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pjS. ADMI
UWA*Y
MONDAY
NOVJOgfe
Office'
R<*. U. S. Pat.
Volume 156
Number 4129-
New
.
CITY
AND
STATE
Price 60 Cents
York, N. Y., Monday, November 30, 1942
a
Copy
DEPARTMENT
BOND PROPOSALS AND NEGOTIATIONS
that
of
are
vital
interest
the
to
State."
•
In This Issue
•
County Government already is
over-burdened,
and.
Corporation News
Annual
revenue
in
Camden
water
will
be
Mr.
Sims
to
unable
000
finance
will
State and
^
City News
ments.
cular
set
health
which
patients,
county
agents
The State official
Exchange
Curb
York
New
curtailed.
that
Exchange
the
would
revenues
•
ordinance
the
Miscellaneous
(See Index Below)
of the town's outstanding
—T h
water
.
industrial
city-owned
e
supply system earned a net
J"^profit of $6,899.60 after
tion
of
bond
for
ciation
a
period of Oct.
the
and recent collections which
urer
have
not
^et been forwarded.
deduc¬
ARKANSAS
1,
financial
report submitted by William J.
Christian,
Auditor
to
Mayor
Cooper Green, showed.
1941, to Aug. 31, 1942, a
re¬
funding bonds. This amount, the
Treasurer
said,
includes
the
funds now with the State Treas¬
and depre¬
interest
3%
(State of)
Sinking Fund As
Deficit Insurance—J. Bryan Sims,
Huge
the
will
fall
off
as
ceipts
to
decide
for
by
estimating the returns
the property
would remain approxi¬
mately the same.
based
on
about
7.2%
Mr. Graham estimated the over¬
the general fund and at least
$6,000 in street funds.
Beard
weeks
by
that general fund re¬
the Collector's office
fall
off
approximately
would
1
because
ance
of
a
decline in the
automobile
of
This, he said, was
probable decline of
in ordinary tax col¬
a
40% decline in de¬
linquent tax collections.
Since
delinquent collections account for
ago
ceipts
a
lections and
several
estimated
property tax collec¬
tions at 7.8%.
in
Mr.
a net return on
of 91.373%.
Mr.
assumed
all decline in
'
recommended
improvement
1943
valuation
only a small part of the total the
weighted average of the two fig¬
is 7.8%,
ures
Mr.
ceipts
tax
make
the engineer.
charge
Graham in
as
$135,000 from the somewhat high
equipment and supplies, and the figure of $563,000 this year and
remaining $75,000 to be sold if the (that street fund
receipts, largely
should
represents
tax
county and State taxes of $15,000
Light
Company
was
published
here
Nov. 11, and Mayor Harrell ex¬
plained details of the project. An
engineer's report placed the value
of the water works at $265,004.
The city proposes to issue $335,000 in revenue bonds, proceeds to
be used as follows: $265,000 for
purchasing price, $15,000 to begin
operations and for purchase of
Graham said the city's re¬
from
and per
the
three-mill
ply .system for the period was
$258,039.83 which included $254,683 A1 in water sales to custom¬
ers.
Expenses were $43,741.18
Comptroller
State
probably decline from about $73,licenses, 1000 this year to $67,300 next year.
financing of State
during the current
orderly
Government
of
for period
Details
bill would
a
would provide
which
drafted
be
for
Arkansas,
for
announced that
has
$2,500,000
revenue uncertainties.
of the legislation' have
operation and maintenance and
not been worked out,; Mr. Sims
$214,298.65 operating income.
A depreciation charge of $83,- said, , but essentially it will pro¬
vide for creation of a giant sink¬
444.13 was made for the period.
ing fund of several million dol¬
lars from surpluses in the various
;
ALASKA
could be made to departments or
fire
hall bonds sold to the Miners &
Maturity—The
••■i
$50,000 3%
Merchants Bank of Ketchikan,
at
reported in
columns, mature $5,000 on
previously
as
par,
these
Oct. 1 from 1943 to 1952
:
terest A-O.
Refunding Bonds of 1943, Series F
transfers
which
from
accounts
Ketchikan, Alaska
1
incl. In¬
institutions
of
*
if
appropriations.
Mr. Sims said present plans call
for
transfers
the
measure
Governor's
be
to
%
ARIZONA
i
Holbrook, Ariz.
Sale Details.—The
by authority of the
ifund. He
of the bill
emergency
Bond
$94,-
ODO 4V4% electric light plant rev¬
bonds
enue
156,
p.
reported
1729,
Boettcher
&
were
Co.
sold
in
v.
purchased by
and
Oswald
F.
Benwell, both of Denver, at par.
Miami, Ariz.
Funds
Available For Bond Re¬
demption
—
S, W. Ellery, Town
&
of
$45,000
Treasurer, informed Vidrine
Co. of Phoenix, under date
Nov.
was
16,
that
a
sum
of
legislators.'
available for the redemption
INDEX
J
revenues,
~
^
surplus
■!
any
Prices
to
does
not
Exchange..
1917
Exchange........1933
Other Stock Exchanges
.....1938
Unlisted Securities
.....1943
State and City Department:
Bond Proposals and Negotiations. 1905
Gen. Corporation and Invest. News. 1947
Dividends Declared and Payable... .1913
Redemption Calls and Sinking Fund
Notices
1913
The Course of Bank Clearings......1944
New
York
Stock
New
York
Curb
These bonds
Messrs.
circumstances/' but that
to
were
revenues
made
be
of
which
a
-
Foreign Exchange Rates............ 1946
Auction Sales
1946
may
.
are
offered when,
expected
are
result of passage
to be
of the
Sims
be obtained in any state in which this announcement
revenue
those
year,
CENTRAL REPUBLIC COMPANY
MULLANEY, ROSS A COMPANY
d, CO. INC.
PHELPS, FENN & CO.
OTIS 4, CO.
INC.
MILLER, KENOWER A CO., INC.
various
the
and
more
wine
than
during
\
the
"went
for
as
1941-42
-things
1945. Interest payable January !, 1944 and semi-annually, January 1 and July 1, thereafter,
Principal and interest payable in Chicago, Illinois. Coupon bonds in the denomination of $1,000, registera e
to
principal only. The information contained herein has been carefully compiled from sources considered
retiable, and while not guaranteed as to completeness or accuracy, wc believe it to be correct as ot this-date.
Dated January 1,
taxes
$3,500,000
the Comptroller said
revenues
is circulated only from such of the
securities in such state.
STRANAHAN, HARRIS A. CO., INC.
that
beer
brought in
approval oj legality by
delivery. The offering circular *
undersigned and other dealers as are licensed and offering these
declared.
Reporting
until redeemed
and if issued and received by us and subject to
H ALSEY, STUART
act providing for easier
option liquor elections, Mr.
fiscal
as
Chapman £2? Cutler, whose opinion will be furnished upon
i
local
liquor,
yield 0.80% to 2.00%
the
Legislature's major
problems will be to replace reve¬
as
to
optional date and coupon rate of 2% thereafter
fell below ap¬
propriations.;
One
'
only
allocated to that par¬
ticular department
in
levied against all the taxable
propose
initiated
Quotations:
in the opinion of counsel wilt
therein without limitation as to rate or amount.
highway
of
.
transfers
nues
property
could not be pooled,
said
the proposed
to al¬
low any institution or department
to exceed its appropriation "un¬
measure
lost
through 1962.
obligations of The Sanitary District of
Chicago, payable from ad valorem taxes to be
1
Sims
Mr.
if
and accrued interest on January 1 or on any
a
$5,145,000
der
par
*
date thereafter, $125,000 each year 1944
constitute valid and legally binding
.
said that there
surplus of about $20,000,000 in the various State accounts;
but that some of this, notably a
f
Optional serially, at
January 1, 1963
These Bonds, to be issued for refunding purposes,
The Comptroller
was
V
interest payment
would have to be worked out by
the
1
"
under
made
added that this phase
^
Due
fell short
revenues
November 26,
1942.
road
capita road tax will
issu-
.
Total income of the water sup¬
to
$187,000.
$180,918.78 this year,
in
"hold-back."
are
City
Clerk
H.
C.
Graham hold good. Mr. Graham
forecast a decline in receipts from
and
or
$20,102.08
This
the
rev¬
and
Beard
charge,
millage tax receipts are ex¬
Other
plus
much
the
of
pected to decline proportionately.
So far the city's ad valorem re¬
Ark.
Issue—City
valuation of $44,000,000
sessed
Marion L. Crist,
$175,000 during 1943 if estimates
of receipts from all sources pre¬
pared
by
City
Collector
Roy
System—
authorizing pur¬
system from
Power
and
Revenue Loss Put At $175,000—
water
Arkansas
council
Arkansas
Plans
of
bonds
Plans Refunding
enues
chase
Birmingham, Ala.
♦Water System Profit At $6,899
85%
for
Little Rock,
-
May Purchase Water
An
ALABAMA
from
charge of $220,000 on an as¬
aside
engineer for the Little Rock Mu¬
nicipal
Waterworks,
made
the
survey and appraised the prop¬
erty.
Camden, Ark.
Unlisted Securities
of the
fall
tax
until
come
usual 92.2%
the
interest.
purchase plans.
predicted that
not
More
tax,
hearing was held Nov.
23 at the city hall to discuss the
He added, however,
big drop in income tax
next year.
Out-of-Town Listed Markets
the five-mill ad
which will net an
estimated $202,000 this year, will
from
valorem
and replace¬
than $18,500 will be
A public
State
gasoline revenues would be re¬
duced approximately 25% and that
income taxes, would be sharply
QUOTATIONS
Stock
the
and
supports with liquor funds.
now
New York
units
Mr. Graham estimated that net
receipts
repairs
expenses,
costs of supporting county tuber¬
-
decline $19,000 from the
approximately $89,000 this year.
would
of
than
more
It is estimated that $24,be needed for operating
$60,000.
said,
sale
from
is
THE COMMERCIAL & FINANCIAL CHRONICLE
1906
He would make
prediction
no
after al¬ bonds will be paid.on Jan. 2, 1943,.
$1,800,- at par and -accrued interest evi¬
670.35, and cash on hand in sink¬ denced by coupons due Jan. 1,
the expense and risk of holders, ing funds
motion said.
and special accounts 1943, on presentation with all sub¬
w
'•
It said unless enjoined by the accompanied by appropriate writ-- amounting /to.
$204,074,26, City sequent unmatured; coupons ' at¬
court the Commissioners will con¬ ten advice.
Comptroller Allen W. Hall re¬ tached.
' ■/* •'\ "■ •
•Mr.
Johnson
also
announces ported to the Finance Board.
tinue to pay out funds which are
Winter Haven, Fla.
due the State on the judgment. It that
State
of California /India
The gross debt, including school
Bond Suit Injunction Denied—,
asked that the $20,298.26 be ap¬ Basin
bond, bearing Serial -No. district
debts
of
$454,600
was
Federal Judge Barker, on Nov. 2,
which
was
among " those • $381,620.95 under the legal debt
plied on the judgment. The mo¬ 580,
declined, to issue a temporary in-r
tion
asked
that
the
Matthews called for redemption, on J.an.-2,
limit, 5% of the grand list, but
junction against city officials in a
Company and the Commissioners, 1942, has not yet been presented the statutory net debt was given
suit involving payments on bonds,
W. R. Roddy, W. B. Sanders and for payment.
This bond should as $965,670.35. /
according to Florida news dis¬
W. H. G. Garms, be required to be presented for payment imme¬
Mr. Hail's report was the first
patches.
;
diately as interest ceased to ac¬ condensed
appear in the case.
quarterly
accounting
"Attorneys for bondholders had;
The suit on which the 1935 de¬ crue as ,of the call date.
presented to the Board.
It was sought to enjoin the city from di~;
cree
was
entered
was
filed in
Revenues
At
Record
High-— compiled under a system of re¬
verting funds in the interest and
1932 by then Prosecuting Attor¬
Running
along at ■ the
rate^ of porting instituted' July 1 to give sinking fund from payment on
ney Carl E. Bailey.
A judgment $496,421 a day for a full year, The
taxpayers full and simple infor¬ $2,000,000
of general refunding
was
entered against District
28 State Government's total income mation
oil, .the
city's financial bonds issued in 1933, and to enjoin
and
Little Rock - North Heights for
the
fiscal
year ending
last condition.
the city from failing to levy taxes
Road District No. 27 but was dis¬ June
30, was $345,443,602—great¬
pledged to servicing the 1933 is¬
missed against 14 other districts est in the State's
history, State
DELAWARE
•
sue.'' ;
''
; ' ■./;.. "'T
named in the complaint.
Controller
Harry B,- Riley - re¬
.The city had moved to dismiss
Sussex vCounty
(P.
O.
George¬
ported.
'.;.
Pine Bluff, Ark.
the-suit, which motion was denied
town), Del.
Compilations showed the rec¬
Bond Sale—The Simmons Na¬
Bond Sale—The Farmers Bank and the city granted 30 days in
ord-breaking total was 15.3%-, or
which to answer.
tional
Bank of Pine Bluff, the
of
the
State
of
Delaware,- of
$45,831,171, greater than - for - the
The court declined to issue the
only bidder, was
awarded the
Georgetown, was awarded on Nov.
1940-41 fiscal year.
'■
'/
/ 18; an
$25,000
hospital u site
purchase
issue of $25,000 3% airport temporary injunction sought by
TheCombined ; State -income
bonds offered Nov, 17, paying a
bonds at a price of 112.02. Dated the bondholders, but preserved to
represents a total of $50.01 /per
the plaintiff the right to renew
N6v. 20, 1942. Denom. $1,000.
price of 101.
capita,- and does not include coir
the application for the injunction.
Van Buren County (P. O.
lections of unemployment insur¬
FLORIDA
D. C. Hull and Neil Christiancy,
v-/ ■.)
* "•
'
;■
ance taxes which are collected by
Clinton)* Ark.
of the law firm of Hull, Landis,
the State but held in trust for ex¬
Auburndale, Fla.
Seeks
to
Purchase
Bonds
Graham and Ffench, at DeLand,
Farish Fraser, County Clerk, has
penditure by the • U. S. Social jj Hearing On Additional Interest
represented
the
bondholders,
of the city are
notified holders of the 1940 .re¬ Security Board.
."/'■•/
: Claim—Creditors
while State Senator Harry E. King
owned
re¬
to
is not
enough information
estimate that any¬
thing will be received." This year
Little
Rock
received
$17,141.82
permit
from
an
this
7.8%
a
decline
in
millage tax revenues the city
will be able to meet all bond obli¬
gations
will
for
the
issues
10
within
come
As
which
2V2-mills
the
limitation next year,
said.
Mr. Graham
example of the bond re¬
and the amount of
an
quirements
which
revenue
will
probably
be
available, Mr. Graham cited the
airport issue of $75,000, which
will mature in March, 1944.
The
city will have an estimated bal¬
of
ance
the
for
$79,805.80
will
requirements
only
be
bank
a.
trust- company.
or
-
debt
$2,859,000,. a met
lowable
^
deductions
-
of
The bonds must be delivered at
-
.
V;
pay¬
ments which will be due then and
the
guaranteed by
the-owner must.be
These
company.
,
source.
the basis of
On
the
by
funds, totaling $20,298.26, are on
deposit at.the Union Bank, the
garding receipts from State gaso¬
line turn-back beyond saying that
"there
Mondayv' November 30, 1942
-
.
$77,257.50.
.
In
this connection
Graham
Mr.
pointed out that the City Council
will be asked to reduce the levy
for
set of bonds and
one
increase
levy on another.
The total
levy, which will be certified to
the Pulaski Quorum Court for its
levying session Nov. 16, will be
the
the
same
that
as
The
Fire
bonds
(1940),
,
mill, will
mill.
Next
which has been .30 of
a
be reduced to .20 of a
funding
wants
to
biggest
advised that pursuant to an order
State's
yielding
$132,576,351
of April 30, Treasury,
bonds who during the fiscal year, an increase
made by the District Court of the
that; the.
bonds
will probably be the last on
which
collections will be made
$500 bonds, issued
1940.
Holders
for
wish
to
as
of
the
single
the
oi"
payment of these bonds, Mr.
Graham said.
The savings in the
reduction of this
levy will be
sealed bids with the County Clerk
added to another
to
station
$25,000 issue of
equipment bonds.
The city will be
all
before
unable to meet
in
that
Rock-North
State
On
Sues
Collect
To
Bonds—The
$56,664
following report
said
vehicle fuel taxes and licenses, up
interest
to
date,
$1,000
the
of
provisions
the
1909,
serial
numbers
demption
will
2,
on
race
re¬
14,
645,
of
California
for
the
ans,
407,
of
of
quire the district's Commissioners
bonds
and
with.
by lot have been complied
The bonds,called will be
the
pany to
in
action to
$20,298.26
pay
Coim
Matthews
Justin
Union National
re¬
deposit
on
judgment was obtained in
Pulaski Chancery Court suit to
collect
by
money
the
State
Chancellor
paid
district
bonds.
retire-
to
Dodge
the
ruled
May
on
18, 1935, that the district as or¬
ganized in 1927 did not comply
with
the
the
Martineau
same
year
law
road
and
was
not
of
Yesterday's action
was
an
out¬
Bond
on
District 28's af.-
fairs, Mr. Holt said.
It will test
the validity of the 1935 judgment,
which the State had made
fort to collect.
no
ef¬
The
judgment al¬
lowed the State to share pro rata
with owners of outstanding bonds
in proceeds of the district's col-
lectipns.
Mr.
Holt's
about
$9,000
had
alleged that
been collected
from assessments since the decree
It said about $12,000
was
entered.
had
been paid
second, bond
of
the district on its
issue
under Act
63
1931, subsequent to the decree.
This payment was
ously" by
an
made "errone¬
agent of the
State,
it said.
Justin
Matthews
owners
Company,
as
of the district's
bonds received from the St. Louis,
Mo., paying agent
payment
coupons
of New
on
for
on
certain
Cali¬
Sacramento,
at the option
before
or
Jan.
of
2,-1943.
Instructions
the
; ■-
<
have
$77,000,009
'
should
of
any
such
the
bonds
be
detached
ma¬
called
are
that
bonds
from
before
presented for
re¬
rially,
2,
of
present
revenue
-
do- not increase mate¬
Director- George
Killion. revealed Nov. 8.
' v4
Killion
said
he
recommend
to
new
1
.ad¬
of Gov¬
record
surplus
July.1, 1945.
Killion
said
of
$75,000,000
on
.!■
.
if
it
is" desired
to
ILLINOIS
Sanitary
Chicago
O.
(P.
District
Chicago), III.
Sale—The
Bond
$2,500,000 se¬
refunding bonds of¬
23—v. 156, p. 1729—
tion of certain additional bond in¬
fered
were
owed
of
April 1, 1939
under the provisions of the Fed¬
eral
as
Municipal
dition
Bankruptcy
the bond
to
cluded
under the
ruptcy
petition
Act.
interest origi¬
original bank¬
filed
inf this
a
Composition as to the additional
bond interest, together with any
answers or objections filec
by the creditors which- objections
on or
the
before 10 days
-j
have
to
the
court
decree the additional bond inter¬
est
be
composed
terms and
to
conditions
under
like
the bond
as
interest described in and affected
by
the
court
of composition
confirmed
by
plan
and
proved
*:■
ap¬
the
by the interlocutory decree
dated Dec. 30,
on
Nov.
6, that the Peoples Bank of Au¬
burndale, as escrow agent, is not
obliged to, and shall not issue any
participation certificates until the
court has adjudicated the correct
as
of April
Purchased
the
with
18
—
call for
connec¬
tenders
on
$200,000 refunding
series GM, A. E.
Fuller, Director of Finance, re¬
ports - that the City Commission
Authorized acceptance of the fol¬
lowing. offers:
Chase
National
Bank
of
New
York,
$136,000
bonds
to
1940,
3.439%
yield
to 3.57%;
Co., Miami Beach, $64,000. to yield 3.46% to 3.49%.
Atwill &
Chi¬
of
National
nental/ Illinois
Bank
8i
Trust Co., City National Bank &
Trust Co. and the American Na¬
tional
&
Bank
Trust
Co.,
all
of
Chicago.
% Other
l&
bids
(for
2Y4s):
Harri-
Ripley & Co., Inc., and Blyth
man
Co.,
*
and
102.089;;
associates,
and
National
Chase
of
Bank
Bankers
Trust
New
Co.
of
New York, and others, 101.309;
National City Bank of New York
and
Kidder, Peabody & Co. and
associates, 101.179.
Cook County Forest Preserve
Dis-
(P. O. Chicago), III,
trict
No Tenders Received—No tend¬
On
of
-
of
National Bank
First
ers
In
100.047 for 2s was
account composed of
Harris. Trust & Savings
Bank, Northern Trust Co., Conti¬
1, 1939. I
Miami, Fla.
4, Bonds
tion
Dated Jan.
cago,
total amount owed by the city for
bond interest
an
York
1939.
Tne court also decreed
i
of
bid
made by
j The city by the supplementary
petition seeks
basis of about 1.98%.
high
and all
to be filed
com¬
of
1, 1943. Due Jan. 1, 1963; optional
$125,000 annually on Jan. 1 from
1944 to 1962 incl., or any interest
payment
dates thereafter.
Reoffered to yield from 0.80% to 2%,
according v to
maturity.
Second
be held on Jan. 29, 1943, at 10
O'clock a.m., in the City of Tampa
on\the petition and the plan ol
prior to Jan. 29, 1943.
syndicate
a
Halsey, Stuart & Co.,
Inc., Central Republic Co., Chi¬
cago; Phelps, Fenn & Co., New
York; Otis & Co., Cleveland; Mullaney, Ross & Co., Chicago; Miller,
Kenower' &
Co.,
Detroit;
and
Stranahan,
Harris & Co., Inc.,
Toledo, as 2s, at a price of 100.136,
a
made in
are
Nov.,
awarded to
posed
mistake
having been
calculating the outstand¬
ing bond interest. A'hearing will
cause,
bonds
would still .leave the State with la
Winter
received by the district
were
Nov.
23 in response to
its
re¬
quest for tenders of series A and B
j'efunding bonds of 1939.
Cook County
I
No
ders
purchase
|
B
Received—No
received
were
response
and
(P. O. Chicago), III.
Tenders
to
Nov..
ten¬
18
in
the county!s offer to
outstanding
series
A
refunding bonds of 1936.
Has $5,000,000 Deficit—Revenue
from tax penalties in
this
Cook County
$3,500,000 short of
Polk County (P. O. Bartow), Fla. the estimate, putting the county,
already in the red, $5,000,000 in
Road
and
Bridge
District
3
year
fell
.
the
bonds.
such
Bonds
having
missing
coupons
paid; however,
a
the
amount
will
any
be
deduction from
In calculating the prospective
surplus, Killion figured on a $40,-
000,000 drop in 1943-45 sales tax
This
3%
tax
yielded
$122,000,000 during 1941 and may
revenue.
principal
for
maturing
any
on
missing
and
after
will
be
coupons
July
2,
reach
$125,000,000 this
time
curtailment
year.
of
War¬
consumer
goods is lowering the revenue.
1943.
Registered
bonds
must
be
owner
bond,
by endorsement
and
the
signature
on
of
Bristol, Conn.
Debt
Oct.
Status
—
The
city
as
Chairman Board of
missioners
of
1, 1942, had a total debt-of
James
that
nounces
Bridge
Payment
for
Called
Bonds
Special
District
the hole.
—
County Com¬
W. Foley an¬
No.
Road
3
Nos. 383
and
refunding
and 384,
bonds
of
413 to
424, 428 to 432 and 438 to
1938,
As the
15 County Board mem¬
bers, fresh from their election
campaigns, began to prepare the
1943 budget, they were advised
that the county's financial situartion
was
"alarming."
The cause
for the alarm, the county Con¬
called- for payment on
Jan. 1, 1943, at. the Irving. Trust troller and Auditor told the Com¬
Co., New York City.
missioners, was the rapid decline
Dated Jan. 1, 1938. Due Jan. 1,
in the revenue from tax penalties,
as follows:
$2,000 in 1957. $8,000
in 1958, and $13,000 in 1959. Said plus last year's $1,500,000 deficit.
441,
CONNECTICUT
re¬
tered
the
District
Division,
terest
Nov.
reduction
of
•
ries F coupon
ernor-Elect Earl Warren, but pre¬
$77,000,000
y
-,
tion for the approval and confir¬
mation of a plan for the composi¬
dicted
the
Haven.
City
the
represented
the
a
definite
cuts, in view of the
ministration after Jan.
in-
not
was
1943,
bonds
Taxes
Finance
leased for payment by the regis¬
issued by the district and
In
and" accumulate a smaller surplus, an
even
such coupons should be collected
larger tax » reduction pro¬
in regular course when due;
All- gram is possible. He emphasized
that a surplus sufficient to absorb
coupons maturing subsequent to
the shock of post-war depression
Jan. 2, 1943, must be attached to
can be
safely anticipated.
Jan.
on
laot July 1
and
-if
ment costs
tax
date,
Reduction
trends continue and State govern¬
hereinabove, > with
on
turned
voters
existing State
tax and prevented any future, levy
on individual
earnings.
<
j-
biennium
turing July 2, 1943, and all subse¬
quent coupons attached.
Coupons dated Jan.
2,
1943,
payable
A
tax.
without endangering
the State's-record surplus would
be
possible during the 1943-45
pre¬
coupons
income'
repealed the
position
become
$50,000,000 surplus in
State
-own
sented for payment as designated
which
a
down in the Nov. 3 election would
•
be
for
of
Florida,
in the bank¬
ruptcy proceedings, on ' Nov. 6,
1942, that a supplementary peti¬
Tampa
$77,000,000
Regarding
bonds- should
fiscal
' t.
past
Possible—A two-year tax slash
Presentation of Bonds
Coupon
income,
\
with
their
of
York, State of New York,
Special
made
agent for
State
;.
or
demption
motion
the
holder, at. the National .City Bank
of New York, fiscal agent of the
State of California^ in
the City
m
growth of the recent audit report
by Joe
fornia,
of
the
during
proposition ;wlpch
2, 1943,* upon
negotiable- form
in
Treasurer
California,
en¬
titled to the State aid.
the
to
Basin
Jan.
on
presentation
Bank.
The
a
redeemed
and
revenue
of
taxes,- horse
in lieu taxes,
increasing Federal income taxes,
declined to relieve themselves of
1909,
State
an
sources
inheritance
their State treasury and faced by
of
India
major
Retains Income Tax—Galiforni-",
164,
677,
redemption
California
: 4/ '
year.
.
Statutes
'
increased
on
such called
Nos.
cease:
for
1943,
providing
eral Jack Holt of
and
fees
.
All
with the
filing by Attorney Gen¬
040,900;
except
called
and
nally calculated to be due and in¬
folio wing-
are
Southern
in
licenses,
vehicle
motor
California
Jan.
on
States,
which additional interest is in ad¬
of
174, 297, 319, 614, 644,
732, 737, 829,' 838.
The provisions of Chapef
judgment of
•
United
$34,065,799; personal in¬
$29,038,934;
alcohol
beverage
revenue,
$17,806,791;
Chapter
of
yesterday to
$56,664.05 against Little Rock-North
Heights
Road
District
No.
28
moved
1935
/
tax/
the
Statutes
bearing
bonds
a
"•
major
chise tax,
2, 1911,. and issued in accordance
zette" of Nov. 17:
State
'
income
sources
Bank and corporation fran¬
come
(State of)
which date interest
The
1940-41,
over
Other
appeared in the Little Rock "Ga¬
collect
7.6%
will
largest
$15,970,375; motor vehicle license
fees (in lieu tax); $14,402,650; in¬
India Basin 4%
bonds of
surance
company. taxes,
$8,557,denomination, dated Jan.
743, and inheritance taxes, $8,4
fornia
of
•
of
>
Johnson,
Treasurer, announces 1 that
$13,000 par value State of Cali-
407
•"
•
than par, with ac¬
more
Bond Call—Charles G.
'with
Road
Heights
*
■
pe¬
income item was
$58,517,778 yielded by State motor
State
j
-
.
Next
1940-41
the
over
riod.
the
for
offer
22.
CALIFORNIA
principal.
Twice before, in 1935
and 1938, maturing principal on
District, No, 28, Ark.
21.37%
the
was
No
California
November,
tax
provider
were:
,
Little
of
file
to
be considered;
1943, the bonds be reissued to the
amount of the $94,000 maturing
these bonds has been refunded.
Dec.
redemption
accept
cumulated
fund¬
ing bonds, payments on which
have been about $15,000 deficient
when they became due in Novem¬
ber of each year, he said. He will
asked
are
of
noon
bonds for
payments for the 4V2%
recommend
sell
sales
The
county
three
purchase
year
fire
-
—
levy for the first issue of
Department
«■
.
in force.
now
'
are
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4129
156
Last year the Board' estimated call in certificates before thjey Chairman of the Board 6f Com$7,900,000 as the revenue from tax became due. Up to now the boind ■missioners. - The county ends its fiscal
penalties, but its estimate was retirement is $180,000. Next, Jan¬
year
wrong, only $4,400,000 being re¬ uary another annual installment •Oct. 31 with its bonded indebted¬
of $10,000 was to have been paiid. ness of $972,500 and a balance, of
ceived from this source,
recently more than $152,000, in county
The
1943
outlook isn't a bit However, .the, council
was told by Mayor. Basse .that the funds;. The ponded
debt at the
promising,
either.
The
Board
.
trict,
city
.
payment
in addition;to the of certificates, was passed by the
$5,000,000 deficit, they said there council. As the Mayor stated,' this
would be. revenue estimated' at will save the taxpayers a large
'$17,898,000.But that won't do, sum in interest. Had not; this Re¬
the
trick, leaving a deficit of tirement been ; carried out, the;
nearly $8,000,000 at the end of last payment would not have been
next year.
made until 1958. In other words]
•,
'
The Commissioners also were instead of, waiting 20, years jto
reminded that the figures do not meet the, obligation; it ;has, taken
years- to
accumulate
include anbther, bill ef approxi¬ only five
sufficient .earnings
to raise the
mately $3,500,000 which the county
.
•
owes
Chicago
and
holders: of
judgment
notes, for
municipal
costs.
court
"
;
•
.
1937*
debt has;
called
are
Dec.
on
date called.
a
able
in
Jennings), La.,
To
reduction
Interest
F-A.
from
Redeem
the
tax
amount
to
an
all
pay
interest.
Bonds—
School
levy,
on
assessment
unlimted ad
the
taxable
property in the district sufficient
Jefferson Davis Parish (P. O,
been-upade by the present
administration despite
$85,000 not
public im¬
Dated Feb. .1, 1943.
Denom. $500.
Feb. 1, 1946 to 1963.
Pay¬
valorem
calls, for payment on Jan, 1, 1943.
School
Board
bonds, /Series of
the
of
interest
and collection of
ceases
bonded
in
purchase
15, at the
Guaranty Bank & Trust Co., Trus¬
-on
President School Board John Koll
Reduction
the
to exceed 4%
Due
.
meet this sum,
for
tee, in Alexandria, Interest
,
.
Nos.
15, 1935, provement bonds.
close of the
is financially
bonds
maturing Dec. 15, 1975,
for
1941 fiscal year was
able to retire
additional $10,000 < and ttyus $1,085,500 and in 1938 it amounted
troller's and Auditor's'report that an
to $1,348,000.
j 1
$20,556,567 would be needed for wipe out the debt,
An
ordinance1 providing • for ; The per capita debt amounts to
operating expenses for' the next
fiscal year, beginning Dec- 1.
To calling in the last $10,000 -worth about $9 compared with $15 .in
advised in the Con¬
were
refunding
A-255 to A-312, B-83 to B-95, and
C-48 to C-58, dated Dec.
,
-
members
2%
1907
These
thorized
at
Nov,
are
the
principal and
the bonds
election
au¬
held
on
The approving opinion
17.
B. A. Campbell, of New Or¬
leans, will be furnished. Enclose
of
1907, to the amount of $40,000. a certified
check for $1,500, pay¬
bearing '5% interest, dated July
able to the district.
retirement is continued, Shawnee 1,1907, and maturing July 1,1947;
Bonds Voted—At special elec¬
There being no definite num¬
County, will be free of debt in 1949
tions held on Nov. ,20,. qualified
bers
called
for
"payment,
the
and!;there will, be an appreciable
Board will, on the day called for property owners approved the is¬
decline, in the total annual debt
suance of ;a total of $60,000 bonds,
service requirements after 1944. payment, draw eight numbers oi
as
follows: In the Bayou Tigre
bonds to be called on said date.'
The
;new, policy of the present ad¬
drainage
district
the
property
Said bonds so called will be
ministration
of
issuing
bonds
money, the local press noted.
;
pwners authorized the issuing of
which mature serially over a five- payable at the Calcasieu-Marine'
$50,000 bonds by a majority of 43
Sterling Park District, III.
(
year. period has also resulted in a National Bank of Lake Charles
votes and a majority, property as¬
Bonds Defeated—At' an election reduction
of, interest rates from Jennings,
on
said
date,
and sessment of
$91,935. The electors
on Nov. 19 the voters refused- to
5%". to around 2%.
promptly following the drawing
also authorized a 4-mill tax to
approve an issue of $300,000,air/
of the numbers thereof.
"
finance the bonds by a majority
port purchase bonds.
:
/ /
.
: Wichita, Kan.
of 68 votes and a majority prop¬
Louisiana (State of)
Bond Offering — E; S. Worrell,
Gas Tax Revenues Down $1,- erty assessment of $132,155.
INDIANA
Director of Finance, will receive
000,000 — In advance of further
The
property owners in the
sealed bids until 7:30 p.m. on Nbv.
Jasonville, Ind. '//'■/
drops sure to develop from na¬ South Bayou Tigre drainage dis-.
30 for the purchase of $320,865.12
Bond Sale Details—The $52*000
tion-wide
g a s o 1 i n e rationing trict
authorized
the
issuing of
not to exceed 5% interest bonds,
3
% water works revenue bonds
Louisiana's yield from its State
$10,000 of bonds and the impos¬
as folioWs: $50,000 series 499 re?purchased earlier in the year-by
gasoline taxes have plunged down ing of a 10-mill tax* There were
funding,] due $5,000 on Dec. 1
•W. M. Welsh &' Go. of .Vincennes,
more than a million dollars in the
no dissenting votes.
The returns
from 1943 to 1952 incl., and pay¬
as
first quarter of the fiscal year.
previously reported in these
showed that there were seven
able from unlimited ad valorem
columns, were sold at par.
/ •
Revenue
Collector
Rufus
W. votes in favor issuing the $10,taxes; $270,865.12 series 500 pav¬
Dated Dec. 30, 1941, in the de¬
Fontenot expects further sag in 000 of bonds, the seven votes hav¬
ing and sewer bonds, due Dec/1,
nomination of $1,000, and mature as follows:
$26,480.
$27,865.12 in 1943 and gasoline taxes as rationing be¬ ing an assessment of
Dec. 30, as follows: $1*000 in 1944
effective, though recent There were 16 votes in favor of
$27,000 from 1944 to 1952 incl. All comes
to 1952, $2,000 in 1953 to 1966, and of the
bonds are dated Dec. 1, history in the> collection of the issuing the 10-mill tax, the 16
$3,000 in 1967 to 1971. Principal 1942.- '■••:■/'
: •;•-/.•:■:
/ '/;•. State gas tax is so uncertain be votes having an assessment of
and interest'payable 'at the City
cannot venture much prediction $42,170.
Treasurer's office.
These bonds,
LOUISIANA
as to the probable
R. E. Golden is Secretary and
result, it was
in the opinion of counsel, issued
J.
E.
•, .
v /.;
/•./■"'■
Kibbe, Abbeville lawyer,
Houma, 'La.
/■''•/.'/ said,/:
under and in full compliance with
Gas taxes collected in Septem¬ and B. A. Campbell of New Or¬
To Free Homesteads Of Munici¬
the Constitution and .Statutes 1 of
ber amounted to $1,515,972.71, as leans are special counsel for the
the State, are valid and. binding pal Tax Levy — Houma will be
compared with $1,962,852.36 for two drainage boards.
obligations of the city, payable the first city in the State to take
September a year ago, or a drop
solely from a fixed proportion!of advantage of provisions for ex¬ of
MARYLAND
$446,879.65 for the month.
the revenues to be derived from emption of homesteads from mu¬
in fhe .county
levy.
If ' the,' present schedule of debt
.
,
Depue, III.
;
.
Bonds Sold-r-An issue of
$11,000
improvement bonds has been sold
locally.
Downers
Grove
;
,
Bond Call
Sanitary District,
in.
—
District
Treasurer
Maude D. Uppercue calls for pay¬
ment on Dec, 1, the following re¬
funding, series of 1936, bonds:
Nos^ 26- and
27,; callable Dec., 1,
<1939,-or
on any
date thereafter.
interest payment
Nos. 28, 29 and 30, callable Dec.
1, 1940, or on any interest pay¬
ment date thereafter.
Said bonds
;
■
payable at the
Northern Trust Co., Chicago, and.
should be presented on, Dec. 1,
are
1942, with all subsequent interest
attached, Said bonds will
be redeemed at their face value
coupons
of
est
$1,000 each plus accrued inter¬
a | 4%%
per annum to date
Interest ceases on Dec.' 1,
called.
1942.
,
,
.
,
,
Sale
Bond
Nicolaus &
contracted
of
Contract
Co.
to
—
Stifel,
of Chicago have
purchase
an
issue
$450,000 water company pur¬
bonds, subject to voters'
chase
approval of the issue at
tion
on
Dec.
The fiscal quarter July through
Maryland (State of)
Federal Employees Held Sub¬
September yielded $4,582,425:63
the Louisiana electorate in the in
gasoline taxes, as compared ject To State Income Tax—Five
Nov.
3
election,
according
to with $5,619,438,56 for the same suits filed by the State. Comp¬
Mayor El ward Wright. The Mayor period a year ago, or $1,037,012.93 troller against Federal employees
who had claimed "exemption from
called a : special meeting of the less. '.
City Council to adopt the neces¬
Other tax yields have increased Maryland's income tax because
they ""worked outside the State
sary ordinance and resolutions to so well that the losses in gasoline
were upheld by the State Court
put the law into immediate ef¬ revenues
to
date
almost
have
of Appeals in a decision Nov. 19
fect.
' "V
been wiped out, leading to an en¬
which
settled
a
three-year-old
"The plan originated in Houma couraging State revenue picture,
and Houma will be the first to particularly
with .returns from dispute.
operation of the water works nicipal taxes, which was made
plant and system, and do not con¬ part of the State Constitution by
the
Edwardsville, III.
an
17.
elec¬
;
stitute
indebetdness of the
an
within' the
cjity
of an^ con¬
statutory provisions.
The City covenants and agrees, I as
stitutional
meaning
or
provided "by law and by *city "ordi¬
nance, to fix rates for water seitv^
ice furnished by said system fully
Sufficient to provide funds for the
payment of maintaining and oper¬
ating the * system,
depreciation;
and for the payment of principal put
it/ into operation,"
Mayor
and interest on this issue, Legal¬
Wright
stated.
Surplus
funds
ity, approved by Chapman & Cut¬ from, the" public utilities have al¬
ler of Chicago.
• ;
\
ready been set aside for this pur¬
■
Harvey, III. ,
''
Bond Call—Funding bonds Nos.
,
8 to:14,
in the aggregate amount
of $7,000, are called for payment
Jan. 1,1943, at the ContinentalIllinois National Bank & Trust
on
Co., Chicago.
...
•
,
Mount CarmeU III.
pose,
•;.
*
"
IOWAVoy.;:
he asserted.
The
new
j
to
,
Peru, III.
To
Retire
Plant
Balance
Bonds
Of
Light
All
outstanding
bonding certificates floated to defray the cost of extensive im¬
—
provements at the Peru municipal
power plant, will" have been re¬
tired by January.
The plgnt will
city borrowed $200,000 to pay for the improvements.
Certificates were issued, it being,
they be retired
$10,000 a year over
20-year period. However, rev¬
enue derived from the plant's op¬
stipulated
that
at the rate of
a
eration
has
been
great that
the council exercised its power to
•
so
com¬
first
sales
tax
.pay¬
The decisions,
handed down' by
Judge Carroll'T. Bond, af¬
firmed four Montgomery County
Chief
Circuit
versed
Court judgments
and re¬
fifth, but all the opinions
Comptroller J. Millard
a
favored
Tawes and substantiated
ments.
Largely helping to counteract,
the gasoline fax slump are the
ever-increasing yield from the
income, tobacco and many other
imposts, such -as liquor,
beer,
kerosene/ power, utility and soft
previous
findings of the State Tax Com¬
mission.
The
in
,
lower
court
was
reversed
finding that the State could
not exact a full year's personal
a
income fax from persons who had
resided for a full calendar
not
drink taxes.
year
within
Maryland's boun¬
times, the in¬
daries.
An Army officer and
yield for September was
three Federal officials were in¬
double that of a year ago, $228,volved in the case.
628.25, as compared with $114,The high court agreed with the
516.18.
Figures for "the quarterly
period are $1,903,329,15, as com¬ State Tax Commission that credits
pared with $1,346,054.20 for the provided under the income tax
same period last year,
or $557,- act precluded the possibility any
274.95 increase.
taxpayer paying personal income
levies to both Maryland and any
; Tobacco tax figures also show
other State.
./. •
a
handsome hike, being $1,788,Council Bluffs, Iowa
Judge Bond said it had been
1/
Representative
Morris
Lot- 136.92 for the July through Sep¬
quarter,
or : $158,150.91 decided that Federal employees,
Bond Election—The voters will tinger accordingly introduced in¬ tember
be asked on Dec, 9 to approve an to the State Legislature at its last better than the quarterly period although they might not derive
issue of $1,560,000 gas company regular session the necessary leg¬ a year ago.
income from Maryland sources,
purchase
revenue
p. 1729.
/
bonds.^-v. 156,
;
<
j
Shawnee County
.
Bonded
<
Debt
Mark —The
(P. O. Topeka),
Kan.
■
.
$1,000,000
is
making
progress in the reduction of its
bonded indebtedness, which, this
year
privilege
State, "the
■Jefferson -Parish
Mayor
de¬
!
(P. O. Gretna),
Parish
of
Bonds
Called—Jefferson
Sub-Drain
Fourth
District
Jefferson
Drain
No.
3
Dis¬
currently from
the
motor
vehicle license and chauffeurs li¬
cense
cating
levies as well
oil
and
us
from lubri¬
corporation fran¬
chise taxes.
Vermilion
.
Offering
NOi %
Drain
for the first time since 1921
dropped below the million dollar
mark, according to Charles Sheetz,
the
tax
tered
are.financially.able to do so, to
their homesteads "up to
$2,000 from municipal taxes. No
money
for this purpose -comes
clared.
Reflective of the
come
Reduced yields are being regis¬
to those *cities in Louisiana which
from
Below
county
islation, to. allow this
exempt
KANSAS
then be free of any debt.
In 1938 the
of
amount
.
..
1% State sales tax
Initial sales,tax payments
were due Oct. 20/before becom¬
ing
delinquent
and
Fontenot
promised a statement soon on the
City
—
new
ing in.
~:
amendment gives
the
municipal Government bodies -au¬
Treasurer
Burlington, Iowa \
Blanch Hurd" calls for. payment
Bonds To Be. Sold Locally— thority to 'exempt all homesteads
on
Jan. 2,
1943, at her office, The City Clerk reports: that the up to $2,000 from municipal taxes,
it
was *' 'explained.
water revenue' bonds, dated Jan,
The Mayor
$140,000 airport bonds, approved
1, 1933, in the denomination of at an election oh Oct. 15 will be pointed out that the amendment
has been approved by the voters
$1,000 each and numbered 38 to sold locally. ' :/■
//'; ;
■ /'
with a larger majority than any;
100, .both inclusive,
/
>
Clinton, Iowa
of the 10 presented, according to
Interest
on ; said
bonds will
v Bond. Sale Details—The" Whiteincomplete .returns from all over
cease
on Jan, 2,
1943.
The in¬
terest coupon maturing on that Phillips Co. of. Davenport pur¬ the State.
chased an issue of $166,000 re•date should be detached and col¬
The city of Houma has been
lected. through - the
Continental funding bonds {not $185*000 ias. wanting for the -past two years
reported in,v^ 156, p. 554), paying to
Bank 8c Trust. Co. of Chicago. give its homesteaders this ex¬
a price of par for 3s;
Dated,.May emption,: but the city "officials,
By arrangement made with the
1, 1942 and due on. May 1, as fol¬ were' advised at that time
by the
Security Bank of Mount Carmel,
lows:
$18,000 in. 1951;
$17,000, Attorney General of Louisiana
presentation of said bonds may
1952; $19,000, 1953; $20,000,-1954; that, no .provision, had .been made
be made through said bank with¬
$25,000, -1955; $42,000 in 1956 and in the State 'Constitution for this
out charge to the holder.
$25,000 in 1957. Interest M-N. ;/ step;
.'•//'
•.
Bond /Call
Parish
(P.
ville), La.
Of
O.
Drainage
Bonds—J. M. Moss,
schools,
fore liable to
levied
a
to
Abbe¬ the absence of
i
District
Secre¬
courts and prop¬
erty, if residents, and were there¬
tion
of the Board of Drainage
Commissioners,
will receive
sealed bids until 4 p.m. on Dec. 21
tary
still received the benefits of State
roads,
share in the taxa¬
maintain
any
them in
"distinguished
factors in their situations."
Protesting the tax were: Henry
G,
the
Wood/Legislative Council to
U,
S.
Senate; J. V. Morgan,
member of the District of Colum-
Commercial and Financial Chronicle (Reg. XJ. 8. Patent Office) William B. Dana Company, Publishers, 25 Spruce
Street, New York, BEekman 3-3341. Herbert D. Seibert, Editor and Publisher:
Dana Seibert, President; William D. Riggs, Business Manager.
Published-twice a week [every Thursday (general news and advertising issue) with a statistical issue on Monday]. Other
offices: Chicago—In charge of Fred H. Gray, Western Representative, Field. Building ;(Telephone State 0613). London—Edwards &
Smith, 1 Drapers' Gardens, London, E.C. Copyright 1942 by William
B. Dana Company. Reentered as second-class matter February 25, 1942, at the post office at New York, N. Y., under the Act of March 3, 1879.
Subscriptions in United States and Possessions,
$26.00 per year; in Dominion of Canada,,$27.50 per year. South and Central America, Spain, Mexico and Cuba, $29.50 per year; Great Britain, Continental Europe (except Spain), Asia, Austrail*
and Africa. 131.00 per vear
NOTE* On account of the flurt.uetions in the rates of exchange, remittances for foreign subscriptions and advertisements must be made in New York funds.
William
.
Board; Col. J. were
Alexander Tucker, posed
Tax' Appeals
bia
H. Lewis, and
Department of Justice attorney.
MASSACHUSETTS
of)
Massachusetts (State
unanimous decision,
an
Appellate
the' Tax
Local
Benefits
Ruling:
Tax
Units—In
Board ruled
Long
that State Tax Commissioner
valuation
established by two cities and three,
towns on the real estate, personal
property and machinery owned by
will have to accept the
the United Electric Light Co., op¬
erating in western Massachusetts.
Under
the Board's ruling,
the
Springfield and Chicopee
cities of
and the towns of Agawam, Lud¬
benefits
above the values
lished by
Long.
the
sessed
St. Clair Shores, Mich.
And
Certificates
Pur¬
Bonds
call
In
—
on
the
with
connection
for tenders
Nov.
17, Re¬
and under this funding Agent Matthew Carey of
taxes
ruling the United Company will Detroit, reports that the village
not have to pay "double" taxa¬ purchased $24,337 interest refund¬
tion, namely, to the cities and ing certificates, dated Oct. 1,1937,
towns and also to the State;
at an average price of 92.05, and
North Adams, Mass.
■
of. $200,Nov. 19 was
Sale—The
Note
issue
offered
notes
awarded
First
the
to
MINNESOTA
&
Co., 21/4s, 101,275; Kalman &
Co., par for $10,000 2s and $10,000
23/4s with an optional clause.
Notice To CampbellRoad Dis¬
Pontiac),
,
>
Trust
Guaranty
the
,
Co., New. doch, to pay to the Sheriff the
It had been
accepted amount of his fees.
No bids will be
York.
,
than
for
Jones, and O;
the bonds.
The bonds are issued
for
the
purpose
of providing
then collect them from the plaintiff
on
the
$10,000 attachment
funds for refunding of previously
voted bonds of like amount, The
in that
B. Walton &
Co.,
all of New
Orleans, recently pur¬
$195,000
3%. refunding
bonds, as follows:
chased
or
less
the
entire
at less than the
amount
value of
par
interest
Central
It
Hanover Bank & Trust Co., New
York*
Legality
approved
by
of
Charles
payable
&
at
the
Trauernichfc
St.
of
Louis,
trict
Creditors
of
tificates
Co.,
Mich.,
—
of
Holders
deposit
cer¬
Oakland
for
Campbell Road and
.
Red Run Improvement Drain Dis¬
trict/
ers'
under
18, by the Bondhold¬
Committee
Drain
advised
being
are
date of Nov.
Districts
for
in
Storm
Sewer
Michigan that
under
be'deposited
turned very shortly.
No decision has yet been ren¬
dered on the motion made by the
with the Guaranty Trust Co., New
city, in the District Court of New
to
Board
require
amount of the bid to
the
Jersey to permanently stay the
is-i enforcement
of
the
Murdoch
sue will be taken up; the deposit j udgment.
Mr. Armstrong said
check will be there returned. The that if the motion is granted, the
Kansas City, Mo.
Bonds to
Future
Mature
and funded
amount
of
shall
considered as liquidated
the
certified
check
Serially—City will revise its fi¬
nancial, setup, improving audit,
purchasing, budgeting and debt
procedures, u n d e r a
charter
amendment approved by voters
cepted bidder fails on or before
Jan. 31, 1943, to pay the amount
Nov. 3.
of the
The amendment
was
sub¬
be
damages to the district and for¬
feited
such
as
bid to
in
the
event
the
district
or
ac¬
in
basis
for
it
was
intended
to
posit with such depositary for and
approval of the City Council, the as directed by the Board of Edu¬
Municipal Finance Officers Asso¬ cation. Enclose a certified check
ciation
said.
First requirement for
$2,500, payable to the district,
under
an
from
letter
a
the
refunding
Oct.
19,
1942
Committee
of
the
drain
nished
Any
16,
by
district
the
D.
should
of
by
the
1942),
A
financial
further
quiries
W.
Nov.
of the letter with
copy
ment
the
(received
as
state¬
a
status
will
be
of
fur¬
Committee.
questions
be
Bradford,
in¬
or
addressed
Secretary,
to
Redford
terpreted
the
charter amendment; is
annual audit of
afford
are
not to be in¬
authorizing only the
as
and
means
Rolla School District, Mo,
measures
which
are
Bonds Sold—An issue of $24,000
1%% school bonds has been sold
to
the
Boatmen's
of St, Louis.
National
Dated Oct.
Bank
1,1942.
absolutely necessary but including Legality approved by Charles, &
all
reasonable
useful
means
complished,
to
and Trauernicht of St, Louis.
appropriate
,
the end to be
and
which,
in
ac¬
the
notes
was
Bond Sale Details—The
4%
electric
revenue
pur¬
National
Bond
at, 0.62%
months.
Due in
discount.
The First National
second high
Bank of Boston was
bidder, naming a rate of 0.68%,
Sale—The
$465,000
cou¬
000 from 1943 to 1952
fered
Nov.
17—v,
156, p.
1730—
1953
1955.
and
purchase
of
refunding bonds.
$85,000
coupon
Dated Feb.
incl.; $2,000 such rate to be the
1954, and $1,000 in
Set
New
Record-
Municipal
tax
collections have
broken all records this year, Cur¬
rent collections are already nearly
88%
of the
greater
total
than
the
1942
tax
total
levy,
collected
of the bonds.
same
There
are only $75,000 outstand¬
in delinquent taxes for4 all
years prior to 1942, and this is the
ing
lowest delinquency total on rec¬
ord.
Education of the public to
the fact that prompt payment of
Asbury Park, N. J.
in
New
do
other household
1,
for all
Principal and in¬
terest payable in lawful money at
expenses are
given as principal causes for this
improvement in collections
by
Alstyne, Jr., President
of the Common Council,
Impounded
Funds Released—
Of
the
$810,000 originally at¬
tached
in 1941 which had previously been
the best year in the city's record.
David Van
NEW JERSEY
York
County by
judgment ren¬
dered against the City of Asbury
Park, N. J., in 1935, $801,725 has
the holders of the
Fairview, N. J.
—
George Ebel,
Jr., Boroughs Clerk, will receive
sealed bids until 8:30 p.m. (EWT)
on
Dec. 8/for the purchase of
$385,000 not to exceed 6% interest
Bond Offering
coupon Or registered general re¬
funding bonds of 1942. Dated Nov.
1, 1942. Denom. $1,000.
Interest
City Sheriff to the City of Asbury M-N. Due Nov/1 as follows:
$30,park, according to an announce-* 000 in 1949, $50,000 in 1950 to
ment oh Nov. 19 by City Manager
1952, $55,000 in 1953 to 1955, and
J. Oliver Armstrong. The attach¬
$40,000 in 1956.
The bonds ma¬
ment had been secured in De¬
turing Nov. 1, 1956, will be sub¬
cember, 1941, in an attempt, it ject to prior redemption at .the
was reported, to enforce the judg¬
option of the Borough in the in¬
ment, by Edwin T. Murdoch as verse order of their numbers. Rate
assignee of the judgment orig¬ of interest to be in a multiple of
inally
secured
by
Edwin
H. % or l/10th of 1%, and must, be
Barker, Albert G. Christmas and the same for all of the bonds.
Nolan Harrigan as a bondholders' Principal and interest payable at
committee; Judge Alfred C. Coxe, the Hudson Trust Co., Union City.
of
the
District
Court
for the No proposal will be considered
Southern District of New York, which specifies a rate higher than
ordered the vacating of the at¬ the lowest rate stated in any le¬
tachment in July, 1942, as having gally acceptable proposal.
Each
covered city funds not properly proposal must state the amount
bid for the bonds, which shall be
subject to attachment, and an ap¬
peal by the judgment holder from not less than $385,000 nor more
his decision has lately been aban¬ than
$386,000. As between legally
doned, according to report.
acceptable
proposals
specifying
This week, Judge Samuel Rif- the same
rate of interest,
the
kind
of the
Southern
District bonds will be sold to
been returned
by the New York
the bidder
Court
granted motion to punish
complying with the terms of sale
and
contempt by failing to return the
amount
remaining
balance
of
$8,275
to
fees for effecting the
attachment.
By the decision, it is determined
chased from the RFC by Cady & 1943, Denom. $1,000. Due Feb. 1, that the City of Asbury Park as
Township Union Schools,
Co. of Columbus—v. 156, 1563— 1963. Bidders to name rate of in¬ defendant, is not liable for such
1 (P. O. Detroit),
Mich.
Judge Rifkind indicated
mature on Dec. 1, as follows: $1,- terest in a multiple of y* of 1%, fees.
refunding bonds of 1942 of¬ in
Englewood, N, J.
Collections
they
ton,
five
District No.
pon
ment.
the Sheriff of New York City for
St. Joseph School District, Mo.
Bond Offering — G. L. Black-
$15,000 the
bonds
upori the city's paying
$617,000 to the holder of the judg¬
taxes tends to reduce the tax rate
awarded Nov. 19 to the plus the fact that
people are learn¬
Shawmut Bank of Bos¬ ing to budget their taxes as
judgment of the Board, will most
The controversy
well, Secretary of the Board of Asbury Park.
advantageously effect it."
Education, will receive sealed over the $8,275 arose through the
bids'until 7:30 p.m. on Dec. 14 for Sheriff's claim for poundage or
Okolona, Miss.
115
Broadway, New York, N. Y.
used therein
as
interest, will in substance be
quashed
.
accepting
agent of the district, dated
and
de¬
NEBRASKA
municipal ac¬
counts, to be conducted by inde¬
North Platte, Neb.
pendent auditors selected by the
Bonds Sold—The KirkpatrickMISSISSIPPI
City Council. Although this pro¬
Pettis Co. of Omaha recently pur¬
Newton County (P. O. Decatur), cedure now, is followed,; it is; pot
chased
$35,500 paving districts
Miss.
mandatory. Purchasing procedure
bonds as 21/2s, at par.
Debt Refunding Fee Approved will be revised, so that all pur¬
—A $5,251 payment by the New¬ chases over $50 must be made
NEW HAMPSHIRE
ton County Board of Supervisors through bids, posted publicly be¬
Berlin, N. H.
i
fore the order is awarded.
to the Tennessee Securities Com¬
Note Sale—An issue of $100,000
The charter changes relating to
pany for drafting a bond refund¬
which
judgment now on its face amount¬
ing to about $799,000 in principal
mitted to voters with unanimous
this relief, we are of the opinion that
settlement at this time is outlined the words, 'all powers necessary'
The
bond put up by the
the edu¬
of the
intention
the
Education
will be delivered
;
pursuant to the deposit agree¬
ment, dated Nov.
