V61ume 156 -"'Number* 4127

'/rf

-

THE COMMERCIAL & FINANCIAL CHRONICLE

Capitalization^ pf^the

Company,^Subsequent to -the Merger—Thq
agreement of merger-and consolidation provides for the issuance in
exchange for- outstanding-securities- of the' constituent corporations
not
to exceed a ..maximum
of $2,441,800 of 25-year sinking fund
6%'. debentures, due Nov. .J, ri967;. and: 725,816. shares of common
stock • (par $1)
ofthe-company, plus such additional amount Of
debentures or common :stock. as may be issued upon conversion of
.

Standard

Ruling—
:

any

of

New, Mexico

debentures

'

Gas.

shall

be

New

or.

executed

Mexico 'Eastern.

and

delivered

When

and

as

account

on

of

at

of

N.

J.—Asks
'

has

company

petitioned

Refining

Process

Third Avenue- Ry*—Bonds Called for
Redemption—

theU.

S.

the

"•

There

......

District

Court

at

have been called for
redemption: as of Dec. 1, 1942, a total
$400,350 of first mortgage 5%
50-year gold bonds dated July
1, 1887, of the Third Avenue RR.
Co., at a price equal to the unpaid
balance of the principal amount
($850 per original $1;000 bond);
paypient will be made at the
City Bank Farmers Trust Co., trustee;
22 William
St., New York City.—V. 156, p. 702.
of

Newark,

agreements be

reached.

the

shall

Co.

N. J., to determine whether the terms of its
consent decree of-last
March" would prohibit the
company and other companies from negotiat¬
ing agreements for" use of- various catalytic refining processes.
.The
Office of Petroleum Coordinator has recommended
that

,

bonds

The

Oil

:

1871

-

.

"

conversion
time

of

of

of

bonds

Mexico

New

Gas,

the

company

execution and. delivery-pay to the trustee " under the
providing ,for the'issuance of ..the debentures cash equal
principal amount of such debentures, and such cash shall

be

such

indenture
the

to

best

that

determine,

Of

for

cash

due

New

ern,

right
shares

(see

Mexico

they

shares

the

of

New

bonds

entitled

to

purchase
$1.50

Southern

the

of

the

proceeds
the

and

for

acquired

between

Union
of

sum

given
of

by

such

amount

who

the

funded

issuance

of

to

of

cents

of

and Dec.

inc.

and

the

of

$250,000

per

for

est.

foreign
—V.

Fed.

income

amounted

owned

stock

will,

Union

July

on

10,

$5,283,574
$3.01

&

of

are

bonds,

being

the

A

upon

the

the

com¬

directors

the

on

stock,

distribution

share
Dec.

Nov.

on

common

similar

15

of

75

holders

of

15,

to

year,

Dec.

on

Nov.

on

dividend

a

Dec.

paid

last

cents

Dec.

50

1.

cents

on

15, 1939.—V. 156, p. 871.

in

1,

18

declared

payable
made

was

1

on

preceding quarters.

dividend

a

Dec.

Sept.

An

of

25

cents

holders

to

of

1,

extra

last,
of

Nov.

against

as

50

cents

share

per

50

cents

also

was

24.

paid

1941.

Indicated
$1.50

in

share

per

pany

the

by

increase

compared with

as

per

share

common

I

;

to

the

New

into

extent

debentures

Mexico

the

that

holders

Eastern, exercise

or

persons

stock

.common'

rights

of

of

by

right

the

for

profits taxes.
with allow¬

excess

taxes,

a

effect.—V.

156,

of

is

New

and

at

com¬

of

Dec.

subjeet
Mexico

1

to

said

In

bonds

stock

addition

redemption
Jan.

on

ex¬

at

revenues

Uncollectible oper.

$10,208,906

rev._.

100

Operating taxes.
Net. oper.
Net income

—

"1,928,360

.

income

interest.-

and

Payment

6 %.

issue

be

will

made

converting

stock expires

of

10

par

15

the

quarterly

the

capital

(not Nov. 25

dividend

stock,

as

of

40

cents

is payable Dec.

previously reported);

share,

per

10

to

holders

payment

See V. 156, p.

record

Nov.

21

March

31,

and

1942.

June 30,

—V.

156,

Operating
Opreating
Other

9 Mos. End.

•Net

profit

Earns,

Sept. 30—-

1942

-

1941

1940

$$1,564,577 $$2,255,876

-

made

on

Payments

debentures

per shr. on

com.

$3.55

.

$556,209

23

holders

to

Sept.

$2.81

of

of $625,000 for war and post-war reserves.

lAfter taxes of $4,410,775.
Profits for the first six months of the current year to June
30, 1942,
were previously reported on the basis of tax rates as
provided in the

House bill.

After adjustment

of taxes .to the law

finally pas'kfed, net
profit for the first six months was $1,673,155, after taxes of $4,398,483, but before provision for war and post-war reserves which
reduced the net profit to $1,548,155.—V. 156, p. 1695.
as

(A. E.) Staley Mfg. Co.—To Pay Dividend of 50 Cents
Common Stock—All 7% Preferred Stock to Be Re¬

deemed—'
The

Int.

Dec.

10.

and

Dec.

The

on

Like

20,

amounts

to

holders

paid,

were

a

dividend of

payable Dec.

of

$5

declared

the

cumulative

holders of record

dividend of 3Vi%
to

$10,

on

June

21

50

to

20, last,

cents

holders

on

record

the 7%
Nov.

7% preferred stock, said in part: :
193?

the

company presented '.to* holders

whereby-holders, could

exchange :thelr

of

7%

preferred stock ft

shares

for

shares

of

The

changed shares of 7% ^.preferred stock

as

soon

as

possible,

tion om Jan. 1, 1943, at. $110 per
share, the 6,860 shares of the 7%
preferred stock now-outstanding.
\
The registered holders of .the. outstanding shares called for
redemp¬
tion will receive by mail in the pear future a notice of
redemption.
After Jan. 1, 1943, jio further dividends will accrue.
After Nov. 28,
1942, the stock transfer books will be permanently closed against
further transfer of .shares of 7% preferred stock.—V,
156, p, 1782.
•

,

Standard Gas & Electric
Electric

Standard

1942, totaled 169,450,000 kwh.,




de

8,700

109,495

57,733

10,836

126,706

parte

of

T.

in

Board

to

P.

the

stated
the

issue

W.

&

that

directive

hearing on this matter because
Government."—V. 156, p. 1783.

your

of

Washington, D.
Treasurer, with

the

announcement

of

C., has joined this corporation
headquarters in Kansas City,

Nov.

on

of

17

E.

