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NOV 2 9 1943
MONDAY
G/nmetctm an
Reg. tv S, Pat.
Volume
158
Number
New
4233
General
RAILROAD
Abraham &
permit,,
Straus, Inc.—Annual Report—
six
(incl.
of
sales
and
leased
Depreciation.
ri—
—:
Other
—v
_
"While
these
funds,
estimated
definite
no
commitments
at
approximately
be
can
made
five
28,420
time but rather to
tion; of .annual earnings
381.398
future
as
distribute
of
the
Statement
to
which
(!l):
profit
Provision
Excess
—I—$2,576,351'
—
for
Federal normal
profits
and
tax
surtax—
at the
regular
distillers
market
,
dried
normal Times
;V-;;
Statement of Profit and Loss of
company
tax————..
profit'
/—
Preferred
'—
,
dividends
Allied
Earnings per
-V.
■■■:,.
■
*
$6.35
_
"
U.
Gross
Gov.
Customers'
Real
inventories
debtors
estate
hand.
on
—
■——_—./
used in
not
6,251,105
726,472
etc.
1—p
J
i—i
-_
Boston
420,694
1
1
*.
payable—trade
Accrued liabilities:
Salaries
and
Federal
taxes
Other
taxes
income
•162,927
2182
Stock;Exchange—,
lo-yearr&U-
notes;
1950
.500,000
—_
4V5
preferred
Common
1,900,000
—
(155,155
'
Total
-V,
stock (par $100);
shares no par).——
stock
surplus
Earned
—
See Standard Oil Co. of Ohio below.—V.
The
Allied Mills, Inc.—Proposed Sale of Century Distilling
Co. to National Distillers Products
In
held
action
Dec.
the
-1943,
8,
notice to
for
the
Nov. 19
Corp.—
stockholders of
J,
B,
DeHaven,
said in substance:
Stock and Bond
is summarized
as
securities.
capital stock
$17,750,000
from Century Distilling Co
4,650;000i
Payment of indebtedness due by Century Dist. Co.
4,600,000
to
years
based upon the
above
pro¬
\
its livestock feed and soybean business, which
-
it
by the outbreak of. the
wai;
was
capital "stock
G.
Atwood, Peoria,
■
'
fr',
70,727
70,727
$662,249
$4,175,315
$4,837,56 3
1,233,7.76
1,238,77^
$662,,249
$5,414,091
800,591
$6,076,34.1)
.800,524
671
071
paid SI per share
purchase ,price over rec86' treas. shares.^,
value of
.
TAlHe(I 3Iiils, Inc.,'Parent Co.), June 30, 194J
■.
.
i
,
2_—
.796,7!) (
"3;548.on!)
22—^1
excess
profits tax, estimated—1
■,
'
Prepaid 'insurance, etc.—
Advances
fa'Subsidiaries:
; Century Distilling Co,
other high grade
:• .♦•
receivable———j.
•
-
.
4.299;57,l
1,914,3-A
__j_
will not
Investment;in.subsidiaries:
.
Century Distilling Co
1,000,000
Other
Other
£48,31.')
110,1:1}
'
cio,;-!/)
investments,
less
reserve—
Plant and
-•
*
4,397
Total
Note-payable
■
-
*
Distilling Co. is opposed
stockholder who pas made the
Due to
2,040,130
i_,
-
$14,573,160
'
•
■V
a-.—z___-
payable
4—u_
,v.._2—_:
,
.
—.$11226,637'
2—
Accrued liabilities
Provision
of Century
—L—,2—-f—
__r_—
Liabilities—
-
»
equipment; atj/cost--^
for. Federal
—i
"139.52:)
2
•
,
subsidiaries—^—
197,49J
.
'*3,033,900
'excess profits taxes
111.,
,a
•
,T
—:
byi
distillery increases the profits
business,'.'....
« ...
" '•/•'
to
.
as.
Statement
Tory
each
a.
Allied
makes
•
J •;
•
.
out* the
on
Total
■■
«
in .storage,
*
it
is
certain
n^bessary
amount
of
to
increases
course,
•'
in
.
two. leading brands
withdraw
whiskey,'and
from
the
of
inven-.
'
said increase .in
by the value-of
r
$14,973,130
__—
After deducting U. S.. Treasury-noles.tax
tRepresented by 800.589- no par shares,
following with,
-'™
-♦
(1):' Whiskey
images, but in order to keep alive.
month
that
;
Cost
'sales
of
salek
•
.
and"*gelf; expk/^
paid t
l_f
Provision for+iii.g.i,kbc lossesz—ifiUi
-
*
'• 65,347
4,.' Balance -—,—1—T1——1_1
excess
♦proffts*
tax
credit
computed- either under
-
the. income-or
I
1,013,57.1.
'
23,470
..
80,000
""*14,"8^,* *'. **"1,033
....—;—
.V
"$2;502',800
;"As ,to>:Statement .(J): In . the past ■three'years. Century Distilling "
Miscellaneous,
iricome"—TTr—TT-TZ1'''*
.7)846
Co.*; has,contributed -abdut. 30of the corisoiidAted earnings of Allied
Mills,,Inc^ HoweveW,the,earnings of.Century Distilling Co. are running •
Total
'
$2;5l0,646
lower/f or, the current; year'arid, will approximate about 20% t-p- 25*%,/
of, the'consolidated .earnings of Allied
Mills, .Inc.
tinder the present-"* '^'t^or^FedJ^conffe121065,865.
fates.' of .''taxation;- .there' .is'Tittle likelihood of
^ost-war Refund- ©t-exc-,- profits •t-a.'y. Crl86,012
an increase in/the*" ne.tf. '
profits' of *-OeritiliY Distilling1 Co.; ' as that /company lias n relatively
small
w
3,987:q2!>-
,56,024'
.
.
■
' 1,128'. 440
'-'833,052
Interest
"S1iridry'_jaitsceUan£o^
19-xl
•
It————'' T3,690$77.' 14.213,157-
—
-Net,.profit'.^!—-Tsrs.-_«y •"•■$630',793
-.-0.O5L
—.i
«...
;
.
program
.should'
1942
$17,lT2",8'88 $17.284,355-$10,:753,03.7
v
Advertising, selling
value, of ythe remaining whiskey is more than offset
the/whiskey withdrawn each month ('or the. purpose stated, "with' tho
result.That at theiend of. each month*
the: aggregate value of the then
inventory/is lower; than - the, aggregate1 value of .the
inventory as -itt
existed-at the beginning of such month. •». •
•
:
/
Distilling Co*
30—1943
•——
and C of $460,03'X
,
Statement of Profit arid Loss'of
Century
Years Ended June
Net
series A
,
.
interrupted
♦.
*
$699, m:
t
the'
Century/Distilling -Co.,
men-
but-it is-believed,-that when Conditions
feed
"As
is believed
The carrying out of this program
'
—
value
be realized from this
most profitable.
■
11,545 treas. shrs.
Balance Sheet
expansion'of the business of
,
..
be
,
♦
.
for
or
that all the funds
The management of the corporation
points
respect.to The statement of Mr. Atwood:
'
transaction, with the exception that
the' present -outstanding long-term-indebtedness of Allied Mills,
Inc.',
in-the amount of $1,226,667, will be retired;.
.
14,
.
the
t,./'"The company-has-had-under -oopsideratioh -an-expansion
Harry
its
.
to
...
conduct and
stock.'
common
of the
sale
product-of
present unsettled• conditions resulting from "the f'\var,.
priorities, allocations of material, labor conditions, governmental' reg¬
ulations and
restrictions and .the .many other, well known existing
factors, it is impossible to determine at this time the disposition of
the cash
♦'
806, VA
.
taxes)
-a'period of approximately 27
"Due
I
■
/ stoned average annual earnings of $469,818.
■-
806,474
rec¬
■
a
equivalent to the average annual earnings of
Century Distilling Co, for a period of approximately 22 years based
upon, the above, mentioned average annual earnings of $574,485 and
"for
1,235,556
$o,
...
.
■'■
over
,
,and sale of alcohol and whiskey. During the past three years,
annual earnings' of Century Distilling Co. amounted .to
$575,4.84. For each of the seven years ended June 30, 1943, the. aver¬
age annual earnings of Century Distilling Co. amounted to $469,818.
"As a result of the sale of the capital stock of Century Distilling Co.,
Ihe company will realize in this1 year a profit tafter provision for
income
$5,052,516
1,233,556
.
32,90!)
Reserves for inter-co.fprofit in merchandise irivt. of .subs,—
' 61,130
following statement:
Reserve, for" contingentles
99,71 if..
"I believe Century, should be retained
by Allied,Mil|s„ InCi, for the '
Reserve for-insurance _>—•
52,460-'
following reasons: (1)7 The. distillery with its large amount of whiskey *
Conimon Stock _'.
—__r
;
—7
'■ 41864,591
storage is daily 'increasing in "value and is a splendid'inflation'hedge?
■Earned surplus t
1
I
" 4,612,92:.).
(2) In the past it has contributed
approximately one-third Qf. Allied's. "
.Initial surplus.
—•
_4_iill/;' 662,250
earnings, arid the future -has-bright.,possibilities;
(3.) The feed.,
by
average
Federal
of
price
"-^Assets1—■
Sale of' Century Distilling Co. Opjposecl-^
duction
the
$662,249
812,220
•
$4,479,210
$3,816,960
—
.
orded
corporation-has 1 approximately 5,500 stockholders.
It has re¬
the firm of Georgeson & Co.. of New1 York, N.
Y.,. to. .assist in.
solicitation^ of proxies. '
The
;
flection with this sale.
:•
$662,249
•
Accounts
as
,iQ4-*pq;:
.
812,220'
1941__.__„_
year ended June 30,
purchase
value
Excess, of
tained
the
Allied Mills,-Inc., will be subject to' Federal'
approximately $4,600,000 Upon the dividend received
and the profit arising from the sale,'so that the net cash proceeds
.after payment of such taxes will amount, to-approximately $22,400,000.
; "No brokerage or commission will be paid by the company in con-
1933,
in'the
'
Deduct* dividends
of
The
-
of
.."Century Distilling Co. was organized In November,
wholly owned subsidiary of Allied' Mills, Inc., to engage
of
Total
2160
Banks
.
$4,629iBl- •'$5;29i'/4&0'
6,$662,249
1,
..a:
1,044,782
.,••
r~~—-
_
estimated" that
tuxeS
$4,216,64:4
$3,584,393
•
System
,
proper
Int.,)
Total.
Averages.—|.—.—uJ.v.-t217,l
.
for the
Allied Mills,
Earned
Surplus
.
Total funds to be received by Allied Mills, Inc.— $27,000,000
is
.
tof
$662,249
,
Balance, July 1, 1942.———'..
Arid, net profit, year ended June 30,
the^ company; the unneeded funds will be paid to the stockholders."
All holders„of record on Nov.
20/1943, of common stock, which is ■
the only issued and outstanding
capital Stock of Allied Mills, Inc.,
Are entitled to vote at this meeting, .The
corporation has outstanding^
.
"It
.
1943
30,
'
J—...'...—.
orded
of Federal
Member
the future the management finds
800,589 shares of
Dividend
income
in
"If
follows:
Proceeds of sale of
Excess
2160
temporarily invested in Government bonds
be necessary
June
1940....
.Post-war refund Of
sale, Century Distilling Co. will pay a dividend in an
equivalent to its surplus as of Sept. 30, 1943, estimated at
approximately $4,650,000 to Allied Mills, Inc. After the sale,' Century
Distilling Co. will pay its. indebtedness to Allied Mills, Inc.,' in the
amount of
approximately $4,600,000.
As a result of these transact
fcioris, j'our company will receive the sum of approximately $27,000,000,
$1,044,7$:)
Deduct, dividends paid, $1 per share
:
will be
$1,235,556
$1,238,775
Years Ended
^
Inventories'
amount
which
3
•Notes and' accounts
,prior to the
'
Reserve
470,733
-profit, transf, to surplus.
Total
...
of
1,387,152
"
Transactions (N. Y. Curb Exchange.....—.2171
approached in August, 1943,- by National
unsolicited proposal to purchase the
capital stock of Century'Distilling Co.
After extended negotiations it
became apparent that a sale at- an attractive price was possible.
"The directors have, vMrt-fore, entered into a contract, which by
its
terms is subject to
stockholders' approval, for the sale of said
stock to National Distillers Products Corp. and its associates for the
approximate sum of $17,750,000. ^.The contract1 further .provides that,
Products Corp.-with, an
3,474,571
Deduct, dividends paid,'$1'per share
_..._.u-ir.D__2160
Transactions N. Y. Stock Exchange _——2171
" ;
_
Federal
/.
President,
vThe management was first
Distillers
2—
Condition' Statement
$1,515,51:>
and
Bank Clearings——....^2188
Reserve Banks
p
special iriecting
of considering and taking
entire capital stock,of Century
59,933
$2,622,708
estimated
ToLail..'rv.p.2.-.
2187
—
Rates
Combined Condition Statement
,
a
of
income
72,009
$4,422,367
Federal
Balance, July 1,
Exchange.^......—...2185
Foreign Exchange
purpose
the proposed sale of the
Co., a wholly- owned subsidiary,
tipon
Distilling
on
with
connection
be
to
Course
57,18'i
$1,575,453
$2,694,717
Add^net profit, year ended June 30,
Redemption Calls & Sinking Fund Notices_215L
Dividends Declared and Pajable....
—2154
158, p. 1933.
392,073
$1,518,267
-
_
General Corporation and Investment News.2149
State and City Bond Offerings and Sales—2199
Adams Oil & Gas Co.—Sale of Properties—
129,634
Initial-
Miscellaneous Features
1525.
p,
for
1942
1,4Q5.325
$2,592,359
102,353
$4,507,280
84,913
...
profits taxes,
Balance, July
Add. net profit,
8,043,133
$4,377,646
Surplus
2184
Over-the-Counter Markets
$15,661,384 $16,504,233
....
158.
....
Surplus Account,
'2,000.000
1,405,325
8,510,715
—
x—2184
....2184:.
68,667
for possible additional assessments of taxes
1,230,840
460,004
■'Before deduction of $42,667 realized by debt retirement.
2,350,000
110,340
Net
Toronto Stock Exchange-—Curb Section.,—2187
"'.983,000
1,950,000
_
Toronto Stock
67.372
$3,141,784
1,467,020
Cr290,980
/-_i2184
—
—
96,190
,
excess
Montreal Stock Exchange.......2185
Mont real Curb Exchanges.^-^.......L-^2i85
188,492
"125,084
;—v—
Provision
—--—2183
i
$4,519,333
525,776
—
—2183
St. Louis Stock Exchange.—
105,690
433,2*4
ij 84,496
—.a-——
-Notes;:#gvable to bank. 2'if. 1945_*.——
Res.
'
•
189,564
.........
—
$763,420
119,970
(net)
——^—ir*.,.—/
-Misceilanoous
Sundry .creditors
,
i
—J,
wages
on
$602,963
—.
'•
i
.
Balance
2183
Philadelphia Stock Exchange—*.—
Pittsburgh Stock Exchange......
Inabilities—
Accounts
2182
—,
Los Angeles Stock Exchange
$6,797,076
...
expenses.
deductions..........
Miscellaneous ;
Exchange.——.———2182
Stock Exchange
Detroit
$15,661,384 $16,504,233
—
2,745,643
1.893,653
——
admin,
2177
Chicago Stock Exchange
57,118
4,561,131
_
Stock
and
———
216Y
Cincinnati Stock Exchange——
Cleveland Stock Exchange
836,987
244,479
———404,790
charges
Baltimore
125,708
4,293,985
.
Goodwill
2,2~9f815
3,480,238
152,983
operations——————
Miscel. investments, advances and deposits,
Fixed assets
Deferred
2,072,465
—
—
profit
Operating profit
Miscellaneous income..............
Page
New York Stock Exchange.——-.
New York Curb Exchange-
$1,959,674
._2,502,298
...
—...
-y'.'yy-
1.942
$1,783,673
eostA—
receivable.
accounts
Merchandise
Sundry
deposit and
securities,'at
1941
4,453,083
$38,474,737 $25,841,643 $17,122,060
31,677,661.
21,322,259
13,930,870.
expenses
General
Quotations
July 31,
1943
demand
on
S.
(Parent Corp.)
1942
6,807,084
sales
Selling
Stock and Bond
July31,
Assets—
Cash
Cost- of
Issue
543,042
$6.40
This
In
Comparative Balance Sheet, July 31
■
Mills, Inc.
95,000
543,042
share
common
Allied
to
$31,667,653 $21,388,557 $14,377,0:"/
—
Subsidiaries net sales.—a--——
$1,080,497.
92,625
—
dividends
Common
sold
362,000
—$1,086,351
—
Century Distilling
Are
1943
Outside net sales
543,000
-■
:u»
just as readily from
Upon consummation of the sale, continuity of the supply of thesp
distillers dried grains at ♦current market prices has been
provided for,"
$1,985,497
360,000
1,130,000
grains,
earnings
price and could be purchased in
outside sources at the same price.
Total sales
Net
Copy
a
its
of
The feed by-products from
principally
are
Inc.,
Mills,
policy in. the
■
business
Co.,
any
larger propor¬
a
dividends than has been the
past.v.
"Thef funds not presently needed in the
"As
dividend
pay
proportion
capital method.
A very large
subject to the 90'b excess profits tax.
Years Ended June 30—
Net
60 Cents
MISCELLANEOUS
-
invested
to
not to
to
as
intention of the management
special dividend at this
56,295
_
of
million
policy, it is the present
364,631
86,110
83,618
____
deductions
_
25,:
>,259,771
356,034
304,393
and repairs >_
I—,
indebtedness, amortiz. of debt disct., etc.
on
1942
27,750,970
Maintenance
Int.
portion
a
INSURANCE
-
dollars, can be advantageously employed in this connection.
addition,the necessity for seasonable loans will be eliminated,
which for the present current year
already amount to $5,200,000.
departments)— $31,157,476 $28,076,012
expenses..
INDUSTRIAL
-
In
1943
sales
Not
Price
Corporation and Investment News
Comparative Income Account Year Ended July 31.
Cost of goods sold
York, N. Y., Monday, November 29, 1943
PUBLIC UTILITY
-
Office
•' $1,800,695
.*'••
6,140
.$1,306,336
'$727,33..)
--
••
,.
.'
•
*. 1,192,280' "
''
-
••
13,200'•
$740,53:1-
'"259,4:i;|;
' y
$614,557-'
'
$481,l;i-y
-
'
.vV
2150
THE COMMERCIAL & FINANCIAL CHRONICLE
■
'
,
'
.8
■
iv;Consolidated Balance Sheet, Sept, 38,. 1943
t «•
•>.-
v
-
,y
•
•' 1
„
banks
in
Assets—Cash
"
Assets—V
80/1943
SheeMCentury Distilling Co.), June
Balance
on-hand,
and
,
.
obligations of the
$3,448,672;
Instrumentalities, at cost, less amortization of premiums,
accounts receivable, U. S. Government, (less reserve), $2,U. S. certificates of indebtedness-—-----—
;
793,796 \ 979,886; miscellaneous accounts receivable ahd claims, $861,582; invenNotes and accounts receivable_-i.—i—-------——*~~Z
4,851,781 v tory, $74,665; U. S. "Treasury bonds (deposited with Treasurer of the
Inventories
—/i~-—r--—i-i-United States-as collateral under lease agreement), $50,000; right to
>186,012
Post-war refund of excess profits tax, estimated—-—i—receive
post-war'refund of exCeSs profits tax,'estimated," $516,600;
243,327
Deferred charges
—1--——
—-"
mixed claims awards receivable (less reserve of $2,294,258), $1; invest1,673,987
Land, buildings, machinery, etc.--—-—,——1
ments in stocks of other'companies, at or below cost, $686,064; assets
allocated to insurance fund, $1,150,000; vessel replacement fund assets,
Total
-j—--————
—•-—$9,901,652
deposited in banks to the credit of United States Maritime Commission
Liabilities;-/! :
and American-Hawaiian Steamship Co., joint account, $5,914,000; cost
$94234
Accounts payable —
—-r———
—
less depreciation of vessels lost or requisitioned as to title, for which
Accrued liabilities J_
———131,279
compensation is due from the United States ! Government, $202,799;
U.
$1,150,442
1,002,306
and its
S.
$6,256,771;
\
,
,
'
-
"89,216
Provision for Federal income and excess profits taxes, net—
to Allied Mills/inc.—u--——— ,'
insurance
contingencies-^—^—,/
335,056
Capital stock (par $100)----—-----—1,000,000
for
Surplus——————
3,952,295
—-----
S. Treasury notes tax series A and
depreciation of $1,376,276.-—V. 158, p. 1821.
$2,010,010 U.
*After
for
reserve
.
12 Months
' I
Ended Sept. 30—
income
Other
—
;
-
income
deductions
Incofne
4,093
The
=
158,
previous extra, one
1933...
p.
3,069
$6,585
of
dividend
a
$1
per
share
holders
outstanding common ;stock,
payable Dec.
10 to
Nov. 30.
This is equivalent to $3 per share- on
the
on
record
V
V.
1
Plant
air
and
1942,
month
a
year
mail pound miles flown
ago.—V. 158, p. 1725.
were
Net
than October,
above the same
Claims-
allocated as a credit, making the total settlement $1,173,computed to Oct. 30 last amounted to $1,442,678.
has been in litigation for several years, the present
action being instituted by American Bemberg Corp. against Alegmeene
Kunstzijde Unie, N. V.,-and the State of The Netherlands to obtain a
"declaratory iudgment fixing, the amount of the claims .in dispute.—
V. 158, p. 1437.
" '..v:.':
•
'
..V/- ' Y./'^'
■
p.' 542.
Standard
&
Sanitary Corp.—Earns.
entitled
6,890,000
/ $3,446,035
$3,204,233
profits taxes
:_T
share
common
the
$0.29
$0.32
—
period
current
dividends
Net
Sept. 30—
from operations
profit
Provision
for
and
income
excess
in
the
4
2_
profits
share,
per
'
common.—
has
Note—Deduction
4,233,701
5,991,100
for
$1,295,525
$1.57
$1,571,265
$1.95
-
—
made
been
depreciation
other
all
and
profits taxes.
Provision for
income and excess
taxes for the 12 months ended Sept. 30,
1943 has been made on the basis of the rates fixed by the applicable
revenue
acts of 1942.—V. 158, p. 452.
/
'
'
- ,
and
income
profits
including
charges,
excess
Presidents:
and
R.
Hardy, President, announces that at a meeting of the
held on Nov. 18 the following were elected . Vice-
J.
directors
of
A.
A.
Williams.—V.
A.
D. Campbell,
158, p. 2037.
*
;
Bogading,
E.
J.
V.
A.
Scheckenbach
Arkansas-Missouri Power Corp.—Earnings—
Fed.
directors
the
on
15,
This
30.
V.
stock,
common
Nov,
July
157,
35
with
Net
E.
—V.
Dec. 15 to holders of record
each paid on April 15 and
May 21 and Oct. 1, 1942.—
v'
:'Y,'
.
1
15,
"'•/'•/•
1942
income
dividend of 50 cents per share
the common stock, payable Dec. 13 to holders of record Dec.
1.
similar distribution was made on March 13, June 12 and Sept. 13,
on
A
Nov.
17 declared
Sale
of Three Street Car Lines—
for the
Valparaiso and San Bernardo, Chile, it was announced on Nov.
These three systems are owned by the American & Foreign Power
tiago,
23.
Co., Inc.
;
-
announcement
The
said
$223,626
$239,857
excess
profits taxes have been
■
The
declared
19
extra
common
of
a
dividend of 35 cents
sh^re
per
Cents—
bond's
would
$3,000,000
be used
to
buy
new
roll¬
ing stock and
the rest foi; cash payment.
C. E. Calder, President of the company, stated that negotiations for
the sale of his company's street car systems in Chile had been re¬
vived.
He added, however, that such discussions had been "on and
off"
for two
and one-half years without anything tangible develop¬
15
cents
dividend,
record Nov.
per
share has been
declared
on
the
previously
is-payable
declared,
.DectJ*l to
on
15.
Payments during 1942 were as
each; and Dec. 10, 20 cents.—V.
follows/ May 25 and. Sept. 1, 15 cents
158, p.
1630.
Electric Co.—Weekly Output—
Associated Gas &
trustees
ago.—V. 158,
Associated Gas & Electric Corp. report for the
of
2039.
p.
,
ing to date.—V.
Associated Gas and Electric
Denis
their quarterly
158, p. 2037.
•
/
tion
9 Months Ended
Sept. 30—
revenue
Operating
expenses
Co.
(& Subs.)—Earns.
1943 „ '
1942
$6,401,545 $14,800,070
3,870,374
9,047,287
./
:
——
depreciation).:.
(excl.
Other
Total
for
depreciation
for
575,488
$6,328,272
206,029
1,753,000
345,057
250,000
4,455,000
Crl32,000
Cr400,000
.
income
Provision
327,934
:
...
Provision
$5,752,784
$3,859,105
credits
$2,531,171
'
contingencies
Prov.
for
Estimated
Fed.
income
and
-
____________
excess
profits
taxes
post-war refund of excess profits tax'
profit
Dividends
Earned
paid
per
$1,032,075 '$1,678,215
"—l
share...
^
...
956,400
962,100
$2,43
$3.94
L.
Corp.—Trustees' Report—
trustees, have suljipitted
Thorp,
the operation of the business of the corpora¬
subsidiary companies)
to the Court.
The
following:
advance
appreciable
begun
were
Aug.
on
was
23,
1943, and were
provisions of the
concluded on Oct.
13,
plan were clarified by
an
amendment filed by the trustee of AGECO and
the trustees of
AGE Corp.
with the Commission, the principal effect of which was
to make specific provision for the. treatment of the 8%
8-year gold
bonds of AGE Corp. and for a senior bank loan.
1943.
On
The
of
Oct.
plan
the
e
debt,
to
be
of
AGECO
8%.
of
to
not
to
and
8-y5ar
10-year
AGE
gold
of
The
•
amendment
AGE
Corp.
a
assets
proposes
receive
new
the surviving company, to be
$15,000,000 principal amount of senior
debnntures
exceed
Corp.
bonds
forth
in
loan
of
of
date
the
does
AGE
and
'
to
are
be
entitled
from
$100
on
July 10, 1943,
which such
is the basis upon
This
the
$7,500,000 is to mature in five years
plan and is to be amortized in five
/.
...
■■
,,
change the proposed treatment of holders
.
not
Corp.
above.
common. stock
in
accordance
compromise.
for
other
securities
Corp., mentioned
new
plan,
by the plan
In
with
the
than
8%
the
surviving
the
ratios
.
the close of
At
that
the
the
that
consum¬
on
;
.
.
=
_
Commission's hearings
Commission's
proposed
changes which have become appro¬
priate since the plan .was filed.
lated
set
as
it is estimated
7,500,000 shares of new common stock will be outstanding
of the plan of reorganization..
The amendment also covers minor
securities
company
previously
amendment,
gold
8-year
of, other
Holders
the
of
mation
staff
the plan, it was stipu¬
on
submit
would
findings
proposed
the plan by Nov. 16, 1943; that interested parties should submit
proposed counter-findings, with supporting briefs, by Nov. 29, 1943;
that
reply
of Dec.
week
The
briefs would
be
Dec.
due by
6,
It is anticipated
the plan during the
1943.
will hear oral argument
on
1943.
6,
plan cannot become effective until it has been approved by the
the Court, and accepted by the requisite percentage of cred¬
SEC
and
itors
of
each
creditors
this
On
The
future
a
plan,
date.
approved/will be submitted to
is required by
creditors at
!
action
,
the Hon. Frederick E. Crane, who had been desig¬
special master to determine the fairness of the
1943,
by the Court
as
filed his report, findings of fact and conclusions
for compromise,
with' the
law
thus
as
No
.
Sept. 3,
plan
of
class.
at
time.
nated
Court.
his
In
Judge
report,
Crane stated
that,
in
his
opinion, the proposed compromise is "fair and reasonable and in every
This report is now before the Court for confirma¬
way desirable."
and
the
by
the
promise
the
for
made
The
Court
has
consideration
prompt
heard
oral
of
and
argument
on
until
SEC
decided
not
&
Electric
New
York
Gas
Commission
the
aiter
has
Rochester
tion,
been
Court.
the principal question raised by this motion—namely,
Court should defer it sconsideration of the recap com¬
whether
Court
has
motion
a
report
received briefs
of
rendered
has
the
motion
its
decision
this
at
the
on
plan.
time.
Corp.—On Oct. 21, 1943, the Public Service
issued
order
an
with
reference
to
corpora¬
subsidiary of NY PA NJ Utilities Co., which found the original
certain water, rights of Rochester Gas & Electric Corp. to be
a
cost'of
$767,828,
carried
less
$3,832,171
or
the
on
difference^ of
than
the
corporation's books.
$3,832,171
be
charged
$4,600,000
which
at
they
The Commission ordered
earned
to
surplus
were
that
of
as
Dec.
this
31,
and also ordered
NY
Utilities
NJ
PA
mission's
decision
Co.,
and
the
of
$7,500,000
determine
to
/!
trustees,
action
what
Financial
Sale
Public
Panhandle
of
Service
the
studying
are
distribution
Co.,
Service
subsidiary
a
\
is
appropriate,"
Com¬
;/
:;/
/•
,
>
Co.—On
in
the
Aug. 25, 1943, Panhandle
Associated Electric Co. sub-
sold all its physical properties, consisting of an electric
holding group,
Northwestern Electric Cooperative, Inc., for a
base price of $175,000.
The Court approved this sale by order dated
Aug. 4. 1943.
'
•
'
Subsequently, Panhandle Public Service Co. called for redemption
$173,500 first mortgage 5% bonds, owned by Associated Electric Co.
Associated Electric Co. received $174,801 in full payment thereof.
system,
to
Electric
Jellico
of
Sale
Distribution—On
Aug.
18,
1943,.
Tri-City
in the Associated Electric Co. subholding
generation and distribution system serving the
City of Jellico, Tenn., and the Town of Jellico, Ky., for a base pirice
of $60,000.
This .transaction was approved by the Court on. Aug!, 4,
1943.
The information that had been filed in the Chancery Court of
Co.,
sold
Tennessee
tric
subsidiary
a
its electric
alleging discrimination in the application of rates for elec¬
to Jellico, Tenn., consumers has been withdrawn.
service
Sale
of
Tri-City Utilities Co.—On Aug. 20,
1943,
Associated
Electric
Co., a direct subsidiary of AGE Corp., sold to the City of Frankfort, Ky.,
all the then outstanding common stock of Tri-City Utilities Co. for a
price of $1,200,000,
assets of the
plus $15,375,
companv
as
at
representing
April 1, ly43.
adjustment
for
net
All such proceeds,
aggregating $1,215,376, were deposited by Associated Electric Co. with
Guaranty Trust Co. of New Yorx, as successor trustee under Asso¬
ciated Electric Co.'s indenture dated April 1, 1926, in accordance with
the requirements of
the indenture.
In addition, Associated Electric
Cc.
received
the sum of $23,500 representing interest
on
the base
purchase price, at the rate of 5% per annum from April. 1 to the date
of closing.
This sale was approved by the Court on Aug. 13, 1943.
Prior to this sale, Tri-City was the owner, in addition to the Jellico
distribution, of an
electric and
water
distribution
system serv¬
City of Frankfort anfl environs, water distribution systems
the municipalities of Irvine, Ravenna, Hawesville and Pem¬
broke, gas distribution systems serving the municipalities of Bowling
Green, Russellville and Hopkinsville, and an electric distribution system
serving the municipalities of Franklin, Auburn and Woodburn, all in the
State of Kentucky.
' /"
Y''
The agreement of sale between Associated Electric Co. and the City
of Frankfort provided-that on the day of closing Tri-City should own
the
ing
serving
only
and
City
electric and water distribution systems serving Frankfort
Therefore, in order to make possible said sale to the
the
vicinity.
of
Frankfort,
Owensboro
to
Gas
Tri-City
Co.,
a
on
Aug.
subsidiary of
17,
1943,
sold
Associated
and
Electric
transferred
Co.,
all
its
systems; sold and transferred to K-T Electric and
Water Co.-.(a
newly organized subsidiary in the Associated Electric
Co. subholding group) its Franklin-Auburn-Woodburn electric distribu¬
tion
system,
and all its water distribution systems; and sold and
gas
distribution
transferred certain other miscellaneous assets to Associated Electric Co.
This
sale
approved by the Court on Aug.
13, 1943.
Utilities Co. the successor
Electric Co. indenture purchased, pursuant
to invitation of tenders,
$920,700 4V2% gold bonds due Jan. 1, 1953,
of this company, at a total cost of $708,608, and $616,000 of 5% gold
bonds due Jan. 1, 1961, at a total dost of $483,572.
Such acquisitions
and the consequent retirement of the bonds, resulted in annual interest
From
trustee
was
the
proceeds of the sale of Tri-City
under
Associated
savings of $72,681 to Associated
Public
a
Service
subsidiary
Gas
Electric Co.
Co. and Sale of Eastern Shore
1943, Pennsylvania Electric Co.,
Associated Electric Co., acquired from The United
Improvement Co. 4,375 shares of common stock of Erie County
Acquisition
of
bmk loan in the ■" timated amount
at the time of consummation of the. plan.
including
made
the
provides for a surviving company to take over the
tates
that, holders
subordinate
1943,
11,
unsecured
Net
Willard
made in the program concerning the
plan of reorganization which was proposed by the trustees of AGECO
and
the trustees of AGE Corp. on'" June
14, 1943.
Hearings before
a
trial examiner of the SEC on the fairness and feasibility of the
An
plan
'
,
of
that
the
affords
and
report on
(including
report
American-Hawaiian Steamship
Operating
Driscoll
J.
annum
plan.
instalments.
receive
electric
.
week
ended Nov. 19, 1943, net electric output of the Associated Gas & Elec¬
tric Group was 142,031,867 units (kwh.).
This is an increase of 13,552,720 units; or 10.5% above production of 128,479,147 units a year
The
AGE-Corp.
of
by the jilan for compromise which was proposed
bank
effective
of .AGE
are. to
current
stock, payable Dec, 10 to holders of record Dec. 1.
Distribu¬
10 'cents each were made on April 15, June 1, Sept.
1, last,
similar
a
of
bonds
per
the
of
date
amendment
Utilities
stock, par $1,'ant} the usual semi-annual dividend of
dividend
4%
of
rate
proposed
AGECQ
base
An
c6n-
are
formula set forth
a
•'
gold
8-year
recognized
annual
group,
Corp.—Extra Distribution of 15
Artloom
8%
the
at
the
from
com¬
;
' t
share was made on the common stock on June 16, last, as com¬
pared with 35 cents on Dec. 15, 1942, and 25 cents on June 16, 1942.—
V. 157, p. 1804, 1645; V. 158, p. 736.
street car systems of the Cities of San¬
purchase of the
Nov.
on
debentures
the
'• T
period.
effective
the
equal
per
$6,000,000 loan will be floated among United States credit institu¬
A
108,533
$72,367
income and
Federal
common
holders of
tions
105,389
per
tions
158, p. 1341.
Power Co., Inc.- -Proposed
Foreign
$329,016
26,656
share on the 6% cumul. preferred stock/par $50, both pay¬
able Dec. 15 to holders.of record Nov. 30.,-A distribution of 25 cents
and
&
$348,391
$99,022
a
last, and in each quarter during 1942.—V.
American
1,327
$64,950
—
directors
the
$1.50
American Export Lines, Inc.—50-Cent Distribution—
on
$347,063
26,959
35-Cent Common Dividend—
on
-
•/ The directors
$302,056
Dr349
'
-v'^v^
1941
1940
"Net
loss
$22,878
$21,413
t$26,867
t$21,912
"After allowance for all charges,
including depreciation: also esti¬
mated Federal and State taxes in 1941, 1940.
tProfit.—V. 158, p. 736.
__
82,824
25,912
deducts.
and
which
into
that
extent
•by the trustee of AGECO and the trustees of AGE Corp. in November,
1942, to settle the issues involved in the so-called Recap litigation
and to which-the plan of reorganization gives effect.
147,138
1943.
Co., Inc.—Earnings—
1943
Sept. 30—
.
$90,862
int.
Total
The
3 Mos. End.
77,405
225,962
$99,372'
318
'
-•
the
to
1,149,872
puted in accordance with the Revenue Act of 1942,
Bragg has resigned as a director, effective Oct.
158, p. 2037.
(net)
income
Nole—1942
Co.—Director Resigns—
American Encaustic Tiling
1,380,621
54,450
•.
$90,544
income./..
oper.
Shares
with respect to each $100 principal and all rights to interest
new
debentures in principal amount equal to $102.56, plue
thereon,
Public
Net
American Distilling
Thomas
on
87,590
tax.
$1,726,898
cents per share
dividend of 20
cents
25
each
cents
a
payable
$1,
par
compares
last, and
p. 2141.
declared
17
Nov.
on
profits
excess
Other
The
expenses
income taxes..
^
$1,986,046
Com¬
*
Dividend—
mon
revenues—
oper.
Operating
of
that there be charged to earned surplus as of
Dec. 31, 1940, an item of miscellaneous intangible capital in the amount
of $1,450,373.
The officers of Rochester Gas & Electric Corp. and
1943—12 Mos.—1942
1943—3 Mos.—1942
$491,986
$611,429
311,040
409,684
27,124
23,610
Period End. Sept. 30—
Total
Federal
■
American Central Manufacturing Corp.—20-Cent
the
Holders- of
,
.
,
Vice-Presidents—
American Car & Foundry Co.—New
Charles
are
to receive,
1940,
board
number
subject to reduction in accordance with
amendment
ning of
the
11943
! 1942
,
$7,562,365" $5,529,226
taxfes
profit
Earnings
which, such-securities
"equivalent market price",
of the specified securities of AGECO and AGE Corp. increases -above
the base-level figure. Such debentures are, to be callable, by the surviv¬
ing company in multiples of $1,000,000, and for sinking-fund purposes
in other amounts, at the initial
redemption price of 105%v which
price is to be gradually reduced after the first year. The debentures
are
to be retired through operation of a sinking fund at the rate
of $250,000 per annum during the first five years.
During the suc¬
ceeding five years; the sinking fund is to provide for the retirement
during each year of one-fifth of the issue outstanding at the begin¬
The
Net
to
stock
common
plan;, The specified
.
the
However;
vertible is
tion,
(& Subs.)—^Earnings—
Anchor Hocking Glass Corp.
12 Months Ended
of
the
securities are: AGE; Corp. icon¬
1973, 5% and 4Va% Series; AGE Corp. income
debentures
due
1978,
4ya%, 4%, 3%.%
and 3'/2% Series; AGECO
fixed interest debentures, 5%'Series due 1968, 5% Series due 1950 and
4%% Series due 1949.
' •
"
'
'
W ' ;
1
.'
and
1942
$7,769,233
4,565,000
$10,336,035
taxes_______,
profit;
shares
under
vertible debentures due
fhat the Commission
1943
excess
the
of
upon
,
controversy
.
18
Nov.
on
received' from foreign
subsidiaries amounted to $493,627 (1942, $484,188).
No part of these
dividends is included in the foregoing statement but the amount hereof
is held in a
reserve
until operating results of such subsidiaries for
the full year shall have been determined.—V. 158, p. 1821.
' /
were
The
Commerce,
158,
income and
Fed.
Earnings per
Claims
820.
of
Sept. 30—
Federal
before
for
Prov.
of a settlement of dividend claims arising out of the or¬
ganization
of
this corporation, under which Vereingte Glanzstoff
Fabriken. A. G., and J. P. Bemberg, A. G., German corporations, guar¬
anteed the payment of dividends on the stock of the American concern,
is to be sought in the Federal District Court on Dec. 10.
Under terms of the settlement, already approved by the-directors of
American Bemberg Corp., the additional sum of $773,820 is to be paid
to the State of The Netherlands.
Bank deposits of $400,000, previ¬
ously
Corporation.—V.
Profit
Approval
'
Secretary
Note—During
American Bemberg Corp.—Dividend
/
6f
number
The
Ohio—To Increase
option
the
at
at ten shares where the "equivalent market price" of the shafs is
than $9.0453. " This ; "equivalent market price" is determined by
dividing the aggregate market value, based on prices-obtaining during
a
period of 30 days preceding and ; 30 days following confirmation
of the plan, of specified securities of AGECO and AGE Corp. by the
'
.y;/.'-//)•/,
Jones,
9 Months Ended
more
63.4%
16
(Including subsidiaries in the United States)
91%, compared with 78.2% in October last year.
carried in October totaled 1,822,401 pounds, compared with
with an increase of 26.3%
same month last year. Y;
62%
follows: March
as
/•/./•*.
:.;
Amer. Radiator
was
Express
1942 were
and Sept. 15 and Dec. 15, 25 cents each.—
convertible
be
per
Jess
any
corporation flew 38,293,830 revenue passenger miles in October,
of 12.1% over October, 1942.
Passenger load factor in
1,350,035 pounds in the same month of 1942,
in pound
miles flown last month over the
Air mail pounds carried in October were
Payments during
announced that
Defense Plant Corporation, RFC subsidiary, has authorized an increase
in its contract with
American Propeller Corp., Toledo,
Ohio, a sub¬
sidiary of The Aviation Corp., to provide additional equipment at a
plant in Ohio at a cost of approximately $900,000, resulting in an
over-all
commitment
of
approximately $12,400,000.
The American
Propeller Corp. will operate these facilities, title remaining in Defense
Jesse
increase
October
like
A
last..
50 cents each;
Output—
Airlines, Inc.—Passenger Revenue Up—
American
The
an
26.
15,
15,
American Propeller Corp., Toledo,"
1 to holders of record Dec. 10.—
preferred stock, payable Jan.
p. 2037.
-■
the
158,
Nov.
Sept.
a
par
to
common
new
of1 $5
claims are
regular dividend of 25 cents per share
value, payable Dec. 15 to holders of
amount was disbursed on March 15, June 15
no
*":
!
stock of the surviving' company, having a
share, at the rate of 10 shares for each $100 '
principal amount of debentures. The base level for conversion is fixed
of
record
of
stock,
158, p. 943/
the
on
,
v.
24, 1941.—V.
$7,400,000;-are
into
value
par
interest
have declared
capital
and June
the common- stock
outstanding prior to the recent 3-for-l stock split-up, and is equivalent
to
the dividend
paid on the. outstanding 'stock on Dec. 12, • 1942.
Distributions of $1 per share- were made on the common stock in
the hands of the public prior to
the stock split-up, on March 12,
June 10 and Sept. 10, last, and on March 21, June "12 and Sept, 10,
1942.
-:v-- V*The directors also declared the regular quarterly dividend of lVz%
on
of 40 cents, was paid on Dec.
-
1
■
■■
of
amount
holder
to
3,041
$9,533
America—$1 Common Dividend—
declared
25 cents per
American Meter Co., Inc.—25-Cent Disbursement—
*
have
directors
extra dividend of
an1
13,362
and
The
declared
Nov. 23
-Monday, November 29, 1943
•
Under the. plan, as amended) 4he new debentures, which it "is esti^
mated WilJ be outstanding on consummation of the plan In the principal
w
$22,988
158, p. 942.-
Aluminum Co. of
■
the
The directors
—V.
•:
capital stock, payable Dec. 23 to holders of record Dec.
regular monthly dividend of 20 cents per share, payable
Jan. 3 to stockholders of record Dec. 14.
A monthly, dividend of 20
cents, previously declared, is payable on Dec. ;1.
;
$18,895
->
//
—
Y'. V1;"'1
the
on
and
14,
Y,
_____________
income
Net
$8,161,898), $563,192; unexpired
$201,487; total, $22,905,719.
of
items,
1
-
The directors on
share
85,898
13,588
Retirement reserve- accruals____-_._w——-
deferred
•
$104,793
$26,190
—
—
depreciation
American Home Products Corp.—Extra Dividend—
1942
..
$23,829
2,361
...
634.
p.
r.
$116,558
92,728
———-—
income
Gross
1943
/
,
Operating revenues —:—_
Operating revenue deductions-—
Operating
C. <t After
//."'!
Hampshire Gas Co.—Earnings—
Allied New
(less
other
and
liabilities—Accounts payable and accrued liabilities, $i,379,834; Federal income and excess profits taxes, est., $2;532,027; reserve for cargo
claims, $23,276; reserve for contingencies, $700,000; reserve for insur¬
ance, $1,150,000; reserve for vessel replacements
(excess of recoveries
on ships lost over depreciated cost), $5,619,433;
capital stock.(par $10),
$4,238,000;
earned
surplus, $7,263,150;
total,\ $22,905,719.—V.
158,
Total"'—---i'---'---------$9,901,652
"
assets
capital
4-299,571
Due
Reserve
^
•
rr
;
of
Erie County Electric
Co.
of
(Del.)—On Aug. 27,
Volume 158 i
Number' 4233
THE COMMERCIAL 8t FINANCIAL CHRONICLE
•
2151
>■'
'Elfeetr-io-Cd.^ (Being raU
such1 stbckr then outstanding V In consideration
Corif.'ahd"'its Subsidiary/Virginia
stock) in Bradford Electrid Co.* to. Pennsylvania' Electric Co.,
and received as the base price $1,731,500 of NY PA NJ Utilities Co. *
5^ bonds duo 1952 and $28,500 of Mohawk Valley Co. ..(a predecessor"
: company! 5% consolidated refunding bonds, due 1981,
NY PA
NJ
Eleetric''Corp. subholding grouii,-and Penn- Utilities Co. subsequently received -the sum of. $29,752 as an earnings sylvanik Electric Co. made a-cash payment to The United Gas Imadjustment.' On Aug. 20,, 1943, Pennsylvania. Electric Co. acquired all provoment Co; of- $2,571,500;-: As
a-part of/this transaction, ^ Penn-: the assets and assumed the liabilities of Bradford Electric Co. 1 These
transactions were approved by the Pennsylvania P. U. Commission on
sylvania Electric Co. paid $605,842' to General' Gas' <fc Electric Corp,
and $302,921 to Virginia- Public Service Co, foT .the-common-stock of
June 23, 1943, by' the Federal Power Commission on
Aug. 18, 1943,
Eastern
and by the SEC and the Court on Aug. 13, 1943.
Shore, Public' Service Co,
(Del.),
including closing adjust¬
<
ments.
Erie
County Electric Co. - then transferred all its assets to
Merger of Florida Companies—On Sept. 7, 1943, the SEC entered
Pennsylvania Electric Co., and all. its liabilities, including liability on
its order permitting to\ become effective, the ' application made
by
.its call of 35,000 shares of Erie;
County Electric-Co,.preferred Stock,
General GaS & Electric Corp.
and the subsidiary companies in its were assumed; by
Pennsylvania Electric Co.: ■» <
v.
»
'
r
'/
group that are involved in this, proposed transaction, for the
merger
Pennsylvania Electric Co; later. issued and sold at'competitive bidof Florida Public Service Co., Sanford Gas Co. <and Sante Fe
Land Co.
ding $4,000,00.0 .first mortgage bonds ,and 35.000 shares Of its pre- i into Florida Power Corp.,
subject to" the condition that, within'one
for
"•>
GeneraT
which
common
Co.
,
Oas'&■ Electric
-
to
ferred
Stock
Keystone
Public
charged
stock
C6.-
[
Service
bonds
Co.
redeemed
proceeds
.the
which
had
it
.$4,,000,0.0.0
exist
to
Oct.: 21,
Co.
by
1943,
operation
Associated
152,930
shares
$19.21 ihcash in
Pennsylvania
Public
order
a'ccordance
Federal
of
the
donation
the
vide
enabled
against
excess of
Erie
ing
$3,058,619
which
Sante
par)
wm
order of the :
1943, and an
17,
Aug,
($20
requiring
disposal
of
any
is
t
-rS
•
of Arizona
Sale
-
...
v.
.
from
of
Genetai Utilities
the
Town
consummating
of
Co.—-On
the
purchase,
all -interest of
Associated
The
agreement,
purchase
voters
1943.
/
.
of
the
At'the
Town
of
time
to
8afford
denied
the
Thatcher at
a
of
Town
price
base
a
in
iU.'
inXO
the
$455,000,
of
for
trial
and
•Sale
1943,
V 2,500
of
PA
Co.
of
This
Connecticut
transaction
in
Litchfield
The
Light
and
Electric
Power Co.
be made shortly. "
Sale
;v.
/'//'
;
on
)
a
-
;
Tide-
,
Water
General
Gas
Power
Nov.
Power
is-
a
subsidiary
directed,
were
Indirect,'in.Tide
order
Wat6r
various efforts
stock..
common
be
divest
to
,..r;
It
r„
or
its
themselves
were-made
to?effect-
sale
a.
that
be
$100,000;"
as
much
as
probably.
the
of
entry
the
not
required
U-100Hb>,
to
to-be
the
may,
after
held
the
for
by
by
General
Tide
of
issued
for
the
of
sale-
Tide
Water
and
the
On
moved for
Gas
1943;
if required.
"/'/
the Commission entered
-■"'■/■/ ../
its
-
a
as
to
whether
or
•
''/,/■
of
Transfer
r.
stock
all
and
Service-Co.
the
to
.
Electric
Co.
and
,
received
of
Service
Co.
previously
by
the
Utilities
.
'
/
-
and
the
Court on
.
Aug. 13,
Bradford -Electric-Gin—On
sold
its
entire: interest
OIIILett*
;
1
4
20,
(consisting
—-.
..
of
•—-—
Corp.
secured
Gas
1943
/
"
State
Electric
&
Corp.
1
will
1943
year
Cehtral
Jersey
paid
was
Power
on
&
Nov.
Light
Co.
have
Disposition of Investments
Such
New Jersey
*
*
.
:
consideratioh
has
.
PA
NJ
consol.
6%
to
price,
.
ref.
consol.
protect
New
Co.. had
gold
bonds
ref.
gold
pledged
$5,356,956
duefc1981
bonds
$1,000,000 Mohawk
and
$1,000,000 of
due *1991' under
an
Valley
3,000
NY
PA
shares
NJ
agreement
Jersey Power & Light Co. against loss with
respect to
its investment in the 341,350 shares of common stock of
Jersey Central
Power & Light Co.,
These bonds were returned to the treasury of:
NY
PA
Co.
of
P.
NJ
Utilities
such
common
Co.
the
upon
stock.
acquisition
These
by NY
transactions
PA
NJ
Utilities
approved by
were
of
26,
These
of-New Jersey on Oct. 7* ,1943,
by the SEC on
1943, and by the Court on Oct. 29, 1943.
transactions enbaled New Jersey Power &
Light Co. to divest
itself of the 341,350 shares of
common
Court held to have been acquired
Light Co. in 1938 in violation of the Federal
PoW^r Act. Furthermore, New Jersey Power & Light Co. was thereby
enabled to call for redemption
$4,905,000 of its first mortgage 4 %%':
by New Jersey
bonds
due
1960
Power &
at
105
redemption.
Co.
of
New
and
were
York
as
int.
to
the
deposited
trustee.
call
on
As
date,
Nov.
a
1,
result
Dec.
1943,
of
1,
1943.
Cost; of
also
will
result
in
the
direct
Utilities
holdings by
directors' shares)
NY
PA
—•—>——
^ i
VLCLUCl
uyxo;.
15; 1943, constitutes) taxable
the
various States."—V.
158,
fiscal
year
income
the income
under
81.
p.
HR.-~-Accepts Tenders—
.
Corp.—Earnings—
Sept. 30—
NJ
JuUUU,U4X—'XLiUWcUlfeS
;
1943
/
■
.1,028; 025
>182,046
78,354
195,242
expenses)
operating
O.they deductions
profit
less
/»-
other
income
!'■
>
Net
Federal
income
taxes_____-,.—
u
income
13,347
.
45,936.
1
•
/
46,800
$73,336-
70,913
\
share,on capital'stock____A./.—-
per.
*:
4,100
80,400
$126,497
paid
.
$179,419
;
47,172
.
for
170,295
$258,169
Depreciation
Provision
1942
$1,472,980
.expenses,-
Gross,
:
/
1,052,268
:$1.33
.
Balance "Sheet, -Sept. vM), T843 1
-$0.77
"
•'
■
■
?^239: patenl!S» $1; goodwiU' $1; "deferred char&es> $5,216;
payable,
$69,286;
local
accrued
State
and
Fed¬
eral capital stock taxes, $25,506; Federal
deferred
income, $9,450; reserve for
taxes on 1943 income, $80,400;
contingencies and prior year.^'
taxs, $14,837; capital stock (94,551 shares, no par), $567,306;
capital
surplus; $718;391/-earned surplus,., $705,301; total, $2,190,477.—V. 158,
P- 1822...
• '
/"
i.
Bonds—
•
/
/
o,
.
'
•
• •/.
4 *
Automatic Products -€o.
t
the
■■■/■
behalf
011
change
of
the
for, the
of
value
par
of
preliminary to
wiirthen
be
good
will
will
'
be
Mr.
Mrs.
of
all
to
Its
plant
Bolens
it
Co.,
Bolens,
•/■'.
Roy
Is
'
,
Sell
Johnson
W.
announced.
Automatic
stock.
preferred
the
Automatic
-.y
'/'••,;■•/
■
and
Products
stock of
cumul.
transferred
of
'
_
all
Bolens Products Co. of Port ; Washington,
public-financing which will be done shortly
Automatic
6%
.
<Wis.) —Acquisition—To
from
liquidated,/and
operations
the
the
some
common
its
*
^//r
acquiring
common-stock
Wis.,
of
is
company
1
_
business,
Automatic
will
Bolens
assets,
Products
be
carried
ex¬
$50,000
company
property and
Co.
on
In
issue
will
The
Thereafter,
as
division
a
/
company.
Ih July, 1941," Automatic acquired all the assets, business and
good
will of Bolens- Manufacturing Co., and then
transferred them to a new
corporation, the
for
$350^000
for
all
of
Automatic
the
first
offered
by
value
of
common
Products
Securities
serial
Bolens Products
par
Bolens
and
Co.,
Bolens
and received
in
exchange
there¬
$5O,Q0O'in
preferred stock and
cash
stock.
Co.
has
filed
registration
a
statement
with
Exchange Commission of a new issue of> $350,000
bonds which, when so approved, will be publicly
& Co.,
Milwaukee, Wis.
mortgage
Loewl
Aviation Corp.—To Pay 10-Cent Dividend—
The
directors have
common
stock,
similar
A
were
as
par
declared
$3,
distribution
follows:
April
dividend
a
payable
was
20,
Dec.
made
10
'
Axton-Fisher Tobacco
In
of
to
cents/and
1631.
p.
20
10
cents
holders
April 30,
on
per
of
share
record
on
the
Nov.
30.
last.
Dec.
'■
'
Payments in 1942
21/15 cents.—V. 158,
"
~
-
/
Co.—Sales, Etc.—
the first report since the new management
took
over,
Aug.
1, Jesse
W.
Tapp, President, announced an audit of the financial position as
July 31, 1943, showed sales, less returns, for the seven months
ended July 31,
1943, totaled $11,706,594.
Sales in the three months
ended Oct. 31, 1943; totaled $5,409,470.
He said gross operating profit
of
for-the
lowing
wrilLXLIl,
months
seven*
three
il/iupcio
ended
July
31
was
$2,007,982
and-for
the
months $921,207.
1
vvmj
b Dana. Company. Reentered aa second-class matter February 25/1942, at the. post office at New"'York; N/Y„ 'under the Act 'Of March. ^^11879. / Sutescrlptinms in/ United: States and Possessions,
;:$2B;0it per yearz-in -Dominion-Of Canada,-427>5(>' per year/»South and Cehtral America; SpaJb; *Mexico and Culba; $29.50 per year; Great Britain/Continental «EtiH)pe (except Spain), Asia, Australia
/ kkI 'Africa^ $31.00 p.er yeaii NOTE; On account of-the. fluctuations in the ratea of-exchange remittances' for
foreign subscriptions -suid- advertisements;must be made inZ New - York;funds..
*
$2,190,477.
.
*'
and
.
the
$1,570,838
Administrative
Funds
Co. of all the shares
(except
of common
of Jersey
Central Power & Light Co. not pledged to secure
$20,000,000 of/ National Public Service Corp. debentures;
There are
712,411 shares of-such common stock so pledged.
NY PA NJ Utilities
WVA*uawi V4.
return
.
for
—
l
tax
.
,
return
sales
:
BellUig
Guaranty
steps, it is
contemplated that New Jersey Power & Light Co. will effect a
complete
refunding of; its /outstanding securities .in the near future.
The
transactions
April
Atlas Tack
,
with
these
income
/, /
,
tax
Net. sales.
stock of Jersey Central Power &
Light/Co.. which the U. S. Supreme
Trust
.
the
U. ,Commissioners
Oct.
for, this
;
Co.
Mohawk Valley
escrow
//\.
90;
The
.
stock
1943,
:
the invest¬
—
your, Federal
income
thereof
portion
no
applicable-only-for Federal income tax purposes and no
has1 been made by
the corporation whether the divi¬
,
—
Federal
Liabilities—Accounts
reduced-
/Consideration
Utilities
as
N. collateral tfust, 4s
of -'1952—all tenders atr
prices
A..C.; L. general, unified 4V2S of 1964^11 tenders 'at -prices
and A. C. L. general unified 4s of 1964—all tenders-at
prices
under 68 Va.—W. 158, p. 1822.
j v
the
Total
date,
income
is
.^0 be used in reducing the
0f/y°ur 8tock a"d accordingly
L.—L.' &
total,
Thus,
Power & Light Co.
*
stock¬
-
appuea lor and it is expected that it will
'..
of
■
$2,929; property, plant and equipment, (less reserve tor. depreciation .of
.//;/'
the cost
represented
the
Assets—Cash, / $178,107; Ur; S. Government securities and accrued,
interest, $450,351; accounts receivable (less reserves of $16,-603)', $169,r"
107; inventories, $500,525; miscellaneous notes and accounts
receivable,
335,000
$775,000 Ctfs.. pf deposit; for Nat. P. S. .Corp. sec. debs./1978:'
336,891
8,661 shs. of $6 cum. pfd. stock of Met. Ed. Co.——
/'/ 693,375
*.'. , .49 shs. of $7. cum.- pfd. -stk. of Met. Ed. Co.^--._-J—.
4,116
Co.
.
C.
Dividends
.:/■///;
/
to
by
In connection with the recent call for tenders of certain of
its bonds,
this.company announced that the following had been accepted: -A. C. L
first consolidated mortgage 4s of 1952—all tenders
at prices'under 92;
124,526
1943.
8,
letter
a
its auditors and counsel that
share paid by this corporation on
April
the/Internal .Revenue Code as amended to-
under
you
is
paid
under
*
Light
of,$530,000
advised
Taxability—
in
»
.
.'/
final
amount
President,, on Nov. 17,
//■;.■'..■ .,.'///■ '/••:'//
.
corporation's
$1,614,003■/
;
&
to
Earnings:
notes—_______
•
9 Months Ended
Corp.. §% :mortgage-_/„L_A./^/_—/
Power
is,
laws of
■A.
6% V
as' follows:// / y.;v
Administration
8,267,713
Atlantic Coast Line
-
«
ref.' bonds,
Gas
10,841,895
be issued.
t:
,-
a
York
New
indebtedness
indicated.
to
1943,,
dend
Administration. ./. Notes, were
outstanding
on
amount of $1,513,511.: The board of directors
the
88,125
1,565,783
.
three *
subsidiary of NY PA NJ Utilities Co.,
certain.borrowings previously arranged with the-f
•
Taylor,
said:;
-"This
Oct. "29/ 1943/New York
Corp.—On
•66,690
under 74;
1981;"
consol:
180,000
-28,125
cer¬
determination
Jersey Power & Light Co. Securities—On Oct. 29, 1943/
NJ
Utilities: Co.'acquired
from'its
subsidiary, New. Jersey
Light Co., the various investments (below) for the considera¬
6Ye.
1943.-. ;
Aug.
in
;
of
138,482.
April 30, 1943, has, howeyer, not yet ■ been. examined
by the
Treasury Department and a ruling has not yet been obtained from
Treasury Department; that the said dividend is non-taxable.
A
ruling to that" effect will be aDnl'ied fo7~an~d;it Trexnected' thTf"if'
New
r
and all the common stock of Keystone
held by said trustee as collateral.
On
"
•
V-
COi
SEC
of
of
,
were.approved by the Pennsylvania. Public Service Commission.:
June 23, 1943, by the Federal Power Commission on Aug. 18, 1943,
'Transfer
the
v' -
880,517
475,446
*
192,163
unpaid,,,,,
Atlantic Coast Fisheries Co.—Div.
/'■''/
Co-rp;,
repaiy
-
actions
and
Edison
bunds,
793,949
60,000
taxes-
the
1956;
debens. due 1952;
consols ^ref.
209,941
''
< •,
-
1,933,191
"The
y/<
gold debs, due 2031;
6%
Co-
9,416,355
&
ended
..
debs, due
21,569,599
12,177,980
income on
need not be included therein.
capital-structure,..NY PA NJ
cancellation of. the following bondscompanies, field in Its treasury;
/ '
'
5%
20,049,105
1,863,849
taxes—ac-
-trustees'
on
taxable
its
secured
5,305,771
^en\ed .to, b® a Feturn of
•
Co.
/ ;
,
4,887,811
2/274,600.
10,764
15,
341,350 shares' cbm. stock of J. C; P. & L. Co._J—■$4,312,308
$27,500 Nat. P. S.;Corp. sec. 5%: deb., 1978——J———
10,266
Aug. 20,: 1943, Keystone Public, Service Co.
sold its assets to, and
its liabilities were assumed by, Pennsylvania Electric Co.
These trans¬
on
Power
Bonds—During
30,985,954
co.
Corp.
Harden. F.
-
nf
:
were
1,408 shares of preferred stock
South
Co.
32,227,085
indebted.
.
contribution of
Carolina -Electric &
by $1,325,000.-
PA
-
delivered to The Pennsylvania Co. for In¬
surances on Lives and Granting Annuities, as trustee for the NY PA
NJ Utilities Co. secured 5(Z debentures due 1956, in substitution for
Public
River.
deposits
the
Sale
ment
additional
principal
amount
of
Metropolitan
consolidated refunding bonds, 6%
Series, due
1961, and $356,400 Mohawk Valley Co. (a predecessor company) 6%:
consolidated refunding bonds, due 1981 and $86.50 in cash.
All the
foregoing securities, with the- exception of
$8,000 of Metropolitan
bonds,
.
1,343,003
7,169,619
/■Before deductions for interest on indebtedness
other than certificate
indebtedness of trustees of Associated Gas and
Electric
Corp.-^
158, p. 1238.> ,•. V-
Co.,
capital
1961;)
Gas
Central
Power &
Metropolitan
Corp.
its
debt
NY
Corp.- secured
Edison
to
oif/he
tion
$129,700
adjustment
Edison
for" the
Utilities-Co.
.,V„
/■
base
Anif
Gas
maturity, of these serial notes in the amount of
$265,000 whifch would have, matured on June 21, 1950/. The, $530,000
due Nov.
1, 1943; was paid on Nov. 1/ 1943, and the Nov. 1, 1949,'
-
on.
the
•
mpwr
Co.—Jersey Central Power & Light
has outstanding certain'serial 3^ notes due $530,000 each Nov. lv
to and including. Noy. 1/1949:
On Oct; 30, 1943,, there remained out
standing $3,710,000 of these notes/ Earlier this year, the company
during
exemption would
as
Broad
a
price of 99.
a
predecessor
due
&
1943.
/ Jersey
its
Edison Corp. (a predecessor of NY PA NJ
Utilities5 Co.)- secured consolidated refunding bonds, 6%. Series, due
1961.
NY PA NJ Utilities Co. subsequently received as an earnings
$1,832,500
by
or
maturity in the
1,572
Associated
Utilities
simplification of
Electrification
NY
'.•'/■•■
'/,■
the
^
Public Service Co.—On Aug. 20, 1943, NY PA
shares of the $2.80 cumulative preferred
common
stock (115,000 shares) of Keystone Public
sold
Co.
the
.
received/to
NJ_
due:2031.at
During
paid
■
Keystone
Utilities
NJ
of
Corp."made
911,543
7,162,411
•
"This corporation has been
the dividend of 25 cents
per
Co.
the basis
of a. single issue of common stock, and consenting to the entry of an.'
order by the Commission to that effect, such order to give the Com¬
pany a
reasonable time to file a plan under Section 11 (e) of the
Holding Company Act1 to accomplish
such redistribution; of voting
'*
$391,000
31,315,542- >29,642,951
196,344
dis¬
was
^
&
6,973,275
of
■
the
6,982,548
179,863
■'>
v.
OcU.31/ 1943, %NY. PA NJ Utilities Co. purchased for. J
The Mohawk Valley Co. (a predecessor
company)
LynwoodtSlater
withdrawn, and for a reasonable period thereafter. This application
denied by the Commission:
A hearing was thereafter held on the
question of withdrawal of the exemption, and the matter has been
argued and submitted to the Commission; for its decision.
Meanwhile, Tide Water has filed an answer in the 11 (b) (2) pro¬
ceedings, admitting that voting power is inequitably distributed among
power.
PA
Electrification.
30,
I943.
was
'security holders, and that, it should be recapitalized
NY.
Mohawk Valley
Consumers'
be
its
and
Electric
&
arranged
it
action
Rural
order
hot .the
bonds
amount" thus
in
Co.
reduced
stay of the Section II bf (2)*proceedings pending the
Commission's, determination
of
7,292,432
12.425,525
holders,
>
Elppf rir
Electric
8,507,699
12,182.292
/Balance of Income.,
York,State .Electric & Gas Corp. authorized the repayment ofconsumers/ deposits in
the amount, of $335,000, and the-.board hasv
recently also' given' authorization for the payment of the Lynwood-/
Slater Corp. "6%" mortgage on/the. Ithaca Office
Building,;. The REA
loans /and the Lynwood-Slater"Corp."mortgage will be paid 011 Dec/1,
-
instituting
proceedings under Section-11 (b) (21 of the Act against Tide Water,
alleging that voting power is inequitably distributed among the se¬
curity holders of that* company,'and that it/should be required to be
recapitalized on. the basis, of a single issue of common- stock. / General
29,
Carnlinn
Carolina
1,622,939
and
■",/"■
conseouence
2,065,021
2,872,265
the
has
of New
Water
cash.
Commission,
Sept.
a
South
South
12,820,248
3,091,472
income..,,.
but
tificate
tax
Electric
Sept.
been
in
?ntn
into
/New York State Electric &
took
-
had
$55,000
Int.
above_ bonds," which were $650,000 of the Lexington "
8,000 Metropolitan
Rural
begun prior to this order, - culminated in an
Tliis offer was accepted by General Gas,
subject* to the acquiescence of the-trustees with approval of. the Court,
of
Co—As
Co
Co.
6.594.663
-
3,161,679
,
of
income
sub¬
a
Capitalization
or
8,576.688
128,47.7,742. 121,154,293
55,266,942
51,588,933
8,298,066
8,425,643
12,907,202, 11,778,808
; 1,885,672
income
crued
$2,200 of
by
28,500
•
offer
"'/ - *'*/ ,//'/'//
1,557,211
29,445,219
,
3,135,347
«
Electric
Fed.
..
Heat
Co.,
1,798,644
profits,.
Trusteeship:
Expenses, and
NJ
a
subsidiary in
Agincourt's business
Light,
12,927,129
2,256,185
deducs.—;subsid.
&
several
is
13,597,771
Inc. deducts—Assoc, Gas
for- uCiot)
1UI
Jersey
Co.—Lockport
1,731,500 NY PA NJ Utilities'Co, 5%
State
common
stock,-which
Power
'-."/. 2,800 Mohawk Valley Co.. 6%
;
the
*•
Power
$34,500 NY .PA NJ
y
purpose of determining
whether Dr not the. exemption
Rule U-44 should be withdrawn with, respect-to any sale
Gas fe Electric Corp, of any security- which it owns of
Water. * Negotiations
1943.
Gas
the
step
a
Utilities
exemption" provided by any of its rules.
On Sept.
1943, the Commission entered an order directing that a hearing be
.provided
Co.
debentures
.As
However, Under Rule
and hearing, determine
notice
PA
Co.,
group.
subsidiary of The United Coach
Powe^
General
retirement
withdraw .'diiy
10.
Power
months, ehded
6$
approved by the Commission;
Commission
and
Power
Retirement; of.
;Under.R.ule.rU-44 Qf the rule^ pf/the SEC, sales of securities<:by public
utility holding companies for a total price of less than $100,000 are
"*
Light
subholding
Heat
Water
Water
$240,000 -of
Gas Co.
-
of -that}
Tide
SEC
Gas '&
bonds.
offer which might
no
/
Inc.
proposed
the
(Agincourt)
$
101,632,500
2,832,226
—
income
Gross
Work
In
Water
direct-or
interest,
Following
property.
became; evident
obtained'Would
all
of
the
1943,
$
106,303,283
w„
excess
1943—12 Mos. 1942
$"
25,055,783
revenues,., 31,639,636
taxes
Other
were redeemed on Sept. 1,
each case/the amount redeemed was the amount
outstanding
Electric Corp. . received $1,100,675 in payment of .its
holdings-of the
Corp.) which/ hbld^ l00'///;of - its outstanding
common- stocks • By
the divestment; order -erf the SEC. jh the Section
11 «b> (1) proceedings against the trustees, /dated Aug.
13, 19'42, the
trustees
18,
to
Gas
refunding mortgage bonds, Series A of 1954,
1943.
Electric
&
cancelled..
3-Mos.—1942
14,218,204
Balance
Oct/.
Corp.
-
inactive
series
Co.
Co;
Land
&
of/certain -A
.real -estate
UC1
LOtAtU
Sept. 30,
17; 1943.
Co-.—Tide-Water
be
General
pledeed
Expenses
2,963,755
.Operating in#ome
Corp., Florida
General Gas &
to
subsidiary of General Gas & Electric Corp., $10,213,300 of Lexington
Power-Co/ 5% first mortgage bonds of 1968 were redeemed on16, 1943, and $8,361,500 of Broad River Power Co. 5% first and .-
General
Co., for a base price of $242,500.
The contract, by its terms, /
subject to the approval of the local electorate of Hudson Falls, N. 'Y;, ;
such regulatory commissions as may have jurisdiction in the premises, '
and the acquiescencei of the, trustees with the approval of the Court.
A: local election, on the proposition has. beep scheduled by
the board
for
value
Other
Water
is-
Falls
other
Sept.
,
Hudson
Co.—On
Power
Ui,
Light,
Lexinirton
Utilities
of
Co.
and
26,877,238
Prov. for retire, (deprec.)
Fed.- income & declared
and
an
Lexington
of
trustees
Gas
oper,
Maintenance
Pursuant to
'xfnz^on
'
Spring Brook Water Co.—On'.Nov; 1, 1943, the Village of
Hudson Falls entered into a contract fo rthe purchase of the physical •/
properties of Spring Brook Water. Co.,; a, subsidiary ,of NY PA, NJ;/
of
owned by
$369,214 will
Developments Affecting Debt
-\-':///,
■
holding
Co.,
•
mission of Connecticut on July 30/1943/by the SEC on Sept. 20, 1943,
and by the Court on Sept/21, 1943.
Closing adjustments are expected;1
to
Light
Central
LAUiUiiig
.'
price /
base
of
Corp.—Agincourt
Utilities
NJ
solved
'
and *
Light
for a
PA
POwer
approved by the.Public Utility Com¬
was
Florida .Power
now
Sanford
sub-
Public
Active
Electric Corp. and Subsidiaries)
1943
Operation-;
of Jersey Cehtral Power & Light Co. under
Public Utility Holding Company Act of
1935, for
not to be a subsidiary of various companies in
of the
Jersey
Lockport
-
and Power Co.—On Sept. 30,
entire" interest (consisting of
its
Total
V/CUllltl
Central rUWCl O0
Power &
action taken by the stockholders'and directors
Jersey Central Power & Light Co. on Oct. 28, 1943,
a:propose! for the"merger of Agincourt into Jersey Central Power &
Light Co.. will be submitted, for approval to the NOw Jersey P.w U. *
Commissioners and such, other regulatory bodies as
may have Juris¬
diction.
/ "////
■//../;,/.
;/'/;///-///-■ t'/:
:
Light
sold
stock)
common
to- The
of- $485,000.
Electric
Utilities Co.
amount
Power -#
Land
of
Light Co.
.■
as
Litchfield
NJ
shares
Power
NY
was
a
the
Co„
account of
it
including New Jersey Power & Light Co. and NY
This matter has been pending before the SEC for
hearings not having been held on the matter since 1939;
been,, the
"UCil
OUU
of "
Co.
approved by the
special election held on June 25,
in
declaring
Agincourt
favor of
The
NY
in
&
U-— —'-A —.L,—,—
Miscellaneous
application
of Agincourt
of
entered
was
consider
Gas
revenues—Electric
GaS;
divest
System,
sidiary
.
motion to set aside said judgment and to enter
plaintiffs. • • An order denying such petition and
of, Oct. 26, 1943. Under the rules of procedure
in Arizona the plaintiffs have 60 days from the date of entry, of the
final order within which to file .notice .of appeal from
the orders
denying- plaintiffs' petition and motion..
new
a
motion
the
years,
Thatcher
announcing its decision on July 29, the court
granted petitioners the right to amend their, complaint and to file
briefs/ Thereafter, counsel for the Town of Thatcher was permitted
toi file a reply brief.
On Oct. 11/1943; the court entered a judgment
dismissing the amended complaint and determining such controversy in
favor of the defendants (Town of Thatcher, town officials and Arizona
General Utilities Co.).
On Oct. 18, 1943, the plaintiffs filed a petition
Judgment/in
Corp.
Utilities Co.
t
General Utilities
Arizona
Corp.
Central
order
an
stock of
common
and Sanford Gas
The open
Section 2(a) (8)
petition brovight by five
a
May'24/ 1943,
dated
will
in progress looking toward the submission of
to the stockholders of the companies involved.
Jersey
rJuly 29, 1943, the Graham
enjoin
for
Electric Co.
ftn
T1
„
County Superior Court of Arizona dismissed
residents
now-
merger
_
properties and appropriate disposition of. any remaining excess. •
foregoing transactions were approved on Aug. ; 17, 1943, by the
Pennsylvania- Public - Utility Commission, on Aug. 20, 1943,
by the
Federal Power Commission, and on Aug. 21, 1943, by the SEC.
The .'
acquisition of the Erie County Electric Co. common stock and the '
sale of the Eastern Shore Public Service Co. (Del.) common stock was
approved by the' Court on Aug. 23, 1943.
m
Electric
Electric Co. over the original cost of
Couhty Electric Co. assets. The sum of $2,303,554, represent¬
excess
cost, has been charged to such reserve, leaving a f
of $755,064 pending final determination of the original cost
■*
Corp.
&
Sufficient to'pro- t
The
■
Power
Earnings
$
Land
for-the'shares.bf
Electric
of such
c*
Florida
merger,
Statement of Consolidated
.
.
Oper.
and all lahd obtained as-the result of the merger of
Co)' As a part of this program, Florida Power
Corp.
3,000,000 shdres of common, stock to General Gas & Electric
Fe
Public Service CO.
20, '1943.
This
to create a special reserve
known
balance
the
which special problems the Commission
issue
Corp.
dated -Aug.
action
date" of
direct 'Ownership -of-the1 shares -of-common stock
■
Public Service Corporation debentures.
(Associated
proceedings!
stock
is believed to be
Commission
to Pennsylvania
Garden,
to' Pennsylvania
donated
dated
Commission
effective
the
its
the- National
Period End. Sept. 30—,
itself of all water, gas and ice properties owned
by it (other than the
ic9 plant in the City of Orlando and the water
property in Winter
-
with th^e/terms Of. an
Commission
Power
possible
the cost
the
Utility
law.,
latter's- common
Pennsylvania Electric Co.
of
amount
of
Electric "Co.
the
of
of
year
dis-
and
assumed
-
the. liability for , the call of the 35,000 shares of -preferred
County Electric Co.
Thereupon, Erie County Electric
ceased
On
in
with
and
par)
dndirectlr. "throuzh
'
■
..
-
.
of- Erie
Electric
and
($100
-
and.
steps'required
obtain
secure
..
-
directly. $16,040,OQO
Co., $1,005,000 of the National
Corp."debentures or "certificates of deposit' therefor
consideration is being given' to-the-necessary additional
Service
.
.
holds
now
sidiary,Metropolitan vEdison
Public Service"'Ch.,' delivered td United Gas Improvement Co. all the
common stock of Eastern Shore Public Service Co.
(Del.),;a subsidiary
in the General Gas &
fol¬
-
THE COMMERCIAL & FINANCIAL CHRONICLE
Mr, Tapp gave no comparative figures, but reported since July 31
CLe management hacLundertaken to eliminate from the inventory some
other products and assets
Which cannot be utilized effectively in current operations.
''Some of
these items were disposed of at a loss and others-at substantial profit,"
lie said.
"While these transactions are not fully reflected in the re¬
moderate amounts of leaf tobacco as well as
port," Mr. Tapp said, "nevertheless the final net result
offset the unfavorable results of the first seven months.
of them should
The net oper¬
ating results for the full calendar year should result in a
Bank loans for the purchase of leaf tobacco increased
profit."
from $4,375,*
COO on July 31 to $6,750,000 Oct. 31.
On the latter date, the-company
continued to be indebted to Transamerica Corp. on a note for 31,-
Cash on Oct. 31 was $1,151,-
bank loans.
182,991, subordinated to the
£22.—V. 158, p. 542.
1
Automobile Banking Corp. (&
.
Subs.)—Earnings—'
taxes and
accumulate
receivable
invested capital, the letter staled. < The. impact of;
renegotiation of profits have made it impossible to
working funds to finance such large activities.
relatively small
a
Federal
financed under
loan, dated Jan. 25, 1943, which has been modified
Among changes is the right'accorded to the com¬
pany
to finance its Georgia division operation; by government ad- •
vances.
This the company is now doing.
A further modification per¬
mits until Jan. 1,. 1944, payment of cash dividends which do'not re¬
duce its working capital below $3,600,000.
•'
•
,The present amount borrowed under the V loan agreement is $38,400.000 of an available $60,000,000.
;
The company's aircraft and aircraft parts contracts are,on cost-plusfixed-fee basis and its ordnance contracts on fixed '.price. ;v Mr. Bell
stated profits under cost-plus-fixed-fee contracts ares substantially, less
than profits on former fixed price contracts on. which-company .oper-.
ated to a greater extent in. 1942.
"The company's volume of'deliver¬
ies. will be greater and its margin of profit will be less in 1943," Mr.
•••No
Period—
.
of
after deduct, cost
income
Gross
Sept. 30,'43 Sept. 30/42 Aug. 31,'41
,
$252,764
$366,170
207.649
46,571
income
$49,954
—~—,—
$37,000
A
$34,520
$92,766
40,039
21,586
3.741
—
stock
.
12,550
periods..
adjustment of $5,340 applicable to pripr
♦Net of
Consolidated Balance Sheet, Sept.
;■
-
,
and equipment,. $54,834; repossessed cars, $426; accounts
receivable (claims, etc.), $26,398; miscellaneous investments, at cost
cr
nominal value, $9,169; furniture and equipment, at cost, net of
machinery
prepaid
$5,861;
depreciation,
for
allowance,
Operating
profit
income
Other
Net
interest
and
insurance,
-«v
.
__
1
$1,492,622.
total,
$112,500; accounts payable, $7,550; provitaxes, $12,280; provision for additional
f?tatc taxes of prior years, $5,599; dealers' participation loss reserve,
426,167; general loss reserve, $30,677; unearned finance charges, $12,-.
£37; $1.50 cumulative convertible preferred stock (par $25), $719,575;
class A common stock (par 25 cents), $18,706; common stock (par 25
cents),. $15,688; capital surplus, $50,128; earned surplus, $528,642;
<onvertlble
preferred
stock
in
treasury
(3,388
shares) at cost,
Dr$47,227; total, $1,492,622.—V. 156, p. 2094.
and
Federal
for
State
Ohio RIL—October Earnings—
&
Baltimore
.
859,000
Sheet
U.
.
$
$
$
$
.
$1,572,804
774,345
;
S. 'securities—
Miscellaneous
accounts
Inventories
and
in
advances
affilicted
to
/.469,213
cos.
_____________
Railway
revs.__
Fixed
470,354
4,631,346
52,076,528
4,568,732
9,807,273
8,659,907
91,921,242
19,668
Goodwill
:
i
287.671
271,426
2,701,743
6,710,191
Notes
-payable
Accounts payable,
Accrued
4,5.14/959643,604
income
Net income
546,077
62,201.915
54.519,127
Crl
1,398.837
25,353,852
1,215,791
26,055,567
6,991,018
—V.
158,
p.
27,247,769
35,449,226
4,383,159
2,500,965
employees
$3,870,267
$3,206,572
3,574,656
24,216,499
taxes_________-_^l.^-^.i/_r./-.
3.206,298
16,009,561
2040.
Baltimore Transit
/
Baltimore Coach Co.)
revenues——
for
Capital
Shares
expenses—
11,168,010
1,476,694
1,342,894
13,551,504
346,808
Taxes
348,640
3.446.803
held
2.647,620
$159,210
$1,800,561
1,555
35,726
•/•>. 12,032
4,529
income.,y
*Prov.
for
/___
1,836,288
1,048.139
5,488
34,837
50,749
75,822
$1,107,587
$155,277
50,000
;
Balance
*$296,312
,
war
*
reserves
1,293,702
693,863
■;
..
$106,300
:
.special,
160,765
3.871
charges:—_____
Int. on series A, debs.__
income
.
185,993
Fixed
Net
550,000
/
$155,277 /
$56,300
—
,..
since
V.
Jan.
1943,
1,
and
.
A debenture
on
interest "is
declared
a
basis
Bangor & Aroostook RR.—Earnings—
1943—Month—1942
Period End. Oct. 31—
f
1943—10 Mos —1942
$6,734,197
$5,379,953
3,739,638
tux. accruals—
253,068
91,914
4,367,384
1,186,687
income
/_
$329,322
$104,617
$1,180,126
Earned
217,437
(net)___T
2,766
21,719
16,384
Railway
oper.
exps
Railway
Railway
oper.
4,467
income .(net)
income
available
•
29,300
1,995
_
769,294
/"'
liabilities
-current
(465,032
74,760
in
treasury
/___
surplus
$135,912
59,594
521,048
$285,409
$76,318
$1,104,842
$1,445,476
51,146
$336,555.
'
5,174
—V.
599,989
$504,853
$924,428.
depreciation)
"Net
Corp.-Refund to Govt. Likely—
with the Price Adjustment
of $8,900,000 out of $23,reported for year ended Dec. 31, 1942, Law¬
rence D.
Bell, President, states in a letter to stockholders.
He added
that other adjustments have been made as a result of
treatment of certain items by Bureau of Internal Revenue and Price
Adjustment Board, which partially compensate for the charge to earned
surplus on account of renegotiation.
If refunds and adjustments are
l;nally made, earned surplus of $5,159,805 reported as of Dec.- 31, 1942,
The
Board
corporation at present is discussing
a
probable refund to the government
COO.OOO profit before taxes
trill
be
The
$3,996,625. a net reduction of $1,163,180.
corporation currently is doing a large volume of war
of
at
all
$4,000,000
and
To the extent that the proceeds from
1,798,970
offered
suffice
not
do
such
for
•'
r.
the
purpose,
'
*
•
(Giving
Capitalization
Present
to
income
Interest
income
Net
$11,300,000 $11,300,000
13,500 shs.
12,942 shs.
"3,266,830
750,000
surp.
common
$3,293,740
$4,271,684
6,037,501
$1,672,080
inc.,
less
13.019,102
11,437,683
Prov.
deprec.
,f":
inch
$1,958,384
also excess
now
$516,000
interest
ixow
ally agi;eed
obligations, $10,-
and
to
respective
Stone
lessreserve,
of
use
Securities—The principal
&
1,150,000
1,150.000
Corp.—To
Acquire
1,150,000
' '
"
purchase 230,000 shares
will
Notes
Net
voting power thereof, will
-'V
••
Upon completion of the transaction, Bethlehem. Steel .Corp..;will-own .
approximately one-third ox the issued and outstanding shares of Rheem
regardless of limitations or restrictions
obtained to such amendment.
'
■
on
be
common
Proceeds
of
from
the
sale
of
the
stock
will
be
used
by
the
.
&
50,000
50,000
50,000
Richardson
50,000
&
Clark—
Sheet, Aug. 31/1943
•
*/____
$21,265,91
6,511,3'
_••
and
deposit_„__-_-_^._________,_.
on
1,236,8'
1
214,7.'
/•
.
receivable—employees
Interest receivable
A'ccbunts
*
.receivable—trade___;_-_^_____._______"
accounts
on
U.
S.
•
i
(advances.);.___^___..
/
bonds
610,902
:
receivabre/-mei;chandise
and
jobbing//./-'
Account..receivable—deferred
Deferred
,
503,4(
charges
"
.
.A,„y/,
190.099
111,535
•
___r
Other. assets
216,754
129,439
$31,000,108
,
Liabilities—
6/a'„ preferred
Premium
Funded
on
:
-
stock
Commpn
(par $50)
stock
/
"
•
,
$8,661,700
.(par
common
.debt.
•
;
1,294,200
stock
.
'
Accounts
payable—trade
Accounts
payable
Other
Reserves
for
Deferred
142,98&.
931,576
_*
liabilities-'
current
,.Miscellaneous
129,414
to;affiliate--/-~L
Accrued liabilities'
12,390'
11,300,000
:___
retirement
and
«
amortization.——//-/
.„
28,385
6,985,622'
reserves
68,482
credits
84,656
surplus
1,360,695
:
Rheem
primarily to augment its working capital:-.required by/(reasonincreases in the amounts of. inventory, and accounts-;,
substantial
100,000
Brooks
receivable—trade
Earned
stock.
H.
MacColl, Fraser & Co.
assets_______^____^.__
hand
Inventories
-'""""V <'»'*'•
approval
•150,000
/
Miller & Georgei„i___
investments
on
203,000
&
Lisle &
Marketable securities
of Rheem common/stock, at $11.50
of'the Commissioner of Corporations^ of'the;
State of California, 149,000 shares will be purchased^fxomi.the .Rheem
company's presently authorized but unissued common stock and 81,000
shares
after the Articles of Incorporation of Rheenrr Manufacturing
Co. have been amended to increase its common- stock capitalization
from 750,000 shares to 1,000,000 shares.
It was-stated;'that consent;
of at least a majority of all outstanding shares of, the; ^corporation,,
to
••'
fixed
■Cash
Approximately
Co. byl Pur¬
•' ' ''"••••
share.
500,000
Assets—
joint announcement made in San Francisco on: Nov. 17 by ' this
corporation and Rheem Manufacturing Co. states;vthat:. negotiations
between these companies have been consummated :wherebyi;Bethelehm
per
Herbert
"
Balance
Total
200,000
Co....
Marshall
Stubbs, Inc.500/000)
Total
&
Scran ton
W.
Co.
& Curtis
.
Walker
Brown;
Paine, Webber, Jackson
Whiting, Weeks &
H.
Co.
1,150,000
/ 1,150,000
Union Securities Corp,
One-Third of Common Stock of Rheem Mfg.
chase—
G.
"Chas.
1,150,000
$65,217;— total,
sever¬
$250,000
Bosworth; Chanute,
Loughridge""&-Co._„
1,150,000
Mellon Securities Corp.
1_
Putnam. & Co
$1,150,000
and
Lehman Brothers
•/./
underwriters have
,
Webster
Accounts
Steel
excess
purchase the amounts of the securities set out opposite
names.
/.
Kidder, Peabody & Co.
•" - ,
// . , . •
Liabilities--/Federal income-and capital stock taxes, $2,574,514; ac¬
counts payable, (inch accrued int. on debentures, $64,793),$879,705;
employees' thrift accounts, $2,818,302; 2V4(}b debentures, due Dec. 1,
1950, $8,639,000; 234f'o debentures, due Oct. 1, • 1956, $9,138,000; de¬
ferred incolne, unearned discount, etc., $351,642; reserve for contin¬
gencies, $750,000; minority interest in capital stock .of subsidiary com¬
pany, $12,500;
$2.50 prior preference stock .(144,678,"shares, no par,l;
stated at $50 per share), $7,233,900; common stock ;(2,000,000 shares,
no par),
$14,342,073; paid-in surplus, $4,001,068; earned surplus, $15,252,912; total, $65,994,615—V. 158, p. 1127.
'
•
_
income and
funded debt, after issuance of the bonds
the proceeds to redeem all the company's
The First Boston Corp.
other investments, at. cost or less, $13,034; real estate, at
for depreciation, $8,369), $95,430; furniture and fix¬
tures,
at cost
(less reserve for depreciation, $631,494), , $1,057,713;
unamortized
debenture
discount
and expense, unexpired insurance
assets,
348,416
968,985
and Federal
on
Blodget, Inc._____:_
Blyth & Co., Inc._
reserve
.
$572,700)
outstanding will require $339,000.
Sept. 30, 1913
Sheet,
$572,246/
544,938
amortization
charges
Purchasers of the
$1,619,570;
Bethlehem
$516,000
462,666
interest,
Estabrook & Co
y.
$1,835,163
_
for
offered
bonds
installment notes receivable (les3 reserve for doubtful notes
of $5,594,704), $47,088,641; miscellaneous notes and.accounts'receivable"
(inch $3,515 due from employees), $7,190; investment in capital stock
of Continental Motor Coach lines, Inc.
(a wholly owned subsidiary),
,
$2,369,301
above
was
Annual
2,314,989
$1.91
profits tax of $1,070,100 in 1942
Assets—Cash, $5,457,586; United States Government
other
$1,915,796
for
prof, taxes
exc,
♦Available
their
$289,893;
Dr2,908
profits taxes.
in 1941.
premiums, etc.,
$65,994,615.
78,183
—_;i,—
and
2,314,989
$1.72
2,000,000
$1.51
per
(less
191,131
Prov. for Fed. inc.
(2)
300,341;
cost
4,394,669
$1,838,071
286,304
L_/
Notes—(1)
Sept. 30 $15,252,912 $14,294,611 $14,071,687 $12,556,614
Balance
4,822,009
$1,724,665; $2,291,118
misc.
_____
♦Balance
stock out¬
Consolidated
5.827,742
taxes—_
deductions
$4,703,493
14,451,176
14,514,800
"Includes capital stock,
,
1940
$6,232,740
—-
'_r._———2,000,000
share
$1.46
standing
Earnings
company
work with
oper.
Other
1941
$7,113,127
income—
and
Net
surplus
Earned
Dec. 31,
Dec. 31,.
1942
$7,552,407
maint.,
expenses,
deprec.
8,820
:
1
Oper.
$7,040,241
6,872
579,730
Dec. 31,
$7,709,581
revenues—
/ 'was'
Shs.
,
Outstdg,
1943
$7,593,456-; $7,047,113
705,180
561,519
*2,616,593
*1,773,282
$3,191,620
Jan.
Financing)
par)——233,000 shs. 173,234 shs.
Aug. 31,
Operating
$17,706,420 $17,744,917 $17,290,785 $16,141,176
Surplus/charges (net)—
382,229
627,035
, 44,103 /
178,069
Preferred dividends
271,279
279,103
281,259
281,259
Common dividends
1,800,000
2,544,168
2,893,736
3,125,235
Total
: /
*
,
■"
Earnings for l'J Months. Ended
9,630,481
1,802,623
charges—
surplus,
($50
lv"/
$7,434,099
873,530
—
income
Earned
:
$7,586,803
6,653
683,306
contingencies
for
v/
11,759,267 1 10,931,635/
•
$7,425,232
8,868
$5,640,667
Prov. for Fed. inc. taxes
Other
'Xh
:
$6,323,973
______
expense
stock
Common
its
use
"
;:
*"
Effect
will
company
•'
fFirst mtge. and coll. trust bonds, 1973—
6% cumulative preferred stock ($100 par)
1940
1941
trust
the sale of the securities hereby
general funds to effect the above redemption.
(& Subs.)—Earnings
1942
8,634,808
_
Income credits
Gross
collateral
and*
mortgage
clue/1968, at 107, requiring $4,280,000.
'
income.—
_____i_'/.
oper.
/■-
Authorized
"
Federal
1940
_
bonds/ series D,: 3Va '<r,,
1,347,763
(inch prop.
exps.
for doubtful loans and' ; ^v:
Subject
158, p. 2040."
Bell Aircraft
estimated
requiring.. $7,738,000,
jDr2G5,303
-
income
redemption
$14,275,476 $19,184/499 $18,518,437 $16,670,722
income
Operating
Oper/
1943
the
to
$11,623,943
issue
anticipation notes: 1943/$1,304,-
Beneficial Industrial Loan Corp.
Steel
Net
electric
population, according
a
sale
and
parts of North Providence and
service territory is estimated at
750; 1942, $1,635.594.—V. 158, p. 765.
Sept. 30—
adjacent
and
187,000,
•
♦After deducting U. S. Treasury tax
other
(after deduction of expenses, in connection with
$107,378), will be applied by the company to
its outstanding bonds, which are to be called
for
redemption on or before Dec. 31,
1943,
as
follows: $7,300,000
mortgage and collateral trust bonds, series C, 4e/o, due 1965, at 106.
$7,525,447 1 $7,711,342
_____________
The
towns.
the
1,757,200
1,757,200
Dr207,948
1,342,814
1,920,920
—
Lincoln
miles and has
the
200,000
■V,
200,000
hi
par)-/
no
and
of over 179,000. //The gas service territory is estimated at 91
miles and has, according to the 1940 Federal census, a popu¬
amount to
17,217
6,123
:
_/
shares,
Lincoln
of the net proceeds of this issue of bonds, to be
by the company on or about Dec. 31, 1943 (upon delivery of
the bonds for exchange for the interim certificates),: and estimated to
A
for
charges
Fixed'charges
.
Cumberland.
Use of Proceeds—All
10,133
bonds-
Total
$871,021
243,631
revs
fixed
accrual
thereto,—
$573,937
377,406
oper.
Income
an
$1,057,460
475.070
Railway
Other
on
prior
1438.
158, p.
P.ent
______
♦$296,312
$557,587
♦Including accelerated depreciation.
Note—The deduction for series
Lasis
war
;
23,026
surplus
Capital
$1,036,107
$181,464
income—
income—,—
Gross
103,591
-IT
balances—
transmission, distribution, and
the Blackstone Valley district of Rhode
Pawtucket, Woonsocket and Central
of
received
payroll allotment plan
contingencies
and $509,611
Operating
•
stock
'
1943—Month—1942
1943—9 Mos.—1942
$2,004,966
$1,850,744 $18,798,868 $14,851,737
Period End. Sept. 30—
Operating
X/on-operating
under
profits- taxes
of
Cumberland,
lation of over
93,319
excess
and
Co.—Earnings—
(Including
Operating
Miscellaneous
Reserve
1943—10 Mos.—1942
accruals
income
withheld
Amounts
Prov.
include:
Excise tax a/c railroad retirement act..
Tax a/c railroad unemploy. insurance act...
Federal
48,834,937
5,684,190
2,607,866
,,
—
tax
income
425,383
towns
adjacent
square
square
686,726
of
'
193,832
1 90^344
taxes, other
receivable/ credit
Accounts
4,717,333
1,362,933
129,981
5,176,742
inc.
charges
'Railway
83,307,273
28,392,070
2,545,796
from
Fed.
_
etc.____
wages,
cities
—
56,189,527
6,012,388
6,444,941
4,651,839
.524,903
________
income
Total
Misc.- deduc.
Fixed
178,106
income-
oper.
ry.
.
Accrued
9 Mos. End.
11,181,062 101,850,665
3,959,673
38,485,282
640,912
. 5,633,234
135,536
1,542,622
9,988,508
rev.
•Railway
Net
trade
expenses,
147
$1,500,000
$1,500,000
595,546
the
*
by special Act of the Legis¬
adopted April 23, 1912. Its principal
It is also engaged in the manufacture/distribution and
in the cities of Pawtucket, Woonsocket and Central Falls,
census,
:
indenture.
in 1943 and
sinking fund
generation,
throughout
the towns
s-
-
5,980.800
f:quip.
Other
.<
purchase,
the
and
gas
other
2,329,979
627,118
\
—-
fr. ry. opetv
tax accrualsrents, net_._l.___
facil. rents, net—
Net
1
of
the
electricity
towns.
$7,525,447 V $7,711,342
Total
//■ -Liabilities—
in the
incorporated
was
Including
Falls,
731,763
148,226
1 :h-.l
_:
of
Island,
.'23,597
.'■V
196,131
redemption date as set forth
each
is
business
sale
517,213
687,084
1.
at. principal
Mass.,
redemption percentages start with 109 %
year thereafter to par in 1972.
The
ordinary
Company—Company
80,324,299
695,863
—
_______
35,214,393
55,777,636
3.101,850
5,223,400
455,024
_________
Transportation
Misc. operations
(less reserve)
charges
the
Boston,
lature of the State of Rhode Island
2,801,682
17,092
_l
assets
Deferred
251,481,658
22,894,047
4,161,462
6,021,410
equipment-
Traffic
General
29,519,787 298,807,216
813,896
31,432,541
& struc.
oper.
way
of
Ivlaint.
2,903,101
1,894,855
7,159,808
334,911
945,047
other
iJaint. of
3,128.664
2,544,659
9,885,175
289,903
308,280
•
Express
21,260,878
32,553,515
2,710,086
(353,461
..;■
Mail
All
25,370,991 250,695,203 218,263,016
3,460,626
•
_■_
assets
interest to
1973.
payable
interest
and
trustee,
New York.
redemption percentages range from 10510 in 1943 to-100 in 1972.
>.
P.
1943; due Nov.- 1,
Co.,
reduced
are
$1,373,717
74,000
2,021,474
•
2,277,915
and
31,'42
1,
Principal
Trust
accrued
The
3,879
receivable-
notes
;
Investments
$1.50
Dec.
'
'——' 26,365,127
Freight
Street
247,700
/\
1,526,985
Accounts, notes and trade acceptance receivable
for
Operating revenuesPassenger
Interest payable. May 1 and
office of State
and at office or- agency of
company
in
Coupon bonds in denomination of $1,000,
registerable as to principal only and interchangeable with fully regis¬
tered bonds in denominations of $1,000 or authorized multiples thereof,
Redeemable at any time as a whole or in part at the option, of the
company or under requireznents of the indenture,
upon at least 30
days' notice, at respective percentages of the principal amount plus
Nov.
1.
Nov.
i '
.
Sept. 30, '43
Cash
issue of
/■ Dated
$615,950
246,420 "■■"/
Assets-
...
Valley Gas & Electric Co.—Bonds Offered
our issue of Nov. 22 public offering of a
$11,300,000 1st mtge. and collateral 3s, due
Nov. 1, 1973, was made Nov. 19 by a group headed by
Estabrook & Co. and Stone & Webster and Blodget, Inc.
The bonds were priced at 104% and accrued interest, to
yield approximately 2.76%.
1,466,000
______
profits taxes
share—$0.90
common
9 months
34,069
,.
$2,101,983
3,631
16,402
properties,
excess
16,948
—
$257,898
Blackstone
.
j.v: $368,370
inactive
3043
$713,208
30,578
81,595
all charges including depletion, depreciation, cost
of abandoned well and leaseholds, and estimated Federal income taxes.
—V. 158, p. 543.
- /
.•
_'
$245,877
,
charges
Earnings per
Accrued
1943—10 Mos.—1942
1943—Month—1942
be!
Contem¬
,
$209,433
profit
•♦After deducting
$3,459,434
1,339,685
•. 62,856
'
$1,243,028
Net' profit
Dividends
*
Period End Oct. 31~r
•
•
will
or
is
1st quarter 2nd quarter 3rd quarter
,
"'Net
new
15,658
•_
of
expenses
Other
Liabilities—Notes payable,
r:on
been
company.
/ Interim Report for First* Nine Months of
1942
-
•
41,139;
the
in
'v.
income
Gross
$1,196,416 V $2,056,893
46,612 /,./
45,089
Provision for Fed. income &
United
bonds, at cost, plus accrued interest, $100,083; notes,
receivable, $1,014,834; advances on chattel mortgage on
accounts
and
1 .•'
■
has
that
of
Rheem company
—As noted in
1943
.
63,505
Comparative Balance
States Treasury
♦
administrative
80, 1943
cash on hand, $27.9,879;
Assets—Demand deposits in bank and
■
the
of
Bishop Oil Co.—Earnings—
14,964
..
capital
the assets
.company.-is engaged in manufacturing, engineering and
steel, copper and aluminum,1 and is • now • operating 12
plants in the United States and two plants in Australia.—V. 158, p. 1727.
//;"/ //H;
y.
zii $2,468,309
expeiises^iiU/. 1,208,389
profit
general and
Miscellaneous
stock.
common
/:://''.>v,'/:
Depreciation
Gross, income
on;
additions to
the management
fThe Rheem
research
47,465
38,239
—
*
Common
58,582
10,118
..
.
3,138
income
Cash dividends paid
Preferred stock
Class
54.635
operating
Selling,
$198,813
*2,910 ;
«-rovision for Bed. & State inc.
Net
$99,273
10,045
borrowed nianey____—
taxes
Interest on
4,856
/"/..
fielding Heminway Co.—Earnings—
■//:•/'
/• \
46,513
$197,023
1,791
1822.
p.
.9 Months Ended Sept. 30—
Gross
__________
income
Total
•
15,332
.
Ciher
64,102
$94,418
.
$34,622
said—V. 158,
Bell
204,603
Operating profit.
working
replace
of
in
...
$448,139
171,570
insurance _________—______a;
Operating expenses',t-.-ov. for doubtful notes & accounts
change
plated.
Regulation .V
in-several respects.
,
8 Mos. End.
Year Ended
to
and
used for the cost
sufficient
The major portion of the company's business is being
a
Monday, November 29, 1943
Total
-V.
158, p. 2040.
1
•
$31,000,108
Volume 158
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4233
Campbell, Wyant & Cannon Foundry Co.—50c Div.—
Borg-Warner Corp.—Post-War Plans—
.corporation's Norge Division will make
General
The
Manager.
forecast
in civilian
'
'
based
was
and
hands"
a
on
'
;
backlog of active export inquiries for
1941
92,102
70,121
production (gross)—™——
$315,332
Marketing charges —3,709
>
$357,912
4,187
$311,629
$353,724
234,569
; / :
8,367
215,626
7,575
New York
&
The
;
milled
ore
:—
Massachusetts
reduction
the
in
approved.
23,598
Public Utilities has approved a
preferred and common stocks from
$2,026,000 to
113,178
22,251
62,092
6,521,791
5,315,255
2,047,403
6,807,011
1.948,236
1,949,039
1,196,489
1,168,171
income—
1,162,431
1,203,528
568,713
1344.
p.
figures
above
allowance
no
.*
323
been
has
<Jj
income
&
railway
4,823,916
804,249
1,630,145
924,614
7,065,838
6,448,584
excess
taxes___
income™
operating
61,602
Net
income
Per
share
Sinking
3,227,858
2,710,574
—
other
corporation,
3ac
83c
$3.38
$3.21
41,348
434,713
428,243
2,673,614
6,407,236
25,913,040
24,660,047
.
ap¬
in
first
the
months of this year,
10
increase of 22%
an
the same
over
-
,
to
y:
profit and loss__y_™
158, p. 2041.
'
—V.
Air mail totaled 1,837,368 pounds, an Increase of
40% over the first 10 months of last year, and amounting to almost
75 million letters.—V. l55, - p. 1672.v;
:
last
period
transferable
Balance
Montreal dispatch says, carried 61,822 passengers
a
34,987,030
8,813,428
30,388,688
25,088,290
45,234,748
9,467,243
31,394,307
26,347,753
36,960
common--
on
and
173,571,212 150.553,938
17,583,677
profits taxes
Net
depre¬
made, for
18,844,755
_____
Fed.
158, p. 544.
1943—10 Mos.—1942
1943—Month—1942
*•'
•
Canadian Pacific Air Lines, Inc.—Business Up—
This
Associated Press,
eliminated, according to an
dispatch from Boston, Mass:—V, 158, p. 1727.
is
deficit
sheet
109,008
propriations of income
preferred stock and 11,947
V;
<V
Since the -company still will have a deficit of $379,514 under the
plan, the Department ruled that no dividends shall be paid on the
icommon
stock, except by order-of the Department, until the existing
balance
the
Note—In
ciation.—V.
123,809
7,685,321
railway—-
oper.
158,
Gross
$34,062
lixes—™\
lor
104,541
Chesapeake & Ohio Ry.—Earnings—
20,500
$87,191
shares of common stock,
,
—V.
Other
authorized capitalization is reduced from
The
17,820
Operating profit for period——_
$78,104
Capital expenditures —.4-- ——-12,733
'Provision
S.treet Ry; Co.—Re-~
,;
represented by 7,133 shares of 6%
par $50 each,
$954,000,
8,243
__
1940
$519,773
200,384
y
railway-
Period End. Oct. 31—
Profit^
of
Department
value of the
par
■
Metal
$100 to 850 per share, according to an order issued on Nov. 16. • The
cancellation of
the
100
shares of prior preference
stock was also
.
ry.
$277,763
'sx 207,462
from
$281,012
3,249
Tons
1941
$640,588
income
oper.
January 1—
from
Net
1942
1942
$727,713
206,598
railway-
railway™—
Net
1943
76,226
Quarter Ended Sept. 30—
Expense, Toronto office.
Worcester
ry.
From
Canadian Malartic Gold Mines, Ltd.—Earnings—
v
■
Operating costs
Boston,
Net
on
from
Gross
2040.
duces Par Value of Shares—
1942, while
Net
12, 1942, a payment of 50 cents was disbursed.—V. 158, p. 1128.
Dec.
record¬
countries, Mr. Blood said.
.
t
V
He added that immediate post-war appliances will contain minor
:: improvements over the 1941 and 1942 models but will not offer radical
or
"stratospheric changes in design as visualized by the artists."
^
"The need for getting into production quickly will leave little time
for developing
radically new models," Mr. Blood explained.—Vn 158,
p.
and on March 23, June 25 and Sept. 12,
14, last,
Sept.
from
Gross
-Earnings-
1943
$820,931
October—
capital stock, no par value, payable Dec. 11 to holders of record Dec. 1.
Distributions of 25 cents each were made on March 13, June 12 and
-breaking shipments later to foreign
•
Central Vermont Ry., Inc.-
dividend of 50 cents per share on the
a
shortage of appliances;
"accumulated
an
more
'
:
1
,
25 to 40%
directors have declared
The
refrig¬
erators, washers, ranges and other household appliances in the first
year after post-war production hits full stride than in any previous
year, it was announced last week by Howard E. Blood, President and
The
2153
year.
Chicago
Eastern Illinois RR.—Initial Dividend on
of Bonds—
&
Common Stock—To Retire $500,000
The directors on
Canadian Pacific Ry.—Traffic Earnings—
share
the
on
Nov.
declared an initial dividend of 50 cents per
19
stock,
common
payable
Dec.
20
holders
to
of
record
'
Mines, Ltd.—Report—
Broulan Porcupine
Actual
for the third quarter was
recovery
Traffic
$211,430 from 27,160 tons
—V.
with net profit after taxes amounting to $40,164.
the first nine months of 1943, actual recovery amounted to $857,864
milled
-
Week End. Nov. 14—
For
from
$7.78 per ton
or
and
v'.."-
Brown Co., Berlin, N. H.—To Pay
;
.
Interest—
;
This
the
of
earnings
company
back interest as well as that for the six months then due.
The company further announced that holders of old Brown Company
securities which have not been exchanged under the plan of reorgani¬
sation
should
forward their securities to the exchange agent,
the
National Bank of Commerce, Portland, Maine.—V. 158, p. 945.
;i:
declared
have
directors
The
dividend of 22>/2
a
•
.Operating
expenses
Total
■■
■
s
y*.
ers
declared the usual quarterly
directors have also
17,930
directors
the
on
Nov,
on
income
Fed.
Net
income
dividend
158,
adjourned until Dec.
15.
961,664
970,077
war
69,529
1,020,745
816,270
income tax laws,—V.
$279,829
$3,362,525
Fed.
$1,416,043
$1,697,155
directors
share on the common stock, par $1, for the quarter
1943, payable Dec. 15 to holders of record Nov. 30.
The directors also declared an initial quarterly dividend
ended Sept.
30,
taxes..
96,000
profits
& jcxc.
y
quarter ended Dec. 31, 1943,
15, 1943 (see V. 158, p.
Dec.
;
*
tThese
and
12 Mos. Ended
Central
—
exps.
California Water Service
1942
$5,657,507
2,230,916
1,118,319
Co.—Earnings—
$3,024,056
1,830,625
$1,325,590
10,646
$1,193,431
9,247
$1,336,236
general taxes.,
1942
$3,337,419
2,011,829
— —--—
1,388,687
earnings
from
operation...
income
Other
income
Gross
Interest
-
----
of
Amort,
——
—__.—-———•-—
$1,202,678
470,685
34,931
Provision
——
475,644
l_—
34,518
7,000
257,233
discount and expense
income deductions
debt
Miscellaneous
Federal income tax—
for
equivalent
amounts
which
income
Net
--
preferred stock
—v.
158,
p.
™.
:—
—
,
income
Gross
"Net
income'
$561,842
208,502
in
62,187
62,339
$7,748
$7,419
1,034
1,157
3,092
202,373
$494,688
208,501
Consolidated Copper Co. (& Subs.)—
Earnings—
Rev
Cost
1942
$8,178,518
5,777,821
1941
$6,310,699
3,582,901
'
Ooerating
1940
$5,383,639
3,534,371
$3,091,943
gain..
income
--•
$2,400,697
$2,727,798
104,102
28,239
16,488
$47,080
.4,701
17,827
$64,258
21,435
$4,542
——
$3,576
4,241
$3,876
$29,253
Total
income
Depletion
Fed.
inc.
— -----
)
-J
....
—-
(est.)
tax
684,000
$2,504,799
(354,099
$2,756,037
528,563
$1,865,757
636,670
j6p2,132
$3,189,256
1,339,049
885,262
415,000
120,000
618,000
Net
profit
_
-
^
Sept.
;
30
tl940
319,520
332,957
$
772,784
575,094,582 380,737,791 576,026,419 431,755,221
20,901,434
expenses
Fed.
37,357,808
17,314,691
9,000,000
___—
38,609,858
post¬
__
—
ncome
profits taxes
Earnings
share
per
29,350,000
11,400,000
23,000,000
14,000,000
.16,997,090
9,790,047
$3.91
________
profit
Dividends
paid
14,502.590
29,460,848
19,580,094
$6.77
30,706,094
16,316,745
$7.08
9,327,227 M9,909,974
13,980,623
11,965,613
$3.33
and
Note—Depreciation
:Z.
charged
def.10,626
$4,542
Central
States
Edison,' Inc.,
1943.—V.
30,
158, p. S67.
subsidiary
companies
6,993,033
Transactions for the nine
tion
costs and fees
tForeign subsidiaries consolidated.
months ended Sept. 30, 1943 are subject to
provisions of the War Profits Control
and recapture by the United States
to
be excessive.
Act providing for renegotia¬
Government of any profits
:
*
Consolidated
Sheet
Balance
all wholly-owned United States subsidiaries)
Sept. 30, '43 Dec. 31, '42
(Including
owned
,
products and war materials including billable
cost-plus-fixed-fee contracts,
on
'
■
■
of_„„
$32,196
$29,253
$3,876
and
•-
in
expenses
amounts
"Civilian
of
cost
to
and
sales
the
income
$
133,369,564
25,000,000
(Accounts receivable
62,604,054
Accts. receiv. from wholly-owned foreign subs.
91,272
Unbilled costs and fees on cost-plus-fixed-fee
supply and facilities contracts.)
44,528,868
Inventories (less res. of $12,793,326 at Sept. 30)
63,147,075
Investments
in
wholly-owned
foreign
subs.
(Canada and England)—at cost____:
2,335,958
Assets—
Central Vermont Public Service
Period End. Oct. 31—
revenues
—
$277,033
$282,822
_i_
155,251
160,304
Non-oper.
inc.
(net)
income
Deductions
&
$1,062,819
$850,015
51
273
Crl.403
3,047
$99,776
—
'
tax
20,811
$101,707
$101,434
$1,064,222
$846,968
Dr
—
income
mal
21,955
income—
oper.
$3,009,107
$2,891,912
1,683,085 ' -1,791,489
263,203
250,408
$99,827
———
—
Net
1943—12 Mos.—1942
1943—Month—1942
expenses
Taxes
"Cash
Corp.—Earnings—
Operating
35,312
35,847
428,296
U.
p.
418,552
estate
not
used in
2.3,000
242,300
150,500
—
$45,964
$42,587
$393,626
$277,910
require-
18,928
.18,928
227,136
227,136
3
Mos!
Store Investment
End.
Dividend
Net
Sept. 30—
Investments in
^Property,
Corp.—Earnings—
plant
The
1943,
to
curr. surp.
-
1942
1941
1940
$4,240
$4,478
$4,060
710
723
Accounts
$6,013
$3,452
$3,768
$3,337
3,567
3,567
3,567
3,588
for the quarter ended Sept. 30,
Assets—Cash, $2,271; investments at cost, $323,285; interest prepaid,
$143;
total,
$325,699.
Inabilities—Notes
payable, $35,000; reserve for taxes, $110; reserve
for one year's dividends on preferred stock, $14,268; preferred stock
(2,195 shares at stated value of $45 per share), $98,775; common stock
(10 cents par), $10,000; capital surplus, $160,642; current surplus,
$6,904; total, $325,699.—V. 158, p. 1031.
2,607,588
71,162,035
2,335,958
2,607,720
2,016,570
353,381
156,868
801,000
212,874
919,321
50,531,411
1
55,090,105
1
2,722,343
$
Liabilities—
70,351,224
([Federal and State
taxes on
$
—
233,548
779,553
54,672,548
income—estimated
39,716,713
62,098,908
100,985
885,778
33,749,373
21,381,882
—:
9,710,035
5,260,089
19,000,000
7,796,780
5,500,000
10,000,000
payable and payrolls
with subsidiaries
Accrued insurance and taxes
Advances on contracts for war materials
—-
RGS6rV6S'
General
Balance Sheet, Sept. 30, 1943
40,989,460
389,468,170 323,829,781
—™——
Accounts
788
$6,164.
•
59,767,420
v 146,859
2,277,941
rent, &c
-
1943
net profit from sale of securities
was
—
partially-owned domestic subs.
and equipment
Total
842
dividends
)
investments and miscel. accounts—
advances and current accounts—
officers
and
employees..
$6,855
income
inc.
operations
Goodwill™—
2041.
$
87,522,303
Expense
Prepaid insurance, taxes,
Chain
—___.—
{Sundry
18,500
income
dividend
158,
—
certificates™..
Government
Real
<>
—V.
S.
Investments and other assets:
(nor¬
surtax)
705,300
$1,166,207
$930,568
$927,212
$403,786
v0te—Approximately 18% of the 1943 earnings is subject to the
renegotiation provisions of the National Defense Appropriation Act,
but it is not expected that the results of renegotiation will have
a
material effect on the earnings reported after provision for all taxesand reserves.—V. 158, p. 946.
. .
.
Net
Ended
1941
$
$
651,343,106 423,955,072 665,845,075 515,471,174
general
and exc.
$42,823
—1—
Preferred
Depreciation
$50,703
13,555
$1,849,268
97,313
-*•
Months
1942
334,565
Net
$8,783
—
Expenses
Other
9
$
costs
rehabilitation
—estimated
$43,988
the training
cost-plus-fixed-
fof
Prov.
found
Net
Sept. 30—
1943
from metals sold. $12,726,47.9
of metals sold.
9,634,536
were
651,008,540 423,622,115 665,525,555 514,6.98.390
income
incl.
sales
for
war
1943—12 Mos.—1942
$318,891
$314,837
274,903
264,134
$69,758
misc.
general
Prov.
(& Subs.)—Earnings—
1941
Pfd.
9 Mos. End.
with war ma¬
Advances on
Inventories
engineering, sell¬
adv., service, &
ing,
income
^
'■{
contracts
fee
Adm.,
158, p. 2041.
1943—3 Mos.—1942
Statement,
Income
.'
/
income
of
under
current
on
of subs, sold
Net income
Gross
1728.
Calumet & Hecla
to additional
have been payable
would
$69,936
Interest deductions
Fed.
Dividends on
Total
Cost
$1,420,236
Operating
Net
1943.
$54,672,548.
profits as previously reported.
___________
&
Interest
1,321,900
$1,580,640
sales
the
at Sept.
1943
—)_•.
311,233
$408,596
"'V'
/'
"Net
$2,736,126
345,898
revenues
income
Non-oper.
abandoned, etc.—V. 158, p. 946.
Oct. 31—
at Sept. 30,
to
11943
$2,742,136
Period Ended Sept. 30—
"Of
12 Months Ended
amounted
amortization have been
operating expenses, maintenance, taxes, provision for depre¬
ciation, rent for lease of electric plant, etc.
tAfter deductions for al1
interest charges, amortization of debt discount and expense, amortiza¬
Operating revenues
Operating expenses and
to the
subject
performance
Consolidated
6,009
$2,969,327
and taxes—
income—
"After
preliminary costs of projects
share
per
Their satis¬
under actual war conditions, the ultimate test
quality manufacture, is a tribute to everyone who has contributed
their engineering and production.
to
584,618
$719,829
States Edison, Inc.
Oper.
1,300,835
—
1
income
186,000
unamortized debt discount and expense.—V.
of record
$5,748,090
2,047,634
—'•
$3.91
sea,
•'
$564,858
taxes
oper.
1943
Sept. 30—
Operating revenues
"Net
operating income.—.
of both the
modifications
in the air, in the various theatres of combat, in
centers at home, and in the services of civilian defense.
refinancing of long-term debt in 1939. Such amounts have been credited
to
of 1942
adjustment
no
of
•
8,630
represent
profits
Gross
Co.—Earnings—
Power
California Oregon
'
totaled $133,369,564
contracts
86,000
;xxy:
$2,960,697
——
charges
excess
;V
436,000
■
$722,071
Dr2,242
Int.; and other deducts. income
,<"•
1,024,700
$910,756
of $1.32 per$100, for the
payable Jan. 1, 1944. to holders
1631).—V. 158, p. 2041.
in
and net current assets were $162,987,247.
proceedings for the year ended Dec. 31, 1942, have
concluded by an agreement with the Government which involves
511,867
$909,721
1,035
income
Gross
x
380,000 t
31,000
-y
.
102,000
taxes.
(net)
income
134,000
.
-
income—
oper.
y 1943—12 Mos.—1942
$2,870,322 $12,406,699 $10,904,281
1,797,251
7,605,301; 6,985,670
467,'G00 y'-y
tax. '
Net oper.
convertible prior preferred stock, par
the 5 54 %
of
the War Profits Control Act providing for renegotiation
by the United States Government of any profits found to
contracts,
factory
1943—3 Mos.—1942
$3,624,844
2,050,123
profits
excess
-
if the company had not had the benefit for tax purposes of
deductions for discount, call premium, and expense resulting from the
per
resulting
equivalent to
$16,997,090,
material
been
»
earnings
10 cents
changes,
war
including special deposit accounts in connection
Cash,
'
declared an initial dividend of
18
Nov.
on
Light Co.—Earnings—
tChgs. in lieu of income
of the adjournment
their tax liabilities
Co.—Initial Dividends—
California Electric Power
"
facilities
be excessive.
$3,354,124
$141,430
,
158, p. 1343. X
the
$63,147,075,
taxes—
and
income
Federal
Net
«
keep
to
Chrysler Corporation's war products are in active use today on land,
revenues
exps.
Net
George W. Burry, President, said the purpose
to enable Canadian shareholders to clarify
under the Canadian
of
69.419
$111,820
Period End. Sept. 30—
Oper.
and 25 cents each on March 13
was
tion
2,017,962
.
$256,566
require..
Central Power &
r
special stockholders' meeting, scheduled for Nov. 23 to consider
the recapitalization plan designed to liquidate the dividend accumu¬
lations totaling $13.50 a share on the outstanding preferred stock, was
Net
$7,158,433
2,562,734
f
at
Other
on
$7,907,668
57,755
dividend of $1.75
The
to
provisions of
1728.
p.
Corp.—Meeting Adjourned—
Burry Biscuit
share
amounted
terial
....
Pfd.
—V.
$100, payable Jan. 3 to holdK
continues
materials
Renegotiation
30.
cents on Dec. 11, 1942,
and July 15, 1942.—V. 158, p. 2041-.
The
$7,024,335
134,098
178,308
236,408
profits tax—
K. T. Keller,
dications
74,097
exp.
—
preparations now under way for volume production of new and addi¬
tional products are completed.
The number of employees has already
reached a new all time high total exceeding peacetime employment by
about 30,000 employees.
Sales
for the nine months were $651,008,540.21
and net profits
(normal &
surtax)
Quarterly Report
output of our plants continues at a high rate and present in¬
are
that aggregate production will continue to increase as
overall
■
«
—
Corporation.—
large Ordnance Depot at Anniston, Ala.
Schedules on various products
are increasing, others are decreasing, suspended and completed, but the
$597,085
$624,826
—
inc. tax
Fed.
declared a dividend of 25 cents per share
19
against 50
as
__—
-■
$7,802,249
105,419
Finance
first
of
$500,000
products needed and the rate of production desired.
New projects and
additions to existing contracts undertaken during the first nine months
of 1943 total $775,000,000.
The corporation has recently undertaken
to render a new war service by taking over the management of the
209,725
214,788
■
$589,149
7,936
$616,885
7,941
income
Deductions.
shares of common stock, payable Dec. 10 to holders
- A
similar distribution was made on June 11, last,
965,258
record Nov.
of
'income—
oper.
the
war
the
of
pattern
as
1943—12 Mos.—1942
17,477
x
;1 ;
•
Operating
The
138)352
—
of
Production
$1,407,179 $16,858,476 $15,945,807
660,178
7,200,378
7,028,390
L' •
' '
140,375
1,641,061
1,683,357
• *
Reconstruction
by
of
Chrysler Corp. active at levels exceeding its peacetime production. The
requirements of the armed forces change from time to time as the
and recapture
25-Cent Dividend—
Budd Wheel Co.—To Pay
<
6,461,438
-
share on the 7% preferred stock, par
of record Dec. 15.—V. 158, p. 885.
per
130,408,163
8,465,562
retirement
1822.
p.
Chrysler Corp.
Portland
under
Non-oper.
stock, par $5, payable Dec. 15 to holders
This dividend is subject to deduction for Wisconsin
Tax.
Distributions of 12Vh cents each were made
The
.
lease
Net
of record Nov. 29.Privilege Dividend
on this issue on
1, Julv 1 and Oct. 1, this year.
Payments in 1942 were as fol¬
April 1 and July 1, 15 cents each; and Oct. 1 and Dec. 15, 10
each.
169,129,566
914,754
1943—Month—1942
—
income)
Federal,
RR.
cents per share on
lows:
158,
the
Chairman, in his report to stockholders, states:
J
$
•
renegotiation provisions of the
It is anticipated that such re¬
$1,450,763
,
677,596
...
than
(other
taxes
Rental
the common
April
V.
1943—12 Mos.—1942
"
19,256,152
704,566 iv
Period End. Oct. 31—
revenues
'
cents
* /
will not have any material effect upon net earnings
after provision for all Federal taxes.—V. 158, p. 1632.
Gross
Distribution—
14,891,723
to the
Appropriation Act.
Operating
years'
Bucyrus-Erie Co.—Larger
:T;
Central Maine Power Co.—Earnings—
:
the general mortgage indenture.
It is the second pay¬
this year, the previous one being on June 1,
1943, at which
the bonds were put on a current basis by the payment of two
time
$
subject
are
Defense
reported
provisions of
ment
X:.-.;
V-
negotiation
30, 1943.
made out of the 1942 consolidated net
computed in accordance with the standby
being
is
payment
-
—.
earnings
National
\
1,
the close of business on Nov,
of
as
that on Dec.
announced
is
>1943—Month—1942
——
——
Net profit-—
The
1943, this company will make its'
semi-annual payment of interest on its general mortgage 5% cumu¬
lative bonds for the six months ending Nov. 30.
Checks will be mailed
by the Old Colony Trust Co., paying agent, to all registered owners
y It
sales
Net
;•
: ;V:'/
'''I-'*.--
: v)-.->'•'<,
held
bonds
mortgage
O
-'.'V
■
"■■-'■■y/ X >■
^
1943.—V. 158, p. 766,-
$5,051,000
*
,
Period Ended Oct. 31—
current assets
of Sept. 30,
as
7, out of 1942 earnings.
The directors also
authorized
Caterpillar Tractor Co.—Earnings—
milled or $9.47 per ton and net profits after taxes
equal to 11 cents per share.
(including stores and bonds) less current liabilities
accrued taxes amounted to $491,147, or equal to 18 cents per share,
tons
90,605
2041.
p.
Dec.
<1942
$6,121,000
_________—
.
totalled $300,239,
Net
earnings
158,
1943
-
Loss
on
Post-war
operating
commitments
rehabilitation—plant and general™
Custodianship
Contingencies
liability
Total.
———
o'oio'o^
o'oo?'«Zo
3,332,322
3,334,033
21,755,660 21,755,660
25,958,106
25,958,106
137,183,849 129,976,806
-
389,468,170 323,829,781
——
—
___™__~—————
Capital stock (par $5)
Capital surplus
Earned surplus
—<•--;
——
*
iee
profits
.excess
Dec. 31, 1942 to be used exclusively on contracts for war
tlncluding billings for costs and fees on 'cost-plus-fixedcontracts, less reserve of $104,866 at Sept. 30, 1943.
Including
at
additional
and
income
tional-Federal
$23,713,112 at Sept. 30, 1943 and $18,-
Including special deposits of
180,697
materials.
(less
tax
due
amount
:
,
estimated post-war nefund of
1943.
$472,512 at Sept. 30,
'contract prices in amount of $104,722.
Federal excess profits tax, less reserves of
§After depreciation, &c., 1943, $49,998,061;
Assets—Cash
(7ebv
ties
of U.'-S. Treasury tax notes.
Y
.
Consolidated Balance Sheet,'Sept. 30,
1942, $48,159,590.
ULess, at Dec. 31, 1942, $4,200,000
'
receivable
■-y
also,
hand, $4,721,870;
on
<
1948
' :
.
:
.
Revenue
—V.
.
Tool Corp.)
(Including Clark-Celior
9 Mos. End. Sept.
30—
$6,539,093
income..-
77,766
38,481
income-—-—-
Total
$9,404,887 $12,934,944
$6,616,859
1,235,199
1,205,206
925,297
$3,045,197
655,447
265,114
326,185
184,753
113,672
446,487
383.353
62,429
31,434
6,652
554,124
Admin, and selling exps.
allowed
Discounts
—
Spec, amort, of war facil.
Interest paid—————
436,296
507.062
t5,316,641
*9,250.000
dividends-
$1,642,641
67,223
$1,231,704
67,355
dividends—-
534,636
534,636
Depreciation
•
•
taxes..——-
Federal
profit
Preferred
Common
———
-----
~
407.536
*3,423,000
"734,409
$1,523,033
99,696
534,636
.
S.
$1,140,782
part
237,616
237,616
Earnings per share——
S6.63
Shs.
stlc.
com.
"Including
(no
excess
have declared
directors
The
237.616
$4.90
$5.98
$4.3d
$1,850,000 estimated addi¬
profit tax and in 1942,
Company
and Dec. 30,
cents;
declared
22
an
:
declared an extra dividend of 20
22
Nov.
on
a'year-end of $1.—V. 158, p. 2042.
directors
The
the
Nov.
on
outstanding
declared
23
of
shares
100,000
a
list of corporate bonds, notes,
stocks called .for redemption,
including those called under sinking fund provisions.
The date indicates the redemption or last date for mak¬
ing tenders, and the page number gives the location in
which the details were given in the "Chronicle."
Below will be found a
and
preferred
Refining Co.—
6b general mortgage bonds due 1954
Dec
Alabama State Bridge Corp., 4 b bonds due 1952—:
Dec
Alliance Public Service Co., 1st mtge. 5s due 1957——Dec
American Bemberg Corp., 7% preferred stock——
—Dec
American, British & Continental Corp., 5b debentures '
/
•
1953
due
Mossberg Co.; general mtge. bonds due 1956—Nov
Arkansas Power & Light Co.—
1st & ref. mortgage 5b bonds due 1956-.—L———Jan
Atlantic Gulf & West Indies SS. Lines—
5 'it. collateral trust bonds due 1959———
——— Jan
Apco
,
81
1821
1437
1
1525
2037
1V
2
1933
30
2039
1
2039
1
Ltd.—
20-year 1st mortgage 6b bonds due 1957
_——Nov 30
Bell Telephone Co. of Pennsylvania—
25-yr. 1st & Ref. 5b bonds, series B, due 1945—Jan
1
Bendtx Home Appliances, Inc., class A stock———Nov 30
2040
.
Niagara Electric Corp.—
mtge. 3Vab bonds, series C, due 1967—Dec
California Electric Power Co.,
1st trust mtge. bonds
1822
1031
Buffalo
due
Colon Development
stock
preference
——
Edison
Co..
Consolidated Gas Utilities
1
————Dec
——
Consolidated
Oil
1st
mtge.
1729
3V2S, series I-—Dec 28
Corp.—.
debentures
due 1951
-Dec
1
Continental Steel Corp., preierred stock—
.—Jan
1
.Crane Co., 10-year 2bib debentures due 1950—.
Dec 27 '
15-yr.
Corp.,
conv.
3fa/"
1729
1634
2043
—
Delaware Power & Light
Co.—
,
.
■?
.
series, due 1969-YY—/-.Dec
series, due 1969-L— — Dec
series, due 1971..—-—Dec
Domestic Industries, Inc., 10-yr. 4*2 ft debentures—..Dec
Dominion Gas & Electric Co.,
6V2b collateral trust
'
bonds, due 1945
-—Dec
Duquesne Natural Gas Co., gen. & ref. mtge. 75/ bondS-.Dec
Eastern Car Co., Ltd., 6b 1st mtge. bonds due 1952—_Jan
1st mtge.
1st
1st
gold bonds, 4 4b
mtge. gold bonds, 4fit*
mtge. gold bolds, 4VYb
Eastern Shore
1st mtge. & collat.
Eastern
Public
Shore
trust 5b bonds, ser.
Service Co.—
1st mtge. &
gold bonds, series B_.Dec
—,-Dec
Food Machinery Corp., 3b debs., dated Dec. 1. 1941—..Dec
General Shoe Corp., 3^b
debentures due 1956
Dec
collat. trust 4s, due 1956
1st
bonds, ser.
1824
1st &
ref.
1824
1824
1
1
1
1
1
1824
1857
1858
1858
*
1858
"
series A,
International Paper Co.—
1st 6c ref. 5 b sinking fund lhtge.
International
Iowa
bonds, series A&B .Dec
Power & Light Co..
1st mtge.
4s.
1
Kankakee
1st
5b
bonds, due
Water
1
1
2047
1134
due
Mar
1968—
1
1134
Dec
1
1859
1
"
—:
bonds, series A. clue 1959——Jan
1
127S
Lafayette Hotel Co., 1st mortgage 5 b bonds clue 1947—Dec
Lehigh Coal & Navigation Co., 4b fund. & impt, bonds-Jan
15
2047
1
291
1
are
Louisville
series
A*
Nashville
due
A,
RR.
1950
unified
——
mtge.
3*2b
Jan
1960.-Jan
1
—Y_—Dec
1
debentures due 1956-_Dec
14
1860
cumulative preferred stock—________Nov 29
Manufacturers Securities Co., 10-yr. 4*2b
———'—Dec 1
1860
mortgage
McKesson
5*4b
&
5*2?,
due
series A.
Bobbins, Inc.. 3!Yb
1950—
Mississippi Power 6c Light Co.. 1st mtge. bonds clue 1957_Dec
1735
1860
1
1860
1939
Mississippi River Power Co.. 1st mtge, 5s, due
1951
Jan
1
6s,> due 1947—:
Feb
1
354b debs, due 1960
Dec
1*
serial debs, due 1946-47—Dec
1
Nehi Corp., 1st preferred Stock
—Jan
1
New England Capital Corp., 6b debentures due 1964-—Dec
1
New Jersey Power & Light Co., 1st mtge. 4bs due 1960-Dec
2
New Jersey Realty Co., class A bonds dated 1S37^_
Nov 29
New York, Chicago & St. Louis RR., 65/
debentures—Dec
1
New
York, Chicago 6c St. Louis RR.—Lake Erie &•
Western extended 3b bonds due 1947
Dec 20
Mining Co.,
1st mtge.
National Dairy Products 'Corp.,
National Dairy Products Corp.,
—
1 1860
1860
2050
——
1860
1860
1S60
1860
New York City Omnibus Corp.—
Prior
lien mtge.
Avenue
6b
-
.
.
Jan
bonds due 1958-,—
purchase mtge. 5 b bonds due 1965—Jan
1st mtge. SVaS due 1949„Dec
North American Funding Corp.,
North
due-
Avenue
1947
Market,
Inc.,
5b-7*2 b
Ohio Water Service
Co.,
mtge.
v___
——„
1st 4s due 1964—-
Grey & Bruce Trust 6
———Dee
Holders
0) Bee.
1$1
Loan &
Avenue
Nat'l Bank
12-
1
12.
1
-
12- 20
12-
1
1--17
25c
1-
3
11--24
■
(Chicago) (quar.)
:
—
'
•
Wirebound
-
Gil & Gas (liquidating)—
Bearing Mfg
1
1861
Alabama
6b
Ball
Great Southern
partic.
preferred
•
——1
—
RR., ordinary—b.
—
Canners,
cum,
1st
Carolina
5b
preferred
Central
$7
Arizona
1-
3
12-■20
11-•18
11-■18
12- 15
•
,
Payable
share
$31.50
.1 35c
$4!a
,
11-30/
12-1512-24
$4^2 '■ 12-24
.
Holders
of Rec
11-23
12- 1
12- 4
12-4,
common
(quar.)
—
(quar._
& Ohio Ry.
$6
Ltd., com.
Central
Ohio
Steel
Steel &
(quar.)b—
(interim)/
11-23
12-16
12-1G
11-30
12-10
12-20
1- 1
12-20
12-15
1- 1
11-20,
12-20 /
11-30°
12-10
12-15
12- 6
11-30°
12-15°
1- 3
1- 3
1- 3
1-3
1- 3
1-3
12-10
12-27
11-29
12-15
11-10
11-25
12- 1
12-10
12-15
12-15
12-15
12-15
1- 3 Y 12-15
12-1612- G
12-21Y 12- 4
SI1/*
1-20
1-10
t20c
11-30
11-23
,
J37c
11-30
11-23
——Y_.—
11- 1
11- 1
10-15
10-15.
Products—25c
11-30
1- 3
12-13
11-23
Gold Mines (quar.)—«
1:3c
common—Y—-—15c
Wire,
preferred (quar.).
Chamberlain Metal
Weatherstrip
Chapman's Ice Cream
...
75c
.
(year-encl)
12-11
12- 1
10c
$3
50c
12-15
12-23
12-20
11-30
12-13
12- 7
25c
12-15
11-26
$1
20c
12- 7
11-30
$1.75
12-17
12-10
1-3
15c
30c
12-21
12- 4
12-10
12-1
50c
12-14
'
(initial),— /
Chicago Rivet & Machine (year-end)
Chile Copper
(year-end)—■
.Chilton Co.
(extra)
—z
;
Citizens Water Co. (Pa.), 7b pfd. (quar.)—
City Auto Stamping Co. (quar.)
City & Suburban Homes (s-a)„
& Eastern Illinois RR.
Co.
l'i-30
12- 2
12-20 - 12-10
15c
(year-end)—...——
•Chicago Burlington & Quincy RR.
Controller
12-1
12-31
12-31
12-15
12-10
1-15
12-15
1-3
$l3:'t
$1 Vz
6b
Clark
12-20
12- 4
12-20 /' 12- 4
—
(s-a)
Light & Power—
pieferred (quar.)
preferred "(quar.).
37 be
3
Ltd.,
Clinchfivld
12-
1-
$$ 1 Vb
class A._:!:37,2C
Boxes,
preference
Catelli Food Products,
1
12- 20
preference—.
Lines/5 b
——
1-
3
$1.32
17c
f'$1.25
-tWVaC
j:2oc
Participating
—-——/ ob
'4 5c
00c non-cum. conv. preferred
(quar.) — —
?15c
Particioating
—■
15c.
Cnnfield Oil Co. (year-end)_Y.——$2
Capital Transit Co..
•
/ 50c
5b"
Central Patricia
-
10c
(initial);—bYbY:;;
Cement Co.,
Steamship
:.
——Y
pfd. (accum.)—.
preferred
Canada
10c
75c
25c
.
pfd.
7b
Mills
Central
.
Aetna
conv.
11--20
-
Name oj Company
1352
1941
5'bb
Callaway
12--15
$1
(quar.)---/—-—--—r-
Bldgs.,
12--15
Industrial and Miscellaneous Companies
•'
'
''
>"
:* 1 Per
When
•
Ring
Terminal
Chicago
1736
1736
2050
12-15
-
...
3
4134
12-29
12- 1.
3
66 23 b
(Chicago) ——/
12-15
1-3
12-10
1-
•
$5
12-31
12-31
(irregular)
1-
SI
440C
J30c
(year-end 1
—
$1
(quar.30c
„—- —
20c
Inc.
$1
'
12- G
12- G
12- G
12- 3
11- 30
Y
-y
Savings
dividend
.Stock
12'-31
12'-10
12- 20
425c
"
Upper
12'-15
$1.25
—
Uptown National Bank
-
3
12- 11
jsi
(Ontario) (s-a) —
Montgomery County Trust Co. <N. Y.) is-ai
National. Boulevard Bank of Chicago (quar.)'
Public Nat'l Bank & Trust (N. Y.i
(quar.)_
Midland
3
r':, 1-
:
Savings lOntario) (s-a.)
J
—•
12--21
si
■
Extra
1-
$1*3
Harrisburg Trust Co. (Harl'isburg, Pa.) (s-a)
Hartford Nat'l Bank & Trust (quar,)——
Jefferson Bank & Trust 1 St. Louis 1.
(quar,)-,
1 '
10
When
12- 27
11-20
12-13
12-13
12-28
—
!
Canada
Payable
$1
12-1
75c
3V/zC
5c
(accum,)-/.. :
Butte Copper & Zinc
(year-end)-.—;..—
California Electric Power, com.' (initial)IY 1
Bush
.
12- 3
12- 3
Wharf
Piston
12- 4
29c
Brager-Eisenberg, Inc. (quar.)/.
50c
Bridgeport Brass Co., common___-.Y_/_./Y:
25c
5VYY preferred (quar.$l3a
Bright (T. G.)Co., Ltd., 6b pfd. (quar.)t$llY
Broadway Market Corp. (irregular)——/,.—
20c
Brompton Pulp 6c Paper (quar._
j:25c
Bucyrus-Erie, common (year-end)Y—■
•22V2C
7b
preferred (quar.)
Sl3t
Budd V/heel Co.----—-—---..--—--...--——
25c
Biird
12- 6
,,,
1- 1
12-13
.
12- I
11-12
12-15Vb 12- 1
12-15
12- 1
12-21
12-11
12-20
12- 6
11-30
11-20
11-30
11-23
12-15
12- 4
12-15
11-30
Y 11-15 » 11- 8
/
1- 3
12-10
./1-15 "■ 12-23
(E. J.) 6c Sons
•Canadian
share
12-15
12-24
12-14
pfd. (quar.Sl3i
(year-end 1..—
SIVY
(quar.)—.
Canada
fei
Adams
Dec
In the
11-30
11-30
12-15
12-15
Brass
1
Bourjois,
?
12-14
——..—50c
;
1
20a
$1
&
Inc.
Extra
Companies
Amalgamated Trust & Savings Bank
(Chicago)- (quar.)
———
Chartered Trust & Executor iquar.)——/;
First National Bank (Media, Pa.)
(quar.)_;
First National Bank (New Rochelle, N. Y.) ..
?$2
■
12- 7
12-20
Stores,
Brach
7b
(Sidney),
Aluminum
Boston
mm;;-b"\v;;
The dividends announced this week are:
Trust
50c
/.Y
preferred (quar.)—..—
Ridge Corp. (resumed)
Top Brewing, class A (s-a)—
Y'Extra
1944
.
and
$lVij
..
convertible
Bliunenthal
1864
paid. Further details and rec¬
dividend payments in many cases are. given
under the company name in our "General Corporation
and Investment News Department" in the week wheD
Bank
10c
(quar.)
(year-end).—
Laughlin, Inc., com.
Bond
which have not yet been
.
&
Bohn
•
bonds
Oklahoma Gas & Electric Co., 4 b debentures due 1946—Dec
1
1
16
"
•
—
,
Sixth
Blue
1864
grouped in two separate tables.
Name of Covivanv
1860
debentures clue 1950
Coal
Blue
1864
tin Volume 157/
2048
•
Merchants &
Monroe
5b
991
ord of past
bonds,
—
Extended unified mtge. 4 b
bonds, ser. B, due
Maryland Light & Power Co.—
1st
Bliss
we
declared.
50c
75c
--------
Telephone Co. of Canada (quar.)
Hills Power & Light, common
1677
bring together all the dividends announced the
current week.
Then we follow with a second table in
which we show the dividends previously announced, but
first
40c
50c
Black
.
1939
mortgage
Bell
1774
Dec 15
—
in this issue,
•Announcement
7 859
1
Co.—
4VYM
:i
Incx Y
Refractories.
Bayuk Cigars, Inc. /•
Beacon Mfg. Co., 6b
preferred
Beech Creek RR. (quar.)
.
.-—/-b—Apr 1
Sheet A: Tube Co., serial notes dated 1940-Dec 15
Sheet & Tube Co. serial debentures due
•
1944-1947
;
Building, Inc., vtc. (quar.)___$1
Barkers Bread, 5b
pref. (accum.)— /—//,/ $2Va
1773
1859
Jefferson .& Clearfield Coal & Iron Co. Indiana
1st mtge.
Youngstown
1732
County—
1950—————Jan
debentures due 1966
41a b
Youngstown
$2Vas
$1Vb
Balfour
1384
:12-14..
,
(year-end)-—-
Works
12-10
12-17,
12-27
12-27
12-15
RR.—
Coast
&
1864
due 1947-i
mortgage 6s
Birmingham
Paper Mills
Baldwin Lqcomotive
1864
r
$lVi
35c
Babcock & Wilcox Co.
2046
of Delaware—
Co.
■
,
12'/aC
5b
■
■'
*
'
Badger
-
Dividends
bonds——
-——Feb
k Light Co.. 1st mtge. 4fas, ser. A. due l958..Mar
Iowa Southern Utilities
v
'
preferred (s-a)
Y——Y.
Atlanta Gas Light, 4!/ab pfd. (initial quar.)
Automatic Fire Alarm (year-end)
J"'.";
Basic
■
12-20
25c
.—I
2088
collat. trust conv.
.
25c
Corp.-/-—-— ——/
Constable
Atlanta
1864
————————Dec
England Capital Corp., debentures due 1964——-Dec
Werner Bros.-Kennedy Co., 1st mtge. 5s, clue 1955—Dec.
West Virginia Pulp & Paper Co.—
*
1st mortgage 3b bonds due 1954——i—L—
b—Dec
Western Utilities Corp., 6b notes due 1952_—--—Dec
York Corp.—York Ice Machinery Corp.—
• v
Rys. of Central America—
1st lien & ref. mtge. 6 bib
Iowa Pwr.
Corp.—
12- 1
12- 7
—
Mining-^.;—
preferred (s-a)
Cork
6b
Arnold
1478
———Dec
—
12-3
12- 3
12-13
12-20
...
Armstrong
27
22
12-27
12-27
75c
. $i
,
—
& Cable.
V/ire
Copper
1864
r
bonds/series B. due 1954—-—Dec
mtge. SV'ab
1943
New
1st
Light Corp.—
1540
1772
12- 1
12- 1
50c
$ 1H *
*,
Apex Electrical Mfg;, Common.—.—.
, 25c
7b, prior preferred fquar.)_-——$1^4
Arkansas-Missouri Power Corp., common—. *
35c
1863
1
11- 4
11-4
12-10
12-15
preferred
1st
Anaconda
1863
1
1
12-10
$1 pfd.../
(year-end) ——
(quar.)
Common
1- 3
11-15
11-15
Machinery
National Finance Corp.,
1- 3. / 12-14°
12-23
12-14"
1- 3
12-10
.
50c
50c
'
Smelting & Refining—-
11-24
12-15
12-28
10c
17 Vic
(resumed)
/American Sumatra Tobacco (year-end)
Aiiaconda Copper Mining (year-end)
Andes
$lVa.
$1VL»
—
Laundry
American
1675
—
(irreg.)..:—
6b,non-cum. pl'd,
Securities '
Ice,
12 -l
11-23
12- 1
1-12
20c
25c
——
——
Investment
—
: American
7b
(monthly)
—
American
1863
-
Sl'bt
(year-end)—.—.—
6b. preferred
12-11
1-
50c
Products
i
American
1943
—
common
1
12-20
12-1
12-13
12- 6
1- 3
50c
50c
Home
Extra
Extra
1948.—-.——c.—L_u_——Dec -,1
6b debentures due* 1945_tL—-Dec
1
conv. 6 b debentures due 1945-Jan
2
Utilities Employees Securities Co.—
Income bonds and notes due 1981
to 1951—
1948
-V
lb-—
Lines
American Ice Co.,
American
1
3
1
—:
—
County—
American
1863
(
Hospital of Bellevue, Pa.-—. -. .'• <;*>:* •
1st
mortgage bonds due 1945_j————1-—Jan
Temple University, 1st mtge. 6b bonds———————Jan
Thermoids Co., 1st lien collat. trust 5b bonds due 1951__Dec
Thompson Products, Inc., conv. prior preference stock--.Dec
Toledo Edison Co., 3'ib debentures due 1960.Dec,;
Tubize Chatillon Corp., 7b
preferred stock.,—L—Apr
Twelfth Street Terminal Buildings—
.**.*'
1st mortgage bonds dated 1926...
—i——..Dec
Union Bus Terminal & Garage Co., 1st mtge. 6s, due . , •
6b
Alleghany
(quar,)..—b—SIVY
Growers— A,
—1
-25c
1675
295
^,
Fruit
preferred
2086
bonds, series A, due I960——Jan'
United States Leather Co., prior preferred stock———Jan
United States Leather Co., 7b cumul. prior pref. stock.iJan
Rubber Co., 6b
&
conv.
Felt,
•
^
Suburban General
United Public Utilities
Globe-Democrat Publishing Co.,
Illinois Power
Corp.,
of
Dairies
Export
6b:
1863
2086
vv.
series B, due
Studebaker Corp.; 10-yr.
cash
34^'ec in
or
Co.
'
1 32nd share
American
1771
1
t
484
1824
1440
due 1944-1946—Dec
1
preferred stock, series A..Dec 31
I'.'r preierred stock—-Dec
1
Gulf States Steel Co., 1st mtge. 412s, clue 1961
—^JDec 22
Heywood-Wakefield Co., 5b debenture bonds due 1946—Dec
1
Idaho Power Co., 1st mortgage 3%#' bonds due 1967..Dec 17
serial bonds,
mtge.
Dec
I-''
'• '
a_„—————-i-^ebu 1
Standard Public Service Corp.—
lien 6s.
stock
B
Coal
American
1862
v
due 1949 _—
—
—Decr
& Bros., Inc., preferred stock-.—;——Dec
Springfield CityWater Co., 1st mtge..4s, ser. A, due 1956—Apr
General Theatre Investment Co., Lt.—
General Tire &
'
(A. G.)
lien 6b
Power
American
series B,
1st
class
75c
(quay.)——-—
& Light, $3 class A
Cities
dividend series of 1936)
American
■
1967— ——Dec 15
1—i
1944-1954
due
preferred
American
1862
1
in the Diocese of Chicago-
Southwestern States Telephone Co.—
Studebaker
of
1862
20
15
1
1
''Y/. Y bYY-bY-YY
1st lien 25-yr. Sit
2051
15
1
1824
1824
1824
1636
Y
B, due 1952—Dec * 6
1st lien 20-year 5Vsb gold bonds, ser. A._Dec
1st mtge. &
Elk Horn Coal Corp.,
6b
12-10
11-26"
12-9
12- 9
1- 1
12-1CT
1-1
1- 1
Mfg.-l (year-end)—40c
Bank Note, common (ivreg. i_»
''
20c
'
second preferred stock—Dec -1
Southern Advance Bag & Paper Co., Inc.—
1st mortgage 4lis due 1955————^—1——Dec ibl
Southern Pacific Co., 10-yr. 3^4b secured bonds due 1946-Jan
1
Southwestern Public Service Co.—
•
6s,
American
(opt.
1
1
1
1
Y-:-yY;;; Yy
Gas Corp.—
1476
12-10 b 11-30
SI
.
Goods
(Year^end)
6 b debentures due
Southern Union Gas Co.,
Spalding
American
b——
(quarj—$Ui>
preferred
1770
dated Dec. 1,
"1st
redeemable convertible
"
/.Y/V
53b debentures due 1951__;_~__—Dec
8
182$
Commonwealth
10-year
1st mtge, 3V2S, due 1967—Dec
Co., Ltd., 6'/b
_.
1728
1935
1
1
-Apr
1956
notes
4'S2l/a
0/ Rec.
12-10
12-10
'l£- 5
12- 1
.
....
(initial
common
6b
1- 3
1- 3
12-15
1- 1
S3
(s-a)-_;b
pfd.
5b
Corp. of Ameiica—
Aluminum
Pav'ble
SIVY
$1:L
Ltd—————
Baldwin,
&
Steel Corp., Ltd.,
New
1940-—-——-L———Dec
1
Public Service Co. of Colorado, V< debentures due 1949—Dec
1
Salmon River Power Co., 1st mtge. 5s due 1952J-——1—Feb
1
Seaboard Air Line Ry., receivers' certificates clue 1945__Dec 1&
Shell Union Oil Corp., 15-year 2Vi b debentures due 1954. Jan .1
1st
1822
1
Gen. & ref.
Cincinnati Gas & Electric Co.,
Protestant Episcopal Church
notes
Aluminum
1861
1
Pressed Steel Car Co., Inc.,
Serial
A'aoma
2051
15
by ext. in 1950-.:
iMDec
5b debentures due 1951——Dec
mtge. 5s due
pieferred
Alexander
1861
Southeastern Greyhound Lines,
Brewing Co.,
Bavarian
1st
$7
1861
Holders
When
Per
<1
•
/
Share
..
6b preferred (quar.)_
(quar.)—lb.__——
Power,
1476
Electric Co.—
Portland General
Series C 5b
Pet>
—Dec.
———
—
preferred stock-—:
American Distilling Co.,
•
-
1
1
Alabama
1861
1
due 19811
—J———Dec
Philadelphia Transportation Co.—
Consoi. mortgage 3 b -6b bonds, series A, due 2039—-Dec
Pittsburgh Steel Co., 1st mtge. 4lib bonds due 1950—-Dec
;
16
guaranteed 4Vab
bonds, series D 4lib
Page
Date
Company and Issue—
Acadia Sugar
40-year
Pennsylvania Glass Sand Corp., 1st mtge. 3lis due 1960-Dec
Phelps Dodge Corp., conv. 3V2b debentures due 1952—Dec
Philadelphia. Baltimore & Washington RR., gen. mtge.
payable Dec. 3 to
stock,
common
V,b;;b
1861
•
: ,
■; bv b
ctfs., series D, due 1944.;—Nov 30
Pennsylvania Co.—
common
of $1.50 per share on
dividend
(Continued on page 2189)
Paae
Investment
Dividends—
Stove Co.—Larger
Coleman Lamp &
Name of Company
Redemption Galls and Sinking Fund
'
-
cents per
share and the regular quarterly dividend of 30 cents per share, plus a
year-end dividend of $1.20 per share, on the capital stock, all payable
Dec. 14 to holders of record Doc. 3.
A regular of 30 cents and an
extra-of 20 cents were paid on March 31,'June 30 and Sept. 30, last.
Payments in 1942 were as follows: March 31, June 30 and Sept. 30,
30 cents each; Nov. 17, a special of $1; and Dec. 22, 30 cents regular
directors
The
,
Date
and Issue-
Colony
20 Cents Extra and
$1.20—
dividend of 20 .cents per share
extra
an
Trust-t
_-_..Dec 15
4Vab debentures, series B, due 1952—4—
1
One East Fifty-Fifth St. Corp., 1st mtge. 4s-due 1955—Dec
1
Ottawa Valley Power Co., 1st mtge. 4s due 1964——/-.Dec
1
Paterson A State Line Traction Co., 1st 5s, due 1964—-Dec
1
Peaslee-Gaulbert Corp., 6b preierred stock;..——.Jan
Old
-
interim
year-end of $1.-~V. 158, p. 1935.
a
A Year-End Dividend of
capital stock, par 810, payable Dec. 10 to
Regular distributions of 15 cents each were
the
Nov.
on
Climax Molybdenum Co.—To Pay
holders of record
Nov. 30.
made on Feb. 12,
May 14. Aug. 13 and Nov. 12, this year.
Payments during 1942 were
.as follows:
Feb. 13 and May 15, 10 cents each; Aug. 14 and Nov. 13,
15 cents each; and Dec. 15, an extra of 20 cents.-^V; 157, p. 519. Y ;
$559,375
237,616
$888,701.
$629,713
——————
50
and
20-Cent Extra: Dividend—\
Chilton Co.—To Pay
98,401
475,232
directors
taxes,
renegotiation
ion
$1,133,008
on
Surplus
Govt,
Co.—Dividends—
dividend of 50 cents
per share on the common stock and the usual quarterly dividend of
Si.25 per share on the 5b. cuniul. preferred stock, both payable Dec.
11 to holders of record Nov. 30.
Like amounts were paid on March 31,
June 30, and Sept. 30, last.
Payments on the common stock during
1942 were as follows: March 31 Sand June 30, 35 cents each; Sept. 30,
payable,
$2,968,677;
payroll,
U,
$613,845
80,194,83*4
95,466,006
1633.
p.
Cleveland Graphite Bronze
refund credit, $532,000;
(less reserve for depreciation
$4,902,614; prepaid insurance
..sY-'-'/Vt yY'.' ; Y'/Y.'i1
cost
1943—10 Mos.—1942
$621,958
$60,802
9,053,482
$62,387
'10,268,920
charges—
passengers..-—
158,
The
$5,000,000; current accounts payable and
etc.—accrued, $390,034;.'amount, payable to
of war contracts, 1942, $3,624,680; re¬
serve
for renegotiation of war contracts, 1943, $5,135,000), $8,759,680;
reserve for Federal income and excess profits taxes (less U. S. Treasury
tax notes, $6,379,430i,
$1,026,428; reserve for post-war adjustments,
$1,000,000; 5preferred stock (par $100), $1,902,700; common stock
(249,838 shares no par), $4,996,760; capital surplus, $417,115; earned
surplus, $4,486,654; capital stock purchased for and held in treasury
(1,101 shares preferred and 12,222 shares common), Dr$295,825; total,
$30,652,224.—V. 158, p. 1128,
,
'
Liabilities—Notes
$3,00(^,716
$9,210,484 $12,825,224
199,403
109,720
Miscellaneous
Net
1940
1941
1942
1943
profit.....
Gross
machinery, etc.—at
buildings,
special amortization of $7,589,693),
and taxes, $64,632; total, $30,652,224.
and
all
U. S. Govt, securi¬
Treasury certificates series B1944i. ,$3,500,000; .accounts
$7,015,133; inventories, $9,890,581; investment in and
to
Buchanan
Land
Co,
(100'7
owned), $22,371; sundry
investments, $3,024; post-war excess profits tax
land,
Co.—Earnings—
Clark Equipment
lifter
-Net
Y' .Y-y.
■
1943—Month-r-1942
Period End. Oct. 31—
war
(net),
advances
—V, 158, p. 1934.
and
banks
in
,
Cincinnati Street Ry.—Earnings—
Federal
tlncludes
taxes,
profits
excess
post-war credit of $532,0001, $4,780,000;
U. S. Govt,
for renegotiation of 1942
b
Monday. November 29, 1943
FINANCIAL CHRONICLE
THE COMMERCIAL &
'
2154
———
,
12-11
12- 1
Volume
Number
,
-'.
.
•
Name of
•
Molybdenum
'■
1
1
Per
Co.
Payable
.
12-11
11-30
12-11
11-30
30c
12-24
12-
(quar.)
12-
3
Hinde
i-
3
12-
$1.20
Water Works Co., 7% ,-pfd.
Chemical Co., (quar.
12-14
$1.75
(quar, lb"
1-15
12-10
.
Credit
Co.,
Commercial
Investment
Commercial
Solvents
Commonwealth
Trust
12-
S(j
preferred
12-
1-
12-
3
1-
3
12-11
1-
3
12-11
Common,
11-29
$1.50
62Vzc
12-15
Consolidated
Coppermincs" (year-end)
*
10c
12-15
Consolidated
Film
S2
Consolidated
12-31
25c
(quar.)
Paper
12-
12-
Continental
$2.50
Diamond
Fibre
7
convertible
57a
Coty, Inc.
Crane
Leased Lines;
11-30
■'
5'o
12-15
Intercontinental
12-15
International
12-20
11-30
12-15
12-
12-18
12-
12-18
12-
4 $1
12-18
12-
Crosley- Corp.
Publishing
Crown Capital
Manganese
50c /
Fund,
.4;
(quar.)________
12-
12-
:
Rubber
Metal
12-10
12-
12-31
/.:■
12-15
12-
12-31
■:
,
$1
:
Hosiery
1
$1
12-17
Oahu
12-
Ohio
17c
(quar.)__
1-
xlVi'/o
1
U-30
3
U-30
1'jv
1-
3
U-30
II-26
11-22
,11-30
1-3
xl *A-7«
__—
20c
$1.50
1-15
1-
2-
■
12-10
12-
$$1V4
$$134
1
$3
12-1
12-
1
$6
12-
1
U-20
37*20
1-
2
12-
3
1-
2
12-
3
12-20
12-
9
40c
Refining
'J.
3
12-
Lighting,
preferred
1-
3
ii-27
•7(».
preferred
6
,11-26
30c
12-10
12-18
Kleinert
12-10
75c
Eastern
1
11-23
Lamaque
Lambert
1-
50c
(year-end)-_4____v-
11-20
10c
12-23
12-10
t50c
.
Eastern
,12-31
12-15
Extra
r.
/.
$5*3
(initial)
Common
/
__ _
■,: •.$25c,
tllVzc
__b_4______.-_.__.4.' :50c
1-
3
8W preferred
Fink
12-
4
Lehn
12-21
-12-
1
12-15
11-
8
Lindsay LightChemical,'. 17o
Liquidometer ,Corp.
El
Paso
Electric
Co.
(Texas)—
Loblaw
;bb''bb„■
;,,
$4.50 preferred (quar.). ________________
SlVs
Eiperspn Radio & Phonograph (year-end)10c
Erie & Pittsburgh RR. (quar.)
37*.2C
Essex Co. (s-a)
;
; $1(4
Extra ;b_~_—b_b__r_b__j
•$11.4 •'/
_____________
&
1-
3
12-15
12-15
12-10
12-10
Pacific
Coast
$l*i
3
12-15
10c
i
12- 6
30c
12-12
$10c
2-'l
.
50c
1-3
12-15
12-
Extra
1
$S1;
Z
12-
Lord
12-
Ewa
Plantation
Co.;__-i_________—_______
80c
Eversharp, 5r4 preferred (quar-tO25c
Bearing Co. (quar.)______bb______
$1
Pafnir
Extra
:
—
Palstaff
Federal Motor
Truck
Federal Water
&
Felin
(J.
J.)
Financial
Industrial
Food
class
A
3
3
-'12-31
12-
Fund
preferred
12-15
12-
3
12-
1
12-
Poote-Burt
Ford
1
12-
15c
2-25
12-23
2-11
45c
12-17
12-
12-
25c
12-15
12-
11-19
■
•
1
11-12
11-30
Martin
12-
1
11-20
Maryland
12-
1
11-20
25c
12-15
.621-/2c
12-15
(Canada), class A
"•
,
Wheeler, G'?b prior preferred (quar.)_
6prior preferred (quar.)
G'4 prior preferred (quar.)T._____4'i__--__'
6(4 prior preferred (quar.)
^
12-
.-37Vic..
37Vic
—
37Vic
____—
12-21
1212-
De
Luxe
Brewing
25c
'
2
1-
1
1
1
6-15
10-
2
9-15
12-15
12-
1
12-
1
(irreg.)
12Vic
12-15
12-
(Irregular)
Pox De Luxe Brewing (Michigan) (irreg.)__
Fruit-of-the-Loom, $3 non-cum. preferred—
2V2C
12-15
12-
12-15
12-
1
com.
Preferred
Extra
$2
12-10
12-10
12-
&7*
11-24
12-10
—____—
.
General
Cigar
1-
3
11-29
General Mills, 5(4
_
General Precision
General Tire
Equipment Corp.^_____—
Rubber, 6(0 preferred A
&
1-
1
25c
12-15
$lVi
Midvale
12-3
1 2c
12-21
12-
; 20c
12-15
12-
1
t75c
:i:75c
12-31
12-
2
12-
2
-
—
Great Western
7'4
Sugar/
preferred
Greene
Cananea
12-31
4
50c
—;—
Copper
1-
3
1-
3
$5.10
12-15
50c
12-
•
.
12-6
10c
12-27
11-30
$6
;
Hamilton United
Hamilton
Watch
Theatres,.7(4
Co. (quar.)
(quar.)_
12-15
u-30
$$1(4
12-31
11-15
20c
12-15
12-
15c
12-22
12-
11-22
Harrisburg Railways (year*end)—
(extra)
'
Haverty Furniture, $1(4 preferred (quar.)—
Hathaway
Hawaiian
Mfg.
(quar.)
Commercial
&
Sugar
(quar.)—
:
1
12-
2
1-
I
12-20
12-15
12-
4
tquar.)
1-
12-
1-
12-
1-
12-
1-
12-
1-
25c
1
12-
12-
4
4
12-
11-24
$1.75
SI *4
12-
$1.27*/i
12-
$l3a
1212-
50c
U-20
U-20
12-10
11-19
12-10
$1.75
1-15
1- 3
1-
1
3
12-
1
66 Vic
1-
3
12-
1
1-
3
12-
1
$l34
1-
3
12-
Alexander
t yea
$3 ■
40c
12-
3
12-20
12-
1
12-23
12-10
1-15
1-
4
1
•
1-
1
12-15
11-26
12-13
1-
3
1-
3
12-15
1-15
$1
12-21
12-15
1-
$1.75
(quar.)_
1
1-
1,2-10
$1
12-11
3
35c
12-
2
12-15
12-
1
1-
$1
_
1
12-10
1-10
50c
.12-15
50c
12-15
12-
4
50c
—
(year-end)——
tquar.)
12-13
25c
8'o pfd. (quar.h
il2-14
12-
2*
1-
02 *'2
—
12-15
3
1
12-15
12-
$1*2
12-
1
11-20
'$$1^8
1-
1
11-30
2-
1
Inc.
.
Service
Co.
quar.)'„_
of,
15c
41',4c
—
tquar.
Corp.,
.
)„"____
common
U-30
12-15
U-30
50c
12-23
12-13
50c
12-23
$l'/a
voting
tquar.)
12-15
S1V4
——
non-voting
1-15
•M
New.Hampshire—
tquar.)
tquar.)
—
—
.
1-
$134,
_
12-13
12-20
3
(Boston)
12-
6
25c
12-10
12-
3
25c
12-15
12-
1
12-15
12-1
(quar.i„—
75c
12-24
12-
1
______
$1*2
2-29
2-
1
25C
(George) Fund
12-10
12-10
$134
(year-end)
—
Packing Co.—
Co.,
2nd"
67o
preferred
&
11-29
12-23
12-10
12-15
12-
8
30c
1-
2
12-10
$l*a
.
1-
2
12-10
lc
12-15
U-22
.$1.50
1- 3
12-11
60c
—
11-23
12-31
3
11-23
12-27
12-10
Sl3,4
12-27
.12-10
75c
12-18
12-6
20c,
(quar.)—
(quar.)_—
12-14
12-
$1*4
,5(y preferred (accum.)
12-21
$1*4
preierred- (quar,—
Safeway Stores, common (quar.)—
preferred
12-23
12-11
S3
—
VS6
5ro
11-27
Corp.—
prior preference (quar.)—
Russell Industries, Ltd,, common
1-
$1V4
_______
1
12-13
40c
12-1
+75c
12-21
;/
75c
1-15
•>
$7
12-15
12-
SI
U-30
11-24
12-
U-20
St. Helens Pulp & Paper Co.
(year-end)——
67v pfd. (accum.)
6(4 preferred t accum.)———
Salt Lake A Utah RR., T/o non-cum. pfd.—
Sanford Mills (year-end)—
San Jose Water Works, 4V47o pfd. (quar.)—
Schenley Distillers, 5*2% pfd. (quar.)
Schlage Lock (quar.)—;
St.
11-27
54
Co.__,
Co,,
1-13,
'
30c
(quar.)
Metal
12-15
50c
preferred (quar.)——.—_
Alills, 7'4 pfd. (accum.)__
Lawrence Paper Mills,
29 7/lOc
12-
1
1
1- 3
Sl3a
l?VaC
—
1
11-23
12-27
v
12-20
12-15
12-10
"
Clark
$5
Shell
Steel Corp.,
Union
Oil
Extra
Corp.
—
(year-end)—
Optical
u_,
11-15
11-15
U-30
U-20,
U-30
U-20
U-30
U-20
Sixth
12-27
12-10
Smith
12-11
12-11
12- 3
12-15
12-
12-
'
3
1
11-20
$$134
1-3
12-10
35c
12-13
12-
50c
12-
1
11-24
12-
SIV2
—
(year-end)
$3 conv. preferred
(quar.).^—,
Singer Mfg. (quar.)
—
12- 3
1
.
1
Publishing—
Common
12- 3
1-
12-15
25c
-
n__.
12-23
4
60c
—
Shenaifgo Valley Water, 67o pfd. (quar.)—
Sherwins-Wiliiamsof Canada, 77« pfd, (quar.)
Shuron
1
11-24
$1.25
(quar.)——
:—
12-
12-
25C
(accum.) —
common
preferred
conv.
1
12-10
50c
12-10
75c
(quar.)
Security Title Bldg., $7 pfd.
12-
40c
Scudder Stevens &
Simmons-Boardman
.
12-15
12-10
$1.25
r-end).
Richmond Water Works
1
40C
2
$5
Rice Ranch Oil Co
12-15
1-
12-15
1-
25c
——
Co.
Chocolate
&
12-' 3
1
12-20
37V2c
40c
Co
U-20
1
12-
$1*2
lc
Brass
1
1
12 *2 c
lc
Alueller
U-20
Development—
Morgan town Furniture, common (s-a)
(s-a)
12-20
1
2
$1(4
'
1
preferred
preferred
Sharon
(quar.)__.
preferred
1
1- 3
$1*4
;
(quar.)_
preferred B
6'b
11-23
12-
$ 1V4
preferred'A
lro
Mount Diablo, Oil Alining A
-
1
12-18
12-14
12-10
1-
$1
—
57o
40c
;
12-10
12-20
75c
.
(irreg.)
Iron
&
(initial
Rockwood
1
12-20
$1
____
tquar.)
Power—
Radiator
Coke
&
Riverside
12-16
12-
8
3c
'
12-
50c
(year-end)
Remington-Rand, common (interim)
$4Yz preferred (quar.)——_____—
;
$55*20
7cc
-
12-20
1
1
12-16
50c
Remington Arms Co., common (year-end)
67<>' preferred (s-a)__
—
12-22
12-
12-
12-
18c
__________
(quar.)
common
Real Silk Hosiery
U-22
1-
SlVi
'
11-18
37(4c
1-
12-
U-30
3
$1
preferred
(year-end)———
Nut
Reading
2
$1*2
$3.50 pfd. (quar,)____
3
$2(4
50c
11-22
$l*i
ii-30
20c.
.
12-
a
$1%
^..
12-
1-
12*2C
6
25c
Corp., Ltd., common
6
12-15
$1(4
!
pfd. (accum.)
Hartford Steam Boiler Insp. & Lnsur.
12-
Moore
12-15
$50c
______
12-27
;
12-22
SlVi
$50
12-15
40c
j.—_______________
Food Co.
Rath
12-15
/
Group No.
Utilities, $5V4 pfd.
preferred (quar.)—
1-2
Minneapolis Mining A-Mfg Co. (year-end)__
Mobile/Gas'Service, 6pfd. (quar.)
Molybdenum Corp. of Amer..
12-20
U-30
43 34C
U-30
$1*4
'
12-15
tquar.)
Quaker Oats, common (reduced)
6'o
preferred (quar,)—__—
4
12-21
;
25c
(quar.)
preferred "(quar.)_.