1, 1932,
as ing program, designed to rehabili¬ budget procedure prevent allocat¬
tate the county's financial struc¬ ing of "lump sums" to various de¬
amended, the Committee proposes
to accept interest payments from ture, was approved Nov. 9 by the partments, to be spent at the dis¬
time to time on the unpaid prin¬ State Supreme Court. Faced with cretion of administrative officials
alone. From now on, appropria¬
cipal amount of the bonds de¬ defaulting bonds totaling $234,000,
the Board preferred to work out tions will be made to specific gov¬
posited with it at a reduced rate,
ernmental activities and for ob¬
but at not less than 3% per an¬ a refunding program rather than
jects, such as salaries and wages,
num from Oct.
1, 1941, the date levy additional taxes to meet the
Construing Section 9 within each activity.
to which interest has been set¬ payments.
The
of the 1934; General Refunding
previous mandatory re¬
tled/ As the first step in this pro¬
Act which .conferred "all powers quirement that a contingent fund
gram, the Committee proposes to
necessary to be exercised in order —for unanticipated expenses—of
accept interest for the
period
to carry out the provisions of this not less than; 3% of the revenues
from Oct/1, 1941, to Oct. 1, 1942,
Act" as giving it authority to em¬ must be included in the budget,
at the rate of 3%
per
annum,
ploy "the fiscal agent,"' the Board whether needed or not, is changed
amounting to $21 per bond.
did so and worked out a refund¬ to provide that a reserve of not
Depositors assenting to this pro¬
more than 3%
can be included.
ing program.
posal need take no action what¬
State Auditor J. M. Causey con¬ The City Council, instead of the
soever and they can expect to re¬
tended that the "all powers nec¬ City Manager, will conduct all
ceive
the
interest
distribution
essary" did not authorize such a budget hearings in the future, and
about Dec, 29, 1942.
Depositors
payment and sought to recover will adopt a tentative budget sub¬
objecting to the proposal must
the amount paid the bond com¬ ject to approval at such a hearing.1
evidence their objection by with¬
The major financial change re¬
pany for the refunding program.
drawing their bonds from deposit
Asserting the Legislature did sulting from the charter amend¬
within 30 days from Nov. 18,1942.
not attempt to prescribe "all pow¬ ment will be in the city's debt pol¬
Said withdrawal must be effected
icy. Only serial bonds may be
ers necessary" as contained in the
by surrendering your certificate
1934 statute/ the Court's majority issued in the future, with the first
of deposit to the issuing deposi¬
ruled that "it .includes means and instalment due one year after is¬
tary.
Immediately after the ex¬ measures which are
reasonable, suance and 20 years set as the
piration of this 30-day period on useful and
maximum
term
for
payment.
appropriate,"
Dec. 18, 1942, the Committee ex¬
"Looking to the statute and the Sinking fund bonds to be paid in
pects to collect interest on the
particular section here before us, one lumo sum from taxes accu¬
bonds then on deposit with it at
and taking into consideration the mulated over a
period of years
the rate stated above and will various and difficult situations for
will no longer be used.
distribute such interest.
on the argument that
city should pay these fees and
the
York, where this issue of bonds
MISSOURI
All
is
operates
of
<
suggested
plaintiff, but
event, City Manager Arm¬
strong
pointed
out,
the
bond
$39,000 Supervisors District No, 1,
cation laws of the State, and the Would have been practically ex¬
48,000 Supervisors District No. 2.
bonds are authorized by Article hausted before the. city had col¬
64,000 Supervisors District No; 3.
44,000 Supervisors District No. 5. 4, Chapter 16, and Article 18, lected on it for its damages, cdsts,
counsel fees,
etc., incurred by
All of the bonds are dated Dec. Chapter 72, R. S. Missouri, 1939/
Bonds, before delivered, will be reason of the illegal attachment.
1, 1942,
Interest J-D. Principal certified
by the State Auditor.
Mr, Armstrong emphasized that
and interest pa'yable at the Cen¬
The bonds will be printed at the the city officials had no
feeling
tral Hanover Bank & Trust Co.,
cost of the district, and will be that the Sheriff had been contu¬
New York City.
valid and legally binding obliga¬ macious or wilful in his tempo¬
Additional Purchase—The same tions of the
district, and all the rary refusal to return the funds;
group purchased an issue of $13,- taxable
property within the dis¬ and that the contempt proceeding
000 2V2% county refunding bonds.
trict will be subject to a levy of was used as the quickest and most
Dated Dec. 1, 1942.
Denom. $1,- ad valorem taxes to
pay
the direct method of determining the
000.
Due $1,000 on Dec. 1 from
bonds and interest thereon, with¬ questions raised by the Sheriff.
1947 to 1959 incl.
Principal and out limitation of rate or amount, He expects the
$8,275 to be re¬
district
$5,000 series A refunding bonds
1937, at 93.32.
V
Boston
O*
Indianola), Miss.
Monday, November 30, 1942
Bonds Sold—-A group composed
of
Weil
& Arnold, Scharff
&
of
Corp., New York, at 0.49% dis¬ Hill River (P. O. Fosston), Minn.
Bond Sale—The First National
count, plus a premium of $11.
Dated Nov. 20, 1942 and due Nov. Bank of Mcintosh was awarded
16, 1943.
The Second National on Nov. 14 an issue of $20,000
Bank of Boston, next highest bid¬ rdad and bridge bonds as 2J/4S, at
a price of 102.
Due in 20 years.
der, named a rate of 0.50%.
Other
bids:
Park-Shaughnessy
MICHIGAN
Co., 2V4S, 101.78; Bigelow, Webb
Oakland County (P. O.
Mich.
Sunflower County (P.-
com¬
$360,000 maturing on June 1 from
1943 to 1958 incl., at 2%% to June
1, 1945, 3'%% thereafter to June
1, 1950, and 4% thereafter to ma¬
turity; $105,000 maturing on June
1 from 1959 to 1962 incl., at 2y>%
to June 1, 1945, and 3y2% there¬
after to final maturity. The bonds
are dated Nov. 1, 1942, and those
maturing from 1959 to 1962 incl.,
contain an optional redemption
chased
cities and towns have as¬
The
group
a
of H. V, Sattley & Co.,
Crouse, Benneth, Smith „& Co.,
McDonald,4 Moore & Hayes, and
Siler, Roose & Co., all of Detroit,
at a slight premium, the bid fig¬
uring a net interest cost to the
district of about 3.36%. The bonds
bear
as
follows:
interest rates
1941 over and
originally estab¬
and
1940
1939,
to
awarded
Longmeadow will receive
clause.
of $56,188 in taxes for
low and
000
CHRONICLE
THE COMMERCIAL & FINANCIAL
1908
that, at the request of
the Sheriff, the
require
the
counsel for
Mr.
Mur¬
bid
to
the
accept
least
for
the
amount
of
bonds, the bonds to be accepted
being those first maturing, and if
two or more bidders offer to ac¬
cept the
to
the
same
least amount, then
bidder
offering
therefore the highest
purchaser
amount
must
to
pay
price,
The
also
pay
equal to the interest
an
on
the bonds accrued to the date of
payment of the purchase price.
Court's order will the
plaintiff,
offering
ery
event that
In
prior to the deliv¬
of the bonds the income
re-
Volume
ceived
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4129
156
holders from
type and char¬
acter shall be taxable by the terms
of' any - Federal* income tax • law,
the successful bidder may,
tional.
iThe total
barring exemption to college fra¬
by "private
bonds of the
same
at his
election, be relieved of his obliga¬
tions
under
contract
the
to
pur¬
chase the bonds and in such
case
thwarted the Leg¬
islature's obvious intent that the
ternities had
entire
so
statute
-
"The
unconstitu¬
was
-
of
existence
grounds for
exemption," he said, "is a mixed
question of law and fact. For ob¬
assessed valuation of
Erie
District
zation
bids
reported
Supervisors today.
the
to
Union
the deposit accompanying his bid
will be returned.
The successful
vious
increase, the Board em¬
phasized, is due to new residen¬
taxation
tial
bidder will be furnished with the
are
Free
School District
Longfellow, of New York, that the
to 1960 incl.
bonds
lic
to Buffalo and the
of interest
opinion
ing
of Hawkins,
valid and
are
obligations
Enclose
of
Delafield &
legally bind¬
the Borough.
certified check for
a
$7,-
700, payable to the Borough.
,
Irvington, N.J.
,
Bond
Town
neau,
sealed
Clerk,
bids
Dec.
on
H,
Offering—W.
8
until
for
8
the
Jamou-
will
receive
p.m.
(EWT)
purchase of
$207,000 not to exceed 6%
policy, i.e., the*service of an
interest fundamentally public and
not private.
Exemptions not so
grounded place an unequal and
unjustifiable burden upon prop¬
erty taxed for the operation of
government in the common in¬
terest."
est coupon or registered bonds,
including $129,000 series D school
refunding and $78,000 general im¬
John
provement. Latter issue
Board
was
pre¬
viously offered Nov. 20, at which
time all bids were rejected.
All
of the bonds are in $1,00Q denoms.
Due Dec.
1, as follows: $4,000
from 1943 to 1945 incl.; $5,000,
1946 to 1952 incl.; $115,000 in 1953;
$25,000 in 1954 and $5,000 from
1955
1958
to
est to
of
Rate
incl.
be expressed in
inter¬
multiple
of 1/4 of 1%. Principal and inter¬
est
(J-D) payable at the Mer¬
A.
Wood, 3rd., Secretary of
Teachers'
State
Annuity Fund,
of
the town, is
required. * Legality approved by
Hawkins, Delafield & Longfellow
of New York City.
Trustees
for
will
,
and
that the
receive
the purchase of various
fully
Mayor
NEW
Amherst
No.
YORK
Common,
13
School
District
(P. O. Snyder), N. Y.
Bonds
Approved
The
—
State
Comptroller's office has approved
district's application to issue
the
$14,000
debt
equalization
series of 1942.
Nov.
Due
bonds,
Dated Nov. 1,
1942.
Certificate
in the assessment
The reduction will cost
Waesche.
the
it
about $240,000 in
city
said.
was
1
taxes,
New
Offering—Frank
M.
ceive
sealed
(EWT)
bids
Dec.
Property Tax
-
Exemption
Unconstitutional—In
cision
which
will
tional annual
tax
de¬
addi¬
an
mean
Law
a
of ap¬
revenue
proximately $964,000 for counties
and municipalities, unless upset
for
the
tak
anticipa¬
All
1941-1942.
will
be
college fraternities,
fraternal
organizations,
civic clubs and country clubs have
claimed tax exemption.
■ ; ;'
The law was originally enacted
primarily to give tax exemption
to Masonic organizations in the
State
which
had
erected
large
under the impression
would not be taxed.
Then college fraternities, and eat¬
Rutgers University
at
and Princeton
for
University
applie^
exemption under the law and
the- Supreme
Court in
earlier
an
ruling held they were entitled to
it.
no
ruled
Court
The
be:
of
dated
mature
name
of
not
the
Dec.
certificates
15,
1942
and
June. 15,
1943. Bidder
single* rate of interest
on
to
a
Commission
Tax
the
Buffalo rate
also
at
has
than
more
multiples
of
of
payable
1%.
Prin.
at
Bank
Bank
certified
able
to
of
New
check
order
York
for
of
the
Legality
90%,
of
New York City.
there
could
Debt
'
"It
is
belief
our
of
crease
that
51%
than
Dollar—More
50
Of
cents
of value will be the result."
I The
equalized
values)
ratings
of
fixed
as
Equalization Board
Alden,
86%;
the
the
by
are:
to
go
dollar paid by county
next
owners
■
off
pay
,
will
debts,
year
of
county
the
proposed; county
budget
prepared
by,: County
Comptroller Richard S. Persons
recently.
;
a
'
11,121,576
2,089,750
2,545,894
30.718,654
5,750,972
6,086,516
1,532,022
3,761,190
4,157,338
3,534,073
4,366,981
9,772,005
Clarence
Oolden
•;v.:
1,592,172
3,744,783
4,113,898
.,3,494,841
Collins
Concord"'.-......
...
Eden
,
,
4,207,442
9,663,262
3,196,589
31.232,397
1,618,714
,15,839,312 i.
v.
Evans
Grand
$1,886,000
an
bids
until
re¬
noon
refunding
1, as fol¬
lows: $291,000 irt 1950; $435,000, 1951; $580,000 in 1952
Due
June
"
and 1953.
school
refunding
and
All
$220,000 in 1952 and 1953.
Dec.
of the
bonds
The
—
State
will
be
dated
1, 1942. Denom. $1,000. Cou¬
form, with privilege of regis¬
pon
tration
both
to
as
interest, but not
Approved
bonds.
Due Jifne 1, as follows: $109,000 in 1950; $165,000 in 1951
'
Albert E.
—
general
bonds.
issue
only.
Bidder
rate
principal
to
as
to
and
principal
a
single
name
of
Comptroller's office has approved
the above municipality's applica¬
interest, expressed in a
multitple of lk or l/10th of 1%.
tion
to
Principal and semi-annual inter¬
ization
est payable at the Chase National
issue $60,000 debt equal¬
bonds, to mature Jan. 1, as
follows: $15,000 in 1953 and 1954,
and $10,000 from 1955 to 1957 incl.
York
City Tunnel Authority,
N. Y.
■
Bonds Purchased By RFC—The
Reconstruction
Finance
Corpora¬
strategic
materials.
Bank
of New York City.
The
bonds will be ready for delivery
at the place in New York indi¬
cated
by the purchaser on Dec.
10, 1942, or as soon after* that date
the bonds
as
can be prepared for
The purchaser will be
delivery.
as
New York, N.
may be
bonds
and
Y.
Hamburg
■,
Holland
v.'.
''...
...
...
Manilla
Newstead
North
.
31,950,325
1.654,565
16,038,406
1,300,316
4,787,096
2,473,281
7,277,091
1,572,329
6,958,002
1,566,150
81,582,918
-17,447,425
1,211,290
.
City.
2,415,468
,
Park:,.,
Tonawanda
3,417,443
1,295,826
4,796,127
Collins.'.,.,.,
Orchard
Sinking
;
Fund
cording to
without
City
Operations—Ac¬
report issued by the
a
Comptroller
under date
New
of
York
of Nov.
9, the sinking
of; New York
during the month of October, 1942,
invested $3,488,086.92 ir> New York
City securities, of which $3,000,000
New York City corporate stock
funds
of
the
City
due in June, 1980, was purchased
from other sinking
balance
funds, and the
purchased from the
was
-
Island..-..
TOnawanda
tax levy
Raymond V.
—
(EWT) on Dec. 1 for the purchase
$2,600,000 not to exceed 6% in¬
terest bonds, as follows:
Town
authorized
82;
10,962,873
2,051,774
•2,630,798
29,357,204
Boston1
Sardinia
V
|The budget calls for
revealed
on
incl.
Colden, 87; Collins, 86; Concord, tion
with
up to Nov. 18 had increased furnished
the
opinion
of
84; Eden, 85; Elma, 88; Evans, 84; to
$11,000,000 its holdings of the Reed, Hoyt, Washburn & Clay, of
Grand Island, 81; Hamburg, 88;
contemplated purchase of $57,,- New York, ? .that the bonds are
Holland, 88; Lancaster, 81; Mani¬
000,000
3V2%
50-year
Battery- valid and legally binding obliga¬
la,, 85; Newstead, 84; North Col¬
Brooklyn
tunnel
construction tions of the city, and that the city
lins, 81; Orchard Park, 86; Sar¬
bonds.
Work on the project was is authorized, and required by law
dinia, 85; Tonawarida, 81; Tonarecently
sharply
curtailed
be¬ to levy on all taxable property
wanda City, 89; Wales, 86; West
cause
of
war
requirements for of-the city such ad valorem taxes
Seneca, 85; Lackawanna, 81; Buf¬
Lancaster
analysis
due
1955
to
Comptroller, will
sealed
Y.
The
—
Not Issued
Bonds
and
1942,
1946
of
•
New
Amherst,
Aurora, 87; Boston, 87; Brant, 84;
Cheektowaga, 82; Clarence,
85;
Eltna.
property
ceive
Lawrence, N. Y.
in¬
an
$3,500,000 to $4,000,000
Cheektowaga
Take
Payments
City
714,000
'Bonds
1,
Offering
of
N. Y.
Brant
(P. O. Buffalo), N. Y.
Ellis,
the
to
a
Rochester, N. Y.
Bond
$60,000 Cayuga Creek bonds, to
$6,000 annually.
a
Na¬
Co., Inc., New York'.
by
Approved
has
First
bid of 100.059 for
made by Halsey, Stuart
approved
Lancaster (P. O. Lancaster), N.
Board
the
Chicago, as 1.20s,
basis of about 1.18%.
high
was
Vandewater
Clay, Dillon &
New York City.
to
from
report
Aurora
Erie County
&
City.
$460, pay¬
district, is
1
1.20s
of
Hyde Park with New York
exchange, or at the Chase Na¬
tional
Flor¬
of
Dec.
Second
New
any
Marshall, Trimble & Mitchell of
100.144,
June
int.
and
the
Bank
Dated
multiple of lk or
a
public utilities.
..;
at
rate
mature
6%, expressed
falo, 90.
fraction of
j The assessed valuations in the
1%
Bidder to .state denoms. de¬
towns and cities for 1943, com¬
sired, which must be in multiples
pared with the current valuations
of $5,000.
A certified check for
follow:
$55,600, payable to order of the
Town
or
1942
1943
City
City
Comptroller,
is
required. Alden
$4,436,482
$4,382,363
35,120,743
33,514,524
Legality approved by Caldwell, Amherst
in
out of every
which
clubs,
pur¬
certificates of indebtedness,
including $630,000 series of 19381939, $600,000 of 1939-1940, $750,000 of 1940-1941, 'and $800,000 of
under
ing
a.m.
4
Tax
they
11
in
the
awarded
were
tional
1948
name
during
Creek, water refunding bonds
offered Nov. 24—v. 156, p. 1651—
1,
county, generally," Hart, Village
Clerk, states that
points out, "as these the
$160,000 refunding bonds ap¬
rates are used by the State for
proved by the State Comptroller's
apportioning school monies and, office have not
yet been issued.
what is most important, in fix¬
ing special franchise values of all Mamaroneck (P. O. Mamaroneck),
re¬
$2,780,000
on
of
appeal,, the New Jersey^ Su¬
preme
Court, on Nov. 20, held
unconstitutional a 1936 State law
pn
that
until
from
for
agencies
ence
...
| The Board pointed out that the
fixed
Nov.
.
Jersey (State of)
buildings
...,,
$1,000
(M-N)
,
Ruled
other
,
State
true
tion
road of New Jersey property in
Jersey City.
The original assessment of- $22,447,020, fixed by State Tax Com¬
missioner Kelly, was slashed by
the State Board of Tax Appeals
in.'
an
opinion
by
President
three-point increase, but
a
Dated
Bidder to
1/I0th
Bonds
falo.
towns, used in tax rate fixing
(the ratio of assessed values to
1, 1948.
Davis, City Comptroller, will
chase
Central Rail¬
1942.
were
their ratings are lower than Buf¬
the
ton, N. J. v
Hague on Nov. 6 promised to
"fight to the bitter end through
all the courts," a cut of $7,500,000
on
in
tance
550, Tren¬
Buffalo, N. Y.
—
given
87%
cities also
dress of the fund is Box
Mayor Hague Protests Railroad
Reduction
with
Other towns and
bonds.
and
required.
compared
as
of the full values
six-point increase over last year.
i "This is of considerable impor¬
;
incl.
A
„
registered
long-term
bonds
of
New Jersey taxing units aggre¬
gating $2,157,000. Post office ad¬
Jersey City, N. J.
Assessment
Pension
announces
1947
seph P. Broderick and John K.
Lapp, gives Buffalo an equalized
rating showing assessed valua¬
sealed bids until 2 p.m. on Dec. 1
Co., New¬
ark.- A certified check for $4,140,
to order of
the
a
chants & Newark Trust
payable
Offered for Sale—
Local Issues
as
tions to be 90%
—
New Jersey (State of)
1
inter¬
large suburban
towns and
represents war-plant
and defense-housing projects.
The
report,
issued
by
Tax
Equalization Commissioners Jo¬
site
Denom. $1,000. Due Nov. 1,
follows: $2,000 from 1943 to
race
$750,000
Oneida, N.Y.
Bond Sale —The $95,000
1942.
school
New. York
raised
year.
Clerk, will receive sealed
construction,
rather than any general increase
in property assessments.
The de¬
velopment was confined chiefly
industrial
have
' relief
war
12:30 p.m. (EWT) on
10 for the purchase of $23,not
to
exceed
6% interest
000
addition,
tracks
S
until
reasons," exemptions from
are not favored,
and so
strictly construed. Such re¬
nunciation of sovereignty is sus¬
tainable only on grounds of pub¬
and
No.
(P. O. New Hyde Park), N. Y.
Bond Offering—Ernest Benson,
Dec.
The
In
Hempstead and North Hempstead
County, ori which the 1943
county tax levy will be spread,. is
$1,269,308,198, an increase of $15,216,930, the County Tax Equali¬
Board'
1909
^
84.143.678
public.
During the four months ending
Oct.
31,
chases
1942, sinking fund pur¬
of
investments
exception of U. S. Treas¬
bonds in the amount of $296,-
17.601,934
1,244,015
19,716,190
47,020,143
909,868.130
No
thereon
to
as
additional
of
1942.
two
In
rate
that
event
or
bond
months from
the
the
pay
interest
nancing is expected within
riod
fi¬
a
pe¬
Dec.
1,
prior to
delivery of the bonds the income
received by private holders from
bonds of the same type and char¬
acter
shall
be
taxable
by the
terms of any Federal income tax
law, the successful bidder may, at
his election, be relieved of his
obligations under the contract to
purchase the bonds and in such
the
case
deposit
.
accompanying
his bid will be returned.
consisting
entirely of New York City bonds,
with the
the
limitation
amount.
to
necessary
Collects 95% of Tax Levy^-The
city
to
up
Nov.
-
95% of the
had
1
1942 tax
collected
levy of $16,-
ury,
Wales
724,647.-, > /
■
$11,553,000, of which $5,930,000 West;-- Senecar... ...
18,986,120
000, amounted to $12,001,025.44.
;
City Treasurer Haskell H.
Lackawanna
.45,929.361,.
51% is for payment of princi¬
Of this last total, securities pur¬
904,043,630
Marks said that if the rate of in¬
Buffalo .........
pal and interest on debts.
If the
chased from the public amounted crease
continues during the next
$1,253,586,505 $1,269,308,198
county owed nothing the tenta¬
to $1,613,141..
two months the percentage of city
tive budget would provide for a Harrison
(P. O. Harrison), N. Y.
tax collections will be unprece-*
New York (State of)
rate of $4.50 per $1,000 assessed
dented for the last 20 years.
Refunding Issue Approved—The
valuation
for
Buffalo
$10,411,896 Income From Horse
property
State Comptroller has approved
"Our uncollected balance of this
owners instead of approximately5
Racing—Frederick S. Buck, direc¬
an .issue
of $100,000 .refunding tor of
$9.-:
■
pari-mutuel revenue for the year's* tax levy is only < $815,300
j Mr. Persons emphasizes provi¬ bOnds.;- V0-; j *...
less
New York State Department re¬ which amounts to $268,172
sion is made in next year's budget
than last year when the balance
ported Nov. 6 that the State had
-•*, Hempstead, N.Y."
for reducing the countyV funded
of uncollected taxes totaled $1,-*
f Bond Offering—Lael Von Elm, collected $10,411,896 during 1942
debts by $4,964,000 to $32,410,600,
as contrasted with the high point
"
•
—
Village-Clerk, will receive sealed from pari-mutuel revenue, ex¬ 083,472."
of
or
jTotal/..
...
.
,
'
differentiation among fra¬
ternal groups
in this, regard/
decision
That
was
followed by
wholesale exemptions with the re¬
sult that
sessed
about $20,000,000
in
as¬
incorporated in the revised
As
a
oL1937, the law contained
'section
to
tions
the
which
Supreme
barred
exemp¬
fraternities
college
Court
of $41,447,000
j
in 1938.
tions
but
ruled
later
Colirt
opinion,
as
handed
Justice Harry Heher, the
said that the earlier
sion voiding the
deci¬
section of the Act
.
(EWT)
on
-exceed
place bonds of 1942. Dated Nov.
levy
1; 1942. Denom. $1;Q00. Due Nov.
of
is
only $180,000 under that
1942.
This
reductions in
made
in
other
Court of Errors and Appeals.
its latest
p.m.
propriations, but the proposed tax
the
is
the
county
next
share
year
budget.
rowed.
is
of
has
1,
were
000
shared
expenses.^
that
the
in
a
An¬
entire
home-relief
for
has been placed -in the
This
year
*
40%
000
large
Welfare Department
State
factor
because
appropriations
large part of the
in
2:30
the purchase of $216,-
1 for
to
where
down by
Dec,
or
the
appeal
which
bids" until
not
and
on
,
coupon'
by
sustained
r
$17,517,000,
totaling
that section unconstitutional
was
,
The budget contains appropria¬
is $1,703,000 less than current ap¬
property valuation was re¬
moved from the tax rolls.
statutes
j>:
was
bor¬
as
6%
registered
$25,000
1944
to
1949
from* 1950
to
at the
tional
Dunnigan,
incl.
1952
and
incl.
pay¬
Bank, West Hempstead,
York City.
Senator John J;
bill in 1939.
West Hempstead Na¬
at the Bank of New
by State
parking
Principal and interest (M-N)
able
dicted
interest
'
follows: $21,000 in 1943; $20,from
ceeding the $10,000,000 figure pre¬
or
York, of New
Legality approved by
!•
who
introduced
the
bill, Hie State received only
$617,000
from
race
track
book¬
enue
tuel
over
from
$80,000 in rev¬
uncollected
tickets,
which
to the State in
revenue
turned
April, was not
included In his total.
plus
pari-mu¬
was
He said this,
still incoming, would
Hawkins,* Delafield & Longfellow
probably push the total figure for
of New York
the year well above
City.-
..
tax
$10,500,000.*
year
year
were
during
reached
the collections
$239,540, but the
levy for 1941 was higher, be-*
ing $17,554,335, or about $829,000
more
than this year's
The
said that
this
of
$211,866. Last
makers.
Buck
Collections of city taxes
in October
In 1939, prior to passage of the
new
:
October
collections
levy.,
-
the
at
City
Treasurer's office during the first
10
of this
months
by
about
when
1941
age
2%
,of the
Nov. 1
was
the
the
an
exceeded
collections
in
collected percent¬
1941
tax
levy
up
to
93%.
Collections of
show
year
water
unusual
taxes
increase,
also
City
Marks
Treasurer
indicating
said,
people who own their
homes are meeting their tax
the
that
own
obligations as never before.
people paid their
1942.
April 1, 1929,
Referendum 1927.
Maturing
Certificate
Sale
The $300,000
—
anticipation certificates of in¬
offered
debtedness
24 were
Nov.
awarded to the First Boston Corp.,
New
at
0.46%
interest.
Dated Nov. 25, 1942, and due Oct.
25, 1943. Payable at the Chemical
Bank & Trust Co., New York. Le¬
gality
approved
by
Thomson,
York,
Wood
Hoffman
&
New
of
York
The National City Bank of
New York was second high bidder,
City.
of
premium of $7.50.
naming
Westchester
plus
0.47%,
rate
a
Bond
Department,
the
monthly October collections
County Tax Department
fell below the amount collected
the
of
and, James said, for the
same reason/ Last month's collec¬
tions
amounted
to
$95,066.87,
while
collections
for
October,
aided
gotten out earlier this year
in the early collection of
taxes.
in tax col¬
Most of the increase
lections has come from
County (P. O. White
issue of
Sale—The
$300,-
Rye Lake airport acquisition
and not the city,
the county
turing
awarded to the Marine Trust Co.
of
some
Nov.
20
was
Buffalo, and R. D. White & Co.,
New
York, jointly, as 1.70s, at a
100.33, a basis of about
Dated Dec. 1, 1942.
Due
price of
1.66%.
April 1 from 1944 to
1963 incl.
Principal and semi¬
annual interest payable at the of¬
$15,000
on
of
fice
kins,
New
York
Longfellow of
Delafield &
bids
City.
Stuart
Barney
&
<fe
&
SherNew-
Co.,
and
Co.,
100.167
CAROLINA
(P.
County
Franklin),
O.
Sale—The
cou¬
refunding bonds offered Nov.
24—v. 156, p. 1819—were awarded
to a syndicate composed of John
pon
Nuveen
&
$13,000 in 1960, $12,000 in 1961 to
1964, $32,000 in 1965, $28,000 in
istered
in form, reg¬
to principal only. Prin¬
as
cost basis of about
000
3%s, and $58,000 due in 1966 and
approved
1565
in
314s; $50,000 school and
bonds maturing from 1950 to
as
incl.,
and $12,000 due
3 V4s; $60,000
1948
3V2S, and $14,000
1967, as 3 Vis. All
as 3V2S,
and 1967
1966
Bonds Voted—An issue of
Nov.
1985
incl.,
as
due in 1966 and
1929.
Sept.
election.
3
bonds
Sinking
Fund
dum
17
Nov.
011
City
the
by
sold
to
syndicate headed by the First Na¬
tional Bank of Chicago, at a price
Dec.
of
108.334,
as
1937.
p.
:
Unlimited Tax Issues
fered 100.004 for
1927.
Raleigh, N. C.
City
and
County
city
and
—
Tax
Collec¬
,
;
The collection of
is
taxes
county
going
,
totals
ing
for
increase
over
ments.
the
released
respective
tax
depart¬
Jan..
1928.
1.
of
63,000 street
bonds.
—
$7,000
$476,770.29
or
53.9 of its current
levy of $889,938.43. These figures
an
total
collection for the
of
increase
last year's
show
over
$348,916.58
or
same
pe¬
48.9 of the
However,
on
collections
of
$93,-
the current levy during
this October show
amount
a
decrease
collected
Collections
totaled
in
on
-
Maturing
June
1,
!
*
Maturing $7,000
1, 1943 to 1948.
on
Sept.
over
October,
during
that
$125,353.06.
The
decrease, Price said, is due to the i
Referendum 1927.
turing $4,000
on
Ma¬
Sept. 1, 1943
to 1951.
42,000 airport 4% bonds.
Dated March
on
1. 1939.
1943 to 1949.
,
-
Dated
June
1.
endum 1929.
on
\
.,
Refer¬
Sept. 1 in each of the years
40,000 street
Streets
Sept.
1929.
—
,.•■■■
bonds.
1940.
1945,
al
.
000
-
>.
\ 60,000
i
■
;
the years
000
Referendum 1928.
turing
011
on
Sept.
1
in each of
1943 to 1950 and $7,Sept. 1, 1951.
Dated
.
1943 to 1945.
United States by act of
or otherwise the pur¬
the
by
bonds
of said
chaser
at his
may
option, elect to withdraw his offer
to purchase and refuse delivery of
said bonds.
Logan, Ohio
Chase,
Bond' Offering—Ward M.
City Auditor, will receive sealed
bids until noon on Dec. 4 for the
3%
$8,000
of
coupon
1,
storm sewer bonds. Dated Nov.
Due $800 on
Oct. 15 from 1944 to 1953 incl. A
Denom.
1942.
$800.
$1,000, payable
certified check for
to order of the
city, is required.
$20,000
Maturing
"1940.
on
-1Sept. 1 in each of the years
1943 to 1945.
J
40,000~ playgrounds—Western
•
-
et al WPA 2Y2%
Nov.
on
40,000
Hill
bonds. Dated
1,1940. Maturing $10,000
Sept. 1 in each of the years
to
;
et al WPA 2
000
V2 % bonds: Dated
1, 1940.
011
years
sealed
for the
exceed
bonds.
1, 1942.
Denom. $1,000.
Due semi-annually on May
1 and Nov. 1 from 1945 to 1951
(M-N)
int.
and
Prin.
incl.
pay¬
Sinking Fund
certified check for
able at office of the
A
Trustees.
Legal
of the bid is required.
of Squire, Sanders &
Dempsey of Cleveland will be
furnished the successful bidder at
opinion
'
his own expense.
municipal issues offered Nov.
ous
23—v.
156, p. 1731—were awarded
Maturing $10,-
Sept. 1 in each of the
1943 to 1946.
Co., Inc., as
Halsey, Stuart &
to
l%s, at a price of 101.109, a basis
of about 1.29%.
Due serially on
Oct.
15 from 1944 to
1953 incl.
Second
bid of 100.62 for
made by the Ohio Co.
high
V/zs was
of Columbus.
Middleport,
Ohio
Court
High
Voters Must
Bond Is¬
sue
—
Says
Plant
Utility
Consider
The
Commission, ac¬
City
cording to a recent State Supreme
Court ruling, must either repeal
authorizing
ordinance
a
$1,-
800,000 bond issue to finance con¬
of
struction
a
municipal electric
light and power plant, or submit
ordinance
endum.
to
refer¬
public
a
,
Commission
The
the
passed
ordinance
authorizing issuance of
mortgage
revenue
amount Nov. 18,
in that
bonds
1938.
A referen¬
dum
petition signed by more than
10%
of the voters was filed with
the clerk of the
Commission, but
the Commission ignored
tion
on
tive
the
the
filed
been
grounds
with
a
it
the peti¬
had not
proper
execu¬
officer.
The
1946.
streets—Harrison Avenue
Nov.
Ayres,
Dec.
Dated
the
.
Sept.
Ma¬
bonds.
parks—River
1943
1948.
shall be made subject to taxation
an
1943 to 1945.
. ..
public works. equipment
2V2% bonds., Dated June 1,
yi9
1950.
1940.
1
Park et al
WPA Vk% bonds. Dated May
1, 1940.
Maturing $13,000 on
Sept. '1 in each of the years
■
Dated
Sept.
1943. to
1, 1939.
Maturing $20,Sept. 1 in each of the
years
.»
%
in each of the years 1943 to
71,000 grade crossing elimination
234% bonds.
Dated Sept. 1,
1939.
.
on
39,000
Dated
on
,
,
on
the years
WPA 2 V2 %
Dec.
•
,
Referendum
Maturing/$5,000
each of
2V2%
"60,000 street—Oxford Avenue el
.
Locust/Calhoun
2V2%
1,
/
$10,000
Maturing
in
•
Maturing $5,000-
1943 to 1951.
1
1940.
bonds;
Maturing
30,000 sewer—ravine WPA
bonds.
Dated Dec. 1,
Refer¬
Maturing $5,000
Sept. 1 in each of the years
1923.
Referendum
1927. Maturing $7,000 on Sept.
1 in each of the years 1943 to
1,
Sept.. 1 in
1943 to 1949.
45,000* playgrounds 2%%
.
1928.
on
endum 1929.
■
Dated
Referendum
1927.
-
Dated Jan. 1,
each of the years
Sept. 1, 1943 ta 1951.
1928.
$5,000
1939.
,
35,000 playgrounds 2%% bonds;
42,000 airport 4%. bonds.
June
Ninth et al 4%
April 1, 1928.
1925.
bonds.
et
Referendum 1925. -Ma¬
turing
.
36,000 street—Cummins Street et
al 4% bonds.
Dated July 1,
1941 levy of $725,786.25.
month
1939/
-
Dated
of
1941.
'
park. 4% bonds.
Dated
March 1, 1928.,
Referendum
1927. Maturing $5,000 on Sept.
1, 1943 to 1948.
Referendum
the
'*
Road
2J/2% bonds.
$16,000 on Sept. 1 in each of
the years 1943 to 1945.
1938.
street—Madison
al 2Yz%
$10,000 ' on
Sept. 1, 1943 to 1948..
■
35,000
Dated
30,000
.
■;
-
The City Tax Department, as
810.16
in
Referendum
Maturing
October, 1942, has collected a total
riod
1
each of the years 1943 to 1951,
both inclusive. ■'
1927,
1941, accord¬
figures, recently
to
their
by
an
October,
Sept.
on
60^000 airport 414% bonds.
well and totals collected as of last
mpnth show
$7,000
California high
Dated Sept. 1,
"
1,
—
level route WPA
Dated
Referendum
1927. Maturing $8,000 on Sept.1 in each of the years 1943
to 1948.
"
■'" r
Ma¬
Referendum 1925,
turing
Road et al 2V2Y0 bonds.
July
street
48,000
on
48,000 street —Anderson, Ferry
$63,000 street—Ninth Street et al
414% bonds.
Dated Oct. 1,
$354,000 33/4s and
$370,000 31/2S.
tions Higher
$9,000
Sept. 1 in
1949 to 1951.
and $4,000 on
1948
each of the years
1
Charlotte, second high bidder, of¬
bonds
said
from
derived
income
Bond Sale—The $61,327,16 vari¬
-
Sept. 1, .1943,
and $8,000 on Sept. 1 in each
of the years 1944 to 1948.
1819, are described as follows:
$5,000 on Sept,
1943 to
42,000 grade crossing elimination
2%% bonds. ; Dated Oct. 1.
1937. Maturing $5,000 on Sept.
1 in each of the years 1943 to
$5,000
Dated Oct. l,
Referendum 1926.. Ma-
tuning
deliver said bonds, the
ready to
1946.
al 2 Vz %. bonds.
reported in v. 156,
notifies the purchaser it is
the city
2%
1936. Maturing
49,000 street—Auburn Avenue et
p
of
Co:
Investment
Southern
and
dated
are
in each of the years
1 in each of the years
1947.
1943 to
on
20,000 fire department apparatus
V "
2!4% bonds.' Dated March 1,
Sept. 1 in each of the years
on
a
1,
bonds
A group
1942.
on
$3,000
and
1946,
1947 to 1951.
Referen-
Maturing
192.9.
to
Sept. -1
"J
Dated June 1, 1937.
■j
Sept. 1 in each of the years
1943
25,000 traffic lights 21/2% bonds,
composed of R. S.
Dickson & Co., Vance, Young &
Hardin, MtDaniel Lewis & Co.,
First
Securities
Corp., Durham,
the
cf
$7,000
1943 to 1945.
;
274,000
on
<
each of the years
in
Cincinnati,
City of
1942, at 10 o'clock a.m.
event that prior to the time
Dec. 8,
on
on
hospital •— Obstetrical
Building 2%% bonds. Dated
Dec. 1, 1935.
Maturing $4,000
1951.
Referendum
Maturing
1
the
of
Fund
bonds.
31,000
Hated
bonds.
1936.
1,
the
Description Of Bonds—The $2,-
as
Dec.
was
at
voters
j
Cincinnati, Ohio
school bonds maturing from
to
by ' the
■
Locust/Calhoun
—
2 V2 %
Streets
$20,-
department "bonds
fire
-
1 in each of the years
street
21,000
Ohio
Township,
Champion
F
to 1949.
each of the years 1943 to
•
at the of¬
Sinking
Lorain, Ohio
1, 1932. Maturing
Bond Offering — Frank
Sept. 1 in each of
the, years 1943 to 1951.. PayCity Auditor, will receive
able from general tax levies, bids until noon on Dec. 14
but
also
payable from the purchase of $98,000 not to
earnings of the water works. 3%
interest
refunding
$5,000
Oct. 1, 1932. Referendum 1929.
Maturing $6,000 on Sept. 1 in
-t
OHIO
$530,000 road
maturing on
Dec. 1 from 1943 to 1965 incl., as
road
!
each of the years 1943 to 1951.
45,000 water works 4xk%
54,000 park—Lincoln Park re:
placement 414% bonds. Dated
ity to be approved by Reed, Hoyt,
Washburn & Clay of New York.
3.45%, as follows:
and
bridge bonds
1967,
194$
turing
•••;
bonds.
July 1, 1932. Referendum 1929. Maturing $6,000 on
Sept.
4%
1, 1931. MaSept. 1 in
on
the
Dated May
4%%
Dated
York, or at the Wachovia Bank &
Trust Co., Winston-Salem. Legal¬
$4,000
furnished
be
delivered and paid for
purchase
.
Square
'•
r
195i:
to
university
42,000
Fountain
bonds. Dated May
each of the years
in
1
1943
The
1967.
cipal and interest (J-D)" payable
at the Chase National Bank, New
Co.,
interest
in
$27,000
and
Sept.
bonds will be coupon
Salem; Interstate Securities Corp.,
Charlotte; McDougal & Condon of
Chicago, and Miller, Kenower &
Co. of Detroit, at a price of 100.05,
net
university 4!£%
bonds.
Dated May 1, 1932.
Referen¬
dum 1929. Maturing $5,000 on
1957, $22,000 in 1958 and 1959,-
1943 to 1951.
years
45,000
Chicago; Wach¬
ovia Bank & Trust Co., Winston-
a
1, 1930.
Maturing $4,~
000 011 Sept. 1 in each of the
June
36,000
will
fice of the Trustees of the
136,000 sewer—West Fork intereepter
414%
bonds.
Dated
each of the years 1943 to 1947.
1942, in $1,000 denominations and
mature as follows:
$6,000 in 1952
Approving opinion of City
Solicitor
successful bidder. The bonds to be
Congress
1943 to 1945.
Maturing $11,000 on Sept. 1 in
;
1938.
$39,000 airport 44/2% bonds. Dated
Sept. 1, 1929. Maturing $13,000
on Sept. 1. in each of the years
May lf, 1932. Referendum 1929.
offering of $228,000 re¬
an
1, 1941.
Maturing
Sept.
Limited Tax Issues
55,000 airport 4%% bonds. Dated
Sale—City plans to
Plans Bond
1966,
$724,000
1951.
1943 to
make
!
1
Sept 1 in each of the years
on
1941.
to
N. C.
Bond
dropped to $82,000 in
this amount
funding bonds, to be dated Dec. 1,
,
1%':;
NORTH
Macon
100.209
1
Loeb & Co
burger,
clining each year. In 1937, county
back taxes totaled $180,000 but
Irving Trust Company, New York
City, or at the Provident Savings
Bank and * Trust Company, Cin¬
In the
lxk%
$5,000 011 Sept. 1 in each of
the years 1943 to 1951. -
1
Maturing
in each of
1943. to 1951,
the years
,.
1929.
Sept.
on
Referendum
v.
.
Dated
bonds.
,
>
'
hospital
general
45,000
54,000 city work yards 4% bonds,
i
Dated June 1, 1931. Referen¬
dum 1929:
Maturing $6,000
Referendum
$4,000
1943 to
Sept. 1 in
on
1950 and 1951.
county's books is de¬
taxes on the
Rate Bid
and
1949, and $6,000
36,000 bridges—Ida Street et al
:V
4% bonds. Dated Feb. 1, 1931.
lOQ.CSG
Co
Co.,
Sons
1 in each of the years
County De¬
partment collected $14,000 in back
taxes.
Last year the department
collected
only
$8,000
in
back
taxes.
The total amount of back
During October the
Winston-Salem, N. C,
Int. Rate
Biddev—
Harvey Flsk &
C.
F.
Childs
&
weed
other
Among
1927.
.V
,
1, 1941.
Referendum
Maturing $7,000 on Sept.
Sept.
.bonds.
1943 to 1950.
;
Anderson Ferry
—
Road et al. 21/;>% bonds. Dated
1930. . Referen¬
dum 1929. Maturing $5,000 on
Sept 1 in each of the years
principal and interest.
to
as
Registered: bonds are transferable
upon due assignment.
The princi¬
pal and interest of all City of Cin¬
cinnati bonds are payable at the
cinnati.
Dated Sept. 1,
<
istered
-
61,006 street
•,
414%
university
40,000
time.
the following:
were
Halsey,
Smith-,
Fi¬
of
Commissioner
the
Legality approved by Haw¬
nance.
'
1943 to 1950.
Anderson Ferry
2V2% bonds. Dated
1 in each of the years 1943 to
1951.'
At the re¬
form.
coupon
be exchanged for bonds reg¬
may
Aug. 3'1,
1941.
Referendum
1927. Maturing $5,000 on Sept.
•
in
$1,000 denoms.
quest of the owner coupon bonds
!
in
1950.
Sept. 1 in each of the years
on
.}.
and
1'
Sept. -1
on
48,000
parks,
boulevards
and
playgrounds 4V2% bonds.
Dated April 1,. 1930.
Refer¬
endum
1927. Maturing $6,000
creased, while farmers are having
the best year they have- had in
offered
bonds
$8,000
each of the years 1943 to
.
■
All bonds are in
—
Road et al
Ma¬
each of the years
1943 to 1951. *
Sept. 1 in each of the
1943 to 1951.
45,000 street
Dated March 1,
Referendum 1928.
1930;
bonds. Dated Aug.
1 in
Sept.
>
Victoria Avenue
—
Maturing $5,000 on
1, 1941.
on
years
1
playgrounds
and
4V4 % bonds.
James stated. He
explained this by saying' that city
people usually live on salaries and
salaries have not appreciably in¬
park
64,000
7,000
street
et al 2 V2 %
63,000
general
hospital
2V2%
i •• bonds.
Dated April 1, 1941.
Referendum 1938.
Maturing
1951.
1943 to
1943 to 1946.
,
Sept. 1 in each of the years
on
1941, were $115,426.41. James also
said that the fact that tax notices
were
1 in
1947.
on
1, 1940. Maturing $10,000 on
Sept. 1 in each of the years
45,000
63,000 sewage pollution eliminaI
tion 2%% bonds. Dated April
1, 1941. Referendum 1938. Ma¬
turing $7,000 on Sept. 1 in
i, each of the years 1943 to 1951.
36,000 asphalt plant 41/2% bonds,
Dated Sept. 1, 1929.\
Refer¬
endum'1927.
Maturing $4,000
last year,
a
Plains), N. Y.
000
Like the City Tax
Sept.
$10,000
each of the years 1943 to
1
and
Ma¬
turing
$79,039.37 over last year.
Utica, N. Y.
Referendum 1926.
1929.
1
each of the years 1943 to 1950
$6,000 on Sept. 1, 1951.
,
50,000 grade crossing elimination
4V2% bonds.
Dated May 1,.
—
Mayfield et al
2ya% bonds. Dated Dec.
parks
WPA
1, 1940. Referendum 1938. Ma¬
turing $7,000 on Sept. 1 in
$11,000 on Sept. 1 in each of
the years 1943 to 1947.
Leonard
James, County Tax
Collector, the total amount of
county taxes collected as of last
month amounted to $458,307.31 as
compared to the October, 1941,
total of $379,267.94, an increase of
Dated
bonds.
40,000
62,000 sewage pollution elimina¬
tion 2%% bonds. Dated Sept.
4%%
department.
fire
55,000
According to figures released by
J.
of $400,000 re¬
proved an issue
funding bonds.
more
taxes in advance in
Comptroller's office has ap¬
State
that
fact
Troy, N. Y.
Refunding Issue Approved—The
tax
Monday, November 30, 1942
THE COMMERCIAL & FINANCIAL CHRONICLE
1910
court
held
that
filing
of
petition v/ith the Commission
clerk
was
proper
under the city
charter.
(The
never
bonds
in
question
been offered for sale.)
have
Volume 156
Number'4129
Ohio
Bridge
Debt
line
THE COMMERCIAL
The
(State of)
Commission
and
,
gaso¬
rationing have reduced
reve¬
them
three of Ohio's toll
nue
on
but
war
bridges
industry skyrocketed in¬
tions
State's
did
not
collected
four
boom"
disclose
in
tolls
bridges
Pomeroy structure
a
but
a
Pleasant, W. Va.
Point
near
the
Ohio
the
on
Steubenville bridges, he
State
retired
Marketability of the bonds
sued
and
due for
not
were
Pomeroy
bridge
were
due
in
1956
the
could
on
Federal
market for the
a
bonds, Emmerich declared, mak¬
ing it impossible for local authori¬
ties
that it appeared doubtful whether
bonds
law
the open-market
would eliminate
small
so
the
raise
to
least
at
be
quired by law.
This would
met," Palmer-asserted.
construction
appears
completed projects,
"Today it
that this will be the first
of the State
He
added
bridges to be freed."
Sinking Fund
that
$280,000 in bonds
still
were
outstanding
on
the
structure and they might be paid
off by 1945.
Palmer
also
announced
would
cease
mean
un¬
on
Bonds-
Awards
George M. Pogue, Secretary of the
State
Teacher's
Retirement
tem announced the sale
Sys¬
Nov. 12
on
of
$2,807,275 of bonds of various
taxing units in Ohio.
'
that
,
$382,000 in bonds
the
four
retired
were
structures
in
on
West
November
—$125,000 each on the Sandusky
Bay and East Liverpool spans and
$90,000
in
Steubenville. bridge
bonds
in
the
on
addition
protection bonds
proved by the voters
four
spans,
the
re¬
Lose
Savings Bank,
In
the
to
Whitehouse
3s, at par;
as
Zanesville, Ohio
.
•"
•
.
• •
j
cinnati, as 1 Va s, at a price . of
100.013, a basis of ,about 1.248%;
is no indication that the State will —v. 156, p. 1651—were also bid for
recede from its position.
; :
Hugh as follows:
Jenkins, Chairman of the State
For, 114% Bonds \
Board of Tax Appeals, said he
Bidder—
Rate Bid
knew of no contemplated action
Harris
Trust
&
Savings ,L
to change a policy of denying tax
Bank, Chicago
100.82
exemptions to low-rent projects,
Halsey, Stuart & Co,_
100.69
y
The Board refused to exempt
Hawley, Shepard & Co.—- 100.56.
the Columbus Housing Authority
Paine, Webber, Jackson &
"
[
from taxation on the ground that
Curtis
100.49
developments
.
Ryan, Sutherland & Co.—1'100.29
Stranahan, Harris & Co.,
.''.
property, and the Ohio Supreme
Court upheld the Board.
,
Inc. yi—— 100.14
This caused the Federal Hous¬ Braun, Bosworth & Co._—_' 100.07
ing Authority to
announce
in
For 1%% Bonds
Washington that it was prepared
Ohio Co. of Columbus-.:—w 101.33
to take over on next April 1 the
low-rent developments owned by Seasongood & Mayer--—— 101.22
Van Lahr, Doll & Isphordthe metropolitan housing authori¬
ties in the 10 Ohio cities if the
ing
101.13
State adhered to its policy of non¬
Fahey, Clark & Co
101.09
tax exemption.
Field, Richards & Co.— 109.95
The
housing
case
OKLAHOMA
exemptions — which
considered a community's con¬
stopped
are
Assel, Kreimer & Fuller___ 100.62
Supreme Court's ruling in
Columbus
the
tax
tribution
the
to
projects—on
Tulsa County (P. O.
de¬
Diversion
velopments at Akron, Cincinnati,
Columbus,
Portsmouth,
Cleveland,
Hamilton,
Warren
and
Orlando
Dayton,
ion
Toledo,
the
over
from
the
which
local communities would lose their
indebtedness
paid.
1
ihem
on
had
been
*
-
Debts
years,
will
be
retired
in
•
,
60
but the properties will be
kept in good condition and should
have a good value at that time, he
declared, while if
no
project
a
were
longer needed at the end of 60
years
it would be liquidated and
to the county
the money would go
in which it
Equities
the
amount
was
situated. '
equal
of
indebtedness
re¬
tired through rent collections and
vary
years
according to the number of
the projects
have been in
operation.
down
an
Pro¬
the
constant,
rates
while
re¬
raises
showed in 61 cities.
\ Total r property
fiscal
two
were
in
levies
for
the
one-mile
gap
between Admiral
and the
Sheridan
on
1.25 miles
on
•
"When funds
are
issuing of bonds
or
y
raised by the
by taxation for
designated purposes, they cannot
diverted for
some
The
all-time
cities
1941
levy
high since
the
the
was
1926.
parisons in the bulletins
other
purr-
The Assistant Attorney General
a
point
clared
Supreme Court decision in
on
the
"that
Court
question,
in
view
of
and
de¬
the
Su¬
decision, it is the
opinion of the Attorney General
preme
10
By
Dutton
when
signed
A
calendar year to
a
ning from July
was
to
'Comparisons of
city population
differences
June
from
run¬
30.
on
1941
year
indicated
that nine cities having
5,000 population lowered tax
rates, while six increased
the
over
In
cities
5,000 .'figures
from
2,500 to
showed
rates
and.
that
tions
between
with
16
in
1,000
each
and
2,500,
Lower
group.
with
populations between 500 and 1,000,
higher rates in 13.
In towns of
less in
were
'
Average property tax
levy for
5,000, according to the
Bureau,-is 22.2 mills; for cities be¬
tween 2,500 and 5,000, 23
mills;
between 1,000 and 2,500, 18.9 mills;
,,
cities
over
between 500 and 1,000, 22.1 mills,
and
under
500, 15.4 mills.
Salem, Ore.
Hanzen,: City
ceive
sealed
Recorder,
bids
will
until
re¬
7:30
p.m.
Dec. 7 for the purchase of
$46;-
000 not to exceed 4%
interest
re¬
funding bonds, 1943 series. Dated
Feb.\l, 1943. Denom. $1,000. Due
Feb.
1, as follows: $4,000 from
1944 to 1947 incl. and
1948
the
$5,000 from
to 1953 incl.
City reserves
right to call in numerical or¬
Feb.
on
1, 1946, and on any
subsequent interest date, any or
all bonds maturing after said date.
Interest payable
certified
check
for
2%
be furnished by the city.
Judge
Bond
;
ating
Sale
to
1
—
The
$78,000
oper¬
bonds offered Nov.
revenue
Although he did not order
duction
sale
V2S, at ;100.675,
'. Dated
1.37 %.
Nov.
on
1
a
Nov.
from
1,
as
of about
1942
1943
to
and
1952
District, Pa.
Other: Bids—The $22,000 school
bonds
recently awarded
to
Phil¬
lips, Schmertz & Co.. and George
Applegate, both of Pittsburgh,
jointly,
as
of "about
our
for
Vue
Vpe
Council
the
of
-
a
issue,
proceeds of
be used to pay off the
improvement
certifi¬
bond
borough's
Port
This resulted in
cates.
of
for
a
of
all
requirements
of
his
had
court
the
last
was
fortunately, this is not in
cretion
but
in
the
the. municipal
authorities,"
judge explained.
city
Other
expected to in¬
are
total
surplus
putting its 1942 tax rate into ef¬
fect, also sought a reduction to
•
from
to about
the
wage tax
the period ending last month
for
The taxpayer's suit which asked
:
the
Collections
the
mills.
revenues
$6,000,000.
of
the Court to restrain the city from
11
was
crease
dis¬
our
ac¬
timate will total $4,000,000.
"Un¬
discretion
year,
amounted to $20,419,040,
reported, and collections
for the remaining two months of
the year will go to build up a sur¬
plus which city fiscal officials es¬
ft
jurisdiction,
year's rate.
current
months
city
MacDade went on, he would have
the
tax
rate
cut to
12.5
mills,
which
entire
cording to announcement Nov. 4.
The yield during the first 10
for the year 1942."
If
the
re¬
any
exceeded by more than $2,090,000
the amount collected all last
year,
when revenues from that source
totaled
$18,377,901.
first
months
10
During
the
of
1941, the levy
yielded only 14,802,676.
,
"There
■
was
necessity
no
for
Pittsburgh School District, Pa.
City Council to levy a tax rate of
Bond
14.9 mills," Judge MacDade said
district
lengthy decision.
Sale—The
"In
view
of
the
the
Insurance
testimony,
evidence
would
we
sale
determination, if the
posed
the right to exercise
our
in
and
awarded to
were
tain
Fund
the
Fire
offered
for
Nov. 24—v.
on
sus¬
$750,000 31/2 %
bonds-held
in his
of
156, p. 1731-—
syndicate com¬
a
Lehman
Bros., EstaCo., Hemphill, Noyes &
Co., Charles Clark & Co., all of
reduced to 12.5 mills.
Unfortu¬
New York, and Phillips, Schmertz
nately, it is not in our discretion."
& Co., Pittsburgh, at a price of
But after "suggesting" that the
114.23, a basis of about 1.648%.
tax rate be cut, Judge MacDade
Dated May 1, 1928 and due $50,declared that for. the purpose of
000 on May 1 from 1944 to 1953
overseeing a reduction, "we shall incl.
Second high bid of 114.094
retain our jurisdiction in this case
was
Court
had
discretion, that the rate should be
for several months to await
de¬
a
cision by the City Council."
Havertord
made
by an account con¬
sisting of C. F. Childs & Co., John
Nuveen & Co. and Paul H. Davis.
Bonds Defeated—The voters
of $225,000
ground bonds.
an
and
park
sue
on
is¬
play¬
Of
Con¬
of
"funding"
outstanding street
in
improvement
cates by means
of
being
Nov.
studied
by
City
will be launched fol¬
unanimously
Councilmen
the
its
de¬
motion
on
to the
properties
company's
figure
following
this
described
was
York
one
of
George F. Young and
$10,000,000
morning
by
who is acquainted
man
with the situation
anxious"
the
city at
of
certifi¬
people's bond
a
in progress, it was
now
cided
carried
10
report:
as
"willing but
close
to
out
that
at
price.
lowing the completion of the city
audit
System
Considered—The York "Dispatch"
of
not
The study
Pa.
Water
Of
Company in the proposed sale of
Certificates
and
sewer
Purchase
The attitude of the York Water
McKeesport, Pa.