Lee

Talman, Vice-

Treasurer.
has

been

associated

initial

dividend

with

the

War

stock,

Co.—Initial Dividend—

of

payable

30

cents

Dec.

13

42,618

44,033

7

share

per

holders

to

has been

of

record

declared

Nov.

the

on

27.—V.

156,

$14,165

$163,381

$187,019

85

Drl,447

Dr626

$14,250

$161,934

$186,393

be made

454

3,179

6,822

99,042

84.180

Crl9,357

114

$79,070

$96,877

35,000

$11,916

preferred

35,000
$61,877

$6,974

stocks

Sell Ohio River Utility—

for permission to

directors

the

on

Like

the

Associated

Gas & Electric Corp., applied
sell for $195,000 in cash all the'
Ohio River electric division.
The sale would

County Rural Electric Cooperative Corp. and the
Cooperative Corp.—V. 156, p. 1511,

Nov.

on

common

amounts

stock,

were

declared

18

payable

paid

dividend of

a

Dec.

this

on

10

issue

as

to

26 cents

holders

June

on

of

10

per share

record

Dec,

1.

and

Sept. 10, last,
March 11, 1942, and on Oct.
26,

compared with 37 V2 cents each on
1941, and 25 cents on April 25, 1941.
The directors also declared the
regular quarterly dividend of $1.37 Va
per share on the 5%%
pref. stock, payable Dec. 15 to holders of
Dec.

5.—V.

156,

1246.

p.

Twin City Rapid Transit Co.
9 Mos. Ended

Operating
Operating

(& Subs.)—Earnings—

Sept. 30—•

1942

revenue

funded

10,94$

$760,741

579,992

613,503

debt

Amortization of discount

Net

$749,794

13,808

$1,707,354

.

income

"Federal

5,555,423

taxes

Operating income

on

$6,305,217.

6,360;440

$1,693,546"

&

expenses

Non-operating income
Interest

funded debt—

on

40,529

debits

income

income

1941

$8,053,986

-

11,852

494,400

surtaxes——

i.

_

42,717

14,515

and

5,450

Cr 2,034

to

of

SEC

to the Meade

Miscellaneous

9,047

unit

a

the

Green River Rural Electric

Gross

.

-

to

properties composing its

130,542

3,571

s.

cons

directors

Dec.

on

and

Nov.

on

the

common

Nov.

51,956

$377,917

$40,713
"Provision has been made for Federal income
and surtaxes at the.
rate of 40% of the taxable net income.
No provision is required for
excess
profits taxes on the basis of computation of the credit for
invested capital, which is subject to review
by the Bureau of Internal
Revenue.—V.

156,

—

—.

615.

p.

Union Investment Co.—20-Cent Dividend—
The

directors

have

declared

regular

stock,

28.

16

An

dividend

of

five

156, p.

cents

share

per

1.

April

of

cents

five

quarterly dividend of 30 cents per share
$10, both payable Dec. 15 to holders of

par

extra

15, last year.—V.

extra

an

also

was

paid

1510.

stock,

common

Dec.

declared

10,

follows:
Dec.

no

Distributions

dividend

a

July

1

10

of

Dec.

each

cents

20

15

were

cents

per share on
holders
of
record

to

made

this

on

issue

on

Oct. 1, last..
Payments during 1941 were a3
July 1, 10 cents each; Oct. 1, 28 cents, and
cents.—V. 155, p. 1319.

April

18,

payable

par,

of

10

1

and

and

United Air Lines Transport Corp.—Air
Cargoes
Show Big Increase—
'

Again

.

Continued

Tacony-Palmyra Bridge Co.—Dividends—
25

directors

cents

paid

per

Nov.

on

17

declared

regular

a

quarterly

dividend

of

share

on
the no par value common and class A
stocks,
30 to holders of record Dec. 15. Like amounts were
issues on June 30 and Sept. 30, last.

these

on

Previously* the
company made quarterly distributions of 50 cents
per share on the
common and class A
stocks, and, in addition, paid an extra dividend
of 25 cents per share in each quarter
during 1941 and 1940.
•

The

share

per
of

directors
on

also

declared

the 5%

record Dec.

The
per

the

pref. stock,

17—V.

directors

share

Dec.

14.

stock

July

156,

extra

The

April

Oct.

of

on

Nov.

addition

p.

usual
par

quarterly

dividend

of

$1.25

$100, payable Feb. 1 to holders

1695.

par

10

1

1,

$9,

cents

declared

an

a

dividend

of

both
of

July

and

18

to

Distributions

on

1,

in

stock,

common

Dec.

also

10

payable
cents

and

1

27,

was

Oct.

1941.

Dec.

each

1,

extra
10

Oh

26

were

last,
the

dividend

cents

to

per

holders

made

and
last

of

on

10

share
of

the

on

Jan.

1,

mentioned

cents

on

the

St., N.

14,

to the

large air cargo gains, due largely to war production
shipments between cities from coast to coast, were reported last
week by United Air Lines in estimated
figures for October.
A

C.

month
the

1,

p.

flown

compared

The

ago.

flown

figure

daily

does

by United

with

307,762,832

not

in

include

contract

in

the

cargo

the

same,

considerably

services

for

Government.

the

pick-up and delivery system for all

1615..

express

gain

a

*

serves

packages.—V.

156,

■

.

A

par

dividend of $2
$5,

with

payable

$1

paid

per

Dec.

on

June

share has been declared

15

holders

to

15,

of

record

last, and $2 each

on

Dec.

on

the common stock,
This

I.

June

compares

16 and Dec.

15,

1941..

paid.

Changes in Personnel—
Raycroft

in

the

sinking' fund.—V.

154,, p.

1152.

Walsh,

Vice-President.
of

sinking fund, at prices not exceeding par and int., of as many
purchase money 1st lien 6% sinking fund
gold bonds as will exhaust
held

year

being

pound-miles
was
reported by
express mail-freight department,
approximately 755,069,000 express

express

United's

United Aircraft Corp.—To Pay $2 Dividend—

Chase National Bank of the
City of- New York, trustee, 11 Broad
Y. City, will until 12
Noon, Nov. 27, receive bids for the sale

now

in

director of

pound-miles totaled approximately 1,453,404,000 for
of almost 106% over the
706,087,845 flown in October,. 1941.
The
Air
Express Division of the Railway Express Agency

directors,

the.sum of $13,335.60

145%

over

Mail

record

an

a

mileage

common

date

of

Graddick,
the

company having
pound-miles in October as

the

April

gain

P.

with

as

in' addition, declared the usual quarterly dividend
of 68% cents per share on the
6Vz% participating preference stock,
par $50, payable Jan. 1 to holders of record Dec. 15.—V.
156, p. 1614.

