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2'' 1344
MONDAY
ommeteiaL an
Reg. U.
PUBLIC UTILITY
-
have beep called for redemption as of Dec, 16, 1944 a total
gen., judge-'s,f: bonds due Oct. 16; 1954, at 102 and
'f payment will be made at The Royal-Bank of Canada in Halifax,
Saint John- (N. B.), Charlotte/town, Quebec, Montreal, Ottawa, Toronto,
Winnipeg, Regina, - Calgary:, Vancouver or VicCbria, Canada.—V,-'. 159,\
$58,000 of 6(7
int..
633.
p.
-
;
[■':1/1
^
,
.
declared a. dividend of
par value, payable Dec.
distribution* was made; on
pared with 25 cents each ton March 15 ;and
each quarter during, 1943;—y. 160, p. -826.:.....
The
reported to the New York Stock. Exchange a],
the amount outstanding of
installment ,
notes held-by
banks.. This reduction, made, in addition to regular
Semi-annual'instalments" of $750,0GQ, reduces the amount- outstanding
to ,$3,750,000, down from1 $5,250,000,
and constitutes full payment ofs
the
last 'two maturities,
due- July, 23, 1947, "and Jan. 23, 1948.—
V. 160, p. 2065,
1
/■
'■ '
;The
has
company
redheltion of $1,500,000 in
1803.
Declared
Dividend
deem Preferred
In
'
New
$10
Nov.
directors on
outstanding preferred stock,
the
upon
On
were
there was distributed to those
record holders of its preferred
the rate
at
enjoined from paying.
of $0.9219 per share.
In
connection
Feb.
business
"In February,
No.
dividend
1943,
1943,
15,
.
■,
Reserve
Banks
1943, there was declared a dividend (preferred stock
at the rate of $1.29 per share, payable on Feb. 23,
of
Co.
pending
the amount,
final
by the shid Court of Chancery of
the Court,' to be paid as counsel fees
complainant in certain litigation then
"For
such
counsel
fee
said
made
application to
share, instead of the $301,028 asked.
From
that decision said complainant appealed to the New Jersey Court of
Errors and Appeals,
in which Court the allowance as made by the
Court of Chancery, at the rate of 11 cents per share, was affirmed.
Thereafter said complainant made various efforts to have the amount
'of counsel fee as so fixed increased—all of which efforts were opposed
this
company's
counsel,
and
were
Exchange
and
stockholders' committee asked the Securities
Nov. 14 to disapprove the proposed sale
of its subsidiary, Minnesota
Co. for $625,000 and the use
Commission
the
of the
105.
of
proceeds to retire some of American's bonds at their call price
:
•.
Alfred
of
.
Bennan
28,543
American,
its
of
New
Yorksaid
,
that he
represented 12
shares, or 27T of,, the' outstanding
The proposed use of. the proceeds by
collateral
trust
bonds
would ,','b'y "unfair and
preferred
holders
stock
of
to retire
inequitable to such
American
\
uv .Can.
'
was urged, during oral argument to deny approval
recapitalization of the company is completed.
Mr.
Berman
made the point that if the proposed sale is effected, and
American's utilities are sold out of
the system, the jurisdiction of
the Commission would end and the government agency would have
no
control over the recapitalization.—V. 160, p. 530.
stockholders,"
The
until
he
Commission
the
17,931
—
$320,911
f$121,661'
Federal ..'income or excess profits taxes
.''■'.i '• .
provision necessary for
the periods,\. fLoss.-
.
..
,
,;.
Power Co., a subsidiary,
may he summarized as
;(»;'
;
•
189,527
25,944
to. sell and convey to Monougchela West Penti
electric production, transmission and distribu¬
West Virginia proposes
corporation of the properties
Utilities Co., to Northern States Power
11 cents per
unsuccessful.
As the result of
nil these proceedings there has been made by the Court of Chancery
Its final decree directing the payment out of the funds on, deposit, as
above referred to, of a counsel fee at the rate of 11 cents per share,
which amount, with interest as provided by law, has- been paid out of
the said deposited funds and the litigation is ended.
b.v
income.—
follows:
1,684
171,638
discount and expense—.
interest-—~
Company, and West Virginia Light, Heat &
have filed* with the SEC a declaration which
Opposed—
bv
1943
11,611
——
—
Sale of Subsidiary—
American Utilities Service Corp.—Plans to Sell Utility
2,687,422
debt--.——-X-a.—
of debt
Amortization
for
Counsel for a preferred
the
Chancery for an
at the rate of
long-term
.Taxes assumed on
Net
;
complainant
allowance of $301,028, being at the rate of
$1.64 per
share, to be paid out of the money so deposited.
That
application was opposed by counsel for the company, and as a result
the amount of counsel fee was fixed by the Court, at $31,839, being
of
$1,278,470
(Company Only)
$2,997,133
2,909,653
income—a.—------——————
Gross
^No
pending against your company.
Court
:
l'i Months Ended Sept; 3d
of Income,
Other. interest—,
shares outstanding at the close of
decision
to be determined by
1,748,317
3,118,794
$1,733,406
Co.—
$3,223,527
:
Interest on
decree of the Court of Chancery of New Jersey the company
permitted, on the date fixed for its payment, to make payment
cents
per share on account of the dividend so declared—the
balance of such dividend ($1.04 per share) being deposited in Hudson
and. costs to Oscar B. Ciutas as
Electric
$3,197,358
194,604
.
5,619
—...2311
Stock and Bond Averages.——-
$6,145,582
1,690,192
2,896,615
aX
1944
25
"Trust
$6,320,213
-——
income—a.--——i——— ; $3,429,757
General expenses----/-—200,110
TProvision, for taxes-——-——-—,—6,120
2329
Transactions New York Stock Exchange.—2311
Transactions New York Curb Exchange.—2311
146)
$5,927,818
217,764
Total
Federal Reserve System—
>
1,377,142.
$6,242,827
(subsidiary companies)..
Statement
2334
_
Statement of Member Banks
923,959
1,512,828
——
income
Net
'By
,
income-.
1,808,686
'2,033,533
77,386
income—
Associated
was
of
2,109,511
capital,
—
Condition
$25,186,440 $20,035,654
6,647,975
8,638,412
2,109,789
2,997,955
1,240,284
1,6*51,373
income—__—
Gross
i,
Exchange Rates
.2334
Combined Condition Statement of Federal
Mr. Hardy, in a
stock at the close
.
taxes
Deductions
Foreign
-y
;
.
.—2327
Other
Investment News.2289
State and City Bond Offerings and Sales—2338
Redemption Calls & Sinking Fund Notices.-2329
Dividends Declared and Payable.2329
The Course of Bank Clearings
_2328.
the amount which,
last mentioned payment,
of shares of preferred
said:
the
the holders of preferred
Feb. 15, 1943.
to
business
.
with
...a———.——
taxes—
—
(including State income,)-—-..-—
income
Federal
Miscellaneous Features
Jersey, the company
The distribution will be
record holders
the
letter to
of
been
purchased for resale-,.
gas
———
Prov. for retirement (deprec.) of fixed
General Corporation and
entitled thereto, viz.,
15, 1943, their pro rata shares of
ruling of the Court of Chancery of New
heretofore
and
Electricity
Maintenance
1943
1944
Sept. 30—
operating revenues——-.1—
Operating expenses-——-—
Operating
the
Domestic Subsidiaries)
(Including
.
-
Middle West Corp. group.—V. 160, p. 613,
is part of the
12 Months Ended
2326
Markets—.
may
10-day
Other
shares at the close of
business. Feb.
under the
has
Over-the-Counter
,
18
Nov.
those who
Toronto
;
Total
2326
__2324
Stock Exchange-—Curb Section--2325
Exchange
Stock
$1,03"
Associated Electric Co.—Earnings—
Montreal Curb ExchangeToronto
it
so
pany
-__--2324
l
$2,135,946
'1,600,000
asked the Commision to approve the transaction by Dec.
advertise for bids not later, than Dec. 12It also asks
period for inviting bids be shortened to six.days.
Com¬
Company
11
>that
-2323
Exchange
1942
1943
outstanding.
Exchange——.—__2323
Philadelphia Stock Exchange—
2324
Pittsburgh Stock Exchange.2324
Stock
"
1944
$2,365,566' $3,464,046
1,800.000
2,616,000
profit—:--i-—1-•—vVU-—$565,566
Net
Los Angeles Stock
Montreal
profits taxes-V
The
2322
—2322
2322
-
Detroit Stock Exchange
payable Dee. 21 to holders of
record Nov. 30,
Ended Sept. 30—
before;taxes'--—•
at
w--.
Stock Exchange—
Cleveland
Co.—Preferred Dividend-
of the board, announces that
17 declared the regular quarterly dividend, of.
102!q
Arkansas-Missouri Power Corp.—Refinancing—corporation has asked the SEC to approve the issue and sale
competitive. bidding of $2,000,000 first mortgage bonds, series. A
3!«V, to be dated Dec. 1, 1944, and mature Dec. 1, 1974.
Proceeds
from sales, together with treasury funds, will be applied to redemption
of $2,350,000 first mortgage bonds, series A 4V, due June i, 1965, now
Exchange
Exchange
__
;
Chairman
Hardy,
J,
Charles
Quotations
Exchange-Cincinnati Stock Exchange
preferred
stock have been called
$106 per
share, plus accrued dividends amounting to Sl.OO'l per share.
These
shares are
convertible into common until Jan. .13. 1945, when all
conversion
privileges expire.
Only preferred holders who convert ;
their shares into common stock on or before Dec. 12 will receive cash
dividends payable to common holders on Dec. 22, this year,—V. 160,
■
extend
1„ 1948,
and , to. redeem ,at
160, p. 1730,
$848,046
$535,946
$1.55
$0.98
,:!After*depreciation.- tOn 544,916 shares"of- common stock outstand¬
ing.
tAfter deduction of post-war refund,—'V. 160, p. 2087.
Exchange
Stock
Chicago
1.943 was $1,50 per share on the
V" "•
,
.
P. W.' Properties, Inc.;. to
,t Earnings per .share——--A-—.-;
(Bonds)--,^—-2312
2316
Baltimore Stock Exehange________
2321
Boston Stock Exchange—__2321
Dec, 22.
American Car & Foundry
Issue
St. Louis Stock Exchange-----.
■
.
the Paper company, due April
first'mortgage bonds of
April 1, 1965; with, interest.rate of 5,'.i.
all-6',o bonds not otherwise so extended—V.
to
$ Income and excess
v:. "Page
(Stocks)
•
Stock
York
of $4.23 cumulative convertible
for redemption Jan. 15, 1945, at
p. 2177.
':
'
Stock
York Curb
'
and only payment, in
common "stock <m,
outstanding share,-,
par
All
;
'
New
dividend on the common stock,
.
,
:
York
New
Dec.
per share.
The previous
.
to acquire all assets of A;
company
the
.}
22 to holders of record Dee. 12.
The board hud pre¬
viously recommended to .stockholders a reduction in the par. value of
the common from $10 to. 85 per share and issuance of two shares
of new $5 par stock for each share of $1.0 par now issued and out¬
standing.
This amendment is to be voted on at a special stock¬
holders' meeting Dec. 6.
If the amendment is approved and split-up
of common stock becomes effective on or prior to Dee. 12, the divi¬
dend paid on the outstanding $5 par common stock will be $1 per
share.
If the amendment is not approved, the dividend will be $2
payable
This
Stock and Bond
Stock—
have declared a cash
directors
The
on
■
>
yNet tnpome
Inc.—Plans Stock Split-Up—$2
Present $10 par Shares—To Re¬
Airlines,
American
;
V'
•
Archer-Daniels-Midland Co.—Earnings—
"r :
.
V'.,j '
-
2178.
p.;
A. P. W. Paper Co., Inc.—Bond Plan Approved—
i
The stockholders, at an'adjourned meeting held on Nov. 17 author¬
ized
directors,
among other
things, to exercise an option, of the
••
50-cents per share on
15 to holders of record
Sept. ,15,; last, as comJune 15, -1944, and in
160,
1943.—V.
Distribution—
Three Months
Co., Inc., offered as a secondary distribution on Nov. 13
a block of 5,000 shares of capital stock at $27 V'2 a share.
Concession to dealers was 60 cents a share.—V. 157,
p.
.
no
Corp.—Secondary Offering—Blyth &
Amerex Holding
''
have
directors
capital stock,
Electric Co., Inc.—Output—
for the
of 3.2V
week of
/
:
'
of the electric properties of this company
week ended Nov. 18, 1.944 totaled 88,390,000 kwh. an increase
over
the output of 85,670,500 kwh. for the corresponding
output
Fower-
•
.
Nov,: 24." A "similar
MISCELLANEOUS
-
American Water Works &
of the deposited moneys remaining
Guaranty Trust Co. of New York, dividend
to
American Meter Co., Inc.—50-Cent
the
Co.-l-Reduces'Bank Loan—
Alabama Power.
INSURANCE
-
amount
"The
ferred
There
of
INDUSTRIAL
-
has been trans¬
disbursing agent,
for distribution pi;o rata to those entitled thereto, viz.,. to the holders
of reqord of shares of preferred stock- at the close of business Feb. 15,
1943."rr-V. 160, p. 2065. "
-V'VL'-r-'-L ^V' '■ ■>' T.V v'''
'
Halifax—Calls Bonds
Refining Co., Ltd;,
Acadia Sugar
Copy
60 Cents a
Price
Corporation and Investment News
General
RAILROAD
Office
N. Y., Monday, November 27, 1944
New York,
Number 4337
Volume 160
S. Pat.
said.
.
Public. Service
Co.
its
including mateiials and supplies, for, a base cash con¬
$427,633, subject to certain adjustments.
Aelec, the
of the outstanding bonds of West Virginia, will consent
to the discharge of the mortgages securing such bonds or
to the
release from the liens thereof of the property to be ,sold and conveyed.
Subsequent to the sale of the assets, it Is proposed that West Virginia
•transfer its remaining assets, subject to its liabilities, to Aelec in paytion
system,
sideration.. of
holder
of
all
px*o tanto of matured bond interest.
In connection with such
transfer, Aelec will acquire from West Virginia 160 shares of the capi¬
tal stock of Atlantic Utility Service Corp.
Following the transfer of
men
its
remaining assets to Aelec,
West Virginia will be dissolved or forfeit
its
charter.
•
pending
,
j'
Extension Granted—
the company an extension until Jan. 15 in
which to complete the sale of its interest in Lake Shore Gas Co.,
Ashtabula, Ohipk to Malvern Hill,—V. 160, p. 1627.
The. SEC
has
,
granted
found
effective market place for large or small
Banks, Corporations and Individuals have
g
us an
|
BLOCKS of SECURITIES
|
which
are not
readily marketable,
|i
1
INQUIRIES INVITED
0
J
HILL, THOMPSON & CO., INC,
|
1
120 Broadway, New York 5, N. Y.
■/
.'.J.
Operating expenses
Federal
taxes
Other
taxes
Prop.
ret.
Net
1
approp.
2,592
$294,614
-$306,150
129,396
Other int. & deductions
24,867
18,107
to
construct.
Cr3,300
Oil,820
income
/it—1
$4,314,765 -$3,286,994
1,565,607.
1,656,903
1.515,447
218,947
C/26,227 .' C?'103,613
133,607
income
Gross:
nuga.
on
ehgd.
Int.
Net
942,026
Balance
-V.
\
;;
-
preparing to tile suit'in that'Sttite/v Mr: Breech "said,.
•: •>:..• - ■*
"Bendix Aviation Corp. is now. in .a position to. file a. counter-claim
in New York State and has instructed its counsel, Hughes, Hubbard &
:
,
.
Co.—Listing-,of Common Stock— j'A;:The New, York.Stock Exchange has authorized the listing; of; 485,310
shares of common stock (par 5c. per share) and 48,531 shares of such
common
stock upon official notice of ' the issuance .thereof upon the
conversion of a like number of shares of the 5 O 'convertible preferred
stock, series A, making a total of 533,841 shares,* of such commonstock applied for.—V. 160, p. 2179. ,
Fy l-V / y ■
-
$568,348
-Ewtn'g;-to do- so, in. order-to enjoin the home appliance company from
-misuslpg the Bendix name," he said,
.
». ,
■: ■
With reference to the organization of Bendix-Home Appliances, Inc.,-
,
Mr. Breech said that it was
,-
transferred
Co.—Secondary Offering—Blyth. &
Graham, Parsons & Co. offered as a second¬
ary distribution Nov. 20 13,000 shares of common stock
(no par) at $27% a share.. Concession to dealers was 65
cents a share.—V. 160, p. 1962.
■/ ,■ ,'y ; ;;
Babcock & Wilcox
Corp.—Proposed Sale—
Associated Utilities
,,
,
it was stated.
and
sale
of
their
Paul Smith's
Associated
holdings of shares of the
Electric Light & Power & RR. Co.
proposes: to sell
to Paul Smith's
Smith's Electric Light &'Power- & RR.-' for" $60,000;- and Gas. &
Associates- proposes to sell to Paul-Smith's College of. Arts
and Sciences its. holdings of 4.997Va shares of such common stock for
has
representing 80.18'i 'of the yoting^pbwer
Smith's Electric Light & Power & RR.—V. 157, p. 688,
of common stock,
shares
Paul
Telegraph Co.—Earnings—
Associated Telephone &
subs.
from
To 1 a 1
Net
114,698
;
earnings
113,873
$642,817
453,998
$692,471
-
467,227
478,690
482,121
A..;../,/ 2
47,110
-
711
47,461
.
.
Amort, of debt disc, and
expenses
—
.
$35,619
$166,671
$128,864
$146,673
surplus-——
Balance
46,016
44,687
../i
Bangor & Aroostook
directors
The
;
Sheet, Sept, 80, 1914
Balance
etc., . $1;
subsidiary
special deposits, $71,042;
debt discount
companies, $279,267; cash in banks, $938,932;
accounts receivable, $817; total, $24,362,413.
Operating
Other
."--y/
$6 cumulative preferred
Associates Investment Co.—Earnings,
} Net;
9 Mos. Ended
volume
Gross
Sept. 30—
of all types
par
receivables
of
quired by this company
Earnings of company and
ac-
Other
1942.-
in
combined
these
of
provision for Federal taxes
and
the
earnings
net
subsidiaries,
and prior to
dividend distribution,to
Front these earnings
dividends
parent company in the amount of $315,000 for the
current period, as compared with $270,000 in 1943 and are included
in the earnings of the Associates Investment Co. above reported.
This,
leaves $408,908, which is the Associates Investment Co. equity in the
to
paid
the
non-consolidated subsidiaries before
conservatively reported in view
of a change in the accounting procedure since June 30, 1944 of the
Durham Manufacturing Corp. to provide reserves considered ample to
cover
voluntary price adjustment or renegotiation- of war contracts
-not.
heretofore provided.
The combined earnings of the Associates
Investment Co. and the undistributed earnings of/tlle subsidiaries
totaled $1,594,650 and is equal, 'after, payment
of. preferred stock
dividends, to $3.39 per share on the 411;424 shares of common stock
undistributed
net
which
mentioned,
earnings
■
amount
of the
is
each; and Oct. 1,
more
-V.
Morris, President,
M.
of
the
Insurance
Insurance Co.,
into fields not
Nov. 15 stated further:
on
'
■
German
Atlantic
war."—V.
Gulf
and
are
160, p.
1075.
West
'
Indies
'*
-
-
(&
Co.—Earnings—
Belding Heminway
Months Ended Sept. 30—
Period End, Sept. 30—
Operating revenues
"Operating expenses%vOrdinary taxes
Operating income
Gross
Net
profit
(net)
.
,$1,701,329
.$2,003,252
92.454
76.057
237,126
160,396
$568,052
$1,938,455
$2,163,648
62,844
123.121
187,754
$611,222
$503,208
$1,815,334
$1,975,894
18.152
658.758
31.873
2,098,967
So'29,374
income-
oper.
123,136
$491,995
$648,170
$1,163,966
$1,847,207
$4,074,861
' : :i
Prov.
217,533
229,394
660,359
996,640
67.000
233,754
135,478
1.098,967
36.948
.
'
...
profit.
for
excess
Prov.
incume
$795,472
income
Total
excess1 profits taxes
for. Federal income &
Prov.
8,209
-
:
Net
profit
Earnings
—
Comparative Balance Sheet
Assets—
$0.90
;
Government
Accounts,
notes
and
..
.
:
677.133
.
.181,195
1
„
and
profits taxes..
contingencies
$1,000,000
payable
accrued
and
$1,000,000,
537,007
145,089
157,113
expenses)'wages, etc.__—
,1
f Accrued Federal income & excess profits taxes
Taxes
.
399,936
——
Accrued
77,493
440,070
.
"
123,614
83,894
withheld—other—
-
receivable—credit
Accounts
Amounts withheld
for
.
balances^-—
under payroll allotment plan
employees war bondslu——-i1—~,-ucurrent- liabilities..
r:
15.118
.
5,887
contingencies....
for
Reserve
Capital
1,757,200
209,081 '
160,
p.
1076,
-
1,341,092/
2,022,920
'
-•
Div,, Etc.—
16 declared a semi-annual distribution
of 50 cents per share on each out-
paid.
trustees
The
160,
,
1290. V
p.
Boston
/
Worcester &
<
'
v-
Stock Exempted—.
.
to holders
of
$2
per
O11 Dec. 1, 1943, an extra of
' :
fund lias more than doubled
reported that the
last 12 months.
Total
also
during- the
size
this year.
June 1,
011
assets now. amount to
approximately $3,628,000. represented by 33,075
$1,736,000 represented by 17,274 units a . year
SEC
The
V -1 f
units, compared With
ago at this time.—
1■ , ;; , ■'
New York Street
'
Ry.—Sale of
...-)
issued
provision of
by
American
Mr. Babson is Presi¬
with Gov-
pre-termination agreement covering all questions that/ might
should the Quartermaster Corps terminate one or . more of the
A
arise
which
contracts
between
the company presently holds
and the company, it was
the-Army
has been entered Into
announced Nov. 14 by
Walsh commanding general of Philadelphia Quarter'■
The Depot stated
the essence of the agreement is the provision
that the entire inventory on hand at time of termination is to be
retained
by the manufacturer at
a pre-agreed price.
A schedule
contained in the contract sets forth the exact amount -to be paid
to
the government for such inventory and work in process.
The
amount will vary with the stage of contract at which termination
takes place.
The retention price paid by the manufacturer covers
all cost which may be chargeable by the manufacturer to the gov-eminent because of the ending of the contract.
Alternate methods of settling claims of sub-contractors and suppliers
Of Botany Mills are provided.
Such claims are to be settled either
by the: prime contractor himself or by the government dealing directly
with the sub-contractor.
The method to be used will be decided by
the contracting officer of the Depot.
The agrement states the gov¬
ernment will pay for all work done under contract and will accept
at contract price all finished items on hand "at date of termination.
Brig.-Gen. Roland
muster Depot,.
—V.
159,
p.
2628.
;
Brazilian Traction,
It
209,081
$6,868,427 $7,089,833
0After
reserve
for doubtful accounts and
notes, Sept. "30, 1944,
$53,799; Dec. 31, .1943, $40,851; reserve for discounts, Sept, 30, 1944,
$31,596:
Dec.
31,
1943,' $21,497. '-fAfter deducting depreciation of
:$1,660,625 as of Sept. 30.
1944, and $1,600,179 at, Dec.. 31, 1943'.
iAfter United States Treasury tax savings certificates and accrued
interest, Sept. 30. 1944, $903,840; Dec. 31, 1943, $1,203,820/
§55,332
shares.—V,
made
was
1,757.200
2,039,776
—
dividend
extra
5,693
i;—
Total
an
was
cents
in
200,000
1,341,092
;
surplus
surplus
7,447.
18,788
200.000
Miscellaneous
'
'
.
,•
in
Connection with Suit Filed by Bendix Home Appli¬
ances, Inc.— /
profit
$344,847
$700,818'.
SI,051,169
$1,979,254
depreciation.
7-Other than income and excess
principally profit from disposition of
assets (non-recurring).—V, 160, p. 2067.
JRepreserting
profits
capital
Aviation Corp.—Statement by Corporation
Bendix
leased
R.
in
Appliances,
for.
""Including
foxes.
V
Liabillties—-
Accounts payable—trade
wells and
ernment—
31, '43
$1,172,846:
,.- 776,662
1,519,131
t
3,945
2,358,652
239,594
160,681
—
■Notes
40
Dec.
.
Securities-—2.084,152
trade acceptances red.—_
1,382,390
Miscellaneous accounts and. notes receivable—-2,091
Merchandise inventories
1,730,244
Investments in and advances to affiliated cos...'■■■
8,750
Total other; assets
159,791
•JTotal fixed assets, less reserve—659,278
Total deferred charges
—.ui
211,483
Goodwill
:_
„'■
1
U, S.
98.232
81.595
$0.28
$0.28
depreciation, cost
leaseholds, and estimated Federal income taxes;'
/ I,--.
y-1
;.
% Botany Worsted Mills- -Reaches Agreement
246,420
-
- Sept; 30, '44
L-? ?. $630,247
.
Cash
'
r:
"
3944—9 Mos.—1043'
$762,402
$713,208
preferred and $17,125 a share for the common.
dent of the railway company.—V. 160, p. 1731,
■
.
common
per
"
$368,370
; $262,676
a___—a--.V 245,820
share_,$—-if.—I—1'1--1. r''''$0.64 1
-
!—
Dividends paid
-
1944—3 Mos.~r-l943
$257,898
36,717
,
30,578
$0.10
• ; $0.08
$267,181
standing- unit of beneficial interest, both payable Dec. 1
record Nov.
18.
A regular semi-annual distribution
..
15,658
859,000
"
614,000
■
of
share
$1,106,800.
charges, including depletion,
all
deducting
and
certain
$1,243,028
$884,885
deductions—
7*'
share^-il^
per
160, p. 1076. ;
sale
■
and
charges
$46,612
—:—
i-,
Earnings— :
_
The board of trustees on Nov,
;
425,650"
.
1627
p.
profit
$2
$1,532,450
$1,178,543
387,582
on Nov. 10 an border granting an exemption from
the Investment Company Act with respect to the
Public Welfare Trust to Paul T. Babson of 1,787
shares of preferred stock and 2,425 shares of common stock of Boston
Worcester & New York Street Ry. at .the rate of $85 a share for the
$1,196,416
89,413
Operating; profit
Other
'1943 '•
la44 '
\
-
' $2,037^653" $2,468,309
expenses-;,;-■'.1,178,7-13
1,208,389..
__63,468 •,
63,505
Total other income
has only a
in a statement re¬
emphatically, that Bendix Home
President of the corporation,
Breech,
Detroit,
Nov.
stated
21,
Inc., which on Nov, 21 filed suit against his company,
limited- right to the use of, the name,"Bendix", in the home
appliance field,
,
V" '
his company and its.predecessors had used. the
name
"Bendix".continuously since 1910 op a van^y^of.products of
its manufacture, including radio equipment, which now number 167;,
He
Net
14.649'
19,798
$1,733,225 ,$2,118,032
42,000
487,667
519,000
5,585;
67,015
66,582
'Bond Investment Trust of America—Extra
of
V.
administrative
and
general
Depreciation.-;-,
Ernest
Gross
3,707;
$2,103,383
Is
pany
since 1941,
Brown
Ligfht & Power Co., Ltd.—Obituary
Couzens, 67, President of this com¬
recently .died in England.—V, 160, p. 2067.
announced
that Herbert
Co., Berlin, N.
II.—Interest Payment—
,
/
President, on Nov, 17 announced that on Dec. 1 the
company w'll make its semi-annual payment of interest 011 its general
mortgage
5rf cumulative bonds for the six months ended Nov. 30.
Checks will be mailed to all registered owners as of the close
of
business on Nov. 30.—V. 160, p. 1964. '
F.
G,
Coburn,
Buffalo, Niagara &
Eastern Power Corp.—Forecast of
Profits—
*
expense——--
tOther profit
:
2,040.254
65,295
$555,716
Other income.
Interest
$2,655,385
$2,021,575
1,400.564
1944—9 A-los.wl043
$6,202,330, $8,502,580
4.307,822
6,269,778
193,179 *
1229,550
700,497
3,707
2,010
5,754
to
income
-'After
,
1344—3 Mos.—1943
814,161
.$106,458
$106,969
preferred stocks
...
-.*
profit--——-:—-1-
operating
Earned
Subs.)—Earnings-
610.032'
813 996
$720,961
of abandoned
contracts as of Sept. 30.. 1944, aggregated
$131,462,125.
compared with $275,494,449 oil Sept., 30, 1943. , and
$90,276,990 on Sept. 30,
1942.
No additional -new contracis were
received during the September quarter of 3244.-—V,: 160,■ p, ,1179;,.
Capital stock (465,032 shares no ;pai'),-.--——•
^Shares held in treasury, cancelled.—-———-
Steamship Lines
741 ,510
842 ,341
$154,554
39.167
2..^,
Bishop Oil Co.
—V.
1
.
Co. and its
12 Mos.- -1943
$152,544, $1,713,427
147
...Period End. Sept. •3C—
'
•"
"■Net
-$6,868,427 "$7,089,833
wholly-owned subsidiary, Emmco
continuing to extend their insurance
coverage
heretofore covered, The Emmco Casualty
Insurance Co., operated profitably; however, the heavy concentration
of insurance in automobile lines has resulted in a loss for the Emmco
Insurance Co. for the first nine months.
"The Durham Manufacturing Corp. at both the Fort Wayne and
Mttncie plants is manufacturing munitions of war in larger volume
than one year previous, is presently employing in excess of 2,500 people
and has a sizeable backlog of Orders, largely with the Navy Depart¬
ment, which may or may not be affected by an early termination
"The Emmco
Casualty
t
68,423
309;
$151,379"
applicable
160.
Earns,
outstanding.
E.
1944-
-
Balance
IfV^.—V, 160, p. 1859;,
after providing reserves
parent company, totaled $723,908.
were
' '
67,833
$151,232
income
Dividends
RR.—2%% on Arrearages—
unbilled balance <jf
Total
•
978,796
"Does not Include the
company's equity in the undistributed net
"earnings of the non-consolidated wholly-owned subsidiaries—Durham
Manufacturing Corp., Emmco Insurance Co., Enunco Casualty Insur¬
ance
Co., Morco General Agency and Associates Building Co.
The
>1,185,742
•
___
.
74,482
'
309
•
& deductions
int.
Net
:
Selling,
$58,732,383 $38,255,908
;
-
.
in-
oper.
Gross
Corp.—-Billings Up—
^
' • s
The corporation recently reported that billings .during the mini'tee
ended Sept. 30, 1944, amounted to $34,430,185 against $27,994,064 for
the same quarter in 1943 and $25,523,622 for the corresponding quarter,,
wholly-owned finance
subsidiaries
ltd.-term
Ipt. on mfge. bonds.
Bath Iron Works
9
1943
;
.
•
$1,006,637 $12,285 ,537 $11 363,777
n f
7, 071,997
8,170 556
643,046
67,833
Gross income
current year;
Etc—
1944
;
"
.
"71,776
revenues.-^Other income-' (net)f
.
'arrearages
Gross
..
-
.
69,140
—-
approp";
res.
vestments
v
:
$100, both payable Jan. lj to holders of record Dec, 6.-,This covers
from Oct. 1, 1943 to and incl, .March 31, 1944,
In the
the company paid the following dividends;1 Jan. 1-, 1!4'>;
'
^
.
expenses
taxes
Prop, ret,
A'mOrt.'of
n-n
/•cvn
698,958
011
April 1 and July 1, 24a'>
:
-
stock ($100 par), $2,898,stock (no par), $3,608,9461 $4 preference
cumulative preferred stock (no par), $983,650; class A stock (cumu¬
lative at $4
and participating—no par),- $1,368,466; common stock
.<$1 par), $1,038,308; 25-year 5M•.'/? debentures, series A, due May 1,
1955, $11,006,000; due to'subsidiary companies, $12,213; accounts pay¬
able, $7,060; accrued interest, $252,221; accrued taxes, $12,478; de¬
ferred
credit, $41,776; reserve for employees' benefit fund, $57,222;
surplus reserved for general contingencies, $240,000; capital surplus,
$1,603,368;
earned surplus, $1,232,204;
total, $24,362,413.—V. 160,
p. 2178.
:
'
; ;
cumulative first preferred
Liabilities—7C/
500;
$1,059,248
FederaI taxes
declared two dividends of 114 OV i each on
the 5'r cumul, convy preferred stock,-
15
Nov.
on
accumulations
of
account
$22,441,768; patents, patent rights,
and expense, $630,586; due from
Assets—Investments,
unamortized
instruments
wide variety of
a
1944—Month—1943
Period End. Sept. 30—
.
•
•
■■■■■•;•
2179,'* '
160.
Qperating. revenues;
not found it possible to meet or
worked out a new Adjustment Plan
$565,203
,
Corp,' manufactures
cpmpany has
116,348
.
-
,
i
''
:
Bendix-Home''Appli¬
connection with the latter company,
' ■- ■
'
Birmingham Electric Co.—Earnings-
transportation;, agencies and
times
refund about $84,000,000
but has
under-which, this can be
done.
The plan also, contemplates the extension of a number of the
principal bond issues of the company so that .their maturities will
occur at convenient periods from 1965 to 2010.
The plan furthermore
makes
payment
of a substantial part of annual • interest
charges
dependent upon earnings and with further provision- for reduction in
indebtedness
and
interest
charges through a
sinking fund,
It is
expected that the plaxi will be filed shortly with the-Interstate, Com- nterce-Commission.—V, 160,-p. 2179.
~
y.'-'.-s."
43,989
-$681,552
--$806,344
-
118,558
.
$6,45,358
.
interest■
interest-——:—
Debenture
General
$761,375
$760,056-
1
taxes.._'
;T
42,388
.:
1,069
; -
1941
$637,563
$763,956
$760,306
$760,056
ineonie-._^____-.
Oper. exps. and
.
.
___—1
income---.——-,:../
Other
;
received
divs,
and
Int.
"
1942
1943
"
1944
Ended Sept. 30—
9 Mas.
of
,
$900.000.000.—v;
j //;.W;"v/y'-..A',~ i: *
Estimating that gross -revenues for. the current year; will aggregate.
$388,338,TOO, an- increase of $30,196,400 over 1943, Mr. -White, sa^d'
that net income will decrease to about $22,275,300; or about $8,000,000,
less than for 1943, this decrease being practically a-stand-off for the
$7,000,000 estimated increase in taxes, 1944 as compared with 1943,.,
;
i 'Mr. White stated that since, the 1938 AdjustmentyPlan was made;!
effective, more than $100,000,000 of the company's indebtedness had
been retired and its credit position greatly improved.
Notwithstanding, :
of the
approximately $112,000,000 ?of debt .maturing this year, the
considered
the remaining outstanding
The proposed purchaser now. owys
8240,COO,
of the rairoad,
submitted "reports
by the management.
aready
and
patents
-
equipments for the aviation, automotive, marine and communica¬
tions .industries, and- for- the-year 1943 had .gross sales, in excess, of
Traffic
sevenymajor,
has been Studying the -situation- and
and' recommendations- that are heihg
departments
Paul
Electric
;
Aviation
Bendix
keep pace with the tempo of the
and passenger service.- To that, end a Po'stAvar
Development' Committee,- composed_of representatives .of,
in freight
both
its.holdings of 1,250 shares of common stock ($100 par) of
Sciences
other'
from
petition., than ever, before
it will be essential to
that
College . of- Arts-and
rertain
Inc.,
and
'
Utilities Corp.
the proposed
outstanding capital stock of
Inc., and ha^ since had no
ances;
RR.—1944 Earnings Estimated— "Discussing prospects for business after the i -war,') Roy .B. White,
President, at the annual meeting of stockholders held onv Nov. 20,y
stated that it is certain that the railroads will face more severe com¬
joint declaration lias been filed by Associated
its subsidiary, Gas <fe Electric Associates, regarding
,
covering
enterprise.
.In, 1940 .Bendix Aviation .disposed of its stock in
Baltimore & Ohio
A
organized by. separate interests of 1936,
a subsidiary of Bendix Aviation Corp.,"
Appliances,
Home
the manufacture of the washing machine-in
exchange for a minority, stock interest in the latter company..
He
emphasized that Bendix Aviation had invested no capital in the new
Co., Inc; and
Co.—Weekly Output—
The trustees of the Associated Gas & Electric Corp. report for the
week ended Nov. 17. 1944 that the net electric output of the Associated
Gas & Electric group was 132,298,408 kwn.,
an increase of 5,171,658
kwh.,: or 4.1f/f over the corresponding week in 1943.-—V. 160, p. 2178.
Bendix
to
rights
patent
Associated Gas & Electric
Hydraulic Brake Co.,
the
and
.
1730, 1626,
160. p.
,731.
p.
Autocar
946,409
:
$317,912
159,
int.—V.
$1,514,757
$1,259,938
$166,256
stocks-.;,—.—
$143,651
.
to preferred
Dividends applicable
-
.
sufficient •
$4,129,233 $3,327,566
1,195
185,532
D''40,572
taond,s__v-
"
Int.
"
ICnox
and 531.
Atlas Oil & Refining; Corp.—Tenders Sought—
V .
first National
Bank of Philadelphia, ..successor trustee, 15th
Walnut Sts., Philadelphia,
Pa., will until 12 o'clock noon on
Dec. 30, 1944 receive bids for the sale to it of-1st (closed) mtge. 4Va ^
sinking fund bonds-maturing May 1, 1956, to 'an amount,
to exhaust the sum
of $136,071, af prices not: to . exceed -103,and
and
$3'04(965
$292,022
(net„■
income
D.
The
income
Operating
directors have
new
Ind'ana Steel *sTp(Juct«,
Brothers.—V. 160, pp.. 1290
Plamondon, President,
Burne, Vice-President, Harris
315,000
28,750
(net)
Other
$3,327,566
Steel
Globe
A,
following
C. Kalmati, Chairman of the board of Globe Steel
Bliss & Laughlin; William C." Buchanan," President,
Tubes Co.; Walter Howell, President, Bias. & Laugmm;
C.
and
Co.
Tubes
1,213,000
$4,444,233
•
plant
of
lease
tor
113,000
$320,772
elected:
been
997,200
879.045
1,293,396
998,214
1,515,000
$304,955
125,000
levenues—
res.
eper.
Rent
$1,475,871
1
revenues
,
1944—12 Mos.—1943
$16,223,965 $12,690,031
7,973,122
6,273,220
]944__Month—1943
$1,297,445
747,316
778,865
190,184
33,340
92,599
67,285
Period End. Sept. 30—
Operating
Walter R. Brailsford of Brailslord
elected
Chairman of- the board.
The
;
V'The suit filed- against the corporation by-Bendix, Home Appliance-T.
Inc';,". he - said, "clearly is- an outgrowth of efforts, first made- by. our
company to eliminate confusion in the use of the Bendix name. .
'■
"In June, 1943, We: addressed a letter to Bendix Home Appliances,
;Inc., objecting to the way, the latter was using the., name. Bendix -in
its advertising as being in violation, of,our- company's rights,, and as
resulting in Confusion in the minds of the public, as to the manu¬
facturer of the washing machine made by the home appliance company.
In. this letter we Stated that appropriate legal action would he takeni
unless the improper use of the name Bendix was rdiscontinued.
"Subsequently,'after discussions had failed to. reach an agreement,"
we
requested Bendix Home Appliances, Inc., to accept service for a
court: action ill New York State- to obtain judicial determination of
the matter.
Bertdix Home Appliances, Inc., refused to accept service
there.
As a result. Bendix Aviation Corp. retained, counsel in Ohio,
where the'home appliance company is qualified to do business, and was
Co.—Chairman Elected; htc.—
and Co:,./ChlCagoy 'has/been
Athey Truss Wheel
<fc Light Co.—Earnings-
Power
Arkansas
Monday; November 27,
CHRONICLE
& FINANCIAL
THE COMMERCIAL
2290
he
said
thai since,
welcomed
the
the right to use
opportunity to obtain in the courts .clarification
the Bendix name on manufactured'
products,
of
and recapitalized Buffalo, Niagara system should
have annual post-war earnings of $7,500,000 available for common
stock dividends, a witness for the Corporation testified to at a Securi¬
A
consolidated
Commission hearing Nov. 20, on
ties
and Exchange
the
plans to reorganize
Niagara Hudson
M.
Carhart, a
F.
consulting
f&X
subsidiary.
member of the firm of Jackson & Moreland,
engineers, said he based his estimate 011 the present 40r'c
l'flfcc,
in making his .estimate,, he,, assumed > probable
during a post-war year immediately following conversion
of the Carhart's estimate, earnings would amount to
$2.32 per share of common stock under the present tax rate
and
$2.51 if the tax rate were reduced to 35^,—V. 160, p. 2067.
-Mjv
Carhart .said
.
conditions
on
the
basis
.
2291
:> .THE COMMERCIAL & FINANCIAL CHRONICLE
Yeats Ended
July 31-*-
1944
■
and .excess
1,541,129
profits' taxes ..I-./--.
1944—Month—1943
Period End. Sept. 30—
«•'
Operating' revenues'
.1,303,203 ; -' Operating -expenses1222
825,481'
Federal "taxes ;
2,1Q5,312
profit. before
-
Federal income
,*
$9,285,900
$13,069,935
Net
1943
'
•:
•
699.244
253,295
7 Other
I:—*
Net. profit
....
Consolidated
$477,722
$564,183
Balance Sheet, July 31,
Drop. ■ ret;*
Net
(less
inventory
Liabilities—Accounts
payable—merchandise,
,
Int.
1943
.
General
V.
for
Cr35,8"12
127,774
257.522
349,872
$1,402,377
$1,325,590
operation
___.
G t her; income—- - —l.u——.
Net
earnings
from
,
)
corporate income—.—-—;—
Gross
Cr56,295
33
;
Dividends on
$232,156
$2,408,286
$2,617,428
stocks-..—,,.
1,164,012
1,252,992
$1,244,274
$1,364,436
,
preferred
1-60, p." 1628.
been, able
interest
to
28,142
largely with
rate
the
Oct.'31~'
257,192
'.
profit;
ended
Oct.
25,995,559
—V.
208,502
-
208,502
V
.-.■•'•'•■Y
160, p. 1859.v
'•
•
'*•
'
■'
$
s
,
'■
".
^
1943
1944
..
$
•,
the .company's
31:
wholly
consolidated,
'•••
•
$
.
after
as
$249,681
Aug.
1,
revision
ICC
Kef sales,
:»
$3,092,708
$2,976,797,
w~——. —
4;'-
1943
•
2.331.872
the
392,557
)—
$252,369
$416,915
20,654
thereof
wil.
and
devote
free to
debt
the
of
at
lower
a
attention
Southern
Pacific
authorized
17
the
Authorized—
company
Southern
Pacifci
such
for
advances,
the
applicant
Co.—Earnings—
1944—3 Mos,—^ 1943
revenues...
$4,106,193
purchased.
k.
1944—12 MoS.—1"1943
$3,624,844 $14,598,288 $12,406,699
88,872
1,219,248
58,966
346,768
300,794,
3,860,869
374,494
1,071,079
257,518
4,618,031
^ Maintenance
1,441.285
880,234
Depreciation
431,542
389,683
1,727,448
1,536,685
Other
\
;
oper, -exp._._„
Taxes,
•
Celanese Qorp. of America—Changes Unit's Name—
other than Fed¬
287,237
20 announced that the imme of the .selling
taxu_
prof, tax
exc.
280,708
129,000
''"61.000
'
Fed.
1,050,217
1,055,945
99,000
1,735,000
$1,437,889
365,000
392,000
30,000
$3,281,812
;
102,701!
;
y
Net
income.
oper,
,
Other .income
(
Gross
^
Int.
$874,800
(net).
other
$4,310,203
1,531
1,035
4,302
8,630
$876,332
$1,438,924
$3,286,114
$4,318,833
...
incomet--—
and
•
316,323
maturities
funded
Central Power & Light
$24,935
$267,891
$2,680
I;.;:
reimburse the
Power
The Celanese: Celluloid Corp. was formed in 1941 as, a sales stibsidiary when' the original Celluloid Corp. was merged into Celanese Corp.
of- America asvther-plastics^ manufacturing division of the company.—
2,359.470
Selling, administrative & general expenses—
1949
part
Through Short-Line Bonds
Nov.
on
Operating
organization "for'its plastics products has been changed from Celanese
Celluloid Coip;' to Ceianese Plastics Corp.
This move rounds out
the sales .organization.of the .company in the related fields of textiles,
plastics raid, chemicals.
.
/ ,
■;
;
;
1944
(
a
1949, end will be
of
Period End. Sept. 30—
1944—12 Mos,—1943
1944—10 Mos.—1943
The corporation on Ndv.
Pacific
substantial
Central
will'
applicants
;
Federal income
J.
('he
consummated
8,490,497
Caterpillar
follows for the periods
'
\':'$186 ;
Is
agreed to issue to it, upon request, not
exceeding $10,000,000 of new
through short-line bonds.—V. 160, p.. 2180,
169,129,566
subsidiary,
owned
are
7,988,416
■■,
To
,
$
'
Note—rThe earnings, as reported above are subject to the renegotialion provisions of National Defense Appropriation Act.—V. 160, p. 1859.
''V'"'- >'•
.
Callite Tungsten Corp.—Earaingssix Mos. Ended June 30—
112,Q0(
report of the Commission states, in part:
On Oct, l. 1944. the
applicant redeemed at l07''i $10,000,000 of its
threnfgh short-linc-t first mortgage 4"o gold bonds, due Oct. 1, 1954.
The funds required for the
redemption of the bonds were advanced
on
open account by the Southern Pacific pursuant to an agreement,
dated June 2, 1944. between
the applicant and the Southern Pacific
1944—10 Mos.—1943
—Vn_:—■
.
^Deficit.
s
V.
and
to issue not exceeding.
$16,000,000 of through short-line bonds, to he sold at 107,5 ami
accrued interest to the Southern Pacific Co. and the
proceeds used tc
reimburse that company for advances made for the
redemption of a
like
principal amount of the applicant's thrc
through
short-line iirst
mortgage 4gold bonds, due Oct. l, 3954,
14,891,723 1932122,259 140,669,195
704,381
6,428,478
6,656,416
663,579
,'1944—Month—1943
N/ $31,768
•
The
$561,881
$518,267
.
executing
The
1944—Month—1943
^" '•
the
refinance
to
further
system.
'V"-y"-
•
.
Military Engine Co./ now
•
187,410
preferred stock—
and
,,
bonds
of
eral income
Net income
-.
193, C0C
55,00(,
bonds
Cr48,023
Cr4,689
.
$189,637
Earnings .for
517.161
-
199,816
provision for Federal excess profits tax
99,773
Cr55,939
Cr4,642
.prof it—I——
Net
$1,336,236
510,260
for Federal income: tax—
Provision
955
9,056
•
income
i-1
,10,646
$1,415,753
.—_
—————
exchange
have
1,708,469
Net.';Sales^m::_24_w—226,498,088
»
.
Deductions
1,697,688
12 Months Ended"Oct. 31—
-:
/-■
r
334,881
13,376
,
142,313
construct.
to
Period End.
259,487
——b-w. 1——-
depreciation—
$625.00t
...
$985,000
the
dealt
Caterpillar Tractor Co.—Earnings—
f
Net
1,325,499
136,848
taxes—;
Provision
,r,,
-
bonds—...
of
costs
When
$4,549,721
140,875
Net ;.sa1es^^—2-_——
Cr35.081
——
$4,149,841
$370,735'
! Baianoe'.C——v)——
-
1,522,710
Maintenance'
of
for (lie new
stamps
£10,000,000
$3,337,419
—
solicitation
issuing the new
recording, the new, mortgage
27,199
..'a-.-:'
1-944
General and engineering expenses-—
chgd,
Net
J
$3,634,248
_
22,929
Other
1,500,000
3,5.82
of
for the first five years
«-4 of Yfo
$4,222,522
$334,926
Dividends 'applicable '.-to
California Water Service Co.— -Earnings—
- 12 Months Ended Oct.
31—
•Operating revenues—.-'
1.500,000
$4,126,912
Amort."of* prom; on debt
i '•
t
125,000
$367,353
4,309
& deductions
Other int:
.
159, p. 2189.
total, $5,274,805.—V.
1,$80,731
125,000
•
taxes—payroll and expenses, $243,699; .accrued Federal: in¬
come and excess profits 'taxes
(less 1J. 8. .Treasury tax savings notes,;
$1,485,000),
$56,130;
mortgage payable—within
one year, $52,404;
mortgage payable, $492,522; deferred excess profits tax-—Hatch's, Inc.,
$22,984; reserves for preferred'dividends, pensions and inventory- price
declines, $460,012; preferred stock,-$227,362; common stock (par;$1),
surplus, $3,177,125;
1,717,519
$330,617
rbpprOp,"
revenues.^
oper.
Gross income
In t< • on mfge. bond $'_iV
property
$315,900;
3,575,233
166,651
exchange
accrued
$227,562;
etc.,
Cost
Revenue
have
to
reserve
3.736.321
Other income' (net)-
reduce inventory to
UFO ..valuation, $79,378), $1,558,421; cash, surrender value life insur-.
ance,
$86,905; stocks, bonds, mortgages, etc., book value, $26,215;
fixed assets (less reserves for depreciation and valuation, $2,449,471),
$1,986,063;, deferred charges, $128,662; total, $5,274,805,
merchandise
res.
bonds for the outstanding
the following:
proposed
of
Total
1914
Assets—Cash, $1,132,838; TL S. Defense and Treasury Bonds, $54,943;
"accounts receivable
(less
reserve
for doubtful, accounts,- $111,181),
$300,755;
faxes';l..r„„__^..„
321,770
149,020
'
the
Increased interest rate
$1,662,172 $18,278,655 $17^91,390
7.197.903
6,112,904
681,398-
$1,557,176
exchanging
bonds is estimated at $985,000, and will include
1944—12 Mos—1943
-
cost ,of
The
Carolina Power & Light Co.—Earnings-
Burdines, Inc. {& Subs.)—Earnings"
•
deducts.
284,253
638,670
1,508,539
2,267,005
$592,079
$800,254
$1,777,575
$2,051,829
12,668
•Cost of sales
Net
profit
Other
——
—
operations———s
on
income
—
y. v.
Gross
$429,583
$273,023
income
,
■
discounts
Interest and
for had
Provision
paid
debts
of
Federal
2,952
21,717
36,814
25.000
—
88,567
236,873
Cr8,857
Cr23,687
refund
Post-war
*79*293
—
profits taxes
excess
.
$67,439
————40,000'
$68,739
Net income
Dividends
$0.17
Earned per share on capital stock—,—
June
Sheet,
Balance
30,
T943 figures revised.--V.
Co.—Acquisition—
;
:
'
The
160.
2179.
p.
total,
:
T
„
NOTE-f~For
possible
order.
sacrificing values to
The SEC
.
i
to
Central
mechanical
reasons
it
is
Operating
always
not
Total
as
'*i*'
possible.
,
Co.—Hearing Dec, 7—
,
stocks
850,948
$3,090,701
1,627,861
and
664,775
1.099.000
Net
$186,173
$0.53
$528,861
$1.52
98,000
renegotiation
&
$148,9*24
profit
■■•'Earns. i)er com.
'On
•
$0.43
share,
348,000 shares of capital stock.-
bonds with
50c. Dividend—
on
the
common
Dec.
record
<
1.
p.
«
'
1396...
for
Portland RR. would be surrendered by
retirement.—V. 160. p. 2180.
.
73,168
76.226
■
Provision
22,495
17,820
$353,724
234,569
8,367
23,598
$5.9,456
5,431
L—
Profit
$78,104
12,733
233,217
7,704
office
taxes
-
v
$311,629
207,462
8,243
Note—In
the
ciatiou.—v.,
160,
723.
p.
.
The
Gross
earnings
37,496,000
—32,324,000
2
Expenses
on
1943
9,239,000
81,357,000
66,383,000
Canadian Pacific Raihvaxr- -Traffic Earnings—
Week Ended Nov. 14—
earnings
Week
Traffic
—V.
Ended
-1.
.
Oct.
160,
pp.
Dana
William
offices
135
class
matter
year;
South
ations In
S
.
'
$6,121,000
1943
$6,215,000
$6,090,000
2068.
Commercial
and
Financial
Seibert.
La
Salle
Chronicle
President;
<Reg
D.
S
Patent
25.5,375
251,384
2,470,982
2,284,271
$155,463
$125,447
$1,130,868
$1,147,976
$3,432,247
908
22
6,954
2,599
$156,371
X
$125,469
$1,137,822
$1,150,575
;
25,178
45,147
$131,193
$80,322
$892,901
$700,593
surtax-
25,0f,0
22,300
250,400
257,500
profits tax-te
21,200
&
244,921 .'
449,982
41,500
$84«93
$58,022
$601,001
$443,093
18,928
25,372
189,280
253,728".
require..
comparative
Electric
charges
Co.-
and
JDec.-
on
1943 and
28,
an
dividend /requirements
of
SEC
will
hold
hearing Dec.
a
3
allocated
said
proportion
of
company/
corporation's
on
securities proposed
.
the
shares
exchange-to
proposal
1944,
or
$50,000,000 of
be
of
acrmired.
Central
Vermont,
of
Utilities,
intends
to
consideration proposed to
capital
stock
be
dated
as
of Utilities
amount
proposed
to
be
the face
amount
of
$50,000
Certain-teed Products
G.
Rawson
to
paid
for
will
then
acquire
be
is
osid
owning all
-the -'assets of
for the 14,000
$462,000,
presently out¬
to the unpaid
Corp.—Exchange
Lizars, Chairman of the, Board,
$33 per
or
note
equal
the
be
time the
Offer, Etc.—
announced
on Nov. 21
following a special meeting of stockholders, the board of direcauthorized an offer of exchange of 18 shares of common stock:
pl"s $5 in c««b for each share of 6',i> csumulative prior preference
stock outstanding..
,
■
V.,,,^
The offer will expire on Dee. 28 and is subject id,approval of an
application for the listing additional shares and to "the effectiveness
of registration under the Securities Exchange Act of 1934.
Delivery
of the common shares for prior preference shave deposited plus the
'cash payment of $5 per share on the preference stoek exchanged will
be made on Dec. 29 by the Bankers Trust Co., New York.
that,
,
tors
.
The
of
an
board
of
directors
additional
also
authorized
the
redemption
Dec.
on
$1,700,000 of 5VaVe debentures, reducing the
29
funded
debt to $5,000,000.
The
of
stockholders
authorized
Rawson
common
G.
on
21 approved an increase in the
Nov.
stock from
Lizars
also
the
affirmative
vote
of
the
company's
1,000,000 to 2,000,000 shares.
that
announced
recapitalization had been approved.
the Central Pacific.. The offer will terminate
whenever
gross
principal, plus accrued and unpaid interest thereon, at the
proposed acquisitoin is consummated.—V, ,/60,^ p. 2180.
19449 and'a letter of transmittal to be -executed by the bond¬
"Acceptance ' thereof.
Assenting bondholders
to .transmit-their; bonds with the letter of transmittal to Kuhn,
15.
.
par)
The
standing in
24,
Nov.
to
securities
The
($25
share..
exchange of the proposed bonds for the outstanding bonds will
of
voting
Utilities,
holders
the
,
management's
plan
of
Both actions were authorized by
of
more
70ri
t'mn
of
the
com¬
pany's outstanding common stock.—V. 160, p. 2180.
the outstanding bonds
Chemical Foundation, Inc.—Denies. Conspiracy—Calls
Government's, Charge in Anti-Trust Suit Without Basis
in Fact— ;;';-"';.
-
Officet
A*
inherent
Dana
Company,
Publishers.
25
Spruce
St..
New
York
7.
Nov.
16
the Chemical Foundation,
by
in
the
use
V. 160,
the
of
Cuba, $29.50 per year;
remittances for.foreign su^criptions and
Great Britain,
advertisements
Continental
must be
made
Eurone (exempt RoainV;-Asia.
In New York funds
'
re¬
2077) declares that "the implications
'eo-conspirator' with reference to
p.
its
N.
company,
patents
on
Y., BEekman
stainless
3-3341
steel,"
the
six
over
of
their
90
steel
statement
officers
are
both
companies to use
continued.
"These
Seibert, Editor. and Publisher,
on Monaayj.
u n r
Reentered as secondof Canada $27.5? per
NOTE: On account of the fluctu¬
Herbert D
Australia and Africa. $31.00 per year.
■
Inc.,
term
18 steel companies and
unjust and unwarranted."
"The Chemical Foundation licensed
impairment of lien and as additional security thereunder, until canceled
and 'surrendered as provided in Article VI. Section 10. of the mortgage,
B.
issued
Ludlum Steel Corp. in
the
Upon the exchange of the bonds, the old bonds will be held by the
trustee under the new mortgage as part ef the trust estate ■without
William
statement
garding the Anti-trust proceedings brought against it and other" defern'ams.bv the Derartment of Just'ee on Nov. 15 (see under Allegheny-
operative Nov. 14, 1944.
See V. 160, p. 2180.) The holders of the putstanding bonds executing ..the letter of transmittal and transmitting
their bonds may • revoke their acceptance of the offer of exchange by
written notice before it.is declared operative, but not thereafter.
D
Riggs,
Business
Manager
Published
twice
a
week {every Thursday -(general news and
advertising Issuet with a statistical issue
3. 111. (Telephone: State 0613): 4 Drapers' Gardens,-London. E C., England, c/o Edwards & Smith. Copyright 1944 by William B
Dana Company.
the post office at Ne# York
N Y.. under the Act of March 3
1879
Subscriptions (n United States and Possessions. $26,00 per year; In Dominion
and
Earnings—
1944—10 Mos.—1*1943
$3,601,850
William
February 25, 1942. at
and Central America, Spain. Mexico
Corp
$376,831
St., Chicago
the rates of exchange,
Service
$410,838
Utilities Corp. all of the capita! stork and a
unsecured note, due Jan. i. 1952. of Vermont Utilities, Inc., .
a
subsidiary of Colonial.
The proposed transaction is a part of a,
general program under which, .subsequent to the acquisition of the
prior to'• the'termination thereof/ or, at the discretion of the board
directors/ if a lesser amount of bonds is so offered, but in no event
will: it. bo,.-declared operative after Dec. 31,
1944.
(Plan declared
..
.
1944
lU—'
—
1859,
$6,151,000
7—
earnings
The
——
;
1943
1944
„
purchase from Colonial
>• of
.
Traffic
in
result
"■
1859.
p.
might
interests."
2180.
p.
Proposed Acquisition—
( are offefed : for exchange, whichever is earlier, unless the Central
'ji Pacific determines to keep the offer open thereafter.
The offer will
37,585.000 365,644,000 364,534,000
be .declared operative by the board of directors of the Centra! Pacific if
28.346,000 299,261,000 283,177,000
$50,000,000 of the' bonds due Aug. 1, 1949, are offered in exchange
5,172,000
-
&
The
holders t constituting' an
.
Profit
-V. 160,
Gas
fixed
be
4"k gold bonds, due Aug. i, 1949, and <b)
offer
Oct.
..
S
which
investors'
p,urpwm
expenses applicable to properties acrmired by merger from Twin State
or
principal of and the interest on the $50,000^000 of series A bonds by
endorsing - its guaranty thereon, and (b) to pledge with the trustee
first-and refunding mortgage not exceeding $10,000,000 of
through; short-line bonds,- due Oct. 1, 1975, and $614,000 of first
refunding mortgage 4';l> gold bonds of the Central Pacific Ry.
The report-of the Commission states, in part: •
liOeb & Co., as agents ol
1944—10 MOS.
trustee,
under-the
<
Canadian National Ry.—^Earnings—
1944—Month—1943
will
payment
York,
The ICC on Nov. 17 authorised the company (»a) to issue not ex¬
ceeding $50,000,000 of first and refunding bonds, series A. to be
delivered at par in exchange for a like principal amount of outstand-
are
Period End, Oct. 31—
New
pledge with the trustee under the first and refunding mortgage not
of Iirst refunding mortgage 4',i gold bonds.
Authority -was- granted to the Southern Pacific Co. <a) to assume
obligation and liability, as guarantor, in respect of the payment of the
figures no allowance has been made for'flepre-
above
of
'
:
Operaliug profit for period—
Capital expenditures
Trust Co.
exceeding-$99,000
$87,191
323
$322,871
lor
3,709
Immediate
interest.
ing first refunding mortgage
$357,912
4,187
4,122
ipcome
div.
'-For
■(..
to
92 102
$315,337
Marketing charges
Operating costs
Expense, Toronto
,r
■a
$326,993
of
1944—Month—1943
income
oper.
normal
Central Pacific Ry.—Bonds Authorized—
„
milled.
Tons ..ore
Sept. 30—
expenses^
exc.
Central Maine
^
'and
104
V
!•!/;■
Canadian Malartic Gold Mines, Ltd.- -Earnings—
1943
' 1942
•Quarter Ended Sepfc.30—
1944.
.Metal production fgross)__.
Vermont Public
Net. income
made at The
at the office of
J. P. Morgan & Co., Incorporated.
These bonds are exclusive of the
$2,000,000 principal amount of such bonds recently called for redemp¬
tion on Dec. 30 and on which the privelege of immediate' payment has
also been extended.—V. 160, p. 2180.
r /.\i
a
14, Jurm 14 and Sept. 20.
Payments in 1943 were as follows: March
13, June 12 and Sept. 14, 25 cents each, and Dec. 11, 50 cents.—V. 160,
Net
Pfd,
of 3C$
Ceiitral New York Power Corp.—Calls 33/4% Bonds—
$598,997
.'.i,; r: '• The corporation; has called for redemption on Dec.; 22, next, all
$1.72
of its outstanding general
mortgage bonds, 3:,i% series due 1962,
at
'
by
10-year Yo
dividend of 50 cents per share
stock, no par value, payable Dec. 14 to holders of
Distributions of 25 cents each were made on March
declared
17
oper.
Fed.
7,004,000
('
,
Nov.
impossible ; to
Jan, 1, 1945, the
extension.
hearing.—V. 160,
a
revenues
Fed.
the proceeds,
Holdings in
Marine: Midland
The directors on
.the
on
it was
'
first consolidated nvortof 5% first lien and
The parent company
49 7o of the 19,990 ahares of Portland RR.'s common stock.
also owns
Power
Prov. for Federal income
taxes
detriment
for
.Balance:
gage5 gold bonds <due in 1951 and $2,045,000
consolidated mortgage gold bonds due in 1945.
,
$8,689,009
7,602,997
$1,187,010
246,924
the
1
Deductions
.
1944—9 Mos.—1943
$614,105
—._1.T
profit
Net before taxes„„—
Dec.
Non-oper. income (net)
company's
Portland has outstanding $1,600,000
Gross
V
k ! r
proposed plan for the liquidation of the Portland
(Me.) RR4 following the sale of Portland's transportation assets, will
be considered by The SEC at a hearing Dec.. 7,
'
Central Maine Power holds a - 99-year lease on Portland BE., acquired
in & merger, with .the Cumberland County Power & Light Co. in 1942.
Central"Maine proposes to sell Portland BR.'s bus system operating
in and about-Portland and to buy the real estate assets now leased
by it ; Tit a fair price,','
Portland RR, would retire its publicly-held
l
Campbell, Wyant & Cannon Fdy. Co. (& Subs.)—Earns
1944—3 Mos.—1943
to
arrange
Central Maine Power
The
deposits and prepayments,
Sept. 30—
set
j
Grrcq
Liabilities—Accounts
Period End.
leading
said that
its liquidation
J? loi'cea liquidation in a bankruptcy court,
companies in exact alphabetical
However, they are always as near alphabetical
position
$2,943,696.
payable—trade, $123,726; notes payable, $450,$777; due to employees for bond de¬
ductions, $12,029; accrued expenses—payroll, capital stock tax, fran¬
chise taxes, payroll taxes and sundry other expenses, $142,089 amor¬
tization due on mortgages payable to Dec. 31, 1944, $5,400; reserve
for Federal normal and excess profits,.. $394,346; renegotiation refund
lor year 194,3, $11,000; withholding tax, $33,124; mortgages payable,
$64,583; capital stock (par $l)f $400,000; capital surplus. $833,272;
earned surplus, $473,350; total, $2,943,696.—V. 160, p. 219.
corporation
extension, the application said,
*'
$1;
transactions
Period End.
$290,000; accounts receivable (less reserve for
reserve),
the
maturity date set by a previous one-year
■The only alternative tp the requested
1944
doubtful accounts
$16,547), $407,703; accrued, interest receivable, $1,009; employees' Vic¬
tory bonds,
$4,800; merchandise inventory,
$899,208; ; fixed assets
•met), $810,074; deferred charges, $13,373; estimated post-war refund
of Federal excess profits, taxes,
$76,353; goodwill (after revaluation
600;
an additional, year's extension
debentures, the SEC announced.
application
.
V.
Assets—Cash on hand and in banks, $441,175; U. S. Treasury certifi¬
cates,
corporation has asked for
its
complete
..;v,Tbe trustee .has asked the ICC. lor permission Id issue $1,450,488 of
'■L promissory notes, evidencing deferred payments on the purchase price
of new equipment costing $2,417,480.
The carrier plans to purchase
1 from •Pullman,-Standard Car Manufacturing Co.'650 50-ton steel box
cars and • 100
5G-ton -steerhopper cars, paying 46'w of the purchase
price in cash. -; The balance will be paid in six semi-annual instal¬
ments.
Six promissory notes bearing 2(;b- interest, will be issued.-—
$0.17
.
In
Central of Georgia Ry.—To Issue Notes—
v
160, p. 827.
Central States Power & Light Corp.—Seeks Extension
maturity date of its
48,486
—
patents
income tax
Federal normal
income.....
,
.
See Continental Gas & Electric Corp.—V, 160, p. 724.
•.
Net
2,000
,—
Provision for depreciation—————
Amortization
..."
22,948
34,321
:
,v
Central Electric & Gas
;
:
p.?;2i79.
160,
;
available to all American companies on a non-exclusive
basis.. All of these .licenses .expired with the patents them¬
patents were
and equal
reorganization, in its present form, Albert T. Belshe, a member of the
committee and Vice President of The Trust Co. of. Chicago, announced
on Nov.
18.
:
.* *'.*•» x•.,
\,*
-«•••""•
of 1937.
in May
has had no knowledge
of. and certainly no corttfbVover, the actions of any steel company
in the United States or elsewhere.
Therefore, it is not possible that,
the Chemical
Foundation had any part in any alleged
conspiracy
which might be the. subject of a present indictment in the Federal
court;
r;'' ■
*--•>•';/'
V■'
Y
"During the period from July 1, 1934, to May 4, 1937, the. Chemical
Foundation did establish minimum prices on those types of steel cov¬
ered by its patents.
Its. action in .so doing was legal in every sense
and
in
complete accord with
the decisions of the United States
time
that
"Since
The
r
Court.
/
,
.
"V&rious individuals in the .Department of Justice and in the anti^
trust division -of that .department, .including a former, head of that
division, have.conceded that the action of the Chemical Foundation in
Supreme
.
.
Upon
Court
it i'
entirely , in accordance with the law,
enunciated in the General Electric case,"
'
Foundation were -based on actual
what was believed to be a fair
price to the''public -which would' at' the "same "time' give a fairrteturn
to
thhc producer.
This belief is .confirmed by the fact that in
establishing prices, fthe Office-of Price-Administration in its release
No. 636 of Sept. 2.Y1942, stated that it adopted for certain types of
high alloy steel castings the base schedules used by the Chemical
minimum-.prices was
particularly as the same was
asserts.
'
"The prioes fixed Ly 'the Chemical
costs of production and represented
the-statement
.
minimum prices under its licensing agree¬
adopted price differentials established by , the
where the producer himself had no such estab¬
lished price differential.
'
r
"incidentally,
in/the same release, it was pointed out that'the
alloy -steel casting industry did not'develop hv the United States until
after the first World War.
It was stated that 'although the Chemical
Foundation did-not control all of the formulas, nevertheless it did
have sufficient control to be the guiding factor in-the development
of the high alloy casting industry in the United States.'
"The implication that the Chemical Foundation was used by anyone
the basis for
Chemical Foundation
for
inc.
their
3,578,469
1,051,643
.2,826,542,
income— __r_
oper.
are
V
■„;//' ■'
,
Earns, per common
.
2,355,693
—:
■
^
...
..
incl. costs
contracts
fee
'.Y.
cost-plus-fixed-
facili¬
sell., serv., adv.
-_^_/—
for plant rehabil.
gen.
reconversion
of
re-estab.
profits
excess
for
$0.35
40,870
418,970
</'
$•
■
,
•
...
576,026,419
...'*) '■■'
Y*
YY-..Y
.
>;Y'/'
17,314,691
i
.
•
-
"YY
37,357,808
.
:
:
,
'
;
Y
..
-
•
•
,
■■
..
-.
23,000,000
16,997.090
9,790,047
14,502,590
11,965,613
$3.91
$3.33
2,673,614
22,925,812
'
so
,
appropriations of inc.
i
•
i
&
1 2,314,823
-'loss
ended
directors
The
en Nov.
21'declared
of 50 cents
dividend
extra
an
share and the usual quarterly dividend of 75 cents per share
the common stock, both payable Dec. 26 to holders' of record;
extra
being
holders
of
payable
record
Dec.
Dec.
year.—V. 160, p. 1965.
8.
and
26
quarterly on Jan.
the
oh
the
the
2, both to
and
range
1943. "
Consolidated
Chicago Aurora & Elgin
RR.—Reorganization—
.
bondholdefs'-.^bmhiittee, may become available under a proposed settle¬
the Public Service Co.' of Northern Illinois,
involving leases and leasing arrangements.
Cash distribution under
this agreemeptK^ould' allocate $317.30 per $1,000 bond to the old first
5s and $123.50 per $1,000 bond to the old first and refunding 6s.
Under the. committee's plan holders of general claims, prior lien'7%
agreement'"'with
ment
-cumulative":, preferred
stock'and
participated—VY:lS7; p.'2346.
stock'are hot
,
'
:
common
.
■
entitled
to
.
receivable
and
25,000,000
.1,623,412
96,772,244
from wholly-owned
85,262,035
Investments in wholly-owned foreign sub.
•
and
2,335,958
2,325,538
3,359,736
1,494,715
*
Co.
on
Nov. 21 completed a
—
Stock Exchange of 29,598 common shares (par $1)
at $7% per share. Discount to dealers was 20 cents a
share.
The offering was oversubscribed.
:
Secondary Distribution—Glore, Forgan & Co;';1 on Nov.
21 made a secondary distribution of 5,770 shares' of the
convertible preferred stock (no par) at; $5,3 per-share,
less a commission to dealers of 75 c£nts a share.-^Vi l60,
cago
Prepaid insurance, taxes, rent,
,
1292.
p.
r
•"
•
•
-h,U'}
'vVUl
Y'p 'v
iJ.y-jeu. •'.>! v." •
directors
The
on
Nov.
declared
17
extra
an
dividend
of
15
share and
ihe
common
Dec.
and
1.
Oct
2,
this
10 and
Sept.
p.
year.
Dec.
10,
In
1943,
15 cents
the following payments were made:
each; and Dec. 23, 30 cents.—V, 160.
724.
Chicago,
Milwaukee,
St.
Paul
tective Committee Recommends
ization Plan—
The
gage
protective
bonds,
committee
&
Pacific
51,533,712
46,975,882
'' 1
2,165,383:
,
for
the 5Y
convertible rdfustment
mort¬
the plan of
4.437,537
17,921,536
831,094
895,349
612,906
613,484
2,528,220
1,842,574
17,383,737
,2,573,085
1,843,320
2,882,302
2,928,703
13,552,741
12,967,331
Gas •&
Electric Corp.:
oth. fix. chgs.i-
&
602,673
477,694
1,480,454
1,017,893
983,168
976,409
2,960,130
3,352,986
1,296,460
1,474,598
9,112,156
8;596;541
•
Sept. 30—
1944
'
„
: " >:
Subsidiary Companies:
Gross
•
revenues,
,
,
i
thaii Federal—I
other
Taxes
2,689,070
income
Federal
$
,
.*•'
j)
———1/—Y1—— 138,120,362 137,921,561
64,968,780
16,251/042
10,289,441
8,361,460 / 7,325,403
10,248,646
^_r—„
taxes^..
^
profits taxes'—
62,0811/171
15.566,791
Operationr and - maintenance^*———
—
Provision for retirements and depletion——
operating
Net
—■———
15,949,716
revenue-^———j
18,339,363
23,024,966
—
23,634,533
231,173
154,03C
corporate
23,256,140
23,788,569
Interest and other
3,373,183
3,446,971
Preferred
'■
2,455,609
2,458,967
17,427,347
*17,882,630
.21)95.859
,1,588.713
income
Other
—.—
.
Gross
income—
*
fixed charges.—
dividends and minority interests/—,
,
Reserves:-
'
••
operating
on
"
rehabil.
plant
reestab.
of
.—___w—_,
.—
■■
—
& gen.
automobile
//. '■'<
6,173,475
3,602,937
"
Wi•.
.
commitments—.
Custodianship
reconversion
37,000,000
business—,—;
1,877,157'
3,333,104
(par $5),
surplus
surplus
Capital stock
^.^,21,755,660
25,958,106
;
—4'.
-_
.-^■148,790,381
-
Total
——
-v-
—
;
28,000,000
1,605,666
3,333,203
21,755,660
25,958,166
477,678,125 418,486,999
deposits of .$30,242,059 at Sept. 30, 1944 and of
$19,924,882 at Dec. 31, 1943 to be used exclusively on Government
contracts,
tlncluding billings for costs and fees on cost-plus-fixedfee contracts, less reserves of $123,704 at Sept. 30, 1944.
JLess re¬
serves
of $9,433,916 at Sept. 30, 1944.
(^Including estimated post-war
refunds cf Federal excess profits tax,
less reserves of $287,222 at
Sept. 30, 1.944.
KAfter deducting depreciation of; $55,133,849 in 1944
and $51,143,559 in
1943.—V. 160, p. 1181.
.Y0,
,
.
City Stores Co.—To Purchase White of Boston—
Filene"s Sons Co.
below.—V.
160,
p.
1292,
-
§ Expenses
Gas
Electric
&
Corp.:
less/pi isc.. income—
Interest and
.
o^her fixed charges—-.4-^——
net income———
dividends paid
—
tConsolidated
Preferred
Consol.
earnings per
common
—
share—^——
3,921,444
4,433,530
11,410,043
6,453,640
11,860,386
$0.41
$0.44
6,453/640
140,245,977
"Including special
Wm.
applicable to corporation.,—-——/
-/Balance
Columbia
3,604,150
i
—>__<//
Capital
>*
5,155,909
*
and
liability __Y__——Y.
Contingencies
See
:
'
•
•
'1
has advised holders of said bonds to accept
RR.—Pro¬
Acceptance of Reorgan¬
4,326,304
int.—
income—
12 Mos, Ended
Accounts
cehts
the usual quarterly dividend of 15 cents ner share on
stock, par $5, both payable Dec. 23 to holders of record
Distributions of 15 cents each were made on April 1, July 1
per
17,269,254
■*/114,483.-
f/tConsol. net•'.'income-'
154,565
801,000
.•»*.£, ; •'
Y
*
90,600,729
payable.and pay-jrollSv^i.L^,^_—I-' 96,325,814
844,684
with subsidiaries—139,718,
1,367,058
Accrued interest, insurance* aad itaxeBuet-i—j • 1,258,863
58,702,874
Advances on contracts for wari materials—Y-/-." 82,495,024.
Federal taxes, on income: (estimatetU./xi—_/_
48,967,887'^ 37,312,982
Accounts
For
17,762,878
158,658
& min,
■(•Federal excess
Loss
4,398,522
39,014
477,678,125 418,486,999
Earned
Chicago Mail Order Co.—Extra Distribution—
55,298
,475,154
261,050
'
212,167
801.000*"
.
*
General
4,271,005
SExps. less misc. inc.—
Int.
>•
subs,-
will
To al
6,472,723
10,513,547
2,335,958
2,324,723
'
equipnientl_L-YJ,_'l_L///i
plant and
^Property,
Good
986,574
2,267,597
applic. to corp.-
Bal.
(Can,
—
employees
in partially-owned domestic
and
cers
5
28,575,065 101,978,160 103 783,262
798,475
14,939,357
47,995.367
,15^,358
11,473,009
3,462,975
826,968
7,760,644
2,520,038
2,585,546
revenue—.
corp.
Columbia
accounts//
advances and current accounts—offi-
Expense
a'''
taxes-
prof.
other fix.' chgs.
div.
Pld,
180,135
and misc.
SSundry investments
■' $
2,412,296
1,177,113.
income
I lit, -«j
55,871,967
83,991,979
England)—at cost__-;_:-___—
estate not used in operations;
Investments
1,732,495
' 61,695,618
-76,368,561
*/Inventories
Real
3,369,679
Y
foreign
contracts-—~/2_
supply and facilities
15,111,431
//$
taxes—
income
oper.
Oilier
cost-plus-fixed-fee
on
28,927.072
Oper, .& maintenance-^
Prov. for retire. & dept
Taxes "other
than Fed.
Gross
:
fees
■'■
Y
1944—9 Mos.- -*1943
,"1944—3 Mos.—*1943
Companies:
revenues
fFed., exc.
213,241
costs
Sept/30—
Subsidiary
Gross
subsidiaries)
subsidiaries
Unbilled
other
yekr.
of
25,000,000
-
deposit for purchase thereof
tAccounts .receivable
Accounts
excess profits tax law is, inequitable,
lb
utility companies, with their necessarily
the
*'
to employes
Savings Bonds for sale
on
of
Comparative Consolidated Income Statements
Net
War
S.
& cash
utility
electric
the
distinction between
rates
Federal
Liabilities— Y
Glore, Forgan &
special offering on the Chi¬
Chicago Corp.—Special Offering
operation
no
Period End.
157,830,201 105,113,828
United States Treasury certificates-.
U.
profit,..
business,
its
Sept. 30,'44 Dec. 31, '43
:Y/w.
-'Cash
of
utility companies are regulated by public Authorities
(limited to a fair return), which rates cannot be increased as heairocl
to meet changing conditions and increased costs.
This condition is
in striking contrast with the fact that publicly owned utilities tuul
/ so-called cooperative corporations or associations are not so regulated
and in addition, are exempted from all Federal taxes.
Assets——*
A plan of reorganization for the road was presented to Federal Judge
Michael L. Igoe, Nov." 16, by the first and refunding bondholder's
committee.
■
• .■>
:
'
The company has been in receivership since 1932.
The committee's plan proposes the issuance of new first mortgage 57Y
income bonds in the face amount of $1,837,000 and 471,909 shares of
new common stock to have a par value of not less than $1 per share.
Holders of each $1,000 par value old Aurora Elgin & Chicago first 5s
will receive a $1,000 new bond and 256.9 shares of stock:
Holders of each $1,000 par value old Chicago Aurora & Elgin first
and refunding 6s will receive a $398.27 new bond and 100 shares of
.stock.
Y Y"
The new'bohd's. would be issued .subject to provision of Article 7 of
the plan, whiph°may reduce, the issue' by: the substitution ofYcash;in
the amount of'tidi more th&n $582,910.
'This cash, according to the
industry as a whole through the opera-
upon
large capital investment and low rate of capital turnover, and
industries- able to use their investment once or several times a
4"."A'
;:
;
systems
total net incomes of public utility
for each dollar of capital. The electric industry must
realize $1 of gross income,
can be net profit after deducting all
;
" / • ' '/'!■
4
"
a
The
Sheet
(Including all wholly-owned United States
Y.
.
percentage of which
expenses of doing business,
V
:
/ '
/
the. five-year period is the major
employ $4.00 or more of capital in order to
only
approved for the years 1942
Balance
over-
the- nature
of
in gross income
■
$9,327,227 $19,909,974
'
■'"'■■■ ' "Y'V
,Yy
paid on (Dec. 30, last
A similar extra was
..
taxes
other than the public utility induct}/ are
or use,
each dollar of invested
al at least
Frequently the total capital investment is used sev-
because
30,
pf profits which were
dividends
in 1939.
must provide capital- for plants and equipment four .and
more times the amount of their annual gross income.
In other words,
industries outside the public utility field can realize several dollars
the
Within
"
over,'-'
each year.
corporation and its subsidiaries for the nine
1944 include transactions which, urC subject
the
Sept.
; •
-
enterprises,
"turn
to
But.
provisions of the Renegotiation Act providing tpr"renegotiation
and recapture by the U. S. Government of ah^ profits*'found to be
excessive.
Profits on transactions subject to the Act appear to be
to
per'
of
Operations
25,913,040
Dividend of 50-Cents—
satisfactory
^
these Federal taxes, the total net
are
paid—was 10Y less than the
industry
allowances and
adjustment provisions, including
Billable costs and fees on cost-plus-fixed-fee contracts.
Y .
-
months
To Ray Extra
,
Y Y
.
:
Y'*. ■■/ YY'-;/--..// That American business must be taxed drastically
carry on this War to a successful conclusion.
The
$6,993,033
,.
apparent
is
once
'
$6,585,875
of.600Y.
/ oral times annually to produce earnings or
rfeturns,
"After
which
in Federal
that we can
But'the burden placed
Y able
the amis.
in
exps.
and its subsid-
after deduction of
of
Industrial
Y
■
been
have
corporation
tion-of tlio so-called excess profits tax is far less, than • the burden
imposed tipon public utility systems.
Industry as a whole was able
in 1943 to absorb the higher Federal taxes and still realize jun ihcrease of 100Y, in net earnings after all taxes, compared to earnings
in 1939, as reported by U. S. Dept. of Commerce.
The net earnings
of the electric-utility industry, however, were 4 Y less in 1943 "than
they were in 1939, as reported by the Edison Electric Institute.
:
;
chgd. to cost of sales
'1
Balance, to profit and
It
makes
amort,
increase
,
'$6.77
$4.21
and
Note—Depreciation
and
generally./'/'Y-':
' Y
29,460,848
19,580,094
9,790,381
Presidept, 'in
- *
•
income taxes.
In 1941, provision
profits taxes amounted to $27.,700,000.
excess
factor that has reduced the
,
Y
18,334,452
and
an
1943,
in
income—out
>
11,400,000
share—i.
income
corresponding figure
:
■
29,350,000
paid—--..
Dividends
Gas
•
*
''
' **
Transmission Co.,
.l
ot Utilities—In .1939,
Taxation
Federal
But,
•'
taxes
.-;V
*.-*•
- «
profits taxes, showed- an increase of 141YY indicating
operating results in all controllable expenditures./
- -
-
.11—
9,000,000
Stuart M. Crocker,
Chairman and
During this same period, the corporation's gross revenues increased
and consolidated net, income, before Federal income and .excess
.
,Y
Y/.. .''--7-f-Y.Y.
: V*"Y.' Y
y:
.
9,000,000
and
>
34,050,000
Earned per
434,713
I.
■
•
40 Y
,
319,520
:
Y.
,
Y
;
.
Corp.—Quarterly Report-
Completed—Tennessee
This represents
.
.
Y
-
.
profit:
Not
"
1960.
p.
iaries provided $3,955,000 for Federal
:
1941
332,957
20,901,434
26,565,360
auto-
inc.
Fed.
for
Prov.
•
•
v'.;'
*
business _l—
mobile
160,
30,
Columbia System, has completed construc1,2651-mile pipClirie from Texas .to' West.Virginia.' Delivery
JM
/Unfair
:
423,622,115 665,525,555
;
gin.,
&
..
en-
& interest
Prov.
..
-
,
,
'
675,054,972 575,094,582 380,737,791
——
adm„
of
Expenses
.
Pipeline
tion :of
■
36,960
;
^or
is not a part of the
'
Sinking funds and other
.
Stove Co.—1.50 Dividend—
<■
763,004,784 651,343,106 423,955,072 665,845,075
- YY-Y'YY' " y:' ■
••
;. / Y Yy1 YY'
income
Cost of sales
under
V.
Gossler,
The increase
. .
.
-
.-.*
Y
products-,,'762,318,365 651,008,540
income
686,419 .. . 334,565
Total
1942
-
civilian
estimated
$0.31
eh._
Statement
-
1
■:
"Sales of war materials
35,607,152 45,234,748
10,294,319
9,467,243
28.062.542 ..31,394.307
23,344,782
26,347,753
$3.05
$3.38
4,8.23,916
804,249
3.227,858
2,710,574
-"1943
Sept. 30— -11944
G.
New
,'Y v.
'
Other
-
1 Of, natural gas lo the Columbia System at two points in West Virginia,
in/accordance with the terms of a contract between United Fuel Gas
Co., a Columbia subsidiary, and the Tennessee Gas and "Transmission
Co. began on Oct. 31, 1944.
'Y'"
-'7.-;■/: V"''■ Y ./
■"/';'/ ''
,
Comparative Consolidated Income
&
shown).—See
which
•
'excessive profits have been re¬
activities.
thoughts and
9 Mos. End,
and excess
profits taxes
—
Other railway taxes.—
Net
]
<
18,844,755 183,638,580 173,571,212
18,922,902
aS
Philip
to the
Much discussion has-taken fclace
the press -concerning the many
problems of transition from war work to products for peacetime
use.
The automobile industry in particular was almost completely
dismantled, to accommodate its plants, and machinery, to the products for war.; The transition back to automobiles will be as large or even
larger an undertaking.
Corporation's " executive* personnel are" alert
and conversant with these problems and are ready-.to undertake the
move as soon as the progress of the war permits, but for the present
feel they should continue, to keep, the winning of this war first in
1944—10 Mos.—1943
$
1944—Month—1943
y $
$
Octt 31—
Net -income
which
no
present war work continues to absorb our manufacturing
ties- and our engineering- talent, and we regard It our first "duty
Date
to
Year
and
October
for
Gross income—
Federal
31,
At
;
Period End.
Dec.
gotiation Act.".;,-,
,/vyy./-
VEarnings
'■
.
(
Nov.
on
) letter to stockholders, state:
to the 'contractor during the. contractor's .fiscal
1943, from contracts or sub-contracts of the
subject1 to renegotiation'pursuant, to the Rene¬
by or accrued
ended
contractor
certificates will be
:■
Y
100,000 shares
Columbia Gas & Electric
reviewed by the Price Adjust¬
of"Oct, T6, "1944'we were
•
- ' ■
/ '';
:'r "
.//-/
this Board as follows;
lias been' determinedthat
"It
ceived
year
annual
-
■
the War Department;and as
Board of
advised by
dated Nov. 15, 1944, and will mature in 10
instalments of $360,000 each, payable Nov. 15 of each
in 1945.
They are to be issued to finance in part the
purchase of 1,250 50-ton all-steel hopper cars and five type 2-6-6-6
freight "locomotives, -with 25,000-gallon tenders to cost approximately
$4'658 374.
•■/' • - •. • :
Y - ■*. - */•:
"
•*'-yOther bidders were: Central Hanover Bank & Trust Co. and asso¬
ciates, -99.19' .for. l%s; Halsey,. Stuart & Co., Inc. and associates,
99.55 for l^is; Salomon Bros. & Hutzler and associates,
99.517 for
lH/s, and Harris, Hall & Co. (Inc.) and associates, 99.17 for l%s.:
;
v.
,
its
earnings for 1943 have now been
The
ment
year, starting
-■
'
have
continues at a high - level. Our Evansville plant, has
ammunition contract, ; having produced' 3,000 million
rounds and is now .converted .to a Tank-Overhaul Depot where , used
tanks are rebuilt to the latest tj^pe fighting"equipment:
\
■>
completed
Trusts Awarded
—The company Nov. 16 awarded, subject to Interstate
Commerce Commission approval, an issue of $3,600,000
serial equipment trust certificates of 1944 to Marine Mid¬
land Trust Co. of New York, and associates, on their bid
of 99.901 for 1%% obligations, an interest cost basis to
the company of approximately 1.769%.
Participating
with Marine Midland Trust Co. were Bank of America
National Trust & Savings Association, San Francisco;
Commerce Trust Co. of Kansas City; National Commer¬
cial Bank & Trust Co., Albany, N. Y.; Fort Worth Na¬
tional Bank, Fort Worth, Texas; National City Bank of
Cleveland; Republic National Bank of Dallas; Marine
Trust of Buffalo; and First and Merchants National Bank
The
par)
been
have
items
new
tank production,
Chesapeake & Ohio Railway—Equip.
equal
•
fighting forces and to the country.
with
Government officials and' in
.
($100
'
declares.
of Richmond.,
Pueblo's
21 declared a dividend of $1.50 per share on
of outstanding common stock, .payable Dec. 8 ;to
holders of record Dec. 1.
Distributions of 50 cents each were made
on March 3. June 3 and Sept. 1, this year.
Last year payments were
as
follows:,. March ,31, June 30 and Sept.. 30, 50.cents each, abd
The directors
*.^7 "'•jC'
-J.*;, >
V-
of
many changes in- the character of out war
; Dec. 8. $1.50.—V. 160. p; 725. '
,
Y Y „
replaced others when contracts were .com¬
pleted. Changes in tlm character of fighting the war have'resulted in
v
Colon Development Co., Ltd.—Correction—
contract terminations -and cancellations but other items; -have-more,
A''
The earnings: published hi tliC "Chronicle" of Nov. 8 ar e Those
than taken up the slack. Our Dodge-Chicago plant is rapidly building
the quarter ended June 30 (not for the' three months ended Bept.
up its
production of engines- for the B-29 Super -Fortress.-'arid, our
there
While
work,
without foundation in fact," the
illegal purpose is absolutely
any
;'
,
Y
Coleman Lamp &
Chrysler Corp.—Quarterly Report—K. T. Keller, Pres¬
ident,, states-^ -,
shares
3,500
stock, for $400,000,
160, p. .1523.
the
„
,
'statement
V.
,
Y
also
OPA
The
ments.
;
seek to participate on behalf of the adjustment
in the .work of. the reorganization managers,
Mr. Belshe said, and will endeavor to assure representation of thesq
bondholders on the new board of directors 'as'recommended by the
Interstate Commerce Commission.—V. 160, p.
2181..
bondholders
receive
to
is
subject to adjustments.
Cities Service Power & Light will apply the proceeds to the payment
of bank loan notes held by the Chase National Bank, New York —
.
fixing
,
Service
Public
common
Committee will
The
and
■
,
.
mortgage
.
Foundation as
Service
the reorganization plan pending a decision by-the U. 8. Circuit
of Appeals which has since dismissed appeals brought before
adjustment mortgage bondholder groups - and • other appealing
parties.
purchase by the Public Service Co. of Colo, of tue ou.staridihg
stock of the Pueblo
(Colo.). Gas & Fuel Co.. from Cities
Power & 'Light Co. was approved Nov. 10 by the Securities
Exchange Commission.
common
had previously advised holders to refrain from voting
The Committee
Chemical Foundation
the
Cities Service Power & Light Co.—-Sale Approved—
»
'
.
selves
Monday, November 27, 1944
FINANCIAL CHRONICLE
THE COMMERCIAL &
2292
-*For
comparative
purposes
the income statements of the-previous
periods have been restated. tThe provisions for Federal1 excess
taxes for the periods shown above have been reduced by debt
ment
credits
gate
to
10Y
and estimated post-war
of
Federal
excess
profits
retire¬
credits "equivalent in the aggre¬
profits taxes.
fOf t.^ese amounts
to the corporation by the subsidiaries in the
dividends during the 12 months ended Sept. 30,
1944 and $17,319,563 during the
12 months ended Sept. 30. 1943.
§T^e parent company, Columbia Gas & Electric "Corp., incurred no
Federal excess profits taxes in these periods.
The Federal income
and other taxes of the parent included in these figure" "re: /Three
months ended Sept. 30, 1944, Federal income $266,276, other $11,627;
1943, Federal Income $137.^66, other $26,377; 9 months ended Sent. 30,
1944, Federal income $448,880, other $39,724;
1943, Federal income
was paid
of interest and
$16,579,060
form
ii
>,.IVm?
I,
I,
to file Federal tax-returns
8385,275, other $47,754;'-12 months ended Sept. ■ 30, 1944, Federal in?.- ,
cdme ' $702,816,/.other; $02,359;. 19.43; .Federal income $672,661, : other V $25,144.-
:..;/
:+;:^/;.// v
.
do not include American Fuel
and Power
subsidiaries." The corporate charter of'American Fuel and
its
or
of
-
,,.!
on. a
Continental Telephone Co.- -Earnings—
Adjustments
to
separate company basis.
acoruals:hav*r been .allocated over : the entire calendar year
tax
were
Gross
whose
Co.,
assets
little value.—V.
of
are
160, p. 2068.
Commonwealth Edison
! 39 Weeks Ended—inc.' from sale of facilities,
records,
;
$.62,730,765 $53,846,100 *
comnjisions, record'
and', agency
$42,893,757 $37,333,566
Operating expenses and-cost of goods sold-/Selling* general,and administrative expenses--.
25,526,402
7,451,265
and amortization—;
21,852,893
6,789,964;
695,030
Fro vision .for
depreciation
Federal
for
taxes.-A—.--'..t.
income
""Ex'cesS profits:takes.—
: Net
income
WeekEnded—
•
—-.-—t—-
.
$3,245,625:
$3,399,030
•
$7,996,625;
1,777,500
2,973,500
$1.89
share—$1.98
•'Less- post-war refund of $468,000. in
1944 and $330,000 in 1943.
tCaloiHitert umn the 1,717.076 shares of $2.50 par value stock out¬
standing as of Sept.' 30,, .1944 and 1,716,942 shares at Oct; 2, 1943..
fEarnings per
'
: +z
The directors on Nov, 17 declared a cash dividend of 60 cents-per
share on the present class A-and class B stock of $2.50 par value, •
payable Dee. 8 to holders of record Nov. 24. Distributions of 40, centseach- were made on March 3, June 2 and Sept. 1, this year.
In-1943,
payments were made as follows: March 5, June 4 and Sept. 3, 30 centseach; and Dec. 3, a year-end of 90 cents.—V. 160, p. 725.
Columbia Pictures.
,
■
Corp.—Income Statement-
inc.
Gross
rentals
irom
'*• 3944
1943
■
'■
195,752,000
-v
•
52 Weeks
June
" June 30,'44 June 30,'43 June 27/42
:/•*',
J
-.'.--v.'.
~V; 160.
2181.
p.
and
" +
A
subsidiaries
other
982,449
745,112
Light
$6,154,283
$5,343,868
•-'++'/
Philip
20,866
Drl3,192
-'
■
$87,425:
$91,067
17.259
15,321
24,897
10,474
10,473
35,000
35,000
53,62510,473
Balance Sheet,
.53,625
20,947
,
Sept. 30/1911
companies/ $2,190,308;
subsidiary
other in¬
vestments, $300,000; special cash deposits (sinking fund), $13,500;
cash in banks, $126,631; accounts receivable, $7; total, $2,630,445.
—0.1
+0.4
—0.3
;
($100 par).
Liabilities—-77+cumulatlve preferred stock, participating
stock
($100 parU $235,.700,7
funded-debt, $900,000; account
payable, $1,091.;. accrued taxes, $9,288;
accrued dividends, $13,582;
employees' benefit fund -reserve, $4,979; capital, surplus,., $36,783;. sur-,
plus
reserved
for
general
contingencies, $105,000;. earned
surplus,
$114,771; total, $2,630,445.—V. 160, p. 829.
/
$161,900;
•
6Ve(y.
stock
.preferred,
cumulative
($5
par),
$1,047,350;
Cuba Northern Railways—Interest—
.Chicago.
Sullivan -at
Lj
5 Va 'k
deposit,
the
of
provision
the
and
presentation of bonds for stamping
series of 1942, due 1942, upon
the
of
rider
attached thereto;
receipt
and of $36.21 per $1,000 deposit
$14.91 principal payment and
participation certificates for 1944/
amounting to $17.96 less,Cuban tax of $1.08 to be withheld at source)
for
would
transitory
a
plan for the issuance of participation
certificates, payments will be made on Dec. .1, 1S44 of $4.57 per $1,000
principal amount of C.uba Northern Railways first mortgage gold bonds,
principal amount.
bondholders
with
procedure for
paid $246,660 in cash, or $30
would be
notice that, in accord¬
constitution of Cuba, the
The New York Stock Exchange has received
,
ance,
additional $10 after-expenses,
$100
Commonwealth
said
$16.88
get-$32,266 cash/,or $30 for each
bond.
$100
$78,902
11,333
Light & Power Co. and Inland Power & Light Corp., both
of
the Middle West Corp., was
approved Nov. 17 by
an
each
r'
$82,195
Assets—Investments/in
% Change;
+ 0.5
bonds
cash
interest
($4.42
payment
payment,
lieu
in
of
"
Middle
would
West
receive
full
in
claims against-
Satisfaction of all
to holders of record
$260,786 in cash, 39.278 shares of Arkansas-Missouri
stock, valued at $285,000. and 26fr share of the balance
in any tax escrow fund to be established in connection with the sale
of Kansas Power Co. and Missouri Edison common stock.
Creditors of both Inland and Commonwealth would be paid $30 in
both
/ .../.-■
■,
.
$100
principal
claim
of
amount
as*
Cuba Railroad—Interest—
The
Kansas
Maryland,
follows:
Commonwealth
of
against
Inland
Power
accorded no
was
asserted
series A, lxk f,'o, extended
mortgage gold bonds, series B,
$1,000 deposit receipt for said
bonds ($4.42 interest payment, $14.91 principal' payment and $16.88
cash payment in lieu of participation certificates, for 1944, amounting
to $17.96 less Cuban tax of $1.08 to be withheld at source) to holders
thdn
less
•::
:
to
was
be
to
2069.
aggregated
.//
;
1946,
first
and
6extended
See also V. 160,
.\ 7-V-
indebtedness/
to
lien
refunding
and
1946, and of $36.21
per
20,
Nov.
the close of business on
of record at
•
the
of
provision
first lien and refunding mortgage gold bonds,
'
-" ' '
made in the plan of participation by preferred or
common
stockholders of Inland Power or by common stockholders'of
Commonwealth because the fair value of assets of the companies was
>
provision
in accord¬
Cuba, the
notice that,
Constitution of
has received
Exchange
transitory
a
procedure for deposit, and the plan for the issuance of participation
certificates, payments will be made on Dec, 1, 1944, of $5 per $1,000
bond on surrender of the Dec. lj 1944, coupon from The Cuba RR.
'
claim
York Stock
New
with
ance
$1,150, and $268 on miscellaneous claims.
p.
20, 1944.—V, 160,
Nov.
■■'.■/:''■•/,■.•"
Corp.
for. each
A
close of business on
at the
p./7,--■;,/;/+:/■;
companies
Power
Commonwealth & Southern Corp.—Weekly Output—
$2,913,463
15,716
~12~332
6V2preferred stock*
paid on com. stock
Co.—Reorganization
Power
&
Holders of Inland debentures
for
712,78(1
-
2,545
preferred stock—
common
'
Judge
bility of
Fed.
than
$103,399.
12,332
,
Div.
Already approved by
the SEC, -the. plan provides for distribution of the companies' assets
among senior security holders, and creditors..
Bondholders of Inland Power Would be paid an initial cash distribu¬
tion" of $2,417,688, or $66.75' for "each. $100 of bonds, with'the possi-. »
Federal
No
.
accessories
$37,092,134 $32,423,487 $27,245,363 $21,648,691
Amort, of prod, costs—
18,432,238
14,538,416
12,596,7-97 11,507,970
2,697,416
Share to other producers
1,972,809
3,672,954
3,897,233
315,664
Cost of accessories..
471,825
411,950
397,743
6,399,007
9,078,531
7,711,187
'6,727,341
Gen,, adm. and sell, ex p..
/ taxes.
29,338
,
$102,302
■
reorganization and. liquidation filed by trustees of Com¬
of
plan
monwealth
participation.
r
Taxes?
25,504
■
pref. stocks—
on
7/0
-•
,r+:+/.
•
Commonwealth
•
28/41
•
Divs,
'
of film
and sales
32,527
37,673
$104,405
income—L—Z—
Net
ll_-f-_i-197;623.000 197,889,000
Nov/ 4-_---/^i_—ii//-/-—•--/ 193,281,000 192,500,000
Oct.: 28------_..i—191,253,000 191,845,000
Power, $60,000; Commonwealth of-Virginia, $10,942; State of
52 Weeks
52 Weeks
12 Mos.
Period Ended—
'-V* «'• v
18----—196,638,000
cash
(Includes Subsidiary Companies)
Co.—Weekly Output—
Nov.
.
*
Cents—
To Pay Dividend of 60
:
-*
Approved—
$9,384,030
1,785,000
4,200,000'
1941
$132,737
•
output :of the Commonwealth Edison group of companies,;
other electric utilities;, for .the week ended Nov. 18,,
1944, Yshowed a 0.5 '/<? increase over; tne* corresponding period of 1943. ;
Following are rthe'kilowatt-hour output, totals of the past four weeks
and-percentage comparisons with .'last year;;
1
$7,925,60.9
.71,016,
163,020
deductions—
inc.; less miacell.
Total.income
Provision
765,100
$3,221,030
ZGross, profit
Miscellaneous
-
—
Interest
Electricity
•
NOV.
Balance."
33,153
$110,882
28,687
earnings:
*
1942
$134,830
Amort, of defd. exp.——
.excluding, sales* td
16,512,542.*
19,837,008
; returns, allowances and d tec ou n t s-_
;
-,
talent, lines,
etc,
discount
Time
30./44 4 Oct: 2, '43
Sep.
,
Gross
•
/
$142,078
.
\
■
Subs.)-—Earns.
Columbia Broadcasting System, Inc. (,&
.
and taxes—
exps.
Net
has' been-
;"1943
c 1944 7
$144,035
'
earnings——.—.
Oper.
of 'the
cothpany for : the periods involved in the consolidated tax
repealed/and/its; former; assets*-'Ofe" held-;by/a
returns of iTlre-United Lignt.'and..Power. Co.,- an affiliated holding
trustee., under the "Federal Bankruptcy" Act/
Trustees in . bankruptcy «•. company.—V.. 160, p. 829.:,, v
•
-*
have also been, appointed for its subsidiaries, except - Kentucky - Drilling,
Co,
Sept/30—
9 Mas/End.
applicable. tDiffcrences in Federal in- ;
come., and excess; profits taxes; • after, deduction of post-war credits, ■,
due to the .inclusion and the contemplated inclusion of the income
which' such .adjustments
,
Note—Above'Statements
Co;
Power
2293
FINANCIAL CHRONICLE
THE COMMERCIAL &
Number 4337
Volume 160.
1944. '
Deposit Receipts for First Mortgage 5% 50-Year Gold
/
kilowatt hour output of electric energy of subsidiaries/./ Bonds—
The New York Stock Exchange has received notice that amendment
adjusted to show general business conditions of
No.
for the week ended Nov.
16,
1944 amounted to
1, dated as of Oct. 5, 1944, to the procedure for deposit dated
Oct.
as compared with 252,474,503 for the corresponding week
1, 1940, for Cuba RR. first mortgage 5%. 50-year gold bonds,
due
increase of 10,143,438 or 4.02%.—V, 160/ p. 2181.
1952, became effective Nov. 13, 1944, and that deposit receipts
(old)
are
exchangeable for amended deposit receipts at office of
Bankers Trust Co., Agent.—V. 160, p. 1734.
The weekly
*
Operating- profit——
Other income
(net)—
115,409..
of
in
88,131
received—
Total
.
foreign
taxes
of
exp.
bank
1
»,--■•
•
136,692
(est. L§4,229,625
'
■
,
*
.
_Z-z"'
—
income
and
dividends---
Preferred
257,827
(cash).
183,134
,r
divs;
Common
$552,744
$1,611,659
•206,261
$1,802,280.
/
"206,261*
-52,005,835
profit———-
Balance
$346,483
■
•'; • ■ ■
$1,405,398
and
a
amortiz.
taxes
amounted
which
$4,050,000,* less
debt
to
credit of $405,000,
Consolidated
<
•
//.»
,
.
Sheet, June 30,
Balance
(Includes Subsidiaries Operating
:
payable
PAmble within
prothtcers
U, IS.
!
;
15/ 1944,
$1,280,000),
notes,
;
12 Months Ended
operating
stock,
6,810,295
Sept.
;
Depreciation
-
.
L-'
'
State, local and riiisc. Federal taxes
"Federal income and
excess
1,186.123
1,582,423
3,467;+07
.1,377,127
1.895,635'
1,448,430
3;069,476
$3,084,000
1,861,367
'
profits taxes-+^. /--'
Balance
*••
tDiffercnce
tax
due
inclusion
to
return
in
consoh
Federal
-
I).'
•:
1,064,732.
..
'
Net
Other
-
operating income—
income
Net
income
income
Dividends
c
•
on
Z
1
—
:
deductions-
$3,850,682
1,077,212
—$2,773,470
—
preferred
$4,148,733
(
33.410
,
stock,,.-!.,,
Balance
*
$3,817,271
___•
(net)—
Gross^ income
Total
•
will, hold
—Z—,
827,548
$1,945,922
■
69,424
$4,218,157
•
-
973,438
$3,244,719
*827,548:
$2,417,172
Represents the. estimated Federal income and excess' profits.;,taxes:deduction of post-war credits, if the company
were required
after
which
shares,
except 3,330
1293.
approving
a
to
plan
merge
-
.
owned by Derby Oil & Refining
are
.
.
declared
have
directors
,
Co.—25-C@nt Dividend—
dividend
a
of
cents
25
share on
per
stock, par $1, payable Dec. 26 to holders of record Nov.
was disbursed on June 12 and. Oct. 31, this year,
common
A like
first* payments
amount
since
Jan.
paid.—V. 160, p. 1293.
was
and Gas Co.—Sale—
when an
' : \
1942,
24,
-
initial
of 25
/
'
cents
-
The
stock
common
$100)
(par
for
a
base
price
of
1943,
7.
was
Iowa-Nebraska's earned surplus deficit,
written. off agaipst . paid-in surplus,
created
the
for
by
purpose
a
transfer
to
V., 160,
*
-
.
p+2189.
*
•
.
,+
'
•
,
'
;*v
..
'■
.
•;
•TSivV/yt.jf'u
.
'*( • ',
'
-
f*.-
-
'Z
a
the debentures, with May 1, 1938, and subsequent interest
coupons, attached,
to, Cook,..Lehman,. Grcehman, Goldmark <fe Loeb,
20 Pine St.,:. New
York,. ,N, ,Y.. .attorneys, for .Arthur A. Ballaniinr/.
trustee, for endorsement thereon to evidence payment, of the dividend.Holders of'debentures. in respect of which no. individual/ proof of
claim was filed should -present their-.debentures.+0- Marine Midland
Trust Co.., 120 Broadwav, New Yoilt,, N... Y.. which as successor trustee
undfer the indenture/will receive and disburse /the. dividend f hi,.:resp^bt
thereof;
"In *' respect of: such debentures, iVlArme MidWrid -Tfrist Co/
presenting
V.
make
156, p.
a
rbarge for its services of 75 cents per $1,000. debenture.—;
.23051 iO
•
.261+
t
,
-H '
/
,
160,
p.
1967./
,
...
/
7
Inc.—Stock Split-Up—
voted
It: was
to
increase the presently .out¬
with
future
amount paid
I1-;-:
,
all
excess
Net
'1^44'''....,
*
1943
$2H,6.73,195,l$3;i,47,(3,938
$11,436,782 $10,039,503
profit
common
$6.12
share-__/.
'."45.23
Casting Co.—Earnings—
1944
MoSjEntf/Sept. 30—
i^urUixes.'VieHfii!"
Fed.
exc.
4,'206,170
/
S-f-rh+3;051,110
pfts.
for post-war
Prov.
1942
1943,
1°41
$40,444,580 $36,369,469 $22,833,034 $17,233,290
-sales
Est.
!
prdfits
EstjlFedUMbrmaf irid. &*(T
••*•
'
,/
159, p,. 2518.
Doehler Die
9
w.•!■•+
'taxes//.'—-■//•/---. 17,236v4l3/ ,.18,431,435
possible future inventory price decline
/
3,000,00')
and
Earnings per
—V.
'/„-."'.. f / ;///
,/
operating charges..„„_»„^_-:_/-_
Ended July 31—
for
Net
rtn
■■
Corporation-Seagrams Ltd .-^Earnings—
5,313,176
•r
1:3,878,039/
2,570,543
t241,919
427,854
-1,138,151
[+3,532,325
tax]
205,517
adjs.
4,417,403
401,242
$949,542
$3.20
$1,033,835
$3.48
debenture (with allowed interest), amount-,
ing to $17.83 upon each-$1,000 debenture, and a like dividend of 1%7>
on the other general and. unsecured claims allowed herein.
Holders of debentures can receive payment of. the dividend only by
will
share
common of no par value from 40,000 to 200,(300
rights of both class A /and class B stockholders will
B
'•Projit
bankruptcy, dated Nov. 15,
dividend-Jm .been .declared,., of i^i.7*' .on the principal
third
dividend of 25 cents per
payments ori class B common equal
01+.class A, of whicl^ 7^8,144 shares are
of stock ;are^d^ve one vote a
share as heretofore but whenever holders of both classes'of stock vote
as
a
group,, class B holders will, liave one vote4m/ueach share, and
class A holders a single vote for/each five shares/,h^d^r^ 160, p. 1967.
■
*
a
Holders of either class
outstanding..
Prov.
Continental Securities Corp.—Payment on Claims—
1944,
class
Dividend
one-fifth ,the
to
Year
' ■!'/
stock.
common
continue, unchanged
Income
that; since
"
B
Profit- after
of
830).—V,
& Raynolds Co.,
Distillers
amounting to
in an equal
A
value common stock, payable Dec. 15 to holders of
similar distribution was made on Sept. 15, last;
The stockholders on Nov. 17 approved a five?for-one splitup of the
shares.
,
stock-from Continental.. The' application
the proposed:deduction of $866,726 in the pro-:
visions for
accrued Federal/ taxdac.relafees-.•„to transactions prior to
Sept. 8/ 1943, the applicants conSide^iib proper that the total amount
of the reduction in provisions for Federal
taxes should be used to
restore-paid-in.-surplus rather, than., be. credited to earned surplus.—
•
5.
17 declared
Nov,
on
par
160,, p.
standing
$4,325,000,-
shares of its common
indicates
Dec.
Devoe
r-!
$2
new
V.
(see
class
Iowa-Nebraska
dlirectors
the
record
r
,
Pay 25-Cent Dividend—
Detroit Steel Corp.—To
/
on
a
amount of each; 15-year 5*+
618,471
,
on
of Derby Oil Co. stock, except Derby Oil & Refining Corp.,
one-twelfth of one share of the new-common stock .of
27.
Bv order of Oscar W, -Ehrhorn, referee in
v
,
of
amount,
6,016,899-
$3,198^800
Maintenance
12
Nov.
on
$1,075,800,
$18.106,714 $16,891,570
„
Dec.
Detroit International Bridge
paid by Central for suc.lv stock,-Iowa-Nebraska proposes to declare arid
pay -to Continental a cash-dividend of $600,000 out of paid-in surplus.
The paid-in surplus is-to be made available by reversing certain entries
setting/up,, provisions for Federal income' and excess profits taxes
which provision, thq management now believes to be excessive.
As of
+943
F»44. •.;
——
of
The
order, to avoid a large -adjustment of the base price of $4,325,000 to be
Electrio Co.—Earnings—
Sept. 30—'
vote
receive
the
subject to adjustment at closing-for the riet current position of IowaNebraska at the date the sale is consummated.
■
'
;
•'
Prior to
the sale of the common stock of Iowa-Nebraska and in
.
revenues
SEC
shares
for Federal taxes (less
-accounts payable, (story:
—
to
Corp.—V. 160, p.
hearing Nov. 29 on company's proposal to sell
to Central Electric & Gas Co., a non-affiliate, all of the outstanding.
securities .of/Iowa-Nebraska Light & Power Co., /consisting- of 33,684'
10.758
Operation
announced that system output of electricity
purchased) for the week ended Nov. 19, 1944,
22
Continental Gas & Electric Corp.—To Sell Unit—
payable to banks under loan agreement, due July 31, 1950,;
notes rpayable after one year (secured per contra), ,$25,000;,:
fds^v^/'for, contingencies,»$261.324; $2.75 preferred convertible stock: ,
(75,000 shares,, no par);. $3,750,000; common stock (368.268 shares,v
no.Cpat), $4,862,330; earned surplus, $8,284,633; total, $24,571,744—
V) 3(60, p, 2069.
+
Total
will
reorganized Derby Oil Co. for each present:share held..
Derby Oil Co.'s outstanding stock now amounts to 4,538,000 share.s,
to-181,300.000
The SEC
reserve
$3,097,653;
.;
the capital structure of Derby Oil Co., the
the plan,
Holders
•
,
$51,566; notes: t
contra), $12,500; due to outside
Ohio
$504,559
are
.
BOgiamofces
Southern
$273,399
16 approved the sale by the company of all the.
capital 'stock of Hoosier Gas * Corp., consisting of 10,000 shares of
common;stock (par $50) for a base cash consideration of $290,000 to
D. Gordon Rupe Jr. and R. A. Ritchie of Dallas, Tex., each proposed/
purchaser acquiring a '•507'. interest, . and
(2) the employment by
Consolidated of the proceeds to be* received by it in the acquisition in
the open market,
through .brokers,' of Consolidated'a collateral trust,
bonds due Aug. ), 1957, and Aug. 1, 1962, and the retirement of the
bonds so acquired.—V> 160, p. 1733.
"
.
//
The
vV\
$2,230,837;'*
expenses,
the
''
one year, $229,100; reserve for foreign taxes , (pay-,
flbjfe&Irt: foreign currency), $138,657;. deposits, payable, $50,050; deferred
4r)ct«7ie'>j(-inch $169,265 advance payments by foreign customers). $530,-.
Columhus
356,069
'
.
/ Consolidated Electric
tigfttts+'clue after
....
,
:
•
kwh.., compared with 218,900,000 kwh. for
the corresponding week of 1943/ a decrease of 17.2'f.
Local distribu¬
tion
of
electricity
amounted
to
176,400,000
kwh. compared with
214,900,000 kwh. for Jhe corresponding week of last year, a decrease
of 17.97c.—v. 160, p. 2182. v-'/'//':,+ •v.//.
"$750,000;
'
of
351,418
of
Executive
p*. 2069.
its operating snubsidiary, the Derby-Oil Co.
company into
the
1941
r':/
accrued
preferred
on
one year (secured per
participants. $297,591;
and
tax
arid
payable
.
Aug.
$860,629
$624,818
in the United States).
v.
Livibilities—Accounts
829.
p.
amounted
,
diyjfiend
etc.,
expense,
and for
International
V. Potash Export MY, Inc.,
N.
surviving
company/will be revised: to provide a total authorized*.stock of 500,000
shares, no par, which are to be issued in exchange for the presently
outstanding shares of Derby Oil & Refining Corp. 011 a share-for-share
all
includes
(inch $72,303.
from foreign customers and $43,811 from officers and employees), less,
reserve
of $170,000, $1,071,504; advances
to outside producers, less
rimounts recovered from film" rentals; $605,497; inventories, $16,915,548;'
net assets of subsidiary companies actively operating in foreign terri¬
tories. at May 27, 1944 (less cash remitted to New York subsequent to
May 27,. 1944, by subsidiary companies operating in foreign "territories,"
$360,494); $542,548; investments in and receivables from subsidiary
companies located in invaded European and Far Eastern countries
and in Spain and Japan (less reserves and deferred income, $623,491),
$9; sundry receivables (inch deposits- of $37,419 and foreign accounts' ;
of $39.906)/less reserve of $49,571, $54,605; other investments, $243,-.
351; fixed assets, at cost-(less reserve for depreciation. $2,281,239),',
$2,293,253; prepaid expenses and deferred charges; $445,591; total,
;
160,
(electricity generated.and
Assets—Cash, $2,459,838; accounts and notes receivable,
$24,571,744.
&
stockholders
The
this
Consolidated Edison Co. of New York, Inc.—Output—
on
and also
' > v"
&
—./'
The company on Nov.
excess profits*
excess profits taxes,>
J Includes
$3,300,000.
retirement
capital stuck taxes of $104,625.
disc.
debt
of
Co.,
the
operating in France
$3^0,000 debt retirement credit
deducting
9,509
-----!
&
has been Sales
Chemicals Corp.—V. 160,
basis.
Belgium guaranteed by the corporation in prior years, resulting in
as
indicated,
ilncludes $109,563 capital stock taxes and also
after
534,388
9,392
:
Net income
-V.
loss
is
1,325,058
534,286
"
—L—;
—„:
————
company
$3.84
$0.95
"Includes $23,617 in 1942 and $18,420 in 1941 for capital, stock taxes;,
also,
in
1942,
includes $370,000 for excess profits tax.
fBy the
corporation of bank loans of subsidiary companies
1,317,460
subsidiaries-—-———
of
1-
Grace
years
Derby Oil & Refining Corp.—Merger Plan—
•
of subs.i
dividends
interest
with
five
past
$'2,729,585
$2,485,958
(net)
206,261
$4.36
$4.89
.
the
Under
Int.,
share 011
; com. stock (no par).
per
associated
5,150
He has been
President.
Kenneth D. Morrison has been elected a Vice
3,342,506
361,828
.
—
premium
of debt disc.,
etc.
expense,
Minority
183,134
$1,412,884
/
'■/'/..
$1,564,874
surplus—
Balance,
Earnings
—
amortiz:
Interest,
+1,163,617
*145,420.:
.V--r'-+- '' /'t84,158
Preferred
Net
Davison Chemical Corp.—New Official-
$6,439,071
Minerals
Gross
Prov. for Fed, inc. taxes
Payments-
1943
..
_1—„*
61,720
13,679,563
i
earnings
.
124,995
131,752
loan
-
$844,042,
$2,900,271
$5,613,595
$6,372,152
1944
$6,597,611
Oper. expenses, maintenance and taxes.—
3,662,534
Prov. for depreciation and retirements.—443,967
Amortization of property account adjustments5,150
Gross
243,861
income—
incl.
Int.,
1943, an
12 Mos. Ended Sept. 30—
*
for
served
Community Water Service Co. (& Subs.)—Earnings-
longe.r required—
no
.
corporation
114,022
...
Res;
this
territory
262,617,941
Liabilities, provided for
; in prior yrs. no longer
required
Income of Spanish subs,
now
$728,634-
'
»
;'i •■*.«>,
Yli (
"
Net
'
profit
Earnings
per
sharC-.
$643,159
$2.16
$1,004,543
$3.53
-Before estimated Federal income,- surtaxes and. excess profits, taxes.
with respect to normal and surtaxes and 90'/ with respect to
excess profits taxes.
tAfter deducting post-war credit of, excess profits
tax of $309,207 "in 1944 and $401,242 in 1943.
.
r
j45*:/
To Vote on Merger—
The
bv
agreement and act of consolidation to be considered
a special meeting to be held on* Dec. 1L pro¬
eacht share of common stock for 21/ shares of
stock of $5 par value of Doehler-Jarvis Coi*p.—See also V,
proposed
the-stockholders at
vides
for exchange-Of
common
160,
p.
1734.
.
.
THE COMMERCIAL & FINAHCIAL) CHRONICLE
2294
Duke Power Co.—To Kedeem 4%
Bonds-r-
;«
for, the:.Ahree::mouth.s,:.ended -Sept. 30, 1944; was $76^240/ as- compared r,'
..with::$50,252 in 1943, $8,366 in* 1942 and $453,838"in
plan which limits the operations of the company, to a regional,holding
leo-,><•
'■ •
i; i
''' rcompany as provided in the Public Utility Holding.1;Company,': Act of .4' ,p-,'' 1183,
1935; the exchange or distribution, of the asseta' 01.' the vcompany pro "
rata among its preferred stockholders as a liquidating); dividendii.they
Eureka Vacuum Cleaner Co.—New Product—
f, -use of the asset* of. the, company in. the operation .of /any.;' of -its"; sub-'-,
*
/Authorization to start: production ;bf a newly-perfected cordless elcc*' "
holding companies or subsidiaries thereof other:- than" American,; & \
trie iron has been, given by the War Production Board- to • the
Foreign Power Co., Inc., and its subsidiaries; theipayrrienfc-to;directors
Eureka *. Vacuum Cleaner Co,, Detroit, it was announced-on Nov. 17
and officers'of excessive salaries; any connection'' with1 the, management';,
by H W
and control of American Power St Light Co. and, Florida • Power .&.!" Burritt, President.
' ; r:
which, among other things, seeks fa restrain-the consideration;', of. any
■
;
Mondays November^!944 ^
•
•
194L—y'
'All of the
outstanding,first and refunding- mortgage 4% gold bonds,
due 1967, have been called for redemption: on Jan. 2, 1945,. at 10'4 .and
•interest.
Payment will be made at the Guaranty Trust Co., trustee,.
140 Broadway, New York, N. Y.—V. 159, p. ,939.
'
/"
'!
-
-
-
Eason Oil Co.—Earnings—
9 Mos. End. Sept. 30—
1943
1944
1942
1941
•
;.
$1,321,470:;
$598,593
$784,114
serv.—
369,889
287,349
497,980
927,524
Oper, & gep. exps...—_
180,701
/ 152,797
155,833
169,258
$2.70,610
$158,448
21,424
$130,301
Gross
Net
$821,200
income,.—
oper.
of
Cost
Sales
&
profit,—
oper,
22,008
Other income
chargesDap— deprec., etc
$241,280
7,709
151,717
~
126,681
61,534
25,984
15,250
26,100
$104,404
$51,068
$66,330'
$60,633
17.496,
18,598
19,943
20,864
Not profit
—————■
on/pfd, stock——
Div,
'
and
in, banks
Assets—Cash
$249,359;
hand,
on
receivables
.
(net)
-
file
,
$.1.14,054; inventories, $45,278; investments, $270,621; deferred receiva¬
bles and ctlier: investments, $80,274; property,
plant and equipment
$1), $460;520; paid-in surplus,
treasury common stock 1 (146,328
$305,200; common stock (par
$1 654,192; earned surplus, $185,584;
yhi,res
Br$841,479; total, $1,946,552.—V. 160, p. 1183.
at cost),
Services, Inc.—Weekly Output—
Ebaseo
ended
week
the
For
the
:
■
;
inputs}of client
the System
1944,
16,
Nov.
operating companies of Ebaseo Services Inc., which are subsidiaries of.
American Power &
Light Co., Electric • Power & Light.;;Corp. ana
National Power & Light Co.,. as compared with the corresponding week
,
during 1943 were as follows;
•Thousand s of Kilowatthours-
.
-Decrease
182,869
Light corp.—
90,996
National Power & Light Co.—101.982
Power 'St
The
,
■
.
194,235
97,585
■
4,685
—:
5.8
6.7
4.4
11,366
106,667
American Power & Light: Co.—.1—
Electric
Amount
1943
1944
Operating Subsidiaries of—-
;
6,589
.
System, inputs of, any com¬
periods.—y. 160; p. 2182V .;
figures., do not' include, the
above
panies not appearing in both
The
United
Gas
reorganization
of
accounts
Gross
19.
Nov.
v '
■
'
Comparative Statement of Income'
i
!
Sept.'
Period End.
Dividend
$5,764,962
$6,811,330'
497,670
2,292,367
1,898,127
16,677
58,847
60,645
———,';•// 522,243
income
Total
Other
.i—
income
——_
expenses
—
73,379
199,313
$1,152,947
$8,770,102
2,315.680
.1,997,117
268,157
858.330
$—05,200
/ 475,989
45,831
178,297
,
.J—-,.—,-
$8,1-16,176
$2,187,890
,
609,998
$1,853,064
income- taxes—
Federal
.
14,350
Other income —2——, i.
i Other taxes
1944—12 Mos.—1943
1944—3'Mos—1943
$1,316,471
$1,673,543
30—
Interest income
$4,992,572
228,385.,
614,933
stock
Pfd.
to
—
divs.
.periods,
appiic. '
whether
'
.
■'
\
•
</ '' //"'■'1 v
1,820,317
6,610,317
Balance Sheet, Sept.
Prior
$
Investment securities & advances
•'■■■
/
United
.
Gas
Ebaseo
-Bonds:
Corp.
2;.—,
Inc.'
Services,
"/•/■-
••
■
Texas
Gas
Light Co.
St
Power
United
27,925,600
50,000
27,925,000"
50,000
-/,/' /■'.-."
5,037,120
1948—-
25,000,000
19,500,000
3,264,997
25,000,000
19,500,000
———
Opera tion
ccmpanies
——i—j//'
—w——-I,—hi—.-
Associate
current
-
■
512,247
Amortiz, of plant acqui
sition adjustments
Federal
income
assets—
—
Other
Prepayments
————
'_
/ 875,852
573,188
14,164
-;/•■'/.
68,591
$119,078
$387,449
$1.83
$0.48
$1.59
•
244,191
392,941
■
operating
,
''
J0r9,192
Br2,403;
of
tools
on
Canada
receivable
(less
dies
and
deposit, $2,637,171;, marketable: secur¬
bonds)
all
at
of
reserve
and
A
;
cost,
$23,316; trade accounts
$2,186,122; expendi-;,
$147,313),
other
charges
000;
other .notes
payable,
$83,604;
"V"), $2,700,
payable,
accounts
trade
$167,342;
payrolls' and- payroll taxes) $334,089; miscellaneous accounts, payable, !
$144,003; accrued royalties, taxes, commissions • and other, expenses/ !
$141,707; /reserve -for renegotiation, $256,000; reserve , for. price: r«de-;
termination of war contract; $14,761 p reserve for post-war. rehabilita-"
tlon and:other, contingencies,.$263,000;:portion of;long-term indebted¬
ness: maturing prior to Oct. T/1945, $356,600;' long-terra indebtedness;
$603,686; reserves, for general contingencies,.* $126,880; reserve: for loss
-on..-purchase-commitments, $25,000;/reserve for field engineering arut•
,
$104,299;',. reserve for
serviee,
loss
on
warranty,
$65,568;
for
reserve
post-war reconversion of plant and termination, wages, $50,000;- capi-J'
tal stock
(par. $5), $1,220,953;
capital■'-surplus,, $1,351,729; earaed
surplus,
$13,100,138;
$11,115,262.—V.
total,
Ever Ready Co.
^The)
-
160; p.
1400.
1
!
(Great Britain); Ltd.—Divs,—^
.
The
.-
declared
have
directors
-
dividends
interim
for
the .half-year" "
ended Sept; 30/1944, as follows:
5'/)'on the preference stock and 15v,«
These are payable/on Dee. 1.
: •, : " /
For the year ended March 31. 1944; the company paid on the ordinary shares the following' dividends:
On Dec. 1, 1943, an fnt'erim of
on-the ordinary stock.
.
,
.
«::
1
-
( '
;
■
68.452 '
Balance
Fall River Electric
Light Co.
-Earnings—
/ $2,466,784 ' $2,599,722'
operating revenue_____.__.._—
'
Other, income
.Total"; gross' earningsL.-„-//j_/_l«„_/-.__I
142,199
and
Interest
'
''(.'"47,106
surplus—-—
1,499,909
71-944
-
127,500
250.087,
246,453'
173,740
charges/——/—,/—-
other
.
251,864
•
«
138,765
$2,738,487
.72,031
127,500
Depreciation - Jz.——
Taxes, other than. Federal taxes on income.
Federal normal income and surtax——/-.,.
-
1,517,796
,
Maintenance
.
;
$2,608,983
Operating:; costs ■—
,
'
1943
1944
9 Months Ended Sept. 30—
Gross
$418,946
and
amortiz.—
390,885
—v;
*. 3,855,815
4,182,610
326,837
$924,793
Balance for dividends arid
.:,
$1,016,194'$"13,093;399; $11,;497,527
$1,315,678
-.
48,396•
$689,357
160, p. 830.
:
'"
.
*;
$494, m
;.-■■■/•
528,326,645 542,937,269
Liabilities—• :'
$5 preterved
Balance
:
■.
Common stock
Preferred
25,409,700
100,474,700 ;
26,251,788
26,251,783
22,300,000
stock (no par)___
stock (no. par)----
$6 preferred
(S5 ,par)_^_..„^./.:.
Amount
Accrued
Bal,
155 238
Federal Machine
applicable
to
minority
$6^671)856
-
;
: 14,394
''
interests---.-— /;
$5,497,101,
3,412,303
Bal
4,893,982
Earns,
appiic. to Engineers Public Service Co.i—$6,657,462
of
earns,
from subs,
inch
as
deductions
above:
$5,474,506
$6,657,462 i $5,474,506
applr. to Eug. Public Service Co.
)
/
'
-
.
.
Welder Co.—Debentures
our
Offered
issue of Nov; 20 of the offer¬
(with attached
.\.-
sinking fund debentures due Sept. 1/ 1959
'
purchase warrants) at 100 and interest..
stock
-t
-
&
made in
was
ing Nov; lf> by Central Republic Co. (Inc.), Feltasoh/
Tenenbaum Co., E. W. Clucas & Co: and Paine, Webber,
Jackson & Curtis of an issue of $2,000,000 15-year 5%;
22,595.
•
1,820,317
4,893.982
(appropriated from capital surplus).
Reserves
262,667
1,603,100
2,043,150
declared
taxes
—4--..:-./
'
200
200'
companies
Others
Dividends
requirements-.^.,—.
—-Mention
Accounts payable:
/Associate
dividend
$8,903,788
$7,641,712
4— ;,/' 2,231,932 ' v 2,144,610
88,370,000
Balance
'
Deferred', 'credits '■
Capital
surplus
.175,537
70,394
surplus
Earned
323,108,664 321,268,961
58,967,113
59,530,129
——Jj
/ _.„!./
528,326,645 542,937,269
•
subsidiaries, cf ilus
company have
in
the
These suits involve subject matters and seek relief as fol¬
The alleged invalidity of service fees paid by certain companies,
Electric Band & Share Co. and Ebaseo Services, Inc.* and. an
accounting for, and refund of, such set vice fees unlawfully paid (dis¬
missed by New York Supreme Court as to this cause of action in one
of such suits but
an
appeal has; been taken by plaintiff from the
to
of
decision
sustained
tho
court;
similar
a
filed
Circuit
the
complaint
a-petition
in
Court
of
another
Appeals,
such
suit
Second
Balance for
Earnings
per
Ccrp.
subordination
by
on.
this
of
6'/
gold
said debentures and
company
of
such
debt
to
this
debentures
company;
and
debt
to
the
of Electric
the
invalidity of said debentures (dismissed by court as to this'
an appeal has been taken from the decision of the
Power St
Light Corp. in United Gak Corp.;
ecurt)
the
and
revenues
Expenses
Jan.
Inc.,
owing
.
2,210,136
1.
1936,
to
of
all
indebtedness of American & Foreign Power Co.,
in the principal amount of $35,000,000,
such alleged excessive interest payments and a
on
the
unlawfully made (dismissed 'by court and
plaintiff has taken an appeal to the New York Court of Appeals); the
validity of a portion of the debt of American & Foreign Power Co,. Inc.,
the
:
in
1942.
against
the
a
suit was commenced
company
and
its
by
officers
a
stockholder of this
and
directors
and
.
Purpose— Net proceeds arc estimated at $1,865,900.
Company an-'
ticinates a need for expanded manufacturing and research facilities,
3ft
,
_„_I
1943-
Balance
of
262,914
219,500
—
for
$3,815,655
241,360,
taxes.—
Accordingly, additional funds will be required
and it is contemplated that the proceeds
in the order stated, namely:
purchase of machinery and equipment, largely for the Tank Plant;
acquisition and carrying: of inventories; carrying of receivables; , and.
for
.
•
$3,930,-122
234,944
'
-
;
'
-
17,723
—III
11,191
$3,451,538
'
.
Preferred
for
dividends
and
surplus
$3,306,605'
—11
267
138
$3,451,271
$3,306,467
for
2,210,136
common
post-war production.
following
the
stock
1
2,256,084
$1,241,134
$1,050,383
$0.65
$0.55
~
purposes
debentures will
ihe
be used therefor
arid development,
research
Capitalization, Giving Effect to
'
1
:/
,
;
!-Of
:.
" Authorized
Outstdg. 1
skg.'fund debs, due Sept. 1, 1959
Capital stock
(par
$2,000,000
$2,000,000
$1———/-—*400,000shs. t295,088 shs,
the authorized
and unissued common
shares, 20,000 have been.,
reserved for issuance upon exercise of the warrants, attached
tExclusive of 16,838 common shares held in
initially
debentures;
to"' the
treasury.
In'addition
to
the
295,083 common shares
outstanding on July 31,
issued 2,500 common shares to James C,
at the price of $8 per .share.
,
/
■
/;
1944, company on NoV; 8, 1944,
Electrolux Corp.
Mos..End. Sept. 30—
„—!
tEarnings per share—
(&
9
♦Net profit
1944
common
stock.
Net
1943
$314,659
excess
profit
$0.11
$254,049
' '
profits takes:
after
Havi,. a director,
—1942
,
$133,474
$0.25
"After Federal income and
of
Subs.)—Earnings-
'
tOn
$0:21
1941.'
■
$1,347,260
-
$1)09
1,237.500 shares
providing for Federal income tax
.
Business—Company was incorporated in-, Ohio; July. 14,
was' first established
in. 1911 under the corporate
name,
"The National Elcctric Welder Co.", for the purpose of manu¬
facturing .machines for, welding metals^ using the process': known. as:
"resistance .welding."
The National Electric Welder Co. sold its'busi.History
1917,
.
Present Financing
1
:
.
15-year 5%«
!
dividends
Earnings per common share
--V. 160, p. 1734.
com¬
others
1, 1944; due Sept. 1, 1959, : Principal and
at'principal;office of; Cleveland- Trust 'Go.;/
in
.
Sept.
(Parent Comiianj/Only)
—
taxes
Balance
' $1.58.
/..
m
payments
company.
April.
(M&S) 'payable
Cleveland, Ohio.
Debentures are in coupon form,/$1,000
denomination, registerable as to principal only.
:
.
"/■ !
Each $1,000 debenture will carry a! warrant, exercisable only' ori
presentation.with the debenture to which it was attached on issuance;
entitling;the holder of such warrant to purchase 10 common shares,
(par $1) at $15 per share if exercised: on or before Nov. I, 1946/
thereafter, at $20 per share if exercised ori or before Nov. 1, fl948;
thereafter, at $25 per share if exercised on or before Nov. 1, 1949.'
Adjustments; increasing the number of shares purchaseable and de-;
creasing the purchase prices per share, upon certain contingencies/
a re provided for in the warrant agreement.
After, Nov. 1, 1949, • the
Warrants will be void.
/
/
•"
" ?1: ;
$3,026,943
.
$2,20
-
representing, reduction
company,
for
Sept.
dated
Bonds* are
interest
(trustee,
$5,283,027.
2,256,084 :
.
$4,202,648
taxes
——
-
income
Balance
a
accounting
refund
pany
Other
.204,060
$5,792,2.15 '
509,187
478,851'
1044
and
portion of other Indebtedness of United Gas Corp. owing
company; alleged excessive interest payments to the company
since
In
..
of action but
cause
to
-
$6,412,784
.shake—
the
investment-
in
.72,39.0'/
111,784
.
„
stock/.:
common
.
Total
Interest
to
'
Comparative Income Statement'.'12 Months Ending
United
$25,000,000
common
^-Charges m lieu of Federal income
taxes arising from
refinancing.
Federal
alleged
.
pfd. stock ©f Eng. Public Service Co._
on
Circuit,
S. Supreme-
49,999
-^63,659;
49,999 /
^
•
; $0,891,636
•
debenture? -due',1953) of
United
Gas
Corp. owing to the company, an accounting for such
alleged excessive interest for six years, and ra refund}, of ail-sums
unlawfully
paid;
the
prevention of further interest, —ymerits by
(including
Gas
:
•;
and -defendants
writ of certiorari- witli the U.
for p.
Court), alleged execssive interest payments cn $53,925,000 of'indebted¬
ness
t
/
Bal. appl. to stocks of Eng. Public Service Co.
Divs.
viduals.
have
!_
—
"
Total
-.
been filed
and are pending against the company, other com¬
Electric Bond & Share Co, system, and certain .indi¬
March, 1941,
panies
declared——
Stockholders of Subsidiaries, etc.—
Suits by stockholders of
lows:
dividends
Interest
Expenses, taxes and interest——
Suits by
since
Preferred
;
:
•
Earnings from other sources-,—,—
,
\
-
' 92,225 " L-Ur21,646
;
for
hand and
on
(Doriiinion
notes
Sept. 30, 1911
Liabilities—Notes payable to bankk (under regulation
;
$1,0X8.597 $13;001,173 *$11,519,173
$1,324,871
revs._.
Other income—net
;
amount
investments and other assets, $794,736; timberlanda (less
depletion and reserve for revaluation), $1,798,512; property,, plant and ;
equipment,: met), $1,348,916; patents and licenses; $1; prepaid insur¬
ance, $44,519; miscellaneous deferred charges, $109,845; total, $11,*
115,262.
'
,:-iz1
'■
^
4,627^327
5,263,932
A
$1,29
capital stock, par $3.
4'Includes provision for
of $1,040,850 in 1943 and $392,000 in
tax in
$1,978,088;
.'.2,09Ifl77;>,/——:
500,841
shares
profits
321,603,
200
Interest
Total
$448,434
to be billed to cus*,
tomers, $49,372; 'advances to- logging contractors, $144,665; inventories,
:
>: 529A79
-" 145,357/
10,836,071/ 12,104,675
16,150
1,031,134
taxes
Net
.-
4,015
200
70,819
■.
$577,000
$315,949
„
tures
.
.
200,000
re-
157<<f and' on June 6, a final of 25% ,—V.-159, P.-2302,
1944—12 Mds.—2943
1.343,338
taxes_.
."Charges
>;y,
667,000
;;A»sets-^Cash
$5,132,713 ■ $67,391,903 $57,845,848
1,935,720
25,798,56620,604,839
364,180. ';'4f514,508.- • 3,-613,130,:
433,986
5,357,293 .; 5,231,344
2,469,568
430,204
:
162,072
-
-tl,260,574
and
receivable:
interest
Other§
.
•—
-
'
.
Other
-
Depreciation
—
Accrued
,,_a -
$6,649,664
Maintenance
Other—system companies
413,204
Stocks and option warrants:
'/■■
Ebaseo Services', Inc.
1,690,000
1,690,000
.
' System •'••companies and miscellaneous/-—
405.672,265 405,679,127
Cash in; banks, on demand!—————.6,313,081
12,217,118
Temporary cash invests, ' (short-term securs.)—
6,067,604
6,625,388
,
.
revenues—.
plant__
260,236j
681,800
ities
date^m;ch'difference Bias.",
1944—Month'—1943!
Per. End, Sept. 30—
Operating
;
1953 —
Cuban Electric Co. debt.,
*
6%debs,,.
Service Go.
Public
of
66,719
44,209
Consolidated Balance Sheet,
earned
Engineers, Public Service Co, (& Subs.)^Earnings—-
1st, mtge». 4%Sj
5,037,120
?■
capital'-.surplus/'.'Since' that
applied: to
60,044
1942,
surplus as prescribed' by.'the uniform /system"/
of accounts for public utility holding companies ipromulgat'ed -. by-the *SEC: and adopted by the company as of April l, 1938.-—V, 160; p, 1734,
35,000,000
/
—
—
—
applied to
was
been
..
Co., Inc..—30,000,000
& Foreign Powder
American
April ,1, 1938, the difference botween./ledger, value.:, and
proceeds of securities which had been. carx*ied-as; investments
57,588
30,426
post-war
on
ton
,
to
realized
(ledger value)
receivable:
accounts
nr.d
Notes
$871,124'
$1,005,343
49,029)
in.c,' (est.)—.
excess
30, 1944/ 8.697-shares of $5 preferred stock and 33,624 shares.,
of $6 preferred stock had been purchased at a cost of $3,924,241.
'
1943
1944
$2,486,937
profit
tEurnings per share._.._
.
3ft
,
$1,551,218
Net
Sept
Comparative
Assets-
$813,536
263,000
taxes
The SEC on Jan. 22. 1944, approved the company's; application /to",
$5,000,009 in. cash together with the proceedsvfiom -the sale,of;
$4,048,500 of subsidiary operating company bonds;, in the acquisitionof additicnal shares .of its preferred stocks,
Pursuant to, said order; at
,
$1,021,552
Brl6,209
habil, & conting.„„i_
Prov. for Fed. & forgn,
use
7,580,771
$2,458,848
28,089
...
the
"•
1,034,722
Interest expense
Misc. -deductions
;
—
'
1 -" •'
1,603,100
declared or.un'declared
$5,611,104
1041
$1,848,258
974,426
$1,489,119
Total- profit
for
1942
$1,995,978
62,099
Operating profit
Prov.
1943
$3,600,656
1,141,808
1,471,690
Other income
Loss on, sale
Subs.)—Earnings—
1944
$2,960,809
..
$44,000,000,
"determinable,
; Net income
-
Sept. 30—
from sales
profit
Expenses
.
on:
!
.
,
now
Evans Products Co. (&
.
Murphy, President, died in South Orange, N, J.,
third, quarter.
engaged lOOCo in war work, was recently granted'."
permission by the Government to produce 5,000 vacuum cleaners ip
the last quarter of 1944; 45,000 in each of the first three
quarters
of next year; a total of 140,000 units.—See V. 160,
p, 2182.
>
.
.
in the
9 Mos. End.
company, if approved, wouhl be to. increase;
reduce investment securities ' and advances by
$67,771,074. and reduce surrdus by $2.1,771,074:; - ,'•
Company filed an application with the gEC for authorization; to Use ;
part or all of the $44,000,000 cash to be received from Electric Power
Light -Corp. under the plan of United- Gas 'Corp.*. in the:purchase, of,,
the company's $5 and $6 preferred stocks in' the open market; with""
the right to use all or any part of the unexpended portion of such
cash in. cophection with any other plan for the reduction of its out- ■
standing preferred stock which may hereafter be submitted by the
company to the Commission and approved by -it.
An application has been filed with the SEC-in which the company,
proposes to offer for each share of its preferred; stocks,'common stock
of American Gas Ss Electric Co. plus cash from:.its treasury or from
the sale of bonds > in its-portfolio.
The application states: that'-the ;
exact basis of such exchange offer would be submitted ,by amendment.
The effect upon the company's accounts is not at present- deterininabie.
The SEC has ordered the dissolution of American-;Power At"^Light Co.,
Electric Power & Light Corp., and National Power
fc;.<LJghfceCb.V.-:three;!
holding companies in which the company has substantial ;hivestment's. ,,.
The effect of the orders upon
the-company's accounts is riot" at present" ;
by
:>
,
The company,
Utility Holding Company Act of 1935 joined in . by. Electric;
Corp. and. the company which, provides, • among..other1.
things, that Electric. Power & Light. Corpv will -acquire from; the com-,
pany in consideration of, $44,000,000 in cash its /entire-, position
in'
United Gas Corp. consisting of $25,000,000 of.;6r/^. de&c-niures of,United:
Gas Public Service Co., a demand ncte of $25,925,600 and an open
account indebtedness of $2,000,000 both of United Gas Copv $440,000
of
5Ce
collateral, trust gold bonds ■ of Houston; Gas, Securities Co.,
17.^10 shares of $7 preferred, stock, 752,666 shares of, common. stock
and. Option warrants to purchase 151,005 shares of common stock of.
United Gas Corp.
Upon approval of the plan the company - would be
discharged cf ail' claims; Including those summarized above, arising;
out of .its relationship with United Gas Corp;The.'(effect'i-of;the-plan"...,
the
•
■
•
and 200,000
Public
cash
'.!"'
permits the production of a total of 451,000 cordless electric
irons; : 1,000, units, to be made, in the remaining quarter of this year;
100,000 in the first-quarter of 1945; 150,000 in the second quarter.,
Power, & Light
on
Wilson
Electric Bond & Share Co.—Obituary—Samuel
tiou
(described below)
plan
1945."
'Emphasizing that the company's. current,, volume of war., material
no way be Impeded; Mr. Burritt disclosed that,the
authoriza-'
,
The
company is /a registered holding - company-, under the' Public
Utility Holding Company Act of 1935, and as such;,is.subject to the'
applicable provisions of that Act and to the rules and regulations of
the. SEC promulgated thereunder.
//■'■
United Gas Corp. filed with the SEC: a plar,;.under; Section,ll (ft) of
payable, $94,891; preferred stock dividend pay¬
1944, $5,700; due to officers and employees, $879; accrued
$81,063; $1.50 cumulative convertible preferred stock (par.
Liabilities— Accounts
able Oct, 5,
$20i,
part of
will in
pro-;
vides for the discharge of such of the above described suits as arise
out of the company's relationship with United Gas Corp/ ■:
-■■/.
equipment not used in business,
$155,914; prepaid and deferred charges, $15,789; total, ■$1,946,552.
liabilities,
"Availabilityof" materials ..will govern our production," Mr, Burrittdeclared, ."and we hope to make our first deliveries during the-carlv
Power
plan under Section fife) of the Public Utility .Holding Company.1
a
court.)
$1,015,264; land, buildings and
,not t
in. connection,
connection
American
Act,.; the effect of which would-be'to make the company: an investment,
trust.
(A motion to dismiss, made by the company; was granted by
"the court but an appeal has been taken from the decision 'of the
1914
80,
Sept.
Sheet,
Balance
especially
any
of
the cash.and cash items of the company; and the ■ failurer'to take steps
necessary to
utilize the cash and readily convertible"bonds of the"
..'company-.in; the. purchase e£ its preferred stock in the", operi' inavket.
(Application for' injunction pendente lite" was 'denied,/ari:-appeal, has..,/':
'been taken from the decision of the court.)
In-May.-'1942,-a,suit was•'■.
commenced by a stockholder of the company seekmg. to-compel it to
2,830
55,142
'
101,919
for income taxes.;
prov,
with the financing-of ^the.':.latter
with the management.and1; control of .the
St Light Co. and, Electric'Power,'& Light,';.'
Corp, and their subsidiaries, and the- directors and officers of defendant',
companies from having any connection with: the- management .and;,
control of the affairs of Electric Bond St Share Co. and Ebaseo Services;,
Inc.,; and charges the failure and refusal lawfully, to utilize, and; invest '-,
16,593
$144,432.'
Interest
Co,
company,
$224,688'
14,131
$179,871 '
$292,618
'Operating profit
.
Light
affairs
-
and
Business
■
r
assets
and
hess
Federal
The
to
Welder
and
Machine
Co.
'
no
"
.-
facilities
a new engineering, and
installations of modern
-machine, tool equipment used in. the manufacture of resistance ; welding
machihes;; which; increased 'materially the efficiency and productive
by constructing additional buildings,. including
research building, and by making substantial
-
Approximately
'are
•
the"particular requirements of customers.
Welding
• a:largenumber' of - customers and, hi-., no year
,
sold *-to
fiscal "years
'''character;V
{
has. agreed
;7 V;,//
"
Amount
'
Tenenba'unv.Co.
<to -Co.„^y'
Paine, Webber, 7"' :
Pelt a,son,
Clucas
Name—
-
,
V,-.•v'7. Blair & Co., Inc.———
77
■
300,000
Curtis:.
-.Jackson ic
77.7. .7'■"■ •'
-
.7
•) r'/t
,
'
'
-
'
"
'
—Years Ended Sept. 30-
10 Mos. End,
"7 1943
1942
•'
* Gross. sales—$13,889,191 $26,177,106
Cost of salesA——11,447,093
21,966,922
'
-•
Julv 31, '44
Selling,
adm.
and
gen,-
3.007,163
expenses;
976,651
1,372,879*V',
-"•■■■'
/'h'.'T-
-
—-
Bad debts,less recover-
,
Division
16,197
$749,256
30,135
81,608
16,043
$1,495,581
$2,902,716
31,206
19,157
2,396
12,028
$2,821,109
y^/ipS,
-
1,465,446
I: Not'oper. profit:
Other incomerL::
.
.
Seth
since
have
Thomas
Division
is
at
carried
been
Division
located
La
of
the
Illinois,
Sctli Thomas Division is at Thomaston, Conn,
the
all
of
and
the issue of 4 iV.A preferred stock is to
presently outstanding shares of 6',! pre¬
of
purpose
retirement
the Westclox
The plant of
the plant of
as
on
company.
Salle,
160,781'
1,403,233
1,332,718
830,086
$90,421
$109,428
$1;330,143
55,280
44,756
728,475
$1,362,163
522,668
$35,141
$64,671
$601,667
turn
.
owns
(Canada),
qualifying shares, of Stromberg Time Recorder Co., Ltd.
290,536
106,600
all of: the capital stock of Stromberg Time
Western Clock Co. acquired in 1935.
This
all of the capital stock, except directors*
Corporation also mvns
which the
Corp. (Del.),
.subsidiary in
Until
by the
interrupted
the corporation
the business of
war,
con¬
mantel, wall, automobile,
sisted of the manufacture and sale of alarm,
boudoir, desk, marine, tower and other types of clocks; various models
of synchronous electric, clocks, both self-starting and non-self-starting
$839,494
other important
and low priced non-jewelecl pocket and wrist watches;
include time switches, special timing mechan¬
timers, bank locks and for numerous other
purposes;!time recording instruments and time recording systems;'
employee in-and-out time recorders; job time recorders time stamps
products manufactured
Income
Other
(.net) I!:-
-
1,464
727
18,021
$36,606
$65,398
$619,689
7,862
10,117
102,752
other
$845,047
139,429
deductions
y
and
and
5,552
i!„
Gross Income.
.Income
isms
"
'
-
range
related products,
corporation and its
the early part of 1942. the business of the
has consisted almost entirely of the
Since
of
production
subsidiaries
war
such as time fuses, time fuse parts, navy clocks, timerecording and measuring devices, and other precision devices adaptable
to production
in the plants of the corporation;
the production of
materials,
'employee in-and-out time recorders,
•products essential to the war effort.
rime
job
related
and
recorders
T.
Loan—Corporation has entered into a bank credit agreement,
dated Feb, I, 1944, with three banks (including New York Trust Co,:
V.
.v'lNewest, mid-west .firm to enter the export business is Gamble Stores,
Inc.'; and their .affiliates, Gamble-Skogmo, Inc., and Western Auto
Supply'Co! of-Los Angeles; wholesale and retail distributors handling;
'approximately $60,000,000 worth of merchandise annually through
;isome 2,000 outlets;in 74 States, according to an announcement today
;by Bert Gamble, President.
. '
;
T'lie export sales, and'distribution for the company will be under
;thc direction of Jacques Marcel Covo, for the past several years head
of- the' export
department of Sears International.
Mr. Covo. with
-organization'headquarters' at 3.1 Wast 42nd St., New- York City, is
now
serving:Mexico; Central and. South- America and the .Caribbean
-as export representative.
;
"'■!
:
:..i First
shipments -, under the - new " export arrangements will leave
devices for
providing for
a
revolving credit in the maximum amount of $5,000,00>
Corporation has
such
at any one time outstanding, expiring Dec. 31, 1946.
borrowed
$1,000,000
under
the agreement,
loans
amount
aggregating
1946.
being evidenced by its notes maturing Dec. 31,
,
500,750
741,956
.
operations
and
Westclox
Consolidated
.
■
.
■
?
$2,448,908
1,410,094
$4,510,403
.
1941
".
their
unci
■
;
'Income Statement for Stated Periods
«•;"■■>,
812.996
22,600
140,200
■_•>";!;
,v>Net:;income"12—$28,743
$55,281
$516,937
$705,618
Amount -- Dividends, declared on'common stocks.—,.
233,660
219,056
$100,000 ; —V.. 160, p. 1735.
:
100,000 ; .■
.100,000
Gamble Stores, Inc.—Enters Export Business—
"»
-100,000 y
y
$650,000
Courts &
350,000-., v Mason, Moran & Co.—
300,000
Scherek, Riehter . Co.—
h;
7 ,«'• 7;,"';""7
70,798
15,600
,''•
Operating.; income—
,
purchase, are .as
to
7,
jCentwil-flOpufeliC'CofV~wf
.
980,206
D ep r ee i at i o n';—1'! _
7'77;-'777
7
the underwriters - and. - the ,r principal "
"'v-!:!';',.
V -Name—:v':'
W.
1
.
";'
,
"E.
3,814,034
1,460,470
Fed. "'exc.iprofits ;tax—r-
cor¬
,
$8,609,747
4,200,248
72,379
the
acquisition by
its
to
In the .year 1936 Western Clock Co. and Seth Thomas Clock Co.
transferred all of their business, assets and'goodwill to the corporation,
Those subsidiaries were then dissolved
.
,Underwriting- The names . oi -■
amountof, debentures-which each
/follows:
$9,367,873
'/'surtax^;-
prior
1944—12 Mos.—1943
.
324,978
'91,185
143,215
century
a
.
"which -assumed their liabilities.
effect
$759,190
or
.
than
more
ferred stock.
356,104
!•!!—'
normal
.Fed'!
1942 approximately..,75:';» of .such sales , wpre
indirectly to agencies of the Government, and in the
1943 and : 1944 over, 90(7
ol' such sales were 'of that /
the .fiscal year
made directlv
^
$784,321
revenues.!.'—
.Maintenance^"■
:; Gen e r a 1 ' t a xes
1
' V<
-^during. theyperiodfrom!;4934 .to.,1943, inclusive,c did- the.sales „of. the ■!•; ;
'company to;a sifigic.xustomev, except sales made, directly or indirectly ;
;:',to agencies -of the Government / in,11941 and subsequently,. amount5to.^
yriibre- than 8t^-'of:: total i-sales of ,■ welding^machines.It is estimated
'i that,in
-
Operation,
machines." sold
dollar value of welding
of the
.
madeto-"• meet
*
"'
(& Subs.)-^Earnings—
1944—Month—1943
Period End. Sc-ptr30—
Operating
.
■-machines <are
for revising a
participation by Atlantic
"
Co,
poration.
•
.
Purpose—The
■
•
(.
..
Line.—V;'160;
Galveston-Houston Co.
i'
The:principal business of the company prior to 1942 was the design,
'manufacture- •'■ and' -sale"•' of a complete line of resistance welding" machines and,;equipment,-.including. automatic and ; manually
operated
spot, /projection,seam,.butt and, flash '-welders. •..
■ i
,
which,: do not provide for
p. 2183.
.
" V '
'
spring—-revisions
Coast
„,
capacity of the company.
J
;
last May on proposals
concluded hearings
ICC
The
-
Clock
and refunding bonds and has
first
previously-approved plan for reorganizing, the Florida East .Coast and
apparently was about'ready to isue a new, report when the petition
for- reopening *was
filed. 1 The major creditors, it is reported, are
in substantial, agreement. on changes
recommended to; the ICC last
.
undertook a program of modernizing its manufacturing
pany
owns less than 5'J>
of the
legal, right to file-a plan,.
ICC,
the
upon
organization of the.latter :in 19X7,
Since 3.937. the>operation of,: the; company--has been under ,the direction of Malcolm S. Clark, who; became'' President,arid. General -Manager
and a Director in April of that year.
Commencing in 1939 the com¬
2295
FINANCIAL CHRONICLE
THE COMMERCIAL &
y olume; 160.: Number ,:4337.
;
$535.667.
19,458"
■'<
■'
'
V-
•/
"
Income
Statement
O
,
——16 Wks. End.
Oct. 7,'44
Net
6,278,874
5,596.076
$4,875,753
4,502,756
$950,638
$372,997
14,600
Br3,876
5,386
$820,911
15,933
Open, costs & cxps..
'•
W'Uliiii !BO days,; according to H. P. Bertelson, who will manage the
'export.-.operation",'in the Minneapolis home office of Gamble Stores. !.
-Items which will be shipped include both those manufactured in
Gamble-owned laotories, such as paints and varnishes, storage bat¬
teries. and ,ywashing machines
and in addition large quantities of
merchandise
produced according to specifications by other manu¬
facturers whose output is largely for Gamble private label goods.
V-Eventually, a complete'line of appliances; refrigerators, stoves, irons,
"radios,1Wtc,; automotive accessories and tires, floor coverings, furniture,
!farm machinery, .electrical equipment and lighting plants, water sys¬
tems/power tools, sporting goods, motors, dry goods and clothing
Will be included in : the export line, according to Mr. Gamble's an-'
Net
income......
oper.
income
Other
Wks.Etui.
Oct. 4, '41.
$4,842,001
4,021,050
Oct. 10,'42
$6,546,713
$2,117,822
sales.
.
Oct. 9,'43
$8,396,696
Period Ended-—
;
17 Wks.End. 16
(net)'
'?
.Gt'oss- profit!;
deductions:
Other
Net
i
value
r
prof. ,tax__
cxc.
fFcd.
f
profits tax—
exc.
dividend^-!—
Preferred
tAfter
in
of
deduction
89.287
a.stock dividend of
$379,604
-
mouncement,—V.' 159,
and
•
;j■
•
advance
$13,407;
(ihcl.
invcis,
uulvanee
miscellaneous
interest,. $28,105;
received
payments
applicable
$831,075
to
accrued
has
.
exercisable
maximuni
The
Co.,, 16i,800
The
as
liabilities,
to
of
holders
March
June
,mad2
on
1943
were
20,
Dec.
and
20, 50 cents.—V. 160, p.
follows;
as
20
10,
March
Sept.
June
21
20, this year.
and Sept, 20,
it
with
250,000, and Thomas & Co.,
; '••
V,','.'
was advised that any holder of a warrant who might
a
view to distribution1 of the common stock so ac¬
be sold by .the' holders on the New York
prevailing market prices, it was pointed out.—V.
The
an
civil
becomes
Nov.
made
at
16.
meeting
a
to.
Saul
scheduled
the
White business would mark the first move in unit expansion by his
vcompany.. and would
bring its total sales volume to approximately
$90,000,000
annually.
It
now
operates five
department
stores
in
Philadelphia, New Orleans, Memphis, Birmingham and -Louisville, ■ He
r-ijndicated that White's has extensive post-war expansion plans -and
added that the name,, present management, personnel and, policies of
the store would be continued.
Filene's was said to be planning expaif-.
,
Cohn,
President
of
City
Stores,
said
the
acquisition
ferred
Wion. of its business in clothing, accessories and specialties under the
Filene name in Boston and New England.-—V. 159, p. 2415.
Fruehauf Trailer Co.—Earnings-
it
of
a
short
circuit
Time
over-load.—:V.
or
■■;'■■• :7;;,:v
Instruments
Corp.
terms of an exchange offer, to
stock,
corporation
exchange
•Net
Sept. 30— ,!
.
...
.
;L„d
sales
.Profit
1944
,.
after
deprec.
^Federal; taxes
011
$51,727,882 $44,716,739
4,909.999
4.549,079
$1,127,776
(est.)—
5,695,170
3,782,223
interest—!
and
income
1943
1
$1,146,091
75,723
122,819
'
Net
profit
!
—
Dividends
f
on
5'!
Dividends
on
4t-a'w
Dividends on
Number
160,
p.
preferred stock
convertible
common
of common
Earnings per
V,
conv.
137,627
418,585
477,158
stock_."__
shares
common
-
preferred—
397,821
(par $1)_.
398,652
-
$2.30
share
$2,57
.1184.
Florida East Coast Ry.—Minority Plan Opposed—
A
minority
plan to sell a controlling interest in the
Florida East Coast Ry. to the Atlantic Coast Line RR. was
opposed Nov. 17. by the St. Joe Paper Co., owner of a majority of the
•
reorganized
Florida East
Objecting
,
Coast first
that
unreasonable
'
the
—
a
petition
Joseph
Van
of
the
reorganization
case,
as
the
minority
company told the Interstate Commerce Com¬
plan the minority holders proposed was "inequitable!
and unjust" and would result in a new bankruptcy for
road during-the-next
to
B.
case
depression.
so
Bankers
issuing
is
offer
that the
new
plan could be filed
was
asked
Offer
Exchange
the ICC by S. A. Lynch, the S. A. Lynch Corp. and
Wittmann.
This group, the paper company told the
holders of record
23, last year, as
to
Dec.
Trust Co.,
35,898
shares
of a
2,482 shares of the 6%
''
Operating
new
pre¬
4!4 %
preferred stock
.stock—-cum.
to
list the
Co.;
than
Ltd.
40
abandonment
point near-
a
County;
System, Inc.
(&
of
east
Oregon.-—V.
the
16(,
■
Income
Subs.)
.
1944
1043
$1,336,900
$1,280,185.
714,651
664,255
--
.
W—-AWdA—---!_^L'maintenance. and taxes,.-!.'
71,582
$527,261
$544,34).
and
debt discount, premium
of subsidiaries-—
of
interest
(net)
86,305
82,897
9,393
9,501
$448,545
—-
(net)
amort. *of
and
debt,
etc.,
expense,
discount, premium
of company———
—
* Net
,
income
-
225,889
229,121
$209,081
—V. 160, p.
—.
$219,354
831.
.
Gruen Watch Co.—New Stock Issue Approved—
The stockholders on Nov.
;■
of
$100
par
4'/a',7
be
used
authorized the issuance of 25,000 share?
21
preferred stock/proceeds from the public sale
to. retire the • company's long-term bank debt
c:
of
The company has called for redemption on Jan. 1 at $26
(share and accrued .dividend the 18.034 outstanding shares of $25 par
v5'/o. preferred stock,—V. 160, p. 2184.
.'•.*•
..
$2,000,000.
Greylioiuid Corp.—Common Stock Placed on
:
a
$1.40
•Annual Dividend Basis—
Nov, 21 the directors increased the regular
the,.common stock to. $1,40 a share from the
dividend of 15 cent-*
: a
$1.25 a share.
Both
:the extra dividend of 15 cents and the first regular quarterly dividend
of 35 cents a share at the higher rate are payable Dec. 21, 1944. ta
a:
meeting, held
on
annual dividend rate on
$1
share previously paid, and declared an extra
share., to; bring: payments for the year 1944 .to
a
■
holders of record Dec. 6.
Dividend,,payments on the common stock for the previous three
had included an extra dividend of 25 cents a--share in addition
$1 regular rate; making total payments $1.25 a share.
The directors also declared the first regular quarterly dividend ef
.$1.06Vi- a share on the newly-issued 414',7 preferred stock, also pay¬
able Dec. 21, 1944. to holders of record Dec. 6.—-V. 160, p. 2184,
\
years
•
to- the
;
Hart, Schaffner & Marx—Secondary Offering—Blyth
'& Co. on Nov. 10 made a secondary distribution of 3,000
,
shares
common
(par $10)
at $29 per share with a con¬
cession to dealers of 65 cents a share.
Blyth & Co., Inc., on Nov. 21 offered 5,000 common
'shares (par $10) at*$28% per share, with a discount to
;
dealers of 75 cents a share.—V. 160, p.
Herald Square
See
1350
Broadway
118.
Building, N. Y. City—Tenders—
Realty
Corp.,
below.—V.
158,
p.
1532.
preferred stock
Highway Trailer Co.—Earnings—
.
9 Months
Ended Sept, 30—
-
1944
1943
$9,560,711
$7,108,8(4
1,928.793
1,221,220
,
'
Outstdg'.
50,000 shs. 35.898.shs.
400,000 shs. 333,243 shs.
Net
sales
*Net
——
earnings
*Before
—
and reserves for renegotiation.
taxes
is
a
60(7
owned subsidiary
of Liberty
Aircraft Products
Corp.
Seth Thomas, Clock Co., and Western
the latter's Canadian subsidiary, Western Clock
business of Western Clock Co.: was established more
prior' to such acquisition and that of Seth Thomas
including
The
Deschutes
■
Junction
94,948
Interest,
.
41/4.p
Business—Corporation was organized in 1930 in Dela¬
acquired control of
years
Water
expenses,
for depreciation
Company
and
Hixon
$434,970
.
($100. par)-.-——
,-Common';stock;(no par)
History
permitting
extending from
at
retirements-..—
At
.
Authorized
ware ^and
Clock Co.,
in
line
Gross: income-———__
f
New York.
will be made
the New York Stock Exchange.
44 rj> .preferred
railroad
its
miles
certificate
a
of
.-•■■■
.which, Will
Capitalization, Giving Effect to Present Financing
.
11
on
100,
was
Listinfi—Application
on
of 50 cents per share on the
Dec.
made
'1
Provision
r
the holders of its 6%
:
the paper
River,. 15.41
earnings-
Gross
.
s
line
12 Months Ended Sept. 30.—
■
;
tion has..de-registered tlte 2.482 shares of 4preferred stock not
issued in accordance with the exchange offer.
.'/••'A brief description of the 4'A'«». cumulative preferred stock follows:
Redeemable; otherwise than for the sinking fund, at option of company,
at:$107.50 per jihare in.1945, at $107 per share in 1946, the redemption
price; reducing SO , cents per share in each year thereafter through
.1954When the price will be $103. .per-share in that year and each year
'
thereafter, .together, in each, ease, with accrued dividends.