Funding
York,
;
y
,
Nov. 3 refused to authorize
is
&
Township (P. O. Upper
Darby), Pa.
issue
brook
If this York man's
summing iip
of the situation is correct,
dication
pany
Mayor Frank Buchanan pointed
out that the city is paying 6%
interest annually to holders of the
lower its
is
will
the
that
in
be
not
the in¬
water
com¬
hurry
a
to
....
Beaver School
G.
County Com¬
holders of
Port
Carl A. Bechtol.
incl.
.
basis
by
which will
specific amount,
the jurist declared that the rate
of 14 mills "is ample to take care
1819—were awarded
Halsey, Stuart & Co., Inc.,
deci¬
a
filed
Council.
p.
Craig,
certificates.
than
was
$457,009.18
>
Allegheny
Port
by
in
Philadelphia's wage tax for the 10
months ending Oct. 31 passed the
do so
in
the
forthcoming 1943 $20,000,000 figure which the City
budget, thus cutting next year's Council expected to derive from
the
tax rate appreciably.
1V2%
pay
envelope
levy
sidered—Possibility
Aliquippa, Pa.
•.
resulted
ceeds Estimates—Collections from
*■
PENNSYLVANIA
contention
in
Ella
took
the
of
a
similar
officials
Philadelphia, Pa.
ruling,
semi-annually. A
bonds,- payable to order of the
city, is required.
Principal and
interest payable at the City Treas¬
urer's office. Complete bonds will
re¬
Pleas Court against the bor¬
ough and in favor of William arid
mills,
,
der
who
cognizance of this fact, and
way of
effecting a reduction would be to
his
believe
Bond;Offering—Hannah Martin
,
owners," and
responsibility rests
suggested that the easiest
r
,
collect it
property
Wage Tax Income Already Ex¬
ten
lowered.
one
to
mon
estate,
more
certificates
unable
improvement
and
petition to that effect."
January.
In
showing the
the
collected for
"the
that
MacDade
pe¬
based
rates
and
$100 of real
per
stated
the
$240,000
rate of 14.9
last
period
a
1
$1.49
streets
on
these
on
are
sion
Judge
taxpayer's suit
brought against the City of Ches¬
ter. The protesting
taxpayers were
George E. White and his wife,
1942 tax
certificates
with the property owners
quested
it would
MacDade,
made
are
we
the
that "the final
a
10 months since the suit
preceding full-year
has
interest
from
ruled
by
Com¬
riods, because a law enacted by
the. Legislature in 1941
changed
the Government fiscal year from
pose," King held.
cited
Albert
made
handed down in
has been
and the
,
High
reduction, according to
decision,
or.
194
.
36th Street
North,. extending from Memorial
to the junction with U. S. highway
75.
Legality of the expenditure
was
recently questioned
opinion was requested.
The
off
by worthless property."
Buchanan
Delaware
Nov.
on
paying
improvements
Vue
in. 1940.
road- due
place and 11th,
a
The
the
County officials had proposed to
use the surplus to asphalt pave the
Too
high," and indicated that
$9,996,009, or $396,628 less than
in .1941, but
$100,000 more than
prohibited
included
Court
about
the
The
—
He
city is not legally obligated to pay
Ethel.
additional'projects 23—v'.
156,
not
Ruled
Court
reached
in
.year
by S. H. King,
are
do
bordered
that the 1942 tax rate imposed
by
the
City of Chester was "too
opin¬
original election proclamation, vi
-
be
approximately
Issue
using a $35,000 surplus from
county' road bond issue to
construct
properties,
equities, while if the present set¬
up were maintained the properties
would belong to the cities after
handed
Commissioners
ty
H.
took
cities
Assistant Attorney General, Coun¬
Zanesville.
serted that if the Federal Govern¬
ment
Tulsa), Okla.
Bond
of
ceeds Prohibited—Under
Corzilius, Director
Columbus Authority, as¬
the
of
Oregon.
that, in.'six
mained
on
not public
were
of
Other Bids—The $74,000 street
less, than ,500 levies
improvement bonds awarded Nov;.
66 and higher in 16.
4 to Fox, Reusch & Co. of .Cin¬
lose
their, equities in $60,000,000 worth of Federal low-rent
housing, if the State insists on
taxing the enterprises. And there
its
of the University
The Bureau found
rates were seen in 28 towns
Equities
Housing Projects—Ten Ohio cities
may
awarded
(State of)
May
..
Rate
County
the. campus
amount.
.
Tax
County
far
as
concerned."
are
said one. of the problems would
be to "decide what we're
going to
against
W% Bonds
enforce
raised
were
Ohio
.
,
100.20
Chester, Pa.
$11,200 fire de-:
partment and town hall bonds of¬ Higher and lower rates were re¬
fered Aug.
11—v. • 156, p. 476— ported in 28 towns with popula¬
State
Cities
;
Bond Sale—The
port showed.
v
Nov. 3.
Whitehouse, Ohio
has retired $2,404,$6,010,000 in bonds is¬
the
on
on
ap¬
was
$42,000
State
of the
sued
the
v
Bonds Voted—An issue of $13,000 fire
Pomeroy structure.
The
000
to
Alexandria, Ohio
100.50
___
collections
as
the local press.
~y •
.
100.52
___
Blair & Co., lnc,__
Municipal Research, with offices
with
y
remaining 20 is worthless
E. H. Rollins & Sons__
ing to; a' report of the Bureau of
on
of the
10%
initial cost of the projects, as re¬
m% Bonds
Butcher & Sherrerd
t
V
Stoppage of local contributions
14 years.
"One year ago revenues of
the open market
on
of
could be sold
The
years.
provision
a
on the Pomeroy
bridge this
year—$14,000 more than paid off
preceding
denial of tax exemp¬
could be sold
in
bonds
in the five
OREGON
projects also would be
tions, he asserted, and unless they
asserted.
$42,000
the
on
1911
Moore, Leonard & Lynch-_ 100.79
Oregon (State of)
is¬
affected by
San¬
East. Liverpool
Bay,
Emmer¬
Herbert
(
Cunningham & Co.— 100.54
For
Cities Reduce Tax
Rates—Prop¬
erty taxes for, the fiscal year July
doubled and beyond the reach of.
r to June
30, 1943, have been low¬
present tenants, causing wholesale
ered by127
Oregon cities in com¬
evictions.
parison to the 1941 year, accord¬
the
said
River
the
„
-
For
S. K.
mation."
the projects and continued to op¬
erate them rents would be almost:
"enjoying
large-war
was
because of
Income has declined
bonds
needed.
other roads than those specifically
designated in,the election procla¬
contribu¬
Federal
ich said ip Washington that unless
the Federal authority took over
the
across
The
and
Commissioner
the
on
industry located
dusky
are
families
low-income,
local
a
Palmer
amount
for.
both
fourth, Ray Palmer,
Secretary of the
State
Bridge
Commission, reported.
on
come
that. Federal1 that the Board of County Commis¬
contributions to the projects must, sioners cannot legally divert
any
stop when tax exemptions are dis¬ of the proceeds of the sale of the
continued, and that to operate bonds for the improvement of any
Speeds
Reduction—Tire
stated
FHA
& FINANCIAL CHRONICLE
IV4S, at 100.12,
1.22%,
as
a
basis
reported
in
issue of Nov. 9, were also bid
as
follows:
For
1!4%
certificates and that each year the
city
on
of failure to
cause
sessments
ers.
a
He
bond
1 %
the
general
collect
on
against property
said
issue
interest"
as¬
own¬
IV4
"at
to
erty
have
Fort Mcintosh National
100.05
Bk.,
against
been
or
retire /
maybe
the
cer¬
that of the prop¬
which
made
assessments
improve¬
for
ments, "40% is paying, there is an
100.00
equity
in
The
another
40%
and
the
of
city's
point in
in the hands
for
City Council
idea
of
starting
a
the conduct of negotia¬
tions with the water company
mentioned
been
which
leaves
company
close
the
the
as
has
$8,400,000,
city
and
$1,600,000 apart
enter upon
He estimated
Singer, Deane & Scribner_ 100.11
members
now
their consideration.
the city could float
tificates.
Bonds
Beaver Trust Co.___
Beaver
draw
must
fund to make up this amount be¬
of
figure,
as
the
they
serious negotiations to
deal.
Upon the ability of both parties
to the deal to close that $1,600,000
gap
depends
the
success
of
the
THE COMMERCIAL* 8c FINANCIAL CHRONICLE
1912
SOUTH CAROLINA
negotiations and the question of
whether
or
not York in the near
is to have
future
municipally-
a
owned water company.
The conservatively listed assets
of the water company are far be¬
low the
$10,000,000 figure quoted,
value
market
the
nearly
more
its
of
approaches
stock
it,
and
inventory based on replace¬
cost would likely far ex¬
an
ment
ceed it.
South Carolina
TENNESSEE
(State of)
TEXAS
.
'
:v>
>
.
the
event
councilmen
Garland, Texas
'
■
■
<v
Bond Description—The
School District,
-
'
Debt
Bond
Study Issued—The Equi¬
table Securities Corp., New York
water
and
fered
Nov.
were
awarded
Nashville, has just issued an
informative study of the State's
debt structure, which included a
schedule
showing
the
annual
bond principal requirements. Also
given is a detailed description of
the State's funded debt
as
of Oct,
Sale—The
system
2%.
$100,000
bonds
revenue.
23—v.
~
of¬
Merchants
the
«
.
156, p. 1820—
to
.
Bank of Cleveland.
Dated Oct. 1,
1942, and due $10,000 on Oct. 1
from 1945 to 1954 incl.
Callable
.
-
-
in
inverse
numerical
order
on
interest payment date.
any
.
the
i
■
$100,000
electric, water and sanitary sewer
Texas
'! ;.
Bonds Sold—An issue of $20,000 system bonds, purchased earlier in
the year by Jfames,
Stayart .&
building bondiL has been sold to.
the Texas State Bank'of Alice, as Davis, of Dallas, at par, as report¬
ed in these columns on June ,29,
2%s, at a price bf 100.25.
page .2413, were sold as follows:
..//•
Cisco, Texas
"/ $60,000 3s, due $1,000 on May; 1
Debt Readjustment • Completed from-1945 .to 1948
incl.; $2,000,
—Settlement of the outstanding 1949; $4,000, 1950; $7,000, 1951 to
indebtedness of, the city, which 1956 incl., and $8,000 in 1957; $40,reduced the total from $1,598,350 000 3% s, due $8,000 on
May jl»
to $726,525j • has been^ completed from 1958 to 1962 incl.
with
the
signing
by
Federal
Grand Prairie, Texas
>
Judge T. W. Davidson; of Dallas,
Alice!ride pendent
Cleveland, Tenn,/
«.
<
;■
r
'
1
«
\
*
1942,
and certain pertinent
LaFollette, Tenn.
J
facts respecting the character of
Bond Sale Details—The
$120,and the water company directors
the issues.
A limited supply of 000
3% electric system revenue
eventually succeed in reaching a
copies of the report are available series A refunding bonds sold to
figure which will be mutually ac- for distribution to dealers and in¬
Clark & Co. and C. H. Little .& of: the "final decree in the barikeeptable, in the opinion of the vestors.
Co., both of Nashville, jointly, as ruptcy proceedings, according to
councilmen, to the taxpayers, and
May Invest Surplus Funds In reported in v. 156, p. 1652, were news dispatches.
to the majority of the water com¬
War Bonds—A resolution provid¬ purchased by the,bankers at par,
All arrangements for the .'-ex¬
pany's stockholders, the deal will
ing for the investment of surplus are dated Dec, 1, 1942 and mature change of the old bonds on the
go through.
State funds in Federal War Bonds June 1, as follows: $19,000 in. 1956, agreed basis have been
made; with
The City Council would then
will be introduced at the 1943 $34,000 in 1957, $35,000;. in 1958 new : bonds in the hands of the
act to establish a water authority
session
of
the
South Carolina and $32,000' in 1959, optional op transfer., agencies ;in * Austin,: and
—a commission composed of five
Legislature by John D. Long, any interest -payment date .in in-- $5-522.55
representing ^interest
men whose terms in office would
Union County member-elect of verse numerical order on: or after. money on deposit at the American
expire one each year. This com¬
the House of Representatives. His Dec. 1, 1948,ata,premiumof5%, National Bank, at. Austin. These
mission would, in effect, be the
if redeemed on <or before Dec.; 1; two sums; provide for the payment
board of directors of the munici- plans for the introduction of such
legislation were revealed in a let¬ 1950; thereafter, - at • 13 % if re,— of r all. delinquent interest; on all
pally-owned water company with
ter
to "The
State," which was deemed on or before Dec. 1, 1952; bonds, provided that 100% of the
power to conduct its operations.
published by that newspaper (at thereafter, at i%:if redeemed on bonds - are presented. AIL bonds
No municipal election would be
not turned in for payment by
or before Dec. 1, ,1954; and there-,
Columbia) Nov. 17.
required to ratify council's action
"The problems arising from a after, at V2 of 1% if redeemed be¬ April 8, 1943, will be outlawed ac¬
in
establishing
the
municipal
surplus of public funds to be dis¬ fore maturity, ■ i.; r r/L'•'?
cording to the decree signed by
water authority, this because of
the Federal judge,' and the propor¬
bursed are usually disturbing to
the fact that the bonds which the
Nashville, Tenn,
- I
; •
tionate amounts; will be credited
say the least," Mr. Long writes.
Bond Sale—The issue of $250,-;
authority would issue to exchange
on
the1 interest
"And the quicker we arrive at a
already paid,
for the stock of the water com¬
000 street bonds offered Nov. 24
which will be returned to the city.
sane
solution
and
disposal of
—v. 156, p; 1565—was awarded to
pany would not pledge the city's
The
those problems, the sooner the
refunding issues include
a
credit, as is the case with a mu¬
group
composed
of
Lazard
General
Assembly
will
settle Freres &
$242,175 tax-supported bonds, se¬
nicipal bond issue. The only elec¬
Co., and C. F, Childs &
cured by 33%% of the city's tax
down to work and adjournment,"
tion necessary to ratify the sale
Co., both of New York,
and
he says.
collections, and $484,350 water
:
Thomas H. Temple Co. of Nash¬
would be that which the water
works revenue bonds, both bear¬
"We all agree," his letter con¬
company
directors
would
be
ville, as lVfes, at a price of 100.938,
tinues, "that winning the war is a basis of about 1.41 %, Dated ing 3% interest; compared to the
called
upon
to conduct among
5% rate the original bonds car¬
at present our first and chief con¬
water company stockholders.
May 15, 1942, and due on May 15
cern.
Every citizen, and particu¬ from 1944 to 1963 inci. Second ried.. About $400,000 of the. old
York and Lancaster Counties, Pa.
bonds are still outstanding, it is
larly the taxpayers, want to par¬
high bid of 100.928 for, i%s' was indicated.
Funds
Available
To
Retire
'
ticipate in the early and complete made by a
group composed of
Bridge Bonds—-The Wrightsville
Coincident with the settlement
accomplishment of that purpose. Harriman Ripley &
Co., Bear,
and
Columbia Inter-County All else should be subordinated
of; the refunding; interest pay¬
Stearns & Co., Illinois Co. of Chi-,
ments were made on $7,265.25 of
ridge accounts of York County until after it is well done.
" ;
cago, and the Cumberland Securi¬
contain a balance of $301,410.19,
water bonds maturing May and
"The second, in my opinion, ties
Corp. of Nashville; i;
r
as a result of the transfer of $10,j " Nov. 1, 1942, and $3,632.62 on taxshould be the wise conservation
Bonds Not Sold^-Tlhe $200,000
000 from\the bridge toll fund at
supported bonds' maturing on the
of State funds in order to retire
improvement, bonds were mot sold same dates.
a meeting of the Bridge Commis¬
outstanding interest bearing obli¬
due to a delay in WPA grant by
sion in the Administration Build¬
gations of the State without de¬
Collinsville independent School'
/ j *
ing at Wrightsville on Nov. 5. fault upon maturity, and to. pro¬ the Federal^Government v District (P. Q. Collinsville),
./
- ♦' >'< ,>:• j
Records in the office of County
vide the necessary revenue for
Tennessee: (State of)
.':*,. / ,V
' ■
,T:•'Taxa*'.*'.
V
Treasurer
Herman
E.
Lehman the
operating expenses of the
Bond Sale^-TJbe $369,00Q coupoh
Bond Sale Details-4The $17,900
show that there was a balance of
Government without excessive or ot
registered bonds offered -Noy.i 4% refunding' bonds : purchased
$244,447.16 in the regular bridge untimely taxation.
23—v, 156, p. 1731*-were awarded garlier in the year by* Garrett .&
account
and
$46,963.03 in the
"As
a
member-elect
of
the to the Union Planters National Co. of
Dallas, at par, as reported
Sinking Fund account as of Nov, House of
Representatives of the Bank & Trusted*, Memphis/at (a in-v. 156, 'pAl967f, maturO March l;
2. The condition of the treasuries General
Assembly of the. State price of par, :a. net interest cost, of as follows: $100 in 1945,; $200. in
will enable the County Commis¬
of South Carolina from Union about 1419%;,. as^follows: $250,000. 1946," $300 "in 1947 and
1948, $40,0
sioners to call for redemption of
County, it is my purpose to offer State Guard" bonds as viyzs- anll itr 1949"and" 1950, $500 In 1951;
the
$300,0Q0 remaining of the the attached, concurrent resolu¬
$119,000 State cohsblidated (fdr $600 In 1952 '4ridvl953, $700 Vih
original issue pf $1,400,000 bonds tion and work for the plan em¬
county reimbursement) bonds ■ as 1954, $800 in 1955 and 195$ $400
which are scheduled to be paid
bodied therein-at the coming ses¬ IV4S. Dated Dec. 1, 1942 and dUe in"
"1957, $700 in 1958 and., 1959,
on Feb. 'l, next, together with in¬
sion of! the -General Assembly.! on Dec. 1, 1950. Second high ;bijd
$900 rin' I960; ^OOO' in 1,961 to,
terest of $6,375 and other inci¬
If it should not be adopted in of 100.29 for 1 %s, - a net cost; ■ df.
1964, $1,500 in 1965 and 1966, and
dental expenses. * The Lancaster
the: whole, I hope it / may be in 1.462 %,
was
made by Lehmaln $2,500"in 1967;J
*
County Commissioners will take
-v..'; -vi
Bros, and R. S. Dickson & Co., ih
part."
similar
steps
and permit
the
^s'.. ; Dallas, Texas \v i ."r
Accompanying the communica¬ joint account Other bids-included
opening of the river span for tion was a
/; Reports $1,609,750 Debt Reduc¬
copy of the resolution, the following; Chemical Bank ?
public use by the State without as follows:
Trust Co., First National Bank of tion—Although it issued $893,000
toll charge at that time.
r
in; new bonds, the city- reduced its
"Resolved, That it is the sense Memphis, and Harvey Fisk &
of- the General Assembly of the Sons,
IV2s,
100.22;. Mercantile- ^bonded debt by $1,009,750 during
RHODE ISLAND
State of South Carolina that all Commerce Bank & Trust Co.; and the; fiscal year, which ended .last
Sept. 30, according' to the, report
surplus monies and funds of the associates, IV2S, 100.19; Stranahan,
Johnston, R. /.
State over and above the neces¬ Harris & Co.; Inc.,- and- others, of George H. Bird & Co., the
Bond Issue Sought—A renewed
IV2S, 100.18,:
r
!
sary operating expenses and obli¬
city's independent auditors.
Its
Able to Withstand Threatened
attempt will be made when the gations of Government should be
bonded debt at that date; stood at
Revenue Loss—The State of Ten¬
General Assembly reconvenes to invested in the United States of
$35,687,250, according to, the local
obtain passage of an act provid¬ America
by
the .«■■ purchase
of nessee is in a financial position to
threatened. losses
i
,.•/ .
pf press..
United States War Bonds with withstand
ing for a $100,000 bond issue to
normal revenue during the next
For ' several years the city has
the said surplus monies and funds
take care of the outstanding in¬
few years .without the imposition
been following a long-range "fiscal
in order to assist in achieving an of new
debtedness of the town, William
taxes, Governor Cooper,
early and complete victory for declared in a recent Statewide ra¬ plan which will enable it to wipe
J. Miley, Representative-elect, has
dio address.
;
.
~
+■:
j out Us bonded;debt in^the 1970.S
the United Nations over the Axis
declared.
Interrupting attendance at the and place Dallas ron a debt-free
in the Second World War.
"I assume that the Town Coun¬
Southern Governors'1 Conference,
basis. This plan will enable the
"Resolved Further, That it is to which he was
cil feels the same as I do about
playing host/to
city to ;spend:ibe^^ -$1,500,000 {nojv,
this matter," said Mr. Miley, "and the sense of the General Assem¬ make the only prepared ..address
bly that the proceeds of the War of his general election campaign used annually to pay interest for
as soon as they give me the word
for reelection to a third term, the needed
public improvements.
to go ahead I will introduce an Bonds upon maturity should be
In
Monday, November 30/* i942
-
1,
Bonds Approved—The State At¬
torney-General has approved the
following revenue- bond issues:
$115,000 water system ^and $20,000;
sewer system. Dated June 1, .1942
and
incl.
Milan
Interest J-D.
County
.
.
(P, 0,1 Cameron),
Texas L ""VV J /
rV
.
■'
due on June- L ,from -1944 to
1968
*
,
*
1
.Bond Sale Cdntract--The Com-
t
^
,
missioners Court has entered into
contract to sell an
a
issue of $60,-
000 3%% bridge funding bonds.
\ INocona, Texas
Maturity—The $13,000 4%.street
improvement, bonds refunded
through C. N. Burt & Co., Dallas,
as
previously reported in these
columns, mature April 1, as fol¬
lows:
$500 from 1943 to 1958,
incl.; $1,000 in 1959 and $2,000 in
■
.
.
1960 and 1961.
,
}
Nocona, Texas
'
;
Bond Issue Details—The
$13,000
improvement
bonds handled by C. N, Burt &
Co. of Dallas, as reported in v.
1$6,
p. .1566,
bear 4% interest, are
dated Aug. 1, 1942, and carry ap¬
proving legal opinion of W. P.
.
refunding
street
Dumas of Dallas.
.
Pasadena, Texas
'• ■
Bonds Approved —An issue of
.
$12,000 3%% public service re-,
funding bonds has been approved
by • the
'
..
.
.
.
Governor said the State now has
act
out
wipe
we
this
getting
operate
bond
successful
issue
outstanding debts
and
Just
now
our
credit
is
we
mean
est
bearing
State
such
as
of
we
cannot
for the
town government.
had the bond issue it would
a
saving in
money
terials."
and
ma¬
purpose
or
or,
for
the next biennium, and over- $2,-
purposes
»
School District,'Texas "
- \ V
Refunding Details Completed/Report is received of the com¬
pletion of -the
enue
"If
,
charges.
issue
our
gasoline
decline
50%,"^ he
of $125,-
in
new
even
said,
still meet .the
.
tax
so
$1,009,750.
Free port,
revenues
much
"Tennessee
payment of
as
can
every
bonds, the net reduction
Bonds
753
Sold—An issue
permanent
improve¬
refunding: bonds
has been
3%%
ment
$16,-
■
maturing bond and all interest to sold to the Ranson-Davidson Co.
has
become
Robinson-Hum¬
1944-45
been sold
phrey
M-N.
Co.
to the
of
Atlanta.
Interest
bonds will- be *
on
said;
E. Kelly Brown of
5%^and
%
,
were
•
Feb; 1
Original
6%; it,was
rates,
■
'v
Dallas; is'
said to; have
effected the agree1 'f;.
after' a /number of other
ment,
.
dealers had been unsuccessful
in
their. attempts to obtain consent
of the bondholders to" a readjust¬
of
ment
the
indebtedness;
v
" The
v p
program, in addition to providing
large
a
saving
in bond
interest:
-
charges, wilT also permit the dis-:
.trict to place its bond principal
and interest payments on a cur¬
rent basis, according to press re-
•
*
ports, which also give the follow¬
ing additional information:
/ ' V
A
.
breakdown
of
the
district's
'
:
debts.shows the following:
'
6%1 school house bonds dated
1924, original amount $65,000; now
■"
t
due
*
$49,000.
6%
school
<
•
house
bonds,* dated
1924, original amount $15,000; now
•
due
$4,000.
-
/
r
5% refunding bonds dated July,
1
1933, original amount $282,000;
outstanding $276,000.
Past
now
due
interest
1933
on
bqnds, $13,650.
balance
Dec.
due
during
1942-43
and still have
in
the
an
sinking
31, 1945, with
unused
fund
no new
and
on
of San
Antonio, at a price of par.
Dated
Sept.
Sept.
1
1, 1942
and due on
from 1953 to
taxes." Interest M-S.
now
Outstanding
.
of
provement
bonds
new
refunding
!
/
outstanding $13,000;
interest
on
these
bonds, $637.50.
Texas
000 2V2% street and sidewalk im¬
refunding
The
.
33/4S and 4s and mature
from 1943 to 1,1972 incL
$13,500;
fund.
should
Spartanburg, S. C.
in
was
such
ent."
the
program, for
refunding of $356,000 of outstand-;' ;"
ing bonded indebtedness providing '
ior ,a.saving of $100,OOO in,interest V
During the last year, the city
5%. interest refunding
bonds
retired $1,902,750 jn old bond is¬
dated July 1,-1933, original amount
sues.
But since it* issued $893,0Q0
500,000 surplus in the general rev¬
the General Assembly at
Sale—An
sinking
its
fund to meet bonds falling due
time may deem wise and expedi¬
Bond
in
$14,500,000
the
Carolina,
'
;
.
over
of
obligations
South
other
good, because of the large
to the best places to buy ma¬
terials
If
basis.
standing will be im¬
outstanding debt, and
go
in
can
on a pay-as-you-go
proved.
so
are
we
"Our credit
not
used to retire outstanding inter¬
providing for the bond issue.
"I feel if
General.
and due $4,1962 to: 1964
;.
«
.
Attorney
Pharr+San Juan-Alamo independent,
'
.
State
Dated Sept. 15, 1942,
000 on April 10 from
incl. Interest A-O.
Total outstanding bonds and in¬
terest
as
of Aug.
31, 1942, $356,-
287.50.
.
.
.The refunding issue was for an
even
$356,000.
The
new
maturity schedule for the
issue
will.be
a
payment
on
1957 incl. principal annually and payments
on
interest semi-annually.
First
1
Volume
156
Number. 4129
THE COMMERCIAL & FINANCIAL
CHRONICLE
1913
payment is Feb. 1, 1943, when $7,000 in principal will be due and
same
period
a year
$7,315 in interest will be due. An¬
to
report
of-the
other payment on coupons will be
Votecl-r-An issue of $75,:
the years J940 and
^1941.
000 public hospital bonds was
Expenditures for the period also
ap¬
City officials expressed gratifi¬
proved by thd voters at the Nov. 3
climbed from $17,190,144 a year cation over
the results of the ex¬
election. '
ago to $23,002,603 this year, but perts'
comprehensive examination
of
this
amount
$4,022,063- was of the light department's financial
LaCrosse, IVis.
•'
transferred to the sinking fund
operations, declaring it shows the
Flans Bond Issue;—The
for investment.
:
city, is.,
; z, ;
;
utility to -be in a healthy condi¬
contemplating
the
issuance
ofNot
all
Alcoholic
Beverage tion,' with its position
growing $50,000 storn>„ sewer construction'
due
31, 1943, and on each
and Aug. 31 thereafter un¬
1972.
'
Interest and principal payments
will
$22,000 "yearly, with
decreasing scale and
an increasing scale.
average
interest
on
a
Control
Sudan, Texas
Bonds Sold—The $45,000 3%%
and
4%
refunding : bonds
ap¬
proved; by, the State Attorney-
the
$3,000,000,
over
-
Oct.
on
C.
to
Lubbock,
19
have
figures
in¬
are
i
It
Woolsey & Co. of
and W. N.-Edwards &
Burlington,
Sale
Dated
Vt.
The
I
,
58%
\
•
noted also that last
Town
of
Issue
water
Denom.
co.
any
is 'considering
bonds,
to
and
be
sewer:
dated
Sold—Scott, Horner
Lynchburg
during
date
on
and
a
common
called
I.
G.
on
year.
with
countants and
sold
-
interest
and
meet
to
North
Ohio
under
possible losses from
debs,
'
:
30
& Fibre Co.—i-
at".the
9
the
.*
being the.
5
due
5
1
denomination.
be
of
paid
interest
:
Co.;
Canada, in the Dominion
Canada, or at the > Bank of
Trust
York City.
21
Name of
1868
:u_Dec
1
1692
American, Bank NotesCo.,
1
1778
:
5 %. bonds, dated
American
1
General
Service
15
lien
ref.
&
15
Co.,
1st mtge.
5s,
due
1869
;
,
13
1869
1950—Dec
1
1
Avenue RR„- 1st
1688
1
Great
1
.
which
1689
Home
Telephone & Telegraph Co.—
6% gold bonds, series A, due July 2, 1943__Jan
International Paper Co. 1st & ref.
mtge. 5s, ser. A & B, "
1st mtge.
due
1947
Jefferson
Z
&
Clearfield
Coal
1st
Dec
—
mtge'.
Marshall
Field
&
Co.,
1st* mtge.
Mayaguez Lgt., Pwr. & Ice Co.
Midi RR.
3.6%
1st mtge.
4%
Corp. of N. Y.
due
B,
1946
collat.
trust
York, Chi.
New- Yerk
due
1958
1690
1
1691
mtge.
bonds, series
_.^Dec
& St. Louis RR., 6%
prior
—Dec
bonds,
secies
1691
..1777
.A—
_Jan
1
A,
(2288
1868
-
__Jan
1
1611
Dec
1
1242
.
Adams
(j.
Najntot Comvanv
D.)
MffT,
Eall Bearing
Co.
Akron
Brass*
Mfg. ^ Co.——
yp'-
1871
American
Anipco Metal. 6%, pref erred
Southern
a
1871
1
f
5
Sl34
12-10
11-30
S3 A
12-10
11Z301
12-15
12-10
,1
1615
——
500
12-26
12-
4'
12-26
12-
4
37V2C
12-26
11-28'
_
75c
1 quar.)____■
&
Anglo-Huronian,
1872
1
11-io:
12-21
12-
8,
Ltd.
25c
(interim)^—-
12-11!
12-
iioc
,
1-22
Coast Line
8
12-
11-30
12-15
f 50c
•"
1-
12-15
siy2
(year-end)4.
8
12-15
35o
,
&
12-21
12-18
12 y2c-
Atchison.Topeka St Santa Fe, common.—-—
', 5A non-cumulative preferred ts-a)_—__
..1616
12-10
1
25c
6A preferred js-a),
Associated Breweries of Canada
« '
2
12-
$1
Cable_—r___—____—
Constable' (qpar.)_——_~—_
Arkansas.-Missouri Power com. (year-end)
.1872
11-20
1-
30c
•
—
; v.
12-15
$1V2
-ts-a)-_.
Arnold
1615
18
1
Wire
8
,
Anaconda Copper Mining *(year-end
12-31
5:
11-30
■
12-lOZ
$1V2
2
1-29
$2V2
.
32-
1
12-31'
1-
1
RR.—
(s-a,)
$2 A
12-11'
Corp..——_v_*_r_—________
10c
12-21
12-
1
50c
12-22
12-
%
15c
12-21
11-30
second table
7C
20c
12-
20C
12-15
'$$2
1-15
Beneficial Loan
Benton
rec¬
Society
(quar.)—
Harbor Malleable Indus.-
Berghoff, Brewing
.
Corp.
.
6A
Black
preferred
&
com.
(quar.)
Power
Holdera
Payable
.
Borden
of Rep.
Boston'
Co.
(Sidney) & Co: 7%
Wharf Co.
12-28
12-14
Bourjois, Inc.
-12-15
12-5
Bower
11-20
12-10
12-15
12-
12-10
11-28
1-
2
11-28
5
12-19
12-21
12-
26,/4C
12-
1
11-20
$ 1 Va
12-
1
11-20
12-
1
11-25
40c
—
•
8
ts-a)
$3
12-
2
pfd; (accum.)
$14
12-11
12-
4
50c
12-19
12-
5
$1V4
12-31
75c
12-15
12-
5
50c
32-19
12-
8
1
10c
(final)————
35C
5
12-23
25c
75c
&
1
11-20
12-
35C
—.u_;
Light com. (irregular).
preferred '.(quar.)—-—.—
5"a
12-
1
25c
_
—
(initial)
Decker Mfg. Co. iquar.)
Black Hills
t
(year-end)
(year-end)—:
Bessemer. Limestone & Cement
IOC
—
Blackstone Valley Gas & Elec. 6A pfd.
Co. r(year-end)_—•—
When
12-19
—
Blaw.-Knox
,
12-10
12-30
Basic Refractories, Inc. 1 year-end >____—_
Bell Telephone of Canada-(quar.)________—
in
Blumenthal
,
12-10'
12-21
$1
iquar.)—
Barlow & Seelig Mfg. (year-end)—
12-23
50c
Balfour Building"vtc.
20c
-
(year-end)
—_i
(year-end)——-—-.
12-23
-
12-
1
-
(quar.)
J$l3/4
1-
12'/2c
—
12 V'3c
RR.
(ordinary)_r
6%
participating
preferred
1—
Alabama, Power $6 preferred (quar.)
S?; preferred (quar.)—
——:—A"_—
Allen Industries,' Inc.
(year-end)—
-
1-
$134
Tobaccq, 6% preferred
5A preferred
Atlantic "Rayon
ihare
.
a.
Great
12-
1-15
12 Ac
ts-ai
(year-end)
1695
.,
our
Mfg.
-Extra
Alabama
;
12-
12-15
30c
American Stamping' Co. (year-end)____
American Sumatra .Tobacco (irregular)—2"
previously announced, but
(quar.)___
(year-end)
•Agnew-Surpass Shoe Stores 7% pfd,
:j
.
,deb., due 1950——Dec" 30
lien
Niagara Falls Power Co., 1st & ref. 3.:/2S of 1936—.:
31'
12
Seal-Kap,, (Del.)
Atlanta Birmingham
Per
'Aetn^
Co.,
class A
12-15
'$l3i
'•;) 7'A preferred Iquar.)..——
..1157
The dividends; announced this week are:
1690
1
in
12-30
.Co—___________
Aviation Corp. (Del.); iyear-end)w__—.
Av'ondale. Mills 1 monthly.) a~—•Badger Paper Mills.'
Z—___—
follow with
name
9
1-15
25c
Smelting A; Refining—;
Common (year-end)
"General Corporation
and Investment News Department" in the week when
declared.
1776
1
we
1)
12-
12-22
.
25c
American
1690
6V2S due 1953-Jan
I960—
Dec
,
12-
tSee Volume 155.
show the dividends
we
under the- company
.,1865
',1609
1
——
Railways Corp.,
Z
—_Z
1
$1 3'4
.
11-30
given
,1690
,
27
National. Steel Corp,,.2%%. notes, due 1949—.
Newport. News & Hampton Ry., Gas & Electric
'1st «fe ref. mtge. 5s; due 1944—
;
New
2
1
Then
5
1780
which have not yet been paid.; Further; details and
ord of past dividend payments in many cases are
514
bonds——Dec
20-yr.
bonds, foreign series, due
Mississippi River Pwr. Co; 1st mtge.'5s, due 1951—Jan
Mortbon
2
&
Iron Co. Indiana
County
5% bonds, due 1950—:
_-Jan
Lincoln Mortgage Co., 5% income
deben., due 1.948
Dec
Louisville & Nashville RR.y unified
mtge. 4s, due 1960—Jan
s
weekA
1
1212-
12-21
Dividends arejgrouped in two separate tables,; In the
we bring together all the dividends
announced the
current
12-
12-15
32-19
'
12-15
first
1864
.
12-17*
10c
DIVIDENDS
;
gy; gen. mtge. 4(fo conv. bonds,, series.
;
G and H, due July 1, 1946——A——
Dec
8
Gulf"States Steel Co.,. 1st (closed)
mtge. sf 4J/2 % bonds,
due 1961—
1_
—"
1,
."
pec 23
Hartford Times, Inc.* 10-yr. serial
debs., due 1950-——Dec
1
'
2
75c
Co..
..
1774
1-
12-21
25C
States
160/
12-10
50c
^*_
News
Anaconda
1689
1
1
Amer'icari Safety Razor (year-end)
1047
1
1-
$1
Autocar
Northern
12-10
American
1862
1.
1
1
$134
Andes Copper Mining.
.♦Announcements in-this "issue.
4*
12-
1-
75c
.
'
preferred (quar.)___i-^__—
1871
West Ohio Gas Co., 1st mtge. 5s, due" 1958—Jan
West Virginia Pulp & Paper Co., 1st mtge. 3s,, due. 1954_Dec
12-
12-21
10c
Products, -common———„
1615
6%. debentures, due 1948—Dec
of Rec.
12-19
75c
.
A—_
common
—
1
Inc.,
Payable
1694
.,
mtge,' bonds, due 1950_Jan
bonds, due 1952
Jan
deben., due 1956—^_Dec
General Shoe Corp., 15-,year 3V4%
deben., due 1956
Dec
Graton & Knight Co., 1st
mtge. 4%% bonds, due 1951-Dec
(year-end)c—
-
Co.,
1
Bros/Pictures,
Holders
SI12
•
Z_^.
July 1, .1887——Dec
Warner
»
When
1613
:
Steel Corp.t serial debentures, due 1944.
'"A"'
1946,A947, 1948 and 1951—.Dec 31
Walworth Co., 20-yr. 6% debentures, due
1955u__—^^..Apr
1
.
of
payment
share
(quar;)———
American Public Welfare Trust
1945,
Edison Co., 1st mtge.
3'/as, ser. I, due
r—A—A__—A_— _Dec.'30^-'
Ponp. Ry. & Lighting Co. "1st & ref, 4 V2S, due 1951—Jan v
V
1688
Consolidated Oil Corp., 15-year conv. 3V2s, due 1951
JDec
1
1604
Continental Steel. Corp., preferred
stock——A—Jan
1
1771
Cuban American Sugar Co., 5Va % &
7% preferred stock-
Corp.
(Bi-monthly)
American Public ;Service 7%
preferred-——
7','npreferred ;(accumulated)——k—-
1613
mtge. 5s dated,
7%
American
161-2
deben., due 1949__i_Dec
Dye
%.'■/ Year-end
•:
^Z^*—Jan.
Electric
for
ac¬
Funds
interest coupons on the issue.
(quai;.)___*___
American Maize
^_Z—___-Dec
Co. Ast
provided
were
reports.
Coal
'■V Year-end
1332
1612
.
New
debentures,
press
7% preferred iquar.i
po., bf Alleghany County—
.Z_—Z_'
American Hawaiian
SS__—
—A—
American Ice.Co.; 6'>v non-cum. pfd.
(irreg.)
American. Locomotive, 7% preferred
(accum.),:
27
debentures, due 1952—Dec
consol. mtge.-. 3%-6%
2039__———
6(k preferred
American Can
Nov
I960———.Jan,
1869
Water
in
'
Cement
due
capital
Company
&
A,
city with
Montreal
Per
Portland
5 %}. bonds',:series
>.
1, 1942, maturity of $3,000,000 5%
cording to
1,. 1938, at the rate
Chemical
bonds,; series
of
Page
k
1968
gen: & ref,
the
The Treasurer will also pay in¬
terest due orn debentures which
Date
deposited by the
Bank
Company," New working
-;
matured June
—
2% in 1937.
of- York in connection with the Novr
Allied
United
1603
the
Imperial Bank
Alpha
due
to
Maturity Defaulted—No funds
.
were
of such payment of interest at
1692
1st mtge. bonds,
4
re¬
the
on
QUEBEC
presentation
1692
Third
Commonwealth
Tramway'Corp.,
oil
of
Co., 3% %: debentures, due 1954—Dec
preferred stock—.——j__——Dec
payments
Montreal, Que.
will
Toledo Edison Co.,: 3 J/a% debentures, due 1960———-Dec
United Gas & Electric Corp., .7%' pref. stock-Z,.:—Dec
,
Eastern Car Co.,.Ltd., 1st mtge. 6%
Fairbanks, Morse & Co. 20-yr. 4%
Holders
'
any branch of the
over
inter¬
Government
interest
bonds from
debentures for notation there¬
on
Half the
Alberta
duced
-
000
A"-Z'.
4%
paid half*
these bonds, he added,.
on
The
will
1937, in respect of the
half-year ending Dec. 1, 1942, be¬
ing the sum of $11.25 for each.$l,-
sur¬
$127,252
at
1,
.
I
De'nver
Interest
at the rate of 2V4%
debentures
which
matured
oh
transferred.
so
X
the Alberta
est will continue to be
be paid
June
un¬
-
£11,077 ($53,908)
has been defaulted by
Government.
of $15 for each- $1,-
also
of
St.Z.Vojtiechus Congregation, 1st ref. mtge. & collat.
"sinking, fund bonds, dated_1936———-Z.
A—Dec
1
Salmon River Power Co., l,st mtge. 5% bonds, due 1952^Feb- 1
Scoville Mfg. Co., 10-yr. ZW'jo debentures, due 1950_i___Dec 12
Seaboard Air Line
Ry.-Seaboard-All Florida Ry., 1st
f mtge..6%.rbonds; series A and series
-Dec 31
Sisters of St. "Joseph, Alberta, 1st 6s, due 1937-1948—Jan
2
South Penn * Oil Co:, capital stock--——-A—
Nov 30
Staley. (A. E;i Mfg. Co.,: 7% pref. st0ck-._-ui._4,—^._Jan
1
Studebaker Corp;,;. 10-yr. cony, 6%
debs.> due: J945—Dec 15
Studebaker Corp.-, 10-yr. conv. 6% debs., due, 1945—_^Jan
2
1687
Feb.; 1, 194$—
i—ill——L———Dec 30
13/4 A equipment trust certificates, due Feb. 15, 1943_Dec 30
2% equipment trust
certificates, due March 1, 1943—Dec 30
Chicago & Southern Air Lines, Inc., preference stock—Jan
1
Cincinnati Gas & Electric Co.,
1st'mtge. 3 "/as, due 1967_Dec
1
Colon Development Co., Ltd.; 6% red. conv. pref..stock-Dec
1;
sum
1
Portland
■
G-2,
'
to
r
,
payable in London Nov.
j
;
3%,; in respect of
denomination.
$261,058 of net
increase of
an
1940 amount
Pittsburgh-Suburban
1687
5
—
12, 1943.
000
Manhattan
transferred
■
Philadelphia "Transportation..Co..
;
.
.
plus.
was.
un¬
Alberta (Province of)
Defaults Oil London Maturity:—
13,.
half-year, ending Dec. 1, 1942,
yearly
Phelps Dodge Corp.,: conv..3V2%
1738
"
remaining
income
$207,743 for
employment relief.
1, 1941, previous issues.
of
rate
.
'1738
:• *.
Nov.
15
'mtge.
tal payments and
was
A spokesman said this
maturity
Provincial Treasurer S. E. Low
was
defaulted because the Govt
will pay interest to holders of. de¬
ernment could not redeem one is¬
bentures of the Province of
Al-^ sue when it had defaulted on
berta which matured Dec.
1.;
supplies....
Publfc Setvice Co; of Colorado, 4%
9
and due Feb.
Pennsylvania :RR,-Pennsylvania Co, 40-year guaranteed
Z,
<•' *8% '/o gold trust:certificates, Series.D, due :1944_s__^^_Nov. 30
;
1857
AIAAA'A—IDec
stock
:
Pafkview Realty Co.,
1856
Dec
i__
The
Parkstone Apartment Co., sinking fund
:i 1938 A_Z——Z__i
:
due
ti———A-—„_ANov
Dated
:
$14,247,-
average
1964_Dec
.
1
an
Paris-Orleans.RR., 6% bonds^foreign series, due 1956^-Dec
Page
ZZ'.-a:
at
-
Ohio:Water Service Co., 1st mtge, 4%• bonds, due
Ottawa Valley Power ;Co., „lst mtge, 4s, due 1964
:
Date
issue
Alberta (Province of)
V
Notice of »Interest Payment—
American
Oil
12
re¬
Provincial
440, down $430,709 from the sam6
period in 1941.
Expenditures in¬
cluded
$10,503,475 for ordinary
services, $905,294 for net capi¬
Bond maturity of
reve¬
amortization
position
by
30, 1942, compared with k
surplus of $2,367,688 for the cor*
responding period a year ago.
The report showed cash
receipts
-
operating
19
Sept.
pay¬
total of
!
Sold—An
ALBERTA
bond discount paid and $2,083,877
Company and Issue-—
10-year 5% notes, due 1945___Dec 15
; 1146
5A conv. deb. due t944_Dec
i ' >.1413
bonds, due 1956—Dec
9
1738
stock.
Nov-.
on
1942
totals the report deducts $1,741,485
—
for
a
-
(Dominion of)
Bills
yield of 0.525%.
$3,780,726 total in
a
called
$45,000,000 Treasury bills
-
auditors, filed with the
bonds, notes,
redemption,
fund provisions.
4% A sinking fund debentures (1938 issue)—
Dec
Z 4% A sinking fund debentures,, due 1950A—l——_Dec
Chesapeake & Ohio Ry.—^
?
•*
'I.".
Z:.
\ Ref. & Improve, mtge. 9.60% bonds, series
;
with
rials. and
Bendix Home. Appliances, Inc;,
Common
■*
v.^..
list of corporate
stocks called for
——————
thampion. Paper
compares
revealed
was
Belvidere Hotel Corp., gen. mtge./S.A
I Preferred
net
a
1940.
yesterday
when Barrow,
WadO, Guthrie and
Company, a national firm of ac¬
Chemical .-Corp. - 5Vz A :• conv.
■_
of
for
Company and Issue—V
1949
Canada
increase
an
1940.
oyer
City
have
financial
Nov.
Treasurer Solon Low showed an
over-all cash surplus of
$2,630,927
the six months period ended
'
Dec,
on
Treasury
total of $4,316,852 on Dec. ,31,
for
American, British. ^.Continental Corp. 5% gold deben-Z
; tures, dated
1928-_A.-A-.--At~----ZlZ___Z__,Z_Z_.___Feb
American
-
System
sinking
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."
Atlantic Coast Line RR.
of Canada.
from ordinary sources of
,
^.
Power
Alberta's
CANADA
tion, this figure being brought to
$4,386,421 total by $69,568 of in¬
come other than operating, which
or;afterz2
Redemption Calls and Sinking Fund:
Z4zzz:ki',i4 Notices
Below will be found
Imperial Bank of Canada,
the Dominion
Province Reports Increased Sur¬
plus — An interim statement on
*
a
on
Seattle, Wash.And
This
total
compared
in
Council is* for
1,. 1942,
$21,000 water bonds.
194l,\beforeYnterest and deprecia¬
Re¬
ous
revenues
Virginia's
first two months
of the current fiscal
year climbed
to $20,443,511, as
those
This left
ating expenses, interest, amortiza¬
tion of bond discouilt and
"depre¬
revenues for the
preferred
including
ment
collectible accounts and the na¬
Disbursements ciation during the year 1941, a gain tional: emergency and for depre¬
of $427,252 over that of the
a spectacular
previ¬ ciation and obsolescence of mate¬
liquor
August,
reported to
ex¬
depreciation, producing the net
gencer" reported as follows;
:
income figure of $561,058.
Seattle's
municipal light and:
In line with" "its new policy, the
power system had a net income
deparment .set aside $300,000 out
of $561,058 over .and above
.oper¬ of net:income into a reserve fund
refunding
issue of $87,000
by
in
be presented for
payment of interest at any branch
of the
A
*$314,01.6
nue
sue
Virginia (State of)
increase
half-year ending Dec. 1, 1942. De¬
leased
RaWlins, Wyo.
impartiality
totaling $2,679,001,
ports $561,058 Profits—A recent is¬
of the Seattle z*Tost> Intelli¬
&
recently
authorized for the purpose of re¬
financing the town's outstanding
indebtedness, y
}
1 Z
\ ; '
Higher—Paced
for the half-year
ending
1, 1942, and interest due on
bentures should
;•
Bond Call—The
was
of
revenue
:
Light
$70,000
And
2%>
debentures which matured June
1;
1939, at the rate of 2*4% for the
WYOMING
,
From this $4,386,421 net income
Altavista, Va.
Revenues
outside
and
.
as
:an
inch, and callable
interest
-
an
■
pointed out
report" may' have beneficial
May 1, 1942.
May 1 from
$1,000. Due
1943 to 1953
years.
bonds, part of
correctness
.
VIRGINIA
66%
wante.d
Incidentally, it
Considered-^ The
Council
Dec, 1 from 1943 to 1947 inch
Second high bid of 100.324 for Is
made by Baum, Bernheimer
purchased
bonds.
...
would be recognized.
providing- for an issue
$40,000 not to exceed 3% inter¬
est
was
of
its.
,
year's
ordinance
on
,*
...
perts to conduct the survey so that
10% tax
a
removed
was
Bond
at
100.399, a basis of about 0.87%.
Dated Dec. 1, 1942, and due $5,000
'
...
•
$25,000 city
hall refunding bonds offered Nov.
24^—v. 156, p. 1732—were awarded
to Tyler & Co. of
Boston, as Is,
Bonds
Dec.
Wis. :
Bonds
July 1%
•
the
,'i Gasoline tax collections
dropped effects inzthe sale of
City Light
from $4,077,485 last, year: to
$3,4 bonds for-the Ross Dam and other
152,370 during the past'July and
Skagit project additions.
1
1
August, and motor vehicle licenses
The report credits City Light
fell from $415,800 to'
$232,182. .• * with
gross operating revenues of
■.■■■.
f ••• •
$6,995,853 in 1941, a gain of $854,.**.■WASHINGTON
j .505 over the previous year, and its
operating -expenses were reported
Poulsboro, Wash.. r
VERMONT
Bond
of
Hudson,
.
increase' of
an
July, 1941.
was
that
R.
Worth, jointly.
1, 1942.
Mason
stronger.
report,
during
liquor figures included
been
Co. of Fort
Oct.
in
.
'
General
WISCONSIN
but liquor
The survey was ordered
by the
sales
August council at; Supt. E. R. Hoffman's
amounted
to
$3,551,193; an inr trequest and was paid for
by an
crease of
$1,412,347 over the $2,- .appropriation of
$7,000 from the
138,846 sold during last August.'
light- department's funds.
Hoff¬
Liquor sales in July exceeded man ; said he
• in
order to repay
these bonds when they come due.
sold
Board
cluded
store
sinking fund
■»
the
City Council a report of their
according audit covering City Light's books,
Comp¬ accounts, and, general finances for
State
;
,
special
a
during
ago,
•
the
.
principal on
; One of the features of the re¬
funding issue is that $100,000 of
the $356,000 is not due until 1972.
The -district has set aside
a
revenues
troller.
Aug.
Feb. 1
til
$16,587,265
2
.
12-15
12-14
*
1212-
$4.50
12-24
12-
5
$4.50
-
Bow-Bilt- Bondholders
4
Co.-(^ear-end)_
class
A
12-10
12-
25c
12-31
12-16
$l3/a
12-31
12-16
$l'/4
(accum.)
4
12-14
Roller Bearing
12-24
12-
Bridgeport- Brass Co., common..;
5 A7o -convertible ^preferred (quar.)_:
r -
5
Brompton Pulp & Paper, .Ltd.
(quar.)——-
+
"
$1V2
1-
2
12-11
$1%
1-
2
12-11
25C
■
1-15
f50c
-12-21
IOC
12-15
1-
2
12-10
*
75c
'
12-10
12-
4
Bucyrus-Erife Co.'
1
7%
preferred
common-
(quar.)
(year-end)—Z—
$13'4
1-
2
11-30
12-15
'
THE COMMERCIAL & FINANCIAL CHRONICLE
1914
Per
When
Payable
12-1*
(year-end)
50o.
Bunte Brothers 5% preferred (quar.)—$l'/4
California Ice & Cold Storage Co.—
Budd Wheel Co.
Power
Northern
10-10
11-30
Gair
12-12
12-
t$l(4
$15c
12-21
11-30
1-25
12-19
1-15
12-19
common
Canadian Canners,
(quar.)—$12 (4c
1*
(quar.)
$25c
*5c
1-
115c
15c
*$1
Participating
—
...
60c non-cumulative conv.
preferred (quar.)
Participating
6%
(quar.)...
Co., Ltd. com.
Cottons
Canadian
Canadian General Electric,
preferred (quar.)
1—
Catalin Corp. of America (year-end)
Catelli Food Products, Ltd., 5% pfd; (s-a)_Central Cold Storage common (quar.)
Extra
■
I-—.———i.--.--—-
—
Belt
Chain
6%
Transit
;
.........
Burl.
■Extra 1
Chicago & Southern Air Lines com.
convertible preference
7%
Chicago
Towel Co.
$7 preferred
-
common
(extra)
Chilton Co.
...
11-12
12- 4
preferred (quar.)—
——-I.~.
% preferred (quar.)—:
__
--(quar.)
—
—
5% preferred (quar.)——.....
—City Auto. Stamping (quar.)—
r_r——
City & Suburban- Homes (s-a) ——1Clearing Machine Corp. (quar.)————
Cleveland Electric Illuminating, common^.-5
7
12-
7
■
11-30
12-10
12-10
11-30
12-15
11-30
11-25
12- 4
11-20
12-1
12-15
1- 2
12-
12-15
12-
7
1-2
12- 1
8-16
12-10
12-21
12-
1
12-15
12-29.
12-3
12-19
12- 3
1-1
12-1.
:
12-11
12-11
.
1
.12- 8
12-2B
1-1
12-10*
1-
12-
12-21
12-
12-11
Iowa
12-31
1-15
2
12-11
1- 2
12-11
Jamaica
12-
Co.,
Corp.
Duke Power Co.,
•
7%
common
Bradstreet,
$6
preferred
12-14
12-15
11-30
Oklahoma & Gulf Ry. Co.—
preferred A (s-a)———————
6% .preferred B '(s-a)—,—
.11-25
11-20
6%
11-25
(Pgh.)
Dw'ight Mfg: Co.—
East Mahoney RR. (s-a)
Duquense Brewing
Eastern
6%
11-30
12-23
12-14
12-28
12-10*
12-10
12-1
12-10
12- 1
1-
2
12-15
1-
2
12-15
11-28
12-22
12- 5
2
12-15
Lava
12-10
11-28
2
12-21
Lehigh Coal & Navigation—.—.
Lehn & Fink Products (quar.)——
1-
1-
Semi-annual
Extra
^75c
11-28
$1(4
12-15
$1(4
$1(4
$1%
12-15
12-13
12-21
12- 4
12-10
Lone
25c
12- 7
11-28
Lorillard
12-15
Mackinnie Oil
12-
MacKinnon
Oil Works—
•11-23
——
(Texas) —
preferred
(quar.)
Battery
Electrographic Corp., 7% preferred (quar;).
Empire Capital Corp., class A (quar.)—„—
70c preferred series A (quar.)
Essex
Company
:
(year-end)—:
Falstaff Brewing (extra)
Federal Drop Forge Co. (irregular)
Motor
Mining Si Smelting—,
Fenton-
United
Cleaning.&
(quar.).
Stock & Bond
30c
15c
25c
10c
$1
50c
12-15
■
,
-
.
(year-end).
preferred (quar.)—
(quar.)
First Realty - (Seattle)
(year-end)
■'
Fitzsimmons Stores, 5% class A (quar.)
5% non-cumulative partic. class B (quar.)
Wheeler Corp.,
$7 preferred
preferred (accumulated)
6% prior preferred (quar.)
6% prior preferred (quar.),
6% prior, preferred (quar.)
6% prior preferred (quar.)
$7
—
J—
$1(4
$1(4
10c
11-27
11-17
$1%
$7
37(4c.
37(4c
37(4c
37(4c
12-5
.
12-7
12-19
.
12-5
12-2L
Year-end
Co. common
12-21
12-2
12- 4
6%
11-21
1
11-21
8%
12-10
8%
Electric Ry.
12-
4
15c
12-10
11-27
12-15
12-
12-5
12-14
11-30
75c
12-23
12-11
12-23
12-11
12-18
12-
San
1-2
12-10
12-22
12-10,
12-22
12-10*
12-18
"2c
12-14
11-30
$1(4
12-15
11-30
10c
50c
25c
12-23
12-14
11-30
,.$1(4
$1
12-14
11-30
•
1
12-11
50c
12-26
15c
35c
.,'12-31
$1%
12-31
12-15
12-31
12-15
1-1
12-15
15c
12t21
12-19
12-
..."
1
11-20
12-
10c
37(4c
$50c
■'' $20C
...
1
11-20
1-2
12-10
12-10
1- 2
12-15
ioc
.■
...
2
50c
(quar.)
1- 2
1-
25c
...
25c
•
12-15
12-
8
11-27
1-
25c
11-25
12-
r
5
1
12-15
" 5c
12-28
12-15
$1(4
1-1
12-15
...
1-15
$1
J4c
50c
12-21
1-
12-21
12-
1
1
12-10
50c
12-23
12-12
$1(4
$1(4
37 (4c
$1(4
(accumulated)...*.....