The
.

compared with 159,678,0000 kwh, for
the corresponding week llast year, .an increase of 6.1%.—V.
156, p. 1782.
as

706,177

Tennessee Consolidated Coal Co.—Tenders—

Co.—Weekly Output—

output of the public utility operating companies in
Gas & Electric Co. system for the week ended Nov.

ex

Tri-City Utilities Corp.—To

$1,125,504

706,091

(James) Talcott, Inc.—Extra Common Dividend—

Pursuing this plan, the-.company, redeemed 4,000 shares of 7% pre¬
stock on Jully 1,-1941,; leaving 6,860 - shares
outstanding. It is
the -intention of the company, in ;the exercise of its right reserved
.under its certificate,of .incorporation, ns amended, to call for redemp¬

•

$1,148,291

consistent-

now

the

than

...

the

on

with .sound financial, management of the company.
ferred

the

156,

Company,

1942—12 Mos.—1941

58,086

bonds-

applicable

share

per

$5

cumulative preferred stock.* At that time all such holders were
informed that it was "the intention-of the
company to retire the unex¬
series

of

of

790.

Earnings—

both payable Dec.

letter to the Holders of

other course

to

Inwood

•Nov.

provisions for Federal taxes of $4, 196 for the current
$15,448 for the twelve months ended Sept. 30, 1942/ addito the amounts required under the
Revenue Act Of 1941.—V. 156,

The

redemption-

an

defiance

Transwestern Oil

the

28.

a

31

25 cents each,

$95,358

Dr9

1246.

10,

for

President

1695.

p.

and

tional

p.

and the usual semi-annual
preferred stock, par $100, payable Jan. 1

A. E, Staley, Jr., Nov. 18 in
In

20

forth

set

as

Labor

■

and Dec. 22,

$44,070

share
record

and on June

outstanding 7% preferred stock has been, called
"on Jan. 1,1943, it was announced.--

plan

of

regular quarterly dividend of $1.25
stock, no par value, pay¬

All

;

per

dispute

would

refusal

War

1942,"

public member

no

company's

National

of

return

"Includes

preferred
Dec.

common

Nov.

3,543

income

record

also

the

share on
Dec, 21

declared

17

par

the

on

record

Sutherland Paper Co.—Extra Distribution—

1941.

directors

per

able

Nov.

stock,

common

labor

A

corporation

the

of

duration

Truax-Traer Coal Co.—20-Cent Common Dividend—

10,983

and

Dividends

the

of

the

the

effort.

carrier

of

McNear,

an

and

Mr.

The

46,887

res. approps.

chgd. to

Net

with

Inwood

President

into

16,417

mtge.

R.

Assistant
to

City.

called)

$96,768

expenses

$18,929

■

directors

the

on

revenues

int.

P.

Morse,

left

1782.

on

'

Other

George

conduct

according

National

A

1942—Month—1941

income

month

on

30-^-

taxes

on

of

Sept. 23,

for

war

Transcontinental & Western Air, Inc.—New Officer-

p.

1945,

last,

1941

$18,938

Int.

to

was

to

capital

21.

$1.62

$5.17

*After providing for depreciation, estimated Federal and State
taxes,
and all other charges,
f After taxes of $6,303,594 and provision

reserves

the

conditions

determination

continued

Louis
as

2,

aS against 25 cents
were
as follows:
March

30,

and Sept. 30

taxes

Other

of

the

denies to Mr. McNear his request of Oct.
17,
subsequent requests for a hearing before the Board for the
pur¬
of
reopening the case.
In the
letter
to
Mr.
McNair, Dean
Morse
pointed out
"much
against
its preference, the Board
was

An

1,

Chase

(just

1942.—V. 156, p.

during

40 cents each;

1939

$1,263,002

of

mentioned above.
The order of the Board

,

1158.

p.

Prop, retir.

Square D Co.—Earnings—

Board

record

"Federal

1782.

Jan.

The

share has been declared

payable Dec.

was

Period End. Sept.

declared

recently
of

June

11 Broad St., New York

$458,800

Dec. 23,

on

cents per

cents,

similar

$1,670,097

Spencer Kellogg & Sons, Inc.—Dividend Dates—
The

30,
-

due

at

Superior Water, Light & Power Co.

on

Jan.

on

154, p. 1532.

debentures

City of New York, trustee,

of

Government

interests

of

management

order

$1,000,000 of debentures recently called for
15, 1942, there have been called for redemption
through operation of the sinking fund, a total of
convertible

dividend

stock,

the

"continued

or

and

Sunshine Mining Co.—15-Cent Dividend—
A

15,238,228

$1,618,138 $14,792,558 $14,691,403
:_J—*1,420,340
1,337,894 *12,357,704
11.994,559
*1942 Revenue Aet increases taxes
by approximately $219,200 for
month and $1,879,500 for 9
months ended Sept. 30,
1942.—V. 156,
p. 1421.

the

of Dec;

1942—9 Mos.—1941

1,694,804 *16,605,591

this

on

since.—V.

none

10-year

of the

common

$9,133,578 $88,251,379 $80,015,112
33,718
321,239
301,182
5,788,918
56,531,991
49,784,299

35,449

,

6,575,000

expenses

final

the

the

1943,

of

Privilege

Southwestern Bell Telephone Co.—Earnings—

Operating

made

were

29, 1941;

to

as

2,

$458,800

additional

Bank

Operating

amount

(The) Studebaker Corp.—More Debentures Called—

extent

converting said bonds into common
ercise the right subsequent" to such conversion to
purchase
shares of common stock for cash.—V.
156, p. 1510, 1614.

1942—Month—1941

like

and Dec.

*

Gas

to the

so

Period End. Sept. 30—

cents per share has been declared on the common
$10, payable Dec. 7 to holders of record Nov. 23.
Distribu¬

par

tions

that

management
and

the

of

and

dividend of 25

stock,

stockholders

convert

to

company

the

the

of

the

provisions

Production Board
its predecessors for
nearly two years. In his capacity as assistant
chief of the aircraft priorities
branch of the WPB he assisted in
planning distribution of materials for aircraft producers.—V.

1158.

p.

Stix, Baer & Fuller Co.—Resumes Dividend—
A

extent

cash

of

the

shares

of

bonds

the

sale

in

terms

yesterday Wayne L.