12-15
11-30
25c
12-23
25c
12-10
1
12-15
$2
Pyle-National Co.
12-15
6:b : preferred - (quar.)
Monroe Chemical Co.,
2 Oil Corp.
1-
3
1-
50c
Monongahela .Valley Water Co.—
7'b "preferred
(quar.)___".
States
1-15
1-
12-13
l8;Lc
Mill
Putnam
12-15
Water -(year-end)
12-20
Gulf
12-23
crigincil preferred (quar.)
7'V 1st preferred
tquar.)_—
12-10
12-
Co.
12-11
Group No.
12-22
62*ic
12-31
—.—_
25c
1- 2
-
12-31
1 Oil Corp.
25c
7G
4
12-31
Co.
11-30
12-31
U-30
Airways Corp.
Butler
Common
U-30
12-
$134
12-20
.
12-10
12-15
12-24
:
6
:
common
$6
7
Sl34
12-31
Gas,
12-15
12-11
iquar.)
Fisheries——
Heat A
Publication
11-22
4
SI
(year-end)—_____
24c
$1*4 participating preferred—
31l4c
Participating
——___——,!
4 88/100c
Greenwich Water System, Inc.—
6(4
preferred (accum.)
$2.25
Greenwich
12-
12-
SIV2
preferred
5V'2r.'o
12-15
$134
common
(quar.)—
12-24
$1.31*4
Piping A Supply (year-end)
Milwaukee Gas Light Co., ;7Vo pfd. (quar.)_
Minneapolis Gas Light Co.—$5 participating units (quar.)
57o -preferred-(quar.)
11-26
Mines, Ltd; (interim)—:
Gordon Oil, class B (quar.)
Great West Saddlery, 6(4 1st pfd. (quar.)_l
6-4
2nd preferred ,(quar.)___
$5
7
25c
Midwest
Goldale
12-
$1*8
Oil
Middlesex
12-10*
12-31
12-10
12-31
50c
Water Works,..7'4
Public
..
Midco
11-26
Gilmer (L. H.) .Co ____—______25c
SlVa
tquar.
(quar.)_j__________________
preferred (quar.)_;—
Common
1
$1*4
-:iv-
prior preferred (quar.)
Mesta -Machine
12-24
130c
preferred
$7
11-29
12-
$1
v
y
(quar.)__
12-11
-
12-1.5
12-31
5
'
U-30
12-15
35c
;
(quar.)___„
12-24
(year-end)
50c
preferred (quar.)——$1(4.
Extinguisher
$7
4
12-
12-J5
30c
_____
(quar.)
$6 prior preferred (quar.)
12-15
12-10
12-31
75c
Brothers A Co., Ltd., 5)2',4 pfd. tquar.)
Public Service Co. of Colo,—
2
12-13
7c
;
$l3-4
—
i__
preferred
12-
12-18
General Fire
12-20
35e
12-
12.-10
12-15
25c
__________________
12-24.
12-18
•
.
4334C
(quar.)___
11-17
3
Pratt
3
25c
Metropolitan Edison, $5 preferred
$6
preferred (quar.)
1
12-31
...
preferred
12-14
25c
——___________
tquar.)___________
common
Price
12-15
10c
;
^
;
Extra
11-24
50c
Railways, Inc.
10c
Gemmer Mfg. Co., class A__——'ii.4/*75c
Class B
—,
25c
General Baking Co., $8 pfd. (quar.)__$2
Gary
12-
12-31
SlVi
^
(quar.);
5 'A 7"
preferred (quar.)
Mergenthaler Linotype (year-end)
Merrimac Hat Corp., common (quar.)_
1
12Vic
4\Jzr,'c
1
(Ind.),
12-15
11-17
1-
Powdrell
12-11
12-15
$1*2
(quar.) ___i.____j.___
McKesson A Robbins, $4 pfd. (initial quar.)
McManus Petroleums, Ltd., partic. pfd. (s-a)
Mengel Co., common (year-end)
W;o- 1st preferred (s-a)
Merck A Co., common (quar.)
3-15
7-
1-3
20c
.
12-15
4-
60c
&
>
S1V4 '
Planters
3-20
$1.75
12-11
12-22
12-
Pittsburgh
12-20
1
__
(year-end)
Corp. (extra)
McCrory Stores Corp.
2
12-21
12-15
(Chicago)
Co.•
1
3
12-22
12-10
■
.
McCall
12-15
12-15
53
$1.50
7
Pioneer
U-29
1-
1-
4
3
Pierce
7
4-
(quar.)
4
11-30
12-31
-t25c
4:25c
37Vic
:
,44
Fund
12-10
11-20
$1.25
Philadelphia Electric Power,
11-30
12-
Sl3'4
Mastic
11-30
25c
B
(Glen L.)
3
$1*2
Asphalt Corp.-(quar.)
Mathieson Alkali Works, common
7 7) preferred (quar.)
Maul Agricultural (year-end)
McBryde Sugar ___L—ZZ—
35c
(quar.)
Foster
Pox
.6V»
,
12-15
1
40c
(quar.)_
Co.,a common (year-end I
preferred (quar.)__
preferred 2ndv.series
10c
(quar.)
Fox De Luxe Brewing Co.
&
6 ''o
1-
$l3i
:
Co.,- T/o :pfd.
/
12-15,
50c
1
1-
Peoria
4
+$1.25
pfd.__
12-
12-
$1.50
.
(accum.)_
Aggregates
Cos.,
Permutit Co.
3
(year-end
11-25
1
12-15
35c
12-
Peroleum
3
12-17
12-
$$1.50
11-19
$1
$5
12-17
1-
$1.75
Marshall Field
12-10
12-
6
1
6
11-26
.
pfd, tquar.)
Peoples Gas Light A Coke'—,—
12-10
3
$2
:
(year-end)__
Marion- Water
12-1t
12-24
..
Common
11-19
75c
(B.)-Co., T/i", pfd. (quar.)
preferred < quar.) .,_a_
77o
(quar.10c
Co.
Motor
Class
12-21
35c
70c
11-26
15c
preferred > (quar.)
"'
12-15
1212-
2
__—4_
2
12-20
Manischewitz
11-30
2c
•
'
Food Machinery Corp.
12-1
•
12-
40c
.
Fair'Stores, common (quar.)
$2*8
12-10
12-11
12-31
1-
Pennsylvania Edison, $2.80 preferred (quar.)
'-/•< $5 preferred tquar.)4___—___
Pennsylvania Glass Sand, common tquar.)—
5
preferred (q ua f*.) —1
Pennsylvania Industries, $6 pfd. (accum.)—
Pennsylvania Water & Power. Co.—
2
12-10
•
Structural'. Steel Co., 5'.i>
Macy-; (R. H.). & Co. (quar.)
Mallory (P..- R.) & -;Co.5(year-end)_
1
12-31
preferred tquar.)
Patchogue-Plyniouth Mills.
"12-17
12-14
(reduced)
MacKinnon
12-
12-15
4'V
12-15
12-20
(reduced
Lunkenheimer• Co.
"
1
3c
.
-4
(year-end)_—_—
class B
(quar.)
12-
$2
_________
(year-end)_
Pitzsimmons Stores,
6
12-20
12-10
'15c
10c
(year-end)
(year-end)
$1
3
t50c
4
(quar.)
Gas
Co.
,"5G" Petroleum
5(4
,•■
Brewing Corp. (year-end)_L_
Players Canadian Corp., Ltd
Famous
1-
'%■■%%>
8
15c
Tilford, 6(p preferred
Parrafine
:
>v
12-
J25c
(quar.)___-A,
j:
Park &
1
17 Vic
(quar.)
&
Taylor (quarO/iirii:
Lori.llard ,(P.).»Co.,, common
11-18
12-15
11-
50c
Lone;Star Oement Corp.-j (quar.)
f
11-18
12-1
-
3
12-22
Ry,
Indemnity
Pan American
U-30
35c
-.common
12-
10c
1
20c
pfd.
12-11
4
$834c
7(c participating preferred (quar.
Sugar
Pacific
(Ontario)—
.1
Groceterias,,;,Inc.,
•; /Common
11-30
12-
;
Products
1
3
12-10
Lehjgh Coal.'Ar'Navigation:/year-end)
12-20
:
12-
1-
12-
tquar.)______
i
Gas,
American
37 Vic
$13,4
Mfg
11-30
12-10
.$1
_——
.
U-30
12-15
3
$1.75
iquar.)
Pacific
150c
12-3,
1-
$138
common____-.
12-10
1-
12-10
-
Electric Storage Battery (year-end50c
Elliott Co. (irregular) "b—_b_—__;b
..// 30c
Electric Controller &
Ltd.,
Electric
'
;
12-10
,
—______________
12-10
13c
12-15
1834C
Oneida,
12-10
12-20
12-24
12-10
25c
United
Ottawa
12-23
(quar.)_
'
(Irregular)
12-20
3
1-
.
.
.
25c
Filters, class B t year-end)_—
Omnibus Corp., common tresumed)________
'
V7(4. preference.(quar.)■
Electric Auto-Lite
3
(s-a)______:
prior preferred
conv,
Oliver
U-29
12-23
(interim
/Investment
1
12-
(quar.
12-22
12-23
(I.^B.) Rubber (year-end)_________
Lambton? Loan
12-
Onomea
$2*8
/
Gold Mines,' Ltd.
Co, (quar.)
Co.
preference
12-
$2.55
(accum.)_
Kinney-Mfg.' Co;/ $6 non-cum pfd.
Kirby Petroleum Co; -,(year-end)
12-15
3
Co.-—
6',y
Natural
11-29
25c
(accum.)_
12-
pfd.
< accum.
50c
—_
6 'a
75c
<
prior
preferred
12-20
$2.97li" / 12-23
5/v
12-15
1-
tquar.)_______
Tube, common_____
12-22
50c
Kings County
3
1-15
'
Seamless
SI
:
11-20
1-
«
Water
25c
•
12-15
l-'l
4:
40c
Copper
(quar.>
2
1-15
12-20
9
:!
.
Kimberly''Clark
1-21
12-
12-10
(year-end)
pfd,
Telephone Co.-—
prior preferred
$1.75
11-20
preferred C
.Year-end
12-10
1
Drydock—
Ltd.
preferred class A
Oklahoma
11-20
$3
37 Vic
i-15
Cities
Ohio
1
;
Kelsey Hayes Wheel, class A
1
12-1
75c
■
Textile, Ltd., common (quar.)___
preferred (quar.)
Draper Corp. tquar.)
Duquesne Brewing ——
Eagle-Picher Lead (year-end)
Eastern Corp., 57o conv. preferred (s-a)____
12-
2-
$6
Utilities, 6'/^preferred tquar.)
Finance Co.,
57o
■
12-15
12-24
12-10
15c
Sugar
$3
Kendall
$55'/2c
Co.
Ltd., 7'«
Associated
6',b
Ohio
3
50c
Ohio
Gulf Ry.—
11-30
Kennecott
7
12-23
$1.31*4
tquar.)
r:x- 6(f>: preferred" (quar,)
11-30
3
12-
12-
12-10
50c
Weaving,
Northwestern
11-24
3
Kendall
7(«
/■ ,~4
1
1
1-
12-24
1
12-30
12-24
uC
,
_
Oklahoma Gas
Northern
lr
1-
11-30
preferred
Merchandise
Wire
Star Oil,
12-15
x$l34
12-10
York
12-
<qua. ;xl \k7c
11-30
3
New
25c
iquar.i___
12-10
1-
2C
$25c
___—
25c
(quar.)._„_______________
preference B (quar;)
12-10
'
(year-end)_—
1st
Clock
Haven
$l34
"
,
preferred A
&
U-30
25c
Newport News Shipbuilding &
2*
preference
$$ V/z
Dominion
.---r4
12-
12-15
preference D
Kansas Oklahoma
U-30
U-30
■
Mills
C
12-10
12-15
1^-15
$4
(initial)___;)
preferred
Co.
$5.25
Year-end
Stepan^'& Shinkle Shoe____
Joplin Water Works Co., 6
pfd. (quar.).__
Julian & Kokenge ;(year-end)
'
12-10
$1(4
: ;
11-27
T/o
15c
(quar.)
Rolling Mill (resumed)
Theatres, Ltd. (interim)
Easy Washing Machine, Ltd.—
12-18
12-10
11-30
$ 1V 2
Co., 6V2M: pfd, .(accum.)
New Jersey Water Co., 7Vo pfd, (quar.)____
New Jersey Worsted
1
11-29
2
'i
15c
.
12-4
1-
37Vic
_
New
North
12*/2c
pref. (accum.)_!._____
Distillers Corp.-Seagrams, Ltd., common
3
Niagara
non-cum.
conv.
12-
1-10
6./0
.
12-20
25c
■
Neptune Aleter, class A tyeaoend)
Class B
(year-end) ___—
New England Fire Insurance (quar.).<:._—
1-10
11-30
:
6
12-10
12-15
(extra)
12-
1
25c
Stores, common (quar.)______4._____
614 preferred (quar.)
"
Disher Steel Construction!' Ltd.— •
"//'/v'/:;
6-10
11-26
3
1
Devonian Oil
Diana
1
6
1-
3
preferred A (s-a)
preferred B (quar.)
Iron
(quar.)
712-
$3
Tool
Corp,,
1-
6'c
Malleable
$2
70c
3
12-10
12*
Refining__.
Sugar
non-cum.
Nehi
2-
6(,b
Eastern
12-11
2-
11-30
Dr.
1-3
12-
National Terminals—
a
$25c
12-1
preferred
Pepper
12-20
$$lVi
12-20
5(4
11-20
is 1 V'i
12-10
A
1
->-V; $2
—__—;
$1
(quar.)
12-
National
convertible
75c
'v
11-27
12-31
3
11-30
37*.
tqunr.)__
(quar.)______;
6(t> preferred B. iquar.
National Refining Co., $6 prior p.fd, 1 accum.)
National Steel Car, Ltd.
(qimr.)__—______
6
$l3/4
3
1-
25c,
4
12-17
37 Vic
Johnson
/■/.,.///v;.'a;
Delaware Rayon, class A (year-end)
Tunnel______;
$1.50 class
15c
:
12-
12-13
12-
12-10
25c
Lead, common
12-18
.12-15
convertible
Detroit & Canada
Corp.
12-27
-
12-15
preferred (initial quar.)
Shoe
12-20
5'b
1
$1
Delaware Power & Light Co.—
Diamond
National
12-
2
12-10
3
25c
(quar.)
National Gypsum Co
1
3
12-
1-15
1-
$1*4
(Detroit.)
Grocers, Ltd., $1.50 pref,
1
d7c
5'«
1
Casualty Co.
12-
1-
22-20
1
50c
preferred (quar.)„_
12-
$S1
U-30
25c
Industries, Ltd.—
(interim)
A
5',b
National
12-10
—______________
Cellucotton ;Products
(quar.)
Jamaica Public Service, Ltd., com.
3
12-
12-31*
12-10
$4 3 c
.
tquar.)...
.common
56 V4C
preference (quar.)
preference "A" (quar.)__
International Salt- Co. (year-end
,)
•
4
12-23
12-10
25c
:125c
____
(quar.)
Inc.
12-11
75c
25c
25c
—
1-15
;
12-
S50c
iquar.)__
(quar.)____
Discount,
11-29
12-11
12-15
70c
6'"«
4
1.1-19
11-30
4c
•
12-31*
preferred
12-10
____
Interstate
Corp., class A tquar.)
1-15
77o
1
12-22
30c
10c
International' Silver," 7 (0 • preferred (quar.)
^
Interstate Aircraft & Engineering
(initial)_i;
David & Frere, Ltd., class A
4'4
gtd.
(year-end)___.
11-27
3
1
National
12-13
1-
3
12-
(.special)_____
Breweries, Ltd., common.
National
—
12-14
________
Delaware
(s-a)
12-10
,
,
gtd.
12-24
25c
12-
.
50c
:
Curtiss-Wright Corp. (year-^nd)___________
Darby Petroleum (quar.)
1
Extra
*
(quar.50c
(year-endi
Cuban-American
Class
4
.Crown-Zellerbach Corp.
12-15
12-10
75c
4
preferred
National
3 7 Vic
.
g
$1
3
12-10
______
12-28
15c
;
CroweH-Collier
A'k
12-28
(year-end)
12-
25c
Properties
$1
(accum.6214c
preferred
common
National Automotive Fibre
Nutiona) Biscuit Co,
12-15
National
11-29
12-
50c
(irreg.)_..*_„
known as Nachman-Springfilled
6
12-10
Ingersoll-Rand, 6'« preferred (s-a).—_____
Inspiration Consolidated Copper
/
International
((year-end)
Co.,
i'/o
Industrial
3
Cosden Petroleum Corp.—
-
Lines,
Leased
75c
25c
i
(year-nd)
Co.
12-
6
of Rec>
50c
Corp.
Formerly
Corp.
1
50c
(.year-end
6
12-22
& Door—
'
11-30
12-
Nachnian
12-
25c
12-
12-22
__
.
12-10
7
$134
___——_
Copper Range
1-
Muskogee Co.
1
Holder,1
30c
12-
75c
(initial) _
(quar.);______
:
sir
'
Mfg.__J
4
I-
$1V4
stock
new
12-10
12-
Ohio
$2
Refining,
Mortgage Corp.
Payable
Preferred C (accum.)_
Murray
1
62V2C
_—
Erie
&
Illinois Central RR. Co.— ,'/
12-14
12-
(payment clears all arrears)-
$1
a';;:
12-15
25c
12-15
B
25c
(quar.)___l__4-
12-16
•
12-15
20c
Rolling & Steel Fdy., common—
7(4 prior preferred (quar.)
Cooper-Bessemer Corp., common (year-end)
$3 prior preference (quar.)____;_________^
12-15
25c
1-
_
Continental
12-
_—
(resumed)
Huttig Sash
6
11-20
1
1-
Coal,
common
-.-L-l
(quar.)
12-1
25c r
1-
' :1:25c
1433/4C
preferred (quar.)
62.1,fec;
Consumers Power, $4Vz preferred (quar.)
si'/b
$5 preferred
(quar.$114
Ltd.,
Steel,
Preferred
12-28
12-28
(quar,)__.
1-
12-
Consolidation
50c
S1V4
Hydraulic Press Mfg.;' common (year-end)
6 Vo conv. > preferred (tjuar.)
_______
Illinois Bell Telephone Co.
25c
Consolidated
Corp.
Oil. &
Humble
6
Huron
._
12-
common_/_________.
Paper,
convertible preferred
/. Howe'- Scale/
11-29
•
t-i/,-;.""
preferred (accum.).
12-15
Corp
When
share
Name of Company
Line-
Preferred
12-10
Inc.
12-15
15c
$1.75
_____
11-
12-21
—T—
(year-end)..'a-__
Household Finance Corp-/' Common (quar.)__
5':<i preferred fquar..)__;.
Houston Natural Gas, common (year-end.
:»
o'b
preferred (quar.)
Houston Oil Field Material Co., Inc.—
12-11
3
$7 preferred (quar.) ___'4
!
Compo Shoe Machinery Corp., common vtc._
$2.50 convertible preferred (quar.
Industries—
11-15
$1
Alunson
25c
Oil
Horder's,
12-10c
1
12-20
$1.50
,
5
5c
(year-end)
preferred (quar.
Honolulu
•
_
4
25c
7
1-
$l,37'/a |
(quar.)
12-
25c
Commonwealth Water & Light Co.—
•
3
7
12-28
Corp.30c
Water Co., 51/4>4 pfd. (quar.);
1-
;
4
.
11-30
12-28
.
75c
:
(quar.)
12-
3
8
12-10
.'4 V-tconv. preferred; iquar.I$1.0614
-
Per
of Reo.
3
25c
Co.
2155
Holders
1-
$194
Hollander (A.) & Sons, Inc.
1
12-
75c
(quar.)—•
common
12-
12-
Bottling (N. Y.) (year-end$1
Lamp & Stove (year-end)—t
$lVi
Commercial Bookbinding (year-end)50c
Coleman
Payable
SIV'4
Royalties--—!
Dauch
&
5/o
.
12-10
12-20
75c
______
/Coca-Cola
Rubber
When
share
(irreg.)
common
((quar. 1—
-
Powder
Hercules
3
12-14
Co.,
Ranch.
Hendrick
'
3
W.)
preferred
Hewitt
'20c
Commercial
(G.
Helme
12-15
"
Year-end
Clorox
12-29
50c
$1V4
(interim).
Extra
Clinton
Name of Company
of Reo.
25c
_
Per
Holden
When
share
,
Company
Clearing Machine Corp. (quar.)
Clevelund Graphite Bronze, com.
5'>
preferred (quar.)___
Climax
THE COMMERCIAL & FINANCIAL CHRONICLE
4233
1
158
—
,
Avenue
(A.
O.)
A
55th
Corp
Street
(resumed)—
1
11-24
$1*2
12-15
11-24
SI *2
,
12-15
11-24
11-
10-20
75c
$1
50c
1
12-10
12-
6
.
THE COMMERCIAL & FINANCIAL CHRONICLE
2156
•
Holder»
When
Name of
Company
4-6%
Paper,
Southern
California
Edison
Lines™™—
Spicer Mfg.
(quar.)-™-
(year-end).,—,
Oil
Standard
•
.
12-20
Marine
12-20
Stix
(initial)——
3
12-17
12-
3
1-
5
1-
5
1-15
1-15
SLeel
3
12-15*
1-
3
12-15*
12-15
(s-a).
Taggart Corp, $2% preferred (quar.)—,
Taion, Inc. (stock dividend), one share $10
par pid* for each 100 shares held,,--—.—
,
5%
preferred
Tech-Hughes
Co.
Texas
(quar.)—-.—
8
11-27
1-
Carbon
(quar.),:—™™———,
—
Associated
Water
preferred
$4.50
Oil,
(quar.)—-,—
Realization
Lien
,
Investment
7.6%
preferred
,
Union
Pacific
Union
Co.,
(quar.)
RR.
(quar.).,
;
—
,
Steamship Co. of British Columbia—
Irregular
Union
—:
(quar.)
Terminal
T,6%
preferred
Cold
preferred
Universal Cooler.
Upson-Walton
Utah
Oil
*;./
(year-end)—
$6.50 preferred (quar.),,:
Vapor Car Heating—
■-'Extra
Veeder-Root, Inc.
Ventures, Ltd., common
=—™_;
pfd.
conv.
(quar.)'
(quar.),———
Victoria Bondholders Corp.—
Common v.t.c.
(year-end),
Electric
&
Power,
Waiiuku
System
$6
Warren
B
Warwick
We t
Co.
Mills
(year-end):
12-
(irregular) —
——
Hydro Electric class B
(quar.)
—
.White Motors Co, (year-end)
Wheeling Steel Corp., common
Wichita
prior
Water
preferred
™™_;
Wood
(Alani
Co.,
7%
Yale
Steel,
Investment
Wright
preferred
12-15
1
12-15
12-
1
12-10
12-
1
11-30
412-20
(quar.)—
12-20
12-10
12-
*
12-10
12-
12-15
12-
7%
preferred
Towne
Co
Mfg.
12-30
dends
*'12-
12-
1
Extra
50%
12-
11-21
12-20
12-
1
$1
12-
1212-
12-
1
5
11-18,
1
1
11-20
12-
3
6
12-11
1-3
12-
12-23
1212-
12-10
1-15
1-
3
12- 1
11-20
12-15
11-30
,
12-11
11-22
12-22
1-
12-
3
12-20
12-
Bank
BanK
of
Toronto
Share
40c
^
shares, held
Banque Cahadienne
County Trust Co. of Maryland
(Montreal)
10-30
12-16
12-
30c
Fifth Third Union Trust
First
First
Nat'l
Barik
National Bank
First Nat'l Bahk
First
A
National
Bank
First National
Bank
(Portland, Ore.) (quar.)
(San Jose) (quar.),,
(Tamaqua, Pa.)
1-3-44
12-31
1-1-44
12-44
12-30
12-20
12-31
12-23
$3
1-1-44
12-26
12-
1
11-24
12-
1
11-24
1-2-44
$2J/2
1-
1
12-22
12-24
12-24
,
&
(quarterly)
Trust
Co.
Bk. & Trust Co. (Oklahoma
National
12-10
12-10
(Tulsa, Okla.),,.
12-11
preferred (quar.)/::
Amalgamated Electric Corp.
6%
convertible
conv.
1
(accum.).,
50c
American
American
Bemberg Corp., 7% pfd. (s-a)—
Business Shares, (irregulafr)
Cha
12-15
12-15
$3%
1
12-
1
12-
1
11-16
.20c
,w~\
12-15
12-' 1
preferred (quar.),—.
Chicle
American
$iy4
"CigareWe & .Cigar,,
(quar.)
,
common......
12-15
12-
12-15
12- T
12-15
12-
12-15
12-
1
1
1
$1
Class
B
(quar.)..
—
Stock dividend on class A & B
of
5%
the
; $5
B
.
have
the
of
barrel
one
right
whiskey
to
for
preferred
Extra
(accum.)..
&
Electric,
'
12-1
Tel.
preferred
$1%
$2 pfd.
$1.50
12-15
l-'3
50c
12-
-
Co.', Ltd., common...
11-15
1
11-15
12-14
12-
12-20
12-
1
12-
12-30
11-13*
75c'
12-15
12-
15c
12-
1
11-15
1-
1
12-15
1-
50c
1
1
12-15
20c
12-10
11-24
$1%
12-31
12-15*
$iy4
12-31
11-26
Public
25c
preferred (quar.)
pfd.
(quar.)
preferred
12-
Sanitary,
——
(quar.)
11-15
12-
12-31
1
I
11-15
12-
1
6
11-29
12-15
12-13
12-
25c
1
12-31
$iy4
12-
12-
10c
11-12
1
(quar.)
12-1
$1.75
12-
1
11-12
$1.54
(accum.)
12-21
11-26
12-21
11-26
37>/2c
11-12
12-4
12-31
12-
4
37 v2c
12-21
12-
4
$1.50
...™
12-31
$1%
75c
pfd.
Fe
(s-a)
...
Ry. Co....
12-
10-29
-
(Conn.)
*
1
_____
_/__
2-
62»/2c
Refining Co._.___^
Atlas Powder
Atlas
11-22
Co.
Aviation
Mines
Corp.
40C'
11-15
11-
12-
1
1H20
12-
1!
11-20
10c
12-20
11-30
7c
12-1
11-15
12-23
5c
12-
-
(year end).—
common..
;':,v
Radio
Show
Inc.,
(quar.)
H.)
Barber-Ellis
Barnsdall
•12-1
12-24
of
11-23
1-
1
1-
3
12-10
$iy2
1-
3
12-10
50c
12-10
11-29
Ltd.
U2y2c
12-15
11-30
30c
12-1
11-12
15c
12-
8
11-15
12-
8
11*15
40c
(quar.)
1H30
$1.20 class A (quar.)
Co.
(quar.)..____..__:.
Extra
Iron
Beatty
Works
B
Belmont
Ties
Mills,
$iy2
A
10-29
-
J37yac
1-3
12-15
1-
3
12-15
+$3 y2
(increased);
1-
3
3
11-18
12-
1
11-15
37l/2C
...
12-1
(quar.)
Co.
11-15-
2 v
12-
share
(one
6
12-15
11-20
37y2c
11-30
11-17
m
l-'3
11-30
1-
3
llj-30"
12-
(quar.)//..
i$1.75
for
each
10
outstanding)—
now
1
$1
Corp.—
dividend
shares
1-
$1
™__
Aircraft
10%
11-30
12-
6
11-26
$1%;
12-
1
11-20
siy4
-
11-17
25c
12"!
1
11-20
$iya
...
Industries—
2
15c ■i: 12-15
Harbor Malleable
(Year
12-
37 y2 C
-
end)__..v..
(year
Manufacturing Co.Belding-Corticelli Ltd., common
7%
preferred (quar.)..
Benton
12-
15c
Belden
Stock
12-15
(quar.)
(quar.).
Packing
12-15
15c
(year end)_«.
common
preferred
Beech-Nut
12-15
1
(s-a)-
Corp.
Brummel
3
12-
X12V2C
class
preferred
Radio
11-15
1-
t25c
Paper, class A (quar.)
(initial)_•_
2nd
11-23
$1
&
Brothers,
Class
(year-end)
Co.
Bathurst Power
Bell
*
$iy4
$1%
■
Canada,
O.l
:
end)
Berghoff Brewing
Corp.___™_™-___:—
Berkshire Pine Spinning Association—-
$7
;
$5
preferred ,(quar.)___-______™__—
preferred
conv.
-
Bessemer
Limestone
Bethlehem Steel
7%
(quar. t^......
& Cement—
Corp., common.....—...—,
preferred
Bird
&
5%
Son,
preferred
33
share of
common
stock
6%.
-
preferred
Black
Hills
Chica
Bond
1
11-20
$iy2
12-
8
11-20
1
11-20.
12-15
12-
12-
11-13
r
1
t
1
~40c
(quar.)
1212-
1
11-24
$iy4
:—
12-
1
11-20
12-
1
11-24
1
11-24
20c
12-23
11-29
$ty2
12-27
12-21
5c
12-15
11-30
$2
12-1
11-13
.
6%
pfd. (quar.)..
(initial)..—______-
Corp.
12-
11-
13- 1
*
87yac
(s-a)
Tobacco,
•
$iy2
(year-end)•._™_™._—
Oil
.11-20
$iy2
pfd.
Blackstone Valley Gas & Electric—
Co.
'12- 3
1
75c in cash
or
(quar.)..-& Light, 5%
preferred
3
12-
$iy4
iquar.)..^.-
Power
Brothers
1
1-
50C
1
:
(quar.)—
Birmingham Gas, $3V2 prior pfd.
12-
$1%
(quar.)..:
Bigelow-Sanford Carpet,, common.™™.™...
.'-6%* preferred (quar.)—-™™--™
—™
$3
Investment Trust of America-
Units of
beneficial
interest
(s-a)__
40c
Borg-Warner Corp.
Borne-Scrymser
Boston
&
Boston
Elevated
Boston
Herald
Albany
Brandon
Corp.
Casket Co.
(special)
A
(accum.)..,
(accum.)
11-30
12-10
25c
12-
1
(s-a).—_—
1-
1
12-24
$2%
12-31
12-24
3-31
Corps.; (year-end) _•_—
&, Stratton Corp....i.
(E.
G.)
t$l
...—
Briggs
Co.
Iron
ai-26
•
ril-20
12-
1
3-24
10-14
40c
12-10
12-
1,
.*—
75c
12-15
12-
2
(irreg.)./™..—
20c
12-
nm
a—_—
•
Mfg. (quar.)
(quar.)
(interim)
5c
Brewing Corp. of Amer
Bristol-Myers
11-29
1
iJ12-10
$1%
Brooke
Brown-McLaren
3
Light &.Power-
(interim)
&
1-
10c
^
Breeze
12-31
$3 y2
(quar.).—
:
A
J.*.
11-13
:• 12-14
-.1
:
Class
Class
Ordinary
1
12-15
$iy4.
7% ..preferred
Brazilian Traction
1
1*
$iy2
$2.25
(quar.)
Traveler
Corp.,
12-
40c
i*
RR..
Ry.
Burial
Boyertown
™_™Z™
...
Co.. (year-end)__j.
12-
7
1
50c
12-10
...
50C
12-
—
37%c
...
Co.
Brockway
Motor
Co.—™
—
Extra
1
11-19
1
11-19
1
12-13
Brooklyn Edison Co., Inc. (quar.)
Brooklyn Telegraph & Messenger
12-
1
11-10
Brown
11-24
1
11-15
11-29
$1.75
12 -15
12-
3
12-10
,12-10
11-2Q
10c
12-28
12-3
$1%
12-
1
Bruce
7%
11-20
11-19
20c
12-15
11-15
20c
12-15
11-15
Shoe
;
(E.
11-19
L.)
Inc.
Co.,
preferred
(quar.)—
common
Silk
Mills
preferred
(quar.)
11-19
11-
12-
1
11-20
12-
1
11-20
25c
12-10
5
11-26
$1%
Co.,
12-30
11-26
87 V2C
12-10
11-26
10c
—
(interim)
Brunswick-Balke-Collender
$5
(quar.)„______
(quar.)..
Buckeye Pipe Line Co.
11-29
11-30
$1V4
$1.75
(quar.)...
preferred (quar.)
3Va%
Bruck
Co.
25c
50c
—-——.
-
11-15
$1%
.
Co.,
Bastian-Blessing
7%
12-10
11-15
15c
-
..^.™
20c
(W,
Barlow & Seehg,
Bath
8
1
common......
preferred (quar.)...
Barber
/
11-30
12-1
'
?5c
Bangor & Aroostook RR., 5% pfd. (accum.)
5% preferred (accum.)_*._.
Bangor Hydro-Electric, 7% pfd. (quar.)__._
■
11-30
4iy»c
•
$1.65<6pfd, (quar.)..-
_
preferred
6%
11-22
11-15
12-10
$1
•
Baltimore
6%
'
-
1
50c
Ltd., <quar.)_™;__™_____
(Del.)
Mills,
Common
12-
7c
Gold
Automotive Gear Works,
Common
!2±
Avondale
12-15
75c
;
1
1-15
12-15
25c
(quar.)^_/__
(year-end)
Corp. rirregular)__^..___._____
Tack
Aunor
preferred
11-29
1
20c
6%
11-29
'
preferred--™..
1-
$1%
com.
1
12-
$1.32
pfd.
12-
$1%
...
12-10
$1.50
common
Corp.,
12-
120c
*•
25c
7^
7%
(accum.)
11-15
12-15*
12-15
1
(quar.
com.
50c
Paper Goods Co..
Service,
Atlantic
12-17
62»/2c
12-
11-26
1
10c
11-15
12-1
1
$iy2-'
1
.....
(quar.)
American
Mill
1
I2r
25c
.
.
Co.
Rolling
11-15
12-
20c
,
-
Year-end
9
75c
.
preferred (quar,)
preferred
12-
75c
—
common
(quar.)
1
11-17
75c'
(quar.
Optical' Co.
11-17
62V2C
(monthly) _./
Manufacturing Co.,
Metal
11-20
.1—
American1 Machine & Foundry Co.———
Meter
1
12-15
1
1
t20c
...
11-19
12-
20C
■
Conv. prior preferred (S-a)
^
American Investment Co. of Illinois, common
5%- conv. preferred (quar.)—.—.
preferred
12-10
40C
8
12-
12-
12-
11-19
$1.75
Leather, 6'/2% pfd, (quar.)'
Products
preference
12-10
(quar.)—.,
—Z
American-Hawaiian. Steamship
Home
11-25
$1.18%
—
(quar.)..—
Hide &
1
12 y2c
-L-
12-
11-
12-15
10c
Topeka & Sante
Bolsa
2
12-1
$1%
;
Tel., 7%
non-cum.
6%.
(quar.)..
(quar.)
Corp.,
&
Investment,
Blaw-Knox
12-
12-10
.
25C
(accum.)....
Bloch
7c
12-15
_*
12-15
pur¬
...—
common
—,
preferred
American General
7%
11-12
3
each
Forging & Socket Co.—
American Gas
6%
2
1-
——....
preferred (final)———.
American Envelope Co., 7%
pfd. A (quar.)
American & Foreign Pwr. Co., $6 pfd. (accum.)
American
12-
1-3
.1-3
1
$1%
$1
Black-Clawson, common (quar.)—
75c
12 >/2c
5%
5%
12-11
'
.
llr20
12-10
*■
1. '
held.
American
12-11
1
Birmlngham Water Works,- 6% pfd. (quar.)
Blue Ridge Corp., $3 conv.-pfd. (quar.)-—■
—--——
(quar.)..
will
chase
$2
11-29
3
1-3
Distilling Co.-—,
share
American
-
1-
15c
preference
stock—
common
; Stockholders
4%%
12-13
15C
;
in the ratio of one share of pref¬
to each 13 Va shares of class A or
preference
American
11-29
12-15
15c
12-15
12-13
(payable in
5%
company's
12-
12-31
30c
J.), com. (year-end)
5% preferred (annual)—:
—.——
American Cyanamid Co., class A (quar.)—■.
12-15
$iy2
(quar.)/.—
preferred
American Colortype/(N.
3
;
$2y2 ■
5%
1
$iy4'
.........
$1
50C
5%
American
11-20
1-
$iy2
■
Atlantic Rayon Corp., common.....
$2.50 prior preference (quar.)_____
11-30
12-15
1
12-15
tl-16
50c
(year-end)—-;
(quar.)..
12-
12-24
12-22
6c
,,
Cable,. common
&
n
12-15
12-30
1-
4C
American Central Mfg.
12-30
75c
12-24
11-18
12-30
12-15
1
$3
Beaunit
$2 y2
—
12-15
12-
$2
12-20
25c
(year end)
11-17
$iy2
1-
1
6
12-21
12-21
(year end)
(year end
»
Beau
12-
pfd.
:
Year-end
(quar.)..—;,
Bakeries, class A
Refining,
Co.
11-29
12-15
*
'
-"•$1
RR.
12-7
25c
Class B
&
Line
$2
11-19
$6
(quar.)..
Line
11-30
1
12-
-
$1
$3
/
(quar.).
Coast
1-2
12-
11-22
$1%
Coast
12-15
.12-10
1
Atlantic Gulf & West Indies, com, (year-end)
12-15
V;«$1
12-
(quar.)....;.
•
Atlantic
12-31
37%C
(irregular)—^-—..—-:,
11-10
,.11-10
50C
Light,
Atlantic
12-31
1
1
1
$1
(quar.l)..
Financial
$1
'
pfd. (accum.)
Amerex Holding Corp. (s-a),—.....———
American
5
12-
12-
15c
preferred .(quar.)'/.
$30c
(interim).
preferred
American.Arch Co.
11-10
11-
11-30
11-30*
12-10
J15c
/
Ltd.
preferred
Atchison
1
12-15
$2
11-30
30c
preferred (quar.)
preferred (quar.)
2nd
50c
American Automobile Insurance (St. Louis)—
7%
12-21
12-10
1st
.
$1%
(quar.)L.
7%
Amalgamated Leather, 6%
/I1-29*
15c
Aluminum Iilanufactufers, common
American
12-31
12-15
12-11
1
American Radiator & Standard
37%c
2
12-
in U. S. funds).
Inc.. (quar.)
12-21
25c
Trust
1-
|$2
Industries
American
12-17
City) —
Quarterly
12-11
$1%
(payable
pfd. (quar.)
Special
12-17
12-31
12r27
43 %C
.
6%
Aluminum
12-22
70c
$2
11-10
12-
American
(Montclalr,
...
1
11-10
12-29
5c
;
Nat'l. Bank
12-
6
American
50c
11-15
50c
American Insulator Corp. of Del., com. (quar.)
40c
11-22
1
6
11-19
$1
'
11-15
6
12-
12-21
11-19
$1
.
1
12-
12-
1
1-2-44
12-
15c
12-27,
1
$1
Extra
First
12-24
$6
1
75c
-n.-
12-
.*
12-18
12-
12-
American
Quarterly
First Natl.
8
—
;
National Bank
J.)
12-30
12-29
12-22
$1%.
Mlg, (year-ena)j,._—
11-10
,
Associated
11-20
(quar.).—-
common
12-
(quar.O
Extra
First
N.
12-
50c
First
11-20
1
(year end)
(quar.)—-----,'—.—...
$2'/2
$1%
'
1
12-
95c
$3 preferred (quar.)
$1
Monthly
12-
$5
——...
Products Corp.,
11-15
$l'/2
Extra
First
12-10
12-15
1
50c
12-24
!
3
11-26
11-
X
$iy2
-$1
(Memphis, Tenn.) (quar.)_.
Nat'l Bank (Palm Beach)
20c
5
$1.50
;
$1%
Monthly
'
1-
40c
(quar.)
(Cinn.) (quar.)
O.) (quar.)
(Jersey City)
12-21
11-10
1-3-44
i$i
(Chicago)
Co;
2
50c
12f
25c
11-15
1-
30c
(quar.)..
(Cincinnati,
1
12-15
12-15
11-25
12-10
12-
12-15
}$2
$7
1
12-
$2V2
3
12-10
1
common..-
-
Mills
American
12-
$$1.50
•
Bank
11-15
^
(annual).
Extra
1
1-
;
.12-1
10c
(quar.)
common
3
11-10
12-
•
Oil
Atlas Corp.,
Alpha Portland Cement
11-30
1
Dallas National Bank
(Dallas, Tex,) (quar.)
National Bank (quar.)
National
of Reo.
12-15
3
Denver
Drovers
Payable
1-
.
Bbatmen's Nat'l Bank of St. Louis
(quar.)_,.
Trust (St. Louis)
(irreg.)
Central Nat'l: Bank
(Richmond, Va.) (quar.).
Crown Trust
Holdert
12-
Cass. Bank, Si
pfd.
1-
1
*
(quar.).__^._
•'
11-30
Aluminium, Ltd.,,common (quar.)—
•
When
20c
"
(quar.).;
$6 pfd.
6%
preferred (quar.)
stock,
%2V%
Nationale. (quar.)
25c;
r;
Industries, Inc.. 1;.,^-i. !
Laboratories Inc.;
shares
j$2V2
Bankers Trust (Des Moines) (stock
dividend)
One share of new common for
each nine
75C,
12-10
3.',
12-22
w
+$n/2
(quar.)
I"
(year end)...—..—
Super Markets,
8
Companies
(quar.).
12-20
.
3
12-10
;;
,
Company
12-31
1-
50c
11-30
12-1
The list does not include divi¬
(San Fran.)
11-15
1-15
11-30
12-15
Per
Name ol
11-30
—--
,
Packers Assn.
Allis-Chalmers
1
15c
Montreal (quar.
of Nova Scotia
(quar.)
15c
,
1
12-23
8c
01
12-17
.,
dividend
Alabama Water Service Co.,
class
Bank
3
37 y2c
,—
erence
American Trust Co.
;•■ 12-10
4
12-17
$7
Bank and Trust
——
Mills
Alabama
11-20
12-16
1-
7
$1%
„
11-20
12-23
—-—'
stock
Alaska
3
1-15
12-22
11-16
12-11
12-10
2UC
11-30
2-
11-16
12-11
50c
Special
2
7%
..-*
5%
,12y2c
Air-Way Electric Appliance (year-end)
week, these being given in the
preceding table.
,
Airplane &- Marine Instrument..*,,-.-.,,,,,.
Class
12-20
20c
this
75c
1
12-
preferred
6%-
12-20
"
11-18
give the dividends announced in previoui
announced
1- 3
3c
Products
Quarterly
12-
12-15
12-
(year-end)
weeks and not yet paid.
75c
(quar.)
5C
6%
Below we
12-22
Agnew-Surpass Shoe Stores, 7% pfd, (quar.)
Agricultural Insurance, (Water town, N. Y.)—*
Allied
12-10
,
.
Orleans)
Co..(quar.).,',™..,-^^.^-...----.^
Aeronautical
American
Corp
1^3-44
Aluminum Castings..,,
Supply, Mfg.,. class B;(year-end)
$J.y2 class A (quar.),,..
Allied
$1%
^
V3,', 35c
Ore.).(quar.).__
1-
75c
(quar.)._._„_..___.i
Associated Dry Goods* Corp., com. ,(irreg.)■__
:
•
12-15
Aero
Allen
$1%
(accum.),
(Portland,
Extra'
5%
12-10
.12-22
12-20
3
i2yac
'
Corp.,
Ashland
6
1-3-44
Advance
Allied
12-10
35c
v
12-
$2
,
V
7%
12-
;
$1.75
12- 6
.
1-
87y2c
.
$1
Asbestos Corp.,
12-15
iy2%;
'
.•
—
Allegheny Ludlum Steel,
12-,
$1%
Trust
Corp.
Products
32-
75c
—
„___/;
Aeronautical
&
Zonite
1
50c
(year-end)
Bank
Steel
Acme
1
$20c
(s-a)
(quar.)—,
preferred (quar.)
World
12-
12-20
>
W-
3*
12-15
15c
j
held_-_____.^
6
12-
(year-end)...
common
preferred
preferred
Astor
11-30
12-
$5c
;
Winter & Hirsch, Inc., 7% preferred
(quar.)
Wisconsin Power & Light, 7% pfd.
(quar.)—
6%
1
12-15
$1
...
share
12-
3
1-15
Class B
,
Associates
11-22
3
12-15
,
conv.
12-
50c
/
each
(Youngstown, Q.)—
_______
,
3
1-
$2% '
(quar.)....
common
(quar.
(111.)—
Co.
conv.
12-15
(stock dividend)
11-24
1
12-15
West'Indies Sugar (extra). //-J/™-__™_/-'" / '
50c
Westmoreland Water Co., 6% pfd. (quar.)—,
$1.50
Weston (George) Ltd. (quar.),,——' $20c
$5
4
40c
t,_—'
Canadian
Preferred
12-
25c
(initial)————,
C
Bank
12-31
1-
$1%
;
Armstrong Rubber, class
Industrial and Miscellaneous Companies
12-20
3
12-15
———i—$1%
D.)
3
12-
$l>/2
/
(N. Y.)
4%
50c
Affiliated Fund
25c
,
——,,
class
1s-a 1
(S.
1
1-
$1.50
(quar.)_______
Brothers,
Class
3
12-
&
5
11-30
12-11
$1%
.,
(quar.)___
conv,
,50c
;
6
12-
k
1-
$6
(quar.)/
pfd.
Plantation
Waldorf
Warren
12-
1
1-
12-15
™
—
Virginia
:
.
1
——
;(Chicago).__™
Whitney Nat'l Bank,(New
12-10
12-15
(interim)—$10c
Equipment Co., $1
Victor-Moneghan Co.
Bank
.
3
12-22
50c
—,■
Nat'l
:
Nat'l
s.
20C
3
50c
—:
^
(s-a)-
pfd. (quar.)
(s-a)_•___.:—...—
prior preferred (accum,)./'___i/J
Armstrong Cork Co., common (interim).--.
6-30
11-15
50c
.
,
l/15th share for
U.
-
——.
Extra
12-10
12-20
$6
7%
3
1
.$7' preferred
Armour
12* 28
Bank
------
•
$3 preferred
&
11-
3
75c
Co.,
Coi,
Power
Artloom
12-
1-
35c
$l5/a
<
12-31
12-21
12-22
•
———
30
.1- 3
9-30
12-20
Alberts
Dutch Bakers, Inc.—
10-
12-30
12» 1
"
$2.50
Quarterly
10c
A
(quar.).———
12-
r
40c
/
...
Union Natl.
12-
Arkansas
24
$2.50 10-2-44
$2.50 12-21-44
40c
12-31
(quar.)
Trade Bank & Trust
1
12-
11- •15
3-31
3
1
1
Farms
4-1-44
7-1-44
12-
1
Arden
$2.50
12-
1-
12- 14
12-15
1-
Archer-Daniels-Midland
12-31
12-17
12-
1--.3
12-
Y.)
& Telegraph
Cotton Mills,
preferred
1-3-44
12-10
3
'..12-31
11-30
50c
Anheuser-Bush, Inc.;
Arcade
25c
t$l!/2
>
12- 15
1
50c
Angostura-Wuppermann Corp.
!. 6%
(quar,)..—,J$l,/4
11-13
•
Woolen, 7% preferred (accum.
Ampco Metak 6% preferred (s-a)___
u__™
Anglo-Canadian Telephone, class A (quar.)/.
$2.50
Terminal
3
1-
-----
Extra
3
20c
class
$1
Van de Kamp's Holland
Victor
12-
12-
(Montreal)
Quarterly.——
(Lewes, Del.)
3
12-
(Hartford}—.----
...
12-15
43%c
25c
(quar.)——
Trust
Bank
12-27
/
-
Co.
Refining
Common
11-24
12-15
—,
non-cum.
1
Storage,—
(accum.),———
Street
12-
American
12- ■24
12- 15
$2
$1
,
6
$1
Class B (quar.)..
12- 28
12- ■31
3:
1-
1-1-44
12-
...
12- •11
1-3
50c
$l,/2
.
6
12-23
....
12- 31
.
12-21
$8
/
12- 24
1-3-44
(N.
American Tobacco
12-
$3
—
American Thermos Bottle, pfd. (quar.).____.
American Thread, 5% preferred (s-a)
1
12- ■24
,1-3-44
12-31
25cf,
50c
Sussex Trust
3
12-15
$30c
30c
——
$1
25c
,
26
12- 25
12-31
Surety
of Re0
12-23
25c
American Telephone
Quarterly
12-31
12-
12-
$1.13
f
V.
American
Holder 1
Payable
$1 v2
__.J_.__,.
Foundries- (quar.)
American Sugar Refining, 7%
■■■•"
12-
share
Building..
American Smelting & Refining Co.—
Common
(irregular)
1- 3-44 12* •18
12-31
f 12-21
When
ret
Name of Company
Quarterly
Quarterly,
12-10
1
3
1.
1
50c..;12-16
Puget Sound NaUl Bank (Tacoma) (quar.)..
Bank of Canada (quar.):
12-10
3
v
Sl'/a
40c
..
Bank
Seattle-First-National Bank. (quar.
South
Texas
Commercial
National.
11-24
3
12'!•••'
.
40c
Royal
'
12-10.
12-15
$4
Union Wire Rope Corp.
(quar.25c
United States Graphite Co
20c
U. S. Tobacco Co., common (year-end)_—
40c
7%
12-17
;
—
—
Sugar
Union
Stores Co.
Extra i,
12-15
3
12-
20c
95c
$lVa
(year-end),
common
3
1-
75c
Carbon-—,————
&
Steel
American
(Milw,)r-~
Provincial
1-
10c
15c
-
Bank
11-30
2-
75c
$3
75c
(liquidating)—
Corp.
Carbide
Union
American
12-
.,40 c
Exchange
12-15
1-
15c
.
(resumed)————
Union
12-10
11-15
11-15
12-14
...
(Houston)
Tip Top Ta.lors, Ltd.. common
—
7%
preferred (quar.)—:_™—f$l%
Shares, series A reg.„—$25 9/10c
Corp.
Ship
40c
Park
12-31
Trans-Canada
Trans-i,ux
American
Louis),.
12-15
1-
;/—7 ' t: $ll/4
(year-end),
25c
—$lVe
(quar.)—
HV2C
com.
11-30
12- 1
Holdera
—
(St.
12-17
1-
10c
Co., common (quar.)——
7
Extra,——
—
$3 preferred
(quar.)——
Third Investment Counsel 1 year-end!—*—
Thompson Products, Inc., com. (year-end),
Tide
(Chicago)
Trust
12-14
?20c
i-62/2C
JlOc
50c
$4
*
,———
preferred (quar.)
12-15
12-15
40c
&
3
12-15
Thermoid
$5 conv.
Bank
National Security Bank (Chicago) (quar.),.
Pacific Nat'l Bank (Seattle, Wash.) (quar.)
----
(quar.),.
Tnermatomic
American Service, class A__._^..__.
$3 preferred (annual),.
$2.25
75c
12-20
JjOq
:
(interim)~j,
Ltd.
Mines,
Gold
12-15
12-15
(s-a)_„
12-27
J$zya
62»/2c
.
(quar.)———
Ltd.,, common
J.)
(Chambersburg, Pa.) S quar.)
Nat'l Metropolitan Bk. (Wash.,.D. C.) (extra)
National Safety, Bank ,& Trust,-
11-30
12-
25c
r
Corp.,,_J—... '
(G.)
(N.
Bank
National
National
12-16
12-20
3>J/*
25c
Supersilk Hosiery Mills, 5% preferred
Tamblyn
12-15
12-20
Extra.
;
1-
common
Co,.—-
Fuller
&
Baer
$l'/2
$1%
(quar.).
Mercantile Nat'l Bank (Chicago)
(quar.).^...
Mercantiie Nat'l Bank (Dallas) (quarterly)™
Mid-City Bank & Trust (Pa.)_
Miners Nat'l Bank of Pottsville, Pa..(quar.)
Munsey Trust Co. (Wash, D. C.) (quar,)
1
12-
.
Superior
of Reo.
Quarterly
Quarterly
2
12-
12-
12-15
(year-end,
vuc
6% preferred A (s-a; **3;Steel Products Engineering—
20c
Sterchi Bros. Stores, 1st preferred (quar.)—,
Joe
Co.,
Manufacturers
12-15
2,/C
,
(quar.)—-—
(Ky.)
Co.
Screw
Standard
National
7*
12-
11-30
12-13
75c
75c
$1.12
_
iquar.)
/.
preferred
prior
Stahi-Meyer,
Bank
1-15
£?c
.
—
Payable
(Pittsburgh, Pa.) (irreg.),.
& Trust
(St. Louis)
Industrial
3
1-
share
'
,
(Wichita, Kan.)
Bank
Homewood-Bank
1-15
j
•
Corp., common—,
_™™—
12-15
3
When
Extra,—
Ltd;'—
Co.,
$3 preferred (quar.).
Springfield Fire & Marine Insurance
Extra
Harrison Nat'l
12-20
Fund----—12/2C
Corp.
Nat'l Bank
12-10
original preferred (quar.)J™/—?l/?c
preferred C (quar.).
;
—r
34/ac
Southern Phosprates Corp.
(year-end)——
Sovereign Life Assurance 25% paid (annual)
*i*f,,
Sperry
11-30
1-15
$1.12/2
50c
\ 25c
™™_™
5 V2 %
Trask
6
1-
5%,
Spencer
Fourth
.
Paper
&
11-30
Industrial
Pittsburgh Water Co.—
4J/2% preferred (quar.)
South West Pennsylvania Pipe
Advance Bag
6
.
South
Southern
Name of Company
•»
v
12-
preferred B (accum)—™_:™™
Sorg
of Reo.
12-
S1'//
6% pfd. A "(accum).™-™
preferred B (accum.)™——
4-6%
Payable
share
:
\
Monday, November 29, 1943
Per
,.
12-15
11-15
common...
25c
.•*.—
$1.25
20c
12-15
1-
12-
1
3
12-2Q
12-15
11-19
Volume 158
-
,7
Budd
.-
■
,7.
■
;
•
,
.'
Fund, Ltd.__
(Los Ang.)
Bullock's Inc.
Hill
Bunker
&
Sullivan
12- X '
11-29
12-28
(quar.)_
12-28
'
12- 1
12- 1
11-15
11-12
.
■
.
25c
$37(40
..-.Class B „:____7.__7^_v____-:-^____-_-■
$$1(4
Canada Malting, Ltd. (quar.)___——
$50cGinger* Ale (year end)
Canada Foundries & Forgings, class A (quar,)
—
—-
I
11-19.
11-20
12-
1
11-20
$2.40
11-15-
12- 1,
*
Common
,
Canadian International Invest,
5%
'
'
preferred
<accum.)__—;
Canadian Malartic Gold Mines (Interim)___
Canadian Oil Cos. (extra)
7--
.
42c
$20c
12-15
51
12-1
11-15
12-15
11-30
11- 5
12-4
12- 1
11-15
Empire & Bay States Telegraph—
4%
gtd. (qUar;).___
1
Empire Power Corp.—
$2.25 partic. stock (accum.)
!r
12- 1
12-23
llil5
12- 1
40c
7 42-l'5'';
11- 5
Co.
Assurance
Continental ,Casualty Co.';
■.'.Extra,
;
' 7 25c
12-10
12-1:
'-77 $1/12-10
11-26
25c
12- 1
11-15
50c
12-1
11-15
Carolina Tel. & Tel, (quar.)__7—
>
$2
12-18
12-11
Carpenter Steel (interim.)—v 50c
12-10 ,■ "712- I
Carthage Mills Inc;, common—4—. 50c
12-10
U-23
6% preferred A (quar.)
1—_
$1.50 ; 1- 3
12-13 ;
.6% preferred B (quar,),
—7—60c 7 1-3
12-13
Case (J. L) Co.,, common (year-end)—
•
$4
12-24
12-12
7'A. preferred (quar.)—
—-—
$1.75
1- 3
12-11
Catalin.Corp. of America (year end)—.
7 ; 10c
12-20
12- 1
Caterpillar Tractor Co. (quar.)
50c
11-30
11-15
Central Foundry. 5ft- conv. pfd. (quar.)—
■••"7$1,A 7 12- 1
11-17
Central Illinois Light, .4(4% pfd. (quar.)___
' $1(6
l- 3
' 12-20Central Illinois Securities Corp.—
/..,
'
$VA conv. preference (accum.)
——50c
'12- 1
11-19
Central Maine Power Co., common—
10c
11-30
11-29
.5% series preferred (quar.)—
i;—
62Vac
1-1
12-10
$6 preferred (quar.) 4.—$l'/a
'1- 1
12-10
63? preferred (quar.)
$l'/a
-l- 1
12-10
,7%. preferred (quar.)
.
$1%
1-14 12-10
Central Ohio Light & Power Co.—
773
preferred
73
12-15
12-15
1-15
25c
1- 3
12-17
1- 3
preferred
12-1
11-20
11-22
t50c
11-30
10-29
50 c
12-
,
40c
12-15
$6.
preferred
Falstaff
11-26
12-
$iy4
12-20
12-6
12-20
11-22
1-3-44
12-15
": $13A
1-3-44
12-15
20c
11-30
11-18
$1
11-30
11-18
20C
.9ey2c
12-10
12-
1
Faultless
12-10
12-
1
Federal
11-15
12-15
Central & South West Utilities Co.—
i
12-
25c
87'/ac
12-15
11-20
1
11-10
25c
12-15
11-30
25c
12-15
12-1
12-10
11-26
12-
12-15
11-19*
11-30*
12-15
12-
,
Central Cold Storage
1
7 ". 40c
-:: 7-w-'' 40c
1
■_
11-20
Culver & Port Clinton RR.
11-20
Cuneo Press,
12-10
11-20
11-20
11-20
Curtis
12-1
12-13
11-19
12-13
11-26
—
'Extra
L—
_4
75c
—__
Chesapeake & Ohio Ry.—
7
Chestnut
Hill
RR.
7
11-26
Extra
$2.25
,
Delaware
11-15
Dentist's
1
11-15
12-
75c
Exfcl'3
73
'Quarterly
Quarterly
Orl.
New
81
12-10
12-1
12-1
11-20
Detroit
25c 7-14-44
53
6' 14-44
Common
$1
_____——
25c
12-15
Farmers & Traders Life Insurance Co. (quar.)
$2.50
1-
1
12-11
$2.50
4-1
3-11
Common
preferred (quar.V———
$iy4
3-1
2-15
.53 * preferred (quar.)
$1V4
6-1
5-15
53 preferred, (quar.)— _________
j.4__
$iy4
9- 1
8-15
.53 preferred (quar.)—______—
$1'A; 12*1-44 11-15-44
.53 preferred .(quar.)——14^:
—40c :. 12-15
712- i
Cincinnati" Street Ry„' (year-end)—44—
Cities Service Power & Light Co.—,
".C ■ ■ '
." ' 7 7
$5 preferred (quar.)__—_—________—12-28
3L2-15
$6 preferred, (quarj—
$1%
12-28 .,12-15
.'$'7 pi'eferred'(quar.) _—_____4_____—1—■_
$1%
12-287' '.12*15-.'
City pf Newcastle Water, 63 pfd. (quar.)_ _ 7 $l,/a
12-47.1 11*10
City .Ice & Fuel Co.,,. common—__4—__4
7430c ,' 12-157 12- 1
6l/2'3 preferred (quarri———,__4V'$1.62ya-'' 12*1." 11-16
City Water Co_ of Chattanooga—
: ( T: - •*
" ',v
.53 preferred (quar.)—4___—7Aiy* i 12- 1
11-10
Clark Equipment; common (year-end);_^4_'5-A "*14750*7 .12-15.
' 11-26
>.,53' prefmed (quar4_-__-i_7__:'4_'4__—_4:;' '/$l V4'- ' 42-15 .: .11-26
Clayton Slver Mihes___—,— —1'Ac
42-20 ' 12- 1
Cleveland-Cliffs Iron, $5 preferred-(accum.)
! J$l,/2".''7ll;-30 7 11-23
Cleveland'
Pittsburgh RR.—
.
...V'
,4"': '
25c
12-10
75c
12-24
Doehler
.
Die
,
(year-endi—
Casting
(interim)
Doernbecher. Mfg. Co.
1- 3
(irregular)___________
Dominguez Oil Fields (monthly)
Dominion & Anglo Investment Corp.—
,7;
5%
preferred (quar.)____
Lr,_____
•
,
,
12,-10
11-30
$$1.25
Dominion Coal Co.v,63
:
.
,
11-27
11-19
11-19
12-10
(quar.)
*
.
.
7, ,,7
$$li.88
preferred (accum.)
Dominion Envelope &'Cartons—
7 73preferred (Western) (quar.Ul-__7---
Dominion-Scottish-: Investments—
'■•'.53
preferred
10c
25c
Ltds
11-12
11-29
12-1
12-10,
1144,
11-17
,7
7:, 7
12-1
11-15
1- 2
12-10
12-1
$87'Ac
11-20
$50c
12-
1
11- 2
$10c
12-20
11-24
25C
(quar.)______l.l___:_7-
11-30
11-18
'
...
.'
,i
Regular -stock
..
Cliffs
Coast
87Vdc^ ,,12-17
iquar.),
_——
- (quar.)
,*iul—.-
Tractor Co.—
Counties Gas & Electric Co.—..
50d *. .12- t"
"»
—__
Corjporation (irregular)——44__i_4_
»53-1st -preferred
,
3?yaC
7. 30c
Extra:
Co,
1
(squar.)_i
year-end)
_4_4
i___4"
i___
Coca-Cola International Corp.—
Common
'Class" A
(year-end)
(s:a)—
'
—
4—
11-30■
11-23
12-15"
,
.11-26
7
'
-
'
75c
-
'"1*2-15 •" 127 1'
$l;:i T2-15:"
12715;,
$1.50
7
7
—41' ,'".$13.20 7 ,12-15
' 7' $3 12-15
.
"
:
East St. L'ouis
i&
(quar.)
15c
.12-15
15c
12-15
12-4
60C
12-15
12-
$1 »A
50c
12-
1
11-15
12-10
11-30
$l3/4
12-30
12,-20
Class B
(quar.)^
Firemen's Fund Indemnity (San Fran.) (quar.)
Firestone Tire & Rubber 6% pfd. (quar.) ____
Common
•.___
First-State Pawners Society (quar,)——
Fishman (M. H.) Co. Inc. (quar.)7
Fitz
Florida
Power, 7% preferred
preferred A (quar.)—
".1%
Foote Bros. Gear &, Machine,
Ford Hotels Co.—
preferred
(Peter)
11-15
11-15
25c
1-15
50c
12rl6
25c
12-
1
10-30
12-
1
.11-15
1-
1
common
—
.Extra
—
Eastern Gas &:Puel Associates—
63 preferred (accum.)__1_7_7__
4'A 3 prior preferred
$14
5'A%
preferred
quar.)_
Corp.
(quar.)_
General
Corp.,
common
6';'o
Brewing
convertible preferred
Genera!
General
Bronze Corp.
Cigar Co., 7%
General
Development
General
Motors
11-22
1-10
12-15
75c
1-. 2
11-29
30c
12-10
1-
$1.50
"
;
1
*
"
'
11-20
12-15
12- 1
$1'A
.
75c.
$,11A
11-10
12-1
11-10
1-. l'
1- 1
I-1
-70
,12-
I
12-1
1-
1
12-
1
1-
1
12-
1
12-15
II-30
12-15
11-"'O
12-15
11-30
12-
1
11-15
12-20
.12-10
12-°1
12-20
50c
common_____________
1
11-13
1,
11 ■22
12-13
80c
12-10
12-
1.2-
30c
11-12
?-
$114
1
$1'A
partic. class A (accum.)
/
', $7
General Railway Signal, common (year end)'50C
6rA preferred. (,quar.)_—■ $1»A
1-10
2-
2-15
I
*
$4
FeinSiVvance Corp.
of
snare
ferred
$6
common
for
(N. Y.)
each
(quar.i^
share
of
held
12-13
12-
preferred (quar.)
Goebel Brewing Co. (quar.)_____„_
Stock
Cycle
Goodrich
Telegraph Co.
F.)
Co.,
preferred
(year-end)
I- 3
11-24-
b
1-1
12-11
I-
1
12-li
12-11
11-10
3
12-31
1-
12-.12,
12-10
11-30-
11-30
l$-3l
12-15
12-15
12-15.
,11-15,
50c
12-15
12-
50c.
12-' 1
11-12
50c
$1.25
(quar.)———______
/
(initial)
J
'
$15c
•
12-
1
11-10,
11-19.
$1".
common—
Properties—
Ctfs; of beneficial interest (year-end)
Great Northern Paper (quar.)
i
Great Northern Ry., preferred—„—.——_
11-15
II-30
lfic
(s-a)
preferred (quar.)_—__—7—7—
Grea t Lakes Paper, $2 partic. pref. B (accum.)
$2 pfd. A (accum..)____—-—
1
12-15
;*n12-15
(initial)10q :;n2-io
7%
II-15
50c
—
Indemnity (N. Y.)
Great American Industries
1
1-25
$t
$1V4
—
Co.
11-29
2-
5c
Gorham Mfg. Co, (quar.)—
Gossard (H. W.) Co
Union
12-15
12-10
25c
(quar.)^
Goodyear T re & Rubber Co., common—____
conv.
12-15
1
12-11
$1.50
((quar.)__—
common
11-16
1
1-
56'Ac
Corp._
(B.
11-16
1
1-
30c
——
convertible
&
1
12-
$1(4
—
Golden
12- 8
pre-
—
Gold
11-22
12-15
>
(quar.)____"
Co., .common
11-22
*
—
4V2%
.If-" 7
12-13
$11A
Georgia Power. $5 preferred (quar.i
$1(4
$6 preferred (quar.)
$174
Gillette Safety Razor, common (year end)_
45c
$5 preferred (quair.)
$1(4
Gimbel Brothers, common———
15c
$6 preferred
(quar.)—
—$1.50
Glidden
8
;i°-
50c
—
preferred
""
$13A
$75c
75c
11-19
12-1
fJ2*.1
11-17
12- 1
11-17
12-31
12-
1
12-31
12-
1
Great Northern Iron Ore
/Mountain PoweT, $6 pfd.
f
(accum.)—
Greyhound Corp., common (quar.)
Extra
5(4%
7,
11-20
12-31
$1%
$5 preferred (quar.)_____
General Out&j^.Advertising, 6% pfd.. (quar.4'
Green
,
...
11-20
•
$134
__7_7___
2
I
15c
(quar.—
11-23
1-25
1
1o-
12-15 ;
25c
11-23
12-14
1
11-16
11-20 1
75c
—
pfd. (quar.)_7_—
(irregular)
:
Corp.
12-
1
12-
68%c
General America
1
12-
1*>
—_7_.1—■
1- 5
12-1
———————
,77_
11-15
12-
12-"l
12-15
25c
Freeport Sulphur (quar.)
' 50c ;
Fruehauf Trailer Co., common (quar.)—_7__
35c
5% preferred (ouar.)—
—$1'A
Fulton Market Cold storage 8% pfd. (ac^um.)
Furhmenn & Schmidt Brewing (irregular)—,
<5c
Gatineau Power Co,, common (quar.)_——_
$15c
'5e/c preferred (quar.)^__
$$174
51/2^- preferred (quar.)..——$$1.38
Gaylord Container Corp., com. (quar.)
12JAc
Extra
1
12-15
25c
7^-7 7
_i;————
12-
$1'4
v_„—
(quar.)_„_j—
1-.1
;
preferred, (quar.)___7__
15c
(paym't clears all arrears)
Co.
6
11-20
(quar.i
Brewing
4
12-1
12-15
$1V3
12-
12-
1
1
Pitt Bridge Works_______—
Foster Wheeler—
1%
11-15*
1
12-1
Fort
$7 pfd. (accum.)
11-8
12-
25c
(quar.)——87JAc
$13A
12-15
$114
12-1
.
Simons&ConnellDredge $5 Dock (quar.)
50 c
1
17___
•
(year-end)
Great American
(year-end)7l_—_—
73-preferred-(quar.)
-
12- 6
Grand
(quar.)__
Interurban Water^
63
.
12- 4
12-21
—
12-13
$iy8.
pfd. A
(yeab-end)
12-1
12- 1
12-1
12-15
25c
Great Atlantic ;& Pacific Tea Co.,
__i
Hosiery Mills'; 63
'preferred
25c
—
12-20
-
(quar;)
J2*- 1
7-'
.
.63
12-
Federal-Mogul Corp,
Ferro Enamel Corp. (year end)—_
Finance Co. of Amer., class A (quar.)_
11.20
Chemicals, com; .(qqar.)_7_
.Common (year-end) 7
preferred (quar.)
Dwight Mfg.- .Co.
12-20
12-23
-$4»A
Durham
50c
12-10
duPont (E. I.) 7de.'Nemours-& Co.—
7
25c
$1V3
37,'Ac
(qUar.)__
preference
Eagle Picher Lead; coni.
3iy4c,
——
$3-class' A(s-a)__
11-10
-11-10
preferred
63
12-11
__________—7
$i'A
Bradstreet,,* common (quar.
Durez-Plastics •&
•
11-19
14-30
.
,
(quar.)i_.-s.____
;
Coca-Cola
$6
,
Special "guaranteed
Cleveland
Dun &
Reduced quarterly
60C
Driver-Harris Co.
12-11
12-31
Federal Lteht & Traction, $6 pfd. (quar. )—_
Federal Mining & Smelting (reduced)
-
37'Ac
,
.
12-15
12-31
75c
Granby Consol. Mining, Sn^elting & Power-7Quarterly ___—______——j—_—_____
Doyle-.Machine & Tool? (quar.)
1
1
FederaFCompress & Warehouse-
$5
7
12-
25c
$5 preferred
(accum.)
Dominion Stores,
2-10-44
1-
50c
——
General Shareholdings Corp. (optional stock
dividend
series),
Cash
or
121/1.500th
12- 1
12- 1
Co.
7
—
(quar.)
11-20
Dobecknum
11-15
1
—7
common
1
Extra
12-7
12-
$1V*
Co
(s-a)
12-
Dictaphone Corp., common (year-end)—____
50c
83
preferred (quar.)___
$2
Dixie Cup Co., $2(/2 class A- (quar.)625Ac
11-22
Rubber
Bake Shops,
preferred
General
1.1-29
1
Motor Car
—,
11-20
(s-a75c
(quar.)
'
(year-end)
Quarterly—
11-20
■•',"■77.7..■ ,7."."/
3-18
1
1
1
12-10
Diamond T
preferred
11-15
4-
1
12-
25c
11-19
12-18
$4
—
'
1
11-15
II-29
3c
IMS
pfd.
12- 1
12-1
37'Ac
25c
Diamond Match Co.
Pacific Ry.—
__—,—
'
11-29
15c'
"
12-20
$5
$1.25
r
11-17
$1'A
MetaUurgical,
25c
11-20
3
12-22
,7
25c
25c
50c
12-20
12-
-
12-10
(quar.)
participating
12-14
75c"
50c
and B
(quar.i
3
1-
12-1
12-15
12- 1
12-11
3-1-44
12-1
12-10
63
11-22
12-15
preferred
A
.Diamond Alkali Co.—
25c, 10-14-44 9- 14-44
$24.70
(irreg.),_
class
on
12-23
$13A
$7
30c
Steel* Corp.
Extra
3' 14-44
$1%
Texas
11-19
12-1
25c 1-14-44 12- 14-44
12-10
12- 1
.
11-15
$7'Ac
(quar.)____
common
12-
1
(quab.)—__
12-1
(year-end)
Devoe & Raynolds Co. Inc., class A (quar.)_
Class B
(quar.
•___
11-20.
11-20
12-15
12- 1
11-15
12-10
12-15
12- 3
11-15
12-23
11-20
12- 1
11-13
11-27
Stockyards, 5'A3 pfd. (quar,)
Derby Gas & Electricj $4 conv. pfd. (accum.)
Detroit Gasket & Mfg., 6,3 pfd. (quar.)____
1
12- 1
1-3
12-14
$134'•
11-20
25c 4-14-44
.$5>
,
,
12-
25C
———
—
preferred, (quar.)
Chrysler.' Corp.'' __
Churngold Corp. (year-end)
Common
(quar.)___l__
(quar.);
common
12-10
12-
>7.
12-1
11-15
12-15 ; 12- 4*
12- 6
11-19
,
12-14
Denver Union
1
12-3,
12- 1
12-24
1- 3
(quar.V
12-10
$1%
?
.'73
Cincinnati
Supply,
preferred
*$2
Quarterly V——___4—,i..u44..
Christiana Securities Co., common
;
(s-a)^________________7_____
30c
.
;
RR.
1-3
.
:,..^7'7.':' ■v7
35c
37'Ac
$1
$2
-75c
-
15C ;;
Chicago Towel Co., common (increased) —
$7 preferred 1 quar.)
—
.4_—
Chicago Yellow Cab Co. (quar.)—
Chickasha Cotton Oil (quarterly)—4—7——
7 12-3
Brewing,
Fansteel
1
40c
preferred (quar.)—___
Corp.
11-10
12-
12-
1- 3-44 12-20
12-24
(year-end)
73
1
12-16
12-
11-19
12-
$3
'75c
7
30c
*4
11-29
12-15,
10c
Sl'/a
.•■v7
12-
■
12-21
Fox
Delaware & Bound Brook RR.
,
-
12-10
—_L
11-24
Chicago Corp.—
$3 pfd. (this
1
12-23
75C
'
11-10
25c
1
12-
11-12
(extra)
Deisel-Wemmer-Gilbert
1
12-1
75c
12-
$2
preferred (quar.)___,
Sons—^
Cutler-Hammer
12- 7
12- T
12- 4
—
payment clears all arrears)-*
$3 preferred (quar.) _—__——
—
Chicago^ Mail Order, common (irregular) —
Chicago Mill & Lumber
——
4—
4'A3
Deere & Co,,
7
(quar.)—_j__——
11-8
12-15
(paym't clears all arrears) $7
___50c
Dayton Malleable Iron (irregular)
15c
Dayton Power & Light, 4y23 pfd. <quar.)__
$iya
De Jay Stores.—25c
Decca Records Inc. (quar.
A'
25c
12-15
11-
2
12-15
73 pfd. (accum.)
.
;
Stock dividend il/lOth share of new 3% %
preference for each common held)
t
12-
11-30
(quar.) (s-a)7
Publishing Co., $4 prior pfd. (quar.)-"
Cushman's
41-24
12-
11-13
$1%
arrears)
11-22
12-10
1- I
12-17
12-17
1
,$4 prior pfd. (accum.) (payment clears all
11-22
12- 6
12- 6
•;
::25c
6% preferred (quar,)————
SlVa
Chapman Valve Mfg., com. (quar.)_4———50c '
Extra',,
" 25c
73
pfd. ts-a)_,__——
' $3.50
Chesbrough Mfg. (qUar.)_
—4-,—"v.'* $1
Champion.Paper & Fibre, oommon (quar.)—
6
12-
$iy4
Cunningham Drug Stores—
6% class A prior preference
12-10
12^1-
6
Crum & Forster insurance Shares—
12-10
(quar.)_—__4——
Extra
Brewing- Co,
12-10
$1%
$1%
$iVa
$lVa
$1%
$7 prior,
1
50c
Extra
11-30
12-10
12-
__
1
prior.preferred (accum.)—
4.—-—preferred——4
—-4
$6 prior preferred (accum.)
—
—
$6 prior preferred—
—
Century Ribbon Mills, 7% pfd. (quar.)—
,$7
11-15
12-
12-21
11-24
10-30
(quar.)
—
Crum & Forster, 83 preferred (quar.)__;___
1
37'Ac
5%
12-15
preferred
12-10
12-
6%
.
12-1
73
12-22
20c
Extra'.—"———________
preferred (s-a)
i—
Fanny Farmer Candy Shops (quar.)________
(initiali—5c
Crown Central Petroleum Corp. (resumed)
10c
Crown Cork & Seal Co.. common (year-end)_
50c
$2.25 preferred (quar.)
—■
56'Ac
Crown Drug* Co., common..:
5c
Crown Zellerbach Corp., $5 conv. pfd. (quar.)
$iy4
Crow's Nest pass Coal (interim' $$1^„
Crucible Steel Co. of Amer., com. (year-end)
$3
11-15
12- 1
$1.50
t quar.
12-20
65c
15c
11-15
preferred——1_
1-3
$1
12-27
—
11-20
25C
w__i____—
12-17
(quar.)
11-20
12-1
Fairchild Engine &
25c
6
•
25c
11-15
$1;
11-20
50c
1
Extra'
12-
12-15
(quar.)
Fairbanks Morse & Co, (quar.)
12-
"
12-14
$1.25
Faber, Coe & Gregg
30c
712-10
conv.
1- 3
50c
<quar.)17
35c
$$1.75
$iy4
53
interest
Airplgne Corp. (initial)Fajardo Sugar (quar.)
Falconbridge Nickel Mines (interim )____i
'.Extra1
,
beneficial
11-26*
(quar.i
1
12-14
11-70
of
preferred (quar.)
Eversharp, Inc., 5% preferred (quar,)——_
Ex-Cell-O Corp. (quar.)
12-15
_ _
12-
71.14
11-15
12-15
(quar.)
12-22
3
I-
50c
12-15
Creameries of America, common_____l,_____
.
1- 3
common.
12-31
(quar.)
Corp
$1V4
12-22
,
12-15
RR.,
12-31
Cornell-Dubilier Electric (year-end)—
Corrugated Paper Box Co., 73 preferred____
Crane Co., 53 preferred (quar.)_7_________
Croft
12-15
'
.
Creole Petroleum
25c
.11-30
50c,
v.t.c.: (initial) ——7______________
preferred
1- 3
1
___
$3ya
11-10
56'Ac
17 3
12-10
25c
:w-
preferred (quar.).________r____„__:__
Coiaperweld Steel Co., common—.—______
.53 preferred Cqiiari) —_7—
:
Coronado Hotel (St. Louis)—
" '"
A
12-10
12-15
Certificates
1
$2
$4
7 Class
12- 1
50c
35c
&
$1%
common
11-20
$5
(quar.)—_—:
participating
1
12-10
r_—$25c
Equity Corp., $3 conv, pfd, (accum.)___
75c
Erie & Pittsburgh RR„ gtd, stock (quar.)___ .
80c
12-17
(quar.)_____,
pfd.
12-
$1
15c
Cook Paint & Varnish,
,
$1
.
.
Erie
11-20
31 y4c
11-24
11-27
11-18
$3 non-cum. class A_-
1
1
(Del.)
Continental Telephone, 6V2 3
Capital City Products (quar.
Carborundum Co. ■ •_—^^
Carman & Co., class
$2 class A t Uuar.)__^_____-._—_______4_-
12-15
1-3
1- 3
2-1
Corp., common fyear-end)
Continental Steel
:
1- 3,
1
12-13
preferred (quar.)—$134
$6 preferred (quar.)
i^
$1'A
English Electric Co. of Canada—
■' $l'/a
Continental Motors
Continental Oil Co.
12-
12-10
12-22
3
12-15
$5Va
_________
(Chicago)
1-
30c
—;„__7_7
(quar.)
(year-end):
Can
Derrick
12-28
$1.25
Equipment_^______,
Engineers Public Service, $5 pfd. (quar.)___,
7
'Extra
11-18
12- 1
$laA
(quar.)-
Empire Star Mines Co., Ltd.__i__.____
Emporium Capwell, Co., common (quar.)____
4Vt% preferred (quar.)_____
11-15
12-15
12- 3
60c
$1%
(quar.)__
(i'rreg.
Co.
Emsco
11-18
15c
11- 5
•
11-30:
3
Household, Utilities
1-1
12-
11-30
12-14
25c
common
12-1
.Liquidating .—-___—*
Consumers Glass Co.. Ltd. (quar.)
Continental
12-14
12-
.
10c
convertible preferred (quar,)„_____
Consolidated Wagon 81 Machine Co.-r;
7
Continental
11-30
7% preferred (quar.
12- 1
25c
4
12-14
3
50c
Electrographic Corp., Ify preferred
Elgin National Watch Co,
90c
3
12-
12- 4
Boat
Elliott
$lVij
$1
11-
1-
1- 3
62'Ac
preferred, series 1941 (quar.)___
conv,
Special
$2
(quar.)
Vultee Aircraft—
12- 6
'
$iy2
$1.25
11-17
.12-1
■
11-15
11-24
12-
12-24
preferred
83
Consolidated
11-1
12- 1
.12-22
$50c
k
i
12-15
11-19
__________
3
,20c
62'Ac
(quar.)
55c
preferred.B■ (quar.—
preferred C (quar.
Consolidated Laundries, common (resumed)$7.50 preferred (quar.)
7_;
Consolidated Retail Stores, com. (increased)
11-5
11-5
Trust-—
11-19
12-1
4%
3
$1»A
62»/ac
(quar.)
U-
.11-10
$l«A
(quar.)_______
i2-22
-4>/23
11-30
'
12-1
12-15
1- 3
1* 3
12- 6
12-6
12-10
$75c
1
12-
12-1
$1 'A
6%
preferred (quar.)
Edison Brothers Stores, common
5Vc conv, preferred iquar.)
12-31
(quar.)_7_
3
(accum.)
Eastman Kodak Co., common
12-15
$2.50nftn-cum./preferrled_________:
Consol. Gas,Elec. Light & Power (Bait.)—
*
preferred vtc,
11-19
75c
of N. Y.
1-
12-
Hoc
50c
t4c
6% pfd. (quar.)__
(quar.)'
1
$25c
60c
Co.
Biscuit
1
12-
common____
25g
.
12-
(quar.)
11-19
Consolidated Diversified Standard Securities—
11-15
:
3 "
Products
12- 3
Electric
______
Consolidated Edison Co.
11-15
12- 1 ■■'
1- 2 '
Special .__i_..._1_.;__±*_7___-7_77--_-_77-.7_'7j;
$50c
Canadian Food Products (quar.),—_______ r
450c
Canadian Foreign Investment Corp.—
'
r
7
8;% preferred (quar.v$$2
Canadian General Electric Ltd. (quar. 1V4—$$2
Canadian Industrial Alcohol, class A (interim)
$25c
•Class B-(interim.,'
425c
"}
(year-end)
Consolidated
,
' 425c;
$5
12-
1
$1V2
of Reo.
12-15
Eastern Sugar Associates—
1
Steel
t$iya
Connecticut River Power,
■
(interim).:__u__
12-
(Ontario 1 —:
Connecticut Power Co.-(quar.
,
Fairbanks-Morse
Eastern
1
,
___
Canadian
12-1
El Paso Natural Gas Co.,
preferred (quar.)
Common
12-
Holdert
$l'A
$1%
$6 pfd.___
preferred
Eastern Steamship Lines Inc.,
$2 conv. preferred (quar.)
12-15
25c
Payable
$6!A
12-15
$$3
& Power, $2.20 pfd. (quar. )
Connecticut Light
Eastern Shore Public Service,
Electric
Congoleum-Nairn, Inc. (quar.
Coniaurum Mines Ltd) (reduced) c_l_
_
—
.
When
thare
Name 0/ Company
12-15
$1
$iy4
7 40o
..Qua rterly__ _______
12-10
.12-15
12- 1'
12-1
11-15
11-24
12- 1
12-4
•
,
Co.
Carbon
83 'partic. preferred (s-a)
Confederation Life Association
12-15
1-25
$50c
~
7
1
,
.11-15
Canada Northern Power Corp., com, (quar.)
$15c
12-20
7% preferred (quar.)
$$1.75
1-15
12-20
Canada, Packers, Ltd. (quar.i
—/ 1-3;
12- 1
Canada Permanent Mortgage (quar. )_i____
4$2
1-3
12-15
Canada Vinegars, Ltd. (quar.)—, $10c
12- 1< "11*15
Extra,.4——i.--tlOc
12- 1-11-15
Canada Wire & Cable Co., Class A (interim)
:$$1.
12-15. - 11-30
.Class B (quar.)__j.
$25c
12-15'
11-30
6¥t*/e- preferred (quar.)
—:—7-l$l3/a
12-15
11-30
Canadian Bakeries, 5% partic. pfd. ^quar ),
• $$1(4'' ,12-1
10-30
Canadian Breweries, $3.40 preferred (quar.)_
$85c1-1
11-15
; Canadian Car & Foundry, partic. pfd. (quar.) 1 .-<•
*453c X
1-10 . .12*21
Canadian Cottons, common (increased qUar.)
$$1(4
1- 3
12- 3
16'it preferred iquar.)—"$$1(6.';/'I-.) 3... 12- 3
Extra
12-
12*31
Per
*•
^Eastern Massachusetts Street Ry,—
6% 1st preterreu laccum.)
12-
(quar.)___
7
Commonwealth Telephone, $5 pfd. (quar.)__
Community Public Sei*.vice (quar.)________i_
Compania Swift International; see Swift
Conde Nast Publications
(special)—__—1
Confederation Amusements—
12-20
12-20
12-1
12-11
12-15
12- 1
12-10
12-16
12-16
12-15
10-30
1
12-
Columbian
10-29
11-15'
11- 5
11- 5
12- 1
(quar.)-—^.—-.4--—-—'
50c
>12-20;
(s-a)______7_75c,'J - 1- 3
Campbell Wyant & Cannon Fdy. (year end)
50c
Canada Crushed Stone (interim)
nu '• 410cCanada & Dominion Sugar (quar.)—
—
$20c
11-15
11-15
Camden; & Burlington Co. Ry.
Canada Dry
of Reo,
,
11-10
11-15
12121212-
25c
40c
40c
-
2157
Hotdert
12-
t25c
—______
—
,
California Ink Co
(s-a)
Ltd.
Colgate-Palmolive-Peet, $4y2 pfd. (quar.)—
$1.06'A,
53 pfd. (quar.)—
$1.25
(quar. )_____*
25c
53 preferred A.(quar.__T
62yac
Columbia Baking, common
—7'7
75c
$1 participating preferred (quar.)_;_
25c
Participating
75c
Columbia Broadcasting System Inc.~w
Class A
(year-end)___
—___________
90c
Class B
(year-end)
—_—
90c
12- 3
1
1
1
5%
preferred (quar.)__
•
$1(4,
1
Burroughs Adding Machine (quar.
15c
12- 4
Bush Terminal Bldgs., 7% pfd. (accum.)____■
;
75c
12- 1
Butler Bros., common___-:-_;.w-.!.___7________
15c
12- 1
5% convertible preferred (quar.)___.i__7__'
37(4c
12-1 *
Butler (P. H.i Co., common (initial)—25C
12-10
5% conv. preferred (quar.)
7.__-__-_
31'Ac
1- 3
.5% non-cum. preferred B.yquar.)r:_,i_77A;..-- 31 (4c
/ 1- 3
Butler Water, 17c preferred (quar.)____
' $13A
12-15
_________
Co.,
-
Collins & Aikman Corp.,
Concen¬
trating iquar.)
——_______ ______
Burlington Mills Corp., commonL^__,_7-_Extra
Plow
*
Per '
Colonial Stores, Inc., common
12-3
15c
50c
"
.
&
Cockshutt
When
thare7 Payable
flame of Company
11-20*
.11-19
50c,
;_7,
Mining
Holieri
,
payable. , 0/
■
65c
50e
—
_____—
—
Bullock
thare.
Co.,. (year end)—
Company1
.Extra
iWhen,
....'.Pet
(
,
Mfg., $5 prior preferred—$1(4
Buffalo Forge
Bullard
'
■
<
■Nameot Company
(E. G.)
FINANCIAL CHRONICLE
THE COMMERCIAL %
Number 4233
——
preferred (quar.)
12-15
(T-ipRpdie«lc <te
12-15
Griggs, Cooper & Co,_
—
^^——7—_'
Western-Brewery (irregular)—
$2
40c
$1
12- 8
11-26
12- 1
12-13
11-22
$1(A
12-1
11-20
25c
12-21
12-10
25c
12-21
12-10
13%c
12-21
12-10
$1(4
12-28
12-14
12-
11-24
-
_
50c
1
11-20
THE COMMERCIAL & FINANCIAL CHRONICLE
2158
tioiaert
Per
wnen
snare
Name of company
Payable
Per
of Rec,
Nameof Company
(quar.)——,,
25c
12-10
11-19
Kern
50c
12-10
11-19
Kerr-Addison
(quar.'»,_
Griesedieck West. Brewery, 5%'$} pfd. (quar.)
5 Vu'.h
preferred (quar.;)_,,4,.^,_,_,;-Hackensack Water, common (s-a) .i,.7 <4
preferred A (quar.)—
$1.50
Oil
Gulf
Gulf
.
Hajoca
Corp.,
6r/v
Hale
preferred
$6
Co.,
Power
34=4.0
Brothers
43=)-iC
Extra
(quar,H-r-'
1» J- *+,*'*
1
11-15
IOC
12-
1
11-15
50c
32-
1
11-15
12-
1
11-15
25c
12-
1
11-20
87VaC
12-
1
11-20
$1.25
12-
1
11-15
Lake Superior District Power,
12-1
11-10
Lake of the Woods Milling, com.
V
,
J,/.,,
Hanley (James) Co., common (quar.
A,.
77b
preferred; (quar.—4,—
Banna (M. A.) Co., So pfd. (quar..)—v~-
,•
25c
common^.,
Refractories,
12-
4
75c
12-
1
1
1
12-20
25c
12-15
12-10
6
8
20c
12-
1
12-
1
12-
1',
iiv
$4VS
4.
'
12-
1
50c
'
12-20
12-11
12-11
12-
12-1
11-15
1
12-
1
f5c
12-
2
65c
1
15c
12-10
Horn (A. €,)—*
$1)4
12-31
G%
non-cum.
7%
non-cum.
Horn & Hardart
11-30
11-
class
(quar.)—
pfd, (quar.)
(quar.)__
*
A
1
11-10
1-
2
12-20
preferred
6ci>
(quar.)
Link
11-20
12-10
Lion Oil
12-10
Lionel
Corp.
12-21
12-10
12-10
11-30
Liquid
Cat-ijonic Corp."
41c
12-10
11-30
?S1
12-13
11-
10c,
12-1
11-16
•
9
$iy2
12-1
;
12-1
$1%
12-
1
12-
1
12-10
12-
1
11-
12-
1
i"
'
7
11-16
12-31
11-16
12-1
12-1
50c
12-27
.
..
1-3
30c
12-14
1
12-
1
12-
1
11-29
12-
1
11-20
12-
1
111- 8
12-1
11-12
10-30
12-10
12-10
12-10
12-15
11-30
1-15
12-20
12-
1
12-31*
50c
_
1112-
1-
3
7
12-
1
11-22
11-30
11-10
4$l-75
1-
3
12-10
50c
12-
1
:
Jaeger
Jewel
4)4r/c
Co.,
Inc.,
12-15
Johns-Mansville.
7':b
—
(accum.)
_
12-
1
11-23
75c
12-
1
11-18
25c
12-
-
1
1-15
Halamazoo
Stove
Co
&
————
Furnace
475c
1-15
Kansas
$6
(quar.)_
City Povrer & Light—
B (quar.)_.
Katz Drug
Co.,
common—
$4.50 preferred
Kaufmann
12-11
$134
(year-end j
1;i v
v:
1-15
ii-24
-
,
12-
1
11-
12-
1
11- 2
& Paper
Power
<interim),
(R.
:
114
2
11-
2
:
12-31
;
12-21
1-3
$4
,)
X 50c
;
Nanaimo-Duncan
4::
•
"a
,
11-24
■
9-30
11-17
11-20
v
425c
-
11-22
12-24
12-15
12-15
12-15
11-
12-15
11-13
12-16- c11—17
::
11-19
National
;
11-30
-•National
11-30;
11-20
12-15
4 12-3
12-3
11-10
1
12-4
1-1
$1)4
11-24
Marven's,
12-
1
11-10
12-20
11-29
30c
12-10
11-25
4Viz 4
11-30
12-
50C
$1)4
1
.
Master
2-1
1-18
32-24
12-10
May
12-17
May
$134
1-
1
6
12-1;
10-29
1-
6
1-
1
12-3
$1)4
1-1
12-3
$1
1.2-15
$1V'2
20c
Co.
——
50c
-
12-
1
12-15
12-
1
12-15
13.-24
20c
12-
12-15
1
11-20
12-
4
1-
1
12-15
$1%
12-14
11-30
12-15
Zinc-—
1-1
12-25
;
25c
12-10
11-15
$1V4 "
12-4
ll'-15
35c ;
12-20
3.2-
11-30' V
11-15
'
'
•
\
;riv
——4
25c
-75c
$6
preferred
A
(quar.)
$5.50 preferred B
Meadville
& Miners
1
Merchants
25C
12-
3
11-20
1-
3
12-18
$1,079
41-15
11-15
'
.44
—
—,
$ivv.
12-
$5
r
A
conv.
Kellogg
preference
(Julius I
&
Company,
Co
(quar.).
common
Kendall Co., $6 partic.
-
———
—
—
(year-end)—.
preferred A
^quar.)—
$1J/2
12- 1
11-10
74
Refrigeration,
preferred—-.
class A
Merritt-Chapman & Scott—
6J/a4 preferred A (accum.)
Messer
Oil
————
(initial)—
41-15
11-15
-
•1-2
50c,
:■
'
Norfolk
12-15
-
,"
——4
——
'
12-
1
8
12-8
1148
12-3
11-27*
11-16
1145
11-30
12-4
11-12
1142
11-12
11-16
12-10
11-30
11-30
11-27
11-15
11-24
11-15
1-15.
12-10
11-19
11-15
;
12'2c,
12,-15
20c
12-
1
8
Ry,
(initial)-,——_4_,_
common (quay.)
North
12-10
11-15
12-1
American
Common
&
.
12-
Southern
Norfolk & Western Railway,
31-15
2-1-44
$8'8
11-20
12- .7
12-31
(stock div.)
Electric
4.4 (subject
Co.-—;
to
com.
for
11-19
12- 1
13-5
■'
*
preferred
12-15"
12-29:
11-301
$1.75
—
(quar.)$1.25
Gas—
Elec.
(quar.)..,; -»r_4„,_4u,_, $1.275/2c
(quar.),—; , $50c
Niles-Bement-Pond —,-.,4——/.,x4,^u~4__, 50c
Nippissing Mines (year end >._^4i
10c
Noranda Mines Ltd. (quar.t,
—'
f$V "
5.10(4
•
5%
Kayser
preferred
non-cUm.
New York State
11-26
.
1
12-
62 V2 C
.
1
12-14
$1.75
;
—
Niagara Lower Arch Bridge,
2C
——
12-
12-8
.
Common
,
12-10
$138
,
'
(s-a)4— J
Transportation (quar.),
_4—
,
.
,
11-29
15c
—'
Telephone, 54 preferred
3
12-15
preferred--, '
(quar.)
12-
12-15
25c
11-15
•
.
—
12-
$1)4
1"
12-4
12-'1
Sugar Refining & Molasses—
•.•«-•••
$l3't ' 12-1
11-18
preferred (accum.)—i——4—4'-.".
43 %C "112- 1
7 4 pfd, (quar.)—
ll-~l
Mclntyre Porcupine Mines (quar.)_—44 • 155 W 12- 1
1- 3 ■
Extra (quar.)
$$1.11:
11- 1
——_4
12-15 '11-30
McKenzie Red Lake Mines——4—4444.' :42V/2C'
Merchants' Petroleum
12-
12-
25c
74
5V'(4
50c
.
11-29
12-
.
''
'
•
McClatchy Newspapers,
1
12-15
4
1.
$7'
——44
common;
20c
1
.
McCahan
& Robbins Inc.,
4„,;4.;
•
12-15
•'
50c
McKesson
accum.).
11-29
11-30
,
50c
:
1
1-15
11-15
11-20
12-15
12-15
12- 1'
12- 1
New; England Public Service, Co.™ 4'; ;4,4 ;•. i.
,4,
4 •$6 prior lien preferred (accmn. ),,x
^
75c
12-15
$7 prior lien preferred ( accumi>__4,44_4
12-15
Newmont, Mining Corp. ;„_„4,4-,4„_v,44,-;„'
37 Vizc
1245
.Newport Electric (irregular)' ___,-4-—4:4,, 40c
12-1
Newport Industries, Inc.; 4_,4Ii;4^4444,_,_4'
20c
12-10
Newport News Shipbuilding & Dry Dock—.'•.
4 ,;
Common
'_^„_4„..
; 50c.
12-.1
5%, cohv, preferred (quar.Li-4,,-4,4~4—4;
$1)4
2-. 1
New England Tel. & Tel. (irreg.$1%
.12-31
New Jersey Zinc Co,iirregular,i:..4_4-:_,-„, .
-$1
12-10
New York Air Brake-CO..,.———f.444w,K4,x,4:.
5QC-- 12- 1
New, York Central RR. (irregular)—4,44,4,
r
$1
4 145
New York City Omnibus,.444x,,^„4-Iw.i.AH„._,$1
12-14
New York Mutual Telegraph Co. (s-a f,..44,,,'
•• 75c
1- 3
New.York & Queens Elec. ;Lt., .& Power Co.—-
:
12-15
(s-ai-4
————_I;4_
;
preferred (accum.)—
Department Stores———
McEwen Kaiseu Co.
Merchants
Stores-
———
—
1-4'
4
l$l:V'2 4 42-31
12-3
$1V4-
74
$14'
(quar.)—-4 '
preferred
Electric
cl. A
coinmoit
1-15
11-20
11-20
'4
(quar.);
common
Mattiessen & Hegeler
12-20
12-
Corp.,
Bedford Cordage Co.,
32-1
11-15
B
50c.
preferred (s-a)'„444,_4.444^.;-_.:;,f.4_4.:.v';,$3V24'; 12- l
Newberry (J. J.) Co., 5,%', pfd. A (quar.)r_„
$1V4
12- 1
:; Common (quar. t ,^,4,,4_^u4.,x-„44>4.-44.,, 4',4,v '• 60c
12-23
;11-10 '
.42-4 :
12-15
Ltd., 64'.preferred (quar.>_„4_
Masonite
25C
6
12-30
11-15
12- 1
12-15
;4 25c '
Class
12- 3
preferred (quar.)-
Massachusetts Plate Glass Insurance
(quar.)-._^-44„r„__.;„__-
I-,-,——;-4_4..44l44.i_4;-;..4;
*
12-
■32-' 1
11-30
-
74
'
12-11
Inc.
Bros;
Extra
New
50c
Marion Reserve Power, $5
12-17
12- 1
12- 1
12-11
Nestle-Le Mur $2 cum. partic.
•244
(interim)——44' :
11-24
:-.-^4^-54,44,4;;4l-,4-'44^;Vr44~/-, ';4; 25c
.
11-12-
12-15
1- 1
7'X
..1
.
6
12-15
•
Co.,
Neisner
11-30
12-
11-10
12-10.
.
11-30
12-
11-16
75c
preferred (quar.) -,—4.-4
$ 1 xk
preferred (quar._ 44;$1M;
Negus Mines ,Ltd. (interim)..:4.-::;,,a—
; $2 V->c
4 Neiman-Marcus Co." 5V44 preferred'(quar.)44$1.25
44
11-20
.
,1149
I 12-
(•qtiar.)44.-A444444).4,';.';':-' "50c
(yeai'-end) ::;44444,:4„444
Co.
Transit
Nebraska Power, 6((
llr12 1
12-15;
50c
Standard Co.
Natomas
11-27
V 12-15 ':
25c
(quar.) ——4—4
,
11-29.
11-30
..
$34 :
$14
.
2
1
12-1
42-1
27V'2C
4: 4 :
(quar.)15c
National Bearings Metals Corp., com, (quar.)
25c
National Biscuit, 7'4 preferred (quar.3—^.,4
$134
"
411-15
12-10
75c
.
4
3
)_,,44,44-i44-,-4_44.
_
11-30
25c
,
■
11-30
1-3
'
:;4;5c V
i-
(quar.
convertible preferred
'
1*
11-29
'V 1-3-44
Tenn.)
11-15
11-12
12- 1
12- 1
•
9-30
42-
(quar.144'_'„44i^-,_;_—444; f8iV4c
$2 r
11-30
National Cash Register, com.
(year end)__
25c
12-20
Common
(quar.)'
25c / 1-15
:. ' Na tional -City ■ Lines, cbmmon44'_T:444
:;--4 ' 25c 4'': i2-l'5';;;
?■;. ;4, Extra'
a-;,,44-41..4444444a44;.;:.-4-^;;-'12j2c4• 12-15
Class A (quar.)_,444,_—,-444^.444:2-J-4— '
50e
2- 1
S3 conv. preferred < quar. >.....
75c
2- I
National Container Corp. (quar.i„,,„——4.
25c,I. 12-15
National Cylinder Gas (quar.)4
20c
12-10
I National
Dairy: Products..4_„^_u,4.4--.
' 25c
12-15
Extra
"
2;-4-4,i,4-4.-44„4''' i-'_44,'-444,4''
40c
12-15
National Erie,
non-cum. 1st.pfd, :"(s-a)4_;
$2V/a
12-20
.v ■' 3%
non-cum, 2nd preferred. (s-a)_——;_
SIV'a
12-20
National Folding Box, common', (irreg.)___„ .
50c
12-15
National Funding Corp., class A (quar;i4.:_
35c
12-20
Class B (quar.)—4,,44—,,4.;,.,:.,-„44a-.,-.-4 4;'
35c
42-20
National Gypsum Co., $4,/2 pfd.;. (quar.
$XV» ; 12- 1
National Lead Co., 7',b preferred A iquar.ic,
$1.75
1245
National Malleable & Steel Castings.:.-—4,4^
25c
12-11
National Rubber Machinery' (quar.)4a-.:4a-;v
25c
12- 4
11-20
12-15
ville,
6V«
11-20
42-
Ltd.—
Utilities,
preferred
■
National Automotive Fibres—
'
;v
.
.
(qunr.)_„4_„.~75c
Chattanooga & St, Louis Ry. Co.„_
Nashville Life & Accident Insurance (Nash
11-15
12-11,
6% (/
1
4. Nashville
12-24
'•
12-10
-.:
20c ;
$2
82
:
12-21
12-31-
■
'vvr$2,^
(irregular)——4444;:
'12-11
37 )4c
—
12-15
12- 1
12-15
12- 1
12- 1
$1.75
4
-■
(irregular)d4:50c ' ; 13-- 6
11-23
Muskegon Motor Specialities— ' • '• '-'4V;'.>"4^.4'"-'.>• 44
"444-,;; 4,*"; /v.
„4 82 class A <quar.)^4„444444-44^444v44;44;V,;4/-;: 50c
12- 1
11-15
Muskegon Piston Ring (year-end*,'.,. ,_n i—
20c
1247
41-24
Muskogee.Co., (i'b preferred (quar.)„„4...t
i. $1V2 •
12- 1
11-151
.---Mutual Chemical Co. of America™
;:4,;4 4', ;444r;:44:4>44:4 •
6%
preferred (quar.)-,,—————,
$1%
12-28
12-16
Mutual System, Inc., 6fc pfd. (quar.)*4_,_4: 437V2c
1-15
12-31
11-20"
,
Co.
-
■
11-30
>4
Lake Gold MineshJ——4—4'
C.)
2
12- 1.
X12-.1
& Sales
Manufacturing
Ordinary registered
11-24
25c
Common
12-10
•
-
;;
(s-a;?-4:.4^444;.--^;.
Manufacturing Corp.; 7Vc pfd. (quar.),
Water, Works, :8Vi pfd, (quar.),;
Munson Line Inc., $4 pfd. A .„-,_.I_4_4.-4.:«
-
11-24
12-1,0
y
(special
$1%
$iy2
(quar.)—,
Department
X-
11-10;
14-30 4JI-20*
$1
(quar.)..:
Mead Corporation,
preferred
12- 8
25c
11-20
31-19
41-17
11-25
11-13
12- 1
11-19
11-20
11-30
12-10
30c
Muncic
•
'
$1
12-15
15c
(year-end)---—
Kalamazoo Vegetable Parchment
30c.
25c.
.
Mullins
•
11-10
2-1- ;y
•:
s
4':
Co.—----4
Consolidated Mfg.
Ma pes
75c
(year-end)
————————
& Laughlin Steel, common—-———
5rb preferred A (quar.zr
; •
5fw preferred B (quar.)—i
Joslyn Mfg. & Supply, common64'
preferred (quai;,)— i.I
Manufacturing'
'
.
11-26-
1
Murray Corp. of America
25c
12-15
$1.06 V4
Jones
Joy
Murphy (G. C.) Co.
..
—_
Mountain Producers CMrpI.
1-3,
?.2oc
Mangel Stores Corp., $5 pfd. (accum.)—4
$5 conv. preferred (quar,).——
-.4---4:
Manhattan Shirt Co. (quar.)—4—4——4
25c
——_—
common
$1
_4..2,4_
l irregular)-,!-
Fuel Supply
4
,' 50c y
11-19
S25c
42V4C
(quar.)
common
preferred (quar.)
Mountain
12-
1-3-44: ,1-3-44
12-15
32^ 1;
12- 1
11-25
$1 %
I quar.),-4a-
(quar.i,_4
Corp.
Corp.. (year-endi__,4
4
k $1.10
•4
11-30*
60c
-
(irreg.)——
preferred (quar.)
6
11-27
:
25c
11-30
Garden Corp
.
4
12-11
25c
Magazine Repeating Razor coinnion--4-4- ,
$1VV'. 12-11
$5 preferred (quar.) ——4---4--4-—
25c
12-15
Magma Copper .CO.v^-4C4-4_:---4~-44-;.:,:
Magnet Coi^solidated Mines, Ltd.4444,4 4- - ):3c ; .12-10
25c
12-10
Mngnavox Co., 54 non-cum. pfd.; (resumed);'
25c
12-10
Common
(initial)
-4-444v,
;
i5c
12-15
Magnin (I.) Co. (quar.)————_4
Mahon
Machine Co.—i—r——————
Knitting Mills, 5',b pfd. (quarterly)-
Tea
Wheel
Motor
Marconi IntT Marine Communication Co., Ltd.
6 c/o preferred d.iv. arrear ctfs. (acemn.i.
.tron Fireman Mfg., common (quar.)
—
Jantzen
"
;.
11-15
Mowa Southern Utilities Co.—
island Mountain Mines Ltd.
Gas
Madson Red
11-23
4 $5
•
div. arrear ctfs.
Industrial Society
Plan
Morris
Motor Finance
.
12-11,
425c
(monthly)
Madison Square
12-31
12-
450c
Corp.
<1-^."
Foundation, com. (initial.)— j.-—
preferred (quar,)-~-.i-~---i--.—-~
6y2(h preferred
12- 4
.44;;::::^''4.;''4'4,.'
•
12-11
SlJa
a-
,.
:
common
preferred
MacLaren
:
1
$1V4
$1 34
(accum.)
12-16
'
:
&veo.4-444-,^^4i,;-44i;A^4_;;i:, $1';.,
Morgan (J. P.)
1-3
.
5
$1.50
—
,
11-24
50c
(s-ai—
preferred div. arrear ctfs.
1$1V4
dividend)
Moore'(Wm7R4~Dr}~GoodsTqiia7.nl-7--E-"
.11-30
25c
40c,
Lykens Valley RR. & Coal (s-a«
*4:,-$3Lynchburg & Abingdon Telegraph Co. (s-a)
•.'•""VWzCX
M. J. & M. M. Mining Consol. (increased s-a)
..4:6c
Macassa
Mines, Ltd.
(quar.)
—
;
$2
Mack Trucks (year end)
—
13.-14
30c
inter type
7',:o
11-15
11-15
11-30
12-15
Recipients must pay State & Federal
4 v
1
J
4'1 •"''; ":-4
bon.
"taxes "jV
"
25c
.
I'-;
$1.50
Co.—44—• •'
Limkenheimer Co., 6Viz 4 preferred (quar.)l4, $1.62 Viz
11-30
1-28
$134
(quar.)
4
35 c
■
(monthly) 4-—
Star
Ludlow
11-26
35c
5'4
investment
6%
11-30
Sl'Vi
Co
VV
v;
11-30
.
11-20 V
$lVa
(accum.)——,—
Silver
12-15
(accmn.)
Distillery4(whiskey
(Tom)
gallons payable in bulk Kentucky Bour-
12-11
•
11-15
$iya
.
;
Safety Razor, class A
l
preferred
27
12-15
1-1-44
.
12-15 '
12-
18c
;
international
11-
1
•
25c
(year end)
Ltd.
12-
f31V4c
Mortgage (quar.)—.
•
12-10
:
—
_
pfd. (accum.)_
7f/b preferred (quar,)___-—_
international Products Corp. (irregular)___
international Rys. of Central America— '
international
12-
participating preferred (quar.)_—144, ■«: tVA'': 12-1
25C,
12-1
Participating
-—--4,;
■V
1-15
20C
Loomis-Sayles Mutual Fund
50 c. .4 1-15
Loomis-Sayles Second Fund (quarterly)
12-1
v
$1.50
Lord & Taylor, 64 :1st pfd. (quar.)-——
42- 5
5pc
Los Angeles Investment (resumed
——4: ir
12-15
10c
Louisiana Land & Exploration——4—4_
Louisville & Nashville RR. (year end)444V r'\;4$24 12-24
12- 1
4c
Louisville Provision Co., 84 partic. pfd. (s-a):;
12-15
10c
Louisville Title Mortgage Co..(s-a)—_—Vf•'4: 20c
12-15
11-20
international Power Co.,
5(;b: preferred
1-1
12-15
5 4
V11-20
12-1
412 %c
preferred (quar. )__
Co.
£ipe,
Locomotive Firebox Co.
Lone
11-20
410c'
437 Vac
(quar,
Co; (quar.)
$3
Moore
11-12
.
&
12-15
Montreal Refrigeration & Warehouse™'
.
12-13 :
50C
'
^quarJ—L-.-.,
4
9-24
1
50c
Petroleum
common
Longhorn Portland Cement—
(quar.)
international
(quar.)—_:
capital
Common
84
12-
HOC
international Cigar Machinery Co. (year-end)
international Ocean Telegraph
Montreal Loan
15c
•
fy";
50c
(quar.)
1
25c
■
12-
3
—------X—, 4~-™,
international Paper,
12-1
Sl34.
•
10-21
■i
Mnterlake Iron Corp.
lc/e, preferred (quar.)!*„
international Nickel Co., of Canada
1.
7c'o
11-12
12-
.
com.
12- 1 4 11-10
12- 1
11-10
preferred A <s-a)_
$2.25preferred B (s-a)4;—4.4„44w4K„44$2.25
Ltd., common (quar.)—$$1
preferred (quar.)__
4$i34
$4.50
11-12
$12V>c
5
$lJ/2
common
Harvester Co.,
11-20
'$4.50
11-12
1
12-
11-26 '
11-26
11-10
11-10
;:
11-4
12-1
$1.62 Wz'
preferred (quar.)——Refining (quar.)
Lock Joint
institutional Securities, Ltd.—
Common
6V24
';vi Class B (qttar.)—
-..;u
Shares (s-a)
(resumed)!-_,.
11-
12- 1;
50c
•;
12-
1
11-15
12-, 1
:
70c
.
31-20
11-13
31-26
Montreal Cottons,
75c
3
12-
$25c
Mnternational Business Machines
v
1004
,
—
l
12-15
12- 3
12- 9
42-
Society, 5V-zV( pfd. (quar.)—
34'Vac
12-1
Monsanto Chemical Co., com, (year end),4
75c '412- 1
$4 preferred C (s-a)_,,4—^4,4—,4y4 ■•'
$2
12-1
11-10
1::
12-104;
A
31-20
75c
.
12-15
\
11- 3
L-
Loan
Monroe
;
12-104 11-26
-
15c
;
75c
■4 50c
4V24 preferred A (quar.)
Miami RR. Co., special gtd.
12-20
$1
international
75C
11-10
17-30
70c
(irregular)
6% conv. preferred (initial)-iuJ,I^_-4-,-->
Indianapolis- Public Welfare Lean Assoc.—«•
,
•12-
"$i%''-:
41244c
3Qc
dividend
'•
1
12-
;
50c
..
11-20
12-27
.
40c
(quar.)—
(quar.)
Loblaw Groceterias Co., Ltd.; class A (quar.)
11-10
$144
Sl34
92 Vac
—
Stock
~
'
(quai.)
12-20
31-17
32-15
11-17
50c
Mock,; Judson Voehringer (year-end )_4.—;
Mohawk-: Carpet .Mills.
'', :'
Monarch Machine Tool—!
v :
12-4
,
.
12-15
.v-; $40c:
-V
,12-
12-18
;
soc
11-22
'
i'v:
ingersoll-Rand
'Inland Steel
(year-end—
20C
,
Little
11-16
15c
.
.
Aviation Group
Co,,, common
' 12-20
11-30
20c
■
,
12-14
12-15
25c
:,4
J_
Service..————
Public
Missouri
11-20
4'
1-3-44
.:S1
•
12-
:
25c-.
•
(quar;)>
(irregular)-—_ v-
Service Corp.
Belt
12-17
$1
Missouri Utilities, common......
25c
••'';■ -.5% preferred (quar.) 4.$ll'i
Mitchell (Robert) Co.,:Ltd.c,^-c^ai44-_4 4;;;-4$3,
11-29
12-14
62V2c
'
25c
75c
-W;'.;.i
(interim)
imperial Varnish & Color, Ltd., com. (quar.)
Products,
9
11-29
.
4
112-
;
:
.
9
11-
.
12-21
Ordinary
Steel
11-
12-14
:'37V'2C;
12-10
imperial Oil <s-a)
imperial Tobacco of Canada—
.•Indiana
1
1
i quar.
$1.75
preferred (quar.)_,
$1.50 conv. partic. preferred (quar.)
independent Pneumatic Tool, v.t.c.,,_.,—*
indian Motocycle, 6(1/ non-cum. pfd. .-(s-a.)—;
1212-
Cup
12-21
(final)„--X,_4,44,,_,444''
shares
12-21
25c
:
:
30c
Hygrade Food Products (year-end) — 4,__,,
■HJinois Iowa Power, 57 pfd. (accum._
Hlinois Municipal Water, 67 pfd. (quar,)—
Ordinary
V12-31
$1.12 Vi
^
(year end)
Corp,
•
,
(quar.)
com.
Mission
"42-1
Mississippi Power, $6 preferred (quar. t iki-J.
$LVx ;;;: 1- 3
,.:;'41':4$7' preferred (quaix.)——_'
*.$i;h
4 1- 3
Mississippi Valley Public Service, com,; (quar.)
SI
12- 1
- * G'A preferred B (quar.)444I——4.,X—:
$i.v,
1- 3
7','e preferred A (quar.)„,4—.
$l3i
12- 1
3
:
$3
(irregular.)--:
(quar.)
$1.75
Huntington Water, -6ft preferred (quar,)—_
Vfo preferred (quar.)——'
imperial Chemical Industries, Ltd.—
•
20c
$1.50
preferred (quar.)'_,
Huttig Sash & Door, 7',i>
11-19
11-24
11-20
11-20
11-19
12-1
'
,
—,
.
'4...
(quar.)
(quar.)—
Original
——,,
12-
11-30
: ;50c
.
12-18
25c
■
Hunt Bros. Packing,
11-24
12-11
41-24
12-10
42-10
50c.
preferred B (quar.)—4—__i—$1
preferred C (quar.)__.
$1.06
4%
11-304
(Wash., D. C.), com.-'
11-30
12-13
87 Viz c.74
prior preferred, (quar.
•37V'2c v 12-13 441-30
64 partic. preferred (quar.)
11-24
12- 1
Lincoln Stores, Inc., Common <quar.)-L-,r-.; 4 30c
11-24
,12- 1
$1%
.v.: 74 preferred (quar.)
—
;4'
Hummell-Ross Fibre Corp.--:
B
Lily-Tulip
11-15
'
12-
44a,.A.4"
Ltd.4__
Motor
Hudson
12-1
$1.25
Co.,
Howey Gold Mines, Ltd. (interim
Hudson Bay Mining & Smelting Co.,
Inc.,
Industries, class A
preferred
74
5
62V4C
(year
Bros.
12-15
4—^4—'.4_—'
Extra
12-27
12- 1
11-15
11-15
11-15
12- 2
11-26
.
12-10
50c
,
11-30'.
11- 5,
41-20
12-15
12-15
12-12
4c
(quar.)
.
12-15
AVaH:
1
(quar.)—
Corp.
1
12-
,
11-15
12-1
834c
prior preferred
6% preferred (quar.)..,,7% 1st preferred (quarterly)
1% ' 2nd preferred (quarterly)
,
Howe Sound Co. (quar,)—_a,.—4_—-4,_
Howes
Class
Lincoln
45c
Common
...
11-15
450c
-
Liggett & Myers Tobacco, common (quar.)
<■
end)
—:4,_"
Houston Lighting & Power Co. (monthly)—
B
Class
4
-
Co. (N, Y.), 5
Houdaille-Hershey,
:
3
12-
25C
(quar.)
Co.
D.)
Company
12-10 v
40c
>;4:'
partic. preferred (quar.)—
a
•
11-
25c
(accum.)
11-30
$1.80 class A
(Henry),
1
12-15
common
Salt
11-17
(accum.)——
v Honolulu Plantation Co.—A,,,—,,:
Hooker Electrochemical, 6e/o pfd. (quar.)—
Common
(quar.) ..——,4-4,;4_,.A~-:_,r. —
Holt
12-
.
11-17
.
3
$14
—37VaC
—
Miller
'■
11-15
11-
$81%
11-18
12-
(monthly)'
1.V'
1;
12- 1
12-15
1- 1
12-15
$3
(s-a)vL-4-4^l-2,X---x4-:—l,;?",;
preferred
1- 3
preferred (extra)
•
•
7]/2c
& Hart, $1 prior preferred..—i—50c
Minneapolis Brewing (year-end )..4K——-Ix,
;' 35c
Minneapolis-Honeywell Regulator Co.—
11-15
1212-
(quay,)
Life Savers Corp. (quar.)—
12-
75c
Co., class A. (quar.)
Hobart Mfg.
12-15
(s-a)
12-15
12-15
12-15
12-15
41-30
12-11
8%
1-14
12- 4
2-
$30c
11-17
1
37 Vac
Hollinger Consolidated Gold Mines
8','e
12-17
1
12-15
$14
Libby-pwens-Ford Glass (year-end) -4——4'- •)'
Life & Casualty Insurance (Tenn.) (quar;V_-J
'4';: Stock dividend
12-1
■■■
!':4V: 1
420c
,
■
-
Levy Brothers: Co., Ltd. (interim)—
Lexington Water, 74*. preferred (quar.)
1-18
1-28
15c'
Oil Co.
(interim)
conv.
G.j
(R.
Leslie
30c
4
"(quar.)—
Co.
(IL
Leighton
25c
(Charles EH
Co.,
$2,50 preferred
Lee
;t25c
(Canada) (quar.)—r._
Hines (Edward) Lumber Co.—
Midwest
11-15
1- 3
1- 3
1- 3
.
$2 coiw^^ pref.:v(accum;)l: V '4:25c11
Oil Corp.,
9
;
;4 50c-
Lehigh Portland Cement Co., 44> pfd.
12-14
12-24
Midland
11-
(quar.)
preferred
conv.
&
LeRoi
Hinde & Dauch Paper
Hires
Tourneau
Le
11-18
15c
11-19
50c
(qtuir,)--_-„;4
J '.
5 4 pfd. (quar.)
preferred
74
Bryant Inc.
Leath
11-18
.12-
3 lev
11-19 •
$l3i
preferred
Lanston Monotype Machine.,---.
Lawyers Title Insurance (Va.)—
6%
preferred
(s-a)—.
11-19
32c
——'.i—a)
Hibbard Spencer Bartlett & Co. (monthly)—
-
12-14
;
Corg—Si
•
30c
Petroleum
Middle West Corp. (irregular)——;
Midland Grocery Co., 6'4 preferred is-ai—-
i
$14
(quar. )_.„L
Machine.
Langleys, Ltd., 74
11-19
$1
A'/b
11-26
12-14 I
Lane-Wells Co.',——
11-26
12-
11-26
12-10
11-20
,11-25
12- 1
12-1
1
12-11
,.z—•:
Mid-Continent
12-10,
■
12- 1
$lVii»
5c
Extra
' ,12-18
1
12-1
.
Co.-~~__-4-4_-r;-;C_--
&
11-20
1
r:
(quar.)
Ltd.
Mines
preferred
Lane
,
11-26
.
20c
Motor Parts (quar.)-4
&u,
Chemical Corp., co!nnion,ii.-„i,^-, :
preferred A (quar.)
4 Hey wood-Wakefield,'' 57 pfd, B (quar,.)-^^:
5l/f> preferred
(accum.)
(payment clears
Hein-Werner
74
11-10
3.2-
Shore
Landis
1
12-
75c
1-
"
12-17*
3
25c
:35c,'
Heyden
Lalce
11-23
1-
$1.25
Co——
Heilemau (G.) Brewing (increased)——4,-4.,
~
12-20
1-
2nd preferred
74
•/
11-30.': 11-15
15C
Kuppenheimer '•{B.)
-11-22
37Vac
Mining
.-v"
11-22
12-
special preferred
-
11-20;
1
12-11
11-20
12-10
$1)4
Michigan Public Service Co., coim, (quar.) —.
25c
6e/o preferred (quarterly)-——,-.——— '
$1.50
6(,y junior preferred (quarterly)----—4—:
$1.50
6Yo
preferred series 1940 (quarterly)——
$1.50
b7c/c preferred' (quarterly)-—4—-—I.-—$1.75
Mickelberry's Food Products (s-a),—10c
12-14
12-
.
40c
(quar.)—
'
Kroger Grocery & Baking, common (quar..i_
64 1st preferred (quar.)J4.'Jl_-_v.^4^T^ii.:
6
$134.
$7 conv.
arrears)
1-
64
11-15
1
12-15
$4"
S4 prior pfd.; (accum.) ~
pfd. (accum.) —
preferred (qtiar.) „,4, -i_,4^4,,.,*
Haverty Furniture, SI Viz preferred (quarjsX
Hayes Industries, Inc. < irregular.)
—,
Hazel-Atlas Glass Co. (quar.)—
Hazeltine Corp.
(year-end)
—-4^.—.
Hathaway Bakeries, $7 conv,
■■
12-
$1V8
Hartman Tobacco,
,!
1-20
$1)2
preferred
iqiinr.)„_-.—_—-—
Harshaw Chemical, 4Va.tr. conv. pfd. (quar.)
6(4
(S. H.) & Co., common-.-;
—————25c
4:
Meyer (H. St.)
12-30
12-10
;
20C
Kress
Motor Car Co.-
11-20
12-1
12-10
12-22
12-10
12-
12- 1
12- 1
$1.75
,11-26
12-24
$1
S.)
12-15
(quar.)—.,——.4,
Packing, 6V^V^ pfd. (quar.) 1.Michigan Consolidated Gas,die pi'd. (qhar.),'
12-15
1
•4 $14
25c
1'
12-4
:
all
(S.
Kresge
12-20
(quar.)
Harbison-Walker
$1%
—
areferre'd
1-2
25C
10c
(qiuir,)^,---^-.-
;
;
11-20
11-20
12- 1
.
—„
12-6
10 c
Payable
Share
;
Meteor
.
1-15-44'
,2C
25c
preferred (quar.)_„
Company (irregular)
Koppers Co., 64 preferred (quar.)__-.-_...._-
11-12
•
;
$3V4 partic. preferred
;!
Holders
of Rec,
wnen
rcr
>'
,
12-10
12-23
20C
•
common
'$1.12%'■ •1-3
32- 1
50c
.
Hecla
12-1
25C
12-10
50c
$14
Koering
10-30
»
12-1
1-3
,
,
,
74
11-10
1
12-10
$2
(quar.)„„^
Stores,
11-29
-
of Company
Textile
Corp., common,—,
'
.10c
(quar.)—
„
8IVV1C
Participating ——10c
Metal •& Thermit Corp., common (quar.)
35c
11-30
12-15
hume
Metal
11-26
42-30
,
25c.
\
(quar.)
Emil)
(D.
Kobacher
12-10
:48c
30c
preferred (quar.)
Klein
6
12-
12-20
12-1
$1)4
,
Paper,
Hancock Oil (Co., class A
,
12-6
12-
J22VaC
preferred
Class B
11-20
12-20
4.
.;
(year-end)„
King-Seeley Corp, (irregular):
Kingsburg Cotton Oil, commonKingston Products (year-end.i
11-15
1
25c
:
Watch,. 6 4
4
12-1
12-
$5c
4-
— -*~*I
6 4
11-12
$1
of Rec
$1
.(interim)
4;'
Holders
Payable
;
11-12
1„
When
share
.
(quar.)
11-16
12-
25c
Gold Mines
Kimberly-Clark
12-17
12-
.
Co., Ltd.
preferred (quar.i-,4,:
common (quar.
Cotton
HammermiU
2-14
12-31
,
25C
L
Hamilton
Kilburn Mills
v
,
(year-end)
County Land Co.
Keystone Steel and Wire Co.
•
50C
Hallnor Mines, Ltd. (reduced)-,
Hamilton
1
$1.50
(W."f~V Printing
Hall
1
3-
12-1
75c
(quar.)
Stores
....
12-20
3
12-
34^80
common
preferred
1-'
'
;
Monday, November 29, 1943
4
$2
$2.50
'5
12- 1
32-10
11-
12-15
12-
12-23
12-15
3240
12-10
11-27
11 -30
3
1145.
11-26
11-22
-
1 sli. of Pacific Gas
each 100 shs. held
\
•
approval of the.SEC 1
6<b
preferred (quar.)—
5%/X preferred (quar.)—;
75c
■
717«c
1- 3
1- 3
12-
1-3
12-10
3
12-10
$6
1st
Per
of Rec.
12-
12-10
'
North
1-
1
12-22
1-
1
12-22
12-22
12-14
12-22
12-14
'
.12-10
12-
2
$1
12-10
12-
3
25c
12-10
11-23
1
11M5
'
preferred
Northwestern
12-31
Preston
1-25
12-31
Procter & Gamble Co.,
Norwich Phfirmacal Co'i__
Scotia -Light
Nova
Nu-Enamel
7(e>'
& Power,
Corp.
< quar,)
pfd. (quarO—_"-v
i$iD
Common
12-30
10-29
12-15
$6
11-
1-
1
■-12-15
12-20
11-23
11-23
1-
1
11-10
1-
1
11-10
12-
1
11-15
Real Estate Loan
20c
(irreg.)____„_
'
$15c
"
preferred ( quar.')-^;'.'' f$1.25
v
: $1D '
$5 preferred (accum.)
25c
Paauhau-Sugar Plantations'Co: < lrreg.
50c
Pacific & Atlantic Telegraph Co. (s-a)_A~
5'F
Oxford Paper,
50c
*
Pictures,
Inc.
vtc.
Parker Pen Co,
Parker
(irreg.
12-29
1
12-
1
11-15
12-
1
11-26
12-
37 Dc
common,:;
"3dc"
•
1
11-26
12-
12-20
30c
1
12-
1
$1.37 D
12-
1
11-20
12-
3
II-12
■j,
415c
—
Penn
Co.,
class A
Pennsylvan
11-23
•S3
12-10
1-
Robertson
Robbins
1-1-44
2-15-44
12-
12-15
30 c
12-
1
11-27
11-29
12-
1
11-15
12-20
12- ,1
Spencer Kellogg
1
12-10
Spiegel,
1-
1
12-10
Staley
12-
1
11-20
Stock dividend
Machine & Gear,
Perkins
Pet
D!—
-----
Milk Co., common
7Co pfd.
tquar.)
50c
12-15
11-
1
11-1 r.
Inc.
Paul
Petroleum
Exploration
(Charles)
Pfeiffer
6',p
preferred
12-20
11-19
12-
12-21
Class
St.
1
12-11
-
Quarterly
12-15
12-
8 Co.
12-
11-22-
12-
6
6
.
1
Philco- Corp.
11-8
12-10:
12-10
Schiff
12-1
1-3
SID
•
Plllsbury Flour
Pickle
Mills
Crow Gold Mines
12-1
12-31
25c
12-31
11-20
S4
SI
12-
1
20c
12-
1
12-
1
11-11*
1-10
S2I2
20c-
12-13
50c
12-
1-
$1.75
12-
1
12-
•
'
Co.;
12-31
'
10c
11-19
'
'
11-29
12-
1
25c
12-20
12-
1
11-10
12-
1-
1
:.si
S1V4
25c
6
Pittsburgh,Youngstown & Ashtabula;—
7<r preferred (quar.)
—
Placer Development. Ltd. (interim)—-——
Pleasant Valley Wine (year-end),
10-14
12-1
:;.
11-15
accum.)
1-
1
21c
12-
1
11-.
$134
1
Oil
Co
_—
Pollack Paper Box Co.. 7M
pfd. (quar.)
Poor & Co., SI1,3 class-A pref; (quar.)——
$1':2 class A preference—— ••
(This payment clears all arrears)
6'o
1
11-30
11-10
Stone
12-15
11-15
Storkline
15c
12-15
12-
12-
11-26
12-15
12-
12-15
75c
12-15
12-
&
Ltd.,
(quar.)
common
1
Corp.
Furniture
6D'.'o
preferred
Class
A
Oil
(quar,)
Oil
A.)
'
12-10
11-23
12-1
12-15
1-
3
1-
4
12-10
12-
1
S2D
11-19
Sl34
12-10
11-23
10c
12-21
11-26
12-
11-
Sherwin-Williams
11-19
$5.50
1
,
Swan-Finch Oil, 6D
Swift & Co. (quar.)
Swift International Co., Ltd. dep. rets,
12-
1
11-15
Silex
$l3i
25c
12-1
Simms
12-
1
1
12-23
12-
'4
12-23
12-
4
Sylvanite Gold Mines
11-24
12-
3
-
Saw
1
11-10
$25c
1-15
12-27
Tampax-,
12-23
12-15
Taylor
12-23
12-15
Technicolor,
25c
12-15
12-
1
2
12-10
12-15
S2
1-
3
1-
3
12-10
SID
1'- 3
Sixth &
Bway Co., partic.
Skelly Oil Co.
1-
Haute
Terre
10c
12-15
25C
12-22
11-29
Skol Co..
$134
12-15
12-15
Smith Alsop
37 Dc
12-
1
11-15
$1
12-
1
11-15
ICo
$6 preferred
preferred
/Solar Aircraft, Co.i__"_l___
Sonotone
Corp.
—
45c
12-13
11-29
2-
1
1-20*
2-
1
1-20*
11-19
12-
1
11-15
75C
12-10
Texas
shares
—
11-15
12-
12-
1
11-
1
12-
1
11-
1
11-30
1-A.
12-15
1-1
12-15
12- 6
11-26
12-15
11-24
11-26
12-10
12-
$1.45
12-15
11-26
pfd.
7'V
12-14
11-23
12-
11-19
SID
(quar.)
Texon
Tilo
—)
,
Roofing,
int.
Tivoli
Roller
Brewing
St. Louis
1.2-10
11-30
50c
12-
8
6
10c
12-15
11-26
12-15
11-26
12-10
12-
3
12-
4
11-19
25C
—
11-30
11-20
12-10
11-20
11-20
11-20
12-
1
11-20
25c
12-
1
11-15
25c
1.2-
1
11-15
pfd, ,(quar.)4-
$66c
12-
7
1st preferred (quar.)—
& Williams Steel Forging
SID
12^
1
preferred
—
—4-
Class B
—
Toronto Elevators. Ltd., SV+D
Company,
$6
50c
Co
——
12-10
25c
—
1.2-
3
11-25
11-23
.
11-20
11-26
7(4
preferred
preferred
12-10
$1.75
12-12
12-1
20c
12-10
11-30
SID
12-15
12-
20c
12-15
12-
12-15
12-
4
12-15
12-
4
11-30
11-
9
(quar.)^——_——
—
■
;
SID-'
(quar.)—4—
Triumph Explosives, Inc. (irregular)—
Tubize Rayon Corp., new (initial quar:)—.
,7'4
$4
20C
Insurance
& Greenbush RR.
Troy
11-29
12-10
11-12
58 Dc
preferred
7:4
11-12
25c
1
30c
tirreg.)
(s-a)—,—
Truax-Traer Coal, common
4—
5DCo preferred (quar.)„—
Trion Company, common (quar.)
11-15
12-
35c
(monthly)——i
(monthly)-4-4—,——Todd-Johnson Dry Docks, class A.._4—
6r4
11-19
1
15c
50c
12-15
12-
11-24
;
1
12-22
1-17
12-
1
—
12-10
11-20
1
12-
SI
I
Travelers
1
2-
11-13
1
Transwestern Oil
12-
11-13
11-26
1
12-15
1
6
12-
12-15
12-
6
12-
1
11-27
1212-
12-10
50c
1
12-11
11-10
41DC
1-
12-21
1
12*27
—
Co. (irregular)
5(4 preferred (monthly)
1-
1
12-
10c
Bearing—
Transue
12-
11-10
S2D
end)
(year
Toledo Edison,
Trane
12-21
1
1
S1'5
—
preferred (quar.)
common
convertible
Inc.
11-10
1-
1
12-
12-
15c
4—
($100 par)
(year-end).
Insurance Corp. of
Title
;
12-
12-15
SID
$1.40
Time,
11-24
3 0c
Cquar.),
12-15
10c
„
12~
Oil
Thermatomic Carbon, $5 preferred (s-a)
Tide Water Associated Oil Co. (quar.)
12-15
S3
1
1
50c
(quarterly)
Water, S6 prior preferred (quar,)— •
Oil & Land
.4
•_
Texas
25c
SID
(quar.)
IOC
:
11-24
4
4
25c
1-
1
12-17
SID
;
1-
1
12-17
11-24
11-23
60c
12-15
$$3
12-15
11-20
tlDc
12-15
11-12
1
11-15
above
The
company
was
formerly known
Tubize Cliatillon Corp.
as
Twentieth Century Fox Film Corp.—
Common
(quar.)
—
preferred
SID
12-
1
11-15
87 Dc
12-
1
11-20
208
50c
75c
12-
12-15
11-
9
$1.50
Union
10c
12-15
11-30
5C
12-23
12-1
conv.
United
12-
12-15
12-
1
12-15
12-
1
75c
12-24
12-14
SI
12-'8
11-29*
La Salle Street Corp.
Aircraft Corp., 5(4
1
75c
Tank Car Co
South
12-15
SID
37 Dc
SI
(year-end)
prior preferred
$4.50
(quar.)
Twin Disc Clutch (quar.)—
Underwood Elliott Fisher Co. (year-end)
-
—
11-30
12-15
SI
Timken
62c
$3.35
:—
11-10*
12-10
50c
:
11-12
SID
12-15
12-15
11-29
10c
($1 par):
Texas & Pacific Rwy.
11-12
12-10
12-15
1
1-
Pacific Land Trust—
11-30
SI
12-17
12-27
2-
68Dc
——
&
12-15
*3C
—
12-15
1
12-27
20c
Pacific, Coal
Texas
50c
$2
(quar.J—
12-30
10c
25c
Certificates prof.
5c
(accum.)
12-15
10c
Water Works,
Sub.
...
Paint &,Varnish Co.—
11-15
12-30
SID
4
Gulf Sulphur Co.
11-30
1
9
1-45
50c
25c
Products
11-30
*
(irreg.)——
■
(year end)
(year-end.) ——_4—
$1%
:
12-
12-20
0
50c
Inc.
12-10
SID
1
12-
43C
:
common
Milling-
3
25c
ctfs.
12-20
—
12-15
30c
—
12-
11-15
35c
(quar.):
Inc., common (quar.)
12-15
10c
-—
1
1
12-10
12-15
11-15
1-
12-10
1
1
12-
12-
Tennessee Corp.
12-14
11-20
'25c
Telephone Bond & Share—
'■Tm 1st preferred (accum.
12-31
-
Simpson's Ltd.,* 6DD- preferred (accum.)
Gold,Mines (quar.)^—
11-27
50c
end)
Inc.
S3
*
(year-end
:
(liquidating)
& Steel Co.-.Ml—
11-27
32-15
30c
partic, preferred (quar.)-
5'1>D
22C
1
12-20
12-15
37 Dc
(quar.)
(quar.)
James)
1
SID
1-
11-26
11-20
10c
11-26
UOc
Siscoe
.
(year
preferred
12-10
SID
11-26
12-15
12-13
10c
5D
Talcott
*20c
(year-end)—
Co.
A
Class
12-23
12-
12-15
25c
preferred (quar.)———
*Tacony-Palmyra Bridge,
3
75c
.
11-15
25c
1
12 Dc
„
1
11-15
12-
'
(interim)
Petroleum Co.
Simonds
11-20
12-15
Co.-
Simmons
9
Co.—
12-
Sylvania Electric Products—
50c
preferred, AAA/'( quar.)
•.5Co
11-15
120c
————
GOC
12-10
1
5c
11-15
—
Mfg.,:, 'Co..,:
_/
".
t
Shepard-Niles Crane & Hoist (year-end 1
Sherritt Gordon Mines (interim)
11-15
12-
30c
11-30
SI
"•.. Sheller
1
I—;
Mining (quar.)
Sutherland Paper
SID
11-19*
12-27v
12-
10c
11-13
4
^
11-10
50c
50c
1
.41,'
Co.'.(quar.)—
12-10
1
——r_A—;
12-
(quar.
^'Shattuck/'(Franlc G.)
12-10
1
(quar.)——
12-15
—
;0:%vdony/;ptefel?^£!ji /(s-a)2'_^
Dolime/ Inc.lM/ii.2
1
112-
Co.—
(qtiar.)
25c
Sharp ,<fc:
1-
SID
— —
partic: preferred
Co.
1
SID
_
12-1
SID
—
11-18
Sunray Oil Corp.
SID
GasLCo., comhron_:
11-29
11-13
j.^_
(yeai/:eiicl
12-
11-18
$1D
(accum,).;
_i
11-20,
12-
11-10
12-15
11-29
S.1.62D
pfd.
50c
:
Candy Shops
1
12 Dc
1
?'■'
(quar.)
12-
11-15*
75c
Clothier, 5D
&
Stuart (D.
Texas
(quar.)
25c
(quar.)—
1
12-10
12-20
1
11-15
12-10
2
12-20
1- 3
12-
Stromberg-carlson Telephone Mfg. Co., com—
12-10
10c
1- 3
75c
75c
/
(s-a)—
12-
(quar.)
common
12-17
+
—
(quar.)
—_1!
prior preferred (quar.)
6Co
.
_2
12-
12-31
115c
—
—
12-
SID
11-18
12-15
SID
8c
'S3
11-30
60c
(quar.)„—
Inc.
pieferred
$5
4
12-20
50c
,11-30
1
12-
.
Webster, Inc.—
Stvawbridge
1
•Sua
'
12-31
12-15
12 Dc
11-29
1-
1-15
12-15
,
50c
—
4
10c
(quar.)
-
50c
-
~
preferred (quar.I—
Stewart-Warner
25c
6
Co.'
Brothers,
conv.
Sterling Drug,
25c
class A (quaf.)
Sijaihyqqk QiX
■?, ■*
11-15
12-
12-15
75c
.
Stedman
12-10
—
C)Vo' preferred :(sfa.)
,
'
Plymouth
1
SI.25
—
—
Association—
:Seiwel.; Inc.-. Cqtiar:)-'--—A2:
11-15
'
.
SID
(Laura)
Serrick /Corp.,
,
'preferred''(s-a--if——1'™---^-^,,. "*"'$1.501
"7'K preferred (quar.)..—.—
$1 preferred, :(quar.)-:———
,—
Pittsburgh & Lake Erie -RR. (irregular) —.
Pittsburgh Plate Glass Co.'(year-end,)——
Pittsburgh Screw & Bolt
1
Pittsburgh Steel Co.,
prior pfd. (accum.)
(quar.)
—
87 V2C
12-10
SID
50c
—4'^
'
SID
82
(Ohio), 5Co pfd,
(inqrea.scd)
Tecumseh
(quar. )
.Selby Shoe Co'.
.
11-29
12~. 1
/SI
'
Common
10c
'15c ;
'
11-15
—
12-14
Standard Oil Co.
$1
Seiberling Rubber,- 5D 'class, A pfd. iquar.)_
$2 D. prior" prefer red (qtiar.}
'•
!
•"
II-15
12-15
held)
12-10
Socman Brothers,. Inc.~ —;
'11-30
12-13
.
4 2D Co
G'.'q
Pittsburgh1 Brewing:' $3 \:i prefer red' (accum;),'
Pittsburgh Coke & Iron, $5 conV; pfd. (quar.)'
Pittsburgh Fbrgings Co.—
Pittsburgh Fort Wayne & Chicago Ry.~
Common (quar,)
—
—-
shs.
10
Quarterly
i
—
;
Stecher-Traung Lithograph Corp.—
3% preferred (quar.)4
Ltd;,; 5Co '.partic. preference——
Secord
11-27
1
.
"
each
11-19
preferred tdccum.)^
Canadian ( International Investment
Second
,
:ll-;5
12-31
f5c
Corp.'(Lbs Angele$T_v_-:_-_
Piper Aircraft, (JOc conv, :p£d.v( ,qitar.)_—---. .
Pittsburgh Bessembr & Lake Erie RR.^.'1;
'
for
12-15
Gas,''$'5'1st
Seattle
———
shares' (Interim)_„'—
Gas
SID
11-11*
•$1D
Paper, Co.;
preferred
Sears;. Roebuck
'
..
Ordinary
11-15
12-15
.
(1 sh. Consolidated Natural
Standard Wholesale Phosphate & Acid Works
—
preferred:':.(qua r,)
*
11-15
Pioneer Securities
12-15
(s-a)—
11-19
Seranton Lace Co; .(year eiid)
Scullin Steel Co. —/
'
12-
Pilgrim - Exploration ' ^^-,-^--^-^---4------ !•
Pirich'm,' Johnson fis Co., Ltd.— ;
•' ' *'•
>
50c
Jersey)
62 Dc
(quar.i__;
common
S4D' preferred,
11-30
4
Scott
>■■■«
'
11410
1-
SID
:(Ihteri'raf--.-—-~—
12-15
Stock dividend
Company—
Power Co.—
debenture D
Co.,
5DD
^
12-1
3
30C
SID
Phillips. Petroleum 'Co. (quar.)ii__—
Phoenix Hosiery Co., I'M pfd.; (accum. )-i:_
i
12-21
(New
12-15
11-25
'25c
—r—
11-15
Co.
30c
—
-——
1
Oil
15c
(irregular)
debenture; A
6DD
11-20
1
Electric &
'7Co (debenture C
11-22
12-
SI
preferred (quar.)
Philadelphia & Trenton RR. (quar.)——
11-15
Standard Stoker
—-
(quar.)_
% debenture B i-quar;
4
12-
40c
(i''h
11-15
11-15
12-15
11-30
•
Philadelphia Suburban Water, common——
12-
Standard
12-15
37 Dc
12-15
12-
;
12-15
12-15
12-15
(s-a)__-__„-_-
To preferred
Remedial Loan
Francisco
Savannah
..
4
25c
Philadelphia Suburban Transportation---—-
65c
25c
(year-end)
(Indiana)
$$3.25
11-20
1-
...
•;
11-20
(quar.)——
California
Co.
11-15
1
11-19
(quar.)
Regis Paper,
San
1
12-10
1
1
12-
J 50c
(s-a)
B
12-
12-
12-15
1st preferred (s-a)— 1
Class
and
A
12-15
40c
11-19
ts-a)
Service
Louis Public
St.
12-10
1
11-25
40c
.Sunshine
St. Louis Bridge,
12-
II-23
11-25
12-15
—
12-15
h-/
6D
12- 4
12-15
$1.12 Va
-
37 Dc
Co. •'
preferred
1
(quar.)
(quar.)
$1.60 pfd.
12-21
(accum.)
12-30
SID
Phelps^ Dodge Corp
Philadelphia .Bouive (year-end)——--—v—i
Philadelphia Co., $5 preferred (quar;)—
SO preferred(quar.
Philadelphia Electric Co., .common (quar.) —
* SL
preference commbn (quar.)—--—•a,—
Philadelphia German town & Norristown RR.—•
(quar.)
12-15
(quar,)—
11-19
25c
-
3
J SID
11-30
50C
(quar.)—:—-
1-
'
1
35c
Brewing
Oil of
Standard Oil
2
37 DC
12-20
'■■■■
25c
Pfaudler Co.,
Standard
12-15
$4,50 preferred
SI
1
2nd
12-10
——
30c
St.
3Co
12-10
12-20
55c
37 DC
St.
12-10
12-20
62 Vac
(quar.)
30c
12-
$1.06 D
& Co.-—
11-18
1-
'
25c
Pfizer
Dredging Corp.,
'
—
Co.. (quar.—
Standard
12-9
12 Dc
Safety Car Heating & Lighting ..(quar.
11-10
12-
50c
50C
12-
1,
12-29
25C
(quar,)
(quar.)—-
Standard Cap & Seal, $1.60 pfd.
11-16
40C
Croix Paper Co., 6D preferred (s-a)„„^_
Joseph Lead
'
—
St. Joseph Water, 6D pfd. (quar.)—.—
St. Lawrence Corp., 4D conv. pfd.-A (accum.)
12-
11-20
12-15
'
1
11-30
11-23
12-10
25c
(Detroit)
J1-30
$1
11-20
12-15
1
SID
11-19
$1D
1
12-
12-13
11-23
12-
SID
(quar.)—b
1
5c
12-
11-23
1
(year end)—
common
1
m
———'—.
Ryan Consolidated Petroleum
$134
4")preferred (quar.)—
Peter
Mfg.,
1
12-
v
convertible preferred (quar.)_„;—
$2 '/a
11-30
11-24
12-
25c
(quarterly)-—
common
11-29
/
4
50c
(quar,)
12-15
12-
12-
•
—
(A. E. >
pfd.
conv.
12-
'11-12
Rustless Iron & Steel,
11-15
II-29
1 Co
$4D
15c
31 Dc
;•
Inc.,
—
1
Mfg.
12-
•
12-*
Russell
12-15
$l3a
••
Standard Accident Insuf.
'•/SID
Royalite Oil Co., Ltd.
11-30
12-10
I-12
11-30
813a
.
Standard Brands (initial quar.)—
Extra '
.
,
1-14
12-10
$l3a
& Sons
11-30
11-12
Roxy Theatre, Inc., $1.50 pfd.
1
SID
;
11-1
1
Roxborough Co.—
32c convertible partic. preferred
11-16
12-22
$2
11-30
50c
..J—
„
12-29
——.
12-15
12-
_
12-
$2D
(quar.).i—
II-30
SID
(quar.)
11-15
12-15
-
(accum.)
preferred
preferred
$5
pfd. E (quar.)
preferred
11-26*
200
35c
(quar.)_
12-15
.
/
2nd
S5.50
1-
&
Brothers
11-29*
12-1.0
12-15
-
Mills (quar.)
—Spent"& Co., $5.50 1st preferred
$5.50 2nd preferred—--—
11-20
-
12-22
Spartan
11-29
12-15
1
6','c
11-20
12-10
Pennsylvania Electric Co.—$1.10
4.40Co preferred class B (initial)—.———
$1.27 D
5.10(4 prefeired class A l quar.
$1D
Pennsylvania RR. (year-end)
SI D
Pennsylvania Salt Mfg.. common iirreg.I —
$ 13 4
Pennsylvania State Water, $7 pfd, (quaT.)__
25c.
Peoples Drug Stores (irregular)—
SI
Peoples Telephone Corp.. 4DD pfd. (irreg.)
$1D
Peoples Water & Gas, $6 preferred, (quar.) —
50c
Pepsi-Cola Co.
—_A——-v--■- '
1-15
12-15
12-
Roos
1
50c
$1
SI
50c
$1.25
.
37 Dc
2-5-44
Bankshares & Securit.es Corp.
a
11-29
SI
Rolland Paper Co. Ltd.—
12-15
35c
12-13
(accum.)
(Dallas) —
—
'.6','r, preferred D (quar.)_.!_—A-lil-l-—
50c
25c
$2.50 preferred
(accum.i—-----——w—
Pennsylvania-Central Airlines Corp.—SI.25 conv. preferred (quar.)——
Pensylvania-Dixie Cement Corp—
57 cOnv, preferred series A (accum.)
12-31
—
Co....——
(H. H,)
12-24
IOC
Quarterly
Soverign Investors
Sparks-Withington Co.—
G'o convertible preferred
—4—
Corp.; (irreg.)
Rochester Gas & Electric, 5%
12-20
12-14, '•'11-1
75c
——
11-29
Co.
25c
Myers, SIV2 pgrtic, pfd. (accum.)
Rochester Button, SID conv. pfd. (quar.)—
2
1
12-31
S3
——
11-15
12 Dc
-
11-
1-10
SID
Steel
12-10
Jlc
s
tquar.)—
(resumed)
Corp.
11-30
1
12-
25c
(Vo
Electric Switch
Common
Penn road
12-15
fSlD
preferred (accum.) —
Pea.slee-Gaulbevt, 6(4 preferred.
— -Peerless Casualty, 6(4 preferred .(s-a:);— a,W
Penick & Ford, Ltd.——^---MMPeniusular Telephone, common (quar.)-—>1..
$1.40 cumulative class A (quar.)———_
Peaboqy Coal,
11-30
12-15
4$1
Mfg. Co., common (quar.)
—
T'r
preferred (quar.)-———
Patterson-Sargent Co. —MM.• -Xi—:
Paymaster Consolidated Mines, Ltd. ( interim)
Pa ton
-'11-15
12-15
Reymer
11-20
—
'
Insurance
25c
6D preferred A tquar.)
& Brothers (irregular).
Reynolds Spring;C0._„4_:___..—
Rheem Mfg. Co. (quar.)_—
—_
:. Riley Stoker
Risdon Mfg.) common (year-end)_j.
River Raisin Paper• (irregular)
;
11-20
12-
25C
Life
A
50c
Republic Steel Co'rp.4^ common.a-------—r6'4 Conv. prior preferred (quar.).4—-1—
,
3
25C
pfd.
Gas, $6
12-15
1_—
Motors, Inc. 'lyear-endK—
Reo
12-20
(increased)—.,—
.12-31
.
Electric' &-Engineering-.--
Reliance
~
'
Parkorsburg Rig & Reel, common.— ---——
Common (year-end)
——_
$5* a preferred i quar. )„,,•_—;_C——_M—
Pato Consol. Gold Dredging. Ltd (interim)
Southwestern
11-15
12r
I-20
1-15
50c
preferred
SID
Grain,<6D'Cr preferred (accum.)._
Reliance insurance, Co. (Phila.)
(s-a)—
•
Co.,
12-15
10c
Reliance
12-10
40c
7'1 preferred ts-a)
Parker-Wolverine Co.
1-14
non-ctuh.
Reliance
11-19
12-20
•; $2
•
Natural
12-15
2
40c
(quar.
Proof
Rust
1-
f5c
...
—
■
■
'
(increased, quar.)
Southwest
11-15
2-15
Natural Gas
30c
11-22
11-15
20c
tSID
30c
I
12-
II-29
tSl'4
partic.
Southern
SID
preferred (quar.)
Reliable Stores, common (quarterly
5(1/ ^'Convertible preferred )quarterly)x—.
11-20
1
12-10
40c
'
Park-Wilshire,
',12-
SID
;:
(quar.
Page-Hersey Tubes (quar.D__'—
Pamour Porcupine Mines (interim)___;
6'1>
11-15
•
$1.60
11-20
preferred (quar.)— t,——:
v
Canada Power, common (quar.)--
6Co
SID
(Canadat. (s-a)
Regent Knitting Mills, Ltd.—-
1
12-3
12-21
40c
Mfg.
Paramount
12-
.11-20
11-30
1
12-15
Realty Mortgage (Birmingham, Ala.)—
Non-cumulative preferred
12-15
11-30
Southern
.
11-24
3
'
•
end
Pacolet
1
6
12-15
50c
Package 'Machinery (quar.
■i •-■•.'Yea r
■>'
I-
^
(quar.
Pacific Western Oil (irreg.
;
12-
"
Mills'
Pacific
:
11-20
12-
SI
12-20
'••
I-15
11-20
11-30
11-30
37 Dc
50c
35c
1
1-15
2-15
12-15
12-10
50c
SID
Royalty Co.
-75c
2-15
11-15
25C
—
Southland
$1.35
2-15
'
1
SID
SID
11-
1
2-15
1
12-
SID
...—-
12-
—
11-15
(year-end)
1
31 Dc
$2
12-
l. 12-
:j:25c
f$l34
11-15
3-
pfd. (quar.)
California' Tvaier, 5Co
SID
12-10
•
11-15
1
3-1
37 Dc
—
50c
tGVo preferred'(quar.')!:—a———
,«5r/o<preferred "(quai%) U-v-,
.—
PufblatOr 'Products,! Inc..;.^_.^.h_—i„L-—^
Pyrene Mfg, (year', end) A.!——
"
Quaker (Oats. Co., 6 Vo. preferred (quar.)____
Quaker State Dil Refining Corp,——
Randall; Co,,., class-R tqtiiar;).
J
Raybestos-Manhattan, (irregular)
Rayonier, Inc.J (reduced)
^ ,•
Reading Co.,A'.v non-cum. 1st pfcl. (quar.)..'
12-8
1
12-
SID
'
Bog & Paper, common
preferred (quar.)
6D preferred (quar.
7 Vo preferred - (quar. 1
12-15
SID
Corp.;(year-end I
Oil Co.," common
Pure
12-8
12-21
$$3
(quar.)'
preferred B
11-29
...
Purity Bakeries
12-
37 DC
Edison-r-
11-15
,; Year-end,;
11-17
12-21
••
California
1
I'M preferred (quar.')...u...—
Puget Sound PoWer & Light, S5 pfd. (quar.)
Pullman,. Inc.' (quar.)4___—.
11-30.:
1
12-15
$1D
12-31
——
1
3
a.
50c
AC-i—...
preferred: (duar: 1
11-15
1-
37 Dc
(quar.)
:
(year-end)—-.
Southern Pacific Cq. (year-end)
Southern Pipe lane Co. (year-end)—.
Southern Railway Co., 5Co nourcum. pfd
8'^ preefgred,(quar.'>4^_.-.:—ul_-.
-
12-
!
(quar.)
SID
—:
T'Public Service Elec.-&;vGas,.S5 pfd. (quar.).
11-10
10c
< quar.
Ottawa Light Heat& Power Co., com. (quar.)"
,.
■(;rM;'preferred ((monthly )c~:—
11-30
12-15
preferred
$2 conv.
1
12-
11-15
1212-
$1.50
preferred
11-18
SID
9
$1D
Orpheum Building Coh
Elevator, common
12-
12-
*•*'
$13 4
Inc.,- cominon___-^„—
Otis
12-15
41%C
;
preferred (monthly)
7D-< preferred, (quar.) .'.l——
11-13
12-1
$1D
2nd
6%
'pfeferred :A.('quarJ
—....
of New. Jersey—
11-13
12-15"
$1.75
Ontario
<
50c
1
12-
11-30
SID
■"
Southern Advance
11-15
•
"si;
1
11-24
$1D
—
6 Vo
12-15
r
$lla
Steel -Products':(quar.'
preferred (quar,)„
_/
12-15
1
11-30
S1V4
()'«
*7(1'
12-10
12-
11-26
25c
preferred • -(-quar.
Ontario & Quebec Ry,'
1
1-15
12-15
25c
.
1
25c
',
1-
t5c
$1D
11-20
•*" ' $5
11-20
75c
...
12-15
12 Dc
Southern
1.
5Vo
11-20
1
15c
(quar.)
25c
11-10
Ohio Power, 4 DD
Omar,
12-10
Public Service,.Corp.
3
■
1
12-15
>; 11-29
—
preferred (quar.i—_—1—
Ohio River Sand Co., 7(4 pfd. (accum.)-^__
Ohio Service Holding; < resumed)
Oklahoma Gas & Electric,: 6(4. pfd. (quar.)
T}
preferred
(quarV)_-u__r,_.-..-i-l----!_-;
Okonite Co., 6Co preferredV(quar.n^ii_—_•
1-
6D
12-
11-13
1-
S2D class A com. (accum.)
12-10
58 Vac
12-15
1
12-
(quar.)'
Ohio Confection,
Ohio Oil
3
$$1*4
(quar.).kajJik
I
11-20
'
112-
425c
pfd.
I-
Public Service Co;, of .Indiana, com. (quar.)..
11-19
1
12-
Co.
Extra
1
12-16
2c
'•
Ogilvie Flour Mills,N7Co
11-19
Common
Southern
preferred, (monthly)—.
preferredv (monthly)
.,7Vo, preferred (monthly).
•
Oceanic 'Oil
1
3
12-
1
7Dc
■
_
______
12-
(accum.)
6Vo
3
1-
.
70c
's Vo"
11-19
12-10
87 Dc
'
6',{> *pfd. (quar.)
12-
50C
11-19
12-
12-20
12-17
11-20
-
Norwalk Tire & Rubber,
12-20
1-15
20c
12-1
1
12-
:;i5c '
1-15
JS1D
:
pfd.
Of Rett.
25c
$1D
Stores, common
(quar.)
Manufacturing
Holdere
25c
t75c
—
Public Service Co; of Colorado¬
$1.50,
(s'-a)___-I_^—.'
Co.
Indemnity Co.
6D
Electric Light,
Public
When
Payable
preferred
(irregular),-.——
South Bend Lathe Works (irreg.).
;
South Carolina Power, Sti 1st pfd.'(quar.)
Southeastern Greyhound Lines, com. (quar.)
—
62 Vac
11-20
"
SID
11-15
5Co pfd. (quar.)
11-15
12-
$l3/4
1
I'm
Soss
6 Do
12-10
40c
12-
(quar.)_——_—
Mines
East Dome
Protective
(quar.)
Telegraph
i2c
Chain
Sontag
25c
1
12-
si.v)
'•
,
11-15
(quar.):
11-12
1-25
r
.
1
preferred, (quar.)
5Co. 2nd
12-15
.
preferred Iquar.)_i--_i:„
Northrop Aircraft, common iinitial)jl—
Northwestern Public Service, 7D pfd. (quar.)../
5'f
6',r
1st preferred
•5Vo
*20c
id:
12-
common——
; 5:12c
'—
'
(Wise.)--
Northern States,Power
Steel Car,
Pressed
r
,
12-31
I-15
$2"
*.
Ltd.-!
common.-.:
Power,
preferred (quar.)
6h
i
Ontario
12-
$1
11-15'
,
12-22
1
1
Per
share
Name of Company
11-24
12-
30c
5(2',«?.•
15 DC
(quar.D_
______
North River Insurance Co. (quarterlyD--..
Northeastern Water & Elec., $4 pfd. (quar.)_
Northern
1-
75c
—
11-30
$1.50
$1.37 D
preferred (quar,)
Powell RouVn Gold Mines.„_j.,—
Power Corp. of Canada—6D ' noh-cum. partic, preferred (quar.)
6[o 1st preferred (quar.)Preferred Accident Insurance (quar.)
Prentice-Hall,-, common (quar.)
Pennsylvania RR.
of Rec,
pfd. (quar.)
75c
tyear-ench—._
Northern Central Ry. (s-a)
Northern Empire Mines Co.
Power Cp., 6D
Potomac Electric
_
(quar.)
Holders
Payable
Portland & Ogdensburg RR., guaranteed..,^.
2
75c
preferred B (quar.)
Nprth, American Rayon, class A (year end) J'.
Class B (year end)
6'.v, prior preferred
of Company
$1 Vat
1st
North Central Texas Oil
Name
.
S1V2
preferred A (quar.)—
When
share
Holdere
.
75c
(irreg.)
North American Car Corp., common
56
When
Payable
Per
share
Name of Company
2159
CHRONICLE
THE COMMERCIAL & FINANCIAL
Number 4233
Volume 158
conv.
(quar.)
pfd. (quar.)
12-
1
50c
1-
3
12-18
SID
12-
1
11-15
SID
12-15
11-15
12-
1
THE COMMERCIAL & FINANCIAL CHRONICLE
2160
*
•
Name of Company
Class
Name of Company
0/ Re0.
Payable
sh are
'■
t40c
Corp., class A
B
11-30
11-15
Whitman
(Win.)
Co.,
*40c
Amusement
United
11-30
11-15
Whitaker
Paper,
common
7%
7%
Fastener
Fuel
(5%
class A
United
30C
12-10
11-30
Will
12-10
11-30
Williamsport, Water,
11-20
Wilsil.
Willson
:
>
12-
$3 '/2
11-
1
15 c
12-30
12-
581/3 C
12-
53c
12-
r
(quar.)_____-___-f.__
preferred (accum.)
12 y>c
common
11-15
11-15
12-
1
11-15
Winters
1-
3
12-15
7%
conv.
preferred
(quar.
18 %c
+> 53c
1-
3
12-15
7%
conv,
preferred
(quar.),
50c
1-
3
12-15
7%
conv,
preferred
(quar,),__*,
$1 V\
1-3-44
12-17
4-1-44
3-15-44
preferred (quar.)--'—-—a
% $I'/4
preferred (quar.)
$l'/4
preferred (quar.)
——50c
Common (quar.)
—,
7'/2%
United Molasses Co., ordinary (interim) —
$2 V2
United N. J. RR. & Canal (quar.)
$2.25
United Public Utilities Corp., $3 pfd. (accu.)
$2.06 V*
$3.75
preferred (accumulated)———
$7
U. S. Bobbin & Shuttle, 7% pfd. (accunv.)22 V2 c
U. £>. Casualty Co., 45c conv. pfd. (s-a)
U. 3. Cold Storage Corp.—
/>'..
50c
4!% partic. preferred (quarterly)—,
...
12-15
7%
(quar.)
common
12-10
Steel
Corp.,
common..—:
Michigan Power & Light—
preferred (quar.)
.'
Utica
12- 7
11-26
12-31
12-15
(quar.)
+
——
$5~V2
7%
Co.
—
end)
(year
Co.,
1
.__
_
Vanadium-Alloys Steel Co._:
Vapor Car Heating, 7% preferred
Victe Chemical
—,
Common
Yale
$1.25
1-15-44
1-
$1.25
4-15-44
$1.25
7-15-44
40c
12-10
11-26*
Aircraft
Waco
40c
3-10-44
2-25*
40c
6-10-44
12-20
Waite
Amulet
Wabash-Harrison
Walgreen
4V2%
Walker
(interim)
_______
end)——
Mills
Shoals
Ware
7%
Mfg.,
11-20
tOn
1
11-15
fPayable
12-
12-14
1
12-
5
River
Warner
&
common
_v
12-24
11-20
$i%
12-1
11-20
50c
12-10
11-24
12-20
12-10
$1
12-
1
11-18
12-
1
12-
11-12
2
12-
12-10
12-
12-15
12-
75c
1
1
11-15
12-15
1
12-
2-1-44
1-15,
'
4-15
5-1-44
8-1-44
7-15
12-22
12-13
1
11-15
12-20
12-10
3-20
15c
,12-
3-10
1-20
4-10
12-24
12-
f20c
12-10
11-10
$1
12-15
12-
4
1
12-11
11-15
:1.12 »/2
12-15
11-15
12-15
11-12
12-15
11-12
30c
12-29
12-15
12-15
11-
9
50c
12-15
12-
4
12-15
12-
4
12-15
12-
4
1-
12-31
5
11-23
1-15
(Northam) Corp., $3 pfd. (quar.)„
Washington Railway & Electric Co. (irreg.)
75c
12-
1
$13
11-30
32>/2c
11-30
_
preferred
preferred
(quar.)
—_i
—
Oil
1
12-
1
12-
1
11-12
50c
6,019
'+
20
+
784
+
8,948
+
10,672
+ 148
772
2,951
516
—
12
+
+
80
18
—
+
60
deposit accounts except
U.
S.
Gov't
accounts,
and
week
11,739
(In
Gold
1
12-
12-
hand
on
Other
19,803,215
20,554,616
130,406
127,950
310,149
318,672
235,894
20,224,770
20,249,837
20,809,330
47,610
33,735
5,215
47,610
33,735
10.215
11,676
12.055
15,212
1,569,218
cash
Total
'43 Nov. 17, '43 (Nov. 25, '42
19,784,215
notes
4
1-
dollars)
and
Treasury-
1,566,061
1
12-15
certificates
Redemption fund—F. R.
4
12-
of
Nov. 24,
due from U. S.
11-20
12-15
12-10
thousands
Assets—
-
reserves
books
of
in
tax.
income
not
closed
Secured
tax.
V
18.820
for
accumulated
this
by U. S. Gov't obli¬
gations, direct & guarant'd
dividend.
'
dividends.
.
Other
r
bills
discounted
5,000
Canadian
funds, tax deductible at the source.
Non¬
resident tax, 7%.
a Less British
income tax.
15%;
Total bills discounted
S.
Govt.'
and
Condition Statement of Member Banks
_
*
.
__________
securities,
guaranteed;
direct
,
Bonds'
Notes
Loans
brokers
to
and
dealers
in
securities
Holdings
of Treasury
bills
declined
5,806,106
10,363,875-
9,831,817
4,842,756
10,423,161
9,877,607
4,868.183
136
136
U. S.
direct
Due
F.
Govt,
and
from
guaranteed
foreign
Bank
Z
banks
47
67,534
69,409
38,632
2,000,028
1,288,885
38,349
38,374
40,121
63,119
62,196
81.524
32,439,012
32,297,587
27,126,722
™_™__-
assets
Total
381,572
1,621,943
•
items
premises
Other
735,900
,■
securities,
R. notes of other banks™.
Uncollected
increased
$27,000,000.
6,257,707
Total bills and securities
$159,000,000 in
New York City, $27,000,000 in the Cleveland
District, and
$163,000,000 at all reporting member banks, and declined
$23,000,000 in the Boston District and $19,000,000 in the
Atlanta District.
Holdings of Treasury certificates of
indebtedness
1,352,078
1,771,250..
Total
$114,000,000, and other loans for purchasing or carrying
securities declined $29,000,000, both largely in New York
■'
2,373.206'
688,400
1,843,550
Bills
declined
City.
693,400
Certificates
following principal changes for the week
ended Nov. 17: An increase of $610,000,000 in demand
deposits-adjusted, and a decrease of $790,000,000 in
United States Government deposits.
.\
-1
assets
Liabilities—
F. R. notes in act. circulation-
16,131,382
15,974,140
11,616,263
12,401,917
12,263,244
12,745,566
Deposits:
Member bank- reserve acct._
U. S. Treasurer —gen.
~
accts._
479,209
deposits-adjusted increased in all districts,
the principal increases being $212,000,000 in New York
City, $103,000,000 in the Cleveland District, and $64,000,000 in the San Francisco District; the total increase
at all reporting member banks was $610,000,000.
United5
States Government deposits declined in all districts, the
principal decreases being $335,000,000 in New York City,
$126,000^000 in the Chicago District, $58,000,000 in the
San Francisco District, $54,000,000 in the Cleveland Dis¬
trict, and $48,000,000 in the Boston District; the total
decrease at all reporting member banks was $790,000,000.
406,625
>68,419
1,398,404
1,363,373
907,123
340,814
350,490
325,486
14,620,344
14,383,732
14,046,594
1,252,968
Foreign
Demand
Other
Total
deposits
Deferred
availability items—.
accrd. divs..
8,290
1,505,805
8,251
1,074,527
Other liabs., incl.
Total liabilities
32,012.984
31,871,928
26,743,663
Capital
Capital
in
150,504
(Section
Surplus
(Section
Other
150,422
145,444
160,411
160,411
157,502
26,829
26,829
26,781
88,284
87,997
32,439,012
32,297,587
7)
13b)__.
'
capital accounts..-!
—
Total liabilities & cap. accts.
Ratio of total res. to deposit &
''
Commitments
trial
to
53,332
27,126,722
'
'
'
•
F. R. note liabilities combined
trict and $148,000,000 at all reporting member banks.A summary of the principal assets and liabilities of
6,279
Accounts—
paid
Surplus
Deposits credited to domestic banks increased $54,000,000 in New York City, $26,000,000 in the Chicago Dis¬
11-15
$1V2
12-15
65.8%
66.7%
81.1%
indus¬
make
advances
9,732
—
9,506
10,531
12-10
12-
12-28
12-
1
11-16
25c
12-10
11-15
$1.75
11-30
$1.75
2-29-44
12-14
1
Pursuant to
the requirements
1
"
common
Foreign Exchange Rates
11-24
42c
(irregular)
Wel'inan
Grape Juice Co.,
1% preferred (quar.)
7% preferred (quar.)
11-10
35c
.
+ 610
—790
32,649
__Z
11-15
10c
Wellington Fund, Inc.
Engineering
11-10
1
$1%
i.___
11-23
$50
20c
Works
Welch
503
11-15
12-1
$2.50
Washington Tin Plate Co. (liquidating)—,
Washington Water Power, $6 pfd. (quar.)„
Waverly
11-15
12-
$1.25
(s-a)
11-15
,
61
of com¬
(irregular)-,
5%
1
12-
1-10
4-20
37
+
8,946
Industrial advances
1
1
5%
Jamaica
account
resident
11-18
7
slock
12-
cities shows the
1
6
2,297
+
Reserve Banks Combined
11-20
12-
+
banks—___„_ZZ
—
demand
1-20
11-30
$iy2
553
11-20
f2c
common
489
855
8,521
61
3-20
1
10c
2-
mon
1
12-
12-
benefic'al ownership
1
4-
12-15
25c
units
2-
12-
40c
('irregular)
15
49
—
Banks___Z_Z
Federal Reserve
Statement of Condition of the 12 Federal
3 "
$1%
1
2,821
101
19
—
3
12-15
12-
The condition statement of weekly reporting member:
banks of the Federal Reserve System in 101 leading
11-27
67y2c
Warren
Partic.