Also re¬
deemable for sinking, fund at $105 per share and accrued dividends in
-1946 and at -lower prices thereafter to $103 :per share.
The sinking
fund shall be an amount equal to 20(7 of the excess of consolidated
v net
profits! of;.the corporation and its subsidiaries in each year, over
$500,000, to be used to purchase or redeem shares of '4V*% preferred
f.stack/ Dividends payable quarterly, January, April, July and October.
Transfer v agent:
NewYork
Trust
Co.,
New
York.
Registrar:
refunding mortgage bonds.
the
"Reopening of the
-in
and
to reopening
group asked,
mission
,
bondholders'
a
Account—
■
'.
'
9 Mos. End.
.
.
was
filed in
had
underwritten by an investment banking
group headed-by Kidder, Peabody & Co. and including W. E. Hutton &
Co.,1 Lee Higginson Corp!, Stone & Webster and Blodget, Inc., Glore,
Forgan & Co. and Hornblower & Weeks.
.
;
An aggregate of 35,898 shares;(out of 38,380
registered) of
preferred.stock was issued, pursuant to the exchange offer,' In exchange
■lor: a-like •:number of shares- of 6'*
preferred stock. ■ Corporation
elected to apply $273 020, out of treasury funds, to retire on Jan. 1.
1945, all of the remaining outstanding shares of 6'r! preferred stock.
None of the 4
%' -preferred' stock -was sold to underwriters.
Corpora¬
The
'
payable
issued
14
of
Greenwich
Electric .Co., Westing-;;
arid 10 other electrical equipment
■'
.dividends, with treasury,funds,
which were not exchanged.
of
dividend
a
value,
distribution
connection. with
a
1969,
p.
/
•preferred stock ($100 par) in exchange for an equal number of shares,
of old 6<k preferred stock.
The offer, which expired Nov. 13, provided
for the issuance of one share of new stock and $7 in cash for each
share of old stock.
Company has elected to retire at 110 and accrued
.not divulged.
exchange,
the announcement said, accused the defendants of
because
excessive
Under the
preferred
after
consolidated,
subsidiaries
at
Completed—6% Preferred to be Retired—
;
controlled by Federated Department Stores,
stockholders that the offer be accepted
for about Dec. 10.
The purchase price was
Filene's,
.
recommend
>will
taxes!
profits
and expense, etc.,
■'
1862.
j>.
has received an offer for the purchase by the City Stores,
the R. H. White Co., Boston,. according to joint announcement
of
Canadian
declared
par
Nov,
on
Company
to
Deschutes
conspiring to fix'-prices on the'sale of drop-out fuse cutouts,
These
were described as fuses which break an electrical circuit when current
Company
Co.
ICC
Bend
Minority
.
action,
General
,
Stock Exchange
160, p. 1735. •
that
Department announced Nov, 14
anti-trust suit against ^General
Justice
Milwaukee
•
no
similar
int.," amort,
in
r
-
1.
the
by
General Electric Co.—Anti-Trust Suit—•
2183.
(Win.) Filene's Sons Co.—To Sell One Unit—
the
of
income
$0.84
^xcess
Great Northern Railway—Abandonment—
Brothers,
may
The
each;- and
Federal
for
to approximately 2.1'W of the total net consolidated income
the 1944 period as against 9in 1943,—V. 160, p. 1968.
The
Securities
manufacturers.
Payments
$1
$1.25
provision
!
against 25 cents on Dec. 24, 1942.—V. 160, p. 1080.
quired by him,, might be considered an underwriter as defined in the
Act of 1933.
Shares issued upon the exercise of warrants
under U.. S., Govt, prime conterminated contract), $4,086,232;
share has been declared, payable Dec. 20
30.
Distributions of 50 cents each were
'v
491,000 shares (no par) common
The stock will be issued on
warrants expiring on Oct. 15, 1953.
to 91,000 shares of common stock at
.house Electric & Manufacturing Co.
$2.per
record Nov,
$0.59
$0.32
sh._
com.
per
A
are
Lehman
shares;
company
exercise
& Smelting Co.—$2 Dividend—
distribution of
$408,545
stock,
proceeds
warrants
outstanding
all
'■79,200.
renegotiation (less U. S. Treasury tax: savings notes, series "G," and
interest; $522,215). $4,083i959: common stock (par $1), $295c•088; capital surplus, $305,154; earned surplus, $1,816,115; total, $11,901,382.—V. 160, p. 2183.
: -y , " :
•>
A
$318,554
Dec.
to the company: will be $7,410,000
exercised.
The holders of record of outstanding warrants for the purchase of
•common
stock included the following on Nov. 1: Lazard Frercs &
$20.
and
accrued
:
$352,045
common
$ 10 a share (9,000 having, been issued previously at this price on
exercise' of warrants) >and 100,000 shares, each at .$12.50, $15, $17.50
if
received trom prime contractors under U. S. Govt,
$130,307; provision for Federal taxes on income and for
Federal Mining
$177,389
-income-!.;
net
Gotham Hosiery Co., Inc.--50-Cent Common Dividend
160, p. 2183.
the ; SEC.
with
filed
wrarants are
The
;
been
of outstanding purchase
exercise
payments
contracts,
50,481
registration statement covering
A
stock
.
payable (trade). $800,107; salaries, wages and
$229,610," employees'
defense bond
deposits, $11,216;
facilities; $56,810; taxes, other than Federal taxes on
$45,272;
409,805
Note—Net
'v
-SEC—
Liabilities.—-Accounts
income,
428,304
contingencies-
amounted
American Investors Co.,. Inc.- -Registers With
i-> General
.
•rental—Govt,
$836,850
*59,830
..''"Includes
Split Up Stock—
company:be split-up.on a .three-for-one basis—V.
,
commissions,
$378,383
*544,236
The directors .have
banks and on hand, $2,455,340; restricted cash
.deposits subject to lien .of U. S. Govt.departments, $1,695,501;
notes receivable, $25,000;
accounts receivable (less reserve for doubtful
/accounts,... $30,0001, $511,497; U, S. Govt, accounts receivable, includ¬
ing approved termination settlements and accrued recoverable costs on
facilities
contracts,
81,974.697;
miscellaneous
accounts
receivable,
$8,754;. advance payments
to sub-contractors, -$128,070; recoverable
.costs
under
terminated U. Sf Gpvf! contracts, $537,313; inventories,
$2,641,220;
notes
receivable
(non-current);
$88,000;
investments,
$35,743; post-war refund of Federal excess-profits tax (est.), $201,933;'
'prepaid insurance, $20,176; patents (less reserve for amortization of
$26,254), $13,199; property,
plant and equipment (net), $1,264,879;
goouwili, $1; total, $11,901,382.
!
'
'■
$946,762
*1,545,228
Earnings
!y';'"y
In
Assets—Cash
,
$2,132,423
Can¬
&
income
Consol.
special meeting of the stockholders lias been called for Nov. 30 to
on
the recommendation' of the directors that the stock of the
A
vote
k,
Sheet, July 31, 1944
W
taxes„!
Fed.
for
Res.
for
and
and $103,722
.
Balance
adian
bef.
income
taxes
for
translation into United States dollars at appropriate rates of
Gamewell Co.—To
renegotiation.;
for
provision
net
income
Prov.
2196.
p.
-
debt retirement credits of
in 1944.
fin addition,
100',!. ($129,544). was paid,
:
refund
1.943
in
Consol.
—
allowances
post-war
$208,983
1942,
$340,920
-■; 1,769
209,366
1215,425
72.485
i.V'^After" returns: and
176,840
227,444
$793,382
--
-
(cash)—
divs.
Common
$528,130
'■; y, •.!'!
'
•
"
124,725
23,801
$745,204
209,329
1,880,848 :
26,996
,
.
$400,339
income--——-
Net
:
130,534
933,502 V
•
:
'
$555,125
;
20,095
'-.
.-v "
declared
and
surtax
.
-inc. '■ tax,
normal
; Fed.
;
$2,883,560
$1,464,375
profit—————
$765,299;
Iloosier Ga$
See
Consolidated
Corp.—New Control—
Electric & Gas Co.™V.
160, p. 831.
and
cwnmon
the
involve
p.
1863.
of
of
41,275
issuance
...
Months Ended.Sept.
operating
and .other
sales
Gross
30—
in^iirunPP
4 i4,o U
.
'
,
earTed^^Fanhu'aTbasic rent)
(proper, part
rental—
the debentures^—-_r
S-Interest
Other
on
Amortization
Other
Int.
49,568
777,086
298,091
■—
unless business takes an unforeseen and decided turn
the full amount of interest on the debentures will be
this reason
the additional earnings rental and the
the debentures in the above statement, as well as the
For
on
liability for rent and interest
been calculated proportionately.
Balance
the following balance sheet, have
' ;
'
in
...
Sheet
as
30
at Sept.
1944
1943
$341,697
receivable
(neti_i.—+
654,199
505,827
80,278
——.—
Total
...
,
'
<"
„
„
,r
Due
York
New
Realty
State
rent and
for
taxes-"—
earned
tExcess
of earnings over
annual
Interest
on
basic
deferred
on
stock
income
■—»:
accrued
Deposits
Interest
"
15,741
18,464
expenses-——-————
69,953
45,145
97,617
,
56,422
balances—
1,060,163
1943-*.a—
in
rent-
interest- withheld—a—
:i Debenture
501,443
Equipment
reserves
4041
3,238,828
"On
'
;
.
V
.
Light
of
Light &
-
Mr.
the
All
Central
Co.
in
certificates,
Period End. Sept. 30—
'
Operation
——-
Maintenance;
Amort1.,
>.
deprec.. renew..
& replace, res. apprcp.
Prov. for maint. & re¬
deferred
pairs
result
use
Prov.
v
shares,
other
Net
income
393,326
4,212,725
3,835,667
•113,418
1,320,269
$369,029
$4,147,521
933
17,024
,
income iiJJ1-—
Gross
on
$374,406
$369,962
bonds^_
.,"•80,208
80,208
mtge.
of debt
$4,164,545
:
962,500'
$4,307,039
'962,500
t;
10,525
■
$268,198;
' -'
•
preferred
to
stocks——
374,730
315,078
$2,589,082
$2,829,757
Balance
Light
&
Earn,
of
Payment will be* made at the Guaranty Trust Co.,'trustee; 140 Broad¬
New York,
way,
sentation
and
redemption
Immediate payment will
N. * Y.
surrender
price
of
said
holders To receive-,-thfe
interest
accrued
plus-
bonds,
2184.
to
Dee.
v
'
•
J
Illinois Bell Telephone Co.—Earnings—
Period End. Sept. 30—
Operating
expenses
Operating
taxes
Net
-V.
operating
p.
_
income
income —,
160,
/ '
no
,/'
■
>r-.u:.T,
1
*
$10,578,161
16,377
$9,931,411
149,225
$95,609,720 $88,870,812
6,839,336
67,446,315
61,318,868
1,918,622
18,453,462
16,801,879
$1,145,361
894,815
$1,173,453
954,442
$9,709,943
$10,750,065
7,697,444
8,610,704
"'
81,225,508
surplus
end
483,475
1.450,425
1,450,425
7,289,084
•
17,493,802
21,867,253
-
'
'V'
.
2,461,542"
2,461,542
2,461.542 V
2,461,542
$79,878,764 $78,651,739 $79,878,764 $78,651,739
share—
$0.40
$0.45
$1,27
$1.49
.w,-
com.
Sheet
Balance
Sept. 30, '44 Dec.31, '43
and
amortization
depreciation,
142,676,037 148,686,110
reserves^
held
15,475,038
against retire; system reserve
securities
at
below
or
cost
16,296,206
602,422'
portion of excess profits taxes
Charges to future operations
617,829
900,000
(est.)
900,000
373,354
205,783
42,817,350
42,790,709
reserves„_^_v-™>—,
17,201,511
16,474,135
securities at or below cost—
incl. Treas. bills & tax notes
37,821,399
25,413,612
22,606,230
.24,578,023
Inventories;
Accounts receivable
Government
Short-term
less
9.577,313
secur,
Cash
■
.7%' cumulative
Accounts
payable
based
Taxes
preferred stock.
(14,584,025 shs.
stock
Common
and
27.627.825
no
8.509.541
income-
on-
^Reserve for property
.17^104,235
;
dividend payable Nov;
-Retirement system
reserve^
insurance
1,
16.297.991
12,817,201
6,723,908
expenditures in Finland
60.606,500
61,262,475
2.461.542
adj.-in consol, in suspense—
6,723,908
*60,606,500
82,340,306
Total
—V.
483,474
15.475,907
12.813,728
Capital surplus
Earned surplus
Exch.
7,556,712
18,383,476
-
483,475
-
reserves..A »•_„
etc.
27.627,825
60,766,771 1:60,7G6,771
par)
payrolls
Preferred
Contingent,
14,094,385
290,050,654 290,064,791
.
Liabilities—
2,461,542
-
290,050,654 290,064,791
2073.
160, p.
"
^
International Railways
v
•
'
..
Ry.
:
>.
oper.'
ry;
Income- avail,
for
74,163
1944—10 Mos.—1943
"
$511,566
,
$6,280,959
$6,023,847
174,606
J 2.515,798
2,720^724
140,754
'
•
1,985,192
2,173,899
77,476
.1,481,539
fxd;
charges
Ap¬
above.—rV. 160, p. 2073.
•
from
-rev.-
$481,040
revs.—
oper.
rNet
of Central America—Earnings
1P44—Month-^-1943
Period.End. Oct.31-
i-
54,324
.
'
income.
11,303
"
1,493,02^;
.Redemption—
All
the
of
'•,i",:Ki(
••
outstanding first lien and refunding mortgaj®
-bonds due Feb. 1. 1947. have been called for redemption on, Feb;, 4{i(
-next,- -at^ 100 and interest,
The amount outstanding had previously
been reported as $225,000.—V. 160, p. 1970.
•
"■ v--. '• ■, 1 ,y
;
$525,000
.
Intertype Corp.—Earnings—'Period End.
""Gross
Sept. 30—
profits
: '
1944—9 Mos.—1943-
1944—3 Mos—1943
$351,783
$499,998
$1,278,510
$1,179,639
176,166
163,940
,528,662
...466,903
Total income
Int.
Res.
U.
bond
and
inc.
taxes,
$2,580,554
153,295
$2,845,865
157,091
142,813
$175,617
$336,058
5,581
15,092
23,885
42,208
$181,197
$351,150
$773,733
$754,944
101,000
244,000
15,000
25,000
$65,197
—
Other
.
+239,500
167,472
.
Total
$82,150
income
(Provision
.
.' 260,476
863,325
.
F;652,959
$749,848.
$712,736
for
for
taxes..
■
conting...^
516,000.'
55,000
•
473,500
;
55,000
t622,400
Net
813,592
(net)
income
■Reserve
deprec. &
obsolescence
Profit
1941
.
$2,899,762,
,29,900
J416,700
for
"1942
-
etc.
(est.)
Provision
-Earnings-
Co.-
4943
$2,218,636
contingencies.
for
S.
exp;——
(vl944rfHi'«i/.
Sell. & gem admin, exp.
448,700
Earns,
earnings
per
com,,
$202,733
$226,444
$0.37
share.
$1.02
TAfte'r
Net
income,
without
deple.J
T;
.
$1,294,534- $11162,388
$1.10
$0.98
$1,661,190
■"Earns,
per share
$1.41
■"On 1,181,967 shares of capital stock,
tIncludes $167,000 for U. S.
excess profits tax.
^Includes Arizona income tax.—V. 160, p. 729.
deduct,
for
$1,458,482
$1,23
,
provision; for depreciation of $32,121 ($31,985 in 1943)
three months and:.$9G,364 ($95,976 in 1.943) for nine months. < '
Notes—(13)
loss" relating
subsidiary.
(2)
.
140.889
.7,411,868.
173-7.
Sept. 30—
—
1944—9 Mos.—1943
$9,947,788 $95,758,945 $89,011,701
2,020,932
Operating
tet
16,455
rev._
Operating revenues
ih'i
5,831,267
(less
Miscell.
,0}.:
UV
1944—Month—1943
$10,594,616
revenues
Uncollectible oper.
full
'$0&j 1944.r^V. i!l60,
t'Ul
i
-
,
be4»4<it??uik>W( pre¬
483,475
T_.
per
Secur.
$675,000
Corp.— Reorganization
Inspiration Consolidated Copper
■
outstanding first, mortgage 3'/sift bonds due Dec'. 1. 1966,
have been called for redemption on Dec. 20, 1944, at-105 and interest.
dividends.^5.
Refund,
'■
9 Mos. End.
the
81,262,475-
$88,655,048 $88,885;840$101.284,5335104,430,959
$
,
Commonwealth Light &, Power Co.,
•
of
81,835,846
,
Calls BondsAll
$7,049,994 $20,022,058 $23,205,451
82,319.380
.
dividends
depletion
Co.-^Secondary * Offering—Shields &
the close of the market, Nov. 21, 3,500
common shares (no par)
at $1,06^4 peri share, with the
dealers' discount $1.60 a share.. The issue was oversub¬
scribed.—V. 160, p. 1295.
.
...
- . v
$3,144,835
jr2?
applicable
v—.
Balance
Ingersoll-Rand
173,405
$2,963,812:
16,356,419
Co. offered after
126,299
Til,933
$272,903
15,475
Net income
326,300
10,525
6,326
;
,
.
14,845,058
Chemical Corp.--Larger Com. Div,—
proved:
disct9 &
expense '
2-iwjiiL—
Other int. & deductions
Dividends
•
'
5,017,716
•
suspense—Dr
■
■
Amort,
to
surplus
Earned
Net
$4,301,626
5,413
916,380
;
$6,335,668
period.—
Property
16 declared a dividend
stock, par 50 cents per Share;
Power
86,459
begin,
Consolidated
Power would then dissolve.
stated it would promptly dispose of the securities of
Power & Light and Missouri • Power & Light at prices ap¬
Inland
9,560,197
2,427,967
of period
$82,340,306 $81,113,281 $82,340,306 $81,113,281
Exch.-adj. in consul, in
•
•
v
;
Power
the'eommon
See
Int.
carried
V
"
4,472,448
profit
Common
1,274,170
.
$372,145
2,261
revenue—
oper.
Other
and
140,350
9,566,240
2,662,576
168,434..
20,970
Assets-
of 20 cents per share
and the; regular quar-■
.75 cents per share on the $3 preferred stock, of no
par value,
both payable Jan. 2 to holders of record Dec. 20.; This
compares with 10 cents .per share paid on. Jan; 1; 1944, on Jan. 2, 1943,
and on Feb. 28, 1942,—V. 160, p. 1186.
; ...
250,000
393,967
902,770
'
ins.
based
taxes
-Preferred
terly dividend of
taxes—'--
for
Total
..
The directors on Nov.
on
profits taxes-
excess
All
inc.
Fed.
conting.,
3,160,382 .:
817,362
3,169,446
depl.
income
of
203,223 shares
amount of
$14,901,302 $16,213,888 $47,182,391 $52,466,414
&
;-:•.
Net
.
would
Indiana Gas &
;
a
as
properties—
for
1,300,000
1,300,000
108,333
-
1944—9 Mos.—1943
,
.
accelerated
of
of
108,333
,
r-'r
surplus
Earned
surplus
Commission or by distribution in accordance with a plan
approved by the Commission.'
.
V
"
'
- ':
Illinois Power also stated that it will at an. appropriate date,, but
not later than 60 days after the effective date of the plan, file a plan
for its own recapitalizatioh.r-V.'160, p. 1737, ; ; .
..
1944—12 Mos.—1943
1944—Month—1943 "
Statement
Profit before taxes__^ $10,808,116 $12,067,710 $34,867,116 $39,561,870
on
Light &
$1,751,415". $1,619,712 $20,079,923 $18,842,196
562,570
509,695
7,129,614
6,696,573
174,050
: 125,911
;
1,719,794
1,434,160
(electric)^-'
rev,"
Income
etc;
Prov.
receive its, remaining cash
(Including the proceeds
from the sale or liquidation- of remaining Investments)-, after pay-v
ment of all expenses of liquidation,
Kansas
in¬
L
•
1,050,000
stock,
,
and
mines
;
:
principal
,
nickel
$14,701,433 $15,997,534 $46,524,034 $51,834,640
199,869
-216,354 ...
658,357
631,768
profit
for
Prov.
plus accrued and unpaid interest from Nov." 27, 1940.
Light & Power shall deliver to the holders of each share of its
109,255 publicly-held $6 cumulative preferred stock: Three shares of
Northern Natural Gas Co. common, one share of Illinois Power com¬
mon and $47.50 in cash,- plus $6. per
year from Dec. "31, 1944, to The
effective .date of the plan.
; •
Holders
of the 966,992 shares of Light
& Power's publicly-held
common
be¬
that
1944—3 Mos.—1943
Total income
remaining assets as follows:
unpaid
the
the
of
into
By The terms of
Finland to the
by
Government."
out
income
Deprec.,. amort.
Missouri Power
stocks; all the
Vk cumulative
stock and $210,000 5«/2^ notes (with accrued and unpaid
of Kewanee Public Service Co.; the 6(/o mortgage note of
Terminal
that
ceded
was
ownership
the
and
to
pointed
■Retirement" system.•->
proved by the
Oper.
Stanley
•
Operating
shares of the $6 cumulative preferred stock of
&
Light Co., or the proceeds of the sale of such
common
stock, 10,000 shares, and 1,496 shares of the
preferred
District
Consolidated
following securities of Illinois
of 5^ cumulative convertible
common
passed
hostilities.
terminating
Petsamo
Period End. Sept. 30—
the common" stock,-75,000 shares, and
Light Co.; all
&
Power
Armistice Agreement was entered
an
Finland
the
the transaction was not concluded
until after the close of the third quarter and it therefore does not
appear in the first nine months' financial statement.
.
>
>
•
common.
shall distribute its
Power
Illinois„ Power:
To
3,298
-
-
T
^
1944
and
Government
stallations
,
arrears
warrants.1
and< 300,000
caused
Liquidating North
\
dividend
13,278
stock
common
Kansas
and
preferred
cumulative
stock,
preferred
Illinois
v
Power Co.—
required for completion of the project
between Russia and Finland in 1939
war
authorities.
Russia
-
Soviet
Nov.
Power shall surrender the
cancellation: 17,278 shares
&
for
Power
representing inventories with a value of $187,857
:
Government
said.
he
SeptV 19,
Armistice
the
with the
$6
Power's
•
4,020,444
Lighting & Power Co.—Earnings—
personnel,"
Governmental
•..
,
.
payment of rent; fFor
nine months of 1943.
J'ln addition to the debenture interest withheld,
Ciaere was also
withheld out of 1943 earnings the sum of $109,443
payable into the sinking fund for the redemption of the debentures.
The amount accrued to the sinking fund out of the earnings for the
llarst nine months of 1944, on the proportionate basis, is $200,797, but
the amount actually payable into the sinking fund out of 1944 earnings
can be determined only on the basis of the total earnings for- the year.
N« dividends may be paid until all interest and .sinking fund payments
kufcve been -made .or provided, for, in accordance with
the plan-; of
reorganization.—V. 1G0, p. 1736.
'
'
Houston
Soviet
the
completion and recall all
suspend
ican
Commission's'liquidation order of Dec. 30, 1941,
to effectuate North American Co.'s-compliance with an order of the
Commission
dated April
14,
1942, directing- it " to" dispose of its
interests
in
various properties, to facilitate eventual liquidation of
North American, and- to enabler Ilinois Power to •recapitalize. ""'
> •' :
The plan in brief provides that Kansas Power & Light Co., another,;
.subsidiary of Light & Power, shall pay its parent a special cash
dividend on
its common stock of $1,050,000 in addition to regular
quarterly dividends Until the effective date of the plan.
•
All rights of North American Co. to the assets of Light & Power
arising from ownership of the 30-year sinking fund debentures series
A
5Vathe $6 cumulative preferred stock, and the common stock
of
L^ht & Power, shall be completely subordinated to the claims of
Illinois Power and to the rights of the public holders of Light &
have been pledged as security for the
cost,
■
.
interest)
■"Warehouse receipts
at
made by
be
Canadian, British and Amerr
"Reliable. information has not been avail¬
able
to us,
but we understand that following our withdrawal, the
•Finnish Government took steps to bring the project into production.
We
took no part
whatsoever in any such steps; nor did we have
any control over or responsibility for them.
Our policies have been
guided :in all respects by the wishes of the Canadian and British
to
us
the Securities and Exchange Com¬
mission
a
plan for the liquidation and dissolution" of its parent, "
North American Light
& Power Co.
)
The proposal would, if approved by the Commission, provide for a
settlement of the long standing blaims of Illinois Power Co.-amounting
to $26,060,000 plus interest against the Light
Power and the Tatter's
parent, the North American" Co., top holding company in the system.
The plan
was filed solely in
behalf, of Illinois Power Co. and no
agreement- to the plan was made by North. American Light & Power.The purposes of the Illinois plan.are to effectuate Light & Power's
$9,569,070 $10,024,553
-
Property
Finland.
the outbreak of
when
Company filed Nov. 20 with
The
366,380
;
to
payment
currency)
Northern
"More than a year was still
;
six
the
for
American Light &
10,985,000
366,380
Total
$1,368,252
• $0.88
$1,643,605
,
$1.12
-,V; Illinois Power Co.—Files Plan for
1,193
10,985,000
—
.
Capital stock
S.
Other
16,089
income debentures——i
(par $1)—
Deficit from operations
"UJ.
17 declared a dividend of 3% (75 cents per
months ended Dec. 31," 1944, and a dividend of
per share on account of accumulations on the 6'fc cumulative
.preferred stock, par $25, both payable Dec. 20 to holders of record
Dec,' 8.
On June 30, last; a semi-annual of ,75 cents and a dividend
of SI on account of arrearages were paid. V '
After the payment of the dividends just declared, the accumulated
and unpaid
dividend on,the preferred stock will amount to $3 per
share.—V. 160, p. 627.
^
T-;\' ■'
6,093
sinking- fund
-
.
directors on
The
share)
53,712
4,797
Nickel
accompanied by a special letter to shareholders
Stanley advising them in regawl to the $20,000,000
was
Through the Government of Canada for the company's nickel property
$1.50
137,784'
deferred
on
Advertising due-bills outstanding—-——-——
Refund of taxes on prior years awaiting dispos.
5 7c
29,837
35,388
v
-
57,130
65,013
_
taxes——-—.—-
tax_
credit
and
deferred
49,568
1943—:—
year
receipts, utility" and 'cap.
subscrip. & withheld
insurance
retirement
Sundry
777,086
—
taxes .'—'--2-.
Federal
8,335
•
247,163
bond
war
.Unemployment
Rent
for
rent
gross
taxes,
32,008
proportionate part of
of $1,000,000
rent
-Cabaret; sales,
90,036
,
company •
net profit of
a
President
Irom
150,912
.432,137
tween
100
$333,779
debentures but not paid-—-
Interest
share—
com.
Aqcumulated Dividend—
545,281
-$336,079
!—i—'—'
& Terminal Co.
—
1,189,439
earnings
compliance
payable
the
of
statement
The
"
$9,569,070 $10,024,553
———————
1
30, .1944,- issued- by
shows
"
.635,400
$539,918
$0.37
$469,897
$0.30
profit
per
profit, $2,367,701.
1,000
Liabilities-
Accounts
68,182
19,327
for 12 months ending Sept. 30, 1944 follows: Gross
earnings from operations, $10,057,962; operating and general expenses,
including taxes (other than Federal income taxes), $4,802,237; income
Trom operations, $5,255,724; ;other Income, $411,581; amount available
for interest, depreciation, and depletion, $5,667,306; interest on bonds
and notes, $337,701; amortization of debt discount and expense, $24,'349; depreciation and depletion,. $1,515,275; property retired and aban¬
doned,
$359,017;
federal income taxes (estimated), $1,063,263; net
5,500
P
.1
494,564 «.
amortization)—:—
(less
charges
Net
Earn,
9,100
5,500'
•
this
<
,
'
3,512
...1,200.
9,100'
•
World's Fair, debentures—
York
Deferred
106,630
8,031,793
3,387 -..
advertising contracts.-—
—
Investments in stock of affiliated corporationsIrrvestments in stock of other corporations—_
Estimated
insurance, dividends-—_
Trade
New
397,205
106,662
166,075
•
7,438,388
court accepted
;
and subsidiaries for the nine months
Robert- C; Stanley, Chairman and
$20,022,058 after all charges, deprei
ciation, amortization, taxes, etc., equivalent after preferred dividend
requirements, to $1.27 a share on the common stock. This compares
with- a-net profit of $23,205,451; equal to $1.49 a common share,
in the corresponding period a year ago.
>
' ,
"
report
President,
Petsamo
18,199
1,150,729
236,354 '
6,275
-
384,537
&
The
.
268,030
5,899
__
aband.
84,610
...
value of leasehold-——-——-i-—----
Net book
658,863
540,756
—
"•■■Inventories ;-T~_---------i.——
Prepayments
$3^28,095
252,379
The
.
$118,967
Assets—
Accounts
$3,936,666
87,037
taxes," est.
income
The
worse,
interest
$1,205,248
Courts.
■
International Nickel Co. of Canada, Ltd.—Earned $1.27
on Common in First Nine Months—
i
•
in
$183,097 del$298,091
that,
the
$3,369,488
58,607
$1,214,892.
81,822
notes.
&
expense
Prop. retired
determination of the
and for the determina¬
the semi-annual basis.
In each year prior to 1944 the net earnings, available for additional
earnings rental and for interest on the debentures, for the first three
calendar quarters have been set aside to make up any possible de¬
ficiency in earnings for basic rental during the remainder of the, year.
fThe amount of earnings, for the first three quarters of 1944 in¬
earned..
3,222,501
$3,856,467
-.V 80,199
Deprec. & depletion-
of
reorganization provides for
additional earnings rental .on the annual basis
tion of interest earned on the debentures on
for
3,633,567
$1,182,390
;V. 28,099.) ,' 22,858
and depl.__
bonds
on
and
plan
dicates
1,279,047 ; 1,135,700
•
State
share
a
.
int.,
for
avail,
Massachusetts
the
in
or
Amort, of debt discount
Fed.
274,747
Net profit
-■The
;
-
$1,186,793
opers.-.
income
Amt.
deprec.
:
750,000
——■
rental & int. on the debs.
.
:
411,937
——
interest:
■"Prov. for add. earns,
Court
•report.—V. 160, p. 2073.
ended- Sept;
462,889
750,000
390,000
•;«
Additional, earnings
«
-----from
Income
5,606,392
■
Rent
Income)-
$7,645,936
6,588,509
'
Operating expenses
(other
tax.
-
1943
exp., incl.
than Fed.
Oper. & gen.
v" ', /1
'A
19^_
income-—$9,073,170
from opers.
Gross earn,
of
Corp.—Financial Report—
Hotel Waldorf-Astoria
9
."1 "
v
system against the International Paper Co. either, in theTJ. S. District
;
1944—9.Mos.—1943
$7,490,034 $6,591,989
' •
■, • \
1944—3 Mos.—1943
$2,465,840 $2,318,090
'"
Sept. 30—
Period End.
writ
V, 160,
Sterling Drug, Inc.;
45,468 shares by
/•./ '■
■
.
1
.
shares outstanding.
There are 147,771
preferred shares outstanding.. The, plan
3V4
each
for
Sterling
Nov.
on
c
(Including Houston Pipe Line Co.)
16 approved a reorganization agreement
between the company and Sterling Drug,
Inc., under.which Hilton Bavis will dissolve and. all its preferred stock will be retired.
.
Common
stockholders of
Hilton-Davis will receive one : share Of
stockholders
The
Texas—Earnings—
Houston Oil Co. of
Dissolve—
Ililton-Davls Chemical Co.—To
Monday, November 27, 1944
COMMERCIAL & FINANCIAL CHRONICLE
THE
2296
International Hydro-Electric
Bartholomew A.
•
for
taxes
State
and
taxes
contingencies is
the
estimated
amount
1527.
and
payable
under
the
existing laws
V
160
'
International.Utilities Corp.—TTo Retire Preferred—
the Federal District Court at Boston, Nov. 13.
special counsel appointed by Judge Ford to
the relationship -between International Hy'dro and inter¬
national Paper Co. - On-Nov. 1 Mr. Bi ickley . filed, hiofieport with tbe
court and
recommended that legal proceedings be ihLTituted by' the
into
.
Brickley, Boston attorney, was named general trustee
by Federal Judge Ford in
Mr! Brickley was the
inquire
Federal
p.
System—Trustee—
The'foregoing statement does not include any profit Or
investment in and advance to Intertype, Ltd.
British
•
'
'
to
Provision
of
for
.
The
.funds
the
corporation-has asked-the SEC for permission to use company
retire 4.200 shares of $3.50 preferred stock bv purchase in
or privately,
at prices prevailing on the New York Curb
market
160
Exchange.
the shares,
A maximum redemption price
quoted on Nov, 15 at $51;
The
company
sale
the
from'
Kingston Products Corp. (&,Subs.)- -Earnings—
for
•
.
2073.
$3,153,557
22,114
$3,220,905
7,286
$1,332,528
2,175
plus other income—1, ;$3,175.671
$3,228,191
*2,920,333
$1,334,703
$11,386,088
goods
7,882,933
'
4,421,705
286,312
A committee
Operating, profiti
Paper Co. (& Subs.)—Earnings—
Period End. Sept. 30—
Other income—1A
Oper. profit
59.564.501
allowances and discts.
Other income TneU AA>:
Prov. for Fed. income taxes (est.)—
'"-A-A: ■:•
...
54,618,446 173,995,224 158,780,385
••
.
1,386,751
<a*
Amt. .reserved for,: post-war.
3,237,212 ■/
3,771,120
1,095,360
Net
*2,855,763
adjusts.';.'
,
.Preferrqh. dividentls—'
Common dividends— ,.1—'
,
'■._w——..
to
•
55,713,806 177,766,344 162,017,596
105,000
106,160
54.105
,AA: A.>A''*AA,aA.A;.. V; '>'• A' Aa-/:' ;'.■?
Earnings per common share_^^
$0.30
$0.29'
$0.24
Pulp Wood,; labor, ma--:. -1.' ■'
i ;■' ' i. ■
> vA:
t'" *Includes possible refund under renegotiation.
/
A
terials,
etc—
37,021,605
32,514,611 105,783.231 95,785,242
Maint. and repairs—
3,583,915
2,781,327
9,975,062
8,032,247
1; / '
Consolidated Balance Sheet, Sept. 3<t, 1914
Taxes (oth. than inc.
A' ) -.'AAAT A •
'■ '"A"'AAA ;A A">
Assets—Demand deposits and on hand, $5,559,214; U. S. Govt, boiids,
taxes)
A 999,349
907,754
2,955,987
2,758,030 ;
$1,632,661;
accounts 4 receivables-trade > (less 'reserve for
discounts,
Outward
freight
and A A
'"V;Vv" *". A'A; '--A > 'A '•-■* t1a -1
claims and doubtful accounts, $22,621), $922,391; inventories, $1,174,delivery expenses
;
5,400,643
5,368,635 15,941,586 Al6,353,437
Sell:, gent: and admin'.
a.. A "A
AA
A.
r. 326; other assets, $166,322; property, plant-and equipment (less a-eserye for depreciation,-, $886,345), $593,332; patents
(less reserve for
1,760,900
1,677,987
5,116,337
4,935,075
./expense^—.——-,~A'
amortization,
$288,409), $193,618; deferred charges, $22,279; total,
Prov. for doubtful accts. Aa ,:AAA:
29,870
; A-A'a: .;
89,394 ,
$10,264,143.
Gross income AA^A A v60,931,2$2
Cost Of
Int.- on other
5,530
;A 10,715
-;A- A'AA'A"'':' ■
3,734.
debt.—
a
-
S.
U.
S.
exc,
tax (net)
pr,
5,138
:.AA~,
Laclede Gas
4,695,958
14,812,462
408,746
305,486
Canadian and other for-
taxes-^ii.~-~2-:
eign:
.
2,286,420
215,076
AaAAAaAA-u
of
Earns,
before
held
foreign
int.
by
on
2,330,023:
.
,
2,801,993
Net
com.
share—
•
6,622,475
$1.73
6,548,627
$1.68
2,279.274
2,114,377
$0.52
profit
per
$0.61
1943
figures do not reflect provision made at the
end for estimated efiect of renegotiation.—V. 160, p. 1970,
follows;
year-
.
proposed agreement and act of consolidation to be considered
by the stockholders at a special meeting to be held on Dec. 11. pro¬
vides
for exchange of capital stock for common stock of $5 par i
Doehler-Jarvis
1737.
.p.
Corp.,
:;;-y
for share.—See also V.
AAA>' A • A: A A,.A. ; A'-\
..
Jewel Tea Co., Inc.—Sales
—V.
1G0, p. 1864.
:
Period End.
.
of
$9,204,723
taxes—-——
General
Social security
Fixed
8,453
7,803
11,140
81,668
74,315
.737,606
$271,770
$327,202
$2,247,657
/
s
■
Balance
^
►;
26,843
339,136
,
7,222
.
•
81,229
-
73,043
•
,v
employees* partlcipatiort and eonting..«.«
; *
;
193,000
155,000
•'
160, p. 1737.
1,491,200 >
1,293,000
;
$134,202 ^ $954,657
:
^Kansas City,Southern Ry.—Earniilgs—
:
Ry/oper!
$3,924,680
operl
expsU.2—2,293,074
Ry.
.
income
Federal
other
taxes—
taxest
—
-
Ry.
oper.
income—
$1,088,612
256,021
Equip, rents (net Pr.)-*-
2,545,439
> 600,000
185,000
168,000
.
''
,/
Jt. facil. rents (net Pr)-,
$611,372
260,848
.'11,569
95,262,
-r
"
$3,941,811 $37,105,584
375,000
f'
*
w
$36,165^34 ;';
21,790,504
will
be
entitled
to
plus
the
oper.
$737,328
inc.—
1,742,0001;
amended
ing
agent
22.
$338,955
$5,092,774
$4,530,679
160,
p.
the
160. p. 1527.
V
Period
The directors
C
6%
on
-
■
Net
:
gain
on
;
securs.
sold
div/idend of $4
i^er
"
•
,-income-
oper.
on Dec. 20, next, all of
sinking fund 4VaVo bonds due Oct. 1
1956, at lOl1/^ i and interest.
Payment will be made at The Canal '..
National Bank of Portland, trustee, Portland, Me., or a$«The National
Rockland Bank of Boston, 30 Congress St., Boston, Mass. "
\
'■
Period End. Sept. 30—
Federal taxes: A—._A__
>
Other; taxes
Prop.
ret.
Net oper.
Kobacker
the
Int: chgd.
■
-
record
and
on
Dec.
Sept 10,
this issue:
and
on
common
Dec) 28,
2.
Nov.
stock,
A
this
like
2
no
declared
par
amount
a
value,
was
dividend
payable
disbursed
of
25
Dec.
on
cents
11
April
to
per
deductions--
divs._
-
Net income
;
$607,323
62,135
63,768
V
.
T
v
$104,810
:
$102,957
43,750
43,750.
V,
•
-
$647,969
'
225,575
;
$392,394
■
$61,060
:>.
175,000
/
in
April,
saving
.
.
•
•
income„Al_A_A
Net
of
vestment
on
the common
160, p. 2074.
A
Class
Class B
June
In 1943, the following payments were made
10, June 11, Sept. 10 and Dec. 10, 25 cents each;
year-end of $1.
■
,
.
:
■
P..
,
■
T
'
-
.■
Lone Star Cement Corp.—Year-End Dividend—•
year.
The usual quarterly dividend of $1.75 per share on the Ify
preferred
stock, par $100, was also declared, payable Doc, 1 to holders of record
Nov. 25.—V. 160, p. 730.
•
5,975
73,205
$934,292
$1,233,524
$1,365,590
1,047,355
reserve.._
of
in-
24,740
162,920
162,920
divs.A
com.
com.
divs.___
The
-
directors
share and
June
33
dividends
and
of
on
Nov.
22
declared
a
year-end dividend
of
^
___'_A
$1,948,493
2,468,539
$2,248,872
675,427
675,427
900,570
900,569
225,711
' 225,711
300,948
300,948
$1,047,355
$1,267,021
$1,047,355
$2,168,160
'
of period
V. 160, p. 2074.
$1,267,021
-
A
.
^
t
SeptASQ
cents
of
each
the
current
were
1943 four
160, p. 2074.
year.
paid.—V.
In
Louisville Gas & Electric Co. (Ky.)
.
/
(& Subs.)—Earns.
1944—9 Mos.—1943
1944—12 Mos.—1943
$14,851,411 $13,546,732 $19,950,855 $17,939,737
"Operating income——
3,003,253
3,082,894
4,131,785
4,099,480
tNet
income.
2,084,129
2,051,096
2,926,717
2,749,124
Period End. Sept. 30—
Operating
revenues
——
operating expenses, maintenance,
taxes, depreciation, etc.
deductions for i all interest charges, amortization of debt dis¬
count and expense, amortization of contractual capital expenditures,
amortization of plant acquisition adjustments, etc.—V, 160, p, 207'4.
"After
tAfter
jt>McQuay-Norris Manufacturing Co.- -Earnings-
cents
a
75
•
,
'■
.
regular quarterly dividend of 37V2 cents per share on
the common, stock, both payable Dee-22 to holders of re .: ; d .Ac
11.
Regular distributions; of 37% cents each were mode on March 31,
per
599,449
:
(net)
surplus____u_
283,833
A^__^r>
„
*>•
.*:...
of
12
22,372
77,045
1.014,200
.
1.061,815
.;
:
_AA_)
A
>''■*:
24,740
balance. in
from, sale
Profit
$1,467,142
38,381
5,973
'
Total
share
$918,685
"
Adjustment of Taxes for'
prior years.,
___A
-
stock was also declared, payable Jan. 2 to holders of record Deer 16.—
$1,354,925
:K
beginning
surp.
of period,—u.'l
Transfer
per share on -the common stock, no par value, payable Dee., 15: to
holders of record Nov. 30.
A similar extra was paid on Dec, 15, last
1944—12 Mos.—1943
1944—9 Mas.—-1943 /
$1,006,786
$1,008,498
27,370
15,520
Taxes (other than inc.)
:
4,481
4,481
Prov. for Fed; inc. taxes ''
56,250...
54,205
The directors on Nov, 20 declax*ed an extra cash dividend of 50 cents
year.
■
-w: T"'AA:wA..TA''"T:5"" ?.'■
The usual quarterly, dividend of 37& cents per
1944, by charging: income with $750,000 for ,tho
in Federal excess profits taxes arising from the
Total. revepuesA—A—
Gen. and adm. exps.__
profits taxes.—V. 160, p. 985,
excess
$1,107,906
.
company
Louisville Gas and Electric Co. (Del .)— Earnings—
$242,155
$59,207, '. $217,394
$455,490
,
,
86,442
an'order dated March
Period End. Sept,- 30—
$664,055
246,901/
$417,155
175,000
$1,464,438
356,532
$87,332
$105,422
875,000
refunding transactions and to dispose of the remaining $376,262 9ver
a three-year period from date as of which the refunding Transactions
are completed, by equal monthly charges to ''amortization of debt discount and expense."—v, 160, p. 1633.
•
39,258
$166,725
Crll,274
30, 1944,. the Federal Power Commission
permission to dispose of unamortized >debt dis¬
count and expense, duplicate interest and redemption premium, associ¬
ated, with the first mortgage gond bonds, $'/<>. series due Dec. 1, 1957,
"In
$624,797
40,646
T.
Cr33
Balance
granted the
•.:,
*
$166,945
A
income__________
share
holders
20,
March
a
DrilO
Dividends .applicable to preferred stock-.*.-.——.
1944—9 Mos.—1943
$2,737,327 $2,683,771
2,130,004
2,058,974
9,424.-
$157,301
;
>'
construct,
to
$812,022
356,532
6,552
Crl53
$2,414,606
Cr41,550
72,917
$2,398,260
16,346
$2,806,233
720,681
M,315,080
$166,648
42,500
*35,381
;
deductions
8s
788.870
1,312,147
$2,798,806
7,427
$167,118
$183,271
(net)_„„
786.389
1,564.663
65,971
82,791
$182,560
711
revenues
mtge. bonds..;,_
on
Other int.
refunded
(no par).
Priced at
7112; with the commission to dealers 75 cents a share,
this stock was distributed quickly.
Bids were received
for. 20,784 shares and allotments were made on the basis
of 80.4%.
The largest was for 3,860. shares and the
smallest for 10.
There were 108 purchases made through
31 firms.—V. 160, p. 1187,
Stores, Inc.—25-Cent Common Dividend—
directors
72,267
156,359
>
Gross income
Int.
195,943
TA.
■■
1944—12 Mos.—1943
$1,173,737 $13,333,758 $11,504,172
630,045
6,913,510
5,907,430
*.i" 227,812
1,270,190
1,097,449
600.538
res." approp.
Other income
Earnings—
1944—Month—1943
$1,207,669
r
'
change of 16,300 common shares
Holders of the aforementioned bonds may receive the full redemp¬
price, plus accrued interest, on Dec. 20, 1944, at any time, upon
presentation and surrender of said bonds.—V. 160, p. 2185.
The
;
Nov, 21
tion
104*222
105,086
1Q2.078
Operating revenues
Operating expenses _A
amended plan as; so
to effectuate the. proHolding Company Act" of
Loew's, Inc.—Special Offering—Shields & Co. effected
a special offering on the New York Stock Ex¬
called for redemption
mortgage
1,419
y ;•
Louisiana Power & Light Co.
;•
is
$671,042
513,741
•
$156,297
10,648
Balance
V.
■*227,742:
6,092
.
Liabilities—Dividends payable, $33,886; reserve for estimated Federal
qnd State taxes, $3,656; total, $37,542.
Net assets Sept. 30, 1944
(^equivalent to $41.53 per share for the 169,428 outstanding shares of
capital stock of $10 par)," $7,035,575.—V. 160, p. 1187.
,
Lambert Co.—Extra Dividend of 50 Cents—
preferred stock,
35,148
$145,206
(basejt.on
'.T'a
•contingency
share on the
w
Assets-Securities, at market quotations (carried on the books of the
at average cost, $6,298,443), $6,929,054; cash in bank, $81,999;
cash on deposit for dividend payable, $33,886; dividends receivable,
$26,508; accrued interest receivable, $1,671; total, $7,073,117..
;■;>
a
Keyes Fibre Co.—To Redeem 4^% Bonds—
on
42,453,
$127,544
55,544
Bal. surp. end
first
39,482
$146,049
Statement of Assets, Liabilities and Net Assets, Sept. 30, 194t
p
the effective date
interest on their bonds
-'.ry
"Includes Federal income and
.
outstanding
19,431
$180,354
Fund
Bal.
,
The corporation has
11,507
$169,997
cost)
"Loss.
of such premium
interest
shall be in full satis¬
Superior District Power Co.—Earnings—
Pref.* stocks
par, $100, and the usual
seml-ahnual dividends of $3 per [share on the series A 67o cumulative
preferred stock, par $100, " and [on the series B 6% non-cumulative '
preferred stock, par $100, all payable Dec. 1 to holders of record ;,'
Nov.
18.
A distribution of $2 per share was made on the series C
preferred stock on June 1, last, as against $6 on Dec. 1, 1943, S3 pn i
Dec, 1, 1942, and $1.50 on June 1, 1942.—V. 160, p, 1970.
V,' /v;, ;. '
its
8,230
V'.
.
Dividends paid_.:_
V :
/
16 declared
Nov.
non-cumulative
-dU-,
adjust, on prior years' Federal
income taxeSi.22.TA-_.A—
EnCSepCs^'T ' 1944—3)Mos.-rl943;
etc.,
Int.,
Kansas, Oklahoma & Gulf Ry.—To Pay $4 on Series C
Preferred Stock—
and
Public, Utility
985,
Grossincome____
*
series
of
premium,
court., that, said
appellate
7: Net;
•
Bank of Boston,
See V.
1942
$160,924
.
average
The payment
the principal
plan of
Other income—T--.—
Mass., has been appointed pay¬
for the first-mortgage 4 %. bonds, which; have been Tailed V
1944.
1943
$158,490
Net
(in addition to payment of principal and
Operating revenues.$681,718 :
*Oper. exp, and taxes_- :
525,422
redemption Jan, l. 1945. and for which prepayment is being made
for
Nov.
Net
A hearing with respect to the foregoing
Lake
^
'
Kansas City Terminal Ry.—Paying Agent—
The First National
1944
-.-V
Net ;income.-.._--:_----j-._-..._„.
said
1935.—V.
$7,765,080 $7,204,156 '
2,311,452 ' 2,568,411
360,853
105,066 '
Fed¬
estimated
$177,301
Sept. 30
—
estimated
.?■■■*■•
160, p. 1864:
no
Expenses.
receive, out of the escrowed funds,
interest thereon at 5Yz'.i> per annum
plan to the date when such
date of the amended plan)
discharge of the 1919 bonds.
and
5,940,000 *
1,680,000
for
reserve
$185,531
Interest
■
amended
.
t ry.
$22,302;
$833; total, $23,135.
Net assets Sept.' 30, 1944
share for the 44,604 outstanding shares, of
par), $4,367,955.—V. 160, p. 1187.
per
Total.,
available to them.
visjohs ,'of .Section ;41: of
21,279,678 V
5,870,000
books-of
The
on
taxes,
$97:93
; 9 Months Ended
amendments, ? and $ to determine-; whether the
modified is fair, and. equitable and appropriate
i-; 1944—10 Mos.—1943
1944—Month—1943
Period End. Oct. 31—.
State
Income—Dividends,-,—,-
,
$1,219,962
:
;
(carried
quotations
...
income—'$116,770 "
Net
—V.
V
and
.
Reserves for inc.' taxes,.
:■
>
payable. •
amendments of the amended
plan will be held on Nov. 27, before the SEC.
The sole purpose of the
hearing shall .be to, determine whether or not the amended plan in so
far as it is modified by the foregoing amendments is necessary to
effectuate the provisions of Section 11(b) of the Public Utility Holding
Company Act of, 1935; and fair and equitable to The persons affected
by. such' amended plan and should be approved by the Commission.
In the .event .that The, Commission approves the foregoing amend¬
ments, of The amended, plan and the Missouri P. S. Commission also
approves: the same, a further hearing with respect to, such amend¬
ments will be held on Dec. 4, before'Judge- Rubey M. Hulen of the
U. S..1 District Courts for the Eastern
District of Missouri, Eastern
Division, St. Louis, Mo,
The sole purpose of the hearing before the
court shall be to determine whether or not the court should-enforce
the consummation of the amended plan, as modified by the forego,ing
$2,711,161-
taxes—
charges—
Depreciation
.
37,656
u
market
cost,'
deposit
on
Holders of 1919 bonds may, accept payment on
the
an
4,819,958'
336,619
A ' 65.267 ,
133,368 A 682,346 ?
at
.
■
Sept. 30, 19-14
Liabilities and Net Assets,
Loomis-Sayles Second Fund, Inc.—Earniiigs-
redemption -premium and interest thereon if it is'finally
determined by an appellate court that such premium is payable.
No
interest 0m the ^principal- of the 1919 bonds will be paid beyond the
effective date of the amended plan even if it is finally determined" by
$8,748,'721
' 5,726,050
536,013
$77.24
..
average
capital stock,
to said efefctive date and still retain the right to receive payment
up
1
620,215
n,'295
$73.07
Liabilities—Dividends "payable,
the. amended
interest thereon'
the
of
i„
at
cash
(equivalent To
Tv
holders
(4)
!
.
1944—9 Mos.—1943
$982,735
Total revenue———— V $1,027,566
46,717
*5,547
$93.43
T'
"
Fund
eral
Pa.
to the effective
up
!
1944—Month—1943
51,937
59,858
117,610
$97.93
$3,598,253), $4,250,716;: cash in bank,
for dividend payable, $22,302; dividends
receivable, $15,025; accrued interest receivable, $1,669; total, $4,391,090,
of ,St% Louis Union Trust Co.
•
If, as a result of appeal, it is finally determined by an appellate
premium is payable to holders of 1919 bonds,
(3)
faction
;
t
Operating costs———
in Philadelphia,
.
payment becomes
,
$3,957,012 $47,087,239 $43,917,710
Public Service Co.—Earnings—
Sept. 30—
of
such
'.--r- ■
Continue to Rise—
$4,474,877
—
Kansas City
at its office
payment of their premium
from" the effective date of
—1944-4 Wks—1943— -1944—44 Wks.—1943-
Period End. Nov. 4—
24,361
$49,452
principal
and
Retail sales
20(357
$67,854
80,259
sold
sccur.
value
Assets—Securities,
the
court that the redemption
160,
share
28,913
65,294
.
on
asset
$101,378;
expenses
^
•
$73,813
$64,511
26,669.
Statement of Assets,
,
(W. B.) Jarvis Co,—To Vote on Merger—
4.013
$88,210
$93,424
$82,822
"Loss.
in escrow with St. Louis Union Trust Co., the trustee under
the mortgage securing thq 1919 bonds, cash funds equal to
(a) the
amount of the redemption premium on the 1919 bonds, (b) interest on
such amount for three years at 5 J/a #:■; per annum, and (c) reasonable
,
The
of
of May; 24,
as
19J9 bonds will be. paid in cash the full .amount of
of their bonds and interest thereon up to the effective
plan, but will be paid no redemption premium
with respect to their bonds unless, as a result of appeal, it is finally
determined by an appellate court that such premium is payable,
(2) On the effective date of the amended plan the company will
gee Continental Gas & Electric Corp.—V. 159, p. 448,
value
dated
deposit
}■ '
,
Net
^
(1) Holders of
date
Iowa-Nebraska Light & Power Co^—New Control Pro¬
posed—
$69,800
.
the
'
Note—The
1941.
-
10,466
6,311
$109,491
-
Net. gain
,
: /; / ■
The effect of the foregoing amendments may be briefly summarized
728,690
::
1,329,444
1942
$77,744
4,681
Net. income
any'.redemptian premium with respect thereto.
•
Ip order to permit the consummation of the amended plan pending
court to which appeal may be taken,
the proponents of the amended plan have filed certain amendments of
such
amended plan with the Commission, which are available for
examination
522,724
$104,610
_
Expenses
decision by the highest appellate
as
Earn,
amended plan,
of
subs,
obligs,
387,119
1943
$87,113
1944
Sept. 30-
Total
approval of such portion, but only such portion, of the amended plan
as provides in effect that the
1919 bonds shall be retired and fully
discharged by payment in cash of the principal thereof and interest
thereon to the effective date of the amended plan without payment
co.—trans¬
ferred to reserves
these conditions.
remedy
a
New
insur¬
Light Co.—Amendments to Plan—
1.239,633
„
7,878,070
filed
of
Interest
t
7,351,165
697.301
;
456,549
6,111,531
7,180,769
471,975
2,501,496
'.
credit. 1——A——
Total
;
1,002,163
A 300,875
434,414A
A
AAA-Aaa;
Post-war exci prof, tax
Balance
.
It alleged
Loomis-Sayles Mutual Fund, Inc.—Earnings—
1944, heretofore filed under
the Public Utility Holding Company Act of 1935 with, the ,SEC ,by -the
company, Laclede Power & Light Co. and Ogclen Corp, has now been
approved by the Commission-and The U, S,' District. Court: for the
Eastern. District of Missouri, Eastern Division.
Certain holders of the
first
mortgage collateral
and
refunding 5V'2%; gold bonds
("1919
bonds") have indicated their intention to appeal from the Court's
12,315,772
A> 117,154
-The
3,252,874
■,
Commission
Dividends
;
22,442,213
:
interstate commerce;
engaged in
was
has
company,
9 Mos. End,
reserve lor
..
.
it
'
5,138
.
2,951,552
1,080,644*
133,992
000;
26,355,692
8,524,654
;A
..
.
and
taxes
accrued
(-est), $1,496,543;
income
Act because;
In come—Divid en ds_L
production contingencies, $150,000; capital stock (par $1), $1,050,capital surplus, $737,801; earned surplus, $709,425; total, $10,-
war
264,143.—V. 160, p. 433.
A- '"A.
1,713
;■..
987,051
4,457,000
A
normal taxes—-
State ■ taxes
a'TAA.,;
8,298,877
A Balance ———■AAA,
U.
262,492
payable,- ,$5,994,767;
$125,607; Federal taxes on
ance,
'•
■
166,396
8,730,224
...
776,900
157,517
8,935.710,
686,565
55,440
2,947,969
.52,489
Depreciation
—
2,977.155
Depletion
A
232,202
Div.
on
pl'd. stock of
AA A"
subsidiary AAAAAaA A 1.713
expense——
Liabilities—Accounts
1,932,543
10,708 -1
598,670 AA- 635,824"' ' 1,840,804
Amort, of debt discount
nnd
34,064,121
' 37,992,142
12,433,621
.12,164,840
profit.——
funded debt-—A
on
company,
petition.
;
recapitalization plan with the Public
York, "which the committee describes* as
unfair and inequitable to holders of preferred shares.—V. 160, p. 1971,
.
Gross
the
Service
.
Int.
The Commission named
over the
on the
of the Public
Utility Holding Company Act granted on
27, 1936, to Long Island Lighting and ita&ipbsidiaries, which.
tije Kings County Lighting Co,, East Hampton-*Eiectric Co,, Nassau
Suffolk Lighting Co., and Long Beach Gas. Co., 'Inc.
The committee's, petition said Long Island Lighting was subject now
The
.
-
.
jurisdiction
hearing
a
single-stock basis—was necessary to
.
.
,
also that voting power was unfairly distributed among the'company's
security holders, that its existing capital strucure was "unnecessarily
and unduly complicated,"" and that'a recapitalization—-preferably on a
,
,
1
are
&
$258,723
18,375
,
Interstate
Charge
,
provisions
75,000
.$307,858
$319,908
Stock
March
1,000.930
>—
,
profit to surplus
Preferred
The.committee, composed of, Benjamin F. Gray, Albert E. Olson and
Albert Ulnmmr, asked the Commission to revoke an exemption from
1944—9 Mos.- -1943
1944—3 Mos.—1943
Grosssales, less returns,
Nov, .27 for
of
of holders of preferred stock recently requested the SEC'
To reinstate its
...
International
'
$6,040,544
350,197
$9,689,056
6,116,925
351,225
1944
.Ai
sold„_———A'Selling,' admin, and gen. exps;A_—..
of
Again—Holders
Operation—
1942
i
sales.,;————,
Cost
Long Island Lighting Co.—Wants Company Under SEC
■
1943
9 Months'Ended Sept. 30—'■
Net
Co.,An addition to present" cash balances;—V, 160, pp. 1632
- A>'" ••
V' 'AAA'/ 'A,',
".-"a
AA' •'
Products'
and
2,369
of
of $52.50 has been set
to use $255,323' which it expects to receive
preferred shares of the Philadelphia Dairy
proposes
2297
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4337
Volume
quarterly
Period Ended Sept. 30,1944-*"Net
profit
f
——I
shs.__
Earn, per sh, on 343,047 com.
\
3 Mos.'
$201,733
9 Mos.
$473,229
$0.59,
"After'provision for depreciation, special amortization, Federal
$86.
including excess profits taxes, State taxes, etc.—V. 160, p
$1.38
taxes
taxes
Inc.—To Pay $2 "Dividend—<
The directors on Nov. 16 declared a dividend of *$2 per .share on
the outstanding common stock, payable Dec.
11 to holders of record
Nov. 29.
This compares with $1 paid on June 15, last, $2 on Dec. 10,
1943, and $1 on June 15, 1943.—V. 160, p. 1865.
Mack Trucks,
the nine months, ended Sept. 30, - 1944,'
price, adjustments . under the, Renegotiation
for
income
on
provision for possible
provision has been computed substantially on the basis
renegotiation settlement for the year 1943.—V. 160, p. 1634.
This
upon
after .the redemption date of Dec.
tion
Period End. Sept. 30—
20 declared a dividend of 62% cents per,share
stock, payable Jan. 2 to holders of record Dec, 16.
similar distribution was made in preceding quarters.—V, 160, p. 833.
Fort Wayne, Ind.—Div. No. 3—
r
A. O'Connor, President, on Nov. 20 announced that the directors
have declared a dividend of 25 cents per share on the capital stock,
par SI, payable Jan. 1 to holders of record Dec. 10.
An initial dis¬
tribution of like amount was made on Dec, 10
last year which was
followed by a further payment of 25 cents on July 1, 1944.
V. 160,
p. 225.
Y
,.:V'.Y Yy\;:
(The) Magnavox, Co.,
A
(he
$9,878,000 of first-mortgage and collateral
r
""Y'-Y"
Commission states m part:,
.... *
requested that it be exempted from ''competitive
bidding", stating that it operates less than 1,000 miles of main line,
and because of its small size and its location in the northeastern
section of the United States/the market for its securities is primarily
local.
It states also that its officers have for the past 9 months
canvassed investment
bankers and institutional investors to ■ tind
buyers for the new bonds, and
that despite the fact that railroad
credit was high at the time, it was found impossible to market the
$9 000 000 of bonds on terms favorable to the applicant.
It further
states' that the series A bonds have recently fluctuated in price from
97% to 99%, such prices reflecting an early maturity and also the
due Dec. 1, 1945.
series A, 4%
The report of the
The applicant has
*
$536,000 and a $200,000 25-year 5% debenture issue.
The issues
already have been placed subject to
-the plan.
_
redemption plan, indicating the improbability of. the sale
of the bonds through competitive bidding at a better price than 98%.*
The applicant is convinced that a resort to competitive bidding would
release the prospective' purchasers for the bonds, and if no satisfactory
bid were received, it might be impossible to
sell the bonds to the
companies now willing to. purchase them.
In the unlikely circum¬
stances that a slightly higher bid were secured, the applicant believes /
the
insurance afforded. by
the present commitments would greatly
exceed any slight additional increase in price which might be ob-
Federal
for
taxes
YYY
8,035,589
%'■'
-A--:
'■
500,000
.....
$3,032,541
$3,146,081
$1,023,588
$1,050,990
$0.41
$1.27
$1.47
three.and nine months'
$0.42#
share—
per com.
$11,568,130
YY
./ "
inventories- '
of
of
common
titling them to purchase one share of new common at
Under the plan the common shareholders would not
outstanding collateral trust bonds due Dec. 1, 1953, have
1, next, at 139 flat. Payment will be
Mercantile Trust Co., Calvert and Redwood Sts., Baltimore,
Md., at any time before, on, or after redemption date upon presenta¬
tion and surrender of said bonds.
Y,; '
All of the
called lor redemption Dec.
made at the
'
Co.—Earnings—
Master Electric
':--':%;Y,'
,
4 1944—3 Mos.—1943
1944—9 Mos—1943
$3,633,650 $5,166,266 $12,250,139 $14,788,346
Period End. Sept. 30—
sales
goods sold, excl.
deprec. and taxes____
3,013,209
and amort.*.—
55,964
fTaxes, other than Fed.
income taxes
*Y-*~
52,915
Cost of
"Deprec,
Sell.,
and
gen.
3,268,864
53,356
Period End.
167,898
■•■■■•
153,357
Sept. 30—
£31,090
824,423
Earnings per com. sh,__
$1,512,642
22,872
24,733
$221,747
$1,537,376
$1,823,051
38,961
34,406
Y '■ 112,956
._
Fed.
for
$4,450,889
61,705
$1,753,083
69,968
$4,512,595
67,545
inc.
3,245,000
1,248,300"
133,300
renegotiation-
0*100,000
Y
$149,487
% $405,670
$461,795
$1,200,050
Earnings per com, shY
(249,932 shs., $1 par)
$0.60
$1.62
$1.85
$4.80
excess
ior
income
Net
1,097,300
and amortization amount¬
(1943, $53,064) for third quarter and $167,898 (1943,
months, there is included in selling, general and
administrative expense depreciation of $4,950 (1943, $4,714) for third
to $55,964
$148,604)
nine
for
quarter and
(1943, $13,354) for nine months.
$14,851
v
taxes shown - separately amounting to $186,215
third quarter and $1,421,275 (1943, $3,398,357)
taxes included in selling, general and admin¬
istrative expense.in the amount of $11,897 (1943, $16,748) for third
quarter and $38,595 (1943, $54,481) for nine months, making the total
taxes
$198,112
(1943, $1,161,112) for third quarter and $1,459,869
(1943, $3,452,838) for nine months.
'
' ' '
-•
the
to
addition
tin
for
(1943, $1,144,364)
for nine months, there are
Balance Sheet,
'
Sept. .'{(», 1914
V
'
$2,506,iG6J>Mspedal deposit
for post-war readjustments, $1,000,000; U. S. Government and Canadian
securities at cost (market value, .$1,226)234), $i|22^.809; notes and
Assets—Cash
hand
on
receivable,
accounts
and
on
customers
$1,049,116;
$18,500),
other
deposit,
(less
reserve
accounts
for dohbtfiul
accounts
receivable,'^;$8,760;
SEC
$1.61
depreciation of $784,602 and-reserve for amortization* of emergency
of $397,365), $1,523,922; patents and patent applications, $1;
Y %'■
deferred,, charges, $50,606; total, $10,636,605.
Liabilities—Notes payable,
,
Reserve
—*******"■
tion
7
Commission
employees' savings for war
purposes,
of
excess
and
Cost
of
$15,092,312 $11,651,431
sales
and
expenses—
Deprec. & amortiz. of fixed propert.
11,664,463
415,501
8,501,738
404,115
surtax
for
178,960
$3,012,347
and
Interest
received.
on
21,884
12,640
-
income
....
29,378
21,803
20,686
$3,089,279
Other
$2,801,586
$781,032
Exc.
1943
Sundry
"Prov.
Net
refund over prov.
per
common
share....
etc,
37,082
7$,843
stock
.
32,902
YY
54.241
2,055,500
1,831,500
'302,750
$917,854
taxes,
....
Includes provision
tiation
...
est.' Fed.* inc.
profit
Earnings
*
renego.
deductions '
for
$937,184
$424,041
$0.11
$0.12
Nil
for excess profits taxes and for possible renego¬
Other
,of Government contracts,- Included in the provision for Federal
1944—Month—1943
1944—12 Mos.—1943
$900,040 $1,1,054,762 $10,170,374
60,900
Prop.
ret.
Amort,
60,900
760
1,450
79,375
approp,
res.
l«iil»i'itliliii.
$261,453
Int.
i»!"
61,875
12,387
i
742,500
210,000
210,000
10,347
17,500
742,500
17,500
61,875
deductions
int. <fe
$2,923,113
$2,747,822
137,640
Crl, 983
Crl,283
$1,659,665
499,100
$1,847,412
499,100
$1,160,565
bonds_fc_„
debenture bonds
Int. on mtge.
1,158
5,473."-'.
»
ui—4——■
$239,829
ft
on
287!
766
■
Gross incorn e —'
Other
730,000
$2,742(349 >-'$2,921,955
$261,171*
$239,063
revenues—
oper.
Other income
Int.
i
limited-term
of
investments
Net
10.140
9,341
116,067
.
4,715,179
891.733
901.367
5,414,924
1,202,284
£55,864
730,000
467,619
29,214
79,686
428,729
taxes
,,t
$1,348,312
CrlG6
Cr245
$148,233
$171,981
chgd. to construct.-
Net income
Dividends applicable to preferred
Balance
•V.
stocks—..—.
124.484
stock,
par
New England Gas &
a
paid
on
one-half cent on
123,600
770,000
328,749
400,0,00
$1,933,368
104,045
$2,229,810
$2,355,533
876,338
for
YYY:„.
" Y-
'
..
'
'
.
'
•
;
reports
number
of
kilowatt
hours
available
for
for the week ended Nov. 18, 1944, as 66,709,897 compared
for the week ended Nov. 20, 1943, an increase of
65,969,460
1.12%.
y-.
%
y •
-v
Nov.Gl,'l944j was 65,944,965,
:
Y'Yy •■Y.YY-Y" -
:y
.y
-
Comparable'figure for.the week ended
increase of 2.80%V. 160, p. 2187.
New England
•
and IV2
Public Service Co.—Dividends—
directors on Nov. 16 declared a dividend on the prior lien
,.preferred stocks equal, to three-quarters of a full quarterly dividend,
payable on Dec. 15 to, holders of record Nov. 30.
This dividend is
applicable as follows: One-half thereof to the quarter ended Dec. 15,
,-1934, and one-fourth thereof to the quarter ended March 15, 1935,
being the first quarters for 'which dividends are in arrears.
Checks
the
dividend
$142*4 per//share
'
year.
On
dividends
on
per
be
mailed on
Dec.
14 on
the following basis:
the prior lien preferred stock, $6 dividend series,
dividend
March 15, 1944, and in each quarter during 1943,
15, this
the paid
Accruals/after
effect, to the current payments, will amount to $59.87% per
giving
share
will
share on the prior lien preferred stock, $7
Similar payments were made on June 15 and Sept.
and $1.31 %
on
160,
equalled one-half of the full quarterly rate.
trie $6
1900
stock
and
to
$69.56(4
2076.
p.
per
share on
the $7 stock.—
,
Rittenhouse Square Corp., Phila.—Interest Pay¬
ment—
11. This
cents on the
The
directors
mortgage
first
hove
5(4%
declared an installment of interest upon the
cumulative income bonds, due June 1, 1945,
to 2% of the face value thereof (subject to deduction on
Pennsylvania personal property taxes, with respect to those
bondholders'Subject to this >tax).
- '
Payments-ivill'lie made 011 Dec. 1, 1944, at the office of the Trustee,
The Pennsylvania
Company for Insurances on Lives and Granting
Annuities, 15th & Chestnut -Sts., Philadelphia, Pa.
Coupon No. 13
should * be deUcMd from the aforementioned bonds and
presented
equal
account of
Calls Bonds—
1,
.
J;.'-'The
last,
redemption Dec, l. 1944, at 126.8 flat.
Payment will be made at the Mercantile Trust Co., Calvert and Redcalled
j
an
$1,479,195
125,723
outstanding guaranteed collateral trust bonds due Dec.
have-been
■
England Power Association—Output Up 1.12%--—
Association
The
special dividend of 25 cents per share
1(4 cents per share on the class B
Mortgage-Bond Co. of Maryland,;
All of the
'
.
New
and
30,
the
17
kwh.
This is a
production of 12,973,610
..2187,
P.
and 10 cents on the common
the class B stock on Oct. 22, 1943, and 011
Sept.
ended Nov.
12,865,628
below
Co.—Special Dividends—
the common stock
with 30 cents on
Electric Association—Output—
Association reports electric outpu
decrease of 107,982 kwh.,- 01* 0.83%
kwh. for the corresponding week a
year ago.
.Y'•'
1 ■ ;'YY- :"Y %'Yv
■:
■'
Gas output for the Nov. 17 week is reported at 133.5G7.000 cubic
feet, a decrease pf 3,977,000 cubic feet, or 2.89% below production of
137,544,000 cubic feet ill the corresponding week a year ago.—V. 160,
week
the
series.
$5,
_u,
1635.
160, p.
For
of
April 17 and Dec. 31, 1942.—V. 160, p. 1865.
1953.
EdgeDay.
$925,394
revenues-—
Federal taxes
contract, tAfter deduct¬
l^fundyand.A'rbt retirement credit.—V. 160, p. 833.
stock
and
confirmed and
officially
21
Nov.
on
Co.—Earnings—
Operating expenses .__Y
stock, par $1, both payable Dec, 26 to holders of record Dec.
compares
President,
Period End. Sept. 30—
Operating
462,456
$1,438,827
.'YY.
common
class. B
Sugar Refining Co.—Sale Confirmed—
,
Yfor
■tfltW'1""
The directors have declared
the
Research Corp.—Asset Value—
industrial stock series: first offered on Aug.
Nebraska Power
with
598,586
/'
0(
Missouri-Kansas Pipe Line
on
$0.84
reported to be Elliott De Witt Dunn, Vice-President
a client said in realty circles to
Sugar Co.
;
The property first was offered in 10 separate parcels, but brought a
higher price later as a whole than the aggregate of the amounts
offered for the 10 pieces.
The plant has a frontage of 1,800 feet on
the Hudson River and embraces buildings with a total floor area of
more than 600,000 square feet.
For the war period it is under lease
to the Navy at u reported annual rental of about $112,500,—V, 160,
,p. 1635... Y
;Y:Y
V ■
YY";: ; '
Y'_ Y-Y"''' Y'-A ;
"Including gro«$; charges*'under firm power
9,955
20.171
Securities &
Bunker,
its territory
$2,037,413
...
revenues*—_
income
ing post-war
$730,220
21,565
25,670
purchases..._*
Y.
dividends
earned
Discounts
$2,745,578
1,334,698
was
V.
Operating profit
Y
1941
$1,127,824
& Brown Co.. acting for
878,500
18,600
Non-operating revenues
Net income
6,289,439
$1.21
v
%
,Y
623,300
—
depreciation.,*
operating
"
i 20.00
1942
$7,198,618
$0.87
Cross
1943
593,500
:
Special chg. equivalent to est inc. tax reduc..
'
1943
1944
-
...
1,335,701
Stock—
share
buyer
$6,196,576
1,578,909
...
Deductions
Maytag Co., Newton, Iowa—Earnings—
9 Months Ended Sept. 30—
;
,
1942
$958,434
1,335,701
$0.72
1943
$1,617,679
1,335,701
1944
$1,178,423
The
3,132,892
$5,564,642
1,524,855
395,571
-
Gross
%
cents per share
.
of the
Sept. 30
1944
incomd-Y—Y__i—....
taxes
income
Net
dividend of 65
be the California-Hawaiian
circumstances herein,
30—•
profits tax
excess
Provision
earned surplus available for general
surplus arising from post-war iefuncl
profits, taxes, $639,799; total, $10,636,605 —V, 160, p. 833.
$349,272;
$1,400,663; earned
surplus,
a
the high bid of $425,000 made for its 45-acre plant at
water, N. J., at a sale conducted on Nov. 18 by Joseph P.
Inc., auctioneers.
Y,r
Y /Y"'
public interest or the
proposed reduction to;
Months Ended
revenues
(electric)
expenses' A—
normal tax
for
post-war readjustments, $1,000,000;
reserves for contingencies,''
$1,150,000; common stock (249,932 shares, par $1), $24.9,932; paid-in
12
Statement
other than
tFederal
declared
16
accepted
Power
12 Months Ended Sept.
"Operating
Operating
Federal
corn.
per
National
Commission and the Illinois Commerce
dated, respectively/April 18 and 19, 1944.
;
Income
.
of
Ellsworth
no
Federal
the
of
a
rears.—
No State
(e).
orders
that
24
■
adverse findings are necessary under Sec¬
Commission having advivsed us of the failure of
Mississippi River Power Co. to comply with any State law, we find that
the requirements of Section 7(g) are satisfied.
It appearing to the Commission that it is appropriate in the public
interest to grant the request of Mississippi River Power Covior separate
approval of the transactions of; the amended plan relating to the pro¬
posed reduction of its common capital stock;
It
is hereby ordered that
the amended plan of Mississippi River
Power
Co.
be and the same^&ereby is approved- in so far as said
amended plan relates to the proposed reduction of the common capital
stock of Mississippi River Power Co. in the amount of $4,800,000 by
changing- the par value of the 160,000 outstanding common /shares
from $100
to $70 per share for the purpose cf creating in part a
capital surplus of $14,360,000 against> which will be charged $14.360.000 of
electric plant adjustments (Account 107) as, directed by
and
made
be
Other
sales
■
special meeting of its stockholders held Oct, 31, 1944.
•■"' v
The reduction of the par value of the common stock of Mississippi
River Power Co. is an alteration of the rights of security holders within ,
the meaning of Section 6 (a> (2) of the Act and subject, therefore, to
applicable provisions of Section 7. Under the
that it would not be detrimental to the
interest of investors or consumers to permit the
for
National Securities
the new National
1, 1944),
compared with $9,802,026 on April 30, 1944, an increase of 57%.
Changes in per share net asset values in the six months* period
were as follows: Bond series, $7.15 on Oct.
31, 1944, as against $6.97
on
April 30, 1944; low-priced bond series $6.92, against $6.66; pre¬
ferred stock series $7.49, against $6.75; income series $4.80, against
$4.49; low-priced common stock series $3.44, against $2.87, and inter¬
national series $15.37, against $14.41.—V. 160, p. 121.
capital surplus necessary to make the above dispositions has
been previously created in part by a cash contribution in the amount
of $9,560,000 by Union Electric Co. of Missouri to Mississippi River
Power Co.
Mississippi River Power Co. now proposes to create the
additional amount of $4,800,000 needed by the reduction in the par
value of its
presently outstanding 160,009 shares'of-'common stock
from $100 to $70 per share.
The reduction of the par value of the
common
stock of Mississippi River Power Co. was authorized at a
find
company
common
Sept. 30—
stock series and
The
we
value
——
National
***—*—14,360,000
.surplus
the
Henry J. Simonson, Jr., reports total net assets of
on
Oct. 31, 1944, of $15,380,615
(including
29,275
:
with
Series
770,870
—1,025,928
surplus
$60,529; debentures redeemable within one year, $125,000; ac¬
crued liabilities,. $766,097; 3%% .debentures, 1953, $2,775,000; reserves
bonds,
Net
the com¬
■
reserves
Taxes,
,4,
bank, $1,700,000; accounts payable, trade,
accounts payable, other, $17,769;
$402,544;
Approved—
that the Commission separately
of the amended plan relating
to the proposed reduction by Mississippi River Power Co. of its common
capital stock in the amount of $4,800,000, by changing the par value
of its outstanding
160,000 shares oi capital stock from $100 to $70
per share in order to'create an additional $4,800,000 Of capital surplus.
The proposed reduction in the par value of the common capital of
Mississippi River Power Co. is for tlj,e purpose of effecting compli¬
ance
with orders of the Federal Power Commission and the Illinois
Commerce Commission dated April 18 and 19. 1944. respectively, direct¬
ing Mississippi River Power Co. to classify $21,145,116 as electric
plant adjustments, $165,087 as other physical property, and $2,420
as electric plant leased to
others.
The orders provided that the $21.145.116 classified as Account 107 be disposed of immediataely by the
following charges:
Y;
-./-Yv-YY
To unamortized debt discount and expense
$626,148
Discount on capital stock
—-Y_1,200,UUO
Capital
the
as
after Federal income and profits taxes but before re¬
;;•.;•
-'■*Y' ' Y Y--.:., ••,'YY'YY''''Y"' ',Y ;"'Y:
Consolidated sales for the nine months ended Sept. 30, 1944, were
$19,081,948, compared with $20,120,642 for the first nine months of
'1943.—V. 160, p. 1188. ,Y;
Y;
;Y;:.. *
>-;-.'Y YY'—Y
Y
a
stock expense
for depreciation*..;.—
requested
profit
negotiation. '
simplifying
Capital
also
renomination
*Net
" ;Y'YY;:Y
C-.
Nov,
on
par
profit
Earnings
subsidiary of Union Electric«Co. of Missouri, for the purpose
the structure of the holding company system of Union
Electric
Co.
of Missouri by combining .the physical properties of
Mississippi River Power Co. and Iowa Union Electric Co., a subsidiary
of
Union
Electric Co. of Missouri, with the properties of Union
Electric Co.
of Illinois, also a subsidiary of Union Electric Co. of
Missouri, the elimination of Mississippi River Power Co. and Iowa
Union Electric Co. as separate corporate entities, and certain other
action
in connection with
the foregoing, including the creation by
Mississippi River Pqwer Co. of additional capital surplus prior to its
of
facilities
•
$2.04
approved an amended plan filed by
15
Nov,
on
inventories,
$2,622,400; post-war refund of excess profits tax (estimated), $639,799;
cash surrender value of life insurance, $9,025; fixed'assets (less reserve
for
$0.36
Yy..r--'A:
833.
Vice-President
as
has
for
(Including Wholly-Owned Domestic Subsidiaries)
;;
Shares
$1,030,738
$1,132,247
the
to the item of depreciation
addition
Yin
ing
"Net
$302,163
$0.69
Earned
284,338
prof, taxes
Prov.
YY;
1944—9 Mos.—1943
1944—3 Mos.—1943
$379,486
He
name
next riionth.
connected
^
Co.—Earnings-
_
taxes
resignation
his
National Cylinder Gas Co.—Earnings—
'
312,683
Ilicome deductions __*Y
Provision
148,604
;•
172,975
47,064
admin.
.Gross income
■
'
profit after all chgs.
and
.Other
■
Olher income
9,211,073
9,225.093
$198,875
•.; expense
'and
participate.
$10
9 Mos. Ended
Net
meeting
been
his
company.
submit
stock, payable Dec. 15 to holders of
record pec. 1.
This-compares with 35 cents paid on Jurie 15, last,
50 cents--on Dec. 15, 1943, and 25 cents on June 15,
1943,-—V. 160,
P. 569.
•
' YY ' \ , Y
; 1
-Y
the
consider
Collateral Corp.—Bonds Called—
Maryland Mortgage
„
$5 a share;
originally filed for reorganization under the Chandler
Act in May,
1943.
It furnishes, through four subsidiaries, telephone
service to 54 exchange areas in Northern Missouri and Southern Iowa.
—V. 159, p. 2523.
;t/ /YvYY'-YY' %- ^YYY Y;'Y'Y
%-vvY-'"
Steel Products
to
10.
p.
directors
The
on
The company
Midland
2,513,845
Muskogee Co.—To Pay 65-Cent Dividend—
Mississippi River Power Co. requested
and approve the transactions
$34,133,369 and $102,497,514,
12.5% and 8.5%, respectively
earlier.—V. 160, p. 1187.
periods ended Sept. 30, 1944,' were
respectively, representing increases of
over
the corresponding periods a year
159,
has
this
of
not
the annual
at
$3,838,942
2,373,364
Resign—
submitted
has
Manager
Archer
Mr.
of bonds.
% 1
1
'
of 6% and 7% preferred stock would receive two shares
for each share of preferred and subscription warrants en¬
elimination.
rental income for the
Sales and
"Revised.
Net
director
V.
Archer
directors
of
$3,605,080
302,811
;
Co.—Official to
M.
General
board
The holders
of
1944—9 Mos.—*1943
$3,351,979 $12,100,311
2,328,391
8,954,230
$4,042,270
2,991,280
possible future
in
market
Balance surplus
been
first mort¬
$1,000 principal
pany
1944—3 Mos.—*1943
Fed. taxes
Profit before
Earns,
.
Mississippi River Power Co.—Changes
Co.—Earnings—
Period End. Sept. 30—
value
Frank
$451,193
$429,286
293,782
income
160, p. 1634.
and
V'"',,'",,
Y
the' present 6% and 5%%
operating
.
$3,453,512 $32,144,650 $29 459 173
:2,218,038
22,276,145
19 360 414
784,281
6,263,425
6,259,817
$3,677,192
2,49.1,537
756,369
i.
expenses.-.-
Moxie
V.
,
confirmation of
of the
Marshall Field &
decline
\
1944—Month—1943
1944—9 Mos —1943
$3,459,651 $32,180,282 $29 512 535
1,626
6,139
35,632 '
53)362
-
income
,
—V.
6% holders would get cash of $755.40
holders would get cash of $750
per $1,000 bond.
In addition, each holder of $1,000 in bonds would
get 40 shares of new common stock and subscription warrants to sub¬
scribe to new common at $5 a share at the rate of 20 shares for each
The
Prov. for
Net
gage bonds.
Under the plan the
for each $1,000 bond and the 5%%
—V.' 160, p.
opinion that under the circumstances the applicant
should be exempted from the requirement to sell the series B bonds
through competitive bidding, and we so find.
See also V. 160, p. 2185.
Prov.
,YY. Y'Y YY'YY•;
will go to pay off
.
The cash
_
proposed
ta\Ved"are
Net
first mortgage
by
redeem
other funds, used to
bonds,
Operating
most interested parties/including the preferred stockholders.
The new plan, filed in the Federal Court at Kansas City, provides
for a new 25-year bond isue, bearing not to exceed 4%
interest, of
RR.—Bonds Authorized— .
The ICC on Nov. 10 authorized the company to issue not exceeding
$9,600,000 first-mortgage and collateral bonds, series B, 4%, due Dec.
1
1954 to be sold at 98V2 and accrued interest, and the proceeds, with
rev-
Operating taxes
reorganization plan for the company giving more to the
bondholders has been filed by the trustee after approval
.
Maine Central
oper.
operating revenues
Y
Y'/Y
revised
A
Uncollectible
Reorganization
Co.—Revised
Utilities
States
Middle
,
Operating revenues-$3,678,818
common
Plan— '
f; without adjustment of the redemp¬
' ;
'■
Y
■
price,—V, 121, p. 2886,
Mountain States Telephone & Telegraph Co.—Earns.
Co.—62Vz-Cent Dividend—
Mesta Machine
Sts,, Baltimore, Md.
Holders may receive • immediate payment
presentation and surrender of bonds at any time before on or
wood
is a
Act.
of the
The directors on Nov.
on
Monday, November 27, 1944
COMMERCIAL & FINANCIAL CHRONICLE
THE
2298
•
for
collection.—V.
155,
p.
2010,
Volume 160
Operating, revenues
Operating expenses
—..i
—™_™™-™—
ret.
■
oper.
;
'
•'?.;>
.
294,500
3,534,000
$290,157
$3,775,357
income
Depreciation
536,470
556,515
Taxes
648,478
676,223
Federal
8,318
2,178
$5,511,250 $5,328,761
1,681,123 '
1,697,545
252,112188,506
-
.
(other than inc.)
and
State
2299
Pacific Lighting Corp. (& Subs.)
1944—12 Mosl—1943'.
$7,324,441
2,251,790
358,260
741,975
.861,071
Maintenance
$< ,147,201
29,531
'
(net)—
CHRONICLE
(& Subs.)—Earns.
(Wis.)
1944—9 Mos,—1943
.
,
revenues-™--
Operation
■
...
$314,300
revenues,™
-
Other
Period End. Sept. 30—
Operating
3, 869,650
294,500
approp.
res.
»
Net
Northern States Power Co.
,
1944—12MOS.- t-1943
1944—Month—1943
$2,482,373
$2,294,865 $30,106,226 $26, 953,441'
£3,996,152
11, 845,132
1,030,699
1,123,011
4, 052,595
•415,031 v 5,692,186,
477,511
3,108,531
3, 038,863258,478
273,051
Other 'taxes1 ———.i™™.™
Prop.
Earnings—'
Service Inc.-
New Orleans. Public
period End. Sept. 30—
Federal taxes
THE COMMERCIAL # FINANCIAL
Number 4337
12 Months Ended
;•
138,130
5,914
Other int. & deductions-,
Int.
chgd.
construct.
to
income
Net
Dividends applicable to preferred
315,993
Cr3,547
265,181
.Taxes
—.1.,
16,946,945
739,770
899,825
Provision for retirements...
7,442,204
Other income
$9,016,738
325,793
$8,610,542
324,803
$9,322,400
283,437
$9,342,531
1,466,877
$8,935,345
$9,, 605,836
, 1,597,375
19,765
195,058
744,750
834,885
982,800
404,828
22,275
512,333
$1,354,544
78,037
$1,442,947
83,915
$1,764,128
101,160
$1,844,852
103,983
$1,432,581
$1,526,863
614,646
$1,865,288
818,966
816,144
$821,653
$912,217
$1,046,321
Based
$1,978,033
544,586
$1,596,026
$129,761
*'369,541
.
$1,433,447
preferred stock outstanding.—V. 160, p. 1740..
on
;
591,981
551,360
Total
other income-
';•;Net.income.™—
Bal. surp., beginning of
period / ™__.j,l_-™--™™-:.
Nov; 22 made a secondary offering
a
Ky.—$1 .Common Dividend—
Norfolk Southern
Total income
on funded debt.—....
v"
will
consideration
that
Stated
given during the Spring to the dividend policy of the company
the company intends to continue the policy of debt reduction
time
to
time.—V,
•
160,
2005.
p.
Period End.
Operating
"Oper.
be
Net
and
from
l/will
consider whether the applicants have exercised due diligence to com¬
ply with this order and whether an extension of six months or of
any shorter period is necessary or appropriate to the public interest.
—V.
entered
has granted the company
1944, within which to com¬
Securities and Exchange Commission
10,
additional six months from Sept.
an
The company, which is a sub¬
ordered by the Commission on
ply with a "death sentence" order.
sidiary of Middle West Corp., was
1943,
Sept. 10,
p. 1298.
liquidate
to
and
terminate
its existence.—V.
1944
Period End. Sept. 30-—
;
and
adm.
Oper.;
Prov.
Fed.
$431,087
$2,191,900
$1,940,374
186,398
968,337
20,583
97,428
118,331
Nov.
retirements™:.
48,487
179,989
63,754
dividends V_™
41,585
250,017
Securities
27
$517,625
Sept.
Net income
30,
was
«—V.. 160, p.
62,073
1,404,252
$1,358,689
160,808
the
and
32,104
$119,165,
$1,652,374
2077v\:..:;Vv"'y ;^',vV'v,
Operation
—
v.';:.;;
+
S
$593,210
balance
'
3,600.000
JrV.4,233,812
3,472,500
4,078,942
Fed. and State inc. taxes y
2,808,345
3,071,625
Fed. exc. pref,4ax-™™w-
4,220,434
3,253,725
DeiJreciation—™™..-™.™-™™Taxes (otherfthan inc.)
65,975
262,358
266,578
is
Commission
will
hold
$7,524,719
87,797
$7,610,631 $10,182,422 $10,518,964
94,154
116,049
119,219
Gross income-™—™-:-™
$7,612,516
deductions.™—
3,271,278
income—™
oper.
Other
to
At
on
Operating
income—
Income
oper.
hearing
Sheet,
and
Sept.
1944
30,
$215,511,058;
franchises,
invest¬
on
1944—9 Mos.—1943
1944-Month—1943
$10,844,074 $10,396,861 $94,866,127 $88,314,289
—_
28,800
rev.-
Operating revenues
Operating expenses
Operating taxes
Net
22,500
194,200
239,000
$10,815,274 $10,374,361 $94,627,127 $88,120,089
—
.7,335,524
6,621,797
2,730,214
19,071,425
$1,083,476
$1,022,350
1.747,941
3,728,494
57,796,767
19,723.297
65,950,892
2,396,274
operating income-
Net,.income
30,
surplus.—V.
160,
p.
—V.
—_™
$9,604,810 $10,600,025
15,340,986
15,453,720
1741.
160, p.
Panhandle
Eastern Pipe
1741.
vi:
Sept. 30—
;
^
i
.1944
,
share
Line
Co.—Extra Dividend—
directors on Npv. 20 declared an extra dividend of 25 cents per
a
dividend of 75 cents per share on the common stock, no
and
value, both payable Dec. 22 to holders of record Dec. 7,
Distribu¬
of 75 cents each were made on June 26 and Sept. 27, this year;
on March 31, 1944, and on April 15,
July 15. Oct. 15 and Dec. 21, 1943.—V. 160, p. 2005.
Provision
Gross
for
1943
v;--
$379,576
earnings
Operating expenses, maintenance and taxes-
211,179
tions
$371,386
i
25,889
$132,994
retirements™;
and
income
compared with 50 cents each
as
215,425
22,966
$142,507
depreciation
Interest, amortization of debt premium
(net),
of
etc.,
1
Panhandle Producing &
Refining Co.—Quarterly He;;
■ ■" -
port—V
& exp.
52,403
of
subsidiaries
;
42,905
3 Mos. End.
52,378
42,905
subsidiaries—
9 Mos. End. Sepi-30
Sep. 30, '44
726,498
$3, 350,770
997,858
186,508
^
1944
$1,222,883
Period—
492,942
Net .sales
Balance
$47,198
—
Purch.,
$37,710
Direct
deb
of
11
of corporation.
etc.,
expense,
transport. & contain,
operating expense™—
J
836.
;
Subs.)'—Earnings— gV;;
1944
1942
1943
Depreciation
™-—
5,910,877
Depletion
lk™-™^«,b™:-
1,993,741
32,614,587
expenses™™™.
1,815,450
358,431
223,803
265,224;
25,741
8,777
1.242
™_
27,128
6,351
833
.
2,051
:
37,600
34,354
30,232
88,474
97,778
31,701
87,986
985'
24,515
*
2,263,001
i..
1,865,927
2,202,913
5,310,642
•
678,848
Total
income
j ;
,
income„___
168,579
■
surrend.
77,190
Amortization of
All
other
Net
19,460
$180,142
$394,947
$325,547
32,822
24,227
180
expense—
V
-c.-™—-
803 /
3,361
5,652
12,608
8,299
$345,415':.
$161,206
——
$306,087
10,542
2,807
.
4,568
—™™_™
deductions.___—
income
47,339
13,384
debt
allowed
Note—Federal
$347,608
33,143
735,201
.
$274,762
if any, for 1944 will depend to a large extent
drilling completed before the end of the year.
In¬
tangible development costs of producing.wells are used as a. current
deduction for Federal tax purposes, although capitalized bn our books.
218,747
193,590
$146,999
■:i™__-__™_™™—'_™i™_-i.„-™,:i:
Discounts
$17,529j259 $17,272,087 $15,519,254 $12,042,798
169,015
™^-™™_™:
or
.Interest' expense:
•
$16,678,271 $16,114,448 $14,673,221 $11,307,596
850,988:
1,157.639
846,033
Operating profit-ya™.
.'
Operating Income
Non-operating income
29,610,750
31,653,400
2,433,653
6,075,015
1,732,340
Total
local
$2,972,788
1941
$59,460,477 $56,288,160 $56,701,217 $49,110,749
29,603,748
2,520,153
6,317,471
Other
90,093
1943
.
■
Sept. 30—
Ordinary taxes
and
rentals
Dry hole expense
Depreciation'
■'
Depletion k™.
.i.'—
vUndevel. leases expired
'
i™™™™.^™™™™™™,^!™
and
$37,699
$47,198
™™_™-™__.
Ohio Oil Co. (&
Costs
Lease
•
income
160, p.
costs
General and selling expense.-—-™™
>
Taxes—State
—V.
4,232,175
4>330,263
3,168,163
Cr157
Minority interest-™-.—
Other charges
-™
Net profit
Preferred
2,514,834
1,984,182
"4,097,558
"4,681,336
$11,962,277 $10,604,753
______
dividends-™-.
85,559
Balance
$6,406,009
$5,968,209
$4,536,623
$4,341,238
Common dividends I—_
l:640j844
3,281,687
2.068,755
"1,949,728
$9,244,080
854,715
1,640,844
1,817,420
t2,883,132
tax-
on
1,279
$7,804,288
1,135,673
1,640,844
the amount
taxes,
of
Surplus Account
Earned
1,073,404
1,073,404
1,431,205
1,431,205
$3,267,835
$3,463,220
$4,537,004
$4,974,804
5,817,483
4,915,540
5,498,842
interest'',™.™™-™™-™—™-,;
Surplus
Shs,
income—
Net
Earned
surplus,
-
begin¬
"No
ning of period.™—
;
4,717,101
$8,878,351
$6,748,521
per
(no par)
share.—_
6,563,377
6,563,377
$1.82
$1.60
$1.28
6,563,377
$1,02
.
Excess
$8,378,759 $10,035,845
2,045,603
1,534,204
1,756,503
1,317,382
pfd.
divs._.._—
6'f
pfd.
dlvs—
1,317,377
Cr39,601
-™™
Misc. direct items (net)
Cr39,601
74,120
$5,498,842
1.534,201
$9,691,905
2,216,166
28,332
Total'™™™_.i™™:™™-™_' $9,085,317
$6,273,341
$5,498,842
1,902,776
•
surp.,
period
end
of
••',/;'•■'
long-term debt expense ap¬
plicable to 6 year, V&'c notes, paid in full
'May, 1944'-____„„™_'_u™—--™_--'-™™i-u™™-U__'™
Dividend paid May 1, 1944—'
18, 1944,
for the
? 187.
Northern States .Power Co. (Minn.) <& Subs.)—Earns.
1944—12 Mos.—1943 ;
Sept. 30— ; 1944—9 Mos.—1943.'
Operating •revenues—__ $36,174,779 $34,442,753 $48,309,437 $46,048,303
Period End.
Operation
11,965,916
Maintenance,
Depreciation
4,212,062. '
2,639,595
exc.
Het
5,430,809
3,485.810
'
3,69($l90O
4,180,9^5
4,220,435
prof, tax—__
2,885,625
'3,253,725
5,493,890
;
i".f.
1-'.
..
taxes
Fed.,
5,617,391
1,224,691
3,472,500
4,050,272
1
Taxes,(other than inc.li
Federal and State ipc.
4,757,500
11:636,356
1,715,368
3,600,000
—-
15,585,361
1,653,944
4,591,250
16,186,276
2,213,930
$7,821,404 ' $7,919,584 $10,554,640 $10,907,044
Other JncomeLi_™r__—__ I
;
87,797
1 '94,154 " 116,049'.,
119,219
oper.'j.income™™™
income^-.™!™—;
s
Gross
Income
!
deduptibljs—__™
$7,909,200
3,271,195
.
Balance
$8;6i3,738.%tO,67O,M|Ii$ll,O26;204
3,168,033
4,330,,,'4,232,045
,
$6,340,501^ $6,794,219.
$4,638,005
$4,845,705
42,154
42,154
56,205
56,205
$4,595,852
$4,803,551
$6,284,304
$6,738,014
A,
Subsid. dlvs. and minor.
interest
(less
profits
for
Liabilities—Accounts' payable, $4^132,534; accrued taxes and interest,
$1,064,935; Federal normal income - tax. and- surtax,«estimated, $4,469,770; Federal excess profits tax, estimated, $646,853; notes payable, due
serially Feb.; 11, 1946-1951, ,$11,000,000; deferred- liabilities,{,$256,343;
common stock (6,503,377 shares no par), $59,235,791; .qapital surplus,
$5,087,363; -.earned surplus, '$39,492,240; total,$125^385,830.—V. 160,
^>pi.1933.
:
V;v- :;
"
""
ou;
LOperating reventies
exp;
•"Net1 oper.
Earned surp.,-beginning
of period™—™————
'
.4,348,575
$338,055
$360,484
261,171
270,473
:
1,125,135
$76,885
$90,0lf"',i;
'$326,430
*
Preferred
Common
Misc.
-
—
4ividends__„^.
dividends—_
direct
$8,944,427
(1.031,250
..
1,031,250.
1.375,000 j,
6,590:000
CrS.598
surp.,
'
-
-V.
period
,-G
of
end
.
160, p. 227.
$4,001,00.7
•
■
-
'
1,375.000
s-
Hi51
$.2,33^77,4
'•
•
.
V.
10
91
■
___
.•
<.
•*>.!•.
itifm
—•
.
$4^)01:007
9,. '
.
"
income
$76,975
$90,021
•49,012
—
Interest, -etc.,: deductions
187
,T
$328,618 '
60,621
•
1938),
Net income
Includes
$27,964
Period End.
"Net
250,870
Federal income and
■
excess
Pacific Power & Light Co.
Operating
Operating
$121,253
earnings
ft Earns,
.
1943
.
$7,391,674
$7,165,155
5,421,885
4,908,194
revcnues___-_
$1,969,789
$2,256,961
237;390
—
—
Rent from- lease of .plant™
u
1-—-
——
income. (net\__™U———
Gross .income \
Net Interest;'1 etc;,
i-v™v.v_
dtouetibnS—_
;••
"7,867-
-.
4;457
$2,215 04Qv,-,$2,404, 649
1,406.846*
1,271, 233
LI'J
—V, 160. p. 1867.
shr.
570,"
•
Inc.—Earnings---
14,581,000
$1.22
r.
1944—9 Mos,—1943
1944-—3 Mos.—1943.
14,268,000 §12,476,000 {111,655,000
$1.14
$3.32
-'$3,11
.
including estimated provision
L_J™U—
;
t
$748,200
-
1:
■
■
5
$1,223,416
{(Includes $1,906,000
subsidiaries.
consolidated
partially
of
owned
3,752,136 shares of common
.
fof!all
Park
Tilforcl,
&
non-consolidated
undistributed
share of
ttOn
subsidiaries.
the
stock outstanding.—V. 160. p. 1741.
Inc.- -$500,000
Stock Profit
Souglit
from Insiders-^
of
Provisions
Nov.
:r,
■!.'.•
.Net. ■.•income
com,
per
p.
233,231
revenue
earnings
Other
Sept. 30—
160,
normal and excess profits taxes,
tlncludes $1,261,000 repre¬
senting Paramount's direct and indirect net interest as a stockhcddcr
Inthe
combined
undistributed
earnings of partially owned nonconsolidated subsidiaries.
tlncludes $532,000 share of undistributed
earnings of partially owned non-consolidated subsidiaries.
^Includes
$2,797,000 share of undistributed earnings of partially owned non-
160, p. 836.
deductions
revenues
operating
$4,743,9GL—V;
total,
"After interest and all charges,
Earnings1944
wages,
Federal
ptP^itk'tdxek?—V:
Sept. 30—
$781,658;
Paramount Pictures,
470
$372,124
225,577
payable, '$186,328; 'accrued' salaries and
031; deposits on sales contracts. $28,227; S-year; 4(4(7 secured notes,
$1,195,741; purchase obligations,- $31,872; commcm Stock ($1 par value),
$905,407;; capital surplus, $1,430,044; earned; surplus' (since July 31,
:
4,600,000
jufi
4.
-•
?$2,331,774
•■
Gr"lfli463)fr..r'61>702
19,734
—
Earned
$10,285,311 $10,037,709
3,300,000
5,590,000'
—
items (net)
$8,351,091
Liabilities—Accounts
' '$371,654
inctime____
.
reserveUifl$B92,858;
$13,640; accrued interest, $3,846; state and local accrued taxes: $24,167;
accrued taxes-current excise and miscellaneous taxes (accrued), $134,-^
1.071,432
r^Xlief income
Net
Total
cash- deposited with trustee, '4'/a#, notes,
$208,984; notes and accounts receivable
inventories, $553,497; investments, $398,196;
deferred charges^ $22,238; fixed assets dess^-reserve for depreciation
.and depletiont<xi'f.(i$3,i793,553')f $2,672,959; other assets,1-'$83,414; total,
$4,743,961™.
-v'-r
"
.:«>
';>xV.,;) "
(less
1944—12 Mos.—1943
$1,451,566
$1,443,086
___
3,299,695
4,001,007
3,543,440
1944—3 Mos.—1943
taxes—_
&
12 Months Ended
Net income—'
Assets—^Cashjdi$327,452;.
$84,362;, Unitftir.Sitates bonds,
Oklahoma Power & Water Co.—Earnings—
'^'•Gross
$1,439,043
ji(|^psolidated Balance Sheet, Sept. 80, 1914
',
•;'■ ••',"' 'V" '
"
•
.
•n;,.Period End. Sept. 30—
fi;
$781,658
25,320
tax,
reserves
88,191
Surplus at Septj.aO; 1944-k-^k™™-—_™J——
notes and accounts receivable,
$712,281; post-war refund
$87,861;
property, plant and equipment, at
depletion and depreciation $190,498,518), $79,deferred charges, $620,493;atotal, $125,385,830.:
excess
171,839;
:-•'.'
Weekly Output—
■ ■■'
o.
Electric output of this company, for the week ended Nov.
45,359,000 kwh,; as compared with "42,914:000. kwh.
corresponding week last year, an increase of 5.7(r..—V.-160, p.
.
totaled
41,562
$1,439,043
Less—Unamortized
Consolidated Balance-Sheet, Sept. 30, 1944 v
000; notes and accounts receivable, less reserve, $6,951,748; inventories,
at
cost,
$7,374,-OSO*," Investments,' -at
cost, less' reserve, $3,686,752;
cost
sale of
$895,169
Assets—Cash, $19,045,806; United States Treasury tax notes, $7,735,-
of
$6,273,341
—
6,053
from
received
23,500 shares of treasury stock—.——__
excess profits tax.
tlncludes excess
(after deducting post-war refund of $58,811) of $529,298.
miscellaneous
Earned
value
.
345,415.:
——
——
par
$1,397,481
provision made for Federal
profits tax
:
over
Surplus
$543,701
Jan.
Sundry credits
..
'
7(1
at
T, 1944^—™_______■
Add—Net' income 9 months ended Sept. 30, 1944
$5,027,771
6,563,377
—$8,680,596
stk.
com.
Earnings
Capital
Surplus
Balance
Subsid. divs. and minor.
•
revenues
Uncollectible
22.
The aggregate
1944, the earned
Nov.
Sept.
"
.
Balance
properties
capital
and
capital
Prov. for Fed. inc.
;
and
$7,704,785 $10,298,471 $10,638,183
Net
■
$1,013,906
$3,63
securities;
157, p. 2524.
a
$3.14
:
Pacific Telephone & Telegraph Co.—Earnings—
$128,634
$96,140
profits taxes.—V.
excess
$850,918.
Interest '™™™„™™™_.k™™'i_™
■
stock
include provision for Federal excess profits taxes.
Period End, Sept. 30—
Ohio Cities Water Corp. (& Subs,)—Earnings—
Sales
1,653,944
4,591,250
5,464,929
3,932,900
4,180,995
2,213,930
4,757,500
5,653,671
3,693,560
5,493,890
1,224,691
1,715,368
Maintenance
65,330
Exchange
dividend
the
9 Mos. End.
(& Subs.)—Earns.—
1944—3 Mos.—1943
1944—12 Mos.—1943
$36,174,779 $34,442,753 $48,309,437 $46,048,303
12,066,100 11,730,638 16,314,464 15,705,320
™
in
The
$1,197,881
77.298
$1,921,877
269,503
$183,G14
Period End. Sept. 30—
251,361
$395,212
;v 989,892
$151,269
Northern States Power Co. (Del.)
Operating revenues
247,520
$358,498
surplus $1,289,569.
The proposed
dividend is to be charged to earned surplus to the extent thereof and
Net
——-
60,068
proposal of the corporation to pay out of the surplus
1944, a. dividend of 25 cents per share on its commomn
surplus
$368,797
325,367
deductions..—
Income
1,563
$646,573
$78,592
$12,61.7.":'
$217,195
$3.45
1,000,000
4,825,893
the
on
of
194,323
$89,194
$260,912
income——
Gross
$606,018
V
$723,939
.....i,._
common
■
66,658
Other. ■ income—
$138,660
$129,460
$645,010
.
61.891
Interest,■; amortization"
:
3,664
.
$6,839,799
$8,183,755
1,343,956
1,336,436
Liabilities—$5 dividends preferred stock, $20,000,000; common stock,
$29,937,924; preferred capital stock of subsidiary, $22,287,350; minority
interest in common stock and surplus of subsidiary, $1,434; funded
debt, $45,876,000; accounts payable, $3,618,762; accrued interest on
funded debt, $90,953; taxes accrued and payable, $14,648,714; dividends
payable, $584,314; customers' deposits, $677,247; retirement reserves,
$84,105,599; insurance and miscellaneous reserves, $4,507,3921 earned
surplus, $18,494,579; total, $244,830,268.—V. 160, p. 732.
2.491,505
299,019
178,505
,$135,546
.....
$602,354
275
691
$6,043,088
1,000,000
4,825,893
f
$4,414,286;
cash, $9,811,951; U. S. short-term
securities, $5,254,000, accounts aftd notes receivable, $4,521,382;. gas
storage and deferments, $795,670;; materials and supplies, $2,264,589;
deferred charges, $2,257,331; total, $244,830,268.
"
'
"
$67,569
Preferred dividends
61,579
taxes—
surplus
on
Taxes
'
29,573
.
prof,
Operating income—™
$138,385
$128,769
charges
etc.,
amount
152,157
and exc.
Note
Assets—Plant
Ogden Corp.—Dividend Hearing—
The
807,746
22,959
taxes
Other
1944—12 Mos.—1943
3 Mos.—1943
2C3.907
for
inc.
Balance,
Per share
$679,996
2,704.181
;
$6,543,8321,000,000
4,825,893
stock....™:.
stock..—.—
17,427
$7,279,524
par
(& Subs.)—Earnings—
—
—
27,135
917,695
$3,306,535- $3,136,515
Gross
gen.
expenses
Maintenance
581,370
"Includes. Federal income and
160,
$599,136
revenues.—.
'
1944—12 Mos'.—1943
$719,755
631,766
income-
12 Months Ended
Northeastern Water Co.
common
20,334
1944—3 Mos.—1943
^Baiancaa^-^i-.^;^''':-, $2,239
1
Operating
.
„
$737,787
$760,535
taxes-..
27,630
$7,887,211
1,337,380
$1,645,159
27,135
961,395
$679,996
stock, payable Dec. 1 to holders of record
Co.—Extension Granted—
preferred
on
ments
income _™—i—-
Preferred
of
North West Utilities
on
1,556,716 •
16,532,
16,072
....
Pacific Lighting Corp.
to
Dividends
Commission
The
1943.
16,
Nov.
on
160, p. 2077.'
The
$1,726,317
20,334
Net income
•
dissolve.
was
742,896
$737,787
?
Sept; 30—
&
oper,
Interest,
order
20,351
,
revenues
exp.
Gross
The
The
512,468
679,996
■
Other income —_;_™™
; vy
North Continent Utilities Corp.—Hearing Dec. 1—
i
Securities and Exchange Commission will hold a hearing on
Dec. f on an application of the corporation and its subsidiaries for
an extension of one year from Nov. 16,
1944, in which to comply with
an order of the Commission directing North Continent to liquidate and
..l
Net income before dividends—
Dividends of subsidiary
1
President,
Hawkins.
Other' Interest
Northwestern Public Service Co.-r-Earnings-
.
have declared a dividend .of $1" per share on the.
payable Dec. 11 to holders of record Nov. 27.
An
initial distribution of $2 per share was made on Dec. 10, last year;
stock,
hone since,
Morris
S,
——
Interest
Applies,
!'\
655,496
dividends—.
Bal., end of period..:
—V. 160, p.' 1083.
directors
The
common
.
Consolidated
$1 special commission to members of the National
Association of Securities Dealers, Inc.—V. 160, p. 835,
with
;
$1,463,577
9
20,351
Exp. in connection with
removal of rwy. tracks
at $48% per share,
(no par)
stock
of common
shares
$1,413,635
dividends
Common
of 10,000
-
Total income..™;
,
Preferred
on
.
Dividends
Ltd.—Secondary Offering—Wertheim
Noranda Mines,
& Co.
(net)
Interest charged to construction, Cr
income
Gross
•
.
.$1,132,691
exc.
Total income deducts.—
stock.
revenue..———
26,139,799
11,428,217
6.688,939
$1,948,835
610,927
operating
29,600,438
—.
57,375
Net operi income-
,
_
$63,006,305 $35,698,693 $53,479,355
—...
,
Net
613,695
prof, tax—
Federal
314,592
Cr54,147
'>
4r-^':$1,226,485
.Balance
•
$4,176,732
1,938,254
Cr7,02G
$170,256
'
„___™™__.-
149,921
19,679
.
/-C™---
•
1,875,203
$3,783,675
$314:300 V •->$292,333'
bonds
mtge.
011
3942
27,838,496
12,254,843
6,994,812
operating revenue...',
Operating expenses
,
Gross income
Int.
1943
Gross
inc.
taxes.
Earnings—
1944
Sept. 30-
$7,101,325
2,311,522
17
in
a
$800,000 from
The1 law
the
Securities
Exchange
by
company
suit filed
the
Arthur D., John S.
Act.
of
1934
were : invoked
in Federal court to
and David A. Schulte, Jr.
provides that 'profits' made5 by Jah
officer
or
a
recover
beneficial
-
sale
juul
;
A ■'
'•
:
"
12 Months Ended Sept.
Provision
depreciation
end
deductions of subsidiaries.—
interest .——*__*I_—*r*_**——*1
etc.,
Interest,
Interest, amortization of debt discount, premium
etc., ;of corporation——A."
,
Period End. Sept.
317,605
A
'
319,476:
?After
160,
$290,495
836.
p.
.
.V:;- A,
1944.
-■
'
Income Account
-
.
Consolidated
9 Months
Ended Sept. 30—
sales 1.
Net
Cost
——a——————a
goods
of
—
.*
—.**„A*-
charges
Income
—-
—*——
—,——'*A*—_—**~A—::
Fed. income and excess profits taxes.
Nel* income
Prov.
for
Net
income
A Earnings
PAfter
.***..
*—,
Consolidated
<
hand
on
Sheet
Balance
Sept.
$1,860,325
150,000
$469,264
$570,988
$305,528;
.
277,448
$1,954,408
•
309,346
*_U-
2__'
516,115
to
charged
122,615
(net)
construction,^*—
prem. ancl exp.
-
;
Earnings pev share of
Note—Some of the
common
18,194
$1,601,811
$3.53
$3.54
;
stock
items included in the above statement are based
160, p. 668.
Dividend—May
$26,442,400 of Series A 5s Due 1956—
"
Marquette Ry.—Defers Action on
Refund
directors
The
met
at
Cleveland
on
Nov.
Period End. Sept, 30—
Net
decided to defer declaration of any dividends for the
Similar action was taken abcut a year ago.
further announced as follows:
"To
provide for needed property betterments end to permit of
further debt retirement necessary to attain the required credit im-
$1,-
adherence to the debt retirement policy initiated
the company has purchased $12,067,600 par value,
of its first mortgage bonds since that time.
At , ■, ''a*;,
18.7%,
1942.
a
A
accrued salaries and wages,
Nov.
of
1944.
21,
there
Federal
S.
Sept,
Airlines Corp.—Record Traffic
51,990 passengers in October, the corporation's lines flew
highest monthly, total of air travelers in its history, J. J.
Vice-President, reports.
During the month,' PCA also
Pennsylvania-Central
Carrying
second
the
O'Donovan,
this
12,
and Dec.
cents,
35
year.
issue.—V.
160,
p.
A.;'-A'a.^a'a
Products
Dairy
Inc.
Co.,
Second
Third
9
First
for dividend
Operating
revenues
expenses
$4,207,813
—
Operating
—
Federal taxes
Other
Prop.
taxes
2,165,565
588,212
7,218,851
143,525
311,667
179,166
285,833
3,662;500
_i
approp..
1.7381729
24,803,037
6,703,223
2,077,337
3,635,000
investments
and
9
10.097
—*
Other
revenues-
oper.
$932,540
(net).—a.
6.991
income
Gross
$902,607 $11,211,616 $11,542,807
income
$938,631
„„v
71,522
4,994
$907,601 $11,283,138 $11,580,460
3,283,700
1,282,500
3,291,849
1,282,500
Cr928
1.105,142
Crl0,027
1,104,304
Cr239,395
$437,7.33
$5,621,823
$6,141,202
Interest on mtge.'bonds
273,642
273,642
106,875
Int.
on
Other
IritAchgd.
Net
bonds
106,875
&
deductions
90,299
to
construct.
85,917
Crl,149
$473,346
debenture
int.
income
Dividends
Balance
applicable
to
——'
37,653
3,837,992
3,839,016
$1,783,831
—
Changes in Accounting Approved—;,
"
accounting adjust¬
National Power & Light
Co., to reduce its property accounts to the basis of original cost.
The items in question total $52,158,072, and comprise $12,551,418,
of write-ups and $39,606,654 property acquisition adjustments.
The $12,551,418 is to be written off immediately.
Of this amount,
*8,480,958 will be provided through donation of 873,000 of the com■uuiy's common shares, and of other holdings by the parent, the Na¬
tional Power & Light Co.
National now owns nearly the entire 1,879,The
Federal
Power
Commission
has
approved
ments proposed by the company, subsidiary of
075
common
shares
outstanding,
A charge of $1,846,487
will be made
depreciation reserve and $2,223,974 will be set up as a capital stock
expense, which is to remain on the books.
'
"Pennsylvania also will write off at once $13,676,533 of the $39,606,-
discount and
•>54
md
property acquisition account
to depreciation "reserve,
The $25,930,121
period,
Twelve Months Ertded
balance is to be written off by monthly charges over
Federal, income
maintenanCe___t #45,333,727 38,815,005
:
8,305,595
8,167,990
taxes
( 8,527,144 "i 8;757,632
Provision! for Federal excess profits
taxesA__I-
5,749,754
5,017,803
,
1.959,410
•
Provision for State and local taxes—
1,837,832
4,419,396
Provision for other Federal taxes_:
' .4,915,243
profits after taxes are concerned.
Income
$23,499,330 $23,720,881
income..:
and
taxes
deductionsi
7,325,274
_
income————
*_
;
7,2^4,311
$16,174)056 $16,486,570
(ex-
--a :
on
preferred
Balance available
Earns.
per; com.
for
share
(3,160,287
stocks__-i
A_._„i$'J4,d05;B88
shs. outstdg^) >v\
>JFigures for periods'prior to 1944 have' -heen
purposes.-
,
.
"2,168,768
stocks—cl_
common
.•
,/«$l'.43,
re&Ca^d
'
•
2,168,768
for comparative
•*
•
;•
6,752,468
$5,041,878
'163,220
$4,428,500
$5,240,846
2,188,370
.200,000
$5,205,098
2,214,885
' 150,000
$4,671,963
2,241,436
dcductions..i_„_^*_.
239,214
Prov, for Fed* nor. inc. & surt(ax_F:. 566,100
Pr'ov. for excess profits tax__*_*_*i
:v
659,900
237,767
819,850
490,000!
$1,387,262
$1,782,596
$1,691,063
$4,952,428
earnings
income
Total
earnings__-_A______„I
net
Interest
long-term
on
debt
*
utility plant acquis, adjs.
Amort, of
,
A Net
•
*
income
Sundry
income
A
"--
-
243,463
•
249.464
Comparative Balance Sheet Sept. 30
V'"11944 • A,A:
1943 $59,032,040 $58,371,546
5.244,782
Investments and long term receivables
2.206,124
2,182,040
Sinking fund deposit
__„*__**_.**,^_-I„„
231,750
222,525
Cash
***.„r**.aF***—*A-_rA 2,485,874
1,860,599
U. S. Government securities—^——6,351,218
5,299,050
Spec, fund for redemp. of bonds called (contra).
; •
3,094
,
* 1,036
Special deposits
:
29,460 ■«
17,511
Accounts and notes receivable.*——
__a vr
739,500
833,361
Res,-for uncollect, aecs. & notes,receivable——
Crl09,499
C/113.273
Accounts receivable from affiliated companiesi.,"
31,873
35,708
Materials
and
supplies.., 692,428
583,415
Prepaid insurance premiums, taxes, etc.—
45,917 /
93,693
Unamortized debt discpunt and expense——1_ a 2,465,668
2,635,815
Property loss re conversion..^*—;—*a——157,550
206,027
Sundry deferred charges, and unadj. debit items
160,563
78,349
Assets—
-A,;;;
..
utility plant
Non-utility property
-A.' '■
A
Electric
__*„„_„-**.„_**__z__^_-_A* ,.5,297,193'
.
—
:
.Total
$79,820,753 $77,561,184
—
——
——
Liabilities—
.
lonc-term
debt.
liabilities-,
:
,
.
$47,850,663 $48,428,538
19,111
- 21,220
—
J
payable_r—
...—411,288
deposits
—I——
26,240
— ■.
1,223,509
Accrued Federal income taes——:
'
1,266,955
Accrued'
taxes,
other.——
_F———Il.i*—L
1,467,084
Bonds.called, not redeemed (contra.
3,094
Deferred credits
—— '
15,774 ^
Accounts
Customers',
interest
Accrued
—
.
,
,
.
Contingent
6,496,787
350,000
150.000
saving
522,152
damages..*.— —17,9).4
in aid of constructionj.:
lit-'
110,755
108,261
of
plant
—
.
18,441
and
Contributions
Capital
stock'(236,819' shares, no par)'
surplus
i
Total
160,
21,203
7,157,012
-
Amortization
—V.
698,899
1,000,049
1,12,7^297.
1,420,926
1,036
34,443
"
Reserves':
$14,317.^02
*.$1.46
;
(a
: *
7,642,504
8,238,519
tax
Earned
Dividends
•
1944
1943
1942
$13,190,9.47 $12,684,382 $11,180,968
revenues
Federal
V;
Co.—Earnings—
30—
288,418
Net
Other
Injuries
Net
1943 are in process
end of the year.—
a^AAv-
Depreciation
Gross
'.A^A;.;
''FA-aa/Aa^A'FAv'.A-.A
/-A ,'.";/' ;
expenses
of
Deferred
*1943
.
$91,232,386
Sept. 30—
'*• *1944
othepotftility income__ $97,794,356
Operating expenses;Airicluding
Provision for depreciation-
starting
elusive
payable within
stocks.: $96,163;
revenues- arid
for
operating
Operating
Total
Provision
net
as
Months Ended Sept.
Gross
,
Operating
far
as
Portland General Electric
for Federal and State income
Treasury tax savings notes and
Philadelphia^EIectric Co. (& Subs.)— Earnings—,
601,000
renegotiation reserve.
renegotiation feserve.
Poor,;.President, states;' :
160, p. 1299.
12
provision
mostly by charges to earned surplus
in 1945.
Of this amount, approximately
,9800,000 a year will ccme out of annual appropriations for property
retirement reserves; which are ample for the purpose, and the balance
15-vear
V.
.
and excess profits taxes' (less
U/ S.
accrued interest, thereon, of
$621,472), $869,736; Phila. Dairy Products Co., * Inc.—obligation under
contract—payable $12,500 annually, $109,375;: Richmond Dairy Co.^y
first mortgage bonds, 4%
due'serially Jan. 1, 1946, 'to July 1, 1949;
$149,500; preferred stocks of subsidiaries held publicly—at redeemable
value and accrued dividends thereon, $1,589,230; $6 cumulative first
preferred shares (48,945 shares, no par), $4,894,500; $4 non-cumu¬
lative
second
preferred, shares (44,178 shares, no par), $1,767,120;
common
shares (par 25 cents), $27,764;
earned surplus, $2,112,714;
reacquired shares, at cost (1,500 first preferred, 381 second preferred
and 210 common). ,Dr$lQ9,839; total. $13,361,447.—V. 160, p. 2078.
459.000
1.460.000
-
('Renegotiation proceedings respecting the year
it is expected will be completed before the
accrued expenses, $344,308;
cash deposits, $78,919; - subsidiary's bonds,
$19,000;. dividends payable on preferred
1.114,000
1,573,000
and
.
$2,302,186
preferred stocks.—..*./■
volume
usedvin operations (less
disposal)., $22,936; prop-,
erty, plant and equipment (less reserve for depreciation of $7,499,812), .-.j
$4,918,870;
bottles,
cases
and cans, $199,546; goodwill, $2,291,603;
total. $13,361,447.
,' A ' .
•
A - ,
-
year,
150,000
157,000
152.000
"Shipments for the nine months are approximately 35% ahead of
same period
in 1943.
The backlog of unfilled orders continues at
record level.
However, as mentioned in previous reports,, the tax
situation is such that no substantial effect is felt from fluctuation in
$522,697; property, plant and equipment- not
for depreciation and jiossible loss on
Liabilities—Accounts payable, $1,412,957;
752,000
,
the
U. S. Treasury securi- .
interest therqon-$101,428; .accounts-receiv-/.,'
accrued
...
"A.
177,000
574,000
tax and renegotiation reserve.
first preferred shares, $71,168;
and
•;
213,000
income, profits tax and
C—Alter
Fred A.
..
2,061,000
30
profits
income,
B—Income, prolits tax and
(net), $898,056; inventories! $1,559,304; miscellaneous receivables
investments! $328,512; prepaid expenses: and deferred charges,•
employees'
months ending Sept.
$184,000
$530,000
615,000
576.000
1,721,000
2,147,000
517-000
367,000
533,000 A, 376,000
523,000
371,000
*._A**_.*_*„*__--*- '
quarter
quarter
A—Before
...y
828,000
753,000
2.295,000
2,899,000
A":;%^.¥i;A-A ,aaa: A
iponths ending Sept. 30
12
reserves
one
Net
on
cost,
at
,
limited-term
of
Amort,
26,949,040'
2,215,504
604,582
i*_
ret. res.
1944—12 Mos.—1943
$4,121,383 $50,780,736 $48,771,501
1944—Month—1943
Period End. Sept. 30—
ties
able
ending
quarter
Second
Third
*
-
'
Sept. 30
months ending Sept. 30
12
than during any previous
Pennsylvania Power & Light Co.—Earnings
a—I***.****A::
quarter
c "A-
B
AAAI/IV.-A.FV.AAv.
*%
' $714,000
quarter
months
'"■;1943—
"
toore mail
$0.24
-Income-
month of this year.
Earnings—.
A v ; ■
i'%,:fa;-:' V"'A
Passenger. totals
for October, representing an increase of 116%;
1944—12 Mos.—1943
Period End. Sept. 30—
1944—9 Mos.—1943
over
the same month a year ago, were exceeded only in August of
$650,810
$634,232
■.'•'Net income
A- ;; $652,170
$659,201
this year, when PCA set its all time monthly record by flying 53,550
After .all charges and taxes.
I :A-.^'j:'t'A
A" '.A'"'.
air travelers/
The August, 1S43, figure was 23,975.
;>!
*
* , ,
Air mail carried over PCA's system for the month just passed totaled
Consolidated Income Statement for the 12 Months Ended Sept. SO, 1911
523,001 pounds and was 25% greater than the amount flown during
Net
sales, $27,072,414; cost of sales and operating expenses. $24,the same month
of last year.
Air express gained 12% over the
876,712;
provision; for depreciation, operating. $410,296;
operating
corresponding month of last year and totaled 472,890 pounds.
profit," $1,785,406; other Income, $65,834; total income, $1,851,240;'
Three recently returned planes are now in the company's maintenance
other deductions, $31,61.4; Federal and State income taxes, $478,300;
and overhaul hangars at the Washington National Airport for recon¬
Federal excess profits taxes (less debt retirement credit of $13,108),'/
version ' to commercial duty.
These Capitaliners should be ready to
$679,200; cumulative dividends on subsidiaries' preferred stocks held
Take to the air about the first of the year, providing more frequent
publicly,; $67,490; post-war refund of excess profits tax, Cr$C6,l75; net
flight schedules, with a resulting increase in available seats to air
profit. $650,811, equivalent, on the present capitalization, to $13,72
travelers,
and will bring PCA's expanding fleet to
17 ships, the
per share on the first prefen-ed shares; $8.36 per share on the second
announcement concluded.—V. 160, p. 2187.
preferred shares, and $1.72 per share on the common shares,
Based upon an exchange of 25,000 shares of first preferred stock
Pennsylvania Electric Co.—Acquisition—
pursuant to . the plan submitted to the shareholders under date of
Sept,' 25, 1944; and the redemption of the: remaining shares , with the
The company's
proposal to acquire all the assets, subject to the
proceeds of a loan of $2,500,000, the above earnings, after adjustment
liabilities, of its subsidiary, Johnstown Fuel Supply Co., has been ap¬
for interest and taxes, would be equivalent to $20,83. per share on the /
proved by the Securities and Exchange Commission,
first preferred shares, $10,49 per share on the second preferred shares,
Pennsylvania will transfer to its subsidiary all the latter's out¬
arid $2.56 per share ori the common shares.
standing shares and Johnstown will be dissolved. .
.
; V
Consolidated Balance Sheet, Sept. 30, 1944
Both companies
are
part of the Associated Gas & Electric Corp.
Assets—Cash in banks arm on hand, $2,447,327; cash appropriated
holding company system.—V. 169, p. 2187.
carried
A'AA.AA
First' quarter
Subs.)—
(&
A
Co.—Earnings-
A
1944
1943 were as follows: . 'June 30,
Dividends are in arrears on this
.-A,;'A';;' tA
1191.
Philadelphia
•
..
Nil
&
Poor
or
are
Payments in
15, 52 Vz cents.
:.A
'AA/.-,; $1.19
•
outstanding.—V. 160, p. 2006.
share
in
outstanding a total of $52,467,400
first mortgage bonds, dividend as follows:
$26,442,400 series, A 5s,
due 1956; $4,468,000 series B 4s, due 1956, and $21,557,000 series C
4M»"V due 1980,
A wholly-owned subsidiary owns $575,000 of the 4'/zS
"As
$1,360,284-
$122,550
:A;:A%A -A'-,% (A'aa.:;**i-»t. a; ;.-/**_'**'.
Nil
$1.40
The directors on Nov. 1 declared a dividend of $1.37¥2 a share on the
prior preferred first series 5'/a% stock, payable Dec. 1 to holders of
record Nov. 17.
Dividends of the same amount were paid in preceding
quarters this year.
There are accumulated unpaid dividends of $1,37¥a
.
strict
"By
,
AL 1944—9 Mos.-»1943
a.:*..— -/../ 1 %>>>; -.'i.";.'$5.63
$2.04
$22.82
AAv A*
$3.25
■"
provment, as well as to assist in any refinancing program that may be
arranged, conservation of cash resources is considered to be of para¬
mount
importance- at this, time..
i
1
^
a '
:A
"It is hoped that a refunding of the 6ompany's 1956 first mortgage
maturities can be arranged on an advantageous basis in the near
future.
'
-A;%:•"%
A
;A'y
October,
•.
,
1944-A.3 Mos.—1943
$195,451
$338,760
prior:
on
stock
Earns, per sh. on class
A pref. stock—*
;
Earns, per com. share-
company
.
'
pref.
question
The
•
profit
Earns., per sh.
and after considering
21
present.
1944
A.A(;;,-.a;':''A:;;
„
M,
Pittsburgh Steel Co.—Earnings—
Pere
and state income taxes
(estimated! less $910,000
Treasury tax notes, $805,722; other taxes accrued, $69,598; other
of 1980."—V. 160, p. 1868 and 1741.
:&i.
accruals, $114,343; note payable to bank—due July 31, 1945 and 1946,
3375,000; reserve for contingencies, $572,986; preferred stock (author¬
Petroleum & Trading Corp.—20-Cent Dividend—
ized and outstanding, 25,000 shares. without par value),
$1,952,000;
common stock
($1 par value), $182,000; capital surplus donated and
';'.,The directors:on Nov4 20 declared a dividend.of 20 cents jper share
Paid in, $1,008,000; earned surplus,., $2,278,850;
total, $7,709,807.-r-*„
on
the class A stock, par $5, payable Dec. 27
to holders of recordV, 160, p. 732,
' •'
\
, a
p.:;';:"AA'.v ■
Dec.
20.
A like amount 'was disbursed on March 10, June 12 and
345,779;:
Russell
estimates which are subject to adjustment.—V.
on
;
to W. G,
RigginS; "Who recently was granted a release from
active military duty after serving for two years; With the Chief of
Ordnance, U. S. Army, Washington, D. C., has resigned from his
position as Treasurer of Phillips Petroleum Co. to engage in. inde¬
pendent business practice,, according to" an announcement made by
Frank.Phillips, Chairman, and K. S. Adams, President./. A; : a- *
B.
F.
Stradley, formerly Secretary and Acting Treasurer of the
company, has been elected to succeed Mr. Riggiiis as Treasurer and ho
will continue in his capacity as Secretary cf the company in addition
to his duties as Treasurer.—V, 160, p. 2078.
A A . Ai.; .Aa-a.""
cr 13
$1,605,655
:
income___*_i;-_;____*^___A__*lA_-fi**
Net
A
27,467
-
deductions
income
A')
New Treasurer—'
$2,263,754
521,214
122,534
$2,272,040
long-term debt.—
Miscellaneous
and
payable,
254,740
$1,955,507
316,533
...
income
Interest
the
property, plant and equipment (less reserves .for depreciation of
m,193.1, $1,701,277; deferred charges; $22,267; total, $7,709,807.
Liabilities-—Accounts
238,026
*
$2,398,272
1,622,809
4,474
200,000
30,
842,651
of debt disct.,
Amort,
demand deposits, $667,562; notes and
accounts receivable
(less reserve for doubtful notes and accounts of
33f,\000i,■ $1,550:355; inventories (at lower of average cost or market 1,
$3,683,586; post-war refunds of excess profits tax (estimated!, $84,760;
'Assets—Cash
708,917
—,_*A*,
excess
Interest on
$2,412,168
13,896
.
1,974,441"
1,899,933
income.
of 202,163
and Hy Byrd, Vice President,
of Panhandle
Eastern Pipe Line Co. expired Nov. 20 and will riot be exercised.
The
price on the shares, in the event of exercise, was set at $50 a share
net to Phillips, and involved an aggregate payment of $10,108,150.
Currently the stock is selling for about $47Va a share.
A/
Phillips acquired the Panhandle stock in March, 1943, paying an
average of $25.81 a share.A"AAAA';.A :;-'A-a'',."A;a'"A;.a:;A ;A-: A.';, a.
Chairman,
Maguire,
1943
1944
,
revenues,..,,,*——_i__—A—' $5,350,629
depreciation——i—2,193,439
,
-a:
The options granted by the company to Sell its holdings
of Panhandle Eastern Pipe Line Co. common stock
Col.
$1,873,660
V
13,335
7,621
30—•
Operating income—
Other
tRestated .to reflect the proportionate
and reserves as determined at the year end.
.
2188,
p.
shares
profits tax—*—_AA——*1—A* A
Other taxes-,-,
——A.'■ A
Federal
post-war refunds of
deducting
,in.,1943.
1
$1.78
excess profits taxes
renegotiation of war contracts.
Federal and State income and
Phillips Petroleum Co.—Options Expire—
whqliy
Maryland,
Operating expenses and
share,—.—$2.01
$2.57
$26,560 in 1944 and $144,260
allocation of taxelsAA'AA
common
per
Operating
Sept.
Federal income taxes—,——.A.
$2,376,390
•35,778
1,233,440
Ended
Co.' of
Subsidiary)
Owned
Months
(& Subs.)
Power Co.
Transmission
Susquehanna
■
Nine
864,851
iriebme taxes
*_
contingencies,—*.***—*-—
for
■
-Earns.
"
962,493
Provision for state
Provision
.."I"'
31,482
income
Gross
•
Gross
credits
Income
"0
$2,445,034
$2,11
'$0.67
.
<A A;A/A
;
Pennsylvania Water &
(Including
1944
tl943
$10,803,909 $11,310,528
7,999,238
8,069.286
expenses-
operations..
from
Profit
.
$1,842,178
warehouse & administrative
.Selling,
(J.
'
provision for adjustment and
160,
$2,898,425
$918,752
•
80.72
estimated
—V,
$310,645
,
$990,715
share
after
1944—9 Mos—1943
1944—3 Mos.—1943
30—
income._1_
*Nct
$630,121
Ean.'S. per
A A
Net income
—V.
week in 1943.—
~; -7 ' " 1', V
•
first nine months of 1944 were 52%
last year, it was announced on NoV. 20
the
corporation. in
and
Statement—
" ';.
by John Ballantyne, President.
r>-\'9
$608,100
;
and expense,
FA
;
,
greater than in the same period
'
.
,
(net)
■,
Shipments of radar and other electronic equipment and war material
-
$632,975'
$612,029 "
2,845
.3,929 F /
.
*—A.*
Balance
: A A'
.
income '
Minority
the corresponding
over
A, A ;■
Philco Corp.—War Output Up—Earnings Higher—
.
••
would be a proportionate gross reduction in apof. $752,047 leaving a cash refund to be made
vo
the Government of $95,574 and loss of post-war tax refund of
$56,400.
On this basis a total of $151,974 representing the cash
refund and loss of post-war tax refund will be charged against the
.reserve
for-contingencies and therefore the reported net; income for
The year 1943 will not be affected."
On ".Oct." 26, 1944, the directors declared a dividend of 25 cents per
share and a special year-encl dividend of 25 cents per share on the
;
common stock, both payable Dec. 1,
1944 to stock oi record Nov. 20,
,
for
Gross'
taxes
income
ilicable
'
,
and' taxes.)—
retirements^—
by--this
there
amount
(his
:
s. 1944
1943
$1,444,045$1,418,606
745,736
718,533
c
86,279
67,097
4.9%,
or
•.
.
'
.
———;
Operating expenses, maintenance'
President, Oct. 31, .said in part: .
''Renegotiation proceedings in respect to the company's 1943 gov-1
eminent contracts, are now substantially, completed and are expected
r.o. result
in a reduction in aggregate prices of $847,622.
Offsetting
;
;
:6,250,000 kwh.,
160,, p. 2188.
Sidney Knowles,
A.
A
30—
earnings
Gross
■
ended Nov.: 18,
week
V.
.%•
/
output of, the company and its subsidiaries for the
1944, amounted to 133,604,000 kwh„ an increase
electric
The
;
,""'
of
,
Reel Co.—Financial
raikei'Sburg Rig: &
Weekly Output—'
.,
.
account is
Pennsylvania State Water Corp. (& Subs.)—Earnings
shaies,-
.
dividends,
Original cost of Pennsylvania Power & Light Co.'S plant,
by the FPC at $144,776,435.—V. 160, p. 1636.
set
*'
;A' '
in,.
The stocks named in the complaint were obtained on Jan. 29, 1944,
it was stated, when the defendants exchanged .6,604 shares of the
corporation's 6^/ cumulative preferred stock for 8,255- common
! rtiis
transaction was cited- as—a—"purchase" within the meaning oi
Uiti Securities .Exchange Act of 1934.- Sales of 38,900 common shares
were made in March, April and May.
VS;+«;/,Va™
The complaint, set forth also that the defendants acted as. trustees,
under an agreement of June 3, 1932, with David A; Schulte as grantoi;,
and that the ownership resulted from this trusteeship.—V. 160, p. 1191.
noil traded."
earnings available. for
will be provided by charges to
by the purchase
by the
issuer of the security." This,
the Act states, is "for the purpose oi
prtvenl.ing unfair use of information which may have been obtained
•>Y
such beneficial owner, director or officer by reason of his rela¬
tionship to the issuer." However,-the-Act exempts from the provision
...securities "acquired in good faith in connection with a debt previously.
of more than 10% of "any registered security
within six months, of that security, are recoverable
owner
Monday, November 27, 1944
FINANCIAL CHRONICLE
THE COMMERCIAL &
2300
p.
.(po-L—
2^—
2079,''
15.357,712
**.-
15,357,712
4,021,490
2,676,372
$.79,820,753 $77,561,184
"
'(Continued
,
011
,
page
.
2334) :
2301
THE, COMMERCIAL & FINANCIAL CHRONICLE
Number 4337
Volume 160
Stock and Bond Sales
DAILY
WEEKLY
-
salaa art disregarded In the day'i range, onleie
NOTICE—Cwh and deferred delivery
New York Stock Exchange
«»
YEARLY
-
they are the only transactions ot the day. No acconnt if taken of inch sales In computing the
range for the year.
Unifed States Government Securities on the New York Stock Exchange
Below
furnish
we
a
daily record of the transactions in Treasury and
decimal point represent
Figures after
week.
Daily Record of C. 8, Bond Prices
Treasury
2Yas, June, 1964-1969
[High
Treasury
*V.., 1947-52
{ctoJJ
2YaS, Dec., 1964-1969
2YaS
—
100.2
■
^
100.2
100.2
1
*
'
—
100.2
X
100.13
100.13
100.13
100.13
100.13
1
9
■
100.13
1967-72——J Low
[Close
—
—
:
■
{High
————}
8%s, 1951-53,.
Holiday
Lo*
Low
[Close
Close
Total sales In $1,000 units.—
units———
Holiday
-
*
(High-
[High
units
Total Bales lb $1,000
Total sales in $1,000 units...;
:
-~
{High
...J Low
(Close
tY*9, 1954-56—
3,. .951-55-—
'
Total.sales in $1,000 units
Total sales In $1,000 units-
{High
(High
2Vis
1956-59—.
{
—
{Close
100.17
Low
100.17
1C10S6
—{Low
2%8» l955-60a——
{ Low
[Close
2Vis, 1952-55.
[High
.
100.17
Total sales in $1,000 units.—:
Total sales In $1,000 units———
5
-
(High
{High
1947—
Sa,
2,4S. 1943-47—
Low
(Olos©
Total sales In $1,000 units.
Total Bales In $1,000 units——
{High
23>.s, 1948-51—
I High
,_J low
(Close
Is, March 1948-50.;
,
—
{Close
Total sales in $1,000 units..
Total sales In3 $1,000 units—
(High
Is, Dec. 1948-50-
{High
'
{ Low
{Close
Low
2%8, 1951-54——
Total sales in
Close
$1,000 units
(High
units——
Total sales in $1,000
-.—-{ Low
Bi, June, 1949-51..
{Hign
[Close
3%,. 1956-59——
Total sales in $1,000 units™
,.
units—
Total sales in $1,000
Is,
Sept.,
{Hign
>%«. 1958-63-
(High
*■
1949-1951——■{ Low
[Close
Total sales in $1,000 units.
-
(Hign
units
Total sales in $1,000
li, Dec., 1949-1951—
j
Low
(Close
—
111.28
[Hign
111.28
-**<, 1960-65
Total sales in $1,000 units——
111.28
units-
Total Bales in $1,000
(High
2s, March, 1950-1952.
-
(High
| Low
(Close
Total sales in $1,000 units—
1 LQ*
1945—
(High
{Close
Total sales in $1,000 units——
2s,
Sept.,
.{ Low
1950-1952—.
(Close
{High
Total sales In $1,000 units.
] Low
1948—
(High
{Close
Total sales In $1,000 units
2s, 1951-1953
[Close
(High
$1,000 units..
(High
_L°W
1951-55
2s.
Close
{ low
{Close
—
Total sales in $1,000 units
Total sales in $1,000 units—
{High
1%«, 1950-52——
—
j LOW
-
Total sales in $1,000 units
{High
100.15
100.13
100.15
100.13
100.15
32
—.
(High
] Low
—
100.13
(High
Low
(Close
—{
1952-1954——.
2s,
{Close
Total sales in" $1,000 units,
Low
——•
—
Total sales in
2s
X
1953-55——
{Close
Low
[Close
Holiday
Total Bales in $1,000 units™.—
Holiday
Total sales In $1,000 units
f High
1%S
1956-58—| Low
$Hs,
—
Total sales in $1,000 units
* ««-«-—-■
$%»» 1952-54
100.2
—
100.2
{High
Total sales In $1,000 units—.
High
«%•,
Nov. 24
Nov. 23
—
———{Low
{Close
1965-70—
8%s,
1946-49..—-—
$%s,
Nov. 22
—
Total sales in $1,000 units—
[High
Total sales In $3,000
'
.
Nov. 21
•
{High
$1,000 units
3%s. 1949-52--—-----------
{High
Low
•[
-
Total sales in $1,000 units
units—..——
1946-56...—|cI«w
Total Bales In
■
(Close
(High
S%.,
'
•
(Close
1<2
Total sales In $1,000
■'
Nov. 20
(High
| Low
-
!
(High
1944-"~
41
Nov. 18
Total sales in $1,000 units,,
$1,000 units———
Total sales In
the New York Stock Exchange during the current
on
■
Nov. 21
Nov. 23
Nov. 22
Nov, 21
Nov. 20
Nov. 38
8. Bond Prices
Dally Record of U.
Home Owners' Loan coupon bonds
32d of a point.
one or more
101.11
[High
—j Low
1948
{Close
I
101.11
Close
101.11
Total, sales in $1,000 units—
Total sales in $1,000 units
3
f High
Home
--■( Low
B%s* 1962-67..—
Owners Loan
{Close
High
Total sales in $1,000 units—.
{High
Low
{Close
1963-1968
l%S,
1 Vis, 1945-1947—
100.5
100.5
Total.sales in $1,000 units.—
100.5
?Oddlot .sales.
60
Total sales In $1,000 units—,—#
Low
Close
iTransaction of registered bond.
NEW YORK STOCK RECORD
LOW AND
Saturday
Nov. 20
*60
61%
61%
61%
*109
110
*57
110
*109
.59
62
62
109
*i08
,
i-
62
109%
Nov. 21
$ per
•
-►
.
EXCHANGE
59
Laboratories—L.—No
Abbott
30
*57'
;
8
8%
*57
60
'
SYa
8
■
8Y4
*57
60
*'8%
8%
59
■
-.i.
■
8%
8%
.
52 V2 Feb
10S%NoV
Abraham &
-
8%
par
3,900
ACF-Brill
Straus-...—.
No par
Motors .Co——-——'—2.50,-
'
*61
64%
*11%
■
11%'
65
64 Ya
.64%.
.
11%
11%
.
65
11%
12
*64
12
66%
.4-
*64%
.
11%
12
200
65%,
12%
3,300
Acme
,
23 V4
:
38%
•
*89
.
6
32
32
*31%
23%
23%
383a
38%
23 Ya
*31%
23%
23%
23%
32
38 V4
<
92
6
6
3134
*23
v
38%
*89
91%
*31%
•
6
38%
38%
91%
*88%
....
92 %
6
6
6%
*31%
'
23 Va
.
■
..
*165
,
6
168%
cr> CO
.
2 Y4
175
170
K"
179
181
181
28%
54%
27%
*86
14%
'•
147
.
2%
mi Jan
Alaska
178
.
Juneau
Gold
Min
—.10
*15%
30%
For
•
90
14%
.
273i
Albany & Susquehanna RR—;
100
Allegheny Corp.—
.......1
330
•
16
30 %
footnotes
90
14%
146
14%
148
*15%
30%
see
2%
11,900
-
30V4
29%
30%
29
29%
17 900
57%
5634
56%
55%
55%
4.100
28
28%
28 %
28%
28 Ya
28%
4,800
-
.
-
'
*86
147
56
27%
2%
56 V4
29:%
00
.
2%
16
30%
page 2311.
*86
*143i
148
*1534
30%
90
15
149
16
31%
*86
*13%
147
1534
31%
90
.
14%
14%
148%
147
15%
32%
*86
...
__
*15%
31%
90
14%
148%
16
32
5 "a °?i
pf A with $30 war.
100
$2.50 prior conv preferred-No par
"
—
—
,
300
2,200
100
6,100
Alghny Lud Stl Corp
Alieg & West Ry 6% gtd
Alien Industries Inc
Allied
Chemical &
Allied Kid Co
anipfl
Mills
no Tnc
No par
100
l
.
Dye
No
par
9
Nova*
124
2
Jan
4
24'A Apr
70
115Ya
Jan
Sep
July
52
41Y*
Jan
57 Ya
~Sep
7%
Jan
13
•
25 Ya
Feb
32% July
14%
Jan
21% Mar
July 15
Sep
C
38%
Jan
48%
Jun
67
Jan
76 Mr
Sep
7% July 13
( 3%
Jan
85
Jan
93
181
,
Nov 21
3
July 14
343A July 14
3
Jan
Nov
35%
3
3
43
Mar 29
23% Jan
108
63% Mar
24% Oct 18
18
3
37
Nov
7
31% Nov
37% May 18
75
Jan 13
5% Apr
12
Highest
I per share
51% Jan
13 Ya July 12
4
6
2%
29%
2%
29%
29 %
52
27%
.
2%
2%
66
3
Address-Mutigr Corp.—
....10
Air Reduction Inc.——....No par
Alabama & Vicksburg Ry
..100
400
"
2%
Jan
31*
'
;
53
8|jj»
5,200
38%
178
•-—#———25
Jun
July
9% Aug
Lowest
f per share
23
60
26% Jan
92
6
Co.—4
114
4,800.
23%-
*88
,
6%
Steel
SVo Aug
21
24
10% Jan 27
,
32
38%
..
38%
*89%
■
Jan
64 Ya Jun
21
Adams' Express 1—:
•—„_i
Adams-Millis Corp——JVe ,Par,
.
'
'
*31%
47
.
v
I per share
share
—.——100,
preferred.
■
'■
Year 1943
Lowest
f per
Par
1,000
Range since January 1
Highest
•
■
;
Shares
109%
*57
Range for Previous
NEW YORK STOCK
the Week
62%
*107Ja
—1-
.
share
62%
$ per share
$ per share
Sales for"
Friday
Nov. 23
I per share
share
62
Nov. 22
108%
S per
STOCKS
Thursday
Wednesday
Nov. 21
J per share
:
HIGH SALE PRICES
Tuesday
Monday
Nov. 18
7Ya -Apr
128% Dec
Jan
5Ya
Jan
Apr
3Y4 July
..
32 Y4
Sep
13
Jan
45%
19
58% July 14
29% July 5
18 Ya
Jan
31% July
Jan
21
86
Nov 17
64
Jan
75
9,Vi Jan
3
7
Jan
.
15% Oct ' 7
29
Aug 15
11%
Jun
152% Oct
141
Apr 26
13% Mar 18
Sep
May
"
5
140%
Jan
16% Feb
5
10%
Jan
1434 May
35 Y4 Mar 27
1«V4
Jftp
37%
165
July
Nov
THE
Monday, November 27, 1944
CHRONICLE
COMMERCIAL & FINANCIAL
Range fer Previous
STOCKS
HIGH SALE TRICES
LOW AND
/
t
5 per
20
22
22
*40
42
*40%
3%
3%
3%
*3%
98%
.98%
*98%
27;
*27
277b-
27
27
79
78%
79
78%'
79%
20
•
20
10%
10%
87%
87%
183 %
*182
37%.
37%
92
92
■■
93
■
25%
128%
128%
13%
13%
18
18
18
'
27%
3%
.
1
>4',
.106
1054a
28%
3%
f
9%
9%
2674
*26%
24
2%
18%
18%
20
18 "a
92
93
92%
93
37
37
*72
72%
72%
6%
*6%
*6%
72%
644
*7%
*7%
48%
18%
107
125%
11%
24%
25
126%
37%
364a
244
51%
45%
45%
17
4.400
$6
4
52%
53%
46
46%
46%
46 %
46
46%
>5,000
11%
1144
11%
13,000
*174
74
,
178
-
.
*174
,
52
*173%
17-8
.
14%
14
147b
74 ;
7344
74%
7374
:
73%
17%'
*17
>>
167a
800
';; 780
Amer
>
3,800
Amer
'
230
16%
I6V2
*16%
16%
16%
16%
1644
3144
31%
31-%
31%
3118
31%
31%
3174
31
39%
39%
40
394 a
39
39%
39%
39%
40
39 %
44%
*44
44
1
1587a
*44%
4444
444 a
.
■/■>■
149"
*147%
149
*147%
148
148
150
■*147 7b
148
148
158
44%
44%
43%
43%
158 '4
158
1587b' 158 7 a
%; 158%
158
V
.
25 %
25%
251
2574
25%
25
25%
25%
25%
17
17
1744
*23%
24%
*23%
47
,
29%
*28%
163 34
163%
*65%
6574
144Va
130%
*129
65%
144%
*119
8
*96%
100
*96%
7%
8
94
100
8
8 4a
95'a
4%
*47%
50%
*47%
a
504 a
277b
501
'
27
27%
27
27%
27%
27%
30
30
30
30
30%
31%
25
*111%
114
*111%
*11%
12%
13%
*11%
3%
3%
3%
*52%
53%
*52%
53%
5%
5%
5%
*11
ill
42%
.
■
9%
-
9%
•17%
.
109%
109
108%
108%
113"
*44
46
*108
110
*108
110'
9%
1744
109%
*109
v.
•
67%
.114
;
.
9%'
*9%
2,600
110
140
*109
6974
101%
4044
39%
3974
101
V
2,400
}
4
101%.
5,300
39
394 a
40%
35
35
35%
35%
357 a
36
357 B
30
1,700
75
75
*733 4
75
200
*73%
*110% 111
14%
14%
56%
*56
61%
60%
*115
.
*17%
,
116%
18
*11048
143e
*56
*61
*7344
75
291'4
294b
111
111
144a
14%
56
111%
14%
15
56%
56
61%
61%
*56
*115%
1154a
nn
*17%
*?|7%
17%
10%
10%
77
75%
5
4%
,
5
•
,
€1%
40
1"%.
*17%
104b
*10 3 8
75
74
43a
474
23%
10%
74
:.-$5
200
23%
23%
23% *24%
884B
24%
24
.
2414
874
8%
14%
1474
15%
15
357b
20,900
12,200
12
11%
12
1244
12%
1244
12%
13
1344
Oct
64b
Jan
12% Aug 21
67%
67%
67%
674 a
87%.
67
24%
24%
25%
24%
24%-
25%
2477
17%
17%
17%
*17%
*50%
8%
160
9
10
151
Nov
conv
Jan
297b May
2774 Mar 16 39% July 20
117b Mar
244a Aug 14
12
49% Sep
Conv
517s
5174
100
574T& preferred—.
Barnsd.oil Oil Co—
17%
18
34 %
34
34%
33%
34
*37%
384a
3814
*107%
108%
%
1574
15%
4.600
1734
177«
1844
18,200
15
33%
33 3
34%
4
1,300
3814
3844
38%
3844
700
108%
*107%
1087A
10874 108%
10
13%
13
35
34
*34
120
120
*118
174b July
1774
Jan
33
Jun
Jan
115
Aug
2174
26% May 17
31% Jun
16
Jan
6
16444 Oct
18
5634 Jan
3
156
13%
34%
120
11%
11%
11%
11%
*11%
114a
14
13%
14%
1444
137b
14%
45%
44%
45%
45%
.
Bath Iron
Jan
Jan
12974
Jan
3
137b Jun 19
674
Jan
12% July
87b Jan
Jan
497b Sep
Jan
121% Aug
577a Jan
139
'
Jun
49
3944 Apr >9
32
28
11574
26
120% July 11
1044 Aug 12
8444 Jan
3
10
6Jb Jan
3
6744 Jan
,
Jan
44
Feb
5374
97b Aug 14
374
21
5
5574
Jau
3%
Nov
Beatrice
427b
Jan
5474 Mar
247b
Nov
317b
Aircraft Corp
RR—
14,700
Beech
*34
35
30
Beech
138
118
100
Beech-Nut
600.
Beltiing-Hemingway--
1274-
13
4 nno
Creek
335b July 17
24
Jan
29 74
24
7
287b July 20
Jan
23% July
Jan
167b
11774 May 26
11174
7
87b
474 Aug 30
174
Nov 17'
112
9% Jan
2
"
42
47b Apr 19
7474 Jan
9
14%
Apr
Jan
34b
Feb
Jan
477b
Sep
3
Jan
67b
22
46
Jan
75
Sep
Jail a 7
49
Jan
84
Dec
467b Jun 28
30
Jun
.
10374 Nov
*19
3
Jan
par
9% Feb
844 Jan
17
.—1
1244 Jan
4
.100
90
Jan
3
.—5
par
3
33
May, 19103% jan 19
par
.100
3
5344 Jan
.100
-25% Jan
.100
Feb
25
1
7
Jan
82
.100
-
3
15'
594b Jun
7
Jan
14
.100
107% Feb
18
—5
11% Jan
3
-50
53% Jan
7
.100
247b
,
5244 Apr,19
par
17% Oct
Nov
6
Nov
100
10
Aircraft
Bendix,
Cqrp—
Aviatkvh— '-IT
—No par
50
2
12
12074 Aug 14
19
3
5% Aug
Apr
,37b Jan
66
■
9% Jan
ISlh Nov
20
Jan
4
68
Nov
1
■
2174 Apr 25
Jan
4
12
43
Jan
24
147b Sep 13
1—1
50
—-
3
1474 Aug
2574 Feb
—No par
20
—No par
10
247'a Nov
60
9
15
May 22
10544 Jun 24
8
774 Jun
31
1044 July.
187b July
24
July ' 5
Aug 21
187b Mar 17
187b Mar 15
18
53
34 % Nov
18
10
111
Oct 11
14% Nov 16
3942 Nov
3574 July 11
Jan
11
12
121
Nov.
10% Jan
3
13
July
10% Apr 25
33 4 2 Jan 13
5
5
:267b Jan
11144 Jun
31
904a July
38
36 74
Oct
Jan
44
68
Oct
287b May
1874 Jan
106
11374
-' Mar
67b
113
57
Jan'
Jun
16
Jan
237b
Sep
6874 July
123
Jan,
77b
274
Sep
1374 May'
Jan
507b Jan
52
Jan
.
May
Jan
Dec
97a Aug
85 74 Aug
Jan
67b
37b Nov
Apr
J
Apr 24
3
5% Jan
3
97 a Jan
18
'•
1
.25
9
8
Jan
19
18% Nov 13
84 % May
677b July
247b Nov
Jun
1344 May. 8
Nov
1084b
Jan
66
574b Oct
62
397b Oct
Jan
5
25
Jan
7
5
par
9
94Vb July
Jan
32% May 17
•
Jun
977b July
Jan
4474
10
Oct
Jan
29
3
174a Oct
Jun
Jun
154b
1001
May 31
38% No v
114
107b
10%
50
717b July 20
102
Nov 10
75
Jan
727b Jan
20
4574 Sep
108% Nov 17
44
Sep
4074
674
7
-
11074 Nov : 1
1444 Mar 31
par
par
—3
May 26
112
.100
28
1374 Jun
Dec
674 Jan
47b Jan
1244 July 10
109
3
8544 Jan
.100
Jan
Apr
Mar.
34
Oct
Jun
57
3
Jan
116
16
C 7b July
5
13
10
24 a Jan
50
Packing;Co—
Apr
26
Jan
20
.—100
Creamery
Apr
744
547b July 26
July. 6
25
100
preferred
•$425
794b July
.
28
.——-13
Bayuk Cigars .. Inc
May
9
> 24% Jan
—25
■
887b Nov
87b July
Jan
64b July
35 5% Apr 18
—No
14674 July
Jan
9544 Nov
16
6574 July
>
37b Jan
24
Nov
99
3
3
—
6374 July
3
7
4374
4
—
15844 July
Jan
July 11
152% July : 6
75,
—No
Works Corp
Jan
12744 Jan
4244
85
—
3274 Aug
July 14
75
.—100
Asphalt Corp-
Barber
Dec
16
Jan
91
30
Nov 14
130
100
& Aroostook
5% preferred
Bangor
Apr
151% Aug
3
—No par
—
Aug
45
14174 Oct
par
—
*5044
17%
Ohiopreferred
4%.
Barker Brothers—
17%
*118
•
80
17%
13%
0%
500
15%
12%
87b
161
Feb
11
Apr 24
10
25
Works v t c.
5,300
51 74
*33%
,
Baldwin^ Loco
1774
15%
Dec
20
—-1
Bel tThe)
327b Mar
477b Apr
..
3574 Jan
Jan
par
57%
51
36
14444
Apr
May
18
Dec
74 Jan
11634 Apr
6% Jan
prior'A-——l——t——
1574
Jan
25
16
100
—.*•
£4%
15%
874
>1274 Jan
15
par
preferred!——
Corp—
Nichols^-
1774
51
15%
69% July
197b
7
—
*1774
25
16% July
Jan
54
July 12
45! b Oct
11
Oct
104b Jan
2244 Jun
par
117b Jun
173
Feb
154
4344 July 10
3
Feb
preferred!—
17%
674 b "67%
,
Aug 14
1844 July 8
33
Nov 13
Jan
pref series A——-
Baltimore &
5,800
121
457b
180
29
preferred——
Aviation Corp of
9,700 '
15%
35
Jan
13
39% May
-14
>.;>>B:'\>>
247-4
1434
13%
164-4
i
15
37%
Oct
5174 Aug 23
Jan
146
25
Corp——
Austin
600
7%
109
4
111
preferred-1—
non-cum
5%
31,000
14%
51
487a
3644 Ja"
147
par
.
4%
8 %
15%
1st
Atlas Tack
">f
23%
163
par
Atlas Powder---—-——-—
230
1774
>474
3
Jan
30
_No
6%
74%
754'4
4%
14
Jan
Oct
444 May
1874
21
13
Constable" Corp——
Atlas
100
117%
61%
117
'
.
2,700
10%
10%
7544
77
4%
*1044
104a
75%
14%
f&0%
*17%
1734
Feb
9
——50
prior preferred-
4%' conv
56%
14%
1544
*11574
*115%
:
40
36
Aug 29
59
13% Feb
Atlantic / Refining!-——
120
,112
5644
61%
61%
117
1254b Nov
Jan
Jan
26 44 Jan
preferred-
preferred
5C,(
4,500
28%
28%
2974
112
'
115%
10%
4%
28%
29%
111
Jan
A
13
2d preferred——
No
Investment Cp ii——■
5% preferred———
——
Atch Topeka & Santa Fe
5c/e preferred..——
—
Atlantic Coast Line, RRA'tl-G & W I SS Lines—.
'13,300
69%
68%
68%
38%
x29%
Jan
x26
3% Aug 10
6
21
7%
110%
35%
75
2074
11674
Aug 22
18% Sep
Assoc
45%
100%
.7.%
€%
120
110
*44
38%
30%
5
75 V4 July
Artloom, Corp—————
Associated Dry. Goods!—
1,800
1744
*109
110
,
Arnold
35%
30 %
15%
30% Jun
274'n Apr
Oct31
38 4b
Jun
2
:
Jan
Feb
12% July
130
447b Feb
,
Oct
47
77b
2544 Oct 21
21
32
par
——
—
Armstrong,Cork Co—-—
11%
39%
*73%
Jan
.
15
18
Sep
,
1274
par
ZlPC.Lead & Smelt—
$6 conv
so
38%
.
Feb
68
66%
22
21% NOV
4
37b Jan
.
20
Co Inc.
—No par
Archer Daniels Midi'd—
.——5
Armour & Co of Illinois—-
1,100
42%
69%
.
29
11544 Feb
A P W Paper
300
V 1,700
100 la
75
Sep
Jun
4
14% Feb
—5
1034 b
a
687
100
644
100%
684a
100% 100 %
>-■'>■'
12%
*100%
46
*108%
Nov,
82%
8044 Jan
Minings
-No- par
Cable—12.50
Anchor Hock Olass Corp—.
—No par
$5 div preferred———
—20
Andes Copper Mining——
300
1744
110
"44
.
*107%. 110
108 4 4
>
■32%
>1.1
974
>744
110
177b May
Anaconda Wire &
23,900
427a
11%
9%
*108%
Nov
23% Nov 13
107% Nov 20
3
—No
Anaconda Copper
570
53%
*112
42%
•17%
46
Jan
774
—No par
$5 nrior conv,
-14,600
,3 3 4
102%
113
*11
39%
Jun
50
7
—
1st
Atner
100
2774
6
103%
x9 %
*44
46
67%
101
42%
13
4
13% Jan
,
3,400
■
534 a
'
'
*44
100%
101
42%
?
474
*3.%
644
5%
109
109
*11%
53 74
17%
•
"
1094a
108%
67 %
53 %
.
10
62Va Jan
Wks .& Elec—.
Preferred
3,700
25
*24
3%
11%
*11
;
3%
108
109%
100%
42%
..
11%
17
17
17
-
3%
5%
74b Feb
Jan
-
9% May
-
111 -
984 a
99
*11
9%
*9%
5%
111
*42
11%'
*•11
*108
42%
53%
5%
98%
110%
*41%
•
2,200
*111% 114
1274
53%
*3»a-
Jan
Jan
17% July.10
preferred——
-No
American Woolen
—
$6
200
,
844
51
*49
31%
114
*114a
12%
•
98%
*98
*110-
*111-%
114
474
5%
79
Jan 19
3
Foundries Inc—
Water
Am
"
277b
25%
*25 44
25%
*24%
114
*24 V
24%
24%
*112
v
31%
31%
99
95
4%
474
3744 Jan
97* Aug 10
.-——10
preferred!—
5%
7,500
8
7%
27%
50%
*48
51
4%
4%
Aug 30
9% July 7
12
10
2
22
American . Viscose Corp——
100
Apr
Jun
Apr 25
Jan
a
46
.—100
7.900
'
407b
Jan
—No
8,500
42%
Jan
35
9
May
-100
Amer Type
120V4
94
9544
1„460
12%
:
99
8
,
'v
Apr
47b
64a Jan
Tobacco-—-—:
-25
Common class. B—
.—100
6% preferred -i:—— -—
4,600
66%
144%
3
—100
Co-
367b
Jan
5
American
7%
98%
95
4%
2,100
42
8
8
95
4%
!
*119%
11974
98%
.
8%
4%
6544
12%
12%
4244
95%
4%
65%
6544
42
119%
8
*97%
ICO
Amer.Telep & Teleg
144%
12%
■
94%
8
8,500
6644
7%
7%
7%
7%
a
Tobacco——
Am. Sumatra
100
;
Feb
27b
Jun
July
Jan
—No par
Refining—
Jun
30
18
12 4o Jan
—No
^
164%
14474
144
119%
*119
.!:• 200
29%
.
Preferred
163%
6544
65%
b
12%
421
41%
42%
120
:
American
American Sugar
784b
14% Feb
—No
Stove Co:
300
900.
•:
•
14444
12%
12%
11%
7%
93%
65 7
65%
144%, 144%
Steel Foundries—.
Amer
26
Vb
May
74
100
American Stores--—,—
8774
Jan
Jan
•
70
,——25
preferred—
6>; non-cum.
80
; 1,800
1304a
*29
65%
6544
65
65%
*65
.