$2.71

post-war refund, for the nine months of this year was based
preliminary study of the Revenue Act of 1942, and for the three
months ended Dec. 31, 1941, has been
computed at the rates then in

on

opinion

direction

to

the

letter

a

your

for

ance

into

the

its

as

the

the Government should manage
of the railroad for the duration

$788,057

profits

New

to

stock

common

amount

of

and

the

and

the 240,584 shares of
exercise of subscription
Such

securities

exchangeable

the -basis

reorganization

underwriters.

the

and

that

plan ,of

the

Southern

and

upon

of

the

upon

and

Eastern

stated

railroad

21,

with

pose

exchangeable

company

March

imperative

accept

In

record

*After provision for estimated income and
Provision for Federal income and excess

t2,441,800

(Assumes exchange by holders of all of the
outstanding shares of
preferred stock of New Mexico Gas New Mexico Eastern and Southern

Mexico

the

accordance

management

under

is

in

only result in further labor trouble, because

to

Board's

profit

Earnings

$966,440 shs.

Into debentures of the company.
tAssumes. exchange by all of the holders of

war

that,

of

the

railroad

of

share

per

record

said

Board

forced
"Net

$3,650,000

$2,441,800

1,000,000 shs.

—„

that the railroad should not be returned to
of its owners at least for the duration of the
war,

Order

the

Earnings for Year Ended Sept. 30, 1942

Outstanding

"Unlimited

—

cents

Payments during 1942 will total $1.50 per
share,
$2.50 in both 1941 and 1940

3%%

debs., due 1967$1)

payable

60

16, 1940, and 25 cents

The
on

follows:

as

stock,
with

Nil

1062.

Board's Directive Order of

Southern

difference,

reorganization,

capital

1941

*$52,953

$5.47

-

stating

Board

the

Pay 75-Cent Dividend—

Standard Stoker Co., Inc.—25-Cent Dividend—

will

to

156, p.

arrange
for
the war.

$4,922,971

1695.

compares

Dec.

the

company

the

by

stock to. be outstanding
debentures and common stock of

plan

the

order

Executive

$6,546,296

difference

in series, unlimited except for certain restrictions
imposed
by covenants and provisions specified in indentures.

Mexico, Gas, New
common
stock of

tive

The

$1,261,585

1942

share

The National War Labor Board
on
Nov. 7 announced that because,
the
continued
defiance of
the
above
company
to
the Board's
directive order of Sept. 23, the Board
has issued an unanimous direc¬

$3.70

declared

This

of

$6,444,171

$0.96

18

the

on

3.

Toledo, Peoria & Western RR.—Continued Operation
by Government Asked by Labor Board—

1942—9 Mos.—1941

$1.02

Nov,

Dec.

$349,797
preferred

per

"Loss.—V.

this

payment

made

taxes

on

record

income

Earnings

1614.

p.

1,889,682

directors

the

This

Co.

Production

The

company

such

from

$250,000,

'■Issuable

thereon

like

$1,691,189

to

156, p.

The
on

of

capital

fund

(par

first

also

the

A

$1,791,984

Stone & Webster, Inc.—To

serially

surrendered

by

the

series, due 196225-year sink, fund 6%
Common

156,

the

was

were

on

management
*Prov.

said

Production

merger.

bonds

of

and

sum

Southern

by

amount

a

Union

received

capital

the

$300,000,

the

said

of

wholly

a

maturing

Authorized

sink,

which
each

1942—3 Mos.—1941

chgs.
share

Amt. to Be

mtge.

1941.—V.

after all

Earnings

bonds

convert

,

First

29,

period End. Sept. 30—
*Net

will be
of common stock

be

company

through

of

in

bonds,
to

29

last,

been declared

of

6 Mos. End. Oct. 31—

Net

Sterling Drug Inc. (& Subs.)—Earnings-

the
that

per

the

was
paid on Nov.
Distributions of 50

Sept.

company

loan

Southern

bonds

amount

sum

of

the

to

will

bank

a

amount

Co.

debt

pursuant

7,

year.

stock¬

of

has

10 cents paid on

20

Thompson-Starrett Co., Inc.—Earnings—

Spring Co.—50-Cent Dividend—

addition

In

holders

dividend of 30 cents per share
payable Dec, 15 to holders

stock,

July 1, last; 40 cents on Dec. 11, 1941,
cents on June 26,
1941.
The previous payment was. in
May,
1930, when 50 cents was disbursed.—V.
156, p, 151Q.
and

,

year-end dividend of 50 cents per share has been declared
common stock, payable Nov.
30 to holders of record Nov. 24.

com¬

for

year-end

compares with

plea to the court the company asked that the question
certain issues
regarding catalytic refining processes are

A

$100,000.

The

pany

which

make

the

Southern

the

be

shares

extent

19,374 shares

pay

contribution

a

Co.,

will

$350,000

Production

A

common

The

surrender

principal

and

company
constitute

of

in

will

from

the

the

of

order to

an

South¬

the

Eastern
of

of

To

.

the company.

stock

loan,

such

cancellation

Co.,

will

240,584

subscribed

Mexico

aggregate

period

of

of

stockholders,

common

Production

company

Eastern

from

to

New

company,

five-year

a

,Thermoid Co.—30-Cent Year-End Dividend—

would

recommendations

asked the court for

company

share.

per

Union

subsidiary
over

not

are

and

an

the

interest

•

Standard Steel

3%%.

bonds,

stock

common

share.

per

purchase

and

Gas

debentures

for cash at

Mexico

$1.50

offered

so

sinking fund

of

aggregate

an

at

cash

be

Mexico

into

for

to

holders

New

cash

subject to

are

mortgage

and

company

offered

so

holders
to

first

and

for

the

of

of

above),

Gas

purchase

to

stock

mon

$3,650,000

1962

with

public

second

a

whether

scrip.

addition to the securities to be issued in exchange for outstanding
of the constituent corporations,. the company will issue and

sell

The

1695.

p.

securities

series

compliance

the

subject to the consent decree be postponed until after the war.—V.
156,

.

In

its

that

amounts

said

debenture

of

by

said

company

,

may be first applied toward the
Therefore, the maximum amount of
debentures, at any
time outstanding, less • the amount of cash de¬
posited with the trustee, shall not exceed at any time $2,441,800
principal amount.
so

served

the

effect,

In-

applied toward .the retirement of outstanding debentures through:
purchase thereof; at prices; not more " than the redemption price
thereof, or toward the 'retirement of outstanding debentures selected
by lot; provided, however, if the board.of directors of the corporation
shall

spetition

Petroleum Coordinator.

be

retirement

it

In

the

formerly

Vice-President, has been elected Senior
General Manager of the export division
a Vice-President.—V. 156, p. 1783.