12-
1
12- 7
_____
____
Co., $1.35 class A
1-
1-3-44
,
to
during
$1
$3%
,
Swasey.—
Bros.
12-15
12-15
50c
50c
(quar,)
5,959
12-15
62V2C
(s-a)____,_
Warren
A
Coke
658
5
1,811
banks
interbank
2
12-27
1-1-44
50c
_____
preferred
Ware
1
50c
&
•Transfer
$25c
—
_______—
(ouar.
RR,. gtd.
(s-a)
Sheet & Tube,
30%
1
Ltd.—
(s-a)_
______—
Less
12-
$1%
(quar.)—
6% preferred
Co.,
1-
50c
Mines,, Ltd
5,796
•
3
3
$3
(special
27
Bills discounted:
x
12-
40c
preferred
Wamsutta
12-
$3%
Quarterly
25c
40c
—
(quar.)
Walworth
3
12-15
1,122
+
Borrowings
12-10
12-
—
170
+
Foreign banks—
••
•
Zion's Cooperative Mercantile Institutions—
$iy2
t$l
Worts.
&
Mfg. Co.
preferred
Coal
11-15
30c
!
Gooderham
(H.)
5V2%
Zeigler
3
$).%
Co., common (quar.i—_____
preferred (quar.)
Common
Youngstown
12-
$i%
(year
12-20
12-15
15c
Towne
15c
$i%
Corp.
&
Young-Davidson
5-25*
$2 y2
_
Mines
11-15
11-19
37y2C
;
Co.
11-19
1
$1%
Quarterly
3*
3 7 VaC
(irreg.)
(irregular)
preferred (quar.)
preferred (quar.)
7%
1
1
12-
$iy8
'
+163
9,163
deposits-adjusted
Domestic
11-10
12-
12-
$2
(irreg.,)______
Co.
—
4,920
deposits
Interbank deposits:
11-30
$iy8
'
(Rudolph)
6
4,340
indebtednessLIIZ
81
51.
1,378
deposits—
Debits
Common
3
37>/2c
—
common
Time
11-26
3
50c
(reduced)
Co.,
Demand
12*16
11-20
12-
80c
12-16
12-16
40c
443
—
+
—
Liabilities—
12-28
$1%
1
8
vault—,,
12-28
$1%
1,008
+
29
—
76
Balances with domestic
12-28
1
+
17,623
with
30c
12-
(quar.
807
1,)28
securities
in
112
—
—114
1,487
2
U. S. Government
(quar.)
1,139
16
—
carrying
loans____
Reserve
,
(quar.)_
Common
or
bonds—
Other
11-19
50c
14,084'
6,435
Obligations guaranteed by U. S. Government
11-18
3
1
12-
12-
1
12-
3
12-17
62V2C
12-
1-
12-17
3*
11-30
12-
$2
7-
12-11
50c
50c
4-
7-31
*6'/4C
Wurlitzer
3*
8-15
U. S.
$1%
..
+
+
1
estate
11-18-42
62',.
,—172 '
agricultural
and
purchasing
Treasury pills
Treasury certificates of
Treasury notes
4-29
Wright-Hargreaves Mines, Ltd. (reduced)__/
Wrigley (Wm.) Jr. Co., common____._
1
for
11-10-43
11,311
Loans to banksOther loans
y
12-11
3
5-15
:
$iy2
12-16
1
*:
1-15
preferred B (quar.)
Accumulated (payment clears all arrears),
12-
62y2c
(quar.)
Manufacturing
W.)
prior preferred
12-15
$1
Common
Vulcan Detinning
7%
1-
50c
1-
:
.
51,989
'
brokers and dealers in securities
Cash
6%
11-30*
12-20
50c
$1.75
—
Vogt
(F.
loans
Real
12-11
3
25c
,
11-17-43
;
-
1-
$1%
(quar.)____
common
(quar.),_.
W.), Ltd.—
preferred A
$iy2
—
(quar.)
Co.
Pump
11-12
1-
50c
Co.
(Del.) (year end)
Virginian Ry., 6% preferred (quar.)—
6-%
preferred (quar.)
—
6'%
preferred
(quar.)
—
Viking
1
-_
(quar.i
Inc.
Veeder-Root,
4-10
$1%
(year end)
common
preferred (quar.)
1st
12-10
$1%
11-15
1-31
'fs
securities
11-15
1
1-31
(quar.)___i____z„i
Accumulated (payment clears all arrears)
11-12
45c
Works
Iron
Van- Raalte
7%
1-15
1
to
Other
r
>
U.
—
__
Van-Norman
4y2%
11-19
75c
priority stock (accum.)
Vagabond Coach Mfg.
—:
Valley Mould & Iron, common....
$5.50
prior preference (quar.)
_____
Vait Dorn
12-15
1
5-15
Loans
V
1-12
11-27
1
.
Pump & Machinery Corp.—
.Common (resumed)
4V2% conv.. prior preferred (quar.)__
3
12-15
1
Worthington
1-
50c
v
Utility Equities,
,
Brothers, 7% preferred (quar.)___.
Mfg., 3l/2% preferred (accum.)__
12-
50c
11-30
$1%
1
Worumbo
Co.—
Knitting
prior preferred
5%
Woolf
$1
(quar.)—
——
Universal Laboratories, common (quar.)_.—
Universal Products Co.
(year-end) —
Lothrop,
end)
/(F.
Woolworth
50c
Universal Insurance Co.
6%
11-10
.
1
2-15
preferred regis. ,(s-a)
75c
—
(year-end) ——>
United Wallpaper Factories—
6% prior preferred (quar.)
;—
Upper
6%
11-16
12-23
12-
18%c
fyear
Wool worth
1
12-29
2
18%c
preferred
12-10
12-
$1%.
Machinery, common
Stockyards Corp.
United
7%
11-24
12-10
&
Common
11-24
50c
—
(irreg.)_
U, S: Leather Co., conv. partic. class A (irreg.)
Convertible partic. class A (irreg.)
Convertible partic. class A (irreg.)
7%
prior preference* (quar.)
United States Pipe & Foundry Co.—
Quarterly *
—
u. S. Playing Card (quar.).
_
_____
U. S. Potash, 6% preferred (quar.)———_
U. S. Rubber Co., common (year-end)—__—
8% preferred —
—
:——n__+.
U. S. Sugar Corp., $5 preferred (quar.)—_
$5 preferred
(quar.)— ———
$5 preferred (quar)
—
6.4% preferred A (quar.)—
_______
6.4% preferred A (quar.)
6:4% preferred A (quar.)—
—
U, S.
Woodward
4
—
(quar.)—
preferred
Hoffman
3.
Woodward' Governor Co.
12-20
25c
Co
States Gypsum,
United
11-
1-10
1-
'
Loans-*-total,
Commercial,' industrial,
loans -;
:
'
(Alan) Steel, 7% pfd., (accum.)
Newspaper Machinery Corp.—
$7 prior preferred (accum.)
12-4
12-18
Assets-—:-"'-.';.
Loans and investments—total___.
1
\
,
..
Wood
*7-1-44 6-15-44
•
Freight
Corp.-—
Crampton
/Wood
5%
S.
&
12-
,:
Increase (+) or
...
Decrease (—) Since
12-23
12-
.
,
(in millions of dollars)
v
,
11-10
12-
i
25c
1
50c
3
1
2-
$1.18%
preferred (quar.),,—
6% preferred (1897)i__r,„„_»■.
$iy2
Wiser
Oil
25c
(quar.
,
.
11-15
12-15
25c
Power,
12-11
1
12-10
.
$iy2
Bankshares
58 Vac
5%
,1
$6
20c
4%%
7
Mfrs.—
&
Merchants
5%
$1
Co.,
A
1
1-
'■>
,
.
;
12-
t25c
Monday, Novethber 29, .1943-
reporting merpber;, banks, and of debits to demand de¬
posit accounts, follows.'"*,
vP
:
r
12-11
12-10
•
'■. $iy2:.
Inc.
Wisconsin Electric
12-15
12-27
&
$6
$l'/2
••
Reo.
12-11
1-
$2
pfd., (quar.)__;
(year-end)_
preferred (quar.)__
oj
1
12-
$1
8%.
Holders
12-27
$13/4X
(year-end)
(quar.)
.
Products,
Wisconsin
8
50c
—
Wilson
12-10
1-3
*75c
-----
Light & Railways Co.
United
U.
Ltd.
1-
$1
v___,,
Candle,
11-10
(Del.)—
7%
prior preferred (monthly)--——
6.36%
preferred (monthly)———
6%
prior preferred (monthly)
——
7%
prior preferred
(monthly)—
6.36% preferred (monthly)
—-—
6%
preferred (monthly)—
—.—
U.
Baumer
12-10
of Canada
Equities
&
12- -1
(accum.).
(irreg.) —
Corp., $7 pfd.
Gold
preferred (quar.)
Wilkes-Barre Lace Mfg.,Cp.
35c
(quar.)
preferred
Payable
$1.75
Willcox & Gibbs Sewing Machine
—,
*
75c
United Illuminating Co
United
11-16
Investments—
Gas
United
11-16
1
J_,—
Inc., $3 pfd.
United Elastic Corp. quar.).
United
1
12-
(quar.)____
Chemicafs,
United
12-
$iy>
-
"
(quar.)
share
,1, ,.>•*
__.
30c
preferred (quar.)
5%
United-Carr
-
.
pfd. (quar. )_____
(quar.')___
25c
of America, common..-,
United Biscuit Co.
When
Holaers
When
Per
per
'
tifying daily to the Secretary of the Treasury the buying rate for cable transfers in the different countries of the
world.
We
11-15
2-14-44
7%
preferred
(quar.)
$1.75
5-31-44
preferred
(quar.)_
$1.75
8-31-44
give below
FOREIGN
a
record for the week just passed:
EXCHANGE
/'' '>:'' ">
.
5-15-44
7%
of Section 522 of the Tariff Act of 1930, the Federal Reserve Bank is now cer¬
RATES
-\;
'
CERTIFIED
BY
FEDERAL
>
'
NOV. 19 TO NOV. 25, 1943, INCLUSIVE
'
;
_
RESERVE BANK TO TREASURY UNDER TARIFF
>
AC^1 OF 1930
;
::>>":
,
8-15-44
Wesson
Oil
&
Snowdrift Co.—
preferred (quar.)
West Canadian Hydro-Electric, class B (s-a)
80e partic. preferred
(quar.)__
West' Coast
Telephone,
Westf. Indies
Sugar,
West Jersey &
Special
West
6%
pfd.
Seashore RR.,
guaranteed
(quar.)____
(irregular)
common
____
$1
12-
1
t5c
12-
1
12-
1
11-20
12-
1
11-20
37y2c
25c
(s-a)
12-16
12-
6
$iy2
1-
3
1
11-15
convertible
preferred
___
_
—
Western
Grocer
Western
Light & Telephone, $1.75 pfd. (s-a)
Co,
(Iowa),
43 %C
50c
3.5c
25C
25C
Y.
&r:Pa.
Ry., common
(s-a)___
preferred (s-a)
Western
Real
Western
12-
1
$iy2
$iy4
Estate Trustees (Boston) (s-a)
Steel
12-13
Products, Ltd. (interim)
Stationery—
preferred
$2
J75c
(quar.)
$1 v4
Union Telegraph, class A (initial)Westinghouse' Electric & Mfg., common
7 % partic. preferred-—
Weston
Electric
1212-
3
1
12-15
11-18
1
Wpstinehouse
Weyenberg
Brake
Air
Shoe
Products
Mfg.
Weyenhauser Timber
Wheeling
Electric,
6%
——
3.228000
.251247*
><3.228000
11-19
(year end)
1-
3
12-31
1- 3
12-31
1212-
1
:
>
.
Nov. 23
,.
$
..
>
.297733*
.297733*
.251247*
.251247*
Nov. 25
Nov. 24
$
.297733*
3.228000
3.22$000 "
.
.251247*'
3.228000
'■■->< A
i
.
+
1
11-
8
1-3-44
12-20
12-15
11-19
$1
11-30
11-10
$1
11-30
12-10
11-26
12-
11-10
37V2c
,
(quar.)
.060586*
-.;M-
.051275*
.051275*
Canada, dollar—
.060586*,'
,051275+flfj
.
Official—
______
.909090
.909090
'
.909090
.891328
Colombia, peso
England, pound sterling
1
.890156
,891093
.572766*
J
.572766*
.572766*
.060586*
r
.060586*
; j;
.
■
.051275*
.051275*
.909090
.909090
i !('V>
L
fb
,
!
•
:
.891718
.892109
..572766*
.572766*
4.035000
4.035000
4.035000
4,035Q00
.301215
India (Eritish), rupee
.301215
.301215
.301215
.301215
.205800
.205800
.205800
.205800
^
.205800
4.035000-
Mexico, peso—_______
;
—.
1
t,
•
11-20
50c
50c
(s-a)_
—
.060586*
11-26
35c
(quar.)
preferred
—
11-20
12-10
50c
Instrument
Chlorine
$
.297733*
•
f
'
HOLIDAY
Newfoundland, dollar—
Western
Westvaco
Nov. 22
$
>•
>
•
1
Jt
11-30
1-
Western Tablet &
5'V
Nov. 20
$
,.297733*
.251247*
Australia, pound
11-15
12-10
87'/2C
Common
Western N.
Argentina, peso—
>•>
Official—--——
12-15
12-
Nov. 19
Brazil, cruzeiro—
(quarterly)
West Virginia Coal & Coke (year-end)
West Virginia Pulp & Paper (irregular)
Western Auto Supply
(quar.)
1—__
5%
*
$iy2
common
(s-a)—
_Value in United States Money
11-20
$20c
Buying Rate for Cable Transfers in New York
11-15
Michigan Steel Foundry—
$1'.75
Noon
Country and Monetary Unit
$4 convertible
1
11-10
12-10
11-12
12-15
12-
12-
1
11-
50c
$iy2
12-
3
9
.909090
—
—
—:
,888750
pound—
"Nominal
rate.
3.980000
.909090
.888750
3.244203
3.980000
.909090
.909090
.889375
.889791
3.244203
3.244203
3,980000
3.980000
,
—
Noncontrolled
3.244203
3.980000
Union of South Africa, pound..
Controlled
.909090
.887916
3.244203
Uruguay, peso—
11-20
1
OfficialFree__
New Zealand,
—-
.658300*
.658300*
.658300*
.658300*
.658300*
.529980"
.529980"
.529980"
.529980*
.529900*
.
.
'
-
.
•
THE COMMERCIAL &
Number 4233
158
Volume
Sales
Stock audi Bond
DAILY
Cash and
NOTICE
„
deferred delivery sales are
««»
Mew York Stock Excfeange
WEEKLY
-
YEARLY
-
they are the only transactions of the day. No account Is taken of such sales In computing the range for the year.
disregarded In the day's range, unless
New York Stock Exchange
United States Government Securities on the
Below
we
furnish
daily record of the
the current week.
Stock Exchange during
Daily Record of
Figures after
Prices
Nov. 20
f High
—
1 J**
0. S. Bond
Treasury
4%s, 1947-52
[Close
Total sales in $1,000
Home Owners' Loan and Federal Farm Mortgage Corporation coupon bonus on the New York
transactions in Treasury,
a
decimal point represent one or more
2'/2s, June, 1964-1969
Total sales in
Total sales in
[Close
f
High
.
—
—
r
m il_i
<r ■»
_
—
units
—
105.24
—
Low
High
Low
1954-56
HOLIDAY
Total sales In $1,000 units
(High
Close
010S6
Total sales In $1,000 units
105.15
Low
1946-48
(High
105.15
[Close
2s, March
1
units
1948-50
;
Close
[High
Low
Total sales In $1,000 units
111.7
High
111.7
Close
2s, Dec. 1948-50
1
Low
Close
units
In $1,000 units
Total sales
( High
] Low
27/eS, 1955-60
-
(High
Low
(Close
2s, June, 1949-51
(Close
$1,000 units
Total sales in $1,000 units
__
[High
-i Low
(Close
2%s, 1945-47—
Total sales In $1,000
(High
1 Low
1949-1951
Sept.,
2s,
[Close
units
Total sales In $1,000 units
[ High
f High
-
\ Low
1948-51
2s,
'
.'
Total sales In
units
_J Low
(Close
1949-1951
Dec.,
(Close
Total sales In $1,000
$1,000 units
March,
2s,
•{ Low
1951-54
;
(High
100.26
Low
(High
100.26
1950-1952
2s,
■{
1950-1952
2S, 1951-1953
Total sales
in
100.6
100.6
100.6
100.6
1
!
Low
Close
Total sales In $1,000 units
units
(High
(High
2s
Low
1953-55
Low
I Close
(Close
(High
l%s
HOLIDAY
sales In $1,000 units
Total
HOLIDAY
units
1948
(High
-[ Low
•—
Low
1948
100.6
100.6
100.5
$1,000 units
1951-55
2s,
(Close
(Close
[Close
Total sales In $1,000
100.5
100.5
High
(High
—j Low
Total sales In $1,000
nVL-
(Close
[Close
1945
100.14
[High
1 Low
units
2%s, 1960-65
100.14
Low
[Close
sales In $1,000 units
Total
\ Low
Total sales In $1,000
Sept.,
units
[Hign
Total sales In $1,000
100.14
(High
(Hign
i Low
[Close
2%s, 1958-63
2(1
Total sales in $1,000 units—
$1,000 units—
Total sales In $1,000
100.26
Close
(Close
2%s, 1956-59
2Vis,
low
•
111.7
—■
Total sales In $1,000
Low
•
105.15
"High
3s, 1951-55
1947
2s,
units.
Total sales In $1,000
HOLIDAY
Close
Low
Total sales in $1,000
Low
Total 6ales in $1,000 units
2 Vis,
Vis, 1949-52
2Vis,
4
'
1
units
High
Total sales in
5
(Close
105.24
[Close
Total sales in $1,000
2%s,
3
J
2%S, 1952-55
105.24
—
j Low
Vis, 1946-49
2%s,
7
(High
—
[High
Total sales In
100.4
I
Close
Close
3s,
100.4
100.4
Low
1944-46
Total sales In $1,000
3
100.4
100.4
100.4
High
r.
3
100.4
100.3
100.1
(Close
High
3 Vis,
100.4
100.1
(High
\ Low
—
units
3
100.3
100.3
—
1
2Vis, 1967-72
—
$1,000 units
Low
[Close
Total sales In $1,000
100.1
100.3
Low
1964-1969
units
—
„_
$1,000 units
100.3
2Vis, Dec.,
—| Low
3%S, 1946-56
Nov. 26
100.1
High
[High
Total sales In $1,000
Nov. 25
Nov. 24
100.1
Low
(Closs
\
Nov. 23
Nov. 22
Nov. 20
fHlgh
Treasury
—
units
4S, 1944-54
32d of a point. (See note below).
Dally Record of U. S. Bond Prices
Nov. 26
Nov. 25
Nov. 24
—
—
Nov,
Nov. 23
22
2161
FINANCIAL CHRONICLE
Total sales in $1,000 units
units
[High
2 Vis,
\ Low
1949-53.
Federal Farm Mortgage
(Close
Total sales In $1,000
units
2Vis, 1950-52
(Close
I
High
-
units
3s, 1944-1949
[High
Total sales in $1,000 units
(Close
Total sales In $1,000
Low
■
Close
•{ Low
2Vis, 1952-54
100.25
100.25
Total sales in $1,000 units
(Close
Total sales In $1,000
100.25
(High
Low
j
3 Vis, 1944-1964
[High
\ Low
units
f High
2%s, 1956-58
Home
j L°w
•
Owners
Loan
[High
(Close
3s, series A,
Total sales In $1,000 units
1944-1952
(close
Total
< Low
2Vis, 1962-67
,
Total sales in $1,000
l'/2s, 1945-1947—
units
Vis,
Total sales In $1,000
(Close
100.2
Low
1963-1968
6
units
LOW
♦45%
52%
10'/a
Nov. 23
$ per
share
112
HIGH SALE
Tuesday
Nov. 22
♦109'/a
♦45
48
* per
share
%
112
Nov. 24
share
,
48
58%
58'%
109%
♦109%
109%
49
♦46
51
10%
51%
50%
50%
♦49
10
52%
10%
9%
9%
10
48%
51
10%
29%
♦29'/a
29%
29%
29%
♦29
29%
18%
18%
17%
18%
18
18
♦18
39%
40%
40%
40%
40%
.
♦69
71
♦68
114
♦109
5%
5%
5%
♦111
71
5%
114
-
♦67
5%
♦109
40%
71
5%
114
40%
♦67
5%
114
40%
71
5%
114
*2%
2%
2%
2%
2%
24%
25%
24%
27%
27
28%
25%
27
24%
2
'
2%
2%
58%
120
48%
49
—
600
♦46
—
58%
109%
49%
9%
—
3,400
—
100
Adams-Millis
Address-Mutigr
40%
3,100
Air
4,000
Alaska
5%
♦110
—
5%
120
10
18,100
Allegheny
23,800
♦24%
25%
4,500
24%
27'A
27%
28%
26
26%
38%
38%
41%
41
42
40
40
—
39
39%
2,000
26 %
26%
26%
26%
26%
26'%
26%
—
26
26%
2,900
71
70
70
72
—
♦69
9%
♦9%
9%
9'/a
9%
147%
147%
♦146%
147%
146%
146%
♦14
-14%
14%
14%
14%
35%
33%
34%
♦9
34 %
For
35%
♦14
34%
footnotes see page 2171.
♦69
9
146%
♦14
33%
9%
146%
14%
34%
-
—
20
9%
600
143
—
—
72
9
—
Vicksburg Ry
Gold
Min
146%
1,600
*14
14%
100
31%
33%
47,000
Corp
100
10
100
1
5'/2 %
24%
♦69
No par
Inc
Albany & Susquehanna RR
2%
25%
2
—
&
Corp
Juneau
24%
—
Corp
Reduction
Alabama
71
No par
No Par
;
10
Express
800
26%
70
25
18%
♦67
—
—
No par
Steel Co
29'%
♦37%
♦69
Acme
Adams
40%
■
100
preferred
18%
♦29
—
—
9%
No par
Abbott Laboratories
Abraham & Straus
700
I per share
Par
4%
pf A with $30 war
100
5Vz% pf A without war
100
$2.50 prior conv preferred-No par
Alghny Lud Stl Corp
Alleg & West Ry
Allen Industries Inc
Allied
Chemical &
Allied Kid Co
Allied Mills Co Inc
Highest
Lowest
EXCHANGE
Shares
109
■
Range Since January 1
STOCK
NEW YORK
the Week
$ per share
—
18%
♦29
Sales for
Nov. 26
S per share
58%
109
♦46
Range for Previous
STOCKS
Friday
Thursday
Nov. 25
S per share
of registered bond.
RECORD
PRICES
Wednesday
♦58
58
58
58
58
♦109'/a
AND
Monday
Nov. 20
>—-
{Transaction
sales.
lot
♦Odd
NEW YORK STOCK
Saturday
$1,000 units—;
Total sales in
100.2
(Close
$ per
[High
Low
{
-
100.2
High
2
sales in $1,000 units
(Close
•
Low
-i
f High
gtd
No par
100
1
Dye
No par
5
No par
51%. Jan
4
Nov
9
108
35%
41'/4
7%
25'/a
Jan 23
Jan
5
Jan
Feb
6
14% Jan '8
38% Jan
8
67
Jan 28
3% Jan
7
Jan
Jan
5'/a Jan
5'/a Jan
13
Jan
18% Jan
64
Jan
85
25
11
2
2
11
11
15
Jan 19
140 % Jan
9
10% Jan
8
16 % Jan
4
7
$ per share
63% Mar 12
115'A Sep 29
52
July 3
57 % Sep 18
13
Apr 7
32'/2 July 13
21V2 Mar 30
48% Jun 1
76'/2 Sep 3
7% Apr 6
114 Nov 24
3'/4Julyl4
32% Sep 25
31% Sep 25
45% Sep 25
31'/a July 2
75 May 26
11% Jun 4
165 July 15
14% May 22
37% Nov 17
Year
Lowest
t per share
1942
Highest
I per share
51%
Dec
37
May
104
Mar
113
31
May
43
39
Sep
48%
Jan
5%
Apr
8'/a
Nov
18%
Jun
26%
Dec
Dec
Jan
Mar
16%
Dec
29%
Apr
41%
Dec
61
Jan
69
Oct
4
Nov
10
1% Mar
69% July
94%
Feb
Jan
%
Oct
3%
Apr
6%
Nov
3%
Apr
6% Nov
ft
17
Jan
May
22%
Jan
Nov
73%
Feb
3%
Apr
7%
Dec
118%
Apr
9%
16
57%
10
11%
Jun
149
Jan
May
12%
Jan
Apr
16%
Nov
CHRONICLE
THE COMMERCIAL & FINANCIAL
2162
Monday, November 29, 1943
NEW YORK STOCK RECORD
Monday
Saturday
$ per
S per share
•14%'
14%'
1474
"
14;%
,
95 7%
95'
34%
34%
34 ve
3474
34%
347a
*1974
19 7 b
*18%
19 74
19
19
'*2
30%
30
75%
29
29%
*1%
2
30
29
29
29
6274
607b
16
*1574
1574
*60
6074
7%
8%
174%
30%
874
82 74
30
23
23
237a
110
110
*10874
106
106
*10574
.* *2072
'23
10
*2074
•;
*
*9%
15%
23% Sep
1474
Apr
American Bank.Note———
*100%
9174
94%
"...
—.w
10
1067b
,
35
*101
93
*2%
09 3,
9
24 5 3
*23%
247 a
23%
■237b
5%,.
4%
5%
474
47«
76
76%
9
*8
9
*8%
274
*2 7b
—
76%
73
17%
76
76%
76
1774:'
.18%
32
*40%
66%
163b
17
.
*3174
*40
•
874
8
8
61
6
6
44
44
44
44
44
1274
1274
12%
12
7474
74
7374
73%
72%
1374
131 h
13%
73%
73%
814
874
874
2374
23%.
*2374
*125
127
2%
••
3474
34%
3474
274
2 *7-i
2 3 «,
44%
41
8%
.
35
*34
274
42
1274
12%
12*%
87a
*34
61%
62%
127 a
6174
6274
■6274
"
14
147 b
147a:
28
28
28
3874
3.8%
*14%
14%
14
.27
27
2774
38%.
3774
38
149
348%
■
v,22.;r:
;
:..
; 9,300
874
Am
21,500
62
*133 b
*14 7
38%
149
*148
.
40
150
.
150
*146
40
*146
40
*39 74
*147
23%
,
.
*146
—2
"
■
4134
•
.
28%.
■
2
41^4
1467b
41
148
148
-.22;V
".
146%
2374
23%
231
147 b
14%
1.4%
34%.
17
16%
16 3 4
*16%.
273b
.—'
273b
.
2374
14*%
2374
.
23
4
'-2« •'
..
1431 V
28%
156
28%,
*277a
,
15574
156'.a,
110
110%
•
110
1093b
283 4
2874
155%
2874
156
53
5374
53
54 3 4
56
55
553 b
139% 139*%
8%
139*%
138%
8*%
8%
42%
119 %
6'7
6*%
537b
2lil
-~h
•
'
y
43
-2
•
4 lit
'
'•■:
5%
86
6
6
•
*69
88
*
.67b
„
70
697b
'25
48
\\
47%
474
*45
,*474
.
48
*2474
,,
257b
4 %
27V-
•
.27.
2Q
20
116
116
'
,
2-'
.
43
■
*974
10%
2%:
*2 'a
*27a
2%
*43 M;
*43%
44%'
4
"4%
V
6974
7074
73
73
73
73
9<%
S'l■
.
974
*8%
.
90%
91%
*9074
84%
84.
39%
*3874
*84
*38%
531
107
108
53%
54%
a
9174
'
3974
,
5374
*834
107
903
53
53%
'■
28
2874
277a
30
30%
6174
*59
6174
2574
-25%,
107
107 Va
*53%
1074
10%
-M
■54%
*54
107%
107a
10%
547a
*54
5774
60
6074
115
*109%
115
54
61
*108%
40
7%
*12'4
■
'
774'
'
■
14
67o
14
*13'
'
7
*1274
14
67e
■';
'
•
J
'
x24%
—-
7
7
4,200
800
22
•
,
-2
*67
70
70
68
68
*
67
3%
3%..
3%
3%
",'33b
'16%
17 7b
57b
5%
3 74
.
8
37b Jan
5
Water Wks & Elec—No
Am
par
53 3 4 Jan
12174 Aug
2
3% Jan
2
55% Jan
5
$6
1st
preferred—
—No par
Woolen—_—_—No
S6 conv
prior preferred—.No
Jail
Jan
597b
Oct
97b Nov
147b
Dec
357b Jan
Jail
43
14874
Nov-,
3674
Apr
1367b Jun
167b Jun
2174
Nov
Feb
12
-
T2
77b Jan
Oct
Mar
144
97b Jan
Oct
Mar
2174
Jan
7874 Mar
977b
Jan
15
23
Aug
13474 Jan
1774 Jan
10174 Apr
337b Apr •
;
4974
5074
34% Apr
Jan
Jan
1437b
Nov
337b
Apr
374: Apr
22
Apr
10874 May
Jan
77b
120
Dec
1167b
Jail
4
Nov
1,400,
80
5%
Jan
Jan
127b Mar
17
Jan
1
23
1127 b Mar
May
77a May
1274
Oct
1% July
Mar
277b Apr
27b Sep
Dec
36
47b
Jan
2
6% Sep 20
2
18
83% Sep 28
42
Sep
407b Oct
677b
66
Jau
5
21
3374
Dec
49
Jan
75
20
Jan
2
Sep
40% Jun
Jan
674 Jan
9
10% Jun
26
7
1074 Jun
5
Feb
27
Oct
4
674 Jan
4
15% Jun 28
474 Apr
973b July 21
6l3/bMar
92
29
Jari
5
Jau
110
4
4474 Jan
7
66
947b July 22
39% Oct 20
107
Sep 27
677a July 24
907b July 22;
38
May 26
3674 Oct 26
2
Jan
X2474 Nov 26
19
Jan
8
•
27b
79
Feb
,
874 Nov "J
474 Get s
5% Mar
47a Jan
100
Apr
|
82
July
674 Jaii
May
-'777b
83
il
Jan
Jan
53
Jun
20
Jan
287b
Dec
8174 Jan
1007b
Dec
27%
53
Jan
,
Oct
607 a Jun
,727b
347b
Oct
34
'
Oct
1974 Jun
Jan
167b Jun
.
.
Jan
44
non-cum
Oct
68
4.
20
Jan
Jan
109V4
Feb
7
28% May 27
113% Sep 13
1374 May 29
9974 July
674 Sep
7
Jan
Sep 28
4674 Apr
51
Dec
70
Jan
116
Jan
67a Jan
4
507b Jan
14
57
6874 July 14
43
Jun
24
Ill
Nov
1
7
52
.
453b
237b
Mar;
Mar 16
1874 Jan
106
—No par
33
147b Apr
Jan
9
113
Jail
12
123
.7
21
15
9% Aug
4
77b Jan
par
274 Jan
No par
(The)
3
287b Jan
5
85.74 Aug
37b Nov
9
67a Apr
27"
15,700
16%
18,300
Baldwin 'Loco Works v t c_:
^_13
1074 Jan
2
1974 May
Baltimore & Ohio——
-100
'37b Jan
2
10
2
May.
May
Apr
9%
374
174 Apr
157b Apr
4
8
37a
14% Apr
6
127b Apr 29
-
Jan
30
Jan
30
,.
^
Jau
287b
:
Jan
par
Nichols——No
50
Dec
227a May
107
167b
3%
37b Apr
387a Jun
.3
———
85
Jan
7
27
prior A
Aviation Corp. of Del
67
6674
-2'
Jan
.76 3 a
Aug
46
preferred
,100
Atch Topeka & Santa Fe_!
100
,5,%;' preferred-———100
Atlantic Coast Line RR——,—100
All G &-W.1 SS L}ne,Sj_——
1
Austin
57a
Dec
47% Sep
7
Powder_:——•
Feb
Dec
Mar 18
14% Apr
'
174 Jan., 5
34
Jan 11
11
Co-———No
7074
3%
3 7a Feb
17
Jan
574
8
Apr
5174
39
24
116
20
97b Nov
1%
7
233b July 15
5
167b Jan
727b Jan
5%. conv preferred———100
Atlas. Tack Corp————.-No par
6%
2934 Apr
59
AtlaS
14
31% Apr
4
Jan
1117b Jan
——
970
6%
'
„
9
24
,7%; preferred
——100
Armstrong Cork; Co———-No par
Arnold. Constable Corp———5
Artloom Corp,—
—No par
!%■ preferred——
—
100
Associated Dry -Goods—-————^1
6% 1st, preferred—,———_100
.7%. 2d preferred—
__100
100
.
2
11
4
par
3,600
60%
Jan
427b Jan
247b Nov
Armour & Co of Illinois———5
,,
547b
115
May 4
88% Nov 12
8aa July 16
797b July 21
77v4 Apr
7
5474 Mar 30
'374
68 Tb
674 Nov
12
29
9
7
par
Preferred,
100
Amer Zirc Lead & Smelt——1
$5 prior conv preferred—_—-25
Apaconda Copper Mining,:———-50
Anaconda .Wive & Cable—4— No patAnchor Hock Glass Corp-t.-—_12.50
$5 dlv preferred———u.-No par
American
1074
'
3%
11574 Jan
32
preferred-!————^——100
5%i
150
'
*68
49% Sep 20
5,000
*12 34
•
•
6
?«%
*10874
22
Jan
10
•"
4_^
34
14
107%
5974
115
674 Jan
preferred-^
.,100
Atlantic. Refining-——25
4% conv pref series A———100
Atlas Corp——
———-5'
6%
preferred————50
1077b
•2.2'*•
24.
^—100
Type- Foundries Inc—.4—_ 10
.American, Viscose- Corp-4-4——414
6'V preferred
Amer
*53
...
2-
■
t..
"•
6534 July 14,
14674 July 23
12% July 1
5 f,t
61%
26
2
-
■
,
7%
■
1,400
29
*58%
—
607b
*12%
8,000
257b
29
-
52%
83
:
82%
'
—
—
2
427b Jan
2
Assoc Investment
"30
108
517 b
,
ic
-
32% Aug 11
15874 July 22
633» July 15
2
Jiin
165
674 Feb
2
Aug 31
2
39%
*3874
*106%
.
.
54
593b
*108%
.
10*%
1,500
160
'
.
20
12
90
'
1077b
10%
54%
57
57
_
2674
107%.
110
86
*r->
'
-
613b
253b
1073b
3.07 b
*108% 115
30%
a
800
90
—-
i
28
303
25%
257a
107 %
27
500
874
86
2—.'
83 3 a
*58.
2,800-
2
—
2—•
527a
*83
28%
3074
257(i
10%
82%
277b
63
*107
,8274
30%
30%
25%
83
*5974
28 %
80%
*60
.
*8274
83
30
974
1174
'
83
37
*105
,
—;
393 4
108
51%
72
—
86
*38%
*1063^
1,300
8%
'
—4 ■
'
-
—
14
JlUl
4332 Jan
5,800
974
.
2—•
■^22
,
4%
6974
3674
■
—•
903b
a
*85%
107
—'
—
12
44
4%
■
107
12
I
2 '^''
21% Jan
Copper Mining,'———,-20
A P W Paper Co Inc———__——5
Archer Daniels -Midl'd—No par
27 a
*433 4
-
■
,
.
115
127% Jan,
Andes
72
■
■
w
'
9
4
■
1,500
10%
697a
—2
—
363b
93a
9'%
,
2-f
—,2,„
•'
72 3.i
353b
2074
116
*2 7b
a
70
1
*974
.
1,400
11,500
27
*115
69
*71
397:,
"
J,.
—.
47a
86
'*38%
1C7
443
69
903,j
*85
107
*433 4
87a
.90%
84
2-
23»
123 4
1073
107%.
1274
123 4
12
12%.
:
36 3 4
8%
*10774 108
12%
*106%
900
47
2574
*26%
2074
'
4
47 b
a
25
•
11
*2'«
-
*9%. .,49%
9%
97a
9%
109
*108
974
24—
33
5
129 74 Jan
"2,200
4
69
*4674
)*
1
——
20
72
36%
■'
——
116
*9%
5
*71
36 "a
20
4474.
693
2.2
■
27
*115
'
214
a
69
-
3674
37
11
4%
69
37
20
*43%
5
69
27*
116
7b
*23
44%:
474
■
*9
'■'
'
47
25"*,,
a
14
Jan
Jan
22
474 Mar
177 b July 15
91
& Teleg .Co—4——-100
American TobaccO———
—25
Common class B:;—:————..25
300
.
67 b
^.69
■
27
■
*115
"
10
*974
253
2
Jan
177b Jan
Sugai'^^Refinirig4____4_100
Amer Telep
7,500
88
574
•'•.
474
43/4
*45..
.
25 ;';i
20
*115
20
*19%
ni5
48
25 74
27
27
.
.*45
12
—4—————100
Am' Sumatra'.Tobacco^i——No par
.
9
297b May 29
i5% Oct 25
Jan
26 74
24
May
357b May
3
Jan
U
1327b May
Apr
Feb
267b
'
127b Apr
374 Apr
1427b Jun
9% May
527b Apr
1
47% Apr
117a Mar
Preferred"
100
'
253 b
*27
2,900
4
574
*8474
'
*45
3,900
119
574
2'*,
70
151% Aug 31
6
350
>
8%
42%
42
—2
■
•'1;
11
2374 Mar
119
Apr
Aug 18
32% Mar 23
Jan
.
May
Apr
;
■
63 4
«
*117%
'-2
6
*8474
67b
85
*
69 3 4
6974
69%.
4%.
69%
5%
674
674
6%
.6%
89
*85
88
*85
67b
87a
May
197b Jan
.
■
.
6 74
2,300
7,200
13674' 137
'
■
lift
*117
53%
5574
18
-
157b
8
4
1417b Oct
-771
American
400
53
15 J/4 Apr
ii'onrCUln-* preferred-!—4i-100
Amer "Steel Foundries———-No par
American Stores—L———No par
Amehcan* Stove CO——4——No par
800
6,200
697b July 24
45
1,400
,
23
16% July 14
2
300
15574
Oct
173
357.1 Jan
800
55
•.
%T-._ ■
•
8%
42;,4
43
-r—
:
137
874
155-
.
,—;
53%
28
28
■'
,
■—;
557b
136
118
118
™,'.
,
t"2'
457a OCt 29
11% Jun' 8
161
'
'
'*
■
55
8%
42%
1197 b
*118
.
29
155%
1557b
*
139
8%
43
42 74
42%
"
,136%
;
8%,
110
*2874
i
155%
531 b
7b Mar
1
5,700
109
109
-
217b May
1447b Feb
210
2774
2774
;
-
•_
29
36
American Siiuff_l————————25
,600
i
Oct
474 May 10
483a Oct 29
*
1137b Feb
17
120
16% *
1
1274 Jan
14774
1474
1257b Nov
;Jan
27
22%
4
16
36% Nov
Amer
42
4
.7
Seating Co.——No par
American.
Amer
'
•
54%/
.
55 3 i
*U8
28
56
.
54
11074
110%
*110
,277a
Nov
.
Apr
Apr
a
Ship Building Co——No par
Smelting &■* Reiser-'—No pur
Preferred
——IOC
300
2274;
■
77b
Oct
10% Jun
273
87b Jan
490
*16%'
.
•
Dec
Feb
54
5,000
*l47tt
V1'
v^.(
^2 '.r
,
38%
147b
27
•:
14674 14674
'
.
500
1374
42
-
,.
"'^2 '
16%
28%.
%
1,500
377b
14774
2^
—
•" 1483b
,
*2774
14%},
16%f
*27%
*3974
.
V
*16
23%
14%
16%
149
61
27
'
■
.
127a
107b Jan
American Rolling
5,600
14%
277b
387b
97b
6 7a Jan
154
Mill—————25
4 7b 7b, con v preferred
——100
American Safety Razor——18.50
1274
1374
••
>2"'-
14%
a
27
:
'2-.;,
13:14
Jan
1
167b Jan
Preferred ————100
597b
■
.
1074
157b Jun
par
110
168
4074 Nov
674 Jun
..preferred—'_r_j.—^—tNo par
Rad & Stand San'y—No par
preferred——-———No
Jan
35% Mar
A Jan
$5
;--•
Dec'
7
47a
2
May
.
57b Nov
274 Apr
Oct
6
Dec
2
37
15
Jan
X26-
No par
Sep 20
Jail
Mar
82'b Sep
18 74 Jan
$6;
11,600
5
Light—
17b
Nov
68
.
Amer Power-&
56
x36% Apr
25
Jail.
3674. Oct
6
29
80
3%
27b May.
,
Oct
,35
27
47
77-i Jan
No par
a
$274 Dec
177b May
397b Jan
17674 Jan
12
,
,
"
38%
5% Jan
1074 Jan
5
May:27
97b May
77<a Feb
474 Jan
<67# 'preferi'edV^-lL----.-—j.—100
American' News Col—i— u— No. par
377a
*165
—2-'
■.
661
37% Jan
par
May
5
Jan
4
42
87b*
.
u'-w
12%
61
137b
13%
2
July 14
70
537b Jan
11
7,500
2
327b Sep
1274 Jan
77b Feb
41%
'
.'—2
,
L-L\:
168
1274
13%
1374
1374
13%
4% Apr
6
407/a Jlin 22
,
5
;
367b
..,12
.
2
■
62
4
2074 Jan
27b
Dec
257b Dec
.25% Jun
Mach & Metals———No par
35
,
2%
87b
23
Nietals Co Ltd—i—_No par
*125% 12774
•
2-
•'
;
■
8%
167
2-
Jan
Feb
Amer
Fdy Co„
Dec
1 Va
787b Jun ; 17
367a Apr
1
Amer
.
Dec
49 74
€
500
Amer Macli &
v
Jan
Jan
600
1,600
Jan
26
87 b
»
Jim
a'b
6
'preferred..'—4--—^100
1't
1674
Jan
par
NOV
18%
7
—,—1
Nov*
3
•77b
9
May 10
8774 Jun 16
par
Jan
Nov
1674
374 May'
27b Jan
American •Locomotive,—-—No
10074. Dec
Apr
5
2974 May l8
2
No par
Corp—
Jan
7b* Jan
10
12
preferred^—---1001
Internal
2274
May
77b Mar
15
474 Jun 10
8
174 Jan
""
2,700
,
1374
77b'
4
-
38%
87b
,
170
1274
22% Nov
467b Jan
'American .Invest Co of Iil——4_1
5 7b' conv preferred
——50
'
12%
8
Oct
Dec
Dec
92
6% Jan
Dec
7%
2
111% Nov
Products-
,
.3 % May
6
1047b Jun
2374
13%
"
*23
•
4374
,
'
ln.
2u-
.
.—2'
i
2%
37%
—2
—
.
'•
7574
18
2
35
Amer
80
Jan
8
-50
25,300
15
27
r
400
t
127b
737b
'
,
—•
»-2,
2 v.,
■
:
67b
11%
247 a May 20
'
174 Jan
30
4,000
45
*44
»
■
.
•
1277b
35
874
.4
-2"'
*12574
43%
*168
8
207b Jan
110
Mar.
157b Jan
Ice-.——-——-No
,7374 Jan
103
977b Jan
:_1
Oct
Jau
Mar
11% May
par
Dec
69
26.
par
Dec
-
33
14
ilO
6 7bnbii-cum
May
557b May
25
par
American Home
Mar
20
187 b Feb
Hawaiian SS Co-
American
7474
176
2
39
600
2,700
374
Apr
Apr
159
,
Feb
May
100
-
63
*57 b
2
—'"
w—.
3974
9
.-•';
874
39
170
170
j
3%
*6174
■
i,: <2<«'
(,
m
13
43%
8%
9
%
2374
407 b
3974
170
13
45
.44
457a
40
*165
%
'—2
227«
127 i.V
2Bn
'667b
*774
a
74.
*8
24
*125
12774
35%
*35%
'
100
17b
Jan
13074
'
Aug
American Hide; &. Leather¬
ed conv preferred-,
'2,400
:
Apr
567b
Oct
33
Apr
14
'
8'b
*7 7a
24%
67 a
7a
13%
X1374
1374
*7%
*23%
*125
•-1
12%
•
%
3
40
374
2
•
—
44
11%
•
6674
"
;
——
6
-
40
8 7b
*8
15,900-
3174
3
\
63
12
11 %
.
:
45
5%
*44
6
■-
•;
-•"
68
31%
--
14"
667b
4 "V
*617b
8%
3
o
4
65
*5 7b
!
*66
'
47b
87b
■';
16%"
*65
_■
2-'
317b
O
•
*62
es
3
.
6674
4
4 Vi¬
*6174
3
40 %
6674
6674
4
63
3
"15%
68,
j-
317b
32
22
.
23
May
—1
Encaustic' Tiling
American
1,400
Nov
16
,_20
preferred———
Distilling Co
1st
500
73
,
Oct
49
67b
105
—No par
6%
800
11,500
67b Jan
93/4
-10
European SccsiAmerican. Export Lines Inc
JVO
Amer & Foreign Power87 preferred!——-—— No
$7 2d preferred A———. -No
$6 preferred——4— .No
2,000
474
1
19% Feb
,-10
58Va. Deo
,
24 34 Apr
7.
1167b July 23
11274 May 10
4
Ame":
9
23%
73
1
__
''
*65
,68
37a
40%
6674
4%
8
68
32
*40
40%
66%
*61%
•:
'27 a
3
4%
'17
>
3114
32
3
18
-70
*67
68%.
67
Feb
Amer
'■
17%
96
.
23
„
26
Oct
Nov
24
Apr
120
1
July 10
80.
5
American
200
457b Jun
22
Colortype Co.-—
American' Crystal Sugar—.
4
!
'
^
47b
617b Nov
Jail
American
'
237b
231
.474
73
6
Jan
70Tb
37b Mar
9174 July, 15
185 % July 29;
26
183/4 Jan
21,100
2 74
*8
9
*8
*874
23%
4%
■
2%
2 74
*2 7 a
274
'8
Nov
247'4 Jan
109
preferred..——
conv
'
2%
171
par
100
18%
5% Jan
3874
1
; 8
Aug 18
-974 May' .4
2
17b, Jan
.
...
2574 Apr
4374 July 14
20
par
Am Coal Co of Al'tegh Co n J—. ...25
800
93
37b Jan
717b Jan
Nov
197b
.
Dec
Mar
Jan
30 7b. Jan-
1874 Jim
134
4
•
,
9% Apr
2
27% Jan
American Chicle——--4— .No
'
18
607a Nov
,
,
NOV
81
ii Aug
11
43
,
.7
Sep 13
July 8
July 9
76 74
5
,100
"5%
103
91
97%
34
4
1277b Jan
100
.No
200
147a
.
*101
103
Jan
.125
Fdy_——-
-
5
8% Jan
47b Jifti
Am
,
9%
147:
2
—
23
X974
27
,:--i
250
10674
*22
'
■
1074
1434
15
,94%
9174
1,400
Jan
47
,;.7%. non-cpm preferred ..4.
Chain & Cable Inc..—. .No par
;
2,300
23
*9>b
1023 4
102 %
93%
••"22
■■
6274
23
110
6174
Jail
2
.
iod
——4—---»
—
American Car
4,100
23
,"
10674
Preferred
360
.
86l/2Jun
1-
American. ,;Can—x4_x—
1,500
30
-10
5 % % conv preferred—
Amer Cable & Radio Corp_„
50
17,100
317 b Oct. 29
14
52
...No ■par
Co———.
Shoe
Am; Brake
13
20
Jan
23
-50
—4i—
Corp——
American Bosch
1,900
.1,500
172
preferred--;
27b July. 22
7b Jan
;
X67
Amerada' Petroleum
6v%
21
13% Jail
.
-SO
%conv-preferred—.4-4—
6
.
80
*108
63
237b
105 3 4
97 b
15
15%
15
15%
7
1,300
8
2974
110
*108
23'
97b
102%
*100%
90%
23%
■
*9Vs
10
17% Jan
Alpha Portland Cem—— .No par
Amalgam- Leatflfer Co; Inc.—
2,000
8174
171
3074
6274
1007 b
23
Apr
600
132
77b
81
174
23
110
106
'
87b
8274
30
627-1
62%
63
62%
23
106
132
13374
174
30%'
110
■•19%
7%
874
'17374 173 74
175
31
30%
64
64
*22%
22
1574
377 b
8274
87b
83
v
*108
7
67b
Apr
July
267'a Jan
r
874
82%
174%
174%
.30%
4
64
607 b
774
37 74
157a
*60
774
*131
13374
*131
133
8%
82%
83
18
967b Sep 15
4374 July 10
60
38%
*37
37 7
"
6074
*774
774
774
36%
*131
8%
*82 %
774
3674
167b Sep
7
1,300
29
60
16
*5974
133
*130%
61%
15%
60
36%
2
U70
Corp— No par
Amer, Agricultural Chemical No' par
-10
American Airlines lm>------
79
$ per share
share
63% Jan
500
7874
*28%
$ per
7374 Jan
400
*27
share
9 per share
'prriierr'eai—- --—100
Allis-Chftimers • Mfg_———, No par
,
300
2
15%
36
,
Highest
Allied, Stores Gorpi4——_ No'par
5,000
187-1
80
60
7%.
7%;
3374
1874
31
.
16
35%
x337u
t per
Par
200
19
60
60
Lowest
exchange
.3,000
7874
77%
61%
63
63
63%
63
*15%
•
Shares
•'4.
1474
96
31
32
*28
%
1.374
*93 7b
3474
34%
2
'
767 s
7574
29 Va
%
?e for Previous
Tear 3913
Lowest
Highest
Range Since January 1
new york stock
the Week
# per share
14%
957b
*1874
.
2
*31
78
*76
£9
174
3074
1%
2%
30
1474
957 a
96
*95%
$ per share'
$ per share
share
$ per
share
96
*95%
Sales for
Nov. 26
Nov. 25
'
14%
14%
'
Friday
Thursday
Nov. 24
Nov. 23
Nov, 2 b
Nov. !i<»
stocks:
low and high SALE PRICES
Wednesday
Tuesday
31
Jan
Dec
Dec
4 Tb
Jan
1474
274 Jun
.
Jan
B
37
*
177(1/
16%.
17 ?b
9
5^4
•57b
5%
974
53«
*9
9%
io7b
10%'
*10
..
6074
6174
22
167%.
177 b
*
t
—
,
u
.'.
.■
''
22
*58.
21%
8%
10 Va
9%
.10%
5974
587b
21%
57b
8%
10%
*21%
11
117%
*10
45
*4474
4574
157 b
15%
15%
15%
10%
58%
■
'
X
J
117 b
457b
1574
16%
15 3 a
16%
1674
16%
167 b
1674
16
16
25
25
24%
24%
25 T4
2574
2574
25%
7,000
8%
1,600
.
—
58
58%
180
20%
1,900
11
'
31%
31
317 b
9%
317b
1077 b
*1057b
974
1071 b
8%
*1057b
31%
*'105%
:
97b
8%
31
107%
9*
.
*44
15
4574
Tb
*29 7b
*104
32
110
1074
10%
*297b
*105
107 b
32
110
32
7b
*10574 112
*29
10%
10%
10%
1074
33%
3374
33 ?b
*10
874
For footnotes see page
2171.
10%
8%
*297%
•
*44
;
15%
•
*10574
112
*10
—-
10 7b
8
3374
33%
3174
87b
.*10574
1,000
,
900
3,700
112
•
—
4,360
.
107
32
*10
10%
33 Tb'
10
15%
*29 %
—-
500
8.500
16
257a
3174
—
10%
10%
33Tb
11
4574
15%
;
*1057%
«p.M»
,
25
•
—
^.4.
32
10%
10%
•33 74
/•
,
16%.
31
31%
*1057b 107
'
600
9%
93a
—
•
.
117b
117 b
*44%
574
20 3b
58%
22
*10
117b
;
8%
21%
.
22
45
10
'
587b
•
"
.
5
834
5 Tb
97 b
337 s
.
10%
300
4%
preferred—
Bangor- & Aroostook—
Conv 5% preferred
100
2
50
—.
574 Jan
3474 Jan
6
Feb
9
.——10
-No par
50
■
—.
5:
——
1
Bath Iron Works
Corp
Bayuk Cigars Inc—
-No
par
Beatrice t Creamery—
—23.
—;
_No par
$4.25 preferred--—1
.Beech',-Aircraft iCorp—v
50
Beech .Creek..RR-,
l——.
Beech-Nut Packing; Co—
.——20
Belding-Hemingway
10
3,100
Bell
3374
3,800
Bendix. Aviation——-,
Aircraft
Jan.
-100
:
Barber Asphalt- Corp—
Barker Brothers
5 7b % preferred^.—
Barnsdall1 Oil Co_
6
Corp„——.
_No par
1
12
574 Jan 13
Jan.
30
123
b Jan
18
14
157a Sep 21
-47 'Sep 20
" 1974 July 19
2874 July
'
.
27b Jun
47b Jun
13% Jan
4
7
7
.8
Nov.
8
Dec
137 b
Dec
674
Nov
337b
Dec
87b Jan
1274
Dec
487b
Jan
,
157b Apr
X23T4
Nov
'
26
Oct
20
Apr
24
,
117b July
l
WTni* 3fi
30'
237b' Jun
Apr
337b July 13
114
Aug 28
.
33.
36
.
147b Sep
,NoV. 26
,
Jan
63/a Mar
127b Jun.
May 27
337b July 19
xllO
Sep
9
2574 Jan 25
93
Jan 25
974 Jan
4
97b Nov 26
Jau
67b Jan
47b Apr
2474 Aug
x29
10574 Aug 12
Jan
77b
Apr
22
'
'207b Mar 22
233,b Jan
4 Tb
.
.
•
'
2474 Jan 16
974 Juri
t
7
617b-Nov
.
4
2
Apr
9%
67b May
974 May.
2874 May
Feb
11034 Jan
64
"
Dec
177b" Nov
'
39%
Jan
2163
CHRONICLE
COMMERCIAL & FINANCIAL
THE
Number 4233
158
Volume
Range for Previous
STOCKS
Monday
'
Nov. 20
$ per
33
*57
33%
%
15,
57
34%
15%
13%
31%
31%
29
29
34%
34%
%
•
*45%
12%
*8%
8%
8%
87/B
8%
8%
25'%
25%
25%
25%
25%
25%
:tiS
US
1
1
%
,
40
41%
i3
*
7
%
14%
14%
14%
38%
37
37
7%
7%
7%
114%
114%
'
116
116
*112
114'%.
5
,
5%
%
5
4 Vii
95
*92
45%
45%
46
7%
7%
7%
Borden
34 Va
341/4
2,200
Borg-Warner
—.
—
12%
40%
900
8%
8%
2,700
25%
25%
1,700
39%
.'
.
™
39%
100
39
600
%
%
900
14%
14%
1,400
20
7,000
90
20
44V4
45
390
4%
'
17
17%
*16%
38%
17%
18%
18%
18%
31
31
31
31
uo%
18
31%
*31
20
26
*105
25%
25%
*105%
106 Va
59
42
3%
57 Va
58%
57
57
40%
41%
41%
40
40%
8%
8%
27 Va
*27%
*3%
3%
3 Va
11%
11*4
11%
*11%
19%
66%
67
66%
66%
19 Va
19%
19%
*19
Jan
8
33% Oct
4
13% May
17%
Jan
Oct
1
Deo
30
6% Apr
45
30% Jun
7
900
California
Nov
Deo
20%
Sep
Jun
9'%
Nov
21%
NOV
26
Jan
35%
Nov
Apr
43
Jan
Alay
30
ft Apr
1
5
Apr
1%
Jan
7
1
%
Apr
10%
Nov
35
Jan
2
1% Mar
18% Jun
8
42% July 23
28% July
Jan
12
10% May 6
118% July 27
14%
Oct
Dec
8%
Jan
112%
Jan
20% July 10
7
Apr
*103% Alar
4
9%
6
Jan
2%
Jan
8
9% Alay 10
116% Alay 10
26
Apr
3%
Dec
47%
Jan
Jun
85%
Deo
7%
Oct
54% Aug 17
2
.
Oct
19% Alay
23%
Nov
147b Alay
20%
Dec
6% Alay
2% Jan
75
5% Jail
18
4%
19%
9% Jan
Jan
16
19
9
Apr
6% Alar
7
2
6
Oct
6%
Feb
21% July
37b Jan
2%
5 % Apr
18% July
83% Apr
2% Jan
65% Nov
24%
Feb
■
Feb
Nov
44
Sep
1
29% Nov
Oct
3%
Jan
10% July 15
,
~9%
Jan
Sep
,
20% Jan
15% Alar
Jan
2%
40
16
Oct
21% Jan
6'i
4
3
Alay
49
Jail
41
25
109% Oct 26
15% Jun
7
Alay
% Jan
9
5% Sep
11%* Sep
16 % Alay
5
35% July 19
31% Jun
7
20% Jan
105
1
187a July 16
10% Apr
29 % Apr
Nov
24Va Jan
25
31%
7%
Mar
%
6% Jan
600
Oct
Mar
15% Jan
5
7
2
16
100
3%
xl5
Nov 12
44
July 14
44% Alay 21
16
13
Jun
1
12% Apr.
Jail
28%
25
37% July 23
8
4
22%
Jan
1%
3
7
Jail
18% Mar
19%
July 14
39
9
"14% Jan
18%
*661/4
40%
3
66%.
1,100
Apr
44 % NOV
25
11 Va
20
*39
19%
11
1,600
30%
'76%
18%
11%
3%
10%
July 15
104'% Jail
190
3%
10%
67
06%
67
'-05%
"
200
28
*27
51
Jan
7% preferred—100
10
5% conv preferred
,-30
Butte Copper & Zinc
5
Byers Co (A M)————l
No par
Participating preferred
—100
Byron Jackson Co
No par
3%
Feb
2
14% Nov
par
preferred
95%
6% Jan
—No par
No par
Butler Bros———
May
8
Bush Term Bldg
90
2,200
8V4.
Va
8
27%
*3%
3%,
50
58
39%
39%
0%
27%
28
6 7o
72
29% Jan
'
800
July 29
% Oct 27
Burlington Mills Corp
,
1
5% preferred ——
100
Burroughs Adding Mach—_-Aro par
Bush
Terminal—
——1
4,400
35/'«
*56
8%
8%
8%
27 7 a
233
lb
m%
"3
3%
*3%
58%
3%
8%
8%
*27%
4,300
12
3%
3%
40%
25%
96 %
16
13
Deo
Alay
9% Jan
-1
Bulova Watch—
106%
11%
3%
.
*57
58%
*40%
11%
12
11%
300
*105VB
12
No
;
Jan
43
25
37% Jan
No par
—
Deo
Jan
A'o par
Forge Co
Jan
21%
13% Alay
6
20% Jail
100
Bullard Co
2,300
18
30%
25
s
25 %
106%
12
3%
3%:
3%
25%
*105%
11%
12
12
,
25%
106%
25%
,
-105IS 106%
Buffalo
200
18
31%
Wheel
Budd
•"
30%
18%
18
*30%
'/'•
17
16%
17
4.300
7Va
6%
r'/ii
7 Va
*16%
17
—
12
75
8% Nov
5
—100
—
Mfg—
preferred--—
S5 preferred —
(EG)
Apr
July
9
i'1
Jan
8
Nov
33
14%
11% Jun
56% Alay
20
Jan
Jan
Sep
53
11% Nov
;
_
5
21
28% Jan
par
7'h
1
115
4%
45%
Co.
No
preferred—
Budd
90
5
95 %
"
*16%
Bucyrus-Erie
7 7o
*112
115
'
7%
V2
x7
,
Bruns-Balke-ColIender„
800
16 Va
19%'
13
2% Jail
No par
5
No par
No par
No par
Brown Shoe Co__.
400
38
*16
Apr
21% Mar 30
2
263a Jail 13
No par
300
*36%
7%
45 %
7%
7%
7%
1,200
lit
32
'
4%
46
'
Deo
14%
July
July 24
Jun
19
100
22% Jan
& Maine RR
Briggs Ss Stratton—';
Bristol-Myers
Co—
tBrooklyn & Queens Tr_
fBklyn-Manh Transit
Brooklyn Union Gas
Jan
29
19% July 14
9
17
Brewing Corp. of America—.
-15
Bridgeport Brass Co—
No par
Briggs Manufacturing——A'o par
1JI
32
15
*91
95%
45%
2,800
12%
40%
J—
121
Apr
.6
„
•
Sep
18%
17
Jan
54
49% May
105
38'% Jail
_5
Corp
Jail
15% Nov
(
5
19% Mar
85
(assented)-100
Bower Roller Bearing Co__
5
Branii'f Airways Inc.—
—_n..—2.50
100
35%
Co
Boston
1,000
—
16
*ll2
3
3
:.
1
.
38
5%
"91
95%
*45%
*92
4,300
"
5.
(The)
%
66%
6
41% Jail
1
.—15
;
Deo
12% Nov 26
—No par
Inc
Stores
Jan
8%
38% Alay
9% Jan 26
5
Class B—
Bond
28
Vc
*7%
7%
8
•.
24%
Dec
11% Jun
76
No par
class A
Apr
8%
121% July 20
13% Jan
—5
Co-—
17%
Jan
6%
5
3
Jan
16
par
Aluminum & Brass..
Amt Co
28%
—
7%
16
15%
15%.
15%
8
•:
32 Va
39
%
14
14%
38%
i
47
40
*36%
15%
38 %
*15'%.
—
25%
%
15%
10
50
-'390
1,700-
Bon
*35
1.3
Jlf
*38%
36
,
87a
40"
1
%
It
Bohn
*39% "40
*39%
:
2,400
•'
*40
'
41%
iV
*40
41%
41 %
40
*39%
—
12%
25%
41 %
43%
.31%
.—
■
41%
"40
•
;
—:
3'/a.
12%
12%
40%
—
36
8%
*39%
41%
*86
27% Jan
—No
Co„..„
Boeing Airplane
12%
88
No par
No par
5
28
69 % Apr
110% Jail
Bloomingdale Brothers
No par
Blumenthal & Co preferred-,
100
8.200
*46
35
*35
12%
,
•
~
29%
*3
3%
36
x40%
12%
41%
—
;
34%
.
30
—
28%
•
34%
50
94
12%
32
*34%
:
■
shan
per
9% May
46% Alar
Juil
17
54% Nov
100
Bliss & Laughlin Inc
100
18
15'%
94
uVo par
Steel (.Dei)
preferred
Blaw-Knox
*17Va
47
*31%
,
——
Bigeiow-Sant Carp Inc
Black & Decker Mfg Co
2.200
71/,
*
■
46
*3
3%
36
*40%
12%
42
500
13'%
88
34%
•"
—
.
*86%
34'%
36
36
12%
40 %
16%
Foods
7 ?o
*14%
95
88
29%
3%
16%
•'
44
•
31%* 31%
29 %
29%
34
3%
*33
*
31%
28%
'
700
—
•
—
*43%
45%*
'
=
35%
•
12%
13%
45%
31 %
'
*34%
'
44%
*87
45%
45
3
13%
88
88
46
400
x7%
14%
*.90
43%
43%
88
88
8,400
—
18
14%
95
'
13 %
43%
55%
116%
7%
*17
17
15 '/4
*90
"
16%
7%
7%
7%
17
43%
43%
*16%
*14%
96
*90
'
■
Bethienem
14 Va
"V'
35%
35
16%
8
13%
13%
35 1
16%
7
8% Jan
Best
55
116%
--
Highest
t
share
per
20
56% Jim
33
July
23
2234 Jan
Best
—',
S
share
per
17% Sep
13% Alar 17
par
54% Feb
300
4,000
14%
2No
Loan
1,
33 Va
.
15 %
15%
96
*93%
50%
uo%
17
*16%
17
14%
55 3 4
116''a
17
8
8%'
8
16 %
"
;
56%
$
share
pfd $2.50 div series '33_.Vo par
& Co
——J_,
No par
Pr
58
,*57
Indus
Beneficial
2,400
16 Va
S per
Lowest
.
*32%
14%
14%
•'
EXCHANGE
,
—'
58
116%
35
35%-'
*16%
16%
16%
*
"34%
35
16%
116'%
119%
*117
15%
14%
share
per
Year 194?
Range Since January 1
Lowest
Highest
STOCK
Par
Shates
per share
S
32%
32%
the Week
16%
56%
56%
56%
119%
317
33
'
15%
*15
5
15%
56%
:
16%
58
33%
S
share
*57
"57
33
58
*33
16%
16'/a
16% "
16%
16%
Nov, 26
NEW YORK
Sales for
Nov. 25
Nov. 24
$ per
share
$ per
share
per
58
*57
*
5
share
16%
Nov, *23
Friday
Thursday
Wednesday
Tuesday
Nov. 23
Saturday
PRICES
SALE
AND HIGH
LOW
Nov
Dec
95
Jan
10
25% Alay 20
10%
69 %
Jan
17
Deo
C
25%
55
"53%
55
*25
55
*53%
*54 V -55
-
%
%
%
%
6%
6%
6%
6%
14 %
14%
14%
22%
22%
'
35
*33
•f
14 Va
14%
14%
22%
X22%
22%
•'..22%
22%
*34
35
35
35
7%
7%
7%
7%
7%
42%
*41%
42%
41%
41%
7%
7%
*
4 Vu
3%
29
126 Va
*125%
126
*143%
143%
143'%
100
.',7%
900
240
Carolina. Clinch &
28
400
Carpenter Steel Co
Carriers & General Corp
3%
*121%
124%
143%
144
*143%
144
1,200
3%
125
144
^
4
-
.
600
180
'
42%
32 31
43
32%
32 Va
122
123
316
316
123
'
.
2,900
31%
1,800
*104
3 22%
122%
"
116%
10%
210
123
170-
115
*10%
116
116%
105
■
■122%
UVa
10%
,42%
31%
"*
31% 7 32%
'104
104
123
116
117
*116
11
10%
11
18
18
17%
17%
230
115
10%
10%
Central Agulrre Assoc
*18%
19%
18%
*2%
4%
*2'/4
2%
2%
2%
109%
37%
37 Va
37%
17%
"17
17%
*3.9%
03
62
63
19%
19%
107 Va
*107
25%
*107
24
44%
44%
44 3
7%
11%
11%
11%
4%
4 Va
16 %
16 Va
a
34%
*16%
i4%
15') 8
15%
15%
37%
*36%
*48%
50
*48%
*12
34
•'3 4%
15%
1 %
"1 %
-
*12
.
■
180
900
23
23%
44%
6%
6%
6%
5,000
11%
111/8
11%
3,700
45%
4
j
441/2
25
7;
.
3%
1,600
i6%
16%
14%
14%
15
14Va
14%
2,500
15%
*15%
16
15%
15%
1,600'
Chicago Pneumat
36%
36%
*36
38
100
37%
49
*48%
50
210
49
48%
13%
15
*12
13%
*14%
.
13%
*12
15
*14%
15
*14%
1%
'*1%
1%
.1%
*1%
1%
200
*26
77
76
14 %
14%
"103 Va
51
51
63
104
6%
8
*33%
34%
*25
76
*103%
50%
50%
6%
*135
145
80
*72
80
*113
114
105%
*105
105%
93
53
*92 Va
93
53
*92%
*53
34%
24%
113%
,
.,
(i '4
34%
28%
*25
28%
75
76%
74
74%
5,700
14%
*14
14%
1,100
14%
*103 Va
*50%'
6%
*32%
6%
33V4
80
105%
105 V2
113%
38
*105
93
*92%
"52%
54%
*52%
35%
35%
*92%
35%"'
34%
34%.
34%
35
35
34%
1137/a
35 Va
Cluett Peabody & Co
*112%
*144
24
24
*111
113
23 Va
106 %
25
113
25
*24%
111%
*24%
*111
23%
106%
111%
15%
14%
14%
14%
14%
11%
11%
12
12%
11%
12
12%
12%
12%
13%
13
13
14%
■
■
11%
11%
12
12%
11%
12'
23%
23%
23 Va
23%
23%
23%
23%
23%
*23%
23%
23%
23%
For
footnotes see page 2171.
150
10
*112%
145112 Va
22%
114
300
60
65
65
66%
23%
23 Va
23%
106%
*106 Va
107%
24 %
24%
*111
4,800
120
'
113
Preferred
Coca-Cola Co
.
106 Va
23
24
24
113
«111
300
^
10
Class' A—
(The)—;
1
15%
15%
*14%
15%,
2,400
11%
10%
11%
910
13
12
12
510
4'Jo
non-cum
11
11
11
670
4%
non-cum
11
23%
*23
23%
23%
.
23-%
23
3,000
23%
600
No par
No par
1st
preferred—100
2nd preferred—_ 100
Columbia Br'd Sys Inc cl
'
*23%
—
No par
No par
100
Colgate-Palmolive-Peet_.
No- par
$4.25 preferred—
.—No par
Collins & Aikman
A'o par
5% conv preferred
-100
Colo Fuel & Iron Corp—-No par
JColorado & Southern—
100
*11%
13
stock——_—50
1,600
145
106
Special gtd 4%
34%
112%
22%
To
341/2
148
*65%
54
Climax Molybdenum—
113%
106
*52%
4,800
*145
93
93
Equipment
No par
O. O. C. & St. Louis Ry, Co
100
5 % .preferred—,'—100
Clev El Ilium $4.50 pfd
No par.
Clev Graph Bronze Co (The)——1
5 To preferred-—
100
Clev & Pitts RR Co 7% gtd—50
Class B
A-—-2.50
2.50
Apr
29%
Deo
82
Apr
97 %
110
Apr
Jan
4
1
77
23% Jun
16
7
90
Aug'27
Jan
12
18% Jun
2
23% Jun
7
•Jan
7
8% Nov
Mar
1%
5
Jan
1
.
Apr
1% May
3% Mar 12
111-
4
Aug
NOV
Deo
.120% Jan
97%
Deo
8%
Deo
July 16
21
2
Apr
6Vs
5
14% Apr
Jan
11
Jun
2% Apr
23%
Jan
2%
Nov
.110
Jan
3%
Oct
13
Jan
3% Nov
Sep 21
82
July
104
Apr
8
27
Jan
35
2
7% Jun
4
8
72% Oct
29
1% Apr
23% Jan
115
A-Iar 19
Jan
Jan
41
14
Jan
5
24
8
108
13
34
2
50
Deo
Oct
3%
Nov
32Va
Deo
19.
Jan
15%
Sep
14%
Jun
93
July 22
5%
Apr
Apr
July 23
27%
Apr
9% Oct
36% Jan
% Apr
2% Jun
2% Deo
8% Nov
19% Apr
Nov 26
6
July
8
May 17
-
18 V 3
Oct
100% Nov
9% Alay 11
17% Alay 13
2% Jan
7% May 12
1%
Jun
2%
2
8%
Jun
13%
Sep
4% Jan
7%
Nov
Aug
17 %
Jan
33
Apr
39% Jan
47
July
21% Jun
10% Jan
15% Oct 29
Jail
6
2V
15% Jan
36% Nov
24
48 Va Jan
6
12
11% Jan
13% Jail
4
1% Aug 25
24% Jan 30
67%. Jan
10% Jan
—No par
100
Clark
15
July 22
128% Sep 14
120'; 2 Sep 27
103
3%
7% Jan
25
5
100
—5
36%
*112 Va
66%
30
preferred
Deo
40% Jun 25
7
26
54%
28
28% NOV
2% Jan
Tool——No par
351/2'
113
106%
500
*92 %
54
148
65%
38
105
6%%
42%
8% Jan
conv preferred
No par
pf..(82.50) cum div—No par
Chicago Yellow Cab—
No par
Chickasha Cotton Oil
10
JChilds Co
—
No par
City. Investing Co
City Stores—
*
Apr
33% Jan
$3
36%
113
66%
40
113%
38
105
93
*145
106
80
105%
114
*65%
22%
150
38
152
*66
200
*72
113%
*145
66 %
32%
'
•
36
4,600
*135
80
38
6V4
32%
150
113%
240
"
6%
*72
,52%
52
52
*135
40
104
104
104
30
18
Pr
Co——
Chrysler Corp
City Ice & Fuel
Deo
July 19
54 Va
99% Jan
5%
Chile Copper
*25
150
*37 Va
55.
35%
35%
.
*72
39%
*37%
.
*34
34%
34 Va
*135
*72
*105
52
6%
*112% 114
38
104
*50%
6%
145
38
14%
14%
14%
104
*135
■
76r)ii
76%
76%
14%
104
27
*25
27
130
17
50
16%
*
27
RR Co,
Chicago Great West
2,800 '
Deo
Jan
32% Jail
40
A
73
117
3
preferred
—100
Checker Cab Mfg
r—
5
Chesapeake & Ohio Ry——
-25
Chic & East 111 RR Co
No par
Class
Apr
July 13
98
6%
16%'
3%
4
6,900-
Oct
144
x33
preferred—
——50
Chicago Mail Order Co.,
—5
,
*12
a
1%
*1%
107V2
16 Va
/
48
14
14 7
107%
1
IO71/2
Jan
132
3
No par
No par
Co
15%
15%
50
'
Champion Pap Si Fib
14%
i
38
"14%
Chain Belt Co
100
89
Deo
1
3
Copper—,
16%
14%
"36%
600
Apr
Feb
4% Nov
77
13
Century Ribbon
*36%
3 6.%
14%
4
4%.
650
17
2,200
19%
44%
11 Va
11%
11'%
11%
4
60%.
5 Va
33%
22% July
2% Alay
1% Jan
97% Jan
Preferred
1,500
37%
Apr
97% Aug 31
2
8% Jan
16'% Nov 26
16% Jan 12
No par
17
37
29% Alay
1% Feb
32
6
46% July 22
Deo
Aug
'7% Nov
31% Alay 29
5% Apr
6
96 Va Feb
Central Violeta Sugar Co—
Cerro de Pasco
2f
15Va
33
•
7
119
Mills.——No par
100
No par
Certain-teed Products
:—1
6 % prior preferred
—100
*18%
6%
•
7
6%
7
6%
6'
25
46%
100
18%
107 Va
25%
45%
6%
Jan
8
95% Jail
Central .Foundry
59%
.
17%
18%
107%
24%
46j/2
1,200
114
5
61%
*17
19 Va
24 Va
4
%
18%
*36%
5%
60
17 %
*19
*19%
107'%
5'4
100
500'
8 Va"
6%'
*110
37
5%
62
61%
17%
17%
%
"23%
"307
;
■'
7
114
37
37 Va
5 Va
5%
5Vtt
5%
5%
63
18%
*110
115
37%
37%
8%
18%
*6%
7
107%
109
Vt
18 3 4
18%
*6%
*110
115
*110
115
18'4
7 %.
*6%
7%
"0%
19 %
19
20 Va
20%
mo
9
9%
"
9%
108%
109
9%
9%
9%
9%
9%
*108%
109
'
3%
7
8
Jan
26% Jan
Co__——.——1
Central 111 Lt 4% c'o preferred—100
tCent RR of New Jersey
-100
19 Va
2'%
—
—
Dec
47% July
9% Apr
2
40% Jan 21
20
1,400-
.18%
2%
109
preferred
1,200
19%
2%
5 %
16% NOV
Apr
27%
Mar 31
77% Jan
—-No par
Celotex Corp
Jan
9%
127% Jan 21
'-100
100
7% prior preferred——
7% 2d preferred'—
Jun
11%
3% Jail
Caterpillar Tractor—
No par
Celanese Corp of Amer__
No par
5% series prior preferred
100
18%
18 Va
19%
110
—
5%
7
25% Jan
'-100
—100
Co__
1,060
18%
2%
(J I)
Preferred
7
11% Alay
Jan 25
x85
-5
-1
17%
16 Va
38
*109
1,800
'
20
18
519%
•
*1G4,
1.22% 122%
305
105
41%
43%
43
43%
32%
*32%
105 V
105
105
10%
43%.
43%
32%
42%
Case
4 % Jan
Nov
1% ,Jan
7% Nov
38
36% Jan 21
40
—10
—
95
28
13
6% Feb9
Ohio Ry—100
95
125
4
125%
$3 preferred A
44%
*43
1
28%
*3%
4
*143%
144
42%'
Deo
53 Va
Jun
9% Apr
•
29% Jan 23
Ry
Southern
22%
Apr
%
24% July 14
9
13% Jan
Jan
50%
1
19% Apr
9
Nov
14
Co—100
Canadian Pacific Ry>.
;
25
Cannon Afills
No par
Capital Administration class A—1
Canada
15,200
7%,
71%
95 Va
Va
95
*28
125%
"
.
V"
,
70
*6%
44%
*43
95%
*28
4
125 %
*4
44%
*95%
■"
28%
28 Va
29
29
*43
,
95%
95%
95 Va
95!'«
44%
*43
44
■■43
1,900
Copper
16%
Alar 27
1% Alar
2.
6% Nov
Campbell W & C Fdy
—Na par
Canada Dry Ginger Ale.
—5
Calumet & Hecla Cons
*41%
7%
7%
7%
7%
>"•'■
43
:
7%-
Va
6
■
7 Va
.
*41
22Vu
-
*34V2
V
35
7'4
7%
"41%
Callahan' Zinc-Lead
2,700
Va Jan
July 13
56
52% Jun 24
;
1
5
2,900
4,300
36 Va
21%
•
35
Va
6%
.
30 Va
7
22% Jan
par
14%
14
14 Va
No
preferred——————50
5%.
20
'
61/2
6%
14%
55%
.
%
%
6%
6%
;
*54'
%
%'.
%
6%
,22%
25%
25%
25%
25%
55
25%
25%
Packing
96% Jan
27
Feb
7
2
4
10
2% Ja'n
.
13
32% Oct
13
123
67
Afar 17
Feb
109% Jan
2
4
28% Jan 22
101% Jan
7
84
Jan
23
50
Feb
6
33% Nov
18
142
88
41% Alay 20
May 27
15% Apr 30
54
13
Jun
4
Nov
Jun
13%
Feb
8
20
Alay
43 %
9
Sep 27
July 15
2
141
108
Aug
Apr
3
Jun
Nov 11
120
Dec
7
Sep 22
92% Sep 29
54
99
34
Jun
74% Jun
13
Sep
Jan
70% Deo
1.0% Aug
Mar
23
116% Aug 10
40
Nov
3
2o
Oct
Va
7
39% July
2% Feb
Alay
32
8% Jun 25
Jan
Jan
92
53
67%
39% Nov
125
Deo
72
Mar
Apr
107% Jun
22
May
95% Alay
112% Nov
31%
102
May
47
Deo
Deo
84% Alar
77% Alay
50
Jan
Jan
48% Mar 30
32%
Apr
44
July 20
25%
Apr
36% Jan
40
68 %
Sep 21
July 14
Oct 13
10
July 17
July 15
Oct
6
July 14
Sep 25
Sep 25
Sep 25
July 14
July 14
24% Sep
.109%
283 8
Jan
13% Nov
19%
2% Jail
19
3% Jan
19%
Jan
17%
3
UVa
UVa
106
114%
108
Jan
Jan
Dec
15% Aug 18-
123
17% Jan
52
8%
1
85% July 15
153
11
16% Jan 11
103% Jan 12
12
4
32% Apr
4
Jan
62% Jan
10
3% Alay
12
Alay 13
33 % Jan
a
fipr
Jan
15% Jan
24%
15'% Jan
24%
.
149
Nov
56% Mar
92
Nov
55%
63% Jan
17% Nov
139
Jan
Jan
11% Alar
97 %
Apr
107%
18%
10% May
May
98
108
13 Va Alay
■
%
Apr
May
1
'« July
Deo
Oct
Deo
13% Jan
4% Sep
5% Sep
Sep
.5
8%
Apr
16% Dec
8%
Apr
13%
Dec
I
LOW
Nov. 20
S per
share
per
4 >/8
share
74V4
S per
$ per share
S per
share
3%
4
*69 Va
69%
69 V2
74 Va
73%
74
73
74
1,300
6%
*68%
*86
88
*86
69%
69 Va
69%
69%
69%
100
5%
86
87
87
86%
600
2,200
100
88
.
•
17%
16%
17%
15%
86 Va
1G%
39%
86
*37%
39%
*37%
39%
17
17%
17%
*37
38%
371/2
37'/2
17%
*37k
36%
371/4
'38%
36%
36 Vb
36%
36%
37
106 Va
»104i/a
106 Va
*104'/a
106 Va
41'A
40%
367/a
*
104 Vb
41
76%
74%
24 %
24%
24 VB
24%
25
*8%
9
*8 »/4
21%
24
9
9%
*8%
8%
*8%
21%
21%
24%
24 Va
24 VB
24%
3%
3%
21%
22 VB
103%
103%
103%
103%
103%
2%
2%
2%
•2%
22 Va
103%
103'%
103%
103%
*2%
2%
2%
2%
15%
15%
15%
*61/2
6 Va
6%
6%
*6%
6%
25 Va
24%
25%
22
26
25%
10%
11 Va
10%
11
10
10%
19%
19%
19
19%
18
18%
10 %
10
10'A
10%
10%
14
13%
14
10%
.'13%
13%
13%
*44
103
19%
,-7%
109 Va
110 V*
8
8 '/a
■
20
20
19%
19%
10%
11
11
44'/a
44%
; 44%
44 Va
44%
45%
47/b
5
5
30%
31'A
30%
31
25
25
25%
8
110
8%
110%
25%
110
11%
*11
10%
*50%
51%
15'A
15VB
15%
15 %
15%
43%
43%
44
44
44%
43%
571%
57
56%
57
56 VB
178%
178%
*177
178
4%
'4%
1%
19%
*1031/2
20%
1
Va
95
.
.
*20
20 Va
15%
i5%
900
Crosley Corp (The)
26%
26%
900
Crown
Cork St Seal
No par
*46
46%
46
46%
45%
.45%
300
46%
*15
15 Va
15 Va
15 '/a
*14%'
15 Va
15'A
1,600'
95 Va
95%
*18 V«.
11%
,
95%
95 Vs
95%
32
10%
70%
700
5%
16 Va
440
Cuba
Ill/a
-
42
*
23%
22 Va
23'A
'
105%
108%
4%
42
42%
42%
42%
6%
6 Va
6%
15%
16%
16
200
90%
42%
1,000
67/a
20,400
15%
7,900
16
*109
125
*109
*130
143
*130
143
143
*130
143
*130
143
20%
7
20
20%
20'A
21
*6%
,
*20'A
20%
Va
pfd
No par
1,800
6%
100
-No par
Inc
Cutler-Hammer
6 %
6%
*6%
6 %
*6%
.
6%
'
24
18 Va
24
*18%
13
12%
12%
12%
12%
12%
12 %
12%
13
111
110%
110%
*110%
*110%
*22%
23
*22 Va
*
*110%
111%
22%
*21%
223/4
22
22
200
Decca
35%
36
35%
35%
4,500
Deere
&
34%
34%
341/4
34 %
'*33%
34%
700
*17%
18%
*17%
14%
13%
53/4
5%
35%
*34 Va
34%
18
*17%
18
18
18
14 Vb
14%
14%
5%
6 Vb
14 Va
6%
5%
6
6
.
*29
*30%
13
30
20%
*31
32
42%
*41%
42
29
13
12%
123/4
30%
99
98%
98%
,30
,/98
*97
99
2
Diamond T Motor Car Co
Distil
500
5%
Dixie
Ltd
Corp-Seagr's
No
par
100
preferred
Cup Co
Dome
Mines Ltd
No par
Douglas Aircraft
No par
12%
7%
112 Va
7%
X2 Va
*2%
*11%
%
Dow Chemical Co
No par
1,700
Dresser
No par
900
Dunhlll
*118
<
*11%
139%
139%
139%
141
140'/a
141
4,300
128
128
126%
127
126
126
400
117
117
117
117%
117% 117 %
*153%
IIVb
35
6%
10%
IIVb
35
35%
'35
6%
6
6%
6%
6
154
*153
154
154
154
181
*179
183
179
179
37
37
181
37
36%
37%
Va
,
,
,9%
3%
,
20
37%
38
1,300
*16%
17
300
34%
30%
57 Vb
108'/a
*107%
1,500
Electric
Auto-Lite
5,200
Electric
Boat
1,200'
Elec & Mus Ind
4%
11,100
4
r
8,800
$7 preferred
82%
4,200
$6 preferred
38%
38
38%
1,400
Fi*"tric
Storage
30
600
El Paso
Natural Gas
57%
100
Endicott Johnson Corp
30%
*30
30%
30
*56%
58
56%
56%
107%
107%
108
*107%
'
30
57%
*
30
*56
107%
108
107%
330
6,600
7%
7-%
87%
88
86%
87
8'%
83:%
430
"88 %
89
89
87%
87%
86 %
c-^%
370
92%
92%
92
92%
92
89%
89%
260
ft
16
%
5,400
7%
*7%
88
*86
footnotes
see
Battery
86
81%
38 Vb
oa?e
2171.
7%
7%
7%
*89
7%
—
.
7
%
%
%
Va
'
...-
16
96
Feb 26
84
Feb 10
157/a Jan 4
119% Nov
57/b May
9 Vb
Jan
18
Jun
25%
Jan
8
80
Jan
95
Oct
140% Oct
28
44
Jan
81
Nov
26% Jun
29
12%
Jun
18
Oct
4
Dec
7% Oct
2%
Apr
Mar
15%
3%
17
Jan
5
Jan
9
Jan
2
19
Jan
20
116
Jan
11
24% Sep
Jan
12
.
Jan
17%
Jun
8
Aug
12% Nov
Jun
19
102
Mar
Jan
5
Jan
2
20% May 19
43'
5
22% July 14
Oct
Jan
110
Apr
10%
18% Apr
25% May
9% Apr
27%
Dec
30 Va
Nov
47/a
July
36 % July
5%
preferred
Engineers
Public Service
$5 preferred
preferred
$6 preferred
fEquitable Office
83% Jan
10
Jan
38% Feb.
22% Feb
15% Jan
45 Va Nov
Jan
7
2% May
14%
Apr
13
2
18
20
20
24
—
$5 Va
Bldg
3
50
100
1
No par
No par
No par
No par
2% Jan
54
Jan
Jan
7% July
July 12
32% May
May 20
Dec
13 Vb Nov
11%
Oct
4%
Jan
18%
Jan
16%
9%
Feb
22%
Dec
87
Nov
9%
Dec
29
Dec
Apr
26
Dec
11
8
Apr
16%
Dec
4
51
May
70%
Oct
May 28
95
Apr
134%
Dec
25% Sep
73 Va May
153
35%
Jun
1
9% July 16
13% Apr
122% Oct
8
29
159% July 15
Aug 11
130
121% Sep
2
IIVb Nov
13 Vb Mar
8
Oct
8
Jan
Nov
112
Feb
July
144
Jan
120
127
Nov
118%
Dec
Apr
111% Mar
34
Dee
16%
Apr
2%
Jan
4%
Apr
151%
Dec
180
Nov
170
May 19
108
184
Jun
8
170
Mar
45% July 15
26
May
Sep
120
102% May
Vb May 28
19
Dec
7
10 Vb
8
39 Va July
16%
Apr
2%
22
44% July
36%
Nov
Dec
11
Oct
15
Jan
2
20%
Jan
303/4
Dec
20
Mar 30
9%
Dec
133/B
Jan
5% Mav 10
ft
Feb
17/b
Nov
6% May 20
%
Jan
1%
Nov
17%
Apr
15
Apr
323/4
Jan
29
Jan
34%
Nov
19%
Apr
263/a
Feb
49%
Dec
14
4
4
7
4
5
8
70
16 Va July 15
Jan
2
Jan 20
Sep
2
Jan 19
117/b Feb
8
30Vb J->n
4
8% Nov 26
57% Jan
62% Jan
% Jan
16% Mar
16
45
3%
146%
xl73.
35
Jan
5
Jan 20
Jan 20
Jan
2
23'A Jan
7
49% Jan
5
106 % Nov 12
26
Nov
33
13
1%
31'A
28 %
33%
6% Aug
35% Oct
99
122% Nov 26
lb
Jan
8
5% Jan
5
9
Jan
4
115
Jun 24
134
Jan
5
125% Jan
8
117
Nov 19
31% Jan
8
15
May 10
17
87/b Jan 20
21 Vs Jan
8
1% Jan
No par
No par
No par
84 Va
85
38%
5
No par
89%
84%
84'/a
2
Light
88
38%
1 H
Electric Power St
4%
;
100
4
3
89%
4%
par
shares
4%
86%
9
Va
(The)
Am
88 %
92%
*92%
Eaton Manufacturing Co
Edison Bros Stores Inc
3%
34%
88%
7%
88
88 Va
F
4V8
No
Co
preferred
9
34%
_
89
7%
*86
cum
3%
38 Va
107%
6%
8%
85
*56%
'
Eastman- Kodak
5
Mills
3%.
30
30%
*56%
Rolling
9%
,3%
8
10% Nov 26
a
5
84%
38
1,900
6
16%
*38
87
38
.
100
1st pfd
5%
91
'
87
91%
86
3%
No par
Eastern
37%
9
93/4
3%
Duquesne Light
20
& Co
Eastern Airlines Ine
343/4
9%
3%
(E I)
Eagle-Picher Lead Co
16%
35
9%
*3%
4%
5
4%
34%
9%
9%
3%
90 %
35%
35%
36
36
mo
Nemours
preferred
1,100
400
'
de
$4.50
2,300
37
16%
*16
Du P
35
181
'
16%
316
16%
-1.534
30
154% .155
>177
No par
Corp
10%
,.10%
35
*11
*152%
181
37
11%
3534
*116'A
6%
154
*179
117%
*116%
35
G %
1
International
preferred
122%
*118
122%
*118
Duplan
12
140
*6%
Mfg Co
'
11-
*
1,900
7%
128
35%
par
No par
28%
139 %
35
par
No
Casting Co
123%
129
*127
—No
A
27 Va
*127%
139 Va
13!)
Class
Doehler Die
122%
12 Va
7%
*11%
12%
*118
122
*118
*116
*7%
*11 %
8
8
Oct
9'/a Apr
24% Mar 29
12
39'/a Aug
7,100
VI1%
Nov
20%
17
Apr
98
7
32%
Jun
3
45% Sep
Apr
4,300
7 5/8
Oct
13% May
97 Va Nov
Jan 2
6% Nov 24
15% Nov 26
Sep
Dee
18
21%
28%
2
33%
45Va',)45%
125
Jan
11
7% May 10
42 Va Nov
21%
7%
100
33% Mar
21%
28%
Feb
0
46%
124
90
6
21%
28
19
Jan
45 Vb
126
Oct
107
Jan
par
25
preferred
30%
28
19%
26
37
Match—
partic
30
125%
Mar
No
6%
30 Va
28 Vb
13
Diamond
30 Vb
126
10
Oct
900
28
Jan
26 Va Jun
Jan
510
126
13%
Jan
400
27%
8% May
37
15 Va
126
26
27%
293A
27%
Dec
25% Oct
21
43%
326
95%
Oct
43%
.
Jan
Jan
: 29%-
48V4
Jun
74%
14
14%
21%
88
10
37
433/4
21%
Jun
15
30
14%
46%
Jan
140
Nov
106% Jun
115
35% July 12
43V4
%
9
48% Apr
14%
22
Jun
7
43%
49
5
1
20
Reynolds A
43%
21%
11
12
&
*14V<
49
Nov
13% Jan
14% Jun
10% May 10
14%
22%
84
Jun
8% Jun
22% Aug 11
17% May
43%
50%
39% Nov
63
82% July 20
2
14%
22
Jan
23% May
July 15
2
43%
40 %
Sep
88 Va
Jan
14%
30%
12Vb
May
Jan
43%
30%
Apr
77
3%
16%
14 %
*30
10
6
8%
43%
30
26
50
Edison
Detroit
3,900
30 Va
*14
Jan
Oct
Mar
32
Jan
900
12
Xl2
30%
Nov
41
2
100
& Western
Dec
20%
27
Jan
100
30%
Delaware Lack
Dec
9%
Mar
100
12%
10
Deisel-Wemmer-Gilbert
fDelaware & Hudson
Dec
Nov
16%
Oct
38
8
10
26
29
12
14%
98%
Jan
5% May
14% May
12
Apr
Jun
12'/a
17%
42%
30
20
Preferred
10%
85
40
32
30 %
par
Nov
No par
*41%
12%
No
Nov
%
Devoe
*31%
Va
1
j.
Oct
3%
Apr
Detroit Hillsdale & S W RR Co—100
48%
29
31%
*97
10,200
8,300
f
Jan
108%
100
pfd
Co
1
J3
170
20
*45
29%
1
,98
98
42
100
5,200
5%
293/4
20
29 %
12%
13
29%
29%
29%
31 Va
42
18 Va
14
48%
19%
*45
48%
31%
30%
31%
*41%
42
5%
*41%
30
*30%
29%
14
20
*45
48 %
*45
%
19%
20
19%
20
48
(The)
Records Inc
35%
34%
19%
Dayton Pow & Lt 4%%
111%
35%
35%
*45
Corp
23%
24 Va
14%
20
Chemical
Davison
*110%
25%
14
111%
3,300
23
35%
*17%
12%
8
25
Corp
preferred
Davega 8tores
5%
24
*18
24
*18
24
*18
Dec
Oct
12
'
*6
'
,
58
179
159
2
17
2
1
100
Dec
Apr
Apr
2% May
21
99% Aug
6
17
;
37Va
31
30 Va Jan
1
A
51%
Apr
42 %
7
47
No par
$8 prefen ed
20%
20
20%
Jan
Mar
23%
45
Aug 24
Apr
22% July 14
8
2
Curtiss-Wright
Cushman's Sous Inc 1%
125
*109
125
*109
125
125
*109
*130
Jan
23 % Mar
No par
T_
I
preferred
Class
Now
12%
6
May 17
2Va May 22
100
Jan
1% Jan
100
(The)
$7 preferred
Prior
21%
Apr
61 Vb May
No par
preferred
4 Va %
Dec
Apr
186% Sep
4
18
5
Inc
60
C%
6%
Press
Cuneo
Nov
8%
Ape
17% Aug 20
10% Jan
30
Packing Co
Cudahy
Curtis Pub Co
15%
41%
43
100
100
preferred
conv
7,700
5
*88%
'
100
108
5
89
16%
*103
91
91
6%
105'A
2,400
22%
*22
47/a
90
23%
*22%
23%
*88%
5 Va
4%
5 Va %
106%
Sugar.
preferred
1%
22%
*22
22 Va
*104
5'A
,
2,400
*102
106%
91
16
16%
16'A
23
6%
6%
6%
23 Va
10%
100
100
10
preferred—:
preferred
RR 6%
Cuban-American
*113
*103
106%
108 Va
No par
Dec
4%
50 Va
53
11 Va Jan
4
81 % Jan
2
27% Nov 17
70
Nov 18
9% Jan
7
7% Jan
9
105
Feb
1
92 % Mat 20
No par
16%
42
92
42
*103
5Va
5'A
5 Va
92
106 Va
*104
$5 conv preferred.
70
10%
37% Jan
5
Jan
5
47
18% Jan 12
No par
.
Zelierbach Corp
Crucible Steel of Amer
18
*113
*21%
22
5,100
72
11
*113
23'A
108%
31%
10%
11%
*21%
95
32
18
*102
23'/2
320
95
$2.25. preferred
Crown
17
71%
17%
llVe
106 V2
11
*70
32
71
18 Va
*113
'•*
31
31%
31%
72
18 Va
11%
9
No par
26%
Dec
8%
2
Apr
Jan 15
16
26%
28%
*2%
15
23% July 27
*15%
Apr
27% July
108% Aug 19
16%
Jan
27%
2
5
4
.27%
;
103 Va
Apr
14 Va Jan
16%
31%
*113
22
(The)
Cream of Wheat Corp
Dec
Apr
2% May
95
Jan
16'/a Jan
*26%
*71
18%
*104
preferred
16%
*95 Va
95 %
23'A
400
,20
conv
Oct
5
17
100
2
Co
5%
27%
.
*103
20
Crane
400
Jan
16%
5% Sep
2
2
15
72
72
20%
:•
96%
Apr
30%
25
1,200
.19'A
-
May
21 Vb
4
28
27/a Jan
U Jan
1
1
Coty
Nov
77
15% Jun
T—
-—
5,400
lVa
19
104r.;i04%
—
Inc
Coty Internat Corp—
1,100
4%
,
*1%
104%
20
177
*4%
27%
.
.32%
32 *
104
*20
700
900
Jan
-
37% July 15
510
56 Va
8%
9
Jan
2'A
2C
7% May
6
900
43%
Oct
49 Va Sep
15%
56%
3
82
36% Jun
7
2
7
8
8
2
*46
47
14%
14%
,
104%
20%
26 Va Jan
7
Jan
40% Jan
16%
27%
27%
*45
19%
104%
20%
16%
16%
•
19 Va
104 Va
104
104%
*20 Va
24
51%
19%
19 Va
96, Jan *5
110 Va Sep
Copperweld Steel Co
5
x9% Jan 7
Conv pref 5%
series—
50
45
Jan 6
Cornell-Duoilier Electric Corp
1
14% Oct 7
Corn Exeh Bank Trust Co——20 :V>' 37
Jan
2
Corn Products Refining
25
53% Jan 20
Preferred
-100
176
Jan
2
*175
19%
19;
2
Continental Steel Corp
1%
1%
1%
1%
1%
1%
1%
18 Va
7
600
4%
4%
4%
25
4 Va Jan
25'/a Jan
18% Jan
Jan
11% July
Oct
11% Jun
600
43%
177
*175
177
of Del
Jan
3% July
23% Jun
107
10%
56 VB
*56%
57
4%
8,200
Continental Oil
9
30
7
25
44
43%
*176
Continental
Apr
4%
Aug 11
6
10%
10%
50%
xl5Va
4%
6,700
16
*15
11%
50 Va
15%
4'A
Motors
2,000
4%
31%
Jan
% Nov
Jun
1 Va
46% Oct
*50%
11%
50%
15'A
11%
Insurance—,
46 'A
"*24%
Nov
94
27% Mar 30
—5
$2.50
1
5
No par
Continental Diamond Fibre
Continental
4Va
25
Jan
16%
Apr
%
16% May 10
20
2,400
'
'
7%
Apr
7
Jan
16
100
preferred
8%
Cqntlnental Can Inc
4,100
30%
50%
51
100
Sep
11%
1
Sep
Dec
78
x4% Jan
pfd—No par
$4.50
11%
46
*
4%'.
,25
7,000
—50
preferred
$2.50
Container Corp of America
,.20
Continental Baking Co——No par
31%
31%
11%
46
,
-
,
Apr
29% Oct 27
21% Mar 29
10
Nov 23
17% Nov 26
4% Jan 11
7
Jan 16
23% Jun 24
89
Jan
6
1
pfd
8
2"A Feb 10
10
100
25
—
6%
Cuba
of
Consumers Pow
190
800
8
'.
Preferred'
1,200
7
July 24
7% Jan 11
Consolidated Vultee Aircraft
'
6% Apr
24% July 15
105
24 Vs Nov 18
11,700
46%
Jan
83
2
No par
5
Corp
Consolidated
•19%
44%
4
Sep
109
5
Jan
21V8 July
25
Natural Gas wd_—>15
preferred
500
16,100
102%
91'A Jan
Oct
iJ
aa
3% May 12
6 Va
RR
Nov
Jan
76% Oct
Dec
10%
Jun
VB May 10
1
34
7 % May
July 14
16
19% May 12
Laundries
Consol
Jan
Jan
44 Va Jun
Va Jan 11
25%
46% '
51
*10%
$2 partic
1,800
.15%,
19%
32%
31'A
$5
Consol
102%
20
:?4%
24%
preferred
;
Film Industries
1,700
2,500
"■4
5
No par
No par
1
of N Y
Consol Edison
13%
11%
32%
10%
Consol
Consolidation Coal Co
10%
32-
11
-
Feb
13%
31%
32%
.
Dec
97%
par
—100
5
preferred—
Coppermines Corp
prior
Consol
31%
10%
24%
2
6
8
5
6'/a %
140
3,400
33
32%
31
10'A
90
3%
15'/e
12%
2,100
*
.
No par
9% Aug
10'A
*109 Va
110 %
*109%
110%
*109'/a
5
Consolidated Cigar
23
10%
8
8%
8
8Va
-
32
4%,
Jan
24% Nov
18
47%
Jan
2,100
10
102%
20%
Jan
10%
20
Nov
3%
177/a
102%
105 V*
18%
10%
*45 Va
20%
Apr
23%
18
45%
102%
103 %
102%
91 Va
Apr
10%
14 >/4
20
1
Apr
10%
14
107% Sep
Jun
18
-
Dec
1%
10
.
29%
12 Va
2,000
,.
Jan
17%
2%
6%
16 Vb
5
3,700
25
25%
'
102%
45
45
45
45
103
*
25
*15%
6%
*6%
7
12
15,200
.
Oct
Jun
44
Jun
103%
*2%.
15%
15%
16
*15%
.
Oct
Dec
July 20
3%
21%
3%
22 %
35
Jun
21%
3%.
3%
3%
22 Va
16
24
105
22%
3%
3%
22 'A
25%
21%
105
105
*104 Va
105
105
3%
•
Edison Co
Commonwealth
10,100
8%
*23%
Jan
July 9
11
8,300
i
24%
21
24
41
Jan
2,900.
.75
i
21%
105
105
105
105
21%
24
23%
21%
74
11%
5Va
84%
25
Nc
—No
Commonwealth & Southern—No
$6 preferred series
No
28,600
24%
*8%
24%
21%
si
75
■
Jan
19% July 14
Jan
45%
27
13%
75
Mar
7
par
par
24 %
Sep
Sep
51
1.7Va Jan
Invest Trust
Commercial Solvents
24%
29
21 Va Jan
2
V/a Jan 13
Comm'l
7,200
iff
75%
18
Oct
25
No par
7,900
13%
'8
30%
73
98% July 15
No par
40 Va
13
%
28
2
54
Congoleum-Nalrn Inc
106 Va
40%
13 %
11
2
Jan
Sep
Conde Nast Pub Inc
*104%
41%
13 Va
5L
2% Nov
5% Jun
par
preferred
conv
106 VB
40%
13%
11
10
share
per
104% Jan 19
29% Jan 15
9% Jan 2
-A Jan
2
36% Jan 2
4%%
*104 VB
41
74%
23%
Credit—
13
75 Va
21%
4,700
37
—No par
10
^-100
preferred
$2.75
Commeicial
1
2
S
77 Va Sep
79% Jan 13
9
Jan
7
30 Va Jan 11
25 % Jan 14
No par
No par
Co
Carbon
Pictures
40%
%
75
Columbia
1943
Highest
$ per share
share
per
2
37
41
13 '/8
13%
13 Va
17%
100
100
preferred series A
preferred
Columbian
Year
Lowest
l7/a Jan
40'/a Jan
No par
Elec
Columbia Gas &
13,900
3 Va
3%
$
$ per share
Par
Shares
share
4 Va
741/4
*681/2
Va
EXCHANGE
the Week
73%
74 Va
74
'
1
share
4
4 Va
4
4 va
$ per
Nov. 25
Nov. 24
Range Since January 1
Highest
Lowest
STOCK
NEW YORK
Sales for
Friday
Nov. 26
Thursday
Wednesday
Nov. 23
Range for Previous
STOCKS
PRICES
SALE
Tuesday
Nov. 22
Saturday
I
AND HIGH
Monday
Monday, November 29, 1943
FINANCIAL CHRONICLE
THE COMMERCIAL &
2164
'
92,
88
Nov 19
% Nov
427/b Sep
x32
Sep
19
20
9
58% July 17
393/4
Apr
Aug 21
107 3/B
Feb
30
1%
Apr
118
9% Sep
35%
Oct
112
3 Ve
Sep
27
Apr
66
92 % Sep
27
46
July
73
10
1
47
Va Apr
83
92
95
Nov
1V» Mar
40
ft
Dec
Jan
Jan
Jan
Jan
Jan
3/fl
Oct
2165
COMMERCIAL & FINANCIAL CHRONICLE
THE
Number 4233
Volume
Range for
STOCKS
Tuesday
Monday
Saturday
share
$ per
share
10%
10%
10%
10%
10"
10%
10
10%
10%
10
10%
46%
46 '/a
*45%
46
78
*76
78
$
sh.are
per
*76
46
78
78
10%
10%
10
21%
21
21%
21
—
83
21
2%
*
__
*2%
—
1,400
1,500
9%
20
20 Va'
—
10
4,300
6%
9%
—
.
400
45
6%
10
*2%
2%
2%
45
—
600
3
,
1942
Lowest
Highest
BVWar.
No par
No par
100
50
5
5
3
2.50
Erie RR common
Ctfs of benef lnt
5% pref series A
Erie & Pitts RR Co
Eureka Vacuum Cleaner
Evans Products Co
Fx-Cell-0 Corp
Exchange Buffet Corp
Previous
Year
1
$ per share
I per share
Par
1,600
15,400
9%
*76
—
Lowest
Shares
10
%
—
6%
6%
6%
6%
3%
9
46
78
10%
*3
3
3
46%
21 Va
21%
*21%
46%
*76
10%
,
97/b
10
the Week
$ per share
share
$ per
10%
9%
10%
6%
10%
Nov. 26
share
9%
6%
7
7
10%
per
Nov. 25
Nov. 21
$ per
S
Friday
Range Since January
NEW YORK STOCK
EXCHANGE
Sales for
Thursday
Wednesday
.
Nov. 23
Nov. 22
Nov. 20
HIGH SALE PRICES
AND
LOW
Highest
J per shan
share
per
16% May
4
4%
Jun
16 V2 May
4
3%
Jan
10
Oct
52% May 10
9
32 %
Jun
44
Jan
Dec
70
Dec
10 Va
Oct
Jan
9
39% Jan
12
68 Va Jan
18
78
Nov
24
70
3% Jan
2
9% Jun
8
1 Va
Jan
4'A
5% Jan
4
14% Jun
5
4
Ve
Apr
7 Vb
Nov
8
29% Mar 30
20
May
28%
Oct
% Jan
19
Jan
IV4
Nov
8
20
Sep
Dec
1
ii
Mar 26
27%
Apr
37%
Jan
19
Jun
29%
Jan
6
Jun
3% July
F
33
33%
33
33
32%
22 %
21%
22
21%
22%
22%
10
10%
9%
10
9%
14%
14%
15
15%
*14%
*103
21
21%
*20%
•'
*17%
*4%
4%
17%
.
4%
4%
22%
98%
98%
16%
16%
45%
38%
105%
105%
98%
'
16%'
17
'*16%
46
46
38
38'%
"
98%
98%
16
16%
46%
46%
46%
38%
38 Vb
38%
105%
105%
37%
38%
105 %
105%
105 Va
105%
34%
34%
34%
34
34%
33%
18 %
18%
18%
18%
18%
18%
108%
106%
106 Va
106%
104%
106 Va
*34%
35%
35%
35%
4£ Vt
46
12 Vb
*12
48
*45
*46
16 Va
*
116%
16
15
15%
19%
19
19
19
19
13%
14
13%
13%
13%
13%
17% Oct
25
Apr
13%
Dec
Jun
4%
Feb
1,100
6
3
Jan
Federated
900
4%%
320
$4.50
600
Florence
45
44
*12
47
116%
20
160
*18%
19
13%
*12%
13%
65
*60
70
30%
2,600
5
15%
Jan
7
No par
97%
Jan
11
109
No par
25%
Jan
7
No par
Jan
8
10
100
1
10
-10
19%
3%
30%
9%
39 %
10 %
No par
25
xll$%
1'6%
—No par
7% pfd—-100
.5%
56
30 Va
Corp
preferred
Machinery Corp
Corp
Freeport Sulphur
Co
10
Fruehauf
Trailer
Co
1
25 Va
25%
25%
1,400
108%
108%
108%
108%
100
300
3,000
108'%
Jan
2,300
31%
108 %
31 %
31%
25 %
26%
104%
No par
f'k'n Simon & Co Inc
31%
108%
100
6
No par
$7 conv preferred6% prior preferred
Francisco Sugar Co
27
108%
14
.
31%
*26%
Jan
jan
Co
Foster-Wheeler
1,500
26
26%
42
25%
43%
series a
Steel
conv
Food
200
15%
15%
,
14%
Apr
Food Fair Stores Inc
1,500
12%
*45.
*116%
57o
170
,
Jan
Dec
5%
13%
Jan
87 va
Apr
39% Jun
16
29%
Apr
22 vb Jun
43
Feb
39%
16%
Dec
2
9%
July 29
86
May
96%
Jan
Jun
10
15
Mar
27%
Dec
Jun
11
18
Apr
21%
Feb
3
May
5%
Jan
28
Aug
*
9% July 15
2
July 15
50
Jan
4
13% July
3
51
5
Jan
7
19%
Nov
12
140
Jan
5
21
Jan
May//4
11 Va
Sep
May
14%
1
Jan
42
Dec
12%
Apr
114
Jun vi2
May
36% Mar
27% Mar
9%
.
Jan
Nov
136
18%
Sep
Nov
14% Oct
Oct
13
Jan
2
5
Jun
10V4
28
38
Oct
45
38% July 10
16
21
75
8
Feb
May
Jan
8%
7
Feb
2Vb
1%
9'/b
19%
3
Dec
Nov
28
5
Jan
Dec
26%
105
36
Jan
96 %
No par
1
July 15
112% July 12
Jan
17
100
preferred
conv
Jan
Apr
preferred
Follansbee
1,000
6%
6
87
7%
Florsheim Shoe class a
26
*25
Nov
29%
Stores
Stove
74'/a
2
(The)
Co
22
28
1,600
Flintkote
8
98% Nov
19 va Jun
105%
40
18 V»
50% Jun
Firestone Tire & Rubber
1.400
Apr
8
Fidel Phen Fire Ins n y
18VB
11%
27
1.40c
preferred
25% July 14
jau
1,800
National
2
Jan
46%
6%
4
Jan
12 vb
Corp
37%
.
19
13
preferred
conv
Enamel
Ferro
1,500
16
6% Apr
Jan
'15
' 78 Va
No par
.100
1
$2.50
.,10
Dept Stores
Jan
3%
'
No par
Federal Motor Truck
31%
109 %
*108%
18
31%
31V4
31%
'30%
*60
67
*60
70
*60
Feb
106%
16
*60
70
13
18
47 %
*18%
19
5
*33%
—
116%' 116%
117
*116%
117
Federal-Mogul Corp
First
45 '
16
Jan
800
8
17%
1,300
12 V*
*46
24%
34% '.34%
45
12%
46
%
*116%
117
%
46
Dec
*105
—
12%
46
•12%
47
-
15
16%
*45
12%
"
19%
1
preferred
$6
34
6%
6%
6%
5
23
105%
26
*25
26
*6%
Jan
29% Apr
Light & Traction
Federal
H"
35
35
35%
46%
*45%
11%
106%
104%
*25
6%
6%
Va
6
6%
26
*25
26
*25
***
*
*35
93
13
46%
18%
18
Sep
Jan
:
37%
——
34
*34%
'
69%
20%
15%
,
*
;
105% July 27
2
97%, : 97%
J
Jan
19% July 13
7
Federal Mln & Smelt Co
4%
23
8%
2
Jan
300
*22%-
23
9
4%
*17
*
'•
800
100
*20%
4%
22 Va
46
*16%
46
%
4
11,100
May 27
j
11% Nov
21
104'
„
28
ti7/a
86
9%
15%
8t Co—
Morse
104
*14
17%
22%
98%
23
97%
21
17%
4%
22%
22%
96%
21
17 Va
42
6
21%
_15
No par
26
26
Nov
32 Va
9
21%
17%
4%
*
No par
Fajardo Sug Co of Pr Rico_
20
Farnsworth Televis'n & Rad Corp.%
J
15
104
21%
17%
17%
Fairbanks
4,600
-1-T
15
*103
104
104
104
21
104
103%
1,900
21%
9%
9%
10
15%
32 Va
21%
22 Va
Jan
Nov
32 V8
32%
22 Va
33%
33%
27
Apr
38%
10
15%
Apr
18
Jan
Aug 23
85%
Apr
97
Nov
10
1%
Jan
May 17
1%
Jun
Sep
31% Jun
110
12
Feb
May
Jan
g
3
4
-
*24 %
2%
2%
'
13%
24%
4%
4 Vb
4%
13
24%
24%
4
4%
:
-
12 5 m
51%
12%
12%
12%
12%
*51
51%
51%
51%
51%
51%
10%
9%
9%
*9%
10%
*106%
107
7%
.
7%
7%
General Cable Corp
11
10%
10%
1,100
82
81%
82
100
26%
.26%
300
11%
I17b
83
*82
84
82
*27%
2814
146
146
40%
114%
114 %
*114%
2%
2%
2%
2%
40
40%
2%
.
—
146
*144%
.
*112
115
*113
115
102
*101
115
101
101
*100%
101%
*100
101%
129
*128
130
49%
*37 %
38%
4%
*4%
4%
4%
4%
18%
18%
18%
18%
18%
18
0%
6%
6%
6%
6%
6
*106 "2
*106
108
1%
*1%
19%
19%
19 Vb
1%
*1
»lil
1%
*1
*1%
*
19
19%
*112
1
1
18%
*43%
46
18%
18 %
18%
18%
18%
18
18%
13 %
13%
13%
13 %
*13%
14
*13%
81%
82
82%
82
82
82%
82%
81 Va
22%
22%
22%
02%
22 "2
22%
22%
22%
18%
18
18
17%
17%
17%
17'/a
112%
*111
'17%
*111
*69
11%
12
11%
,
7%
8
70
*68
69
19
11%
Xll%
*84 %
r 84 %
84%
*84 "4
85%.
18 %
18%
18%
18%
v
0
.
in
in
2%
*2%
7%
*67%
11%
11%
38 Va
38
38%
105 va
105%
105 %
105 "4
100
1%
.1%
1 %
4%
4%
4%
*14%
15%
*14%
*9%
9%
9%
9%
33%
*33%
33%
*24
25
*24
25
8%
100%
100 Va
45
19 %
11%
1,500
200
Grand Union Co
Granite
14%
*14%
15 %
,14%
9%
*9%
9%
*9%
9%
400
9%
33%
23%
33%
33%
33%
33%
2,800
23%
25
*24
25
*57
18%
150
45
44%
11%
19
*11
11%
3%
3%
*133
6%
6%
23%
24
151%
150
58 Va
''■•>*51
■
.
•-
10%
4
3%
134 Va
n/,44%
44%
fmtll.-t
19%
;
4
23i%
4,200
Great Northern
24 vb
2,100
Great
160
150
134
6 Va
6%
134
Green
(h
6,800
300
4
700
"130
130
700
6%
5,100
5 %%
Guantanamo
32%
33
2,300
*5
4,600
Gulf
34
34 %
33%
33'/a
33
45%
45%
45%
45%
45%
46%
46
46%
45%.
27
27
nreferred
Oil
Apr
Jan
140
2% July
Dec
4%
Dec
2
Sep
3%
Oct
6%
Sep
9%
Jan
66 Va
Nov
90 %
Feb
4
16%
Apr
21%
Nov
Nov
3
5
120
132
Apr
Nov
1
21 %
Apr
30%
Oct
July 15
x23%
Apr
40 Va
Jan
23
111%
119% Sep
*
Nov
61
1
107% Sep
116% July
1% Jan
Apr
% May
6
2% Apr
21
118
102
Mar
64%
Jan
87
Apr
Oct
Apr
131%
Feb
7
56
July 13
30
Jan
44%
Dec
131% May
19
6 Va July
2
13%
8% Jun
5%
Jan
Jan
Apr
14%
Nov
Apr
107%
Jun
% Mar
%
Mar
31%
14%
Apr
19%
9
8 V4
May
9
55%
Jun
Jan
10%
101
4
July
15
2
July
91
2
11
23% May 29
4
25% Jun
14
2
74
Jan
15%
Dec
3
Jan
5%
Nov
61
x40% Mar
May 20
4
'
Apr
50
17
4
May
12Vb
8l6
Jan
1% May
6
%
Jun
6
1% July
Nov
5%
Jan
265% Jan
Sep
37%
3% May
Jan
Feb
Jan
22% July 16
Jun 22
Jan
Dec
7%
48
Jan
Jan
16%
110
28
85% Oct
Jan
20
May
Feb
Jan
Sep
14% Sep
Jan
10
101%
9% May 10
Jan
Jan
8
July
112
Oct
Nov
-
79%
13% Mar
10
24 vb Jun
4
23
17
23% Mar
5
109% May
%
Sep
59
28
Sep
ie
4
1% Jun
4
Jan
Nov
99% Aug
112% July 15
Jan
Jan
14%
3%
13
25% May 20
2
Jan
3%
2 Vb May 10
9
July
30
10% Mar
8
Nov
112
128
1% May
23
24% May 29,
25
Apr
Aug
122
6
18
Nov
39
7
;
•
Oct
Feb
44
V
** Jan
"2%
Jan
13
97% Aug 25
73
Nov
82
Feb
Sep
Jan
12
45% Sep
20
13
Jan
27
Dec
Jan
14
Oct
25
56
Jan
83%
Dec
Jan
8
41% July 17
10%
Jan
27
Jan
9
108% July 14
60%
Jan
90 %
Dec
Jan
11
9% Apr
29
1%
Jan
4%
Nov
Nov
5
Jan
81%
Dec
■ft Sep
1%
Nov
Jail
* 80
Jan
102
11
Jan
Nov
Jan
7% Jan
29% Feb
Sep
5%
6
Mar
8%
Dec
13% May 29
6
Apr
9%
Nov
37
Sep
7
22
22% May
32
Nov
25
Feb
26
19
Jan
2
2
23
Apr
1
13%
Dec
18%
Oct
32% May 10
Nov
July
18
Jan
21% Jan
15
25%
4
17
24% Jan
No par
x58
Dec
July 13
6% Apr
4
8
11
100
2% May 10
19%
Jun
25%
Feb
■27% Jan
153% May
65
Jan
11
63%
27
25
Apr
33 '/a
Jan
Apr
14%
Dec
50
Sep
4
21
May 27
Jan
4
13% July 16
Nov
9
17% May
Jan
2
Jan
19
44% Nov 18
25
25
10
No par
22% Feb 11
35
Jun
1
12V4 Jan 5
9Va Jan 18
100
104% Mar 13
Jan
July
19
2
Jan
Apr
50
Jan
12
143
130
Jan
Jan
28 %
Apr
8
10
Jan
22%
July
27
Sep
—-25
Corp—.
106
Aug 23
44 Vb
4
2%
81%
3%
v*
Nov
122
Jan
IO'/b
100
5%
July 23
Jan
No
preferred
—
Gulf Mobile & Ohio rr
Jan
3%
Nov
32% May
Jan
No par
Sugar
Feb
3
7%
104
137
Jan
1
8%
5%
34%
.,—10
preferred——
Corp
Grumman Aircraft
6%
45%
(The)
46%
Apr
98 Va May 19
2
57 %
31 Va
14Va
1
No par
Co Inc
l)
Grevhound Corp
Sep
3%
8% May 19
Jan
23 %
138
Bay & West rr
Mar
35
9% Jun
2
100
—
98
2
18% May 20
5
No par
100
Western Sugar
Preferred
Green
4
34
Ore
400
44%
33 Va
10
20
Prop—No par
Ry 6c« pfd—No par
Iron
Nor
40
58 Va
1,200
,
No par
No par
(w t) Co
preferred
Great
11
: <
:
11
5%
1,800
5,000
11 vb
?
Grant
& p
City Steel
15
19
11%
10%
Consol m s
Granb.v
23%
'
'
19
11
•
*57
58%
*11
6%
7
23%
*150
1
5
Graham-Paige Motors
7,100
4'/8
11%
134
100
Preferred
1%
11%
134
135
6%
19 vb
par
par
par
par
par
4 vs
45
46
No
5% preferred
-—No
Goodyear Tire & Rubb—
No
$5 conv preferred
.—No
Gotham Hosiery
No
Dec
Jun
151
Jan
1%
53
9% Jun
Jan
73%
24%
83
25 Vs
90%
4%
'l%
150
58%
1
4 Vb
14%
5
59
14%
41
a
100
Brewing Co
Telegraph Co
Goodrich Co (b f)
1%
23%
151
(Adolf)
60%
Gold & Stock
IGoebel
4 %
3%
4
80
preferred
1%
11%
11%
100%
i
(The)
Co
conv
1%
23%
18%
700
Gobel
—
4%
*23%
*11
7%
preferred
1%
15%
*45
■
$6
preferred
conv
4 %
.
23%
58 Va
58%
*134
*99%
15
23%
*3%
100%
23%
23%
.
*7%.
8V4
17%
23%
11%
104%
105%
*105'
24 %
23%
11
105
600
24
24%
19
7,100
17%
23%
45
35
17 Va
24%
58%
99%
34v4
*14%
150
800
98%
34%
17%
150
5,400
99%
*99 Va
*24
24'%
150
20
14%
15
*33%
17%
500
34%
7%
'
1%
1,100
2%
*2%
*99%
100
*7%
8
100%
4%
17
1®
1 8
1 «
38%
34%
'
4v2%
38 %
34%
7%
Glidden
100
89
38 Va
39
*99 vb
1,600
46
46
89
35%
.
17%
17%
87 %
100%
8
100
$5
87%
34%
100%
Gimbel Brothers
87%
38 Va
8
Gillette
1,700
85%
*84 Va
No par
No par
-No par
No par
No par
50
—1
Razor
Safety
4,700
1%
100%
*99%
7 Va
11
5
Co
Tire & Rubber
General
2%
39%
105%
1,000
70
*67%
.
11 %
100
11%
x7%
7%
70
Corp——No par
preferred
18%
18 vb
19
16 %
15'/a
108
14%
4%
20
Corp
Telephone
Time Instru
6%
112
1 it
100%
105%
Gen
*2%
1
38%
35
General
406
2%
»
100%
34%
400
17%
*112
47;
*46
47
22%
"
Feb
Feb
12
Jan
Nov
Jan
Jan
60
Cast $6 preferred—No par
10 %
2
51
9
28
14
Jan
No par
1—No par
1
General Shoe Corp
Gen Steel
*21%
18
18
400
280
*17%
85 %
*84
86
18%
13%
82%
j [j
27s
,
85
*83 Va
8
70
900
13%
82
*84%
*2%
.
84%
*82
*46
4Y-
jr.
1
14
>
*46
47
*46
«
18
*18 Va
%
18%
*18%
14
112
*111
112
19
19%
7 Tb
7%
7%
*111
112
19%
19%
19
*68
46
*43%
46
*43'%
200
Oct
Apr
11% Oct 25
' Aug 31
107
13
22
Jan
Jan
Jan
3%
51
53% Apr
39% July
Jan
Jan
Aug
July
Jan
21
8 Va
1
26
148
12%
Mar
xl04
Jan
%
Jan
31 Va Jan
15%
Jan
9%
100
1
preferred
Gen Realty & Utilities
$6 pref opt div series
General Refractories
1,600
43%
43 %
43 V.
Railway Signal
6%
1
*11
43%
Public Service
Gen
115
*112
1
Gen
600
13%
4%
103%
1
No par
10c
No par
preferred
$6
400
19
18%
115
General Printing Ink
>
1%
1%
1 Va
19 %
115
*112
115
*112
115
*112
*19'.4
100
10
Corp—No par
Precision Equip
Gen
108
*106
108
*106
Common
1,100
7
6%
7
Outdoor
2.10c
17%
17%
18
par
pur
No par
—No par
No par
preferred
adv a
$5
Gen
1,200
4%
4%
4%
6%
1
1
1%
19%
1%
35
par
par
General Motors Corp
200
34
113%
1%
93
83'/a
129
44 Va
125%
17v8
2%
par
—
900
34%
18
108
*106
108
16,600
126%
*34%
4%
4%
50
49%
126%
x35
38
50
127
No par
No
$4.50 preferred
—No
Gen Gas & Electric a
No
$6 conv preferred series a-No
General Mills
No
5% preferred-
10
130
100
Corp
General Foods
6% Jun
20% Jan
130% Jan
30% Jan
No par
General Electric Co
100
*128
100
preferred.
7%
250
112
bum preferred
"7%
'10
102
a
Jan
May
2% July
16
14% Apr
Sep
Jan
Sep
1
30% July 13
Jan
4
1 5% Jan
4
134
Mar 1
4% Jan 12
2% Jan 2
-7% Jan
71% Jan
No par
No par
General Cigar Inc
10,500
2%
>
*99 %
50 vb
49%
126%
38
38
*37%
50 Vb
126%
127
127
126%
50
50 Vo
49%
50%
126%
129
130
*129
130
*128
*126%
.
3,400
115
2%
Class
14,500
38%
38 vb
112
*113
•
347/b
114%
2%
115
*113
146
34Va
"
■
117
2%
2%
—
40%
39
*115
117
*144%
v—
35 Va
34%
40%
39%
114%
40
114%
;
*27%
35%
34%
35 %
34%
35
34%
Va
28
148
—
2%
2%
11
8
14% Oct
37
No par
_5
General Bronze Corp
83
28%
147%
*145".
6%
1,200
.
4 Vb
Jan 29
102
—5
5
preferred
$8
4,400
11.
*145
No par
No par
General Baklng-j
30
3%
11%
28%
1,700
6%
*11
148
7%
3%
3%
*28
7%
6V4
4
*145
2,200
4
4%
1
40%
Gen
3%
6%
•4%
11%
preferred—
conv
preferred
Amer Transportation
$6
5
—50
.
Gen Ainer Investors.
300
6%
6%
4%
82 %
600
4
6%
82 Va
5 % vo
260
; 9%
106 Va
40%
'—
147
147
Gaylord Container Corp.,
/51%
106%
No par
1
(The)
Co
Wood Industries Inc
Gar
500
13
97/b
—
„
5,700
Gamewell
4% Jun
Jan 11
2
6
11
12
11
15
4
Jan
Jan
Jan
Jan
9% Jan
51
Jun
6% Jan
-20
preferred
6%
*6%
G%
U
'
7%
'
147
147
'
'
40'/a
7%
'
106%
40%
40 %
147
*144
147
40%
7%
'
7%
106%
107
40 Va
40 ■'
40
7%
*106%
107
*106%
4%
6%
130
4%
*51
•
*9%-
10
*145
•
13
9%
.40
J
(The) cl a
Galr Co Inc (Robert)
Gabriel Co
600
24%
*24
13
*12
51%
*12
"
—.
'
%
13
13
13%
24%
13
25
4 Va
4 Vb
'
2%
2%,
•
25
25
'
2%
2%
3
13%
*12%
13%
*12%
2%
3
2%
3
*
2%
*2%
2%
2%
2%
2%
*2%
2%
10%
10
Nov
11% Aug
Mar
14%
Jan
3%
9 Va May
Jan
Jun
4
11
160% Jun
12
48%
Jan
5
2 Vb
Jun
4%
Oct
Jun
33%
Oct
5
10 vb May
1% May
18
41%
86
Sep
50%
H
*26%
27
*26'/a
27
*26%
27
*26%
27
*36%
37
*36%
37
*
105
37
*36%
37
*15
16
*15%
16
13%
*12
*36%
16
15 V4
*12
13%
*12
13%
108
For
footnotes
see
*105
108
*105
page
2171.
108
*
15 %
*12%
*105
*36 Va
15%
16
13%
108
-
*12%
*105
100
17
37
15%
100
'
13
108
Hackensack
_
-
—
—
Hall
Water
class
Drpferred
Printing
A—
Co
Hamilton Watch Co.—
6%
preferred
.
—
28% Sep
38
3
Apr 13
18% July 23
15% Jun 4
110% July 28
19% May
.
25
Feb
Apr
35
Dec
8% Mar
13
Aug
29
8
Jun
11 %
Nov
95
Mar
106%
Feb
THE
1943
Monday, November 29,
FINANCIAL CHRONICLE
COMMERCIAL 8c
2166
Range for Previous
STOCKS
Nov. 23
Nov. 20
15%
*138
142
5%
5%
!L42
*138
5%
30o
*5 v«
%02
*104%
*138
2%
10214- 102%
16
63%
00
101%
63
*60
79
131%
131%
■
131%
*112
110
131%
*60
116
*17
18
*1874
19%
19
19
37%
*3714
38
39
37%
38
14%
'10%.
16 %
14%
14%
15%
1474
13%
*1314
13%
1
*41
42
42
•13%
1?
53 %
13'.:,
*52
*62
674
*32%
32;U
.3214
114
*114
114
7
*6
*6
7
*6
1%
3 %
*6
7
,
24' 4
24
24%
24%
7%
7%
7%
774
1%
1%
■1%
1%
43%
44
7'7
*7
80 %
7%
16%
16%
16%
16%
36%
34%
*7%
.70%
69%
10%
10%
10%
10%
10'%
7%
7%
7%
*29 %
30%
1110%
112'%
*112
114,
8
6%
6%
6%
6%
164%
6!i«
162%
7%
162'%
164%
114
1%
15%
*
66 %
12%
68
66 %
7%
36%
40%
49%
»'J04
63%*
64%
*40
36'A
36 %
*36'A
*40%
50%
36%
*49%
*104
120
*104
13
15%
16
16
15'%
12 %
*15%
*108%
*14%
15
*20
84%
*128%
-No pur
22 'A Jan
4'% Jan
44'%
Dec
96
Sep
106
May
Apr
~47a
Oct
2974 May
3414
Feb
2%
74
1'% Aug
Jan
2
5 74 Aug
Jan
'
297a Mar 30
167a
11% July 12
374
2314
Apr
Jan
Dec
5% Nov
17a
ft da"
274 May 10
ii Jan
Apr
9
2
3274
■
par
par
par
par
1574
80
109
15%
s
Preferred
;.
s—
•30
$6
142
10
12
1,100
27%
28
800
*10674
111
187%
Oct
23%
10074 Aug
11114
Feb
107a
Jan
9
Mar 29
.5'% Apr
2
6
574 May
Sep
24
10974 Mar
177
Jan-
8
151%
Jan
7474 *Jun 28
40
Apr
61
Dec
July 27
147
May
166
July
9
5
5
19
8
67
5
177
% July
74
Jan
3'% May
12'%
Dec
57
Dec
414 May 10
Mar 25
38
2
July
Apr
414 Nov
674 May 11
174
Apr
5
24'%
Apr
July 14
12674
Jan
774
Dec
36'% Apr
138
Apr 12
-
Oct
•
301a
136Dec
1574 Jan
2
137 a Nov
1
2
6374 Nov
1
4
117a Jun
11
1'%
Oct
71'% July 12
Oct
46%
Jan
11
3074
5
38 74 July 26
39
Mar
4814
Feb
26
May
32
Feb
52% Oct 28
26
May
39%
Oct
July 14
94
May
104%
Oct
Jan
4
7
102'% Jan 15
Jan
115
6074
43'% Mar
:Apr
44
July 16
36
1674 May 10
1%
Jan
7
7
14
.10'% Jan
4
27% Jan
5
135
Jan
5
167b May 10
2
Jan
674 Jan
•
1
J
71« Nov.
714 Nov
21
674
Jun
10%
NOV
1117a Aug 26
88'%
Apr
95
Jan
Jun
2
774
Apr
11
Dec
3274 Apr
3
2474
Apr
3214
18% Sep
9% Jan
9074 Jan
par
Jan
374 Nov
7
6 % Jan
_ss.-il—'—MOO
preferred—.
6
Mar 29
974 Apr
28
50
——100
Intertype Corp—"i—No
Island Creek CoaL
500
38'% July
115
39
Stores^,:—No par
Interstate Dept
Apr
37'% Jan
Teleg—
-No par
Foreign, share ctfs—_
—JVo par
■
Jan
5'%
374 Jan
Intern'l Telep &
1,100
Feb
874 May
1
874 Jan
International
International Silver————
1,300
."
Jan
6 )4
8
8'% July
4574 Jail
——No par
Shoe— .—No par
37,500
12
12
Feb
12%
15 7b Apr
25% Nov .18
International Salt
500
Dec
74%
374 Jan
50
Jan
163%
Apr
5574 Jan
80C
100
May
July
% Jan
200
Dec
54
Jan
130
35
74
1174 Jan
—No par
—-100
1674 Feb
Apr
153
20
162
Sep
7
5674 Jan
25
1074
21
9
Jan
-
Oct
4%
7874 July 24
8
Nov
6
6
Jan
July 23
168
144'% ,Jan 20
——100
preferred—si.—
10074 Apr
6 74 Jan 2Jv
2174 Jan 28
Jan 21
106
——.1
Corp—l..No par
preferred———100
7%
8
Nov
Oct
Mar
42
Jan
2'%
Nov
2374
May
32'%
28
974 Nov
j—20
440
120
44% Jun
158% Apr 17
Jan
5
62
'Ctfs Inc—
Nickel ef Canada
Nov 7 8
9%
Jan
13
5
48
May 10
13May 6
1974 July 24
7
Jan
1174 Jan
36%
*138
Jan
4
87
5%
6
1674 May
31'% May
37
par
A
7
2
8; Jan
18'% Jan
42
*29
67
67%
107
27':,
*106%
*27'%
83%
1075
a
8375
128'%
128%
111
18
145% Jun
8274
83%
*128'A
129
129
129.74
40
127
10
55'%
557a
5574
67
67
67
*65'%
1075
1074
55%
800
65'%
600
10%
55%
5,700
5574
20 %
2074
Preferred
10%
1,500
__
—
Chicago-RR
&
19
,
Apr
30
Jan 21
Jan 27
70
No par
—
100
126
.
92% Sep
Jan
Nov
138
Nov
54
79
6474 Jail
8'A Jan
Jan
Jan
7314
Jan
322
Aug 28
Dec
Nov
129
177% May
Apr
2474 Jan
5374
6
5
6
12% Jun 25
Apr
82
Nov
33%
1071a
50% May
July 21
65
1074
May
85
2674 Apr
7
9
8
4
19'/a Jan
Jan
1874 May
27
136
Aug 16
78
stamped—100
Laughlin Steel..—No par
5% pref. series A
100
5% pref series B conv—
-100
Joy Mfg Co—
_s—1
Jones &
5%
8
July 14
34
109% ..Aug 19
99 Va Mar
—s_„100
Johns Manviile. Corp_s—s
16% July
12
Feb
26
No par
A,
Jewel Tea Co Inc
Joliet
2015
65'%
20%
107%
.
*75
20%
X1075
2,300
9% Jan
—1
Jarvis (W: B). Co
"*474%' preferred—
8374
83%
*75
20%
2074
55'%
6774
1074
55%
55%
10%
28
27 %
>10674 HI
11%
11%
1175
*75
2075
67%
11%
*75
21
*55
Apr
18
17
274 Jun
1074 Jun
---No par
CO—
Preferred
2,300
7%
64
.'*.1474
142
11%
12%
28
28'%
*106% HI
83'%
84
*128 'A 128%
75
20'%
*133
,74 Jan
4% Jan
International.. Paper
4,300
,
1174
30
142
*138
*1174
111
84%
129'%
'106%
141
Nov
.
12%
28%
12-
28%
30
141
142
Oct
1174
5
4174 Apr
„100
Cos———-15
5 % conv preferred.
——100 Inter. Rys -of Cent Am—1
No par
5 % preferred—
J——„ 10Q
1575
15%>
15'A
4
A—-1000
par
Hydro-Elec Sys class
Int
70
19,200
64%
109
*29
*29
28,900
12
109
30
*29
30
*138
15%
15%
15
15
500
1374
4974
1575
*108 %
2
5
4 % preferred:
—————100
International: Mining Corp
—
1
26%
*104
12%
109
37e Jam
30'A Jan
International: Min & -Chem—
134
36%
12%
12%.
16
*108%
109
*108%
100
-
12%
12%
•
12%
12%
13
12%
12%
39%
Jan
9% July 13
.—100
Int
2,800
*38'%
16
12%
12%
12%
Jan
114
5
Feb
38%
27
8'%
„
Oct
July 12
1
6874 Nov
Corp—'—:
Preferred-;-—
474
7
120
*104
120
July
59% Aug' 31
Mar 10
Jan
Feb
115
Dec
30%
2
July 22
5774 July 30
25
1,600
6574
i
64%
50%
50
2
1,80C
14%
12'%
36%
51
5
Jan
par
Rubber—'—No
Interlake Iron——
No
Int Business Machines——_No
International Harvester-No
160
174
2574
42
41%
42
6 7%.
2,800
6774
*13274
64
6374
974 Jan
.No
Dec
1874
21%
17
Intercont'l
300
165
64
42
'
•'
165'%
■
7%
7%
8
775
45
7%
Dec
110
427a Sep 20
5
Nov
Jan
6
9
12
Dec
Nov
Mar
12%
8
Jan
—
Interchemical
674
a
63%
36%
'•
120
.
,12%
64 7
7%
41%
41%.
36%
64 'A
Apr
17
36% Jan
105
Insuranshar.'-s
674
4
137..
65%
65
12%
62%
62%.
*39%
12%
2
115% Jun
15
17
29 74
12% Mar
17'% July 12
31
-No par
500
-
132%
a
7%
7%
63
1327
4074 July
21
6
1274 Sep
8
115
Jun 22
Jan
7
,—100
1,000
20
*65
26
25%
26%
134
12%
65%
X65
4%
4
4%
4%
25%
12%
12%
12%
%
*132%
134
132'A
133
*132%
66 %
26%
26%
.
66
11
14'% Jan
-No par
1,100
:
3,800
3,100
14%
15%
4%
4%
4%
26%
14%
66 %
25% July 13
-No par
Inspiration Cons Copper—.
112'%
1%
15%
18
44
Inland Steel
30
*164
66%
1G% Jan
—12.50
1,400
774
174
15
66 %
66
'
10 74
67
16574
1%
10
70
*163'%
67%
1%
2174 May 10
Ingersoll-Rand—i-r—No par
6 %. preferred——————100
80C
6%
165
6
Indianapolis Power & Lt—No
Industrial Rayon—No'
X674
67
1%
162
*110'%
166% 166%
15
15
4%,
1,900
8875
29'%
67%
1%
1%
26%
35
774
164%
16474
166
'
67
167%
167%
15%
*164
67
67
67%
168
170
2,100
6%
x6%
5
2874 Jan
Oct
Jan
102'%
Mar
79
" Aug 16
Dec
48 %; Dec
Jan
—
ctfs series
RR See
7%
16%
1075
8
77b
7%
6%
*64%
112%
.112
U4
7%
7%
67
30
30
30
*112%
7" 4
168
7%
30
30
160
774
*7%
8
118
75%
134
30% Mar
14 74 Jan
6
600
.697%
71
10%
10%
30
69%
70 %
71%
10%
•-
%
24
44%
*157
71
100
RR Co—
100
l/c. preferred, series A———100
Leased lines; 4 #%—_i—.
100
'
88
162
*157'
162
*157
9
Illinois; Central
34%
8871
89,
88%
88%
Apr
Feb
Jan
—10
preferred—
Hupp Mo tor. Car
3,200
10
7%
16%
35%
162
2,900
16
35%
36 %
*157
-5,400
1%
44%
7'5
7'A
89
161
'7%
51
125
July 14
71
Min & Sm Ltd--.
-No par
Motor Car——
Hudson
2
Jun
87
Oct
Feb
1474 Nov
—1
Manhattan—„.
non-cum
,
Apr
49
par
Co.—
Hud Bay
1,400
24
7%
*69.74
>
43%
44
43%
88%
5'/'
100
-
10'%
158
-10
(C E) The
Hudson &'•
Apr
.
24%
24 %
24%
16%
36%
80
„
10%
24%.
36%
16 la
*35%
6
974
10%
%
200
7
■
10%
—
.—
24%
7-%
*16%,
161
1%
43 ','4
43 %
7%
7%
1%
24
24%.
43%
1,400
lie
l'/a
714
10%
'
*24%
1%
3214
23%
24%
1%
".
8,200
141'%
136'% Aug 26
4
& Power Co..
Houston Oil of Texas v t c.
Howe Sound Co—
2,600
9
5
May
preferred—-.-V———
5%
6%
23%
Jan
Houston Light
6114
6
-
—
10 %
10%
10-%
10%
7
■
24
24.% ' 24%
7%
7%
■
73
par
-No
Household Finance--
*1%
32%
32%
*1%
200
32%
774
6%
6%
1274
130
•' Class B
,
6%
60 %
674
■
100
61
61
60%
6 Oh
1 %
1,:,
52%
110%'
11074
32%
33
1,200
*51
52%
110
59%
6 74
6%
33
100
1314
Mar
2074 Nov 24
100
Houdaille-Hershey cl A—__
41%
Dec
58%
2
167
5
-No par
-JVo
Homestake Mining—
*13
62%
61'/4
63
%,
10
5,000
*41
13 %
13
110
11014
*110
42%
52%
53
*5214
53%
no',;. 110%
111
*1.10
-
13%
1314
13%
*52
■
1314
Jan
94%
May
45
Apr
8
Jan
-No par
preferred-
conv
Jan
152
100
(Del) —
—5
Hollander & Sons (A) —
-No par
Holly Sugar Corp—.—
—100
7 Vc preferred.
200
37 %
—25
174
Apr'
%
79'%
Holland Furnace
1,000
117
374 May 10
110'% July 23
6
preferred—
Chocolate
Hires Co
1514
37
37%
*40%
•
1,900
*115
37%
42%
*40%
42%
500
38
1314
117
*115
38
37%
38
38
38%
28
.
,115'% 115%
117
>115
117
*13
13%
13%
13%
*13 %
19
*13%
2
20
56 % Jan
preferred—.
Hlnde & Dauch Paper
18
38
*17
19 %
$4
100
8% Nov
Jun,
174 Jan
93% Jan
71
Dec
May
88
5% May
10% May 28
.—25
cum
Hershey
63
19
18
-
—
non-cum
6%
*17
19
W)
(G
Co
Hercules Powder——
80
■:
116
18
10%
37%
*115
400
*111
63
*111
18
IB
42,000
78%
130%
1
Hercules Motors—.—..—
1S%
*60
63
316
*:io
37%
Helme
7%
130%
*1.7 '
*17
6314
78%
*60
113%
113%
100
10074
100
.
Jan
474
Jan
80
Jan
146
3 % Mar
11
10974 Oct
Jan
1674
Apr
-—2
Hayes Mfg Corp.,
Hazel-Atlas Glass
18%
79
331'4
320
2,100
2
1
Apr
X126
share
104
Apr
12%
-
■
Industries Inc
Hayes
100
674
*163
2014
914
79
*111
63
*60
63
3
'
105
*62
*163
7914
600
100
'
*•«*
70
5%
2
6314
*62
62
20
79
131 %
•
100%
18%
16%'
*61
10014
100%
131%
17%
00
*7714
*130
2
79 %
17%
161«»
2
*163
*163
*'103
614
62
14%
*614
614
2
100%
15%
*102
674
par
100
„No
Highest
I per
share
98
10774 Sep 13
1874 July 6
144% May 14
7 '% May 29
6
13'% Jan
6
135
Feb
3
4% Jan
5
86
Jan
2
674 Nov 24
9974 Jan
-No par
Harbison-Walk Refrac—
6% preferred
Hat Corp of Amer class A_
6'%% preferred-.
1,500
5%
105
*1'02
105
2
2%
102%
2%
01
5'%
Co $5 pfd—.
{M A)
Hanna
14%
5 Tb
*5%
5%
Shares
S per
share
5 per
101SJ
Year
Lowest
Highest
share
$ per
Par
1514
142
*138
142
,
EXCHANGE
105%
*104%
J6 %
*614
6%
*0%
3574
the Week
S per share
share
105%
*102
105
*102
6%
.
*104 %
15
15%
15%
105%
15%
*104% 105%.
*104% '105
14?i»
share
S per
share
$ per
$ per
share
S per
share
$ per
Nov. 26
Nov. 25
24
Nov.
Nov. 23
Friday
Thursday
Wednesday
Tuesday
Monday
Saturday
PRICES
HIGH SALE
tow AND
January 1
Range Since
Lowest
STOCK
NEW YORK
Sales for
64
Jan
7974
Jan
11
Jan
Dec
May
61
,
7% Aug
K
*
123'
22%
*13%
*
1.9%.
12'7
15'%
112
*19'%
3174
31%
3175
*17'%
18
*17'%
2974
29%
■29%
*374
4
*374
*50
51'%
22
22%
*6'%
2874
29%
31%
•12%
31'%
„
*il74
12
66
,
16%
16%
167a
35%
3574
,3574
2214
22%
22%
22%
*114
114%
4%
114%
4%
474
4%
374
4
2874
2874
31'%
317%
;
1174
11%
65 %
26
26%
26%
26%
16%
16%
*16%
1614
36
22%
114
.414
66
36
35-%
35%
22%
22
22%
11414
114
4%
4%
114%
4%
15
*2814
1%
17 a
114
1%
1%
1%
174
15%
14%
15%
14%
15%
15%
29 Va
29%
29%
2974
19
19
19
19
35%
35
35
40
40
40
29
.
19
19
*34%
*3414
35
40'4
39%
67a
6%
6%
37-%
3774
39%
'
For footnotes
*36
6%
3774
see page
2171.
674
*36
6%>
37
287a
*19
35
*38%
6%
*36%
29
19%
35%
39 %
6%
37
30'%
•i
400
300
500
4
Class
A——No
Kennecott Copper_^
—No
Keystone;Steel & Wire Co—No
Kimberly-Clarlc Corp.
-—-No
prior
$5
70
21%
4,200
*6'%
7%
200
Kresge Dept
400
Kress
*2874
29
•31%
31%
1,400
1114
440
*11
—
.
65
—
-
50
65
26
*1614
3514
.1,200
26%
*35
.
(S H)
5%
Lambert Co
Lane
500
Lee
(The)
No par
Bryants— -——1—No par
____5
15
3,100
1,000
Lehman
*18 7a
19%
300
34%
34%
500
38%
39
414
4%
1,600
114
17a
1,900
1,800
614
6%
14,200
36%
36%
200
Lehigh
±—1
Lehn & Fink Prod, Corp
5
Lerner Stores Corp
—No par
Libbey Owens Ford Glass
,No par
Libby McNeill &,Libby
s
,_7
Corp
Life Savers
(The)
Corp
;
Dec
103'%
14%
Apr
167b May 11
Jan
9
Dec
4
47a
May
105%
Jan
Jun
37%
Jan
1174
Apr
1514
Dec
24%
Jun
29
Jan
Apr 24
113
Jan
2.9
7
35% Apr
2
Jan
*7
2074 July
34
July
13
674 July
58% July
,
.,
'
a
2
2474 Sep
274 Jan
28%
210
10014 Jan
11%. Sep
937% July
10'%
187a Jan
14%
114
1,500
Jan
7
2474 May 11
3474 Jan 12
2814
114
22%
6
11074 Aug 31.
174 Jan
Portland Ceinentl_
w"25
4 7% conv preferred
100
Lehigh Valley RRJ
S
50
Lehigh Valley Coal_;
—No par
3 % con v preferred—
50
22%
Feb
1
25
TOO
100
—„
Apr
11%
2
1514 Jan
par
par
Louis
Nov
8174 Dec
Sep 20
17
2874 Jan
Co_^—__%_S___10
1
Rubber & Tire—
Nov 12
102
par
par
& Co—
preferred—
104
Oct
29%
874 Jan
Storess—s__
Laclede Gas Lt Co St
17
2
2
Oct
Jan
14% Jan
—No par
Kroger Grocery & Bak—s.
No par
200
16%
(S Sr
Kresge
6
Dec
May
16
6
Sep 13
1374
124
7%
274
8
' Jan
Feb
Mar
103% Feb
—No par
preferred!.
51%
2974 Apr
Aug
127
11% Jan
(G R) Co——
Kinney
13
83
conv
Kendall Co $6 pt pfd
Jan
5
117
23
9
1074 Apr
77% Jan
i.100
1
pfd.100
cl' A—si
B———_
1
■2174
7%
3174
17%
*50
21%
29
17,600
30%
*3%
1,300
10
*29'%
'.
■
1274
112
X30
18
157 a
1%
1275
*110'%
29%
*6'%
11%
20
2
20
Kelsey Hayes Will conv
20
3%
5% Jan
57% conv
Keith-Albee-Orpheum
2
_
100
112
X1774
X21%
7
preferred—"
1674
51%
51
non-cum
300
*1575
113
31%
2.974
4%
Kaufmann. Dept-Stores—_
19
122'% Feb
preferred——
—100'
Kayser (Julius) & Co.—I—,
S-5
*108'%
6514
*65
25
*15%
*3574
*114
31
31%
11%
24%
25
*2874
31'%
*17'%
18
29 3 4
22 7«
*674
7
2874
66
1274
67
.
*24%
,
3175
51%
22
22'/4
*110'%
112
loo
130
13
*110'%
;
14'%
102'%
20%
*12'%
112
2,100
24
*13%
112
12 7 a
*50
31%
1,500
*22'%
16%
*1575
*108'%
20%
30
*28%
67a
103
12%
7
7
10274
*19'%
112
.
674
19'%, Sep
xl274 Jan
Furn——10
Kan City P & L pf ser B—No par
.Kansas City SouthernNo par
Stove &
Kalamazoo
102'%
127 a
51%
22%
15%
20
14
20 74
4
*50
*66
1574
*108'% 112
124'%
24%
1274
17%
4
103%
600
67%
674
23%
*13'%
14
17'A
*123%
17
124'/a
*1974
31%
*20%
67u
24%
*103
10374
*108'%
*110':'. 112
17%
675
*13'%
■
15'%
20%
12 %
31%
*123%
2374
14 %
103'A
112
*108'/a
16%
124
67u
23%
674
614
22%
14%
14%
103% 103%,
1.5%
15%
6%
22%
1774
124
125
*124
120
:i
*17
17
17
17
'16%
17%
11
10% Apr
2374 Jan
4
32% Sep
Feb
2G
3274 Nov
2474
4
4
,17% Jan
7
1174 Jan
7
26 74 Jan 27
20
Jan
4
16% May 21
97% Jan
35
2'7
274 Jan
%Jan
ll'% Jan
24
Jan
14% Jan
237a Jan
31
Jail
5
Jan
30
Jan
.
2
2
6
32
6
8
12
2
4
100
2674
;
Jan
30'%
Sep
40%
Feb
Mar
22%
Jan-
Jun
3%
17
274
19% May
27
22% Apr
7%
Apr
21%
Apr
19
7
117% Jan
1974. Jun 18
39% Oct 30
8% Mar
120
July 17
July 20
8% May 19
1
2% Jun
1574
Apr
1874 May
274
Dec
28
Dec
23%
Jan
Jan
Apr
Apr
n
Dec
11%
Jan
1174
July 26
sep
18
Jan
17%
874 Jun
May
41%
174
July 14
41
Jan
4
U Dec
18
13',
Jan
Jun
22% Jun 26
37 % Sep 17
43% July 15,
.
Aug
104
5
32
'
113
8%
2074 Jun
Jan
29%
Oct
29-
Feb
174
2'%
29% Jun
73
Jan
10774 Jan
8
15
15
26.
29
22
3
30
6
Dec
Jan
Apr
207% Jan
4
Mar
20
Mar
15% Aug
25
Dec
14% Aug
2674
Dec
3374 Dec
5%
33
Jan
Jan
THE
Number 4233
Volume 158
2167
CHRONICLE
COMMERCIAL & FINANCIAL
Range for Prevlou*
STOCKS
Monday
Nov. 23
$
05
*174.
176
64
64%
26
26
33%
33%'
34
341/4
33 5 3
35
35%
35%
35%
35%
35%
35%
,18%
18'A
18
18%;
Xl8
18%
19%.
*19
4,016
19%
35%
18%
35%
J 8
19
10
19
„
*19
19.
.
15
14%
1.5%
14%
14%'
13%
55 *,
55%
55
55%'
55V8
44%
44. %
44
44%
43%
*6%
:
7
6%
7
28%
'
1.7
*27%'
28%
.< 27%
21%
'•'Of/'
'-Y72.
72. .'
.
.*69
,
21%;
17%
6-Va
28 Vb
28 'A
21%
21%
.71%
21 %
,
'
72
.
July 20
Nov
Oct
-No
15% Jan
6
21% Jun
26
11% May
16Va
Dec
8
25% Mar 29
14% May
24%
Jan
64 % July 24
37
Jan
46%
Dec
31%
Jun
42%
Jnn
2% Mar
7V'a
par
7
11
51% Jan
6% Nov
par-
—No
42 Vb Jan
37% Jan
-No
16
1IV* May 10
par
Corp
'•
—No
Long Bell Lumber A
Loose-Wiles Biscuit
18 V
Oct
31
15
28
Dec
19% Nov
Alar
Jan
13
16% Oct
7
—100
148 Vb Jan
12
163 Vb July 22
—No par
15% Jan
6
22'/* July 19
11%
Apr
18 Vb
Jan
100
preferred—.:
•7%
par
6
„_10
i_Z.
59% Jan
8
79
July* 24
55 Vb
Sep
76%
Jan
20Vb Jan,
8
29
May
15%
Apr
23 Vb
Jan
—,25
Co..
Lorillard (P)
158%
.
13% Nov
Inc
Louisville Gas & El A
21%
800
'/X67% / 67%
.
71%
71
,
Feb
43
Dec
12%
5,300
..
32%
37Vo
800
17%
Jun
25Vb May
9% Jan
2,000
800
Louisville & Nashville
300
MacAndrevcs
,
22!b
21% July 27
Lone Star Cement
21.
23% Nov
May 27
4
Loew's
17.'/,
10% Apr
44
19
1,700
*156
28% May 27
7
12% Jan
4,300
■
4
Jan
24
177
1G4V* Apr
34% Jan
9,300
•
158%
21%
.72%
,
17
f 156
22% Jail
182 lb Aug
par
42 3 4
6%
158%
;
26
-No par
55%
,
Jan
2
Nov
172
-No
13 3S
,
423b'
Jan
74%
Apr
Link Belt
Liquid Carbonic Corp
Lockheed Aircraft Corp„
55%
4
19
73%
50'a
Lion Oil Refining Co
700
:
17%
*156
500
:.'i3%
28%
-
5.300
36%
2,000
■6%
6%
28%
17
17
21 %
;
28
158%
*156
158%
.
.
16%
17
•••
nr>6
6%
28%
6%
=..
■
33%
19%
43
43%
200
share
per
50% Apr
July 15
73 % Jim
Highest
$
S per share
share
71
1942
Year
Lowest
63% Jan
25
100
:—
18%
55%
42%
.
62% Mar 25
—
19%
'
14%
55%
B
*17%
.
•
,-25
-No par
Lily Tulip Cup Corp
Lima Locomotive Wks____. „A'o par
.27%
32%
14%
Series
Preferred
110
172
*35
54%
-
64
*25
27%
*25%
2.547
# per
I per share
Liggett & Myers Tobacco-.
64
172
'
27%
Par
04
174 %
174
174
*25%
EXCHANGE
Shares
S per share
■
64%
26
25 U»
share
64
64%
174
175%
'
64%
33%
•;
the Week
■
63
64%
65
65
05 %
.
170
S per
share
per
64
64 Va
64%
04%
64 Vb
s
Nov. 26
Range Since January 1
Lowest
Highest
STOCK
NEW YORK
Sales for
Nov., 25
Nov. 24
$ par share
$ per shore
per &liare
Friday
Thursday
Wednesday
Tuesday
Nov. Tl
Saturday
Nov. 21)
SALE PRICES
AND HIGH
LOW
a
21% Jun
11%
5
128
•
16%
Apr
Nov
153
Mar
Dec
M
25!
*135:■'
138
•135
25%
-*25 ••'••/
25% !
a
••,
■'
138
32%'
83%'*'
33
27%
27'«
1.6
1.5%
;
*315
400
*3X5
'6%'
<io%
2%
5%:
■
*163.6. 4i7/:
,
■>k 23ii
2%
V;
5%
17%
v-
4%"
%
37
37
J 70
174
54
54
'
4%
25%
*25
22
13%
47.
114%
22%
22%
69%
•
0%
8%
24
.
26
27%
27%
6-%
-6%
26
IJ7
'
10%
3 7,
1%
611
6'a
29
70%
79
*106
44
lVb
2,500
6
4,600
1=8
6%
■5%
283-V
x27Vb
28 Vb
28 Vb
,
*114V*
1.18
122
120
120
107
107
44
108
.44
.
44 Vb
44
30
>33%
36
*33%
30
22%
21%
22%
22%
23 3 b
*14%
14 %
14%
14%..
14%
22 V
14-%
•
*25Vb
3%
3%
*67 Vb
.
*
68
65 Vb
66 Vb
*20!*
21 %
*21
22
75
75
75
IJ4V* 115
114
21%
■'"20'a
75
.
9%
9
*
••*42".
43
42
*•
8%
■
•'•'•
.
87
Dec
72
Feb
20%
Jun
32
Jan
6
Feb 26
78% Sep 27
34% July
8
4% Jan
2
Jan
4
42
4%
Dec
6
Oct
Oct
July
3
22 Vb
Jun
29
1
21
Apr
33%
Oct
13
34% Apr
6
24
Dec
30%
Jan
5% Jan
4
9% Apr
8
5
Apr
7 Vb
Jan
18% Jail
6
30% Sep
21.
Dec
7
31% Jun
7
12Va Alar
16Va Alay
19%
20% Jan
106 Vb Jan
8
100
1
88
108 Vb
Nov
35 Vb
Jan
59%
Dec
1031a
107
Feb
19
110
Jail
108
107
Nov
20
113 V b Feb
4
xl07%Alay
111
3
Jan
2
8% Jun
10
1% Alay
Apr 21
57%
Nov
77
Jan
118
200
Jun
8% Apr
vb Jan
Oct
Oct
3%
Dec
67
Alar
14%
Nov
Oct
IV*
Oct
4
11% Apr
-6
1%
Jan
1,2
30% Nov
5
■12 Vb
Feb
18
Oct
24
92
Alay
91
Jun
66
119
20
Vb Jun 30
Alar 19
110
121
114% July 22
Apr
29
112
4%
Alay
Alay,
117 Vb
120
Oct
Apr
110%
Jan
23% Apr
34%
Dec
102%
114% Aug 24
Feb
106 Vb Nov
26
33.V* Jan
14
31V b Jan
8
39 Vb Oct
6
28%
Dec
48 Vb Alar
Jan
5
7
5
12 V*
Dec
29 3 b Alar
7
July 14
50
9% Jan
7
27% Jun
17
Jun
12
18% Apr
13
,
Co„_^__™ IIII—1
1
class B™_
No par
preferred—
6Vb Jan
11
Oct
9%
Apr
12%
Nov
20 Vb Aug
•
Alar 29
31
8
217a Jan
25%
Jan
Vb
Jan
7
Jun
3
2
53
Jan
7
77
Jun
25
50
15/
Jan
5
23% Jun 26
2
2!* Jan
par
100
No
Oct
Apr
6,
76% May
23 Vb
Vb
ltf
July
123
4
Feb
58
No par
13'
Apr
62
July
5Vb Jan*
34 Vb Jan
Feb
44
3
Jan
63
Feb
17
Dec
'
'Alay
49
22
Aug ' 4
108% Sep
4% Jan
11% July 19
12
Sep
11% Jan
79% Sep
117
3
2
111
preferred™
!—10
Murray Corp of America.
—No par
Myers (F E) & Bro——
43b %,
Mar
32% Mar
11% Jan
& Essex™™—,™
77
Jan
26
—50
Corp__j,2.
Wheel Corp—
7Vb May
6
12 V* July
23% Sep 24
—No pat
,
3,100
43 /•
•
Oct
55
9
25
Murphy Co CG CI,
100
,8%
8%
*42
42
42
43
64%
Feb
Mullins Mfg Co
;
500
:
89
27'
Munsing>vear Inc—
115/,
*114
115
"
8%
8 5a
8''a
*42
42%
■
*114
115
*113
114%.
8Vb
x8Vb
20
76
*74 Vb
.
10% Apr
9
Mueller. Brass
300
1,300
21%
76.
741/,
4
15
& Co_„™_. —.No par
15%
*25%
21 Vb
*20%
,;«
'
70
76
Morris
•
Jan
Jan
Jan
.
(John)
Jan
108
Apr
.
x5% Nov
6
10
Chemical Co_„.
No par
preferred,„No par
Preferred' series B—;—,
--No par
84 preferred series C
,—No par
Montgomery Ward & Co_.
Motor Products
*20%
94
Dec
7Vb
Jun
Dec
15%
60
Monsair.to
,
Motor
70
18
4
3% Jan
800 1
*67%
115 V* Aug
17 % Jail
800
70
11% Sep
24
100
7%
Morrell
26
13
Feb
39
9% Jan
5V'a
Jan
67% Jan
84.50
: 3%
Nov
.—,20
36
3%
Deo
9Vb
4
11,380
-
24 Vb
Oct
27%
8
25% Jun 28
1.9*
15%
3Tb
Apr
6Vb Jan
19
July 23
14%
•
>64
68
64
"'
26
14
Sep 30
16 Vb May
July
2lVb
3!*
4
4
29
50!a Apr
38.V* Jan
7
14% Jan 27
3% Mar
14%
10
26
108 V*
98
5,100
26
16
26
4
% Aug
25
•21%
a
*15 7
16
26
11
99
2
14%
.
>25 Vb
16%
26
3%
44%
43%.
*33%.
13
8Vb Jan
2
113% Oct
19 V* Jail
Alay
17
130
■
Jun
7
10
13
23 3b
a
14!*
16 Vb
16
36
*33%
.
22
16 Va
106 Vb
106%
Oct
14
21
% Jan
15'
44%
307
.
44% ;
-
*33%
77%
121
107.,:
*
Dec
12%
13% Jan
116%
.
116%
Nov
101
Alar
preferred series A™.
Mohau-lc Carpet Mills-n-i.
2,100 '
77%
*117
77
116'b.
22
Jun
9
Mo-Kan-Texas RR
*114%
78
78%'
114 Vb
78
*
Sep
76
22
Oct
64% Jim
—No
Jan
3% Nov
Sep 29
7
™-l
Moline Power
Jan
46%
22Vb Aug 18
Jan
101.
13%
Jau
176
l1/* Jan
7Vb May 29
10
600
28%
Apr
par
•
28%
Apr
31
__A'o par
'
.
162
13
Sep
11% Jan
-13
Corp—_——™.
3 r, 'a
122
100
Mission
6'a
79!b
*118
•43%
86.50
600
Vb
II6V2
J 08.
100
18%
1%
78%
122
85 Vb
0
*114Vb
•1.18
4%
18%
3,200
60
17% Sep
10
85 %
6
.
36
110
—5
5 Vb
5%
Jan
Aug 23
176
5
9
Petroleum-
19%
-
29 Vb
4
Copper—™
87 V2
19
19% July
Jau
:_n—_™™5,
5%
.
Minn
Nov
7
27Vb Mar 26
12% Jan 16
No par
*85 Vb
5' b
18 Vb
Ida
-
20
Deo
25 '/a
21% Feb
__50
Impl_
preferred™—™—
1%,
283b
28%
20%
1.13% 116%
109
6.
5%
,
109
109
l3a
1 %
700
6'V'a
34 Vb
7
-,_Aro par
8% cum 1st preferred
.-100
Minn-Honeywell Regu—-—No par
4% c.onv pfd series B
_100
4 Vb % preferred series C
™-lOO
107
,*107;
*107
18 V*'
68;
*106
Sep
2% Jan'
__/.5
3V'o
Aug
2
Midland Steel Products
300
130
68
67%
.Machine Co™
Mid-Con tinent
117%
117
107
87 Vb
18 Va.
18
18%
*
28
*106
5!a
'
27
conv
Miami
12,900
27 Vb
27
,11712
5%
1,300
6
r
27%
117%
*85 Vb
5%
87 Vb
6
.'
6
28 3 «
67
27%
27 Vb
27%
*26%
*
68%
*106%
,
500
Mesta
g
Jan
19
Jan
—1
Merch & Min Trans Co_,
107
; *106
109
600
6
27 Tb
i
X68%
69%
26
27
27
117%: 118
108
*24'%
27%
6%'
*20 3
280
f
26 Va
22% Alay
Jan
(The r - _—1st preferred
1,300
36
26
,,25
27%
6
Co
Me ngel,
g
*35%
•»
8%,
8%
357b
Jan
171/* May
6% Jail
35't
„
26 "4
118%
55a
87
j
300
*26%
*85%
5%
5r'ii
,
'32
8%
.
26%
*ioo
k*106'%
107
*31%
31%
25%
'"67%
J 07.
31%
31
24
20%
108
' 69%
36
6%
118%
%06
*68V2
24
25
20 >4
11.8%
"67%
70%
8%
■28
4
69%
%
*68%
35%
0%
25 %
25%
'
*27'
30
71
35%
•>'
OA
600
12%
July 17
37
100
Mead Corp
--No par
86 preferred series A-No. par
85.50' pfcl ser B w• w_-_A'o: par
Melville Shoe Corp—1
110
24 31
351
35%
33%
73h
83 ...;■•, 83
83
*31%
8% V
10
Oct
Apr
7% Jun
165
MqLellan Stores Co—
6% copv preferred
900
"
*7%
7%
X7%
•,
*78
*63 %
31%
31 %
8%
.
*113
7%
10%
114%
10%
*113
11 Vb
July 14
-10
McKesson &
Jan
8%
ATay 27
.100
-100
.1
Jan
4%
32
19% Nov' 26
104
Nov
3%
43 Vb July 16
11
Jan
100
Jan
2
15
18 Vb Apr
Jan
par
No par
Mclntyre Porcupine Mines
Robbing Inc—:
700
83
83
,
70%
70%
31%
30%
22
2,700
2%. Jun
3% Jan
1
McGraw-Hill Pub' Co—
/■
10%
114%
10 lb
113%
7%
7%
83
*78
'70
113 Var
114%
7%
.
83
00
500
21%
71
1.0%
10%
10%
*113
T'
I '2
7%
.
400
47 %
6% July 13
22
*
14
22%
2
31% May
Corp„,
Doc
16%
% Alar
par
1
No par
25
113%
47%
22%
1
% 1.3
2,200
25
13%
47%"
io%:
:
10%
15%
McCall
300
Jan
XG Vb
.
4% July 14
9
No 'par
preferred
*13%
.25%
13%
22%
S6 1st cum
4%
1% Jail 27
y,,.jVo. par
preferred,
$3
.5
par
No
Maytag Co—
18%
*106
113%
'No
McCrory.. Stores Corp
5% cohv preferred w w—
McGraw Ek-c Co_
14%
47! 2'
Corp
900
10
23
19% Apr
24
200
54
12 "Sop
8
9% Jail
Corp_„
Jan
May
T>%
2
CV* Jan
Jan
27%
5
Alay
11% Alay
Alar 15
11
14!* Jan.
13%
Dec
9Va Nov
8% Jun
2
Apr
19
6
Mar
i
320
Mar 15
15% Nov
Wl:s,/_.
N01
1% preferred—/
May Department Stores—
70'
Jan
24 *
1
Mathieson Alkali
3,600
21%
-No par
Elec Co—
Master
500
15%
-
247b
■
•10
Mason ite
,
13%
22%
,
Martin-Parry
17%
xl7
Co_,*___,
L>
Martin '(Glenn
1,300
1,700
18%
'
47% '
*46%
14,900
4%
■_■-
i
320
3% Jan
Jan
35% Jan
,30% July 15
14% May 19
4
-100
prior pl'd
St Ry 6%
37 %
102! 2/105
■:*
13%
13%
.
17 Vb
v
.
25%
'
Marshall Field & Co
'•':4%"
/ *30%
33"
33
*106,.
113%
*106
25%
.
//
*102%- ,105 Y
19;! 4
*18%
14%
3,400
V *53%
4%
.
*30%
.
.
14 3 4,
14%
113 %
*106
;
19%
:
*18%
:
14%
4!a
33
105-
Market
2
*1.74' '..
,
54
1,870
26% •
/26 V 4
19%' 20%,
20%
:
*53%'
5
5
19
14 "a
*
'26;%'
20%:
54
54
5 \
•
,19
47% ' 47%
<22%
:
■
36 V
3,300
131
26% Dec
17
-No par
Maude 1 Bros—.
„25
Manhattan Shirt
,__1
Maracaibo Oil Exploration
-_5
Marine Midland Corp__
•
5!b
•' %4%i
i,
*174
174
-*30%
26%
14%
26%
.
20%
20%
174
*102% 105
113%
37%
-
20
*102%
14 %
11%
9106
; 5 25%
13' t
37!a
26 " '
33
19
19
'37%
•/
54%
*30',3
\
v
37%:
Jan
Nov
3% Jan,
12%
14%
16%,
:
'4%
'
200
10:
15
—50
Co
Doc
122
8
,37V * Jun 28
2
par
k-10
Ga_.