47%
4
*129
2<4a
164
163%
163%
*46 3
130%
*29
29
29
163%
164 %
163%
41%
119%
*130
2'%
12%
*119
47%
130%
4134
41%
24
47
65%
144%
*12
237a
47%
*28%
66
*65%
24%
47%
*129%
130
130
*23%
>
Jan
7
39
5344 Jan
4
——100
——
—
American-Snuff——--
400
24%
24%
24%
47%
47
47
a
Preferred
46
par
._No
CO;
.~No
Ship Building Co——No
Smelting & Ref'g—
May
23
77a Aug 18
18.50
Safety Razor—
Apr
9
5
7644 Oct
Mill———'-5
preferred———100
conv
Jan
5
20
Mar 27
61
No par
—100
^American Seating
4.700
17 %
*16%
16%
17
a
16%
*16%
167
25%
400
16%
31
159
% %
1744
1644
*158 7b
4
American
16%
1
16%
16%
17
*16%
18.000
.•.'>
880
174
29 44 May
Nov
Jun
6 44 Aug
46
Nov
American Rolling
'
73%
,
Preferred
14
13%
10
674, Jan
2244
Dec
444 Jun
Jan
174
,
7
Feb
547 b
Dec
37% July 17
8
.-100
San'y
& Stand
18%
1044b Jun
25% Apr
93
Nov
19
preferred———-—No par
Am Had
175
14 %
14%
14
.
xll%
11%
11%
11%
178
73%
Amer
1174 May
Dec
4274
29
Mar 22
57b Mar 16
102
Jan
3'a Jau
Co————No par
Power & Light
—No par
preferred———No par
85
53 4
11%
,
7,900
52%
.
'
17
2%
244
46
*174
14%
2%
2%
45%
73%
364 a
2%
380
,,.
.Apr
News:
American
36%
36%
10
65
———100
%[ preferred—
52%
36%
37%
360
52%
51%
14
126% 128
a
6
Jan
.
11274 May
67a Jan
11
11
4% Aug 17
.
1164b July
Feb
1374
Sep
Apr
Nov
,
9774 Jan
5344 Jan
27
2474
1874 Jan
Aug 18
393b Mar 31
No pur
Mach & Metais——No pur
Metals Co Ltd———No par
Amer
168
14
10:%Julv
33
Macli
Amer
'•
2 4a
2%
11%
1264
*125
300
1,500
s
25
.25
'
126%
*125
4
457b Jun
80
July
6
Apr 25
Jan 26
59
JLoeomotive—A'o par
preferred —'—a—
Fdv Co
7%
Amer
|
1174
n%
11%
24%
52
178
X20%
21%
20%
11%
24%
800
20.000
2144
Nov >
107
,
15V» Jan 10
preferred-^———50
conv
American
14.300
107%
*105
a
*11%
37%.
73%
107"
5'/c
49
22%
22%
22%
a
11%
274
11%
j.
20%
-19 %
.
221
107
107
100
7%
7%
Jan
59%
15
l7a Oct
»6%non-cum
1.100
1854b July
247b
22
96
7
Ice—-—---——No par
preferred—
100
Amer Internat Corp—-----No par
American Invest Co «£'• 111——l:1
200
Nov
July 14
18% NOV ; 1
14
68
9174 July
Nov
130% Oct
Mar 10
2144 Sep
No par
Aug
9% May
Jan
107
■'
101»a Feb
No par
J
Jan
20
5
American
400
s
8%
*47%
247b
'125
37%
*176
%
105
19%
8
49
*11%
125%
37%
2%
*
.
22%
22%
,
■
*7%
49
*24 %
11% •'
24%
24%
2
107%.
•
18%
19%
,
11%
'227
21%
22%
.
*47%
8
*474a
8%
*47%
200
I
■77-
8%
.
■
1,400
6%
6 44
>75
844
844
>
71%
71%
64 a
76
76
:
:
45
104-4 Jan
-
134
Jan
37a
7174
42 3b
1
23
July
1277b
•
277b July 15
11544 July 24
18
preferred A——
No par
S6 preferred
./
No par
American Hawaiian SS Co-—.—10
American Hide & Leather—. .——1
6% conv preferred^—.—
50
American Home Products
1
1,500
5
47%
72%
*6%
.
844
8%
8%
8%
48%
107%
76
900
45
Nov
8
43 74
97
:
107
244 Mar
Nov
974 Apr
Jan
Jan
18344 Nov
15
10814 Feb
.
Dec
61
444
27 7e
14
July 12
9544 July 13
26
.
Sep
76 44 July
Jan
47
•
,18%
Jan
18
Sep 25
Oct
46
133
Jan
14
8 7b
'<■
19% Jun 27
23
S7 2d
'1,300
.'
46
7144
72%.
'6%
*7%
21%
47
,
544
*5
'
9212
35 3 4
3674
46
76
72%
76
*47%
107%
.
1
8%
8%
*8%
36
5
■
*45
47%
*74
76
*74
5
5%
*91%
3574
9174
preferred!—
$7
1.600
30.600
Jan
4
Inc—1
Lines:
Foreign Power—
Amer &
'
•
91%
-
3644
30
37
19%
19
20 4«
91%
2
American Export
96
19
2%
,
200
14.400
44
2%
95 Va
19%
*95
>
.
96
44
2
96 74
b
95%
37
52
6
69% Nov 13
6874 Jan
No par
23.
;
33% Apr 18
100,.
European Sees
Amer
34
12
170 Va Jan
Co
—10
Sugar——10
6% 1st preferred-.--———..100
Amer Distilling Co stamped—20
American ' Encaustic- Tiling———1
600
Jan
.-3
.
Crystal
j
:
23
May 12
Mar
1
8
82
Chicle————-No pur
American
14
14
-
126 Va Apr
American Colortype
>7 600
3%
974
26%.
18%
*45%
28%
*3%
27
93.-%
46%
28 %
i
160
14,100
10
2%
*45%
105 4-a
934
96%
*5
105%
*26%
27
2%
*36%
400
,2,400
*9%
95%
5%
140
}
18%
864b Jun
84% Oct
14
Pdy—
preferred——
conv
Jan
23 % July
3744 Jan
t—25
Can——-.—
American
5
14 44
4
*3%
Jan
Oct
X67
25
Apr
27b July
317b
110% July 17
Apr 25
-16
2374"iep
'.:
31% Jan
; 58
No par
Co_—
4
May 17
,-73> Jan
——,-100
No par
7% non-cum preferred:_100
Am Chain &. Cable Inc——No par
5 Vc
18
294b
34
28
v
10
5%
128
900
*14
106
106
29%
3%
.
i
128
■
18%
1844
18%
18
1444
*14
1,700
26
Jan
60
Preferred -_a—:
■
109
12844 12874
128%
144s
96 %
26
109
*108
Jan
Corp_——2—1
Bosch
American Car &
4,100
*108
2574
25%
25%.
383
9644
96
1 109
Jan
%
1374
———50
preferred—
-
American
>
770
182 %
377-4
97
17%
12
July,14
42% Nov 13
Amer
.1,700
8874
23% Juir 28
4
26
.*' 5 4.1% -'pr«fefred:>;,:~—loo v
Cable & Radio Corp
—1
■_
22,500
'
;
19
19
Mar 29
Note————-10
Am Brake -Shoe
30
t
,
11
88
6%
1,500
44
1074
181%
96
.
American
4
13174
*131
:
38 %
3%
*26%'
'
8874
38 44
128%
2%
95
:
182
3874
*108
95%
/ 2%
10%
88%
182
157
43,%
114b
11%
28%
*9%
27
*26 7b'
44-74
1314a
87%
1824b-
105%
'
3%
10
*9%:
44%
1,300
69%
15%
131 %
44%
1,900
V;
80
2144
2074
*69
,
Dec
43% July
284a Jan
Agricultural '.C-hemicalpar,-*
American Airlines Inc ————10
Bank
Sep
97
Jau
Jan
Amerada, Petroleum, Corp-— No, par
American
164a
Jan
5
July
118
Jan
26 7a
Apr
2
Amer
4,300
6%
73%
40% July
177a Apr
700
79
■/I.- 7874
'
131
25%
-
'
103
Highest
S per share
share
per
July 10
July 7
5
22
3
105
609
'
-
27%
"27
16
S5%
•
18%
28
3%
27
6944
15%'
11
..
99
21
69%.
15 3 4
87%
128%
13%
>105
105%
105%
20%
20%
182
.
109
*107%
109
*128
78%
38
95
25%
•
*108
*13%
'
37%
37%-
■
25 %•
25%
-182
182
•
08
.
27
69%
130%
42
9944
No par
—
-conv
Alpha Portland
800
3 4a
*40
42
78 44
-44
131%
10%
10%
87%
87%''
*130%
3 Va
27
15%
•43%
43
44
131%
1,600
27
334a Apr 24
preferred^——1^—100
Cem__—;„_No par
Amalgam Leather Co Inc—
1
6% conv preferred—-.—^——50
4%
300
22
79%
'
15%
15%
15%
15%
*43%'
*130%
11,2
3%
*40 '■•
9.9%
,
69 %
69
69
3,800
.
*2l7o
3%
:
20%
20%
*20
69%
377a
3744
:
*11174
144a Jan
—i—100
preferred—
Allis-Chalmers Mfg
5%
22%
27
•
.100
'
98%
98%
99%:
38
112
22
42
>40
42
1,800
Year 1948
$ per share
share
96% Jan
__JVo par
Allied Stores Corp
2044
-
37%
*111%
{ per
Par
Share i
share
20
*1024a 1027a
'*111% 112
22 %
2244
3%
3%
*111% 112
22%
22
112%
'
102% 102%
2044
20
20
102%
37%
37%
37
36%
36%
36%
112
19%
*102
102%
*102%
103
*1027b
19%
•
Lowest
Highest
Lowest
'
t per
$ per share
j per share
share
$ per
share
19%
per share
EXCHANGE "
',
the Week
Nov. 24
Nov. S3
Nov. 23
Nov. 21
Nov. 20
Nov, IS
*19i
Tuesday
Monday
Saturday
Range since January 1
STOCK
NEW YORK
Sales for
Friday
Thursday
Wednesday
6
6
1574 Jan 11
467/b Nov 10
,207b
1074 Jan
37b
6
Jan
574
Jan
3474 Jan
12
Feb
574 Jan
Jan
127b Jan
30
137b
Jan
23Vb
Jan
24%
Jan
105%
Dec
774 Nov
Jan
2574
93
97b
Jan
Dec
97b Nov
33
Nov
Dec
10
,
.
.
Apr
147b
Jan
Apr..
12%
Apr
Dec
6374
2874 July
157b
Sep
47
Sep
19% July
207b Mar
x29
May
3374 July
*110
.147b
Sep
Sep
33% July
114
Aug
ll7/« July
20% Mar
39%
Apr
Volume
AND niGK
LOW
Saturday
'
$ per share
*191/2
v*55'
f per sJ*are
197a
40
19%
55%
193/a
i
57
55
40
$
*19%
40%
*19%
19%
5 4! 8
40%'
'
300
19%
17 "4
17%
61
17'A
61%
128%
17 7a
17%
171%
3,500
6.1%
22 %
46%
46%
*46 7a
22%
22%
22%
221/2
10%
10%
10%
107a
*19%
19%
1974
19% '
18%
18%
18%
*107%
109%
.*108%
109%
*108%
17%
17%
17%
177a
47%
47%
47%
93%
63%
93%
46%
2274
10%
■
-
•
5,900
Bethlehem
47! a
23
1,300
:.
11
10%
19%
*18',4
19
*19%
20
*108'/4
109Va
19
'7
23
"
1,000
:
20
19 Va
1097a
1,200
' 117a
*19!a
19
500
'...'
48
-
23
10%
Y 22%-
,
•
.*19!2
130
477a
47%
48
01%
*129
129
129
128%
par
pfd $2.50 dlv series '38.No par
Best & Co
—.——No par
Best Foods1
—1
I
407a
17%
627a
611/4
128%
No
Loan
177a-
40 Va
17%
62
62
61%
128%
18%
46",i
10%
171%
60%
*128
Indus
Beneficial
'
*127
par
500
6,000
100
■
Pr
—.
177a
47'/4'
47'A
17%
90
109%
16%
17%
47%
47%
47'A
941
94 Va
18
93%
*92
47%
47 7a
*51
511/2
51%
45%
45%
11,200
1.100'
•
Bohn
37% : 38%
5%
43
43
*42%
18%
18%
*42
44
7a
44
*51
18%
187a
18%
51
51
*5 7a
43%
*43,
18%
53
1872
,
53
*51
*5 *
5%
■
'7/7
5%
43
18%
200
43
18%
18%
■■
53
*4878
200
3.300
7
*50 Va '•'■'53:
100
'
"
11
11%
11%
11%
11%
11%
117a
117a
11'a
11'4
36%
36%
36%
36%
36%
37%
36%
37 7a
367a
37
39 34
V 45-%
40
41/4
49
49
'•
19%
20
1
*47%
*48%
47%
48%
51
*48%
2Qi%
19%
47%
51
20%
20%
*46%
*48%
51
20%
*48%
51
20
47% '
47%
47%
*20
20 7a
*44%
47%
22%
22%
22%
22%
22%
22%
22 7a
237a
12
12 V8
12
12%
12%
12%
12%
12%
*44%
.
*47%
50
2.200
7.100
'
'
•
52
Bon
47%
22%
Jan
38
July
15% Jan
20
17
Jun
69'a
Apr
22
110 Vi
Jan
5
27%
Jan
10
Jan
3
25% Aug 30
3
11% NOV
16
Jan
20% July
4
Bond
3.700
.
.
100
1.700
'•
47%
500
18
33!
Jan
26
-1QQ
109% May
8
10
28% Jan
3
34% Jan
3% Jan
3
Inc—
preferred
Boston
No par
——1
—
»The).__——_
Maine RR
&
Roller Bearing Co———5
Airways. Inc—.——2.50
Brewing Corp. of America—15
Bridgeport Brass Co—♦—No par
Briggs Manufacturing—JVo par
Briggs & Stratton
No par;
Bristol-Myer3
Co
————5
Brooklyn Union Gas——-No par
Bower
Braniff
—
—No par
Brown Shoe Co—
45
i
Oct
19% Nov
5
Corp——
—_5
(assented)-100
Stores
Co
12% Jun
Jan
Nov
Nov
51% Oct
26
JVo par
—
-
54
66% July 11
7% Jan
Jan
5
Brass—--,
class A—
8 Via
20 Vi July 15
129
16% Jan
88% Apr
46% Jan
&
Aluminum
Amt Co
Class B
Borg-Warner
39%
5%
38%
"5
21
109
4.100
387a
5%
37%
41% Oct
Xl9% Oct
Boiuen
38%
38
28
14% Mar 14
500
38%
37%
Nov
33% Jan
93% Mar 14
2.700
116
57
—No par
7
34
'
Feb
♦
3474
3474'
115%
54-a
24
4%%
347a
34
24
37 VA Feb
Airplane Co—————5
6% Jan
9
Feb
95
125
*123
10
9%
124
*9%
10 /
10Va
71%
71%.
9%
9%
21
*9%
;■
71%
9%
18%
*123
10%
71%
9%
*20
21
*20%
18 Vi
18%
10%
10 Va
71%
9%
9%
21
*20%
18%
18%
124%
10
40
*39%
39%
*39
*39 V2
40
-
9%
9%
.7
Budd
1.500
Budd
—No par
No par
Mfg-
$5 preferred
840
•;
(E G)
-
par
——
—No
Wheel—
20 !A
Buffalo
18%
Bullard Co—————No par
39 Va
39%
39 '4
40
39%
-
1.300
£
Forge Co
1
*109%
Ill'/a
14
*109%
14
5%
5%
*109%
111%
6
6
39%
*
1097a
111%
14%
14
G
39%
14 Va
111%
13%
14
13%
39%
39%
Jan
9%
Jan
19
Jun
Jan
100
July
11%
Nov
2114 Mar
56% May
41'/a
Jan
85
Nov
38%
Jan
51
July
17
Jan
35
Deo
22%
4
Jan
30
Oct
39
July
26%
Jan
2%
Jan
61a
45
Oct ' .3
28 Vi
Jan
38 %
21% Aug 25
11 VA
Nov
14% Nov
1
53
20
Jan
45
Nov
Oct
31
6%
14
6
•
6
14
8%
Nov
12%
Apr
I
Jan
28
443a Aug 23
20%
Jan
30!a
Jun
39
'
Jan
14
50
33
Jan
44
40'A Jan
4
37%
Jan
July
44 Va May
14% Jan
13
22Vi July
1
9 la
Jan
18 !i
39% Jan
16
47% Nov
24
29%
Jan
13
Jan
42Vi July
20'A July
8% Jan
12% July
4
17'A Jan
&!
a
116
July
5
7
53% Oct 23
5% Jan
■
23Vi Nov
24
13 VA Oct
11
6%
Jan
10!i May
6
126% Oct
18
104%
Jan
118% July
8
18
3
Jan
9% May
43
Nov
54 'A Aug
Nov
10%
6
12 Va
47% Jan
3
75% Oct
7% Apr
19
11% Jun 29
*75
76%
*75
*78
76%
76%
77%
79
80
64%
65
65
66
66%
67%
66
67V4
65 %:
667a
11%
11%
11%
11%
11%
12
11%
127a
12%
127a
30%/;
*30%
.
54
31
*30%
3V»
3 la
3 la
13%
13%
*13%
*30%
3 la
'
Jan
Feb
8
,—-30
—5
28
Butte
400
Byers Co (A M)———No par
12! a Apr
88
*87 7a.
88
10
67!
21%
*21 Va
22
Participating preferred——100
Byron Jackson Co__—-—.-No par
88 V4
21%
21%
21%
26%
26%
26 %
267a
26 Va
57%.
56 Va
56%
57
(
5
88%
*21%
21% /"
26%
21V#
21%
26%
56
88%
26
2674
56
*87%
*56
i
z;
%
:
.
*56
57%
•
'
500
41
Jan
21
21%
Jan
5%
Jan
10% July
20%
Jan
29 Va
26 3 a
4,100
Packing
preferred-——
5%
1
6%
7
1
i
1
1
6%
1
6%
67a
6%
67a'
67a
*19%
19%
19'4
19%
*28 7t
29
28%
29%
*42»%
43
19%
■
1%
.
1
6%
67a
19%
197a
15%
29
x28%
20
29
2%
42%
43%
10%
43
*4274
10%
*43
par
24% Jan
24
% Jan
10%
49
*4772
49
117
731
32
17%
*116!a
.
*48%
9
*48%
■.
50:
117%
5
22%
Jan
30% July
24
52%
Jun
56
28
%
Jan
Zinc-Lead————1
1% Mar
6
6 VA
Dec
9%
*13%
Nov
19%
13%
Jan
27%
17%
17%
57
57
5%
35%
35! a
*147
5%
*5%
*3574
148%
47%
35%
147
*35%
47%
47%
147
4774
47%
34%
34'2
103
127
*102%
148
34%
34%
103
127
.
5%
•
2.400
.
Campbell W & C Fdy_——No par
15% Jan
21% July 10
1.500
19%.
29".
Canada
Dry Ginger Ale—
5
Canada -.Southern Ry Co——-100
23 % Feb
31% Sep
5
33% Jan
43 la Nov
21
29 Va
Jan
38
Ry————25
8% Jan
12% July 12
6%
Feb
51% July 14
10
July 6
50! a July 27
36VA
Jan
11% May
47% July
4%
Jan
Hecla Cons Copper—5
&
43 '•
43
1C4
10
10 Va
7.700
48 V4
300
Cannon
9»4
200
Capital .Administration
102%
170
7
32%
:
*
18
5%
357a
*35%
47%
47%
47%
34%
6
7Vi July
M^y
3.800
1.200
18 Va
18%
18
18%
18%
18%
18%.
18%
207a
20%
20%
20%
20%
20%
20
Vi
20%
197a
4%
474
4%
4
%
4%
4V4
111%
111%
111%
1074
*1117a
„
111%
i
1074
10%
10%
10%
10%
*10%
*18%
107a.
25%
*25%
25%
25%
25%
*2534
26
*10%
1174
11%
11 %
11%
11%
11%
31%
."•'7
31%
317a
7 %
'
7
124
1237a
'/a
127
31%
v
31
31%
7%
7
7
■774.
■
131
19%
19%
19!
*19 7B
19%
2
19%
.
287a
28%
*113
114
114
X28%
*28 7a
114.
*113
■
*3974
39%
12%
12 "4
47%
47%
*6%
67a
39%
13%
47%
0%
14
*13%
*12%
47%
•
39%
6%
14
13%
40 %
*39 Va
*12%
13%
13'4
47%
47%
48
6%
6%
6%
147a
14%
*39%
6
Va
14
14
*5%
5%
57a
5%
57a
237a
28%
237a
237a
23%
23%
4974
49%
7
47%
16
2,200
25,000
197a
19%
19%
19%
197a
800
*49
49%
*48%
49 !4
7*48%
'49%
100
56%
*56 7a
56 %
16
*14%
16
27%
?«
88%
*26 7a
27%
27%
88%
89
90%
89 74
907a
88•%
20%
20%
20%
20%
207a
20%
207a
207a
*25%
26%
267a
26%
267a
26
26%
28
*26%
957a
10
*95
10
*46
7a
957a
*46
*95
10%
10
10%
10
47%
10%
487a
*26
*27
4674
467a
467a
7a
957a
95%
*155
180
*164
180
*155
180
*164
*84
86
*84
86
"84
8G
112%
*42
'•
*111
42%
*106 7a
*93 7a
*5274
*106 7a
95
36
*148%
151
*135 "4
*53%
34%
36%
*
36%
*148 7a
1507a
*136
1367a
10672
*93 7a
56
34%
*111
*42
95
*53 7a
34
36
41
10774
*93 7a
56
33%
7 1127a
41
10774
136 Va
34%
36%
*149
136%
112
64
64
64 3A
29
29%
347a
34%
*115
18
*18
33%
732 "4
4
*114
'
33%
118
17%
17%
19%
■
*18 7a
19%
18%
*18
*16 7a
*33%
118
*17 "4
^
*18 7a
18%
17 74
*16%
18
33%
34
33%
*32%
4%
4
33%
34
47a
107
107
34
34%
117
*114%
17%
18
17 34
*18%
1834
337a
,*32%
4
19%
19
33%
x32 7a
327»
34
*32
33%
47a
9174
917a
92
92
92
83%
83%
827a
83
page
2311.
4
9174
*82
■1
*7'
•***«»'
40
Chicago Great West RR Co
.—50
5
preferred
50
Chicago & Northwest'n wi—No par
5% preferred wi
100
Chicago Mail Order Co„—— —5
No par
♦No par
Pr pf ($2.50) cum div—No par
Chicago Yellow Cab—.
No par
Chickaslja Cotton Oil———10
Chicago Pneumat Tool
S3 conv preferred
tChilds
Chile
Co.
.«/♦—25
-5
Co_
Copper
Chrysler
No par
—
Corp—
No par
City Investing Co new__—-No par
5%% preferred
—-100
'City Stores
——5
Clark Equipment..—
—No par
C. 0. C. & St Louis Ry. Co.—-100
5% preferred
—_—-100
Clev: El Ilium $4.50 pfd—No par
Clev Graph Bronze Co (The)—a.-l ■
5% preferred
—
-100
^lty
Ice & Fuel—
40
700'
70
RR Co 1%
gtd—a-50
i
Clev
4% stock———50
Climax Molybdenum—
No par
Cluett Peabody & Co
No par
&
Pitts
35
v*
Special
35%
6,000
367a
2,000
;
36%
151
GO
'
200
64 Va
22
15
3
Jan
18%
Jun
19
28% Nov
1
13
Jan
25
Dec
15
11! a Sep
8
3
Jan
30% Feb
15
37 '/a Jan
4
*33
Jan
4% Apr
19
9
Jun
27
Jan
7%
l
134
NOV
21
32 Va
Jan
72%
Oct
16%
Nov
19%
Aifr
57
May
17% Apr
13
Mar 20
64
'24
: 29
34
*114%
17%
*19
18%
,
1,10Q
107
*10672
230
34
4
92
82%
*16%
32%
*32
4
Coca-Com
600
Class
41
Apr
Jun
Mar
Collins &
5%
177«
1,200
19 Va
10
18%
620
Colo
&
19
9% Mar 25
2%
Jan
9% May
3
18% Mar 25
7%
Jan
17 Va May
4 % Jan
3
7% Mar 22
2 la
Jan
Jan
4
25% Mar 22
10%
Jan
7% May
21% Jun
21V'2 Apr 25
43% Sep 14
29% July 12
18
■
65 la
July 13
20
Oct
15% Feb
24
Jan
16%
Dec
16'/a Jan
3
21% July 12
15 Va
Jan
22
Apr
38% Jan
7
49% Nov
10
36%
Nov
41 Va May
47
Jan
6
57
Nov
9
48
Deo
54
13
Jan
4
11 Va
Jan
15%
Apr
4
19 Vi July 10
17 Va Jun 23
13%
Jan
18
Jun
3
6% Oct 25
Deo
14% May
1% Jan
30
24
May 29
7
77% Feb
14% Jan
NOV
Jan
76
Jan
6
37 Va Apr
20
106
92
15% Aug
Oct
10
9
Jun
22
Jun
5
900
33%
35,000
28%
Jan
12
101V*
Jan
108%
Dec
84
Jan
92%
Sep
50
Feb
54
38 Va Mat 15
33 Va
Nov
48 Va Mar
33%
Jan
40
152
July 12
July 11
142
May
153
Sep
146 Va
July 11
88
Jan
123
July
61
Dec
Jan
Aug 11
53% Oct 17
-
39 %
92
92
82% '
130
nreferred
Oct
25
Dec
16 Va
Jan
7
*103 Va
Dec
109 % Jul*
38
Sep
1
11412 Oct 27
17%
Jan
28% July
20% July 10
13%
Nov
19% July
11% JaD
19
3
23% May 27
2li
Jan
19
12 V2 Jan
4
24% May 27
3%
Jan
JaD
4
23
3
Jan
17%
Sep
Sep
Jan
26%
Dec
:
2nd
Elec_...
series
preferred..
108 % Jud
68%
23
non-cum" 1st
5%
2
1
30% Oct 27
29
non-cum
1,300
82%
67 V 2 Jun
Sep
July
14% Apr
Southern—
Gas &
Dec
Jun
25% Apr
44,
Coiumma
74%
116% Aug
42% Dec
109% Feb
—
-
4
Jun
—100
44
18
Feb
8%
39 Vi July
145
—No par
.
preferred—.100
preferred—100
Columbia Br'd Sys Inc cl A
2.50
Class B„
..'
2 50
&
67
Jan
Nov
Mar
Jan
96
26
100
Colorado
2%
32 Va
123
109 Va
59% July 17
23VaJan
6
103% Mar
1
2
109
18
Feb
85% July
10% Jan
,
3
45 Vi Jun 19
20
Feb
Jan
90
52 Va Mar 22
-3
Jan
67%
115 Va Jan
May 27
16
34 V a Apr
24%
185
Jun
30% May
5
3
10% Jan
3
Nov
May
19
July
48% Nov
7
110
,
96% Oct 26
9
17
148
;
3% May
32 Va Apr
30
:6% Jan ,12
35% Feb
6
21
25 la
25% Nov 16
95
July
98 Va Jun
5
111
preferred—
Iron
Dec
Corp„—_No par
Alkman—
conv
Fuel
33%
6.
July
14
145
No par
—
—
18
Apr
No pat
(The)
Co
A
Colgate-Palmolive-Peet_
No par
$4.25 preferred
——No par
118
32%
3
8% Nov
5% Sep
41% Jan
——100
Prefei^ed
380
137
gtd
•
177a
83%
see
19
19
*16 7a
91%
For footnotes
17%
18%
83%
_
'
34 Va
18 34
8 VA Apr
'
118
19
'
•'
151
6474
337a
A
95
*135 7s
29%
*1143A
*17
1
36%
107
41%
ClftSS
*53 Va : 56
64
107
Vi
7*93%
29%
.
■
41
Aug
20% Apr
,7!i Jan
,
137
29%
i
'
151
63 "4
90
500
:
>■'
35%
*135 7a
V; 180
*10674-, 108
56
*150
29%
10?
36 34
36%
50
1,400
45 %
.
95
137
297a
*106
357a
'■
151
64
107
*53 7a
35%
*29
106
*93%
95 V2
*111 % 112
42
64)
■
974 7 9%
7*85
86
500
220
*155
112
56
*63 7a
.'
70
8,300
27
24514
1067a 1067a
95
89
*95 Va
10%
42
-27 "A
267a
46%
180
*111
42%
107%
100
3,600
*20 7a : 20%
957a
86
*111
15%
5%
5
5 Va
4%
260
16
*15%
*15Vk;.16
88%
*95 7a
3,000
500
4%
Jun
3% Mar
July
15,400
15%
23%
111
50
19 Va
4%
Jan
Jan
5%
57
Jan
1%, Jan
48
1,500
Chain Belt Co———
2,100
29%.
'
16%
97%
15
Sep
Apr
July
44
11,700
237a
*56 VA'
21
13% Aug 23
5%
*14%
14%
18
23%
16
No par
Sep
120%
Jan
Nov
Feb
200
6%
57
100
6% prior preferred
114
31
Feb
8Vi
16 Va
23
Apr 20
2% Jan 13
Jan
96 Va
2
5
July 11
4% July 5
19 Vi
107
% July
11
1
5 %
87%
*267*
/
50%
15%
19
July
1974
4% ;
3
24
50%
15%
Jan
34.
19
4%
17
109
29%
*15 7a
——.—^-20
Central Aguirre Assoc———No par
Central»Foundry Co—
.1
Central 111 Lt 4%% preferred—100
Jun
Jan
50%
4%
15% Jun 27
»—
40%
22
129% Nov
—
Jan
Jan
23%
567a
96% Jun
Dec
26%
24
Jan
5%
*15
40Va Jan
54 Va July
8%
19
*56 7a
24
Nov
99%
29
*14%
31% Apr
Dec
40
July 10
46% July 10
5074
16
54*
114% July 13
19
56%
12
4
29%
*56 %
44 Vi Jan
Apr
4
50%
*14%
May 13
5%
39%
147
3
29
49%
143% July 12
Jan
27% Jan
200
497b
49
Dec
Jan
3 Va
Jan
*18 7a
49
32 Va
127%
Jan
19
19%
16
23
50
19%
Mar
108
28%
197a
39
151
preferred —
.——100
Checker Cab Mfg—
5
Chesapeake Corp of Va,———5
Chesapeake & Ohio Ry
25
Chic & East 111 RR Co——No par
49%
19%
19
Champion Pap & Fib Co—-No par
14%
-
Apr
30
.
48
674
33
1,100
;
13'4
2
17
Dec
24
5% Oct
103% Nov
Co.
31% May
18% Nov
2
Violeta Sugar
Jan
25 V*
58 % Nov
3
fCent RR of New Jersey——100
97 Va
6
9
preferred
9% Apr
46% July
Jan
4
Jan
5%
Jan
Jan
Jan
—
Dec
*85
4,
11
preferred-
Corp———
Aur
Mar
20% July 20
30% Oct 18
900
29
19
47a
/'■
237a
5%.
23%
Amer
18% Oct 27
5612 Nov
113
3,200
39%
*13
"
*18%
*15 7a
197a
*14
.
4,400
20.800
7
29
*477*'
,
1.
No par
Nn par
97:
Apr
40
,
—100
No par
2d
1%
Celotex
1.10O
*18%
28%
*19%
v
40!4
——-—100
——
Century Ribbon Mills—.——No par
Cerro de Pasco Copper—
No par
Certain-teed Products——7-.——1
114
39! 2
1374
47%
•
19
Central
30
>11374
'
Oct
600
129
29
29 >4
114
114
200
.
31%
:
19%
19%
19%
28%
■
28 7a
114
33
400
'
*28
6
117a
128
131%
3.600
:
10%
31 Va
V
31%
30%
'
7%
134
130
27% Juil
26
.
*1114
'
7%
1317a;
4,300
4%
112
*10%
•
610
20%
*2534
11%
2.100
14
*111'%
*25
18
$4.75 1st preferred——No par
120
"'
18%,
13%
112
Nov
25
Ceianese Corp of
35%
13 Va
112
117
Co
Caterpillar Tractor
127%
1
112
I)
1.300
103%
.
(J
Preferred
110
35
13
47«.
4
Case
1277a
12%
/
Jan
Ry—100
Ohio
800
-
47 !4
12%
4% /' 474
4
600
103%
13%
19
3,200
128
13%
6% Feb
43'A Jan
Steel Co
Carpenter
148%
47
1214
13%
42% Apr
■1.900
103%
103
*127
&
par
A—1
10
5:
Carrier Corp
——_——10
4/2% preferred
50
Carriers=& General Corp
7—1
36
148%
34%
34%
103
Clinch
Carolina
class
—
5%
58
5%
148%
——No
Mills—
preferred A_
187a
18'4
57 %
147 Va
$3
58%
18
*5%
.
500
32
35%
5%
80
Pacific
Canadian
60
117
117"
57%
,
577a
52
32
*50
.
117!4
*31%
128%
*127
."*9
50
*117
18
48%
9%
50
116%
36
49
J
a
*9
148%
34%
'
103
129
128
*48!
50
32
17%
*57
49
Mar
Calumet
43%
107a
,
9%
32
17%
5%
#9
116%
32
*31
.
*48%
57
*56%
.■:?
49
9
49
117
10%
*47 7a
,
9
.78%
,
10
25Va May
Nov
57
4
"
10
Apr
Jan
l!i Jun
30% July
3
53% Feb
July
16
1
18 'A
83 Va
Callahan
1
-
Sep
Apr
Jan
Nov
3.900
6 Va
287a
25
5%
9 Va
17
18
Jan
Oct
Nov
3.500
1'
7 19
Oct
•
'
1
93
50
—No
California
60
57
3
49
65 Va
8
16% July 10
is
Jan
Apr
20
Jan
22
3% July
2% Apr 25
2
Vi July
Nov
80
'
*87%
35
12% July 12
31 % Nov
3
4
preferred—
& Zinc
6% May
75
May
.
Apr
18% July
Vi Apr
29
67% NOV
6
Copper
Jan
6% July
25
8% Jan
300
88%
3
43% Apr
1.300
conv
Jun
2%
30
3 Va
307a:
15%
15% Jun
13%
•'
..
Jan
3
3%
307a
3%
Oct
9'A
12% Jan
13%
307a
37a
May
105
9
14
30%
31 Va
109 Vi
110 Va Mar
*87%
'
■
3 Va
14
Jan
17
5 %
14
25
—10
;—
Bldg
Jan
20! 2
22
Apr
*13%
30%
3Va
14
27% Jan
preferred—100
preferred
24%
41% July IT
39% Nov 13
——100
6 7o
Bush Term
Butler Bros-
Nov
May 12
Jan
170
Jan
16
20% Feb 24
4
1.370
14%
4
19
Terminal—————1
9,400
7'
Oct 20
Jan
Bush
80
6%
16% Sep
1,000
7
6
\
"
July
4
17.
Jun
3
4
Jan
Jan
3.300
Vi
5%
Dec
27
preferred——
Burroughs Adding Mach—No par
ilO'a
7109%
Apr
7
31
Burlington Mills Corp
96'A July
3
107
Bulova Watch—
19% July
9
.....
12% Jan
—1
100
; 200
2.800
Jun
40% Feb
——.No par
7;
7
Dec
19% Mar
11%
417« July 17
7V4 July 3
'
39%
39
40
37% Jan
par
18%
1834
*39%
40
7.100
107a.
72
*20
"
*39
Bucym-Erie Co————
—5
7 fo preferred———100
60
126
71%
20%
18%
18%
No
Bruns-Balke-Collender.—
7,500
<
13
'
124%
125
10
71%
*20%
*124
70%
-'A;:
71%
1
124
4.600
23 74
*;■
■
12"a
121% July
76
55Vi Sep 29
48
Sep 21
117
Oct
6
34% Nov 18
3
*>ep
7 '
52% Jim 27
1
4
17%
13 %
5
11
'
■'. 23
she re
56% Jan
4
Boeing
Highest
t per
53% Apr 21
2
Bloomingdale Brothers
share
13% Mar
6
56'A Jan
Bliss & Laughlin Inc.-,-,———5
$ per
Sep
115% Feb
70
700.
V
*115 7a
34%
/
116
527 % 52%
*45% ;:46
34%
116%
33%
5%
46
116%
%115i/2
34%
*5
45%
.
140
%
116%
34%
*
45%
/
*11572
*115%
•
94%
■: 52
*51
52
*51
52
v
45
451/4:
*93
20 Vi
4
No par
Steel. (Del)—
'
••'92%
Jan
17
Lowest
t per share
share
preferred...
—
____100
Bigelow-Sanf Carp Inc.—No par
Black & Decker Mfg Co——No par
Blaw-Knox Co.
No par
1%
•
17%
$ per
Blumenthal & Co preferred—100
19 7a
*108%
Year 1043
Lowest
EXCHANGE
Shares
*53% : 55
40%
40%
Range for Previon*
Range since January 1
Highest
STOCK
YORK
NEW
the Week
per share
5
19*8
.' 54 7a'
19%
55%
Nov. 24
$ per share
$ per share
per share
*54%
41
*39%
Nov. 23
Nov. 22
Sales for
Friday
Thursday
Wednesday
Nov, 21
Nov. 20
STOCKS
SALE PRICES
Tuesday
Monday
Nov. 1H
2303
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4337
160
A,.
r
13
26 V4 Jan
25% Jan
May 26
108
Jan
114%
19%
Oct
Sep
4
34% Nov 14
15%
4
34% NOV 16
15%
Jan
26%
Der
6
1%
Jan
5V4
Jun
40%
Jan
77%
Sep
37
Jan
73
Oct
25
5 V4 Mar
—No par
4
Apr
100
76
Jan
3
93
Nov 13
10*
70
Feb
7
84
Oct
18
AND
LOW
1*
NOV.
$
t per snare
20 %
*
107%
15%
%
13
90%
91%
*28Va
■
107%
*107 y«
107%
*107'A
42%
42%
41%
42%
41%
42 VA
15 %
15%
15%
15%
15'A
15%
'4
1;!
%
%
II
91%
92%
92 %
92%
91%
92%:
28%
7,500,
21
21
9B%
,
20 y4
20%
24%'
25 Ve
25'/a
*25 Va
25 Va
OQ
29
29%
29%
29%
29 Va
99,
99%;
98'/a
99'A
98%
98%
3%
3%
3%;
24'A
24 y8
107%
5%
5%
5%
*562
5%
29%
29%
'
28%
-
*11%
28%
28%
107'/a
28%
12
3,500
900'
;
11%
11%
11%
11%
29%
30
30
30%
30
30'A
30
30V a
30 VB
30%
16%
16%
16%
16%
16%
16%
16V4
16 Va
24
24 %
18
24
24
24
24 y8
16%
17%
17%
is y4
17%
18Va
18%
18
18%
18%
18%
18%'
19% %
17%.
18%
51%
51%
*51
52
52
52
110 %
110%
17
•
''17%
*-
;
'
37%
110%
110%
27%
.
7%
108%
38'%
38%
38
10%
48%
49
77A
8
10% 5
10%
10%
10%
10%
10%
49%
48 %
49
48%
49
48%
49%
7%
7%
7%
8
7%
8
7%
28%
28%
28%
28.
28%
29
29
29 y4
29 y4
*28%
15%
15%
*15
15%
15%
46%
46
*46
46
4.6
*11%
50
53%
53%
53%
60%
60%
*3%
26%
109%
109%
23%
23%
27%
27%
*6
6 Va
6 Va
3%
3%
3%
3%
26%
26%
109%
109%
180
::
6
6
3%
3%
3'/a
;y
•
■
v
26
109%
27
49
*47%
20%
20%
20%
V
*47%
'
•
24
23%
23%
27%
27%
27%
27%
36
36%
36
36
48%
200
*48
49
20%
20%
49'/8
48%
48%
20%
■:20%
20%
20%
20%
103%
103%
103%
36%
37'/«
84%
84%
:
r
103%
104°
103%
103%
*103%
36 Vb
36%
36%
36%
81%
81%
81%
83
83
24%
25
24%
15%
15%
'
*141
25 V4
26
27%
27%
'*54%
55
*54%
13
24%
13
>15%
12%
25
■
*22%"
15 Ve¬
15%
39%
39%
39%
-
2/4 %
12%
13
*22'%
25
15%
15 y8
34%"
21%
21 Va
21%
30
30%
30 %
7%
7%
20%
20%
20%
84
25%
24%
24%
24%
15%
15%
15%
,
9'/a
109%"
8%
*123%
109%
124'%. V.
55
13
40%
31%
7%
20%
*62 'A
/
7%
32 %
*31%
32%
*31%
*62%
*317/a
16
16
16
15%
34%
34%
34%
104%
*103
103%
103%
103%
17%
*17
17%
>17
17%
*103%
*17 Va
-
47 Va
*47%
49
*48
49%
48
42
42
42
42
42 Va
42
22
22 Va
21%
65
65 Va
64%
22
22
65
65
65
123'A
122
123***
112%
112%
112
112
45 '•>'
45%
45'A
48%
47
12%
i3y«
■13
13
13'/a
13%
12Tb
17
*10%
154*8 155%
17
155 Va
126
126
114
114
;
•
13
36
126
15%
155
155 Va
126
126
114%
114
114%
>13
166 Va
13
13
114
36%
36%
37
15%
167%
15%
15%
167%
188
*185
187
48%
49%
*49
49%
*21 Va
21%
*21 Va
21%
11
11%
10%
11%
*42%
43
42%
42%
12%
13
168
*185
c"
36%
210
16 Va
21%
*21%
22
12
11%
3%
3%
3%
3%
3%
3%
42%
5%
'12%
.
92%
92%
93
93 %
93%
95%
85 %
85'A
86
86
86%
*44'A
44 Va
44
44'A
*33%
34
A
19 %
34
.
18%
19%
68 Va
*67%
68'A
106%
*104'%
106%
14%
1414
14
*44
34
19 Va
68'/a
*105
14%
<•
5%
V'3%
•
V
88
Jan
1%
11% Aug 31
140
56
Nov.'
127
9 %
Sep
Apr
24'/2 Mar
96
Feb
119%
Nov
15%
7
Jan
26%
Jun
3% Jsn
7%
19
Mtur
19
Jun
116
Jun
Deere
No
Co
&
110 V2 Nov
1
Decca Recbrds Inc
Preferred
12
41% Oct
5
10
26
Jan
29
Jan
36
12
17'% Jan 17
.50
,
20
22% July
3
3
37
18'% Jan
.100
Oct
A3
17% Jan
5% Jail
—10
,'.108% Jan
3
45% Jun 27
36% Oct
3
36% Apr 18
32'A Apr 18
—20
—
Deisei-Wemmer-Gilbert
Delaware & Hudson
18
20.
113% Apr
6
21% Jan
.
par
Nov
Dec
45Va
Deo
14% Nov
27% July 17
28
116
Jan
5%
Oct
7% May
Jan
17
10
114% May 20
107
30%' Jan
July 11
Sep
1
10
12
Jan
24% Sep
July
■
Va July
20% May
Jan
17%
3%
Jan
16%
1
Jan.
8%
5
July 10
9% Mar 22
21% Nov
'
Jan
40
Dec
10% May
22% July
.
Mar
52
Feb
3
65
Oct
18
Devoe & Raynolds
29 Y* Jan
5
41% Oct
7
17% Jan
Oct
9
26
Jan
33% Mar
1
5
37
Jan
42'A
8%
Jan
17
9
21%
Jan
35%
3
83%
Jan
Jan
6%
partic
No par
A—
'
Nov
May
2
13'AJan
11
No par
.......100
No par
X27% Feb
29
Apr
15'A Jan
14
3
20% Sep 20
10
Co
Cup
—
A
43% Jan'
5
49
22
38%
Feb
45
July
-No par
33 }A Jan
4
45% July 10
22%
Feb
34
Dec
21'% May 12
47
May 13
114% Apr 26
27% July 12
15%
Jan
25%. Sep
72% Nov
44
Nov
131
73% May
153
May
No par
106% Jan
7
113
28 'A Jan
7
—i
8 'A Apr
19
14% Nov.
11% Feb
137
Feb
11
7
17% Jun
28
162% Jun 19
123% Jun
6
Nov
18
Doehler Die Casting Co
95
No par
Dome Mines Ltd
No par
-No par
$4 preferred series A
Dresser Industries
International
No par
Corp
(EI) & Co....20
No par
Du P de Nemours
$4.50
42 . Sep
17% July
36% May
Apr
35 Va July
1
preferred
Class
33
8
38'A Mar 31
——25
48%
-—No par
Corp-Seagr's Ltd
Dixie
28% Jun
—No par
preferred
Diamond T Motor Car Co
preferred
Duquesne Light 5 A
1st pfd
,
114
100
«
"
188
-
......
•-
,
44%
34%
mm—
■
■
'■
_
__
,
j.i
14'A
5,100
Electric
5%
1,100
Elec & Mus Ind
3%
9,000
Electric Power & Light
94%
3,500
$7 preferred
87'A
2.000
$P
*44
:
.
•
12%
93%
1
.
1,300
3%
'
-
...
•; :ii,800
5%
..
—
44%
400
Electric
Storage Battery
34%
400
El Paso
19 'A
6.700
68 V4
68'A
300
.*105 Vs
106 Va
14%
14%
18%
*
14%
13.500
103
103
103
103
*102%
103
102%
102%
170
102%
102%
102%
103%
102%
102%
*102%
103%
102%
103'/a
450
105V2
103%
103%
103%
103%
l'/a
1 Va
*103
1%
1
1
103'A
1 Va
*1
*1
-
120
103%
■
500
TVs
"
11%
11%
61
footnotes
11%
11 Va
*11%
11'A
11%
11%
60%
60%
60%
see
page
11%
11%
61
11%
"
!
A
11%
%
11%
61%
61%
11
'-11%"
'
—
__
V"
11
11%:i/n%
>"!6iiV 062
1.400
j
14.500
2.400
'
$5
lohnson
Public
preferred
$6 preferred
tEquitable Office
Ctfs
6^
of
par
4
50
Service
Bldg
common
benef
par
par
—100
preferred
RR
par
3
Corp
$5%
Erie
No
No
No
No
Mfg Co
preferred
Engineers
t41
104% Nov
Nov
Jan
2
100
Oct
Dec
16% July
122% NOV
5
Dec
107%
Dec
Jan
35%
Jun
5%
Jan
10%
Dec
9
Jan
13%
Apr
134
Jan
128% Mar 24
124
Dec,
159% July
130 - Aug
120% Jan
115%
Deo
121%
Sep
11%
Dec
Aug 30
48% Nov 21
1106%
16
9
2Q»
Int
prpf series A
,4
No
No
No
No
par
No
par
par
par
par
Feb- 7
Jan 24
Jan
3
171
195
>
3% Nov 17
81% Apr 25
78
Apr 24
39 V4 Apr 28
27% Feb
7
15
57%
101%
8%
87
89
92%
.
%
9Va
Sep 13
Jan 25
Jan 19
Jan
3
Jan
Jan
3
3
Jan TO
Apr 25
No par
Jan
9 % Jan
4
3
100
46% Jan
3
6
50
Oct
2
Jun
•
,10
Apr 18
; 3% Jan
4
July
40% July 14.
18
I
10% Nov 20
37% Jan
4
.
14 Va
'
3.
.16% May
Am shares
Emerson Electric
Endicoti
157
175
.
-2 :
—1
5;
3
Apr 25
0Va Jan
.
Boat
preferred
4%
103 %
105%
;
Natural Gas
34%
19%
14%
>Edlrfoi) Pros Store® Inc.
:,!Elastic Stop Nut Co
lElectrlc Auto-Lite (The)—
11%
4314
12%
..
—..
68%
106%
,
11 Va
...
*105 Va
,
1,500
100
33
i
preferred
43
87%
106%
22%
>22
,
-
^««'40VS.
*34
49%
49%
.
—
42%-;.-'n.
*44'/a
19%
"
■
.
cum
10% Feb 28
'
10
—
——100
lEatdn Manufacturing Co..—..—4
6%
87
....
.
08%—.
34
*68
..
XiSfiu'A—ill I'
44%
19%
170'A
185
94%
87%
68%
-
■
V Eagle-Picher Lead Co
Eastern Airlines Inc.—
1,700
2,200 V .Eastern'-Stainless steel Corp—5
1,200 i Eastman Kodak Co——No par
170
.
,,v
1,400
13
163i
103'A
iRVir
IOO
7% Nov
36 Vs
—
12
43 Va
12%
11%
Jun
109% Nov 13
19 'A Nov
13
—
188
11%
*5%
*33
—
170
42%
12%
60%
26 Va
6
16 = 8
-
1&V2
170
21%
5%
11%
Jan
9
36%
.
:
50
12%
*1
18
Jan
Dunhlll
700
13
*49%
5%
*105
Ovt
1
Jan.
Duplan
5,600
36%
50
xl2%
14 Va
25%
29 'A Sep
Apr 25
Apr 24
21 Va Apr
Dec
22% Aug
Jan
4% Jun
par
Jun
115%
10'%
14% Jun
100
14 Va
Feb
17
100
126%
49%
8
18%
41
Jan
105
29% Mar 15
5% Aug 25
97
7%
12
Jan
12.
2.800
13%
*185
"
188
5=
*67%
48%
114
*12%
-•
15%
169%
5%,
*105
4
38
July
82% luly
Nov
9%
10% Oct
Dow Chemical Co
7,200
155%
*125%
Jan
101
Corp
Douglar Aircraft
500
17
155
13'/a
-36%
A
15%
166 Va
*185
17
.17
126
*ti4
•-<
%
*16'A
27'A Deo
'
eL
13
36%
-
,
4
99% Aug
XGG
5
Sep
Oct
Oct
23% Oct 30
1,000
65%
123
112%
46 Va
22 Va Jan
July
17
13
Chemical
3,700
3,900
i'jTEi-i,
124
45 %
154 V 2
700
22%
65
17 Va
Oct
Jan.
81% Jan
28% Mar 10
143
47
6'AJan
4
19% Marl 7
5A
220
42%
112%
'
24
31
Jan
.: 11%
22
84% Nov
July
Jan
,13% Jun 12
Distil
200
17%
49
22 Va
.22%
3 7'A Nov
4
3
23 Va
Jan
18%
(The).1
Dayton Pow & Lt 4% A- pfd—100
100
106
Va
Jan
22% July
108Aug
23% Mar
37%
8.
Jan
Jan
Jan
9
10
24
May
Davega Stores Corp——.—8
5A preferred.——.—25
Davison
9,400
124
124% 124 %
*111% '112 Va
>16%
300
35%
33%
104% Nov
18
par
.No
Cutler-Hammer Inc—
Diamond Match
900
15%
34%
*15%
16
34
20
22% Jan
2% May
16% Jan
Aug 21
49% Aug 29
4
6
Jan
Detroit Hillsdale & 8 W RR Co..100
200
40%
34
*15%
20% JNov
Sep
Jan
14%
3.
...1
—
Delaware Lack & Western..
32%
40%
9
Apr
186%
95.
28
...1
A
5,500
38
40
Prior preferred^———.. No
Detroit: Edison
65
38
32%
40%
7,700
3
Dec
iS
39
Jan
25
No par
Curtiss-Wright
Class
Oct
47
61% May
Jan
2%
25% JiHy 11
Jan
.No par
$7 preferred—
6,900
20%
20%
20%
40%
200
32%
7%
7%
66
600
22%
"31%
32
*31%
40
35%
*21
i
GOO
3.400
40%
35%
40%
22%
37%
17 Ve
10
36
37%
47 Va
500
900
111
*35
34%
800
25
*110
;
27% Jun
111
J
53%
173
Aug 18
29Va Nov
112
.100
Cushman's Sons Inc 7.A pfd
V,
15%
15%
36
38%
:
2.600
12%
*22%
40%
40
300
21.500
•
.
,
Jan
3
—5
Curtis Pub Co (The)—
6,600
37
7
3
.30
—J._
Aug
17% Aug
5/
11% Feb 10
100
preferred
4% %
■
Inc.:
Apr
53
Dec.
28
—10
....—
15
Jan
13%
5
20% Jan
-100
Packing Co——
Press
Cuneo
500
6%
18 V'b
preferred
Cudahy
4,900
*123% 132 >
24%
*24'/a
24%
12%
25
65
*42
18%
24%
7A
Jan
45
5
69
.
100
preferred..—.........
preferred—
8A
Sep
.
*9%
97 Vs Jan
No par
$5 conv preferred—:.
Crucible Steel of Amer_._— No par
49%
Jan
22
July 31
15% Feb
-
Jun
27% July
1
45
No par
preferred
.5
:Crown Zelierbach Corp.—
15%
Jan.
27% Feb
.
Jan
Jun
18%
16% Jan
par
Cuban-American Sugar
230
7
par
Jun
11 Va
7% May
61% Oct
104% Jan 20
Jan
Sep
36%
37% July
54'A Nov, 20
6
18% Feb
HOVa
40%
184% July 10
7'A July 6,
3
20
Jan
Jan
Jan
13% July
10
Jan
Oct
23% Jun
Jan
52
28
Jan
Dec
Jan:
7
25 y4 July 12
3
5
Dec
107
4 Va
4
173% Apr 29
.
Aug
47Va
30% Aug 18
Mar 20
V lTa
16
>18%
Jan.
25'/2
19'A July
44% Jan
Oct
27%. Mar
22
46'A Nov
52 Va Apr
Sep
26%
»A Nov 16
8% Oct
5
33 Vb Jan
19
15% Jan
•
21% Mar
96
49
16
10% Jan
.2
...
8
29%
x4%
27
13'A Mar 16
29
47
■.:<
—100
No
1.430
Vit .55%
•
(The).
2.000
8%
6%
—.
Cuba RR 6 A
125
18
132
*123%
15%
55
V
6%
18'A
18%
24%
124 Va
43'A Jun
38% Feb
25
preferred
conv
Mar 10
12'A Aug 12
$2.25
,
10
7,
112% Aug 31
5
41% Jun
—1
—.—1
No
1.300
';.
30
29% Oct
32% Feb 10
10
May 24
—25
Crown Cork «fe Seal—
111
8%
-
55%
6%
132
*37%
102
9
55
6%
*62 y4
40
9.000
29
*28'A
*108
*108
125
27
26'/a
29
*28'A
28%
111
*21
20%
150
.7% Oct
105% May
.....100
...
,
1
Jan
-5
Crosley Corp (The)
146
*141
•:
26%
25%
25%
-
146
*141
146
38
38
2.900
.
15%
65
.#■♦62%'
>
24'A
15%
34%
31'%
7%
7%
37%
83%
/
36
34%'* *34%
*21
37
•
111
4oy8
*34%
■
*123'A
24%
35
35
34%
34%
132
112%
nn
113
*111
18 Va
18 Va
18
*123%
24%
6%
6%
6%
132
*24
*22%
1
125
54%
18 %
18%
■
*123%
6%
*123%
8%
*123%
55
6%
28'A
*108
8%
8%
125 va
*123%>
25 y8
25%
109%
*108
8%
8%
*141
28 %
*28
111
*103
146
*141
146
■
23%
.
*15%
15%
*48%
16
50
Co
5A
700
!
24
*23%
19
No par
Refining—
Cream of Wheat Corp
3.300
35
36%
25
Crane
700
27%
15
24% Apr
260
35
Feb
_No par
Products
■
.
4% Jan
'
Nov
6% Apr
Ai. 24% July
105
July
3% May
19% May
.
Jan:
prior preferred..——No par
Coty Inc
Coty Internat Corp..;
6.400
24
103%
15%
26%
109%
27'A
■
81%
*24%
26 Vs
109%
27%
35%
*103
26%
109%
26%
109%
89
3
Preferred
400
35
24
24
*34 Va
34%
34%
110
22;
V
14
Corn
*
"
Nov
5 Va Jan
Copperweld Steel Co
...
Conv pref 5A series—
200
>
112
26% Sep
220
;
5
20
Cornell-Dubilier Electric Corp..
1
Corn Exch Eanlc Trust Co——20
,1,900
180
180
180
6 Vs
990
60 '/a
60'/a
60%
3,200
54'A
54%
54
60 y2
60%
19%
102% Jan
5
$3
Jim
33% Jan
1
—
Cooper-Bessemer Corp—
100
20
22
Continental Steel Corp
2,700
49%
*49
19%
53%
54
181
26%
3%
3%
26%
60%
181
6%
*6
6%
.
53 %
60%
180%
8,600
12
11%
11%
22
Del
240
49%
30
Nov
20
;
Jun
17% Nov,'
19% Oct
Insurance——$2.50
of
11
24%
Nov
19% Nov
Inc——i;
Motors
9%
52
8
15
20
Continental Diamond Fibre——5
Oil
July
24%, Nov;
4
Aug
14% Jun
45
Baking Co——No par
—100
Dec
27
'25
Feb:
Jan
12.
preferred
Continental Can
200
11%
54 %
60%
8%
1,400
49
19%
20
Continental
46'A
11%
19%
25% Oct
Continental
16'A
so y4
19%
3
—
Continental
29%
11%
19%
180 V*
181 %'
181%
>
-
19%
18% Jan
7,600
16
*49%
11%
50
*49
19% !
19%
'
.
11%
11%
*49
4
conv
Jan:
avt
v
10
2,000
46'A
Nov. 16
32% Oct
;
*29
% Jan
13% July 19
t
911% Jan
•7 = 8
18% Nov
24
,
600
16
*45%
30 »/4
3
Continental
46%
"29%
16
15%
46
*
27
NQ par
pfd——100
CohsoUdation Coal Co—
,—25
$2.50 preferred ——
50
Consumers Pow $4.50 pfd—No par
3,400
.
*
4
6''a Jun
12
/
28'A
27%
28%
28 Va
28 va'
*28
8
3
is%> Jam
19
108% Oct
Jan
Container Corp of America
10%
25% Oct
82
-
Jan
Depi
Jun
July
l'/a May
Jan
,3%
5
Jun
16
2%. Jan:
10%
July
44 Va
Jan
17 Va
11'A Jan
200
/■.
V
,
16
_^1
1,600
■■A:'
7% Jan
Gas-——-15
Natural
1,600
7%
"
15
2% Jan
5
16% Jan 13
;
,
23
9 '
99% Nov 14
23:
21 Va Feb
Oct
Jun
4% July
Jan
21%' Jan.
.30% Oct
■
,3'% Feb 17
—5
pfd.
Consol RR of Cuba 6%
480
108 Va
37%
*48%
28
V
39
x38%
:
23
102% Jan
$1.25
GtOOO'
27%
7%:
108%
-
■
10%
10%
111
27%
108%-
*108
39
.
7%
7%
■
'<•;
110%
95% Jun
—No par
Consolidated
13,100
300
.52'/a:
10
par
Consolidated Vultee Aircraft
2,500
'.«■
19 Va
*51
27%
27%
27%
.7%
112
111
110%
*107%
7%
108
37%
37%
-
27
7%
108
108
*51
52
27
■
7%
7%
i
110%
27%-
*27 Va
*107%
24
24
24 %
*24%
■17
'
20% Jan
$2 partic preferred——No par
'-.Consol Laundries Corp_
—-5
12,3,00
16%
f
27
41
44
107% Sep
36% Jan
21
21% Jan
Jan
A
28
8'A Feb 23
par
par
$5 preferred——
'—No: par
Film Industries———
4,200
16%
1
Jan
9%, Jan
29'A Nov: 13
Consoi
1,200
•
;
3
3
1,300
.
28%
11%
Jan
79
—No par
Coosol Edison of N Y.
14,000
>
5%
28%
3,000"
1
107 Va,
5Va
-
12
;
*11%
12
24%.
24%:-
107%
5%
•I
24%
107'/a
24
107%
"
"3 5 8 "'•"< 3%<
,
18% Jun 16
24% Jan
% Feb
Jan
29%
July 15
Congoleum-Nalrn luc
No
Consolidated Cigar
.—-—No
$4.75 preferred ———No
Consol Coppermine® Corp-i.,
*
3%
3%
50 Va
98 Va July
.19% July
'
104%'Jan
Edison Co—25Conde Nast Pub inc—i
No par
650
99
16
1% July 13
92% Nov 21
$6 preferred series-
300
V
19
Oct
108
Feb 15
14 % Apr 18
9
30%
•
Highest
$ per share
Jan
25%
43% Jun
3
11
40 Va
No par
79 Va
17
NOV
48
Feb
per share
21
22'/4 Jun 23
25
37 Va Jan
Commonwealth
1,700
.
94% Nov
16'A Apr 24
105
Lowest
$ per share
14
39% Jan
Commonwealth & Southern-JVo par
1,000
24%
29 v2
29 %
28%
20
24'%
107%
G
*5 = 8
28%
20
;
24
107%
107%
28%
107%
>
'24 va
-24
Commercial Solvents—
24,300,'
29
98 r
3%
3%
3,300
■>
24%
,*28%
98 va
*3%
Comm'l Invest Trust—.
20 ;
,
preferred
conv
7,600
28%
*
4'A%
par
.M? par
10
.——100
-Nc par
Credit
Feb
84
Year 1943
Highest
Lowest
f. per share
—.—No par
".
28%
.-■•' 24%
,29%
107%
..
—No
Co
Pictures
preferred
Commercial
7,000
28%
IjK
20
20%
'24%
6,800.
*107 Va
91%
28%
V 28%
;
38
37%
%
89 "a
Columbia
$2.75
15%
42
15 Va
20 %
37%
38
2,100:
Carbon
Columbian
49
42%
42
lS'/a
24%
20%
38%
38
39
107%
107 Va
42
,
93
93
*20%
*48
■j
.
Par
500
20%
*48
Range for Previous
Range since January 1
;
STOCK
FORK
EXCHANGE
Shares
t per share
share
NEW
.
the Week
49
20%
•'
Sales for
*
Nov. 24
.
94
X94
V
49
$ per
S per snare
,
94%
20%
20
>48
49
38%
39
107 Va
20%
*48
49
*38%
94
20%
94
20
Nov. 23
Nov. 23
per snare
94%
94
94
>48
r
per snare
Friday
Thursday
Wednesday
-
Nov. 21
Nov. 20
Monday, November 27, 1944
STOCKS
HIGH SALE PRICES
Tuesday
Monday
■
Saturday
.
CHRONICLE
THE COMMERCIAL & FINANCIAL
2304
29
,
9% Nov
31%
Jan
44% July
3%
Jan
8% May
Jan
170
May
Sep
9
*173
Sep,
184
Jun
Jun
30
35
Jan.
45 Va July
11%
Feb
19
30%
Jan
39 Va July
14
Mar
22% Sep 25
15'A Sep
Sep
25
45% Aug 18
13% Oct
146%
20
6% Oct 13
1 5% July 3
8% Nov
1%'
Jan
1%
Jan
Jan
92
Nov
Nov
5% May
6% May
99% Mar
3
31%
94% Mar
4
28'/a
Jan
88%
47% July 11
34% Aug 14
33%
Jan
42% .Sep
19% Nov
23'A Jan
5
49'A
Jan
3
101 Va
Dec
16% Aug 25
2%
Jan
68% July
108 Va Jun
103% Oct
105
Nov
S32
Sep
21
26
4
58% Ju
103%
9'/2
D
Si
54
Jan
92
Si
57%
Jan
92%
S<
96
D-
62 V2
Jan
1*4 Aug 10
%
Jan
13% Mar 22
8%
Jan
16% Mi
13% Mar 22
8
Jan
16% Mi
Jan
52%' Mi
106
Nov 16
64% Oct
2311,
w
19
39%
1V4 Mi
THE COMMERCIAL ft FINANCIAL CHRONICLE
Volume 160- Number 4337
LOW AND HIGH SALE PRICES
V
Saturday
*84%
;
88
12
41 %
>.
"4
12%
12 V8
16%
V'15%
4%
39''a
•
"24
42
41%
4Va ■'
i
*4
39% •(
*10%
16%
:
104
>;24%
24
-
.
*
.24%
"
21V, '21%
*102
u.*8%
v
"21%
t
'22
':■■•"
-
Erie Sc Pitts RR
1
*22 Va
•
9
,23%
102
102;
23 Va
•
Go.—..I—50
2.400
Eureka.
2.600
Evans .-Products
42%
1.600
Ex-Cell-O
42-
Vacuum. Cleaner
3'
v
'
Exchange Bullet Corp
40% ,'40%
?
—3
2.50
Fairbanks Morse ft Co
,16%
1.400
.
23 Va»
24 Va
12%
■
,
No par
Corp
;
*
12% 7
"
21600
.
Falardo Sug Co of Pr Rico
3:700
■;
IPederai Light
'20
6.000
44% Oct
5
51%
52%
52*a
'52%
*106%
107 V
•
44:"
+21^
:
'
8%
ft. Traction.-,——_15:
30%;,
"'44 V
.
104
Federal Motor Truck......
39%
'•
6%
'6%
39
*30
44"
■22%,*
No
:.;"4%1V
90
;
Ferro
900
*44
:
","44
45
4414
45
•
.
•:43%":'43%
i
22
30% Not
42
21
17
Apr 26
Apr 24-
■
,*,14%
*14%
14%
14%
59%
25%
15
'■
"59%
59%
.Jan
86
-
23% Oct 13
13
10% Aug 18
30
Oct 21
15
104"
Nov 22
27% Aug 21
53% Nov
2
12% Jan;
98% Nov
19% Jtm*
42
50%
4
Jan:
5
H
Jan
3
45
Jan.27
;
39 Va
First National
20
,
—
.No par.
.No par
'18% May
24%
25%
25%
25%
Follansbee Steel
7p0
109
4
;-44
35% Jan
par
24%- Jan
Corp,
24%
*15% '
■
'
'*24
:
5%
410
conv
preferred
—100
15
700
25% Jan
300
Food
Machinery Corp
*15%
109%
110
32
31%
32
*31%
97%
10
6
25% Jan
36
Jun
8
Nov
109
28
Jun
5
9
1
58% Mar
7
:
151'a Oct 21
5
66% Jun 22
39% Feb
—.10
16
Jan
18
20
Jan
4
2,666
prior preferred
25
Francisco Sugar Co
..No par
F'k'n Simon ft Co Inc 7% pld—100
Freeport Sulphur Co..
Corp
39
39
*5%
*39
114
114%,
•■
,5%
4%
5%
4%
5%
:
39%
•\ 400
114%
240
5%
5%
4%
-•
15%
48
*5%
4%
15%
48%
4%
30
800
39
5%
,
4%'
"V
V
32%
114%
39
1
*5%'
'•4%
'4%.
16
114%
39
113%
6%
112%
■
32%
3i%
39%
114%
114%
*
:
32
■
574
18
,*i5
■
16
16
*15%
.
'
100
47%
48
47
*16%
17
'*16%
•
V.
!
48%
16%
48%
48%
*16%
•
16%
*15Va
48 3A
16%
*16%
Jan
Jan
53
Jan
*64%
.
'
6%
1%
20%
*64%:
*64',4
-r'~V
6%.
.
.6%
6%
6%
16%, Jan
(The) cl A——.No par
(Robert) —•
:—..1
preferred..
............20
Gamewell Co (The)..
ho par
20%
20%
56
56
56
1,040
Gardner-Denver
8%
20%
20%
.L—:
;
56
56
*14 %
14%
*id8;
'
8%
159%
159%
*54%
55%
,'"5%
5%
28
*147
*26%
150
140
38%
39
41%
41%
112
38%
153
42
111%
111%
■'■":i' 3 Vt
3%
3%
111
111
3%'
■"
*135
136
-136%
137 %
137
115%
*114
114%
114%
115
134 Va
133
133%
134%
61
*
129%
129%
55%
*54%
10%
10%
20%
20%
20%
21
•
55%
9%
9%
*1C7
;
107%
*i%
'■
*1%
■
25% ■25%
125
*123%
62
12,700
61%
130
129%
61%
130
55%
*54%
10%
10%
10%
10%
21 Va
21%
21%
10%
21%
20%
21
9%
9%
*107
v.
1%
1%
.
26
26%
25%
*123%
,
*123%
125
"7
107%
•
.
;;
*1%
1%
25
26
Va'
2514
125
,
*123 Va
125 •■--:
13-t
•'
*3%
3%
20%
'19%
V
101%
102%
*25%
26%
28
28
28
*110% 111
23 %
.
3Va
3%
3%
20 %
2014
-18%
106 Vi
28
28
,
23%
104
2,700
2814
' 400
;
24
24
900
104
150
-
104
104
;
1,100
4,190
26'A
104
23% :
23%
23%
104
No
4%%
148
30% Jan
34
-119%
1% Atc
•
Nov
39% July
44% July
,
Jan
113% Jan
3
3% Aug 30
May
32% May
Jan
3
/
Sep:
Dec
Jan
11
140
Sep 26
93
Jan
4
117
July 13
83% Jan
128
Mar 18
134% NOV 13
128% Nov
137
July
44% Jan
56
July
51% Feb
28
130% Oct
4
36% Jan
par
4
125% Jan
par
.No
....
Jan
117
9
18% May
98 ',4
115
3
'5614 Nov
4
4% Jan
3
.
66
July 12
112
124
Jan
14
19% Feb
8
Feb
7% Jan
15%
3
115
~Jan
7
Aug
23% Mar,
9% Jan
3
60.*;
:
15%
Jan
108
July
24%
Jun
23% May
Jan
113
14% Jan
19
Dec
91
1614 Jan
15%' Jan
15
25% Jun
;
Mar
~
31
July 15
113% Apr 22
17
99
preferred ————100
-
Nov 22
26% Jun
6
Jan
Jun
M»y
25% May-
12% Jan;
.5
109
8%
~2%
*104;
2
19% Nov
74 V2 Sep
9
22% Jan 20
19
NOV
43A Oct
•
Nov
6% July
Jan
3»
.25% July 10
25
4
110
39
24 % May
4% Jan
3
28% July 10
3'A Nov 15
Sep
9
214 July
Apr 11
Dec
13L% May,
214 Jan
13% Jan-
11% Aug 21
107% NOV
19% Apr
14% Jan
120%
107%
'
106
Oct 24
IV4 Apr 25
19% Apr
5
,
July
125% Nov
17% Jan
13% July 36
23% Jun 17
18% Apr 26
6% Jan
3
Railway Signal.——No par
preferred.—;—.—-.300'
Gen Realty ft Utilities new.—._10c
General Refractories
-No par
General Shoe Corp....1
Gen Steel Cast $6 preferred—No par ,
General Telephone Corp———20 ;
Gen Time Instru Corp^
No par;
6% preferred..—
—.100
General Tire ft Rubber Co
—5
*110% ■I'll .-,..-■>
111
*110%
111
1814
109 Vt
2614
'!
Adv A
130%
43% July 12
10
Jan
20% Jan
9
Nov
.Aug
914. Jun
8 % May
2% Jan
29% July 12
153
Sep
8;
Jun
,151
7% Jan
71% Jan
Nov 16
40
Jun
9%
102
Gen
1,600
+27%
109 !
26% : 26%
28%
*27%
26Va
+110%
23 V,
106 Vt*
■
:
19 Va
*18%
■18%
106%
Nov
214 Feb
Gen Public Service———10c
3,800
r
19
111
<J%
".
118
6
Aug
51
Mar
4%
13
24
100
2014
26 Va
104
*103%
3%
20%
103
28
*23%
104
3%
20%
18%
■
•
111
*110%
23%
*103%
20
18% •18%
-101%- 103
-*26
:„■ 26% :
19
18%
3%
20%
3%
3%
*20%
4
4
Nov
Equip Corp—No par
General Printing; Ink.—;——:—-1
$4.50 series A preferr'ed
No par
1,000
3
Feb
107
Jan
134
Nov 21
7% July 10
,18% July 10 >'
35
Jan
5% Jan
20
Jun
Apr.
53%, Apr
11% Dec
6% Jan
2514 Apr
i
6%
14%
Jun
37;
4% Jan
...100
1,800
;
3
Now
Jan
102
1,
54% Oct 13
9% July 6
161
Oct
30% July
9% Jan
\ * % Jan
81% Jan
Gen Precision
.
8
40
1,800
:
Feb
—No par
Common.
3
51
18
'108%. Nov
16
1,100
914
9Ve
107%
*"107
9%
9Va
*107
107%
*1%
26 Va
*123% 125
•
14% Oct
21
Feb
preferred—.:
Gen Outdoor
55 Va
.
Jun
6% Jan
General Mills_—No par
5% preferred—.—;—.—.100
General Motors Corp.——i—.10
$5 preferred—-——.-.No par
600
'
*54%
1%*
26 Va
250
10%
107%
,
::
611a
133
143
Gen Gas ft Electric A%—No par
$6 conv preferred series A-No par
400
:
Corp....—.No par
$4.50 preferred...
No par
:
110
117 Va
55%
9%
9%
*107
1%
.
630
11
10'A Feb
414 May
6
18
56
41% Apr 28
7% Jan 24
General Foods
6,200
133
'.
Nov
Nov
3
cum
General. Electric: Co
2,300
139
*115'
66
7% July 10
X21% Aug 30
1
140
7%
10,900
■
3%
*135
.
514 July 10
3
-
Jan
105
preferred—....
-.100
General Cigar Inc—..._.No par
Ho
80
111 Va
3%
134%
130
39%
-42',
111
3%
19% Jan
Nov
Jun
18'/a Jun 28
—...No par,
Class A—*
■
2,800
■
41%
37
*133
130
130,
27
39 Va'
..
'
111%
.'
137
62
61%
10%
..
:
61%
*54%
130
129 %
-^54%
*16%
;
60%
61%
;
115% 115 Va
134
*133
670
42
3%
'
.
137
*114
39 Va
111%
3%
5,100
*150
39 Va
42%
10
51
14
General Bronze Corp—..P
General Cable Corp.——..No par
3,600
6
17%
116 Va
*27
27
42
■39%
41%
,
,
4%
14%
10
51
General Baking—..—5-'
$8 preferred
—....No' pat -
16,700
;
Jan
1% Jan.
9% Jan
July
4% Jan
13'A Feb
$6 preferred
...No par
Gen Amer Transportation—.—.-5
210
1
17%
*150
153
100
2,300
.4,100
H0V2
>■
117%
26%
1,000
.
12%.
'6.
■
18%.
116»4
38%
39
6%
-
18%
-
'27 ' ;
27
150
*
41%
;
112
3'4
27 Va
6
18 Va
118
113%
161
12%
12%
90
,
8%
*160
2%
5
17
62% Oct 26
Gaylord Container Corp.———5
5% l'o conv preferred™
50
Gen Amer Investors......—No par
Jan
5
July
5
15% Sep
Gar, Wood Industries Inc.. —.—!-■
1,500
51%'
...
8%
161
12%
6%
17%
114
51
8%
161
13
6
17%-
•
8%
161
12%
6
17%
,113%
27
'
12Va
5%
•
17%
114%
17%
:
12%
.,
8%
*158
*108: V 109
51% :
50%
7
4
12% Jan
25% Feb
20
3,300
14%"
14%
14%.
108
108
51%,
8%
161
160
14 Va
14%
:
56
*55
109
51
8%
8 Va
12
14%
*108
50%
50%.
'
8%
114
14%
109
*108
51
11%
■
*14 Va
■
109
■
51
*55
.-
17
Dec
75
Sep
38% July
31% Jun
116
'
'
15%
Feb
29% Dee
42% July 12
Sep
5
Dec
19% May
May
21
5% Jan
50
24
361a July 11
,
2% Jan
:
No par
Co..;
$3 preferred
6%
20%
20%
V
3
17% Sep 26
112%: Nov
4
103
'
20%
18
2% Jan
1
.100
6%
1614
1%
6®a
20%
Co.—...
preferred
3
29% Jan
Apr
10
15
30% Jan
Dec
13% July
54
1014- Jan
Nov 14
July
-
9% July
Jan
26% Nov 13
24
13
Jan
Galr Co Inc
*64%
■
*04%
*20%
48%
*16%
•
Trailer
13% Jan
70
Gabriel Co
2,600
•
*15
4%%
j
300
4%
1614
4V4"
Fruebaul
Jun
22%, Jun
Jan
19%
3%
30%
9%-
Foster-Wheeler
24%
15%
*107
16
Ii2%
*107
;
*24
Jun
July
39%
15% Jan
19
31% Aug
8% July
5,700
251
43
31%-Jan
Aug 3:1
40
13
43% Aug
11% May
53% Jan
Food Fair Stores: Inc—1:
60%
24%
15%
15%
16
110
<•104
*24
24%
'
Apr'
3
26% Jun
5% May 16
10
...
9
Dun
Jan.
'
"24
Dec
6%
2514 July
78%. Jan
109% Oct 14
3
.No
15 ■,:
25%
18%
Jan
•
4'
—..No par
Florshelm Shoe class A
53 % Nov
8 *
13
60%
26%
Feb
3% Jan
.
25
10414 Jan
34% Jan
Florence Stove Co——
1 300
6%
Stores...:
preferred—.—.. No par
$4.50
300
,
3814 Feb
103% Apr
61
...
Mar
19%. July
105% July
29% Apr*
Jan
18% Dec:
27% Nov 24
3
.
93
25
14%
*59%
60%
o Ui,V
:
May
11%,Nov-
6% Jan
•
4r.
Aug
;
Now
8% Nov
17
17% Feb 24
105
21
Jan
....100
Flintkote Co. (The)
2;400
113
45 :
44 Va
Dec
25% Jun
105'% Aug 23
"
12%
12%
12%
12%
89%
12%
12%
*87%
89%
12%
: 12%
2,100
*88 Va
89%
Gillette Safety Razor——No
$5 conv preferred———No
20
2,600
Gimbel Brothers—.—-No par
12%
12%
89%
19%
19%
*102
*87
•
,
19%
19%
102% 102 Va
103%
*103
'
'•;
23
■'
23%
23
23
*50%'
51%
3%
3%
*50%
'"
■'
3%
,141
f
-5% % 5%
51 Va
•
46%
47
Glidden Co
1,900
4%
200
'.
3%
146%
260
'
I
104
'46%
4614
47:
4,400
50
104,.
300
4.500
15 Va
''5%,,
"
5%
4%
4 Va
*4V4'
1,
.
'•5%-
*15%
15%
"5%
?':;5%
*4%
4 Va
*17%
.13%
18%
13%:
40%
,40%
24 V4
24 %
16%
17
41%
41%
,28%
28%
5 '/a
,
■
4%
.1
•nil": mva
; 16 '
'16%
:
110% .110%
*110Va 112
15%
15%
1.100
5%
4%
15;500
4%
:534
,
200
500
Jan
13% July 10
Jun 17
x83
No par
50
Jan
7
4
25
Apr 26
4
2% Jan
52
*13
'
■
*23%:
24 Va
17"
•u%;
<
41%
.28%
,
28%
*161
13%
,
24
.,.*23%
;
16 Va
41'a '
28%
,
'
.,*5%
'■
6
,
56
'
.
.*46
56
V
,
.46%
■
*59%
5%
,
■
13%
56%
56%
45%
.
1.200
41%
41^8-
165
*159
53%*
53%
23%
23%
27 Va
.27%
-
-
"-■
,
5,1a
'171
,
.
'
13%
'.23?s4°a'/2
.
28% '
'
,
6
56 V8
,
45%:
i '46:
175;
14'
5%
.
..174
5%
175
:
■
13 %
'
•
57
56 Va
.
46%'
.46%
S
•
:
/•
IV i
"•-{
2.400
Preferred
Feb
7.:.
Jan
3
104% Nov. 2i,r-
8
150'
3
NOV
50.
Jun
Z
8% Jan
"3r:i
•11714 Oct
/IVi Jan
3.;
7
Aug
514 July
3% Jan 2fli
9% Feb
3
:
.
3
160 :
.
46;Va
■'
■>
»
11,700
380
46 Vt
,
2;800
3.700
Sugar——Nopar
preferred.
——vlOO
Gua ntanattio
2.700
8%
.
No .par
———No par
Gulf Mobile ft Ohio. RR
6.500
56^:^8714
-
hsur-
900
11.300
on
0^8.1 m
57
Green Bay & West RR
'V
kfi
Gulf
nreferred
Oil
,
Corp
*
23
*
•
:.
■
4314 Feb
19% Feb
:
^
IT
"
'
Apr 1:8.
3% Apr
'3
Jan
26
123
614 Jan.
33
.
Jan
ii 4314 Sep
3
Feb
t
,
1'5 F
3014 Nov
10
-
:
" Aug 12 v
1614 May 17,
59
Jim 23;:
3
3%. Jan
25% Jan
Dec
44%
451a May 19
15'
Doc
65
v.Jan
.;
'
50
.
21%
JSep
Dec
-17%, May
5
'•
Jun
160%
2% Jan
81% Jan
.
Jan
154.
10% Nov
,
176
■
27%
n Jan
3114 Jan
14% Jan
...
6% Aug 12.
,
Sep
July
Apr
32% May
■18
57%-: Sep
3-,
July
26
Deb
2314 Nov
138
2414 July
>
17
37
21% Jan
:
Nov 16
9% Apr
2% May
6% Apr
43% May
13% Dec
.
54% Oct. 13'
IT
11
;
67:
May 23'.;
Jan...
7%- Jan
2914 Feb
2914 Oct 30
-3:
24% Jan
143% Feb 15 nl
■
:
-
24
1714 Nov 13
42% Nov
6
3
25% Jan
6 % pfd—No par
Sugar——No par
.—..—300
8
6
Oot
41% July
108 Va July
•.
,
25% Mar 15
2314 Jun 28
45%- Sop
102
Jan
25j% Jan
26? £
jOO% Jan
h4,r. I s'^Ai, Jan
;+i; Jan
iy:i
Dec
ski
16
July 5
40% Nov 22
8
14% Jan
Oct
19
1514 May 18
32% Jan
83; f
Jun
3% May9714 Aug
19CI
112% Jun
104'A Jan
:
48
;
24 H i
36% Feb
.—No par
,.100
Green (H L) Co Inc.——1
Greyhound Corp (The)...
No par
iGrumman Aircraft Corp—
.1
Jan
1% Jan
4
414 May
40
Great Northern Ky
Great Western
41;
98
Granite City Steel
No par
Grant (W-T) Co—10
5% preferred—
—...
.20
Great Nor Iron Ore Prop.._No par
11.600
'
-j
T3fira4
A T:«-/.
46%
IL T'S Va
174% ^
"
14
57
■
O'.it.:
OOi-',:
iV-V i'
53%"-
23%
.53%
i:
Jan
14% Jan
;
■
■ 27%
:
400
:
■
66
*59%
66
28%^28%
'22%
,,
27 Va
170%
.13,%
1.400
1 800
231% 2314
l,7jvv.ni7 '•
;
Grand Union Co
100
;
1314
.
4014
.
•
169
13%
18 Va
.
:,40Va
13
-
'
*166% ' 169
•» V
."
165
*159
53%
,
41%
*17Va
'
22%
r 26
> 5%
-
.
28%'
28%
,
22%
22%
26%; ■26%
:
41%
,
165
53
53%
,*53 '22%
:
'24%"
;
*59
'
13%,
40
16% ; 17
"
*59
'
"23%
J"
'
41%'
28%
*159.
166
.
40
.
14
-17
18
18
..
39%
"16%
•
18%
,13 Va
'.,."13
V39%: .39%'
13%'
,39%'
!
*17%
18%
59
July 11
1
Aug
'
%'May
May
14%. Sep
85% -Oct
22%. July,
Jan
73%'Sep
,54% Jun 191 a 54%; Jan
85% Jan
'
*17%
5-
NOV 16
106
1814 Jan
9
74
'
10
20% Nov
45
preferred—
4% Jan
60% Jan
'
90
6
11% Jan 19
—..—No par
(The).
conv
69
par
tGoebel Brewing Co...————_—.1
Gold ft Stock Telegraph Co.
100
Goodrich Co. (B F)_.—.—No par
''
$5 preferred
—-No par
Goodyear Tire 'ft Rubb.——No par
$5 convertible preferred—No par
Gotham Hosiery———No par
Graham-Paige Motors..——.1
Granby Consol M S & P..-—.—5
900
150
50
105 Va
*104
*3%
?
■
...
.4%
50%
46%
110%' 110%
"... 15%
,15%
*15%
•
23%
*50%
142%, 142%
50%
x49%
104%.
$6 preferred——
7
-
'
3%
3%
3%:
."400
103 Va
*103
23%
51
141
104 Va
46%
46%
46%
46
20
24
51
49%
104 %
'
*110%' .111%
23%
3%
,
,49%
49%
23%
51%
141
,
!
*104"
'
20 Vt
'
*3%
140
*138% ,140
49 3 4
50%
*103% 104
89%
103% •103%
103 Va
23%
*51
51%
„
20
19%
19 V,
V
*88
par
.
'
*8?
Jun
10% May.
41%.May
50% July
iK 8-
H
*32
%:,
33
*27%
33
*19
19%
15
*19
15
■
"109106
17%
"150.
■
7%
;
14 %
17%
*105%
:
17%
:i%
footnotes-
.
'
33%
32%
32%
28\'a
27 34
28%
:
450
19% .19%
:
700
'
*19% ' 19%
106
17%
109
105%
106
17
*107
,
2311.
*7%
,17%:
17%
*150
7%
107
'
*106 '
.
'150
,*106%
19%
14%
1434
109
'
,
Hsckenssck
"200
*3214
28%
28%
*14^y8.
*7%
7%
#106%- 107
page
33 ''
'27%
19%
.
see
.
14%
*150
'
ip?
For
28%
*109
103%
*32IV
33
*27%
28%'
201-4
7sa
.
*14%
15
109
*107
106,%
17%
*106
,
*106Vt
Y%'
107
■
28
5
J52J5Q
4%% preferred
,
500
•
.22
'
% 39%
39%
,
3*/%
14% Jan
3
22% Jan
par
Firestone Tire ft Rubber—
200
31V2
6%
%- Jan
•
44%
Jun
29% Mar
42% Oct 13
19 Va
preferred—. —100
Corp—
conv
Enamel
Fidel Plxen Fire Ins N Y—
1.700
2,700
•
1061a
*108%
39 Va
6%
:
106%
*30%.
31%
6%
6%'
52%
*108'% 113
39%
Now
26% July 17
.No par
Federated Dept Stores—
23 Va
52% >'52%
52
'
52 »A
21%
22%
113
*109
30%
30%
'
21%
.
-
'
*103Va
-■23
*43%
.43Va M3%:
.
1,09
*391
,
30%
8 >8
•
<109
Nov
9%
14%, Jun
3
100
,
500
2,500
7
29%
29%
107
*106%
20
4% July 14
25
14% Jan 18
Federal-Mogul Corp—.—.
,
'
23
'
■-8%
52 Va
52%'
'■52%
78
3% Jan :
5% Jan
.9% Jan
"
23
52%
"
„
107
*106%
21% -21%
v:
39 3'a
*38%
:
,',"44*
21%
113
>
5lVa
52%
107
*106%
44*
;
21 %
*109
,52%.
■
;
52%'
52",
,,
68% Jan
21 Va Apr 18
;
;; $6 preferred-^
—No par
Federal Mln. ft. Smelt Co—.
—2
1.000-
105
'./■■ 27%
104
*
3
33 V* Jan
—20,
200
'
27 Va'
*104
8%
,
10
2% Jan
■
Farnsworth Televis'n & Rad Corp-1.
*16% -16%
-
,
22%
23
■
4
17% Nov
19
-
13
:
103
.«
13% Oct
18»
per-share
84% Aug 24*
6% Apr
9% Apr
21% Jan
Highest
per share
share
781A Feb 15
5
—
Co
"
52 % ; 52%
.
Lowest
•
28% r 29 v,
>23
-23.
i
V
28%
,
f per-
$ per share
Par
15 Va
■
■-*4% ; -43A
.8%
21%'
*8%
,
103%
*102
23
8%
28%
,23%
103%
:
"26%
.
'
8% V
28%
"22 %
26
88
Shares'
YearUM*
Lowest
EXCHANGE
' 12Va
15%
-
40%
16%
•
Range for Previous
Range since January !
Highest
NEW YORK STOCK
the Week
share
"12 Va
>
Va : 24%
104
; 1.04 f
27 Vi
26%
■
# per
'
4%
't 24
S'105
..
,
;
-•."12%.
12%
:
*16% 'V 16%
1*104
21% <21%
r
'
n8%
.•"28V,
"■
:24%
-12%
1
46%
10,4 V, ,105
'24% ■25%
7'*16%
■
!
:
40%:
;
24%
<
4
12%
'*4
'
Nov, 24.
''
42%'
40%
'4%
40
•;
39%
f.
-
42
42
'
*4
V24>%,
•■
12%
■t
12%'
*103
39%
r
24%
>
12%
•
16%
•
"
t per share
12 Va
15%
41 Va
»
■
.j
*84'A
.12%'
:V12%'T
Sales- for,,
Friday
.
■
88
".,*84%
*84%
v,
'.•>
'
$ per share
per snare
Thursday
Nov. 23
.
'
t.
413.,
*
/• ;
"Nov. 23
■
16% * 15% '
12
15% <15%-
*
.
88'
*83 •
'
12%
,
share
s per
Nov. 21
■i
STOCKS
Wednesday
Tuesday
Monday
Nov. 20
■
per'share
9
1
i
"
Nov. 18..
2305
17
'.,r% '■
-R
15
"
109
1.600
80
106 Va
120
v17Vt
5.000
"7%
1.600
*150
»■
'7%
*106%
107
Water—.—.23
preferred class A—
25
Printing Co—.
———10
Hamilton Watch Co—..—..No par
Hall
preferred
—100
B'snna (M A) Co $4.25 pfd—No par \
Harbison-Walk Refract—No par
: 6%
preferred———,—
100
:
r
class A__
preferred (.modified)
•Hat Corp :of Amer
i.>,i6%^
27.
Apr
4
2714 Sep 28
1514 Mar 13
1114 Apr 26
Apr 11
106'
102
Jun
10414 Jan
5
22% Feb
,
35
5,
Jun
-.
28%
Sep
38
Apr
Aug 31,
1614 July 3 '.
12% Jan
Jan
18% July
15% ' Jun
July 24'
104% Mar
110% July
106% Aug 11.
21
July 10
14
14
May
1
>13% Jan
21
.111
15% Apr 24
138
Jan
6
5% Jan
1QO
3314 Nov 13
38
,
151
.
*
•
Oct
July 12.
-
"
18%
July
Feb
'144% May
4%, Jan
7% May
Jan
109%. Oct
135
4
8% Jun 27
110
9%
86
r
,
Monday,'November 27, 1944
CHRONICLE
COMMERCIAL & FINANCIAL
THE
2306
RECORD
NEW YORK STOCK
Range for Previous
STOCKS
Tuesday
Monday
Saturday
Nov, 20
Nov, IS
s
( per share
PRICES
Wednesday
HIGH SALE
LOW AND
..
r per
per share
Nov. 23
Nov. 22
Nov. 21
*8 >4.
8%
*8 Viz
8%
*8%
8%
8%
6%
6 %
6%
6%
6%
6%
1071/4
107%
106%
107%
107%
20/a
20%
107%
20%
71
71
20%
22!'a
80
*22 %
24%
*22%
.22%
*22%
44
1081/2
70%
70%
108%
11%'
11%
33
*8%
9
*8
X25%
13%
13%
3%
3%
30
3074
15%
.
7°
70
69 74
70
137%
13%
13%.
34%
8%
100
25%
25%
25%
25%
25%
2,100
13Vb
■
'
1674
40%
40 7/4 7 41
I434.
'
:
.«■'
«*
7174
109
*106
10974
*10674
'
v".
*106 74
10974
10%
874
874
74
'
10774
109%..
•,
,
36 74
81
10%
■
3
I " '
•
.
0574
38
37 34
37%
■
.
'•
8
8 74
8 74
8
8%
8%
874
8%
8%
8%
X874
77 7 'a
177
17774
'
J'
1
374
*3%
3%
*3%
•
17%
17%
17%
17%
17%
-
3%
17%
v
17%
3%
a
4%
*45%
28%
.
18%
18.%
18%
18%
88%
88%
88
89
88%
89%
9!o
9%
*9
9 74
934
9%
81%
82
81%
*44%
46
*44%
40%
40%
84%
84%
46
*44%
*4074
40%
300
8274
46
85 72
2
1,200
200
139 7'a
50,300
15%
16
16
16%
15%
16%'
16
15%
15%
15%
15%
15%
16%
16%
16
16
16
15%
16%
4,100
17%
*17
18
17%
17%
-900
177%
*17%
18
*38%
39%
17%
17%
17%
17%
'
"
39
*142 %
*17%
18
39
17%
.
.
*17
17%
*38%
39%
'•
*142 1.7
'
■
1Q
39
*38%
"
100
400
39%
Intern! Tefep &
Jun
10%
Jun
4
28 7o July
6
22 %
Jan
29% Mar
4
16% Aug 23
4 7'a
Jan
11% July
4
ii
Jan
2% May
10
Jan
16% May
18 7'a
Jan
31% May
37
Jan
48
May.
4
Jan
13
May
Jan
19% July
8
19% July 10
./
Jun
44
3
26
Jan
4
71% Nov
Jan
4
16% July 11
2074 Oct
4
11%
42% July 12
32% NOV
24
Jun
8
111% Nov
6
6
165
Sep
7
158
3
X87
Aug 14
62
44%
Jun
1057a Nov 16
3
Mar
12% July
■
8% Oct
28
86%
10074
Nov
168
Apr
Jan
i
6 7'a
<
Apr
July
78% July
/
15%
9% Nov
5
23
Apr'
8% July
Jan
387a July'
21% Jan
4G% July 17
114% Mar 13
10574 Nov 20
27
3
8% July
:
29
82
67% Apr 25
165'/a Jan
1% Jan
18% Jun
3
Jan
13
3
25Ti Apr
19
,
Jan
6
56%
Oct
136
66
Feb
11
7% Feb
.3
19
Mar
Jan
67
July
3r!'a
Jan
s.
6% May
Nov
25
129
36% Apr
138
874
45%
Jan
July
14% Dec./
Jan
69%
Dec
11%
Jun
Dec
■
■12% Jun
21
3%
Jan
20
37%
Jan
47
Aug 28
13
43
3
Feb
3
135
12
11% Jan
12
.
71% July:
44
39
July
5
<?. 28
Jan
3
Sep
V-i Oct
11% Jan
par
Jan
5
Jun
56% Jan,
Jan
20
92
117
.100
4 7 b May,
7a
10
88
July
5574
Nov
91
Sep
74% Jun
-177
11%
68% Jan
4
39 % Jan 13
357'a Jan
Jan
Mar
177
;
'
20% Aug 30
7
„50
Jan
30
32 >'4 July
,
3
1370 Feb
.
Jan
9% Apr
Jan
162
24
79% Nov 13
67a Jun 28
474 Jan
130
;9
144 7'a
Aug 21
Mar-
115
Nov
3% Aug 23
4
157a Jan
65
3
178% Nov
28
Jan
6/
1.06
,10% July 10
186
Nov 24
6% Jan 27
-15
-Teleg——.No
8
Nov 22
par
—
Aug
32 % Nov
3
I5474 Feb
36
Jan
60
Dec
102 7'a
Jan
115
July
6
Jan
Oct 19
19% Aug
2074 Aug
,
2
3
7'a
Apr
38% July
<
16% May
6%
Jan
15
Apr 19
20 74
July 10
974
Jan
18%
Sep
15
Jan
4
107'a
Jan
18
Jun
—1
29
Jan
6
1974 July 17
45
July 27
27%
Jan
32%
Apr
13874 Jan
17
Jan
145%
Jun
No
Intertype Corp-—--—
Island Creek Coal—
t
—1
preferred——
'
16% May
par
Foreign share, ctfs-No par
Dept Stores——No par
$6
6
Feb 25
6% Jan
Interstate
*142%
*102%
*142%'
.
18
; *17
-
27/8
Jan
29Va Apr
.100
preferred,—
7%
;
Jan
47/3
.100
International. Silver
Apr
7'a
5
104
—1
conv
Nov
41%
28
10974 Oct 31
Inter Rys of
:
15%
*17%
5%
1.
Jan
2% Jun
7 7'a Jan
preferred——
Cent Am
.—No par
.100
571- preferred—,———
International: Salt——No par
International Shoe— *—No par
900
30%
10% Jun
9% May 11
1,500
■v;
3?78 July 10
July
9% July
.
11
7174 Feb
5
Co—
Jan
12
158
——
Paper
37/a
68 7'a
'
88% Jan
.100
Canada———No
3
114
Jan
100
International
4074
*83 7
Preferred
.
1374 July
.
Aug
3574 Nov 15
8,000
974
*120
13974
*120
Int Nickel of
57% July
Mar
59 7'a
8
,_25
International.Mining Corp——.
10
.
89%
40
84%
84%
86
139%:
*120
139%
ioo
18,700
18%
81%
46
40%
*83 74
84%
*82%
*120
1347 a
*125
7%
40
4%
28%
136
Jan
105
15% Apr 25
———100
preferred——100
preferred-—
44
l
11
46
-1
No par
Hydro-Elec Sys" class A
4%
22
Sep
70 7'a July
3
24
No par
International Min & .Chem——
70% Nov
114
6
3
1% Jan
Rubber—,..——No par
No par
Int Business Machines—_—No par
International Harvester--.—-No par
■:
Preferred ■;
———100
Int
3
Feb
874 Feb
Inspiration Cons, Copper—*——20
79
*44%
*44%
*4074
46
40
17%
89%
;~-i
V
83%
*82%
82
82
81%
1,100
1,300
*9%
#7
9%
9%
400
374
18%
89
89
17874
Jan
22% Mar
Interlake Iron.——
1,000
July
Jun
1% Jan
Intercont'l
3,300
77%
July
17
—
1,300
Sep
45
6
preferred-————.—100
4% ■'/(■■
Aug
Jan
30% Feb 21
100
InterchemJcaLCorp—
6% preferred.
Apr
..
Jan
preferred series A—
4,200
•
186
186
x76%
47%
•
20
42%
9%
107a Jan
Co—
Jan
36 7'a
25 74 Jan
Inland Steel
31
Apr
17
774 Feb
Co————20
100
Insuranshares Ctfs Inc—
47% July 13
18% Aug 23
63
—100
RR See etfs series A—
1000
Indianapolis Power & LtU—No par
Industrial Rayon
—No par
$4.50 preferred A——~.—.No par
Ingersoll-Rand—
No par
■220
874
28
'
: : 200
-•
•/
8%
*135
187%
18%
187%
18%
'
*78
135
2.200
/
3
117
45
54
Car-———No par
Corp—
-1
lines 4 %
17
Jun
12%
1
■
.107% Nov
Oil of Texas v t
Leased
17% July
Sep
115
3
Central RR Co—
6%
2,800
•..♦LJ
*17%
287/a
28%
135
136
May
c——25
Howe Sound'Co
5
Hudson & Manhattan
.—
.100
5% non-cum preferred-..——100
Hud Bay Min & Sm Ltd—No par
■
105
3%
5
5
4%
28%
28%
*135
136
*135
136
*135
4%'
4%
28%
4%
29
28%
]
38
•'
i
'
178
79
*78
79
*78
79
*78
79
*78
177
v-.
''
1,500
8%
'
,
178
17674
;•
"...
8%
834.
.'•—v
'.m
3%
•
11
38
V.V'
•.
■
175%
J
80%
*874
V—'
'
'
78
3%
'175
177
77%
77%
17574
v
104%
185
185
•' "
•
7'a
78
7774
77 y2
77
183
183
182
181
181
'177
100
10674
:'
11
'
'"I'v-
-
874
874/"/
8V4
8%
v
'"v-t.
/.;
104
8
'
0-
'-.■
.—
104
10574
vv1
8%
*8 74
834
37
.
105 74
105
__
100
80%
817-4
10%
'v'
—1+i
1 a-—
1,900
*16374
11
874
■
109%
37)4
10574
37
10674
'
*163 74
•
81
:
9
36
36
*35%
I—
•
10%
10%
*8
1,200
10574
;w_'
,
80%
81
10%
.
19%
■
*16374'
,
81
81
10%
1,020
:■.
,t—'■
•
105
•
*163 74
14%
*1974
■' :
'
'106
7174
■'
'I'' vL'
37%
*104 74
105%
*104 74
540
-■
.■■
40% July
Jan
7
13% Jan
preferred--—-——
100
Houston Light & Power Co—No par
6%
28% Jan
23
42
Jun
July
Aug'
21% May
25% July
3
Oct
87
136% Aug
147'a Jan
16% Jan
5
4
5%
Illinois
4774 Sep
2174 Nov
•
Jan
————No par
Household Finance——No par
1,700
%
1474
il
la'*. 1
19%
3774
37.
3674
36
14%
40
*40
■
71
19
19%
*19
■
■",
.
14%
■
,
•
70
70%
13%
"
118
39
Idaho Power
29%
17
Jan
115
3,400
3074
16 74
100
19
14,500
2a%
2
117
16%
30
17
.
71
2
3074
378
Jan
13
Hudson Motor
13 %
3%
Dec
49
Jan
Hupp Motor Car
13%
3%
Jan
73
Oct
5,600
13%
3%
74 Dec
128
No par
100
Class B
Houston
Aug
29
19
Mining———12.50
A——Nq. par
Homestake
Apr
172
Mar 10
10
4,200
13%
4
105%
%80%
200
*8%
*10474
•'
3,200
1%
8%
10574".
,
34%
1%
*8%
'10474
'16374
11,000
8%
>
*70
19
35%
36
35%
11%
1674
.
39 74
39
19
11%
1%
40
38%
1974
400
69
*68%
30
1674'
38%
ffl3 74
220
1%
3%
30
■
15%
.1,500
1%
4
30
1574
70%
109%
13%
13%
3.%
1.400
16
16
70%
Apr 27
1374
71
Jan
Jan
July 17
1237 a Sep
6
257a Aug 31
23% July 11
13% Jan
Holly Sugar Corp—
7 % preferred——
110% July
56% Jan
73
(Af——:—5
Hollander & Sons
Houdaille-Hershey cl
109%
69%
*68%
2,500
25%:
'
25%
13%
600
445 4
34%.
8%
:
.
42%
16%
33%
*1%
r
Jun
89
134
3
2074 Jan 21
3 6 74 Mar 4
The———1
- (Del) ——10
(C E)
,
*=44
.
70%
33
32%
1%
26%
.800
11%
33%
26%
'
111
11%
8%
*1%
Holland Furnace
42
44%
1
1%
Hires Co
200
42%
12
*1%
33% ; 33%
100
44%
17%
11%
„
23
74
*116
*108%
69%.
67%
11%
11%
*22
'
3% May
Jan
152
3
25
18
19% Feb
1074 May
174 Jan
12%
Nov
Jan
114
Hlnde & Dauch Paper Co..
I per share,
Dec
03%
27% Feb
168
Apr 24
63
preferred—-—No par
—10
conv
6
Jan
75
17
30
25
227a July 10
75'% Feb 25
Mar 11
128
6
8% Sep
20% Apr 24
-!.—
24%
*17%
70%
70%
111
*108%
69
69
69
*68
.
Hershey.
$4
63% Jan
160
—100
Chocolate———-No par
preferred
6%
300
121%
19
16%
16
*69%
109%
70%
109
16
15%
15%
15%
157;i
*60%
70%
*69%
121
*18%
*44
44 %
*44
Hercules
220
19%
4274
42%
42%
49
•44%2
*43%
.44%.
1,500
*22%
*116
*116
42%
42%
42
*43%
7974
130
Highest
t per share
108% Oct
Mar 13
2074 Sep 14
-No par
Powder—,——.—No par
Hercules
*43
17%
*116
5,700
9% Oct
6'/a Apr 28
274 Jan 28
Motors———
23%
$ per share
99
(G W) „————25
non-cum.:preferred——-—100
7%
44%-
.
*18.%
18%
17%
*17%
17%
*17%
*116
Helme
17%
18%
17
*43%
.
J pet share
Glass
"
23
*22
44%
*43
18%
18%
18% '
*18%
22%
22%
44
44
44%;
%
70%
24
*22%
24%
22%
*22%
%
Hecht
400
79%
123
*119
123
*119
*69%
-
70%:
*69%
70%
24
500
73
:
170
*128%
129
128%
'
*22%
/
.
80%
79%
80%
131
■■
123
*119
122
24
23%
24%
80%
*129%
*69%
70%'
*60 74
122
80
130
80
128%
74 129%
23%
24
23 %
23%
80
*128
Hazel-Atlas
'
Highest
.
Co————.25
.Co.*,——I3
260
23%
/
5,800
21
*20%
*163
170
*163
6%
107%
*70%
71
70%
70%
170
*163
170
*163
•170
51162
20%
20%
70%
73
*70%
...
107%
20%
20%
■100
8%
6%
107%
Year 1943
Lowest
Lowest
...
,
■:,'//•■"" 'Par
Hayes Industries Inc.,
1
Hayes Mfg Corp,
?
Shares
p*r share
*8%
678
10774
$
share
$ per
8%
6 H-
.
EXCHANGE
'
share
* p*r
share
'.
the Week
Range since January 1
%
NEW YORK STOCK
Sales for
Friday
Nov. 24
Thursday
143 74 Oct
9
135
i
1
J
35 74-
16%'
16%
16%
167%
17
17
17
357/a
34%
35%
34%
34%
34%
34%
113%
x97
74
97%
96%
96%
1.100
3174
31%
3074
30%
1,200
113%
96
96%
96
96
96%
96%
31%
31%,
31%
31%.
317'2
*31%
109%
109%
*90
*11074
110
102
102
*74
75
*74
75
*74
*
20
20
>117
120
177/8
6.600
Joy
20
20
"200
Kalamazoo Stove &
*117
120
10
1074
9%
10%
10%
*33%
34
34%
18%
*18
18%
187 a
187 a
24 74
*24
2474
•■24 7'a
*23
23%
*23
237a
173/4
17%
17%
*34
34%
*18
18%
300
200
100
>113
*24
25
*24
25
23
23
*23 7a
23 74
.
34%
35
34%
35
35%
*22%
23
*22%
23
22%
.22%
*22%
36
36%
36 %
36 %
36 7'a
35%
35%
36%
75
37
3674
%
37
*6
674
*6
*73
1.000
100
6%
/
74
73
26%
267a
26%
26%
267%
26%
2674
10 Va
10
10
*97'a
10
*9%
10
37
37
37
*36%
3674
36
3674
1,400
37%
37%
37%
37%
37%
37%
37
37%
*9%
10%'
10
10
10
10
477
8574
8574
8674
86%
93
92
95 V2
1,930
29/4
29%
30
29%
30
30
30
2,400
28
*27
non-cum
■
i
*9%
'
i
*84
2974
|
(
!'
1074
28 74
*42
43
10%
*28 74
I
S
I
'
.
11
4/4
*27
2874
*42%
43 74
*27
43%
1174
11
11%
28 74
*27
43 74
*43
•
11%
11%
431%
43%
& Co,..—
.——5
Kelsey Hayes Wh'l conv ci A—1
Class Bv.——
i
1
Kendall Co $6 pt pfd A—-No par
Kennecott Copper™
No par
Keystone Steel & Wire Co..—No par
Kimberly-Clark ,Corp———No par
Kinney' (GR) Co—
——1
(Julius)
Kayser
$5
prior
Kresge
Kress
preferred—.—-No par
(S S).
Kresge
100
11%.
—
4%
28
28
28
28
28
125
*124
125
*124
5
5
5
5
4%
5 7'n
'
1%
27%
■
j
1%
28
1%
1%
27%
28%
r
r'
1%
2.9
•
1%
2974
35%
3574
3574
35%
35%
357-8
35 74
20 74
20%
2074
19'%
2074
20
52
53
53%
52%
5374
53
53
50%
507/a
*50%
50 7,8
51
51%
*5274
7%
7%
7%
774
7%
7%
*4774
48
48
77
7674
76%
78
1
48%
*75
!
78
78
78%
'
7%
1%
2,700
13,000
1%
35%
20
20
20
52%
52%
53
53
52%
52%
1,600
7%
7%
6,900
■—
—
774
*47 74
*75
47%
48
77
77
35,900
CoJ———10
Dept Stores——:——I
(S H) & Co.—
—No par
Kroger Grocery
Bak——No par
181
180
180
180
31
*31
3174
*31
317a
47
47
47%
48
49%
39
*38
39
38
ntio-o
2911.
*31
-
*75
78
78%
180
180
38%
38
38
--
16% July
Jan
34
Feb
112
Oct
27
997'e Mar
84% Feb
15
101
Oct
16
70
Jan
3074 Nov
24
34% Sep
Nov
20
78
Aug
July
25
107% Sep
90
May
20% Jan
110
29
8
95
2!% July 10
75
Nov
87
July 10
58
Jan
74 Jan
4
10% Jan
16% Apr
27
20
674 Jan
3
19% Jan
1374 Feb
17
Jan
Dec
82
-Apr,
22
874
Jan
12%
*12%
Feb
25
15
18 74 Nov
121
574
19
Apr
19%
Jan
127
Dec
Jun
Sep
Aug
Jan
10%
Apr
Dec
29%
Apr
17
Sep
17
Sep
7% Jan
11%
Jan
29
14%
Jan
,2474 May
19% Jun 29
115
May 8
87%
Jan
16% May
Aug 31
24% Jun
May 18
19 74 Jan
3174 Mar
Apr
64%
22
39% Mar 11
26
29% Jun
Aug
26%
65
x26
4
25
111
79
Jan
Nov
147'a Mar 28
4
Jan
Sep
19 Va
124
19
13 74 Jan
20
Aug
54
1874 Nov
14
118 74 Nov
2
927a
21% Aug 18
3
5
66
May 25
109 7
102
113
Jan
Nov
10
28%
7
14
15%
Jan
4
42
Oct
3
3574
Jan
237/2 Oct
36
9
25",,,Jan
Apr
Apr
20% July :
7,34.. -July,
6% July,
/ Feb
17
7
/- l'/a
Jan
54% Jan
28
75
Nov
18
34%
Jan
58% July,
Feb
11
27 7'a Nov
18
18%
Jan
6% Jan
25
7
2%
Jan
24%
10%
27% Jan
4
37
Nov
20
237'a
Jan
32%
Sep
31% Jan
4
377a NOV
20
247/8
Feb
32%
Nov
Jan
17
3
22
7 74 July
.
1074 Oct
,
..
Sep
Apr,
c
5%
974
16% May
Jan
3
13
Jan. 14
104
May 31
35
Jan
Oct
62
73
100
Apr
30
July 12
17%
Jan
Jun
26
29%
__No par
Laclede Gas Lt Co——~,
29% Oct; 19
11%
Jan
19%
Jun
44% Jun
26 74
—100
preferred——
(The)—
Lane Bryant—
Lee Rubber & Tire—
Lambert Co
No
par
9 74 Jun
17
1774 Jan 19
5
38
Apr
24
Co.—,10
8
Jan
3
Lehigh Coal- & , Navigation
--25
Lehigh Portland Cement—
—100
4% conv preferred
—50
Lehigh Valley RR—
—No par
Lehigh Valley Coal.
-50
674 conv preferred ——
(The)——
II"—5
Fink Prod Corp
12% Oct'-
26
5
July
5
125 7'2 July
6
10774
77'a Mar 21
2%
31
21
Apr
113
Jan
26
7
4 74 Jan
3
1 % Jan
29
15% Feb
4
27a Jun 30
31
Nov 22
29% Jan
8 74
20
19
21% Jun 21
36% Oct
4
Jan
.
3974
Oct
Dec
9
Dec
Jan
29
July
Jan
120
July
Jan
834 May
Jan
274
1174
Jan
20%
24
Jan
32
14%
Jan
22%
Jun
Jun
July
Jun
18 74 Jan
5
Dec
Libbey Owens Ford GlassLibby McNeill & Libby,-—
53% Aug 21
Dec
par
Jan
Jan
4374
42
31
—No
14
3
Jan
par
3674 Feb
23%
38%
„Aro
53% Nov 17
Lerner Stores Corp—
6% Apr
Jan
Jan
4874 Oct
28
30
Jan
41
39
24
8
5
IIZ—8
83 74 Jun
27
Dec
71
Corp
300
Life Savers Corp
200
Liggett & Myers
1,800
140
r
31%
38
9%
26
21
Lehn &
180
4a%
16
38% Aug 28
22
1,600
78%
38
18% Jun
3
Apr
27
2,400
.
77
31%
49%
1374 Jan
107% Jan
Lehman
47 Va
48
31%
48%
'
;
1,400
■
7874
78%
182
fnn'nnies
5
600
35%
48
7874
31
"GVu'
/
31
48
46 74
*38
11,000
28%
29%
*75
*180
*180
1
11%
125
5
.
31
35%
1
500
44
-124
1%
l7ft
30%
*197«
I
11
28
125
27%
*124
'
i
i.
28%
1
Stores
-
29
125
*124
i
2974
2974
*27
.
•
*84
85
preferred—_—100
Kaufmann Dept
3.200
-150
—10
par
par
Furn
City P & L vf ser B™-No
City Southern——No
61
'
qouvv,-—100
—
-1
Kansas
1,300
1074
Mfg Co
Kan
250
75
*9%
37%
\»
74
100
23
37
36%
*37%
*22%
23
20
18.300
3574
75
x26%
1074
36%
1.400
18%
115
*9%
27%
*9%
6%'
3574'
75
75
75
27%
*6
6%
*6
6%.
6 "4
115
115
*113
34 7'a
36
18%
18
17%
17%
115
/,»' 5 % pref series B
600
18%
"
115
*113
:
10,100
10%
10%
34%
*18
24%
23%
10%
10 74
"3474
18'%
,.
120
3474
10%
33 7'a
17%
20%
*19%
10%
115
200
17%
■•*117
33%
*17%
5%
800
1874
19%
*113
!
100
preferred ser A—
Chicago RR stamped—100
Laughlin Steel——No par
pref series A—
.——100
82%
177%
118%
24'4
2nd
&
Jones &
82%
8274
118%
*23
477
Joliet
7.2C0
24
74%
17%
*19%
.-.
Johnson •&: Johnson————12%
50
'
102
Corp——_No par
.74%
82%
19%
17%
111
Johns Manville
75
17
*81%
xl6%
120
24%
241/4
82
82
23%
8274
16 %
*19%.'
*90
preferred——.———100
75
81%
*118%
*11074
111
75
15%
:
*112
102
24%
81%
.
110 74
*90
111
102
23%
23%
23%
23%
23%
*90
Jewel Tea Co Inc.—
4 74 %
*
—1
—No par
Jarvls (W 33) Co—
113%
*112
*110
*90
1,000
113%
*112
113%
*110
*108%
700
16%
*34%
16%
16%
*34 %
,
200
—-
Preferred
Lily Tulip Cup Corp,
Lima • Locomotive
1,600
LmK
Belt Co
3
677a Jan
174 % Jan
13
8
25
——
3,600
68 74 Jan
23
100
Tobacco,.
Series B
8
74 July 20
8674 Jun 26
182
Nov 15
"
26% Feb
31% July 1Q
21
No par
36
Apr
323
49% Nov
.No par
37
Jan
6
42 % Jun
—No
.Wks_——
par
27
62
6274 Nov
171
•227/0
94
8%
7374
Jun
July
July
Jun
Dec
18274 Aug
Jan
28% May
Ton
3474 Jan
AA.
43
July
THE COMMERCIAL & FINANCIAL CHRONICLE
Number; 4337
yolume.160
2307
NEW YORK STOCK RECORD
r
share
21% '
49
48
11%
11%
18
17%
18
18
18%
27
26%
26%
26'/a
26%
21%
21%
21%
21%
19%
19%
71%
71%
71%
72 v*.
71
48%
48%
49%
49 y4
48%
48%
11%
11%
11%
11%
11%
12
37%
36%
36%
19%
-:18%
19 Ye
,,
37 y4
37%
37% '
37%
19
19%
19
19%
162%
,162%
162%
161%
22%
■% 89%
*22%
23%
*22 %
19%
23%
22%
89
,X
Lowest
t per
1,500
Na
Liquid Carbonic Corp
.
Lowest
$ per share
share
$
11
12Va
Jan
21% July
15%
Jan
21%
12%
Nov
25% Mar
20
42%
Jan
64% July
Jan
51% Jan
29
14% Jun
7
23% Nov
10
58
1
Highest
S per share
shqre
per
July 11
22% May
19% Jan. 13
par
Lockheed 'Aircraft, Corp—
Year 1945
Highest
17% Nov 20
Lion Oil Refining Co__„. -__No par
23,800 >'
7,863
:
Lorlllard (P)
7ft
pur
1
73% Nov
3
52% July 10
12% Oct 19
37%
8% Jan
Jan-
3
38% Nov
181
28
17% Apr 29
-L.10
Co.
151
preferred
300
Louisville Gas &.E1 A
__„No par
89%
900
Louisville' & Nashville
^^>.100
Jun
29
300 /
MaeAndrews
6Va Nov
1
-
11% May
Jan
31
Oct
16%
Oct
21%
Jun
148%
20% July 13
a
Jan
12
8
24% Oct
5
' Nov
4
15%
Jan
22
90% Mar 17
Jan
20% Jan
69% Jan
100
23
89%
May
40% Feb: 24
_Aro: par
.—No par
Biscuit
Loose-Wiles
30
'
-
-Na
—
Long Bell Lumber A
v
3,900
-
Inc
Lone Star Cement.Corp^..
1,700
600
'
Loewis
:
1,500
.
162
*22%
89%
,89%
Range for FreYiout
Range sinee January 1
STOCK
Par
2,200
.
71%
"160
23
23
89
89
YORK
EXCHANGE
'
162 y2
*160
161%
*160
*89
*37
37%
19%
19%
,
%#
18
11%
11%
21
26%
49
72
49
18
*26%
20%
72%
NEW
Shares
s per share
per share
26"%
17%
26%
20%
«37
$
y per snare
snare
for
the Week
21%
73%
18%
26%
,18
.
r per
per sr^re
STOCKS'
Nov. 21
Nov; 28
Nov. 22
Sales
Friday
Thursday
Wednesday
■
Nov. 21
Nov. 20
Nov. 18
* per
Tuesday
Monday
Saturday
SALE PRICES
AND HIGH
LOW
59%
Jan
79
% July
July
29
May
164
3
163% July
M
*28%
:
29
*28%
29
29
29
v 2&%
.
*28%
29
•
*142
148
*142
148
*142
46%,
45%
45,%
30
30
29%
•45%
45%
30%
%
*142
148
46%
1
•
146
46%'
46%
,u
'
46%
30
30
30
30%
*107%
107%
*107%'
18%
*18%
18%
18%
18%
*18%,
18%
16%
16%
16%
16
16%
xl6 Va
16%
*350
8%
8%
8%
13%
*13%
13%
*13%
23%
24-
*23
24
*23%
3%
3%
7%
7%
16%
,15%
8%
3%
*3%
3%
3%
3%
,7%
16
16%
16%
■
1
...5
_10O
6% Jan
3
12% Jan
5
1,200
Maracaibo Oil Exploration..
8,300
Marine
Midland
1,090
Market
St
9,100 v
21%
21%
21%"
20%
21%
11,100
10%
10%
10%
10%
10%
2,400
40 ;
41%
21%
21%
41
21%
41%.
.41%
*27 %'
27%
"."-•
'27%"f'
9%
62%
62%
*gi%
*9%
9 %
.
*9%
62%
*37
*37%
38%
*37
38%
62 y2
'
28%
*28%
28%
30%
30
*17%
30
18%
52
*51%
28
■y
104%
104%
*12%
13%
17%
100
100
*99
xll%
100
94
94
*93
'
37
37
*37%
12%
13
13
13 y4
*49%
50%
35
50%
35
,34%
•
13
100'
35
*142
800
%"•
1,700
52
13%'
109%
5
60
600
.
85.50 pfd
20
23%
*142
144
51%
2
1
*110
7%
106%
19%
*2%
*35%
51%
*50%
15%
*1%
108%
19
106%.
*19 %
106%,
2%
7%
19%
24%
x24%:
78%
x35
24%
24%
79 %,
78
Jan
10%
Apr
4
100
Sep
8
67%
Jan
89
Feb
B w w
94
Oct
6
60
Jan
78%
Sep
38% Nov
10
27
Feb
34% July
Jan
No par
1
Jan
4
52% Aug 22
.No par
25
Mar
1
39
Aug 10
23Va
Sep
32% Mar
27
Jan
3
36
Oct
26
Jan
34%
Apr
6
5%
Jan
9%
Apr
St
200
7ft
*38%
38 %
*38%
28%
29%
29 '
21'%
21%
21
21'A
21
20%
v 20%
20%
20%
9%
9%
9%
9%
*96
98%
*96
98%
98%
98%'
*20%'
21
*20%
21
20%
20%
*81%
13
13
400
■;
400
9%
2,300
3
100
83%'
100
13%
12%
50%
50.
110
110
•
:
29
Jan
5
8
3%
Jan
11%' Ap~
26
17%
Jan
30%
Oct
1'7
75%
Dec"
7
107% Jan
113
Tool——No par
10
(John) Sa CO—
87
No par
;
16% Jan
72
Jan
4
20
Aug 12
70
May. 24
preferred
—Na par
Nov
8% Jan
3
43% Jan
5
11% Apr 24
110
July.15
119
Mar
121
Apr
106%
Nov
Jan
,
31% Jan
,13
9%
11 Va
114% Aug
50
July
39%
Oct
Jan
27 Va
Jun
Ja n
17
Jun
Jail
18%
28
21%
Jan
31
Mar
10% Oct .11
2%
Jan
7
Jun
July 30
33% Jun
Oct
100
Nov "
Jan
77
Jun
15
Jan
23%
Jun
62
Apr
July
79%
6
116% Feb 24
:
Apr
53
17
24% July, 3
84
24
—10
No par
No par
—5
Murray Corp of America
Myers (F E) & Bro——
Jun
Dec
Dec
33%
,
3
23
92%
113
24 Va Jun ,27
4
Not
116%
10
Oct
30
19
4% Jan
Aug 29
42
7
26V2 Apr
—„„n___5
:—1
Mfg Co class B
1
9
53Va Nov
21% Jan 11
15% Jan
3
Co,
Munsingwear Inc
——No par
Murphy Co (G 'Cl——No par :
434 ft preferred
—100
6,000
5
11
Corp
Wheel
Mueller Brass
Mullins
—50
Essex___
&
88% Oct
41% Apr 26
35% Jan
Nq par
3% Mar
39% Jun
3
19% Sep
—20
Jun
24
Motor
600
50%
*50
—100
Mills,—
$4 preferred series C—
-No par
Montgomery Ward & Co—No par
40"
21%
13%
50
8% Jan
.
Motor Products Corp,—
98%
'
13'A
July
Morris
98 yy
84
111 >
111
/
51
*50%
51
*50
50,
*82%
21%
*82
82%.
112%
13
13
12%
51
*111
113
*111
13
*50
82 y2
84
*82%
83
113
113
:
*20%
98 ■; -ft.
98
*20%
July
25
Jan
1.100
32
9%
9%
9%
98
Jan
%
7.666
21%
20%
*31%
33
*32
32
32
Jan
13%
111
119% Sep
Morrell
29%
'
9% '
■
38%-
29 '/»•
*20%
"•„.'
64%
Mopsanto Chemical Co——
7,000
28%
20%
Jun
114% May 17
110%'.:
21
8%
preferred ser A—No par
*110
32
Jan
Preferred series .B—Nq par
111
21
3
Jan
*110
*31%
5
25
111
*20%
Feb
9% Oct
30
,
117
*110
21
113 Va
7
110
31%
110
Nov
74% Apr 25
111% May 22
110
21
Feb
107
4V2 July
16% July
Mach
111
38%
107
13
21
23% July 10
Monarch
*110
*38%
23
NOV
Nov
5
400,
*112
29
Oct
113
'110
3
l
preferred series A-
114%
38%
10
13
Carpet
1.700
111
Sep
117
Aug.
14% Aug
53% Oct
'24
5%
Jan
11% July
6
34 Va
Jan
44
% Jan
10
%
Nov
Feb
N
o
,m
;
14%
*30%
14%
15
14%
;
30%
30%
31
31
18%
18%
18%
18%
9%
9%
9%
10%
10%
*10%
10%
13%
15%
23%
■
18%
23%
177%
*175
19%
9% ft
10%
■i
9%
15%
15'A
31 'A.
18%
31%
*9%
19
15
14%
23%
23%
23%
19%
19%
*175
19%
19%
12%
12%
12%
12%
30%
30%
30%
30%
11%
23%
9,700-
11%
11%
11
11%
31
13%
13%
13%
13%
13
24%
25
24%
25
24%,.
18%
19
18 %
*11%
35
,
18%
is%
18%
I8V4
.
*11%
12
*11%
35 y4
12%'
35%
*35%
35%
35%
12%.
12%
.,'.12%
12%
12%
178
,*152%:
*16%
'■*19%
'
*31%
6"%
•
64%
,176
154
*152
153
154
22%
177
16%-
16 y4
16%
19%'
1934
32 y4
19%
321/4
19%
*31%
,6%
6%
6%
6%
64%
64%,
65,%
66
12%
13
13
13%
25%
25%:
25 3
87
87%
87%
86%
86%
*90%
91
91
91
91
*'10%
10%
10%
10%
*10%
10%
10%
10%
15 %
15%
15%
15%
87
.
*29%
30%
105%
*29%
*104
68%
*103
30%
30%
*30
17%
17%
30
105%
68
107%
104%
*67
*106
%
*103
For
footnotes
107%
68
page
52tt
'
22%.
160
29
155
16%,
900
19%
32%
ioa
6%
10%
,6%'
20.80a
10%
15%'
30
30 'A
*104
105%
*67
68%
*30'A
*104
*67
107%
107%
*106%
104 y2
13
y<
7.100
25%
900
85%
,86y2
91%
240
'.91%
10%
.
30%
30%
x30%
17%
17%
17%
15%
31
105'A
68
2311.
17%'
107%
60
*
900
31
200.
i
30%
*30%t
17 %
*17
y4
ioa
68
*67
"107%
*103%
107%
,
—
160
<
31
17%
preferred A,
Oft preferred B—
12% July
8%
Jan
15%
Jan
23
Jan
176
400
1.600
31
17
20% Nov
6
3
17% Apr
18
8% Jan
26
Apr
18
Sep
14
xll% Feb 2-1
A—1
16%
5
Jan
Jan
——10
12
Man 15
-No par
30V4 Feb
3
Na pat
—No pat
Neisner Bros Inc.
—I
4% ft conv serial preferred—1Q0
Newberry Co (J J)
No par
5ft preferred series A
100
New Jersey Pr &. Lt Co 4ft pfcLlOG
10
1
Feb
5
11
19
Jan
7
3
9% Mar
*25%
Oct
36
24
14% July
25% Jim 27
Feb 25
179% Aug 21
Jan 18
153
Nov
21
Jan
13% Aug
14% May
21% July
15%
Sep
12
Dec
36
Dec
29%
Jan
Sep
11% Jun
70%
Jan
90% Nov
6
5
103% Nov. 14
164
Jan
17%
37% May 24
141
-
14
Jan
160
Jan
178 %
137
Jan,
150
Jun
20% "Dec
July
xl6'A Sep
22
19
23
Jun
27
14%
Jan
22
May
28% Apr
5
34
Jun
28
27
Nov
36
Jan
5% Feb
:
14
17% Apr
No par
Nchi Corp
Jan
9
—-.100
—,_100
No par
25
26
87% Jan
No par
Sep
Dec
6%
5
No> par
,10
10%
29%
14%
11% Jan
—,—1
Jan
Jan
14
.
Aug
July
Sep
21% Jun
%
10% Nov
25% Oct .19
14% Oct
20
13% July
18%
Jan
13% Jan.29
3
Nov
9%
19% Jan
Corp—25
National1 Supply (The> Pa__
c.10
$2 conv preferred
,1.40
5%ft: prior conv preferred—,.10
6ft prior preferred—
*100
Newmont Mining Corp—
162
33% Aug 31 r,
23% Aug, 21
No par
-No par
National Steel
Newport Industries—
Feb
xlO
Corp.——1
Nat Mall & Su'L Cast Co
No par
National Oil Products Co
,—4
National Power & Lfc—
24% Oct, 20
180% Oct
—1
Linen Service
Natomas Co
15%105
7ft
l.ooa
10%
*30%
National Lead Co
.
1.70O
10%
10%'
*104
preferred
National Tea Co.,
15%
,10%
•
*103%
31
.
3.90a
13'a
.10%
lG'A
15%
66
66y2
25%
92
10%
10'A
t
$4250 conv
National
*19'%
66 y2
National Gypsunv Co
4,100
177%
*31 %
,
86%
*91
*103%
107%.
'104%
17%
see
4,000
13%
a
10%
*15%
Nat Enam & Stamoing
100
12%
*153
''
*104
35%
102%
12%
preferred—:
Nat Distillers Products
9.800
.25%":'
86%
91
.
13%
25
,
Products—
National-Dept Stores.,
Oft
•35%
>,*16%
6%
.Gas Co
Nat Dairy
12
22%
19%
32%
66%
.24%
12%
National Cylinder
3,900
'
65
11% July
Feb
4
—No- par
——
•'
v
25
12%
*24%
15,800
18%
177%
16%
*16%
32%
6%.
1,200:
13%
25
102
•
155
*153
153
6%
19%
.-
177
'
'
*
3,100
11%.
*35 lA
:
101 'A
23%
101
.
23%
177%
*31%
:
20
32%
101
23
177%
*16%
16%
101
*176
23
22%
23%
23
178
,
102% 102 V4
102%
102
Nat Cash Register—
'
-
.,
Jan
8%
1
20% May 18
Mar 1
Share
National Container
35%
;
35%
12%
35%
12%
&
5,400
18% '
*11%
■
*35%
-
Dec
5%
13Vb July 12
15Va Nov 18
18
preferred-.
3,400
is y8
35%
*35%
35%
35%
35%
•
13
19% Aug
13% July 10
2
—100
7ft
Nat. Bond
12%
24%
12"
*11%
12
35 Vb
35%
Jun
40% Apr
19% Apr
8
Corp—No par
National' Can Corp_
——10
200;
1,900
'
•:
•
12
15%
Jan
3
165
30%:
*ny4
24%
18%
Jan
37% July 20
Jan
9
conv
12%
;iaTA
13
24%
6 ft.
30%
11%
12%
-
20
*19%
y,
24%
179
179
y
11
11%
Feb
6%
23%
9% Jan
preferred—
,....10
National AviaticuiL Corp—,——~5
National Biscuit. Co
—10:
23%
.12%
12%
30%
1%
5
17 % July
10 Vi Nov
Nat Automotive Fibres Inc—,i—1
3,700
•
12%
30%
National
1,100
5
28
——1
Co
1,400
Jan
13% Jan
Louis—100
2,200
14%
20 "ft"
*19%
19%
12%
30%
Acme
St.
f,
11%
14%
177,.
177
Chat.t.&
Nashville
ft Mar 30
'
*10%
23% "
23%
178
220
14%
*14%
23%
177%
Liquidating Co
Nash-Kelvinator. Corp
13,600
9%
19
9%
:
11
10%
15
,.*175'.
Nabco
:■■'■
31%
18%
5
9%
9%
•
!10%
14%
:■
%
is y8
*30%
-
■
j(!
15
%
31'A
15'A
18%
',
'
!
15
:
-
'
26
III
Mar 13
108% May 22
Sep 28
,
24
1% Oct
2% Jan
Mohawk
117%
28%
16 V4 Nov
44% Nov
26
17% Feb
400
*114%
*38%
105
Sep
Jun
58% May 29
4
36 % Apr
107
16
93% Jan
6.500
52%
July
No par
12%
'
42
Na par
Corp—10
35
81
12% July
19
Mo-Kan-Tcxas RR
24
Jan
•
6% Jan
Mission
*112
28%
5
144% Oct
1% Oct 27
26
No par
.
Apr
12 V2 Oct
M A y tc—No- par
SS
&
vie
1.600
115
38%,
P
B
Minn Moiine Power Iinpl-.
86.50 preferred
■
117'%
28%
8% July
Apr 25
46
4% ft. preferred series C——101
4ft preferred series .D—-,.100
,
*112
*38%
2
,
,
Apr
1st preferred
3.100
52%
37
.
July
*114%
■
15Va July 11
128
115
■'
4
Jan
Steel
2%
•
8% Jan
1
1st preferred-—-—i50
—,—
19%
79
'/a Apr 28
31
6
106 Vz
117%
9%
8
Co——5
Class
3.000.
•
19% July 20
12% Sep 25
4
*112
'
8
109
116Va Jan
*114%
■
Nov
Sep 14
3
(The.)
cum
115
31%
,103
30%
117%
*20%
14
31%
*114%
*20%
13% Oct
Jan
:
-V
107
*23'/a
%
'■
Sep
9
3
12
52%
11%
Feb
Jan
*112
52%
Jun
Jan
10
18%
115
53%
25%
~6%
par
30
20 Va
117%
52%
Jan
104 Va Oct
Aug 23
*114%
52%
Jan
14%
1
18
4%
25
84.50
52%
38%
28% Nov 13
55% July
Mar 20
Oct
Sep
July 10
79%
52% ''
6
16% May
50% Apr
113%
28 %
23%
52
Jan
47
Minn-Honeywell .Regulator
—3
4ft conv pfd series B—-—,-100
20
7%
7%
2%
.
•
8%
33
79%
78
6
13
23 %'
77.%
29
19% July
29
Jan
Jan
Jan
35
24%
78%
12%
36%
Jan
Feb
11%
14
Minn
■.
19
35%
12%
36
19%
104
23% Sep
113%
110
*106
/
•
12%
%
12%
36%
*24
■
.
"
12%
11%
36%'
,
3
3
3
7
27% Jan
1.100
:
110 1*
7%
7%
19
110
32% Oct
Petroleum——10
1.400
1 %'••.'
43
*111
*109%
110
.
*%0
.
.*111
13
Apr 27
21% May
——^-100
Minneapolis & St Louis Ry—No par
: 29.400
16%:
'
1%
43
;
113%
*110
113%
28
21
Products—___Na par
8ft
700
52
15
1%
42%
Jun
112 % Apr
Midland
10;
.
Oct
Sep
22% Aug
17% Sep
Mid-Continent
500
143%.
143%
36
110
Jan
Jan
Machine
Miami
3.900
35%
Feb
Jan
12%
Jan
ser
conv
Mesta
500
■
24%-V
24'A
■'
*35%
11%
•
106%
3
144-
x42%
1%
43
7%
.
19 %
19
2%
2%
110
110
*105%
105%
%
*111
7%
11%
13
21%
100
Aug
Sep
7% May
Jan
82
Merch, & Mia Trans Co
3.000
,'
7
*35 'A
,
14%
14%
43
113%
*110
*109
*19%
2%
Va July 10
44
July 10
II
6
Copper—-,—5
5ft
310
200:
35
.
51%
52
14
13%
43
*1%
*142
144
*50%
*111
*105%
60
70
Mengel: Co
37
35
35 y4
7%
176
Jan
8
2.600
52
*51%
*33%
23%
13%
108 %
Jan
37
16% Aug:
Melville Shoe Corp
'
Jun
Mfg,
13%
13%
July
May
27% Mar-
.
165
1
ft, preferred
1.100
6%
35%
43
113%
*111
*
Nov
9
10
Apr
No
—
36 W
35%
7.
24%
51%
*111
19%
11
18% Apr
Nov
Jan
Co.____
10
Mead Corp
—No par
86 preferred series A——No par
30
-
94
'
•
35%
,
July
97
Stores..Co—
McQuay-Norris
2.200
11%
100
*99
35'A
23%
1%
32
,__100
preferred
McLellan
800
: 17%
,
17 V2
$4
200
104
11 y4
ft"
37.
;• 34%
35
43%
July
Jan
23% Oct
109% Feb 23
McKesson & Robbins Inc.——.18
13%
24%
13%
%
1%
*42%
43 %
22
20
16
Mclntyre Porcupine Mines—...—5
27%
:
34%
51%
*51
31% May
Jun
29
14
:
37
*34
'
7%
7
,
*142
144
7%
29% Oct
McGraw-Hill Pul> Co——No par
*93
24%
35
24
Jan
110 % Aug
16
____100
52%
■;
*34%
24%
24
*34%'
13
7
7
,
Dec
3%
5
100 '
■
7
14%
7
18% \
•13%
94
51%
35%
34%
35%
34%:
10
30
Sep
64
4
32% Mar 10
1
11%
36%
50 y2
35%
50%
*33%
50%
*33
34%
y
37%
13
12%
*17
19% Jan
McCrory Stores Corp___
5ft conv preferred w w
300
>
6% July
Jan
106 % Mar
Corp
McGi'aw Elec Col.^
/
IOO
*93
94
37%
'
4% Mar
Jan
176% Nov
Mar
52% Feb
Jun
9%
51% May 17
500
*109
17'%
*99
r"
McCall
'
*37
12
8%
12
Sep
19% Apr
4% July
Jan
29
170
*
94
*93
Na par
$3 preferred
No par
$6 1st c\tm preft.rred__-_._No par
500
-
112
104
; 109
*17%'
11%
11%
11%
11%
11%
..,100
-.10
27%
y
:13'A
17%
17%,
17%
109
109%
*109
109
109
100
Wks..___.JVo. par
preferred—
3
.
Mar
9
37'% Apr
30
.
104
13%
ft
Dec
24% Mar
320
3Va, Jan
25% May
19% May
par
•51%"
52'A
*103%
104%
13%
11%
1%
Aug 10
27
8 V'4 Jun
21
22% Nov
Maytag Co
10
4
19
4% Jan
30
28
28
*12%
17,
Jan
16% Jan
27
18%
*18
13%
*99
19%
'112
30%
51%
28
17%
Jan
par
18%
30
*103%
109%
Alkali
Mathieson
300
y
37
19%
19%
112%
*112
;
104%
*12%
Jan
6%
13% Apr 27
:,..l
May Department Stores...:
110% '
28%, '28% «•.
V
28%
*19%
19%
28
51%
28
.
1
*109
36%
:
Corp
1,000
oy8'
110%
'*28%
28%
*17%
18%
51%
28
?103%
,37'%:
*110%
112%
30
30
*17%
51%
27%
3%
14%
1
—.No
...No
1,000'
62% '...
9 V«
•
'
18%
*51
28%
*112
112%
*112
*29%
37%
38
*19%
19%
*19%
112%
5
'
*28%
19%.
*19%
*112
9%
*9Va
9%„
15%
Nov
Nov
May 17
18% Oct 21
Co
1,200-
7ft
62 V2
63
*■: *110%
*110V4
Masonite
*173'/a
'
niovi
21% ;
'
(Glenn L>
Master Elec
900
27%
21%
•
21%
21%
Martin
Corp......
Ry 6 ft ■ prior pfd
Martin-Parry Corp
3,500
,
27%
*173%
*173%
*173%
41%
.
2% Jan
Marshall Field & Co—'—No par
10%
X2G%
par
7% *
21%
40
No
3 y2
10%
.
15
315
9'% Sep
6% Apr 24
Co:,.
'
16% .*
16'A
21%
27
Jan
5
21
13% July 17
24% Oct 16
10% Feb 14
18% Feb 24
10%
9V4
10
5
Jun
391
^-25
21%
62%
Oct
19
18% July
9
21
Bros
21%
:, *61%
Jan
Sugar
21%
21%
12
14% Jun
315
Maudet
18
21%
Jan
14
.
._._50
Manatl
18% k
178
Jun
Manhattan Shirt-,'.
ft 7%
'
f
4,400
.
18%
21%
,^10
CoDper___
Mahoning Coal RR Co___
18%
*173%
30% July
Magma
18%
40
Jan
800 "
.
.
18 'A
27
Jun
19%
107% Nov 13
18%
27%
Nov
37%
6
18%
39%
138%
Jan
104
18
10%
July
28
38Va May 27
18
39%
133
1
.
8%
*3%
•
16 %
7%
7%
27%
13
24
X26% Aug
13% •;
*23
7% /
7%
16
10%
47
27;
24
.*,13'A
.
'
.16
Nov
% Nov
148
Macy (R H) Co lire
—No-per
4xAft' pfd series A^,„__i___
100
Madison Square Garden_^_«,No par
'
100
16%
400
.
8%
8%y
,13%.:
*23
3%
20% Jan
29% July 21
6
21
"
8%
-7%
■
Feb
200
;
18%
*350
*13%
24
*23
25% Apr
.135
par
5,600
'
*16
400
8%
8%
*13%,
;—No
34% Jan
9,000
108
*18
:
13%
'
10
109
—
Tnicks Inc__,___-
Mack
'
*350-
400
*350-
; 400
107%'
.*107'A
:
*107%' 107%
107%
400
.
30%
3.0
,.
107%
*360
Forbea_»_
&
preferred-^*—
6ft
47'A
•
*18%
16
;•
148
■*142,
.
7
7% Oct
18
57% Feb
5
% July. 17
70
2%
.52
Jan
7% Jun
Jan
64% July
15% May
n%jyeb
4
July 20
17% July 10
24% Nov
20
30 % Man 16
14%
Jan
28%
Jun
79% Feb
4
89 % Aug
18
57
Jan
80%
Jun
62
Jan
88
Jun
183%
Jan
6
93% July
7
5 Va Jan
3
11% Nov.
2
9
Mar
13% Jan
10 %
Jan
19% July
11% July 12
13% July 11
9Va
4
12
4
107% July 13
16 %,
Jan
3
Jan
27% Apr
Jan
4
Jan
56-
2%
8
96% Jan
22
5%. Jan
4
Apr 24
16
Jah
25%
26
74%
Jan'
98% Nov
'
37
Jan
57% Sep
Jail
22
4
68
»
110
Apr
Nov
Nov
105 Vi Oct
32
7% May
6
106% Mar
33%
Oct"
6
26%
Jan
22.
July 10
10%
Jan
114
Oct
Aug
37% Apr
19-/2
Oct
<
Monday, November 27, 1944
FINANCIAL CHRONICLE
THE COMMERCIAL &
2308
NEW YORK STOCK RECORD
>15%
^107
'
*107
19%
19%
Xl8%
18%-.
18 Va
18 V'2 1
28%
28%
*28
28%
28%
28%'
1.000
90
91% f
4.300
28
28
26%
17
*37
39%
*38
*15%
40%
163
'
*37
162;
162
I
*79
79%
*79%
79%
*78%
BO
*78%
80
*18
18%
391
18 %
39.
*38
41
*162
170
79%
209 %
209%
121%
121% 121%
18
*55
56
*55%
56%
*55%
56%
*54
54%
*53%
54%
*53%
54%
8%
8%
8%
16
16
5%
54%
200
9 Vb
8,200
105%
*105%
16%
16%
16%
113%
*112%
1133'8
25%
25%
49%
*48
53
*50
13
53
13
13
6
900
.
'
'■
i
53
*50
—
■/
600
Ohio
9,900
onio
Oliver Corp.
106%
15
Jan
52
Jan
80 Va Nov
Oct
80
Nov
74% July
:
26
Jan
'May
13
Jan
Dec
.
32%
.'
Dec
132
63% Jan
28% Jan
24
May
.'26.% July
63,a. Jan
16%
1
198% Jun
19
Jan
14%
,.
42% Jun
20
10% Jan
-%
129
Dec
24
75
£4
12% Nov
19% Mar 11
14 % Jan
47'% Sep
26
213% Nov
2
38
162% Jan
116 % Jun
122
Feb
2
113
29
49
54% Sep
27
23
26
51%
Jan
27
7% Jun
9
Oct
56
105% Oct
Jan
4
xl3% Jan
3
7% Jan
115% Apr 24
15
x28% Aug 17
1
48% Nov >15
7: July 5
53
Oct 16
40% Jan
.
107
12
12% May
Dec
23V'o July
15% Jan
Jan
-
Apr
18% May
116% July
Jan
36
Jim
14%
101
91J4 Jan
6
31
3
56
Nov
20
18% July
Jan
4 % Jan
Nov
18% July
56Vv Jun
Va Jan
8
17% Jan
37 % Feb
122
48% Jan.
11% Oct
Jan
112
-<
9% Jan
>
20
52
100
July
192% July
Jan
'
19% Aug 21
•
15% Jam 10
.
Dec
•
26% May
Jan
23
33% Jan
183% Jan
-2.50
Norwich Pharmacal Co_
600
13 Va
i
.18% July 1 3
11% Jan 27
30% Jan 22
—
5,900
*12%
123%
3
•
——No par
50
Norwalk Tire & Rubber——No par
Preferred
'
—50
May
'44% May
315/2 Jan
Telegraph-
Northwestern
40
.
11
97% July 19
28% Mar 14
Airlines
Northwest
600
'
50
32% July 20
3
24% Jan
—
no
25% '
G
*5%
*50
*50
•
12% '
12%
6
*5%
6
*5%.
6
16,100
.
113%
25%
*48
49%
10
16% :
*112%
26%
:
107
16%
*48
200
55 V2
8%
4
Jan
:
pfd__
100
—.10
6% preferred series—
50
534% preferred series..:
—50
North American Aviation—
—1
Northern Central Ry Co_.
--50
Northern Pacific Ry_
.—100
Northern States Pow $5 pfd.No par
102
Jan
19% Jan
non-cum
Norfh American Co
27%
50 Vb Aug 22
21% July 20
62.
_
—
21% Mar
94% Nov
108% Nov 17.
3
Y
Adjust 4%
10
10,500
'
54%
9 %
105%
107
310
5:
15% Jan'
SLlpbidg Corp part stk—
I
,Nobli-tt*Sparks Industries—
_5
.Norfolk
Western Ry——_100
200
/■
55%
'
54%
1
9
•
of dep
Certificates
N
3.300
/
-
122
18 V V
18%
-
53
*12%
*1201/2
56
56
19
38%
212
211
*25%
49%
*48
18%
38%
;
113%
,
26%
*26
170
16%
112% 112%
*112% 113%
25%
'25%
48%
48 %
*50
*105%
*105% 107
16%
15%.
*105% 107
80
18 3/s
*53%
9%
9
9
280
:
122
18..
18%
18
20
Jan.
I per share
Dec
35% Apr 25
i 4 $5 non-cum preferred—rNo par
N Y & Ilarlem RR Go—
ISO
N Y Lack & West Ry Co——-100
■'
';"
.
80%
19
212:
*120%
122
*120%
18
17%
•'/'
39
*38%
212-
t
79%
79%
18 %
18%
39
■*
79%
80
79%
.
•
*120%
,
41
210% 211%
210%
/ ;
/
.
97
Y Chic & St. Louia Co
preferred series A_.
-100
N Y City Omnibus Corp——No par
New York Dock——
No par.
1,900
<
17
170
80%
39
18%
*18
210
*15'/a '
,
*37
79%
*78%
*38%
17,'
*163
170
*79%
*38%
27%
*15%
:
41"
*164
■
91%
27%
17
.
12
17% Nov 13
8
No' par
-100
Central-
share
Highest
t per share
$ per share
Jan
—No' pat
Brake/
York Air
N
'''
17.,
•
90%
28
27
26%
*15
.
•
91%
90
89%
i
26%
*26
17%
:, 33.300
19
*15%
..
New
New York
Year 1943
Lowest
Highest
13
Newport News Ship & Dry Dock—_1
;
$5 conv pieferred..
—No'par
''
.
28
89
88
'
.*161
-
* per
Par
1.800
!,
46 % !
*45%
•
2.100
/
'
'
108%;,
*107
46-'
" '•
;,v
.•
18%
'
27%
87%
45%
46
16%
16Va
110 %
*107
Shares
,'/
share
per
28
19
18%
*27
Z|.
16%
16%
1638
45
44%
44%
45%
..
per share
llOVa
*107:
110%
*
Nov. 22
Range since January 1
/ Lowest
EXCHANGE
the Week
Nov. 24
Nov. 23
NEW YORK STOCK
Sales-for
Friday
Thursday
Wednesday^
per share
16%
16
15%
i6y8
110%
"44%
s
s.per- share
per share
SALE PRICES
.•
Nov. 21
Nov. 20
Nov. 18
S
T"«sday
,
„
Range for Previous
STOCKS
*
AND HIGH
LOW
Monday
Saturday
41V4 Aug
6'
July
•
x3(4 Jan
45
Apr
Jan
14%
Oct
11%
Jau
21% July
3%
Jan
31
27
106% Nov
Jan
8%
Jan
24
16
8
O
105%
105
105%
*105
105%
105%
105%
105%
106%
16%
16%
16%
16%
24
24 VB
23%
106%
106%
16%
23%
16%
16%
16%
24 ',8
16%
23%'
24%
24
106%
106%
106%
106%
10%
10%
10%
105%
105%
106
106
10
10
9%
*12
23%
*154%
106%
12%.
'
*41%'
42%
*41%
42%
*41%
42%
*73 /
77
*73
77:
*73
77
*57
■■
42%
*41%
57%
,77
*73
56%
-
5G%
'
,
r
41
*73
i "
3,400;
•
''''
200
-'
Va;
56%
;
57%
Glass
Owens-IllinolS
1,400
—
20 Va Mar 22
15% Sep 14
23% NOV 16
No par
Co———
Outlet
77
10
104% NOV
pfd—100
28% Oct
5
108% Oct
105% Nov 15
16
8% Apr
99% Aug
18
8
11% July 19
106% Nov 24
8'{4 Jan
>
•
500
J
,
■.
41%
.
57%
5734
57%
57%
12%
23
*154.%
4.40%
Omnibus Corp
8,900
d50
12%
22%
*154%
Co
Co——:——.——Ao put
Oil
4%% convertible preferred—100
(The)—.—_t»
8% conv preferred A—
—100
Oppenheim Collins
.—
,—10
Otis Elevator.
;
No par
;
6% preferred——
—100
Outboard Marine k
-J—5
1,010
■
Z
10%:
106%
22 y2
12%
22%
12%
*154
.
/
106%.
105 Va
106
105%
>
24
10%
10%,
10%
•
...
22%
22%
X22% '22%
*153
•24%
*12
12
12
•12%
23
105
104
104%"
*103%
"
/,
16%;
Edison
18
14% July 1
is:
Jan
29
10% Jan
3
8% Jan
NO paf
Co:—,—12.50
11
46
>
19
54%
'
Sep
38
Apr
67%
"Jan
Oct
75 '
Jun
154
Jan,
64 „■ Jun
3
64
Jun
21%
Jan
15-Va
*28% Jan
/ Aug 25
43
8
.55% Feb
■'
142
Sep 26
157/
May 10
31% Apr 28
Dec
Dec
10%
3% Jan
24% Aug 28
19
Apr
141
10%
105
Jan
69
64
Jan
Ott*
July
*
'""'
P
v.
14%
*14%
:
•
14%
14%
*11
*10%
li"
*10%
11-%
*11%
41
11%
*40
40%
*39%
4134
*41
40% "
*20%
21%
20%
20% '
-
16
*34
34%
45%.'''
45%
30%
47 %
1
.
57%
57%
121
/
•
•
370
6%
6%
6 %
6%
16 %
*15%
15%
*15%
•
13%
13%
13%
13%
*13Va
48%
48%
48 %
47%
111%
111%
27%
27%
28%
30%
31%
31%
32%
1%
1%
1%
1%
30%
30%
30%
30%
22%
22
22
16%
108%
108%
19%
14%
14%
14%
14%
4%
4%
4%
4%
57%
*18
18%
18%
57%
29%
*25%
29%
V
29%
'
14
13%
62%
62%;'
62%
64%
14%
14%
14
*78
800
18%
200
29%
30%
11,700
30 Va
26
■'
200
67%
*67
67%
67 Va
67%-
1,000
14%
15
79
79
80
48%
48%
49,
14V4
65
64%
15
14 V'a
49%
■
-;v
14 V4'
:
14%
500
*79
80
500
48
48
900
5%
4-'
Pet Milk Co
27%
107%
*105%
*105%
*7%
"7%
9%
9%
9
53%
"20
23%
23%
56%
56%
56%
104
104
104
23%
x23%
56%
20
20%
20%
20%
26%
26
26%
26%
4.%%.' 2nd
119%
*114
119%
31%
31
.
31
90
89
*109%
15
43%
12%
*11%
135
*105
*85
106%
*106%
107%
*107
107%'
112
*110
112
*109%
111%;
.
9
85,
85
15%
.153
*115
*
15
*13%'
,
43
43%
.; 119
13 Va
*115
'-*12
12%
43%
43
*12
15
150.
Preferred 4 V2 %" series——-/. 100
Phillips Jones Corp——No par
1% preferred
i
——100
Phillips Petroleum——No par
Pncenix Hosierv—
——5
Pilisbury Mills*Inc—_—— /—25
$4
preferred /—•——No par
Pitts C C & St Louis RR—/-100
Pittsburgh Coal of Pa—/
—100
'
•
i
—.L
10
:
.13
42%
25%
25%
•
*11%
>
43
13
7.200
'
*25%.
.
VJ
Z
106%
*105%. 107
*105%
107
135
*105
*105
135
*105
6
•'
;•
82%.
*8%
8%
9%
84
•9
8%
87
*85
84
15%
5%
8334 -85%
86 %
15%
6 %
5
6%
84
135
*85
'
600 ;
25%'
25%
105%
J.-,'*;
600
:
-
,
,,
8.500
5%
30
88
Pittsburgh Forgings Co—-—/—I
PiUs Ft Wayne & Chic Ry—100
'
'
*15%
.
15%
15%
*169
*169
*169
*169
15%'
1.300.
,
*169
'
*189
*188
5%
5%
5%
'
7%
■
5%
7%
5%
*7%
.
*189
*189'
•
*7%
5%
5%
5%
8
8
8
95
*86
95
*86
95
47%
47
47
47%
48%
48%
63%
63%
63%'
63%
63%
63%
17
17%
17%
173V
18
95
*86
471
*62
17
*174
*174
11%
*76%
16%
*86
11% '
11
11%
11%
12%
78
78
78
78
16%
*17%
x5%
■
7%
16%
16%
16%
22%
22%
22%
12%
*76%
'
10%
*22
22%
10%
15
15
47%
18%*
"tt.i .sr
12%'
10%
10%
15%
16
15%
12%
16%
*15%
16
48%
48%
*49
50%
56%
56%
*119
57
120%
56%
X118
Pittston
2,700
.
80
20
17
1,200
.
56%
118
15%
49
,
—
—
Pond
poor
56 %
56%
*118%
120%
15%
15%
12,600
15%
15%
15%
15%
15%
15%
101%
101%
101%
100%
101%
101%
102
101%
102%
108%
106%
106%
106%
10734
107
llu
llu
110%
111
111%
111%
110%
110%
120%
120%
120%
1*>0%
121
120%
121
121
121V4.
For
footnotes
see
page
2311.
340
-
850
50
Gamble
—No par
of Feb 1 '29) — /.100
Pub Serv Corp of N J—No par
$5 preferred———
No par
6% preferred—
—..100
7%
preferred.
'
100
700
106%
1'0%
2d preferred
5%
930
108
1st preferred
conv
,
8%
pfd
(ser
preferred-,--^,,;-.—--—100
21
15% Jan
30
5
17% Jan
72%
Dec
2%
Apr
May
23% Jun
lVi
Jan
16
•
Jan
1%
Jan
17
8% July 12
20
51 Va
80
20% Oct
14
13
2% Jan
10
5
9
62
100 Vu
Sep
20% July
3V4 Jan
17% July 14
9%
10
45
33% Jan
IO8V4 Jun
112
Jan
13%
Jun
17% Mar
Jan
113
Dec
31% Nov 13
21% Jan
Jan
Jan
32%
Nov
8
17Ya
Feb
24'a
69 Va Oct
20
16% Oct
4
,5% Jan
23 %
5
26
15
6
Oct
3% Mar
Jan
1%
Aug 14
% Aug 14
18% Aug 18
25% Mar 17
55
May
60% Mar
Nov
3
Mar 17
19% May
6% May
Jan
18
July
29
Dec
24
July
.
32
16% Nov
Nov
58% Jun
111
37% Feb
■
Jan
20% Feb 15
16
.
27%
3
7
Dec
106
7
110% Mar 17
45%
Jan
2% Jun 27
31% Aug 18
46% Jan
1%
Apr
Sep
61% Ally
7%
Feb
Sep
'
67% Oct'
28 Va
Jan
59% July
5%
6
Jan
16% May
58% May
■
Apr
24
10% Jan
3
17% July 20
54% J:«p
4
88% July 19
33% Jan
5
59% July 19
19 /
Jan
28% July
23
Feb
26% May
6V4 Jan
/ 10% July
46.
/•;
23% Mar
105% Oct
7
Sep
V 7% Jan
6
34% Feb
5
6
15
3
9% Jan
41% May
,
107% Nov 21
;
10
12
>
5 Via
July 14
Jan
.
8%" Jun
,
62% Sep 25
July 5
40% Apr 26
20% Feb
.49% Jun
3
88% Jan
5
19
Oct
7
21% Jan
•
'
X513? Sep
91"a
Jan
24%
22
Oct
25 V
■
Sep
Dec
:
<
Sep
119% Oct'21
Apr
24% Jan
3
82
Feb 25
106
108
11
Jan
July 12
NOV
Aug-15
109%
.16% July 14
7%
'
48®'8 July
18
Jan
t
Jan
18
68% Feb
HV2Jan
164% Jan
183
Apr
4% Jan
88
i
Sep
45
Sep
57% May
11% Jan
175
Nov 15
16% Nov 10'
4
Mar
Aug 22
6% July
9®b July
3
5
Jan'10
99
14
14
3
61% Jan
66 % July
90V*4
14
Jan
*18%
Jan;
Jan
14% Aug
26
26
3
7% May
Jan
.
68%
Dec
9
Mar
Jan;
77%
Jun
Feb
r
15% May
168%
Nov,-
168 V/Nov
170
Jan;:
182
5 ■'
:
59
'
9%
4
4%
6%
Jan
Jan
Aug
90
Jun
July
52% May
Jan
75
Mar
"
Dec
7%
Jan
150%
Jan
1%
Jan
103'/ Dec
Jun
74%
20
•
16% Mar
168
Doc
23%
Jan
Apr
13
Jun
.
11 % July
16
11 % Apr
:
% Oct
8
19
15%,Sep 26,
50% Oct
59
121
18
July 19
Oct
10
18% July 10
:
4
Jan;'
6%
Jan
13% May
6 As
Jan
13
Jun
40%
Jun
*
58
Sep
Apr?
123
24%
Jan
48%
Jan
114%
Feb
11%
Jan
17%
Apr
75%
Jan
96%
Oct
13% Jan
3
87 V2 Jan
3
103% Oct
19
109% Oct
19
85%
107% July
3
Jan
Jan
4
3
Jan
114%.July
104% Jan
96%
24
108%
Nov
129% July
96
113% Jan
3
113% Nov
121 % Nov'
:
Nov
21% July
14% Jan
18
>
10% May
59% Jan.
24
,Allg 23
19% .July 11
25
May. 29
14
19% Jan 15
1
Dec
May
102",: Jan
•
Feb
56
80
May 16
16% Sep
; Apr
10%
Jan t:
.
5
Nov 15 1
175
3%
34V4
July
50
:
■
July
100
1
Jan.
(
Jun
113
July;
117%. Jun
Feb •'
42% Nov
10
22% Aug-12
6
52% May 19:
116
Mar 25
'
3 %
5
171
Nov 15
8% Jan
69
'.
21
190
3
3
6% Apr 25
82
July
10
•
25
4
25
J
102'
7% Jun 29
86% Nov
13
7 Va Apr
8
a
;: 26% - Jun
•
(10614 Nov-21
27
61
79%
21
14V* July 15
28
July'H
9
5
Nov
117
19
105 Va Nov
•
Jan
15
Apr
4
23% Feb 23
13% Jan
71 J Feb
i
104 %
HQ
•115
42% Sep
x98
July 10
Oct-20
37
!96
'
Mar 28
Apr
■
'
.11% Feb 14
.
Jan
18% Aug
26% Oct'21
117
•
29®a aiar
-68%
3
26
Nov
37
58% Nov.24
•106
May 16
23% May 13
V
20
24 %
14
25
11% May 1.7
35% Jan 10
—
100
Apr
43 Vi July
*
35% Jan
5
37% July
16
Mar 27
28
8% Apr. 25
conv
&
Sep
No par
.1
5
Procter
10
V2
—5
No par
5%
3,200
120%
Pocahontas.
ola^s B
1
——100
5%
15%
106%
Creek
fr Co
.
300
101%
*10
(The)'.
—„'^/_.
Pressed Steel Car Co Inc
16
49
107%
Co.
Preferred
Plymouth Oil CO/
200
22 %
*151%
*15%
120%
12%
1,200
16%
5%%,1st ser conv pr pfd—100
Pittsburgh & West Va—
-100
Pitts Young & A sir pfd—
—100
,
7,000
48%
56%
*22%
J'
,
No par
No par
/
1,100
10%
*15%
*119%
18%,
15%
*47
57
''''770.
10%
15% ;
120%
'•
15Va
47%'
56%
:
•
16
*46%
.
'
820
17
*14%
*117
95
48%
—
1.100
Pittsburgh Steer Co—:
,',7% ,preferred class B
,..100
-''%%■ preferred class "A.——100
1.300
.
63%
*76%
10%
15%
Pitts Screw & Bolt
1,800
,
"7%
.*174
78-:
;2?%
10%
15%
5%,
preferred.———;
.
*17V4
63V2!iM
17
10%
-
•'
*63
•-
*22
—
■
*86
48%
*174
*174
80
16%
*189
July
9% Jan
6% preferred——100
Pitts Coke & Chemical Co--No par
$5 conv preferred.
—:
No par
800
8%
4
13 V2 Apr
/•:
8.300
/
84%
Jan
July
93% Feb
.:
10
'
118
*25%
6%
83
15
117
'/',
2
4% duly 13
61
26
51% Apr 10
a—-3
Corp——
8
4®« Jan
—-..TOO
preferred
Pbilco
July
18% Feb
Philip Morris & Co Ltd—
—10
Preferred 4'4% ' series.——i_100
"
c135
.8%
15%
117
105%
80% ■"
87%
*15%
106%
(6
9
•'
4.100
113%
15% Apr
com//
1.600
32%
t.25%;(-i'25%
*105%
*8%
$1
4.4%
3.500
:
89 %i
,44
25%
v
No par
preference com..—.—No par
114% July 13
Jan
26
29% Jun
& Co lnc
Phila Electric Co.
10.600;
'
U9%>
32%
88%
*13%
85
*116
32%
15
1,16
105%
82%
119%
89%
112
6'!
26%:
31%
112
25%
6%
*26Va
89'%
105%
*105
26'/o
89
*11%,,. 12%
>.
20%'
89%
43/
44
20 Va
360:
*
*111
115
20%
31%
*13%
112
*13%
*112
t
106
68%
*109%
-
570
.
104%
31%
*106-%, 107%
106% ; 106%
17,300
23%
58 Va
105%
*115
119%
No par
——1
Phelps-Dodge
Corp
—25
Philadelphia Co 6% preferred_.--.50
$6
preferred-/—i——No par
(Chas)
Oct
105%
18
23% Jarr 27
p
Corp of America—
Brewing Co
Pfeiffer
Pfizer
700
31
89%
'■■■
*114
Petroleum
600
11%
21
preferred—-—100
200
7%
9 Va
55
26 %
26%
*115
58%
'.
20%
20%
26%
23%
58
105
20
55
23%
57
104%
*7%
*9
9%
55%
54%
104
106%
~7%
•7%
53%
27%
106%
*9
9%
103
*26%
*106%
7%
.)
53%
23%
56%
56%
*7%
9
53%
23%
23%
7%
9
54
*52
7%
-
107%
27%
*26
27%
*26
27%
*26
/
'
19% July 17
50% Oct 19
Jan
108% Nov
No par
'
*26
preferred——
Jan
26% Apr
———.100
-.100
prior preferred
5%
49%
*49
Jan
7%
10
-
5
2%
23 Va
Jan
1 %
Oct
17V2 July
8
Aug
3
27
1
Jan
35% July 10
6%
6
Pepsi-Cola Co
—1——1
Pere Marquette Ey Co.—.—.—-.100
6,500
65
80 %
80%
80%
48.
14 3/8
64%
*14%
14%
64%
700
27
•"
6% May
9
7% July 25
3% Jan
160
3Vs Jan
17% July 10
103-
preferred—_J——- ——-100
Pennsylvania RR———
—50
Peoples Drug Stores Inc
——9
Peoples G L & Coke (Chic)
_100
Peoria & Eastern Ry Co.——100
119% Sep
.
/ Dec
147
5
Jan
5%
■
25 Va
80
>'
48
61
*17%
•111'
27
64%
V
1,600
*26
14%
14
2,000
:
26%
15
14%
*13%
1,400
4 '/a
61
60 %'
18
29%
30%
67%
67%
67
67%
67
1,500
.-
■
14 Va
4
•111
*26
26%
*25%
27
59
18
18 %
29%
30
100
121% Jan 12
2% Jan
■
57%
18%
*111
*111
3,300
19 V4
*13%
*4 %
111
19%
*55%
56
56
*17%
19%
1,500
17 Va;
110%
110%
110
300
:
58 V4
*57Va
19%
1,500
;
7
17
17%
58
19%
4%
*111
22
"7
14
'13%
4% '
30%;
19
19
13%
*4
17
58
110
109
30%
.