J. Reed Miller,

corporation, has been made

United Gas Improvement
The
ended

electric
Nov.

11,836,103
V.

156,

p.

output

14,

kwh.,
1783..

1942,
or

for

the

10.4%,

Co.—Weekly Output—

UGI

amounted
over

to

system

companies

for

the

week

125,882,135 kwh., an increase of
the corresponding week last year.—

The

•

the

of

were

company

would have paid had it called its bonds before maturity as
a
going business, rather than after its dissolution was ordered by the
Securities and Exchange Commission.
The company already has redeemed the bonds at par and accrued
interest and set up in a
separate fund the difference between par
and the call price, pending the decision.
The company was ordered dissolved and liquidated by the SEC on
March 20,
1941, under provisions of the 1935 Public Utility Holding
Company Act.
The New York Trust Co., as trustee under two debenture issues of

}

income

to the Revenue Act enacted in September, 1941,

restated to give effect

Years Ended July 31—

of
the

that hearings be resumed on Dec. 1 on appli¬
sell $4,000,000 serial notes for plant expansion.
approved the sale on Oct. 31 so that the com¬

to

company

Commission

could issue the new notes
the terms and conditions
the treatment by
allowed for -Federal income

pany

for

tion

a

cipal and accrued interest on the bonds only.
The Circuit Court, holding that the SEC acted

cents

15

each

were

were

each,

47,431

$90,734

banks and

in

Cash

Inventories

—

plus

reserve

"

703.

structure, it was stated.
The short lines involved

Southern
&

Etna

$172,941;

and

Montrose

proposed

the

purchase

surplus

Earned

record

declared

12

Nov.

on

of

quarter

fourth
10.

This

Sept.

Dec.

and

20

19,

payable

with

compares

and

last,

dividend

a

1942,
20

of

Dec.

cents

10

cents

Extras of 5 cents each were
and Dec. 20, last year.—V. 156, p. 1160.

tLess

revenues-!—

Operating

expenses-—

131,537

per

V.

M,

1942—12 Mos.—1941

1,043,493

1,404,467

91,147
620

28,332
70,973

on

69,329

Federal
State

$36,817

Net

471,286

583,587

Earnings

$46,745

$51,688

49,963

50,763

606,032

609,150

2,113

1,246

22,929

!—

$321

$5,331

taxes of $6,000 for the current month
30,

Sept.

1942,

additional

to

of

amount

the

of

.

Utah Power & Light Co.—Earnings—
Period Ended Sept. 30—
revenues

expenses—-

___

1942—Month—1941
1942—12 Mos.—1941
$1,458,105
$1,285,805 $16,378,152 $14,857,785
647,056
570,131
6,971,889
6,412,618

"Federal taxes

198,555

99,201

1,867,860

128,147

135,326

1,710,020

99,309

1,207,488

Amortization of limited-

150

150

1,800

900

$382,697

$381,688

$4,619,095

$4,631,586

1,185

230

7,001

5,150

(net)-—

the

Interest

on

Interest

un

Other
Int.

int.

$383,882

$381,918

$4,626,096

$4,636,736

185,172

189,028

2,253,516

deb.

bonds-

25,000

25,000

300,000

deducts.—

15,161

14,492

189,532

income

$158,549

$153,398

$1,883,048

$1,896,449

to pfd. stocks—

1,704,761

have

the

month and

.

the

for

Federal

$178,287

—

taxes

of

$60,000

$191,688

the

for

$453,400 for the 12 months ended Sept. 30, 1942, additional
required under the Revenue Act of 1941.
and unpaid

to

Sept.

30,

1942,

after giving effect to dividends of $1,75 a share on $7
pfd. stock and $1.50 a share on $6 preferred stock, declared for
payment on Oct. 1, 1942.
Dividends on these stocf are cumulative.
—V. 156, p. 1784.

1942—Month—1941

The

Beaver

of

Preferred

the

Balance for
"Accruals

1942

will

10,962

$37,597

$43,707

$27015

in

3,792

3,208

1,884

7_

i.i——ti,

—

27

■

State

connection with

900

settlement—

tax

stock

income

4,605

45

;

bank loans—!—'

on

interest^

Nret

»

1,575

taxes.——

2,154

1,144

1,037

1,000)

1,597

taxes—

income

State

-1'

income

,

taxes..—

2,100 j

Balance

Dividends

interest

and

Investments

securs.

5,696

—

8,494*

1,211,958
849
651

610,
465

equipment—
—;
Prepaid expenses and other deferred items—

■....

20,836

r.——

1,065,011

;
——-

»'

1941

$28,705

$65,812

—_

brokers.;

receivable

—

and

Furniture

thru

1942

*

'
!_

sale of

on

$30,477,

,

Sl»eet, Sept. 30

—

due

rec.

1,500

$35,328

$29,595

7

'
—

Accts.

r~

__,!——

———

Assets—

»

Cash

.

.

.

,

.

—

-

•

Operating

bond

be

taken

in

the

if

up

has

be

called

by-laws

by

"Federal
Other

Net

210,167

2.662,498

2,470,724

Int.

5,611,000

2,880,945

Other

180,037

2,345,688

2,077,036

Int.

$488,327

$5,168,304

$5,606,839

24,817

337

174,635

38,915

152,058

1,815,246

$3,178,423

$3,791,617

1,171,602

1,171,602

Other

debentures,
made

at

the

of

Called—

stock

Federal

and

surplus.

income

$2,006,821

(normal and

surtax)

redemption,

excess

profits taxes are based upon the 1941 Revenue Act plus an added pro¬
vision of approximately $1,500,000 for additional taxes which may be




for retire, of

Liab.

in

pref. capital sto'ck
with privilege div. taxes...

connec.

stock

Common

Capital

($1

surplus

-

.

par)—

!

—...

———

Earned

surplus
3—
■{Unrealized depreciation

.

1,248

'

1,089
535
352
9,426
441,568
490,953
385,778
Dr447,402

payable

Prov.

$3,569,
250,000

,

250,000

.

...

500
352
9,409
478,627

.

.

521,747!
384,656
Dr378,616

'

•

—

$1,271,493

$1,137,594

—

156, p. 1064.

!

Wood Newspaper Maehinery Corp.—Earningsi

■

•

Earnings, Year Ended Jnne 30,

1942

'

$1,637,769
"Cost

of sales...

:

royalties, etc.

f>.

1,216,954

—

—

received——^——_!_7—

Cr8,743

^

48,12ft

and
tax

'

excess

156,

r

1338.

p.