Sugar
12,500
•
1.4%',.
■C''
•
20%
*53%
•
'
17%
4'.4
5 %"
-
,
-,12:.
-14%.'
*
5
305,
17-.
4%
Manati
2,100
-2%
r
.
RR
Mahoning Coal
17 Vb
2%''
'■
.'
•
174
33
'105
5
*00%
17%
13
I
.
SOY,
-
1,4001
2,200 /
&%Y6 Vb
./* 16r;«
:
2% •'
14
43a
26.
*170
:
.
12 3 a
Y
14
Macy (R K) Co Inc
Madison Square Garden,
Magma
Copper
—
193b Jan
no% .11
'
,5% •'
5%
17%
"•
37'%'
j20J/8
20%
.20%
S "S
17
2%;
-
13
•4%
26
■'
.2%-'
13%
17%
'•
16:!'a
28;
400-
*315 V.
'
12%
14%
/•■: 37 %
27
*25,.
*
4%
••
.
17
par
•
6
138 % Nov
July 22
Jan, 2
133
,100
par
'
11
*10%
?5%'.
/
•15%
,/ 6%
6
■
'-,15 '•
-10
u
Mack Trucks Inc,,*,
1,000
13%
400
*315
.,•
:
a
J:. »i33b
16'.
v
11
Y* 2%
13!ij
-17%
14
17%
*
12%,
•
'5.%'.'
:
13%
13 Tie
•1%
•
5%
•
13% "
13 %'
1,2%'r "
xlG
27 3
y27'
-
6 'a
0%
.■>10%
,*16%
11
'
400
13%.
.
;
3,500
31%
x313i
27,%
13%
•,
15 HW
15%'
*320
,6%
•'*10%
•
17
'%6%
-
6,%"
6% •:
.11
/
'
33 3 V
Forbes-
&
preferred
6%
138
*135 "
27
:
'*13% ;i3,%
400
138
- -
25
25 :
:.
33%.
27%/
27%
Z
*13%" •;13%
.16 •
,16%
13%"
13%
*135
%3% '33%/
27%
■
■
138
*135
33%
27
25%',
»25..
.
,25%-'
25%
-
'
30 Vb
I
27
Jun
Dec
Jan
69%
Dec
113
6%
Nov
39%
Feb
3 Vb
July
N
'
1%
1%
10%
%
1%
10%
10%
10%
10%
10%
10r'a
29
29
28%
28:%
*28%
30
13%
13'%
14
13%
13%
13%
1
'■•'28!%
13%
!)%
:
18
17%
,27-'
8%
"8°a
27%
27
*31 %
12
12
12
31%
12
11%
19%
18%
13
■:
27%
12%
11%
■11%
11.%'
12
-19% '
12%
11'% •"11% :
32 3 a
3i3b
27
26%: 26%:
8%- :'8%
85%
17%
17%'
„
144
-144
17%
;
-
,17%
■
-17 3 a
145
-17%
56%
56,! 3
711%
12
■
i
'.
'
27V'b"
28
75
75 "4
.
83%
5
29
8%
'
*96
100
283/4
17%
13%
12%
*95
29
28:%
17
13
97
'
2171.
11s 8
100
*96
50%.
*48%
*108
110
4%,
700
1
National Tea Co„
.8%,
:*96
2,600:
Natomas Co™—,
12%;
8»b' /
2,400
Nehi Corp
.
100
4?%%
■(
50%,
*48%
16%
12%.
13 Va
95
96
98
.
7
29% Sep
Oct
3
4
No par
lOO'j
500
29
,
1.6.%
12%
'13 Va
95%
95 Vb
—.No par
—No par
I,
No par
1
serial preferred—,100
f
-
;
conv
Newberry Co (J J)
5% preferred series
Newmont Mining
-——No par
A_,
Corp——„—10
2,800,
Newport Industries.
7,300'
Newport News Ship & Dry
400
$5 conv
,100
preferred
—.
.'
I
Dock—1
No par
Nov
2
21% July 23
12% Apr
15% Sep 20
4%
19Vb May 27
178Vb July 13
137
Jan
6
150
14% Jan 13
27
Nov 17
2% Jan
2
22
28
Alay 27
4
Jan
Vb Jun
7
64% July 14
5% Jan
15% Alay 28
7
23 %
Vb Jail
Jan
80
62
Jan
88
2% Jau
7
Jun
*
Vb Jun
Jun
V2 May
10% Apr
Jan.
19% July
9 Va Jan
25 Vb
Jau
Oct
10% Jan
16 Vb
168
Jan
Alar
146
Jan
13 Vb Dec
17% Alar
29%-Apr
l'Vb Apr
36
43% Alay
54
4
9%
Nov
Va
Jan
Alay
6%
Jan
Jun
16%
Feb
Feb
3
2
1
2
45% Alay
Alay
70
8
2%, Alar
4
Oct
9
Oct
63
51
5
14
1
10
17
Jan
May
4%
5% Alar
II
Jan
Feb
Oct
Vb
Feb
9Vb
Dec
17
Dec
75%
Sep
39 Vb
Dec
104
Alar
110%
Dec
22%
Apr
30%
Feb
25
7V*
Apr
11
Jan
21% Mar 30
15%
Dec
2o->v.
Jan
6
93%
Dec
109%
Jan
Jan
2
12
129
Apr
Dec
Alar
72
Apr
57!* Sep
26% Jan
145
6 Tb
28
98% Nov
106% Mar 31
Jan
9 Tb
70 V 2 Alay
74% Jan
11
Nov
11%
2
14
Sep
18
60
13
57
Nov
26
3% Apr
Jan
Jan
Dec
15% Aug
7% Nov
8% Alay
Apr
Jan
36
9%
14 Vb Alar
30
11 Vb Jun
4
90!a Nov
3
Jun
Jan
Deo
20
17%
26
291b Sep
14
105
5%
13
160
37
Deo
Sep
4
16
16%
3% Jan
24
11% Sep 22
6
Apr
12%
34% Oct
52
Oct
Jan
~6%
12
Oct
16%
166 Vb
13 Vb Aug 23
14% May 10
Jail
9%
Alay
May
Jan
70 Vb Jan
Co,,,—™,4.
Dec
6% Alay
Vb Jan 14
17 Vb Jail 15
,,,1
Nov
8%
11
x25
6
5 V*
13
: 9 Vb Mar 16
10
Oct
Apr
140
24
10% Sep
9
4
19%
3
21 Vb Jun
6% Jan
Neisner Bros Inc
21%.
28 %
13
*95
.
12%
•
29
12%
Jan
13% July .7
23
July 16
176 >. Sep 14
•>
770
85%:
»21
16%
7
2
14% Jan
'
*108
10%
15% Jan
9% Jan
Cprp——™,_25
j, National Supply (The) Pa——™10
$2 couv preferred—™,
40
*5%%< prior preferred™,100
6Vo prior preferred--™——r100
2,800
28
•
78
43b
16%
Xl6%
1218 July 14
12
National Steel
8,200
•12%
.
*27%:
3
18 !a Jan
Oct
7
29% Nov
5% Jan
2
1
llVb July' 8
16% Nov, 12
5Vb Jan
5
St'l Cast Cp,,—Aro par
National Power & Lt—
.
••'
Nov' 16
19% Apr
162
•
;
40% Apr
8% Jan
■
preferred™,—No par
National Oil Products
1,600*
,*84%
50%
29
2
8V* Feb
^,10
preferred A,,—,™—_—100
preferred B
—
,100
Nat Malk&
'
15,100.
.'77V4
*
29
6!^'
200
55%
-
100 !
■'
1
7Va
.
'
I23b
*21%
2.400
-.;
6
...
27%
'
*108
footnotes see page
22
5
3% Jan
16 Vb Alay
13 Vb Alay
5 V* Jan
National Lead Cp™—
"
22'-.
"
*48%
49
*108
13
For
,,*21%
,
-
;.:8%'
8%
1G%
*95
.
12 !b
22
"■
86*
*4%;
12 !b
-70
55%
:%
.78%
*84%
8%
17
97
4%
'
•16 3 b
53/«
.,
28! a
a
12%
49
50%
111
...
4%
60
* 27'» ■!, r 29
■'
'
8!/a:
*96,
300
29
85%
78!
.
'
27%
12%'
'
*107%
79%'
84
-
28
75%
6
8,900
144V*,
16%'
Y
/•
5|3%' '55%'
12%'
'.12-:
U% •12%
."
5!b
%
i8%;
18, ;
144=/.
•
$4.50 conv
7
13 Vb
Products,,,—,No par
Sta;nplng_^—No par
National Gypsum Co__—
5,900
100
85
—
11
15Va Jun
23 Vb Jan.
Stores——No par
preferred
1 % Feb
2
•
/
170/
29
8.%
*21%
'
*49
■/'
56%-
27%
v
*27
'
-
7o
Nat Enam &
300
1701
—
143. •"
!
•8%
6
Nat Distillers
4,000
.
27%
;
84%
-
.•
!b
170
12%
.
22
*96
56
84 !b
*4%
*8% ■; 9%.
3 2%
12%'
*21%
6! b
2
31%
>
,8%
•
Xl65/b -17% v
28%
.751/2
,
143
.
-17%
6
...
■
4 "a
4%;
-.
*27
56!
18
National Dept
700
.11%
2
30%
,*-A 27.%
85%:
*
170
-••."17%
6%
■
18
,
170
145
*11!
-
«'8'%
*85
85
•17%/
6,500
Y.^12% .12%
27! b
8%
6,900
18
1
Container.——_——I
National Cylinder Gas Co,
—1
Nat Dairy Products™:——No par
4,300
Jun
6% Jan
National
300
;.i2
'
*'•
100
2,500
4,400
■
•12%'.
*20%
8%
27%'
-,11%"' ll!b
27%' 273b'
.•75;
^84
83%
*143
•
-1.7% :
27 ■'> ■'
-' 6 '
56%
170
a
'145 Y.'
'.
6
,6
3 71!
:..
28
*27%
'"
84%
«■•
;"17%:
17.1%
371%
26 3 4'
•8%
■
*170
31%
26:!'4
•
85%;
17%-
•
31%
•'
■32'b
:
200
Y
xi8% ••19 Vb
-:■
11%
11.%'
4,800
'•12%
Z -:ii%
•
12%
31%
85%
*11%
i
19 %
31%
8%
.
»•
2,200
27%;
2634
12
•
600
-
8Vb
y%8%.
,
28/"
12
27%
.
2,000
■
'
8%
12%
11%
31%
85%,
:lvkr
8%
1,500
,
*17 V4 '.'17% '
-•'•••
*17-%
10
>
.r
*165/',, 169
19
*11%-'
Y,
20%
168%; 168%
13%
114. a
8%
-
120
/ IP
r
20%
20%
19!b
13%'.
13%'
■
10
10
19%.
33
*20%
:
-
.
27!b
ll3 4
■<
8%
'
■:*1134
26'%
19
13%
8%
20%
17-V?
8%
.
13%
10
8%
170
17%
17%.
8%
^
.
28%
10
20%
*168%
169
*17%'
.
8%
8%
29%
28%
10.000
10 Vb-
10'%
10%
20%
20%
10
13%
8%'
10 %
8!a
-10%
*10
.■
10%
'
•
169
170
3 68V2
8%
10 lb
9
10%
/
20%
20:%
20%
*
10
9%'
■
10'
'10%
10%
■-10%
-
8%
9
8%
•
1% '
*1%
*1%
*
Liquidating Co™„—No par
Nash-Kelvinator Corp™
5
Nasnvihe^Cnatt & St. Louis—100
National Acme Co,
!—1
'•
Nat Automotive Fibres Inc—
1
6(f0 conv preferred
10
National Aviation Corp,,
5
National Biscuit Cp
—10
VJo preferred
——
100
Nat Bond & Share Corp
No par
National Can Corp,,—,
-10
Nat Cash Register
——No par
Nabco
Aug
5
37% Apr
8
114
19% Oct
102
Alay
2168
THE COMMERCIAL & FINANCIAL CHRONICLE
NEW YORK STOCK
LOW
Saturday
Monday
STOCKS
Thursday
Wednesday
Tuesday
Nov. 22
Nov. 20
RECORD
HIGH SALE PRICES
AND
Nov. 23
Monday, November 29, 1943
Nov. 24
Friday
Sales
Nov. 26
Nov. 25
the Week
for
NEW
Range, for Previous
STOCK
YOIMK
Range Since January 1
EXCHANGE
S
share
per
33'/a
S per share
33%
16 V8
'33%
$
33%
34
.
$ per share
$ per share
per share
*33%
34
$ per share
.34%
*33 Va
15%
18%
18
18%
19
19%
18%
18%
*17
56%
56%
58%
58%
60%
56
58
23%
23%
23%
23%
23%
23%
12
12
12
16%
LlVa
'26
28
28
*128
136
'128
*128
49%
48%
136
49%
%
%
2%
*2%
23%
12
30
29%
130%
136
50
-
51%
49%
i/j
'
-
r' a
183
184
183
185
'121
124
*121
124
15%
15%
53%
*52%
*51%
'51%
:
34
Va
%
%
13%
13%
13%
*31
34
13%
*32
184%
184
184
121
121
*120
15%
15%
53
52%
53
51%
52
52
8%
tN
N
4,60(1
530
123
52
•
400
15%
Norfolk
20
300
6%
52
300
9%
8%
9%
8%
8%
8%
8%
101%
*100%
101%
100%
100%
100 %
100%
30
13%
12%
13%
13%
13%
12%
13%
12 %
12%
10,600
113%
*113
113%
*113
113%
'113
9
113
113
*112%
113 '
17%
*17%
18%
17%
17%
17%
17%
17%
17%
'37%
38%
*37%
38 Va
38%
38%
38%
38%
*37%
38%
4%
*4
4
4
109
Feb
Dec
54
Jan
1
53% Jun
10
80
Jan
Jan
A
—100
At Jan
4
1 % Mar
3
Va
Jan
%
13% Nov
24
26% May
7
19
Jun
30%
Jan
38
9
15 Va
Apr
23%
Dec
Western
&
23
6
Jan
5
July
23 V*
192% July 14
143
Mar
192
122
108
Mar
116%
Sep
6V2 Mar
11%
Nov
52%
Jan.
Jan
Nov
4
49 % Jan
48% Jan
56
Aviation
States
Pow
No
Telegraph
par
40%
'38%
40%
*38%
40%
*38%
40%
12%
12%
12%
12 %
12%
12%
12%
13
36%
16 %
16%
16%
16%
16%
16%
17%
16%
,.17%
16,000
41%
42
41%
41
41%
41
41%
40%
4i;%
2,500
Oliver
6Va
6%
5,600
Omnibus Corp
Preferred
53
Jan
9%
Dec
14
Jan
85%
Apr
96
Jan
2
18% May
6
2
116% July
23 Va July
7
8
Apr
100
19
8
Jan
6
x3% Jan
Jan
6
15
8% Jan
.2.50
4V2
41% Aug 18
14
31
50
—
Norwich Pharmacal Co
39
8
15
Jan
36
—50
Apr
14% Apr
6
7% Jan
39
8
15% Jan
107
$5 pfd-No par
Lines.
Air
91 % Jan
——50
.-100
Jun
Jan
1*00% Nov
8% Nov 24
1
Ry Co
Oct
113
18% July 21
56% Jun
4
American
Oct
Sep
162% Jan
pfd——100
non-cum
Norwalk Tire & Rubber—-—No par
400
Feb
May
Nov
aa
Northwestern
1,200
110
9% Jan
Northwest
40%
Apr
Dec
—10
Northern
Dec
12%
60 %
%
'38%
13
132
16 %
24
11
21
1
'12%
*38 Va
Oct
Dec
1
Northern Pacific Ry——
70
4 Va
*4
4 Va
4
4%
'4
22
Jan
Nov
6%
Mar
Northern Central
400
30
131
130% Oct
prefeired series————50
preferred series.:
—50
North
10
17%
2
11
Feb
Jan
May
4
15%
6
North American Co—
12,700
*100%
13%
12% July 29
Feb
Jan
2% Mar
5%%
101%
*
&
53 Va
10 %
May 22
2
Adjust 4%
22,900
26
51
i-
4
Shlpbidg Corp part stk
15%
'100%
9
Y
Dec
% J an
Ontario
Y
35
1% Jan
&
preferred
Noblitt-Sparks
183%
*53
51%
*52%
15%
'•
•35
181
121
15%
ik,
%
.
Oct
Jun
28 % Jan
tN Y N H & Hartford
%
Feb
12 %
17%
11%
100
1,400
1,400
13%
32%
May 5
26% July 23
74% July 24
100
——100
West Ry Co—;
N
%
2%
Y
20
7
Oct
$ per share
23 Va May
6% Jun
_1
Industries—;
5
Western Ry———100
Lack
1,540
U
2%
Conv
101
.—50
May 29
Highest
share
per
4
63% Jan
130
f
5
16% Jan
-B0
preferred—
non-cum
%
* %
par
—-—_i—.—------
2%
183%
52
'52%
6% Jan
%
*
121
53%
52
15%
15%
14% Jan
No
*2%
*33
35
*33
35
27
%
■.
14
'33
31% Jan
2%
13%
%
*%
100
IJ
'
.
2%
13%
14
13%
10%
51
27
$5 non-cum preferred——No par
136
'
>'■
Jan
Dock
Certificates
*128
12
11
N Y & Harlem RR Co
150
*130
*128
50%
York
44 %
1942
Lowest.
$ per share
2
Corp—-—No par
N Y City Omnibus
New
share
10% Jan
preferred series A—.
Year
Highest
27% Jan
100
6%
1,200
130
Central-
Y Chic & St. Louis Co
N
800
29%
130
$ per
No par
-No par
*2%
ill
.
2,000
*23%
*10%
'
%
2'%
7,000
12 Va
*130
New York
1,100
55%
24%
*130
New York Air Brake
23,900
18
12
29%
130%
*130%
15%
54%
Lowest
'
Par
300
23%
-
29
29
136
49%
49%
12
130%
131
15%
16%
*11
28
*130%
*130%
130%
15%
16%
15%
13i
'130%
*
34
15
18 %
56
Shares
<
/
.
6
31%
July 22
45
Apr
1
7
14% Oct
28
Jan
8%
Apr
Apr
110%
17 Va
Apr
38
Jan
20
Nov
Sep
Dec
Mar
3%
Dec
Feb
7%
34
Oct
Sep
10%
Jan
Dec
O
*41
Ohio
Oil
No par
Co
Farm
Equipment—-No
(The)—
'
7
7
7
18%
xl8
149%
*145
18%
'147
6%
6%
93 Va
93%
93 V8
93%
93%
93%
6f
9%
9Va
9%
*8'/a
9%
1,400
17%
1,800
9%
*9%
10
8%
93 Va
*91
93%
'92
6%
7,
18
17%
149%
18
18
,,17%
146
146
7
146
17%
146
>145
148
8%
32
63%
*61
'58
58%
58
*12%
13
12%
7%
8
8
8
*7%
*39%
40
40
40
*39%
40%
40
41
40 %
40%
16%
is
16
15%
15%
15%
15%
15%
15%
16
*12%
'61%
32
*31%
6%
32
61
61
*58%
63
58
58
58%
12%
12%
12%
*31%
32
63%
*61
63%
58 %
58
12%
12%
*31 Va
57
6
3% Jan
2
~10
1,300
12%
600
350
Pacific
190
21% Jun
5
154
Sep
15
15
38
Apr
8
Jan
22
67% Oct
18
12
64
July
2
12 Va
30 %
Jan
.59
Apr
Jan
2%
6%
Jan
2%
2
Jan
54% Jan
12.50
Oo_
8
6%
17
7
46
1st
Glass
10% Jun
15% Jan
par
Pacific Amer Fisheries Inc
Owens-Illinois
2
Sep 27
28% Jan
5
57%
95
142
——,——100
-No
2
3 Va Jan
No par
*—
preferred
Outboard Marine & Mfg_<
Outlet Co—
——-
21% July 19
50% July 2
8% May 22
Jan
69
conv
Otis Elevator
490
34
13
29 %■ Jan
6
preferred A———100
Oppenheim Collins
——No par
60
*31%
'31%
11% Jan
par
Apr
Jan
Jan
4 Va
Jun
17%
11% Mar
132
Dec
79
Dec
Mar
143 %
Apr
27%
42
Jun
48
43 V*
Apr
57%
Dec
xl6%
Sep
Dec
Mar
P
;
16
*12%
16
*12%
8
16
25%
25
25
112%
154
'13%
14%
*12%
3%
3%
3%
31%
31%
'2%
*102%
105
23 V'n
30%
105
3,400
Packard
8,300
Pan
4Va
*12%
14
3%
3 %
30
30%
29%
30
10%
10%
10%
10%
111
3% ;
111
111
170
Panhandle
2%
2%
3,200
Panhandle
42%
100
*102%
*
105
102 Va
105
22%
23 Va'
22 %
22%
51
52%
50
51
30%
30%
30%
19
18%
18%
4%
4%
4%
4%
21%
19%
21%
4%
20%
20%
55%
55%
96
13%
21
■
55%
55%
95
14%
*7%
2%
95
13%
30%
'30
18
30
17%
400
4%
1.000
18%
19%
56
.*54%
95
93%
55%
25%
38%"
16%
16%
*112
25% 4
38
*15 %
115
25
38
16%
*112
25%
25
55%
55%
*55
55%
55%
55%
*55
56
56
56%
5%
*5%
5%
5%
5%
*4%
48%
49%
48%
49%
47%
28%
27%
27%
29%
*25%
28
'25%
9%
46 Va
23
9%
10
r>
49%
9%
9%
100
9
9
2,700
45%..
46%
44%
45
43
43
1,100
29
29%
27
27
26%
26%
1,200
*26
27
*26
28
Apr
17%
Oct
17
Jan
May 20
19% May 22
6% May 22
19 %
Apr
29%
13 %
Aug
17% Mar
*26
27
Corp.—.
No
7%
7%
7%
7%
8
*7%
7%
*7 Va
3,400
7%
*7 Va
7%
7%
7%
*7
7%
300
20%
20%
15,600
47%
48%
440
89%
80
20%
20%
7,700
24%
2,100
$1
21%
21%
X20%
21
20%
20%
48
49
48
48
47%
47%.
88
88
89
89
20%
20%
20%
20%
20%
20%
24%
24%
.24%
21%:
21%
21
89%
24%
24%
24%
21
21%
21%
89%
*89
20%
20%
25
25
24%.
21 Va
20%
X21%
20%
80
82%
1,400
82
82%
81
81%
81%
80
81
*106
107%
*106
1,100
107%
*106
107%
*106
107 Va
*105
111
110%
111
*111
*10%
12
*10 Va
93
*88
*83
44 :V«
44%
*5%
5%
*92
52
25
4%
52 %
6%
68%
6%
*69
72
11
11
*11
*165
.173
*165
190
*184
*183%
4%
4%
*
11%
.
44%
Va
*92
-
120
52
6%
*6
5
4%
52
68%
93
*44
95
25
*104%
'4%
*4%
*88
5%
5%
95
-
24%
24%
*104%- 120
*4%
50
6'/a
*69
4%
51
6%
72
11
11
173
*165
173
186
*183%
188
*78
84
47%
47%
60
60%
*10%
*165%
7%
10%
173
4%
4%
4%
4%
8
8
7%
7%
*'78
84
47%
173
8%
10
*6%
11%
*165
*183
x4%
7%
*78
*165%
8
7%
62%
*61
17%
18
20
8%
9%
173
17%
*8 Va
10%
7%
62
84%
19%
*8
10%
10%
10%
10%
10%
10%
10%
*10%
10%
*10%
32%
*31
32-%
55
55%
13
*49
*69
*165%
18
56-
*4%
95
*92
24 %
24%
120
*104%
4%
48
6%
6%
72
—
8
11
7%
«...
8%
10%
8
10%
11
*10%
*31 %
33%
*31%
55 Va
55%
55%
10%
46%
59%
400
IVq
83
120
*117%
118%
118%
p.—
-p.
—100
100
,
13
12%
12%
12%
12%
100
1,700
—
.
118%
30
xl2%
12%
15,500
85%
2,070
*117
.
86%
86%
85%
86%
85%
86%
85%
94%
95%
94
94%
94%
94%
93
101%
101 %
101
102
101
101%
100 %
100%
111
111
110
110%
108 %
110
108%
110
114
114
115
115 %
114%
115
115%
115%
36 Va
37%
For
footnotes
see
page
2171.
37
37%
——
108%
—
"
*113%
X
V4
19%
Feb
29
Va Jan
Jun
27%
Jan
4
Apr
6 Va
Dec
28
5
Mar
6
Jan
29% Mar 29
8
10 Va July 19
4
12
8% Jun
Jan
23
Jun
Xl4%
Dec
Corp
—
Philip Morris & Co Ltd
13% Jan
Feb
20
Apr
20
109% Jan
7
7% Feb
17
14
79% Jan
5
100
42% Nov
9
3% Jan 16
50
series—----100
Phillips Jones Corp
7% preferred
Phillips Petroleum
Pnoenix
.No par
—100
No
Hosiery
$5
8
100
34% Jan
6
No par
5%
preferred
5 % % 1st ser
1
& Chic Ry—
-100
100
.
No par
class
conv
No par
—100
A
100
=.
pfd
pr
A
conv
conv
15%
80
uct
Apr
46
Dec
Feb
3%
65
May
Dec
Nov
Jan
19%
7
3
Oct
May
4%
Sep
26%
Apr
38%
Dec
7%
Apr
*
Oct
6%
4% July
56%
Jan
68
Jap
10% Nov
Jan
9
165
Feb
165
182
Aug 31
165
May
175
6% Jun
7
10% May 11
3%
4
Dec
May
Feb
Feb
5%
Jan
6% Jan
47%
Apr
62
Oct
52% May 12
20
Jun
Jun
33%
70 V
Jan
Mar 31
58
90
75
168
July
8
59
Nov
16% Mar 29
Nov-17
29
Jan
30
86% Nov
peb
20
Jan .28
62% NOV
6 Va
153
Jun
July
10%
153
Jan
July
22
100
24
No
No
Inc
par
par
_1
14% Jan.
18
4
2
18
Jan
7
Jan
6% Jan
6
6% Jan
14
21% July 16
23% Apr
5
Jun
1
13
13% May 29
11%
Jun
14%
15 %
Jun
18%
Jan
Oct
3 % May
5
%
Jan
5%
Jun
8%
Jan
6 Va
July
8%
Jan
24% Jan
4
40% Jun
22 Va
Jun
29 Va
Jan
par
48% Jan
4
58
Sep
17
42
Feb
52%
100
114% Apr
7
123
Feb
13
115
Feb
Nn par
11% Jan
6
17% Apr
5
No par
75 % Jan
20
96% Oct
5
preferred
8%
43
Jan
May
170
—100
5
No
1
'29)
Pub Serv
-
preferred.J_„,
50
13
Jun
4
3
9%
62
122
Oct
Oct
Jun
14%
Jan
Mar
86%
Jan
100
85% Jan
2
107% July 20
73 % Mar
x99%
Jan
100
96% Jan
4
114% July 20
79% Mar
111
Jan
—-—100
,
Pub Ser El & Gas
pfd
Pullman Inc__
1%
9
Nov
19
2d preferred—
Corp of N J
$5 preferred—
15% May
5
8% Nov
B__
of Feb
5
Jan.'13
3
Mar 30
8
Gamble:
(ser
59% Jan
24
May
% Jun
4
Pocahontas
1st
4
13
9
77
l%Jan
—5
Co
4
Jan
4% Ja,n
175
59
7% Jan
preferred
Steel Car
Jan
3
21
7
110
8
150% Jan
Plymouth Oil Co
Creek
4
29
May
"
Dec
107% Mar
6 Va May
3
7% May 20
<
Jun
65
1
preferred-—
B
9 % Feb
168% Nov
Sep
103
79
May
30
Jan
Apr
98
3
—100
Pitts Young <fc Ash Ry 7%
Co. (The)
Class
•
Jan 25
Jan 14
1
55%
26
pfd—100
Pittsburgh & West Va___
Class
5
59
July
19
2
-100
Pittston
pfd
3% Feb
No par
Pittsburgh Steel Co___
7% preferred class B
5%
26
102
Corp
preferred.
92
4
8
4
July
Apr
7% May
18
Jan
18% Jan
102
July 30
117% Jun
100
Pitts Screw & Bolt
5%
70
113
Jan
preferred—
5%
"
25
_100
Pittsburgh Forgings Co
Procter &
.
—100
& Iron
conv
Pressed
par
5
—
Pillsbury Flour Mills
Pitts C C & St Louis Ry Co
Pittsburgh Coal of Pa
6% preferred
Pitts Coke
3 *
7%
1
90% Jun
71
106
4%%
11
26% Jun
14
10
series.
Preferred
.
20 Va Nov 26
37
—100
4%%
preferred
210
May
25% Sep
—
preferred
1,090
51%
Apr
18
Jan
24 Va Oct 28
com
6%
9,200
36
Oct
7%
No par
3
preference
1%
Va
Jun
Dec
Jan
840
3t>
4
Dec
2%
30
18% Aug 23
No
com.
920
109 Va
-.26% May
47%
Jan
par
Electric Co.
101 %
115
Feb
Apr
%
15% Mar
Phila
93%
100 Ve
23
36
Jan
'
96
37%
500
31%
86%
37%
4,900
55%
95% '
37%
590
55%
'
par
20
Jan
76%
Poor & Co class
87
37
2,900
*30%
--
41% May 20
6% Jan
23%
40 Va
400
10%
27
5'/a Jan
Nov
16% July
32%
Pond
*10
Jan
par
Feb
25%
Apr
400
—.
18
19
6
No
Aug
108%
Jan
Apr
20
10%
34'/a Feb
7% Sep 27
59% July 23
16 V8 May 18
58% May 20
6
-5
Co
15
May
Dec
170
10
*
9
of America
May
18%
28%
1,700
8
9
1% Feb
5Va Jan
11
104
49
18
*7%
46% Jan
24% Sep 20
61% July 14
111
30
63
'
9
100
Jan
91% Sep
21% Oct
*60%
——
118%
12%
84 Va
17% Feb
28% Jan
Sep
Jan
2
x!7%
"
—
——
11
*118%
600
173
7%
5
—No
*19
—
—--
33
13%
10 %
21
32% Apr
-100
4
2
44
68% Jan
620
ioy4
55%
120%
700
84
*165%
,
Sep
2
Apr
Jan
Jun
1 %
22
7%
2,800
'
20
8'/a
7%
6
18
100
Brewing
Pitts Ft Wayne
*58
p.—
62%
*19%
4%
500
17% Mar 26
13% Jan
——1
1%
32
30
20
"45%
86
19%
400
*78
1
.
7%
18%
1,000
29
x51% Sep
185
4%
'
173
18%
100
Jun
23% Jan
Co__
Preferred
1,000
173
9%
85
6%
11
—
84
62
49
*183
4%
18
4%
*165
185,
300
45
Oct
Dec
Dec
8
14
3% Mar 26
4
29%
60
82
4
95
24%
72
V
173
8,500
9% Oct
Jan
Dec
Nov
Jan
170
120
*69
11%
62%
5%
*4%
50 Va
86
44%
*4%
59%
'62
32%
24%
59
18
*54%
'92
*104%
4%
60%
*59
120 %
4%
59 Va
86 Va
*19%
93
43%
47%
10%
8
8 %
*88
44%
46%
84%
19%
93
44%
47%
83
8%
*88
20%July
108% Jun
Prefeired
12
46%
83
19%
111
*10%
61
10%
*165%
84
110%
12
47%
*60
8%
*78
113
*10%
12
93
*92
25%
*10%
44%
5%
120
111
12
44
95
'24%
*104%
110%
81%
13%
Jan
Phelps-Dodge
Corp
—25
Philadelphia Co 6% preferred—-50
$6 preferred
No par
106
*110%
6
1%
44
Apr
56% May
20
5
Philco
21%
89
6
2Va
fe Mar
4
May
60% Mar
13
Jan-
6
29
100 '/a Sep
50
.
Co———
Petroleum Corp
Pfeiffer
Oct
1% Jan
33 Va Jan
No par
Ry
8
3% Jan
-—100
Pet Milk Co
7%
7%
48%
32
7
5
par
No par
-
preferred
7%
21%
30
7
Jan
1% Jan
16% Nov
—10
Corp
Eastern
&
5%
7 %
88 %
16
—10
Pere Marquette Ry Co
5% prior preferred—
7%
'43
27% Jan
par
No par
preferred
Pepsi-Cola
Nov
Oct
Peoria
22%
101
l'/a
200
22 Va
Oct
Mar
90
Dec
11%
700
22%
2
July 10
Dec
2%
38
14%
11,700
*22%
July
106 Va
Apr
8
5%
22%
Jan
16
47%
*22%'
Sep
1
20%
2% Apr
*4%
22%
11
Jan
52% Nov
46%
'22
101
July 12
Jun
85/
2
Cement
$7 conv pref ser APenn G1 Sand Corp
5%
Dec
12
Pennsylvania RR
Peoples Drug Stores Inc
Peoples G L & Coke (Chic)
22%
49%
200
15,100
6%
22
14
115
24%
7
Oct
l%Jan
..2.50
V
*38
Dec
15 % Jan
1
100
38%
27
17% Jan
No
Airlines
Apr
113% July 26
8
Coke
11%
11% Oct
11
Coal &
7
1
Nov
Penn
Oct
43% July
Apr
—1
Co
Penn-Central
Nov
Oct
3
106
Jan
Penn-Dixie
Nov
9
Jan 22
54
300
148%
4
4
80
400
2,400
Apr
Jan
45
par
2%
Jan
121
19
Jan
2
No par
7%
Nov
Apr
Mines—1
...
Co—
&
34
22%
Oct
1%
12
100
Nov
IV4 Mar
Jan
No
13%
■
100
Inc
Inc
Consolidated
(J C)
2%
*21%
9%
i
2
24%
5Va
35% Jan
par
Patino Mines & Enterprises
& Ford-
7%
113
44
1
No
Penick
13%
*111
25%
5.60%
Ref,
Penney
2%
'15
113
&
Transportation
7%
16
9%
200
2,000
L
P
Apr
Oct
8
5
—5 ;•'
7% Jan 16
pfd-100
105% Jan
2
lnc
Nov
11
Oct
20
Transp
21«"
101
23% Jan
&
Jan
15%
6% May 10
Pictures
Davis
7
17% July 15
9
16
Jan
2
Parker Rust Proof Co
14%
16
45%
5,800
94
Parke
Parinelee
160
Apr
Apr.
4
Tllford
7%
*38
9%
1,600
17%
3% Jan
10
No
preferred—
Utah
13%
16%
*44%
&
Park
*2%
38%
5%
Park
1,400
*4Va
*55
Paramount
1,500
7%
*15
49
12,500
1%
2%
*38
25%
30%
Xl8
1%
94
14%
16%
*110%
1%
2%
39
,
1%
5
9%
13%
2
Prod.
conv
Jan
Oct
25%
74
Airways Corp——5
Cos
*7%
8
2%
2%
25%
4%
148
Jan
6%
Apr
9
119% Sep
Jan
East
Paraftine
2
2% Jan
Petrol
*41%
4
Jan
30% Sep 24
45 Va July 20
28% May 24
91% Jan 25
—1
Car__
American
Pan-Amer
Jan
19
par
8%
Apr
4 %
16
20
par
Motor
3
1%
4%
8
300
-No
6% Mar
6
29
16% Jan
5
33
No par
——:
Apr
July 23
25% May 20
Maris
23% Jan
Telep & Teleg,—100
preferred——
——100
42
2%
42
51
30%
14%
300
10
25
Pacific Tin Consol'd Corp
Pacific Western Oil Corp
8,400
4%
14
3%
23%
95%
113
4%
4%
1%
55%
25%
6%
47%
96%
*110%
40
23
*38%
,
153%
1%
96
*2%'
*152'/a
50 Va
*18
21
*7%
153
23%
*54'
'14%
Mills
1%
4%
20%
Lighting Corp.:.
2%
42%
30%
Electric——
&
Pacific
*48%
18%
4%
Gas
Pacific
110%
2%
*41%
1%
*17%
40
Pacific
Pacific
-
23 Va
48%'
1%
*39 Va
3,500
60
111%
2%
23%
48 Va
29P/a
1,100
10%
*102%
13
25%
31 Va
105
29 Va
39%
*12%
42%
*102%
14% Jan
113%
30%
*111
16
-
25 %
*10%
111%
55
*112%
3%
*2%
43
13% July
13 %
5
25%
3%
*41%
2%
'41%
2
5
Co
112%
10%
111%
111%
*110'/a
7% Jan
6% Jan
23'/a Jan
Coast
153
14
8
10
preferred non-cum.—No par
2nd preferred non-cum—No par
Pacific Finance Corp (Cal)
10
112%
31%
31
8
**12%
29%
29%
4%
*12%
3%
16
39%
154
4%
14
*10%
31
*153
4%
4%
*7%
25%
25
113% 113%,
154
4%
29%
40
25
113
*4%
*10%'
*39%
25%
113
154 %
*154
29%
39%
39%
39%
39%
112%
29%
29%
29%
*12%
,
'
*12%
'
29%
8
8
108 % Nov
20
129% July 15
99
Mar
123
No par
113% Nov
18
122
111% Mar
116
No par
26% Jan
2
-
$5
Aug 18
40% July
1
20% July
28%
Jan
Oct
Nov
•
2169
FINANCIAL CHRONICLE
THE COMMERCIAL &
Number 4233
158
Volume
Range for Previous
STOCKS
AND HIGH
LOW
Monday
Nov. 20
5
15%
15%
•111Vi
4102%
20
*12 %
13'A
*12%
13%
Pure Oil
14,600
16 Va
15%
113
112
112
100
102%
102%
600
19%
19%
103
19%
5%
102%
*12%
13%
8%
*112%
102%
19%
*19%
16%
13%
102%
19 %
15%
6%
113
*111%
10%
•
20
*12%
19
„
14
19% July 19
Apr
3
114 Vs July 22
90 Va May
106 Va
Dec
107 % July 23
80 Va
92%
Dec
92 Va Jan
2
13% Jan
2
22% NOV
10
10% Jan
4
15
Quaker State Oil Ref Corp
share
Jan
11
par
—No
Highest
t per
share
per
104% Feb
100
preferred
conv
1942
11%
par
100
Purity Bakeries Corp—
1,100
13%
*12
—No
(The)
preferred
Tear
Lowest
$ per share
t per share
Par
Shares
$ per share
S per share
share
EXCHANGE
the Week
9%
113
103
*102%
103
15%
15%
15%
*111%
113
S per
t per share
per share
15%
Nov. 25
Nov, 24
Range Since January I
Lowest
'Highest
STOCK
NEW YORK
Sales for
Friday
Nov. 26
Thursday
Wednesday
Nov. U
£
share
per
SALE PRICES
Tuesday
Nov. 23
Saturday
7
Jun
Dec
14% Nov
5
9% Mar
July 26
8% Mar
10%
Oct
R
9%
7%
7%
7%
7%
.
88%
88%
26%
27
12%
13%
900
6%
6%
9,800
91%
90 Va
91%
1,710
69%
'7
/
90%
27%
27%
26%
26%
A 800
13%,
13
13 Va
3,000
30
30
30
15%
14%'
15
1,200
31%
*31%
13%
12%
13%
30
29%
29%
*29%
*15%
16
15%
*15%
15%
*32
33%
*82
33%
*32
33%
31%
27
*26%
27%
*26%
27%
27
15%
4%
4
4
4%
*3%
*76%
85
*51%
56
*51
56
*51
12%
12
x80
80
55%
*51
55%
Reis
12
*11%
12
12%
*11%
*17%
17%
*17%
17%
*17%
17%
*17%
14%
14%
14%
14%
14%
87
85
85%
62%
62
62%
14%
*85%
88
62
61%
62%
*9
9%
16%
17
*85 %
6%
6%
6%
81%
*38%
*59
61%
*59
11%
11%
*11
10%
7%
91
91
91
91
Reo
8,100
Republic Steel Corp
6% conv preferred
61%
*60
61%
11
90%
90%
7%
7%
7%
7%
7%
27%
26%
26%
7,800
36%
36%
*36%
36%
*36%
36%
13%
13%
13%
13%
13%
13%
*12%
13
*6%
12%
*12%
47%
*6%
6%
6 Va
300
6%
24%
23%
23%
300
*23%
13 Va
800
*13%
13%
13
13%
13%
*45
47%
'45
47%
*45
47%
47%
30
X28
28%
27%
28%
5,600
%
%
%
400
io
900
Yi
%
*3%
5
*6%
*6%
8
*6'A
43
43
*42%
113
113
112%
35%
38%
*37
7
110
110
109
109
1%
%
1%
22%
22%
*21%
22%
,
"
■
A
Va
40
*1%
Va
4,500
1%
1%
1,000
22 %
1,200
2%
100
Va
%
l %
1%
,
22 %
22%
22%
22%
2%
22
30
108 Va
108 Va
1%
%
%
i%
A ■I
110
*108
111
A
1%
112
*108
110
110
112
2%
2%
*2%
"2%
2%'
2%
*2%
82%
83
82%
82%
6,000
83
83%
81
83%
83
82%
16%,
15%
16%
4,500
16%
16%
15%
16%
16%
15%
16%
13%
300
66
71%
71%
&L
*70%
9%
'23%
23%
23%
65 Va
310
11%
11%
5,100
71%
*70%
71
71
*13%
*3%
3%
3%
3%
3%
24%
24%
*1%
25%
25 %
6,700
3%
24
3%
3 Va
1,600
X23%
1%
1%
*1%
1%
*25 %
26%
26
26
26
26%
26
26%
10%
10%
10%
10%
10%
10%
10%
11%
36%
36
36
36%
36%
36
35%
35
21%
21%
12
12%
3,000
16%
720
23 Va
17%
17
17%
16%
16%
23%
23%
23%
23%
23%
*23%
31
31
31
30%
30%
29%
21%
20%
20%
20%
20%
22
21%
800
12%
12
12%
11%
12 Va
25,600
1,700
*21%
26%
*26%
28%
28%
27%
28
*140%
145
*140%
142
3%
27
26%
"28%"
145
230
1,200
30
3%
3%
3 Va
26%
3%
3%
3%
*3%
3%
12
12%
12
27
143
36%
*36
29,500
16%
31
31%
28 Va
10%
•10%
*23%
18
23%
31
*26
500
26
*25
17%
*17%
*23%
3%
1,200
100
24
1%
'1%
1%
10
49
*46
24%
3%
3%
2,900
9%
9%
9%
25%
24%
24%
600
26%
26%
26%
400
28 %
600
140%
20
*27
28
28
*140%
140%
145
22%
22%
22%
22%
22%
22%
4,100
22%
22%
22%
22%
14%
*13%
14%
14
14
1,400
14%
13%
14%
14
14%
23%
23%
24%
23%
24%
"
23%
23%
23
19%
20%
19%
20%
20
20%
19%
39%
39
39
39%
37%
38%
51
51%
39%
*49
3%
.
<
'
58%
*50%
4
3%
3%
3%
3%
5%
5%
5'%
5%
5 Va
*50%
25
25
,
59
*55
59
*55
-
*31%
32
24%
24%
'35%
37
*«35%
37%
*59%
60%
*59%
60%
6 'A
6
'
*60
112%
27%
60
*59%
60
5%
6
5%
53%
35'A
36
61%
60%
60%
*112%
114%
27%
27%
52
27%
*112
115
*113
1
1
1
3
3%
2%
*59
*112%
27%
60
-
3
Va
27%
27 %
1
1
27%
27%
2%
2 ¥4
2%
35
33%
34%
33 ¥b
40
38%
39 Va
38 Va
39 ¥a
37
36 %
35%
36
35 Va
357's
35 Va
36
33
32 Va
32%
32 ¥a
32 %
32¥b
33
32%
53 Va
53 %
53 ¥a
53 ¥4
53%
54 Vs
41
41
41%
53%
54
41%
41%
6%
6%
62
61 ¥4
10%
10%
10%
10%
10 Va
9%
9Va
Va
9%
9¥b
15%
9
12%
60
*58
*128%
130
15%
15%
9
8%
15
8 ¥B
12 Va
12%
12
60
60 Va
*58
CO
128 3A
128
62
61 ¥4
10 ¥4
10.700
—
8,000
53
53%
13,000
*41
41 Va
900
■
9Va
9
12 Va
60 ¥a
128
'
9%
lOVa
9,300
Studebaker Corp
x58
58
1,300
*125
128
*125
128
160
5
8,300
5
5 Vb
5%
5 ¥4
57/a
16 Va
16¥a
16%
16 Va
16 Va
16 ¥4
*65Va
68 Va
*66
68
69
69
20 Va
20
20 Va
19 Va
19 Va
30
29
29
*8%
27 %
29
*28 Va
9%
27%
9¥B
*8 3A
26 y8
For footnotes
27
see page
2171.
30
*29
*8 ¥4
9¥a
8
26 Va
26%
26
¥4
—
Oil
(4Va%
Mining
—
_
5 ¥4
1.700
Sunshine
16 Va
1,300
Superheater Co (The)
Superior Oil of Calif
Superior Steel Corp
106%
Jan
113% Dec
ya
Jun
ft Feb
4% Mar
1
1
10 Va
Apr
10
1%
Dec
68 Va
68
*18%
29
.
8 ¥4
*8%
26¥a
25 Va
800
18 ¥4
2,000
200
29
9Va
26
Va
100
6,700
2
2
.
26% Jun
4
Jan
12
13
Jan
.4'A Jun
8
7
9
Sweets Co of Amer
Swift & Co
11%
Dec
Apr
10%
Nov
73% July 26
Dec
60
Jan
4
16 V4 May
7
73% May
5% Jan
8
10% Jun
5
4%
8
Jan
9%
64%
Apr
Apr
4% Mar
Dec
Nov
66
11
7%
Nov
31% Jan
4
57
Oct
20
30% May
35
Aug
14
29
Jun
30
10 Va
Apr
18%
Dec
5
Va Jan
2
July 15
5
Apr
7
May 29
2 Va
Jun
4%
Jan
2% Jan
16
1
28
Xl3 '/a
17
20% Aug
16
27 'A Nov
5
10% May 21
Dec
11% May
% Apr
1% Nov
2
Jan
21
27
1%
Dec
Nov
July 14
28 % Jan
11
45'A Sep
16 Va Nov
18
22% Aug
19%
22
16
Jan
19
39 Va
15'A Jan
2
Apr
•
30% Oct
24% July 19
23% Nov
1
19
2
16% Jan
11
20 % Jan
Jan
15
17%
25
Apr
20% Jan
Apr
15%
Nov
6 Va Mar
10 %
Dec
1% Mar
2%
Jun
Apr
15%
Jan
Jun
26 %
Jan
122% Nov
144%
Jan
21 Va
Nov
9
8
6
149% July
2
21 Va Jan
14
30% Sep
2
132
15% July
25 V* Jun
2
2% Jan
July 16
10
15% July 15
5
Apr
6
28% July 26
10 Va Jan
14%
9%
6
11
Apr
Apr
12 Va
Jan
7
2
30 % May
5
10
Jun
18 Va
Nov
30% Apr
5
18%
Feb
35% Jan
9
49% May
12% May
23% Jun
42 Va Jan
12
34%
50% Mar
14% Sep
10% Jan 13
15% Jan
15% Jan
2% Jan
5
5
6% Jun 30
6% Sep 18
4
26
18
May
,56
Jan
3
5
2
7
Jan
6
Jan 28
35% Jan
33
109
Jan
49
10
9
37 Vb Jan
2
4
¥4 NOV 26
Jan
2
5
25
115% July
par
1
2
6
6
9
23
2
2
23
20
4
1
2
122
Apr
4¥4 Nov
3 ¥4 Jan
par
12% Jan
58% Feb
14¥a Jan
26 % Jan
to CJ1
4 ¥4
Feb
22% Jan
Nov
Dec
31%
21%
Jan
30
Sep
37
Mar
49
Mar
60
Jan
2% Sep
29% Sep
4 Va
Jan
45%
Jan
27%
38%
Jan
Jun
108
Dec
40%
Apr
114
Feb
49 Va
109% Aug
30
113
89% May
110
Jan
Jan
A
%
Jan
%
Sep
Ost
Apr
2%
Oct
36% Oct 25
11%
Jan
40% Oct 22
6
Apr
13 %
Jan
.
■
8
18
Mar
38% July 14
20
Apr
29
30%
Apr
47
Dec
25% Apr
40
Nov
40
May
45 Va May
21
26
9% May
5
60
Sep
31% Mar 31
May
14% Jun
5s/a Jan
Feb
July
24
BYa May
12
4% Jan
2
15
Nov 23
5 ¥4 Jan
3%
59
Apr
6% Mar 13
66
48% Jan
NOV
Aug
Dec
2JA Mar 13
58% July 30
7 Va Jan
1%
Oct
3
1
29% Nov
Sep
25
1% Apr
39
17%
Aug 20
117
17
27
100% Jan
7
112 Va Nov
Jan
31
17
34% Nov
3
35 % Mar 15
44% July 24
60
Sep 20
8 % Sep 22
64
Sep 13
42
July 14
116% July 13
70
July 31
21% Jan 26
Nov
.
Nov
61
32'A Jan
24
Apr
66
6
6
Jan
2% Jan
33
par
10
1
4%
17% Jan
"
.,12%
1
Nov
8
20
100
I
62 Va
62
Jan
-10
(The)
Dec
3% Mar
6
17% July
8% Jan
25
Sutherland Paper Co
Sep
17'/a
43 Va May
Sep
Jan
1 Va
% Dec
20
18% Sep 25
90
64% Jan
54
10c
-No
116
1
.
Co
5%
16 ¥a
Dec
Aug
16
10 Va Jan
100
cum).
39
Mar
2
59% Jan
1
Corp
Apr
Feb
2
-No par
Class A pfd
Sunray
-No
Oct
25'/a
Mar 23
.
(The)
98
115
ss2 Jan
20
Sun Oil Co
May
112
% Jan
„1
__
Dec
78
4
May
16% Jan
5
5%
Jan
21%
107% Jan 23
111
„1
Stokely Bros & Co Inc
Jan
19%
Apr
109 Va
25
4,100
5
9
Standard Oil of Ohio
3,300
110
Sep
Dec
5
Sterling Drug Inc
Corp
Jun
104
107% July 24
43
teu
1
15
Jan
46 V2 Jan
8%
5¥b
Jan
38
25
58
4%
96
Jan
Stewart-Warner
Jan
12%
4
-No
Sep
44
x9%
2
L S„
10
Apr
3
39% Nov
Standard Oil of New Jersey.
11%
4%
9
12
5
8
(The)
Jan
29%
12% Mar 26
6% Nov
19% Jan
12
8%
15
7
7%
Jan
5
8
Mar
% Nov
lVa Sep
2
Mar 11'
13
47% July 24
114
Sep 17
28¥a Jan
57
*14%
7
10 % Jan
300
9%
9
4,900
Jan
9
15
8
28 Va Jan
11%
5¥b
*28%
10 ¥B
2
Jan
par
25
Starrett Co
Jan
Jan
Va
,b6 Jan
Standard Steel Spring—
34%
May
A
1
par
8%
5Vs
20
800
Nov
1
-No
$7 cum
Nov
Feb
1% Mar
par
Standard Oil of Calif
Dec
13%
47%
23
36% Mar 30
lVa Jan
Standard Oil of Indiana
21 %
May
7
3 Va Mar
Sep
Jan
Nov
34% May
16
9
6
preferred— -No
-No
prior preferred
12 Vb
5%
20%
200
28
-No par
8 ¥4
5
67%
3,700
6
28 Va
62
*27 Va
Oct
-No par
preferred
11 ¥4
5%
20 Va
*
28
105 % Jan
No par
prior preferred
Stone & Webster
5Va
67%
'
*61
15 ¥b
5%
17
—
5%
9Va
Xl4%
5
16 Va
j
—
10%
15 %
10,800
32 Va
62'/a
10 ¥4
.
36 Vs
32V4
6%
62
36 Va
35%
6%
50% Aug
35
—_Noipar
$6 cum prior
„
28Va
62 Va
9
41%
6Vb
*27Va
*61 Va
12
41%
6¥a
27%
*27
*14%
,
6%
27%
27%
9
41%
6%
27%
6%
*27
3,100
35%
39
35%
3,000
32%
9
9% Nov
Jan
% Jan
*100
No par
No par
Standard Gas & El Co
$4
Apr
Apr
18% Jun
Jan
6
1
preferred
1
6%
3%
3% Nov
No par
Standard Brands, Inc
Jan
6%
8
1
3sa Jan
2
$5 pref series A
Jan
54
4
9% May
27% Nov 26
No par
No par
conv
Oct
27%
'
—1
Conv
Jan
Jan
31
July 19
12
17% May
11% Jan
Spiegel Inc
2¥a
33%
39%
34%
Spencer Kellogg & Sons
Sperry Corp (The)
Spicer Mfg Co
$3 conv preferred A
8%
5%
14(4 Oct
Jan
43
Jan
85%
Apr
31% Nov
20 % Jan
No par
No par
—
74
x20
2
39% July 21
5% Jan
No par
1
Sparks Withington
2%
5,000
11% July 13
32% Jun
Oct
129% Mar
Apr
75 Vs
1
93% Jun
Jan
7%
Jun
3% Mar
15% July 19
2
Jan*
7% Jan
-100
Spear & Co—.
$5.50 preferred
32
2%
32 ¥4
34¥a
70
9
Southern California Edison
25
Southern Natural Gas Co
7.50
Southern Pacific Co
No par
Southern Railway —
—No par
5% non-cum preferred-*
-100
Mobile & Ohio stk tr ctfs
100
$4.50
20
15
Nov 15
12'A Sep
10
preferred
1
1
1
5,400
27%
113
*112
115
'111
115.
Feb
Nov
86%
78% July
54
May
6% May
34% Feb
—No par
300
10
18
Jan
100 Va Mar
Dec
4%
7
Feb
25 % Jan
Typewriter-No par
Socony Vacuum Oil Co Inc
15
South Am Gold & Platinum—-—J
Southeastern Greyhound Lines
5
South Porto Rico Sugar——No par
preferred
Squibb (E R) & Sons
114%
*113%
114%
9'/a Api
98
5 Va Jan
20
Iron
&
300
60
60
60
60
*113%
114%
70
Dec
19
Jun
28
Nov
5%
Sep
7 % Jan
Smith & Corona
5%
Jun
Dec
49
Jan
2%
80
No par
—
15
Sinclair Oil Corp—!
Skelly Oil Co
Sloss-Sheffield Steel
$1.20 preferred—
Smith (A O) Corp
71%
Mar
38%
60
Shell Union Oil
—15
Silver King Coalition Mines
5
Simmons Co
—,
No par
JSimms Petroleum-——
10
Simonds Saw & Steel
No par
$4.50 preferred
Square D Co
,
Dec
10% Apr
80
No par
No par
Shattuck (Frank G)
530
113%
13
13%
No par
pref ser A_
36%
*112
Dec
7 % May
64 % Nov
5% Jan
—No par
No par
No par
,
52
*35%
113'%.
*112
113%
*113
115
1
*112
36%
10
5,800
5%
52
53%
*35
53%
112%
___
*59%
35
113%
7,400
36%
54
*112
500,
24%
*36
35
113%
*112
31%
24
36%
53%
35
*31
*36
6%
600
24%
60
60
*34%
.
10
37%
*36
53
2,800
59
32%
24%
32
24%
52%
31%
*55
58%
*31%
52%
40
5
25%
6 %
2.800
53
*50
3%
31%
6%
10,700
38%
4
31%
6%
19
37
5%
*5%
70
*61
;
52%
51 %:
4
4
5%
*5
39,800
18%
19%
39%
22%
x21%
16
X55
88% Oct
Feb
10% Mar
x94%
100
Sheaffer (W A) Pen Co
8%
Dec
7%
20% July 14
tSeaboard Air Line
—No par
4-2 % non-cum preferred—-100
Seaboard Oil Co of Del
-No par
Seagrave Corp
„5
Sears Roebuck & Co—
No par
Servel Inc
1
Sharon Steel Corp
-No par
$5 conv preferred
No par
Sharpe & Dohme
No par
conv
22
Dec
101% May 24
5
5
.
;
$4 preferred——
$3.50
Dec
Apr
6
Jan
"
49
'46
*24%
24
71%
9%
9%
49
*46
24%
24%
65
11%
9%
9%
46%
48
24%
66
11%
*70%
71%.
*45%
24 %
66
11%
14%
.
11%
46%
9%
14%
66
11%
*13%
14
66
11%
11%
11%
13%
*65
14
*65
13 ?8
13%
*65
C Q
*2%
70
11
Oct
93
73 % Jan
100
_100
No par
100
.
Scott Paper Co
$4.50 preferred
200
38%
x38%
38%
100
106
Nov
Jan
Jan
14
10
Savage Arms Corp
Schenley Distillers Corp
5 Va % preferred
7,300
37'A
106
106
*38%
38%
*38 %
38%
*37%
4,600
35%
37%
.
*104
106
*104
106
180
7
6%
Sep
3%
Jan
95% Jan
preferred—
Safeway Stores
5% preferred
800
112
112
7
.
36%
37
36%
36%
36
*109
111
'109
7%
6%
23%
May
1%
4% Jan
._100
.100
preferred
non-cum
20
13% Sep 20
May
19% Jun
Jan
42 Va
1
non-cum
5
Nov
.
ISt Louis Southwestern
5%
42%
*42%
112%
112%
7
*110
112
*110
113
7
*104
108
*104
113
6%
(
8
Nov
20
—
St Joseph Lead
tSt Louis-San Francisco
5
*6%.
43
42%
43%
43%
43
112%
.
*3%
8
*6%
8
58
A
5
*3%
5
*3%
8
"
18.
%
*18
%
.
5
*%
%
*%
A
%
%
29%
29%
28%
86% July 27
Jan
12
_100
Corp
23% May
39
69% Jan
No par
lOOl
Co
Company
Nov
23
80
Jan
6
Feb
15%
5% Apr 29
1* i/8 Jan
No par
No par
Roan Antelope Copper Mines
Ruberoid Co (The)
No pai
Rustless Iron & Steel Corp
3
$2.50 conv preferred..
No par
Ritter
200
13%
7
Mfg
Richfield Oil
24%
13%
7%
35%
*12%
Rheem
6%
*3%
7
3,800
*23%
29%
o
.
900
9%
7
*45
30
29%
*12%
13
13%
13
20
——
36%
9%
13
9%
9%
70
36%
*13%
10
24
24
13%
13%
9%
*6%
7
25
*45
9%
12%
*24'%
9%
8
Dec
11%
Apr
Jun
66'A Jan
12
26%
5
5
Nov
30
Reynolds Spring
1
Reynolds (R J) Tob class B—10
Common
,_X0
1,100
26%
26%
35
Dec
23% July
Aug 24
32
22% May
14
100
1
No par
100
—100
No par
100
preferred
Reynolds Metals Co
5%% conv preferred
110
27%
14
;
1,000
90%
*7%
'27
36%
9%
10
11
*90%
27%
9%
60
11
11
91
13%
•
7%
5 'A %
60
11%
36 V8
27
10
80
80
82
& Brass
preferred
Revere Copper
2,300
6 Va
6%
Motors,
6% conv prior pfd ser A
200
88
*85%
6%
6%
160
102
26%
7%
7%
8
2,100
*80
f;
91
Inc
9Va
16%
*100
26
22
25
RR—
Saratoga
9
l
82
&
16
86
86
6%
*78%
Rensselaer
310
Jun
7
15% Jun
20
Preferred with warrants
300
-
Dec
7%
2
29% Jun
14% Jan
1
16%
102
87%
11%
*59
61
22
3 Va Jan
Mfg Co
9%
100%
81%
61%
*78%
85
*59
9
87%
6%
6%
*83 Va
Jan
22% Jan
Remington-Rand
2,700
61%
*100
88
*85%
88
14%
16%
16%
■
100%
100%
100%
100%
•100%
16%
17
14%
& Co 1st pfd
(Robt)
Reliance
Dec
15 Va
26% Jan
—No par
10
100
86%
61%
17%
14%
*84
9%
9"
9%
9%
16%
17%
17%
54%
100
Reliable Stores Corp
*11%.
Jun
100
*11%
55
*11%
34%
1
Jan
a
Dec
Apr
99% July .14
lOVaJun
11'A Jan
21
Dec
59%
3%
26% Jan
Hosiery
Preferred
30
46% Mar
3% Jan
—1
25
50
—50
5
2% Mar
2
54 % Jan
1st, preferred
2nd preferred—50
non-cum
Real Silk
*51
85
14%
400
non-cum
4%
600
4%
4%
100
26%
85
*80%
80
80
32
4
71% Oct
Jan
59
No par
Reading Company
4%
4%
preferred
conv
Raybestos Manhattan
Rayonier Inc
$2 preferred
500
26%
27
i
*4
4%
;
*76
*85 %
6%
28
15%
27
Radlo-Keith-Orpheum
12% May
4% Jan
——No par
No par
1
100
Corp of Amer
$3.50 conv 1st preferred
91
12%
13%
30
69%
90%
90%
26%
30
69%
Radio
21,400
*27%
87%
*26%
•30
8%
6%
7%.
7
8%
9
69%
69%
69%
69%
*69%
69%
69
9%
9
9%
9
14
xl7
JUly
Sep
10% May
13% Jun
63% Mar
130
6
Sep
Oct
7% Apr
22
1
7
12
29
7
5
30
29
18
1
May 28
7
32% July 23
33
July 24
12% Jun
5
82
29% Dec
Dec
22%
Dec
34% Jan
42
Apr
62
Dec
Jan
8 Va
3Va Mar
4%
Jan
~6%
Nov
6Va
4
Apr
3% Jan
43
116%
Apr.
Apr
"3% May"
Nov
6% Nov
55% Jan
128
Dec
5%
Jan
11% May
15 Va
Jan
9% May
16%
Dec
Feb
26 Va
Dec
May
17%
3VaMay
20
Sep
4% Aug
25
Jan
Nov. 2'i
Nov. ifo
Nov, 23
S per
S per share
5 per share
5
share
28 Vb
2818
28
28%
28%
29 %
29
29 Va
28 Va
29
20 %
28%
27%
5%
*5%
5%
5%
*5%
*7
*7
42 V'4
*40ai
4%
10%
10%
10%
48 %
47%
48
4%
*10 %
47%
11
*10%
4%
4 Va
4%
.
•
4%
.
14%
14%
14%
35%
35%
35%
35V>
35%
35%
9%
18%
17%
12
12
32
*11%
*48 %
49%
.49%.
6\
*5%
'
7%
7%
7%
6%
*5%
46
43%
43%
44
*3%
4
33.j
3a;'t
4
*11-%
12%
*11%
30%
2934
*11%
12%
30%
30%
30
'
4%
i%
1% "
18
18
12 34
13%
12%
13 %
12%
95%
100
9934
100
100
:
70
Thermoid
■■■i
50
44
3%
100
29%
1%
3,000
16%
1,700
13%
12%
100
25%
25%
24%
25af,
24%
24%
24%
44%
44%
44%
44
44%'
44%
1-
241/0
44
45"
12
...
•
,'V
7%
7%
7%
7%
*19
19%
19%
19%
24%
18%
12 %
12%'
*12%
13
*3%
3%
3
7%.
45%
2,400
TSr
85
86
*85
85
85
85
$4
*12
;
100
.3
Va
8%
8%
8%
8%
8%
8%
21
21 vi
21%
20%
20%
20%
27%
27%
27%
.27%
•27%
27%
27%
2634
27%
100%
100%,
100%.
100%
100%
100%
100%
100%
100%
♦5%
5%
5%
5%
70%
8%
8%
50
51-%
51%
9
9%
9%
*8%'
8%
5%
8%
8%
8%
x51 %
51%
95
Jan
8% Jan
R-)———25
(J
par
par
Dec
Jan
Jan
34%
2% July
3%
Sep
Jun
9%
Dep.
27Va
5%
Feb
Jan
1% .Nov
Mar
Mar 18
3
1% Jan
Alar
4%
30
4
33% Jun
Feb
26 %
3
52 Va
Apr
3%
9% Sep
Jan
Jun
Jan
41
18
49
May 27
6% May 24
15
July 23
•3
Jan
42
17% July
Jan
4
-33%' Jan
Oct
9%
Sep
Nov
2 Va Alay
July 12
Oct
4
8
52
Feb
4
103% May 26
85
Alar
97
Dec
Axlea-—i_— i—10
23% Nov
17
34% Mar 31
22
Alay
34 Va
Jan
V Timken Roller Bearing——__Ao par
40% Jan
20
50
31 Va Alay
43%
Jan
18
par
—10
94% Jan-
$4,50.,cony preferred—-—No par
Detroit
Timken
26% Jun
Jan
6%
Dec
25% July
8
7% May
18 V*
Dec
6'
8%
12% Alar
10% May
6% Jon
4
15% Jan
27
—
7
July
4
5
1,000
4% May
1% Jan
12% Jan
Jan
99
2%
% Alar
8
Nov
Nov
May 25
56 %
Jun
5%
Jun
7%
Jan
16
34% July 14
6 % Jan
25
Jqn
9% May
4
24% July 15
19 V*
Jan
263/4 Nov
90
Jan
69
preferred--:—
Ao par
Truax-Traef Corp——.—Ao par
20th Cen Fox Film Corp——Ao par
fsi 5ft w ••ferted—
-An par
$4.50 prior pfd-i.-———Ao Par
Twtn city Rapid Transit:—-Ao par
7% preferred
.
—100
Twin Coach Co_———;
:
-1
S6
140
5
11% Jan
Corp——_——"1
Tri-Continental
Nov
16% Apr
2
TranscontT &WevSt Airlnc—5
VTransue &'Williams St'l—Ao par
Transamerica Corp
10
...
1,200
,
.
71
8
5
34%
10%
900
5'4
69%
51%
70%
2% Jan
24%
Jan
7%
8
28
51% Aug 19
15%
700
100%
5%
70 V'4
'
534
70%
8%
8%
8%
5%
70%
5%
70
70
69%
*8%
21
5
Jim
7,000
8%
Oct
,14
12
Jan
Jan
9,400
27%
*8 %
Dec
8
",300
21%
20%
21 Vi
8
Dec
8%
8%
250
•
Oct
8%
Apr
4Va
15% July 14
4,100
85
85
85
800
13.
,,
2%
3%
3
3%
3
13
*12
13
*12
3 V*
18%
*18%
37%
4
2,600
19
Apr
12
1,400.
45%
7%.
7%
7%
19%
27% July
„
6% Jan
preferred—j
Transit/Corp.aJVo pari
/
7%
19 U
16% Nov
35
3% Nov
Apr
'
Jan
1,720
24 V'4
-
-
—
7% Jan
13% July 14
Dec
Alay
5
July 22
Oct
J ab
42%
Apr
2
18
Nov
4
9%
9% Jan
7,900
100
28
Nov
35
7 Va Alay
8% Jan
1
—10
—
Thompson Products
—i—JVo
Thompson-Starrett Cc———A'o
$3.50 cum preferred—„i—At
Tide Water-.Associated Oil—-
1,400
1%
99 V*
$3 div conv
Thompson
16a4
•13%
Co—
Third, Avenue
1,500
11%
6% July 14
41% July 13
3% Jan
Jan
5a/4 Nov
Apr
30
34
———100 '
Preferred'
..
...
4,700
7%
5% Mar 16
13% May 29
53% July 14
Dec
5%
,
100
6Ve
93
*29 Va
'
—
17%
100
100
340
,
11%
2
17
12%
12%
2
18
%
*3%
29%
*1%
'
1%
17%
1,700
49
Jan
41% Jan
25 Va
;
Apr
1% Alar
8% Jan
Texas Gulf
1,900
2
Apr
Jan
3
Texas Gulf
8,800
44
12
29%.
30
•
1%
37%
*1%
*17
Corp—--
Tennessee
3,800
9%
7%
—
4%
*11%
12
Telautograph, Corp
600
16%
*91%
44
3%
■
4,000
45
35
_
% Nov
29
32
12
*5%
■
—
—
7'%
44
44
*43%
4
3
*48%
6%
7
■
24
16 Va
.
93
*91%
7%
7%
7%
8% Jun
14%
9 Va
—
'
—
.
49%
*5%
v
92
92
25
partic preferred
5'/aii
'•
90
11 Va'
10%
49'%
'
50
*49
5%
92
92
5% Jan
9
50
„—„5
——:
____5
Talcott Inc (James)
a
share
per
33/4 Aug
Producing———i»No par
Sulphur—:
--No par
Texas Pacific Coal &-Oil_L_——10
Texas Pacific Land Trust—
1
Texas & Pacific Ry Co—
100
Thatcher; Mfg Co_—^-aJVc par
S3.60, conv 1 preferred—-.-.-.No par
The Fair—
;—
—No par
11V;.
11%
,
49:^
5%
a
92
*91 Va
15% Aug
20
TeXaS'Co.v(The),_^iii.Ui.__^___~__25'
16%.
X16%
.
8
8 Va May
3,100
15afi
14%
18%
12V»
35% July'
2
7,200
14a4
9r,.i
10%
17%
12
8
4% Jan
3,600
35
10
10
18%
10
9%
18%
22% Feb
5
*4%
$
% Alar
CCrp_———1
35
47%
5%
35%
19
22
share
Symington Gould
48
48%
14%
14%
14%
-.
35 % Apr
8
1942
Highest
per
Sylvanla .Elec ProdVs. int._-_i.JVp par
10%
5
5%
5
5
4%
5
5
27% Nov
10%
35
-
48% "
48
Par
:• -V
,
$ per share
$ per share
10 Va
'■ 10%
47%
,>
•"
1,700
•
4%i
4%
—
"
-
Swift International Ltd———-
7%
431
*40 Va
.
'
*4%
5 Vi
*7
__
•
Lowest
3,000
27%
5%
•
....
Year
Range Since January 1
Lowest
Highest
2,400'
28%
27 Va
42%>
4%
41%
41%
28%
7%
*7
7%
*7
7%
42
7%
42
42
5%
Shares
I per share
share
28%
27%
5%
28%
5%
S per
per share
•
the Week
Nov. 26
Nov. 25
Nov. M
STOCK
EXCHANGE
'•/
NEW YORK
for
Sales
Friday
Thursday
Wednesday
Tuesday
Range for Previous
STOCKS
PRICES
AND HIGH SALE
LOW
Monday
Saturday
Monday, November 29, 1943
FINANCIAL CHRONICLE
THE COMMERCIAL 8c
2170
Nov
oi't
101
71
7Va Aug
Oct
13
6
Nov
4% Jan
9% Jun
1
1%
Jan
Jan
77% Jun
18
21 V«
Jan
78% Nov
10
5 Va
Alay
7ya Nov
67
113/4 Jun
3an
6%
U
*49%
50
00
50
9%
9%
9%
79
79%
78%
79%
*116
116 Va
*116
116%
*116
116%
112 >4
18 %
*112%
112%
*112%
112%
18%
18%
9%
112%
18%
■
*94%
93%
26%
26%
*
60%
*58%
*23%
25
33 V*
12%
33%
32 Va
32'%
12%
6
20
74%
8
28% Mar 30
21 %
Aug
25% Jan
6
40
23%
Jun
93% Jaii
4
89
Apr
9,200
27
'
600
12%
12%
United
300
United
Biscuit- Co-lV——Ao
117
50
61
25
24
24
4%.
*5%
100
1%
32%
31%
31%
12%
13
*6%
6%
6%
$3 preferred———
12,700
26
70%
7%
25%
70%
25%
25%
25%
1,000
70%
70
70%
1.500
27 V
8
8%
/
14%.
*175
177
179
*83
8%
5%
2
36%
16
*111
113
*111
5%
5Vfl
5%
•
35%
1%
1%
.
175
70
8%
'8%
8%
43
*42%
A3
1,100
,
:
34
33%
5%
*4%
5%
15%
.
*111
113
5:'i,
5%
30%
IVa
IV2
38%
*126
39Vs
126%
*37
40
120 V
1213a
a
*71 %
52
51%
11934
121
e
21
.
47%
52%
■
21%
*43
473,4
213„
*43
52 hi
72%
51V>
1203n
21so
47-%
11,100
Preferred,
100
1%
52 %
*71Vc
50%
•52%
72%
51%
121%
120
-213.4
*3VB
3%
*3%
3V4
3%
2%
2%
238
2%
2V4
—
——.
2,100
;
83
*80
*15
15%
*15
3%
*30V'a
31
*30 Va
•68% '
*67%
31
*673
68 Va
a
*163
*163
3 Va
3Vo
*79%
83
15%
*15
3Vti
*30%
31
*67 Va
68 Va
15%
2
83
2
3
a-—'
'
3
*30 Ve
68 %:
4-
'
-
"
31
*68
31
$6
preferred—
conv,
.
93.4
69
■T
8%
17%
18
101
a
9%
llO3!
*41V*
60
*62
70
*21
3434
34%
34%
*343 4
*117%
HO3,
*117%
21 V'4
41V 4
*62
*41%
42
*41 Va
42
60
*59
60
*59
*62
21
21 Vi
Vi
3%
*21%
3%
3%
48%
48%
*62
70
*34 Vi
21 VB
22
—
*62
_
21%
21%
3-%
3%
3%
47%
483
48%
*1193'2
*46%
*119%
120
11934
120
42
1,400
3%
.
-Ao
—
No
Tob-
par
par
100
119%
•
10
1 *40
41
50
42
*40'%
Va
40%
41%
39%
*38%
39%
*38%
39 Vi
38%
38%
200
33%
33%
*33%
33%
33%
33%
33
333 i
1,000
104%
104%
*104
150
—
*
104%
104 %
150
150
149
149
37
38
*147
—
Nov 13
59 V4 Jan
15
Jan
12
4
7
*147
i—
1
Van- Raalte Co Inc—-
7%
1st
;
Vick Chemical Co
5
—
100
100
5
50
105
30
—
non-cum
-
-
.5
100
preferred-
Va-Carolina
500
*40%
105
30 Va
150
Chemical
Ao
—
par
6%
div partic preferred—
100
Va El & Pow $6 pref
Ao par
Va Iron Coal & Coke 5% pfd—-100
Virginian Ry Co_
6 %
preferred
Vulcan Detinnlng Co—
Preferred
•
25
25
-—-100
100
—
25% Jan
115
11
Alar 15
Dec
1
Mar
Va Aug
13% Alay
20
23
54
Mar
V4 Apr
37
-
58
Apr
Jun
5
15 Va
Apr
6 ~j.
Oct
20% July
6%
Dec
30% Aug
32%
Apr
107 V*
Apr
29 Va
2
July 19
88
4
8% Jan
1,600
;
*33%
105
5
17
1,100
21 Vi
47
*38 Va
•
Jan
Oct
Jun
26% Alay
27%
Dec
103%
Dec
51%
Jan
71
Jan
55%
Jan
119% Jan
24
Jan
39% Alar
46%
Jan
% Alay
1%
3% July 19
3
Oct
4
Jan 23
23
preferred™.
Victor Chemicalt *Works
a
107
a.
•;4
15% Jan
5f'e
70
'
"
41
6
2% Nov
Vicks Shreve & Pac Ry
60
393
a
'*143
*119V2
120
—
41%
41*8
*104%
*119 V»
120
139%
333
4
300
343,
*59
70
47%
3%
48
1% Jan
14%
114
20
Alay
50 % Aug
4
56
May
Jan
41
Sep
34V4 Jan
9
7
Nov ■' 1
29
42% Jan
Jan
Jan
22
Dec
Dec
4% July
Apr
7
44 %
8
1434 .Ton
near
2%
59% July 15
Nov 18
Van Norman Co————2.50
500
119%
41%
—
'
48
a
Vanadium Corp of Am——Ao par
1,700
9%
*117%
.
60
70
.
17
205
1
preferred_a
J
.
Ala.v
125
Jan
112
5
No par
Apr
3% Alay 10
7
'
II934
*58
3%
9%
'
34%
II934
413 4
41%
*56
167s
17%
934
*34 %
*117%
3%
*9%
10
47% Jan
1
Preferred
Univeioai
10
.•
1
.
Gorp-_
rTni"orcoi_r,x»f»innc
Universal
——
Va
*163
*117%
34
34
*17%
18 Vo
I734
lOVa
■
25%' Jan
Laboratories Inc.—
6no
Ve
2
64% Jan 13
'
1834
18 V4
*10
Jan
441'a Jun
15
50
600
15
15
-L-„.
3S/8
*30 Vo
683
*793
83
*163
*163
—
~
*3
Jan
32
74
_r___
Jan
24 Va
r
July
50
Stockyards Corp—,
•
Aug 23
46% Sep
preferred-——25
6%
July 19
9% Jun 10
62
100
Apr
99
7
129% July
—No par
Alay
174%
8 Va
4V4 Nov,. 8
9
8
114 Oct
8
Preferred,':-—u
non-cum
197a Apr
4
par
Jan
64
Alay
34%
'
'7% Apr 26
8
6
16
5
,-_iAo
Feb
11%
'
Jan
Jan
Steel Corp
7%
Jan
Jan
United Stores class A_
4,500
•
*80
4
108
46
————
87
4%
x4234 July 14
101
Preferred
Apr
40 %
1
4
1st preferred——100
Smelting Ref & Min——
United
400
2%
non-cum
44% Nov
17
Jan
-'-.No par
U S Tobacco Co.—-—.
2,900
3
2V4
'
-»■
4
47%
3
3%
23,4
—1
■
.
U S
16,800
2134
*43
213,4
4734
*43
21
300
.
121V4
120%
■
a
50%,
50
—-s
1,400
713
71V b
w
—
53
*52
•
8%
U S
Dec
159-
29
13% Jan
U. S' Rubber-Co—-. 10
1,000
Feb
5%
6V4 Alay
17
10 V8 Oct
42
7,400
126
*125
•*
'
181 Va Apr
39% Jun
1
Realty. & Jmpt——
4%
Apr
77Va
37% May 25
38 V 4
37%
39
19
17
13
U S
Sep
2 Va
20 '
Jan
•
•
Plywood Corp
Oct
2%
•
July 13
753 4 Oct
13
5,400
126
19
8
29
-10
Playing Card Co__.
1%
383 4
98% Nov
29% Jan
1%
125:34
2
16%
Apr
4
4
29% Jan
1%
:
6
,_20
U S
2%
3%
U S
5% Apr
30
-10
——l
72% "Jan
5% Jan
1
__V
Jun
13% Alay.
173
.100
-
•
1,000
3V4
15%
preferred——
Lines. Co
48 Va
•
par
35%
2%
83
Prior
21.
2% July 21
29
Oct 29
6
59
par
35%
*3%
8
-No
U S Pipe & Foundry.
1,600
40
—
36%
36
*'
5%
30 34
30%
Leather Co—
S
U S
9%
*9
9%
31
31
*38Va'
41
5%
" 5%
*9
k
•
35
4
Jan
Feb
Jun
6
9Vo Jan
Jan
6% Sep
25aa
84% Jan
.J00
Partic & conv cl A——__. ..No
>•
-
4
*
U
76 "2 Sep
9
16
Nov
50
8
Apr
4% Jan
,_20
—
35
Dec
3%
Apr
3% Alar
5
9% Jun
4
Dec
8%
Apr
1%
& Oct
18
33 Va Aug
3
Feb
1
July
4Va
22 >
30
July
3 Va Jan
U S Hoffman Alaeh Corp—
,_50
5% ft conv preferred—
>U S Industrial Chemicals— :.No par
113
*110
113
preferred
5% Jan
Jan
16% Jan,
.—5
1,300
36 %
72%
51%
52 V4
*16
7 %'
100
15%
1%
53%
72 Va
*80
800
343a
,15%
"•
72
*3 1
Gypsum 'Co—_
15%
41
39%
72
213
Freight Co„
U S
*434
9%
•,
52
21V 0
U S
*33Va
31 %
126%
53
*43
300
2,200
175
9
66
,
Jan
Dec
20
Jan
3Ta
11
29
15 Va Sep
4
2 Va Jun
—No par
13%
16
4
60 % Alar
—
69
3
Jun
35% Sep
Oct
Oct
58 Va
May
2% May 10
2
5
25% Nov 26
_Ao par
Ao par
Secur_:
1st preferred
$6
68%
.
2
*9
39
53
121 %
U S & Foreign
150
113
37
7
.
1
10
United Merph & Mfrs Inc..—
United Paperboard—
:
2,200
53 4
31
126
125
52
7%
16%
343
36%
36
1%
39%
39%
125
*42'a
41
*40
41
25%
8%
83a
43
9%
.
31%
31%
*37
:
1,000
13%
.14%
70
4,900
98 Va
*97
179
*175
177.
31%
*9
9%
*9
31%
6932
10,300
''
4
■
5%'
5 3/8
*5
5%
10
113
*111
34"
333.V
*5
16 Va
5%
8%
*42V;'-
45
33%
3334
333i
71
al77
8%
2
*42 V 5
45
*13%.
14%
71
•
7%
7%
97
97
2%
*3%
-4
104% Alar
1
2% Jan
lmprov'f ex-distribtion_
United Gas
11
7% Jan
•——.
1,500
28 'a
27%
■
4%
7%
ti
97%
*14
70
„
81
8
^97
14%
70
14%
8%
8%
27%
.i
*4
4%
2%
2%
2%
27%
*4
97Va
97Va
71
*42%
2%
27%
8
'
U%
96%
a 1.77
2%
27%
4Va
4
90%
70
2%
.
27 V4
4
;
7%
Jan
20% Dec
Jun
38% Jan
United' Dyewood 'Corp——1
<
Preferred
—100
United Electric Coal Cos-,.—.—5
United Engineering & Fdy——5
United'fruit Co———'.—No par
104%
Apr
17
X26
7
M Jan
17% Jan
________5
UnitecRDrug' Col-i-
90
*50%
7%
27%
2%
2%
2%
*3%
16 V
25%
70%
:
'
27%
.
7%
26,
70%
703«
52
52%
52
53%
7%
; 7%
25%
*52%
7%
.
26
70%
*25%
:
400
j
70%
53%
7%
7%
7%
53
5-%
o%
*5%
6%
2,400
'
*52
54
*52
13
7%
8
69% Jun
16
18% Jan
Feb
Feb
9% Alar
114
2
55% Jan
No par
—No par
81%
30
'
109 Va Jan
United Corporation-
27,800
3
Nov
y36% Jan
22% May 12
8
100
preferred-———.
conv
United Carbon Co_—
May 27
33 3e July
*
—-Ao par
United-Carr Fast Corp_
_Ao par
5 f.r
/
300
1%
1%
13
313%
•
-
Jan
16
par
Oct
114% Jun
17% Jan 20
Air. Lines:
18%
*18
7,800
59%
13;
preferred^
•--,—_100
Transport—:—1J5
5 % • cony
..
23%
•
97
Jan
16% Doc
85 %
Jun
24% Jan
Nov
108
Jan
79% Jan
Pacjfic RR Co—_—
Jan
Dec
113 Va
May.
63%
.100
Union
"
'
10
2234 July 14
102 V2 July 16
nqn-cum preferred
;
100
Tank" Car™——-h—No par
5
United Aircraft Corp_—
59
<
8
2
Union
*112
1%
Alay
100 Va Mar
15% Jan
Dec
9%
83
Apr
V..4C
113
1%
32 %
34%
12%
1%
Sep
108
19
114% Oct
2
46
Jan
7%
58
400
1,400
100
22%
48%
105% Jan
X118
5
287/a
2
26
May 27
Apr 29
500
*58 %
%
25
*23
'
1%
IVB
1%
.
Jan
113
July
113'4 Feb
86 3 8
a
*23
59
59 V*
60%
59 %
*23%
25
*
1
18V4
*112
59
2
8014 Jan
941
100
-23%
,
Nov 17
77
26%
26a4
27%
1003'2
Jan
18
Jan
8
Co
& Paper—
*
95%
94%
94% '
23
18%
3,700
*26%
26%
27 Ve
117
*112
114
114
114
18%
18%
18 Va
18;%
*18%
112a4
94
23%
23%
24%
23%
24%
23'%
95%
94
100
100
100
100 %
4
28%
27%
28%
27%
100 3
100 34
94%
*26
90
18 %
18%
19
'
.
4,300
78%
42
No par
Ao par
Union Carbide- ;&• Carb——Ao par
Union El .Co of. Mq 85 pfd—_Ao par
Preferred $4.50 series-!—:—Ao par,
Union Oik of California—-25
Union Bag
4,800
.
116%
*110%. 112%
112%
'"
26%
s
v
*116
116%
18 V 2
96
26 V
26%,
*116
112
.
94
95%
94
*26%
28-%
28
100%
95 %
*93%
95%
94
95%
93%
18%.
18%
78%
78a.,.
78 V a
79
78%
9
9
9%
.
Under Elliott Fisher
Oct
1
Oct
34% Alay
60 %
Dec
12
July
15 3/4
Nov
7
41
Alay
61
Oct
4
142
Apr
.152%
Dec
Jun
20%
Jan
27
2
%
Apr
July
2
July 16
40 %
75 Va July
Nov
163
25% July 15
12% Feb 25
14%
7%
19
37 Va Oct
21
Oct
5
44 Va Oct
6
30
120
112%
Jun
Alar
Jan
May
11.Va Alar
26
Dec
116% July
42
Dec
40 % Nov
16
Jan
22
65
Aug 28
50
July
55
Jan
51
15
.6
55
Sep
Nov
Feb
67% May
60
57
26a4 Feb
15
20% Nov 18
2% Jan
4
6% July
68% July
Jan
5
Jan
15
Xl23
20 Va Jan
14
45
Jan
14
40
29% Jan
2
8
Jan 26
39.
116
27
80
113
Jan
-
1
1
Aug 30
Oct
1
18% Alay
1
Jan
Jan
40 %
Oct
110 3% May
117%
Dec
JUn
21%
Nov
31%
Jan
22 Va
14
1
24
Apr
26
May
110
8
Aug .18
70
Jun
150
Nov
22
120
Mar
Oct
35% Sep
Va Jan
2% Oct
25
29%
Oct
96 Va Mar
138
Jan
W
37 Va
31%
10%
103'a
10 3 a
37%
10%
10ab
'
25%
26
106%
25 7 0
*105.
*105
25%
26
106%
'
For footnotes see page 2171.
*103
37%
10%
25%
106%
37%
*10%
25%
♦105
36%
37%
10%
1
•
1,200
'
103c
^.-1
25 V 4
25 %
106%
36 ai
*105
—
.
Wabash
RR
4%%
400
Waldorf System——
'253/*.-
700
Walgreen Co——:
106%
4%£>
preferred
100
24% Jan
4
39%Oct30
-Ao par
7Va Jan
5
11% May 29
28 Vis July 15
109
Jun 10
preferred
10%
——
__Ao par
:
100
20% Jan
2
Feb
10
103
21% July
6% Mar
16
Apr
97 Va
Jun
30%
Jan
7%
Nov
20% Nov
102 Ve
Oct
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4233
158
NEW YORK STOCK
LOW
Nov. 22
Nov. 20
$
per share
7,
*48
48
*17
H%
•'1%
Vfz
*1%
lVa
*46%
47%
47
47
11%
11%
11"%
*24%
25.
*24 Va
.25
*20%
20 Ta
*20%
15
14%
,
14%
22%
22 V
7Vo
6%
22%
78%
15%
9?%
82 1
15
15%,
-82-
27%
Va
„
26
'
'rvl
3 Va
7%
7%
3 Va
3
.->
7
•.
'7 Va
3 Va
*■
•
1
24
20 Va
20'4
20 Va
19%
91%
*
109 %
*109 /r
*56. :
59 Va.
*94
39%. 19%
19%
19%
19%
7%
*7%
7%
21
*7.%
•£•
17%
.
17%
'.*17
:
4%
5
f
66
60
GO
25
*24
25
*64
*23%
4%
4%
*4%
5%
5%
}
7%
7a
12
*77%
78%
'
*120
%2o:
*120
—
300
100
6
4%4
2
3
:
5%
12
78 Va
*10%
103/4
Apr
91
41%
Apr
104
Jan
87% Oct
11
36
Apr
93
Jan
3
102
Alay
Jail
-
2
Jan
8
5
119
Jun
7% Aug
7
Sep
12% Alay
Prior
*120
preferred...;
1,000
3
49% Oct
27
Apr
4% Alay
23%
8%
30
Feb
Tan
Oct
13% Alay
19% Feb
83
2
ioo
July
l
Jun
3
109
Aug
JuljV 9
23
Apr
22
Alar
120
Jan
5
135
31
Jail
12
40
24% NOV 22
106% Jin
Jan
63% Apr
24% May 29
4
81
Jan
Deo
3%
2
5
Jan
24% Nov 20
15
Nov
.
29% May
5
Deo
Jan
127
325
2
31%
100% Jun
112% Jun 23
15
2,400
6,700
77%
700
10%-
18.
Jan
58% Jan
■f
15
108%
Deo
100
„
.
Wilson & Co Inc
—
:
6
99
Oct
25
42%
Jan
Oct
Jun
17%
50
Apr
July
58!
93
Jan
5
Dec
27%
Feb
Dec
69%
Jan
12% July
■
71% July 14
20
Dec
80
24% July 22
2
5
14
Jan
Apr
15%
Deo
a
13% Jan
2
22 34. Aug 11
12
Jun
15%
Jan
3% Jdn
5
10% July 26
3
Alar
5%
NOV
2% Jan
8
1%
Apr
Alay
3%
..
7% Oct
15
86
Apr 30
40
19
27
Oct
15%
Apr
634 July 19
1%
Apr
9% Jun
1% Aug
2%
Oct
4%
Apr
8%
Deo
3%
Sep
6%
Jan
73%
Jan
2% Jan
2% Jan
1,
Jan
8
-10.
4 % Jan
57% Jan
-No par
.;.
28
86% Oct
9
Jail
27
115
Jan
8
Woodward Iron Co;—————-10
17% Jan
9
Woolworth JP W) Co
30% Jan
2
pfd_„
1
14% July 14
9% Sep 20
.
.100
;
Jan
Jan
40
..10
Co
Wisconsin. El Paw 6%
1
x2Q%Jan
No par
SO preferred—
Wilson-Jones
j-JL
60
par
—5.
Wilcox Oil & Gas Co.......
7%
Mar 13
Jin
9
52.
85
~NO' par,,.
...fi; ..20
Willys-Overland Motors.-^..
.1
6% conv. preferred—
12%
77%
11% Apr
8
Feb
20
1.
10,900
4%
*10%;
2
20
Jan
—1,
White Motor Co!
70
•
•
2
Jtjn
22
100
preferred
White Rock Min Springs- -No
■
2V4 Jyn
303i Sep
6% Apr
18
104V2
97
Sep 22
Jan
113%
10% Sep
16% Oct 29
110
2
..
25
■
*120
conv
White Sewing Mach Corp.—
S4 conv preferred.——...
66
*12
,.'•%• 7
10% Nov
34
14
15% JAn
Wheeling'Steel Corp.....
No par
$5 conv prior pref
—_Aro par i,
White Dental Mfg (The S S)...._20
5,100
4%"7 5
■.
:
5%%
1,100
'■
Jan
Nov
Oct
Jnn
Wheeling-;& Lake Erie Ry...—100,
1,900
T
-
20%
X71%
15
May
59% May
Aug 20
,
NO par
6%
.
*4%
4%
5'%
*77%
-'4 -V
19%
*64
..*24
'7%
;
26% July
,
No Par,.
! 4%
3,4
4%-
.
25
7%
1,
'
19
7%
4%
12
-
1,700
20 Va
%
30
■
*17/> 17%
:j
17 Va
,78%-:
*10%
July
Feb
'
;
20%
20%'
66
7%
3
79% Nov
5
r
12.50.
Instrument;
S4.50 preferred....
•
20
65 Va ! 65 Va
.
<10%%*
*77%
10%; 10%
30%
.
21
•
Elec
Westvaco. Chlorine Prod..
'
^,
9634
-
.
-
20
*95
4%
12
4:7%
7%
Weston
66
•
Jan
8
37!'a Oct
Westinghouse El & Mfg..__.2J.-50.';
1st panic preferred
50
,
*109V4 110%
*56 """ '58%
..
7 c-
.
1%
8% July
53a
100
*24
V-.
5%
NOV
99
Jail
„
V 400
67%
17%
I 4%
Oct
18
85
.19
300
34%
24%!. 24%
96%
21
''<
•
58 %
66
Auto
Westingliouse Air Brake..—No par.
109%
19
14
Jan
2
July 23
17% Jun
11% Jan
2,600
91%
>'
Jan
11%
21
103
,
4,700
*32%
,»
25 V',
*4%
7%
78
;■
il
*10%
'
12%
*12
1.2 Va
7%
V
5%
4%
5%
V#-"':
70
*66
*24
.
5%
*12
5
*4%
5 %
5
100.
20V4
20
,
109%
19% 4v
I 7%'V
12
4
Jan
109
90%' *91V4
20%
124'4' 124%
y
,
7%
19
4
..
7,900
22%'J> 23
•
Western
2,500
42%
413(t*
33%
'24 a/. j-
■
39%
Jun
4
\
1,000
123
j'
V2
West Va Pulp & Pap Co._.._Ard par
1,300
■
*7
*24 Va
...
Oct
1314
4"
57
3,400
6%
7%
x33l%
'00 % 'ft;
247a
1
8
8% Jan
100 V
preferred
Deo
Jan
21
4
50Va Jan
.
y
6%
8%
67% Jan
■
J.10Q
Supply Co
10
Western Maryland .Ry„__...-.:.100 /
4% non-cum 2nd preferred... 100
Western Union Teleg class A.A'o par.
Class
No par. •;
23 3 a
*95
20%
2Cr%' 26%
3
""
3
.
43 %
97
06%
~
123
109% >|
69
4% %, pfd_/._100
160
Apr
32% Apr
17% Jan
2% Jan
700
.
29% Nov
Feb
.
4%
'
West
Power
Nov
23
360
16%
20
lAht/
preferred
6% preferred—
Penn
1
% May
16
July 6
15% July 15
5
—No par
7%
220
107
91
.1
24%
.
15%
*l06Vt
'
Va
97
21V4
*17
90
loo
Nov
4
West' Indies Sugar Corp^vL,
1
West Penn Electric class Al-No par
9,600
.;
82.
81%
116" -'116%
3%
:< ■
*56
67%
07%.
ISVa
15
6
17% Jail
Wesson Oil & Snowdrift.. ...NO par.
•
Jun
12% "Jan
900
$4 conv preferred
5% Nov
2%
5
78 Va
'
23 Va
42
59%
*66%
*17%
.21
21%
20%;
07%
27
3%
58%
59%.;.
97Vt
97%
98
*24%
109%
109%:
.
600
Apr
23% Sep
17% Jun
.
Oct
16%
3%
May 29
2% Alar 29
11
15% Jan
41% Nov
Apr
137 ii Mar
5
9% Jun
TV-
22% Oct
par
_„Np par
Waukesha Motor Co._.__,
2,700
Jan
7% Jan
Highest
t per share
share
31%
27
18% May 23
•
"•7%
123.;, 124
33% "33%->
33% 33%
24%' l24%;
24Va
109 Va
i
*50
.
26%
^91%
33 Va
:
15
...No
23%
16%
.
Fdy & Pipe
Washington Gas Lt Co..
*76%
10614
'
20 Va
91 Va
.
Warren
400
26
5
.....
54% Oct
12
% Jan
...A'o par
1...50
4.200
116%..
,*15%
,.^-
Pictures....
6V2
.
153'a
106%
■
Bros
Wayne Pump Co.........
Webster Elsenlohr__^__._ -JNapar
"
7%
...
preferred
*22%
j
.
Baking Co cl A_-_.
Warner
;
23
6 Va
23
110%
3 Va
23-V*
*24%
■
20%"
*22 la
6%
•*85
;
26%-
Va
43 V*- ,4414
*32] \
25
.
$7
800
..No
preferred,.
Class
300
9,400
82%
20%
.
56
1%
44 %
82
24
•
20
t per
13
82
•
44%
125
5
85
23%
90,%
4% Jan
93%
44
*123
.No par
*92
24 Va
91%
Ward
85
44%
124,
1,000
■
91%
44
91%
8
'
85%
24
123%
2
91%
7 Va
■
4
4% Jan
15
10
78 Va
.
153a Jan
20%
22%
15%
!
% 110%
lO"*
*15-%
106% 106%
■27Va
•
'
'
116
106 V2
20%
...
No pur
.No par
92
8(4
■
92
t
83%
100%
*100% 100%:
«071
*84%
92%
*110% 117%
15 Va
15 %
nr'/
'
84%
,
82Va
82
110% 110%
15
15% ;
1.4%
38% Jan
Div redeem
Waiworm Co
1%
*22%
(7 8 %
par
100
42%
,
'
*76%
22%.
22%
W.
1,700
*24
6%
0%
*78
78%
92%
;j:
•
G &
t per share
share
2,000
7%
20%
'22%
iHirami
t per
Lowest
Highest
6%
•10%. .11
15%
....
22%
0%
22 % :
84 %
93
,
Lowest
Par
Walker
Year int
Range Since January 1
17 Va
.
25
20%
'
; 10.
Va
22%
:
7
•
v
*70%
80
13%
!•
*84
'22%
6%
22
22%
*70%
15
15
■'
*22%
'
Range for Previous
STOCK
17%
,6%
"
11%
*24%
;20%
YORK
EXCHANGE
49%.'-; 49%
.
'
40
11
NEW
Shares
share
per
1%
1%
*44
25
2"()%
the Week
S
per share
7
;
8Vt
.
8
11%
•
20%
*24
.",7
46%
11%
$
Sales for
Nov. 26
17%
*17%
1%
f
45 Va
*11%
Friday
"
>
49%
49%
.;
17%
T\, K 7 Va
*8'% !'• 9%
!>%
••8%
8%
48
48
7
share'
5 per
share
*17%
17%
7
7 Va
$ per
43
48%
■
'
share
per
.17%
*17%
7 i
8%
.
i
STOCKS
Nov. 25
Nov. 24
-
RECORD
'
Thursday
Wednesday
Nov. 23
•
PRICES
SALE
AND HIGH
Tuesday
Monday
Saturday
2171
51
12
Jan
Jun
Deo
6
Nov
2%
Sep
101
2
llTaApr
53
22% Jan
119
110% Oct
i. *■•-.%/,
20
35%
23%
23%'
36
23%
23%
110
*102
47
*47
50
50
50
i
*90%
67
:
43 Va
V •50
Va
'66%
93
*90
93
V; 67
4
/
-
%
G7%
4
3534
36
2314 4
22%
23
120
*110
*110
120%: .'i
110". '
*102
48%
*45 V.
50%
>
V *47%
V:35%:.,'.35%
*47 "
■
2,400
'''lOO
fc:%8
400
50 Va
*49
50%
——10.
Worthingtan P & M. (Del) ...No par,
7% preferred A
:
100
6% preferred B
.100.
Prior pfd 4% % series
.100.
Prior pfd 4% ft Conv series—100
Wright Aeronautical
No par
Wrigley CWm) Jr (Del)^__-No par
7,200
22
7120
MlO '
'
481/2
'
?•
*102
110
'*49
700
.
r '90% r
90%
''
*88
66 H: I
V. *88
66
%y 20%
22
*47""
'
*19
•
'
36 V
.23"
<?102
110
t
47 7
*98
'.
*110
120
*110
.
20%
*20
j2o
35%
35%
V 120
*110
20
19%
19%
20%
30
f
*64
67
64%J'- 66
*27 Va
23
27%..; 28
1,000
Yale
12%
2.000
Young Spring & Wire
7'
*88"
90%
300
-,/ i
110% OVt21
149'
100% Oct
4
134".
44% Jgn
9
54
Jun
9
57% Jun
18
87
58 Vz Jan
4
Deo
106
18
22% Jan
1.25
July
Nov
Nov
42%
i
•117
Mar
54
Jan
dun
44
Jun
Apr
20
70% Sep
29
'
57% Jan
39
,
Jun
104
Jan
Apr
80
108
!4 Sep 20
Jan
117
Sep 20
Sep
24
31
16%
1
Jan
46
Deo
21% Alay
14% Jun
24% July 2
42% July 3
25% Oct 28
16% Jdn 20
62
Jan
V
■
■
28
28
.
'
13%
13
I
13%"'%."
35%
35 7 a
%
35%1
36
95%
96
35% I 36 Va
96
! 96 %
12%#/ 13
35%% 35 3/4
:
97
97
96
11%
V
11%;
-1'
1338
*27 v/-, 28
96
35%
I
28 3/4
35%
13%
96
28
13%
5
11V4
11%
11% i 11%
y.
11
11%
10%,
3034
31%
30% v: 30%
30%
29
'33i
3%
»
12%
& Towne
31% Sep
10
17% July 13
15% Jan
23%
Oct
4
Not
41% July 14
5
Apr
28% Jun
7%
6
37%
Jan
Jan
4
98
Nov
12
78
Jan
3Va Jan
2
16% Jun
7
7
M&r
8%
Feb
21
—23
-No par
Mfg. Co
% Jan
7% Jan
6,000
5 % ft ."preferred series A—.... 100
Youngstown Steel Door..... No par
82
1,200
Zenith Radio
1,700
10%
Youngstovn Sheet & Tube_.Afo par
270
1,800
,V 96%
30...
Zonite Products Corp—
Jan
13
87
Oct
12%
Jan.
'
f\ ]
1
31%
31%
334
3%
♦Bid
;
■
and asked
3% {.
30 %
314
v
'
4
4
$In'receivership. ;i
prices; no sales on this day.
%t
3Vav
a
n'New Stock,
Deferred'delivery.
Transactions al the Hew York Stock
r
Cash sale,
s
Week Ended Nov. 26,1943
Saturday...
,
431,376
——_*
Monday
Tuesday.'
.
Wednesday—j..—
.609,540
Bond
8,016,500
5,771,200
•
:v
Bonds
$190,000
197,000
1
$2,500
:
Sales
?
11,000
306,000
710,000
601,150
6,634,800
S32,787,300
159,840
'6.710,200
y Ex-rights.
«
Bonds (Par Value)
Foreign
Government
Domestic
Wednesday——J
Thursday—
;——
$35,630,800
Total
$511,000
758,000
4,000
$5,000
632,000
580,009
19,000
3,000
602,000
1,016,000
$3,488,000
HOLIDAY
—-
—
S.
95,000
V
2,000
1,113,000
$138,000
$10,000
$3,636,000
Railroad
$85,500
3,196,000
$3,191,875
$6,334,050
109,193,"600
111,996,000
32,787,300
31,248,600
2,899,239,700
1,977,513,900
industrial—.—
Total
L
$35,630,800
>
Domestic
are
the daily
558,730
1943
66,221,411
.
.
.
1942
.17,904,013
10,000
$3,636,000
—
TotaL—
closing/averages oL.representative stocks and bonds listed
on
Averages
the New York Stock Exchange as
compiled by Dow,-Jones & Co.
64
-Stocks-
-Bonds10
10
30
20
IndusDate—
November
•
Rail¬
trials
roads
Total
10
First
Second
10
65
15
Indus¬
Grade
Gra.de
Utili¬
Utili¬
Total
40
Bonds
trials
Bails
Rails
ties
46.17
106.90
101.47
65.49
110.32
96.05
46.10
106.82
101.31
65.50
Stocks
ties
20_2_.
132.94
33.32
21.26
Noveinber 22___'_
132.65
33.40
21.15
110.25
96.00
No vemtyer^^b
132.45
33.29
21.10
.
46.01
106.89
101.34
65.89
110.39
96.13
132.10
32.82
20.93
'■* 45.74
106.87
101.21
64.94
110.31
95.83
100.35
95.63
_
__
NovemberN^.
November
/
2m|_._
November
26*—..
*
HOLIDAY
HOLIDAY
131.33
_
32.08
20.78
45.30
$2,690,000 $212,943,000 $157,805,500
138,000
Foreign corporate
$34,530,100 $3,011,625,175 $2,095,843,950
$2,616,000 $199,663,000 $153,306,500
45,000
12,029,000
3,798,000
29.000
1,256,000
701,00Q
$3,488,000
—
Foreign government—
and Bond
Below
809,605
of shares
Jan. 1 to Nov. 26
Bonds
$56,500
...
—
&
Stocks—No.
1942
105,617,146
2,939,533
Bonds
Government—
Foreign
1943
2,669,640 •: 257,459,550.
76.8,000
10,000
623.000
177,240
1942
2,787,000
of'shares—
■:
XJ.
1943
Total
$521,000
809,605
—.
Jah. 1 to Nov.,26
1942
Foreign
Corporate
$10,000
Week Ended Nov. 26
Stocks—No.
Deo
2% Jan
150,060
8,030,800
$56,500
:
Week Ended Nov. 26
1943
20-
1% Alay
154,545
6,488,200
12,000
167,920
8,346.500
7,000
$2,787,000
Shares)
WeekEnded Nov. 26, 1943
$6,055,109
24,000
1,384,000
,2,939,533
x-Ex-dividends.
(Number:
0/
HOLIDAY
Thursday..————
Friday
i_.
J
Total—
Government
Foreign
6,502,200
540,157
706,710
-•
Total
Bonds
$5,862,600
37% July 13
4% May 1(?
Stocks
United States
Bonds
2
Daily, Weekly and Yearly
Railroad
1
Jan
Transactions at the New York Curb Exchange
Exchange
t
and Miscel.
2
wd When distributed.
Special sales,
Daily, Weekly and Yearly
Stocks, ■■
Number of
Shares
19% Jan 12
No par
1
Corp
106.85
100.97
64.33
THE COMMERCIAL & FINANCIAL
2172
Bond
Record
the
and
week,
letters
for Income
interest"—except
In
York
New
8.
U.
Treasury
3%s
Tres..ry 3'As
Treasury
3%s
3%s
Treasury 3s
Treasury 3s
Treasury 2Y8s
Treasury
2%s
Treasury 2%s
Treasury 2%s
Treasury
Treasury
23As
Treasury
2%s
2%s
Treasury
Treasury 2'As
Treasury 2'as
2'As
2'As
Treasury
Treasury
2'As
Treasury 2'As
Treasury 2'As
Treasury 2'As
Treasury
Treasury
2'As
Treasury
2'As
Treasury
2'/2S
2'As
Treasury
Treasury
1964-1969
1967-1972
1951-1953
1952-1955
1954-1956
1947
1948-1950
1948-1950
1949-1951
1949-1951
Dec.
2'As
Treasury
2 y»s
Treasury 2s
Mar
Dec
Treasury. 2s^
Treasury
2s
Treasury
2s__
Treasury
2s
Jun
Sep
Dec 1949-1951
March 1950-1952
—Sept 1950-1952
1951-1953
1951-1955
1953-1955
June 15 1948
2s
Treasury 2s
Treasury
2s
Treasury
Treasury 2s
Treasury
2s
Treasury
2s
Treasury l3As
Federal Farm Mortgage
3-D
r
(
110.27
105.15
106
111.7
111.7
110.6
i
M-S
*111.21 111.23
109.9
*103.22 103.24
103.18
104.26
M-S
*106.30 107
107.3
107.10
J-D
*109.10 109.12
103.10
109.11
M-S
*111.11 111.13
J-D
*111.6
J-D
__1962
A-O
sinking fund 6s
1963
6%s_„
112.20
*106.18 106.20
20%
Colombia
19%
20%
19%
4
18%
25
18%
20
17%
24%
19
24%
*29:
■
J-D
A-O
A-O
18%
18%
18%
"6
,1
21
M-N
18%
19
.—I960
M-S
19
i960
M-S
17%
—1951
J-D
17
24%
19%
24%
17
24%
18 Va
*__
19
19
23 Yb
*23%
—1962
r,
J-D
*106.20 106.22
106
a 6s
of
1928
M-S
*107.11 107.13
106.20 107.23
A 6s
of
1927
M-S
*103.24 103.26.
103.24 104.20
3s
M-S
*103.16 103.18
104
*100.14 100.16
J-D
J-D
100.2
100.2
,.100.1
J-D
J-D
*
100.4
M-S
__
*
J-D
.
6
100.2
19
M-N
"8
17'%
19
1
17%
17%
2
16
,
3
100'
100.22
100.1
100.6
100.12
*107.3
__
105.7
101.25
*101.29 101.31
*104.17 104.19
104.20
*101.7
101.9
100.14
*101.1
101.3
100.15
100.23
100.9
100.30
100.5
100.6
J-D
*100.6
100.8
100.12
*105.4
105.6
103.16
*101.8
101.10
100.9
54
54 %
7
39
58
—1951
M-N
20
21
49
19
29
Rica (Rep of) 7s
(Republic of) 5s of 1904
1944
1949
4'As
—1949
1977
J-D
1953
J-J
wks
5'As_
(Rep of) 8s
External
gold
A-O
1955
IA2d
.
series
sink
fund
5'As.
5'As
100.25
*101.4
'
101.11
101.6
100.25
102.28
-
,
5'As 2d
.
AEstonia
,
Finland
■
,
M-N
*101.1
101.3
101.5
102.27
J-D
*101.2
101.4
100.10
100.10
J-D
1st
7s
.
98
102'%
103%
72%
99%
106%
104 %
107 3/b
108 Yb
137 %
■
38 V8
71%
71%
66
F-A
A-O
72%
66
2
2
12
61
30 %
71
60%
47%
74
45
73
66%
69%
87'A
*85
A-O
42%
*85
72
86 '/a
88 Ya
*
J
A-O
1961
M-S
85
85
72
*.-1969
A-O
84Y8
85
72
89
1969
A-O
.1967
series
J-J.
*28
42%'
18%
31
*95
97
series
(Republic
of)
7s
(Republic)- extl 6s,
Republic 7s stamped
French
102%
__
'59
71
M-8.
1940
Customs Admin 5'As 2d series
101'/8
102%
_*
*59
A-O
J-J
—1962
100
—1945
.
M-S
1949
unstamped
J-D
89%
Greek
1073A
107'A 108'A
35
.
110%
103 'A
;
97
100
Government—
A7s
-
part
paid—:
part
paid
;
1964
A4'As
AMexlco
(US;
3
19%
15%
24
68%
85
A-O
62%
70
M-N
*96%
85
97
A-O
*6 %
18
11
20%
3-D
18
18
15%
23%
J-D
'93
95
82%
98
M-N
*10
11%
,.1943
1899
*8
—
9
12%
£—-1949
Q-J
■*17%
18%
12%
1899
1945
Q-J
*17%
18%
12 %
AAssentlng 4s of 1904
AAssenting 4s of 1910
1954
J-D
10'/a
10%
1945
J-J
'14%
16'%
AAsscntlng 5s of
5 A Treasury
Mlnas
Wertheim & Go.
Members New York Stock Exchange
Telephone
120
2-2300
Broadway,
a
s
f 6'As_—
s
A 6s
sink
fund
A External
f
s
1948
Norway)
iDept)
7s series B
s
f
7s
s
f
7s series D
f
1st
series
J-J
,__1957
AExternal
A
sec
f 7s 3rd series__1957
external 5s
(National
f external
S
s
(City)
Antwerp
Argentine
f
S
f exti conv loan
f extl
S
loan
—
Australia
loan
conv
of
5s
F- A
External
s
f
1957
7s_
external
AExternal
s
f 6'As of
AExternal
s
f 6'As of
Sinking
Sinking
84%
3
OR3/4
84'A
84%
10
93
M-N
89%
M-S
100%
J-J
100
•
79
82
100'A 100%
1
96%
79
100
100
4
96%
3
97
61
52
172
A-O
51 %
47
51%
204
J-D
53 %
48
53%
100
M-8
92
92
1958
F-A
„1950
J-D
91%
'95
11
91%
APorto
1
95%
52
Queensland
34
51%
ARio
A
53%
95%
'
83
87
1977
M-3
75%' 77
29
68%
Refunding s f 4'/4-4%s_:
readj 4%-4%s_.
1Q"?6
,-1976
F-A
75%
77%
15
69 V4
A-O
76'A
76%
4
70
5
71%
48%
107%
111%
4'A-4%s
f
external
Canada
iDom
f
s
of)
1975
1984
bonds
$
30-yi
M-N
3-J
1960
4s
A-O
78%
77%
*50'.'
■
'
56
109'A 109'A
25-year
3'As
1961
J-J
305
30-year
3s
1967
J-J
30-year
3s
1968
M-S
.•
Jan
3s
15
1948
104
Carlsbad
AChile
(Cltv)
(Rep)
15
1953
J-J
Jan
-
15
1958
J-J
8s
1954
External
s
f
AExternal
A6s
A Extl
00s
ACv
sinking fund 6s
iibs
A Extl
t Re
VW
A-O
1961
F-A
Feb
fund
1981
F-A
Jan
6s
1981
J-J
Feb
assented
s
f 6s
assented
Jan
fund 6s
BttPTlfsfi
«Ant»iOteS
cpo
Rep
pqjjg
1961
!__.Sep 1961
„
20%
217c;
1961
J-J
21
20%
3
9%
3 01%
101 %
105%
100%
105%
18%
20%
1°%
21%
20%
19 %
M-S
20% " AU9%
20 %
20
94%
71
87%
72
84
90
98 %
20%
1
15
Paulo
70
89%
89 %
73
92
104
104
M-3
'
1947
M-S
•
M-S
—1940
T1958
.
1°%
29 'A
25%
25%
32
14%
19%,
22
ij"8
301
12%
*31%
17%
lb
20%
1963
J-J
12%
12%
1"%
17
1961
J-D
37'/8
30
37 "a
20
1966
!
J-J
35%
29%
35%
34
7'As—1952
*"2%
1947
F-A
102
F-A
extl 6s
1921
37%
56
18'/a
37%
26%
32%
328
16%
32%
f
40
40
32%
4C
57
20
J-D
33%
26%
33%
120
17
M-N
35
29
35
37
18
J-D
35
30%
35
19
17 3
A-O
.
1964
M-S
82 %
82 Va
.1952
M-N
39
30%
39
&
1957
M-N
30
30
30,
-13
8s
—1936
J-J
.40
37
40
_1950
J-J
40
34
40
M-S
35
35
35
8s
7s
„
,
extl
extl
External
()
'h
1962
5%s
fund
32
52%
23
3?
48 ''*>
5
29%
48%
6
28
45%
80
62
72%
10
20
14
—
t, "
14
11
10%
.*4'4
14%
11%
14%
14%
11
13%
64%
85
95
F-A
*88
84
87
19R0
6s
of
39
33
1946
M-N
*86
*78
88
85%
88
64
72%
1955
extl 8s
fund 6s
bonds
.
72Yi
'13
82%
18%
37%
94%
J-D
7s
ii'€5'/a
73%
35
*9%
J-D
—1958
65%
33%
35
8
20
34%
14
M-N
1958
34%
,
30%
F-A
1964
1937)-*-
M-N
•
:
*87
'
readjustment——1979
conversion
extl
*.—
'
•
1979
M-N
M-N
68
'
T7YB
J-D
*57
readjustment-*—1978
.3'^f extl, '"adjustment
,—1984
F-A
70
conv*_.
4-4%-4%s extl
(City)
external
7s
J-J
*61%
1958
F-A
.'*4%
1958
F-A
•
*%« ac«ented
68
12
61%
11
66%
70
'2
fin
66
72%
52 Ye
62%
pr
11
20,
11
69
60
*57
^__1Q78
AWarsaw
102
31 %
f
sec
sink
90%
1968
-
iRepnhllc)
Extern?)
35.%
2
1966
fund 4s
s
of>
AExternal
102
1967
assented-
■3%s*4-4%s
37%
54
37%
M-N
f
17%
17%
30
54
.32%
A-O
__.1940
fund gold
of 1926-
external
u
3
(State of)—
Slovenes
sink
23
16
(Kingdom) —
!_1962
s
16
*3%
A-O
'A
12
23
■
1940
B
13%
*21%
12
J-J
(Pro*
23%
(-23%
J-J
1968
series
13
12
—1956
secured
92
12
loan
f
.
24 y8
17
loan
Croats &
183/4
18%
J
'34
_*4Ye
M-N
iState)
t
15%
36
,
.
A-O
water
3%-4,/'>-4W
18%.
34
18%
A-O :
1968
dollar
a .-v,
"-!/„•
26%
19%
A-O
f 7s_—1947
—
loan
AExternal
26
*105
34
18%
s
71
90
18%
external—
AUruguav
.
72 V2
1959
4.
(City of Brazil'
Sydney <Citv»
.
1
63
.
96%
80%
-
95 %
101%
*"8
extl
A 4
•
20 "3 *
20%
77%
5
*83
;
sink
Silesia
•>*%
■
,
'
17
97
(City of) 8s—1,1946
!
1__
1953
6%s
A 7s
A
26'A
•ax,
*19 %
y-s
19%
3
,1967
7%s
Janeiro
sec
A8s
18%
1
21%
96%
94%
82%
*8134
ext)
Serns
Ha
64
20%
21%
94%
94%
*87
,
t
(State)
5 A Secured
24%
iU *>e
40
?0%
98
85 l/o
M-N
AGs
103%
2
21
1
3-D
1994
A7s
104%
5
21
20%
A-O
,__1963
City of Greater)
Pauln
A8s
107%
—
20%
95
11
M-N
loan
IA San
80%
104%
••
ser
J-D
A6'As extl secured
.79%
97%
213/4
19%
85
82%
11
/
A-O
Pe external
ASao
101%
2
20%
1
65
A-O
municipal
Santa
78
97%
103 % 104
20%
78%
3
103
*18%
A-O
I960
sinking
sinking
M-N
I960
assented
external
M-N
1942
103
-
.2
H02% 103
J-J
3942
7s
97s assented
105
*102 'A 102 Yb
103
Jan
3s
'
J-J
-
-
102% 102%
2(As
de
Extl
A7s
92% ,.95
78'A
1955
A-1963
9334
96%
96%
f 6s 1st ser
I960
f 6s 2d ser—1961
A6s external sink
60%
2
99
"
s
1
A8s extl loan ot
97
M-3
External
33'/2
93
84
98
94%
—
Rio Grande do Sul
94
,.1961
77
A-O
F-A
Alegre (City of) 8s
34
34%
s
AExternal loan
APrague
stampedExternal s f 4%-4%s
External
18 %
89%
.
95
96
J-D
7s
'A s assented
56
87
of)
assented
A7s external
*95
62
__
-.98
W-3
gold; 6s—
s
jRep ot)
36%
(Province of)—
__
33%
93%
1970
series B
(State
Stabilization loan
A 4
101
56
1952
91%
33%
*84
F-A
AExternaj sink fund gold 8s_—1950
100
101
1957
—
A-O
1965
f 5s
s
A4Vaa assented
91
101
47
19%'
18%
*90
*,.1963
f 5s
s
(Rep of) :external 7s
A 4 Vos
A
100%
51%
4'As
loan—
extl
A Nat Loan extl
94%
28
A-O
F-A
—1956
fund 4'As_
sink
ANat loan extl
94%
83%
89%
88%
14
29
'
_1944
4'A8-
fund
ref 3%s
sec
fAPoland
85%
14
93%
92
1013/4
20
84%
93'A
52'A
A6s
A
Ext
85%
M-S
25
33%
28%
33%
J-D
1958
extl
(Rep)
Apernambuco
94
78 %
54%
;
(City)
17 V«
27%
M-N
1957
AStumped assented 5s
Stamp mod 3'As ext to
23%
20
..1957
f 5s
gold 5s
gold 6s,
s
fund
fund
Aires
Buenos
A-O
sink
APanama
59"%
35
J-D
Ry)
(City)
2
16
42
17'A
99%
1957
1927
'Central
A7s
Brisbane
23%
84%
J-D
1926
23%
16
94
1941
8s
15%
84%
1955
(U S ofi
ft A Brazil
3
58%
3-J
1949
6'/aS
24
3
.
Oslo
•
18%
12'/a
24
15 V8
99%
1958
f 6s
s
5s of '25_1955
1928
24
16
20
93'A
84%
1955
external
External
1972
Apr
17'/a
17%
M -N
4s
17%
17%
*50
M-N
1971
1927
15%
3
17%
18
M-S
1952
5$
fund
sink
9
11%
(State)—
Municipal Bank extl
..
APeru
1972
External g 4'As of
Belgium
.
A-O
1048
(CoinmonwTth)
External
„
J-D
;
4'As
4s
it,
1959
1959
f
s
External
62'A
107,
—
4s Feb
4'As____,
S
conv
1958
Government)
54 %
62 %
al8Ya alSYs
18%
33%
7s__
Norway external 6s
.External sunk iund
.
6
18
16%
17%
A-O
s
46
17
—
55
1
18
16%
*
■
44
3
62'A
18
A-O
AExternal sec s f 7s 2d series___1957
1
■
J-J
1945
52
62%
18
J-J
_1945
series C_
7s
A-O
J-J
1945
AExternal
52
M-S
1945
4s_
coll 7s A
A External
AExternal
F-A
1968
6s
'King of
External
1947
a
M-S
f 5s
s
J-J
—1958
A
Wales
External
(Colombia)—
(City)
series
South
New
Mtge Bank
lund 6s
1933
f 6'As
Montevideo
1-1693
Municipal
A
1913 assent
17
13%
(State)—
external
ASec external
T eletype
NY
New York
6s of
Geraes
ASec
23 YB
12
l"3
—1954
assented
extl 5s of
19 Ye
80
_1954
4s
stamped
75
I960
7s
6'AS-!
1
80
1960
Mtge Bk)
iColombia
A-O
1957
t 5s
s
*18%
1952
readjusted
Irrigation—
Mexican
Foreign Securities
iState
(Prov)
19%
1968
Free State extl
Mendoza
AGid
99
*100%
..1949
City
AMedeiltn
AAntioqula
60
137% 137%
1942
lADomitiican Rep Cust Ad 5»As_u_1942
SAlst series 5'As of 1926
u_1940
i
98
*103
1952
5'As
*103%
98
J-D
A-1951
ser
20-year extl 6s__
External gold 4'As
«
.
,
-1945
.ASinking fund 8s series B
IA Denmark
/
*102%
F-A
debt
..
*100%
F-A
loan
A Czechoslovakia
/
21
M-S
external
A Public
101.12
-y
38
M-N
103.16
*100.24 100.26
38
1953
Sinking fund 5'As
100.29
J-D
J-D
37
30%
30%
40
4'As
100.9
100.2
36%
z
.
100.26
2
64
64
48 34
5b
External
101.4
3
52
52
38 V?
5b
External 5s of 1914 series A
101.2
J-D
100.14 100.14
3
3j
J-D
1"
100.28
*<101.11 101.13
M-S
M-S
13
61%
4b
—1952
104.20
J- J
M-S
59
42
37
loTfT 10~2~7~
J-D
20
61 %
60
61%
45
40
t
100.26 100.26
61%
J-J
A-O
ACosta
107.8
M-S
M-3
A-O
A-O
—1970
F- A
/Cuba
104.11
100.26
1961
1961
bonds
M-N
102.13
106.23
107.5
*104.9
J-D
Oct
Jan
f $
s
1947
AJugoslavla
sink
25%
1947
Irish
AGtd
23
1946
101.4,
104.30
106.7
external
(Republic) s f 6s series A
Helsingiors 1 City> extl 6'As
Agricultural
22%
18
ASinking fund 7s of 1926
ASinking fund 7s of 1927
Copenhagen (City) 5s
25-year gold 4Vas
Issue¬
Govt.
24 %
:
AColombla Mtge Bank 6%s.
100.21
20
100.1
*101.23 101.25
J- J
J-D
104
100.10101
100.2
l100.1 100.4
*100.13 100.15
*106.5
__
107.6
Haiti
toreiKU
25%
(Republic of)—
A 6s
REctor
26
25%
26
18%
18%
5s
High
18%
13.
J-D
..
—1962
(Hukuang Ry)
'
-
19%
1961
A 7s assented——
Chinese
20%
19%
20%
M-N
1961
A6s assented—
a
.
1961
AGuaranteed sink fund 6s
.
Low
20%
20%
,
J-D
1957.
—1961
A'Chilean Cons Munlc 7s__
NO.
J-D
:
1957
i.
January 1
High
.
M-N
1963
-
Range Since
Sold
*103.22 103.24
M-S
A-O
assented—
A6s
111.29
108.26
1962
AGuaranteed sink fund 6s
111.26
108.21
111.8
*111.19 111.21
J-D
H.28
108.15
Low
ag%s assented™
..
112.23
M-S
■
Corporate Stock
Akershus
of
,
Bonds
Sale Price Bid & Asked
—,
assented
ASinking fund
Last
Period
.
AChile Mortgage Bank 6%s
1 A6'As assented..
106.30
110.13
1980
York
New
103.3
105.24
110.11
—1944-1952
—1945-1947
—
Unification
111.7
M-S
A 6s
-
105.15 105.15
J. D
Interest
26
sinking fund 6s
assented
!
A 6s
Week's Range
or Friday's
Friday
,
Exchange
Nov.
(Continued)
AExternal
101.9
Stock
Ended
AExternal
114-1.
103.21 10Q.3.
101.5
*110.9
York
Week
,
Chile, (Rep)
High
112.18
105.24 105.24
105.24
J-D
M-N
Loan Corp—
M
*101.3
J-D
/
*106.21 106.23
„
A-O
M-S
series A
series
Low
Ho,
*103.17 103.19
M-8
New
Range Since
January 1
112.10
*112.8
1944-1949
s'#
disregarded in the week's range, unless they are the only transactions
No account is taken of such sales in Computing the range for the year.
are
occur.
'
3s
Transit
sales
BONDS
High
l-O
Corp—
1944-1964
3 Vis
Owners'
Sold
Law
1947-1953
1944-1954
.__1946-1958
1944-1948
1946-1949
-1949-1952
1946-1948
1951-1955
1955-1960
1945-1947
1948-1951
1951 -1954
1956-1959
1958-1963
1960-1965
1945
1948
1949-1953
__1950-1952
1952-1954
,w
1956-1958
-— 1962-1967
1963-1968
„_-_June 1964-1969
4s„
Treasury
Bonds
Bid & Asked
Government
4'As
Treasury
Sale Frlce
Period
26
Nov.
Last
Interest
Exchange
-«tor.li
Ended
Week
I'As
YEARLY
-
delivery
mm
Week's Range
or Friday's
Friday
BONOS
3s
deferred
and
the month when the bonds mature.
case
WWiBiW
Home
Cash
footnote In the week in which they
a
Period" indicate in each
the column headed "Interest
in
WEEKLY
-
defaulted bonds.
and
the regular weekly range are shown
outside of
when
italic
The
"and
are
Monday, November 29, 1943
Mew York Stock Exchange
«»
FRIDAY
NOTICE—Prices
CHRONICLE
5
13
10 Va
13%
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4233
158
Volume
2173
RECORD
NEW YORK BOND
*
Friday
BONDS
January 1
High
Vo.
Low
Low
York
Week
Stock
Ended
15 ACarolina Central 1st gtd 4s.
JAbitibi Power & Paper—
unstamped—._>__1953
J-D
*63%
64 V2
J-D
*98
48 Va
76%
A
series
4s series B__———_1943
3-D
1st
cons
Alabama
1st
Power
mtge
*11
Albany Perfor Wrap Pap 6s_il„-^1948
6s With warrants assented—.%1948
A-O
3VaSc._*_1946
...—...1946
'A-O
Albany & Susquehanna RR
Alleghany Corp—
modified
Am
debentures—
3 V*s
!
3-D
;.1956
M-S
Atper Tobacco Co deb 3s-——1962
Am Wat Wks & Elec 6s series A,—1975
A-O
3s
debentures
conv
90%
67
it
gold 5s.^._.._...
1959
A-O
12%
12%
14
J-D
55
60
J-J
25
26%
gen 5s series C_—_.
5s.
.
registered
AGeneral
103%
106
104
107%
19
107%
23
,107%
4s_.
,.1987
Guaranteed
f 98%
74
61
R &
107 Va
108%
114%
111%
120 %
(,112
112%"
119
119%
25
*105
«'
4s
of
Conv 4s
M-N
1905,
106 Va
1960
J-D
104
1st
4s
107%
1st
*102.3
102
—1944
1st 4%s A
A L
103%
102%
104 Va
87%
93%
&
371
70%
151
87 Va
88%
68
74%
Division
87%
34
34%
•32%"
J-J
A
32
32
I.
34%
J-J
29 «/b
100'/a
4
104
96
71%
94
67%
68%
71%
71%
2
65
100% 100%
100%
6
92%
72%
102
135
135
15
130%
137%
106%
17
102%
108%
106% 106%
2
102
108%
II
*120
118%, 121
*119%
19
115%
19
20%
305
11
,1949
registered....
ref
81
101% 101%
103%
103
107
j
103%'
120
15%
31%
92%
M-S
97%
14
102
100%
96%
105
97%
102%
>
...
"
1958
....
102%
97%
.97
85
81
99%
1977
F-A
81%
81
81%
85
65
84%
....1971
series A...
5s
101%
F-A
89
88%
89%
62
73%
92%
J-J
46
46
47%
488
1997
:
1947
.1947
Alst & gen 5s series A.
1966
Alst & gen 6s series B—.-May 1966
Chicago Ind & Sou 50-year 4s
1956
105%
104% 105%
•'
M-S
71%
55%
94
67%
93%
/
M-N
J-J
J-J
J-J
J-J
J-J
M-N
J-J
J-J
ARefunding gold 5s series B
ARefunding 4s series C
40
1
6
-
>
99%
1
132
99%
J-J
$AChic Ind 81 Louisville ref 6s A__1947
73%
105 Va 105 %
'•,
J-J
34
111
83
131
98%
J-J
__^__._1949
Chicago Gt West 1st 4s series A—1988
AGen inc mtge 4%s__
2038
45%
^
i 63
36
20
__^____1949
4s
Chicago & Erie 1st gold 5St.—1982
88%
i 30
90%
70
M-N
cOll gold 4S—
N
16
91%
70
J-D
—Oct 1952
Atlantic & Danville Ry 1st 4s—
1948
Second mortgage 4s_:
.—1948
Atl Gulf & W I SS coll tr 5s—1959
Atlantic Refining deb 3s——
1953
L
102 SI 102%
?■
90%
M-S
unified 4%s A——--11964
.General
102%
J-J
30-year 5s series B„——1944
1st cons 4s_„-July 1952
1st
Atlantic Coast
106%
106
tChicago Milwaukee & St Paul—
AGen 4s series A
May 1 1989
Atl & Charl
99
A-O
1949
registered
Chicago & Eastern 111 RR—
AGen mtge inc (conv)...
110
J-J
16%
5
F-A
,1949
1st & ref 4%s series B
114%
*108
29
26
25%
,
M-N
cons
General 4s
108
111%
3-D
Va
107% 108%
J-J
J-J
3%s
111%
10
*24
M-S
'
gold 4s,_.__1989
consol gold 4s__,.__„
,1989
Div
Illinois
111%
*107
.112% 112%
J-J
,..1958
105%
38%
Chicago Burlington & Quincy RR—
107%
105
fe
110% 110%
16%
J-J
tAChicago & Alton RR ref 3s
107
95%
•
*110%
J-D
Nor 1st gold 5s——1946
Knox &
96%
60
V 105% 105 %
105%
,J-D
Short L 1st 4s_
Trans-Con
Nov
———1955
:
gold 4s of 1910
Conv
Atl
i
gold 4s of -1909
Conv
AO
-1995
——-1995
—
-1955
Adjustment gold 4s
Stamped
119
1995
——
M-8
1946
A
2d
106%
103%
46
5%s A,__.
Potts Creek Br 1st 4s_____.
'V 102%
,103%
17
134
M-N
-
m
17
40%
28%
24%
F-A
Chesapeake & Ohio Ry—
.
General gold 4%s....
.1992
Ref & impt mtge 3%s D_„
1996
Ref & impt M 3%s series E__.__1996
78%
104%
85%
18%
A-O
1960
112%
71
81
..
i
109%
51 Va
•T02
Prod
1954
110%
10
30
' '
Illinois division 3%s
General 4s
J-J >
.1948
.....
4
82
26%
24%
...
1942
5s
RR & Banking—
§A5s stamped
105
'
gold
Central
117%
100%
7
"
37%
27V4
26%
...1.1987
N
.Through Short L 1st gtd 4s..,
110%
107
75
107
19%
20
23
57%
82
,-
110%
29
;
19%
35
111% 111%
\
—
27%
J-J
............1987
registered
4s
91%
78%
8
Topeka & Santa Fe—
Atchison
■
A-O
J-J
F-A
103% 104%
112%
..,1968
1961
1987
Central Pacific 1st ref gtd gold 4s_1949
Q-J
A-O
6%
&
110
5
;*102%:'__
38
13%
69%
•
201
109%
?■' "104
50
6%
13
105%
18
104
23%
9
37%. 40
13
•
A-O
76
104%
91
46
37%
A-O
Y Power 3%s..-.___...1962
67
Af-S
57%
68%
M-N
Central
75%
J-J
30%
15
1959
106
66%
F-A
6
88%
,1945
62
Jan
Anglo-Chilean Nitrate deb——,1967
Ann Arbor 1st gold 4s—
—1995
Ark & Memphis Ry Bdge & Term 5s 1964
Armour & Co (Del) 4s B
1955
1st sink fund 4s series C (Dell-1957
7s income debenture?
——1978
A
F-A
102
'
>'
48%
85
,
1945
1
•
12
J• .1.107% 108%
113% i 113% 115
103% •!• 103% 103%
M-N
48
85
J-D
.
Nov
'5
90
•109
102%
1st gold 4s_._„1948
tACentral of N J gen gold 5s
94
107% 108%
;
.
100%
& gen 5%s series B
Certain-teed
debentures——.—______—1966
:
107%
A-O
1961
3%s
100%
70 '
,
95%
105% 106 % '
•
14
99
53%
104 Va 104Va
105%
101% 101%
AChatt
/
60%
Telephone & Telegraph Co.—
American
101
10
88%
.
:
J-J
—1949
Corp conv 5%S
89%
:
60%
105%
J-J
Div pur money gold 4s__1951
A Mobile Div 1st gold 5s
...1946
122
106% 106%
M-N
Internat
; SAConsol
'
M-S
5%s__i——1949
Amer X G Chem conv
Am
.115
,i 104% 105
M-S
48
102%
90'/a
94%
><•'
'
Mfg conv
107%
4
51
24
A Ref
88
90
.
A-O
F-A
110%
*104% 105%
90 Va
67
A-O
51
High
106%
101
*107% 108
51
A Ref
92%
92'/a
62
107%
J-J
62
•'' •*
'99% 100%
99%
4-0
4s——-1952
Foreign Pow deb 5s———2030
&
j
P
Low
1955
Illinois Light 3%s_.
tACent New Eng 1st gtd 4s
Alleghany & West 1st gtd 4s,
^1998
Allied Stores Corp 4%s debS—1951
Allis-Chalmers
'
F-A
Central
income-—
A5s
•
U
January 1
No.
108% 108%
M-N
o2
93%
J-D
———1950
—
110
1
100 '/a 101
"'
'
105%"
107%
A-O
,1949
.
—
modified—.
5s
•■.'*>"
,.
;
101%
5
Branch
Range Since
Sold
High
*95% 102
—
M-S
1981
Low
'
90
*90
■r'' 5s
A Cent
J-J
1950
Bonds
Friday's
or
Sale Price Bid & Asked
.1962
ICentral of Georgia Ry—
Alst mtge 5s
107% 107%
107%
J- J
3%s_;—,1972
90
% s. registered
106
102
45
101 %,
104% 104%:
104%'
M-N
A- o
3
103%
3-D
.——1967
3Vis ser A
1st mtge
103
102
*104% 107
F-A
Ala
1949
,...1965
Celanese Corp 3%s debs
Celotex Corp 3%s debs.
104%
102
102% 102%
102%
J-D
10-year deb 4%s stamped_______1946
Gt Southern 1st cons A 5s—1943
102
*104%
M~S
Ohio 4s
Carriers & Gen Corp 5s w w
Cart & Adir 1st gtd gold 4s__.
71%
AStamped
;-,___1953
Adams Express coll tr gold 4s__.—1948
Coll trust 4s of 1907——,——-1947
§A5s
Period
Week's Range
Last
Interest
26
V
Carolina Clinch &
*
Friday
Exchange
Nov.
High
Industrial Companlei
and
Railroad
New
Range Since
Sold
Last
Period
2(5
Nov.
Ended
Week
BONDS
Bonds
Sale Price Bid & Asked
Interest
Exchange
Stork
York
New
Week's Range
or Friday's
32
*124
:,;75%
118
■
47%
124%
75
29
66
76%
42
43
76
43
32
38%
48%
31%
58
52%
*48
.
"
*_
49 7
"31%
53%
45 Va
15
29%
49%
9%
45
47
6%
b
8%
8"
9%
9%
10%
11
6%
86 V*
86 V4
; 1
66%
15%
15%
93
1st
Ohio
81
Baltimore
—
July 1948
1
A (int at 1%
ser
gen
Dec
-
due
1946)
to
■%
A-O
to
—1995
74%,
73
<•,
73
I"
;
39%
J-D
/,-•
42''4
44%
37%
Toledo Cin Div
39%
Battle
Beech
F-A
due,—.—,1950
32%
52%
37%
39%
101
32%
66%
44%
74
J-J
65
65
67%
20
45
74
J-J
66%
66%
67%
15
45%
73%
F-A
38%
38%
41
1,225
18 %
44 Va
A-O
12
12
13 %
972
4%
16 V*
ref 4* A——1959
29
155
24'/*
1
M-N
M-N
M-N
58
1987
1987
1987
AGen 5s stpd Fed inc tax
,1987
A4%s stamped
1987
§ASecured 6%s__
..,,,1936
A 1st & rcf gold 5s
May 1 2037
Alst & ref 4%s stpd
Ma/1 2037
Alst & ref 4%s C
May 1 2037
AConv 4%s series A
1949
M-N
M-N
M-N
M-N
M-N
M-N
J-D
J-D
65%
; : -i 51%
48
55%
108
52%
55 %
■;/% 52%
'
r.
•'
■•••
70
40'/*
62
-
,
-61%
46
34
:V
V
•
registered
74
•I
74
75
75
i',74
75
59%
75%
60
75'/a
45 V*
49
1
*48
H 98
98
A-O
I
82%
99 V*
5
6
''
,;N
L-i
98
v'
.
25%
ACertificates
F-A-
I'
**rA
101
Gold
20
103%
105%
103%
*101V* 102
"
100 %
—~
6
103
102%
'
104% 104%
103
94
101
94
V'
2
Chicago St L & New Orleans 5s
*89%
,,
11
73%
86%
M-N
....
82%
49Va
49%
,
91
82%
82%
51
116
39%
16
23%
46
108%
111
1st & ref 4%s series D
gold
—1947
MAN
lien, & ref 6s series A—
—1950
gold 5s_—1957
1st lien & ref 5s series B.
—.1981
Buffalo Gen Elec 4VaS B_
Buffalo Niag Elec 3VaS series C —1967
Buffalo Rochester & Pgh Ry—
;
Stamped
modified
(interest at
1st
to
3%
1946)
due
—.
Consolidated
gtd——;-
Bush Term Bldgs 5s
L
19
r:
19
A-O
19
92
70
A-O
—1960
92
J-J
88
96%
110;,
f
^
69%
r 86
35%
58
44V4
122
19%
92
,70%
10
88' J
It
cons
gtd 5s A,—1962
81/
92
58
75 V
*55
Guaranteed
Guaranteed
Guaranteed
Guaranteed
Guaranteed
gold
Guaranteed
gold "4V2s
<109% 109%
J-J
J-J
95
29
117
•10
'
'
107
•107
107
''4
116%
t" 116%
116%
11
J-D;
r
J-J
4 %s__—„.... 1956 ^
118
A-O
116%
Canadian Northern Ry
F-A
———1951
Coll
trust
Collateral
For
gold 5s_
trust
footnotes
———1954
4y2s_—1960
see
page 2176.
,
77;
•.
Cleveland
Pittsburgh
C
3%s
70%
34
36%
229
9%
149
■
58%
57%
19
36%
20 V*
850
8%
*—
40% i:
*71
—
•
*64-%
68
74%
57%
58%
55%
i6Sc -i 10%
*
12
104 Va
105 »/*
31
104
,104% 104%
104%
6?
49
19
103% 104%
103%
75
:
]J08% 109%
104 %
71
62%
59
*50
i
75
53%
25
57%
92%
67
..
2
v«-
109%
v
--I'-'
,74%
74%
13%
4'/a
70
89%
9?%;. 105 V*
41.
97: v
51
118
;.
•
5
3%s
1948
——1950
gtd
Coal River Ry
'108%
r
79
•
109%
1st gtd 4s_———1945
mtge_.___1970
Colo Fuel & Iron 5s inc
118%
ior
109
7
4
21
3
'113%
Colorado
& Southern Rv.—
A-O
48%
48%
105%
51
52
110%:
*—
•.
J-D
4
..
53%
•87
88
.
108%
..•:
1
21
•
v
.*90%
•
78%
v
54%
56%
54%
18
107%
71
89%
.90%
61
46%
15
78%
110%
113
85%
,
105
53%
V,
112
.109%
78%
54%
55%
111%
110%
l*
*112%
J-D
J-J
J-J
M-N
J-J
68
28%
108%
j,'
109% 109 Va
97
38
'
.
1
109% 103%
F-A
•
5
;
.
41
•
12
49%
51
23
.
58%
" 46
83%
65
106%
109%
105
108 »
108
107
M-N
F-A
F-A
J-J
A-O
A-O
A-O
A-O
J-D
A-O
—
113%
'*106%
__
110%
93
84%
74%
23
102%
:
F~.
,
108 -V
105
105%
71
99
75%
94
' 94%
95% '
:
;,t
•
,
'
95%
13
' 93
94
56
84
85%
41
64'%
'74%
75%
69
59%
'
86%
73%
104
103%
86%
87
15
93%
80
Debenture 5s_
Columbus & Sou
88%
105
Columbus
,
•
•
>
& Tol
ACommercial
Income
deb
35
92 V*
104 Va
61
88
103%
1955
J-J
A-O
M-S
F-A
103%
-Apr 1 1969
May
110
..1961
....
4s„1948
3%s—...1970
1st extl 4s
M-N
48%
48%
*109
w_„
'
109%
%
108
*H3%
Mackay Corp—
w
95%
105%
1st
10
91
101 Va
Conv
mtge 3%s series I—
debs 3%s—..—
1968
J-J
111
112%
—
54
10
109% 109%
J-D
1958
114
8
109%
114%
6
108 7/a
114
110%
108
112%
110
,
112%
108
Commonwealth Edison Co—
12
53%
47
103% 103%
103
1st extl gold
Ohio El
46%
49%
103%
103%
deb 5s_——May 1952
Columbus & H V
114
113%
71%
: *106
M-N
modified1980
G & E
Columbia
113%
112
46
"• '*108
;
(stamped
4%s
118%
'113% 119%
"111% 118 '
25"
99% 100
■iK
1
96
111%
84%
103% 103%
51
,.
RR—
gtd__._
D
1977
Gen & ref 4 Vas series B
1981
Cleve Short Line 1st gtd 4%s—.,1961
Cleve Union Term gtd 5%s
..,1972
Z
1st s f 5s series B gtd
1973
1st s f 4%s series C—
,,1977
•
,
102% 102%
99%
33%
'•*
General 4%s series A
'
•
&
Series
Series
;
88
;
*' lJ
V
112% 112%
J-J
M-S
118
'.116% 116%
-84
J-J
33%
31%
34
*
116% 116%
112%. 112%
F-A;.
J-D
Can Pac Ry 4%
deb 6V2S—.1946
deb stk perpetual—
5s equipment trust ctfs
!
—1944
3
: 117 •
f 94%'
%
4%s„.1957
gold'5s..:
July 1969
gold '5s_ii.._i_Oct ;1969
gold 5s_—
—1970
gold 4%s.
—1955
46%
35
-
\Blh.lv
Canada Southern
•24
321
M-N
>
1993
gold 4s__
,,1993
Ref & impt 4%s series E
1977
Cin Wab 81 M Div 1st 4s
1991
St L Div 1st coll tr gold 4s—..1990
Cleveland Elec Ilium 3s——,s
1970
22%
1
1957
1
—
—
Canadian National gold
55
15
23 Va
2
5s
General 5s series
{.'.UjTfcl V;-
A-O
69%
52%
mtge
General
50%
11%
■
..1966
67%
52%
Cleve Cin Chic & St Louis Ry—
115%
110%
><:ietiif'f
^California-Oregon Power 4s_—
68%
■
105 Va
109
20%
'
,—1955
5s—
41%
41%
A-O
1934
'
96
109
: *__
M-N
4
3%s__^..™..i—t..r—1967
r J-D
Cin Union Term 1st gtd 3V2s D_._1971
v M-N
1st mtge gtd 3%s series E_—.,1969 /V F-A
1st
1
1st 4s——i— 1—1952
Bush Terminal
83'%
5
105%
99
111% 111%
F-A
J-D
299
A-O
JAChoctaw Ok & Gulf cons 5s_____1952
Cincinnati Gas & Elec 3%s
,,,1966
104% 109 Va
14
15
95Va
105%
M-N
—,1957
tBurlington Cedar Rap & NorSAlst. & coll 5s—
—h
:
' ACertificates
of deposit—_
8
107% 108
103 %
105% 105Va
95%
J-D
Debenture
5
104% 104 %
104%
M-N
10%
M-S
/
—^-1943
deb 5s
Co
tAChilds
*100% 102
5S.1945
10
48%
23 Vo V
,
58
39
.38
108 V2 108 Va
F-A
49%
110
v':v
1963
J-J
1963
J-J.,
—1952
J-J
1962
M-S
Station—.r
1st mtge 3% s series E
1st mtge 3VeS series F__
Chic & West Indiana com 4s
Union
ADebenture
Bklyn Edison cons M 3%s———
—1950
Bklyn Union El 1st gold 5s—
49%
23
J-D
1st 5s_._1960
Certificates of
Chicago
101%
80
—
guaranteed 5s
—Dec 1 1960
deposit,
—.
Income
94
92%
17
94
3 %s
Chic T H & Southeastern
.
103
78
gold 4%s
AConv
105%
102%
101
101
A-O
,i._19G6
22%
84
105%
94
38
30
137
43%
—
Memphis Div 1st gold 4s.^
1
105% 103%
:
.
F-A
44%
43%
J-D
98 Va
■
M-N
78
43%
1951
20
.;
A—.—July 1970
& N Y Air L 1st 4s_—1955
60
43%
J-D
100 '/a
M-N
mtge 4 Vis ser
64%
33%
39%
56
43%
1951
99'/*
'
J-J
63
35%
60
71%
70
8%
12
M-S
jlst M 5s series II——————-1955
gold ,4%s series JJ__——-.,-1961
.••1st mtge 4s series RR—.—--..I960
At'1st
130
60 Va
34
/:
'
M-N
J-D
132 %
A
,
34
61
60%
33%
4
y
60
*58
70
A-O
M-S
104 V*
128%
;.i 104% 104%
;
60
63
59
59
1960
1951
100 JJ
'.100% 100%
J-J
30%
33%
32
§ARefunding gold 4s——,1934
SASecured 4%s series A
1952
3
16
J-D
A-O
52
55
57%' 57%
31%
100%
100 Vi
A-O'
60
32%
57%
58%
59
F-A
J-J 1
deposit
j 129% 130%
s
130 V*
J-D
Big Sandy 1st mtge 4s————1944
Boston & Maine 1st 5s A C_——...,1967
of
100% 100 y*
*.
:
'
A-O
M-N
39
58
56%
57%
■
J-D
stpd
,,,1927
1988
5s
part paid,,
t A Chic R I & Pac Ry gen 4s
■
J-J
1st
Railways
t§AChicago
J-J
{
70%
-
J-J
J-D
56%
56%
1987
4s
AStpd 4s n p Fed Inc tax
J. AGen 4%s stpd Fed inc tax
37%
■J.
5s series
-Bklyn Union Gus 1st cons
1975
Jan 1 2000
1987
1987
AGeneral
52 Va
27%
53
J-J ;
1st & ref 5s series
J A Boston
84
37%
53 %
J-J
*
RR— ; %>'"t.
•————-1951
.—-1951
Creek & Sturgis 1st gtd 3s—1989
Creek Extension 1st 3Vis—-1951
Alnc
57
■
stamped,,,..
Telep of Pa
52%
35%
'f ;f- 64Va; ;64
M-N
B_——1948
C——-'—.-i960
Beneficial Indus Loan 2V*S—
1950
2%s debentures,u—
A——1956
Beth Steel 3%s conv debs——
1952
Consol mtge 3%s series F——1959
Con sol mtge 3s series G
1960
Consol mtge 314s series H_
1965 ;
Bell
32%
90
27%
V
M-S
Bangor & Aroostook
Con ref 4s
4s
329
:
(int at 3%%
1947)
1
to Jan
40%
JChicago & North Western Ry—
AGeneral gold 3%s
3%s registered
'
M-S
pgh L E & W Va System— .i. :.?•
Ref gold 4s extended to__i.1951
S'we6t Div 1st M
11
303
4s
(int at 1% to
due
.,2000
Ref & gen ser F (int at 1% to
Sep 1 1946) due
——1996
AConv due—i———Feb 11960
Sep 1 1946)
-
43%
Va
67%
77%
:
»
42
37%
Ref & gen ser D
v
60%
94
^
37%
37%
J-D
ser
gen
I
■?
'
C (int at 1'/#%.
Dec 1 1946) due
1995
Ref &
142
61
65%
Mtge gold 5s series A
ACouv adjustment 5s
.
Rcf &
65%
61
65 V*
A
Stamped modified bonds—, <.,;>*
1st mtge gold
(int at 4% to
Oct 1 1946) due
July 1948
.
63%
61
tChic Milw St Paul & Pac RR—
75%
59 V*
'236
70%
68%
68%
A-O
-
63%
J-J
J-J
gold 3%s series B__May 1 1989
4%s series C
May 1 1989
V. AGen 4%s series E
May 1 1989
AGen 4%s series F
May 1 1989
RR—
gold 4s
mtge
J-J
AGen
A.Gen
B
114
111%
115%
2174
THE COMMERCIAL & FINANCIAL
CHRONICLE
-Monday, November 29, 1943
-
NEW YORK BOND RECORD
1
New York Stock Exchange
Week
Ended
Week's Range
Friday
BONDS
Nov*
Last
Interest
Low
Conn Ry & L 1st & ref 4Vas
1951
196J
Consolidated
Cigar 3%s
f. debs_1953
s.
Range Since
Sold
January 1
High
*113 Va
J-J
J-J
Conn River Power si 3%s A—
BONDS
Bonds
Friday's
or
Sale Price Bid & Asked
Period:
'26
,
NO.
108%
debentures
3Vas
3Us
debentures
3 Us
debentures
*1946
7
100%
102
A-O
A-O
——
—.
a,-
Consolidated Oil conv
10T
107
107
1
1955
——————1956
—1960
105.
Debenture
——
4s
Consolidation Coal s f 5s
107'A
105%
108', a
4
106%
109 %
0-
„
103% 105%
•
—4
42Va
43%
31%
51%
'
'
J-J
1
■
'
„
99%
32
1
1
99%
51 »A
92
Consumers
108
receipts
.ADeposit
110
receipts,
Deposit
A
Deposit
series B
A 6s
47%
Va
65
U
66%
J-J
55
48 Va
,
High
73
56%
42%
64%
85
94%
78 Va
63%
78%
75
47 V4
*94 U
58
77
97
*75
J-J
*70VB
.
67%
F-A
57%
57%
2
42
61
J-J
59 Va
59 U
i
47%.
60%
63Va
24
48%
65
63%
J-J
J-J
.
*87 Vb
95
F-A
*75U
80
54%
J-D
62%
53%
55%
80
47%
60
43 Vb
278
J-D
49 U
49 U
51%
168
J-J
97%
97%
99 U
13
J-J
4Us series'.>*—1963
107% 108
14
102%
109% 109%
102% 103 U
97
J-D
109Va
97 U
108Va
42
56%
42
42
12
103U
26
42%
10
53 U
93
2
38%
5
98 Va
32 Va
45
27
40
82
106
106
102
A-O
102
,
102
A-O;
A-O1
10
44
A-O
16
43%
45%
104%
17
116
42
6%
24%.
28
23%
48V4
J-J
40'/a
40 U
42
26
23%
A-O
52%
52%
55 V4
81
38%
104 Vb 1114%
33
106 Va 106 %
1
J-J
.
J-J
%
38
53 U
A 1st
*41 Vi
j-3
to——-1946
•-U-,
30
50
36
48 U
38
27%
40%
38
.
*47%
Deposit receipts
.
——
Curtis Publishing Co,3s deb—-1955,
50
42,
*37 U
J-D
-1946
A
39
26%
100% 100%
A-0
gold 5s series C
—1956
Internat Hydro. El xleb .6s_.i^—,1-1944
Internat'Paper 5s series A & B—1947.
43Vi
*47 Va
.
42
48
39 Va
96 Va
MS
Ref sihk
1st lien &
101
ref
6Us—1-—
104%
J-J
fund; 6s series. A„„—1955
Int Rys Cent Amer 1st ,5s B>_.
-1972
"
.
96 Va
M-N
F-A
-1947
JAIowa Cent Ry 1st & ref;4s
MS
107%
92
101 Va
102 Va
95%
78%
48
63%
81%
3
70
,105V4
104%
4
96%
48%
3
77%
83%
187
66%
3 V4
44
1%
,
>83%
F-A
1951
96%
,
78 %
J-J
102 V
*100% 101%
'
Int/ Telep. & Teleg deb. gold 4V?s—1952
Debentures- 5S_i
;—1955"
>
106%
102%
102'% 104
52%
24%
147
15%
40'%
47%
IO8V2
101%
2
■
*102% 103 V4
J-J-
99%
24%
108 Va
*108% 110
JUfS
Inland Steel "1st mtg?;3s : series F__1961
Inspiration Cons Copper 4s_______1952
Interlake Iron conv deb 4s_1947
JAlnter-Great Nor 1st. 6s series Ar 1952
AAdjustment 6s .series, A,*_July 1952
'•Alst 5s series'B__.—.—-A—.AA-1956
111U
101
52
U
106Va
2
42%
38
.
1950
>1956
Indianapolis .Union .Ry, 3VaS .ser B_1986
112%
3
38 U
J-D
Ind 111 & Iowa 1st-gold 4s>»»
$Alnd & Louisville 1st gtd 4s
111 Va
110%
■*&
M-N
A-O
-1952
receipts
—
extended to-
110% 110%
M-N
a——:
A7Us series A extended
109
no-
M-N
—'——
'ACuba RR 1st 5S gold—,—
.
*109U 110 Via
M-2V
1942
5 A Cuba Northern Ry 1st 5 U?-
*108% 108%
Af-N
mtge
a
Low
No.
Power Co—
3 Us—-—
———1965
1st mtge 3Us———■■,
1967
1st mtge 3 Us—
-—-1970
1st mtge 3 Us——————-—-1966
1st mtge 3 Us^
——i—-1969
Crane C'o 2%s s i debs
—
1950
Crucible Steel 3Us.s f debs—;—-19o5
1st
F-A
1963
Joint 1st ref 5s series A-
.
1st & Tef
.
Range Since
January 1
Sold
,
111 Cent and Chic St L. & N O—
103
M
65
J-D
.
51'A
33
U-N
1955
40-year 4%s>_—
.->„.1960
Cairo Bridge gold' 4s.^
^
1950
Litchfield Div 1st gold 3s—,-1951,
Louisville.Div & Term gold 3Vafl-1953
Orilaha Div 1st gold 3s___"_
>1951,
•'St.,Louis .Div, & Terra gold 3s
1851'
Gold 3'V'aS-lj-J-i—
1951
Springfield Div 1st gold 3 Us-.-—1951
Western Lines. 1st gold 4s^
^1951
104 %
10.4
105 Va
*—
J-J
a
4s
100%
5
108'A
*38%
J-J
J-J
^Debenture
16
52
'
,
'
J-D
fACcmsol Ry non-conv deb 4s——1954
104%
106'A 106 %
J-J
Bonds
:
Nigh
'
101Va
104
101'/e
104
A-O
——1948
—1956
-1958
deb 3 Us——1951
debentures
Week's Range
Last
or Friday's
Sale Price Bid & Asked
Period
Refunding 5s_„
Consolidated Edison 'ol New York—
3%s
Interest
„
Illinois Central RR—(Continued)
111
—
Friday
New York Stock Exchange
Week Ended Nov. 30
Low
114
1
101% 101%
101%
113%
109% 109%
F-A
>
High'
Low
■
,
3
,
80%
,
85 V 8
6
D
106
106
105 Va
108 Va
Dayton Union Ry 3 Us series B—1965
Delaware & Hudson 4s extended—1963
J-D
M-N
76.
76
78%
145
75 %
80%
gold 4s—1936
—
*—1936
* ADenv & R G W gfen 5s
Aug 1955
J.J
42%
42 U
44 Va
183
21 Va
49 Vi
45
45
J. J
,970
Dayton P '& L 1st mtge 3s
jjADen & R G 1st cons
§AConsol gold 4Us
A Assented
J. J
1
40 Va
47
*18 'A
20 %
Af-S
1
—1961
Kanawha' & Mich- 1st. gtd gold 4s_A1990
A-O
tSAK C Ft S & M Ry ref gold 4S.1936
A-O
20 Va
*40
J-D
■
99
M-S '
108'A
1937
J-J
J-J
-
109%
23%
•'
112%
103%
1
107
40
-A—
9
99 U
106 U
23%
3
22%
109% 109 U
21
107%
unguaranteed—-.
'
Va^
A-O
Ed El 111 <NY)
M-N
*109%
*145
J
1st cons gold 5s——1995
debs—-—.—1950
Elgin Joliet &East Ry 3%s—-1970
El Paso & S W 1st 5s—
—1965
5s
stamped
——*—
.1965
Empire Gas & Fuel 3Us—
—1962
*107% 109
*106
AT-S
79%
A-O
•
103
79
*77%
99%
A-O
J.J
99%
M 4s series B——.——1995
AGen mtge inc 4Us series A——2015
J-J
99%
J.J
58%
N Y & Erie ER extl
80
~4
80
84'
cons
99%
10
99% 100%
143
59%
87
98
100Vi
92%
a
Ohio
Div
1st mtge
1st,4s
-1947
3%s——1971
.58%
Lake'.Erie &. Western RR—
iOO'Vi
*104
99
104 Vi
Lake. Sh-& Mich Sou
Firestone Tire & Rub 3s deb—— 1961
Flintkote Co 3s debs—-I
——1958
M-N
M-N
jAFlorida Cent & Peninsular 5s—1943
102%
A Certificates
MS
35 Vi
deposit—*
of
102% 103
11
15
9f
105
—
99
103 Vi
104%
'83
*97
J-D
East Coast 1st 4 Us—,—1959
A 1st & ref 5s, series A—1———1974
102%
*100
j-a
jlj'ioriaa
102,
76 U
»
35
36 Va
*33Va
94
SA2-4s
(Proof of claim; ———1982
ACertiflcates of deposit—-———
Food Machinery Corp 3s debs
1956
Francisco Sugar coll trust _6s_
1956
M-N
11
12
4Vi
11U
58
4%
,102 Vi
99 Va
15
>
95
'
83
86
1
107
,108% '
*109
103% 103'%
Jtf-S
a
4%
2.
1
4%
10
105% ..108%
■100%•'104'Vi
71%
4%
f
1003i 100%
98 %r,101".
99
51
85 Va
98%
99
16
85
89 Va
F-A
90
\99%
,99%
■
A—1947-
;
"ref- sink'.fund: 5sA
1
.98%
98%
F-A
J-J
99%, 101''v
*89
I'-fl
v
V?
90'/a
•
831/4.
80
.
93 'A
89Va
■4
Dec
61
55
61
35
j-j
98 VB
97 Va
98'%
33
78
98
19
75
J-J
97%
.A-O
*100
100
M-S
95
95
Va
62
73%
98V4
.
98
94%. 101,
87
96
••
F-A
——A—1954
88%,
83
83
F-A
*65
F-A
...
3
757."
.*„'_'
•
65-Va
\5s-stampecl__—a_AA——'-1964
5.s———1974
:<
5s
stamped-_,_A— _—_A—1974
Leh Vah Harbor;Term gtd 6si—aA_'1954
Lehi'gh-'Valley N Y.'4ViS ext—-1950
lst & .ref sink .fund;
103%
80 Va
__
61
93%
93 Va
88 Va
,
,107% 107%
A-O
5s .vStamped--_AA—„_A_—A—1954 •
-'lst &v ref> slnk fund, 5s—aaaP—1964
14%
99 Va
■.
.
85
106%
J-D
1st.-
15
11
99 U
46
:
Q3n/i
105
't
11
*103
57
*86
'J-D
Lehigh'Valley;t'Oal 'Co-^
38%
11
J-D
,
.
'
;
MS
Alsk mtge. income .reg———1975
Lehigh,:Coal & Nav s 14Us"A—-A1954
Cons sink fundi 4 Vss series C——1954
Lehigh & New Eng RR 4s A—a-1965:
41
'
II
M-N
Va
,
*94%
89%
86
93
71%-
"l
65 U
73
64
74 V a
63%
65
73
65
•,
.
78
llOVa,
*105Vb 106
gold 3V2S_aA-1997
99
JFonda Johns & Glover RR-—
#
75
62%
69-%
105%
170'A '175%
:3 V2S registered—'—A——.——-1997
Lautaro Nitrate Co Ltd—•
•
100 Vi
19%
20
37%
,
111% 118
af-s
Lehigh & N Y 1st gfd gold As——1945
102
24
41
*160Vb
J-J
.
107 V2
104Vi
;•
5s extended at 3%;to_—
r
65Vi
55
106 Va
MS
148
'
80 Va
65
M-N
1st
89
J-J
.
Laclede,Gas-'Light-extd 5si—A'-A_—1945
Coll &:refUUS series C—A.A——1953
j COlr &" ref '5Vas series- DA:*—--I960
Railroad Co—
Erie
91
61
A-O
•
106 Va
82 Vi'
71
*89%
J-J
102
102 Vi
—
Va
98 Vb
61%
1
151%
lOOVa
2
220
110Vb
148
—
101 101%
J-D
Elec Auto-Lite 2 Us
B6V'a
J
73Tb
*45
.
108%
107
.
70
tJ-J
Kings ^county. El L &;p..6sA-a
:1997.;
Kings Co Lighting'Lst,,.5sA—-AA—-1954
1st. &-. ref '6Us———A—A—-1954 •
33'A
111
4V2S
67Va
107% 108
*114Va 120.
-
J-J
1961
A——-1961
,' Pitiin'
"■
109
*
68%
73
73
107%
J-J
Koppers Co 1st .mtge B Vas__
,—^19614
Kresge Fbundatlbn '3U -notesA-—„1950
tAKreugerToll:-5s, ctfa-r—--aa-1959^
East Ry Minn Nor Div 1st 4s——1948
East Tenn Va & Ga Div 1st 5s
1956
67
94
'
67Va
J-J
'
102 Ve 103 Va
5 '■
J-J
Kentucky r& 'IndVlenitAys's4A--L—1961
'StampedUA-—1961
Va
34
85%
27
46%
19
86
67 U
67'/a
70
A-O
J-J
Kdnsas, City .'Term 1st 4s_-J:a-—^-1960,
Kentucky Central gold -4s—'——-—1987
51
26
'
99
102 Va 102%
108 Vi 108%
23 y4
—1965
*
27%
98%
102 Va
A-O
43%
*25'/b
'
112%
109 Vb
36
29
.
*98 Vb
'
^..,
^Certificates of deposit—A———-Kansas City Southern Ry -lst; 3s—1950
Ref • & impt 5s_:
a„——Apr 1950
99
89
109 %
•.
59
K
45
.
10
110%
103% 105
103%
Af-N
1950
—1962
95y4. 95%
12Va
6%
109% 110V4
*110
-,Ui
J-D
1995
57
12 v*.
18Va
99U
*97
'
110%
■
J-D
^
'
'•
A-O
M-S
4s 1993
-J;,.
95%
60 Va
3%
3 u
:
Laughlin, Steel 3 Vis--—-1961
Jones'
.
'
1970.
Second gold 4s
38%
<
1
1947
:1966
a
Va
22 U
14
192
J-J
__1965
series F_
5 Va
4%
4
>1935
Detroit Edison 4s
5U
3%
38
A-O
B——-1978
5
~5U
;
J-D
J-J
Jairiesi Fraiikl.-&,.Clear: 1st 4sil——1959
3%
F-A
F-A
(subject to plan;
ARef & impt 5s series
*102% 104
■
's'54%"
65
~i
62
71'
55l%
21
44
66
65
23
52 Va-
75%
30 Va
30%
31%
200
29%
42%
3(1%
30 V4
30%
4
28%
,3^%
33%
34'U
94
32%
45
*34'%
H
Lehigh'Valley RR— V 4
'
...
4s' stamped modified—aa'—^A—2003
'4s registered—aAaa„2003
4 V2S stamped modified——A2003
:
4Us. registered-—-—A;—A—2003
5s stamped modified-i.—-—#——2003
Lehigh Valley Terminal Ry ext Ss-1951
Lex &;Eastexm: 1st 50-yr 5s gtd
1963
Libby, McNeil & Libby 4s—A^——1955
Liggett h Myers Tobacco' 7sA———1944
,' 5s ,;debenture--A-A_——_-_A—„_1951'
54%
65
•: f-a
34%
31%
41%
-Vj -.;
.
.
J-D
Gas & Elec of Berg Co cons 5s
1949
Castings 5 Us___—:
1949
J-J
102
JnGeorgia & .Ala Ry 5s
—Oct 11945
$§AGa Caro & Nor 1st .ext 6s_—1934
Goodrich (B Fj .lst 4Us
1956
Gotham Hosiery deb 5s w w——1946
J-J
29
Gen
Steel
.
Grays Point Term 1st gtd 5s—;;—1947
Northern 4 Vis series A
1961
Great
General 5 Us series B—
General 5s series C
J-D
1976
•
J-J
Gen
1967
mtge 3Us series I_—
A Debentures
ctfs- B.
—
—
97
112 Vi
Little Miami" gen 4s'series A
102%
112 Va.
Long.Dock
5
92 Vi
108 Va
31
83 V4
102 V»
64
83%
100^'a
102% 103%
62
•99 Va
1053/a
Gulf States Steel
102 V 2 103
45
89
Va
•Feb
89 Va
*621/4
Feb
13 Va
13
88
J-J
88
J-J
62
Va
62
90%
J-J
88
Va
63 U
24
2
23
*97
1961
Gulf States Util 3 Us series D—
A-O
1969
Af-N
1031
103 U 103 U
Hudson Coal 1st s f 5s
Hudson
Co Gas
1st
stamped-—'—:
1951
14%
1937
M-N
A
A
84
M-N
1962
M-N
1957
F-A
—.Feb 1957
A-O
84
132%
84
105Va.l05J/a
J-D
1949
1st 5s
AAdj income 5s_i
*132.
53
53
54%
*116 Va
'
54%
26
55
7
98
,
"26
26%
80
103
69
■
Vi
Louisville & Nashville; RR--.*,.
5s
series.B-A-
1981
Illinois Central RR—
•
1st
gold 4s
-1951
_
1st
gold 3Us
IIZI
Extended 1st gold 3Us
1st gold 3s
sterling
"" —1951
Collateral trust gold 4s—
Refunding 4s
Purchased
lines
-1951
J-J
102
J-J
102
102%
J-J
*99 Va
*97
A-O
Af-S
-1952
A-O
*443i
61 Vb
61.
88
1053i
Collateral trust gold
A-O
A-O
A-O
—2003
60
46%
19 Va
see
1946
,106% 106 Va
.
,4s——i952
,
88
53
85
*103U
92
21
•
—
,
Af-N
100'
95 Va
102% 105 Va
78%*' 94 "
104 Va.- 105 V
*104% 107
a
94'/. 101%
101% 101%
110
*110% 111 Via
,
94% ,'105;
106%: 109%
103 105 •
92 Va
92 Va
Va
'
Atl Knox & Cinc Div 4s—1955
16
93%"
103 J% 103 Va
J-J
monon
32.
99
*107Va 107%
Af-S
103'% 108
105
97
92 U
92"U
103%
F-A
South:Ry Joint
1
105
-
97
M-S
31
55
101 Va
104%
97% 100%
92%
97
96
20
97
60%
65
60%
51 Va
65%
U-N
58 Vi
59
60 Vi
88
47
J-J
60%
58
57%
58
23
43 Va
59%
M-N
60
60
61
41
46%
62 Va
4sZZZZZZZ -1953
page 2176.
105
.
J-J
61 Vi
126
J-J
:
.106,'/a
A-O
-
111%
M
s
f 5s_
—1953
L Manila RR
(Southern Lines) 4s
1959.
J § A Manitowoc Green .Bay & North¬
western 1st gtd SVcS—a
1941
Marion-Steam Shovel *s f Us-i——1947
-Stamped I
a—A——'—A
1
Market Street Railway—
(Stamped mod) ext 5s
McCrory Stores deb'3%——
•
'
90 VB
J-D
J-D
._i
65%
M-N
>
90%. 91
•" *51V4 52
7 65%- 66%
..*52
Jj
Af-S
14
84%
47 Va
94
59
70
45 Va
•
—
49Va.