7
17
*57%
58%
1,700
1%.
91% Jan
19
45
t
./' 28% May
6
Sep
Dec
Jan
6
163
Jan
45% July
Jan
46% Nov
3
109% Jun
16V2
31%
Mar
-
33
29
8% Feb
45% Sep
July
25'a May
Jan
•
28% Apr 25
East Pipe
10
Apr-
.,55
Jan
23 %c Jan
21
41% Nov
3
10
7
No par
f
28,000 ;
6,900
.
32
1%
22
31
7
58%
16%
17
*57%
:
■
28 Va
■31%
/■
22%
*22
7%
7
7
-,
200
34 Va Nov
4% Jan
—
30,800
10
27%
27 Va
7
19
13%
*108
1%
V
190
'
:
4%
58
58
14 %
12% Feb
Line—No par
5.60% • preferred
—100
Panhandle Prod. & Ref.__
—--1
Paiai'iine Cos lnc—
No par
4% conv preferred
100
Paramount Pictures Inc—
—J
Park & Tillord Inc ex-privilege—,~1
Park Utah Consolidated Mines.—i
Parke Davis & Co
—No par
Parker Rust Proof Co—
2.50
Parmelee Transportation—No par
Patino Mines & Enterprises
10
Penick & Ford
———No par
Penney (J C) Co—
—No par
Penn-Central Airlines Corp.—
1
Penn Coal & Coke Corp
10
Penn-Dixie Cement——No par
S7 conv pref ser A_———No par.
Penn Glass Sand Corp—:—No par
Panhandle
4
25
16% Oct * 3
/
117% Apr 27
149
Jan 11
Airways Corp—.—5
Pan-Amer Petrol & Transp
—3
5,700
Va Jan
23% Feb
2
13%
6% Jan
23%
48
10
25% Jan
Pan American
500
,
*108
31%
*22
108%
19
108%
i,
112
45/a
/
30%
'
17
108%
*111%
434
58%
1%
7
58%
108%
108%
22%
17
58.
*56%
112
4%.
*57%
4%
4%
4%
58
27%
30%
111%
111%
14
48 Va
Jan
39% Jan
•
Corp..———1
Western Oil Corp
—10
Pacific
3,500
:
:30
"
Apr 28
13
13 V/ July
7% Jan
.
.>14% Sep 19
19
3
15 Va May
,
•
Telep & Teleg——.100
preferred—/———-—100
Packard Motor Car—
18,600
:
Sep
17% Jau
Pacific Tin Consol'd
,
700
5%'
30%
6%
-
'
48
>
31
2,500
:
15 Va
5%
30%
13%
27
*57%
31
48
30%
7
5%
31%
5%
5%
31 >8
27% v
30%
15%
15%
•
'
5%
30%
*22
6%
*6%
6%
39
preferred non-cum—No' par
2nd preferred non-cum—No par
Pacific Finance Corp (Cal)—20
Pacific Gas & Electric—
25
Pacific Lighting Corp—
No par
Pacific- Mills———No par
-
Pacific
20
159%:
30%
-
3,900
*120
*159
26%
1%
'
120%
5%
-
>
159
*56%
■
39%)
38%
40
40
•:
1,200,'
r.
"
2:
159
*108
*1%
45 V
120%
4%
*107%
•
45%
3,100
121
;'
31%
4%
4%
•
,
■
159%
111%
112
111%
45%
13%
'
-
,
;
34Va:
47%
J
47
40%
40
121
5'/a
13% •'
*13%
16
34%
4534
30%
V.
*15
34%
;
1st
'
'50
v
159 %
'
121
*15%
5% *
5%
50
>
159%
6V'8
16
16
30%
30
21%;
21 V'a
21%
16
(
Amer'Fishertea Inc————8
Pacific Coast Co—_—:
10
Pacific
1,500.
C
-
43 V
42 Va
34%
*
45%' "45%
40%
'40%
159
6% V
6%
11%'v.,
43
*15
•
34%
34%
.
45%'
*120
;
121
159
158%
14%i
11%-
'11-%--
*21
■
16
14%
14%
-
*45
40% t
40%
*120
22
*15
'
34%
34%
«
*21%'
16
*15
/ '
*15
.
14%
14%
14%
•
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4337
160
LOW
Saturday
$
Nov. 20
* per
per share
Thursday
Wednesday
* per share
S
ver
115%
Friday
Nov. 2.3
Nov. 22
Nov. 21
share
STOCKS
PRICES
AND HIGH SALE
Tuesday
Monday
Nov, 18
share
Sales
Nov. 24
S
f ver share
115%
115 '4
115%
*114%
47 s «
46%
47%
47 Va
48 V4
48
48
Va
X46%
47%
153-4
15 Va
15%
15%
15%
15%
15%
15%
15%
"114%
*114
115%
"lOS3^
107
115Va
106 Va
"114
115 V-4
106'/a
"114
"106%
107
22?8
23
*15%
16
23 %"
23'A
23
23
*15%,
15%
15%
15%
116
106%
23
115
No par
37% Jan
par
14% Sep
109% Jan
13
(The)
26%
Jan
Mar 22
11
Jan
114
107% Aug 14
24?a Oct
.11
12% Jan
21
16% Aug 21
..No par
—No par
8% Apr
13
69% Jan
5
300
Quaker State Oil Ref
17,000
78 Va
10%
79%
8%
8 %
8.300
10
July 10
18
15
13%
15 Va'"
113%
52 Vb
14
6% preferred
100
5 % conv preferred
103
Purity Bakeries Corp——JVo par
16
$ per share
15
12
900
.
119% Feb
Jan
400
23%
'2
19% Jan
-
106%
23 %
Lowest
S per share
3
no
oil
"...
106%
23
*15%
pfd $5„_aNo par
rutlman Inc
116
"114%
106%
,
I per share
Pure
300
Year 1948
Highest
113% Nov
Pub Ser El & Gas
9.500
115
Lowest
Par
12,200
15 %
2
Range for Freriosi
Range since January 1
STOCK
EXCHANGE
Shares
per share
47 %
115'.
YORK
NEW
for
the Week
115%
"114
2309
Corp.
103
Nov
15
104%
Nov
Hiihest
$ per share
122
Aug
40% July
19% July
Feb
114% July
92Va Jan
»;
26'
107 Vb July
13% Jan
22Vb
10%
Jan
15
Jan
12% May
71% Oct
Nov
July
R
9 lb
79
*79
;
79
8%
79
89 %
90
89%
89%
89
33
33
33
32%
33
15%
15%
15%
.
33%
40
*33
*33
34
11%
*11
11%
*11%
*73
135
*13218
135 %'
;
74
74
*132Vb
74 Vb
*16%
17
*16%
23
22%
21
21
100
%
14%
•
74%
17%
;• •; ;
14%'.
21%
99%
99%
1
99
18
/
17%
17%
17%
102%
101%
101%
*100%
100%
100%
100%
10%
10%
102%
■
10%
10%
10%
,?
101
*99 Vb
99% 100
*83%
84% " •••'" *83«b
14% "14%,;'
V *14%
101
'
96
•
13
*38
10%
10%
102':
*100Va
13
84%
*84
'14 ?4.
97%
96%'
*12%
13 I-
32 Vb
84%
•
15%
96'/a
*12%
*38%
38%
*38Vb'
18
Vb
96%
32%
*38 Vb
'
320
13
39
*38%
v
18
*17%
.
200
4.500
39
*17V4
39
900
-
32%:
32%
18
9%
18
9%
18
9%
9%
974
20%
7 Vb :
20%
•
17%
*48%
34 %
52
7%
32 Vb
17
17 Vb
17
50%
*50
'35
34%
34%
,
7%
34%
8
34%
*107%
108 Vb
■
-
*44
114%
*114
*108%
110
*108 Vb
*21%
22
Vb
'
X35
*
>
110
*108
6%
6%
99%
99%
19%
19%
19%
19%
19%
15 %
19%
15%
6%
99?4
19%
1538
*15
75%
*75%'
12 Vb
12%
-
*14%
14 Vb
14%
14%
19%
75
*75
76
*75
12%
12%
Xl2%
12 Vb
*12 lb
*74
76
75
15%
15
*53
-
76
12%
12 %
.
*74
75
15
15
15%
15
53%
52%
52%
23
23
23%
23%
23%
23%
233/4
3?b
3%
3%
3%
*3%
3?4
31
31 Vb
31%
31 Vb
31%
32
32
29
*27%
28%
28Vb
28%
x28
28
*52%
23
*3%
31
*27%
13 Vb
*37%
.
3%
13%
13 Vb
13 Vb
13 Vb
37%
37%
38
/:
13%
38
53%
*53
53.%
38
Ruberoid
$2.50
;
Seaboard Oil Co of Del
2.000
Seagrave
12%
13
12%
13%
4 Vi«
4%
*39
40
*157 lb
25%
*16%.
162
*39 Vs
*157%
41
*158
25 Va
25%
16 Vb
'
-
34%
253b
26
25%
26 %
27
27%
27%
27%
55%
56
78
78
12%
12 %
12%
"12
Vb
*7%
*71
*
30
6 Vb
Vb
80
27%
27%
47
12%
Vs
6%
30 ?a
31%
27 Vb
27%
46
:
46
60 Vb
59 Vb
59%
59%
10 %
10%
10%
10%
10%
*73%
35 V ft
*58 Vb
34?«
35%
113
35%
35%
.
*113
113
58
58
60
75%
75%
74%
76
114
Vb
*57%
.
118 >'8
*114
118Va
*109%
111%
*109%
28? «
28%
29
*114
115
115
*113%
3
3
2%
64%
64 Va
65%
67
66 V2
67-
73%
74%
76 Vb
78
76 ?b
115
2%
63% Jan
11% Sep
16% May
73% May
9% Jan
6
15% Oct
7
5%
Jan
10%
July 11
31 Vb
Jan
57
Oct
17%
Jan
29
Jun
3
23
7
13% Apr 25
18% Jan
6%
8
2.200
.
200
Jan
2%
Jan
10
16%
Jan
28% Jail
6
Jan
4.600
60
5.200
76%
410
35%
1.600
115
60
60
500
iia Vs :
*110
29
111'A
28%:
28%
*113%
115
TO
5.4C0
2%
100
2%
*66
66 %
78
76 3.V
10.700
;;
Jan
40?b Jan
4% Jan
Sparks Withington...—.—No par
Spear & Co
——
—1
:
—
$4.50
Conv
preferred—'—No par
1
Square D Co——
5%
—
preferred.:
Squibb (E R) & Sons
..—No
$5 pref series A—
—No
$4.25 preferred —...—No
Standard Brands, Inc———No
conv
preferred—
$4.50
—
N<-
100
23%
5
32%
56
May
17
13
3
Jan
35%
Jan
'■
Jan
3
12 Vb Aug
50 Vb Feb
11
76 Vb Nov
6
33 Vb Jun
9
Jan
28
110
July 20
112% Nov
117
July
Aug
Jan
107
liO
Dec
par
va*
28% Oct
110
Jan
11
65 Vb
65
65
15%
15
1514
10%
10%
17
17
17 Vb
17%
17%
17%
10%
10%
10%
10%
10%
10%
17%
17
103o
17%
63
*126
17%
Vb,
63
63
127 Va
63
,*126
10%
•17%
62%
127 Vb
127
11 Vb
11
10
8
5%
5%
5%
5%
5%
91
9
9%
X8?4
23
23
70 Vh
*08
71
*20%
21
*30
31
*30
18%
18 %
31
31
23%
17
17%
56%
56%.
'
*126
5%
5%
8? 8
9
127.
5%
9 Va
900
30
pfd (4%%
Oil
8.200
Sunray
4.700
Sunshine
31%
*30 Va
31%
•100
*17%
18%
*17%
18%
*17%
500
Sweets Co of
30%
30%
30%
30%
30%
307a
3.600
27%
27%
6%
6%
see
page
0%
2311.
6 %
6%
6%
6:%
4.200
Superior
flnrm
X?
■
Amer
17% July
58% July
31 Va
2.000
27%
27 Va
1.500
Syivania Elec Prod's Inc.—
♦**«/tr
7.000
7% Apr 19
13% Apr 19
May
5
7%
Jan
14%
Jan
14
July
xl7
Sep
Jun
11% Oct
3
5%
Jan
10% May
20% July
5
5%
Jan
15Vb
48%
Jan
Dec
63% Mar
Jun
15
64
Oct
19
Jan
27
128
Oct
13
5Vb Feb
15
7% July
5
4%
Npv
6
Oct
5% Jan
3
10Vb July
5
3%
Jan
7%
Apr
Jan
22
May
May
122
Apr
130
Sep
27
25
Sep
26
66% Nov
16
84% Feb
2
58%
Feb
82
19% Apr
25
25% July
5
14%
Jan
32% July
29
Sep
14
33% Aug 22
26Vb
Jan
33
12%
8% Jan
4
20%'Sep
25
4%
Feb
12 vb
Jun
27% Jin
3
32
Nov
14
22 Vb
Jan
27%
Nov
10
33 Vb Jun
27
27 %
Nov
35%
Apr
26% Apr 18
5% May 3
33% Jan
5
22%
Feb
35% July
7% Mar 13
4%
Jan
R% Mav
10
(The)
Swift Interhational Ltd—***.
6%
67% May 18
54
No par
25
100
nn
31
307 a
27 e(5
3
12ya
Sutherland Paper Co
30?a
29
11% Jan
~9% Ma")
31% Mar
66
23
Superheater Co (The)..
Oil of Calif
Superior Steel Corp
*31
2714
62% Feb
Sep
10c
Co
30 %
30 Va
Jan
Dec
121
—No par
cum)
100
Corp
Mining
30%
27%
footnotes
A
30%
30%
Nov
25
Dec
May
1
Sun Oil Co
Class
1
(The).
100
27%
"5%
5
19
Dec
200
301 b
45 Vb May
14%
68%
27'b
60
Jan
17% Mar 14
20%
30 Vb
Jan
37%
13% July 12
68%
30%
46%
1
20%
18
July 10
58 Vb
10
Vb
31 Vb
38% July
9% Feb
21 Vb
31
Jan
15% Feb
70
18
28 Va
Camp Inc.—2—-1
5%
24
18 Vb
15
34% Jan
Stokley-Van
23%
31
July 12
40
6,700
*20%
"27%
For
Corp.—.
*68 3,4
24
44%
9
4V4
•
G%
——10
Sterling Drug Inc
Stewart-Warner
7^%
23%
Jan
Jan
11% July
21%
24
38%
10%
28%
35% Oct
*20%
23%
Jan
22
13
11.900
17%
20
39 Va
18
Studebaker Corp
56%
Nov
78?b Nov
67
6% Jan
1.200
126
6% Mar
28% Jan
11.300
17%
Jan
-No par
11
126
1%
preferred——.——.100
Ste^l Spring—— J
L S
Dec
1
5
18
Standard
31?'a
115% July
13
17
x56%
Sep
4% July
Sep
Jan
48Vb Nov
10%
17%
116
25
Nov
100%
115Vb Nov
17
9
21 Vb
11
14
33% July 12
4
11
5%
*20%
,2.500
7
28
11
17%
9V«
*67%
1.500
151/4.
50% Sep
14
2
40% Jan
10%
5%
*22%
•10%'
64%
Sep
64 Vb Feb
110% Sep
17
.
9
a
1114
Standard Oil of Indiana.
prior preferred———20
Stone & Webster—:
—No par
62%
127
64%
*15
.
27
2% Nov 21
1.100
14%
31
40 Vb Feb
(The)
July
70
112
33% Feb
Co
42
116% July
115
7.900
65
Jan
19
47%
'
Jan
Sep
Sep
Sep
May 17
54%
15 Vb
Jan
49
8%
64
111% Apr
47%'
65%
33
109
60
108
54 Va
15
44% July
par
48 Vb
65%
35% Mar
Jan
par
55
14%
38% Mar 13,
Oct 18
115
Nov
22
57
No par
4% %
Sep
Sep
par
Standard G & E Co $4 pref—No par
Starrett
Jun
9
prior preferred
100
6%
23
prior preferred...——No par
4.600
6%
61% Oct
$6
9%,
Jan
Jan
48-b Sep
$7
34 Va
2%
2%
29% Nov
14
3,100
116%
7% Aug 18
3
Apr
27
54 Vb
65%
13
26
55
147ft
66
N(iv
13
56% Jan
48%
65%
49% May
Jan
36 Vb Jan
47%
8? «
Jan
42%
22?b May 13
54
*34
35 Vb
3
Dec
48 Vb
*115%
19
35
54
,
58% Oct
80% Nov
Jan
48%
9%
4
21%
53?«
34%.
Sep
Apr
28
Vb
116 Vb
30%
32% Jun
54 Vb
9V4
Jan
5
31
*33%
30 Vb May
Nov
34% Sep
*115%
14%
Jan
61
—25
Standard Oil of New Jersey
25
Standard Oil of Ohio——25
9%
Apr
Jan
15%
15%
.
;7
12.400
'
25
10%
,
Jan
May
■
Jan
Dec
33
Standard Oil of Calif—_—No par
34%
21 Vb
29%
30% Sep
149% July
28
28
Sperry Corp (The)———_——-1
Spicer Mfg Co—..
—No par
$3 conv preferred A
.No ps"
Spiegel Inc
—
2
Jan
28
——No par
preferred
20% Jan
132
Sep
5.200
Va
,
Jun
7.800
116%
5
15
Jun
9
33 %
9
Nov
Nov
72
Feb
35 %:
*33%
Aug 18
43 Vb Sep
157-
5% Jan 26
55
$5.5)
100
—
32%
*115 Vb
43
6
35
9
15 Vb July
5
Apr
10 Vb
33%
34%
25%
5% July 12
36
117
Jan
14% July 17
33
8%
15%
3
35%'
*33%
39% July
27
141
24% July
23%
Jan
28 % Jan
5
(A G) & Bros Inc..
Nov
Jan
Spencer Kellogg & Sons——No par
80
*57%
15%
22% Aug
3% Jan
100
stk
Ohio
Jan
28
19
16
Nov 13
7%
76%
28 Vb
Jun 20
45 Vb Nov
12
Spalding
&
27% Nov
*13% July
45% Sep
29% Aug 23
28
1
non-cum
Jan
Jan
10% May
22
23 Vb
Jan
33%
*115%
July 19
22
No par
—10
Apr
May
16 Va
•
7
'
5
Jun
21
13
15
2% Jan
20
Nov
42% Jan
Sep
36%
'
6
35% Sep
8
35
12
30
24
10% Feb
28% Apr
4% July
Apr 19
33%
V8
55
♦
May 16
24% Apr
—No par
—
15
Steel & Iron
20
Railway
Jan
Jan
Jan
5%
900
*35
64
Sep
17% July
73% July
Jan
35%
9
14 % Mar 13
Jan
8%
33 Vb
34 Vb
3
6
9
5
78 Vb July 19
64%
36%
115 Vb
Dec
18%
25
33 Va
*9
Jun
90%
Jan
76 Vb Oct
36
115 Va
4%
Jan
5
27
33
*33%
Jan
54
*114
*47%
101
Jan
72
No par
Co
Jun
10 Vb
18% July
May
26%
59%
25
2
13
par
preferred—
2
Feb
9
7% Sep
Oct
5
24% July
par
Southeastern Greyhound Lines
16% Jan
25 Vb May 19
7
7
36
48
Mar
14
33
48%
112
Feb
36
"5374
Dec
tr ctfs—100
47 Vb
78 Vb
105
3.100
28-%
67
8
17.300
28
77%
Feb
Jan
110
28% July 10
*46
66%
'
115
3
400
2%
43
Nov
20
31 %
115
Dec
109%
No par
preferred—
100
110
2%
36%
17
16% Feb
par
July
107%
14
Southern
118 Va
115
-
84
'
2%
2%
3
20Vb Sep
2% Jan
Jan
22
22
28 %
78
*113%
Jan
90
Nov
45 Vb Nov
34 Vb Nov
-
29%
108
Sep
12% Mar
114% Nov
16
3
60
110
109
36?b Mar
47 % July
114
21
23% Jan
10%
*114
6
37% Mar 16
Feb
Jan
Jan
6% Nov
July kl
Southern Pacific Co..——No par
60
110%
9 Vb
36% Jun
78,100
10%
11814
Jan
35
18
76 %
*109%
:
7
109
27% Nor
105V2
5
21
31%
58
3
Sep
Sep
26% Oct
1074
57%
58
Jan
105
South Porto Rico Sugar——No par
12
*113
21
53% July 17
17 Vb Aug
*70%
35%
35% Nov
115
17
6%
113
50% Aug
24
80
35%
Jan
13 Vb Jan
47
113
Jun
43
22% Apr
*75%
•
Oct
18%
11
7.50
60
*114
110%
28%
75 Vb
35%
113%
28
Jan
California Edison.—,—25
10%
""
Jan
11%
51% Apr
27 Vb May 12
12
Mobile
.
20 Vb
13
7
Jan
8
Jan
30
9
19
45
12
12
2774
21% Dec
12% Sep
7%- Jan
Feb
Natural Gas
*59%
59 Vb
k
3.400
31
27%
19% Dec
Apr
30
•■/'
5
24% July
23
23
79
•'
12
July
17% May
97a May
27%
57%
8 Vb
5% Jan
Southern
*46 Va
29%
*114
6%
-'■
31
'
10%
:
6%
*8
80
*
47%
,
*70%
*71
27%
•
30
9
58%
27%
12%
8%
*59%
*113
*12
Jun
Typewriter-No par
*78
80
17Vb Jun
3
Southern
„
34 Vb
X33%
58 Vb
*79
6%
30%
27%
30%
57%
57%
80
*7%
■
80
30%
*45%
lb
*45Vb
8 Vb
12
6%
*7%
*71
6%
8
56%
,*78
Jan
8
17
5
8 %
17
34
39% July
14% Oct
14-
1.800
26 %
16%
34
Feb
9
19 % Oct
11% July
1.500
26%
33%
'
•
165
*158
33
56
400
41%
17
32
78
39%
26
32 lb
78
3.100
*41
32
34%
Jun
39% Nov
Socony Vacuum Oil Co Inc———15
South Am Gold & Platinum
—I
22.400
4%
26
16%
56
13%
17
25 ?«
16%
May
34% July
Corp—
Corona
Feb
15% July
93% Jun
Jan
Vb Feb
&
70
Jan
Jan
11% July
29
Smith
500
7%
80
32%
3
Coalition Mines
5
Co_j———
—No par
Corp——
Feb
Jan
4
preferred—.
98
Jan
14
Smith (A O)
2.500
39%
165
$1.20
Oct
9% Apr
5%
20?a Sep
Sloss-Sheffield
69V» Nov
Dec
88%
25%
48% Jan
Skelly Oil Co
28/
Dec
20% July
101%
15 Vb July 10
15
Oil
Sinclair
190
4%
42
*158%
162
29
13
3974
39%
42
84% Oct
76
Jan
35% July 10
(W A) Pen Co——No par
Slmonds Saw & Steel
1.100
%
43 %
29
4%
39 ?b
25? a
,
17
43%
13%
4
162
40 Vb
16%
25%
13 Va
-
40 Vb
40
40 Vb
40 Vb
40
4%
4%
4%
Jan
5
No par
1
—
.
Union Oil———
Simmons
700
14%
13
6
38
23%
12%
5%
Jan
Silver King
13.800
13 Vb
14%
■;
Shell
600
38
29%
12% July 11
103% Oct 18
25
par
(Prank G)——No par
Sheaffer
500
23%
*28%
3
14% Jan
3
Corp—
Shattuck
1.200
14%
29%
■
3%
28%
23%
29 Vb
'■ 600
4.300
32%
*23
29%
*39
„
310
*14'%
29
4%
110
1.400
14%
29
Jan
5% Apr 18
17% Jan 26
No par
Steel Corp
Sharon
700
54 Va
23, ■ ,-:i ■'
*28 Vb
73%
Jan
13
—
_——No
$5 conv preferred
—...—No
Sharpe & Dohme—
.—No
$3.50 conv pref ser A
No
13
43 Vb
14
95%! Jan
3
8% Feb 29
.
1.300
14
43
5
5
101% Nov
13
preferred
Savage Arms Corp—
4.400
23
44%
21%; July
103 % Oct
3
Jan.
Oct
36
10
Joseph Lead
Sears Roebuck & Co
14
43%
Apr
8% Jan
5%
Servel Inc—
23%44 >%
10%
Aug 17:
par
—No
1.000
13%
44
preferred
conv
5.700
23%
44%
Dec
4fVb Jan
16
—J
Va
14
44%
74%
pat
No
(The)
6%
23%
14
*23
Co
-Rustless Iron & Steel Corp
60
23%
*3%
37 Vb
Jan
28
—No par
Ritter Company
—
No par
Roan Antelope Copper MinesIII
Royal' Typewriter———
'3.800.
15
28%
*37%
-
42%
8
23%
13%
6
27
75%.
*32
13 Vb
100% Nov
43% Jan
53%
J
7
110% Jan
12V4
15
75
15
93
....ICO
—.5
Schenley Distillers Corp. new—3 lb
5% % preferred..
-100
Scott Paper Co
No par
$4.50 preferred
...
—No par
$4 preferred:
No par
76
*74
15
75
Jan
'
—1
Co
Jun
69%
6% Jan
Richfield Oil Corp.
'
75
'
Mfg
May
9
15% July 10
"
75
19%
9974 Nov
St
99
Jan
99 Vb July 15
15 Va
4
20
12.
.4
Rheem
Jan
14% Jan
11,
70 Vb Jan
conv
19%
6% •;
99%
6
22
22% Oct
Dec
Nov
9
Safeway Stores—.—.———No par
22%
22"
3
I
Jun
6%
x83?b Mar
120
112
Nov
23 14 Nov
Jan
200
*1514
19%
18
Feb
Jan
44%
*108
'
86% July
13% Sep
10
*115
•
Jan
1.500
109%
6%
6%
100
20
5,000
18.300
75%
6%
99%
8
52%
113,
*44%
22
83 Vb Nov
2.400
7%
*109
112
80
.,110
36 Va
99 Vb
6%
99 ?«
,
,
Jan
85 Vb Apr
300
73A
1'
22
22%
99
6%
/
;
35%
45
66%
35
34%
109
*114V4
'
110
22%
22%
'•
■•
18
17
52 %
8
135% Oct
50%
'
112%
35%
*4.4%
•
17
*49
35
109
45
110
;
7?a
35%
109
108Vb
*114%
•
17%
Jan
18
Reynolds Metals Co.———No par
.100
5 % % conv preferred—
-.1..
Reynolds Spring——
-10
Reynolds (R J) Tob class B
/' Common ————— -10
■2.200'
20%
50 Vb
;
Jan
.63
f:
6,400
33%
52 Vb
52%.
»112Vb" 114 Vb
35 ;;;
*44
'
'
;
8
34%
45
;
113%
7%
7% ■'
35 Vb
•"
22 Vb
17
49 %
35%
113'%
108 Vb
108 Vb
45 Vb
"113%
17%
20 Va
Jan
3Vb
■14% Apr 19
v
300
7%
*32%
33
22%
18
15
2.800
15
*7%
20%
*32 Vb
52% .52%.
114%
20 Va
'
5i
35
52
52
114%
.
15
7%
7
32%
50
114%
f-
20%
32%
17%
34%
*44
7%
20%
'
50
52
*113%
15
*14%
15
*7.% ':
20%
32%
20%
'
20
.11% Feb
.100
preferred—.
Nov
Nov
Jan
'
7 Vb
*7%
.
32%
*32
*14%
'
'■
30
32
12 Vb Oct
84
■
15
14%
15
'
71b
34
100
7% preferred—
——5Vtfy preferred.^————— 100
;'t
'
*14%
35
87
700
9%
9V2
Aug
22% May
Jan
prior pfd ser A—— 100
;Revere Copper & Brass—No par
'
18
9%
32
conv
6%
>
V 80
84%
*15
12%"
12%
33:
.
32%
9%
130
15
Jan
'
102
96%
Jan
14%
26%
16 : Apr 24
99% Jim
9
6%
...
—_
15% Jun.
26%
8% Apr 18
Inc—
Motors,
Jan
50 Vb Jan
RR—... .100
Saratoga
8
Dec
Jun,
11%
July 10
29%
14
Republic Steel Corp....——No par
7.800
18
&
Jun
Jan
20% Mar 21
1
Reo
'3.900
14%
97%
32%
18
9%
c
400
20
10%
r
Rensselaer
;2.600
100
102
84 Vb *
.
38 V*
■<
17%
;
'
101%
10V2
>
101%
14?'a
97
'J,
*12%*
■■.,■••
15.,
102%
'
15
32%
32%
98
•
10 %
101 Vb
21
39% Nov
90
_25
Preferred with warrants—
100
100 Va
"
*12%
1
Jan
54% Jan
17
34 Vb Nov
574 Jan
—1
*
101%
'
96%
'2.600
21
Feb
Jan
27% Jan
-10
Remington-Rand
18
3%
32% Jan
& Co
Reliance Mfg Co
*101 '/a
*100%
(Robt)
.33% July 10
3
59
10% July 10
15% Jan
1st pfd—— 100
■Reliable Stores Corp
No par
Rels
107% Jan
3
28
.100
...
4%
1
12% Feb
—5
—
600
100
97l/a
Hosiery.
Preferred
200
'
83%.
.84%
.,
*90
21
*98
•
18%
18 -
•
•
,
23%
14%
•
*100lb 100%
17Va
*22%
Silk
July 12
28 Vb Jan
,
Real
12
79% Nov
7% Apr 24
85% Jan 27
_—
260
102?% 102?4
10%
*101%
*16'/a
...1
...
.100
6% conv preferred-.—
Raybestos Manhattan
No par
—I
Rayonier Inc
—
-25
/
$2 preferred
—
,_50
Reading Company
4% non-cum 1st preferred—.. .50
4% non-cum 2nd preferred— -50
10
>
15,..
> 17%
;/
18%
17%
*101 lb
154%
74 %
99
of Anier
$3.50 conv 1st preferred
Hadio-Keith-Orc" mm
100
74%
100
97%
14%
14%"./;',
200
11%,
*145
21%
21 Vd
99
14%,
,
33%
11%
17%
*98
-
*32%
23 Vb
23%
21 Vb
-
3.900
74%
*16%
'■
400
17Vs
40
'
135
73%
23
33%
16%
L.000
*38%
11%
135
'
15%
33 Va
'
33%
,v.
'
/
99
,
14%
33%
*11
135%
'22%
100
*98
98 Vb
.
21
*99%
14%
*97
17 Vb
'
17
23
20 ?4
33%
700
15%
*38%" "'40
74
17
*22%
*99%
.*33%
17
34
15%
450
32
"30%
Radio Corp
400
89%
89
33
15 Vb
-
40
11%
89%
89
17%
16%
*38 Vb
34
*11
132 Vb
*33%
40
34
*38%
*
-16%
*39
16%
16%
33%
16%
34
*33%
8%
>33
15%
34r'
*15%
*
79
8%
J
89%
*32%
,15%
10%
79 !
8%
8%
8%
10%
10%
79
79%
'•>
8%
8%
10
10
9%
10
r'nrn
17% Jan
27% Jan
-
No par
t
1
July
.
4
RECORD
NEW YORK STOCK
LOW
Saturday
Nov. 38
Nov. •>«.
per
( per
share
8%
I
8%4
,"
'<
$
I
share
per
per
NEW-YORK
for
share
51
*49
/;
'
/'
*7%
7%
7%
7%
10%
10%
10%
47%
48 %
48
*5%
6 /
6
57B
6
35%
36
35%
17%
17%
17%
13 5 it
14
14
r
;■
■'
*213.1
:
18%
55%
,
!
8%
*49%
5%
5%
15%
15%
.
.5%
12%
12%
*121/4
*47 Va
!
4
4 Va
108
6.500
31 %.
31%
32%'
32%
33 V4
33%
48%
48%
48%
49%;
50
49
48 %
49
33%
33%
31%
23%
r
*16%
i>.'
4VB
9%
9%
23%
.:
9%
24
17%:
*17
17%
17 *
'
98
99
99
10%
10% :
10%
10%
18%
32%
!
9',8
10%
10%
3.600
18 %
18
18%
18%
25%
25%
25%
25"%
26-
25%,
25%
32 %"
32%
32%
32%
32%
32%
5.400
*102%
103 Va
103%
103%
*102%
1031/2
Va
9%
9%
9 lb
8%
9V'4
117%
103%V
103
9
9%
9%
18%
„
•
.
117%
12%
12%
12%
G1
61
61
13 %
13%
13%
14%
79%
80 %
*12%
61%
.
II414
117%
12%:
61
12%
61%
117%
12%
117
114
113 Vb
12%
4.400
116:
.520
•
12r%
58%
59
14
141/4
.4.100
80%
5.2C0
Coacli
'Twin
800
12%
•
Mar
6
13
33%
26'%
Feb
34%
Dec
1 Va
Jan
3
Mar
Jan
26%
Jun
108% Oct 28
I Jan
3
:
Jan
9.
15%-Jan
July
10% May
25% July
5
llVb
Jan
16%
1%
Jan
Vb'July 10
93 Va NOV
20 Va Jun
1
69
13
Mar 25
,11
3
Apr
4% May
6 lb
12%
13
25
Jan
99
Nov
9
5% Jan
"5
*4
8% Jan
6
51'/4 Jan
10
9% Feb
.7
May
9% May
Jan
33 Vb Jun
■
68'A Jan
90
26'
106Va Aug 21
17
'3
'4
50
Jan
265,5 July 10
21% Feb
28% Jan
Jan
Dec
Jan
6%
5
4
100
23%
40%
18% July
4
8S« Jan
15% July
103 Vb May
34% Mat
Jan
25'b Nov
25
12% Jan
'5
15% Mar
9%. Jan
94 Vb
20
33% Oct
17 Vb Apr
par
16'
July
52% Allg 18
10Vb Jun 22
'43% Apr 24
8% Jan 13
Corpi.%—_i„ —;_i
May
6% May
15
3
Jan
49
Jan
49% Oct 16
.,
3% Feb
Jan
Jan
3
85
Oct
9% Sep
8%
Feb
_1
95
Jan
3
100% Jan
par
Jan
4%
Vb Nov 20
117% Nov
Jan
21
July
34Vb July
Oct
Jan
77% Jun
Jan
6%
9% Jun
Jan
67
14% Aug 21
24%
101
11%
Jun
U
1
'
■
'
j/
|
■|
: 18%
25
July
8
5Vb Aug 14
33
Aug 14
17
July 7
Co—
I
1
4
,20th Cen Fox Film" Corp„ -No par
'.
-No par
$1.50 pnferred__—
-No Par
S4.50 prior pfd—
'Tain City Rapid Transit— -No par
100
'//v.7% ' preferred————
300
.
Jan
-No par
—.
Corp—______ 1. :No
Truax-Traer
"Tubize Rayon
12.400
32%7
;
2
5
preferred———.,——"..7,, .No
$6
;2.600
18 Va
9%
113
-
99 %
10%
32%
:
*102"a 103 Vb
;
99%
25%
18
25%
32'a
.
150
18
18
32 Vb Jan
10
—.
.Tri-Continental Corp"
10.100
10%
■
Axle
Transue & Williams St'l—„
200
4%
99%
10%
i'
';
17
V'"' 4 V4
4%
Detroit
TransConf'l & West Air Ihc.
•1.200
99%
.99
99
.
II'
17
4%
4%
4%
4V4'.
4%
Titnken
2.900
24%
;
13% Mar
Thnken Roller Bearing-—- -No par
„2
Txansamerica Corp—„—„.
2.400
9%
9Va
.24%.
24%'
'
25%
:
9%
9%
-
-
<•24
*17
4%
,
24%
24%'
.
17
9%
9%
,
10%
j
50
Oct
8
4"
6% July
13
10
-,
14
53% Dec
Jan
52
July 13,
8
19
Thompson--Starrett Co
i.",
V $3.50 cum preferred^—/— -N< par
—JO
.Tide Water Associated Oi%
-No par
$4.50 copy preferred—
,3.400
33%
54
11
.—
620
'
98 Vi
j
:'
108%'
108
50
!"'
2,800
15 Va
15%
v
,
Jan
Jan
2Vb
'
2.200
108%
:
6V4
35
1
18
Jan
par
31V4
13% July
-:28% Jitly
24
HV'a Jun
par
No
4%
•I
*9%
.No
30%
15%
15%
15%
108% .108%
43
July
Jan
9-% Jun 23
% 4'A Jan
Avenue Transit
6% July
41% July
.18
'16%-Nov
5
July 12
Nov
Jun
Apr
•
53% July
8% Jan
7%
Nov
v
19
Jan
33'% Dec
13
87
'Apr
8%
45
3.Va Jan
5.
117
31
20
.Thompson -.<.T R)„ 1,-—%
4%
28 %
V2
Jan
7
—25
30%
4
i
28
92
81 Vb Oct
Jan
41%
10
9% Nov
100
VTIrpmpson Product's
13% May
58
100
700
•
8% Jan
5
W Jan
27% July 15
5% Jan
100
48%
5% Mar
/ 24 'A July
12% Jan
preferred—... IIIIIio
Corp.-No par
Jan
167H Nov
■
50|V'4 Feb
par
S3 div conv
'Third,
600
12%
47.%
par
par
ti'/t 'preferred
'Thernioidi CO—1—-.
49%
5%
,4.7%
15 %
.
108 Va
108
108%
*108
«
*27%
3%
*49%
..."
5%.
12%
27%
28
49 7 it
*5%
4
.Na
5%
37VA July 14
191b Mar 16
19
■-No
.
7% .-preferred
V
1.200
8%
32% Apr
14% Feb
preferred—_ -No
conv
Jan
3
6-la July
8% Feb
/The Fair
10
40
87 i
28
,17iVa Jan
—
..
35
13
50
15
4% Feb
_A'o par
10
Oil
19
13
12% July
•
44% Sep
.
100
S3.60
100
.
<
118
47%
•
4
4%
3%
*49 %
5%
46 7 4
15
15
ft
9
87
8%
49%
*12%
46%
8%
'■
*5%
46%
,
27 Vb
*27
j;
■■
10% Mar 29
25
Sulphur—
Ry Co
Thatcher Mfg Co
200
,/j
12
Texas Pacific Land Trust—. ——-1:
800
18
3
V/. Jan
-No pan
Texas &.Pacific
2.800
22%
Jan
4
Oct
8% Oct
50
■
42
5
___
_
——
Texas Pacific Coal &
20,000
54%,
*11714
88 %
8 VI
..
*49 Vb
5%
4
4
,
'V
118
:
*86
86 f'
8%.
8%
49 7 it:
»12% ' -12%
12%
47
'
Texas Gulf
2.600
54Va
Corp—
(The)
/Texas GuLf Producing
3,600
18
v
,
9%,
*117
,
,14%:
22%
■
19
,54.
*9
9%
86
23Va
18
Texas Co
1,400
:
17%
X14%
Tennessee
6,400
5%
35Va
17%
14%
54
119
*11.7
86
8%
49%
!'
*
18 %
54%
*9
9%
.
96
*46'b
!
1
18
54%
x35 %
17%
,
23
23%
22%
5%
'•;
-
*5Va
*12Vb
1
14*%
(
*84%
*49
I ,'
!
17%
14%
'• 119
*117
*84 Vb
,*814
j
17%
14%
54%
*9
9%
117
117
17%
22%
•
54%
■
*9.
'
!
17%
14%.
800
10%,
47%
471/2
'
36%
36
36 Va
xlOVa
V4
6
6
•
36
*17% ,18% :
55 3'a
,./
i
'
6
48
X47%
48%
•
36
21%
22%
* 17Vb
;
10%
10%
10%
48
Highest
S per share
per share
8% Jun
5
50
—
$
$ per share
5
5% % partic preferred—.
Telautograph. Corp;
—_
40.
7%
Jan
7
700
-
'
7%
•
Talcott Inc (James)
300
,
51 '•
■*47%
7%
7%
7%
8 Va
8%
51
*47 Va
48%
48 %
*10"' a
47%
!"'
8%
8%'
*8%
.
51
I per share
Par
Year 1943
,
lowest
Lowest
Shares
f
'
8%
*8
*48%,
Range since January 1
Highest
STOCK
EXCHANGE
the Week
Nov, 24
Nov. 22
S per share
Sales
Friday
Thursday
Wednesday
Nov. 'l-l ;
t per share
share
Range for Previous
STOCKS
PRICES
AND HIGH SALE
Tuesday
Nov. HI
Mondav
Monday, November 27, 1944
FINANCIAL CHRONICLE
THE COMMERCIAL &
:3io
*13%
14
79 31
80
,;■'■ *113 «b
*113 Va
101%
*27%
31%
*107 V8
31%
*117
*22%
114'A'
'
119%
*118%
*113%
*118% ,119%,
114'A
*118%
114Va
113%
19%
119 Vb
19%
112%
113
114 Via
115
101%
101%
101
101
101%
.27 W
27%
28
107 %
31%
*22%
31%
IO71/2,
33V8
*1151/2
116 Va
*66%
*66
68
*24
26
*24
26
<•'24 %
1%
1%
37%
37%
37%
38 Va
38
'14%
14%
14%
15
15 Va
15%
105%
105%
*105
105%
*104%
105%
1/1
10%
10 %
72
72
72%
10%
10%
10%
10
10%
10%
33 %
33'A
33
%
33%
33%
84%
84%
84%
'
84%
85%
12
12 %
12 Va
12 'A
12 y4
10%
*33
44
106%
*6%
*10%
*106%
*15%
*74%
*182
13%,
36 %
28%
28%
*41%
*1%
46%
1%
1%
1%
47
'
132%
25%
*
:
75
18
*29
*102%
4%
104Va
15%
*15%
'
38%'
a
*173 Va
18 !b,
18
18%
18
12%
12%
31 Vi
*115 Ja
*13%
*13%
49
*48
*76
78
77.
24
*3%
56%
117%
59
*42
38%
*125
*146
v
176
*173%
18 %
18%
is
12%
39
12 Vb
%
•,
49
23a4
*13 la
14
12%
.48
*32 %
I4
*47'b
*78%
*78
'
*115 J!!
13%
"
80
83
■'!"
49
78
83
85
*23 %
378
23 34
24 Vb
*48
60%
60 Vb
44
43%
38%
38%
*125
127
:
*11'7%
61
.
*42 V b
38
*125
Vb
57
k
118
118
6.500
C 800
.
38%
_4
,
-I'
.
i'ji57'Vb' hf,
118-v:
38%
"
127
•
—
20
\
'
^_
:.•
:
57%
431/4
37%
125
—
•
4
118%
*62
~
::
•—
23%
57%
'
43%
*146
100
-
80
118%
—,
63
421,,
*125%
127
49
85
*3%
_■
1.700
14
*78
-
23%
38
*>
1.600
...
-
•'
61%
61
43%
:*146
*146'
—
;
33
116Vb
*77
,
23%
*3%
■
.
*42%
4
58
58
58
118
61
127
3%
3%
5634
38%
10
.,
18
12'b
<;%/:
116%
*115 J?
78
'•
24
117%
a
,.
18
%_
.
32
32
32,
1161b-
48
V
,
77
83
4
176
10
l.ano
500
2,000
•
450
130
65
2,400
;
125
10
noj>cum,
Jan
United
15
5
,
/,
Vanadium Corp of.Am
Van
Norman Co—
2% Jan
—No
.100
preferred—
Sugar, Co. .6 Va
Vick Chemical Co__—
.100
Ticks Shreve & Pac Ry
—
.100
1
5%, noh-cum preferred
.—5
Vidtor Chemical Works
Va-Carolina Chemical
—No par
.100
h
6% div yartic preferred.
Va El & Pow "$'5 -pref—•—'J— 100
Va Iron Coal & Coke 5% pfd— .1.00
7%, 1st
Vertientes-Camaguey
,
,
47a Nov
18 Va
Jan
*4
68
Apr
6
27
39% July
5
5
3
80'% Oct
11
Nov
24
176
Mar 20
162
July
July
17% Jan
V
4
2314 July
9ViJan
4
13 V a July 11
28
52
116'A Sep
.6
Jan
63 Vh Jan
15
Feb
12
2
11
1
,
21
70
14
—25
1",
•.
67c
42
44%
July
Jun
II
Jan
3% May
2& %
Jan
46% Sep
•
101
Jan
46
Jan
62May
64%
Jan
74
47%
112
Jan *
130
Dec
Nov
59% July
Jan
125
20 '/a
Nov
29
42 Ve
Jan
1%
.fan
%
July
Apr
50% Aug
3% July
J tn
3
Oct
56"
Jan
88
Oct
13%
Dec
20% July
2% Ntv
6% July
30% Nov
59% Jan
150
Jan
15% Jan
8%
25 '/a
Jan
Ja
n
Mar
115
41% July
75% July
165% Nov.
25% July
12% Feb
37% Oct
120
40%
Dec
Oct
44 Vb
Oct
Aug
Jan
65
Feb
67Vb May
26%
1
51% Mar 24
62% July 5
Aug 23
51
2% Jan
_Jan
39
Feb
6% July
68% July
7
14
120
38% Feb
17
63
Nov
22
Jan
21
44
Nov
16
27
Jan
40
38% Nov
18
29^V
Jan
35% Sep
20
80
Jan
110
Aug
113"
Jan
150
Nov
50
Sep
37
33
Apr
19
102
"Jan
,4
125
Oct
.100
149
.Feb
14
155
July
preferred
100
-—No par
No par
-40
Jan
3
100
X105
!—
37 Vb May
32
Nov
.100
Vulcan Detinning Co
Oct '
Jun
57
July 27
-25
preferred—-
9Ve
113 Vb Jun
,
Virginian Ry Coa—
Apr
8% July
25 Vb Aug
7
3 Vb Sep
-•
20 Vb
4
'
.21% Jan
Apr
85% July 21
80 V
.
'
7%
19%
114
Aug.30
Oct
51
25
3
5
14 V
.12% May 15
41V
5
Sep
119 Vb Jun
Oct 20
Jan
Nov
*42% July
Jan
Jan
Apr
10Vb Oct
44Vb
2.4% Jan
9
.10
4
31
3
5% Oct
4
3 V'4 Jan
23
104:% Nov
-•
18
14% Jan
par
2.50
-10
4
Jan
76
r.
48%. Feb
28
2 Vb Apr
_5
________
26
July 10
135% July 8
27% Aug 30
May 18
44 Vb Apr
conv
Vah Raafte Co Inc
63 7«
SOVAApr 19
xll9% Jan 27
1811 b
Jan
Jan
29%
Apr
99% Dec
19
Julj
75% Oct
Jan
8% Nov
6
61% July 13
7794 Aug 21
Jan
4% Nov
•
Dec
13% May
Jan
108
27
Nov
5%
Jan
4
13%
6
543-:', July 14.
149 % Oct 31
May 25
22
July
37% Jun
24
Stockyards Corp—_—l
preferred——No par
Universal-Cyclops Steel Corp——1
Universal Laboratories Inc.——1
r Preferred
——No par
/Universal Leaf Tob ——No par
1
8% preferred—-b—-100
10
13
Nov
69
preferred..—.25
Preferred1
*146
OVb Sep
% Feb
-50
.
———
United Stores class' A—
200
38
40
130
1st preferred
Ref & M!n__
'
43%
1
"
310
.
117%
7%
50
76
176
.
12 Vb
,
U
700
4%
39
75 Va
75%
14
14
*771b
24 Vi
4%
4%
*4%
176
U
200
:
—1
a.
—10
100
50
Preferred
—50
8 Steel ,Corp
——No par
Preferred
_____—100
8 Tobacco Co———No par
non-cura
$6
15%
Sep
20
A
10214
15%
15%
15%
*
83
56 V
,
39
31'b
116%
*47%
*102
30
Sep
Dec
100
Jan
39% Jun
•'%
Jun
Apr
76%
29%
Dec
5%
•
4.
,,113
A
Jan
■
168
v
18
-
•
29%
13%
103% 104%
38%
Vb
*11512
30
*
6
2% Jan
8r/c
■2.600
75%
12 V 4
117%
*77%
*173%
12%
*115%
4%
83h Oct
2
Plywood Corp—:
U S Smelting
800
Vb
38%
75
176
755
4 %
4
•:75%'
*37
76
75%
4 V'4
4-%
9Vo
59
43% July 11
Feb
Foundry.—-------20
Piaying Card Co
*———10
U 8 Rubber Co——
90
48 3«
*4734
4%
30
35 V'4 Apr
U 8
1.000
3
47%
I
4%
4%
5
*4%
25%:
4 Va
15%
*37
25%
4Va
4%
'104%
'
5% '
38%
26 V«
17.
18
Oct
29% Nov
5Vb Am
1
"_b-——10
1_—
%U'S Realty & Impt———No par
3.400
47%
48%
4 V>
'
132%.
26%
*4%
.
4%,
56%
132Vb
.Nov
,
47 Vb Oct
22.500
57%
132%
84Vb
17
July
9%
35
4% Jan
:
Jan
66
<
Dec
3V«
Sep
Dec
9
Jan
99
'
27,
48
400
57%
*74%
75
75
57
132;
26
*47%
48%
*15%
15%
76%
50%
50 Va
16%
26
Jun
3
i 3.700
50
5
3
300
50%
57%
26
:
4%
*102
104%
47%
14734
132%
132
,
25%
4%
4 %
47 V4
*146%
Oct
21
40% Jan
3.500
47%
147%
60'% Mar
17.
U S
1.200
1%
x47%
74 Va
74%
56 Va
56%
*4
4%
1%
10
Nov
51
;•'•■
15%
Jan
23% Nov
5
8
U 8 Pipe &
'/ 900
51%
50 lb
75
47%
48%-
*173%
*12
25 %
44%
Xl 47%
148
148
51%
51%
44
1%
preferred——!——100
Feb
Jan
2% May
35% Sep
96
Jan
5%
15%' Oct
3
h 110
38%
24
8% Jan 25
30% Apr 19
'.200
43 %
19
•
1
Jan
7.
182
Jan, ,7
5
<•
94% Dec
30!
21% Feb
34.Vi Apr 24
,
7%
5
July 14
88
,4
42
.
-
Jan
Jan
2%
107
10
Jan
Preferred
600
a
;
%
17%
11
12% July
4
Jan
Jun
1.
7% Sep
.3
SVb'Jan
X26
107% Nov 20
/
Mar 28
170
.
Jan
10,
Oct
45
>,'/ 7% Feb 10
70
18%
90 Vb Oct
15 Vb JUU
9.
97 Vb Jan
Vb Jun
11% Oct
19
14% Jan
69
78Vb Aug
>i
,
Jan
11 % Aug 30
11%. Oct 30
A:
Jun
55%
18
17% July
33 u.
Mayl
114
H
Oct
106
y
Vb Jan
U. S Lmes Co
200
♦
45 7
1%
48%
47%
,
148
•V
9%
26%
Jun
,1% July
19
16
"
3.900
45%
% Jan
8 • Jan .6
26Vb May 5
—No par
Partic & conv cl A
Prior
*
47
'
47%
■
148
.
:
77b
*36%
10
36%
*45 7a
1%
'
114 ;
,
,
1.500
;
43%
■'
1%
25%
'75%
36%
7%
29
*8%
*9%
36%
10 >,
36 lb
42 %
4 6%
*111%
•
7%
7%
7%
43
148
114
*111%
114
42 %
132%
*4%
28%
•
*9%
-
132%
*38
28 Va
*45%
132 V%
*15%
28 %
46 Va
*74 Va
56
.
28%
42%
55 %
*102
7Va
200
*45%
51%
412
li.600
7%
*41%
*74%
.55%
*4
36 %
7%
45
51%
,*48
36 Vb
7%
47
'
*147
*50%
37
7%
7%
10
9%
36% .36%
9%
52
36%
•
7%
7%
*50%
*111%
114
*111%
7%
'
Corp'—_—_5
5 Vb *'/c conv preferred—"——50
U S Industrial Chemicals—-No par
U 8 Leather Co
———No par
109
5
U 8 Hoffman Mach
'20
52
50 Va
36%
'
20
100
'
1.300
14%
13
4
—No pur
Freight Co—
; U S Gypsum Co
7 % preferred—
1,400
77
184
*14
-
*7%
28%
114
14
28%
7%
36 Va
45
76
*182
14
77%
*182 ;
U S
22%
10
38 Vb Nov
75V4 Jan. 12
Foreign Sectn*
—No par
$6 1st preferred
—No par
20
33% July
Jan
3
3
•114% Jun
•
16
19
Vb Apr 18
Feb
Oct
May
120Vb Aug 18
23V4 Nov 10
28
4
97
28% Mar
.40
Jan
3
98% Jan
Oct
17%
114
45 Va Apr
US &
900
1.200
16%
*16
184
76
75 Va
•
10%
93% Jan
34% Nov
Jan
—10
Jan
Jan
HOVb Sep 20
18
Feb
1141b
*24% Nov
70 Vb July
28% Jan
79%
24%
10
33 V4 Nov
95V4 Jan
■
11
29% Nov 24
»
5
—100
Faperboard——
Oct
1
May
1
preferred
102% July
1 Vb Jan
r
Apr
Jan
Mar 23
6
Feb
*118
80%
31% Apr
•
Jan
22
Nov
22
pur,
Gas Improvements Co —13%
United
>'
106
106
'
16%
16
7
5%
160
107%
..,
36 Va
36%
7 Vb
United Merch & Mfrs Inc'—"
50 %
?
50'/a
36%
7%
*9%
107
*106 v
14 %■
14
•
*36%
'•
16%
184
*182
.
14
*49%
*
7%
183
13%
United
2.600
10'A
10%
*10%
10%
107
75%,
75%
75%
*182
9.300
43%
*6 V4
'
74%
12%
107V4
15%
No
United Fruit Oo—
/,,2,000
43%
10 Va
107
/United Engineering & Fdy,_
a
12
7
—5
113
July
22% July
61
_100
—5
Coal Cos_,.
85 V
*43V4
*6%
Electric
United
.
16
59
Jan
19
20 % May
4
12
86% May
Jan
102 Vs Jan
/
11%
Dec
15%
100% Feb 24
110
Jan
105%
115
6
22% Apr
Jan
8
Oct 28
.,115
20%. July 6
6
.——No par
Preferred
460
6.200
10 VA
Jun
25% Jun
42
*76%
20
Nov
..
102
Va Feb
26
10
100
84%
10714
*107
.1,900
70
%
600
43%-
'
10'A
lOVa
50%
28
;
6%
*106% 107
15%
15%
183
*36%
*111%
44
107 %
10%
15%
*13%
*7%
12%
*6%
107
*49%
.
85
:
106%
'
„7
:.74%'
44
44%
*106
10%
10
9%
200
10%
70
73
9%
69
.
6.200
-
3
92
Corp—No pur
Corporation———/Vo pur
$3 preferred—————No par
United Drug Co———5
/
$1.75 preferred
'—No par
United Dyevood Corp.—
1
9.000
15%
106
93% Jan
Unlted-Carr Fast
38%
15%
*105
—
119
'5
United
17.400
1%
38
38%
200
26
1V4
1%
1V4
Carbon Co
United
19
14
28;
14% Nov 13
82-'% jun
17% Sep
preferred
; United Biscuit Co———No par
5% conv preferred
100
■;
Feb
■
Jun
66
:;
7
109% Feb
-100
cony preferred—
4%%
190
"
68%
*24
26
,
1%
1%
5%
United Air Lines Inc
,
Sep
113
5
'
200
t
*67%
68
*66 %
,
76
'
200
8.500
23
23
123%
*111
67%
400
29%,
31
*111
*110
101%
32%
117
22%
22%
23%.
*110
3.100
*106%
32
*116
'
118
30.100
3.200
Va
31%
.
32
32
*116%
118
107 %
107%*,;
31%
United Aircraft Corp—
Union Bag &
;
,
60
194a
107 ya
31%
31%
31%
31%
108
•1,600
Paper—^___ No par
Union Carbide & Carb—Wo par
Union EJ Co of Mo.$.5 pfcL—No par
Preferred $4.50 series^——Na par
Union Oil of California—
.—25
Union Pacific RR Co
100
4% lion-cum preferred-—100
Union Tank Car—
—No par
113%.
29
28'
27%
—No par
Under Elliott Fisher Co
900
115
111 Va
111%
101%
V
119'2
*19 VA
19 Va
19 Va
If)
79%
80%
80
*118'%
19/
111%
f
6
20%
'
Jan
4?
Oct
Oct
w
581 b
59 3
4
59»»
59%
12%
*
12%
*12%
12%
*29%
107%
*64%
65 3 a
19%
19%
8%
For
*
4
59%
59 7
a
59%
12%
12%
12%
12%
*12V4
12%
30%
30%
107%
*107
65%
65
65
*19%
8%
see
page
19%
*19%
8%
8%
2311.
1.500
59%
106 V2
3%
footnotes
59 3
30%
30%
*106%
59%
30
30 %
65 Vb
65%
30
30
*107
..
19%
8%
8%
€6%
*19 Yi
BVb.
67Vb '
19%
600
Waldorf
System
'"500
108
68
RR 4%%
.
30
107
19 Vb
19%'
8%
.
107
108
Wabash
10
4,900
•
:
300
2.900
Walgreen; Co
4'<
preferred
—-
Walker (Hiram) G & W——No par
Div -redeem preferred——
No par
Walworth
Co
No va*
60
48
12
7V4 Jap.. 3
14
24% Jan
40%
July 10
7% Jan
20% Jan
11% May
30Vb Nov 13
1
Nov 14
Feb
4
17 V4 Jan
Nov
12 Vb
10%'Jan 19
26Vb Apr
Nov
22
Nov
107
.
Dec
28 lb July
22
38% Jan
54%
Nov
9
27
15% Jan
4% Jan
18% May
10% Jun
68
X20
•
9%
Oct
Jun
•
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4337
160
RECORD
YORK STOCK
NEW
STOCKS
LOW AND HIGH SALE PRICES
Saturday
Nov. 20
•'
y per
S per
share
*9V4
9%
$ per share
share
9%
9%
Nov. .22
Nov. 21
,
f
.
28
Nov. 24
NEW
1%
54%
9%
*9%
12%
13
31
31%
Ward Baking Co cl A
200
10
24
24
24
24%
24
19%
20
20%
20%
50
30
30
30
30
30
>29%
30%
108
noo
,100
<
110
111
*100
101
101
f
118
•••
117%
;•
V
32V4
•
31%
4
t
9%
'9%
2.900
1.000
Wesson
82%
/
25%
•
-
f
42%
42%
25%
25
•
28%
•
4
I
16.300
I
110
110%
101
*101
101%
117%
*117%
118
32%
25%
*24% "25%
*24% ;
28%
27%
102%
28
27%.
103%
103%
103%
103% 104 :
*136%
138%
*136%' 138%
33
*30
109%
107
107
107
;
37
-
110%
*110
111
*1': J
107%
*107
107%
55
65
65
65
70
30%
30%
30%
30
*81%
*811/4
81%
81%
82%
.
82',4
82%
S3
>
83
•
20%
20%
*20
24% '
24%
8%
8%
84%
*82%
■84%
29%
29%
*28
'^V.
6%
•8 %
81/2
*82%
30%
*8%
7
7
13%
14
*12%
12%
'85
7%
v'
'
7
7
}
-
|
■«%
•
*
1.600
6%
14%
14%
14%
14%
10%
10%
10%
10%
99% V 991/4
*12%
12%
12%
'99
12%
/
*125
*20%
42%
42%
42%
36%
36%
36V2
78%
77%
78%
82.
79%
81
20%
*20%
30%
*20%
42%
42%
42%
42%
35%
35%
.
Wiloox
•43
35%
36%
*771/4
78%
80
-
78%
80
80
■
78%
*79
•
Jan
16% Jan
4
28
1
109
$6
500
Oil
,
800
3% Jan
36%
4.500
83%
83%
83%
83
83
83
83%
*•73
74%'
73
73
73
73%
72%
72%
31%
32,
31%
31%
31%
32%
32%
32%
12%
12%
12%
12%
12%
13
12%
12 7'8
*18%
18 %
18%
18%
18%
18%
18%
18 a,8
36%
36%-
36'/a
106
106%
17%
37%
37%
38
38%
5%
5%
37%
5%'
and
asked
5%
32%
.•
.
y
•.
;.
•
:
j-
•
1.000
4.500
220
19
81
Jan
ioo
144
Oct
4
120
Jan
136
Jun
36
Jun
24
31
Jan
40
July
13
32
July 21
22%
NOV
29% May
105!i4fan
12
106%
Jan
101% May 26
39
38%
38%
2.300
19
July 17
52
Mar
60
Apr
3
104% Aug 25
85
Jan
99
Oct
7
32% July 10
18
Jan
24% July
66% Fan
28
84% July vl4
58% Jan
71% July
22
15
Jan
20
13%
Jan
22% Aug
18
5%
4.500
Deferred delivery
: •
• ...••■•
....
•
n
New Stock
r
CMb sale,
5
•*
•
.
_
Week Ended Nov. 24,1944
Saturday-——
„
—/
Monday j..
—
Tuesday
—.
4% Jan
14
.362,220
21
9
Sep '39
July
6
115
'
■
Bbnds
—
Sales
$4,172,400
$6,000
309,000
22,000
9,960,900
■63,000
10,188,900
16%
8
58
Apr 26
78%
Dec
1
68%
Jan
70%
27% Mar
6
36% July 17
21%
Jan
31%
Sep
7%
Jan
17%
Julj
9% Apr
25
-—
Total.
Apr
3
20% July 14
33% Apr
24
96
Jan
6
13
No par
Bep
15% July 20
14% Jan
Jan
3
5
30
Jan
41% July
21
82
Jan
98
Nov
Jan
16%
Jun
Jan
37% July
4% May
42% July
106% Nov
9%
18% Aug 30
19%
44% July
6% July
wdWhen distributed.
K-Ex-dividends.
y
2
Jan
Ex-rights.
ExcSiange
Bonds (Par Value)
(Number
1944
Foreign
ot
..
Shares)
,
Domestic
108,505
225,980
277,015
334,920
$188,000
403,000
561,000
533,000
373,000
8,000
8,416,900
$1,440,000
$99,000
$44,243,600
Foreign
Government
Corporate
Total
$2,000
$192,000
$2,000
28,000
2,000
208,805
FridayTotal——
—.
IQ44
4
$2,206,000
1944
1^43
-2,939,533
227,704,848
$56,500
$5,382,800
1,440,000
'2,787,000
'32,787,300
93,'771,000
2,274,508,300
1,155,225
Stocks—No. of shares—..
$3,1°1,875
596,000
15,000
1943
809,
y
486,000
$20,000
$88,000
$2,314,000
Jan. 1 to Nov. 24
1944
1943
t
GO'4?1
61,735,868
66,221,411
'257,459,550
$99,000
607,000
"
471,000
1,155,225
dan. 1 to Nov. 24
1943
433,000
1,000
35,000
23,000
Holiday
Thursday
3,362,670
Railroad &s industrial.
Jun
87% Mar 14
74% Nov
108
'
par
25
1
•
Bondt
Bnva
Foreign
Jun
57 Ya
46
Week Ended Nov. 24;
U. 8. Government
54
44%
4
.
Monday.
Holiday
Week Ended Nov. 24
Stocks—No. of shares.
25% Get
Jan
Jan
8
84
Wednesday
1944
Jan
82% Nov
69% Jun
Dec
24% July
•41'% Nov 13
No par
121
42% July
5
No
Apr
Jan
5
Tuesday
11,504,500
$42,704,600
Jan
4
Nov
86% Oct
11%
Jan
Jan
•
Sep
Jan
17%
20% Jan
47% Jan
49
9%
Jan
30%
No par
.100.
Jun
Jan
44% Oct 11
—
234,000
3,362,670
4%
3
3% Jan
Saturday
333,000
8,035,900
Jan
57%
36% Jan
33% Jan
Week Ended Nov. 24,
9.629,900
677,880
24
5
——10
■,
9,792,900
'
——
Bonds
$191,000
;
Total
Bond
Government
11,270,500
691,840
125
Oct
6% July
9 %
'14
Sep 25
19% Apr 27
Apr
2%
99 % Nov
123
27
2% Jan
14 % July
.—10
Oct
86
Stocks
Foreign
$3,975,400
x20 %
5
pfd—100-
7%
Jan
Jan
40
30% Aug 29
9% Apr
5
4
Total
863,720
"
—.
Wednesday—
Thursday
Friday
'
2% Jan
5
13
87% Oct
27
10% Jan
v
Bonds
Shares
9% July
24
Jan
24
Jun
•
" ' 767,010
;
...
'
•
and Mtscel.
July 18
29% July 7
x64% Jan
-No par
Special sales.
a
7
Qaity, Weekly aid Yearly
United States
Railroad
Number of
26
80% Jan
-
;: vDsily, leslly and Yearly
Stocks,
7
Jan
77
Trasisaclions at the flew York Curb
Exchange
v.
Feb
5
Zonite Products Corp.
a
Feb
20
:
Zenith Radio Corp.
5%
Jun
59% Feb
11% July 10
Youngstown Steel Door
112%
8
3
i
17%
5%
4
Nov
107
Jan
Mfg. Co—
17%
•
110% Aug
July
20% Feb
Sheet ft Tube__No par
preferred series A
.100
5%%
24% May
15%
10
8
York Corp—
2.100
Jan
2.9% Nov
Apr
108% Jun
Youngstown
"37'/a
Dec
20% July
Young Spring ft Wire
106%
tin receivership,
..."
•••
10.000
18%
17%
TransasiisRs a! ffse Itew York Stock
!\
1.700
12%
37
17%
prloes; no sales on this day.
32%
12"%
*18%
106
5%
37%
■
72%
Towne
24%
25% Jan
par.
series
*72%
ft
Oct
Nov
22
3
Wright Aeronautical
Wrtgley (Wm) Jr (Del)
Tale
11%
49%
7
pfd 4% % Conv series—100
50
Apr
Jan
Feb
.
■6%
Jan
5%
6
ODel)
Dec
2%
No par
P & M
Sep
31%
37% Oct
5
3
53% July 10
31% July 10
.——.—10
Co
'500
37%
38%
5%
17
6% July
16 % July
Oct
110
8
—5-
84%
*'81%
106%
37%
37%
17
19%
*Bid
106
17
106%,
"17%
5%
37%
37
*106% 107%
106%
81
*79%
Jan
8
: 20
J
pfd 4%%
Prior
Prior
-
*81
\
800
500
Jan
19
31% Nov
—i
(F W) Do_—
Worthineton
78
103
127% Mar
*
a
—No
iron Co_2.
Wooiworth
Feb
16%
Jan
4
,13
7
Apr 24
x91
11%
July 10
Nov
35 % Jun
3
7% Jan
41
—20
«
preferred-
Wooawara
s.Soo
- :•
Oct
Jun
97 % Jan
—
Wisconsin El Pow Co 6%
•42%
36%
Oct
87%
119
par
Mach Corp
Co
Wilson-Jones
20%
*77
Feb
26% Apr 25
No par
'
v
Nov
Nov
par,
Motors,
42%
37%
99
8% July
26% July
Jan
"
*76%
*79
Jan
57
-100
Wilson & Co Inc—...
*20%-
•
67%
109
-100
Willys-Overland
12%
32%
21
3
—No par
14,700
I
*125
5o%
20%
*20%.
Nov
1
99
v
111
118% Sep 18
JVo par.
—
preferred
Prior
:
.99 %
:■
12%
12%
*1241/2
*124%
*99
.
Aug
16
101
No Par
17.700
14%
10%
85
103
12,50
$4 <conv preferred
;
14
preferred—.
preferred
$4.25
White Sewing
200
'
Instrument
Elec
White Motor Co
760
10
30
*29%
Dec
Jan
% Nov 14
1
—No par
—
4.900
*8%8%
*83
30%
10
98%
98%
*124%
8%
85 %.
*29%
13%
9%
98%
98
8%
*83
20%
50%
1100.
...
150
(83
30%
Jan
9
2nd preferred—100
Wheeling & Lake Erie Ry—
5V2% conv preferred
Wheeling Steel Corp
$5 eonv prior pref
White Dental Mfg flFheS Si.
10
3/400
10
13%
9%
r
25
1.
8%
■
5
Apr
3
i_50
preferred—;—.—1-50
partic
$4.50
50
30%
84%
.
7
•:
7%
25
8%
•
84%
*281%
*
*20
25%
.79%
Nov
83
85 % Jan
—10
*Vestvaco Chlorine Prod
-
25 y4
24%
24%
*20
.20%
*20
20%
24%
v
'1st
20%
25
*20
Jan
Jan
26
25% Jun
113% Apr
,
No par,
_100 .
Supply 'Co-
non-puna
Weston
104%
104 %
Jan
69
100
Westttighouse El & MIg—.
«—
<70
265
*104% 104%
104%
2%
17%
3
3,800
-
100
29
5
Sep
July
"9
21
luO
*104
26
Jan
Westtaghouse Air Brake,
i
29
Jan
10% July
7.300
*
28%
17%
11
Apr
6
20
400
28%
20% Dec
3
22% Jan
300
107%
"
23%
Jan
26
10
111
*107
Jan
12%
19
Oct
.31
Feb
I
29%
.29%
15%
Aug 23
20% Nov 22
96% Feb
100
.Maryland Ry—
4%
■23 '
■
29%
July
15% July
32%
18 ! a Feb
-1.00
pfd
Jan
Dec
7%
25
:
ivhiy
2% Mar
56
22
27
6
Western Union Teleg .class A_No par
Class B—
No par
}
!
104%
104%
13
Jan
83
—-100
—
Jan
77
1
Western
5.700
1
..i
*104
Corp
Auto
200
t
138%
■
28%
*104
sugar
14
Jan
6% Jan
par
JVo par
No par
'
110%
109% 110%
*106%
*65
32
29%
25%
*136%
*106%
*109%
70
32%
30%
32%
•
Jan
26
22 % Jan
—No
Western
500
|
■
27%
103 %
:
a 38%
29%
42
41%::
23
preferred—1.—-
>6%
■; 60
1:200
f
4%
42%
25
West Va Pulp & Pap Co
500
.
i
11%
*11%
11%
.
-
x4I%
27%
28%
*32%
29%
31
*65
11%
■>
*
«4
4%
4%
11%
*25%
•••.
Highest
t per share
/
?
■,
32^4
32 %
*
v
110
-v
43
102%
138%
*31%
*29%
32%'
32%,'
*1361/2
102% 103V4
*136%
25
>*■
32%
*109
25
15 % Apr
.
Power -4'% %
West Penn
160
*
24
*23%
23%
110
.70
'
1
■f.
22 % Apr
5
1
7%,. preferred
6% preferred
120
.
No par
Oil & Snowdrifn
Indies
West
July 30
15
33% Jun
West Penn Electric Class A—No par
160.
%
*108%
4%
.
421%
42%
-
•
*11
28
28
;
Jan
%
May 18
11% Apr 24
$4 conv (.preferred
200
26%
*81
*99% 100;
23%
23% / 24%
11%
-
4%
2% Aug 21
62
22% Feb
5
Eiserilohr
Webster
23 %
112
101
109-V 109
•
•
32%
4
*11
:
42
'*24%
?•
32
•
4
11
4
11
109
*108%
109%<
32% 1
.
23%
'•*23%
23%
23%
$ per share
11% Mar 31
9
27
Jan
No par
Wayne Pump Co
.500
100
>
; 117%
118
'30%
45
-50
Pictures
Waukesha Motor Co
1.100
4
*108%
$ per share
27
1% Feb
par
—
Washington 'Gas Lt Co
'700
24%
20
preferred
23%
26
■:
*109
101
32
30%
82
25^4
.
100
117%
;
117%
25%.
■
*31%
$7
9%
/
82
-
100
109
109
82
25%
■25%
24%
,
101
11.7%
*81%
82
*23
'
.
23%
9%
.
'23%
23
100 V, 100
108%
-
9%
9%
:
23%
*811/4
100
•
9%
9%
*23
24%
24%
Fdy & Pipe
32
30
100
Bros
Warren
13%
31%
19%
*80% > 82
Warner
1.500
12%
31
23%
9%
25.400
12%
19%
23%
13%
12%
31
23%
9%
13
12%
19%
f'2'i
700
1.900
31
24
-No
1%
,58%
58
12%
*30%
Jan
8
No par
Class ■B——
1%
58 %
57%
19%
*23%
1%
*1%
57%
1%
1%
,
57%
t per share
Par
Lowest
'
1%
57
1%
55
Year 1943
Lowest
Shares
'
*1%
54%
Range for Prevlotu
Range since January 1
Highest
STOCK
FORK
EXCHANGE
the Week
$ per share
t per share
per share
*9%
10
••9%
Nov
'
Sales for
Friday
Thursday
Wednesday
Tuesday
Monday
Nov. 18
2311
42,704,600
$44,243,600
■
$2,206,000
Domestic—
$3,488,000 $153,628,500 $199,663,000
Foreign government-
88,000
138,000
9,210.000
12,029,000
Foreign corporate—.
109,193,600
2,899,239,700
20,000
10,000
1,196,000
1,256,000
Total-
$'35.,63Q,800 $2,872,862,100 $3,011,625,175
i
—
$2,314,000
$3,636,000 $164,034,500 $212,948,000
Slock And Bond Averages
Below
listed
on
are
the daily
closing
the New -YGrk Stock
averages
Exchange
of representative stocks and bonds
as
compiled by Dow, Jones & Co. f.M
-Bonds-
-Stocks10
30
November
20—.
NovembeT '21
November
22__.
65
Indus¬
roads
tlpp
Stocks
41.64
25.10
146.93
.
Utili-
42.03
147.03
.
Rail¬
42.43
146.92
.
November 23-
November
24
42.56
10
First
HO
146.02
.
Total
trials
November 18—
15
Indus¬
Date—
20
Second
146.40
42.35
r
A
40
trials
Rails
Rails
j52.68
107.06
110.44
25.21
52 90
107.12
110.87
25.35
53.23
107.15,;
111.00
ss.^'
107.'07
111.22
86.35
86.59
108.90
103.43
25.40
53.25
ties
Bonds
85.17
108.96
102.91
85.71
108.96
103.17
108.%
103.21
108.91
103.39
■
Holid*v
25.35
111.09
107.13
53.05
•;
Jmv.
Total
Grade
Holiday
.
10
Utili¬
Grade
■
U
'/!';>
: *
p ?
?
Monday, November 27, 1944
& FINANCIAL CHRONICLE
THE COMMERCIAL
2312
;
Bond Record «» Mew
-
FRIDAY
NOTICE—Prices
"and
are
BOND S
■
'
Period
.
C. S.
Treasury 4
A-O
J-D
m-s
j-d ;
j«d
J-D
M-S
MS
M-S
M-S;,
-t..-—;—_._._1944-1954 ;
3%s..
—
1946-1956
31/'bs—1946-1949 .•
Treasury
Treasury
-
—~—_1949-1952
^1946-1948
;
.1951-1955 ;
1:—
—1955-1960
Treasury 3abS^_-
3s_.
3s
Treasury
Treasury
——
2%S
Treasury
2%s—
—.——1945-1947
Treasury 23/4S—_—.——
1948-1951
Treasury
2%s—1951-1954
2%s_—i
1956-1959
2%s
11958-1963
2%s
1960-1965
2V'aS
1
1945
2V2S
1948
2V2S,
,.1949-1953
2V2S
1950-1952
2VaS_.
—1952-1954
2'/aS
,1956-1958
2VaS
1962-1967
2%s
1963-1968
Treasury
Treasury
Treasury
M-S
J-D
J-D
Treasury
Treasury
J-D
—
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
2'/aS
2Vas
2%s
2 Vis
2Vis
2 Vis
2Vis
Treasury
2s
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury 2s.
Treasury
Treasury
Treasury
2s
2s
2s
..1951-1955
...1952-1954
..1953-1955
June 15 1848
;
Treasury
2s
Treasury
2s
Treasury
1949-1951:
1949-1951
1950-1952
1950-1952
1951-1953
l%s
100.15 102.29
104.2
105.9
L
-
110.9
111.11
112.5
111.16
112.13
101.28
102.3
103.11
*105.27 105.29
106.3
"'*101.26
__
*111.18
111.20
*111.18
111.20
111.7
111.13
111.28 .111.28
111.28
111.7
112.6
102.8
102.28
103.9
105.30
106.16
106.24
*106.15 106.17
106.14
106.31
;
;
,*102.6
•
'
-
-
*105.28
-
__
>
:
107.7
103.29
104
103.25
103.17
103.22
*103.23
'/
107.1
series
us
1945-1947
M
100.11-
100.4
100.2
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100
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100.2
1
100
100.13
100.13
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>>■
100.9
100.17
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107.3,
102.8
102.8
106.18
102.4
*106.31 107.1
107:il
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100.2
100.17
30-year 3s
2%s —;
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10
106.9
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.
>_•:
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3s
3s
?
15
15
15
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/ A*5«
:
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J-D
.
10116
a
1980
112% 113%
112%
J-D
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105
Jan 1961;
—
Sep
114
6s
Of
1928—
of
1927
fund 6s
5%
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33%
33 v8
33%
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3
17
35
33%
33%
6
17
35
33%
33%
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33%
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17
32
18
6
4-0
M-S
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1961
wfcs
ig47
1940
M-N
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—
Greek
Government—
part
A 6s
part
66
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60
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■
•
1
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'
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92
101
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92
■
97 y4
88
98
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|
i
;
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AAssented
j
A Assenting
5
49%
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to
.
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Nov.
to
4s of
5,
5,
19-
56
53
67%
5,
19' 5,
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hil
•
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to
Nov.
5,
a-0
No.
3--.—.
No.
4
Series
No.
5—
3%s
3%s
3%s Series No.
100%
'
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85
100%
;•
100
100%
84
101
>100
<■
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W
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—-
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;
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i
uim m
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,
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16%
14
19%
96
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95%
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33
88
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11%
{ '
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10%
97%
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.
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14%
13
6-
Series
No,
Series
No.
Series
No.
10
11
3%s
3%s
Series
No.
-.,61%
61
61'%
52>2
'
18%
19
.
62
57%
60-
-58%
54
*51
.___
53%
58%
51%
*51
.59%
'
.
—
*50
,
52
12
52
*50
55%
FIRM TRADING
MARKETS
PARL MARKS & CO.
INC.
-
60
55%
52
FOREIGN SECURITIES
58 va
54%
52%
*51
9
3%s
3%s Series No.
52
7.
10
V9)t51
8,
3%s
.
55
Sereis
No.
13
3%s
Series
No.
14
511/4
52%
51'4
Series
No.
15—1
51%
51'%
51'%
-56%
52%
52
FOREIGN SECURITIES
SPECIALISTS
58%
3%s
3%s
Series
No.
Series
No.
*50
16
3%s
;
17
3%s
*50
Series
No.
3%s
Series
No.
19—
3%s
Series
No.
20
For
footnotes
see
18-
page
55
*50
52%
*50
2316".
56'4
-.57%
56%
i*50
it
*
—
trf
53%
50 Broad Si., New York
:
59'%
-—~-54 -%» -CO
Telephone HAnover
2-0050
16 Va
' IS
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"
61'%
54%
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r:51._
r?9i*5i
KM
i
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20
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agree
1-7
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10 %
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2
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•
11%
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.
14%
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11%
agree
•
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3-D
19
*.
__
*16
agree
-1033
1942,
10%
10%
r;
agree
!
12 Vb
10'A
31%
m-n
1
100 Vb
15
-
3-D
agree
1945
j
31%
■
a-o
3-D
61%
55,
0P9I_52%
.
<{.
ioi'%
_
For Financial Institutions
3
45
30
51
100
J-D
58
—M.yi
53 <4
ovaXsi
CPU I 52%,. 52%
3%s Series No. "7_
3%s
j*
,,
tv
!
92
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86%
A-0
^1945
1910—
;
»
84%
92
56
52'%
65
71 Va
8
81
*100
A-O
1954
1904——
!,
■
J-D
16
Af-3
___1945
1899
Nov.
4s of
:
56%
59%
J-D
5,
,
!
52%
59%
a
14
86 %
1943
•
;
21:
83 Vb
.'79%
1954
A4%s
63%
57'%
81
85%
79%
Mexican
56%
-
4.7%
55%
51%
i 55%
A-0
" :
52
54%
47 Va
3
54%
55%'
j-D
A-0
.
' •'
81 VH
'
Irrigation—
stamped assented
AAssented to Nov. 5,. 19'
AMexico (US) extl 5s of 1899
102
100%
j
77
89% !
89% J
85%
1954
6'%s—
(Prov) 4s readjusted.
105
j
82
5f9%
4-0
1657
(Colombia)
J-D
.
F-4
i.fi60
J- J
{
59 Va
;;
J-J
1938
:
1
AMedellin
75
69
"
;
t
*72
.-..1964
101
41
100%
100
100%
M-S
108%
104'% 112% '
139%, 152
•
—
93
J-J
100%
5
: «'77
1952
93
91%?'
paid
paid-.
;
106%
*149
.
'
108
104 %
16
;
33%
103%
106% 106%
J-D
79%
"
21
5
104% 104%
104%
J-J
•
—1945
82
57'%
11
*106%
J-D
1953
series
73 ■'
29%
29%
41 Va
59%
*106
F-4
1977
debt
2.9%
75%
72
M-N
I
/
36
6
75%
Af-3
42
34
*40%
Af-N
•
...
51V/'
34
*40 Va
75;
j
Va
39%
36
*40%
J-D
>69
57%
__
49 %
48%
F-A
—1953
—1951
.1949
(Republic of) 7s
Republic 7s stamped
unstamped
7s
91V#
i
69%
.57%
68 Va
*68
48%
1969
1st
a
90
J.
28%
16
27Va
-68%
^
4-0
1949
5%S——
68%
4-0
loan 4%s
99%
90%
,
17%
14%
17%
*25
J-J
—1970
French
90
16%
A-0
1901
Jan
—
f $ bonds—
AEstonia
95
90%
|
18%
17%. >
•
16%
1967
1949
1949
30%
F-A
18%
15%
18%
18
18%
17%
*16%
Af-N
5%s 2d series
31
A-O
■
15%
M-S
100%
16%
98% 101%
18
100%
56%
89
16
__
17%
Af-N
,
17%
*16%
17%
A-O
16 %
11
17%
17%
A-0
1
35
'
17
1961
1
96%,,.
j
1
1969
5%s
92%
100%;*:
:
18Va
18%
18%
Customs Admin 5%s 2d series
28%
95%
96
]
18%
18%
m-s
31
100%
100%
M-.Y
»
J-D
4-0
j
19
18%
18%
16
A-0
78
M-jy
19%
16%
9
J-D
!
'19% j
17%
27
18 %
.
'
16%
7
4-0
92%
92%
J-D
19
18
1951
——*
s
external
287/s
A-0
A-0
20
19
17%
23 ' ■'
(Rep of) 8s ser A-1951
35
16%
11
30
*287/b
A-0
.
Series
3%s Series
•'
35
17 %
funding bonds of 1931
Stamped pursuant to Plan A
(Int reduced to 3.375% )—1979
External $ bonds of 1944 (PlanB)—
3%s Series No. -1—
3%s Series No. 2
r
71
17
1
60%
66 %
86.
19%
16%
19
18%
'
W«
24";
:
18%
I
20
16%
-
ASinking fund 8s series B
1952
IA Denmark 20-year extl Cs
—1942
External gold 5%S
—1955
External gold 4%s
-1962
lADominican Rep Cust Ad 5%s
1942
§Alst series 5%s of 1926
1940
§A2d series sink fund 5%s
1940
60
50%
*60"
M-S
'
18%
*18%
j
19%
'
16 Ve
li\
19'/«
18%
|
20
18%
5s
(Rep of ) 7s
(Republic of) 5s of 1914
4%s
53
A-0
18%
'
!
19% i
18
i960
Rica
External
1-1693
*60
fund 6s—-
18%
■'
18%
Af-N
—1962
25-year gold 4 % s——
A Costa
Cuba
Teletype
18'%
-
19
17%
20-,
,
19%
16%
2'
18 %
18%
•
,
18%
'
19%
18%
,
18% '
.—I960
A Czechoslovakia
.1947
1948
Akershus (King of Norway) 4s—-.1968
AAntioquia (Dept) coll 7s A
1945
A External s f 7s series B_
1945
A External s f 7s series C
1945
/^External s'f 7s series D
1945
AExternal s f-7s 1st series
1957
AExternal sec s f 7s 2d series—1957
-AExternal sec s f 7s 3rd series__1957
A Antwerp (City) external 5s
1958
Argentine (National Government)—
S f external 4V28
1948
S f conv loan 4%s
—1971
S f extl conv loan 4s Feb
__1972
3 f extl conv loan 4s Apr_______1972
Australia (Commonw'lth) 5s of '25-1955
External 5s of 1927
1957
External g 4 Vis of 1928
1950
Belgium external 6l/2S__^w.
.
1949
External s f 6s.
—1955
External s f 7s
———.... 1953
I ABrazil <U 8 of) external 8s—_1941
Stamped pursuant to Plan A
(Int reduced to 3.5% )—— —1978
AExternal s f 6%s of 1920_
—1957
Stamped pursuant to Plan A
'
(Int reduced to 3.375%)
1979
AExternal s f 6%s of 1927
1957
Stamped pursuant to Plan A
(Int reduced to 3.375% )—1979
A7s (Central Ry)_.
,.1952
-Stamped.pursuant to Plan A
(Int reduced to 3.5%)
1978
sink
18%
,
! f
19% i
16%
1'
18%
18%
19%
•
45
18
18%
Mtge Bank 6%a—;
ASinking fund 7s of 1926
Municipal
sink
105%
18
4
19%
Af-N
—1961
-
(Hukuang Ry)
APublic
AGtd
.101%
44 %
r
J-D
Sinking fund 5%s
*AGtd
f
J-D
AColombla
Wertheim & Co.
&
?
104%
A-0
ASinking fund 7s of 1927
1947
Copenhagen (City) 5s————1952
Govt.
103%
103%
17
Cons Munjc 7s
A 6s
Foreign Securities
Foreign
102%
•
(Republic of)—
A
Agricultural Mtge -Bank '(Colombia)—
103%
A-O
w-1931
ags assented
•
3s external
NY
101%
•
—1961
AChir.ese
New "York
102% 102%
22
—1961
Colombia
Broadway,
103%,|
1957
A7s assented
220
101%
1957
assented
A Chilean
2-2300
104%
8
,
Y-J
AGuaranteed sink fund 6s_——_1962
,
REctor
lOo-k
4
19%
1953
AGuaranteed sink fund 6s
A 6s
Members New fork Stock Exchange
28
*21;
1963
6%s
210%
106%
110%
106% 106%
103% 103 %
190a
assented
!
1
62%
102% 102%
M-S
1981
1
88%>
50
J-J
a6%s assented
.
Telephone
61
*102% 102%
F-A
A6%s assented
Unification Issue—
Corporate Stock
86%
■■"73%
F-A
6s assented-.
ASinking fund
Transit
87 Yj
73%.
8
110
162%
A-0
assented-
a 6s
100.28
100.28
__
84
A-0
AChile Mortgage Bank 6%s_.
>100.18 100.19
95
%
86% !
106%
;%v, ■
M-N
AExternal sinking fund 6s
101.11 101.11
81%
*104'% 104%
J-J
]
72%
4 ;
1
J-J
1961
!
102
72
67
83
J-J
1961
'99%
90
'
82%
83%
J-J
Feb
•
•
110%;
J-J
Jan
,
> 99%
95%
*58%
M-N
1961
'
>92
81%
J-J
-Sep 1961,
AExternal sinking fund 6s
—1963
100.19
_3
assented-
A 6s
100.19
100.9
92
3-
81"
>■
A-0
^-1900-
A Extl sinking fund 0s
;
"
105.8
*105.6
_
101.20
17
10
i
55
;58%
51%
■
100.21 101.10
100.15
:
82
J-J
Feb
sinking fund 6s
-ana assentedARy external s f es
,
.-*100.24, 100.26
„
A 6s assented
;
ioTi~ 10X19
*101.20 101.22
>101.16 101.17
,
59%
?
-
101.23
*101,22
M-S
*90"''l
.
j
58%
55
.
101% 101%
81
59%
>,51
■
_
98%
*96
•'
M-h
AExternal sinking fund 6s
*104.7
\l
102.1
104.9
^
j-j
1960
^7s assented
*101.31
'■
A-O
1943
t 7s
s
-
|
55% :!
58% :
52%
98%
97"
Af-N
--1943
External
(Rep)
210
7
59
F-A
—195%
—
•
23
1
1958
4
(City)
■
M-3
1948
1953
———4—Jan
—
ACarlsoad
103.21
Jan
Jan
—
—
3s
—
—
V
-
52%
.
Jf-S
.—1961
1967
_1968
25-year' 3'4s
30-year
F-A
I960
(Dom of) 30-yr 4s—
Canada
City
York
New
100.16
100.12
*100.2
100.2
f 4%-4%s—
s
3%. external s f $ bonds
100.17
100
100
60
100.5
100.5
;
100.11
100.20
*100.18
.'
4%-4%s
External read]
Externa]
V 97
J-D
_1977
—1976
1976
1973
—1984
'
;51 !
'51%' 51%
Af-3
1951
:
f 4%-4%s
s
Refunding s f 4'4-4%s
%
107.7
*103.28 103.30
*106.31
__
A6s.stkmped
External
_<
*50-
j
{
60
51
54
51
52
'
-
*50f
55%
:-'.52%.. .54%
>
36
'
Brisbane
i"
.
:
; 52
51 >'51
.
3%s Series
i
...
e
52'%
52
51
High
>•
•..
55%-
'
51
51;
No, 30-^.-—i.—i—.
(City) s f 5s__—
1957:
».'•
Sinking fund gold 5s—;
1958
:
Sinking fund gold 6s_4—
-^.-1950
Buenos Aires (Province of)—
:
.
"50*
26-*.--——•—
27—
3%s Series. No.- 28-.X--—
3%s-Series No.- 29-.-.
—
:
Low
'
'
.
51
•
No.
3%s; Series
111.15
111.9
Owners' Loan Corp¬
Home
3%
108.25
51,
3%s' Series No.
t.
100.24
108.19 109.12
'
*108.23
'
■""*50
/3'%s Series No.- 25_-—________
"104.20
104
110.13
*50
."55%
No.
Xish
•
:
January!
Sold
Asked
■
3%s -Series No. 233%b Series No.-.24-^—
105.18
103.20
*112.3
J-D
m-s
J-D
j-j
J-D
■
$ bonds {Continued)3%^ ,«Series No. 21-*..—,—4
3%s Eferies No.. 22.
Range Since
Bonds
Friday's
Lot0
"
109,28 110.19
*110.11
M-S
•
.104.3
106.9
*103.18
J-D
:
-
*,103.23 103.25
m-S
M-S
J-D
j-j
Sep
Dec
March
—Sept
2s
2s.__—
Treasury
100.14
,'*109.25 109.27
J-D
J-D
—
2s
2s...
Treasury
,■
1965-Iy70
1967-1972
1951-1953
1952-1955
..1954-1956
1956-1959
;
.1947
—Mar 1948-1950Dec 1948-1950
Jun 1949-1951
2s
Treasury
Treasury
J-D
M-S
M-S
Af-3
J-D
J-D
June 1964-1969 ■
Dec. 1964-1969
2V2S
Treasury
"100.13
__
or
External
111.23
■109.24
:
'
Braizil '(Continued)
nigh
*104
M-S
—
Lou?
No,
High
109.25
.
Last
Sale Price Bid &
Period
-
*'109.23
7-D
—
Sold
Week's Range
Friday
Interesl
Stock Exchange
New York
Range Since
January 1
Bonds
Last
Low
■
BONDS
Week's Range
or Friday
?Salc Price Bid & Asked
Friday
Government
^s^—---M47-I953
4s
Treasury
V
■
Interest
Stock-Exchange
of
disregarded In the week's range, unless they are the only transactions
account is taken of such sales in computing the range for the year
NOVEMBER U
RANGE FOR WEEK ENDING
.
New York
YEARLY
-
defaulted bonds. Cash and deferred delivery sales are
shown in a footnote In the week In which they occur. No
Indicate in each case the month, when the *»ond» mature
in the column
The italio letters
WEEKLY
-
Interest"—except for Income and
of the regular weekly range are
headed "Interest Period"
week, and when outside
ths
York Stock Exchange
4# N. Y.
Teletype N. Y. 1-971
>
•!
I
1
160
Volume
2313
the commercial & financial chronicle
Number 4337
.
new york bond record
"
ending november 21
range for week
New York
Exchange
Stock
Week's Range
or Friday's
Friday
BONui
■
I
'
i
•;
'
Last
Interest
Period
■
A 6s
1958
M-S
J-D
f* 6 Vas—
(City), 7s,;
A
series
if-S
I 6
s
—1959
,,,,1952
1959,
s
external
A Montevideo
New
South Wales
-
(Kingdom of )
4s sink
'
—1956
a
Panama
J
1963
_1994
tKep/
exu
a i
Ext-sec ref 3%s £#rles B..—»
7s—.—_1947
Stamped pursuant to Plan A
(Int'reduccd to 2.125',).2008
Peru-(Rep oi) external 7s—.1959
99%
ser,_„1961
88
>88
92
83
90
assented—
%
••
*104%.
__
"
19
Va
'
19%
*
V'V
25
25
/■.'
-
i
26%
/
32
,
26
31
26%
36
45
.
..
.
-i
Ref &
•}
"
If-N
F-A
*50%
102 i
44%
34
A-0
41
„
.
*
■
A 7«
,1966
loan ol
external
4
35
.
:
e"
:
41
*,,
36
37%
30
37
36'A
37
(
41%
37
36
39
44%
44%
Stamped pursuant to Plan A
(Int reduced to 2.250
Santa
a
:
M-N
2%s
*38%
35,
34
43%
40
Stamped pursuant to Plan A
(Int reduced to 2.5') )---—f999
extl water loan——,—1956
\t
•
reduced
36%
AExternal sink fund 6s_„_
;
'
External
1937)—
l$ bonds of
3%s-4-4%a
...External
r
50
"
44
~6
36%
A
35
56%
63
10
12%
12%
61
,•
-
2
12,
•)
"..V 2
22
6s«with
warrants
.
assented—,,,1948
„
Co .deb
Am Wat -.Wks- & Eiec 6s
series. A—1975
a-o
j-j
:
199t>|
Adjustment gold 4s_—,——1995'*
Stamped 4s --.2
„__1995
Conv gold 4s of:.1909
1955 ,
!!
,
!
•
;
4s of
Conv
—1955
1905
Trans-Con Short: L
AM Knox Si Nor 1st gold
Charlotte
mortgage 3^5
Atlanta
1st
Atlantic
A
Coast
General
A
^^„_,_1964
N;,coll gold. 4s
J
Oct
Second mortgage 4s,——
Atlantic Pef.lninff deb
1948
.__._..1953
footnotes see page
2316.
52%
51%
51%
22
41.'A
26
1061'2
110
103 'A
103%
■
107'a 108
108 W-
i
"l
)
120
101%
104%
110!;! 110%
5
108
112%
107'% 107'%
5
106'A
107%
104%
104 % 104%
19
103%
104%
110% 110%
3
109
112'A
109
109%
101% 101%
*107'a
Certificates
67'a
64'a
68%
368
44%
27%
27
27%
29
21%
"2
89%
—1955
5s
"a-o
1960
Bldgs 5s gtd
Elec
Power
Soutnern
1968
3'/2s__,
gtd 5s a.., 1962
cons
National gold 4 %s__—
101% 101%
101%
Nov
M-N
.J-D
A-O
5
69
87%
94
94%
A-0
94%
5
85%
95
J-J
Guaranteed
1956
•
:S"
gold 4%s.„
gold 4%s___
Guaranteed
.
.
..
359
F-A
deb stk perpetual
Collateral
trust
4%s_
1960
of
V,,'v.
M-S
Cariiers & Gen
M-N
1950
Corp 5s w w_.
debs.
—
a 1st
—Nov 1943
mtge 5s—,
SAConsol gold 5s_.:
v
84%
■8
100%
:
.*107
Central Illinois
Light 3'/2s,,i.
| a Cent New.Eng 1st gtd 4s
i a Central- of n j gen gold 5si
5s registered—
:
4s„ 1951
1946
...
1968
106%
■
103%
106
' 86%
103 ,«'
4s
n
Called
v.
95%
y
■*
bonds ADec
Guaranteed
Certain-teed
107%r,ll0
107.%! 10'4
J-D
•"
4-0
108
T08
96
96 3 4
33%
1987
:
J-j
.
•
115 % 115%
20
26
30;—"tl
39%
""
37'A
35%
26'A
F-A
106%
97%
109'A
104
F-A
30 Va
104 »A
/ **'_ o-j in%i<rtv:
1960
•.
Prod
104
100
106%
74
96
M-N
•; it •'
5'As
1948
a_—
—
108%
"
M-S
102
1992
M-S
140
99%
132%
1403
105%
109%
.1051/8 105%
11
104%- 109
*103%*127 %
1989
J-J
.*124%
12^
"-25'%
27
9
2d consol gold 4s——
10M
•
Lk •
12^%
106% 115va
Ulinois, division 3'As__—
1.949
registered
4s
Division
4s—,ii.%<•—-ij§. 1949
_li^_j—:ll 1949
registered..
62
84%
1127 a
108% 108%
35
92%
109
87
48
107%
Chicago & Eastern 111 rr^AGen mtge inc- (eonvi.—— 1997
1982.
Chicago & Erie 1st gold 5s—
37
89%
16
37
"
6
33%
103
106'h
48%
39%
105%
AQen inc mtge 4vss———
Ind, & Louisville < Ry—
J-J
53
M-N
V
110%
51.%
■
10"
111"
54
*127%
98
125%
.
112
•
63%
130
■
J-J
88 %'
88%
89'2
14
76%
89 %
2038
J-J
60 »a
5834
60'a
26
47-.
65'/a
1947
J-J
Chicago gt West 1st 4s series a,,. 1983s
105% 105%
106 §2
111%. 112%
104 "2
94%
106%.
1057 a
108 %
113
106
7
105% 105'a
'
103
103
ci
112%
111
,
100%
j-j
3 0 r* a
106%
F-A
110%
69
302
F-A
106%
90%
18
i— 1977
1st
59
105% 105'a-
105'%'
122'A
21%
ref 5s series a—& 1971
1st & ref 4'As series b
111%
&
J-J
127
120
453
110%
111'a
181
103Va 103%
121'A
Sw-a
109%
'
27
a
1958
General 4s
94 %
105%
.
1949
3'As
'Illinois
116'%.
*106
A-0
1055%
Chicago Burlington & Quincy .rr-
106%
__
'IJTU
13
20
J-J
__
■
140%
J-J
-
88
100' '•'" 102%.
'105% 105%
1989
——
gold 4s—...
109%
•
MB!,
140
1
1946
*111
104% 105'a
j
"
r & a Div 1st cons
5
111
"102,
72%
Potts Creek Br 1st 4s
'
34
28
33
A~-0
gtd gold 4s. 1949
5s
-7
115% 116'%
-
"239
97
30
28'a
? 29%.
112
83%
115
34%
30%
■
5834
34'A
110%
20
m
31%
32'.,
16%
40%
23
108 Tb
." 96
%'
J-J
1-
•
118%
34
66
30 /
*291/4
F-A
21
*104% 105
58%
>56
1
'•
-
42-
10
M-N
104% 104%
42
34
1996
115
107
126% 126%
42/
16%
11%
.
30),.—-i.—
1st ref
gold
gold 4'%s
Ref & impt mtge 3'as d—
100%% 105
104%
105%.
50%
10%
10%
J-J
3—". 1987
1962
General
104 r%
-
37%
32
11'a
Chesapeake & Ohio ry—
115 VT <124
103'a
90%
187
1996
3
73%
*106
93%
49%
12
1987
1987
Power 3%s—
Central Pacific
105'%
41
94 %
93%
47%
1961
4s,
registered—,,-
Central
85%
llfef
105.
70
79'A
87
J-J
106
53
49%
10%
69
.
85
70
92%
A-O
10,7'A'
103 Va
17
~7
69'a
■
110%
104%
.52
68%
104% 105
*104'% 105%
A-O
1959
109
10
107%
*67%
104%
M-N
1959
AGeneral
116
...
__
a.
F-A
1945
gen 5s series ci.
AChatt Div pur money gold
a Mobile Div 1st gpld 5s„
t
97
105%
98
■
J-D
a Ref &
101'%
111%
48
109/3 a 109%
.
F-A
ARef & gen 5Vas series
110
114 Va
107 %
•
J-J
102%
111%
11
deposit—
Carolina Clinch- & Ohio 4s_-_— 1965
;>■
1955
126%.
.M-S
.J-D
.M-N
.J-J '•
.J-J
.M-F
117 '/a
12
10
94 % 95%
1043/4 105
*114%
95%
A,/
J-J
112%"
.M-N
115%
118'A
107% 107%
'
v."
J -v)
.j—.1962
89'%
102%
111
119
112% 112%'
)
u-s
1949
t.
IIACarolina Central 1st gtd 4s
Celahese Corp 3%s debs
34
-
118
116%
111
118 Va
..115% 115%,
115%
F-A
J-D
4s_,,4.2;- 1981
115% 115%
J-D
116
*116% 117%
Ref & impt m 3'As series e
153
95%
-
5
116
•
116% 116%
/
A-0
1951
Canadian Northern Ry deb 6'/2S_— 1946
*
101
*.>■
16-"'
- -
114% 114%95%-
116%
5
,116% 116%
95%
9
116% 116%
1969
-Oct
105%
27
110% 111
,
J-J
J-J
gold 5s
101'A
*105% 105'A
A-O
J-D
102%'
-jt
'
13-'
.
*104 %
116%
28
87
'
'101% 101%
73%
A-O
29
101%
86 %
j-j
1957
$ACentral rr & Banking 5$ strnp. 1942
108%
108
-115%
68%
21
27
^*25
of
1970
106%
103%
20
122'/a- 122%
-
58%
a-o
Cart & Adir 1st gtd gold
101
'
;;
22 '•)
122%
114%
63'A
107'%
101%
,
'
•
8
107% ioR%y'v
-
95%
m-n
1955
JChicago
AReiunding 6s ser a
ARefunding
gold
5s
^,
seides b,__
ARefunding 4s series c.j
Alst. &i gen
—
5s series a.,,.—
Alst lt gen 6s
——
For
219
.
*110%
1st cons 4s____July 1952
unified.4.VaS
63%
j-d
Guaranteed gold 5s
Guaranteed gold 4%s
■')
;
•%.
.*110 %
Line Ry—;
,_„_,,1963
60%
*103'%
m-s
Guaranteed
i'
89%
104
J-D
1952
Atlantic & Uanville Ry 1st 4s___—1948
L &
■
10O'%
67...
104
.J-J
.J-D
5s —-1940
Air
83%
m-n
series c—1967
Certificates
79
120
107%
it-
190% 93%
m04% 104%
—195R
1st 4s_,
51
108
m-n
4-
'
,
100%'
,—1960
,; Conv gold 4s of 1910—
'
-
95%
f-a
Niag Elec 3%s
100
94%
51%
m-s
,^1981
105
96%
63%
c
.
'
A-O
M-S
3VaS scries E,—.——1964
& Santa Ft-— ~
aa—
f
s
101
95%
f-a
3%s_„.——1969
debentures,,—.—,l:
:~1969
mtge s f
104
92%
105.
104% 104%
*100
m-n
20%
1034/2
'100 % 100% c
Atchison Topeka
General 4s,,.
series ii.
5s
t a Chicago & Alton rr ref •3s,.—. 1949
-.1978
*104
m-n
103% 104%
•,
: „*r5%
.
AAnglo-Cliilean Nitrate deb„—__19671st fiold 4s—-_•!—_,_1995
Ark & Memphis Ry. Edge & Term 5s 1964
Armour & Co, (Del)—
mtge
"l
<404'/* 105
:
*106% 107%
m-s
_______1955
104%
103
,100% 103 31
10
104
106%•
*109%
,
101 %
101%
107%
i
■
"
100%
.A-0
.J-D
rM-S
A-O
.M-N
.Jan
Q-J
.M-3
.
3s,—,—1962
income debentures-:
,
102% 102%
93 %
'A
106%
Canada
62.1
68%
1
141
:
*100
104
100
104 "2
J-J
,22%
.,
109
„
104
•104%:
100
5
105'A
Celot.ex Corp 3%s
100
*104
/
4
101'%
76
!
10
>.Jl :
15%
*103%
104%
,
Ann Arbor
1st
]
78%
10
19%;
,
—
/
-
.76%
59
'*104.
M-S
Telegraph Co.—
3 % s t debentures,—;—
——1961'
3%s debentures
1966
3s conv debentures—1956
7s
91
66'%:
19
•••—
>92% 100%'
■
101
101%
130%
•
,91 \
60
74%,
77'*
*97
F-A
American Telephone &
.
,
65%
/'v
76
"
15%'
98
128
104%
,
co
50
75%
*17
.M-N
Foreign Pow deb 5s——2030
G Chem conv 5%s——,.1949
Tobacco
•
•—
*72
,
89
"3
129%'130
2
Canadian
21%.
89
.*68%
A-O
4-°
A-O
A-0
Amer I
Amer
a-0
102
•i
!
91.
*73
15%
73'A
98%
19
—
■
102.
.91
:.
.
•i". 76%
•
A-O
.
Allegheny Corp 3%s sec conv,—1954
Alleghany.West ilst gtd 4s,——1998
Allied Stores Corp 4%s debs—,1951
&
25
fio
-si
/
74%
,
,
77 ;•
J-D
J-D
M-S
'J-D
F-A
•
Albany & Susquehanna RR 3'/2s—1946
3%s registered.,,
1948
Am
39
Can Pac Ry 4%
75%-
90
74
10.
88'a
104%
deposit..,———
Bush Terminal 1st 4s_
1952
17%
,
11-
19%
*90
A-O
3Mas
88%
87
106%
ACent Branch u p 1st gold 4s— 1948
tCentral of Georgia ry—.■>'•
)
3%s,,„196?
mtge
87'%
106
a
)
18%
*89
F-A
•
1972
1st
87'%
8714
104
3%s series f__—,1959
—
j
63%
11%
<*91
J-J
F-a
Albany Perfor Wrap. Pap Cs,—7948
Power
j-j
j-j
a-o
Steel Corporatioft—
Bush Term
5
.100% 100 Vr
Va;
M-N
J-J
Alabama
88%
68
*9
F-A
plain——
Southern
Great
Loan
Stamped
modified
(interest at
3% to May 1,1947) due——1957
JBurlington Cedar Rap & Nor—
:
5 a 1st & coll 5s
is )4
36
18
22
100
M-N
—
Alabama
56%
Buffalo Rochester & Pgh ry—
Industrial Companler
1953
1953
Adams Express coll tr gold 4s——1948
Coll trust 4s of 1907——1—1947
Id-year deb 4'A3 stamped—,1946
series
15
101
Buffalo
i:
40%
64 %
f Abitibi Power & Paper—
AStamped
86%
101-
California
J-D
-
—
£A5s
85%
.
3 %e extl
Railroad and
86
104
4s
.
39'A
30
12 %
M-N
readjustment—1984
A Warsaw (City) external 7s„——1958
A4%b assented—
—1958
'
78%
j-j
j-d
Indus
Buffalo Gen Elec 4'%s b,_^—
44%
12%
M-N
M-N
—1978
conv—:
57
106
•
v
43%
63
12%
F-A^
.,1979
conversion—•-
ST's-fVa^^ extl
328
.
'
1951
,1951
Bklyn Union Gas 1st cons gold 5s_1945
1st lien & ref 6s series a
—1947
•A'
50
64
64
F-A
readjustment.,—___1979
4-4%-4%s extl readjustment,,—1978
88%
40'A
39%
*34
»
J-D
J-D
•
74'%
f-a
33
41%
36%
^7**
—,o_1964
77
Bklyn Union el 1st gold 5s_.—,—1950
43'A
,
"'f~2
40
39
*37%
M-N
——1958
,1955
Uruguay (Republic) extl 88,,,—,1940
AExternal sink fund 6s_——,—1960
j-j
447k
39
*42%
39
A-0
A4%s assented—■
289
64
(int at 3'%7c
due,,,,,,
1947)
Consolidated
Sydney (Cityr s t 5'/2s—
93
m-n
43 Va
1
45%
45%
1
a
1959
88%
Bklyn Edison cons m 3'as—k—,1966
38 'A
48
*44
J-J
v
93%
,1950
92
,
F-A
Gen
J-J
3.5')),,—..1978
(Kingdom;—
to
external,—,———1962
A7s series B sec extl,,—,-,---,1962
A Silesia
( Prov ofl extl 7s——1958
secured
47
m-n
47
4%s series jj—
..,1961
4s series rr——3—1960
AInc mtge 4'%s ser a__—-July 1970
tABoston & n y Air l 1st 4s_
1955
::
Stamped pursuant to Plan A
(Int
31%
44'%
93'A
Serbs Croats <& Slovenes
A8s
64%
1.142
46%
30
41
36%
J-J
A-0
41%
f-a
1st mtge
I
■
Stamped pursuant to Plan A
(Int reduced to 2',) )—---2012
•
f 7s
—,1940
584
f-a
,
M-8
5 A Secured
64%
..'64%
mtge 3'As series h—___1965
Boston & Maine 1st 5s a c——,„__1967
A
J-J
Stamped pursuant to Plan A
(Int reduced t-o 2.25'.) ),—,,2004
AOs exti dollar loan— L——1968
41
62
35%
41
J-J
*
403
64%
81 Va
,
J-J
A7»
72%
6 4? a
m-s
Consol
'
•
46%
a-0
Consol
42%
34
:
92
41
J-J
1936
8*
Stamped pursuant/to Plan A
•''.*»
(Int reduced to 2.5'.)■■),—,1999
AR« external,;,.™
—1950
671
2 %s_,,,,__ 1.950
'
(State)
Paulo
|ASan
72%
:,Feb 11960
1
Consol mtge
i
'
34%
*90
>
68
to
1st gold
:
65%
72%
>
mtge 3s series g——1960
40%
,y
40
39%
M-S
If-N
M-N
,
41 Va
debentures,.,,,,—,,_„i„1956
Beneficial
2004
Stamped pursuant to Plan A (Int. reduced to 20
,,2012
<
73%
786
,,,,1996
stamped
-
1st m
(City of Brazil) 8s,—1952
A6%B extl. secured s f„, —._i—1957
285
65%
61%
Beech Creek Extension 1st 3y2s__,_1951
Beil Telephone of Pa 5s series c—1960
>
48%
<
4s
t
'
:
.
38
J-D
tuna 4s——1964
external sink
re
100,
99'%
62
64%
Con ref 4s
i
.
''
Sao Paulo
95 3 b
70=
m-3
,1
gold 4s extended to_,„1951
Bethlehem
29
J-D
loan—.
613.
2000
due,
Toledo Cin Div ref 4s a
—,
municipal
95%
98
•;
Bangor & Aroostook rr—
J-D
1967
A7s
j-d
due
Jan
to
.
-
High
ituw
64%
98%
v
j-d
s'west Div 1st m
1
45%
■
Stamped pursuant to Plan A
(Int reduced to 2.25')2004
Range Since
January 1
NO.
92%.
94%
A-0
1995
Sep 3. 1946) due,,
■
Stamped
Stamped pursuant to Plan A
(Int reduced to 2%)—,3,-2012
A-O
(int at 1'%%
due,—.,
1993
c
ser
Sep 1 1946)
Ref
103
100'A
16
41%
41
A-0
1946
pursuant to Plan A
(Int reduced ,to 2.5)) )„—1,,1999
A,6" external sink fund gold.,—1968
Sold
High
Ref & gen ser D (int at 1 % to
,
50%
50
102
101
F-A
i
gen
to Dec 1 1946)
A
(State of)—1921,
due,,,
1946)
AConv
F-A
A8* extl loan of
Bonds
Friday's
Pgh l e & w Va System—
A-0
Rio Grande do Sul
1
Dec
:
Ref & gen ser f (int at 1%
-6'As,,——A——1953
sec
or
1
1st mtge gold 4s__,
,__July 1948
Stamped modified bonds—
1st mtge gold (int at a% to
;.;)» Oct 1 1946) due,____%_July 1948
/
Ref & gen ser a (int at 1% to
-
12
.
40
40
Last
Sale Price Bid & Asked
Low
24%
14
41%
J-J
Week's Range
Friday
Period
Baltimore & Ohio rr—
24%
11 Va"
19vb
41%
Stamped pursuant to Plan A
(Int reduced to 27) ).:,,—,2012
\
Teletype—ny wjo-
b
.
AExternal
New York 6
'v".''-Bell
Interest
new York Stock Exchange
c
:
.
12'/a
20
41%
'
28
<
27
Stamped pursuant to Plan A
(Int reduced to 2.375',)
,2001
' t-.
39 %
16%
;
60
20
APrague (City of Greater) 7%s—1952
Queensland (State) extl 6s_„
1947
A Rio de Janeiro (City of1
Hs—.1940
Exchange
„
$
Stamped pursuant, to Plan A
rVV; aAV''
(Int reduced to 2.25') )——2006
—,
-
Slock
.
27
J-D
42%
17
*:
60 :
21 •%
id
*15
■■
•
y
York
bonds
i
16%
51
40
*27
; v
■
>
31'A
21
19 %
19
'
97
25
21
*25
A-O
a
'
38'A
38%
37%
j-j
AJegre (City of) 8s——,—1961
New
Broadway
Telep/ione—DIgby 4-4933
105%
104%
■
•
37%
-
J-J
Stamped pursuant to Plan A
(Int reduced to 2.375',< )2001
AExternal loan 7%s„,,——1966
Members
61
.
1963
A4%s assented
94
•
-88%-
96 %
.
A-0
—1968
—
••
96
gold 8s_,_-1950
sink fund
87
.
092
96j/4"
A-O
;
1
*92
»
A-0
APorto
99%
*90
A-0
(Rep Of) gold 6s—L
1940
a*%s assented,,,——
,,1958
Stabilisation loan s f 7s
1947
'
94
19
Loan extl a t 6a 2d
A External
99%
20%
ANat
a4 V2s
100'%
*87.
J-D
A
99%
96
pflugfelder, bampton & rust
101
19 'a
loan extl s f 6s 1st ser—-I960
'"
100-
98
20%
ANat
'
.
93
M-S
M-S
tAPoland
100
99
Af-S
(State of)
APernambuco
■:
:
98%
99%
M-9
a.j.»oj
oo
Railroad Reorganization Securities
■
42%
.93%. 100
1...98 Vs.
98
j-d
A-O
M~N
If-N
J-D
1967
AStamped assented 5s
Stamp mod 3'/4S ext to,,,.
42%.
105
.
100 Vi 100%
F-A
Municipal .Bank extl s f 5s——197n
(City) Sink fund 4'A8_a~,-,-1953
92
89
98,.
A-O
:
32
*100
If-S
-1963
tund extl loan
32
'
„•
.
'•
A-0
•
Oslo
A
High
-
4%&-i-„'__-1965
fund
sink
4'/asi.
.
38%
437%
4103
F-A *
1957
1958
External "s; f
External
Low
39%
38
38
•
M-N.
•
(State)—
Exterhals f 58—
Norway
January 1
No.
(State)—*
,ASec external
a Sec
Range Since
Sold
di£f>
Low
Mlpas .Geraes
-•
Bonds
Sale Price Bid & Asked
series b—i
1947
J-J
1966
M.-N
Mav 1968
—
*74
J-J
-
68%
■
78.%>
50
83'A
72
72%
l7
47 Va
78%,
67'a
J-J
1947
60%
61
45
74
14%
14%
1-1 %
11%
108*
lO'/a
■12%
12%
55
10%
NEW
Last
Interest
Stock Exchange
York
Period
HisA
4s..—1950
tChicago Milwaukee & St Paul—
A Gen 4s series A
—May 11989
*103%
J.J
Chicago Inri & Sou, 50-year.
82
C
—May 11989
91
89
91V
B
series F
May 11989
_May 11989
J-J
91
89
J-J
92 Vi
90
4Vis
series
AGen
4%s
series
AGen
4%s
RIt—
tChie Milw St Paul & Pac
mtge
Ry—
60%
1.558
45 Vi
14%
14%
14%
1.078
11%
.
'
J-J
4s
AGeneral
A
3V2S—
ref_4%s series D
mtge 3Vis-,
General
J-J
77 Va
~2
48
107%
17
F)
(B
1st
41/4S_....m_..i956
Grays Point Term 1st gtd 5s
Great Northern Ry- Cc—
%
89
88
General 5%s series B
J-D
--1947
F-A
J-D
.........lgsa
1970
mtge.
1961
—
& Sou Ohio
3 Vis
.—
debentures—.—
—1948
3 Vis debentures-——
——1956
3%s debentures
—.—1958
Consolidated Oil conv deb 3 Vis——1951
3 Vis
JAConsol Ry non-conv
1954
deb 4s;
A Debenture
A Debenture
—1955
.-1956
4s———.
4s_——..——
119%'
118%
118% 119%
20
77
59
77
General 4%s series E_.__v______i977
J-d
111
111
111%
28
98%
77
308
3 02 Vi
.
•'
General mtge
23
102 Vi
108
101 V i 101%.,
10
100 Vi
9
104
104%
"
8
55
92%
53
92
72%
55
59%
72%
5
106%
•*_.'
.
1957
111%
111
101%
105%
Feb
B
B...II975
J-J
Gen
mtge ,inc 5s series A
Gulf & Ship-Island RR—
1st
ref Term
&
M 5s
108 %
11
99% IOOV'4
100
16
89%
89 Vi
12
j-j
*97%
M-N
Hocking Valley Ry 1st 4Vis
1999
J§Aiiousatonic Ry cons gold 5s_._1937
Houston Oil 4 Vis debs.....
1954
Hudson Coal 1st s f 5s series A.,.1962
J-J
Hudson Co Gas 1st gold 5s^_____.i949
M-N
Va
201%,
89 Vi
98
'
stpd....__1952
98
110
111%
130%
*110%
—
17
66
88%
89%
Gull States Util 3%« series D.....1969
72
65
16'
12 Vi
.11 Va
'
"
3
111% 111%:
34.
101% 102
102
,
4
104% 104 Vi
89 Vi
*110%
'■ 471'
74
75 Vi
29
53%
97
75%
99
63
82
99
.
.
J-J
%
'
..
138%
'iil:'
107
■■
•
■
22
105% 106
A-O
104Vi.
103% 104%
94
A-O
100%
99 Vi 100 Vi
159
J-D
„
__
J-J
102
F-A
21
52
103
62
103%
T13 Vi
—7
*103%
"I
A-O
104% 104%
1
XVrfAM
106% 106%
3
105%. 109%,
104% 104%,
104%
49%
51
13
45%
59%
50
50
10
45%
59
104%
46Vi
———-1965
--1970
3 Vis—_——;
—1968
3 Vis——
—1969
1087/8 108%
19
107% 107%
5
—1950
1955
A-0
1st 5%.s__—1942
receipts—.
5—
A Cuba. RR 1st 5s gold
——1952
ADeposit receipts—
A7Vis series A extended to—;—1946
ADeposit receipts——
A 6s series. B extended to
1940
ADeposit receipts
Curtis Publishing Co 3s deh
1955
t ACuba Northern Ry
ADeposit
M-N
108%
M-N
M-N
J-D
J-D
*54%
78
103%:
46
62
38%.
54%
53%
711
64%
59
68
51%
50%
39
91
F-A
■
68%
*63
49 V s
40
A-0
102 % 102%
100
59-
67
*103%
97%
Vi
——1936
Western RR—
——1955
98 Vi
—.
6
"92%
1965
G—1966
1970
Detroit b Mackinac 1st lien gold 4s 1995
ASecond gold 4s—
..
,-1995
Detroit Term & Tunnel 4Vis
_1961
Dow Chemical deb 2%s
1950
Dul Miss & Iron Range Ry-3 Vis—1962
I § A Dul Sou Shore & Atl gold 5s—1937.
Duquesne Light 1st M 3Vis
1965
A-0
gold 3se.e_1951
3VaS—
...1951Springfield Div 1st gold 3Visa-..195i
j-j
F-.A
95%
_i.._2963
J'-D
79%
1st & rel 4%s series C--._..^1963
J-D
Gold
77%
Joint
1st
ref 5s series A
Ind 111 & Iowa
4%
1st gold 4s.
....1950
J-D
99%
106Vi
45
74
4%
56
58
4%
10
4
4%
92
3%
50
4
50%
109%
50%
83
'40%
Vi
8
6Vi
51
107
111%
109% 109%
—
23
107%
111%
106%
8
104%
107%
106
50
'
*28%
109
M-S
41
32
*45%
—
J-D
3
107% 107%
106 Vi
.M-N
A-O
78%
82%
99
99
78%
98
95%
1
76 %
JT-J
80
235
57%
70%
74%
74 VA
225
A-O
67%
M-S
74%
105 Vi
72%
44
13
67%
*111'
110%, 111
'■
104%. 107%
106'A 106%
106 %
J-J
61%
60 V«
61%
134
47%
A-0
21
19%
21%
384
16%
A 1st
2953
J-J
57
55 VA
57
79
43%
57%
gold 5s series C
1956
§Alnternat Hydro El deb 6S_-.-2.1944
J-J
55%
56%
34
43%
57 Vi
73%
74 s a
89
56
Internal Paper 5s series A & B
Ref sink fund 6s series A:,..
j-j
103%
103% 103%
19
103
1051
M-S
107%
107 'A 107%
14
105
109 V i
A 1st
6s
5s
series
.Lel.ui—1952
A--2
series
A 1st
194.7
.1965
Int Rys Cent Amer- 1st 5s B
1st
lien
A-O
Debentures 5s_.__.__.
25
95
M-S
JAlowa Cent Ry 1st & ref 4s_2—1951
James Frankl & Clear 1st 4s_2_.
1959
1
1
100%
103%
91%
129
74%
95%
95 Vi
128
77%
96%
*4Va
J-D
1961
J-J
&
Laughlin Steel 3%s___
5%
3
4%
gARefunding
58%
14
95%
104
102 VA 102%
2
98%
102VA
52
72%
90%
71%
89%
92%
103Vi 104
102%
108
41
39% .41%
29
J-J
106
106 Vi'. 106%
55
Ry—
1936
Plain
deposit.;
ref
92
%
J-J
V
*64
J-J
72%
1
105%
69
4
51 VA.
J-J
90%
*107Vi
M-s
*4%
109%
109
105 %
3%
5%
110 VA
102 'A
108
104 Vi 104 Vi
104%
94,"i
175 Vi
107%
*109
M-S
102
172 Vi
*95 VA
*168
J-J
5%
108%
l
103%
'
106
Coll
&
ref 5%s series C
111
24%
Coll
&
ref
5 Vis
99
100%
12
98%
101
100% 100%
5
98 7A
101
104% 105
54
93 Vi,
105%
101
6
89-%
101%
*100
1953
F-A
lOOVi
—I960
series D
100 VA 100 ti
A-O
—1943
extd 5s.:
Gas Light
Laclede
47
F-A
100%
•
101
J-D
—1975.
3%s_
J-D
1997
Lake Sh & Mich Sou gold
..
1997
Dec
—
registered
104%
101
Lautaro Nitrate Co Ltd—
1958
Div 1st 5s_
1995
1st cons gold 5s.
.—1950
Elec Auto-Lite 2Vis debs.
Ed El 111
(NY)
M-a
'A-O
A-0
stamped—
1962
J-J
.2015
J-J
103
17
108
150 Vi
103 Vi
106
—
116%
101%
7
102Vi 103
*106
■
110
148 Vi
116% 116%
*150 Va
106%
102%
102% 103
7
82 V
102/%
102 Va 102 V2
1
80
J-J
1995
Empire Gas & Fuel 3%s
Erie
J-D
1970
—1965
3%s_—.
116%
J-J
1965
Elgin Joliet & East Ry
El Paso & S W 1st 5s
5s
M-N
a
Gen
For
Div
mtge 3',4S ser E
1st- mtge 3%s
footnotes see
Cons sink fund 4 Vis series
page
2316.
—
.1964
1971
A-0
84 3 4
101%.
M-S
—
105
84%
101 % 101 %
*105 Vi 106 %
10'2%
& ref
103 Vi
1st
1st &
—
99 VA
101 Vi
•
105 Vi
1
105
97%
97
105%
1945
*104%
M-S
99 %
101%
102..
107
5s
ref sink fund
F-A
*98%
stamped
stamped...
*98
1954
—
5s
1st & ref sink fund 5s
5s
1954
sink fund 5s
stamped..:
-
—
19.64
1974
—
99%
84
99
90
2
4
65
'
Vi
98%
%
90
90
71
90
70
*87
—'
88
104 Vi
97%
90
F-A
%
95
90
F-A
—1964
—1974
100
86
5
99%
Lehigh Valley Coal Co—
106%
31
■■
2
105
-
99%
169
85
105
A-0
1965
67
49
13
52%
•
10.1%
80
52%
105
J-J
C_ —1954
Lehigh & New Eng RR 4s A_„_
1st gtd gold 4s_.
7
105 Vi
52%
J-J
1954
Lehigh & N Y
34
102% 102%
105%
mtge lncorire reg
Lehigh Coal & Nav s f 4%s A.
5s
mtge inc 4%s series A__
1st cons
Ohio
A 1st
103
Railroad Co—
1st cons M 4s series B
69
100 Vi
98
*103%
...1954
92%
96
109%
91%
*100%
A-0
3950
1959.
104
114%. 119
*118Vi
~
J-J
J-J
notes
JAKreuger & Toll 5s ctfs-.-..-
96
69 Vi
97
105 3, A 105%
J-J
1961
6%5.
92%
94 %
95
.1961
1997
...1954
Kresge Foundation 3%
79%
'
J-J
^
unguaranteed
&
A~-0
J-J
80%
91%
80%
...
Kings County El L & P 6s...
Kings Co Lighting. 1st 5s
1st
78%
*76VA
A-0
L_
Kansas City Southern Ry ,1st 3s_._1950
Ref & impt 5s—:
I.Apr 1950
Kansas City Term 1st 4s._i
1960
Kentucky Central gold 4s__
1987
Kentucky & Ind Term 4%s___
1961
Stamped
.1961
of
34
106 Vi
3
1.08.,
J-J
A-0
1st gtd gold 4s_.1990>
gtd 4s_».
ACertificates
3Vis
& Ga
92%
114
91
92
103%
109
102
■*102Vi 103,
108
54
98 Vi
109
:
Va
„
102.
90%
91%
F-A
_____..1955
77 Vi
94 Va
J-J
3952
24%
97 VA
100 Vi 100%
F-A
:_1947
gold 4%s
61%
100'A 100'A,
M-N
1972
&, ref 6%s
74
■
Tenn
80
52%.
98%
*105%
'
j-j
JKansas City- Fort Scott &' Mem
46
55%
4%
M-S
J-D
a,
65
67 Va
9
*100
lAInd & Louisville 1st gtd 4s
2.1956
Indianapolis Union Ry 3%s.sec B.1986
4%s
4s series F—
78 V
111 Cent and. Chic St L & N O—
103 V2
.
mtge 3Vis series
"2
91'%
59%
95%
82%
J-J
93
72
78 Vi
82%
82
71%
101
79 Vi
*77'/a
J-J
1st gold 4s--______i95i
Kanawha & Mich
See Chic
ref 3s series H
48%
93
F-A
92%
97
*917 a
108 %
105
58
F-A
1978
impt 5s series B——
Valley Ry—
& N'western Ry*
Plaines
55
55%;
F-A
A-O
237
79
85%
52
79 Vi
323
97
J-J
———
69 %
58
60%
67%
62
102%
.
jDenver &■ Rio Grande
AGeneral s f 5s
67 V4
J-j
103 Vi
-
105% 105%
A-0
J-J
23.
98%
105%
107% 107%
J-D
——1936
consul 4s—
—
§AConsoi gold 4Vis—
§ A 1st
155
91%
K
J-J
M-N
10
83
*100'A
D
3s_—— 1170
Dayton Union Ry 3%s series B—1465
Delaware & Hudson 4s extended—1963
Delaware Power & Light 3s—1973
JDenver & Rio Grande RR—.
e
J-D
79
90:,i
Vi
Jones
Dayton P it L 1st mtge
87
53
3
J ~-~D
49
304
60%
86%
J-J
*
68
*65
87
81%
82 VA
M-N
2960
70
62 %
78
M-N
97
37
'
86
84
86%
J-j
1953
.
100
64
81
83 VA
85%
m-n
3%s—_.....I._1952
gold 4s
Int Telep & Teleg deb
41
63%
63%
J-D
103%
5
78
96%
AAdjustment 6s- series A__.July 1952
30
49%
A-0
97 Vi
2
100
"
St. Louis Div & Term
109%
95%
2
*99%
M-S
lines
103%
102
$ International Great Northern RR—
111%
101%
57
48 %
J-J
58
107
4
1951
Bridge gold4s_.._
.-..-.1950
Litchfield Div 1st gold 3s_—2951
109%
108
102% 102%,
102% 102%
gold 3s sterling......^..
Cairo
107% 112
*108'% 108%
s
100
100
A-O
Inland Steel, 1st. mtge 3s series F..1961
J-J
3
2Vis s f debs
Crucible Steel 3 Vis s f debs—
105%
J-J
52%
-1951
40-year, 4%s
lud
103%
103
104% 105%
3Vis
105%
J-J
J-D
J-J
101%
10Q
102%
*101%
Refunding
111
ii
gold 3%s_.i.„
Collatera! trust
104
102%
102 V
J> J
1951
1st
J-J
igsi
~
gold 3 Vis
Purchased
114%
105%
A...1981
v
gold 4s___—
1st
116
101%
:
series
RR—
1st
Western Lines
109%
23
103£
Illinois Central
Louisville. Div & Term gold, 3%s.l953
Omaha Div 1st gold 3s_™
-1951
103% 103%
A-O
34%
Illinois Bell Telep 2%s
114
113 Va
32
106% 106%
J-J
72%
26%
67
108% 109
108 Vi 110%
*113
F-A
55%
103
106%
115%
75
117%
115%
27%
106%
115
115-
96%
10534
16
61%
64%
16
*113,%
75
115 Va 115%
27'%
Collateral- trust gold 4s
ve
1952
Refunding 4s
-----._..____i.__1955
64%
109%. 109%
—
73
75
60%
96
3
105% 106
J-D
61%
102
83
94%
105%
59
56
85 Vi
27%
1st
94%
.'II
102
A-O
Extended
A-0
M-S
8
F-A
100%
63 V4
,
5
102
102
Hudsop & Manhattan 1st 5s A
1957
A Ad J income 5s__.
_peo 1957
104 Vi
75%
105% 105%
A-O
M-N
106%
84
*101
•M-N.
10.9%
92%
-^r4'
105%
A-O
1
94Vi
102Vi
94 Vz
M-N
107 Va
95
*109Vi 110
138-^fi 138%
M-N
107
107 Vi
V-A
A-0
H
106% 108%
33
108%
108
108
M-N
57 V4
*50%
mtge 3 Vis————
110 Va
GiVa
77
"
79%
76%
78%
;
\
104 %
88%
J-J
Crane Co
East
a
103%
91
72
*69%,
106 V
101
40
105% 106 Va
.
112%
a
10141'
12%
j-J
^..2015
102
110
''
Feb
112%
100%
ctfs
103% 104
,103];!
j-j :
West deb ctfs A
Gulf Mobile & Ohio 4s series
109%
110
107% 107%
1
J-J
*
88 Vi
72
mtge 3%s series 1
A Debentures
19
88
87%
4
....1946
125 % 126
J-J
Gen
108
J-J
mtge 4s series
AGreen Bay &
109
2
1083a
4s series G
Gen
101 Vi '
,
108
— ~
;
106% 1063 4
•
^
2
M-N
Power Co—
Edison
126 3 i
100
J-J
J-J
72 3
J-J
& ret
105%
1973
1976
J-J
Gen
3
120
General 5s series C
General 4Vis series D
87 Va
J-J
1958
Gen &
120
Vi
M-N
&, ref 4Vis.——-Urn
Conn River Power s f 3%s A——1961
Consolidated Cigar 3 Vis s. f. debs.1953
Consolidated Edison of New York—
Detroit
101 Vi
111%
Vi
88
J-J
Conn Ry & L 1st
Des
101%
C
*102'%
79
J-XJ
..—1977
Iron 5s. inc
Assented
107%'
104%
93
106% 108%
,
.—.1993
extl gold 4s„ 1948
El 3 Vis-——1970
Columbus & Tol 1st. extl 4s—
1955
Commonwealth Edison Co—
A
107
107%
59;,i
88
—
Debenture 5s—
ARef &
78%
Certificate? of deposit.
,
Goodrich
72%
J-D
Columbus & H V 1st
mtge
77 V»
:
1934
69
w-A
,
1993
(stamped modified);
.1980
Columbia G & E deb 5s——.-May 195k
1st
34%
77 Va
1 %
■
1st ext 6s_.
28
108
J-D
St Louis Ry
4Vis
1st mtge
105 Vi
22%
22
''
1969
Colorado & Southern Ry.—
1st
68 Vi
101%
79 Vi,
Jtf'-A
.—.1945
1st mtge
64%
6
26
104%. 104%
79 Mr1
A-O
series E—
1991
lit 4s—.
.—1990
gold 4s__
1970
Cleveland Elec Ilium 3s—
Cleveland & Pittsburgh RR
1948
Series C 3Vis gtd—_—
.—1950
Series D 3Vis gtd.
1961
Cleve Short Line 1st gtd 4Vis—
1972
Cleve Union Term gtd 5%S:—,.—1973
1st s f 5s series B gtd—.
1977"
1st s f 4Vis series C
—
Consumers
89
68%
67
J-J
84
'
1st coll tr
debs
68
87
^
J-J
Wab & M Div
Conv
M-S
t§AGa Caro & Nor
100
90%
105
'
.—.1974
Ref & impt 4 Vis
Columbus
;i.__l969
—-—-
gold 4s
Colo Fuel &
J-D
Cdi'Ij—'
i
78%.
77
A-O
General 5s series B—
Cin
const 53....1949
Utilities
&
debs-.._-„
119% 120
106%
M-N
Terminal—
3His series E_.
2%s ser G
—
St L Div
inc
78%
Union
Cleve Cin Chic &
Berg Co
Realty
conv
64 Vi
M-S
mtge gtd
1st mtge
104 Va'
97%
103 % 104%
88
J-J
1952
56%
103%
79%
—
.—1957
*
60
103
20
103 % 103%:
M-N
100%.
42
75
10%
*83
'
§ADebenture 5s
42 Vi
61
46%
11%
M-S
t A Choctaw Ok & Gull cons 5s_
1966
Cincinnati/Gas & Elec 3 xAs——
..—1967
1st
1st
36%
51%
___1943
j'-D
1956
1958
107
57%.
34
7%
...
AChllds Co deb 5s——
56%
*55
33%
39%
1962
m-s
%.•
34
533
J-D
.
.__.._1974
of
96%
J-J
212
J-D
—
134
1
100%' 100%
100%
J-J
51%
9%
J-D
..i_._.i948
46%
*100
103%
117 '
..Get 11945
50%
10%
104%
102
134
t A Georgia & Ala Ry 5s_,
Certificates of deposit,...
45%
.
134
Gep Steel Castings 5VaS
c
51
J-D
Union
Cincinnati
76 V
4s
46
J-D
Station—
....1963
1st mtge 3 Vis series F—
1963
1st mtge 2%s ser G'— >—■
___1952
Chic & West Indiana com 4s__
1st &
61%
3
—
^Certificates of depositChicago
76 %
238
General
839
M-N
4'/2S_-_—--—____1960
Orleans 5s
1951
—1951
Memphis Div 1st gold 4s__
1951
Chic T H & Southeastern 1st 5s—1960
Income guaranteed 5s—Dec 11960
gold
AConv
Chicago St L & New
102
23
*103% 104%
J-J
;_^I959
Sugar coll trust 6s
Gas & Elec of
M-S
5 A Secured 4 Vis
Gold
81
J-o
gold 4s
—
1934
series A——1952
§ A Refunding
63
66
74%
76
High
.1.
104
—
66
Low
104
103
*103
—
J-J
deposit—
of
77%
63%
103
*104
'
F-A
—.-1988
___
Certificates
774
67%
& Pacific Div 4s
1969
Railways 1st 5s stpd
25% part paid——
1927
tChicago Rock Island & Pacific Ry—
Chicago
;
—
January 1
101% 107
20
77 Vi
74%
77 Vi
Sold
No.
High
104% 104%
104%
M-N
1943
deposit..
Food Machinery Corp 3s debs-^
Francisco
106 VV106%
106 'A
Range Since
Bonds
Friday's
deposit__«i%i
of
JFloriaa East Coast 1st 4 Vis
A 1st & ref 5s series A
ACertificates
17%
J-J
City
Sioux
;
64 Vi
4s——1969
Valley Div
Plaines
92%
77%
59%
J-J
Des
86'
60%
J-J
income
conv
92 Vi
Certificates
91
A-0
A.--~-—1989
4Vis—-1999
mtge 4s ser
1st & gen
90
1 AFlorida Cent & Peninsular 5s
91%
76%
91
%
Vi
Af-N
Flinticote Co 3s debs___^__„__^„_„i958'
F-A
AMtge gold 5s series A.——T—.1975
AConv adjustment 5s
-Jan 1 2000
Chicago & North Western,
76
„196F
Firestone Tire & Rub 3s deb_;
84
145
a
or
Bid & Asked
Low
87%
69 Vi
84
J-J
74%
67
85
84
AGen
2nd
119
87V4
Vi
87%
J-J
Sale Price
102 %
87
J-J
Last
Period
Hish
Law
—'
gold 3 Vis series B—May 11989
A Gen
'
No.
Week's Range*
Interest
StoeA Exchange
New York
Range Since
January 1
Sold
Asked
Low
Friday
BONDS
Bonds
Friday's
or
Sale Price Bid &
ORD
m ;
NOVEMBER* 2A
FOR WEEK. ENDING
Week's Range
Friday
BONDS
New
BOND
TOKK
RANGE
Monday* November 27, 1944
financial chronicle
the commercial &
i2314
OQ co
1
88
65
88
23 IS
THE COMMERCIAL &. FINANCIAL CHRONICLE
Number 4337
Volume 160
NEW YORK BOND RECORD
RANGE
Bonds
Sold
Last
,
Period
or
,,
E5v>
•Leh.Val Harbor Term gtd 5s
F-A
1954
.1950
—
Lehigh Valley; N Y 4 Vis. ext
Lehigh Valley RR—
4s stamped modified
:
2003
4$ .registered;
—2003
i.A'/zS stamped .modified.-—.2003
4 Mi ft registered.——*—2003,
BONDS
Friday's-
Sate Price Bid £ Asked
Interest
Exchange
ENDING NOVEMBER 21
Week's Range
Friday
BONDS
Nevir York Stock
FOR WEEK
Uiah
65 Vi
66%
Low
56
22
High
N Y
69%
,
J -J
;
73 Vi
75%
36%
37%
35
35
40%
75Vi
;
41%
64%'- 80%
47
•
.
,
3VA
v
Af-V;
,
viiVi
-2003
Af-N
Lehigh Valley.' Terminal Ry ext 5S.1951
Lex & Eastern 1st 50-yr, 5s gtd.;—1965
Liggett & Myers Tobacco 5s——.1951
tittle Miaiin gen 4s series A———1962
'
A-£>
46 Vi
,
44%
32%
43%
36%
175'
•
.
42%
27
,
{N ¥
64%
A-O
.
:
Af-a,
"
:
27
106 Vi 106%
,
MS
A-O
103%
; j-j
•2'
104
*100%
'
107
120%
,
•
107%
94V4
/
8
;
:
•99% 106%
•
106Vi
.,
J-J
* 102 Vi
—
—
—
94%
99
99
■
M-S
,
102%-104%
'
MS
,
105% 107%
106%
*106...
F-A
.;
,
*102Vi
•
J-J
M-N
•
-
' 106V4 106%
106 Vi
112
2
113
113
__
RRAstseries A
100
13
00%
65
15
52
82
14
68%;
.-1945
3-D
4.%s series A——I960
Manati Sugar 4s sink; fund—Feb 11957
3-D
/M-N
f 5s——1953
Af-3
Southern Lines) 4s
1959
s I 6s——1947
Af-N
*44 Vi
*101%
loo•
|
71%
!
50
A-O
101
Maine Central
Gen mtge
A Manila Elea RR & Lt
A Manila RR <
Marion
s
Steam Shovel
64 V%
;8i ■.
81
.
* ;
83
1
(
102 Vi" 102'A
A-O
103%
...1940
*1033/4 104%
A-O
*101Vi
F-A
■,
; 13%
1st
gold
M-S
—1951
100V4
Af-N
—.——1952
C_
—1979
3%s__
*100
Ref & impt 4 %s. series
105 Vi 105 Vi
J-J
MS
Michigan Cons Gas 1st mtge 3%s_1969
A Midland of N J 1st ext 5s_.—1940
67
3-D
*101%
55
97»
25
106
A 1st
&
MS
ref gold,4s'—'
—-1949
ARef & ext 50-yr, 5s series A—1962
{Minn Ct Paul & Sahlt Ste Marie
1st mtge 4Vis inc-ser A—.,:
1971
Gen mtge 4s inc ser A__
—_1991
.
11%
*10%
Q -F
;v!,;'*5/.'-
1
74
Vi
J-J /;
,
98 Vi 102
101%
J-J
1st 5s_—1959
Mo Kansas & Texas 1st 4s
____199Q
{ A Missouri-Illinois RR
!
,
,
70%
747
.
'
"105'A
71 Vi
3-D
74%
67%
/
93Vi
189
4s._.
6.;
72
105
56 Vi
156
,
5s series A———1962
Prior lien
J-J
75 Vi
75
76
55
1962
J-J
63 Vi
62 Vi
63 Vi
24
1978
J-J
'
67 Vi
67
67%
A-O
48%
47
49
adjust 5s series A—Jan 196?
A Cum
{Missouri Pacific RR Co—
82
94
16%
31%
3-D
55
52%
55%
216
48%
Af-N
'
.1992
M-3
..1955
....
r-A
27%
25
{-'
70%
27%
Af-3
70 Vi
69%
M-N
,
70 Vi
69%-
'
•
.95
M-N
/
;
22'/a
ll'A
10%
482
56%
69%
70%
F-A
70
69%
,75
Vi
72%
70%
413
*nivi
3-D
_*
*4
*95Vi
.
;
75
103
Prod ,3 Vis debs—4~^1949
1st mtge 3s——...1965
A 1st
.
: 94%
100%
.
series B.*—
■
59%
,152
48%
64%
69%
66
M-N
60 Vi
60%
60
3-D
7»
93
Vi
82
3G
105% 105%
105%
& ref 4 % s
Af-N
106
105
116
'103.%
3-D
"113'A 114
J-J
96 Vi
95
96%
95
95
95 Vi
84
8
Af-S
96
114% 114%
50
114%' 117 Vi
123% 123%
J-D
Af-N
i. F-A
96%
84 Vi
14
J-J
22
122Vi
*91 Vi 100
•
106 Vi
126
105
J-J
10
J-J
105
93 V2
71Vi"
,
103%
85%
-
85
86
19
20 Va
95
15%
110
llOVa
19
108 Vi
111%
103% 103%
20 Va
110
5
102%
103 Vi
104%
21%.
110%
104
102
104
104
103%
105%
,
104
*105 Va 105%
105 Va
108%
105 Va 105%
105 Vi
108 Vi
82 Vi
A-O
88
86
•
B8%
82%
105 % 105 %
17
104
106*4
104 % 105
15
J-D
104%
A-O
108% 108%
Vi
-
86%
88%
,
47
*71%
:
M-N
102%
,
3-3
*100
A_
•
'
77%'
74Vi
-77%'
73 Vi :
71%
73%
692
59 : ;
;56%
79%
77
80',
455
63-
.
; 78 y8
'74%
■
81%
Hud River 3Vis
1997
—.1997
gold 3Vis
1998
3 Vis registered.
—a.—*
1998
Mich Cent coll gold 3Vis
—1998
3 Vis registered.*—a——*—1998
New York Chicago & St Louis—
J-J
J-J
F-A
,
Af-N
.
.
*111%
J-D
v
,
..
1st
mtge 3 Vis extended to—,
N Y Connecting RR 3 Vis A.,
N Y. Dock 1st gold 4s—
—
*103% 108
J-J
,
.
108% 108%
103%
109%
106% 106%
105%
108%
108% 108 Va
108 Vi
110%
106%
106% 107 Va
106%
110%
108
108
—.
;
—
F-A
.
;
F-A
Af-N
: Af-N
F-A
.
.
^^*..1960
A-O
107%
M-S
103 %
1st 4s series. B_,
1st
,
-
_...^...._._1956
gold 4V/2*s series C_.
5s
series
Electric
1st
&.
101%
A-O
1951
1865.
Purchase money gold. 4s.
.
2316.
A-O
1948
& ref 3 Vis series E
N Y Gas El Lt H & Pow gold 5s
3-D
1949
F-A
noi%< ~I-
A-O
1.968
N Y Edison 3 Vis series D.
F-A
99 Vi
105% 106
108 Va
22
J-D
101% 102%
113% 113%
109% 110
_il_.___._1963
guaranteed 4,/2Si.l964
Gen mtge 5s series A.
1970
Gen mtge 5s series B
1975
....
.
' 109
1st mtge 4 %s_
82
101 %
132
121
126%
105%
109 %
104
395
38%
1,254
2
1
34%
17%
104
105%
106%
104
78
34%
7
,104%
15.
23
,7%
15%
3
6%
101
IOIV4
11
100%
101%
103
104
104
104%
*103
Af-N
,
—
F-A
\
J-D
Af-N
F-A
F-A
Af-N
J-D
19%
17
*112
II-.
112%
112%
*113%
.
—
112
114
*114Vi 117
113%
115
*122
122
123 Vi
123
124 VA
—
*1231/2 124 Va
127 Va 127 Vi
24
116%
127%
130
1271/4
A-O
1st mtge 4%s series B
_...___1950
Pitts & W Va 1st 4%s series A
1958
105 V a
1093.<j
1st gen 5s series B
106
110'i
1st
113 V A
115%
1st 4%s series D
109%
111
100
104%
3-D
1st mtge 4%s series B
;
1959
1st mtge 4 %s series C_—.L....1960
Pitts Young Si Ash 1st 4s ser A
1948
.
3-D
25
5
105%
87% 100
14%
F-A
.
.1950
78%
10
107
95%
15
Pittsburgh Cine Chi & St Louis—
Series D 4s guaranteed..
1945
Series ET 3%s gtd gold
.._1949
Serijs F 4s guaranteed gold..._1953
Series G 4s guaranteed*ui.._*._1957
Series H cons guaranteed 4s..i.I960'
cons
78
53
VL01.
105% 105%
Af-S
J-J
1937
......
1964
76
33%
104
j
81
131
1
108
:_1963
;
tlAHiilippine Ry 1st
39
*107% 107%
113%
102%
105
991-! 100
;
103%
lOOTi
A-O
3 03
87. V
'
:;i.,
J-J
77%
55%
23%
,
14
116
130%
102%
105%
101%
105
; 130
73%
95%
94
105^4
1961
33%
112 3
103% 107
126 % 126 Va
J-J
79%
91
101%
*131%
Af-S
s i 4s
deposit.
Phillips Petroleum 2%s debs
100 Vi
105 Vi
Af-N
of
52
33
J-J
ref. 2%s_—.1971
debentures
17
,
104% 105
J-D
.1949
ACertificates
117%
105%
47
1977
AConv deb 6s
3s
10
78
46
F-A
.
109
99% 100
104%
Philip Mdrris Ltd deb 3s——.... 196?
.
105%
1
*106
J-J
Af-3
.
.1974
B
General
78%
181
103% 104 Va
77%
47
•
* J-J
1980
Phelps Dodge Conv 3%s deb_.
.1952
Phila Bait & Wash 1st gold 4s—
65
107% 108 •
102
103 Vi
126%
109%
A-O
: Apr
F-A
4s
.62%
63
119%
115%
M-S
Apr 1990
Peoria & Pekin Union Ry 5%s-.._1974
Pere Marquette 1st series A 5s-_.-1956
A Income
~7
.5
109
15
•
-.1947
Peoria & Eastern 4s ext..
Series J
■
58
126% 128%
Vi
117%
Series I cons 4%s
72
125
117.% 118 Va
126
3-D
104 %
84
76%
109%
109%
107,%
99%
93
81 Vi
121
31
124 Va 124%,
•
98%
67
69%
.
47
106%
104i%
78%
72
106
J-D
,
108
*108% 108%
106%
A-O
.
108
104
20
75%
•
111%
106
108%
J-J
.
3V4s-...__*.........;i952
98
72
108
105
....
.
104%
Pitts Steel
1965
:
97%
100% 101%
■■■-' A-O
deb
93
76%
1947
*
83 Vi
103Vu
;
97
8lVi
*81
:
1974
series.CA—;
86
105'A'
1-16 Vs
105%
79
81%
F-A
F-A
97%
106
101 %
113%
Vi 102%
'*114.;
106
92 Vi
F-A
1978
series A
96%
97%
106
110
102
106'A
110
110%
53-
Peoples Gas L & C ref 5s
78
73. Vi ' ; 88 Vi
74
.: 85%
.4
j.j
-
;
.
103%
108
108%
1
109% 109%
.
3-D
-
-
81
69
111'A
J-D
-
{Philadelphia & Reading Coal-—
Aref 5s stamped..
.._._*._.1973
71-%
110%
107
62
Phila
72.,:
106%
14
63
83
18
29
107% 108%
117 W
86
27
100
106% 106%
,117%
71%
82%
98
—
103%
108%
117
70%
86
82
*100
3-D
117
gold 4%s series C_.
Philadelphia Co coll tr 4%s..
33
;
J-D
117%
75
A-O
99 Va 101%
109% 112 %
103
104,
106%
A-O
page
110%
117%
62
*85
F-A
;
1968
....
96
2013
Vis series A...
see
89%
105 V'a
15
J-D
4%s series A.*.*_*-_.-1965
19
86
.
-
1948
22
278
For footnotes
89%
67%
■'
72Vi
•
.
F-A..
•
.....1981
106 Vi
F-A
1st lien
67%
,
J-J
General
'
•
*70
3%s :* registered
.
U
55"
89%
89%
J-J
.
,
1952
71%
105,%
72%
A-O
*85
—1950
Lake, Shore coll
.
100%
A-O
94Vi' 105V2
4.
:
(
.
£0%
A-O
Conv
105%. 106'A
'
'104
T-b
,A———1954
deposit—
..A'
Ref 5Vis
348
Geri mtge 4 'As 'series E._._..„._1984
"
J-J
of1 deposit.
Ref >4%s
84
...*....1970
General^V^s series D......
>..1981
-
88
38
106Vi 106 Vi
series B
General 5s series B
Debenture gold 4%s.*i
1031b
103%
:
"
.
66
'
J-J
.
4s sterl stpd dollar.
May 1 1948
Gen: mtge 3%s series C
1970
Cons sinking "fund 4%S-.*.,._.-_19G0
108
102%
113%
102% 102%
105%
5
3
99%
102%
A-O
Ref & imoL 5s series C..—_——2013
.
61%
1
*99% 100%
Af-N
1st & ref 3%s ser D
1968
Penna Power & Light 3 V2S..1969
4%s debentures.
..1974
93%
20
107'A
107
107%
MS,
Bridge Co—
gtd 4Vis_*'_——_—.——1945
Y Cent &
'A 100%
3-D
.
3-D
"
N Y Central RR 4s series A——1998
N
210
83
*—.'
J-D
:
1960
Pennsylvania RR—
Censol gold 4s
112
Newport iri Cincinnati
Ref & impt 4
70%
51
105 % 107%
Af-3
1st
;
65
110
(
———1956
4 Vis series D——.
General
103%
53
65
87%
'87%
■
J-J
1946
Gtd 4s series E trust ctfs.,
112%
.108;,
"
93
ACertificates of
.
88 '/a
188
99
105%
J-J
'
.1946
,1946
Pennsylvania Glass Sand 3%s__..„_196G
Pennsylvania Ohio & Detroit. RR—;
96%;
43%
1
108
108
'*110
-
F-A
deposit———
5 Vis series
57
68 %.
'
Af-3
.
,
63 Vi
47 Vi
2
60%
66
M-N
1954
—a
-
ACertificates
107 %
81
89%
'
A 1st
92%
66
89%
F-A
■
.
5s____._1945
gold 4s
cons gold 5s
61
series C~*
5s
100%
Pennsylvania Co-—
; Guaranteed 3%s trust
ctfs D...1944
101%
31
60%
ACertificates ;of, deposit———
A 1st
189
105% 107%
82%
F-A
1st & ref M 3s series K_.
1971
Pacific Tel & Tel 3V4& series B
.I960
Ref mtge 3V4s series ,C_
...._1966
Paducah & 111 1st s f gold 4%s
.1955
'
of: deposit—..—
of
129
121%
'
114 Vi
109
96 Vi
M-N
{ANew',England RR gtd 5s.——.1945,.
A Consol gtd 4s__—i:
.—1945
New England Tel & Tel 5S A.—1952
1st gtd 4 Sis series B„
1961
N J Junction RR gtd 1st 4s—_1986
New Jersey P & L 1st mtge 3s._.-l974
New Orleans Great Nor 5s A—.—1983
N O & N E 1st ret & imp 4 Vis—1952
New Orleans Terra 1st gtd, 4s.
1953
{New Orleans Texas ,& Mexico Ry—
§ANon-cum inc 5s series A...—1935
5s
133%
129
133%
*64%
Paterson & Passaic G & E cons 5s_1949
111%
101% 101%
3-D
Prod 3>4& debs.—.——I960
A Certificates
1st
con
Panhandle East P L 3s B__,__
107
111
105%
__
105% 105%
,
__
101%
Af-N
■
72%
GO"
104%
108Vi 108%
A-O
13%
72%
-56%
20
*■
"
'101
9Vi
56%
.
412
'
75
.73%
.
F'A
A-O
RR 1st gold 4s_—.1954
Newark Consol. Gas. cons 5s—..v—1948
...
48
.
1st & ref mtge 3%s series I~;__ul966
1st & ref mtge 3s series J..*_.
1970
73
56%
217
11%
70 Vi
M-S
'
{ ANaugatuek
A 1st
89%
.47%
40
125
68%
J-J
.
82%
34%
116
Vi
J-J
.
39%
102 % 103%
107
J-J
.
61
118
86
133
J-J
,
110%
*121
Q-F
.
109%
107%
20
*129
Q-A
.
31
106 3 a
84%.
,
95
111
18%
392
38%
■
Q-J
Q-J
»
Pacific Coast Co Isu gold 5s.._l*.1940
^Pacific Gas & El 4s series.G_..**.1964
.
30
General
ACertiiicates
O-A
14
87
~i,
26
*34%
Af-3
2047
Guaranteed stpd cons ,5s
.
Steel
39%
50%
21
Vi
108
95
*102
N
Dairy
86
A-O
^
7
107% 107%
Af-3
.
28
*107%
F-A
■
8
,
21%
J-J
*
15
*91%
A-O
' "
25
109 % 109 %
25
M-.9
.
18
109
34
7%
109 %
3-3
Vi 108
105%
36
8
J-J
105
•
5
47%
18
Af-N'
,
~4y
69 Va
111%
45%
:
5%
52
106
105% 105%
F-A
18%
3%
,
106 Va
105% 105 V«
F-A
1967
15
32
57%
211
703,4
A-O
Nash Chatt & St L 4s series A—-1978
Nat Distillers
•47%"
1
4Vb
*10o% 107
,
Na nohal
105%
J-J
;4%s—..1946
;
68 %
*106
J-J
J-J
G%
61
15
3%
67%
69 Va
:1B6% : : 72%
) 1,111
70%
M-N
"■
—
Nat
13%
4VB
Lake Champlain Ry—
Oregon RR & Nay
Ore Short Line. 1st
"
—1949
gold 5Vis.;
ref gold 5s series H
&
69%
'
1980
A 1st & ref 5s series I
——1981
Moh'k & Malone 1st gtd gold 4s—1991
Monongahela Ry 3 Vis series B—1960
Monongahela W Penu Pub Serv—
1st mtge 4 Vis—.——
.—I960
6s debentures
1965
Montana Power 1st & ref 3%s
1960
Montreal Tramways 5s ext
—1951
Morrell (John) & Co 3s debs
1958
Morris & Essex 1st gtd 3 Vis—2000
Constr M 5s series A—.——1955
Constr M 4Vis series B—
1955
Mountain States T & T 3Vis__
1968
Mutual Fuel Gas 1st gtd 5s
*1947
A 1st
70 Vi
Af-a
& xef 5s series A
AConv
,,
A-O
64%
36.
81
14%
68%
J-D
'
107%
'
—..1965
AGeneral 4s———i
—.——1975
A 1st & ref 5s series'F
1977
A 1st k ref 5s series G_—
1978
A 1st
63%.
102%
107%
Ontario Transmission
77% 1
57*'
*106
mtge 3s_i—1974 '1,M-S
Oklahoma Gas, & Elec 3%s
1966
J-D
74 Vi
53%
20
'■
■?
64
23
.1st
.
64%
•
50 %
0
Missouri-KansaS'Tex^s RR—
40-year 4s series B
—
Prior lien 4Vis series D
201
■
169
:iAisf. guaranteed 4s..._...—...1948
Ohio Edison lst jntge S^^s-—T.__.1972
102,
100
'
•
57%
54%
.
61
25'A
1st & ref mtge 3%s_._._1967
{Ogdensburg
/6iVi:.; 74%
'
59%
;
J
J-J
45%
t-
12
3%
;
5V4
.
56
88 Va
Jst 'mtge- 2%S-..___^_L...._.1974 '
(Wise) 1st mtge 3%s.—..-**-.1964
{Minneapolis & St Louis RR—
.
61
50 Vi
.47%
'<
92
7%
42
92
89%
103Vi
75%
"
92
46%
22
Pacific,Ry
(Minn)
1
'
46%
,135
87%
.....1954
...
Northern States Power Co—
I
;
.
94%
108%
'71
85
52 Va
25'
Ref & impt 5s series D_*....*..2047:
j,
1'
105Va
73
106%
10
67
66
J-D
AS Con sol ext 4%s_.—..———u—1939
,
102%
1
-
173
94%;
107% 107%
A-O
{§ AMilw Si Northern Jst ext 4%s__1939
92%
94
-
52%
49
:•
88%
Ref & impt 4%s series A
.2047
Ref & impt, 6S'. series B..____.__2047
Ref & impt 5s. series C._..
-2047
Micnigan Central-
Jack Lans & Sag 3Vis
59 7/a
49%
52%
50 V-i
1907
registered......^.*..
3s
/
19%
95;>
20
60
45%
M-N ;
Gen lien ry & Id gold 3s.,.—Jan 2047'
,
'
201 Vi
92
*13%
45%
113
A-O
,
prior lien 4s_.l997
4S registered....—........
.1997
v;
,
60%
8
50%
1957
4s
4s
Northern
|
106
46
50 V«
47%
,
57%
Norfolk & Western Ry 1st gold 4s„1996
North Central gen & ref 5s._:
.1974
; Gen & ref 4 Vis series;A...*:.
:1974
j
.;
50
102%
101% io2%
52
J-J
4s."...1993
N Y Queens El Lt & Pow'3%s..—1965
N Y Rys prior lien 6s stamp...
1950
N Y Steam Corp 1st 3 Vis
..1963
{f AN Y Susq & W 1st ref 5s
...urn
A 2d gold 4Vis..____i
.1937
i A General gold 5s_.
...1940
A Terminal. 1st
gold 5s_.._._.
1943
*63%
A-O
Stamped
—————————.
McCrory Stores deb 344———1955
Metrop Wat Sew & Drain-5 Vis—1950
{SAMet West Side El (Chic) 4s„ 1938
^
64
38
49
J
AGent mtge 5s;conv
inc_...._r__2014
{§ANorfolk Souiiern RR 5s A.„.196i'
i
v
89 Va
48 Va
J-J
Norfolk Southern Ry Co—
1st mtge 4%s series A__i_.._.^1998
-
'
-i
83%
77
50 'A
'
v
M
71
39
51%
J-J
Niagara Falls Power 3%s._..
,..1960
Niag Lock & Qnt Pow 1st 5s A...1955
113
;
58
89 %
50%
1948
{5AN Y West &.Bost 1st
101% 106%
14.
83%
88%
1950
NY Telephone. 3'/4S series B_._
100
V 104
103
-
110%
81'/a
83%
Af-N
1950
deb
AGeneral
108
104
15.
106% 106%'
106%
106
5
30
106
r:
A-O
106%
105% 106
106
,.
A-O
101%
...
103
A-O
N Y & Putnam; 1st cons gtd
102%
*109%
108 V 2
102
Af-S
..1955
...
{AN Y Ont & West ref gold 4s
110
100%
High
104
Jf-S
"
1947
Debenture certificates 3 Vis.
1st
93% 103%
;
8
108% 108*%
{AHarlem River & Port Chester—
104%
63
105% 106 Vi
•;
A-O
4s
.**1947
A 1st &, ref 4 Vis series ot 1927.
1
118%
105
:
—
106%
,
A-o
■.
4s
ADebenture
102
:
106%
*106
,
deb
den
,1.—*;
§AColIateral trust 6s_.
104
-
31
103'A'
103
1
Af-a
119
103% 104
v
103 Vi
M-S
10:
107
•,
Low
NO.
*109%
—
Af-N
......^.1954
a
107
103Vi
r-4
107
119
107
:F-A
■■
.....
3%s
AConv
106% 107
107
3Vis
ANon-conv
*109
MS
4s
deb
ANon-conv
123% 127 Vi
119% 122 %
'.
■
120%
*120
M-N
"
'
deb
deb
ANon-conv
78
'
108%
'
Range Since
January 1
Sold
Hiah
New Haven & Raruord RR—
ANon-conv
57
.
*126
Jlf-N
J-J
3-3
* ' AfrN
—l..*...—19f3
ANon-conv
,46%.
49
'■ .75%
4Vis series Bi.
46%
35
4.
39
74
75
33
19-
•
■.45% ..46%
,'■
A-O
Long Island unified 4s———--1949
Guaranteed ref gold 4s..——1949
,4S ,stamped_i.-___—1949.
Lorillard (PJ Co deb 5s_——..1951
,3s debentures ———^——1963
Louisiana & Ark 1st 5s series A—_1S69
Louisville Gas & Elec 3'/is.———21966
Lou & Jeff Budge Co gtd 4s
—1945
Louisville & Nashville RR—
1st & tef 5s series B_——2.—2003
\
1st & ref 4%s series ,C———2003
1st & ref 4s series D———.2003,
1st & ref 3%s. series E——,—2003
Unif mtge 4s series B .ext———1960
Paducah & Mem Div 4s——1946
St Louis Div 2d gold 3s—...—1980
Mob & Montg 1st gold 4%s
1945
South Ry Joint monon 4s_.____.1952
Atl Knox & Cine Div 4s—
1955
.
.39
39
.
5s stamped modified——
546'
2000
2043
Mtge 4s series B
1.*
2043
N Y Lack & West 4s series A...—1973
,
,
& Harlem gold 3%s....*.
Mtge 4s series A
;
:*
<
Bonds
Friday's
or
Sale Price Bid & Asked
Low
'
'.; Af-N
Week's Range
Last
Period
January 1
No.
66%
Friday
Interest
New York Stock Exchang*
Range Since
gen
Fittston
5s
Co
inc
deb
*104
1041/4
60
76%
79
A-O
78
78
A-O
77%
.78 %
79
J-D
1962
....1974
,
59 Vi
8
58%
18
58
107
*106
83%
83
83
107 V i
.121%
121%
86
97
J-D
1977
series C
5 V2
J-D '
6
104 V'a 104 Va
J-D
—1964
F-A
J-J
*122%
95%
95%
95%
,
%
Monday, November 27, 1944
COMMERCIAL & FINANCIAL CHRONICLE
THE
2316
BOND RECORD
YORK
NEW
ENDING NOVEMBER 21
RANGE FOR WEEK
Week's Range
or Friday's
Sale Price Bid & Asked
Interest
Period
Exchangs
York Stock
rfew
Last
M-S
J-J
J-J
F-A
/-J
Gen Elec 1st 4Vis
—1960
extended to_—;————1950
El Pw-r 1st M 3%s_.—11956
1st mortgage13 %s—.
21977
Pressed Steel Car deb 5s
1951
Fjrtland
1st 5s
Potomac
—1907
—^1956
3143———1968
.