Profit

income

(&

1942—12 Mos.—1941

■

$955,437 $11,756,045
516,286
5,190,702

$11,418,487

1,381,820
1,144,191

1,137,551'
1,167,741

94,036

-5*181,633

'

chgd.

;

1,089,091

1,096,604

$2,834,958

2,658

39,736

38,072

$211,255

$169,302

$2,989,977

$2,873,030

64,167

64,167

770.000

6,184

16,201

87,433

213,057,

"Includes

Cr5,080

preferred

:

provisions

.$88,934
Stock
—

—

for

$1,512,450

—

Federal

$2,134,968
622,518

taxes

of

1336.

on

the

common

record Dec.

15.

on

Nov.

stock,

17
no

additional

possible
>■

.*r

Sheet,

.

income

Federal

*.-•*•

•"
tax

'

,

liability

under

''

June 30,

-

1942

•;

*

,.r

•

;•

"
■

j

declared
par

Distributions of

a

value,
25

dividend

payable

cents

each

of

622,518^
$1,272,535

Liabilities—Accounts, payable; $54,262;* accrued: taxes,' commissions'
royalties payable, $39,360; Advances received on contracts (less
on
contracts to June 30, 1942, $376,755), $165,461;
reserve for
estimated Federal, income and declared value' excess, profits' taxes,'
!

$115,000; advances from U-. S. Government agency under war
$124,614;

15

Jan.
were

Dividend,—»
to

made

share

holders
on

of

April 1,

contracts,;

subscriptions to U. S. War Bonds, $6,806;

reserve

contingencies

—V. 156, p..

1064..

.

...

:

-

The

the
A

directors

on

Nov.

"

,

Wright Aeronautical

cents per

2

employees'

(including possible additional Federal income -tax:
liability under pending' legislation), $54,806; capital stock; $2,121,148;*
capital surplus, $153,672; earned surplus, $326,855; total, $3,161,984.

for

;

;

directors

$1,895,053
,

the" currenf
1942, additional
1941.—V. 156,

West Virginia Pulp & Paper Co.—Smaller
The

770,000.

for

$35,514

month.and $299,699 for the 12 months ended Sept. 30,
to
the amounts
required under the Revenue Act of
p.

depreciation of fixed aSsets

cost

$140,904

_—

$176,003
provision; for

of development expense.

and

Cr2,424

.

to construct.

Balance

50,000

.

-

2,014

applicable to

115,000

Assets—Cash.in banks and on hand, $257,032; U; S. Government tax
anticipation'"certificates,* $20,040; notes' receivable,/ $6,300; "acc6unts
receivable, $250,002; inventories (less advances to cover cost to date
of contracts in progress, $376,755),; $456,860; special, deposits, $131,420!
land, buildings/ machinery,- equipment; patterns, jigs, etc. (less reserve;
for, depreciation
of $1,074,909)! $279,943;. autoplate and newspaper!
printing press development and other, deferred expenses, goodwill and
patents (less reserve for extinguishment of development expense and>
patents of $455,524), $1,684,089; cost of tools, patterns, etc., $71,316;'
prepaid insurance; , etc., $4,982; total, $3,161,984.
*

$2,950,241

(net)

Net* income

1,833

declared'value

and

year

royalties paid,

Balance

90,939

deducts.—

&

the

pending legislation.

$166,644

90,444

income

int.

income

taxes——.

extinguishment

tlncluding

Subs.)—Earnings—

87,532

$209,241

mtge. bonds

on

Fed.

for; contingencies!—!—!—-^-!-!!——!—-!.

for

"Including

re¬

revenues

38,595

general expenses.'—.—
——
paid on royalties received.;

estimated

profits

tProvision

83,833

—

for

Provision

will be outstanding in
debentures owned by the

134,060

——

appropriations-

oper.

-

income

there

1942—Month—1941

taxes

retirement

Dividends

$2,620,015

and

Dividends

British

v

,*:'..

the

of the public," after deducting
$10,138,500 principal amount.—V.

taxes

Gross

1,776,307

$335,923

7

payable 7.i—

Administrative

redemption as of Dec,- 18 a total of
series due
1948,
at 100 Vz and int.
Manufacturers Trust Co., trustee, 45

550,716

285,900

150,876

——!

loan.—.

$5,294

,

that

for

Operating expenses

673,800

$5,567,924

!_!—

—

indenture.

$1,068,294

1,796,720

$4,993,669

$1,271,493

$1,137,594

—

.!„_

;

"tin value of,marketable securities,—-V.

8,614,830

-$487,990

bank

Accounts

Total

18 approved
These In¬

adjourn the meeting until Nov.

to

changes

revenues

2,214,749

.

taxes

Demand

will

it

—

Liabilities—

Accrued

1

•

.

Total—
.

Bank

National

First

the

,

,

Interest,

completion

serve

$28,203,336 $23,447,094

requirements

common

for

$21,410

Dr149

*

6%, debentures due April
on'April 1, 1943, at 100

at

made

that

new

voted

Period End. Sept. 30—

1942—12 Mos.—1941

$238,837
dividend

.

.

.

20-year

Washington Water Power Co.

v

10,201,096

$389,714

amortization

16,844

$32,699

—*

—7—^—

capital

and

$414,531

Balance

14,845

17,143

Co.—Stockholders Act—

certain

6%

of

hands

154,015

Qther income (net loss)

Interest,&

,196'
$38,553

$38,346

'

Wisconsin

1512.

will

company,

203,864

-

be

St., N. Y. City.

Upon

789,005

taxes

Balance

:

Company at a special meeting'held Nov.

corporation

Payment

226,935

revs,

-

,

redemption

for

will

announces

of

p.

$4,000,000

$2,107,451

Federal income taxes-—

operating

50,000

Warner Bros. Pictures, inc.—Debentures

161,544

Depreciation

Net

995

$49,543

,

Selling expenses

932,288

—

Maintenance

Other

8,737

(aver¬

secur.

basis)——

income

income

'

outstanding

called

directors

156,

$2,612,962

revenues..

Operation

'

Debentures—■

Payment

approval

of

—V.

Virginia Electric & Power Co.—Earnings—
Operating

cost

of

sale

Federal

$1,428,760
$1,311,820
$1.03
$0.94
10 % post-war excess

the

include

not

trustee, Boston, Mass.

Property

Period End. Sept. 30—

$29,620

9,780

$53,191

income;—!!——71

on

'

1940

$38,768

14,418

,

"

Interest

23, when*
and election of a
time certain pending
appeals relating to the reorganization plan have been disposed of,-

board

amounted to

$7,813,488,

-'

1941

$38,773

marketable' securities!.