56
50
17
50
'
mi
Af-N
•
*25Va'
—
■
,
J-J.
J_
-
~
.66%
102
A-O
A-O
-J
•
Metron.Ed 1st 4Us series DA—1
1960.
Metrop .Wat Sew &'.'Drain 5%sAa—1950
IS AMet W Side El (ChiO 4sA
-1938
Af-S
ZZ
100
a
:
70
Vi103
102 %
100
—
*97
99
■
Q-A
A-O
39
66 Va
102 V
*102
•
t
1945
_1955.
.
For footnotes
94%
102%. 104 Vu
:
62%
-1952
Va
*103 ;
St Louis, Div 2d gold 3s——1980
Mob & Montg 1st gold A-Us—
,194.5
133Vi
-1955
3Us
1
93%
118%
_
61%
111%
26
„
••
lst & ref 3%s' series E—A-.
111%
401'a
*97Va100
-1951
102%
78%
109%
93 Vi
llOVi
v;lst,i.&; ref-4s series DAa—'A--A*,—2003
AManila,;Elem RR/&: Lt.
A
101%
93
—A—2003
-
series
104%
-122%
60
110
J-J
■■1st & ref .4Us' series[C-a——2003
97Va
Maine Central RR 4s series A——1945J
Gen mtgev4Us, series
A-—-——i960
Manati Sugar 4s sink' fund__Feb 11957
Illinois Bell Telep 2%s
98%
120
101% 102%
A-O
Af-S
Ark 1st 5s series A—-1969
107 Va
99%, 104 V i
98 Vb : 104 V b
945a
54
117U
—
54 Vi
1
3
21
122 J/4
*122
M-S
Loulsville.Gas & .Elbe 3'Us.A——1966
Lou & Jeff Bridge Co gtd 4s—„—1943
127
103% 104
Af-S
"
104 V»
104
Af-S
F-A
•.
—1963
9
.J-','
Af-Sr
.—1949
Paducah .&. Mem Div;..4s--—;
J-J
1954
series
gold 5s.
Hudson & Manhattan
1999
:4
103% 105
Louisiana
109 Va
,121'A1123 V 4
*
106
69%
102% 106
*110 Va
105V4T07%'104 St.. 109-%
31
*107Va %7
93%-
97-
1
io
*105-'
75 Va
69%
■
122Vb
.
A-O
Lorijlard (P). Co deb '5s—
3s debentures: ——A'
;>
H
Houston Oil 4Vis debs—
.
106
es 10433
,122.
M-N
Unif nitgq. 3 Us series-A ext—-—1950
Unif mtge 4s Series B ext_,__1960
Hocking Valley Ry 1st 43/as—
*§AHousatonic Ry cons gold 5s
104
122
50
75
123%
.—1962
58
148
70
13%
103 Va
99
115
40
Co,3%'s.ext to_„A—_(_1950
1st. &,ref
f 4% 8
s
106
J-J
F-A'
35%,
55 Va
A-O
Guaranteed :xef gold,4s—a-a—-1949
4s
31
.
*122'/a 124
"
99 Va
98
41
A-O
Long Island unified.4S—_A—^..1949
96%
102%
102 Va
J-J
40
A-O
'
Gulf
-1952
40*
AUN
993,i
109
9
11
99
1975
& Ship. Island RR—
1st & ref Term M 5s stpd
101%
96%
A—-2015
Gulf Mobile & Ohio 4s series B
AGen mtge inc 5s series
-
55 Vi
111 9
99 Va
99
•
J-J
AGreen Bay & West deb ctfs A——
30
103%
106 Vi 106%
J-J
1946
5
34
34%
111% 112
110% 110 VB
111%
1977
Gen mtge 4s series H
19
*100V8
J-J
—
103
98
M-N
•
J-J
General 4 Us series E——*
42
105 Vi 100%
22
148
*101% 102
J-J
General mtge 4s series. G——,-1946
29%
42
105 U
M-S
—-1973
General 4 Us series D_
■
27%
J-J
J-D '
1952
,
101 Va 102
Af-N
,
*111%
93
94
F-A
12%
13%'
113%
111
71
A-O
99 V4
89'/a
105V4 106%
*103% 105%
3
18
84
'
6%-
'96
13%
-
Volume
Number 4233
158
THE COMMERCIAL & FINANCIAL CHRONICLE
BONDS
New
York
Week
Stoek
Ended
Week's Range
or Friday's
Friday
Interest
Exchange
Nov,
Period
26
Last
Low
'
.
Bonds
BONDS
New York Stock Exchange
Range Since
Sold
January 1
Sale Price Bid & Asked
Biah
No.
Low
Week
1st
Lans
gold
&
Sag 3%s
1951
1952
M-N
1979
*90
M-S
__
J-J
3%s
Ref &, impt 4%s series
78
*100%
Michigan
Consol Gas 4s
{SAMidiand of N J 1st ext 5s
1963
A-O
*50
88
88
62
62
22"
.
1947
A 1st
&
APvef
J-J
&
t
.
M-N
1949
M-S
52T/2
Q-F
gold 4s—
ext
'
.
•'
28
'
50
27%
7%
7%
:
57
70
2%
5A"
4s stamped-,
cons
•'' 2
27 A
27
28 A
121
J-J
27a
27%
29 A
1.4
27%
28
J-J
A 1st &
-.-1946
J-J
,__1949
M-S
ref 6s series A-;.™
5%s
——
Alst & ref 5-As series B__
-
%-
J-J
—1938
gA 1st stamped 5s gtd as to int^-1938
A25-year
_1978
~55/a
A
"
5%
J-J
■"
8%
F-A
Y West
&
Bost
"o..
77
76 Va
4%
V
•
99 Tb
19 :
•V Ail'1'
53A
*95
Gen
222
.
'7%
64A- ,77A
.
98 A
.1946
..
1st 4s__——1990
Missouri-Kansas-Texas RR—•
Prior lien 5s series A——
Alst &
4s
59 A
Alst
50 Va
56 T 2
of
32
173
F-A
'.-M-3
51A
.51'A
,
M-S
53%
19
19
51A
53%
53 Va
M-S
51»A
53%
51A
of
•36 A
51 '/a
M-N
9%
9A
10 A
51A
51 V'a
53
207
59 3
15
V1
,
5%
.
i__1981
F-A
Moh'k & Malone 1st gtd gold 4s—-1991
M-S
Monongahela Ky 3 As series B
Monongahela W Penn Pub Serv—
f-a
51A
404 -V
V 51A -53%
1051b 105/4
1st
mtge 4 AS—,
Montana
1st &
Power
Montreal
Tramways
ref
1st
Essex
&
13
73
39 TV
85%
39
40%
82
29%
49
39
40
6
34
40
129
129
3
~
-
—
.
—
M-3
*120
M
4 As
105A
105%4 106
.
V A 1
%
95 V4
'
95'A
99%
J-D
M-N
48,
~~
;
..
1968
J-D
M-N
lV
'
1997
Q-J
Q-F
—
85
52
52
1st
Nash Chatt & St L 4s series A
1978
F-A
!
A
107
69%
72%
94%
9
69
89
147
42
86
Tb
54%
Q-A
*50%
51%
J-J
57Tb
57%
53%
50
J-J
76
76
76%
237
204.7
J-J
63
64%
2047
J-J
63
64
TV
63
TV
63
58%
40 A
56
50%
66 A
62%
81%
25
55%
25
55 A
681/4
68%
Power. Co—
119G7.
mtge 3 As
F-A
109
109
M-3
—1964
1944
109 %
30
111Tb 111 A
109
9
110%
110%
112%
101
i*
J-J
i
_.
,
1
<
101
.%
O
4s
107%
Ontario
13%
13
13Tb
109 A 109T2
J-J
J-D
1945"
M-N
Nav
1st
5s__
gold 4s—a. 1946
cons gold 5s__. 1946
con
1st
107
••
107
107 Tb
111
106%
110
102
104%
52
'
*
»
_
105 Tb 106%
J-J
*109
1961
J-J
1962
J-J
105%
*108 A 109%
J-J
stpd cons 5s__
1st
mtge 4 As ser A
104% 106%
-T.
1946
Guaranteed
46
111
2
10 7.1/4
Otis Steel
54 Va
50%
109%
109 A
•
J-D
loevb
107 A
108 Tb
109%
109
110%
27
106 Va
110 TV
4
991/4
105'A
-
109%
106%
19%
106 A
3
U
Oregon-Wash RR & Nav 4s_:
100 A
12
15
..
"110% 110%
J-D
1946
Transmission
59
107 A 107%
109Vb
1972
;
107 3 b
M-3
Si Elecl3%s—. 1966
Ore Short Line
'
M-N
1967
3%s
Gas
J-J
1963
debentures
Oregon RR &
96 A
31%
1st mtge 4s
mtge 4s-_i.
Oklahoma
.
"35V4
122
90Tb
12047.
Northwestern. Teleg 4As ext
114
993b
:
65
.
50
2047
lst-& ref mtge-3As
Wise)
(
89
2047
impt 5s series C
impt 5s series D
(Minn)
'
,37 Va
,
*111%
__1955
3As
& T
107
'""113%
:
42
44 A
*109% 110 A
1947
B_.
series
States T
Fuel Gas
Mutual
•
89
112...
48
—
•
Jan 2047
&
1st
'
51'
1st gtd 5s—
Mountain
42
5iV2
45 A
M-N
99%
48%
435/a
v.
1
70
_
Q-J
4As series A—
States
114%
1
*
A-O
89 Tb
impt 6s series B—_.
Ohio Edison
103%
18
113
—
123
59
110
■
124'b
132%
119 A
.
59%
65
••*109
'
124%
*123
■
15 Va
101%
113 A 113 A
M-N
1958
gid 3 As_—2000
Constr M 5s series A————1955
Constr
*110 f/a 111
A-O
t<4
ext——1951
5s
:
J-D
3%s—1966
Morrell (John) & Co 3S debs—
Morris
A-O
'
a-—i._1965
102% 106
81
1997
;
St impt
1st mtge
—i960
—
debentures!
6s
*106 Vb 107 Va
3
80 Tb
59%
'45:
51*'
112%
2
80%
O-A
t§AOg & L Cham 1st gtd gold 4s. 1948
1906
55
110A
108 T
58
38
*
•j
22 A
108 'V
*108 3 a 1.09
:
111 A
8 Tb
2
4
36 A
•: '35 Ta
deposit—
109 Vb
107
_
36%
'■
>
16
19%
5a %
203
A-O
-
.
90
'
&
Northern
27 »'4
59Tb
58
35%
200
_,—/
ref 5s scries-1
of
11,.
35%
83
30
108 Tb 108 Tb
—
Ref
Ref &
59 Va
16
86
15
.
A-O
M-3
deposit
registered™.
,
59%
9
109 Va 110
M-S
F-A
Ry 1st gold 4s_1996
Ref
V
11%
A-O,
11961.
g;en & ref 5s'
Ref
35%
7
1949'
A
35%
•
393
•/
5'6
45 %
12
J-J
2014
A
Gen lien ry & Id gold 3s
3s registered
38"
35%
465,;.
:
'
/
"V-
51 Va
deposit
53'
"35%
"
1980
.x—-.
65
33V2
V -19 V.
,135
21%
51A
deposit
of
ACertificates
.i
51%
.1977
—1978
_
.3
US'
29
'0--
ref gold 5s series
&
50 A
29
deposit—
gold 5As
ACertificates
J-J
A-0
-1975.
of
40%
.
A
High
31Tb
.
4s
:
2747
<
•
-
ACertificates
Alst &
374
65
deposit/I-
Alst'& ref 5s series GAConv
59
48A '53
Low
1
18%
*833V
109 A
.
M-N
.1998
Northern Pacific prior lien 4s_,;
'
-1965
__
series F——_
ref 5s
ACertificates
59
50 A
»J-J
'
5s series A
ACertificates. of
AGeneral
■"
J-J
—1962
tMissouri- Pacific RR Co—
■
50%
'••
No.
35TV
Vi
Range Since
January 1
Sold
Co—
.
40-year 4s series B—.,^-,4962/
Prior lien 4 As series ,D__-r,_^_1978
ACum .adjust ,5s series;.;A_i._Jah 1967
Alst & ref
51A
J-D
35TV
_
J-J
,
Mo Kansas & Texas
Bond*
High
*10
J-J
.
__1974
4As series A_r,_>
1974
ref
ACertificates
100 '!>"
41 A-
'
&
35IV
M-S
„
{Northern Ohio Ry-—
1
Alst mtge gold 5s (stamped can¬
cellation of guarantee)
..1945
10
.1%
1st 41,2s
mtge 4 As series A
North Central
.
10
.
3
.1943
.1967.
AGen mtge 5s couv inc
t§ ANorfolk Southern RR 5s
8
Va
16 V
30 A
?16A* 31%
- 15%
30A
"
:
17
r.
-5%
3
,
J-J
1st." 5s—1959
{AMissouri-IIlinois RR
.1940
Norfolk & Western
_~_1938
gAlst .consol 5s
*12
1st
tMlnn St Paul & Sault Ste Marie
§ Alst
F-A
Norfolk Southern Ry
30%
'
.
J-J
Niagara Falls Power 3As
.1960.
Niag Lack & Ont Pow; 1st 5s A__ .1955.
Niagara Share (Md) deb 5 Vas—
.1950
; 65'-
9 A'
Friday's
.1937
AN
61%
•
'
or
Sale Price Bid & Asked
.1937
88
68A
-
'63
28
26-Va
■
63
65
72%
,*58
:_1934
50-yr 5s series A_—1962
ref
51A
M-3
1941
§AMilw & State Line 1st 3%s
t A Minn & St Louis 5s ctfs__:
109%
38 _
5
>
{AMilw Spar & N W 1st gtd 4s
104-A
~4
■
Week's Range
Last
Period
§ A General gold 5s
ATerminal 1st gold 5s
N Y Telephone 3 TVs series B
78
-49 A
,
Friday
Interest
26
t§AN Y Susq & W 1st ref 5s
§A2d gold 4As
V3
101%
57
53
J-D
J-D
1
104 A 105 la
104 A
M-S
—1940
fSAMilw & Northern 1st ext 4%S-._1939
AgConsol ext 4]/aS—
1939
+
92
97
73 A' •73 A
73 A
Nov.
Lota
"
C
Ended
Nigh
Michigan Central—
Jack
2175
108
102 A 102 A
108%- UO'%
.
111 A
112 A
N
Pacific
Nat
Dairy
Nat
Distillers
Prod 3As debs—1960
Prod
3 As—-
1949
Steel
1st
{ANaugatuck RR 1st gold 4s_i1954
J-D
Consol Gas
coiis 58_—
1943
New England
1st
N J Junction RR gtd
N J Pow •& Light
1st 4s——„1986
I960
1st
&
ref
5s
New Orleans
1st
5s
series
Term
series
104
1955
J-D
10414
1953
J-J
B
1st
gtd 4s
fNew Orleans Texas & Mexico Ry—§ANon-eum inc 5s series A-—-1935
ACertificates
Alst
5s
series
of
ACertificates
Alst
5s
series
of.
4As
ACertificates
,1956
F-A
125%
a"-o
69 A
65
A
>73
2
83
2
104
*68 A
.
1st
75%
ref
&
3%s
*103 u
■'2
—;;
F-A
58 A
58
59%
A-O
54
54
55%
4Vbs
70
A-O
61A
61'A
63 Tb
TV
49 A
71
61V4
79%
471/2
•270
Central RR
4s series
A—-2—1998
Ref-& impt 4As, series A—
Ref &
impt 5s series C——2——2013
Con* secured 3As
N
Y
2013
—-1952
b
M-N
82 A
82 Vb
83 A
M997
J-J
83 A
83
84,'-
registered—M.997
J-J
&
Cent
3%s
Hud
——
River
3 As—
Lake Shore coll gold 3As—
77
1998
F-A
—1998
F-A
Mich Cent coll gold 3As——1998
F-A
60
77
*60
3-As
-
registered
3As
-
j
registered————1998
66%
F-A
66 A
58 A
158'
-•.*27
75
Cons'
.
.
67
Vb
6IV2
58
5s
'.
.
49
series
86
Tb
98
117%
102
1033/
109
10
106%
105 A
14
101
107 :T
104
106
*104
J-J
106
*108% 109%
109
102
109
104% 105 TV
16
103%
1053/
108% 109%
24
1061V
109a
F-A
107 A
107
107%
18
98%
108;T
M-N
109%
1960
deb
109% 109%
Tb
108
110%
110%
64
88%
122%
11
119%
1.24%
10.9% 110A
109%
99 Tb
64
101%
110%
108
117
1968
J-D
1970
3As
108
98
122
J-D
A-O
97%
97
A-O
106 Va
106
115 A 116
5
—;_™_1952
A-O
99A
1947
M-S
111%
1960
A-O
—Apr l990
Apr
98
99 A
133
39%
106 A
33
96%
106%
105 Tb 106 A
J-J
—1984
8
*1091/2 10.9%
98
F-A
1965
mtge 4 As series E—
Conv
67
M-N
A-O
1981
29
95%
106 A
98% 100
98
'
90%
98
100 Va
86
87%.
Peoples Gas L & O ref 5s
82
Peoria
70A
& Eastern 4s
ext
4s
A Income
54
*
7
55%
20%
21 Tb
23
Union Ry 5Vbs_,
1974
F-A
Marquette 1st series A 5s_,
1950
J-J
91A,
89
103
48%
66%
Pere
47%
61
!
111
112%
44A
62
91%
66
& Pekin
111% 111%
55 %
*
Peoria
A
1981
103'/a
108
105-
105 »/4
108%
B_
69%
'
57
115%
104%
gold 4Tbs—
Gen
50
*102
J-D
C——,—1970
53'
35
12
__
J-J
series A
61
67A-
62
105'
F-A
General 4 As series D
,74'A
Vv4
-
-
4Vs»s
67 A
52%
-
I960
1968
sinking fund 4As
4,7%
.
67
—1969
D
51% :
-..
J-D
M-N
F-A
—
1
.72
97 A
2
1974
ser
3%s series
mtge
Debenture
^
97A
*115%
1963
debentures
Gen
,
-.
1944
,——1952
Pennsylvania RR—
Consol gold 4s—:
.—1948
4s sterl stpd dollar—May 1 1948
:
52%
326
Y
102%
110 A
111%
105
A
General
J-J
N
ctfs.
—
Penna Power & Light 3Tbs
72
75
3Tbs trust-ctfs D
General
Newport & Cincinnati Bridge Co-—
'
General gtd 4As——
——1945
109
104
86
A-O
5s. 1949
cons
86
M-3
1944
Pennsylvania Glass Sand SAs^—
Pa Ohio & Det 4!bs series B_
64 A
44'i/2
-
ctfs
6s
Gtd 4s series E trust
64%
v
51 VA
—
deb
Secured 4s—
971/2
48
•
Trans
Guaranteed
108
'50
62
*104 A 104 A
F-A
109 Tb
Pennsylvania Co-
9GA
A
50
25
M-N
1955
I *108
105%
103'
*105 Vb 110
.1960
P L 3s B
J-J
106%
95 A
108 A 109 Tb
108%
J-D
.1955
112%
103%
Broadway Corp—
Paterson & Passaic G & E
44 Vb
.
A-O
.1966
1st s f gold 4'As
f gold 3s loan
M s
Parmolee
108
41
■
-
69
deposit—
A
80 A
"5
72A
1st
.1966
109s,b
97
103
55
.
Paramount
82
24
66 A
,69 A
85
111
70
deposit
A„;
of
118 A
106
mtge. 3 As series C
Panhandle East
7CA
122%
■52
,
69.
66
1954
—
of
series
Ref
Paducah & 111
A
116 TV
28
61
>62
119
85
Pacific Tel & Tel 3TVs series B_
100
70
72'
deposit——.
109
*103 A 104
12
•••
69 A
69
10
IO91/2 109%
*104% 105
J-D
2
60
>62
.
112%
J-D
'
F-~A
—1956
series D
5As
60 A
68
68 A
112%
no
J-D
..
60
~A-0
deposit-.
of
ACertificates
Alst
A-O
99Va
109Vb
34
.1970
5
92
95 A
:
M954
C-_-
ACertificates
Alst
deposit—
B
92%
23
.1966
V2 104 '/a
9434
98
110A
110% 110%
110
.1971
20
104'A
95
*97%
1101/4
1st & ref M,3s series K—'
105
.-77
104 A
G—
1st & ref mtge 3s series J—
95 A
104
series
101A 105
84
92
A
A-O
mtge 3As fceries I
4s
103 Va
4
95'A
J-J
A__1952
J-D
23
■
IO6V2 106 Tb
95 A
J-J
1st ref & imp 4As—__1952
Puo Ser
J-D
95
82
*82%
106Tb
J-D
El
102%, 106%
12
124 3 4 125%
A-O
1948
&
37
116% 117
125%
F-A
New Orleans Great Nor 5s A__i_^_1983
N O & N E
New Ovl
81
117
gold 5s.
.1964
116
J-D
1st
Co
mtge 3%s series H___. .1961
1st & ref
'A
82%
M-N
Gas
1st & ref
82
68
'
-
81A
J-J
-1961
1st 4 As——
105
Coast
Pacific
108%
68 Va
105%
*116
J-J
Tel & Tel 5sA—1952
4 As series B
gtd
31
63
106% ;•
302'b 102% '
104'A 104 V2
*99%
M-N
Newark
.
102 A
A-O
{ANew England RR gtd 5s
194.5
A Consol gtd 4s————1945
82
106
105
M-S
3s__—1965
mtge
81.
106
M-S
3As sinking fund debentures—1949
National
81
J-D
105 Tb 107
5%
1061/4
60
72%
58'/4
24%
107
97%
Chicago & St Louis—-
Ref
5 As
series A—
Ref
4As
series
.
y
A-O
._1978
N
Y
N
Y
v
M-S
3As-extended to,
—1947
debentures—950
95V4
Conv 5 'to. notes__—
33%
'A-O:
4-1947,
•
118
-
1043A105
77%
,
97%
86%
100/
J
V
Vv'.'s7,
76% '771/2
*98% ;99%''
A-O
A-O
ref
gold 5s_
Purchase money gold 4s„
N Y & Harlem gold 3As—
N Y Lack; & West
4
1948
J-D
•
1949
F-A
—2000''
'•y'%13
4
J-J
33
82 A
83 A
47
64 3,4
83 A
1980
M-3
74%
73A
75%
118
57%
76%
b-79V'2
T.10O
13
109
M-N
—-—1973
.72
M-N
V.,'.
0%
110%/
*111
£
72
75TA
t
76 A
.
series
Phila Electric
1st
-
>
M-S-
deb
deb
3As_—
1947
.3 A si——2—.1954"-
A-O
37 Va
37 A
ANon-conv
deb
4s
J-J
381/4
38 A
__2-—1955
ANon-conv
deb 4s
——1956
ADebenture certificates 3As
;_1956
AConv
deb
6s
'•M-N
38 A
J-J
___1948
§AColIateral trust 6s
M-S-
"105 Tb
•55%, 74 TV
60 • / 80A
.
38 Tb
*30
.
40.Vb
43'A
55ii
a
1957
M-N
13 Va
13 A
14
1967
J-D
40 Va
40
42%
tAHariem River & Port Chester—
N Y Steam
For
3As^
1965
stamp
1958
Corp 1st 3 As
—1963
footnotes
see
page
2176.
'
49
49%
52
32%
89
ref
5s
53
M-3
J-D
A-O
102 TV 103
9 %
9 Tb
4 TV
52
■■
*124
•
104%
105
106%
129
111
.108%
107
118%
--
125
*—
.
26
134%
125
A
107
U 111%
96
--
J-J
—
39
107V4
110% 110%
8
110 TV
112%
J-D
103% 103 TV
9*
102
104%
J-J
—1949
40
M-S
—1973
stamped-:
105
M-S
16%
40
16
41%
TV
33
17 Tb
123
20 A
8%
'
43%
19 Tb
M-N
*105
104
106%
M-3
.
Series G
49%
62%
Series I
49TV
78
*104Tb 105%
104 A
106%
•
8
A'
36 A'
98
Series H
cons
cons
,1957
guaranteed 4s——I960
*104
M-N
F-A
.
104
104
J-D
M-N
Gen
55
Gen mtge 5s series B
mtge 5s series A
*113%
F-A
F-A
*
1964
M-N
*123Va
series C
:
./.1970
105 A
.
J-J
106%
105
105%
104
107
1*.
110
113
111%
113 Va
1123V
"*p
—'
114
119%
123A
■,
-
—
^
—
7
116%
116%
106% 106Tb
•
7
119%
123 A
105%
117
105
•
—
*115
A-O
9
7%
1
104.
116
J-D
1977
123 Tb.
3 TV
4%
8
*113
—-1975
■
16
6%
*112%
1963
guaranteed 4As
21
Gen 4As
6A
6%
*4%
4 As
cons
J-J
deposit-
4s. guaranteed-
Series J
3
of
Pittsburgh Cine Chi & St Louis—
;
Beries D 4s. guaranteed-.
.-1943
Series E 3%.s.gtd gold
1949
Seri is F 4s. guaranteed gold
1953
37 A
)
M-N
•
1961
—1962"
Philip Morris Ltd deb 3s
:
*
3s debentures
:— „i^l963' *
—1937
{§APhilippine: Ry 1st s f 4s
31 "a
■-
J-D
1st & ref 3'As—-,-1967
AConv deb 6s
13
56
,
'
106% 107
*129
J-J
—1981
—1971
mtge 2%s___
{Philadelphia & Reading Coal—
.64
45 Ta
55 A
Alst & ref 4As series of 1927
N Y Queens El Lt & Pow
N Y Rys prior lien 6s'
"33
38 Tb
43 A
A-O
52
31%
31%
44
.
...
ADebenture 4s
1st '4s—-—:—
—1954
tAN Y Ont-fe West ref gold 4s——1992
AGeneral 4s
;
1955
N Y & Putnam 1st cons
gtd 4s_"Il993
34
l'„7
.11
40
J-J
—1940
9
•
'38%'
1977
C—
106%
-
».-V 27
39V2 '39%
38"A 38Vb'
A Non-con v
ANon-conv
F-A
& ref
ACertificates
{N Y !NTew..Haven & Hartford RR—■/
ANon-conv deb 4s-—_
.—1947
J-D
1974
B
Philadelphia Co coll tr 4As—
112%
100
20
gold 4As series
4As series D
General
115% T17%
lO".
5s
General
106%"
'
108
111% 111%
*105 T
General
65.*
7 86
108%
*115% 1 157 b
111%
M-N"
4s series A——1973
As series B
1956
gold 4%s series C—
.Phelps" Dodge conv 3%s deb-——1952
Phila Bait & .Wash 1st gold As-
99%. 301A
101
'*5
108 M08A
*108
,
102 TV.
,
N Y,Gas El Lt H & Pow
4s series B——
.
'•-.'64 A
;v'/*
•
A
A-O/
19(55
lien &
:
."/ 177;,
'
F-A
•
3 As series 2E—_1966
N Y .& Erie—See' Erie RR
'
1st
96A
83%„ 85%
*101% 101%
*99%
r
VJ-D
Connecting RR 3As A__—_M963
Dock 2lst gold 4s
—1951-
N Y Edison 3As series D_
{■/■■ 6
'
9534
A-O
1st mtge
6s
Va
v.
——1974'.
C—
58
1st
1st
New York
117
100
107%
'
10
10%
142
"4%
13
52TV
9
90Tb
6%'
2
41%
104
12%
7
58%
Pitts Coke
Pitts
1st
Steel
&
Iron
1st
conv
mtge
4%s A
4As
mtge 4As series B__
1952
J-D
102Tb 103
J-D
102
M-N
*109
110'A
J-J
*107
108
104%
108%
1st
J-J
mtge 4 As series B
1959
A-O
107
107 TV
106%
109%
1st
mtge 4As series C
1960
A-O
.310
111%
Pitts & W Va
1st 4 As series A
1958
J-D
95
*99% 100
M-3
1950
1950
56%
56%
102%
56%
*56
56
57 Vb
98%
103 %
6
98%
103 A
13
55
64
53 Tb
6
57%
56
103
26
63%
53%
64
THE COMMERCIAL & FINANCIAL CHRONICLE
2176
Range Since
Sold
January 1
High
No,
Last
Period
Low
1st
gen
1st
gen
Potomac
t A Providence
K.Providence
Friday
Exchange
107%
Texas & Pacific 1st
109
124
Gen
ref
&
5s
2000
gold 5s
series
B
79
78%
79 %
41
5s
series
C
1979
A-O
77%
78%
77%
33
67%
853/4
5s
series
D
1980
J-D
77%
77%
78%
33
67%
853/4
1964
M-S
6
103%
—I960
Jan 1960
J-J
A-O
100 3/a
Tex Pac Mo Pac Ter 5%s A—
•lO&Vi 106
105%
107 Vi
Third
J-J
111
108%
110%
F-A
*1103/4
•
Af-N
90
3
100'A"
133/4
Af-S
—
95%
15
133/4
7
91
100
*97
.
*109'A
Ave Ry
1st
ref 4s
AAdj income 5s
:
—
110% 110%
—
rei
nuge
&
ref
mtge
rei
mtge
8s
Tol & Ohio
101
St
97
112%
106%
ref & impt 3%S—1960
Cent
Louis
West
&
Toronto
Ham &
Trenton
20%
109%
'
—
-2037
J-J
*147Vi
-2037
J-D
-1968
A-O
73%
94
62%
76
27%
30%
474
21%
37%
—
145%
Gas
1st
& Elec
1st
J-D
-1950
4s—
1st
Buff
gold 4s._1946
gold 5s_._ 1949
•
'
98 %
12
101%
27
98
98
101
A-O
"
'
J-D
*102
Af-S
*116
J-J
'1063/a 107
Tri-Cont Corp
116%
A-O
25
883/4
J-J
91%
91'A
92
78
78%
J-J
91%
91%
92
38
78
.1950
105
2
Rand deb 3Vis
Republic Steel Corp 4Vis series B.
Gen mtge 4Vis series O
Revere Copper & Brass 3 Vis
J-J
.1960
Af-N
4s.
.1939
J-J
78%
.1949
A-O
46
4Vis series B
Remington
t§ARio Grande West 1st gold
A 1st cons & coll trust 4s A
.1950
Af-N
105%
Gen
Gen
Af-N
1945
1959
A-O
F-A
104
1967
J-J
103 y8103%
■
*109%
34%
Af-S
34%
—
M-S
.1949
j-J
9%
9%
.1941
J-J
9%
.r 9%
3s deb-,-
f.
debentures
Union
Pacific
1st
1947
Ltd 1st M 4 Vis—-—1968
58 Vi
24
27
Ref
110
.
108%
'
—
109%
34%
93/4
14
22
17
9
10
45
9%
Serial
stamped
4s
St
■
lien
A Prior
14
99
105%
,3
108
107%
55 3/R
IO6V2
HI
A-O
105'%
108»%
A-O
101 %
101
101'A
11
943/4
102%
100 3/4
100% 1003/4
31
100 Va
100 3A
101%
102
101
1013/4
1003/4
102%
*106% 107%
M-S
■
—
104%
61%
62
102%
M-N
*101
M-N
*101% 102 %
May 1 1950
M-N
*101
1 1950
M-N
*1013/4
M-N
*101
M-N
*101'%
—
Nov
Nov
101 %
101%
101
„
102
101 %
__
1013/4
101 %
„
102%
3 03
1 1953
1 1953
% 102%
101,%
M-N
*101% 102%
101%
102 %
May 11954
M-N
*101%
1013/4
102 %
1 1954
M-N
*101%
101%
102
May 11955
M-N
102
103 'A
May
—
—Nov
—
Nov
2.65s
*101
-x
—
M-N
—
—
*102 % 102%
67
61%
1951
77%
97%
1
78%
—1944
A-O
1944
91%
93 %
150
91%
F-A
7
100% 101
14
993/4 100
99 HI
140
93
% 103
97 %
102%
97
101 %
94%
71%
ref 5s
&
1023/a
96
91
1st
& Trac
102
102%
A-O
United Stockyards 4%s w w
97%
47
44
98%
98%
1
91
88 %
1
73
j-j
303/4
500
19
1st 5s
Light
38%
j-7
&
88%
JL950
Power
100 %
88%
Utah
75%
M-a
j-j
.1950
71
J-J
28 3/4
28%
37%
28%
28 %
29 '/a
13
18%
31
31
32%
127
20 3/a
40%
3
32
30%
30%
32%
598
193/4
393/4
30%
30 %
31%
42
193/8
39%
963/4
95
96'A
36
853/4
65%
M-a
Vandalia RR cons g 4s series A
41%
20
'
3 1 34
of deposit
.1978
A Cons M 4 Vis series A
ACertificates of deposit stpd.
66
12
V65%
M-N
-1989
V
J-J
1989
•
Va
Iron
M-S
Af-S
W
108%
__
*111
M-N
1968
1st gold 5s„1949
& Coke
Coal
*108%
F-A
1957
114
112
79%
91%
*89%
108%
111
110%
__
111
ill
91 %
72
■
*
1955
f 4s series B_
Virginia Pub Serv
Va & Southwest 1st
"
J-J
-1952
s
i84
.-461/4
Cons
Va Elec & Pwr 3%s series B
1st
Louis-Southwestern Ry—
J-D
17
May 1 1952
1 1952
.
2.60s
95%
ACertificates
tSt
105'%
109'A 1093/4
May 1 1949
1 1949
—
2.20s
95%
iy4b
5s series B
1093/e
97%
Nov
—
—
2.15s
153/4
1959
mtge 5s__
Rocky Mt & P 5s stpd
L
107%
97%
•
Corp—
2.10s
143/4
1955
W 1st gtd 5s—
jASt L-San Fr pr lien 4s A
ACertificates of deposit
103
debentures
2.05s
39
Steel
States
Utah Lt
M-N
81
108%
103
1
1944
United
95%
*96
M-N
1933
fASt L Peor & N
L Pub Serv 1st
St
61%
108
A-O
3
54
124%
62 Vi
*__
A-O
J-J
1952
3%s series A
mtge
;
110
__
105% 105%
105%
J-J
1043/4
198U
86
124%
1053/4 106
J-J
Grand Island 1st 4s
1947
Adir 1st gold 5s
1996
2d gold 6s—
—1990
tSt Louis Iron Mtn & Southern—
A §Riv & G Dlv 1st gold 4s
1933
ACertificates of deposit
Lawr &
1003/4
102'% 102'%
-1971
—
2.50s
Jos &
105%
48
102
2.45s
St
16%
103
2
F-A
1053/4
35-year 3%s deb—
2.55s
St
112%
9%
„
104
.M-N
1970
3'%s deb—
2.40s
Saguenay Pwr
*14%
RR—
grant 4s!
land
&
34-year
2.35s
A-O
1103/4 110%
1103/4
—
*109%
—
95%
95 %
105%
68
—
*111%
M-S
(Chic) 5s
Calif
106%
100
47%
46
1103',,
U
99%
101%
65
81%
*125%
M-S
.1934
1st 4Vis
t A Rut-Canadian 4s stpd
A Rutland RR 4 Vis stamped
1§AR I Ark & Louis
101 %
*1003/4 101
M-S
.1967
mtge
105
78 %
117
107%
1955
102%
15
105%
105% 1053/4
105%
.1977
98%
98
105
F-A
3%s series H
.1967
mtge 3Vis series I_—
.1969
mtge 3Vis series J———
Gen
98%
.1961
4Vis series D
Roch Gas & El
1971
3s
.1997
Gen & ref
—1953
Union Oil of
.1997
—
102 %
105 3/4
117%
0s conv deb A
112%
.1951
4s—
100%
101%
91
149%
R
Reading Co Jersey Cent coll
Gen & ref 4'%s series A..
87%
100%
103
222%
1093/4
109% 1093/4
—
,
108
220
!
*222 Va 230
——
of Nor 111 3'%s
Service
Public
-
107
*__
Af-N
,_1972
3s
—
5s—
&
'
71 Vi
283/4
ttA Union. Elec Ry
6i
1 st
J-J
111
72%
—
100%
J-J
-1957
162
993/4 100%
100 3/a
Union Electric Co of Mo 3%s
lsi
1st
88 %
ref
ref
*110
1956
116%
68
&
J-J
-1968
High
101%
A-O
&
M-S
•
Tol
Publ.c Service El &
January 1
*114% 115
J-D
Range Since
Low
No.
Gen
J-D
—
Sold
Hioh
Gen
J-D
-1951
Securities 4s—
Terminal 4s
Gas 3 Vis
Bonds
Friday's
—1977
.
-1977
deb 5s
or
Sale Price Bid & Asked
Low
-1966
M 3Vis
Period
Week's Range
Last
Interest
•
26
-1950
mortgage 3Vis
1st
Pressed Steel Car
Stock
Ended Nov.
-1960
1st 4Vas_
Elec
Gen
York
Week
t
High
118%
123
New
-1977
extended to
El Pwr 1st
1st 5s
Low
2
108
108
F-A
& Ash
series D
4Vis
1st
Portland
J-D
1st 4s ser A—-1948
-1962
5s series B__
—1974*
5s series C—
Young
Pitts
BONDS
Bonds
Sale Price Bid & Asked
Interest
Stock Exchange
Ended Nov. 26
Week
Week's Range
or Friday's
Friday
BONDS
York
Nrw
Monday, November 29, 1943
48
48
49%,
40
J-J
31 Va
31%
33%
81
•
97%
5s_—
cons
1st mtge 3%s__1972
gtd 5s
2003
F-A
1958
A-O
79%
1966
M-S
1103/4
/.
——
Virginian Ry 3%s series A_.
__
5
100
100
.
104 Va
109 %
,
100
J-J
79%
92
110
100
15
72%
86
21
79'%
110% 111
108%
111
83%
100
'
ref gold 5s series A_. -1990
&
A Gen
i_1968
1947
,
/o^
UJiivu
JraUi
-
J-D
*92
*18'%
20%
25%
27%
f deb__—
25%
F-A
.1971
A-O
-1952
1
*102
*
'
51
27%
126
6%
17
1013%
34
1023/4 1033/4
126
M-N
'r
"
102 3/4
Af-S
.1989
Schenley Distillers 4s s
:
85
J-J
1941
Dw
-
3
126
50%
89
W
24%
31
Wabash RR Co—
104
J-J
98%
98
98 %
1981
1991
Apr
59
59
59%
71
44
61"
Apr
50%
49%
50%
101
34
52
tAWabash Ry ref & gen 5%s A—1975
106
126%
mtge 4s series A
AGen mtge
4s inc series A
"
AGen
tSeaboard Air Line Ry—
§ A 1st gold 4s unstamped
§ A4s gold
—1950
-1950
.-Oct 1949
1959
stamped
5s
AAdjustment
§ A Refunding
4s—/.
7
18%
18%
A-O
*17%
of deposit
1st cons 6s series A
ACertificates of deposit
AAtl & Birm 1st gtd 4s
ACertificates
A
1945
M-S
1933
M-S
F-A
•
J-J
1950
1964
A-O
Bell Tel & Tel 3Vis
South
debentures—
3s
6s A
Colo Power
Southern
49
14
29
48
31
561/4
%
15%
30
17
23
263A
29%
~3
55
103%
15
1
98%
102
40
61
101%
105%
1013/a
104
105%
107
*123
123
123%
*107% 1081/4
107%
J-J
1061/2 106 Vi
105%
1093/4
J-J
102 3*2
102
105%
102
Pacific Co—
4s
1st 4
Aug 1949
1949
Pac coll)
registered-.
Vis (Oregon Lines) A
10-year
92
92 %
J-D
%
5
240
M-a
61%
61%
643/4
M-S
61%
61%
62%
M-N
60
59%
613%
1969
1981
——
secured 3%s
Fran Term
——1940
.1950
1st 4s
82
93%
90%
89
1968
Gold 4Vis
San
32
1977
Gold 4Vis
Gold 4 Vis
72%
933/4
68
90%
54%
69%
55
68%
285
53%
66
171
52%
99
Pac RR
1st ref gtd 4s_.
1955
Stamped
——
Ry 1st cons gold 5s_—. .1994
.1950
Devel & gen 4s series A
1950
Devel & gen 6s___
.1950
Devel & gen 6Vis
.1990
Mem Div 1st gold 5s
.1951
St Louis Div 1st gold 4s
Southern
Southwestern
1st
&
J-J
59%
611/2
101 3S2
101ft
99
93%
101ft
98 3/a
99%
127
87%
99%
99
A-O
Pub
J-J
"
4s—
Serv
86%
883/4
380
87%
86%
.
88 3/a
76
70%
1st
mtge 4s
Gen
1st
Ltg
5s
mtge 3%s__
33%
99%
15
36%
36%
4
98
F-A
98
1
stpd gtd—
1950
—1967
•
119
88 3/a
92
92
683/4 .81
A-O
92%
91%
921%
22
873/4
96%
953/4
A-O
J-J
IOO1/2
J-J
99%
mtge 3%s series I—
—1966
J-J
104 3/a 105
98
96%
19
92
101
100% 100%
21
84
100%
62
89%
103 %
993/4 101
J-J
Af-N
110%
5
105%
;
——
ASpokane Internat 1st gold 4Vis. .2013
Stand Oil of Calif 2%s debs— .1966
1073%
F-A
Standard Oil N J deb 3s
-1961
J-D
-1953
J-J
104%
-1945
J-J
101
-1956
M-N
105'%
.1961
M-N
102%"
111
debenture
Studebaker Corp conv deb 6s
6s called bonds (Jan 2,
1944)__.
Superior Oil 3%s debs_
Swift & Co 2%s debs
41%
102% 102%
7
102%
89
112
21
109%
112%
90
137
89
—
1952
A-O
1977
J-J
1946
Af-S
70%
70%
72 3/a
34
Af-S
70%
70%
72%
77
36%
1950
25-year gold 5s
1951
30-year 5s
—I960
Westinghouse El & Mfg 2%s__
1951
West Shore 1st 4s guaranteed——2361
Registered
2361
Af-N
101
101
101%
28
84
J-D
1013/4
101% 1013A
Af-S
100%
100
West Va Pulp & Paper 3s__
J-D
Maryland
ref
5%s
JAWestern Pacific 1st 5s
ser
A
A5s assented—
gold 4%s
_
1954
Wheeling & Lake Erie RR 4s
1949
Wheeling Steel 1st 3%S series B—1966
1st mortgage 3s__.—1958
& Co
1st
4s__
Central 1st 4s__
JAWisconsin
ACertificates
of
98
4
%
75
100%
114
101% 101%
M-N
2
ACertificates
of
.
refund
s
f
cons
.1951
I
gold 4s
J-J
.1944
F-A
.1953
J-J
104%
27
.1974
104
1073%
1041/4
105%
1003/4 101%
46
lOO3/,
F-A
.1959
A-O
ft 100 '/a
12
100 ft
.1965
M-N
87% ioi%',;
83
101 %,<
101%
102 %
43
61
53%
53
54
40
50%
50 3/a
51%
57
.41%
3
102%
104 %
4
109%
111 Va
56%
103% 103%
111'/a 111%
M-S
Af-S
A-O
-I960
J-J
101%
92%
55
101% 101%
21
91%
*116%
J-J
-1949
92
58%
*__ "
1st 4s
1936
15%
Af-N
Public Service 3%s
62
116'%
673/4
47%
28
~1
65
143/,
26%
15%
16%
23%
109 Va
112 %
107
109% 109%
A-O
101 %
47%
58%
18
.1968
93
100%
134%
__
59 %
58
88
108%
51
101%
51
953/2
103V2
lOl'/a
*108
1971
J-J
1948
M-S
102
102
102%
1960
M-N
101%
100% 101 'A
103 %
105% 105'%
1
1033/4
lub %
1021/4
1033/4
*103
1033/4
122%
112'/4 112'A '
*105'A
88
105%
76%
101%/.
111%
100
*—
J-J
.1950
76%
54
8
104% 105
120
125
102%
105%
21
110%
113'/a
-1
103%
105'A
*102'% 104
112%
102
J-J
deposit—
Wisconsin Elec Power 3%s
Conv deb 4s
1st mtge s
a
Gen
95
J-J
deposit
$ASu,& Du div & term
88
—
90
—
67
88
94
L>
f 3%s series D__
Deferred
delivery sale not included In the year's range,
d Ex-interest,
e Odd-lot sale
n Under-the-rule sale not included In the year's range,
r Cash
the year's range,
not included
Terminal Assn St L 1st
94
36%
1946
&
Included in
Tenn Coal Iron & RR gen 5s
84%
1st 4s
1st
104'%
50
104
__
110 Va
110%! lU
Youngstown Sheet & Tube—
2%
120%
106
114%
3
-
110% 1103/4
50
Apr
119
n
108%
5
105% 105%
.
104
112%
13
1103/4 110%
J-D
.1972
98
104
series A
Western
Wisconsin
.1964
45
88
108%
10
120
119
1063/4
74%
•
31
110% 110%
Af-S
Winston-Salem S B
82
56
74
105
34
100
104
*108% 109%
J-D
—1963
1st
Power
Wilson
74
J-J
91
102
__
*993%
F-A
5s E
West Penn
89%
A-O
J-J
.1968
Bell Tel 3Vis B
ref 3s series C
Southwestern
J-D
34
25%
33%
99
33%
A-O
66
59%
1013Sa
Af-N
•
South
Westchester
Walworth Co
Western Union Teleg
(Cent
4s
*102%
D
323/4
323%
26%
__
ft.
109%
105% 105 7/a
A-O
F-A
4%s series C
102
99%
34
100%
103% 103%
J-J
1963
1962
1979
1947
30%
%
103
.
103%
F-A
Socony-Vacuum Oil 3s debs
South & Nor Ala RR gtd 5s
103
15
5s series B
gen
29%
25%
*100% 100%
A-O
Skelly Oil 3s debentures
316
30 3/4
42
55
Q-Af
ARef & gen 5s series
20
14%
13%
53
20%
24%
100
100
F-A
A-O
ARef & gen
*24Vi
J-J
-1955
Warren RR 1st ref gtd gold 3Vis__2000
Washington Central Ry 1st 4s—1948
Washington Term 1st gtd 3%s
1945
1st 40-year guaranteed 4s—1945
ARef
14
41
26%
26%
F-A
*32
50
4%
23
42
*32
A-O
27%
*32
F-A
49%
273/4
23%
24
23
JASeaboard All Fla 6s A ctfs
-1935
A6s series B certificates-,
1935
Shell Union Oil 2Vis debs
1954
23/4s sinking fund debentures.—1961
t§ ASilesian-Am Corp coll tr 7s
1941
Simmons Co debentures 4s
1952
Southern
7
263i
Af-S
—1976
—1978
1980
28
40%
7
-
90
39 3/a
38%
38%
F-A
mtge inc 4%s ser B
14
.*38%
A-O
A-O
16
1971
1st
1023/4
123
-
in the
§Negotiability impaired by maturity.
tThe price represented Is the dollar
pound unit of bonds. Accrued interest payable at the exchange rate of $4 8484.
tCompanies reported as being In bankruptcy, receivership, or
the Bankruptcy Act, or securities assumed by such companies.
quotation per 200-
reorganized under Bectlon 77 of
105'% 105'%
5
105%
106%
♦Friday's bid and asked prices; no sales being transacted during
106%
19
1053%
107
current week.
ABonds selling flat.
106
not
sale
year's range.
1
Volume
CURB EXCHANGE
NEW YORK
WEEKLY
■
111
a
transactions on the New York Curb Exchange for the week beginning on Saturday,
to include every
STOCKS
STOCKS
Ended
Week
26
Nov.
Wire Co
class
B
1
-
Ainsworth Mfg common
Associates Inc
Air
Investors
Air
_
(N J)
Corp—
Accessories
Aircraft
Power Co
(Mich%
Products
Class
A
—
common.:
conv
94
Jan
3% July
Jan
1%
300
x2%
Bowman-Biltmore
1%
500
93
4% May
Jan
1%
2,100
.
Feb
27'%
2
20
Goods
Aluminum
Industries common
Ltd
Aluminium
Apr
Apr
Jun
23%
Jun
29
35'A
Jan
American
—
800
81
Jan
Cities Power & Light-
Oct
2% July
Mar
33
50
20%
Jan
6%
200
4'A
Jan
8% May
5%
28'A
4,100
5
Nov
9%
29
6%
—
5
5%
Sep
Mar
109
Jan
18
Oct
11%
120
Nov
,
28'A
18%
Jan
78%
103%
79'A
Nov
115% July
Jan
6
American
American
106%
950
35%
Nov
33
4,500
13%
79'A
Co
Mar
Brill
7%
Jun
class
Class
American
A
class
Gas
Seal-Kap
Jan
12
Jan
26%
3,700
19%
Jan
108% HO Va
400
93%
Jan
5%
1,000
3%
Jan
28%
Jan
Jan
17%
350
13'/a
Jan
23%
2 5'A
26%
250
20%
Jan
28
13
Jan
19%
Sep
25%
Feb
26%
Apr
Jan
39% May
5
2,300
18%
18
warrants
—.
Atlas Drop Forge common——
Atlas Plywood Corp..——...
Automatic
Voting
A
—
Oct
1%
Oct
Jan
26%
Sep
57%
Jun
13% July
Jan
5 Va May
600
2%
.75
%
325
14%
A
II May
Jan
8,400
104% 105%
Oct
105%
Jan
60
17% July
600
2%
Jan
3%
3%
600
3%
Jan
3%
3%
200
2%
Jan
2%
100
2
Jan
5
1%
1%
300
1%
Jan
2'A
13
4
May.
5%
Sep
May
Jan
8%
100
12%
97%
290
108% 108%
15%
Jan
Jun
111
Jan
Aug
5%
Jun
6%
Jun
3%
800
1%
Jan
3Va
3%
6,000
1%
Jan
9%
9%
100
8%
Jan
30
88%
Apr
99%
1,600
6%
Nov
lO'/a Aug
3
98
98
7%
7%
7%
7%
7%
6
6
—
17%
17%
5%
400
17%
4%
12%
Jan
Jun
7
Jan
25
Sep
10
Jan
200
.
10% July
July
17%
Kuooer
(E L)
■
%
Feb
6%
2,000
A May
2 Va
Feb
69%
5%
80
Feb
3%
Jun
8
Apr
%
1%
5%
25
32
32
x8
x8'A
1%
1%
5% 5%
11% 11% '
3%
3%
4% 5
8% 9%'
8
1 'A
5%
—
—
—
__
Jan
Sep
May
6%
Sep
Jan
28%
40 % May
4%
Jan
8% July
7,600
%
Jan
2% July
300
5%
Nov
8%
Apr
10% Nov
12%
Nov
700
200
400
1st
Bunker
Hill
20%
2%
5% July
Jan
600
convertible A common
5
Refractories Inc—
1
Baumann
(L) common
;
;—_*
7 % 1st preferred
——100
Beau Brummel Ties
-1
Benson
4%
rdsboro Steel
Blauner's
Bliss
Blue
*3
■
Fdy & Mach Co com..*
•
1
1
common
Ridge Corp common
optional
For
i
common
(E W)
convertible
footnotes
see
preferred
page
2181.
'
Jan
common
Jan
18
Jan
17
5 %
22
Aug
Jan
4
% Juiy
11%
Sep
Jan
15
26%
Oct
84
Nov
Jan
2
May
141
Jan
x20
Jan
7%
Jan
10
10%
Jan
16% May
82
Jan
99%
Jan
13 % May
31% May
79
—
200
x20
x20
"9
9
700
15,800
14%
15%
95
95%
150
11%
14%
75
300
Va
1
1%
1%
20
5%
3; 700
60
11%
2,300
9%
25
"i%
"l%
3%
7,500
dep rets 5%
American
Calamba
Electric
Tungsten
Callite
Camden
Fire
1%
2%
130'%
10
Nov
$6
•
26
19% Jan
7
Jan
Jan
Jan
39%
Jun
May
Nov
7% May
3 Va
Jan
Jan
14%
4%
14%
4%
1,400
4
—
16
15
#;Janu.?R
1%
<■/.
Apr
Jani
3%
Feb
Jan
.
••■?
\
r
Apr
Oct
6% July
3%
50
6%
~3%
8%
'. CO
Stamping
& Suburban Homes
25
July
Nov
5
Mar
130%
120
115%
Jan
136
Apr
Jan
Jan
45
35 %
Jan
42
%
Jan
1% July
9% Mar
20
13% July
~6%
7
14
1%
43'A
2,000
Cleveland
Coal
Clinchfield
Club
Colon
6%
~6%
7.
15
2
45%
.
10
Plow
5%
Gas
.
Jan
3%
Jan
3.200
10%
Jan
16%
Mar
4
Jan
3
May
4%
Jan
50
July
550
37%
Apr
&
Public
Water
% %
series B preferred..
preferred series C
Cowsnllrtated
Gas
Utilities
116
Aug
84%
Jan
99
' Oct
7%
Jan
'
9% Mar
Oct
109
Apr
102
Jan
1% May
5*
Nov
•'10% May
Jan
4%
Jan
Jan
,,14% Aug
105
64%
9
Jan
150
5%
Jan
V8
Sep
Sep
Jun
8
July
% May
Mar
26% Aug
33,900
3%
Jan
18% May
86 Va
4,850
51%
Jan
98%
Jun
8 Ve
500
4%
Jan
11%
Jun
Jan
96%
Jun
11%
11%
13
80%
7%
625
77
77
130
48
95
97
40
76
830
73
92
91
Sep
9 J
$4%
Jan
100
nr
■
17%
97%
Jan
Apr
,
Sep
92 Va
7%
200
7%
Nov
8% May
4%
Jan
6%
"
Feb
8
Jun
Jan
22
July
13
%
1
12'A
v
6%
Apr
28%
36
100
12%
12%
800
6
"3% ~3%
300
2
May"
Jan
7%
Jan
Mar
«t' 8
Mar
1% July
5'A
Apr
36%
Nov
19 Va July
July
14
3% July
11%
~5%\
4,600
~6% ~6%
2%
900
1,100
Jan
7'A July
Jan
5
3%
1
Feb
Va Jan
Apr
10% July
July
4
46
54 %
56
/
41%
Nov
55%
370
24
Jan
60
900
54%
1/64 Jan
450
Jan
14
200
%.
%
9%
10
3^a
J an
100
7%
Jan
Sep
July
1%
4
4
100
61
116
100
% May
62
117%
800
4%
Apr
Jan
27%
2%
Jan
5%
116
4%
4%
50
1.300
111
Jan
Jan
103
60%
56%
% Jan
2
Jan
Apr
11% July
%
.
Feb
3^3 ]M a r
22
26%
__
Jun
1%
4
4%
44'A
•
1
Jan
35%
1
•
1
*
100
V4
5%
400
%
n
__
1
P Bait common
July
Jan
114'% Jan
350
7
25
Co
Oct
Feb
10
81%
warrants-
:
Jun
4%
Jan
2%
Service
Service
21
Jan
80
15 >/a
15'A
.100
...
Southern
Jan
200
..
25
,
,13
96
7'
5'A
Coke Secur common..
Consol G E L
,
& Electric—
$3 preferred
Consolidated Biscuit
75
9% July
&
100
Va
__
Arms
Jun
8% July
Jan
80%
♦
Compo Shoe Machinery—
V t c extended to 1946
Conn Gas
900
2,500
7
.
ordinary..
preference
Community
%
—
£1
Fire
Patent
18%
Feb
93
—
...
Aug
'
_•
Airlines..'
112
9%
Co.:
preferred
Jan
4%
common
Co
Development
Commonwealth
Jun
2,000
Corp
Utensil
Aluminum
Columbia
25
"7% ~7%
•
•
100
Cleveland Tractor common.
6
100
.
100
5%
5
.__4 '
Mfg..—
Electric Illuminating
& Lambert
Community
%
Lights Inc
Neon
8%
5
...1
—1
Controller Co
Claude
Oct
Aug
6
200
109
11
—*
:—...♦
10
Colt's
2'A
37
...
Apr
116
2%
190
8%
109
$7 preferred—*
preferred...—
7%
50%
Jan
7
1,400
96 %
96
Colorado Fuel & Iron warrants
25
%
8%
1
*
•
Sep
400
36
200
83
Service P & L
23 % May
7% Jan
2,200
8 Va
—•
10
Nov
15% July
2%
}£
12%
3%
Nov
Jan
6%
1
preferred
*
Jan
Mar
5% Aug
15%
100
preferred B
preferred BB.
2% May
13 Va
102
10
116
v,
—1
Cities Service common
Oct
150
106%
.
8'/a
5
25
—5
4
Colonial
23%
130
;
»
<
11%
11%
Co—.——.I
Co__5
;
10
Sep
2%
217/a Mar
_
.
116
common.
preferred
Cockshutt
33
14%"
\.
U6
.*
Cherry-Burrell common..
Chesebrough Mfg
Chicago Flexible Shaft Co—
Chicago Rivet & Mach
Chief Consolidated Mining
Jan
r
—
46 %
Chamberlin Metal Weather Strip
$6
Oct
Jan
38'A
20
46%
46%
York Power 5% pfd—100
Steel Products
1
& Light 1% pfd
100
Central & South West Utilities
_50c
Childs Co
Oct
22
Co common.
A rcraft
5J/a
9%
i
„
Centrah Power
Cessna
Oct
Jan
U
•
Ohio
Central
5%
1,700
*
common...
Aug
23
J an
3
100
4
.
T%" ~1%
"l%
1
.1
1
Casco
Products
•
Castle (A M) & Co
10
Caralin Corp of America
1
Central Hudson Gas & Elec com
_•
Central Maine Power 7% preferred.100
Corp
(J W)
Carter
Oct
3 Va
140
100
preferred
$6
Carrier
6% July
Aug
.
class A
Co
Jan
22% Aug
1
—
...
60c
23%
r# p-
4
—
•
•
Carnation Co common
♦
Carolina Power & Light $7 preferred—♦
&
7%
1%
Ltd—
Products
City
1,200
;';:C
•
•
voting—
pre!erred
Carman
2,500
4%
25
Canadian Marconi
Capital
6%
4%
,
Alcohol—
Canadian Industries
7%
4%
Apr
7
Jan
1%
100
pfd
preference^—
non
5%
5%
Apr
3%
•
Jan
3%
—
Apr
1%
A Jan
A Jan
200
Ltd—
voting
Class B
Sep
9%
Jun
4% July
5% Mar
5
Assn.
Co Ltd 6V2%
Industrial
A
Class
Jun
100
Oct
Feb
2%
•
1
& Foundry
Car
Participating
July
%
Feb
1%
J an
3 Va July
10
Power
"%
%
£1
1
pfd
Corp
Insurance
Canada Cement
Canadian
6
29%
Nov
Mar
'
50o
_50c
Estate
Sugar
California
23
1,800
2
Oct
Jan
%
300
5
4%
July
6Va
Apr
100
3%
1%
3'A
4%
'
11
180
39%
Aug
Aug
1%
'
Jan
5%
Aug
Sep
5
21%
21
•
.
July
18% July
700
14
20
—.
12%c
25c
trust certificates
Cables & Wireless—
Jan
7%
1
common
33
300
13%
78
'
—
Voting
Jan
2%
„
•
*
1
Berkey & Gay Furniture
B
"l%
—
—100
Hedges common
Convertible
preferred
Jan
1% Feb
11%
.
May
12 Va May
22
25
•
rets—
1% Apr
75
30%
10
3%
•
3%
2.50
Cable Electric Products common
4%
6,500
4%
4
—
10
20
1
&
Bickfords Inc
2,100
%
.
32
& East Power—
preferred
(PA)
Clayton
1%
$1.20
Tel of Canada
Jan
Sep
Oct
12%
10% Mar
200
—
5
Biscuit
3%
3%
Basic
Bell
Jan
fe Feb
44%
50
—
...♦
Corp Am dep
Corp
Burrv
Cities
21
20
39%
1
-1
convertible preferred
Bellanca Aircraft common..
100
11%
—•
Sullivan
&
$3
Inc
Burma
City
30
$1.50
2%
700
22%
119,
Aug
7 % May
12%
1
common
preferred
preferred
$1.60
16%
200
1,400
8% 10
10
4
Inc common
Co
Charis. Corp
—
Locomotive—
\
warants for common
Beaunit Mills
Jan
11%
Central New
100
%
%.
—
Purchase
Rubber Co common.
Barium Stainless Steel
Barlow & Seelig Mfg—
Jan
Jun
.
14%
•
7
——•
preferred
Sep
2
1%
69
32
*
Co common
Buffalo Niagara
Clark
7%
22Va
1,500
11%
'1'
*
Buckeye Pipe Line
Burco
2,200
4%
4%
11%
1
—
Bruck Silk Mills Ltd
City Auto
Baldwin
3%
10
Nov
B
Baldwin
12% May
7% Mar
1%
*
1
prior preferred—
$6
Babcock & Wilcox Co
Sep
Class B
7%
5
.-25
1
Patoka Collieries—
23%
Jan
3
68
10s
class A
Power
preferred
Canadian
98
1
—*
Machine...
(BP) & Sons common
6% preferred——
89 Va
Jan
3%
3
3%
'
Jun
July
Jan
5%
3
108%
5
——1
Avery
Jan
7%
Sep
36%
Nov
4,300
12%
:
Products
11%
400
10
6% July
:
2%
Atlas Corp
Automatic
Jun
July
20 %
10%
1%
50
1
Line Co—.'—iA
Rayon Corp
17%
29% July
112
44
200
24%
45
rects reg—
Atlantic Coast
3% May
Jan
%
3,200
24%
13
334
—£1
Associated Laundries of America
*
Absociated Tel & Tel class A..
*
Atlanta Birm & Coast RR Co pfd—100
Atlantic Coast Fisheries—ii
1
American dep
1%
•
10
{>s
5
1
•
Works common
& Refining Co
Associated Breweries of Canada
Associated Electric IndustriesOil
1
80
1
10
3
2.50
Art Metal
1,000
18%
£1
£1
reg
Forman Distillers
Butler
44
Apex-Elec Mfg Co common.
——*
Appalachian Elec Pwr 4Va% pfd—.100
Arkansas Natural Gas common
.—•
Common class A non-voting
•
67c
preferred
.
-—A-.—10
Arkansas Power & Light $7 preferred.*
Equipment Corp new
Mar
42%t Aug
15%
25;.
1
Angostura-Wupperman
Ayrshire
%
v ---
._*
—*
preferred..
5
American Writing Paper common
•
Anchor Post Fence
2
Atlantic
7,100
25
$6
Asnland
1%
18
preferred
$0 series preferred
American Thread 5%
Aro
4,100
2
•
Wire common..—,.
Fence &
Class
$5
Jan
-
Corp common—•
American Superpower
Apr
47% July
1%
15%
•
*
10
2
common
45
39%
l'A
Maracaibo Co—
American Meter Co
American Potash & Chemical
American
Republics
July
Jan
36%
5%
100
100
common
Oct
3% July
% Jan
4,300
1%
25
Co
Preferred
1st
37%
38Va
25
108 A
American
American
Jan
37 Va
—
—100
preferred
Mfg
15%
33
•
common—_10c
$2 convertible preferred.
—1
$2.50 convertible preferred
1
American Hard Rubber Co
-25
American Laundry Mach
—20
American Light & Trac common
25
6%
100
1%
38'A
l'/8
General Corp
American
34
1%
10
preferred
4%%
American
Jan
.—..
~
& Hoe common
& Electric.
Fork
American
15%
—
—
American
350
33
25
Class. A—
i-—25
Class B
—1
American Cyanamid class A
10
Class B non-voting.
10
American & Foreign Power warrants—
Convertible
37
%
61
•
dep rets ord reg
Bruce
36%
100
Ltd—
Celanese
Amer
Brown
July
42
Co.
ord
rets
British Columbia
$5
Apr
1
Tobacco—
British
Brown
9
18
4%
•
Oil
dep
iJiuwn
Jan
A Jan
—
;
A
dep rects ord bearer
Am
2%
3%
100
•
common
Feb
200
9%
»
American
British
Am
Co
Nov
Va
6%
1
• "
Mfg
9%
A
6%
9%
A
28% May
200
9%
B
preferred
Brillo
Jan
100
Corp
Class
British
110% 111
1
—100
Box Board Co common
1
Central Mfg.——
-1
Book
May
9,
28% Mar
■
American Beverage common..
American
Oct
24
x33
——100
preferred
6%
110
82 Va July
Apr
Jan
6
3%
Bridgeport Oil Ccr
Preferred
Apr
23
•
*
Bridgeport Gas Light Co..—...
Oct
3%
46
50
100
1
Nov
Oct
120
9%
..
is
Nov
94
75
1
105%
Feb
27%
..
Pwr
114%
4
1103A
•
i—•
common—
2d
$5
Breeze
15% July
11% July
Jan
3 Va
72
,
■
;
..100
*
'
Hir*
6
300
10
--
—
27%'
'9%
75
—
•
common
preferred....
preferred
Brazilian Traction Lgt &
Jan
91%
"
Mfg
Aluminum
1st
...
Jan
102
—
Jun.
3% July
Jan
72
120
35%
7%
Inc.—
Corp common
Brewster Aeronautical
3%
x33
100
preferred
u'/c
preferred
Scrymser Co
8% May
V
Aluminum Co new common
Co common
(H C)
1st
7%
Borne
■«.
Low
High
10
:
Range Since January 1
Shares
of Prices
Low
*
•
—.100
25
•
for Week
Range
Last
Sale Price
& Co
Jan
5
400
7%
113'A 114
1
—
_*•. —
10
—
25
—
July
(S)
Bourjois
110
Intl Investing $3 conv pfd
Allied
9
100
Inc common
Fisher
&
5 % May
Jan
*
preferred
Allegheny Ludlum Steel—
l'/o preferred
'—A-,.
Allied
Oct
5%
6%
x2%
2%
93
Bohack
3%
—•
113'A
*
$7 preferred..
$6
Alles
2%
__3
.50
Southern
Great
Alabama
2
2
'
10
i
Electric Appliance
Air-Way
Alabama
__
„'
Blumenthal
Sep
22%
July
20
Oct
26
Feb
200
4
,
26
Sales
Week's
Friday
.
Exchange
Nov.
Par
1,500
3%
6%
7%
.2
2
.
2
preferred
,r_
3%
Curb
Ended
High
Low
—
—
„
Week
1
Range Since January
17
__
__1
5
1
50c
common
Convertible
'
__10
common
Supply Mfg class A
Aero
York
New
Hiah
Low
Par
Acme
Sales
for Week
Shares
Week's
Range
of Prices
Friday
Last
Sale Price
,
Exchange
Curb
York
New
the Curb Exchange itself, and is intended
(Nov. 26, 1943). It is compiled entirely from the daily reports of
security, whether stock or bond, in which any dealings have occurred during the current year.
Friday
ending the present
and
20
weekly range are shown
they are the only transactions of the week, and when selling outside the regular
computing the range for the year.
complete record of the
extensive list we furnish a
In the following
Nov.
YEARLY RECORD
AND
disregarded in the week's range unless
No account is taken of such sales in
deferred delivery sales are
footnote in the week in which they occurCash and
NOTICE
2177
COMMERCIAL & FINANCIAL CHRONICLE
THE
Number 4233
158
67
121
Jan
Jun
July
Jun
110%
Jun
5
Jun
Monday, November 29, 1943
CHRONICLE
THE COMMERCIAL & FINANCIAL
2178
NEW YORK CURB EXCHANGE
Sales
Range
for Week
Mining & Smelt Ltd
Consolidated Retail Stores™
8%
Consolidated
Steel
9%
3%
_10c
Co—
5%
C
»
Cuban
Lighting
Nov
Jan
8%
Jan
Gen
38%
Sep
%
3,100
VA
1,300
250
Apr
Jan
7% May
n'a
Jan
ft Al)r
20
86
Jan
79
2414
800
\
Jan
13 =
Jan
t
5%
Va
25
25%
2% May
9OV2 Jun
1,450
2%
23 Va
10%
Jan
15%
2.800
26 %
Jan
Jan
2 Va
100
■?g'
%
2,300
aa
Jan
3'/a
3 Va
3 Va
100
1 Ve
Jan
4
4
4 V4
Jan
Va
•
.2 74 Aug
_•
IZZZZ25C
700
2V4
9%
9V4
300
6% Mar
2
IZZZZZs
2
500
ii Jan
19y4 Jan
,
28
30 Va
(AC)
Preferred
1
16%
4,900
17%
ft
Oct
4 V2
July
4% Sep
9%
Oct
25 Va
Sep
IV2
Apr
15%
Apr
22%
Jun
Feb
3 Va
Apr
Sep
3
July
Mar
10
Jan
20
Oct
15
Jan
24
Nov
11%
Jan
19 Va
Jun
24 Va
Jan
34%
Nov
3%
Jan
6%
Oct
9
.
,1
5
50
100
•
Dcjay Stores,,
Dennison Mfg class A common..:
prfdr preferred,.
debenture
8%
Derby Oil & Refining Corp com'
A convertible preferred
;
preferred
Gray Iron Foundry
Detroit Mich Stove Co common
Detroit
Detroit Steel Products
Diamond Shoe
Truck
nobeckmun
Co
common
common
Industries class A
uoimnion Bridge Co Ltd
Domestic
Duro
Texas
Sulphur
Mfg
I
19 Va
Jan
Jan
Feb
4 %
%
,1%
-30
6%
18%
18%
23
4%
Jun
72
July
111
Mar
,6
Nov
Hall
31Va
Helena
Jan
1% Mar
Jan
4Va May
Jan
21V2
Sep
30% Mar
10% Mar
Sep
Jun
14
Nov
3%
Jan
7
200
Jan
11
Oct
Jan
°
21 Va
6%
Jan
674
Nov
100-
6 74
6V2 May
21%
Rubenstem
HelJer
Co
Oct
9% July
Hoe
Consolidated
Hollinger
Horrnel
Jan
76
&
600
1
Va
300
8
Jan
Jan
Jan
Co
Apr
Horn
Mar
<?»%
3
July
Hubbell
Humble
Oil
1074
174
174
7%
Jan
13 Va May
1%
1,500
U
Jan
2% May
11
31%
725
42
%
5974
1974
Jan
38'%
20
'
Jan
Jan
26
1
100
1074
Jan
22%
100
1074
Jan
40
37
39
•
31%
4%
474
4%
Apr
G
1474
50
8'/a
42
6%
1474
5 'A
Jan
Jan
84
4374
Jan
88
49
56
Jan
62
7%
774
7
900
•.
1%
874
200
674
674
27'a May
Feb
9
Jan
31
874
lb'
■•
15-
11
1 Ve
2874
2874
2974
1274 May
Jan
2274 Jan
1
17%
•
May
Jan
5%
Jun
25%
Jan
3474
Sep
Jan
18 Va
Nov
7
100
17%
174 July
35
274
200
■
— —
Nov
43
'
—50
Nov
ft
600
5
5
.974 May
10174
Jan
7,600
1
Sep
Mar
29
200
,10c
July
674
-
50
974
Jan
Feb
88
■
43
43
'
474
700
7
—4*
July
Jan
26
— —
■
Oct
32
800 '
874
1
_1
714
1
.,,1
xl5
1%
2
12'A
12
i.
1%
400
Jan
7%
4,400
Nov
Jan
13% Nov
Jan
24
-
S
Federal Compress & Warehouse Co__25
& Light
Ford Motor Co Ltd—
Florida
'Am
Power
rets ord
dep
Motor of
Ford
Fox
102% 103V2
102%
4V4
Nov
Jan
Jun
29% Nov
705 a
Oct
81 Va
225
Jan
104 % Aug
•
474.'4%
600
3% Jan
6
May
•
19 v«
Brewing Go
Distilling,'
& Malt
(Geo A) Co
$3 conv stock
convertible
.
.
81
1
common
j
Fuller
-
5 %
15%
Jan
21 Va
Jan
22
General
Mfg Co
•
preferred
Co
—100
500
." 1 % Mar
3
42
3%
600
18%
100
15
3%
18V2
18
12%
■
40
„
■
57V2
12%
40
57%
Sep
Mar
2%
Jan
11 Va Mar
4% Mar
20%
Sep
50
9
Jan
15
Mar
50
29
Jan
44
Apr
25
45
Jan
64
July
preferred series A.™
Fireproofing
see
page
46
Jan
Jan
774 Apr
11% May
Jan
11% May
9%
Jan
Jun
Jan
27% July
50
7Va
Jan
1174
Jan
21
400
20 %
Nov
2472
22% '
300
157a
Jan
32% July
'
12
Jun
16
Jan
1174
Sep
Nov
674
500
87a V 974
29%
25
Jun
34
Mar
Jan
4% Aug
3% May
——.
Feb
Apr
2774 Apr
11574 Aug
•
1474
* j.
.77%
79%
40 34
39%
40%
3%
IZZZS
Co_„—.—
23 %
4
^
Corp—,—
105
108 %
■'
Mar
225
26%
25%
25%
3%
Jan
Jan
60
2,100
3,600
3974
Nov
Mar
2074
Jun
83
Jan
Nov
5% Mar
<
■
■
600
3
6V2
6%
200
574
Oct
8'4 July
1%
1
1%
1%
300
is
Jan
2
^,'^4
4
21%
21
'
Apr
150
♦
8
Jan
221/2
Jun
2%
—*
5
.
Oct
,4074
6%
"ZZZZi
200
1
Jan
474
Jim
8%
8%
2%
87s
600
3%
Jan
9%
Jun
5
Sep
7,100
1
44 %•
700
25
Jan
45%
7%
8%
1,500
3
Jan
10
Oct
10%
11%
974
Jan
1674
Apr
4
7%
——.*
Co..
'
43a
43
4%
43
50
65J
Indiana
7 %
6 'A
Service
preferred
Insurance
Co
International
International
TVs
1 Va
Jan
48
Oct
Sep
25
1574
Jan
1% July
38% July
Feb
% Jan
200
.lVa
81%
8IV2
300
87 74
Sep
14 '4
14 >4
100
12'/a
Jan
16'/a
Jun
67B
100
274
Jan
11% May
3 T
3
300
6%
17%
17%
"
7
800
6%
18
3.900
1374
17Va
77'8
17%
7%
1%
200
I6V2
16 Va
Zd
.!('■
22%
preferred...—i—
6%
600
1 Va
7%
•
'200
.
1074 July
Jan
21% July
7%
6% / 77a"
prjeferred,—*:.
Royalty,.!
;
——1 i
Iron F'treman Mfg voti:rg> trust; ctfs—]
Irving Air Chute.,—
Italian Superpower. A——
'(•
.
•"
f-
18
"
77a
V100
%
' * •
IB
VM
100
K.
774
.v
600
.
" ;
300
''
ft Jun
24%
Nov
374
Jan
2474
Feb,
Jun
10%
1%. Jan
*"■
Feb
J an
21
7%
Jan
10%
•.
Oct
ft July
%
14 74
1.':
Nov
45 Aug
Jan
2174
:
Jun
174 May
1774 Nov
Jan.
1
July
974
Jan
32
50
447'i' 4474
:
21
Jan
•,V Jan
300
Tur
-
22%
.
374
100
-
Nov
% Mar
•
May
14% July
Jan
14
100
5
Jan
Jan
17%
6%
—
1%
8%
shs„•
•
International Products —,—
10
International Safety Kiazor B
*
International Utility class A—;-——•
Class
B
1
——•
Interstate Power $7
Oct
20%
,
6%
...
;—.—*
$3.50 prior preferred—...
—*
Interstate Home Equipment———1
Interstate Hosiery Mins
—,——*
Aug
4574
14%
Inc.™
shares—i
112
Jan
Feb
81%
serifes.
———A
Petroleuih coupon
24
6974
50
1
International Metal Inidustries A„_—*
International Minerals and Chemicals—
$1.75
20
25'
25!
25
'
43-
43
TOO
of North America,—10
Cigar Machine,,;.
*
Hydro Eieotric~Industries
10% July
Jan
91
50
—
$3.50
Preferred
International
.15% July
Jan
'
100
4.———
15% July
Jan
20
pi'efen^ed——100
preferred
Jan
9 Va
200
108
108
Industrial Finance v t c common—... 1
7%
9%
.
774 July
1674
preferred_100
Indianapolis P & L 5%%
Oct
974
"9%
'.
10
3,300
11%; 12
11%
ZZ:
———£1
———1.
Jan
5'4 Mar
July
'
;'..•.
Apr
Nov
6
July
Jan
6V2
Jan
2%
50
66
".Jail
89
Aug
10
69
Jan
97
Aug
30
!
►
Jun
1
1
2
79
Jan
1374
1
Jacobs
Jacobs
10
Jan
1% May
•
B
2181.
ZZZ*
Jan
2
50
Jan
7% Feb
X1374
9Q
Sep
Apr
(PL)
Engine Co,—I
3,
1
Co.——I—~—.—-—-E
4%
Va% pfd—100
preferred,————-100
preferred
i,—
—100.
& Kokenge Co.i———
*,
84%
Jersey Central Pwr & Lt 5
6 %
•
%
89%
98%
98 Vo
89
' 3 Va
Jun
13%
Sep
4% May
8% July
16%
116
Apr
Nov
'
.
4%z;v:
—-*•
Jeannette Glass Co—
Jan
Va Jan
100
84%
89'2
98 Va
,200
6,100
3
/27a
%
IO2V2
Jun
Jun
Oct
1974 Sep
K
July
2%
97a
1
10
Aircraft
82 "2 July
Jan
%
_____£i
Z
common
>as & Elec $6 preferred
F°r footnotes
Jan
:
_
Gen
1
'
Alloys Co
Amer
General
7% Mar
68%
*
dep rets ord reg
General Finance Corp common
5%
47a May
July
Jan
4%
31
4,000
Aug
3V2
"
ZZZZZZZlOO
common
Gen Electric Co Ltd—
6 % '
Jun
•
common
:
Jan
May
Jun
2%
».
1
_J
preferred
1%
100
Nov
6
x33 74 May
22%
22%
0
—
preferred
zinc
Ireland
7%
Gatlneau Power
Jan
20 V2
12
IZ100... .'
Inc,
Ligonier
conv
Julian
Gellman
274
Ja n
'<
-
beareri
Froedterfc Grain
400
16%
■
19%
274
'
•
'—
%
1474 July
1574 Jun
•
.,£1
reg
3
6
Investors
of France—
rets
Co
-
6%
Mar
July
Canadaf—
voting
(Peter)
Franklin
Jan
500
3
'
B
dep
5%
3%
29%
5Va
[
Class
Motor
10
900
__
$7 pre/erred,,*
A non-voting.j—
Amer
15
57 Va
5%
__
la
Class
Ford
'
2—
xl4%
10% Mar
6%
600
7%
1%
12
•
(Phila)
May
100
40%
6'%'
Refining—,——.
&
War-rants
Association
2
22%
_»
Hardarj;,—
Registered
Fire
May
6%
International
Mfg Co
50
100
378,; 3%
40%
6% v
£1
Imperial Oil (Can) coupon—
•
: Registered.
r_——
...•
Imperial Tobacco of Canada—
5
Imperial Tobacco of Great Britain 81
NoV
Va
5%
1
1
—
1
Electrographic Corp,.
—15
Elgin National Watch Co,,—
4
Emerson Electric Mfg..
,100
Empire District Electric 6% pfd
*
Empire Power participating stock.
ZZZ5
Emsco (Derrick & Equipment,
Fodders
"'Zi'-Z
Imperial Chemical Industries—
Am clep rets regis—J—
9 7a May
2
42
Engine & Airplane
Jun
Jar.
42
210
103 Va
preferred!.—
Illinois
Nov
2,900
Metallurgical
; 100
49"
••
"5
'1
40%
Illinois Power Co common—
Jun
Apr
4,700
Brewing—
Nov
5
25
,1
—
Hydro-Electric
Securities—."
Hygrade Food Products
!„
Apr
Jan
81,000
Fansteel
July'
7
Jan
Nov
•1% Aug
"ZZ:'-'".
5
M_.
Huyler's common
1st preferred —-—
July
29% July
8774
Fairchild
/48
•
♦
30
84
Falst&ff
V4
'17% Feb
Jun
12
600
1474
Jan
274
1,375
1474
•
;
6% Sep
'A May
% Jan
800
tV
23
2174
common— ZZZ5
Falrchild Aviation
Mar
Jan
21'1/2;';2iV2:
•48
Dividend arrear ctfs_.
common
474
,
July
8574
Inc
Nov
4
Baking Co..,
(Harvey)
Apr
11%
8274
Eversharp
-Sep
116
5
ZZ
10
common—
4
900
23
Pipe Line common
Apr
474 May
Mar
& Cc common,.—
(Geo A)
(AC)
.
1
;
10
107 Va
Holophane Co common
—1—_•
Inc—————c—•
& Hardart
86
Eureka
Mar
Horder's
Horn
Va
10%
10
Va
/
July
36
114
—2
—
& Co class A,
(R)
Horn
2
31
...
20
7
'
8574 July.
140
Jan
-p-.
Heyden Chemical common—i—,_2.50
Jun
100
31
preferred
Apr
Oct
9
Jan
common,—.—.—5
Hewitt Rubber
Aug
3%
5874
Inc
•
.
3.
Oct
57a
.
174
■
»'
1^.,—25
Henry Holt & Co participating A„
78
83
convertible
Jan
5%
100
r
Jan
27%
—
—
31 Va
2
2
'
10
preferred———
•
preferred
—
Electric Power & Light 2d pfd A—'ZZZ*
$3
7%
i
.
*.
—
common
Preferred
Jan
$6
Esquite
12774 -.Mar.
•'
■600
,
4% Aug
56
July
3174
Jan
Jan
67% Mar
■83%;'-. ■*.'! 125,-
116' >116
Mining Co,—————_25o
Jan
66
3%
—
,
Equity1 Corp cominon..
'
Feb
374
,
% May
Oct
3374
102%
Stores common,—.
5
convertible preferred——50
6%
56%
zzz*
warrants
200
1
•
T
Mar
'•'■
Jan
22%
150
'
4Va'
.
:. c7 %
Hearn Dept
24
$5
Option
108
July
....
Apr
July
Jun
9
1,050
14
5%
5
5
•
Bond & Share
Jan
May
1274 Jun
Jan
Jan
32
Corp
Hema
2
11 Va
$7
Electric
5%
96.
70
200
1
Va
f
of America B non-vot com,, 1
Hazeltine
Apr
5%
"Z
5774
preferred v t c
Easy Washing Machine B
Economy Grocery Stores
400
V.
19 Va
Hat Corp
19 Va
Mar
10% Mar
5874
$5
t 31
.
7%
Ltd.—t——
Hammermill Paper—10
Hartford Electric Light,——
25
Hartford Rayon voting trust ctfs—1
Harvard Brewing Co..i
——1
Jun
22
—25
Malleable Iron,
40
.5
Co
Bridge
Hamilton
Apr
14 Va
250
States Corp
preferred series A„
$6 preferred series B
Eastern Sugar Associates—
1
Jan
j9.
Co—..,—i
Lamp
79%
2
20
,100
Eastern
:v.4%
82 Va
Paper,,——29
GreehfkjldvTap & Die_i„
Grocery Stores Products common,,25c
Gulf States Utilities $5.50. pfd™
•
$6 preferred—,—r;—,n;
# ■
Gypsum Lime & Alabastinej—
•>'
13
%
200
Z100
Eastern
2674
3%' Jan
Northern
Great
Jan
700
23
•
prior preferred
preferred.——
aPa
?
■
:. A 30
30
:■
-
common! stock™——*;' >.
preferred,,———100
1st
Jan
300
3 Va
—10
%
13
Nov
18%
25
.
;
Sep
Jan
...
.
Oct
10 %
•
.—10
•Non-voting
Jan
18
200
19 Va
%
3
,
common
52 y2
Apr
27
•
Lead
11%
Jan
31
New common.——
Plcher
Jan
Feb
45
1274
-
f
,
Sep
.
Hussmann
Gas & Fuel Assoc
Nov
174
common,——
Hummel-Ross .Fibre
East
8/
• 102
;
Ve
;
Eagle
100
9
1
20
•
.1
•
common
Corp common,,,,
Test
Duval
class B
Hosiery
Durham
7%
99
Ra;pids Varnish—,—1
Gray Mfg Co..
;
5,/
Great Atlantic & Pacific Tea—
■
■
».. :
1%
80
—10
——•
—
Duke Power Co
Sep
Jan
%
6,300
36%
102
———i-.*'
preferred.,,
62 Va
1,100
•
Harris Co
Driver
:
5%
75%
•
25
Corp
Diaper
112
class A—,-:
Grand
X8%
5%
*
com
& Coal B..__
Dominion Steel
1%
100
74%
5%
*
1
—1
common
Ivs
50
—10
i—
Divco-Twin
500
Vi.
110
10
preferred
7%
3 Va
J
1
—10
Co common
De Vilbiss
ZZ
•
Detroit Gasket &. Mfg,,
6%
8%
800
19%
15
15
15
Jan
>10
52%
.,36 Va
•
Nov
100
H
18%
Va
35
Class A convertible
$6
18
8
•
,__1
.
43%
50
'
15%
:
$3
8%
Jan
11
D
Darby Petroleum , common
Davenport Hosiery Mills,
Dayton Rubber Mfg—
'
15
15
.
preferred™—,———^—.—*.1
Goldfield Consolidated' Mines™—.—1
Goodman Mfg Co—™———.—-50
Gorliam
July
Jan
47a
$7
Gorliam Inc
76
Jan.
37a
31
4%
Godchaux-Sugars class A__
274 May
5274
100
,
——•
Nov
May
125
89
52%
Aug
2
% May
Va Jan
80
*,
8%
43
llOVa 111
Co————,*
Coal—
75
8V2
427a
82
74%
300
1%
73'A
73%
———*
—1.,..
High
Jan
Jan
Mar
1%
IZZZ2Z50
8
Alden
Glen
2% Aug
Feb
common
common—
Co
Gladding McBean &
Sep
10% July
Feb
V* Jan
1%
Inc common,
(Mo),,.,
July
6
+5
—
May
26 Va July
9
■VA
Jun
11
700
ZZio
ZZ
3 Va
y
—•
_•
—-—*
—1•
preferred
—
Georgia Power $6 preferred,.
$5 preferred
Gilbert
Low
61
30
Water Gas & Electric
Gilchrist
Range Sijpce January 1
pfd
preferred——•
common—1
convertible
$6
,
15% Mar
41
2
Sugar
Tobacco
Curtis
Curtis Mfg Co
13
9
36%
ZZZZZZZi
preferred—
convertible
Atlantic
Mar
100
85
23%
receipts (ord reg)—£1
Crystal Oil Refining common.
$6
preferred
;—,
Cuban
Nov
15 Va
1,200
VA
86,
IIIZIIso
Drug Co common
nci
101 %
/,
Cork International A—
Crown
Jan
13
2%
Crowley Milner & Co—L
Crown Cent Petrol
(Md)
Crown
76
x8% Nov
12%
1%
~
Co
Brewing
Croft
120
800
9%
Apr
Liquidating Co
W
Sep
1/4
Petroleum,
Creole
Oct
4V2
4%
Petroleum common:—
convertible preferred—
American dep
10%
38%
_
Courtaulds Ltd—
Jan
12
—50
_
& Reynolds
preferred A
Cosden
2% May
Jan
13
/Oil
$6
Nov
1VB
3,100
101
x8%
X874
1
12
Cooper-Bessemer common
$3 prior preference!
Copper Range Co
Cornucopia Gold Mines
Con
7% July
112
5%
800
4
100
100
.100
preferred
Continental Roll & Steel
Cook Paint & Varnish Co—.
Inc
Jan
Jan
Shares
High
Low
.,100
General Public Service $6 preferred—•
General Rayon Co A stock
*
General Shareholdings Corp com
1
Outdoor Adv 6%
General
$3
prior
Corox
Va
3% Aug
200
9%
3%
Corp
Continental Gas & Electric Co
T/o
"1%
"1%
10
Oil—
Royalty
Consolidated
Textile
3
Mar
41
Sales
for Week
Range
of Prices
Par
High
Jan
107
100
preferred,.,
Consol
31
100
6
6
1
125
33%
33%
5
Consolidated
LOW
26
Nov.
Ended
Week's
Friday
Last
Sale Price
Exchange
Curb
York
Week
Range Since January 1
High
Low
Par
New
Shares
of Prices
Sale Price
26
Nov.
Ended
Week
Week's
Last
Exchange
Curb
STOCKS
Friday
STOCKS
York
New
Kansas Gas &
Elec 7%
preferred
100
5
A—____—i—*■
Key Co common
*
Kings Co Lighting 77* pfd B.
100
5% preferred D
100
Kingston
Products
1
Kirby Petroleum
1
Kennedys
Inc
l
Ken-Rad Tube & Lamp
9Va
87a
—
..61
49
274,
45/s
120
120
120
;
.
,854
.
;
&'%.", 974,
.874
—
53,
! 43
,
.-274
37a
62.
49
2%
474
123
May
10
115%
Jan
600
6%
Jan
974
Oct
500
5%
Jan
1474
Apr
5
80
%
45
60
32
300
4,400
1%
Sop
1
574 Sep
July
62
Nov
Jan
49
Nov
Jan
4
Jun
574 July
Volume
158
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4233
York
Week
Curb
Last
Exchange
Nov.
Ended
Low
Par
Ktrkland Lake G
Klein
(D
Emil)
Kleinert
Knott
Co
LOW
High
Jan
Sep
Navarro
Apr
16
Oct
97b
Apr
12
Oct
Nebraska Power 7%
Nehl Corp 1st pfd
common
47b
60
102'/a 104
97a July
Feb
Jan
69
lOg'/a
100
preferred
Jan
10
92
July
*
Inc
Stores
10
104%
Kress
(S H)
Kreuger
:
Co—
•
8%
8%,
8 74
4 7b
1,100,
Jan
237b
1117a
—
6%
Sep
England Power Associates
preferred
$2
Haven
Clock
Jersey Zinc
La
——1
5
.:—_100
key Foundry & Machine
Lamson Corp of Delaware—:
Lane Bryant 77r preferred
Wells Co
Lane
Jan
39 V\
Jun
New Process Co common
127e
1,900
8V2
Jan
14%
Apr
N
Y
Auction
ITa Nov
4%
Apr
N
Y
& Honduras
27a
2%
Nov
100
6
Mar
N
Y
Feb
1,200
~ 9%
,
105
Nov
N
Y
100
"9%
Jan
11%
19 V2 May
21-".
Jun
N
Clas3
2%
*
B
—.1
preferred—
*
Lehigh Coal & Navigation,,
*
Leonard Oil Development.——,..—25
Le Tourneau (R Gj Inc
:——__1
i % Mar
Material Co—
13
"
,
8%._ 874
1%
2,300
53 7a
650
52
49 7a
.
51
6%
50 M»
7
6%
;
25
Y
Power &
$6
N
Y
Founders
shares
Class
Nov
13
Nov
Jan
2474
Jan
Oct
18%
Oct
Niles-Bement-Pond
16%
Jun
40
preferred
2d
preferred
A
1% :
9%
Jan
2%
Jan
55
Jan
103
,52Va
■
6/a
Class B
.1
Class
A
Li
Oct
140
——_L—_.i*
G%%
A
Jun
.3%
'
2/
8%
210
Jan
12j5
Jun'
xlSOVa' Sep
Jan
12%
1,600
Apr
4% May
13% May
IV* Jan
45
■
Jan
5%
•'
••
4%
500
10
Jun
j
Apr
A. Jaii
West
L——
400
:• %
5v-.; ■■
150
.
%
,
.1,900 %
77%
17s
Midwest
Piping
17a
17a
8%
9
23%
———_•
Mining
Va
6%
.
.
Apr
8%
Jan
1
Sep
2
Jan
|4% Jan
5,400
Jun
9%
Oct
9%
.w
16% Jan
50
400
Feb
21
lsa
3 V2
Nov
35Va
200
1%
Jan
272
500
24 ?a
1 Va
7%
7%
"
16
■
6%
Jan
8%
4
Jan
50
16
'
1%
1 Va
July
19
Apr
Jan
Jun
Mar
2% July
51
100
52.-
V
;
1
250
:-;iVa
4(9
Nov
5914 Mar
Jun
97% Aug
pfd——100
27b
Apr
100%
Jan
112
(5Va Jan
•
Sep
79/
•'
15
.r
ll
TO 7a
Jan
1374
4,500
-
4%
Jan
13
»14%
14%
15%
2,250
2%
2% "
3 7b
1,700
7/8
Nov
—
*-2'
■'■J
—
167' V
■"■.•■■;
167
'.'.i
1 169%.
15%
"29
_*
Moody Investors partic pfd
Mtge Bank of Col Am shs_—
Mountain City Copper common—5c
■.
'
.
1574
■
2174 May
Jan
Power
50
.
29
•
:
4
1%
1%
$6
11
,•
,11 Va
6V4
•ll<-
98
Sep
28%
100
2274
Jan
34
July
"%
800
North American
Class
B
Rayon class A;
7%
National
Steel
Central
Texas
7
i.:
Light $6 pfd
a
l%
1.1
100
di%
117b
Ohio
Brass
Ohio
Edison
11 Va
^
100
100 V4 10074
20
8%v9V4
974
600
10 %
10 Va
400
*.
17 Va
_30c
2181.
Jan
104
Aug
112
Corp
Nov
112
10
102 7V
Mar
6
1,000
47s
16%
Jan
5%
22
22%
22%
800
class
Co
Ohio
4
B
common.—.*
$6 preferred—.
_•
3%
1,200
874 May
277a May
Jan
preferred
Public Service 7%
Jan
106
1067'4
Jan
1157a Jun
107
Jan
118
Oct
103 74 Mar
112
July '
112
112
113
190
V—
116
116
10
—5
5%
574
$572 conv prior preferred
1872
18
19
50
547V
5372
547a
1
....
17%
18
12
127/a
400
"374 ~374
700
500
16% Aug
19%
90
110
Feb
117
May
:
67a
6%
6%
774
7
Jun
8
Feb
3%
Jan
8
7
Jun
200
'
300
Pacific
Can
Co
•73% Jan
•
common
Public
Pacific
$1.30
1st
1st pfd—
77a Jun
8%
Service
400
31
Jan
36% July
32%
200
2874
Jan
3374 July
10774
170
10274
107
98
100
4%
Jan
110
Oct
73
Jan
99
Nov
i
10
98
4%
Jan
3%
.*
•
15%
Feb
1974 Aug
10
72%
Jan
86
8
17,100
3%
Jan
9%
>6
83
83
77a
Motors Corp
Parker Pen Co
7j/2
10
Parkersburg Rig & Reel
Patchogue Plymouth Mills..
Peninsular Telephone common
8% Sep
83
Sep
6%
14
Jan
1
247a
1
1774
•
35
167a
100
257a
1774
35
34 7a
19% July
28
Jan
37
28%
Jan
36
Oct
307a
Nov
32%
Apr
372
30
A
400
25
1
~47a
4%
Pennsylvania Edison Co $5 series pfd.*
series preferred.
Jan
5%
Sep
7,700
63 7a
68
250
41
.♦
A com—..
*4%
41
25
44
Penn
$6
Power &
Light $7 preferred
•
102 7a 103%
103
preferred
Salt Mfg
•
98
Penn
Co—
50
159
Penn
Sugar Prop common.—.
Jan
68
Nov
Jan
41
Nov
Jun
76
210
20
98 7a
174
»
Co
Jan
74%
20
161
105
2%
617a
,
6172
51 Vo
500
62
common
Phila Electric Power 5%
~2%
Mar
Phillips
Packing
6%
Apr
Phoenix
Securities
104
,100
Sep
,173
July
%
Jun'
3
Pierce
132 Va
Nov
Pioneer
15 V*
Jun
Pitney-Bowes Postage
Pitts Bess & L E RR
Apr
69% Mar
Governor
Gold
.1574
2
A Jan
...
tfavYj'
Feb
V
-
Jan
j2% Mar
28%
Nov
35
Noy
40
137s
•
Sep"
Jun
Sep
Plate
Sep
4
Jan
774
Oct
i 5
Jan
9% July
Feb
4 Va
Jan
87% Jan
3%
Jan
July
12
Apr
]6% Jan
102
974
13
12 74
Sep
July
Nov
May
Nov
07a
Jan
Jan
8V4
11
Jan
13%
Apr
Nov
2%
Feb
% Jan
4%
Apr
17b
21
9%
1%
1%
4,400
7
■
May
Apr
Jun
July
Jan
1374 Jun
2%
17a
3an
6
Jan
38
100
.
9 7a
30
87b
.100
7
118
July
34
8% Jan
'
Jan
427b
,
'
Sep
7% Jun
Jun
Glass
common
56 7b
58 74
250
47%
Jan
6572 July
10
10 Va
10%
700
107a
Jan
14%
92%
93
600
84%
Jan
98
27a
Jan
4%
Jun
Jan
14%
Nov
25
92%
l
•
7.50
14
14
8 7b
100
2,800
25c
"l%
"2
5
common
1%
10%
107a
10%
/e
3,800
3%
Feb
500
'*"*"4%
Jab
Sep
7t
Nov
10%
Nov
2
Jan
Jun
Oct
15
12% Mar
10
i.
Mining Co..
Sugar
2,200
50
;
common.-—
Scale
Sep
3474
100
23 7a
9%
•
Valley Wine Co..
Inc
6 74
21%
.50
Pittsburgh & Lake Erie..
July
Jan
;
'
*
*
"*
Alexander
5
7
Apr
Power Corp of Canada
*
'572
Jan
x9
Jun
Pratt & Lambert
•
19
Jan
3074 July
Va - Jan
lfo Sep
Powdrell
&
Co
Gold Mining
Prentice-Hall Inc common
Premier
6%
67a.,
"is
lit
4,500
5%
1
5%
200
"7 74
200
•
:
Jan
34
—
43
Aug
1
Aug
54
4%
1
Meter
Metallurgical.
674
22
•
Ltd
Pittsburgh
18 Va
,
Mines
Pittsburgh
Jan
I
common..
July
125
317a
*
1
Jun
69.:
Jan
Jan
2172
25
;
common
Aug
147a Mar
pfd
Co
Sep
Jan
% Mar
..100
Apr
Jan
150
50
—2.50
-
Power Co
Mfg
Aug
74
,
331/4 July
Apr
.
27%
•
500
20
Oct
Apr
'
19 Yb
Jan
July
267a Nov
9% Jan
800
35
34 7a
•
Pennroad Corp common
$2.80
Sep
35
32%
•
preferred
preferred
14%
34%
25
Page-Hersey Tubes common
Pantepcc Oil of Venezuela Am shs
$1.40
Jan
25
8%
Mar
Oct
Apr
5574 July
Jan
8%
7
.
.
157a
48
•
May
Jun
Nov
Nov
•
_1
Securities
5%
2274 May
300
Philadelphia Co
1(0% Nov
.
;! 574
1,900
115 \\ 11574
•
Oliver United Filters B
300
5%
15
common
...
Omar Inc
Overseas
Jan
91
/
100
Oklahoma Natural Gas
;
Jan
17%
170
20
100
1st preferred
Oilstocks Ltd common
preferred
2%
150
20
__
ICO
1st pfd
6 cIo
$3
3%
104 74 104%
—
104%
1,400
10% Nov
!
page
Jun
82
60
674
MVt2
4,500
47b
*"*
see
6
112
.100
Ohio Power 4%%
Pressed
Metals
of
1
America..
6%
7%
^ Jan
72 May
4
Mar
87a July
7
Jun
8% Mar
104
Apr
107
109
Apr
114% Aug
1
_♦
Gas
of
.
774
"7
74
•
__
,
;
Colorado—
1st preferred
1st preferred
Puget Sound Power & Light—
10
Common
$5 prior preferred
Puget Sound Pulp & Timber
Pyle-National Co
Pyrene
7% July
100
Corp of Nevada
Prosperity Co class B
Public Service
;3% Jan
100
Producers
Providence
•
footnotes
Feb
103
6 7s
!
50
7.4%
12
For
Mar
1% Apr
102
67b
10
1,200
47a
12.50
Mines
102
1
10%
" 6,100
V^ -50 Va
117b
J*
common———*
*
Radio
July
53
„50
pfd. .100
Pharis Tire & Rubber
18
11%
50
.
Machinery
&
6%
Sep
2374
600
-
...10
Union
34
Feb
4
♦
1K)%
350
.14
-T'/a
,
11%
National Sugar Refining
National Tea 572 % preferred—
National
Jan
Feb
74
::5
Oil
Ogden Corp common..
Potrero
National Transit
National Tunnel
Jun
% May
23 7a
%
Perfect Circle Co
16 V4
•
Ltd.
4%
O
Plough
14
lVa'.
■
Car
Jan
5174
—50
Utility Securities..
preferred
Pleasani
-
*
&
37i
1
.*
common
prior preferred
American
28%
*
Jun
35
Stores common:——
Rubber
Apr
974 July
1% May
Jan
180
25
National Fuel Gas
National
Oct
12%
■
Jan
Apr
25
Candy Co
National Refining
104%
Jan
aa
Traffic CcL——
;7Jan
City Lines common—J— 50c
convertible preferred..
!
.50
National Power
Jan
52 74
700
90
Water &
——1*
—
National Mfg &
6 7a May
250
1,
Pepperell
1
National
$3
Feb
3 A May
Jan
74
500
91
Penn
lipVa Jan
p
Jan
"1.
Hess common——.1
National
V*
fir Sep
3
91%
J1V2 Jan
.
—i——1*
preferred
83% July
76% July
Jun
M
Jan
1,000
Penn
: •
Corp
7 '"c
Sep
4%
Polaris
National Bellas
National Breweries common
8% May
% Jnn
Jan
42
1/128
91
Nov
'
•
j
8%
•
58% May
3% Jun
"l%
Pneumatic
•
2,900
1% May
N
Nachman
10%
8
^oy8 Jan
1,700
—*
—.2 7a
Muskogee Co common
—
■*
6%
preferred————-100
Corp—
10
10%
111%
474
54%; Jan
V.-.
1%
common—i—*•
Murray Ohio Mfg Co——
Muskegon Piston Ring
Springfilled
Name changed to
400
Jan
lo'A Nov
'
:'
75
Mountain States Tel & Tel.———100
Nachman
574
Jan
54
130
Jun
163
60
1.10
Producers——
States
5
1%
2,425
1% Mar
10
...
Nov
July
'•"i
Mountain
2,800
Jan
19,400
5%
.1
A—
*
.Mountain
1/64
'
2%
Jan
Aug
8V4 July
■8
*
Montgomery Ward A—
67
1/64
May
Nov
36%
"l%
'
9
.1
Utilities—
66
J
Apr
90
•17a.
Va '
51
Missouri Public Service common—
Dakota
77
Pacific Lighting $5 preferred
•
Pacific Power & Light 1% pfd—.100
%
Mississippi River Power 6% pfd—.100
Montana
2 7k
75%
23
1274
102'%
iV
Penn Gas & Elec class
Monroe Loan Society
220
July
4 74
6% July
x?3%
——.1
& Mfg
Light 7 %
300
57
Nov
105
~1%
Pacific Gas & Elec 6%
5 %7f
1st preferred
% Jan
1,800
19 7a
23 Va
17a
7%:
Mining Corp of Canada
Minnesota Pwr &
12%
55
.113
Feb
40
*
•
Mid-West Refineries—
Minnesota
121/4
57
Jan
7a
1
!
*
Paramount
19
*
Supply
&
24% May
13% July
1117a July
% Mar
Mar
———10
Co
95
1
1% May
7% Mar
5%
9
Abrasive....—:—...50
Oil
102
100
—•
|4% Mar
6%
1
$2 non-cum dividend shares—:
Midwest
20
30
500.
...
Mines..
Electric
Jun
Midland Steel Products—
Mid-West
112%
5
Nov
;
200
$2 conv preferred—*
Midvale Co common
Jan
,3% July
Sep
:
j4% Jan
100
5%
5%
common————5
Corp
•;■■'•
...a—1
Corp—F__;
Midland Oil Corp
■
10"
2%
.
Jan
:%
10
Middle States Petroleum class A vtc.l
Middle
0
•
,
5
Michigan Steel Tube——-—2.50
Michigan Sugar Co__——.
—_-*
Apr'
1% May
.■1127a -Nov
Mar
28
108
Oct
8%
.
"Jan
LjjtLVa
•
i——
Jan
d
1,300
■AVi'y//.T%';%i%
52
| % Jan
-9i83/4'Jan
.50
V'
Jan
i ,
5*
500
:%
10Q
1
31
150
,
—25c
Class B vtc—
1074 Mar
!
Novadel-Agene
672 May
;■
8
%
——100
Textile Corp
Micromatic Hone
18
100
Aug
500
44%
Participating preferred
——15
Metropolitan Edison $G preferred•
Michigan Bumper Corp
——.1
Preferred——
200
11%
103
Northern States Power class A— ,.25
24
200
5%
Messabi Iron Co.—l——-1
Metal
2174
112
2%
Sep
Jan
9%
.._—_—■
preferred
21%
4% May
8 7a May
Jun
2V2
140>; 145
•
••'37b
3%
•
.
Si Scott—,
——I—.
Jan
102
Mar
9
■■■
common—,—illi_l*
Chapman
Warrants
2%
102
Jun
'
Mcrrltt
7
1174
217b
North Amer
4
2V2
9 Vs
Memphis^Natural Gas common..——5
Mercantile Stores
Feb
6%
225
Feb
5
Noma
35
47/a Jan
•
—L*
Co
July
31
2%
Light & Power common._l
preferred
...—•
Nipissing
Jan
iY Jan
500
Dredging
&
6%
*90
IV* Jan
McCord Radiator & Mfg B_i—
Mead Johnson
4
Jan
76%
common
preferred
Apr
Jan
ll
C—
Massey Harris common—Li:
2%
r
Jan
2f
t
I
McWilliams
•
Jan
100
3%
Margay Oil Corp—
Mnrion Steam Shovel———_—
t
68% Mar
Jan
28
1/64
optional warrants
Apr
Aug
29% May
Jan
5f7
3%
v
Nov
174
2,300
Com-
Marine
Mass Utilities Association
547a
warrants
Niagara Share class B
Aug
110
Jan
18 Va-- Jan
1,300
•
Co-
1,900
2%
Jun
9Vb July
Jan
5 Va
,-2%
lVa
Ltd
Co
56
2%
,100
optional
North Penn RR Co
Sugar optional warrants—.—
Stores—.—
——1
$5 convertible preferred—
;—i—*
Manischewltz (The B) Co——
•
International
54%
2%
.100
....
Nor Indiana Public Service
Consolidated Mfg
55 %
pfd.100
Nineteen Hundred Corp B
M
munication
21%
..10
1st
Northern
Mapes
Jan
.100
6%
Marconi
Jan
1374
.
2V2 May
Jun
4%
200
6 7a
.1
Jun
Oct
Oct
9
■400
1874
•
12%
ft
Mangel
110 74
6%
18
Light 1% preferred—100
N Y state Electric & Gas $5.10
North
Manati
,
67a
10
preferred—
Jan
7>/a
2:1 Va Jan
400
Jan
87%' Jan
Shipbuilding Corp—
5%
5%
Jan
,2t)
2.6;
110
Nov
572 May
53% July
18
Sep
Jan
'
32% July
1,150
4,900
,
108 V* 109 74
pfd——•
——5
common
Oct
.
2,400
1 7a
.
17b,
52 74
100
6% preferred class B—..
,1—100
Louisiana Land & Exploration—.1
preferred class A__:
Jan
25%
Jun
7
18 7»
.10
—
1(7%
i %
—;—5
Louisiana Power & Light $6
Rosario.L
12
—_*
A
Nov
V
1,100
107
6
11% May
Jan
9%
106
106
6%
Merchandise
% Jan
300
3,355
Jan
Nov
1%
»
common
24% Jan
100
107a
12
12
26
107a
Corp new common.—-10
Long Island Lighting common—-—*.
Corp
1,600
.
26
Lone Star Gas
Lynch
Va
Co
9% May
% May
4 V4
A
.——*
Class
Locke Steel Chain;
7%
5,500
.%
.
—5
common
Groceterias
',"j8%
4774
•
18 ta
%.
Corp
.—10
Lipton (Thos J) Inc <6% preferred—25
Lit Brothers
87a
3%
....
12% Jan
8%
Lionel
Loblaw
2
22
200
1%
,
Convertible
Line
5V4 Mar
Feb
12Vo. Feb
1%
Lefcourt Realty common—
:
Jun
6%
Langendorf United Bakeries class A—*
,7
200
1
City Omnibus warrants
~pk
,-1
common——
500
Nov
.25
...
Land
20 Va
200
100
77V
7
Oct
Sep
"
,_1
•
320
2
86
•
Co
33 %
2
86
20
5
46 7a
100
Ino common.
.11%
11 Vo
:—.—1
Ltd
Nov
86
26%
♦
New Mexico & Arizona
Lake Shore Mines
114
•
32
.100
J)
L
England Tel & Tel.
New
(N
Feb
*
100
High
Jan
104%
7
...
;
preferred
New
New
Low
12%
30
67«
•
•
New Idea
RR
86
5
Corp
Range Since January 1
300
24
111% 1117a
*•
Nestle Le Mur Co class A
I
Lackawanna
237b
Shares
Hiah
5
—
Neptune Meter class A
14% May
8% Nov
12 74 Mar
—10
1
special preferred
Brewing
85
•
(Herman)
for Week
of Prices
Low
preferred.—100
Oct
New
1st preferred——100
convertible
Co
Feb
Kresge Dept Stores—
4 7<>
Nelson
Oil
Sales
Range
Last
Sale Price
26
Par
Va
%
Week's
Friday
Exchange
Nov.
High
13 7a
Corp common—-———1
Koppers Co 6%
Curb
Ended
1
.
(I B) Rubber Co
Kobacker
York
Week
Range Since January 1
Shares
•
—.-10
Ltd
Co
STOCKS
New
for Week
Range
of Prices
Sale Price
26
Sales
Week's
Friday
STOCKS.
New
2179
common
Manufacturing
—
•
9%
93
9%
1074
92%
94 7!b
7,400
325
Nov
Nov
12%
120
Sep
Aug
13%
874
8 74
^00
Apr
15
—•
5
10
8%
92%
Sep
Jun
97a May
*
THE COMMERCIAL & FINANCIAL CHRONICLE
2180
Monday, November 29, 1943
NEW YORK CURB EXCHANGE
STOCKS
York
New
Curb
Ended
Week
Week's
Friday
Low
Par
STOCKS
Shares
Range Since January 1
New
for Week
Range
Last
86
Sales
of Prices
Sale Price
Exchange
Nov.
York
Week
Low
High
Curb
Ended
Friday
Week's
Last
Exchange
Nov.
Sales
Range
Sale Price
26
for Week
of Prices
Shares
Range Since January 1
1
High
V
.
Stlnnes
•;,<
"
fHugot
Corp
:
Low
Par
%
8
—..
High,
%
Low
'I
%
300
%
Stokely Foods Inc common.——50c
stroocK
•
Quaker Oats comfhon.
6%
"100
preferred—.—.
Quebec
220
152
100
150
70
Jan
92
Feb
156
July
13
Run
Feb
13
(S)
Sullivan
Mar
146
July
*
Co.—
Power
81
78
Co
*
•
,
Machinery
Ray
Swan
Finch
Oil
16%
16%
class B
Sep
Sep
213/4
Jun
Jan
20Va
Jun
77/a
Jan
13%
Oct
Jan
43
52%
Oct
*
12% Mar
15
8% Mar
com
Corp
11%
Jan
13 %
400
__50
preferred
conv
ouperior Port cement
1% July
123/b
16%
1
Drug Co
Sunray Oil 5%%
High
Jan
11%
15
Sep
:0% July
R
Lignt Securities
&
Haiiway
1%
12
Raymond Concrete Pile common—-—*
$3 convertible preferred———
*
15
Packing Co. common-.——
V4
Jan
14%
15
300
500
2%
2,000
*
22 %
22%
22%
100
2%
3%
3,000
2%
21%
10
13
Aeronautical Co
——1
Consolidated Petroleum.
...•
& Haynes common
1
900
11%
n
11%
common
3
3
4%
500
12
2%
5% July
"
68%
70
550
49
17%
17%
125
19
•
Jan
8
1,300
3
Nov
5%
1,100
3%
Jan
100
6
Jan
2V4 May
3Va
3%
5%
5%
1%
Nov
6%
6%
IS
Jan
4%
Jan
400
Va
43
3%
200
Name
Apr
8%
Jan
2%
Jan
Oct
July
62
Sep
Jun
July
2%
Feb
Jan
1%
58
58 %
57
470
Nov
3
Jan
67
Jun
Va Nov
53
5%
May
.100
102
Mar
109
.100
107
Mar
116
...1
1
3%
3%
..10
16%
16%
16%
a/.
ta
1,600
17,800
'<•;
Oct
1
A Jan
1%'"Jan
6% Jan
900
34
4%
.
Jun
llVa Aug
Feb
4 Va
V
Nov'-
18
Oct
Jan
1 % July
8Va July
32
Corp—
changed
to
convertible
7%
1
—
...1
■———.
——
Tung-Sol Lamp Works
80c
7<>-
22 Va
7Vi Julv.
Chatillon
Class A
114%
Jan
300
1
-
15 Va July
Mar
3V4
•
Tubize Rayon Corp common.—...
V"
'
102
Inc
Tubize
6Vt Mar
1%
3%
6%
warrants—
Trunz
5%-Mar
8
300
Jun
26% July
6%
del reg.
recs
Tri-Contlnental
20
6%
5%
.
Jan
17 Va
•
...—
Oct
114%
6%
•
Exports
Corp_i——————
Transwestern Oil Co
Apr
3 %
400
7%
Ryerson
71
22
114
6%
1
1
Trans Lux
18% July
Feb
Feb
Va
173/4 Mar
Trust Co Ltd—
ord regis
rets
Shipyards Corp..
Toledo Edison 6% preferred
7% preferred——
Tonopah Mining of Nevada
Mar
4
dep
3% Mat
600
2,000
2
Todd
Nov
Jan
Jan
dep
Amer
Apr
Jan
2%
Product
Amer
114
1,300
123%
5
common
Roofing Inc
Tobacco
Apr
.
Co
4%
22%
11%
ii%
100
pfd
& Land Co
Tobacco Security
Nov
17
Po\ver & Light 7%
Shovel
Tishman Realty & Construction..
& Allied Stocks.
Nov
108
Jan
16
Tilo
common
Tobacco
July
Va
Jan
7%
100
4%
1%
-
Jan
Jan
aa
91% Jan
*
...——5
Roosevelt Field Inc
———5
Root Petroleum Co—
1
$1.20 convertible preferred———20
Royal
Typewriter—
—•
Royalite Oil Co Ltd
—'
Russeks Fifth Ave—.—
——2%
Corp
1%
:'
4%
Nov
8
1,000
Texas
July
4%
22
*
Texon Oil
Apr
5% May
10% Sep
4%
1
common
•
Thew
13%
Jan
5
200
%
105% 105%
100
pfd D
2%
%
29 Va
Jan
10% Jan
2% Nov-.
1,000
2%
Mar
14% July
3% Oct
Jan
Va Jan
7
2%
Taggart Corp
Technicolor Inc
Mar
51
% Nov
46
10%
Pendleton Inc
Cable
Jun
19
13% Jan
Dry
Roeser &
2 Va
14% July
% Mar
Tampa Electric Co common
2%
—
Rochester Gas & Elec 6%
Ryan
700
"9%
Goods-—.
*
Richfield Oil Corp. warrants
Ricnmond
Radiator——————1
Rio Grande Valley Gas Co v t c——-1
Ryan
Iff
Aviation——.—————1
Stix
Rome
Jan
& Engineering——5
Electric
Republic
Rice
7%
2%
Co
Roller Bit
Reliance
%
common—50c
———1
Manufacturing
Red Bank Oil Co
Reed
Jan
200
A
—10
.-1
10
Raytheon
S»
12%
;
Voting common—..
ti
Railway & Utility Investment A
Rath
11,700
12%
1
Radlo-Keith-Orpheum option warrants.
8%
61%
1
,
4'%
550
Jan
10
Apr
Jan
39
73
Oct
4%
700
13/4
Jan
10%
10%
preferred
1,500
63
100
63/4
Jan
4
4%
5% Mav
11%
Oct
u
St
Lawrence Corp Ltd
Class
1%
Regis
Mills.
Co.
Schiff
Co
common—
(D A)
Schulte
1%
%
Steel
Co
Investment
Union
Aircraft
Jan
3%'July
United
16% July
100
12 %
Jan
%
Jan
2
Oct
United
& participating pfd..
Clgar-Whelan Stores
..
2,050
"22%
Jan
54
Sep
United
Corp
July
S3
Selby
Shoe
Co
Industries
Selected
Inc
Convertible stock—
27%
900
25 Va
Jan
32
United Elastic Corp
50
17%
Jan
29%
Nov
United Gas Corp common
59%
60%
120
44
Apr
62
Oct
7 Va
Jan
16 Va
preferred non-voting
warrants
United light & Power common A
2%
2%
800
1
Jan
1st
*
29%
"%
"lO
6%
7%
16%
16%
%
%
1
4%
1,000
100
>
July
6
6%
69 %
%
3
2,750
<"
46
Feb
July
1% July
9Va Jun
Jan
Jan
17
May
1
——1
class B
Seton Leather common
Shattuck
Denn
10
Jan
May
51%
100
Jon
72% July
Jan
73
700
6%
6%
300
2%
2%
2%
1,700
5
5%
——25
common
100
pfd series AAA——
cum
Silex
Co
of Canada..—
common.
Jan
Oct
class
convertible
$3
93%
$3
dep
-
Manufacturing
Co..
Singer Manufacturing Co Ltd—
Amer dep rets ord legis
Singer
United
S
U
S
U S
119 %
Sioux
City Gas & Elec 1%
Solar
Aircraft
Solar
Soss
x2%
1
-Z'Z
Coast Corp
South
Penn
1
Southwest
A
3
4%
7%
U S
Radiator
S
Cooler
241
Jan
Apr
Southern
Phosphate
Southern
Pipe
Jan
2Va
5
Mar
106
/
July
4% July
5% July
Jar.
100
2
Jan
400
2 Va
Jan
./y
4Va May
1%'Jan
4%
4%
100
2%
500
2Va
Nov
400
37%
Jan
49 Va
Jun
28%
Nov
32
class
42%
43%
30
30%
250
Standaid
68
68
Jun
6
4% July
4%
Insurance
Universal
Pictures
...
4%
400
:•
53/4
6%
2,500
2%
9%
9%
300
7%
Jan
%
%
600
Va
Jan
5%
325
78
60
Sep
6% July
8% July
Jan
4
Sep
July
Jan
11
Aug
1% May
Jan
80%
Jun
Jan
3%
Jun
1% Nov
2 %
Feb
77%
76%
2%
2%
400
1%
"l%
•1%
1%
800
16
Va
1,000
A Jan
2 Va
.2%
2,200
2%
Jan
3
Apr
Feb
1%
11
13
Apr
17
50
16%
18
2,200
Universal Products Co
Utah-Idaho
HI©
Sugar
Utah Power & Light $7
Utah Radio Products
Feb
Feb
15
17
17%
Aug
19%
153/4 Aug"
14% Jan
200
2
42%
Sep
1%
200
Nov
19% July
21
Feb
625
2
46
V/a Jun
j.1 2% May.
22
July
Jan
16
49 %
2
46
preferred..
% Aug
;
Oct
3
May
68% July 1
4% Jun
Utility
Equities
$5.50
stock
1%
% Jan
2% May
76
Jan
49
1
;
Jan
2
1
-IOC
common
priority
Sep
Sep
%
Jan
2
May
63
Aug
72
Nov
Venezuelan
Mar
129
Nov
Virginia Public Service 7%
Sep
5%
200
7%
Jan
900
6%
Jan
12
-500
1 Va
Jan
5
Valspar Corp
$4
Jan
,37
Nov
.
17%
%
17
1
23
.
9%
r
—10
Va
Jan
/% May
2%
Jan
% July
2% Sep
Jan
Va
Jan
200
12 Va
2Va
100
1%
16%
16%
17%
'•
18
Jan
Jan
2,200
18
v
13
50
12
1,300
.100
"%
~~%
Jan
Jan
a3a
2,400
Jan
Jan
Va
110
1
Jun
5
1
May
6% May
.
19%
3
Oct
July
17%
Oct
18%
Sep
114
Jan
Oct
A May
A
.....
Va
-
58
100
16%
Jan
64
6%
;—1
A
Jan
56 Va
::ii
Co
7
500
6V4
Jan
11% July
Va
'
.
Va
100
1%
,
300
•:%
-A May
A Feb
..1
Jan
A Jan.
Oct
A May
2% May
1% Jun
54
—„
—
I
I_IIIIIIII" .1
,11—11]
page
2181.
13%
Oct
Jan
5%
Oct
35
Feb
56 Va
Aug
44
Sep
Oct
7%
"9%
9%
"7%
9%
IVa
1%
200
7%
7%
150
Jan
12
6%
700
-1
_
Jan
2%
!Ii
July
9
I'
common
see
•
r
1
9%
pfd... ..100
9%
82%
—i
«
Manufacturing—.
'
10%
7%
3/4
■
\
60
1,700
120
85
81
7%
'
V
26
25
-v
73%
300
3
100
Jan
1%
r.
Jan
32
4% .Jan
12
18
Nov
July
Sep
Jan
86
Nov
7%
Jan
10
July
2%
Nov
44
Sep
Apr
•
Inc.
Petroleum
26
5
July
%
17%
2 Va
1
Sterling Brewers Inc
preferred
6% July
Apr
2%
—20
pfd
B
1
common
convertible
Oct
30
%
—10
Light
class
For footnotes
4%
Jun
Aug
1,100
...
Co
220
1
32
1
IIIIZ .50
5% 2d preferred...
IIIIIIZ .20
Sterling Aluminum ProductsIITI"!"" .1
B)
44%
8
33
200
preferred
(J
47
44
...1
common!
Voting trust ctfs...
44%
300
'•
9%
%
Steel Co of Canada
Sterling
36
-2.78
(A) & Co common
Sterchi Bros Stores
Stetson
Sep
44%
1
Feb
!'
(The) Corp voting trust "ctfs! -1
1st
42%
1,100
B
Jan
....
Stein
6%
73Va
683/a
4%
Nov
4%
4%
•
Standard Silver Lead
Starrett
5%
■
,
.
(Ky)
(Ohio)—5%
Tube
Jan
67
-10
Oil—
29%
Va
Products
63
67
A
40
36%
9%
ord regis
Corp.—
Preferred
Standard
5%
9%
1
Common class B
Standard
Aug
3%
5%
2
class
! 28 Va
Inc
Power &
July
W
■
$1.60 convertible preferred
Standard
260
Jan
•
Paper
300
10
V-.9'-9'
5
Standard Dredging Corp common..
Oil
Feb
Feb
.50c
800
1%
1%
-10
Brewing Co
Standard
,
4% Jun
A
•
common
115
1%
—10
;
Co..
Standard Cap & Seal common.
Convertible preferred
Standard Oil
93
Oct
July
'
A_„25
Co
Line....
Shoe
Feb
5
300
t29% ,29%.
.
dep rets crd bearer.
Stahl-Meyer
39
Jun
Jun
iZ,'-
25
Spalding (AG) & Bros——
1st preferred
Spanish & General Corp—
Spencer
Wall
Class
Vogt
Amer dep rets
Feb
2%
1
Consolidated
Universal
3Va
25
...
—
—
Amer
29%
250
—1
Securities
Reclaiming—
Universal
42%
C_.._T+i^L.25i'
Power
Royalty
61%
'
1
common
Rubber
Nov
2 Va
preferred
100
Southern New England Telephone..100
Southland
%
Jan
Edison—
original preferred
preferred
5%% preferred-series
Colorado
Jan
•;
preferred with warrants—.—*
2% Aug
400
10
6%
Southern
1st
28
3% '
—.—25
Pipe Line.
California
Souttiern
5%
Pa
;
—„1
common
Oil
Jan
Va
21%
500
.
25
common
B„
United Stores
3.
3%
Va
500
1.400
%
57
100
common
Oct
96
I-
July
U May
ft May
13 % July
"
Manufacturing common—
South
class
Graphite
and International
.15
3%
1
_—
■"
Jun
123
Jan
3% Mar
Specialties common
Jan
3% Mar
'
1
.—
%
25
Mar
1753/4
Jan
25c
Machinery
Universal
pfd
Corp
100
,—£1
100
Manufacturing Co—.;
Sonotone
Co
227
May
4%
10
21 Va May
1
Jan
100
16
Jan
80
%
55
55
•
Sharing
Shoe
Foil Co
$5
July
Jun
A May
-
Preferred
U
Apr
115
1.400
%
%
Jan
1% May
Jan
%
July
57%
r
A Jan
650
118% 119%
<
regis..
preferred
United
'2%
221
v
Canal Co
RR &
Profit
10%
Ltd—-
ord
10 Va
25
•
—.1
...100
119
•
12%
14%': a
common.
.•••••*
preferred
Co
rets
United N J
Jun
100
Jan
10
July
>"
■17.
Jan
50,000
*
Molasses
United
Apr
Jan
111%
190
•
preferred—.:
3%
3
14% May
Jan
%
25.400
2%
2%
—*
participating
Amer
4
83
200
115% 117
...
Pattern
A
*
B
"
United
8V2 July
16%
Simmons-Boardman Publications—
Simplicity
'•
A
United Milk Products
U
Sherwin-Williams
8,800
'
93%
93%
Jan
2%
Shawinig in Water & Power..™!——*
Sherwin- Williams
"l%
12
57%
*
preferred
1st
f
July.
.
Va Jun
4
Sep
12 Va
—5
—■
100
7% July
Jan
'
% May
A Jan
3%
•
.
Mining
14%
6%
"
1% May
Jan
52 %
68
$6
United
Serrick Corp
July
~i%
1 Va
3% May
Jan
1,000
Option
3% July
13 Va Mar
20,800
68
6%
%
4,100
,—
Sentry Safety Control
5
8%
warrants
$7
4% May
600
14%
1
60%
3% May
Feb
5%.
•
27%
Jan
3 '
Va
1
27%
Jan
1%
900
iff
27%
—25
certificates
8
2
500
V
3%
3
10c
27%
—*—.——5
prior stock..
$5.50
Allotment
8 %
400
2%
;
•
cum
53%.
1
common
2%
5%
•
—
49%
1
•
•
Lock & Hardware
Seiberling Rubber common..
common
14,200
*
Segal
3%
5%
1
1%
1
Inc
Bros
Products
16%
Common
Seeman
Va
3
—*
common
Chemicals
36
2%
2%
—10c
—
United
%
—•
common
Securities Corp General
Corp....-,
Manufacturing Co.——10
Union Gas of Canada—...
*
51
Spring Brook Water Servicepreferred
•
Scullin
Realization
Unexcelled
Aug
Jan
Scranton
SB
Ulen
2%
1
Udylite Corp
1%
1%
.
—•
common
Oct
3% July
Jan
300
2 Va
Jun
11%
Jan
-
Sep
4'/4May
137
Jan
2%
1,600
2%
16% July
16%
*
preferred
Lace
1%
"2
25
Scovill
Manufacturing
25
Scranton Electric $6 preferred—.—*
Scranton
3,500
1%
Jan
24%
——1
common
Convertible
10
v
—————~8
Oil
1%
115
100
*
——
Savoy
135
9%
9%
—.
Oct
16,300
•
135
7%
Sanford
3%
3
3%
Paper common
.
,—5,
preferred.
————-100
Salt Dome Oil Co.—
1
Samson United Corp common
1
St
Apr
13%
—•
5C
$2 conv pref
A
Jan
12% May
4% Nov
1%
Jan
H Jan
•
27/a
Jan
1% May
7%
Nov
Waco
Aircraft
Co
;
4
3
1
Waitt
13%
—
13%
150
10% July
Apr
97 Va
7%
Feb
15% July'
%
& Bond class A
Feb
Apr
2% July
Class B—
Walker
Wayne
Mining Co
Knitting Mills
A Jan
1
—
West
"Us
&
Coke
.....
Western Air Lines Inc
1
;
Western Grocer Co.—
Western
Western Tablet & Stationery com
Willson
Power
American
6%
Wright
400
%
Nov
6%
Apr
—
Jan
22%
22%
25
21
Feb
14%
~87a
9
—
1,200
2%
„
Jan
5%
200
13/4
19
.
9%
Jun
Oct
9V4
4% Mar
Jan
Jan
■>
:
4%
Sep
Nov
8V4 July.,
Ltd—
deposit
receipts.,
Preferred
Hargreaves Ltd
—
'
10
Jun
63/4
Jan
5
Ri
£1
Aug
5
Aug
Jan
4
Apr
__
2%
2%
2%
6.200
2
/
,
12% July
llOv
Nov
4
1
Sep
,
Jun
3Va
10
Sep
May
.' •9% July-
Jan
-
Sep
153/4
Jan
108
Oct.
May
95
26
V/a Mar
CMV
2%!,/
V
Jan
9
—A
.11%
July
13
'
—
4%
11% July
"f
Apr
5%
,
: v
5% .Jan
67
—
Heating—
•
Inc—1..
l
Light 7% pfd—100
110%
Jan
30
__1
10
Jan
4
83
&
Wolverine Portland Cement.—
(F W)
1,300
8%
8
'
'
/ —
10
—
Woodley Petroleum
Woolworth
~57/a
Jan
80
*
Oil-O-Matlc
Products
Wisconsin
5%
Jan
23/8
9
—.^..20
Inc.—
Weyenberg Shoe Mfg.:
Wichita River Oil Corp...
Williams (R C) & Co
Williams
•
1st pfd—100
Westmoreland Coal
Westmoreland
"5%
f "
"3%
400
—20
Maryland Ry 7 %
A May
14 Va May
11%
V.
1%
.1.25
Coal
■W"
Nov
98%
»"
5
Wentvvorth Manufacturing
West Texas Utility $6 preferred.
Va
5% Mar
5%
86%
Wagner Baking voting trust ctfs ext..•
7%
preferred
J.
—.100
-
.
Volume
•
Gas & Electric
American
s
f
debs
s
f
debs__
1950
1960
J-J
J-J
s^l deDS___—
1970
J-J
2016
M-S
Pow
6s
Appalachian- Elec Ppw
!
1961
3;1/4S___^-1970|k
;—.—2024
Arkansas
Lt
ft
Pr
5s
4V2S
Elec
1953
^
AConv
deb
AConv
deb
4Vis
&
AConv deb 5s
,
-
'
5%s
deb
AConv
k
5s
ADebenture
Assoc T
& T deb 5%3 A
Atlantic
City
Bell
M
lst
Bickford's
6s
Gas 3%s
Westchester Ltg 4s
Debenture
5s
1964
Continental
127%
1948
79%
148
1945
77
Ohio
79%
46%
Power
1st
mtge
3s
1st
Public
Ohio
mtge 31/48.-.!
Central
111
&
El
33/4S
Gas
Service
1968
ob
%S
ctfs
Rys 5s
§ A Chicago
Service
F-A
103%
Lexington 1st mtge 3s
1964
J-J
1977
M-N
1979
M-N
21%
22%
50
13%
26
Park
21 Vi
22%
62
12"%
26
Penn Central Lt & Pwr
21 Va
85%
7
14
26
deb
Conv
5s—
L 5%s
&
P
Service
5 ViS
21 Vi
Vi
'84%
-
72%
109%
&
Power
Light
4%s
5s
1st
92%
106%
9
series N
3 %s
1970
Elec
Rapid Transit
A 5s
3s ser P
1st
ref
mtge
1st
■
•
ref
mtge 2%* ser Q—
Gas (Bait City)—
Consolidated
Potomac
Power
106%
104%
Eckson
5s
Elmira
Water
1954
Residential
Finland
stamped
6b-5s
Bank—
:
—1961
Mtge
.
100
!
J-D
84%
98'%
17
83%
98%
Sheridan
17
84%
99
South
Gl*
3965
85
101
Southern
86
101%
Southern
California
Counties
106% 106%
i'
A—_f-1941
4Vis series
(Adolf)
AGobel
1950
Great
Nor Power 5s stpd——
1950
Oireeii Mountain Pow 33/4——-1963
Grocery Store Products-—
.1945
Guantanamo & West 8s
1958
103% 1041/4
series
IOO
131%
Standard
Gas
11
100%
105'%
A-0
103%
103% 103%
13
J-J
99%.
Debenture
6s
101
104V4
Debenture
100'%
104%
103%
105 %
103'%
10b V2
40
102%
105%
3
106'%
109%
103
106%
$104% 105V4
105% 105%
15
30314
1031/4 104%
106'%
IO6V2 107%
1970
F-A
M-S
1071/4
1989
M-N
76%
76%
78
A-0
A-C
86%
861,4
87%
151
87
146
—1951
F-A
86%
1966
J-D
87
1957
F-A
F-A
A-0
86%
J-J
24
8s
6s
9iv*
gold
Stumes
$104% 104%
103
1061%.
103
107
51
.,,57
1
Dec
6s
Power
AStarrett
98
—
debentures
ft Light
Standard
10314
$103% 105
Corp
73
F-A
72 Va
24
52%
75%
107% 107 %
5
106%
108%
1031a 104 %
__
73%
9
96%
107 %
6
62
—
/ '
104% 104%
5
104'A
107%
103%
38
102 Vi
1957
—1950
5s
inc
Corp—
7-4s 3d stamped
.Certificates of deposit
86 Va
v
' 86'%
86%
J-D
M-S
97'%
44
a6Vis
(Dec
1946
32
65%
87%
87%
52
65%
87%
86 %
87'4
74
64%
871/4
28
v
87%
86%
87 %
28%
10
23%
32
% 8
12 V8
32
•
'24
24
22
22
.
105
93%
102 Vi
90 Ve
,
98%
99%
90%
88
91%
22
57
101% 101%
U
,91
'..
$108
91%
J-J
F-A
44
Light
A-0
M-N
ft cons 5%s
1st lien
6s
Co
4V2S^
gen
Deben'ure
couponi——1957
\—
1941
1
1941
(Aug
A7s
F-A
J-J
—.—1952
A7s
(July 1941 coupon)—3952
Intersrate Power 5s
——1957
Debenture
6s
a.
—1952
-AItalian Superpower 6s
.•
1963
F
series
A 7s
—
102
103%
F-A
115 Va
1944
—2022
F-A
111
1171%
$115
—
95%
103%
2
107'%
109%
'
308
96 %
108
96
85
24
96 %
10
103% 106%
>'
103% 104
107%
96%
95
100'%
14
96
108
102% 102%
1
103
Western
101
19
80%
7
105%
109
18 'A
4%
6
108%
TOP*.
108%
110%
102%
110%
"7
3G7-o 109
116
3
116
Kansas
./< M-S
J-D
M-S
J-J
& Lt 3%s—
1965
Power 3%s_—_—lybb
Gas ft Electric 6s
2022
Powps 4- bivhf 3%s_.
3°69
Electric
F-A
F-A
J-D
J-D
82'%
12
83
Radiator
16%
32
fAYork
Rys
Co
AStamped
1937
1947
5s stpd
5s
03'%
'
300
% 300
If;
100
100
Valley. RR—
Extended at 4'!o
> •;: -
to
F A
M-S
7
1st
&
-
4-
l'
35
89
77
74%
ref 5s,
Mississippi P & L 5s
Mississippi River Pow
—
M-N
58'A
59%
37
36
67
28%
28%
1
16%
44%
86
58%
:
SH
New
New
Power
series
Amsterdam
M-S
J-D
J-D
J-J
M-N
F-A
———1955
—1957
1st 5s
F-A
Gas
5*1—.
deb
5s„„,
England
England
Power
1947
1948
Orleans
AIncome
6s
1950
—
3'^S—..1961
3<H&
Power Assn ,5s__
Debenture 5Mis-_
New
J-J
M-S
J-D
M-N
M-N
a-0
—1948
Eng Gas 81 El Assn 5s—
Conv
N»w
J-D
M-S
2022
!
Public
series
—
.——1954
Service—
.
A——Nov
' •
1949
•
r
111
123
'
106%
1081/4
J-D
Period
26
or
Sale Price
Friday's
Range Since
Bonds
Bid & Asked
$107% 108 Va
307%
106% 106%
108%
Low
1
January
Sold
A 20-year
A
109%
7s
7s
20-year
Boeora
■:
...
Mortgage
(see
Bank
High
53
A-0
April 1946
Jan 1947
J-J
/
1
53
$50
—
Low
No.
Agricultural Mortgage Bank (Coll—
113
1C8%
53
7—7
•
High
54Va
P4j/4
/■
of)
$16
17 Va
14%
23%
64%
ACauca
Valley 7s
1948
J-D
Danish
110%
98%
100%
101%
101
1011/4
86%
99
5%s
1955
1953
M-N
$57
60
44%
F-A
,-$54
57
42
60
1952
J-J
$20
35
10
.20
Vi
107%
5s
$1001» 102-
A
102%
Port
External
ALlma
City
62
49
"•
vH bar-S
4$ $
106% 106'A
105%
I"* 1051/4 105 VA
105
•
101 Vs 101%
101%
27%
27%
-■TV
17
IO51A
108% 109
27%
«
116
$111
71
71%
70%
70%
A
'■
309
7
AMortgage Bank
105% .109
A Issue
AParana
1
98
102%
ARio
5
32%
107
'
28 Vi
110-V4
114
112
de
A Russian
A
(State)
Janeiro
.'
/-$18
r
-■
21-7
"2"'"
161/4
$30
-w'
$17%
$55%
35
28%
35
J-J
33%
29
33%
'
57%
M-8
32
J-D
1919
1921
.
•»
38
18
'
22
•
24%;
37%
32
J-D
,20 y»
'35%
20
'•r-7
,
1931
1972
—1959
6%s
/•
$30
1958
8%s
11 Va
18%
A-0
7s
Government
7
J-D
M-N
1927
of Chile 6s__!
5%$
114%
71%
47
47%
77'%
71%
9
50%
71%
92
*No
76%
50
107%
"rCash
78
51
76 Vi
20%
58
45
•
//.**■
J-D
22 '/a
27
7 "72
.
35%
33%
.17
4%
J-J
5
23
2'/a :/ 9%
4%
4%
5
13
2%
9%
9814
.45
82%
98%
Abbreviations
tive;
1021/a
106
value,
a Deferred deliverv sale
ri Ex-interest
x Ex-dividend,
y $8 liquidating dividend paid.
no
sales being transacted
e
Odd-lot sale,
n
Under-the-rule sale
during current week,
SReported in receivership.
96'A
97Vi
par
sale,
tFrlday's bid and asked prices;
A Bonds being traded flat.
109
95%
$104% 105
M-N
*
d35Va d35%
117%
95%
-•
Oct
Mortgage Bank of Denmark 5s
113
$105% 108
971%
oi
$16
,
d35 Va
1947
107%
'
95 %
1958
—1951
stamped
106%
105%
103
113
70 %
•
'
7s
:
M-S
6%s stamped_1958
!f Bogota 7s
Issue of May 3 927
103'A
117
71
stamped
Mortgage Bank
5
$109% 110% J
117
*
62%
103
106
306
•:
614s
(Peru)
7s
AMaranho
AMedellin
60 %
ft Waterways—
312
100%
107Vi 168%
•
Danzig
102 V2
103%' 106%
$106%'108
•107
99
;
J-D
Nov.
Last
Interest
,rveb'»ns«
Cnrh
Ended
108
121
122
112% 112%
$107
■
ly78
5s
New
$121
112%
A-O
4Vis—..——^.1981'
A—
f
Week's Range
Friday
BONDS
York
N«*n
110
106%
$106% 108
J-j
t
6s
107
108
107
107%
-
1951 *
Nassau *z Suffolk Ltg 5s—
.1949
A National Public Service 5s ctfs...1978
Nebraska
100
94
86
M-N
1967
4Vis.—r,
P & L 4Vis.—
Minnesota
-
•
—.—1963
"
Gas Light
Milwaukee
'
.
100
73%
Foreign Governments & Municipalities
351/2
Extended
stamped..
Midland
84
75
6
il«"v
33%
.
17%
A-O
J-D
—1948
Mengel-Co conv 4%s—...—i
1947
Metropolitan Edison 4s
1971
4s series G—
———„1965
Middle States Petrol 6Vis__
1949
bb
,
'
35%
Va
19
26%
Mfg—
&
100V2
35
25
16
J-J
Utilities 4s
—1970
LttKt aupenoi Uist Pow 3VaS„
19bb
Louisiana Pow & Lt 5s
1957
Kentucky
McCord
118%
85%
$991% 100'%
—
J-J
J-J
J-J
Jersey Cent Pow
Kansas
30%
110
38
17
■3
128
.27'%
109
Union—
extended to 1959
6s stamped
96
115
Newspaper
5s
unstamped extended to 1959
6s
96%
80
112
$132
Traction
Penn
3 0b%
$108% 109'%
J-D
A-0
J-D
1964
2030
1960
West
Week
Kansas
117%
1
98%
22%
M-S
3%s
West
103%
26%
104%
115%
.0
107% 108
J-D
5s__
Wash
107%
94%
$26
109
106
,3.6
.
115% 115V2
98%
M-N
1954
4s
Power
108%
92%
7
V
96'%
112%;
110%
$3.10% 111
A-0
1951
dabs
Elec
ft
Water
104%
23
103 %
>
%
116
6
301% 101%
—
Penn Electric
14
105% 105%
—
109
106
$3.07% 108
101%
-
A
series
6s
income
Ry
103
26'A
;
Waldorf-Astoria Hotel—
105% 105%
25
,
108%
102 %
105'A
108 %
A-0
—
ft Light
ft
lien
103%'
94
A
series
A5s
84'A
(Delaware)
Light ft Railways .(Maine)
93
115
108% 108'A
Rys
ft
Utah Power
111%
$99%, 102
92 Vi
1959
5%s_1952
4s
United
65
■
91
99"%
93%
25
105'%
Power Co—
ft
J
106%
;
109
110
N
Lt
78
66
92%
J-D
;
5%s
Transit
United
1st
105%
1949
3%s
Rapid
Electric
United
94
94%
$64%
-
J-D
$
1956
——2022
1979
5s
5s
111
98%
10
$93
99%
1968
1952
1952
Light
Power
Edison
City
Umted
$108
13%
106 Va 107%
J-J
M-N
J-J
F-A
J-J
A—
Water
Twin
1021/4
.
108%
; 109%
105% 105%
A-0
IOOV4
99
44
■
>
1960
5s
Service
ft
Powei
series
6s
Tide
Toledo
63
2
1946
stamped
Electnc
Texas
98%
91%
97
102
102
102
J-D
E
series
A7s
s
871/4'
■
Texas
96%
$102% 104
M-N
1955
coup)—1955
.—1957
——
87%.
65%
■
C
87%
65
.
30
86%
7'
87%
Industries—
(Hugo)
2nd
7-4s
106 Ve
103
103
International Power Sec—
series
80%
64%
(Hugo)
Stinnes
$58
A-0
l.lPfiB
B——-1957
lnUiana
Hyuro-Eieo
————1958
Indiana
Service
5s—1950
1st lien <fc ref 5s
-1963
AIndianapolls Gas 5s A-,.-.;—.—1952
Indianapolis P ft L 3V4S—
1970 - •:
AbVaS
70
Electric—
ft
90%
3241%
A-0
<v rei 5f series C
1st & ref 5Vis series
L
79
87%
Corp—
i •»
103% 104
J-J
6s
123%
A-0
A——1953
ref Ss series
1st &
;
97%
103%
1971
1951
deb 5s:
79
15
85'%
A-0
(stamped)—
Conv 6s stamped
102
104 Vi 105%
68
6
1965
4s_
Rys
ft
P
(A G)
Wash
& Light
Power
Illinois
Indiana
$124% 128
"
3
88
1970
mtge 3s
6s
J-D
--——Jan 1949
B
123%
»-
7 $
69
88
3s
Southwestern
105%
15.1
91%
131
68
(Calif)—
Gas
82%
.
128 *
v7:./
$127'/a
* D
A-0
A-0
2022
Gas
Southwestern Gas & Elec 3ViS
101%
8
97%.
114
'M-S
31/4S
Edison
109
121
'
79
108%
J-J
M-S
105 Va
"""
J-D
J-J
—Jan 1949
H^grade Food 6s ser A
6s
•
1966
Lt ft Pwr 3ViS—r——;
Houston
22
.
98
112%
1st
Scalding
J-J
F-A
J-D
West 4s—
Trunk
Grand
"5
$97'%
,.
1957
103%
112'.'
102% 103%
106%
138'% 156
1947
6s
<20%
Southern
102%
102'%
12
1951
1967
5s
117
•
14
140
139
1970
California
77
93
103% 103%
•
May 1948
May 1948
205
101
92%
.
M-N
1951
Coal
101
103V8 103%
__
110
$109% 109%
6s
Power
100
93
95%
106%
A-0
D
series
Wyoming
Carolina
Southern
M-S
MS
6s ser A
4%s
1st
100
103%
112%
77
4
J-D
Shawinigan Water, ft Pwr 4i%s
147
99%
112
111
4
...
107% 108 Va
J-D
1952
101
89
96%
99'A
94
110'/a
93
$92%
--
1952
6s B
ft Pwr
Estate
Real
100
J-D
Ser"
Powei o, Light 5s
Aldrn Coal >>—
—
Joaquin Lt
ASchulte
96%
$89%
92'.4
7.
—1979
4%s
100 Va
J-J
1978
5s
Pub
Rayon Co.
San
97%
99%
$110% 110%
A-O
Scullin Steel inc mtge 3s
3
115
M-N
—
103 Va
96'%
107
108
97'% 101%
Jersey—
104'/a
96
107
105
"
Geoigia
General
?
'
96%
A-O
J-J
J-D
General
71%
Harbor Water
96%
M-S
1969
-3953
1948
A
New
103
,
.
$122»% 123%
109'%
110%
116%
1
M-S
Queens Borough Gas ft Electric—
5V2S series A
96%
103'%
107
107%
111
30
2
certificates.
perpetual
96%
M-S
1954
—
33.'iS
Power
,11
116% 116%
110% 110%
1959
B__
100»%
•
100
J-D
4s ser C—.—3966
Florida Pow & Lt 5s
Gatineau
307
$106% 108
.
106% 3 06 %
1964
1949
4Vis
of
Service
6%
46
451%
142
'
107
100
.
101'A
100
69
67
'
v
Public
40 V)
13
175
$102% 104
M-N
—i.—;
——.
Power Co
Florida
35
$105
F-A
M-S
;—1952
District
Fedeial
El 5s——
Service 5%s
Empire
33%
67 %
M-S
—1956
2030
1956
5S—
Water Lt & RR 5s
107
J-
"7136%
M-S
—.1961
(Can)
mtge 3Vis
Safe
M-S
Light
&
Power
5
107%
100
13
$100% 100%
$110"
—1944
Gas & Fuel 4s ser A
Eastern
Electric
105%
84
34%
108'%
107
J-J
1956
E
F
series
Corp
1st
107%
$116% 118%
3%s————.-1955
Packing
33
33 Ve
M-N
F-A
J-D
Tobacco 5s—
Cuban
Cudahy
85 %
105 %
$105% 105%
•
-33
107
105
107
Public Service Co of Colorado—
4
105% 106%
F-A
39
30%
102%
1950
1091/2
'5
99 % 100
99 Vi
A-0
mtge 4Via—
—-———1954
AConsolidated Textile 5s stmpd—1953
continental Gas & EJ 5s
_.—^-1958
105%
4
3
■
,
1962
6s
101%
102%
>..s,
Gen
i
103
101%
6
Co—
103%
37.,
.104%.
102
Coke
&
121%
4'As
104
Gas
stamped extended
117%
$104% 109%
104
116%
180
$150
5%s
Power
102%
121%
121 %
121V*
J-D
J-D
J-J
1971
1969
1876
—:—
109
100%
7:37% 37'/a
105 / 105%
..
■
J-J
1972
3'As
Philadelphia
(Bait)—
.
111 1/2
106%
103% 103 Va
J-D
Pennsylvania Water & Power 3%s_1964
114%
M-N
—1951
107%
11
101 Vi-
99 Vi
315% 116
115Vi
J-D
1949
A
7s
Pr
Lt & Pr
El
Gas
Cunsoi
&
1
3952
-
—
Connecticut Lt
;
3969
5s__
Debenture
Cities
il950
1958
.
5s
Debenture
35
$102% 103'%
'
F-A
110
107
3 07% 108
F-A
Pacific
107 Va
105
3
105
108% 108%
108%
1955
26
Philadelphia
A-O
A-O
M-S
J-D
A-0
M-S
M-N
106
26
13%
J-J
1966
Jan
5s
14
305
5s_.
14%
86
F-A
—-J—1955
B_—
series
6s
Cities
107% 108
108
22'%
85'/2
M-S
91
104%
8
A-0
—
22%
21
J-J
-1927
1952
Cincinnati St Ry 5Vis A
54%
91
304% 105
F-A
21'A
M-N
J-D
1954
115%
—
A-O
21 Vt
M-8
——1953
115%
87%
1948
21%
J-D
—
States P ft L 5%s
Central
108%
—
Aug 1955
Portland
1969
:„1948
Central Power & Light 33/4S
103%
A-0
—1962
4s
3%s B
$21 Vi
$102
1964
ACentral States Electric 5s.
■
M-N
.1971
21 'A
J-D
M-N
Q-F
A-0
High
112
$10.3% 104%
$1151/2
■
J-J
<
Low
310%
109
J-D
1953
Friday's
110 % 110 %
J-J
Gas 1st 5s
Oklahoma Nat Gas
M-8
J-J
F-A
1970
J,
5s
Power
January *
No.
J-J
—
Utility 5%s
Sinking fund deb 4s
Northern
Canada
Range Since
Sold
M-N
2004
&
Ogden
109
124
106
$107 Vi 109
3968
—
2%S
Edison
Boston
106%
1
18
127
M-S
1962>
Birmingham Electee 4l/2S
Y
&
North
98%
10
77 Vi
A-0
F-A
M-S
3998
—
6 % S_.
Inc
,
1957
-I960
C
Steel
Bonds
High
or
106%
107% 1077/a
127
|-
series B—
5s
series
Bethlehem
N
111
88%
.
of Canada-—
Telephone
5s
.
-
96
2
107% 108%
%
107 V4
1947
(B. P.)— •.
warrants-.
without
5s
...
103%
1964 /•
Eiec 3%s
Avery & Sons
107%
.
__—1949
;-«■
1950
I—.__-1968
—1977
^—1955
,
105
3
97
Week's Range
Last
Sale Price Bid & Asked
Oklahoma Power ft Water 5s
Elec Co— '//••.
4 Vis
;——..—1948
^Associated Gas
Vi
108%
4
97
A-0
J-J
Appalachian Pow deb 6s>.
Associated
103
103 Vi
Period
26
Lo?"
104%
56
109 V4 109
J-J
:J-D
J-J
*—.—1956
6s
Paper
Writing
Amer
deb
Lt
ft
103%
%
106% 106%
Friday
Interest
Exchange
Nov.
High
4
10334 1 03%
Curb
Ended
N Y State Elec
33/43
Amer
No.
Co.—
3 %s
2%s
Low
York
Week
January 1
Sold
High
Low
New
Range SincV
Bonds
Friday's
or
Sale Price Bid & Asked
Period
Nov. ,20
Ended
Week
BONDS
Week's Range
Last
Interest
Exchange
Curb
York
Friday
:
BONDS
■
New
2181
COMMERCIAL & FINANCIAL CHRONICLE
THE
Number 4233
158
used
above—"cod,"
certificates of deposit;
"cons," consolidated; "cum,
"conv." convertible; "M " mortgage; "n-v." non-voting stock; "v
when Issued: "w w," with warrants; "x w," without warrants.
"w i,"
cumula¬
t C," voting trust certificates,
,
2182
THE COMMERCIAL & FINANCIAL CHRONICLE
Baltimore Stock
Nov. 20 to Nov. 20 both inclusive,
Week's
Last
Arundel Corporation
Transit Co com
Preferred
t
v
Low
18%
„————*
t
v
100
10%
10 %
16
645
207
10%
STOCKSf-
Range Since January 1
%
Low
1.65
4%%
EL
&
116
-.100
B
Deposit
Co—.
144
•.—,—20
Jan
8
Par
2.95
Laboratories
Adams Oil & Gas
Jun
12%
Aug
Abbott
Mar
19
1,00 Mar
3,605
116
Jan
10
1.00
1.00
28%
114% Jan
120
Jun
35
125
145
July
■
143% 144
1.00
Guilford Realty Co common-.--——-1
Houston Oil of Texas 6</o pfd v t C-25
Advanced
400
29
Mar
1.00 Mar
150
22%
1.50
Jan
Sep
r
1.75
Maryland & Pa RR———100
24%
Merchants & Miners Trans———i*
(Tom) Distillery
New
8414
84%
Oil
Northern
Central
Co
2714
50c
37%
50
—
Mar
"77
C istings.
Bearing common.
Allis
Chalmers Mfg
American
Armour
18
22
200
200
93
Jan
Co
Asbestos
4%
450
13%
100
4%
•
•
13%
5%
99%
$2,000
99%
—.197b
52%
111;
Oct
Sep
100% Nov
4s__
90%
capital—.100
34%
106
155%
Washer
5
7%
Warner
Co'
Bruce
Jan
101
Aug
49
Mar
56
Jun
55
Mar
64%
Jun
Week's
Sales
Range
for Week
Last
Sale Price
h "■■■;
Tel
—100
698
Corp
17%
97%
98%
127%
33%
2,738
*
67%
■
,
v
66%
67%
18%
__
•
Jun
Jan
158% July
Butler
81%
Jan
Jan
62%
14
100
Jan
Jan
102
July
34% July
69% Aug
19% Oct
5 'Jo
5
945
8%
Jan
1%
Jan
32%
Apr
4'%
4 %
100
4%
4%
5
1%
Jan
3%
3%
60
2
Jan
6
Jun
3%
3%
334
40
2%
Jan
8%
Jun
4
3%
4
15
3%
Nov
7%
Jan
100
;
4%
4%
4%
5
2%
Jan
8 %
14%
14%
20
__
—*
—
5
—
Cities. Service
6%
—*——^—10 ;
G%
12%
8%
Jun
Apr
16% July
*
Common
6
6
*
5%
prior preferred—
1%
>
•
9%
3% Jan
45
20%
200
16
Jan
23
Sep
33%
175..'
33%
Nov
39%
Nov
8%
Jun
6
175
4%
7% May
Jan
Association-
57%
58
Jan
32%
100
19%
Jan
37%
5
5%
500
2%
Jan
115
115
115
42
50
98
Jan
124
320
25
Jan
70
Nov
16%
16%
19%
951
6
Jan
24%
Sep
235
7% Nov
8
—
?3'
33%
Illinois
Canlion Fdry
Pub
$6
es
Massachusetts Util Associates
7%
5
t
v
c
National Service Cos—
205
pfd-
—
50
4%
-100
8%
535
27%
100
1.000
,
—
Button Hole Machine
31%
Jan
14%
91
8
248
31%
589
4% Jan
28%
3%
Inc——i.
%
Jun
Jun
82
2%
6%
Jan
12c
Jan
35%
Jan
1%
50
——
—
3%
Jan
8%
Oct
6%
Jan
14%
Jun
5c
800
lc
Feb
10c
12%
10
12% Nov
19%
130
July
18% July.
12% Mar
122
86
10
V
97
40c
25%
25%
50
24%
25 To
323
10%
—
19%
12
8%
12
8%
919
10
50
1
86
10%
100
24c
Jan
78
Jan
15c
100
Jan
19
85c
Jan
U2Va 112%
10
,11%
3
mmon——1
'T4
6%
49%
3%
24
4%
Oct
Oct
83% Nov
•
Jail
115
42
Mar
60
Nov
Jan
85
July
18
May;
67%
Oct
'
1,850
3%
250
.
25
4%
Aug.
"*
104
340
12%
11%
24
Jan
Jan
59% Nov
30
76% 1
1% May
July
9%
50
60
75%
•
4%
Jan
1%
Feb
:.
9,250 ;
350
3%
21% Jan
2% Jan
.
Oct
27
July
5% May
•
66c
8%
9%
11
5% Jan
33
33%
27
28
12%
12%
12%
70%,.
69%
70%
67%
67%
68%
44%
44
44%
38%
39
25c
25C
10
165
"185
Apr
1% Mar
Jan
185
July
1% July
32%
Jan
370
27
—1
95c
•
:
& Mfg—.
17%
Jan
14%
July
Sep
10% May
29%
Jan
36
July
27
Nov
37
Feb
11
7%
371
60%
Apr
240
63%
Jan
130
.
Jan
42% Sep
47
Sep
July
25% Jan
46
July
20c
48C
57
500
95C
95c
30
10%
»
-ZZ50
Crane Co common—
page 2187.
t' 90
110
10%
Jan
20%
•'
2% Feb
16%
19%
19%
91%
90
i
14%
130
91 %
Sep
5 % Aug
23% July
„•
Jain
Jan
v
83
_25
———
Jan
22% July
100% Aug
i
&
Oeere
Co
common..
35%
Dodge Manufacturing
35%
55
10%
10%
250
5%
5%
400
8
950
;orp common—*
class A
1
Electric Household Uti Corp
Elgin National Watch ( o——:
-5
-1
%?%
.15
Simons
Fitz
&
Four-wheel
Fox
ConnelB Dock
Jan
10
Jan
1%
3 s,a
50
23
250
32%. 33
11%
-10
—
...
42% July
13%
Apr
6Ta May
•
Jan
<
Jan
Jan
6%
60
8% July
31
Feb
323/& NOV
common
100
10%
_L*
1-5
4%
15%
15%
11 ".
;
43 ''
4%
Brewing common— —5
Fuller Manufacturing
jcommon——, —1
common'——
11%
41.-"
IOV2
(Peter)
Gardner Denver Co
17%
26%
Sep
18
Nov
r 41% Mar
&
Autd"
Drive
29
17%
common.!——
Dredge Co
•
29
17%
Fairbanks Morse comrrjon——.
16%
40
'
9
700
Jan
6%
800
15
3%
;r 100]
13
Jan
43
6%
Jun
16%
Nov
14
Jan
110
37%
Jan
Va
'403/a
3%
100'
7%
300
Nov
Jan
350
•'3%
July
14% July
Mar
<
51%
Jun
'
jcommon
Corp
i
—
General Foods
—1
1%
.100
Rubijer
(H W)
Lakes
Dr
Co
93
13%
19%
20
10
10
1
13%
1%
1%
1%
Jan
?:■ 13%
Jan
21%
Oct
10%
Apr
1,000:
4%
3,150
10%f 10%
200
—1.
—10
capital
t
v
—_
4%
19
15%
700
6
Jan
9% Aug
40
19
19
•
25
Jan
37% Aug
10
Jan
17
July
2% May
tt Jan
:
1%
Jan
4% Nov
7% Jan
50
18%
16% May
Oct
23% May
corn-
15%
common;
16%
410
11% Jan
19
66Ta
67%
165
57
74%
7%
Harvester
Power—
Oct
315
36
3%.
•
-100
c_—T^..
Indianapolis Power & 'Light
9%
9%
•12%
36
July
56% July
9Va May
41% July
Jan
7% Jan
9%
m
44
10
50
12%
Icommon— —25
Aug
17%
50
—10
9
;
25
100
Illinois Central RR coifamon
Interstate
4% Jan
34%
4% May
44% Jan
600
13 %
Indep Pneumatic Tool
International
1,450
7%
34%
common
Houdaille-Hershey cla.4s B—
Hupp Motors common
((new)———
Brick
398
50%
71/2
~7%
com—l—
Harnischfeger Corp coijimon
Heileman Brewing Co
jcapital
Illinois
40%
49%
—10
Did
Hibb Spencer Bartlett
Jan
6% Jan
34% Jan
common
&
2
39%
Jcommon,
Corp
Goodyear Tire &
Gossard Co
7%:
commoii—
Motors
Gillette Safety Razor aommon__
7%
100
Jan
July
Jun
■
$7 preferred
Jarvis
20
.
—
(W
B)
capital
Co
Joy Manufacturing
Co
1% Mar
3% Oct
12%
1
12%
15
9%
Jan
16
10'%'
1
common..—
Oct
15
Sep
76%
."""•
Sep
74
Apr
Drug Co common——
Kellog Switchboard common—
10%
125
8%
Jan
12%
5%
500
3%
Jan
5% Nov
5%
Jan
8%
'
10%
25
20
20
70
90%
91%
345
80c
7%
16
Oct
1%
Feb
Jan
11% May
Jan
21
80% Jan
5
6%
6%
450
1%
—*
49%
50%
$10,500
40%
Jan
57% July
July
Jun
7
1%
200
Jun
'
!.
La Salle Extension Univ
:
common——5
Leath & Co common——
*
Libby McNeill & Libby common
1%
7
4%
$3% preferred
McCord Rad &
Marshall
West
Corp
Common
—
capital
-
—
20
•
5
Jan
8%
Nov
Jun
'
% Jan
2
July
Jan
20
Sep
13
Jan
27% May
10
10
15%
9%
90
13%
14%
1,325
Jan
16% July
37%
20
32% Jan
42% July
50
3% Feb
6
Nov
5,350
4% Jan
9%
Oct
1,100
8 V2
9
j.
:
*
—
ikior lien'—-—100
prior lieii—lL——
.100
•A Mar
17%
>
•—
...
.
5%
8%
4,500
18.
17%
5%
u-
% May
18% Nov
Jan '
5%
150 V
1%
Feb
11%
Sep
5%
.
350 :
2
Jan
11%
Sep
& Hart—
stock
Common
prior
vtc
*
2%
preferred-.!————10.,
Montgomery
Ward
&
Pressure Cool
X6%
—
er
common
cap stock
*
Amepcan Car common—
2%.
1,250
'
14
6%
Jan
4
Feb
i
22
Jan
33%
Jan
50
Sep
10
Jan
15%
Sep
27%
50
245.;.
•14
14
•
150
!
:
*
12%
14%
1,250
10
32%
33%
4% Jan
800
20
33
".
33
50
16%
17
350
33
3% July
8%
:
44%
..
Jan
'
100
27%
■
1
•
200
11
.43%
—
[Co common—_*
Nachman Springfilled Common
2%
10%
Minneapolis Brewing Co common-—-i:
Modine Manufacturing common——*
North
5
v;
Convertible preferred A
Miller
2%. Mar
400
•' :-«_•
5
Midland Utilities 6%
7%
,
1% July
37%
14%
.*
Co—1
,
20
~*
—•
common
commofi———
United
2.700
1
15%
Mickelberry's Food Products common-!
Middle
Midland
6%
1
% Feb
100
6%
1
J——
Mfg class A—-
Field
Masonite Corp
—
4%
6%
Lincoln Printing Co common—-—*
Oct
99% July
1
Noblitt-Sparks. Industri?s Inc cap—5
.1970
200
cum pfd—100
7'i
Cudahy Packing Co
National Standard
Inc mtge 4%% series A-
17%
5:
20%
5
20
»
see
"'
58
V
Mar
,
61
38% Jan
;
30
•
v
Jan
,
400
60
Nov
2
'50
12
59 %
25
Katz
Apr
28% May
23% Jan
9
33%
v
Oct
2% Mar
Jan
12
—5
•
NOV
110%
Jan
A
Boston & Maine RR—
footnotes
:
26
;
9,200
—50
National
For
Apr
93
Jan
30
;
5%
•
97
,
—
BONDS—
.19%
Jan
350
/
46%
Container Corp of Ame ica common—20
$1
Holding Corp_
Westinghouse Electric
Apr
July
15
47c
1
-
Apr
169
1
_•
——
Waldorf System Inc
Warren (S D) Co
Jun
105/a July
29% Nov
Jan,
45%
_?
common
common
part shares vtc A
Apr
6
210
50
—5
-
Utah Metal & Tunnel—
Venezuela
Nov
4%
_•
m
%
57
12
4%
pt shares-
pref
Common
Great
39
24%
•
—
May
2% Nov
35
Z^cZ
—25
•:
-
9%
July
July
30% Jan
1
—
(The)—
40
100
33
40c
—*
Inc——
32.78
35%
Jan
106% 107%
;
Shoe Machinery Corp— —23
6% preferred
25
Rubber
com
co
13%
69%
Nov
4%
;
.
Jan
60
July
20%
Jan
Jan'
150
.
%
55
5
Edison
Consolidated Biscuit
3%
5%
20%
?/.
15
89
_„5;
Aluminum Utensil Co
General
40C
•
Assn.
39%. Jun
6%
19
1
-2.50
—50
-
325
10%
12%
•'
United
8
capital-
Preferred
.
U
Club
4
12% Jan
-!
Nov
15% July
'
27%
1
Corp common
Commonwealth
Jan
VI9%
"
_•
—
——
Co
Common
Chrysler
1%
38% July
Sep
20%
preferred—_*
conv
General Finance
5c
__
—100
Quincy Mining Co——
Fruit
Chicago Towel Co
General/ American Transp
6%
10%
—100
—
11% July
10%
—
<>
Butte Mining—
Northern RR (N H)
United
Apr
19% July
Jan
11%
8 Va
*
ommon.
ponimon
Sep
Jan
iff
Drug
Chicago Flexible Shaft
13
50
19%
46
Apr
Jan
%
106%
United
' :
26%- Jan
100
14
4V'8
preferre I
9%
30%
49
—10U
Co
Convertible
34%
26.08
1
—1
North
Oct.
644
—,—_1
5%% preferred
New England Tei & Tei
Torrington
5®a
Jan
19%
1,000
Jan
65
3%
New York New Hav & Hartf RR— —100
Union' Twist Drill
8% Aug
Jan
13%
Va
8
55
Jan
948
32%
1
—
34
2%
——5
—
& Webster
4
250
.
34%
& South West Util com—50c
2%
35%
31%
*
-
•Nehi Corp common
Stone
6% May
4a,'a Aug
250
17%
20%
Preferred
27%
30.30
7%
•
100
Narragansett Racing Assn Inc
Mills
Jan
Nov
Corp—
88
34%
—50
—
Colony RR—
Jan
%
,•/, 150
3%
cap„*
rv
Se
125
7%
30.30
—
_•
_5
Maine Central RR common-—:
Nash-Kelvinator
34
/7a
—1
common
Mergenthaler Linotype
8
34
•
——;
Corp (Del)
preferred
8
—'*
,
Lamson
Shawmut
Jun
9% July
67%
Gillette Safety Razor Co
Reece
93
•
64%
1
General Capital Corp—
RR
% Jan
31
57%
-
.•
General Electric
Pennsylvania
:
64%
Engineers Public Service
Pacific
100
100
preferred adjustment
First National Stores—-
Old
1%
2% May
59% Nov
Eastern SS Lines Inc common——?
6%
1%
100
preferred B
Copper
%
3%
.
19%
Apr
17%
5
—100
6% preferred
——————100
Eastern Mass Street Ry common—100
G% 1st preferred series A
100
Kennecott
Sep
350
3%
10
Eversharp Inc conimoi
Co
Employers Group
6%
21% July
■i 1% Mar
3% Nov
100
14
19%
j.
Domestic Industries In
200
12%
.
11% Jan
8% May
Eastern Gas & Fuel Associates—
5%
Nov
34%
capital--
convertible preferred——30
Vtc
22%
100
class D 1st preferred—
Boston Personal Prop Trust—:
6%
Jan
7%
i..', :
\
—
-100
—
21%
22
-
class C 1st preferred—.——100
Stamped
.
3
200
1%
4%
common
•
Consumers Co—
Stamped
4%%
275
:
lOu
7%
'•
111% July
158% July
3%
Ring common———1
Brothers
31% Apr
24
740
18%
'
32%
Nov
•24
243
32%
——100
Jan
42% July
Jan
Jan
3%
17""'-
Chicago Corp common.——.
High
,
Jan
9OV2
8%
Wire class A pfd-—?
Cities Service Go
98%
class A 1st pfd stamped——100
class B 1st pfd stamped——100
Range
1,707
25%
32%
8%
Copper
156%
25
•
Calumet & Hecla
40
25
prior preferred
10%
28
.
Range Since January 1
Low
25%
128%
33%
Cherry Burrell Corp co nmon——5
r
-
^
High
155
\
Boston & Maine RR—
57o
Low
Shares
—.—100
Boston Herald Traveler Corp
*'
of Prices
28
,
155%
50
—
Boston Elevated Ry
.
,
100
...;
.————._—
Boston & Albany RR
Edison
.'T'Z;.;-'
Par
■
Refining—
Boston
'
Apr
Aug
19%
__———J——__—1
(EL) commbn•
—5
Piston
Burd
•"
inclusive, compiled from official sales lists
Friday
STOCKS—
.
Nov
6%
13%
,
*
90
•
7%
1%
Binks Manufacturing Co capitai.
Bliss & Laughlin Inc gommon.