—19 7A
———-2037
2037
Seourities 4s__
improvidence Terminal 4s
Improvidence
El & Gas
Public Service
rei mtge 3s
1st &
1st It
ret mtge 5s
&
ref mtge 8s
1st
;
<
■
—
24
•
■
6199%
.
■
J-J
M-N
J-J
J-D
100Vi
17
*110'%
—'
105%
J-J
* 106 (i
107(4
*148(4
—\
103%
,
•
99%
11
100
M-rt
*103% 104%
102%
Jf-N
Assn
refund
coll 4s—
*107(4
J-J
...
A-O
104%
103% 105
J-J
105%
106(4 106%
69
mtge
3%s series H
Vis series I
4
1
J-J
stamped
:
106
95%
65
62
62
81
105
105%
105% 106,
__1968
M-N
105%'
...2UU0
J-D
126%
126
debentures.^
18
Ave
66%
M-S
M-S
1949
J-J
J-J
.
49%
16V4
17%
12
19(4
6
16
16%
24
■/. 16%'
-4
&
6t Lawr
gold 6s_
2d
"
A-O
,o.
.
.
deb—
1st gtd 4s
ISeaboard Air Line Ry—
Alst
37%
37
48%
37%
65
91
38%
I.
105 V4
128%
*'■
See
75 vi
75 %•,:
21(4
34%
48 (i
34%
77
34
34%
33
48
47%
48%
426
47%
47%
85
27%
10
46%
47%
421%.
68
47%
47%
M-S
67%
*67
"47%
t'-A
49%
24%
24(4
8
23%
24 Vi
23(4
24%
101% 102
16
102
,102
1
68
101%
68
7:
103% 104
A-O
1952
debentures
...—
Pacific Co—
(Cent Pac coll)
Southern
Aug 1949
1949
1st 4 Vis (Oregon Lines) A——.1977
Gold 4 Vis
1968
Gold 4 (is
——1969
Gold 4 Vis
1981
Ban Fran Term 1st 4s
.1950
South Pac RR 1st ref gtd 4s.
1955
registered
4s
1—
5s——3994
1st cons gold
4s series A
Devel & gen 6s——
Southern Ry
Devel
—1956
1956 *
& gen
Devel
&
Mem
Div
6Vis—.——.—.1958
gen
3996
1st gold 5Si.
1st gold 4s
...3951
Southwestern Bell Tel 3Vis B_
1964
1st & ref 3s series C«i-———1968
Louis Div
4s
—1972
1st gold 4Vis—2013
Pub Serv,
Southwestern
ASpokane Internal
Vi 109%
:
.u
101 %
94
.
69
95
135
66%
541
65%
87(4
85%
87%
364
65%
101%
106 Vi
106%
13
105
104% 105%
232
A-O
7
107% 107%
1
116%
%
xu
WEEKLY
delivery sales are disregarded In the week's
footnote in the week in which they occur.
No account is taken of
in
a
following extensive list we
In the
Nov.
security, whether stock or
include every
L'/u
of
York
Curb
Sale Price
ACF-Brill
Acme
Aero
Wire
Motors
co
AND
2(4
Inc
footnotes
see
1
(NJt
Torn
page
800
3(4
4
3.500
9(a
3%
Hill
9(4
1.000
2321.
I
12%
700
/ V4
12%
...Sfle
100
7.100
2%
Sep
Jan
26(4
Oct
Jim
6% Feb
2
4
38%
53
98
202%
101(2
101
110
101
117 CR
118
118
119
106'4
109%
10
109 J/2
112%
62
88(2
105 %
98%
107%
*106% 106%
J-J
102
100%
110
105(4
104% 105 %
M-S
104
108% 107
102% 104
M-N
107%
106% 107%
20
101 '/a
108%
105% 106%
43
102
107%
106% 107
59
100%
107 '4
102
15
101
102%
A-O
J-J
J-D
106%
M-S
M-N
J-J
67%
66%
M-S
67
61
70
65(4
69(4
3
154
102%
M-S
100(4 101
100%
74
117
,
*65
18%
55%
72%
53
69%
111%
91%
101
169
73
104%
116%
117
71
72%
1C4
77%
101%
*103% 104
A-O
■
110
72
.
*109(4
117
57%
74%
60%
"2
70
18%
10
14%
16%
10
14(4
109% 109 %
A-O
18(4
16%
M-N
1
109%
110%
107%
111
101%
106
*108% 109 %
J-J
3V4s._.—1971
—1960
sale, not
n
104%
U-N
20
104% 105
Included in the years range,
22%
18
e Odd-lot sale not
d *x-interest.
Under-t.he-rule sale not Included In the year's range,
r Cash sals
y Ex-coupon.
tThe price represented Is the dollar quotation per 209Accrued interest payable at the exchange rate of $4.8484.
the only transactions of the week, and when
for the year.
<
Beetion f7 of
selling outside the regular weekly range are show*
•
York Curb Exchange for the week beginning on Saturday,
entirely from the daily reports of the Curb Exchange itself, and is intended to
occurred during the current year.
^
*
v
1
NOVEMBER 21
York
Range
Last
Exchange
Curb
Week's
Friday
of Prices
Low
Par
Sales
for Week
Shares
21
Jan
4% July
10
July
Feb
13(4
Oct
Jan
8(4
Oct
Air
Investors common
Convertible
...
preferred
Alabama
86
Power Co $7
preferred
..50
preferred
...
'"egheny Ludium Steel
...
7% pfel
100
Jan
35%
"
3%
95%
118
*
3
Jan
35
.
3%
96'
118
300
30
10
1
High
Low
2
;__2
10
..3
Electric Appliance
Alabama Great Southern
Air-Way
Range Since January
Hum
High
Sep
3(4
x838
•
*99(4
118
J-J
Range since January 1
Sep
95%
102%
F-A
84
6
101
*100(4
Sale Price
19(4
56
EXCHANGE
New
2(4
68
51
the transactions on the New
Low
20
20
common.."., "11111113
Arrpscnrips
2%
28
79%
100
J-J
such sales in computing the range
Sales
Shares
89%
88
77%
*102
J-D
104%
100%
40
87
J-D
STOCKS—
High
101% 102
101%
deposit..
delivery
Deferred
.,
22
j
1
B
Associates
Afrrroft
For
II"
Supply Mfg class A
Class
l
„
99
YEARLY RECORD
range unless they are,
RANGE FOR WEEK ENDING
Zlv:1'
.
JO
common..
Ainsworth Mfg
Air
warrants..
of Prices
Low
Por
„..
107%
106% 111
^Negotiability impaired by maturity.
for Week
Rnnsre
t.n«t
Exchange
n
Week's
Friday
8TOCKS
New
I
3
50%
...1949
Sheet ft Tube—
f 3V4s series D
051
«...
107% 107%
-
103(4
30
ABonds selling flat
(Nov. 24, 1944). It is compiled
bond, in which any dealings have
i>
90
25
99
fCompanies reported as being in bankruptcy, receivership, or reorganized under
the Bankruptcy Act, or securities assumed by such companies.
♦Friday's bid and asked prices; no sales being transacted during current week.
60
furnish a complete record of
present Friday
ending the
and
18,
98%
111%
100;
•;
*103
.
'
111%
49
and deferred
113
106
J-J
Included in the year's range,
'
52%
52 Vi
l
112
104(2 106%
50
1960
Central 1st 4r
pound unit of bonds.
112%
110%
*110%
52%
j-s/u
not
107(4
109
109(4 109%
__
-103% 103 Va
103%
-..
2361
included in the year's range,
-
100%
J-J
Apr
Q4%
114
100 Vi
J-D
•
*106% 107%
2361
i
1st mtge s
a
110
Vi
96
4
106%
99%
X
!
105V4
7814
5
*116(8
106
109%
*105% 106(4
'
•
F-A
1951
;—1960
..1951
gold 5s
Youngstown
120
92
TO
113% 113%
111%
97%
112(4 112%
-
■
87%
91%
98
94%
93
109% 110
*110
■
87%
105
32
118% 119%
107
102(4 106%
26
98%
98(4
Q-M
...—1967
Wisconsin Public Service
107
J-J
A-O
102%
89%
95
106%
98%
F-A
1st 4s___1936
A Certificates of
deposit
—
Wisconsin Elec, Power 3%s___
...1968
NEW YORK CURB
NOTICE—Cash
lyoa
Power 3%s series
ACertificates
90% 101%
89%
87%
m-n
104%.
•
106(4 100%
*101% 103%'
100va
105
(i
106
101
;
A-O
|AWisconsin
87(4
113%
105 'a
79%
109'
85
J-J
101%
105
Apr
107
91%
J-J
104
1
105
__
J-J
Winston-Salem S B 1st 4s
89%
87%
94
1(0%
% 101%
lf-S
106 %
94%
119
106
11
-107-
101
A-O
124
MS
A-O
19
107
Apr
5s____
Westinghouse El & Mfg 2(48.
West Shore 1st 4s guaranteed
103%
,
M-B
J-J
108%
J-J
1971
3%s
mige
Perm
25-year
105%
484
J-J
17
M-S
9
—
Stamped
109% 109 %
109%
A-O
|ASu & Du div & term
*99%
A-O
8
A_.._..198i
30-year
70 Vi
52(4
103
99% 100
\M-N
!m-n
5
108%
M-?
13
108% 108(4
J-D
106(4
106
U-N
123
107V4 ,107%
108%
106
F-A
105%
23
105% 106%
J-J
1979
.
106% 106%
106%
A..^1953
.....1957
*
100(4 102 %
103
*126 (4
A-O
37
106%
M-S
4s
1949
Wheeling Steel 1st 3%s series B—196Q
Wilson & Co 1st mortgage 3s
1958
*103(4 103%
r-a
A-O
104%'
F-A
1st tef gtd gold
Registered
J-J
102(2
A-C
Wheeling & Lake Erie RR
Socony-Vacuum Oil 3s debs..—...1964
South & Nor Ala RR gtd 5s
1963
South Bell Tel & Tel 3%s_—
1962
31
A-i>
l.___19G6
Western Maryland 1st 4s
...
1952
1st & ref 5 (is series A____
1977
lAWestern Pacific 1st 5s ser A—1940
Western Union Telegraph Co—"
Funding & real estate 4%s—-.1950
102%
100
2
F-A
104 %
series.B..i.. 1991
4s inc series
mtge
mtge inc 4('4S
Gen
54
F-A
J-J
106 %
104
.1959
4s series A._
mrge
West
62
1
24%
J-J
■
48
47%
M-S
103%
J-D
3%s__2000
Washington Central Ry 1st 4s.
^.1948
Washington Term 1st gtd 3%s
1945
1st 40-year guaranteed 4s_______1945
Westchester Ltg 5s stpd gtd____._1950
34%
20
28%
34%
34%
1945
20%
18
20
A-O
Walworth Co 1st mtge 4s
77 Vi
..43
;
34,(4
A-O
debentures.—1950
Ekelly Oil 3s
•isi
Gen
.76%
43 Vi
117
76%
75%
112'
110%
111%
W
Warren RR
A-O
106% 107%
Wabash RR Co—
City fc
Sioux
St
103%
10
76
111
U-Cf
3Vis series B_4_._.1968
1st-& ref mtge 3s series D___—1974
Va Iroa Coal & Coke 1st gold 5s._1949
Va & Southwest 1st gtd 5s_.—
^2003
1st cons 5s...
....
...1958
Virginian Ry 3%s series A_.
...I960
38%
104%
1261/2
75%
103%
120
107% 107%
A-O
4(4s w
Gen
76
101%
103
104
105% 105%
105
30%
8
101%
J-J
—
104% 104%
40 %
104,
67%
92
105
*128
.
88%
96%
J-J
.1947
1970
4s
Cons;s f 4s series
82 V4 4';
,
102
*103%
A-O
%_
107%
—
38%
71
30%
F-A
Va E!ec & Pwr
86^2.
53,
67%
129
,
*—•
M-S
'
82
37%
W-8
2%s sinking fund debentures.—1961
l§ASilesian-Am Corp coll tr 7s
1941
4s
70%
65%
61%
U-N
(Guaranty Trust )—
ACt-fs of dep (Chemical Bans)—
tSAAtl ft Birm 1st gtd 4s —
1933
ACertificates of deposit————
|ASeaDoatu All Fla 6s a ctis
1935
A6s series B certificates., .——1935
Shell Union Oil 2V4s debs—.
.1954
3s
97
15
*104%:
43
37%
*101% 102 %
Pacific RR—
& land grant
Vandalia RR cons g 4a series
106%
11
86%
38
87%
36%
*164
J-D
1959
....1967
debentures
1st
■
37%
,28%
30
37
106%
86%
87(4
J-J
■
84%
67%
ACtfs of dep
debentures 4s
Pacific Div—
Chic & Northwestern Ry
•
A-O
1959
Simmons Co
28%
926
63
86%
F-A
.
A
6s series
cons
36%
J-D
§A4s golu slumped
.
ACertificnte of deposit————
SARelunding 4s_
ACertificates of deposit
7
J-J
deposit.——,——
of
ACertificates
44%
106,
101(4
103% 104%
*107 %
A-O
United Stockyards
50
44 %
J-J
1950
unstamped
trold 4s
§ A 1st
36Vi
106
30%
4-iJ
46
127
37%
12
46%
32%
45 %
J-J
1971
1952
1989
Depot 314s B
Distillers 4s s f
V & N E
33
12
44%
36%
& ref
Paul Union
452
41%
4*%,
U-N
& unifying :5s
1952
gold 5s series A-—-1990
Duluth 1st cons gold 4S-1968
1§ASt P ft K C Sh L gtd 4V2s
1941
Scioto
42%
100% 101 %
.1945
Universal Pictures 3%s debs
94
41%
M-~a
S Alst term
Schenley
41%
102%
89%.
44%
St Paul &
St
97%
1
"i
41
Certificates
AGen
91%
;
j-J
of deposit—-----APrior lien 5s series B
1950
ACertificates of deposit—
ACons M 4Vis series A——1978
ACertificates of deposit stpd——
tSt Louis-Southwestern Ry—,
1st 4s • bond certificates-.
A2d 4s inc bond ctfs_
—Nov 1989
a
100%
91%
100
J-J
A-,.——1950
4s ser
Prior lien
100 Vi
J-J
—1955
58 stpd
Francisco Ry
1st Louis Ban
A
5s__——* 1959
1st mtge
100
M^8
.
Rockv Mt ft P
101%
100'.,
J-D
35-year 3Vis deb
.....1971
Ref mtge 3%s series A
198U
United Biscuit 3Vis debs.
__.__.1955
United Cigar-Whelan Stores 5s^.__1952
United Drug 3%s debs
.....1958
100%
95
*_.
101%
79%
A-O
Gas & Elec 1st
34-year 3 Vis deb
77%
95%
13
99% 100
M-N
§Alst 4s stamped——a—1933
A Certificates of deuosiU-;——_
Bt L
77%
•
81%
M-N
Union
76%
f>3
126(4
49
1971
<
2
106%
267
ISAUnion Elev Ry (Chic) 5s
Union Oil of Calif 3s deb
& Southern-
|St Louis Iron Mountain
River & Gull Division
St X Pub Serv
77
77%
\
115%
99% 101%
of Mo 3%a
106;
62%.
15
U
108%
106
78%.
*71%
J-J
1990
„—
105
J-J
126%
100(4 101%
J-J
__l9ou
Jan 1960
Cent ref ft impt 3%s._1960
Ry 1st ref 4s
Union Electric Co
■
11
105% 105%
A-O
Ltd 1st M 4Vis——1966
Grand Island 1st 4s_—-1947
& Adir 1st gold '5s—
1996
105% 106%
100%
50%
11
88
32
100%
110%
39 Vi
109%"
49(4
15%
49%
105%
105% 106%
J-D
West 1st 4s—1950
Buff 1st gold 4s._1940
gold 5s
1949
Tri-Cont Corp 5s conv deb A__
1953
111%
107%
/'—
*108(4
M-S
1934
111%
*lll(i
M-S
1969
„
91 (4
105
j-d
Toledo St Louis &
Trenton
*125%
.
10
A-O
AAdJ income 5s
Tol ft Ohio
•
34
.
A-O
Toronto Ham &
M-S
Saguenay Pwr
St Jos
...
Gen ft ref 5s series B
...
...1979
Gen & ref 5s series C
—1980
Gen ft ref 5s series D_._
Texas Pacific-Missouri—
•r Pac
Tenn RR of New Orl 3%s—1974
3s
•'
Pacific 1st gold 5s
&
Third
90
44 Vi
21
95
95%
A-O
1941
lARut-Canadian 4s stpd——
ISARutland RR 4Vis
106(4
104 % 107%
101 Vi 103%
21
103% 103%
1967
Vis series J
—...
J§AR I Ark & Louis 1st 4Vis
mtge 3
Gen
106%
107% 107%
M-N
.1967
mtge 3
Gen
94
94 Vi
J-J
106
105
106Vi
97
74
.1997
& Elec Corp—
.1977
mtge 4V4s series: D———
Gen
105%
A-O
...1977
1
.1951
Rochester Gas.
Gen
F-A
...1959
3s
113
105% 106 3/4
'
105(4
...1950
5%s A
Company 3s deb—
118
111
111% 111%
.
'
mtge 3%s series I L-1974
& impt
Texas
J-J
106%
117
120
*117
J-J
gold 4s
t
s
Texas
100%
R
A——...
.1997
Gen ft ret 4Vas series B
.1950
Remington Rand deb 3V2S—
i960
Revere Copper & Brass 3Vis--.
.1939
|§ARio Grande West 1st gold 4s_,
.1949
A 1st cons & coll trust 4s A—
105%
104% 107.%,
J-J
Terminal RR
Ref
Reading Co Jersey Cent
Gen ft ret 4 %s series
102
103 3.V 105 (2
1951
'"•tin Coat Iron ft RR gen
224%
Men
J-J
5
103% 103%
*106% 106%
of St Louis—
...1953
...
148(4
224
'
1964
104% 106%
*104% 105%
Tcxarlcana & Ft Smith
2%s deb—
9
J-D
^^-^1959
1950
...1901
debs..
Superior Oil 3 Vis debs......—
Swift & Co 2%s debs—
Oil Corp 3%
Sunray
"
Quaker Oats
102% 104.
5
■
•
100%
953
debenture ;
!2%s
••
147 %
.
*222%
100
'.
110%
106% 107%
-
;
—
v-
J-D
Cow: High
NO.
110'
'■
•
103 .
30%
98%
5
Standard
109 %
113%
17
'
■
105%
January IJ
Range Mnee
Hiah
103% 102%
105
105 %
F-A
2%s debs..—^1960
Oil N J deb 3s
1961
Stand Oil of Cglif
;
108%
'<
—
Sold
Friday's
Low
High
.113%
102% 102 V4
24
- 21(4 *
102(4
'.4
■'
or
•
106
101
*113
__
M-N
M-S
Low
99%
24
103% 103%
*103% 108
*—
10814
103%
Last
Interest
January 1
Sold
Bonds
Sale Price Bid & Asked
Period
New York Stock Exchange
Range Since
No
Hiah
Low
Bonds
Week's Range
Friday
BONDS
Friday
BONDS
Oct
Jan
Apr
4
July
Jan
102
Mnr
Feb
119
Nov
104(4 Mar
109
Nov
2(4
89
114
111%
Oct
114(4 July
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4337
160
NEW YORK CURB
FOR WEEK
RANGE
York
Curb
Week's
Sale Price
r >'
Alles & Fisher
Aluminum Co
6%
.J*
10
common—,——25
conv
common
100
Goods Mfg——.—*.—_*♦
Aluminum
Aluminum
Industries
common
Book
Central
American
American
Convertible
Class
Mfg—
Class B————
f oreign
&
Fork
American
Gas
American
20
15
Voting
Aug
*. Nov
May
800
975
73%
Jan
200
95%
Jan
100
1 %
Jan
Jan
Cables
.1314 Aug
39 %
40
,.210
12
2.100
514
86
CaliiJte
2% Mar
.
Electric
Fire
Canada
3%
44%:
100
38
Jun
45%
40%
41
350
35%
Jan
42
*2.100
1%
Feb
3.800
35%
Oct
314
35
18%
■
3614
.14
18
31
36'«
aV
14
•
■.
—10
3%
13,900
%
15%
2614
Class
Oct
Class B
31%
4.300
111%
175
8 Vn
107
1%
33%
;
Jan
7%
A
dod
voting
City
Carman
&
40%
Oct
17%
18
55
Apr
Co
class
American Meter Co.**
Potash
American
American
Chemical—
&
*
Seal-Kap
Jan
55
Feb
102% Aug
1% Nov
Co
common
Jan
40
i
2,700
10%
300
11,200
'43
12%
13%
4%
Sep
Carter
Casco
4%
K
(A M)
(J
W) Co
48
July
Central
Jan
15 %
Apr
Central
Jan
5%
Jun
Jun
American
Post
Fence—L—_
A n gostu ra-W upperman
_3
—-——.*
1
,2014
Jan
5%
5%
5%
1.500
3%
3%
3%
200
•;
Jan
111%
7
1
Arkansas Natural Gas common.—•
3%
3%
3%
Common
A
class
non-voting
2014
20
23%
60
106%
Jun
3.700
2%
Apr
8% Aug
3%
800
3
May
3%
3%
4.500
3
May
4% July
4% Mar
10%
100
914
Jan
40
97%
Jan
10%
'
Equipment Corp.——
2.50
*
Art Metai Works common—
Ashland
Oil
Associated
&
5
;
20
20
i"T2%
6%
115
Associated Tel & Tet crass ;A—
Birm
&
Coast
RR
Co
Atlantic
Coast
Line
Atlas Corp
7%
.—50
warrants.
43 %
Automatic
Voting
$6
preferred*
60c
Oct
City
&
Clark
Neon
3% July
Cleveland
Feb
(B F» & Sons common—
6% preferred.—*—...
i
Ayrsliire Patoka Collieries
47% May
Colon
Co
Development
2.300
1% May
314
Oct
1.800
5%
Jan
11%
Nov
Colorado Fuel & Iron
15
1514
17%
Oct
Colt's
Colonial
3.400
9%
Apr
9%
9%
3.200
3%
Feb
5%
5%
500
4%
200
8
May
21%
Feb
25% July f
9%
Jan
1514 Aug
10%
13%
13%
1.000
13%
17% Mar
105
.11214
3.900
92%
Jan
1014
600
8%
Jan
10
85%
Jan
11114 July
200
61a
Feb
8
19%
8
«
'
«■
*
18%
1%
.500.
.
,/' 7
.,
,
38%
3914
26
..•
Jan
:
.
9%
Jun
28
;
214 May
9% Nov
,,42
Patent
Columbia
6% July
Jan
5%
Oct"
3%
314
2,000
7%
3%
8
.25
34%
76
Fire
Gas
&
Arms
Jz
r?2
2514
35%
2514
100
Nov
July
414
Jan
Oct
12
July
3%
Nov
614
1,900
6%
Apr
3%
300
214
Apr
914 Aug
434 July
33%
34%
2,550
32% Aug
47% Mar
76
1
77
Feb
Electric—
preference
Commonwealth
&
Southern
wanants—
Public
Community
Water Service—.
•
130
56%
1
7714
%
100
11%
50
614
9 %
4,600
68%
20%
900
:!
/
Feb
July
Nov
% Apr
•
Oct
i«
27%
"
11%
,:
Jan
1/64 July
1,400
'
Service.ii——25
Community
1
10
314
NOV
39%
Jan
':
1%
Jan
1% July
30%
300
•
warrants
Mar
2234
11
150
25%
,
Jun
9
Jan
Ta Jan
300
4
39%
914
Jan
18
250
19%
1%
—
Airlines
Nov
8%
100.,
Co
18 July
88
118% July
12% May
100
2%
1114
10%
Nov
10
ordinary..*
2%
15%
1
Jan
Jun
12%
.4
common—
10%
—25
%
1714
.1
—*
Utensil
Plow
2%
5
800
1.750
22.400
100% 10014
Illuminating——*
Corp
Aluminum
Cockshutt
9%
—
Electric
Coal
r'a
814
Mfg..*.***.
Nov
14%
lur;
Feb
5%
Avery
Lambert
&
11
88
110
i.*.l
___.
nl
38% Aug
■
Jan
12%
,..10
Co
6%
Nov
76.
:
_•
Lights Inc
33% Nov
>
350
11
1
Nov
1614 Nov
120
88
—
Suburban Homes
Jan
1314
■
„•
.*__!
Stamping—
100
34%
xl0%
10
.
Jan
97
150
120
34%
•
:
Controller
Claude
July
12%
117
; 1014
10
•
preferred B.
Auto
80
117
_4
>
...
$6 preferred BB__
Sep
7
13%
25
*
Consolidated Mining
—1
§Childs Co preferred —._*_——100
—I
,
Machine—
414
5
common
Chief
Clinehfield
Jan
Sep
Apr
Club
31
125
11914
Apr
714 Mar
4%
*10
.*__-
Cities Service common
•
Products——.
Automatic
44
112
50c
7%
common*;
11%
—
Forge common..,**
..5
Plywood Corp————*„**—1
Jun
li} Aug
914 Nov
Jan
13
5% July
9% July
1% July
7% Nov
July
Jan
Jan
3.000
8%
Oct
105
Sep
Jan
75
J
—
Co—
Drop
Atlas
300
West
Jan
96% May
8% Jan
10
121
%
%
9%
104% 104%:
9%
Jun
3%
2% Mar
914
pfd
87» July
7% May
700
1.600
614
•
100
33b May
5.700
119%
1
Nov
12%
*■
:
5%
814
8
100
2,500
NOV
2214
7% Apr
5% Jan
.2.800
pfd—100
Fisheries*—.
Coast
Atlas
7
714
8
com*—1*
100
Clayton
dep rects meg———£1
Associated Laundries: of America.
—•
Atlantic
•7% Mar
900
800
12%
Electric Industries-
American
Atlanta
20%.
11%
6%
Refining Co—i—_—_1
7
Jun
Light 7% pfd
Utilities*
City
Aro
Oct
Jun
21 r%
pfd—
Chicago Rivet. & Mach*
113% July
7%
114% 114%
9
1634
Chicago Flexible Shaft Co common-..*
Sep
111% 111%
6 r/o
preferred
10
Arkansas Power & Light $7 preferred-*
Jun
115 Aug
Jan
Aircraft Co common*—
&
Jan
118
May
—1
Cherry-Burreil
10%
—
4814
Nov
7% Aug
1
Elec
ruiPRybj-ouwij Mfg—.
% Nov
3!4 Nov
Jan
13
600
May
ChamberLn Metal Weather Strip Co—5
'
20%
&
Power
3
2% Mar
Apex-Elec Mfg Co common*
——•
Appalachian Eleo P.wr 4% % pfd—100
Argus Inc
•
1
July
20
America
7% July
2% Mar
Oct
10
Cnaris Corp
'
4%
112%
29
Sep
4% Nov
.
10
iH
NOV
10
Products—
Power
Jan
23a July
16%
.10
Gas
Steel
Nov
__—**_•
—
Power 7%
York
Ohio
Cessna
112% Nov
'
Jan
3%
of
Central & South
% July
May
14
1.700
17%
Hudson
Apr
105
17%:: 16%
Corp
Central Maine
Central New
5%
144
Feb
112% 112%
—1
com——
Nov
Jau
7%
41
& Co_
Catalin
%
•
L*
preferred5
Writing Paper1 common.—*
»|
Jan
x23
—
Products—
Castle
Oct
•
Jun
108% Jan
Aug
3%
25
fi
/j
554
12% Jail
25
preferred
32
Thread
American
Anchor
1314
10c.
Superpower Corp coin—.
1st $6 preferred.——
$6 series preferred.—.—1
22%
1%
1.200
.
100
9%
Carolina Power & Light $7 preferred—*
100
I:
Sep
24
Jan
9%
-
Carnation
SR
1%
16"
*
•
•*.
Jun
12.600
43
2
common—*—
Amer
1%
X30% x30%
Republics———————10
American
1%
1%
;•
—•
-**.,
A
Jun
Central
1
1%'
16
—
Aug
Nov
7%
Feb
144
'
_i
19%
19
«
Jun
100% July
Jan
4»4
._*
—
34
27
20%
•
*
Sep
——._**—._
21
100
35 34
75
ft*
6
1
25% Feb
16% July
25 % Apr
1.900
52%
Sep
7% Mar'
9% July
7% Sep
100% July
:
,
88%
171'2
Jun
9%
4% Mar
-
■
—
Products
Class B
46
14%
55
20%
July
*
—*•
—
Capital
Jan
—
Co———
■
Canadian Marconi
Jan
350
Jan
•
Industries Ltd—
34%
33
Jan
4%
25
Alcohol—
preferred
41 %
32%
5%
800
5
voting
Oct
Nov
400
7%
100
Sep
8%
Jun
4
Apr
6%
7%
7%
Ltd—
Industrial
Canadian
July
,114
Jan
5%
200
Jan
July
Foundry Ltd—
Nov
19
53!
6%
,1
preference——,
Canadian
3614
Jan
31
814
Laundry Mach—
.
20
American Light & Trac common.—25
ti'/c
preferred
..—25
American Mfg Co common
—103
Preferred
1GU
Maracaibo
Co
Jan
3 3a May
;
10
*
Participating
Oct
3%
Jan
111
American
American
Power
Corp^
preferred
Aug
Oct
300
18%
;
1 %
Insurance.—
Cement
6%%
1 %
%
pfd.*
£1
Estate—**—*—!
Tungsten
Camden
% Jan
.
.
dep rets 5%
Sugar
California
*109% Nov
50o
50o
certificates—
Wireless—
Calamba
Nov
-
trust
&
American
42% Aug
Jan
2%
Co—*.——25
Rubber
Hard
Feb
80%
10%
—100
American General Corp common .—10c
$2 convertible preferred—*
—1
$2.50 convertible preferred——
1
American
Cable Electric Products commonj
Aug
44
common
Electric—.
&
115
15
78
preferred
4% Vo
Jun
36% Nov
:
Feb
Canadian Car &
Power warrants—.
Hoe
&
9
3914:
Cyanamid Co common—10
American
27% Mar
109 Vo
28%
23
——25
——1.'
—
A——.*—.——
American
450
12
—l
A--.-
class
1.600
& wight-—
Power
Cities
35
2 Ve
.****———100
Co
,~y.
Range since January 1
Low
High
High
Jun
31
109% 109%
8014
American
31
Apr
X1314
—
common.,...;
Feb
23 %
18%
preferred
Low
Shares
Nov
22V4
100
'
109%
Ltd
30
100
29 %
33%
—*
6 7a
Jan
2614
113% 114
35
114.
.—100
American Beverage common—-1
Aluminium
Par
titan
Sales
for Week
Range
of Prices
8% July
July
200
8%
'
_^_*.
Low
6
714
2914
*
—
preferred—:
,
Last
Exchange
Sale Fric®
26%
26%
Curb
Range since January 1
714
.
York
Week's
Friday
STOCKS
New
Shares
Hiab
low
Par
—_«.1
common_i__„;
Allied ma investing ua conv pxa
Allied Products (Mich)—.*
Class A
of Prices
:£
NOVEMBER 21
for Week
Last
Exchange
EXCHANGE
ENDING
Sales
Range
Friday
(STOUKS—
New
231?
1% Aug
Compo Shoe Machinery—
V
Wilcox Co.*—*
—•
—
.27
27% '
Baldwin Locomotive—
!,.•
Baldwin
Rubber
de
los
Barium
&
Sl.20
7%
<L)
A
—
614
Jim
40%
40%
100
3914
Jan
9%
9%
300
614
1
i
—
3%
314
914
series B
Sep
4%
41% July
Jan
9,14
preferred
13
5%
Gas
8%
.100
.*
Apr
61% Jan
1614
21
.1
4%
4%
2%
800
4%
Hedges common..^..
preferred.**,;****
Berkey & Gay Furniture.—
Copper
Apr
36
Apr
39
14 May
3
Cor'
Sep
Ailg
.***1
1%
114
5.600
2
.
Birasboro Steel Fdy & Mach Co com—*
11%
6%
2.800
Feb
11%
Feb
10
5%
15% Aug
15% July
12
50
10%
11%
14%
Jan
6%
14%
Cosden
convertible
Blue
$3
(E W)
_**—_!
commons
*
—J
Blumenthal
Bohack
7 %
(S) & Co.
fH
C)
Co
Apr
1%
Jan
3
5014
50%
250
43%
Jan
52
Oct
14%
14%
15%
400
10%
33%
33%
Jan
113
.
loo
•
*_.—
Breeze
Corp
Brewster
»
3
2%,
y-
tjrillo
Atlantic
Sugar
5.800
6%
Jan
37%
Nov
Cuban
Tobacco
common.*—**.
31'4
2,900
1
Jan
3%
Oct
Co
common.
A
12% July
dep
rets
bearer*
Power
Silk
class
A
—
Burma Corp
&
For
Hi
5%
20%
1
*
„'«s
1
Jan
'c....»
...
dep rets.*
*
i9lri
2i%
3V4
3%
'7
-
2.100
1.500
1%-Jan
21
Jan
x,10
10%
1,700
Nov
9
Jan
_25
19%
12 %c
25c
10%
10%
19%
110
10%
10,300
1414
Apr
250
9714
Feb
2.400
9 '/a
May
Nov."
,t
ia:»
2%
314
12
100
114
500
"2%
Jan
14
|
j
Feb ■'
f
Apr
%
214 July
|
1%
Jan
Sep
88
Aug
!
314 July
36% July
j
3,600
2
Feb
33
475
23
Jan
24
3,100
'
114
"1,000
5%
700
1514
1%
614 July
17% Nov
1014
800
Jan
2
••-24
43
Jan
3 Va
Jun
43
23%
3,300
1414
•
14%
5 00
i
'
;
105
23%
23%
X:
■„
,
-4s'
Feb
11-
Jan
26
% Apr
—10
Nov
314 Jan
.125
314
26
9%
28% Mar
314
600
17%
3
Apr
2214 July
14 Jan
11,400
9%
1
26-
25
''
23%
26
'
o?t>
Dejay
92%
30
10
Nov
10% July
19%
ill
12
*_i
*
Mfg class
A
*
common
*—***_50
aeOennure*..
6%
'
Detroit
Detroit
Oct
Oct
_*1
35
$6 prior preferred.*
Detroit
Nov
314 Aug
Stores
Detroit
Jun
May
*_•
!
..
"
414
Jun
Aug
Nov
Oct
Feb
52
Oct
14 Apr
431'i' Jan
26
Jun
16%
Sep
314
Oct
'' ^'-2 '4"
Apr
10% Nov
:
De
Gasket
&
Steel
.
Diana
Products
Shoe
Oct
Am
Oct
Divco
Jan
Dobeckmun
15%
Jan
2114
—
90
33'4
Jan
3614
14
1,800
6% Mar
4%
300
314 Jan
814
2,200
..
14
414
,
,f
12':,.
"'"4%
'
65
■.
8%
8%,
1
15%
15%
100
114
114
400
14
■
}!:
».!
:
Oct
84
Oct
Muy
10% July
1214 Feb
16
21
Jan
% Jan
3%
Jan
Jun
July
114 July
614 July
20% Jan
29
Oct
Aug
8% July
—18% Mar
—
—1
:
26
Jan
,614 Sep
common
Nov
Nov
135
22
b'-juvf-•
Nov
514 July
19
1%
10
ss3jh&.10
Jan
P% Jan
900
5%
Jan
113
__
—,Jii*_£.'l.**10
Stores Corp
Co
350
36
5%
preferred
Diamond
29
20%
Stove Co
Vilbiss Co common
774
Jan
20
35
:
20
.
?
24
*_
Mfg—i*'
preferred
Gray. Iron Foundry—
Mich
r„:
..iuu
—*
Derby Oil & Refining Corp cotn_.*;d***
*^-B34 Nov
...
Rubber Mfg*
18%
Oct
914 Aug
1314
Nov
13
12%
13%
1,700
12%
11%
13
1.900
514
Jan
2014
20%
200
10%
Jan
4%
Nov
Ltd—
dep rets ord reg
£1
Corporation
Co
i_;
common—
Domestic Industries class A com
1%
1%
1.500
1
Apr
1% July
3
3
31a
2.300
3
Apr
4
Jan
Dominion Bridge Co Ltd
a'i
.Tan
Dominion
434. .mlv
H
1314
,
.
^1
Class A convertible
1%
;
_**
2321.
18%
110
Jan
5%
1.
~514
__2.50
Davenport Hosiery Mills—!
Dayton
Distillers
common—
page
•:
:2<J F-Oct
1% May
314 Feb
14Welj
15% "Sep
%
D
Dennison
Feb
•;
May
400
6
10
•
see
2[Q
Jan
314
77% %an
,314
10
2.50
footnotes
.1- 20%aj!un 6 ■'
Feb
Power—
*
Corp.*
(P
300
_•
Sullivan.—!
Am
«urrv
Butler
37v5'July "'.
17
•
preferred—
Hill
5
•
i
*
*
1st
5
-.
:
'mf'Kovi,.!
1514
'
700
i
Oct
.
Jan
18% Aug
—
8%
1714 July
•
}
8'^
io»
Feb
•
Jan
Jun
..,13% Feb
.
Sep
18
Ltd——.—I**—-*
Buffalo Niagara & East
$1.60
preferred
314
23
Jan
Sep
5%
Nov"
f,.]
12%
£1
*
Buckeye Pipe Line—
Jun
;
common*
common
Mills
'
114 May
8
650
7!%
5
__5
Lighting Inc common
Mfg Co (MO).
Curtis
•
3014
•
preferred
(EI,!
8%
13%
'
A
$5 prior
"
2114
8%
Curtis
•
1
—£1
—
Brown Ruboer Co
$5
814
700
Jan
.
-tol
preferred
±
Brown - Forman Distillers—;*^—.
Bunker
27.500
.__**»
reg—
Ltd—
■
Columbia
Class B
Bruck
•214
*
Brown Fence & Wire common
Truce
.914
——
ord
Celanese
Class
2,000
3-%
13%
3%
•
Amer-dep rets ord reg——!
British
13%
Sep
Apr
814
774
19
21%: Jun
Tobacco-r-
Am dep rects ord
Am
13%
—*
Oil, Co..j...,
American
British
900
;*
American
British
19%
Nov
2314
2314
*25o
Cuban
19%
110
32%
A2*_
preferred.
Crystal Oil Refining common—
$6
preferred
Oct
1914
Aeronautical—
Mfg
Class
Nov
International
Drug Co common***
convertible
'
1
_]
_
Bridgeport Gas Light Cod.i—
Bridgeport Oil Co—
British
Cork
Crown
Jan
1
common.—*
;
—
Jan
17:14
Mar
~2%
2%
■
(Md)
%
•,
Brazilian Traction Lgt & Pwr—
100
9
1
*
Petrol
37%
30
37%
July
50
Jan
83 %
—5
400
tt:
•
July
14
13%
50
*
10%
,*_**—*
6
Jan
receipts (ord reg)__£1
Cent
Crown
:
:Oct
33 3i
•
•
Jan
9
114
1
Brewing Co*.
Crown
11% Mar
Jan
24
50
—
1st preferred..
2d preferred
—;
Feb
80
9%
3%
1,300
•
Crowley Milner & Co
1714 July
Jan
7%
—100;
common—
Croft
Mar
——*25
Inc.—
Bowman-Biltmore
$5
11%
1.400
50 %
•
Borne Scrymser Co.*
7 Jo
2.000
2%
common*——.*
1st preferred.*—
Bourjois
14%
2%
dep
Petroleum
Creole
July
13%
13%
Ridge Cprp common———
1
optional convertible preferred—*
1,400
2,500
Courtaulds Ltd—
Nov
American
—*^_.—*
19
514
<
7
1
;
Oct
Apr,
Jun'.1
12
109'
109
5®
preferred
9%
214
10914
514
12%
.
common
50% July
115
13
18%
514
13
1314
Petroleum
Jan
Jan
•
—
Sep
Sep
111% Aug
614 Aug
Jan
1%
——
& Reynolds
preferred A
32
.
Nov
118%
Jan
*
.on
$6
;
..
2,600
Aug
914
70
Jan
100
Co
414
1,500
114%
10c
*
preferred
Range
Jun
6%
Coro Inc d__*——
Sep
35
Corp
Cornucopia Gold Mines
Nov
30
*_•
..._*—1
—
144
__*•
Convertible,
Bickfords Inc common
Jan
prior
Feb
625
914
38
Jan
.10
*
Co..*
Jan
100
Cook Paint & Varnish Co—.
2814 July
5% Nov
127% Feb
100
&
7'V
Aug!
19% July
Apr
Textile
514
44%
8%
9%
Continental Fdy
Machine Co——1
Continental Gas & Electric Co—
10
14 % Mar
100
1614
20
Consol
82% Hep
65
*10
Consolidated
Oct
Oil
5%
43%
44
1
*„..
Steel
Oct
Nov
17%
"
5%
.5
Stores
Royalty
6:%
Jan
_1
—
Bell Tel.of Canada
Bliss
Utilities—**.—1
preferred.
5%
Jun
300
5%
•
—
common
common
.100
;
12% Aug
1% Mar
Feb
104
67%'
63%
113%
68%
4
100
series C
Jan,
% Mar
33%
*
common
Mining & Smelt Ltd
July %
4
Feb
4
214
1
;
*
$1.50 convertible preferred*
Bellanca Aircraft common*.*
Blauner's
—•
....1
—
preferred
Consolidated Retail
9%
_—**—_•
Co*
Consolidated
Oct
1.1% Nov
Jan
3.000
334
.5
common
Ties—*
Mills Inc
Biscuit
Consolidated
1st preferred.*
Benson
20,200
Jan
common
Brummel
Beaunit
9%
Mfg—
convertible
1
preferred
Consolidated
Oct
—1
—
Consolidated
common—
Refractories Inc
Beau
8%
30
Corp.*—*—
Seelig
Baumann
9
Andes—
Steel
Barlow
Basic
Co
common—
shares—
American
2914
Consul G E L P Bait
Purchase warrants for
7 Jo
preferred—*
Banco
20% Feb
1.600
1946—
Gas & Coke Secur common
$3
26%
extended to
c
Conn
B
Babcock St
t
Steet
fy Coal
B
*__1
13
1
1
4%
414
434
_7%
"714
1,300
_•
;_25
Mar
22% May
.
100
614 Feb
17
July
14%
iNov
20% Nov
;
THE COMMERCIAL &
2318
Monday, November 27, 1944
FINANCIAL CHRONICLE
NEW YORK CURB EXCHANGE
RANGE
Sale Price
Low
Par
Jan
*
Chemical Ltd
Textile Co Ltd—.—
Dominion
Duke Power Co——;
Hosiery class B
Darnam
63
Oct
Humble Oil &
80
Aug
Refining
Fibre
Hummel-Ross
150
67
Feb
300
26%
Feb
33% July
Hussmann
74
Feb
81
Huyler's common;;—
Jun
*6%
100
3%
Jan
3%
3%
200
2%
Jan
11%
11%
11%
100
9%
Jan
Ligofiitjr Co.—,—
11% July
preferred
preferred
—
prior
4%#
6%
______
$7
$6
Oct
46
46%
900
32%
Jan
49%
Oct
175
24%
Jan
33 %
Jan
125
33%
Jan
52
38%
325
35%
Oct
48%
Feb
1,100
8
14% May
Oct
68,40Q
96
300
83%
Jan
96
88%
Jan
99%
46 %
Apr
65% Mar
% May
1% Mar
Vo
%
300
Feb
11%
34%
250
30
Jan
38
July
12
12%
400
11%
Sep
14
Aug
8%
■
46%
25
48%
48%.
Sep
100
Sep
42% Mar
10%
10%
1%
8%
100
1 %
3,400
'
iy4
Jan
1% Mar
31%
41
27
47%
51
51%
Oct
51% Aug
103
Oct
44
Feb
12% July
I % July
41
July
3,100-
7%
Oct
Oct
34%
Apr
18%
50
Jan
27
—1
4
Jan
4%
275
40%
27
1
Feb
51%
Nov
-
Metallurgical-
Fansteel
Mfg Co
Fedaers
Warehouse Co.
(Phila;
Co Ltd—
Association
Fire
Ford Motor
International
,
12%
Feb
$3.50
Preferred
series...
•
International
14%
Feb
25% Mar
65
140
56%
Apr
65
5%
6
3.600
4%
Apr
Oct
19%
Feb
23%
22%
75
19%
Jan
23% July
2
Jan
28%
450
23
4%
22%
300
3
Aug
Feb
4
17%
17%
17%
18%
21%
4.050
60
57
62
79
83%
16% Aug
150
20%
Jun
5%
30
International
62
80
58
Jan
84
7Va
,
Feb
79
79
10
70%
Feb
3
3
500
1 %
Jan
dep rets
7%
7%
Jan
ia
5.900
12% Jan
Nov
Oct
Jan
8
Nov
79
3%
Oct
l%July
16
July
3%
Feb
7%
8
-
6
Jan
8% May
Nov
79%
Jan
102
Oct
74
20
101% 101%
Jan
84
July
%
——
—
400
1%
40
75%
Jan
8%
X90
1%
92%
1%
1%
Jan
41% Jan
Jan
100%
15
15
4
11%
11
16%
16%
17
Gray. Mfg
48%
48 %
preferred
Feb
3
% Aug
Jun
3% Aug
225
27
Jan
63
550
77%
Feb
90%
Oct
400
Ir
14%
Jan
19%
Nov
7%
Jan
22%
Oct
Jan
20% July
1,200
Paper
Aug
».
9%
700
7%
Jan
10%
Jun
,18%
■3,800
16%
Apr
19%
Jan
-
r9 % ; ~9%
:
19% July
11% Nov
16% Apr
7% May
2,500
1%
"4
20%:
21'
51%
"•21
51%
50
Jan
3
Aug
18 ■:;(
Aug
22
Nov
48
200
,
Aug
51%
Nov
Feb
30%
17
18
16%
18%
'
4.
30 % Aug
Jan
20 %
25
20
30%
16%
30%
1%> July
Feb
1
200
7
Oct
*!LMar
% July
17V Jan
275
20% July
7%
900
'9
9
1
1
%
500
11%
11,100
411%
Nov
52
13
Klein
(D
;
1^
1;
8
—
Kleinert
114
Nov
Nov
110
Feb
Apr
11% Mar
17% Sep
Apr
55
9
Feb
Corp common—
Kobacker Stores Inc..
Jan
47
11%
39 %
400
30%
Feb
7%
100
4%
Jan
10%
39%
47%
38%
7%
-10
—1
11%
2.500
7
Jan
*"
—100
89
135
130%
25
35%
Oct
Kreuger
Hi.
■
*
J
..'
109%
70
92
Feb
109% Nov
150
100
Jan
111
Jau
-W-
120
July
20
Lake
,
':
r
^
•
■
109%
40
8%
11%
29%
Jan
37
6%
Feb
iiy8
25
107% Nov
6
Jun
61% July
Oct
55
Feb
4
July
3%
...
Jim
Oct
3%
900
2%
Feb
4%
•
Nov
113
48%
38
"•
■
Nov
6 %
Jun
Oct
110
4
'4-_
-
Z
3V2
"■;
■
.
.
Feb
12% Nov
29%
4%
400
4
Sep
'
4%
•
1
;V
"l
■
....
'
:
1% July
% May
15%
'■
-
16% July
Feb
16
Mar
12
••
Aug
Feb
18%
Oct
16
17%
15%
v
iuu., :'•/
:
.2
'
.700
.
.
.;-
5% Mar
.
Jan
35
Oct
84%
Feb
96% Aug
7%
Jan
9% Mar
8%
1,000
\
■(■'-
v
vw.'.
1
500
9
8%
.
—
1
I
rt 0
L
Corp
6%
6%
,
.
:
';;''
r
26%
,
'
v-
Oct
6%
Apr
6%
Oct
5
'•
7% Nov
i 1%
1%
20,500
29%
29%
100
26 %
Aug
/;
Ihc 6 7o preferred ...25
»
'
i_'
Locke Steel Chain.—...
Lone Star Gas Corp common—— —10
.,
•'
common—_———
151
Oct
Apr
10%
Feb
14%
Oct
Feb
28
Nov
*1
3%
Jun
1%
10%
is
%
•
1«
'
••
•
67
657^
;
62 V4
Nov
Jan
U
1,700
Feb
Nov
11
1%
Jan
Oct
550
51
Jan
79
1,950
49
Jan
72%
8%
1,600
■
6%
■
-
'I'll
Oct
18%
66%
71
48.
...'
23 %
Feb
8
■2,000
Jan
15
10%
Jan
18%
100
...
,
71.
7 7o
Lynch Corp
J''
%
,
IIxoo
preferred class A_—
100
6% preferred class B
1
Louisiana Land & Exploration—.
•
Louisiana Power & Light $6 pfd_.
*
10%
,.
»
Long Island Lighting common
I'"
■
Oct
31%
10
3
•
'lr»\
—lis
—
1% Aug
22%
200
28
'*
■
Oct
75
400
14
13%
28
3
X
'
50
13%
13.
1
JU '
•
..
A
Jan
i«
13%
—10
Class
Feb
25
,20
60
Mar
Feb
110
Aug
3 '
600
29%
.
5
—.
;■
1%
—1
—
dorp.-—
Groceterias
4%
57%
^
Nov
Jan
21
'
—'•
4%
Lit Brothers common
July
14% July
.-A:
■
—1
Inc.,
(R G)
Material Co—.
Lipton (Thos J)
6% Aug
Jan
Jan
—
Le Tourneau
Nov
Feb
500
4,— :
■'tT..-..:
*
Oct
105 %
9%
6%
Jan
:4 A:' 4.
A—*
Nov
July
4
2%
2%
'
'4'
—l
preferred—
—
Leonard Oil Development—— III25
Feb
18% July
200
5
of Delaware——
7% preferred—— ..100
1
Convertible
Loblaw
57
Jan
3%
3%
—
•
Line
59% Aug
Nov
12
1SV4
3%
1—
Lefcourt Realty -common
'4'..'Lionel
Jan
57
57
14%
B
37
100
3,400
58%:
1
Ltd
Wells Co common——
Class
3,005
54%
58%
14%
Lansendorf United Bakeries class
Jun
10
.-0
57
fN Ji
deposit—
Shore Mines
Lane
Nov
109'4
of
Lakey Foundry & Machine..
93% Mar
3 % Mar
Apr
124
Jan
5%
■
.'" ■;
;
'
-
—100
.'4,44
RR
Certificates
136 y2 Aug
100
9%
1,150
29%
—II*
'
Oct
Oct
5%
5%
.
Nov
20%
9%'Mar
'i1
T
'.
28%
28 V2
•
Co
Brewing
Lackawanna
Nov
Jun
109% 109%
5%
jj
8
82% May
1.100
10%.
Oct
105% Nov
■
Jun
110
200
35%
10%
._
83
175
90%
135
Jun
5%
Feb
Kresge Dept Stores—
4 7o convertible 1st preferred— —100
15% Aug
Jun
12%
87%
y1 121% 121%
'
—1
: Knott
Mar
Jan
Jan
150
109% 110
109%
Emil) Co common.—..
IIIlO
(I B) Rubber Co—
16
Jan
Jan
10414
,
108 :
108
Kimberly-Clark 6$ pfd.
—100
Kings Co Lighting 7 7c pfd B-.—
—100
5% preferred D,
——1 i.
Kingston Products
1
Kiiby Petroleum.—
1
Kirkland Lake G M Co Ltd
—
Lane Bryant
Vs
4% Aug
Apr
5
2%
200
18
104
preferred- ..100
Inc..
Kennedy's
Lamson
5%
Aug
1% May
K
Oct
40'
2%
4,300
—•
Elec 7%
Kansas Gas &
Nov
37 y8
75
Jan
'
—
Nov
13
13%
500
11
Jan
7/a
■
5
5
-———100
100
preferred—2—
preferred
Co
7 "Jo
4
3%
3%
11%-
5%% pfd—100
Julian & Kokenge
'
—.25
Greenfield Tap & Die
*
Grocery Stores Products common__25c
Gulf State Utilities $4.40' pfd——'—100
Gypsum Lime & Alabastine
•
Northern
70
Apr
I'/b
20
,
",'-9(4
'"' '17%
'
18%
•
2% Mar
92%
104
12%
3
stock..
common
Jan
1
14,000
2% July
10%
Pacific Tea—■
&
■19%
19%
—.*
A
Jersey Central Pwr & Lt
Oct
x40 %
....—.—
Atlantic
Non-voting
'66% Feb
\ C-"''
15
*
Co
114% Aug
Jan
2%'
,
19 %
Engine Co____———1
Jacobs.' (F L)
Co-i—
—1
Jeannette Glass Co——
;
*
52
130,600
Varnish
Oct
Mar
.
May
.—1
*
common—.—
27%
Feb
16,800
58%
Fireman Mfg voting
9% Jan
5.900'
————*
—
Jun
42%
180
;
90%
-.50
—1
,—*
—
Equipment
Hosiery" Mills
6%
2%
18%
com—15
Utilities' Corp
Home-
51 % Mar
10
1°°
300
11%
preferred-.
Great
Mar :
111
•
-—*
Mines—
class A
Mfg
22 %
106'
100
51%'
89%
'
—*
•
Sugars class A._
1st
Jun
Feb
•
preferred
Consolidated
7%
Oct
140
.
Co.—_————
Goldfield
Great
21% July
Jan
115
190
138
135
•
Gladding McBean & Co
Glen Alden Coal__.
$3
Jan
14%
—
common
Grand Rapids
11% July
«
ord reg—
£1
Corp common-——1
5% preferred series A..
10
General Fireproofing common
*
Gen
Jas & Elec $6 preferred B
*
General Outdoor Adv 6% pfd
100
General Public Service $6 preferred—*
General Rayon Co A stock—
•
General Shareholdings Corp com
1
$6 convertible preferred——*
Gen Water Gas & Electric common—1
$3 preferred
*
Georgia Power $6 preferred
•
$5
preferred
.:
•
Gorham
Jan
57%
•
Products———10
Ken-Rad Tube & Lamp A
General Finance
$7
13% July
13% July
,'57%
21% Nov
Feb
300
Gorham Inc
Apr
"89%
Jan
18
Jan
37
200
B—
Apr
11
4% July
10 %
1%
Class'
10%
300
2'
Jacobs Aircraft
Sep
July
460
15%
Godchaux
1,000
International Safety* Razor B——:—
6 %
27%
27%
1%
Preferred
Jan
.11%
ii%'11%
2
Nov
6%
600
22%
21%
15%
Gilchrist
July
shams—.—.
Registered
International
Italian Superpower
-
.
13
15%
Sep
63%
1%
(A C)
Jun ■:
25% Mar
5% May
15%
Gilbert
9%
Nov
46%
Nov
500
5%
•
—100
1
——•
Co common.
Alloys Co.—
Amer
950
2%;
11%
7.400
10%
Electric Co Ltd—
Gen
10%
2%
39%
39%
m
Mfg Co common
General
Nov
'
_£1
preferred—
5%
Oct
17%
•
9%
Key Co common.————.—
Geilman
53%
Jan
*50"
preferred;—
Royalty^—
;_I
trust ctfs_—*
Irving Air Chute.i—
—;—.—1
16%
'
Power
Jan
9%
21,700
.
113% 113%
--4
Warrants
Iron
65
non-voting
—
•
Class B voting...
Ford Motor of France—
Amer
dep rets bearer
1.25
Fox
(Peter) Brewing new
1
Flaiikiuv CO Distilling
—1
Froedtert Grain & Malt common.—1
Fuller (Geo A) Co—
$3 conv stock——
IlOO
4%
convertible preferred
Gatineau
Jan
43%
20,600
15
.
Interstate Power $7
10%
15
4%
2,600
17%
9
International Pctrpleum coupon shs__•:
Investors
16%
Jan
52%
.;_*
Minerals and Chemicals-
Nov
17
%
9
International Met$I Industries A
Oct
4 %
Jiln
3% July
18% Oct
■1
12%
11%
.10
•
4
;
50
Cigaf- Machine....
Hydro Electric—
International
Nov
13%
35
A
Class
Jun
—25
Canada—
Motor of
Ford
Jan
1%
10%
——
rets ord reg
dep
Am
7%
4.300
13
200
,-1
lis
—
Federal Compress &
3%
2,200
4%
12%
■3%
38%
Brewing——
Falstaff
12%
200
4%
.51%
.
,.
ri%
—100
preferred—
::17o.
Interstate
1
29% July
5%
•
Insurance Co of North America
$3.50 preferred
1
Jan
dep rets regis..£1
Interstate
& Inst Co—
Fairchild Engine & Airplane——
™o "
—;iov-
'
;
—
Fairchild Camera
20%
'
—
34%
12
Jan
:15%
12%
preferred. 100
Indiana Service 6% preferred——100
1%
preferred
100
Industrial Finance' v t c common—1
Common •
1
Oct
62
3,100
1,300
8%
Jan
2%
(16%, 17,
Indianapolis P & L 5 % 76
Oct
99
8%
Sep
xll% July
6%
1,350
29 4
"
•
■
Imperial Tobacco of Canada——
—3
Imperial Tobacco of Great Britain &
Ireland
;
£1
Sep
58%
.—1
;
17 %
11%
98%
Jan
Nov
8
3% July
26:
,15%'
Imperial Oil (Can) coupon.————*.
Registered
•
9% July
95
1%
.50
common
Eversharp Inc common
Aug
7%
Jan
200
4
...
200
17%
Jan
5
4
1,800
10
3%
51%
—
50
A.;——
preferred
conv
Am
Aug
17%
-10c
r
Pipe Line
Eureka
125
100
Corp common
—
convertible preferred.——
1,300
23
45% Jun
Imperial Chemical Industries—
Oct
1%
47
7%
98%
t'/a
•; ' Dividend arrear ctfs__.
Illinois zinc Co—
Nov
35
47%
—50
Equity
Eaquire Inc
% Mar
1,200
1%
52
8
..10
Power
Derrick & Equipment
Empire
35
■
38
38%
pfd—
participating stock.. Us
Emsco
1%
47%
—1
conv
preferred
District Electric 5 '/<>
Empire
$3
81%
47
common——
Co
%%
Jan
2%
33%
preferred v t c—
•
Easy Washing Machine B—
Economy Grocery Stores...
—I#
Electric Bond & Share common—
$5
preferred
—
$6 preferred—
—
—
Electric Power & Light 2d pfd A—
Option warrants—
1
Electrographic Corp—
-.15
Elcrin National Watch Co—_—
5
Oct
56%
»
$5
Elliott
2%
875
~1%
'
Associates—
Sugar
Eastern
Feb
80
..25
States
Eastern
1%
79%
46 %
.100
—,
Malleable Iron ———
Corp
„
preferred series A__
preferred series B_
Eastern
7 y8
•9%
;
Illinois Power Co common———*
1,000
80
.100
Sep
2,500
7;
•>
—'
r
High
Apr
38%
39%
t
2%
Fuel Assoc common—
Gas &
East
Low
17%
23
39%
—
39%
;
Range since January I
100
23:
4
1 ...<•> 4
1st
preferred
——-—1 ,;:X'28%
Hydro Electric Securities——.—-*■• *4;-■flygrade Food Products—
;•—...7--')'*:
8% Aug
4% July
~6%
——
Corp.—
80
30%
*
1
-*
common
common
Test Corp
Duro
Duval Texas Sulphur
Hubbell
31
"78
10
—*
Harris Co..——
Driver
80
*
Corp
Draper
Oct
63
—3
——•
..—5
---*
(Harvey) Inc.———
Feb
7%
Shares
Hiah
Low
Par
Hiah
Low
for Week
of Prices
Range since January I
Shares
Hiah
Sales
Range
i
Lasi
Curb Exchangs
Sale Price
6%
Dominion Tar &
Week's
Friday
8TOCK8
New York
for Week
Range
of Prices
Last
Curb Exchang#
Sales
Week's
Friday
STOCKS
York
New
NOVEMBER 24
FOR WEEK ENDING
Feb
109%
Jan
26% Mar
4—.4,
Oct
Nov
9
114
Oct
32'%
Oct
2%
Sep
M
H
Hall
8
Co™
Lamp
Co
Bridge
Hamilton
Hammermill
Hartford
Rayon
■
—25
Light.
1%
1
Hat Corp
Corp—;
•
Dept Stores common
6 7o
Hecia
1%
Feb
4%
5%
Apr
7%
100
6%
Co
—
8%
17%
Consolidated G M_.
Holophane
Horn
Co
ci
Horn
& Hardart
&
For
& Co common
4
%
Baking Co
footnotes see
2321.
e—
,
9%
12
Mercantile Stores common—
9% Jan
May
104
Oct
104%
27%
Merritt
Oct
Mar
Oct
3 % Aug
19
300
14%
313k
700
18
9%
1,700
Jan
May
5
Oct
Chapman
Warrants
.
6%%
_100
A preferred.;-
Metal Textile
Corp
Participating
preferred
—
--
--
Jun
11%
Jun
Metropolitan Edison $6 preferred.,
15%
Jan
Jun
13
Mar
33
Jan
40
May
Michigan
3%
*
__
29%
30%
—
A.
_
100
—
116
25%
110
Preferred—
9
Oct
119
Apr
Micromatic Hone Corp
Middle States
Jan
30%
Nov
113%
Apr
8%
.
.
100
5,300
84%
100
9%
5,400
2%
,
2.%
105
105
.
3%
4
3%
4
2%
3%
25
9,600
Jan
3%
Jan
6
%
99
Sep
Jan
2%
8% July
13% Nov
165
Oct
4% July
90
Nov
10
.
2%
110
Sep
Sep
Aug
4%
100
Oct
•
•
3%
3%
1%
8%
—10
4
May
Jan
44
Aug
Jan
116
2%
4%
.
Mar
Apr
4% July
Apr
9%
Oct
8%
8%
1%
100
Jan
110
'
■
50
1%
800
Mar
1%. Oct '
200
Jan
9%
Oct
Oct
8%
5%
1
Jan
15%
Jan
13% May
Jan
3% May
12%
12%
12%
2,300
._—1
2%
2%
2%
1,700
1%
a
Jan
1%
Petroleum class A v tc.l
—
Jan
Jan
41
8
Class B vt.c
Jan.
8% Mar
138
Sep
Jun
36
:
.2.50
;—4—
4
100
8%
105.
zzii
.
——a
Jan
July
Aug
,
1—.
Sugar Co._ 1
Fob
—15
1—
32
Michigan Bumper Corp..
Michigan Steel Tube——
6%
900
V
Jan
10
1% Mar
4%
3%
%
.250
;
12
*
1
Messabi Iron..Co—,—i———
22 %
Feb
8%
"4
Nov
26
Jan
10
-483
Nov
24
.
2%
16% Aug
July
6%
13%
9%
& Scott
——
13% Mar
—
"5
6
Oct
,11
lit
154% 154%
;
Memphis Natural Gas common—
18%
8%
6%
12%
——.
12%
Mead Johnson & Co..
Jun
Jan
4%
800
7%.
——
McWiiliams Dredging
May
33% Mar
.100
1.
1
-
13% July
31
18%
__
page
July
9% July
Oct
Oct
.15
,7%
Massey Harris eofnmon
McCord Corp
7% July
Oct
98
209
7%
7%
,7%
19
100
8
*
t
16
Jan
5
_L£1
—
Jan
16%
16%
■>
Hardart
Mass Utilities Association v
Jan
12
"110
_
preferred
Jun
Jan
31
——
Jan
""
VX''
104 VS
—
•
Co common_
Jan
tC° Ltd.
10
50
common
Inc
Horn
5 7o
48
6%
5,200
'
•
(Geo A>
<A
—10
& Co class A
Hollinger
Hormel
3% Jan
41% Jan
-jl.
17%
104
.2.50
Heyden Chemical common
'Communication
Margay Oil Corp
Marion Steam Shovel—.
Apr
11-%
1
5
Hewitt Rubber common
Hovder's
30
«.
8%
—2
common.
Common
(R)
Apr
:
_
Hoe
26%
100
29%
—
%
1%
5%, Feb
81
100
14%
14%
,
2% July
Jan
6%
8%
.100
preferred w w
/.
•
Henry Holt fz Co participating A__
5 %
Oct
2%
"
Heller
Nov
55
300
•
Class A
29
1,400
29%
'4-
*
Rubinstein__/__
Helena
Jan
1%
—50
_25c
Oct
5
3%
«lLr'
—5
preferred
Mining Co
Hearn
Jan
10%
1%
of America B non-vot com—1
Hazeltine
47
.
'
^
Sep
xl9% Mar
50
27%
Jan
3%
1
Co..
4%
__
w-
27%
—10
voting trust ctfs_
Brewing
Harvard
•
Paper
Electric
Hartford
Ltd
5%
200
9%
9%
9%
optional warrants—
Mengel Stores _„J—
$5 convertible preferred
—
Mapes Consolidated Mfg Co..—
Marconi Internat iMarine
4 <
Manati Sugar
Volume
NEW YORK
CURB EXCHANGE
NOVEMBER 2.4
RANGE I OR WEEK ENDING
York
Curb
Week's
Friday
STOCKS
New
'«
Middle
,
West
Par
-
..
,
Low
13
Corp
8
—10
Oct:
17%
450
;
Mojud Hosiery Co Inc
Moiydaenum Corp
...
Monogram Pictures common
Society A
2Va
AO
63
;
52.
2%
Mar
66%
Jan
105
Jan
1,15%
11%
11%
200
Xl?%
13%
9 y4
3,400.
13%
9
3%
.
2,700
2%
Feb
400
1%
3%
2%
2%
v
r-
Ward A
Moody
180
4
*
———
180
partic pfd
investors
Mountain
States
Power
140
150,
1%
1,000
6 VB
800
6
•
.
..——
—
"loo
28%
Oct.
33%
Jan
300
5%
Apr.
8
July
19%
19%
600
12 Vb
Jan.
20
Nov
3%
.
3%
12,400
1%
3%
4
1.300
2%
Sep
4:ia
Oct
8%
1,300
7
Jan
9%.
Jun
—50
Postage
1
-
8%
Jan
Aug
Sep
Pitts Bess
& L E RR
—i—50
37%
Apr
43
Sep
63%
63%
64%
610
55%
Jan
69
Nov
10
10%
10%
10%
250
10%
Oct
Aug
Pittsburgh Plate Glass—-——25
Pleasant Valley Wine Co—
—.—1
120%
'
4%
•.
Nov
2% Aug
9% Oct
Plough
Pneumatic
Polaris
Powdrell
Sep
6% July
NOV
Apr
95
900
200
3%
121 '/a
Jun
5Ta
Jun
17
May
Feb
15
Mar
1,300
2
Jan
4
5%
Jan
15
Nov
5
14
———4
Corp of Canada
Jan
Oct
4,lPi
14%
3'
3%
5
«
Jan
3%
13
13%
—25c
Alexander-——
&
4
13
3%
13
10
common--.
Mining Co
Power
Pratt & Lambert
24 %
Feb
Scale
800
Xl20%
X12Q
3 Tii
7.50
common—
13% July
Sep
7
July
34
July
Va
Jun
Jun
2
Jan
Metallurgical
Inc
Jun
Gold
Premier
136% July
200
13%
Jan
19
Oct
Pressed?
13%
150
11%
Jan
14%
Sep
100
6%
Jan
10% Mar
79%
10
Jan
80
Inc
1%
of
Metals
Providence
Mar
26%
Jan
12
10
13%
Jan
43
l.'ij July
Jan
55
6%
Jan
14
aa
1,600.
X
Jan
2,400
3„
Tii
50
7,900
u>
55
12%.
12%.
America-
Corp of NevadaProsperity Co class B
a
1
1
110
55
common—
Producers
9%
29%, 29%
Co
Mining.——
Prentice-Hall
17%
64
11% Aug
600
7%
—*
Ltd
Mines
8% May?
29%
7%,
common-.
500
11%
10%
29%,
3%
793,4
*
Muskogee Co common
6%
preferred
11%
29%
—.—•
8%
13%
13%
pfd
Co
ill'
3%
9%
"2%
•
_25
i
common
3
17%
Mfg Co—
Muskegon Piston Ring
Murray Ohio
Nov
Meter-——-—4
Nov
127
Aug
12
Pittsburgh
IV2 Jan
Tel——— aoo
Mountain States Tel &
Gold
Pioney-Bowes
38%
5%
Sep
36
Jan
7
Pioneer
19
18
common-
Jun
Mar
158%
Jan-
31,
-1
Nov
Jan
Piper Aircraft Corp com.———1
183
28%
53%
125
Oct
Apr
Feb
15%
125
100
Oct.
July
May
165
18
38%
1%
City Copper common- —50
Producers-———■— -10
Mountain
Mountain
181%
17%
37%
Montreal Light Heat & Power—.
142'%
——•
i
Power 5%
Packing
Governor
Pierce
Oct
.
Montgomery
141
Pittsburgh & Lake Erie
July
7
,
1,550
140
57%
•
;
High
3%
68
July
Feb
&
:
2%
-1
,—10
Nov
13
57 J,i
28 %, Sep
13
Jan
8%
700
56
12
8% Mar
•
Dakota Utilities—
Phillips
109%
—2.50
——*
—1
—
Phum Electric
Nov
97%
100
.
Nov
July
Mar
1.%
425.
Low
2% Mar
100
Rubber
Philadelphia Co
3
3'A
Range since January 1
Hwh
Low
'
9
Feb
3,300.
66:
Pharis Tire &
July
24 %4
Jan
600
2
11
1
J-
66
7
1% May
8% Jan
Power Co
Mfg
Co
Perfect Circle Co—
25% Sep
30
&
Shares
—2.50
Co
Pena Water
Oct
Apr
.23%
.
1,300.
3
3
4
—.—4
Light 7% pfd
100
&
Traffic
Penn
Nov
Jan
20
150,
27%
~8% 1%
%
1
Mississippi River Power 6% pfd
Missouri Public Service common
Montaua
13%
for Week
of Prices
Par
High
Jan
,15%
Mining Corp of Canada——
Minnesota Mining & Mfg_,
Pwr
27
—._*■
Supply—.
&
Refineries
Monroe Loan
9%
—50
Co—
Piping
Minnesota
6.30Q
24% 1 24%
27
4
Abrasive———
Mid-West
13
8%
•
$2 noh-cum dividend sliares:—;
Midwest
Low
Pepperell
Midvale- Co- common-
Oil
Range since January 1
High
Sale*
Range
Last:
Curk Exchange
Bale Price
Products—
Midland Steel
Midwest
12%
Shares-
Week's
Friday
sletKj
York
New
»»t;ek
foi
of Prices
.
common——.—5
Midland Oil Corp $2. conv preferred—•
Mid-West
Sales
Itiuigt
Exchange
Sale Price
;
2319
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4337
150
6%
Apr
7% Mar
Gas—
Nov
Nov
% Mar
13
Oct
8%
Nov
of Colorado—
Public Service
6%
Nacliman
Corp
14%
III
2
2%
%
2%
7%, preferred
National
National. Refining
National
Jan
33'%
Oct
Pyle-National Co common
Pyrene Manufacturing
35
Jan
44% Mar
13
2,400
11%
Oct
11%
4,500
Xll%
Sep
9%
200
4%
Jan
9'A
Jan
15%:
Apr
IT
Apr
15'%
450
10
10
10%
9%
200
15%
15%
100
203/4
———.
21%
4,000
12
,
13%
1,100
11%
2
300
i Vo
Jim
5 'A
5%
500,
3% Jan:
Oil Co_
Nehi Corp 1st
29%
—-
—
29%
40Q
26
30
111
111
—100
preferred—
13%
14%
Jan
1%
5%
Navarro
110
"i
9%
Corp
Nelson-(Herman)
%
9
Neptune Meter class A
Nestle Le Mur Co class A—.
.10%
2
6%
preferred
—*
preferred—————100
preferred
$2
New
59
Quebec
88
4%
Power
Y
N
Y City Omnibus
N
Y
N
Auction Co
Y
9
Voting
common
N
Y
$8
N Y
—10
Rosario—
Rath
Packing Co*
1
shares—;——
N
Y State Electric & Gas $5.10
N
Y Water Service 6%
108%
100
(<83-4
10
100
u—100"
Niagara Hudson Power common..
—
Mines
Norths 4mer
•
—
Rayon class A
6% prinr preferred
North, American
class
Power
Corp..
A.^,
Jan
Oct
94'%, Nov
Ryan
80%
May
%, Apr
B
..
...
7 %
Jan
Nov
Jan
12%
Sep
Lawrence
St
%
Jan
1' Va
Jun
Salt, Dome: Oil
103
Class
A
Regis
$2
Paper
1
37% July
Savoy
Oil
Schiff
Co
July
54% Mar
United
Saanson
Corp
6%
1st .preferred
Apr
12
Aug
Scranton
Mar
Sep
106
Nov
Jun
15% July
Jan
27%
Jan,
5 %
Oliver: United Filters B
Jan
Oct
29%
-
29%
29%
Feb
116
115
Jan
117
Jan
113
18%
.1,100
29%
Jan
6
Aug
8
Feb
1
:
12
12
12%
6%
1,500
Oct
24% July
112
-.——I
Securities
4%
20
———.—*
Omar Inc.
Overseas
3 % May
108
15
common
•7
July
Jun
Nov.
7% Mar
9%
Jan
Aug
13"
Sep
Nov
Elec
$6
Pacific Gas & Elec 6%
5 V»%
1st
1st pfd
preferred.——
Pacific
37%
37%
37%
Steel
Scull in
34Tb
34%
34%
Power &
Pacific
$1.30
Public
1st
Light 7%
109% 109%
70
Page-Hersey Tubes
Co
——
Paramount
Parker
Motors
Pen
Am
shs
Corp.
Shoe
Jo
preferred
A——-
\
36 'A
36%
Convertible
Gas
Penn
Power
SO
Penn
&■
Elec class
&
A
Light $7
com..
—
preferred
•
•
nreferred.
Salt
$5.50
For
footnotes
new
see-
common
page
2321.
,.10
Oct
Jan
5%
Nov
•11%
Oct
4%
Aug
4%. May...
525
11% May
5%
5%
6.200
8%
8%
8%
2.200
7%
Sep
4%
4%
4 Tii
100
2%
Jan
,
1%
22%
2%
23
22
1.200
14
2%
2%
'A May
50%
Jan
75
Jun
58%,
62
34%
35
500,
Denn
27%, Jan.
114
88%.
91%
92
510
9%,
10%
5'A
Sep
64
Feb
9%. Jan.
300
5Va
10%
200
2%
40
1
•38
<
35%
Jim
July
July
Silex
Co
9 Vb
800
6%
Apr
Feb
10%
Aug
!'
of
!
"iii
1,900
8%
2.000
6%
79%
79%
79%
150
67
Jan.
81'A
Aug
80
80
80
100
69
Jan
80%
Aug
200
11.
U
"% Jan
2.000
6% Apr
2% Feb
3%
2%
3
3
13%
13%
25
103
$3
convertible
preferred—!
common
Manufacturing
Co...,
Co Ltd—
Amer dep rets ord regis.
Sioux City Gas & Elec 7% 'pfd
88
Oct
9
Jan
9
July
Solar
36%
Nov
Solar. Manufacturing
Smith
(Howard)
Aircraft
800
22
May
Sonotone
30
32
Jan
50
Mar
Soss
50
34%
Ijan
40
Nov
Paper
Mills
Co
28%:
Aug
4%
Jan
43
37%
Mar
2%
100
%
Jan
109% 110%
230
94%
Jan
108% 109%
:
37 'A
200
"
37 Vk
400
90
_Jan
"36% Nov
Jan
6 '/a
Nov
Southwest
3
111
109 %
Co
Southern
Apr
13% Nov
Feb
104% Nov,
12
115%
Feb
17%
Aug
21
Feb'
Oct
Aug
14
14 Va
14%
975
13%
Jun
16%
Oct
26
4
—4
Jan
33
Nov
Jan
4
July
Apr
295
Nov
Pa
original
Oct
6%
5%%
£1
229
2%
108
.100;
Feb
5 Va
Jan
112%
12% Mar
-4
17
6%
X5V2
6 Vb
5,100
2T'a
Jan
6'A
5%
6%
200
3%
Jan
7
2%
Oct
Oct
Oct
Nov
Nov
2%
2%
2%
1.000
Feb
33A
Apr
1
8%
7 Tb
8%
1.200
4%
Jan
9Tb
Nov
3%
3%
3%
100
2%
Jan
3','2 Mar
40
Apr
45% July
28
Mar
31
37
Mar
44
Sep
42%
43
400
10
preferred
Colorado
50
r
25
25
July
41%
Power
__25
class
A...25
5.1 %
.
41%
50
32
25
preferred series C,
Southern
295
Edison—
preferred B
Nov
293
.
1
1
Pipe Line
5%
2%
J
.100
1
common
common
California
Nov
Nov
Apr
12
91%
110'% Apr
1
Corp.
33%
47 '/<
Aug
800.
21
1
Manufacturing
South Coast Corp
South Penn Oil
Oct
3%
Sinimons-Boardman Publications—
Feb
78
6
10 Va July
200
■4
—
l'/a July
13%
100
common
Apr
„
Jan
1% Mar
104%
4
Jan
Jan
July
%
8%
1
Singer Manufacturing
64%
11% July
22
8%
1
Canada
Singer
Jan
Jan.
16%. Feb
r'"''- %
.r.
Ltd
Simplicity Pattern
16%
2% July
9
pfd series AAA
Feb
Jan
Oct
Jun
Jan,
25
Nov
■
5%
48%
,__5
6
21% Nov
12 Va Mar
Apr
9 VB
4
1
Mining^
Breweries
Sep
93%. July
Jan
'
cum
35% Aug
114
4
common
Shawinigun Water & Power
18
2 Va
Oct
3
4
46
—
Oct
Jan
34T«
5
40
109%
3%25
1%
58%
Shattuck
17%
20,400
6% July
Jan
2.500
375
Scton Leather common
40
6%
Oct
6% July
10% July
2.200
Safety Control
Serrick Corp class B
46
5-%
Feb
3% July
19%
2%
Sentry
17%
6
Jan
2
prior stock
46
.
Jan
10%
2%
Allotment certificates
40-
1.08%
Mfg Co
17
...4
stock.
110
24
50
Pennsylvania Edison Co $5 series pfd_4
$2.80 series preferred
„«
Penn
Nov
18
Jan
—1
...
109% May
6%
7,700
25
—
Pennroad Corp common
Aug
Mar
19
5%
'
Parkersburg Rig & Reel...—Hl.i
Patchogue Plymouth Mills
Peninsular Telephone common——♦
$1.40
8
July
Get
4 % May
4
common
6% Mar
7%
_i
Co
16%
.1
—
Co
Jan
80
:7%
;
;!
600
4
Selected, Industries Inc
19
_!•:
common,
8%
25
—
Hardware...
&
Jan
96%
—
3 %
8
19
3%
6,600
25
common..
5
—
4
Pantepec Oil of Venezuela
Jan
106'A Mar
pfd..—. 100
Service.
preferred
Jan
32%
300
Feb
2% Mar
17
1
Securities Corp General
Bros Inc.—
Sick's
15%
Jan
35
1,600
25
Lighting $5 preferred
Pacific
13
.—25
—:
Nov
Apr
1
•
Feb
14%
Jan
1%
Spring Brook Water Service—
isd preferred
4
5%
common...^
Sep
15%
Jan
1
pfd
Sherwin-Williams
ifCo
1% July
109
Aug
5
Sherwin-Williams, common.:
Pacific Can
Oct.
4% July
Scranton
7%
100
—
Oklahoma Natural Gas
5%
7%
4
116
1% Aug
40
'
5%
5%
—3
Schulte-
Selby
113%'113%
Sep.
1% Mar
13%
7,100
..-.5
Seiberling Rubber
116'A 117
5
Nov
6%
18%
8'
4
common
Jan
,
18%
113%
26 % July
14Va
Jan
_1
July
Jan
23
1st pfd——100
2%
■
4
103%
preferred—-j——100
Ohio* Public Service 7%
Jan
16% Aug
19
18
18'-
^50
(D A) common.
Convertible preferred
Scovill Manufacturing-
O
Ohio, Power 4%%
2%
17%
I
common
7
2,800
500
400
4!
Co—
37
Jan
i 4%
4%
3%
6%
10%
2%
l
common
121%. Nov.
113
4%
3%
6?a
10
Co—.
Jan
•%
4%
500'
20 •
—
pref
conv
27% May
52% Mar
—4
3%
1
Corp Ltd
9,800
Feb,
Segal, Lock
;
12
14%
14
14%
Oct
Nov
% May-
Jan
Oct
55
48%
14% July
Jan
j;!-
common—*
2,100.
Jan
Aug
24%
2 % May
5
—
1%
42% July
3 'A. Jan
4
Seeman
Ogden Corp common
Ohio, Brass Co class B
Jan
July
107% Aug
Jan
%
30O
1%
16
Oct
St.
14%. 14%
.21% July
11'A Jan-
25
7,000
11
5
& Kaynes common
Ryerson
Oct
14%
5%
1
;
Co.—
2A
25
May
11% July
,
2%
—*
85% July
157
Mar,
15%
3.600
~5%
6
"%
Aeronautical? Co
Consolidated Petroleum
Ryan
•7% 3Ts
Jan
10%
24%;
5
1
—4
——
Ave..
4 %
10
300
13%
Royalite Oil Co Ltd.
Russeks Fifth
4,700
pfd—100
*
75
15%
;
24%
13%
Rotary Electric Steel Co
13%
10%
24
.—4
$1.20' convertible preferred
Jan
May
Petroleum
Root
Jan
50:
Nov
Roosevelt Field Inc.—
1%
200
1%
Corp common
15%
1
—
—
Oct
111
Cable
1.700
1.950
5,800
Roeser & Pendleton Inc
X2
113% 121%
34%. 35
1%
%
Xl%
117%
1%
105%
X2
:
1%
Mar
1
17% Mar
10%
3.900
Jan
48
100
Rome
Jun
9%
13%
12%
Rio Grande Valley Gas Co v t c
Oct
15
Jan
5%
300
-5
:
Co.——
Northern Indiana Pub Serv 5%
Novadel-Agene
.
~50
Texas Oil
Northeast Airlines
Northern States
65
30
3,000
20
6,600
Rochester Gas & Elec 6% pfd D
Nov
31
.
Feb
Utility Securities..—*
Northern Central
North. Penn RR
79
iV
52%
48%
...
Nov
Jan.
46%
Oil Corp. warrants.,
Richmond
Radiator.
106% July
450
90%
'
13%
*
—
5%
July.
15%
51
Republic
Nov
100
10%, Mar
Apr
———.—*
common
44
117
105
33%
5
—...———
preferred
Clasa B
88%
:
dan
Richfield
Jan
74%
Jan
47%
Co—
Feb
Jan
2 %■
Nov
6,300
40
23
23
—•
Reliance Electric & Engineering—
Oct
Oct
Jan
23.600
3%
6
Light, & Power common—1
North. American
3%
Roller Bit
Reed
NOV
:,.v3%
Jan
60
1%
1%
1
66%
Jan
108'A
20
460
,.
—4
Co—
Aviation
Rice^ Stix Dry Goods
Mar
13
1
—.
Aug
102
500
69 %
78 %
Electric....'—_—.——1
Noma
$8
Corp B
67
i-
—*
Nilea-Bement-Pond
Nipissing
89
16
Red Bank Oil
Oct
Apr
21%
1 %
12%
1%;
common—50o
Raytheon: Manufacturing
21%
:
.
7% Jan
70
108% 108%
3%
preferred—
5 % 2d preferred——.
Clasa B optional. warrantsNiagara Share class B common
—5
Class, A preferred:
—100
1st
Nineteen Hundred
1,000
200
104%
15%
pfd_10Q
pfd—
21
-13%
112%
104
—
5'e
54
75
31
Oct
'
11%
31
Jan
Apr
Jan
1
10
common
$3 convertible preferred
Apr
113%
Jan
18% • Mar
300
10
——
Power & Light 7 % preferred—100
preferred.
—.—*•
Shipbuilding Corp—
Founders
Apr
3 54
9%
71'/a
149-
10
—
Railway & Utility Investment A—
7,%
Feb
6%
35
•9 %
60
Railway & Light Securities
Oct
64 %
*
Jan
2% Jan
warrants——
Merchandise
Jan
104
500
4
common.—
Honduras
81
3
-*
New Process Co common
40
Co
Feb
10%
Jan
47'%
240
19'%
20%
65 % ' 66%
New Jersey Zinc—;—.————
25
New Mexico & Arizona Land—.——1
Oct
R
Oct
12-
J an
6V2 May
100
13
81
10%
Radlo-Kelth-Orpheum option warrant»-
July
•
475
111'%
12%
*
New Idea Ine common—
N
6%
61
109
111%'
13% July
29% Mar
Jan
18.
100
——*
Co
Jan
8%
Nov
May
Oct
114
——_•
—
& Tel—.
England Tel
New Haven Clock
6%
60%
.
14%
600
153
80%
152
153
100
2
7% July
Jan
,,
5%
England Power Associates
6%
12%
Jan
Q
80%
•
Raymond: Concrete Pile common
New
11%
:■
2%. Aug'
May
400.
200
9
—
Quaker Oats common
Nov
85%r Apr
*,
pfd
14'/a July
17
106 %
9% July
1%
Nebraska Power 1%,
Jan
Jun
Jan
11
4
5
10
Nov
25% July
Radio--——
—:
10%
93 'A
11%
Nov
July
18%, Feb
National Tunnel & Mines common
Union
;
625
,
12% July
v,
8%, Jan
21
3,800;
13 To
105% 106
14% May
91/4
Refining
National Tea 5%% preferred——
105%
Puget Sound Pulp & Timber.
Nov
13%
13T«
4
39%
11%
——
common...
National Sugar
National
—10
——
Jan
42%
common—
National Transit
Jun
Feb
12%
common
National Steel Car Ltd
Sep
118
$5 prior preferred,
2% July
40
Machinery—,—.
Rubber
Xlll
Jam
35
—,
Mfg & Stores
Apr
114%
28
——.
National Candy Cq
National City Lines
National Fuel Gas_,
108
100
Common
Oct
20
Jan
1 %
6,300
Breweries common,
National
100
1st preferred
Puget Sound Power & Light-
—•
—
National Bellas Hess common—
1st preferred
7%
N
32 'A
400
29%
Apr
32%
Aug
31%
31%
300
29%
Jan
31%
Nov
-1% Nov
2
July
Jan
77
July
'
38'A
Nov
7%
preferred
100
67
CURB EXCHANGE
YORK
NEW
RANGE FOR WEEK ENDING
NOVEMBER 24
,.....
Friday*
Curb Exchange
York
New
Range
121
-100
England Telephone
ft
—10
50%.
Preierred
5%
700
16%
1,000
25%. 26%
400
25%
3%
1,400
(Kyi--
19%
18%
10
19
112
j»;
•
•
103
12
12
—1
%
2%
3
5%
9
Sun
2,300
1%
Jan
3%
675
8%
Feb
300
%
Feb
3% Aug
17
17%
17%
150
12%
11
11
100
—1
20%
21%
1,400
12%
Jan
119% 119%
10
114%
Jan
119% Nov
6%
11%
1,700
X9%
1,300
9 V;
Oct
57%
1
3%
Oct
9%
Jan
Nov
Shipyards Corp
6 7o preferred
Jun
4%
290
58
.
109
10
106
—
3%
4,800
7%
7%
7%
«
12%
12%
12%
Jan
1% Aug
May
4% July
Jan
18%
1 % Mar
10% July
Jan
13% July
Canada..
Union Stk Yds of Omaha:—
United Aircraft Products
1,500
Corp
1%
United Light & Power common
class
United NJ RR & Canal
ft
IV
|
United -Shoe
1
■
18%
Jun
ft
Feb
deb
'
ft
;■
64
ft
..
"A
•
>
Jun
39 V2
Feb
93
25
Machinery common.
Jun
269% Nov
%•
Feb
1% Aug
Mar
9
;
"
1.000
8%
.
77% July
43— Jun
45 \'i Aug
100
45
8%
Jan
4% Mar,
69
750
76%
44%
%
W
8%
■
Oct
130
75
76%
23
Oct
6 V2
-
'
Apr
6%
Feb
'
Preierred
Oct
Jun
Apr
263
'■
'
T L
~9
fts -Jan
65 Va
Jun
90
.
Jan
■
.
33%
ft
#-ft-:'
~9
% Mar
50%
3,100
'
'
"9
Jan
Feb
4
10
Mar
-
%
.
—25o
3
Nov
Sep
/•
—100
Jun
121%
1% Nov
'
■
>ft'
■•*»,.*
■
•
10 Vi
Sep
'
B__l—-1—.. —1
1 ft
u
ft
U S and International
S Foil Co class
US
Graphite
•
ft
*
92%
300
7838
3%
700
2%
'•
['
j,
$5 1st preferred with warrants.
,
US Radiator common—
!
IT
S
Rubber
...*
HIZi
3%
•
Reclaiming
r>
IlsOe
—
4
4 Vs
*ftv.y
Universal Cooler class A—n—_
'
-
Universal
—iL
Insurance —ft—.4
Universal
Pictures common—
——1
•
Universal Products Co..—
I_II5
.Utah-Idaho Sugar——
•
Utah Power & Light $7 preferred.
i
Utah
i
1
Radio Produets
2%
1,500
7
:
5%
-
■
v
4,9.00
20%
20
3V4.
3%
55%
—; i
7,
■'
26%
26 Vft
6%
ft
21
4,700
26 Va
50
;
deb
7
■
4%s
C
series
5s
—
85
5 V*
Jan
6s
—
2%s
Edison
Boston
Janf i.
-
,i%
Jan
22% Aug
18% Jan
20 %
26
,
Northern
Venezuelan
5
3%
Jan
1%
Oct
Feb
8% July
Feb
74 Va
61
Jan
y.
2Ve July
85
Nov
■.
'
■'
,•
'/
.
391
27b
50 V-t
50%
600
5200:
70
-
8%
9 Va
9
7'«
•
.
7,500
ft
—
—
_
—
>1Vb
Service
1
Co..
....
5s_,—
26 Va
10
22%
29
15
85 Vi
101
M-S
1'fo
preferred
Waitt & Bond
~
claaa A
-too
Warne
Knitting
Feb
3% JUly
>
mtge 3s ser P
i.
10
a
"2%" r238
200
4%
1.200
III„8
_
.1.23
4%
footnotes
see
page 2321.
115%
$109% 110
A-0
:
J-B
..
M-S
104
97%
104 Vi
98Vi
105
3-D
—1909
J-D
F-A
F-A
103%
$99% 102
103%
.1956
M-S
104% 105
A——1969
—1953 ;
AGeneral Rayon Co 6s ser A
1948
Georgia Power & Light 5s
.—.1978
GlCn Alden Coal 4s—-i
i——1965 ;
Grand Trunk West 4s
——-1950
Great Nor Power 5s stpd——>
1950 ,
Green Mountain Pow 3%u
,.1963
A-0
J-J
Jersey Cent
K^nsaa-. Pgvipr
Sep-
108
64%
102
5'
104%
101%
101
101,%
13.
108%
108%
108%
2
15;
33%
33%
41%
$39
39Va
39 Vb
96%
965B
68
6 TV's
2
1943
Petrol 6 Vis
Midland Valley RRtft.V
Extended at 4% to
.
1st
...——1963
—1967
——..1978
1955
5s—ft-
ref
&
'
'•
•
New
gs
Conv
Jun
1%
Feb
3%
Oct
New
New
25% Oct
5% July
'
m).(SjfU'l ftft'
r
—1943
5S—
—
5s.—
Eng Gas & El Assn 5s
New
20%
4%s~
A
Amsterdam
Gas
—...
__
deb
5sw
3-D
1981
—2022
1948
—1947
..—1948
.-ft,
1950.
England Power ;;3%s_ft^——1961.
England power. Assm 5s—194ft .
Debenture S'/aS: .—ft..—
1954.
40
106Vi
109
106Vi
120
107Vi
122%
109
112%
110
109%
$lC6Vi 108
105
108 Va
102 V«.
63%
-107
61%
69%
,107%
G
106%
208%
103%
18
102%
106
63'a
..
4105% 106%
10.0% 100'a
F-A,
..
—
.
-
.'2'
-
.
$117% 118
110 v4110%
J-J
104%
108
100%
101%
106
Vi
111
116
120
3
110%
113
72%
10
106% 106%
106%
M-S
103%
15
91103,
103
104 Vi
■
63 Va
107%
4
.
■
99%
99 Vi
102%
499% 100%
J-D
J-D
77 Va.
28%
107
1Q2%
f)
M-H
97%
60
$107% 108%
J-J
A-0
42
26
f r
& Suffolk Ltg
series
■
34 Vi
88%.
108%
110
A-0
F-A
42
.
37%
$120 Vi 121%
110
J-J
„
39%
1
37
$104
M-S
1970
25
■
88%
M-S
85 %
83%
85%
28
J-D
85,
83
85%
46
72 Vi
82%.. 85 %
68
72 Vi
M-N
85%
,.
"
1107 Va 108 Vi
M-N
A-0
42
45-
'68 3'«
106% 106%
J-D
J-J
,
80
97
37
M-S
.
;
7 21 Vi
.25
,
22%
J-J
,
93
106% 109
23
39%
....
102%
102%
93%
,
25
36%
$35
34%
J-j
105
103% 106%
13
101V« 101u
101 Vb
105
102
...
104'i
'104Vi
.75
111
'•;!
J-J
Superior Dist Pow 3%s—1966
MfeCord Corp 6s stamped——1948
Nov
Jan
8
108Vi
103Vi
J~-3
.
3%s—1969,
& Light
K|ntucky Xftilities 4s
11% July
■
103
102% 102 Vi
34%
Kansas Gas
L 4%Sft
Jaii'
•
33%
3%s._—_—1965
Pow & Lt
Electric Power 3%s._—-ft-1966
& Electric 6s
—2022
Kansas
Minnesota P &
Jan
vi
104%. 104%
$104%
F-A
coupon)—-—1952
Interstate Power 5s———1957
Debenture
6s——
———1952
A Italian Superpower
6s—
—196b
Apr
105
;05
106Vi
3-D
(July 1941
15% July
Feb
101
M-N
E_ft—-ft.
103%
5
F-A
•
304%
98%
ft.. I
•i
71
■l:
M-S
104
101%
103
$67
A-0
1953
.——ft—.1957
A7s (Aug 1941 coupon)
1957
A 7s. series
F—————1952
+98
A-0
1949
,
103%
101
3-D
1949
(>
———
97%
$108Va 110
3-D
J-J
19.41 coup)——1955
11%
94% May
107
104% 104%
J-D
{International Power Sec—
Feb
5%
103
48
105
105
F-A
B^.—..—1957
1950
^^1963
1970
Feb
May
123
104%
124%
6
J-J
Service 5s———
1st lien & ref 5s
Indianapolis P, & L 3Vis.
A6Vis series C
A6Vis (Dec 1
101%
,
99% ,99%
;
M-S
Vis—,———1966
Hygrade Food 6s ser A—
—Jan
6s series B
..———Jan
.
121
$103% 104
J-D
Store Prod 6s.——.—1953
Guantanamo & West 6s_.—.——1958
Co—
5Vis, .serfes
100
102%
63
t...
J-D
Grocery
Power
90%
93%
$102.% 105..
J-J
105%
99
55
103% 103%
103%
104
125
90
.
$124% .ft;.
M-N
Power 3%s
Indiana
102%
119
+-
102% 102%
103 % 104
102%
111
108%
■
—1954
5%s
Pub Serv 5s.
Lt & Pwr 3
104
I
■
.
"i
$120Vi 124 V
102n» 103%
A-0
108
105 Va
109
104
J-J
98Vi 106
1
108 V» 108 V«
$108
99% 104 Vi
3
104% 105
A-0
..2039
AVs
••■/
11
Light 5s—
series
79
.1958
.—1969
& RR 5s—
A7p
103
,62
8
Water Lt
Federal Water Service
1st. & ref
104Va
104 "a
1
19
Electric. Power &
Illinois
54%
100%
101%
64
104
$105% 107%
103 V* 103 Va
54%
;■
103% 104%
-.1956
Houston
98
;
.66%
65
66 %
107
37
104'/
Gas & Fuel 4s ser A.
General
103%
36%
,
118
,'w
54
$99% 101
M-S
M-8
GatineaU
21
52%
51%
53%
3-D
Elmira
99%
105Vi
2
'
J-D
—1944
Eastern
103 %
10
103%I
106
51
52.%
J-J
M-S
108
101%
1C3
150
1.05 Vi
ft:./
106
M-N
J-D
J-J
150
102%
102 Va
120%
119
A-O
Cuban Tobacco 5s—
8
3%
10
180
$155
Q-F
—1976
2%s ser Q.
(Bait City)-1954
Gen mtge 4Vis
——
—1958
Continental Gas & El 5s
—-
8%
11
For
109
113 Vi
4
119% 119%
lif-N
1st ref mtge
Light.14Vis
7%
113% 113%
J-D
Consolidated Gas
Milwaukee Gas
15
"4%
106
:■
..
104 V4 104'%
....
Oct
14%
25
Mills.
200
•
Class B
.Vre.'itvrortli Manufacturing
9%
105
$107%
104:1-
—
54
.
3
9%'
100% 101
100%
M-S
F-A
series N—
ref
1st
68
105
29
27
& Pr (Bait)
Gas El Lt
3'is
Nebraska Power
•
29%
26Vi
26 Va
A-O
5s.
•
ext.I•
.22%
t
—1971
ft
5s.—
5s._
deb
Nassau
Aircraft
23
1
1955
Jan 1966
—1950
B
series
6s
Cities
Jail
27
W
Wagner Baking voting trust ctfs
23
72
27
'
.1927
~\952
gAChicago Rys 5s ctfs—
Cincinnati St Ry 5 V2S A
,
Waco
29%
81
27%
26%
F-A
—
—
'
1
Petroleum.—
Manufacturing
23
43
5s
Power
-
Vogt
8
A-0
111 El. & Gas 3%s
Middle'States
1
Valspar Corp common
d" $4 c.onvertiole preferred.
29
26%
'26
26%
27%'
LMce
,
95
92%
Mar
28% July
Jan
4
July
5r'it Nov
v
Feb
lift—
V
128
79%
40
25%
J-J
1953
—1964
gACentral' States Electric 5s..—..1948
A5%S ft.
1954
Central States Pr & Lt 5%s stpd—1953
Sep
13 %
Jan
200
Jun
14% May
Jan
85
109%
124
92%
•92%
102
99
107%
125%
$123
F-A
960
.—.1998
1962
.-.1970
—
Bethlehem Steel
Vb Sep
.2%
__.
9
M-Q
Bell Telephone of Canada—
1st M 5s series B
——,.1957
2% Aug
51%
1,100
104%
3
109%
109
109%
A-O
—
July
Jan
3,600
56%
-
85
.
4%
Jan
375
.3%
ft-w
—__1
.
1%
93 Mi Nov
Jan-'-.;
Feb.,
20
■
——
stock
S5.50 priority
4V4
—
15%
—10c
.Utility-Equities common—
j
5%
IIIIo
B
2,600
12
•
Class.
;
July
11
Apr'
Oct
Apr
1%
100
%
'
United Wallpaper, Inc:,.——ft——
...10
Universal Consolidated OIL—
■.,
%
2 '/8
%,
.3/ft
■
2
|
-
2 Va
——_
United Stores common—
|
3%
8%
Jan'
Feb
10
•
Securities.
9
350
10
92
—fl
common—-.-—
5%
2,200
8
7%
8
•
JmJ
104%
101% 101%
103%
104
J-D
J-J
1953
4V/2S——ft
AConv
108%
110
101%
24
19% Nov
Feb
112/4
3,000
Va
ft'
United Specialties common—— —1
ft
£5
3,000
%'
&
,
'
62%
-ft!
—•
:
% Mar
Jan
3,300
3/64
'
—
Unitea. Profit Sharing-.
10% preferred—
Oct
Sep
16
1.250
64
preferred———
:
2
ft May
13,000
■=
ftft
,
B
j
25% Aug
17
100
1%
1%
3/64
■
participating preferred-.
United Molasses Co Ltd—
Amer dep rets ord regis
11%
Jan
1VV Feb
500
113% 114%
1%
114 Vi
*
$3
Jun
12,500
19%
.
"
1st
Feb
7% Jun
68% Sep
7%
50
19%
•
United Milk Products—*
Feb
80%
...
A_
7%
Aug
May
,
1
•
preferred non-voting—
Option warrants.
,'
.
:1st $7
1%
i7%: 17%
n'r
V*
•
,
United Gas Corp common
$6
4%
700
10%
1%
.;
warrants——.——— ft—.
United Elastic Corp
Common
Xl0%
V-J
1948
.—.1949
AConv deb 5s
1950
ADebenture 5s
1968
AConv deb &5%s
..ft,
,.ft_._1977
Assoc T & T deb 5%s A_^———..1955
Atlantic City Elec 3%s
..—...1964
AConv
100
106%
=
:„1961
1970
-.2024
6s
Paper
Writing
105
102 Va
$109% 111
Amer
High
Low
'103%
109
$108
Nov
14%'
: 10%
Cigar-Whelan Stores.
r—10.c
S5 preferred
.——_——.—*
Prior preferred———...—20
•.
4%
5%
100
January 1
HQ,...
.
Co.—>"
$103
3% July
66
United
United
7%
Jan
4%
...—1
*
Chemicals common
United
Jan
2/8
of
Gas
Union
2%
100
7
Hiah
M-S
Consol
3,500
X2%
6%
Range Since
Bonds
Sold
Friday's
or
Bid & Asked
J- J
9% July
Jan
4
10%
200
X2%
G%
1
-,10c
Unexcelled Manufacturing Co.——10
11.Vs July
4% July
Week's Range
Last
J-J
U
i
Jun
14% May
2 % Jan
.,
1950
s
Conv
Corp
4,700:
ft.x3ft
Friday
f debs——.
f debs
ft——
s
3%s
Debenture
Realization
900
.
Sale Price
32% Nov
3
300V
1
Apr
6
>
Jan
7-
—I960
3%s s f deos
1970
Amer Pow & Lt deb 6s.—.
2016
2%s
Central
IV Mar
Udylite Corp
9%
9%
Interest
Curb Exchang#
Debenture
Ulen
,
American Gas & Electric
Canada
9% Mar
—'—
Nov
115
Apr
ft
warrants—.
Tung-Sol Lamp Works.——
80c convertible preferred
.
Low
July
4J Jan
300
■
28%
X31%
-10
1,500
32%
3%
1
Trans western
1%
1%
l'l)
111
Apr,
:
7% Nov
7%, Jan
•1%'
Period
109% Feb
) July
113
1
-
ft 3.% .jail
100
...
Nov
12% Oct,.
6% Jan
Feb
,110
10
•
5%
ft 5%
1% July
80
Feb
.100 ■'
Tonopah Mining of Nevada-
13%
Feb
Jan
75
109
.100
Toledo Edison
9%
100
1%
1%
4%
110% 110%
1
BONDS
York
New
Jan
60
Feb
1%
300,
13%
13%71%
""
x3
Wright Hargreaves. Ltd
Biclcford's Inc 6%s
75
w
;
4%
-
:
Jan
3
10
ft -700
•
5%
Jan ft
8%
500
.:,75
Nov
16
14% July
.
11% July
1,000
4%
■
27
Jan
57
250
4%
57
..
Feb
6%
800 V
8%
8
57
..
preferred.——...
12% Sep
Apr
19 %
9
dep rets ord regis——
Inc
7%
Oct
7
Mar
6
300
10%
..
4%
Corp...
Oil Co.—
Sep
Sep
24% July
11%
-
dep recs def reg
Trunz
6%
26%
23%
Exports
Til-Continental
Jan
Feb
1,000
Security Trust Co Ltd-—
Trans Lux
May
26%
—I
& Construction-
Amer
7 %
11
25%
1
—
Amer
Todd
i, 15% Apr
Aug
9%. Apr
5
& Allied Stocks—
Product
Nov
18
Jan
21
———
%
■ft"
/ 200
-
'7
11%.
Ba Z
American
Appalachian Elec Pow 3%s,
Appalachian Pow deb 6s——
Associated Elec 4%s—
{Associated Gas & Elec Co—
Textron Inc
Tobacco
Oct
26%
May
13
6%
■
Woolworth
14% July
11% Aug
200
2
~5% ■
•
100 ■"
20 f
—_1
Petroleum
:
i.
(F W) Ltd —
deposit receipts.—^
Woodley
6%
11%
__1
pfd
13
12%
-6%
:
16% July
5
Co common
Tilo Roofing Inc—
Heating.
Jan
Feb
-3
600
14%- 14%
"
•
Co
Inc.
Sep
28 % May
20% Aug
11% Nov
-
14%
Nov
900
■
.ft .8%
1
10
Winnipeg Elec common B
Wisconsin Power & Light 7%
Wolverine Portland Cement
Nov
26%
Thew Shovel
Tobacco
12%
-
13%
.100
Tobacco
Jan
9
24%
Technicolor Inc common.
Texas Power & Light 7% pfd—
Texon Oil & Land Co.—
,,
.
ft 16 ft,, Jan.,
15% Aug
13
Co common
Tishman Realty
Jan
24%.
——
Jan
..23
Nov
July
25
>■
.
Nov
53
Jan
1%
1%
——;
&
(R C)
Products
Willson
Jun
14%.: 15
Jan
18% Mar
Sep
9%
Jan
5
6
3%
13 Vb
138
Apr
84
Oct
Jan
3%
7%
■i
100
16% Nov
Jan
3%
15
1.900
2% July
3%
13%
300
12%
12
12%
3,600
135
120
60% Nov
1,100
Taggart Corp common
—
ft July
12
B com——*
18
8upenor Port Cement class
Swan Finch Oil Corp.
Nov
,
Va July
ft
Apr
*
—
Co-—
Tampa Electric
13
1
Machinery
Ray Drug
107
Jan
43 %
Inc———
.
Stetson (J Bj. Co copimon
•
Krmnes
(Hugoi Corp—
8
Stroock <St & Co common-————a
Sullivan
ft July
Jail
1%
50
16 %
9%
16%.
—1
1
1
Sterling
% Aug
53% Mar
50
———-20
Sterling Brewers Inc
Mar
114
■
:4ft Neb
1,000
.
Products—
Sterling Aluminum
'
'■
Va May
100
2%
2%
20% Nov
19% Nov
'■■■■'
7%
3,300
.
ft,
Jan-
54
■
Inc
Oll-O-Matic
Williams
3% Aug
ft Apr
-
250
200
Hi
*
1
& Co common
preferred2d preferred
Wichita. River Oil Corp.—
'
Jan
%
12%
..
Sterchi Eros Stores—————
1,700
107
106
Jau
•
108%
2,300
•
12%
12%
135
Oct
17% -Feb
50,,
3'
•.
io%
13%
9%
X10%
10
Weyenberg Shoe Mfg
Oct
28
Jan
; 16:
'm
■
...
—
1st
Apr
Jan
2
1,100
112
112
1
c.o.vatt
(A •
Nov
Jan
18 Va
250
20% .20%
20 y*
Products Co
;——
,—1
Standard Slier Lead
.—
—1
Standard Tube class B—
—
VThoi I'rvm rnt.intr trust Ctfsi—s
Starrett (The> Corp voting trus
.
Steel Co of Canada-——-
6'<
7
18%
Jan
6
:io% Oct
-
——
Westmoreland
Williams
3
3%
'•
100
—
Standard
Stein
Nov
'5% OCt
r
,
1%
2%
5%
July
51%
Jan
3 % May
.
ft
_20
class B_;————
Commou
1,000.
9% Aug
13
'
,■
-
Oct
112%
Apr.-
5 he "jail \
"
.
X
High
Low
108
$8 preferred
•
West; Va Cbal & Coke—
i—5
Western. Air Lines Inc.,—
I
Western Maryland Ry 7% 1st pfti—100
Western Tablet & Stationery com—-.-*
Westmoreland Goal_
20
10% Nov
-■
Jan
9% Mar
40
20
5 Vs
.
151'u
5 %
„1
(Qhio)~--5% pfd——
Power & Light.*.-
Standard
51 Vb
5
8%
.
.,
Range since January
High
Low
'
West Texas Utility
—
common—
convertible preferred—i
Standard Dredging Corp
Standard Oil
Standard Oil
11
5 ft
—10
preferred
100
200.
"
Sales-
Shares
of Prices
Sale Trice
Par
Get
131
July
5% Jun
700
,
9%
10%.
•
(A G> & Bros 1st pfd—
o^cixv-ci
snoe Corp---.————
Stahl-Meyer Inc————.——
2.78
Standard Brewing Co
—-j.1
Standard Cap & Seal commonConvertible
10%
9%
Pipe
Spalding
S1.60<
~9%-.
9%-
Phosphate Co—10
Nine
0
Southland. Royalty Co———u—
Souuiern
Southern
!
(or Week
Range
.VLast:,
>■
High
Low
-Week's
Friday
•*—»+
-
Range since January 1
Shares
Hlo*
LOW
{J,'f Q-CVKftb-
York Curb Exchange
New
for Week
of Prices
Sale Price
flf
Southern New
Sales
Week's
IjB«t
STOCKS
Monday, November 27, 1944
& FINANCIAL CHRONICLE
THE COMMERCIAL
2320
1017 a. 102%
102%
102%
■.
102%. 105
.
107
...
36
37
•
88%
88%
110
95% ■'102%
101% 105
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4337
160
NEW
BONDS
York
New
Curb
%
•
•
Exchange
FOR WEEK ENDING
Last
N
& Westchester Ltsr 4s
Y
W-N
Elec & Gas 3%8—1964
——2004
Ogden Gas 1st 5s—————1945 •/
Ohio Power ls(; mtge 3'As———*-1968
1st mtge 3s—*.
-1971
Jkf-N
A-0
Ohio
-1962
"F-A
1948
'91%
J-J
F-A
Service-4s—
Oklahoma Power & Water 5s
Power
Pacific
tight 58—-1955
&
102%
107'A
United
Light
Pennsylvania "Water & Power 3'As_T964
3'As
4—
1970
Philadelphia Elec >Power1 5'As
1972
Philadelphia; Rapid:Transit 6S—;_1962
-i-J.'
N
J
J-D
.1959
Low
NO.
110% 110%
A-0
(Delaware) 5%s_1952
(Maine)—
—.;
1952
Rys
110%
Range Since
January 1
Sold
High
High
1U%
110
Co—
&
&
/
_____1949
4s
Power
& cons 5'As
United Lt
95'/a
107%
■
'
j
.
110
105 Vs
AO
1053/4
102
II53.4 '
111%
26
1063A
113
110%
103;,4 104
109%
102%
$108
1033,4.
Debenture
104'/a
.
.
:
.4
-
..2030
J-D
—1959
F-A
-1937
3-D
1947
45%
A-O
_1960
3-D
Penn
'Traction
.....
5s_
Western Newspaper Union—
6s conv s f debentures.-
lAYora
Rys Co 5s stpcl——
ABtamped 5s
107%
106
-
45%
34
116%
53
45%
105
$1073.1 109 %
108%
.,
.
47 3A
24%
$106 (a 110
J-D
109
-
110%
'
117
108
/
106'A 106'A
M-S
dms—_
J-D
West
1063/4 108'A
4108
109
40A3/4i09
income
West Penh Electric 5s.
108%
106
-
'
.4-
1954
113%
.115% 115%
107%
105% 109%
•
4106 V4-10844
115%
Ry >& Elec 4s
—.—,..*..1951
Wash Water Power 3%s——1,
1964
56%
,
104%
107'4
-$106 ?AT081A
-
40
58',2 "
-107
107
/'
Af-N
Wash
103% 105%
9
104'A IO434
45.6'A
-
.$113/'
F-A
.2023
A
series
Waldorf-Astoria Hotel—
A5s
J'■
.4..
,,
6s
109'/a
102
•
6s. series
Utah -Power & Light Co-
-107%
.103'A
4102
104%
-101'A
-
106'A 107
.
3-D
J-3
P-A
M-3
;
■
103'A
41057b 106'A
m-n;
■
r
82
-109
.4108
__
.
M-»
1979
LU—
il01%
V
,
P-A /
J-J
.
1977
Penn Central U .& Pwr 4%s—,
—
Electric
Bonds
Friday's
or
United Light & Railways
A-O
Park Lexington 1st mtge 3s_—i—* 1964
1st : 5s
United
27
Week's Range
Last
Sale Price Bid & Asked
High
111
"2
-
...
9114
90'A
Friday
Interest
Exchange
Low
1st lien
5%s series A (8% redeemed) ——1948
Curb
Period
1083s
103'A 103'A
North Continental Utility Corp—
Public
-
4108 'A 109'A
:
.
J-J
-
Low
York
January 1
No.
New
Range Since
Sold
Hiah
Low
N Y State
Bonds
Friday's
or
.
BONDS
Sale Price Bid & Asked
Period
NOVEMBER 31
Week's Range
Friday
'
Interest
:
EXCHANGE
CURB
YORK
RANGE
—
108
108
,105%
$118
v-.^:
no
114%
99% 100
20
iio'4
.85
24
100% 100 %
100!
5
100
109 TA
118
i
100
96 34
100%
96% 100 Va
Portland Gas & Coke Co—
t
-
.
103
.
;..l-
103
102
J-J/
M-S
sstamped extended—-—;—--.1950
Corp itCan) 4'/2S B_„
1959
,5s
Power
Public Service Co of Colorado—
102
.100%
"92%
102%
26
J-D
J-D
1st mtge 3'As—
:«
1964
Sinking fund deb 4s—-——1949 7
Service of New Jersey—
;.
/."
108'A 108%
108'A
106 %
104
6
106%
109
103'A
106%
"J,.
>
5
106'A
'
,
f
|
t
1
.?•
Foreign Governments & Municipalities
*
•
Public
A-O
1979
Scullin Steel inc mtge 3s
;
;*-D
—1951
1951
:
Wyoming Coal 6s_
Carolina Power 5s„—
South
J-J
California
Southern
California
1957
J-J
1965
M-S
Gas13MiS—5.1970
Southern
Counties
■
A-0
Gas
3s
(Calif)—
1st mtge 3s——
Southern Indiana Rys 4sr—:
P
Ii
■&
Spalding (A G) deb 5s
Gas &
Standard
;0s
Conv
i
..
(stamped)
-
.
Debenture
6s
6s
gold
-...Dec 1
1966
1
103%
_
Danish
105%
1
I
863A
,
AMaranho
101 %
104%
1
AMedellin
83 %
98%
96
A Lima
90
86%
98'A
57
82
99%
98
98'A
83
86'A
98
98
98%
48
863/4
.98%
98%
98
98%
47
86'A
City
&
Light
A Starred Corp ino 5s
Power
987/a
98%
98 4
98
J-D (
-
A7-4s 3d
stamped-
ACertlficates
Stinnes
Electric
Water
25
86'A
'
62
54
61%
26%
26'V
16%
30%
80 !u
80%
62
83
F-A
$75
85
60
82
19%
J-J
$21
40-
M-S
$1734
1.9%
17 '
22
*.1958
M-N
38%
38r,a
34%
46
34
18
34
....1952
.2
21
3-D
$32%
2-1947
M-N
$41
1947
A-0
$41
3-D
$16
22
10
17'A
3-D
$75
79
58
79'%
-A7s
7s
-1951
1
.
v
(issue of Oct. 1927)— *
A Parana
(State)
de
ARio
98'/a
56%
13
293/4
33%
36
41%
41%
,
36'A
19
20
20%
41%
38%- 38%'
j-J
38
—1919
J-D
—1921
J-J
1958
2—^
6%s
6%s
Government
33
38
•
2
413%
34
1
43%
6%
6'A
60
3%
8%
6'A
6%
35
3%
8%
45
20
M-a
—1959
7s*
Janeiro
56'A
—
5s
v
1946
A-0
1960
.
& Light 5s
A5%s —.2—;
J-J
3'As
3434
105,
13
—
6'A
117%
108
105%
107
111
8
;
Deferred delivery sale,
a
d Ex-Interest,
e Odd-lot sale,
n
Under-the-rule gala.
Ex-dividend.
,
.
'
108
x
§Reported in receivership.
119
101%
value,
sale,
tFriday's bid and asked prices; no sales being transacted during current week.
ABonds being traded flat.
"
107'A
2
11,
118
118
103 >4 104 •!•'•
Cash
104% 106%
14
1053/8 105'A
105'A
J-J
F-A
J-J
1968
3434
104% 105
105'4
M-N
1956
1979
5s—
•No par
r
..2022
-
Power
Edison
Toledo
Service
A
series
6s
98'A
36
97%
J-J
-1946
deposit
stamped
Texas Powei
Tide
of
Industries—
(Hugo>
2nd
Texas
97%
55'A
F-A
A-O
1
65
(Hugo) Corp—
Stinnes
7-4s
1957
1950
6s
M-N
$61
"
;
6%s stamped. 1958
(Peru)
'-7s_
ARussian
Standard
61%
High
99%
A-O
F-A
s
..1957
Low
51%
No.
AMortgage Bank of Chile 6s-*
.1931
Mortgage Bank of Denmark 5s_...1972
99%
98
1955
—.1953
stamped....
Mortgage Bank of Bogota—
A7s (issue of May 1927)-.
-
98'A <98 3.4
61%
'
J-D
5%s
108%
95'A
J-J
1948
Extended •' 5s__
72%
,-
High
of)
Danzig Port & Waterways—
AExternal 6%s stamped
106'A
37
8514
,
Range Since
January i
Sold
.
$103 'A 104
F-A
-
1-951
debentures——
105
84
A-O
:
1948
..
}
109
7
May 1948
*
6s
M-N
,
,
106%
106%
107
6
r
104.
25 ■*
105
Bonds
'
1947
Bank
ACauca Valley 7s__—....
$106'.4 IO734
;
Af-S
.
stamped——i—May
6s
Debenture
,
:
A20-year '7s__.„i
Bogota (see Mortgage
104
2
104V4
4103
•85
F-A „./.
——1989
Electric—
105%
■
A-O
....
'
F-A
2022
Agricultural Mortgage Bank (Col)—•
A 20-year
7s
April 1946
,
Friday's
or
Sale Price Bid & Asked
Low
104%
108% 108'A
-
J-J
1971
-1951
8s——
.-
—
Week's Range
Last
Period
93 %
105%
103%
105% 105%
105%
86%
103%
108
104
104
;
Friday
Interest
Exchange
83%
-'5
i
'
.
Southwestern Gas &:Elec 3'As.*—JL9'i0
Southwestern
4105
J
73%"
■
104%
$104
A-0
-1947
Edison
Southern
,
Curb
'•
92
92%
.10434 IO434
9234
.
York
128
10
862'
New
113
126%
127'A
BONDS
104%
105
23.'.
..197'A
.483
.
A-0
A-0
;
Shawlnigan Water & Pwr 4rAs—1967
1st 4'As series D
.1970
Sheridan
.106
% 126
98%
8
10334 104'A
106
Jf-S
-1952
8an
10334
J-D
1952
A—
series
Safe. Harbor Water 4%s—
Joaquin Lt & Pwr 6s 3
ASchulte Real Estate 6s_—
152
"
Queens Borough GaS & Electric—
5'As
137%
,-"-15
146'A 150
M-N
certificates
perpetual
6%
;
,
■
:
■.
,
Abbreviations used above—"cod," certificates of deposit; "cons," consolidated; "cum," cumulativep"conv;" convertible-, "M," mortgage; "n-v," non-voting stock; "y t c," voting trust certificate*!
"w 1," when* Issued; ?'w w," with warrants; "x w," without warrants.
OTHER STOCK EXCHANGES
RANGE FOR WEEK
ENDING
NOVEMBER 24
Week's
Friday
Baltimore Stock
Par
Preferred
Consul Gas
v
•
E L & Power common.*—'*
15%
2.70
100
4%'% preferred B
•
Low
15%
t c—
2.00
18
Calumet
Range since January 1
Shares
Low.
High
14 !4
762
1534
-
~
7
1,725
-
68 %
116% 116%
*
5
2.70 Nov
20
157
154
157
10
136
117% Aug
July
46
46
46
155
43
Jan
&
Fidelity
Mt
Deposit
Co—
Vernon-Woodbury Mills pfd
—'
157
Nov
47
Oct
"
31
,
75
—
89
89
46%
27
27
Jan
Nov
90
Jan
43
46%
27
81
31
Feb
1
-
27
50
31
46'A
100
Mar
69
Jan
Fidelity & Guar Fire Corp.—2—10
Houston Oil' of Texas 6% pfd vtc—25
Nov
18
Apr
115
Jan
18
July
'
'
National
Bank—*—
Marine
Amsterdam
New
North
America
Penna
8
...2
Casualty..2,..
Water &
U
——30
Oil Co.—1—
Power
c
Fidelity 81 GUar
100
50c
—*..50
37%
56-
363/4
__
50c
56
._25c
common...
37%-
•
•
-
2.
-
.
.
.
24
Apr
125
45c
Feb
55
Sep
35
Jun
10-
47 %
700
*
27
i
Oct
Nov
55c
July
66%
Jun
41
Jan
East
&
Co 4s.*.—***1973
GO
58%
60
series
70
68%
70
51
8,500
Jan
59%
S37j000
A—22*—**..—*.1975
Baltimore Transit
Jan
64% July
70 % Oct
Hecla
fia&iern
4%
6%
Co
Gas
&
Fuel
1st
6%
preferred
Eastern
69
42
6
High,
"May
12%
1
Oct
■
7% "Feb
17% Mar
...
8
8
100
l'A
l'/a
400
90c
200
56% Jau
81
32%
48
5% Jan
8%
Oct
1%
Jan
80
79%
80
463A
46%
463/4
25
4'A
4%
210
4
Nov
107% 108%
80
92
Jan
10
54
Ry common.—100
_
_._100
.
—100
Inc
——1
Engineers Public 'Service—.
13%
^
-
•
National Stores
76%
76%
13%
13%
31
76%
%
common...
Employers Group Assoc.—
First
.
6%
13%
....100
-
B
Bines
■
1%
Low
6%
—100
.
pfd. series A
SS
.
Range since January 1
High
Jun
Associates—
Street
6%
10
....
-
..
_.
.
Mass
—
.
_
% prior preferred—
preferred
Eastern
*
-*
Co
Shares
12%
6'3'8
13%
Range
Boston
Sales
for Week
Range
of Prices
Low
Service
31%
14%
14%
43%
44'A
39%
38%
10%
12%, 12%
Oct
108%
Nov
Jan
84
Oct
0%
Jan
13%
Nov
500
.
39%
10%
!2%
Oct
6% Mar
20
•.
14%
43%
••.
Jan
28%
Jun
32%
Jan
255
8% Jan
207
,
35%
Jan
.
15% Aug
Oct
44%
•
General Electric
*
:
—
Gilchrist "Co
Gillette
.
■*
_•
Safety "Razor: Co——
.
20
195;
Maine
5%
•
Copper
Central RR
:.._*_—
34%
2 7 3/4
•26%
*—100
common—
preferred
35 3A
-
...
...100
»
Mergent.hater Linotype
4%
65
64
4%
.7%
;
!
760-
27%
560
65
80
'
.
*■'
'Nov
16
Mar
13%
Jun
Jun
10
-
-,
36
Nov
•
,
630'i; v 29 ®u
35%
40
Jan
Jan
33% May
1,182
.
i-.-ih't'ia
Kennecott
Bonds-
5s
Cities
Copper
High
.
Apr
64%
16
68%
.
-
Apr
1.00 May
2,805
2.70
18
15
100
——
for Week
of Prices
Sale Price
Arundel Corporation
Bait Transit Co common vtc
Sales
Range
Last,
STOCKS
.
Last
Sale Price
Par
Week's
Frjday
STOCKS—
Exchange
3%
Jan
Feb
6
36% Mar
*23% Jan
47% Jan
65
4
}
Nov
"
Narragansett Racing Assn Inc.:—
,
Boston Slock
Friday
Last
Sale Price
stocks—
Par
,
American Sugar Refining
American Tel k Tel
American Woolen
Anaconda
Copper
:
—*>100
8
>50
——...
Week's
Range
Of Prices
&
Boston
Boston
Boston
Son
&
Inc
*
_i__*
...
Albany RR
Edison
!—100
112%
>*i_23
...*—
363A
Elevated Ry—
100
Boston Herald Traveler
Corp
Boston & Maine RR—
7 % prior preferred
6%
"
Range siDce Januaty 1
stamped—
class C 1st pfd
stamped
10% class D 1st yifd
stamped.
Boston Personal
RR
Butte
Old
Mitrine..
RR
Mills
1,49% Oct
164%} Oct
Pennsylvania
Apr
24%
'...-iJ
Feb
11%
Jan
1734
50
113
141
37
1,229
69'%
293
65'/4
28
-
July
—
.
32c
109
31c
110
100
5c
11
May
Sep
17% July
15c
.
Jau
34%
30
370
112
35c
2434
30c
41% Aug
Jan
114%
:
Nov
46c
Jan
98
1,425
30
110
Feb
103% Apr
Mar
110
Nov
13c
13c
10c
Jan
45c
Feb
38%
38%
40%
236
25%
Jan
40%
Jun
—.50
29%
2934
30'A
873
25%
Jan
31%
Nov
—.25
1 %
13*8
%
250
86c
Feb
2%
Jun
1
Jan
1'%
Nov
—100
——.
*
18%
Oct
116
5
37
Nov
Sep
74% Mar
RR
1%
-Li—
—
*—
loo;:.
1%
75
1%
**auc.. *—.1011
Folding -Machine
Rutland RR 7%. pfd
1
1%
300
% Mar
1% July
Oct
Jan
*...1.—_*..
—
Quincy Mining Co——
Recce
96%$ Jan
32%
fi,".
Jan
1.1% Feb
'
■34
112
Ut";9;¥KMar
Feb
19
Jan
25 %
41
44%
1,998
26
Jan
44'/2 Nov
Nov
3%
3%
3%
20
1%
Jan
41/2
7%
6'A
7%
510
4
Jan
8 % Mar
7!A:
7%
225
5
Jan
8%
Feb
7
7
390
5
Jan
8 %
Feb
7%
8%
83
5
Jan
13%
13%
13%
320 :
12
Apr
31%
31
31%
27-
-28 % •• Jan
Feb
Shawmut
Stone
k
Torrington
United
14
Co
Drug
:
6%
U S
Shoe
preferred
Waldorf
42%
Warren
14 %
234
10%
11%
318
37%
38'A
220
14%
5
13%
_
11'A
Oct
May
33'A
Nov
12 %
15
July
Jan
17% July
90 % Oct
Jan
78
July
35
42
Jun
45
July
50
40% Feb
53%
208
10%
Jan
12% July
50
20%
Jan
171
91%
Feb
424
375
25
*
Apr
75%
85%
rjrj
44'A
45
—10
—
Jan
7%
32
65
84%
753/4
47%
47 3A
12
12%
37
37
25
common.
12%
69 %
14%
85%
76%
*
,
...
Machinery
Rubber
% July
14 7A Sep
—
Inc
United Fruit Co
United
—.•
Inc.—
11%
38'A
Assn
Webster
,
Feb
Jun
9
Feb
System Inc
"(S
D)
WeatinghowM"
For footnotes-see
..page 2327.
*—I _.2.50
:
(N H)
Colony RR
Jan
44%
.......100
England Gas & Elec Assn—
5'A% -preferred
—100
England Tel & Tel
73A
29
100
Prop Trust..
1
.—_——
New
155%
10
188
.100
4,100
35
25'A
100
15c..
Cos
Service
High
24%
.100
14C
National
1,879
.
<
997
69
155
15c
t
340
15%
Pacific
27%
36%
^
Low
26%
112
10%
15
Northern
Shares
46%
8
10%
15%
North
High
163% 164 %
27%
10 3/4
—5
——
New
100
7 Cc
Providence
't.
.100
preferred ..stamped.
class A 1st pfd stamped
8%^class B 1st pfd
&
.,7ii-V.,v
24%
5$e
Boston
69
.<;''*t
'/ R(<l
■
Bird
..
for Week
17%
27%
..
.
Sales
146%
164
..
Exchange
Low
—100
.....
'
*-1
Nash-Kelvinator
'•
—*—
37
Co
Electric Ar Mfg
-
80
103 !A
103% 104%
37
107%
Nov
Jun
OTHER STOCK
Monday, November 27^ 1944
CHRONICLE
& FINANCIAL
THE COMMERCIAL
2322 '
EXCHANGES
ENDING "NOVEMBER U
RANGE FOR WEEK
Chicago Stock Exchange
Week's
Last
Co
Steel
Acme
Laboratories
Allied
Mfg Co
Asbestos
common———.
Co
Mfg Co
Radio
iBelden
Bliss
Fence
200
16%
150
Jan
5
100
16%
Jan
20%
22 Vz
23
200
18%
Jan
24
400
14%
Feb
24
Nov
6
32
.
31%
■;
100
Jan
III
Central
Secur
Common -
—1
—*
50o
*
*
——.—.——
Convertible preferred
Central S W Uoil common
preferred.
lien
Prior
Preferred
——
—
12% July
ZZ~5
common.——
•
,
*
'
.
34 74
74%
12
Oct
177-4
Jun
.20
1274 Jan
19%
250
1674
100
774
56,450
'7%
V
2374
Sep
29% Nov
American
Anaconda
6174
50
55
Jan
63% Aug
8874
89%
4uP
1374
12%
14
2 8*/a.
285/k
29
Co common
Fox
29 % Nov
4,300
27%
150
Feb
28%
29
100
25%
Jan
29
Nov
26%
400
19
Feb
27%
150
93%
Jan
104%
Oct
100
22% May
27% July
750
20%
26%
103% 104
26%
25
26%
26
25%
26
.3%
4
39%
A——1
550
36%
Apr
14%
200
10%
Jan
4%
2,000
12%
12%
12%
40%
40%
11%
11%
27%
27..%
27%
7%
1,200
8%
8%
Oct
Jan
350
23
41%
;
Jan
8
Jan
617k
61
51% Feb
66
46%
47
300
38%
Feb
19%
1,050200
19
Nov
15%
Apr
20% Aug
10
10
250
8%
Apr
11% Aug
14
14
200
9%
Jan
14
1
Hibb
>
Nov
Oct
50
Jan
19
Co
16%
7
Printing
Co
Field
Marshal)
1,400
1574
Jan
21% July..
26%
28%
1,550
23%
Feb
47%
47%
100
37% Jan
51% July i
15
18
Mar
12
July*
5
•
...
Paramount Pictures Inc—
Pure
Corp ol America common—
Radio
4%
U
S
Rubber Co
stocks—
Jun
7% Nov
Jan
Common
29% Nov
%
J an
53%
101%
Jan
Nov
Cincinnati Ball Crank———
N
T
&
O
Modine
Mfg
Corp
Crosley
18 1
1%
Jan
Feb
7 %
32
20
b%
38
Jan
Kroger
6
100
4%
Jun
100
15%
Jan
25
200
31
50
50
130
13
200
18
2
8
8
18%
13
1274
1,300
27
22%
Cni
com"1-"
Nov
'31
Aug
Jan
52
Nov
Jan
Oct
183/4
8
5% Mar
77%
78
26%
2774
1874 May
30
1074
350
53/4 Mar
2.50
350
5% Mar
17
■2'34
•600
.
'32
1% Jan
400
374
1174'
7% ■Jan
'"50
\
28
Feb
—5
387k
387k
39
20
1874
18%
19
...
common-
14
14
Gamble———_
IZIoo
pfd
12574
3%
-10
250
7•
200
200
14
Jan
33
■
47
10%
15
•July
Sep
20% "Mar
Oct
100
19
Feb
28%
Sep
22
250
16%
Jan
22%
(The)
common
Peabody Coal Co Class B com-
Rolling
Mill
Gai.
page
2327.
.
3
Aug
5 74
15
Jan
20%
20.
45
137
3"
37%
3774
326
109
27%
10
107
Apr
125
23
Jan
109
8%
8%
374
5674
8%
3%
57%
100
414
516
4
4
160
46
46
46
29
12%
12%
43
43
10
1474
56
Brands
Standard
Roller
Timken
14
.23
*
20%
3%
4
—
61%
61%
28%
10
28%
4974
Bearing—
6
20%
of Prices
Mfg——
Basic Refractories
_——
—
Cleveland Cliffs Iron
preferred
Mfg —
Electric Controller
6%'
a5 %
1
-—1
:—*
,.-5
Cliffs Corp common—.——
Eaton
;
—50
—
Controller
Clark
-1874
•
16%
•
'78%
16
a48%
—
-
*
———
Nov
43
Nov
50
lii<»
J-n
127
Duly
Halle
Bros
commom
250
9
May
1174 July
Halle
Bros
preferred
•
50
100
24
3%
■Jan
Jan
374
40%
Mar'
9
Jan
'
O :t
2 '•
3% Nov/
5<-
" nr
'
J
y
Jan
4
Mar
Jan
47%
Niv
Nov-
43
Apr
>
Oct
14
874 Jan
35
NOV
109
17% July *
Jan
12
3%
Jun
263
■
it
''4'
;vi<*r
'54%
Goodyear Tire &
Grif Bros
35%
Nov
4% May
Cooperage
(M A)
Inteflake
Jones
&
Rubber.!
05
cum
Stp^nr-hip
Laufehlin——:
class A
—
pfd—a
1'—_—*
July p
51%
Jan
66
28%
Feb
33% July ;
25
4374
Apr
52% July
8alet
for Week
Range since January 11
*
—5
100
*
..."
—
163/i
56
16%
51
106
100
«%
a'5 %
18%
7874
16% '
a49'%,
25
18
<63v
Oct
Jan
"22% -Jan
--Jan
W)% Jifiy
Apr
19
July
Jan
150
Jun
•50
Apr
*57
Jan
2
'3-6% Feb
50
Jun
25
^43% Mar
56
Nov
18 "
Nov
100
90
3174
6%
•4=1
16%
24
0% Uuly
75
51%
3174
Jun
35
557
52
106
24
4
«12
56
24
-5% Feb
420
55
31%
(fifth
Lmr
High
a46 74 a46%
56
.
20
Shares
-
1374
1274 Feb
•47
102%
-
24% July
Jam
15
'
Low
Par
130
374
a
■
37% NOV
1% July
450
4
61%
28%
497k
Rnnre
Sale Price
•STOCKS—
Jan
3574
57k
52
Nov
J »lV
A
r
3174 Jan
■
Week's
Friday
J-m
374
M
Nov
Cleveland Stock Exchange
22
35%
Jun
16
12%
——.
95
...5
2% Aug
40
55
43
-—.————
Motors
General
50
10
,
July
14
Sep
15
Ice & Fuel——_——
300
10%
Nov
8% Nov
Nov
Unitsted—
American
City
43
125
July
2974
Apr
2
29
.50
12574 130
10%
Jail
1074
Nov
125
—
Apr
5%
Mar;.
9
80
.
5%
Nov
14% 'Oct
38
33% Jan
17% Mar
Apr
17%
Nov
127
Jan
Jan
Jan
5
.50
Preferred
Uun
21%
38%
—100
—100
...
11% Feb
32%
7%
72
58
350
4
B—
class
1174 Nov
21%
21%
...
•
11874
10774 July
20%
3%
Sep
217k
*
common
common
1374''•*
36
650
100
13
35%
10
Jan
20
56%
Pumps
16% 'Sep
10%
11%
100%
3'% Mar.;
Feb
2
27
Nov
9%
9%
11%
t •
2%
40
13%
13
—-
'
10%
;
,;
Nov
Oct
10 74
i
8
8
8
Jun
7%
13% NOV
9% Feb
450
30
■»
^common
-see
78
27%
—*
—50
U S Printing common
1374 Nov
137k
9
3476
37%
&
Hanna
For footnotes
874
..50
;
Sep
8% May
'
25
565
84
175
80
108
108
9
14%
Feb
Jun
Mar
3,300
1374
28%
«■
Co
107%
6.7
Oct*:
Apr
Mar
874
2574
45
U S Playing Card
5% July
4% May
900
8
30
13
preferred
Pen
7%
3%
■100
-50
50
56
180
1320
58
33%
7%
3
3%
107% 107%
33
7%''
—5
—1,
Miami gtd.
Little
Sep
8% July
;5
32
Oklahoma Gas-& Elec 7Vo pfd.
Parker
•
;<
High
Low
14%
.14%
^
:
Range since January 1
High
5%
—___.__._L—
Hiltoti-Davis
Randall
Apr
25
for Week
Shares
3974
■
5
12%
Illinois Corp
Corp
'Z
--20
——
^
National
3%
2,850
Sales
Range
T.»«f
West Util *pr ilien
7#
Week's
of Prices
2
Magnavox
—100
Northwest Airlines Inc
Omnibus
53% July:;
'•
Art—
Oct
IIlOO
Noblitt-Sparks Tnd Inc cop—
Bancorp
20% July
Feb
10
Nov
8
5
National Standard (Capital (Stock—
Northwest
Apr
40%
—-r—-
——
Investment
42
200
7%
*
National Cylinder Gas common.
Northern
14
200
—*
—
——...——
Drug
Lunkenheimer
4974
common
American
100
47%
—-
——--
——
Cincinnati Telephone
Akron Brass
North
17
-10U
pfd
P
Oct
12%
Mimwapolis Hnewiiig Co common.
Nor
Electric preferred
Cincinnati Gas &
107
:
......
...
17
4674
Low
*.
—-
8 'A Mar
Jan
5% Nov
38
7%
58 Ve July.,
Sep
17
_
Brewing
Burger
18%
3,900
5%
-,
51
100
47%
*
Industries
Laundry Machine..—i.
American
Jan
t
21% July
3274 July tv
547k
Par
Gibson
4
Apr
Apt
.
i;
547a
54%
Sale Price
Hatfield
36
'8%
16'
600
Jun ?
29
Sep
-
Nov IV
22%
2874 Mar
Last
Oct
Inc—
Miller & Hart
10
18%
550
18
Friday
Oct
6
ZZZZi
prior lien
15%
9%
18
.—10
common
15%
500
-
Nov! i"
Cincinnati Stock Exchange
15%
4%
20
■7
38
•
lien—
15%
Republic Steel Corp common
—•
Standard Brands common.—
—*
Standard Oil of N J——
25
Studebaker C6rp common.—.—2—1
20
10%
50
1Q
7%
common
Util tifr
prior
1%
28%
1
-*
•
•
—
Incorporated
.—
Oil Co (The) common
Puliman
Oct
Nov
6% Aug
-
400
f.
19%
Corp,
United Ce—
Midland
7% Nov-
18%
13%
250
7
...
Convertible preferred A
Jun
_•
common..^.
Hew York Central RR capitals.
Jan
May
31
West Corp 'Capital—_—
Middle
Midland
474
18%
-
Corp
Nasb-Kelvinator
4%
150
:
37
,
Mickelberry's Food Prod com..
66% July j
17% July > r
Foundation
53
4%
Co common
Dredging
Jan
Jan
Columbia
McWilliams
5674
-Apr
Eagle-Picher
107
_LJLi
Mfg class A
Rad &
7134 July1
16%
Procter
Lynch Corp common—;
McCord
56% Jan
11 v3
19% July
16
July i'
50
...
300
25%
25
common.
28
2474
BOO
27%
•6734
1,150
Jan
150
7
36%
Lindsay Light ■& Chemical com.
12% Aug ;;
Jan
300
27
15%
Jan
53
7
-.1
Llbby common
$3% preferred
Aug
9
Mar
4
60
28%
28%
-preferred ,—*-*■
Feb
.
21%
10%
107
common...——-—5
*
'9
July.]
44
14%
1jVz
1,000
7%
6%
7
A—.*
Feb
'67%
Hobart class A———
pfd——50
...—.100
common..—.......—*
McNeill &
Lincoln
19%
common..:.
Cumulative
Libov
1
12
16%
28%
34
2034
350
A 25%
12
common......———1
common
*
100
0
./;
15 \
Iron
300
16%
25
Kentucky Util jr cum
6% preferred
&
May
6
1% Jan
150
8%
8%
16
t "
'100
.
11%
11%
11%
27%
(Glenn L) Co common—...—1
Martin
Dow
25%
Oct
8 % 'NOV
73% Nov;
Apr
20%
Inter! ake
18% Aug
16%
12%
Jan
4% Jan
62
10% July
Jan
Switchboard
'8%
^
3,9%
13%
Leath
50
Apr
100
LaSalle Ext Univ
8%
Jan
400
Clark
8%
7
3%
Kimberly
1,450
35
3%
common
300
11%
A
Oct
150
15%
Ken-Rad Tube & Lamp
14%
11%
15
850
0
16%
42% Jan
11% Apr
14
<
•48% July.'
100
42%
30% Nov
.
393/a
C
Brick Co
874 July'1
Apr
"X8%
Cincinnati Street
li/ '/a
26%
,8'/2
14% July
■
42%
*68% July i f
Apr
3% Jan
38%
40
capital———10
,100
Indep Pneum Tool v t c new.—,——*
Indianapolis Power & Light com...—
Interstate Power "$G pfd
*
Jarvis (W B) Go capital.
....——1
30
-100
62% Jan..
Apr
5074
2,050
39%
Sep
Illinois Central BR'common..
:
77
...350
7
-
•
Sep
•
57%
.
-
CO
12
A
.
6%
_l
Electric
General
34%
class
56
100
80%
80%
i
i
100
20
Co
3674 Aug
67k
20
Drug
17% Nov!"
Jun
617a
30
Kellogg
Jan
3374
67k
14
Katz
12
130
617k
46%
Illinois
300
65/s
36%
15%
(Geo ) common
*
17%
36%
61%
14
Co
Jan
'
50
46%
Hupp Motors common—
j
4974
-
Topeka & Santa Fe ®y com
100
Bethldhem Steel Corp common.-2._—1*
36%
Roudaille-Hershey
...
17
Atch
Spencer Bartlett common...—25
Inc common—...
.....
•Hormel &
47 3i
36%
Copper Mining—..
Aluminum
37
J
33% Jun•
-
<
31% Feb
Jan
36%
Radiator & St San com
21% July
100
Horders
!44% Sep
; •
22
^
Jun
20
cap——
100
*
;
Stocks—
Unlisted
July
49%
-61%
19%
Co G
28
-
17%
-
8% Mar
20
Brew
27% Jan
100
47%
,
7% Nov
19%
Heneman
750
30%
common—...-.*
Corp
July
30
Aug
46%
common
31%
30%
30
...
common..^
Jan
—10
Harnischieger Corp common-——.10
Co
30%
)
Feb
Oct
12%
3%
__
Hall Printing
18%
Sep
14'A Aug
Apr
10%
200
-6%
174
Jun
15
Sep
8
50
11%
.—
45%
,
.6% Mar
200
Dk & Dredge
Nov
4% Nov
150
40%
—.....100
Genriri,
Mutorf Corp common...——10
Goodyear Tire «fe Rubber common—
Great Laker Dr & Dk com
,—*
Preferred
40%
4%
%
Sep
13%
6%.May
50
13%
Oct
574 July
Apr
13%
common—_—.1
General Finance Corp
Jan
2
200
3%
3%
40 %
13% Sep
:
Jun
20
14%
_—
Nov
27
103%
^common
—:
9%
Jan
400
29
common.—lO
(Peter) Brewing common
17% Mar
1274 Nov
26%
27%
Household Uti] Corp ———5
& Connel
Jun
98
78-74 Jan
'7%
7%
7%
Co 'common...
Fitz Simons
common
Currm*»«Wrignt
Dodge Mfg Corp common..—
Morse
:
4
4%
200
38
3,300
.
14%
38
29%
1,750
17%-July ;i
73%
Nov
J61
:.
12% Jan
73%
4474
Sep
.'
Jan
31%
"Wrigley •( Wm Jr) Co capital..—
34
2874
34%
50
50
_•
Inc
Bankshares—
V Woodall Industries
500
Aug
374 Aug
15
*
1D0
Telegraph com
Stores
Wisconsin
550
39
Jan1)
20% Nov i) ■'
33%
—1
Co common..
3474
44
—10
Industries Inc class
53% Nov
Jun
3%
-3
u.*'
common...
Walgreen
53
.... ...
Fairbanks
3,600
Ian
7% Bet
474 May
43
Jan
2
Zenith Radio
Nov
600
Cunningham Drug Stores
'2%
Curtis Lighting Inc,common..—..._2 74
ElectrJc
16%
5074
common——25
(Alf) & Colm Inc
V
•;
July
61
1
Container Corp of -America com—.20
Continental Steel common
L
J'
Crane Co common—
_.__25
Cudahy Packing Co 7% pum pfd—100
Common
30
Domestic
16
.
25
Common
•4974
Consolidated Biscuit cc mmon.—.—
&
r
64% July
.a—* '
Cities Service Co common——
Deere
150
Carbide & Carbon capital—*
Steel
Wieboldt
Oct
Jan
50%
———
Edison
Jun
7%
S
34
29%
Towel Co com cap—
.—.5'
Chrysler Corp-common————
Decker
910
20
.15
'Utah Radio Products comxnon.
53
»
Western By—
Chicago
Commonwealth
■
53
*
———~
58%
'
—
V t c for common—~—
Preferred
80
?
Feb.;
12V2 Aug;
-14%
*.
Western Union
Nov
90
167k
^
*7 7 k
1
—
Chicago Flexible -Shaft commonChicago & North
•
{§ A«g
129
73
19%
Chain Belt Co common————
Convertible preferred
■
Jan
111
10
10
72
9%
V
13% July
Jan
% Mar
300
:
129
129
9 %
*
Cherry Burrell Corp
UiiCttgu UOip cuminon
250
13
%
129
'9 %
,
'27%. Apr
31
19%
3%
2
©
iii Jun ■!.'
% -Jan
100
1
13
*
'Light :pfd
Central States Power &
%
24
Feb
15
(The) common
Trane Co
Union
Serv $6 -pfd..—:•
Corp—
Central Illinois Pub
130
102
100
July
6
29%
—
101
20
Aug:J.
Nov
l5Ve July.
33%
.25
;
6%
„
'
20
1
.208 South La Salle Street 'Corp com
103% Oct
9
250
f
99% -NOV m'
21
Feb
1074 <Jan
450
10%
caoital... -25
capital
Texas Corp
Nov
88% -Apr
21'%
-Apr: <.
'J
Nov
32
Jan
22
650
12%
11%
-10
6%
3% Feb
200
32
6
.-5
capital
:13
50
20
31
International capital.
Co
18% Nov
Feb
43
3% Jan
450-
common.^.. ..5
ife
Jan
85
10%
-20
pfd—
Swift
11
20%
21%
-.5
cap..—
Swift
50
150
750
:5%.
13% 1
-2
Corp
25%. July
'
■13%
Indiana
of
21% Jan
;
99%
5%
Sundstrand Machine Tool common.. -5
Jun
Feb
23%
15%"'
-.1 '■
Oil
50
20
'Common
Stewart-Warner
4% May
99
Stockyards napital—.
■
3% Jan
17%
17%
,
-Zl.
Carp_.__-.__:
Dredge
Standard
8% Aug
Jan
•
Standard
38% Feb
24
-24
common.,...'.
Works
70
500
•4%'
'■
i
Aug
5% Aug'
4%
41%
-.15
L__
i
•
36
Jan
41%
..10
j—..
2 %
800
5
4^1
4%
;
Oorp iciass B common—...
St Louis Nat
Oct
19%
Mfg, Co—.
•Spiegel Inc common
Sep
11%
common.—...
common.,
Bend Lathe
South
■
Jan
8
(The)
'
'
13% Nov
46%
;
Co
Packing
Sinclair Oil
Oct
18
_#
Signode Steel Strap Co common..-.
27% July
23%
—1
31% Jan
Serriok
Jun
19%
74'
100
Sears, Roebuck & Co
Sep
5% Aug
Jan
33%
•50
7
7
35%
>
3% Aug
-
; 14
May
8% Jan
150
11%
35%
—1
Sangamo Electric Co common
■Bchwitzer Cummins •capital.^
8% Nov
Jan
20
3,150
4574
6874 'Get
6% preferred
Aug
2
1% Feb
3%
200
13%
11
22
...
Brothers—
Butler
300
26
3174 Nov
Jan
Raytheon
6% July
22%
4% Jan
1,000
5
Jan
56%
Jan
164
Jan
1
1,000
3'A
26
100
'
7% 'Mar
•600
16%
1
—
(E D mommon.
Bruce Co
Apr
12
13 74
—5
capital.—
& Wire .cl A pfd—
Common
4%
100
8%
500
67%
Rath
40% July
45%
.-10
Corp 'common^—
Brewing Corp
...1
Mfg 'Co tcapital—
5
& Laughlin Inc common——
Brown
20%
Apr
Jan
25%
—3
common.
Brach & Sons (E J)
v
Jun
4%
Berghoff
©inks
16%
33%
156%
3%
3'A
3
common—.—.
.*J*
Corp—
—
Belmont
Bendix Aviation
Jan
8
.—4:
'(Delaware)—-—«——
Bastian-Blessing
1%
Aug
4%
4,000
100
20% /
1%
20%
7%
8
■'*
'Oct
200
.
30
677k
Potter
Jun
65
Mar
100
6%
5%
1
X
Athey Truss Wheel capital-——,.
Automatic Washer common——
Aviation Corp
38
163% 163%
——
Equipment Corp -conrmon—.
Aro
17
~6?4
a
common
Co
<5fe
300
3674
American Tel & Tel
Armour
100
8
17
17
common,—
Mfg Co————
_100
Co capital-
Allis Chalmers
641
64 74
5
Castings——
Aluminum
Advanced
57
64%
53% Feb
8
1.25
common..——-
100
62
02
High
29%
capital—
RR
Perfect Oircle
High
Lou
High
Low
Far
Abbott Laboratories common—
Low
50
Peoples <Gas Lt & Coke capital(The) Co.—.
Range since January 1
Shares
Range Since January 1
High
Low
.100
Pennsylvania
for Week
of Prices
Bale Price
STOCKb-
Shares
of Prices
Par
Sales
Range
Friday
for Week
Range
Last
'
Sales
Week'8
Friday
Sale PrioiS
STOCKS—
Feb
51%
Oct
Jun
106 74
Aug
237
31
Feb
?4% July
100
20%
3»n
27'% July
THE COMMERCIAL & FINANCIAL CHRONICLE
4337
Number
Volume 160
2323
OTHER STOCK EXCHANGES
NOVEMBER 24
RANGE FOR WEEK ENDING
Fridair
'
STOCKS—
Kelley Island Liine, & Tr
Lamson
&
McKee
(A
Medusa
Nestle
14 >
—
G)
class
B
17
41%
42
Exeter Oil Co Ltd class A.
■
■
Oct
Farnsworth
Feb
Fitzsimmons
Inc.
140
12%
Jan
22
'
135
'13% ;Jan
18
Oct
;
239
32%
Jan
42%
Oct
40%
Jan
48%
Oct
21%
Nov
.100
White
..50
Motor
a 48%-
40
46 %
9
20
32% ;Jan
.
'
.
——z——.—z.*
105
10
105
155
1
30c
32c
High
j
30c
4,000
70
!
5574 July
1174 Aug
150
1374 Mar
Mar
Oct
40c
Oct
14%
.
Television
& Radio——1
12%
Stores class" A..^_i.„—_l-
6%.
,
123-
;
6 7i
405,
974
Jan
!
120
77
674
Oct
Jan
;
5271
Jan
7% May
Motors
Hancock
Oil Co
20
84
.
Jade
Motor
Oil.
Feb
p3%. ;Apr
,
common....._10
A
a6l%
Car
Co
a61%.
ra62
154
11%.
11%
110
a49% a49%'
—
.10c
ai3c
13c
774
;
13c
6574
!
Jan
47
874
Apr '
Feb
4c
Jan
125:
1.000
,
Jun
11% Aug"
Jan
38%
.
'75 '
'a 13%.a 13%
....
'
,180
a47
a46%
>.
common—;,
Co—
105% July
"Jan
Corp
4974
.
53
16
'
Jun
.
May
74 July
24c
Jun
Oct
15
8% Jan
100
ioo,
37%
37%
1
125
a2474 a25.
-ICQ
Youngstown S & T pfd—
15% Jan
110
14!
14%
Low
".
77
13 % 7 13 V4
,
Range Sihce January 1
High
a64% a65%
General paln.t Corp common...——,;v
Goodyear ;Tire & Rubber Co com—.** V
Hudson
Weinberger Drug Stores.—
Western Res Inv Corp pfd
Shares
Nov
49%
-
20
-
irori Works——.——
Sales
for Week
of Prices
Nov
25%
6% .Jan
46%
&48
.25
phiozZZ%~.-~Z~
Thompson- Products
Dorn
Oct
9
15% Mar
«
Low
Douglas Aircraft Co, Inc.—*
Electrical Products Corp.—
4
General
Standard Oil of
1
21 Va
Oct
Nov
45
Feb
36
200
.
14 V2
.
Sale Price
Par
7%
Mar
".'.5% Jun
.
50
67a,
17
Patterson-Sargent
I.!—*.,—_
Richman Bros Z—————
Van
24%
74
217%
Packer,Corp,
.
352
142
24
—
11
510
'
45
6
class; A—
8
7%
45
—
Portland Cement—
.'
LeMur
14!
7%
Sessions—
STOCKS
Range Since January 1
Low
High •
Shares
High
Low
Week's
Range
Last
for Week
Range
of Prices
Par
Friday
Sales
Week's
Last,
Sale Price
Lane-Wells
,29% July
July
Lockheed
7 .42%
Company
Lincoln Petroleum
13 7 8,
13%
,100
44c
27,400
193/a ,21%
—10c
Company.—
Aircraft
Mennsco
1
..z—
Corp
44c
1
_
Mfg Co;*z-——■ .z—...
19%
Jan |
10
1.35
30c
14% Aug.
Jan
'
60c
15%
Jun
1.40
825
90c
3,000'
6c
Nov
Sep,,
6c
Oct
23%
348
1.35
fie
X
"
'
1,75
Oct
•
(Enlisted—
Nordon
■
Addressogra ph-Mult igraph com.
Firestone Tire
—
Z ■!'
10
Rubber com—
&
•
.
20
24%
Oct
Oceanic
38% Feb
53%
Nov
Pacific
40
Nov*
Feb
35
247
a38%, a397a
■:]
—
19% ;Jan
20
a2334 a2374
,.a52% a52%"
.
General Electric common
Iron
9
common——
1('
IZ"
,
a
New York central RR com
Republic Steel
U, S
Steel
common
10% July
21% July
-Apr
21% July
50% Apr
63% July
16
3
57%
a55%
£L.
6% Jan
15% 'Jan
17%
17%
—
common
10
70
a874. a874
18% al87a,
83
Oil
7—
Ltd..
.—1
...
Cor-—z... ....1.
Gas
Elec
&
30c
1st preferred
34%
37%
100
1st preferred
25
...10
Indemnity Co
Lighting Corp common.;
*
Republic Petroleum Cq common—_.l
34
Richfield
Oil
■
Corp
..—
Sierra Trading Corp.—7
Sinclair
&.CbIIzvi:;^
Solar
Detroit Stock Exchange
,
11%'
Ford Building'
.
Sontag
Stores
Co
;
74
4074
41
3c
302
5%
57 s
6
Oil
of
California.—
674
22 34
Apr
a40
5
37%
Apr
32%
32%
706
3074
Apr
i
3274 Nov
32
32%
370
2974
Jan
!
3 2 74
33%
32%
34%
2,417
2474
Jan'-;
3474
36
36
1,017
34%
Sep
39
9%
9%
9! a
2,904
874
Jan
1074
Jun
1874
Apr
;
2574
Nov
1774
Sep
12
Jan
l
15 74
Npv
26
Nov
12%
Nov
32%
■
-2
4
a24% a24%
-5.
.25
19 %
19
19%
15
15 %
McLaren
Range
—*"
25
26
1.1
1274
1274
.10
674
Showcase & Fix
9./J.
Burroughs
Adding
1st pfd—.
Continental
Crowley
Motors
Milner
Detroit
High
6%
Jan
9%
300
IVa
Jun
274 July
160
12 74
Jan
8
9
1%
1%
~5%|
5%
14
..
Motor
Truck" common.—4
Frankenmuth Brewing z7%..,—z—.1
,7.
General
General Motors .common
Brewing common;—
Graham-Paige common.-
Mng
Co..
TO
6%
—1".
Hudson
Motor
Car
Unlisted
Sani Corp—-
American Tel & Tel Co—...
...
.100
a
Coi"p———.
Viscose
American
-14
Kinsel Drug
LaSalle
Masco
'
Common—.z.—-zzzM ■:
Wines
Screw
2
common
Products
McClanahan Oil
174
Abra
l
—
14
Nov
Aviation
—
Corporation
2774
2%
Jail
4 Va
Oct
Oil
a2474
5
Co.
Park Chemical
Co
Car
Parke,
Peninsular
Mtl
-•
common——'——.*
270
1% Feb
7
-Aug
185
16%
NOV
8 7
2% Mar !
57c
2.625
250
4%
Jan
200
1%
Jan
2,100
500
24c
•'
1%
Oct
Oct
1%
Jan
3% Aug
9
Ja n
14% Aug
4% July
2% Mar
100
3%
Feb
253
26%
Apr
900
1%
"
Vultee
>
62%
345
160
Apr
13% May
a34 a34 %
112
30
50
'a4774 a47%
a471/a
.155
■'
5774
Mar
"4574
River Raisin Paper common
Shelter
6% Aug ••
2% Aug
class
•■!•'-
Timken-Detroit
'
r
Axle
Jan
450
6%
900
Apr
3% Jan
400
2% Mar
3% July
800
1% May
2% July
ri%/
'
2%:. ! 2%
common.——.10
32%
3%
130
26%
Apr
3%
32%.
Tivoli Brewing common—.—1
100
2%
•7%
Jan
32%
Feb
1474
Feb
131
1174
Jan
I
a8%
a8 7 b
Jan
574
7
S
Radiator
Universal
pfd-C——
Cooler
class
347.
*—*
B._
Walker & Co class B—...I.
Wayne Screw
6%;'
...50
Light
.7.
4
—
5'%'
7
NOV:
37
July.
1%
6
200
9% V 9%
Prod common.——4
2% Jan
26%. Jan
650
5;,'. 7 5%
Nov
9% Nov;,
5% Oct
Feb
3% Jan
1.100
;7 5%
.5%
Jan
16
Apr
;
i
2074
Oct
-■474
Jun
f
774
NOV
a3%
«3%
130
374
Nov
5
July
39%
39%
359
35%
Feb
40
Nov
574
Feb
!.
!.
Int'l Nickel Co of Canada
Int'l Tel &
Kenr.ecott
Tel Corp..
—♦
,
..
5%
150
1%
j
774 Aug
a4174 a41%
140
2874
Jan. ;
JOT'S July
a2874 a2834
■
,
125
257a
Apr
;
31%
50
12
Jan
1
1974 Aug
;
35 74 Nov
a2874
*
—.
35
270
774
325
a72% a72 %
50
35
Copper Corp..——
._7
Libby. McNeill & Libby——,
'
.: 7%
.;
Inc
a52 74 a53 %
3074 Feb
-'
6%
York Central
.
:
18%
..1
^874
a9
.30
al7%
a 1774
152
16%
16%
Co.———Z;
♦
Friday /
Lastt
,7'
;
Par
Aircraft
/
Sale Price
STOCKS—:
Accessories Corp
■
,
Week's
Range
15%
574
5%
27
3774
Low
Shares
7
.1
Pennsylvania Railroad Co....Z,
Phelps, Dodge Corp
Pullman Incorporated .l.u—.
.50
Pictures,
a30 74
23%
4774
4774
•■*.•
a 1574
10
10
Low-
.High
•
;
.50c'
T"*
-1
.
774.
:
j
-
'High
-.:
,8'
2"Jdh
100
774
.
1
Berkey & Gay Furniture Co—
Blue. D1«itumri
Corporation
Bplsa.Chica-Oil Corp
Broadway. Dept Store Inc
Byron Jackson Co
1
Chrysler Corporation
com....
.
Corp—
Preferred
.Creameries
....
America..
For footnotes
see
1
"
4%
4%
;
2
.
274
200
a30% a31!4
a54 a5474
<a547;t
...
8
TlO
"
'
Company . *
Sulphur Co——<1—
—25.
/./
,
Tide
Water Assoc Oil Co—*
Carbide
&
.'
5374 Mar. !
Sep
1374
80
4574
a47%«48%
180
al574 al574
-
a
55
15 74
55% May,
20
July'
Apr
31%
Oct!
3374 May
1374
July,
3174 July
3474 Jun
.
27% Jan
a3574 a36%
—A
»
-10
28
2974 Apr
32
53'
,
67
Nov
Union
July,
Union Pacific Railroad
1774; 3.774
166
4%
:
J
Jun
25
30%" Jun*'
Feb.
49
74 July
37
July
T6% July
.
.
Jan !
84May,
19 Vi
2774
1074" 1074
,589
.
400 "
~9Va7jan
20%-iJan
7%'Jan.
Company—100
United Air Lilies Transport—..
5
United' Aircraft Corp—
—
5
United Corporation <Del) —_—,
*
United States Steel Corp
—
30
32
32
50
5774
441
1374
..
al74
5774
,
■
13%
July
10874 May
34
Aug
127
32
al74
,
—
82
50
55
a3274a3274
—
1
Nov
2
July
62 74 July
9% May
•
"*60"
-
2774-
Apr
% ;Feb
•3Te ;Sep
1960
18%.
Oct"
22 Va
.
100
4%
a88
..
•
18%
21
17{).
a26 a2674
15% Feb
20
-
..
.
i
a8074 a80!4
alll74 all4V4
Carbon Corp...—.*
3%
•'
'
a2874
Texas Gulf
2.00
.a87%"
J-
•
Oct
1.30 Jan
a2174 a2174
2774 :
-.1
—25,;
'tm-:
Swift & Company—.—x.
Oct
1474 July
2-7« Aug
% "Jan
--
"
100
a33
al774 al774
1.80 Jan
4%i
1874
a29
a33
—1
20
.
...5 *
•
a2874
9774 July
'
!
■,
„25
1,360
:
26%
Feb
2274 Jan
_1——-
2.75
2.55"
.
.17.%;
a
12
150
(N J )*-
al.60 «al.60
.
225"
.25
Feb
'
13
25%
•—_*
6%
July
21% July
Apr
8874 Mar
Mar/
18
12
-
,2.-75!
—*
16%
.
1
'
874 Apr
13
(Ind)—
177«
3% July.
12% Jah'
100
.
-.-100
17%" 17%
1
•'
—1.
"Z
•
,
24% July
50% July
■
'
Brands,. Inc—
Corp
Nov
j
Feb |
41
'M a y j
; 15 7a Feb ^
.
25%
.15
Railway. CO—
Oil Co
Texas
■
i
'Z-i
—1
*>
-.1."
I.
page 2327.
'"'1
—
-
'
*
:
of
Si"
—2
_.L
California Packing Corp com—
Cessna Aircraft Co..
Consolidated Steel
r'
3
27
Jun:
31
Jan
20 74
40
Studebaker
l.
Company—
Barker .Bros Corp common—„
al8
Standard Oil Co
-
■
,.
Bahdini .Petroleum
al7%
a99% 49974
6% Aug
28%
267s
170
Standard
Range since January 1
19% July
:
;
25% May '
.
80
>
Pure Oil Company..————.
19% Aug
i
Jan
:3%'
200
al5%
'
21% July
1174 Nov
,
Sep
350
23%
.25
Standard
.
Jun J
Jan
.16!4
525
247
.
Iixc_—...
Paramount
Sears, Roebuck As Co*—
Bocony-Vacuura Oil Co—
for Week
,
of Prices
i
Jan
.' " 7%
:
690
429% a3074
Packard Motor Car Co-
Southern
Sales
53%
•
Republic Steel Corp.—
Angeles Stock Exchange
Apr '
100
Oil
Ohio
Aug
Nov
42
13
North American Company—
65 74
»
"■!
200
RR——...
North American Aviation, Inez
Jun
8% July
Apr 5 :
65% Aug
195
,18%
Montgomery Ward & Co, Inc....
New
\
al574 al574
,'
Radio Corp of America
Los
8% .Oct
100
300
.
200
:
Feb
Jun
1774 Nov
,
674
a3%
Corp.—
Graliam-Paige Motors. Corp—
Great .Northern Ry Co pfd—
Nov
3% July
700
6%
35
5
18
|
674
674
:
U
1
10
16%
NOV
'
pdylite: common_„Zzz—;-Z.Zz.l.
Jun
a 15%
4% July
13%
3%", 3.%*. 7
7
'
9%
6%
com.—Z,—-1
■
3 %
13%
%i
13
_I
B
200
3%
Oct
52
a2074 a20%
r
General Electric Co
Loew's,
13% Nov
Pattern' common—1
Standard kTube
■
3%
10
;
■—
Mfg common.
Simplicity
7.