12-22
,
12-2
12-
1
11-25
1-
2
12-21
12-24
12-19
50c
7
-
12-24
12-14
50c
12-24
: $1%
1-2
$1%
$1
$1(4
5c
10c
12-15
12-
4
12-24
12-
1
2-27
2-
1
25c
r
,
12-14
12-21
12-15
12-5
12-15
12- 5
1-2
12-19
5-1-43 4- 20-43
$2(4
$2(4 11-1-43 10- 20-43
1-14
50c
12-24
2
12-10
1-
25c
$1(4
i- 2
12-10
5c
12-20
12-10
2c'
12-20
12-10
—'
15c
12-22
12-1
25c
12-15
12-
50c
12-21
11-30
1-
2
12-10
$1 (4
12-
5
11-24
$1(4
$1
12-
5
11-24
12-23
12- 5
50c
...
,
$i
.
'12-23
75c
'————
12-18
12-
1
5
12-7
$1(4
1-
J25c
$25c
12-21
1-15
1- 2
t75c
$750
12-21
12-10
I
1-15
Jose Water Works
12-
12-
7
12-10
1- 2
1
11-20
12-1
11-20
12-21
12-10
12-15
12-10
1-
2
12-19
12-15
12-10
12-10
12-1
12-15
12- 4
$2
12-
1
11-20
,
—
Publishing Corp.—■
preferred, (quar.)-.—.—
;
preferred (accum.) ——
(This dividend clears all arrears)..
Simmons Company (year-end)—......
Sloss-Sheffield Steel & Iron (year-end)
Solar Aircraft Co. common (year-end)
50c convertible preferred A.(s-a)_j
South Carolina Power $6 1st pfd. (quar.)
South Porto Rico Sugar, common (interim.).
12-15
$3
-
—-
12-15
Simmons-Boardman
,
12-15
1-
12- 9
*
75c
(Pittsburgh) common (quar.)....
preferred (quar.)
Year-fend
11-30
,12-23
-
ShepardrNiles. Crane & Hoist Corp.—
12-14
1
12-24
12-22
.
,
,
12-15-
"
$1(4
4%%
.12- 4
$1%
12-15
12-22
common
(quar.)..._
37(4c
preferred (quar.)
0.296875c
Savage Arms Corp, (year-end).
1—
25c
Schenley Distillers Corp. com. (year-end)..
50c
5(4%* preferred (quar.)—
^
$1%
Schlage Lock Co. (quar.)
12 (4c
Security. Title Bldg. $7 partic. pfd. (accum.)
$1(4
Shell Union Oil Corp., (year-end)
60c
4
2
12-15
Safeway Stores, Inc., common (quar.)—..
7
5% preferred (quar.)
St. Lawrence Corp. 4% cv. pfd. A (accum.)
-•4% convertible preferred A (accum.)—
St. Lawrence Paper Mills, 6% pfd. (accum.)
6% preferred (accum.)_._I_
1
1-
7$2
(quar.)._.___.__.
'
Extra'
12- 5.
12-15
'..i
.....
■
12-15
12-15
.....
12-15
11-20
1-2
-
I.,
Co., class A
11-28
11-23
' $1(4
preferred (quar.)
....
11-28
4
40c
Reymer & Brothers, Inc. (resumed)
Rheem Manufacturing Co. (quar.)
Richfield Oil Corp,
(year-end).—;
Riverside Silk Mills, $2 partic. A pfd. (quar.)
Rockwood Co., .5% preferred (accum.)......
5% prior preferred (quar.).
Safety Car Heating & Lighting (quar.)
12-15
Steel
MarshalfField&lJo.— -
Corp.,
Extra.'——
1
12-15
50c
11-28
12-
$1.80
(quar.)..*
12-
37(4c
17(4c
,
preferred
12-29
45c
Magor Car Corp. (year-end)————
Mapes Consolidated Mfg. Co. (quar.),_
4
12-*4
$1.65
$1%
;
12-11
12-
11-30*
1- 2
Republic Realty Mortgage Corp..;
2
12-1
1- 2
1-2
....
1
,
common...*.
12-12
1-
1
12-10
-
$1(4
Reading Co.,
5
,
5t
12-
$1(4
2nd preferred (quar.)
Remington Rand, Inc., common (irregular).
$4.50 preferred (quar.).—
>12-14-
12-
12-10
35c
I.
;
12-12
12-15
15c
Macy (R. H.) & Co. (qua^)
'
Magazine Repeating Razor common (quar.).
$5 preferred (quar.)—
(reduced)
12-12
11-30
—
Ltd.
12-29
1- 2
12- 15
$10
....
11-25
1- 2
12- 15
$8%c
12-29
12-
Drilling Co.——
Corp.—
7% convertible preferred (accum.)._—:—
MacLeod Cockshutt Gold Mining (interim).
12- 4>
50c
25c
Packing Co., common (reduced)—..—
5% preferred (s-a).—.............
5% preferred (s-a)
12-10
12-
&
11-30
Rath
1
1
12-15
(year-end)—.
12- 10
77
preferred (quar.)....
Rand's
11-21
50c
(quar.).—
preferred
12-14
12-21
:
(P.)
1-1
12-14
—.——....
$50c
(quar.)
Public Service of Oklahoma, 5% pfd. (qUar.)
Publication Corp., common voting (quar.)..
Non-voting (quar.)
7% original preferred (quar.)...
7% 1st preferred (quar,).1
...
.......
Quaker Oats Co., common (quar.)
:
12^ 1
25c
(quar.)—.
12-17,
(year-end).7
Corp,
Poor &
1
12-11
.
~
-r\
75c
12-
1,
25c
12-
1
40c
12-18
12-
$2
12+21
12-11
10c
$3
12120
12-
.11-25
11-26
,
12-10
12-
5
12-10
12- 5
12-21
12- 4
12-24
12-12
12--31
-
12-15
12-31
12-15
.
.
,
5c
5c
11-23
12-21
,
2
11-23
.
12- 1
$2
50c
20c
(resumed).—.
6% preferred 2nd series
Foster
•
—w~-———
Union
Field (Marshall) & Co., common
6%
11-30
.■——•—
Dyeing
Extra
Fidelity
,11-30
17(4c
$1(4
Truck——:
Federal
1
$1%
10c
:
—.
12-
.
—1
Ewa Plantation Co.
Federal
50c
—
2
12-22
Cement
12-
12-15
12-
—
1
12- 29
12.-5
$10
Public National Bank & Trust
I
12-15
50c
Locomotive Firebox Co.
5-
12-
....
1-18
35c
12- 1
12-
12- 19
75c
preferred (quar.)
.........
Peoples Gas Light & Coke Co. (year-end) i.
Perron Gold Mines, Ltd. (quar.)
Philadelphia Electric Power, 8% pfd. (quar.)
Pittsburgh Coke & Iron (year-end)
Pittsburgh Plate Glass (year-end)
11-23
12-15
—
Lily-Tulip Corp.—
———u.i—i-V
tindsay Light & Chemical, 7% pfd. (quar.).
Star
2-1
11-25
12-1
■
,12- 21
Omnibus
Year-end
12-7
$2c
40c
———
Leighton Industries non-cum. cl. A (accum.)
Refineries (year-end)———
Life 8c Casualty Insurance (Tenn.) (quar.).
7%
1-
$1(4
,
$50c
'
—
Leonard
El Paso Electric Co.
$4.50
12-
12-21
12-
12-15-
50c
5%
1
12-15
1-2
12- 5
-
1
Eddy Paper Corp. (year-end)—;
Egry Register, 5 >4% preferred (quar.)——
Electric Storage
———
12- 2
'
11-30
12-15
————.————
Cap Gold Mining Corp
11-30
4——.—.
1
1-
2
25c
(extra).
Peerless Cement Co., common vtc._—
Pennsylvania Glass Sand, common (quar.)..
1
12-
12-10
12-15
1-
12- 21
(year-end)....
Indemnity Co.
Packer
12-15
——'"'■
12-12
12-12
—
12-
12-
2
$1%
■
prior
Extra
Pacific
11-30
12-31
37(4c
8%c
—50c
Keystone Public Service $2.80 pfd. (quar.).
70c
Kings County Lighting 7% pfd. B (accum.)
87(4c
6% preferred series C (accum.)—
—.
75c
5% preferred series D (accum.)—
;—. ■
62(4c
Kleinert (I. B.) Rubber (year-end).——.—-30c
Lambton Loan & Invest. Co. (Sarnia, Ont.)
Wheel class B_
Kerlyn Oil Co. class A (quar.)—
Kern County Land (year-end)
Kelsey-Hayes
12-10
Massachusetts Street Ry.—
Ottawa
12- 1
12-28
■
12-15
12-31
L
15c
Orpheum Building
Oshkosh B'Gosh, Inc., common (quar.).....
$1.50 convertible preferred (quar.)
8
12-15
\,U" $3-.
preferred"C-^—.4.—. V1.
$3
60c
1st preferred (accumulated)——.——
El Dorado
11-20
12-10
.
7.
1- •2
1- 15
25c
...
$3 preferred (quar.)..
1-14
12-15
1
12- 2
American Car
Omnibus
12-18
12-
11-20
12-10
50c
(quar.)
(quar.)......
Extra
$3
1-15,
12-1
$4
*
12-11,
12-31
6%
—«.
7
12- 7
1-15
12-21
1
9
50c
Jersey Zinc
$5.50
11-24
12-15
11-14;
12-30
35c
:
12-
12-5
12-
1
12-15
2-
$1(4
.......
...
12-17
1-
(quar.).' 12V4c
(quar.)
12-17
50c
-
common
,
Co.
Ohio Match Co.
Kansas
12- 4
12-24
$1(4
(quar.)_^
—-25c
(extra)———
40c
—
12-11
Oats
Oklahoma Natural Gas,
2-1
(C. E.) & Co.
$1(4
$1%
common—
(quar.).
Duncan Electric Mfg. Co.
■
12-24
Co.,
preferred B
Oilstocks,
1-28
Jewel Tea Co. common
1-2
—
1
12-23
12-18
12-22
12-15
3
Jamieson
12-23
preferred (quar.)
Dun &
—_——
37 (4c
(year-end)
12-
12-30
2
$1(4
(quay.)—
common
75c
Driver-Harris Co——-t-i—■
12-10
25c
12-15
12-
1-5
12-
12-14
$$1(4
;V;.; $$1%
(quar.)
1
$1(4
12-18
12-22
12-31
12-18
12-23
$1
7%. preferred (quar)
Draper
12-
1-
12-10
12-18
12-18
12-31
10c
(quar.)—-
common
11-30
12-10
1-15
12-15
12-31
12-31
—-
Glass
12-15
40c
1-2
12-15
12- 4
12-18-
12-31
-
Dolese & Shepard Co.——
25c
12-31
(quar.)— ^-J5c
(quar.)—
,
,> 40c
4(4% preferred (quar.).—'
$1.06(4
Johnson; Stephens & Sklnkle Shoe Co..—— . .
20c :
Joslyn Mfg. & Supply common (quar.).——
75c :■
6%
preferred (quar.)
—44
$1(4
Kansas City Power & Light—
$6 preferred B (quar.)..—..—....
$1(4
Kansas City Southern—
4% non-cumulative preferred (year-end).
$2
12-24
8% pfd.
—...........
Water Supply,
$5 preferred (quar.)
3
11-21
Co.—
1
1-
12-15
12- 1
preferred dividend arrear certificates
6(4% preferred div. arrear certificates;—
.
Dominion
Utilities
12-31
12-20
$1%
1
12-14
50c
50c
$25c
,
12-
.....
12-31
1-15
60c
25c
2-
(quar.)—
$1
De Havilland Aircraft of Canada, Ltd.—7% preference (accumulated)
—
$$3
Dempster Mill Mfg., common (quar.)
$1(4
5% preferred (quar.)——! $1(4
Detroit & Canada Tunnel (year-end) ......
75c
Dixon (Joseph) Crucible————
$1
Doehler Die Casting Co. (interim)
50c
Mfg.
Southern
12-21
1-15
t$l(4
t$l%
7% preferred dividend, arrear certificates
t$l%
Irving (John) Shoe 6% preferred (quar.).v
3714c
Island Mountain Mines (interim)——$5c
.
(quar.)-——
Cuban American Manganese (year-end)
David & Frere, Ltd., class A (quar.)........
Doernbecher
(quar.).
Safety Razor class A
2-
(year-end)——$1
(year-end).....:
50c
Publishing Co.
12-21
Ltd. (year-end)...........
$5 preferred (quar.)..„...
$6 preferred
(quar.)....
$6.60 preferred
(quar.)
.......
$7 preferred (quar.)
-i
$7.20 preferred (quar.)......
Ohio Finance Co, common (quar.)
5%
prior preferred (quar.).....>
6% preferred (quar.)
12-10
1- 2
5%
Interstate Department Stores, common
7% preferred (quar.)—_—
12-11
1-2
$1.(4
International
4
12-11
12-21
6%
Corp.
25c
,
————....—'1
dividend
11-14
Oahu Sugar Co.,
Ohio Edison Co.,
11-23
1- 2
11-30
...
5
11-30
12-15
12-11,
12-11
5(4% preferred (accumulated)
$8,93%c
6%. preferred (accumulated)...
$9.75
7% preferred (accumulated)
$11.37
Northern Oklahoma Gas (s-a)7
35o
12- 4
12-26
——
5
2
1-
Northern Indiana Public Service Co.—
12-
1
■"■
..................
1
12-15
1-
12-
1-15
lOc
,
...
;
Corp.—
$6 1st preferred series A (accum.).
$6 1st preferred series B (accum.)
North Star Oil, 7% pfd. (accum.)
12-26
$1(4
12-15
300
1
1-15
North
..
preferred
Stock
12-5
_
■
$1(4
30c
5(4% preferred (quar.)
—
——
$1.31(4
Indianapolis Railways
50c
IngersollrRand, 6%r preferred (sra)..
r
$3,
Inspiration Consolidated Copper..25c
"International Business Machine (quar;)—— '
" $1(4
11-30
1-2
(year-end)-.
(quar.)—————————
Indiana Gas & Chemical, $3 pfdi (S-a)
Indianapolis Power & Light com, ,(quar.) —
12-10*
1
12-21.
.
.
12-
12-19
(N. Y.)—
Dayton & Michigan RR.,
12-
12-29
;$6
'
.
Co.
12-29
—
(quar.)——————
.
11-20
.
12-22
...
Crowell-Collier
25c
12-
preferred
12-31
25c
(quar.)
(year-end)
Niagara Lower Arch Bridge Co., Ltd.......
Niles-Bement-Pond (year-end)
No-Sag Spring Co...:
12-
12-15
Transit —————;
15<s
Hoskins Mfg. Co. (year-end)———-——
30c
Houdaille-Hershey class B (interim)— —.
30c
Class A
(quar.)
—
62(4c
Household Finance, common (quar.)—-—$1
5% 1 preferred (quar.)
—
$1(4
Hyde Park Brewing Assn. (year-end).—_
$1
Hydraulic Press Mfg. 6%; conv. pfd. (quar.)
'37>4c
Illinois Bell Telephone (reduced)—„ $1(4
Illinois Commercial-Telephone—
5-15
1
.12- 4
preferred (quar.)
!—!
$1%
Consumers Power, $4(4 preferred (quar.)-—
$1(4
$5. preferred (quar.)—
...——
$1(4
Continental-Diamond Fibre (year-end).....
15c
Continental Motors (year-end)._—.—.—.'
15c
Craddock-Terry Shoe, common (year-end)...
$1
'■
5% 1st preferred (s-a),—————$2.50.
4-6 % 2nd preferred (s-a)
........"■
$2
3-6% 3rd preferred (s-a)——.,.^.4.4.1
$1.50
Crane
12-21
1—
;
Honolulu Rapid
2-15
1
1
Consolidated Laundries. Corp.—
Crosley
$3(4"
———_—i.—. t-.—
1-15
11-30
New York City
12-
5%
12-1-43 11- 15-43
(quar.) ——$1(4
preferred
50c
12-21
12-31
t50c
=
Year-end
12-10
Extra
11-30
3-
2
12-
1-15
5C
New
12-
Hinde & Dauch Paper common
6-
1-
12-10
12-15
50c
*
12-21
3c
25c
New Idea, Inc.
5
12-21
7% preferred (s-a)—
Hewitt Rubber Corp
9-
12-
12-21
(George W.) Co., common (quar.)——
preferred (quar.)—.——....
Powder (year-end)—
—Hershey Creamery, common (s-a)————
7%
12-4
12-19
2
8
50c
Co......._._......._..j...
)__
Annual
5
1-
Biscuit
3
50c
.....a.
National Sugar Refining Co. (resumed)
New Haven Water Co. (s-a)..
11-19
12-
(year-end)
National Steel Car Corp., Ltd.
11-23
1
12-15
35c
—
Hercules
12- 8
,
12"15
Corp—...—30c
8% partic. pfd—
7$3.
Co., $4.50 pfd. (quar.)—
$1%
Co..——
12- 9
12-19
12-18
Solvents
—.1.—..
Electric
1
Corp.
(year-end)
(year-end)
:
National Refining Co., $6 prior pfd.
(accu.)
National Safety Bank & Trust Co. (N. Y.) —
12- 8
12-
Co.
Extra
6%
1
12-
...
12- 9
12-19
$1.06(4
Confederation Amusement,
12-22
Products
National
12- 5
12-
12- 4
National Lead
12-10
12-21
$1(4
$1%
90c
50c
12-10
1-2
.
(quar.)———
12-21
12-15
75c
$1(4
Holland Furnace Co. (quar.)..——
—;—50c
Hollander (A) & Sons, Inc—...—25c
7
12-10
$5
12-5
Helme
12-12
12-7
$7.50
12-15
11-30
Hawaiian
12-21
Consolidated Edison Co.
11-30
12-21
12-
Casualty Co. (Detroit)
(quar.),
Discount Corp., common (quar.).
5% preferred (quar,)
National Gypsum Co. (reduced)
12-21
•.
12-23
12-16
12-22
National
12-15
12-15
12-19
'
12-14
(quar.)
2
2
————.
11-10
12-12
75c
$1%
Commercial Credit Co. (quar.) __—i
75c
Commercial Investment Trust, com. (quar.)75c
preferred
2
1-
1-
12-23
1
National
7
1-
...
11-20
Year-end
3
3l(4c
(quar.)
$6 preferred (quar.)
preferred
1
National Cash Register Co.
12-15
...
11-30
12-10
.—
12-
•'
3
$1(4
Gulf States Utilities, $5,50 pfd. (quar.)—$1%
$6 preferred (quar.)
$1(4
Hall (W. F.) Printing (quar.)
25c
■Extra
25c
Harrington & Richardson Arms (accum.)...
25c
Harrisburg Rys. (year-end)——......——
:
15c
Harrisburgh Steel Corp. (year-end)...—.35c
Hartford Steam Boiler Inspection 81 Ins. Co.
Extra
■■
20c
Hathaway Manufacturing Co.—
$2(4
11-30
$28
$5
12-7
5%
12-5
preferred (accum.)—.
Co.
Connecticut Power
12-28
11-27
12-10
.
(quar.—.....
Colt's Patent Fire Arms Mfg. Co. (year-end)
Commercial
$50
12-
———
Brewery:—...
Group
11-27
7
12-22
preferred
12-
12-28
Western
Gulf Power Co.,
YC&-!*•*Gild
$4.25
7
12-21
Copper..!—
Cananea
Group No. 1 Oil Corp..;
12- 5
—
7%
12-
Griesedieck
12-r
25c
50c
$4.50 preferred (quar.)
v__—■....f-Iw-'..
$1(4
Cleveland Theatres, $4 partic. pfd, (s-a)-—
$2
Climax Molybdenum Co. (quar.)—I---—30c
Chemical
75c
$1
Greene
.
12-
National
11-30
(accum.)—
12-22
12-10
...
National Breweries, Ltd, (quar.)...
National Brush. Co. (quar.).......
11-21
11-23
12-15
$1(4
$1(4
$1(4
$1'(4
15c
30c
5%
Clorox
1
12- 7
12-
$4
5%■ preferred
Clinchfield Coal,
12-
12-
$6 pfd.
12-30
...
11-27
$1(4
Green Mountain Power,
12-30
5c
...
;
System, Inc., common (quar.)
8% preferred (quar.)
............
Nachman-Springfilled Corp.
11-30
20c
——
11-20'
5c
Motor
12-3
—-—
12-8
12-
Mutual
12- 2
12-10
12-17
12-17
12-19
12-9!
12-15
$1
Muskogee
1
12-22
12-19
....
12-10
12-
12-10
Year-end
1
12-31
12-20
12-15
12-15
12-12
12-
1-
No. 2 Oil——a...
a.—
10c
Gruen Watch Co., common.——12 (4c
12- 4
12-12
1
12-22
■
11-30
12-10
Fire
,11-30
20c
I.—.—I—-.l_j.-/
11-30
Mills, Inc.,
12-15
Mining & Mfg
30c
Mobile Gas Service, 6% pfd. (quar.).......
$iya
Mode O'Day Corp, (year-end)..50c
Molybdenum Corp. of America..
■.
12(4c
Montreal Refrigeration & Storage—
$3 preferred (accumulated)
•
$$1(4
11-27
Co
12-10
11-20
•1-2
25C
:
Minnesota
12-10
1
Electric
General
Cincinnati New .Orleans & Texas Pacific. Ry.—Common
12-19
12-19
12-15
12-22
—,—
12-21
Extinguisher (year-end)
25c
5% preferred (quar.)..
$1(4
Giddings & Lewis Machine Tool.—..
50c
Gilmer lL. H.) Co. (quar.)
—
25c
Glen Alden Coal Co. (year-end)
90o
Goebel Brewing Co.. (quar.)___—5c
Great Lakes Dredge & Dock (year-end).—.
75c
Great Lakes Terminal Warehouse Co. (s-a).
20c
;
—
of Rea.
1
50c
(quar.).
preferred
Extra
12-10
$1(4
,
.
Co
Holders
1-2
12-
$1%
$1(4
....
...
.
'
12- 3
12-21
(year-end)
(quar.)
Miller Tool & Die (quar,)....
3
25c
25c
25c
....
.——
Cigar
General
1
25c
17 (4 c
$1
$1%
50c
'
12-
$4
12-12
12-21
12-15
12-
$2
——
12-26
Co,
(quar.).:,
Midwest Piping & Supply (year-end)
Midwest Rubber Reclaiming Co.—
12-18
$3
$1
(quar.)—......
(quar.)__—
(year-end)
5
1-25
$2(4c
—
Chile Copper Co.
.
Quarterly
Extra
■
(irreg.)
(quar.)
Corp. j(year-end)....
—
——,
—
5
12-
35c
12-15
$1.16%
,
12-
12-19
General
1-
$l(a
$1
$1%
—u_—
12-15
Midvale
12-10
12-21
General
Payable
62(4c
(H, H.) Packing, 6(4% pfd.
Michigan Associated Telep.,.6% pfd.
'
12- 5
12-11
$3.22
(year-end)—
Bend RR. (s-a)
& Quincy RR,
Box
General Candy
12-15
12-24
40c
75c
" $2.76
Chesterville Larder Lake Gold Mining—
Year-end
General
When
share
Company
Meyer
12-10
10c
$2
l(4c
(year-end)...
Co., common
(quar.)..
Co. (qUar.)
preferred
$8
12-30
50c
—
12-30
12-15
1-2
1$1
Chicago South Shore & South
Co.
General Baking
.
Quarterly
Chicago
Gamewell
(Toronto)—
Chartered Trust &• Executor
25c
25c
30c
Co., common (year-end).
preferred (quar.)
*
(Robert)
6%
Per
Name of
8
12- 5
12-1
Chamberlin Metal Weather Strip
Charleston
.
'
—25c
(year-end)
15c
preferred (accum.).
$1%
Co.—,
1
12-15
1-
—25c
(year-end)
Central West Co.
11-24
12-
12-15
1-
'
■
pfd. (quar.)Central Power & Light, 6% pfd. (accum.)—
7% preferred (accumulated)
Central & South West Utilities Co.—
$6 prior lien preferred—
$6 prior lien preferred (accumulated)——
$7 prior lien preferred
$7 prior lien preferred (accumulated)
& Telephone 6%
11-27
,
12-15
2
12-10
50c
$4
$1%
10c
137c
40c
—
7%
Central Elec.
12-15
1-
Capital City Products
•
25c
Capital Wire Cloth & Mfg., Ltd.—
$1.50-convertible preferred (quar.)-.
1— ;
J37c
Cariboo Gold Quartz Min. Co., Ltd.—
Reduced quarterly—
—$2c
Carpenter Steel Co. (interim)—
Case (J. I.) Co., common (year-end)-..
$2(4'
$1%
11-28'
Holder$
1-
1$2
(quar.)
Ltd.
of Rec.
$3
2-22
12-15
2
1-
$$1(4
(quar.)
preferred
•
.
1-
1st preference
5%
10-15
12-14
50c
--
(quar.)—
common
When
Payable
Mesta Machine Co
25c
3-1
25c
...
(quar.)
preferred
7%
Company
Inc.—
$$1%
Copper Corp
Campbell Wyant & Cannon Fdry. (year-end)
Canada Cement, 6(4% preferred (accum.) __
Canada
Name of
Fruit of the Loom,
non-cumulative preferred (year-end)__
Fulton Bag & Cotton Mills (year-end)—...
General Precision Equipment—...
(accum.)
participating class A
$1,75
Calumet & Hecia
Per
of Rec.
12-11
share
Holders
share
Name of Company
Monday, November 30, 1942
12-15
12-
5
See
(Marshall) <fc Co.
'
(Glenn L.) Co. (year-end)
Maryland Fund, Inc. (year-end)
:—
Mastic Asphalt Corp. (quar.)
Mathieson Alkali* Works, common—
v7% preferred (quar.)__-_
-—-.LI-*—
■
May McEwen Kaiser Co. common (quar.)
I
1
1
11-20
1-
1
12-15
12-24
1-2.
12-15
1
3-15
7-
1
6-15
10-1-43
9-15-43
$1(4
12-21
12- 1
7c
-10c
25c
12-15
11-30
12-15
12-
1
12-24
12-
7
$1%
12-24
12-
7
——
-
1
'Extra
,
25c
' *50c
;."si
i
—
McCrory Stores
McGraw-Hill
Merchants
Corp. (quar.)
Publishing Co
Fire
Ins.
Co.
Quarterly
12-15
4-
.,
,
11-20
12-
.
—.—.
•
12-
Field
Martin
Merrimac Hat Corp.,
Extra
^
preferred
1
11-25
1
11-25
12-23
12-11
12-15
12-
3
;
I'
—
I
—I.
—
.
20c
11-16
11-10
25c
,
12-
11-23
25c
' " $1
1
j- 5
12-
1
...
7
25c
$1(4.
50c
preferred (quar.)——:
Southern California Edison Co., Ltd.—"""
5% original preferred (quar.)
—"—
8%
$2
37(4c
J 2-
1
11-23
Southern.. Natural Gas
Southland Royalty Co.
(quar.).;
Special
—
2
1-
2,
1-2
1-15
12-31
12-15
12-10
12-10
12-20
1-15
12-20
40c
12-31
12-17
10c
(year-end)
Springfield Fire & Marine Ins, Co.
H15
1,
7
5
34%c
5(4% preferred C (quar.)—.:
(Denver, coio.) —
common
(quar.)
25c
15c
—
I———
I
8%
-
1212-
.
12-15
11-30
^
(quar.).
—
'
$1.12
25c
2
12-15*
1-2
12-15*
1-
When
Payable
Sterling
pfd.
12- 5
12- 3
35c
$1.20
12-15
1- 2
1- 2
12-10
10c
12-19
$1.10
12-15
11-30 •
$3
$1%
10c
12- L
12- 1
12-28
12- 1
11-24
11-15
12-19
11-30
12-15
U-14
12- 4
12- 5
12- 5
f20c
t62y2c
—.—
Telephone Bond & Sh. 7ft 1st pfd. (accum.)
Electric Ry, Co. (liquidating).:——
Texas
Land——
&
Oil
Texon
Mills 7ft .pfd.
Flour
Tex-O-Kan
(accum.)__
—
.
50c
!—
Welding—__
Electric
Thomson
_______—:—15c
preferred A (quar,)__..
$1 Ms
Trans-Canada Shares series A—___
%24c
Transue & Williams Steel Forging (year-end)
50c
Trion Company, common (quar.) —_______■
20c
7%
preferred (quar.)
$1%
Co
Traders Finance, 6%
Tivoli
Brewing
Twin
Clutch
Disc
Carbide
Pacific RR.
Union Wire
&
(quar.)
Co.
—
Corp. (quar.)—r——
(quar.)—
Rope
Carr Fastener
United
Extra
—
Carbide
6ft" class A
U.
20c
(quar.)———40c
12-24
12-15,.;
12-12
12-23
12-15
.1- 2
_______—$1%
1- 2'
50c
12-151
$2
10c
$iy2
Utah
$7
Light $6 pfd. .(accum.)——„
&
Power
(accum.)—.
preferred
Inc.__
Veeder-Root,
________
——
11-20
Bristol-Myers
50c
1-
2
12-18
British
(quar.)
1
Bright (T. G.)
D.)
(S.
12-18
1
11-20
British Columbia Electric Ry.,
12-10
Brockway
50c
12-
1
11-18
Brooke
25c
12-
1
11-20
Brooklyn Edison Co.
12-
1
11-20
Brooklyn Telegraph & Messenger (quar.)____
Brown Fence & Wire, class A—
Brown-McLaren Mfg. Co.—
y
Machine &
Metals
(resumed)
Metal Co.,
Ltd., common.....^...
preferred, (quar.)....
v
$1%
Paper Goods, 7ft
pref.
$1
12-15
12-
1
$1%
(quar.)
12-15
12-
4
'
Ship Building Co., com.
Stores
American
11-16
12-
9
Bullocks,
12-
9
Bunker
12-
4
Surety
American Tel.
12-
4
Bunte
11-30
11-
6
50c
12-15
11-30
25c
& Tel.
Co.
2
12-14
1-
2
12-
5*
1-
2
12-
4
$2.25
12V2C
preferred (s-a)
1-1-43
Tobacco
Woolen Co., 7ft
75c
Co., common
pfd.
(accum,
Arts
Farms
Butler
11-10
12-
1
11-20
Oil
Wesson
12-10
12-
12-26
12-16
$l3/4
1
12-26
12-16
12-10
11-30
1-2
12- 1
1- 1
12-15
11-20
12-12
12-15
12-23
12-1
12- 4
50c
12-17
20c
412-10
$8.16%' 12-15
12-10
11-30
11-30
Co.—
___
Ltd.
Grocers
Western
25c
20c
(quar,)—_______—
t20c
(George),
Weston
Weyenoerg Shoe Mfg.
—___—,—.
Wheeling Steel Corp
White Motor Co. (year-end)
—
Wiilson Products, Inc. (quar.)
—■Wisconsin Power & Light 7ft pfd. (accum.)
'»
7%
preferred
6%".. preferred
6ft preferred
37!/2C
25c
$7
...
;
$1%
Woodward & Lothrop common (quar.)____.
.
50c
7ft preferred (quar.).—
$1%
Woolf Brothers. Inc. 7ft pfd. (quar.)$1%
(accumulated).——,-.
Certificates of
.ft!
Trust—
Investment
World
-
5%
11-21
-
9
Canada
;; $1
12-15
12-
1
Canada! Vinegars,
$1
12-15
12-1
12-15
12-
20c
12-10
11-23
1
11-23
1
11-13
class
6ft
Class
B
12-15
12- 5
Atlantic
12-15
1- 2
12-18
12- 5
12-4
12- 4
Atlantic
$1
1/
25c
—
Yellow
Truck
Zonite
Mfg.,
$1%
1- 2
12-26
Products
12-16
15c
12-19?
12-7
(year-end)
I—.—
give the dividends
Below we
•
When
Payable
Share
•Name of Company
Abbott's
Dairies '(quar.)
Laboratories,
Abbott
of Rec.
Extra
'4ft
Acme
-1
-
-
(quar.)
preferred
Steel
.
1-15 ;.", 1-2
11-13
12-15
12- 1
12-23
12-11;t
1-1
12-18 _
12-, 1.. 11-20 ;■
12-29
12-19
20c
35c
37V2C
$iy3;
Albers Super Markets, Inc. pref. (quar.)___
$1 Va •
Alberta Wood Preserving, 7ft pfd. (quar.)__
t$l%
1-1-43
12-26 .
Allegheny Ludlum Steel, common
—,
35c
12-23 , .12- 7 :
.7ft preferred (quar.)—
$l3/4
12- 1. 11-16
Allied Laboratories
/15c
12-30
12-14
Allied Mills, Inc....—
50c
12-15
11-28;
Allied Stores Corp., common...^
15c 1-20-43 ... 12-31;
5ft preferred (quar.)..—
$1(4 1-2-43
12-17 ,
Allis-Chalmers Mfg. Co....
25c
12-22
12- 1*
Aluminum Co. of America, com. (year-end).
$3
12-12
11-27,;
6ft preferred (quar.)
$1%
.1- 2'
12-15
Aluminium, Ltd., common (quar.)—t$2
12- 5
11-14.
Extra
—~—"'.
f$2
12- 5
11-14 .
:6ft preferred (quar.) (payable U. S. funds)/.
$1(4
12- 1
11-17
Aluminum Industries
(quar.)—15c
12-15 \ ,11-30
Aluminum Manufacturers, 7ft pfd. (quar.).
$1%
12-31
12-15,
Oil & Gas (year-end)——,—.Aero Supply Mfg.," class B (year-end)
$1.50 class A (quar.).
—--Alabama Water Service. 6% pfd. (quar.)—
Adams
.
Toronto
.
Barber-Ellis
of
Baxnsdall
Oil
Co.
—...
...
(quar.)
Common
American
a
.
-
—
,
Automobile Insurance
Quarterly
Brummel
Beech-Nut
Business Shares
12-2
12-15
12-15
12-15
12-1.
12- 1
12- 1,.
12-31,
12-15
-—
—
Cigarette & Cigar,
American
12-15
(quar.)—
Chicle Co.
Extra
1-1
12- 1
<12-1
1-2
12-15
(quar.)
preferred
5ft
American
$1(4
common.
$1(4
preferred (quar.)—:
6%
12-22
11-16
11-16 ;
.12-21:
12- 2
$3J/2
5c
$1.37(4
50c
50c
$1
50c
Bemberg Corp.
Colortype Co., com.
preferred (year-end)
Cyanamid Co.—
Class A common (quar.).
Class B common (quar.)
American
(year-end)....,
5ft.
—
,
25c
$5
..
.
.
12-21 ,12- 7
12- 7
12-21
American
.
15c
15c
preference (quar.)
Special dividend of 75c per share on
&
A
ratio
of
stock
for
common
American
American
.5ft
B
one
1- 2
the
payable in the
of 5ft pref. stock
13(4 share of A or B
common
(year-end)
$1%
50c
———
1
Radio
Belmont
1-22
Carolina
12-
Carthage Mills common
1
11-13
11-30
6%
12-
11-16
6%
12-
1
11-20
1
12-
1
1
11-14
12-
1
2
Central
12-16
Central
Paper
12-
1
1
1-14,
11-14
5
11-30
11-16
12-
9
11-19
$1
12-22
12-
J25C
12-
t25c
12-
1
37y2C
12-23
t25c
12-15
"■
$4
,
11-14
1
11-16
1
11-16
1-
2
11-25
11-30
11-16
2
1-
2
12-15
25C
12-
1
11-18
12-15
12-
$1
12-31
12-31
J3C
12-15
11-20
$1%
12-
1
11-21
$iy4
12-
1
11-21
12-
1
11-
9
1-2-43
12-
4-
.
_______—
(quar.)____
<■
$iy2
$1%
—
&
5ft
Son,
Birdsboro
preferred
;
■
50c
12-
1
______
$1%
12-
1
12-
1
11-20
12-18
■
11-16
$iy4
11-30
—___
25c
Steel Fdy. & Machine
Birmingham Electric,
$1%
1-
2
12-
preferred
$1%
1-
2
12-8
12-
1
$6 pfd. (quar.)_
(quar.).
—4
Birmingham Gas, $3.50 prior pfd. (quar.)___
Birmingham Water Works, 6ft pfd. (quar.)_
Bishop Oil Company (quar.)—
$7
Black-Clawson Co.
com.
87y2c
11-20
12-15
12-
1
2ftc
12-15
12-
1
40c
pfd.
1
11-25
12-
1
11-25
$1%
(quar.)
12-
$iy2
6ft -preferred
Bloch
8
$iy2
(quar.)
(quar.)!—
Brothers Tobacco 6ft
stock
12- 1
12-11
11-25
12-.1
2- 8
12- 3
12-15
11-25
Bohn
2-15
12-12
1- 1
12-15
75c
12-15
12-15
1- 2
12- 1
12- 1
12-1
11-25
r
11-19
12- 9 ;
11-13,
11-13
* 11-13
Aluminum
&
Booth
(F. E.),
Borg-Warner
Boston
Boston
Wharf Co.* (year endh__~____—
2
12-19
12-14
11-14
•12-15
12-
1
12-15
12-
1
1-
12-
1
11-23
12-
1
11-10
12-
1
11-10
12-12
11-30
12-15
11-27
12-15
11-27
12- ,2
11-25
1
11-10
12-26
11-30
11-16
20c
12-
2
11-25
31 V4c
12-15
11-25
75c
12-15
$1
$1%
12-15
12-
1
12-15
12-
1
$3
$13.30
J25c
.12-15
12-
1
125c
6-1-43
12-22
Cliffs Corp.
—
5%
1st preferred
Coca-Cola
$3
(quar.)
Company,
Common
common-,
(year-end)
class A
(s-a)
Year-end
—
(s-a)
12-18
12-
3
12-18
12-
3
12-
1
11-16
1-2-43
12-15
Columbia
12-10
11-24
Class
A
50c
12-15
11-30*
Class
B
$5
11-30
11-18
Columbia
Columbian Carbon Co.
2
12-10
12-11
1
12-31
12-
25c
12-
1
11-21
50C
12-
1
11-25
$iy4
•
'
Colonial
Stores,
Inc.,
—
Columbia
(quar.)—
Participating
11-10
,
—;
Corp.
Life
1
12-15
12-
1
12-
11-
2
1
5-15
12-31
12-
12-
11-20
1
8
11-14
12-
1
25c
12-
1
11-20
12-
1
11-20
$1
12-15
12-
1
25c
$1
32-15
12-
1
12-15
12-
1
System—
(year-end)
(year-end)
Commonwealth
12-
62V2C
(quar.)——
(year-end)
preferred (quar.)——:—
Broadcasting
Pictures
$1,0614
$1(4
—$1%
common
Baking, .common
$1 participating,
-Ky.)
—
(quar.)
preferred A
11-27
1-
(s-a)—^
preferred (quar.)—
11-14
$5
(s-a)—
——
—
common
•—;
12-15
..
cl. A
Colgate-Palmolive-Peet—
I
$4.25 preferred (quar.)
Collins & Aikman, 5ft conv. pfd.
Colonial Finance (Lima, Ohio)—-
12-1
30c
———
—
Cockshutt Plow Co., Ltd.
•.Common
—
—
——_—
Coca-Cola International Corp.,
12-31
$iy4.
12-'.1
Coast Counties Gas & Electric—
40c
(extra)
Boyertown Burial Casket (quar.)—
Brager-Eisenberg, Inc. (quar.)——
____________
12-
75c
Co.
Herald-Traveler
11-27
11-15
12- 1
11-25
12y2c
12-15
11-20
25c
12-1
12-16
25c 1-15-43
25c 4-15-43 3-17-43
25c 7-15-43 6-16-43
* 25c 10-15-43 9-15-43
11-23
12-15
$18.10
guaranteed (quar.)
—_
50c
stock
(quar.)37y2c
Cleveland Tractor Co.4__!_—_
25c
$2
$3 preferred (initial)
Corporation
Scrymser
25c
11-27
" t75c
Regular
$1
(s-a)
(reduced)——
Boss Manufacturing Co.
(irregular)
Boston Elevated Railway (quar.)
Borne
-
pfd
com,
50c
—
—______—u
of Amer.
$1
_________
(year-end)-——
7ft
preferred (quar.)__—$1%
Chrysler Corporation
_
75c
Cincinnati Street Rwy.
(year-end)—_
40c
City Ice & Fuel com———_________
30c
6%ft preferred (quar.)—————
$1%
City of New Castle Water, 6ft pfd. (quar.)_
$iy2
City Water of Chattanooga. 5ft pfd.; (quar.)
$iy4
Clark (D. L.) Co. (year-end)—75c
Clark Equipment Company, common
75c
5ft preferred
(quar.)
SI1/*,
Cleveland Cliffs Iron Co. $5 pfd. (accum.)__
$iy2
5V2ft
class A (s-a)
Brass__
4
4
Co._^
Co. (quar.)
75c
Investment Trust
4
12-
———
Securities
Christiana
12-15
12-
1- 1
12-14
12-14
_——
J30c
—
Brewing Co. 6ft
Year-end
Bond
Oil
12-12
$1
Special
11-16
(quar.)
Cab
11-20
11-30
Cleveland & Pittsburgh RR.—
1-1
12-10
-
;
Bigelow-Sanford Carpet common..
6ft *■ preferred
(quar.)
Bird
$1
(q"uar.)__^_
Co.
Yellow
12-10
12-
!_—
Quarterly
12-14
,
(quar.)___J_L._^__^_____J
Manufacturing
*
1
15C
Assoc.—
Chicago
11-16
12-26
—
12-15
$$1%
11-20
11-20
11-13
(quar.)
(Consol.)
Quarterly
Quarterly
,
12-10
12-15
12-19
(quar.)„_______
pfd.
A
ser.
non-cum.
Chickasha. Cotton
J
11-30
11-14
11-16
11-16
50c
'
12-
1-
15c
!___
;.
—
Extra
12-15
12-
f$l
(quar.)
Edison, Inc
Chesbrough Mfg.
12-15
"
10c
37y2c
(quar.)
Co.
Chicago Rivet & Machine Co.
15C
Co.__u_
pfd.
Products
Chicago Corporation $3
37'/2C
$1
Steel
11-28
1-2-43
J75C
Corp
Light & Power, $6
11-30";
1-2-43
i$3y2
8
11-. 6
12-15
t3c
Extra
11-6
1
$3
$3
$1
,
11-14
12-30
1
12-12
12-12
11-16
2
15c
12-
11-20
1-
1
12-12
11-30
Ohio
12-
11-17
12- 1
Central States
10c.„ 12-21
Central Steel & Wire 6ft pfd.
(quar.)75c
12-21
Century Ribbon Mills, 7ft preferred (quar.)_
$1%
12- 1
Century Electric Co. (quar.)
10c
12-21
Champion Paper & Fibre, common—
25c
12-15
6ft preferred (quar.)
4 $iy2
1-1-43
Chesapeake & Ohio Ry. com. (quar.)^
75c
1- 1
Ohio
12-15
1
12-19
12-12
1-/2
1-' 2
11-30
12- 1
12- 1
1- 2
Service—
(accumulated)____________
preferred
Central
.
5
12-15
11-17
25c
Investment
6ft
——,
(resumed)—!
(year end)——:
Ins.
Co.
15c
:
5ft
60c
60c
50c
$1(4
12-
4
11-13
12-
4
11-13
12-
4
11-23
12-10
11-20
12-15
11-30
1
11-15
(Louisville,"
(quar.)
Commonwealth Telephone,
pfd.
.
1
$iy2
Central
12-
50c
$1%
$l'/4
$iya
,___«
(accumulated)
>
12-22
12-
12-15
12-15
11-30
12- 1
preferred
$6
12-15
Central
7
(quar.)
Ser.
5ft
Public
12-10
$1
Bibb
Illinois
10-31
$1"
(quar.)___
Pub.
2
40c
Steel Co., common_______
7% -preferred
Arkansas
12-15 ;
.
B
7ft
pfd. (quar.)
preferred
Central Illinois Light Co. 4y2ft pfd. (quar.)_
12-10
1-
preferred
12-31
-
$2
25c
$1V2'
60c
(quar.)
preferred A (quar.)
Central
11-16
1-
Tel.
&
Central Foundry Co.,
11-16
1
12:
Tel.
Caterpillar Tractor Co.
11-20
12-
B
Class
12-10
30c
(quar.)—
(quar.)
(quar.)-.:
11-20
1
class A (quar.)
$5 convertible preferred
& Co. class A
Carman
12-
_________
11-16
Heat
(irregular)__
common
1
2-
ti2y2c
(Bklyn.) (quar.)__._
River Mines, Ltd. (interim) ________
Bethlehem
12-
Light,
preferred (quar.)__
12-15
50c
(quar.)
Corp.
preferred
25c
(quar.)__
(extra)
preferred (quar.)
$1%;. ft 12-
Bensonhurst Nat'l Bank
Blue Top
$2
preferred (quar.)—...—...
$1(4
American & Foreign Power Co., $6 pfd
t90c
$7 preferred
t$ 105
American Gas & Electric Co.--com. (quar.)..
40c
<4%% preferred <quar.)
...
$1.1834
American General Corp., $2 pfd. (quar.)....
50c
$2.50 preferred (quar.)—______ "
62(4c
preferred (quar.)
12-
(Montreal)-—
common.
Packing
common
6ft
v$3
12-21
6ft
Ltd.
Natural Gas,
Western
Oil Co.,
4 $2 y2
Belding-Corticelli, Ltd., common (quar.)
■7ft
preferred (quar.)—________________
Belknap Hardware & Mfg._"___.—_——
12-1
$1(4
preferred (quar.)
1
Co.'s,
12-31
Ties,- Inc.___
Inc.,
Manufacturing
Belden
12-17
held
.
12-
Ridge Corp., $3 conv. preferred (quar.)
Holders option, cash or l/32nd share of
common,
Envelope Co., 7ft pfd. A (quar.)..
Export Lines, common
12-15
Oil
(interim)
A
(accumulated)
6 Power Co. 6ft
Canfield
Blue
share
each
American Felt Co.,
12-12..
12-12
12-12
1- 2
1- 2
\2VsC
5ft
class
^
1
$1
$7
12-1
12-15
25c
$1(4
7ft pfd. (s-a)_.__
(year-end).
$5(4 pr. pfd. (quar.)
American Central Mfg„ 4ft conv. pfd. (quar.)
American Chain & Cable, common.
American
American Capital Corp.,
(quar.)
Berkshire Fine Spinning
—
12-
T
Berens
12-15
12-31
50c
(St. Louis) —
—
American
.
11-30
12-15
preferred
f $ 1 y2
$1.50 preferred .(quar.)
—
.
11-30
12-23
60c
1st preferred__________.__._u.
Beaunit Mills,
12-
50c
Canadian
12-21
15c
Beatty Bros., Ltd., class A (resumed)
{7ft 2nd preferred (s-a).l.^
Beau
11-13
12-15
12-23
12- I
Canadian
10c
(extra)_._..-______.—
—
12- 1
$1
$l!/2
Canadian Malartic Gold Mines
12-15
$1%
Bayuk Cigars, Inc.—Beattie Gold Mines (Quebec) • Ltd. (quar.)^.-
6ft
£$iy2
10-30
2
t$2(4
Bathurst Power & Paper
A
11-28
1
1-
..
Bastian-Blessing Co. (year-end)
Bath Iron Works " (year-end)
Class
12-23
12-15
12-
5 ft
7c
—
6
12c
120c
4
4iy4c
—._—
6
11-
11-16
12-
(quar.)
(quar.)
11-
1
Canadian International Investment Trust—
12-21
50c
(quar.)
1
12" 1
5
......
Co., class A
Barlow & Seelig Mfg.
12-15
t50c
12-
$iy2
Canada
11-17
2
1
125c
125c
12-31
J4c
(quar.)
12- 1
1121212-
Canadian Industrial Alcohol, cl.
Class B (interim)
$iy4
Company (irregular).
Barber (H. W.)
12-12
75c
....——-
—
12- 4
12-24
$1.
.——w—
(quar.)
Co.
—-
of
11-30
185c
125c
15c
(reduced quar.}____.i,-
11-30
12-15
preference
5
62%c
/
11-30
12-15
(quar.)___
Canadian Fairbanks-Morse Co., Ltd. (irreg.)
$3
(s-a)—_______—
12-15
participating preferred (quar.)
Breweries, Ltd.—
$3.40 convertible
$2 y2
(reduced quar.)—
11-16
150c
Canadian
12-
& Savs., com. (quar.)
convertible preferred
11-16
1
Ltd.—
75c
pfd.
1
J$l»/4
(quar.)__:
12-31
preferred (quar.)
Bank of Amer. Natl. Tr.
Banque Oanadienne Nationale
Reduced quarterly
11-16
12- 4
12-1
12-24
25c
40c
10c
——
:
common
Show, Inc.,6 ft
of Nova Scotia
preferred
12-
common!
Radio
12-15
12-
(quar.)
:
12-14
?
Works,
Bank
Holdert
7
2
t$l
t$1.62ya
cl. B
quar.)__:
12-21
....
Bangor Hydro-Electric Co. com. (irregular)
7ft 1st preferred (quar.)_.__.-_.__i_.
6ft
A
5%
1-
12-
(quar.)
12-15
(quar.)_..._.—___—...
Bank
Per
1
$2
monthly.__.___!
$2
12-
(quar.)
Mills,
Bank of Montreal
"
12-1
10c
Baltimore
announced in previoui
•
Gear
Ltd.
$1%
$1.65 convertible preferred (quar.)___._.
paid. The list does not include divi¬
announced this week, these being given in the
dends
Mines
—
jlOc
6y2 ft
1
(year-end)
Avondale
weeks and not yet
preceding table.
Gold
(quar.)
$2%
Co......
12-11
B
Permanent Mortgage
10c
...
12-15
Dominion
37y2c
(quar.)
preferred
6ft
Automotive
12-16
25c
Powder
Aunor
12-16
—*,—-
common—.:-
(quar.).
Coach
&
12-10
12-15
12-26
'
Corp.,
(s-a)
50c
Refining Co., common...-.
Atlas
Stone
Canadian Bakeries,
12-30
...
(year-end)
com.
11-17
;
Breweries, Ltd.
Class
12-30
Rayon Corp., common.'
Atlas
Bud
Canada Wire & Cable Co., Ltd.,
12-
(year-end)
$2.50 prior preference
'
;
(accumulated)....—.
A
preferred
1%
(consol.)—
1
11-13
(quar.).
(Conn.)
1
12-29
thereon)
Extra
t20c
(inc.)
12-
due
dividend
interest
Canada Foundries & Forging, class A (quar.)
$1%
preferred
non-cum.
$iy»
15c
40c
—
—...
.....
Checker Cab Co.
Yellow &
1
(year-end).—
Mfg.
Towne
&
Year-end
5ft
quarterly
1
Class
11-
1
$2(4
Co.
RR.
$1%
prior preferred (quar.)——
convertible prior preferred (quar.).
4y2ft
Yale
Line
Line
Atlantic Gulf & West Indies
Worthington Pump & Machinery Corp.—
4'/2ft
Coast
Atlantic
1941
1
12-10
1
Topeka & Santa Fe Ry. Co.
Light, 6% pfd. (quar.).
Atlantic Coast
:
1,
12-
2
Gas
Atlanta
4
12-
11-25
1-
12-
75c 1st pfd. (s-a)
1
12-
12-18
11-30
25c
com.
12-
12-18
.
div¬
and
quarterly
$iy4
Astor Financial Corp.,
Atchison
the
Aug.
$ 1 (4
Co,,
12-15
25c
;
12-16
20c
$1%
(quar.)—
Investment
$l3/4
t$1.8521
(quar.)
1
(accum.)
(quar.)
com.
6
11-25
12-
$1
Refining,
37'/aC
11-
12-11
12-15
preferred (quar.)
5ft
12-1
benefit" interest.—6c
&
preferred
Associates
12-1
r
12-28
Oil
6
1
7
&
$30c
Ashland
1
11-
12-
11-14
Canada
...
12-
1
12-
11-20
12-
10-30
12-
12-
1
$iy2
11-16
5
12-10
1
12-
$1%
1
12-
12-
75c
......
12-
5
}20c
15c
J37%c
j;$iy2
t$2
110c
Crushed
(quar.).
11-16
Sugar Co., Ltd. (quar.)
Canada Dry Ginger Ale, Inc. (quar.)
Canada
preferred (quar.
...
Dry Goods, 6ft 1st pfd.
7ft 2nd preferred (quar.)'
Asbestos Corp., Ltd. (quar.).
11-16
1
12-15
11-20
7%
1
12-
jlOc
1
12-
12-
(quar.)__u^___i____
12-
(year-end)...
5
11-23
12-
12-14
(quar.)...
common
11-
1
12-31
50c
(year-end)
1
12-
12-15
50c
Canada
Associated
12-16
12-16
11-20.'
12-28
•
.
Class B
12-
t75c
(quar.)____
(resumed)—
California Ink Co.__
12-15
.
11-12
$20c
12-15
.
12-4
1
__________
12-21
pfd.
pfd.
12-28
15c
(quar.)____
preferred
and
30c
6ft
Gas
11-20
t$1.8667
the
1941,
12-21
(accum,)
12-19
12-15
15c
due
$1.75
$3
Co,.——
Artloom Corporation,
11-30
11-30
11-30 t
12-15
12-15
12-15
$1%
——
12- 8
1,
1
2
1-
25c
$iy4
15c
35o
62V4c
6834c
(quar.)___
thereon)
(Representing
Nov.
11-28
12-
12-
$1
preferred
(representing
of
interest
11-20
12-15
Co.—
$1
Co,"___
(Del.), 7ft
Armour & Co.
pfd.
7ft
ft','
(quar.)......
$3 preferred
Natural
Arkansas
M.)
idend
$1
Armstrong Cork Co., common (interim).....
4ft convertible preferred (quar.)
Armstrong Rubber,, class A (year-end)
12-16
12- 8
12-24
Snowdrift
&
Arizona Edison
(A.
1
12-21
50c
(quar.)__,
preferred
Zinc
&
1
12-
25c
common
Co.,
Copper
Byers
7%
11-14
12-
Water
Butte
12-
$1
common
Bldgs., 7ft
convertible
Butler
1*
1
conv.
11-18
5c
$iy4
preferred
Corp.
Brothers,
5%
50c
(s-a)
Co.,
$2.75
,
15c
common
Archer-Daniels-Midland
Arden
1
12-10
5ft
11-20
2-23-43
12-
50c
$10c
(year-end)
'.v
Mills,
6ft preferred
12-
12-
(year-endj
Corp.
Cotton
Arcade
$1
6
1
3-5-43
$iy«
preferred (initial quar.).
preferred
(quar.)
conv.
Bush Terminal
11-10
15c
Apex Electrical Mfg. common.
7ft prior preferred (quar.).
Applied
1
J15c
....
•;
12-
$2
Anglo-Canadian Telephone Co., cl. A (quar.)
Angostura-Wupperman Corp, (year-end)....
Anheuser Bush, Inc. (year end)
11-
common-
Burroughs Adding Machine
11-30*
75c
American
American
11-30
(quar.)
Brothers,
$2.50
12-15
1-15
(quar.)
Co., 5ft
1-
$1%
(quar.).
11-20
11-25
(Los Angeles)
(quar.)_—;—
Sullivan Mining & Concen¬
Battery
Burlington Mills
$iy4
pfd.
&
12-31
12-10
Burgess
....
7ft
Inc.
trating
12-21
50c
Co
American Thread
12-21
$1
Company
Hill
$3(4
....
,
Refining,
Sugar
American
Bullard
12-16
(year-end)
preferred
Co
American
11-16
12-23
& Refining, common....^
Foundries.
American ;Steel
11-23
12-23
12-19
15c
(quar.)
1
10c
2
1-15
11-30
(interim)
Brunswick-Balke-Collender,
$5 preferred (quar.)
Buckeye Pipe Line—
$1%
;;
Inc.
Mills, Ltd.
12-
$3
Co. class A
1-
2 Va ft
(s-a)
(quar.)_
12-16
20C
4
Co..
11-13
$1%
pfd.
i.,_
12-
$1%
(annual)
non-cumulative
Shoe
11-30*
1
37y2c
5ft
(E. G.) Iron Co._,
Brown
12-15
12-
$$l,/a
;
Co.-
Motor
12-28
15c
.....
Service
preferred (quar.)_;
Bruck Silk
Sanitary—
(irregular)
preferred
'
6ft
1
3
Gas—
2
7ft
12- 1
12-22."
12-22
&
1-
American Smelting
12-12
25c
(year-end)-,..50c
50c
Co;—______________-
Power
12-26
(quar.)
(year-end)
Foundry (quar.)
'
participating preferred (year-end) ____!„..,
Electric
40c
12-
American
.
7%
Columbia
J$l>/2
!_
20c
$3
Equipment $1 preferred (quar,)__,__
25c
12-15.
12- 5
$1 preferred (accumulated)—_____
!"75c
12-15 ; 12- 5
Victor-Monaghan Co., common (quar.) —
$iy212- 1 ' 11-19 *
7ft preferred
(quar.)-—_________
$1%
1-1
12-21
Waldorf System
(quar.)
—25c
12-22
12-12
Ware Shoals Mfg., common (year-end) _____
50c
12-15
12-5
7ft preferred1 (quar.)„—____________—__
$l3/4 '• 12-15
12- 5
Westinghouse Elec. & Mfg., com.
pfd. (quar.)__
(Interim)
30c
American
Victor
Warren
& Co., 6ft
Co.