Central
Nov, 20 to Nov. 26 both
7%
Jan
Jan
.•768
Common'.————
&
2%
40%
3%
Bastian-Blessing Co common——
Bendix, Aviation Corp common—
Berghoff Brewing Corp..—
Central
Tel
62% Mar
33a
com.
con mon
Central Illinois Securit
Anaconda Copper
High
'
Jan
Jan
11
100
107
155% 156%
4%
5
common—
Manufacturing Co
Campbell Wyant &
American
6
Oct
40
4,500
60%
American Sugar
51%
Nov
26,300
53
59%
Co
Preferred—100
Aviation Corp (Delaware)-.:
Conn-
indebt
of
3,450
.
Common
5s series A..—————.--1975
Transit
58%
40%
34%
1
common.
Browne Fence &
Atlantic Coast Line
Certificates
5
——1
C5
Equipment Corp
Borg
Baltimore
Low
58%
Cc
Tel
Automatic
28%
Jan
29%
&
&
Feb
65c
Mar
110
3714
84%
Jan
35c
Tel
Nov
28%
200
Jan
-
2,25 Mar
;
Nov
27
■'
■
Range Since January 1
High
C83/4
c mimon.,
Aluminum
Brach & Sons (E J)
Bonds—
Shares
Nov
29
Oct
24%
10
100% 100%
—--50
Ry
Fidelity & Guar
[J S
1.50
50
121
84%
50c
—25c
Co—
839
24%
27%
Amsterdam Casualty.,—,———-2
American
1.75
145-
115
133
25
100
Mt Vernon-Woodbury Mills pfd
North
Low
common-—:
American. Public Servic
Aro
Moore
for Week
of Prices
Power—
&
preferred
Fidelity
Sales
Range
Sale Price
High
Aetna Ball
Consol Gas
Week's
Last
Shares
18%
1.50
compiled from official sales lists
Friday
High
18
c_—•
c
Sales
of Prices
Sale Price
Nov.',70 to Nov. 76 both inclusive,
for Week
Range
Par
Bait
Chicago Stock Exchange
compiled from official sales lists
Friday
STOCKS
Exchange
Monday, November 29, 1943
12
July
6% Nov
,
29
14%
July
Nov
26% Jan
23% Jan
f
.
33
37% July
19% Sep
8:'a
Jan
July
S
Volume 158
Number 4233
THE COMMERCIAL & FINANCIAL CHRONICLE
2183
OTHER STOCK EXCHANGES
r
r.
• y
STOCKS—
'
Friday
'Range
•
'
Sale Price
,
Shares
of Prices
Par
i
-Sales.
' for Week
.Week's
Last,
r-
!
High
low
Northwest Bancorp common—! -15%'
15%
•{
*
15%
Range Since January 1
low
10% Jan
3Q to Nqv. 26 both Inclusive, compiled from official sales lists
16% Oct
.
1,000
Nov.
High
'
,
Cleveland Stock Exchange
,
:
-
Friday
Week's
/'• -! 6%;
" 6%
6
common
77b
550
•'
Jari
.4%
.
STOCKS—
8% May
Sale Price
(The)
Peabody Coal Co—
6%
preferred
—10
common.
./
—
25
-,
-■
100
'
Pehn Electric Switch class*A—•—
10
Penn Gas & Electric common A.-.—-
78
—
Pennsylvania
*
KK
L;
capital
—_50
Peoples Gas Lt ,<te Coke capital—
Perfect Circle (The) Co—
1
Potter
Co (The)
Pressed Steel Car common—————1
33
2
10%
2
10%
50
•
;
.
.
Preferred'-—^-—100:;;
Packing common--—
—_10
Reliance,Manufacturing Co common-10'
■
*
.
.
22
Spiegel Inc. commohii-—,
i--
-.7
Dredge—'•
Common
&wiit
.l
16
450
10%
16
28,
Trane
1214-
common
'/
48%
12%
12.%
366
-42:1 Jari
'87b Feb
■
100
••••
13%
<19%
:
,
.
11%
11%
2
—
■
j
47%
Transcontinental & West Air Lines—'-5
163-
19%
700
..
,
/
U
8
Gypsum
U S Steel
7%
Co
common—
78%
79%
346•
„
23%
69
23%
71%
477
69
20
common——.
cumulative
78%
*
5
50%
—
preferred—-—100
Utah Radio Products common
15%
—
'
._1
90%
Western Union Tel common———100
———
1—<•
"
'
12
—
u-*.
•;
—
Cumulative prior preferred——
Williams Oil-O-Matic common————V
Wisconsin Bankshares common
*
Woodall Industries
Wrigley, <Wm Jr» Co capital—-J-,
Yutes-American Machine capital-^
Zenith Radio Corp common
•
.•
Unlisted Stocks-*-
'-"X.
■
American Radiator & St San com——•
Anaconda Copper
National
Atchison Topeka & Santa Fe com.—100
Bethlehem Steel Corp commons
Curtiss-Wright
General
Co„
(Glenn L)
Nash-Kelvinator
—
0
—
-«
Co common—.
49%
,7
3V* Jan
87
58% Jan
530
4% Jan
19% Jan
1
Jan
605
;
-v'810
405
8%
Dorn
Iron
35
36
100
30
16
Pictures
14%
Radio Corp of America common^
Republic Steel Corp common—.—,.
..,»•
55
65
7
,
324
•
357 b
,67a
,
150
..
6 % Nov
•307b
1,889
'
3%
1
Apr
100
1%
Jan
7
Nov
13%
25
11% Jan
15
July
,
common
New
York
Ohio Oil
Central
Republic Steel
U
8
50
RR
—
15
15
—A
Jan
;
310 .*
!
ft38% a38%
A.-.'
•
——
30
,
a6%
"•
15%
NOV
630
6%
Jan
15
389
10%
Jan
20
24
:
.
237 b
200
157b
Jan
30
153
26% Jan
40
1674
600
97b
220
5
Jan
16%
360
14
Jan
24%
Sep
"■
27%
27%
''!•>
a51% a527b
100
.
l
•
Friday
:
Par
———100
1274
'
L
46% Jan
13%
Crank
'Week's
Range;',
of Prices
Sep
Jan
Friday
Last
Sale Price
*
/
—.
Continental
,...
low
.
25%
10
152
110
Motors
York Curb Asaociats
15
6.
91
Edison
104%.104%
Sep
Eureka
28% July
10
Nov
,
110
10%
40
7%
425
102% 103
5
..
75
8%
75
8%
75
8%
190
Cincinnati
72
72
72%
382
Telephone
:
—
50
8
8
75
10
7%
Eagle-Picher
Early
.
16% -16%
—
Brewing
common-
60
July
-4% July
103
Nov
Goebel Brewing
Graham-Paige
^
—-—10
10%
Daniel———.
*
&
—
Formicf Insulation
*
——
•
•
■
,
Feb
Jun
Hudson Motor
Jan
Jan
10%
165
31%
16
30%
30%
266
Car
31%
31%
120
247b Feb:
91'-,
Jan
28%
Jun
10
Kresge (S S)
common-————
common-——-———-2
Jan
—•
————
.
31%
32% Mar
•
35
•
.ov'
55 y8
547a
55%
Oct.
Packard
common!———
40%
407b
411
48%
Jari^"'
25
3078
•;
-58
Sep
Motor
Davis
Car .common
U;
1.—10
Playing Card—,—Printing—
S.
—•
—50
Preferred
9
__
—
•
52%
9
53
146
42
4% Jan
1,850
3,810
3
Jan
17 A Jan
4%
20
4%
20%
16J%
'15
200
10
Oct
Jan
54
J
Parker-Wolverine
common
—■
common—1
25
;
—*
127A
__
—
127b
12%
I4ab
14%
10% Jan
60
4%
95
' 4.
336
10%
•
2
16% July
15% Aug
Jan
Jan
■
57b
Jun
Tivoli Brewery common
Union
U S
General
standard
Motors
10
Brands
—*
Tlmken Roller Bearing
For footnotes
see
A
page 2187.
—
27%
—
49%-50%
188
277b
277b
49
44%
44%
10
.
44J/4 Jan
25
Sep
417b Jan
■
May
4% Jan
1% Mar
4%
4%
4%
515
31/* Jan
6% Jun
3%
3%
245
1
2%
1%
3
1%
300
300
oic
7
7
200
4,» Jan
2IV2
21%
22%
485
19% Jan
23% Aug
4%
4V8
4'A
300
2% Jan
4% Nov
1%
8%
1% '■/
9/«
600
235
2%
2%
400
1% Jan
3%
3%
176
2.2 Jan
May
2% Nov
4% May
Jan
; 2%
Ira
jan
6% July
•
—
8%
2%
—
•
1%
—*'
—
2% Jun
1%^ Jan
5/8 Jan
IV4
1%
1,200
2%
2%
300
11% July
3% July
5
9
9
/8
100
—1
—
—100
100
2%
100
2%
112
100/2
120
_VA Jan
100
Nov
—1
common——*
common—
1
Investment
Radiator
—
—
-
Warner
Aircraft common
Wayne Screw Products common
May
32
May
10
1% Jan
30
370
,
11% July
2S
Jan
5 ;0 Jan
7bc Jan
30
—
.
May
1% July
3%
Jun
.2% July
100%
Feb
2% Nov
2%
2%
200
1% Jan
5%
2%
5%
2%
300
100
3% Jan
1% Jan
3% Jun
1%,
3%
3%
5
iuo
557b July
297a -Nov
49% July
3% May
2% May
Jari
-
Simplicity Pattern common
(Fred'k) preferred
—.a.————*
;
'Apr
22% July
171
100
600
Nov
River Raisin Paper common
Stearns
Columbia Gas
,i.7% May
Jan
UnlistedAmerican Rolling Mill
City Ice & Fuel—-—
July
4
.
6%
2%
July
Jan
38
!
Jan
3
69
1
common————*
Peninsular Metal Products
U S
250
jan
32%
-1
—10
Michigan Die Casting common
Murray Corp common
Parke,
Procter & Gamble—.
5
13% May
Park Chem Co
Kroger—
Jan
Jan
475
200
6%
2%
common—7
23% July
16%. Jan
7%
.
21
75c
25Va
3lU
74% July
Jan
10%
7V» May
30V2 Jun
5
Hall Lamp common—-——
9
31%
High
low
4% Jan
250
9
—
common————1
1
75
7V*
6%
2%
5
1
common——
Jun
9%
Range Since January 1
High
25 Va
3%
16%
w-
—3
—1
General Finance common
Feb
76
.
,
11
Jan
100
4%
20
-^5
LaSalle Wines
—*
——
—
Nav common—10
—20
cofnmon——
Vacuum
Frankenmuth
Jun
Jan
2% Feb
81%
51
Cincinnati Post Terminal preferred-100
Cincinnati Street
,———50
Cincinnati Union Stock Yards—8
V1.; '
.
Nov
107%
Mar
99%. Jan
1
ip
5
25%
common——
Detroit Steel Corp common—
.
Crosley Corp
,
High:
20% Jan
4
2Tb
2%
103
'f
Sales
for Week
Shaics
Week's
Range
of Prices
6%
*—
1
common
Cleveland
&
Detroit
Range Since January!
High
-1
:
common-A
common—12%c
Burry Biscuit
Detroit
Shares
10%
—
—
■
compiled from official sales lists
low
Briggs Manufacturing
Sales
for Week
110
110
--——5
—
Detroit Slock Exchange
Nov. 30 to Nov. 26 both inclusive,
Gar Wood Industries common
Cincinnati Ball
ZZZ
•
—
—
DETROIT
Jun
46%
257b
from official sales.lists
10
10
Cincinnati Gas & Electric preferred_100
zzz
■"
;
Exchange d
25%
—.
——
—
New
Sep
5% Jan
50
60 Jb
450
39%
low
.
.-ZZ
Z/ZZZ
104 ■:
Ford Building
'
Preferred—
■
Chicago Stock Exchange
V
365
-
117a
Sale Price
Champion Paper preferred——100
Churngold
*
zz
•
197y*
9% Jan
213
54
39
—w'
Last
.
ZZ
Detroit Stock Exchange
29'b Nov
"a
53%
-8
—
20% July
87a
„L
Baldwin—.
—
May
127* May
16%
Machine—.——20'
—•
'.
July
Nov. 20 to Nov. 26 both inclusive, compiled
American Laundry
J
Z
106
July
37%
-L.
■
m
New York Stock Exchange
May
157 b
;
.
May
May
•
STOCKS*—
20
.:
WATLING, LERQHEN & CO.
Jun
16%,
Cincinnati Stock
v
'
25
.:
al6% al7%
'
—
—■
.
al6% al6%
—i—:*•
Baldwin Rubber common
,
Jan
al5%al5%
r
*
Par
'
—
—
9%
a 35 7b
a6%
4
—
STOCKS—
7
—
.
—
162
a357b
'
—
—♦
common—
—
9% Apr
10%
U. S. Rubber Co common——10
'
34% July
—
—
605
15%
a34% a35
:
*
:
common.,
Steel
397b July
23%
/
23% Feb
625
15
common—
9 V* May.
•
Jan
17%
1
——L
-
Jan
7% Sep
2% May
500
6%
13%
;
3
'
17,»,
6%
Apr
15 71
■
New
—
1%:
__
^
common—.—.
July
69
.36%
Standard Oil of New jersey capital..Z25
Studebaker Corp common—,
1
3% Feb
■
21
.
a41%a41%
Works——
';.3l% -.-Apr•
Nov
177 b
•
Standard Brands—
18'% Mar
Jun
.
107 b
<•
♦
36% May
Jan
2%
Jan.
.Oct
Members
♦
common.
-
July
7
21
.Jan'
50
Telephone: Randolph 5530
Paramount
Pullman Ino capital—
Pure Oil CO (The) common-
Jan
.Feb
100
—31%; 32
Industrial Rayon common
Interlake Iron
Oct
IS1* "
.
19
Inc—a29% a29%
Products
15
9Va, Jan
%4
12
ii%~Jun
/ 45,% Jan
157
655
3%
Apr!
25
—.—
200
5!»
al3%a!3%
' a8%. a8%
—
—
11%
31/*
————
—
39
.
35% Feb
•
6ya Jap
57
—
Jari
18%' Jan
323
'
16
—
TVcMay
37% July
35%;
54 ^
21
36
■
—
70% Sep
50
f
;
—
19
—
General Electric common..—„——.a.
6^i Apr
,
16% Sep
Unlisted-
99
Nov
4% Mar
-
l%Feb
250
-•
peb
30%
126.
51*
Firestone Tire & Rubber common——10
Oct
13
177b,
•
Van
Oct
10%
i.
Thompson
98% July
Jan
85% Jan
40
100
8%
; 6%
'347b
-■
„5
Corp——
;
21
—
————
Richman Bros.
July
5%
,6%
New York Central RR capital—.—
5%
'
700
8%
Interlake Iron COrp common—
Martin
-
••
60
—
22
34li
U%
—
Patterson-Sargent
July
26
80% Jan
./
/
■
18% Jari
26% Jan
*..
—1■ —;'
—' *
34 7b/
—;
'
28
31%
29%
,
^
——
Electric
Jan
48
.
a34%
33'%
——
Nestle LeMur class A,
Jun
66%
5%
25%?\ 24"?«
•:•. ], 52 •
I 56
4
.
.
a34
5%
Refining, newL—«
National Tile
Apr
4%
5%'
V
,
Mining—-—^-50
8%
65%
'
20%
65
..2%'
AV*..
J- ,
5%
.29%
;
98%
2%
-
Jan
40
Oct
July
Jan
11%
15
—
—
National. Acme——
'
59% July
125% July
4% May
.
Jan
2
50
7%
7%
-5
—
:
98%'
2
common—
12
Jan
112%
270
120
50
121
a20% a20%
Metropolitan Paving Brick——
74% Oct
50 *
,
18% July
Jan
,113% Feb
32% July
/477 b Jan
925
.
Apr
30
341*
——
McKee (AG) class B—
Medusa Portland Cement—
July.
59%
48
2i2:?»
43 %»
91%
43
,
Westinghouse Elec & Mfg common—50
Wieboldt Stores Inc common—
26
22^%
—
-
3%
25%
,
.Wayne: Pump Co capital--—
52%
3%
15%
a38Va a38%
-
—*
Jones & Laughlin
..Leland Electric
Jun
Mar,
16% Jan
75
121.7 b
120
Walgreen Co common——
,
SO1/*
:•..
—
13%
86%
/• 76% Nov
57
-
,71
—
10%
40
-
Jan
59
—
375
57
Standard Oil of Ohio———25
Union Carbide & Carbon capital
United Air Lines Transp capital
14%
Kelly Island Lime & Tr——
53% July
15
July
14% 'Sep
25% July
8
Jan
15% Jan
.
51
13%
105V2 105%
--
—
———#
Lamson & Sessions—
,
14%
IB1,*!
18%
r27%. ' '. ',456;
22% Jan. *
27,%
28% ■.*255 ..'27%' Nov,.-!!/ ,35%
26%,
:
,
%
3. July,..,
38% July
■$..
Jan
650.;//l47a Jan
>
.
Steamship
Jaeger Machine
,
28% Jan
.
—
24% Oct
14
.May
90% Sep
47b Jan
34% May
13% July
,.*27% Apr
8% Sep
1% Jan
935
—
;
■
••
.
2lV
337b/
—
Goodrich B F———
Interlake
3 - Jan
'7' r./■
..,2
,.
47%,
(The«
200
10
—
—
—
240
Goodyear Tire & Rubber——
...
.
250
(5
1074 /!;, 10%
Texas
Co
22
6
:
,—5
,
Jan
19% May,
■!•">.
61?
all4
9% Oct
Jan
6V.»
,
41
64
A
Fostoria Pressed Steel—
'
al4V* al4%
all4
—
>100 '
—
100
9%
.
—
*
High
low
%
,
LA
Chemical preferred
Electric Controller
-
-.Mar, "
40
297b. Jan -,
10 .; Jun
:20, .July.'..
,
.470
Dow
Mar
155
„
Jan
7% Jan
59% Jan
3.
Mar
,,' 32%
Corp capital-'—25
Thompson (J R) common—25
i
,
"
2
Co capital
-——25
International capital.——15
190
*
.
92.
C-J97:
200.:.
.
22
.
32%.
as
8wift
,
.„
11%
:7y
1
-25
capital-
Stewart Warner Corp common—5
Sundstrand Machine Tool common—5 L
V
3%
34
.
—
Indiana
of
3%
33
,10%
.
V.
300
304
v
.
Jun
'1
——»
Cleveland Cliffs Iron preferred
Cleveland Electric Ilium $4.50 pfd
Cliffs Corp
common-—
13% Jun
,
34% Apr
.14.
Jan
.
400
1174%
^3Vh
J
Jan
•
City Ice & Fuel_:
.
2% May
147% Feb
50
10
34
6% Jan
; 7Q
250
22%
10%
82%
,
Sinclair Oil Corp—
——•
South Bend Lathe Works,capital—5,
Standard Oil
i
'j
,
% Jan
,
.
17% Mar
1%May
33
May
617b July
■
Jan
22;
20
37%.
,21%
common
.
;
600
...
.
152
37
Signode Steel Strap Co preferred—--30
Standard
,7
,
—IV/z -AlVu
capital—\—L.—-—l' ■.11 % •
Bears-Roebuck & Co capital—'
Serrick Corp class B common——1
'
577
240
.
84VV
151
ix
:
Schwitzer Cummins
•
■
78
iV Jan .23%, Jan.
46*% Jan
.
40
78
Rath
Sangamb Electric Co
55%
7
-.—^—-•
common.
25%
_J
common-____--_i._„l
Quaker, Oats Co
24%
55
33
..
86% Jun
.
14% Jan:
100
33
a,
Feb
70
100
,
2.4%'
100
—
50
/%
'
.
,
Range Since January 1
Shares
High
9%
*
i
17%
%
low
American Coach & Body—
•
,
78
17%
,
25% Nov
14% Jan
200
25
•'
for Week
of Prices
Par
Parker Pen Co
Sales
Range
Last
Omnibus Corp
1
—•
1
4
»_
3%
5%
Oct
1% Mar
Oct
J ,4 ucw
Mar
2184
THE COMMERCIAL & FINANCIAL CHRONICLE
Monday, November 29, 1943
OTHER STOCK EXCHANGES
Los
Angeles Stock Exchange
Philadelphia Stock Exchange
compiled from official sales lists
Nov, SO to Nov. 26 both Inclusive,
Week's
Friday
Last
Nov. 20 to Nov. 26 both inclusive, compiled from official sales lists
Sales
Friday
for Week
Range
Last
6TOCKSPar
Aircraft
Accessories, Inc
Bandini
Petroleum
Barker
Bros
5%%
—
—
Consolidated
Corp
Corp
Chrysler
Exeter
class
Ltd
Paint
50c
Oct
1.80
1.45
13%
13%
•
500
;
77
:
—.
—III
21%
50%
•
45
30
1.90
1.90
49%
50 Va
81
10%
Jan
0
Nov-
54%
708
45
20
Jan
1
2,100
8
Jan
44%
:
Apr
'
6 V2
-
100
,
5
Jan
210
6V2.
9
General
66% July
May
/; 50
2.24 May
55% July
7% July
Jan
46
7%
Hudson Motor Car Co..——
Mfg
1st preferred
6%
Pacific
Petroleum
Republic
Oil
Richfield
Corp
Warrants
878
65c
65c
500
1
950
y7%c
_
Oil
Standard
Sunray
Co
Oct
46c
—III
Jan
40c
70c
Nov
1.80
May
.10
Jan
133
16"%
Jan
38%
154
33%
Jan
43
49%
49%
;—"
Motors
50%
44
Jan
56 Va July
8%
—
1st
Salt
preferred
_1
—50
50
.1
*
Corp...
Scott Paper common
Oil
Sep
Class
522
30%
Jan
Transit
45%
39%
Jan
36% Aug.
48% Sep
24%
5%
/ £ 832
30
75c
,
75C
f
825
4
Tacony-Palmyra
Jan
34
Jan
7%
44% July
6% Jun
11% July
1
//
214
25c
Jan
1.50
3
Nov
8%
863
4%
jPvn
9% May
M0
3%
Jan
8% Mar
24%
25%
2,049
20%
21
4,720
16%
25
1,091
23%
114%
Jan
115% 116%
21%
21 Va
14%
15%''
33
14%
33
23%
A
United
$3
10
13%
26%
Jan
2
2%
Jan
11%
Oct
38%
100
37%
Oct
43'/a
Feb
60%
72
48%
Jan
63% Mar
30
30%
50
22
Bridge-
Oil
.
California
43 Va
43%
10%
10%
80
7 Va
Jan
2%
2%
145
2%
Jan
152
%
Feb
Sep
1% July
239
ii[
J&n
2% Aug
•
—-*
1%
1
Va
48
31%
31%
34 %
184
17%
Jan
35%
Sep
2%
———
2%
•2%
9.301
1%
Jun
2%
Jun
Jan
227/o
2,514
21'/a
Jan
25 y4 July
2,100
90
-
35%
13
July
43
43
50
39%
Jan
30%
3014 /
278
29%
Nov
32% Aug
29 V4
•'.
29%
815
28%
Feb
32
Sep
37
Sep
34%
34%
187
32% Mar
21%
24%
648
16
35%
21%
•
36
44%
4%
4%
■'/ 722
.
160
1%
Jan
.
6%
Week's
Sales
Range
Friday
39% May
Jan
'
Pittsburgh Stock Exchange
Nov. 20 to Nov. 26 both inclusive, compiled from official sales lists
30% May
Jan
28%
v
Sep
for Week
Last
Sep
STOCKS-
' *
—2
7%
7%
7%
1,886
I8V2
18%
18%
1,135
3%
3%
200
3
Jan
4
Sale Price
of Prices
Mar
5V4
5V4
100
3%
Jan
7
Shares
Range Since January 1
Oct
lc
ic
lc
Sep
lc
Sep
Fort
6%
Jan
Jun
National
—
/
3%;
6% Jan
15%
10
May
22% Julv
Jan
'.M-;.':Blaw-Knox
Clark
Mining Stocks—
Alaska
Juneau
Mining
Imperial Development Co
Unlisted
10
Co-
,
Ltd!—— _.25c
American
Tel & Tel Co——
American
Viscose
a8%
Smelting & Refining Co
a37%
100
a
9
37%
155%
200
37%
155
156%
Corp.——.
—.—14
a42%
42%
42%
Copper Mining Co
Armour & Co (111)
>50
25%
25%
25%
Anaconda
Topeka & Santa
Atlantic
Refining
Aviation
—5
Fe
Corp,
Baldwin
Bendix
Oil
a26 %
3
a3%
13
16%
v
t
c.
92
5%
a3%
50
a3%
16%
11%
39% Aug
43% July
156% July
131%
Feb
32%
Jan
41V2
.24%
Nov
31% Jan
70
170
a26 % a26 %'
3%
Jan
6
Nov
July
48
Jan
64% July
21%
Feb
27
3% Nov
59
16%
300
10
13
Jan
19
35
33 %
Nov
Bethlehem Steel Corp..———
60
55%
Nov
69
6
8
360
4%
195
3%
3%
400,
3%
Corp
8
55c
Pittsburgh Plate Glass——
—25
r—i
93%
4%
1
3%
13'8
Jan
3% Nov
Nov
Jan
95c
Jan
98%
84%
4%
Jan
25c
360
Jan
Nov
..
Jun
9%
Jun
Mar
6%
90c
Oct
Apr
Aug
Brake--—.
3%
2,400
2%
Jan
3% July
1
5%
5%
6%
97
5%
Nov
*
Steel Springs.-—.
Air
5%
8
25
70c
8
Jan
25c
15
4%
70c
Jan
2
1,200
11% Jun
6%
447
55c
—X
Shamrock Oil & Gas common
8%
55c
93%
*
High
Jan
20%
20
20%
98
15%
Jan
9% May
24% May
38% July
56
208
7%
J?
Pittsburgh Screw & Bolt Corp'.——--*
Renner Co
Westinghouse
15%
:
——10
Gas.
Standard
33%
8
-1
Fireproofing
Low
7%
4
*
Fitfc Brewing—-—
&
High
7%
common..—*
Apr
al5%
Corp____——:——5
7%
Electric
Jun
6%
a33%
Co——5
Aviation
338
341
53%
53%
———.25
Co
Locomotive Works
Barnsdall
a5
Ry~.100
50
Low
Par
Candy.
Gas
Lone Star
—•
American
Atchison,
4,000
Stocks—
& Std Sani Corp.—,
Amer Rad
5%
;
;>r
Co—
(D L)
Columbia
Gold
2% May
4% July
22%
m:
■
Portland Cement pfd— —10
Yosemite
31
%
1%
Improvement—
distribution
Ex-stock
25
Corp
of
Jan
i7a
1%
iV
25
'
Union
33% July
46% July
July
3%
\
Transamerica
22% May
•
38%
common—........—_
Gas
Get
57%
38%
*
—
Corp
Apr
21%
26% Aug
120% Aug
26% Juh
Nov
50
32%
Jan
14%
9%
9%
participating——.————*
Corp common——:
25
preferred
United
Jan
101
7% Jun
5% Sep
Apr
26
V.r
Apr
24%
5% Mar
Jan
Sep.
4%
20%
Invest
Preferred
May
3%
22%
•
.391
May
Feb
2.10
25
600
95a
.
Jan
34%
—
24%
.-——50
Sun
35
V 172
82
8%
—______—3
.
—
Oil
Dome
30%
39%
5
4%
-50
—,
Corporation
36c
1,000
1%
42%
38%
Jan
Philco
24% Mar
Jan
Apr
41%
41%
—
Battery.
Jan
Feb
Nov
July
85% July
7% May
45% Sep
3%
Jan
9%
pfd A_ —.25
California—.
67%
Reading Co common—:
July
Jan
a
—
of
50
2%
Jan
Corp.——..I—1
Oil
76%
5
Philadelphia Electric Co common..—*
$1
preference common
*
4.4% preferred —————.'———100
July
a
•
—25
ou'mnern Pacific Co
76%
common-
740
9c
3%
Ltd—— —25
Calif Gas Co 6%
Southern
10%
135
23%
30
*
preferred C
35
Jan
4%
309
9%
Original preferred ——. —.25
25
6% preferred class B———
5%%
19% May
Mar
6%
5%
29%
5%
30
<•
—
Jan
17%
4%
22c
39%
1
Edison Co
13%
V:
11%
60
50
,,
5%
45%
—
Calif
27c
100
240
7 Va
•
•
Safeway Stores Inc
Sinclair Oil Corporation-——
Southern
2,100
:,:
17%
32%
4%
34%
•
■
16%
32%
7%
5%
22C
a
———-——
Solar Aircraft Co
Jan
Sep
7 %
Corp
Pennsylvania RR
29 %
22c
:- —1
Ryan Aeronautical Co
2,700
14c
Oct
158%
Jan
Pennroad
10% July
2% May
•
57 %C Mar
1
1
*
common-
Jan
Jan
•18
14%
.—25
—
4%
32c
common- _IIIl
Co
Rice Ranch Oil Co
250
32c
—10
—
800
1 Va
13%
25
Indemnity Co..
Pacific Lighting Corp common-
48%
33c
1
————
41
Jan
35c
1
common..
'7%
1 Va
1
Corp.—
Electric
&
Gas
Jan
13%
'f.
__1
—
Petroleum
Occidental
Pacific
Co
26%
127%
National Power & Light————*
Mar
34
327
33c
...10c
Lincoln Petroleum Co—
46
7%
>
1%
10c
Lockheed Aircraft Corp
Mascot Oil Co..—.——
65
34V2
14
288
"
■
Hupp Motor Car Corp.———-—-rnii
Intercoast Petroleum Corp
12%
a34%
#
■
Hancock Oil Co class A common-
Menasco
12'%
•
Co—.
Rubber
Tire &
Goodyear
12%
& Co—
McBean
;
High
16
16%
—5
Co
Low
156 Va
32%
Lehigh Coal & Navigation—
Lehigh Valley RR
Sep
'
Gladding,
155
11% Mar
*
c
Oct
22%
Pub
Range Since January 1
60
13
Prior preferred
10% May
•;/
155%
15
Corp preferred—50
-
Electric Storage
Sep
Jan
100
49%
:— —2.50
-*——— ..2.50
Jan
19% Aug
3% Jan
'
60'
;
Sep
Nov
.
50
Curtis
Jun
53%
5%
6%
1,158
7
28%
Jan
Securities
Chrysler Corp
July
68%
1,095
a48
i
19
,v
50
9%
21%
'
-
Bankers
100
—
-
Budd Wheel Co
Jun
14
23% Mar
300
a7
'
2.05
Tel:
&
Shares
High
14%
—
Mar
Jan
7% Jan,
40
5%
21%
2.00
■!.
Tel
Baldwin Locomotive Works v t
1% July
Jan
75c
100
25%
47'%
5 %
—
1.35
186
9 Va
«
Corp common——.
223
.
Feb
m
'
a76%
.III
A
.,/•
47'%
•
5
Co
100
1.90
25 V*
—
Corp
Kleiser
General
Jan
•
1,500
l.
3/4*
1.30
•
Metals
10c
%
*
America..
Co
Oil
&
35c
American
Sep
Sep
—
—
Aircraft Co Inc.-
Foster
15
47
■
—.
1
—
General
Feb
Jan
:
;
Z100
Preferred
Douglas
7
30%
common-
Co
Corp
of
50
10
135'a
Consolidated Steel Corp
Creameries
11%
...I
Packing
Aircraft
Cessna
Jan
3%
Low
—ill*
American Stores
Sales
for Week
Range
of Prices
Par
4% May
5% Oct
35c
...1
—.2
Corp
High
Feb
45%
.1
__
—
—;
Investment
Central
1.80
45%
Broadway Dept Store Inc commonCalifornia
950
450
all%
r.
:T—50
preferred
Oil
4%
0
Berkey & Gay Furniture Co
Chica
Low
2%
4%
"
Company
Blue Diamond Corp
High
2%
4%
"'M'.
M—'"
—.1
—
Corp common
Barnhart-Morrow
Bolsa
Low
,_50o
Week's
.
Sale Price
a55
55
12'A
Feb
19% May
July
July
Boeing Airplane CO—-i:~5;;
a
12%
al2% al2%
20
15%
Sep
15%
Sep
Borden
a28%
a28% a28%
25
28 %
Aug
29%
Sep
a43%
43%
45
42'/a
4%
70
2
86
22%
15
Co
Caterpillar Tractor Co————i——///-Li
Columbia Gas & Electric Corp———*
Commonwealth Edison Co
Commonwealth
Consol
Vultee
Continental
Zellerbach
1
&
Share
Electric Power & Light
General Electric Co
Foods
Goodrich
Corp
(B F)
a4%
a4%,
200
195
Corp
Jun
Jan
26%
4V2
20%
29%
7%
15%
.15%
185
15 y8
Nov
535
6%
Nov
6%
6%
al6%
16%
120
7%
7%
100
5
320
*
4%
17% Nov
4
Mar
2
Oct
9%
Nov
6
May
31%
Jan
39
July
192
35%
Jan
42
39
30
165
36%
Apr
■»
a23%
23%
23%
120
27
Nov
26%
26%
26%
225
26% Nov
36
31%
31%
418
30
Jan
35
Libby, McNeill & Libby—
7
6%
6%
100
a55%
55%
6
Loew's Inc
——
—.
Postal Long Distance
Bell Teletype SL 693
Chicago Board of Trade
Oct
»
6%
CEntral 7C00
St. Louis Stock Exchange
Associate Member Chicago Mercantile Exchange
New York Curb Exchange Associate
Jan
126
40
Great Northern Ry Co.—
„
Phone
New York Stock Exchange
.
Chicago Stock Excb.
35%
a35 ;
*
5%
54
Jan
Apr
39% July
28% Aug
8%
Mar
St. Louis Stock
Apr
Jun
&
Robbins
Inc.—
Montgomery Ward & Co Inc
New
York
Central
North American
North
a22
22
22%
—*
.
RR
a44
44
44 y0
15%
16
_»
—
Aviation,
American
:_18
Inc.
Co__
—_
Motor
Car
Co
Pullman Incorporated
Pure Oil Co
Radio
»
.
al5%
Steel
Week's
Range
___*
—I
*
Inc
Oil
Company
Co
(Indiana)
Corp
25
J)
(N
;
240
12
Jan
21
2% Jan
5
25%
134
24
Jan
31% Apr
20
21%
Nov
23% Aug
37%
65
33% Aug
35% Nov
15%
100
8%
8,%
120
16%
350
a82%
12%
5
Jun
23%
50
17%
Jan
26%
*
18%
18%
100
12%
Jan
21
July
Brew common...
1
Griesedieck-Western Brewing common."
12%,
28
110
Jan
13
Nov
28 ,■
Jan
28 Va
Nov
—1
Dr
Pepper
common....
common
23%
Falstaff
common
12%
International
common—^
87
15
July
29% Nov
32%
45
28%
Laclede-Christy Clay Prod common..."
Feb
36% July
Laclede
53%
11
47%
Jan
6%
120
50
7%
17
5%
Jun
Sep
Oct
7% July
Jan
38% July
Nov
Jan
Nov
,
6%
*
10 %
60
32%,
a9
9
39
59%
7%
Jan
Feb
5%
Jan
Feb
July
23%
Coca-Cola Bottling
29%
24%
page 2187.
High
7% Jan
43
6%
35
108
& Mfg Co
Woolworth Company (F
W)
Apr
Jan
Jan
122
390
Westinghouse Elec
5%
31
3%
412
12%
a
.10
~iq
Low
244
75
12%
'
48%
43%
12%
13
78%
a78%
-
6
5%
..10
83 %
a53%
__
6
5%
Century Electric Co._
27%
a32%
—
Range Since January 1
20
12.
a26%
Shares
High
38%
a27%
__
of Prices
Low
38%
Hussmann-Ligonier
26 %
.
Sale Price
Par
>.
20% July
11%
.
July
12% May
Jan
26%
»
19%
Jan
14 %
STOCKS—
American Investors common——.i——.*
Brown Shoe common
*
official sales lists
Sales
for Week
July'
May
20»/«
a
11%
United States Steel
Corp
Western Union
Telegraph Co
see
18% July
26%
...
Co—
Jan
1
Lines
For footnotes
230
3%
10%
al5%
."22'
I"
25
Aircraft
U S Rubber
16%
8% Nov
—.—25
_
—_
(The)——w—__
Company—_100
Transport—..
5
Corp.
_u———5
United Corporation
(Del).;—
*>
United Air
20
24%
———.A
Associated Oil Co—i
Union Carbide & Carbon Corp..
Union Pacific Railroad
United
Apr
15% al5y8
a20%
—25
Stone & Webster Inc—Co
*
—
Oil
&
Apr
14
16%
Standard
Texas Corp
Tide Wa'ter
20y4
Last
21% May
48 y8 July
Jan
May
a37y8
———
Standard
Swift
Feb
10 %
350
a24%
_
Studebaker
36%
8%
a20%
25
Corp
Brands
21
67
3%
,22L
Sears, Roebuck & Co
*
Socony-Vacuum Oil Co———15
Standard
a
90
615
16%
:
__50
—.
of America
Corp
8%
"
Pennsylvania Railroad Co.
Phelps Dodge Corporation—.
Republic
1
—_*
Ohio" Oil Co
Packard
15%
Exchange
Nov. 20 to Nov. 26 both inclusive, compiled from
63% July
Friday
McKesson
2, Missouri
Members
9% May
International Nickel Co of Canada
Kennecott Copper Corp—
_
North 4th St., St. Louis
300
Apr
17%
.
40
*
——
Established 1922
May
July
16
Feb
Apr
37
Jan
70
Edward D. Jones & Co.
Oct
1% May
Jan
Nov
20
6%
St. Louis Listed and Unlisted Securities
Apr
5
30%
1
;
%
10
45
a4%"
5
.
Co
Co
/4
10
Jan
Jan
a30%
l
—.
General
a24
%
■
10
_5
—
•
Bond
10
5
Class A
•Electric
a24
-■>.
__
1
Corp
Curtiss-Wright Corp
a24
*
Corp—:
Motors Corp
Oil Co (Del)
Continental
Crown
—.25
Southern Corp--,
&
Aircraft
a4
79%
a95
30
\,Sep
9% July
13
May
26% Aug
50 % Aug
42%
Jan
300
9%
Jan
81%
Oct
84%
Midwest
95 %
10
18%
Jan
29_
50
27%
Jan
39
20
Jil
Jan
38
iy8
Apr
38
120
33
Mar
45
50%
100
Sep
% May
2% May
38
•
*
Portland
Cement
36%
common..25.
National Candy
52
366
48
Jan
59
44%
44%
150
35% Aug
50
a
90%
9114
156
82
Jan
10
a
35%
36
145
36
Mar
common
Dry Goods
...
28%
5
Jan
130
32
15%
Jan
16
15%
16
150
14%
15%
15%
15%
100
12%
341%
335
12
33
■
8%
Louis Bank Bldg Equipt com...
*
Stix, Baer & Fuller common...... "10
..15
Wagner Electric common
221-
6
common.——
St
36%
16
:
Rice-Stix
•:
57/a
_*
—
36
15%
.20
common———
Piping & Supply common—'"
Missouri
80
a23%
23%
a26% a26%
al%
Shoe
15% July
31
Steel
2%
2%
7%
Apr
18
Mar
Jan
20
Mar
Jan
16% Aug
14%
Jan
40
6%
Jan
10
Sep
r
; 8%
2%
15
2
July
-
3
Sep
Nov
9%
9%
30
6%
Feb
10% July
31%
32%
70
24%
Jan
34
98%
31%
98%
$5,400
90%
Feb
99 %
63%
63%
3.000
53
Jan
71
Oct
Sep
July
48%
Oct
82
Jan
40%
Jun
BONDS—
St
Louis
25-year
Pub
Serv
conv
inc
1st
mtge 5s
1959
.1964
63 %
Sep
May
2185
FINANCIAL CHRONICLE
THE COMMERCIAL &
Number 4233
158
Volume
LISTED MARKETS
CANADIAN
Montreal Curb Market
Montreal Stock Exchange
Canadian
Nov. 20 to Nov. 26 both
Nov. 20 to Nov.
20 both inclusive,
Abltibi
v
I100
v
Canada pfd
Corp
Electric
Amalgamated
Breweries
12
155
23%
_2%
"Mills—111 ZZ—ZZZ-
Brack Silk
Calgary Power
:
Preferred
Canada
Northern
Canada
Steamship
5 %
Canadian
Breweries
Preferred
pfd
Preferred:
Canadian
,
Class
Distillers Seagrams common
&
Sep
25
4%
.
9%
11%
33%
b31
3%
Jan
6j/8
3%
Jan.
6
Feo
7%
100
9%
152
37%
Nov
46
29
July
22
33
Sep
36%
36%
960
15%
Jan
41%
Nov
11%
126
499
7%
Nov
11
9%
80
5%
Jan
7%
74
7%
4%
Prod————.0
7%
60c
60c
60c
———_0
6
55
96
Apr
72
Nov
81
July
156
4 %"
5%
50c
500
L45
250
4%
125
40
,65
47
47
25
11
100
2%
150
3% May
85c
Jan
2
Jan
3%
Jan
25 Via
Jan
77
Apr
39 Va
Jan
48
Nov
8%
Jan
12
July
10%
Jun
7%
Apr
'
2%
2 va
7%
cum
10c
Nov
10%
2
8
Feb
4%
4 %
4%
2,296
3
Jan
50
11
Feb
16
Aug
Jan
30
Aug
10c
5%
430
10
10
10
10
pfd
5%
6%
1
Ltd
250
23%
265
19 %
Jan
24%
cumulative
Jun
Oct
16%
47
12 Va
Jan
20
17
250
12 %
Jan
3
3%
225
1.50
Jan
20% July
5% Jun
Apr
3%
19
19
25
19
Nov
18
25
Jan
20
Nov
25c
25c
25
15c
Ja.i
75c
18
18
25
15%
Jan
20
4%
'
■'
17
3%
Jun
July
7%
400
Jan
*9%
34%
15
340
11
Jan
16 Va
19%
19%
35
14 Va
Jan
22
104
104
95
98
Jan
104%
1.75
14%
—
1.75
1,00 Mar
1.75
7
7
4%
]
25
Nov
5%
Feb
7
July
3%
Jan
7
May
15
106%
Apr
109
108
108
54
54
54
25
46
Mar
pfd.100
90
90
90
45
87
Jan
••
Apr
Nov
30J
.
0
100
Jun
July
277
7
4 %
7
—0
—
Sep
55% July
97
July
10
10
5
25
Mar
91%
91%
10
87
Feb
97
Feb
102
Jan
106
Oct
10
Aug
common—...0
6%
July
17 V2
'
•
.
■,
*
1
7%
,
Feb
pfd.100
105
105
105
—0
cum
65
10
10
10
125
..
1.75
1.75
35
1.25
Jan
2.00 May
59
59
100
47%
Jan
64
21
21
20
19 V4
Jan
21% Aug
common
—0
Walker-Gooderham & Worts common.0
$1
Jun
6%
16%
"
Wa.kerville Brewery Limited—:
Jun
May
4%
125
3%
23%
17
—0
Stores
35
Jan
2% Nov
3% Jan
2%
3%
if?"
.—..—10
cum 1st
Ltd
14
'2%
.'21V
ZL
pfd.100
cum
—
Co
11
Sep
7% Aug
0
Aviation Ltd.—;
;
cum pfd
Grain
15%
'
.0
0
100
Ltd com
of Can 6%
Jan
7% July
3% Mar
250
29
Jan
9%
Sep
6% July
1
...;
...
3
May
12
16%
Paper Co
Oil
'
28
28
.
5%
5%
5%
—0
Co Ltd
24 Va
29%
5%
Ltd—
&
3tJ0
29
5%
-0
_
Power
16
16
29%
45c
Jun
4
10%
10c
pfd—100
Ltd A—
Southern Canada Pow
Thrift
3'%
2% May
10C
10%
—•
Preferred
Apr
7
Jan
5%
4%
11
0
Manufacturing Co.
Reliance
Nov
8% July
Sep
3
50
105%
Feb
Nov
47
——20
—
Noorduyn
Nov
35
Mar
0
preferred
Paton
Mar
23
155
155
169
172
155
*
"A"—
Canada
B
9% Julv
10
151
Jan
May
40
*
Ltd—.
Ltd
trust
Power Corp
Mar
148
160
5%
_0
;
Nova Scotia L & P 6%
July
•
141.
7%
105% 105%
73
of
Preferred
10% July
120
5
1
100
200
Me'chers Distilleries Ltd common-.—.0
Aug
Jan
8%
9%
120
common-
...
McColl-Frontenac
Oct
7%
Jun
Aug
172
•
A
Jun
16%
Jan
Sep
19
10 Va
Apr
1.80
4%
Linoleum.— t—•
Maple Leaf Milling Co
31 % July
710
120
"7%
•
-i——
26
22
100
22%
15
8%
20
171
155
171
Co. Ltd.——0
0
—
Massey-Harris
22
15
101
Jun
15% Mar
35
16
10%
Nov
22% Aug
17% Mar
91
July
104 %
Feb
1.80
0
0
"A"_,
Paper Co
MacLaren
July
27 % Mar
25
101
10
16
26
17% Mar
365
97
Jun
187
Jan
20%
10Q
Ltd
&
Companies,
Class
Jan
20 Va
10%
Hydro-Electric Securities Corporation.0
International Paints 5% cum pfd.-.
20
International Utilities Corp A__—...0
12% May
13%
75
16
Aircraft Limited--———5.00
Voting
Nov
6,182
104% 104%
_«•
....
Woollens common
Motor
Fraser
Nov
25
22% July
96
Aircraft 'Ltd—_-0*r
Ford
Apr
31
*
——100
—-—
Heating
126
Feb
28
——100
Dominion Texthe common
Enamel
Feb
25
40'%
—0
—
120%
20
31
Dominion Tar & Chemical common—*
Dryden Paper
Sep
27%
2i?
Dominion Stores Ltd.—
Eastern Dairies.——
150
40%
—
Preferred
510
Feb
Jan
1
common
Limitee
Dairies
Eastern
Fleet
Sep
Jan
115
5
39%
27
133
B__
Paper Corp Ltd
Oilcloth
Pairchild
505
126
—_
Steel & Coal B„:
Preferred
34%
17%
50
2.50
Frere
Donnacona
Oct
31
i—0
preferred———.25
Dominion Glass common—
100
"
27%
28
o
Dominion Coal
-
lsov
*
—
Dominion Bridge
•jumimon
Jan
25%
—*
Smelting—
Glass
Cork & Seal Co——J
Crown
7%
310
11%
Concolidated Mining <x
July
420
349
22
20%
—0
—
Alcohols
Preferred
July
8%
8%
Cockshutt Plow
Consumers
13
12
4%
8%
—25
Canadian Pacific Railway
42%
Jun
&
Dominion
Nov
Jan
12
25%'
8
David
Dominion
Oct
27%
120
21%
Ltd—0
—
Consolidated
May
6%
Jan
1.45
795
40
4%
"4%
——.
—
12
25
25
Ind 'AiConol common-
B
40%
128
.100
Canadian Foreign Investment com.
Canadian
5%
143% 143%
143 y2
.100
preferred—
Cottons
38
11% July
20%
104
.100
—
Westinghouse
Prefeired
14% May
Nov
33
7%
Preferred
Jan
31
25%
Celanese common
Canadian
9
95
'
.25
——c—
—
510
12
—-0
Canadian Car & Foundry common.
New
10%
Jari
100
—
Vickers Ltd
Commercial
July
31%
40 %
40 %
:
...
Canadian Canners Ltd conv
12
Nov
9%
20%
•
pfd
Company
Consolidated Div Sec
26% July
Feb
5% Apr
July
Feb
2%
50
'
Sep
170
Sep
4
12%
55
269
Catelli Food Products Ltd common.
Aug
8%
4%
51/4
*
common——
8%
62
25
2%
10%
50
100
class
4% July
32% July
& Paper Inv—•
Power
preferred
Canadian
Nov
106 %
Jan
20
7%
High
Jan
Jan
22
pfd
60
Ltd
preferred
7%. preferred
Sep
10
———_50
5'/'<>
T%
2%
10
0
Investments
Marconi
Canadian
695
65c
10%
2%
0
Sugar Co
Industries
cum
Canadian
Jun
31
10
*
commun
preferred
Nov
50
92
100
20
8
_*
Power
Mar
17
4% Jan
23
20
——„0
Forging:* c.ass A
Canada
9
50
280
7%
Canadian
5% May
Jan
653
Co
Pr
General
Canadian
July
29
Jan
13
7%
102
102%
Sep
5%
102%
7'/a
7%
"loo
—_.
—
50
50
50
.100
—
Cement common—
Canada
Sep
28 %
2
55
200
15
15
'Y*--'
158 %
Oil
Northern
Canadian
25%
Packers Ltd—_.
Dominion
&
MO*
24
100
Ltd
Ltd
Canadian Dredge & Dock Co Ltd
23% Jan
135
676
-
8
8
*
A——----- ^
Building Products class
.3%
Jan
14%
'
*
Feb
Jan
12
Canada
Canada
Nov
15%
American
Columbia
Low
2%
24
100
Corp
Range Since January 1
Hiah
2%
common..^.*.*
Calgary Power Co Ltd
25% July
22
141
1,821
23%
2%
*
Power Class A—,
British Columbia
22%
British
July
Nov
530
157
21%
21%
11
Power
British
Feb
Jan
214
12%
12
156
..JLUO
Sep
Jan
15
695
22
21
22
*
common—^
Beauharnois
May
Oct
21%
963
22%
90
103%
Paper
Bathurst Power & Paper Co Ltd "B"„0
Feb
133
Nov
8
25
9
Jan
94% Nov
100
115
&
preferred
cum preferred
I'-'r
Jun
14
Jan
82
Uo
110
22%
•22 %
Corp-
Associated
89
9
•
Asbestos
11%
96
IOOV4
100
ico%
0
—
10
96
,
Aluminum Co of
J 7
88
89
•
Z 50
4%
12%
7%
Feb
3
4%
12%
-
Power
Shares
Low
Par
High
Low
6%
Agnew-Surpass Shoe common,^...
for Week
of Prices
Sale Price
Range Since January 1
High
Low
Par
STOCKS—
Shares
of Prices
Sale Price
Sales
Range
Last
for Week
Range
Week's
Friday
Sales
Week's
Last
inclusive, compiled from official sales lists
lists
compiled from official sales
Friday
STOCKS—
Funds
Funds
Canadian
59
—__0
preferred
2%
Jan
11,
Oct
-
preferred
General Steel
81%
%
—
.
Holt
Bridge
Renfrew
6%
-•
——100
—
preferred
6%
14
35
Nov
16% July
.
Aldermac
79
Jan
94
Sep
Arno
335
8
Jan
Sep
Bouscadillac
131
94
Jan
255
5
Jan
81%
35
10%
6%
14 %
110
5
;
..
5%
91
13
225
105
105
5
8
12
May
Mining-
28%
28%
28%
130
27
Feb
-*
Can common—5
11%
14%
14%
1,064
12
Jan
17 Va
11%
11 %
330
Acceptance Corp com_
international Nickel of Canada com—0
20
28%
20
20%
601
28 %
29
903
Hudson
——.24.
Bay
Industrial
International
Preferred
-
Co Ltd
——
(John A)„
Lang & Sons Ltd
Massey-Harris
———
39 Va Mar
465
17
700
6
Jan
160
98
Jan
Oct
Julv
24
Jan
20%
23
23
20%
Nov
Ltd—,
Normetal
Corp
85c
Gold
Pamour
Porcupine Mines Ltd
_
Mines Ltd
Pato Cons Gold Dredging Ltd
Perron Gold Mines Ltd—
1.15
_/
26 Va
Aug
July
Jun
2,700
1.15
3.000
3.45
600
3.25
3.45
,
92%c 92Vac
--
Apr
8c
Feb
16%
Oct
Nov
1.04
Nov
Jan
1.16
Sep
60c
1.35
Jan
3c
Jan
82c
3.45 Nov
1.09
July
Feb
lV2c
13
8
8
18
18
25
12%
Nov
16
500
13
7%
7%
5%
Jan
10
122
6%
Jan
65c
(',
-
Preferred
—
6,200
38c
Jan
1.59
2,800
68c
Jan
1.80
3.00
3.00
100
Jan
3.30 Aug
18%
18
3.10
3.25
3,425
20'/a
21
127
22
Oct
27%
Jun
Home
13
Feb
18
Sep
Royalite
July
■
Noranda
common——100
————-———100
Ottawa L H & Power
Preferred
Corp
Power
Price
—
&
Bros
100
St
St.
0
Canada
Southern
1.90
3.15
0
Ltd
Co
Oil
Limited—
Oil Company
0
--
2.66 Jan
20 Va
•,;
Nov
Steel
Canada
of
Co.
Preferred
Tobacco
Tuckett
United
Steel
—0
Winnipeg Electric "A"
"B"
Preferred
12%
Nov
13
1,186
Va
15
Sep
15
Feb
18
52
Aug
23 %
24
325
Toronto Stock
Jun
Jan
7%
86
7%
86
-Canadian
135
15
25 %
Oct
22
6%
Feb
Nov. 20 to Nov.
87
Apr
6%
6%
295
6
Jan
16%
17%
385
9%
Jan
90
90
445
62
Jan
90
Nov
12%
12
12%
255
12
Nov
T6
Jun
103
2%
103
2%
2%
1,200
108
Nov
4
1.75 Jan
Jan
July
14
240
11%
Feb
18 Va
30
30
100
24
Feb
35
Sep
43%
44
47
July
14
14 %
13%
30
13 %
44
j 14%
296
2,001
32%
Feb
19%
Oct
14
••
Nov
11%
July
.
62
55
18
Aldermac
105
10
62
123
59%
Jan-
72
70
10
66%
Jah':
76
Apr
75
152
13
4
45
75.
30
100
4'h-'Now
GOT
Tun
'
6
Apr
Oct
Armistice Gold
75%
For
of
*
Canada
footnotes
see
page
2187.
100
33
9c
6c
Jan.
14c
1.27
lie
150
3,600
21
Jan
63 % July
400
13
Jan
18%
40c
.1
Quebec Mines—— ——....1
3%c
12%c
.1
3,10
24
Jan
27
Aug
1
1
100
0
0
15c
57 %
466
18
18 %
27
27
157
——
Nov
200
Astoria
63c
65c
8.15 6.25
55c
58c
1.8c
21c
40c43%c
3%c 3Vfec
11 Vac
13c
63c
6.15
57c
18c
^—
—
Ashley Gold Mining...^
•
8 Va July
3,096
51
;
Feb
Jan
6%
131% 131%
2%
7
129
Jan
144
Aug*
93
147
Jan
160
Aunor
Gold
Bagamac
of
Mines
Ltd
Mines
Consolidated
Mines
Montreal—
Mining
Bathurst Power class
£_
Metals
B
3.00
3.20
14c
15c
15<;15%c
155
155
10%c ll%c
2
2
15c
l1.%c
*
Mar
156
156
243
243
39
140
140
140
34
100
Scotia
Royal Bank
...
96
156
Base
Montreal
Nova
100%,
Anglo Canadian Oil
Bankfield
—Too
pfd..100
_1
;——_—
Anglo-Huronial Ltd
0
Aquarius* Porcupine Gold Mines—
0
Arjqn
Gold Mines—
—k
.1
J
1529i'''Apr
j.i
5%
At
Bank
„%
Ltd common—
of Canada 5%
Co.
Jan
11c
11c
26
5
13%C
15c
88
89
96
97
100100%
13VaC
Jan
1,285
2,000
Apr
Banks-
Commerce
Steel preferred.
Algoma
Jun
10
—
70c
1.25
—
2.600
8c
*
2%
24
24
100
$1
—0
.$100
Oils
Copper
Aluminium
62
4
'.'25
Alberta Pacific Consol.
High
Low
High
2%
2%
—0
Range Since January 1
Shares
Low
_0
1
Qil & Gas Co
Aluminum
1.0
152
5"%
Gas
Sales
for Week
400
15
/
13%c
9c
9c
81
Jan
Jan
Jan
May
4% July
Julv
Feb
1.60 July
17c
Jun
21c
Aug
90
Aug
75
94
NOV
133 % Mar
255
100
Nov
102%
Jan
84 %c
Feb
,
Jit.
75
preferred
—
& Oil———
,6%
Ajax
& Paper common
Power
Jun
70
—
of Prices
Par
Abitlbi
Acme
103
Range
Sale Price
STOCKS—
19% July
89%
from official sales lists
Week's
Last
10% July
17%
125
"■■■■«»
Exchange
Friday
Apr
.
103
Apr
Funds
26 both inclusive, compiled
8% May
Jan
86
4.00 July
—
Nov
40
-*
—
.
41
140
Z0
-
Z;llers Ltd common—.
Jan
802
.100
—t-'--—
100
36%
15
preferred—'^
Corp
100
46%
25
preferred
Biscuit
Viau
0
common
—
41%
:
*;g 26
Sep
23%
'
Power——
36
15
•
A
Shawinigan Water & Power—
Jan
43 %
preferred ————————-100
Quebec Power —:
—
0
0
preferred
50
Lawrence Flour Mills common.—0
Lawrence Paper preferred
100
26
46%
—'
5%
Class
180
12%
12%
*'.
of Canada—
——0
Co Ltd common—
0
Saguenay Power preferredSt Lawrence Corp common
32%
41 %
0
Ogilvie Flour Mills common
32%
32%
Steel
Wire
Niagara
Nov
Oils—
Jan
18
35
16%
1
Gold Mines Ltd
Tech Hughes
2,382
780
18%
18
18%
——25
_•—£
Car Corp new—
0
Weaving.——i—_
,-0
Mines Ltd—
———0
National
Jun
Nov
53c 54 %c
1.45
52c
1.52
9% July
'
13
common——"
Breweries
Nov
4c
-J.
'National
Nov
6%C Noi
2.15 Mar
1,000
July
1.26 Nov
63 %c May
300
2%c
2%c
Ltd——-•——0
Siscoe Gold Mines Ltd
1.00
Sullivan Cons Mines Ltd
1
Gold Mines
Crest
Jan
1.60 Aug
78c
100
6c
Pandora Cadallic Gold
6c
Apr
Aug
11%
1,000
1.20
6c
1
Mines Ltd
O'Brien
85c
1.12
1.20
4c
Jan
3%c
1,000
0
Aug
2%c Aug
99c
15
99c
Jan
110
Jan
19
30
Mining
6c
14%
10
Mines Ltd
2c
80c
-
249
6c
99c
■
21%
3,600
—
0
100
*
25
Oil
(Robert)
Light Heat & Power Cons
Montreal Loan & Mortgage
Mont
22 %
'
Red
23
*
—
McColl-Frontenac
Mitchell
*
—0
the Woods common———,
Lake of
Jan
Nov
105%
—
Long Lac Gold
Little
12% Tan
13
17
21
200
,
14%
1
—1
July
10% Mar
1C5
I-0
100
10,000
1.26
T.~-
Oct
28 %
v
2 VaC
■
Mines Ltd
Shore
Lake
Oct
107
Jan
V
21
20
*
common—
Petroleum
International Power
98%
Feb
1.25
Mines Ltd
Rand Ltd
Gold
Kirkland
16% July
Jan
Aug
2c
Jun
93
Oct
90
50
13
Jan
4%
50
91
91
2c
500
2 Vac
.1
Mines Ltd
Cadillac Gold
Central
Jun
Eldorado Gold Mines Ltd..
Imperial Oil Ltd—
Imperial Tobacco of
Preferred
common
1,000
21c
Jun
2c
3c
__
Oct
•
7%
32%
Paper
Gold
10c
2c
3c
14c 14 %c
—0
Ltd.
Mines
14C
_0
Ltd..:
Copper Corp
11% July
_*
—100
—.—*\
Smith
Howard
Mines—
Jan
7%
290
109
109
Gypsum, Lime & Alabastme————*
Hamilton
10%
10%
-*■
100
Wares common..
Preferred
—
8
v;
8%
8
100
•
—
15
15
;
common——0
Gatineau Power
5%
9
Co of Canada.—
Foundation
223
132
Jan
Jan
254 Va May
150
Aug
Bear
Exploration
Beattie Gold
&
Radium
Mines Ltd
1
1
_.
34c
1.62
22c36V?c
,
1.58
1.64
4,300
663
47c
3.00
Jan
7.10
Jun
Oct
4,700
20c
Feb
68c
July
14,100
17c
Nov
33c
July
5,800
35c
Julv
60c
Oct
20
3c
May
5%c
Sep
673,825
2%c
Jan
14c
Sep
3,208
1.35
Jan
3.50
Sep
8.500
8%c
Jan
19 %c
July
3,633
4c
May
46
4,500
150
8 VaC
Jun
Aug
161
Apr
17 Vac
July
Nov
3 Va
Jun
2
8.600
10c
Jan
23,780
70c
Apr
40
19V2C Nov
49V2C Jun
1.87
Sep
THE COMMERCIAL & FINANCIAL
2186
Low
Par
Bell
Eros
Bralorne
Brazilian
Oil
Bread
Class B
23
23%
60
G3c
68c
11,390
19%c
67C
69c
12,300
46c
.—*
65c
,69c
6%c
1
-*
*
:
3c,
9%
9%
26
10
10'A
1.85
2.10
*
1
1.90
■
-
—$1
Feb
Jan
75
3
Feb
10
102
Jan
11% July
26
11% Mar
2.60
7%
110
Oct
Feb
44
Oct
95
35
148
8
40%
41
22%'.
22%
22%
79%
124
May
Jan
98
150
30% Nov
2%
1.35
Jan
Nov
Jan
14%
38
6%
35
28
Jan
42%
19
Jan
24
Jan
14
26%' 26%
5
25 %
Nov
27% Aug
33%
Jan
39
$100
144
235
133
Feb
151
Oct
Dock—.—.—16%
General Electric
$50
16%
17
150
15
Jan
19
July
&
40
40%
5
5%
25
20
20
40%
Nov
Jan
6%
Nov
5
581
5
Jan
3%
Jun
6%
Nov
22
95
4%
45
.....
4%
Industrial Alcohol A—,■—*
B
*
———,—.—
5
Locomotive
Canadian
Canadian
Malartic
Canadian
Wallpaper
60c
60c
—.25
8%
8%
,9%
13%
1.40
13%
13^2
Castle-Trethewey Mines
Patricia Gold Mines—
Central
Mines
Central Porcupine
Chateau-Gai
Wines
Research
Chemical
..
Plow
Cockshutt
Lake
Coin
Jan
1.47
E4c
Jan
1.35 July
1.59
1.58
1.65
1,100
8%C
4%
9c
11,500
4%
22c.
22c
' ,24c
3,100
1.16*
1.04
1.18
14,096
11%
Jan
Jan
2.00
75c
380
15c
18c
120,050
23c
—
2% Mar
65c
14,650
1.91
11%
16c
23c
500
16c
4%
Dominion
Stores-
Dominion
Tar
East
Crest
Ford
1.15
3.25
25
5%
Lake
Gillies
God's Lake
Mines—...
........
Goldale Mines
Gold
Belt
Gold Eagle Mines
Gate
Golden
16% C
3,8c
15c
18c
30
19%
14%
18c
Jun
Sep
Sep
Jan
7%C Aug
24% Oct
Jan
16%
May
39 %c
Sep
2,500
5%c
21,900
7%
Nov
77
Jan
8
Feb
3c
Jan
lc
11% July
100
14%
9c
8,800
10c
Apr
18c
1,000
12c
Jun
5.000
2c
July
20,700
3c
Jan
19c
21c
Sep
Oct
95
July
51%
Jan
58
July
2c
Jun
3%c Aug
5
4%
5%
May
6% July
6%
935
..
15c
20,750
2%c
3c
24,000
5%
5%
548
16%
50
8c*
10c
16
—.....1
4%
—
—
-
4%
98c
__
98c
1
_i
3s
1.05
3%c
3%c
38c
39c
-
100
12,450
4.009
1,000
Home
OH
...
1.
Homestead Oil & Gas.
Howey
Gold
Hudson
Erie Mtge
paid
lie
5
14%
3
10%
103
Jan
Feb
23
July
July
7
Oct
Feb
Nov
ll%c Jan
5
3c
Jan
3.20
■
12% Mar
103
24c
100
13c
1,000
72%
Tubes
—:
Porcupine Mines Ltd—,
Malartic
Partanen
Gold
Imperial
For
100
Oil
footnotes
_•
sec
page
2187.
141/.
Oil
&
Gold
28c
Jan
440
18
Oct
48%
48%
540
44%- Jan
9%
1,725
28
25
8C
2,001)
12%
185
55c
58c
5,100
1.70
1,063
1.50
1
.
996
46%
4614
.
Nov
Apr
7%
23c
Jun
7%c
Nov
Sen
1.05
Jan
40
3%c
Alines
May
65 c
74c
4,200
20c
Apr
1.10
Oct
1.25
1.40
540
Apr"
2.00
Sep
1.23
23,850
61c'
Alar
1,200
38c
1.08
1.00
78c
Oct,
8%
Jan
64c
Sep
25
104 %
Feb
111
Apr
735
2%
Apr
7
Nov
r\r\r\
3%c
Sep
9c
85c
Nov
88%
Jan
107
6
7
31/D
4'H/»
1.15
1.25
38,240
99
99
100
145
1.10
1.10
1. ,4
3C
3c
28C
26 % c
28C
7,400
01
17
'
1,000
57c
May
1.80
4,165
1.28
May
2.10
Sep
2.10
2.25
650
1.25
Jan
2.85
Sep
1.41
1.29
1.45
13,500
52c
Apr
1.50 Nov
1.42
,.,1.28
1.45
7,200
50c
6%
100
6
Jan
97c
97c
500
58c
Jan
2.05
2.14
6.885
1
1
,
—
$1
2.06
,
1.72
31c
53c
24
24
25
7c
5,000
.100
... ...
14.0
139
140
106
19%
21%
590
•
Senator Rouyn, Ltd
1
—
Gold
1.86
2V»c
Jan
46c
285
End
2c
May
67C
Jan
1.04 July
200
Jan
9.75
J.
—
15
149
8
Mar
9
Jun
25
45
10
Feb
25
Nov
13%
55
55c
6c
Aug
Steel C,o of
Sep
Preferred
—^
A
39c. Mar
58C
9,700
29c-. Jan
4,500
3%c
Jan
8c
Jun
20c
Jun
.35c
July
54c
Nov
60c
Nov
10
Jan
common——•
•
Mines.:
''
27c
7,550
17 %c
Jan
31c
29
365
26%
Jan
32% Alar
72%
72%
Sep
Jan
72 %
Nov
Apr
13
Nov
Tamblyn
Ltd
Tip
Top
Sep
17% July
1.52;
-
;
•
60c Sep
19% Aug
1.10
Jan 7'
80
7
Jan
5
25
4% Afar.
3
"10
17
Jan
303
63 % "■
39%
Jail
66
Jan
Jan
2.65
70
45
2.32
29,875
15c
19c
1,77.5
10c
' Jan
,1.46
1.^0
17,755
65c
Jan
1.51
•
225
1.38
Jan
45
10%
Jan
4,975
1.85
2.90'■
July
Oct
5%' Oct
I 15
221/4
2.00
1.98
1.1
Tailors common...
preferred.T
Exploration
......
Transcontinental Resources
.*
14%;
.1
common,——
Elevators
Towagmac
17C.
-•
Nov
22%
7
Nov
73
Arc*
76%
Apr
21c
Oct
Sep
1.80 Nov
2.25 Aug
i
Teck-Hughes Gold Mines —
Toronto
2.05
..1
Sylvanite Gold Alines, Ltd——
50
'40
;69
,.25-
1
Sep
64c
-9
2%f
9
61.
8,800
60c
"'.5
ia.
500 7
■
18%
221/4
: ,6i
Sullivan
Cons
58c
*
a__:
Sturgeon River Gold Mines..
July
27
27
2%
—a
Oct
104% Nov
55
9,400
18%
*
Feb
Jan
104
53c
\4c' 4%c
''
■
.a..*
L.i
863u
13%
Jaii
55C
/
a,4%c
AWa-Al—a..*
.
Canada
'
3 %
51c
•
——...*
—
10% Nov
Sep
10
8%
20
~
Co..
——J.
9%
Nov
3.0
• ;
103%
51c
%„i
Springer Sturgeon
Preferred
5.75
8%
*
103%
—1
—.a
Chemical
Feb
2,000
23,195
12%
Mines.—...—.
Petroleum*.
4c
3c
*
"
.100
Pdtroleum
Jun
73c
10
...-.Ja—
West
19%
_
Sen
Nov
13
62 %c
9.15
3c
:
South
Jun
Alar
18c
71c
.
Alines
14,000
14V4
4.00 Sep
9%c
■
9.15
72c
;—a,.
Alaiartic
49c
14
Sep
July
18% July
Jan
3,000
Sep
26% July
Mar
12
Sep
Nov
150% Aug
Jan
3,415
46 %c
...
Class "B"
21%
Nov
July
9c
132 % May
6C
——.
Simpsons class "A"
25
3.40
r
Preferred
59c
Jan
Jan
14
5%c
1
Sigma Mines
Silverwoods Dairies common—ja
50!
Jan
3%c
3.15
,
2.50
27c
22
14
...
3.20
40c
Jan
4,335
50c
Nov
July
1.15
July
6%Q
v5 % c
Apr
185
20c
7c
—1'
Jun
Jan
2,000
24
50c
1.45
11
Jan
26c
...1
-1
20c
Jan
26C
26c
...1
Sladen
Nov
1.75
20
Gold
Aug
1.80
Gold Alining
Preferred
1.10
Jun
Nov
Corp A.——
2c
6c
4%c Aug
39c
17 %c May
20c
Gold Mines Ltdja.
Slscoe
Feb
Nov
Aug
1.36 Nov
Jan
2c
1.25
103
74c
San Antonio
17c
4.10 July
1.26 Nov
Jan
21,2™
67c
6
.$50
River
Sep
100
of Canada..—
Bros
Jan
1.16
5,600
.....
Lac..
Raclio...
Jan
3%C Feb
74c
1.25
Oil
Stedman
Nov
52% Aug
Jan
3,000
24,100
St Lawrence
Sand
Sep
7c
107
Alills——
Standard
12 %
1.95
Apr
Oct
85c
4
Silk
Oct
11%
67c
7c
1.19
...1
NOV
157
Feb
76c
■
—1
4%
55
Oct
35c
20c
Dome
1,15
20
15%
95c
Queenston Gold Mines
Roche Long
Oct
lie
Nov
20c
Alining Co——
East
'
Aor
1.25
—.
Qttebec Gold Mining..'
Mar
17c
29
Jan
6c
11%
92c
1.—
.....
Preston
Oct
9% Jul"
i._.1
..I
Rouyn Gold
Voting trust
Premier Gold
Jun
49%
77c
Power Corporation
May
3c
25%
Nov
27
20c
Gold Alines of B C——
Pioneer
3
Jan
46 %c
Jan
6
.
Apr
6%
Mines
40c
26c
3,570
3,500
Oct
July
80
Mar
65
92c
16%
8.50
14%
37c
18%
28c
20 %c Nov
*
Gas
Nov
2.65
14
36c
18%
1.50
—.1
17
1,070
10
35
8c
;
Nov
2,000
175
720
Sep'-'
2.29
Jan
2.900
22c
28
*
Standard
10c
1.22
1.89
74%
12%
Standard Paving common.......—
10,425
175
1.81
'
Paymaster Cons Mines Ltd—
Perron Gold Mines.
4—————
Toronto General Trusts——
Imperial Bank of Canada
Nov
Alines.——$1
Jun
3.35
45
24c
37c
*
Refining
Jun
11%
13
Nov
5c Aug
l%cMay
72
_*•
8
3%c
13
18 %c
Nov
65c
Jan
3.05
10%
46,100
Aug
28%
26c
*
j,...$100
_
11c
23 c
1.55
Jan
83c
22C
:
4%
2%c Nov
3%c
10%
»
l
_1
Bay Mining & Smelting
Huron &
20%
Mines
•
21c
1.88
Corp' Ltd—■—
Steep Rock Iron Alines..,
Hlghwood-Scarcee Oils Ltd
Hollinger Consolidated Gold Mines
Nov
21c
—
Page-Hersey
^Pamour
South
5%
,
••
.
2,100
2%c
1
*
*
Hasaga Mines
15c
6%
6%
Halcrow Swayze Mines———————.1
—
10
103
14c-
•
Bridge Co Ltd
Hamilton Cotton
Harding Carpets
340
11%
103
103
.1
Hamilton
225
8c
25c
.
—i
62
200
Am*
Jan
—:i
20
5%
5c
lie
57C
Mines...
25
20%
500
6,600
3%c
&
Set)
5,500
—.....—
Orange Crush preferred
Oil
Feb
58
5%c Jan
47
Feb
■
Ontario
Nov
11c
23c
12%
Shawkey Gold Alining...——...
12,300
104
Jan
7%c
25c
15c
Aug
9% Julv
Jan
6
92%
3%c
._.*
55
20
July,
9
Shawinigan Water & Power..a.
3%c
5%
July
22
19c
4%c Aug
3c.
128
10
Jan
10
July
55
3
Jan
7%C
common-
..J———
•
Oct
5Vii
12,825
•
Ltd
Jun
6c
1.55
65c
Royalite
5%c Nov
16c
.
2%c Aiar
14%
65
33'A"
Royal Bank
29 %c Mar
Nov
' Jun
17
1.40
1.48
65c
Sep
Jan
12 %c
90
Jan
140
35c
Aug
May
6,750
3c
90
9%
10%
Nov
7%
Jan
Sep
12c
11%
Gold
Mar
2%c Jan
•
4.80
26
Jan
4*',tt
56
————_a———*
Sep
3%c
$100
.....
Gold Mines Ltd.,
Barker
Jan
22 % May
8%
Jun
4%
.
650
Alines..'——
T
Loan —^
—$50
Pickle-Crow
1.64 Aug
6 %
•
3%c
Alines———.F
Gold
Petrol
16%
Sep
Nov
3.75 Sep
6%c
.46 %
Oils Ltd
Sep
Jan
2.40
1.59
Apr
1.65
6 %c
18 »'2
4-~—^
Sherritt-Gordon
„v',,
Rock Gold Mines—i.«
1.82
*
Gypsum .Lime & Alabastine
Hard
21 %c July
Apr
3c
20
Halliwell Gold Mines—
Feb
10c
liVaC
Wire
Greening
155
4%c, 5%C
—_
Guaranty Trust
Gunnar
170
84
5%c
vtc
Common
Nov
1
vtc
&
common
188
8%
10%
18c
.—I
Busquet Gold Mines.:
Preferred
1,700
—.1
Mining..
Lakes
140
37c
5%c
—
Great
14%
82
Goodyear Tire & Rubber common——*
Preferred
..$50
Graham
14%
10%
—50c
Mining...
1,553
7%
84
*
—I
July
4.00 July
Jan
56
Omega Gold
Riverside
...a—1
Mines Ltd
Sep
18
10%
21
5,000
35c
10%
Mines..1
Gold
102 %
Jan
2.30
155
7%
7%
6%C
j'
Pacific
Jan
3.10
.
265
4%c
23%
28%
8%
*
.
Porcupine
Gold
Glenora
,—*
...100
common...
30
4%c
23%
...
23 V2
..
pqwer
preferred
Jan
Oct
395
!
.
103% 103%
Pacalta Oils
Jun
12
20
,.1
.
•
■.
$20
Mining
1014
80c
1,060
25
19%
2,000
8
—5
—
—
Alines
11% July
Feb
1.09
100
3.25
29%
.
Jan
4%c Jan
6,520
%
•
48%
Powell
Mines.—.——__
Gatineau
14
1.25
Nov
2%
4,875
1.60
Jun
4c
12,100
MOc
,
9058
30
100
-
Foundation Co
General Steel Wares
5%
1.16
-
Francoeur Gold
7
2,500
4%c
':*'* 19
425
.*
15
Nov
625
3,25
Candy Shops
Mining
Jtllv
485
14
of Canada class A
30
34
8
1.55
1,60
;——■*
_1
July
Jan
Jan
9%
9c
9%C
——.1
167
20%
20
9c
Oct
22
142%
15
4%
L—1
Kirkland
Co
29% Aug
-102
■
Gold Mines
Farmer
Fanny
Jan
9c
Oil...
Players
Federal
18%
102
Falconbridge Nickel Mines
Famous
212
4%
102;
Eastern Steel Products—
Eldorado
O'Brien
Okalia
25%
1
Malartic Mines—*
Eastern
85c' 'Sep
41%
375
340
2,065
7.
July
Jan
33
'■
15
•->'
Northern Canad'd Alines..
Jan
159
;
Nov
22% Oct
70c
75
8%
7%
.
.1.07
24%
'Apr
"1.51 Mar
.
•
1.27 Sep
18
'32,375
i
;4%C
—I,:.
...A—
Petrdleum
Normetal
Feb
22%
3.25
15
Nordon Oil
10c
8%
'
.$100
Duquesne Mining Co Ltd——.
24c
3.05
Oct
"4%C Aug
/
.
19%. Feb
6,985
7
Noranda Alines
50c
0
pfd
Preferred
National
25%
2.100
1,000
7%
7%
*
common
Aug
Nov
14
Jan
Jan
67c'" Jun
,
13,762
8%
National Steel Car.
20
14c
70c
9%
2,385
2.29
1.45
Power.—*,
&
Co
Oct
36%
33
—•/
—2d
Chemical
&
Woollens
Dominion
Grocers
26c
5
3.45
1.40
3.15
...*
_•_!
common
Mar
Jan
180
■ ■
North Star Oil common...—.—
22
\
Heat
Jun
1.50 Mar
93
155
.*
—
—
National
25%
25%
pfd—50
Steel class B—
Dominion
Light
Corp
36
66c
66c
,100
_—....
123
73
4%
13c
—14c
...
Bank
Moneta
Nov
Oct
15% July
9%c Feb
Tc"""Jan
505
'3.25
100
—
Oct
134
——•
Gas.—il.-——*
&
18c
46 % Juiy
Nov
..
60%c
.
10.430
23
2.16
Knitting preferred..——100
Porcupine
!
■
.1
15%
—.—*
—.$1
Dominion Scottish Investors
Oils
Nipissing
133%
110
99c
Monarch
2.65
136
13
2,000
9Jc
———1
Mining Corp of Canada.
Model
Sep
134
Distillers Corp—Seagrams common....*
Dome
Mines
—_•
Oil
13 %
Nov
6.10 -Sep
61
3%c. Jun
15,185
22%
.
Mines—_T
Nov
Jan
July
26
Nov
61
100
'21% A/.'22
'
Alines ..J——
Gold
Continent
Mid
Moore
Oct
16% Sep
"
Mar
22
e3.65' Jan
18,000
13 V2: •.14
' 2 Vi c 2%C'
1.07
1.15
Mines.—1
Graham
AlcVittie
McWatters
Sep
9%
13
2.19 '
:.*■/
Alines—
Lake
Gold
AleLellan
1.74
37
10% Jan 7'
•
"
45
7c
6%
——
———
Red
McKenzie
1.45
100
325.
.
%•
23
50
commoiu
Porcupine Alines—
Mclntyre
Jan
1,070
1.40 Aug
Alar
:40c
•
Mar
15
91c Sep
May
1,45
McDougall Segur ExplorationJl—•
85c
40%
Jan
40c
5c
21%
ID
———
80c
15
Dominion Foundries <fc Steel com
Preferred
Montreal
2.09
55c
Jan
'
-
2.14 July
Aug
•
sep
8,350
200
91c
22%
,
Massey-Harris common—.;
Preferred ■~~20
860
39%
Dominion
Alaralgo Mines
6,255
40
1
May
10%
'2,600
"61 .- "61
■
3,30
1
Preferred
1.25
15
Mjnes
Nov
14%-Sep
Jan
4.75 Jan
'
1.61
1.56
Petroleum
Aug
5
Nov,
20c
5.75
—$10
1.25
——*
Delnite
Jan
9% Jan
13 %c
Sep
14c
47c
*
Feb
3%c Oct
29%
'
95'C
23
,
.
v
common—'!—.—*
Gardens
Leaf
Leaf Alilling
1.54
Canada—.—,*
Davies
Nov
1.75
10
10
4,605
10c
,
Jan
500
13»4. .13%
1.12
Mines..——_1
Gold
Fields..:
Gold
1.25
—
!
Lake
Negus Alines
Bakeries of
Dairy Corp common
Jan
10 %c
100
1.85
1.87
11%
1.00
6%c July
25
2.00
2.00
_$5
Mines
Coniaurum
Oct
95c
Consolidated Mining & Smelting.—.5
Consumers Gas (Toronto),
....100
Consolidated
Nov
600
——*
Mines
Coniagas
127-S July
13%
300
1
—
Sep
1.40
——*
...!—.4—_.$1
Commoil Ltd
Jun
1.05
;
Mines—
Feb
Jun
68c
1.40
Co.—.—4
__—
7%
10
26
8%c
Smelting
Gold
Willans
Cochenour
Mar
1.00
Cliesterville Larder Lake Gold Mines..1
Chromium Mining &
Jan
36c
20
■
B—_—.—
Cariboo Gold Quartz...
10
4,805
*
—-1
1—1
1
1
—A—*
......1
.......—...
...•
A__^
McCoIl Frontenac Oil common
1,931
Pacific. Rv—1—
Canadian
class
Preferred
■
)
Class
Maple
Alaple
Oct
144
.
80c
•
'•
'
•-•
—a—J*' J'..
Red
Malartic
Nov
143
—
i :
..
.
1
July
32%
Dredge
27c
Get
July
lc
13c
:i3
Mines, Ltd—
Macassa
Madsen
Oct
10%
_*
Preferred
61
t
MacLeod-Cocicshutt Gold, Alines...—1
Oct
125
27%
13.
8:80
5.75
Gold Mines Ltd—.*A
Groceterias
Class B
Sep
100
655
'13
1,500
1,470
.
May
142% Aug
6%
Loblaw
Jun
'
;
4%c
: ' Doc
——_—;.l.
Alines. Ltd
Little Long Lac
Jun
8% Jan
128
Leitch Gold
Oct
Sep
12%
12.
3.000
Apr
July
'
Lebel Oro -MinesA—rv-iA•— -2lv'
36%
40'A
24
5c
'78c
'
13%.
Laura.,Secord Candy—
Oct
62
—_
39%
Jan
8.45
13 %"
...3!; 1
Seo
43
——1*
preferred—,—,20
Nov
17
,
3c
7c
Nov
1,650
Jun
28
1,667
25c
Sons..•;'
&
9
5%
116
112%
2,455
%
23c
23%-
.
Lang
60
4%
Jan
26
115
66c
21%';
29
*.;•■: 21
78c
Lapa' Cadillac-Gold Mines.—;—„l:.
107
69
July
;
Nov
Jan
4%
135
100
27c
common——l—*;
Jan
40
255
July
Jan
11.5
Ltd.——.ll;
92
32
17
90
8.65/'
Ltd—1:
Mines.
10
5%
common.
Shore
30
•
——_
Celanese
Canadian
Canadian
Lake
Oct
25
4%
10% Jan
20
"
Lake Dufahlt Mines
105
133
Oct
85
Nov
7'A
4%
Nov
3,600
3c
Lamaque Gold Mines'-.-——
Landed Bank & Loan..__—:—$ 10Q
31%
8%
15
5c
Mines—•
„.1|
Kirkland Lake Gold Mining Co..——_L
Nov
132%
Mar
Apr
Nov
97
Kirkland Hudson Bay
9%c
1,045
2(iC
Feb
10
53 c
25c
1
Sep
10%
Nov
—,w
Alines
Gold
5c
133
preferred
:
*
Canadian Car & Foundry new pfd—$25
Canadian
Kerr-Addison
58%
9%
8
28 V4,
;
I*
Kelvinator of Canada
2.000
31 %
100
Breweries common
Canadian
1
Sep
Aug
Sep
93
93
10
—
—
Feb
May
4c
July
43
43
1
225
115
——-1,
—_;
147
_*
tt
Mining Co——1:
Ltd—.——...__——$1'
Lake of Woods Milling
'
8
..
Mines
Mines
7
U.¬
7%
•
—-
Commerce—
Petroleum........
105
■
.
—-•
Apr
; 97
21
Jun
7
8
45c
.'
28%
35c
109
25
■
__
»
Jan
109
9%
.
48c
•
_
21c
58%
,
—
Mortgage
—
Jan
4.00
9%c
17
Waite
Jacola
Jason
"
'
—$50
Canners 1st
9%
1.15
Jan
Jan
Mar
Jack
'
Canadian Bakeries common—.——„*
Preferred
9%
23
7,560
7%
'
.100
common.—
1,500
6%
$100
————100
Conv.
Feb
Jun
14'3i ;
8%C
8c
8c
,.
Nov
l%c
150
,
International
6%
10
Nov
13c
Nickel
12%
65
9
_«
.100'
preferred-
Milling
International
High
Mar
7
'
.!•
:
—
—————
Low
7
—
"—6
%c
22 %c 22
--
77c
common.—
International
July
75c
3%c
75
Ltd-———>
'
Jan
13
250
24%
—100
Canada Steamship Lines common——*
Preferred
—-——50
Canadian
1,500
•
Packers—
Canadian
3c
preferred——*
—
of
15
3c
.29
Mar
1.60
,77,918
16
Nov
Sep
4%c Mar
908
9c
16
~~
common—™
Bank
3.45
8%c
9c
\
21
5,000
6%c
6 %c
3.45
—*
—
Canadian
Preferred
Jun
—
Varnish
Imperial
*
—
Range Since January 1
High
1°0
7
.
Shares
11%
11%
—•
$1
.
Inglis (John) Co Ltd.—.—_,—Inspiration Min & Develop—.—
International Metal common A—
Jun
—'
Permanent
11%
28%
22%
Canada Malting Co——
Canada
Jan
Jan
Jan
Canada Cement common.—,
Canada
7.40
14%
—1
—:
Aug
17%
—
Preferred
Mar
910
A
Class
12C
24C
820
preferred
Canada
Jan
8%c Jan
350
common
Bird Mines
8c
3,106
HV2
Calgary & Edmonton Corp
Camp
500
18C
22%
Mines—
Caldwell L New Mills 1st
2nd
8%c
21%
Canadian Gold Mines
Calmont Oils Ltd
Nov
Preferred
Aug
42%
1114
—
Steel Co
63c
Jan
20%
Building Products Ltd™—,—*
Bunker Hill Extension Mines.,
*
Burlington
Jan
29%
21 'A
Mines, Ltd—
Gold
9%e
100
1114
—,
Ankerlte
Buffalo
Buffalo
65,097
18c
'.
39c
42%
21 Va
20%
Dominion Oil
Broulan Porcupine
Seo
Low
5"
Imperial Tobacco ordinary
Oct
160
class A——*
Columbia Power
British
2*
Jan
——*
Oil——
British
Feb
8%c
$50
T
140%
3f>c
:
American
15
30
211
42%
37 VLsC
1
Mines—
British
Brown
155 %
1
1
Mines, Ltd
—*
Traction Light & Fwr com—*
Gold
23
155 157%
Par
High
—
Bldgood Kirkland Gold—
Blue Ribbon, preferred—
Bolpo Mines Ltd—
—_—
Bonetal
Low
Sales
for Week
Range
of Prices
Sale Price
Range Since January 1
High
23
*
—100
class A
Telephone of Canada
Beatty
Last
STOCKS—
Shares
of Prices
Week's
Friday
for Week
Range
Last
.ale Price
Monday, November 29, 1943
Sales
Week's
Friday
STOCIvS-
CHRONICLE
2.95
A.—*
$50
141/4" 14%'
3.05
2.95
'
20
7%
.7%.
200
53
52%
100
85
12c
12C
•
'46c
25
85
1
;
53C
.
Jan
'
500
8,750
6
50%
68
10c
35c
14%
Nov
3.45, Sen
9
Oct
Jan
55
July
Jan
85
Nov
Mar
Jun
Apr
18c
74c
Feb
Jun
:
THE COMMERCIAL &
Number 4233
Volume 158
of Prices
B—;
United
Corp
United Fuel
United
—$25
Oils
-
3,100
1.61
6,050
20c
20c
20c
500
4.70
•
4.85
57%
59
61
•
Ltd
Zoo
:
77
15%
115
106
Sep
3
Jan
9
40
Jan
91
Jun
12
Feb
17
July
Jan
106
Nov
'
,
94
10
3c
1,000
1,143
370
1.75
1.00
1.10
4%
4%
4%
Oct
4.20
Apr
Co.
34c
Selections
Jan
Sep
Jun
47c
10
14 Va
225
50
Nov
31
22'/a Nov
July
Jun
1.75
1.15
1.20
300
78c
Jan
114
125
2,000
78
Jun
125
July
14
15
50
8
Apr
15
Nov
1.15
6,000
2741 c
15C
15c
500
7V-»c
Apr
1.35
1
_1
& Metals
1.45
5,300
1.05
Jan
25c
45
3VaC
3c
—*
—
————
Mines
Nov
80
29c
4,600
14%>
22%
.»
——
_
Osisko Lake Mines
Oreille
July
14
Jim
6% July
Jan
74
_*
—
Humberstone Shoe
Oil
3
5
22%
32c
Nov
1.80
Nov
100
Foothills Oil & Gas_,—
Fraser
1.00
1,539
•
*
-
Jun
3 Va May
Jan
80
80
*
Co Ltd
Jan
85c
1,000
—$100
High
9
10
6% Mar
6%
400
1.00
5
preferred—
Bridge
1.75
$1
Corp—Z*
Paper
Steel
Dominion
Pend
2.50 Jan
9,377
3.15
July
63
Jan
254
Oct
8 A
3% May
20
100
9%
——.—^
—
Dalhousie Oil
Disher
5c July
l%c May
6%
2.95
24c
48
56%
3c
Oct
21% Aug
206
5%
3.00
Wright-Hargreaves Mines
4%
51%
•
5.80 Aug
64
Jan
56
—-f
Consolidated
19c
5%
•
Zoo
Feb
Jan
3,200
106
.
.—_i
Coghlan
Preferred
23c
15
15
_•
common—:
36c
Jan
6%
9
—.
Consolidated San preferred
280
4%
■
75
Jan
Jan
6%
A_
Marconi
Coast Copper
3.40
Low
*
*
class
Son
Sep
19
Range Since January J
High
Low
Vinegars
36c
47
72
4%
•■«..
::i6o
———-—1
Preferred
&
Mar
20c
3,247
1,885
'
21%
21
21%
Zii
—
—
Beath
Canadian
7.25
Jan
9%c
23c
«
—
Preferred
Sep
,
Sales
Shares
of Prices
Sale Price
Par
Sep
4.40
15c
Ltd
.Walker-Gooderhanr & Worts .comPreferred.
1.85
' '
Apr
Jan
95c
1,636
133,350
6.20
6.00
.$1
„
Mines,
Jun
6
3% Nov
1.50
16c
-1
Waite-Amulet
10c
Jan
STOCKS—
for Week
Range
Last
Nov
Canada
Oils
—
5V2c
250
—.
Vulcan Oil
Wiltsey
6c
5 lA
Week's
Friday
'
1.57
1
July
Jan
4%
Funds
inclusive, compiled from official sales lists
July
16
Jan
4
6.10
Ventures, Ltd.
Westons
7j/4
3%
5A
4Vl
Upper Canada Mines Ltd_
Vermilata
75
225
12 %
6c
6c
—
United Steel
Canadian
9
Jan
7
12
u
B—
Exchange-Gurb Section
Nov. 20 to Nov. 26 both
6
1,523
6%
%
Toronto Stock
1
High
Low
5>/4
6
Co of Canada
Range Since January
urn
LOW
Par
Union Gas
for Week
Shares
Range
Last
STOCKS—
Sales
Week's
Friday
Sale Price
FINANCIAL CHRONICLE
1.45
25C
Stop & Shop Ltd,——
Jan
25c
May
7c
,
25c
Sep
Jun
1.90
25c " Nov
NOV
—
OVER-THE-COUNTER MARKETS
i
Quotations for Friday
Insurance
Investing Companies
Bid
1
6.16
6.70
.VA
;2.95
Aeronautical Securities
Affiliated Fund Inc
—
A Common
A
——
preferred
6%
Series
Series
S-4—
A
16.62
27.52
29.59
9.20
9.96
-
'
1
8.64
3.95
4.35
9.60
10.32
10
series B shares——•
3.35
(Colo)
2.26
National Investors Corp
1
2.13
National Security
2.55
Low
2.55
Bond
111%
32%
3014
shares—w.
•
,
18.53
i
20.03
Automobile
Aviation
1
3.40
2.50
5.10
5.80
_25c
1.13
1.24
Bank
j
.
■---
Chemical ___A
19.71
1
Stock Fund——1—1
Equitable Invest Corp <Mass>_8
Equity Corp $3 conv pfd
1
Fidelity Fund Inc_r
;
•
Financial Industrial Fund, IncFirst Mutual Trust Fund.5
Fixed Trust Shares A_
10
Foundation Trust Shares A—1
Fund-—-—
11.53
—l
16.80
9.05
Railroad
4.05
c(fs:
Series 1953
21.21
Series 1955
5.16
I—
Series 1958
5.42
1
t——1
L„ 10c
i
1
Plymouth Fund Inc
Putnam (Geo) Fund.:
Inc Shares——10c
Quarterly
American
Merch
12%
16%
61%
43%
x83%
88%
National
9
21%
19%
-10
35%
5
x38%
33 %
37%
40%
36
-
,
__--10
56%
10
40 %
Fidelity & Deposit of Md
20
10
Northern
10
Newark—__—5
Franklin Fire
5
General Reinsurance Corp
9
Gibraltar Fire & Marine
10
Glens Falls Fire
5
Globe & Republic—;
5
Globe & Rutgers Fire Ins. com.
Fireman's Fd of. San Fran
of
4%
5%
25%
57%
60%
9
—10
Hartford Fire
10
Hartford Steamboiler Inspect-10
Home
5
27%
26%
94%
American-.
Hanover
8% '
184
.-20
■
194
Casualty—.__2
26%
28%
—10
31 %
33%
10
44%
46:!.»
5
13%
14%
—2.50
22%
—————5
4%
5
;_12.50
88%
93
25
106%
Fire
—
Fire
Indemnity Co__:
24%
111%
45
47%
10
86%
90%'
5
14%
16%
Providence-Washington
10
Reinsurance Corp (NY)—2
35%
38%
Preferred Accident
—lo
(Pauli
Revere
;
4%
x26%
28%
22 %
24%
—
Fire
—62%
& Marine
St Paul Fire
Seaboard Surety
Security New
10
Springfield Fire & Marine
25
Standard Accident—.
U S
10
:
;—
—100
307
48%
51%
35
37%
131
125%
64%
67%
4.72
4.57
2
36%
4
48%
10
67%
72%
2.50
31%
34%
Fidelity & Guaranty Co
U S Fire
U S Guarantee
Westchester Fire—
45%
31%
297
.10
—
Haven—
Travelers
,
•
6%
10
—10
(Texas).
Republic
28%
99%
42%
30%
7%
2
Fire—
Phoenix
9%
15%
66%
29%
14%
62%
-X
8 %
7%
Pacific
66%
89%
13%
29%
47%
19%
45
62%
85%
12%
27%
44%
17%
42%
8%
7%'
22%
Pacific
145
139
9%
4
N Y
—
River—
Northeastern
44
Great
49
York Fire
North
60%.
Federal
Union
New Hampshire
New
23%
17%
Continental Casualty—:
preferred
46
—5
New Brunswick
5.75
5.50
Ins
Amsterdam
New
8
—10
Camden Fire
2nd
75%
National Liberty
40%
7
25
Connecticut General Life.^
72%
,10
59
100
New York
a12%
National Fire—
2Va
Boston
6%
(Detroit)—10
Fire
Fire
Casualty
—10
Baltimore American
Firemen's
Mfrs
&
Monarch
National
——25
—^
8%
Merchant Fire Assur
16%
10
Surety
Automobile—^
City of
5
—1
Casualty
Massachusetts Bonding
57
10
Reserve
American
40%
20
Y
Knickerbocker
Maryland
15
54
15 %
2%
Newark
Re-Insurance
American
37
-
38%
51%
7.74
6.36
10.39
4.55
X5.89
6.49
5.98
City Banks & Trust Cos,
New York
7.59
X5.77
York__——100
———10
Bank of New
Bankers Trust
'
87%
1.99
2.55
2.49
2.13
97%
34%
45%
13.76
13.80
6.49
5.90
6.13
5.02
5.51
Republic Invest Fund
1
3.10
6.00
6.25
6.88"
Scudder, Stevens & Clark i
Fund, Ihc__l———__.-4——*
86.84
6.05
Selected Amer
8.92
9.72
.„1
5.80
6.42
12 93
13.78
74.96
80.55
...
53%
206
34%
25
87 %
91 %
Public Nat'l Bank & Trust—17%
33%
36 %
Title Guarantee & Trust—12
4Va
4%.
12.50
12.95
New
York Trust
—
Trust
United. States
1.490
100 1,450
:
88.60
5.50
National Bank-
47
51%
196
32%
preferred
36%
.,100
3.41
5.45
Plrct
44%
20
Morgan (J P) & Co Inc
,100
National City Bank——12%
Conv
13%
—
6.74
Automobile shares
Aviation
shares—--.
—50
Empire Trust
Manufactures Trust Co com—20
Lawyers Trust—;
18%
45%
73
43%
69
Ask
155
307
—
Irving Trust ——
Kings County Trust
233
223
17
—
48
43
Bid
140
—100
299
—.—10 ., 12%
—.100 1,450
—25
33%
Guaranty Trust
3.75
473u
92 Va
101 %
^6%
47%
45%
100
Central Hanover Bank & Trust 20
Chase National Bank,.—13.55
Chemical Bank & Trust——10
Commercial National Bank &
Trust
..-.-..-100
Continental Bank & Trust—10
Corn Exchange Bank & Trust-20
Par
100
Trust
Fulton
19%
18%
3.63
Co.—10
Bank of the Manhattan
Ask
Bid
Par
Brooklyn Trust
Securities—
Agricultural shares—
Group
—
Building shares——-Chemical shares
—
8.16
Administered
Fully
—
Sovereign Investors
7.11
6.80
shares-,—
bond shares
General
5.02
6.46
Food shares————
8.97
Shares—_1_. ,2%
Selected Income Shares—!—. —1
4.56
Equipment
Electrical
■
American of
16%
83%
Jersey Insurance of N
35%
78%
24i%
12'%"
20Va
Casualty-—10%
—5
18%
Fidelity & Casualty_5
11%
Ask
Bid
14%
80%
Fire_.
10.76
X6.90
38%
•
1
i
——
Series 1956—;
4.21
32.33
6.92
shares;
Trust
Amer
4.44
•
9.32
8.58
X4.12
equipment—1—
3.50
5.03
8.35
X9.79
u.—
.
North Amer Bond Trust
North
30.11
X7.59
X5.43
Railroad
19.35
•
1
Trust
X5.29
X7.03
t ii—_
/— L—
"1.83
5.54
9.86
5.83
X9.45
1
Metals
18.08
1.66
4.97
2
Shares A—2
Corp
General Investors
29%
,■
—
29.66
28%
Machinery
12.38
27.58
Fundamental Invest Ino
Fundamental Trust
21.17
x8.9^
X7.80
stock—2-—
Insurance
,
12.36
X6.28
supply—J.A.
Eleqtrlcal equipment— j——
.Howard—
6.78
X8.47
A—v.
stock—
■
Building
——
6.46
11.47
—L——
....
4.51
,
6.11
1
+.L
—11
•Agriculture
"•.
7.37
5.86
series—L—:
England Fund-
2.81
4.07
series————L_
New York Stocks Inc—
:
4.47
nil
New
2.47
6.70
Preferred stock
-10
7.06
Series—t
series-;
priced bond seriesJ—
Low
1.19
Alliance
American
Fire Assn of Pliila
1.29
6.53
—1
priced stock common-—
Income
v
29
27
;
Employers Reinsurance
1.17.
_25c
<Md): voting shares.;
—
Employees Group
Securities—.'
Nation-Wide
'4.78
10.78
9.80
invest Fund Inc_L
Mutual
Life
Bankers & Shippers
Fundi——1
2d
Investors
Mass
1
Capital
37.20
7.85
21.01
2.13
Fund———
Diversified Trustee Shares—
General
36.46
19.54
37
35
.100
Balanced
89.30
Maryland Fund Inc
.——lbc
Mass Investors Trust—*—1
145
4.40
.—1
preferred:
Shares-
&
4.00
1 5.98
.—10c
Common
2, 320
;
.100 2,220
.100
140
mod——L.
.—1
Serles ACC mod
—
-10
(ACrum & Forster common-.
.100
A8%> preferred——r—
Crum & Forster Insurance—
Dividend Shares
3.60
Manhattan Bond Fund Inc—
AA
7"—"—
9.33
87.59
Sayles Mut Fund.-;.,
*
Sayles Sec Fund-'——10
Loomls
Loomis
III
Delaware
American
12.52
5.45
3.60
————
B
24.63
—
14.83
Accumulative series——
A7%
American Equitable
L„—
Fund
27.63
Securities com—.
A Common
American
18.49
8.47
13.53
.—1
'
Knickerbocker
102,19
15.46
•
Cumulative Trust
16.72
S-3—
3.52
Corporate Trust Shares.—1
Series AA
——
Eaton
5
9.3G
16.82.,
L_.
;
X3.05
Commonwealth Invest
Consol Investment Trust—
D
S-2__—
25.56
Chemical Fund—
Series
Series
Agricultural
15.25
_L—~
K-2„
Series
3%
Aetna
19.04
8.54
-
1
Trust
Preferred
K-l___„;
13.36
98.10
.
22%
Aetna
28.04
_A;
,__1
Fund' Ltd—
Canadian Inv Fund Ltd
Bullock
Christiana
Series
•
29.14
11.37
B-4__—
4
._10
AmericaZE
Boston Fund Inc—1———
.—5
Broad Street Invest Co Inc_.
Century Shares
Series
Series S-l—
of
Tr
Inv
Bond
15.26
3%
.—5
1
Industry Shares
Basic
/
B-3—
12.42
—1
25
—10
10
10
27.82
22.42
Series
6%
14.07
6
B-2—
25.55
17.36
B-l
3.31
3.02
1
SharesAmerican Foreign Investing. -10c
.—2
Assoc Stand Oil Shares—
1
Axe-Houghton Fund Inc—
Bankers Nat Investing—
American Business
Series
Scries
3.23
23%
21%
Corp—. ._10
Holding
AAmerex
P*r
,_„io
Insur Co of North America—_io
Homestead
144%
57%
136%
54%
33%
75
10
Aetna Casual h Surety—
FundsL.
„L_
Keystone Custodian
Companies
Ask
Bid
Par
Ask
Bid
Par
Ask
Par
Nov. 20
7.48
5.66
Industrial Machinery shares-
6.23
5.03
5.54
Price Shares
4.93
5.43
Merchandise shares—
5.63
Spencer Trask Fund
St Investment Corp-j.
State
Low
—
——
4.30
4.74.
shares
——
shares———
—
5.94
Petroleum
Railroad
ASeries
•
D
,
—
4.30
shares,-—.—'-A—shares-,-——
3.71
4.09
Trusteed Industry
4.17
4.60
Union
a Huron
Income
Holding Corp—
Foundation Fund Inc
1
26c
1.49
Investors-.——5
Independence Trust Shaves
Institutional Securities Ltd—
Aviation Group
♦
shares
I
Series
Bank Group shares
Insurance
Group shares
Co of
Investors Fund C
Investment
America—10
1
,25c
—
;r—
19.85
U S
2.38
.B
Stock Fund B—
23.31
21.45
11.44
11.18
8.00
5.39
5.89
17.91
16.38
Stock Fund.
E! Lt & P.wr Shares AL_.
ABlair
AFirst
& Co
Boston
Figures after
Dec
15,
Mar 15,
16.83
15.
lOOVi
102%
'
,
Feb 15, 1945
tl%%
1%
2
4S
1946-1944
4S
1964-1944
—
102%
102 "4
1955-1945
1955-1945
decimal point represent one or more
tDec
%
100.6
100.7
$Sep
100.7
100.9
100.19
100.21
%%
1
%
19441944.
us
S
Ask
Bid
1945—
%%
1945tDec. 15, 1945tMar 15, 1946-
vu%
100.15
100.17
%%
99.22
99.24
%
99.31
1
100.5
100.3
104%,
Feb
1, 1944
104
104%
Conversion 3s
1946
Conversion 3s
—194?
3s Jan.
1,
1956-1946
1.05^°
105%
U S
Mfi.v
I.
1956-1946—.;
106
106%
Panama
3r
Canal 3s
1961
1, 1944—
J%s Aug.
107 V
108
101
101%
100.1
Sept.
Bid
Ask
100.25
1 %
100.27
100.18
100.20
b0.44
0.33'
b0,64
——
—
0.61 V
b0.63
1, 1944—
3;%s Oct. 1, 1944—..—l.%s Dec. 1, 1944 wi
|.%S
100.4
-
100.7
105%.
105%
107%
107 Va
130
131%
are
for discount at
2.
Jan,
—;—
1943
9,1943
Dec.-16.
1943
23,
1943
30,
Jan.
6,
1943
1944
par
—
-
—
—
value,
a
13,
1944—
bo.37
b0.37
b0.37
0,28%.
Jan. 20,
1944—j-
0.30%.
Jan.
0.32%.
Feb.
27,
3.
b0.37
b0.37
b0.37
0.32%
Feb
10.
1944
1944
1944—.
Odd lot sales,
0.32%
Feb.
17,
0.32%
Feb.
24,
0.60%
b0.74
0.72%
b0.75
0.73%
b0.77
0.75%
b0.82
0.80%
1944
1944
Bid
4«k
b0.37
0.32%
b0.37
0.33 %
b0.37 " 0.33%
b0.37
0.34 %
b0.375
0.35%
b0.375
0.35%
bO.375
0.35%-
c Ex-liquidating dividend of $31.50 a share
stockholders of record Nov. 23, 1943. d Deferred
b Yield price,
payable Nov. 30, 1943, to Adams Oil & Gas Co.
r Canadian market,
s Cash sale—not
rights.
tin default.
JThese bonds are subject
by sponsor or issuer.
'delivery,
purchase
Ask
Treasury bills-
■^No
U S
—
1 1944—
1,1944
}%S Apr
f%S May
15,
32ds of aInt. Rate
point
1946
1947
1%%
Certificates of Indebtedness—
t%s Feb 1, 1944:—————
15,
100.20
Dec
Housing Authority
l3/a% notes
15.
100.1
Dec.
Apr 15,1944
—
Maturity—
Ask
Bid
100 1/64 100.2
Bid
102%
103 Ig
104%
United States Treasury Bills
Other Issue 1
3%s
3s
Util 3%s——1973
Texas
99.31
Dec.
U
102 Va
1972
3%s
West
V/o%
1
1944
Dec.
Federal Land Bank Bonds—
106 Tii
104
22%
21%
Ask
100.9
106%"
Carolina Elec & Gas—
South
100.18
Mar 15,
Reconstruction Finance Corp¬
100.7
—
102%
Rates ouoted
Obligations Of Governmental Agencies
'
—
%%
15,
ISepfc.
fMar
—p.—_1
Corp——A—10
.
15, 1944-
Sep
1.60
15.30
1943-
i:X
Commodity Credit Corp—
4%S"
Ruppert
101%
99%
Int. Rate
Maturity-
Jun
15.70
Corporations
1.19
1.08
21.28
Investment Banking
88c
80c
101%
■
Quotations For U. S. Treasury Notes
77c
24.54
7.31
Wellington Fund—*
9.77
68c
19.47
Union Preferred
2.10
,
Lt—
—1972
(Jacob) 5s———1950
107%
T.'>
Puget Sound Fow &
,
1973
43c
23.80
25C
C—
18.46
8.91
101%
104
108 'A
(Indiana)—
Service
3V4S series E
6.10
series, A
B_
—
Incorporated
-
Shares-'—
Bond. Fund
Union
1.37
Common
5.50
Class1
Series
14c
& Light 3
L..1973
3Vts series A
Trusteed Amer Bank.Shs—
3.77
3.90
..
Power
Power
Public
—I—.
3.42
Utility
Shares^--
ASeries B
Equipment shares-
Tobacco
2.06
.ASeries .A——1—
Steel shares—-4———
RR
2.16
1
3%s——1968
Lt 3s—1973
V4S-1973
Northern Indiana Public Service
3 VaS
————1973
Panhandle Eastern Pipe Line—
2%s debs
.1953
Calif Elec
Delaware Power &
Iowa
Ask
(New Hampshire)
Public Service
102 %
101%
101%
103%
107%
3s.—.—1963
Bid
Ask
Bid
Gas Light
...
Stand Oil
Trustee
3.32
3.01
C—
A Series
•.
Recent Bond Issues
Atlanta
2.15
1
Corp of Amer AATrustee Stand Invest Shs—
6.54
Mining shares——
.—1
Super
6.20
Investing
L_
__L_
3.95
included in range for year, x Ex-dividend, y Exto all Federal taxes. AQuotations not furnished
THE COMMERCIAL & FINANCIAL CHRONICLE
2188
Monday, November 29, 1943
Week
THE COURSE OF BANK CLEARINGS
1943
clearings this week show an increase compared with a year ago. Prelim¬
inary figures compiled by us, based upon telegraphic advices from the chief cities of
the country indicate that for the week ended Saturday, Nov. 27, clearings from all
cities of the United States from which it is possible to obtain weekly clearings will
be 15 4% above those for the corresponding week last year.
Our preliminary total
West
Virginia—Huntington—
Virginia—Norfolk—.
Richmond—
South
District of
for the week follows:
-.V
,
Total
'r:--
(6 cities)
312,425,136
Kansas
City
Louis
St.
---
Francisco
San
Pittsburgh
Cleveland
Ten
Other cities,
:
—
——
8.9
105,604,350
84,325,140
3.9
34,914,627
27,935,117
267,718,217
+10.9
.203,274,429
163,739,592
7,770,46^
+ 48.9
-
five days-
cities,
Total
cities
all
,
n,
A
wt ■#•
90,379, 109
Total
$6,930,901,305
———.
Reserve District of 0.9%,
furnish
'
Federal
SUMMARY OF BANK CLEARINGS
"
1943
Districts
Reserve
1942
■
3,783,776
2,454,603
1,720,485
2,332,349
28,249,000
+ 18.4
22,338,000
1,733,134
•'19,420.000
3,227,904
Boston
2d
New
3d
Philadelphia
5th Richmond
»
14,186,314
—11.1
8,855,881
„■ 5,663,155
+ 25.1
4,541,478
3,788,383
5.3
44
6
———
593,461
"563,440
503,403,322
430,038,412
+ 17.1
462,005
390,913,457
319,092,886
1,915,716
2,348,714
—18.4
3,478,333
1,088,506
5,393,770
—
;
+ 14.3
4,680,958
4,143j658
1,978,845
+ 20.2
1,986,790
',1,358,165
2,059,202
+ 10.7
1,745,384
631,901,372
548,031,076
208,000,000
166,000,000
+ 25.3
130,900,000
98,000,000
77,288,800
70,088,683
+ 10.3
57,676,572
39,113,778
59,140,783
59,012,046
+
0.2
46,960,799
36,479,711
1,129,000
903,000
+ 25.0
709,000
678,000
345,558,586
296,003,729
+16.7
236,246,371
174,271,489
Total
(4 cities)—
Ninth Federal Reserve
.1
5,256,574
Minneapolis—
St.
■
153,753,097'
6,422,600
75.858,670
38,115,265
29,938.822
3,905,305
—42.0
+ 15.9
1,170,426
888,084
+ 16.5
1,519,285
,1,064,172
6,801,903
—15.7
5,468,198
3,767,439
193,556,587
+ 17.7
150.500,236
■'**
'■
12th San
—
Francisco..^..
10
284,687,734
204,445,182
486,441,058
,
193,,556,587
+
150,500,236
+ 16.9
186,203,340
142,061,823
141, 288,265
+
6,6
112,820,486
513,512,157
509, 119,491
351,612,445
0.9
York City
Canada
8,271,059,718
+ 18.2
7,021,931,904
+ 10.6
3,501,984,262
534,850,713
+40.5
507,870,346
415,438,256
751,290,442'.
add
now
our
Pueblo
1943
Clearings
at— +
■'
,'-i
'
•
1942
$
V !.
Inc.
\
20
739,279
New
+
2.2
723,331
7,118,196,. —51.2
4,366,603
—
14,360.475
Haven—Ah!-'-
cities)
York—Albany—
Binghamton—
Buffalo
767,273
+
20.2
3,723,261
3.847,654
+ 18.2
2,363,237
2,294,284
5,368,752
18,877,100
688,326
—13.1
438,030,770
'448,392,640
,
5,562,926
74,588,000
60,700,000
1,310,903.
1,133,010
1,108,850
3,838,370,989
11,238,663
Jersey—Montclalr—____
10,555,486
6,423,856'
'
584,453
{12 Cities)—
Third Federal Reserve
307,736,882
8.0
48,400,000
41,618,774
—
4,003,616,403
36,400,000
728,636
3,027,388,501
8,314,352
6,006,747
358,583
380,317
'
7,952,845
4,927,214
4.1
22,345,079
19,308,167
5.1
27,200,850
"28,lli,208
+26.3
521,841
'
—1
Chester—;
Lancaster
464,904
+ 12.2
1,377,837
—15.0
510,863
1,742,620
3,659,786,712
.3,145,938,712
Reading—
—-
Scrantori———1
1,462,213
2,352,526
482,894
404,771
448,000,000
4.8
l,45l;773
541,000,000
■'
'1,405,703
+ 17.3
1,535.262
2,760,113
;
—
..
439,891
1,259,627
+ 16.8
616,000,000
2,516,391
2,869,843
'
——————
+15.1
—
1,200,482
1,508,584
Wilkes-Barre——:—i—1,590,799
1,184,213
+ 34.3
1,172.400
997,557
1,809,565
1,862,879
2.9
1,600,280
1,176,533
4,141,000
+ 37.6
York-
New
.—
-
Jersey—Trenton-—
Total
■
5,6.99.800
726,796,334
(10 cities)—
3,503,655
2,883,073
938,022
322,668,810
275,877,043
630,921,254
+15.2
3,792,500
555,368,644'
3,127,700
460,984,988
4,643,403
Cincinnati
Columbus
3,229,617
112,580,287
212,355,254
17,189,100
13,543,100
Mansfield—
2,568,768
3,158,653
Youngstown—
4,396,434
4,513,941
..
—
+ 43.8
110,992,570
236,428,591
.
2,943,295
2,196.397
1.4
87,670,813
64,736,797
+11.3
159,980,006
114,034,944
+
-
(7 cities)
————
,
470,844
718,485
572,137
+
16.9
186,203,340
142,061,823
2,454,469
+
5.3
2,092,125
1.275,731
112,804,000
+
6.4
87,124,876
63.678,236
15,665,553
+
8.9
14,352,980
8.979,259
3,658,000
3,338,000
Galveston..
Falls.
1,618,807
5,756,438
150,614,878
+. 9.6
1.269,805
5,697,196
141,288,265
2,986,000
'
+ 27.5
1.985.000
1,263,930
1.172.001
1.0
5,000,575
3,359,505
+
6.6
112,820,486
80,449,732
+
3.6
—
,
(6 cities).
Washington—Seattle.
87,662,646
84,650,502
60,177,^22
43,241,348
2,607,826
2,019,421
+ 29.1
1,513,201
Oregon—Portland-
81,931,609
—11.6
53,506,986
Utah—Salt Lake City...
1.047,562
37,986,234
34.457,358
92,674,932
33,363,672
3.3
25,827,294
California—Long Beach,
19,507,660
11,497,814
6,958,192
+ 65.2
5,081,411
3,843,925
1,803,641
3,005,817
—30.0
3,409,433
279,539,000
275,136,000
1.6
192,457,000
3,700.798
3,083,592
146,788,000
Yakima.—...
•v
Pasadena
San
Francisco.
San
Jose.:
Santa
+
6,741,768
4,996,094
+ 34.9
1,398,219
,'4,916,642
+ 63.2
1,662,255
1,392U"39
4,938,184
1,5
4,276,745
3,26^3
513,512,157
509,i 19,491
9.778.304.446
8,271,059,718
+ 18.2
7,021,931,904
5,795,470.:
4,000,336,862
4,432,688,729
+ 10.6
3,501,984,262
2,768,081,(
+;
2,886,814
6(.
Total
Grand
+
'2,282,311
Barbara.
Stockton
(10 cities).
Total: (111
cities) J.
——
+
Canada—
1943
,0.9,,
\ f
:'/v; I.;-"
■
$
Inc.
'
351,612,445
Ended Nov.
1942
$
-
Toronto
+
-/.
Week
!;)
:.
18
or
,
Dec. %
1940
1941
$
,=•
Winnipeg—
136,323,102
+ 27.5
165,618,504
128,189,501
182,645,153
.+137,225,357
+ 33.1
148,503,005
117,399,902
129,183,926
Vancouver—
Quebec.
67,362,941
23,386,023
Ottawa—-—
26,184,568
,
143,643,555
Halifax—.-i.
8,682,721
Calgary——
..
.
*
St; John.'
8,253,441
2,973,860
-.2,034,802
3,537,528
Regina..——
.
Brandon
•
2,548,015
,
,
,
9,783,646
Edmonton.—....
+
6.8
4.0
8,128,116
s ti
9,693,527 +
.
+
7,478,614
;
'
/
6,898,935
■
2,165,020
,
+ 23.3
:
2,037,473
1,958,718
3,176,109
,
+.36.0
7,863,718
6,916,649
•
■
2,400,516
'
+■ 16.7
;
3,827,677
7,678,204
8.8
3,031,516
6,172.629
5,041,731
.
177.0
iv'7i 198,363
18,872,549
40,451,980
6,742,438
+ 16.7
—
50,934,141
v
21,578,490
3.4
4,516,219
,
22,859,530
1,910,161
+
6,772,447
4,232,591
Hamilton.—
57,170,190
43,835,457
■
7,001,615
....
+ 91.8
—10.7
+ 52.8 '
,
93,988,437
3,078,180
6,856,252
5,216,671
5,708,089
5,723,244
7-r-
Lethbridge—."
639,859
O+0+-
1,713,777
1,156,382
;+ 48.2
917,638
718,123
5,033,345
1,108,438
2,245,433 ,th^24.4
987,517 ii+12.2
1,987,354
1,823,274
Saskatoon—
Moose Jaw
—
Brantford_.w—
1,289,553
698,330
1,100,383
Fort
William—...
1,283,946
1,342,122
New
Westminster,
878,772
1,114,715
Medicine
Hat.—..
515,577
1,351,469
5,335,768
Prince Albert:—
—
Kingston
!
447,600:
846,972
-
.
826,114
+ 17.2
1,126,361
4.3
1,377,466
—21.2
966,769
721,872
—
"
,
993,276
863,642
473.421
+
8.9
429,991
386,358
+ 32.0
881,111
666,191
—11.6
1,261,624
/
5,427,911
+
—
927,237
706,037
1,383,876
1,176,854
906,090
Moncton—;
542,123
1,391,191
.
1,229,586
Sherbrooke
8.4
835,453
■
1,102,768
Peterborough—
r+
830,221
+
1,266,336
913,594
7.1
1,477,200
1,187,900
1.7
6,856,252
3,540,724
+ 31.3
603,275
451,474
+ 17.6
1,420,055
1.058,076
9.1
842,318
708,895
26.9
12,719,800
9,804,500
Chatham.—.
906,617
780,632
+
16.1
864,061
782,781
2,840,010
2,162,568
Sarnia
945,956
675,216
+ 40.1
524,991
558,333
2.6
3,402,973
2,741,229
Sudbury..
1,264,098
1,156,229
9.3
1,099,846
989,388
751,290,442
534,850,713
+ 40.5
507,870,346
415,433,256
+
244,481,543
+
7.4
179,500,314
592,274,678
+
8.1
449,057,211
338,218,582
...—
+
142,542,147
640,266,530
,
263,033,
173,864,874
Montreal
Total
Total
585,983
—18.7
—
262,459,947
Pennsylvania—Pittsburgh
8.5
0.5
+
—•
2,583,710
Windsor
Cleveland
1,604,165
17,057,165
Kitchener—___—
Fourth Federal Reserve District—Cleveland—
Ohio—Canton
88.968
*120,000,000
London
517,370
1,429,333.
+103.3
1,491,770
709,000,000
—,—,————.
Philadelphia
+ 41.8
1,333,126
933,554
Victoria
1,170,671
'1,038,712
—..
£
—
5,601,585
1,446,084
509,999
+ 22,1
—
V
3,519.947,642
9,110,788
-5.530,683
6.5'
1.1
,
769,612
986,563
.:V
+14.6
—
29,489,980
5,057,982,439
22.9
""
Bethlehem—
100,354,084
1,173,850
District—Philadelphia—
Pennsylvania—Altoona—
129,757,899
13,388,227
15,276,376
1,546,184"
+ 27.1
+
478,563
39,481,704
jersey
+
'7,581,595
28,274,271
Northern New
•
+15,7
:
5,604,421
7,500,369
;
_
+
1,027,054
4,877,967,584
_
729,634
345,933,238
4 0.9
-
12,663,700
'
+ 43.7
1,493,608
Syracuse——_—
i
Connecticut—Stamford——_
+ 13.9
7,944,370
.
1,507,357
—
191,549,296
Springs.
Outside New York
,
.7,996,418
——1—_—
4,489,328
+
13,136,900
-731,465,;,
2.3
—
York——:
Total
—
————
—
Rochester-
11,124,948
12,380,569
+ 20.7
_.
New
398,416
999,579
+ 11.2
Jamestown———w—
New
478.964
+ 33.8
598,499
_———.
New
+ 17.9
1,089,697
3,634,047.4
+145.5
Second Federal Reserve District- ■New York—
■
788,890
5,055,957
46,340,700
Hampshirem!»lanchester—
(12
867,979
12,917,102
6; 100,579
—
Island-rriPrpividence
Total
'.-!
2,870,614-
.—
Connecticut—Hartford
New
+ 29.0
2,428,852
1,457,850
Worcester—
New
1,881,759
268,184,923
—
388,228
457,665
'
Rhode
2,511,969
1,079,174
.
566,073
649.963
•
302,720,600
394,635,239
—
Springfield
3,143,103
218,248,679
(10 cities)
Total
9.7
356,186,655
Bedford
3,951,938
•
1940
836,565
3,472,677
Portland-—-.—
River
42.0
103,550
Twelfth Federal Reserve District—San Francisco-
Maine—Bangor-
Fall
'30,532,772
1,908,601
+
Fort Worth
First Federal Reserve District—Boston-
Massachusetts—Boston
42,441,644
+ 17.5
4,799,298
Texas—Austin-
' $
Dec. %
$
+ 23.2
2,634,966
Louisiana—Shreveport.
.
1941
or,
64,741,254
...
Wichita
Nov.
2,296,509
+
Eleventh Federal Reserve District—Dallas-
week ended Nov. 20 for four years:
Ended
116,163
3,101,585
St. Joseph.
detailed statement showing the figures for each city for the
Week
*130,000
1.0
6,817,166
Dallas..
We
+ 10.2
+ 68.7
3,096,345
Colorado—Colorado
2,768,081,610
32 cities
.a--;——
222,395
0150,000
79,738,589
5,795,470,111
4,432,688,729
.
118,001,341
3,907,101
__
Missouri—Kansas City
Total
9,778,304,446
4,900,336,862
111 cities
Total
Out-side New
245,102
Wichita
80,449,732
263,039,987
+
V
253,105
Omaha..
118,001,341
275, 877,043
150,614,878
.••44 "V
-
3,945,816
Kansas—Topeka
395,581,801
174,271,489
236,246,371
17.7
Nebraska—Fremont
163,739,592
203,274,429
227,738,333
4i
2—6
—
Lincoln—.
322,668,810
4«
>
City_j_:—■—2 10
—
'
227,738,333
Tenth Federal Reserve District—Kansas
City—
Hastings^.
ii"
2,932,293
1,501,502
1,574,383
5,734,023
(7 cities)—
460,984,988
+ 16.7
3,170,091
1,739,583
V'..
Total
338,218,582
.296,,003,729
3;551,861
96,947.285
+ 20.1
+
1,833,689
■;
3,146,938,712
"•
4,109,686
22.3
47,599,419
2,264,639
Dakota—Fargo
Dakota—Aberdeen
449,057,211
17.0
—18.2
125,751,475
57,156,728
Paul....
555,368,644
10.9
v
District—Minneapolis—
Minnesota—Duluth
3,659,786,712
+ 15.3
395,581,801
Kentucky—Louisville
8.1
+
486,441,058
$
$
+
-
+15.3
Tennessee—Memphis..
Illinois—Quincy
15.2
•
1,342,822
!
Eighth Federal Reserve District—St. Louis—
Missouri—St. Louis
+
548 ,031,076
345,558,586
V
4
—
—7
9th xMinneapolis
10th Kansas
631,901,372
<4
Louis—■__—
11th Dallas
'
II
17
351,793
2,280,288
—
(17 cities)
+
364 260,232
426,342,655
C
*.*•+---
+
—;
307,736,882
267 718.217
296,891,582
44
10
.
7th Chicago
1,264,813
2.379,342
345,933,238
592 274,678
5,761,047
1,572,312
11,406,933
19,944,473
6,166,042
2.3
630 921,254
41
2,131,828
7,136,139
"
-f
+ 30.1
Peoria
+>v-':
—
2,642,997
—24.7
1,642,158
Rockford
+ 26.3
4,003, 616,406
D
7
...
640,266,530
t«
•
10
6th Atlanta
8th St.
12
„_
—
5,057,982,439
726,796,334
■
York—_—_
4th Cleveland
448, 392,640
+ 19.7
10,292,031
31,782,122
24,357,033
—_———.
Springfield
1940
1941.,
Inc. or
Dec.
:/
438,030,770
cities
12
1st
*'
$
Week Ended Nov. 20
3,298,183
25.1
+ 58.2
+
8.6
Montana—Billings
•
.
+ 11.3
2,136,053
i.i.
...
South
•.
V'
285,744
2,875,169
"
Total
■
608,511
..
12,607,930
Helena—
;S "'•. /V-'-.i
204,445,182
V 7,082.311
North
•"_
by Federal Reserve Districts: v +.
a summary
284,687,734
+ 16.6
4,304,382
•
we
149,195
47,533,188
2,907,849
7,750,510
In the Cleveland Reserve
an expansion of 15.3%, in the St. Louis Reserve District of 16.7%
Minneapolis Reserve District of 17.7%.
In the Kansas City Reserve
District there is an improvement of 16.9%, in the Dallas Reserve District; of 6.6%
following
61,291,295
'
Decatur
larger by 8.1%, in the Richmond Reserve District by 10.9%
Reserve District by 17.0%.
In the Chicago Reserve District
in the San Francisco
2,105,392
156,176
7.7
■■
518,609
34,502,415
^
Chicago...
however, which we present further below
the
In the
3,345,358
21.4
+17.0
364,260,332 *
604,599
Illinois—Bloomington.———
the totals record
in
0.6
+
+
87,386,330
3,863,900
—
Sioux City.
are
Atlanta
the
in
4,870,359"
190,050
1,267,592
4,550,110
•
week there was
an; increase of 18.2%, the aggregate of
clearings for the whole country having amounted to $9,778,304,446 against $8,271,059,718 in the same week in 1942., Outside of this city there was an increase of
10.6%, the bank clearings at this center having recorded a gain of 27.1%.
We group
the cities according to the Federal Reserve Districts in which they are located and
from this it appears that in the New York District (including this city) the totals
show a gain of 26.3% and in the Philadelphia Reserve District of 15.2%, but in
District the totals
26,164,143
5,383,585
Iowa—Cedar Rapids
Des Moines—
final and complete results for the week previous—the week
2.3%.
42,325,926
33,444,000
Indianapolis....,
South Bend—.—
+15.4
figures are not available at time of going to press.
Accordingly, in the above the fast day of the week in all cases has to be estimated.
the Boston Reserve District the totals show a loss of
+ 40.4
-—
3,237,788
....
Indiana—Fort Wayne—
ends Saturday and the Saturday
For that
22,994,000
47,955,665
,
—i——
Lansing—
3.0
Complete and exact details for the week covered by the foregoing will appear
in our issue of next week. We cannot furnish them today, inasmuch as the week
20.
31,335,000
1.0
District—Chicago—
Terre 'Haute.——————.
able to give the
2,632,787
1,670,520
+ 24.6
426,342,655
—
Wisconsin—Milwaukee,..—
In the elaborate detailed statement,
+ 80.0
230,744
(10 cities)
Grand Rapids.—,
\
+18.7
+
'•Estimated.
are
+
1,249,860
4,840,491
Seventh Federal Reserve
"
ended Nov.
2,525,936
39,704,872
94,106,839
+ 13.7
$5,455,995,930
73,500,000
1,385,467
67,J39,dl2
L—
Louisiana—New Orleans
7.9
1,157,074,425
$7,996,834,885
24,020,677
'•
2,249,912
Mississippi—Vicksburg
+ 20.1
1,474,905,377
5,325,528
33,089,490
102,200,000
■■
+14.5
+ 24.2
+
$4,298,921,505
1,519,366,977
«*'•*■ ■■
week.
for
124,270 ,461
97,515,766
$6,477,467,908
day
one
154,318,289
4.2
6,621,182
4,3
+
'49,469,895
:
Michigan—Ann Arbor
cities, five days.
Total all
+
1,315,580,068
five days,
36,506,795
136,100,000
.
Mobile
+ 18.2
$5,161,887,840
n
All
.
182,415 ,000
159,036 ,701
;
2,550,675
Macon—
1,400,674
+
Alabama—Birmingham
+ 18.1
'-V.
————————--------
cities,
+ 20.7
113,700 ,000
190,053,000
—
Baltimore-,—
122,864 ,651 '
187,+51,761
-
——
—
.
Florida—Jacksonville
148,276,199
——
8.5
4.6
+ 11.1
134,300,000
V
+
+
45,780,484
1,985,077
+
11,569,719
287,919 ,863
3,660,000
56,155,595
8.0
40,435,777
38,084,568
228,621 ,452
911,780
3,703,000
f 20.0
—
141,149,325
155,900,000
>
409.000 ,000
$
638,177
296,891,582
—_.
428,000,000
i,
——————
-
5.7,
—
1940 -
$
42,016,750
—
Columbia—Washington—
253,953,187
and
2,282,686
153,700,568 V
;
.
'
7,038,000
75,845,588
■;
:
46.2
! +
4941.
,
:
'
Georgia—Atlanta
Augusta
+ 25.8
966,841
2,099,695
Nashville
1942
$2,580,714 ,268
-
6,637,000
Tennessee—Knoxville
1943
$3,247,610,268
York—
Philadelphia
and
*
20
or
Dec.- %
91,024,328
.
Sixth Federal Reserve District—Atlanta—
Clearings—Returns by Telegraph
Week Ending Nov. 27
and
:
.1,413,241
-
Carolina—Charleston—.
Maryland—Baltimore
$7,996,834,885 against ,$6,930,901,307 for the same week in 1942.
At this
there is a gain for the week ended Friday of 25.8%,
Our comparative sum¬
New
we
$
at
center
mary
Inc.
.
Fifth Federal Reserve District—Richmond—
Bank
stands
Ended Nov.
1942
5.
132
cities).
•Estimated.
Volume
158
Number 4233
THE COMMERCIAL & FINANCIAL
CHRONICLE
Connecticut River Power Co.-
General Corporation and
Investment Jews
costs—
Maintenance
Depreciation
Taxes
holders of record Dec. 3.
Regular quarterly payments of 50 cents each
June 30 and Sept. 30, last.
Distributions dur¬
ing 1942 were as follows: March 31, a regular of 25 cents and an extra
of 25 cents; June 30 and
Sept. 30, 50 cents each; and Dec. 28, $1.—
V. 158, p. 1129.
made
March 31,
on
Total
corporation's
air
to
express
pound miles, an increase of 44%
Canada
for
October
Balance
October, 1942.
18%, compared
age lor October was 8,432,167, up
with October last
Passenger mileage last month was 843,326, 58%. over October,..
1942, it was announced by Sigmund Janas, President.
for
year.
and
municipal)
charges
charges-—.._
other
for
in
the
The
corporation has applied to
wise"
to
operate
circular
a
from New York
Aeronautics
"clockwise
route
728,360
$955,029
for per¬
counter-clock¬
The
of
1942 period
City with stops at Pittsburgh, Columbus, Dayton,
Detroit, Cleveland and Niagara Palls, carrying passengers, property and
3.
mail.—V.
against 25
158, p. 1528.
Bimiiar
Distributions
12 Months Ended
Operating,
1943
amount
1942.
was
$320,000
$353,522.—V.
—_w_——\
Other
and
excess
taxes
"■■■
■
•
!
Income
Net
V.
41,025
37,519
21,146
18,847
34,794
$153,926
$133,972
3,256
5,819
taxes
—■
——
t
' '
'
1
•.
'
158,
provision
$157,182
158, p.
The
subs,
and
State
income
$64,745
•'
Net
768.
"
1943
fees
Provision
for
depreciation.—--—
£392,100
900
*
net
18,558
25,370
15,762
£93,453
.
(&
1943
sales
sales
_
.Selling, administrative and general
Operating
expenses—
Interest
Total
Minority
I—.
in
lest.)
533,896
$3,246,603
60,320
85,225
^
Surplus
kwh.
J
—_
and
depletion
$2,214,705 in 1942.
-
of
$70,000;
net
Sheet,
Sept. 30,
$151,413;
post-war
for
tax
credit
(est.),
fixed assets
(less reserves for depreciation,
depletion
and
of $29,030,2801, $19,589,405; patents,
goodwill, etc,, $1;
charges, $377,613; total, $34,884,501,
payable and
accrued
accounts,
$1,123,743; Fed¬
eral
taxes,
1942,
$517,896;
reserve
for
Federal
taxes,
1943
(est.),
$1,153,500; reserve for taxes and other contingencies, $631,844; minority
in subsidiary
companies, $1,036,253; capital stock
(537,406
interest
shares
$21,849,354;
par),
no
$8,505,669;
capital
total, $34,884,501.—V.
surplus,
158, p.
$16,242;
earned
surplus,
and
expense.—_
177,252
•.
1,091,968
1,067,548
91,640
$6,074,338
$6,851,054
—
—L.
iL—i
$45,551
held
by
public....
*
■
also
V.
158,
2042.
p.
'
'
•
V
■
-
•
■
.
of
weekly
this
kilowatt
corporation
1,320,053
1,320,053
balance
income
$1,871,503
taxes
stock...
common
for
current
hour
output
adjusted
of
■'
electric
show
to
y
:
-
■
i
of
energy
Nov.
on
the
of
1941.1
30,
$2,610,840.
$8.73
1
based
are
fExclusive
24
announced
that
corresponding week of 1942,
of
electricity
kwh.
business
general
42.1%.—V.
of
1942,
no
from
sub¬
share
output
Compania Hispano-Americana de Electricidad,
S. A.,
that by virtue of the authority granted to
the ordinary general meeting of shareholders held
Sept. 30, 1943, the board has decided to distribute to the shareholders,
company
directors
current
dividend
for
the fiscal
1942-1943, bonds de caja of the com¬
pany, issued on Oct. 6, 1943, bearing interest as from Jan. 1, 1944,
at 4%
p-ir annum, Spanish taxes in effect as of Sept. 28,- 1940, to be
borne by the company and redeemable by drawings in
17' years as
from Jan.
1, 1944. ' Said bonos de caja are' numbered 3'64,001
to
as
468,000
►
and
the first
an
The holder of
B
and
C
nation?.!
No.
42
pesos.
The
each coupon No.
entitled
is
in
currency
of
the
bears the number 4.
series
D
42 of
receive
to
bonos
and
de
E
a
"Chade" shares of the series A,
value of 40 pesos Argentine
de
caja
issued
on
shares
to
Oct. 6,
which
agency,
will
represent
Guaranty
the
together
Trust
banks
endeavor
to
in
Co.
the
of
right
New
holder
receive
a
to
York
of
and?will
value
par
a
par
be
receive
200
Credit
stockholders
who
own
of
eight
value of
to
coupons No.
Argentine
Suisse,
charge of1 the financial service of
assist
coupon
delivered
e4db"%roup of
and
each
bonds.
same
1943r>have
pesos Argentine national currency each
shareholders at the rate of one bond for
The
the
coupons
the
No.
New
200
the
42
pesos.
declared
$3
and
;
at.
ratio
as
company,
in the
42,
tion
of
the
dividend
not
including,
however,
coupons
pertaining to
shares which are included in the list of estoppals No. 106, or subse¬
quent lists as, if and when they may be published.
The shareholders may present their coupons No. 42 to the banks in
charge of the financial service, who will take the necessary steps to
make delivery of the bonos de
caja to which they are entitled.—
V. 158, p. 1439.
to
of
free
Oct. 25, 1943, in the
preferred ordinary share
for such repayment
dividend of $1
a
the
usual
the
first
than
ten
months
that. the
of
this
for
stock,
9 Mos. Ended
Net
sales
and
reported
gen.
Gross
or
be
Oil
Company;
A
shares
31,
Other
income
Total
dividends
and
Proportion
Net
$762,534
36,527
$965,218
,
$799,062
15,750
and State
15,684
$980,968
per
accrued
common
to
119
330
The
$204,960
$1.06
Nov.
30.
the
of
such
15
and
declared
stock,
in
1943,
past
the
respect of
but will
ended
year
brokers
number
preferred
For
company
24,
and
1943,
of
ordinary
these
to
the
not
Sept.!
the
shares
and/or
services
the
on
issue,
is
amount
letters
issued
definitive
the
for
share
allotment
of
not
ordinary
commission
a
nominal
allotment
and
exchange
a
plan
designed
year. and
pension
letters
of
of
the
as
*
soon
as
certificates
and
on
after
for
authorized
was
salaried
designed
to
at
special
a
Sept.
1943
30,
on
under
the
available
100%
in
plan has been
in
cash
cash
on
Dec,
Feb.
15,
15
and
par
accumu¬
value,
payable
with $10 per share
May
1942.—V.
15,
158,
p.
1943,
769.
no
an
extra
dividend
par
value,
payable
Distributions
made
so
far
this
of
Dec.
year
15
cents
10
to
were
tier
holders
as
fol-
Federal
meeting
severance
to
at
65
with
of
five
set
of
the
of
those
and
of longer
death
75%
the
to
15
years1
service.
benefits
for
approxiThe plant
158,
,
p.
11
■
■
.
Chemical
offering represents the balance
by the
stockholders of
common
22, to purchase
for
each
five
stock held.
common
series
new
at
on
Shares subscribed by or
stockholders amounted to 53,-
common
A
preferred
stock
before Nov.
or
$107
from
The
1, 1948;
Dividends
thereafter.
Nov.
series
22,
Bank
Is
callable
at $110
on
the
on
at
$112 per
before Nov.
or
new
preferred
share if
1, 1953;
are
cumu¬
19431
Citv
National
agent for
the
no
of
New
.
i
,
York
has
dividend
$4
par
"A."
been
appointed
cumulative
as
eo~
preferred stock,
.
Listing
Company has made application for the listing of the cumulative
preferred stock, series A, on the New York Stock
Exchange, the Cleve¬
land Stock Exchange and the San
Francisco Stock Exchange.
Offering To Holders
.Holders
of
record,
lative
five
shares
EWT
or
preferred
shares
an
stock,
then
Nov.
on
at
1943.
reserved, leaving
of
of
of
$105
A
of
of
249,741
the
ratio
share.
per
total
196,126 shares
Stock
on
stock
common
in
A,
Common
business
aggregate
series
neld,
22,
the close
at
company's outstanding
rights to subscribe to
Nov.
''
were
of
of
expired
Preferred
rata
pro
the
share
one
Rights
5%
given
shares
of
1943, of the
10,
53,715 shares were
for underwriters.
Exchange Offer To Holders
cumu¬
for
at
each
3
p.m.
subscribed
for
Stock
Company will offer to holders "of its 60,000 shares of 5%, preferred
stock,
the right to exchange such shares for cumulative preferred
stock,
series A, on
the basis of one share of cumulative preferred
stock, series.A, for each share of 5% preferred stock, together with
cash
a
adjustment which,
preferred stock,
.cumulative
who
exercise
Feb.
and
drawing
the
employees
for
available
for
provide*
'
of
account
stock, no
This compares
;
employees
supplement
week.
age
$0.56
Sheet,
Diamond Shoe Corp.—Extra Dividend of 15 Cents—
common1
1,
price
pension
reserve
and
redeemed
15,
chares
the
respect
dividend
Oct.
615, leaving 196,126 shares, of a total of 249,741
shares,
public offering.
The price to the publicris $105 per
share.
Smith, Barney & Co. headed a natidnv/ide group
of 80 underwriters
making the offering.
Other principal
underwriters are: Morgan,
Stanley & Co., Dillon, Read
& Co., Kuhn, Loeb &
Co., The First Boston Corp., Harriman, Ripley & Co., Inc., Blyth &
Co., Inc., Goldman,
Sachs & Co., Lee,
Higginson Corp., Lehman Brothers and
Mellon Securities
Corp.
•
$336,859
preferred
on
not
application
qualify for membership.
contribution from employees.-r-V.
lative
dividend of $7 per share has been
declared
on
the $4 cumul. conv.
record
bank
no
for
151
.
Balance
lations
share
date
record Nov. 10, who had until 3
p.m. Nov.
one share of the
new
preferred at
142,003
corporation
Dep. 10 to holders of record Dec. 1.
paid on July 15, last, and $2 each
of
for
on
that
announced Nov. 24. ' The
243
Accrued Dividend—
have
rank
the
of shares not subscribed
228,841
[
28, July 1, Sept.
v
the
stock, series A, which will complete the raising of about
$26,000,0*00 of new working capital for the company was
taxes—
,
directors
that
_
interest——
income
minority
payable, $291,103; accrued payrolls, State and
taxes, etc.,- $71,906; provision for social
security and withholding
taxes, $10,395;-provision for Federal and State
ipqome taxes, $45,569;
deferred
liabilities,
$20,557;
miscellaneous
reserves
(abandonments,
taxes,
income • tax contingencies,
etc.), $135,822;
minority interest
■(Derby Oil Co.), $3,365; $4 dividend cumulative
preferred stock (18,849
shs., no par), $729,456; common "stock
<263,142.25 shares, at average
stated value of $7.89 per
share), $2,076,192; certificates of deposit out¬
standing (calling for delivery of. 21.35 shares at stated
value), $168;
capital surplus, $350,249; earned surplus,
$870,455; total, $4,605,239.
The
After
■':
Liabilities—Accounts
March
of
Co.—Preferred Stock Offered^—A11 of¬
fering to the public of $4 dividend cumulative preferred
157,500
Assets—Cash
on
value
■
414,900
in banks and on
hand, $1,282,883; accounts receivable,
$201,602; inventories, $495,144; fixed assets
(net), $2,595,582; deferred
charges, $30,027; total, $4,605,239.
A
in
allotted
in
$3,000
plan
Dow
and
——
share—
Consolidated
the
improve
11
$814,746
__
—
to
will
;
be
reserved for the
1942
48,013
———
income
Earnings
therefore
$105
2,863,526
247,784
——_
applicable
1943.
will
by
1346.
higher
$917,206
operations—
Federal
and
stock
mately 5,000 employees expected to
does not contemplate any
for
$3,873,845
revenue- -net
charges
—x——.id
Depletion, depreciation, etc——;
for
24,
extent
the
Nov.
Security
The
,,
earnings
250,085
Other
Provision
debenture
1944.
than
service
the
on
$4,127,425
v
income
5%
company
nominees.
by
will
stockholders last
both
2,960,134
from
the
ended
*•
the
commencing
for
their
retirement
Social
75
Subsidiary)
a
expense.:
operating
Just
year
shares:
be
more
the
of
value,
par
1943
profit
Income
Nov.
the
paid
will
actuarial
substantially
7
sales.
& admin
of
Douglas Aircraft Co., Inc.—Retirement Plan—
158, p. 1634.
_
of
Sell.,
the
shares
paid
available
listing of,both classes
business
——
Cost
profits1
previous,
whole
year.
dividend
share1 to
per
after
,
of
were
year.—V.
Derby
Sept. 30—
import-'
National
Akroyds & Greenwood & Co., of 12, Tokenhouse
Yard,
E.C.2, England, whereby the latter will
procure subscriptions
ordinary .shares* part of the new issue, at the
will
on
dividend
no
payment of
volume
year
the same period last
for
of
and
1,900,000
Retirement
share
per
quarterly
prior preference
requirement
states
iron
has made arrangements with
company
March
'
company
.
work
on
the
special
a
a
of
on
any
possible
;
•
Exchange.
The
York
purchase or sale of coupons No. 42 required to even up their holdings.
Only coupons No1. 42 of the new coupon sheets are valid for collec¬
and
,
in
The
local
par
caja'and
Argentine national currency of the
bonos
'
in¬
on
each
maintained during the
final results for the
The
year
Nov.
ended
fully
discharge of
financial
1,900,000
'
The directors also
approved the application for
of stock on the New York Stock
year
coupon
members
fully engaged
next
ordinary
2%
of both classes
stock.
common
announces
by
stock
the
new
transfer
The
the
5%
date
balance required
position- in
1S43.
p.m.
elec¬
of
is
been
early
and
3
subscribed
154,900,000
increase of 41.3'%!/:."Local
Exchange—•
22
the
on
75%
over
Miscellaneous
("Chade")—Bonos de Caja Distribution Voted—
of
The
1943.
27s.
to
214,80.0,000 kwh., compared
corresponding week of last year, an
the
value,
par,
stockholders
of
one
as
an
debenture
entertained.
London,
pre¬
meeting held on the same date, by a
of stock, approved an amendment to
the articles of
incorporation which provides for the substitution of $40
in net current assets per share of
prior preference stock for the two to
•
of
5%
the
to
Cazenove,
.
$12.18
rates
on
income
System
158, p. 2043.
Nov.
on
stock,
per
The
vote
subsidiaries
conditions
the
1944,
£3,183,138
Interest
amounted
for
(Including
the week ended Nov. 18, 1943, amounted to 252,compared with 223,758,656 for, the corresponding week in
increase of 28,715,847 or 12.83%,—V. 158, p. 2042.
17,
requires
shares,
participate
for
period
/
'
Jail.
on
which
on'redemption.
.
2,932,863
prior preference stock.
have
structure
than
be
The
$3,930,892
151,200,000
territory served for
474,503
capital
will
Derby Oil & Refining Corp.—Earnings—
Corp.—Weekly Output—
off
pay
stock
Subscriptions should be completed and forwarded with the
amount
payable on application direct to one of the
company's bankers, Bar¬
clays Bank Ltd., 54 Lombard St.,
London, E.C.3, or Midland Bank
Ltd., Poultry, London, E.C.2, or National
Provincial Bank Ltd.,
15
Bishopsgate, London. E.C.2, Eng and, so as to reach
$12,701
2,474,975
Septb'30,
shares of
;
•••
Commonwealth & Southern
The
to
ordinary
$6,863,755
.,
1941
be (knottn
the
payable Dec, 28 to holders of record Dec; 15.
Distributions of 50 cents
per share were made cn the common stock on
May 1, last, and on May
1, Nov. 2 and Dec. 28, 1942.
f\
Commonwealth Edison Co.—Redemption of Bonds—
See
28
28,
(England)—Offers Ordi¬
improved trading conditions which resulted in
increased
year ended
Sept. 30, 1942, as compared with the
Repayment
,
181,606
stock:...
which
company,
of
will
768.
The'Company has called for redemption as of Dec. 28, 1943 a total
of $1,000,000 of its 1st mtge. 3Va% bonds, series I, due June
1, 1.968,
at,'<0.05% and int.
Payment will be made at the Continental Illinois
National Bank & Trust Co., trustee, 231 So. La Salle
St., Chicago, 111.
Dec,!
June
March
,
•
Liabilities—Accounts
record
29,
on
the.
year
$9,867,218 $10,715,740
2,427,999
2,523,893
1
$3,191,562
company
common
1043
profits
excess
per
steel industry, and
Redpath, Brown & CoM. Ltd.,* and the Tees Side'1
& Engineering Works Ltd.,
forms one of the
largest groups
structural engineers in the
country.
'
of
$9,794,495 $10,754,161
72,723
38,420
income—
The directors
;•
Balance
amortization
deferred
discount
earnings per share of
for
cents
reserve),
debt
On New York Stock
1943
Assets—Cash, $4,623,946; U. S. Treasury tax notes (at cost), $500,000; other U. S. Govt, obligations (at cost), $500,000; marketable
securities
(at costi less $146,951
reserve), $690,747; accounts receiv¬
able (less $27,277 reserve), $1,923,214;
inventories, $2,790,339; invest¬
ments
lat
cost),
$3,661,823;
notes,
accounts
receivable,
etc.
(less
$38,089
95,627
<
$3.98
in
of
March
on
4 '
.
cents
Bridge
Cooper Bessemer Corp.—Votes $1 Common DividendChange In Preference Stock Provisions—To List Stocks
$528,782
$2,564,860
of
register
occupies a leading
with,vits -subsidiaries,
3,809,811
95,660
on
increase cf
,
Consolidated
.
$410,001
$3.76
depreciation
75
Sept.
The
1,612,218
share
common
deducting
of
holders
made
were
ordinary share for
ance,
3,539,146
5,506,525
taxes—'—'
debt—J—_
securities
on
distribution
$2,141,000
1,612,218
———
per
"After
and
$2,022,219
to
of 10%
Owing to adverse
outside the company's
control, the dividend for the year
30, 1940, was reduced to 7%, and no dividend was
paid for
the following year.
In 1942 conditions
improved, and a dividend for
that year was paid at the rate of
8%.
■-.1942
tricity (electricity generated and purchased) for the week
21, 1943, amounting to 218,900,000 kwh., compared with
660,701
1,700,000
earnings.
paid A.U———
Earnings
the
new
to
Consolidated Edison Co. of New
York, Inc.—Output—
$4,586,926
1,153,500
—
profit
Dividends
1943
——
scribed by the Revenue Act
sidiaries.—V. 158, p. 887.
2,198,694
10,564
taxes
interest
in
$43,291,845 $41,244,032
24,076,402
23,045,347
utility operations..
.■
"Federal
with
Net
on
one
shareholders
income
income
deliver
98,732
and-excess profits
preferred
Consolidated
$4,053,030
charges
Federal
to
payable
paid.
be
alone,
current
The
Other
to
$6,119,889
Consol.
387,131
dividend
24
company's cash resources.
Capes, Secretary, on Nov. 3 stated in substance:
Since the reorganization of the
company's capital in 1934 the business
has prospered and the
financial position of the
company has been
progressively strengthened.
Dividends on the
ordinary shares were
paid for the year ended Sept.
30, 1936, at the rate of 6%, and for
each of the three
following years at the rate
Ready—
prepared
V
-
,
Total
•»
1942
$2,859,472
——
decided
debenture
and/or ordinary share held.
will be provided out of the
The
2,629,199
profit
income
of
Consolidated
/•
■
charges on the company's properties, assets and
profits, 2,094,334
ordinary shares of £ I each (part of the unissued share
capital)
offered, in the first instance, for
subscription at the price of 27s.
share to the holders of
preferred ordinary shares and/or
ordinary
later
£133,090
$15,095,735 $14,321,282
10,207,064
8,069,558
——-
I
1,
conditions
tContinental Gas & Electric Corp.—
from interest, dividends, etc.—•
Subs.)—Earnings—
9 Mos. Ended Sept. 30—
have
repayment
per
Subs.)—Earnings
earnings...^—
on
Dividends
Columbian Carbon Co.
Other
is
Income
£176,709
each
Co., Ltd.
also
shares
cents each;
3,815,691'
Balance
14,459
—
of
trustee,
as
Miscellaneous
42,865
"Including
intangible
on
drilling
expenditure
producing
fields
amounting to £26,509 in 1943, £21,622 in 1942 and £31,334 in 1941.V. 158, p. 1729.
'
Net
Co.,
taxes—
long-term
on
Dividends
900
54,742
&
redeemable
proportion of
v
189,875
—
67,695
•
—
adjustment
Profit
Cost
Trust
(net)
Amortization
'
217,676
exps.
etc
1941
£393,219
900
^
"Drilling, production and field
Inventory
£395,487
cents
will
year
Total
1942
37 Va
this
are
record Dec.
12 V2
interim
an
premium
the
share
per
13, last, as
during 1942 were
taxes
income
Interest
—
exps,,
of
of
redemption
Sept.
14,
,
'..v-:;———_
earnings from
Other
gen.
cents
declared
cluding the 5%
The
$48,192
..
local
income,
Colonial
to
!
3 Mos. Ended Sept. 30—
and
and
revenues..——
expenses
State
."Federal-
applicable
10
..
operating
Operating
61,264
30,334
,
30,039
Total income
Directors'
Manufacturers
Sept. 30—
Subsidiary Operating Companies—
Colon Development Co., Ltd.—Earni
ngs—
Admin,
15
Disbursements
.
12 Months Ended
$139,790
62,399
.i,—
directors
mortgage
886,
p.
10-year 3J/4% sinking fund debentures due
July 1, 1953,
exchange for temporary debentures of that issue.—V.
158, p. 1634.
Total
accruals..——
from
20
to holders
14
June
on
1943.
definitive
•
——
Corp.
payable Dec.
mHae
15,
of
Continental Gas & Electric Corp. (&
deductions
income
were
March
dividend
Nov.
30 cents; May
cents each.—V.
158, p. 1936.
stock, payable Dec.
Dorman, Long
Co.—20-Cent Dividend—
a
and
-
2,
27, last.
Payments of 50 cents were made
29, Sept. 25 and Dec. 28, 1942.—V.
158, p. 1936.
The
34,607
profits
—-a--——
reserve
Utilities
—
•;
income
Retirement
211,287
—
Operating income
Other income, net
Gross
Fibre
declared
March 14, 25 cents; June 18 and
Sept.
14, 15 cents.—V. 158, p. 2043...
Dec,
16-cents;
Feb.
nary Shares—To Redeem Debenture Stock—
being
computed
in
provision for Federal
The
Consolidated Cigar Corp.—Definitive Debens.
$422,670
197,725
-——-—-~L'-+—'
income
23
par $5,
payments
on
2,
2,
"
R. S.
1942
$462,178
:
Operations
Maintenance
Federal
and
(& Subs.)—Earnings—
Sept. 30—
revenues
Nov.
stock,
cents
Nov.
Sept.
54,000
$814,399
includes
follows:
as
Colonial Utilities Corp.
Diamond
on
common
Aug.
•
follows:
as
Casting Co.—Doubles Distribution—
have
10.
new
directors
the
on
each;
:
were
and
common
and
$868,399
$901,029
period
such
Act
Board
and
l
Die
the
Towards
Continental
the Civil
air
10 cen,:S
1942
Aug.
directors
on
June
1943
Revenue
the
The
Applies to CAB for Circular Route—
mission
and
Doehler
$1,596,759
713,264
54,000
Income,
on
the
income
714,263
declared
taxes
l,
•
in
76,011
$1,668,293
dividends——...
with
cents;
share
capital
expense
Federal
taxes on
20
258,385
666,955
—
—
accordance
May
,
paid
■
dividends
Note—Tax
and
1
cents,
Dividends
571,397
86,144
Balance
was
508,449
280,631
<
and
before
Preferred
5,831,360
Mail pound mile¬
over
interest
20
1942
$3,216,814
'
State
before
low«:-"Feb.
'
1943
$3,210,472
—
—^
,
(Federal,
Balance
Colonial Airlines, Inc.—Air and Passenger Traffic
Up
.The
Sept. 30-rearnings™,^
gross
Operating
(Continued from page 2154)
were
-Earnings—
9 Months Ended
Total
2189
3
p.
Feb.
5%
m.
5%
EWT
15,
1944,
preferred
shares
and
1944,
of
of
5%
retired.
the
right
the
date
to
at
Dec.
$105
stock
series
fixed
preferred
on
including
for
15,
per
will,
the
the
receivable
dividend
in
effect,
benefit
of
give
the
on
the
stockholders
5%
rate
to
redemption
of any unexchanged
exchange offer will exDire at
1943.
Company will call for redemption on
share and dividends, any of the shares of
stock.
which
the
A,
exchange
are
The
not
deposited
preferred stock exchanged
or
for
exchange,
redeemed will be
and
all
cancelled
Years Ended May
was
Gross .sales, less
etc.
Some
about
for
Midland
miles
30
lines
pipe
by
and
,
.
thus
dock,
equipped
the Great Lakes.
facilities of
of
than
more
Power
shipping
5,000 acres of land at Lake Jackson,
is
which
Brazoria
being
to
sale
plant of the Great Western Division of the company is located
near San Francisco, Calif., on about 126 acres of land
the
together
company
with
This
owns.,
•
electrical,
plant
mechanical
consists
of
buildings
factory
chemical
equipment.
The
Western Division also owns-a warehouse in Los Angeles and
unimproved struct of land of about 955 acres on the westerly shore
San FrancisCo Bay.
and
Great
an
of
The
iodine
about
on
sists
for
plant
the
of
of
acres
production
and
located
The
upon
plant
two
a
Dow
at
of
the
for
of
gasometer
from
of
the
at
located
company
Seal
plant con¬
and facilities
equipment
waste
insecticides.
Calif.,
Beach,
The
owns.
salt
water
A
smaller
the
from
iodine
oil
plant
Venice, Calif.
of
Midland
Ammonia
Co.
is
tract
acre
which
it
from
which
it obtains
modern
a
the
the necessary
with
iodine
production
Chemical Co.
sists
is
company
which
land
of factory buildings
the
fields
is
12
factory
owns
building
located
at
be
to the plant of The
hydrogen supply. It con¬
equipment together with a
its
and
a
underwriters and the
each of
Int.
Secur.
Lehman
'<■
Weeks
Carl
Loeb,
Harden..,
&
Laurence
.60062
Alex.
.40041
Mellon
Brown
&
Sons
.40041
—
Byllesby & Co., Inc.
.40041
Central Republic Co., Inc.
.60062
Clark, Dodge & Co
1.20124
W.
E.
Clark
&
Co..
M. Dam
Dillon,
& Co
Read
&
Chemical Co. is located at Marquette, Mich.,
of approximately 200 acres of land, which it
Merrill,
The
.20020
Drexel
&
Co.——_
Co.
5.00518
Eastman, Dillon & Co.——
Estabrook
Curtis —_—:
&
Riter
Co
&
Co..
E.
.20020
Schwabacher
Corp... 4.00414
1,00103
1.20124
Michigan Corp.—
Forgan & Co.—
Glore,
Goldman, Sachs &
Hallgartem &
Spencer
Stein
Co.— 3.20331
Co
&
Stix
.80082
—•
Ripley
—
4.00414
&
,60062
Stroud
.40041
Swiss
Co.—
&
Webster
&
and
Co.,
—
G. H.
Walker & Co—
Janney
.60062
.40041
Lazard
Freres
&
Co
Yarnall
1.20124
&
-warehouses
located
upon
railroad
sidings
Okla.
located
It
at
has several
\
various
places
Net
from
ry.
railway
Interest
From
(Adjusted to give effect to issuance of 309,741 shares of cumulative
preferred stock, series A.)*
v
Authorized
10-year 2Vtfo
Serial
to
debentures
Sept. 1,
$4 dividend
♦The
all
of
$750,000
annually
1950
cum.
(no par)
Common
due
preferred stock,
1941
Net
ser.
10,148
600,000 shs.
1,248,706 shs.
changed for cumulative' preferred stock, series A, and that
5Co preferred stock, theretofore, have to be redeemed.
shares
no
of
Note—On
8,
to
(no par)
lative
rate
Nov.
amended
were
slock
and
preferred
of
$4
a
1943,
articles
the
authorize
600,000
to
create
a
stock,
series
A"
share
of
association
shares
of
of
series thereof to be known
to
and
bear
called
company
annum
as
cumulative
at
$7,569,347
$9,674,181
$6,708,843
$6,593,901
6,618,608
7,273,337
5,520,325
5,535,742
295,252
$2,400,843
315,078
$1,188,517
322,319
$1,058,159
359,228
Cr329,371
—.
Crl0,279
Cr 216,649
Crll.780
2—
—
of prior
—
for
500,000
contingencies
—
.
8,595
engineers,
75,612
—
$900,651
$1,596,045
$1,082,847
$710,711
8,033,065
7,284,725
6,967,532
7,011,269
S8,933,716
$7,721,980
profit
earned
surplus-
$8,880,770
$8,050,379
taxi—'—51.
261.794
197,656
115,604
l_u.ll—
650,050
650,050
650,050
650,550
$8,033,065
$7,284,725
$6,967,532
323,890
323,890
^
Total
—
Dividend
paid
1,742,300
452,539
1,382,202
1,237,032
243,877
Shares
284,789
123,211
2,274,600
railway
16,666
*6,523
Earns,
of
per
14, last.
and June 13,
Payments in 1942 were
as
Gro wi ng-
of
the
City
of
New
York
has been
Planters'
Raw
pointed registrar for the common stock.—V.-158, p. 1730.
sugar
Molasses
Gas
Eastern
Fuel
&
12 Mos. Ended Oct. 31—
Provision
income
for
and
taxes
depletion.—
and
for
1942
5,584,322
___
1
savings bonds..
S.
592,231
deposited
if Cash
♦♦Cash
700.0001
deposited
Net
Dlv,
available
for
dividends——,
require, on 4Vi>%
Balance
avail,
to
prior pref.
—
$2,789,678
stock.
6Co
pref. stock—
share of 6% pref erred stock
The
trustees
account
011
par
the
holders
on
of
$4.49
$4.80
the
share have
from
Nov.
18
declared
a
dividend
of
75
cents
per
share
accumulations
and
usual
been
made
the
Eaton & Howard Balanced
the
The quarterly
third quarter
During
to
this
of
Stock
of
Fund—Quarterly Report—
the Fund paid a dividend of 20 cents a share
Sept. 17.
This dividend was at the same
record
2,591,614
29,802
_____
30,000
43,487
'
56,899
56,899
22,767
22,767
22,767
100,812
in escrow—
-
155,256
105,701
'$16)282,105
—
$16,073,282 $14,932,803
,
Accounts
Reserve
,—
payable and sundry accruals
contingencies-
1,000
$6,477,800
1,000
.29,722
29,722
59,444
29,464
86,352
44,746
649,533
395,629
515,374
753,498
730,498
230,498
——319.216
'
8,021,872
319,216
8,033,065
319,216
7,284,725
for
Capital surplus
Earned surplus
$6,477,800
1,000
'
rrt—
'
$6,477,800
stock—
———
of assoc. co. with public.
Mortgages payable
Planters' accounts
6%
review covering the activities of the Fund during the
1943 affords the following:
period,
shareholders
924,308
,
Liabilities-1-
:
-
Total
-
$16,282,105 $16,073,232 $14,932,803
for depreciation of $5,053,817 in 1943 and
$4,796,593 in 1942.
tAfter deducting reserve for depreciation. -^Repre¬
sented by shares of .$20 "par.
As security under bond issued for an
equal amount.
**In connection with certain proposed additional in¬
come tax assessments which are being protested.
tjTrom the Treasury
of
Puerto Rico
with
respect to prior years' income taxes.—V. 157,
♦After
preferred
100,000
109,345
158,326
______
tCommon
preferred stock each quarter
April 1, 1941, to and including Oct. 1, 1943.—V. 158, p. 1824.
on
100,000
128,644
494.855
100,000
charges———
Total
I
$1,796,145
on
the 6% cumulative preferred stock,
quarterly dividend of $1.12y2 per share on
prior preference stock, par $100, both payable Jan. 1 to
of record Dec. 15, out of surplus.
Distributions of 75 cents
$100,
4(2%
253,879
In, 515
475,632
;
$2,904,874
1,108^2$;,.' 1,108,729
$1,680,9491
187,783
232,540
——
recoverable
ftAmount
Deferred
-
488,758
1,428,328
2,492^619
576,446
expense.——.
contingencies
U.
1,709,206
115,796
and
138,444
4,420,041
7,709
100,000
4,974,959
2,368,272
■
accts.
186,445
219,328
investments
——.
bills receivable.-.
Misc.
51,865
472,774
estate mortgages——j—
572,261
4,420.741
—
for sugar sold__—
996,381
653,040
20,324.
673,465
hand—.—
hand.—..
Miscellaneous
$16,932,803 $16,079,736
4,914,085
5,115,053
____
————
discount
Debt
—
1,173,689
479,245
Chattel mortgages
1943
income
consolidated
Real
Associaties—Earnings—
802,775
487,085
on
on
1941
$6,505,500
781,215
853.643
Govt
rJ.—
accounts
1942
$6,287,290
708,763
supplies
Accounts receiv.
ap¬
Sheet, July 31
$6,014,426
——
—
and
Compen. rec; from Feci.
,
Bank
claim.
1943
ca n e
Materials
Trust Co. of New York has been appointed co-transfer
agent for the common stock, par $10 per share.
National
Balance
Consolidated
Eagle-Picher Lead Co.—Co-Transfer Agent—
;$t/,72Q
the Sugar Act of 1937.
♦Property and plant
———_
tLivestock and equipment-————
The Guaranty
>$2.19
received before July 31, 1941.
tlncludes'
July 31, 1940.
tlncludes $40,802 recovery on
Assets-—
follows: March 14, $1.25;
$3.34
$4.93
S2.78
—
323,890
'
:
•
$3,273
before
ItUnder
Sept. 14 and Dec. 14, $1 each.—V. 158, p. 1731.
Chase
323,890
(par $20)—
sh. on com.
stock——
received
year-end dividend of $1,25 per share has been declared on the
stock, par $20, payable Dec. 14 to holders of record Nov. 22.
Distributions of $1 each were made on this issue on March 13, June 14
Tot&l
103,898
.
stock
com.
outstdg.
A
and Sept.
$8,021,872
surplus
Earned
January 1—
common
"cumu¬
cumulative dividends
$179,273
;
*
*9,836
preferred
stock,
series A.
The 290,259 authorized shares of cumulative preferred stock
not
presently being offered may at any time be issued without any
action by, or approval
ol', the holders of the shares now offered.
per
,•
sugar
"Includes
per
the
cumulative
on
Income
(E. I.) du Pont de Nemours & Co.—Year-End Div.
309,741 shs.
2,000,000 shs.
119,900
.
income
Net
18,869
Accrued Dividend—•
—
(no par)......,.
167,617
-
t532,559
and
crops
$129,687
*18,118
railway—666,653
Net ry. oper. income.__
270,991
■■"■Deficit.—V. 158, p. 1824.
A,
pro forma capitalization is based upon the assumption that
the outstanding 60,000 shares of 5Co preferred stock are ex¬
25,819
270,011
780.742"'
•
etc.—_.:_2
Depreciation
1940
$151,491
5,250,000
——_
costs,
mfg.
of
19,497
Earned per
7,500,000
__
2—_
stock
$7,500,000
:.
Total
Deduct—Producing
Service
47,854
from
Net
Outstanding
$7,500,000
debentures
21,796
—
.20020
84,573
from
Gross
Provision
Capitalization
12,986
(net)————.
128,328
Depreciation
and
$5,856,250
*498,128
—
income
Prov.
income.—
Interest
Debt
$6,069,020
572,261
$950,740
(net)
Interest
railway—...
oper.
upon
Funded
1941
'
from
Gross
Some
v
$8,921,316
487,085
Prev.
1942
81
1940,
900,423
98,885
$6,812,251
,80082
Co.—
$173,200
11,256,275
90.388
Government-
Ry.—Earnings—
1943
Ended July
Years
1942
1,017,165
112,833
Percentage
$308,700
October—
for
Account
1943
Cane,
ground tons—.. '
810,287
Sugar output, tons—94,497
etc.
Duluth Winnipeg & Pacific
throughout
of the sites are owned by the com¬
lands leased from railroad companies.
Company and its subsidiaries have over 17,000 employees.
Income
-/
.80082
....
Name-
Percentage
pany
the country.
and other sites are
2,186,892
71,216,573
20,207,542
income—
oper.
January 1—
railway,
from
Profit
Co
Dean Witter & Co.
3,199,934
2,175,661
.40041
—————
The Wisconsin
$8,783,851
3,085,090
4,997,072
1,623,362
580,007
85,874,617
30,352,855
18,673,904
V
158, p. 2044.
Name—
.
"1940
1941
1942
1943
Miscellaneous
Whiting, Weeks & Stubbs,
Kidder, Peabody & Co—. 1.60165
Loeb & Co..—5.00518
<
.60062
_•
.20020
Inc.
10.5
158, p. 2044.
2,339,843
.80082
Co
Chicago
Kuhn,
—V.
&
Co.——______
&
22.2
com¬
814,287,578 $12,358,885 $10,498,960
Sugar, etc., produced.
!!Compensat'n fee. from
Watling, Lerchen & Co.—: 1.00103
White, Weld &/Co.—i__ 1.20124
The Illinois Co. of
17.720
79.865
.40041
1.60165
.80082
in both periods.—V.
railway—
Consolidated
.20020
Hornblower & Weeks.—..