*
39%
|
16%
;
Scot ten-Dillon common
j,
Jan
474
115
Sep
33 J/4 July
3674 May',
■
4574
6674 July
19 74 Nov
>
al5%
;
—1
—
!
31% Aug
Feb
2374 Aug
1874 Mar
,
:
a37% a3774
—Z—Z.-III
Curtiss-Wright Corp
July
5% Aug
Sep
Jan
17%
474 / 474
Continental Motors Corp
Feb
15
34%
.
62
'
Solvents
Corp—_—
Aircraft Corp
-Ill
Zellerbacli Corp
25
17%
IZ-T"
•__
19%
226
i
.—5
j
Caterpillar Tractor Co'
—
Columbia Gas & Electric Corp
Crown
•
—*i5';
Borg-Warner Corp
Commercial
'
;
—
Borden. Co
Cons
*'
.
July
Feb
1%
65c. May
7;
1.120
,
■
1574
a45 a45%
1574
July
.674 July
70
3% May
11
a24 a24 74
;
1574
—5
Company
5
28
,
Nov
4
Jan
5%
2%■
2%'
-
.
36c
Jan
3%
'
Jan
■
5
Bethlehem Steel Corp.*—Z——**
Electric, Power &
3074
3%
Nov
1%
100
30%
July
1%
May
Sep
Nov
4
6
400
.5'%'
:;
Pr common—-——--I
Feb
8
150
200
.
-
8%
362
1%
.
2%
5:74!
_—*
65% July
May
2%
1%
.1
common...—
Davis common—-—,
Nov
4
12%; 13%
,
12%|
Jan
Feb
3%
3%
Bendix Aviation Corp........
Boeing Airplane
Jan
■'
"3%
24%
a6
Baldwin Locomotive, Works vtc— —13
Barnsdall
10% Aug
2%
•
751
400
Jan
1%
31c
27%
7
6% July
52%
6
.
30c
—50c
common
6
•
31c
Murray'Corp common—*z.z:.zz—.:z„10
Packard 'Motor
.
163% Auk
43% Feb
474
1% AUg
Jan
5%.
1%'
Michigan Die Casting common:*—u_Zl
Michigan Sugar common.—:
—*
Mid-West
!
%
1
common.:
common-
:
Feb
—3
Jan
116
13%
1274 Aug
Jan
4274
Apr
200
6% : 7%'
3%
3%*'
1%
1%'
Jan
156 74
15
Jan
3% 7
13%
9
433
a42
5.
5%
774 July
1.45 Aug
2774
164%
56
11% July
,
a42
■
65
7% Julv
.
Nov,
July
Stocks—
& Stan
Rad
Amei*
195
7%
HZ.
374
•
Jun
a6
3%
7%'
11%
al63 al64V4
1.10
69 %
4% Jan "
common..___z___■>
Hurd Lock in Mfg new common—:.—X
Nov
6% July
:5% May
a6
500
Kingston Products common—.„—z,_;Zl
300
697a
1.650
5%
1.25
1,20
50
6%
7. 3%
180
1.20
11%
,
100
.
60%
■.
..57
7%
60%
Apr
AT&SP Ry Co—
6
—1
1
3% 'Jan.,
Armour.& Co (111)—..z.—
6%
10
;
Qocbel
7 34
119
AnaConda Copper Mining Co.
774!
...1
common
200
Jun
6%'
Industries common——__3
Finance
Jan
.
21
I
Gar Wood
•
Oct
200
4%
:
18
,
Jun
650
8%
8%
■■'4
474!
Sep
♦
:
Gold
'
Federal
280
874
3%
380
;.,
pfd—.
7
'
10%
Jan
100
147
.
Jun
75c
100
■
15%
18%
1.751
20%
5%
1
Oct
20% Julv
Jan
474
100
.20741
—5
Oct
■
4374
3% Jan
7,
250
V
20%
14
26%
Oct
470
1%
9 !
20
Detroit Gray Iron common.
Detroit-Michigan Stove common
Detroit Steel Corp common—
Low
9%
8
?
v
Range since January 1
High
14
—*
common—
Edison
Shares
-
common^;!—*^.17—1-
common—
Mining Stocks—
1%
14
Cement
Portland
Cons Chollar G & S Mng Co ...:
9%
Machine.*
"
Alaska Juneau
for Week
of Prices
——.1-
common—.
,
304
Yosemite
Sales
Week's
Low
Brown,
7% May
1,757
.10
Western Air. Lines Inez..
Detroit Stoisk Exchange
Baldwin Rubber common—,1
Nov
1,020
Weber
Sale Price
Mai¬
July
67a
'
Union
STOCKS—*
5c
ls
Jan
3
.14
Universal Consolidated Oil Co.
Last
1
26%
/'/Telephone; Randolph 5530
Friday
i
a40
—25
preferred class C—Z——. —25'
Southern
Pacific Company.7—Z
Standard Oil Co of Calif
Corporation.—..
Transcontinental & West Air, Inc.
i
Jan
Jun,
42 74 Aug
14
6;/,-.
Transamerica
•
Jan
800
.
Nov
.51%
26
75%%
T
Jan
2c
10%
1,000
13%
,5%
'■
3674
6Q
3c
—257
preferred .class B—Z—Z.
11% July
174 Nov
•
4774 May
.
13^8
3c
'*
Ltd...:
Jan
Jan
12
Julv
7
Feb
3%
V
Oct
46
.
87b Mar
323
—_
^
%
5,275
41
Original preferred
New York Curb Associate/
'j'; 'I:-
Chain
528
9%
■8"''1
53a
Nov
49%
i
Sep
.5%
■
•
13%
II11
——.
574
1,300
a523,« a52%
:.u.—. ..25 c
Company
9%
,,
Southern Calif Edison Co Ltd—- 1125
Chicago Stock Exchange
-
•
Aircraft
4774 Jan
5%
Corp*—.
1;
Members
..
Oil
115
40 74. Jan
iS
Coj.-T..!..—_^._i
Safeway Stores Inc' —7—— 7_..-1
—30
Security Company
i-//,
3234 Mar
37% July
3474 Nov
235
4
common......
Jan
347a
310
6%
Jan
•48c
May
Jan'r
3574 Jan ■
49
6
7.^—
Aeronautical
34%,
48 %
14c
■
207«
a45% a457's
MH-Yii
-
Nov
25c
372
3734
Pacific
Warrants
New York Stock Exchange'/ Z, vz
300.
347s
.-•25
.———
Pacific
Ryan
WATLING, IiERCI IEN
30c,
common..... ...25
'
67;
,
.
'
Iriterlake
Corp,
.
—5
95%
Jun
Warner Bros Pictures Inc
19%
Nov-
Westinghouse Elec & Mfg Co..—*—.50
—
100
.11% Apr
.
.
14% July-
"
27% Nov
Willys-Overland Motors Inc..*.—
11% Nov
Woolworth Company (F W)
1
10
a10274 al027«
1474
a42%
.
10
147s
150
a42% a4274
80
14'7a
93
:
Feb
674 Feb
37
Jan
9974
Jun
19% July
4274 Aug
Monday, November 27, 1944
CHRONICLE
THE COMMERCIAL & FINANCIAL
2324
OTHER STOCK EXCHANGES
RANGE
FOR
WEEK
ENDING
NOVEMBER
24
Last
Philadelphia Slock Exchange
lor IVeek
Range
Last
for Week
Range
Low
14
18
18
.100
6
6
—5
1%
1%.
Pittsburgh Plate Glass.:——.
-25
Jun
18%
Oct
6
200
-10
Pittsburgh Oil & Gas—:
Radiator
High
Low
High
Pittsburgh'Coal Co common-—,
National
1
Range Since January
Shares
of Prices
Par
Sales
Week's
Friday
Sales
Week's
Friday
Sale Price
STOCKS—
Feb
6%
Feb
'
"
Low
Par
16%
14%
50
163% 164%
824
High
19% July
Jan
——
TeL
Low
High
16%
American Stores
American Tel &
Range since January 1
Shares
of Prices
Sale Price
BTOCKS-
16414
100
—-
24%
Budd
(E G<
Budd
Wheel
55%
Electric Storage
Aircraft
Jacobs
Lehigh Coal &
15%
24%
Nov
5
61%
11%
11
V
<1
V
66
July
3
Feb
4
Aug
8%
Jan
1,028
3%
230
1,678
Traffic
preference
Philco
Corp
-
726
...26
±—
■1,270
32%
%
.2.
Jan
Oct
341'«
38%
213%
1
1
1
34%
15%
,
53%
Jun
68%
Sep
1%
Aug
2
Jan
M May
■
9
1% Mar
245
12%'
11%
.
2,054
St. Louis Stock
38%
11%
Oct
12%
;■
Apr
Oct
Last
15 % July
20% Nov
American
Bank
5%
Inv
Shoe
Shares
r~ rzii
...
,
60
28%
Hussmann-Ligonier
Huttig S & D
Range since January 1
24%
High
International Shoe
6%
Sep
29% Julv
11% Julv
7%
Jan
10%
Nov
National
Bearing
685
3%
Jun
4%
Oct
National
Candy
Apr
i——10
—;—-10
10%
4%
Canadian
14%
180
22%
223
40%
40%
87
40 %
26
Nov
Jan
2
Aug
Wagner Electric common———
.15
35
35%
25
31
Jan
35%
Nov
1%
232
50c
FOR
LISTED
WEEK
ENDING
.A
12%
Exchange
24
Week's
for Week
Shares
Canada
Range since January 1
High
Low
3%
4,442
49%
52%
13,775
27
58
118 122%
375
7%c
8c
2,250
2%
7c
4% July
Apr
52%
Apr
6,000
200
355
84
Sep
99%
99
99%
170
96
Jan
70c
72c
5,980
7.25"
7.35
80c
83c
20c
20c
10%c
12C
80 c
3,142
15c
Canada
Class
Apr
Canada
Permanent
13%
Nov
Canada
Steamship
99
Jan
101 % July
76c
Feb
8.05
5.75 May
July
Breweries
JatV
1.18 AUg
2,500
17c
May
34%c July
4,000
,7c
Oct
18%C
58c
Apr
Mar
3,500
26c
Nov
8 %c
Jan
31 %c July
37c
Oct
713i:C Aug
83c
9DC
17,700
28c
1.04 May
Apr
3.20 Jan
4.40
July
1.500
10c
Oct
23c
2,000
10%
Sep
24
18%
10%
15%
3%
3V4
.
3%
Feb
24%c July
Feb
16% Mar
&
IZlM)
22
22%
655
37V2C
27c
40c
314,047
10
British
American
Class
British
Broulan
Buffalo
Ankerite
Gold
186
9%
Jan
12% Mar
37
38
376
31%
Jan
40
Aug
68
70
60
65
Oct
70
Sep
14%
15
520
14%
Sep'
15%
15
8%
10% ;
8%
3,600
43 %
43%
305
15%
15%
.
Aug
34
Oct
13%
7%.
Jan
145
Oct
Jan
5
40%
Jan
Nov
168
Sep
8% Mar
45
Mar
16%
Sep
10
8%
Jan
24%
25
30
22%
Jan
25
Nov
16%
17
17%
920
12
Jan
18
Julv
■
10%
10
10%
Apr
10% July
26%
26%
315
24%
Jan
28
42%
43
190
35
%
Jan
45
Jun
141% May
157
% Nov
July
1,465
'
8
157
157-
.157
155
19
18%-
19%
480
15
Jun.
Alcohol
10
44
Mar
61
49%
A__*
com
6%
6%-„
66%.
-—*
l
Mar
20
49%
100
6%
69%
v
Jan
2.89
July
2.45
Jan
Mines.
Chateau Gai Wines
21%
151
Central Porcupine Mines
2.22
170
Nov
165
Nov
Circle
11.00 Julv
5%
Jan
Jan
21
Jun
6% July
71
July
1.745
-11%
2.10
2.10
300
1.02
970
2.18
1750
2.25
2,500
,3%
1.42
10,190
3%
1.37
1.33
25
Am*
60C
85c
July
Feb
10%
144
AUg
Jan
133
14
July
Jun
1.50
Feb
90c
Jan
1.62
8%c Jan
3 % May
1.15
Sen
2.30
1.26
2.50
21c
4%
1.72
Sep
Aug
Jun
Mav
Jan
Feb
July
14%
Nov
Jun
13
3.30
Sep
July
14'/2
14%
2.95
2.93
3.05
10,250
12
12%
200
11%
46 c
45c
48C
32,313
15%c
Jan
51c
Nov
23c
23c
23c
4,100
20c
Aug
23c
Nov
.1
6%
61;2
6%
200
5
May
7
Sep
1'
......5
1.43
Mines
»
22%
Nov
Cocksluitt
Aug
67c
Jan
Coin
8%
Jun
10
Oct
Commcil
85
43 Va
Jan
50
Mar
Conduits
National
Mines
Plow
.*
—
Willans
10
9% May
10
10
Knitting
Cochenour
2,000
-
14 %c 14%c
Cheaterville Larder Lake Gold Mines—1
Apr
•
1.00
3%
——
33
Bur
73c144
11%;
.
1.02
1
;
Jan
8.50 July
22c
11%
1
...
69c
144
70 c
1
Gold
1.31 Sep
36c
«
—
—
Quartz Mines——_1
Patricia
Gold
Co
Mines
'rt4-
__l
•
—
!
Lake
•'
•
Ltd
14c
9,500
6%c Mar
37%C Aug
Coniagas
18c
2.508
17c
28%c
Coniaurum
14','4
14%
430
22
22%
1,082
8%
24
8%
8%
■
Oct
Apr
1
Jan
14%
Consolidated
Bakeries
Sep
24%
Jun
Consolidated
Mining
8%
Nov
Consumers Gas
Sep
23
23%
1,990
21
Mar
23%
Sep
Conwest
20%
1.020
19
Oct
24%
Jan
Corrugated
2
60
w*
67c
65c
68c
43,500
61C
Oct
1
76c
7fie
78c
14,782
70c
Mar
5.45
5.45
200
Ltd
Mines-
Co
8% Aug
2
-
....
11%>
19%
p.
—
20
19'%
23 W
Mines,
10%
38
*
Tretheway
14%
class A—
OIL
Gold
Cariboo
Castle
Central
17 %c
22%
5
Oil
Porcupine
Canadian
12 %c
•
—
—
78
10%
pref,ex:rQdrt.^-^%.w„.^100;
Pacific Ry__
—.1..25
13c
I
Power
B
Dominion
46 % : 46 7«
-Vr-
..-1
Di*tiller$.._
British Columbia
165
53
1.57
Jan
14
'
—
Ltd
1,110:
10
Mines
Mines.
Bralorne
141-:
22
Brazilian Traction Light & Pwr com„*
Brewers
163
Products .....r......*
Industrial
Jan
2%
'
B lit more
Gold
11% NOV
Jan
Oct
26%
Locomotive
10c
35
162
Bonetal
Canadian Food
Canadian
13%
75
800
161
preferred
8ob)o Mines Ltd
970
Nov
43 %
32
*
Canadian
38
40
14c
161
Ribbon
13%
9% July
117
Feb
420
Blue
13%
,20
Dredge
44%
33
•
450
p
May
loo
Nov
31%
1
250
33%
——
Preferred
31-4
32V2
5
52
33%
6Va Jan^
103
25
Sep
25
——*
Brothers Class A,—
—100
Bell Telephone of Canada
—
1
Belle terre Quebec Mines-u;—_—
—
51%
165
,
_»
common—
Malartic
29,184
...
15
Oils
81,750
—
116
common.—*
k Foundry
Canadhm
1.81
Sohs
common
Celanese
Canadian
1.80
Bidgood Kirklnnd Gold——
Hats Ltd',
Car
Oct'
,
10%c 10%c
116
——10
preferred
Nov
1.70
Bertram &
New
Canadian
30
1.51
10%C
Canadian
27%
1.76
Beatty
Aug
10
450
♦
Oct
1.62
—„
—
new
„_p
Oct
1
Exploration & Radium—
Beattie Gold Mines Ltd
Canners
Sep
1\
Bear
62
60
'
preferred
15%
15%
40
Sep
A.__"
common
1st preferred
Conv
26
14c
class A———'
Canadian
26
15%
40
50
Mining.—
Metals
£
Jun
9%
43 %i
35
29
26%- 27%
May
Class
Commerce
480
490
16 V*
28%
27%:
:
Preferred
Bathurst Power & Paper
Feb
13c
13c
Jun
Aug
33%
.t.
Preferred
Canadian
•
12 %c 12%C
Cable
Canadian
72,100
13c
109% May
57%
Apr
7
112
4% May.
9
50
Wire.'&
Bank
55c
1,188
A...„
Preferred
Canada
Canadian
2',70O
3.80
10
116
—100
Mortgage,.
..100,
Lines common
Jun
29,450
3.10
;90
9%c
*
13%
„,
—
July
29c
3.70
1.000
;
5%
111% 111%
Nov
51%
class
33c
52c
83c
5c
5%
5c
NOV
46c
2 ic
2.24 Mar
1.70 Jun
60
Malting
15c
17%C19%C
29c
17 %c
47 %c
750
9
,
Packers
B
High
Low
1.80
5c
;
50
Preferred
Canada
"
Gold
--100
—
Jan
8% Mar
58 %C
5c
—'1...
B
1.79 Mar
Jan
92
Base
Class
Range Since January 1
High
_
common...
.i-—
,
Shares
1.75
-1
Canada Cement common.—
Nov
14c
'
1.10
10c
A
May
125
Jan
Oct
19c
70c
Nov
Bread
-'-Class
for Week
Low
*
Calgary & Edmonton Corp Ltd
Camp Bird Mines
Sales
Sales
Range
of Prices
Sale Price
Par
Funds
Oct
27
MARKETS
NOVEMBER
STOCKS—
13%
common
Mar
Nov
89%
Bread
17
Nov
Mar
13%
13%
Barkers
44
18% July
12%
18 %c
:—10
21%
Jail
16% May
Feb
"
...10
new..—..—10
Jun
32
Jan
91
Scotia
15
287
9
High
..
Montreal new—.—.
55
42%
9%
13%
Nova
105
42
42%
50
18 %c
,
150
17%
21%
7%
17%;
common.
7%
17%,
21%
7%
10
Metals common
Nov
50
—*
of
Sep
7%
40
Algoma Steel common—.:—„—*
Aluminium Ltd common—_
•
Aluminum Co. of Canada 5% pfd._100
of
Jun
13%
4,600
Bank
5
12%
4,140
Bank of Toronto new..—_—
NOV
43
26
15c
Bank
Nov
22%
13%
'
Bagamac Mines ———4
.1
Bankfield Consol Mines.—
:___.1
14%
Jan
Jan
9'%
12%
1.52
—
Jan
7
35%
.10
1.50
Mines
10%
14%
i_5
'13c
Gold
11% Aug
6%
Stix, Baer & Fuller common..—:
15c
Aunor
Oct
Jan
350
Scruggs-V-B Inc common——.-i
Sterling Aluminum common—...,
50%
1
—1
36
Nov
3%
8c
Aumaque Gold Mines.—..—
Feb
Nov
Low
Mines—.
———.1
Armistice Gold ....—————4
Astoria Quebec Mines
——.1
Aubelle Mines Ltd
———
1
28
9
1.52
Arjon
2d
H
778
3%
Anglo Canadian Oil
—.
*.
Anglo Huronian Ltd ———*
Aquarius Porcupine Gold
1
Area Gold Mines Ltd.——
—_1
Nov
36
20% Aug
,.
.
Copper,
17
6% Jan
8%
1
Oil———1
Aldermac
Jan
Jan
of Prices
Sale Price
Par
Ajax Oil & Gas—
Alberta Pacific Consol
12
Jun
Range
Last
Acme
20
71b
Week's
Friday
preferred
preferred
Gas & Oil.———
AUg
Oct
100
16%
Toronto Stock
vy
13%
13%
10
Last
6b
27
Jan
16%
22
Friday
*
100
———L-_100
Feb
150
RANGE
1.
8% July
Jun
23
11%
340
CANADIAN
'
40
20
,l%-;
1%
Abitibi Power & Paper common
24%
11
8%
STOCKS—
5 %
NOV
%
19
Corp—,
Feb
23%
NOV
33
36
—:V
—
Nov
47
10%
_10
Mountain Fuel Supply,
15
360
.100
Key Co common-common
Aug
4%
Jan
13%
—
common—
50
Apr
2% Mar
40
7%
:.-5
Brick pfd..
ii
16%
—
common—
common.;
Hydraulic Pressed
V
McQuay-Norris
& Electric common—.*
—;
Brewing common...'
70
10
4
.
24%
common.,
195
10%
10
4%
7
1
common———.5
—1
Brewing
Brewing
w'V
15
33
33
—
10
100
46%
32
4%
47
1
High
.Low
48%
4%
47
Ml'g common.—
Range since January
Shares
High
48%
—3
common...
common—
Griesedieck-West
Low
10%
Clark (D L> Candy——~—
Low
..50
pfd
Equipt
Bldg
Falstaff
High
27%
Ludlum Steel—...
Blaw-Knox Co ' —.
Allegheny
of Prices
Par
Nov
for Week
Range
of Prices
Low
Par
Range
Sale Price
STOCKS—
Sales
for Week
Week's
Last
Sales
Week's
Sale Price
stocks—
.
693
Exchange
Friday
1% July
31%
284
19%
20%
Jan
1
675
37%
Friday
Fireproofing
Bell Teletype 8L
Aug
Pittsburgh Stock Exchange
National
CEntral 7600
1
Nov
Jim
337
1%
1%.
12
■
>-> 0
27%-aJn
% 11%
Columbia
—;—
Phone
'.
Mar
20
'
: *1%
♦
1%
1%
'
—
.,12-
-Jan
Electric Co—,
Coca-Cola Bottling common
Gas_—
Missouri
AMoclate Member Chicago Mercantile Exchange
Century
Oil
V
Chicago Board of Trade
Chtoago Stock Exch.
Feb
Burkart
Devonian
Oct
Members
-36% July
Jan
1871
St. Louts Stock Exchauge
Brown
Lone Star
Apr
New York Stock Exchange
Oct
120
28%- Oct
25%
-",.76
1%
'•
$3
Columbia Gas
29% Nov
Established
26%
Jan
Aug
16
-
178
.....
62%
.
1
United Corp common-—.
.160
14%
'
.
35%
21%
North 4th St., St, Louis 2,
300
22
18%.May
23%
116
.182
33%
14;%
•
a—
26
3,914
16%
16%
.—25
Apreferred —
United Gas Improvements—
4%
3,541
29%-
29%
Oil'
Tonopah Mining
30% May
100
'
31.
1
-
Westmoreland Inc
Nov
26%
50..
Motors
120
29%
New York Curb Exchauge Associate '
•
Sim
Nov
3%
20%
29%
.—50
Co common—
preferred —
2nd
38%
2% May
19%
3
—-—————
Reading
Reo
36% Nov
166
3%
117% 118%
—2d
35
Edward D. Jones & Co.
Oct
Nov
37%
20%
_100
27%
St. Louis Listed and Unlisted Securities
Nov
2,517
36%
common——_—
preferred —i.—-i—i—
Elec Pow 8% pfd———
4.40%
Phi la
7%
6 V'b
31%
30%
25%
■— —;
Philadelphia Electric Co common.
34%
27%
*
.
Jan
29%
-2%
Aug
11
Oct
Jan
5%, Apr
115
6%
-37%
-10
Pennsylvania Suit new com—.:—~
$1
12%
395
:
6%
30
Feb
47% July
Feb
3%
Pennsylvania PR—
-50
July
7% Nov
Jan
16%" Aug
13% May
11%
-
10c
Jan
3%
6%
v
50
Jun
Sep
51%
5%
6
2c
4,500
1,810
7%
9
6%
Feb
Sep
39% Apr
6%
—1
Penn
11
Apr
5c
5c
4%
Jun
121
Jan
95
100
7%
1
1% May
1% Jan
262
5%
9
——
Air Brake—:
"
&' Light—
Pennroad Corp
J—1
Steel Springs..
Westingbouse
Oct
62%
Mar,
•:
*
'
.•
National Power
94%
180
.
———
>
220
120%
120
5%
Vanadium Alloys Steel..—.——
Jan
40%
Mining
Toy
Standard
Jun
,2,610
62 %
16
11
Apr
78%
San
Shamrock Oil & Gas common..
12% July
Jan
7%
120
44%
60%
•
Apr
5%
200
44
3%
18
,
200
+
Pittsburgh Screw & Bolt Corp.
Oct
144
9
15%
1
Engine Co—J,—
Navigation
164%
140
55%
44
—10
Motors,
General
54%
Jan
266
90 %
8%
-1312
& LightL.
Battery—.
Power
Delaware
3
.
.
9%
88%
•
;
common
preferred ...
Prior
9%
88%
5
Chrysler Corp
Curtis Pub Co
10%
9%
*
Co—
24%'
10
Locomotive Works v tc_
IS
Mig Co common——•
Baldwin
.156
■
3.75
3.55
>Tov
3
.
Aur
1.40 May
93c
Jan
Jan
Cub
of
&
——
Paper Box
funding
preferred
300
1.15
Jun
1.75 Aug
4,105
1.33
Jun
2.20 Julv
15
15
10
50
50%
1,290
141
200
*
1.09
1.20
100
80
80
50
%
-
6,425
30
Oct
14%
38% Jan
Jan
128
16
July
55V4 July
143
Nov
90c
Oet
2.84 July
80
Nov
95
Aug
22
Nov
*
21
22
75
19
Aug
24
22
*
Aircraft
1.43
1.47
140
_.5
100
rights
Imperial Mills
1,43'
1.43
Canada.—*
Smelting
'Toronto)—
Exploration
Dividend
Cosmos
Ltd
24%
275
21
May
24%
Sep
Aug
70c
Aug
70c
70c
100
60c
6.20 July
'
Buffalo Canadian
Gold
500
5%c Sep
18
18
780
15%
Jan
3%c
Mines
3%c
1.000
3c
Sen
10% ' 10%
350
8%
Jun
6c
6c
9%
Jail
D:vi,ur
r.nvn
common
,
Jun
8
Nov
7
7
40
5
50%
50%.
34
42
Jan
50%
Nov
Oct
18c
July
Jan
.
•
Ftui'UInf?
PiTirlimf.c
T.fii
+
18
Bunker Hiil Extension Mines-—-,
Burlington Steel Co
For footnotes
see
—
base 2327.
21
•
5c■
21
July
'
Freferred
Jun
Dniies
July
Demue
Petroleum
M.n.cs
5'd '
13c
.......
...
\
14c
3,400
12c
90c
90c
500
70c
1.12 July
,
LISTED MARKETS
CANADIAN
NOVEMBER 21
RANGE FOR WEEK ENDING
Week's
Sales
'.-Range
of Prices
for Week
Friday
""Last
STOCKS—
■
Sale Price
-
Low
Par
-i.—•
Ltd-i
Dominion Bank new '
Dominion
Dairies
3c
3c
39%
25
•
39
40'/a
485
17%
18
8,9%
ID-
—
,
24%
19 ¥2
Oct
7
July
July
24
Sep
22%..
24 %
24%
390
American
Dominion Malting common————~
\' Preferred' -i——
100
14%
15
425
99
99
20
75
50c
Jan
2¥b
7
Apr
O ¥2 July
9 ¥2
Feb
Dominion Scottish Investors common—1
2%
2%
Dominion Steel class35
7%
8%.
■Dominion. .Stores^ —-«i———*
12%
13
11%
11%
5
5%
IDA
Dominion Tar' & Chemical common—
-
Duquesne
v
5%:
•
Dominion Woollens common-—4.
"
Foundation .Co
14
25
50c
52c
23,700
.29
6
Feb
36%
36%
37
8Va
8%
8%
4.55
4.65
Power
62c
65c
11,900
5.25
6.10
5,375
4.70
260
8 ¥4
153
93%
92
93%
6
6
<15%
16%
105
85
1—————*—i—ii-lOO
105
Giant Yellowkiiife Gold Mines——-1-
8.45
7.80
9.00
10c
9%C
10c
.14,500
3%C
4c
8,000
49,950
-
—
Gillies Lake-Porcupine
'
iGienora
Gold
-1
Ltd——.
Mines
'
God's Lake Mines
22c
Gold.
Ltd^~——
.i—-———l >
Eagle.. Mines————-—-—--l :
-Golden. 'Gate,:,
Goodfish
Great West Saddlery. Co Ltd
j
Gunnar Gold .Mines
.
.;
.
Hamilton
.
Bridge CO———
7%
25
7% July
9%c
3.000
.
50 r; a
17c
July
5 ¥4 c Mar
3%c
12,800
2%c Jan
6Vac Jun
5%
5%
150
4%- Oct
100
14 ¥2 May
Reno
9%cMar
16%
16%
6%
6! 2
187
93c
88c
94e
6,350
6c
7c
8,130
27c 29 %c
15,000
7c
40c
40c
59c
55c
Jan
6%
17
Prefewed.
St
Oct
64c
Sep
July
9
15
10 %
1,580
10
2,240
4,400
29%
2914
30%
1,460
1.20
10
2,342
15
July
% Jan
18 ¥4
Nov
13
May
2.80 Sep
26c
I
4.30
4.00
4.30
10,870
———_1
1.03
1.03
1.03
89C
July
Feb
7¥a
Jun
1,27
800
14%;
14%
14 ¥2
2.50
2.43
2.55
8,830
35c
38c
5,500
25c
Sep
1.06
1.12
9.264
75c
Jan
20c
24c
5¥4c
5V4C
1.12
\
20C,
13c
22
Jan
84% Aug
Simpsons
17%
Oct
19 ¥2 Sep
15¥4 July
13% July
','
■
.
7%
70c
70c
73c
23
23%
105
300
105 105 ¥2
9^# Jan
225
.
6%
13 ¥2
54 %c Feb
6,300
125
i.5
99
May
Jason'.Mines
..
105
105
10
31
31
31%
3,500
28
21
20%
21%
4,662
19% Apr
1
2c
2c
2C
33
2c
Nov
(N)
End
Springer
Jellicoe
1
32c
32c
33c
3,105
23c
Jail
41c
16
Sep
245
18
Oct
21. ¥2
Feb
1
6c
6c
5,OO0
.4 %c. Jun
8c
Aug
Kelvinator
—————■—
Canada
of
—
Ltd
—1
1
i
■
19
19%
100
5,420
14
11%
65c
11%
65c
1,100
30c
65c
18,100
.
1.11
8,232
90c
Gold
19
1,500
10 %c
4.10
8c
8c
9 ViC
Labrador Alining & Ekploraiion———1
Lake DuTault 'Minds Ltd..;:———-1
Lake. Shore Mines, Ltd——————l
2.45
2.35
2.60
4,600
21,500
1.61
1.80
17
17
17%
35c
34c
35c
15 ¥2
15 Va
15%
5c
'-5C
5c
1.10
1.10
1.61
6.25
6.30
16%
3p
lie 11%C
7,800
16%
16
16 ¥4
70c
4c
1.20
1.23
1.30
1.38
11%
14
27
26%
27 ¥e
26
26 ¥2
87C
93c
3.80
3.f)5
Class "B"
-^-1
1
;2.90
-Ll
2.80
2.27
10
2C
2c
J—^,-T——.
2%C
8%
171'2
Maralgo Alines
1 J—_.
-
Alassey-narris fcommoii————
Preferred.- J.
i———!
..
McColi, Frontenac Oil preferred
McDou'gall • Segur Exploration,Mclntyre Porcupine Mines
AIcKenzie Red/Lake Mines——
AlcLellan Gold MinesMcMarmac
Red
McWatters
Gold
—-.
Lake
Gold—_
Mines
—
28 ¥2
28%
29 ¥2
5c
112
113
■
■
~.J20
21%
400
67c
49c
55 c
55c
Petroleum
59%
o'
.—I
—
—
Grocers
6%c
1
16c
13%
20c
,
!
National Sewer Pipe Co
National Steel, Car-
Negus Mines
Nipissing Mines Ltd
Noranda Mines
3.25
6
Nordon
Oil
106 106%
77c,
23
65c
Jan
3%
Norgold Mines
II.
Ltd,—'
For footnotes
see
page
2327.
/
Jan;
common
*
69 ¥2
75 Va
Jan
5
10%
Jan
15
76
:.■> 5
V.
5 ¥4
.
61
260
2.04 Jan
28,650
15 ¥«
15 Vi
10
22c
24c
2,668
15c
5c
5C
5.000
1.55
1.65
22,025
2.50
2.55
12Vi
4,855
1
6,800
July
13
305
110% 110%
100
12
12%
*
-u
■
Feb
102
25
¥4*
"
5c
Towagmac
Nov
TTaders
2.42
Sep
Sep
3c
'
,.
22f'
8 ¥2
7%,Nov
59%
280
1.51
1.57
28.730
S'/aC" 6%c
64.731
3%c Aug
10,430
12c
5,350
15c
%C
16c
21c
15
25c
'
14
13%
55% May
.: 1.34 May
2.10
..
?T,:80r;i|p>
58c
58c
20%
.20^4
255
57%
58%
563
58c
:
'
3,450
..
-;':5^cApr
Jan
Oct
.fl4:;-:Sep
;
^96* "May
Jo%e,JMiy
'
21C
22c
12%
28 %
28
28 ¥4
280
27 %
20
20 ¥2
260
18
17 ¥a
18
1,425
2,000
1
400
*
,
20c
9%.
1.25
2.25
2.30
1,635
56
2,875
48 ¥4
5c
2,300
8c
8%c
,
3.000
.' '99C
—
Upper Canada Alines LtdVentures^ Ltd. ■
Vermilata
Oils
Preferred
Mb
——fr
50
25
43
275
6 ¥4
32%11 Jan
-
Nov
••
%^.00^ Jan
370
2.96
10 ¥2 c
411c
4.75
3,992
'•^C "AUg
4.50 Jari
19c
4.60
2,135
'•'57 ¥2 Feb
78 1
Nov
22 ¥2
Nov
43,700
74 Vi
21%
21%
22 »4
250
1.13
no
1.19
71,700
'60c
«!
1.25
1.25
1.45
84,600
80c
*
5'%
5%
5 ¥2
570
100
86
82
86
350
140
140
25
Preferred.
,
——*
;
common-—1.—1-——!•
——100
Wiltsey-Coghlan Alines
—*1
Winnipeg Electric common—
———
100-
,19
iBVa
^
i.9
-1
Wright-Hameaves Mines—,
-r*;i •''3.50
Ynuv Yankee Girl Gold M Ltd——1"
6%C
7¥4c
'' 6 ¥4
1,140
66
",c.
'.
Jan
Aug
1.19
Sep
'4V4fJ«iy
Jan
6% Alar
Jan
15
/
94Vi Alar
152
' Jan.
104
Aug
20%
Feb
108
4c
Jan
20c
5
Sep
1
60%
Jan
66 Vi
55
3.35
3.60
2,145
2.95
3%c
500
3 VaC
Aug
Sep
Alay
7% Alar
69
Jan
"3%c
Nov
%
Oct
4.50 July
.
4%cJuly
.Jtuv
Oct
33c
,Sep
29
Sep
Jun
221a
Toronto Stock
Sep
Nov
Sep
'
■
18
Friday
Last
60 ¥2 July
4%c Jan
ll%c Feb
4%c
Jan
17c
Apr
National
Anclhn'
Beath
British
&
Pulp
Sales
Range
for Week
Shares
Range since January J
fiioh
r,o ir
mnh
22 Vi
——
S0/1 Ltd class A_——
Columbia
Week's
of Prices
f.ntn
Par
2.80 Feb
Jan
Sale Price
STOCKS—
2.17 Jul v
1.89 Jan
Exchange-Curb Section
OanafHan Funds
Julv
& Paper com--
8 V«
.
NOV'
2.00
79 ¥2
'
'
5.45 July
Oct
:
t5
400
19,100
13% July
20%Miir
;
685
104 ¥2 105 ¥b
6
10518
'
»
'
Oct
lie
-
com
,
5 ¥b July
.
'2.68
11 ¥4
.
22 ¥2
30
21 "i
Oct
23
8 %
8%
580
S^i
Jan
12% Mar
20
20
125
14% May
j
•
6% Nov
4.60
Mills
;
Aug"
43
.
.3
Pet.
'%96'Jkn
1,925
Nov
8%1 Oct
'
18
2.60
-
—
10
,
10 ¥a'
:—T.—-_i
—
;
Jun
2;60
conu..—•
Ltd
;
Nov
10%:
.
——.v——--•
common
NOV
95c
Feb
12,750
4
3%
16% NOV
Jan
1,025
78
Western Canada. Flour
Preferred
17%
41
Jan
!
97
8 ¥4 Mar*
740
'<
100
,
Alar
6%
12-
1,201
'
.'Aug
35
Nov
40c
; 75 v«
Alalartic
Westons
July
310
7%''
.6V^
43
■
•
;•
.1
Worts
Wasa Lake Gold. Mines
West
7%
17%
io
9%
VM
Ltd
Walker-Gooderham &
>
60,550
9%
.
—i—L.—.w*
—^1
—
Waite-Amulet, Mines,
80C
1
Mar
13
Sep
1.15 Aug
54 ¥2 Nov
22,¥2 ■ Aug
*59
12%
59 %c Jan
1.15
53%
.
;
Oiit'
Jah".
13% May
54
17,600
——
United: Steel
70c
Apr
88% Alar
Nov
112 ¥2
"
.
App,
46% ph
12 Via
6c
.
185a
12%
7c
2.'24 Oct
'
<
-
Preferred
Sep
Alar
1.75 May
36c
Mdr
3,600
.
79c
—'
»
common—*
1
6
37,000
2.15
City
Western Grocers
17c
1,150
20c 20%c
•
,
100
Oct
Jun,, i
13
Jan
100
Sep
4.00 July
79c
Jun
15c
100
17
Apr
52 ¥4
132
TOO
—
•,
97
100
Nov
Aug
90c
20
16 ¥4
Vic Mar
1.94 July
110
4,100
95
100
July
2.90 July
3.20
40
16 ¥4
B__—<
—
Preferred
Class B
July
Alay
class
A
54 ¥2
27c
7
',
Nov
Oct
38c
500
25c 25 Vic
25c
•>—„.1;
Rapid .Transit
Co__T—
United Corp class B
United Fuel class A————
Oct
^%"Jun
.
Twin
■19% Oct
11c
Finance
Preferred
Co_
1.10
54
54
:
; Union Gas
Jan
9%
:
Exploration
Transcontinental. Resources
4.25 Jim
d07;¥ Sep
59%
•'....
Nov
Jun
600
20%
8c
Apr
1.45
1.00
50
Toronto Elevators preferred
;
110%
.
_1
Nov
Jan
7%c
1_—100
-.
Gold Mines
'!
16
Alay
15
2,348
51c
;
4.40 Aug
1.06 Apr
60
16
3,70
common
Jun
,
Jan
1.25
T
NOV
77
,
4¥aC Jan
5c
1.55
16
Preferred
Sep;
70 :
Jan
2.85
Jun
July
8% Alay
68% Jan
•49c
Toburn
Jam
275
265
270
1
Tip Top Tailors common
1.70
2'1'i
50
7 ¥2
68%
69
25
Alines
Cons
Alar
'
-*
;———
Alar
5c
80
14%
3.60
2.95
.
19% Jan
1.17
.„i
46c
9,050
3%
14%
49c
-4.50 July
7% Feb.
835
.
;
.
4%c Apr
245
-
2.25
I—1
—
1,25 J my.
,
Jan
7 ¥2
Canada
Tamblyn Ltd
1.03 Nov
■5% Apr r
13
1,050
;
.
Oct;
I ¥2 c Mar
12,800
.
5
•
Atlg
July
.
Apr
Oct
1.35
1.28
1.30
*
-i—'
Sylvanite Gold Mines
;
6%c Jan
■
2.12 May
1.60 Jan
—1
——;
30
115
Apr
105% Jan
42c
Oct
Oct
3.60
26%
17%
class A
Aug
20%
Thompson-Lund Alark Gold Alines—-♦
Jan
20%
-
"I20 '
Preferred
Nov
46
2%c
Jun
Feb
7,600
21%-
22c
'»
10
110
Teck-Hughes Gold Alines ————_I
Oct
8.234
57%
:-i
.common-
July
221a
605
21%
25c
.
Co
Apr
1,000
Alay
58C
21%
12,795
7c
2.10
Mosher Long Lac
12
15
Jan
8%
25
12
3c
3c
coni—0
Sullivan
Jiily
1.60 Sep
28% Sep
3.40 Jan
;
8%
1.54
1
Montreal Light Heat & Fower,
Moore Corn common———
National
July
Sep
92c
Feb
Apr
22
21W
--i-i——•*
17
Jan
7%c
Gas
Mining Corp 1
Moneta ^Porcupine —I
July
1,10 Sep
Oct
8.75
10
12,583
17,800
15c
Jan
1.310
9
5c
•
106 y4
—Z.
k
Jan
9c
Jun
61c
125
67C
16 ¥2
May
1.03 Apr
90c
Jan
23,600
17%
■
•8%
1.
*
——
——
Jan
16
SiOc
125
113
67c
Nov
6.75 Julv
"
Mercury Mills
Mid-Continental Oil
50c
230
45 Vi
100
Nov
20% July
Jun
2c
195
-
3.60
Leaf. Aliliing Co common.
..Preferred
Mar
1314 May
2Vic
Jan
35
10
44%
2:75
Jan
13%
120
2.33
3.50
••
2.95
2.30
3.50
—1
Fields^——.
Manitoba, & „Eastern Mines--—-.
Ala pie.
34c
510
*
:
Jun
Sep
510
14
Oct
4.45
10c
37
Mines...——i
Preferred
;'
1.20 July
6%c Jan
4,120
87o
14
2,900
1.35
_•
5.70
2,000
1.22
VLoblaw*Groceteria? <?kiK8 A————*.
Gold Mines-.
51'
Jan
22
Apr
Alar
7,036
11
—•
Steep Rock Iron. Mines
Stuart Oil preferred, ——-^-2——?
Sturgeon River Gold Alines————1
Sudbury Contact Alines..
1
19c
14% Jan
715
3%c
Leitcli Gold. NLnes. Ltd-—J————1
Malartfc Gold
80c
340
16%
Candy,.^———^^.3
;Madsen Tied .Lake
'
Jun
5C
5c
.
'
'•>. Lebel. Oro Alines —n———1
Mines,, Ltd--———
MacLeod-CocKshutt Gold Mines-,
Aug
Jun
295
3.40 Jun
3,500
3,970
68c
.
40,433
,;
3.50
•<
;1.51 May.
510
6.30
Mines————if-
Macassa
.
29% Julv
Sep*
Vic
13
5,000
--L
class A
2
400
Co-——r-,—i———^20.'
Steel Co of
Jan
80c
Sep
Louvicourt .Goldfields,'
.
25
4.05
Alines——-—l
12%
Jan
12C
/ Little Long LOc Gold .Mines Ltd
19% Jan
199
.' Feb
300
19
—-IV
20
Jan
11c
■
Lang .& Sons Ltd John A
."
'
"
Lapa Cadillac Gold; Mines—^—- ——II
i
23
Apr
1.06
Laura Secord
V
4.10
1___—50
Standard '.Radio
Aug
37% Nov
8.75 May
12c
Townsite
Lamaoue Gold
?
V
l.OG
Kirkland
.
:;
106 ¥2
Apr
y>.l'
'Kirkland' .Lake'
:
97% May
11%
——4
Kertfrtddison Gold Mines,—--—J
Kirkland Hudson Bay Mines..—;
.
1P
3c
Preferred.
Jun
Mines
21c
520
Sep
280
Sturgeon
Paving &, Materials
Standard
6V4C Jan
■
Apr
Alay
14 Vi
3c
Malartic. Mines————1
Slater
Jun
105
—
7c
35o
605
275
——-i-:*.
South
25% July
Oct
——100
Jacola Mines Ltd-,.
Nov
7,000
28
——
Gold
Sladen
-
106
Petroleum——— *
international
Jan
6c
,
47,450
100
Ltd
Preferred
Siscoe
July
1.00
Jan
: 25
Nov
9
Jan
coitinioii—*
Preferred A—.—
Jun
13c
1
Iiilernationnl Nickel Cp
Feb
64c
'
i3
7%
;
■
.
4c
Aug
1.25
T7%c Jan
500
July
44c
.
48c
10
Feb
10¥2 Jan
2.92
Jan
44c
19
Pi c-ferred -———"
11
72
750
1.65 July
15
NOV
Jan
2.32
,16.800
.
27 ¥2
Nov
10
15
12 »4
,6%
570
:
Mar
89c
14%. 15 ¥a
¥s;
14
84
12
5 ¥2
12 %C
44c
15
*
21
13
7%
———100
Preferred
1.64
Nov
1.27
..1
Silvenvoocl Dairies common—
12% Apr
*
International Metals common A
1.73
Nov
common—4—^-----10
Class b
.
Nov
70c
1
Sigma Mines
80
12%
90c
203
20
Julv
2,700
Feb
20O
19
July
18
Sep
3.05 July
4.50 Aug
8.300
1
32
13%
20
Jan
6
——r———-1*
26% Mar
13%
13%
1,35 July
Mar
13%
Nov
90c
:
6
—
Sberiitt'-Gordon
3.70 Mar
'
17%
Imperial Bank of Canada new——10
Imperial - Oil ...——iy*
Imperial Tobacco of Canada ordinary-5
Imperial Varnish common
~
»
Inglis (John r
—————~6
Inspiration Min & DeVei
—1
,
5.
.5 ¥2
89c
Ltd
83c
6,550
Oct
10c
44%C July
2.08 May
42c
Apr
14V ic July
1.84 Jan
Alining——
1
Senator Rou.vn, Ltd—J...Shawinigan, Water & Power:
0
Shaxvke'y Gold Mining-——-——
—1
Sheep Creek Gold Mines-i——50c
21
84
100
150
2.76
Anthony Gold Mines
Lawrence Corp class A
84
B——,4
14,850
Sand River Gold
55c
Smelting——*
39c
17 ¥4
San Antonio Gold Mines Ltd—
10,400
39c
70
38c
1.10
St
61c
2.95
6V2C
38c
Oct
1.50 July
Jun
2.65
Feb
Feb
37c
Jun
6%c
7c
17 ¥4
Jun
2,200
25.
Jan
101
July
1.15 Mar
2.65
9c
75c
12C
Jan
4
Aug
1.07
3%c Jan
28c
*01
25
.
Oct
5% Alar
Aug
9c
1
47c
Nov
18%
40c
4,400
——1
Oct
35c
18
9%
20c
NOV
2,000
12C
10,400
10O
1.39
5
24%c
4%c Feb
51c
46c
99
1
Jan
Nov
Jun
1.33
1
Nov
Jan
5
4% Aug
.
Jan
53c
12¥sC Aug
1
———,
Russell Industries
6*"%
40
2,500
9C
Royal Bank;new- -U—■—10
Royalite Oil Co Inc
*
6%
Jun
Mines
Roche- Long Lac_^
1.29
4% Jun
83c
Gold
110
5
Aug
70c
3 Vi Aug
4,412
11,000
Rouyn Alerger Gold Mines——.!
:
Jun
45c
2.85
—
July
9
245
4,000
37C
common
40c
8%
10%
class
Jan
32c
2.95
Erie
505a Nov
32q
,
25 %c Mar
125
1
Mines
Gold Mines——.
-—
40c
:
'37,775,;
14c
Engravers; & Electrotypers—
Quemont Mining
r'
1.35
Queenston Gold Alines—-™_—f
5%c
6%
Gold
Pressed. Metals of America-——
9% Oct
1,200
.
5'
1
Corporation of Canada-^.
Premier Gold Mining, Co
Jun
Feb
6%
Mines.:
Rouyn Gold—
Voting' trust.
Jan
36
-
46c
25
Jan
9 ¥2
Preston, East Dome Mmes__—_—l
Purdy Mica Mines —
—1
5% Jan
44
21,300
"■«
10
Hudson Bay Mining &
&
62
Mines————I
IIowey GoId
Ltd
9
19¥2
¥2
9
9 ¥2
—«
25% May
,24c
—
Home Oil———
Huron
35
6%
May
5
Power
9¥« July
I2V2C Aug
May
35C
5
Oct
4.50 Julv
Oct.
Alay
100
Powell
Sep
.8%
5%c
Gold Mines—————1
Hunts
23
3 ¥2
20
43c
27c
.
Pioneer Gold Mines of B C———
Jan
3c
Hlghwood-Sarcee Oils
—-i-—
Hindc & Dauch Paper Co of Can
*
Hollinger Consolidated Gold Mines—-5
.
828
43c
35C
'
17c
Nov
17c
Jan
1.37
13 ¥2 c
Gold Mines—
Photo
Pickle-Crow
Aug
56 ¥4
6%c Feb
216
23%
50%
31,c
8%
.Hasaga Alines —————-----l"
Heath Gold Mines
——1
:
5%
23
5%c
Ilarker Gold Mines--—1—;——-——1,"
.
7c
52% Afar
Hamilton Cotton;Co— —-————i—'*.
Harricana
101
1 %c July
84% Feb
,
Perron
.
18 %c July
40
50%
Harding "Carpets'—y.——¥¥■
'Hard Hock Gold Alines—.——
1
/
7 %o Mar
155
8%
1
—*
Ltd-——
Jun
26,700
Peoples Credit • .Securities^—
Mar
Oct
24c
—
Gold
Alalartic
10c
2i¥2c
Ltd
Paymaster Cons Alines Ltd—.
■
Aug
7c
3,500
com—-A
Gypsum Lime & Alabastine
43c
38c
Jan
97
■
Apr
Partancn
Oct
8c
Jan
23
;Ha lcrow .Swayze Mines——— — -yw—•— 1V
'Halliwcll Gold. Alines—
——-i
.
13c
Cadillac
Sep
■5%
33,716
'
Porcupine-, Mines Ltd
Pandora
10% July
,
,
2%c
56
5
Nov
15c
3%c
9c
Preferred,———.—- 50'
,
16 ¥40 May
56
—* :
—~
105
4
151.800
—
Pamour
1.02 Aug
15c
—;
Jan
Apr
2.30
——_-—
-
250
July
45c
2.10
———'
-
Oils
5 ¥2.
High
87c
8,020
17,400
12»'2C
——_1
—
Cat & Aircraft
1.02
2.18
■—
Pacific OH & RefiningPage Hersey Tubes
Aug
5,000
.
94%
23%
Nov
7
Jan.
5c
97
—
Preferred.
1.99 Mar
■Preferred
Pacalta
17% Aug
3%c Nov
7%
& Toy Ltd
10
■. Grandoro
Mines Ltd—yw———r* /
Great Lakes Paper vtc common—
*
Preferred v t:.c—u.—
.Grand
93%
..
;"' 18,800
12c.
3c
:
Ottawa
Feb
56
Co ,i—————-1
'.
Sep
8.20 July
Nov
■;
Since January 1
50c
23¥aC
Gold Mines Ltd
Crush common
1,000
.
.
4%c
lie
11 %c
.
Mining
36c
-22c 23 %c
.
4%C
Goodyear Tire & Rubber common—
.Preferred.—-—-—50
.
28 %c
33c
Goldale* Mine
;
■'
Oils
Omega
Ra nge
Low
68c
13 %c
Mines
Grange
80c
100 ¥2 Aug
:, 10,540
Gold———!
", Preferred
Malartic
Shares
High
5 Va
5%
-
Okalta
.
■
Mines—i
Nov
Jan
11 ¥4
O'Leary
10 ¥2
3% May
60
s
of Prices
65c
93c
*
}*
for Weelr
Low
67c
—_5
:
Mines
Northland
O'Brien Gold
July
Jan
84
160
105
16%"
common
33c
'4
Sales
Range
"
i
preferred..:
Star
—
Mines
27
Apr
,
North
Corp Ltd_.
21
Oct
10%. 10%
62c
5.80
——
Canada
7%c July
] Oct
65
474
Northern
6.00 Sep
23% Apr
15 ¥4 Apr
21
....
Alining
Sep
10
88
25%
Last' ■:
Far
Normetal
Oct
25
'■
Sale Price
STOCKS-
Oct
Sep
4c
2,000
.
38%
Aug
Jan
20%
common———■
Wares
5%c
5%c
25%
*
'{!?
Lampard, Francis & Co., Ltd.
(M-MC-TR)
Week's;.
Friday
63 %c Aug
28
,
Correspondent:'
Oswald & Drinkwater
(TR)
Nov
39
60
-if
Toronto Agent:
;
15% Mar
•
Apr
27
130
69 Vz
Toronto Correspondent:
■
Oct
:!
Telephone—WHitehaH 3-0852
Montrcal
2.70 Julv
.Jan
420
;,
Street, New York 5, N. Y.
S. R. Mackellar & 00:
Nov
23¥2 Mar
50
37%
63%
65
5% preferred —————100
General Products Mfg class A-:~iT——
Steel
37
.
,
.
Apr
.
3.10
2,843
27 % : 27 %;
37%
.
'■
36c
80
4.60
13
Member Montreal Cwb Market
30 Pine
Mav
15c
Jan
May
1.66 Jan
295
• ——a——,—
Frobisher Exploration
Genetal
22,955
14
jPrancoeur Gold ..Mines.—-————
Gatincau
62,500
2.55
——
Federal Kirkland —
Ford Co of Canada class A—.:
7c
14c
2.43
32
-I
Nov
5%
>
i!i
imis E. Bumside & Co.
12% July
Jan
,
'
■
Nov
13
Jan
12 %c
-—I———
Mines—1
-1
Economic Investment Trust——_—-25.
Eouitable Life Insurance—————25
Falconbridge Nickel Mines—
Famous' Players Cdn Corp Ltd
—*
canny Farmer Candy Shops—
%
Federal Grain preferred————100
East Sullivan
3 ¥2
"Blocked" Securities
Engineer of Wide Canadian Experience Retained by Us
Nov
50 c
■
Mines—————-I
Eastern Steel Products
Nov
100
9
'2,704
1,500
,
.
15
Nov
7% Jan
10
.
Sep
2.48
•
East .Crest1. Oil-————-.
/ Eastern- Malartic
13 ¥*
680
Apr
98
5,416
19c
19C
13% c
Co—•L.-l,-
Mining
19c
;
26% Aug
21 ¥2
.
or
July
22%
;
For "Free"
;
.
Nov
9%
.
100
Dominion Foundries & Steel com—.—•
*ir.
.'.Preferred
•
Mining and Industrial Securities
Commission Orders Executed in U. S. Funds
Max
31 ¥4
'
21% Sep
10
May
.42
>
Oct
17 Ms
30
146
.
5c
33¥2 Mar
1,665
25.25%
—~i———■
High
Low
.2 ¥2C Aug
.300
Canadian
January!
Range Since
Shares
High
3c
•'Denison- Nickel Mines———I-————1
i
Distillers
Seagrams j-common——*
"'(Dome 'Alines
232:
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4337
Volume 160
20
Aug
Nov
"
THE
2326
LISTED MARKETS
CANADIAN
FOR WEEK
RANGE
Last
Co
Class
2.25
1,320
38
38
90
28
12
Oil
Dalhouse
Oil
7%
Sep
45
8%
Apr
Nov
100
1.80 May
2%c July
2,806
5% Jan
9% Aug
8%
3ic
31c
31c
1,200
25c
3oy2
1,220
24%
30%
Nov
9%
9%
9V8
Oct
10
—
—.
1.34
1,825
15V2
ii
•16
300
11%
VI
11%
1,345
30c
11,200
24c
24C
1
—,—T——,—r-
ordinary
19
Jun
Aug
12% July
Jan
49c
1.10
2,950
41
Sep
15c
1.36
50
20
1.72
Sep
41
Mar
Jan
Apr
Nov
5
Vo
Class
St
St-
Corp
of Prices
Sale Price
STOCKS—
;
IlOO
preferred ' —
Agnew-Surpass Shoe common..—.
Algoma Steel common
.——:
6% Vc
Preferred
*
17
90
13%
630
98
98
60
pfd—
...
90
99
99
Power & Paper class A..
16
280
13% Jan
151V2 Mar
15%
15%
615
161
161
161
212
20
22%
22%
1,810
19%
19%
25
2
10
11
22 Vn
11
405
Mills—
Canada Cement common—
15%
Jan
6%
Jan
5%
10%
6%
10'%
37%
38
70
70
8%
10,337
8%
Breweries common—...
Canadian
Preferred
Canadian
;
common
preferred
—.——_——:
Celanese common—...
Canadian
prefei^sd
7 7
——_
Cottons
Canadian
common—.
new
B
:
Locomotive
Canadian
Pacific Raiiway_——.—
66
5V«
32%
40
8%
Jan
39%
Jan
Jun
Mar
45
Nov
110
.8
Apr
10% Nov
26 %
26%
26%
585
25
Jan
28
36
Jan
-.25
%
42%
43
365
'lOO
157
157
157
398
-100
27%
27%
27%
310
32
32
42
6
11%-
11%-
"12A
12
45
Jun
157
%
141% May
Nov
Oct
27%
Oct
24%
Jan
35
Jun
5%
Feb
26
5
27
10%
Jan
365
11%
Jan
74
*14
!
J
.
Sep
July
14
July
55% July
!
Jan
.—0
5014
50
50%
500
39
32
•32
32
485
32%
Oct
37%
37%
25
27% Jan
29% Feb
38
Oct
33%
Feb
41% Mar
"
30
30%
164
23%
Jan
31
12
12%
495
11%
Oct
14
Jan
Dominion
Dairies common—
8
9%
1,529
10
July
24%
250
,
Preferred
.—
22%
24%
—————————
Glass
Pieferred
—
-
Coal B_
Dominion Steel <&
...
Ltd1..—.—.-
Stores
Dominion
240
22
Apr
26
120
26
116
Feb
140
Dryden Paper
3,090
13
680
9
Jan
13
Nov
11%
200
8
Jan
12%
Jun
68
Apr
74
Feb
155
Feb
164
Nov
6% May
9
8%
71
&
Products..._
Heating
,
English Electric class "A"..
381
73
164
164
10
8%
200
60c
60c
100
60c
Oct
12%
150
8
May
8%
#'
5%
#
22
4%
210
5%
4
27%
60
Foundation Co of Canada—....
20%
21
3%
38
27%
%
**
Players
ft
preierred
5%'r preferred.
Steel
General
Gurd
—X,
Hudson
common..—.*
19
common._*
International Bronze, common.-;,—
International Paper common
international
Power
Preferred
Lake of
Steel
preferred.
Massey-Harris
13%
Jan
26% Mar
32
—
—:
—
10 %
21
Mar
Jan
18%
110
12
Jan
■
Breweries
National
260
22
Jan
29
Oct
1,707
28
Apr
35'%
Jun
14% Apr
23% Aug
19%
Apr
22%
20
Jan
27% Feb
21
675
21%
-880
23
290
110
110
3
106
Mar
26
26%
245
23
Jan
146
8
135
Jan
15%
16
215
13
Jan
16% NOV
16%
16%
13%
Jan
16'% Nov
61
61
Nov
65
-
20
1
;
60
30
60
Nov
8%
900
8
Feb
7%
t
60
8%
..
7%
23
23
100
t
•
,
:
•
6%
425
..
.25
,
.
75
132
5j
,740;
•
.19% "19%
38%
•
38.%
16
Wire
Niagara
Car
r
!»,;•
80
684
—
Ogilvie Flour Mills common
Ottawa
Penmans
:v
Oct
50% Feb
.
,
v
Last
Par
6%
preferred
3%
23%
24
25
27% Jun
May
20%
May
40
Sep
2
104
Aug
107
Feb
620
20
Jan
23
Oct
r
22
22
51
89
446;
11%
11%
19
19
12%
160
170
10
:■
135
171
40c
50C
5
6
Ltd
100
20
146
61
9%
Nov
Jan
Oct
Jun
Oct
9%
Jun
Jan
27%
Jun
Jan
75
July
132
May
18% Apr
19% Sep
33
Jan
.....
—
Cub Aircraft Corp
Ltd..
Malting
Oilcloth
22% Aug
24
38%
Jan
Nov
Feb
16
—a—
17
Jun
1
Ltd.——1
Mines
49
130%
Apr
Feb
60
140
Nov
Nov
Dome
,
15
Jan
16% Aug
16
5
4%
"400
2%
Jan
71
19%
Aug
•21
40
21'
Mines
3
21%
21%
390
106
106
■
11
50
'391
'"800
•
11%.
2%
2%
Mines
91«
7
107
103% Jan
10
Oct
.;
10
19%
■'
15 '
10
2% Nov
•
20% Nov
Nov
20
10
4
50
3%
Aug
95- 96%
100
91%
Jan
'
'40
41
2,908
94
35
106
105
26
:20c
:
21c
-
,
5,008
20
26
45
1.050
'
'26
10%
Nov
17c
May
42
.Nov
i
July
98
21
•83
:*
83
6%
Sep
7
May
30c
27
Jam.
28%
18 %c
• •
;
.
33c
27%
Jun
30
15c,;
Jan"
•
31c
July
2c
Jan
5c
July
39c
Oct
69c
1,600
71c
Sep'
93c
Nov
22c
Aug ""
G.4c
Jan
y go
Hi/4
Jan r
14%, Nov
,
•
Mar
"71c
71c
8,000
63c
4%c
5c
6,000
2%c
Jan
25
Oct
25%
Aug
700
38c
147/k, .147ft
,
July
1,000
,85c
.
May
63+ Nov
4%
400
'
.
Apr
3% Mar
87.
1,000
„
,.48c '
"'85c
Jun
Mar
9,600
19 c
'3c„7,
3c
47c
••
Jan'
Aug.
100
6%
728
28%
2%
■78
Sep
106% May
■
50
Oct
5% Feb
100'
92%' FCb
103
'
..'3%;, '3%
,
Aug
Nov
12% July
Sep
1.65
20
9
Jan
7%
Oct
3% Nov
1.50 Mar
:
10
—'94
Oct
Nov
163j Aug
221« Mav
Jan
/'■ 4
Ltd./—
Ltd
19%
20
40 %
;
Nov
23 iy July
Jan
"
9 (
8%:
11%
24
15%' Apr
225
3%,
3.
5%
■
53 it May
200
16%
9
50
Feb
.
18
'
9
16%
21%
,
v
:"••• 9
—
Ltd—.*
Cadillac Gold Mines Ltd.
1
45
Jun
1.00 Nov
Feb
30c
100
50
—
Canadian Malartic Gold Mines
Central
34% Nov
22%, 22%
Ltd—a.—*
Ltd.—.1—
Aumaque
Bralorne
26%
Jan
1.00
4%'
Jan
Apr
20
630
50
20c.
4
23'%
20
34 '
■■
May
Feb
Jniv
3% July
1,229
25%'
1.00
1
Gold Mines.:
Bidgood Kirk Gold Mines
Nov
;
Sep
3
450
3
5%
10
Apr
2
225
;
Copper Corp
7%
1,970
2%
33
34
—*
Investment.
9%
!
3
6%% cum 1st pfd.—.25
Distillers, of Canada Ltd—j— *
Western Can Flour Mills Co Ltd pfd..*
Windsor Hotel
Woods Manufacturing _—1—
1
'
'■
4% Nov
Feb
374
Stores
Aubclle Mines
Mar
Nov
3%
United
60
9
39%
160
Reliance
Feb
94
Jan
300
'
Jun
Jan
28%
5%
new——————.——*'
Mines—
Nov
4%
Aviation Ltd—
*
Corp of Can 6Vo. cum 1st pfd. 100
Thrift
Jun
15
10
5%'
Noorduyn
Soutlunoupfc
33
Oct
590
:/:X
'4%'
9%
Apr
Jan
39%
•
Quebec Pulp & Paper pr
Grain Co Ltd preferred—*
Southern Canada Pwr: 6 % cum pfd—100
l.OO
Apr
13%
150
1st pr new——.—
Power
91 i Aug
24
15
,25%'
Utilities Corp com—
MacLarcn Power & Paper Co.—
Maple Leaf Milling Co Ltd common..*
Maritime Teleg, & Tel Co Ltd—
10
Massey-Harris Co Ltd 5% pfd__.._10»»
McColl-Frontenac Oil G% cum pfd—100
Melchers Distilleries Limited common..*
Preferred
——10
Minnesota & Ontario Paper——*
Montreal Rcfrig & Storage com vtc_—*
7% May
60c
200
29
International
23%
Jan
Jan
2
Limited.......—*
Halifax Fire Insurance Co..i_._—..10
Itillcrest Collieries Ltd..—.———?,
Inter-City Baking Co Ltd————100
International Paints (Can) Ltd cl A—*
48%
Jan
5%
70c
9%
Companies.
105
7
5,898
37%
Aircraft Ltd.——.——
5
Ltd ——
—*
Ltd A——*
1,146
13%
Sep
8 31
Aircraft
27
86
13
4%
*
53 %
5
Jun
Nov
15c
156
5%
27
20
40c
83»
8%
39
*
*
5314
July
27% Sen
Jan
Jan
48
100
:
70c
common
Paper Co Ltd
July
13
''729
*
Ford Motor of Canada
2ndpr
6%
Sep
Oct
3%
30c
15
& .Linoleum
31
Jan
6%
—_
Dominion Sguare Corp.....
Woollens
Aug
2%
700
13
8%
common
12
306
60c
Mav
3%
13
2.50
......—
Works Ltd
Jan
Mar
.
30c
■
Dominion Engineering
Feb
12
10c
1.000
X
100
Sep
10
"
5
Feb
93
500
30
Jan
Feb
2
ioy2
Jan
3''a
30c
Consolidated: Paper Corp Ltd
Prases
Jun
Aug
57
6%
3Vn.
*
-,———.5
Preferred
Fleet
67%
47%
5
35c
% Aug
Jan
350
.
,
Mar
70c
7
40
30
■
Fairehikl
2% Mar
Jan
Nov
Oct
50
30c
■
Preferred.
Dounacona
Jan
8
270
4%":
100
10%
Commercial Alcohols Ltd common
Dominion
Aug
4
56
56
Oct
166
174
4 % May
6
4Va
4%
Consolidated Div Sec "A"——*
Dominion
12%
Jan
1.85
7
54
,
53
;
19% July
Jun
40c
95
6
11% Nov
MaV
145
1G7%
100
2.
2
10%
Jan
99
Jan
15
180
160 160%
170
51% Aug
Jan
73-v. Nov
8%"-July
:
15
12%
11%
10
2.40 July
Apr
"43%
90
'51
' 88
,
1.55
.
Preferred.
Nov
31
104% 104%
common—.—*
__i.l00
Canadian Wcstinghouse Company—«.*
Cassidy's Limited common.——
...1
7%. preferred
...X.—..1.100
Catelli Food Products Ltd common—*
Claude Neon Gen Aclvt common
*
Dominion
231'a Sep
345
.6
Vickers
16
\
445
preferred
pfd
Jan
4,951
—1.00
& Paper Inv Ltd com
.*
cum
Mar
23
2.25
pfd—100
preferred ...———~%—100
7 %
20
209
20%
Canadian Marconi Company
Canadian
Aug
,770
38%
18
Dominion Sugar Co.—*
*
Northern. Power 7% pfd
.100
Canada Vinegars Ltd——*
Canadian Dredge & Dock Co Ltd—.*
Canadian General Investments Ltd—.*
Canadian Industries Ltd class "B"—
5%:
Nov
8
Oct
38
&
Power
Nov
33
6
2.20
Canada
Can
122
.
Jan
22
38
Canada Malting Co Ltd—.—
7%
Nov
2.20
common.,—,————1
Preferred
:—i
—100
Co
Canada
122
Jan
60
120
23%
23%
Packers
British Columbia Pulp & Paper com
Columbia
Calgary Power Co Ltd 6%
52%
'
5
23
2
Apr
120
Biown
1
43b July
Apr
27
4,325
6
53%
138
".'-:2%
V. 4,778
52%
•
_*
138
'3%
50
"6
British
High
Loin
High
Low
/
1
Range since January
Shares
33
Arno
100
Sales
for Week
of Prices
*
July
278
Oct
Oct
15% Sep
14% Oct
2,035
'33
26
60
:
15
119
Jan
"57%
28%
'■
100
15%
a
Sep
30
26
go
Ltd class "A"
*
Brandram-Henderson Ltd
British American Oil Co Ltd-^-——*
70
94
18% Sep
Bros
23
87
Oct
50%;
preferred ——.100
7%
Bcatty
23
:
Oct..
15%
3%
.*
Paper common—
&
Power
Abltibi
!
Aldermac
94
17V'2
'636
Week's
'.'Range
Friday
Sep
250
Oct
X* 65
Sale Price
STOCKS—
July
16
Sen
Canadian Funds
18
_*
15
19
Montreal Curb Market
46
.
Sep
17%%
14%
15
.10-
1.
15% ,Sep
Sep
14%
17% Nov.
25
18%
28%
.10
new
Royal new
14%
272
.
'
13% Jan
common
Scotia',
—
40% May
8%
2327.
69%
48% Sep
,'.,275
15
"15
'
17% '
16%
.10
50
.
15%
see- page
Nov
7% Mar
15%',; 16%:;
.10
.-..ill
Montreal new
14%
17%..
2,865
common..^
Preferred
For footnotes
.
Imperia 1 -
15
.10
18
Power com..100
Preferred
Jan
49% >'$15,000
.15;
15:
.10
44
44
100
Products
Light Heat &
Dominion
Nova
.10
.
——
•
Weaving
Noranda Mines Ltd
Ontario Steel
new
17%
•
Corp
19%
Sep
62
45.
Jun
130
Feb.
■:
Banks—
Commerce
18
25
....
Steel
Mar
26% AUE
126% Jan
72
5
75
132
20% .20%
—
20%
38% 1
113
'
Preferred
National
'.
49%-1,49%
notes.
—
Jan
'
7%
;„
^^100
common
Nov
145
i- ,8%
t,
.
Montreal Tramways
18 %
61
...100
common..—
———
Sep
29
•
Preferred
13'% July
27
31%'
■
Montreal Lt Ht & Power Cons
July
15% July
21
—
*
Cottons
Apr
893
450
•
/ 15%
,
...._ay—_*■'
Montreal
12%
1,225
12
t
Oil. ———2——*
(Robert)
13%
26
*
;
Mitchell
Oct
22
.......
McColl-Frontenac
Jun
580
—
Mack
13
810
26%
lang & Sons Ltd (John A)———*
Laura Secord Candy—
,———3
Preferred
—100
Jun
20 %>
21
...100
———
Jun1
May
30%
20%
«
the Wooas common.
Pieferred
6%
5
28%
—.100
....
—
Jun
19%
s*
common..
Jan
9%
10
12
30%
:
.15
:
Co Ltd.
Petroleum
International
Nov
375
26
>"
common——_.*
Int Nickel of Canada
Nov
8
30%
12
26
25
*
Preferred
-
Nov
300
.
18%
common—.5
Can
86
20
13'%
13%
—•
of
97
29%
;
Nov
16% Nov
93
18%
—
Industrial Acceptance Corp
21
105% Nov
Apr
5%
Nov
Oct
7% Mar
10%
5
27% Nov
Aug
100
10
:
Sep
81
540
5%
22 %
Jun
lOO
7% '
8%
6
17% Aug
8%
5%
Ltd
Tobacco
6
Jan
Sep
11% Mar
7%
4_
Bay Mining..
OH
194
86
8%
:
Paper
Tinnerial
1,045
86
*
,
Imperial
93
Jan
__
*
5
1.1 me & Alabastine...
Hoilinger Gold Mines
Smith
16
17
105 105%
105
_
100
*
Hamilton Bridge
Howard
85
40
97
17
common.—.
Inc preferred.!,—
(Charles) common
'ivpomj.
156
97
Apr
8% Jan
557
93
.100
Wares
Pumps
10%
90
—
New Preferred
Goulds
10%
93
Jan
Oct
14 %
Jan
%• Mar
14%
370
.10%;
IlOO
!
5%
23
July
60c
Jan
20
200
22
4
Canadian Corp.
"B"
Class
Famous
22% Nov
Jan
Mar.
5
—
12%
60C
IIIi
..
Enamel
164
•'#.r.
—,
—__——
Mar
9% July
12%
8%
—
Corp
163
Jan
Apr
11%
11
IlOO
Kootenay Power
Electrolux
V* July
July
7
71
East
150
211
161 161%.
7%
'
_
24% Nov
Apr
24'%
i
l-_*
Preferred
4% Mar
17%
120
120
—100
.__100
25
—*
common
1,335
24%
Foundries & Steel common-
Dominion
Dominion
40
30
40
....—
preferred—
Power
Canadienne new
July
25
Coal
.
20%
17
66
•
Nov
Bonds-
Montreal
—
6% July
Jan
683
6% July
Jan
125
12%
250
■
11%.
12
"■
69%
Distillers, Seagrams
Briage
66
.
77
.100
,
.
6%
.5%.
Winnipeg Electric common
Preferred
—————100
—
50
6
68%
Feb
775
32
6 •' it
6
—
Dominion
Ltd
Feb'
-'
Nov
906
19%
19 %
59
103
10
105,
105
^.100
preferred
Jun
5% July
Jan
57%
355
22%
22
.....—
—
Feb
76
50
'256
77.
74%
:
100
•
.
69% Aug
,
■v-.','::.. 50;/
4
59
Nov.
11
.
'
2,430
Crown Cork & Seal Co.—.
Dominion
Cotton
Aug
37%
Glass
V
,
25
Feb
69,.,
Jan-'1
3% Feb-.:;;
132
Nov
145
/
Jun
63
'
59
(George)
21% Oct
,
Jan..;,',
8%
280
75
4
•,
Nov
70
Jan
41
427
'■
Jan
Mar
♦
Consumers
69%,
—
Feb
10%
_.
Consolidated Mining & Smelting—,
69
Oct
Jan
16
Feb
.21 %>
.
80"
■
'
Jan
9
12%
39%
'
...
'115
%
24
10%'
69
,
10
*
Plow
Cockshutt
31%
380
44
Aug
9% Apr
134
-
Canadian
Feb
,128
10
145
'■
24
75;
Corp
65
15
275
,
July
Apr
13% May
1,985
20'%
145'
Jan
39%
...—.....—........
...
15%'
Oct
35
46%
177
■
.,
22
Apr
"
'
July
10
Canadian Foreign Investment——,
Canadian Ind Alcohol common.—.
Class
.
"10
—a;
Jun
12
5
1,475
-
9 %
21
39 V2
.—
Canadian Car & Foundry common
New
43%.
44
...
....
...
Bronze
60
Apr
32
34
20
3% July
13
20% May
9% May
10
7%
37%'
class "A"—
& Cable
>
Jan.
Apr
18
206
10%
-50
preferred
:
Nov
104% Sep
2% Mar
•
.425 11
19
15%
..2a—1-_—--.
117% July
103% May
75
10
Jun
24
Jan
15%
25
Canada Steamship common—..—
Canada Wire
15% "•
105
20 % July
135
510
20 %
Power
Northern
Canada
640
11% Aug
Feb
100
35
.
3
Oct
11
■
Oct
436
IlOO
pfd—
24%
11%
9
20%
Nov
Jan
8
18
116 116%
.—.—
new
164
Jan
18
6%
A
Canada Forgings class
Canada Iron Foundries
16% Mar
3%
18
_
July
24
1.85 May
18
—.5
—
—.
.
19% Nov
'
.4
.
Sep
8%
Building Products class A—
Gold Dredging
....
Eulolo
Nov
16
18% May
15%
^4
101% July
Jan
455
2
Preferred
13% Nov
Sep
8
...—____————.
Bruck Silk
,103
,
,98
Apr
98% Jan
96% Jan
21%
21
21 Voi
IlOO
of Canada.
Brazilian Traction Lt & Pwr—
British Columbia' Power Corp A...
B
Jun
Jan
Jan
85
20
14
Corp—;r—...
,—*._• 4——.—4:
Telephone Co
Class
17
Jan
•
May
Nov
Jan
9
89
377
89
-.100
»
Bell
Jun
92
99
9
59
(Hiram) G & W common-
Wilsiis
Jan
34
60
___i.
Steel
9
3
;:34
Canada common-
of
52
v
'
Amalgamated Electric
Bathurst
11%
—
Aluminum Co of Can
Asbestos Corp
13%
17
,
Ltd
90
78
92
13%
*
Aluminium
High
Jan
Aug
5%
50
8%
92
92
IlOO
—
„„
8%.
.J
__
Low
High
Low
Par
Ltd common...
Glove Works
Acme
Range sine* January 1
tf
Liou
Paper preferred.
Breweries
Co.
7% Mar.v
18%
„
Feb
12
'
19
14
j';
93
35
50
103% 103%
_r__.i. ilioo
Preferred
Preferred
Shares
'"'T03
.-
Jan
Aug
11%
11%;,
3
Jun
Aug
220
"
—100
Shawinigan Water & Power— ^1.
Sherwin Williams, of Canada com.
Weston
for Week
—
common—.,
8
31
101
Jun
19
14
•
1
Jun
Jan
5%
•
15%
Jan
11
101
100
t;
__iU—. Illio
Lawrence
Wabasso
Sales
Range
1,170
11
preferred.;
Lawrence Flour Mills common
Walker
Week's
871
31
13%
A
Preferred
Last.
•"6%
lOO
—lOO
Power preferred
Lawrence
United
Funds
6
;•% 30
—
Southern, Canada. Power
Montreal Stock Exchange
6%
1—L———;: -100
Preferred
Saguenay
66
':
'
preferred
Quebec Power
11%
.1,000
30%
common.—.
Regent Knitting Mills common...
Rolland Paper common.:
Steel
Friday
13%
"
Sicks
—;
Canadian
High
12%
—
Co Ltd
Bros &
Price
Feb
10
41
—v~~—■—
Nov
1.45
Sep
13
1.31
1.31
1
Oreille Mines
1.01
1.23
1.23
Hayes Steel —————
& Ontario Faper—
Supertest Petroleum
225
Low
1
Canada——
of
Corp
Power
Mar
30
Sep
Jan
41c
30
.<
Development
Placer
Nov
9
11%
8%
———
Gas——
&
Lake
110
2 %
Co——
Minnesota
Osisko
9
11 %
—
Paper
Donnaconna
14'/4
Nov
2Mr
Co
Dominion Bridge
40 Va Sep
1414
8%'
Paper
Consolidated
——
2.45 July
Apr
Sep
9
14'/4
—~
—_
Vinegars
Canadian Marconi Co
Pend
%
50
11
B
Canada
Foothills
2.25
38
A————
class
Co
Burns
2.25
„1
—
—.
1.40 July
.-I
a-'—•---
common
Preferred
Range since January
Low
High
Shares
Par
High
Low
for Week
Range
of Prices
Sale Price
Range since January 1
Shares
High
Sales
Week's
Friday
Last
Low
Par
Brown
Sales
foi/ Week
of Prices
Sale Price
STOCKS—
ENDING NOVEMBER ?A
STOCKS-
Week's
Range
Friday
Monday, November 27, 1944
CHRONICLE
COMMERCIAL & FINANCIAL
25%-
(Continued on page 2328)
50,
84c
July
9c
July
30% July
Volume
2327
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4337
160
over-the-counter markets
Quotations for Friday
Nov.
21
For
Investing Companies
Bid
Far
Aeronautical Securities
3.81
_10
AAmer6x
Holding Corp
American
Business Shares.——1
Series
28.59
27.41
30.08
B-3
19.20
21.05
—
Bankers Nat Investing—
ACommon
9.88
10.86
18.28
K-2
20.05
23.15
25.45
24.62
27.04
B-4—
K-l
'Series S-l
;
—;
Series
S-2—
12.80
Series
S-3
10.50
S-4
5.32
Inc——5
Ltd.————-1
105.66
19.49
32.66
17.42
4.79
Fund Ltd—I
3.25
3.85
5%
-
Broad Street Invest Co
Fund
Exchange
Members New York Curb Exchange
11.57
101.43
18.13
30.21
15.89
Series
Members New York Stock
14.09
3.74
—I
———
Industry Shares
—10
Bond Inv Tr of America——
Boston Fund Inc
»—5
Basic
Bullock
15.37
15.93
—
—
Series
Series
Series
14.17
14.81
American Foreign Investlng.lOc
Axe-Houghton Fund Inc——-l
Real Estate Bonds
on
Shaskan & Co.
29.9.6
B-2
Series
.
B-l
Series
28%
355
Quotations
Ask
Keystone Custodian Funds-
4.17
27%
Bid
P»r
7.13
7.16
-l
-—IV*
Affiliated Fund Inc
Ask
5%
Knickerbocker
—;
Fund
5.95
Sayies Sec Fund
;« -10
Bell Teletype NY 1-953
DIgby 4-4950
97.70
40.67
Sayies Mut Fund—
Loomis
Tel:
6.52
95.75
41.50
—.
Loomls
40 Exchange Place, New York 5, N. Y.
i
Manhattan Bond Fund Inc—
Canadian
Inv
Christiana
..
Preferred
—-100
Commonwealth Invest:
1
Consol Investment Trust——1
-1
Accumulative series———1
Series AA mod——
—1
Series ACC mod
—1
Cumulative Trust Shares
2.32
2.32
2.81
2.81
4.92
.
5.55
24.09
Fund—. —1
11.18
12.02
-10
11.24
12.29
Investors
2d
Mutual
Invest
Natlon-Wlde
Fund
—
Inc
3.87
Aetna
.
Industrial
■
stock
,
6,50
New
England Fund——.—-1
1.28
1.41
New
Agriculture
22.70
24.38
13.85
—
Equity Corp $3 conv
pfd—.
—
A
;.
41%
Bank
14%
16
Re-Insurance
__io
53%
56%
Munarch
American
Reserve—
10
17%
18%
National
8.55
American
Surety—
—25
59%
62%
———„10
37%
40%
National
Liberty
National
Union
20.07
5.54
23.18
r.
5.72
8.35
8.19
9.01
8.12
8.93
stock
—
6,95
7.64
"i
Building shares—————
7.67
8.43
i.—
Plymouth Fund Inc
6.14
Putnam
5.06
6.57
Administered shares-
7.22
7.94
8M
9.43
General bond shares
—
Industrial Machinery shares-
6.86
7.54
State Street Investment Corp—
45.25
Super Corp of Amer AA—1
Trustee Stand Invest Shs—
2.45
A Series
C————1
2.46
ASeries
D
shares..—.:—
stock .shares..
Equipment shares———
Selected Amer Shares—
Selected Income Shares
5.24
6.43
3.87
4.27
4.45
4.90
HR
4.38
4.83
4.31
4.75
4.30
4.74
4.72
5.20
Railroad
—-
.....
Tobacco shares—-
——„
shares...
Utility
j
—
..
i
Holding Corp
.il
Fund Inc
39c
1.49
24.53
2.32
2.62
Series
11.12
12.19
25.74
5.97
13.28
13.58
34%
Bid
Metropolitan Edison 2% s_—1974
Miss Power & Light 3%S—1974
103
103%
103%
104%
104%
100%
101%
Narragansett
—1974
105%
105%
103%
102
105%
New
1974
103 y8
104%
Oregon-Washington RR 3s_1960
Pacific
103%
104%
103%
107%
1Q5%
101
101%
Power 3%S—1974
102%
Quincy 3%s„1974
101%
Burl
&
Edis
1977
3s
105%
Light & Power 3s—-_1974
107
26.28
23.75
Florida Power & Light 3%s_1974
108%
109%
9.33
————1979
105%
4%s
3V'eS ser K-1960
101%
101%
102%
103%
/.
Gulf Mobile & Ohio 3%Su—1969
Fund———
1.84
17.31
96%
—1
M
Lt
Investment Banking
&
debs
Philadelphia Electric 2%s—1967
1964
104%
101
101 %
1974
101
101 %
103
103%
105%
106'%
108%
109
102%
103 %
San
101%
102
City Term Ry 2%s_1974
Koppers Co 3s
Pipe Line—
—1953
103
2%s„„ 1974
Pow
3s__1974
Puget Sound Pow & Lt—
4%S,,——
——.1972
101%
102%
York Corp.
101%
—1959
Greyhound Corp 3s
18.89
Electric
&
2%s
102%
1980
series
Gas
Pgh Cine Chic & St L 3%s_1975
Public Service (Indiana)—*
3%s series E
—1973
102
1970
3%s
Public Service
Orleans
2%s
3%s series L
7.80
3s
Panhandle Eastern
108
Northern
Great
22.04
-
105%
Elec
3%s
106
7.13
97
Diego Gas & El 3%s„ 1970
4%s„
111%
112%
106
—1958
107
^
v
——1
3%
3%
_^_10
Corp
74%
—-—2.50
Westchester Fire
100%
17.25
Co
50
69%
31%
Ask
Bid
Empire District Elec. 3%S—1969
Florida Power 3%S—
-—1974
86c
20.17
Boston
47%
103%
8.53
Fund B—
Fund——
Corporations
38%
4
S Guarantee————10
100%
Conn
.
U S El Lt & Pwr Shares A-.
&
45%
.42%
38 V*
540
36%
1969
Lt
&
Commonwealth
Union Preferred Stock
Union Common Stock
A First
U
25.49
—
A Blair
U S Fire-
Calif-Oregon
:
.'77c
A
C
27.98
1
Investors Fund C
271/4
102%
98
35%
525
Fidelity & Guaranty Co—2
Birmingham Electric 3s—_1974
1.17
13.45
25%
25
—10
—,——100
—
3%s„1974
Tobacco .3s
Pow
Kansas
1.05
U S
/
Houston
12.22
29%
Standard Accident-
Recent Bond Issues
iV"v
American
6.49
B-—
Wellington
27%
lu
6.83
48.25
1.05
95c
Travelers
Chic
1
series
119%
8%
26%
83%
21.73
Fund
B
America—.10
of
Co
Investment
1.62
22.81
Common
——10c
Incorporated Investors—.—.5
Independence Trust Shares
•
Institutional Securities Ltd—
Aviation Group shares——
Bank Group shares——— •
Insurance Group shares
Stock and Bond Group shares.
6.23 :%
2.34
:/
Trusteed Industry Shares——25c
Series
51C
Foundation
Income
■>
1
——:
ASeries B———
Bond
Springfield Fire & Marine
47%
34%
125
24%
_io
Arkansas
ASeries A—„—;——„1
Union
A Huron
Investors-———I
Trustee Stand Oil Shaves—
.
7iy4
Security New Haven——10
10
Fire
—10
68V4
5
American
Fire
*45V4
32%
7%
11.09
—
4.76
(Texas)-——10
(Paul)
79%
4.24
!•" 6.51
5.84 1
23%
Republic
(NY)——2
96.36
.10.17
_1
5.92
Railroad
Steel shares
94.36
2Va
6.89
Mining shares—.^——
:—
Petroleum shares—a—i—
•
■
7.85
10.71
6.26
Merchandise shares
21%
Reinsurance Corp
3.73
Scmdder, Stevens & Clark
Fund,' lnc_.
—!_.%—• :
Sovereign
34%
6%
29 V*
42%
8
Ins, com,
Hartford Steamboiler Inspect.„10
8.67
%—
Shares.—.
Low Price
32%
4%
27%
45
Hanover
7.14
—————
13%
Providence-Washington—10
Seaboard Surety^.
58c
3.39
50 %
87 V*
12 %
19%
15.56
1
47%t
83%
5
17%
■■
98%
10
—
Revere
•
88
_10
Preferred Accident—
St Paul Fire & Marine—12%
53c
7.95
Indemnity Co—
Phoanlx
159
12%
Great
-10c
Pacific
51%
48% '
6%
83%
93%
12.50
52
2.45
10.21
Institutional bond shares
Investing
V
Inc Shares—
Republic Invest Fund—
62%
58%
153
,—
—25
23%
Hartford
Quarterly
Fire—
11%
Globe & Republic
Globe & Rutgers Fire
2nd preferred
10.74
,
Pacific
49
14.47
„
Northern
21%
2.86
Fund—
(Geo)
23%
6
5
„
67%
V- 2.75
,10c
27%
33
——
—
91%
—1
Series 1958———
25%
-20
River
63%
2.20
.
Northeastern
87%
—1
Series 1956
North
47%
10
Glens Falls Fire
—
Series 1955
56%
45
^.10
-
—1
1953—
Series
;
;
-
12%
21%
1
Fire
54%
10
305/4
47%
10%
2.50
:
Franklin Fire
—5
General Reinsurance Corp—__fl
Gibraltar Fire & Marine—
10
Trust shares
6.64
New
—
Fire Assn of Phlla
6.62
Amer
19%
5
28%
10
—8
17%
10
178
26%
27%
44%
,—10
New Hampshire Fire—
York
30
59%
7%
168
—20
Casualty—,—2
Fireman's Fd of San Fran—10
Firemen's of Newark-..—__8
8.45
6.01
7.57
Food shares—
6.27
7.68
6.03
5.58
10.51
36%
—„
Fire
2ira
Fidelity & Deposit of Md
:.
Steel
6.88
9.78.
Feuerai
7.05
North Amer Bond Trust ctfs
,v
—j
9.30
—
4
,_io
——2
20%
,10
10.83
5.69
Railroad equipment—
6.06
4%
New Brunswick——
635
50'4
5%
4%
27%
56 %
6%
30%
Employees Group_
Employers Reinsurance
9.56
—
Y——4
N
—
—
New Amsterdam
81%
—5
(Detroit)—10
Fire
Ins
Fire
—10
6.40
_———
Mfrs
Casualty
5
9.85
\
Merch &
7%
6%
76%
610
100
—
8.46
.
i
—
shares
—i- •
Automobile shares—
Aviation
shares——.—
Agricultural
•
.—
equipment
Machinery
North
Fully
Connecticut General Life
Continental Casualty——
Crum & Forster Inc
—
11.36
7.59
Oils
37.41
5.62
1
Equipment
City of New York
10.34
Railroad
4.01
Electrical
11.04
—,
Metals
25.40
4.96
34.79
Corp..:—
General Investors Trust
Chemical shares—
7.50
Boston v
Camden Fire—.
10.04
stock——
Insurance
:
"4.45
3.85
B
;
6.81
—.—
Electrical
6.18
10.35
General Capital
v
Baltimore American——_2 %
Bankers & Shippers
_25
11.29
Chemical—
2,02
__;
14.17
Building supply———,
21.61
1.84
Fund Inc
•
Industrial Fund, Inc.
First Mutual Trust Fund—8
Fixed Trust Shares A
-„_10
Foundation Trust Shares A—1
Fundamental Invest Ino——2
Fundamental Trust Shares A—2
Automobile
13.15
—
—a
National Fire
10.27
V
Financial
47%
Casualty
American
5.96
8%
7%
71
Merchant Fire Assur—
3.86
5.36
——
Aviation
Massacnusetts Bonding——12%
12%
7.79
'
——_—,
Automobile
14.87
40%
■
Fidelity
Group Securities—
series
Maryiana
16%
.
6.96
York Stocks Inc—%
Stock
11%
11%
7.73
Preferred stock series-
741/2
10%
14%
American Fidelity & Casualty_5
American of Newark
2%
7.09
5,70
19.89
.
91%
38%
8%
8
American EquitaDie
5.43
5
-
—
7.87
6.23
•;
-250
Fund-
Knickerbocker—
3.41
series
priced bond series
priced stock common.
Low
.2.50
Stock
Jersey Insurance of N Y—20
23
American Casualty
3.80
D
Insur Co of North America.—10
80
7.16
series————
—1
Dividend Shares-—
40%
76%
21
4.90
—_—.
Income
—
18.40
Eaton & HowardBalanced Fund—-—— —1
38%
10
27%
14
88%
35%
7%
10
25
Agricultural
American
—■——1
Diversified Trustee Shares
Fund.
Delaware
10
Fire——
Axk
26
8
Homestead
53%
—
1.47
8.72
National Security Series—
Bond series
—.
51
Alliance—
1.34
8.07
voting shares
10
Bid
Par
Home
136%
128%
10
Llfe_
25C
(Md)
—
Low
■
Aetna Casual & Surety
Aetna _—;
Ask
BIO
Par
Securities—
series B shares—.
(Colo)
Insurance Companies
6.05
22.40
Trust
National Investors Corp—. —1
2.54
AA,
10c
—1
Investors
Mass
,>
10.26
9.33
10c
Mass
144
5,50
47
139
5.06
45
v
—1
Shares
Corporate Trust
Series
Common
Maryland Fund Inc—
Trust——'•
29,74
31.97
.—————1
9.75
10.55
Securities com—100 2,590
2,690
Century Shares
Chemical Fund
36%
38%
Quotations For U. $. Treasury Notes
Figures after decimal point represent
New York
City Banks & Trust Cos.
I Mar 15,
'
Par
Bank of the Manhattan
25%
Co.—10
Bank of New York
26%
_100
Brooklyn Trust
453
465
——10
Bankers Trust
58%
60%
111
116
Central Hanover Bank & Trust 20
108%
111%--
Bank—____^_15
42%
National
Chase
—U00
—
Chemical Bank & Trust
44%
Trust
Bank & Trust_20
Empire-Trust—:——50
Fiduciary Trust
——Bank
National
200
—
Manufactures Trust Co
com—20
51%
51%
52%
24%
National
:
1945—
15.
100.6
%%
—
99.31
100.7
t%S Feb.
100
i0.90s Mar.
100.4
100.24
100.25
100.8
100.9
%
86 r
30%
82
28%
—100 1,800
:
1,840
(When,
Bid
New
City Bank—%12%
—__i—25.
York Trust
Public Nat'l Bank &
Trust-i.17%
273
41%
,
'
48 %
11%
%100 1,455
United States Trust
as
tSept.
15,
1948.
—1%%
100.19
100.20
V/oS Sept.
t%S Oct.
97%
'99
99 %
101
$0.90s
108%
2nd 4%s
82%
:
:
—2003
84%:
54
—1983
—
56
1st 4s
104%
1994
—
4%s A„—
76%.
2019
12 %
Bid
—
income
4%s B_
2019
1st 4s—
Conv
1994
income
Denver. &
Income
Rio
4%s
105%:
'
78%
61%
63%
Income
Western
Inc
102
104
—2019
67%
69%
2018
59%
61%
—1993
85%
87%-
94%
1;
1946—
100.2
15,1945
-Feb
June
3s
100.4
.1
•
'
'
1955-1945-
101.18
—.
3s
b0.90
1944—
0.75'
Jan.
1,
1956-1946———
May
1,
1956-1946
Other
.
..
U S Conversion
101.9
101.20
102.29
103.28
102.31
103.30
Issue 1
—1940
102^4
103
3s——1947
lOS'a
105%
1961
133 %
134%
U S Conversion 3s
101.7
1955-1945—
Ask
:'
38
Bank—
Loan
15,
Bid
Federal Land Bank Bonds— '
Youngstown—
&
Canton
Akron
Common
——
——
.-4.—..-',
—
Chicago Rock Island &
:
preferred
United States Treasury Bills
48
81%
83 V*
15,%
16%
41%
/
100
—
Denver
17^4
qboted are ft/r discount at purchase
45
1944————
December 7, 1944
December 14,
1944—
December 28,
—
Bid
Ask
0.33%
4,
January
11,
1945..
bO.375 0.34%
January
18,
—
1945_
bO.375
1945
February 1, 1945__
bO,375 0.3,4 %
bO.375 0.35%
February 8, 1945—
bO.375 0.35%
February 15, 1945_
bO.375
January 25,
b0.375 0.33%
b0.375 0.33%
1944
1945
bO.375
January
b0.375 0.32%
bO.375 0.32%
—_
1944_
December 21,
19%
46
-
Ask
i
i '
b0.'375 0.28%
b0.375 0.30%
1944—_'il—
24,
November
November 30,
18%
44
18%
—-—
Rates
Bid
44
;&nRio Grande com
Preferred
f
Treasury bills—
Pacific-
———2—*
Common
5%
46 :
39%
preferred
-j——
Chicago Milw St Paul & Pacific
Common
Ask
96%
4%s
1st 4s
4%s
62 y4
64 %'
4%s
2014
107%
109%
17%
Seaboard Ry common
Preferred
——
——
—
0.34%
0.35%
18%
46
48
34%
36%
.71%
73%
•No par
k Removed
Western
Pacific
Preferred
Pacific—
mtge
Jan.
Grande—
1st 3-4s income
Seaboard Ry
.0709
.0646
Ask
Bid
Commodity Credit Corp—
Chicago Rock Island & Pacific—
.
.
■
'
Gen
.0837
.0541
.0430
Panama Canal 3s
Preferred
Chicago Milw St Paul & Pacific
Gen income
.0487
1945-—^——
1945--——i-»——
Obligations Of Governmental Agencies
'50%
1,500
3%S
5%
Chic Indianapolis & Louisville—*
1st 4s
1,
1,
and if issued)
Stocks
_^„1988
.0638
$%s Aug. 1,1945-———
283
43%.
104%
Title Guarantee & Trust—^—12
Ask
& Youngstown—
—1988-
.0503
100.27
Federal Land Bank Bonds—
B_
.0616
.0585
100.26
Reorganization Rails
4 Viis'series
.0527
.0531
.0483
—1%%
:
4s series A—
.0458
1, 1945—■
1947.
0.85s
,
.0592
t%S May 1, 1945———
t%s June 1 1945
—
15,
11% %
Akron Canton
Ask
.0597
.0514
1945———
1,
tSept.
Federal Home
Bonds—
Bid
.0525
1945---
1,
t%s Apr.
100,3
1%%
—
one or more 32ds of a point
Maturity—
*
Dollar rrice 100 Plus
Certificates of Indebtedness—
1%%
1
1946...
tMar 15 1947_„
:
1%%
—
Ask
100.6
53%
53%'- *„56%
.
tDec
100.4
54%
preferred—————20
Morgan (J P) & Co Inc——100
22%
Corn Exchange
First
180
200
346
354
15%
16%
Kings County Trust——-i-100 1,640
1,690
Lawyers Trust
——25
38 %
41%
——i-100
Irving Trust m—.i—1Q
%%
—
tDec. 15, 1945tMar 15, 1946-
Guaranty Trust
Conv
Trust—10
&
—100
.
National ————100
Ask,
54%
52
—-——20
Co
Trust—
Fulton
Grace
Bid
49%
10
Commercial National Bank &
Continental Bank
Par
Ask
Bid
1945— —:
Mar 15,
Bid
Int. Rate
Maturity—
commona-———
x
value,
a
Odd lot sales,
to Stock Exchange,
Ex-dividend,
y
Ex-rights,
r
b Yield price,
Canadian
tin default.
tiohs"iiot furnished by sponsor or issuer.
d Deferred delivery,
market,
s
Cash
sd'le—not
e
Ex-interest-.
included
in
fFiat price,
range
JThese bonds are subject to all Federal taxes.
'
for year,
AQuoU
-
THE COMMERCIAL &
2328
Monday, November 27, 1944
FINANCIAL CHRONICLE
18
Week Ended Nov;
CLEARINGS
THE COURSE OF BANK
I
this week will show an
Bank clearings
based upon telegraphic advices from the chief cities
the week ended Saturday, Nov. 25, clearings for all
which it is possible to obtain weekly clearings will
be 23.3% above those for the corresponding week last year.
Our preliminary total
stands at $9,917,013,073, against $8,045,929,517 for the same week in 1943.
At this
center there is an increase for the week ended Friday of 29.8%.
Our comparative
follows:
for the week
.■4 District
of. Columbia—Washington—
Total
(6
Chicago-:
470,000,000
——.
■
*-7--
253,953,187
+
148,276,199
+
.134,300,000
+
.190,053,000
+ 15.8
150,225,053
Kansas
/
148,900,000.
Ten cities,
Other cities,
:
1,932,859,700
___
$8,264,177,561
'
1,652,835,512
day^—
+ 24.2
:+ 24,2:
+
,
35.7';
+18.3
267,718,217
3,703,000
56,155,595
1,985,077
105,604,350
34,914,627'
203,274,429
7,770,465:
36,506,795
136,100,000 2,525,936
..
Federal Reserve District- -Atlanta—
11,569,719
+ 19.6
51,534,228
38,084,568
+
198,200,000
155,900,000
2,550,675
13,838,146
a—„
.
.V
_
..
'
3,334,516
-
Macoiu_;
*:
*
1.3
10.9
60,090,517
Alabama—Birmingham—
Mobile-
..
'>
,
+
42,325,926'
"47,955,6657
4.0
+
15.7
154,318,289
97,515,766
+
108,904,232
94,106,839
513,322,854
Louisiana—New Orleans—
27.7
426,342,655
3,345,358"'
"
4,870,359
156,176
+
190,050 ?
61,291,295 \
87,386,330
9.8
i'
+14.1
Total
(10 cities)—
$6,716,028,670
1,329,900,847
Seventh Federal Reserve
+ 23.8
District—Chicago—
284,687,734
364,260,332
,
+ 23.1
+ 31.8
604;599
7
y '
5,107,811
5,383,585
'4,550,110
•v.'i: 518,609
+19.6
+28.0
+12.3
,
6,892,352
7
.——
Lansing.
j ■:
'.
•
723,218
Michigan—Ann Arbor.
"1
Grand Rapids——
608,511 !
-
4,304,382
3,783,776
2,875,169
2,454,603''
Wayne——.
Indianapolis^—
7
+23.3
South
for the week covered by the foregoing will appear
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.
In the elaborate detailed statement, however, which we present further below,
we are able to give the final and complete results for the week previous—the week
ended Nov. 18.
For that week there was a decrease of 22.5%, the aggregate of clear¬
ings for the whole country having amounted to $11,993,392,272, against $9,787,228,446
in the same week in 1943.
Outside of this city there was a gain of 12.9%, the bank
clearings at this center having recorded an increase of 27.9%.
We group the cities
according to the Federal Reserve Districts in which they are located and from this
if appears that in the New York District (including this city) the totals record an
expansion of 27.6%, in the Boston Reserve District of 8.1% and in the Philadelphia
Reserve District of 13.9%.
In the Cleveland Reserve District the totals register an
improvement of 17.9%, in the Richmond Reserve District of 18.3% and ih the Atlanta
Reserve District of 20.4%.
The Chicago Reserve District enjoys a gain of 25.8%,
the St. Louis Reserve District of 9.6% and the Minneapolis Reserve District of 14.5%.
In the Kansas City Reserve District the increase is 5.7%, in the Dallas Reserve Dis¬
trict 21.5% and in the San Francisco Reserve District 28.3
Complete and exact details
issue of next week.
We
4,294,288
——
41,616,000
Haute
45,435,510
2,349,453
Iowa—Cedar Rapids.
•'
Dos Moines.'
16,175,303
———
Sioux City
■
7,467,783
'.* 807,678
Illinois—Bloomington——_ ——7—.
•
—630,495,659
Chicago
y
Decatur
:
;
3,788,935
_
Total
24,357,033 !
31,782,122
:*
■1,572,312
1,642,158
14,186,314
11,406,933
-
4,541,478
.'
5,663,155*
390,913,457
2,280,288
+22.0
795,377,570
.1.
631,901,372
+25.8
548,031.076
486,441,058
166,000,000
130,900,000
...
1,986,790 >
1,745,384
Eighth Federal Reserve District- -St.- Louis—
Missouri—St.
+
3.4
77,288,800
+
11.3
70,088,683
57,676,572
59,140,786 V
+ 29.1
59,012,046
46,960,799
1,397,000
1,129,000
+ 23.7
903,000
709,000
378,820,150
Louis—.,
345.558,586
+'9.6
296,003,729
230,246,371
6.7
6,422,600
'4,109,686
11.6
_i
—
208,000,000
215,100,000
85,984,712
-
76,338,438
......
Kentucky—Louisville—
Tennessee—Memphis
.
'
Illinois—Quincy^—.
Total
cities).
(4
Ninth Federal Reserve
Districts:
J
5,611,395
5,256^574
+
171,552,553
153,753,097
+
59.628,129
57,156,728
+
4.3
125,751,475
47,599,419
38,115,265
4,497,081
1,844,546
2,264,639
1,739,583
+
98.6
3,905.305
3,170,091
+
6.0
1,501,502
1,170,426
2,672,335
1,833,689
+ 45.7
1,574,383
1,519,285
6,080,289
5,734,023
+
6,0
6,801,903
5,468,198
251,886,328
"227,738,333
+ 14.5
193,556,587
150,500,236
:
Minneapolis—,
Paul..:
North
>
District- •Minneapolis—
Minnesota—Duluth——
<
Dakota—Fargo.—.
South Dakota—Aberdeen.......
...■
96,947,285
;
Reserve
New
3d
Philadelphia
'_
1942
$
$
Total
473,431,367
438,030,770
8
448,392,640
6,452,796,647
5,057,982,439
+ 27
726,796,334
+ 13
755,026,646
640,266,530
296,891,582
+ 17
4,003,616,406
630,921,254
592,274.678
3,659,786,712
827,860,886
<+18
267,718,217
20
364,260,332
284,687,734
Hastings__„.^_—_.i_._„___^
+ 25
486,441,058
Lincoln....'-.y ;
150,500,236
12
—
4th Cleveland
10
—
44
7
—
—
44
6th Atlanta
351,267,139
6
—■
5tli Richmond
44
10
—
—
..
+
.
426,342.655
513,322.854
795,377,570
+
44
378,820,150
345,558,586
+
9
227,738,333
+ 14
4
—
7
—
9
iiOth Kansas City
44
•,
10
-
44
•
Outside New York City.
We„ now add our detailed statement
for four years.
275,877.043
+ 21
+22.5
+12.9
9,787,221,446
4,909,253,862
St. Josenh
1943
1944
Nov.
the
.
—
Inc. or
$
3,472,677
+ 19.9
7,118,196
356,186,655
1,079,174
+ 14.5
394,635,239
+ 51.2
836,565
+ 46.1
388,228
1,457,850
4,366,603
1,089,697
3,634,047
2,870,614
+ 53.7
2,428,852
3,723,261
2,363,237
4,413,547
Connecticut—Hartford——!—18,021,727
New
:—•—
—
Haven
New
—56.4
37.7
+
598,499-
Total
302,720,600
Federal Reserve District
Second
-New
12,380,569
:
5,368,752
13,136,900
731,465
7,996,418
—13.8
1,507,357
+44.4
5,562,926
1,493,608
15,276,376
2,176,865
80,710.000
74,588,000
+
8.2
60,700,000
48,400,000
Elrnira—————-—-
1,569,878
1,310,909
+
19.7
Jamestown-—
1,543.918
1,108.850
York—Albany——
-
New
-—
York
6,890,764
•term???-
—
Rochester
————.
Syracuse—<+.—
j
.
Connecticut—Stamford—
New Jersey—Moritelair—
666,208
Total
New Jersey—,
rrt—t——
275,877,043
186,203,340
0,452,796,647
Third
Federal Reserve
1.027,054
27.9
+ 22.8
+ 23.6
2,454,469
112,804,000
2,092,125
87,124,876
13.1
15,065,553
7,550,369
;
1,961,531
3,658,000
1,618,807.
6,835,349
5,697,196
193,845,548 ;
/——
;
802,000 ,000
2,306
:
257
3,739 549
2,183 536
478.563
+ 14.0
+
29.6
29,489,980
39,481,704
+ 31.3
41,618,774
27,200,850
5,057,982,439
+27.6
3,659,786,712
4,003,616,406
464,904
f1 170,671
517, 370
1,377,837
38.0'
'+18.9.
+
521,841
1,429, 333
10.0
510,863
482, 894
i! >27.0
1,491,770
1,451, 773
+13.1
616,000,000
541,000, 000
+ 57.7
1,535,262
1,405, 703
'+35,5
2,352,526
2,516, 391
37.3
1,184.213
1 038;712
'1
742,620
709 .000,000
"V1 462,213'
'•'-2 760.113
2,255, 284
10,115 500
809,565
+ 24.6
1,862,879
'""5,,699,800'
+ 77.5
4,141,000
3,792, ,500
827,800,886
726,796,334
+ 13.9
590,799'.
+
"
1
Oregon-^-Portland.
*
Utah—Salt Lake City...:
California—^Long Beach—
2,607,826
102,676,101
34,762,762
9,194,964
Pasadena—
>./v
....
—
(10
—
cHies)
"■
Fourth
Federal
*
630,921,254
\
,
555,368,644
District- -Cleveland—
Reserve
Cleveland
—
Columbus
—
;
Youngstowu.
236,428,591
2.426.715
'
(Pennsylvania—Pittsburgh
Total
259,631,561
(7 cities).
+ 21.5
17,189,100
3,947,663'
312,822,248
755,026,646
v
2,568,768
,
3,229,617
2,943.295
+
4,643.403
112,580.287
21,221.200
Mansfield
112,820,486
2,019,421
1,513,201
92,674,932
53,506,986
34,457,358
+
0.9
33,363,672
25,827,294
5,081,411
11,497,814
—20.0
1,803,641
+ 211.3
'
+
2,834,594,
6,035,483
4,988,184
658,649,344
513,512,157
I
+
6,958,192
3,005,817
35.8
+
6,741,768
2,282,311".
Santa Barbara..—.....
60,177,322
84,650,502
-
+ 25.3
279,539,000
San Jose
.
<10 cities)
Totnl
11,993,392,272
Grand Total (111 cities)
5,540,595,625
Outside New York.—
22.5.
3,409.433
f
4,996,094
3,700,798
1,398,219
: +21.0
!*"/1,662,255
4,916,642)
+-24.2
•
.
192,457,000
275,136,000-
'■*
+28,3.
509,119,491
4,276,745
32.6
110,992.570
87,670.813
+
9.8
212,355.254
+ 23.5
13,543.100
5.5
3.158.653
—
,'4,396,434
—10.2
262,459,947
+ 19.2
640,266,530
+17.9
4,513,941
244.481,543:-
592,274.678
-351,612,445
8,271,059,718
+22.5
9,787,221,446
4,909,253,862
7,021,931,904
4,432,688,729
+12.9
3,501,984,262
•Estimated.
\l
Montreal Curb Market
yr;i
0(611'
'.
a'>
,
-:v
(Continued from page 2326)
j ,.:0 :?r.:jlitis,:.v: v'.v
t. ;q
'
Quotations
.,
for
Friday
lo'.tO i'-.
Friday Nov.
24
Sales
Week's
Last
Range
tor Week
Sale Price
of Prices
Shares
Par
)
.
"T.i.'i"';'
159,980,006
M
12.719.800
Low
Ra nge
Consolidated Gold Mines Ltd—.1
Joliet-Quebec Mines Ltd...
1
.Labradoiv Mining & Exploration.---./.I"
3',2C
Gold
.——*
__1
Field.
9c
Since January!
87c
High
Gold Mines Ltd.
1
—_—1
Gold
Ltd
1
Ltd
Mines
Gold
Mines
2.60
1'aC Jan
1,000
3c
24,000:
6c
July
15c
Jan
87c
800*
,
93c>
1.51 May
Ju'v
89c
29,800
3.50 July
Nov
97c,
Nov
1.55
1.55
600
1.55
Nov
1.55
2.10
Mining Corp of Canada Ltd.—.—*
Normetal Mining Corp Ltd
*
Perron
9 V>C
-
Lake Gold Mines
McKenzie Red
O'Brien
y
'
3 Vac
7 V2c
2.40
J-M
Louvicourt
High
■
2.10
400
2.10
Nov
2.10 Nov
Sep
80C
62c
66c
100
2.15
1.16
62c'
2.30
2,300
1.12
1.16
1,000
92c
May
6,000
42c
Mar
65c
66C
62c
1.38
Nov,
Jan
4.35 Jutv
Jan
1.35 July
■
1.25 Julv
'
Springer Sturgeon Gold..——j._—*
1.30
1.30'
500
1.30
Sep;
——1
2.77
2.77*
200
2.62
Nov
4.35 Aug
1.47
1.69
19,128
1.26
Oct
1.95 July
Mines
Towagmae
5,640,595
149,336.664
1
5,000,575
"
81,931,609
379,483,000
8,260,983
Steep Rock
Consolidated
Cincinnati
141,288,265
35.3
+
5,614,868
;
Francisco.—.^.
Sullivan
Ohio—-Canton
+ 21.2
87,662,646
Siscoe
•
Jersey— Trenton
5,756,438
+21.5;y;
159,531,878
3,527,733
1
358.583
22,345,079
1,172, 400
1,600, .280
Wilkes-Barre
Total
1,263,930
20.0
+
106,258,856
....
5,530,683
8,314,352
„
'
28,274,271
2,213 ,583
Scranton—
New
14,352,980
2,986,000
1,269,805
—
Francisco—
Reserve District—San
Federal
Yakima..
986,563
'
yj.
/
3,338,000
+
9,110,788
7,581,595
9;4
—
'*.'584,458
,
934, ,423
_———
9.4
+ 21.2
17,057,165
3,519,947,642
10,555,486
5,604.421.
+ 51.8
+ 21.4
6,423,858
■■,■/:*.'
3,838,370,989
+
11,238,663
769,612
1,133,010
'
Philadelphia
-
'
720 ,338
"
1,392 ,416
Reading.
5.7
+
2,58^710
—
District—Philadelphia-
Bethlehem.
Lancaster.
322,668,810
3,503,655
v
128,917*000
STOCKS-
Pennsylvania—Alt'oona————
—
1,546,184
'
36,657,120
51,847,438
J
cities).
(12
.
'
—...
Northern
-
+ 39.2
4,877,967,584
6,239,079,754
17,054,851
7,799,803
;;;■ .* 6,799,958,
...
■
Newark
585,983
718,485
1,446,084
933,554
York—
Bingham ton—a—
Buffalo-—
938,022
.
1,908,601
3,951,938
3,173,902
(6 cities)..—
Twelfth
345,933,238
448,392,640
8.1
+
—>-«■
New
1,333,126
7,944,370
:
3,314,356
Brockton
.
5,601,585
7.0
+ 34.7
.2-
.......
Washington—Seattle.......
San
438,030,770
473,431,367
cities)
(12
Total
46,340,700
.
22.1
+
6,100,579
20,211.000
823,297
•
—.
2,511,969
;
12,917,102
5,055,957
18,877,100
688,326
+ 25.5:
14,360,475
j.7,450,747
—■
—
Island—Providence
Hampshire—Manchester
Rhode
—15.5
1,257,093
+
159,262,000
19,298,410
......
—
Wichita Falls.—
,
999,579
+ 33.0
129,757,899
i Louisiana—Shreveport...........
.478,964
+ 11.4
191,549,296
+
—
867,979
457,665
5,806,869
Worcester
649,963
8.4
Galveston.—
y:"
723,331
218,248.679
6,713,670
1,344,165
Fort Worth—..
:
4
4,162,181
Massachusetts—Boston——
:
407,734,528
Fall River
:
1,631,531
Lowell e———, 668,783
New Bedford—————————
1,623,747
Springfield
*
+19,5
739,279
-
,
883.410
—
'
64,741,254
2,634.966
4,799,298
42,441,644
3.8
'-.y
9.1
Eleventh Federal Reserve District—Dallas—
1941
1942
Dec. %
District—Boston-
:
Maine—Bangor.—
Portland
$
$
0.7
—10.1
341,107,793
Dallas——
18
'
Clearings at—
First Federal Reserve
79,738,589
3,096,345
6,817,166
236.642,017
City
Texas—Austin
Ended
3,101.585
—.....
week ended Nov. 18
Week
*130,000
3,907,101
2,784,179
Total (10 cities).
showing the figures for each city for
*150,000
+ 23.8
Colorado—Colorado Springs—.....
Pueblo.
7,021,931,904
3,501,984,262
8,271,059,718
4,432,688.729
+ 43.9
267,474
.
...
Missouri—Kansas
351,612,445
103.550
222,395
+
'
Omaha..;
Wichita
112.820,486
+ 28
141,288,265
509,119,491
,
253,105
6,556,105.
.
3,945,816
80,292,284
•
245,102
364,216
...
Kansas—Topeka
186,203,340
513,512,157
11,993,392,272
5,540,595,625
—110 cities
—*
5
+
City—
4,886,590
Nebraska—Fremont.—
236,246,371
322,668,810
159,531,878
193,845,548
658,649,344
6
—
—-———-
-Francisco
631,901,372
(7 cities)
Tenth Federal Reserve District- -Kansas
449,057,211
203,274,429
193,556.587
44
37
—
Louis—
9th Minneapolis
251,886,328
341,107,793
'
.J'
555,368.644
548,031,076
296,003,729
44
7th Chicago
Total
:
345,933,238
cities
12
„
York
lith Dallas
S
Helena
1941
44
Boston
12th San
Inc.
Dec.
1943
$
''Vv '
:
«
1st
2d
8th St.
CLEARINGS
OF BANK
1944
Districts
Week Ended Nov. 18—
Federal
Montana—Billings—
Exploration
Wasa- Lake
Gold
Ltd——1
Waite
Mines..
Mines
Amulel
25C
25c
■
...
4.65
50rx
1.12
Ltd
Wright Hargreaves Mines Ltd
1.58
1.12
3.60
3.60
2.95.
2.95
'*
4.70-
1.12
16c
500
400
200
-
4.55
70c
1.55
Jun
Jan
30c
July
Feb
5.00
May,
1.15 Nov
Aug
'
L_* '
1
-
100
2.95
Feb
400
2.85
Nov
.
4.45 July
,3,840,010
'>3,402,973
Oil
,-179,500,314
Home
449,057,211
For
St<K'ks-i-:
Oil
Co-.
u
'•
'
Ltd*^rJ—
footnotes
see
>pagb "2*337.
*
;
3,478,333 7
4,680,958
y 2,781,999
—
•
462,005
563,440
430,038,4122,348,714 •
5,393,770
1,978,845
2,059,202
—
cities)
,
3,227,904 t.
10,292,031
+27.7
v-
(17
"
2,332,349
22,338,000
2,642,997
7,136,139
2,379,342
10,252.431
Rockford
Springfield
2,907,8491'
28,249,000
3,038,776
Peoria—.——„
'
;
-
10.448,369
———'
^
...
+32.6
' 33,444,000
+24.4
3,863,900 — 4.2
7,750,510
+34.8
34,502,415
— 4.2
2,136,053
+10.0
12,607,930 * + 28.3
7,082,311
+ 5.4
: V.
593,461 - + 34.4
503,403,322
+25.2
1,915,716
+97.8
6,166,042- +27.7
3,237,788
3,702,005
Bend—
Wisconsin^—Milwaukee——..
.)•;
St,
SUMMARY
■
-
our
by Federal Reserve
+ 20.4"
+22.8
Terre
following we furnish a summary
+
1,670,520
31,335,000 |
1,249,860
39,704,872 "•
+ ' 0.8
-
J
2,652,787')
""
30.7
"230,744 *
6,621,182
33,089,490
102,200,000
'
470,757
Mississippi—Vicksburg
9.5
$8,045,929,517
$9,917,013,073
+
'67,339,812:
4,840,491'
67,884,372.
6,182,131
——
35.3
+ 27.1
2,249,912 -+28:2
49,469,895. + 21:5-
2,883,955
Florida—Jacksonvilie.x
6.2
i Indiana—Fort:
Total all cities for week————
In the
0.8
—
,
296,891,582.
351,267,139
7
Total all cities, five days—^
in
,42,016,750
Augusta—
9.8
+
+
$5,154,433,606
1,561,595,064
$6,331,317,861
_—j——
five days——
All cities, one
f
111,278,567
—
five days-
57,032,510
1
+ 18.6
187,981,761
205,821,874
169,362,834
—————
.
.
220,086,000
•—•
—
Baltimore——
153,700,568
.
—.
Geo rgi a—Atl a n t a_
+ 29.8
$3,247,610,268
312,425,130
428,000,000
370,535,278
—
Cleveland
cities)'—.
Nashville———.
-
-
Francisco
2,099,695
190,971,864
Tennessee—Knoxvllle.
269,791,081
New
San
91,024,328
2,799,214
i Maryland—Baltimore
%
1943
1944
$4,215,317,175
—
90,289,976
Richmond
South Carolina—Charleston
966,841
7,038,000
75,845,588
2,282,686
141,149,325
40,435,777:
+ 26.1
6,637,000
911,780
y
"
+ 27;5
-
»
Clearinar*—Returns bv Telegraph
Week Ending Nov.25—
;
::
Philadelphia—-
'1,413,241
; Virginia—Norfolk—
:
(
i(
1,801,575
8,372,000
West Virginia—Huntington
v
1941
$
Dec. %
S
'
1942
Inc. or
Federal Reserve District—Richmond-—
...
Sixth
J
"•..
'■
Pre¬
increase compared with a year ago.
liminary figures compiled by us,
of the country, indicate that for
cities of the United States from
summary
1943
3.65 Mat
Volume
Company and Issue—
Statement cf Condition of the 12 Federal
Assets—
Gold
Nov,
19,784,215
17,962,865
565,310
17,980,065
559,621
130,406
239,735
due from U. S. Treasury
Redemption fund—P. R. notes—
Other cash—
241,887
310,149
—
Discounts and advances———.
473,663
Indus trialloans—;——.
6,742
7,988
O. S. Govt, securities r.
s
Notes.*
•V
.
2068
1,113,371
1,243,426
———«*•
{?':Total II. S. Govt, securities
; r (incl. guar. sec.>.
„
"% 10,363,875
17,940,951
18,410,524
*
•
1397
2181
1
1
2181
American Bank
Due from foreign
1860
1
1629
77,784
Bank
——■*
74,918
34,370
premises——————
59,632
Other assets-——
Companies, Ltd.—
Glen Alden Coal
<
21,104,084
Great Northern
16,131,382
14,557,417
21,255,147
Federal Reserve notes.
12,401,917
;
....
,
•••,..> 1
■
/
Member bank—reserve acct—
14,719,156 ;
.
1.264,326
—
ForeignOther—;
302,836
'
16,537,153,
1,482,906
11,407
Deferred availability items——
,
39,166,343
32,012,984
-
Capital Accounts—
Capital paid in——
—.
Surplus (Section?)——
160,769
——
Other capital accounts.—.
Total liabilities & cap. accts._
150,504
188,097
160,411
26,965
26.829
100,524
160,821
188,097
26,965
101,531
.
_
Burplus (Section 13b)
88,284
make
to
49.7 %
50.4%
4,466
indus¬
4,477
...
9,732
1
1
Below will be found
—Jan
Ohio RR.—
2
2
20.72
1
2184
The date indicates the redemption or last
ing tenders, and the page number gives the location
which the details were given in the "Chronicle."
Company and Issue-—
;
....1
*
1st mtge.
6Vi% bonds
1941—Nov 29
Herald Square Bldg?. 1st mtge. leasehold income bonds,
due 1948
Dec • 1
2067
1st mortgage 7s, due
1965
A&B-Dec
1
Dec 14
1970
Buffalo General Laundries Corp.,
Caribbean Sugar Co.,
,
■■
■
■
International Paper Co., 1st ft vet. mtge. 5s, ser.
National Terminals Corp., preferred stock—.
Transportation Co.—
Consol. mtge. 3%-6%; bonds, series A, due 2039—I—Dec 15
1972
Philadelphia
2188
1527
'
■
2073
2
PARTIAL REDEMPTION
.
.
bonds,
Refining Co., Ltd., gen. mtge. 6%
..
Dec
1954
due
Algoma
20.73
stock
and bonds, due
Ext. unfied mortgage
—..Jan
-Jan
3(4'o bonds
3(4%
trust
bonds,
due
1950
General
mortgage 334%
bonds,
Central Nev; York Power Corp.
due
1962
1
,,
mtge. 3%"%
1860
1
1
conv. 312% debs., due 1951——Dec
10-year 2(4'%? debentures, due 1950———Dec 20
Ltd., 1st mtge. 6s, due 1952-.—
Jan
1
Elk Horn Coal Corp., collat, trust 4% fconds, due 1956—Dec
1
Pood Machinery Corp., 3%
debentures—
————Dec
1
General Shoe Corp., 3(4 % debentures, due 1956-——„Dec - 1
General Water, Gas & Electric Co., $3 preferred stockIowa Southern Utilities Co. of Delaware—
' :
Consolidated Oil Corp.,
1966
1293
Lafayette Hotel-Co., 5%)
Products Corp.—
1
1st mortgage 4s, due 1964—-Dec
Corp.-—
•*' v./'* \
~
**'*":■
4% 1st mortgage leasehold bonds, due 1955——
-Dec
Ottawa Valley Power Co., 1st mortgage 4s, due 1964—i-Dec
1,
Pennsylvania Glass Sand Corp., 1st mtge. 3(!»s, due 1960 Dec
1
Phelps Dodge Corp., conv. 3 (2 % debs., due 1952-*,—— Dec 15
Pittsburgh Steel Co.—
.....
v
1st nuge. bonds, 4(2%. series,, and 1st mtge,. bonds* ; %•
4%%;, due 1950
1st mtge. 5s,
Edison
1972
G36
.
2076
2076
Street
due
4(28.
due
Union
2005
1
Salmon River Power,Co.,
1
ft Bros-., Inc., 1st pfd,
.Spalding (A. G.)
Investment
Co.,
1st preferred stock
Hamilton, Ltd.—1st mortgage 5 (4s, due 1958—:
Welch Grape Juice Co.,
1st
mortgage,
;—
7%
stpek
—.—.-Feb
It
5s, 'due
'>
Wieboldt Stores,
Inc.,
$5 prior preferred stock——Dec 30
ENTIRE
ISSUES
2187
•
V)
Allegheny Ludlum
Arkansas
1st
Power
and ref.
Atchison,
&
Steel Corp., 7%
Light
preferred stock!
Dec
Page
1521
series, due 195G-——Deo
Topeka & Santa Fe Ry. Transcontinental
1st mortgage 4%-50-year bonds
—.;
Jan
Short Line,
1626
1962
Atlantic Coast Line RR. of So. Carolina—
General
1st mortgage, 4%
bonds, due 1948
-Jan
2178
12-
1
11-25
$3
12-
1
11-24
50c
12-
1
11-2'4
15c
12-U
12-11
:>:25c
1-15
12-23
25c
12-18
(quar.)————•
(quar.)
(quar.)
4-*..
—;
$1.75
tH
$30c
———
(initial)
Jan
Dec
'4
$ln Volume 159.
are
first
we
B
(initial)—4—.
—4-.——
:1:20c
,
•
we
Cold
Then
under the
and
Gold"
beneficial
of
company
name
12-15
2'
12-15
1-
12-
12-
1
12-
4
1-
12-12
1
12-
1- 2
<
2
11-22
$25c
II-30
$37c
11-30
II-22
12-15
11-15
40c
;
12-15
12-15
:
$3c
27c
68c
1
—
11-30
2
12-15
1-
12-15
12-
1
1- 2
12-
8
50c
12-26
12-
8
15c
12-23
12-: 1
12-23
12-
li
$1
12-20
12-
5
$29.25
12-15
11-2*7 (
—r.—
—
(year-end?——
Securities, Co.,
(year-end)
com.
M
2
12-20
12-23
12-15
1-
$1,75
7%
$1.75
1-
2
$1.50
12-
8
12-:, 1
60c
12-
8
11-24
60c
12-
8
11-24
50c
12-27
12-
5
12-27
12-
5
12-15
ll-28(
preferred (quar.,)—)
4—-4—4—%.
Cluett Peabody & Co., common (year-end) —
50c
preferred (quar.)——
Coleman Lamp & Stove (year-end)
—
Columbia Broadcasting, class A (year-end)_
B
1
year-end)
Commercial Credit
—
Co.,
common
(quar,)
preferred (quar.)—
Compo Shoe Machinery, com. v.t.c,
—
$1.06 (V
15c
(quar.)~
12-22
62 %c
12-15
11-28
25c
12-27
12-
a
20c
12-11
12-
8
$1.31(4
—
62%C
(accum.)-,
1-15
(quar.)
$2.50 preferred
2006
—
Consolidated Film Industries—
$2 preferred
(accum.)—--—
—
Cornell-Dubilier Electric Corp.,, common^-
,
'
.1743
preferred
Crown
pfd.
5%
Hammer,:
—4———
Dejay Stores, Inc.n—
International
Steel Products
Detroit
Diana
2116
$1.50
Dr.
1781
conv.
Pepper
Drummond
Dun
2116
Co.,
25c
11-27
■'
12-15
12-18
12— 9
12-11
11-30
•''■"15C
••
12-11
$$1.50
(accum.)
11-30'
12-23
12-2
1
11-20
75c
12-
25c
12-15
37>/4c
12-11
■
(quar.)—
$1.50
4—4—
1-
11-30
11-20
,12-15
2
11-27
12-14
2009.
duPont
(year-end)
$1.50
$1.12%
1-25
2009%
$4.50 preferred (quar.)————
East Malaanoy RR.-Co. (s-a)
$1.25
12-15
O.TV
,
r.i't
de Nemours
& Co.,
com.
Malleable Iron (year-end) _—
Eastrti'a.n Kodak Co.; common (year-end)
In the
Further details and rec¬
in our ."General Corporation
Departmeiit/^ih the week when
(quar.)-.;
5
,
————
12-
9
11-24
$2
—
§;%>4pre(erred (guar.)*-'————'
4Eas'y4f\yashing Machine Corp.—
4
Q(a,s».; A'.jt' year-end) 4
4—..
Qiass B '(year-end)—.—
!——
—'
Eleqty'ographic Corp., common, (year-end)-i'.'c ' preferred
1-10
'12-
75c
Eastern
1-
2
12-: 5
1-
2
12- 5
25C
12-26
12-12
25c
12-26
12-12
25c
12-
1
11-22
$1.75
12-
1
11-22
$1.50
-
r
12-1 5
50c
Co,1 (year-end>
Realty (initial)-.;———
(quar.)—;
2
12-15
12-26
20c
Street
preferred
12-
2
1-
Ltd.—
class A preference
Bradstreet, common
&
$6
<quar.)4
Construction
Steel
Disher
2116
(quar,)———4—4—.-4,
11-20
12-11
25c
(year-end)^————
Corp.,' common
Stores
preferred
6%
11-30
11-30
25C
,
Bridge—
.Corp,' ■ ^—4—^---—4
Steel
•Detroit
12-15
45C
inc/; (year-end)—
12-15
12* 2'
4c
——————
r
Corp.;'class A (quar.)--—-
Capiul
12-22
25c
Corporation
Crosley
Cutler
A
Petroleum Corp.,
Cosden
1531
>
1
12-15
7%
2188
•
1
12-
,11-30
15c
—
(quar.)—
4(4%
i.
12-
2
1-
75c
Strip.
Ry, Co,
——
Detroit
1
12-12
,
'
$1.75
$S1.75
interest
Mail Order
Christiana
2005
1743
1
1
1-2
.
Mines
preferred 4——
Chile Copper Co.
dividend payments in many cases are given
Investment News'
.declared.
paid.
1
2
15c
1299
dividends previously announced, but
which have not yet been
1
12-
12-11
(quar.)——.-
Storage
Chesapeake ft Ohio
follow with a second table in
we
12-
2
Corp.—-
ctfs.
Patricia
Extra
"
grouped in two separate tables.
show the
2
1-
$9.75
Coke
Chamberlm Metal Weather
2189
1
12-15
■
$37 %C
(quar.)
(s-aI_4—-;
.
preferred
4.15%;
-
1972
207?
bring together all the dividends announced the
current week.
11-30
2
1-
t30c
—„—■—
—
(quar.)—-——
Central. Vermont Public Service—^
»
.
1-
Shipbuilding &. Engineering—
A
30C
12-15
12- 5
80c
12-
9
11-30
$1.25
12-
1
$1.25
12-
1
tyear-end)
Erie ft Pittsburgh RR., 7% gtd. (quar.)——
Pennsylvania State tax of 7(4c has been
Emerson
ord of past
Co.—
mtge. bonds, 5%
Co.
preferred
$5.25
DIVIDENDS
y
Dividends
which
Date
Company and Issue-
11-25
SI.50
(quar.)_
1
Central
4
*
CALLED
1
11-24
Central
..;n
,5
2117
12-
.(liquidating)
Telecoin Corp. 5%
2190
11-20
40c
,4
-V/I
»
2008
1
40c
1
Jan
1946——
c-«.'v.-r
.
Inc.— 1
^Announcement'in-this issue.
2115
12-
.
preferred
4%
2186
1
'
—-_Jan 15
Dec
1
——,
12- 1
5c
—
12-20
,
.
12-23
12-15
?$1.25
$30c
1972
1
preferred stock——_—-Nov 30
York Utilities Co.,
Western New
2080
convertible pfd. stock-—al—
Dec 15
Thermoid Co., 4(4% 1st mortgage bonds, due 1958—.—Dec 15
Toledo Edison Co., 3(a% debentures, due I960——;
Dec
1
Twentieth .Century-Fox film Corp., pr. preferred stock-Jan
2
.—
common
I-15
■
9
United Gas & Fuel Co. of
2006
1st mortgage 5s, due 1952—Feb
11-30
15c
12-
leasehold
—Dec 15
City Rapid Transit Co.—
44/
refunding 5(4s, series B_—
1st lien and refunding 5(4% bonds, series A
2079
1972—Dec
12-15
t$2
•
12-
Class
^
Puget Sound Power & Light Co.—*
mortgage
11-30
12-24
2188
1st lien and
.
1st
11-30
10-17
1532
2005
1
I-15
12-15
12-15
30c
15c
(quar.)
Co,,
1-30
37 (4c
$1
due 1952—.—Jan 12
' ;v
Co.—
12-20
3
12-21
1
1949——;
Pacific
1-
50c
t223?
2005
2188
12-15
'
dep. rets, for 5(4%
Chicago
1
"1
Spalding (A. G.) ft Bros., Inc., 2d pfd. stock———Feb
5
2078
15
12-
12-30
SI
City Products——:
.—._
Transit •——;
————■
Case (J.- I.) Co., common 1 year-end)
7%
preferred (quar.)————:
—
Cassidy's, Ltd., 7% preferred (quavx)——
Catelli Food Products, common (year-end)—
2006
mtge.
4
12-18
t$2.50
(quar.)——s
Canadian Silk Products $1.59 class A
2006
1st
1
75c
———
Society———
5%preferred
„
1
12-
12-15
10c
1
12-
12-12
2
Capital
2
Corp.
1-
35c
Ties—
Central Coal ft
,
Bldg.
12-
12-15
12-14
1972
series E, 5% and series F, 4(4% -Dec ;lt
—
12-12
2
12-11
25c
4"
-
I-
50c
Capital
gold bonds—Central Pacific stock coll. due 1949—Dec
2006
Inc., 5% debentures, due 1951—..Dec
Public Service Co, of Colorado, 4% debs., due 1949
Dec
8
12-20
2075
5
& Sons, Inc., 1st mtge. 6% bonds—'-Dec
Joseph of the Diocese of Peterborough (Ont.)—
—Jan
2
Church
4%
2006
Pressed Steel Car Co.,
Corp
Pulp & Paper
'
1
12-
25c
.Southwest Telephone Co., 1st mtge. 6s, ser. C, due 1947_Dec
"2077
1
12-18
50c
2075
...
1
50c
•
series A,
Co.—
bonds
Southern
2005
—Dec
8
2075
(H.)
Sisters of St.
4(4%
due 1950—Dec
—
Electric Co.,
4(4s,
mortgage
Schoenstadt
2185
,
series C,
5
12-
-.4—
(year-end)
,
Co.— .;./
Twin
1
1
12-
2075
—
55th St.
Portland General
1st
bonds,
Ohio Water Service Co.,
12-
12-20
$2.50
/
(quar.)——
Class
2075-
Restigouche Co., Ltd., 6% s.
mortgage bonds—Jan
Roos Bros., Inc., preferred stock—Feb
Ruddy (E. L.) Co., Ltd.—
6(4% 1st mortgage and collat. trust debentures--^.—Jan
1968
■
debentures, due 1949—
_—
Dec
5
Nehi Corp., first preferred stock—
%—————Jan
1
Northwestern Barb Wire Co., 1st mtge, 5M>s, due .1945—Dec 22
East
1967
2185
debs., due I960—Dec
12-14
12-18
,
II-21
44 %
mortgage
1st mortgage bonds,
2183
1st mtge; bonds, due 1947—Dec 15
4% bonds—Jan
1
7-year 3(4%
One
2070
I
1966-—'-——-———Dec
National Dairy Products Corp., 3(4%
Distillers
:
Potomac
1970.
Louisville & Nashville RR,, .unified mtge,
National
;
5
5 3/lOc
1
1st mtge. 5s, due 1352——Mar
Pittsburgh Coke ft Iron Co.—
2069
Eastern Car Co,,
Y.)
Class
3(4% bonds, due 1967——Dec
Pittsburgh, Cincinnati, Chicago ft St. Louis RR.—%:•.
General mortgage bonds, series C; 4(4%, due 1977—Jan
1966
Crane Co.,
4',2 %: debentures,; due
and ref.
1st
Dec 30
————————————
Radio
Canadian
:
*
c' .4.-^4-..%y
mtge. 334s, series H, due 1961————-..Jan
1
Philadelphia Electric
bonds,
Cincinnati Gas & Electric Co,, 1st mtge. 3%s, due 1967-Dec
———
preferred
0%
Electric Co.—v;; '■
Pacific Gas &
12-
15c
1530
1965
1
12-20
preference——
2074
Products Corp.—
due 1949 and
Oregon-Washington RR. & Navigation Co.—
4.,-,
1st and ref. mtg, 4% bonds, series A and B, due
1st & ref.
1962————Deo 30
due
gen.
Dec
1
12-
(accum.)__————-—
Canadian Cottons, Ltd., common (quar.) —
2074
1
1
Dec
1953
Ozark Power ft Water Co.,
Niagara Electric Corp.—
Gen. ft ref. mtge. 3xk% bonds, ser. C, due 1967—
Central New York Power Corp.—
I
12-
2
1-
25c
——_
i.k
preferred (accu)ii.)_—4
5%
Brummeli,
6(4'4
RR.—
977
Buffalo
12-15
12-
Campbell Wyant- & Cannon Fdy.
'Canada Cement Co., Ltd.—
1633
1
1956————Dec
National Refining Co., prior preferred stock
Dec
4 New York Central RR.—• '
:;v
''.''t r
15-year secured 3(4% bonds, due 1952——,———Dec 27
New York City Omnibus Corp.— t
•/.'%
New York Railways Corp.—
/(. '/
Prior lien mortgage bonds, series A. due 1958——Jan
1
NY PA NJ Utilities Co., 5% debentures, due 1952—Dec
3
16
2
12-13
37(aC
.
——_
Telephone Co. of Canada
Amer.
.
1959-—-——.—Nov 30
(quar.i
(N,
Works
California Ink
Serial debentures,
Ltd.—
Central Terminals,
Debenture
Page
Date
Company and Issue—
1-
11-16
12-13
$1
Bucyrus-Erie Co., common (year-end)——
4:47%- preferred1 (quar.)_a-.-4--i.,_44^:-«i^—.
Cable ft Wireless (Holding)
Ltd.—
%
Nashville
Bread,
Brompton
.
•
AcatUa Sugar
(s-a>--—
(quar,)-—4
——
Blackstone Valley Gas ft Electric—
6% preferred (s-a)
———1—;
Brager-Eisenberg, Inc. (quar.)——,————
Broadway Market Corp.4:——
——4
v''-1- «
( 1
National Dairy
1
(year-end)
'(quar,)—
Co.
Black-Clawson
1736
1
—Feb
Prior preferred and
—
1
12-
$1.25
Co
i.—
Alarm—.4——-ik—*4~-i4
Fire
Beneficial Loan
Rys.
cumulative' pieferred stocks———Jan
1st mortgage 4(4% bonds, due 1968—Mar
f : 1st mortgage 4%; bonds, series. E, due/1971———Apr
1st mortgage 4% bonds, series G, due 1965
.—May
Missouri-Illinois RR., 1st mtge. 5s, series A, due 1959—Jan
Mobile Gas Service Corp., 1st mtge. 334s, due 1961-—Dec
Mortgage-Bond
Co. of
Maryland, Inc.,
collat. trust
bonds, due 1953—
—————Dec
Page
Date
<
Refining Co. 1st mtge. 4%*s, due 1956— —Dec 30
(N. Y.)
Mining——
Trust
Belmont
**
■
Metropolitan Edisoa Co,1—-
NOTICES OF TENDER >
Atlas Oil ft
1402
1633
,
12-
50c
'2185
due
in
8
12-J5
25c
(Formerly Old Colony Trust Assoc,)—
Bayuk Cigars (quar.)—
6%
Maryland Mortgage Collateral Corp. collat. trust bonds,
date for mak¬
12-
30c
L4-—
4.' '
Corp,——4—4-
Works
Iron
Beau
collateral
2
2
1-
Baystate Corp.—
Bell
10-year
2
12-
35C.
—
Bath
:
'
1953———4—Jan
3V2%, & 3(4% 1st mtge. ft collat. tr. bonds, due 1961-Dec,
4
(S, H.) ft Co., special preferred :stock_.-l—T%—-Dec 14
-
preferred and common stocks called for redemption,
including those called under sinking fund provisions.
2
12-
12-14
50c
Drop Forge
Barkers
2072
Louisville ft
12-
12-21
S3
Tobacco
Refractories, Inc
.Baldwin. Locomotive Works—
2072
Co.—
12-21
75c
Birmingham ft Coast RR.~preferred (s-a)
5%
Bankers
2072
Jan
Lehigh Valley Transit Co.—
1st mtge. 4% bonds, series A, and 5% bonds, series B
due 1945
—L
;
Dec
list of corporate bonds, notes,
a
25c
—-
Steamship
Mills
Duck
Copper
Atlas
1526
1
La France Industries, 15-yr. 2nd mtge. bonds due 1956-Dec
,
12-27
Surety Co.
Automatic
Kress
Notices
5
1-
25c
9
Atlanta
,
1526
.
$1.12(4
4—a/—*
(quar.)—. .,—~r
Growers!
—
Metal
Art
1526
'Kimberly-Clark Corp., 6% preferred stock—-i.-.- — Jan
Redemption Galls and Sinking Fund
Anchor
Andes
1526
1
1st mtge. 4s, due I960———Jan
1
Keyes Fibre .Co. 1st mtge. 4 (4s, due 1956—4————--Dec 20
%
12-
12-30
Anaconda Copper Mining Co.
1969
Koppers
12- 6
2
12-13
Sumatra
American
1526
Jan
Jan
Kansas City Terminal Ry.,
...
1-
50c
American
1P67
—.Jan
of Central America—
1st lien and ref. 6(4% bonds, due 1947
trial loans————
12-28
6
1-15
Hawaiian
Quarterly
bonds, series A-—-Dec
1
6% bonds_„..„__——iDec
1
Hey.wood-Wakefield Co., 5 %. debentures, due 1946Dec
1
Houston Lighting & Power Co. 1st mtge. 3(4s, due 1966_Dec 20
Hudson River Day Line, 1st mortgage 6s, due 1946-—Dec
1
65.8%
6
12-
12-28
Basic,
preferred stock—
collat. trust bonds, series A, due
International
12-
$1.50
1967
1
P. R. note liabilities combined
Commitments
1630
1st. mortgage 20-year 5%
deposit &
Ratio of total res. to
8
2
1-
pfd, (quar,)—
pfd. (quar.)—
(extra)—
—
American States Insurance (Indianapolis)—
General mortgage
32,439,012
39,642,698
39,764,027
,
12-
25c
5%
Co.
8
11-24*
12-22
20c
American Paper Goods
Hacken,sack' Water Co., 7% preferred stock————Mar 30
Hamilton By-Product Coke Ovens, Ltd.—
v.'j
3%%
;
12-
12-11
30c
Ry.—
Mobile &
.Gulf,
Total liabilities—
Watch
Gnten
8,290
2
40c
12-20
196?
19G9
——
1,252,968
1-
$1.75
20c
American
1968
Grey Nuns of the Cross of Ottawa—^
3(4%-4% bonds, due 1946-1957—
4(4% bonds, due 1945-1960-^-——-,-—.——--^
14,620,344
...
divs—
Other liabs., inch accrd.
16,165,085
1,885,928
11,246
39,286,613
Total deposits——
12-' 8
25c
1967
trust, 4% bonds, due- 1952____——-—„^._— Jan
Eastern. Ry. Co. of Minnesota, Northern. Division
1st mortgage 4%
bonds, due 1948
4-—-r-- .—Apr
*
2
35c
Fruit
■
Collateral
1,398,404
340,814
1,244,736
243,564
■
1-
75c
Hardware
2071
mortgage 4(4%.bonds, due 1961——
mtge. 4% conv. bonds, ser. G & H, due 1946—
Gen.
•
479,209
119,368.
250,835
U. S. Treasurer—gen. acct.—
SI.50
American, Ice, 6% non-cum. preferred (irfeg. )
American National Finance, ®1 pfd.——i—
1949—i.—!l—rDdc
debentures, due
12-15
:
2070
1st mtge. 5s, due 1952—Jan
5%
and ref.
1st
Deposits:
•
% :
1
-
1
2
*
Co., 1st mortgage 4s, due 1965———Dec
Gatineau, Power Co.,
32,439,012
Georgia-Carolina Power Co.,
Liabilities—
■;
,
1
12-
1-
(quar.)———
——Body (year-end
1967
1st mortgage bonds, series A———i——Jan
6% s. f. mortgage bpnds—
—.—
—Jan
'6% 1st mortgage bondp, series of 1936—
—-Jan;.
63,119
39,642,698
39,764,027
Total assets—v
38,349
Prascr
12-
12-3,5
"
ref. mortgage bonds, series A, due 1948—.——Jan. 1
6% ref. mortgage bonds, due 1948————————-Dec; 1
;Erie RR. 1st consol. mtge, 4% bonds, ser. C, duo 1959—Dec 20
;
12-15
$1
———
(year-end) ';
preferred
American
2069
.;
1.621,943
common
Crystal Sugar,, 6'»
American Fork ft Hoe, 4(4%
Eastern; Massachusetts Street Ry.—
67,534
2,386,580
34,389
58,739
20c
37 %c
American Coach &
American
1
Duke Power Co. 1st & ref. mtge. 4% bonds, due 1967~lJan. l ^.VEagle-Picher Lead Co., 6% preferred stock—_—r—-4— Jan
1
,
Uncollected items—
6%
Note,
of Rec
Co.—
American
Albany Metropolitan Hotel, 1st mtge. 6(4% bonds—_Dec
136
1,933,266
P. R. notes of other banks-
Common
1860
2181
DeWitt Clinton Hotel, Inc.—
10,423,161
136
136
Bearing
—
4(4%
18,306,363
18,890,929
Total loans and securities—
Roller
Aetna-
.
25-year 6%--mtge. bonds, series A, due 1948———-Feb
693,400
1,569,218
ft
Common
(initial)
;5% preferred (initial)-!
—1-44
Supply Manufacturing, "class A (quar.)
Alabama Power, $6 preferred
<quar.)4
$7 preferred (quar.)— 44
Aluminum Goods Manufacturing (year-end)
American Agricultural Chemical (quar.)
4:2299
Cigar Corp., 3(4% debentures, due 1953—NoV 27
Danbury ft Bethel Gas & Electric Light Co.—
6,257,707
1,843,550
11,680,664
3,905,490
1,111,371
1,243,426
12,085,737
3,967,990
Ball
Payable
Share
Name of Company
:
Aetna
Co.—
Edison
-
Holders t
When.
Per
-
-
2180
1st mortgage 3(4s, series I, due 1968
Dec
5
Community Public Service Co.. 1st mtge. 4s, due 1964—Dec 15
11,767
*
,
Industrial and Miscellaneous Companies
-
Consolidated
———
Bonus^.—.
47,610
,■<
,
mtge, 4(4% bonds, series A, due 1977——Jan
ft ref. mtge. 4(4% bonds, series B, due' 1981—~Jan
Commonwealth
■
BillS.,.,..
Certificates———
,*r
2179
9
& ref.
Gen.
20,224,770
18,781,573
357,424
18,767,910
——
The dividends announced this, week are:
Date
;
———Dec, 22
—
—
Cleveland & Pittsburgh RR.—
Gen.
Total reserves
% '
•
Light Co,—
r
•
1st mtge. & 1st lien 5(4% bonds, due 1953—-xDec 16
Central Vermont Public Service Corp., $6 pfd. stopk—-Dec
4
Chicago, Burlington ft Quincy RfL—
Illinois Division mtge. 3(4% ft 4% bonds due 1949—Jan
1
Chicago Union Station Co.—•
1st mortgage 3%»s," series E, due 1963——————Jan
1
Nov, 24, '43
Nov. 15, '44
22, '44
1962
due
hand and
on
•
Central States Power &
thousands of dollars)
■./
certificates
1
California Oregon Power Co;, 1st mtge, 4s, clue 1966-.. —Dec
Central New York Power Corp, gen. mtge,'334% bonds,'
Reserve Banks Combined
(In
2320
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4337'
160
Radio & Phonograph
—
deducted.
Essex
Compamy
Eversharp.
(s-a)——4
(quar.) ——;—.——-—.r
Common
(stock dividend)—;
(quar.)—:
5%
preferred' tquar.)_.
—r——
Excelsior Insurance Co. (Syracuse, N. Y.)—
.5%
preferred
11-15
1-15
1-
5
5 %
1-15
1-
5
30c
Inc.,. common (qua?.)——
(stock dividend) ——
Common
Common
11-15
*
30c
4-15 "
4-
5
5%
4-15
4-
5
25C
1-
2
12-20
25C
4-
1
3-20
'
15C
12-22
.12,1 7
Fairbanks
Water
Federal
&
Corp
Gas
(San Francisco)—*
Fireman's Fund Indemnity
Quarterly
common
Fox
(Peter)
Brewing (quar.) __————
Galvin Manufacturing Corp.
(s-a)*~———
Gemmer Manufacturing, class B (guar.)-—.
General
Box
$3 participating
Co.
General
Cigar
Extra
Coal———
Ext/Lft
|
—
—
(year-end)
Gotham Hosiery Co.
Greyhound Corp.,
(increased)——
common
Extra
1-
Hammermill
Oil
(quar.)
Extra
Co
(year-end)——-
Inc.
Horder's
——
12- 9
5.6'5
12-11
12-
1
Pennsylvania Industries,
12-15
12-
5
Pepsi-Cola Co.
12-21
12-
6
Petroleum
12-21
12-
6
1212-
Inc. (year-end)——
Houdaille-Hershey, class A (quar.)——:**_*, V
Statler
Hotel
Class
(year-end)__
B
Oil Co. of
Houston
G'M
Co.,
——,
6 'M
Texas,
preferred—
(accum.)
preferred
11-29
12-21
1-
2
2
12-20
12-15
11-30
12-15
11-28
12-
12-15
1-
11-25
11-15
12-1
11-16
12-
12- 9
12-
Public
International
Salt
11-29
11-30
12-12
12-
1-
& Gulf Ry.—
Oklahoma
6'M
preferred
preferred
6'M
Kennecott
12-20
8
Real
Extra
(quar.)*
12-20
11-22
12-
12-15
—•————•
.
Kerr-Addison
._
■
(interim)
common, (quar.)—
Mines
Gold
Corp.,
5
9
(stock dividend)—
shares for each share held—
Corp.
Estate
7%
common*—
>
*****
Common
Co., common- (year-end)
convertible 1st preferred (s-a)_—
Mengel
YM
& Co.,
Inc., common—
preferred (quar.)—*
5V\<7o preferred
(quar.)
Merrimack Hat Corp., common
Common
(year-end)
Merck
4Valfa
8%
*
—
(quar.)
Oil Corp. (year-end)—
preferred
Messer
Mesta
*
(quar.)—*
*
—
Co
Machine
(H. H.) Packing, 6V4& pfd.
Mickelberry's Food Products (s-a)
(quar.)*
Meyer
Extra
——.—
Midwest Rubber Reclaiming, $4 pfd.
Middlesex
Class
Co
Water
Milwaukee
Terminals
Missouri-Kansas
B
Pipe
(year-end)
Line,
com.
Brass
(special)*
*
Monolith Portland Cement, 87o
Mueller
(quar.)
Co.
pfd. (accum.)
(quar.)
National Biscuit, common
National
Oats
Co.
(year-end)
National Safety Bank & Trust
Transit
Co
7c
12-
5
12-16
12-
1
American Chicle
-
1-
2
12-15
50c
1-
2
12-15
58 Vac
1-
2
12-15
*
25c
Canada
12-30
12-
67a
1-15
$1.25
12-22
30c
12-15
12- 5
12-15
12-1
25c
12-
8
12-
1
25c
12-
1
11-20
$$1
1-
2
12-14
American
12-
$1.50
1- 2
12-
1- 2
12-
9
-American &
12-15*
$1.37 Vi
12-26
12-11*
12-30
12-15
1-
12-
12-
8
:—
75c
12-14
11-24
(quar.)—*—*—_
22c
12-15
11-25
10c
12-15
11-25
American Hide &
6convertible
'
Scranton
12-14
11-24
12-
1
11-27
12-
Serrick
•
1^
11-154,
12-11
12-
12-
1
Southwest
2
12-14
12-
12-20
12-
12-1
11-24
11-24
11-27
9
12-29
12-
25c
1
11-18
1
11-18
12-22
11-29
12-22
11-29
12-28
11-30
Engine, common—**—****—*
Baer & Fuller, common
—*
1212-
Stix,
.
.
Common
Paper,
25C
12-15
12-
8
1-30
12"15
12-
8
Technicolor,
12-
8
1-2
12-
8
12-11
12-
2
Texas
Ltd.
(interim)***
9
12-20
,12-
9
25c
inc.
Teck-Hughes Gold Mines,
Tecumseh Products
12-
25c
2
12-15
'11-30
1
12-28
1:5c
.
;
—___*_**•
ioc
2-
Land
12-11
12-
shares
(year-end)
12-T
$1.50
$1.75
12-8
11-10
12-
8
12r2C
12-
1
11-22
25c
12-15
11-30
40c
12-15
12-15
,
preferred
15c
12-20
11-27
$15
12-20
11-27
11-30
11-18
American Steel
11-30
Travelers
(quar.)——***
$4
11-24
American Stores
11-25
12-28
12-18
American Sugar
12-
Corp. (initial quar.)
Union Wire Rope
(quar.)——***.
United Aircraft Products, common
(quar.)*
Y/z'M convertible preferred (quar.)—*
United Gold Equities (Canada)
(year-end)*
12 Vic
12-19
25c
12-15
12-
12-27
12-12
12-27
12-12
12-14
12-
1
1
12-15
Utah Hotel
11-24
11-24
12-
1
11-20
12-22
12-11
50c
12-27
12-
12-1
(irregular)———
50c
12-26
12-
Co.
$2
12-22
12-15
12-10
12-15
12- 5
12-
1
12-22
12-
1
12-15
12-
5
1-15
12-20
1-15
12-20
Wiser Oil
$1.50.
1 10c
40c
$1.25
'
' 25c
$1.12Va
$1.31V4
25c
25c
$1
25c
62 M>c
12-22
12-12
12-15
12-
1
12-22
12-
1
12-31
12-
7
12-23
12-13
2
12-13
2
12-16
$1.62^
'12- 1
11-20
12-15
11-28
10c
$1
50c
12-15
11-28
12-
1
1
12-
Wisconsin
1-
1-2
77o
12-
1
5
12-
1
'11-22
12-10
1-
12-
1
!
"12-26
12-15
12-
12-27
12-
8
1-15
12-
1
12-12
11-20
Acme
Steel
2
12-15
12-10
11-30
'1-
11-24
12-15
12- .1
Arcade Cotton
20c
1-2
12-1
12-
1
11-20
1-
2
1
79o
preferred
15c
(year-end)——*
Corp.
Mills,
common
*******
„
11-30
2
12-12
1-
2
12-12
$1.75
12"
1
11-17
20c
12-30
<$1,50
.
$1,75
'r 150
12-28
40C
12-18
12-15
-
2
Corp.
Associated
4
12-4
5<M
preferred
Companies
Share
50c
12Vic
15c
(quar.)*
When
Payable
Holders
of Rec.
12-12
11-10
12-12
12- 9
11-30
11-10
11-18
11-15.
■/•.., 1
*.
$1.75
1- 2
' 1
11-30
(quar.)**
Athey
75c 1st pfd. (s-a)***_
Topeka & Santa Fe Ry.—
—
Truss
Wheel Co.*—
4%7a preferred (quar.)*
Atlantic Coast Line RR,, common (year-end)
Atlantic Coast Line (Conn.)
(year-end)
Atlantic Gulf & West Indies SS.'—
Common
(year-end)
57o non-cum. preferred (s-a)*—********
Atlas Imperial Diesel Engine
*
Atlantic Refining Co.
(quar.)*—*********
Light,
Extra
-
Atlas
preferred (quar.)
Powder Co. (year-end)
Atlas
Tack
Atlas
Aunor
Corp..
6%
Corp
Gold Mines Ltd.
12-15
,
_
12- 9
12- 1
12* 1
50C
10c
25c
,
$1.50
12-1
12- 1
$1,75
$1.32
$1.54
12-22
12-22
—**
—
i*~*
(interim)****—***
50c
12-30
$1.25
12-30
37 V52c
$1.50
12-20
12- 1
25c
—*
Astor Financial Corp.,
Atchison
1-2
1-1
12- 1
12-15
12- 9
5c
50c
common————
1st
12-15
11-20
$1.25
$1.50
25c
$1
—^
preferred (quar.)————
I'M
2nd preferred (quar.)————
Associated Tel, & Tel., $6 pfd. (accum.)—
$7 preferred
(accum.)
—*_*
Associates Investment Co.,„common (quar,)*
6 7o
12-
'■
*****«—*——————
Dry Goods,
12-15
12-22
12- 1
12- 1
12-15
12-15
30c
*
—
—*——:
B
Artloom
1-
common***—.
■
12-22
$3
preferred
Class
12-28
V.
:
■
;
$1
11-10
11-21
50c
75o
(quar.)****—.—*
*****
Armour & Co., $e conv. prior pfd. (quar.)*
Armstrong Cork, common (interim)**—
47o
conv.
preferred (quar.)— *********
Armstrong Rubber, class A****———
$5
1-
Co.,
Edison
Extra
12-15
75c
Agnew-Surpass Shoe Stores, Ltd.—
3-12
11-11
11-20
Applied Arts
25c
Miscellaneous
Inc
11-15
12-20
Atlanta Gas
Products
12-11
12- 2
25c
*
12-30
62 Vic
******
********
12-13
11-10
1- 2
$1.75
(quar.)
11-10
31-28*
——*——*—*—
$1.50
Aluminum 1 Casting
Aeronautical
(N. Y.)—
Co.
Extra
Advance
12- 1
12-1
10c
$4
11-30
12-20
Per
5
75c
1.2-15
5c
(quar.)*
Company
1-15
1- 2
12- 1
12—8
Inc.
11-30
Name of
5
11-17
12- 1
$1
we
12-11
12-
$1
$2.25
12V^C
75c
Anheuser-Busch
12-15
and
3
12- 9
11-30
Arizona
Industrial
11-
11-30
12-20
preceding table.
11-15
11-15
12-1
11-25
12-11
6
11-15
12-1
12-1
11-22
12-11
12-26
6
$15c
20c
give the dividends announced in previous
weeks and not yet paid.
The list does not include divi¬
dends announced this week, these being given in the
rJBelow
.
11-30
12-15
1- 2
1- 2
3-31
12-15
*
12- 1
12- 1
12"
$1.25
7'M
;
12-8
"150c
National*Corp.
Andian
1
11-22
•
12-22
12-22
12-
(interim):*—**—_:
12r
25c
Year-end
11-22
1-
11-21
11-15
Anglo-Canadian-Telephone, class A (quar.)*
Angostura-Wuppermann Corp.
(year-end)—
12-15
.
12-13
11-24
12-1
12-1
*****—**—*_—_**
Brothers,
11-30
12-28
12-.1
12-
preferred (quar.)****,*
Worcester Transit Associates (year-end)4+^*.f,
Worthington Pump & Machinery Corp.—
;
6%
preferred __r*_:
***4-_**T-*':
7 l,'o
preferred
Yale & Towne Mfg., common (quar.).******
Woolf
12-20
30c
12-11
Light, 6'10 pfd.
(quar.)—******
11-18
11-24
12-7
Inc.——**
Power &
preferred
1
12-15
TOc
12-14
5*
12-
12-15
12-22
——*
30c
& Co.,
,11-18
10c
$1.50
(R.
Machine
Gibbs Sewing
Williams
1
————
—
1
11-27
12-
—*—*
common****
preferred (s-a)—
12-20
12-
12-11
12-15
11-20
12-
Common
12-11
12-28
Extra
12-15
X****—*—
(quar.)*
pfd.
(year-end)
Virginia
Pulp
—
37 Vic
West
C.)
Co.
^
Refining, 7'M
6% preferred& Paper*..
Wilcox &
12-20
2
$3 50
50c
50c
25c
$1.75
0%
preferred (s-a)——.
Archer-Daniels-Midland Co. (quar.)**—*—
Arden Farms Co., $3 preferred (quar.)***—
5*
2
1-
50c
**'.—
Coast Telephone,
12-
11-20
1-
11-14*
tlOc
$1.75
(accum.)—*——
Inc.
12-1
1
$3
$3
$1
& Refining, com: (quar.)
Foundries
(quar.) _*__—
Metal, Inc.,
Ampco
67o
Ventures, Ltd. (interim)————*;
—
Virginia Electric & Power, $5 pfd. (quar.)*
Walker & Co., class B—
—*_*
$2.50 class A (quar,)***
*—
Waukesha Motor Co. (quar.)——
12-11
12-22
*—**********
priority stock
$5.50
2
75c
(Salt Lake, City)
Co
Veeder-Root,
7
12-12
Utilities Equities—
12-15
11-24
12-15
12-
25c
Utah-Home Fire Insurance
1-15
12- 9
11-24
1
12-30
(interim)——**
Freight Co.
Potash
12-15
11-30
12-
American
1
J5c
27Vic
Co.—
Illuminating
States
25c
12-11
11-15
20c
$1,73
Superpower, $6 1st pfd. (accum,)*
American Telephone & Telegraph (quar.) —*
American Thread Co. Inc., 59b pfd. (s»a)—
American Tobacco, common (quar.)****—*
Class- B (quar.)——*———****—**_
American Verre-Mural, v.t.c——
American Woolen Co., 77a preferred (accum.)
Co,
1
$1.75
——*
12-14
Insurance
7
12-12
$3.50
American Smelting
25c
Bearing
11-15
20c
—*—
12-15
Tyson
11-15
1
12-
..—*—*****;;■"- "10c
'*:—_*—_:
non-cum.
1
12-
Sanitary—
Title
2
12-
756
preferred (annual)-*—*
$3 preferred, class A (annual)—*——
American Ship Building Co., common
77a
12-
■:-■-■'
(accum.)***
&
Standard
11-25
•
11-15
2
15c
12-16
int.- (year-end)
of St. Lou)s—*—* ;
11-15
1-
50c
62'2c
75c
„—*_*:
12-28
Corp.
11-10
of Illinois—
1
11-30
50c
12-13
1
Insurance
1
11-25
2
Sub
1
12-
1
1-
Certificates of proprietary
12-
1
2
$3
1
1
1-
(quar.)—.
Mill Co
*
Service Co., common (year-end)—
American
32-
12-
preferred
7fo
1
2
1-
$1.75
50c
Service Co.—
Public
preferred
12-
12'jsc
2-
12-
12-11
12-
12-15
25c
American Rolling
Trust-
Pacific
(quar.)
Common
1
12-20
2
12-15
*„*-***'.:■: 20c
$1.18^4
*
*
12-
12-15
1-
common*—*
American Radiator
1
25c
Products—* —.V
8
I'M
1-16
12-15
1
12-31
preferred
American
11-24
12-
15c
12-
1-
2
25c
(quar.)**—
Electric
Sylvania
2
1-
11-30
1-
30c
'
.
Sutherland
1
12-15
1
12-
(quar.)—*_**—:* ■
62VaC
$2 preferred (quar.)*
——*******50c
American Laundry Machinery Co——50c
American Machine & Foundry20c
American Metal Co., Ltd., common
*—**
25c
preferred (quar.)
—*_*—***:**:
$1.50
American
Meter Co.—
—50c
5%
12-22
7 Vic
Sterling
Home
Common
11-10
$1.75
Gas,
12-
40c
So
,
preferred (quar.)*_—„**Products (monthly)
—
American
$5
1
12-15
12-15
5
Leather—
American Investment Co,
12-14
12-
;
$2 pfd. (quar.)***
$2.50 preferred (quar.)—:
*
—
S3 preferred
(quar.)
11-20
12-14
12-5
12-15
class B
Corp.,
12-31
$2.50
$6 pfd. A (accum,)
Standard Oil of Kansas, $3.50 pfd. (initial)
Standard Oil of Kentucky (quar.)****—
11-18
1
NaturaF
Southwesfc
(quar.)
American General
District Corp.-~
Manufacturing
preferred
1-15
12-11
12-
12-15
$1.50
(irregular;*
common
12- 1
$1.50
(quar,)*———*.
Manufacturing
Singer
Hoe
Co.,
'—**_*^.***—
Extra
PA7a
1
50c
(year-end)
Company
12-15
$1.25
(increased quar.)*:
Electric
$1
.