62V2c
preferred
convertible
preferred (quar.)
American Rolling Mill Co., common...,
Common (year end)______
12-1
v
12-
1
common..;..
7%
12- 1
-
——
75c
12-
12-
Common
11-30
12- 1
Co——--.
11-20
12-15
12-15
(111.)
American Radiator & Standard
12- 9
12- 1
Upressit Metal Cap,. 8% pfd. (accum.)
Utah Oil Refining (quar.)—————-
12-
12-10
15C
Co.
Ajnerican National Finance Corp»—
"$1 non-cumulative preferred (year-end)..
12- 9
12-24:
50c
$1
(year-end)——
(Del.)
12-15
50c
75c
6ft
12-19
11-19
•
$iy2
Breeze
11-14
12-18
American
50c
Co.
Match
Universal
1-2
11-30
.
Corporation (year-end)
Brewing Corp. of America (quar.
Briggs & Stratton Corp
12-15
1
American
•
••
10-24
12-
American
12-14
12- 4
12-15"
12- 7
12- 5
12-5
12- 4
1- 1
•'
—
Truck Lines
S.
..
Corp. non-cumu partic. pfd.
Guarantee
S.
-Special
..
(quar.)——t75c
preference
National
United
U.
&
75c
Fuel Investments,
12-15
12-28
5ft
12- 7
11-20
30c .-.12-15
——
Carbon-,,^,.,.,....*,.,,——
Ltd.—
United
United
J60c
American Laundry Machinery Co.
12- 4
12-22»
12-15
(interim)
Ordinary
American Machine &
11-30
12-24
1- 1
1-2
75c
75c
$l'/a
25c;
30c
(quar.)-—__
Co.
Carbon——_*—*——.
Union
Union
4
20c
$2 preferred
12-15
12-15
12-10
12-15
12-15
12-
10c
American Investment
* ,5
11-30
1- 2
12- 1
12-24
American
12-19
Inc.
(year-end)
—
TamblynnftG.). Ltd., common (quar.)
.
5ft
preferred (quar.)
Taylor-Wharton Iron & Steel (year-end)—
Tecumseh Products
—'T-.—;•
4
American
12-28
1- 1
Talon,
12-
12-28
of Rec.
Payable
Share
Brazilian Traction Light & Power Co., Ltd.—•
12-24
75c
conv, pfd. (quarj,
Home Products Corp. (monthly)__
Insulator Corp. of Delaware, com.
Convertible prior preferred (s-a)-_._...^
Company
Holdert
When
Per
name of
of Rec.
25c
(quar.)
Am- Hide & Leather 6ft
12- 7
30c
(s-a)_
Corp.
Strawbridge & Clothier $5
When
Payable
25c
—-—25c
(accum.)—
$l'/4
(year-end)
Brewers
Stewart-Warner
Company
Corp.
American Hardware
12- 4
"12-20
12-20
1- 1
12-15
75c
Name of
of Rec.
12-15
l-' l
50c
tl5c
J75c
R.) & Sons__
Stedman Brothers,'Ltd., common (quar.) ___
6% convertible preferred (quar.),—
Sterchi Bros. Stores, 8% preferred .(quar,)__
(E.
Holdert
Per
share
Holders
Per
share
Name of Company
Squibb
1915
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4129
156
Volume
(quar.)_
$1(4
12-
THE COMMERCIAL & FINANCIAL CHRONICLE
1916
Per
When
Holdert
share
flame of Company
Payable
of Rec.
12-15
11-25
40c
Community Public Service Co
Lite
ConlederaUon
(Toronto)
Assurance
—
12-24
12-15
12-
1
25c
12-15
12-
1
J3c
12-23
11-28
.IE '
(quar.)
Inc.
12-31
25c
Ltd. (quarj-—
Connecticut Light & Power Co,, common---.
r$2.40 preferred (quar.)—-—
1——
$2,20 preferred (quar.)—'
Mines.
Coniaurum
Power
Connecticut
Co.
55c
1
12-
5
12-
1
11-
5
12-
1
11-
5
62 V2C
12-
1
11-15
SlVa
12-
1
•
11-16
Biscuit
"
12-10
11-10
12-15
11-14
$i3A
12-1
11-16
J37 !'aC
12-15
11-15
12-15
11-
6
f25c
12-28
12-
4
:
12-
11-20
;
Consolidated Diversified Standard Securities—
Continental
(quar. i'_L————-
Co.
Assurance
Co,
(Chic.,
25C
1
•
-•
,
12-31
12-15
12-21
12-15
25c
12-15
Continental
'*<year-end>1
Casualty Co. (Chic., 111.) (quar.)*
30c
30c
12-15
11-14
Continental
Oil Co.
25c
12-28
12-
$114
12-21
12-20
11-20
Co.
(Del.)
(quar.)
Continental Steel Corp.,' common
(year-end)preferred (quar.)—1
Continental Telephone Co., 6Va % pfd. (quar.)*
7%
12-
(quar.)__„
57c
preferred
conv.
11-18
12-10
12-
12-
1
Electric,
15c
pfd.
Corrugated Paper Box, 77o
(accum,)
Crane
$3 A
preferred
convertible
Petroleum
Creole
11-25
11-1,4
$114
—__
12-24
871'^c
(s-a)__——-————
1
12-15
25c
__
(quar.)_,
Quarterly
11-2*5
12-10
___
Company, 5% pfd.. (quar.) —
Creameries of America Inc., com.
(irreg.)
•
12-10
12-
common
1
12-
1212-
1%
1
>
11-10
Crown
Cork
Seal
&
Co.,
Inc.—
12-15
11-30
12-20
11-30
3c
11-30
11-21j
i
12-
tSlla
12-
2
11-
$114
12-
1
11-13
——
Crows
Nest
Coal,
Pass
Ltd.
(interim)-—.—
Crown Zellerbach Corp., $5 conv.
pfd. (quar.)
Crucible Steel
5 7c
Crum &
77»
Forster
preferred
(quar.)—
Cushman's
Sous,
77c
Inc.,
Cutler-Hammer,
12-23
12-10
12-15
12-
12-24
12-
12-15
12-
40c
'
,
12-
1
11-20
12-
1
1211-
7
(quar.)_—
75C
12- 2
$l3/4
12-23
12-23
t$2
12-15
12-
11-14
common
—
—_
Detroit Hillsdale & South Western RR.
7%
preferred
-
Detroit
Steel
Devoe
&
1
$2
.
1-5-43
$5
12-23
Class
.
Raynolds,
A
,57c -preferred
Devonian
Oil
Diamond
class
common
Co.
Alkali
A
75c
(quar.)—1
(quar,).,
1
1
12-15
j
Diana
12V2c
15c
Stores
'
6%
Corp.
(quar.)
com.
preferred (quar.)--
1
•
12-
1
Distillers
11-13
155 Vic
Dixie-Vortex Company, common
(irregular)
Dr.
Pepper
Casting Co. (hiterimi
Mines. Ltd
Dome
Dominion
6 7a
6 2 V2C
Foundries
preferred
&
t40c
1-20-43
12-31
25C
———
12-
♦$1V4
—
'.7%
,57c
preferred
12-
Co.,
(E, I.,)
.
'67c
preference (quar.i
Eagle Picher Lead Col. com.
,67c
preferred (quar.)
East. St.
6%
•
4 V2%
.6%
Gas & Fuel
50C
'
; 5
$1 Va
12-17
11-23
1-25
12-15
11-24
1-1-43
5
12-15
1
11-10
12-
1
1-1.
conv.
preferred
57c
conv.
pfd.
Paso
"77c
preferred
(quar.)
series 1941
Electric,
6A -pfd.
A
7 7c
preferred
Electric
Boat
Electric
&
1
11-10
.
12-
1
11-10
12-5
1-
12-5
,
Ordinary
20c
'■ 67c
'
12-15
11-30
12-15
11-30i
1-15
60c
—
$l3/4
:_*_
_______
,
50c
12-31
Empire & Bay State Tel., 4 A
gtd.
1-15
12-31
12-28
•-
(quar.)__
(quar.)
12-11
12-
1
12-10
11-25
SI
1-4-43
12-
1
11-20
12-20
12-
5
SI
12-10
12-
Ltd. (irregular)
Emporium Capwell Corp.. com. (.quar.)4 Vs-7c
preferred (quar.)
12-15
11-30
50C
Empire Star Mines Co.,
Emsco
'
35C
Derrick
&
Equipment
ivear-end)——*
(quar.i
preferred (qugr.)
preferred (quar.)—
—
Co. of Canada.
'S3 hon-cumulalive class A
Ltd.—
&
35C
12-15
SI *4
1- -2
12-
•
4,
11-25
12-14.
Pittsburgh RR. gtd. stock
Sl3's
1-
2
2
12-14
(quar,)
175c
—
80c-
12-15
'
'
-
1-11-43
iron
120c
■
11-17;
1
8 4
11-16
12) 1*
'SI A
"-1-. 2
11-13
12-10
11-30
>
11-
12-1
1
.
9
11-13
V
12- 1
10-31
12-11-
11-27
12-26
12-10
50c
1-15
12-19
12-15
11-30
1
11-
5
25c
12-15
12-
1
50c
12-31
12-1
25c
12-
1
25c
*
12-
1
12-
payable
11-20
12- 1
'
12-20
12-10
12-15
12-
•2-
1
40c
,*
1-2
-•
Laughlin
preferred
-
Drug
•$4.50
Kellogg
12-18
Kendall Co.,
*
Kennecott
Smelting
-
11-14
12-
Corp._____________
(year-end)
$6
1
11-13
;
11-12
partic, preferred A (quar,)_
-
12-21
12-21
12-18
11-30
:
11-10
11-17
1
:
-__-__-__i_c-_j._i.__-_
Co., '6$
Paper,
'
-
(quar.)
;
;
$2
12-10
12-
____
(D. Emil)
&
Co.
Corp.
57o
pfd.
com.
62 Ac
I quar.)
25c
(quar,
5rc
preferred
■'57c
preferred
12-
12-
5
''1-15
1
La Salle Industrial Finance Corp.
70c class A
(quar.)v.
Lake
1-
8
11-16
12-
Shore
Mines, Ltd.
preferred
77*
preferred
Lane Bryant
12-
12-
25c
„
11-16
12-
(qu.)
com.
T'.
11-20
12-
11-10 '
11-20
11-20
43c
-
11-14
12'
.
,
'
12-
11-12
1-6-43
12-23
12-
4
12-24
$4.50
Lpath
Lee
(H.
D.)
pfd.
1-1-43
12-24
12-14
Lehigh Portland Cement
47o preferred (quar.)
12-24
12-14
Leland
12-
1
11-16
Leslie
$1
12-15
12-5
50c
12-15
12-
$114
1-2-43
SOc
12-15
12-
25c.
12-16
11-16
12-15
12-
5
12-
1
25c
12-11*
1
12-
-
•
12-15
5
12-
$1.06 A
1
11-24
12-
1
11-24
*
11-16
12-14
12-
••
$1.57
12-
1
11-20'
PapervCo. of Canada (quar.) '
Class
■
(quar.)___
B
12-
1-
12-24
12-14
15c
1-29-43
1-19-43
425c
12-21
12-
5
7%
Link
12-
1
11-14
12-
1
12-15
12-2
,
11-20
1
11-14 '
12-31
12-24-.
12-
1
11-
9
12-
1
11-
9
12-
•,
12-28
12-12
12-
5
.11-20
$1
1-2-43
12-14
(quar.)
12-
12-15
11-21
1
11-10
12-15
11-27
$1%>
'
;.
25c
40c
12-
1
11-20
11-2
Co
Inc..,
'
Gommon
11-10
.12-1
,11-10
12-
1
11-10
12-
1
11-10
1-
1
3c
•
(quar.)
-
(quar)
common
11-
1
75c
—
1
$134
_____*
(quarh
1
12-
12-
25c
.
12-
40c
75c
25c
preferred
'6V2f/o
3Qc
37 Ac
11-25,
..
50c
preferred
Glass Co.__
Petroleum
Belt Co,
■
11-16
50c
L_"
(quar.)
Lincoln Stores,
15c
r.
12-5
.
12-11
11-30
4.
12-21;
1
2
1
Co.—
__^j.
preferred
Lincoln
2
12-15.
$l3/4
25c
Extra.
77c.
1-
12-
"
62Ac
Savers Corp., common (quar.) _J
Special
Liggett & Myers Tobacco, common (quar.)__
L
11-14
12-1
62Vac
Life
Extra
1
12-15
'V
*■
Company
(quar.)
Libbey-Owens-Ford
.
11-14
1
(quar.)Sl'/a
l.exir.gton Water, .7%
Co.
1
10c
(quar.) __—;
12-24
Salt
12-24
12-
..,
25c
Mercantile Co.
5
12-23
12-23
$1A
.
preferred
15c
.
12-
12-31
12-31
,
420c
,
$1 y#
(quar.)_
1-15-43
12-15
(irregular)ELh—. A:..25c V, 12-15
$2.50
Electric
12-18
2-1-43
,
' 4$1A
(quar.)___
convertible
& Co.,
1
1-2-43
430c
(quar.)_'„__
$1V4
(year-end)
30c
$1V4
(quar)
50c
preferred'(quar.)
2
12-11'
12-21
11-17.
12-
11-23
1
12-1
11-23
12-
11-, 9
1
$1.62V2
1-2-43
25c
12-23
12- 7
15c
11-30
11-12'
35c
—___
11-30
11-12
12-15\
11-14
75c
12-21
12-
5
Lion Oil Refining
Lionel.
(quar.)—:
Corporation
(quar.)*_
Extra
Hollinger Gonsolidated Gold Mines,
12-14
17Vic
Inc. .(quar.)
Co.
11-20 /
15c
33.4c
.
(interim)—
11-27-
12-14
50c
$1V2■
(quar.)
S1V*
i
.
"
,
.12-11
40c.
.
SLA
■
.
"
1.
11-16 *
11-30
25c
Lahe-Wells
,
;_*_
11-14
$lVa
25c
(quar,)__
12-1
Lang (John A.) & Son (quar.)_'____J.
L. I7V2C
Langley's Ltd., 7% conVj pref. (accum;)—*_,
450C
l.anston Monotype Machine
(irregular)
:
$ij/4
Laura Secord Candy Shops
(quar.)___'
.
,
20c,:
Lawyers Title Insurance Co. (Richmond, Va.)
6%
preferred (s-a)l-_________—i
$3.
Le .Tourneau (R. G.V, Inc., common___„
25c
,
end)
(quar.)
11-18
11-13
-
common____-__i
11-30
12-5,
'
;
pfd.
12-
$1(3
::
preferred "(quar.)
,$'2.50
11-30 '
.
Co,
'
12- 1
12-15
'
-77c 2nd preferred (quar.)$1%
Kuppenheuner (B.) & Co. fs-al__"L.L_'_"___—"..•** 50c
Lake of the,Woods Milling, com.
L77c preferred (quar.)—'
12-11
12-15
$l3/4
(quar.)L.
Landis Machine Co.—
1-
25c
Brewing...-
Mfg. Co., class A
•
1-2
.
10c
.
Co.,
1st preferred
12-11
5c
12-21
SlVr L-20-43
preferred series A - (quar.i
He.vwood-Wakefield, .57c pfd. B (accum.)
Hibbard, Spencer, Bartlett-& Co.—
Monthly
Monthly
1
Hinde & Dauch
&
12-11
$1V2
12**. 1
50c
(quar.)
conv.
H.)
L
•
pfd.
Lake Superior District Power, 5% pfd. (quar.)
Lamson & Sessions Co. common
11-16
1
87 VaC
(year
Corp.
11-16
12-16
50c
'•
Chemical
$lVa
non-cum.
25c
_
Hecla Mining Co
Heileman ' (G.)
;11-14
12-1
UVs
issue -(quar.)
Corporation
(quar.)
1-20
1-1
12-23
-SlVa
•
(interimi
4 ¥2 7c
1
7
___•
com.
(S.
67*
11-14-
1
12-
60c
•
(quar.) j.(quar.)i_j____
(quar';)___2nd
preferred
1
2-1-43
v
50c
Laclede-Christy Clay Products Co.—
12-16
12-31
12-
12-
11-27
12-1.
1
11-17;
65c
■-
__:
Mines
1
12-
12- 1
-'$1
,
preferred
(quar.)
Gold
12-
12-15
tlOc/
(quar.)_r_"____
common
12-15
75c
25C
-
11-10
12-10
6%
'
1-
) $1V4
11-21
*
12-24
$2
-
commbn_______-L__-—
8%, special preferred lquar,)____^_„j.___L_
Kroger Grocery & Baking, common (quar.)_
11-20
1
12-10
-
1
12-1
'
Kress
12-
75c
>
12-
25c.
11-27
Creamery (Cal.), com, (irreg.)
Kobacker Stores, Inc., 77c
preferred (quar.)
Koehring Company
"
Kresge (S, S.) Co, (reduced)______________
11-18
1
12-31
4 3 34c
1
11-28
Extra
25C
-1
1
12-
11-20
,
12-15
■
1
12-
12-15
1
Kilburn Mill
Co.—
(irregular)____
12-
12-15
12-
Knudsen
12-31
"
11-30
12-15
2
12-15
12-24
•
(quar.-)
preferred
^
_i*__
_-___L.__-___.___'
—
-
1-
25c
V $lVaLj
•
"
11-18
1
475c
(quar.)-_______t.„__^__-
12-15
25c
,
.
(quar.)
12-
12-
12-7
25c
.
Co
Kinney Mfg. Co. $6
343bC
1-1-43
$1V4
_
Kingston products Corp,__y_j_y__;LJ_____L_;
____
12-7
SIVe
(extra)
11-20;
12-
12- 7
1-1-43
37U2C
com.
11-20;
50c
12-17
1-6-43
Kilburn Mills
1-
175c
II- '
1
SOC
(quar.)
12-15
■
12-10
1-
$l»/4
12-15
$2
11-25
12-24
12-15
6%
(accum.)__L_y
12-1"
11-10
12-1
$1A
—
10c
12-
12-15.
50c
Copper
Kimberly-Clark
$13,4
1*
$1
Klein
"
12-1
12- 1
$134
12-
-
11-18
30c
..
15c
$1
1
12-15
50c
.
(quar.)
(quar.)
&
Special
k
;
12-.
12-
Key West Electric 7% pfd. A (accum,)_____ .
$3Va
Keystone Steel & Wire (year-end)25c
1
12-22
2
5-15-43
50c
(year-end)—
11-19
12-15
-
11-30.
$1A "
________j_
Company
12-11-;
12-
1
common
preferred, (quar.)
com.__:
preferred
conv,
11-14
12-15
•
5%
common
(Julius)
12-15
62 VaC
—
Co.
12-31-
1-
(year-end
75c
11-19
12-15
$1
(year-end)
(quar.
preferred
12-15
75c
.'..c 50c
—
Kaufmann Department Stores,
'57<-
50c
-
(year-end)50c
Co., Inc.
Steel
B
Kayser
$1V4
-
'
(quar.)
11-30
•
.
y
Mfg. Co*, vtc.
12-12
"12-22
25c
-
Katz
1
■1-2
12-10
50c
(quar.)_—L '
tax
.
50c
v
Co
Gas
preferred A
5%
•
Canad.
J6y-Manufacturing (quar.)________-__,
; ;;.20c
12-15
11-28 L
K. W, Battery Co.
'(extra)___^_,__30c■/,;.■ 12-15 A-12- 5
Kalamazoo Vegetable Parchment
15c
12-15
12- 4
12-15 v
$114'
■
&
less
Corp.
Corporation
preferred
<5%
12-15
•
1-2
-
-30c
'•••
Co.
_L.-_LL_i___.
Watch
Rock
Extra
12-
40c
Co.____________
Silver
Fireman
7 7c
'
$iv2
Salt
Johns-ManVille Corp.
*
!2-
12-
$ 1 V'4
(quari)^__a_i__^i_^-_^t._-.
* preferred
Hobart
12- 5
25c
(s-a)
Jantzen Knitting Mills
Jones
Water
preferred
Heyden
12- 5
12-15
■■
,
(s-a)
Natural
Intertype
11-12
12-15
$1
Hires .(Charies E.),
11-30
1
12-
2-1-43
$1V4
Western Brewery
convertible
12-14
1-
462jic
11-15
11-14
1
'
)
(quar.)
12-
12-1
L12-12
(quar:)
4V» f'c
12-21'
•
Equity Corp., $3 convertible, preferred—
Erie
1- 2
$1 Vs
35,50
$6
English Electric
12-15
56 !)c
—
Interstate
50c
50C
common;
Hein-Werner Motor Parts Corp.
1
'
12-15
$134
(Canada),
funds
Products
international
11-25
$l!A'
pref. (accum.
Harnischfeger Corp.
■
11-16
50c
Co.
shares
shares
11-30'*
9
25 c
Corporation common
Hazeltine
12-28,
Slti
$2.25 participating stock "(accum.)
Engineers Public Service Co., $5 pfd.
75c
Hartman Tobacco Co. $4 prior pref. (accum.)
Hawaiian Commercial'& Sugar Co. (quar.)__
liazel-Atlas Glass -(quar.)_•
•
,
pfd.
(N. Y.)
"Bearer
12-
SlVa
(irregular)-
com.
Registered
;
12-15
10c
•
*
Paper Co.—
Harshaw Chemical.
Ltd.—
6 7o
pfd.
Hard
11-30-
62V2c
$134
— —
$6
12-15
SD'a
registered
Empire Power Corp.,
2
,
Mills^«____
States
International
(quar.)^__i_i.j.z___*_
lianna (M. A.) Co., $5 preferred (quar.)___i
Harbison-Walker Refractories, common.;
11-16y
1-2
62 Vac
_
:11-30
$ 1 34
Pacific Tea Co., common—
preferred
7 7r
•
12-24-/
12-1
Petroleum—
International
__
preferred' .(quar.)
Hancock Gil Co. of California, cl. A (quar.)
-Class B (qu(ir.)__:
ij.i_
Hanley (James) Co.,. common (quar.)
•
(quar.)-*"
(quar.)
Co.
11-30
1-
683)c
(quar.)—~~~
Corporation
Hammermill
12-15-,
12-
SlVa
—
(quar.)
Musical Industries,
12-15
4V2%
1
$1V4
(quar.)
Ei Paso Natural Gas, common
stock)
convertible preferred (quar.)
$$ pfd. (year end)
Hamilton
,
.
5'7
1
1
•
Mines, Ltd. (quar,-)_i_l.c__—'
Halle Brothers-Co., cbmmon-__;_-__-_iiL______J
12-15
1
International
1,
1212-
•
—________
partic. pref.
,Year-end
x
12-24
SOc
Nickel
United
1
Hallnor
j
1-
12-
12-
12-31
'
in
1
1-1
.
11-10
.
(quar.)_——
77c
11-20
,
,12-31
,
;
'
12-31
$1 </'•
(quar.)__y__________
Hosiery
11-20
1
:.
*
Company
preferred
$12 VaC
•
Co.v common^ (s-a)
preferred A'(quar.)__-___:___
$2.40
12-
.
(quar.)—*——-————
v2 rc
'67?
T
SIV'a
Ep/stman Kodak Co.,' common (qtiar.)-'—-
El
11-27
1
(quar.)
Hale Brothers Stores
,
75e.
com.
Ltd.
Oil
•
v
12-
_______
Stores
12-
<77c
International
11-20
.
12-1
25c
(year-end)
Interstate
■
preferred
$6
com.
Northern, Paper,, common—
Hajoca
11-24
$13/*
^
—„—
Brothers
12-15;
115c
_______
Mobile* A: Ohio,
I,
,
12-15
'67c preferred (quar.)
SI Va
—'
-$6A preferred .(quar.i
$1.62 Va
Eastern Steel Products'(quar.)—_*___:
4:25c
Edison
A
Hackensack
1-8
SDV-,
;
(accum.)-"
preferred
12-15
12-31
1$1V4
(quar.)
'
Co.
Gulf
1
Eastern Shore Public Service Co.—
6 7c
12- 1
12-31
-
25c
12-15
30c
—
(quar.)—
-30c
Special
12■
25c
Group Shares
7 $ 1.3 8
•
prior pfd.-(s-a)
Gulf
v
.
(year end)
———
W.)
Lakes
12-15
12-27
-
11-11
*
1
.
Interlake Iron Corp. (year-end)
International Cigar Machinery
(quar.A,
international Harvester Co_ com,
(quar.)
,
11-20
"
Consolidated * Mining
Class
Great
Associates—
prior preferred
preferred
.
1
$1 J 'a
11-20
C
12 Vac
Co.; common____:__________'
Fisheries
Co.,
Griesedieck
11-23-j
12-14
$1
-
(quar.)—-—-D—
(quai*.)_-_'——
77c ' preferred
Eastern
-
1-15
11-30
5
Louis & Interurban Water—
preferred
,
$ 1 3'4
15c
(yr.-endt
com.
S4V2 preferred (quar.i—————D'arez Plastic & Chemical common (quar.)—'
12-
12-
12-1
17 V2c
Great.Northern Iron Ore Properties—- •
'Certificates of beneficial-int, (year-end)_
'
11-20
2
25c
+
—
de Nemours
I-
Aviation
*
*•
37 Vac
y
€orp,___
Class B partic.
11-20
1
12-1
JS1V4
(quar.)
—
Pont
S50C
_____________
common
Doyle Machine & Tool (quar.)
Dravo Corporation, common—h.__—
Du
12-
5
11-17*
$1'
''Preferred
IS1V)
12-
,11-30
12-
$lVa
Inland Steel; Company, (year end)
Institutional Group Securities—
■
11-15 ;
1
1
12-15
11-16
11-20
$lVa
Ingersoll
1
Rand
11-16
1
$1A
_________
11-13
12-15
12-31 "
50c
(quar.)
12-
12-1
-
"
»
(quarterly)
preferred
12-
35c
preferred (quar.)_
'
i.—
7% preferred iquar.i
f
11-14
1
'
..
Investments—
(accumulated)
Textile
11-20%
11-17
(Western)-—
1st preference '(quar.T
Dominion
1
11-30
S1V4
■
Envelope & Cartons
12'
'
Dominion-Scottish
'77c
Great
t$D i
Dominion;
1
.
437VaC
Bank of Chicago—
12-15
S2
'
-
12-1
$1
National
Gommon
"
50c
i—;
(quar.)
Atlantie &
Great
410c
.
12-15
(payable in U. 6.
tax)-—:
Great American Indemnity Go. (N. Y.)—
r
; Common (s-a) *L____j:_y-yi.L._^LL__—._
11-1
J
(quar.)—
12-
funds less* Canadian
12-10
Dominguez Oil Fields
L.
L
25C
25c
..
9-29
-
12-
412VaC
industrial Acceptance 5% conv. pfd. (quar.)
$2 non-cum. class A (resumed!__________
•4Va%
y
12-7
.
(quar.)__
12c
12-20
12-28
■
3%
425c
common
11-20
12- 5
(quar.)._i__,_._L.-
Publishing,- 7#>
preferred
(H.
Power
9-26
^Quarterly
11-13
-
Mills,* 57c'-
G-ranby
1
;
$1 Va* conv. partic. pfd.
(quar.)
Indianapolis Public Welfare Loan Assn.—
1
(quar.)___^.w-________-'
Manufacturing
Gossard
Ltd.— '
Steei,
-Extra
12-15
common--^_____-_^.
$5 pfdi
(B. F.)
conv.
Gosnold
12-10
2
85c
50C
(monthly)
Dominion & Anglo Investment Corp./Ltd.—
5#: preferred (quar,!.'•
5 7c- preferred
(irregular)
-
.
'
1-
_
__________
(year-end)"
Co.
Doehler Die
$5
12-
%
11-16
(s-a)
62 V2c
t
Wares, Ltd.
Cycle
Gorton-Pew
12-5
12-18
«.
12-
(quar.)__
(quar.)
Falls Insurance CO.
Gorham
1-15-43
25c
shares
Imperial Varnish & Color
:
11-30
2-1-43
—
(Class A (quar.i—^—1——
■.
12-15
$1»4
Corp.-Seagrams, Ltd. com. (quar.)
pfd, (quar.) (payable in U. S. funds)-
57c
fBearer
.
Industrial
-
(year-end)
preferred (quar.)
Goodyear Tire & Rubber
11-13
-—_____________
Steel
Goodrich
5
$l'/a
'
12-
Industrial'Bank of Hartford*(quar,)________
y'Sfr
11-25
12-
:t.
12-11
1-1
+75c
(quar.)
12-11
:
^
Shareholdings Corp.,
44/1000th Share-of
Golden
11-25
1
CO
—
__
1
12-
1
$2
preferred_-___
11-20
'• :l
(quar.)
or
preferred
Glen
2-10-43
12-
50c
————L_—;
Dictaphone Corp., common'(irregular.)—
3r/r -preferred (quar.i
3-1-43
85
11-13
75c
——
•
87j/2c
■*
Giddings & Lewis Maehine Tool (year-endix
Safety Razor com.-(year-end)—__
3
1
12-
5%
12-1
Gillette
11-30
12-
11-20
-
Co.,
Imperial' Oil
$1V)
common
(quar.)
Globe-Democrat
11-30
12-12
37V2C
(quar.)———
11-16
1
i
(s-a)___——
Power
12-15
•
,
12-21
'
Corp.;
Georgia Power,
preferred
11-20
;L.
Diamond Match Co., common—_1_——_
6% participating preferred (s-a)—_—_
Co.
1
$1.12 Va
(quar.)__-
1' $6
11-20
12-
50c
-.a—.
12-
$114
•
-
12-
12-
'-12
(Leased Lines)—~
35c
lquar.)
Reinsurance
General
^
11-20
25c
______
1
25c
common.
—
12-18
12-
11-18
15c
y,
"v.
'
preferred
(cash
12-23
25c
i——1
(year-end)
Co.,
Manufacturing
General
y
12-19
$l'/4
(s-a)
,(quar.i
Corp.
&
preferred'
General
•,
Detroit-Michigan Stove Co.—•
,
»'■
common_2__k____
Motors
11-16
30c
(N. Y.)
7%
•
1
pfd. ,(quar.)_
(initial)
'
11-10
-Quarterly -——D—
A————_
4$33/4
1-2-43
Company—
•,
Registered shares (s-a)_______425c.
12- 1
■
•
*
^
(annual)
Cigar,i 7%: preferred
11-20
preferred (quar.)—1
Derby Oil & Refining, $4 conv. preferred
Detroit Gasket & Mfg., 6% pfd. (quar.)____
Dentist's Supply
Co.
General
,
1
11-30
11-24
12-
conv.
Imperial
12-23
$1
Iowa
(quar.)
17V2C
General
11-14 \
12-10
(quar.)—_—
5fa7c
Gelhnan
y
,12-
35c
1
:
12-31
11-30
•
(quar.)-_^__^________
General American Corp.
5
$1JB
$2
Ltd
.81
guaranteed
!2VaCJ ■•'12-15
5
J3c
Belnite Mines,
(Julius)
12-21 "
Corp.
Imperial Chemical'Industries, Ltd.—
•
-American dep. rets.' for ord. shs.
(interim) '
Life Assurance Co. (Toronto)—
•
5
'
12-10 -'
11-14
40c
^
'
Gaylord Container; common-___..^L„_iJ._L
11-16
1
12-15
12-
1
10-31
12-18
"Mtge.
Illinois Municipal Water 6%. pfd.
12-12
12-15 »
12-1
12-31
-4%
12-12
12-
-
-
11-10
30c
.
Refining
Erie
&
Illinois
*
12-12
*
12-22
__1
.
11-27
tS31,a
preferred-—-
Inc.' (year-end
12-22
12-22
60c
Industries, 57c pfd. (quar.)
Gatineau Power Co., common (quar.)^^___^
57c preferred (quar.)_
':5v2 'r preferred (quar.)
12-19
$1
12-12"
$l Va
eonvertible preferred -(quar.)
•67c
1
)25c
——
Dayton Power & Light, 4 A "A pfd. (quar.)
Deere & Co., 7'c preferred (quar.)————
Delaware & Bound Brook RR.
Co.,
Garfinkel
11-12
1-2-43
12-22
11-16
1
68Ac
&
Illinois Central RR. Co.
12-12
6'VsC
>
(quar.)
.
preferred—
prior
(year-end)
Corp.
11-30
$3
12-22
5c
1
11-16
12-
'
11-10'
12-1;
12-
V
1
12-
12-1
45c
1- 2
Oil
Hussman-Ligonier, 5'/a%
Hygrade Food Products
1
12-15
(year-end)
preferredGandy Bridge Co.__'
1
52
—
Publishing Co.,
Trailer
8
12-
SlVa
—
(quar.)—.
■
Curtiss-Wright
12-
12-15
,
5
12-15
25c
convertible
5"c
12-
83/4c
$1A
,
30c
(quar.)
12-1
-
12-15
pfd.
$1
V
25C
Y) .5%
11-16'
11-16
1
(N
12- 1
12-14
'
Co.
12-1
12-
Gar Wood
preferred (quar..)—...
Cunningham Drug Stores—
6% -class A prior preference (s-a)
Curtis
Fruehauf
Corp.—
4A%
Inc.
Press.
Co.
v
12-22
$l3,i
Shares
Insurance
Crum & Forster 8').-preferred
Cuneo
$2
$114
Co., common (year-end)
preferred (quar.)
——2''
conv.
Sulphur
Hardart
SlVa
$13A
12-31
75c
-
Freeport
'
11-13 ■'
SlVa
'7%
$1 Va
Stores, common -(quar.)
•
preferred '(quar.)—■
Foote-Burt Co.- (year-end)_=._—
5 >
7
12-11
11-30
Fibre Corp., 6% preferred——.
Water, 6% preferred (quar.)—
preferred (quar.)
Huron
$2.50
11-30A
12-15
12-3-1
40c
11-25
12-14
(qua£.)—
Four-Twelve" West :Sixth
12-i5
5C
$1V2
..
.
C.)—-
11-27
12-15
•
Fair
Food
1
'
12-26
1-1
-
1
4
11-23
12-11
12-21
12-31
>
12-
11-30
12-21
j;$i
SOc
(quar.)^__;_
preferred (quar.)
Corp.,' 7% preferred
(77c preferred A (quar.)
!'
5614 c
,—
A
Florida Power
/
preferred (quar.)—1—1—_—
Drug Co., common——
$2.25
Crown
•
:—i.
common
12-15
15c
f$lV4
,
Huntington
-12-43 4
15C
Connell Dredge & Dock—
Company,
25c
,
5
12-15*1
1-2-43
62>/aC
-L25c
•
;
$41 i>
>'
10c
(initial)——
Crown Capital Corp., class A
^
(quar.)
(St. Louis)
450c
Hummel-Ross
12-11''
4-1-43
(quar.),
pfd.
Jersey City
_L,
-
preferred
Flintkote
25c
———
of
Fitzsimmons Stores—
1
Mfg.—
; Common (irregular ——i
1-2-43
$2Vi
-
„
15c
Rubber, 6 7c
12-
.
Houston Light ■& Power, common - (monthly)
Hudson Bay Mining & SmeUing________,____
25c
A
11-18
12-15
17%
&
of Roe,
12- 8
50c,
.
non-cumulative partic. pfd. (quar.)___
6% non-cumulative 2nd partic. pfd. (quar.)
12-15
f
(A.
Horn
$ 11/4
class
(quar.)
Oil
Humble
25c
..
Electric
Wheeler
Crocker
&
Fitz Simons &
*.
25c
Cornell-Dubilier
12-18
$1V)
Fisher Manufacturing Co.__^
Fishman (M. H.) Co. (quar.)______
1
12-10
3-18-43
3c
y
,5V2^ preferred (quar.),
Fund Indemnity (S. F,)
(quar.>__ -
First Nat'l Bank
11-18
11-30
11-14
(quar.)__!
First National Bank
11-30
11-25
4-1-43
Horn
•
11-16
Firemen's
12-15
20c
(quar.)_i_!—
(quar.)
B
Firestone Tire
SI
1
12-22
12-
5c
:v
12-15
62 ta c
Copperweld Steel Co., common
'Class
11-10
11-30
(quar.)_
of America
Co.
11-16
1
50c
Corporation
A
7
20c
.
B
1
12-
410c
y
11-14 '
1-2-43
•
$4 preferred
1
1-2-43
$1 = 8
7% -participating preferred (quar.)—
Cook Paint & Varnish Co., common (quar.>_
Works
Screw
&
12-
Holders
Pay'ble
$1.80;
(Cal)
Rapid Transit, 6% pfd. (quar.)
Co. of Texas 6% pfd.-__'_____y
Hooker Electrochemical 6% pfd,
(quar.) ____
Common
(quar.);
12-19
1-1-43
-15c
«.
—
Finance
12-10-
$1%
Can
Continental
(quar.)_
ll-25s
Fifth
'
class A (accum.)
Insurance
Ltd. (qhar.)
Oil Corp', (quar.)
Houston
$2 Va
Shops com,
& CO.,
When
Shan
Honolulu
5
(Syracuse,
Federal
Federal
50c
——
5
11-
(quar.)n-.l-
Federal
111.)-—
50c
Quarterly
11-
25c
—_L.___.___
——
Par
y
Dew,
1
25c
preferred is-a)—;—a.—
Light & Traction Co., $6 pxd, (quur.)
MoguTCorporation -(quar.)
57c
Honey
1
50c
(quar.)
Bake
11-20
12-
-
-
Faultless Rubber Co.*(year-end)______-_
Federal
Consolidated Film Industries $2 pfd
Paper
Y.)
(Henry)
12-
(quar.)_„
Brewing
Quarterly
$2.50 non-cumulative preferred (s-a)._,—
Consolidated Edison Co. of New York, Inc.—•
-
.
____
(quar.)
(quar.)__—
Farme'rs & Traders Life Insurance
.N-.
1
>
■
,
Home Fire' & Marifte
Honolulu
preferred
Co.
&
1
>
12-1
15%
Nickle Mines -(irregular)
Corp. com. (quar.)
-i„j:
6';^ preferred
(s-a l
Fansteel Metallurgical, $5 prcferrea tquar.)L'Falstaff
25C
(irregular)__—
Corp.,'class A—,——
Consolidated Cigar Corp.—_
7% preferred (quar.)——1
Consolidated
Morse
Fajardo Sugar Co. of Porto-Rico
f$1.05
Co.
Consolidated Cement
5 Vf
Inc.,
Fairbanks
12-
•
i'
Holt
1
10%
(interim)
Faber, Coe & Gregg
40c
Consolidated
stock
12-10
$ 1V4
Falconbridge
—1
(quar..)
(qUar..)__w^_,^._^„___„„__
12-
12-10
•
50c
Ready Co. (Gt. Lritain), Ltd.—
stock (interim)
Preference
Eversharp,
Connecticut River Power Co.—
'67c " preferred
preferred A
,
Name of Company
Payable; of Reel.
■.
50c
beneficial interest,
of
Holders
When
share
i
.
'Ordinary
55c
(quar.)
$5
Ever
60c
1-
Company
Railroad "Co.; cdmmon—
•Ctfs.
UlVa
Congoleum-Nalrn,
Per
flame of
Erie
Monday,' November 30, 1942
Ltd.—
45c
12-2
11-18
(Continued
on
page.
1945)
Volume
Stock and Bond Sales
DAILY
delivery sales are disregarded In the
Cash and deferred
NOTICE
we
furnish
during the current week.
Stock Exchange
Nov. 21
Daily Record of U. S. Bond Prices
WEEKLY
-
Securities
Nov. 24
Nov. 27
Nov. 26
Nov. 25
[High
2'/as, 1952-54
iVts, 1947-52.
—
—
—
—
—-
—
—
—
Total
[High
—.
— 7
.
Total sales in $1,000 units
28
[ High
Total sales
III
III
—
—
—
Total
Low
2y3s, 1967-72
—
units___"_—
j
—
'High
v,—
—
\
...
—7
" '
—
Total sales in $1,000
Low
___
[High
Low
[Close
.Low
[High
ayes, 1954-56—
:
,
Low
—
[Close
Total sales in $1,000 units
—
—
[High
High
1947
2s,
Low
'As, 1949-52.
Holiday
units
■—
[Close
3
•
Close
—
—
"
Total
[High
2s. March 1948-50
Low
3s, 1946-48
sales in $1,000
Total
Ill
High
110.3
f High
.
Total sales in $1,000 units-
[Close
Total sales in $1,000 units
23
High
High
[Close
[ High
\ Low
Total
in $1,000 units
sales
—_
[High
—
—
Low
1951-55
2s,
Total sales in $1,000 units
Close
Total sales in $1,000
units—
—
High
[ Hlgn
j Low
Close
Total
Total sales in $1,000 units
Federal
—
High
sales in $1,000
units-
[High
Farm Mortgage
Low
3'As, 1944-64
—
Low
2%s, 1960-65.
Low
1953-55
2s,
[Close
[Close
,
Total sales in $1,000 units
Close
units
High
103.5
Low
[Close
103.5
—
1944-49
3s,
High
■
—
Low
1945—
Total
Close
Home
sales in $1,000 units—
sales
in
[High
■
Low
[Close
Total
sales in $1,000
units
[close
(High
-j Low
[close
l'/as, 1945-47
f High
■{
1
r
3s, series A, 1944-52
Low
sales in $1,000 units
214 >, 1949-53.
103.5
$1,000 units
Owners' Loan
[High
■{
1948—
Total
—
[High
] Low
-
PJncja
III
2%s, 1958-63.
I%s,
Low
[Close
units
1950-52———
2s,
LOW
Total sales in $1,000
—
—
sales in $1,000 units
Total
1949-1951—
Total sales Jn $1,000
$1,000 units—
f High
[Close
»%s,
Dec.,
2s,
Low
Close
.
1949-1951
104.27
[close
Total sales in $1,000 units
2%s, 1956-59.
Sept.,
2s,
104.27
I
—
"■
[High
:—■{ Low
104.27
—7
2%s, 1945-47.
-
Low
[Close
>'
I
—1
2s, June, 1949-51
109.13
Close
Total
$1,000 units
[High
109.13
units—"
23As, 1948-51.
sales in
109.13
Low
■
[Close
Total
5
High
2%s, 1951-54.
[High
Low
2s, Dec. 1948-50—
110.3
27As, 1955-60.
Total sales in
units—
110.3
Close
sales in $1,000
in $1,000
sales
—
Low
sales in $1,000 units—
Total
Low
■
[Close
units--—!
3s, 1951-55—
Total
Low
[Close
Total sales in $1,000 units
units--"—
High
Total sales in $1,000
Total
Low
sales in $1,000 units
[Close
Total sales in
•Odd lot sales.
$1,000 units
100-52.
Total
Vales
No
LOW AND
Saturday
HIGH SALE
Tuesday
Nov. 21
Nov. 23
Nov. 24
Nov. 25
f per share
$ per share
1 per share
t per share
47%
110'A
46%
*110
46%
45'A
110'A
*33
36'A
*32'A
44
*42%
43
110
36
*42'A
*7'A
73/4
7'A
24%
*153/4
15%
*36'A
36%
*61
65
3
153/4
3%
*84
85
Mr
%
53/4
15%
363/4
65
3'A
*83
3%
88
TB<r
i5e
5%
5
5%
*58
6
18
17'A
62%
*5%
*57'A
400
33'A
331/2
42%
*42'A
421/2
13
17'A
62
7%
7%
15%
15'A
36 %
33/a
3%
*82
85
4,200
5%
800
*123/4
13'A
13
13
17'A
17
17'A
16%
*58
*
65
6
6
136'/a
•10%
io3/4
10%
10 '/a
10'A
10'/2
*10'A
103/4
16'A
16'A
16
16 y8
16
16
*15'A
6%
6'A
6 3A
6%
6 'A
6
*723/4
741/2
723/4
723/4
7 2 3/4
723%
73
25'A
25
253%
24%
25
24%
25
19
18%
19
*18 3%
19
19
19
6'A
137
1
I'A
*%
1%
*12'A
1334
*12
*673/8
683A
137
*10 %
15%
68
73
73
24%
2
19
*12'A
133/4
6 8 3/4
68 %
683A
*12
67'A
681/2
68
68
*23 %
24'A
23'/a
23
'A
23
23
22%
223/4
23
23
45 SA
45%
44'A
45'A
45
45'A
443A
45'A
45
46'A
footnotes
see
page
1927.
..
5,100
'
.
14'A
For
3,100
600
5'A
I'A
1 'A
200
19
I'A
14
May 25
16
Nov 13
60
3%1 Apr 9
•
'
Allied Kid Co
*
Allied Stores Corp
—No
5% preferred
Allis-Chalmers Mfg
—No
Alpha Portland Cem__No
Amalgam Leather Co Inc—
6% conv preferred
700
.'
800
t
2,100
500
5,600
—
Allied Mills Co Inc—
*
6'A
25
Steel Co
—No par
Alleg & West Ry 6 % gtd—
.100
Allen Industries Inc_
1
Allied Chemical & Dye—No par
2,800
16
110'A Oct
May 14
Sep
9
Alghny Lud Stl Corp
1,200
10 3/4
*12%
'A
2,000
6%
49% Jan
Mar 24
31
39
5'A Apr 24
183/4 Jun 8
10
Mar 27
29 % Apr 28
61
Jan 6
l3/4Mar24
69'A July 15
& Jan 2
3'A Apr 17
3'A Apr 18
93A Jun 23
2,500
137
6
6'A
*1
14%
63/4
137'A
100
May 14
104
Adams Express
No par
Adams-Mills Corp
No par
Address-Mutigr Corp
—10
Air Reduction Inc—
;
No par
Ala & Vicksburg Ry Co
100
Alaska Juneau Gold Min
10
Albany & Susq RR Co
—100
Allegheny Corp
—No par
'
5'A% pf A with $30 war.
100
5'A% pf A without war_
100
$2.50 prior conv preferred-No par
65
6'A.
73
25'A
*571/2
16
63/8
1
4,000
5'A
*5
1391/2
1
—
5%
*138ye
*18%
30,300
3%
"iiV
4%
5'A
1393i
6%
___
85
A
5
4,600
65
*4'A
139 3/4
138'A
15%
37
*61
65
•
200
.1,800
36'A
153/4
36%
3,200
7%
24'A
*24
Acme
37
100
—
5
—No par
par
100 '
par
par
1
50
Amerada Petro Corp
Am Agric Chem ("Del)
—No par
No par
American Airlines
:—
[nc
10
118%
i
Apr 28
483/4 Jan
13
8'A Nov
9
24% Oct
26
16'A Nov 13
383% Oct
69
46
Feb
553/4
Dec
54'A
Sep
43%
Dec
513/4
Jan
5y8
Apr
8'A
Dec
*17%
Dec
24'A
Aug
9y8
Dec
15%
Jan
34%
Nov
Dec
%
ya
63/8 Nov
6
3%
Dec
6'A Nov
7
3y4
Dec
85
Jan
10%
Jan
27
11%
Dec
223/4 Jan
2
17%
Dec
25%
27
63/4 Oct 22
"1%
Dec
11%
6
135%
Dec
26
18
10%
Feb
733/4 Feb
149
Jan
6% Nov 12
Apr 29
30'A Jan
3
81
17
19% Nov
12
Aug 19
I'A Jan
18% Jan
Mar 27
70'A Oct 22
24
Nov
4
48 y4 Jan
27
3
Dec
Jan
Apr
Jan
Jan
167'A July
13
Aug
143/4
Apr
Dec
9
71% May
87
Sep
Oct
24%
37
Jan
21%
Aug
1%
Aug
5
Dec
14% Mar
26
July 24
11%
Aug
Jan
9% Aug
21%
13
30
Aug
99 Ya
5
Jan
Apr 17
July
5
1/2 Oct
12'A Jan
Jun
45
75
Dec
Dec
1%
10
17
Sep
Sep
73
943/4 Feb
163/a Nov
Apr
Highest
t per share
,34
23
May 25
,
23
Oct 22
Apr 24
3
share
Nov
4
10
July
Year 1941
16
12
11%
4
64
22
143%
H
12%
43
18%
25%
Apr 28
13
Jan
43
Range for Previous
Lowest
6 per
$ per share
No par
preferred
Abraham & Straus—;
100
24
3'A
4%
t per share
No par
Abbott Laboratories—
100
36%
7'A
Par
20
3/a
5ya
5'A
*12%
46'A
110
Highest
Lowest
EXCHANGE
Shares
461%
*82
53/4
13%
I per share
*109'A
*61
55A
17%
65
*5%
■
88
*13
18 '/2
18'/2
153/4
ViT
14
*60
„
t per share
the Week
4 6'A
24
5'A
•
6
*133/8
4
71/8
25
*61
Nov. 27
Nov. 26
Sales
110'A
*33
Range Since January I
On Basis of 100-Share Lots
STOCKS
NEW YORK STOCK
for
Friday
Thursday
*44 %
42%
36 y8
65
*83
5%
*51/2
7'A
36%
3%
43
*24
15%
361/2
*61
36%.
*42%
7%
24%
Wednesday
*1091/2
451/2
110
*32
%;
24%
*24
Transactions
STOCK RECORD
PRICES
Monday
*46
only the sale of coupon bonds.
sales.
$1,000 units
NEW YORK
*109
tCash sale.
in registered bonds were:
[Close
in
tDeferred delivery salo.
Note—'The above table includes
f High
214*,
1
J
Total sales in $1,000
Holiday
f High
—
100.20
units
2'As, 1952-55
units—L_—
Total sales in $1,000 units
100.20
100.19
[close
102.8
Close
3y8s, 1946-49.
100.20
100.19
100.19
[High
—\ Low
2%s, 1951-53
102.8
*3
,
—
10
102.8
'
Low
sales in $1,000
—
Low
—
—
—
—
■
High
Total
___
Total sales in $1,000 units
units-
3'As, 1944-46.
"
-
—
^Close
Total sales in $1,000
$1,00 units—
High
—
Close
3'As, 1943-45.
in
sales
—
High
Total sales in $1,000
13
Close
"
3%s, 1943-47.
103.4
—
[Close
I—
—
103.4
—
103.4
f High
\ Low
2'/as, 1962-67
I"
[Close
in $1,000 units
—
[Close
106.10
'■
—.
[High
——| Low
2%S, 1956-58-
106.9
—
3%s, 1946-56-
Nov. 27
Low
■
units—.—1_
sales in $1,000
106.10
---
—V/: :
[Close
sales in $1,000 units
Total
Nov. 26
Nov. 25
—
—
$1,000 units.—
4s, 1944-54
Nov. 24
Nov. 23
—
Close
Close
sales In
Nov. 21
Daily Record of U. S. Bond Price*
'
Total
bonds on the New York
32d of a point. (See note below).
Treasury
Treasury
#
day. No account Is taken of such sales In computing the range for the year.
the New York Stock Exchange
on
Figures after decimal point represent one or more
Nov. 23
YEARLY
-
in Treasury, Home Owners' Loan and Federal Farm Mortgage Corporation coupon
daily record of the transactions
a
New York Stock Exchange
day's range, unless they are the only transactions of the
United States Government
Below
«»
1917
CHRONICLE
THE COMMERCIAL & FINANCIAL
Number 4129
156
%
Dec
Sep
10
Apr
20
41%
Feb
63% July
14%
Feb
22%
Dec
40
Feb
58%
Jan
HIGH SALE PRICES
Wednesday
LOW AN©
share
per
9 *8
•9*8
»
thare
5%
28%
125 Va
128%
3*4
*
127
"125
3%
3%
3%
174
71
70
174
*172
"66
18%
*18%
18%
*90%
"90%
92
"15
20
92
92
*15
"15
20
:
5%
5%
14%
14%
15%
97
98 '
15%
15%
*98
15
15
2
1%
*1%
1%
*37%
38%
37*4
4%
34%
33%
33%
34
32
32%
'
35%
*33
36
2%
.
2%
■500
51
50%
8
2
*1%
"34%
35
34%
50%
"
1T
*
5
"4%
50%
Amer
"85
86%
85%,
7%
8 %
86%
80 *
'
"
"12
1134
12'
12
12 *4
84 % "
2
6
6%
*6*4
%
v
25%
"25
117*2
2%
r
4
*4%
,41
81%
-
.
'12" :
19%
;
19%
13%
16%
6
00
n
-
-" 120
5
*25
25%'
55 34
56%
ft
O
"11
29 %
377s
"147%
35%
"142
54
147%
35*4
35
20
19%
"10%
10%
144* 'a
1
"11%
12
20
19 Va
"
■
19%
89 %
"22
22%
•
22 Va
129
41%
41
42
42 %
42
133%
134*4
133
7%
7%
7%
7%
29*a
29%
29%
1300
22
129*4
128 *4
129
■29%
128%
129*8
*115'
Va
2,700
American
134%
133%
134%
7*4
7%
7*4
7%
7*4
28%
2.9*4
29 %
'
116
7>400
7; 8,200
134%
134
2.9%.'
29
*115
115
115
116
135%,
3%
3%
*56"
3%
"57
61*4
"4
4%
'
"56 *'2'
4 " •* *
8
*3%
4
:
4*8
4*4
4
4-
3%
."
3%
n
3%
4
4
'
If, 600
1
"39
44
'*38
49
*39
46
25%
26*4
25*/s
29%
'28%
28%
"16
16%
*16
16%
111%
*110
lll'/s
*10
10%
*10
10%
*10
1%
1
1%
*1%
*10
1%
*10
3*8
106%
3 %
3*8
31%
*31
32 Va
32
32
107
*105%
106%
1%
*1%'./.. 1%.
3
3
3*4
32*4
.
*105*%
3
45
31
*7*4
4%
43%
*35
50*8
1,100
7%
7%
*7%
7%-
*7%
7%
*7%:
4*%
4%
4%
4%
4%'
*3%
4%
*4%:.
6
*83*4
99
6*8
99
*83*4
99
*83*4
99
*83%
"
5%
5%
6 *4
6
VB
"70
74
72
72
*70
71*4
71
57
*52
57
*53
57%
*54
57
28
28
*27
30
*27
28*4
*27
30
100
45%
68
68
29*4
42*4
'
43
43*4
29*72
44%
*67%
45
68%
67*4
27%
28
22*4
22%
23
22%
22%
44
44
43%
44
18%
18%
18%
*106%
111*2
*106%
*6%
6%
6%
*49
49%
18*4
18 %
49%
22%
43
43
18*4
*106%
6%
6-%
50
49%
28%
*22%
108
6*2
67%
28%
18%
*106%
6%
50
43%
43%
*67
44.
*43 %
109
,
100
101%
42%
67*4.
29
28
23
*48%
*100
100
100
100
100
100
18%
108
■
■
6%
50
':
/
"i
100 //
T
67
■'
57*
Atch
V 700
""
22%
18%
*106%
6%
*50
57*
*71/2
*1%
22
3*4
55
55
55%
*113*4
115
54%
115
*113%
8
*7%
8
2
*1%
22
*21%
22
3%
3%
54%
115
7%
2
*21*4
2
54%
114%
8
*7*4
*1%
22%
3*4
3%
54%
115
7*4/
2
*1%
22
3%
22%
3*%"
3%
*53%
*113%
50%
*7%
2
23%
x3
9
3%
Dec
3'4
46%
39
73%
8% Nov
27
3
Jan
Jan
Jan
7*4
59% Oct
Jan
165*4 Aug
7
Jan
Jan
Jan
4%
Dec
6
Deo
10%
29
Dec
40% July
'
v'11% NOV 27
12
Oct
Line
—No
14
' Apr
27
33%
3
21% NOV
12
Feb
4
12,"
Oct 21
Sep
Jan
73%
Jan
11% May
14
Aug
115%
134% Jan
49% Jan
Dec
43%
6
Dec
27
xl43
200
3% Apr
27
17
7% Nov
21
3%
Dec
30% Oct
14
23%
Dec
29 */«
Aug
Sep
116%
Aug
Apr
112
-
116% Jan
2
Nov
13
.2%
3
64%
18
6
3%
Dec
Aug 10
76% Jan
14
1% Apr
6
4
15
Aug 14
3% Apr
38% Jun
51
13
24
Deo
3
11%
Apr
1107/g
Jun
115%
Oct
7
Deo
12%
Jan
%
Dec
2%
Jan
21
1% July 28
V
Feb
33%
108 Va
Mar
112%'
Sep
2*4
Dec
5*4
Jan
,67% Feb
11
4
47 Va
Jan
70%
Sep
■
Jun
21
60
Jan
16
20%
Dec
8% Nov
14
6 */a
Dec
4% Oct
17
6% Jan
Jan
8
17
Nov
21
Nov
17
Oct
3-
83
28
81% Jan-; 6 i
100
.
5%
Dec
78
53
2
16% Jun
72*4 Oct
24
•
34
Jan
102%
Aug
Dec
35%
Jan
96*4 Mar
,18
Jan
Dec
53%
.
13%
70*4 May
Feb
5
31% July
Dec
13%
Feb
3
16%
28
19%
20
Jan
5
45%
Oct
56
Nov
28%
Dec
Jun
109*4 Feb
28% July
,
Jan
23 % Jan
45% Jan
14% Apr
30
99% July 20
6*4 Sep 21
.
■
5
46% Apr 25
-50
.