Co.—
97,585
Fajartlo Sugar Co.—Annual Report—
•
Securities Corp.—; 1.20124
Wainwright & Co—
.20020
&
Corp—
132,391,964 110,906,130
Net froin railway—.—
40,455,241
47,852,576
Net ry. oper. income—
20,379,351
15,912,696
—V. 158, p. 1731.
1.60165
H. C.
Hutton
Light
railway-
Federal
Inc—
Anthony
ry.
From
.20020
.80082
E.
<fc
& Light Co—c 106,667
96,519
' 10,148 "
figures do not include the System inputs of any
from
Net
.20020
1.20124
W.
-
.
RR.—Earnings-
from
f.
Hayden, Miller & Co
Hayden, Stone & Co.——
Union
client
of
Ebasco Service Inc., which are subsidiaries
Light Co., Electric Power & Light Corp. and
Light Co,, as compared with the corresponding
Guaranty Trust Co. of New York has been appointed registrar
stock, par $10 per share.—See V. 158, p. 2044.
Gross
1.60165
.•
American. Corp..
Tucker,
inputs
System
the
1943,
18,
of
Power
Net
.40041
Hemphill, Noyes & Co.—
.60062
$619,415
p., 2044.
158,
' 1.20124
.a:
Blodget, Inc. 2
Harris, Hall & Co., Inc
$779,344
'
&
&
Power
.20020
Co.——.—2—4
&
DrGO.OOO
$67,352
'
the common
Gross
.40041
--
;
Trask & Co
& Boyce
&
Hawley,
Shepard
Co.—
Bros
Stone
Co.,
Inc.
Stringfellow
Shields
321,002
979,062
*
1942 were as follows:
above
.60062
Chas. W. Scranton & Co..
Boston
———.
$136,580
Nov.
ended
Power
Power
Erie
2,'- .80082
The
First
Cr30,000
October—
.20020
;
Co,
Field, Richards & Co.—— 2.00207
First of
736,648
.20020
Sons, Inc.
&
Scott
&
284.865
,
The
of
1.60165
—
•
H. Rollins &
.20020
'
Elliott Co., Jeanette, Pa.—Registrar—
.40041
——;
Putnam
.80082
'
,•
99,351
for retirement, losses,—V.
panies not appearing
.20020
Piper, Jaffray & Hopwood
Co
&
' 1
■
30,068
•
The
Lynch
&
1.60165
Chapman & Co..
i
re-.
companies
National
.40041
Co—
Leonard
Farwell,
37,771
$1,919,479
Services Inc.—Weekly Input—
week
the
Electric
—' 1.20124
Co..—*
&
Milwaukee
Fahey, Clark & Co
40.903
$1,860,857
—Thousands of Kilowatt-Hours—
'
v ' 'V/.:
' —IncreaseOperating subsidiaries of— ; N
1943
1942
Amount
T
American Power & Light Co.—
'194,235
168,646
25,589
15.2
Pierce,
Beane
1.60165
....
4,698
$196,771
'
——
provision
American
,V
.40041
Newhard, Cook & Co
Paine, Webber, Jackson &
Dominick & Dominick—1.20124
There are factory buildings, a battery of retorts for destrictive
distillation of wood, a power plant, an office building, a laboratory and
several miles of standard gauge railroad track.
in Tulsa,
Before
National
.20020
Morgan Stanley & Co.— 6.00622
Maynard H. Murch & Co.
.20020
1.00103
.
&
Turben
Moore,
.20020
Curtiss, House & Co.——
J.
Lynch,
Fenner
M.
4,821
$201,845
:
income
'week during
& Co.
.60062
Securities Corp.— 3.20331
Merril
$1,881,7-08
27,907
post-war
operating
oi'
McDonald-Coolidge
Inc.———... 3,20331
$1,819,954
67,358-
Ebasco
.40041
;
Marks & Co.
.40041
M.
1,651,929
$192,073
Rhoades &
Inc.-.———
Co.,
Blyth & Co.,
II.
M.
Co.
Co., Inc..
&
Becker &
The
Inc., has its principal office
for
For
owns.
Dowell,
funded
♦Net
Brothers———13.20331
.40041
Ine
2,872.291
etc.
..." adjustments.
Lee Higginson Corp.—3.20331
.40041
Corp
6,738.011
158,956
'•
inc..
debt,
corporate
on
Prov.
Percentage
Name—
$9,020,961
5,487,324
690,609
8197,024
income
rents,
percentages of unsubscribed
respectively, are as follows:
them,
1943—10 Mos.—1942
$1,041,638 $11,430,256
741,755
Depreciation
■
<-
982.
1943—Month—1942
income
Gross
working capital of
the
$15.55
so
>
purchased by
Allyn & Co.,
Blair
tanks.
and
tract consisting
a
..
.40041
adjacent
The plant of Cliffs Dow
upon
•
the
of
names
G.
Mich.,
Midland,
15, 1944,
Feb.
on
$19.96
200,945
Gross
an amount estimated
(after est. expenses of $116,907
issue) to be approximately a maximum of $25,856,157
•.
to
C.
*
Pittsburg
which
additional funds'to augment
provide
Net
Texas.
The
at
of
contracts
dividends
accrued
283,290
$20.17
.
$1,139,724
revenues
Taxes
in
Harriman
developed by the, company as a res¬
About 200 acres of this land are sub¬
development companies, which are com¬
pleting construction of approximately 500 residences on this tract.
.The commercial buildings in the townsite are owned by the company
and
leased
to local businessmen.
Company also owns *55 private
residences located upon 50 acres of land in Midland, Mich., and 53
private residences and a small apartment house located upon 23 acres
of land in Freeport, Texas, all of which are rented to employees.
In
addition
the company
owns
and operates a small hotel in Freeport,
and
Kebbon, McCormiek & Co.
Texas,
to
To
peace.
A.
idential townsite for employees.
ject
share
per
295,066
$3,614,257
232,322
uninvested.—V. 158, p.
was
Period End. Oct. 31—
retire
stock
Baker,
acres
over
•
$5,656,224
Eastern Massachusetts Street Ry*—Earnings—
Issue
To
4.61'i
and
for
and
a
minimum of $25,481,545 from the proceeds of the sale of 249,741
shares of cumulative preferred stock, series A, less the amount required
to redeem the 5C» preferred stock not exchanged (the maximum amount
required for such redemption—in the event none of such stock is
exchanged—being $6,300,000).
Additional working capital is required
because of the necessity of improving the company's current position
by reason of the greatly expanded and expanding business, largely
due to wartime conditions.
Company anticipates that upon the return
of peace additional funds will be required to enable it to participate
in
the
developments which it is. expected will take place : in the
Chemical industry.
It is impossible, however, at this time to state
what the company's post-war requirements will be.
Company makes
no representation that additional working capital will not be required
in the future, either during the
present emergency or upon the return
the
owns
of
(1)
are:
Bacon, Whipple & Co.——
■
Co.
Company
County,
issue
Percentage
Smith, Barney & Coli,—11.70903
on
150
92,667
$7,326,400
preferred
Name—
.
.
the
of
5'"
$105
entire
The
Texas Division of the company is located near
the Brazos River Ship Channel and covers an area
of land, which the company owns together
with over 1,500 acres of adjoining land.
This plant consists of the
necessary electrical, mechanical and chemical equipment for the pro¬
duction of magnesium, chlorine, caustic soda, ethylene, ethylene glycol,
ethylene dichloride, propylene glycol and chlorinated solvents.
Com¬
pany's own power plan supplies a major portion of the present require¬
ments for power at this plant, but the cpmpany»supplements its own
output of
power
by purchasing power from Houston Lighting &
The plant of
Preeport, Texas,
at
stock
Mich., in¬
electrical,
the
162,145
$7,939,585
other
A.
to
access
209,390
$9,241,600
,
the company's plant at
rights of way. It is the
having
174.051
$8,302,189
Underwriting
owns
fully
1,649,360
2 ,054,675
9,969,793
———
oper.
of
50 acres- of land, at Bay City upon which are
located factory buildings, equipped for foundry
operations ancl the
fabrication of Dowmetal products. Company also owns over 1,000 acres
of land in the vicinity of Bey City near the mouth of the Saginaw
River about 18 miles from Midland on a portion of which it has con¬
a
;
»
30, 1943, 35.11'/» of the Fund was invested in bonds—■
Including
10.86 (w
in
medium and
short-term
U.
S.
Govt,
bonds;
30.94("
was invested
in preferred stocks, 29.34/fr in common stocks,
oper.-- expenses.
(2)
by the company supply a major portion of the power, requirements of
tne Midland piant, and these plants are supplemented by power pur¬
chased from the Consumers Power Co.
structed
ago.
quarter
'
$5,954,369
share—m
per
Railway
the
approximately 2,000 acres of leased land in Osceola
County, Mich., which wells are connected with the Midland plant by
means of 70 miles of company owned pipe lines.
Power plants owned
company
the
Sept.
Railway
company
upon
The
18, 386,329
payment date for such stock.
The 5'<■ preferred stock
exchanged or redeemed shall be cancelled and not reissued; and
opinion of the company's officials, based upon the experience of the
company since its inception, that the brine supply is sufficient for
the company's requirements at the present rate of demand for a period
far in excess of 100 years.
Company also owns 13 natural gas wells
located
On
dividend
with
private
its own
on
outstanding
assets
Net
stock
■
connected
are
$9,068,427
company's presently
Adamex
of more than
350 acres, which the company owns together with over 2,000 acres of
adjoining land. There are over 1G miles of standard gauge railroad
track within the plant.
Company owns approximately 125 brine wells
which are scattered in U generally westward direction from Midland
year
a
June 30/43 Sept. 30,'42
Sept. 30,'43
,
—
through exchange of such stock for
the cumulative preferred
stock, series A, and to extent not retired
through such exchange to use a portion of the proceeds from the sale
of the cumulative preferred stock, series A, to redeem the 5Cr preferred
glue.
principal plant of the company located at Midland,
modem factory buildings with all the necessary
The
$26, 862,569 $19,420,783 $10 ,156,405
'
assets.,
net
Total
ex¬
taxes
purposes
outstanding
■
cludes many
and
Purposes
pharmaceutical and food industries. Coumarin, diphenyloxide, methvl anthranilale, and phenyl ethyl alcohol are aromatic
chemicals used either for flavoring extracts or perfume bases.
■
Company produces a diversified line of insecticides and fungicides
such as calcium, lead and magnesium arsenates, lime sulphur, paris
green, Bordow and Eordow mixtures, paradichlorbenzene, chloranil and
methyl bromide; also a series of dinitro-orthocyclohexylphenol com¬
pounds for use in the citrus and deciduous fruit industry.
Company produces and sells under the trade name Dowkfides, a series
of phenolic derivatives for use as germicides and fungicid.es.
The uses
are
wide and varied, typical uses being in the treatment of . lumber,
mechanical and chemical equipment, and covers an area
the
of
•
1,230,986
income
The
the
Property
end
the
$7,837,442
1, 880,717
—2
income
profits
Net
monochlorbsnzene, tetrachlorethane and tetrachlorethylene.
Company is an important manufacturer of many pharmaceutical and
aromatic chemicals, such as salicylic acid, acetyl salicylic acid (aspi¬
rin),
salicylates,
acetphenetidin, antipyrene, monochloracelic acid,
ethyl chloride, phenothiazine, bromides, iodine, and glycine, which with
the U. S. P. products of some of the industrial chemicals mentioned
above are used as medicinals.
A new product is methyl cellulose, use¬
and
$8, 275,689
1,451,168
2 863,274
of profits of subs...—
zene',
fabrics
$23, 999,295 $17,969,615
Minority interests' share
products.
Company also manufactures for many industrial and in some in¬
stances war uses, chloroform, cyclohexane, sulphur chloride, acetamlid,
chlorpicrin ethyl and diethyl benzene, ethylene dichloride, ethyl chloride,
methyl bromide, methyl chloride, methylene chloride, monochloracetic
acid, sodium acetate, malonic acid and diethyl malonate, propyl ben¬
in
income
cess
mately 500 different
ful
number- of
1943,
and the net asset value per share on Sept. 30,
preceding quarter and
The net asset
value per share shows a slight gain for
and is approximately 30C'o ■higher than a year ago.
Shares
Net
later activities were
years
sales—
from
credits, net.
Federal
expanded to include first
the production of'chlorine and bleaching powder and then still later
the production of caustic soda.
Continuing the expansion of its lmo
of chemicals, the company was by 1917 not only a large producer of.
bromine and bromides, chlorine, caustic soda and allied products, but
was
also
actively engaged in the production of synthetic organic
chemicals
such as phenol, chloroform, indigo and various coal tar
mcdicinnls, particularly the salicylates.
It was also an Important
producer of .solvents such as^curbon tetrachloride and carbon bisul¬
phide
In 1917, the company started the production of magnesium
metal' by electrolysis of the magnesium chloride obtained from the
brine deposits and has subsequently developed the large scale produclion of magnesium and
magnesium alloys. In the past two decades
the
company has steadily expanded
its line of chemicals, devising
new synthetic processes, until at the present time it produces approxi¬
brine.
with
compared
$78,359,997 $46, 907,950 $37,743,547
29,906,105
60,390,383
38, 632,262
81 428,560
exps.
the first two quarters of the year.
shows the total net assets,, .the
schedule
'
Profit
Income
development was an
by the electrolysis of
deposits in central Michigan.
Company's first
original process for the production • of bromine
following
shares outstanding,
$105 427,855
admin,
and
The
1940
returns,
-—_
Costs
1941
1942
1943
31—
Monday, November 29, 1943
rate lis those paid in
Earnings
and Business
History
incorporated in Michigan May 18, 1897, and its cor¬
porate existence has been extended for a period of 30 years from
May 18, 1927. Company is engaged in the manufacture of a diversified
line
of inorganic and
organic chemicals, also magnesium and mag¬
nesium alloys.
The present company is the outgrowth of a business
established 50 years ago at Midland,
Mich., to separate and finish
into marketable form certain of the components of the native brine
Company
1 his
FINANCIAL CHRONICLE
THE COMMERCIAL &
2190
p.
1742.
deducting
..
reserve
•
_
'
/
have
.There
for redemption
called
been
The'company announces it has acquired the 100-year-old dry goods
firm of
Arbuthnot-Stephenson Co. of Pittsburgh for approximately
including $600,000 receivables, $500,000 merchandise
buildings, warehouse and fixtures,
The'acquisition
financing, it was-said.—V. 158, p. 2045.
$1,250,000
$150,000
of $86,000 of first, (closed)
.
and
wl.l
for
Capital Account—
Surplus to
'
/
'
IS
158,
$60,-
shares of
on
also
about $30,000,000
Capitalization
of
amounting
over
A
has
*Net
'"-1
new
The directors'on
the
15. f
Dec.
Nov.
v
-AAA, -A-"
New Director—
^
-
Middleport,
Inc.,
A..-' A'
A-','
The
on
directors
the
xecord
SI
on
Nov,
value
par
declared
17
dividend of
a
payable
stock,
common
10
Igieheart,
S.
Austin
and
corporation
the
President,
their
with
share
holders
of,
22 announced that this
Chicago, 111., have signed an
.will continue active in the company's affairs.
\
Clarence Francis was elected Chairman and
chief executive officer
and was succeeded as President by Austin S. Igieheart who has .served
as Executive Vice-President since 1938.
A/-'
■.'AAA
Charles W. Metcalf,. Vice-President iii charge ot purchasing since
-1929, was elected- Executive Vice-President,
•'
A/A:' AA
In step with the growth of the company and its program of post¬
war
development,-the board also elected Thomas G. Spates (director
of industrial relationsq Arthur C. Schier
(general traffic manager),
Thomas M. Rector (manager of research and development), Charles G.
•Mortimer, Jr.
(Vice-President of General Foods Sales Co., Inc., and
general advertising manager-of the corporation i and Curtis H. Gager
(President and General Manager of Walter Baker & Co. Inc.), as
;
1936.
-
!
•
directors
declared
18
Nov.
accumulations
of
.account
on
the $4
on
a
of
dividend
$3
share: on
per
cumulative participating
.stock,
no par Value,: payable Dec. 8
"Distributions of $1 each were made on
class A.?'
Nov. 27.
to holders of record
15
'and" Nov. 16, last year; none since,. A AaA-„A- A:A'A. AA :A-.,aA'-'AA
The directors also -declared the usual quarterly dividend qf $1.50
per share on the 6'A preferred stock; par $100, payable Feb.
15 to
holders of record- Feb., 1.
A similar ,disulbu.t;op ^vas, made. .on ..the
this issue on Feb. 16, May
'
.
15, last.—V. 158, p.
preferred stock on Nov.
486..""
'
General
Tire
Redeem Preferred
Co.—To
Rubber
&
Stock, Series A—
of 6l'o cmnul. preferred stock,
been called for redemption as of Dec. ,31, 1943 at 105
series A,,
have
and divs.
Payment will be made at the Cleveland Trust Co., Euclid and East
.'Ninth St., Cleveland. Ohio.
Payment will be made at any time oil or
before date of redemption, at the rate of 105 and divs. to Dec. 31, 1943.
All of
•
—V.
the outstanding.shares
p. 2045.'
158,
•
RR.—Earnings—
Georgia & Florida
■■■''1
Period—•
operating revenue
-V. 158.- p. 2046.
stockholders
The
1732,
approved
23
be
issued
for
a'.':'a:A;A,-A
•
.
Co.—Stock Split-Up Approved—,
Nov.
on
par common stock
will
shares
Two
■p.
no
proposal to
a
every
share
'/A
outstanding.—V. 138,
•
/A; ; A A; •.'
now
Aa'-v
1943
October—
4et
Jet
railway---. -J.
--
$2, 974,000
railway—---
from
from
875,430
4
•let
not
be
•Jet
ry.
p.
1858.
A
435,345
$1,50
rent
shall
Hotel,
agrement
income
Gross
Net
.
amount
but default
653,838
shall be paid to the Landlord, to be applied
—
A
•
the
at
application
158,
remain
of
'
■
earnings
net
~
•
.
less
earnings
not
the
to
time
are
default
in
be
„
..
29,605
revs.-—-.. •
.inQ. (net)-,,"
7,840
8,470
98,871
$96,807
and
shall
property
repurchase
on
before
or
be
$9,069
$7,838 "
the
charges"
49
default, and the Landlord will cancel the difference
avoid
to
shall
be
option Ao
the
before,;.|7ov.
received
1,
by
1953,
the
Landlord/they
are subject
at, any time
at 4A, less any
them."—V. 158,"p. 1638.
property of the
them from
repurchase
the
Landlord
at cost, plus interest
Landlord
upon
'46
Net' income—A Al pA
$6,103
$4,875
2,917
•
.-Interest;
.
•Dividends
V.
158,
declared-—
p.
1732. •'
'
,
35,000
563-
' A
$65,332
'■••
49,140
842,124
676,241
$1,062,987
$1,204,903
$1,278,590
504,875
504,875
504,875
37,919
75,005
A 68,389
$532,415
$483,107
$631,639
dedUQtiions
863,154
490,515
85,959
!
$702,116
158, p. 1733,
The
.
Plan—
plans for the expenditure of more than
$10,500,000 for expansion of plants at Cleveland and Painesvllle, O.,
to increase production of rayon yarn for automobile tires.
Hiram Rivitz,
President, said the total cost of the improvement
Avill be "between $10,500,000 and $11,000,000, alt of which is the com¬
corporation
announces
No Federal funds or Defense
'■'•
;
•
pany's own money.
has
ance
Plant Corp. assist¬
asked."
been
"When
'
1
'
■
1
•
total
production capacity
will be 71,000,000 pounds a year.
Our tire yarn output will be 42,000,000 pounds and the remainder will be textile yarns.
Our present
total
arc
we
through."
he added,
is
38,000,000
pounds."—V.
capacity
"our
p.«1278.
158,
.;
Insurance Co. of North America—Christmas Bonus for
'-AAriV',;''X"A,:::.
of
Announcement
America
Christmas, bonus
a
.
of the North
all employees
to
and a special gift to ail men and women of
those companies now in the armed services, was made on Nov. 23 by
John A. Diemand, President of the Insurance Co. of North America.
The
473
members of the armed forces who
were
North America
Companies,
employees will each receive a $50 gift and more than 2,700 now on
the payroll will receive an 8%5'A bonus—the equivalent of a month's
salary—for those who have been employed the full year. Those who
have joined the companies during 1943 will receive the same percent¬
of 32
base salary received.
The employees
throughout the United States and Canada as well
office, at Philadelphia, will bo included in the
service offices
those
as
the amount of
base dupon
age,
the
in
head
A
' '
A:, •
'
'
are continuing the 5A
extra com¬
offset the higher cost of living, which is paid
monthly to all employees. Companies included in the North America
group are: Insurance Co. of:North America, Indemnity Insurance Co..
of North America, The Alliance. Insurance Co. of Philadelphia, Phila¬
delphia Fire & Marine Insurance Co., National Security Insurance Co.
and Central Insurance Co. of Baltimore.—V. 158, p. 1733..
distribution of Christmas greetings,The
America
North
pensation
V'"-»
Sept. 30—
J. j..'
A
■
'/i
'
.
.
-
"
*
'
'
•*
(Buffalo)—Income Account—
Railway
International
9 Months Ended
-
Companies
to
payments
AA
t
'
1943
1
v
1
1942
Operating
income
before
570,544
$2,139,109
taxes..
■
$974,243
905,065
766,656
$207,587
taxAv-A-.-'?—
income
Operating
A'A ^ A
-
1,397,201
A,
:: Deficit
Note—-As
result
a
of
the
697,641
$163,157
AA
ded uc tions
Income
853,902
27,543
$1,234,044
franchise
excl.
4,607,42.4
on, operating property.A
AA---.
A-A.', .n:
AAA AA.
Retirements
Taxes
7,012,113'
.782,987
-
Depreciation
:
$9,290,500
6,340,861
Revenues '
$490,054
invitation of
comphny's
,sept.,''.13, 1943 to
bondholders, $741,900 face amount of bonds were purchased' and can¬
celled.—'v,
158, p.. 1134.
-'.-"A'.
aAv,;;
.
Interchemical Corp. (& Subs.)—Earnings—
9 Mos. End.
Sales
Costs
(net)
and
1943
Sept. 30—
;
1942
,
*
1940
1941
v
A—
$22,852,337 $21,465,825 $24,569,872 $18,183,756
expenses20,895,336
19,710,755
22,180,094
17,075,969
$1,957,002
62,026
$1,755,070
115,342
$2,389,779
(net)—^
93,569
$1,107,787
18,211
A»—AAAA A
$2,019,028
$1,870,411
$2,483,346
$1,125,997
taxes^^—-
*1,205,000
*1,100,000
*1,144,000
343,900
profit..
Operating
Other
income
Profit
•
Federal
Prov.
for
Net
••'Total
1943—Month—1942
1943—12 Mos.—1942
revenues.$1,619,712
$1,517,564 $18,842,196 $16,006,120
.
operating
rev-
-
deductions—1,250,684
enue
14,540,568
12,206,396
$3,799,72.4
$369,028
$451,973
$4,301,628
933
832
5,412
$452,805
$4,307,040
S3,803.521
97,059
96,096
1,162,202
1,141,081
$356,709
$3,144,838
$2,662,440
applicable to preferred stocks for period-
$315,078
$315,078
income
revenue
(net)-
Gross
income-_ AAA
deductions-
Net
35.000
511
Divs.
income-w,_AA— ;
$272,902
293,193
293.193
390,924
390,984
348,384
348,384
464,512
-'464,511
$172,450
share.$1.79
$3,147,136
$1.64
per
•<
inc.
—V.
&
exc.
158,
p,
for Fed.
pfts. taxes
1638.
$393,326
$263,828
$3,835,666
$3,203,161
-
"
$383,910
t$73,398
$3.26 ' A
$1.68
'"Including excess profits taxes of $765,000 in 1943 (after deducting
$40,900 post-war refund and $44,100 credit ibr debt retirement), $560,000 in 1942 and $542,000 in 1941.
tlncludeS possible additional Fed¬
,
eral income taxes
Note—Provision
(provided as of June 30, 1941).
for
depreciation
of
1941 and $412,285 in
Consolidated Balance
$448,030
1940.
fDeficit.
in
1943,
$450,299
in
f
Sheet, Sept.
30, 1943
Assets—Cash, $3,178,451; accounts and notes receivable . (less re¬
of $231,069i,
$2,944,659;
inventories, 85,396,235; investments
serve
- $1,012,309;
fixed assets (less reserves for deprecia¬
$5,657,469;- goodwill, $1; patents, licenses, designs,
deterred charges, $651,751; total, $18,978,374.
assets,
other
tion
of
etc.,
$137,500;
$5,432,601),
Liabilities—Accounts
$4,813;
$506,218;
reserve
payable
customers'
commissions, $310,449;
for
(trade),
deposits,
in
respect
of
$1,119,455;
$40,035;
accrued
interest
accrued payrolls and
accrued taxes, $80,789; other current liabilities,
Federal income and excess profits taxes (less
$1,250,000 U.'S. Treasury savings
?a <■;<■ certificates of indebtedness!,
fund
^Includes prov.
$48,965
$782,097
dividend.s^.__:
Surplus
Earnings
payable,
"
$1,239,346
dividends-.—-.
Common
3,797
$369,961
Net operating
v—
$770,411
$814,027
..AAA
profit.
and
1,065,591
1100,000
contingencies.
Preferred
Period End. Oct. 31—
Operating
$84,476
$100,895
'
1,014,763
$1,073,209-
$2,817;985
Industrial Rayon Corp.—Announces Expansion
of the Landlord, subject to the right of
from Landlord the purchased debentures,
Nov. 1, 1953, at cost plus interest at 4 (is
Landlord,
-Income
2,917
$2,984,981
937,954
1,132,431
Bal. avail, for divs,.
—V.
1940
$3,072,202
1,011,143
998,152
$3,222,463
'-AA---
income1
Other
cancelled.
years
through 1952, net earnings between $800,000 and
$1,000,000, and for the first six months of 1953 between $400,000 and
$500,000, paid to the Landlord, shall be applied by the Landlord to
ithe purchase of 5'^ sinking fund income debentures, at lowest avail¬
able prices, not to exceed a price fixed by agreement between repre¬
sentatives of the Landlord and ourselves,. While the debentures So
7,106
4,089-
^ 225
Balance
1,020
1941
1942
1943
31—
.
$77,370
'cl—A;——;
Retirement. res. accruals v
Non-oper'.
A
1,020
—
Employees—
such payment
and the basic rent.
All 1943 net earnings,
the amount between $1,000,000 and $1,100,000, are. to be paid
toward payment on current rent, and rental arrear¬
ages which at June 30, 1943 amounted to $1,335,128, without interest,,
as
the Landlord may elect.
The Corporation may retain the sum of
$100,000 from net earnings as available Dec. 31, 1943, and apply this
sum
as
deemed
appropriate.
Any. balance of the rent arrearages
of $1,335,128, existing June 30,
1943, plus interest, not repaid from
1943 earnings,-ishaU be
cancelled as of1 Dec. 31, 1943 upon closing
accounts of 1943 with the Landlord as of that date.
For 1943 and
91,811
$7,308
52.9
$1,702
between
Other
opor.
2,470
-
984.
Interest charges
are
.except
$566,178
366,270
30,727
$8,844
-
Net
•
2,547
103
revenues
Net
-
earnings
.
V
1943—12 Mos.—1942
3.95,831
$4,275
$1,557
Opcr. maint. and retire,:
All Fed. and local taxes
received
1943
for
by Landlord upon them.
A
"Directors,
officers,,: management and accounts shall be subject :
to approval of'-the Landlord.
:A A
A A. AAAAA-'AAA'
"This modifying agreement shall take effect as of July 1,
1943, ■
and continue for 10; years, until June 30, 1953.
In case of default
by Tenant in any provision of the Lease, as modified by the agree¬
ment of Dec. 10,
1936, and as further modified by this new agree-.
ment, or in case of default under any provision of the new agreement,
the Landlord, at its election, may terminate the new agreement, and
all rights of Tenant under it will cease, and the Lease as now in
force shall become again in force, and the Landlord may take any
action thereunder, by way of default or otherwise, as it mav deem
proper;
and the amount of rental arrearage which previously may
have been cancelled, shall as far as legally possible, again become
due from Tenant to Landlord, as though the new agreement had not
been
made."
A" •'-'AA' A\.. :v
Lucius Boomer, President, added:
"The corporation will derive sub¬
stantial benefit from the new agreement, which runs for ten years
from July 1, 1943.
In the following respects it is particularly helpful.
In any year of adverse business conditions and earnings insufficient
to
pay
the basic rent of $1,000,000, payment of the net earnings,
if
a
minimum of s^OO.OOO after taxes and service charges,
will be
interest
2,675.'
63
$4,103 A
Indianapolis Water Co.—Earnings-
$1,000,000
than
provided
less ,any interest, received
5,342,039
2,564
$4,212-
Dr5i
——.
12 Mos, Ended Oct.
Gross
payment of rental arrears and current
.
wherein
shall
Tenant
any
2,754,910
$621,114'
A
$4,158
accruals-
reserve
p.
of the trust agreement relating to debentures.
A "'For 1943 and succeeding years through 1952 any net earnings
between $800,000
and, .$1,000,000,
and for the first six months of
.1953 the net earnings between $400,000 and $500,000, paid to the.
Landlord shall be turned over by it to Empire Trust Co., as agent,
'to be applied to the purchase of debentures at the lowest available
prices but not to exceed a price fixed by agreement between represent¬
atives of the Landlord
and the Tenant.
Debentures so purchased
or
$52,842
33,595
*
1942
$30,980
26,767
'
deductions
appropriations
The .provisions
our
1943—Month—1942-
L—I-——
Ma in ten a nee
1943
AA—- $30,714
deductions..,—.......26,557
Dividend
shall be deducted from gross earnings before arriving at net
earnings for the determination of net earnings as defined in the
Lease, and shall not be treated as an indebtedness of the Tenant; but
the Tenant will take no action in this respect; 'which Will modify ;
on
Haverhill Gas Light Co.—Income Statement-
-Operation
"
,
Sept. 30—
—V.
lord,
to
$48,157
29,704.
■
.——A——
income
as
between
portion
the
save
■
158, p.
Operating income A_AA.
—
income, ,nefc—A—i,-—.—.-A--.—-
Income
interest
in toto
from
Other
of that date, and without further obligation
and the balance of any indebtedness for unpaid
as
after
cumulative
'
-
■
the increase in the number
9,000,000, each old share to be
1532.
A'
'• : ■■ ■ ,
approved
22
18,000,000
"A
-
revenue
Retirement
capital expenditures. ■ '
held discussions
the
cancel
■
12 Months Ended
$1,000,000
of
Nov,
on
1942, $431,936 in
revenues,... L
the
on
Dec. 1.—V. 156, p. 1050,
to holders of record
shares', to
par
Operating
Agreement—
basic
the
earn
stockholders
no
Houston Lighting & Power Co.—Income Statement—
Operating
share
cents per
convertible
Huntington Electric Light Co.—Earnings—
■
Period End. Oct. 31— •"
10
dividend of 37J'2 cents per
preferred stock, par $20,
quarterly
cumulative
payable Dec, 10
'•■'.
the
additions
4,921.534
4,522,678
in
"Capital expenditures made by Tenant on the Hotel property and in
tof furniture and equipment, in amounts approved by Land¬
..'
•
purchased
ope'r. income..—
-V. .158,
the
Co., Inc.—Common Div.—
dividend of
a
usual
the
changed into two new shares.—V.
.
20,406,240
840,383
from
and
Operating revenues
for 10 years from June 30 last,
"
year,
Tenant
6,861,828 A. '7,966,622
railway—ll, 1
', ;;-
$357,107
$1.49
basic rent,
sufficient,
to
pay
taxes, service charges, and a minimum of $300,000 to the
Landlord.
Any deficiency between said sum and the basic rent shall
"Any
the
227,984
502,289
25,226,000
June 30 and
Humble Oil & Refining: Co.—Stock Increased—
of
rentals
and accrued interest thereon shall be cancelled upon the closing of
the accounts of Tenant for 1943, on that basis, as of Dec. 31,
1943.
This cancellation of debt is subject to the condition that no additional
taxes shall be incurred by Tenant by reason of such forgiveness, and
that definite assurances
therefor shall have been furnished to
the
25,422,312
559,624
income.,—
$2,316,600
502,130.
-From January 1—
iross
to
make necessary
to
clause
any
premises
remaining
391,588
29, 107,000
opec.
1940
1941
1942
906,052'
from- railway..—4
ry.
-
$2,800.000 V-$2,601.629
stock
on
The
1942
■succeeding
Grand Trunk Wester n RR.—Earnings—
3-ross
increase the
troM,"290,000' shares to 580,000 shares.;
'•
order
iii
from the Tenant toward
to
■'A (W. R.) Grace &
'authorized
$1,459,105
$1,652,989
$34,225
•
V
the
failed
and $1,100,000,
sufficient
1942
::1943
1942
$42,475
_
Jan. 1 to Nov. 14
Week End. Nov. 14
1943
1943
both
was
5'r sinking fund income debentures,
corporation, on Nov. 16 stated in sub¬
>5,.
' ' y An'ri,-/'""
Lease, which for some
time we have been
had
the Tenant therefor;
rent,
shall
The
of
it had never been created.
1943
net
earnings of the
leased
the
of
Inc.—Accrued Div.
General Outdoor Advertising Co.,
-
our
of
Tenant
thd
Landlord.
p.
cents
25
extra
payment of current rent and unpaid back rent as the Landlord
may
elect.
Such sum of $100,000 shall be retained from the net
earnings as
available Dec. 31, 1943, and may be applied by the
Tenant as it deems legally appropriate. The above amount of $491,208,
which represents rent deferred and spent for capital improvements,
shall be cancelled, with interest, as of Dec. 31, 1943, and this amount
shall he added to
the Landlord's investment in improvements upon
relinquished his position of Chairman of the- board
gnd chief executive-officer of this corporation, at a meeting of the
directors on Nov.. 17."
He was thereupon elected to the newly created
office of Chairman of the executive committee, in which capacity he
158,
Distributions of 25
10.
March 31,
to the
present operations."'.
Vice-Presidents.—V.
of
share
toward modifications
though
Chester
additional
is payable
extra
the
/"Agreement shall run
by
Changes in Personnel—
A C. M.
6. An
672.
the
Oil Field Material
Houston
The directors have declared
in the Lease, and a plan was ultimately
arrived at/ Its important features may be summarized as follows:
the assets
of the latter company in exchange for 35.000 shares of General Foods
common
stock.
Plants of Jersey Cereal Co. are located at Irwin, - Pa.,
and St: Joseph, Mo.
.''.A:
■
A--AA\;; -:a
Mr. Igieheart; said:
"The cereal company's plants and offices will
continue
made
30,
common
"Committees representing both Landlord and Tenant
•
looking
Nov.
on
Cereal Co.,
Jersey
of
Hotel
withheld
rent
of
for the acquisition by the General Foods Corp. of
agreement
of
June 30,
1943 the rental arrearages without
$1,335,128, of which $491,208 represented the
to
amounted
General Foods Corp.—-Further Expansion—
■'
of
the
81,000,000
cents per
10. to
Dec.
half
-
holders
the
annually;" On
1, F. M. Kemp, Treasurer, announces.—V. 140, p. 4234.
Dec.
par
on
to holders of record Dec.
on the common stock on
payable Dec. 22
were
year-end dividend of 75 cents per
value, and the usual quarterly
the 5A preferred stock, par $50,
a
slock, no
share
per
cents
cents
A\'Y-.; Y
follows:
as
1936
since
Gary Railways, Gary, Ind.—Common Dividend—
•f
to
revision
"All
:
50
25
report oir the-subjectmade by G. Hermann Kinnicutt. Chairman of
board of directors, to the last meeting of the board:
( "For
a
considerable period, .-but in increasing degree during 1942,
it became more and more apparent that the terms of the Lease between
the Landlord and the-Hotel corporation were such that the arrears
for rent would steadily increase, because in a majority of the years
has
Y.,
N.
of
of
the
Niagara Sprayer;
been elected to the
board of directors to fill: a Vacancy caused by-the death of the cor¬
poration's former Chairman, W. C. Anderson, in 1940, and brings the
membership of that body again to the designated 12 directors.
The
corporation
purchased
controlling
interest in
the Niagara
Sprayer & Chemical Co., Inc., from the Estate of Alfred H. Sehoellkops. last September. The latter company has been made a division
of the Food Machinery Corp.,; and as such, completes the company's
diversified agricultural manufacturing lines'.—V. 158, p. 1857.
A'A-.'/ACo.;
declared
common
this year and last year, while on Dec. 23, 1942, a year-end
payment of 50. cents per share was made.—V. 158, p. 1732.
iicgotiating with our Landlord, has now been accomplished, and the
important results-may be summarized in the following extract from a
,
Gary, President and General Manager of the
Chemical
&
both
1943, as against $175,000 in the preceding year.
stockholders
the
The
..A'.v ;-A.:,
A_.
,
.
■'.A'
other
The
6.,
the
cents each
dividend
quarterly
income and excess profits taxes of $287,000
'
par
no
during the- year 1942.
B.
;
,
extra. dividend
ah
usual
.1264,
p.
letter
stance
Distribution—
as
J.
:
Distribution—
Hotel Waldorf-Astoria Corp.—Lease
A
distribution
A
the
to
Dec.
ended Sent. 30,
A-V. 154,
:
against 35 cents per-share on March 31 and June 30, 1943.
Payments, as outlined above were also made on; the common stock
last,
Y,—.
N.
■
.
after all charges—A'i.j.-j.jA-A---',:-" $349,532
deducting
"After
'A'".A A-
declared a dividend of .,25 cents, per share
value, payable Dec. 31 to holders of
of 70 cents was made on .Sept, 30,
19
stock,
common
record
or record
profit,
year
the outstanding 6% preferred stock.—V. 158, p. 390.
Food- Machinery Corp.—35-Cent
on
York,
New
"
'
...
Earnings per share on 240,000 shares—$1.45
The proxy state-,
the SEC.
with
filed
been
A-
declared
22
Nov.
011
addition
in
Jan. 4 to holders of record Dec,
paid on Jan. 4, last,—V. 158, p.
arid
'!•
;
.
Holyoke Water Power Co.—Earnings—
par
of the
825 per share through
surplus now.
-'■'•
$64,000,000.
sar? for ,refunding
•.
-
Years Faded Sept. 30—
that the-company has no present intention of issuing any
preferred stock over and above the amount deemed neces-'
says,
the
of
to
statement
proxy
ment
St,.,
William
:
have
directors
on
dividend of 62Va- cents
a
consolidated
the
of
-A;
value
the
from. $10 to
stock
common
changing
for
provides
also
program
1,945,896
AAvA'AA; 'AA'"":
4(-A'A>''AAA
of
excess
share
holders
preferred stock/of which there' is now $45,600,000 outstanding.
It is
proposed, that the new .preferred .stock will have a dividend rate not ;
The
A
.
The
share
per share on the outstanding common stock, par $5.
The quarterly
dividend and one-half of' the extra dividend are payable 011 Dec. 15
called for
common stockholders has been
860,000,000 of new preferred stock.
authorize
to
Company
directors
The
per.
'
proposes to issue under suitable market conditions
sufficient amount of the new preferred* stock to redeem the present 6
in
,
,
22
trustee,
Co.,
889,
p.
(A.) Hollander & Son, Inc.—Extra
;
to
A special meeting vof«; tlie
The
Trust
Farmers
V.
interest.
and
Houston Natural Gas Corp.—Year-End Dividend—
total,
a
Sept.
■
•
.
2191
,
1943,
22,
sinking fund 4 MA/ bonds due Oct. 15, 1961,
Payment will be made at the City
Bank
new
Firestone Tire & Rubber Co.—-To Vote On New
V
101V2
at
000,000 Preferred Stock Issue—To Increase Par Value of
Common Shares by Transfer of About $30,000,000 from
Dec.
■
,
.
of Dec.
as
*
entail no
"•
'
,
Gulf States Steel Co.—Redemption of Bonds—
■
Ely & Walker Dry Goods Co.—Acquisition—-
•*
•
.
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4233
158
■
.
.
Volume
notes, series C, and $250,000 U. S.
$148,672; sinking fund requirements
sinking fund debentures, $200,000; 3Vslii< sinking
due Sept.
1, 1949, $1,450,000; contract obligation
3(2'4-
debentures
payable in the years 1944 to 1948, $50,000; reserves for retirement
preferred shares, $50,000; contingency reserves, $650,577; 6t'a cumu¬
lative preferred shares, (par $100)r $6,515,400; common shares (stated
of
$10
value
V
Oper.
Operating expenses, inch
purchased power—
8,842,832
Maintenance
1,242,178
1,081,045
2,078,333
2,129,627
other
Int.
and
398,520
398,520
1.195.&60
939,833
919,118
1,899,588
and
1,820,117
profits
declared
cess
Divs.
class
Div.
402,850
1,141,300
1,779.434
5,242,901
477,834
669,325
1,529,248
1,720,739
237,132
y
int.
256,128
671,124
723,018
44,183
/_—-
$373,868
charges
against
of
subs.—.
9,408
income..;
$180,639
income
net
Consol.
—V.
158,
$461,519
International Railways of Central
Net
from
rev.
ry.
158,
158,565
2,173,899
77,476
86,775
1,493,027
.
dispatch~Nov.
said.
"failed
Pa.,
Park,
Melrose
granted."
Welsh has-dismissed a
than
more
Counsel
-
protected by a deposit of more
Minnesota.—V. 158,. p. 1638.
managers
declared
23
Nov.
on
dividend of 50 cents
a
3, Robert
Dec. 20 to stockholders of record Dec.
announced.
The payment will bring
Consolidated
$1.19
or
that
states
receive
should
the com¬
a
the
of
Board
has been
which
debt
funded
of
view
accom¬
.
that
announced
'
.
the
in
'
-1
calendar
,y
.
year
"
of
Net
$18,535
1943
1942
$836,501
$340,466
the
was
the
stock,
preferred
first
5%
of record Dec.
dividend of
$50, payable
semi-annual
regular
the
declared
also
on
to holders
6.-
par
•
.
v
..
^
Plywood production at the company's Baton Rouge, La., plant in¬
approximately 47% during the first 8 months of 1943 over the
1942 period, Irving Horinej Vice-President in charge of its ply¬
wood
and
related
materials division,
announced
today
(Nov. 29).
same
The
and
15,8,
'
r.
the
stock,
common
distributions
19 declared
payable
Distribution—
dividend of 62 V% cents per share
a
Jan.
holders of record Dec. 16.
April 1, July 1 and Oct. 1,
to
1
made on Jan. 2,
were
I
...
.
Co.—62 lk-Cent
Nov.
The directors on
this
mills at
veneer
...
Machine
Mesta
on
and
plywood
other
Baton
2048.
p.
Laurel, Miss.,
Ky., the latter also the location of its headquarters.
Rouge plant is operating at 100% of capacity.—V.
has
Company
Louisville,
year.—V. 158, p. 893.
;
.
Mid-Continent Airlines, Inc.—Traffic Increased—
corporation
registered 1,419,274 revenue passenger miles in
compared with 1,318,213 in September.
Mail pound miles to¬
in October, 30,650,713 in September, and express pound
were 6,527,530 in October, compared with 5,894,745 in September,
miles
$189,489
13,989
$186,927
$176,979
—V.
62,880
62,630
$124,047
158,
1475.
p.
Monsanto Chemical Co.—New Public
$190,968
2,562
Relations Direc¬
■}:
tor—
Appointment of J. Handly Wright, of Birmingham, Ala., as director
of the Department of Industrial and Public Relations of this com¬
$114,349
deductions
161,530
$198,845
$28,835
creased
645,533
deductions, less other income—.
earnings
161,530
,
payable Dec. 21 to holders of record Nov. 30.
made on Dec. 21, last year, as compared
Dec; 23, 1941.
No other payments were made during
share
per
31
Dec.
The
728,791
income—~
operating
Interest
$501,p96
13,461
-V.
taled 29,922,816
investors were
than $60,000,000 with the State
13,461
October,
$918,280
Sept. 30—
Years Ended
Net
'
$1,
par
distribution
with 50 cents on
'
Operating revenues
*Operating expenses and taxes__—
Miscell.
$360,375
$42,296
$5
on
these years.
1
The
directors
Similar
Lexington Telephone Co.—Statement of Income—
he said, hold
'
431,881
have declared a dividend of 25 cents per share on
stock,
similar
that the stock¬
felt
Managers
fair share of the profits, particularly in
to date the
company
and its subsidiaries had paid or purchased more
than
$1,950,000 of indebtednesSj
an amount
greater than the cash dis¬
bursed in dividends to stockholders.—V. 158, p. 1859.
also
White
Mr.
24,573
$31,996
.
common
The directors
common
A
share.
reduction
.
.
ended Oct. 31,
ten months
for
earnings
per
in recent years.
plished
$804,597
302,601
/
,
1640.
p.
.
substantial
the
was
to protect investors within this State who,
$8,000,000 of the syndicate's securities.
for the syndicate argued that Pennsylvania
of
White
Mr.
of
filed after SEC brought an action against
Investors' Syndicate, one of the nation's
largets investment groups,
charging fraudulent practices during a 15-year period in which more
than $1,500,000,000 in certificates and securities were sold.
The SEC
suit is pending.'
—
'
Mr.
Seitchik asked that
the syndicate's Pennsylvania assets be
liquidated
Increases Dividend
—
President,
$2,301,000
holders
suit
by Joseph B. Seitchik, of
claim on which, relief can be
state a
to
-
suit
Seitchik's
Mr.
Navigation Co.
216,527
Plywood Output Up 47%—
$3,864,000.
were
filed
complaint,
the
said
Welsh
Judge
22 declared an extra dividend
dividend payments for the year to a total of 90 cents, the
annual payment since 1932 when the same amount was paid,
•
\ V
The company's consolidated current ratio is better than 2.7 to 1,
and cash and Government
securities exceed total current liabilities
assets.
vania
Nov.
on
520,093
$67,269 V, $657,669
24,973
297,294
> $56,569.
stock—
for
759,453
35,319
-
20,249
charges
accrued
158,
1,812,479
Mengel Co.—25-Cent Common Dividend—
capital stock, no par value,
2, and the usual quarterly
payable
share,
White,
he
Syndicate, Inc., Minneapolis, for
$200,000,000 concern's Pennsyl¬
by a certificate holders of Investors'
appointment of a receiver for the
—V.
.
,
largest
13 had the following:
District. Judge George A.
States
■
pany's
1,909,609
1,179,521
Syndicate—Receivership Suit Dismissed—
Philadelphia
United
I
Pay Extra Dividend—
Dec.
board
The
V.
by
A
1733.
p.
Co.—To
the
on
record
per
$5,072,795
2,329,306
2047.
p.
Investors
158,
,
205,313
493,403
45,924
/,
17,363
43,613
/
income———.,
Balance
Payment—
'
——
income—
—V.
183,124
140,754
fixed
charges
Net
$439,491
174,606
174,606
oper.
for
avail,
Income
annual
61,306
-
res.
earnings,,——
preferred
the dividends just declared, arrears will amount
dividend on the three classes of preferred
of
full
a
j.j
—
retirem't
Dividend
,
,
w: 27,251.
excess
taxes.—.
fixed
.
176,892
—
and
for
Prov.
$1.25
1943—10 Mos.—1942
$6,023,847
2,720,724
$511,566
profit
of 50 cents per
payable Dec. 15 to holders
dividend of 37]/a cents per
share, payable Jan. 3 to holders of record Dec. 17. No extra distribu¬
tion was made on the stock last year.
Total dividend for 1943 will be
$2 per share, as against $1.50 for 1942.—V, 158, p. 1939.
Earnings
America
1943—Month—1942
revs..._
oper.
of
Lehigh Coal &
Period End. Oct. 31—
Railway
payment
directors
The
2047.
p.
' ' 307,660
.
$406,142
subsidiaries—
of
Other
323,795
—=1
taxes,—:
Maintenance
stock.,
D
Lambert
of
% 25,657
—$382,995
revenues
inc.
Fed.
Net
share
net income
in
$4,093,238
Total
stock.—V.
J
25,500
$349,413'' $4,395,763
155,000., 1,956,130
From
70%
5,051,489
••
25,720
Net
After
1,249,850
1,587,964
requirements
on
stks. of subs....
pfd,
Min.
subs.
of
stks.
A
448.800
pfd.
on
series
to
taxes—
.
each
4,817,768
6,209,621
216,143
1,739
stock
series
1,520,583
1,991
1, 1942, to and including Oct. 1, 1943, distributions were made
quarter at 50% of their regular rates, i.e., 87Va cents on the
B- stock, 75 cents on the series C stock and 62'/a cents on the
April
5,463,396
5,870,607
ex¬
to
$4,067,738
$4,370,043
General
following
the
preferred stock, $2.55 per share on the series C 6% preferred
and
$2.12'/a
per
share on the series D 5% preferred stock.
1,195,560
306,169
excess
taxes——*
profits
Canadian* inc.
23
Dec.
declared
1943—12 Mos.—1942
$347,679
Operation
dividends, all payable
holders of record Dec. 10: $2.97 Va per share on the series B
have
directors
7
313,002
deprec.--
inc.
S.
7,453,859
7,204,570
2,471,282
2,389,310
expense
for
Prov.
XJ.
The
Co.—Earnings—
1943—Month—1942
$381,004
operating
Gross
Dividends—
Kings County Lighting Co.—Preferred
■
.
disct
debt
.of
-|
Syst._
Hydro-Electric
Amort,
6,692,102-
$8,590,016 $30,422,815 $29,000,939.
Intl.
of
debs,
'
'
sub.—-
of
debt
on
and
$9,654,251
6,484,768
five
15,
Non-operating income.,
15 cents each
Distributions of
1.
Sept.
cents;
seven
158, p, 1173,.
revs.—
Total
last, as against 10 cents each on
28,
15,
June
Power
Marion-Reserve
were made on July 28 and
Jan. 28 and April 29, 1943.
Payments in 1942 were as follows: Jan; 28, 20 cents; April 28, July 28
and Oct: 28, 10 cents each; and Dec. 15, a year-end of 25 cents.—V.
158, P. 1134.
•
" • ;
>■
■
:■ . '■
Oct.
"
debt and
funded
on
3,415,910
on
cents;
Period End. Oct. 31—
recently declared a year-end dividend of 25 cents per
.the common stock, par $1, payable Dec. 15 to holders of rec¬
ord Dec.
22,837.892
3,028,791
24,407,453
9,168,111
in—
profit—'—
Gross
Int.
———
than
taxes).
(other
come
share
six
16,
cents; and Dec. 15, seven cents.—V.
directors
Payment's in 1942'were as
cents on March 115,> 1943."'
seven
March
follows:
dividends;
Department Stores, Inc.—Year-End Div,—
Kaufmann
The
$21,817,594 $20,968,800" $64,730,946 $61,559,724
income
Taxes
June
and
last,
during the
but
year,
Mos.—1942
1943—9
1943—3 Mos.—1942
other
and
rev.
current
System (& Subs.)—Earns.
International Hydro-Electric
Period End. Sept. 30—
been made on the series C preferred stock
in 1942 this stock received the following
1, $1.50; and Dec. 1, $3.—V. 158, p. 1733.
has
payment
earned
$2,903,200; capital surplus, $1,504,216;
total, $18,978,374.—V. 158, p. 985.
sharet,
per
$3,444,551;
surplus,
Monday, November 29, 1943
FINANCIAL CHRONICLE
THE COMMERCIAL &
2192
effective
pany,
1,
Dec.
made
was
Charles Belknap,
16 by
Nov.
on
President.
Utilities Co. (of Del.)—Earnings
Iowa. Southern
2G,725
28,125
47,774
47,155
535,661'
retirements—
40,000
40,000
480,000
$4,616,126
2,016,461
338,525
585,005
480,000
earnings-
$85,503
$90,600
$1,137,201
3,261
3,153
39,148
earnings-
$88,764
$93,753
$1,176,349
$1,234,463
debt
48,735
51,049
591,536
633,727
$4,793,862
199,071
172,076
2,241,976
taxes
————
exp.
& Fed.
State
Other
taxes
Prov.
for
inc.
399,025
41,600
dividends—
37,724
„
balance
Income
$76,625'
$82,447
>
-
■
'/■
•
President
Net
oper.
income
Total
net
Interest
&
funded
on
normal income and surtaxes.
^Includes Federal
—V.
73,890
/
income
Net
-r-V.
158,
14,214
13,505
:
$28,491
$26,524
———
155,091
161,678
$445,645
that the aggregate amount of loans by this corporation
subsidiary, Vega Aircraft Corp., shall not be in excess of $31,-
its
called
been
have
redemption
for
as
cents
loans made by Lockheed to Vega must
It is also provided that the^proportion
principal amount of loans guaranteed by the Government be in¬
creased from 75% to 90%.—V. 158, p. 1639.
1944,
a
total
Indiana County first mortgage
July 1, 1950, at 100 and interest.
of
Co., Inc.—Sales Show Decline—
Jewel Tea
1943—4 Wks.—1942
Period End. Nov. 6—
"
Sales
—V.
$3,976,242
—
1943—44 Wks.—1942
$4,218,817 $44,080,324 $44,248,002
1733.
158, p.
repaid on or before Dec. 31.
dividend
of 20
cents
and Nov,
p.
No dividend was paid in December of last year.
1, this year.
—V.
stock,
Operating
Adm.
income
$3,941,812
2,545,439
185,000
—.
1943—10 Mos.—1942
525,000
5,940,000
3,480.000
144,000
1,742,000
$439,390
40,704
114,928
lease rents,
income
$611,372
$429,628
$7,204,156
227,116
2,568,411
11,017
105,066
300,245
and
218,225
274,355
161,518
$533,675
$276,316
$291,004
$162,943
118,903
——.—
58,629
50,324
36,923
$217,686
" $0.07
$240,680
$0.08
income of $15,871
^Includes other
and
1941
in
$135
in
tLoss.—V.
1940.
158,
$338,955
p.
Net
Other
expenses
361,020
332,972
1,328.056
1;291,061
67,062
38,483
166,699
99,901
$168,248
$132,565
$527,705
$453,900
.——_
Drl3
531
259
income
Gross
Net
$1,844,862
taxes—
$132,552
$528,236
$454,159
51,304
53,254
207,561
215,077
deductions
etc.
$320,675
Manhattan
18
declared
a
dividend
of
29.885
dividends
major
after
company
per
share
on
Balance
158,
$87,059
_
p.
$79,298
$201,135
$119,882
on
program
of
that company
which wjll be speeded
Kansas, Oklahoma & Gulf Ry.—$6 Preferred Dividend
The
3 7t
directors
on
18
Nov,
declared
the
usual
semi-annual
dividends
preferred stock, par $100.
and on the series B 67/
non-cumulative preferred stock, par $100, and
a
dividend of 6%
on' the series C non-cumulative preferred stock, par
$100,
each
all
on
the
payable
series
Dec.
1
A
to
6ri
cumulative
holders
of
record
Nov.
20.
Cleveland—Year-End Dividend—
National Tool Co.,
directors
share
April
Nov.
on
declared a year-end dividend of
19
oh the common stock, no par value,
record Dec. 3.
This compares with 10
15
No
other
15 cents
payable Dec. 20 to
cents per share paid
and Aug. 10, last, and on March 31, June 30 and Dec. 10,
1942.
Arthur
Brandt,
J.
President, stated that the increased
which are in excess of 1942, and
earnings
dividend
reflects
post-war
prospects.—V. 158,
year-end
favorable
1535.
p.
(Conn.) Water
Operating
——
$20,287
$21,996
————
income
$45,799
23,803
276
339
$20,564
7,620
7,679
$22,335
7,516
8,531
$5,265
6,552
$6,289
3,276
deductions--*--.———
-t—,.
——
Retirement
Income
Consolidated Mfg.
Co.—Extra
The
Dividend—
Net
directors
recently declared
an
extra
dividend
of 50
cents
per
and the
regular quarterly dividend of 50 cents per share on the
common
stock, the extra being payable Dec. 15 and the quarterly on
Jan. 1. both to holders of record Dec. 1.
Extras of $1 each were paid
Dec.
24, 1942, and Dec. 24,
.
Dec.
distribution
15
entirely
to
of
holders
from
This compares
seven
of
cents
record
per
Nov.
share
30.
has
This
been
p.
dividend and interest income after company expenses.
with six cents per share paid on June 15 and Sept. 15,
i
—
988.
England Gas & Electric
the
week
ago.
kwh. for
Aon.nnn
the corresponding week a
*
output for the Nov. 19 week
increase of 11,384,000 cu. ft., or
Gas
an
Association—Output—
Association reports electric outpuii
increase of 896,376 kwh., or 7.42%
ended Nov. 19, this
12,973,610 kwh. This is an
production of 12,077,234
year
'
—
—
above
payable
is derived
declared,
distribution
accruals—-————
—.—
appropriations
158,
For
Maryland Fund, Inc.—Seven-Cent Dividend—
reserve
income
New
1941.—V. 158, p. 1173.
,—
deductions
Dividend
—V.
of
A
income
Gross
1942
1943
$46,486
26,198
—
income
Other
Co.—Earnings—
Sept. 30—
Operating revenues
Operating revenue
up
war.
Mapes
on
of
and
year
12 Months Ended
plant comprises about 100,000 square feet on a three-acre tract.
Both Manhattan and Hirsch products will be made in the plant in the
immediate future.—V. 158, p. 1859.
119,200
1134.
Co., Inc.
Aug. 5
exceeded price ceilings for brewery and distillery
products by $157,615 and that the Government is entitled to recover
three times that amount.—V. 158, p. 1940.
this
3
Oct.
Shirt Co.—Acquires Plant—
expansion
the
share
—V.
a
corporation and its wholly owned subsidiary, Bellows &
The
complaint alleges that the' defendants between
'
Preferred
commission of acts and practices violative of the Emer¬
Price Control Act, the OPA in New York Federal Court has
treble damage suit for a judgment of $472,843 against the
Alleging
on
$2
Nov. 16 announced it had acquired the Ham¬
mond
(Ind.) plant of the Hirsch Shirt Corp.
Sylvan Geismar, VicePresident of Manhattan Shirt Co., said the acquisition'was part of a
The
$239,081
119,540
$79,298
$116,944
income
Nov.
on
Corp.—Company Charged
The
$168,248
income
par
1939.
1943—12 Mos.—1942
$2,022,461
income;
an
no
New Canaan
1943—3 Mos.—1942
$504,020
income
directors
capital stock, payable Dec. 10 to holders of record Nov. 29.
This
compares with $1 paid on June 15, last, $2 on Dec. 11, 1942, $1 on
July 29, 1942, $2 on Dec, 10, 1941, and $1 on July 29, 1941.—V. 158,
-Earnings—
30—
$596,331
oper.
Interest,
$5,143,719
revenues
Operating
Operating
Federal
$4,530,679
Corp.—Extra Dividend—
declared
19
Nov.
on
Violations of Price Control Act—
With
holders of
the
p.
Kansas Power Co.
Period End. Sept.
$191,495
and
stock,
common
The
158, p. 982.
value, will be record¬
a regular dividend of 25 cents
additional dividend of 10 cents per share on the
value, both payable Dec. 15 to holders of record
Nov. 29.
On Oct. 1, 1943, a regular distribution of 25 cents per share
was
made, as compared
with 20 cents per share previously each
quarter.—V. 158, p. 1940.
directors
share
per
1943, Dr$65,686 in 1942, $4,916
Mack Trucks, Inc.—To Pay $2 Dividend—
The
income
1733.
the capital stock, without par
name.—V. 158, p. 1535.
new
National Dairy Products
The
per
108,862
oper.
the
under
$126,021
$0.04
deplet
Earnings
1,919,427
11,569
received by the New York Curb Exchange that by
articles of incorporation, the name of this corpora¬
Corp.
Accordingly, beginning Nov.
to its
19, transactions in
ed
filed
$7,172,008
260.848
operating
—V.
below.
Corp.—Name Changed—
been changed to Nachman
has
tion
been
has
amendment
gency
aban¬
profit..,-—$414,722
per share....
$0.14
Net
1.221,000
.i
Equip, rents.-net debit
Jt, facil. rents, net debit
Net' fy.
Name—
National Distillers Products
>$606,064
17,445
etc.—.———J.
in
Ry.
15 to holders of
1, last, 50
15, 1942.—V. 158, p. 292.
payable Dec.
25 cents paid on June
1942, and 25 cents on June
15,
Nachman-Springfilled
1940
1941
$511,985
40,268
leases
Deprec.
1942
*$874,189
income-
expenses
exps.,
Profit
$3,245,041 $36,165,834 $27,771,036
2,146,413
21,279,678
15,898.028
600,000
taxes.-
taxes
1943
Sept. 30—•
Net oil and gas
Railway—Earnings—
1943—Month—1942
Ry. operating revenuesRy. operating expensesOther
dividend of 50 cents per share
a
stock,
Louisiana Land & Exploration Co.—Earnings3 Mos. End.
,
Period End. Oct. 31—
a
and
$10,
par
(
taxes,
■"»
22 declared
Nov.
on
common
doned,
578.
Kansas City Southern
Federal
declared
Nachman-Springfilled Corp.
Notice
dividend of 45 cents per share
the usual quarterly dividend of
$1.75 per share on the 7%' preferred stock, par $100, both payable
Dec. 17 to holders of record Dec. 3.
The preferred dividend ordinarily
is payable on the first business day of January.
Distributions of 25
cents each were made on the common stock on April 1, July 1 and
Oct. 1, this year and last year, and on Dec. 18, 1942, a final dividend
of 45 cents per share was paid on the same issue.
The current dividends, it is announced, are declared payable out of
the current earnings for 1943.
To the extent that such earnings are
not sufficient, thev are charged against surplus and undivided profits
of the company, the company added.—V. 158, p. 1639,
directors
the
on
share has been declared on the common
per
stock, par $10, payable Dec. 1 to holders of record Nov. 20.
Quarterly
distributions of 15 cents per share were made on Feb. 1, May 1, Aug. 1
158,
18
common
Nachman Corp.—New
See
Lorillard Co.—45-Cent Common Dividend—:V.,
(P.)
The
Stove & Furnace Co.—Year-End Dividend
Kalamazoo
A
value
This compares with
Dec.
on
Nov.
on
par
1.
Dec.
of the
Co.-rRedemption—
of Jan.; 1,
5% sinking fund gold
bonds due
Payment will be made
at the Guaranty Trust Co., trustee. 140 Broadway, New York, N. Y.
Twelve bonds previously drawn for redemption were still-unredeemed
on Nov.
16, 1943, it was announced.—V. 156, p. 1865.
$53,000
$10
the
record
1859.
p.
Jefferson & Clearfield Coal & Iron
of
directors
The
on
■
There
2049.
p.
302,000 at any time and that all
be
$423,135
to $105,000,000.
maximum of $60,000,000
from a
is provided
to
de¬
other
&
exp.
ductions
is expanded
It
158,
Distribution—
Muskogee Co.—To Make 50-Cent
corporation has filed with stock exchanges notices of an amend¬
its bank loan agreement with 15 institutions by which its line
credit
below—V.
of California
Co.
Oil
Union
Revised—
Corp.—Loan Plan
to
ment
of
Subsidiary-
Montana Power Co.—To Sell
Aircraft
Lockheed
p.
relations,
publi¬
company
labor
158,
^59,530
,
158, p. 892.
.The
debt discount
of
Amort,
___——
and
cations,—V.
public
will have charge of advertising,
relations, safety program, and
1939.
he
Monsanto
industrial
.■
see
Other
past 4(4 years Mr. Wright has served as Executive Viceof Associated Industries of Alabama.
In the new position
the
For
with
38,329
$377,956
stock
Preferred
$1,196,135
$399,073
earnings—
and maint._
oper.
Oper,
—
1943—12 Mos.—1942
1943—Month—1942
Period End. Oct. 31—
Gross
income
Net
j
v.
.r,r.v,
rl i11cr
is reported at 137,544,000 cu. ft.,
9.02% above production of 128,-
tt-nolr
c
vocif
a cm
V
1
n
OflSfll
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE 1
Number 4233
158
One share of Pacific
this
for
voted
Interest
23.
American's
has set aside $9,350,000 for dividends
The company
$9,050,000
Nov.
purpose
year
a
it
ago,
of
share
a
A
The
Association
territory
with
the
kwh.,
of
increase
an
158, p. 2049.
costs.,
1942
1943
20—
its interest
The
493,380
(Federal, State and municipal)—2,821,958
480,000
interest
i
Taxes
,
1,785,795,
before
$1,871,164
273,202
charges—.—..
capital
other
and
—...I.—u_
charges..—.
Balance
dividends
before
——$1,597,963
360,630
.
declared
dividends
———
for
dividends
common
$1,237,333
—
_
holding
Power
and
Public
$1,681,882
360,630
income in the
RR.—To Redeem Lake
Trust Ctfs. Ap¬
proved—Arranges $2,000,000 Bank Loan—
off,
company
Dec.
on
bonds, due Jan.T,
extended 3%
The
the
of
sales
of
bonds
to
...
'
'
!
■
»'■
trust
entered
certificates
recently
on
for
Earnings
Month? and
'•
railway
;
"
$8,608,021 $83,585,093 $72,617,115 ?
Net
income—.——
income
,
1,200,000
541,590
2,109,637
$758,687
taxes
operating
$1,717,226
funds and other
appropriations of inc.
20,052,000
3,293,805
11,451,069
$7,726,922
14^000,000
3,161,620
11,769,428
$7,747,298
Sinking
8,334
83,333
83,333
$750,353
profit and loss
8,333
$1,708,893
$7,643,589
capital stock,
on
15 declared
Nov.
applicable
a
Dividend—
securities
dive,
to the quarterly
on
June 25, 1943, and a
management of
appearing before it
will not accept any
the companies which are
proceeding
the companies to reflect on
retroactive accrued depreciation in excess of the a.mount
nor make
any arrangement appropriating future income
eight-company
of
the
books
shown,
consolidation
Commission
which
compels
for retraactive depreciation reserve.
counsel, asked that a full
Commission ruling be had on a motion to strike from the records the
exhibit and testimony of Commission witness George E. Goldthwaite,
who
on
Nov.
11
attempted to apply his theories on straight line
depreciation in setting up reserves on the books of the proposed
consolidated
company.
LeBoeuf in his plea to presiding • Commis¬
sioners Neal Brewster and Maurice Burrltt pointed out that four of
the
companies
(Buffalo Niagara Electric Corp., Niagara, Lockport
and
Ontario
Power
Co., Central New York Power Corp. and New
York Power and Light Corp.) cited by Goldthwaite have as of Dec. 31,
1942, a surplus of $25,031,000.
Under the Goldthwaite theory of
straight line depreciation ir. which he suggests an increase of $64,916,000 in
the depreciation . reserve,-the companies would show a
Randall
J
LeBoeuf,
Jr., Niagara Hudson
surplus deficit of $39,885,000.
Addressing
the
estimates
such,
nightmares we know them to be, it would appear that
companies is now and for some time has been invelent."
according to LeBoeuf, under the laws of the
State of
pany's objection, and the company will be
sion.
The
hearings were adjourned until
p.
the
be
will
3,183"
$663,504
60,504
71,240
266,375
301,689
$72,382
$416,929
$361,818
65,975
67,027
266,578
270,561
$21,831
$5,356
$150,351
$91,255
divs,..
Co.—Earnings—
Sept. 30—
1943
Operating
Net
revenues—
income after retirement
income
Earnings
—V.
first
used
remaining assets
—
per
2,159,960
shs.)
(550,000
1942
$12,907,443 $11,269,41®'
3,016,783
3,509,428)
2,629,472
$2.85
—
...
share
common
accruals
reserve
$3.70
—
2051.*
158, p.
Oklahoma Power & Water Co.—
to
Period Ended Sept. 30—
>>,"■
(Del.)
Total
3,356,250
4,591,250
Taxes
5,464,929
1943—3 Mos.—1942
&
1943—12 Mos.—1942
$360,484
$344,942
$1,443,086
$1,449/120
218,408
revenues
208,757
861,693
877,505
122,013
124,815
expenses
than
(other
inc.
Fed.
profits)
32.264
32,027,
"Federal income taxes..
19,800
15,618
$90,011
$88,540
Net
excess
operating
Other
4,403,750
4,071,304
oper.
Operating
(& Sub.)—Earns.—
income
income
,
,
•
87,726
59,02®
$371,653
$387,77®
10
6
470
335
$.90,020
$88,546
$372,124
$388,112
51,218
5,410,661
3,241,57;5
3,932,900
4,558,860
Int.
2,484,09$
4,180,995
2,303,125
....
income
Amort,
debt*
long-term
on
54,978
212,783
225,67?
7,194.
debt
of
7,801
30,192
32,799
1,080
1,054
3,956
4,120
1,130
1,211
3,938
4,218
$29,399
$23,501
$121,254
$121,301
discount
expense
General
Interest,
net—.
■
Other income deducts...
Net
$7,342,629 $10,638,183 $10,822,793
3,202,569
4,232,175
4,242,866
$4,140,059
$6,406,009
notified as to their deci¬
Nov.
22
in
*1942
surplus
4,279,585
4,717,101
3,546,629
———a—
$8,378,759
$7,346,240
$9,691,905
Previous
earned
Total
note).:
Divs.- on 7%
;jl
-
connection
with
the declaration of the
1,534,204
1,363,635
2,216,166
1,317,382
>
1,170,789
94,715
1,902,776
28,332
;
period
proposal of this company to pay a dividend on its common stock
$25 par value common shares of the Pacific Gas & Electric Co.
end of
\
$5,498,842
——
Sales
2,045,453
K
f
$4,717,101
'
,
•
Federal
176,613
Weekly Output—
Electric
/
'
v/i
•;.
An
initial
dividend
capital stock,
p.
of
cents
40
payable Dec.
,
share has been declared on the
holders of record Nov. 15,—V. 157,
j
.
compared with 2,493,314 pounds in the first
ten months of 1942, according to Croil Hunter, President.
Pound miles
registered were 3,206,892/731 for the first ten months of this year, com¬
pared with 2,010,807,233 in the same period last year.
Monthly air
mail figures showed 556,164 pounds handled during October, compared
with September's 522,848.
This was a new monthly record for the air¬
line.
A total of 455,944,431 mail pound miles was flown in October,
compared to 413,341,264 in September.
During October, the corporation carried 10,062 passengers 7,064,978
revenue passenger" miles,
an increase of 65,000 miles over the record
month of
of
this
year,,
September.—V..158, p, 2050.
9 Mos. End. Sept. 30—
Sales
—
and
Costs
taxes'
Ordinary
Profit
...
31,653,400
2,433,653
2,520,153
5,310,642
678,848
6,437,066
733,608
$14,673,221 $11,307,596
'$9,590,612
735,201
892,901
Depreciation
6,317,471
6,075,015
Depletion
1,732,340
1,865,927
profit.
$16,014,459
income—.
Other
29,610,750
2,202,913
$22,614,164 $17,297,086 $16,761,287
$24,164,259
—
1940
$45,305,359
26,533,304
2,010,768
1941
1942
1943
29,603,748
1,157,639
846,033
Increase
income
$17,172,098 $15,519,254 $12,042,798 $10,483,513
—•
:
157
1,279
1,984,182
4,097,558
2,068,755
1,949,728
$9,244,080
$7,804,288
1,135,673
1,640,844
$7,153,891
1,553,138
1,312,647
for
Fed.inc.tax
dividends
Preferred
85,559
854,715
1,640,844
Common" dividends
1,640,844
"No
6,563,377
$6,748,521
6,563,377
$1.60
$1.28
—$8,878,351
stk. (no par).
com.
per
share.
Consolidated
Assets—Cash,
indebtedness,
Balance
$18,740,626;
$9,469,763;
U.
notes
Sheet,
Sept.
$4,288,106
6,563,377
$0.85
$5,027,771
6,563,377
$1.02
provision made for Federal excess profits tax.
30,
,
at
cost,
100,000
$217,444
adjustments
net.
The
(less
$449,839
minority
———
Cr7,829"
,
,
$220,273
Cr39,321
$489,16®
extent
of
the
business
subject
to
renegotiation
and the possible effect on earnings for
forecast at this time.—V. 158, p. 895.
be
(& Subs.)-
1942
-Earnings—
1943—3 Mos.—1942
1943—9 Mos.—1942
$2,182,451
$1,803,421
$6,298,560
$5,244,453
1,149,747
965,055
3,177,135
2,540,006)
repairs
46,931
35,694
133,075
142,64®
amort.
185,787
181,593
558,888
563,769
(other than Fed.)
137,364
122,085
393,828
352,997
$662,623
$498,993
$2,035,634
$1,645,033
revenues
Deprec.,
Taxes
Other
&
depl.
Gross
....
i.—...
Maintenance
&
profit '
v—~
income
45,936
144,240
46,649
$519,994
$2,179,874
$1,691,681
income—
from
and
taxes
54,322
57,071
166,351
174,132
321,600
.181,900
966,400
f623,300
$332,637
$281,023
$1,047,123
$894,250
44,460
income
Balance
21,001
$708,559
...
-
44,460
133,380
133,380
$288,177
$236,563
*$0.11
$913,743
$760,870
$0.62
*$0.41
excess
(est.)..
—L...,
subsidiary
Net
profit
Earnings per
..r.
share
com.
$0.19
1942
consolidated
nine
months
earnings do not include the equity in
estimated profits of an associated company.
The inclusion of such
profits would increase earnings approximately $34,500, or 5 cents pe*
common
shitre for the quarter, and $49,600, or 7 cents per common
*The
the
above
for
tax
the
rates
ended
Sept,
30,
tAdjusted
1942.
to
the Revenue Act of 1942.—V. 158,
imposed by
Panhandle Eastern Pipe Line
12 Mos. Ended
reflect
775.
p.
;
for
Provision
505,844
399,325
—
—
3,190,195
2,883,412
884,638
917,699
1,735,143.^ 2,299,16®
1,441,536f; 2,771,681
deple. & amortization—....
and misc. Federal.-——
taxes—Federal income
..a—
for
profits
excess
operating
interest
Total
S. Treasury notes and certificates of
hnd accounts receivable, less reserve,
$6,542,593;
3,870,113
local
Federal
Feb.
6,
1942)
-
—
income of sub.,
Net
—
_.._T
$4,319,068",",'$6,664,213
revenue.—.
!
deductions..—.........
.800,348
(incl. net income of sub. acquired
Net income
1942
$19,805,614
4,869,815
—
deprec.,
Net
1943
1943
$16,946,239
—
—:
Maintenance
Prov.
Co.—Earnings—
Sept. 30—
revenues
Operations
Note—For
Gas
$6,635,894; notes payable,
due serially Feb. 11, 1945-1951, $12,500,000; deferred liabilities, $215,794;
common
stock
(6,563,377 shrs.,
no
par),
$59,235,791; capital
surplus, $5,087,363; earned surplus, $34,235,788; total, $122,767,641.—
V. 158, p. 1769.
Feb.
Federal taxes
income
on
(est.),
—
—
prior to date of acquisition
,
;
$728,999
'
,$3,518,720
$5,935,214
V
242,086
of
the
interest
in
Commission's
with
the
rule
proposed
for an exemption from the require¬
U-50
covering
Divestment
of
its
interest in
disposed of within the year
the
For
enue
a
12
months
1942, are not included herein.
Sept. 30, 1943, $6,505,541,
ended
an
amount
equal to a reduction in rates ordered by the Federal
1942 has not been included in gas rev¬
has been set aside in a special deferred credit account pending
of the order by the Circuit Court of Appeals.
Commission on Sept. 23,
but
review
in
stock
Condensed
cor¬
of May 20, 1943, approving Ogden's plan
zation
other
Balance
Sheet,
Sept.
SO,
1943
$96,428,981; intangibles (less reserve for amorti¬
of gas sales and purchase contracts of $2,270,972), $1,398,166;
investments, $115,246; cash, $4,409,325; special deposits, $300,-
Assets
its subsidiary, Derby- Gas &
poration under the SEC order
of comparison, the operations of Illinois Natural
Gas Transmission Corp. (Company acquired
and of Michigan
1942) are included in both periods and certain nf the data
both periods have been restated in other instances.
The operations
Indiana
Gas Distribution Corp.,
a small company acquired and
competitive bidding
the corporation's common
Electric Corp.
•
Derby Gas is mandatory on the
sale of
purpose
$5,693,128
6,
Power
and Exchange Commission will hold a hearing Nov. 22
request of the corporation
the
for
of
Co.
$3,518,720
;
approximately
Ogden Corp.—Hearing on Exemption—
The Securities
income
Net
$3,744,500; accrued, taxes and interest,
Liabilities—Accounts payable,
$1,112,511;
on
88,703
150,000
$3,699,194; miscellaneous notes and accounts
reserve,
ments
64,61®
82,887
—
cannot
Operations
■
investments, at cost, less
receivable, $943,155; fixed assets (less reserves for depletion and depreciation, $184,603,982), $76,511,286; deferred charges, $588,974; total, $122,767,641.
inventories,
$6,272,050;
33,758
237,480
_
—;
other
Taxes—State,
Earnings
127,78®
24,385
be determined
to
1943
Gross
Net
surtax
Period End. Sept. 30—
1,323,333
1,265,369
interest
charges—.—a
*Prov.
$864,705
79,641
in surplus for period—
Operating
5,587
1,817,420
4,681,336
profit—..— $10,604,753
Other
3,876,65®
$791,837
735,333
218,747
193,590
168,579
——_
and
renegotiation.
remains
share
Total
4,255,074
interest, net—
therein),
profits
$56,288,160 $56,701,217 $49,110,749
expenses—..
$4,741,35®"
operations.^....
and
Deduct,
(& Subs.)—Earnings—
1942
$5,046,911
The Government, under date of May 17, 1943, notified company that
has decided
to
renegotiate such contracts as may be subject to'
Fed.
Ohio Oil Co.
'
„—.
Pacific Public Service Co.
during the first
corporation carried 3,984,377 pounds of air mail
months
ten
1943
income'
interest
Airlines, Inc.—New Records—
Northwest
1942
Co.—Earnings—
profits tax
Surplus
and
'/■;
witl*
$2,785,680
Provision for post-war adjustments and conting.
it
per
to
10
996.
tax
Excess
the week ended Nov. 20, 1943,
with 38,575,000 kwh,, for the
increase of 11.2%.—V. 158, 2050.
Northrop Aircraft, Inc.—Initial Dividend—
accordance
1943
'
other
and
Net
/'
30—
Sept. 30—
w:;
from
Normal
of this company for
42,914,000 kwh., as compared
output
Sept.
Minority share Pacific Coast Cement Corp...
after
is
in
of
Bond
$4,717,101
$5,498,842
tax
computed
1176.
goods sold, expenses, depreciation, de¬
pletion and taxes .——L——.4
,
profits
excess
been
158, p.
$3,240,564
—a,
Cost
1,756,184
74,121
deducting
credit for post-war refunds as follows: 9 months ended Sept. 30, 1943,
$361,525; 9 months and 12 months ended Sept. 30, 1942, $276,000;
12 months ended Sept. 30, 1943, $464,555.
for
Notes—Provision
Ended
Pacific Coast
$8,695,350
"
1942.—V.
1476.
p.
Profit
connection
Co.—SEC Approves Dividend—
Months
158,
9 Months Ended
pfd.
Earned surplus,
Act of
sales
—V.
-
stock;
Divs. on 6% pfd. stock.
Misc. direct items (net)
'■i
income taxes have
Federal
Revenue
Net
stock
capital
on
—
Oppenheim, Collins & Co., Inc.—Sales Up 16.3%—
1,431,205
$5,148,721
—
Syracuse.—
Ry.—Dividend Ruling—
income
$6,579,926
1,431,205
Surplus
North American
A
assets
with
$4,974,804
Minority
dividend of $2 per share
on
the common stock, payable Dec. 10 to holders of record Nov. 26,
1943, the National Uniform Practice Committee of the National Asso¬
ciation of Securities Dealers, Inc., on Nov. 19 .stated; in .part as follows/
"Under section 5
(a)
(1) of the National Uniform Practice Code,
Unless otherwise agreed at the time of the contract, transactions in
this company's common stock shall be 'ex' $2 on Nov. 24, 1943.
"In
the meantime,
the committee directs that when offering this
stock for sale, sellers specify whether the stock they offer is 'with
dividend' or 'without dividend.' "
.
<■
' ' .
The general mortgage indenture of this company's income 5% bonds,
due 2014, contains a provision which reads as follows:
"If at the date of the surrender of any bond for conversion a cash
dividend or dividends shall have been declared and be unpaid upon the
common stock of the company,
the shares of stock issued upon such
conversion shall not be entitled to participate in any such dividend h
the right of the holder of stock issued upon the conversion of a bond
to participate in dividends declared upon such stock shall pertain only
to dividends declared after the date on
which such bond shall have
been surrendered for conversion."—V. 158, p, 1941.
with
1,562
$683,304
$87,806
'stock
Three
Shs.
,
and
1,073,404
New
2050.
Norfolk Southern
In
in the Elk River
Ltd., New Mexico
Southern Arizona
$3,066,656
Interest
on the preferred and common
stocks of the com¬
panies should not have been paid for some time in the past nor could
they be paid now..
Asked for an immediate ruling on the matter, Commissioner Brewster
announced that the full Commission will meet to pass on the com¬
158,
interests
1,073,404
each
As
York,, dividends
V.
191
$143,622
,
158, p. 1176.
Gross
i
$3,463,219
4,915,540
Operating
Commission, LeBoeuf pointed out that if the Gold¬
are to be accepted as real and
"not the fantastic,
statistical
the
Co.
3,168,163
..
income.——
Net
period ending Dec. 31, 1943.
Niagara Hudson Power Corp.—Will Not Accept Order
Which Compels Retroactive Depreciation—
The corporation on Nov. 12 told the New York P. S. Commission
of
275
$143,432
$148,311
Oklahoma Natural Gas
minor¬
and
interest—
ity
The
thwaite
W.? Shattuck
S.
its common stock.—V. 158, p. 894.
corresponding week last year, an
quarterly of 50 cents on March 26,
1943.
Payments in 1942 were as follows: March 27, June 27 and Sept.
25, 50 cents each; and Dec. 29, 75 cents.—V. 158, p. 1736.
of 50 cents
now
27,687
(net).
12 Months Ended
its
sell
dividend of $1 per share on the
payable Dec. 14 to holders of record Dec. 7.
A similar distribution was
made on Sept. 24, iast, as against a quarterly of 50 cents and an extra
their
the
Inc.,
its
will
$4,536,623
deductions-
inc.
totaled
order
—V.
$7,610,631" $7,271,575 $10,518,964 $10,755,889
94,154
119,219
66,903
71,053
income..
oper.
Sub.
.
City Omnibus Corp.—$1
New York
an
"
Balance
the
$7,663,965
"
158, p. 1940.
The directors
in
$660,32®
$148,035
.
incomes
3,071,625
income
Divs.
1943—10 Mos.—1942
1,960,200
347,777
1,132,769
Net
the
$681,741
$3,034,948
'
income
Preferred
excess
profits taxes—
that
2,199,807
147,132'
in¬
deductions
Net
3,253,725
prof, tax
excess
(see
Months Ending Oct. 31
If)
$8,751,397
and
The
company.
that sale.
of the Lake Erie & Western bonds.
1943—Month—1942
Gross
to
of
*
Balance
for a bank loan of
expend, together with
has completed arrangements
favorable terms which it will
"
inc.
mark fulfillment
the
sold by
18 sanctioning
order on'Nov.
an
treasury cash, for the. redemption
Bal.
210,815
•
sell
$7,704,785
'
1
company
$2,000,000
—V.
Total
and
offer to retire the bonds, contingent on
Commission approval of the Issue of $2,025,000
Commerce
equipment
Other
30,958
.....
income
Gross
income
taxes
Federal
voluntary
Plate's
Commission
Federal
the
3,472,500
State
Fed.' and
Net
announced that this redemption will
further
Nickel
:
lieu
taxes
Gross
subsidiary,'
4,078,942
inc.)
Taxes (other than
Total
*''
Interstate
!/
2,243,959
39,231
operating. income
Other
,
Depreciation
presently outstanding in principal amount of $4,919,000,
101%' of principal, together with accrued inter¬
20.
Bonds should be presented, on or after that date, to
"
/:
$3,136,516
510,375
its
simplify
Continent
Cold Storage
&
agent,
The
Net
1943—9 Mos.—1942
1943—12 Mos.—1942
$34,442,753 $32,394,645 $46,048,303 $43,632,898
11,730,638
10,830,638
15,705,321
14,633,242
1,224,691
1,139,303
1,653,944
1,567,370
revenues.—.
Trust, Co. .of New York, 140 Broadway, New York, N. Y.,
with coupons payable Jan. 1, 1944, hnd thereafter
Guaranty
was
all
provisions of the
another
Co.,
North
Mines,
Power Co.
Operating
Other
Dec.
paying
$684,765
532,488
redeemed at
to be
est
In
come
necessary
,
.
Continent,
North
Period End. Sept. 30—
1947.
bonds,
are
It
1943,
20,
of
step
a
recapitalize and
which
will
also
Northern States
\.
announced that it will redeem and pay
all of its outstanding Lake Erie & Western
18
Nov.
on
Charges
1943—12 Mos.—1942
$719,755
taxes.
Co.
Operation
Erie & Western Bonds—New Equipment
The
Gas
Co.,
Maintenance——..
New York, Chicago & St. Louis
and
Federal income taxes—_
$1,321,252
$1,074,964.—V. 158, p. 894.
1942 period was
holders
as
Co., the Great Northern Gas Co.,
Highland Utilities Co. and the
Light
the
retire
to
.
in
the Denver Ice
company
Service
the
for
expense
filed
"death sentence"
Falls
Continent
North
Proceeds from
_
1943 period includes $2,157,934 provision
for Federal taxes on income, such amount being computed in accord¬
ance with the Revenue Act of
1942.
The provision for Federal taxes
Note—Tax
security
was
steps to
necessary
be distributed among holders of
Balance
exps.
Co.—Earnings
1943—3 Mos.—1942
revenues
Act.
Great
subsidiaries
and
Co.
Public Service
Preferred
the
its
Co.,
the same way.
include
Chemical
$1,966,879
284,997
in
non-utility
The
Balance
Interest
Oper.
Great Northern Utilities Co. and Southern Utilities Co., Ltd., or
to merge the three companies into one system and then to dispose of
249,055
Depreciation
and
take
to
to
Gas
provisions of the
Continent
also
286,919
.....i,,/.
.
oper.
Gas,
$13,548,192 $12,655,887
8,074,771
8,174,158
'
.
Maintenance
Liquidated—
corporate structure of the latter.
A plan for such recapitalization
was approved by
the SEC on Oct. 14.
North Continent proposes also
to sell or distribute to its security holders its interest in Great Palls
Co.—Earnings—
earnings
gross
Operating
the
Shore
Utility Holding Company
North
propose
9 Months Ended Sept.
North
the
kind
In
distribution
or
in
effectuate
to
■.
New England Power
Total
sale
Public
the week ended Nov. 13, 1943, was 64,151,764
4.19% over the corresponding week last year.—
Comparable figure for
in holding and
holding company would enhance the value of its assets.
interests
V,
'
Northwestern Public Service
Period End. Sept. 30—
Total
plan, calling for the sale of all of North Continent's interest
three non-utility subsidiaries and five utility subsidiaries and for
in
number of kilowatt hours available for its
ended Nov. 20, 1943, as 65,969,460, compared
ended Nov. 21, 1942, an increase of
for .the .week
,
Nov.
divest Itself of all its interest, direct and indirect,
158, p. 1352.
public utility companies.—V.
The
reports
week
the
for
62.936,106
4.82%.
of
158, p. 2050.
for liquidation and dissolution of the corporation
17 by the SEC, which held that the early demise
plan
approved
the
4.82%-—
to
for
be paid at the rate of 29 cents for each l/100th
stock, based on the $29 market price as of Oct.
will
voluntary
was
of
of
certificates
Continent Utilities Corp.—To Be
North
.
on
of
options and dividends left on
New England Power Association—Output Up
V.
place
In
Pacific
of
.
...
stock.
common
29, the date on which the dividend was declared.—V,
deposit.
New. business or,the company for the first 10 months of, 1943 was
20%
ahead of the 1942 period and October was 48%
ahead of that
month last year.—V. 154, p. 1192.
\
...
ment
outstanding
cash
fractions,
in 1944, against
announced on
paid on settle¬
was
will continue to be
of 3'/4%
at rate
approved on Nov. 23 by the Securities and Exchange Commission.
stock will be paid on each 100 shares of North
was
Co.—$9,350,000
New..England Mutual..Life-insurance
,
Dividend Provision—
2193
Gas plant,
THE COMMERCIAL & FINANCIAL CHRONICLE
2194
2H5;
cash investments, $6,430,000; accounts and notes re¬
$511,828 which
will,
when
received,
be
impounded
temporary
ceivable
unci.
pursuant to court order, $1,982,324, less reserve for doubtful accounts
of
$90,719),
$1,891,605;
material and
supplies, $697,351;
cash im¬
pounded pursuant
deferred
to
charges,
$658,752;
Liabilities'—-Common
total,
shares,
(810,000
stock
and other
$5,993,713; prepayments
$118,323,423,
order,
court
/
$20,250,000;
par),
no
(143,715 shares) $14,371,500; mort¬
gage bonds, scries A, clue serially Nov. 1, 1946 to Nov. 1, 1950, $6,250,000; mortgage bonds, series B, due Nov. 1, 1960, $12,000,000; mortgage
bonds, series C, due Jan. 1, 1962, $9,250,000; serial notes, series B, C,
and D,
due serially Nov. 1, 1943 to Nov. 1, 1945, incl., $3,750,000;
10-year 2:T%> debentures, due June 15, 1953, $10,000,000; accounts pay¬
able,
$1,411,507; dividends declared—preferred stock, $201,201; divi¬
dends
declared—common
stock,
$405,000;
matured long-term debt,
5.60'S
cumulative
$94,781;
preferred
accrued
stock
$4,813,551; accrued interest, $374,853; other
$14,716; gas service revenue impounded
taxes,
current and accrued liabilities,
pursuant to court order, $6,505,541; deferred liabilities, $46,279; reserve
l'or
depreciation, depletion and amortization, $17,190,670; other re¬
serves,
$851,782; surplus (restricted as to payment of common stock
dividends, in the amount of $6,242,187), $10,542,041; total, $118,323,423.
March
Note—On
Michigan
the
of
its only wholly-owned subsidiaries
and extinguishment the capital stock
stock and indebtedness of the latter.
companies were then dissolved.—V. 158, p. 2051.
Corp.
cancellation
for
and
former
subsidiary
The
the assets
Gas Co. and
of
acquired all
Illinois Natural
companv
liabilities
Transmission
Gas
surrendered
And
of
of" the
all
assumed
and
the
1943
31.
capital
the
share.
The company
the SEC.
has amended its voluntary plan of reorganization filed
The- plan,
as originally filed set forth an alternative
amended plan adopted a definitive plan of distri-'
bution to its stockholders of Its assets, consisting principally of com¬
mon
stock of its remaining subsidiaries, on the basis of 95%
to the
preferred stock and 5'% to the class A and B common stocks.
Texas Public Service Co. proposes to purchase from Lone Star Gas
Co.
the
physical properties and assets, except cash, comprising the
gas manufacturing
and distribution systems serving Galveston, Texas
and adjacent territory for the sum of $2,383,000 in cash subject tp
certain
adjustments as provided in the purchase agreement
dated
Oct. 20, 1943.
The acquisition will be financed with treasury cash
and with cash on deposit (approximately $1,120,000) with the trustee
under the mortgage of Texas Public representing the remained of the
proceeds from a recent sale of properties..
Lone Star Gas Co. pro¬
poses to employ the proceeds of the proposed sale to reduce its out¬
with
while the
standing
bank
loan
♦Profit
plan
operations $12,794,721 $10,601,169 $16,958,663
mktble. sec._
105,483
80,969
140,893
from
Inc.
Gain
sale
on
mktble.
of
Total
cxch.
or
see.-:
99,390
$13,003,462 $10,785,870 $17,236,819
income
Dr27,372
173,873
10,443
126,820
5,140
98,592
3,808
✓
income-*:
Miscellaneous
$14,471,978
96,738
$14,715,217
Additions to reserves:
(1)
West
Coast
Power
11,500
shares
.
proposed
(a)
_*
Empire
For
8,000
125,000
185,000
10,000
'
500,000
_„_™
est. income
prof, taxes-
for
and
exc.
$14,707,217
(b)
no
Net
profit
Earn,
4,896.780
$1.15
$1.01
.
amortiza¬
deducting depreciation of plant and equipment and
fAfter allowing for post-war refunds.
foreign countries (chiefly in the British
patent rights,
of
current
Net
$6,982,929
$7,290,948
4,896,780
4,896,780
$1.40 ; ,:
$1.47
$4,944,760
4,896,780
•
share—
per
♦After
tion
$5,608,462
period
for
outstanding---
Em¬
in
assets
have been included in the balance sheet at the lower of official
or
quoted market rates of exchange at Sept. 30.
Fixed assets have
been included at approximate U. S. dollar cost at date of. acquisition.
pire*
foregoing basis, the net assets (mainly net current assets) in
foreign countries as of Sept. 30, 1943, amounted to approximately
$5,030,000,
of which
approximately $3,600,000 were in the British
Empire (England, $1,450,000; Canada, $1,200,000; Australia, $825,000;
India, $125,000) and (he remainder in Latin-American countries.
The
net profit yielded from foreign operations in the first nine months of
1943 through foreign branches and sales made direct from the United
States, before provision for profits not transferred to the United States,
amounted to approximately $1,600,000, of which approximately $1,100,the
On
000
from the British Empire.
was
it
periods ending Sept. 30, the 1943 provision for U. S. A.
income and excess profits taxes has been made at rates
effective in 1942.
Provision for the U. S. A. excess profits tax for the
and
fordign
nine-month period
in
with
is approximately. $4,190,000 compared
1943
Company anticipates no adjustment of contract, prices in /relation
Government.—V.
sales to the U. S.
Public
by
The directors
record
of
and
28
Feb.
Sept.
declared
15
a
June
payable Dec.
the
of
Texas
9
the
to
of
Farm
Third
9
2.9 (/c
of
Holders
such
the
of
the
indebtedness
class
present
receive
for
share
of
each
share
class
and
A
B
and
1/30
by
share
1/10
of
Texas
of
Public
made
were
March
on
1,
The directors
and
1 %
a
stock
dividend
April 20,
on
were
follows:
as
on
Operating
deductions
revenue
32,877
29,193
Operating
net
$25,812
183
254
_____
7,699
deductions
Net
income
Dividend
—V.
6.566
and
excess
taxes
Net
operating
$10,954
9,674
158, p.
A
capital
railway
has
made
for
share
one
offer
the
to
holders of
4.40%
series
of
share
each
ah
which
of
5,10 T
series
holders
such
of
offer
—V.
the
other
dealers
Boston
cents
Corp.
of
in
the
of
exchanges and
so.
various
5.10 %'
dealer
letter of
in
doing
advised
share
per
name
to solicit
company
has
to
Corp.
obtain
stock
as
exchanged'in
were
the
Mellon Securities Corp.
dealers that they will
been
transmittal
series
entitled
are
to
A
re¬
each
engaged
assistance
of
The First
dealers 35
and
pay
where
case
-
directors
capital stock,
have
a
dividend
of
$1.50
per
on
the
$50. payable Dec. 13 to holders of record Nov. 20.
This compares with $1 paid on June 29, last, $1,50 on Dec.
13, 1942,
and $1 on June 29. 1942.—V. 158, p. 1861.
par
■.
Penn Valley Crude
3 Mos. End. Sept. 30—
■
.
.
i
5,868,477
2,160,180
(& Sub.)—Earnings—
1942
1941
1940
$63,277
$60,861
$59,634
5,433,577
307
535
1,321
Total.
$63,690
revenue
$61,168
$60,169
$55,021
Operating exp.,
depletion,
deprec.,
etc
90,468
78,222
534,771
3,427,475
2,688,550
loss
for
period™
$19,291
Balance Sheet,
in
the
Assets—Cash
in
banks,
$12,958;
$29,300
$18,053
$34,450
be
continue to
Long-term
this
at
and
refundable
profit
time.
1943
Under
to
the
Government
business, now in progress,
circumstances, even a
such
U.
S.
Govt,
securities,
Liabilities—Accounts
payable,
accrued corporate
accounts
$150,000;
$7,449;
crude
accrued
and
oil
social
security
taxes,
taxes, $1,419; accrued expense, $451; deferred
$1,426; class 'A" stock (102,241 shares), $613,446; class "B"
Stork (201,904 shares), $2,619; capital surplus, $342,621; earned deficit,
$436,530; total, $533,477.—V. 158, p. 1381.
$576;
income,
Two are 80-ton
six
wheelers
not
guage,
of
eight wheelers with 51-ton
with
35-ton
tenders;
and
three,
tanks.
area,
with fire bars,
low-heat-value Brazilian
our
standard
coal.
The
track,
provided
are
locomotives,
the
announce¬
called
known
as
"Sociedad
Financiers
de
Industria
y
has indicated its intention tp offer to purchase the
at
a
price, which will net stockholders $8.85'
currency)
at,least
per
75%
share,
of
the
if
the
offer
is
Manufaqturera
accepted
by stock¬
stock.
to
158,
p.
679.
& Alexander, Inc.—15-Cent Distribution—
directors
1.
Similar
Nov.
on
20
payments
Steel
have
declared
a
dividend
were
made on March
:
of 15 cents per share,
15 to holders of record
15,
June
15
and
been
Car
called
Sept.
Called—
Co., Inc.—Debentures
for
redemption
as
of
Dec.
20,
1943,
of 15-year 5% debentures due Jan. 1, 1951, at
Payment will be made at the New York Trust Co.,
Broadway, New York, N. Y.—V. 158, p. 1075.
Transfer
of estimated interim earnings could be misleading,
tional
stated.
announcement
the
of
1942
of our
estimated
qualified statement
a
par
total,
and
trustee,
Service
of Colorado—Common
Co.
Stock
Of¬
Provides
debt
RFC
of
as
Sept.
30, 1943, had
158, p. 1941.
been
reduced
p.
output
electric
ended
20,
Nov.
14,467,000 kwh.,
the
for
1943,
or
company
amounted
12.8%
to
to
"
•
*t
1
'
Philadelphia Suburban Water Co.—Earnings—
Oct. 31—
1943
Ope*, (incl. maint.)
Taxes-—'
-
York
.
Company-iThe
817,274
"
organized in Colorado Sept. 3, 1924 as
same name (Jneorp/.Oct. 3,(incorp. April 2, 1913) .
The company
% organized Oct; 3. ..1923 was .The .successor by merger of a company of
the same name (incorp. Aug. 2, 1923), Denver Gas & Electric Light Co.
615,582
>375,671
$1,136,129
$1,596,054
1923)
1940
$2,783,999: $2,656,898
1,086,584
2
5
;
-1941
1942.-
$2,838,294
Gross revenues
Listing—Coinpany; intends in due-course tahd in any event within
years) to make application to list' its common stock on the New
Slock Exchange.
"TV,
'
.
-
two
successor
'
earnings
370,359
$1,516,117
-
deductions
Bal.
for
avail,
158,
1941.
p.
526,241
893,810
916,173
$609,888
$702,244
$618,145
——"
divs.__
..
p4,614
$581,503
'
.
period End. Sept. 30—
♦After
per
1943—3 Mos.—1942
t$636,403
$0.67
share
The
company ;is
Federal
estimated
and State
income
and
$1.78
excess
profits
$1.45
taxes
for anticipated voluntary price reductions and re¬
negotiation of war contracts.
tAdjusted figure.—V. 158, p. 2051.
and
after
provision
>
a
public
utility
in Denver in that year.
)
operating company engaged prin¬
transmission, distribution and sale
of electricity
and in the1 purchase, distribution and sale of natural
gas.
It is nlso engaged, but to a minor extent only, in rendering steam
heating service, bus transportation service and manufactured .gas ser-»
and
in/the'manufacture and sale of Ice and tar products.
Inci*
its" business, it also sells and cooperates with dealers in the
and gas appliances,
which • activity, however, is now
substantially, curtailed due to war. conditions.
Company owns all the
outstanding securities of Cheyenne Light, Fuel •<& Power Co., a public
Utility operating Company engaged in the generation, purchase, distribu¬
tion and sale of electricity: and in the purchase, distribution and sale of
natural gas, and Colotado-WVoming Gas Co., a natural gas pipeline
company, and also controls through stock, ownership four other sub¬
sidiaries which,are of relatively small size.
•
» '
sale
1943—9 Mos.—1942
$2,445,034 t$l,989,280
$0.47
Co.
cipally hv.the, generations-purchase,
vice,
$918,752
income—
net
Colorado ;Power
in 1869Tihd commenced operations
formed
-
dental
Earnings
was
of a company of the
and
272,766
$1,534,318
and
company
merger
3,
695,599:
752,222
*by
(incorp. Nov. 29, 1909) and Western Light & Power Co. (incorp. April
1906).' .The Denyef Gas ,and Electric Light,Co. Succeeded by mergers
consolidations'To several "corporations, the oldest of which was
$2,484,482
■
Net
Trust Co. of New York; The Interna¬
Bank of America National Trust- and
Registrars: Chase National-Bank, New York; Denver-National Bank,
Denver/ and American Trust. Co., Sail Francisco.
'
peridd last' year.—V.-158,•
'
Co;; Denver,' and
.•
and its- subsidiaries for the
12.7,354.000 kwh., an increase
over the same
2051.
Guaranty
agents:
Trust
Savings Association, San Francisco.
$150,000 from $389,000 a year ago.—V.
♦Consol.
notes
receivable,
inventory, $1,426;
fixed
assets
(less depreciation reserve of $57,032), $127,780; oil re¬
serves
(less depletion reserve of $71,903), $229,342; deferred charges,
$2,548; total, $533,477.
$9,423;
{
by
behalf
on
by an underwriting group headed by The First Boston
Corp., Boettcher & Co. and Bosworth, Chanute, Lough-'
ridge & Co. The offering does not represent new financ¬
ing by the company, the stock having been acquired by
the underwriters from the Cities Service Power & Light
Co. which disposed of its interest in the company in com-,
pliance with a divestment order of the Securities and;
Exchange Commission under the Public Utility Holding
Company Act of 1935.
~
Corp.—Shipments Increase—
The. amount
renegotiation
cannot
89,471
Sept. 30, 1943
been
awarded
Separation From Cities Service
Power & Light Co.—Offering was made Nov. 23 of 875,-'
000 shares of common stock (par $20) at S25 per share
six months ended
Philco Corp.—Third Quarter EarningsNet
States
Public
...
sheet.
balance
—V.
82,981
have
stock
fered—Sale
Mr. Seifert said, the directors deem it unwise to
statement of earnings for' the first half of the fiscal year or a
a
Total
.
executed
President,
said
$500,000
100
5,023,527
$53,700
413
revenue
•
he
interest.
1,974.781
785,567
dollar sales and tonnage of products produced
12 Mos. Ended
1943
Revenue—Oils, sales
Miscellaneous
Oil Corp.
•'
complete
being
Evans,
15, last, and in each quarter during 1942.
Previously, 'the company
paid dividends of 10 cents per share each quarter,—V. 158, p. 776.
highs,
new
week
share
locomotives,
first
is
M.
a
on
group,
state.—V.
Dec.
1,941,116
439,454
206,358
20.
Nov.
on
issue
of
declared
the
Brazil,
Pa.,'T.
2455.
p.
have
vote
Powdrell
The
1943—10 Mos.—1942
Philadelphia Electric Co.—Weekly Output—
Pennsylvania RR.-—To Pay $1.50 Dividend—
of
America's
Janeiro,
intention of
addition
There
384,337
258,738
Although
make
The
The
for1" South
de
Pittsburgh,
on-the $5 par value common stock, payable Dec.
1770.
158, p.
said
1861.
p.
'|
receiving $8.85 per share for The Manufacturer
stock, Potrerots stockholders should receive from the1 profits on last'
year.'s operations—the sale of sugar, alcohol, rum and molasses—and
the
Concepcion expropriation claim an additional $3 per share, it
Sept, 30, the first half of the
company's fiscal year, amounted to $6,866,000, compared with $5,878,000 for the same period of the preceding year, E. J. Seifert, President,
the
inserted by the
holder of the stock
having solicited the exchange.—V. 158,
.
*
preferred
expires at 12 o'clock noon on
remaining unexchanged will be redeemed.
Mellon Securities Corp. and The First Boston
by
itS'3T0%
stock
stock and $1 in cash
A
preferred stock.
The exchange
Nov. 27, 1943. Any 5.10% series A
B
to
Mexican
In
of
501,215
income-*,
Pettibone Mulliken
Pennsylvania Electric Co.—Exchange Offer—
ceive
9
the
(United
were
238,234
taxes___'
Shipments for the
Company
157.
holders owning
$4,372,376 $45,876,292 $35,927,151
16,531
1074.
preferred stock under
598,000
profits
income
$11,417
—__—
appropriations
Rio
Several
63-inch
a
Manufacturer
this year:
Payments in 1942
15, 50 cents each; and Dec.
1943—Month—1942
—.
Other
6,615
,
of
60-ton
Descuento, S. A.,"
'
Income
1,468,000
151,000
A., the Mexican operating subsidiary, on a basis of one share of,
Compania ManufactUrera stock for each share of Potrero stock held.
Canadian
and
8,498
.
442,000
stock.—V. 158, p. 1673.
$4,728,678
Federal
Net
accruals-
140,000
1,136,000
145,000
S.
the stock distribution will require the issuance of
Gross
$26,067
$25,682
—
reserve
377,000
a
special meeting of the stockholders
proposition for the dissolution of the company.,
the management to distribute as a liquidating
dividend all the capital stock of Compania Manufactursra del Potrero,
Aug. 6 and Oct.
15,
Period End. Oct. 30—
inc.
income
Gross
Retirement
372,000
387,000
523,000
1,578,000
locomotives
of the
use
for
Pressed
$25,499
income
income,
51.7,000
2,066,000
State
are
directors
is
It
Pere Marquette Ry. Co.—-October Earnings-
,
.
Other
606,000
Potrero Sugar Co., Inc.—To Vote on Dissolution—
The
1942
$55,005
—™
210,000
859.000
228,000-
538,000
with-four wheels and side
said.—V.
for Dec.
1/30
50 cents each
distributions of
and Oct. 22,
July 20
May
18,984 additional shares of
1943
—
445,000
.*r '•
Co.,-Inc.,
week.
four
built
ment
a
Cash
Dec.. 10.
75 cents.
It was stated that
$58,376
Sept; 30—
revenues
$168,000
484,000
;;;;-*■"•
■;
,■
;
engines,' all'-steam, were included in The order
G. McKee Co., Cleveland, O., prime contractor,
50-tons
are
cash dividend of 50 cents per share
the common stock, poth payable Dec. 20
recently declared
made
Pennsgrove Water Supply Co.—Earnings
12 Months Ended
for
Porter
to facilitate
18,
Operating
$356,000
712.000 r'.
1,891,000.:1,285.000
2,423,000 V .1,564,000
Unusually large firebox and grate
*
1770.
to holders of record
158, p, 1176..
Reserve
$524,000'
Pepsi-Cola Co.—Cash and Stock Dividends—
cents
Payments during 1942 were as follows:
cents each;
Sept. 1, 25 cents regular and
After Inc.
& Prof. Tax
Reserve
Sept'! 30
last
tenders;
to-request 'the Commission upon its approval of
to a Federal Court for enforcement of the plan.
Peoples does not propose to request approval of the plan by its stock¬
to holders
1
Inc. and
30—
National Steel Co. of Brazil.
Peoples proposes
plan to apply
p.
1942
to
of
electric
.
Sale—Tre common stock now offered is being sold to the
Cities Service Power & Light Co.
The proceeds of
sale are to be received by Power & Light and not by the company,
such sale does no,t;.represent new financing by the company.
Purpose of
Pitney-Bowes Postage Meter Co.—Earnings—
Walter H.
Subject
to
negotiation,
Wheeler, Jr.,
President,
on
underwriters, by
such
Nov. 17, said:
year-end audit, and with an estimated reserve for re¬
profits for the six months ended Sept. 30, 1943 are $262,-
000, equivalent to
approximately 29 cents per share outstanding.
This
and
The
is
company
consistent
is advised by counsel that such sale by Power Sc Ligty
Exchange Commission divestment
with the Securities and
I
'J
.655,000.,.
contract
Arthur
the
158,
•
-
.
estimqte.L-Vy T'SB, .p. 1770.
K.
Nine
'
.
.
first three quarters
are given below.
Prof. Tax
"
j
1, 75
shipped.'
Holders
Coast,
West
July 1 and Oct.
990.
Reserve
ji
mill, Tn The
H.
revealed
^stocks of Peoples will
share
for
-y.".'.
_„„.___J™':V_-™_:„''
Sept.
end.
The
steel
receive, for
of Cali¬
will
Peoples
of
common
stock
such
of
Public
California
stock*.
stock
the'
on
(II. K.) Porter Co., Inc.—Brazilian Contract—
interest accrued
1 1/9 shares of West Coast, 1 1/9 shares
3Va shares of Texas Public capital stock.
and
declared
been
Before Inc.
■
-
possible, to
the
preferred
present
share,
Public
•'*
Tax provisions for The 1942, periods were computed at 68%. • Tax'
for tfie: 1943 periods are estimated at 72%.
No provision
been made for the .effect of renegotiation proceedings relative to
some
15% To 20% of 'the company's business now pending but im--
manner:
each
•
v
to
2.1 '>
•
has
holders of the class A common, stock and
to holders of the present class B common stock in the following
stock,
preferred
'
provisions
(250
stocks of West Coast, California
Public
and
Texas
Public,
such
companies Will
deliver to Peoples
stock certificates representing the aforesaid shares of new capital stock
in exchange for the certificates representing the shares presently out¬
standing, all of which are owned by Peoples.
(7) Peoples thereafter will make a distribution of the new shares
to its stockholders
on
the basis of 95%
to holders of the present
of
.■
'
-
end.
mos,
are
reclassification
1177.
covering
quarter'T—JC-__—™-l'_A—
quarter LV—L/CI--.-™-——'
mos.
12
Peoples.
Upon
158, p.
& Prof. Tax
'
1943— ;
'V: '•/ ;v/:V
(5) Peoples proposes to donate its cash, to the extent not needed
to satisfy its existing liabilities, to California Public, West Coast or
Texas
Public, as may be determined by the board of directors of
(6)
f'" '•'v
First 'quarter1L-
such payments to be made in cash or
date,
same
comparable*figures
Sept. 30J1__A
"end. Sept. 30—I'll—
mosi
Second
Aug. 31, 1943,. and other
Public amounting to approxi¬
Texas
to
1943
end.
'
at
$57,526
.
Dec.
and 1941, while on
/..v.'
.
for
quarter
Mos,
12
assets.
25
1,
cancel
and
to pay to Texas Public the
amount
mately $362 at the
current
last..
and Dec. 1, 37'/a cents,—V.
12% cents extra;
forgive
has
158, p.
quarter
quarter*
Third
'
•
.
holders of record
1942,
paid,—V.
share
per
Second
Was
quarterly dividend of 37%
stow, par $2.50,
Similar
distributions
1,
First
Co.—37V2-Cent Dividend—:
common
26.
Nov.
and
1
June
Nov.
on
the
share on
per
to
proposes
in
holders.— V.
Parker Rust-Proof
1942—
Texas
note
1476.
158, p.
stock
capital
cents per1
of 50
(No. 4)
to
23,
follows: April l,
as
interim/report
year,; with
'/
following manner:
Texas Public its investment in
outstanding
$1.75
■.
•
Texas Farm proposes
the
cn
about $2,450,000 for the corresponding. 1942 period.
1943
the
the
was
Co.—Earnings—.
third
the
.
j
all
14
Dec.
on
and Dec. 22,-$1.25.—V.
Poor &
The
of
contribute to
of
of
Payments in 1,942 were
con¬
Farm amounting to $207,081 at Aug. 31, 1943,
first ^mortgage 6% note, due 1961, of Texas Farm,
which note is now pledged by Texas Public under its indenture dated
Jan. 1, 1936, to Provident Trust Co. of Philadelphia';- '• •
•
' -V. ■
"
fornia
-
both
For
last.
amend. its charter to re¬
(no par) into 97,303 shares
.
dividend
a
payable Dec.
disbursed
dividend
year-end
following steps pre¬
value.
par
indebtedness
'Shares
;■
■
consisting
Texus
to
(c)
7,416,269
9,628,890
5,G56,110
7,385,000
to
declared
22
stock,
was
30, 1940 an initial of 25 cents
A
represented by the
income™— $12,993,402 $10,600,870 $16,611,819
Balance,
tProv.
assets,
common
amount
common stock, par $25;
payable Dec! TO to holders of record Nov. 23.;
Distributions of 75 cents each were made on April 1, July 1 and Oct. 1,.
its
of
proposes
to be accomplished- in
Farm,
owed
values—
its
of
stockholders
its
of capital stock
Peoples proposes to
shares)
possible decline in
inventory
Co,
1
..
the
Pittsburgh Plate Glass Co.—Year-End Dividend—
.
Texas
British
the
from
like
A
Dec.
-.v..:>■"■'■
Public Service Co. proposes to amend its charter to
reclassify its 22,280 shares of capital stock (par $25) into 97,303
shares
(par $6).
'
\. * '
V.
"
(3) Texas Public
proposes to
amend its charter to reclassify Its
12,500 shares of capital stock 1 no par) into 291,90.9 shares (par $8).
(4) Texas Public proposes to acquire all the properties and assets
of Texas
Public Service
Farm
Co. through
distribution in complete
liquidation, in consideration of the surrender for cancellation -to Texas
Farm of all the outstanding stock of Texas Farm,
which acquisition
is
ferred to the U. S.A.
to
stock
common
common
stocks.
The amended plan proposes the
liminary to the proposed dissolution of Peoples:
profits not trans¬
For
on.
2.
remaining subsidiaries, on
to the preferred stock and 5%: to the class A and B
of
basis of 95 %
the
distribution
of
sisting principally
.
from
share
Light & Power Co. has amended its Section 11 (e) plan as
filed (which set forth alternative programs) by adopting a
definitive
(par $6.50).
(2) California
1943—Yeair—1942
1943—9 Mos.—1942
period End. Sept. 30—
The directors on Nov.
cents each;
originally
Peoples
to
Provision for Federal income and
Pittsburgh Coke & Iron Co.-^50-Cent Dividend—
:
notes.
classify its
Parke, Davis & Co. (& Subs.)— Earnings-
pro-rata
*
program,
**
with $242,000 for the corresponding period of 1942, adjusted.
the reported year-end basis, approximating 27 cents perexcess profits taxes have been
determined at the rates now prevailing under the Revenue' Act of 1942,<
and due effect has been given to the 107t> post-war credit on the ex¬
cess profits
tax.—V. 158, p. 1770.
•
;
;
compares
Power Co.- -Amends Reorganization
Peoples Light &
Plan—
Monday, November 29, 1943
Volume
of
order
Number 4233
158
Aug.
17,
1943,
THE COMMERCIAL & FINANCIAL CHRONICLE
Section
to
pursuant
11(b) (1)., of
Utility Holding Company Act of 1935, which order is
ah
of
appear to
ceased
be
to
the
either
After
courts.
such
sale
the
the Public
the subject
now
will
company
subsidiary or an affiliate of Power, & Light or
parent,^. Cities Service Co., both registered holding companies under
its
said Act.
a
■;
'
Co., a subsidiary, which in turn purchases substantially all of its
requirements from Colorado Interstate Gas Co.
have
Underwriters—The
number
or
of
snares
of
names
tne
the
stock.which
common
agreed to purchase, are as follows:
each
;
gas
Pullman
and
has
Capitalization and Funded
Total
its
Debt—The
subsidiaries as of Aug. 31, 1943, and as adjusted
(a) the surrender by Power & Light; to the company as a
contribution of 95,135 shares of common stock
($100 par),
capital
(b)
the change of the company's
stock (134,765 shares then
common
outstanding) into shares of $20 par value each (673,825 shares thereby
becoming outstanding) and (c) the surrender by Power Ac Light ion
the basis of par for par)
of 40,235 shares of*first preferred stock
($100 par)
in exchange for
bras follows;
'
201,175 shares of common stock
1st mtge. bonds, 3M> %;
series due 1964..™..
sinking
bcntures
fund
due
Outstanding
*
:
$40,000,000
9,700,000
9,700,000
de-
1949—
$12,500,000
cumulative
$100
i
™k_V
cumulative
5%
Common
k
'
.
[
.
(old)——
250,000 shs.
t y
(new.i.™
par
"Authorized
restrictions
the
j
250,000 shs.
-J
58,727 shs.
39,957 shs.
3,750 shs.
amount
of
the
is
limited
not
but further
(There
mortgage.
authorized 5cumulative preferred
company.'
None
of this
be
eliminated
thereof; will
stock
common
series
offered.
now
is
from
(The
from
is subject
this
charter
875,000
of
for
reserve
a
$12,000,000
plant
derived
account
\"■>
12 Mos. End.
Pacific
Whiteside
••;
it-Aug. 31,
: A
.
&
adjustments
$9,513,500
in
from
the
capital
lrom
for
resale.
4,095;945
i
5,734,266
repairs-
845.950
Other .operations
Maintenance
oth.
Net
than
Gross
2 ,952,865
5,626,131
5,115,491
4 ,923,731
618,287
642,251
A
744,238
1,703,727
1,760,779
1,925,408
1 ,873,463
1,432,000
1,431,695
1 ,432,000
__™™_
1,804,000
$7,960,536
1,825,333
■«'-V
'r;rV
435,745
$7,253,980
•
$6,908,470
1,857,333
1,889,333
: >- v
'V:v ■;
;
'
and
Other
•
inter.
y;
.
taxes.....
205,933
92,869
25,196
44,463
$5,850,545
$5,159,577
96,878
114,050
•*
$2,977,242
y
$2,929,038
-
762,797
123(453
90,136
$3,008,128
$3,903,726
the income tax returns filed by the company for 1940 de¬
ductions were made for premiums paid arid discount and'expense on
,
Note—In
bonds
in
that
redeemed'incident
were
December
This
1939.
approximately $275,000
The
provisions
for
resulted
in
1940..
income
the
to
in
refinancing
reductions
in
consummated
income
-''yy-':*L
and
-'y
&
H.
Rollins
Co.™™™
25,000
L.'
F.
Rothschild
Dominick™*.
5,000
Eastman, Dillon & Co.k™
15,000
Dominick
&
Earl M.
Chas.
2,000
Sidlo,
2,000
Co.
Hardgrove.._—__.
First
Cleveland
Sons
Scanlan
Shields
&
As
Schwabacher
5,000
Chapman <fe Co._
taxes
of
Stated
;?
W.
As
As
Co...
though there had been outstanding 875,000 shares of com¬
($20 par), the consolidated earnings per share of - such
common stock
(computed by deducting from net income $398,223 of
preferred dividends in each period and the applicable increase in income
taxes resulting therefrom of $43,005 in 1942. and a. similar- amount
the
for
as
12
months
eliminate
the
ended
savings
Aug.- 31,
1943,
and
income
taxes
in
in
adjusting net
income
1940-resulting
from
refinancing and to adjust the provision for replacements) were:
.V
k '.'/k1943 :y A
1942 ;%kk'k 1941
$2.68
$2.63
82,79
Dividends—The
dends
company or its principal predecessor
common
stock in each year since '1907.
its
on
paid
has
divi¬
Company
has,
subject to the 875,000 shares of common stock now offered becoming
oustanding, declared a quarterly dividend of 4I'm cents per share (or
at annual
rate of $1.65 per share)
on
the common stock, payable
Feb. 1, 1944, to holders of record Jan. 15, 1944.
■(■ ,.y;'.'yy
■
Business—•Company's operations
and
rado
the
its principal
center of
are
wholly-within the State of Colo¬
distribution of
electricity
and
gas
is
City of Denver and the immediate vicinity.
Company
estimates
that
the
total
population
of .the
territory
served by the company with electricity or gas or both, including rural
territory in which the company renders service, is about 684,000 which
includes approximately 439,000 in the Denver
area. ( Approximately
74V.-of the total gas and electric revenues of the company iZ derived
from customers in Denver and its enviroris.'.'k; k';
' y
now
,
distribution
At
systems.
y
%%';/■%• .'r.;•',-y\r"
Aug. 31, 1943, the company served 148,012 electric consumers, of
123,731 were residential or domestic consumers.
For the
12
Whom
approximately 31 % of electric - operating
derived from-residential or domestic
consumers,
approximatexv" 57% from commercial and industrial con¬
sumers, and, approximately 12%, from sales to municipalities, to other
companies and - from other sources.
For >the same period the two
largest industrial customers accounted for only approximately 4.15V
and 2.89%,
respectively, of the electric operating revenue for such
months
ended
of
revenue,
Aug.
the
31,
1943,
company
was
k-k'" .'
~
'■
:.y.
'v-;
operations of the'company comprise generally (1) the dis¬
tribution; of natural gas to approximately 85,975 customers in Denver,
and its*.environs and to approximately 7,485 customers in other cities
period.
The
and
and
Gas
"•
gas
the. north of Denver., and '(2); the manufacture
sale of coal gas to approximately 922 customers in Grand Junction.
service is furnished at retail by the company in 26 communities
lying, to
towns,
Co.
by
altitude
the
(12,251)-,
The natural gas
has an average healting- value at the Denver
mile above sea level) of.- approximately 825 Btu
sea level pressure, approximately ;1,000 Btu
per
company
(about
,one
cubic feet (at
foot). •' ■■■'•
- -Aug. 31, 1943, the company served 94,382 gas customers, of whom
86,850 were residential (including house heating). customers.
For the.
per
cubic
...
At
ended
months
1943 approximately 74.5% of gas operating
derived from residential customers, approx¬
imately 22.8% from commercial and industrial customers, and approxi¬
12
•
revenue
mately
2.7%
from
other
sources,
public-authorities. •
Substantially -all' the natural
<
Denver and
is
sold
which
to
the
its
the
suburbs
company
company
gas
comes'from
including
revenue
*•
which
the
company
from
'
v
*
in
the Texas Panhandle Fields, and
at Denver by Colorado -Interstate Gas Co., in
a 15% common stock interest.
The gas so
.
owns
purchased constituted approximately 89%.of the.company's natural.gas.
requirements for the 12 months ended Aug. 31," 1943,
The balance of
the company's natural gas requirements, for distribution in other com¬
munities,
is
purchased
by
the company
from
Colorado-Wyoming
Gas
nine
income
/ 24,828
;
".
•
share has been, declared
Dec.
income
21,
of
3,000
22,500
and,
income
this
last
1.
the
on
common
Distributions
and
year,
Dec.
on
of
50
1941,
1,
as
first
rising
Co..™_
3,000
Goldman, Sachs & Co
Graham, Parsons & Co.™
22,500
Starkweather As Co.__.__.
Stein Bros. As Boyce......
2,000
3,000
the
Granbcry, Mar ache & Lord
Wesley Hall &; Co.™
3,000
Stern
Brothers
2,000
1,000
As
Hallgarten & Co.™™—
Harriman, Ripley. & Co.,
5,000
of
quarter
stock,
$7,434,252
of
1943
after
($2.25
amounted
all
charges
share)
per
to
and
the
for
.($10.33
nine
share)
per
months
this
took 78%
for
Federal
the
rates
taxes
on
of
of
expenses
at
year,
required
by
taxable earnings for that period
operation, forced net income below the
not expected
Stone
third
capital
the
to
year,
$34,113,442
the
with
for
share
per
net
months
for
William R.
5,000
Staats
As
22,500
Co...
Webster
Blodget, Inc.
Stroud As Co.,
Sullivan
A:
level
2,000
Hawley, Shcpard &s Co._*
Hayden, Miller & Co.__,Hayden, Stone &; Co.™___,'
2,000
2,000
Spencer Trask As Co
3,000
Tucker, Anthony As Co...
Noycs & Co.„..;_
7,000
Union
22,500
Hilliard & Son™
2,00C
II.
C.
15,000
G.
H.
J.
J.
B.
Hornblowcr
W.
E.
& Weeks
Hutton
&
Co
As Ty-
Securities
Wainwright As Co..^
Walker
As
Co
7,000
Watling, Lerchen A: Co...
Chicago
2,000
Wertheim
2,000
White, Weld As Co.
7,000
Whiting,
Kidder, Peabody & Co..™
Kirkpatrick-Pettis Co.
Laird, Bissell & Meeds„._
22, '500
Kalman
W.
C.
&
Langley Ac
Lazard
Lee
Freres
15,000
__„_™„_™.__.™
Dean
Witter
E.
Co
As
Wood
As
Cash
10,000
In
its
available
Yarna.ll As Co.__.__k.___.
2,000
875,000
U.
S.
with
trustee
for,
proceeds
property
hand
Unbilled
accounts
revenue
Other
accounts
with
subsidiary
account
with
affiliated
Materials
held
(incl.
for
Other
assets
3,093
supplies.1...™
Development
expense,
Discount
Other
and
and
expense
720,938
...
on
cumulative
cumulative first preferred stock..
first
preferred stock
cumulative. first preferred stock
Common
Funded
stock
debt
„™_™.
,
.
its
32,250
...
.
__™
.
Accounts
payable
_™_™.____
Wages and salaries payable
.
Current accounts with mutual service
Accrued
interest
on
funded
Accrued
interest
on
other
Consumers'
Accrued
Other
(other
accrued
Provision
Olher
450,530
106,385
—
deposits
taxes
Dividends
4,471
charges.™.'.—^
payable
on
Federal
for
Federal
preferred
income
income
taxes).
;
1
...
Plant-
stocks.™...
Injuries
.
.k_j.ii™__'.k.^._™™-..™_^.™_.
Miscellaneous
.
$748,420
Federal
income
*
tax).,
11,245,166
4,954,417
4,954,393
1,282,456
period
853,404
2,479,835
$2.25
6,290,773
$0.89
contractual
share
$1.26
of
The
1942 for
all
$8,560,060
$8,20.9,500
4,388,512
4,261,258
77,987
91,165
1,066,141
1,097,273
$256,107
$224,291
$3,105,407
$2,850,969
income—Dr„
Non-oper.
191
446
income
Fed.-
tax
income
mal
Fed.
&
$255,916'
™™!—.-riki..
4,822
for
$223,845
$3,100,585
$2,830,473
1,266,023
817,037
46,100
349,3.91
D74.530
post-war
"Cash
32,900
profits tax^..
.
.
——
readaptation
of
manufacturing
Pfd.
—V.
income
....
dividend
158,
p.
1
U.
S.
for
U.
Govt,
S.
Treasury
accrued
Accounts
tax
1942,
Balance,
require..
1674.
,
$55,816
$110,989
.
$55,816
$1,354,171
.
plants
$82,417;
1942
tax
Pullman
:'
and
the
nine
periods
months,
Sept. DO
taxes
trust
notes earmarked
income.
on
receivable
and
other
reserve
,.„™_™™_
deferred
1942
$1,438,906
$669,797
74,840,956
51,215,959
36,805,000!
13,058,200
708,163
50,053,492 ;
711,653
28,129,204
payment
—
5,399,168
7,092,582
__™-_.._.._™._
27,958,274
28,353,840
9,079,760
4,514,884
9,940,(^63
12,575,823
—™„„__._™_,
cost—
at
„™™™_
securities, at cost less
notes
accounts
securities
saving
Federal
and
Inventories
Munition Contracts (see contra)—
Cash
deposit.
on
Unreimbursed
in
™.™
...
cost
of
work
in
process
and
in¬
unpaid vouchers of $2,216,977
1943
at cost
Companies—
less reserve
—,
™—
Equipment
Funded
at cost less reserve™—......
property,
and
less depreciation
.
484,301
484,301
f_.™._
Domestic,
! >36,003
481,657
844,530
101,597,070 116,522,013
(invested, in U. S. Govt, securs.):
reserve
uninsured
For
deferred
Deferred
131,000
"
$113,098
.
the
These amounts for
fire
and
casualty liability
maintenance
of
Fulman
372,503
cars—
375,138
5,300,000
2,067,000
'1,440,404
charges
Other
Net
on
1943
and
*or
(nor¬
surtax!
excess
and
.
1942
20,496
66,756
109,918
,(:
adjustment for effect of price renegotiation
provided.
'.
Other investments
Deductions
sleeping
originally
ventories—less
•
income....
oper.
Co!
specified periods in 1942 and
Investment in Affiliated
Net
$3.40
.
Pullman
r/'''
of
Consolidated
.
1943—12 Mos.—1942
$728,199
412,743
414,326
:
7,434,252
3,302,921
Assets-
:.y" 26,250
Hampshire—Earnings—
1943—Month—1942
.
4,156,325
1,651,472
Revenue Act
on
Equipment
expenses....
(other than
895,952
53,848
1771."
revenues.-..
taxes
895,952
2,976,582
first quarter, 1943,
$1,102,475;
1943, $2,976,582; 1942, $895,952.
car
Total
2,976,582
82,417
follow:
785,754
.$105,4?6,883
Operating
Operating
82,417
1,102,475
2,933,929
Other marketable
.
-.
16,700,956
turing plants and Pullman equipment.
14,396
Public Service Co. of New
27,946,122
1.102.475
12,000,000
™.__™.....i™_a_;„™._.
Period End. Oct. 31—
41,547,694
34,113,442
share™..
with
jlFor
1,535,198
158, p.
8,266,972
4,110,647
11,866,509
™2_.™^____i____.^k--™U__..__.
-V.
15,455,982
12,522,053
on
Note—The claim for post-war 10% refund on excess profits tax has
been appropriated to reserve for post-war re-adaptation of manufac¬
2,599,289
(Earned-isurplus-)'™.k™k_™k™_i(i!_™.^.™ii.™k;4Total
Fed.
equipment;
1,165,813
.
extensions, not refundable—
damages:
:.™_™k™_™™™_J__™_
adjustment
3,218,309
periods have been adjusted where necessary to
reflect the tentative renegotiation in July,
1943, of prices on 1942
armament shipments.
174,321
for
and
340,389,471 212,720,898
22,741,288
8,528,683
53,403,864 266,439,046 166,631,217
3,268,623
9,661,442
9,614,874
98,873,615
reserves...
for
{Figures
76,088
...
taxes
adjustment :,™_.™_..'.™_™-™™-™t__;:-
Contributions
Rate
1943
accruals
;'r"..
Replacements
1943- -9 Mos.—11942.
3,796,635
paid...
per
(Based
39,196
liabilities; ___l™.c,_._i™.™.„™™_.._™_.
Reserves—
to
Income Account
parlor car revenues;
525,314
than
amounted
149,927
companies.
date
might
68,736,096
(Cri
"Railroads'
49,700,000
443,695
during
the
8,559,650
income™.
Earn,
17,500,000
:
accrued
rev¬
__™™™
tax
Net
.3,231,300
™_
c
debt™...
debt™
that
on
1943—-3 Mos.—41942
1™
(before
fAppropri. to
108,538
239,400
:
™—
securities
210,430
$2,749,200
.j:
was
Condition
all
w.™™™™',
Surplus
6%
maintenance of Pullman
$2,531,111
$105,436,883
...
appropriated
Claim for post-war 10%
refund on excess prof¬
Liabilities—
5%
inc.
Dividends
Total
7%
from
deprec
income
3,148,341
being amortized—..;
preferred stock....™.—..™....
charges and misc. unadjusted debits......
expense
deferred
'
expenses..
taxes ♦
69,155
...
been
working capital for prompt reconversion of
railway equipment when materials become
that
-
fProv. for Fed. taxes
-52,148
discount
of
prevent
contract
for
Net
117,469
:
debt
deferred
which
25,684
taxes and other prepaid expenses
Unamortized
of
Financial
own
payments to RR's
enue
12
and
for
reserve
126.107,557
sources
"Prov. for
Prov.
consol
L__.
materials)
has
purpose,
will
income
Total
company
resale.—
construction
Prepaid insurance,
not
free its
that
,V:
119,103
receivable.™.
co.,
1943,
of
manufacturing plants and
reserves
to
$6,745,819 on Sept.
those
Government
Period End. Sept. 30-
392,153
interest
and
account
Current
S.
to
for
and
Gross
1,200,333
I
receivable.
profits tax, amounting
excess
of
.
589,000
reserves)
—
accounts
Merchandise
4,411,347
...
(less
of
of
...
receivable
Merchandise,
notes,
sale
refund
re-adaptation
Consolidatcd
64,400
deposit
Government .securities.
Consumers'
from
;
demand
and
for
working
arise in the handling of war con¬
"freezing" of the manufacturing com¬
pany's own working funds in any such contracts that are terminated
by the War Department prior to completion.
'
'
2,022,594
deposit
on
on
account
1943.
plants to production
tracts,
plant and equipment, including intangibles..... $92,009,486
Valley Hydro Leasehold, in process of amortization
140,408
mortgaged
the
capital- requirements
account
Assets—
Funds
large .carry*
income
the corporation's manufacturing subsidiary,
with the cooperation of the War Department, and the Federal
Reserve
Bank, has arranged with a group of its regular banking connections a
$60,000,000 regulation VT credit effective Oct. 1, 1943, for a threeyear period.
This line of credit will be available to meet
22,500
Property,
Cash
10%
$5,275,021,
months of
U.
order
1,000
l.ono
effect to establishing a reserve for plant
adjustments and related transactions)
1943
.
^Consolidated Balance Sheet, Aug. 31, 1943
..
date,
to
nine
and
Co....
7,000
the
in
$74,840,956, excluding $36,805,000 of U. S. Treasury tax savings notes
and $5,672,503 of Government securities held in
.funded reserves,)
10,000
7,000
Brothers
{Allen* giving
first
Woodard-Elwood As Co..™
.Laurence M. Marks & Co.
corporation's
a
an
10,OOQ
Co
the
Working capital continues to Increase and on Sept. 30, 1943, reached
all-time high of $100,746,297, or $30.50
per share of capital stock.
5,000
....
of
included
..
same
2,000
.....
amount
profits tax
made
bringing
■
Weeks As Stubbs
Wisconsin
Harold
7,000
Co...
.
the
amounted
22,500
Higginson Corp.V—
Lehman
The
1,000
Co.
Co...
&
Inc.
1,000
As
the
post-war
10,000
Co., Inc.™—
The Illinois Co. of
effective
been
post-war
equipment,
1943.
On
cars
1,000
the
excess
for the first nine months
for
reserves
30,
5,000
Corp
for
$2,976,582
Pullman
1,000
90%
renegotiation of prices on armament shipments,
it is
that such renegotiation will materially affect the
reported
income after taxes.
'. k. •
%
to
15,000
Hemphill,
Townsend, Dabney
when
the
previous years.
provision has
no
The claim
to
3,000
:
ago
year
from
possible
net
2,000
Co.„___
a
credit from
While
22,500
10,000
of
exemption
over
and
....
Inc
Harris, Hall & Co., Inc.™
Gross
•-*
distributes
$6,173,420
7,834,388
1,384
;■
per
on
the Revenue Act of 1942,
Simons, Roberts As
;_.V.'V_™.™._....
to
sales
net
$0.89
or
extending
Provision
3,000
Aug. 31,
of the company was
first
15,000
including Denver,. Boulder and Fort Collins
sferved
taxes,
2,000
As
Co...™-
.
Company supplies electric service at retail in 138 communities, in¬
cluding
Denver
(322,412),
Boulder
(12,958)
and
Grand
Junction
(12,479r,
Electricity is. also sold at wholesale to other companies for
distribution in 109 communities,
the largest being Greeley (15,995)
and
Eng'ewood
< ',680),
as
well as to four small municipally owned
7,941,852
2,777
.
'• '
cents
made
were
$2,933,929,
5,000
Singer, Deane As Scribner
Smith, Barney As Co._____
2,000
Current
1940
$3.65
■
Earnings per com. share
to
the
$4,527,834
894,241
;
Pullman Inc.—Third Quarter Statement-
3,000'
Co
Scran ton
As
each
l.COO
stock
mon
$1,006,106
;
Co.—75-Cent Common. Dividend—
consolidated
15,000
As Co.™.
'
v,...
$773,657
17,147,512
10,974,091
against 25 cents on Dec. 20, 1940, —V, 158, p. 680.
2,000
Inc.
Investments
'■
19,393,223
cents
15,000
Grand
y
Oil
Corp.
profits taxes for the above
periods are based on separate returns although, for part of the periods,
the companies joined
in consolidated returns filed by Cities Service
Co. and Power Ac Light, parent companies.
On a consolidated return
basis, such provisions for income and excess profits taxes would be
reduced by $403,403 in 1941, $799,100 in 1942 and $1,139,479 lor the
•
$945,872
23,921,058
2,221,139,
■.
dividend of 75
Michigan Corp.—
Glore, Forgan & Co
First of
excess
Aug. 31, 1943.
$95,607
3,227,245
2,000
.._.™k.-™™..--.-.
7,000
Co.-
158, p. 1674.
A
Robinson-Humphrey
Co.
Equitable Securities Corp.
&
$85,511
5,000
The
&
$2,765,213
1,991,556
1,780,869
~.%.™.
stock, payable Dec. 20 to holders of record Dec.
As': Co
E.
Read
2,283,592
2,312,091
revenue.—.
accrued
Pure
5,000
Co.,
Gardner.
1,000
Dillon,
$3,229,465
235,136
2,000
1,000
12 months ended
,
As
Inc.,
Riter
'
coast-™;^
—V.
3,000
Pierce
Reinholdt
Skaggs & Co,.._™_
Davis,
<'
Co.™
Kebbon, McCormick & Co.
$4,756,659
1,231,405
1,235,888 ■>.
1,576,052 y - 792,108
y:
2,085,696
income
218,015
78,725
1,220,057
tax
211,874
.
$6,379,873
profits taxes
income
Net
■
income taxes
excess
State
deduct..
Ac
before
Net
Federal
Fed.
201,972
expense
As
2,000
$6,472,725
252,889.1k 263,936
$8,478,714
debt
discount
debt
$7,707,647;: $6,990,044
297,364
_—
funded
on
of
$8,181,350
revenue
income
Interest
3,301,706
1,432,000
income
Amort,
3,799,753
Winslow,
sen, Inc. ;™_k_.™.™_._
1,000
Co
$330,744
277,354
"Includes payroll taxes of $323,610 for the month of Sept.,
1943, and
$2,640,869 for the 9 months ended Sept, 30, 1943; also U. S. Govern¬
ment income and* excess profits taxes of
$1,187,377 for the month of
Sept., 1943, and $14,789,515 for the 9 months ended Sept, 30, 1943.
1,000
Dewar, Robertson & Pan-
The
1940
income
oper.
Other
k
& Co._a—'
&:
As
$362,865
5,000
2,000
Dain
Ferris
replacements.
for
Prov.
Ac
M.
Inc.™a—,
Co
Far well.
rv.: -,
:
1941 i
:•
West
Estabrook
& electricity
purchased
Taxes*
1942
2,000:
Torrey—-■_™,-'
&
2,000
Arthur Perry As Co., Inc..
Peters, Writer As Christen-
1,000
Colin
Calif..™J.
Inc. ■........—ik—.i.™
W." ClaVklfe"coT~™™I:
E.
2,000
15,000-
Perrin,
Courts
stock
Years Ended Dec; 31
'43
10,000
Co.,
Putnam
$21,933,238 $21,070,548 $19,382,631 $18 .297,035
revenues.,.
oper.
Cost of gas
&
of
Co..,
Curtis
3,000
Republic Co., Inc.
Chace,
Co.
3,244,136
$3,131,637 $22,975,185 $16,373,854
Operating income—™
$531,221
Depreciation J™™—'.
881,383
Depreciation adjust,Cr'2,331
1,000
Paine, Webber, Jackson As
As
net
"Taxes
2,000
Co.™.
1,000
Abbe
Rauscher,
common
&
5,000
Newton,
1,000
•
Gross
Cook
Total
1,000
W^ H. Newbold's Son As
7,000
Summary of Consolidated Earnings
.'
15,000
Newhard,
25,871,045
4,154,896
Operations:
expenses
Net revenue ™™~™L,.
25,000
7,000
(Surplus being created by, the capital contribution and $2,486,500
restricted earned surplus,
v
1,000
Co.™.
of
shares
follows:
as
Stanley As
Clark, Dodge & Co._™™_:
of the capital contribution above mentioned is to enable
to reduce the amount of its outstanding common stock
establish
Morgan
$2,226,580
33,110,557
1,000
,
S. Moseley As Co
M'aynard H. Murch As Co.
22,500
Slocumb & Co.!i™
H. M. Byllesby & Co., Inc.
J.
to
F.
10,000
Auxiliary
3,345,453
383,888
504,020
revenue
Total
3,000
Cabot—™™.
271,996
4.055,275
oper
Total revenues
2,000
Alex. Brown & Sons.™—.™
Cruttenden
amount
3,000
3,000
As
Coffin & Burr,
of the
being registered and offered are presently unauthorized and
1,250,000 shares of such stock are being authorized, of which
875,000 shares will become outstanding.
and
Moors
Net
22,500
Co....
Brush!
to
to
As
1,000
($20 par)
the company
2,000
22,500
Co.___(
1943—9 MoS.—1942
$9,659,865 $86,393,869 $69,042,095
2,528,879
22,979,447
20,953,727
270,006
3,173,782
2,599,331
2,944,165
cars..^
car
General expenses
2,000
,
Deane.
&
Turben
The Milwaukee
Ac
Conducting
1,000
-.L——k—»'^
unissued.
The purpose
Merrill,
the authorization
delivery of the
and
prior
Parker
Auchincloss,
(_
Co
Corp.
Pierce,
Lynch,
Fenner
7,000
1,000
'
&
Securities
Merrill
42,600
™™_™
Central
tabulation
stock, series of 1938,
outstanding
the
None'
$875,000 shs,
issuance
omitted
is
Almstedt Brothers
32,313 shs.
2,394 shs.
None
McDonald-Coolidge As Co..
Masten
Mellon
ridge Ac Co.—_—™.™
C. Allyri ■<& Co., Inc,^-,'
h..
Co.
229,900 shs.
■>
42!600
Bosworth, Chanute, Lough-
27,492 shs.
.
stock—
par
$20
f
A.
of
All other maintenance-
Shares
E.
47,300
$10,002,037
revenues...
Maintenance
Shares
Shares
The First Boston Corp.™.
Boettchef and Co;
™™'
Redpath _™™_™™™™
Bacon, Whipple & Co.-™
Baker, Watts & Co..™—
A. G. Becker & Co., Inc.™
Biddle, Whelen Ac Co..™.
Blyth Ac Co., Inc
George D. B. Bonbright &
Adjusted
-
$40,000,000
11st pref. stock ($100 par);
7% cumulative—)
6%
;■
■.
,
,.
.
($20 par)
'•J
'k
Authorized
4%
Shares
capitalization of the company
consolidated
reflect
1943—-Month—1942
Sleeping Car Oper.:
•
■
and
to
Expenses of Car and Auxiliary Operations
Period Ended Sept. 30-
severally
,
and
the
''
1
Co.—Earnings—•
Revenues
underwriters
principal
2195
assets
™_v~™™~,
Claim
for post-war
refund on excess profits tax
™
-
640,587
307,275
282.655
4,245,819
895,952
$669,797
Total
329,014,451 268,300,331
THE COMMERCIAL & FINANCIAL CHRONICLE
2196
:
Liabilities-
Account's
payable
Accrued
taxes,
Federal taxes
Prov.
and
not
renegotiation
shipments
Advances
44,603,434
*22.334,963
8,817,000
19,020,364
6,199,419
17,090,708
2,695,531
396,647
401,030
For
uninsured
For
experimental
benefit
deferred
fire
plans
casualty liability—
and installations—
and
cars
of
maintenance
Pullman
508,256
cars——
manufacturing contingencies—
For
post-war
re-adaptation of manufacturing
plants and Pullman equipment—
General reserve
----A-——'
Other reserves;
AA_—.J
134,777
6,697,517
7,512,700
stock, Pullman, InC:A____—j~«A%-*--~
'Pullman Co.
(sub.),-——___-_.;-%A—-m---'
132,115,880
—i-,—-■-
50,987,102
JSurplux
5,926
54,959,795
258,100
131,150
Long-term debt due within yearOther liabilities< and reserves
501,000
612,000
Capital stock (par $2)
/Capital 'surplus ';__A,—_-.-,AwA«.»
1,450,964
1,451,010
2,295,631
2,295,722
3,028,436
2,517,171
"
'.-A.-.-Ia^AA—AAAaA
-
The
total
than
value.
the market
■
»
•
,
"
.
,
„.
,,
.
,
Charentaises)
Industrielles
(Enterprises
subsidiary-
tforeign
which in the aggregate is less
securities carried at cost
Govt,
S.
Net
(& Subs.)—Earnings-
de-
v
account of war conditions in France; invest*
Sept. 30, 1942, balance sheet at canying.
value and written off at close of 1942.
consolidated
1939
in
in
armament
.'-Hits New
High—
than
tons,
1,375
air
the
division of Railway Express
high figure was 2,750,494 pounds,
year ago.
Shipments amounted
8,8%, while gross, revenue increased 12.5%,
Rate
12Va.% became effective July 15/
:
More than '45 tons of air express cargo a day were handled over
the
45,000-mile
domestic
airline network during the month,
the
report indicated. The average shipment is flown over 1,000 miles, and
most air express consists of shipments of vital war material.
The
average weight per shipment in July was 21.4 pounds compared with
17 pounds in July, 1942.A
A;,'''•
fA A.;
To
accommodate
the
increasing volume of wartime cargo, four
all-cargo flights are operated,
three of them coast to coast, the
fourtn between New Yorx and Miami.
Air express also is handled on
the regularly-schedu'ed oassenger flights of the nation's commercial
128,245,
up
reductions up
to
,
158,
v-v-'
Net
$2.78
$2.16
Earns,
Period End. Sept. 30—
sales
Federal
for
prov.
676
.
sh.
per
IA- 249,119
§386,700
"7,638
*972,657
i'AvAAAAA:-
—
$2.82
"C—_•
.
'
..
interest,
and Director—
-A A"
'■'
•
Snodgrass.as Treasurer. :A: A A:.v:
Davitt S. Bell of' Pittsburgh has been
of
board of
the
the
The
directors
the
on
A
director..
a
—V. 158, p. 1942.
production
amount
cents
20
23,
1939,
share
per
bank,
of
Dec. 23,
6%
$77,719;
total,
payroll
record
Dec.
Earnings
for
usual
8.—V.
semi-annual
stock,
Net
158,
776.
p.
A
.
Quarter
Ended
Sept.
:
per
$3
of
Dist.,
war'
l
/:
to
of
figures
provide
Oct.
——
share
—
&
admin.
Gross
the
1943,
company's
oil
orders
Other
36,000
amounted
for Fed.
Prov.
for
Net
exps./
profits- taxes
excess
freight
share
Bay
$0.07
fOn 1,220,467
'
1942,"'
*/
$261,674
was
cents
•
21
outstanding
per
.'
.
provided lor,
/
.
or
;
:
'
;
since
there
is
no
\
Co.—Larger Payment—
Income
:
per
Aug.
on
15, last/
The previous payment
.
1940.—V.
15,
Consolidated
Sept. 30—
earnings
Co., Inc.
1
4
-
Earnings-^
1943
—1;
and
was
157,.p. 2052.
Water
V
■
1942
$502,141
taxes
$505,158
340,918
332,112
$161,223
_____
deductions
loss
$173,047
197,845
199,231
$36,622
.
_________
Assets—Utility
$6,909,432;
charges,
$26,185
of
i
1477.
to
Sheet,
As
of
Sept,
1943
80,
plant
(including' intangibles aggregating $057,056),
deposits, $6,165; current assets, $197,080; deferred
total, $7,197,525. /'.
special
$84,848;
Liabilities—6%
demand
<7,500
cumulative
shares,
note
preferred
$100),
par
payable to
parent company
(New York
stock,
$1,044,400;
common
debt, $3,096,000;
$750,000;; long-term
Federal
Water
and
Gas
Corp., $396,352;
due
Water Service Corp.),
$508,767; current
$41,472; depreciation reserve,
$822,764; other reserve, $1,643; contributions in aid of construction,
$114,626; capital surplus. $563,599; earned .(deficit), $299,758; total,
$7,197,525.—V. 158, p. 681.
•••
■
f.
liabilities,
$157,659;
deferred
liabilities,
Southern Bell Telephone & Telegraph
Oct. 3,'42
.
excess
$2,630,645
273,644
$2,399,994
taxes____.
Period End. Sept. 30—
Operating
1943—Month—1942
$10,326,027
revenues-_
Uncollectible
oper.
Co.—Earnings1943—9 Mos.—1942
$8,762,188 $90,255,379 $75,380,670
24,126
rev._
32,816
&
stock taxes_
cap.
"Earnings
v
profits tax____.
901,513
*307,743
884,725
777,348
,
$1,190,738
243,532
f
259,080
per
for
„_T_—
__M
77,095
$2,823,837
1,152,431
722,611
184,659
203,035
$1,059,439
$902,762
,,
$1,049,739
share—$1.49
common
Current Assets
and
131,150
85,600
$771,612
$1.69
liabilities II
$9,355,751
of
10%
credit
has
for
Federal
dedhcted
been
$9,841,189
3,030,875
>
10%' post-war
credit
3,388,526
profits
excess
in
calculating
profits tax provision.—V. 158. o. 1284.
$0.90
$1.10
|
income
Net
—V. 158,
Coal
Co.
Trustee Resigns
-
announced
was
Operating
"Total
the
indenture
protective
has
holders
15,
this
50'%
of
the
Protective
—
to
1928,
1,. 1924.
bonds outstanding
new trustee, it was stated.
committee for the holders
elected
of
of
&
the
-V.
$2,393
1,235
earning ,pf
the natural gas division for the -'-fiscal-year ended
1943r,'after royalties, operating expenses, and depletion and
depreciation',' amounted to $642,904 as compared with $608,467 for the
prior year. The unit sales of natural gas were 26,235,084,000 cubic
feet, a daily average of 71,877,000 cubic feet, as compared with the
30,
feet, or a daily average of 67,541,000
The earnings of the oil division for the
fiscal year ended June 30, 1943, after royalties, operating expenses,
non-productive development expenditures, and depletion and deprecia-.
tion, amounted to $573,211 as compared with $472,531 for the prior
24,652,308,000 cubic
the prior year.
1,279
.
J—i
.3
$1,112
Earnings
1941
.1940
$265,104
$203,704
'
28,409
expenses
26,324
27,922
tax-
750
4,726
5,013
income'tax-
8,700
9,726
4,900
paid
•/;
27,829
4,397
-
1,800
at
'
968
1
1
927
928
.
398
$182,179
$198,352
$226,341
$169,280
2,231,087
2,272,195,
2,226,596
2,117.885
'
$2,413,266
-
•
sold—_
!
'
$2,470,547
$2,452,937
96,497
i
101,093
_.
.
,
.
.
,
•
$9,216,344
..
Ltd.—Earnings1943
1942
——$288,562
maintenance,.—•
88,566
'___
&
dividends..1— A
^
.
.
$274,232
75,040
78,671
78.563
;
119,130
—
117,612
$3,012
1539.
p.
directors
the
on
Sept. 30,
15
of
'
Fed.
adjust.—___—
175,480
Nov.
on
common
Payments
stock,
;
10
last.
24
declared
payable
each
cents
dividend of
a
Dec.
13
V.
and
'
■:/,;/''0
;■./
Week End, Nov; 14
1943.
—V.
p.
2087.
175,477
116,984
•
%
•
$6,237;155'.
earnings——
158,
per
record
31,
share
Dec.
June
30
2.
andh
V
■' '
■'
■
Ry.—Weekly Earnings—
V,
Gross
cents
of
1942, the following dividends were paid: March
June 30, Sept. 30 and Dec. 15, 10 cents each.—
902.
p.
March
on
During
cents;
157,
15
holders
to
made
were
'
1942
Jan. 1 to Nov. 14
%
•1943
i
■
;/"■ ,1942:
$6,345;055 '$286,155,595 $235,143,792
,
•
r1
'
r
'
V
V
'■
Southern Union Gas:Co.—Acquisition—
The
company
haS? signed
system
a-contract; for
in' uEhdPasoj Texas,
the
from
.ihi
;
;
purchase
the
Lone
Star
158,
p.
20a7.-( '
; v.
v
•^
•
y
•
of
according to
Ross
Byron,
Vice-President./ ■; The." purchase
$2,700,000, including materials, iand supplies; on hands; and
Southwestern Bell
Cr 1,611
Period Ended Sept. 30—
restating
the
Gas
' ^
gas
Co:,
priced is'.
accounts
i'
Telephone /Co.—Earriings-1943^—Month^-1942
,
"
■
t'j
*•)/'
...
1943—9 Mos.L-1942
the book amts. of bank
stocks
Cr35,987'.
'
—
Cr25,003
Capital surp. Sept.
tLess
$15,300
for management
30
income
$2,201,045
tax
Cr29,180
$2,223,574
applicable
thereto
$2,205,547
and
less
Cr86,444
$2,300,173
$4,900
reserve
participation.
Operating
revenues—-
Uncollectible
Operating
oper.
11,624,834 ' 10,l86;48l
25,701
rev._
Condensed
books
at
Balance
quoted
Sheet,
market
Sept. 30,
prices
1943
(aggregate
$5,217,961*, $5,752,177; shares of capital stock of
seven
Net
cost
per
suburban
Net
—v.
operating
income
158, p.
income
_______
2087.
10,151,032
102,148,207-
."-266,355
,
101,881,852
88,039,325
•
321,239
87,718 086
2,035,012;' 23,2 1 7,242:
56,tiol'991
17,62oi776
1,597,764
1,511,020
14,247,309
13,445,319;
1,285,284
••
_______
Assets.—Securitiesi
35,449
11,599,183
revenues—
Operating expenses
Operating taxes
1,202,151
11,369,687"
10,503 970
.7,473,927
2,527,492.
year.
prior year.
$1.84
$3,357,066 $11,380,000
$3,778,900
$2,287,165
*Cr43,546
175,479
74,339
'
Dividends
feet for
Gross production of oil, exclusive of that produced for partners,
was
1,457,084 barrels, a daily average of 3,992 barrels, as comparedwith
1,282,545 barrels, or a daily average of 3,514 barrels for the'
$1.34
$2,195
158,
receivable.—V.
tax
$0.55
;
./■./
depreciation
distribution
surplus—_____
Increase due to
$296,614
$0.43
5.063,635
•
Southern Phosphate Corp.-15-Cent Dividend—
.
1942
$240,055
cap.
secur.
5,568,836
$552,360 def$515,297
$185,384
Surplus
1
1943
Federal
on
5,023,304
4,773,332
:
and
Southern
$221,006
dividends-
Total
1.256,296»;
1,193,485
560
—
Federal
Loss
1,256,289
—4__■_
-V.
31k
-
$1,462
1,040
_________
income.
5,196,475
$9,281,339 $10,929,085
$2,380
accruals
Shawmut Association
Net
— _
Fed taxes—
earnings.
The
appropriations
divs.
5,687,800
,
1,193,516
■
share-
com.
879,393
•
$3,002,140
Month of October—
13
deductions
on
1,290,887/
$2,635,189
_
158, p. 777.
Gross
5,384
$2,698
—
9 Mos. End. Sept. 30—
Tax
36,670,202
.
$2,698
stock
■//__/
Southern Canada Power Co.,
$7,765
5,760
,
Administration
•
$52,270,163
41.316.706
'
reserve
and
1943—12 Mos.—1942
.
10,979,894
$3,743.9291 $3,733,276 $14,360,332 $15,599,961
:
148,258
v. 182,147
608,807/.'?
525,600
surplus
per
Interest,
1942
$8,458
income
income
11,896.071
dividends—
"Includes
Taxes
1943
•
deductions-————
income
income
Ltu.—Earnings-
$3,926,076% $3,881,533 $14,969,139 $16,125,561
dividends
Balance
/.
,
revenues
Gross
■
1943—3 Mos—1942
y
deductions
income
Earned
aforementioned
(Conn.) Water Co.—Earnings—
revenue
14,353,110
$15,639,999 $14,713,170 $55,677,038
income
other
Preferred
the
terminate the bondholders' protective agreement
C. S. Newhall,. Philadelphia, Pa., is the surviving
126, p. 4099.
Sept. 30—
Sept, 30-
revenue
operating exps.__
Gross
Int.
Under
have
:■'■
of
committee.—V.
12 Months Ended
.19,974,824
$1,270,366 $12,353,102 $11,348,819
950,020
9,344,269;
8,540,645
1,044 012
v;.v.
1539.,
Net operating revenue v
Net non-oper. revenue.-
The
that
1,693,885
$1,374 034
___________
p.
Common
12
Nov.
on
2,214,045
income
Southern California Edison Co'.,
tax.
Federal
'
$660,158
$1.06
$801,339
taxes
operating
Liabilities
Current
$745,758
258,100
Net
192,477
$998,619
shares-——
common
Current
Net
1,262,731
747,949
Operating
$8,729,372 $90,011,847 $75,121,590
5,765,121
57,683,921
49,419,661
$1,242,216
192,119
assets
Dividend
$3,098,103
Operating
revenues.. $10,301,901
Operating expenses _w_:
6,713,822-
$2,904,289
,
98,163
and deprec.—a;
Earnings per- share--—-
of
22
or
not
were
10 cents paid on June
per
Period End.
earnings
Previous
total
Net
in
$23,327,847 $24,347,728
17,290,523
17.036,895
paid
'
"
"
3,708,492
4,680,188
preferred shares.
on
Retirement
$1,367,044
1,379,696
$3,397,547.
and State incctme taxes—
cubic
$91,728
.
of Earnings—
earnings ;
Other
1941
87,669
production--—_
income
The:
and
income
incl.
source
June
Sept: 30;
taxes
cents
expenses
stock
71,162
State inc.
&
Federal
Dividends
Income
$1,412,953
1,586,986
_i). 1,358,141:;
811,787
Interest and amortization———.—181,179
Net
process
$2,328,832
before
Operating
to
$1,500,991
1,808,886
revenues
income,
15
Operating
in
gpd
Arid"
$237,639; accounts receivable,
liabilities (accounts and
,
Operating
V
1942
Expenses
Federal
in
_____
Prov.
Interest
Net
ended
Sept.' 30,M943,
$265,831,
1284■
p.
revenues
4.65
hand
on
current
—_
gen.
income
Earnings
'
/-v^Vv
1943
Other revenues
foi1 deplet.
cents
Operating
$130,635
$0.34
(Del,)—Annual Report— ;.":
Revenues from natural gas sales—
from
unfilled
1538.
Republic Natural Gas Co.
Provision
for
bullion
profit'
member
subject to possible appropriations of net
contingencies
(including renegotiation) under
Years Ended June 30—
Total
supplies,
against
reserve
sold
right to appoint'a
-
v'k:
1,
against
profits
of
Years Ended
»
11.37
4.39
Cash
shows:
20-year sinking fund first mortgage bonds dated Aug.
are
for
approximately $5,300,000.—V. 158, p.
Revenues
deprec.)
$168,093;
as
sold,.
dated Oct.
profits, tax.——-
excess
contracts.
As
and
1943,
7,
and
11.18
.
tax
Oct.
,
goods
goods
on
said
$94,635
—;
Note—Above
income
1940
:
$0.10
'
ended
year
as
Balance
1942
$1,741,152
Oct. 2,'43
sales,
Cost
bonds
taxes
refund of
common
with
6'/4
:
380,400
profit
Earnings
1941;
$121,738
'
$0.06
share has been declared on the common
$1, payable Dec. 15 to holders off record Dec. 1.
This com¬
par
South
'
2052.
p.
Pennsylvania Company for
Insurances on
Lives and
Granting Annuites, Philadelphia, Pa., has
resigned
as
trustee under
the trust indenture securing
the 6 % %
I 'vm
*
post-war
532,378
.
Operating
Net
632,187
.
It
$475,035
Estimated
the
months
dividend
pares
Nil
r;
Agreement Terminated-
1948
30,
■
profit after Federal
1942
,
$1,469,409
Co.—Statement
Paper
Sharon
-
$0.19
.
_/
income
of
stores
Shamokin
payable Dec.
$100,
par
of
dividend
for Federal income and excess profits taxes—a.--
Provision
153,
for
12
stock,
Net
;-'v> •'"
A
1938.
the
—
profit
p.
$67,988
,
.$0.02
Soss Manufacturing
$14,036
leaving net working capital of $1,206,989.—V. 158, p;
Scott
excess
10 cents on Dec.
1940,
Republic Drill & Tool Co.—Earnings—
Net
for
Net
of
and
158,
597,964
2086.
~
$1,469,333;
payable
$262,344,
The
v.
■;
r
.
,
above.—V.
investments,
transit,
f,
,,
share,
Note—Excess
28,192
:."
1943
as
$969,693;
$16,190;
dividend of 30 cents per share
a
preferred
cumul.
the
on
on
assets
"Including
Dec. 23 to holders of record Dec. 10.
23, last year,, which compares with
18 cents on Dec. 23,
declared
also
2;
Nil
■■.
.
tax
(excl.
ton
tPost-war
Dec.
on
1941,
cents
5
holders
to
15
and
directors
The
paid
23,
declared
25
payable
stock,
was
Dec.
on
24~594
$84,148
periods) A-
(10
milled—per
per
Current
is
He
Deposit National Bank in Pittsburgh.
Nov.
on
common
like
A
26,627,
i'l-
Mfg. Co.^To Increase Capitalization—230,000
Shares tti; be Acquired by Bethlehem Steel
Corp.—See under latter company on a preceding page.
Remington Arms Co., Inc.—30-Cent Common Dividend
,V
...
Steel Co.
Current
Edgewi'tei' ' Steel' Co/ and recently was elected to the
Farmers
share,
Common
'.v,
'-'AAWilliam J.
-.'A-v-A
elected
•
President
'
Knabe, Assistant Treasurer, succeeds the late
M.
States
r,
common stock.
liability.—V. 158.
com.
.
accruals.—V.
reserve
$2,582,117
i'
701,729
68;779
•
32,976
Rheem
$0.89
Reliance Life Insurance Co. of Pittsburgh—New Treas¬
Andrew
59,877
51,775
$3,389'
36,533
$0.28
Gulf
Net
urer
of
'
Coalition, Mines Co.—Earnings—
Operating
1,680,322
provision for bad debts and repossession
losses—and provision for Federal normal income and surtax.';- tAfter
all charges,
including excess profits taxes of $1,106,83.9 provided in
last quarter of 1942, no provision having been made for excess profits
taxes for 1943.
gAfter provision of $1,289,393 for all Federal income
and excess profits taxes.—V. 158. p. 1178.
V-)• ;,A;
-A. A A',
%
profit
per
A
776.
p.
■
52,231
•
share___
per
'.(par $5*
Net
Republic Steel Corp.—Bonds Called—
See
Net
2,622,447
167,930
•
•
302,-
shares,.-
fAfter
•Loss,
..-
167,377
■
67,693
$103,096
.
158,
•—
■
415,198
on
common
7,969
,
the Earnings of Frank Corp.)
1943—3 Mos.—1942
1943—12 Mos.—1942
$2,725,626
$2,542,561 $13,392,647 $12,808,844
'
r'v
v /1 ■ ■
taxes_
profit——
tNet
Earned
sh.
per
." stock
—V.
Cost
of Company's Share of
before
2,
,l
62,148
279
interest-.
$2,5.01,001
( "After all taxes and depreciation, but before depletion.
$302,457
168,630
9 Mos. Ended—
(& Subs.)—Earnings—
Reliable Stores Corp.
Profit
v'.i
$329,147
181,068
76,045* V'V
profits—i.
Tons
: -1940
and. Federal taxes,
tAfter 'providing $5,127,000 for
estimated Federal income and excess profits taxes,
JAfter providing
$5,005,000 (net of a post-war refund of $483,000* for Federal income
and excess profits taxes and $575,000 for post-war adjustments,
re¬
negotiation and other contingencies.—V. 158, p. 2052.
Net
$340,925 '
205,354
<
:
Minority
1943—12 Mos.—1942
$226,309
r
30—V;j >1943
profit.,—$18,033
shares
deprec.
Abandonments
$1,359,622
charges
(Exclusive
depl.,
Taxes
Gold
1941
$1,745,894
1942
—
"After
$294,489
1
.
10,769
9 Mos. End. Oct. 7—
Subsidiaries *-
Domestic
1943
Sept. 30—
profit—'.
*$1,279,239 t$l,268,924
Earns, per shr. of cap.
stock
—$2.04
$2.02
Net
,222,342
$318,378
6,515.
$421,307
amort,-
$222,895
<
60,56177,106
Sail Antonio Gold Mines, Ltd.—Production, Etc.—
(Including
9 Mos. End.
♦
13,207
,
.
for
and
Raybestos-Manhattan, Inc.—Earnings—
A"
$334,410
$403,100
Total, income__
Prov.
1943—Month—1942
__u
retirement
cents
2052.
p.
:"/ 236,648
..
expense
1942.
p.
•
.
■
airlines.—V.
'
be
3 Mos. End. Sept.
"Net
express
Agency reported last week. The new
an
increase
of 36.6%
over
July a
to
269,859/
308,794-
Profit".'—
AA;
.S.;■:■■
Smashing all previous records for the second consecutive month,
weight of air express-carried by the. nation's airlines in July totaled
more
$516,831
Other inc., net of other
prices on
Inc.—Air Express Tonnage
Express Agency,
Railway
.
,
.
reflect the tentative, renegotiation of
shipments.—-V. 158, p. 776.
•■/% ;
JAfter adjustment to
1942
income
tEarnings
on
included
therein
ment
1940
$555,026
1942
$604,268
Oper. and gen. exp.__„
will
140 Broadway,.; New« York, N; Y.—V, 153,
revenues
Silver King
>
1941
1943
$716,894
;
revenue
for. redemption as of Jan.
1, 1944 a
2(4%, debentures due July 1, 1954 at
made • at \the Guaranty Trust Co.,
15-year
income
"Gross
"After
Republic Petroleum Co.
called
of
Payment
Period End. Oct. 31—-
Operating
1538..'.,
9 Mos. Ended Sept. 30—
Operating
int.
Sierra Pacific Power Co.—Earnings—
•
*U.
$1,500,000
and
sinking fund agent,
$11,146,955 $11,569,151
—
has
corpor«tion
of
100
9,867
16,702'.
Earned- surplus
329,014,451 268,300,331
'Total
par),
(excess
stocks,
(no
capital surplus, $2,201,045; unrealized appreciation
quoted market over cost*
of, securities, other than bank
$534,216; balance for 390,000 shares outstanding after deducting 13,622
treasury shares, $7,735,261; total, $7,743,058.—V. 158, p. 1284.
94,813
debt
p.
shares
common
Shell Union Oil Corp.^-Debentures Called—
84,315
158,
$12,797;
of
92,415
•—V.
taxes,
$11,146,955 $11,569,151
_________
Total
for
$5,000,000;
/277,984
194,003
$4,365,000
132,115,880
5,926
Liabilities—Reserve
493,857
,
356,208
1", 165,748
97,807
1,364,533
Capital
500,313,
_—
_____AA_—__.„____
$3,414,000
*895,952
3,190,836
4,493,632
deferred
hand—-
on
—
6,745,819
$1,797,014; notes and accrued interest receivable, $34,109;.
banks, $164,758; total, $7,748,058. >
:.V
In
1Qd9
_A_A—A--*
Accounts payable
—__A__—___
Accrued expenses __A-A__-_J
Income taxes :
___A:__/_
2,067,000
3,190,836
147,839
revenue deferred—
creditsl--:-^T--_,--it.-,^-,.-v--"
conditioning
Other
and
assets—.
cash
banks,
'
;
1Q41
Liabilities—
2,000/000
For
Air
banks
current
Long-term
508,256
5,275,021
Sh£et, June 30
Balance
————$10,124,187 $10,603,301
assets
Total
employee
For
In
Other
contra
(see
Cash
Reserves—
For
Consolidated
'
Other
arma¬
.A
munitions contracts
on
1942
on
Condensed
•
Properties, net
v——
refund
-
-
■"
A<aeptc___
for
2,410,847
income
on
for
ment
16,823,020
41,598,324
payroUs__„w_A-*.—
yet
due, incl, pro v.
Monday, November 29, 1943
6,605,00y
.
- '
'.'/
'
64i4-17,301»
'
.Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4233
158
has been associated with the Heinz Company in the advertising
promotion department.
y •.
makers of Energihe will occupy their new Brattleboro plant
and offices on Dec,
I. The Cummer Company Division, which now
produces Energine Cleaning Fluid, Energine Shoe White, Energine
Window Cleaner and Energine Lighter Fluid, plans to use additional
production facilities for other products now under consideration,—
V. 158, p. 1943.
' - ■■
nane
Spencer Shoe Corp.-r—Current Sales Lower—
t
and
corporation reports sales in its retail stores for the four weeks
ending Oct. 30, 1943; 25.02% below those for the same fouir weeks of
1942; and for the 48 weeks ending Oct. 30, 1943, 14.86% below the cor¬
responding period of 1942.—V. 158, p. 1772.