1-
■
&
&
*3c
1
12-15
year-end t
Sheep Creek Gold Mines (quar.)*————
Shepard Niles Crane & Hoist
Simmons
1
12-
1
Fork
American
American Gas
4
$1.50
11-22
12-15
Lace
Corp., class A
.
11-30*
Power—
Foreign
12-11
1
.
10-26
12-21
$1
50c
common
preferred .(accum.)*****
preferred (accum.)
*
American Forging & Socket Co.-_*„*_—*
25c
(accum.)—* 1
.—**——**—*—**
1
,
$7
1
pfd. A
10-26
12-
$1.25
;
;
$6
12-
Co.
.12-20
1
9c
preferred (quar.)****—*::*-*—*—**
Envelope, 77a preferred (quar.)**
American Export Lines
*:.—*.-*—****——
2
25c
1
12-
$1.75
50c
5<«
9
$1.50
1-
6c
:
& Cigar,
Cynamid, com.
12-
Corp., 4%
$3.50
American
9
12-21
25c
(quar.)
1
12-28
11-20
12-23
Lawrence
12-20
Colortype Co., common (year-end)
preferred (annual):.**:-***-********
5<e
1-15
St.
12-20
12-30
American
11-30
25c
or
?;25c
Sehwitzer-Cummins
12-30
25c
********—*-_***
div. of ^th share, of
BBVic in cash
Optional
12-5
9
12-
'
(quar.)***—****-_**_.*_**
preferred
stock
50c
!
*_*_
:■
$2.75 class A (optional div. series) of 1936.
12-15
1-15
(s-a)—
.....
American Cities Power & Light Corp.—
1
50c
,
Co.
12-15
.
Shares
American Cigarette
,
,
"
12-12
11-18
__*_****—**—._****—*:**■_****„*/:,/
Extra.
41 %c
—
11-15
■'/
.
12-22
1-15
12- 1
common********
Foundry, 17* preferred
American Chain & Cable, common
57» preferred (quar.)
11-30
1-1
12-15
11-30
12-15
11-15
12-15
,:v—.**—-**__—*-**_******-i.__2_'_*
Extra
12- 4
12-15
30c
Year-end
National
$1.25"
12-11
11- 9
11- 2
11-22
$1
American Car &
m.37»/2
1
11-17*
12- l
11-20
25c
25c
(s-d )—*-.*******:-*_******;
12-
12-15
$2
25c
IVic
25c
40c
30c
30c
preferred
12-23
10c
».
I'M
American Business
12-23
il7V2C
—
1
$1
tl7VaC
(quar.),*——
preferred (quar.)—
Martin (Glen L.) Co, (s-a)
Mastic Asphalt Corp. (quar.)
77o
12-
11-25
$1
?$1.25
$1.25
$2
(accum.)
preferred
5%
1
12-15
12-20
Corp.,
___*_-*-_-•*_„__■*„•:*******__***—
11-20
West
Mangel Stores, $5 preferred (quar.)********
$5 preferred
(accum.)*—*
Maritime Telephone & Telegraph-
12-
20c
Co,
Safety Car Heating &
*..
(year-end)**—*—:—**
(St, Louis) —
Bemberg
Class B
11-20
Ltd.—
MacKinnon Structural Steel Co.,
American
25c
—
>
'
1
12-15
$1.75
75c
(quar.)——
Lyons Magnus, partic. class A (accum.)**—
preferred
11-27
12-
12-28
25c
25c
3-15
12-21
12-1
United
—*
CO.,
4-1-15
.
*
of
Co.
Co.
11-30
37 Vac
(P.)
75c
12-15
*****
12-20
12-5
12-21
12-11.
1-1
12» 5
12- 1
12-15
1-2
1-2
12- 1
12-9
(quar.)****„***-*
**"*_*_*
12-15
United
Year-end
Quarterly
10c
10c
,
11-24
12-15
American Automobile Insurance
50c
12-
Lorillard
1
(quar.)——**—*
Lighting (quar.)—*
.
(qua\)**_********
1
12-
of New Jersey, common
Manufacturing
12-11
Corp.
12-
2
—
Arch
American
2
1-
Russell
Llbby-Owens-Ford Glass (year-end)****.
:
$1.25
Liberty Aircraft Products Corp.—
$1,25 conv. preferred (initial quar.)**—31 Vic
Life & Casualty Insurance (Tenn.)
(quar.)*
15c
Liquidometer Corp. —
*—
20c
Lisk Manufacturing
I
********
$2
Cement
Inc.-**,*.
11-29
1-
$1.50 ;
Rieke Metal Products---——_**„_*_x*^
United States
Star
12-9
$1.25
11-20
11-21
Lone
11-29
20c
12-23
__—
12- 9
,
12- 1
12-20
.
1-20
1- 2
..
12-1
37I/2C
.
12-20
.
(monthly)
(monthly)
(monthly)
Loan
11-25
Two
11-30
25c
,*:*>
common********
common
12-19
*_*.—
Stores
5
12-27
11-15
12-29
12-15
12-1*
■
*
Iquar.j
12-30
..
Lerner
12-
common
tquar.)—**
Ltd.,
12-
12-
I2V2C
4 V2 ''a
preferred (initial 'quarterly)———*,
$ 1.12
Kobacker Stores, common****—1***
25c
7'h preferred (quar,)—*—
*_*:*•_*./ $1.75
Lamaque Gold Mines, Ltd. (interim)*——*
15c
Lambert Co.
(quar.)
——37VaC
Extra
—;—*_**_**.*_**_.***_*—*—*
—'
50c
Lanett Bleachery & Dye Works (year-end)*.
$1
Le Roi Company (year-end)*——
*
25c
Leath & Company————————*—
10c
Extra
——-———**
,10c
Lehn & Fink Products Corp. (quar.)
35c
11-30
$1
preferred
12-22
r-~——-v-—:■
Extra
1
12-12
12- 5
; $$2
f$1.50
Aluminum Industries
(quar,)
:*„**_***** ;
15c
Amalgamated Electric Corp., Ltd.***—$30c
Amalgamated Leather Cos., 6 7v conv, pfd.*_
75o
G7o convertible preferred (accum.) *******
$1
Amerex Holding Corp. (s-a)****—******:
37VaC
American Airlines, Inc—
77 -.71
Common ($10 par stock) (yealvend)****_>
$2
$4'/4 preferred **-**_„********_*__—:*_*' $1.06"4 :
12-16
12-
12-9
$1
25c
$1.25
90c
$1
" 25c
,
50c
$1.50
:
Cement
preferred
6V<?
7
12-
1
12-14
12-26
*
of America,
Co.
Aluminum.
Colorado—
of
Co.
'preferred
12-20
Kimberly-Clark
1-
6'"
1
20c
Steel Corp., common
**********
G'h prior preferred (quar.)— *********—
6',() ; preferred
(quar,)—
Reynolds Metals Co., common.—
5*2preferred (quar.)*—*
:
12- 8
1
12-
25c
75c
:f.5c
:—
12-22
Aluminum
12-7
Republic
———.
Corp.
Copper
12"
$4
Extra ;:**_**—**—*—■*———****—■**
5
12-
12-15
1-2
1-2-22
75c
Co. (year-end)——
Rath
Packing Co
*
*„'—**_
Ray-O-Vac Co. (quar,),—.—,*-****— —
1
12-
12-15
12-15
:
(quar.)—**********
".
4',a ; pref erred
Alpha Portland
1
1-2
Inc
Corp.,
5'/b
11-22
12-
9
10c
Pyrene Manufacturing
>
03
B (s-a)_***-***_*l~~._-**--$3
C (year-end).--****-^*:*.**'$4
(s-a)
preferred A
11-22
12-15
12-
$1.40
preferred (monthly)
——
——
Puget Sound Power & Light, $5 pfd. (quar.)
Putnam (George) Fund (Boston) (year-end)
12-20
2
12-20
Oil, 6%. preferred (quar,)—-v,
75c \
Johnson, Stephens & Shinkle Shoe
.
20c
Joseph & Feiss (quar.)
25c
Joslyn Mfg. & Supply, common
—$1
67o preferred (quar.)—j..——$1.50
Kansas City Power & Light—
$6 preferred B (quar.)—_„„■**_*T
$1.50
Kansas City Southern Ry., 4 'M preferred**.*
$1
6'M
12-15
preferred (quar.)
Allis-Chalmers Mfg. Co., com. (year-end)
•
6'jb
2
12-
12-10
Irving
Kansas
9
$6 pfd.
Ltd.—
& Co.,
Public Service Corp.
12-20
12-11
60c
50c
———
*
12-
——.
America,
of
6preferred
7 r'o
preferred
11-29
12-15
Metals
Service
5'M
11-24
1
12-30
25c
Ltd——******——175c
(quar.)
12-22
50c-
Prosperity Co.,. 5% preferred (quar.)___**—
Prudential Investing Corp.
(year-end)——*
1
12-15
Inspiration Consolidated Copper******__**_:
Razor, class A
Stores
$1.50
—.—
5V'2',» preferred (quar.)
11-30
11-15
—
Intei'nationsft 'Safety
Mills,
Allied
(accum.)**
(year-end)*—*****—*—_*_*
Brothers
Price
12-15
2
12-22
pfd. "(quar.37Yzc
Hygrade Food products———__> :70c
Ideal Cement Co. (quar.)
25c
Illinois Bell Telephone (irregular)
—
$1.50
Imperial Varnish & Colour, com. (quar.)—
J 15c
Extra —-*_***_*****—_:*_**—*$10c
$1.50 cony, partic. preferred (quar.):
t37V2C
Indianapolis Railways
***•■'
50e
Industrial Silica Corp., 6fM- pfd.(dccum.)•
$1.62Vs.".
Baking,
Allied
Trading Corp.—
&
15c
.
*****
9
...
12-.1
12-15
25c
1- 2
12-1
12-22
1-2-45
12- 4
12-29
$3
**_„**.***„*_***^
Inc.__*****_*
Laboratories
12-
partic.
Pressed
4
11-25
Hydraulic Press Mfg., 67>
Inter-City
(quar.)
Ltd—
Ford,
Fisher, Inc.*:.
&
11-22
10c
$3.75
$1,75
95c
.
$1.25
Philadelphia Company, $5 preferred (quar.)
$6 preferred
(quar.)———*;
;*■
Pittsburgh Bessemer & Lake Erie, com. (s-a)_
Pittsburgh Screw & Bolt Corp—.—**—_*
Pleasant Valley Wine
:
*
Powdrell & Alexander,; Inc.
(increased)—*
12-15
1-
$1.25
—
1
IOC
12-15
(s-aj—*
12-22
25c
1
12-13
12-
1
12-
preferred
&
$1.25
0
12-26
Allied
20c
$3
..(year-end)*4*_*_*__!'*75c
Industries Inc,
Alles
25c
class A (accum.)
Petroleum Exploration
(quar.)***
12-26 :
11-20
12- 5
75c
*
Common
Allegheny & .Western Ry., Co., gtd.
1
•r
1- 1
12-.l
12- 1
$1.50
,
preferred
Allegheny Ludlum
12-15
12-
Susquehanna RR
Steel, 77a
(year-end)
Albany •&
?
15c
$1.25
11-30
11-14
11-14
'. t$2.50
__**
Allen
50c
**—* *
*********
Penick
25c
75c
62VaC
25c
75c
'
12-30
Mills
6
50c
15c
——
Plantation
Honolulu
11-27
1-25
6
25c
—_———,———
12-11
(quar.)—*—
Panhandle Eastern Pipe Line, -common
—
Honolulu
$1
l'$1.50
/
5
25c
Extra
Pacific
11-30
(quar.)-——— >——a———**
Manufacturing (quar.)
Heywood-Wakefield Co., common (year-end)
5'to preferred B (quar.)—.
—.**32c
Home Title Guaranty Co. (Brooklyn) —
Year-end
—————**:*- ■ 15c
preferred
$2
Hathaway
11-29
12-
40c
50c
$2.50
$2.50
.
12-
■
12-
15c
(year-end)————
Co.
common
12-6
12-15
—„
2
$1,12V»
(quar.)
preferred
Paper,
Railway
12-15
1-
,:..*75c
$75c
Grlnnell
50c
Gruen
Watch Co. (quar.)—:
— —.
20c
Gulf Power, $6 preferred (quar.)
—
$1.50
Gulf States Utilities, $4.40 pfd. (initial) —82c
Hale Brothers Stores (year-end) —.
$1
Hamilton Watch Co. (year-end)——:——
45c
12-15
25C
(quar.)*—*__—***_
12-15
West Saddlery, 6'M
12-13
20c
Brewing, common—*
—
non-cumulative
preferred————*
12-21
$1.06V/4
(initial quar.)_——•_**__
1st pfd. (quar,)—
preferred (quar.)__
———
Corporation (year-end)
*■■
2
12-20
15c
-V
2
12-15
1
12-
12-20
12- 8
12-20
12-20
Co., ordinary^
6 it-
12-15
2
12-15
preferred
Orpheum Building Co
Pacific Indemnity Co.
2
1-
20c
$1.25
Oahu Sugar Co.,
6rb
20c
$4,50
participating, preferred
Algoma Steel Corp., Ltd., 5f;'o pref. (s-a)„_„
Alabama.Water Service, $6 preferred******
Alaska Packers Association (year-end)—
Olympia
12-15
1-
62nd
Harrisburg
12-20
11-27
12-20
50c
—
Hart-Carter,
11-28
1
11-27
1-
35c
,
preferred
4 V4'/a
Great
9
llr30
1-
50c
.
Cananea Copper—————
Greene
Alabama Great Southern RR.
12-8
(quar.)*—*-****-*
:-_**;
Ltd.————***_—***_*'
Ogden Corporation—*——**——
Ohio Furnace, 5'M prior preferred (quar,)**6% preferred (quar.)**.—.—****—
1- 2
20c
.
Air
11-30
12-30
12-15
,
$4.50
Inc;
11-30
12-15
Auction
York
5'h
11-30
12-
40c
30c
40c
20c
——
(quar.)——
4
12-16
$1.25
$1.50
—■
class B
Oil,
Gordon
(year-end)
12-
12-21
25c
..
Co. (quar.)
«•"*-
—.-»»-■
6
12-21
-07c
$1.50
——
Corp.
Harvester
Glens Falls Insurance
12-22
12-
50c'
$1.75
(year-end)—
(quar.)
General Time Instrument, $0 preferred——
Georgia Power Co., $5 preferred (quar.)—
6<M
preferred (quar.)
*
—
Alden
1
12-16
$2.07 preferred
■
2
12-
1-
(quar.)—
Fireproofing, common
preferred (quar.)
1
11-30
12- 9
l.ac
—*****:———-V—"•
-
Gleaner
12-12
.*:***.****——*-:—-
General Paint Corp.,
Glen
30c
25c
•
General
I'M
12- .1
12-
75c
62 Vic
,
(quar,)—
dividend
Stock
12-15
New
Associates,
12-15
$1.50
of Rec
12-15
1- 2
1- 2
75C
25c
$1.31 »/4
Co.___
New York City Omnibus Corp.
(year-end)**
Newport Industries, Inc,_*--****-***—**~
Niles-Bement-Pond Co, _******__**'_*
**'
Norfolk & Southern Ry.
(year-end)*—,***
Northern Ontario Power, G'M pfd. (quar.)**
Northern States Power (Wise.)—
•.
12-15
,
preferred A (quar.)
American Transportation (quar.)—
General
New
1
(quar.)—
Agricultural Insurance Co.
Special
**:
1
$1,121/2
$1.50
5
12-
12-
12-20
Payable
Shard
,
*
(s-a)—
Water
Haven
12-
12-15
62Vic
25c
(quar.)__„*x**'*-,***_*-—
preferred
$2.50
11-30
11-30 '
12-15
.**:*
00c
(quar.)_*_—•-25c
-
Food Fair Stores,
30c
._**_.———.
1
12-
12-15
12-20
12-15
$2
Mining & Smelting
Federal
12 Vac
Ltd. (interim)**************
New England Public Service—
,
$6 prior lien preferred
(accum.)
$7 priorlien preferred (accum.),***
New England Tel. & TeI.I_***l—i***L__**„'
Mines,
Negus
2
'
Name of Company
of Rec.
Holder
When
Per
Holders
Payable
Share
Name of Company
of Rec.
12-
12-18
10c
20c
'**
Buffet' Corp
—
Company (year-end)
(year-end)-
Exchange
Payable
When
ter
Holders
When
Per
Share
Name of Company
Monday, November 27, 1944
FINANCIAL CHRONICLE
THE COMMERCIAL &
2330
12-11
$1.12V2
$1,50
iJ
12- 1
12-12
12-12
/
$3
$2.50
25c
25c
25c
75c
$1
40C
}5c
.
12-12
12-12
12-23
12-15
12-15
12- 1
12-11
11-30
12- 1
11-20
12-
1
12-
1
12-12
11-6
12-1
11-15
11-15
11-22
±1-10
11*10
11-10
11-22
11-32
12- 4
12- ,4
12- '4
10-27
11-215
11-10
ii-l's
11-15
12-'
1
12*-
1
12-
1
11-21
11-21
11-15
11-30
11-15
It*
8
Volume
2331
FINANCIAL CHRONICLE
THE COMMERCIAL &
Number 4337
160
J
■
Automatic Gear
WCrks,
common:
.
12-10
Carolina
11-15
,
11-20
[Telephone & Telegraph Co;
Carthage!^ Mills, Inc.,
____________
_______
11-20
,
.
11-15
11-15
12-
6 ;
12-11
$4.75
,
.
7%
preferred
1st
2nd
12-11
10-31
(quar,)"
preferred
11-15
12-11
1- 2
1- 2
12-15
11-30
12-31
:
,
$1.75
$1.25
$1.12 V2
Mills,
Inc.,
common..—
11-15
10-31
12-
(quar.)*--^-——-^-4—.•
preferred
Corp.,
Steel
preferred (quar,
Bigelow-Sanford Carpet, common (quar.)...
«'«; -preferred !(qufti\)
Binks .Manufacturing Co,
iirreg.)_
'—ft,
Bird & Son Inc., Stir
preferred (quar.)
Birmingham Gas, $3.50 preferred (quarn r_
Works, 6ft pfd. (quar.)
Black Hills Power &
preferred
5ft
.
1- 2
_
30c
7
Bohack
Co..
(H; C.I
1st pfd. (accum. I __
(accum.) __;ft____;ftft-ft'
7ft
Co.,
preferred
l'o41st
4(itconvertible
preferred
.
11-13
(quar.
12-29
Boston
Boston
Wharf
(irregular
Co.
preferred (quar.)—y ; 87lic
fquar.)_.
—$1.75
Mills
(quar.)-..i——
4
12-
Brunswick. Ralke
Collender Co.,- common-i-'
preferred
$5
Buckeye Pipe
5%
Ltd.
Hill
Bunker
trating
-
(quar.)
Fund
Bullock
(Los Ang.i
Bulloek's. Inc.
1
Buvkart
Co.
<F.)
Burlington
Sullivan
&
——
,
Mills,
11-13
11-10,
11-20
11-15
2-14
11-20
11-21'
v
', ir
;
M.)
California
Cotton
California
Electric
5*4%
pl'd.
11-20*
12-1
40c
;
11-
Mills, (irregular)-.—Power,
common..— /..-•>
(quar.)
—
11-15'
11-15
11-15,
.Class.'Class
,
Canada
-
.'
———
(quar.)
'
Extra
$'50c:-';,;12-15
Norihern
.
4W,'«
«'
Canadian
Canadian
Canadian
7"d.
.
'
$25c
/12-31
(quar.)
——1$$1.75
12-31
rights-.(.year-end)^——'———;$$1-3-15-45
preferred
Funding
12-'1
12-15
1-2-45
Canadian Foreign
1-1
Canadian Indurifial Alcohol,.CI, A -(interim)
$20c
12- 1
Class B
(interim)
—^420c. 1,2- 1
Canadian Fairbanks-Morse
'
■
.
Extia
Co.
Ltd.
(quar.)'
——
;
-
$25c
$25c
Ltd. <quar.)__—$62Vic
Investment Corp., Ltd.—
.
$50c
Canadian -For'd Products,
Intern'at'l Investm't Trust Ltd.—
5
.preferred taccum.)
:
'.'"481 .•
Canadian Malartic Gold Mines (s-af—_$2c'
Canadian
'
Canadian Oil Co.'s,
Canadian Pacific
Ltd. (extra)-
Ry. Co.,
'
$25c
ordinary—450c
12-1
12-21
12-15
12- 1
1212-
1
.
11-27
11-
11-22
12-
1
25c
12- 1
11-15
12-
1
11-15
$1.25
12-
1
11-15
25c
12-15
11-30
12-15
11-30
45c
12-1
11-15
50c
12-
8
(quar,)_—___
37VaC
12-
1
11-14
preferred (s-a)____________—
Dictaphone Corp., common (year-end)_____
8','c • preferred (quar.)
Distillers Corp.-Seagrams Ltd., com. (quar.)
5(4. preferred (quar.)______________
Dixie Cup Co.,
class A (quar.)
_____—_
75c
3-1-45
2-9-45
B
(quar.)
—_______
(quar.)
preferred
Oil
Co.__,
(resumed
(quar,)_—
Alkali
Diamond
Match
Diamond
6%
Co.,
,
common
partic.
Dobeckmun
7r»-
preferred
.
(s-a)
Quarterly
)
preferred
12-
2
1
12-
1
preferred
(quar.)—___________
5
(year-end)
—_____
(quar.)
Stores,
12-
1
12-
11-25
11-15
12- 1
12- 1
12- 1
12-15
11-15
Diversified Standard Securities
12-15
12-11
Textile Co.
25c
25c
$1
Inc. (initial)—25c
12- 1
12- 1
Consolidated
Consolidated
11-30
11-30
,
11-30
10-21
convertible preferred (quar.)
Gas Co. Ltd. (quar.)-
$1.25
12-12
Consumers
12-12
Container
12-12,
Corp. of
Continental
12-30
Extra
11-30
Continental
Casualty
Extra
11-30
Continental Commercial
■
'
7'4
preferred
11-10
12- 1
11-
1
—
Motors
Oil Co.
11-30
11-20
12-29
12-20
12-15
12- 1
12-15
11-20
11-15lL-lg-r
11-11
10-30
11- 4
12-15
12-15
11-25
11-15
11-15
43%c
Corp
(Del.)
—_
(quar.)_—
Investing
Continental Telephone Co.—•
7%
participating preferred
6V2% preferred (quar.)
•
12-1
11-15
15c
—
12-22
' : ^30c
12-26
12-19
12-1
12- 4
12- 1
$2.50;
Realtv
$1.75
$L62V'3
1-2-45
1-2-45
4
12-15
1
11-20
12-
10c
11-30
11-20
12-11
11-25
1- 2
$1.50
12-1
$1.75
12-
12-15
12-15
11-10
11-10
1
25c
12-12
12-
1
50c
12-14
12-
1
125 c
121-
11-15
1
2
12-15
$3
11-27
11-10
20e
12-15
11-20
62 Va C
12-15
11-20
62 Va c
12-15
11-20
$1.50
12-28
125c
common
(quar.)___
(quar.)
(quar.)
series.)
series)
preferred
Boat
■
•
Co.
12-21
Gas,
Natural
Common
(initial)
$2.25 participating
preferred A
preferred
Railroad
$5 preferred A
Faber,
12- 1
11-20
11-24
1
12-
12-15
12-
1
12-11
12-
1
12-22
12-14
1-2-45
12-14
;$i.5o
1-2-45
12-14
12-15
.
11-30
75c
12-
1
11-15
50C
12-15
11-30
50c
12-15
$1.25
.■
12-
11-30
11-16
1
65C
50C
_L.—_
12-22
12-
1
11-15
50c
(quar.)_—
Instrument
(quar.)
—
12-22
2
1-2-45
interest—.—___
&
2
f25c
—
(quar.)
11-
$1.37 Va
pfd. (quar.)__
Gregg (quar.)——,—
Camera
12-5
; 56V4C
$1.25
'
(quar,
(quar.)
Corporation
Coe &
Fairchild
11-20
12-8
(year-end)— 1 / : 4oc
com.
beneficial
of
1
12-20
12-
,75c
Co., coinmon———,
Certificates
12-11
28c
$6
Erie
12-28
$1
preferred (quar,)_——
English Electric Co. of Canada Ltd.—
$3 non-cumulative class A
Equity Corporation, $3 pfd, (accum.).
/
2
12-15
12-15
$1.25
stock (accum.)—i____
Eagineers Public Service,. $5
$5.50
12-
■
Emporium Capwell Corp.,
4Va(4
12-15
2
2
1-
10c
—l-o.—
Empire Power Corp,—
1-
12-18
50c
Inc.
Laboratories,
11-21
$1.75
—
—___________
'(initial)——
Empire & Bay State Telephone—
4(4
guaranteed (quar.)____——v-—
Empire District Electric—
...
5'/4 preferred (initial quarterly)
Electronics
9
60c
(quar.)_____
common
Co,
11-21
12-
15c
(quar.)
Auto-Lite
9
$1.12Vw
(Texas), $4.50 pfd.
preferred
Electric
12-
$1.25
(year-end)——_
(quar.)
Watch Co.
Electric
Paso
7%
Utilities—^-;--'—.
Household
National
Paso
25C
.
12-21
12-15
12-
8
50c
12-
1
11-15
25C
12-
1
11-10
75c
Fajardo Sugar
Fairbanks Morse & Co.
12-
1
——
(quar.)
.
11-10
■n Vac
12-21
11-
15c
11-30
11-17
15c
Falconbridge Nickel Mines Ltd. (interim)—j,
Falstaff Brewing, common (quar.)
—
11-30
17-17
4
preferred
(s-a)
.
4-^;—
(qtfar.)._.
3c
:
4-1-45
3-17
37VaC
12-15
11-30
25c
6ft
Fanny Farmer Candy Shops
12-15
11-30
12-
12-30
12-15
$2.50
common—
12-1.5
,1-2-45
12-18
4-2-45
3-17
25c
12-30
12-16
25c
Corp.,
Metallurgical
25c
$1.25
$2.50
Fansteel
12-30
12-16
75C
12-30
1
.
$5 preferred (quar.).
Farmers ■& Traders Life Insurance
(Syracuse,
N. Y.)
(quar.)
Federal Bake
5ft
Shops,
preferred
common
(s-a)
Federal Grain Ltd., 6M>ft
(quar.)——
1
preferred (accum.)
f$2
'
Federal
(quar.)
12-
1-15
15c
Corp.—
(accum.)
Continental
Continental
—
•-
Continental
1
(quar.)
(year-end)
Co. (quar.)
12-1
t50c
75c
50c
50c
25c
30c
60c
;
Co.
Can
11-
Co,
Assurance
-
Continental
11-30
11-27
31V4c
—
(irregular)-—
America
11-45
!•
11-10
11-20
11-15
Vultee Aircraft—
12-13,
11-1
of New York Inc.—
40c
10c
11-24
2
1-
________
(quar.)__—
preferred
conv.
Ex-Cell-0
i
—
Gas Utilities Corp. (year-end)
Consolidated Laundries Corp, (irregular) __
Consolida'ted:'Paper '(quar,)__.—
Consolidated! Steel Corp. (special)—
11-15.
11-1
$75c
Quarterly
Consolidated
11-15
12-
12-21
11-10
1- 2 ; "12- 5
12- 1
1-2
12-23
12-23
Consolidated Edison Co.
12-15
El
12- 1
11-30
$1.50
$20c
10c
10c
$2.50 non-cum. pfd.' (annual)
11- 1
12-20
25C
1
11-24
11-15
Extra
couv.
5(4
El
12- 1
pfd. (quar.)—
Consolidated Bakeries of Canada Ltd,______
Consolidated Biscuit Co. (quar.)
5(4
Elgin
11- 4
11- 4
Connecticut-River Power, 6(4
12-1
115c
15c
—
(quar.)___
Brothers
Electric
1
12-15
90c
3-31
6-30'
1
$1,50
preferred
5(4
11-15
12-25
12-1
preferred
8-
1 $1.75
Eddy Paper Corp, <year-end
11-14
12-31
12-15
1__,—25c
1- 2
5- 1
I $1.25
(quar.)
—
—________
7 (4
preferred (quar.)
Eastern Steamship Lines, common
$2 convertible preferred (quar.);
Eastern Steel Products, Ltd., com. (quar,)„_
.12-
11-30
Ts-a$4c'
2-
150c
.
.
preferred
Edison
12- I
12- 1
'
11-20
1
120c
(quar.)
common
Drug Co.
ed
1
12-
$$1.50
25c
;
Consolidated
11-15
12- 1
East St. Louis Interurban Water¬
(quar,55c
(quar.)——_____— ;
60c
Connecticut Power Co. (quar.)_____.
56Vic
12-20
12- 1
mV'aC
6(4' preferred
11-22
12-15
$2.50 pl'd.
12-20
11-17
—
taccum,_
Ltd. (increased quarterly)-
(quar.)
(resumed)
Manufacturing' Corp.
V'4
Dow
1
12-30
11-30
Investments—
Dominion-Scottish
5(4
12-
12-11
120c
Eagle Picher Lead, common
12-15
12-9
12-1
12-15
*
11-15
12- 9
—____
Doyle
(Toronto.)-—
_,—
$2.40
1-15
2
—
...
Dominion Stores
1
1
1-
.
,
(Western)
(quar.)
Malting
12-
2-
120c
Dominion
11-20
11-10
$$3
—
11-17
t$1.25
11-20
$1
$1.25
50c
(quar.) __
finer, quar.)
11-17
1
12-15
25c
11-20
Public Service Co,
1
12-
$30c 1-30-45
_________—_—
12- 1
—________
12-
62V2C
(monthly)—_—
Cartons
&
(quar.)
preferred
11-24
t$l.'25
______
Oil Fields Co.
Envelope
6
$2
preferred (quar.)
Dominion
5
8-
—
(quar.)
Dominion & Anglo Investment Corp.—
■•5(4
5-
75c
f55VaC
25c
Company
Mines
Dome
12- 1
_____________
12-15
11-15
Dominion Textile Co.,
12-15
12-15
preferred (quar.)
11-15
12-23
12-15
$1.25
1
1
11-30
11-30
,12-15
12-15;
11-15
12-
12-23
12-
1
12-
12-15
75c
25c
75c
1
11-15
$1.50
common__„__w_«_____
12-2
12-
11-15
Electric
Baking Co.,
12- 9
1
6
$13.10
$3
Connecticut Light & Power, com.
11-15
50c
12-
11-10
11-28
12- 1
11-13
25c
12- 1
12-1
-' 11-30
: •
1
2- 5
11-27
12-15
,
12-1
12-
8-15-45
1
$1
_—
(quar.)_—-—T;_'-;-—;T4.4$l;62V«, /'.12-15-.
Bakeries '5(4 pfd. (quar.)—$$1.25) V 12-1
Breweries, $3.40 conv. pfd. (quar..))
485c 1-1-45.
Celanese Ltd., common (quar.)
$25c
12-31
Extra
'
.■
11-15
1
.
12-15
35c
5-15-45
11-20
Extra
l"
25c
50c
11-21
Coniarum< Mines, Ltd.
.
'$50c
12-15
:450c'-;;' 12-15
■.,415c1-25,
$$1,75;-,-".; 1-15.^
preferred
2-15
5-15
8-15
1
Corp., com. (year-endi_
Congoleum-Nairn Inc.
12-1
12-23
25c
12-
Quarterly
—————<
—:
-4—. .
Bower,' common-(quar.^
■V/t preferred (quar.)__-.
Canada Permanent Mortgage Corp. (quar.);.'
•■»4$2" .-. 1- 2
Canada Vinegars, Ltd. (increased quarJ—j
•'$15c'- 12- 1
;•-Extra-i$15c
12- 1
Canada. Wire & Cable Co. Ltd;, cl. A (quar.) •.»> •;' $$1
,-12-15
Class B '.4inter.i4n)_—„—^-—2. ■ >. - 425c./
12-15
Canada
12-
2
50c
12-1
12-1
.
1-
9
12-
Confederation Life Assurance
11-15,
t$2.50
11-15
11-20
(1937
(1941
Edwards Manufacturing Co
12-15"
(11-22
11-30
11-11
11-21
8 'in
11-15
8
1
12-
12-1.
b.,(year-end 1:——;^-'—'$$1,50^ f T2-1-6/A •(quaf.|4——.
$37V«c
1.2-15
Malting Co., Ltd., bearer (quar.)— --v'450cr-:;;a2-15-
Registewd
■
i'20c
12-
1
Devonian
12-
12-15
"
Community
1
11-20
$1
12-
5(«
Confederation Amusements Ltd.—
12-
1
12-
Class
(quav.75c
Commonwealth Telephone, $5 pfd.
11-15
$1.12 Va
12-
6
11-
—:___
$1 participating
1
11-15
1
2-15-45
11-18
12-15 '
Participatiug
——
Columbian Carbon Co.. (quar.)
11-14
Ale •':Inc-;4'~-.a2a2ari—-12 •'.»•}'. 25c-.:;'•,
Forgings Ltd.—
::'-;rVv
Dry Ging-t-r
Extra.
.,.
12-
12- 6
1
12-
7
12- 1
:
2
2
12-
50c
12- 1
1.
11-
;■;/ $20c..,.( -12- 1
12- 1.
V«>v
Extra'.———'.
-
12-
1-
$2
30c
6-7
9-
1
$1.75
$1,371/2
12-30
Columbia
3
11- 2
12-1
1- 2 ;
12-15 ;
12-20
12- 1
-10c
-25c
4.10c.
Utilities,.,5','c- pfd. (quar.)
Canada Crushed Stone, Ltd., (interim)-*-^-.../
Canada & Domihion Sugar Co. Ltd. (quar.)
,;
California-Pacific
Canada
11-
75c
Corp., 1st preferrcd______
Yard Co.—
convertible" preferred (quar.)—__—^
$1.25
Colonial Stores Inc., common-______;^.____r
31 Vic
Wr- ' preferred
(quar.)___.—62'2c
Colorado •Fuel & iron Corp. (quar,)
—
25c
Colorado Milling & Elevator, $3 pfd. (quar.)
75c
11-11
12- 1
$1.32.
-
12-11
12-14
12-15
12-15,'
12-8
12-1
11-30
12-12
12-12;
\ 5<4
8
12-20
75c
Collins
ii-13
.12- 1,
50c
3-
7
,11-10
Colgatc-Pahuolive-Peet Co.—
$4.25 preferred (quar.)$1.06V4
&' Aikman Corp., common
25c
11-15
12-, 1
,12- 1.
$3
1-2-45
25c
11-20
?25c
(s-a)
A
,
11-10
12-
.
12-, 1
31 (4c '•
k
[/v $3 class;
Class
11-30
12-15
25c
11-20
11-25
'
Coca-Cola■ Internal!
$1.75
$1.12 Va
pl'd. (quar.)___
Detroit-Michigan Stove Co., 5% pfd. (quar.)
5(4
preferred (quar.)
.
5%
preferred (quai.).___^__..~___—.
Devoe & Raynolds, class A (quar.)
—___
-
Year tend
11-23
1
12- 8
Union Stock
Dominguez
(s-a)__——
common
12-
12-18
12-
Corp.—
Shares
preferred (quar.).,
Detroit Gasket & Mfg., 6(4
$1.25
.,
preferred (quar.)
Coca-Cola Company,
12-15
$2
5',4(4.
-
Gas & Electric—
Cocksluitt Plow Co,
12-20
25c • .12- 1
$1.50 , -.12-15
;
:——
Co.~~-~-—;—
Canada. Foundries &
1
11-24
.-prefejHed. tquar.)r. $1.25 ,%12- 1
Burroughs- Adding Machine-. Co. (quar.)
4.15c. 5 -12- 5
Bush Terminal Buildings, 7(o pfd, (accum.).•••-, . 50c-.'12-10
Butler Brothers,.5te-vouv, preferred (quar.)
37.VaCv"''.12-"l;
Common(quar,)
15c ■ 12- 1
Butler'Water Co.,
preferred (quar.)—_
$1.75: 12-15
Bycrs ;{A.
54
1
$1.25
,
(quar.)
preferred
Denver
11-10.
Quarries'25c
■ ,'
25c
Corporation
(year-endi
30c
Cliffs
8
12-
(quar.)
Denver Tramway
1
11-24
1
Co.
Coast Counties
11-15
,
common—
12-
12-
Extra.
11-21
U-
12-22
(quar.)__:
4Va (4
Press,
7%
$1,50
Cleveland
'
2
$3
4$1.50
(s-a)
$1
12-18 •"■' 12- 6
12- 1
11-15
,
11-21
12- 6
11-13
$1.75
.
11-20
5'h
,
1
(D. L.)
12-15
12-1
,
(year-end)_-.———
:
75c
Clark Controller
(yeai'-end 1—25c
Clark Equipment Co.. cominon__
75c
5%
preferred
$1-25
Clayton & Lambert Mfg
;
20c
Clearing Machine Cori5. (quar.)—25c
Clevelandi-Cliffs Iron Co., $5 pfd.. (accum.) _ v
$1.25
Cleveland" Graphite Bronze. Co., common
50c
5(4 ; preferred iquar.i
$1.25
Cleveland & Pittsburgh RR. Co.—
Regular, stock (quar.) _____
87V2C
Special !■; guaranteed (quar.)
___i
50c
Clark
11-30"
(quar.)--,;——rI2,s/2CS-, 12- 1,*.
Manufacturing Co.—,50c- ,. 11-29
Extra
8
11-15
,
Co
preferred (quar.),w„—
City Water Co. of Chattanooga—
5'io
preferred (quar.)
11-30
5c
preferred
Common
.12- l
12-12
6%
11-13
12-
& Fuel
lee
City of New Castle Water Co.—
12-21
12-10
12-10
.
(quar.)
preferred
City
12-21
.,12- 1
,,11-29
+.15c.. . .1- 2
\.. ,-i ? 15c
(quar.50c
Mining & Concen5; ;.TV;
(quar.)__
preferred
(quar.)
5%
preferred (quav.)
Cincinnati Street Railway Co
11-21
Manufacturing—-v,;-
Building Products,
:
preferred
11-20
12- 4*
12-15
12-1
12-23
1
12-20
(4 c
$1.25
,
Insurance
Forster
12-23
2
12-
5c
1
12-
1-
;
•
(year-end)
prefcrred____.
Dexter Company
——
12-15
11-15
;
$4
75c
(quar.)___.
preferred
Forster, 8(4 preferred
&
11-20
$1V'4
$1.25 3-1-45
;—$1.25
6-1-45
$1.25 9-1-45
$1.25 12-1-45
35c
12-15
30c
12-30
preferred (quar.)„__—
5%
1
12-
'
—,
5(c
9
12-
•
Co.—
& Texas Pac. Ry.
5',<?
12-
prior preferred '(quar.)—2_-— -4—$1.25 ,1
Forge- Co.——-.;————'
' *
45c.. .
$5
Buffalo
—
5c
Common
11-24
(quar.)—:$1.25
2.
Line Co..—
—;
20c,,., 12-15
Budd (Edwqrd G.),
:
Cincinnati New Orl.
11-30
12-15
!25c;;.;;.12-l5y
v:
Quartcirly
1
12-
11-20
12-15
12- 5
12- 5
12-1
(quar.,)———:—
25c 1-15-45
———;
25c 4-14-45
^
25c 7-14-45',
25clC-15-45
———
—75c
12-14
Oil
Quarterly
11-29
12-
10-23
12-
Cotton
12- 9
Dentist's Supply Co. of New York-
12-20
12-14
12-18
12- 4
12- 1
12-30
12-30
12-15
12-23
1
25c
11-24
12-1
12-11
1-1-45
12- 1
12-18
9
56
11-24
1
1
11-20
12-15
$10c
):,
Silk
$1
Extra.;:—---;^.-;—I—75c
Chestnut:Hill RR, Co. (quar.)
—75c,
Chicago Corp., $3 preferred (quar.)
:
75c
Chicago & Northwestern Ry., com. (initial)
$5
5',0 i preferred vtc.
(year-end)
—
$5
Chicago Rivet & Machine (year-end)
30c
Chicago South Shore & South Bend RR.—
'
11-18
Corporations*
preferred
25c
12-
'
(quar.)
preferred (quar.)______
Cunningham Drug Stores—
6(- Class A prior preference (s-a);
Curtis Publishing Co., $4 prior pfd. (quar.)
Cushman's Sons, $8 preferred (accum.) ____
7('£»
preferred (qua:.*,)
Dayton Power & Light, 4 Va % preferred (quar.)
Dealers Credit, Inc. (year-end)
Debenture & Securities Corp., 5 (t pfd. (s-a)
Deep Rock Oil Corp
Deere
& Co.,
7(4 preferred (quar.)_______
Delaware & Bound Brook RR. Co.—
New common
($25 par) (initial)
12-1
12-15
12-30
1
12-23
—.
convertible
&
Cuneo
12-
12- 4
12-15
12-
Inc., common
preferred
(quar.)
Co., common
Crura
12-
Chrysler Corp. —
Cincinnati Advertising Products-
11-18
Inc.i—40c
12-11
Brewing Corp. of America ' (year-end)ftw_ft
621ic
12-11
Bright (T. G.) Co., Ltd., G'/o pfd. I quar.)-.4
$$1.50
12-15
Bristol-Myers Co. iinterim»
50c
12-1
Bixioklyn, EdisonxCo,- .(quar.)__„a~-2.._aa—
$1.75 f.411-30
Brooklyn Telegraph & Messenger (quar.).—
$1.2512- 1
Brooksidc Mills )re,sumedt_—- ;
50c
12- 1
Brown Fence & Wire,-$2 pfd. A (Irregular)_
> 1; $1 2-28-45Brown-McLaren Manufacturing
(quar.)—- ;
2Vicdt:i2- 1
Brown Shoe Co., Inc.t
50c -f -G2- 1
Bruce (E. L.)
Co., common tquar.)_:
25c- -12-10
7';>
preferred
Common
Woven Hose & Rubber Co.—•
: *
•
preferred ;(s-a>___~ft___~ft___ftftft
$3 -12-15
Bower Roller Bearing (year end),
./
Sift. 12-20
Boyertown Burial Casket (quar,)..'
:_—
25c
12- 1
Brandon Corp., Class A (accum.) ______ft;" $2.50
12-31
7ft
preferred (s-aft——$3.50
1-1
Brazilian Traction Bight & Power (interim)
t$l
12- 1
V/^'o
$1.50
Products,
Score
Quarterly
1-31
6ft
Brack
$1.50
$3.50
!
Boston
Breeze
37VaC
11-30
$1.25 y 12-29.
ft
10c
(s-a)
■
11-20
Albany RR. Cc.._.
Elevated Ry. (quar.i____;;_;,uv_;____. ft-$1.25,ft.' 1-2:
Herald-Traveler Corp. (special)—ft-v
15c
12- 8
Boston
Mills
5(4
"
$1,816
(quar.)——10c
________
Drug
Crura
11-30
12- 9
12-12
12-
12-15
12 Vac
(year-end)
Pass Coal Co., Ltd.
Crucible Steel Co. of America-
Chickasha
11-10
12-
"
12-
12-20
$1.50
Crow's Nest
30c
Chicago Towel Co., common (year-end)--—
•
$2
$7 preferred (quar.)
$1.75
Chicago Yellow Cab—————25c
12-20
12-20
ft':
12- 1
12- 1
■
Quarterly
11-13
12-15
$1.12 Mr ft 1- 2
$1.75i 12-15
$2.25 - 12-30
&
Boston
1
11-20
11-20
12-1
I- 2
.«
(year-end)_;ftft_i._-,,...
Borne-Scrymser Co.
11-18
12-26
75c
Bond Investment Trust of America—
1 , ; ft/ft
Units of beneficial intereet is-a)
ft
$2.
Extra'.-.-ft 50c'•
Bond Stores, Inc. common tquar.)
ft
50c
'_:
Aluminum & Brass-...
Bohn
10c
15c
■
(year-end)
Corp.
convertible
$5
11-30
'
1
11-20
12- 1
$2.25
12-15
$1.25 2-15-45
,*•
1
12-20
(quar,
Cork & Seal Co.,
$2.25
12-20
12-20
12-20
(quar.) —
preferred (quar,)__-„^„v---~-___--_i
Chapman Valve Mfg. Co., .7(4 preferred—Chesebroug'h Manuiacturing
iquar.).
11-20
12-11
12-11
.
.
(year-end) i
11-25
$1.25
(quar.)_______—
Inc. (quar.)
Brewing
7(4
6%
1
12-
12-30
Champion Paper & Fibre, common
11-20
11-
12- 1
15c Year-end ,__v___.,__..__ft.___ft.___ftl~_-~_ftft/'
10c
Bloch Brothers Tobacco, 6ft pfd.
(quar.),.$1.50
Blue Ridge Corp., $3 conv, preferred (quar.),
Optional (»Vsh, of com. stk. or cash) ..
75c:
Blunicnthal iSidney) & Co., 7ft- pfd. (quar.)
$1.75
Common
(initial)
_—T20c
Blaw-Knox
12-
11-30
$3.50
$3
Wire
1
12-15
25c
Crown Zellerbach Corp.—
■
(accum)
1
11-
3114c
America,
Petroleum
Crown
11-15
Vermont Public Service Corp.—
preferred
Century Ribbon
of
preferred
Crown
11-24
12-1
1
12-
1
12-
f$1.75
(quar.)__
common
preferred
Croft
11-20
11-20
12-
Co.,
6(4
12-20
25c
15c
(year-end)
(accum.)>.
Inc.
Edison
&
12-
12-10
6 2 Vac
Crompton & Knowles Loom Works—
11-15
,
$6
Chain
11-21
12-1
,
:
.
—$1.50
Extra
11; o
12-1
L_'_$1.25
Light, common...
(quar.)
1
•
11-21
$1.75;;1- 2
50c
12-1
$1.50
12- l
60c
12- 1
$1.25
12- 1
87Vac
12-1
$1.50
12-15
7ft
Birmingham Water
-
:'
$1.50
Central Steel
Central
11-11
12-
States
Central
11-30
12-10
Common
West Utilities Co.—•
preferred
lien
prior
$6
11-30
.
common—.
5
Inc.
Co.
South
&
prior lion preferred
$7
11-20
jqunr,)__;_-___;,,-_r-ftft$1.25
12- 1
$1-75.;. 12- 1
$5, conv, .preferred
>$7
Bethlehem
:
'
Central
11-15
______
.
Central Paper
11-15
20c
Creole
11-15
12-13
1* 2
.1243
1-2
12-13
12- 1:. 11-17
12-15
12-15
50C
conv.
$6 preferred (quar.)
Central Ohio Steel Products
11-15
37J/2C .12- 1
Co. (quar,)
__—$1 1-2-45
Extra
—
'
,S1
12-15.
Belding-Corticelli Ltd., common (quar.)_—.
?$1 t 1- 3
7't
preferred fquar.>__~—
' 4$ 1.75 : . .1- 2
Belknap Hardware: & Manufacturing...^...
' 25c ; . 12- 1
Berglioff. Brewing Corp,——_
—
•/.- 25c . .1,-12-11
Berkshire Fine Spinning Assoc.—
preferred 1 accum.)
Central Ohio Light -& Power Co.—
$1.50
11-17
common
12 Vac
Central Illinois Securities Corp.-—
11-15
„.'37%c-:; 12-1.
—.•
(accum.),;
11-10
(quar.)__„__^;
preferred
$1.50 convertible
Beech-Nut, Packing
$2
$2
(accum.)
6"preferred
11-10
-
Beaunit
preferred
$6
11-30
5'/o
'.V;
Public. Servicer—
Central Illinois
$1
Creameries
,
11-15
20c
Varnish Co.,
Paint &
50c
12-1
$1.18%
.,
11-17
(quar.,i_
11-30
Crane
11-27
12-14
12-14
15c
50c
50c
(quai;)w--.v™.v--i_r.
Foundry Co., 5 Vo preferred (quar,)
Central Illinois Light Co., 4%% pfd, (quar.)
.
11-15
12-12
12-19
of Rec.
.
$4 preferred (quar.)„
—
Copperweld Steel Co., common iquar.)
5C4 preferred (quar.
Corrugated Paper Box, Ltd., 7(4 pfd. (accum.)
Counties Gas & Electric, 1st preferred (quar.)
11-15
12- 1
$2
Holders
Payable
Share
Name of Company
12-15
11-15
50c
$1.50
60c
•
(quar.)™;,.;____.-~-^^-
Central
__
1
0/ Fee.
12- 1
12- 9
12-23
12- 1
12-1
preferred class A (quar.)
6'//> preferred class B (quar.)
Catalin Corporation of Amer. (year-end)-,—
Caterpillar Tractor Co. (quar.)
Celanese Oorp. of America, common (quar.)
1
12-
$$1.50
$2
$1.50
50c
50c
6 (fc
12-20
Hoiaers
Payable
Cook
Light Heat,
& Pow^r Co. Ltd., 6';/ preferred (quar.),
Canfield'Oil, common.....
6$ preferred (quar.)_,^-__;__„:
—
Carman '& Co., class B (increased)
—.
$2 class A (quar.)
_Tv
11-20
4114c
12J/2c
" ",7c
Monthly
7c ' 12-20
Balfour Building, common v.t.c. (quar,).--,-'
$1
11-30
B/G Foods, Inc., 7ft prior preferred (quar.)
$1.75
1- 2
Common ((resumed)
—^14--.——
;—*
"
10c;' 12-15
Baltimore Radio Show Inc., coramon..—5c ': 12-1
6 to preferred
15c / 12- 1
Bangor & Aroostook RR., "5. ft pfd. (accum.)
$2.50
; 1-. 2
Bangor Hydro-Electric Co., 7 ft pfd. (quar.)
$1.75
1- 2
6to, preferred fqmir.)
$1.50
1- 2
Efank of Montreal (initial quarterly)
—__
tl5c
12- 1
Bank of Toronto (Initial I
Jt25c ;12- 1
Banqtie Canadienne 1 Rationale (Montreal)—.1.
Initial quarterly' _i__—i./V, 115c
12- 1
Barlow & Seclig Mfg. Co., common—4-.; 10c;
12- 1
$1.20 class A (quar.),—30c
12- 1
Barnsdall Oil Co, (quar.) __________—'15c
12- 9
Extra—4-* .'• / 20c
12- 9
Bastian-Blessing Co.
iyear-cnd) ___:
40c
11-30
Bathurst Potter & Paper, class'A. (quar.)—
425c
12- 1
convertible preferred (quar.)
Machine Corp, (year-end)
AvPndale Mills
{monthly)^*'.
$1,130
Share
Natural Gas
Canadian-Western
11-20
When
Per
•
Company
11-15
12-1
12- 1
12-1
12-1
12- 1
Automatic Voting
Name of
11-15.
11-30
25c
25c
(initial quar,;)—
Co., new preferred
Autocar
of Rec.
30c
Ordnance
Auto
Holders
-
When
Per
'
Whe?i:
Payable
Per
Share
Name 61 Company
Light & Traction Co., $6 pfd. (quar.)
Federal-Mogul Corp.
(quar.)
Extra
'
$1.50
12-16
H-30
11-15
12-
11-15*
1
30c
12- 9
11-30
10c
12-
11-38
9
Per
Name of
Federal
United
Common
7 k
Company
A
Firestone
50c
1212-
5
1-15
(quar.)
15c
Mfg,
Co.,
Co. (quar.):
class A (quar.)—-,
-,—L
37Vic
"
Hooker
12-5
12-15
12-
Horn
Co.—
•
(year-end)
12-11
50c
:
11-30
1
11-15
12-
$1.12'/a
preferred
Electrochemical,
$4.25 preferred
5
-
C.)
(A.
.7r"
prior preferred- (quart).____.__.____-__-._:
(N. Y.)—-
«'.•
A
Class
B
(s-a i-
$1,25
Fishman' imV'h.T
Quarterly'
■
B
:—-
FJintkote
$4.50 preferred
.
preferred
Ford Hotels Co,
A
Class
12-
1
11-20
12-
1
11-20
12- 9
11-20
12-15
11-25
12-12
12-
87VaC
12-
(quar.)
5
11-15.
12-11
12-
1
12-16
11-25
Illinois
12-16
11-25
Illinois
5(ic
1
11-15
12-15
11-29
12-
25c
12-
1
12-
1
11-20
$1.12 Pa
12-
1
11-20
$1.50
previously
12-H
'.
12 VaC
12-15
J20C
—
12-30
12-
1
12-
1
5(7
$$1.38
1-
2
12-
1
6Va(7
(quar.
General
Corp.
Bronze
Year-end
Co.,
$2
12-
1
Corp.
Corp.,
General Motors
'» 20c
'■
12-
1
10-26
12-
common
or
12-11
12-
1
12- 1
11-13
12-11
30c
12-
1
25c
1-
2
12-
11-27
12-15
12-' 8
share)
2
12-15
11-30
11-20
Interstate
25c
12-14
11-30
Intertype Corp.
iquar.)
——
Investment Foundation Ltd.,
Insurance Co.—
(this payment clears all
2nd preferred
(quar.)
Brewing
Goebel
Iowa Southern Utilities Co..
$5
Co.,
F.)
(B.
11-24
12-12
Jamaica
Public Service
12-28
12-
8
7'7
preferred A
11-15
Vc
preference B
$1.25
12-15
11-15
Goodyear Tire & Rubber, common——
preferred (quar.)
;
Goodyear Tire & Rubber Co. of CanadaCommon (quar.i
——————$5
(interim)——
1- 2
.
Gorham
Manufacturing
Gossard
Consolidated
12-15
12-15
12-15
12-
12-15
12-
1
preferred (quart*
—$1.06V4
Johns-Munvilie-Corp. (year-end)—$1.25
1
11-
9
Jones
FhTwTDoTIIIIIIZZZZZI1—I"I
Granby
12-31
12-31
Ltd.,
Co..
Power
Union
Grand
Grand view
(quar.)
1
11-15
12-11
11-20
lc
12-15
11-15
Laughlin Steel Corp^. com. (quar.)
50c
preferred class A (quar.)—
__
$1.25
5(7. preferred class B (quart)______——_
$1.25
Joy Manufacturing (quar.)
!
—20c
Extra
20c
12-15
11-20
Kalamazoo Vegetable
12-
f 15c
(year-end)
_
—
.
.F
——
Great- American Indemnity
10c
(N. Y.
12-1
$1
preferred
Northern
Paper
Great
Northern
Ry.,
Great-
Western
7k
$1.75 '
(quar.)——
preferred
Sugar,
1
11-15
12-
1
11-20
(quar.)
12-16
11-13
$1
■
40c
1-
2
—
1-
2
preferred (accum.) ______
Griesedieck Western Brewery Co.—
$6
12-15
11-20
12- 1
(quar.).
-----Grocery Store Products Co.__——
Group No. 1 Oil Corp.___—
Group No. 2 Oil Corp.—1—u.—
Gruen Watch Co., 5'f
preferred
<julf Oil Corporation (quar.i.—i—.
1
3-
1
2-14
50c
12-
1
11-20
50c
7%
12-
12-
1
11-20
$1.75
1-2-45
12-23
15c
11-30
11-15
$50
12-27
12-
4
10c
12-27
12-
4
preferred
,
31V4C
:
■"v
50c
Hajoca
,
6V?
Hale
Water,
preferred A
.V,b
Corp.,
(s-a»
common
common
Brothers
Stores
Mines,
Ltd.
75c
Co.,
12- 1
11-16
43Vic
12-31
12-14
12-
11-17
—,
Ltd,—.
—:——
preferred (quar.)
■/:
25c
12-1
11-15
$5c
12-
11-10
12-
$1.50
11-10
1
25c
12-20
12-
50c
Hammermill Paper. Co...common (quar.)—
Hancock Oil Co. of Calif, class A (quar.)__
12-1
11-15
5
10c
B
(quar.i—;
—— _■
■ (James)
Co., common (quar.)—a—
preferred (quar.«—
Hanna (M. A.) Co., $4)4 pfd. iquar.)
Harbison-Walker Refractories Co. (quar,,»—
preferred (quar.)—
Harshaw Chemical Co.,
(quar.)-'
11-15-
12-
1
11-15
11-11
5;,
1
.'11-11
Lake
1
11-15
7'7
$1.50
■
1-20
12-
$1.12 Va
1
1
11-10
■,
1-6
Glass
Co,
(quar.i—
—
11-15'
Lane Bryant
12-15
12-
5
Lane-Wells
12-
11-22
1-
2
12-
4
12-15*
Vc
Parts
25c
1
12-
1
12-
11-27
8
Landis
25c
Machine,
Co. (monthly?„„
r.articipntiner preferred
Leath & Co., common—
11-10
10-27
12- l
11-
Salt
Co.
12- 1
12-10
12-1
12- 1
11-30
$4
iquar.)
1-2-45
$1
35c
15c
$1.3712
$1.50
62VaC
_
1-15
12-15
12- 8
12- 1
•12-1
1-2
(R. G.), Inc.,
11-30
11-17
11-17
Lew
12-12"
Lexington W«ter,
Le Tourlieau
$4.50
conv.
preferred
Bvothen Co..
'
Life Savers
50c
Ltd.
common (quar.»_
(quar.)_
(interim)-,
7W, preferred
Corp, (year end/
1
25c
$ 1.12Vu
J40o
(quur.)t—-n- •• $1.75.
;
—$1,10
lo-tn
12-27
12-27
12- 5
11-30
19-20
12-12
12-12
11-20
1-2-45
12-14
>12-15
>
12- 1 '
12- 1
■
12-20
11-25
11- 9
11-9
12- l
12- i
11- 4
12- 9
-
11-10
11). 1
1
1-
2
12-
4
11-24
11-15
11-15
12-15
12-28
11-30
12-16*
$1.50
12-22
12-
12- 1
12-11
11-15
preferred
$1.62Va
Textile
Corp.,
Motor
Car.
common
(quar.)--—.
______
/
4
Abrasive
Mid-West
Oil
Co.,
12- 1
12- 1
12-11
12-11
Extra
•'•••
—_—_————a.
(s-a)———
Middle West Corp. (year-end)
Extra (subject to SEC approval)
preferred
2
2
2
2
1-2
12- 1
12- 1
1-2-45
1-2-45
1-2-45
1-2-45
12- 1
12- 1
12-15
12-15
7'ac
4c
—_
11-20
11-20
■
12-15
11-21
11-15
12-15
12-15
12-15
12-15
11-
1
11-22
11-15
11-15
11-15
11-24
30c
$2
25c
12-20
12-20
12-15
25c
$1.25
$1.27Va
$1.37V2
$1.50
12-12
- 12- 1
12-1
-12-1
12- 1
25c
25c
12- 9
12-9
11-25
preferred B (quar.)_2._—_———
$1
4%k preferred C (quar.)_—
_______
$1.06
4',c preferred D (quar.)
—$1
12- 1
12- 112- 1
11-20
$1
25c
25c
25c
12- 1
12-22
11-30
12- 1
12- 1
12-15
12- 8
12- 9
10-30
12- 5
11-24
-
Corp., $2 conv. pref. iaccum.i_
Hart, Inc., $1 prior preferred—_
Minneapolis Gas Light Co., 5(7 pfd. (quar.)
$5.10
preferred (quar.)—
5Via(7
preferred (quart)——
Midland
Miller
Oil
&
preferred (quar.i
;
———
Minneapolis-Honeywell Regulator6(7
Common
,
11-20
1111-
37%c
w_—
'
8k
11-20
$1
3c
;
(s-ai—
1
11-20
$1.75
Co.—
common
1
12-
$1.50
$6 junior preferred (quart)————1
H 7(4 preferred
(quar.)—
k__
Mid-Continental Petroleum (year end)—
v
Midwest
12-
25c
$1.50
$1.50
6(7
2."'
12- 1
.
Public Service common (quar.)—
preferred (quar.)
—
6% pfd. series of 1940 (quar.)——_—.__-7'
Michigan
11-15
12-11
35c
$1.75
20c
8IV4C
20c
25c
•
(quar.)____—,—/:
;
25c
Edison, $5 preferred-—______
$1.25
preferred __!
——
—'
$1.50
$6 prior preferred— _—$1.50
$7 preferred"''
—
$1.75
$7 prior preferred——
_
$1.75
Michigan Consolidated Gas Co.—•
prefeired (quar.)_^-~—
• $1.18%
12- 5
11-1
11-
50c
3c
Transportation
Miners
$6
11-15
11-18
11-15
$$1.11
preferred
(quart)_.._—_________—
Extra
11-15
11-14
11-29
11-15
11-15
Metropolitan
11- 3
11- 3
12-22
12- 5
12-15
(quar.)
Meteor
,
12- 1
12-15
11-23
11-~1
(year-end)___
$3.25 participating preferred (quar.)
Participating
10-20
' ?30c
12- 1
,$$1.75 '. 12- 1
20c
12-11
20c
12-15
62Vic r 1-2
$1.75 -12-15
25c
12" 1
25c
12-15
$1
11-30
J20c
12- 1 '
U-30
11-15
11-30
12- 1
—
Robbins,
&
&
Metal
11-15
'' 7
$1.25
11-25
12- 1
Petroleum
7 (V
11-20
12-15
6
11-15
Mergenthaler Linotype Co
__________
Merritt-Chapman & Scott Corp.—
6Va'7 preferred (accum. 1 ________________
Metal & Thermit, common_..__„_____—_7—
12-23
5c
.,»•
11-10
50c
Merchants
11-10
12-15
1-15
12-23
'; ri:20c
(s-a)
(quar,)x____
1
1-16
"
>
12-19
433:ic
$55VaC
—
Merchants
11-21
11-30
10c
11-15
12- 4
11-30
12-1
Corporation, common__
——_
preferred class B (quar.)__
preferred class A (quar.) ________—_
Meadville Telephone Co., 5k
pfd. fs-a»
11-18
12- 2
11-24
11- 6
11-24
.12- 1
25c
Co._„___:
$6
11-18
.
11-25
11-25 '
11-29
(accum.) ___________—$7
5Va9
11-15
11-21
______
1
1-26-43
11-30
12-12
$3
10c
$2.50 preferred (quar.)
62(20
Lee (K. D.) Co. (quar.)
25c
Lehigh Coal ,& Ntivigation (year end)
50c
Lehigh Portland Cement,: 4'T* pfd,. (quar.$1
fiH
12-
15c
(quar.)—.;—
(year-end)
Laura Seeord Candy Shops (quar.)
;
Lawyers Title Insurance (Richmond, Va.)—
12-
12-22
preferred
(quar.)___4
Co.
12-15
15c
(year-end)
common
(quar.)
7'7
Inc.
20c
.
Co..
{'resumed),...-
(quar.)
Lanston Monotype Machine
Leslie
—
——
12-
12-11
1
•
SI
preferred
Monthly
11-15
12-11
40c
Rubinstein.
See "Rubinstein."
F"bber Corp. (quar.)
—
Chemical Corp., common
(quar.'
Hibbard Spencer Bartlett
4%
12-15
25c
iquar.)
12-
25c
Hein-Werner Motor
12-15
(quar.)
prefened
$2.50
5
12-15
(quar.*__—_______
(quar.)_____
^
Milling, common—;
& Sessions
12-1
$1.25
Corporation —
Heela Mining Co.
(quar.i—
Heikman (G.< Brewing Co._.
Heyden
Lamson
12-
50c
Hozelti^e
Hewitt
'
12-15
1
Ltd.
Lakey Foundry & Machine Co.
12-15
$1.75
$1.50
25c
11-15
12- 9
1-2-45
12- 1
1- 2
1- 2
12-9
Mead
12- 1
common..-
the Woods
preferred
$1
'
12-12
11-29
11-29
12-11
(quar.)——,—
District Power Co.—
preferred
of
$1
Co., $4 prior pfd.
Quarterly
Helena
Mines,
Lake Superior
1
12-
common
a—
Shore
25c
(quar.)
This payment clear all arrears————
Hathaway Bakeries, $7 preferred (accum.rt.
Hawaiian Commercial
& Sugar Co. Ltd.—
.
:
12.
Co.,
Extra
12-
25c
12-15
12-23
30c
10c
5c
25c
—
(S. Hi"
Lake
12-
Common
I-Iartman Tobacco
Hazel-Atlas
11-15
1,
25c
———.—_
pfd,
1
12-
$1.50
25c
Stores,
Laclede-Christy Clay Products,
87 V2C
Vic
Extra
____
12-15
1
8
11-28
50c
50c
35c
Co
preferred
Common
11-28
12-1
12- 1
12- 1
12-13
,
$1.06(4
Hanley
b'ic
12-
50c
10c
Class
20c
' 10c
$2.50
i;
—
12-15
12- 9
1-2
12- 8
12-15
.
8
12-1
$22V2c
_
11-
25c
25c
12-
12- 8
25c
40c
26vaC
11-20
.:
V
—
Extra
12-15
20c
12-12
40c
12-14
6k
special preferred (quar.)
_________
15c
12-14
Ki-oger Grocery & Baking, common (quai'.):_.
••
50c, 12-1
6k
1st preferred (quar.)„_——$1.50
1- 2
7k
2nd preferred (quart)
$1.75 2-1-45
Kuppenheimer (B.) & Co. (s-a.)___—
50c
1- 2
Extra
50c
1-2
11-17
1
6(7
Extra
Kfess
12-1
,
6V
1
$1.50
—
(quar.i——,1—
(quar.i—.—
Hamilton Cotion Co.,
Hamilton Watch
11-17
50C
preferred (quar.)—
Hallnor
12-11
—.—
(quar.i-i.—-—
12- 1
11-20
12- 9
Inc.__„.^
—__________
Koehring Company )year-end)___—.
;—
Kresge (S. S.i Co. (quar.)—
—_
Kobacker
11-17
•
Hackensack
Corp.,
Extra
12-11
$1.50
87Vac
SI
——30c
:7
$2
preferred_—____
$1.50
12-11
"•
';'
McKesson
12- 1
11-10
11-1
11-25
11-30
11-28
King-Seeley Corp.
—_~_1Kingston Products Corp.—__——
Kinney Manufacturing Co_ common___——$6 non-cum. preferred (quar.)—
Klein (D. Emil) & Co. (quart)______7-_____
Kleinert
(J. B.) Rubber Co. (year-end)——
Knudseu Creamery Co., common
1-2
25c
'
County
Kimberlv-Clark
11-14
34%c
343ijc
preferred (quar.)———————
5Vs
preferred (quart)
.
,
Griggs Cooper & Co., common (quar.)
5%?r(
12-15
7 ,7
(year-end)
Land Co.
Keystone Steel &: Wire
Kilburn Mills iquar.)
Kern
$1.50
—;
30c
11-11
11-29
'. 25c.
50c
75c
McCiatchy Newspaper, 7(7 pfd. iquar.)
Mclntyre Porcupine Mines (quar.)_________
' 12-1
& Co._—
—
Kendall Co.. $6 partic. pfcl. class A (quart)_
Kentucky Utilities Co.. 7 V junior pfd. (quar.)
Corp.—
Green Mountain Power
12-15
(Juliusi
Kayser
12-15
$1.75
common————
7(7
' 11-30
25c
1
12-
12-15
2VV7
iquar.)
May McEwen Kaiser
•
11-21
Year-end
12-
11-30
.
.
iquar.i
preferred
12-
40c
(quar.)__
Great
11-15
2
12-15
Matthiessen & Hegeler Zinc Co.—
12- 5
common..
7
.Extra
1-18
11-25
12- 4
12- 4
12- 4
11-21
12- 9
15c
(quar.)
;
12-
12-15
—/;
6c
preferred iquar.) ____
$1.12V>
Corp., 4Va(7
Electric
11-30
12-20
i5c
$2
,
Agricultural Co. Ltd. (year-end,
Master
11-30
10-31
1-2-45
11-30
12- 9
$1.25
12- 9
25c
12-15
30c J 11-30
■
Semi-annual
1
11-20
10-31
40c
25c
25c
Communications
deposit receipts (ordinary) (interim;
Common
12-
11-10
Marine
Internat'l
Amer.
11-15
12-15
-
:
Extra
12- 6
12- 6 V
12-15
12-15
1- 1
Parchment Co.
37VjC
$4.50 preferred _____________$1.12)4
Kaufmann Department Stores Inc.—
: 7
Katz Drug Co.,
Great Atlantic & Pacific Tea Co. of Amer.—
7 k
&
5(7
&
.
2-1
12-8
1-6
1- 6
lr 6
12- 9
4)4'7
1
25c
Smelting
Mining,
12-
50C
(s-a)
Co,
Mines
12-15
7:
Inc._„_
Square
Marconi
Maui
1-2-45
12-15
11-20
11-20
11-17
12-15
__
iP. R ), common (year-end)__—7
preferred (quar.)
Manhattan Shirt Co, iquar.)
11-30
163c
12-31
—
(interim)
4V'4(7
11-30
11-30
11-30
11-25
preference C (quar. i
:
xlYt'ie'
1-2
'57' preference D lquar.).____7v___'^„____:/XlVi^.,
1- 2
Jantzen Knitting Mills. 5)7
pfd. (quart)—_
$1.25
12-1
Jewel Tea Co, Inc., common (quar.)——
25c
12-20
Extra
'
'
7,7 40c
12-20
12-15
12-15
1-2-45
-rt
Paper Co
Mines
Gold
Mallory
11-30
5'V
4
11-11
J/4c
74c
t25c
Garden
Repeating Razor, common (quar.)
$5 preferred (quar.)
—i_,—7
Magma Copper Co
Maguire Industries (year-end t
Mahon (R. C.) Co.__—7
12- 1
11-15
1-2
$$2.50
$62 VaC
—
&
Power
Madison
1 11-16
11-29
12-1
1- 2
50c
tquar.)——
preferred
Ltd
Mines,
MacLaren
11-16
17c
12-1
12-15
20c
$1.50
1
May Department Stores (quar.)____________
Massachusetts Plate Glass Insurance Co,—
$1
5(7
Macassa
MacLeod-Cockshutt
Trucks,
x$1.75
—
—
iquar. 1
11-17
7:-
7
(R. H.) & Co., common
xl3i V;
(quar.)
Ltd., com.
(quar.)
11-
7
11-17
Island Mountain Mines Ltd.
12-15
8
12- 1
Extra
12-20
11-10
11-20
50c
8
12-
V-»c
12r 1
12- 1
11-10
11-30
50c
12-
(s-a)
M Consolidated
& M
J
Maryland' Fund
1
$1.25
______—————-
M
Masonite
12-12
12-
11- 7
12-23
■
(quar.lk
12- 1
—.
.
11-10
1-2
4c
10c
12-15
,t
■
11-25
12-30
12-30
12-11
-
1-15
12-10
iaecum.)
" 7
*12-15
12-15
12-15
12-1
$75c
$2.10
.
77 pfd. (accum.)
11-25
12-22
Co., 61a(7
Mack
12- 1
'
1-15
11-15
12-12
preferred (quar.)-' $1.62Vr
Lynchburg & Abington Telephone (s-a)
$3
Lyon Metal Products Inc. (quar.)________4V 7
25c
Lunkenheimer
10-16
12-15
11-14
7
„:
$3c
pfd. (quar.)
6V
,
5c
37 VaC
common—___—,
iquar.)
preferred
7
25c
—————
Cycle Corp. (quar.)
Goodaii-Sanford. Inc. (initial quarterly)——
*
1-15*
12-15
$1
25c
1
—,—
$1.95
6 7 preferred (accum.)___________—$1.80
Iron Fireman Mfg.
(quar.)
30c
preferred
6^7
11-24
1
12-
$2.50
Golden
Goodrich
Mills Inc. iqnar.i
(year-end)
iquar.)_______
Natural Gas
11-14
11-15
7
"'
11-30
11-15
11-15
.
4
f$l
7$1.75
30c
y 10c
& Sales Co.
Manufacturing
12-30
12- 1
12-1
12- 1;
12- 1
12- 8
(initialW_li—
Corp.
11-
11-29*
$2
Extra
Ludlow
t40c
Interstate Hosiery
25c
Globe & Rutgers Five
$5
Utilities
International
11-21
12-15
11-
Magazine
$50c
50c
75c
$1
$1
25c
11-21
11-
Provision, 8(7 preferred (s-a) ____
Louisville Title Mortgage Co.
(s-a),_______
11- 6
Co., Ltd.
11-21
11-20
iquar.)
(year-end)
11-30.
11-30
$1
Corp.
11-30
11-30
$1
(monthly)
common
Louisville
12-20
11-27
-
1-
■
12-1
Corp.
1
12-11
11-22
.
11-27
12-15
1-15
12-
12- 1
preferred class A (accum.)
10c
12- 1
Longhorn Portland Cement—
,;r.
7;kk'k,,k.6S7 preferred (quar.)
—
$1.25
12-1
Participating
25c
12- 1
Lord & Taylor, 6(7 1st preferred (quar.)—$1.50
12- 1
Los Angeles Investment Co. 1 year-end)___
50c *11-30
Louisiana Land & Exploration (quar,)—7—U
10c
12-15
Louisville & Nashville RR. (year end)
$2
12-12
12-15
(s-a)—_
(year-end)—
International Silver iquarti__l_________-__-._,7 ;
11-22
Gas
11-10
.
$4
10-31
11-24
11-29*
;
Star
<
11-10
112"aC
:
Long-Bell Lumber (Mo.)——
Long-Bell Lumber Co. (Md.)—
Macy
Canada
of
Co.
Products
6
75C
—
Lone
$1.75
Petroleum
12-
80c
————_——
Machine Co.
30c
65c
;
Extra
Gerrard
Gisholt
Nickle
B
(interim)
preferred
55c
International
11-21
12- 1
$2.25
Common
Co.—
7)7 preferred (quar.)
International
stock (66/i000th of a
(resumed)
(aecum.)
International
Payable in cash
preferred (qUar.'C—
(S, A.), preferred (s-a
$3
'■
12-15
12- 1
11-6
11-15
11-10
12-1
12- 8
12- 9
1-29
12-11
Year-end
11-10
50c
(quar.)—__C
Publishing
Educational
(quar.)___
—l
and
(quar.'i_____„_____i____i__
Theatres, Ltd.-—
(Marcus)
7V<
Ltd., class A
A
12- 1
12- 1
1-2-45
12-16
11-30
11-30'
12- 1
2-1-45
11-30
12- 9
12- 9
12-1
12- X
12-1
...
$1.10
20c
,7 $25c
' ,725c
iquar.)
(monthly.)
preferred
8(7
Loew*s
11-20
12- 1
11-30
12- 1
International Harvester Co., common (quar.)
8
1-
2-1
50c
:—
_________________________
preferred
S3.50
11-16
9
$1.25
2
Cigar Machinery
International
12-16
75c
———————
dividend
Stock
International
11-15
General Water Gas & ElectricCommon
12-1
50c
35c 7
$1.50
5Vr
30c
:
*__7—-
:
Corp
Pipe,
( "Common
11-21
$1.50
$25c
$1.50
—a—_
International Business Machine Corp. (quart)
1
20c
$1.75
conunon
(aecum.).
preferred
Iron
Interlake
(quar,)—
___
General Paint- Corp.
(special)—
General Reinsurance Corp. (N. Y.)
General Shareholdings Corp.—
$6
1
$1
shares
Aviation
will be
preferred
$5
iquar. 1
Inglis (John) Co. Ltd. (initial)——-_____ —
Inland Steel (year end)—_—______
._'
Institutional Securities, Ltd.—
10-26
———_—_———
General Instrument
12-
Ingersoll-Rand Co
10c
Oil
General Crude
30c
Industrial Brownhoist Corp.— '• v
11-15
•
stock_____4
class
12-1
30c
"
:
(quar.)
(quar.)„^—
on
Lock, Joint
11-21
11-30
1
B
Extra
12-20
1
11-30
12-
(quar.)
common
original
Class
12-20
2
11-30-
preferred (quar.)—
7 So
2
1-
12-
20c
12-15
——~—-—————————
General Cigar
.1-
75c
25c
12-15
75c
Co.,
Loblaw Groceterias
11-16
Quarterly'
'
Corp.; com. cl. A—
$3.30
9-22
1
12-15
(Oct. 23rd issue).
(s-a)
found' on page 1735
8
12VaC
:
—
optional feature
of
1212-
683iq
B___
class
details
Full
30)
$25C
t' - ivo •
60c conv: 1st preferred
(accum.l
)
30c
1-1
Industrial Properties (Cleveland, Ohio)
50c -12-12
■
Common
prefencd
preferred
Loblaw Groceterias Inc.
11-14
12-30
12 Vac
(quar.)
General Aniline & Film
$l0c
(year-end 1
com.
'
•
$1.75
50c
61 i kpreferred (quar.)
$1.62%'
Lion Oil Refining Co. iquar.)
25c
Lionel Corp.
(quar.)
20c
Extra '
___74_
7' 10c
Liquid Carbonic Corp. common (quar.,25c
4Va
preferred (quar.)____
$1.12 Va
Little Long Lac Gold Mines Ltd. (interim;.76c
Little Miami RR„ special stock (quart)_____
50c
Indianapolis Public Welfare Loan Assn.—
12-
preferred (quar.)"_——
————
preferred (quart)
——_———_
Gaylord Container Corp., common (quar.) —
convertible
6fc
Co.,
/
,
!
iquar.),
Products
Steel
(quart)__-____^_____„____
,
7',7
of JteC.
11-10
(Wash., D. C.)—
Corp.
7 .6(V
Link-Belt
12-11 /
10-26
lk 2
11-2
1 . $2
1-: 1;
$1.50
12-1
6212- 1
$1.37Va
12- 1
;!
Oil, Ltd. ■ (s-a)
Chemical, common
Indiana
1
12-30
2
Corp.
(accum.l
"$3- preferred
1
12-
1-
preferred
preferred—;
5'7
Gas &
Indiana
$5c
America
preferred
Imperial
11-24
$$1.25
5Vz(,r
Co.,
12-12
12-12
12-12
12-1
__________
(quar.)
preferred
Extra
11-20
11-10
11-10
12-21
11-30
12-20
.
25c
87VaC
.preferred (quar.)__4___>.-_____^_r,-__
37%c
Lincoln Stores, common
(quar.' 30c
Service
7Ci>
;
I resumed )
Co.
Holders
.
12-20
12-20
Common
/ "
Imperial Chemical industries, Ltd.—
Ordinary shares (interim)
11-24
1-10
,
$1
(quar.)
common
(s-a.)_—_J_
guaranteed
4V
Municipal Water Co., 6pid. (quar.)
Power
12-30
'5;
,,
11-14
40c
————
Lines,
..7
-
Heel
&
Petroleum
Lincoln
.
...
10c
3c
Sole
Lincoln
11- 3
.12- 8
11-15
11-15.:
12-1
12-1
12-30
12-15
$1.75
preferred (quar.)_
Co.—
Imperial Tobacco Co. of Canada Ltd.—
50c
preferred———
was
Central RR.
Leased
$2.50
12- 1
12-11
12- 1
12-1
.
Huttig Sash & Door. 7'V
1
12-21
Smeltir1g__u_„_______
f 25c
—:—_,
the Loom, Inc., S3
General
Ltd.
Illinois
50c
Co. (year-end)——
pfd.
(this payment
,withheld) '•
Gabriel Co., class A——
Power,
iquar.)
Mines,
f 25c
$3
Catineau
Gold
11-15
-
——
(quar.i—
preferred
11-20
1
preferred
514V
12-9
12- 1
1- 2
12-11
90c
21 Vic''
(quar.)_______^,___ '
common
Hudson Bay Mining &
1
2
Stores,
Howey
12-
12-
Freeport Sulphur Co. (quar.)— _'—
Fruehauf Trailer, common (quar.)—_
Fruit of
$1.31('4
)interim"•■,$lc
$$1
Hudson Motor Car. iquar. 1 ________________
10c
Humble Oil & Refilling Co.______________._-_
37Jic
Hummell-Ross Fibre Corp.,-6H
pfd. (quar.)
$1.50
Hunt Brothers Packing, 6V- pfcl. (quar.)___
15c
Huntington Water, 6'7
preferred (quar.,)—
$1.50
7'i. preferred (quar.)
;
$1.75
Hussman-Ligonier Co., 5Vi'< conv. pfd. (quar.)
68:!-iC
Hutchinson Sugar Co. (year-end)______
'
'45c
Canada Ltd.-—
Four-Twelve West Sixth
4 Vs
11-15
50c
Bridge. Works——
Pitt
Fort
11-15
$1.75
(quar.i—-——
B
1
12-1
$1.125
—:
(s-ai_>_—
Ford Motor Co. of
Class
12-
12-
45c
>
7k pfd. cl. A (quart),
(quar.)-———',-
7'-
12-10
10c
,
(quar.)—
(quar,)——
Howard
10c
———-•—
Corp.,
Power
12-
25c
Stores, class A iquar.
(quar.')—---—-—-——,-".-——'
Co.; common (year-end)——
Florence Stove Co.
Florida
"12-10
15c
Fitzsimmons
Class
12*
15c
iquar.)__:---—~-
Council Dredge & Dock Co.—
Fitz Simons &
,
"inc.
Co.,
12-10
"
Corp.__________7_—
Cup
Payable
75c
12- 1
,"»>
75c;. .12- 1
50c'
12- 1
37Vic
12-15
class
and
common
on
Cord
Lima
11-24
; 11-10 j
11-20
11-10
12-11
10-31
11-21
,11-16
11-10
11-16
12-1
preferred, ,(quar.)'__„;:______a^i._v--Houston Lighting & Power Co.
iquar.)—
25c
—
—
.
12-15
25c
(S-a,!_-____--r—
-
20c
(year-end)
50c
' Class
12-1
12-1
Extra
"
Lily-Tulip
11-15
12-1
8V1C
<
7
11-15:
11-15
11-15
11-29
45c
:
(quar.)__
5V.
12-
12-10
50c
11-15
When,
'
Share
Liggett: & Myers Tobacco, common (quar.)__
Class B jqu&rt Ln
11-30
$1.06V*-.. 12-30
partic. pfd.
6V
Co.,
75c
40c
(quar.i_.__'
common
(quar.)..(_J_„^__
Per
:;'r
Name of Company
Horn & Hardart Baking Co.
Common
of Ogdeq (UtabV—■
25c
30c
..
(Charles E.)
Hires
Hobart
1-10
T2-15
15c
—
First Security Corp.
50c
common-.:
Extra
Baltimore-
at
Rubber
&
Tire
Lumber,
(Edward!
Holders
of Rec,
12-20
12-1
12-1
12- 1
12-1
$25c
„
Special
5
12-10
(quar.)—.—_________
Common
4Vak
12-10
$2
$1.75
of Canada (quar.)
V'>
.7':
•
When
Payable
•.
Share
of Company
Hinde & Dauch Paper Co.
1
12-
12-15
Hines
'
(quar.).
ClassB
Per
1
:
Name
—_________
(quar.)
.
'
of Bee.
25c
Co. of America
Class
'»
Holders
Payable
■
Cleaning & Dyeing—'.
preferred
Finance
When
Share
Works
Screw
Fen ton
/.
Monday, November 27, 1944
THEV COMMERCIAL & FINANCIAL CHRONICLE
1332
(quaiH
..Extra
Mission
,
Corporation
Year-end
Missouri
•
_ ——
—
4k
——
—
—
PubHc Service Corp
—
Utilities Co.. common—,.
5(7
preferred (quar.i—Mitchell
(R.)
Co., Ltd
.—
Mobile Gas Service Corp., 6k
prefeired
Mohawk Carpet Mills Inc.—
Missouri
,
Hosiery
(formerly Mock,
Voehringer), common ______
Moji'd
Year-end
—
1
Judson,'
—
——!—,
preferred (initial quarterly)
Molybdenum Corp. of Am<>ri".a__—,*
Monarch Machine Tool (reduced)
$1.25
?$1
$1.62%
50c
20c
15c
62%c
5«;f.
12%c
—
50c
11-24
12-
1
12-
2
11-18
11-18
11-18
11-18
11-25
11-20
11-20
11-24
II-
3
11-15
11-15
11-15
11-24
12- 5
1- 1
11-24
12-22
12- 1
12-
12-15
5
11-24
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4337
Volume 160
Per
/
Loafi
Payable
Society,
%%. pfd. (quar.)
MonsantoChemical,,$4.50 pfd. A (s-a)—_- '
$4.50: preferred "B (s-a)——
Monrde,
Common
•••
(year-end)...I;.'■'
'
1
11-10
11-10
12-
75c
,
11-10
12-
$2
'
,
11-10
T
Name of Company
.
11-15
12-15
11-15
12-15
11-30
$2
12-11
11-30
25c
11-30
11-18
*
30c
12-11
11-17
•Peabody Coal Co.). 6% preferred (accum.)1_
Peck, Stow & Wilcox (year-end)
ic
Finance
Motor
Corp.
Motor'' Wheel Corp
MoUnt Diablo Oil
12-3
11-15
Pa ton Manufacturing (quar.)
7% preferred (quar.)
!
PattersOn-Sa'rgent
Paymaster Consolidated Mines, Ltd.—
"
—
35c
(quar.) —4——
Mining & Developm't Co.—
interim
12-2
Peninsular
Telephone;
common
11-15
11-20
Pennroad
12-15
U-15
12-20
12-1
12- 1
$1.75
$1.75 •3-1-45
11-10
$7
Pennsylvania Electric, 4.40% pfd. B (quar.)
Pennsylvania Electric Switch Co.-r.Class A (quar.)
Pennsylvania Exchange Bank (N, Y.) ts-a)
$7
$1.75
,6-1-45
5-12
$1.75
9-1-45
8-11
$1.75
12-1-45
11-10
debenture D (quar.)
debenture C (quar.)—
7(4% debenture B: (quar.)—————
8%
debenture A iquar.)
.1
—^
12-
1
11-
1
Mountain Producers Corp,
30c
(quar.)_^.
25c
(s-a)
Mullins Manufacturing class B
-
'
50c
(special)——
$7
preferred (quar.)
preferred (quar.) —t.———■
preferred (quar.)—
—
$7 preferred (quar.).—.
—
$7 preferred (quar.)——,
Muncie Water Works, 8% preferred (quar.)
Munson Line, $4 preferred A (irregular)—
$4 preferred ■ (accum.i—
—,
Murphy (G. C.) Co. (quar.) —
Murray Corp. of America (year-end i_:
Muskegon Motor. Specialties—
.
;
,,
$2 class' A'(quar.)
aa—
Muskogee Company, common (year-end)—_
6% preferred (quar.)——
Muskegon Piston Ring Co.„———
:
3
5(4% preferred. (quar.)_:
Sears, Roebuck & Co., common
12-15
12-
12-
1
11-15
$1.10
12-1
11-
1
30c
12-15
12-
1
30c
12-20
12-
9
12-20
12-
$4
12-1
11-20
75c
12-
1
11-20
50c
12-12
New
11-28
1
$1.50
12-12
11-18
preferred (quar.);
Corporation
——
Utilities Ltd.— ,y
'6 (4 %
-
(preferred
,
■
,
50c
12-
1
11-15
65c
12-15
12-1
1
11-15
20c
12-16
11-30
12-28
12-21
25c
12-15
12-
12-
—
Nashville Chattanooga & St. Louis Ry.--
Fibres,
inc.—
i:
'
15c
Discount Corp.,
common.
1
$1.75
12-30
12-15
15c
12-10
11-15
'
12-
8
11- 9
Pickle
12-
1
11-9
12-11
11-20
50c
12-10
11-30
Pillsbury Mills, common
$4 preferred
(initial)—
Pinchin, Johnson & Co., Ltd.—
:
12-10
11-30
12-15
12- 8
1-2
12-1
12-
11-18
1
12-15
12-
12-
1
11-20
■4 1-
2
1
12-21
12-
.
1212-
5
11-13
12-
1
11-20
50c
12-
1
11-
12-
1
12-
1
11-17
25c
_
12-15
11-30
12-15
11-30
8
,50c
50c
12-
1
11-15
11-15
12-
V
;
$1
50c
_
U-15
11-20
1
11-15
11-25
12-
Central RR.
(year-end)——
New York & Queens Elec. Light & Power Co.
Common'.
—-/-A--*,;
.;
$5 preferred (quar.)
1
12-9
1-15
-
12- 1
Co.
1
6%
12-8
12-
60c
1
preferred
11-15
50c
12-
1
$1.25
2-
1
North American Aviation
American
North
Car
/A $8;.- 1st' .preferred
Mines
Procter & Gamble Co.,
1-15
preferred'
12-15
11-15
$2.50
12-9
11-20
(quar.)—_
common (quar.)
12-16
11-16
Public
30c
12-11
12-11.
4
,
1-
2
12-20
■••'i
•:
1-
2
12-
12-20
12-
12-
25c
(quar.)
11-22
9
.
Pharmecal •Co.——
12-1
$1.50
12-
1
12-
1
1-2
12-15
12-11
15c
—:
11-20
Light .& Power Co., Ltd.—
6% preferred (quar.)—"-.-.4-.-.
Nu-Enamei Corp.
(quar.)—
(quar.) .'4——44-?--*^—4; '■
Ohio Seamless Tube,
1-
11-28
12-
1
11-31
12-15
12- y
■4
^
12-
..$2
Oklahoma Gas & Electric,
(&!,■« preferred (quar.) -444-44-4
Ontario & Quebec Ry.. (S-a)— 4———
$1.5o
Okonite
12-
""'4' $'3
12- 1
10c
,
12-15
1- 2
$2.50
$1.25
12-14
12-1
25c
12-3
11-25
50c
12-15.
12A
50c
12-
12-
12-11
$1;25
-
'i:
;
12-
1
1
11-25
$2,50,j; 43-15, ■
%,i- 2 ■
$$1.25
12-
8
Rubinstein
■
12-
8
11- 8
25c
12-
1
11-20
1(
11-20
-.12-
12-29
Class
A
1
•
$1.50
11-30
11*18
$1.75
11-30
preferred B
11-18
37V2c
12-15
11-20
—
(ouar.)_
Power Co.,
(quar.)
—
,
2-15
I-19
$$1.50
1-15
12-20
37 %c
12*13
12-
$20c
(quar.)
Southern' Pipe Line Co,—:——
-
12-
11-27*
12-11
11-27
II-15
750
12-15
12-15
11-15
20c
—
Southwestern Public Service, common (quar J
Sovereign Investors, Inc.-^
Sovereign Life Assurance Co.—
V
12-15
12-1
1-11
1-15
25c
12-
1
11-15
IOC
—
25 % participating certificates
Spartan Mills (quar.).—
1*15
1-15
1-5
1-15
I-
12-15
12-20
11-30
5
12-
1
11-15 ;
12-
1
11-13
1
llrl5
12-
1
11-15
25c
12-
Brands
'Common
$4.50
11-15
11*15
Standard
12-15
11-ln
12-15
$1.75
12-15
11-15
$2
12-15
11-15
Co.
(Indiana)
12-
1
11-24
12-
1
11-24
32-
9
45cs
■
12-15
12-1
50 c
32-12
11-27
$1.25
2-1
1-15
$1,06 (4
2-1
I-15
36 Vic
12-5
12-
12-15
11-15
40c
12-
1
11-15
40c
12-
1
11-20
12-15
11-15
25c
12-15
11-15
,
(quar.)
:
*
(quar.)
'5%
..
*
*
11-29
$1.75
12-29
11-29
50c
12-15
11-27
12-15
11-27
40c
12- 1
11-15
12-1
U-15
*1
12-11
11-20
$1.25
12-
1
2
12-
11-
12-15
11-
&
%
12-15
11-30
1-15
12-30
1-15
12-30
50c
12-
1
;
11-10
Acid
$1
Bros, Ltd., common (quar.)
convertible preferred (quar.)
12-15
12-
5
$25c
•
1-
2*
12-20
$75c
—
1-
2
12*20
Stecher-Traung Lithograph Corp.—
5%
12-30
12-15
25C
11-29
11-10
75c
12-
1
11-15
25c
12-
1
25c
preferred: (quar.)
Sterling Brewers Inc._^—
Sterling Drug",Inc. (■quar.).-———
Stewart-Wacttejl.Corp. (s-a)—
Extra
——,—1.'—
11-29
12-
6
1
25c
Phosphate
11-15
$1.25
(irregular)
Stedman
8
41-29
Wholesale
Works Inc.
11*15
12-12
$1.06 V4
Stoker : Co.^—,
Standard
11-15
12-12
,'$1''
—
.
12-15
50c
—
Standard
,
8
1-
$1.50
-
1-2
$1.50
;
(s-a)
Co. (Ohio), com. (year-end)
preferred r (quar.) i—a.—i— —;
preferred, (quar.i—
;
4V*%
12-29
(New Jersey)
Standard Oil
■
$1.25
Co.
12-1
11-6
75c
12-15
12-1
12-
1
11-15
I-1
32-11
$1.25
—„——-
_
H- 6
■
5c
1
"Stone
6
■&■'Webster,;Inc.i_»,—_i._.—^«.^_-—^'--.
■
12-15
37 (4c
$1
12-12
■
12-
1
Stonega Coke & Coal Co.^___—_————
11-27
$5 pfd.
(accum.i—
Strawbridge & Clothier,
1*
1
1
11-10
75c
Stromberg-Carlson Co., common (year-tend)
6(4%f preferred (quar,).———L"; $1.62%
12-
1
11-13
12-
1
11-13
12-12
12-1
1
11-17
11-15
12-14
5%
1
11-15
6%
50c
12-14
11*22
40c
12- 1
11- 2
$$3.25
preferred
,
-
,
12-15
11-30
Stroock
30c
12-15
11-17
Stuart
12-15
11-17
(S.)
(D. A.)
Class
.
A
-Co
Oil Co. Ltd.—
12-11
Studebaker
1-2
12-11
.12-20
11-30
Sun Oil
(irregular)-l,L':'!il2(4c
12-30
12-21
12-15
12-
12-30
*4,-jvr
12-15
11-24
,
1
11-20
12-1
11-15
11-15
12-
$1.62(4
37(4c
—
12-1
Swift
11-24
12-15
11-24
10c
12-12
11-
2
1
11-
2
—„—
———
*
84 %c
-10c
&
Co.
25c
40c
1
'
.
50c
Sj'lvanite Gold Mines, Ltd., common
Bearer shares (quar.p
$3c
(quar.)
$3c
—
12-11
11-28
1- 2
12-15
Talcott
15o
12- 1
11-13
15c
.
37'/2C
—
25C
—
12-
12-1
50c
—
:10c
(quar.)_
.Syracuse Transit Corp., common .(irregular)
Taggart Corp., $2.50 preferred (quar.)
$50c.
Corp;, com, (quar.)-
IOC
—
(quar.)___—a_„
Swift International Co., Ltd.—■Deposit certificates
(quar.)—
10-31
$15c.
12-
12-15
10%
Common
.11-15
12- 1
—_
12-11
12-
1
12-23
11-24
II-29.
11-16
12-
1
11-15
12-1
11-15
1
11-15
*
9
12-20
2-1-45
11*30
—
11-30
12-15
(quar.)
Superior Tool & Die Co.—
Swan Fihch Oil,-4%
2nd preferred
6%
preferred (quar.)——^r_:
11-15
12-11
25c
(quar.)
Sunray Oil Corp., common———.
4!/a% preferred (initial)—
Sunshine Mining Co.—
11-20
12- 1
12- 1
Co.
$ 20c
25C
Corp.
—
50c
(quar.)
Co., common (stock dividend)
Common
•
12-
12-11 +
—
Submarine Sighal
75c
50c
:—
—
preferred
participating
1-2
.
.
prior preferred A (quar.)-:-
30c
™
$1.25
(quar.)—
12-
2
:
$1
$1,50
1-
12-
(quar.)—*"12-15
Corp. (year*end)._—
_p£,j,(>?; o.,60<S v"12-13
■
$1.25
50c
7 (4c
30c
common
11-24
12-15
25c
75c
Standard Oil
•
$1.12(4
(quar,)^—
11-18
$1.12(4
25C
year-end)
——
5
$L37V2
■11-iS
Oil
1
11-25
12-
$1.37(4
?
—
Standard
12- 1
1
50c
——_
Standard Dredging Corp., $1.60 pfd.
Oil Co. of California
1
$1.23
12-
12-15
12-
12-15
$l,12Va
(quar.)
preferred
—4-—:
Standard Cap & Seal, $1.60 conv. pfd. (quar.)
50c
■
$1.50
.
Standard
$1.25
'
$2
r.__
11-15
1
58(4c
:
12-
$1.25
__
-
11-24*
v 12-
(annual)
Sparks-Withingtpn, 6%. conv. pfd. (quar.) —
Spear & Co., $5.50 1st preferred (quar.)
$5.50 2nd preferred (accum.)
—•
The
2nd
preferred
payment
clears
all
.,V
arrears. •.' '•...'';•%/■ .A.(v.;.-';:'
..',"'1
Spencer Kellogg & Sons_„—
—
Spiegel, Inc., $4.50 conv. preferred (quar.) —
Squibb (E. R.) & Sons, common (quar.)
$5 preferred A (quar.)
$4.25 preferred B (quar.) —
Standard Accident Insurance (Detroit) —
Reduced'
——4—L,"
4
1- 2
12-15
$1
common
Steel
12*19
$1.25
V
Co., common (irregular)-.
(quar.) —^.-,4.—
Royalty Co. (year-end)
;
Southwestern Life Insurance Co. (Dallas)—•
preferred
Southland
4
50c
—
(Helena),
4
75c
40c
Southerni Pacific Co.
.5%
4
Ltd.—•
—.a—■
part, preferred (quar.)*j..:_v*:—
Southern Natural Gas (year-end) —:
11-20
: ■
41%c
1
u—
—
Iron:&
11-18
:
6%
12- 4
Aircraft
Rustless
12-
II-30
Inc.—
U-U
(James),
common-(quar,)
"Extra
50c
1-1
12-
1
1
11-15
1-15
11-6
1-15
II-
12-
6
12-i
1
11-13
1-
2
12- 9
10c
12-26
12-15
10c
12-26
12-15
62V4C
—
'
12-
—
■
11.-30
$5c
$1.37(4.'
^90c,
,
11-15
12-18
i-
Edison—a
California
Southern Canada
$50c
__———
11-23
-
11-15
12- 1
50c
Bag & Paper Co.
'preferred (quar.)—
6%
preferred (quar.)—
7% preferred (quar.)—:
$1.50
;
Spring Co,-:
Manufacturing Co.
$6.50 preferred
12-15
100%
$2
Southern
2
12-1
$1.50
Southern Railway
25c
■;:
Roxy Theatre, $1.50: preferred (quar.)
Royal Bank of Canada (initial quar.)__
Royalite Oil Co., Ltd. (s-a)
1
11-20
11-30
12-
$1
40c
Pa.colet
1
11-15
*
Packer
,
1.
Advance
:
12-
5%
11- 8
■
'
Corporation (extra)——-——Manufacturing,' common (quar.) —preferred, (s.-a )——
———4
Pagc-Hershcy Tubes. Ltd. (quar.) —_4—
Pgmour Porcupine Mines, Ltd., (interim)—„
Parkersburg Rig & Heel, common—■——_
$3.50 preferred (quar.):—————
Paramount Pictures (qUar.)-i——4_f4„_-4-
•
1-1
$$1.25
1
50c
:
quar.)—
"dividend)
11-15
1- 2
pfd. D^ufcEdio niSLBO, jr
preferred series E (quar.)_;
^rf—^ii;'«;:»$a.25./
Corp." (quar,)—
n,.M
25c
Rio Grande Valley Gas Co., v.t.c. (year-end)
3c
Rolland Paper Co.,! Ltd., 6%
pfd. (quar.)—
$$1.50
Roos Brothers, Inc., common (reduced quar.)'
20c
.,4- 1
$15c
•
(stock
11-15
1- 2
Rochester Gas & Electric 6%
Rohr
-
Greyhound Lines, Inc.—
11-15
12-
Richfield
11- 8
—.4^-1—•4-'1
(increased
1
25c
11-20
11-21
(year-fend) _4-*-
-
Carolina Power Co., $6 1st pfd. (quar.),
Southern
11-20
11-20
11-21
Corp.
Works
Common
1
12-1
1
42-20
^—4™—*"
South
12-1
1?- 1
,!(12-20
11-25
12-
12-
Reynolds
35C
.11-25
(resumed)
Co—
12*
25c
—
Inc.
Oil
II-30
11-15
12-1*
$1.25
'_
—
20c
11-30
12-15
$5c
-
Extra
12-1
of New Jersey—
Reymer ;& Brothers,
'
1
12-11
11-30
11-24
12-22
Rheem
$1.50
,
Special' —4_J—1—
1-15
1.
1
12-
50c
L4,
common
Lathe
Common
11-20
12-
37 (4c
$1.50
2-15
12-
12-12
12-23
11-20
75c
—
1-15
,.12-
10c
12-9
12-12
20c
5c
12-20
(quar,)
;
11- 1
:
$$■1.75
.
1-2
25c
I-
50c
11-15
1
12-
614c
—
12-1
•
$25c
(quar.) —
7'c preferred, (quar.)*;-—-——-44,-—'
Oshkosh B'Gosh, Inc., common (quar.) —
$1.25
Bend
6%
65c
Motors,
12- 9
12-
Manufacturing
Corp,
12-20
(initial quar.)—
■Reo
1
11-15
11- 9
2
$1
$1.25
II-20*
11-20
1-15
;/
Remington Rand, Inc., common
$4.50 preferred (quar.)
12-
1
12-15
50c
V
(quar.;
11-30
11-22
1-15
preferred (accum.)
11 - I S'
llr3ff.
12-15
•
'
Ontario Steel Products, common
preferred (quar.)——
Otis Elevator ,Co,. common (year-end) __444
8 to preferred (quar.) —44-^,4—44,-444
Ottawa Light ;Beat &• Power, com.
(quar.)_
y/o. preferred (quar.)——
Overseas Securities Co. Inc. (year-end)_4—
Oxford Paper, .$5 preferred (accum.)——
Paauhau Sugar. Plantation (year-end)——
Pacific Western Oil Corp.
(year-end 1
Package Machinery Co, (quar.)_l———
Extra
11*30'
.
.11-13
12-12
11-15
5
12-15
12-11
62 (4c
2-15
$1.75
Co.,
11 a 1*5*1
1
12-15
$1.75
■
12- 9A,
12-20
43%c
priof preference (quar.)—:—:—
Corp.' (year-end)——
7^ pfd. (quar.)_
Oklahoma Natural Gas, 7% pfd. (quar.).—
$1.75
11-24
11-25
12-15
20c
11-15
70c
-
11^28
40c
L—
Ohio Service Holding
2
12-15
12-15
12-15
12-15
11-15
Quarterly Income Shares___
Rapid Electrotype (quar.)—!
—1
;
RaybestosAManhattan, Inc. 1 year-end)
Rayonier, Inc., $2 preferred (quar.)
Raytheon Mfg., 6% non-cum. pfd. (quar.)Reading Co., 4 % 1st) preferred (quar.)
Regent Knitting Mills, $1.60 preferred (quar.)
Reliance Grain Co. Ltd., 6(4%. pfd. (accum.)
Reliance Insurance Co.
(Philadelphia) (s-a)
10-27
25c
:
(quar.)—444—4- $1,12(4
common——
1
25c
;
Pfd.
12-
$$1.75
$25c
Oil
Coy ■tVn&>
12- 5
12-
——
12-15
'
60c
15 c
't
■
11-17*
$75c
preferred (quar.i
preferred, (quar.)
i
Quaker Oats Co., 6% prefei'red (quar.)_:
Quaker State Oil Refining, common-
11-15
1
12-30
7j/2C
,Extrav:—~»-.4wi^-._—-w—4-1.^.^^4*---::
Power
12-
$$1.50
Ogilvie Flour Mills,.7ft "pfd. (quar.)..———
Ohio
12-1
$$1.50
6%
.
11-15
12-
Aircraft
11-15
,
(quar.)
1
2
11-21
11-30
$1V2C
Corp
Co.,
I-
1
2c
75c
12.-15
Southeastern
$i;so
Colorado—
common
12-29
I-10
II-30
11-15
convertible
5 %
11-15
30c
South
11-15
12-
-u,—-l—
Oil Co.,
Pure
1
12-
Co.—•
Sonotone
,
11-15
12-1
Year-end
11-20
L.)
(T.
10-26
1-29-45
.'(quar.)v.™,-—-—.,
O.)
11-15
$30c
,$1.25
(quar.)—
Common
—
Purity Bakei'ies Corp..:
11-20
$1.75
87 Vac
(A.
11-16
12-12
50c
12-1
12-1
60c
preferred (monthly)
7% preferred * (quar.)
__^c.
8%.preferred (quar.)
Public. Service Electric & Gas Co.—
;
$5 preferred (quar.)
7% preferred (quar.)__^.
Pullman, Inc. .•<quar.)_—
Extra-'
12-15
11-27
12-21:
$2c
15c
■
common..—__
—
11-15
1-5-45
$1
25c
Nova Scotia
■
11-20
"
'
.
1
Solar
10-17
15c
—
Co.—
—
Common
12- 7
12- 1
$1.50
—
2
12- 0
11-16
25c
2
SI
6%
12-20
1
1-
12-1
II-27
35c
—
$5 preferred
12-20
12-30
of
Public Service Corp.
8
12-30
75c
1-
2(4%
*100%
Common (quar.)
5%. preferred (quar.) J
12-8
75c
(quar.) cv-iU-v—
Northrop Aircraft,, common (irregular)
;
Northwestern Public Service, 6',)- pfd, (quar.)
7"c
preferred (quar.)
NoTwalk Tire Ac Rubber Co., 7% pfd. (quar.)
Ohio
1-15
.
12-1
75c
$4 prior preferred
.
C: 1-2
'rt 1- 2
75c
A—
Class:' B '
—^4 ;
6% prior preferred (quar l.———■
North Pennsylvania RR, Co. (quar.)
Norwich
1
■
71%c
Co.
12-
12-21
32-21
6 % ■! preferred ■ (quar;■
Socony-Vacuum Oil (extra)
11-13
$1.25
preferred (monthly)
preferred (monthly)
% 7%
preferred (monthly)
Public Service Co. of Indiana, Inc.—
v
.*"
—
Extra''..-^-;-.—i'A—.
.
11-30
6%
■
•%:
•—
Co.
12-30
12-1
$1.33 Ms
-
Electric Light, 6%
11-21
Solar
$5c
25c
_
5%
12-20
$1.50
_
Public Service
1
2
North American Rayon Corp., class
Water
class A
LI -
;:Class''B::,
1
12-
1-
'V
Northeastern
12-
$1.50
4
—
North River Insurance
Smith
'
8
,
Provincial Bank of Canada
$1.25
Prosperity Co.,
■
(quar.)
11- 3
:
preferred
1_
$$1
(subject to the approval of the SEC) —
.preferred (quar.)—A.—
—— '
6%
1
iquar.)—
5%
11-27
—
3% %
■«•
12-
preferred
12-23
,
preferred B
—
North American Co., commonStock dividend: one eh. of Pacific Gas &
Elec.. common for each 100
shs. held
,
Smith
-
$5c
(quar.i
iquar.)—
1st
$6
Skilsaw' Inc.
11-28
(interim)——
1st preferred (quar.)
2nd preferred (quar.)_
5%;
(year end)
Corp.,
A
11-15
50c
(quar,)
Preston East Dome
11-15
;
Mines
Broadway Bldg.
11-10*
ll-lO"
$1.37(4
20c
(interim)—
Mines
1
12-12
(quar.)
.
Noyanda,Mines Ltd. (interim)
Norfolk & Western. Ry.. common
12-1
12*
12-
5c
—
(s-a)
Participating certificates
Skelly Oil Co. iirregular
Rayon, 5% prior pfd.
5% preferred A (quar.i___—
11-20
20c
part,
5%
&
■:
;
: v $3
preferred * (quar.)
Pressed Steel Car Co., Inc.,
Dock—
.preferred,
Nippissing
Sixth
Gold
Siscoe
11-15
$1.50
(quar.)
preferred (quar.)
Prentice-Hall Inc., common (quar.)„
11-24
1
12-
Mines Ltd.
Gordon
Simonds Saw & Steel (year-end)
11-24
Corp. of Canada, Ltd
1st
6%
11-16
12-15
$1.25
37J/2c
40c
& Dry
12- 4
11-20
;
;
America—
preferred
Power
11-10
12-22
of
6%
Common.
$5
1
8
12- 1
%
Stock dividend
Potomac Electric Power Co.—
11-10
12-
'
$1.25
Newberry (J. J.) Co., common (quar.)
■
5'r preferred ;A-(quar»)r--l"—
Newmont Mining - Corp.i^A—-
Newport Electric '-Corp.-—
Newport News Shipbuilding
5
12- 8
—
11-24
12-14
$1.75
(,quar.)yi—r,, $1.27(4
.preferred
5.10')?
12-
Manufacturing Corp.—„_
(special)
$3 convertible preference" (quar.i—
Simon (Wra.) Brewery (quar.)
11-20
20c
regis (interim)
(irregular)
60c preferred (quar.)..
Potash
York State Electric & Gas—
New
11-
5
;:$i
Securities Corp.
5(4%
<■
v
1
$3.50
,' 7 f
.
12-
Cordage Corp., class A.——
New Jersey
York
1
12-
1
11-8
50c
Common
.
11-17
$1.50
25c
New
11-20
.
$1.75
(year-end)
4
7% preferred (quar.)
preferred : (quar.)—V:
Neisner Bros, Inc. (quar.)————
6 %.
preferred (s-a)
Zinc Co. (year-end)
New York Air Brake Co. (quar.)
11-20
Pittsburgh Equipment Meter—
;
25c
Stock dividend
:
10%
Pittsburgh & Lake Erie RR
1_
$2.50
Pittsburgh Plate Glass Co. (year-end)—
$2
Pittsburgh Steel Co.—
' % ;;
>
5(4% prior preferred (accum.)
$1.37(4
Pittsburgh Youngstown & Ashtabula Ry
■; 7% preferred (quar.4l^a_4^r:^—$1.75
Placer Development Ltd. (interim)
$25e
Planters Nut & Chocolate (quar.)
$2.50
Plymouth Oil Co. (quar.)25c
Poor & Co., $1.50 class A pfd. (quar.)—
37(4c
."/• Class B
;•
25C'
11-20
11-27
25c
,
Natomas Co.,
New Bedford
12-15
12-
1
1
25c
11-20
12-1
1212-
12-
10c
Sherwin-WilUams Co., 5% pfd. AAA (quar.)
Sigma Mines (Quebec), Ltd. (interim)——
Simmons-Boardman Publishing—
1
12- 9
12-11
12-11
25c
' V"
12-
12-22
1
60C
Skenandoa
$5 convertible preferred (quar.
1
25c
12-10
—_
Sherritt
$1.50
.
5
25c
: :
(resumed)————
Nebraska Power,
Ltd.
12-10
12-23
15C
(quar.)——
Pen Co.
Sheller
40c
Piper Aircraft Corp.,
Pittsburgh Bessemer & Lake Erie RR. Co.—
■
6% preferred-, (s-a)^iw—^.1;—_---•
Pittsburgh Coke & Chemical Co. (recently
known as Pittsburgh Coke & Iron Co.) —
12-15
$26
National Refining, $6 prior preferred*——
National Rubber Machinery Co—_
—
Corp.
Mines
(quar.)_—
(W. A.)
11-17
35c
Amer. deposit rets, for ord.
Pioneer
.
National Terminals
Crow
11-
,12-23
37VaC
25c
Shcaffer
'
$1.25
(quar.).———■50c
National Folding Box Co., common——
$37 Vac
National Grocers, Ltd., $1.50 pref. (quar.).
National Gypsum Co., $4.50 preferred (quar.)
$1.12 \*t
National Lead Co., 7% preferred cl. A (quar.)
$1.75
National Life & Accident insurance Co.—
13%c
(Nashville,4-'-.-'
25C
National- Linen, Servlce_-.ir».X^vi-^r—■
15c
National Radiator - Co.
National Tea Co.
Gold
20c
$1.07
; 30c
:
-
11-10-
12-1
10c
11-30
25c
6 %
preferred (quar.)
Philco Corporation
Phillips Petroleum Co. (quar.)__
$1.75
preferred
$'k
11-17
11-14"
11-10
12-11
12-20
$1.50
RR, Co.. (quar.) —%_L—li—w-_—"
Philadelphia Suburban Transportation Co.—
Quarterly
Philadelphia Suburban Water Co., common-
11-10
1
12-
11-30
—u-.
1
15c
■:
11-29
—_
..
12-
25C
convertible preferred (quar.)
common (quar.) —
preferred (quar.).
National Casket, $7. preferred (quar.)—
National Container Corp. (initial quarterly)National Cylinder Gas, common (quar.) —
4',4 %
preferred, (initial quar.)
——
National Dairy Products
(quar.)——
6%
National Bearing Metals,
National Biscuit Co., 7%
National
11- 8
I.
11-30
(quar.)—
:
B.) Inc.■ '.(quar.)4—^.,
(R.
Servel, Inc.
Sharp & '■ Dohme 'inc.-,—
Shaltuck (Frank G.) Co.
12-1
40c
:
$1
National Automotive
12-15
12-11
10c
1-15
12-
11-30
12-15
—
12-
$1
12-15
$1,371/2
6%, preferred
50c
Phelps Dodge Corin—
Philadelphia Bourse (year.-end)
Philadelphia Germantown. & Norristown
11-15
12-
12-11
$10c
12- 1
$1.75
12-11
I-2
75c
———~—,■
$1
-
12-11
■
25c
11-10
.
12-11
■
$2
(quar.)
$1
1
1
12-1
$81»/4C
-
12-27
$1.50
_
$1.50
12- 1
,
25c
2
I-" 2
International investment
Canadian
Selmer
11-30
12-15
30c
$1.75
common
.
2
In
$1.75
.
$1.87 »/a
—
Co., Ltd., 4% partic. preference—
Securities Acceptance Corp., com. (quar.)
,
,
quarterly)———™
: / ' :l.;
( quar,)
(initial
Pennsylvania State Water, $7 pfd. (quar.).,
Peoples Drug Stores, Inc. (irregular)
Peoples Gas Light & Coke CO .(quar.) —
Peoples Telephone, 4(4% preferred
Peoples Water & Gas, $6 preferred (quar.)
Perkins Machine «& Gear, 7% pfd. (quar.)_
Permutit Company —
Peter Paul, Inc. (quar.)
Pfaudler Co., 6% preferred (quai\i_—_——
Pfeiffer Brewing
—u—„
Pfizer
(Charles) Co. (quar.)
J—_
1-
$1.62Va
9
Second
.
4
(year-end)
Pennsylvania Salt Manufacturing—
11-20
$1.50
Nachman
Nanaimo-Duncan
Railroad
;
2-5-45
12-8
"
$2
$1
,
Chemical Co. of America—,
Mutual
6%
Pennsylvania
12-23
12-15
,
35c 2-15*45
_
11-10
I-15
12-31
$1.25
12-15
25c
;_™
Corp, vi-i—•
_____
2-10
(quar.)
common
•
Fuel Supply■' (irregular)
Mountain
12- 1
75c
11-21
10c
class A
$1.40
,
Company,
Schiff
12-9
12-
50 c
$1.50
11-24
37 Vac
7%
1-1-45
$3
10c
of Rec.
12- 9
''$75c
6(4 %
11-30
11-20
1-9-45
•
(.quar.;
11-30
1
12-
Holders
Payable
.
50c
Savannah Electric & Power Co.^—*
;
11-11
When
.
Share
,
—
12-1
12-15
12-15
$10
■•-
3
12-
11-20
12-20
25c
12-11
lc
12-1
,25c
Name of Company
,
Joseph Lead Co.—:
St. Joseph Water, 6% preferred (quar.)
St. Lawrence Paper Mills, 6% pfd. (accum.)
San Francisco Remedial Loan Assn. (quar,)
St.
11-26
415c
$$1
$$1,75
12-15
:' t$i
%
12- 1
'
interim
$$1.75
Cottons, Ltd., common (quar.).—
preferred (quai\.)———,
Montreal Loan & Mortgage Co. (quar.)
Morgan (J. B.) & CO. iyear-encl)————
7
Per
Rolder.s
of Reo,
Payable
37%c
,
$31'/4c
Montreal
When
,
Share
Parker Rust' Proof, common
;
7'4
preferred (s-a)4_».__-._-._™_™™™_™
Parker-Wolverine Co,
Pato Consolidated Gold Dredging Ltd,—
11-24
12-1
$2.25
.
of Rec.
1
12-1
$2.25
$4 preferred C
.■
12-
34%C
Per
Holders
When
Share
Nante of Company
2333
12-
8
Extra.'1^.—;
$2.50 conv^
pre^f^d (quar.)
Saep-Lowcll .Shdiis, preferred-'—
St. Regis Paper,
50 prior pfd.
5%
2nd
*
preferred-(quar.)
•
1-
62(40
12- 1
9 7/l0c
62(4c
$1.25
1- 2
1- 2
514%
U-15
12-10
—
(quar.)
II-15
.
9
68% C
(quar.)-
30c
Taylor-Wharton Iron & Steel Co
Telephone Bond & Share, 7% pfd. (accum,)
12-9
12-
participating preferred
Tennessee, Corporation
-
Terre
Haute
—
Water Works,, 7%
12-
1
8.
12-15
11-27
$1.45
12-15
11-24
25c
—
pfd.
1-
12-15
11-27
12-
11*16
$1.75
(quar.)
I
1
Texas
(quar.)
Company
1-
Match
Universal
•
When
Share
Company
Corp.
12-15
,50c
Sulphur
Pacific
Texas
Co.
11-24
12-15
11-27
12-15
11-27
25c
12-
1
11-10
25c
12-
11-10
20c
+—;
(s-ai
12-
25c
Texas
Pacific
&
Oil
Texon
Land
&
Co
$5 pfd.
Utah
11-15
Utica
12-27
12-
12--1
11-27
$1.25
12-15
12-
1
$1.25
12-15
12-
1
'15c
12-
1
11-10
5c
12-
1
11-10
20c
(s-a)
Products Inc., com. (year-end) —
preferred (quar.)
—
Associated Oil (quar.)——-*-
Thompson
S5
12-
1
11-10
Water
■
-—-2—• — +~— —
common iquar.) —
Year-end
Tilo
Roofing,
;
Ltd., 7 %,
Tip-Top Tailors
+$1.75
preferred-*-.——
.Brewing'•
Edison Co., 7%
preferred imonthly.)
preferred (monthly)
5%
preferred (monthly)
—————
Tonopah Mining of Nevada
—;
:/
Toronto Elevators, Ltd., common (interim)
Trane
Corp..
Transue
1
11-21
1
11-21
12-
7
11-25
$1.50
(quar.)—:
12-
1
11-22 :
;
Coal,
3
1-20
$1.75
12-15
12-
20c
12-11
11-29
12-
12-15
$1.37%
preferred (quar.)——
5%%
Twentieth
$1
4
11-15
25c,
12-15
12-15
11-15
iquar.)— ——_—
12-15
11-
(quar.)——.—
X 50c
1-2-45
10-20
Corp. (liquidating)-----I.
Underwood Elliott Fisher Co. (year-end) —
10c
12-11
11-22
prior preferred
$4.50
Salle St. Corp.
So, La
Realization
Ulen
Union
Co.—
Sugar
—
Co.
11-30
11-30
12-
1
United Fuel
6%
Coal
$1.25
•12-
1-15
6.36%
6%
6%
Common
1-
2
12-
1
11-
8
%C
12-1
58 %C
1-2-45
50c
(monthly)
(monthly)
50c
$2,75
12-13
Auto
Supply
Western
Real
Estate
12-16
Western
Steel
Corp.
S.
Union
3-16
Western
6-16
Westinghouse Air Brake
12-
9
11-
12-18
$2.50
7%
3
S.'Playing Card (quar.)—.
U, S. Printing & Lithograph Co—<.u:
U.
S.
S5
12-
2
12-
2
12-1
11-15
12-
11-15
ment
12-
1
the
following
principal
Willson
1
1
12-15
12-15
12-
12-27
of
$396,000,000
United
in
&
12-15
Products,
Winters
11-13
12-1
11-16
3-15-45
2-10
4:% %
8-10
$1.75
1-2
40c
12-20
50c
;
1-
6%
11-27
12-15
2
1
1
12-
1
principal increases being $410,000,000 in New York
City, $91,000,000 in the Cleveland District, and $74,000,000 in the Chicago District.
Time deposits increased
11-15
50c
12-15
11-24
12-15
11-15
$1
11-29
11-
6
6
y
'
11-20
11-29
11?
12-11
12-
5
Deposits credited to domestic banks increased in all
the principal increases were $119,000,000 in
New York City and $84,000,000 in the Chicago District.,
A summary of the assets and liabilities of reporting
12-13
-V,"
$1
common—'*—•
12-15
12-15
11-24
12-
Woods
11-24
11-10
$2.
.
si
——
9
—
—Xw1:
preferred
Petroleum
Governor
Woolworth
(F.
W.)
Woolworth
(F.
W.)
6%
preference
7-
2
4%%
prior preferred
11-27
4%%
40c
6- 11-45,
25c
12?
mi
62 %c
-
,
12- 1
1-31
4V2%
conv,
conv.
Worumbo
3%%
12-
and
dealers
for
717
12-28
12-14
12-31
11-30
12-
6
1
Treasury bills...——..—
11-10
3%
12-
U. S. bonds
—
—
—„
12-20
12-
9
Reserve with Federal Reserve
3-20-45
3-
7
Cash in vault..!
$1.12%
12-15
12-
5
Balances with domestic banks.
$1.12%
3-15-45
3-
NOV.
TO
22.
1944,
$1,12%
s' 12-15
12-
5
$1.12%
3-15-45
3-
5
$1.75
—
1
12-
Nov. 17
to
now cer¬
i
■
U
$
.29773?"
.29773?"
.251247"
3.228000
3.228000
.060602"
.060602"
.051803"
.909090
,909090
.897500
.897890
"
.572766"
.897500
.572766"
4.035000
.572766"
4.035000
.301215
•
"
.060602"
.060602"
!
4.035000
.909090
^
.572766"
5,768
+1,606
\
*+5,804
.301215
revepjip
,205820
.909090
.909090
.969090
—V.
+
.895416
,
.895000
3.980000
.658300"
,.
.658300%
.895000
.895625
3.244203
3,244203
,3,9$0000
3.980000
.541850"
.541850"
658300"
.
-
.
i
,
3.244203
■
.
.$41960"
.653300"
.541960".:,
.
-i
8
758
97
+
259
13,226
1944
; >.
—
u
',6583d>t^,r'^I;'"
,
v.
i<(
TTF
Holiday
3,905,194
$1,449,287,
$1,413,675
940,
incofait)~—?
,1,610
'
160,
■
$1,450,227
—
476,456
(net)
p.
—
$973,771'
$1,415,285
528,623
$886,662
1868.
Co.—Bonds Authorized—
"on ,Nov^ 4 authorized" the CoYnpany to issue not exceeding
$16 981 000 pf .•iiV'st-mortaage' and 'collateral-trust, bonds,
3% "series
due 1974, io be' spld .at 101.402 and accrued interest and the proceeds
used in cohnebtl'dn"(idtlv■'the redemption
of a:; like principal amount
of
outstanding '.flBt^miiirtgage' gold bonds! consisting of $11,981,000
of series if?S'H'wi^'Wiv.'" 1, 1956, and $5,000,000 of series F; 4%%,
due April 1, 1961,—V. 160, p. 2188.
The
••
1943
$5,318,869
4,112,69,0'
deductions—-
?H<
Potomac Edison
.?
<
i
3.980*;;, ,3k • 'r,
\."
+
+
-
$5,561,97,7.
income———————
Net
.301215
.205820
+ 447
—
^
Holiday
4.035000
.301215
3.244203
'
+
;
Co.—Earnings—
operatingf^venues——
■'■* rid),'• ■'
ineome-iy
Interest, etc., deductions
.572766"
'■
,*
869
veven,t)es-..._
Gross
.898125
.897500
4.035000
ruguay, peso-
•Nominal rate.
37
—396
9,704
12 Months Ended Sept. 30—
Net-
.909090
.205820
.895000
Noncontrolled——
+ 790
+
(Continued from page 2300)
Portland Gas & Coke
'
'909090
.205820
3.244203
3.980000
r,'t,!
——
Operating
'■u-
'
.051803"
.909090
i
Controlled
48
—.
'
—.
Operating
"'.051803"
*
.301215
.205820
ewfoundland, dollar—
Zealand, pouiid.
nion of South Africa, pound.,
20
+ 153
2,249
Holiday
,
.
3.228000
31228000
.051803"
.909090
ew
1,385
General Corporation and
Investment News
••''TOfvf.i i
''
.251247"
.051803"
Official..—.—
56
+
Nov. 23
.251247"
.060602"
______
+
+
( -i-i
7,626
deposit accounts except
U.
S.
Gov't
accounts,
and
lY.'Hp
Other.
lexico, peso...
—1,217
>
12
13
,
raxii, cruzeiro—-
...
4
+ 272
573
!-.
during week—...
>:
■ ;
s
.297733"
>
.251247"
3.228000
oiombia, peso
2,341
.
"
demand
interbank"
Bank is
*
ngland, pound sterling...^..
idia (British), rupee...
2,380
+
—
4,867
Debits
Nov. 22
UNo.v.,21
s
.297733"
.251247"
—
+
r+
320
States Money
United
Nov. 20
$
.297733"
Official
594
deposits————;—
Buying Rate for Cable Transfers in New York
NOV. 18
$
—
939
5
223
61
38,417
00?.,nu
;
+
+'
+
2,877
deposits-adjusted.—.——
deposits:—_i.———
U. S. Government
11-15
.
—
253
+
•r
19,983
——
Demand
Time
;v:"
INCLUSIVE
Value in
ustraiia, pound
1,923
9
61
—2,417
Liabilities-
RESERVE BANK TO TREASURY UNDER TARIFF ACT OF 1930
FEDERAL
Noon
Official-.
—
w'7 67
Interbank deposits:
Country and Monetary Unit
rgentlna, peso—
—
7
'
5
tifying daily to the Secretary of the Treasury'the buying rate for cable transfers in the different countries of the
world.
We give below a record for the week just passed:
17
4
"•
9,906
Banks..
$1.50
37 %C
3j
+
1,317
Obligations guaranteed by U. S. Government
Other securities.—.:——
Foreign Exchange Ratas-.^S;^Kp^
NOV.
+
67
V'
7,281
i,-—
BY
X 20)
10,102
Treasury notes
11-2
7
_i———.
Treasury certificates of indebtedness.—:
11-27
12-
—.u.————
218
+
> +
328
Other loans..—————————
.
to the requirements of Section- 522»of the Tariff Act of 1930, the Federal Reserve
CERTIFIED
477
obligations.—f—
Foreign banks
RATES
66)
>— 43 j"
988
1,061
Loans to banks..
107
—
■
Other securities——————————
11-11
1
28
—
pur¬
/;% ■ - :
obligations..—
Domestic banks.—
EXCHANGE
;■>■■-+ 44
Real estate loans...-—---.——
40c
(accum.)—
preferred
brokers
to
U. S. Government
11-29
Manufacturing Co.—
prior
2,054
+
\
> >'■'+ 41
ai(id agricultural
Other loans for purchasing or carrying:
1-15
12-11
25c
(quar.)„„U
prior preferred (quar,
prior preferred (quar.)"——
s
>■+473
54,043
Other securities....—
11-15
*50c
(quar.)—
Since
$
11,283
industrial,
chasing or carrying:
11-15
1
$1.50
L. _i—— :
———
4% %
5r26
11-15
12-1
1.
Loans
1
$1.25
Worthington Pump & Machinery, common-
2-26
40c 3- 12-45
12-
12-
$1.18%
—
'
11-17-43
11-8-44
6,328
Commercial,
11-20
2
10 c
(s-a)
investments—total..—.—..—
U. S. Government
15c
prior preferred
■
1
1-
$1.75
& Co. Ltd.—
registered
Common
—
12-
35c.
$25c
(quar.)
Decrease (—)
■■
S
11-15
12-30
t$2.50
,
">::
Loans—total————
11-20
Ltd. (quar.)
(quar.)
2
(quar.).
Co.
Loans and
11-30
11-27
:
■
'•
u
U. Uv, •'■
Increase ( +) or '%
'
12-11
(quar.)__„!
Co.
"u-i-'Vu'Uf
.
Assets—
11-10
Manufacturing,
Woodward
:
v-
'
■%
,
11-15-44
12-20
1
20c
:
Co.
.2
12-11
2
(quar.)___
(quar.)
—————
series) (quar. ♦
Co., 7% pfd. (accum.)
1-
40c
112-
62 %c
(quar.)--.
(accum.)
;'..v
■'/"".V,
8
$2
(1897
Steel
4-
$1.25 7- 16-45
12-
',
-
millions of dollars)
11-15
12-15
$1.50
—
;
series)
(1897
1- 15-45
$1.25
(In
'
1
12-
$1
10c
(quar.)
member banks follows:
12-16
1-1
$1.75
!
$1.25 4- 16-45
(quar.)
$1
(year-end)—
(quar.)
(Alan)
Woodley
12-15
,
Free_g_..
anada, dollar-
de¬
V
11-25
12-27
'
districts;
,11-10
50c
deposits
Government
States
clined in all districts.
11-27
1
United
$37,000,000.
'
12-
Holdings of United States Govern¬
$178,000,000 in New York City
increased
bonds
the
11-20
"V." I$1
(year-end)
Electric, 5% preferred
Hirsch, 7% preferred
preferred
$7
11-15
Official..^......
Government
$223,000,000 at all reporting member banks.
Demand deposits adjusted increased in all districts,
Wood Newspaper Machinery—
12-16
50c
Inc.
Co.
preferred
Wood
11-29"
2
&
Ltd.
Common
11-13
1
FOREIGN
States
000,000 in New York City and $61,000,000 at all report¬
Wisconsin Electric Power Co.—
5-10
6-15-45
9-15-45
Candle
Baumer
Winnipeg
.
(quar.)
———_4_
Universal Laboratories, $2.50 preferred <quar.)>
Pursuant
v
'
'
ing member banks.
11-27
12-27
1-
Paper Co.
8%
preferred (quar.)
Williamsport Water, $6 preferred
11-17
12-1
75c
2
preferred (quar.)—___—*___—
preferred. A (quar.)
6.4% preferred A (quar.)
-
the
for
changes
Increases of $416,000,000 in hold¬
and
•
Wilson-Jones
2
1-
A
11-20
i5c
_i.—
12-15
1-
■ 12-
Insurance
1
12-12
32-12
50c
12-30
50c
$1.75
SI
common
preferred
12-
35c
1
6.4%
6,4%
11-20
Corp
12-
62V'2C
$5
Universal
1
(quar.)
12-15
50c
(quar.)
preferred
11-15
12-
12-
-
v ;
United States Government obligations in¬
$66,000,000 and for purchasing or carrying other
securities declined $43,000,000, both largely in New York
City.; ,'u.u'.uM;: ■
XV; r,
'» Holdings of Treasury bills increased
$86,000,000 in
the Chicago District, $66,000,000 in New York City, and
$253,000,000 at all reporting member banks.
Holdings
of Treasury certificates of indebtedness declined $65,-
11-15
1
12-
-•
12-15
.,>
preferred
1
50c
Co., class A
(year-end)
20c
preferred-—
$5
12-
25c
■'
tax-.
creased
11-15
$2
8
.
preferred A__U—j-
Sugar,
1
$1.50
11-
50c
—
(resumed)
Co.,
; T
Non¬
source.
income
carrying
or
12-
—
12-11
22 VaC
(quar.)——
U.
Corp.,
11-24
——
Will
12-1
50c
Foundry, common
non-cum.
12-20
,10c
•
11-15
A—
Steel
the
industrial, and agricultural loans in¬
$14,000,000 in the Cleveland District, $12,000,000
in New York City, and $41,000,000 at all reporting mem¬
ber banks. Xoans to brokers and dealers for purchasing
12-23
50c
,
11-20
45c con v. pfd.
class
S.
,
12-5
12-15
50c
non-cum.
8%
at
Less British
Commercial,
1
1-2
—
%
a
creased
11-30
i;
12- 1
A^-----^—
4%
U,
12-
50c
43 %C
(interim)_U—_
Products
Chlorine
Weyenhaeuser Timber
Wilsil
4,% non-cum. class A_—_—^
7"% prior preferred (quar.)
V, S. Rubber
deductible
7%.
deposits.
$1.50
25c
(s-a)
A._uU——---r—
conv.
12-11
■
25c
$14
class
Common
11-24
J20c
$1.50
non-cum.
5'i
11-15
20c
(quar.)
Whitman (Win.), 7% preferred (quar.)——_
Wilkes-Barre Lace Manufacturing Co.———
$1.37%
_—;—__
4 %
U. S. Pipe &
1
12-15
(Boston)
Instrument
Electrical
Whitaker
1
United States Leather Co.—
U, S. Casualty Co..
11-15
12-
$1.75
preferred-—
participating
Westvaco
12-20
12-15
(year-end) i.———+ ■
Co., common (quar.)
—
preferred (quar.)
U. S. Hoffman Machinery Corp.-*-?,,
■:>+;,:•>''>
Common (year-endi -—I**:
class
Telegraph
12-
1-10-45
$1.50
7%
non-cum.
12-1
$1.50
;
15%; resident tax,
tax,
crease
11-15
11-15
$1.25
Westingliou.se Electric Si Mfg, Co., common.
11-15
7% %
!
(quar.)
U. S. Gypsum
4%.
11-15
11-30
$2.50
'
(year-end) ——,———->■.
Co.
1
11-30
25c
Ltd.
Products,
7-2-45
11-15
tax
.
prior preferred (quar.)
Bobbin & Shuttle Co., 7% pfd. (accum.)
U. S. Graphite
12-
$9
T5c
<quar.t_-
4-2-45
9
funds,
Canadian non-residents' tax.
$790,000,000 in demand deposits adjusted, and $447,000,-?
000 in deposits credited to domestic banks, and a de¬
11-18
22 %c
:
Trustees
1-2-45
12-
Canadian
.'%^
this dividend.
ings of United States Government obligations, $272,000,000 in reserve balances with Federal Reserve Banks,
Ltd.—
'
35c
United Wallpaper. 6%
Uk
$6
1
12-
closed for
week ended Nov. 15:
11-14
1
5%
$1.25
(interim)—
(accum.)
preferred
United Stockyards
12-15
12-
75c
■v
„
$1.25
United Public Utilities Corp., $3 pfd. (accum.)
T
50c
75c
(quar.)
Virginia Water Service--*.
preferred (quar.)
Weston
Ltd.—
& Canal
RR.
West
<
12-15
1-2-45
10c
J.
11-10
12-
(year-end)
(extra)
Co.
$1.25
preferred (quar.)
—
5% preferred (quar.)
——*_X-+?+
5% preferred (quar.)————:—
United Elastic Corp.
(quar,)_.
Ordinary registered
11-10
12-15
& Seashore
Western
5%
Co.
12-15
125c
U
Inc.—
:
12-15
50c
.i———-+!
(quar.)
United Molasses
Co.
Point' Mfg.- Co.
11-15
in
shows
cities
11-15
—:
dividend
'-r" ''r^:
Jamaica income tax.
banks
5
12-12
12-15
Virginia Coal & Coke
1
11-
40c
———_u——•
West
Stock
1
The condition statement of weekly reporting member
of the Federal Reserve System in 101 leading
11-30
11-15
77%c
.
West
12-
12-16
!
t$l
11-15
Manufacturers—
&
:
Co.
Gas
12-5
Condition Statement of Member Banks
1
12-11
30c
—
12-15
,
$ Payable
75C
Ohio
12-15
4-10
12-
12-15
Gooderham & Worts Ltd.—
Sugar
Jersey
12-1
12-
9
1-10
20c
(quar.)-.—
participating preferred
West
Less 30%
resident
3-10
$1.25
1-2-45
53c
12-
12-20
3-20-45
$1.75 1-20-45
$1.75 4-20-45
1
12-
,
$2.50
■o'
RR. Co. (s-a) u
West Michigan Steel Foundry
$1.75 convertible preferred (quar.)
11-15
53c
12-
15c
(year-end)_
common
(s-a)
Indies
West
12-11
58
(monthly
preferred
Merchants
United N.
80c
West
11-24
12-15
12-12
11-15
Snowdrift
&
Common
Railways Co. (Del.)-—
prior preferred
prior preferred
United
12-30
9
75c
+
preferred (monthly)4—_—
prior preferred (monthly) —_
prior preferred (monthly)
6.36%
1
i;
Corp
conv.
West
11-17
12-30
$3.50
preferred iquar.)
Corp., $7 preferred (accum.) —
7%'■ prior
7 '/<>■ prior
7-16
Extra
A
United Light &
1-45
preferred (quar.)
Canadian Hydro-Electric Corp.,
$4
Investments—-
class
United Gas
;
1
12-
1-45
Engineering
Oil
Wesson
25 c
tPayable in U. S. funds, less 15%
4-16
5-
(quar.)
D.)
2
75C
"Transfer books not
•
11-15
1-15
25c
Cos
1-15
5C
11-17
125c
2-1-45
x
11-15
12-11
50c
1
12-
2
1
1
12-21
37 %c
Mills.
(S.
Wellman
11-15
25c
—
12-
12-
12- 9
'
12- 4
25c
-"t
Quarterly
1
11-15
12-1
$10c
Electric
United
$1.75
25c
11-10
12-
$50c
com. (quar.)
Ltd.—
Share
&
1
1
,150c
,
(quar,) —T—L————
preferred
United Bond
12-
12-15
$1.25
class A—
of America.,
11-18
$1.50
—————.*■——*
United Biscuit
5%
Corp. Ltd.,
B
12-
1
$1.12%
11-17
1-
$1.37%
Zeigler Coal & Coke Co
'
Zion's Co-operative Mercantile Institution-
11-15
2
—
11-24"
9
12-
'$1
convertible preferred (quar.)———,
5%
Class
12-8
12-
50c
Car
United Amusement
6
30c
—
Cb._tv——
United- Air Lines Inc.,: 4%%' pfd. (quar.) —
United Aircraft Corp., common
(year-end)_
Tank
Union
1
12-
62 %c
(
(irregular)
Warren
(Northam) Corp., $3 pfd. (quar.)
Washington Railway & Electric Co.-Participating units
.U-——~
5% preferred (s-a)—
J———l-T'
5%
preferred (quar.)
Washington Water- Power, $6 pfd. (quar.)
Waverly- Oil Works Co. (year-end)
Wayne Pump Co.—
Welch Grape Juice Co., '7% preferred-——
Warren
11-15
3 7 Vac
$1.12%
C08
Youngstown Steel Door Co.„_.
12-9
(quar.) T—
Wamsutta
12-15
(quar.)———
preferred
11-25
(initial)——
preferred
12-
11-10
9
37 %C
common
(Hiram)
Common
11-24
12-15
12-20
Co.
Co.,
4
50c
12-
(quar.;
(quar.)^k——-———-
preferred
Walker
1-2
50c
Century-Fox Film,
convertible
$1.50
'
4%
1
$1.75
Vic preferred^*-— 1-—
com.
(quar.)-
Walgreen
11-27
12-
1-15
Youngstown Sheet & Tube, commoiu__^__w;
5%% preferred (quar.)
(year-end)
Waile Amulet Mines Ltd.
(interim.)
11-30
12-
2-2-45
11-20
12-15
11-20
$1.50
Aircraft
Waco
1
15C
11-20
12-
3-20
12-
25c
1
75c
4-2-45
Spring & Wire Corp. (quar.),
1
$1.75
1-20
2-1-45
i-1..;, $3
(accum.)___
12-
(quar.)
Vabash-Harrison Corp.
5
$5
50c
common—--^-;—-
Tubize Rayon Corp.,
12-
12-9
50c
■
Forging—:
—
(increased)—————
12-15
.10c
A
30c
Detinning Co.,
7%• preferred
7% preferred
11-25
11-20
Corporation
Young (L. A.)
12-
Common
4
7
& Bennington
&
Truax-Traer
12-
12-
RR. (s-a)
Greenbusli RR. Association (s-a)—_
Troy
Troy
Vulcan
•
1-5
3c
Class
York
11-27
,12-23
37%c 8-
Vogt Manufacturing
$$1
Steel
Co,
12-
41 %C
11-24
1
50c
50c
(quar.)
2
25c
Co.^U——■
Checker Cab Co. (Console(Rudolph)
Yellow &
1-20-45
7
12-
(quar,)^._r;__„___^r._.„>r___
11-21
1
preferred
,
1*
12-
(quax\)
preferred
6%
Wurlitzer
$1.50
^
Chemical
(quar.)
Virginian Railway Co., common
6% qreferred (quar,
6%
—
112-
—w—--
$1.37%
(year-end)
Vick
11-15
12-
_v-.—
Oil
Co
Common
11-15
1
1-2-45
62 %c
toe
50c
12-30
1-30-45
' $i-
.
Works
Iron
-
of Rec.
Payable
50c
;
2-24
1-15
'*
10c
Tr
(quar.)
Van'Raalte Co., 1st preferred (quar.)__^
Vanadium-Alloys Steel Co. (reduced)
U
Vapor Car Heating, 7%' preferred (quar.)__,.
+66c
•
Williams
&
Transwestern
5
12-
(quar.)—
1st preferred
$6
Co.,
12-
•
50C
'
Trans-Lux
Norman
2
58 %C
6'r
preferred
1-
15c
Toledo
5%%
Dorn
Van
11-20
5
common.
common_„_
preference
prior
Van
11-25
12-
Co.,
,
Tivoli
..
$5.50
11-25
50c
-'■(quar.f—
12-15
12-15
Products,
Knitting
prior preferred
Valley Mould & Iron Corp., com.
11-25
12-15
10C
10c
Radio
5%
4
35c
convertible preferred
Timke'n Roller Benring~+—++—*+-4~—-r-'~
$1.40
Upson-Walton Co.
12-11
12-1
$2.50
—
12-22
$1.75
10c
(quar.)
i—•
Thennatomic Carbon Co.,
1
$2.50
preferred
7% pfd.
Ry.,
Flour Mills,
Tex-O-Kan
1
3-15
$2
i'2VaC
Wright-Hargi-eaves Mines
(reduced)
Wriglcy (Wm.), Jr., Co., common
1
12-
12-12
(quar.)———-
Oil
&
Coal
12-15
50c
25c
Gulf
Texas
12-
12-14
80c
Share
of Company
Name
of Rcc.
Holders
When
Per
Holders
Payable
50c
(year-end)
Universal Products (year-end)i^.g_,._+'_^n___
Universal Winding U-.-—-Upper Canada Mines Ltd. (interim)
;
11-24
2
Per
..
Name of
o) Rec,
Payable
50C
—.-
—
Holders
When
Per
Share
Company
Name of
Tido
Monday, November 27, 1944
THE COMMERCIAL & FINANCIAL CHRONICLE
2334
ICC
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4337
160
Potomac Electric Power Co.
Months Ended Sept, 30—
Twelve
than
other
f Provision
Provision
income taxes
t.
1943
.
the
on
on
amount
was
Net
1
operating revenue..
Gross
charges
_
Other
income.—..
Net
-
$5,'337,472
1,106,849
50,189
$3,854,718
A-—-,:;—,———.-—.
deductions
$4,180,439
contingent reserve of $585,000 out of
income representing the estimated, reduction in gross operating rev¬
enue for the seven months ended Sept.-30,
1944, which will-result if
the reduction in rates ordered by the Commission is sustained by the
Court. ; - The charge for. Federal excess profits taxes has been .reduced
with respect to this deduction by $480,350.
,'. V'.
^'The
provided
company has
a
profits taxes for the period
the Revenue Act of 1943 and pro¬
based on the Revenue Act of 1942.
Amounts include provisions for excess profits taxes, after deducting the
tProvisions for Federal income and excess
Jan,
since
visions
1943,
1,
based
are
prior period
the
for
on
are
thereof ■ refundable after cessation of hostilities,
for the period ended Sept. 30, 1944, and $752,808 for the
Sept. 30, 1943.—V. 160, p. 668.
portion
for
stock,
paid
on
each quarter during
in
committe acting for the stockholders of the company filed Nov.
in the Circuit Court of Appeals for the Eighth District a motion
asking for a stay of the appeal in the reorganization proceedings
pending developments in the suit under the Sherman Anti-Trust Act
A
dividend of. 25 cents per share
fourth quarter of (he current year,
the
a
Dec.. 30 to holders of record Dec. 1.
A
March 31, June 30 and Sept. 30, this year,
before
or
St. Louis Southwestern Ry.—Group Seeks Delay—
New Jersey—Dividends—
declared
21
1943.
like
and
filed
'
.
20
of
payable
50
on
cents
before
or
Jan.
on
15
1868,
p.
"The Government
St.
Public Utility Engineering and Service Corp.—Output
output of the operating companies served by this corpora¬
tion '(formerly reported by Standard Gas & Electric Co.) for the week
ended
Nov.
18,
1944, totaled
197,794,000 kwh., as compared with
205,962,000 kwh. for the corresponding week last year, a decrease of
4.0%.—V. 160, p. 2188.
v/:.-1'-/
of
for
Divs.
paid
the
subsid.
hands
in
co,
of
Oct. 2,'43
22,316
39,143
$5,008,075
///,;/
the
of
Railway Express Agency, Inc.—Air Express Shipments
dividend of 20 cents per share on
the common stock, no par value, payable Dec. 15 to holders of record
Dec. 1.
Distributions of 15 cents per share were made on March 15,
June 15 and Sept.;, 15, this year, and in each quarter during 1943.—
V. 160,. p. 1192.
•v'-v;'/.
declared
have
directors
a
Statement, !) Months Ended Sept. 30,
Interim Consolidated Income
operating
Operating expenses
Maintenance and repairs
———:
Provision for replacements—.—
552,006
1,352,896
than income .taxes)——2-———,...
(other
Taxes
1,329,638
profits taxes-i..^—:
2,879,153
69,250
Federal income and
excess
Net operating revenue——':
$3,167,888
126,927
—„
income.,..—
1
:
Interest and other charges—.
income.—
Net
Balance
Cash
—
one-third
About
indicated,—V.
331,856
stock
—
served by Railway Express, gives shippers a
transportation service, the report pointed out.
air express moves in air-rail service, it was
2079.
:
: V»\:'-/:/% ::
all
will
redeem
i
'
160,
.
of its
shares
46,675
next.—V.
l.
cumulative preferred stock on
"
'
■;%; //'/-.://'
$4.50
1442.
p.
Exchange that it
the New York Stock
notified
$1,417,744
——
amount to
Saratoga RR.—Committee Opposes Plan
Rensselaer &
consisting of George B. Wilson, Russell Hartranft and
has been formed to object to the merger of the
committee
A
Thornton
^
McCune
C.
D.
of
H.
&
bonds,
committee
The
and
in
court or courts of competent jurisdiction.—V. 160, p. 2188.
a
1944—12 Mos —1943
1944—Month—1943
exps.———
$9,599,791
.
6,173,997
Income....
Non-oper. income (net)
$306,552
155
$279,896
Drll9
$3,446,562
9,976
$3,425,794
Z)r4,y38
income..—-1..
$306,707
$279,777
$3,456,538
$3,420,856
Net
.■
oper.
Gross,
income
Federal
Fed.
73,910
,
taxes..
70,706
830,325
921,809
29,000
Total deductions-——L
38,400
386,500
412,591
143,100
131,000
prof, .tax—91,206
ex.
of
Acceleration
amort.
directors
declared
have
dividend of 25 cents
a
share
per
776,800
484,900
/::,—/.2A2.
51,000
$112,597
$119,671
$1,319,813
Dec. 15.
no
1942
684.739
764,315
55,816
requirements.
-
r
r
Hearing Dec. 5 on Sale of Gas Holdings—
the proposed sale of the company's
postponed by the SEC from Nov. 20 to Dec. 5.
Hearing
been
is
p.
be
to
on
for
sold
to
$350,000
James
'
2079.
Pierce,
:■
each
cents
dividend
also
of
<
interest
whether
Dec,
28.
such
will
be
not
or
to the
bonds
to
July
and 5%
1,158,450
Operation
Maintenance
Deprec ia tion
i
—
inc.
Fed.
exc.
395,219
———
Taxes, other than Fed._
Fed.
352,145
—_
343,363
.
196,772
taxes
449,919
prof. tax-
paid
A-780,
in
Conn.—V.
Gross
Int.
V:'
■
:
Prov,
1,830
income.——_>
$688,865
$733,162
$2,793,583
has
the
4%
A-395,
the
per
to
and
the amount
stamping,
A-439,
of
held
234,247
229,789
929,502
53,671
58,486
238,515
divs.
net
Undistributed
of
pref.
on
sub.
former
prior
periods
to
1944
Seattle Gas Co.-
Prov.
inc.
for
ac¬
Balance
—V.
56,107
12,061
$437,634
123,125
^04,375
$.331,493,';
——'L
$33^,259
Operation
$1,767,464
$1,749,487
473,750
417,500
$1,349,964
$1,275,737
..
$2,146,887
833,616
_
139,786
Maintenance.—
115,740
1,440,627
1,557,237
taxes——
197,917
69,243
2,027,328
250,439
245,792
2,911,668
—-V.
932,894
29.380
109,294
52,024
162,524
101,862
154,830
local
deductions^.—
59,587
60,888
180,136
181,314
Prov. for Fed. inc. taxes
22,500
21,000
67,500
.63,000
Total int.
•/'
•
Net income to surplus
Quantity
of
(Met.)
$23,556
:
—_
Mcf.
of
sold——w
$258,81C
2,284,776
2,223.241
97.9c
i,-.
.
of
gas
per
^
^.
made-^—-
The
is
$4,259,467
15,261
$4,388,367
5,236
income.—.
$4,274,728
$4,393,603
deductions:
1,348,994
1,290,065
income——
—
(net)—
.
160,
871.
p.
1944—Month—1943
$576,555
$572,026
Period End. Sept. 30—
Operating
revenues
Uncollectible oper.
Operating
—
rev.j
/ 194.4—9 Mosi—1943 '/
$5,157,874 $4,993,195
■/
2,419
4,600
.
5576,555
$5,155,455
operating
3,428,960
a
preference
872,093
withdrawal
Sheldon
mittee
not
was
Clark
the
of
elected
given.—V. 159,
has
elected
been
•Exclusive
"der
ace
to
of
reduce
with
the
dividend
arrears,
income
—V.
160,
$48,445
$854,402
$816,203
63,715
20,314
611,513
568,857
—i—
1671.
p.
has
been
have
been
Vice
elected
members
Sinclair
a
Executive Vice-President, has been elected President,,
M. Rust, Sr., who has been elected Chairman: iof the
M. Rust, Jr.,
S.
./'"'"
''
directors.
of
official
company,
(Including Fully Owned Subs,
:
Period Ended Sept.
(other
provisions
Gross
except
Saguenay Electric
than inc. and excess profits taxes)
profit
Co.)
:/
140,176,
Cr6,766
———
Total
income-
Interest
on
Amort,
of
1,022,835
^
nnaic.o""
of
issues
of
bonds,
WW
212
and
shares—
on
$7,588,117
$8,045,577
bonds
44,144
—.
retired
132.432
Preferred
1943, in
Common
,pa;a^ppt*. ^j
having,beep, made, m accordplan for recapitalization,—'v- 160,
payment
V
has
Leland
V.
Mr.
specializing
in
1743.
7
t
-^'
excess
,
16,075
184,417
552,997'
246,422
—
^profits taxes-
653,066
$319,832
$820,662
4,161,631
V.
elected
-//./.-
President
to
succeed
the
1944
Other
$3,526,493
1,436,045
1,305,585
141,590
and
excess
profits taxes—
133,188
292,806
305,388
522,920
.
—
depreciation———
301,993
477,373
—
operations--^.-—7—
$901,575
i
/-
139,854
i,inpOme———————f:-—
interest .charges and other deductions-
143,640
$1,150,772
|15,234
$626,195
accrued
preferred
on
473,207
$1,007,132
$1,041,429
i|^|i||:r;(net:)—^__-_^—
Gross
Total
1943
$3,772,308
■
421,216
$729,557
335,678
335,678
$290,517
stocks——
-———'
;;—
$393,879
Earnings per sh. on 118,938 shs, of com. stk.—
160, p. 1901.
—V.
./
$3.31.
,
.
■„
/
Chicago—Calls Bds.
(>36 Church Street Building Corp.,
of
$2.44
,
the
outstanding 1st mtge. leasehold bonds due June 15. 1949,
for redemption on Dec. 15, next at par and int.
Payment will be made at the American National Bank & Trust Co.,
corporate trustee, 33 No. La Salle St., Chicago, 111.
called
been
have
Solar Manufacturing Corp.—Div.
Guaranty Trust
$5,038,967
68,752
jLl,—;—
206,256
630,000
dividend'^—_/.
dividenc^———————
surpius^^pt,
160, p. 47r;~",' '
30,
1944
,
disbursing
Disbursing Agent—
York has been appointed
stock.—V. 160, p. 1443,
of New
agent for the common
Southern Bell Telephone
Period End. Sept. 30—
revenues
___
Uncollectible oper. rev.-
210,000
$4,202,711
$4,202,711
--
Operating expenses
Operating
Net
—
•
Co.
dividend
-
(Do.—Earnings—
1944—Month—1943
1944—9 Mos.—1943
;
$10,806,604 $10,326,027 $97,624,409 $90,255,379
21,851
24,126
205,933
243,532
4,218,305
$4,481,463
beginning of period
surplus-Li——-——
Earned
been
73,495
———
depreciation—.
Earned surplus,
Total
has
u
for
income
from
The
Net income for period
^550,000
i,.it
com¬
Watts
directors,
years,
.
/
,!V
42,899
paid—————r;2J687,500
the
many
of
and
—
exp.
preferred
3,072,321
of
160, p.
executive
$3,271,774
06
Tnisob:'
debt
funded
interest
Other
26,978
/■ $1,176,513
ir.ngssr
——
$3,198,224
73,550
$1,149,535
rr-jrexr.*™
income
Oiher
$4,973,255
.
board
the
for
Watts
revenues—J:
Maintenance
All
2,367,391
2006-
of
Operation
Balance
3 Mos. "
9 Mos. ;
Operating revenue—————:
—„u_——^
$1,356,702 ' $4,098,954
Operating, maintenance and admin, exps.—213,933
760,554
,*$409,897 1 $5,220,725
share
the
Albert* E.
Mr.
•
30,1944—
for
per
and
Sioux City Gas & Electric Co.—Earnings
Dividends
/.
Jr.,
12 Months Ended Oct, 31—
;
which maintains offices at Pittsburgh, Pa.; Birming-.
ham, Ala.; Washington, D. C'„ and New York, N. Y.„ is engaged in
engineering design and:'construction of complete industrial plants ana /
facilities.
i':
•
:
■-7
■'/.
The
Tabor,
H.
General-taxes
(The) Rust Engineering Co.—New President, Etc.—
S.
for income and
$2.50
of
of 'directors.
President
late Earl W. Sinclair.—V. 160, pp. 2080 and 1443.
Provision
Provision
of
/'
Sinclair Refining Co.—New President—
George
Federal
Provision
such
2678.
p.
Chairman
board
corporation's
Executive
Stanford
882,461
$90,444
26,738
dividends
30.21c
i
and Exchange Commission on Nov, 7 permitted the
to withdraw its application for an order declaring that it
subsidiary of Portland (Ore.) General Electric Co. The, reason
Operating revenues
rior
29.33c
,
31.89c
Sinclair Oil Corp.—Changes in Personnel—
3,289,931
154,079
income
$8,018,789
192.285
85.8c
2,295,820
Securities
not
Operating
Net
Dr41,986
4$394,300
Balance
•
$4,988,595
369,502
96,803
—
$572,026
389.308
revenues
Operating expenses
Operating taxes
$7,630,102
Int. and amort
87,2c
2,398,203
30 89c
614,769
,
Withdrawal—
;/.:
Stanford
$3,103,538
$2,925,734
income—
Dr2,l26
$616,269
206,371
97.2c;
':■■
•;
651,795
cost
Mcf.
$245,917
581,928
:.
made
gas
$43,936
597.928
sold
gas
■
for
been
Net
$1,919,563
34,620
54,764
226,853
company
income
Income
and
1944—9 Mos.—1943
$503,124
2,971,192
$618,394
$586,586
—
the
218,782
Operating
Balance
equalize
$493,553
;/: 3,007,750
Drl4,698
(not)*—
such regis¬
upon
will
interest
76,216
1,328,324
$601,283
revs.—.
oper.
$1,000 bond
per
additional
$125,824
1,618,200
Premium
Net
A-632, A-676, A-677.
respectively, which have-
A-1102,
will be entitled to receive interest
71,253
2,109,205
2.545,419
Other income
1,
;
A-104,
1.035,644
,
——i
1,608,631
Operating
1,084,817
taxes———
Federal inc.
Other,
$2,012,613 $26,202,527 $24,002,503'
808,333
10,347,981
9,036,345
1,728.209
1,876,506
155,109
123,845
„i_
Depreciation
•
$2,019,797
earnings
1,458,200
1944i~12 Mos.—1943
1944—Month—1943
to Jan.
to July 1, 1944. ,
numbered A-64, A-73,
$105,643
Net
2,123,286
taxes^—
Other
-
Fed.
plant and equip
of prop.,
deprec.
:hoM
Puget Sound Power & Light Co.— Earnings— /'%.
End., Sept, 30Operating revenues—.
Operation
1936,
1,
per
$569,967'
286,523
Prov. for deprec.———
income.. taxes^-.:2-2-U-22-i-w-:-——~
Other,
Taxes
-
Period
from July
1944,
1944—3 Mos.- -1943
—————,
Maintenance
Holder
96,772
1084.
160, p.
26.
5%
$596,119
329,839
earnings—
gross
(Mcf.)
1943
Saguenay Power Co., Ltd.—Earnings—
$454,618
dated June
follows:
as
280,400
for
board
ized by company—
Pfd./ stock divs.„-^——
paid
Earnings—
Period End. Sept. 30—
Total
316,342
purchased
Maintenance
actually real¬
Net inc.
accrued interest at the
each of the 1,240 bonds
A-453, A-555,
$95.83
which
•/.
interest paid on all outstanding bonds.-s-V. 160, p. 2189.
for resale—.
and gas
succeeding
quisition
1,
7,421,848
Electricity
943.965
of former sub.
by public——
been
bonds
18
on
1.
after
road.
annum
from Jan.
A-405,
1944,
Dec.
is made
■■
of unpaid
already
following
beyond
receivers
the Receivers
pursuant to letter
A-1013, A-1017 and
registered and stamped,
so
addition
tration
$21,021,802 $20,117,536
——
.
expenses—
$3 046,713
deducts.
for
st^s.
$2,780,833 / $3,037,985
12,750
8,732
$731,332
6,166
other
each
Rochester Telephone Corp.—Earnings—
1944—12 Mos.—1943
$682,699
and
in
Northern Bds.
/•■' '■
A-971,
been
8,248,125
Operating
160,
(nejl)——
income
oper.
the
by
1,
trustees of
1,1936;
of
A-143, A-329,
Quantity
Corp.—Earnings—
/
/' 12 Months Ended Sept. 30—
Operating revenues
Net
Net
Other income
payable
delivery to
to Dec.
Interest
per annum
The holders
Rev.
Gross
$3,501,072 $14,430,027 $13,157,608
1,181,658
4,758,723
4,226,177
232,144
1,289,358 '
788,106
V 387,315
1,600.822
1,533,214
362,943
1,325,307 .1,365,966
193,444
881,244
802,749
: 412,234
1,793,737
1,403,407
$3,578,569
revenues——
15
Dec,
on
share on the 5Va'V
Dec. 15
to holders of
per
1942,
Rochester Gas & Electric
Public Service of Oklahoma—Earnings—
Operating
per
1671.
p,
per annum
addressed
•taxes
on Aug; 1, 1943; 50 cents
1940.
per share on the 5Va%
$100, was also declared,
payable Dec. 26 to holders of record Dec, 11.—V. 160. p. 1742.
%
business has
The gas business
gas
Hartford,
1944—3 Mos.—1343
made
were
$1.37 Va
declared,
160,
foreign and export operations.—V.
Period End. Sept. 3C—
.V
cents
years.
registered and stamped
were
1944;
par
April 1. 1944; 75 cents
and 30 cents on Dec. 20,
The usual quarterly
dividend of $1.37Va
cumulative convertible preferred stock, par
$1,470,556
63,692
income—,»
div.
bonds
which
for
Net
Pfd.
share
on
value, payable Jan. 2 to holders of record
A similar distribution was made on^Sept, l. last, as compared
stock,
common
Federal
of debt disct. and ex p.
per
cents
dividend of 75
extra
an
i.
State,
Reynolds Metals Co.—25-Cent Common Dividend—
The
the
on
Hampshire—Earnings$833,757 $10,023,554
553,861
6,576,992
Oper.
declared
15
50
was
30.—V.
full rate of 5%
seeks
prevent the present plan of merger from* beingto
institute any suit or proceedings
for such
to
necessary
purpose
$850,264
543,712
Total
of 25
quarterly
v-,//.
The $95.83 represents the balance
proposed in the merger plan of the D. & H.
authority to take such steps as it may
as
also
with 50 cents paid on
Public Service Co. of New
revenues..—
stock
additional
the
The committee proposes
that the stockholders demand payment in cash for their shares' instead
deem
purchase of 4,000 shares of the common stock of Home Gas &
Electric Co. from
the latter company for a
cash consideration of
$112,000 was approved Nov. 14 by the Securities and Exchange Com¬
mission.
The purchase represents 20% of Home Gas common stock.
See Cities Service Power & Light Co.—V. 160, p. 2079.
Period End. Oct. 31—
No
on
Dec.
not
The
Operating
Nov.
quarterly
Nov.
annum
Remington Rand, Inc.—Partial Redemption—
has
viola¬
11 to
Sept,
on
Seaboard Air Line Ry.—To Pay Tampa
On
The' corporation
in
road with the Delaware Az Hudson RR. Corp.
on hand Sept. 30,
1944,
compared with $5,212,103 on Sept. 30, 1943.
Acquisition—
of
160, p.
consummated.
)
at or is destined
which originates
it
over
Legh R. Powell, Jr. and Henry W. Anderson, receivers have made a
general offer to purchase at any time on or after Dec. 1, 1944 any
arid all of Tampa Northern RR.-1st mtge. 5% bonds, due July 1, 1936
at their principal amount and unpaid accrued interest'to Dec. 1, 1944,
amounting to $95.83 on each $1,000 bond or a total of $1,095.83 Tor
each $1,000 bond.
% v..
...■
■
points
flexible
nation-wide,
$1,749,600
—
government bonds
as
off-airline
23,000
1,545,215
surplus
and
$7,432,092
:
:/■
traffic,
city,
$3,294,815
—
—————
Dividends applicable to preferred
V
in combined air-rail service in the
gained 11.6%: over the similar 1943
year
and consequently moves part way by rail,
exceeded $3,000,000 for the first nine months, the report indicated.
The coordination of air and rail express schedules between the 375
U. ,S. and
Canadian cities served directly by the airlines, and the
non-airport
a
Jan.
income
Gross
this
of
months
according to the Air Express Division of Railway Express
Agency.
A total of 327,013 shipments were moved in the combination
service for the nation's commercial airlines, compared with 292,802
made
was
.
-Colorado State income tax—
Other
1944
,776,078
-
nine
period,
to
$17,126,910
Gross
first
handled
shipments
express
shipments last year.
Revenue ox this air-rail
(& Subs.)—Earnings—
Public Sendee Co. of Colo.
Air
dividend
a
payable Dec.
stock,
regular
preceding
usual
preferred
Distribution—
Powdrell & Alexander, Inc.—Larger
The
exercised
2080.
p.
dividend of 25 cents per share on
stock, both payable Dec. 15 to holders of record Nov. 30.
two
record
,
control
160,
17 declared
distribution
disrtibutions of
the
•
\.V•/,'■
laws,"—V.
Nov.
on
the
common
The
160, p. 2188.
development in the affairs
new
a
of, the
reason
common
similar
directors
2' r'V.;,
—V.
by
on
par
A
and
Extra
Net profit after all charges
v;;
constitutes
Schiff Co.—To Pay 75-Cent Extra Dividend—
share
—
suit
anti-trust
$1
l.
The
720,000
$3,634,863
public-—2.——
of
holders of record
15, last, as com¬
pared with 50 cents on March 31, 1944,
Payments last year were as
follows: Jan. 15, 2E> cents; and June 12/and Dec, 40, 50 cents each.—
v. 160, p. 1443.
/;,.
.
■;/.
Dec.
pfd. stock of a
and 7%
common
on
Association
banking interests
Schwitzer-Cummins Co.—25-Cent Dividend—
Subs.)—Earniilfgs—
profits taxes.-—4,062,000
excess
wasted
the
The directors
Profit from operations
—$10,293,035 $11,914,106
Depreciation ——————_2—\
979,856
966,888
Prov. for contingencies and post-war adjusts—
■_—-—/
1,000,000
Prov. for est, normal income and surtaxes-i—.