Profit

390,990
1,473,452

—,

the capital
Distribu¬
15, 1941,

on

Months Ended Sept. 30

:

current

amounts

fDividends accumulated

do

'

been

questions

the
—

provisions

3')'&

^payment of l Ve was made.—V. 155, p. 2376.

a

administrative expenses.

profit

Other

capital set-up provided by the reorganization plan.

new

cluded

1,704,761

Balance

to

Cr8,146

——'

—,

—

Co.—Special Div.—••

special dividend of

a

income

Total

age

'

180,103

fDividends applic. to applic,

"Includes

;

marketable securities. '

on

on

Federal

424,649
6,567,207

_

—

share—!———

Warren Brothers

300,000

chgd. to construe.-

Net

1704.

Profit;

2,268,330

mtge. bonds
&

p.

Earnings for Nine

Net

$3,475,085
' - 30,870
217,952

.!!_*
profits taxes——

figures

$583,500

company

court

income

1941,

Other security

1941

$8,659,576
7,786
200,846

-

Stockholders then

Gross

June 27,

General &

30,327

!—<—
—

excess

above

Stockholders of
the

investments

income

on

Interest

.

1,158,473

Other

$7,585,834

16 to holders of record Dec. 4.
made on July 6, 1942,. and on Dec.

were

Dividends

purchase. from the holders
thereof, so
many
of these debentures as shall be surrendered for
that purpose either to the company at its office at 60 East. 42nd St.,New York City, or to the trustee at any time not later than Dec. 31,
1942, and will pay therefore immediately upon such surrender par and
interest to April 1, 1943, or $1,030 for each $1,000 debenture.—V." 156,'
p. 1784.
•

1,674,643

101,500

taxes

Prop, retir. res. approp.

revenues-

$975,268

of

—

refund.

Boston,

979,565

Other

oper.

each

;

and $26,834
in 1942 and

1942

amortization--

and

interest.

The

required under the Revenue Act of 1941,—V. 156, p. 1336.

Operating

1942

in

$29,238

•

drafts.

common

per

1,' 1955,

$3,858

$3,841

and

■"Includes provision for Federal

Operating

$2,380,228

taxes—

Redeem

To
All

Net

$8,032,450

——_

15,112

deducts.

ended

'

debt

profit

profits tax

$620,404

$625,120

and

and

Note—The

mtge. bonds

term

157495,

Wisconsin Investment Co.—Earnings—

(& Subs.)—Earnings—

Co.

income

$153,834

months

of

depreciation

Sept. 30—

funded

income

$4,009

Deficit

2'.4

Other

notes

Depreciation

8,041

5,227

on

Interest

47,679

and

—

—

Interest

$1,157,680

$1,657,606

$5,687

Gross income

declared

while

438.326
304,199

$2,944,025

have

directors

of

1336.

156, p.

Profits.

41,058

twelve

50,000.

125,000
..292,342

of

1135,000 shares common

Expenses

revenues—..

and

50,000

$1,597,237 in 1941 and $1,697,083
stock, of no, par value.
^Represented

depreciation

tions

350.

156, p.

Rent fr. lease of plant-

int.

898~015'

868,046

,

—

——:
for

2,563

,

1—17
7*--1

Willcox & Gibbs Sewing Machine
The

recently.
Vice-President

Laddon,

9 Mos. Ended

19,931

—,

taxes

on

r—

69,124

stock, par $50, payable Dec.

and General Manager of Consolidated,
has been
elected Vice-President of Vultee.
Mr. Woodhead and Mr.
Laddon
will continue
in their present
capacities at: Consolidated.—I.

paid on

share

6,106

Federal taxes

Other

1,792,500

*

$101,003

$163,261

Int.

2,205,700

1

reserve

1942.

.

resigned

who

Millar,

per

holders

to

share in preceding
disbursed on Sept. 20

1942—Month—1941

period Ended Sept. 30—•

Operating

oper.

$2,413,000

272,800
1,803,000

—

*.—»—

payable——77—1

by'shares of $100 par,-lV. 154,

President of the Consolidated Aircraft Corp.;-has
elected President of Vultee Aircraft, Inc., to succeed Richard W.

Walworth

Net

—

!ll_

——

"After

Woodhead,

Harry

been

cents

30

19

accounts

for

reserve

1941.—V.

in

_

doubtful

for

reserve

1941.

Co.—Earnings-

Utah Light & Traction

*

bills

—

Total

Vultee Aircraft Inc.—New President, Etc.—

per

also

quarters.

Other

—

;

reserve

Surplus

-

Upson-Walton Co.—To Pay 30-Cent Dividend—

June

$2,413,000
2,205,700

—

taxes,,

1942

"Less

■

of

61,186

.

stock
1
__!——!—!

income

and

Pension

38,282
15,000
962,560
75,000

.

439,384
347,024

——————
—

——

$884,141

the

.—_!—/

—

Total

in

directors

•

,——

—

—

par)—

surplus

Newburgh & South Shore Ry., $1,500,000; North¬
ampton & Bath RR.,
$846,627, and Youngstown & Northern RR.,
$240,100.—V. 156, p. 1615.

for

par)

tno

30,685
- 15,000
954,800
75,000

,—

—

($1

Capital

$140,120; Hannibal Connecting RR.,
$31,939; McKeesport Connect¬

RR.,

stock
stock

Common

Ry.,

Southern

Donora

$780,624;

Ry.,

declared

Preferred

ing RR., $1,000,000;

The

for

Accounts

161.529

54,618
49,500

$7,585,834

—

overdraft

$372,003
13,329,

392,276

—I

for contingencies—

Reserve

$309,942; Johnstown & Stoney Creek RR.,

share,

-$662,690
27,166

•

—.

—

for Federal and State taxes-

Dividends

$33,000;

Ry.,

———

expenses

Provision

follow:

prices

Carbon County

$1,200,000;

RR.,

Monongahela

&

Accrued

The acquisition will also simplify the corporate

through subsidiaries.

payable

Accounts

The corporation has
asked the Interstate Commerce Commission's
approval'to acquire direct stock control of 11 short line railroads now
owned by its subsidiaries.
The direct acquisition, the corporation told the ICC, will result in a
tax saving to U. S. Steel and its stockholders because dividends from
the railroad
companies will pass directly to U. S. Steel instead of

Connellsville

—

——

1

Liabilities—•

Railroads—

Birmingham

'

stock

Bank

1,000

1,896.074'

$8,032,450

loan

$2,380,228

—

'

——1—7

7

38,908
1,322,260

2,188,123
2,484
60,000
71,352'

'

!.—

Special wartime inventory reserve.