7
50*4 Feb 16
107
Feb
Feb
May 23
70
Jan
5
61
May 25
116m
Jan
17
111
Apr 30
9% Jan 26
6
par
-1*4 Apr
17
15% Apr 28
;
2% Jan
9
•
....
13
24 *4 Nov
27
4*/b Jan
6
2%
-13
Ohio——ti—2-100
9% Jun
29
14% Jan
2
10*4
,
Oct
9% July
3%
Oct
25%
"
Oct
iVs
May
Apr
Jan
121
1% May
2
Nov
72*4
May
Feb
2% Jun
Sep
7*4 July.
51%
Apr
•
-.3
par
111%
May
6%
41 Vt
...
7
of Del (The)
Sep
Aug
43
COrp
Sep
20
-No par
Aviation
12,700
Oct
10%
88
,
'
*
—25
Jan
91%
82
76
-
9
v
8ep
6%
V.
Dec
7
-
34 Va Oct
Mar 16
33
.100
.100
.No
Jan
9%
-
27 Va Jan
1
At—4—..No
Sep
34%
Dec
:
.
Sep
72
•
Dec
87*4
5
77% Jan
9
,3
3
July
82
29
Jan
Jan
31% Nov
,
2% Apr 28
'
26
15
Jan
66
2
79
May 28
4*4 Apr 28
61% Mar 24
53
Sep
14
;
.
5% Mar 20
'20
July
35% July
17*4
.
4*/s Jan
.35
111% Mar 12
Sep 29
10
40% Oct 21
•
30
5
12*4 Oct
2% Sep
.
Feb
14
Jan
27% Apr 27
5
Sep
Jan
56% July
Jan
Mar 11
Jan
8
Deo
112% Mar 19
May 26
21
Jan
8J.*4
17
7% May 20
'
Jan
Aug
28% Jan
1
12% Mar 11
Sep
Jart
30,
22% May 20
,
7*4
46% May
•,22%
,
8%
Feb
2%
14
Jan
;
99%
:■ •
*
5% Jart
50,
23
24% Aug
107
7
Dec
5% Jan
'
"•
Dec,
70*4 Feb
108 Va May
2
Nichols-d-—
Jan
14
111
$5* prior
159
Dec
143% Jan
par
Austin
/ 400
74% Jan
43%. Dec
50% Jan 21
6
Atlas Tack Corp————
500
•
Sep
Apr
.100
5 7*. conv
Jan
168%
25
preferred-———
4413%
Aug
19% Jun
pref series A—__
Deo
19%
60 Va Jun
-2Refining———
Jan
11% July
Dec
6%
23'
2
RR—- —2100
Lines—
28%
/
8%
V,
98
21*4 Jah
Mar 26
22
*
par
—
Jan
22%
■
,
—
No
Dec
Jan
150%
Dec
15%
2
2
Sep
54
Dec
139
3
155
Mar
29%
Mar 14
144
.
45% July
Dec
138
preferred-—'—
*
20
2%
14
Jan
Feb
par
Powder-—-——^ -No
Atlas
500
241/4
35 Va Jan
148*4 NOV
Jan
100
—
-
Coast
i.
May 25
.
120
—'-100
preferred-'-^—-a
conv
<o7*
400
8%
3*4
Corp—
preferred—1
4%
'
6 '4 Nov
347/# Apr 20
2i>
par
Atlas -Corp———
,
Dec
"
Atlantic
56%
11 Vz
26% Aug
28
1
1,300
115
9
22
/
"71574
42
& W I SS
G
57*
"
55
*113*4
Jan
23
Jart
23*4
% Dec
,20% Dec
13
2-100
preferred—
Topeka & Santa Fe— :—-ioo
.*-^-.,100
preferred—
Atl
800
108
6%
9
81
—50
-
5,000
18%
5
Apr
Deo
No par
2d
Atlantic
■
,3
M Jan
26*4 Jan
3% Apr 29
Investment Co—
1,700
43
26% Jan
>
Dec
13
—25
prior preferred-
Corp——;—
8,400
23
*41%,
/
.
Sep
121
Mar
2
s
Dec
102
Constable
17*
5 240
26%
in
Feb
.119
101*4 Apr 29
33% Apr 24
preferred—_'
1
Dry Goods——
———100
1st preferred—_a__
-Assoc
17.100
44 :
-•
23
**
17*4 Jan
——100 v
6%
300
''
66%
x26*8
Apr
97 Vs Jan .14
par
—
17*
100
.
i5ya
78% Mar 27-
(Del)
Associated
1 400
57 Va '"
4
23% Mar
Feb
15
—100
preferred———,—
Cork Co—— —No
Arnold
1,100
28*4
0%
9
pf 7% gtd—100
& Co of Illinois— ——5
Artldom
'
72
57%
*28
Feb
7% Jan
100
Armstrong
300
p
5%
72
71
*52
4% V
99
5T«
5%
5%
.
Jan
2%
9% Jan
Mldl'd—— —No- par
Daniels
conv
7 7«
t.
—
:t 100
7%
8
*83*4
i
*6
3,000
30%
13%
7% Nov ,4
20
16% Jun
'■
Paper Co Inc—„
Armour
4,300
50 *»
30%
31
30%
31
43%
43%
*35
50 V8
30%
31
31
44% '
*35
50*4
*35
50%
31
44%
45%
44
45
Deo
26
Mining-- ——20
Copper
P W
Armour & Co
3
— — 3.—
—No
Elea
pltor conv preferredMining-
Archer
'
*35%
8%
50
52
A
100
44
3
3
Jun
6
12*4 Oct
.
155
—aLa—. .——100
i 200
106
95*4
.,36*4 Oct
par
——a.--—
Wks*&
I 500
32%'
*31%
105%- 105%
*31
106
Dec
Nov
29
*136% Jun 11
& Cable.—— ..No par
12.50
Anchor Hock Glass. Corp—
$5 div preferred—r— —No par
'-
32
*104
—
.
preferred———-
Water
Andes
*
77%
91r
13
29
Anaconda W
10%
/
Jan
6
5 :
...43
-No- par
Tobacco—— -No
Anaconda Copper
20
■
7- ; 17%
«'
—25
.—
S5
i100
,
111%
*110
10%
*1%"
V
"
16%
*15*4
16
110
Jan
Dec
17
24
Amer Zinc Lead & Smelt—
f 220
16
Jan
Deo
7'4
35% May 14
'132 % May 14
-100
class B_—_•—
i Preferred
,
15,100
28%
110
111%
*1%
1%
25%
28
10%:
mo
43 %
,
25%
•
16% "
•*16
*110
*37
29%
*28%'
'
13*4
50
Dec
38
y
Jan
39
—
25%
25
30"
*28%
44
„37, ...
- •
25%
25
25%
"28%
Jan
Jan
—No par
1st preferred
American Woolen——. .-No par
1500
1
6%
21
Jan
% Nov • 20
Sep
Oct
4*4
Dec
12
6% Feb
par
$6
•
1*100
.'
57
56%.
56%
56%-
""
4*8
*200
4"
2%
30%
■
4% Mar 11
Refining— —100
preferred
-
57*
Am
61700
59%
*53
56
,
*3%
56%
56%
57
-57
58
37
4*4
4
55*4
59*4
*55
61*4
2%
Feb
165
52% Apr
100
10
Type Foundries Inc—
American Viscose Corp—— —14
i100
;• •
3%
3%
—
_
Amer
31600
115%
"
3%
t6%
8l 4 00
29%
*115
115%
3%
3 % -
3*4
3%
9
,
-
9'/a May 25
Tobacco_.——„ —w-25
Common
•
450
7% '
135
17
6
142% Jun 22.
Telep & Teleg Co____ —100
42%
'
—
Sumatra
43'%
42%
Nov
7-'
'/a Mar 14
15'/a Apr
Preferred -J———.— —*100
Am
*300
'
•
American Sugar
'.'
42%'
41 %
41%
'
Dec
10 % Jail
21% May 21-
preferred .1—— —-100
6%
41%,
•
'
41"
41-
1
20
'40
Apr 29
113% Feb
American Stores——--— -No par
American Stave Co—— -No par
Amer
41%
-
42*4
-—
Amer Steel. Foundries——-
„
,600
*20%
f Preferred
•
1400
90 Va
22%
Aug
May 29
5% Nov
May 15.
16
Ship Building Co—_:—No- par
Smelting & Refg-a—.:-No par
Amer
1,100
19%
40%
'
"115%
3,500
%-.'
n%:
.41*4
41%
4
-
19*4
*22%
conv
1,100
11%
22%
Aug
51*4
9
Nov
9
Jun
4
_25
American Snuff—
19%
*88%':
33%
Dec
35'
6
9% Apr 30
^100
——a--.
Mill—*—
preferred-^V^
Amer
11%
88%
Jan
.
11%
-
*4
•
*19*4
88%
Jap
4%
May
2;
par
American Safety Razor..—
—No; American Seating Co-aj-i—.
11%
89%
Sep
38%
Dec
'.,42%
51
13
5
r
19%
123*8
129%
130%
41%
10
24%
Feb
27
/
16
Mar
65
—18.50
11 Va
1
130 %
4*% %
■470
19"
Apr
10
36*4 Oct
Jan
2
17
24
3%
-
29
'
8
Oct
35
6*4 Jun
'
;
par
American Roliing
144%
22%
89%
22
90
.
:
10%
89%
-
"89*2
*10%
.11%
38% Oct
.
7 "12% Apr 15
3% Apr 25
Stand San'y'i—.1-No pat
2,600
1510
35%
xio
19%
10%
Jan
28%-, Sep
Dec
6
par
preferreda_i/i_i^a4. -No
Am Rad &
19%
*
11%
*11%
"19%
19%
10%
10%
r ;•• v ••■
38
*142
19%
10%
*142"
19 %
19%
11
,
28*4
%,.
35
34*'a
$6
7 70G
''
"l%
Feb
IV#
26;'
par
No
'• $5
,
3,300
11%;,.
37%
'
19%
14%
43%Jan
2.
4% Oct
.
par
preferred-——all-—-No
11210
8%
Aug
* :
.
Dec
8
26
35% Mar
'
^*100
Co-/a_a—
News
Preferred-
147% 148*4
%
34*%
144%
*142
144%
37
*l4'/%
147%
23
28%
36%
37
36%
,
8%
.11%:
8%
11%
23"
28%
28 */4
.
8%
*11
11%
*11
%.
'■
8*4
8*4
36
*142
144%
54 3
148
*35*4
35%
54-1/4*'
37%
37 )a
148
149
55%
28%
28%
29%
37%
54%
6 Va
*4
9
14
& Metals—l.— ..No-par
preferred—-a——
American
5,800
54%
10
11
11%
11%
10%
Jan
"■'•f
22
2% Apr
; Amer Power 4 Ligpt___^__...No par
21500
2;900
241900
10%
10
\
6%
156
*148*4
10 Va
84
8
| 50
6%
6
6*4
156
*148-1%
10
55%
55
O
6
6 */8
25
par
Metals Co Ltd—ai—..No
Amer
U50
19%
10%
.10*8
ft
17^'a
Mach
6i 400
17%
;
17
Jan
19
% Sep
9% Aug
1%
3%
•
9
Feb
Dec
5% Oct
2...
1 Vb- Jan
.
-J—100
Co^t_; ..No-
Ma'ch Sc Fdy
*
*4
Sep
4%
•
443% Oct
2
x36% Apr
*
.
Amer
2^000
tt.,
>
17%
•-19
19%
17%"
156
*148*4
156
*148*4
10%
6
6%
6 *8
6*4
156
10*4
17%
■
Amer
25*4
:
%
.,
19%'
19%
17
17
16%
16%
%'
■"
,
19
19*4
19
19
%•
?if
7
Preferred
'800
19%1
Jan
Aug
95%
%
:
Oct
1
32% Sep
.
of *Ill_
Co
i;ooo
.
120
*117
'
111
7 % Nov ;
2
2 Va May
par
American- Locomoti.veuu—_ ..No
1900
6
.
8%
-; 19 */a
Jan
7
24-
25%* Jun
•
conv-preferred_:i_— iTSJJSso
5%
4.200
'
12
*5%
.
Dec
'
Corp.^JL ;-No
Internet
American' Invest
%'
82„
.
4
Nov
3
'J* Jan
6%non-cum^ preferred— v—100
■
.
7% '*
.
.82
11%
25%
7-ra
Jan
Feb
78
6
16*4 Nov
'
5%
*117
25%
25%
25%
■:
7%
•
-
4%
7
9
16*4 Jaii
'
;.No~par
'■Amer
'100
5
*3814
4%
NOV
27
27
1% Jan
Products.'. ——'_1
»'•
1.200
Va
Leather-
Jan
xl7
9% Mar-
99 *4 Oct
3% May 27
1
American Tce__
'
.600
4
4 'a
41
1500
35
35
&
121"
'
..
4
18% Jan
preferred--— —50
conv
Jan
115
Dec
"
American Home
900
1%.
.
6%
—
23%
,
Apr
9'/a
6% Oct
22% Jan
V
1
May
Dec
•
13
,
-
r~
51%
1%
American* Hide
|700
,
.36
*50
19*4
'
117*2
25 34
120
*117
120
"117
I9V2
Oct
$7
.
16'/a
Jan
34% July
79 *4 July
"
90%
107
2
18
•
2%
,
*33
5%
6*4
19*4
20
20
19%
19 Va
5%
6%
par
American Hawaiian SS Co_. .-—.-10
34%
11%'
11% "
3
Mar
Jan
185
'
5
% Jan
1{100
"
20% Jan
16*4 Jun
2;800
2
81"
Feb
Jan
"
32%
7%
7T« ■
56
'
34
■"
8%
8*4
8*4
13
Aug
95 %
Apr
73% Jan
Oct,
3
Dec
23
Jun
130%
•
Dec
157%
2
7% Mar 11
31%
'200
51
*33%-
55%
3
Jan
73% Nov
Mar 16
May
92
33 %
?800
4% '
4%
;■
'
13
Oct
33
6
preferred--——— .No par
$7 2d preferred A„——_.. .No par
.No par
$6 preferred—
37*4.
*4 %
4
4
41
*38
..No
For'n-Powersi-i—.
&
39
Mar
1
-' Jan
—1
Lines Inc.
'
176
3% May 25-
2*4
34%
5.
*4%
5
41
*39
43
4
4%
4%
*
34:%
34%
34%
10
29
14 V» July
Encaustic Tiling.
European Secs--l_i—> -No- par
Amer
American Export
.37%
*1%
3 */a Nov
95
Co_———. .—J.-20
Distilling
2,500
1%
1 %
36
51*
1% -
17'8
2
4 *2
4%
"4%
"40
51'
Apr
15
preferred—-—:— —*100
1st
1.200
23
^
51
xl22*/a
May 26
American
100
6%
23
4*4
2'% '
*33
•
10
110
Colortype Co:.-—-. .—^10
iiulO
Crystal Sugar-—.
32%
31*4
.
36
*33
,
6 %
Amer
-
?2
Dec
27
"
33 Va
*32
34
31
2%
2%
2%
."2%
*32
7
i 90
1,500
17%-
'
^5 l b.
:
American
•
.
i5%
1%
'
American
37%
4%
4%
*4*4
4%
*4*4
"4%
34%
26'/a
69
American Chicle————L.¬ _No' par
|200
97
*i5'/„
1%.
l'Va
38%
16
1,000
'
97
,
23 !
1%
15
28-
'
Am Coal Co of Allegh Co N J—'—2 5
»
1434
*14*4
6
'
38%
1*4
"33
6
23
Jan
Jan
55% my 21
105
i
57
5Tit
.
2 '
*1%
"
V*
7
22%
23
22%
40
"32 "2
2*8
22%
*6*2
'
■
•
*1%
■
7*4
*6%
23%
15;%
15*8
15
*1%
Vs
7*4
23%
100
*98
99%
'
2
"6*4
20
5%
14%
98
1 '4
20
*5%
15
-""..700
Dec
8*4
May 20
par
Inci—- .No
Cable
&
Aug
47%
Dec
Mar 12
20
coriv preferred—. _—100
Am" Chain
5%
92
*15
574
98
"38
*15
20
400
9%
Dec
3%
13
'56% Apr
par
.—_i_100
Preferred
.
92
14%
14 %
18%
1
Apr
41%
24
130% Feb
Apr -20
159
.——100
—.
5%
20
33
1 Va Apr
Highest
t per share
6 per share
Nov
Apr 28
,
Year 1941
Lowest
6 */a Oct
9 *4 Oct
2
49
120
-
Range for Prevloue
e
••/,/
share
'
*5%
14%
2%
92
'
par
—25
1*-.
I per
share
I
Lots
Highest
23
1
Fdy——'— .No
&
per
c'
38% Apr 14
3% Mar 11
50
_lVo
—
Fdy
_4
t Preferred
American -Car
500
107
*105
14%
6
"5%
340
2,000
iOO-fehare
■
5% Jan
—10
:
Corp—
Can—-
American
4,000
-
64*4
a
,*18
18%
92
72%
'
107
92
23 *4
64 *
*105
.
Amer
172%
2231
.
65
18
18%
107.
*105
.
*64
65*4
18%
,
107%
*105
1071a
65%
66
65%
67*2
18%
"105
23%
t
coiiir:, pr?ferred-:2LL. ——100
Cable & Radio Corp_. —11
■■/:; 5 '4
19,300
3%
Bosch
Brake Shoe &
Am
»60
-
71%
172'a
71*4
172'%
23*'a
2,000
127-
•
3 «A
3%
70-%
23%
28
28
preferred——-
6%
American
100
of
Lowest
Note;——4-7,
Bank
American
210
Basis
On
■
Par
1,700
5
*125
172
174
23%
24%
24
24%
24%
28
126
3
70%
70
*172
71%
71
"172
28
3*4
3
q i/K
49%
5
126
28%
126
28
126
28%
29
28%
5%
*5*4
5%
*5*4
5%
*514
'<#
*48 %
1
EXCHANGEi
Sharet
thar$
per
q
49*4
*5%
per
9 Vs
*48%
t
V
YORK STOCK
NEW
the Week
Nov. 27
Nov. 26
48%
48%
48%
48 %
49
I
Range Since January
STOCKS
Sales for
Friday
Thursday
Nov. 25
share
9
9
9
9%
9%
1 per
per share
t
$ per share
,
Nov. 24
Nov. 23
Nov. 21
49
Tnesday
Monday
(•turd »r
Monday, November 30, 1942
FINANCIAL CHRONICLE
THE COMMERCIAL &
1918
Jan
B
12%
.
12%
12%
12%
.3%
3%
3*4
3%
5%
5%
5%
5%
.
•
3*4
12%
11%
3 Va
12
>1
*
3 %
5%
5%
12
3*2
5%
5*72
11%
11%
3%
*6,300
5%
2,000
5%
Baltimore &
5*4
5 Vb
5
28*4
28%
28 y%
*28%
28 %
28
11%
12
11%
11%
*11*2
12
*5%
6VB
5%
*578
"5 :
6*4
*29
30
29
29
11
11
11
11%
14%
"22
22%
*24 *a
25*%
"104*4
*26%
89
*8%
24%
105
5
-
11
*104*/4
14%
22%
24*2
24%
28%
*26%
28 3a
89
*85
92
*85%
90
8%
8%
11%
5%
5%
29
28%
28%
60
11*4
11%
11%
2.400
,5,500
23
15.
1,300
'
12%
34
14%
*52%
*22%
12%
12%
34%
■
14%
33%
14*72,
*52%
54
23%
23 Va
12 %
13
500
Bayuk
241/4
300
Beatrice
'
*104*4
110
28%
*2634
28%
89*4
*86
100
92
8%
8%
-4
8%
.
300
500
*21%
12*4
12
12%
2,200
33%
33*8
33 V4
33%
33%
5,800
14%
14%
*14%
14%
14%
14%
600
Beneficial
53%
52%
52%
*52%
53%
100
pfd $2.50 div series '38_No par
Best & Co—
—No par
Bethlehem Steel (Del)
-.No par
23%
57
55%
56*74
111
110*4
110%
page
1927.
*22%
54%
110
23%
23
23
22%
22%
55
53 %
54%
53%
54*4
110
llOVs
110 V8
110 Vs
110 Va
•,
400
10.600
,
1,200
15
6% Jan
26
3%
Dec
•,
31% Sep
23
18%
Dec
'
2
12% Nov
9
Indus
Loan—..No
par
Pr
—
1%
preferred
-2
100
6%
•
Mar 25
7
Apr
•0% Nov
12
5%
Dec
30
Jan
20
27%
Dec
12%
34
12%
Sep
July
Sep
9% July
35
Sep
2
12
Oct
23
7%
Feb
10% July
12% Jun
3
18*4 Jan
6
13%
Dec
24% Mar
Apr 30
x23% Nov
27
17*4
Dec
Oct
9
15
20
103
%
Apr
64
15
Mar 20
23 V3 Jun
8
Apr 24
6% May 14
-
May 20
13
9% May 20
—
;
'
8% July
8% Jan
Works Corp—
*52%
34%
5% July
Dec
25
24% Aug 20
———
8%
Dec
3%
4% Apr
Creamery——.
14%
56%
see
33 %
12 VB
—
2 %
27
Jan
Cigars
53%
110%
fnotes
12%
Iron
14%
23%
*24 */a
*2S%
*21 Va
*21*2
*21%
—
1
Inc——No par
25
<: $5
preferred w w———No par
Beech Creek RR
—50
Beech-Nut Packing Co__
20
Belding-Hemingway
—No par
Belgian Nat Rys part pref
Bell Aircraft Corp
1
Bendix Aviation———,
5
Bath
14%
X23%
24%
105
28
7% Jan
Apr
4
Brothers——————No par
5%% preferred—2—250
BarnsdaU Oil Co—
.-_•—
5
'
*21 */2
preferred—————109
&: Aroostook--.—.———50
5 7*
preferred—-2—__ 100
Barber Asphalt Corp——
^^10
4% Jan
23
Conv
Barker
200
Jan
3
4*/2 Jun
Bangor
-
23
89-
8%
40
*
,
*24
105
105
*26%
*8%
11%
5%
14%
..
'
600
11%
11*8
14%
22%
28%
8%
5
27%
*28
11 *'8
15
*104%
5
*27%
*5%
29
24%
105
5
28*4
11%
5%
22%
14%
15
*21*72
*28
5
19
Dec
2% Jun
47*
.
*
5*4
28*4
Baldwin Loco Works v t c_'
4,400
3%
26
20
105
Oct
9
102%
30
Feb
24
28%
108
Dec
31% Ma»
27% July
Dec
106
Oct
Feb
32
Apr
Jun
126
Jan
110% Jan
10
9
Oct
16
6%
Dec
20
Nov
9
10%
Jan
17
Oct
17% Nov
,2
32%
Apr
41%
Sep
3
8% July
28% May 21
39% Jan
9% May 6
46% Mar 18
15% Nov
12
10%
Dec
207/s
54
Sep
24
50
Aug
57
17% Apr
•'
24% Jan
19
19%
Dec
34% July
66% Jan
2
51%
Dec
89%
Jan
Jan
7
Dec
131%
Jan
27
49% May 25
July
1
105
121
115
Jan
May
'
Volume
:
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4129
156/
•'
•:
'
,
'
'
.
''
'
NEW YORK STOCK
-
STOCKS
Thursday
•Wednesday
'
Nov. 23
Nov, 21
.
# per share
,
t per
<
.
25%
26%
25%
16%
16%
*16%
5%
5%
5%
•
'
••••'
>12%
13
;.L
13
u
*9%
*9
11"'
69
i6%
16%
*35%'.
36%
'26'/a
■■
26%
26%'
17
16%
16'4
15%
5%
5%
5%
5%
*
:
'
.
*9%
Decker Mfg Co
Black
70.
&
—No par
.—No
Co—
:5
par
& Laughlin Inc
Bliss
12 i
08-
12
18% Apr
14% Apr
Blgelow-Sanf Carp Inc—No par
—No par
8
Blumenthal & Co preferred—100
S
per
t per share
21
Deo
31%
15%
Dec
23%
Deo
10%
Jan
Dec
18%
Jan
2
27% NOV
9
19% Jan
28
7% Jan
5
14% Jan
13
12
3
Highest
t per share
share
21
Aug
Sep
10
Deo
17
Oct
70
Deo
90
Mar
12%
Apr
24%
Sep
38% Oct
Apr 30
Jan
70
Apr
21% Jan
58
Bloomingdale Brothers
Year 1941
Lowest
29
Sep
11'4 Jun
5
Range for Previa**
1
Lots
Highest
t per share
Par
'
Blaw-Knox
100-Share
Lowest
.
1,100
I-'-
13
'/
■
2,200
V
5%
*12%
13.
: *9'4v
12
9 Va
,
*12V2.
13
*12%
.
500
V
16 !
On Basis Of
EXCHANGE
Shares
26 Vi
26%
5%
Range Since January
YORK STOCK
NEW
the Week
r
share
*16%
5%
'
68
NOV. H
t per
share
for
Sales
Friday
•
*26
:
17
12%
<
.
I per
i 1 per share
1 per snare
share
*25%
;
,
Nov.. £(>.,-■
Nov. 25
Nov. 24
.
RECORD
HIGH SALE PRICEf
AND
Tuesday
Monday
Saturday
7 V'
'
LOW
1919
25%
Oct
35
Jan
•
68 %
69
15%
.
is
07
14%
351/2 V.
.
'
T 6-7'
68'%
15%
*67
36
120
July 15
13% May 20
-.26
May 2
'
>.
■
'
'
*
15
."
15
.14%
.-
'
7
"7
*88
'
"'r:-
91
*88
1
•;
35%
35%
r:' 16%
16%
21%
21%
21%
'
.22'
35%.
•:
16%
r
36 J'
36
"
■!'
91
•
26
25%
25%
26
^
21%
25
*29
■
;■
21%
777*33%-
;:'7
35
33%
I *33%
34%
9 %
Vff
*1%
•
.
»9%^
•/■
..
■■■'
10
*%
■
1%
■:y.
:
34-
;
"
•»
29'%
13%
9% Vi
*9'%
29%
13
013
.
6%
6%
*105.
9%
,
67%
'.
.
.
67 %
7 7
.
67
12%
6%
9%-
■■--
?
2%
68
69%
70%
67%
22% Oct
18%
Dec
21%
27% Oct
16
Apr
21
'
,V.C
'
:
900
■
:
.
500
'6%
!
09%
—5
.—
——11001
.;
Budd; (EG)
l:
760 '
"Va
3% Oct
Jan
Jan
Sep
Sep
3 V* July
Feb
31% Nov
.
28
Deo
39%
-Jan
20% Sep
Mar 10
May 22
29
2
16%
Deo
17 y«
Deo
Jun
Jan
9% Nov
6%
Deo
12%
Jan
21% Nov
21
14%
Deo
25%
Jan
Jan
35% Nov
13
23%
Deo
41
Apr 21
38
Apr
45%
Oct
Deo
2%
Aug
1
Deo
6%
Jan
Sep
2
Jan
3
Va Jan
13
1% Jan
5
43
%
2
7
Dec
14 Vi
Jan
16
30
Jan
14% Oct
23
11%
Deo
37
Sep
23'4 Mar
6% Aug 21
103% Mar 12
714
Deo
9% Apr
=
10% Nov
35
8% Jan
9
112% Jan
27
2% Apr
24
3% Jan
3
47% Jun
10
71% Oct
27
par
5% Sep
11'A Sep
8
i
Jan
17
■
100
Mfg
preferred
7f#
2
25
-ft Apr 16
1
Apr 29
7
Apr 23
28% July
1
par
5
—100
No par
Co
preferred
7%
•
1,900
Jun
111%
30
..No par
Co——
Jan
Deo
*
26
Co.—
Bucyrus-Erie
*
2%
69%
70
Corp
Bruns-Balke-Collender——No
1
1,600
■
Shoe
Brown
300
110':
May 29
:: 18% Mar 31
—No par
—5
Brooklyn & Queens Tr—No par
Bklyn-Manh Transit
—No par
Brooklyn Union Gas——No par
1,900
9'4
3.2%
2%
-—-15
Bristol-Myers
■
13.
(The)
Co
Briggs & Stratton
■
5Q0 '•
29% > 2914
-'2%
-
23% July
300
■
* fa
:. ■'
*165
-
54
Dec
800 %
'"•
X6% >
110
2%'
2%
Va/.
lVa
-9
4,400
34'4
-
100
.
•
6%
6%"
*105
Apr
17
72
30% Apr
19%
1%
Bower Roller Bearing. Co
4
5
25
Brewing Corp. .of America—-j.—-15/
xl5
Bridgeport Brass Co_,j——-No par
7%
Briggs Manufacturing
No par ;/ 15%
2,200
V
V
i
.
13%
*12%"
'■
109% •
"
34
/•, /''*%
9%
29%
6%
*105
2%
V
■'
...'
.:
33%
■•;-,r',*i
1%
*28%;
9%
>
iVi
:T" 1 '/a'
29'%
12%
,
6%
109'%
2%
2%
«% '
-
v
9%
i 211.8
Stores
Boston & Maine RR_;
100
19%
V
*33:
/ 34
■
v
21
a
29%
•:
9
•
'
*29%
-
1314
6%
*104
109%
2%
29%
/
/v1.'
1%
'•
'
'
*29 Va
•v
!Vv' ?,ii "•
1 '/a
".
■
38
17% Jan
Borg-Warner
-
34
*33%-
34%
hi
iV
1%.
1%
2,100
28%
21%
21%"
•;
34%.
*32'%
•
1
'
''
-25%
*18
18%,
9
•i
r.
V2i%,t'2i%
33%
34%
V-
35%
*34%
m i
■
<
"18%-
19%
"
21%
Borden
400
29 '4
*28%
29%
9
'9%
21'%
•
*177/a
"
9 '/e
21%
*28%
••••.
•19%. /
*17%
;
-
9%
'
:
29 "...
4,400
2
."
89
40% Jan
.Class B
Bond
par
—No par
'21%
'
2
f.T.'2
2
2% lv
'> 29
197/a
9%
•
"2 7
■
31%
*17
;
\
:
•'
2
95% Feb
28
Inc-—13% May 20
800
•
——5
Brass
class A—No
Co
Ami
120
16%
21%
.
25%
25
25%
■■
-■
Bon
30
35%
-.16'«
16%'
'
r'.W2
Aluminum &
Bohn
900
,
—4.—-_5-'
Boeing Airplane Co
253it
V
"21
■. :r7.
6,000
88%
353a
*16
21%
36
88 V."
"
35%
35%"
-
16'%
21%
'
*88
91
*35
35%
16 Vi
•
:
*89
35%
*15%
\
35'%
v
'
/z
91
36%
36'%
/
15 Va
109
12%
61
Jan
118
Jun
Jan
5'4
Deo
2%
76
Feb
Jan
July
'
7%
7%
7%
13%
13%
714
i
7
•
7
'
''
.
7
7
67'a
7
13%
14
22
•
21%
21%
25%:
25%
*25%
26'/a
18%
.
22
18%
18%
18%
*56%
;
3
56%
55%
52%
51
t
8%
•:'
*40
44
*22%
87/«
2%
v
3
44%
56
*55
*50%.'
*55'
8%
*22
•
*2%.
43
" 42
.
4
-
5
•'-V
5%
3%
20%
*3%
"3%
9%
3%
9%
:: 5%
20%
5
20'%
20%
9%
9%
■
23
42%
-
5 Va
:::
*20%
"
5%
•:
80'%
*78%
80%
80
*13%
14%
*13%
14%
13%
r
3 Va
3%
9%
13%
13%:
i'
*•
i
:
.
*>'•
*314
'9%
1,400
>
*13%
13%
500
9%
79
<
30
.
14%
20'4
-
57'
200
'
-
Deo
35%
Sep
15%
Dec
17
56% Nov
12
20% July
66% Nov
—
26
49
May
53% Nov
9
2
9% Oct
13
"5%
Deo
6%
July
2% Jan
1
2
3% Feb
6
1%
Deo
4%
Sep
Nov
5
4% Sep
19%
2%
6%
71%
10
conv
44
Sep 25
Jan
2
40
18
———_—10
—
Apr
Oct
6% Jan
—-100
preferred
Bldg 77* preferred—100
57*
23 Va
3
Nov 24
53
51
preferred-,
30
Butte Copper & Zinc
5
Byers Co (A M)
No par
>
Participating preferred——100
Byron Jackson Co—
No par
600
"3%
No par
..No par,
Term
Butler Bros
5,800
-
20%
"5 79
-
80
*78 %
•
7
19% Jan
1
pref $2,75 ser
67*
Jan
26% Nov
1
141% May
pfd $2.50 series———
Bush
5%
j-
*20
9%
9%
V 80
20
7 23 C
5%
•
1,600
July
34%
19% May
Conv
Burroughs Add Mach—
Bush
Terminal
4,900
■■
8 %
Deo
1
Conv
1,100
•;'
Dec
15%
25
par
...No
Burlington Mills Corp
500
6%
22
7% Oct
15% Mar 30
2
16% May 27
No par
Watch
Bulova
43.
*22
•
5%
•
/1
^.1
—
*
500
3i
*42
.
20%
No
.
Co
200
87/«
i
*2%
23
20%
•
3%
V
9%
*78 Va
S
.'
5%
20%
i'
3'% /.
:
*22
'
Forge
Co
•
56 f
-
8% ?:
'
'
,
51% -51%
3 Va
-
Buffalo
Bullard
18'4
51%
8%.'
8%
*40
23
26'4
•
52
*2% v. 3
*40
•
26%
/ 18'4
18'4
56%
8%
*22
23'%
26%
18'4
18
18-
20%
20%
*25%'>
*25% V 26 '/a
*52
8%
2%
'
■
800
20'4
20%"
21%..
i
52%
8%
■
••'-.
;/ 56%
57'%
*52
'
v
:
20'4
1,200
13.
-
'
■
Wheel—
*
13
13%
13%
13%
Budd
3.600
i
'
*13%
Feb
Apr
Mar
July
Jan
15
24% Oct
6% Feb
4
26
6
3% Jan
23
Deo
2%
Aug
4%
Deo
6
14
Sep
6% July
Deo
4%
18
21% July 21
14
17
6
24
10
25
Deo
Deo
Jan
11%
Jan
10% Nov
6
Jan
13
76%
Feb
100
July
9
7%
Apr
12
Jan
95
15% July
i-
••
"•
20%
J
21%
57 *■
*53
*20%
57
*53
•■/
%
n
*16,/a
16%
16%
16%
'■"7 ? *12%
13'%
12%
13'%
\i
'
•
7
7
*6%
6%
7
K
^
*53
v.
-
%
\iv¥ %
7
*20
;
.(57
v
20%
20%
*20% •21%
21%
*53
'-
■
■
■
■
i
%
■.
%
^
"
V-
V;/ 1
•'
6%
6%-
-
>53
57-
-v
35
>
*28
6%
*
6'%
37
*34%
'
*36%-
G% ?
85%
*34%
*
36
•
D
26'%
70
69%
*124
38%
124%
■
85
280'
100
Carpenter
300
.
•f.1/
314
71% "> 73
Carriers & General Corp
Sep
64 Va
Nov
Deo
l'/a
Jan
2
4%
Dec
7%
Jan
16% Nov
10
6%
Nov
14%
Jan
13% Oct
26
10%
Jun
17%
Sep
Aug 29
26%
Deo
40
Jan
2
7% Nov
33
7% Nov
26'%
94%
94%
*118%
37% '"37%
>
37%
26%
119%
37 '4
26%
25 Va
26
*92%
94%
*118%
120'%
94%
94 %
&
.
*92%
'
?
25%
:
■k;
4
•
'
,
94%
37%
25%
"25%.
94%
/% 94 %
*92%'
-
'
94'4
40
-
94'4
94
7%
117%
7'%
*70
«
71 •V:y
*17
17%
7%
•
71
70
*16%
69%
7%
•
32
Deo
41
14
89
Jan
77
'
1
100
:_l
Apr
22 % July
'30
Jan
"
70%
:':y
69
--
70
"
•
240
;v-7%
7%
-
*69%
^
70I
;7%'prior preferred—>
Celotex
120
preferred
2d
7%
1,300
Jan
28
79
Deo
92% May
2
22
Apr
30'4
Jan
3% Nov
7
3'4
Jan
Nov
9
43
Feb
8
112
Mar
74
126% Oct
16
Jan
42
Apr 24
24
23
3
15
Apr
26% Nov
Apr
95
NOV
x2%
/
Deo
..
87%
125
Sep
Jan
39
Deo
50% July
18%1
Deo
29% July
'
13
82
—.100
18
No
—
Central Agulrre Assoc
1,000
Central
Foundry
10
Central
111 Lt
120% Jan
Apr 29
.
22
Nov
122%
Deo
Deo
10%
Jun
65
Deo
15%
Jun
75
Sep
22% Mar
116% Mar
20
8% Jan
3
95
77
Apr 17
'6% Aug 12
66
Feb'25
16
Apr 27
par
SlIOO
No par
'preferred—
5%
110
-100
-
Corp—
1,200
16% >16%
16%
16%
16%
16%
17
Apr
3% July
28% Nov.
2
v 2% May 18
54% Apr 17
ll7
130
9414
-
7%
7%'
•
:-v
94%
95
*94'4'
•
Deo
9
5
"
T18% "119 1
*119 %! 120%
120%
*118%
•
■
UCya 7%
3,200
/
39%
Deo
1%
Feb
Caterpillar Tractor
No par
Celanese Corp of Amer^
No par
5% series prior preferred..!.—100
3,200
26 1
A
32'4
16
4% Nov
37
'
95
*94%
37%
37'4
36%'
25%]
"37%.-.
5% Aug
Deo
37 % Feb
'
37%
3
2
1% Feb 10
32
Apr 20
-——100
—
24%
Mar
1!
29% May 16
—5
Co
Deo
61
14
1
—_10
1.100
Co———
Preferred
50
'
.v
Steel
(J I)
Case
2,000
126%
/ *125'"
125
l
$3 preferred A
—
Carolina Clinch & Ohio Ry
15%
2
1% Jan
par
...No
—
Capital Admin class A..
-
26
>
Mills_^_-
Cannon
v.:
200
■
'85y4
-
*2%
'
71%
125
V
'V.'/-.5
36 v
*25'"'
3
2%
69%
v
9
53% Nov
21% Nov
5% Jun
1
11% Jan
2
9% Apr 25
29
Apr 16
3% Jan
2
No par
L——5
:_jl—100
'—25
Pacific Ry_——
Canadian
18,300 ].
•v;
4%
*36% -I-. 38%
26
3
124%
v.
-
6% •'
*3412
••
85%
26
68%
68%
124%
124%
124%
-
70
'
■
•'%%
4%
85'4
■'
26%
3
3'%
•
*3
;
36
£
e36%*
86 %
'
3'%
69%
*3
CO
J
1
86
*25
35 '
'-"'6''8
6%
*4'/a'
*36% /38'%-'
.
-
3
•
•
Va Jun
-j——Is
Hecia Cons Cop„—5
Campbell W & C Fdy—.
Canada Dry Ginger Ale
Canada Southern Ry Co
700
*28
35
■
•
Calumet &
700
12% •"12%
12%
6%'
'
4%
*4%
~
*28
»
6%
"
'
85%
*25%
5
.:
38%
85'%
.
26%
*25%
/'•
12%-
v
Callahan
■
15%
15%
16'4
•
'
12'%
35
6%
4%
*36%
38%
*85%
•
*15%'
"
'
*28
-v.
36 :'
/' 4%
1
*12%
'6%
*34%
■'
4%
4%
35
*28
6%
15% 5 16%
Zinc-Lead
1.800
1.300-
\(V
X612
•
'
Packing——
preferred———
5 7o
■'
16% Jan
2
50% Apr 14
—No par
1:—50
California
300
—-J'J.
'
'11
71% Jan
3
23% Jan
27
2% Nov
5%
9
x
'
•
99
2 %
*2
2%
2%
*97
V:
;
*97
99
'
'
//'
3 ;■
3 /*•
.
*12%
'
r
.
*3 p
-
.
*12%
13 -
3 %
•
*97
99
v
v
:.;'
3
*12% '••■13
•13
*
-
•'/.
98
99
*88 Vi-
,V
-3%
■■*3'%
3%
94 .'
*88'%
: *3'4
-*3% r-3%
•
94
3%.
•
" *
94
*32
32Va
*
*
33
,
31
"
.
3
31
17% •'."17%
18%
*18%
18%
99%
*99'/a
93%
9
9
•
-
35
35
:
*8
■;
./
34%
95'%
9
•
1%
7'%
'
-7%
2'%
*2%
-
9%
7% /
2
'
7%
2
11'4
H'%
.2'%
35
'/■./
2
•\
-
6%
*6'%
:>*i; - .50-
/' /
-•
V.
>•
6%
;
■
6%
•
15%
15'4
->35 ;v:
37
*34%
84g
;/
36%
48%
48%
15%
15%
*%
iV
iff
."•■V
1
*%
%
■*%
.
6%
6%
6%
•
•
-■>
:
200
30
'.
9%
7%
2,200
6%
,
v
-
%
14%-
14%
36%
t'vi
-
,
•/14'4 ! ;• '
*34%
48%
*48'v
' -
; ■
3a
a/4
v'
.
14'4
34%
*48
900
11
,
*%
'
400
%
iff
Pr
Chic
pf
Rock
'7%
1,000
500-
Isl
cum
,1.
;r:
*11%
11%
*13%
13%
13%
*1%
1%
1%
11%
13%
11%/
*11%
'11%
13%
*1%
'
m% M2::
113a
*13%
■
1%
'
13'%
.
13%
13%
413%
300
Chicago
400
Chickasha
500
•
26
27
22
89
Apr
8
Childs
Yellow Cab—i
1% Jun 2
8% Jun 2
4% Jan 23
Cotton
-
12
33
47
Oil—
Aug 11
Apr 28
July 16
•;
i
•,
1%
vl% /
1% "
IV* v
"
24%
*23
66%
;
*10
*23
'
65
101%
96%
34%
*23
.
,
66
64%
10
66%
10
10
96%
*95%
97
*95%
40
*33
*33
40
*2%
37
*
2%
75
'
11,500
10 Va
10%4 10>4
800
97
*95%
97
•96
96
40
*33
40
*33
50
2%
*2 %
36%
*2%
3
37
300
•
111
110%
29%
*28%
110%
*28%
109%
29%
110
*
108%
-
*„-
75
•
108% 109 r:
109
28%
28%
190/
100
28%
*28%
29
*28%
*100%
101
*100%
101
*100%
101
*100%
83
*81%
83
*81%
83
*81%
83
*81%
83
50
*48%
50
*48%
50
*48 %
50
*48%
50
*100%
101
*81%
*48%
,
Copper Co_
ioi •:
Clev
&
Pitts
39%
39%
84
'
■
.
31%
149
*149
84
■
62%
*560
62%
83%
*560
17%
17
17%
*104
105
16%
*105%
16%
16%
110
*105%
14%
*14
2%
3%
2%---
-
3%
14%
15%
14%
15
For
X.'
32%
32%
'
gtd——-50
stock
—50
83%
63'%
86
85%
86
63%
footnotes
*62'/a
'*62%
*560
u—■
17%
17%
105
*104
"
17%
17%
-2%
3%
3
15%
14%
see
•
•
3%
3
*2%
3%
3%
14%
1927.
3
15
15
*14%
15%
Cluett
•t
89
63%
105
17%
2
106
*14
2'4
3%
*2%
15
*14%
3
3'4
15
40
3,300
40
1,200
2%
210
"
3%
720
2%
3'4
15
5,300
14%
%'
.
Coca-Cola
1,100
100
No par
.No par
Peabody & Co
100
Preferred
?'■
Co
No
par
No
(The)
Class A
par
Coca-Cola Intern Corp
106
14'4
10
-•
*17%
17%
110
"
14
■
'
*104
2%
%
2%
3
15%
page
14
*105%
110
14%
4,200
17% *17%
17%'.
105
17
17%
*105%
14%
-2%
*104
■'
110
2,400
*560
17%
17%
105
(
32 !
*62%
63%
*560
■
39
31%
88
•
7%
Special gtd 4%
Climax Molybdenum
,
*149
*149
84
——5
No par
38%
37%
32%
39
31%
*149
—
14%
3%
*3
37%
38%
32'4
'
•
*62'%
.
•
*104
39%
39
32'%
32%
25
—
RR Co
'
149
par
.
'
*110-
■
.....No
—
—100
100
City Stores
-5
Clark Equipment
.No par
C C C & St Louis Ry Co 5f« pfd —100
Clev El Ilium $4.50 pfd
No par
Clev Graph Bronze Co (The)—1
5% preferred
-.100
200
*35%
3
36'4
75
75
*
Co
Chrysler Corp—1
City Ice & Fuel
6%% preferred
City Investing Co
40
36%
»
Chile
65%
2%
75
v/24%
64%
36%
37
*36%
.
65%
10%
10
*33
2%
*2%
*36%
*23
.
64%
■65%
!
24%
*23
.; 24%
1%
2%
200
14%
14%
1,600
14%
14%
600
.No par
Colgate-Palmolive-Peet
$4.25 preferred
....No par
No par
No par
Collins & Alkman
7
5%
zconv
preferred
Colo Fuel & Iron Corp„
Colorado &
Southern
4%
1st preferred
1%
fid preferred—
Columb Br'd Sya Inc cl
Class B
-
—100
No par
-^—.100
•
Jan
2
3% Oct
18
Jan
2
29
13/4? Deo
>1
3% July
Deo
115%
Jan
Deo
108%
'./•
4%
Aug
17
Deo
Deo
4
Oct
97
July
Apr
4%
Feb
3% Nov 12
2
957
Mar 30
77
35
Oct
23
3% Nov
10
1%
Deo
34% July
5% Jan
32% NOV
12
22 Va
Apr
37 %
Jan
Jan
6
15
Oct
21%
Jan
18% Oct
19
>
Deo
25
29
14 >4
Deo
22 Va
Nov
6
95%
Deo
107%
Oct
9% Oct
9
5%
Deo
18
Jan
36% Jan
27
31%
Deo
44
100
Deo
93
Sep
%
Jan
102'4
Feb
Feb
7
2% Nov
6
A
Dec
1% July
8% Nov
1%
Mar
6'/a
2% Jan
2
26
1A
Mar
13% Sep
16
3% Mar
98
Oct
3
July
11*4 Nov
7% NOV
9
3%
Deo
8%
Jan
17% Jan
3
9%
Feb
19 %
July
39% Jan
21.
37%
5
Apr
Apr
44%
Jun
Dec
A
52
49
A
64
Jan
July
Feb
2
% Sep
% Jan 2
Va Mar 23
8% Jan 2
1% Sep
28
24
Jan
25
it
in July
%
1 % Sep
%
Jan
11% Nov
9
8% May
9%
11 Ye Jun 26
13% Feb
27
3
2% Feb
6
1
Jan
'
•
24
% Apr 16
2% Jun
5
100
----100
No par
1—10
.
'
11%
Jun
Apr
Apr
Apr
No par
-No par
No par
1—100
div
Si Pacific
preferred-.
preferred
6%
-
($2.50)
2
,14%
93
..."
5%
27%
•
par
—«i_50
-—5
Chicago Pneumat Tooll
$3 conv preferred—
1
%
v."
preferred
1
Chicago Mail Order Co
6
15% Sep 14
^
.
_.—40
A_
5 %.
' 36%
50 A.
par
Chicago Great West RR Co——50
-
1,000
%; •> %
'/.
.'%
700
111 RR Co .....No
East
&
Class
3,900
2% :
*2/:
Chic
July
23% Jan
—100
Preferred series A
4.800
r/v
No
—
No par
—1—*-100
-*—.5
Chesapeake & Ohio Ry_
-—25
100
■
>
1—100
preferred *
Checker Cab Mfg
29
27
Jan
2
1% Apr 28
par
6%
6,700
>
82
Pap & Fib Co„l
Cham
Jun
2% Apr 14
•■■■■<■
—*-1
Products—
Chain Belt Co__
v
"
*00
...
v
2%
/ *6%
6%
%
%
%
-
:
48%
%
.1
-
1'14%
*48
M
.
%
•%
-
.
14%
*34% .36%
:
110
Mar 10
l%Jan~2
>
—-100
'6% prior preferred—
•
100
V
—No par
—
Certaln-teed
390
.•
*48
■yv-
-
900
■
11
de Pasco Copper—No
Cerro
1,700
/;/
95Va '/ 95 '4
A'"" 7'4 ./
Preferred
A'
V .'r.'
3
34% / 35
-
■V.':,-
•
-
■//.li
11
'•
1874
2'4
""2777
■■
^^^100
Century Ribbon Mills—
"
5; 30%
■V/'x *8
/
7'4
10%.
•
'/32
xl8% s
2
2
V 7
/>
•11%:'
10%
■:fe
60
Violeta Sugar Co
Central
-
.' 100 Ha 100 i
95%
*94
95%
2
2
I.:?',,' 2
11'%'..
11%
*94
'2
7'%
* 7%
.
18*
'
.2%
•
1% May 27
1
preferred—100
Co
4% 7#
tCent RR of New Jersey
»
500
■'
•
94
*16% 1-18 V
v
18%
34%
35
"
96 Va" *
2%
.-
/ 630
99%
*8
•
■
:•"% 32 .".v
/"v..
'3% "■
'
•v
/■ f3 ://. /
30
99%
.
*88%
V
%./ 300
>
13%
Z'/;*3%; ::
3
•
99% .•99% '/:•■
.
35%
*94
35'%
"
„94-.
4
-30
:
:
"
7':
"
2%
■:
«
18
..*16%/
*16%
"18% "18%./;, .1 *18%s
.
9 •; >,v
*8
:
:
-
3
30
29%
>
,
*99 %
'V
27/a >:
V.
*18%
7'7
32'% -32%
■
'
.
3
30
17'%
n7%
32%
32%
3'%
30%
/
" y
33
-3%
2%
-13:%":
13"""*
*88%.
94
*88'4
'
7777 72%-
3
2 7/a
'
*3%
1%
•
'98
-
'
r*12%-
•
1% :
1%
1%
1%
1%
*97
-
.■■;•
1% Jan
20
77%
47
32%
25%
Sep
;
Dec
27
Jan
Deo
Jan
13
2
3
May 12
Oct 19
67% Nov
10
41%
10% Aug
9
25
17
15
11
Sep
Aug
May 28
Mar
Jun
Apr
Jun
May
95% May
14%
3
20
v
Feb
Dec
25
437-a Jan
9
Jan
92
32
2%
28
67%
107 %
22
10 %
72%
Jan
3
8
Deo
10%
Feb
99
Aug 18
92
Deo
104 Va
Aug
34
Apr
14
40
Aug
46 Va
3
Jun
6
2
Dec
4'%
Sep
39% Nov
4
29%
Deo
40 Va
Aug
Mar 10
70%
Oct
85
Jan
112% Nov 16
109%
Dec
115
Aug
72
33%
13
24
Oct
15
100% Nov 18
98
May
May 14
May 2
Apr 28
Apr 24
84% Mar 10
81
Deo
84%
48%
Nov
50
27
Feb
44%
29% Nov
SO
Jan
26
Jan
5
36% Jan
3
44
28%
Feb
105
39%
Feb
Jan
Sep
Oct
Mar
Deo
Sep
22
149
Nov
7
142
Deo
148
Sep
56% Mar 24
'55% Jan 28
89
Nov
27
78
Dec
106
Jan
139
Jan
Feb 25
11% Mar 13
97% Apr 25
10% May 7
96
May 1
13% May 21
% Apr 16
470
.—--100
—-100
A—.—2.50
1
May 19
% July 10
/'8% Apr 17
j—2.50
8% Apr 24
63% Jan
9
60
Mar
Feb
25
740
July
470
17% Nov 27
10%
Deo
22
100%
Feb
105% Jan
11
Deo
63%
740
16%
106
30%
Nov
13
9
105%
Deo
114
18 ys Jan
26
12%
Deo
20
18% Oct
1061
1
5
6
11
15% NOV
15% NOV
6
%
11
Sep
Nov
Jan
Mar
Jan
Deo
1%
Jan
Deo
%
22
22
Sep 21
4% Sep
5y4Sep
Not
July
3%
Aug
2%
8ep
Deo
21%
Jan
Deo
31
Jan
Deo
THE COMMERCIAL & FINANCIAL CHRONICLE
1920
HIGH SALE PRICES
LOW AND
Tuesday
Nov. 23
Nov. 24
Nov. 25
I per mart
$ per than
Nov. 21
I
I per than
2%
2
40%
than
per
2
40%
2%
40%
.
40
*35%
78
*76%
77%
9%
*9
323A
*30
9%
*30
26%
*105
110
30%
77
9%
32%
26%
32
27%
110
*29
.
*105%
110
*105%
110
31%
*106%
109%
*106%
109%
*106%
9%
9%
9%
9y8
9%
9%
9%
-x's
32
tV
9%
A
30%
31
31
«.
7,600
9%
2,800
%
32
31%
32%
31%
33%
ifia
33,800
34%
33%
33%
8,700
21
33%
20%
21
20%
20%
21%
10,000
21%
20%
20%
20%
*2%
2%
*2%
2%
*2%
2%
2%
2%
*2%
3 ;
16%
16%
16%
16%
16
16%
16%
16%
16%
16%
18%
18%
17%
18%
17%
17%
16%
17%
17%
17%
:
■«'"
•
11%
100
11%
11%
11%
11'A
*11%
11%
11%
84%
83%
83%
84%
85
85
*89%
91
91
91
91
91
91
4%
4%
4%
,
90
91
4%
500
50
4%
3,100
15 y4
14%
15%
14%
15%
15
151/s
18,000
*90%
91%
90%
91%
90%
901%
800
*%
iff
i°ff
4%
4%
4%
4%
6%%
prior
15
15%
91
*90%
A
A
'
%
iff
%
*7%
8
8
7%
*2%
2%
2%
2%
2%
2%
2%
2%
800
6%
6%
6%
6%
6%
6%
6%
6%
26,200
*5%
5%
5%
'8
5%
*4%
5%
*4%
6%
6%
*5%
5%
*7%
8%
8
*7%
8%
8%
38%
38%
*36%
38%
86%
87
87%
87%
87
88
88%
88%
15%
15%
15%
15%
15%
15%
is y8
3%
3%
3%
3%
3%
3%
3%
:'97%'
'
251/2
8%
!
*37
98
40%
4%
•
257/a
*191/2
20 %
47%
34%
*9?%
98
x24%
25%
6%
6%
40%
4
*67/a
40
■,
4%
25%
26
*20
15%
15'%
1,500
Container
'3%
3%
3'%
5,200
8,300
Continental
Can
9%
*173%
■'
—
U* —
«L-*.
„
34%
35
341/2
35%
34%
54%
54
54%
54
173
174
1731/2
173%
3%
3%
3%
3%
7/a
7/a
%
%
13%
12%
174%
174%
*31/4
3%
*%
%
13%
13%
13%
174
3%
a
13
13
*971/2
98%
97%
98
97%
97%
97
16%
16%
16%
16
16%
16%
*8%
*8%
9
9
8%
18%
18%
18%
38
36%
38
11%
11%
11%
11%.
8%
18%
*8
19
*35%
38
11%
■
/.
300
Coty
1,700
Coty
11%
13%
10,900
82
81
80
80
35
34%
35%
33%
34%
78
34%
76
76
75
75
*80
80
80
32%
331/4
,
*10%
10%
11
7%
71/4
10%
*10%
7%
7%
*73
■"
7
8%
100
'•
2,900
7
80%
33%
75
110
102
11
*10%
7%
7%
93
*88
102
*88
*102
11
7%
*10%
7%
93
105
*89%
*103
p-.—
4-
105
11
10
7%
7%
A '
93
*90
95
*103
„
2,500
—
105
*88
.
Apr
4
% Nov
9
2
14
16
9
Jan
Oct
$5
conv
Jan
8% July
%
Dec
7
Dec
1%
Deo
3%
5
Deo
6% May
Feb
9%
%
1% July
11
July
Jan
Nov
9
NOV
Nov
6
14
Deo
15
93
Dec
16% Oct
24
11
Dec
16% July
4% NOV
4
Dec
51/4 Aug
2% Apr 29'
7
103% Jan 28
Apr 28
28
July
8% Jan
9
2"%
2%
7% July
Feb
30
July
106%
Jan
79
Jan
109%
Nov
21%
Deo
40%
Jan
15
6%
Feb
10
Jan
35%
Feb
45%
Sep
4% Nov
2%
Deo
4%
Jan
17%
Feb
27%
Nov
15%
Apr
9%
42
8
Nov
Sep
23%
Jan
Deo
18%
Jan
Mar 13
51% Jan
30
48
Deo
66%
23% Apr 24
36% Nov
10
28%
Deo
52%
42% Apr
55% Jan
9
42%
Apr
12% Jan
17
159
Oct
2
3% Nov
10
179
Apr 17
2% May 22
15
98% Nov
10
12% Jan
2
16% Oct
9
2
5% May
1
14% May
No par
170
9
Sep
Jan
Deo
X54
Mar
182%
Jan
Deo
4%
Jan
Dec
%
11
Deo
19%
88
Deo
107
Jan
10%
Deo
10
Jan
0
July
2%
7/a Nov 21
Jun
85
No par
4%
9% Oct 23
Jan
Jan
Jan
191% Feb
5
15
Deo
27%
Jan
No par
:
5
32
Mar 27
41
Jan
8
38%
Dec
45%
Jan
10
Apr 27
10
Deo
15%
Jan
77
May 19
23% May 20
12% Sep
88% Jan
25
No
15
80
Dec
94
39% NOV
4
28
Deo
47%
Jan
84
7
73%
Deo
98%
Jan
par
No par
preferred
Cuba RR 6%
Jan
107%
39
8% Apr 29
—100
preferred—
conv
23%
Deo
96% J an
21
20
Crucible Steel of Amer
5%
Deo
9
14% Oct
Corp (The)
Jan
Deo
26
17
preferred
conv
Jan
Jan
103
47/a
x82
8
3
7% Nov
3
Deo
11%
17
10% Apr
$2.25 conv preferred
Crown Zellerbach Corp
700
'
*100 1/2
5 %
130
4,700
14
Jan
8
Crown Cork & Seal
74%
—
7% Jan
167% Nov
94
a Apr
Crosley Corp (The)
19%
80%
U <*+.'