1,594,000
4,180,000
Prov.
the
Southwestern," Walter E. Meyer, an attorney and chair¬
committee, said;
"It has been my contention for many
St. Louis Southwestern's earnings have been impaired and
assets
tion
on
Sept. 30,'44
against
Government
the
that
years
its
,
39 Weeks Ended—
the
Louis
of
man
Electric
of $525,577,
period ended
.
of
"
/v
Radio-Keith-Orpheum Corp. (&
by
August
American Railroads, 47 Western roads and important
here.
monthly dividend for January
the 6% cumulative preferred stock,to holders of record Dec. 15.—V. 160,
chare
per
last
i
The directors also declared the regular
'
$5,185,016
1,261,833
68,464
income.
Interest
$5,312,521
24,951
$5,156,575
28,441
...
revenue.'
Nov.
on
common
payable
(1945)
Non-operating
Service Corp. of
directors
The
———,
.—
depreciation.
Public
■: ';/■■'•'
-
——r' $22,521,701 $22,249,837
10,989,835
10,239,167
1,612,014
1,622,387
2,105,599
2,837,480
2,657,679
2,238,282
—,
for, income taxes
for
j
1944
^Operating revenue
Operating expenses.*.—
Taxes,
-Earnings—
;
2335
Net
taxes
operating
income
—V. 160,
p.
1671.
—
income
$10,784,753 $10,301,901 $97,418,476 $90,011,847
7,276,491
6,713,822
65,857,6p6
57,683,921
2,209,270
$1,298,992
983,336
2,214,045
19,862,243
19,974,824
$1,374,034 $11,698,577 $12,353,102
1,044,012
8,807,026
9,344,269
Monday, November 27, 1944
FINANCIAL CHRONICLE
THE COMMERCIAL &
2336
t-
Co.—Stock Placed on
Pacific
Southern
directors
Basis—The
Dividend
on
Nov.
Texas Gulf Sulphur Co.—Extra Dividend—
*X
quarter of 1943.
Mr. Holliday stated further that the company is
continuing ;fo drill a large number of wells, especially in the West
The directors on Nov. 17 declared an extra dividend of 25 cents per
Edmond
field, near Oklahoma City, Oklahoma, in which important 7*
share and the regular quarterly dividend of 50 cents per share on the
field the company has a large acreage position.—V. 160, p. 2190. ;
capital stock, ,no par value, both, payable Dec, 1,5 to holders of record
Nov, 27.
An extra of like amount was paid on June 15, last, andt on
Dec, 15, 1943.—V. 160, p. 2008.
Standard Steel Spring Co.—Earnings-V.
■- Al; ;■ YV'.
■■■■
a $3 Annual
16 declared a
quarterly dividend of 75 cents per share on the out¬
standing capital stock, no par value, payable Dec. 19 to
holders of record Nov. 27.
Previously, the company
V,',t AA/'-^'
Period End. Sept. 30—
paid dividends of 50 cents per share each quarter.
In
addition, an extra of 25 cents per share was disbursed
on June 21, 1944.—V. 160, p. 2189.
'
A
Net
profit
Earns,
The
ICC
of
Nov. 10 denied the company's application for authority
approximately 50 miles of its Rome-Attalla branch.—.
2189..,/
•; aaa
/ a \„.//:/'■"'• .;,;AA/AP A/A
on
v.
160, p.
:
'
Southwestern Associated
Period End.
Operating
1944—9
Mos.—1943}
$205,874
$189,922
$1,848,992
COO
6,300
,■•■"/ 5,400
for
$133,761:
the
Operating
$205,174
132,803
52,671
revenues..„
Operating expenses.——
Operating taxes,—
107,279
43,370
—V, 160,. p. .1744.
,
$38,673
140,516
,
income—„
Earns,
Thermoid Co.
"Based
....
revenues
Uncollectible oper.
rev..
an
on
25,701
revenues—A 12,555,344
7,646,639
——
3,309,642
expenses
taxes
.
on
average
an
during period.
during this
of 1,767,842 shares outstanding
of
average
shares outstanding
160, p. 1902.'
1,750,667
-1943
Stix, Baer & Fuller Co.—Year-End Dividend—
111.659,592 102,148,207
215,673
266,355
income.
1,599,063
1,597,764 714,350,524
1,235,284
11,753,159
V
—V.
oper.
first
preferred
and the entire
the
Dec.
lot on
of
Co.
York.—V.
New
on
Feb. 5,
Selection
redemption will be determined by
notified by Chemical Bank & Trust
1744.
~
,
.A
preferred for
and holders
6
redemption
will be
160,
p.
1.
Dec.
Albers, President,
H.
Canada
in
of
Sperti
of
.h-.r-.f--v A'. A'
/,'
on, Nov. 17 announced the , incorpora¬
Canada, Ltd., with headquarters and
A':;
A A:-; ;■ r-v '
Profit
from
Gross
Securities
&
the
amended plan provides
The
for a
approved the amended
202,056
revenues.—;
net-
Net loss
..A—
fi-om opcrs;
$1,495,179
_y;
87,631
75,073
;:
$8,107,597 V $7,664,119
estimated income taxes;
Federal normal tax and surtax
;——
Federal excess profits tax (after deducting
post-war refund and debt retire, credit)
the
Statement
Income
Total
;
operating
"Total operating
an
Net
operating
Sept. 30—
;
V
-
the proposed distributioncents per share was made on Dec. 15, 1943 and 1942,—V. 160, p. 2115.,
portfolio securities as provided in the amended plan or to the allo¬
cation of the new common stock to the holders of the $7 and $6
A Swift & Co.—To Pay 40-Cent Dividend—
•
i
prior preference stock and to the $4 preferred stock.
Present common stock does not participate in the plan.».'•.> A
The directors on Nov. 16 declared a quarterly dividend of 40 cents .
The Louisville Gas & Electric Co. of Delaware, a subsidiary holding
per share on the capital stock, par $25, payable Jan. 1 to holders of
company of Standard Gas
Electric Co., whose assets, consist -prinrecord Dec. 1.
A similar distribution was made on April 1, July 1;
cipallyof Louisville Gas & Electric Co. of Kentucky, .,has filed a plan
and Oct. 1, of tho current year, as compared with 30 cents per share
of
liquidation with- the SEC,.,
Upon: consummation. ,of ..Standard's
in preceding quarters.
In addition,, the company on'March 1, 1944,
,
amended plan and liquidation of Louisville of Delaware, the principal
paid a special dividend of 40 cents per share.—V. 160, p. 472r".-h";,!
assets of Standard remaining for disposal under .its integration pro¬
gram would be its investment in Louisville Gas & Electric oi Ken¬
expensesw__;__„
■
Syivanla Electric Products^ Inc.—Extra
:
After disposal of the
Kentucky property this would-leave the Phila¬
planned that: standard and the Philadelphia Co, will be subse¬
quently merged. '
:
:
On the assumption that the Commission will- approve the settlement
it
The directors on Nov.
recapitalized;Standard .and A
is
,
Light Corp.,; top holding com¬
pany, and Standard Gas, providing in part for the transfer of all
Standard Power's assets except expense of liquidation to Standard Gas
«
3,439,998 '>■ 3,417,129
after the disposal of Louisville
of Kentucky and allowing for use of any residual cash Standard
bring into the merger would be approximately $5,800,000 on a
consolidated basis, which would be equal to $1.12 a share on 5,159,826
shares of new common which would be oustanding upon the consum¬
mation of the plan of Standard Gas and the settlement with Standard
Power.
'A n." < ;
Referring to the negotiations for the sale of the Kentucky properties
to City of Louisville,. the Commission's opinion said:'^Should the
transaction be consummated at the minimum- price GAC. Mathews
(Vice-President of Standard Gas) indicated as its selling price, that is
would
share for Louisville of Kentucky stock (including its invest¬
Kentucky West Virginia Co.) after all taxes, if any, it is
estimated that t Standard Gas would realize approximately $10,300,000
from, the sale of Louisville of Kentucky and the liquidation of Louis¬
ville of Delaware.
However, should the discussion with the city offi¬
cials of Louisville fail to materialize in a sale to the city, the record
indicates that aside from any difference in the proceeds if the securi¬
ties were distributed .to the. public there would be substantial distribu¬
tion costs, and thus Standard Gas would not realize as high a figure."
All proceeds of the sale of capital assets by Standard, other than
42,090 shares of Oklahoma Gas & Electric common which standard
has heretofore contracted to sell, will be applied to the payment of the
accrued Interest on, and the principal of, the bank notes.
In a dissenting opinion, Judge Healy disagreed with
the majority
in its conclusion that any part of the new common stock of Standard
Gas should go to stockholders junior
to the prior preference stock.
Judge Healy contended
that the prior preference stockholders are
entitled to be compensated in full for their rights before the junior
preferred stock or the common stock is accorded any participation.
—V. 160, p. 2115.
$25
per
in
ment
Standard Oil CoA
9
•iNet
operating
income,
income
Earnings per common share
—.
'
1944
1943
$125,201,443 $103,653,093
5,323,363
3,525,532
$5.63
$4.07
deducting
1942
$98,378,075
4,294,260
$5.08
gasoline
production program, and that the company's net crude oil production
at the end of the third quarter was approximately 11,500 barrels per
day as
compared with 7,000 barrels per day
Teiccoin Corp.—Partial Redemption—
The
,
Distribu¬
•
1941,
at the close of the.third
expenses,
1944
1943
income„_„„.___^
$554,029
$568,456
and taxes„
68,406
70,628
9 Mos. End.
Net
:
Net
7%
348,439
773
29,830
29,933
$108,333
$118,683
interest,.,.,,...
Debt discount and exp.x
income
preferred
dividends
/ 1
A
$497,828
347,213
interest__i.„
$485,623
248
earnings.
Debenture
Other
Sept. 30—
stk.
(no par)
51,633
51,633
$56,700
$67,050
$543,569;
banks, $396,300;
total, $19,378,144,
Liabilities—7%
participating
...
.
356,830
$3.23
(v-$3.77^'• •—•$3.37 -,>•;
$116,513:
•
•
,
bonds, $1,800,000;. accounts
inventories, $1,680,338; investments,';$1(267,884;
other assets,; $839,8l<2;
land, buildings, equipment; wells, pipe lines,
leaseholds, etc.—at cost, $35,887,308; trade marks; contracts, etc,, >$1;
prepaid taxes, rentals, insurance and expenses, $239,279; total, $44,-
,
$1,?59,060;
'
,/
.
A,
,
/'
' /■'
.
'■;•/■>'' r:/'-
A,
Liabilities—Accounts payable,
and
State
77,290
51,633
$64,880 '
;
'
United-Carr Fastener Corp.,—Earnings—
(Including Domestic Subsidiaries)
^
;;AA
$110,670
stock (par $100),
'
./
•
a
.
;
A
End/Sept. 30—
1944
1943
1942 Net sales
—/U
t$15,863,789t$17,641,668 $12,314,552
Cost of goods sold and
"
'
'•? :
•; ••
.
operating expenses,.- 12,782,585 13,465,198
8,984,889
$33,145
$4,917,-
/
,
1941
$3,975,657
$4,176,470
$3,329,663
$2,453,817
179,373
266,523
210,598
222,537
168,109
183,-199
*2,633,446
2,196,081
1,263,761
9 Mos.
235
operating profitdeductions
less
Net
Other
other
,
(no
$3.05
~
Consolidated Balance Sheet, Sept. 80, 1944 •
/
;
Sept. 30, 1941
cumulative
397^85
• •
.
Jo/658
$18,323,600; unamortized debt discount and
from subsidiary companies, $105,971; cash in
special deposits, $7,928;
accounts receivable, $778;
preferred cumulative stock
$319,310
43o0.«0T
397.88*,
903
due
first preferred
.
including provision for accruals/Fedtaxes, $1,043,010; dividend payable, $298,414; reserves
for depreciation and depletion, .$23,405,619; "reserve for contingencies
and taxes, $1,091,803;, reserve for income 'taxes and expenses—1944
;'operations, $1,255,000; minority interest (common stock and surplus),
$51,562; common stock 4397,885 shares no par), $11,952,538; earned'
surplus, $5,591,088; total,' $44,639,033.—'V. 160,"p. 1903; v . , A\ .
,
$82,771; class ,
A common stock (7'8,437 shares, no par),
$452,771; class B common
stock ($1 par), $450,000; funded debt, $9,259,000; due. to subsidiary ;companies, $63,000; account payable, $2,837; accrued interest, $154,317;
accrued taxes, $30,938; reserves for employees' benefit fund, $28,936;
reserves for probable, losses, etc., $1,672,540; capital surplus, $1,515,107;
surplus reserved for general contingencies, $160,000; earned surplus,
$588,529; total, $19,378,144.—V. 160, p. 2190.
•
U
400;
-
Assets—Cash, $2,015,351; U. S. Treasury
receivable,
veral
71,390
V
Balance Sheet,
' 18,236
$3,425,267
885,000
1,301,478
24^238
$1,285,843" §1,214.551
895,241
895,241
$445,349
397,885
397,885
.
A "After deducting manufacturing, selling, general and administrative
expenses^ tlncludes $178,000 in 1944. $453,000 in .1943, "$550,000' in
1942 and $310,000 in 3941 for Federal excess profits taxes.
; / ; A /:
,
$498-,158
30,332 '
$3 preferred dividendsBalance
.
•I
1941,«
t.
.,
$3,866,024
1,186,000
1,375.943
16,989
-
$1,340,590
895,241. ; ;:; 895,241
Earnings per share—_
$569,548
$500,696
352,048
19,697
$1,489,724
$594,483
Shs, com.
;
'
V
:
Surplus
r
67,808
-66.500
43,900
1942
.
.
$3,930,933
855,000 v '1,027,000
1,571,296
1,546,353
<
A
$568,503
1943
.
53,935,717
.,
Net profit
Common dividends
689,033.
Oper. exps.
1944
Sept. 30—
after
tFed., State & inc. tax.
to Dec. 15, 1944.
Redemption will be made;
at the United States Corporation Co., 150 Broadway, New York, N. Y.
At any time up to and including Dec. 5, 1944, being the ;lOth day
preceding the above redemption date, shares of said preferred,stock
called for redemption may be converted into shares of; common stock
at the rate of three shares of common stock for each share of said
preferred stock surrendered by the holder thereof for such conversion, j
Written notice of such conversion to be effective must bq received not
Total
A
A..
& depletion-^.
Minority interests vu-
unpaid dividends thereon
1942
1,631,000
1,981,600
1,642,700
Deprec.
demption to be made on a pro rata basis and to apply to 25% of the
shares of such preferred stock held by each preferred stockholder on
that date to the nearest full share.
On that date said preferred stock
will be redeemed by the payment of $5,50 per share plus accrued and
.'25.68.',;,;
9 Mos.End.
"Profit
.
Telephone Bond & Share Co.—Earnings—
A
1,426,200
;
(after deducting
tfhited Carbon Co. (& Subs.)—Earhings-
preceding
An extra of
A -v
5, J944.—V. 159,'.p.
profits tax
income
Other
A:
called for redemption 25% of the outstanding
convertible, preferred stock on Dec. 15, 1944, such re-
later than the close of business on Dec,
normal tax and surtax
excess
-V. 160, p. 1120.
directors'have
cumulative
5%
expense,
and oil taxes.
tAfter all charges andFederal income and excess profits taxes.
With regard to current operations, W. T. Holliday, President, stated
that current earnings have been benefited by the company's crude oil
"After
each quarter during 1943.
paid on Dec. 20, 1943.—V. 160, p. 2008.
$7,023,-874
4
Assets—Investments,
(Ohio)—Earnings—
Months Ended Sept. 30—
-'Gross
quarters of this year, and in
income
$7,162,181
post-war; refund
stock,-no
.
1.
Federal
'
result in the issuance, of 139,692. additional shares of com¬
merged Standard Gas-Philadelphia Co.
Dividend—
^10.441,003
«...
Federal
dividend of 25 cents per v
21 declared an extra
dividend of 25 cents per share on the common
a
25 cents was also
The Commission estimates that
Gas
and
value; both payable Dec. 20 to holders of record Dec. 9.
tions of 25 cents per share were made in each of the three
stock, which would bring the total outstanding to 6,159,826 shares.
the probable net earnings of the new
mon
,
par
plan filed jointly by Standard Power dc
this would
share
4,295,038
$10,602,179
'Includes prof, for estimated income taxes;.
.
tucky.
$6,145,965
4,326,580
Gross, income
Total deductions
Net
1943
$32,090,073 $31,339,693
25,814,475
25,103,728
$6,275,598
revenues
,
delphia Co. as the sole subsidiary of the
81.800
1944
v
A-
Non-operating revenues
of
:
;
revenues
change was made by the Commission in
No
2,943,700
Only)
of Missouri
Electric Co.
(Union
4.309,400
-
1,679,400
A;
64,700
t.'Othev income. taxes„„»„,»
quarterly dividend of 30 cents per
usual
4.157,000
•.
extra dividend of 15 cents per
share on the
outstanding 287,000 shares of common stock, par $10. both payable
Dec. 15 to holders of record Dec. 1.- An extra distribution of.fiveand
/
1780.
directors on Nov. 20 declared
The
8,648
122,675
"Includes prov. for
$1,406,573
;
$1,63
earnings
share
b
Net income
12 Months Ended
par
494,069
40,759
101,293
494,069
subsidiary.-.—
of subs, land & (level to.
•
Sutherland Paper Co.—Extra Distribution—
debentures
11.120
$12,568,771 $12,093,6283.835,783
3,793,388
—
deductions
Other
34,694,831
73,900
revenues,
charges
dividends of
Preferred
450,754
$1,494,204
earnings—
interests.
35,290,435
n——A. $12,494,805 $12,082,502
,
!
(est.)—
contract prices.—V, 160, p.
war
'"/-:capitalization of 5,020,134 shares of
Holders of each
and
42,187
$47,785,241 $46,777,332
;-y
Net' interest
601,500 i
$1,420,100
Earnings per share (862,855 net outstanding)—
' $1.64
Note—Net earnings are shown before provision for renegotiation of
Net
value common stock
$1,000 face amount of the existing $59,202,200 notes
would receive in exchange $304.95 in cash and port¬
folio securities having an adjusted basic value of $695.05. .
no
new
profits
;
operating
Gross income
1,804,500
39,843
2,562,000
/
Net
Non-operating
115,857
'476.000
(est.)
tax
Earnings applicable to minority
y
;VA,'
plan.
inc.
profits tax (est,)-,—__
and other foreign taxes
plan of recapitalization.
David Kadane, .counsel for the Public Utilities Division, has peti¬
tioned the Federal District Court at Wilmington for an order to en¬
force
$4,507,635 '
Capital .stock tax^..*.-.—
Proy, for Canadian normal and excess
Electric Co.—SEC Approves Plan-
Exchange Commission has
$4,980,102
203.655
Federal hofmal
for
for Federal excess
Consolidated
,
$4,135,056'
372,579
earnings_.lb..'A-.,vA_w,.—
(& Subs.)—Earnings
1944 '
'
1943 :;r;
b^vbyb-y/fyA;1;"' "h"
Sept, 30
operating revenues.,
"Total operating expenses-
A'
/——A
A—A $4,515,169
.AAA-.A'—464,933
operations-
Prov.
biodyne thereapeutic products and
animal feeds, vitamin products, and
electronic equipment..1,'
A: A- :':y./'. A'".-a
Ralph A. Lostro is Executive Vice President of the parent concern.
12 Months Ended
Total
A./
Earnings for Nine Months Ended Sepjt. 30
I'A'A/AA/AA A'AA.A, 1944 :
1943
Prov.
produce and market other
eventually, irradiated yeast, foods,
Participate—
.•
Depreciation
will
The
/:yh
Union Electric Company of Mo.
'
(Including Canadian Affiliate), / A.y:A' A/A-AaA A>
t
in come—.
Other
patented under the Sperti name. A1
Sperti of Canada, Ltd. will promote export business in the United
Kingdom as a joint project with the parent U. S. affiliated:' 'A .4.Aa/A
Besides the manufacture of burn ointment, the Canadian subsidiary
Standard Gas &
an
common
..
Consolidated
V
manufacturing facilities at Toronto, Canada;
The Canadian subsidiary
is the first to be established under the expansion program for licensing
foreign interests to, manufacture and distribute a . variety of products
Common Stock does not
initial quarterly dividend of 12'/2
slock, payable Dec. 28 to holders of
y
; -by. /. ■■•'■' ;■ /
company redeemed its entire preferred stock
declared
the
18.
A
Superheater Co. (of Del.)—Earnings—
William
have
share on
.
Sperti, Inc., Norwood, Ohio—Enters Canada—
tion
directors
per
par value
no
new
record
next,
in the amount of 3,385 shares
for
stock of the company
issue of 180 shares of second preferred stock.
of first
shares
the
of
called
20
Nov.
on
cents
■record Dec,
directors on Nov.
The
...
on
directors
-
15 declared a dividend of 50 cents per share
On Oct. 14, last, the
capital stock, payable Dec. 12 to holders of f/,
issue.
-V
A;'.:.;.:.;Ly
,.;V^;
;'/b
similar distribution was made on this issue; on,'./
Results for Nine Months Ended Sept. 30
July 20, this/year./A,
■ a A /AA 'A
- yA A <
r -,;b
^
-.Jh.o-y,';* .., 1944
1943
In June of
1944/ the old stock was exchanged on a three-to-ono
Net incomc„^AA*A^l:_--..Au--y„„._i_A:y^-_'.;'
$256,718
$204,004
basis; therefore, total payment in 1944 of $1 per share on the new
Earns, per sh. on 168,853 com. shs. outstdg
$1.49 ; ,$1.19
stock is equivalent to $3 per share on the old Stock, which received ?
—V. .160, p, 53.AA
$2.50 per share in 1943.-^V. 160, p. 1532..
160, p. 2189.
The
!
one
Stroock & Co., Inc.—50-Cent Dividend—
(S.)
(A. G.) Spalding & Bros., Inc.—To Retire Stock--
,
•
14 declared two dividends of 25 cents each on e
par $10,
The
11,36.9,687
Net
Corp.—Tenders Sought—
company;,
Interest will be paid to Dec, 20, 1944, on accepted bonds.- -V. 158,
payable Dec. 8 to holders of record
p. 1577.
"'/.b'y'
h
Nov, 24, and the other, a year-end distribution, on Jan. 30 to holders A
of record Jan. 16.
The only other payment made this year—also one ...
Tyson Bearing Corp.,. Massillon,, Oliio——Initial Divi¬
of 25
cents—was' on June 10.
Like amounts were paid in 1943 on
Jan. 22, June 10 and Dec. 14.—V. 159, p. 2124.
dend—Redeems Preferred Stock—Earnlings Rise— '
stock,
common
14,247,309
1,341,038
directors on Nov.
The
the
11,599,183 111,443,919 .101,881,852
7,473,927 68.107,727 64,417,301
2,527,492 28,985,668 23,217,242
Net income———
At.AVfA^'A
with offices at 444 Madison Ave., N. Y. C., will until
12 o'clock noon on Dec. 1, 1944. receive bids for the Sale to it of
Herald Square Building first mortgage leasehold sinking fund income
bonds; 'duo May 1, 1948.
Notices of acceptance or rejection will be
mailed on or before Dec. 31.
Offering should be made at,'a flat price.
The company has accumulated cash available for thq purchase of its
bonds and has deposited with The New York Trust Co., 100 Broadway,
New York, N, Y., as it? agent, the sum of $36,000, which may be used
insofar as practicable for the purchase, in said manner, of bonds at
prices satisfactory to the company.
The company reserves the right
to accept tenders requiring the disbursement of cash in excess of said
sum of $36,000 for future'sinking fund purposes, "and to deposit
the
necessary cash with The New York Trust Co.
f After all charges' and taxes.—V.
period,
1944—9 Mos.~
11,624,834
12,581.605
26,261
Subs.)—OctobertSales—
(&
1350 Broadway Realty
This
1944—9 Mos,—1943
$6,161,009
$5,654,593
*$3.48
TS3.23
$0.98
$0.91
.
.
1944—Month—1943
30—
■
,■
•
Subs.)—Earnings—
(&
1944—3 Mos.—1943
$1,656,102
$1,720,382
—_
share.
per
tBased
Period End. Sept.
Operating
$268,189
144,839
$258,083
25,450
At Net
Telephone Co.—Earnings—
Southwestern Bell
Operating
Operating
Sterling Drug:, Inc.
Period End.. Sept. 30—
oper. income—$19,700
Net income——
—
.
'.•> 6,869
Operating
$1,842,692 V $1,612,702
- 3,067,493
949,546
• 517,110
394,967
•
Net
y
»;
1944—Month—1943
1944—9 Mos.—1943
Period End. Sept. 30
provision for Federal income and excess profits taxes and
S ales
$1,885,910
$1,664,541 $16,611,126 $15,744,294
for post-war adjustments and contingencies (.These charges aggregated .
Period End. Oct. 31—
1944—Month—1943 ." 1944—10 Mos—1943
$9,439,075. for "the' nine months),
A-A'AAA-: A
Sales -,.;y:.,h^.,„r: $l,489,434' $1,811,643 $18,100,560 $17,555,937
Consolidated: net profit previously reported for the year ended Dec,
—V. 160, p. 2115.
■
;
'
1
'
■
■;
'■
'
31, .19.43 amounted to $1,582,152 or $1.09 per share of common stock •
,
$189,322
Co.,'"Inc., has been elected
for'; estimated, taxes
,•
and
outstanding, after provisions of $11,605,000 for estimated, taxes on and *
statutory renegotiation refund of income and $686,000 for contingencies
and post-War adjustments.—V. 160, p. 872.
>
.
1
$1,618,102
700
rev.
oper,
Telephone Co—Earnings—
1944—Month—1943
Sept. 30-
revenues-.—
Uncollectible
•President of Blair &
1902. .
tAfter
abandon
to
income
director.—V. 160, p.
a
quarter and $8,916,221 for the
and statutory renegotiation refund
quarter and $386,196 for the-nine months for contingencies and post-war adjustments.- - 7"'"!
//•//'
ninew'months
'd'./'-frV-j/-
Textron, Inc.—New Director—
John R. Montgomerv,
"After provision of $3,712,014 for the
•'
Railway—Abandonment Denied—
Southern
share—
per com.
1944—9 Mos.—1943 A
*$949,534 t$l,650,6.45 '■
$0.65
$1.13
1944—3 Mos.—1943
'*$.336,245
f$419,524
$0.23
$0.30
$3,081,204
"
231,164'
income
Depreciation A——
Taxes on income
prov, for
contingencies
229,212
12,056,200
'
•' v ; '.•
6,521,840
525,000
—
par),
-JA
$564,628
374,673
sh. of com.
stock outstanding —,
$1.85
Consol. net profit
.Cash
dividends
Earns,
.
$572,127
274,673
!
$694,448
274,673
•
$836,748
274,673
,$1.87
*
$2.28
$2, <4
tax, normal income tax and
exces^f profits' tax after deducting post-war refund
declared vp.lue excess profits
$437,915;
,
(
pet
"Includes
surtax,
^
Volume 160
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4337
said that this plan was fair, to public bondholders,
($282,595), $2,195,531. tlncludes dividend secured from unconsolidated
subsidiary amounting to $36,940.
$Inchidcs provision for renegotia¬
tion.
'
1
Sept. 30, 1944
Consolidated Balance Sheet,
siderably less than their face value.
.Concerning the bank creditors,
.,
credit refund,-$191,000).
ftvft
;i
and
1,887,000
>-,7
the period—ft-
for post-war; 'adjustments!-!-—.14*
orders.
and
continued
lulled
revenues
Operating
Fedcral taxes
79,167
$2,010,020
79,167
$663,356
$1,479,440
$1,930,853
$742,523
118,750
paid——
$431,990;
ret.
$1,147,944
512,803
121,386
—'
1,229,481
1,197,789.
90.913
1,087.628
49,375
$317,443
$361,400
$3,790,635
64,167
12,425
64,167
770,000
Miscell
*
.
income
Balance
.-
118,093
;
$146,947
$305,077
5,997
$151,052
$311,074.
surtax &
credit of
excess
6
34.1
excess
5,804
6.253
116,276
250,000
Crl0,059
Cr22,500
$39,025
normal &
$76,98).
$0.30
$0.60
profits tax„
profits taxes.-
1
"
Net profit
Earnings per share on stock—-.7—.^—..ft
Assets—Cash
hand
(on
Sheet,
and
in
Sept, 30,
bank),
1014
$207,146;
accounts receivable,
(less
reserve for bad debts, $60,213)* $321,678; inventories, $904,175;
insurance, $100,093; U. S. Treasury notes, $405,761; plant, prop¬
erty & equipment (less reserves $298,644), $815,859; prepaid expense*
& deferred charges, $16,303.; post-war refund of excess
profits taxes',
$215,344; total, $2,986,359.
; • • ; "
,
ft
'
lue
$4,148,970
770.000
7
147,477
115,759
-
$290,449
Liabilities—Accounts
payable: (regular), $99,079; accounts pay abb.
■(miscellaneous), $6,831; accrued taxes, miscellaneous, $32,766; miscel¬
Cr8,661
.
$2,873,158
laneous accruals,
$3,271,872
;
—
$240,856
$290,449
300,000'';
..
:ft
applicable to preferred stock.—__
237;
'ft-.---,;
$2,573,158
$1,125; Federal income and excess profits and Stato
$734,026; capital stock,, $137,000; capital surplus, $632,$1,375,918; stock held in treasury, Dr$32,624;
income taxes,
of
—
Dividends
734,61t»
4,104
Balance
49,633
.
.'
$240,856
reservations
net
.
6,784 '
constr.
income
.Net
1
,
mtge. bonds
to
!
$4,099^337
$3,741,260
charged
$1,157,787
141,039
operations—
1,095.377
634
share--;'ftftft-$0.32.
,
1,759,745
$360,766
Int.
• After
4,944;874
1,183.658
78,150
100,026
3,243
a
$0.46
- $1.06
$1.33
deducting $118,750 for; preferred stock quarterly dividend of
principal subsidiary in 1944 and. $79,167 in 1943, and all charges,
including provision for Federal income and; excess profits taxes,
tAfter
deducting $356,250 for fpreferied stock dividend of principal subsidiary
in 1944 and $79,167 in 1943, and ail charges, including provision for
Federal income ;and excess profits taxes.
fOn 1,400,560 shares.
Xote-—The provision for Federal income and excess profits taxes for
'the nine months ending Sept. 30, 1944, amounted to $5,849,290 and
•compares with %$5,246,697; for; the: corresponding
period of 1943.—
:
553,671
"U-L——------i--.-I-u.:—'ft,.
,P03t-war
$1,065,453 $13,206,425 $12,521,035
$314,205
on
Fed.
5,388.311
Other int. & deductions
1944—3 Mos.—1943
1944—9 Mos;—1943 ,
—*$445,598
*$638;988 t$M79,440 f$l,863,9l7
jEarn. per com.
$841,658
—
Charged to ineonre—.—X-l.-;——
Pennsylvania income taxes.-;
1944—12 Mos.—1943
435,598
approp.
1943
& allowances.
& returns
Other income
.Total
,
89,894
"
res.
oper.
Interest
'
Net profit—
Net profit from
,
109,656
—
__
Gross income
;
1944
Sept. 30—
Selling, Aclmin. & general expenses—
V
revenues.-
(& Subs.)—Earnings—
Period End. Sept,'30—
1344.
P.
,
'
Other income (net)-___
160, p. 1120.,
United Drug, Inc.
fibnvc,—V,
Witlson Products, Inc.—Earnings—
Tampering with the
sinking
.
1944—Mrmth—1943
taxes-
.
Prop.
Net
-ft-—-ft——
Balance
—V.
proposed at the present time to issue more than 35,00(>
new
preferred stock, the proceeds of which arc to bw
the 17,500 shares of 8ft preferred stock outstanding
the
3 Mos. Ended
the ••'circumvention, of.
alleged.—V. 160, p. 1903.
expenses
Other
$1,835,690
356,250
$550,740
taxes
Preferred divs,
Operating
shares of
retire
Other
1944—9 Mos.—1943
-1943
of
to
Gross sales, less disc.
Total cost of sales.
Washington Water Power Co, (& Subs.)—Earnings—
.
1944—3 Mos.*
.
activities,
and
of 75,000
issue
on
(R. II.) White Co., Boston-Proposed Sale-
statement that the banks had
into inaction,
to avoid
a
banks'
statement
approved
20
See William Filcne's Sons Co.,
•
the
not
and to reimburse the treasury of the company for cash expended in
the purchase of a controlling interest in Western
Grocers, Ltd.. of
"Winnipeg, and all the capital stock of Southern Biscuit Co., Inc., of
Richmond, Va.—V.' 160, p. 2191.
^
.
the
$0.86
Co.—Earnings-
period End. Sept. 30—'
Net profit after all chgs,
With
the
of
were
Period End, Sept. 30-
United Drug
that
forth
the .bondholders
financial
fund requirements
$525,599
estimated'net iVrofit.'.:r^.Ji~i.
Earnings per Class B share-—ft!—
—V. 160, p. 1234.
'ft ft-" '
set
was
,1
premature curtailment
corporation's
Balance of
It
.
The Commission
19.1,000
net profit for
sell
maneuvered
$716,599
Estimated
interests.
own
The SEC reported that Chase National' Bank, as trustee for the
bondholders, received $2,000,000 in cash from the corporate assets for
purchase and retirement of outstanding Warner Sugar bonds, 'The'
report went on to say that on this occasion Chase and the other banks,
as
investors, sold to Chase, as trustee, $1,031,000 of bonds at 98,
Without public disclosure; of all the facts by means of matched buy
$2,603,599
profits taxes
used
visions and engaged in persistent efforts',to impair and dilute the
mortgage security while at the same time assets of the company, which
might otherwise, have remained for bondholders,. were taken by the
banks.
'
;
^
■'
;
profits taxes
their
is
shares
banks,
despite their fiduciary.positions, repeatedly violated tfust.indenture pro¬
Results for 9 Months Ended Sept. 30, 1941
Proiit before prov.'for Federal inc.; and excess
Prov. for estimated Federal income.and excess
(less post-war
•'■
further
to
Liabilities— Accounts payable, $775,222; accrued expenses, $486,693;
renegotiation and. Federal taxeS on income (less Uft S, treasury tax
$641,092), $2,725,483; reserve for contingencies, $240,000; de¬
ferred income, $31,348; common stock (305,192 shares no par),* $1,220,•768; capitalsurplus, $1,014,373;
earned surplus,: $2,987,997;; total,
$9,481,884.—v. 160, p. 1234.
i
'-'ft'"".:
Estimated Operating
means con¬
to more than
Nov.
on
.preferred stock of $100.par value.
It
-
..
claims amount
whose
stockholders
4(2(0
$3,200,000, the SEC declared that substantial loss by the public bond¬
holders. resulted from the banks', useof, their control of the company
'notes
):United'Drill;and Tool Corp.—Earnings—
his bonds,, which
basis of actual amounts paid by him for
Assets—Cash, '$3,187,824; trade notes and accounts receivable (net),
$1,849,652;
inventories,
$1,579,929;! investments and other
assets,
$807,332; property, plant and -equipment (less reserves for depreciation
and amortization $138,497), $1,948,467; patents, $4; prepaid expenses,ft,
$108,475; total,. $9,481,884.
•
,,
4
*'
(George) Weston, Ltd.—Preferred Stock jApproved—
The
like those of the banks.
The Commission indicated that
Mr. Lowry should receive a share with public, bondholders; but on the
securities,
"
and
but not to Frank C.
Lowry and two of his companies, in, that it proposed subordinating his
.
Provision
2337
earned
surplus,
total, $2,986,359.—V.
160,
673.
p.
,
$3,271,872
622,518
622,518
$1,950,640
$2,649,354
Wisconsin Electric Power Co, —Earnings—
ft
;
V.
1120.
160, p.
ft;
ft-
f
:
'
.ft.ftft,
"
Balance
United Funds Management
Corp.—Distribution—
Earns.,
divs.,
int.,
Net
1944—9 Mos.—1943
$2,671,934
-2ft :
161,770
etc.
Expenses
ft-ftft—$2,510,164
earnings
discount, etc. —.ft;.,
Net
Divs.
income
preferred
.
t
has approved with¬
t'df reorganization of the corporation, sub¬
plan was approved by
ftftft-ft! ....ft;..'ft.;' ft ,
The Corporation has set Nov. 28 as the date for closing the sale
of its $100,000,000 first mortgage 3ft bonds to effect the reorganiza¬
tion.—V, 160) p. 2116.
ft;
ft ; "•■•■ft',''-':ft :'.' /ft";: J1'."
:
,
Net
$3,410,748
-"".ft".''
$2,217,635
$3,136,825
$3,168,253
1,701,547
1,701,547
2,268,729
2,268,729
311,104
ft
ft..
'
414,806
v<
v
Gross
operating expenses
Maintenance
Other
on
15,972,700
14,134,857
3,569,550
7,788,700
3,030,643
7,405,060
3,325,161
Federal taxes
3,544,973
i
Income
taxes
Amort,
deprec., retire. '
of property
:ft; ;ft...r
-
4,080,842
—
-
$453,290
•"After
—
for
Deductions
on
of record Dec. 1.
to holders
15
last,. $1.75 on Dec. 15, 1943, and $1.25 on June 15, 1943.
share in arrearsat' Dec. 1, after deducting the
just declared, will be $24.25 per Share.—V. 160, p. 473.
June 15,
(subs.)
'
3,960,383
10,013,002
:;■■
■
18,569,971
4,686,263
:/
;
dividend
Electric
Net
•:■■
■' s...■
Net
5,749,428
ft.ftft-.ft-
.
■
$35,693
.36,100
Gross operating revenue
Operating
,
;
expenses.—
t
*• Operating profit
$28,542
Penn
220,373
170,901
291,832
"vl'-iu-"
•-* ■"■
.'
6,298,073
8,394,329
Net
:
to
$6,077
72,427
.
$5,319,962
;' :"ft'!'.-'ft
44,456
"
—
.'••,'■•
47,791
net' profit for the
51,953
.
$26,551
$9,788
.ft-.'.'.."
$44,034
-ft'/.",,
■ v
.ft ft
;
55,238
*$11,254
•'■•'■'■ ■"'
elation
and
income
r
1336ft
Warner
excess
or
-
nine,
Sugar Corp.—SEC
-
Co. -ft—-'
206,152
21C, 150
■"'
$3,842,881
7.
$3,864,350
273,923
Net
;
ft-'
$5,046,039
..
that four creditor banks had violated their fiduciary
obligations was expressed in an advisory report filedi in Federal Court
Nov. 21 by the SEC, in connection with the reorganization of the
The
opinion
disapproval of a plan,;or reorganization
Quillinan, trustee; the SEC suggested that it- would
be unfair to.follow the plan in
permitting the Chase National Bank,
Corn Exchahge Bank, Bank of the Manhattan Co., and First National
Bank of Boston to-share in the corporation's assets, on an equal foot¬
ing with "innocent" public bondholders.
corporation.
.
The
in
Cuba,
.
Commission
•
•
•
;
-
limited,
•
;...
•
.
.
...
■
(
-
,
approval to -anothef. plan; submitted
by petitioning, creditors, but suggested that this might-to tuiifciiueuft ft
gave
$428,240
before spec.
■'
ft
."■'.
.
^
ft.,.", r'■
■
.
$3,813,593
$4,019,470
adjustment
993,251
800,805
1,232,446
1,014,624
income, including
special tax adjust.ice. p. 1026. ...
.vftv
„
$3,842,381
company
and the
$3,864,350
-.,-•:
$5,046,039
of
income—
.ft;/,,.
ft;'
■*;; •
;>;;
losses
Statement of Income, 9 Months Ehded Sept. 30,
3944
ft"
-
$3,050,615
well abandonmentsft—-
contingencies——
Capital assets sold or, abandoned—
Profit
Net
Total
Income
income
on
;
—
income-.
income
Ne't.
97,686
c^iTii^^n
div*
ft'
in
transportation
subsidiary.
.,'.ft
ft
cum viet
f«rc
1944—12 Mos.—1943
'
436,346
113,100
1,786,084
l,779A2ti
""6li5,100
1,507,600
ft' 255,900
,557,40»
647,5(Mf
16^800,
—■
,
.18,822
,31,882.
-"
'
57,42'J
>ftmu( .rft-
I
«■
$737,820
319,262
$2,800,184
•317,035
$327,973
277,865
$418,558
278,468
$1,417,755
.1,112,961
$l,66i,87^
$50,108
$140,090
$304,794
$546,60?
;•
*
.
charges
$2,893,61}>
"
$645,008
——
—
633,301*
$2, tig,302
$718,998
5,236
requiremts.—
Balance
:
1,382,429.
$2,951,04ii
1,289,1711
1,115,263
equivalent to the reductions in FederaL income
due t-o deductions arising from the payipenv
preferred stock dividend arrearages.. Such amounts were credited ft
of
are
profit-;
excess
earnecl
taxes,
surplu^.—V. 160, p. 1026.
'
'..•..'i-.vnu.
*
■
.
>
.
.
.
•
..
"
r
.
'
U°.—Three Dividends Declared—
Th'fe dii'bcM'S'Jbh
Nov:
-
2 declared
three
dividends
of
50
cents each
paya-lile 'DecHlft 1944,
Nov.
20,
cents
20
Jan.
Feb.
on
Feb. 1 and April 2 to stockholders of record
March 20, respectively.
A like amount wan
1, April ■ 1. June 1, Aug. 1 and Oct. 2. la<=t.
Pavand
were
each;
as
follows; Jan. 2,
25 cents; March
1
and
1; 25 cents, plus 25 cents extra;* and
1, 50 cents each.—V. 160, p. 1904.
June
1 and Dec.
Oct.
ft.--'*
' ;
k
.
-ft
May *1.
Aug, 2
'
.
•'
Yale & Towne Mfg. Co.—Special Dividend of 40 Cent*
36,983
fort FcdcrainexecpSI prof its.•».'
500.00U
ft 155,300 ft
-Net 'incomer-—-----
-
Pfd.
The directors on Nov. 21
share,
1942.
L,—^$0.84
necessary
-$4,195,47;(
$3,695,47?»
$639,772
deducts.—
Int. .& other
disbursed
17,000
——
Note—No -profViiisiohi considered
tax.-—V.. 160,
ay
r
42,5T)
.
$4,650,182
...
income
mentsin 1943
$273,561:
>
(net)—:
1.8,956
income—ft—-ft-!—!.—*,—--^.-ft/ '.$236,643-
Earnings pet.
'
500,000
—
Gross
declared a special dividend of 40 cents per
to", stockholders of record Dec. 4,
A specie!
was paid en Dec. 1, last
year, on Dec. 18,
Dec. 19, 1941,
payable Dec.
distribution
.;
•
$3,539,121 $14,239,462 (13,251,211
1,859,47$ " 7,397,576
6,739,96^
412,901
131,600
418,600
taxes-
'
Other
$290,626
deductions——ft
66,767
Co.—Earnings—
1,943,013
income!-—.,_17,064
Provision for taxes
3,467,14^
330,461'
330,463
1944—3 Mos.*—1943
income-—
oper.
13,506
—__ft_ft__-
ft—^
Non-operating
3,365,210
;,'•■
$3,545,885
profits -t-aX^•Charges in lieu of inc.
& excess profits tax-
50
■
3f,l
$4,150,183
'
Fed, oxcess
—
for
554,790
,500,000
investment
on
taxes
income
Federal
and
pperating
Provision
:
$8,035,65t«
$4,056,803
ft7
Operating revenues
Oper. expsi As deprec—
TaxeSi other than Fed.
ft These
ft-'-.
Cost of sales and services-—ftft
„ift—.
2,256,732
Selling, general and administrative-—176,351
Taxes, other than taxes on income!-51,691
Depreciation and depletion
;_•
ft--!-*--——, 162,132
Cancelled leases, dry hole cqsts, exploration costs and. costs
of
$7,480,8GP
"
yft-;.j-. >.<■■>» ri*:
.
;;
™
—
-
Olin
Wilcox Oil Co,—EarningSf4*J
•
$4,556,803
1121.
p.
3,417,018
330,463
80,162
——.
contingent
160,
income
tJnde'r the agreement Olin'Industries, Ipc., will issue 155,624' pre¬
hnd 2,130,300 common share's,' all' of which will be
exchanged for the outstanding stoCkehof-'the'-two merging concerns.^
v. 159. P. 116. ■■;.ft;1
ft-; *; •
- , ?;-..n(3S.r • .p
ft-;' ••; \vft
"ft
$8^412,622
(net)—^Jft-ft-ft-
Period End. Sept. 30—
;
ftft-v
$5,034,094
ferred • shares
Gross
466,513
$5,034,094
$3,063,545
tax
$7,946,109
■ ■•'•■ ■
.
Recommending
The report was filed for use by Judge Samuel Mandelbaum, who lias
supervised the case since the corporation began reorganization pro¬
ceedings on June .7,. 1940.
The concern operates-sugar producing" prop¬
of
Subsidiaries)
$8,384,447
income
*For
285,037
•
:ft^
Corp., both of East Alton, 111.; have
signed an, agreement of merger .and will .be consolidated under the
name Olin Industries, Inc., according to an announcement recently.
Stockholders of the Olin Corp. have approved the plan and those of
."JVesterri ^Cartridge Co. will meet on Dec, 11 to act upon it,
,'ft
submitted by F. J..
erties
i;
Western Cartridge Co.—Proposed Merger—
months .ended Sept., 30,
Hecommends1 Disapproval
56,201
:
credits
463,532
pfd. stks. of subs.;
on
deductions
Balance
..ft'---.
1944,
for depre-.
made foijf
profits taxes on above indicated earnings,—•;
ft.;-', ft;
of Plan—
Net
■":,■•
and is alter having made allowance
deplfetion .amounting to, $91,636.*
No provision
$58,766
post-war
(Including
ft
—
charges
Prov. for div.
$5,319,131
$2,849,630
Special
22,073
*$422
•
$78,504
$57,579.
$21,403
Federal
V. 160, p.
;
$67,987
ft
46,584
/'''"ft',,
Note—The
amounted
•
61,070
500,000
$7,920,915
revenues.
revenues
Gross income
..
Other
:
*
:
profit
•"Loss, *
*$3,491
".•-** *;
-.-ft:—^^ft',,.
■■•expenses
,
and
Statement
Income
8,391,189
$4,080,500
adjustment——,
The
68,194
Total profit——
:
Bond interest and other
...
500,000
._.ft
1943.
Wisconsin Power & Light
$21,651
23,700
operating
Interest
238,727
1941.
1942
retirement
debt
$368,380 for
Non-opera ting
579,682
766,848
:;ft'.--' '.■".'.ft
special tax adjust-
tax
V.
$29,777.
32,033
"".^$207;;-
Other income----^—
-.
ft
1943
subsidiary—;
:
341,682
(1302,045
income, including
Net income
Virginia Iron Coal &• Coke Co.-?-Earnirigs—
1944
and
"•Appropriation
,
3$fos, End. Sept. 30—
2,410,770
4,626,212
■
5,478,735
(ft
$4,049,033
—
ft-
Deductions—West
;
The' amount' "per
2,468,273
70,509
___
invest¬
on
Sept. 30—
1944
1943
1942 ft
operating revenues—___ $44,283,880 $41,662,396 $37,440,68f*
Operating expenses
:—-_
19,461,863
17,491,818
14,939,24(J
Taxes other than income taxes-_™
4,406,652
4,612,057
4,920,30;*
Prov. for est. inc. & exc. prof. tax.. ^ 7,939,560
7,003,124
5,975,867
Provision for depreciation——_1_4,554,891
4,609,287
4,124,39t»
$10,351,078 $10,378,573 $13,714,291 $13,710,320
Balance
.
dividend of $1.75 per'share on
dividend priority stock, payable
This compares with $1.25 paid
The directors on Nov. 16 declared a
transportation
deducting
1944
-V.
account of accumulations: on the $5.50
-J
$7,352,707
Total
$10,130,705 $10,207,672 $13,422,459 $13,471,593
—
Gross income
Utility Equities Corp.—Accumulated Dividend—;;
Dec.
charges
Consolidated
10,567,440
4,438,584
ac-
Operating income
Upson-Walton Co.—To Pay 20-Cent Dividend—
'
1,463,224
$7,088,325.
Net income ft-—ft-ft_ftft_ft—--ft—-ftft $4,049,543;'' $4,379,72}*
ft
"■■■'
.
share
for the fourth quarter of 1944, payab e Dec. 12 to holders of record
Dec.
1.
This compares with 10 cents each paid on June 15 and
Sept; 11, last,; and 20 .cents on March 15, 1944; and in each quarter
'during 1943.—V. "ICO, p. 87V ftft ft'ftftft■-.-..ft-"'.;ft<ftftftft..ft..
in
ment
$484,718
21,179,295
4,365,690
count adjustments ft-'618,925
months ended Sept. 30, 1944 and 1943.
', ■ft'ftft'ft; ft ,ftft'-ft:ft■
14 declared a dividend of 20 cents per
$5,889,483
1,368,122
12 Mos. Ended
Non-oper. income
Nov.
.
$5,720,203
deductions
Consolidated Income Account of Company and Subsidiaries
the "Chronicle of Nov. 20, 1944, are those
earnings shown in
.
,.
revenues^.—_
Appropriation for contingent losses
Period End. Sept. 30—
1944—9 Mos.—1943
1944—12 Mos.—-1943
Total oper, revenues-™ $45,486,583 $43,030,577 $60,539,624 $56,970,271
and depletion
Corp.—Earnings— ft::;:;
—.
.incomeft--_ft-_'-_v-ft--ft-ft-J---ft--
Net Interest
414,806
'ft'"
-
$204,984 ,;
$291,361
ft-.—.
revenues..——
non-operating
"
•
——
taxes
'
$2,304,012
—311,104
income
operating
Total,
"■
.'
-
285,037
common stocks
Prov. for
The directors on
$3,453,290
•
plan
-
The
$2,433,785
.
1943
1944
$33,699,179 $31,472,668
15,549,955
13,837,65ft
3,154,739
3,291,348
Federal normal and surtax—1,869,800
1,750,8(M^
•"Federal excess profits taxes
3,854,160
3,315,62(J
Btate taxps
601,500
567,200
Provision for depreciation_^-,-.-.U-(.-. ——ft,
2,948,821
2,820,578
other, than
Other
cl. A stock ($7
on
United States District Court at Wilmington
sidiary of Electric Power & Light' Corp,
The
SEC Sept. 8.
' "ft. ft;
.ft:-'1:
covering the nine and twelve
See • Y. 160, p. 2190.
_' ■ ; •;
Company Only
———
273,923
Stocks—.
cumulative)
United Gas Corp.—Plan Approved—
United Public Utilities
of
•
operating revenues—
Operating expenses
Taxes
cum.
Balance for class B &'
the
Sept. 30—
—
216,150
'
Divs.
.
,
$3,710,212
~
256,922
206,152
2ft-ftft--
Gre &7'.e
on
j':
1944—12 Mos.—1943
$2,593,521 f, $3,631,402
159,736
220,654
ft 'ft'
Interest, amort, of debt
•
modification
ftftl
Co.—Earnings—
.Income Account of Company Alone
Period End. Sept. 30—
;ruplcy petition, in September, 1942, and in doing so broke a contract
with the holders in regard (0 the cash surrender value of the certiflea tes.
The holders now contend that they are entitled not only
to (lie cash ■ • surrender value but also
to any surplus and interest
which" may be left after (lie cash .surrender values have been paid.
The holders previously had received a 65',« -distribution of their cash
'surrender values and no additional amount can be paid by the trustee
until the conflicting claims have been settled by the court.—(Wall
Street
Journal).—V. 154, p. 340.
ft' .tft'ft--ftft
The
Statement
Income
12 Mos. Ended
Total
Nearly $2,000,000 is being held by the.trustee of the Corporation,
an investment 'Company* of-Missouri, for distribution to 5,000 certifi¬
cate holders
in 40 states,
But until the U. S. District Court of
'Western'Missouri nries- on the -claims nothing can bo done. The funds
'are invested in prime securities; The firm filed a voluntary bank-
out
-
ft ft:
r
-
'
•
—v. 160. p. 1673.
West Penn Electric
,
''-
•.-^2-
and
of
on
like
The directors
per
p.
also* declared ithe usual quarterly dividend of 15 cents
Jan. 2'to stockholders of record Dec. 4.—V. 160,
share, payable
2230.
18
amount
THE COMMERCIAL &
2338
,
FINANCIAL CHRONICLE
\
.
'
,
•
.
Monday, November 27, 1944
.
'
■
■
■
'
'
'
BOND PROPOSALS AND NEGOTIATIONS
the taxable
ALABAMA
property in said school
1943 is $13,-
district for the year
per
Homewood, Ala.
826,670, and the amount of bonds
National previously issued and outstand¬
Bank of Birmingham, as sinking ing as of June 28, 1944, is $145,000.
fund agent and depository of the Lakewood School District includes
city,, will receive sealed tenders an area of approximately 11.83
of 3%-5% first series general re¬ square miles, and the estimated
funding bonds until noon (CWT) population of said school district
Tenders Wanted—First
annum
rials mature Oct. 1, as
;
Bonds called for redemption on
interest date beginning July
any
1, 1970
payment
of the principal amount thereof,
interest accrued upon the bond at
the rate prescribed therein, plus
an
on Dec. 21.
The bonds are dated is 6,840.
additional
' ' •;
payment of one
Jan. 1, 1938 and mature Jan. 1,
year's interest at the rate of 1%
Los
Angeles County, Clearwater
1968.'
per
annum
on
the
principal
/.;
■:
Elementary Sch. Dist. (P. O.
amount of the bond.
:
;
Los Angeles), Calif.
CALIFORNIA
and ending Jan.
1966
1,
shall be redeemed upon
•Bond Election—The issuance
construction bonds will
be submitted to the' voters at an
The city is said to be planning to election scheduled for Dec. 14, ac¬
issue
approximately $1,000,000 cording to report.
sewer system construction bonds.
Orange County, Laurel Elementary
California (State of)
Sch. Dist. (P. O. Santa Ana),
Calif.
India
Basin
Bonds Called —
Charles G. Johnson, State Treas¬
Bond Sale—The $10,000 build¬
urer, announces that $14,000 par
ing bonds offered Nov. 21—v. 160,
value
State of California India
p. 2233—were awarded to Andrew
Basin 4% bonds of $1,000 denom¬
W. Stewart & Co. of Pasadena, as
Contemplated—
Issuance
Bond
$250,000
the
V2%
principal
'
•
1955
1957
1958
310,000
320,000;,
330,000
city, Oct. 1, as
1911, and 214s, at a price of 100.25, a basis 1,
with the of about 2.237%. Dated July 1, redeemed upon payment of the
105.000
1946
provisions of Chapter 407 of the 1944 and due July 1, 1969.
principal amount thereof, and in¬
105,000
1947
Statutes
of California
of 1909,
terest accrued upon the bond at -105,000
1948
Redwood City, Calif.
bearing the serial numbers as set
the rate prescribed therein with¬
115,000
1949
out
hereinbelow, are called for
Bonds Voted—At
the general out
payment of any additional
115,000 -1950
redemption on Jan. 2, 1945, on election on Nov. 7 the voters fa- amount.
125,000
.1951
which date interest on such called vorecj by a wide margin the issu125,000
1952
All said bonds will be coupon
S?fi
UeaS4:7
97«
nn!'
ao9
'
Rm
'
'
'
rrrrn
619, 631, 778.
• ance of the S"8'000 Post-War
', Public Works bonds, according to
Robert W.
provisions of Chapter 407,
Statutes of California
of 1909,
Mead, City Manager.
The
of
bonds
by lot have been complied
The
bonds will
be re¬
with.
deemed
2,
Jan.
on
1945,
upon
presentation with all coupons, if
of), Conn.
Stamford (Town
California
State
Offering—Hugh Oefinger,
Note
will receive bids
the pur¬
discount
of
$600,000
Town Treasurer,
until noon on Nov, 28 for
at
chase
maturing subsequent to Jan. notes, dated Nov. 29, 1944 and due
June 15, 1945. Issued in anticipa¬
2, 1945, attached, to the Treasurer
of the State of California, Sacra¬ tion of taxes for 1944-1945 fiscal
'*
mento, California, or, at the op¬ yetir.
tion of the holder, at the National
FLORIDA
City Bank of New York, fiscal
Coral Gables, Fla.
agent of the State of California,
in the City of New York, State of
Bond Offering—H. B. Jackson,
New York, on or befoie Jan. 2,
Qjty clerk, will receive sealed
/
bids until 11 A.M. on Dec. 2 for
the purchase of $1,713,000 issue
Los Angeles County (P. O. Los
of 1944 refunding
bonds, dated
Angeles), Calif,
any,
Offering—J. F. Moroney,
Bond
County Clerk, will receive sealed
bids until 10 a. m. on Nov. 28 for
the
not to
5% interest bonds, as fol¬
exceed
$253,000
of
purchase
lows:
$250,000 Lynwood School District
bonds. Dated Nov.
1, 1944.
Due Nov. 1, as follows: $15,000 from 1946 to 1955, incl.,
and
$10,000 from 1956 to 1965,
incl,
,
3,000
Lakewood
bonds. Dated
School District
July 1, 1944. Due
July 1, 1960.
Bidder to
rate
for
single interest
name a
principal and in¬
County
terest will be made at the
Treasurer's:
for
check
for,
office.
of
3%
certified
A
each
issue
bid
payable to the order of the
Chairman of the Board of County
required.
Facts
regarding the two school districts:
Supervisors,
acting
under
the
is
School
Lynwood
been
as
laws
a
District has
school district
of
the
State
of
California continuously since May
The assessed valuation of
the taxable property in said school
district for the year 1944 is $9,9, 1878.
596,005 and the amount of bonds
previously issued and
standing. is
$157,000.
School
1967; $11,
000, 1968; $108,000, 1969; $102,000,
1970: $130,000, 1971; $150,000, 1972,
and $91,000 in 1973; and $515,000
3 V2 %
term bonds, * due July 1,
1979, redeemable prior to matur¬
ity at the option of the City of
Coral Gables on July 1, 1954 and
upon any interest payment date
thereafter upon payment of the
following
amounts,
depending
upon the time of redemption:
$119,000, 1966, $130,000,
Bonds called for redemption on
District
out¬
Lynwood
now
includes
an.area
of
approximately
4.45
square
miles, and the estimated popula¬
tion of said school district is 25,-
any
1,
1954 and ending
shall be redeemed
Jan. 1,
upon
1958
payment
principal amount thereof,
interest accrued upon the bond
of
the
at the rate
prescribed therein, plus
payment of
one
additional
an
year's interest at the rate of 2 Vz %
per
annum
on
the
principal
amount of the bond.
any
Bank
to
of
Florida
he .had
been
agreement with, bondhold¬
out an
whereby: the, city would con¬
ers
tinue to
pay
4% interest through
maturity of present issues but no
prinicpal which would be carried
an additional period at 2% %..
have agreed to valdidate
for
the
1
new
issues and handle the re¬
and at the same time a fund would-
be accumulated to retire the bonds
at
some
future date yet to be de¬
termined.
have
"We
..
war
a
tremendous post¬
and no funds avail¬
proceed with it without a
program
able to
big increase in tax millage, which
would be very
"The
said.
objeetionahle," he
extension
of our ma¬
would
make
available nearly $1,000,000,
which
civic
bond
turing
issues
could be dedicated to needed
the
during
improvements
City, 01* the
National Bank, Jackson¬
next
would
four years and no hardship
be created for taxpayers."
York
New
•
,
Development of the fund, it was
said, is not intended for the mas¬
ter sewer project, No. 1 post-war
'
Hillsborough County (P. O.
Tampa), Fla,
Fund
Would
Judgment
—
county has asked the State
The
Board
Administration for permission
of
to issue
a
.
refunding bonds to satisfy
judgment of $108,937 in connec¬
with paving certificates is¬
tion
sued
"
Miami
ago—v.
years
many
2233,
p.
160,
%./,%,%-V'
:
Port
Authority, Fla.
Allin,
posals for operation by the author¬
ity of two airport projects. Cost
of the facilities is
estimated at
over
$10,000,000 and the financing
accomplished through
would -be
the issuance of revenue bonds. In
connection with the
program,
pointed out that a bill
Congress calls for an
tion to pay the cost of
projects.
security and subject
conditions and provi¬
sions of law as were made applic¬
able at the time the bonded in¬
terms
as
to
to the same
debtedness
originally
bonds
the
the
of
—
Director of the au¬
thority, has submitted to members
a master plan which includes pro¬
C.
news
obligation of the bonded indebted¬
ness to be refunded, on the same
interest date beginning July
Petersburg,
refunded
Legality
incurred.
will
approved
be
was
of
it is
Savannah, Ga.
Bond
obligations is expected to
about Jan. 5, 1945,
Sale—The
$1,000,000
2%
ndustrial and domestic water sup¬
ply bonds offered Nov. 17—v. 160,
p.
2124—were awarded to a syn¬
composed of Trust- Co. of
dicate
Georgia, Atlanta; Harris. Trust, &
Savings Bank, Chicago, and the
Liberty National Bank & Trust
by, Co.,
be made on or
Savannah,
at
a
'price
School
been
District
has
of
108.137, a basis of about 1.459%.
Dated Now 1, 1944 and due $40,000
on
Nov.
inclusive.
1949 to 1973
1 from
Other bids:
Syndicate—
Rate Bid
underwrit¬
Ilalsey, Stuart & Co.,
> :
addition to Allen &
£ciuit£i-ble Securities
Co., New York, includes the fol¬
R. S. Dickson & Co., and
:
lowing: Commerce Union Bank;
F. W. Craigie & Cof„—,__108 .06
Leedy, Wheeler & Co.; Clyde C.
Northern Trust Co., Chicago,
Pierce Corp.; Robert Hawkins &
Braun, Bosworth & Co., Inc.,
Co., Inc.; Sullivan, Nelson & Goss,
R. W. Pressprich & Co.,
Inc.; Boland, Saffin & Co.; Breed
iti
Coffin & Burr, and
' >
&
Harrison,
Inc.;
Schoellkopf,
Illinois Co., Chicago
107 667
Hutton
&
Pomeroy, Inc.;
Fox,
Underwriters—The
ing group, in
pending in
Chase National Bank,
appropria¬ Reusch & Co.; Ames, Emerich &
New York,
one of the Co., Inc.; Mercantile Trust Co. of
Robinson-Humphrey Co.,
Baltimore; Municipal Bond & In¬
;:V
vestment
St.
be
to
Wood, Hoffman. King & Dawson,
of New York City, and delivery
Airport Program Considered
B.
these bonds re¬
and extends the contractual
Fla.
Campbell,
Yarnall &
Phelps & Coi,
Co.,;
Co.; Johnson, Lane, Space & Co.,
Inc.;
J. H.Hilsman & Co.,
Clement A. Evans & Co., and
McDougal
Varnedoe, Chisholm & Co. 107 .409
1, 1958 and ending Jan. 1, 1962
& Condon, Inc.: Miller, Kenower
shall be redeemed upon payment syndicate headed by Allen & Co.,
Smith, Barney & Co.,
New York, which recently pur¬ & Co.: Pohl & Co., Inc.: D. E. Ar~
of the principal amount thereof,
Phelps, Fenn & Co.,
y.. /;
chased $18,000,000 refunding bonds ries & Co,; Baynard Bros.; But¬
interest accrued upon the bond
Peoples National Bank,
'
on a bid of 98 for 2%s, a net in¬
cher & Sherrerd; M. B. Vick &
Charlottesville,
at the
Bonds Publicly
Offered
—
The
Commerce
Trust
Co.;
_
„
rate-prescribed
therein,
plus an additional payment of one
year's<'interest:at the rate of 2%
per
'.-annum '•" on
amount of
the
principal
the bond.
Bonds called for redemption on
interest date beginning July
and ending Jan. 1, 1966
terest. cost of about
p.
2233—made
of
the
bonds
2.86%—v. 160,
public
on
the
reoffering
following
$12,000,000 serial
non-callables maturing 1945-1979,
basis:
Of
those
due
the
from
1945-1961
were
Co.; Barcus, Kindred &
Bernheimer &
roll
&
Co.; R. S. Dickson
Inc.; Kalman & Co;,
&
Co.; Baum,
Co.; John B.'Car¬
& Co.;
Inc.; Leftwich
& Co.;
& Co., Inc.; Thomas
Ross; McDonald-Moore
Milhous, Martin &
McKnight, and
Courts & Co
Bankers Trust
'.
'
.
..
.
:
—107 279
Co., New York,
Merchantile-Commerce Bank,
& Trust
Co., St. Louis, \ Bacon, Stevenson & Co.,
Starkweather & Co., and
Wachovia Bank & Trust Co.,:.
priced to yield from 1% to 2.70%,
H. V. Sattley
and the remaining bonds were of¬
fered at a dollar price of from & Co.; Tripp & Co., Inc.; Glover
acting as a school district shap be redeemed upon payment
under the laws of the State of of the principal amount thereof, 100.50 to 100. The $6,000,000 term & MacGregor, Inc; The Weil, Roth
Winston-Salem
^-__107
California continuously since Jan. interest accrued upon the bond bonds, due Oct. 1, 1979, and call¬ & Irving Co.; D. B. Peck & Co.;
Chemical Bank & Trust Co.,
able at city's option from Oct. 1,
14,
1941, as Lakewood School at the rate
Simon J. Block & Son; r G. H,
New York,?'
prescribed therein,
1945, to Oct. 1, 1978, were offered
District, prior to that as Llewellyn
Crawford
Co.,
Inc.;
Juran
& Glore, Forgan &c Co.,
the group at par, to yield
School District since March 29. | plus an additional payment oj; qne by
B. J. Van Ingcn & Co.,
2.75%.
•
<
v>
Moody, and T. Nelson O'Rourke.1897.
The assessed valuation of year's interest at the rate of •lVz.%
Lakewood
.
as; a
program,
of
issuance
the
Bonds called for redemption on
any
610.
interest date beginning July
performance of the
be forfeited in the
said
Mayor
.
$3,000, 1954; $12,000, 1956;
$1,000, 1961; $40,000, 1962; $90,000,
1903: $87,000, 1964; $114,000, 1965;
the bonds of each issue,
and payment of
The
financing plan
through revenue certificates has
event such bid is accepted and the ville, at the option of the holder.
already been worked out for that
bidder fails to pay for the bonds Coupon bonds in $1,000 denoms.,
and
is now
being prepared by
awarded him. -v.
v
registerable as to principal and New York bond attorneys for sub¬
The approving opinion of Wood, interest or as to principal only,
mission at the next session of the
Hoffman, King & Dawson, of New
In connection with the financ¬ State Legislature.
York City, will be furnished the
ing, the underwriters state as fol¬
successful bidder.
GEORGIA 7
lows: The resolution providing for
and
bid
July 1, 1944, consisting of $1,198,000 serial 3s, maturing July 1, as
follows:
the
a
to
approximately
working on
the plan for; six
months and that he had worked
.
secure
Over
years *
more
available
make
180,000
1965
185,000
1966
-190,000; r 1967
195,000 > 1968
205.000
1969
210,000 , 1970
125,000
1953
220,000
1971
bonds, in the denomination of
125,000
1954
225,000 .' 1972
$1,000 each, shall be registerable
as to principal or as to both prin¬
140,000
1955
225.000
1973
.140,000
1956
235,000
1974
cipal and interest, and both prin¬
140,000
1957
245,000
1975
cipal and interest shall be pay¬
145,000
1958
255,000
1976
able
in
lawful
money ' of
the
United States at the Central Han¬
155,000
1959
255,000
1977
over
Bank & Trust Company in
160,000
1960
265,000
1978
the City of New York, N. Y. Each
165,000
1961
210,000 (not opbid must be accompanied by a
165,000
1962
tional) Oct. 1, '79
certified or cashier's check in ail
Principal and interest (A-O) on
amount not less than 2% of the the entire $18,000,000 bonds are
par value of the bonds bid for. payable at
the Chase National
to
extended
or
$1,000,000 for post-war projects.
,
the redemption of
India Basin
for
providing
CONNECTICUT
10
of
funding program for % %. of prin¬
cipal.'
:y
Under
the
plan,., the
Mayor
shown below: ?
pointed out,' there would be no
Amount Matur. increase in tax millage but the
$170,000
1963 debt service funds accruing would
175,000
1964 be diverted to post-war; projects
interest date beginning July Amount Matur.
1974 and thereafter shall bee $100,000
1945
accordance
in
.
the Board of
period
$6,000,000 term bonds of
1, 1979, are redeemable prior
maturity at the option of the
any
2,
Jan.
dated
ination,
issued
recent
a
Banks
The
to
At;
—
before' 1949be
1962
Oct.
redemption on
Bonds called for
1953
1956
year's interest at the rate of
on
1951
300,000
300,000
prescribed therein, plus
additional
payment of one
annum
1950
270,000
rate
per
1949
'yi.h
? confers
Representatives
receiveda 1' proposal from Mayor.,
Hixon that refunding of-$1,133,000 <
of •< municipal ■:•- bonds that mature :
ence
1979
1948
.280,000
290,000
principal amount thereof,
interest accrued upon the bond at
amount of the bond.
520,000
1954
the
an
510,000
1961
260,000
270,000
1947
;
Extension of Refunding; Period
v
Suggested
1978
1952
1970 and ending Jan.-1, 1974
shall be redeemed upon payment
the
1960
250,000 7
;
1946
■
1,
of
1959
1945
interest date beginning July
any
$340,000
1963
350,000; / 1964
360,0001
1965
370,0001
1966
380,000
1967
390,000 -1968
400,000
1969
1970
410,000
1971
420,000
1972
430,000
1973
450,000
1974
460,000
1975
470,000
1976
480,000
500,000 •rl977
$210,000.,;
•210,000 220,000
230,000':
230,000
240,000
240,000
redemption on
Bonds called for
of
r
follows':
Amount Matur.
Amount Matur.-
1
Arcadia, Calif.
Tampa,. Fla.
The $12,000,000 non-callable^ se- £
principal
the
on
amount of the bond,
1, ,1962
,029
: j
.
*
•Volume
2339
Number, 4337 "lC
160
W. H. Newbold's Son &
Commissioner, a u thori z i n g the
calling by lot for redemption on
KANSAS
of the new bonds are to be 15;
ance
Co/p
'
Scott,Harner & Mason,-and":i
paid by the purchaser.
v" '; ;
%%• : .> The city has agreed to adopt all
:
•
Lamed, Kan.
Jan, I, 1945, of an unnamed num¬
V ; Bonds Voted—It is stated
by
ber of refunding paving certifi¬
Bank, Atlanta.--.106.5ll ordinances and other measures Ruth
Converse,. City Clerk, that at
Harriman Ripley & Co., Inc.
I deemed .necessary by Chapman the Nov. 7 election the voters ap¬ cates, Issue of 1939, Series B. The
amount to be called will be de¬
& Cutler and to pass a bond ordi¬
Goldman, Sachs & Co., • V-.«
'
proved the issuance of the $70,000
termined at a later date.
Esta brook & Co., and
"
' - nance and deposit agreement. The airport bonds
by a count of 897
bond ordinance will be prepared
F. S. Moseley & Co.105.03
to 520.
She says that a meeting
Winnfield, La.
by Chapman & Cutler and pre¬ of the
Bond Sale—The $260,000 elec¬
City Council is scheduled
sented shortly, Aldermen were in¬
ILLINOIS
'. ■'»
for Dec. 5, at which time plans tric plant revenue bonds offered
formed.
will be made for marketing the Nov. 21 — „v. 160, p. 1787 — were
Chicago Sanitary District (P; O.
The bond house reserves the
awarded to a group composed of
bonds.
Chicago), III.
right to withdraw its offer on
Weil & Arnold; S'charff.& Jones,
Bonds Offered for Investment—
Marysville, Kan.
7-d^y notice if the bond market
both of New Orleans;
Barrow,
Public offering of $3,825,000 1%%
Bond Sale—The $50,000 airport
becomes unsettled.
:
Leary & Co., Shreveport; F. P.
refunding, series H, bonds was
bonds authorized at the Nov. 7
Mayor Galbraith explained that
Clark of Alexandria, and White,
made recently by the Chase Na¬
election have been sold to BeeCitizens and Southern
•
1
■'*:? National*
-
•
'
the
approval of the bonds by
Wood, Hoffman, King & Dawson,
of New York, whose approving
opinion will be furnished the pur¬
chaser without charge.
Enclose a
certified check for $100,000, pay¬
able
to
the
State Treasurer.
Wilkin
County Indep. School Dist.
No. 1 (P. O. Breckenridge), Minn.
Bond Offering—Helen Colbert,
District Clerk, will receive sealed
bids
until
11
a.m.
on
Dec.
5
for
,
'
tional
Bank
bonds
The
York.
New
of
due on Jan. 1, 1965, and
are
priced at 100 and accrued in¬
terest
Of the total offering $1,are
X, 1960,
275,000 are optional Jan.
and
are optional Jan.
The bonds are interestFederal in¬
$1,275,000
1, 1964.
exempt from present
come taxes.v..
Chicago), III.
Cook County (P. O.
Tenders Wanted
L,
Victor
—
Schlaeger, County Treasurer, will
'receive sealed tenders of series A
refunding bonds of 1936, until 11
a.m.
on
Nov. 27.
A sum of not
for the purchase
available
is
$100,000
than
'more
of such bonds.
Centennial Bridge Bonds to Be
—
Stifel,
of
offer
An
bond
drawn
as
ordinance
to
would
be:
so
permit the city, at an
appropriate time in the future, to
additional bridge bonds to from
finance construction of approaches $25,000 l%s, due $5,000 from 1950
to the bridge.
The city for more to 1954 inclusive. The bonds are
than
two
Denomina¬
years
has had under dated Nov. 15, 1944.
issue
consideration
streets
plan
a
to
improve
bridge by
.installing special lighting and by
providing more direct routes.
Mayor Galbraith said the re¬
funding plan during the years will
save between $750,006 and $450,000 in interest charges, depending
on
now
rapidly the new bonds
leading
,
are
offer
The
refunding
for
calls
4%.'
outstanding
of
bridge; revenue bonds at an inter¬
est rate of not to exceed 2.9%.
There is
ert
P.
a
possibility, Mayor Rob¬
Galbraith
said, of the
in¬
less.
The motion to accept the bond
firm's offer was made by Alder¬
man Russell H. Mahin of the Fifth
Ward after two bond men from
rate being
terest
even
"
other firms had
stated that in their
opinion the. proposal was an ex¬
cellent one for the city.
:Carl
Stutz, Secretary of the
White-Phillips
Daven¬
Co., Inc.,
port, stated the* Dubuque, Iowa,
bridge bonds recently /were re¬
funded at 2.92%.
He pointed out
Dubuque. Bridge
the
that
earn¬
ings are , about $260,000 a year
compared to less than $200,000 for
the Centennial Bridge.
The
amount of bonds refunded at Du-*
btique was $2,800,000, he said;.,
:iAnswering a suggestion of Al¬
I.
Charles
derman
Ward
Third
of
Knorr
bids be
that
the
adver¬
bonds,- Mr.
would
be 'foolish" in. view of the 2.9%.
tised dii the refunding
SUitz said he thought that
He said
offcr.
firm' was not
He point¬
his
interested in the bonds.
ed out that
Stifel, Nicolaus & Co.,
original
the
handled
Inc.,
issue
bond house
would be' put to tremendous ex¬
and
that'
pense
other
any
in* preparing new surveys
in selling the issue,
E. Geismar, Rock Island,
necessary
v.;Nat
affiliated
,
with
Chicago
a
bond
house, told the Council that if he
were an Alderman he would vote
the
"city
for
the
has
nothing to lose." He asserted
available today
proposition'/as
"certain money is
next
year," and advised prompt action.
that
may
Alderman
E.
W.
Of the Third Ward
self
as
available
be
not
Robinson, Jr.,
expressed him¬
being in favor of the plan,
declaring he always is for reduc¬
ing interest charges. He pointed
to the possibility of refunding the
bonds again in 10 years or so at
perhaps a still lower rate.
retired.
its
proposal, Stifel, Nicolaus
&
Co., Inc., agrees to purchase a
amount of the 25-year
refunding bonds to redeem and
sufficient
pay
all
which
is
the
mature
present
in
4%)
1964.
required to furnish
/
.
New
of
Or¬
the
first
10
months of
Bowling Green, Ky.
Sold—An issue of $396,Herbert Fallin. Included in these
1%% electric light and power expenditures is
$13,668,844.25 for
revenue refunding bonds has been
debt service and pension fund, the
sold to a group composed of J. J. balance
of
$36,135,394.09 repre¬
B. Hilliard & Sons, Blyth & Co.,
senting the total expended for
000
Stein
&
Bros.
$10,000 from 1963 to 1969 in¬
Bonds due Dec. 1, 1960
and
Baltimore, Md.
Ten Months' Operating Results
82.89% of the total appropriations,
according to City Budget Director
Bonds
1944. Denom.
$1,000. Due Dec. 1, as follows: $5,~
000 from 1947 to 1962 inclusive,
clusive.
this year Baltimore expended for
all
purposes
$49,804,238.34,
or
KENTUCKY
bonds. Dated Dec. 1,
and
'
MARYLAND
—During
■
2%s.
of $150,000 not to
interest
building
thereafter
are
callable
on
Dec.
1, 1959, or an any subsequent
interest date. Principal and inter¬
est (J-D) payable at place desig¬
nated by the purchaser. A certifed
check
for
$3,000, payable to
is
required. All bids must be uncon¬
ditional except as to legality and
the opinion of Dorsey, Colman,
Barker, Scott & Barber of Min¬
neapolis must be accepted by the
order of the District Treasurer,
successful bidder.
Almstedt operating purposes, or 79.61% of
Bros., all of Louisville; Equitable the operating appropriations. This
MISSISSIPPI
called for last night because the
Securities Corp., and Stranahan,
compares with 79.02%
for 1943,
new bonds must be issued before
McComb, Miss.
Harris & Co., both of Toledo, at a and
78.34% for 1942,
Dec. 31 or the plan could not be
Bond Sale—A group composed
price of 101.50. Due from 1955 to
Revenue collections during the
put in effect for another year. 196*2 inclusive.
of M. A. Saunders & Co., Mem¬
(An equal amount first
10
months
of
thi£
year
Joseph D. Murphy, President of of
previously issued electric light amounted to $58,677,217.47,; com¬ phis; White, Hattier & Sanford,
Stifel, Nicolaus & Co., Inc., point¬ revenue bonds have been called
and Scharff & Jones, both of New
pared with $55,886,298.61 for the
ed out in a communication to the
Orleans, was recently awarded an
for payment on Dec. 1.—V. 160, same
period of 1943, and $53,599,Council that the city's right to
issue of $300,000 school construc¬
p. 2012).
568.72 for 1942.
y;;VVy;y;;'^
refund the bridge bonds was up¬
tion bonds at a price of 100.077,
held by the Supreme Court in a
Danville, Ky.
a net interest cost of about 2.17%,
meeting
Boyce,
was
bonds,
The city
an
approv¬
ing opinion from Chapman & Cut¬
%%."/;
Offered—Bids
were
MICHIGAN
re¬
the
bonds
to
bear 4%
interest to
Jan.
Ferndale, Mich.
by James H. Letcher, City Clerk,
,
;%/' years.
v,v.'tV:
''■
■,
;;
Warsaw, Ind.
■
Bond
Offering—Earl T. Foster,
Bond
-Leitchfield, Ky.
Sale Details—The
Hopkins, Minn.
Bond Election—The issuance of
$50,000
Bank¬
bonds
water
will
tank
be
construction
submitted
to
the
Meridian, Miss.
1
Bond
Issue
Details—The
$147,-
000 2*4% refunding bonds
of 1944
recently purchased by an account
sealed bids until 7:30 p.m. (CWT)
both of Louisville, were associated Dec. 5, it is reported.
composed of George T., Carter of
on Dec. 6 for the purchase of $18,with
Stein
Bros,
&
Boyce
of
Meridian, and the Union Planters
000 not' to exceed
4% " interest
Koochiching County Independent
National Bank & Trust Co., Mem¬
Louisville, in the recent purchase
School District No. 4 (P. O.
building' bonds.
Dated Aug. 10,
of $71,000 2%% and 3% revenue
phis, as previously noted in v. 160,
1944,
Interest J-J.
Due $1,500
International Falls), Minn.
water works; and school building
Bond Election—The voters will p. 2125, we learn that the bonds
July 1, 1945, and Jan. and July 1,
are in the denomination of $1,000,
bonds, report of which appeared
1946, to Jan. 1, 1951. Rate of in¬
pass on the issuance of $175,000
in v. 160, p. 2124.
and mature May 1, as follows:
%
v - y
terest to be irr multiples of % of212% high school addition bonds
$8,000 in 1947, $9,000 In 1948, $10,at
an
election
scheduled
1% and not* more than one rate
for
Marion, Ky.
000 in 1949 to 1954, and $14,000 in
shall be named by each bidder.
Bonds Offered for Investment— Nov.
28,:yy.;%y';y;: K'.:;;
.;.y. 1955 to 1959. Said bonds consti¬
Said bonds will be awarded to the Stein Bros. & Boyce of Louisville,
Minnesota (State of)
tute
valid
and
legally binding
highest qualified bidder who has are offering the $30,000 2%%
Bond Offering—Sealed bids will general
obligations of the city,
submitted his bid in accordance school building revenue bonds re¬
be received until 11 a.m. on Dec. payable/both as to principal arid
with the notice of sale.
The bid cently purchased by them—v. 160,
12, by Richard W. Bassett, Con¬ interest, from ad valorem taxes
which offers the lowest net inter¬ p. 2124—for public subscription.
servator of Rural. Credit, for the ; which
may
be levied, without
est cost to the city, to be deter¬ Coupon bonds in denominations of
purchase of $4,903,000 coupon or limit as to rate or amount, upon
mined by computing the total in¬ $500 and $1,000 each.
Dated Nov.
registered Rural Credit bonds. De¬ all taxable property within the
terest on alFof the bonds to their 15, 1944.
Interest payable (M-N nomination
$1,000. Dated Dec. 15, territorial limits of the city.
maturities and deducting there¬ 15), Due Nov. 1, as follows: $1,500
1944.
Due on June 15, 1954. Each
from the premium bid, if any, will in 1945 and 1946', $2,000 in 1947,
Meridian Separate Sch. Dist., Miss.
bidder must state one rate of in¬
be regarded as the highest and $1,500 in
/
Bonds Issue Details—The $41,1948, $2,000 in 1949 to terest to be borne by the
bonds;
000 2*4% refunding bonds of 1944
best; bid. No bid for less than par 1954, $2,500 in 1955, $2,000 in 1956,
the rate to be stipulated in any
and accrued interest.
Said bonds $2,500 in 1957 and 1958, and $2,recently purchased by George T.
multiple of 14 or l/10th of 1%.
are being issued for the purpose of
000 in 1959. Subject to prior re¬
Carter of Meridian, and the Union
The bonds will be awarded to the
Planters National Bank & Trust
procuring funds to be furnished to demption only in inverse numerir
bidder offering the lowest inter¬
the School City of Warsaw lor the cal order on any interest due date
Co., Memphis, in joint account, as
est rate, and in the event two or
purchase from the State of a upon 30 days' published notice at
previously noted in v. 160, p. 2125,
more bidders
stipulate the same
we
learn that the bonds are in
building known as the Armory. the face value, plus accrued in¬
lowest rate of interest, the amount
Said bonds are the direct obliga¬ terest, plus a premium equal to
the denomination of $1,000, and
of premium
will determine the
tion of the city, payable out of 3% of the face value, if the stated
mature May 1, as "follows:
$3,000
award.
No bids for less than all
unlimited ad valorem taxes to be date of redemption is on or before
ill 1947 to 1957, and $4,000 in 1958
of said issue, or offering less than
levied and collected on all of the May 15, 1949, and on the same
and 1959.
Said bonds constitute
par ancl accrued interest to the
taxable property in the city.
valid and legally binding general
En¬ terms thereafter, with the excep¬
date of delivery will be accepted.
close a certified check for $500, tion that the premium shall be
obligations of the district, payable,
These bonds will be issued pursu¬
both as to principal and interest,
2% if the stated; date of redemp¬
payable to the city.
'
; 1
ant
to
authority
contained
in
tion is .on or before May 15, 1954,
from ad valorem taxes which may
Chapter 225, Laws 1923, as amend¬
IOWA
and 1% if the stated date of re¬
be levied, without limit as to rate
ed by Chapter 270, Laws 1925, as
or amount, upon all taxable prop¬
demption is thereafter. Principal amended
Emmetsburg, Iowa
by Section 4, Chapter
and interest payable .at the City
erty within the territorial limits
Bonds
Voted—At
an
election
429, Laws 1933,. as . amended . by
of the district.
held on Nov. 14 the voters ap¬ Treasurer's office.
Section 1, Chapter 298 Laws 1935,
proved the issuance of $30,000
as amended by Chapter 469, Laws
^
LOUISIANA
MISSOURI
airport acquirement bonds by a
1937, for the purpose of; providing
City Clerk-Treasurer, will receive
ers
Bond Co.. and Almstedt Bros.,
voters at an election scheduled for
.
,
,
wide
margin,
City Clerk.
Fort
Bonds
according
to
the
bonds
Dodge, Iowa
Voted —The
voters
ap¬
Sale
The
jail
offered Nov, 21—v. 160, p.
—
$60,000
1908—were awarded to Scharff &
Jones
of New
proved the issuance of $17,000
swimming pool bonds at the gen¬
100.021,
eral election
about 1.5478%. Dated Dec.
by
wide margin.
a
Perry, Iowa
Bonds
$50,000
Voted
—
bonds was ap¬
proved by a wide margin at the
general election on Nov. 7, ac¬
•
a
Orleans, at a price
net interest cost
of
1, 1944
and due in 20 years.
New
The issuance of
airport
money
y Lake Charles, La.
Bond
Chicago, legal firm which
specialized.in bond decisions. All-j
expenses in connection-with issu¬ cording to report.
ler,
Bonds
ceived until 7:30 p.m. on Nov. 24,
1, 1946, and 2% thereafter to
Certificates Purchased — Jay F. maturity. The bonds will be dated
for the purchase of two issues of
Gibbs, City Manager, reports pur¬ Jan. J, 1945, and mature July 1,
clared war and the bond market refunding bonds, divided as fol¬ chase by tenders on Nov. 13, of as follows:
$6,000 in 1945, $12,000
was
unsettled.
lows:;vy/'.'-^
$8,136.25 series G certificates, at in 1946 to 1948, $13,000 in 1949 to
an
average price of 99.156,
and 1951, $14,000 in 1952 and 1953,
$47,000 1%% and 2% sewer rev¬
Springfield School District, III.
enue. refunding
bonds.
Due $3,206.37 series D certificates, at $15,000 in 1954 to 1956, $16,000 in
: f Bonds Voted—An issue of $366,an average price of 99.842.
1957 and 1958, $18,000 in 1959 and
serially in 15 years.
000 'stadium
and
athletic: field
52,000 IV>% and 1%% water¬
I960, $19,000 in 1961 and 1962, and
bonds was approved at the Nov. 7
MINNESOTA
works ; revenue
refunding
$20,000 in 1963 and 1964. Interest
election.
'
■*.
J-J.
bonds,. Due
serially
in
10
INDIANA
'
In
as
purchase
exceed
2%
.
lows:
$2,376,000
tion $1,000.
the
to
Louis and
Chicago investment house, to re¬
fund the Centennial Bridge bonds
at a lower interest rate,- cutting
interest
charges
an
estimated
$30,000 annually, was unanimously
approved by the City. Council at test case about three years ago
a
special meeting, according to when refunding was first pro¬
the Rock Island "Argus" of Nov.
posed.
The plan fell through at
9, which continued in part as fol¬ that time because the nation de¬
Nicolaus & Co., Inc., St.
Cole & Co. of Topeka, as
leans,
$25,000 Is, due $5,000
1945 to 1949 inclusive, and
Sanford
&
Hattier
croft,
follows:
He said the special
Rock Island, III.
Refunded
the
the
Certificate Call Contemplated-r
cently
before
was
introduced
the
for paying valid principal
interest
obligations
re¬
Commission
Council by Jesse S. Cave, Finance
of
the
State issued by the Department of
Rural
Credit.
The full
credit of the State
the
faith
and
pledged for
prompt payment of principal
and interest
on
are
such bonds.
Prin¬
Overland, Mo.
Bonds Defeated—At
on
Nov.
office,
or
at the
fiscal agency of the State in New
York City or in St Paul.
The
14
$120,000
the
public
an
election
proposal to issue
park
bonds
was
defeated.
St.
Joseph
St.
cipal and interest payable at the
State Treasurer's
Orleans, La.
An ordinance
and
Bond
Sch.
Dist.
(P.
O.
Joseph), Mo.
Offering—Sealed bids will
be received until 7:30 p.m. on
Dec.
12,. by R. V. Blonfield, Secretary
printed bonds will be furnished of the Board of Education, for the
without cost to the successful bid¬ purchase of $60,000 coupon re¬
der.
All bids are to be subject to funding
bonds.
Denom. $1,000.
THE
2340
COMMERCIAL & FINANCIAL
;
CHRONICLE
NEW MEXICO
name
one
rate of interest in a
Not 14
multiple of one-quarter of 1%. i:'v "
Tucumcari,N. M. f ' V '
(P. O, Shelby), Mont.
i Bond Call—All 2%% and' 3%
Bond Offering—Sealed bids wffij?rmcipal imd interest (M-N>pay..
able at the First National Bank, light and power " revenue bonds
be received until 8 p.m. on Dec. of
Boston, or, at holder's option, at
Toole
1/1945. Due on Feb.
1, 1965.
Bidders are to state in
their bids a single rale of interest
which all the bonds are to bear
Dated Feb.
County Sch. Dist.
(
presently outstanding have been
The called for payment on Dec. 15,
Monday, November 27, 1944
Commissioners
and
Executive/
Staff of Rhe Port Authority
at a
luncheon on-Nov. 18.'-As a tribute •
lo his "courageous and unselfish)
service - -as- a - Commissioner,"
.
Chairman Ferguson
present- •
multiple of % of 21, by J. D. Annis, District Clerk, the City Treasurer's office.
ed with a silver- medallion exe-«
1% and prust state the price of¬ for the purchase of $26,000 re¬ bonds are unlimited tax obliga¬
1944, at the United States National cuted by the noted sculptor; Julio '!
fered without qualification.
The funding bonds.; Interest rate is tions of the city and the approving Bank, Denver, at a price of 103
Kilenyi.
...
,7 *,/. /
7, /'
bonds will bear the lowest rate of not to exceed 6%, payable J-D. legal opinion of Storey,, Thorn- and accrued interest,
j Austin J. Tobin, Executive Di¬
interest stated by any bidder in a Dated Dec. 31, 1944. Amortization dike,. Palmer & Dodge of Boston
rector of; the bi-State organiza-;
bonds will be the first choice and will be furnished. the successful %
NEW YORK
duly accepted bid and will be
tion, described Mr. Ferguson's ca¬
A/.7
awarded to the bidder stating the serial bonds will be the second bidder. /'
Hempstead Union Free Sch. Dist. reer as- "the history of the Port
If
lowest rate.
If two or more bid¬ choice- of the School Board.
of
NewYorkv Authority,"
I No. 9 (P. O. Freeport), N. Y.
and
ders offer to take the bonds at the amortization bonds are sold and f;.7;;,77A;/NEW JERSEY
termed his 20 years of service "a •
/ Bond Sale—The $90,000 school
issued, the entire. issue may be
Atlantic City, N. J.
same lowest rate, the bonds will
7 \7
record of the magnificent achieve- :
site bonds offered Nov. 21—v. 160,
be awarded to the bidder paying put into a single bond or divided
ments" of /the agency, and "an:
To Retire Unexchanged Bonds—
p. 2125—were awarded to Francis
the higest price. Principal and in- ] into several bonds, as the' Board The city has announced that it
contribution to 1 the; •
I. duPont & Co., New York, as outstanding
may determine upon at the time
terest payable at the Guaranty'
' '
----.
^
welfare of the States of New Jerwill call for, payment at par and
iy4s, at a price of 100.318, a basis
of sale, both principal and inter¬
Trust Co., New York. No bid will
accrued interest all of the unex¬ of about 1.214%.
Dated Nov. 1, scy and New York." He stated
est to be paid in semi-annual in¬
be accepted for less than the en¬
changed general and water bonds 1944, and due $5,000 on Nov. 1 that when Mr. Ferguson was first
stallments during' a period of ten
tire amount or at less than the
of the 1936 issues.
This calling of from 1945 to 1962 inclusive. Among appointed a Commissioner in 1924, ',
years from date of issue. If serial
the old bonds will thus complete other
par value of the bonds or unless
bids were the following: the Port of New York Authority
bonds are issue and sold, they will
was
accompanied
by a
Treasurer's
the
1944
refunding
opera tion
"only, three years old, and'
(for 1.30s) Halsey, Stuart & Co.,
be in the amount of $2,600 and the
check for $2,500 payable to the
little, more than a constructive
which was worked out jointly by
100.199; (for 1.40s) Harris Trust
sum of $2,600 will be payable Dec.
district.
Said amount shall be
Stifei, Nicolaus & Co., of St. Louis & Savings "Bank, 100.777; First idea/; Today,it owns and operates'
considered as liquidated damages 31, .1945, and the sum of $2,600 and Chicago, and Wainright, Ram¬
worth
of
worldof Michigan Corp., 100.52/ Free- $250,000,000
will be payable on the same day
famed terminal and transportation <
to the district and forfeited as
sey and Lancaster/municipal con¬
port Bank/Freeport, 100.34; H. L.
each year thereafter until all of
such in the event the accepted
sultants of New York.
facilities, and takes a leading part
Alien & Co., and Minsch, Monell
such bonds are paid.
The bonds
in
the promotion and
Under the terms of the refund¬
bidder fails on or before Jan. 31,
develop-7
& Co., jointly/ 100.22;
(for IV2S)
whether
amortization or serial
meat of the commerce and wel¬
1945, to pa"y the amount of said
ing agreement the bankers have Commerce Union Bank, Nashville;
will be redeemable in full five underwritten all new bonds not
fare of the New Jersey-New York ,
bid to the;district or deposit with
C. F. Childs & Co., and Sherwood
The taken in exchange for the old. The 6
Port District."
such depositary for and as di¬ years after date of issue.
Co., jointly, 100.529; First Na¬
The Executive Director recalled
rected by the Board of Education. bonds will be sold for not less refunding operation will save the tional Bank & Trust Co., Freeport,
than par value and accrued in¬ city a minimum of $3,350,000 in
that during the 20-year period of
It is the intention of the Board
100.155;
(for 1.60s)
Newburger,
Mr. Ferguson's service,, the or¬
of
Education
to
require
the terest. Enclose a certified check interest charges over the life of Loeb & Co., 100.527.
ganization had grown to such an
amount of the bid to be deposited for $500, payable to the District the new bonds. / •
;
7
New York City Housing Authority, extent that, its operating expenses
v/U'/ 77 V" /
with the Guaranty Trust Co., New Clerk. ;
/V:'7'7"'*;;', Fort Lee, N. J.
%:%;-■%////■/: N.Y.
.77;%.;,%
had
increased from $200000
in
York, where this issue of bonds Wheatland County Sch. Dist. No. 16
Seeks Tenders of Interest War¬
Bond
Sale
The.
$1,1.15000 1924 to an estimated $4,500000 for
will be delivered and funded is¬
(PyO. Harlowton), Mont.
rants—The Board of Liquidation Vladeck City Housing refunding this
year.
He said that 20 years
sue will be taken up.
The bonds
Bond Offering—Sealed bids will for
the
borough, 1011 Palisade bonds of 1944 offered Nov. 20—
ago the Port Authority's income
will be printed at the cost of the;
be received until 7:30 p.m. on. Dec. Avenue,
Fort Lee, will receive v. 160, p. 2125—were awarded to was derived from appropriations 7
district and before being deliv¬
12, by Alma Jacobs, District Clerk, sealed tenders of interest funding R.
W.
Pressprich &
Co., and by the New Jersey and New York
ered, will be certified by the State for
the
purchase of $40,126.35 warrants of the borough until 3
Phelps, Fenn & Co., both of New Legislatures, while now it is en-7
Auditor. The district operates un¬ School refunding bonds.
Amorti¬ p.m. on Dec. 15. A sum of about York City, jointly, at a price of
tirely
self-supporting
and
re¬
der the education
laws of the zation bonds will be the first
$20,000 is available for purchase par, a net interest cost of about nowned as a unique pay-as-youState and the bond issue is au~; choice and serial bonds will be the
of warrants at lowest prices.
1.7782%, as follows; $223000 ma¬ go agency.
During Mr. Fergu¬
thorized under Article 4, Chapter second choice of the School Board.
turing Feb. 1, $32000 in 1945, $34,- son's service, the Port Authority
Hoboken, N. J.
16, and Article 18, Chapter 72, If the amortization bonds are sold
000 in 1946, $36000 in 1947, $38,- has issued about $450,000000 par
K. S., Missouri, 1939.
The bonds and issued, the entire issue may
Bond Call—City Clerk Arthur
000 in 1948, $40000 in 1949, $43,- value in bonds.
Of this amount,
will be valid and legally binding be
put into one single bond or di¬ C. Malone announces that pur¬ 000 in 1950, as 6s; $186000 matur¬
approximately $50,000,000 was re¬
obligations of the district and all vided into several bonds, as the suant to provisions contained in
ing Feb7 1, $45,000 in 1951, $46,- tired from income, while about
the taxable property Within will said Board of Trustees may deter¬ the bond, the city has elected to
000 in 1952/$47,000 in 1953, $48,- $200000000 par value represents
be subject to a levy of ad valorem
mine upon at the time of sale, both redeem 011 Jan. 1, 1945, each and
000 in 1954, as 2s; and $706000 refunding operations.
The pres¬
taxes to pay the bonds and inter¬ principal and interest to be pay¬ all its bonds designated "Refund¬
maturing Feb. 1, $48,000 in 1955, ent
outstanding debt
is $180,est thereon without limitation of able
in
semi-annual instalment ing Bonds, Series II," 3%%, dated
$49,000 in 1956, $50,000 in 1957, 000,000.
v
:
7 ,7/ V'7
rate or amount.
L
/;■/
during a period of 14 years from May 1, 1940, maturing, July 1, $51,000 in 1958 and 1959, $52,000
Commenting on the fact that
the date of issue.
IfV^erial bonds 1957/ 1958 or 1959. / 07 »•<♦[/A'".: in I960, $53,000 in 1961, $54,000 Chairman Ferguson has served
MONTANA >'7^;%/%', are issued and sold they will be in
Said bonds will be redeemed at in
.1962, $55,000 in 1963 and 1964, the Port Authority without com¬
the amount of $1,000 each, except the principal amount thereof and
$56,000 in 1965, $57,000 in 1966, pensation, Executive Director To¬
Harlowton, Mont.
interest to
redemption
Ihe first bond which will be in accrued
$58,000 in 1967, and $17,000 in bin at the same time paid high
Bonds Voted
At an election
the amount of $1,126.35; the sum date, but without premium, upon
tribute
to the
entire Board of
1968/as lV2s.
held recently the voters are said of
$3,000 of the said serial bonds presentation and surrender (with
Commissioners
when
he
said:
to have approved the issuance of will become payable on the first all
Niagara Falls, N.Y„
coupons
thereto appertain¬
"The success of the Port Author¬
bonds, in. connection with a reser¬ day of. December, 1945, and the ing maturing on or after said
Bond Sale—The $67000 series
ity is due largely to the extraor¬
voir
and
well project
to cost sum of $3,000 will become paya¬ date) at the City Treasurer's of¬ of 1944 street improvement bonds
dinary efforts of its Commission¬
about $22,000.
/ 77
ble on the same day each year, fice, or at the Bank of New York, offered Nov. 20—v. 160/p. 2237—
ers. This honorary service of dis¬
thereafter until all of such bonds New York City. Any of said bonds were awarded to the Power City tinguished citizens has as its only
Park County High Sch. Dist. No. 1 are
paid. The said bonds, Whether that shall .at the time be regis¬ Trust Co. of. Niagara Falls, as reward the satisfaction that comes
(P. O. Livingston), Mont.
amortization or serial bonds, will tered should be accompanied by 0.90s, at a price of 100.104, a basis
of accomplishment for the com¬
Bond Offering—Sealed bids will bear date of Dec. 1/1944, and will duly
executed
assignments or of about 0.87%. Dated Dec. 1, munity."'/'
'7./. 7 /' 7 7'
be received until 2 p.m. on Dec. 15, bear interest at a rate not exceed¬ transfer powers in blank.
Inter¬ 1944, and clue June 1, as follows:
Mi*. Tobin said that it was not
by. Hilf'red B. Patterson, District ing
est ceases on date called.
3.2%
per■ annum,
payable
$9,000 in 1945; $11,000 from 1946 only Mr. Ferguson's
"financial
to 1948 inclusive, and $5000 from
Clerk, for the purchase of $117,- semi-annually on the first day of
genius," but his "honesty, integ-.
Mat a wan, N. J.
181.56 refunding bonds.
1949 to
1953 inclusive.
Second
Interest June and the first day of Decem¬
rity, vision and leadership" which
rate is not to exceed 1%%, pay¬ ber in each year, and will be re¬
Bond Offering Expected —Two high bid of 100.09 for 0.90s was
had proven of inestimable valuer
able J-D.
Dated Dec. 15, 1944. deemable in full on any interest bond issues, one for $12,000 for made by Lee Higginson Corp. of
in the building of the Port of NewAmortization bonds will be the payment
date from and after the water department, and the New York City.
York Authority:
"During his/ 20first choice and serial bonds will seven years from the date of is¬ other for $6,000 for the fire com¬
years of devoted service, the Port
North Hempstead, Gt. Neck Sewer
be the second choice of the School sue,
The/said bonds will be sold mittee, will be advertised by the
.Authority constructed the three
Board.
If amortization bonds are for not less than their par value borougn very shortly, according to 7 Dist. (P. O. Manhasset), N. Y.
great bridges which connect StatBond Offering — Hartford N;
sold and issued, the entire issue with accrued interest,,,and all bid¬ the
Long
Branch "Record" of
en
Island and New Jersey.
It
ders must state the lowest rate of Nov. 15.
One issue will take care Gunn, Town Supervisor, will re¬ built, .the
may be put into a single bond or
George
Washington
divided into Several bonds, as the interest at which they will pur¬ of notes for drilling of a new well ceive sealed bids until 10.30 a.m.
Bridge and the Lincoln Tunnel,
Board may determine upon at the chase
the
bonds
at
par.
The at the water works, the second for (EWT) on Nov. 28 for the pur¬
and;acquired the Holland Tunnel.;
/time of sale, •.both principal and
Board of Trustees reserves the the purchase of a new fire ap¬ chase of $50,000 not to exceed 5%
Last spring it took over., the G6-:
interest to be.paid in semi-annual right to reject any and all bids. paratus.
interest coupon or registered im¬ wanus Grain Terminal fromthe
,-7'V ; 7 :
instalments dicing a period of, 13 All bids other than by or on be¬
provement bonds. Dated Oct. 1, State of New York.: All of thbsip
years .from dafg of: issue.
If serial half of the State Board of Land North Brunswick Township (P. O. 1944. Denomination $1,000. Due facilities are operated, by the/Port
R. F. D. No. 14, New Bruns¬
bonds are issue?:! and sold, they Commissioners must be accom¬
Oct. 1, as follows: $2,000 in 1945 Authority. : In addition, it ..built;
wick), N. J.
will be in- the -amount of $1000 panied by a certified check in the
and $3,000 from 1946 to 1961 in¬ and
owns
the
Port Authority
each, except the first bond, which sum of $500 payable to the order
Bond Sale—The $181,000 sewer clusive, Bidder to name a single
Commerce Building which housgswill be iii;- the,, amount of $181.56. of the clerk, which will be for- bonds offered Now 20—v. 160, p. rate of interest, expressed in a
Union
Inland
Freight /StationThe sum 6f '$9,181.56 will be pay¬ feited by the successful bidder in 2125—were awarded to J. S. Ripmultiple of, % or 1/ 10th of 1%. No. 1." .7//;:::/'
able Dec. 15; 4945, and the sum of the event that he shall refuse to
pel & Co., Newark,; H. L. Allen Principal and interest (A-O). pay¬ /, As soon as materials become
$9,000 will be payable on the same purchase the said bonds.
&.Co., and Rogi'rsJ? Gqrdon & Co., able at the Great Neck Trust Co.; available the Port Authority wilt
day each year thereafter until all
both of NewyYpriv City, jointly, Great Neck, with New York ex- •commence construction of Man-1
of such bonds are paid. The bonds
NEBRASKA
as; 2M>s, at a .'price/of 100.41, a exchange.
A certified check for hattan's first Union Motor Truck
whether
amortization, or
serial
$1,000, payable to order, of the .Terminal, and a survey will be
/
Superior, Neb.
Nov.
will
be redeemable in
full 6%
town, is required.
Legal opinion completed within the next two
Bonds Authorized—A resolution
as fol¬
years; after date of issue.
The
of Vandewater, Sykes & Galloway months to determine the. neccl and
bonds will be sold for not less pass/chby the c>tY provides for an lows:
$4000 from'1945 to 1949 in¬ of New York City -will- be fur¬ location of one or more such ter¬
than par value and accrued inter-j issue,; qf $32,refunding audiclusive; $5,000, 1950 to 19p6 in¬ nished the successful bidder. The minals, in Northern New Jersey.
est.
Enclose a certified check for tqi;iu^;bonds.Dec. I, 1944.
clusive, and $6,000 from I9o7 to bonds will be unlimited /obliga¬ Plans are now being processed for
$5,000, payable to the District
1977 inclusive.
Second higli bid tions of the Town of North Hemp¬ New York City's first Union Bus
'//NEW HAMPSHIRE
Clerk.
''also for non-callables) was'made
stead, payable in the first in¬ Terminal to be built in micltown
'
Nashua, N.
by an account composed of Julius stance from, taxes on property Manhattan.: '
1'
These are the bonds originally
Bond Offering,—Alfred O. Pou- A. Rippel, Inc.; Minsch, Monell &
scheduled to be sold on Nov. 30.
Howard S. Cullman, prominent
within the Sewer District.
lin. City Treasurer, will receive Co., and J. R. Ross & Co., which
New York businessman and phil¬
Other Port of New York Authority, N. Y.
Pondera County (P. O. Conrad), sealed bids until 11 a.m. on Now offered 100.289 for * 2.60s.
anthropist, is Vice-Chairman of
Chairman Ferguson Honored at
bids for non-callable
bonds in¬
Mont.
28 for the purchase of $155,000
the Port of New York Authority.7
cluded the following:. B. J. Van Luncheon—In celebration of his I11 addition to Chairman Fergu¬
Bonds, Voted—At the Nov.. 7 coupon permanent public improve- In gen •& Co.. 100.839 for $180000 twentieth anniversay as- a-Com¬
clection the. voters approved the-menc bonds.
Dated Nov. 1, 1944>. 2.70s; Boland, Saffin &, Co.; Mac- missioner of the Port of New York son, the State of New Jersey is
represented on the Board of Com-*;
issuance of S30 000 county airportBride; 1 Milldr & Co.. arid jMMou-j Authority, and hjs? tenth anniver¬ missioners by Josenh M. Byrne,
& Condon, jointlwliod.xf'ion sary as Chairman. Frank C. Ferbonds, the unofficial count being71949 inclusive, and $15,000 MM
Jr./ John
Borg,
Raymond M,
ghson was entertained by the
, ,;I'
"
C84 to 573.
1950 to 1954 inclusive. BiddCiH6 $181,000 2.70s.
expressed in a
was
.
-
.
■
-
—
,
-
.
•
;
—
.
,
v
•
/
,
,
.
.
t
-g®
3$!$.
'
Volume
160
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4337
bonds
of consecutive maturi¬
Greer, Frank Dorsey and Arthur
Walsh. The, New York State Com¬
for
missioners
to the bidder;
are
Vice
-
ties.
Chairman
the
Cullman, John J. Pulleyn, Charles
S.
Whitman, Frank J. Taylor,
Eugene F. Moran and Bayard F.
Pope.
"'V" "'i
■' ''"''A ,:
The bonds will be awarded
bonds: at
cost to
offering to purchase
the
interest
lowest
the town,
such cost to be
the total
amount of the premium bid from
the aggregate amount of interest
Schenectady, N. Y.
upon all of the bonds until their
Bond Offering—H. A. Root, Di¬
respective maturities.
No bid of
rector of
Finance, will receive less than
par and accrued interest
sealed bids until noon (EWT) oh
will be entertained.
Bids must be
"Nov. 29 for the purchase of $46,accompanied by a certified check
000 not to exceed 3 % interest cou¬
upon
an
incorporated bank or
pon or registered local improve¬
trust company, payable uncondi¬
ment bonds. Dated Dec. 15, 1944.
tionally to the order of the State
Denomination $1,000. Due Dec. 15 Treasurer of North Carolina for
as
ffollows: $9,000 from 1945 to $3,400.
The right to reject all
1948 inclusive and $10,000 in* 1949.
bids. is reserved.The approving
Bidder to name a single; rate of
opinion
of
Storey,..." Thorndike,
interest, expressed in a multiple Palmer & Dodge, Boston, will be
of 14 or 1/ 10th of.1%. Principal furnished the
purchaser.
/ •
;
and interest (J-D) payable at the
In the event that prior to the
Chemical Bank & Trust. Co., New
determined by deducting
ceeding 6% per annum in multi¬
ples on V4 of 1%.
Each bid may
one
rate for part of the
bonds, and another rate or. other
name
rates
for the
,
balance, but
no
may name more than three
and
his
each
bid
bidder
the
each rate.
must
amount
of
bid
rates,
specify in
bonds
ment Association, that the $12,-'
Lorain, Ohio
Bond Sale—The $16,100 street
360,000 3% highway revenue anti¬
cipation certificates approved by improvement bonds offered Nov.
the. voters at the Nov., 7 election, 16—v. 160, p. 2015—were awarded
wili be offered for sale over a to Central Bank Co. of Lorain, as
period of time, beginning about a
after the end of the war.
|
year
of
,
the
bonds
at
offering to purchase,
the
lowest
interest
due
in
Nov.
1946
1,
and
as follows:
$2,000 from
1947 to 1953 inclusive. Other bids:
Bellevue, Ohio
Early Bond Offering Seen Prob¬
The bonds will be awarded
to the bidder
and
$2,000
OHIO
price of 100.97, a basis
1.061%. Dated Dec. 1,
a
about
1944
Each rate must be bid
for bonds of consecutive maturi¬
ties.
114s, at
of
able—It is reported by Robert L.
J. Wagar, Safety Service Director,-
(for IViS) Ryan, Sutherland &
Co., 100.114; Lorain Banking Co.,
100.093; (for 1 Ins) Ohio Co. of
city, such cost to be de¬
Columbus, 100.72; Assel, Kreimer
Second Mortgage &
deducting the total that $230,000
Co., 100.714r (for • l%s) City
amount of the premium bid from Revenue bonds will probably be Bank
Co., Lorain, par.
the aggregate amount of interest placed on the market in the near;
;
Newton Falls, Ohio
V. ■ :;V.vy.'r'
upon all of the bonds Until their future.
/ .;y,
>
Bond Sale Details—The $98,008
respective maturities.: No bid of
Other Bond Offering Indefinite
3%
municipal light "and power
less than par and accrued interest —It is also
reported by Mr. Wagar
plant, bonds purchased recently
will be entertained.- * ;1 that' the
$175,000 water: works'
by the Ballard-Hassett Co. of Des
v
Bids must be accompanied by a bonds approved by voters at gen¬
as
reported in v. 160,
certified check upon an incorpo¬ eral election, will probably not be Moines,
p, 2237, were sold by the village
delivery of the bonds the income rated bank or trust company pay¬ offered until next May or June.
York City.; A certified - check for
at par and mature $7,000 March 1
received by private holders from
able unconditionally to the order
and Sept. 1 from 1945 to 1951 incl.
$920, payable to order of the city, bonds of the same
Brook Park, Ohio
,
type and char¬ of the State Treasurer of North
is required. Legal opinion of Reed,
Sealed Tenders Invited—Village
acter shall be taxable by the terms Carolina for $16,380.
The right
Ohio (State of)
Hoyt, Washburn & Clay of New of any Federal, income tax law, to
Clerk Varnum E. Clark will re¬
reject all bids is reserved. The
Bond Yield Index Remains Un¬
York City will be furnished the
the successful bidder may, at his approving opinion of Chapman & ceive sealed tenders until noon on changed—J, A. White &
Co., Cin¬
successful bidder.
election, be relieved of his obliga¬ Cutler, Chicago, will be furnished Nov. 29, of refunding bonds, dated cinnati, reported on Nov. 22 as
The amount avail¬ follows:
tions under the contract to pur¬ the purchaser.
",%■ July 1, 1938.
,/■/.
Yonkers, N. Y.
!
able for purchase is about $25,000..
chase the bonds and in such case
In the event that prior to the
Certificate Offering —- Sealed
The
Ohio
municipal
market
the deposit accompanying his bid
delivery of the bonds the income
bids will be received until noon
> y y Camden, Ohio ' y •continues to be steady and prices
will be returned.
received by private holders from
::
Bends Voted—The voters ap¬
on Dec. 1 by Robert C. Montgom¬
are unchanged from a week ago.
bonds of the same type and char¬ proved
the issuance of $25,000 Our index of the yield on'20 Ohio
ery,
City •• Comptroller, : for the
Cary, N. C.
rV
acter shall be taxable by the terms storm sewer bonds at the general,
Bond Sale—The $97,000 water
bonds
remains
at
1.36% today,
purchase of $800,000 certificates
of
indebtedness.
Dated
Dec.
6, and sewer refunding bonds of¬ of any Federal income tax law, election by a sizable margin.
y with the yields on 10 high grade
1944. Denominations $100,000 and fered Nov. 21—v, 160, p. 2237— the successful bidder may, at his
bonds
and
on
10
lower
grade
;
>
:
Dayton, Ohio
bonds
at
$50,000. Due July 6, 1945. Issued were awarded to the First Secur¬ election, be relieved of his obliga¬
1.19% and 1.53%, re¬
Bonds Sold—The City Treasury
in
anticipation
of
1944
taxes. ities Corp., Durham, Vance, Young tions under the contract to pur¬ Investment Board has
purchased spectively.
chase the bonds and in such case
These Certificates of Indebtedness &
Hardin,
Winston-Salem, and
This marks the fourth consecu¬
an
issue of $27,500 1%% regis¬
will be authenticated as to gen¬ Fox, Reusch & Co., of Cincinnati, the deposit accompanying his bid
tered public park bonds at par. tive week that prices in the Ohio
will be returned., •
v
;
uineness and validity by the First jointly, at par, a net interest cost
Dated Nov. 1, 1944 and due Nov. municipal market have remained
National Bank of Boston, and a of about 2.462%, as follows: For
1, as follows: $2,000 from 1946 to unchanged.
Highlands, N. C.
' 1
duplicate • transcript • of
legal $80,000 maturing June 1, $3,000
inclusive
and
Bond Call
Clerk Board of 1955
$1,500 from,
Orwell, Ohio
papers incident to this issue .will in 1946 to 1954, $4,000 in 1955 to Commissioners
Jack
H.
Wilcox 1956 to 1960 inclusive.
Price Paid—The Village Cleric
be filed with said bank, where 1961, $5,000 in 1962 to 1966, as
announces that 4%,'electric light
states that .the $4,000 semi-annual
Franklin Township School Districts
they may be inspected: The suc¬ 2%s, and $17,000 maturing June and sewer
refunding bonds Nos.
fire
department of 1944 bonds
cessful bidder will be furnished 1, $5,000 in 1967, and $6,000 in
14 to 18, are called for payment (P. O. Grandview Heights), Ohio
1968 and 1969, as 3s.
with
the
Bonds Voted
At the general sold to J. A. White & Co. of Cinopinion of > Hawkins,
on
Jan. 1, 1945, at par and ac¬
Delafield & Longfellow, of New
election on Nov. 7 the voters are cinati, as noted here — v. 160, p.
Cherokee County (P. O. Murphy), crued
interest, at the Central
2237—were awarded as 2s, at a
York, that the certificates are
N.C.
Hanover Bank & Trust Co., New said to have approved the issu¬
valid and legally binding obliga¬
ance
of v $278,000
Bond
construction price of 100.675, a basis of about
Call
Clerk
Board
of York City.
Dated July 1, 1938.
1.87%. Due $500 from Oct. 1, 1946
tions of the City payable in the
County Commissioners B. L. Pad¬ Due July 1, 1968. Holders shall bonds.. y• >; .v,v
to 1953 inclusive. Second best bid
first instance from the taxes in
gett announces that General Re¬ present bonds for. payment on Green Local School District (P.O.
was an offer of par for 2% bonds,
anticipation of which said certi¬ funding Bonds Nos. 196 to 240, or before date called, with; Jan., 1,
Greenford), Ohio
submitted by ,the Orwell Banking
ficates are issued, but if not so and Nos. 440 to 443, for $1,000 1945 and subsequent
coupons at¬
Bonds Voted
At the general
Company.
paid, payable ultimately from ad each, and School Funding Bonds tached.
Interest ceases on date
election the voters approved the
valorem
taxes
which
may
be Nos. 1 to 35, for $1,000
'J
each, and called.
Ravenna, Ohio
y:ry yy issuance of $120,000 construction
levied on all the taxable property Nos. 36 to 44, for $500 each, are
Bonds Voted—An issue of $50,bonds, the count being 489 to 195.
North Carolina (State of)
within the City without limitation called for
000 airport bonds was
payment on Jan. 1, 1945.
authorizqg
as to rate or amount. The certifi¬ Dated Jan.
Governor Urges Debt Payment
Hamilton County (P. O. Cin¬
1, 1940.
Holders are
by the voters on Nov. 7.
f
• y
cates will be
delivered against required to present said bonds for From Surplus—Speaking at a re¬
cinnati), Ohio
St. Mary's, Ohio
payment on or about Dec, 6, 1944, payment at the Central Hanover cent meeting of the North Caro¬
All Bond Issues Approved by
Bonds Defeated—At the Nov. 7
at the First National Bank of Bos¬ Bank & Trust Co., New York City. lina Cotton Manufacturers Associ¬ Voters—The United Press
report¬
election the proposition to issue
ton, or at the New York Trust Interest ceases on Jan. 1, 1945.
ation, Governor-elect R. Gregg ed on 'Nov: 10 that the
approval at
Co., and are payable at the First
Cherry urged that $52,000,000 of the recent general election by the $150,000 sewage treatment plant
* 1
;
National Bank of Boston, or at the
the State's, general fund surplus voters of the above county and bonds was defeated.
Greensboro, N. C.
Central Hanover Bank & Trust
Excellent
Financial Condition of $57,000,000 be
used for re¬ city of bonds totaling $41,000,000 Sharon Township Local Sck Dis(.
Co., New York, and are payable Reported—This city, as of Oct. 31, tirement of the State's. ge2ieral will give a tremendous backlog
(P. O. Worthington), Ohio %
to bearer without option of regis¬ had a total of $1,257,579.22 on de¬ fund bonded
debt, "thus saving of public works during post-war
Bonds Voted
The issuance of
tration and bear interest payable posit With its approved deposi¬ about $5,000,000 annually in debt reconversion.
-:.y' y'/.-A I $198,000 construction bonds was
The surplus, the
at maturity. Bidders must name a tories and also, as of the same service costs."
The bonds, approved by majori¬
approved by the voters at the
single rate of interest which all date, had collected 73.19% of its Governor continued, constitutes a ties
ranging from 81 to 89%, will general election, it is reported.
the certificates are to carry, and 1944 tax levy of $1,310,713.87, ac¬ temptation to State institutions to
give
the
city
20
new
public
no offer to. discount this loan will
cording to a budget summary re¬ expand their functions and to tax¬ schools, a new public library, a
Wellington Township (P. O.
be accepted....
port, Nov. 10, by Hargrove Bowles, payers to seek tax reductions. number of University of Cincin¬
Wellington), Ohio
,
Director of Finance.
The amount Governor Cherry
Bonds Voted—The issuance of
declared that nati buildings, a juvenile deten¬
of taxes for 1944 collected by the the State wanted to be in position tion
$105,000 town hall improvement
NORTH CAROLINA
homeland new additions to
city as of the close of October was in the post-war era to attract new General Hospital, a city institu¬ bonds was approved by the voters
Black Mountain, N. C.
$959,305.17. The cash on deposit, industries which would provide tion.. Besides these, millions will at the general election, it is said.
Bond Offering-—Sealed bids will as of Oct.
31, compares with a jobs for "her people." Although be
spent on city and county roads
be received until 11 a.m. (EWT), total of
Wooster, Ohio
$806,849.25 on deposit as expressing satisfaction with the and
sewers,
parks
and
play¬
on Nov. 28, by W. E.
Easterling, of Oct. 31, 1943.
Bond Offering Not Scheduled—
existing tax structure, the Gover¬
grounds and grade crossing elimi¬
Secretary of the Local Govern¬
It is stated by Elsie A. Williams,
nor added that it "becomes neces¬
nations.
yrv
Hendersonville, N. C.
ment Commission, -at his office in
City Auditor, .that- • the $375,000
sary" to ascertain whether the
Bond Offering—Sealed bids will
,; The issuance of the bonds will
feleigh, for the purchase of $170,system "is in keeping with the
hospital bonds apih'oved by the
,Q00 refunding bonds,
Dated Dec. be received until 11 a.m. (EWT), times and in conformance with the give the three local governments voters on Nov. 7;'may not be of¬
the largest amount spent on pub3? 1944. Due on June ! without on Nov. 28, by W. E. Easterling, wishes of the
fered for sale for another year.
people." Mr. Cherry
lie: improvements
at one, time
:: '■/• -<
; •
option of prior payment as fol¬ Secretary of the Local Govern¬ was
elected
Governor V at
the
since the City of Cincinnati fi¬
lows: $4,000 1949 to 1953, $4,500 ment Commission, at his office in Nov. 7
general election, succeed¬
OKLAHOMA
nanced the building of the South¬
;y:y :
1954 to 1956, $5,000 1957 to 1960, Raleigh, for the purchase of $819,- ing J.
IVIelvillp Brought on.
ern
Railroad from this
city to
Alva, Okla.
$5,500 1961 to 1963, $6,000 1964 to 000 water and sewer refunding
Bond Election—At an election
bonds.
Dated Dec. 1,1944.
Chattanooga two decades after the
Due
St. Pauls, N. C.
1966, all inclusive, $6,500 1967 and
cost to the
termined
by
,
.
.
,
■
"
:
—
„
#
—
.
—
.
—
.
>
—
..
....
,
-
.
on
Civil War.
June 1 without option
Bond
of prior
Sale—The; $64,000 refund¬
payment as follows: $22,000 1946, ing bonds offered Nov. 21—v. 160,
$23,000 1947, $24,Q00
1948 and p. - 2237—wer^^Wdrded to First
1949, $25,000 1950, $26,000 1951 Securities Corb.r:of Durham, and
and
1952, $27,0001953, $28,000 Vance, Young"& Gardin of Win¬
1954, $29,000 1955, $30,000 1956 ston-Salem,. jointly, at par, a net
and
1957, $31,000... 1958, $32,000 interest costf of about 2.46%,' as
1959, 433,000 I960,-. $34,000 1961, follows: $49,000 2}As: due $4,000
$35,000 1962, $36,000 1963, $37,000 frorp',1945 to 1948 inclusive and
1964; $38,000 1965, $39,000 1966, $3,000 'from 1949 to 1959 inclu¬
will be no auction.
_•
$40,000 1967, $41,000 1968, $42,000 sive,' $15,000
2%s;
due
$3,000
Bidders are requested to name 1969,
$43,000 1970, and $24,000 from 1960 to 1964 inclusive. The
1971,
Denomination $1,000; prin¬ bonds are dated Dec.
the interest rate or rates, not ex¬
1, 2944 and
ceeding 6% per annum in multi¬ cipal and interest (J-D) payable mature annually on Dec. 1.
in legal tender in New York City;
plex of % of 1%.
Each bid may
name
one
rate for part of the coupon bonds registerable as to
NORTH DAKOTA
only;
general
obliga¬
bonds, and another rate or other principal
rates for the balance, but no bid tions; unlimited tax; delivery at
y North Dakota (State of);
t
place of purchaser's choice. There
may name more than-three rates,
u'
Certificate Offering Not
will be no auction.
- .
i
and each bidder must specify in
Contemplated — It is, stated |ljy
his bid the amount, of bonds of
Bidders are requested to
naipe: George Dixon, Executive Secre¬
each rate.
Each rate must be bid the interest rate or rates, not ex¬ tary, Post-War Highway Improve¬
1968, $7,000 1969 and 1970, $7,500
1971, 1972 and 1973,; $8,000 1974
and 1975, $8,500 1976, and $8,000
1977. Denomination $500; princiK
pal and interest (J-D) payable in
lawful money in New York City;
coupon bonds registerable as to
principal only; general obliga¬
tions; unlimited tax; delivery at
place of purchaser's choice. There
,
•
'y-'
$3,500,000
3,500,000
Courthouse
City street
City
1,000,000
ahrfefe™ -A'1.000.000
irnpVts!h^^ {6,000,000
on
Dec. 11 the voters will consider
an
,yy..'
yy
County .sanitary sewer
Library building-. "1;
County toads. 1^31"
issue of
Anadarko, Okla.
Bond
Nov.
on
sider
an
bonds.
Election—At
29
a
—
.16,000,000
Jefferson
Township Local School
O. Gahanna), Ohio
Bonds Voted — At the Nov. 7
District
,
an
election
voters will
of
con¬
$80,000 airport
•
,
^,000,000
cross. cTmVs.'l-.2,000,000
impvts.—1,000,000
Playgrounds & rec
1.000.000
General hosp. impvts.
1,000,000
impvts..
the
issue
;
OREGON
Grade
Park
School
$50,000. airport bonds.
3,000)000
sewer
University
,
feirly
y",
The bonds'issued were:
Bond
Baker, Ore.
Call—Mayor Henry
Mc-
Kinney has called for payment at
his office on Jan. 1, 1945, refund¬
ing
bonds
of
1931,
Nos.
200
to
234.
(P.
{election" the voters are said to
J^ve given their approval to the
Madras,
Bond
Sale
—
Ore.
The
$10,000 fire
equipment bonds offered Nov. .14
proposal calling for .the issuance —y. 160, p. 1911*—were awarded
to Daugherty, Cole & Co. of Portof $240,000 construction bonds.
land, as iy4S, at a price of
a
basis
of
about
100.23,
Luzerne County
Wilkes--
Barre), Pa.
Dated
1.19%.
(P. O.
the terms
to
be
Monday, November 27, 1944
FINANCIAL CHRONICLE
THE COMMERCIAL &
2342
sale.
Bids are
showing dollar
of the
.
submitted
..:sBidder—
&
Lfftwieh
J,
C.
.•
.«
,,
-...
...
Rate
..
,
r
r
v
Prem.
...
{
and
Ross
whether.
■
the
provisions of the
prohibit the
Revenue Act of 1936
Co.,
Bradford &
i', 4%
-•
•
700
Federal Government from taxing
-jointly.
Contemplated— price per item and will be sub¬ Chemical Bank & Trust
the interest on Triborough Bridge
ject to accrued interest to date
IV'P/o
,V : 050 and New York Port bonds. If this
Co.
We quote in part as follows from
of delivery at coupon rate.
1"",
»r
The Union Planters Natl. Bk.
an article which appeared in the
356 statute does bar Federal taxation',
l'.<4%
& Tr. CoWashington County School District Wilkes-Barre '."Independent," of right to reject any or all bids is •Gordon Meeks & Co.-—
•249
the second question is whether the
PA<A,'
reserved.
Each bid must be en¬
130,
No. 48 (P. O. Beaverton), Ore.
1,700
Nov. 5, dealing with the bond is¬
Phelps, Fenn & Co—_
government is prohibited by the
closed in a sealed envelope ad¬ <R, W. Pressprich & Co. 1.30'w
1350
Bond Offering — District Clerk sue contemplated by the above
constitution
from levying
such
795
dressed
to
said
Treasurer
and Nashville' Securities Co- 1,30%
will
receive
sealed bids
until county:
85
1.30%
taxes;:
V: ■' .v
V
should be marked "Bid for Bonds" John Nuveen <fe Co.——
8 P.M. on Nov. 29 fof the pur¬
■; While for a while it appeared
3,365
1.40%
Bulling ton Schas & Co.P
The argument of the Federal
and must be accompanied by a
chase of $30,000 not to exceed
that the
bond issue needed by
Government in the second circuit
certified check guaranteeing com¬
TEXAS VVV'VJV-':
4% interest school bonds. Dated Luzerne County's government to
court hearing was that the statu¬
pliance with bid in the amount
Dec. 1, 1944 and due $6,000 on clear up the steady deficits of the
Bishop, Texas
of 2% of the par value of bonds
tory exemption for any political
Dec.
1 from- 1947 to 1951 incl. last few years would await the de¬
Bonds Sold—J. L. Wright & Co.
subdivision did not include non¬
cision* to completely repair the represented by the said bid. Said of
Principal and interest (J-D) pay
San
Antonio recently
pur¬
essential
government
activities
deposit shall be forfeited as liq¬
able at County Treasurer's office, Breslau Bridge, thus making one
chased a block of $40,000 water
uidated damages in case the bid¬
such as transportation. As a case
or
at the fiscal agency of the bond issue for both needs, it now
works bonds as 2%s, at a price of
der shall fail or neglect to take
in point, it was stated that the
State of Oregon in New York appears that the county may not
302.777, representing part of a
and pay cash in accordance with
Supreme
Court
had exempted
City. A certified check for $1,000 be able to wait.
$75,000 issue authorized at an
from Federal taxes the income
The bridge will not be worked proposal for such bonds as are election on Oct. 21.
is
required.
Legal opinion of
The city will
awarded to him.
Purchaser shall
from operations of a street rail¬
Winfree,
McCulloch, Shuler & on until next year but the county
furnish own legal opinion.
No keep the remaining bonds in re¬ way wholly owned by the City of
Kelley of Portland will be fur¬ needs the money this year, to put
serve.'
V
further public sale of bonds is
Boston.
j :
nished
the
successful bidder. an end to the present system
Corpus Christi, Texas
The
decision ; in
the
circuit
Bonds were authorized at an elec¬ which finds the county almost a contemplated by the City of Prov¬
Bond Election—The issuance of
The Commissioners of;
full year behind in its revenue. idence,
tion on Oct. 30.
Court, unfavorable to the govern¬
Sinking Funds or The Employees' $1,500,000 seawall and bayfront
Between paying off the annual,
ment, was two to one, with Judge
Retirement System for a period improvement bonds was submit¬
PENNSYLVANIA
million
dollar
tax - anticipation
Jerome Frank, former Securities
of at least 90 days.
ted to a vote of the electors at a
loan
(which was $1,200,000 this
and Exchange Commission chair¬
Franklin, Pa.
referendum on Nov. 25, according
Sinking Fund Bond Exchange
Bonds
Voted—At the Nov. 7 year) and the other temporary
man, defending the Revenue Bu¬
to T. Ray Kring, City Secretary;
reau's argument. The court made
At
a
recent City
totaling $650,000 so far, Authorized
election the voters approved the loans,
with much of this going for last Council meeting an ordinance was
its decision-on the basis of the
issuance of the $100,000 bonds for
Corpus Christi Indep. Sch. Dist.
1936 Revenue Act, without pass¬
creation of a modern recreation year's deficit, almost all of the passed on first reading and re¬
(P. O. Corpus Christi), Texas
Bonds Voted—It is stated by C. ing on the constitutional issue. *
center by a count of 1,867 to 1,648. 1944 revenue will be used up ber ferred to the Finance Committee,
fore it can pay for 1944. expenses. authorizing the Board of Commis¬ L.
The
Cuningham,.Business Manager
Supreme Court will be
Franklin School District (P. O,
The size of the bond issue ex¬ sioners of Sinking Funds to ex¬
of the Board of Education, that asked by the government ,to pass
f
Franklin), Pa.
pected to be floated this year change certain issues of regis¬ at the election held on Nov. 18— on both the statutory and consti¬
Bonds Voted—At the Nov. 7
seems
not to have been deter¬ tered bonds of the city held by
v.
160, p. 2128—the voters ap¬ tutional exemptions. The court's
election the voters approved the mined. However, the county could
them for bonds in coupon form,
proved the issuance of the follow¬ decision is- expected to attract
issuance of the $100,000 bonds for
use
almost $1,500,000 and it all; and to sell and dispose of said
ing bonds by a majority of about considerable interest in financial
creation of a modern recreation
depends on how far the officials coupon bonds.
20 to 1:
$1,500,000 public school quarters, as the income to invest¬
center by a count of 1,858 to 1,602. want to
go.
and $250,000 Junior College.
ors in bonds of other authorities
The difficulty of course, forcing Warwick (P. O. Apponaug), R. I.
Johnstown School District (P. O.
would be indirectly affected.
Goldthwaite, Texas
Bond Offering—Sealed bids will
Johnstown), Pa.
f some regrets that the borrowing
Bonds Sold—It is reported that
is necessary, is the fact that it be received until 11 a.m. (EWT),
Bond Offering—Sealed bids will
VERMONT
adds another big load for the fu¬ on Nov. 28, by G. C. Anderson, $30,000 water revenue bonds were
be received by George B. Hunter,
Brattlehoro, Vt.
'
ture, when the penalty wi'li be City Treasurer, for the purchase sold recently as 21/4S and 21,2S.
District Secretary, until 8 pun.
hardest of all on the individuals of $45,000 coupon general refund¬
Taxes Pay Loans With Surplus
Harris County Fresh Water Supply
(EWT), on Dec. 13, for the pur¬
as the coal assessments slowly but
ing, series of 1944 bonds.
Dated District No. 8 (P. O. Baytown), Remaining—Municipal Operating
chase of $180,000 coupon refund¬
steadily fade away.
Dec. 1, 1944. Denomination $1,000.
expenses for 10 months of the year
ing bonds. Interest rate is not to
>;■.
Texas
Due Dec. 1, as follows: $10,000 in
$169,154.47,
compared
exceed 3%, payable J-J. Denom.
Morton Borough, Pa.
Bond
Legality Approved —A reached
1955 to 1958, and $5,000 in 1959.
with $158,172.55 at the end of Oc¬
$1,000. Dated Jan. 1, 1945.
Due
Bonds Voted—At
the Nov. 7 Bidder to name one rate of in¬ $28,000 3Vz% semi-annual sewer
tober, 1943, and with increased
$20,000 from Jan. 1, 1947, to 1955. election the voters approved by a
revenue bond issue has been ap¬
terest in a multiple of Vr of 1%.
revenue
receipts of $266,854.72,
Rate of interest to be in multiples
proved as to legality by W. P.
wide margin the issuance of $28,No bid for less than par and ac¬
of a/4 of 1%. Bids will be received
Dumas, of Dallas.
Dated Oct. 1, compared with $233,128.35 .a year
000 street repair bonds, according
crued interest to date of delivery
ago, reflected the town's bigger
for the entire issue at any one
1944.
,'<•
to the Chester "Times" of Nov. 8.
will be considered.
Principal and
budget and tax rate for 1944.
\
rate of interest, but no bid com¬
interest payable at the Rhode Is¬ Hunt County (Pi O. Greenville),
Reading, Pa.
Property taxes received before
bining two different rates of in¬
Texas
land Hospital Trust Co;, of Provi¬
the deadline early in October en¬
terest will be accepted.
Regis¬
City Sued on Street Bond Issue
Bond Sale—The $290,000 court¬ abled selectmen to repay tempo¬
tered as to principal only.
The —-Judge H.. Robert Mays granted dence. The bonds will be certi¬
fied as to genuineness by said house and jail refunding bonds rary loans secured in anticipation
bonds and the interest thereon the petition of the Allen town Na¬
offered Nov. 20—v. 160, p. 2128— of.
taxes, and left $75,719.69 in the
will be payable without deduction tional Bank to intervene as an ad¬ bank and their legality will be
15, 1944 and due $2,000 on
Nov, 15 from 1946 to 1950 incl.
Nov.
Issuance
Bond
••
..
.
•
'
„
■
v.
-
—
:
■'
—
for any tax or taxes, except suc¬
cession or inheritance taxes, now
or
hereafter levied or assessed
thereon under any present or fu¬
ture law of the commonwealth,
all of which taxes the district as¬
sumes
and agrees to pay.
The
bonds will be sold to the highest
responsible bidder, provided such
.bid is not less than par and ac¬
ditional
plaintiff in the suit of Le¬
Bethlehem,
against the City of Reading, to re¬
cover an amount due on certain
high Valley Trust Co.,
improvement bonds.
street
approved
Story,
by
Thorndike,
Boston. The
will be valid general obliA
& Dodge of
Palmer
bonds
gations of the city, and all taxable
real estate and tangible personal
the Greenville
till, compared
with $67,727.05,
the Citizens with which-to meet the remainder
National Bank, both of Greenville, of the town's 1944 expenses. Larg¬
jointly, as follows: $82,000 as l%s, est expected single expenditure
due Jan. 1 from 1946 to 1950 incl., will be for retirement of bonds
were
awarded
National
to
Bank
and
and
$208,000 as IV2S, maturing due Jan. 1, 1945, the check for
National Bank property in the city will be ,sub¬
from 1951 to 1960 incl,
Barcus, about $29,000 to be drawn Dec. 31.
$6,000 worth of ject to the levy of unlimited ad
Kindred & Co., were second high
Valorem taxes to pay both prin¬
bonds. George B. Balmer, of Zieand $282,VIRGINIA
The rate on bidders, for $8,000
ber & Snyder, told the court the cipal and interest.
taxable intangible personal prop¬ 000 13/2S, optional after 10 years
city did not object to having the
Charlottesville, Va,
from date of issue.
;;
Bonds
crued interest.
The highest re¬ entire bond issue disposed of at erty is fixed by statute.
Bond Election—At an election
will be delivered about two weeks
sponsible bidder shall be the one one time.
Pasadena Independent School Dist.
on
Dec.
12„ the voters will be
after date of sale, against payment
Texas
who, having complied with the
asked to approve an issue of $500,at the Rhode Island Hospital Trust
RHODE ISLAND
conditions of sale, offers to take
Bond Voted—At a recent elec¬
000 improvement bonds.
;•
Co., of Providence, or shipped to tion the voters approved an issue
the whole amount of the issue at
Providence, R. /.
any member bank of the Federal
the lowest interest cost to the dis¬
of $248,871 school building bonds.
Danville, Va.
Bond Offering—Walter F. FitzReserve System in Boston or New
trict, which shall be determined
Bond Offering—Sealed bids will,
patrick, City Treasurer, will re¬
UNITED STATES
by
deducting
from the
total ceive sealed bids until 2 P.M. York draft attached. Telephone
be received until noon on Dec. 15,
bids acceptable. Call City Hall,
amount of interest to be paid on
United States
(EWT) on Dec. 5 for the purchase Greenwood
by Randolph L. Hall, City Auditor
1020
or
Herkimer
account of such bonds during the
of the following:
Treasury
To
Seek
Supreme and Clerk, for the purchase of
9107.
life thereof, the amount of pre¬
Court Approval of Levy on N. Y. $230,000 coupon general improve-Item No, 1
mium offered, if any, over and
TENNESSEE
Authorities' Bonds — The Federal ment bonds of 1944. Interest rate
above the face amount of the is¬ $3,500,000 2% coupon public im¬
Treasury Department will ask the is not to exceed 4%, payable J-D.
provement loan bonds. Inter¬
sue.
These obligations will be
Memphis, Tenn.
United States Supreme Court to Denominations $10,000, $5,000 and
est J-D.
Due as follows:
payable from; ad valorem taxes
Complete List of Bids—In re¬ authorize taxation by the Govern¬ $1,000. Dated Dec. 15, 1944. Due
$140,000 from 1946 to 1949
within the taxing limitations im¬
porting in v. 160, p. 2238, award ment of income from Port of New $10,000 from Dec. 15, 1945 to I960.'
incl.; $157,000, 1950; $158,000, of
posed by law upon school districts
$500,000 school bonds to an ac¬ York Authority and New York Bidders are invited to name" the1951; $175,000 from 1952 to
of this classy^ The enactment, at
count headed by Glore, Forgan &
Triborough
Bridge
Authority rate of interest which the bomls
1957 incl.; $192,000 from 1958
any time prior to the delivery of
Co.,
New
York, as 1.20s,
at bonds. The Internal Revenue Bu¬ are to bear, which must be the
to 1962 incl.; $195,000, 1963;
the bonds of! Federal legislation
100.266, a basis of about 1.17%, reau of the Treasury recommend¬ same for all of the bonds, and the
$210,000 in 1964 and 1965.
which in terms," by the repeal or
we gave a partial list of the un¬
ed this action in an attempt to re¬ rate named must be a multiple of
Dated June 1, 1941 and due
omission bf exemptions or other¬
successful bids.
Following is a
Principal and inter¬
verse decisions of the second cir¬ 5/100 of 1%.
yearly on June 1. Said bonds
wise, subjects to a Federal income
complete list of the unsuccessful cuit court of appeals which held est payable at the City Treasurer's
are
now owned by the City
tax the interest on bonds of a
bids, although in. some instances that
the
Federal .Government office. The bonds are general ob¬
Sinking Fund.
class or character which includes
the associated bidders
are
not could not tax the income to in¬ ligations, issued pursuant to the
these bonds, will, at the election
Item No. 2
shown:
'
•',
;
Constitution and Statutes of the
vestors of the two New York au¬
■.it'*"
of the purchaser relieve the pur-,
Prem.
Bidder-*"V
Hate
$1,000,000
2%
coupon
funding
State, including among others, the
thorities.
chase from his obligations under
$1,330
bonds.
Interest J-D. Due as Glore, Forgan &'Co.-~_ 1.20%
The
petition for a Supreme City Charter, and pursuant to or¬
the terms of the contract of sale
follows: $40,000 from 1946 to First National'• Bank bt
dinances duly adopted by the City
777
Court review of the case will be
and entitle the purchaser to the
Memphis
? 1.207^
1949 incl'.;'$45,000 in 1950 and
Council. No proposal for less than
Mercantile Commerce.
presented within the next week,;
return of the amount deposited
1951; $50,000 from 1952 to
Bank & Trust Co. -arid
all of tfye bonds will be con¬
Department - of Justice! officials
with the bid.
These bonds are
Charles Clark & Co.,
1957 incl.;. $55,000 from 1958
75
said.
1 sidered. 'The bonds will be award¬
jointly
130%
issued subject to the favorable
3
to:rl963 incl.; ;,$60,000 in 1964
ed to the bidder whose bid offers
2,001
M. A. Saunders & Co—.
1 >4%
The question of Federal taxa¬
and 1965.
Dated June 1,1941. Bankers Trust Co. and
the lowest interest cost to the city
opinion of Townsend Elliott &
tion of New York Port Authority
Due yearly on June 1.
Bonds
Kidder, Peabody & Co.,
over
the life of the bonds after
Munson, of Philadelphia, and will
V/P/o
1,595 bonds has been a major issue be-i
jointly
are
now owned by
the City
deducting the premium offered, if
The
states
Allentown
it
owns
•
t
—
be
delivered
to
purchaser
the
Employees'
only if and after the proceedings
authorizing
have
been
the
issuance
thereof
approved by the De¬
partment of Internal Affairs. En¬
close a certified check
the face amount of the
for 2% of
bonds, pay¬
able to the District Treasurer.
tem,
Each
,
'
Retirement
Sys¬
V
•-
represents the total
issue.
shall be made by item;
item
bid for part of an item will be
considered. Award will be made
no
for
each
item
separately to
National
Bank
Chicago
of
...—
Co., Inc., F. S.
Moseley
<fe
Co.
and
Blyth
amount of the original
Bids
First
the,
{.highest bidder who complies with
J^ck
M.
Bass
&
Co.,
jointly
Stuart & Co.,
Inc., and Blair & Co.,
Halsoy,
.
Inc.; jointly
;
Northern Trust.Co
Munieip°l Bond
vestment Co.:
&
1
In¬
tween
PA %
1,492
the State
and the Federal
since the Au¬
created by compact,
;
between New York and New Jer¬
1,450
PA %
sey with the approval of Congress;
in 1921.
i
840
PArU
The case as presented to the
l'/4%
tiJ .;WlSupreme Court will hinge on two;
The first is'
114 % "' -' • *'754 primary questions.
Government
thority
was
ever
any.
Delivery
on
or
about Pec.
27, in any city designated by the
purchaser, together with the ap¬
proving opinion of Reed, Hoyt &
Washburn, of New York. Enclose
a
certified
'ace
value
check
of
for 2%
of
the
the bonds bid for,
payable to the city.
160
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4337
2343
ities, which
Bond
Sale—The
.$40,000 ■
system bonds offered Nov.
sewer
21—v. 160, p. 2016—were awarded
to
Scott, Horner & Mason of Lynch¬
and C. F. Cassel & Co.,
Charlottesville, jointly, at a price
of 101.777, a basis of about 2.313%,
Dated Jan. 1, 1944, and due seri¬
ally on Jan. 1 from 1945 to 1967
burg,
inclusive.
Jan.
Callable
Bond Offering Not Scheduled—
;
It is stated
by J. S. Roberts, Assis¬
tant City Controller, that no date
has been fixed as yet on an offer¬
Bristol.'; %
;'J-
:
Co.,
&
::
^
of
Inc.,
'<'■
;
J
Huntington, W. Va.
Wall
Bond
Litigation
Flood
Continued—The
right of the city
to lump its flood wall bonds into
refunding issue and
$1,209,000
a
-
the
Virginia (State of ) y.
Auditor Reports on Large Coun¬
benefiting
property
owners to pay off the obligation
was challenged
in the State Su¬
Surpluses—A report was re¬
leased on Nov. .7 by L. McCarthy
preme Court on Nov. 9 by City
Clerk George R. Heffley.
After
Downs, State Auditor, disclosing
that Virginia's 100 counties "have
at this time surpluses in excess
receiving Heffley's written answer
to the city's petition for an order
to compel the clerk to counter¬
sign the new bonds and attest
them, the court continued further
proceedings.
' "
assess
j
ty
,
"
of $12,000,000, that they are rapid¬
ly getting themselves out of debt,
that the present favorable econo¬
mic
conditions
arc
making tax
collections very much easier, and
WISCONSIN
.
'The analysis of county
conditions
financial
by the
special study
his annual report on
prepared
was
Slate
Auditor
based
upon
as
the cost of local
$35,000 airport bonds was ap¬
proved by the voters at the Nov. 7
election, the count being 1,115 to
sn.
a
CANADA
government.;
Canada
riod," Mr. Downs states.
"The
very favorable collections of local
have
levies
tax
sub¬
contributed
stantially to this trend, for there
has been a continuous recession in
the percentage
of
from
with
the single
slight increase in
delinquent
t
In
rent
was
000 issue of Treasury
percentage had dropped to 8.24 in
1943, and a further
anticipated for 1944.
decrease
;
is
i
Town
ordinance calling for the issuance
of
2M>%
$65,000
!
bonds.
revenue
special
Denom.
sewer
$1,000.
Dated Nov.
1, 1944. Due on Nov.
1; $3,000 in 1947 to 1961, and $4,-
on
Redeemable
1962 to 1966.
000 in
10
after issuance. Prin.
(M-N) payable at the
interest payment date
any
years or more
and
int.
■i
Bonds
election
bond
Voted—At
the
issues
the
authorized
voters
as
7
follows:
$99,500
street; $15,000 sewer; $12,000. gar¬
age, and $2,500 for street lighting.
School
Alberta
Interest
G.
E.
urer
(Province of)
Announced—
Manning, Provincial Treas¬
of Alberta, is advising hold¬
of
ers
Provincial
on
after
and
plus
a
Treasurer,
of
said
date
at
par,
premium of 4%, upon pres¬
the
entation at
the
or
State
Interest
office of the
City
at the fiscal agency
in New York City.
ceases
on
Jan.
1, 1945.
Shelton School District (P. O.
Shelton), Wash.
Bonds
election
Voted—At
the
voters
the
Nov.
7
approved the
issuance of
$105,000 grade school
building bonds and a $35,000 issue
for grandstand improvements and
an indoor swimming pool.
at a rate not
of 4% for the purpose of
excess
money
redeeming, prior to maturity, all
outstanding debentures.
of its
ONTARIO
Windsor, Ont,
Post"
of Toronto
"Finan¬
of
Nov.
18,
noted as.follows:
The
city
by a
Ont,.
council
of
Windsor,
unanimous
vote
last
week approved in
principle a pro¬
posed new plan of refunding of
the
municipal debt.
The
city
council also requested the Hon.
Geo. H, Dunbar, Minister of Mu¬
nicipal Affairs, to co-operate with
Windsor's
special
negotiating
obtain
to
acceptance
from the debenture holders of the
new
plan.
Municipalities Ac¬
The Montreal Metropol¬
—-
Commission
itan
whicfTmatured June
1, 1937, that
the Province will pay interest to
21'4%
in
respect
v
debentures
fol¬
as
v'.;v'•/.%:
A
Windsor)
(East
now
a
de¬
bearing 2% will be
new series bearing
half-,
Holders
(Walkerville)
debentures
Series
at
report
Co., of New York.
same
new
4%
(Windsor)
new
series
a
Series
D
1*2% by
The
rate.
bearing
bearing
(Sandwich)
of
rates
gested in the
interest
as
sug¬
of series B and
case
paid interestVat Series C debentures are less than
the rate of 3% in respect of the those the
representatives of the
half-year ending Dec. 1, 1944. In¬ debenture holders had indicated
terest will be paid-upon presenta¬
that they were prepared to ac¬
of
at
terest
perial
for
debentures
of
thereon
such
any
Bank
notation
payment: of in¬
branch of the Im¬
Canada,
of
in
the
Canada, or at the
Bank of the Manhattan Company,
Dominion
COLUMBIA
Victoria, B. C.
Debt Refunded — The city has
,
arranged for. a refunding of its
outstanding bonded debt, with a
issue of $11,685,000 refunding
bonds to be underwritten by a
new
Oct.
23, page 1792.)
The
new
issue
is
noncallable
plan
4V4%
fixed rate of
and 3%%
suggested
a
the Series
on
the Series C de¬
on
bentures.
of
New-York, N. Y.
Their
cept.
B
All
provisions
income interest
with
respect -to
increased
or
man¬
datory rates of interest will be de^
leted by the new proposal.
The
question of whether the deben¬
tures shall be installment
term
or
debentures is left to be decided at
a
later date.
shall
be
The
callable
part
in
The
callable
any
plan
present
to
power
tees
or
to
the
new
whole
in
all
debentures
of the
feature
in
or
series.
under
the
discretionary
gives
sinking fund trus¬
determine
which
tures will be called and
deben¬
does
not
permit debentures to be called in
cases
where funds
through
a
were
obtained
reissue of debentures.
The
plan does not anticipate
additional tax levy as a re¬
sult of placing the debt on a fixed
basis.
The city's 1944 budget pro¬
vided $1,450,000 for debt purposes.
The
amonut
required for debt
service under the proposed plan
alter liquidating the assets of the
sinking fund will be less than
$1,400,000 in the opinion of the
Department of Municipal Affairs.
any
The
Minister of Municipal Af¬
which
these
borrowed
of the various mem¬
tive officers
ber
municipalities for their offi¬
cial acceptance.
At present the member munici¬
palities of the Montreal Metropol¬
itan
Commission
have
a
gross
debt, handled through the Com¬
mission, of approximately $38,000,000, principally in term bonds,
with
sinking
funds
applicable
thereto of some $13,000,000, or a
net debt of approximately $25,000,000.
This net debt under the
program will be exchanged, par
for par, for a like amount of serial
4%s, with maturities arranged so
that the Commission and its
mem¬
ber municipalities will derive the
greatest benefit.
In
the
the
so-called
Aided
Municipalities, Pointe
Trembles, Montreal North,
Saint Michel, the program
vides for the cancellation of
and
vances
a
like
and
aux
anc
pro¬
some
accrued
interest
or
the exchange of their
totalling
$5,487,891.09
the Commission for
amount
of
serial
new
4%s
cancellation of old sink¬
the
ing fund accumulations; and the
refinancing through the Commis¬
sion of $1,746,000 bonds of direct
debt now held by the public, with
Aided
Municipalities, amounting
$7,233,891.09, will be in serial
to
palitiees
the
to
annual
that
funds
from
the
of
the
proper
Commission
debt
so
service
charges
of the municipalities shall be co¬
ordinated with their
revenues
that the Commission
so
ceive
and
shall
re¬
principal payments at such
times
will
as
of
amount
the least
financing to
require
future
meet its obligations.
4. Elimination of all uncertainty
to
as
future
debt
annual
service
charges of the municipalities
their existing debt.
on
Provision for economical
5.
ture
fu¬
financing.
6.
Establishment of
ing to
plan lead¬
a
th£ ultimate return of the
three
Aided
Municipalities
to
autonomy.
H. W.
Koeneke, Former
President, Dies
ABA
Henry
W.
Koeneke, \ former
President of the American Bank¬
Association,
ers
died
Ponca
at
City, Okla., on Nov. 17, it was an¬
nounced
of
case
Establishment
the
at
New
York.
Bank¬
American
Association's
ers
in
headquarters
Mr.
Koeneke
was
President of the Associa¬
elected
tion at its annual meeting in
Chi¬
in September, 1941. A sketch
career as furnished by the
cago
of his
Association
follows:
Mr. Koeneke
kimer,
the
had
served
the
1890.
He
having
27,
distinction
of
Banking Commissioner
of Kansas through
as
the
in
born in Her¬
was
Feb.
Kan.,
State
administration
Governors
ferent
three
of
dif¬
during the
de¬
pression years 1929-1935. He be¬
gan his banking career with the
First National Bank of Marysville,
Kan., in 1909 and became Cashier
of the newly organized Herkimer
form and all owed to the Commis¬
at
now
series at 21/z%:
a new
1941, will be
tion
The proposal
forwarded to the administra¬
was
the result that the net debt of the
C
by
the
by
■■v.;-.;.-..,;-;
the rate
of the
Series B
3hV%
has
accepted in
of the pro¬
posed
debt reorganization plan
submitted by Norman S. Taber &
principle the
$19,000,000 representing prior ad¬
replaced by
debentures
(Report that the city had ap¬
proved' a refunding operation was
previously noted in our issue of
payment
borrow
Payment
offered in that market exclusively.
for
in
bentures
;
on
called
to
Series
ALBERTA
1, 1945, as provided in said
bonds, and payment will be made
are
The
"Victoria
City Debt Re¬
funding Act, 1944," passed at the
last session of the B. C. legisla¬
ture, gave approval to the city
at
turn
ment
Reorganization Plan
owed to
District
Jan.
cepted
indicated above.
in
dates and methods for the repay¬
of principal by the munici-
Que.
Suburban
now
1945
-
440,
as
Taber Debt
has
regular decrease in re¬
years), actually it permits
annual
savings in debt charges
were carrying in¬
considerably belo\y
rates
rates
3.
QUEBEC
For
a
terest
the
the Pooled Loan In¬
as
Account,
were
Montreal,
the
incidentally
(which
shown
of
rate
tax
is known
terest
public.
debt
syndicate composed of A. E. Ames
(P. O. & Co., Toronto, Bank of Montreal,
Gig Harbor), Wash.
of Montreal, Dominion Securities
; i Bonds
Voted—At the Nov. 7 Corp., Wood, Gundy & Co., Can¬
of Commerce, Mcelection the voters approved the adian Bank
issuance of $50,000 school
con¬ Leod,. Young,: Weir & Co., all of
struction and improvement bonds, Toronto, Nesbitt, Thomson & Co.,
of Montreal, Bell, Gouinlock &
the count being 1,192 to 453.
Co., Mills, Spence & Co., both of
Seattle, Wash.
Toronto, McMahon & Burns, Lau¬
Bond Call—City Treasurer H. L. der Mercer & Co., both of Van¬
Collier announces that municipal couver, and Gillespie, Hart & Co.,
transportation
system
revenue of Victoria.
%
The new bonds will bear inter¬
refunding bonds Nos. 1,001 to 8,000, dated Jan. 1, 1943, being all est at rates of 21/2%, 3%, 3%%
of the bonds outstanding of this and
3%%
and mature serially
issue maturing after Jan. I, 1945, from 1946 to 1975 incl.
They will
issued under Ordinance No. 72,- be payable in Canada only and
Peninsular
D
discount.
a
net
r
Nov,
city
the
in
lows:
BRITISH
Longview, Wash.
;
bonds at
and
A
Series
new
outstanding
office of the Town Treasurer.
'
the
Nov.
1,
Council is said to have passed an
city
chase
same;
ending Dec. 1, 1944.;
of debentures which matured Dec,
Grandview, Wash.
Bonds Authorized — The
the
the
yield of 0.38%.
Dated
10,: 1944.
Due on Feb. 9,
year
WASHINGTON
issue
Briefly, the proposal is to re¬
fund at fixed rates of interest the
of
j.
Bills is said
Nov. 9, at an
holders of debentures at
;;
became available
of the Depart¬
Municipal Affairs to pur¬
they
as
with the approval
average
to have been sold on
levies returned
1934 and 1943,
exception of a
1938."
:
1934, nearly 21% of the cur¬
levies of Virginia counties
returned
delinquent.
This
funds
ment of
debt of the
debenture
committee
(Dominion of)
Treasury Bills Sold—A $55,000,-
dition of the counties for this pe¬
'■
Voted—The
Bonds
orable trend of the financial con¬
•.
.»»
issuance of
"These figures indicate the fav¬
j
to
cent
cial
Stoughton, Wis.
^
varying purposes have been stead¬
ily increasing from year to year
for the past 10 years."
,
entire
this
of
result
a
Refunding Nears—The
finally, that the funds sent to the
counties of the Commonwealth for
As
increase
VIRGINIA
WEST
1, 1949, in amounts of $1,000
Wright
is¬
new
,
basis provid¬
ing of the $3,500,000 street and
sewer
ing for its orderly retirement over
improvement
bonds
ap¬
proved by the voters at the gen¬ a reasonable period of years. The
eral election.
;
%%, simplified plan of debt maturity
provided for does not involve any
any
Minnich,
the life of the
over
this saving will amount
approximately $3,000,000.
sue,
will be placed on a
after
and
on
multiple thereof. Second
high bid of 101.463 was made by
or
that
Pacoma, Wash.
Dublin, Va.
;
:
included in what
were
State
sion.
lowing
Bank
Herkimer
in
fol¬
the
acquired
Having
year.
a
Savings
for the Autonomous substantial interest in the Ex¬
Municipalities, Outremont, Ver¬ change State Bank of Parsons,
and
dun,
Lachine,
Montreal
East Kan., he became Cashier
Montreal West, La Salle, Mount Vice-President of that institution
in 1917.
Royal, Hampstead, Saint Laufent
In
1929
Governor
and Saint Pierre, in debt service
Clyde
M.
Reed of Kansas
appointed Mr.
charges over life of the bonds
compared with present required Koeneke Banking Commissioner
.
for the State. He continued in the
ments, will exceed $1,670,000.
Savings for the Aided Munici¬
palities in debt service charger
should exceed $100,000 per an¬
which
num,
reduction
should
of
that
result
amount
in
in
s
the
assessment* levied
annual
against
municipalities
including the City of Montreal.
post during the administrations of
Gov.' Harry Woodring and Gov.
Alfred M. Landon,
signed
last
firm
Taber
engaged
was
September to study the ques¬
reorganizing the financial
tion of
Commission
structure
of
which
formed in 1921 for the
was
purpose
and
the
of extending supervision
control
over
the
finances
o.'
14
municipalities in the vicinity
In addi¬
tion to these municipalities, the
City of Montreal itself is included
in the Commission, but the Com¬
mission
has
no
authority ovei
Montreal's finances, although the
City of Montreal is liable togethei
with the other member municipal¬
ities for its proportionate share
of expenses
and debts incurred
and contracted by the Commis¬
of the City of Montreal.
the President
become
of
the
to
Se¬
curity Bank of Ponca City.
Mr. Koeneke
the other member
The
In 1935 he re¬
Commissionership
the
affairs
of the
Association for
In 1936 he
active in the
was
American
a
was
Bankers
number of years.
elected Chairman
of the Executive Committee of its
State Bank
Division, whose mem¬
bership embraces the State-char¬
tered
In
banks.
he
1937
was
elected Vice-President of the Di¬
vision, and in 1938
Mr.
President.
to
advanced
was
Koeneke
was
of
Second Vice-President
elected
Associa¬
at its annual convention in
American
the
tion
Wash.,
Seattle,
came
and
Bankers
in
He
1939.
be¬
First Vice-President in 1940
advanced to President at
was
the annual meeting in Chicago
Mr. Koeneke
1941.
the
civic
fairs
in
as
well
Ponca
was
as
in
active in
financial af¬
City,
having
oc¬
cupied positions of leadership in
sion.
its civic associations and as Chair¬
Mr... Taber,
report,
submitting
attention to
in
called
his
the
other results to be obtained under
fairs expressed the belief that he
could obtain from the bondholders
the program:
approval of the new plan, it is
reported.
Consent of the holders
of 66%% of the debentures will
inated.
one
time
of
the
Ponca
City Community Chest. He retired
from the bank in 1943 because of
debt
have to
at
man
be
obtained
according to
prior to Jan. 2, 1955. On and after
that date all or any parUof the the Ontario Municipal Act before
the proposed plan could be put
new debentures may be called for
Mr. Dunbar stated
redemption, provided that, if a into effect.
part only of outstanding deben¬ that, in the opinion of his depart¬
to the
tures are to be redeemed, they ment and having regard
shall be called for redemption in future, a proper refunding plan
would be in the interests of the
reverse order of maturity.
It is estimated that, as a result citizens of Windsor and of the
of. the refunding, an annual inter¬ debenture holders.
est saving of from $50,000 to $60,Authority would be invested in
000. will accrue to the city, and the city council to
use
excess
<qn-.•.•••
failing health.
Simplification of; the existing
structure so that it may be
easily understood and so that ex¬
cessive bookkeeping may be elim¬
1.
term
Hundreds
of
issues
of
requiring sink¬
ing fund computations every sh
months, are to be exchanged for
one
2.
bonds,
now
issue of serial bonds.
Establishment
interest rates
Commission
Will
enable
on
the
municipalitier
Commission
tc
balance its annual income and ex¬
For
number o'
pense
account.
years,
certain loans to municipal-
a
surance
ber
of
as
manager
of the In¬
Department of the Cham¬
Commerce of the United
States in order to reenter private
industry.
of
equitable
all loans by the
to the
Hardesty Retires
Paul L. Hardesty announces his
retirement
He will start immedi¬
long-deferred vacation,
its completion will en¬
ter upon his new plan.
Mr. Har¬
desty was appointed to the Cham¬
ber's
Insurance
Department in
ately
on a
and upon
1941, and assumed the manager¬
ship in 1942.
the commercial &
2344
Our
USE 8-POINT PLAN FOR
wide
financial chronicle
fighting men kill have a
long way to go! But-your plant-
selling of the 6th can do
much to shorten their embattled
willingly pay for victory! Join
miles-lessen the
the coast to coast
AN OVERBOARD DRIVE
price they so
parade of patriotic firms that are assuring an
6th by following through on
"overboard" showing in the
IN THE 6th WAR LOAN!
every
point in the
8-Point Plan.
NOV. 20th TO DEC. 16th
t
Make definite Assignments to
rolling by appointing a 6th War
Start the ball
those best equip¬
speeches, rallies, com¬
progress boards and meeting schedules.
ped to arrange music,,
™ loan Bond Committee, representing labor, man¬
petitive
agement and other groups.
Issue Individual Pledge
Carry
ably
a
on
by selecting a Team Captain—prefer¬
name
returned veteran—for every 10 workers.
Right at the start, establish a Quota
cash and installment
Bond
has
..lighting importance of their work —
sales methods—and need for
of
<
•
*
*
!
purchase.
a
subscriptions. Your
Give
"overboard" War
State Payroll Chairman
special Resolicitation
into action near
effective
Plan for you to put
the end of the campaign.
generously of your Advertising
drive home
the War Bond story.
Order.
The Treasury Department
r
TbhtSGK
high-
painstaking study
Treasury Booklet, Getting The
Cards—made out in the
and providing for both
Resolicit! This is the secret of
for each
department—and every employee.
Arrange frequent Meetings of Captains,
of each worker
the publication of thes message by
financial chronicle
acknowledges with appreciation
the commercial
and
eftciatU. 5. Treasury advertisement prepared'under the auspices ofTreasury Department and
War Advertising Council
Space to
@FedFRASER