The
The
able
declared a special dividend of 25 cents per
quarterly, dividend of $1.12 per share, both pay¬
to stockholders of record Dec. >15.
A special distribution
directors
Nov. 22
on
Jan.
3
This
25 cents per share has
cluding the. year 1936.—V.
v
for
shares of
cash,
Period Ended Sept. 30—
.
.
.
.
.
$.
;s
67,839,032
16,219,549
1,790,191
Electric
62,476,702
14,869,384
1,458,465
■'
Gas
Othter miscell. services-.
•
and
Co,)
of
78,804,551 113,819,723 105,182,216
25,873,724
38,858,987
34,852,045
4,390,078 • 6,273,701 - 5,917^967
85,848,772
Total oper. revenues---,
^Operation y_.y Lu/--y 29,263,126
4,801,847
Maintenance
Appropriation for retire.,.
/' deprec. & deplet. res.
10,187,113
(other than
Taxes
Provision
inc.)
9,547,527
Fed.
5,742,591
8,014,946
2,875,665
5,633,328
32,021,021
31,212,093
,
the
on
Wilcox
Stewart-Warner
Frank
A.
Ross,
Luke's Hospital
3,459;207
2,3,139,534
4,59.4,393
profits taxes.,.
1,180,169
certain
and
oil
stock
of
assets
properties
Standard
trend
in
died
$76,300
'757,803
703,490
recently
594,279
515,360
465,276
454,092
2,612,272
2,553,469
2,249,098
4,314,681
3,806,138
3,533,559
730,7,77
10,030,915
677,220
14,539,084
706,198
15,483,601
10v708,135
15,^45,282
-
interest
Operating.' income'
Non-operating income
■..
■
.
in
:.! Total income'
Int. and amort, of funded
debt exps,_
Provision for est. 'Fed. inc. tax
where
Net income
;
Adams
operations
On
Nov.
on
17
of age.—V.
.718,887
f4,735,800
'
:<■/
,
7,466,445
:
9,790,595
<-
,
1,687,500
1,687,500
2,869.400
3,506,298
4,457,086
2,272,647
$1.13
stock^-w--.
common
$o.90
Earnings per common share———
at
T
;
9,013,986.
Dividends paid or declared:
On preferred
.
674,790
2,566,900
for
the period-,
r>(
1,200
from
651,115
5,818,500
Surplus
years
720,000
'
14,752,824
acreage
,
.
60
730,384
10,196,248
662,500
company),
Adams'
suddenly
was
2,247,695
10,842,065
600,003
.income
in
1,687,500
3,504,972
4,598,123
$1.2.7
,
"Together with revenue from other operations (exclusive of
company, transactions) (net).
(-Includes excess profits tax.
158,
1943.
p.
1,193,305
General and administrative exps.-Taxes, other than estimated Federal
that
southwest Texas
Corp.—Obituary-r-
$
11,302,618
1
development during the last several
senior Vice-President,
in Chicago, 111.
He
1941,
,
$
Dry hole losses and property retire-
Texas
in
.'/■ ■;
include
.■
.
and
Adams' total production from all properties is about
the announcement concluded.—V, 158, p. 1943.
years.
1,152,916
7,579,343
916,545
859,812
6,059,588
in
Ohio
1942
,
-
barrels, daily,
and
for State
all the properties
interest
been active in exploration and
St.
foreign income taxes_
Federal income taxesexc.
8,411,298
fields
new
12,518,606
8,490,039
13.426,273
6,318,887
6,452,269
•
the
of
'
145.853,860 111,860,351 109,410,824
109,855,074
80,559,987
76,327,812
Provisions for deprec. and deplet",!,.
Amort, of undevel. leasehold costsahents (net)
Rentals of undeveloped
the
Patoka and Centralia
fields, Illinois/ these fields having been
the very first fields discovered in Illinois.
A water flooding
project is now in process of development in the Patoka field, which
is expected to considerably increase the production therefrom.
Also
acquired are Adams* royalty properties and its interest in a number
has
"
'
aniong
1,962,978
2,453,276
than
Co.
Oil
disposed of by Adams,■•-'■
■:
The properties purchased
bv
1943—12 Mos.—*1942
;. ■ /:<
V $
89,821,881
83,510,494
21,544,566
19,708,744
1943—9 Mos.—-"1942
Subsidiary companies:
Standard
purchase
it will
other
Standard Gas & Electric Co. (& Subs.)—Earnings—
(Exclusive of Pittsburgh Rys. Co., in process of reorganization,
subsidiaries ahd other street railway subsidiaries of Philadelphia
"Sales of crude oil and petrol,
prod.
Cost of products sold and sell.
exps.
Insurance '
:
company,
54,847
Subs.)—Earnings—
1943
$
according to an announcement made on Nov. 20 by
W. T. Holliday, President,
has entered into an agreement with the
Adams Oil & Gas Co., of Houston, Texas, under which, in exchange
been made in each January since and in¬
156, p. 1958. /.-.■!?. jv:'r.'
:V
V/''V
of
9 Months Ended Sept, 30—
Standard Oil Co. of Ohio—To Purchase Properties—
the usual
and
Tide Water Associated Oil Co. (&
.
,
The
Springfield Fire & Marine Insurance Co.—Spec. Div.—
share
2197
inter¬
-J
Note—The
provision for Federal income tax is based on a combined
surtax rate of 40% applicable to taxable net income
(and
provision of $1,000,000 for estimated excess profits tax).
normal and
Stix, Baer & Fuller Co.—25-Cent Dividend—
in
1943
a
.
23,630,624
tOther income less
The directors
the
on
non-
'
Dr544,059
Dr562,798
JDr69l,756
22,576,736
31,329,265
30,440,407
Dec.
on
deductions;'
Income
debt
7,080,027
7,096,269
9.438,277
1,316,167
1,560,469
1,760,602
160,556
Cr2~79,117
562,344
493,434
revenues
income
"Gross
Cr396,242
Net
690,189
323,944
272,719
523,941
Sundry amort, and mis¬
cellaneous deducts.—
631,072
788,698
13,046,192
18,109,573
6,232,512
6,220,921
8,335,405
300,215
379,082
'
of
.
6,502,^24
9,394,286
.
158,191
210,921
:
300,933
402,717
50
6,962,048
■:
-
308,381
Ferdinand
service——--
67,647
70.323
125,824
143,253
Taxes, other than inc.
'38,682
32,000
41,743
56,502
24,750
40,250
6,502,378
6,571,997
62,253
cents
:
;
/
47,020
1,763
481
1,763
/
Control, net income—
3,828,558
3,677,565
5,783,625
4,862,252
comparative
for
give
to
purposes
to the last 3
and expense applicable
discount
for
Refining
&
Co.
as
a.result of adjudication
in April,
tfte
Jt.
the
Weekly Output—
7';
V/
2087.£ -:^
p.
\
before
7' :y//:'•. /y
'
directors
declared an. initial
preferred stock; issued
have
prior
new
..
.
Moves Plant—
;
Removal
advertising
of
1
Company
Division.
was
and
post¬
in
in
the
the
comparable
third
quarter
period
a
year
over
the
ago.
$406,464, or 32 cents a share,
compared with $332,594, or 26 cents a share, in the third quarter-of
last year, and with $452,362, or 36 cents a
share, in the second quarter
of 1943.
Net income in
the nine months'
period to Sept. 30, 1943
totaled $670,753, or 53 cents a share, compared with
$1,375,234, or
$1.09 a share in the comparable period a year
ago.
Comparative
earnings for the periods in 1942 are adjusted to the tax rates under
of
income
1943.
due
before
The
to
the
for. Federal
by annualizing the
Charges
for
essential war
was
.■,
• ■
income
and
income
■,
; :
,/
excess
profits taxes in the third
$637,885 in the second quarter
compared with
smaller net
primarily
Provision
after
taxes
in
third
the
quarter waa
provision for-, excess profits taxes.
nine months':.period was computed
the year to date.
necessary
taxes in the
earnings for
depreciation,
construction
.
depletion
amounted
and
special amortization of
$520,041 for the quarter ended
to
Sept. 30, 1943, as compared with $309,970 in the corresponding quarter
of 1942.
For the nine months ended
Sept. 30, these charges totalled
as compared with $916,205 last year.
$1,499,511 in 1943
1943—10 Mos.—1942
194?—Month—1942
Summary of Income Quarter and 9 Months Ended Sept. 30, 1943
$5.188,°89 $57,886,834 $40,6^3.804
23,854.8°9
6,475,460
-■
Quarter
.
Net
sales
of
:
products
9Months
$8,538,491 $24,021,335
^
sold
5,865,731
Delivery, selling, adm. and
22,598
income-
$872,721
$1,590,978
.38,215
$7,777,480
527,644
Provision
for
Federal
income
taxes
Provision
for
Federal
excess
profits
Provision
for
17,296,802
$9.341W5p
$8,558,230 $10,363,445
1,043,077
Cr21,382
Operating
rv.
oper.
income
59,996
income
i
■
r ;>
■
$8,305,124
72,"88
5.0,>8
142.081
$9,749,r01
40,668
299,398
323,21/7
3,058,788
3,193,257
income
$560,331
——
$1,300,038
$5,104,255
$6,515,976
Net
1772.
p.
outstanding shades of convertible prior
fov redemption on Dec. 22 at $105
"oUod
that
to
date,
J-
other
17 into
3V3
shares of
converted
stock.
common
income '
price.
Cha°e
'.■x!
■
Nation"1
registrar
.2087, 1864.
>
!,
Pa^k
for
the
,;
of
5 7c
at
once
and receive
taxes,:—
370,688
share
common
depletion
53,024
$406,464
$0.32
———
per
405,000
42,000
$570,753
—.
$0.53
for depreciation and
on
as
timberlands
follows:
special amortization, and provi¬
and leases were charged to income
9 Months."
158,
p.
1864. "
\
>79,249
"
-
the full
Union Oil Co. of
'
:
for
income
other
tax——
$1,420,262
—V.
h
surrender their certificates
mav
1,095,088
—J—
Quarter
per share.
Each share
anytime up to 2:30 p.m. on
at
$2,594,553
229,000
370,688
charges.——
Depreciation and special amortization
$488,483
Depletion on timberlands and leases—31.558
per
total of $106.13
a
or
prior prefe"once maybe
$2,457,070
137,483
306,162
------
during the periods
preference stock
shaie, p)ns aevned
4,267,463
$1,297,273
57,041
$1,354,314"
profit
and
Earnings
sion
1,375,487
expenses-«_i„_
income
Interest
$1,629,133
gen.
income;:
Gross
408,151
$932,717
charges,,-——
158,
■
.
California—Acquisition—
.
!
Company on Nov. 17 announced that it had signed an agreement to
•
the
CP"
cumulative
:■'•■■.•:
of
stock.—V,
producing
the
refining
and
properties
Glacier. Pro¬
duction Co., in Cutbank, Mont.
The Glacier company is a, subsidiary;
of
the Montana
Power
Co., which is, in
turn,
controlled (by the,
American Power & Light Co;—V. 158, p. 2088.
r.,
b"°n
h"*>
New
preferred
{..■/■
puhchase
158,
^
'pef-ra fha pnd of. the year the
orrpcration expects to receive another
fmm:operations at Grand Coulee Dam. L. J. F'schm. Chopstated at a stockholders'; meeting on Nov, ?2. .In the fiscal vear
Mr.
Culli¬
United Air Lines Transport
dividend
man,
rhci-'
.
fibril.2/\
the company ,receh'ad $102,700
WaJshrAtkinson-Kieif Co., generarcont'ractors
In
answer
Phipbuilding
to
inquiries*.. Mr.
Co.,.
The company is a
high, 90%
income
from
.
Cummer
sales
income
Cr2,349
the
inactive
/
for the
fraud
Act,
of
the
Thompson-Starrett Co., Die.—Dividend Outlook—
$6,750,495
the "manufacturing
manager
Net
20,294
Registrar—:.;...
•
plant 'and executive offices of the
Cummer Company. Division of Sterling Drug Inc. from Bedford, Ohio,
to Brattleboro; Vt„ and appointment. t>f O. J. Nickel, as- Manager qf
Sales
and Michael J,. Cullinane -as Advertising Manager, has been
announced by Mr, James M„ Coolie, Divisional Vice-President.
Mr. Nickel, who a^umed his new duties on Nov. 1, was formeriv
-
mail
.
r
$7,136,563
of
Contracts
16.1%
$20,697,808
rentals, net Dr.
•Recent
$2,100,695
$1,844,979
of
bail.
Corp.—Earnings--
758,152
in
'
Union Bag & Paper
Net
di^i'dferitf'nf
fAfter pvov. of Fed. and
foreign inc. and excess
taxes—-
Sidney
were
Third quarter sales of $8,538!491 were 77.5% over the
$4,809,395 in
.the. third quarter of last' year and increased 7.8% over
the $7,920,417
in the second quarter which ended June
30, 1943.
Nine months' sales
of $24,021,335 to Sept. 30, 1943 reflect an increase of
93,036
is
"Revised.
They
Kann
$1,681,665
Feidcs
•
profits
bail pending an
three-year sentence
were
convicted of taking $84,000 from the com¬
Kann made restitution of $42,000 of the money;—V. 158,
p. 2088.
70.268
redemption
p.
convicted
was
$5,000
$963,283
dividends
y•
who
income.—.^.-
fac.
A.ll
$5,000
suspended
Renegotiation
under
rentals, net Dr—
The
.1943—9 Mos,—" 1942
tNet' prof, after all digs/ $1,720,382
$1,580,985: $5,654,'593 • * $5,67.7,087
Earp. per com. share—
$0,98 v" •* $0.90
$3.23
.
$2.90
.
and
firm
Federal
remained
Note—Provision
/. yv
1943—3 Mos.—* 1942
End. Sept. 30—
the
of
the
thej Revenue Act of 1942.
Railway—Earnings•
under
a
Involving the Elkton firm.
filed by Judge Chesnut.
were
quarter was $1,048,152,
Thompson Products, Inc.—To Redeem Stock—
'/'.yy7
y^y-y.- yy
Sterling Drug:, Inc.—Earnings—
: Period
the assets of
Cook Countv,
the time for the
therein to a period
limiting
1943,
15,966,522
-^V.
.
.
the dissolution, thereof
appears that pan-
33,362.082
Net
$3:50 pbf "shareundgfe the: recently adopted
plan of' recapitalization; The dividend isTpdyable Dec. 20 to' stock¬
holder,s.of record Dec. 16.—V.-158, P. 778- Ttor/FTT•' > y y/-. S '
-7 .'y.y
■>.'
"'•••■'i
noy.7;'.
the
19,
$6,206,657
appointed
The
company
"It
809,244
Dec.
;y
upon
adds:
1,654,200
Fixed
7y-:^/••;.
y;' y
the
time
tax accruals.—___
been
■
of
Decker
this
payments are made thereon."
Miscell. deductions—
of
Stahl-Meyer, Inc.—Initial Distribution
on.
Oct.
on
(
of the
Electric
7
'
the
at
2,698.080
Totnl
public utility operating companies in the
Standard Gas &
Company System for the week ended Nov.
20, 1943, totaled 206,078.000 kwh., as compared with 169,148,000 kwh,,
for thd'corresponding week last year-, an increase of 21.8%.—V. 158,
output
Electric
of
Kann
under
G.
Decker
pany.
Other
aggregating $510,635 for the 9 months ended Sept. 30, 1943,
$319,520 for the 9 months ended Sept. 30, 1942, $626,070 for the 12
'months ended Sept. 30,• 1943, and $319,520Tor the 12 months ended'
/,;y'
v.
claim
3.589,174
Net
refund
//;y;/
who
corporation
company
:
the
on
____
Other
year
Sept. -30, 1942-
Victor
Vice-President
that
announce
1941,
for that year. Provisions for Federal income
1j42 and for the 9 months ended Sept. 30, 1943,
"of the company and certain of its subsidiaries have been made on the
basis of the filing of a consolidated return as permitted under the
Revenue Act of 1942.
No provisions for Federal excess profits taxes
for such corporations are required for these periods.
Provisions for
Federal excess profits tax made by the other subsidiary, companies
are
stated After! deducting credits for debt retirement and post-war
of-
taxes, for
trustees,
been, realized
announcement
order
an
expenses
Rv. oper.
for reorganization of Deep Rock Oil Corp. under
the Bankruptcy Act, which loss exceeds the taxable
of
77 B
Section
of the
revenues
Equip,
proceedings
.income
Prest,
Mr.
was
conviction
as a junior
executive, fined $2,000, and Arthur
Willis, John J. Prial and William L. Kann, Jr.,
fined $1,000 each.
They had pleaded nolo contendere to charges of
defrauding Triumph stockholders in organization of the Elk Mills
.Loading Co., a subsidiary. • Sentencing of Joseph Ben Decker, former
Cost
provision was made by the company for Federal income
profits taxes for the year 1941 as the company claimed de¬
ductions for loss on its investments in Deep Rock Oil Corp. and Deep
Oil
entered
cancellation
Ry.
excess
the
has
C.
representatives
The
Operating
Note—No
Rock
Francis
money
period Ended Oct. 31—
§For' period prior to acquisition, applicable to common stock of sub¬
sidiary acquired by Standard Gas & Electric Co. in 1942.
of
l.r.21.
Operating
.
or
of
sum
Texas & Pacific
months of
1941 representing the proportionate amounts approximating the income
and excess profits taxes saved in 1941 as a result of bond refunding
by certain subsidiaries.
/•'.;•
y
-
other officials
Funds
either with the
trustees at 53 West Jackson St., Chicago, 111., or with the Clerk of the
Superior Court of Cook Countv, Countv, Euilding, Chicaeo, 111.
After
the expiration of the time for the filing of claims, a hearing, on all
claims filed will be had by the Superior Court of Cook Countv, 111.
"The original stock
certificates must be turned in to the trustees
tlncluding $280,330 for the 9 months ended Sept. 30, 1943, $261,525
the 9 months ended Sept. 30, 1942, $369,505 for the 12 months
ended Sept. 30, 1943, and $317,075 for the 12 months ended Sept. 30,
1942, of provisions for Federal and State income taxes.
debt
released
already
Feldman, described
violation
Claims shall be made onlv in writing and may be filed
for
•([Of
has re¬
the At¬
Ry.—V.
filing of claims bv the persons entitled to. share
commencing with the entry of said order and expiring on Jan. 18. 1944.
Claims not filed within said period shall be forever barred from par¬
ticipation in the distribution of said funds so held bv the «aid trustees.
effect to adjustments
recorded subsequently but Which are applicable to those periods.
tlncluding electric power and gas purchased and amortization of
leaseholds, •• etc.' :
;,7
;vyy;
■ v,y
/y
'////
"Revised
and
Manganese Corp.. may be entitled to share in
the said Tennessee Manganese Co.
The Superior Court of
481
int.
Peck
thP assets
17,,
Illinois,
49,055
—
Chesnut
Kann
another mail-fraud
.Deibert,
•
A.meriean
83,458
37,224
using
Calvin
appeal.
Managenese Corp. fDel.), which was dissolved in January,
1921, owned common and preferred shares of said Tennessee Man¬
ganese Co. in 1918 and that creditors and shareholders of said Pan-
3,745,012
35,697
Jan.
on
"8,740,258
79,906
of
on
v;:,■. 'T/.T
their legal
or
share in
to
v
interest
W.
15
American
disct.
debt
charges
ceased to exist were entitled under the laws of the State of Delaware
24,750
3,564,664
«
W.
substantial
persons
59,859
v
9,476,978
2,794,474
59,825
,
expense
Taxes assumed on
7>
I"
2,666,535
;Consol. net income,-- '
Inc. chgs.'of S. G. & E.:
Interest on fund, debt
Other
."
'
Federal income taxes_
Kann, former President, was sentenced Oct. 30 In Federal
to
three years in
prison and fined $2,000 on
the mail to defraud company stockholders.
Judge
Baltimore
at
,
company filed against the United States of America under the War
Minerals Relief Act, and is now in the hands of the trustees for the
342,381
of
Triumph Explosives, Inc.—Sentenced in Fraud—
Court
Manganese
Co.
(Del.)—Receives
from Government on Claims—
r.
253,235
and
1,145,141
Tennessee
9,310,501
10,007,935
233,450
Amort,
10.
poned.
V ■///■'.'• 11
exp$.~.
Legal
'
-This company, a subsidiary of the United States Steel Corp.,
ceived orders for 69,360 tons of steel rail, viz., 47,000 tons for
Coast Line RR., and -22,360 for the Florida East Coast
Exps. & taxes of S. G. & E.
Corp., fiscal and ad¬
ministrative
on
1,153,351
were
157, p. 1752. v.-/';-
V
The directors on Nov. 22 declared a dividend of "10 cents per share
the capital stock, par $1, payable Dec. 20 to holders of
record Dec'.
The previous payment was 5 cents on
May 1, 1941.—V. 153,'p. 112.
v
$5,662,279
1,200,886
lantic
401,445
6,964,157
•
-I--.//
Total
98,190
210,921
.301,599
11.
cos.
Dividends from others
Miscell. interest—u_
.
\
,
.
M.
8,698,135
158,191
6,504,356
Balance of inc. of subs.
assoc.
products.—V. 158, p. 778,
Trans-Lux Corp.—Resumes Dividend—
.
Other inc. of S. G. & E. Co
from
and other
1943—12 Mos.—1942
Tennessee Coal, Iron & RR. Co.—Orders—
46,540
22,132
^Undistributed net inc.-
cents each
,.25
'
Divs.
1941.—
per share has been declared on the capital
to holders of record Nov. 26.
Distributions of
made on this issue each quarter from March 31,
1941 to and incl. March 31, 1942; none since.—V. 157, p. 47.
469,138
-
-
i
10,'last,
8,311,179
253,193
dividend
A
17,524,992
603,517
——w-i./;
Dividends on cap. stock
held by public—i.—Minority int. in undistr.
.
,
'$502,136 ^$6,565,391
Technicolor, Inc.—Resumes Dividend—
780,768
12,990,061
Balance
income
statement'does not include the amount of $15,697,902 in 1943
$20,949,750 in 1942 collected for Federal, State and municipal
governments in the form of taxes on sales of gasoline,
lubricating oils
and
i-
••
94,175 *
97,466
1,178,629
accruals^—V. 158, p. 2087.
reserve
stock, payable Dec.
net
June
Above
record
of
and Dec. 29,
' ■■■{ t'A-' V:- '"»•
$565,603
97,561.
income
"After retirement
523,830
and
22
1
share
per
holders
Gustav H.
assets-
of
592,447
cents
25
to
1943—Month—1942
—<
^
gtd. oblig.—
to reserve for
ments on
revaluation
Jan.
on
Jan. 30, June 2, Dec.
Period End. Oct. 31—
Approp. to res, for pay¬
Approp.
disbursed
were
on
of
14
2054.
p.
Operating
450,000
interest, net—1
Other
dividend
a
payable Dec.
Tampa Electric Co.—Earnings—
9,472,483
1,166,119
amortization-
([Special
declared
$10,
:
net—
of
19
par
amounts
1942, and
7,
157.
disct.
expense,
Amort,
and
V.
stock,
?
,
Interest on fund, debt
...
Like
30.
Nov.
Dr771,686
23,086,565
income
Gross
Nov.
on
common
Since
Fischer
said
fro"1
the
Mason-
for the work.
that
the
St.
■
J^hns
Fiver
subsidiary, launched' its 2fth shin la;st Tuesday.
new one, however, he pointed out. and its tax:4)pse
of what is being earned going back to the Government
a
taxes.
present, the scheduled annual meeting was ad¬
1944.—V. 158, p. 1864.
%
'
Traiiswestern Gil
Co.—25!Cent
on
of 30 cents
on
Dec.
7,
w a
made
1942.—V.
on
158
June 4,
p,
W.
898.
last,
as
against
an
initial
Patterson,
A.
President,
on
Nov.
22
announced
the
resignation
P. Ripley as a director of the company. ,*
/
/
Mr. Patterson declared that, as Harriman Ripley & Co., .Inc., ,is to
act as'bankers for United
in. connection With the company's forth¬
coming financing;
Mr.
that
■UnitecVs
•United
•
board
as
financing
V.
that it therefore is impossible under terms of th§
Act for Mr. Ripley to continue as a director,
He
Ripiev, recognizing this situation, had left it up to
of directors to determine
whether he should serve
Aeronautics
added
declared .-a semi-annual di^dend of 25 ce"ts pnr
the canltai stock, payable Dec. 3 to holders of record Nov. 26.
distribution
s",it
of Joseph
Civil
Distribution—
Tbe directors have
A similar
/
Resignation of Director—
an
was
journed until Feb. 28,
share
whicb operates passenger-mail-express flight^throUgh central
Mexico
arise
during
quorum
according to an/.announcement of W. A. Patterson, President of United
Air Wnes.
United: only recently acquired a controlling , interest in
LAMSA,
,
Joss's snorted by the Thompson-Starrett Co.. be said,
fact that the organization has been
kept intact
Corp.—jPres, of Subs.—
Taylor, who has held executive positions with various mining
enterprises in this country and La tin America,
elected President of Lineas Aereas Mineras( S.s<A, pf Mexico,
has been
*
pericd when fees have declined.
no
William
and ..manufacturing
a
director
and
or
that the
158, p. 2088, ;
>
as
a
banker
in
connection
with
the
public
directors bad advocated the latter course,—•
/
2198
THE COMMERCIAL &
United Drug, Inc. (&
Period End. Sept. 30—
profit
Earns, per coin.. share_„
1943—3 MOS.—1942
"•Net
"After
amount
Subs.)—Earnings—
$638,988
$1^63,917
$1.33
Corp.
$1.13
4'/
values
$1,585,628
$0.44
provision for Federal taxes,
either
at
of
depreciation and bond interest.
income
close
to
"Holders
That
A
decision
the
of
Philadelphia Nov.
17
sustained
Improvement
to
divest
and
The
Co.
non-utilit^
nine
SEC
Section
U.
securities
G.
orders
11
I.'s
(B)
U,
two
itself
Circuit
S.
the
of
orders
nine
of
of
Court
for
SEC
public
Appeals
United
The
July 30,
1941, and May 7, 1942,
Holding Company Act of 1935 did not
affect
contentions
Court
in
that, the
rejecting
Holding
appeal by U. G. I.,
an
Company
that
the SEC's procedure of determining
integrated utility system" is illegal.
The
decision
rendered
is
Act
what
constitutes
the
SEC
and
There
are,
questions
has
been
it
indicated
was
before
tribunals
the
certain
and
in
SEC
circles,
company
and
Federal
affecting
fundamental
constitutional
ques¬
tions
and
concerning all public utility holding companies.
These questions,
counsel indicated, must ultimately be decided by the U. S.
Supreme Court and, in view of the fact that the North American
CP/,,
has
U.
G.
X.
The
the
not
Co.
to
The
will
not
step
the
common
stock
in
Co.
its
will be
will
holdings in
Co., into which latter
(Del.) and its subsidiaries
file
the
by
with
approved
the
in
SEC
plan.
by
the
This
stockholders
common
of
the
enlarged Delaware Power &
Eastern Shore Public Service
company
were
was
liquidation
its
to
taken
,
voluntary
distribution
Light
Co.
probably
which
the decision.
affected by
Improvement
another
involve
I.'s
G.
appeal
Court.
an
Supreme
plan of partial liquidation,
was
Gas
United
future
step
decided,
the
company's
Commission,
near
U.
been
recently merged following approval
by the Commission.
,
As
part
the merger plan the combined Delaware company
1,162,600 shares of its $13.50 par value common stock
the payment by U. G. I. of its
holdings
outstanding common stocks of Delaware Power and Eastern
a
U. G.
to
the
of
in
of
Vulcan
latter
acquired
from
Associated
Gas
&
Electric
interests
swap
each
20
shares
of
U.
G.
I.
Net
to
value
a
also
share
for
each
proposing to the
certain number
a
that
a
shares
10
outstanding
management.—V. 158, p. 1944.
is
of presently out¬
change on a basis of one
being considered by the
United Paperboard Ca.—Operations
Improved—
W. S.
Stuhr, President, at the annual meeting of shareholders held
on Nov. 18, stated that
operations of the company thus far in ..the cur¬
rent fiscal year were
substantially above last year.—V. 158, p, 1286.
18
to
such
United Public Utilities Corp.—Divestment
The
Securities
on
an
and
application
transactions designed
Ice
Co.
to aid in
its divestment of
loss
P.
U.
The
sell its
Kirby,
from
delphia,
Jr.,
both
A
deposited
the
Alabama
for
under
and
would
B
Alabama
the
record
Dec.
in
the
with
used
to
the
Provident
trust
1935
trust
to
T.
of
all
the
1.
last,
as
A
Nov.
on
common
Dec.
stock,
similar
19
purchase
$5,
par
against
15 cents
March 16, 20
follows:
declared1
due
series
shares
by.
A
Co.
securing
in
1960.
and
of
U.
The
1.
board
March
on
cents;
Dec.
made
was
The
directors
the
69/
The
have
approved
cumulative
plan
ferred for
15,
June
15
to
B
bonds
15
and
Payments
and
Sept.
15,
calls
plan
stock
"
to
adding
capital
of
in
15
of
The
1942
cents
reserved
The
stock
Net
loss
Net
loss
The
over
Sept. 30—
for
those
Glass
held
first
stock
stock
common
third
to
by
after
Plaza
headed
Jackson
&
deprec.
$37,708
$8,700
"'$5,594
deprec—
by
who
E.
to
of
voted
of
the
the
of
and
to
convert
the
100,000
shares
through
&
Sons,
the
a
Inc.,
sale
and
to
are
company's first
be
4s
the
1955;
company, in a report to the War Production
Smaller War Plants Corporation, made
public on Nov.
164,094
202,403
current
The above figures for all periods
include interest on
mortgage bonds of Trinity Buildings Corp. of New York
at
income
or
Operating
and also the additional interest of
1%
profits
excess
taxes.
results
of Plaza Operating Co.
are
not published,
Realty and Improvement Co.'s entire stock
interest
Plaza Operating Co, was sold on Oct.
7, 1943,—V. 158,
United
States
p.
1578,
Universal-Cyclops Steel Corp.—Renegotiationwaiter H.
"The
Baker, in a letter to the stockholders on Nov.
17, stated:
renegotiation proceedings applicable to the year
1942, men¬
tioned in
the annual
fconcluded.
of
The
The effect
report under date of March
corporation has
$3,288,000,
less
the
agreed
offsetting
upon profits for the
to
tax
pay
16, 1943, have been
the United States the
credit
and
post-war
credit.
1942, after adjustment for income
decrease such profits from
$2,128,545
of $905,000,
equivalent to $1.81 per share
the 500,000 shares of capital stock
outstanding."—V, 158, p. 683.
and
post-war credit,
$1,223,545, a reduction
is
Utilities Employees
year
to
Securities
Co.—Redemption—
'
C. Stackhouse, President, on Nov. 19 In
a notice to
the holders
registered owners of income bonds and income notes due
1981,
provided
hereby
delivered
in
the
notified
and
income
paid
notice, of
that
in
bonds
on
and
redemption dated
and
payment
after
of
notes
Dec.
each
duly
$10
1,
Oct. 26, 1943, you
1943, there will be
principal amount of
presented,
$20
and
the
Interest
the
$4,558,755
2,582
8,717
$1,063,556
$4,567,472
188,612
156,832
charges
Fed.
inc.
profits taxes.,..-.
/
1,031,941
G34,707
•
•
3,002,797
Net
profbits—
per com. slir.—
158, p. 1774.
$272,017
$1,000,932
$2.06
$1.73
Corp.—Bonds Offered
Stone
—
& Webster
principal
in addition to Stone
& Web¬
7
and
dated
are
interest
nation
of
of
(A-O)
1, 1943,
payable at
either in Philadelphia
$1,000, registerable
certain
Pennsylvania
(ox if
the company
taxes
-
-
Oct.
will
be
option
upon
due
of
or New York.
Oct.
1,
1958.
Principal
holder
at agency of
the
Coupon bonds in denomi¬
to
as
principal only. Interest payable
taxes not exceeding 4 mills
per annum
is not required
refundable
are
or
permitted to pay the same, such
proper application).
Massachusetts or
Maryland taxes based on or measured by income not
exceeding 6%
of
interest
refundable
on
proper application.
Provident Trust Co.,
Philadelphia, trustee, and W. R. K. Mitchell, co-trustee. Bonds
will,
in the opinion of counsel, be a direct first lien
on all of the fixed
prop¬
erties now owned by company,
including its manufacturing plants, ware¬
houses and sales branches, except two sales
branches with their ware¬
houses, subject only to permitted liens and to prior liens of the
trustees
lor
their compensation, expenses
and liabilities.
The after-acquired
property clause will cover the company's interest in all'its
fixed
properties, except property specifically excluded from the lien of the
indenture.
Sinking Funds—As a fixed sinking fund the
company will agree to
to the trustee on or before Aug. 15 of each
year, beginning Aug.
15, 1944, and to and including Aug.; 15, 1947, a Sum
sufficient to redeem
on
the next succeeding interest date
$50,000 of the bonds; and semi¬
annually on or before Feb. 15 and Aug. 15 of each
pay
year
beginning Feb.
15,
sufficient to
redeem
so
1948,
and
to
and
including Feb.
$125,000 principal amount
15,
thereafter,
1958,
of bonds.
a
sum
This fixed
sinking fund is calculated to retire 629/ of such bonds before
maturity.
In addition, as an earnings
sinking fund for the bonds due 1958, the
company will agree to pay to the trustee on or before
Feb. 15 in each
year, beginning Feb. 15, 1949, a sum equal to 204 of all
amounts in
excess of $500,000 of the net
earnings of the company for the
preced¬
ing fiscal year ended Sept. 30.
Bonds .due 1958 may be delivered
by the company in payment of
sinking fund requirements, at the applicable
sinking fund redemption
price if tendered for the fixed sinking fund and at a cost
to
the
if tendered for said earnings sinking fund. Cash
deposited
sinking funds, unless thereafter withdrawn
by the company
the deposit of bonds on the basis
company
for
the
against
aforesaid, will be applied
to
the redemption of bonds.
Company may anticipate sinking fund
payments by the deposit of bonds, but not by the payment of
cash,
•
Redemption—Bonds due 1958 will be subject to
redemption for the
sinking funds on any interest payment date at a special
sinking fund
redemption price equal, to (1) 102 *49/ of the principal amount thereof
or (2)
the percentage of the principal amount thereof set forth
below
in the table of general redemption prices, at the time in
effect, which¬
ever is lower, together in either
case with accrued interest to the re¬
demption date.
of
business
a
company engaged
of machinery,
iff the
originally
design,
equipment
refrigeration,
comfort
and
air
es¬
manu¬
supplies
conditioning,
a
4,309
.
1,
,
countries.
people
are-
to
employed
give effect
by
to
the
company.
present
.
series due
financing.
Authorized Outstanding
1958
due
serially
■_
1944-47,
$4,500,000
inch,
under
loan
"
-
—
1,000,000
(par
addition,
$1)—
there
were
due
1958 will
will
provide
r—-
1.000,000
962,046
_
1918,636
;
outstanding at Oct. 31, 1943 $2,800,000
(2'4(/) out of an authorized amount
notes
be
for
limited
the
to
$4,500,000
issuance
of
principal
additional
of
of
amount.
bonds
of
other
retirement of
-In addition, upon
receipt of payment for the bonds
will be made available to
the comoany to
provide
working capital and other corporate purposes the
proceeds of the $1,000,000 of the
notes to batiks, to be
Issued under a
loan agreement dated Oct.
19, 1943 between the
company and Phila¬
delphia National Bank and Pennsylvania Co.
for
bonds
i
due
1947.
1958,
there
additional
Insurances
Granting Annuities.
Loans
On
Due
Oct,
to
20,; J942,
Under
Bank,
sylvania Co. for Insurances
York
Trust
Co.!
Federal
Reserve
the company entered into
Philadelphia National
This
Lives
on
--y
Banks
loan
acting
on
its
on
Lives and
agreement
a
Regulation
loan
agreement with
behalf
own
and
for
Granting Annuities
was
amended
by
Penn¬
and New
supplemental
agreement dated Feb. 26, 1943.
In connection with the
execution and
delivery of the loan agreement, the Federal
Reserve Bank of Phila'/
delphia, as fiscal agent of the United
States, executed and delivered
'a certain guarantee
agreement with Philadelphia
National Bank, act¬
ing for itself and the other
participating banks under the provisions
of Regulation V
adopted by the Board of Governors of the
Federal
Reserve system, pursuant to
Executive Order No.
9112, dated March
26,1942.
,
Under
the
loan
agreement, as supplemented,
stitutions
and
major
a
commercial
1943
$22,800,000:
outgrowth
installation
and
over
tExclusive- of 43,410 shares
issuable, as at .Nov. 1, 1943, in
exchange
preferred stock of York Ice
Machinery Corp., now the company,
holders of which will be
entitled to receive cash
equal to the
appraised value of their shares in lieu of
accepting new capital stock
of the
company, under a merger agreement which
became effective' on
June 29, 1942.
and
a
is
the
which
on
Oct. 31,
to
thereunder, subject to the restrictions
thereof, in principal
amount not
exceeding $7,000,000 at any one time
outstanding (includ¬
ing any bonds due 1958
outstanding),
due
$844,608
$0.56
§Loss.
Purpose—Net proceeds will be applied to the
redemption on or before
April 1, 1944, at 101 and int., of
$3,913,000 first'mortgage W- sinking
fund
gold bonds due Oct. l,>
1947, to the payment at 100 of the
$378,550 of notes to banks and
others, to pay and discharge miscel¬
laneous other exjsting
indebtedness of the
company, and to reimburse
the company for
disbursements heretofore made for the
?,
$0.70
interest, income
Pennsylvania income and
the
1,970,752
$343,980
800,247
depreciation,
and
for
465,637
/•:
.<
1,444,000
/Before
/Federal
mtge. sinking fund bonds,-4(4 %
'-Bonds
$3,280,997
563,743
and
1,202,134
1,067,127
series
9,359
$1,564,533
income—
for
716,000
conditioning
Indenture
$3,271,638
received
air
In
1943—9 Mos.—1942
$1,060,974
31.
amounted
demand collateral
$7,000,000.
.
1943—3 Mos.^-1942
$1,561,023
3,510
oper.-i.
1885,
in
Capital stock
President, Etc.—
Mfg. Co.—Earnings—
taxes,
sale ; and
agreement
-
",v}/■'■■■.V/
from
earns,
334,521
■
its
Notes
'
Net
July
taxes.'
thereto,
,
Samuel L. Hypes has been
elected-President, succeeding Elmer F.
Wieboldt, retired.
Mr.
Wieboldt
will
continue
as
a
director.
Mr.
Hypes, a director, has been made a, Vice-President.—'V. 158,
p. 1678.
End.'Sept. 30—
•
ended
profits
profits
Oct.
U.
:.
483,122
359,309
348,849
292,999
—_
—
months
industrial
1st
of the
since
—
Capitalization—-Adjusted
19, disclosed that
company's total sales of war materials to the Government
S. entry into the
war had
been produced by subcon¬
tractors.
In meeting its commitments to the
Government, the com¬
pany currently does business with more than 6,500 subcontractors and
suppliers, the report said,—V. 158, p. 1774.
50cfo
company
282,781
per annum,
Board
114.483
——.J.
—;
Approximately
outstanding issue of $619,120 of 69/
preferred ($10 par); and $60,373 to. a lease purchase
contract,. The
remainder of the $5,000,000
obtained, less cost of issuance of the new
stock, will be added to working capital.—V. 158, p. 2089.'
.
1940
§119,754
§185,077
—364,179
for production purposes.
At present it is also
lesser extent in the
production of war materiel unrelated
standard products.
Its principal offices
and plants are located
at York,
Pa., and consist of
buildings with about 29 acres of floor
space.
Company's. products are sold
through 34 branch and subbranch and service offices
appropriately located in various cities of the
United States, as well as
by a sales agency in the middle
west and
by numerous dealers in the United
States
and'foreign
to
entire
Western Electric Co., Inc.—50% to Subcontractors—
Net Income
$957,649
engaged to
be
con¬
to
of
307,992
J,343
tablished
Webber,
applied
mortgage
379,714
2,845,238
None
excess
for
investment
Paine,
386,670
2,511,690
$326,603
facture,
shares
5.9/
of
of
399,403
2,282,634
$411,291
—_
Company—Corporation,
preferred.
new
group
/Taxes
392,860
402,425
1,361,247
376,617
applicable
arc
will
$415,190
593,965
At
shares
shares,
tion
675,377
July 31, 1943 uncompleted orders, not
included in sales
profit has been computed, less
subsequent cancellations to
150,000
191,242
500,000
Deprecia-,
398,928
excess
to
61,912
+Nft
Income
$2,110,733
I—:;..—.—-Jx—.—U-—.
and
second
the
which
,
J—.
1942
thereto
par);
the
public
H.
added
total
sell
Rollins
Proceeds from
of
stock
a
desire
to
the
$2,943,500 of
eliminations
Bonds
$47,705
117,503
1941
———_
.
1
1941
*$34,525'
1,550,000
88,088
authorized,
common
unissued,
authorized
Curtis.
of
.of
& Co.
Operating Co.)
——
1938
adding
($50
the
by eliminating
now
btit
stock
„'
——
1937
1942
22
Nov.
on
100 Va
_
redemption date,
$17,515,508
14,287,070
15,030,277
16,163,895
19,817,283
22,541,345
25,581,030
1940
meeting
'
,
Periods
.
of
Co.
Stated
Net
.—2
1939
preferred
of
lor
Corp.
i
the
Sales
1942
Director—
Plate
of the Girard Trust
director.—V. 158, p. 1385.
company;
stock
Earnings
1940
Blodget, Inc., are: Blyth & Co., Inc.; Drexel &
Co., Kidder, Peabody & Co., W. H. Newbold's Son & Co.,
Union Securities Corp., Graham, Parsons &
Co., Lee Higginson Corp., Paine, Webber, Jackson & Curtis,
Biddle,
Whelen & Co., Bosworth,
Chanute, Loughridge & Co.,
Alex. Brown & Sons, E. W. Clark & Co.
and Yarnall
(& Subs.)—
accrued but not payable before
maturity except out of "available net
earnings" as defined in and provided for in the
mortgage indenture of
Tripity Buildings Corp. of New York.
(2)' No provision has been made in
any of the above figures for
UESCO
Pittsburgh
1957—
to
'
J 00 >4
—
Interest
the
ster and
carry
stock will have a
sinking fund
period of years.—V. 157, p. 1855.
1942
before
first
"As
deducting
managers
a
The other underwriters
new
a
Notes—(1)
are
Corp.—New
the
the
holders
were
bankers
pre¬
1943
the fixed rate of 3%
S.
after
158, p. 400.
and
1939
and
directors
Sales
1938
1,
101 Via
interest
".' s
*1943
of
and
shares
preferred
15,
v
and
Dec.
1.952—
1937
June 15,
Inc., headed a group of underwriters which
public offering Nov. 10 of $4,500,000 414% first
mortgage sinking fund bonds, due 1958 at 102V2%.
were
1956
End..
Sept. 30
per
Blodgett,
''Income.
said:
at
convertible
shares
authorized
vertible
made
each;
1955-.,.,
101'IV
Year
and
•
.
the;' exchange of one share of the
present
5'k cumulative preferred stock to
for
(Exclusive of
9 Mos. End.
on
$1.25
on
100:l/4
102
*1943.;
special
preferred
308,758
York
record
Sept.
1(4 shares of,new
Earnings—
to
15, 1942, and $1
101
1951-;—
103(2
on
outstanding.
free
taxes
with
compares
Pet.
101*4
1954.—„
1950—:
104
,
Together, in.any case, with accrued
at least 30 days' notice.
share
per
$12,799
a
5$
308,758
of
heretofore
—V.
refundyback dividends
will, pa submitted to
which
United States Realty & Improvement Co.
sum
$1.75
Oct; 1
1953
102(/2
„.
upon
the
on
1949...
Pet.
103
1946_
1182.
authorized;
158, p. 2088.
holders
June
on
1943.
15
new
a
preferred
dividends from Jan. 1, 1944.
provision to retire this issue
in
of
1943
Earns,
U.'s
158, p. 899,
shareholders for approval.
(3)
Dec.
on
of
of
elected
at
6'/o
Phila-'.
P.
105
1947—
for
United States Printing; &
Lithograph Co.—Plans To
Issue New Preferred Stock to Refund Back
Dividends—
as
This
arrears
Secretary
p.
shares
excess
amount
1948...
1945.,;—104 Va
priority stock, payable
charges
heretofore
Depreciation
dividend of 20 cents per share
a
payable
distribution
and Dec. 15, 25 cents.—V.
the
dividend
a
will be $21.75.—V.
the
158,
the
E.
Trust
indenture,
bonds
105 ('a
1944.i——
prior to
may receive
Pot.
1943—
plan, instead of such AGECORP
$5.50 dividend
Begin.
Oct. 1
notes
AGECORP
' Begin.
-/Oct. 1
Begin.
New
United
United States Graphite Co.—20-Cent
Distribution—
The directors
on
for
St.,
Broad
and
Sept. 30—
after
100,000
Wright and
deposit the $165,049 'net pro¬
$142,000 and
collateral
be
in
open market at prices not to exceed 104.
plus interest.—V.
as
37
Corp.—Earnings-
change
Res.
investment
transactions
trustee
series
on
set
The
:
stockholders
Total
would
Joseph J.
ceeds
York,
to
*10
Period
partial liquidating dividend of $24,699
a
charged to capital surplus,
U.
cumulative
Co., Boston—Creates New Preferred Stock
—To Redeem 1st
Mtge. 4s, and 6% Preferred Stock—-
'
Alabama would pay U. P. U.
be
spective
Walworth
Hearing—
Exchange Commission held a hearing
Nov.
by the corporation for approval of certain
as a whole at any time or in part from time to
time,
respective' percentages of their principal amount
during the re¬
12 months' periods beginning Oct, 1 in each
year, as below
forth, namely:
'
company,
the
>
declared
on
share
Yale & Towne
to
of the
at
balance
forwarded
inconie bonds
reorganization
Wieboldt Stores, Inc.—New
22
the
accrued
be
This
I. from no par
par value stock in order to reduce the stock transfer tax
to reduce the number of
common
shares outstanding
by
issuing one share* of hew stock for
standing shares.
It is understood
.
should
of* New
their
15, last, $1.50
Brown,
"Profit.—V.
common.
The management at the same time had
anticipated
stockholders a change in the common stock of U. G.
,
market
there
As
and
for
b6nds due 1958 will also be subject to
redemption at the option
The
Electric
158, p. 1774.
of
per
9 Mos. Ended
the
of properties—and $6,287,063 in cash.
are 23,252,010 shares of U. G. I. common
outstanding the
distribution will be on the basis of one share of Delaware Power for
a
B.
retirement
Shore—the
of
Nov.
holders
member
a
in consideration of
I.
V.
on
amount
sold
issued and
plan
a
Co,
present
Philadelphia, has been
company
case
cents
inYome
&
are
certain
other
Gas
(values
cash
and
71.1
notes
Virginia-Carolina Chemical
by the Third
procedure
administrative
to
consummated.
however,
of
to
Trust
accumulations
Howard
"single
a
$4.45
1943),
3:(i9/
Corp.
Associated
at
Monday, November 29, 1943
1.941
and
Circuit Court of Appeals in the
U. G. I. divestment case does not affect any of the matters covered
by the company's voluntary plan filed under section 11 (E) of the
Public Utility Holding Company Act of 1935, which was
approved by
(b)
or
with
income
&
dividend just declared,
overruled its
unconstitutional
of
15
The
holding at that time of 97.3'// of the stock of
Circuit
Electric
valued
Nov.^ 18,
be issued pursuant
share paid on June
1942.
under
Philadelphia
Electric Co. or 28.59/ holding of the stock of Public Service
Corp. of
New Jersey.
They relate to its holding of eight utilities in
the
"Connecticut" group and one utility and nine non-utilities controlled
by Commonwealth Utilities Corp.
The
fail
directors
account
corporations.
the
of
at
Gas
Dec.
entered
$4.40;
1978
&
Utility Equities Corp.—Accumulated Dividend—
corporations
utility
Bank
of
to
and/or
debentures."—See
Holding Company Act is Unconstitutional—
unanimous
Gas
1943.
1,
who
confirmation
Co. — Court Sustains SEC
Order—Overrules
Company's
Contention
at
due
business
bonds
Public National
York, N. Y.
United Gas Improvement
valued
debs,
of
Dec.
"Income
provision for Federal .taxes charged against earnings
was
$5,246,697 for the first nine months of 1943, compared with
$3,734,378 for the corresponding previous period.—V. 158, p. 682.
Associated
the'principal thereof, together
interest
Note—Total
Divestment
(a)
debentures due 1978
1943—9 Mos.—1942
$617,489
$0.46
of
FINANCIAL CHRONICLE
agreed
exceeding
$7,000,000
to
lend
at
the
any
company
a
the three
sum
in
the
time
.
financial
in¬
aggregate
not
outstanding.
The loan
agreement, as supplemented, provides that the loans
made
thereunder shall be evidenced by demand
collateral notes of the com¬
pany bearing interest at the rate of 2V2'?»
per annum, maturing within
two
,
years from
1942.
As
the date of the first loan which
of Oct.
31, 1943, the amount of loans
pating banks under the aforesaid loan
was
agreement
as
$2,800,000.
Notes
to
made
on
Nov.
23,
outstanding to the partici¬
supplemented
was
Banks
On Oct.
19, 1943, the company entered into an
agreement with Phila¬
delphia National Bank and Pennsylvania Co. for
Insurances on Lives
and Granting Annuities.
Under the
agreement, each of the banks par¬
ticipates to the extent of 509/ in the loan and
agrees for itself und
not for the other to lend to the
company a sum which may
aggregate
but shall not exceed for both of
said banks
$1,000,000. The agreement
provides that any loans thereunder shall- be
evidenced by notes dated
as of the date of
making of the loan, and due on or before Dec
1
1947
but the company is required to
pay in reduction of the
principal of said
notes the sum of $125,000 semi-ann.
on June 1 and Dec. 1
of each year
beginning on June I, 1944.
It is provided that
interest on the notes
shall be at the rate of 3(2 9/
per annum.
Company is permitted at its
option, to make certain prepayments on said loans.
''
' •
Under the
agreement, the company is obligated to maintain
an excess
of current assets over! current
liabilities in an amount of
not less than
,
$7,500,000.
Principal
Underwriters-—The
writers and
the
name
of
each
of
respective amounts underwritten
Stone &. Webster
the
are
principal
as
and
under¬
follows*
Blodget, Inc., $850,000; Biddle, Whelen'&
Co$150,000; Blyth & Co., Inc., $400,000;
Bosworth, Chanute, Loughridge
& Co., $150,000; Alex. Brown &
Sons, $150,000; E. W. Clark &
Co:$150,000; Drexel &. Co.,*'$400,000;
Graham, Parsons & Co., $30,0'000Kidder, Peabody & Co., $400,000; Lee Higginson
Corp., $300 000* W! H
Newbolds' Son & Co., $400,000;
Paine, Webber, Jackson & Curtis'
$300
000; Union Securities Corp., $400,000; Yarnall
& Co.,
$150,000. '
A
-
York Ice
All
of
Machinery Corp. Bonds Called for
payment—
the
$3,913,000 outstanding York Ice
Machinery Corp 1st
sinking fund gold bonds, due Oct. 1,
1947, have been called
for redemption as of April
1, 1944, at 101 and int.
Payment will bemade at the office of The
Pennsylvania Company for
insurances on
Lives and Granting. Annuities,
trustee, Philadelphia, Pa., or at the
Guaranty Trust Co., New York, N. Y.
mtge. 6'./
Holders
said
of
bonds
therefor
these
at
101
bonds
any
and
may
time, before
int.
to
April
at
their
date
1,
option
set
1944,
present
and
surrender
for redemption •
aiid
amounting *3 3 %
receive
15^
Volume
153
Number
4233
THE COMMERCIAL &
State and
FINANCIAL CHRONICLE
2199
City Department
BOND PROPOSALS AND NEGOTIATIONS
ALABAMA
Alabama
1
Bond
Bridge
Call
operation
The
—
Paris
Alabama
Selected to call for payment on Jan.
11, 1944, and do hereby separately
1 and severalty call for redemption
said
on
date, all of
July 1, 1937,
heretofore issued by the Alabama
Bridge Authority, Inc., and which
the
bonds
dated
.now remain
outstanding, such redemption and payment to be made
v
J with respect to each of
in
an
amount
said bonds
equal to
the prinaccrued inter-
1 cipal
the
Street
No. 2
Bridge Authority, Inc,. and Ala-,
; bama Bridge Finance Corporation
;have
separately
and
severally
; and payment
of
accord¬
system,
Awarded
'
that that amount
all
unpaid interest
coupons applicable thereto should
1 be presented for payment either
paving
districts out
to
the
of
its
of
one-fifth
extent
street
1932,
bile.
claims
the office of the
at
State
until
Treasurer,
,
or
the office of the
ai
fiscal agent for the State in New
:
1 York
City.;'
I.."
/"-v h
ARKANSAS
Arkansas (State
*
Local Units May Claim Portion
of State Revenues—A resolution
*
urging cities and counties to claim
share
a
.
of
other
and
the
State
income
tax
large revenue-produc¬
ing levies at the .1945 session of
the Alabama General
Assembly is
under
consideration
by
the
Ar¬
kansas Municipal League.
The proposal, which may be re¬
ferred by the Resolution Com¬
mittee, would
mendation
endorse
made
a
by
recom¬
Alderman
Sam Wassell of Little Rock.
Mr.,
Massell is Vice-President of the
organization.
The
t
State
mately
receives
,
approxi¬
$9,000,000
annually from
premiums, to¬
bacco, inheritances, incomes and
liquor,'and reimburses neither
levies
cities
insurance
on
nor
"The
fire
cities
the police,
protection where
"Persons who
collected,"
own
prop¬
should
erty
not be required to
all the burden.
Income
ought to pay part of it. In¬
carry
taxes
taxes
come
in Tennessee go
60%
to the community which produces
it.
That is the modern idea.
cities get
The
nothing in Arkansas.
the State of
In
Washington, the cities
get 57% of the liquor tax because
they produce it and because they
police and regulate its sale.
The
is
same
true
-"Whenever
of
the
the
tobacco
is
matter
put to the Legislature and
sion
made
a
on
fair
tax.
clearly
a
divi¬
basis,
the
cities and counties will have suf¬
Storey,
Jr., Superintendent of State Re¬
funding Department, reports that
the board purchased through ten¬
ders on Nov. 22, $145,885.84 noninterest bearing series
B State
Road District refunding bonds for
of
$140,391.84.
Top price
paid fo£ bonds was 96.27.
Cabot, Ark.
.
Sued
on
struction
filed
suit
United
Default
—
Finance
Corporation
against the city in the
District
States
Little Rock
Court
at
judgment in the amount of $5,136 alleged to.be due the corpor¬
ation, in defaulted
interest
on
Its
holdings of city water works reve¬
nue
refunding and improvement
bonds.
the
The
court
operate
suit
appoint
requested
a
maintain
and
that
receiver
to
the water
system and
ascribed the default
by the city
on
to
inefficient
the" indebtedness
and
uneconomical
time
was
mately
tried in Logan Cir¬
street fund,
but Circuit Court granted the re¬
lief asked and awarded a $3,600
judgment against the city.
held
Paris
ordinance
the
valid
the Mayor and six Councilmen
at time of its passage owned prop¬
as
District No. 2. The Su¬
Court disagreed. It pointed
in
erty
preme
that
out
formed
the
district
until
not
was
later, but
since it provided for districts to
be
organized
after
enactment,
a
year
ownership of the city fathers did
not
invalidate
the
Nov.
on
of
19—v.
awarded
to
New
York, at
0.4295%
discount,
according to
Hugh Oefinger, Town Treasurer.
Dated
Nov.
22, 1943.
Due on
June 22, 1944.
The only other bid was an offer
of 0.47%
discount, • tendered by
ordinance.
Fund
Surplus Put At $103,141,-
excess in the gen¬
eral fund of the State of Califor¬
nia
to
$103,141,460 as of Oct.
31 ffom $60,075,972 a year
earlier,
an
increase
of
$43,065,488, the
monthly report of Harry B. Riley,
State Controller, showed on Nov.
rose
15.
The surplus as of Oct. 31 is
exclusive of $25,000,000 that was
appropriated
from
the
general
fund and set. aside in the
tastrophe
war
fund.
reserve
Board
of
Administration,
that the Board will receive sealed
bids at his office in
Tallahassee,
until
10
a.m.
Dec.
on
7, for the
purchase of $100,000 coupon SBA
refunding, Series 1944 bonds. De¬
nomination $1,000.
1944. Due on Jan.
Dated Jan.
1,
1, 1953. Prin¬
cipal and interest payable at the
Atlantic National Bank, Jackson¬
Bonds to bear interest in
ville.
$103,141,460 cash
of Oct. 31, $.18,622,179 is
as
by cash
hand.
on
excess
repre¬
A total
of
$67,757,000 is represented by
bond investments, and the balance
is
held
funds
in
and
various
other
State
available for
is
trans¬
fer to the general fund.
hand
excess
as
The $60,-
of Oct.
$8,876,999
31, 1942,
cash on
in¬
in
and $30,980,000 of bond
vestments,
well
as
as
cash held in
other funds.
The
State
July 1
four
in
the
period
from
through Oct. 31, the first
months
of
its
current
fiscal
had general fund cash re¬
ceipts of $86,059,055, compared
with $87,875,803 in the four-month
period
of' the preceding fiscal
year,
the
Disbursements
general
fund
made
from
amounted
to
$67,150,221 in the four-month pe¬
riod, compared with $41,661,231
last year.
Among
the
which
accrue
bank
and
items
of
revenue
to the general
corporation
franchise
and income taxes rose to
529
in
from
the
taxes, which
to
the
$24,509,-
four-month
$15,739,405 last
are
fund,
year.
period
Sales
directed in part
general fund,
declined
$46,690,599 from $49,621,795.
gasoline tax collections, which
used
for
amounted
highway
to
to
multiples of
xk
l/10th of
or
in
gally
Jan.
1974,
at
par
with
on
Jan. 1,
or
terest
Due
livered
1964,
on
date
ed
1
bonds.
District No. 2
Jan.
est
price therefor, the Board re¬
serving the exclusive and unqual¬
ified
right
to
determine
who
Due
the
interest
by a pledge of the
faith, credit and taxing power
of said District, and an additional
pledge of said District's distribu¬
tive share of
gallon
a
of 2
tax
sales
cents per
of
gasoline or
products of petroleum
accruing under Section 16 of Ar¬
other
on
like
ticle IX of the Constitution of the
State, by the terms of which the
Legislature of the State is re¬
quired to continue the levy of said
a period of 50
years from
tax for
Jan.
1, 1943, and
withdrawing
is
prohibited
the proceeds
thereof from the operation of said
constitutional
provision
during
said period.
The bonds will be
awarded to the bidder whose bid
produces the lowest interest cost
after
deducting the premium of¬
fered, if any. Interest on the pre¬
mium, if any, will not be consid¬
ered
as
deductible in determining
the net interest cost.
In determin¬
ing the net interest cost, interest
will be computed to the
maturity
date from Jan. 1, 1944. Said bonds
will
be
issued
and
sold
by the
State Board of
Administration, a
body corporate composed of the
Governor, Comptroller and Treas¬
urer of the
State, created by and
existing under Section 16 of Ar¬
ticle IX of the Constitution of the
State, and pursuant to the applic¬
able
statutes
of
the
State
and
a
resolution
duly adopted by said
Board, and will be validated by
judicial
decree.
References
to
said
bonds.
sonville,
bonds
to
are
the
effect
Due
such
valid and legally bind¬
ing obligations of the State Board
of
are
on
Administration, acting for and
behalf of said
requested,
a
District and, if
copy
of
the
tran¬
the script of the proceedings involved
of
Administration,
as
follows: $13,000 in
$50,000
in
1956, and
$26,000 in 1957.
84,000 Special Road and Bridge
■
District No. 6 bonds.
1
follows:
as
Due
on
$24,000 in
1958, and $60,000 in 1959. <
174,000 Special Road and Bridge
District No. 7 bonds.
1
as
1960 and
Due
on
follows:
$60,000 in
1961, and $54,000 in
1962.
Due
of
Article
accrued
interest,
Hardee Co., and
IX
of
the
the following
Spec. Road and
Bridge District, refunding bonds:
County Road and Bridge, aggre¬
gating $501,000.
Spec. Road and Bridge Dist. No.
1, aggregating $78,000.
Spec. Road and Bridge Dist. No,
2, aggregating $187,000.
Spec. Road and Bridge Dist. No.
3, aggregating $89,000.
Spec. Road and Bridge Dist. No,
6, aggregating $84,000.
Spec. Road and Bridge Dist. No.
7, aggregating $174,000.
Spec. Road and Bridge Dist. No.
160,000 Special Road and Bridge
District No. 16 bonds.
16
Constitution, has elected to
on
1
16, aggregating $160,000.
on
Indian
River County,
Wabasse
Bridge Dist. (P. O. Vero Beach),
;,f Jan. 1 as follows: $20,000 in
1962, and $72,000: in 1963 and
1964.
Fla.
Denomination $1,000. Dated Jan.
Bond Offering—Sealed bids will
be
received by the State Board
Administration, at the office of
Secretary J. M. Lee, in Talla¬
Bonds to bear interest in mul¬ hassee, until .10 a.m. on Dec. 7,,
for the purchase of $60,000 coupon
tiples of Vi or 1/ 10th of 1%, at
the lowest rate obtainable when refunding SBA, Series 1944 bonds.
sold at par, or at 3% when sold Denomination, $1,000, Dated Jan.
to the bidder who will pay the 1, 1944. Due on Jan. 1,1959, Prin.
highest price therefor, the Board and int. payable at the Florida
reserving the exclusive and un¬ National Bank & Trust Co., Miami.
qualified right to determine who Bonds to bear interest expressed
is the best bidder and to reject in multiples of Va or one-tenth of
any or all bids.
The payment of 1%, at the lowest rate obtainable
said bonds and the interest there¬ when sold at par, or at 3% when
1, 1944.
Principal and interest
payable at the Exchange National
Bank, Tampa.
on
the
like
unqualified
who
of
the
Constitution
of
be
awarded
whose bid
terest
to
the
as
any,
by
Section
16
and
of
Article
IX
and
under
distributive
two
the
in¬
cents
Section
Constitution
the
terms
of
of
a
of the
which
of
the
per
16 of Article IX of
the
ture
share
gallon on
gasoline or other like
of petroleum accruing
of
sales
State
State,
the
is
by
Legisla¬
required
to
continue the
levy of said tax for
a period of 50 years from Jan.
1,
1943, and is prohibited from with¬
drawing the proceeds thereof from
will not
the operation of
said constitutional
provision during said period. The
bonds will be awarded to the bid¬
der whose
bid produces the low¬
interest
est
cost after deducting
premium offered,; if any. In¬
terest on the premium,'if any, will
the
not be considered
as
deductible in
determining the net' interest cost.
In
determining
cost,
under
of
of
products
deductible in de¬
existing
thereon will be secured
tax
by the State Board of Adminis¬
tration, a body corporate com¬
posed of the Governor, Comptrol¬
ler and Treasurer of the State,
created
of
District's
produces the lowest in¬
after
deducting the
premium offered, if
to
by
pledge of the full faith, credit
taxing power of said District,
and an additional pledge of said
cost
be considered
said'bonds
and
The pay¬
all bids.
and
bidder
the
or
determine
a
State, by the terms of which the
Legislature of the State is re¬
quired to continue the levy of
said tax for a period of 50 years
from Jan. 1, 1943, and is prohib¬
ited from withdrawing the pro¬
ceeds thereof from the operation
of
said
constitutional
provision
during said period.
The bonds
will
any
to
bidder
ment
products of petroleum accru¬
under Section 16 of Article
IX
pay
terest
a
ing
right
the -best
is
reject
tax of 2 cents per gal¬
sales of gasoline or other
on
will
who
bidder
highest price therefor, the
Board reserving the exclusive and
of Hardee County and the
Special Road and Bridge Districts
and an additional pledge; of said
county's and districts' distributive
lon
the
to
the
power
share of
of
sold
will be secured by a pledge of
full faith, credit and taxing
.
that
a
the
exercise its option to call and re¬
deem on Jan. 1, 1944, at par plus
,
The
approving opin¬
Patterson, of Jack¬
Section
in
in
as
termining the net interest cost.
In determining the net interest cost |
said Constitutional
provision, stat¬ interest will be
computed to the
utes and resolution
may be had
maturity dates from Jan. 1, 1944.
for a more detailed
description of Said bonds will be issued and sold
ion of Giles J.
Board
State
on
1955,
is
thereon
Due
Special Road and Bridge
Jan.
of
the said Board, successor to
the Board of County Commission¬
ers of Hardee
Co., by virtue of
on
follows: $50,000
1954, and $37,000
to
•
bonds.
District No. 3 bonds.
the best bidder and to reject any
or all bids.
The payment of said
and
1
1952
1955
Jan.
2%
that
1, 1951.
187,000 Special Road and Bridge
Jan.
for
by J. M. Lee, Secretary of the
State
Special Road and Bridge
89,000
check
of said
Enclose
Bond Redemption—It is report¬
in¬
there¬
after.
78,000
purchasers
bonds
bid
for, payable to the
State Board of Administration.
interest
or on any
payment
the
to
certified
right to
part thereof
accrued
the
Administration,
proceedings involved will be de¬
the
any
obligations/'of
of
bonds, without charge.
bonds.
plus
Board
acting for and on behalf of said
County and Special Road and
Bridge Districts and, if requested,
a
copy of
the transcript of the
$1,273,000:
redeem all
binding
State
Secretary of the
Administration,
$501,000 County
1%,
sold at par, or at 3 % when sold to
the bidder who will pay the high¬
Net
purposes,
$15,290,155
aggregating
at the lowest rate obtainable when
from
Of the
sented
ca¬
of
District No.
full
460—The cash
Lee,
Jan.
County Spec. Road and
Bridge Dist. No. 1 (P. O. Gaines¬
ville), Fla.
Bond Offering—It is announced
by J. M. Lee, Secretary of the
will be secured
California (State of)
M.
Board
detailed
more
son, of Jacksonville, to thjfe effect
that such bonds are valid and le¬
10 a.m. on Dec.
7, for the
purchase of the following coupon
SBA refunding, Series 1944
bonds,
1
Alachua
bonds
CALIFORNIA
J.
Constitutional
a
description of said bonds. The ap¬
proving opinion of Giles J. Patter¬
Fla.
by
said
be had for
may
Offering—It is announced
State
to
provision, statutes and resolutions
County (P. O. Wauchula),
Bond
.,
the First National Bank of Boston.
FLORIDA
Reference
the
Hardee
,
.
State
its
Co.
has
a
bond maturities
$2,000 in
sale
2093—were
&
notes
and
district
the
cuit Court in April, 1943, and the
$3,600 judgment awarded.
The
City of Paris then had approxi¬
Nov. 20, seeking a
on
that
district
;
The suit
year.
The Recon¬
the
It demanded
1943.
included
Bonds Purchased—F. A.
sum
for
075,972
ficient money to operate on."
a
Since
1942
for
p.
of
until
$500,000
„
additional
city
contribution of $900 annually for
each of the four years.
The dis¬
trict showed a $5,000 default had
furnish
health
most of the sales tax is
he said.
1939.
including
:
and
No
filed by
were
filed claims.
municipalities, Mr. Was¬
sell said.
by the city from 1929
further payments
been made in its
of )
Contributions
but
refused.
were
158,
Leavitt
bonds.
made
were
to
Sale—The
value
par
for, payable to the State
Tallahassee,
Stamford, Conn.
Note
offered
the
adopted by said Board, and will
be validated by judicial decree.
pur¬
without
certified check
that the Board will receive sealed
bids at his office in
CONNECTICUT
The
the maturing bonds.
at the First National Bank of Mo¬
or
of
2%
the
to
bonds,
a
Board of Administration.
Flagler, Colo.
Refunding Issue Approved—The
ordinance was passed in 1927.
It
provided the city should aid Paris
funds
said
Enclose
bonds bid
owed Street
was
delivered
of
charge.
Paris, as an incentive
To\vn
Council passed
an
ordi¬
organization of improvement
nance calling for an issue of
$65,pave the streets, cost
000 refunding bonds to be dated
that city $3,600 when the Arkan¬
1, 1939.
sas Supreme Court ruled Nov. 151 July
$143,000 in
with
year.
to
Improvement District No. 2.
be
chasers
districts to
bonds
,
will
with
corresponding
Judgment—
of
Street Improvement District No.
2
was
formed later and
issued
1
compared
the
COLORADO
ordinance passed by the City
Council
and
in
for
District
thereof plus
est thereon and a premium of 5%
of the principal
thereof.
Such
1
$17,438,154
period last
(P. O. Paris), Ark.
District
An
Improvement
period
same
ing to report.
Authority
to the
the
interest
the
will
net
be
interest
computed
maturity date from Jan. 1,
Said bonds will be issued
Constitution of the State, and pur- i 1944.
and sold by the State Board of
suant to the
applicable statutes of
the
State
and
resolutions
<
duty Administration, a body corporate
2200
THE COMMERCIAL & FINANCIAL CHRONICLE
composed of the Governor, Comp¬
troller and Treasurer of the
State,
created
under
by
Section
and
16
of
existing
Article
IX
of
the
Constitution of the State, and pur¬
applicable statutes of
suant to the
the
State
and
resolution
a
duly
adopted
by said Board, and will
validated by judicial decree.
be
Reference
to
said
Constitutional
jprovision, statutes and resolution
be
may
had for
a
detailed
more
State, and pursuant to the ap¬ vision,
statutes
and
resolution
plicable statutes of the State and may be had for a more detailed
a resolution duly adopted by said
description of said bonds. The ap¬
Board, and will be validated by proving opinion of Giles J. Pat¬
judicial decree. Reference to said terson, of Jacksonville, to
the
Constitutional provision, statutes effect that such bonds are valid
and resolution may be had for a and legally binding
obligations
of the State Board of Adminis¬
more detailed description of said
bonds. The approving opinion of tration, acting for and on behalf
Giles J. Patterson, of Jacksonville, of said County and, if requested,
to the effect that such bonds are a copy of the transcript of the
valid and legally binding obliga¬ proceedings involved will be de¬
description of said bonds. The ap¬ tions of the State Board of Ad¬ livered to the purchasers of said
proving opinion of Giles J. Patter¬ ministration, acting for and on be¬ bonds, without charge. Enclose a
check for
son, of Jacksonville, to the effect half of the above Districts and, if certified
2%
of 'the
that such bonds
gally
binding
State
Board
valid and le¬
are
obligations of the
*
Administration,
acting for and on behalf of said
of
District and, if requested, a copy
of
the
ings
to
transcript of the proceed¬
involved
will be delivered
purchasers of said bonds,
the
without
fied
charge.
for
check
bids
for,
Enclose
a
certi¬
of
the
bonds
to
the
State
2%
payable
Board of Administration.
V
Bond Redemption—It is report¬
ed by J. M. Lee, Secretary of the
State
that
Board
the
said
the Board of
of
ers
of
Board, successor to
County Commission¬
River Co., by vir¬
Indian
of
Section
the
State
tue
of
Administration,
16
of
Article
IX
Constitution, has
its option to
call and redeem on Jan. 1, 1944,
at par plus accrued interest, Wabasso Bridge District, Bridge re¬
funding bonds, Nos. 41 to 46, 51,
52 and 65 to 76, aggregating $60,elected
to
exercise
000.
Dated July
1, 1936. Denomina¬
tion $1,000. Due July 1, 1968. Pay¬
ing agent for these bonds is the
Guaranty Trust Co., New York
City.
Interest
ceases
on
date
K
called.
.v
•
Martin County (P. O. Stuart), Fla.
Bond Offering—It is announced
J.
by
Lee,
M.
State
Board
Secretary
of
of
the
Administration,
that the Board will receive sealed
bids
his
at
until
10
office in
Tallahassee,
Dec
of the tran¬
script of the proceedings involved
will be delivered to the purchas¬
requested,
copy
a
Martin
of
ers
16
Section
Co.,
virtue of
by
IX
Article
of
of
the
has elected to
option to call and re¬
deem on Jan. 1, 1944, at par plus
accrued
interest,
the following
Martin Co., and Spec. Road and
refunding
exercise- its
;
,
Dated July 1, 1936.
Road
and
Pinellas County, St. Petersburg
Bridge, ag¬
State
No.
Spec. Road and Bridge
12, aggregating $21,-
that
of
the
Bond
000.
Spec. Road and Bridge District
aggregating $82,000.
No. 18,
Monroe County (P.
Fla.
O. Key West),
Bond Offering—It is
J.
by
Secretary of the
of
Administration,
Lee,
M.
State
announced
Board
that the Board will receive sealed
bids
his
at
10
until
a.
in
office
m.
Tallahassee,
Dec.
on
7, for the
ing,
by
J.
Offering—It is announced
M.
State
Lee,
Board
of
Secretary of the
Administration,
that the Board will receive sealed
bids
his
at
until
10
office
a.
purchase
m.
on
in
Tallahassee
Dec.
of $50,000
7, for the
SBA
refunding, Series 1944 bonds. De¬
nom.
$1,000. Dated Jan. 1, 1944.
Due
on
Jan. 1, 1950.
interest
Trust
coupon
payable
Co.,
St. Petersburg. Bonds
to bear interest
tiples of
Prinicpal and
at 'the
Union
V4
expressed in mul¬
one-tenth of 1%,
or
at the lowest rate obtainable when
sold
to
at
the
par,
at 3%
or
bidder
who
when sold
will
pay
the
highest price therefor, the Board
reserving the exclusive and un¬
qualified
right
to
determine
in
1945
to
and
4938 4948 4951 4956 4957 4961 4967
4970 4971 4975 4986 4988 5001 5009
said
Board, successor to
the Board of County Commission¬
ers of Polk Co., by virtue of Sec¬
5011 5015 5021 5022 5024 5025 5032
5100 5102 5103 5108 5109 5111 5115
5116 5121 5127 5130 5131 5132 5135
tion 16 of Article IX of the State
Constitution,
and redeem
has
elected
to
5139 5140 5145 5154 5156 5157 5160
call
5163 5184 5185 5188 5189 5198 5210
Jan. 1,
1944, at par
plus accrued interest, the follow¬
ing Spec. Road and Bridge Dist.,
refunding bonds:
"
r
on
St.
5390 5404 5405 5411 5414 5417 5418
5420 5424 5428 5431 5433 5437 5439
5441 5443 5444 5996 5499
.■
Chicago Sanitary District, III.
Dist. No.
v
y.V
Dist. No.
Bond Sale—The
annual
Nov.
Dist. No.
M. Lee, Secretary of the
State
Board
of
Administration,
that the said Board, successor to
the Board of County Commission¬
ers of St. Lucie Co., by virtue of
of
3% when sold to the bidder
will
is the best bidder and to
re¬
16
of Article XI of the
Constitu¬
highest1 price ject any or all bids. The payment tion of the
State, by the terms of
therefor, the Board reserving the of said bonds and the interest which the
Legislature of the State
•exclusive and unqualified right to thereon
will
be
secured
by a is
required to continue the levy of
determine who is the best bidder pledge of the full faith, credit and
said tax for a period of 50
years
and to reject any or all bids. The taxing power of said
County, and from Jan.
1, 1943, and is prohib¬
additional
payment of said bonds and the an
pledge
of
said ited from
withdrawing the pro¬
interest thereon will be secured
by County's distributive share of a ceeds thereof from the
operation
a pledge
of the full faith, credit tax of two cents per gallon on of said
constitutional
provision
and taxing power of the above sales
of gasoline
or
other like
during said period. The bonds will
Districts, and an additional pledge products of petroleum accruing be awarded to the
pay
the
of the Districts' distributive share
of a tax of two cents
gallon
other like
per
sales of gasoline or
on
under Section 16 of Article IX of
the
Constitution
the
terms
of
of the
which
State, by
the
Legisla¬
required to
under
Section
16
of
Article continue the levy of said tax for
IX
of
the
Constitution
of
the a period of 50 years from January
State, by the terms of which the 1, 1943, and is prohibited from
legislature of the State is re¬ withdrawing the proceeds thereof
quired to continue the levy of from the operation of said con¬
.said tax for a period of 50
years stitutional provision during said
from Jan. 1, 1943, and is
pro¬ period. The bonds will be award¬
-products
of
petroleum
accruing
ture
hibited
from
withdrawing
the
proceeds thereof from the opera¬
duces
tion
of
the
is
State
after
of
said
constitutional
ed
to
the
bidder
the
whose
lowest
bid pro¬
interest
cost
deducting the premium of¬
period. The fered, if any. Interest on the prem¬
bonds will be awarded to the bid¬ ium, if any, will not be consid¬
vision
during
der whose bid
pro¬
said
ered as deductible in
determining
deducting the net interest cost. In determin¬
the premium offered, if any. In¬ ing the net interest
cost, interest
will be computed to the respective
terest on the premium, if
any,
will
not
be
considered
as
de¬ maturity dates from Jan. 1, 1944.
est
interest
after
determining the net Said bonds-.will be issued and
In determining the sold by the State Board of Admin¬
interest cost, interest will be istration, a body corporate com¬
ductible
interest
net
produces the low¬
cost
in
cost.
computed ' to the maturity date
from Jan. 1, 1944. Said bonds will
be issued and sold by the State
Board
of
Administration,
a
body
corporate
composed of the Gov¬
ernor, Comptroller and Treasurer
of
the State,
created by and
ex¬
posed of the Governor, Comptrol¬
ler and Treasurer of the
State,
created
and
existing under Sec¬
tion 16 of Article IX of the Con¬
stitution of the State, and pursu¬
ant to the applicable statutes of
the State and a resolution
duly
adopted by said Board, and will be
isting under Section 16 of Article validated
by judicial decree. Ref¬
IX
of
the
Constitution
of
the
erence to
said Constitutional pro¬
on
2094—were
awarded to a syndicate
composed
of the Harris
Trust & Savings
p.
the
Constitution, has elected to
call and redeem, on Jan. 1, 1944,
at par plus accrued interest, Spec.
Road and Bridge Dist., Road and
Bridge refunding bonds, Nos. 1 to
30, aggregating $30,000.
Dated July 1,
1937. Denomina¬
July 1, 1967. Pay¬
ing agent for these bonds is the
Trust Co., First National
Bank,
City National Bank & Trust Co.,
the American. National
and
&
Bank
Trust
Co., all of Chicago,
l%s, paying a price of 100.95,
net
interest
The bonds
cost
of
about
divided
are
$2,000,000
as
as
a
1.66%,
follows:
refunding,
Series
G
bonds. Dated Jan. 1, 1944. Due
Jan. 1, 1964; optional $100,,000 from Jan. 1, 1945 to 1963,
or
on
interest
any
payment
dates thereafter.
$1,000,000
sewer
construction, Ser¬
tion $1,000. Due
ies
Chemical Bank & Trust
1943. Due Jan. 1, 1963; option¬
al Jan. 1, as follows:
$50,000
York
City. Interest
called.
'
Suwannee
Live
until
10
a.m.
on
1,
in
1949,
$55,000 in 1950,
in
1954, $50,000 in 1955, $55,in 1956, $50,000 in 1957,
$55,000
in
1958, $50,000 in
1959, $55,000 in 1960, $50,000
in 1961, and $55,000 in 1962,
or
on
any interest payment
000
Perry
A.
Holmes, Secretary Board of Pub¬
lic Instruction, will receive sealed
bids
Dec.
$50,000 in 1951, $55,000 in
1952, $50,000 in 1953, $55,000
v
Oak), Fla.
—
bonds.' Dated
1945, $55,000 in 1946, $50,-
000
Special
Tax
No. 1 (P. O.
Offering
4
in
date
.
County
School District
Bond
Co., New
ceases on
Dec.
7
•
for
the" purchase
dates thereafter.
Other bids
were
as
follows:'
Syndicate composed of Halsey,
..
who
158
Northern Trust Co., Con¬
tinental Illinois National Bank &
Bond Redemption—It is report¬
IX
bonds offered for sale
23—v.
'
$3,000,000 semi¬
Bank,
ed by J.
Article
5282 5285 5287 5288 5290 5291 5293
5300 5302 5304 5307 5312 5314 5315
5323 5355 5358 5359 5361 5385 5386
Dist. No.
County (P. O. Fort
Pierce), Fla.
of
5252 5257 5259 5265 5268 5271 5272
Dist. No.
Lucie
16
5213 5214 5215 5223 5229 5231 5233
5241 5242 5243 5245 5246 5247 5251
Dist. No.
of $40,000 4% re¬
funding bonds. Dated Jan. 1, 1944.
1947, $150,000 in 1948
Interest J-J. Denomination $1,000.
1949, and $100,000 in 1950.
who is the best bidder and to re¬
1954.
'
Due Jan. 1, as follows: $2,000 in
Principal and interest payable at
ject any or all bids. The payment 1945 to
1948, $3,000 in 1949 to
$82,000 Spec. Road and Bridge the First National Bank, Miami.
of
said
bonds
and
the interest
Dist. 18 bonds. Due on Jan. 1,1954. Bonds to bear interest expressed
1956, and $4,000 in 1957 and 1958.
thereon
will
be
secured
by a Bonds
Denom. $1,000% Dated Jan.
maturing on Jan. 1, 1955
1, in multiples of lk or one-tenth of
1944. Prin. and int. payable at the 1%, at the lowest rate obtainable pledge of the full faith, credit and and subsequently, being callable
taxing power of said District, and at
Florida National Bank & Trust when sold at par, or at 3% when
par any interest date on
or
an additional
pledge of said Dis¬ after Jan.
1, 1954. Purchaser must
Co., Miami. Bonds to bear interest sold to the bidder who will pay
trict's distributive share of a tax
accept delivery of said bonds not
expressed in multiples of % or the highest price therefor, the
of two cents per gallon on sales of
later than Dec.
one-tenth of 1%, at the lowest Board reserving the exclusive and
15, 1943.
The
gasoline or other like products of bonds have been validated in the
rate, obtainable when sold at par, unqualified right to determine
petroleum accruing under Section Circuit Court of Third Judicial
or at
who
Vist. No. 16 bonds. Due/on Jan. 1,
4916 4920 4927 4929 4930 4935 4936
Administration,
State
(P. O. Clearwater),
Fla.
District No.
Spec. Road and Bridge Dist. No.
16, aggregating $51,000.
13
4846 4848 4849 4852 4853 4912 4914
Lee, Secretary of the
Board
Section
Spec. Road and Bridge Dist.
gregating $12,000.
'Stuart
Denomina¬
$1,000. Due July 1, 1966. Pay¬
ing agent for these bonds is the
Guaranty Trust Co., New York
City.
4800 4804 4807 4808 4810 4812 4813
4818 4822 4824 4827 4835 4837 4838
Bond Redemption—It is report¬
ed by J. M.
;
aggregating
4781 4783 4785 4788 4794 4796 4799
County (P. O. Bartow), Fla.
V''/';:\:-;
.
tion
Bridge District, refunding bonds:
County
bonds
$881,000.
State Constitution,
Series 1944 coupon bonds.
Denom. $1,000. Dated Jan. 1, 1944.
Due on Jan. 1 as follows: $100,000
7, for
Polki
En¬
certified check for 2%.
-
purchase of $700,000 SBA refund¬
on
a
■
the
m.
for, payable to the State
of Administration.
bonds, without charge.
close
Spec. Road and Bridge
Bond Redemption—It is report¬ 2, aggregating $6,000.
ers of said bonds, without charge.
Spec. Road and Bridge
ed by J. M. Lee,
Secretary of the
Enclose a certified check for 2% State
3, aggregating $9,000.
Board
of
Administration,
of the bonds bid for, payable to that the
Spec. Road and Bridge
said Board, successor to
the State Board of Administra¬ the Board of
County Commission¬ 10, aggregating $5,000.
tion. /--"v;/ -V.M
■/'■ Spec. Road and Bridge
ers of Monroe
Vy,;v:.
Co., by virtue of
Bond Redemption—It is report¬ Section '16 of Article IX of the 12, aggregating $18,000.
Spec. Road and Bridge
ed by J. M. Lee, Secretary of the State Constitution, has elected to
State
Board
of
Administration, exercise its option to call and re¬ 15, aggregating $13,000.
Spec. Road and Bridge
that the said Board, successor to deem on Jan. 1, 1944, at par plus
16, aggregating $10,500.
the Board of County Commission¬ accrued interest, Road, and Bridge
'purchase of the following SB A
refunding,
Series
1944
coupon
bonds aggregating $133,000:
$51,000 Spec. Road and Bridge
a.
bonds bid
Board
said
Monday, November 29, 1943
Stuart & Co., Otis & Co., Strana-
han, Harris & Co., Inc., E. H. Rol¬
Mullaney, Ross & Co.,
Eastman, Dillon & Co., and Miller,
Kenower
&
Co.,
bidding
for
$3,000,000, as l%s, a price of
lins & Sons,
100.28.
Syndicate
man
Co.,
composed of HarriRipley & Co., Inc., Blyth &
Illinois Co., Chicago, Mer¬
Circuit in and for the County, by
cantile-Commerce Bank
final
Co., St Louis, A. G. Becker & Co.,
Lee
Higginson Corp., First of
Michigan Corp., Kebbon McCormick & Co., Wisconsin Co., Mil¬
waukee, Bacon, Whipple & Co.,
Milwaukee Co., Milwaukee, Mar¬
tin, Burns & Corbett, Stern Bros.
decree, dated Sept. 17, 1943.
Enclose a certified check for. $500,
payable to the Board of Public
Instruction.
ILLINOIS
Chicago, III.
&
Trust
& Co., Farwell, Chapman & Co.,
B. Upham, City First National
Bank, Minneapolis,
is calling for pay¬ and First National Bank, St. Paul,
bid produces the lowest
ment on Jan. 1, $306,000 3% re¬
for $2,000,000 as l%s, a price of
cost after deducting the
premium funding bonds, dated Jan. 1,1937,
100.09, and $1,000,000 as 13/4S„ a
offered, if any. Interest on the selected by. lot.
They represent price of
100.16,
premium, if any, will not be con¬ part of an outstanding issue of
Syndicate
composed
of
John
sidered as deductible in determin¬
$1,001,000, which originally be¬
Nuveen & Co., C. F. Childs & Co.,
ing the net interest cost. In de¬ came callable on Jan. 1, 1942. The
R. S. Dickson & Co., Braun, Bostermining the net interest cost, redemption on the first of next
interest will be computed to the year will reduce the outstanding worth & Co., Schoellkopf, Hutton
& Pomeroy,
White-Phillips Co.,
maturity date from Jan. 1, 1944. amount of bonds to $695,000. The
The bonds will be issued and sold bonds to be redeemed are as fol¬ E. W. Clark & Co., Fahey, Clark
& Co., Ryan, Sutherland & Co.,
by the State Board of Adminis¬ lows:'^.
tration, a body corporate com¬ 4004 4011 4014 4018 4027 4028 4046 Alfred O'Gara & Co., H. V. Sattley
Co.,
First
Cleveland
Corp.,
posed of the Governor, Comp¬ 4047 4048 4049 4050 4052 4065 4069 &
Weil. Roth & Irving Co., McDontroller and Treasurer, created
by 4071 4072 4081 4082 4083 4085 4086
and
existing under Section 16 4090 4091 4095 4097 4098 4104 4115 ald-Coolidge & Co., Kalman &
of Article IX of the Constitution 4121 4135 4150 4151 4182 4183 4193 Co., H. C. Speer & Sons Co.yBaum,
of the State, and pursuant to the 4195 4196 4197 4201 4202 4208 4211 Bernheimer Co., Harold E. Wood
applicable statutes of the State 4213 4222 4223 4224 4230 4232 4233 & Co., Merrill, Turben & Co.,
and a resolution duly
adopted by 4234 4283 4288 4292 4293 4294 4295 Blair, Bonner & Co., McDougal
&
said Board, and will be validated 4299 4303
Condon, J. M. Dain & Co.,
4305 4315 4318 4319 4320
by judicial decree. Reference to 4321 4329 4347 4348 4362 4372 4373 Kline, Lynch. & Co.,1 -Einhorn &
said Constitutional
provision, sta¬ 4375 4376 4389 4403 4407 4416 4417 Co., Fox, Reusch & Co., C. S.
tutes and resolution may be had 4421 4422 4423 4424 4425 4427 4428 Ashmun
Co., and Widmann &
for a more detailed
description of 4429 4430 4431 4434 4438 4441 4442 Holzman, bidding for $2,000,000 as
bidder
whose
interest
Bond
Call—R.
Comptroller,
said bonds. The
approving opinion
of Giles J. Patterson of Jackson¬
4445 4446 4451 4452 4454 4458 4459
ville, to the effect that such bonds
4533 4542 4543 4549 4553 4559 4565
are
valid and
legally binding ob¬
4460 4465 4473 4479 4506 4523 4527
2s
a
Bonds Offered for Investment—
4568 4571 4573 4576 4577 4587 4588
The
of
4592 4594 4597 4599 4600 4605 4611
the
Administration, acting for and on
behalf of said District
and, if re¬
quested, a copy of the transcript
4650 4654 4656 4658 4678 4681 4682
ligations
of
of
the
State
Board
the proceedings involved will
be delivered to the purchasers of
4613 4620 4622 4626 4627 4637 4645
4689 4691 4703 4705 4707 4714 4717
price of 100.53 and $1,000,000
also 2s, a price of 100.59.
successful
above
bidders
bonds
for
scription with
an
ity date from
1949 to
reoffered
public sub¬
optional matur¬
1964,
on
4718 4720 4721 4725 4728 4729 4731
scale to
4732 4736 4762 4766 4768 4775 4780
according to maturity desired.
a
yield from 1.20% to 1.70%,
Volume
THE COMMERCIAL, & FINANCIAL CHRONICLE
Number 4233
158
Harlan County:(P. O. Harlan), Ky. ture Oct. 9, 1944. Other bids were nually.
Ov i
as follows:
Charles
Various ? School. .Bonds. Refi¬
Lombard), III,
Bidder—
Discount Lpuis.
;Bond Call—It is/reported,;that; nanced—The Harlan "Enterprise"
Day Trust Co., Boston
.32%
Henry; C. Piephp, Village Treas¬ of- Nov; 8. repotted, as follows:,. , First Boston: Corp..373
Lombard Path Dist.: (P,
<■
2201
Legality
&
approved
Trauernicht,
of
by
St.
►
is
urer,
calling, ■ for..payment
■
Jan. 1, at par arid
est,
on
Burning, of $8,000 of paid Evarts
$9,500 of Walins school bonds
the last of
accrued inter¬
school bonds .and
bonds numbered'
30,to ,the:, amoutit bf $5,(500. $30,000 'issuek, approved in 1922.
Dated April, 1,1938. Due'oh Jan.,
for the Evarts /'community, and the
l,r 1958.- Said bonds; with all' ma¬ refinancing .pf other school issuer
tured
and /Unmatured
interest to save
$10,000 in interest were
coupons .attached should be pre¬ reported, today by James A. Casented for payment at the North-1 wood, Superintendent of County
ern Trust
Co., Chicago.
•
Schools.
■'y'./'-/'
^
2^
refunding
.
,
.
to
First National Bank,<Boston (plus
$1)
-v.
' .38
■
Goldman, Sachs & Co
.Lee Higginson Corp
:
Worcester. County Trust Co....__„„
Second National Bank, Boston__-i.
F. S. Moseley & Co
.387
.398
Meridian, Miss.
*
Bond Sale Details — The First
National Bank and the Merchants
&
Farmers
.40
dian,
.40
associated with George
Meridian, in purchas¬
.40ing recently an issue of $146,500
State Street Trust Co., Boston
.44
Bankers Trust Co., New York___~_
,44
2V4% refunding bonds, as reported
Lcavitt & Go.„..„.,
.479
in v. 158, p.. 1985. The group paid
par for the issue, which matures
MICHIGAN
May 1, as follows; $8,500; in 1946;
Allen Parky Mich.
$8,000, 1947; $10,000 from 1948 to
"With the payment of the last
Tenders Wanted — Stanley H, 1953, incl., and $14,000 from 1954
of the Evarts bonds, the. tax rate
Burbank, Village. Clerk, will re¬ to 1958, inch
ofthat community was reduced
ceive sealed tenders until 7.30 p.m.
25 cents on eaph $100 assessment.
Mississippi (State of)
(EWT) on Dec. 14 of interest re¬
There are/outstanding $10,000 of
Thomas L. Bailey Governor—
funding notes, dated Nov. 1, 1937
Thomas L.
the Wallins bonds.
Bailey was elected
and maturing Nov. 1, 1947.
A Governor
of the,State at the Nov.
..The refinancing program .in¬ sum of $40,000 is in the
sinking 2
election, to succeed Paul B.
cluded:
fund for the purchase of notes.
//V.'/., ■
Johnson, whose four-year term
$8,000 of Evarts Holding Com¬ Offerings should be firm for five
expires in January.
pany bonds,., issued to build the days and should state note num¬
new
Vicksburg, Miss.
high school building, .from bers, par value, and the amount
me
it is
unwise to de¬
as
post-war planning pro¬
gram without a master plan as it
would be to plan a football game
a
without
a
gridiron."
-
Sedalia, Mo.
Bank, both of Meri¬
T. Carter of
were
"To
velop
Bonds Yoted—At
tion
the
voters
a
<',;/JNI*IANA',■ V:.; ■
Haubstadt, Ind.
Bond Offering
(
To\vn Clerk Treasurer, E. J, May Will receive
sealed bids until 8 p.m. on Dec;
—
the purchase
of $15,000
bonds,Dated
Dec. 1; 1943. ' Denomination- $500.
Due $1,500 on July 1,1962', and on
January .'and July 1, from 1963
to Jan. 1,1967. Rate of interest to
be in multiples of 1/4 of X % and 4%% to'3V4%;.
for
16,
.
water works/revenue
.
not
than
more
shall
be
interest
one
named
rate
Rate is not to exceed 4%, payable'
J*-J. The bonds will be awarded
to
the
highest responsible bidder
MONTANA
Deer
Lodge, Mont.
Bond Sale
—
The
cordance with the notice of sale.
highest bidder will be the one
who offers the lowest net interest
cost
said
to
Town, to be deter¬
computing the - total, in¬
mined by
terest
all of the bonds to their
on
;maturities
and deducting there¬
premium bid, if any. No
bid for less than par. Said bonds
are being issued under the provi¬
sions of Chapter 76 of the Acts
from the
Assembly,
yeai* 1913, and the acts
amendatory thereof and supple¬
mental thereto, particularly Chap¬
of the Indiana General
for, the
ter 190 of the Acts of 1933, and for
the purpose - of, making extensions
and additions to the municipally
oWned water works of said Town.
.
S'ubject to the prior payment of
the Water ,Works Revenue bo
Oct. 1, 1939,
outstanding in the amount of
issued under date of
now
the
.$31,500,
;
hereinabove
bqnds
described will be a charge upon
the net revenues and a lien on the
property of said water works, and
will not
debt of the
constitutional
constitute
a
the
Within
Town
be
presumed
to
be
familiar with the property of said
water
works, ifs financial condi¬
tion, and the terms and provisions
of the ordinances
of the
issuance
authorizing the
bonds,
system bonds offered Nov. 22—
158, p. 1867—were awarded to
v.
the Northwestern National Bank
& Trust • Co. of Minneapolis, as
1.40s; at a price of 100.305. Dated
Jan. 1, 1944./The bonds, were sold
at auction and the next highest
bid
was
100.30 for 1.40s,
Other, bids were
M. Dain & Co.,
as
follows: J.
Minneapolis, 1.40s,
they will be sold to the
Village.., :%/
; -v
.
The ap¬
proving opinion of Ross, McCord,
Ice & Miller, of Indianapolis, will
be furnished to the successful bid¬
,
,
ed that the School Board is call¬
Warren
of
Jennings, to be drawn
by lot for redemption, and now
assumed
by
the above School
Board. These bonds are part of a
Township Sch. Dist. No. 4
(P. O. Mi. Clemens), Mich.
ing for payment on Jan. 1, six 5%
school
building
bonds
of
the
Town
•
Bond
Sale—The
$10,000
bonds
semi¬
offered
annual
sehool
sale
for
Nov. 15—v. 158, p.
1985—
were awarded to Crouse, Bennett,
Smith & Co. of Detroit, as '2%s,
according to the District Secre¬
tary. Dated July 1, 1943. Due $2,000 on July 1 in 1944 to 1948 in¬
on
"A
all
master
others,
plan
must
including the
precede
works program. There are many
definitions for such a plan, but
the
one
semi-annual
interest
public Funding Warrants
1943,
munity's idea of what the com¬
munity" should be.
It is the citi¬
zens' belief as to what facilities
should pro¬
vide for their convenience, com¬
and services the city
Interest-
Dec. 1,
will be paid to holders of
record
I like is that it is a com¬
on
as
due
on
of Nov. 20.
Hudson County (P. O. Jersey
,
•"
City), N.J.
Board Denies Pleas to
Restore
Jersey City, Hoboken Values —A
special dispatch from Jersey City
to the Newark "News" of Nov, 17
fort/prosperity and essentials of
reported in part as follows:
$40,000 issue dated July 1, 1907,
good living.
Hudson County Tax Board yes¬
maturing July 1,1947. Said bonds
"We must not lose sight of the
terday rejected a petition by Jer¬
der at the expense of said Town
will be paid as to principal and
fact sites are places where people
sey City to have restored to the
Enclose a certified check for $500, interest at the Calcasieu-Marine clusive.
live, work and play, and the mas¬ 1943 ratables
$95,816,335 lopped
National Bank of Lake Charles,
payable to the Town.
The only bid received was an ter
plan must be based on this. off the city's assessment rolls last
Jennings' ofice, on date called.
offer on 3V2S, submitted by the The needs of the
city must be de¬
IOWA
Spring in reductions granted on
First of Michigan Corp/, Detroit.'
termined, agreed on and incorpo¬ 34,431 tax appeals.
MARYLAND
Cherokee* Iowa
rated in the plan. Then, and only
The board, appointed by Gov¬
/, MINNESOTA
Montgomery County (P. O. Rock/' Plans Bond Sale^-A public hear¬
then, can the individual projects ernor Edison after removal of the;
ville), Md.
Mankato Sch. District, Minn.
be made to fit into the over-all old
ing will take place on Nov. 22 for
board on charges that valua¬
the approval of the issuance of
Certificate Sale —The $105,000
Plans Bond Sale—The Board of picture.
tions were inflated/took similar
"This may sound complex to the action in
certificates
of
in¬ Education voted on Nov. 10 to
$60,000 airport bonds authorized semi-annual
denying an appeal by
at the election in August, 1942.
debtedness, Issue of 1943, Series place on the market in the near smaller city, but I assure you it is Hoboken for return of about $4,I had the privilege some
-B, were awarded to Halsey, Stuart future the $1,100,000 construction not.
000,000 in assessments on approxi¬
'KENTUCKY
& Co., as 0.80s, paying a price of bonds authorized at the election years ago of serving two small mately
3,000 properties.
cities and in each of these studies
In a 10-page decision the board
Qlay County (P. O. Manchester), 100.02, a basis of about 0.785%. in December, 1941.
were made of the future growth
Dated Dec. 1, 1943. Due $35,000 on
said both cities were raising suf¬
Ky.
St. Louis Park, Minn.
and development, and a simple ficient money to meet their bud¬
Dec. 1, 1944 to 1946 incl. Second
: Outlines Procedure for Payment
Street Issue Offering — Joseph master plan developed as a guide.
best bid was an offer by Harriman
gets and that setting aside "the re¬
of Creditors—It is reported that
Ripley & Co., Inc., of 100.01 on Justad, Village Clerk, will receive
"Even
the
smallest
village ductions would give Jersey City
Federal Judge, H. Church Ford is¬
sealed bids until 8 pan. on Dec. 6
0.80s.
would not want to establish a an "unneeded" supply of $5,504,sued an order on Nov. 20 prescrib¬
for the purchase of $7,500 not to
school where the State might put 000 over its budget and Hoboken
ing procedure to be followed - in
MASSACHUSETTS
exceed
3%
interest street im¬
a highway in front of it;
In Kan¬ a surplus of $200,000.
connection with proposed distri¬
provement. orders. Dated Dec. 15, sas
The board continued: "The tax¬
City we have at least one
Springfield, Mass.
bution of impounded county bonds
1943. Inter est J -D. Denominations
school surrounded by four major payers can not be burdened by
to yarious. creditors.
Bond Issue Recomemnded — A
It provides
$1,000 and $500. Due $2,500 Dec. traffic arteries. The service of more taxes than are necessary to
that creditors who hold or own suggestion: that modernization of
15,. 1944 to 1946. Said orders will
warrants
or, other
obligations the. /municipal: auditorium be fi¬ be general obligations of the Vil¬ two police officers/is required to operate the city. A municipality
look after the, children.
It would has no legal right to create a theo¬
.Which
were /incurred
,by. .the nanced through the issuance of
lage issued under authority of have been much better to have retical surplus in this manner."
County prior to 1941, file proof of bonds is said to have been adopted
Chapter 382, Laws of Minnesota, abandoned the site before a new
Paul E. Doherty; a county board
claims with Federal- Court Clerk by. the / .Municipal
Auditorium 1903. ../The
approving opinion of building was erected, had the member, pointed out that Jersey
A..B. Rouse $t Lexington prior to Commission../The cost of the proj¬
Dorsey,. Colman, Barker, Scott &
City was in error by not appeal¬
Jan.,24; that; Federal Clerk report ect is, estimated at nearly $450,000. Barber, of Minneapolis," will be major street "plan been developed
before construction of the school. ing the board's reductions last
furnished*
QmJan, 25, or as soon thereafter as
V
/r Worcester, Mass.
"Every element of the master Spring to the State Board of Tax
possible ahd that, after determina¬ i, Note Sale—The Merchants Na¬
plan should he considered before Appeals immediately after they
'
'
,
,
.
-
.
■
tion of
all
qxcepti^^^ and.o&jec-
-tions':- by the
.
;
MISSISSIPPI
tional
Bank.of
Boston
courts fhe'funds de- awarded' the, $500,000
were
revenue an¬
posited an the registry of the. cour
ticipation notesloffered for sale
be distributed to creditors whose
claims have been duly proved and
Nov.' 22,
allowed.-
.
1
: .1,
.
,
.
..
will
re¬
plus $300 premium; First Security
Bonds Sold—It is reported that
Trust Co., Salt Lake City,- 1.40s,
$79,000 refunding bonds were pur¬
$40; Deer Lodge Bank &
chased on Nov. 18 by John Nuveen plus
bonds, for Loyall School, from
/
.Detroit, Mich.
Trust Co., 2s, par; State of Mon¬
& Co. of Chicago, and Lewis &
4% to-3i/4%.
Exchange
Under
tana Land Commission, 2lk$i at
Refunding
Co. of Jackson, jointly, as IV2S,
$52,000 of Hall High School Plan Held Not Taxable—It is re¬ at a
piar.
price of 101.28, a basis of
ported that the Federal Circuit
bonds, from 4% to VA%.
j
about 1.34%. Due on Dec. 1 as
Montana (State of)
Court of Appeals for the Second
$19,000
Cumberland schoo 1
follows: $5,000 in 1944 to 1957,
Bond Call—W. L.
Fitzsimmons,
District ruled recently in the case
ponds, from 4% to 314 %.
and $9,000 in 1958.
Interest pay¬ Clerk State Board of Examiners,
of The City Bank Farmers Trust
able J-D.
The
announces
that
all
refinancing
was
made Co. vs.
outstanding
Hoey that the exchange of
State of Montana Funding bonds
hrough the F. L. Dupree & Co.,
City of Detroit bond under the
MISSOURI
Nos. 2750 to 6287 and 6367 to
brokers, Harlan.
:
6372,
1933 refunding plan was not a
to the amount of
Missouri (State of)
$2,401,000, are
taxable transaction.
This ruling
Henderson, Ky.
called for payment on Jan. 1,1944.
Improved Municipal Planning
confirms the decision of the lower
Bonds Sold—It is reported that
Recommended — L.
P. CookingDated May 1, 1933. Due Jan. 1,
court.
$30,000 water works revenue, Sec¬
ham, City Manager of Kansas 1945 to 1953, Payment of the prin-~
Another
ond Series bonds were purchased
case,
known as the
City, in an address made at Jef¬ eipal amount of said bonds will be
on
Nov. 15 by the Ohio Valley Motor Products case, is pending
ferson City on- Nov. 10, before the made om or after said date, on
Trust Co. of Henderson, at a prcie in the Circuit Court of Appeals in
Missouri
Municipal
League, presentation of the bonds in nego¬
Cincinnati. In that case the lower
of 103.00.
•
strongly advocated improvement tiable form, accompanied by all
court also held that voluntary ex¬
of municipal planning in smaller July 1, 1944 and subsequent cou¬
I;:
LOUISIANA
changes finder the refunding plan
communities. He offered to lend pons, at the State Treasurer's of¬
did not constitute taxable trans¬
Fifth Louisiana Levee District
his city's planning staff to the fice,
or
at the Chase National
actions.
^
/'v
.-/'/'' ,-"//v ■ ///;/; ;- smaller communities of the State Bank, New York
;
(P. O. Tallulah), La.
City, a fiscal
Homer Consolidated Sch. Dist.
as instructors for a
short course agency of the. State in New York
r Bond Call — George S.
Yerger;
in municipal planning for officials City.
(P. O. Homer), Mich.
President of Board of Commis¬
Coupons maturing on Jan.
Bonds Voted—At a recent elec¬ and residents.
:
:
1, 1944 and prior, will be paid on
sioners, announces the call for re¬
tion the voters are said to have
"If there is enough interest in presentation and surrender,
In¬
demption on Jan. 1, 1944, of the
outstanding balance of $69,000 5 % approved the issuance of $60,000 the course," he said, "I am sure terest ceases pn date called.
the Missouri
building bonds.
Municipal League
bonds, Nos. 532 to 500 inclusive,
NEW JERSEY
Will put it into effect. The course
dated Jan. 1; 1904, in $1,000 de¬
Iron River Township (P* 0;« Hon
would have to be held in Kansas
nomination, afld due Jan. 1,19,54;
Fort Lee, Nl J.
'
River), Mich.
Interest Payment Notice—It is
optional Jan. 1, 1944. Bonds will / Bond Sale—The $30,000 water City if our men were used."
be paid upon presentation on Jan.
Emphasizing the necessity for reported by William N. Seuffert,
extension revenue bonds offered
2, 1944, at the office of the State for sale on Nov. 19—v. 158, p. 1985 a master plan for every city or chairman of the Board of Liquida¬
tion for the above Borough, that
Treasurer, Baton Rouge.
—were
awarded
to
Walter
H. town, Mr. Cookingham said:
County school
provisions and limitations, but
Steere of Marquette. Dated Dec. 1,
will be
payable only'-from the Jeff erson Davis Parish School Board. 1943. Due
$1,500 from Dec. 1, 1946
Bond
and
Interest
Retirement <;
(P. O. Jennings), La.
to 1965 inclusive.
Fund heretofore created. All bid¬
Bond Redemption—It is report¬
ders
$100,000
funding water supply and water
#
who has submitted his bid in ac¬
The
have
for which
$26,000 Harlan
each bidder.
by
(
to
approved the issuance of $55,000
airport site purchase bonds.
.
:
recent elecr
said
are
s
are
,
a.
any
Clifton
at
.
a
discount of .30%,
The notes
dated; Nov. 24, 1943, and'ma-
School 'Dist.
(P. O. Forest)* Miss.
on
.
premium of $5.
Consolidated
Bond Sale—The Bank 01 Mor¬
ton has
purchased
000 4%
school bonds.. Dated Aug.
1,
1943,
Interest,
an
issue of $9,-
due
semi-an-
major development is ndermovement
were
certified.
Tax
bills
were
the basis of. the. new
of people or vehicles, and nearly valuations, he explained. Doherty
all
facilities, including schools, said:
"Once the tax rate is struck a
churches, theaters, libraries,
parks, etc., iiave a direct bearing municipality should not have any
legal authority to disturb the comon the thoroughfare system.
taken which affects the
made up on
-
THE COMMERCIAL & FINANCIAL CHRONICLE
2202
&+
Mond^yi* iNSveftbcfy 29^1943 ^
■#"
putation of the tax,.To tier; so Chapter - 298 of the Laws of 1883,
would give them/money ovey and as amended. A certified check for
$9,480; payable to; the city, is, re/
;■<
*,<)'.
Jersey City .has a surplus of 'quired,':
State Comptroller: Rejects Pro¬
$8,000,000 without the $5,504,000
posed; Debt- Refunding — State
more it sought through; cancella¬
tion of the reductions.
It expects Comptroller Frank C, Moore: has
a further windfall in a delinquent disapproved. the- refunding of any
railroad tax.
The present tax portion of the • debt of the City of
rate is $5.74 per $100 valuations. Albany maturing in the fiscal year
beginning Jan. 1,1944. He predi¬
In Hob'oken the rate is $4.59. / cates his refusal largely upon the
above, the budget."
'
•
v
; ;
;
,
v':*-
:■
NEW MEXICO
Albuquerque, N, Mex.;
$110,000 semi¬
bonds offered
for sale on Nov. 19—v. 158* _p.
•1777—were awarded: to a syndi¬
cate composed of the Baum, Bernheimer Co. of Kansas City; Otis
& Co. of Cleveland; Piper, Jaffray
& Hopwood of Minneapolis, and
Bond Sale-r-The
annual ^refunding
1.20s,
.paying a' price of 100.047, a basis
of about 1.19%.
Due on Dec. 1
in 1944 to 1953 inclusive.
;;
1
refunding bonds
the same time
werei awarded to the Northern
Trust Co. of Chicago, as IV2S, at
a price of 100.659, a basis of about
1.43%'.
Due on Dec. 1 in 1944 to
$243,000
The
offered for sale at
1963'. inclusive.
Albany, N. Y.
;
Offering
Bond
-rr
J
Lawrence
Ehrhardt, City Comptroller, will
receive sealed bids, until noon on
Nov. 30 for the purchase of $474,000. not exceeding 6% interest
registered bonds, divi¬
coupon or
ded
follows:
as
$230,000 debt
1
,
equalization, 1943
Due. Dec. 1
series bonds.
as
in 1945, $24,000
"\7
in 1946, $25,000 in 1947 and
$30,000 in 1938 to 1953. ,
200,000 water bonds. Due $10,000
Dec. 1,1944 to 1963.
44,000 local improvement bonds.
Due Dec. 1 as follows:; $8,000
in 1944 and $9,000 in 1945 and
follows: $1,000
.
■
1948.-
Denomina¬
tion $1,000/ Rate of interest to be
in multiples of Vi or 1/10 of 1%.
Bidders mush name a single fate
the bonds;
bonds
bid for
No bid for'less than all: the
will be considered nor any
less than par and. accrued interest;
The. purchaser must pay accrued
interest to: the- date of delivery.
Principal and. interest (J-D) pay¬
able at the National Commercial
Bank & Trust Co. of Albany. :
•
,The bonds will be valid and
legally issued and* binding obliga¬
tions of, the city for the payment
of
the
principal
arid
of; and
interest
the city will have power
©n which
will be* obligated
by law to
levy on all taxable property in
the city such ad valorem taxes
as may be necessary Without limi¬
tation
rate
to
amount; the
purchaser will be furnished with
the opinion of Sulliyan, Donovan
& Heenehan of New York, to that
as
effect.
ered
or
bid .will'.be
No
if
conditioned
consid¬
other
than
upon the notice of sale; The bonds
will be prepared under the super¬
vision of and authenticated as to
genuineness by the First 'National
Bank, Boston, and a duplicateoriginal legal opinion and a cer¬
tified
copy
transcript
or
of
photostat of the
proceedings
and
proofs will be filed with said, bank
where they may be inspected. The
bonds
will
purchaser
be
delivered
to
the
Dee. 20, or as soon
they can be prepared
for delivery at the above bank,
or at the option of the purchaser,
at the New York Trust Co., New
thereafter
York.
president of the New York State
pass
Association, of County Clerks.: He
is
.
.
tion
reduced
1937 and 1942.
its
debt
between
Albany increased
The average debt
on
as
The enactment at any time
The
.
.
,
.
,
'
i
It
i
«*
$21,000, maturing $3,000 June 1, :OHia;"^'.';/.J/;:^„
reorganization of
the Municipal Affairs Division of 1944 to 1950, as 6s, and $79,000;
was 16%," the Comptroller said.
the Department of Audit and Con¬ maturing June I, $3,000 in 1951 to
•J•>/ * ;
trol, a consultant unit has been 1966, $10,000 in 1967 and 1968, and
Buffalo, N. Y. X»: /•■/
.\ * { Sylvaniay^Ohiotj i /.a V... ..
established to provide advisory $11,000 in 1969, as 21/2 s» for a pride
Certificate Offering.
Sealed
of 100.00, giving a net* interest cost j,Bonds - Approved—An issue^oJ %'• services to the various units of
bids will be received at the office,
of about 2.66%.;
<
$5J)Q0 fire: pix)tectiori%,borids: was;,
local government.
Mr; Fishack
of the Comptroller until 11 a.m.
j The next highest bidder was "a approved at the November elec¬
will head the new unit.
on Dec. 3 <EWT) for the purchase
joint offer by R. S. Dickson & Co;, tion.
/ 7;' '
'■
"'
.
*;
During the last 20 years, he has
of the $2,650,000 not to exceed 6%
McDaniel, Lewis & Co., and the
s' i
Barber ton, Ohio
tax anticipation certificates of in¬ specialized in governmental re¬
,
;,
Equitable Securities Corp., for
search and. consultant service in
debtedness, divided as follows:.
\Bond^Eall-t^Ifis -staled'."•that*c,"
$60,000 as 3s and $40,000 as 2%s,
many
important cities
in
the at a
price of 100.01.
'
t/ E. Duncan;:, City Auditor; ;is call-1$600,000 Series of 1939T940 ;
United States,- including Detroit,
I
Irig for payrnent on Dec; F, -water :
650,000 Series of 1940-1941
Mount Gilead,' N. C.
Atlantic City, Miami, Fall River,
\
!
jvbrks/, ^improvement' refuridirig;
690,000 Series of 1941-1942
Coral Cables and Crosse Point.
j Bond Sale-—The $74,000 general
bonds;. numbered,<92:16/122./,De- »
j 710,000 Series of .1942-1943
| In 1937, Mr; Fishack was re¬ refunding bonds offered Nov. 23-r- nom. $1;000. Dated June 1, 1939.
Dated' Dec. 15, 1943, and mature
v. 158, p. 2098^-were awarded to
search director for the Special
Redeemable r at ,par wand accrued ,'
on June 15, 1944.. Interest on said
the Bank of Mount Gilead, as 3s,
interest at. the First Central Trust! >
Certificates will be payable at Committee on Taxation and Pub¬ at
par/ Dated Dec. 1, 1943, and
lic Expenditures of the Common¬
Co., Barberton,., on presentation:
maturity, and both principal and
due June. I," as follows: $3,000
wealth of Massachusetts.: During
^vith ,aU ;;unmatured: coupons at- j
interest will be payable at the of¬
from 1945 to 1949, incl.; t$3,500^
the last six years, he has been Di¬
fice of the Comptroller of the City
1950 to 1953, incl.; $4,000, 1954 to iacbed7/%7/V: //:\r' /-7
Of Buffalo, or at the Central Han- rector of the Bureau of Municipal
Betmont' County {Pj, O. $t. Clairs* > <
Research of the City of Newark, 1957, inch; $4,500, 1958 to I960;
Over Bank and Trust Company,
-OHib'■ \4v.v >
// ■
incl.; $5,000 in 1961 and 1962, arid
N.j.
New York City, at the option of
$5,500 in 1963. Second high bid of i ! Bbrid Call—It is: stated by'E. E/;''
the holder.
Since certificates for
100.01 for $37,000 4s and $37,000
O.nsining (P. O. Oseining), N. Y.
Taylor;/ Clelk of- the • Board; of.'
any fiscal, year may not be issued
Certificates Offered—It is stated 2%s was made by Fox, Reusch & COurity Cbmiriissioners,
that * all;
in excess of the amount of taxes
that sealed bids were received Co., Cincinnati, and Channer Se¬ bonds, jssried:by7trie county" bear-1 *
for such fiscal year remaining ,un¬
until noon on Nov. 27, by the curities Co., Chicago, in joint ac¬ irig-dateof April X; 1940, described ;
its debt
H/2%.
'
■"
'
♦
In the recent
f
.
,4
»
M
.
i
(
r
4
,•
V
■
.
reduction- in the other nine cities
•
.
.
.
•
collected at the time of the deliv¬
ery,
duce
the right is reserved to re¬
the
amount
of
certificates
awarded for such fiscal year ac¬
cordingly.
quired to
Bidders
will
be
re¬
Town
count.
of
j
Dated Nov. 30, 1943.
30, 1944.
Yonkers, N. Y.
name one
6% per annum, and at such defin¬
ite rate of interest expressed tin
multiples of any fraction of 1%,
but at no higher rate of interest
than shall, be required to insure
the sale of such certificates at par.
Comparison of bids will be made
by taking the. cost of interest to
the City at the rate named in the.
respective
bids
and deducting
therefrom the premium offered,
if any.
No bid will be accepted
for less than the par value of/fche
Certificates; and ariy'bid hot' com¬
plying with the terms Of this
notice will be rejected.and all bids
-
be
unconditional.
The
Due
June
on
/v..:,■;•:•/"/'v.
"
.
Certificate Sale-—The $1,000,000
of indebtedness
of¬
p.
on
-
2098—were
First
National
at
rate
a
of
awarded
0.38%.
of
to
Nov.
city operates under
due
C.
*
inclusive; $8,000 31/4S,
$2,000 in 1963; $3,000 in
year.
1
took
Dated Dec. 1, 1943. Denomination
on Nov. 13 he issued an order
$1,000. The next highest bidder
approving the refunding of $60,was Fox, Reusch &
Co., and Chan000 bonds maturing in the fiscal
ner Securities Co., of Chicago for
year commencing Jan. 1,1944. The
$43,000 3s and $51,000 2V2s, at a
new issue will mature Jan. 1, as
follows: $17,000 in 1949, $8,000 in price of 100.07.
Bond Call
W. T. McLean,
1951, $5,000 in 1952 and 1953, and
Town Clerk, announces the call
$25,000 in 1955.
for redemption on Jan.
1, 1944, at
New York (State of)
par and accrued interest, of $62,—
•
of
Erie. ..County
subsequent. interest
Prior to' that
tached, should be* presented .fori
coupons
at¬
buiklings. 9riiy, .tangible;personal;
property *. and utilRy power .prpp7',
erty not being inelUded. ;* /"■"•'
:
a
revenue
Oct;
during
freakish jump and reached
$2,103,126.34, or $267,503.93 more
than October, 1942.
For the first
four months of the current fiscal
,[ ' For the same ' period;" there was;,
a -rise in the. valuation of build- i
ings, but
a
greater decrease-in the
valuation of
I ; In
1925
lantbT*;;-;7".:
buildings
7
on
• %, r
the
!
Tn/1925 "land
was
on
the:
dupli¬
cate for. $296;435;250.; In" 1942* land*
jw&s Carried 'at $211,567,670.
7" In 1922, the first year covered
by the survey; the totals were/
.
Land,
$220,493,420;f buildings,
$269,454,870; total; $489,948,290.
Bince* 1926 the totals ;have va¬
from a depression low of
$636,978,440, in-1935 to, a high^of.
$822,839,350 in 1931,7 „,77/
In the: county as a whole there *
has; been 'an; increase; of $32,571,580 in the combined; total, due,
-
chiefly to - numerous
042.56, compared with collections
$8,101,486.58 for the same pe¬
sions
of
riod of last year.
Revenue from the
of Motehr Vehicles
Department
during October
reachedT $253,442.51, representing
11.76% increase over October,
For the first four months,
1942.
of the current fiscal year revenue
from this source was $1,054,011.17,
compared, .with
collections
$942,678.03 for the
same
bf
period of
the 1942-43 fiscal year.
)Yilkes County (P, O. Wilkesboro),
!."•>:"*
|
were
duplicate for $436,828,470/In 1942
this, total Was $463,882,130.
;
year gasoline revenue was $7,821,-
an
,
ried
Gasoline
1964 and 1965.
that
Clerk
.
—
Moore, State Comptroller, reports
County
\
.
to 1962
k
l; 1947, are being, called for pay¬
on Dec. 1/1943-, and interest'
upbn the same: shall cease on said 7
date.T ?; f • :,. s7,. v
ment
,
Glen Cove, N. Y.
a n
dbnorir Jfuriei f,71047;;apd/or Dec.'
Hanover Bank & Trust Co., New should be presented for payment sri^ey' just-completed
by thevBu-:4,
York, 0.49%; First National Bank to the Central Hanover Bank & jrean of.Gbybtriri^^^^
: !
of Boston, 0.51%.
Trust Co., New York City.
f The, duplicate for> 1925, tHe^ last
•
year- of the1 old ' Republican^-re- »
/
/.
North Carolina (State- of)
;
gime/.was $733,263,7207 For: 1942,
i
NORTH CAROLINA. /
I October
Revenue
Collection® the 'latest;
figure; available, the J; *
Show
Increase—-State
revenue duplicate * was' $676,449,800, a de¬
,;>•
Clinton,. N. C. •
C /
collections in October aggregated crease* of
$57,813,920? " Bond Sale
The $94,000 re¬
$5,456,544.71 -r- an inc rea s e oJ i The* duplicate covers- land and.'
funding bonds offered * for sale on
Nov. 23--v. 158, p. 2098 — were j208,422.19: above the same month
reserves the right to
in 1942—but General Fund rev^
awarded to a syndicate composed
reject any and. all bids,
Bidders
pnue again fell below the figuresOf Vance, Young & Hardin, of
are requested to state the denomi¬
for the corresponding month a
nations in which they desire the. Winston-Salem, First Securities
year ago.
Certificates to be issued, which Corp., of Durham; and McDaniel
General Fund collections dur¬
must be in multiples of $5,000. Lewis & Co., of Greensboro, as
ing October were $3,353,418.37,
;
*
The legality of the Certificates follows:
compared with $3,412,500.11 for
will be examined by Caldwell, $67,000 general:
$55,000 2ViS June the same months of 1942. For the.
Marshall, Trimble and Mitchell, of
1, as follows: $2,000 in 1945 to first four months of the current
New York City, whose favorable
1959, $6,000 in 1960 to 1962, fiscal
year,
however,
General
and $7,000 in
opinion will be-furnished to the
1963; $12,000 Fund collections were $17,900,purchaser on delivery of the Cer¬
3V4S, due $6,000 in 1964 and 948.94—$1,219,626.17 higher than
tificates.
1965.
for the same period of last year.
A certified check in the amount
27,000 water and sewer: $19,000
During September revenue col¬
of $53,000
payable to the City
"2v4s, due June 1, as follows: lections for the first time in many,
Comptroller,
must
accompany :; ■' $1,000 from 1947 to 1959 in¬ months fell below the figure for
each bid.
clusive and $2,000 from 1960 the same month of the preceding
Approved—Ft
bonds;
,
29, 1943. Due on Aug. 29, 1944;
Among: other -bids were: Central
Comptroller
Bonds
deficiency
rj*;X*Cincinnati},Ohio)
the
Yonkers,
Dated
relief
1, 1930, and due on July 1, vari¬
ously, from 1944 to 1966, incl/, alsoffom
$7,000 -5% water; bonds; Nos. 3 fo j Tax. Duplicate- Bown^
9; dated July 1, 1936, and due
$1,000 on July 1 from 1944 to 1950; pale7;baf;'-:;decreasedv almost 8%:
incl/ The-bonds, with July 1, 1944v -sliice ;the Cbarten grpup^tpqfc over/
and subsequent, coupons attached,: city; reins :ini1926/accordmg'to a
Nov. 23—v. 158
Bank
poor,
jiuitrberedTOO; and 116; incl.; - and;
presently outstanding); dated Jufy.
certificates
fered for sale
as
■.
Bond' Call—R. B. Jordan, Jr.^
Town Clerk, announces the calf
for redemption on Jan. 1, 1944; at
par
and
accrued
interest,
of
$74,000- 6% general bonds (amount'
'
interest rate
the- entire issue not exceeding
must
Supervisor, for the purchase
$40,257.04, tax
certificates.
Second* Class;City Laws and. from 1940 to date;
4
'
Bond
,
:
-
the bid.
in ,1956; to
1958.%,:
*/•;,;.• ••
•
35;000 / 2%s, • maturing. May 1, ;
$9,000' in 1959 tov 1961';^ arid
;
cou-r /
$8,000.in 1962.
'
; V.
^
?■
Sale—The $100,000
pon seniLann. street and sidewalk
refunding" bonds offered for sale I [;pated'/Nov/- i';>. !l943vDenoni;
$1,000: : Tbe'^Vnext" ;hiiKest;^^ bidder !
on Nov. 23—v. 158, p. 2098—were
was Vance;. Yourig &.Hardin, First U
awarded jointly to the First Se¬
Securities Corp:-; Durham, CrouSe, :
curities Corp. of Durham; Vance,
Young & Hardin, Winston-Salem, Renriett; Smith;!&' .Co., :qrid Fbx,'.s
Reusch. &. Co., for $58,000 2%s. and - 1
and Fox, Reusch & Co. of Cincin¬
'$26^000'21/2S,' at a-prrce oL 100.02.,
nati, as follows:
School and also
of the Erie County Fire College.
State;'"
j 'X arid, 1955; , $9,000
$75,00Q
Mebaney N» C.
'
ficers'! Training
splendidly - equipped by training
and experience to direct the im¬
portant services provided by our
office to the municipalities of this
■
in the group be¬
tween 20,000 and 250,000 popula¬
city
"Every
.
'
staff of the Town and County Of¬
prior to the delivery of the bonds,
of Federal legislation which in
terms, by the repeal or omission
State Deputy Comptroller and 500 bonds dated Jan. 1, 1937 and
of exemptions or otherwise, sub¬ Municipal Consultant Appointed-- consisting of:
jects to a Federal income tax the State Comptroller Frank C. Moore $58,500 6s; Due Jan.
1, as follows:
interest on bonds of a class or announced on Nov. 6 two
appoint¬
$10,000 in 1947; $8,500, 1948;
character
which
includes
these ments: A deputy, Edwin B. Kenn$10,500,1949; $8,000,1950; $6,bonds, will, at the election of the gott, who will head the Municipal
500, 1951; $7,000 in 1952 and
purchaser, relieve the purchaser Affairs Division of the Depart¬
$8,000 in 1953.
from his obligations
under the ment of Audit and Control, and a
; 4,000
53^s. JDue Jnne 1, as fol¬
terms of the. contract of sale and chief, municipal consultant, How¬
lows:- $1,000 in i948 and
$3,000
entitle the purchaser to the ire- ard G. Fishack; '
: "in 1952; * ;
"--V. :"i :
/
turn of fhe amount deposited* with 1 "Mr. v
The : bonds, rwith J July :1,* 1944..and
KTenngott, has/ served;: as;
the
on the -issuance of
airport bonds: -
of the institutional
member
a
six years.
on
7,!,
Dated Dec. 1, 1943.
©f interest. for all of
.
of 100.005; a net - ihteresb cpstv of ;
Kenngott's /experience- in¬
"'1'■■tetitojlfi"MLC'•""J-" 'iX
cludes not only service as Deputy
Bond Election—It is reported :2.624'%;'_as/follows:/:;y'
County Dierk and / County Clerk
that an; election is. scheduled for $49,000:^.*.2^s^; maturing ^Mayri,:
of Erie County; but he- is also
;: $6,000: iri-. 1933,V$8;000:.m l954 '
Jan. 11 iri order to have the voters
••
In announcing the appointment,
Mr. Moore said: "Mr. Kenngott is
.
•
Mr;
..
,:
,
NEWYORK
■
*
.V
'
Chase National rRies Corpvvaridr ^CDanielT Lewis* &J
Bank Of New'. York City.
,.// Go., pi Greensboro;-payihg u pricepayment - to - the
Deputy County Clerk from
.1922 to 1939.
;
;
was
ground that Albany has failed to
reduce its debt during the past
■
Sullivan & Co. of Denver, as
be
*
'
r "N.
C.
.
r
'
ty.t
and
new
subdivi-
*
to bonstruction* of
big
buildings,. including, the. Wright
■plant.
••<' -•/
..i
1
; For the; county; ;irieluding ;Cin-7 *
cinnati, -the, 1925 duplicate .was:..
L ah d;, $343,028,690;;
buildings;,
$535;719,380; total, $878;748,070/ J
>
,The comparative, totals" in: 1942:7
Land, . $261,202,690;
buildings,/
$650;1,16,960;- total; ^$911;319,650.
•
,
.
j; Bond Sale—Henry. ;Urner, .CityAuditor, reports that' the- $71,000 <
bunds have: been 'purchased by, the:,;
Sinking Fund Trustees; as follows:/ x
!$3:^OCIQ7. ""*2
;
bonds7:.
Sale —* The. $84,000 re^
funding bonds! offered 'for"sale,
Bond
Nov. - - 23—'V;
awarded ~to
158, p. 2098—Weije?
Equitable Secur- ?
the
-
7tri
1949v|arid^3»7im,195^ to77:
THE COMMERCIAL & FINANCIAL CHRONICLE
Volu&ie r 158: i -NuMbef 4233
-2203
In 1935, the peak year for such ceptable. Call City Hall, Green¬
Dated Dec. 1,; 1943. Denomina¬ cago, and J. Berry King & Geo. J.
"20,'000 ' '2 Vi %•'' general hospital
Fagin of Oklahoma\ City,
The costs, the city paid $32,405,431, or wood 1020 or Hopkins 9107.
; •
:/. :t: bonds. DatedJari. -If >1944. Due' tion $1,000. Bidders may bid for a
different rate of interest in mul¬ municipally-owned water system 39.6% of its total annual expendi¬
,
$1,000: Sept. 4, 1945 to 4964.
TENNESSEE
is valued at $350,000 and for the. tures for its debt service.
•
•*'■•-Interest"M-Sr ';• -■'.'*v
J-V:. >•/*•> tiples of V4 of 1%. Principal and
The growth of the debt service
interest (A-O) payable at the of¬ year 1942-1943 showed a net in-.
Chattanooga, Tenn.
10,000 2 % • street impro vem e.nt
Come of $30,939.83 after all oper¬
burden is illustrated by the fig^
Bond, Sale—The $6,040,000 elec¬
-bonds. -Dated
Jan.
1,
1943. fice of the Sinking Fund Trustees.
ures
of * 1920,
when the gross tric
Purchaser must take delivery and ating expenses. /
:
power
refunding
revenue.
Due $1,000 Sept.- 1, ^1944 to
funded debt was $184,392,550, and
Series A bonds offered for sale
pay for bonds not later than Dec.
1953.'Interest M-S%"/•/" r;";
OREGON
the costs were $12,507,912, In 1944 on
Nov. 23—v. 158, p. 2099—were
6,000 ; 2t2%
fire
department 22, 1943, and the money is to be
the estimated costs will be $26,The Dalles, Ore.
delivered at one of the banks in
awarded to a syndicate composed
v > equipment bonds. Due Sept. 1,
' •; of the Equitable Securities Corp.,
the city, or at the office of the Di¬
Bonds Sold—It is reported that 886,128./ as follows: $2,000 in 1944, and
The funded debt of the city:
rector of Finance.
/ $17,500 airport bonds were pur¬
Harris, Hall & Co. of Chicago,
v$1,000 in 1945 to 1948.
i% - •
,,
.
-
-
,
chased
Chillicothe, Ohio
..,'/%/'/
OKLAHOMA
•
Bond Sale1—The
$18,500. coupon
judgment * bonds
of-,
Nov. 19 -v/158 p; 1778-
/
semi-ann.-
fered
'on
wefe awarded
'
J.
to
A.
White &
Claremore, Okla.
v
Authorized
Bonds
; '
,
Dalles,
started to rise after 1920.
it
2s.
as
PENNSYLVANIA
The City
—
Council is said to have
recently by P. J. Stadle-
of The
man
//;-
authorized
Jefferson Twp, (P. O. Large), Pa.
Bond Sale—The $50,000 semi-
Co., of Cincinnati, as IV4S, at a the issuance of $44,000 refunding ann.
improvement bonds offered
price of 100.16 a : basis of about bonds, to take up 6% electric light for sale en Nov. 22—v.
158, p.
1:22%. "Dated Nov. 20,-' 1943.'Due extension bonds, 6% sewer exten¬
1987—were awarded to Phillips,
on
March
and
Sept.
15, from sion and improvement bonds, ,and Schmertz &
Co., of Pittsburgh, as
; / ;
March 15, 1945 to March 15,4954. 5y2% water extension bonds.
Second best bid was an
offer of ;v:
::
IV4S, submitted by the
.Plans
Weil, Roth & Irving Co.; of Cin¬
Council
100.02
on
Hooker, Okla.
v
Bond
Sale —The
will
meet on
;
l^s, paying a price of 101166, a
basis of about 1.29%. -The bonds
'
City
Nov. 22 to
'
cinnati.
effected in the debt.
dated Dec. 1 1943. Due on Dec.
are
In 1925
$337,719,000.
In 1926 it
moved up to $402,185,100, and in
1927 it took a sharp jump to $429,r
559,600.
Succeeding years saw
moderate
increases
until
1931,
when the debt again jumped and
reached
$554,002,900.
The peak
was
in 1933, when the debt was
$568,800,400. \//V-.: 'Yvr":'--1"
'
From 1933 slight decreases were
was
1, as follows: $3,000 in 1944 to
1953, and $4,000 in 1954 to 1958.
tion
in
accelerated
past three
The reduc¬
In
1937.
the
the City Admin¬
further speeded up
years
istration" has
./~V'4' %'\.;■
approve an issue of $4,080 refund¬
the movement.
ing bonds,-..' '■
Second best bid was an offer
Cuyahoga Falls, Ohio
A graph of total charges paid
Bond Sale—The $80,000 refund¬
by S. K. Cunningham & Co., of
McCurtain County (P. O,
for debt service shows that from
100.87 for IV2S, with Moore, Leon¬
ing bonds ; offered for sale on /
Idahel), Okla,
1920 the costs rose steadily until
ard & Lynch running third, with
Nov.
22—v.-, 158, p. 1986—were
;• Bonds Sold—R. J. Edwards, Inc.,
1927,-when they were $25,605,808.
a bid of 100.43 for \lk% bonds.
awarded to Fox, Reusch & Co., of and C.
Edgar Honnold,, both of
They dropped slightly the next
Cincinnati, as l%s, paying a price Oklahoma City, in joint account,
Olyphant, Pa.
year to $24,953,081, rose again in
of 101.12, a basis of about 1.60%.
recently placed an issue of $40,000
Bonds Publicly Offered—John¬ 1929 by almost'three million dol¬
The next highest bidder was Katz 3%
coupon courthouse and jail re¬ son & Johnson of Pittsburgh are
lars, dropped I again in 1930 to
& O'Brien for l3/4s, a price of
funding bonds at prices to yield making public offering of $45,000 $22,082,319.
In 1931 they jumped
100.71. The issue is dated Dec. j, from 1.10% to 2%, according to
3 y4% refunding bonds, series of to $31,925,878.
In 1932, 1933 and
1943, and matures./$4,000 June maturity.
The bonds are dated 1943. The issue is dated Nov. 1, 1934 the charges varied between
and Dec. 1, 1948 and .1949, $5,000 Sept. 15, 1943. Denomination $1,1943. Due $5,000 Nov. 1, 1945 to $8 and 31 million dollars, but hit
June and Dec. 1, 4950 to
1953, 000. Due Sept. 15, as follows: $3,- 1953.
Legality to be approved by/ the peak in 1935 with $32,405,431.
and $6,000 June and Dec. 1, 1954
000 from 1948 to 1959 inclusive
I11
1936 the costs dropped to
Townsend, Elliott & Munson, off
and 1955.
and $4,000 in 1960. Both principal
/•■/;. /://
Philadelphia. The bonds are direc^ $29,867,397 but rose again during
and interest (except first coupon
and
;: Other bids were as follows:
general obligations of the] 4937 and 1938 to over 31 million
due Sept. 15, 1944) payable at the
Bidder—
Int. Rate
Price
In
1939 they amounted
borough and, according to counsel, dollars.
Hawley, Shepard & Co.—
1%%
100.58 Oklahoma State Fiscal Agency in are
payable as to both principal to $30,547,519.- They were de¬
Provident
Savings Bank
the City of New York. Approving
and
interest
from
ad
valorem creased by nearly a million dol¬
& Trust Co., Cinn.1% / ' / />100.28
certificate of the Attorney Gen¬
taxes without limitation as to rate lars in 1940, declined again by
Stranahan, Harris & Co..
■
/ > " i/
eral of Oklahoma and the final
lnc.':.._,_——-4'—'■ 2
100.92
or amount on all of the borough's
nearly a million dollars in 1941,
Ryan. Sutherland & Co._
2 V*
// 100:37 approving
opinion of J. Berry
were
almost level in 1942, and
legally taxable real property.
King and George J. Fagin of Ok¬
dropped by almost a million dol¬
Lawrence County (P. O. Ironton),
lahoma City wil be furnished by
/ //; lars
Philadelphia, Pa.
this
year.
The downward
the above-mentioned bond houses.
Refunding Program to Reduce
movement will continue next year
Bonds Authorized—It is report¬
County is reported to have a total Debt Charges—The Philadelphia
by a reduction of $1,147,310.
ed that $35,000 real estate ap¬
indebtedness
of $374,015 and a "Inquirer" of Nov. 15 carried the
Bond Call—City Clerk William
praisal bonds have been author¬
sinking fund of $200,807, making following article of interest to
ized. /
W. Felton will call for payment
■//".'/:1'.V
dealers and investors in this city's
a net debt of $173,208. The current
on Feb. 1, the following bonds:
Mansfield, Ohio
r
bond issue was sold for the'pur-' obligations: "
•
' ^
\
Bond Sale—The issue of $60,000
Philadelphia
taxpayers,
bur¬ $690,200, dated Feb. 1, 1924, ma¬
pose of refunding a like amount
turing in 1947, part of a $4,airport bonds offered Nov. 23 was of Court House and Jail bonds due dened in past years with heavy
awarded to the Farmers Savings May 1, 1944, of an original issue debt charges that have taken as
.000,000 issue, of which $3,30.9,800 has
been refunded and
& Trust Co. of Mansfield, as Is, at of
$125,000 dated May 1, 1919, and high as two-fifths of the city's
.
Salomon Bros.
&
Hutzler, Lee,
Higginson Corp., both of New
York; John Nuveen & Co. of Chi¬
cago,
Stranahan, -Harris & Co.,
Inc., of Toledo, Alexander Brown
& Sons of Baltimore, Coffin &
Burr, Gregory & Son, Harvey Fisk
& Sons, Newburger, Loeb & Co.,
all of New York; Ryan, Suther¬
land & Co. of Toledo, DempseyTegeler & Co: of St. Louis, TownT
send, pabney & Tyson of Boston,
Robinson-Humphrey Co. of AtT
lanta, Newman, Brown & Co. of
New
Orleans, Crouse, Bennett,
Smith & Co. of Detroit, and F.
Brittain Kennedy & Co. of Bos^
ton, paying a price of 100.03, a net
interest cost of about 2.18%, as
.
.
plus
par
premium
a
of
$87.50,
equal to 100.141, a basis of about
0.977%. Dated Dec. 1, 1943. De-
$1,000. Due $6,0Q0 on Oct. 1,
1945 to 1954, incl. Interest
nom.
from
Other bids
A-O.
as
were
follows:
Fox, Reusch & Co., Inc., Cincin¬
are
payable from an unlimited ad
all the
valorem tax levied against
property in the
including homesteads.
taxable
county,
•
Okla.
Bonds Publicly Offered — We
were advised on Nov. 17 that the
Sapulpa,
,
Is, par plus $24 premium;$572,000 2 y> %
refunding bonds
(for iy4s) J. A. White & Co., Cin.cinnati,
$479
premium;
Ryan, publicly offered on Nov. 15 by R.
J. Edwards, Inc. and C.
Edgar
Sutherland & Co., Toledo. $434;
Honnold, both of Oklahoma City,
Braun, Bosworth & Co., Toledo,
at prices ranging from 103.37 for
$258. J;' "•
./•;./.%/// •. /%;/•/
the earliest dated bonds at 101.25
nati,
/
Ohio
(State of)
;
v
Municipal Price Index Lower—
J. A.
White
&
under
Co. reports
date of Nov. 24 as follows: Appar¬
ently in sympathy with the mar¬
ket. for some municipals outside
.
State, bids for Ohio munic¬
ipals eased somewhat during the
past week. Our index of the yield
on 20 Ohio bonds increased from
the
1.39%
week
last
1.41%/'this
to
yield today on 10 high
for
those
of
the
maturity,
final
had all been sold. It was previ¬
ously reported
that the above
firms
had
obtained
award
on
$607,800 refunding
issue at an average interest rate
of 2.49%—v.
158, p. 1778.
The
Oct, 25
of
a
$572,000 2V2S referred to above are
dated Dec. 6, 1943. Denomination
$1,000.
Due
$44,000
anually
Dec. 6 from 1946 to 1958
on
inclusive.
1.24%, compared
with 1.22% a week ago, and on 10
lower grade bonds, 1.59% against
Principal and semi-annual inter¬
est payable at the Oklahoma State
Fiscal Agency in the City of New
York.
The bonds were issued for
1.57%.
the purpose
week.
The
grade, bonds is
tire
of refunding the en¬
bonded debt of the city and
institutional
are
said
recent days, it is in¬
teresting to, note that practically
no
Ohios have been included in
unlimited
v,
.<
,
-
Although there has been some
selling of municipal
bonds during
the
to
be
payable, from
ad valorem
taxable
property,
an
tax on all
including
homesteads, in the city.
The fi¬
such selling to date.
'v,, nancial statement accompanying
the offering circular says that the
Youngstown, Ohio
city's total bonded debt amounts
Bond Offering—Walter W. Mit¬ to
$582,000, consisting of (he $572,-.
.
'■
■'
chell, Director of Finance, will re¬
ceive sealed bids until noon on
purchase of $375,exceed 2V2% interest
Dec. 11 for the
000
not
to
bonds, divided as follows:
totals
$3,389,319 and a sum of $48,-
491 is held in reserve in the sink¬
.
ing fund for all interest and bond
$175,000 garbage disposal plant payments. It is also noted that a
"/bonds. Due Oct. 1, as follows:' levy of $50,184.21 has been made
$11,000 in 1945 to 1949, and for 1943-1944 and will be applied
$12,000 in 1950 to 1959. En¬ toward the payment of principal
close a certified check for $4,- and interest on outstanding bonds.
In connection with the issue, the
000, payable to the City._
bond houses state, that they will
200,000 Chestnut St." opening and
furnish the approving certificate
extension bonds. Due $10,000
of the Attorney General of Okla¬
Oct. 1, 1945 to 1964. Enclose a
certified
check
for
$4,000, homa and final approving opin¬
ions of Chapman & Cutler, Chi¬
payable to the City.
'
;
and $10,000 2s. the 1943
assessed valuation (40 %<v actual)
CG0 2%s
-
annual
future
budget, face a brighter
through the refunding pro¬
City Administration.
Through this program high in¬
terest bearing bonds will be re¬
millions of
annually during the next
charges
dollars
10
by
*.*• *i
of
$8,000,000, of which
$5,843,000 has been refunded
and cancelled. ////.,. ■'/ /":"'/
,
placed with bonds carrying sub¬
stantially lower rates of interest.
service
•
sue
the
City officials confidently look for¬
ward to the reduction of the debt
•.•
2,156,000, dated Feb. 1, 1924, ma¬
turing in 1974, part of an is¬
that has been initiated by
gram
vcancelledi'*'
'"•!i
West
Wyoming School District,
(P. O. Wyoming), Pa.
Approved—On Nov.
Bonds
10,
Pennsylvania Department of
approved an issue
the
Internal Affairs
of $28,000 funding
bonds.
years.
indebtedness
The
costs
to
the
RHODE
will further be reduced by
the retirement by 1953 of bonds
ISLAND
city
G.
Sinking Fund holds $126,605,900 of the bonds, making the
net indebtedness $352,014,600. ; In
for
1933 the gross
city
funded debt of the
$568,800,400, the largest
by the city since
was
amount
owed
■/
1920.
Annual
budget
budget.
debt
cnarges
on
In
the
of
39.6%
to
;
the
1935
the
debt
service
took
36.9%; in 1942 it was 34.4%, and
by the end of the current year
receive
will
he
until
11
a.
(EWT),
m.
sealed
on
bids
in 1969. Interest J-J.
Other
Nov. 30,
1,
bidders
were:
Syndicate
composed of Smith, Barney & Co.,
Harriman Ripley & Co. Inc., Lazard Freres &
&
Co., Kidder, Peabody
Estabrook & Co., White,
Co.,
Weld &
Co., Hornblower & Weeks,
Braun, Bosworth & Co., Cumber¬
Securities
land
Corp., Nashville;
&
Gibson, Wisconsin Co., Milwau¬
kee; First Cleveland Corp., Cleve¬
land, and McDonald-Coolidge &
Co., bidding for $6,040,000 as 2V4s,
at a price of 100.33.
Syndicate composed of Halsey,
Stuart & Co., Blair & Co., Inc.',
Goldman, Sachs & Co., R. W.
Pressprich & Co., Union Secur¬
ities Corp., New York, F. S. Moseley & Co., A. C. Allyn & Co., P.
H. Moulton & Co., Webster
R,
Rollins
H.
&
Sons,
Hemphill,
Noyes & Co., Eastman, Dillon &
Co., Paine, Webber, Jackson &
Curtis, Otis & Co,, Bacon, Steven¬
son & Co., Kebbon, McCormick &
Co., Schwabacher & Co., Nashville
Securities Co., R. D. White & Co.,
Newton, Abbe & Co., Field, Rich¬
ards
& Co., First of Michigan
Corp., R. S. Dickson & Co., David¬
son & Co., A. Webster Dougherty
& Co., Campbell, Phelps & Co.,
William R. Compton & Co., Inc.,
Agee & Leach,
C. Bradford &
Sterne,
Almstedt Bros., J.
Co.,
& Co.,
Ross
Mullaney,
and
bidding for $4,680,000 as 2.30s and
$1,360,000 as 2.10s, at a price of
100.08.
■
the
purchase of $50,000 cou¬
pon
refunding,
Series of 1943
bonds. Denom. $1,000. Dated Dec.
1943. Due $10,000 from Dec. 1,
1954
1958
to
incl.
rate
one
Bidders
of
are
interest
in
to
a
Murfreeshoro, Tenn,
/ Bond Sale—The $148,000 semiann.
electric system revenue re¬
funding, Series
offered
bonds
A
158 p. 1987awarded to John Nuveen &
for sale
on
Nov. 19
-v.
multiple of
V4 of 1%. No bid for
and accrued interest
to date of delivery will be con¬
sidered and the right is reserved
were
less than par
Co., of Chicago, as 1S/4S, paying a
price of 100.12, a basis of about
I.74%. Dated Dec. 1, 1943. Due on
all bids. The
general obli¬
June
to
1941
"Anderson, City Treasurer,
C.
that
name
city's debt in the past 23 years
mpunted from 22.8% of the 1922
$4,680,000 2y4s, maturing July 1,
$530,000 in 1960, $540,000 in
1961, $560,000 in 1962, $570,000 in 1963, $590,000 in 1964,
$610,000 in 1965, $630,000 in
;
1966, and $650,000 in 1967. In¬
terest payable J-J.
1,360.000 2s, maturing July .1,
$670,000 in 1968, and $690,000
Ward,
Warwick, R. I.
Bond Offering—It is stated by
amounting to $117,476,000.
At the present the gross bonded
indebtedness is $478,620,500. The
City
follOWS:
reject
any
bonds will
and
be valid
gations of the City, and all tax¬
able real estate and tangible per¬
in
1
1956
Second
to
1959;
optional
prior to maturity.
for redemption
best bid
was
an
offer
composed of Strana¬
sonal property in the City will be han, Harris & Co., Inc., J. C. Brad¬
it will have dropped to 30.9%.
subject to the levy of unlimited ford & Co., and Webster & Gib¬
Since Dec. 31, 1932, the city has
ad
valorem
taxes to pay both
son, of 100.018 for $106,000 as 2s,
succeeded
in
reducing
its
out¬
principal and interest. The rate
on
taxable
intangible personal
than
property is fixed by statute. Prin¬
At that time the gross debt
cipal ar.d interest payable at the
was $561,159,600.
Rhode Island Hospital Trust Co.,
In addition to the $126,605,900 Providence.
The
bonds will be
in the Sinking Fund, the city has certified
by the same bank and
$8,874,200 in, U. S. Government their legality will be approved by
by
and
standing bonded debt by $92,539,100,
16%.
a
bonds
reduction
that
from the
of
cannot
more
be
deducted
debt by virtue of a
preme Court
Su¬
ruling governing city
bonds.
made to the
weeks
This year the
$28,033,438
in
and State tax
This
Storey,
Thorndike,
Palmer
&
Dodge, of Boston. Delivery will be
on
compares
paid last year.
city will pay out
interest, principal
its funded
with
debt.
$29,024,409
after
purchaser about two
of sale, against
date
payment at the above trust com¬
pany,
or
shipped to any member
Sys¬
Boston
or
New
York,
bank of the Federal Reserve
tem
in
draft attached. Telephone
bids ac-
a
group
$42,000
as
IV2S.
;
Tennessee
Rapid
Debt
(State of
Retirement
Fore¬
1, 1937, the State
of Tennessee had a total debt of
cast—On
June
$128,945,361.95.
During the sixyear period ending July 1, 1943,
this debt
was
reduced $32,910,206.27
and
annual
interest re¬
quirements
approximately
$1,'-
500,000. The State's debt of $96,035,155.68 as of June 30, 1943,Ms
scheduled for a further reduction
of
over
$40,000,000 during the
and all but about
next five years
$2,250,000 of the State's debt is to
2204
THE COMMERCIAL &. FINANCIAL CHRONICLE
be retired by 1957.
Foregoing
Texas
re¬
ported by Chemical Bank & Trust
Co., New York City.
holic
month
$164,923,
for the
of
showed an 8.2% decline,
$108,953, as against $118,690 for August, 1942.
tion with the
.
redemption of various
outstanding obligations said
to be eligible for refunding pur¬
suant to the decision of the Texas
Supreme Court in the Cochran
County case. Report of the offer¬
ing and details of the bonds pres¬
ently outstanding appeared in v.
158, p. 1779. County Judge M.
^-Scarborough reports that the two
bids
received
in
connection
with
the
offering were rejected. One
offers, made by ,E. S. Emer¬
son as agent for Eastern
dealers,
offered to purchase a $376,000 is¬
sue as 2%s, at par plus a premium
of $100. The other tender, made
on behalf of Stranahan, Harris &
Co., Inc., Toledo, was for the en¬
tire $1,786,000 bonds as 2%s, and
specified a 90-day limitation on
delivery of the bonds.
of the
Bond
Call—It
is
reported that
County Judge M, Scarborough is
calling for payment on Jan. 15,
1944, the following county bonds:
Funding, General, Series
Nos.
36
to
65,
1932,
to the amount
of
$30,000.
Funding,
Nos.
41
General, Series 1934,
70, to the amount of
to
$30,000.
and
77
to
Bridge, Series 1927,
81, to the amount of
$5,000.
Road, Series 1931, Nos. 85 to 99,
$15,000.
Road, Series 1931—A, Nos. 29
to 35, to the amount of $7,000.
to the amount of
Court House
and
Jail
Refund¬
ing, Series 1925, Nos. 127 to 133,
to the amount of $7,000.
Refunding, Series 1925, Nos. 2728, to the amount of $2,000.
Court House
and
Jail
Refund¬
ing, Series 1928, Nos. 121 to 126,
to the amount of
$6,000. '
Refunding, Series 1935, Nos. 50
to
58, to the amount of $9,000.
Refunding Road, Series 1935-A,
No. 55, to the amount of
$1,000.
El
Paso-Hudspeth
Counties,
461, to the amount
of $1,000.
Farm-Hospital Funding, Nos, 42
Road Dist., No.
to
47, to the amount of $6,000.
Interest ceases on day called. ~
Lamar
County Justice Precinct
Bond
Redemption
No. 1, Texas
Cancelled—
It is
stated by J. E.
Castleberry,
County Treasurer, that the notice
of
redemption
of
$62,000 3%%
Precinct No. 1 refunding bonds has
ment
called for pay¬
November 10,
at the
on
the
Supreme
Texas
much
the
,
Court in
discussed
Cochran
County case, according to the Chi¬
"Journal of
cago
Nov.
19.
Commerce" of
this
In
the
case
State
limited tax bonds of counties
Capitol
and
National
dated
are
maturing
Oct.
The., bonds
at the
or
Bank, Austin,
10, 1936;
Oct.
10, 1944
to
1952.
mentioned above
all of the bonds
original issue of $100,000.
City
Secretary,
of
$17,500
on
reports
Nov. 12
3%%
water
bonds
was
1943.
Due in 30 years.
voted.
that
an
works
Dated Nov.
'
at
issue
,
15,
wartime
the
Counties.
Here the
1943 figure is 7,973,929,
against .8,487,823 in 1940, a loss
of 513,897, or 6.1%.
-AX
as
A
final
the
estimates
for War
2, the tabulation
number
civilians
of
ends.
the
A/ A ,.A1
xxx
;,
•
finance
to
their
own
expenses,
and to provide
welfare
the money for the
social activities in
and
which they wish to engage."
"You cannot secure money from
the Federal Government for local
.
which
holders
to
■
step further than the Attorney
office.
In commenting
on the latter's
opinion, Mr. Wood
said the new
refunding bonds of
Tarrant County would be callable
at any
time, just like the present
bonds, rather than after a period
five years removed from the date
they
issued.
were
The
" % Ax.;,
lawyer pointed out
pending suits alleged
some
the proposed new
represented
that
that
refunding bonds
debt, on which the option of re¬
demption came into existence five
after
years
curred.
In
allegation,
that
the
debt
was
in¬
with
connection
this
,Mr.
Wood
declared
refunding bonds are
"the
therefore redeemable
immediately
upon their issuance at the option
county."
Local
municipal
clared
that
the
might
dealers
poinion
have
the
of
the
nomination."
pay to
tures which
firms
were
enter bids for
new
36,699
41,464
$365,000 in order that
30,457
33,668
36,939
40,989
Erie,
effect
denomination.
Genesee
not
likely
over a
the
Imperial
refunding flo¬
tations that would be callable im¬
Bank of the Manhattan
New
York
UNITED STATES
.should
be
accompanied by the
ownership certificate re¬
quired by the Dominion Govern¬
usual
ment
in the
as
/
on
have
Committee
reached
to
program
22,815
33,809
—
Monroe
38,510
37,282
Livingston
39.598
420,303
^.
438,188
X:,'. 53,446
59,142
264,943
295,108
50,152
55,307
125,619
Montgomery
134,091
24,703
27,760
Onondaga
Ontario
Orange
v-—-
Oswego
—XXiX
63,371
70,679
Otsego
T——~X
39.956
46,082
Putn amL '-XXXA•
13,996
88,190
——
16,555
i
91,098
62,892
.w_
65,606
18,799
11,540
20,812
■I
Steuben
12,979
26,030
25,732
81,190
XuX,--
84.927
195,354
32,570
„_™__,„i_X.
—v«.
42,340
76,513
Washington'
41,076
49,032
46,726
■'
dispatch
from
New
York
Nov.
north
central
to
take
grant requested the
sum
a
the
The
the
Tribune"
reported in part
lows:-. "
/'/'A;/ ;A
of
fol¬
as
"X/ 'A'
committee
adopted, by a
five-to-one vote at a meeting last
night, the project which its mem¬
bers a have
been
studying since
Wednesday. The report was laid
before them by Lactance
director of
pared
it
Honore
Roberge,
finance, who had pre-
in
,
collaboration
Departments, and Guillaume St.
Pierre, K. C., head of the city Law
Department.
in
At that time the fi¬
director
nance
which
delivered
a
he :specified
letter
that
his
committee, did
imply that he approved it. ;
Roberge said that he had i
changed his attitude since discus¬
sing the situation with the Mont¬
Mr.
real Bondholders" Committee and
de¬
we
by WFA.
accept
are
Federal
torney General of Maryland, de¬
Nov.
16
in
an
address
before the National Association of
resolutions
committee
when
convention
assembled
and
the
was
bers
of the City Council. It; can
stated, however, that the plan
provides for an over-all rate of
virutally
'on
the city's
the
debt and
re¬
payment of the whole of the debt
X'
Corbalis was instructed to also
inform the FWA that if the proj¬
by installments over a period of
35 years from the date to be set
ect should be constructed at once,
the board will consider leasing the
The plan calls for the replace¬
ment of a long list of bond issues
X;'.
' ,x
system, the cost of rental
for the
and
by service charges assessed
against users. A / A;; "
xxA:
WEST
Kanawha
Bonds
on
of
was
priority, such
WISCONSIN
Sale—The
bonds
Jackson & Curtis,
Ross
&
jointly,
Co.,
as
100.7148,
The
$175,000
bonds
tion
16
both
of
deemed
within
price of
April
1
shall
from 1947 to 1953 inclusive/ Other,
bidders
were:
Bidder—
Daniel F.
Milwaukee
Int. Rate
Rice & Co
Co,
Halsey, Stuart & Co.__J
•
X
Local ' banks
Price -'
VA'/o
100.68
lVV
100.64
1 V<
"
'
X,
100.62
100.91
•,
■
that
have
been
>
bonds
series. It
showing how
debt must be re¬
the
the
in
year
•
order
liability
specified' and
the
up
number
that
selected for
Law
of
amount
redemption
by a lottery, each year. ■
The project was turned
the
to
whole
period
that
making
be
in
schedule
a
each
stipulates
bonds
on
these
liquidate
basis of about 1.132%.
mature
by
short-term loans
as
banks
much; of the
Chicago,
a
of
includes
Webber,
and Mullaney,
l%s, paying
a
re¬
Nov.
offered
dates
interest
outstanding
longer / than
some
long-term loans, and bond issues
that are already overdue for re¬
demption/and the B series/ com¬
prising most of the debt that is
not yet redeemable.
The plan provides for
redemp¬
voted at
Nov. 20, by a wide
awarded to Paine,
the
from
$3,~
Marinette, Wis.
were
of
sidered most urgent or entitled to
margin, it is stated.
funding
maturity
rates
bonds, A and B. The
A - series' would
comprise those
whose redemption might be con¬
VIRGINIA
issue
various
various
two series of
County (P. O. Charles*
ton), W. Va.
Voted—An
first repayment.
showing
be
to
borne
Bond
properly
mem¬
be
of
a metro¬
of
,
interest
those which had at least
Walsh Reasserts Rights of States
now
3%%
16,381
were
,
with
Parent; K. C., Director 4)f
whole
/approximately $600,000, but
projects included in
the application were not approved
15,079
—-——
on
on
to
to
21
several of the
the election
half their populations in
politan district in 1940.)
clared
Montreal
"Herald
of
000,000 airport bonds
states, every one of the other Attorneys General,
seven geographical divisions un¬
The Maryland Attorney General
derwent
losses—ranging
from was appointed chairman of. the
west
a
bond issue for the
a
31,394
tic
in
county
28,689
striking example of war-in¬
activity, we are
shifts among the civilian selling our birthright for a mess
population also is provided by the of pottage," William C. Walsh, At¬
in east north central.
the
52,747
funds to finance what
1.9%
feas-.
The original application
36,035
reported
7.9%
the
87,017
politan counties have registered a
2.4% increase, the Census Bureau
Except for a
1.3% increase in the South Atlan¬
that
steps to float
amount.
for
27,072
-33,674
——
Tompkins
24,546
46.477
Sullivan
195,905
37,901
to End Agreement in Federal Con¬
Pacific Coast states.
period of years, is not
ible at this time. x-vAA --v*.-:-'
,
—X--X
fined
gain recorded for the three
agreement
submitted
City Council for refunding Mont¬
real's outstanding, debt. A special
have been distributed to all
82,445
r
to
condition
263,163
fields
an
be
said
The details of the plan will not
be made public until copies of it
19,102
State
Reached
is
been approved and it notified the
board of supervisors that it is on
(Metropolitan counties
Oct. 30.
Agreement
Refunding Program—The City
Executive
$365,000 grant for the project has
Census Report Reveals Gain
by
Urban
Areas—Although the civil¬
ian population has
declined 2.4%
since 1940, the nation's 237 metro¬
on
X.
4,188
Yates
A
■;
Montreal, Que.
(
Tentative
27.926
70,261
trol—"When
-
44,481
256,305
as
of coupons.
case
QUEBEC
2,895
■
*
Company,
Debentures
obtaining its viewpoint, and was
prepared fully to recommend
the new project.
A
~
United States
City.
in
at the
or
The FWA has announced that
Wayne
Wyoming
mediately after issuance.
Canada
48.597
Jefferson
Ulster
of
34,178
Lewis
Warren
Bank
the Dominion of Canada
24,304
Herkimer, Oneida
Tioga
thereon, holders
of the above described bonds will
be paid interest at any branch of
40,973
.
Suffolk
■
44,286
—_
Seneca
«
45,165
Saratoga
to
proposed
a
120,542
_
Greene
Schoharie
;
On presentation of their deben¬
•
tures for notation
40,815
Schuyler
of
•
957,677
;—_.—
Madison
1,
29,825
.
de¬
issue
bond
118,795
Fulton
Orleans
that
request
ax
Federal grant for construction of
lateral sewer lines can be repaid
'
Essex
Franklin
agency's
county float
966,545
Niagara
June
on
not
51,246
Dutchess
matured
1937, interest at the rate of 2%%
per annum, in respect to the halfyear ending Dec. 1, 1943,
being
the sum of $11.25 for each $1,000
from the executive
42,875
—
will ,J
for
Clinton
Delaware
Province
holders of its deben¬
the
36,454
Cortland
The
also
engineer, to advise the FWA that
73,718
—_—
I,1 1943, being
$1,000 de- i
of $15 for each
sum
the
76,457
Columbia
the
at
submitting the report, drawn up
according to instructions received
33,800
Mr.
retarding refunding operations of
the
Texas
counties.
The
point
they raised was that municipal
bond
.
123,580
St. Lawrence
of the
Wood
115,595
Chenango ____X
Hamilton
continuance of old
a
Chautauqua
Chemung X—
Dec.
on
bonds
in respect of the half-
ending Dec.
year
—r
General's
matured
of these
.
■
a
.
1, 1941, that interest will be pak%
"Today almost everyone is
ing on record in favor of such
accomplished until the States
and local governments are willing
on
bentures
Ax .rate of 3%
go¬
be
(Province of)
Interest
emergency
restoration," Mr. Walsh said. "But
as a practical matter, it will never
registrations
on
Ration Book No.
sets
of
revision
when
States
use," the Attorney General de¬
clared, "without eventually' ac¬
cepting Federal rules and regula¬
tions governing the expenditures
of money.
•
V • A A
"And until the people are will¬
ing to get along without. Federal
are
callable as a result of this
standing on April 1, with various money," he continued, "there is
ruling.
Investment .bankers
in
adjustments to account for chil¬ little, if any, hope of lifting the
Texas and holders of outstanding
dren born during March and the rules of Federal bureaucracy from
bonds are opposed to these re¬
country, no
matter
which
total number of persons eligible to the
funding operations, and several
party is in poWerx
\
register for the books.
>
suits have been brought in the
"I am hopeful that by the time
The present figures show the
State and Federal courts to re¬
the1 war is over the opposition to
District of Columbia as the big¬
strain counties from proceeding
Federal bureaucratic government
gest gainer in civilian population will have
with these financing operations.
become so strong that
on a percentage basis—from 658,One of the governmental units
the people will be willing to pay
018 to 833,720, or 26.7%. Nevada's
that is seeking to accomplish a re¬
full cost of State and local gov¬
25.7% jump from 108,761 to 136,ernment from their own pockets."
funding, in light of the decision
685
was
the
largest among 12
in the Cochran County case, is
states recording increases. North
VIRGINIA
Tarrant County, which embraces
Dakota fell 15.6%—from 641,692
the
City of Fort Worth.
This
Chatham, Va. X
;•>,
to 541,395—to take the sharpest
county is seeking to refund some
Bond Call—It is stated by C. G.
Ax ■
$360,000 of outstanding 4%% ob¬ drop. a AComparative figures for New Bishop, Town Clerk, that $50,000
ligations which were issued in
5Va% water and sewer bonds,
1922 to refinance a portion of $1,~ York State counties follow. (Met¬
dated Jan. 1, 1924, ; Nos. 1 to 50,
600,000 of road and bridge 5s, sold ropolitan counties that include are
being called for payment on
population in the same metropoli¬
in .1912..
\
Jan. 1, 1944, at the Planters Bank
Approached by the county for tan district are shown together.) & Trust Co. of Chatham.
an
Estimated Civilian
opinion on the proposed re¬
Population
Fairfax County (P. O. Fairfax)
funding operation, the State At¬
Mar. 1 *43
Apr. 1,140
Countytorney General's office said: "It
xTXAftxA;
Va. ,V
AA^XxvA/
Albany, Rensselaer,
is our opinion that the
Bond Issue Proposal Rejected—
465,500
442,586
Supreme ; Schenectady
39,681
37,480
u
The, following
•Court would hold that the refund¬ Allegany
report is taken
Bronx, Kings, Nassau,
from the
ing bonds are optional, and we are
Washington (D. C.),
New York, Queens,
"Post" of Nov. 12:
therefore approving such bonds."
* :
Richmond,
Rock¬
8,487,823
Local municipal dealers pointed
7,973,929
The Fairfax County Board of
land, Westchester.,
165,749
159,745
Broome
out that David M.
Supervisors has authorized J. J.
Wood, of the Cattaraugus
72,652
64,236
X 65,508 Corbalis, county sanitation district
municipal bond law firm of Wood, Cayuga
59,359
8.2%
Collins,
under
Alberta
control
ual
and V.Westchester
duced
«
Voted—Homer
the election
an
'
Leonard, Texas
Bonds
are
outstanding of
ALBERTA
said had been
Federal
to
land
based
were
five years
he
which
powers
promptly restored to the individ¬
.
Supreme Court held that certain
were
State Treasurer's office
;
State
of
notifying holders of Province de¬
by
been cancelled and rescinded. The
above bonds
list
a
Care should be-exercised, he said,
that
these
same
powers
are
Hoffman, King and Dawson, Went
Road
Nos.
reviewed
populated area embrac¬
Bronx, Kings, , Nassau, New
York, Queens, Richmond, Rock¬
ing
securities
years and to be issued in connec¬
Walsh
heavily
decision handed down
a
previously had been re¬ March 1 at 128,231,363, contrasted
Bonds Defeated—K. J, Hood,
to
garded as non-callable.
131,323,136 estimated on the
City Clerk, reports that at an
The decision, handed down last basis of the
April, 1940, enumera¬
election held on Nov. 13 the $350,- summer,
was
made in a man¬ tion^ .>;•, J A :X-X'. /
000 electric revenue system bond damus
proceeding
brought
Civilian"; population of metro¬
by
issue was defeated.
'A-■ Cochran County against the At¬
politan counties during the same
torney General of Texas to com¬ period jumped from 66,775,729 to
El Paso County (P. O. El Paso),
pel him to approve a refunding 68,402,647., No figures are avail¬
Texas
flotation of the governmental unit. able to show, the number or dis¬
Bids
Rejected — The
county
Since then, other counties have tribution of military personnel.
asked for bids until Nov. 23 on a
taken steps to refund outstanding
The bureau explained that the
total of $1,786,000 refunding bonds,
securities, not previously regarded estimates are based on the num¬
to mature serially in from 1 to 10
as
optional, but which they feel ber of Ration Books No. 2 out¬
•
:
The state's total for
Payment Notice—Pro¬
vincial'Treasurer S. E. Low is
after issuance,
notwithstanding the fact that the
Alvin, Texas
execu¬
•
emergency.
callable
TEXAS
population elected to the association's
5.7%, the es¬ tive committee.
surrendered
visions of
cording to official figures given
out by the State department of
finance and taxation. Beer tax
being
timates show.
or
1943 is given as 12,684,378, as com¬
proposed to be undertaken
by Texas counties under the pro¬
month last year, ac¬
revenues
759,644,
pared with 13,444,022 in 1940.
The greatest' loss was in the
are
tions
compared to $266,002
as
same
cur¬
State's
York
decreased
manifesting consider¬
rently
totaled
August
By
able interest in refunding opera¬
beverage tax collection for
the
Refunding
Counties—Municipal dealers
Beverage Taxes Down —Alco■
New
(State of)
Study
Dealers
Monday, November 29, 1943
Department,
over
with
to
in¬
structions to draw up a draft
by¬
law ••• for. submission to the
City
Council.*
'
,
@FedFRASER