May
,——25
Cream of Wheat
33%
•'
J
,
75
90
20
——1
Co——
800
'
*75
Crane
16%
1,500
3
1
210
11
97% Feb
17
25
Corp
98
11
,
Refining
Internat
700
97%
2% May
._20
Inc—
%
35
.15%
Deo
5
100
3%
18%
Deo
Apr
Jan
Jan
4
77
\
50
Preferred
250
*3%
'
*80
Products
30%
5
21% Nov
Corn
Jan
85% July
24
29
4,300
Deo
il
V
Feb
50% Apr
54%
Deo
Nov
45
Corn Exch Bank Trust Co„
,
12
Copperweld Steel Co
Conv pref 5% series
1,030
*8
9%
:
89
Continental Steel Corp——No par
34%
x35
23%
27
100
16%
--
—
Deo
23
1,300
*95%
■
18%
Apr
1% Jan
5
9%
'
36%
11
Del—
47%
176
21 % Mar 25
May 20
Apr
13%
w.
18%
*36
11%
Continental
.
8%
18%
5,900
%
V7;
16%
38
26i%
*173%
"
t,
97%
*16%
*18%
•
18% Aug
1
54%
——
Dec
7
Fibre—5
34%
54%
%
Motors
200
Nov
77
Continental
21
2%
13%
21% Apr 29
5% Sep 22
30% Apr 28
7,800
9%
20
7
10
_20
4%
*45
—«r
34%
53%
;
8
3% Jan
171/4 Nov
% Jun
Insurance.——-$2.50
*20
9%
47%
23% Jan
22
6
Diamond
11% July
Deo
Deo
11% July
Continental
Jan
%
2
Continental
Jan
39%
May
300
Oct
37%
110
6
Jan
2,400
—■
21
9%
*45
7%
104%
8
22
6%
Dec
8
100
of
Dec
4J Jan
82
Inc
Dec
19%
100
Oct
10% Oct
100
preferred
96
6
13
No par
Dec
441% Jan
4
Sep 11
11% Apr 25
Corp of America——25
Oil
NOV
8% Jan
25%
—J.-' '
106
3% July 30
4% Jan
7
40%
—•
.
4% May 13
4%
,
'
'
8%
27
-—25
tConsumers Pow $4.50 pfd
98
-i25%
19
32% NOV
No par
preferred
conv
105% Noy
2
par
6%
'
'''
5%
Apr 29
78
par
40%
''
J*
'•/
26
35
*3%
12%
25%
"
W.
4%
54%
*54
'
6%
*20
45%
'
25%
40%
9%
451/2
*97%
98
"25%
pfd
Continental Bak Co
4
20%
9%
46%
9%
280
■
16%
100
_No
Consolidation Coal Co
200
87%
v
27
5
Corp
Consol RR of Cuba 6%
Mar
27
No par
Oil
Aug
31
Oct
1
$2 partic preferred
Laundries Corp
28%
35
28% Nov
7%
83
No par
Consol
Consolidated
19
9% Aug 15
74% Aug 19
5
-
No
Y
11% Oct
2
15
-100
_
38%
6%
25%
N
87%
40%
41/8
2,400
of
15%
25%
7
8
*36
200
Edison
64
12% Apr
100
$5 preferred
Consol Film Industries
500
5
8
8
*97%
*
40%
4
25%
20
20
*45
'8
■'
8
38%
25%
40%
9%
*9%
*45
*36%
98
25%
4%
25%
39
*97%
■
7
*67/a
*40%
A
8%
3
8%
*2%
25%
50O
Consol
Jan
17
17% Apr 29
1% Jun
3
No par
Consol Coppermines Corp
July
Nov
a°a Jun 26
'
151/a
91
83
7% May 12
1
preferred
Apr
Dec
Jan
21% July 31
—No par
_
72
8
,
No par
Consolidated Cigar
7 % preferred
82%
Not
2
20'A Jan
25
Co
Consol Aircraft Corp
91%
4%
Edison
Dec
42%
Jan
91 '/a
No par
4,700
85
'
Commonwealth
4%
43%
7
78
100'A Mar 17
Commonwealth & Southern—No par
$6 preferred series
No par
Congoleum-Nairn Inc
Deo
6
16% Jan
-100
Conde Nast Pub Inc
1
Highest
I per share
Jan
2% NOV 14
54
4% May
21% Apr
24
No par
Commercial Solvents
,
$ per share
45% Jan
Mar 16
51/3 Jan
par
—No par
'35
ser
3,100
11%
*82
91
*89%
*11%
84%
*82
pf.
conv
51
10
preferred
conv
$4.25
$ per share
1
Sep
4
.30% Sep J4
29
Sep
1
No. par
Credit
Comm'l Invest Trust
10,900
109 Va\
9%
'
31%
No
preferred
conv
4%.%
Co—
Pictures
Commercial
.
32%
31%
109 y8
.
Columbia
Carbon
100
,,
Year 1941
Lowest
Highest
* per share
No. par
$2.75
:
Par
:
No par
100
32
*106%
'
Range for Previous
100-Share Lots
Lowest
Columbian
400
28%
27%
109%
*106%
9%
On Basis of
,
Columbia Gas <fc..Elec
6%. preferred series A
5% preferred
1,200
1,300
*9%
Range Since January 1
STOCK
-•
24,700
75%
YORK
EXCHANGE
Shares
:
40%
NEW
.
40
75
27%
•,
2%
2
40%
*35%
9%
*30
27%
the Week
f per thart
short
77
9%
*105
31
75%
*30
110
30%
I per
38
*9%
26%
*105
31
*35%
Sales for
Nov. 27
Nov. 26
40%
37
77
32%
26%
27
Friday
Thursday
2%
40%
40%
*35%
9%
2
2%
40%
40
*76
.
2
40%
*36
;
STOCKS
Wednesday
Monday
Saturday
Monday, November 30, 1942
63
100
—.
Jun
25
Nov
13% Jan 14
Oct
preferred
.100
8% Jun
26
Cuban-American Sugar
—100
5
Jun
29
9
Jan
27
100
88
Jun
13
140
Jun
3
74% Jan
2
88
Nov
20
13% Jan
14
19% Sep
12
12%
Deo
25
Jan
991/2 Nov
17
98
Deo
99
Deo
Oct
14
%
95
Preferred
10
5%%
-
preferred
conv
-100
1% May
Feb
3%
13% Nov
8%
Sep
72
Feb
127%
Sep
41%
Feb
77
Deo
"
*10%
187/a
*98%
10%
10%
10%
*10%
18%
*17%
19
*17%
*99
99%
991/2
99%
*98%
99%
1%
1%
1%
1%
100
10%
19
1%
1%
1%
30%
30%
30%
30%
29%
30%
17%
17%
17%
17%
17%
17%
8%
8%
8%
7%
22
22
*91%
*76
22
21%
100
*91%
*76
■'
10%
1,200
*17%
'/+
/
1%
30%
30%
177%
1,500
6%
51,600
21%
.7
18%
6%
i
99%
17%
i,/■
*98%
1%
•
21%
Cudahy Packing Co
2,000
.
200
•
Cuneo
120
9,500
29%
30
17
17%
M—;
'
Press
41/2%
8% May 29
30
5
13
Mar 14
.1——100
No par
Inc
90
Feb
18
i3 Jan
2
.—
preferred-.!
Curtis Pub Co
(The)
8
x6%
6%
«*«m
Preferred
1,020
''
*91%
81
18
2
8
Deo
10%
Deo
1%
No
13% May 19
32% Nov
12
13%
No par
1
12
30
20% Oct
15
16
5% May 20
9'/8 Jan
6
1
18
Jun
24
25% Jan
12
100
80
Jan
19
95
Oct
23
No par
44
Jan
17
81
Nov
9
No par
Prior preferred—.
Curtiss-Wright
12% Jun 22
18
Oct
21
par
Jun
81
21%
160
21
*91%
16%
100
*3%
3%
3%
3%
81
*76
17
16
*91%
81
*16
16%
'
21
*76.
16%
Jan
Dec
45
16
•
'
100
*76
'
A
—-
Cushman's Sons Inc 7%
300
■
Cutler-Hammer Inc
81
7
*16
'.:
Class
pfd
$8 preferied
16%
Jan
Deo
34%
Dec
10%
Sep
24
Deo
29%
Jan
80
Deo
90
Aug
42%
Feb
47% Mar
0%
'
16%
Jan
'
21%
100
10
10%
18
1%
8
*10
14% Dao
20
Feb
July
D
•
*16
18%
*105-
*16
18%
12
12
12'A
108
11%
*105
108
8%
87/a
8%
21%
21%
21%
30
*16
*105
9
,
*29%
*11%
11%
108
8%
3%
3%
*16
9
*3%
18%
11%
*105
9
*16
11%
300
108
Conv
12
1,900
-
30
12%
i
21%
108%
9%
*8%
21%
21%
21%
30
30
30
30
30
9%
21%
30
*11%
1
12%
*11%
12%
*11%
5%
>
.
Co.
Decca Records
Deere
Inc
Co
&
pfd-— .100
102
Mar 10
;
—
9%
9%
9%
9%
8%
9%
8%
9
8%
9
3,200
Delaware
3%
3%
3%
3%
3'A
3%
3%
3%
3%
3%
2,300
Delaware Lack & Western
%
%
17%
17%
*30
39
*16%
17%
23%
23%
36%
*36
8%
8%
21%
21%
87%
*83
*8%
%
17%
%
17%
%
17%
..
14%
17%
*17%
17%
23%
23%
23%
23%
23%
23%
1,300
36%
36%
36%
*36%
37%
100
23%
23%
*36
36%
*36
8%
8%
21%
8%
21%
*84
21%
87
8%
*85
8%
8%
8%
21%
86%
8%
*36
36%
23%
22%
23%
*22%
23%
15%
14%
15%
14%
57%
55%
121%
122
15%
15%
16
57%
*5
55%
123
15%
6
*5
*9%
10
.*9%
10
9%
*115%
120
*115%
120
*115i/8
128%
129
125%
*126%
127
*126%
29%
*3%
*139%
*F78
33%
*13%
29%
4
141%
181
33%
14
29%
29
4
3%
140%
140%
181
32%
*177
33%
*13%
*33
11%
*110
1%
*177
3%
179%
300
16
*5
*8
*115%
127
55
1,000
13,900
"
28%
33%
25
*24
25
44
44
Dunhill
300
8 ft
5,800
500
130
31%
5,900
3%
500
143
1,700
179%
Electric
Auto-Lite
Electric
Boat—
1%
27%
27%
27%
27%
1%
1%
27%
1,300
500
27%
900
$6
33%
33%
33%
900
Elec
24%
24%
*24
24%
200
El
*43%
44
*43%
43 %
300
Endicott
112
109%
110
'
60
*55
*57
60
60
*57
60
*57
65
60
65
65
*65
68
*65
66
*65
66
50
573A
*57
65
page
preferred—
Storage Battery
33%
*56
2%
59
•ft
$7 preferred
44
*110
2%
*55
%
1927.
2%
57 3A
%
%
2%
*55
2%
583A
%
%
2%
A
6% Apr
12% May
10% Jan
18% Jan
5
65
Dec
86
7
May
Apr
7
2%
1,600
5%
Johnson Corp
preferred—
25% NOV 12
17
15% Nov 23
x9%
1,100
29
9
28
70% Oct 21
Nov
12
16% Oct
13
126
7
591/4
37%
Oct
May
23%
Jan
Deo
Dec
ylll% Sep
12%
2%
Dec
Oct
23
10% Nov
6
8
Deo
July 27
105
Aug
8
120
Jan
18% Nov
Dec
Dec
17% July
79
Jan
141%
Jan
23%
Jun
6%
Jan
10% July
117
Jan
144
Jan
2
136 V4
Deo
164% Jan
24
127
Nov
7
120%
Feb
127
Deo
118
Aug
8
111% July
11B
May
34
Jan
Apr
17
2
31% Nov 27
4% Nov
7
24
May
1%
Deo
5%
120% May
145%
7
160
Apr
182%
Jan
8
27
Dec
36%
Jan
Feb
17%
Dec
33%
Jan
Dec
17%
Jan
%
Aug
108
Apr
24
143
Nov
27
170
Mar 28
180
Nov
26
May 16
34% Oct
11
Oct
7
15
2
30% Oct 20
17%
2
13% Jan
10
10% July
1°0 Feb
Jan
21
5
14%
Jan
Sep
Sep
%
Jan
par
%■ Jan
2
1% Nov
2
%
Dec
4%
Jan
par
17% Apr
27
35% Jan
23
27%
Feb
39%
Nov
par
15
Apr
23
32% Jan 23
23%
Feb
36%
Nov
29
Jan
•
16
1% NOV
9
34% Aug
26%
Dec
19% Apr 24
26% Feb 18
21%
Deo
33
39% Apr
27
49
Mar 16
39%
Feb
47%
107 3/a Feb
16
112
1% Apr
par
-—50
100
Engineers Public Service—.——l
$5 preferred—No par
$5% preferred
No par
$6 preferred
No par
Equitable Office Bldg
No par
-
32%
■20% Jan
3
Natural Gas
9
23
26
2% Jan
17
2
34% Nov 12
•
9
107%
Nov
113
Oct
3% Jan
5
2%
Det
7
Jan
Apr
Apr 28
66
Jan
46
July 27
73
Jan
5
83
Jan
17
47% Apr
25
332 Feb
21
July
Sep
Oct
40
-
30
%
Paso
—
Nov
14
Feb
16% Apr
-2
No
No
No
No
Nov
9% NOV 10
37
Jan
120
shares
Electric Power & Light-
1,200
♦55
see
& Mus
Ind Am
Elec
5,300
24
112
9
102% May 20
—-3.
3,200
24
>110
9
87
111% Mar 14
.-5
(The)
1%
33%
33%
9% Feb
22% Nov
5
Jan
8
No par
100
—4.
Edison Bros Stores Inc
30%
2%
J/4
preferred
Eaton Manufacturing Co
cum
4,300
*30
Jan
2% Apr
1
Mills
(N J)
2,200
1%
Jan
41
112
5
Rolling
Eastman Kodak
14
1%
29%
Deo
13% Mar
100
Eastern
10%
30%
Deo
33
8
No par
100
——20
No par
Eastern Airlines Inc
29%
58%
footnotes
(E I) & Co
10
2%
For
Du P de Nem
$4.50 preferred—
Duquesno Light 5% lit pfd
6%
33%
*55%
•ft
preferred
*13
1%
21
39% Aug 24
7% July 17
par
1
International
Duplan Corp
*29
1%
Sep
Apr
27% Jan 19
May 21
10%
29%
20%
Apr
29%
1%
Dec
51
10%
1%
12%
95
29%
29%
27
70
No par
29%
10%
1%
Jan
—No par
13%
1%
23%
21
5
Jan
—No par
126%
33%
Sep
Deo
Douglas Aircraft.
9
Jan
July
6% Aug
% Aug
tV
Dow Chemical Co
5%
14
16%
600
120
Deo
Feb
7
16% Apr
Mfg Co_
6
2%
19
4% Jan 27
Sep
Aug
16
No par
No par
Dresser
18%
22
Dome Mines Ltd-
Casting Co
30%
Deo
Oct
32% May
Doehler Die
Apr
9%
1% 8ep
No par
33%
*43%
112
2%
—No
Co
11% Oct
27
Jan
6% Aug 24
16% Mar 7
No par
100
Class A
5
28%
37
2,900
115%
*177
Dixie-Vortex
6
13% Nov
Feb
18
Apr 28
33% Apr 20
2
Corp-Seagr's Ltd
pref with warrants
30% Nov
114
18%
18% Jan
3,000
128%
3%
Jan
16%
126%
29%
2
123%
*114%
142%
Distil
Sep
23
33
-25
preferred
109% July
5%
14% Apr
2
Oct 16
No par
Match—.
partic
Diamond T Motor Car Co
140
15
55
6%
33%
29%
28
»110
180
29%
142
9
22%
123%
1,300
Diamond
5%
36%
14%
pfd— .100
Raynolds A——No par
*13%
!
*33
112
3%
400
21%
Jan
7
14
&
110
8
Devoe
13%
xlO
1%
1%
31
34
43%
29
142
8%
830
Oct
14
37
86%
22%
7
;■.
Sep
11%
Deo
25
2% May 21
-20
33%
'
1%
29%
3%
141
127
115%.
17%
18
Apr
Jan
Detroit Hillsdale & S W RR Co. .100
29
29%
43%
6
9
120
37%
13%
14
10%
*23%
9
126
29%
28%
*5
115%
1%
34
16%
126% 126%
11%
*28%
56
123%
15%
116
*3%
31
15'
*122%
*115%
9
*36
23%
127
29%
1%
54%
*84%
91/8
125% 126%
1%
31%
6
9%
120
14%
*8%
x21 'A
■
36
116
11%
1%
16%
*22%
8%
21%
126%
29%
*177
55%
123
*8%
36
17%
86%
127
115% 116%
139%
15
8%
21%
*85
127%
29%
31%
fDenv & R G West 6%
*17%
*30
Deo
6%
9% NOV
-50
Detroit Edison—
16%
16%
36
116%
4,000
3,800
-
37%
124%
116%
%
171% •
*30
36
6
%
17%
37%
*122
*5
%
17%
*30
57
15%
*%
17%
38%
36
36
23
9%
%
17%
*30
14%
16
24% Jan
.100
Hudson
2%
26
16
4% Apr
par
-20
-10
—
10
17% Oct
12% Nov
18% Apr 29
25% May 12
9% Apr 25
1
No
3% Jan
'
Aug 12
-
Deisel-Wemmer-Gilbert
&
7
8
—
Preferred
1,200
.;
4
15% Jan
(The)—, —1
Dayton Pow & Lt 4%f#
1,500
2% Apr
„25
preferred
Chemical
Davison
3,200
12%
.—5
Davega Stores Corp
18%
11%
108
7
4
'
21%
30
12%
3%
18%
11%
21%
30
*11%
*3%
30
% Oct 17
64%
Dec
80 V*
69
Dee
83% July
74 y4
Dee
89% July
% Jan
% Nov
Vblume
"
Number 4129
156
THE COMMERCIAL ft FINANCIAL CHRONICLE
LOW AND HIGH SALE PRICES
>
Saturday
!
Nov. 21
Nov. 33
t per share
% per share
I
8%
•
,
85/a
8%
8%
8
1
38
%
6'A
6%
25 %
25 V«
I per share
7%
36%
3%
3%
6%
*6%
25
8%
7%
6%
Sales for
Nov. 27
t per share
■
I per share
*8%
8%
8%'
6%
6
.24.^
36%
Shares
i
1,600
36%
3%
24%,.
v.
3%
3%
6
6
6
23%
2 4'%
*%
*%
1
33 Vs..
1
"
1
33 Va
33
33
33%
33 Va
,
22%
21%
21%
21
21 y«
*6%
TV*
*6%
♦22
*76
80
21
21
*11%
*76
79%
21
3%
3%
14%
14%
74%
74%
•11%
11%
*74%
*20%
11%
*11%
*103%
197/a
104%
34
4
10
*37%
>38
11
134 T,
3%
'
9%
3%
3%
3%
10%
10%
>128
37%:
: 6
*5%
6
*5%
*40%
53
*40%
35
35%
35%
17%
17%
17%"
;
94%
94%
2%
*35
36
*17%
17%
■; 17%
94%
95
94
*2%
35
2%
:
1%
*2%
2%
2%
35%
600
17%
*17
17%
300
Fruehauf
94%
*93
94%
90
2%
1%
4,100
9%
9%
700
*19%
19%
19
3%
3%
9%
10%
9%
55
3
3%
*8%
9%
*50%
*9%
6%
6%
6%
9%
6%
102%
♦100%
102%
*101%
38
37%
5%
38
5%
4%
4%
3
2%
37%
5%
4%
•
2%
4%
*2%
:
2%
7%
7%
70 >A
72
70 >A
70%
21
21%
21%
21
21
20%
2iy2
*130
132
*130
132
29%
29%
35
35%
35
115%
*114
*114%
1%
1%
*90
84
29%
29%
35%
/ 35%
.35%
116
114
1%
1%
90%
*83%
84
*129%
130
42%
42%
♦125%
126%
41%
*83
126
83%
*82
130
130
126
126%
*16%
18%
2%
2%
14%
14%
*14%
14%
14%
14%
4%
%
13%
12%
12%
*103%
'
104%
12%
12%
12%
12 Va
*12%
31%
*30
16%
*103%
104y2
*103%
%
Y *30
-
9%
9%
62%
59%
*16
;
16
16%
.
15%
15
15%
107%
*105
107%
13%
'
4%
*60'/a
5%
:
*
4%
5
.
•
v
2-
24%
24%
22%
3%
*55%
14%
*14
♦7% ■:
23%
U
7%
-7%
31
31
21%
23%
63%
>
21%
23%
23%
>136%
%
-
%•
*4V-r
8'A
8%
7%
7%'
16%
Xl5
15
23%
23%
137%
11%
*11%
11%
11%
*2%'
2%
2%
23%
23%
.
138
>137%
*137%
"
-32
*31%
14
14%
14%
*11%
11%
60
32%
11%
11
81
20%
63%
*11%
*11%
23
31
21
*60
13%
11%
63%
11
10%'
5,600
2%
77
-
2%
.*2%.
*78
3%
3%
11%
2%.
28%
28%
27%
28%
79
*3%
27%
23% July
97
Nov
10
10
6
23
Sep
May
6% Apr
8% Apr
51
7%
Apr
Jan
15
20
2%
Jun
2%
Sep
12
Nov
'
Dec
23
Sep
5% Mar
3% Oct
24
2%
Dec
13
6
Apr
17
10% Feb
52% Jan
20
8%
Dec
12% July
22
47%
Jan
53 % May
7% Nov
9
4
Apr
Jan
5
101
Jun
46% Feb
16
5% Nov
10
Nov
13
4% Nov
20
Sep
104
11
12
Apr
Apr
Aug
9% Nov
25
3% Jan
Dec
1%
99
3
Mar
35
1%
3
Jan
July
22
3% Apr
"
1
3
Jan
21
8
13
106
93% Deo
2% Jan
Deo
46
Dec
2% Sep
11
28
Feb
98
36
May 27
2
130
28
2% July 31
39%
5%
Dec
115
Mar
Oct
104
Dec
3%
8
Sep
55
Jan
7%
Jan
Dec
144
July
2%
Dec
5
Mar
11
16
3% Oct
10
2
Dec
6 Va
Jan
9 % J an
14
6%
Dec
15%
Jan
Nov
27
90% Feb
4
73%
Feb
97
Sep
par
16% Apr
25
21 Va Nov
25
16
Dec
22
Nov
27
118
Dec
130 Va
:
2
Sep
6% Sep
120
Apr
21% Apr
132
29
28
30% Oct 21
par
61
Dec
40% Jan
5
33%
Feb
116 % July 24
23% Apr 24
111% Apr 29
% May 13
X
24%
112%
1% Jan
Jan
9
87
%
15
102
Mar 25
38
Oct
Apr
Jan
42%
Jan
35 Va
Sep
117%
1 %
Jan
104
Jan
Aug
Nov
Nov
Oct
26
100
122
Apr
16
131% Feb
10
Dec
132%
Jan
10
30
Jan
2
43% Nov
9
28%
Dec
48%
Jan
—No
par
122
121%
Dec
127%
par
Apr 10
13% Aug 31
July 29
No
27%
Dec
par
1% May 13
Tire
64% Apr
29
•
1
par
No
3% Sep
A Jan
par
10% Apr
100
101
:-l
No par
23
3
6
14% Nov
31
17
109% May
% Jan
2
3
Aug
4%
14% Nov
Dec
7%
Jan
110%
Nov
Nov
Va
9
Dec
16 Va
Jan
98%
9
107% Jun
Jan
sa
Jun
106%
Jan
34
27
Mar
4%
105% May
13"'
23
48
Sep
5
x
Jan
% Oct
13
Va Nov
Mar 11
31% Nov
16
16% Apr
25
Dec
19% Jan
5
14
Dec
29%
Jan
Feb
7
8%
Dec
11%
Jan
79% Jan
19
46%
Jan
80 Vz
: Jan
5
10
Dec
24
Aug
65% Jun
par
10
12
20
13% Mar 30
20
11
Corp—No par
% July
Sep
16% Jan
16
13
Dec
22
Jun
Feb
24
102
Mar
112
Dec
14% Oct
May 21
14
110
—100
101% Sep
21
5
7% Jan
12
2
5 Va NOV
Co_
Sep
% Mar 26
1
Rubber
&
91
2
5% Jan
78% July
125
14% Apr 28
8% May 27
No par
Corp
Apr
Jan
3 Va Jan
30
99% Aug 25
10c
preferred—No
128
10% Mar 11
:
preferred
Co
6%
Dec
14% July
—No
50
Gobel
(Adolf)
Goebel
Brewing Co
Telegraph Co
25
20
4
65% Jan
27
May
i2y8 Sep
61
8
16
Oct
24
Jan
2
44
Feb
V* Jun
15
4%
60
54
74%
Dec
Deo
Sep
Deo
9%
Feb
11
.
4%
Dec
35
4
Sep
Oct
17%
Sep
46
Jan
'
",37%
—1
—
Nov
5% Jan
50
par
2% May
34 Va May
20 '
Apr 28
4
No par
—
preferred
Jan
X40% Mar 31
.-No par
—
(The)—
conv
3
No par
No par
A
\l Jan 30
Dec
3%
•
31
~
-800
-
■>
5,100
conv
—No par
—No par
Gotham
preferred—-.
r-No Par
Hosiery———No par
Preferred
100
Granite
Grant
5ft
Gr
w
No par
L_No
City Steel—
(W T)
1
5
div ctfs
Co
Nor
Iron
20
Ore
2
2%
Dec
13
80 Y
Dec
2
25
Oct
9
18
13
•
Nov
Jan
56
Jan
-
8
82% Nov
10 % Jan
2
23% Nov
2
90
Oct
54
1% Jan
4% Nov 23
2
21%
Dec
Dec
1
"74%
Jan
Sep
Jan
Nov
Oct
: 20%
Sep
<90
Jun
25
<
Jun
Nov
19
lVa Nov
2
%
Jan
5% Jan
10
3% July
68%
Nov
1 Va
Jan
6%
Dec
81
7
Sep
•
*
20-
Jan
18
Dec
10
59 *
23
x58
2%
91
11% Apr
7
60% Jan
Great Northern preferred
1,600
Great Western Sugar
60
60
10
14%
6,800
*11%
11%.
*11%
11%
1,500
2%
78
-700
2,900
28%
2,100
28
28
25
*23
25
35
*33
35
12%
*12
12%
i600
10%
500
25
22% May 4
23
July 23
Jan
conv
preferred
28
21
—'
—
—No
preferred
Gulf Mobile ft
50
m_10
RR
preferred
—No
—No
Dec
13% :Jan
5
Dec
12%
31% Nov 24
28
Dec
.36%
23
Mar
25 Va
Jan
12%
Dec
18%
Nov
*
:
Feb
3
18% Oct
27
25
25
21'
Jan
Jan
28% Jan 27
28% July
18% Dec
197/a
28
Jan
14
135
42
Mar
Apr 24
33% Jan
3
14% Nov
10
29% May
9% May
144%
Dec
7
10% Apr
10
25% Feb
Jan
25
Mar 31
par
1% May 22
2
48% Jan
par
Dec
6"%
63% Nov
Apr
9% May 20
par
3%
July 16
__1
100
Ohio
19
22% Apr
130
1
9
8% Aug 21
9% Nov
6
*
100
.'—No par
Grumman Aircraft Corp
Guantanamo Sugar.'—
$5
Apr
100
Greyhound Corp (The)
8ft
6
:
3
22
No par
'
120
3%
Mar
19% Jun
Preferred
5% ft
Sep
14% Jun
Green Bay & West RR
Green (H L) Co Inc
300
,
4
6
par
No
23%
•>.;
No par
Prop
4,800
138
par
10
—
preferred
21
14%
2%
$5
100
400
3%
5ft preferred
Goodyear Tire ft Rubb
29
Feb
73
100
No par
—
Grand Union
32%
78
(B F)
'-500
*31%
'
Goodrich Co
2% Jan
82
1% July 28
—1
—
"800
"
'
78%
3%
~2%
7
18
2% July
No par
Graham-Paige Motors
Granby Consol M S ft P
'
3%
17
10% Feb
45
67
_No
Corp
Brothers
4%ft
600
i 7,300
300
>16%-
14%
29
9,000
8
16%
*31%
2%
*7%
16 >/2
14 y8
29
1,200
24%
14%
*78
7%
*23J/2>
*60
18% Nov
3
par
No
Telephone
conv
Gltdden
•; " 200
6,900
8%
31%
14%
3%
■
4%
*7%
24%
32
82
4%'
8%
*30%
20%
Jan
Jan
16
par
Safety Razor-
1,000
-100
in
*23%
21 '/a
132
4
'
24%
20%
$5
50
31%
31%,
3%
4%
*23%
32
*79
7%*
Feb
105
19
5
No
preferred
Gimbel
V •80
) 3.
4%
'
■'
88
4%
*78
80
U
4%
63%
12
-
fit
".
:■/
4%
4%
*78
8%
32
11
%>
4%
*
137%
138
*60
4%
79"
'
31
23%'
237/a
16%- 16%
21%
""
4%.
2t
9
—No par
$6 preferred
22%
79
Jan
Nov
,
100
Realty ft Utilities—
Gillette
200
82%
22%
*87%
8%
;138
<•
82%
*81%
'.i
,20%
136
26
1% Jan
par
.•
Gen Time Instru
200
24%-
88%
8%
16%
23%
24%'
22 Va
4%
.
30%
138
24%
v
88%
4%
Dec
9%
41
5
Gold & Stock
21%
»■ 80%
26
4
,
,
"88%
82
Sep
12% Jan
28
1% Jun
5
—
Gen Steel Cast $6
78
>
"22%
82
May
32%
Feb
8
_100
preferred
1,400
2
*1%
*71
88%
•
24
May
32% May
par
No par
Railway Signal
6ft
Jan
9
3
5
A
preferred
General
Deo
13%
85% Apr
—50
Precision
General
Jan
35
Dec
38% Jan
1
—
7
Jun
9
29
15% Apr 24
par
—
Dec
21•
30
38% Nov
May 28
14% Sep
Nov
.
No
530
9,100
%
•
:
21%
82
,
No
—
Adv
General Shoe
•
x
114
Jan
16 Va July
•
2
78
-
82%
4
:24%
*60
14%
%
A;
Gen
: 1.000
.
9% Apr
13
5% Jan
42%
103
Dec
11% Jan
27% Mar 14.
——1
Foods
Outdoor
$6
1,200
;::800
:
10
3
36% Mar 19
Aug 28
8% Sep 30
100
General Refractories
•
3
28
—No
Gen
39%
89%
4 Va
16%
24
r
39%
3%
Gen Public Service—.
■56%
14%
39%
14 y2
*71
24
*56
5%
Apr
—
500
•61%
5% •i
V,::
22%
*7%
30 *A
73%
*60
5>/a
Jan
25%
$6 pref opt div series—.
12%
:
33%
Dee
—25
Cigar Inc
2,600
107%
5-
56%
>
2
24%
8%
*23'/a
21%
%
*71" '
80%
.
4%
:.
*
'V
61
5%
39%
%
%
8%
40
15%
:
22 Va
•
4%
;
5%
1%
*88
4
81
56%
14%
*39%
61
.
•'>,
12%
*105
12%
5
.16
82%
89%
*79
*55%
-73%
23%'
,
22%
•„
5%
>
10
56%
.
Dec
17%
No
1,500
15%
15%
4%
60%
15
.*71
82%
*82
5
5%
1%
.
15%
12%
*59%
42
%
,
73%
.
2,300
1,500
9%
15%
*105 v: 107%
12%
5%
57
147/a
*39
,v' %
1 .r
56%
V
16%
21% Feb
-No par
preferred—
6ft
16
9%
25% Oct 20
Apr 21
May 22
Equip Corp
General Printing Ink—
60Q
3/8 ;:;h %
31%
56%
r
60%
i...
*55%
15
42
*1%
*88
5
60%
57
15-
*39
*71
4%
.
;
16
-
15%: 15%
15%
12%
5%
*55
16
*15
/
*30
16
9%
56
'105 V- 107%
13
»';>
%
31%
*9%
58%
12%
61%
,<Y.
*5
9%
*15%
*13
■
16
57
16
*105
*15
16%
9%
61%
*30
16%
9%
61%
%
VfT
-31%
•
Mar 27
Common
104'%
16%
*9%
:
:.
12%
104 y2
15
18
9 Va Jan
—No par
Corp„
Y': 4%
■'
39% Feb
105
Deo
par
No
1,200
9
90
Nov
Sep
31% May
8% Dec
preferred
14%
02
105
27
29% Apr 30
-10
14%
4%
Jan
Jan
98
No
Gen
104%
Sep
18%
15
(The)
500
«
45%
23
cl A
900
*103
10
Feb
1
300
3°3
Deo
Apr
.
3®3
Jan
8%
27
4%
4%.
Jan
12% Dec
10
2%
104% 104%
''
1*6
97%
Dec
34%
8
17%
Gen
86
20% Oct
13
14%
14 ye':
6
12% Nov
Jun
2%
127:
Sep
Jan
4%
41% Jan
Oct
17%
17
27%
21
1
General Motors Corp
$5 preferred
*103%
%
iV
31%
'
16% .17
*126%
5ft
2% Apr
14% Dec
87
87% Apr
(6 conv preferred series A-No par
General Mills
A
-—No par
130
4
7
96% Jan
Gen Gas <fc Electric A
26,00(1
Jan
Va Feb
18% Jan
14% Nov
Corp
$4.50 preferred
200
41%
7% Apr
5
2%
17
*2%
104%
16
40%
126%
126%
4%
*103
%
104%
*
4%
104%
*103
hi
:
4%
4%
,
104%
>2
*30
*17
41%
4
Jan
26% July
29% Apr 29
13% Jan
3
38
preferred
General
40
84
129%
41
30
—100
General Electric Co
2,600
:
-
Jun
Dec
2
preferred—--;
cum
7 ft
400
-
1%
93
3
11% Apr 28
74% Nov 20
20
Bronze
General
5,700
114
1%
*90
83%
126%
*12%.
114
.
1%
93
14%
—~10
Transportation
Baking———
900
26,000
35
129%
2%
*103%
114
1%
42%
17%
*%
.34%
84
41%
*2%
4%
35%
8% Dec
May 14
preferred
t7%
10
29%
19%
12
par
Amer
360
130
129%
42%
2%
17
*103
28%
B0
16
86
General Cable Corp
Class A
600
132
29%
*90
2%
17
132
31
11% Nov
No par
1,100
-
Jan
24% Jan
15
pfd—100
Generai
•"
93
18
Apr
No
1,000
19%
Xl9y8
132
114
1%
93
General
7%
35
.,
Gen
1,700
70
10
Apr
8
par
$6 preferred—.———.
4%'
69% Sep
Gen Amer Investors———No par
1,700
2 %
7 Vu
67
Co
Jan
>
20
par
(Robert)—
conv
3,000
;:
28%
114
1%
*90
5'/2 ft
'
84
130
*129%
*130
29
90%
93
7%
100
Gaylord Container Corp
$8
2%
7%
71%
May
preferred
5%
4%
Mar
Wood Industries Inc
37%
5%
4%
7%
132
100
*130
21
•
37
5%
—
71%
29 %
300
6%
72
*129%
Gar
(The)
Inc
Gamewell
102%
72
7%
10%
6 Va
37%
Mar
13
preferred
5ft
54
*9%
*47
Co
6ft
3,500
*101%
*130
;
3
6%
5%
4%
:
6% :
.
38%
3
9.%
247/a
Dec
preferred
conv
Gair
9%
*8%
54
43%
Jun
6%
Co_
Trailer
Gabriel Co
70
*101% 102%
*132
4%
2%
.
8%'
6%
102%;
5%
133
9%
19
2%
91/8
*48
37%
5%
*130
3
*8%
51
*6%
3
•
9 Vn
51
55
>100%
133
5ft
200
1%
19
Deo
16%
5
Co_
Freeport Sulphur
2%
*8%
*2%
*35
*18%
32
29
8 % Jan
par
Francisco Sugar Co
94%
19%
16
29% Jan
-No par
$7 conv preferred
6% prior preferred—
36
'• 19
37% Jan
30
—10
35%
8%
Jan
No
F'k'n Simon ft Co Inc 7ft
l7/a
%
22
Foster-Wheeler
2,100
2%
Deo
23
Jun
Machinery Corp———
53
1%
i%
No
Corp
preferred
*40%
1
10
„_No
Co
53
;*17
1%N0V
lh Jan
100
Stores
*40%
8%
9%
*7%
6%
Jan
__10
Steel
conv
Food
17%
6
30%
Jun
Food Fair Stores Inc—
30
*2%
3%
*4'A
.
1%
3%
5%
V
9
*8%
38
131
*17
5%
400
1%
19%
>128%
17%
5%
5%
1,300
9
*9
•'19%
*9%
*130
Dec
$2.50
(The)
Stove
Follansbee
50
200
1%
1%
9%
*50%
57/«
Co
900
10%
21%
.
2
Florsheim Shoe class A
37 Va.
%'"
13
No par
preferred
Florence
9%
*10%
Y,
National
$4.50
200
32 .;
28% Oct
6
A
400
9%
1%
*9
95
136
*17
53
37
•
10%
*129%
17%
53
40%
37%
*10%
137
*17
Flintkote
9%
37
17%
First
100
series
3%
*30 %
9%
11
*17
1,200
5,000
3%
30%
*9%
Jan
May 20
20
1
18%
30%
36%
*125 J 140
Y GV*
-
Jan
8%
19
Corp
24
24
*18
30%;'
v
*9
'100
14%
3%
27% Apr 28
Fidel Phen Fire Ins N Y
33%
Dec
Dec
15
Firestone Tire ft Rubber
100%:
9%
30%
38
*10%
17%
6
18%
900
1,200
104%
14'A
1%
4
100
1,400
preferred
Nov
18
26
par
preferred
Enamel
Aug
42%
4% Sep
6% Oct
No par
Ferro
Aug
7%
Dec
—20
Dept Stores
conv
2% Dec
30%
2
No
4V4%
27
24
Federal Motor Truck-
19%
*96
24
*18
33
37
,
136
*17
*23%
18
r
*9%
11
A
24
18
100
23
10
1% Jan
Federated
12
33%
14%
*.100%
24
4
>30%
32%
*96
•700
1,000
Oct
Jan
Highest
I per share
Dec
,__5
40
■
*103%
«
34%
14%
*
V
19%;
104
34
14%
100%
11%
40
18
,
4
*9%
104
1
34
14%
*96
11%
40%
19%
r
19%
24%
18
-
11%
No
Federal Min & Smelt Co__i
77%
*75%
Co
Light & Traction
$6 preferred
Federal-Mogul Corp
3%
10
44
4%
4 Va Apr
$2.50
100
14%
■
Corp
Fajardo Sug Co of Pr Rico
"56
2
3
-
ft
2
23
5
800
t
11%
3%
Morse
3% Jan
32% Jun
I per share
10% Oct
5
Federal
20%
.
14%.
77%
40'
,
104%
33 %
14%
100%
*24
24%
*103%
34
14%
18%
*30%
*75
12
41
19 %'
*96
4
77%"'
40%
97
*18
3%
14%
*11%
14%
*24
*74%
3%
14%
11%
34%
14'A
97
3%
14%
■
*103%
104%
33 'A
3%
1
600
Year 1941
Lowest
I per share
4
100
Corp__
Buffet
4% Jun
par
Cleaner
Fairbanks
1,000
■
6%
78
20%
*11%.
19%
-
78
20%
11%
41%
*41
19%
79%
*78
1.
32%
21%
*ey2 '•
7
No
Range for Prevloai
Lots
Highest
J per share
par
Co
Exchange
21%
22
Vacuum
Products
Ex-Cell-O
1,500
32%
:32%
.
20%
14%
.
77%
11%
79%
19%
*40% :-4iy2
19%
32%
*6%
Eureka
1
20%
3%
14%
1
■
11%
.
11 %
*3%
3/„
*21%
•
7
*76
21
*11%
11%
*6%
7
14%
•
*
No
common
5% pref series A
Evans
of 100-Share
Lowest
\ Ctfs of benef int
700
■
On Basis
'
Par
JErle RR
1,100
-
Range Since January 1
STOCK
•
2,100
24
YORK
EXCHANGE
2l;300
36 y»
*3%
NEW
the Week
8
7%-
8
36
3%
Friday
Nov. 26
-
share
8%
36%..
24
25
t per
8%
8%
8%
3%
Nov. 25
1
STOCKS
Thursday
Wednesday
Nov. 24
37%
37
3%
...
Tuesday
*
,
8%
8%
38
3%
*
Monday,
1921
143
54
36%
*
July
Aug
Dec
Sep
14%
Sep
11% Aug 31
10"%
Jun
11%
Apr
14% Jan
6
10%
Dec
18 Va
Sep
1%
3% July
Feb
3% Jan
29
3
Sep
4% Oct
28
2% Jun
24
1%
Feb
4%
Aug
Jun
2
33% Oct
23
9
Feb
23%
Deo
18
86
13
Jan
^
65
Deo
H
-26
*22
*22
25
*33
35
*33
12
12
12
10%
10
100%
*99
*10
*99%
For
footnotes
see
10
*23
35
*33
12%
*9%
100%
page
25
>33
35
*11%
>21%
1927.
*99
12%
10
100%
12%
.
10
10
*10
*100
104
*100
104
Hackensack
7ft
Hall
class
A
—
preferred
19% May 21
25
29
10
Co
Hamilton Watch Co.
6ft
25
Water—
preferred
Printing
—
—No
—
25
Feb
11
5
11
33
Jan
8% Mar 16
13
Aug 22
par
8
100
95
Apr
25
11% Nov
12
Mar 11
106% Feb
7
Jun
23%
Dec
33
Jan
33
Feb
38
Mar
Dec
16%
Jan
8%
8%
102
Dec
15
Jan
Dec
108
July
NEW YORK STOCK
*100%
12%
101
12%
101 %
13%
4%
4%
8%
*7*4
1
*87%
*7%
8%
1%
1%
*1%
89
89
»88
92
7%
57%
*56%
57%
13%
70%
13%
13%
70%
*132
135
42
42
95
96
*91
*14
15%
*15Yb
*26
27
26
*14
15%
*15Vs
6%
13
*113
115
27%
28%
29
*38%
39%
*38%
10%
10%
10%
42
43%
*42
102%
32%
32%
1
32%
*%
4%
21%
4%
*4
•]{}
21%
21%
4%
4*4
4%
I
4%
21*4
4%
(j
^
13
13
1%
*1
*4%
*4%
5
;
;;
814 •-
:
..
8
19%
39%
4%
11%
8*8
20%
*20
1134
12
12
11*8
29
28%
29
4%
"
..*159%
95
95
97
*94'
;
*159Va
162%
162%
60
60
59%
60
11
11
10%
10%
6*8
6%
*6
*6
107
*7%
7*4
7
6%
6%
6%
54*8
163
34
10%
8%'
*8%
28%
28*4
*131*4
8!4
44%
.
.
2%
36%
*40
41%
29
*100*4
104%
6%
7
*9%
*28%
*35%
*100*4
6%
6*8
*
9*4
38
*35%
,
37%
36%.
*40
*2838
,t
44%
2%
447# '
*2%
7
■
7*8
10
*91
92%
*10%
10%
*27%
*137
28
53*4
163
10*4
*27
•
28%
3%
39
41%
29
37%
104*a
6*4
6*«
9%
.
I
"
98
*55%
69
8*4
*11%
*120
11%
11%
6%
27*3
8*4
8*4
*11
11%
11
"%
14
*8
*103
'
13%
8%
8
3*4
:
13%',
105
2914
*13%
14%
*25%
26%
*25%
'
29*4
15
29*3
26*4
26%
*2
2%
*2
2*4
*34
3434
*34
34%
10*4
27
139
9%
25%
98
11V4
"
•
*19%
*2%
*23
25*4
197s
19*i
19%
3%
*2%
22%
3*8
22%
25*4
25%
25%
23%
26
—
'
*
.
5*4
*23
*11
*7%
84*4
*103%
13%
7%'
t
11%
29V2
14%
26
2*4
34%
19%
3%
23%
25%
'
—
—
—
—:
—
:
'
-
—
:
—
:
—
! ;
__
x27%
*13%
*26
•
—
__
*9*4
9%
.
19%'
*9*4
*36
17%
10%
10*4
10%
*10%
*10
25*4
25*4
25
21
108%
25
21
108%
25
*19
21
*108
21*2
110
2%
274
2T8
2%
1
1
1
1
1
1
*108
'
—
12*4
*11*4
23%
23%
2274
*14
14'2
23
23
30%
30%
4%
4%
For footnotes
*14
,
12
11%
11%
23%
23
23
14%
12*4
*14
14%
23%
23%
24
24
30%
4%
30%
4%
30%
4*2
30*4
4%
see
page
1927.
I
—
11%
22%
*13%
-
23%
4%
'5,600
18.80U
6,400
'
1,600
' 2,300
690
200
500
300
',
-
)
;
900
'
•
4—
19%'
__
*2%.
.
*23
25%
——
/100
' !
j
'
$6 preferred-^—
f
1,500
1,100
400
-4,000
'■10
5,900
'
300
300
1,000
.
'
1
'
;
1
-
'
f
•
"
■
200
50
'200
1
'
400
500
-4
;
300
-
40
'
:■
-
'19%'
'
2,000
1
'500
3%
24
25%
,
Apr 10
1,300
138
Apr 18
16%
187/a
30%
9%
16%
Dec
bee
Dec
Dec
-
Feb
115
Apr
Dec
Dec
Dec
Apr
11*4
312
13%
5
20*4
85%
154
Deo
Dec
Dec
Dec
Feb,
May
Dec.
'Sep
63
%
3%«
21%
4%
Aug 13
Feb 10
Mar 17
2
May 26
16
6
Apr 17
83% Nov 4 ?
7
Jan , 7
93% July 23
10% Apr 24
4% Jan 9
"100
26*4
11%
'
24%
May 6
Jun 2
Apr
Jun 25
1% Jan
.•
9
5
30% Sep 4
17
Mar 31
2V# Jun 15
19% May 7
22V# Apr 29.
OCt
7% Oct
29% Nov
11 *'2 Feb
100% Jan
IIV2 Sep
•
.
Jan
July
Aug
'
Jan
Jan
Jan
Jan '
July
Jan \
..
Jan
Jan
Sep'
Jan
TO % Aug
-24
Aug
May
Aug
Jan
July
July
Jan,
Jan
90% Jan
13% Jan
' 7Va Sep
27
Sep
45%
4*4
21%
9%
29%
111%
161
-
8% Dec
6
Feb
19
Dec
107 July
3*4 Feb
1 6
Dec
140
May
42*4' Dec
150 4 Jun
124
5
1-6
26
9
167% Jan
57 July1.
170 V Jan*.
1
5
13
24
102
Sep 12
14% Nov 9
8% Nov 7'
Dec
Dec
Dec
105*4 Jan 20
37*4 Jan 3
14% Nov 17
.
29 Jan 3
2% Feb 5
40% Feb 5
22% Jan 9
3*4 Jan 23
27- Jan 2
29% Jan 5
14
Dec
Sep
Jan
Sep^
Jun
Sep
;
<
>
Oct
Oct
Jan
Oct
Oct
Sep
Sep
T
Sep
Sep
Aug
Aug
. .,
Jan
128
Feb
'-27*4 July
67
Aug
86% July
14
Sep
Oct
Dec
Deo
98% Feb
30% Dec
11% Dec
25
Dec
1% Dec
23% Feb
21 .V Dec
2% Feb
x22% Mar
24
Feb
July
44
Jan
111*4 Dec
71% Sep
Nov
Dec
9*4 Dec
'4'/# Dec
,
2% Jan
13*«'Nov
134% Aug
Mar
4% Dec
xll6% Jun
2
Dec
13% Dec
9% Dec
100. Mar
• •
-6V# Dec
' • 95 J Dec
,
113% Jan.
8
Dec
11% Jan
19 V* Dec .
9 l, '-6% Apr
12% Oct 13
124
Sep
AUg
% Jan
Dec
j
9
5'%
Jan 5
31%
Jan 5
107%
Nov 14
49%
Nov 4
.122
Jan. 3
16*4
Jan 6 '
59
79% Jan 3
64'%
11
Jan 20
8V4
May 20
Jan
Jan .'
\
33%
107%
May 15
67%
Jan 9 .129
May 20. : 24%
May 1
64
2*4 Jan
■
Nov
July
Oct
Oct
39 13%
64
111
5
37%
Dec
Aug
Dec
July
Jan
52% Jan
.
-'4*4 Dec
4-
10% Nov
Jan 2
May 15
May 4
5
No par
Kennecott Copper™——No par
Keystone Steel &i W Co™-'—No par
Kimberly-Clark—2—
No par
Kinney (G R) C0—z—.
:
1
$5 prior preferred...
__No par
Kresge (S Si Co
—:
10
Kresge Dept Stores———;
1
Kress IS H) & Co
j—^No par
Kroger Grocery & Bak
—No par
21,200
34
*4 Jan
12*4 Jan
9% Oct
55% Oct
4% Nov
30% Oct
,
115-
•
13
2
2
117
Kendall Co J$6 pt pfd A
-
1
26%
,
Kalamazoo Stove & Furn——10
Kan City P & L pf ser B—No par
City Southern—No par
'--4% preferred™
:
1100
Kaufmann Dcpt Stores
1
5% conv preferred-L——100,
Kayser (J)'& CotL/—
5
Keith-Albee-OrpheUm preferred_100
Kelsey Hayes Wh'l conv cl A
1
Class B——L
—1
v
.
27%
14%'
21#
-
127
Kansas
1,600
1
——_1
.
—-
'
38
1
5%
Jewel Tea Co Inc——
—No par
18%
4*4% preferred™—
——100
85
Johns Manville—No par
50%
Preferred
—
100
122
Jones &'Laugh! in Steel——No par % 17%
? 5% pref series A—
—100 < 54%
■
5% pref series B conv_—-—100
61
Joy Mfg Co
——1
7%
5,400
8%
84*4
11%
May
Jan
Jan
Sop
Jun
Apr
May
July
*4 July 27
, v 5% May 25
,
3*4,May 29
.
: ;■
9% Nov
2
16%
80%
132%
56%
.
Va Nov
'
23% Oct 26"
42 Mar 25
4% Oct 5
21
16% Feb 4
2
14% Oct 2324
29
Nov 21
1
100 Jan 8
3
161
Nov 13 '
54
Apr 24
74% Feb 4
8*4 May 20
12% Jan 14
5%'Apr 2]
6*4 Feb 5
.• 18% Oct
5 " -23% Jan 27/
' 100*4 Aug 21
111% Feb 3
5 Vt Apr 29 -, 10% Jan 9 ;
5*4 May 20
8 Jan 14 ;
109 % Mar 16
151% Jan 5 •
40
Apr 24
55 Nov 14
147
May 6
166
July 9
Jarvls (W B) CO——
,
' 800
: '
1% Apr 13
2
168
A Dec'
.1*4 Dec
15*4 May
'2% Deb
*
Sep
8% Sep
86
Jan
.
;200
5%
34
•
*—_
•
63.700
-8,500
11*4-
*2
__
—
,
,
12% Jan
.
121% Mar
6
Aug
22% Aug
14% Aug
104*4 Jan
%9
Aug
" 121% Apr
18
Jan
1 8% Jan
106
39%
14%
38
3%
40V2
26*4
5%
28*4
29%
'
Mar'
July
July
Jan
July.
July
Sep
Sep
Aug
Jan
•
—
■;
—
1
*9
—
—
y
■■
:
—
*36
—
*17
V1
yy
9%
30
!
,200
__
10%
10%
200
—
__
26%
26%
.1,000
__
„
*19
20%
.400
—
108
—
108
2%
—
22%
*13*4
3,900
23
—
600
11%
—
—
„
l
11%
—
__
.
20
2%
1
—
—
.—
—.
—
—
'
14
24
24
30
4%
30%
4%
700
1,200
"
L
; ■
100
Laclede Gas Lt-Co St Louis
10
38
-17%
"
.
—
23%
30%
■
„
23
14%
x30
4%
'
Jan
Aug-31
Aug 31
Nov 9
Nov '7
86
9
-r_
—,
26
. —
f- —
Internat'l-Mining Corp—-——4 .
1% Apr 25
21 "
1*4 Dec
4
Int Nickel of Canadaw—•—No par
24*4 Apr 29
'9 - 23
.Dec
31%
Preferred,4__^_^--——i™100 -126% Jan 3
135 July 16
125 . May
'131
International*. Paper. CO——15
> 7%,Sep 14,: '.,15% Jan 5
,10% 'Feb
20.;
5%. conv preferred—
:-4„_100
43% Nov 19;
60% Jan 5* . 51% Dec
' 73%
Inter Rys of Cent.Am.
,-S.iNo par
1 Va Oct 9
3% Nov 23
IV# Apr
2%
v- 5% preferred!—2iL_2_——100
30% Oct 23^
46% Jan 30
32% May
48%
International Salt—--No par
39
Mar 14
48%Feb l3 ;
38V* Feb v
49
International Shoe_jzzi* .—-No par26
May 6
32 Feb 5
26 May
31*4
International Silver^--—2-2—50
26
May 20
39% Oct 16 . 25 V* Feb
49
> 7% preferred/™/^———
100
94
May 7
104% Oct 15 '
95
Jan
104
Intern'! Telep & Teleg
—No par
-1% Jan 2
7
Nov 21 , .; 1*4 Dec
3%
Foreign share ctfs——-—No par
2
Jan 2
7*4 Nov 21
1*4 Dec
3*4
Interstate Dept-Stores——No par ;
6% Jun 29
10*4 Nov 9 V
5*4 Feb
14
Preferred
^
100
88*4 Apr 17
95 Jan 12
87
Feb
98
.Intertype Corpi-.—--«i-No par
- 7% Apr 29
10% Nov 13
.
7
Feb
- 9*4
Island Creek, Coal———
-.1
24% Apr 29
32% Jan 6
26% Dec
33%
1,700
600
'
■
1%
5%
23.%
' 5%
2
v;";_
Int Hydro-Elec Sys class A—
-25
Int. Mercantile .Marir.e_—_i._No par
Integna-t Min & Chem.
™—5
4% preferred™—.
100
1,400
7,700
'
*103*i 105
—
„•
2%
1
11%
1
4,100
-320
124
27
*13*4
26'%
„
•—
—
—
.110
*2%
2%
1,100
*103''a 110
*13%
13%
*7%
8
—
AJan
Inland Steel Col—™
—No par
Inspiration Cons Copper-,.^-—.—20 ;
Insqranshares Ctfs Inc
:-A
1
InterchemiCal Corp———No par
' „ 6 % preferred-'™—™__™—100
Intercont'l-Rubber———No par
Interlake Iron—_No par
Int Business .-Machines—
No par
Internafl Harvester—
—No par
* ^Preferred
—1_:—__—;
100
,
-
•
24
1
n
70
• 700
5.200
:
-
814
C11
.
26
20%
2%
65
—
—
'
!
9
28
27
9 '
5
13
2
Jan 2
\ 16% Apr 17
-r r 3Vs'Jan 2 -
Illinois Central-RR Co_.._™-—100
5%
- • 6%. preferred-series A-™;
100
13
Leased lines
—100
32%
RR See ctfs series A___—;__1000
2%
Indianapolis P & L Co—_No par
10%
Indian .Refining™
,10
6%
Industrial. Rayon---—No par
21
Ingersoll-RandL-_™
No par .<■ 74
•* 6% 'preffcrred-™--:
100
153
1,200
100
300
'
'
.