$2,944,025

—————

——

37,613
1.
1,602,142*

bonds.*

Victory Loan

charges

Bank

in
Total

Control of 11

United States Steel Corp.-^Seeks Direct

905,989

etc,.!!—

.

Reserve

9,585
10
992,299

10,502

Deposits in closed banks (less reserve)— —_
10
tLand, buildings, machinery and equipment-—
949,233
Established milk supply system—1,000

1941

$3,257,298

7

;

!

2'/£*

!

19^2

$3,208,052
' v '"862,684

'

'

investments,

misc.

"Liabilities—

*

,

'

'

-

-!__77

tCommon

10,670

—

£216,127

31

July

Sheet,

Total

651,886

Reciprocal insurance subscribers' fund and sur-

March 15, June 16 and
and Dec. 15, a year-end of 54 cents.—V. 156,

91,000
.—

!____!___u_;I!_!!—!!!7_!--—,!l

Canada

of

Deferred

2,608

773
171,263

9,780

1 [

I_

1

250,000
125,000

Balance

*.,

preferred

•

—

;

" 129,424[

k

7

—

Dom.

1941
$211,850
500,319

,

—,—

Prepaid expenses

.

1942
$1,362,659
.438,805

{less reserve).

receivable

notes

Cow

hand—.—„

on

119,569
' ''
'56,000

128,809 ;
arid

inc.

Dom.

buildings, etc._

Inventory

80

Sept.

receivable

"Accounts

45,655
134,538

memberships,

.

$304,199
$1.56

—'
At

7,42^

57,102
122,789

Patents, trade marks and goodwill.—1—1—
Accounts and bills receivable!!_—

213,352
$354,815
"
50,616

$346,546
$0.89

'

—

As

2,250

53,865
133,426

and

*

.*•,

estate,

Trade

-$141,463

298,497

.

Sheet

1,238

officers

Investments

113,751

$389,231
'" 42,685

j—..

declared-

or

Balance

against 32 cents on March 16, 1942.
Payments during 1941 were as follows:
p.

"Real

69,168

.

216,212
,

3,589

special war-time in v. res.

Assets—

v

*.$371,813

81.626
48,251

,

4,120

profit"7—JL-t:—Ir:'!-!!!—;!!L\"'$216,562 '* $227,279 \

Net

-

4,755

1941

$436,823

Assets—

year-end dividend of 40 cents per share has been declared on the
stock, payable Dec. 15 to holders of record Nov. 30.
Distribu¬
tions of 30 cents each were made on June 15 and Sept. 15, last, as

32 cents each,

.'••••

'•

$627,755

!—

executive

Consolidated

——

——.

surplus, Sept. 30—
per
common
share.—

Earnings

A

15,

——

paid

Earned

common

Sept.

31

March

surplus

Dividends

Dividend—

United States Tobacco Co.—Year-End

•!•;

4

*

1940

$589,111

depreciation--

Prov.

'

•

19^1 '

$913,655

profits taxes!-!'

for

Gash

Total

usual

.

/

,

1942

i—

!———_*——

——

surplus,

Earned

quarterly dividend of
50 cents per share -pp the common stock, payable Dec. 31 to holders
of record Dec.
13.
A year' ago, an extra of $1.50 per share was
voted,
while two years ago the company declared an extra of $1
(see V. 154, p. 1272).—V. 156, p. 1159.
the

declared

,have

directors

income

Net

'do.—No Extra Dividend—

States Gypsum

United
The

'

administrative and general expenses—
Depreciation,
————
Provision for Federal and State income taxes—

1942,

16,

.,./,r

.

Selling,

Payments during 1941
as follows:
March 15, 25 cents; June 14 and Sept. 15, 35 cents
and Dec. 15, 30 cents.—-V. 156, p. 791.
March

..

"

profit from operations, including income
from leased properties
.—
——

15 to holders of record Dec. 1.
Distribu¬
made on June 15 and Sept, 15, last, as

20 cents on

with

compared

'

End. Sept. 30—

for

for

excess

'J

loan——!—

——

for

Gross

capital

been declared on the

share has

cents per

$5, payable Dec,

par

of

25

of

dividend

A

stock,
tions

Milk Co.—Earnings—

Van Camp
6 Mos.

-

Co.—25-Cent Dividend—

United States Graphite

'.

•

——

bank

on

Provision

Prov.

Prov.

properly under pro¬
dissolution was fair

ruled that the order of
parties.—V. 156, p. 1695.

all

to

reasonable

and

law,

the ,1935

of

visions

of Nov. 2, it reserved jurisdiction

as

with respect to

and certain of United's bondholders petitioned the court
review of the SEC order, which provided for payment of prin¬

; '
1942 •'

!

fees

Remuneration
Interest

"

operations

Legal fees '

which should be placed in the order
the company of accelerated amortiza¬
tax purposes.—V. 156, p. 1696.
; •

to

as

United Light,

from

Directors'

has ordered

SEC

The

While

Earnings

,(&, Subs.)—*

Ltd.

Co.,

V

'•

'

SEC to Resume Hearings—

cation

Flour: Mills

Canada

Western

Earnings—

"

;

cents

1,* 50 cents each.—V.. 156, p. 1616.,

and July 1 and Oct.

each;

20, 1942 (1941, $1,097,500).
For comparative purposes Federal
and excess profits taxes for each month of 1941 have been

Sept.

company

1942.

and Oct. 1, last, as compared with r50 cents op Jan; 2,
during 1941 were as follows: Jan., 2 and April 2., 40

1

Payments

,

Appeals on Nov. 12 held that bond¬
not entitled to the 9 Vo premium , the

of

Court

Circuit;

S,

U.

holders

July

required under the proposed 1942 Revenue Act. This additional amount'
Is
being
spread monthly upon' the basis of taxable income.'
The
amounts shown above for Federal income taxes include provision for
estimated excess profits taxes of $3,946,200 for the 12 months ending

Co.—Denied Bond Premium—

United Light & Power

Monday; November 23, 1942

8c FINANCIAL CHRONICLE

THE COMMERCIAL

1872

12

•* -

-v "

!* V, V-

Corp.!—To Pay $8 Dividend—
declared

a

dividend

of

capital stock, payable Dec. 14 to . holders of
payment was made on this issue on Oct.

similar

compared with $4 per share on Dec. 14,

$8

per

share

on

Tecord Nov. 27.;
28, last year, as

1940.—V. 156, p. 1512.

>