129
19
55
65
—/■';'V:-'", *734
84%
>
10%
25Va
•
18%
-»54*4
11*4
.„
•
"A
4
/, J
U
2,200
'
9%
25%
98
67 '
„,
—
38
*17
129
.77 *4 Jan
;■;
*
-4,300
.,-%•• 600
100
540
2,000
4,200.
r
1,000
'200
92%
10*4
10%
*26
27
*134
139
__
9%
16%
10%
22
•
10%
5*4
V-2-■■-■*23
3%
23%
25%
37
110
-3,700
■
Hudson, A Manhattan—:——100
V 5% preferred—
^--100
Hud Bay Min & Sm Ltd
zNopur
HudsdrtMotor Carl—™—No par
t,.; 1,700 •■ tHupp;Motof Car Corp—
8%
53
' ,*120
19%
*2%
23*4
25%
16%
22
-
&
8
-
14%
26'%
37
*108
300
» • •' 200
< 20;100
3% Jan
1% Jan 6
1% Deo
93% Jan 19
76
Jun
8VaNov25
5
Dec
58% Oct 19
50 Ya Dec
158. Feb 28
150
Deo
14% Nov 13 j- 10*4 Apr
72;' Jan 2
65V* Deo
134 Oct 19 -x 123% May
44
July 9
33'/a Dec
102% Jan 12
99% Jun
4
24
2
v„
,
800
1,000
'
3%
3*4
" 28*4 29*4
*131% 135
8
8'4
44% 44%'
3*4
3*4
39% 39%
41
41
27*t 28!#
30Va- 37
*100*4 104*8
6%
7
6-%' ' 7
9*4
9*4
—
2V#
34
*2
34
9*4
.
„
28
17%
17%
l.
53*4
63%
\
—
13%
7%
38
*37
38
*16%
*25
10
400
100
*
163
'*52*4
Homestake Mining——12.50
Houdaille-Hershey Cl.A——No par
; Class B———„——No par
Household Finance
No par
5%' preferred™'-'
-100
Houston Oil of Texas v t C—25
Howe Sound Co—
—r™„5
'tlOO
1,300
150
%
10*4
.
19,500
.
7*4'
6
9%
2574
*96
—
5%
24
8%
85
UVs
110
17*4
*37
'
.
__
—
'
*9*4
9%
:
—
—
;
*9%
.—
*91
.
*
*103*4 105
105
;
v
8*4
"
"■
;
124
*120
11
,
—
.
-
66
x8*4
5%
23%
8%
85Vi
*2
—
—
10
*65
11%
29*4
*13%
26
—
25*4
98
1
65%'' 65*4
*129
132
19*4
19%
55
55
*103% 110
13%
13%
*34%
19%
*2%
*22%
23
108
•
3,200
500
i
-J
Ji|
.
*8
__
92*4
.
*134
9%
9*4
25
25
*97
98
65
65%
*129
131
19
v 19 va
*54%
55%
65*4
65*4
*8%
8*4
*103%
'■
—
3*4
29 '
*10*4'
*26
139
7%
——
28% %31 JA 133
•
8
8*4
'44%
44Va ' •
3Va * 3%
39% 40*4 ■
*41
41% :
28% 28% *35% 37
*100% 1041/#
6%
6%
*6*4
6%
9%
9 %'•.'»
*91
;
10%
7%
V V
.
9%
.92%
124
10%
52%.* 52%
*131*4 133 ,' •
8
8*4
44%
44*4
3V« 3%.,
11
8
*10334
105
••
**4
—
8
3*4
28*4
*7*4
116
8
*14*4
29%
■■
—
.
10%
8
*84
11
*103%
no
*13%
—
.
:
*103%
—
—
„
23%
8*4
85V»
*84
—'
.
21
4%
—
...
Jun
Apr
May
May
Apr
Apr
Apr
Feb
Mar
Mar
12% Mar 11
14% Nov 27
12%
11 Mar 21
17 Nov 7
12%
14% Jan 2
29% Nov 10
13%
6
Jan 6 I : 7: Nov 27 ; . 5*4
13
Nov 23
18% Jan 30
9
lll%Feb27
115 Feb 20 x 107%
121% Oct 13.
38%Feb 5
30'/»
27
Jan 2 - 39% Oct 30
24
n.
8% Jan 2
11% Nov 9
7%
30% Apr 29.
44
Jan 20 «."• 36
9.6
May 1
106 Sep 18
100
2 Vt Apr 24
4% Oct 24
2%
; 29*4 May 2 ' 34*4 Feb 3 ; ' 26%'
Hlnde <Ss Dauch Paper Co.——1Q
Hires Co (C'E) The——————1
Holland Furnace (Del)——10
Hollander & Sons (A)
—5
Holly Sugar Corp——No par
i 7% preferred—:—
—-—100
;100
.
>
.
];•!
4'%:
21%
'4%
—
,
,
5
27
fl8*4'
85*4
—.
39%
52V*
*120
6*4
26
*84
],*
-
—
-
.
900
3%
32%
.
11%
11%
5
•
.
124
*120
124
27
.
8*4
8*4
8*i
6
131
19% .19%
55%
56
66%
66%
56*4
*67
65*4
65
*129
-
7
t
■'.t.',..V
19%
39*4
4
12
12*4
29 '
94
162%
57%
10%'
6*3
9*4
25%
20
3%
*32%
—
"*19%'
-
39J* 40%:
40%
40*4
28% 28%
35*4 '35Vt
*100% 104%.
6%
6%
6'%
6%
,
9% f
9%
98
65*4
.
»
;
14%.
15Va
19% ' ••::-*19 39%
-j .
—
39%
*4
4%
'
4
11*8
11%
11*8
'
i: ' 11%
12*4
12% • 12%
'
—
12*u
28%..
28%
28% __
28*8
95
94
94
„
*91%
162% .".-*159% .162 *'3
"
—
1 V
159*'#
59%
57
57%
57%
10%
10%
10%
„
10:%
6*8
"6
6%
—
6%
23%
*21%, . 23%.'
■—
—
23
,108
*106*4 108
—
%
*100%
7
...
7
7
'■
' .%
*6*4
6%
xG
6*4 - ——
6
147
147*4 148%
—
148
53*4
53 " 53V2
—
S53%
163
*162% .163
1.1. - - —
162*4
*137
25*4
131
■
—
7*4
7*4
'19%'
39%
4*4
*10%
26%
10
19*4
—
„
*4
-
__
—;
>•
—'
.
4%"
%
„
GOO
300
( *
.« '• *
*25*4 27
'
7
<7
13
13
*113
115
.
29
29'/«
4 *38
' 38%7
30
10 t
42*b
42*#
' .*102% 104%;
—
(
..
95
14%
*15V«
400
-1,900
10
.
7%-
*91
26
*129
.
4*8
'•
;
11
10%
28
{
100
65%
':
'
45
25*4
%'
'
'
t-.-l
4
' 7%
3*4
23*4
4
*95%
10
1
4%
21%
*3*4"
X21
7%
7%
52V4
52%
139
*137
139
.
103*4
3%.
'
33
*}•}
10%
10%
92%
*91
*32
A
*131*4 135
8%'
8%
138
8%
147
54
8
52%'
3T4
28*4
4*4
334
*21%
*105%
7
6*4
7*4
6*8
8
•
53
53
23
163
n
10*4
*4
10'%
'.4
I'
53*2
54*4
163
163
"*6
148%
*146
148%
*145
11%
32%
28%
*93
''■■■■ *159%
573i
10%
107
<-21%
22
22
107% 107%
—
—'
—
300
^
19*8
3.9*4
4
20
12
*4%
.
—
157
95
—
.
29%
38%' : :il 710 ;
,
*102%
3*8
1
7%
8Va
29
39%
—
1,2G0
-13%•
70'% 70%.
*132
135
42
42 r
'
—
Hayes Mfg Corp_.
2
%
tHazel-Atlas Glass Co
—25
79%
Hecker Products Corp
1
4%
Helme (G W)
25
45
: Preferred —
—
,
100
141%
Hercules Motors™—,
™No par . y 1.0'A
Hercules Powder———No par ,r
51 6ft cum preferred
——100
'125
Hershey Chocolate
-No par
30%
i $4-conv preferred—No par
.
79
1,400
17,000
■■
39%
4%
11%
12*4
39%
*151
*13
/
*100
'
8%
58
*57
_
*42% 44 *
'4%
21%
4%'
21%
•*
,
114
28%
*38
9%
44
103*43*8
32%
3*8
—
6%
6%
*12% V 13%
.
*113
3%
32%'
103%
32%
4%
13%
28%
38%
10%,*,,
*42%
*10214
43
*102%
3%
102%
*3*8
—
.200
•
91
90
8
V
—
__
25%
115
28%
38%
10%
—
—
t
.
l*o
*1%
' —7
—
15%
25%
' 6%
•
*113
29*4
39%
10*8
*15%
26
6%
*12%
13
"
*14
15Va
—
,
15
16
25%
26
13%
115
98
*92
6%
6%
6%
*13%
*113
13%
70
135
42%
16
16
*15Va
•*14
157
97
—
*
y
. y
Par
Hanna (M A) Co $5 pfd
No par
Harbison-Walk Refrac
—No par
: 6ft preferred..!———,—.—100
Hat Corp of Amer class A
1
6%% preferred.
—100
Hayes Industries; Inc™
——1
■
2,100
<
*130
138
*4V«.
4*4
*87% 92
8%
8%
.
89
13%
69
*132
42%
13%
71
132% 132Va
42%
42%
*69
..
—
1*8
1%
89%
7%
8%
58
58
*151
157
13%
13%
69%
70%
*132
'135
*42
42%
*93%
98
7%
57%
*151
157
*151
157
*151
1%
89
7%
57*4
7%
*56*4
8%
89
'
7%
4%
92
114
1%
89
73'8
•
EXCHANGE
Shares
'
' 30
t per share
*100*4 101%
12% 12%
$ per share
*130
138
4
4
*87%
92
■
*7Vs.
8%
138
*130
*4
*87%
*7*4
4*a
*4
92
*87%
138
*130
138
*130
101
13
the Week
Nov. 27
Nov. 26
I per share
*100*4 101%
12%
12%
f per share
*100% 101%
12*4
12*4
t per share
share
Nov. 25
Nov. 24
Nov. 23
Nov. 21
t per
'
On Basis of 100-Share Lots
Year 1941
Lowest
Highest
Lowest
Highest
t per share
S per share ■ t per share
9 per ehare
98 Apr 20
104 Jan 17 , 100
Deo
106% Jan
12% Apr 29
! 16% Jan 19 ,
12%. Deo
:25% Jan
x 126
Apr 2
146
Jan 10 r 140
Jan
149% Feb;
3% Mar 7
4% Feb 2
3% Dec
6% Jan
80, Jan 29
88. May 12-4 92 , Dec
101
Feb
; 5%May21<
8% Nov- 6
—
—
—: -—
NEW YORK STOCK
Sales for
Friday
Thursday
Range for Previous
Range Since January 1
STOCKS
Wednesday
Tuesday
Monday
Saturday
RECORD
PRICES
LOW AND HIGH SALE
.
Monday, November 30, 1942
THE COMMERCIAL & FINANCIAL CHRONICLE
1922
■
.
5%
preferred
Lambert Co
—:
(The)
100
-No par
500
3,600
'6,300
7% Apr 29
21% Apr 24
11% Jan 2
8% Mar 17
Lane Bryant—
-No par
Lee Rubber & Tire
—
5
Lehigh Portland Cement—
25
4% conv preferred
100
JLehigh Valley RR—
50
Lehigh Valley Coal—
—No par
6% conv preferred
50
15% Apr 15
18% May 29
104
Aug 4
2% Jun 2
% May 25
8% Jan
7
1
5
17% Apr 17
11% Apr 24
Lehman
Corp' (The)_
Lehn & Fink Prod Corp
'
,
,
Lerner Stores Corp.
Libbey Owens Ford, GL
Libby- McNeill & Libby„
18
No par
1
No par
7
.
Apr 29
20% Jan 5
4
Mar 12
13
41%
17%
11
May 8
Sep 30
Oct 15 1
Nov 12
26% Oct 20
23% Jan
Jan
Jan
1% Jan
15% Aug
113
4
9
16
26
20
18
24% Nov 9
14% Aug 31
24
Nov 24
31% Nov 9
5*4 Jan 20
.
5% Feb
17% Jan
10V# Dec
17% Sep
45% July
14% Sep
7
Jan
14% Dec
19% Apr
13
Aug
27% July
26% Oct
107%
1%
%
2Va
Dec
Jan
Feb
Feb
116% Jan
5% Aug
Dec
11% Dec
24% Sept
14% Nov
187/a Dec
27% Sep
,,
xl9
19Va Dec
.3% Dec
2% July
14% Sep
45% Jan
7!4 Jan
■
Volume
Number 4129
156,'
v
THE COMMERCIAL & FINANCIAL CHRONICLE
.
1923
NEW YORK STOCK RECORD
'
Nov. 23
.
$ per share
^
$ per'shdre -
■
30 Ma
"29
Nov; 24
Friday
-
1
Sales for
1
the Week
t per share* >• ;/•Shares
['
Ranee Since January 1
NEW YORK STOCK.
'
I-
EXCHANGE
.
*. •'
'
—
T;
*2814 30
200
Life Savers Corp_
_X/ ' \ \' 58
' 58 , i400
Liggett & Myers Tobacco
59% ,59% < '
: 3,100 <"
Series B
'
30
58
*28
*
,
t per share
t per share
■ <«
29
29
Nov. 20
:,J Nov. 27
Thursday
Nov. 25
-
$ per share
•
29
29
Wednesday
Tuesday
'
'
—
STOCKS
LOW AND HIGH SALE PRICES
Monday
Saturday
'■'-Nov. 21-'
"•'
•
v
Lowest
,
'.Par
58%
*5714
!
58
58
58
58
Highest
J per share
—5
20
-
.
,
„
-
'
'••"'f•
*61
62
*17%
V
18
61%
*60
v
'
30Ma
-2Q%''
'' 20%
*9%":-*10% b" V ■ : , 9%
130
30M2
30Ma
"
30% ^ 30% v
:
20 Ma
'
'
.21
'20%
.
9%' 9%
.
' •
.
'
•' 21
21
•
21
.
x20%M 2tit".iO"~,T■%','20;-;H' -_20%»
*300
:
v;
" 300 •
300 ,v
20%
-•20%
1,100!
' MO-
■
__
■
•
20
2.
16
27
13
24%
V 45%
,
42%
6
19Va
29
30
9
Apr 1
Apr 27
Aug
.
3
Apr 30
Nov 6
' Magma
.
'
,
-
'
•
--
•
•
.
.
.
:
•
.
—
.
-
,
—
.
.
—
--
--
,
—
.
-
~
Mp.iZ
3174
32
2714
2714
6
-■%
31
:
57a
55
.v
54Ma
-
108
:
10714
108
*110
-
2%'";>% '
2Mb
*60
,J;,
■' .-61
*
17 Va
*214
-
5514
108
*110
:
M *54% ; 55
;': *10714 T.08
-
%. ^
/
^
9%
34%
13%
109%
7%
.108'
714
'
■
77
''274
27a
;
•'•:v—
^
--
17%
17Mi *
81V4
k
17ai
1,700
4/,,;;
*17
80
1171,:;'M' *114 .V'H7J'
118 ■ > •' % *1181
11814
*114
117 *
*118
•
1
.
500
2,600
TI8M2
-11
—
; *17
17:!a "
'
^ Mo-Kan-Texas RR___^
7%
preferred -series A-_
No par t-..100
Mohawk Carpet Mills.-——^..-20
200
v
24%
171
40Ma
1 ,
15%
May
Jun
Dec
Dec
Dec
90
Dec
8
Dec
12% Dec
103% Feb
25%
9%
37Mi
15Vi
110
8%
109%
9%
Dec
26Ma Dec9% Dec
103 :f Dec
5% Dec ■
/101% Apr
5
Dec.
7014 Mar
54
Dec
2714 May •
.
3% Feb
5
1
Mar 24
Feb
3
Jan: 2
.Oct:24
Oct -13
;
-,
Jan
1% Jan
2 • t.- " 1M4 Oct: 9
'' 18
12% Feb 27
*
Jan
Jan
Sep
Sep
Aug
...
;
Sep
Jan
Apr
'
Jan
July
Sep
'
,
■
%
Sep
Nov
■
' Sep
Jan
July
!
July
.
Aug
,
30Mi
37
9%
17%'
38%
Apr
Jan
Jan
July
Jan
125
Jan
45% Jan
112
Oct
•
%
1
si
'
i
4%'Jan
;8 July
15% Oct
% 79
%
1
j,'
'
July
3% Aug
Dec.
r
17% Aug V
12% Dec
Oct:,26
tl
w
2914 Sep
li Oct1-
•;<
33% Oct
6M8'Dec
21% Feb
.
4;% Oct 24
2
;
Sep
82
71
-
.
•;
1
V
107
Jan
14% May
16
Aug
1007s Nov
13% Dec
6
1
5% Jan
Jan
Sep
11V*
17%
32M4
12M»
28%
28
31 V'4
176
56%
27»
28
3% Dec
19
May
21% Dec
-
14
.'. 29
Dec
Dec
Dec
No. par .■
21
Apr 15
33% Oct
7
14
Feb.,
Co
5
>24%Apr28 V, 301'a JanT6 v
24- Dec
Copper,^
__5
5
Apr 17
7Ma Jan 14
4Mi Dec
Mid-Continent Petroleum.—10 .
1214 Mar 12
i 18% Nov 12
.13
Mar.
Midland Steel Prod
—No par ■.
16% May 18
23Ma Oct 13 - 17 /Dec
cum 1st preferredA.__-™'-_100 ;
88M4 Apr 30 .10814 Nov; 16
86
Dec/
Minn-Honeywell Regu.^^
No par
< 35% Jan
2
57% Nov. 16
34 - Nov
'
4% conv pfci series B_
100
10314 Jan 19
108
Oct
9
105% Dec
4 % % preferred series C
„100
Xl07% May 19
111
Oct 24 •'
f TL..:
Minn Moiine Power Imp!
>.—1,
1 % May 21
3% Nov- 10
1% Dec;
$6.50, preferred^__„-_^_
No pari. 57% Jun 26 i 67
Mar 4
-52
Dec:
Mission' Corp__^—% 8% Apr 28
14% Nov: 7
93/a Feb
4,300 /. '
17%
1774
:813i
;
l;/
v.
-
Miami
•
/
2214 Jun 24
4
x20Ma Dec
9
23
25
19 /
72
32
6
v
4% Dec
7% Aug
16Va Sep
1% May
>
,
Apr :
Jan
'
31% Jsn
138 - Jan
35% Dec
29% Sep
14% Aug
31
July
•
Feb
Deo
Jan
Sep
•.
Oct
July
Dec > 1
Sep
•
Jan
Jan
Sep. I
74% Nov
Mesta Machine
ill'-'"- V. '* 20
V'-V
-"2% •— 2% '' <'•
2,200
,':1-.:;-60%' :'6Q%-.V / 300
-
^—50 :
Nov,
Nov
Nov
Nov.
Jan.
Jan
May
.
Dec i
Dec '
IMa
5Va
12%
%
2Mb
3%
11
-j 23% Nov. 9
.
13% July
16%
31 Ma
May ,'
39%
Apr ( ,
45Ma
Dec-,',
,3%
Jan '■
19
Deo
19%
Dec
162
Dec ,. •
22
Merch & Min Trans Co
70
■
8IV2-
18
^
200
1,200
3,800
*110'r
' - %
'
•
74
74 '
.^'.'3%-';;';:'^/^3' -M./ '3Mi,V%r:V;,3% M; 3-^--•
74
3%
•
1,000
-
108
108
Tl.
ill
2%'
'
-
17% ".1774
%
-•
60%"-'• 'lt: '60%' .:'60% f.-'' ; •'■ *60%/-'6FM v-'-Mti''
,.'%3-'v;-%*13 ' ■T3%'' VT%3»4 * 13%%';%:%^
13%'-':%V'T3
•
'2%
' 31 "a
*30%
-
5Ve conv 1st preferred^
'200
,:''M ' ?''' 27^';3r'-; 27 T;/F/'M
MV"'0 5%"' 5%
%
'•
*59 %
T«'
14- •v::.
-3%"'••:3%"/'; -4'
-
274
54%
*10714
"
110
■''
'
•
1914*19M«'-20V-,-,:.200
108
*107
108
110
•
_I
__
-Tl
18 V
191a
'
55 : ;
*10714
'
17%
19%
x54%
'
111
'
31%
27 '
27
—'
*
—
•'•-5%
108
*107
55Va
*107%
111
19^a
'
"
j 28% M :■>
*26%
■
17Mi
17%
20Ma
10714
*30
28%
•' 57% '''.
57i
27% M
27%
30
*20%
'
•'
18-
*19%
-
'
55
'
*10714
"■'111
*13
'•17%
2014
108
30
28%
57a
2714
'27
3 2 Ma
*26Ma
17Mi'
17Mi
*19%
'M ::
•
-
614.
*107)4
i?
27
-
,
:
,
23% Apr
-17% Dec11
'Feb *►
' 19M» Dec =
-
Jan
Jun
Apr
Apr
19
*32
>
'.i-
30
Jan
37% Jan
60 . Feb
23V4 Jan 12
.131
Jan'27
35% Jan
2
1 2lMaJan
5
•; 13%' Jan '22
-
27
,
27% Jan -28
300
Nov 27
v
4% Jan 30
M 6% Jan 15 •
16% Jau -26
2
Nov 21
3Ma Jan
5
11% Oct 14
12% Jan
7:
26% Jan
6
:
6% Jan
6
29
Nov
9
25% Nov 21
29% Jan
6
176
Jan 13
46% Jan
7
3% Nov 10'.
22
Nov 27
..
TOO
Nov 25
12% Oct 21
14
Jan
6
108 V4 Jan
6
.
.
.
13
19 Ma
28
35
, '■ 17's
13%
12%
142Va
' 15
Nov 12 ;
Jan 6
Aug " 1
Jan ,28
Nov ,20
Nov, 9
Nov 10
Jan 30
Jan .• 8
».
-
.
16%
149
18 >4
t
189
21
,
9% Dec
12% Oct. 8
16
.
.
,
,
.
-
17Mi Dec
x20% Deo
x29
May
32% Feb
4
37*4 Nov. 5
.
•
■
39
Jan
96Mi Jan
98
Jan
l
Copper
—__^__10. •
20
May 4
*300
'
*300
* 300'
'
t:,v
Mahoning Coal RR Co1-^50300' Nov 27'
900
;-Manati Sugar Co_
^—^-.1 .*>■• 2%May22'
*5%
6 .."i;
'*5%
5Mb
5%
5% T- •••"' *5Mb
5%
" "v ^'5>>V5%-,,M'-k: ■
100
' Mandel Bros—
—No par 5
May 2
!
•
*13%-14
•
13%
13Va'" " :
13%
^■■hi9W-.*13WsS$T&*
' 13%
13'a1
•
800Manhattan Shirt__—%H% May 18
1% ' ' 2
' M
v .'i3/4.-,..2-1%
13/4
15/a
1%
'F'VhMTS';:
8,600
Maracaibo Oil Exploration
*1
% Mar 27
3%
3M»
3Mb
3M4
3
3'8
3
3Vb
^33M«
20.300
Marine Midland Corp____„_—__5
2% Jun 4
*7%
8% r '1 7% ' 8M-.','''M'M7%
7%--'
7M«
7%' '"••"''-7%:''
250
Market St Ry 6% pr preferred^lOO
4% Jan
2
MO .M •"■. 10
9%
10 Mb
*
9%
' 9%
9a4 '10
9%
10
Kr. 2,700
Mai shall Field & Co——Ncr par
-8% Apr 17
*20%
20%
; 19
19%
M83/4
19 }'''■.4-. :T8%':"T9'M:V:%
':%'ai0Bv'<19VB(:;f%i'v 5,600,
Martin^ (Glenn L) Co__;
1
17V4 May 20
4
'
4
,Vy
3Mb
4%
4 : ',>4- »■*
' ' 4
4 Va %'v*M.;4M:'vV4-;:.v->;• 1,300
Martin-Parry Corp
——No par
3% Sep
4
*28%
28Ma
*28
28%
"28Ma
28% V '
28%
28M2
?
r"
*28M»
28%r
400
Masoilite Corp
No par
22% May 1
25%
25%
*24M4
24%*24%
24%
24
24%
*23
123M>tr
400
Master Elec Co
—1
19
Aug 31
',V
22%
22%
\
22'%
22%
"
21 Mt
22 •
21Vb'21%
' M•
- 22 Va
2214;
>
2,100
Mathieson Alkali Wks—No par ,.
19'% July 28
*1631/4 168
•
164 :
164
'
*164
108
' *164
168
•'
*164
* 168
50'
7% preferred.-;—
„100
162. Apr 20
37Ma
37% v
36% v'37'M
37
373614 ' 36Ma
—
' 36 - .36M4.
•
1,200 ■ May Department Stores
10
.; 31
Apr 29
*3
v. 3 M»
;.'-*3
3M4
*3
3M4
-3
3 ■ "
v'M2%%M3%' v%
400.
Maytag Co
—
-No par
l%Jan 5
*19Mi
21
v
19%
19Mt
20
20 •
20M«
21%
: V".—,"Ar^.iV.-'.-.-:V^-2i^ ::22 -.r.v 'r 1,100'
$3 preferred
—No par
;13Mb Sep 24
*96
TOO
M M *97
100'
' *
*97
100
MM
100
100
MC2 ••• V-IF'
*100':.:
107
" '
80
S6 1st cum preferred
A'o par
76
Jun
2
*12
12Ma
*12'
12>/2
*12
12Ma
1214
12M4
'
'
'^*12
1214
; -100
McCall Stores Corp
1
9
Mar 6
12
12Mi ' :? / 12M4
12M«
12
12
•
12M4
12%/rI2%:v-.;..1,100
McCrory Stores Corp
.1
10
May 12
*102
105
*102
105 "
*102
105
*102
105
*102105
5% conv preferred
100
99% Aug 21
^22Vi•,f22%5;M';22% 22M4 *r'v 22% 22%
'2214
22% M
v7 22%
22Mi' •
: 1,100
' McGraw Elec
14
Apr 17
*814
9 r'-;M
9
9 '-:, • '' ''
8% * • 9
*8M«
9Ms
' • v9'--•• "i 9 '
800' - McGraw-Hill Pub Co....a
No par ■.
6% Jan
3
33%
3314
34%
34Mi
•
3414
34%
34M4
3414
^ 3314
33%' •:
1,100:
Mclntyi'e Porcupine Mines
.__-5
2714 Oct 13
*13
-•
13%
13 ; '
13
'
13:
13
'
13Mb
13% •
-•.' ) V' 13M4
1314'
'
2,900'
McKesson & Robbins Iuc
18 tM. 9M4 Jan. 2
*10814 109%
•
*108M4 109Mi
*108% 109%
*109
109%
•
-.4
•
109% 109%v
100:
514M, preferred
:*100
101
May 20
••.■v.".': *6% 1 6% ' V
6%
6%
' *6la v 6% - -' ■■■" 614 ' 6%
6%MM 6%
600
McLellan Stores- Co__^_-_
— 1
>■;
5% Jun
1
*10074 104
"
* 1007b 104 %■".
*10078 104
I 'M *10074 104
_/* 1007k'104'.'•'•••
y: ■;
6% conv preferred-^---—100
>■ 94
Apr
6
*6%
6Ma'
6M»
614
61a
' 614
x574
574
"6
6%
"
500
Mead Corp
^
No par
x53i Nov 25
*65 ;
70
;
:
*66
69
*66
69
*66
69
*
66
' 06 '
«
10
S6 preferred series A——No par >
' 64»a Oct 15
"55%
60 "
*57 '
60
'
' *57
60 r
*57
'59
4*
56%
5614 '
100
'■
$5.50 pfd ser B w \v ^—No par
5614 Nov 27
26
26
' • 26
2614
2614
26% M
2614
263/4
}
267b- '2674
" 2,200 - Melville Shoe Corp
^-——-1 i-20Ma Jun 27
*4Mi
5%
'
*474"
5-; •.
x^Ta
• 4%;M'"'
4:a
47a
—t'—M '
%7« J 4%
•
500
Mengel Co (The%
2-1
:414 Jan
2
21
'
32M« Nov
64Va Dec
64% Nov
174 < Jun
.^ Louisville & Nasliville_^„-.>»_>„„100%'! 55% Sep 2 , V 76% Jan .26
JL
" ' •'■'18 " .18'A' '
1,000
MacAndrews & Forbes^_-„„-_wlO '
15Ms
P124 -:;'T30
- .,;,\'>124M
130;>4^-'M7■'.-/? 6% preferred-^..
2-100 .^124
x28
'28"7M.28%';'
4,100^". Mack Trpcks..Inc_;
No, par
• 27%
20V4! 20
20% 20%v;;
3(200;
Macy1 (R H) Co lnC—z.——NQ par
• 17 Ma
10
TO .•*"'?"1-:;*•;
*9%"* 10%')'
;
300
Madison Sq Gard«r_„i^____No. par > ■ 9Ms
-
20%
'' 59 ^400
■.x5^
18—^
"17%
' 9%
17%
-M
.*60 M v 61
•
17%
130 k
30%
17M2
*124, ''130 > "• "J ^124 S
17%"
'
•
*124
62Ma
"62
Jan
3
Jan 12
Jan
5
2
•
'
$ per share
Nov 10
23% Nov 9
16
14
23
21 '
•
'
Highest
$ pershare
33
73%
74%
176'%
18
29
,
Tear 1041
Lowest
i
S per share
Mar 13
'
V--'.'" "
25 t
50)4 Apr
58% -'58% >
'
58
58%
58)4
58%
5914
59%
J
^-_25 < • 50% Apr
*174Mi 174% •'
*175• 175%' *175
176 f.
'*175
176 J
:
v *1-75%-176j
■
.fPxeferred
———100
164% Apr
*22JV 23%
1
*22%
23% 1
• *22'A
63% '
*22
;'23'% v'":-^v-'*22;^';i• 23%''
•
Lily TUlip Cup Corp—
-No. par
16% Apr
I
*25
26
f '' *25
25% ' '
^ 25
25 ;
' 1 • 25
'25''
^
*■<':' '.'*2414' 25 :.
300/
Lima Locomotive. Wks———No par s
22Va Jun
V *35%
36%
+'35%
36'A"1'
*35
36%
*34% .35%':*<■'
M'35% ="35400.
Link Belt Co—
——No par V 25% May
*11%
12- •'":>y;ll%' J Tl%'' ! ■ ,i*ll% ; 11%"?,-.',' *11%-. T2-'.J v-> IVVi- 11%"
•
500Lion Oil'Refining Co
—No par ■
9% Jan
T5Ma
15>'15)4
15)4
• *1515%'.M- v
15%' T5%--.."-15%'' T5%) .* •
500
Liquid Carbonic Corp——No par ^
11% May
17%^ ' 17M2 '
16Mb
17%
'•• •
16 1
16%
' 16■ M'l'6%* .-"''V 16%Mi;16-%t \
7,400 T Lockheed Aircraft .gorp—• 14% May
44 v>- 44%
44Ma -*'4414 )•••'•"
43%
44%v43% 'M4414'.",T1
"^1'-"''/'-'M-43%--44%^ ,
4,700f'. Loew's.Inc
;
—No par
37
Jan
39%
39% :
39%
39%
38%
39'./39.->39 *<•
39
<'
"
1,400;
Lone Star Cement. Corp
No. par
31)4 Jun
57/a
6
v v.'5%
6'-5%
5% ' '■
""5%'-'r' 5
!^5%-"v5%C i-"' 6,0001
Long Bell Lumber A—No. par
;t 2% Mar
*17%
18
*17M*
18
17M4
ivk' ;'»-*171/4 '• 18
'-'i" V•*17'% v. 18 J' 100; Loose-Wiles Biscuit
„__^-25 ; , 15
Mar
V
16%' I6M2
16%
I6M2
;
16%
16% v;
I6M4 ;16%-^ 16V* ^ 16%V
1
5,400
v Loriliard (P)
Co
10
< 11% Apr
'146
146 ' 1
*146Ma 149 '
*146Ma 149
147
147
!v,-'*147%''150','i •.,7-7:.':
30
.7r/e preferred
128
Mar
:fl-"*15%*:\ 16-''r
*15% '-'15% ^,;'---;*15 ;•;;15%-'''fj*": 15%' 15%:
'15%:^
.200 : b Louisville Gas &. El A_:
—No par
11%. Apr
*58
Ranee for Previous
On Basis of 100-Share Lots
s
'
81
1
*114
"i
:
81
'
*
117
*118
w
r
*114
*' »118
T1814
?'/•/-''T09'%k:':i0914-'''"'f-''.1 .T08%- 10814
:
3314 r3374"
33%
'
'13%- -13%"%
*31
35
*1014
10Ma
v-;^*11%
•
":'v
2%
1
5
53a
*33
35
314
6%
6
6%
*22Va
23Ma
*23
15%
23M4
16Ma
4%
474
77/a
8
\* 16
'."5
7%
774
874
v-
;
87/a
*161
.
16
1614
*514
19Ma
874
874
/.v-'-T4'
!.
•
/
-.974'
.
..
24
.
974
18
574
6714
67V4
13V4
1374
*164Ma
165%
*136%T39
15
15
,?34%■
50
12
61%
62)4
*3
*73%
*37%
-j.
*27
11)4
11%..;'
63%
474"
' 62%
1
5
474
.
3Ma
6
6V4
*73
•
•
9%
43
*38
.
9M«
: 9M4
1774
17%
.1774
97'Ma
*96%
97Ma
''
For footnotes
-
see
page
^
-
1927.
27
9
'
9
15Ma
'
*73
'
"
*39
45
*109)4
-27
9)4
16%
17
96%
' 96%
X2b"%'
'
—
M-'
.
*9
I6M2
'
'
.
'
.
--
,
."
8%
•
T874
8%
1478
'7%
(
974
.'237a
'18 f
514
67 %
-
--
•
—
—
—
Nabco Liquidating Co
No par
1%
15,200
Nash-Kelvinator Corp
5
3%
20
Nash Cliatt & St. Louis—;—^^>-100
1614
3,500
National Acme Co
1 . ,13%
400
Nat Automotive Fibres Inc
1
.3
1,600'
6M« .conv preferred
^-.10
,
5%
1,500
- National
Aviation Corp
—5
6%
5,700
National Biscuit Co
10.
13
200
7% preferred
;
—100
140
900
Nat Bond & Share Corp
No par
12%
4,:>uo : National Can Corp
1C
334
2,000
Nat Cash Register——--,—No par
H
1.200 • National Cylinder Gas Co
1
.,
674
7,200
Nat Dairy Products—,
—No pur
123i
4,40Q' ^ National Dept Stores„_^_—No par
( • 4%
" 400
6% preferred
10
8%
3,400 . Nat Distillers Prcd
No par
..17%
100
Nat Enam & Stamping„„__No par T14V4
9,200
. National Gypsum Co
—1 :
334
160 ; ;
$4.50' conv preferred
No par
60
.
>
;
.
.
1
;
-
^
.
—
*73
r
*39 •*'
7474
427a
*109)4
47.
-■
9M»'
I6M2
i
'••—•/'
—
27
94%" 95
■
.
.
,
"'
.
.
.
4274
_%
,
*134%.-T38.
'',—- .*1414 - 14.74
%..'>■ 3514'M 35%: , ■
■ ;•> 2%
2%•.
: 1- V4874 T49M2
•
."
V474 ': 474
"
/. 11%: 11%
'
*59%
60 ■( ■:' ;
;-T-*v : */
*62Ma
6474
\"'''; *3
'•' 3)4
6Vz
6Ma
T
' 87-4 .
874
v/V'", *1414 v: 15)4
■■
15%
74% ';
«
-vT3
1374 *:
3,200'
National Lead Co
f;<;■>>,.,*162 74'165%' 'v■."5 7% preferred
__
314314 v
*15'
.
8
-67 «
2V4
63%
.
"
1474*:'
,
'
4-'
.;
614 "
6M4
-8748%
*103)4
27% ••'.
62
V
1
_2'
.
-
511)4-• 1114'
■
6)4
874
—'
2674
*96%
■••
3%
'
74%
■*17%-
■
'
*15'
.
.
60Mi ' 6074
6274 7
3%
75
*109)4
.
__
—:
*474".
:; —• '
•
-L
'
49Ma" 497a''"
-
60%
62 74
,
*
'
—
■
•
:
1574. 16%
16214 162%
15
,15*
5J4
57a
18%
87a
xl414
- -7
.. 9%
'-23)2
*1634
>.;>'53a
•«
-
—
574
f 67...-;
214
5
'.11;
*60Ma
—
■
«
35%3574
•
6)4
"8%
8
!
:
15 Vb
*38
1
74
*14%
"•'
11'
:
•:
63% :7
3V4
■
'.67 M
.xl4%"
/49)4
62%
__
/
8"a
--
*162%
15
v.
8%-
514*
-35
49M4
28
9%
15
35
>
49%
43
*109%:
15M4
49Ma
874
75
138
36
-
-4
5%
18.14
1314: 13%
1G5%> ;
136%T36%:•'
1314
165%■'*
:
V
-
-
■'
(1514
*16% vl8
:
.
274
15 Ma
•
:
*136
214
3Ma
.*1474
13%
1
—
~
14Mi
71a
*9 74 ;
9%
23%., 2414
-
*164%'
J
:
—
714 r
:
T
-667a
• 274
6Ma
*8)4.;
:
:
5%
2%
62)4
••
574
13%
.--''35
474
47/a.
974
1674
:.*66
•
136%
15
;
*60
.
13Ma
136Ma
-v'
*1174
,
.
'
2%
*49Ma
/.
67..
'<
„
'
'5'"''
'
*774
*8
-
14
''
24-
.57a
* 164'/a- 160%
'
r
•
36
2%
■"
■
-
66%
-
16%
5Ma
\
:
* 974
•
'
714
2314
I8M2
5%
•
-
*3
314
53i
b'
*21%
23%
15.
-15
w
8%
-
1874
9Ji
;; ^-^■7■■ .V''
v
16V4
•
M514
*
874
714
2414
;*163/4
15
-
1414
14
9 74
23%,
;
•
574
.
974
,
24%
..
*16Ma
,
1514
*8->a
'
—
7%
I57a
5%
'
-
77a
—
„
161V4 T61Mt
■
-
22%
'274'' /-
*32Ma".34
__
—
15%
474
8%'
,
'
1 874
14'4
•
7
:
8%
5%
.
__
7%
-
11%
"53%l
f 15Ma
16
59% '59%
110% 111'
' 55b
534'
*51
...
47a
■
T57/a
*1814
-
'
"
--
23
-
15
V
165
15M4
5%
87a
14
7
8%
*161
1914
8Ma
1414
-7- ;
.
.
18%
*22
8-
157a
-
.
15%
5%
.:
'■
•
165
1574
.
57'a
1914
:
5
8
1
—'
314
5%.
15Ma
*4%:
*
*
jl
t
—
5%
"27b
22Ma
15%
11
_1
33
33
6
,
9%
11%
223i
__
-
5%
5%'
314
5%
2214
1674
..
■
33
*2%
.
8%
*161
*1574
.
,f.
v-
3)4
8%
16%
16314
16%
.
,
*2%
16Ma
*4%
>
'
'izJ
'
%L''' !"•' '"13%V-.13% —%
—
5%
3.3
23
f?
tli~d
-
_i
2% !
2% f •
' *'
:*
' 53%vvftd? 'JL' '
*15Va^ 16%\'—Fu;1' *59
60
_%
'
110% TlOt'a
—
-J
'
60
11074
5-»e
6V3
...
-
:
*50
"
.16
110%
■
*2%
.
52%
53/4
-
• -
'
11814
%08 ' 108 ■
13314 '34%
*31"
35 <
*118 f
Monsanto Chemical Co_
__»10 :
• 6G
' 10 '
$4.50 preferred^.—
No par <
110
10 - '
Preferred series
A'o pari, 112
180 t, $4' preferred series C^-^—No .par
l02Ma
9,900- Montg Waid & Co Inc^__—A'o par ;
23V2
Morrell (J) & Co—-M.^-.—JSo. par V',<- 36
2,070,.'^ -Morris
Essex+uJ*..*,.,^r
13
2,100
Motor'Products Corp—^
No par.
614
400
MotorrWheel Corp^4-»%^-4^-.5 f- v -' 8%
400
Muelldr Brass Co
:—U.
.20 %
1,400 *• Muilins Mfg Co -class B1 . " .2/
100
$7 preferred
-—^——No par <;
50
TOO
Munsingwear Inc^.
No. par .:. 11%
600
Murphy Co iG C)
No par
49
150'- 434% preferred______^_100
1083i
3,600% Murray Corp of America
10 1 * 4%
200
Myers iF E) & Bro
No par
30%
1,000
-+
-114 " '114 *
*
^ '4
-
•
35'
'
23
"
*'::3
5214
*2%
*59
1103i
-
-23
:"*153'o
16Mb
*110%
35
*32Ma
'■
i
-
60
60
110%; 1107i!
*5%'
5%
'2%''
53Ma
*1514
'
00
-
.
53%1
15% :i i
15%
*59
*22%
23
•
'''■-)■>■ 2%
54
54
*31
■
»:
>•"-*-
-
:>-%"13%'r 13%-'13%'T3%'—'"
10M4
yJ4
10
9)4
9%
12
11%
11%
' 11% 'U%
-
10
23
34
33%
35
"-i-
-
.-
^ 107% T08Va
34
*31
J
W'-lVl 80%48l't
1 81
13%
*11%
12
22%
234*
22*4
33Ma
35
13%
-
.
V" ly8% 108%
33'%
»31
-
81
"
»•
-26%
9)4
:■ 16%
'
*94)4
26%
* 914
1674
96%
_„-10
May 15
May 8
May. 7
91
Jan
7 l;s 77.
11714 Feb; 10
112
: 120
Oct.. 26115 '
11034 Jan
Apr 28
Apr 24
Aug 26
Oct
Jan 2
6
Nov 27
Mar 12 Mar25.
Oct 20
Nov. 9
J an 20 ;
Jam 20,
Jan
2
63
Feb 4
Jan • • 7
15% Nov. 12
May 6
69;% Jan
6
Sep 18 : 111* Oct 27
Jan 2 :
614 Nov 6
Jun 2
39% Feb 7
3414
42Ma
'We
11
Apr'23
12%
Aug 27 / 25 %
Sep 11,3%
,
Jan 6 '
Jan 2
May 27
May 26
Apr,24
Jan
5
May 16
May
.
16
30
9
1
24
17
28
2
;1174 Apr 25
Dec
Deo
xl%
3
1414
.
1334
2%
51e
634
1374
1607a
12%
3%
x 10
3)4
7
29%
19%
5)4
Dec
Dec
Jan;
Dec
Deo
Dec
Dec,
Dec
May
Dec.
Dec
.
.
,
:\
1614 Jan 12
100
145
May 6-168
Jaif 29
Gfo preferred B______
_-_100
129
Mar 17
146 *. Jan 7
Nat Mall & StT Cast Co
-No par]
1374 July 2
1774 May 17
700 5 "National Oil Products Co___—_»v4
-29% Apr 28 ; 36
Nov 23
3,800
National Power & Lt____
No par
IMa Apr 16
3)4 Jan 5
2,000'
National Steel Corp__T_„.—^—.25
4334 May 28
54
Oct/21'.
1,800
National Supply (The) Pa—
„ 10
4
May 14
6% Jan, 18
'500 ' "
$2 conv preferred
;
.^—40•
9®4 Jun 10
1674 Feb. 25.
300
5% % prior preferred
100
45% May 22 , 63 . Feb. 6
110 ,:
6% < prior preferred
—100. -51
May 19
, 70
Feb 5
400
1 National Tea Co_____
.No par
>2% Mar 30
4
Oct 21
3,200
Natomas Co
—No par
4% Oct 10
9% Feb, 6
2,7 00
Ncht Corp__;
-No par /
5% Mar 1:
9
Nov 24
Neisner Bros Inc————;
^—I
11
Jan
5
15% Oct 14
—
4% 94 conv serial preferred—100
70% May 26 . .. 75% Sep'15
1 •' 'Newberry Co (J J)___
—No par
28
Apr 27.
39
Nov 12
—'
- 5% preferred series A,
100
104
Mar 10
109% July 27
1,300
Newmont Mining Corp
—4,10
22M2 Apr 17
30V2 Feb. 16
1.500
Newport Industries
/—1
7v4 Apr 28
,11% Jan 12
'
2,900
N'port News Ship & Dr Dock—1
16% Nov 25
25% Jan 2
500
$5 conv preferred
No par
94% Nov 25
10914 Jan 9
.
•
" 1214
.16014
138
1414
26
2%
,. 42c
4
814
.
41
,
43
2 -
814
Dec
Dec ;
Nov
Dec
Feb
Dec
Dec.
Dec;
Feb
Feb
Feb.
Dec
Dec
Dec
Dec
July,
6%
1 074
69Va
3174 Dec
105
Nov
2214 Apr.
57a Apr
19% Dec
106Ms Mar
..
'-"i
T
;
;
!
;
;
A
i
".V
81i Jan
51% Jan
19%
5%
23Va
23%
L
7%
.
9
Dec
July
Sep :
Jan /
Jan
Jan
Sep
•,
i
;
11
1814 Jan
175% Jan
;
17'a Jan
9% Apr
i
147a July
:
11
Jan
;
1674 Sep .:
8
Sep
1014 Sep
.25% Sep
207a Sep ."L
8% Jan
93 74 Jan ;.
1661a Jap 14
16
Oct 21
5 74 Nov 27.
,
,19% Nov, 16
Dec;
,
9% Jan 17,
,774 Dec .
15% Aug 25
127a Jun 73s Nov 23
/ 334 Dec .
9% Nov 21
,714' Feb
26 / Sep 28 ; , 17 .< Apr
18
Nov: 6
11
Dec,.-.
5% Nov. 9
;
3% Dec
72
Mar 5
587a Dec,
30
2,000
.
4
34
M
1614 Oct 17
5
May 1
Apr 23
Jan
2
Jan 2
Sep
Apr
Jan
May
Apr
Mar
Apr
Jan
V';- i,
July 14
Oct 20
Nov 2
Oct..26
Nov 9'
•• 8
Nov 2
97i Oct 23
.
Feb-
94
Sep
Mar118 li Sep
Mar
-123
Aug
108% Jun11314 Oct
1 24li Deo
391a Jan
3514 Dec:
.-43Ma Jan
21% Dec
,30% Aug.
.
51a Dec
12
Jan
.
914 Dec
17% Jan
18% May> > 2414 • Dec
4. 1% Deo " •
4% July
46
Feb
74
July
t 9% May.
15% Nov
61% Apr
74% Sep
; :
,
,
1914
176
,154
24
36
7%
Sep
Jan
Jan
Ju.„
Dec
Mar
68% Jan
,
7% July
16)4. Nov
68 Sep
75% Sep
5
Feb
11% Oct
974
17
/9 2
45Ma
Apr
Juiy
Dec
Jan
..110 •; J®n
31 4 Jan
- 11 a Aug
27 % Jan
116 . July
,,
,
,
FINANCIAL CHRONICLE
&
THE COMMERCIAL
1924
I per
I per than
Nov. 25
Nov. 21
t
share
per
share
2525
27 ;
26%
26%
25%
26
11%
11%
11%
11
11%
11%
11%
to
12%
*12%
12%
12%
12%
12 Va
12%
.
27
11%
12%
■
Shares
11% ..11%,
f
,
•39 Ys
39%
38%
39%
38
38
37 %
373/4
37%
14%.
14%
147/b
14%
14%
14%
14%
14%
14 7/a
5%
*4%
5%
*4%
*13%
14%
*12%
14%
66
66'/a
87
87
95
*87
*
:
65
64%
66
*87
*4%
5%
12 %
14a/e
*12%
643/4
66
;
87
(
24%
'■
643A
95
—
24%'
253/4
25%
26%
*24%
25%
%
&
l'e
hi
hh
3/a
hi
1%
1%
1%
1%
1%
l3/a
13/a
*%
%
25
'
*%
18
"•%
20%
21%
*21%
22 %
166
164%
165%
115
115
115
21
21
22%
-.*21%
165 y2
•113
,164%
10%
31
1%
— —
r
...
20%
21%
165
10
10
'
50%
*50%
51%
50%
50%
513/a
51%
49%
*48%
49%
49%
49%
49%
10%
10%
10 Va
10 Va
*92
94
7%
*107%
15%
94
*92
7%
6%
7%
108%
*107%
108%
*107%
108%
15%
15%
15%
15 Va
15%
♦28%
32
*28'%
8%
*8
*35%
3
2%
3
*2%
37
*35
37
*35
*2%
8%
■
1
.
/;
2,300
■
25
Feb
47%
—100
No par
990
15%
36%
3
'
30
*28 3/a
:
f
-
18
Jun
115
Feb
26
42%
Deo
760
Aug
10
•i*
Jan
;■ 2% Sep
.
23% Jan
/g
23 Va
Dec
19
Deo
7
Mar 26
192
6 % Mar 31
39
preferred series
——50
preferred series—
-50
—1
Northern Central Ry Co_.
.—50
Northern Pacific Ry———_——100/
tNOr States Pow $5 pfd——No par,
.39
Northwest Air Lines——No
1,100
Northwestern
30
Apr
25
100
par
Apr
96
8
Apr
No par
1
Jan
————50
Feb
110% Sep
15% Nov
7% Sep
14
6% Apr
38
29
——
Norwich Pharmacal Co—.
8%
8 Va
1,100
10%
10%
13,500
Ohio Oil Co
—^
25%' .25%
1,600
Oliver Farm
Equip—
2,400
Omnibus Corp
2.50
Dee
''*'
•>
Mar
Jan
57%
Jan
.17%
,98
Jan
Sep
;
8%
Aug
,
Dec
7%
113%
Nov
40% Nov
,Jan
%
Oct
14
Jun
34
,
2%
Dec
Jan
Dec
27% July
7%
Oct
Deo
13%
21
10% Jan
;.
58%
.
Dec
July
3%
107
3% Oct
34
Apr
50%
93
9
18
t
Jan
215
10%, Dec
2
20
20
i
Oct
17%
x
31
31% Apr 27
——50
Jan
Dec
6
Jan
■
14
Telegraph
Preferred
27
Janv
8% Nov
,
2
.
...
Jan
119%
109
9
Jan
14
2
Norwalk Tire & Rubber-
200
53
32%
Feb
179% Deo
52% Jan 26
Apr 29
.
»
Sep
50%
14
11 Va Nov
9% May 21.
85% Apr 14
4% Jan
Jan
Jan
35
9%
116% Sep 29
.
Feb
%
'
■
Oct
2
Oct
A
ft Jan
3
/
Mar 10
8%7#
90
110
23
% Oct
30% Jan
15% Apr 29
67#
;
Feb
143
10
7
Jan
108
North American Aviation
.
13,500
3
*28%
-
s3
% Jan
2
., % Jan 14
19
Jun
3
,
Oct
Jan
\l Oct
54
1
Jan
—100
30
8Va
8
109
Oct
—__100
v
6,900
35%
*2%
May 20
24
.
preferred
North American Co——
•
.500
.
15%
35%
.
80
r
/
Shipbldg Corp part stk——__1
Adjust 4 7#
:
108
15%
''pm+L
12,300
7%;
107%
-1
•
—50
—100-
May 22
Sep
,
18
112
8
6
61
8
Apr
106% Dec
5
Feb
Dec
4% May
23
Jan
!
fNorfolk & Western Ry
-
400
95
;
—100
——100
preferred
6
15% Feb
110.
,
8%
15% Jan 12
.
—50
preferred
51
36
Jun
2
.10% Jan
2
4 -May25
12% Apr 15
Noblitt-Sparks Indus Inc.———5
10 Va
..
Y
:
6
JN ,Y Ontario & Western—-—100
N
t
Aug
24% Jan
Feb
,r—No par
No par
preferred——
Conv
.1,800
,
•
Jan
Aug
6
tN Y N H & Hartford___
40
r
York Dock—,
non-cum
15%
18%
13
—100
N Y Lack & West Ry Co
270
1,500
Deo
12% Oct
17 Va Feb
Omnibus Corp.—
107#
60.
.
-
55
7
'
108
*23A
8%
V
.
53
,..
10%
*92
*35 Va
30
8
*50
7 Va
••
15%
2%
■
l'-r—.
95
1
108
37
*28%
32,
8
'
*92
95
7%
.
...
lO'/s
*51%
.493/4
10 %
7%
!,
„
7
10% Dec
6% Jun 24
11% Jun 11
N Y & Harlem RR Co„
-;
115
■10%
*92
New
.1
■.
('
*112
10%
10
22
*21
xl64%
*48%
50%
•
v
168
9%
10 Va
A
-
20
114%
166 %
*112
-
57#
U%i
%
19%
20
166
113
9%
',
0
Va
■
hi.. r hi,
*21
,
22%
113
9%
10
9%'
20 Va
19%
*21
:
*
-
86
95
*87
26%
11
*Ve
r.
14%-
*64
26%
1 %
;5 V4:
*4%
5%
14%
Jan
45
Dec
5
preferred series A
NYC
$ per share
26
,32% Feb
''
•4%
•13%
*66
6%
"
,
1.200
'
Year 1941 . <• v'i*: 1
Highest
23% May 21
N Y Chic & St. Louis Co—
1,500 -
v
•.
% per share
—No par
Central!
York
New
•;
Lowest
$ per share
t per sharer
,,
>• \:r
•
Highest
•
No par
New York Air Brake-—,
1,000
,
-37%.
•14%
«P«f
,
Lowest
v
Ranye for Previous z
....
,
/i,*,
<,
V 28,700
;12%
1274
EXCHANGE
,800
t
• •
;
Ranye Sinc* January 1
\v.Qn Basis of IQO-Share Lot*
i'' T'
.;
•;tNEW YORK; STOCK
the Week
;
I per share •
$ per share
27
27
Sales for
,1
♦
Nov. 27
Nov. 26
share
I per
Friday
Thursday
Wednesday
Tuesday
-
Nov. 23
Nov. 21
.STOCKS
HIGH SALE PRICES
LOW AND
Monday
Bfttardfc?
Monday, November-30, 1942
Feb
*
f:
10%
10%
10%
10%
10 %
10%
10%
10%
25%
25%
25%
25%
25%
25%
25
25%.
3%
3%
3%
4
3%
3%
67%
68
65%
67 'A
3%
3%
*3%
3%
16%
16 Va
16%
■
y"
■
0
■
:"
*67% ;
68
*3%
*3%
3%
16%
•
3%
16%
Xl6%
16%
140
16
*138
•138
1
26%
47%
*45%
47%
*45
50%
26%
50%
50%
50
8%
81/4
•■>_•■
■
*26
45 %
50%
27
*25%
*
65
*138%
27%
*45 Va
50%
66
--
-
/
280
3%
:
2,700
•
.
V '
*26
27
47%
''
w'—
47%
67#
Outlet
'
^
9
6%
80
Pacific
21%
70
1st
Owens-Illinois
2,600
13%
Feb
23% July
12
2
Dec
10
Jan
9
54
Dec
104%
4% Jun
29
2%
Feb
6 Va
Sep
7
9%
Dec
17%
Jan
Jan
2
2% Apr
28
132
Nov
79
17
Mar 20
Nov
140
150
Jun
July
Jan
Jan
Jan
Xl6% Apr
28
16
Jun
26%
26
48
Mar 28
45%
Dec
56%
Oct
43% Apr 25
par
143% Sep 30
26% Nov 23
•42
-100
-5
54
Jan
38% May
52%
Deo
Co——-12.50
Glass
11
11% Mar 12
No
Co—
50
10
12
6% Jan
59
Outboard Marine & Mfg—...
100
49 Va
*5 Va
r
Feb
26% NOV
No par
—
preferred—;
*8'/4
■■
6%
2
2
17
—100
No par
preferred A.
Otis Elevator
•
9
Jan
No par
;_6
(The)—-
Oppenheim Collins
?138%
1
*45%
27
87#
200
16%
16%
;50
50
3%
66
:•
^
•.
*26
47 Va
Va
66
,
3%
•
2% Jan
——No par
'
3%
3%
Jun
3
~
Jan
KISS
*8%
9
*5%
6%
*21%
22%
*81%
7?:;;
*8%
9
*5%
6 Va
'
*
*57/a
21
*20
*19
14%
13
13%
*13 Va
*19
20%
*19
20%
20%
23
23%
22%
22%
32%
32%
32
32
17-/8
17%
17%
90
148
146
146%
3%
3%
3%
3%
3%
88/a
8%
8%
*81/4
2 Va
2%
2%
22%
'
22%
21%
*
7%
105
,
104%
2
2
2
♦100
101
*100
16%
16%
*100.
16%
116%
116
15%
2%
34,800
23 74
27,000
*7%
■'
■
7%
104%
1
-
p.-i
Paraffine
600
47#
16%.
1674
——-No
Corp„
^ 67#
200
Inc
Cos
1st
—
Pictures
1
1
Jan
1
Inc—.
—
*14%
15%
*1%
1%
IV4
l'/4
1V4
1 %
1%
25%
25%
25%
25%
25%
25%
25%
*
*16
16%
*16
1 %
24%
*16
;
1%
24%
22%
59
59
58%
58%
74 V*
74%"
73%
74
*2%
2%
2%
2 %;
*1%
1%
1%
1%
*34%
36%
*13
14
36
36
*13
13%
*106%
preferred
23%
23%
22%
58%
58%
74
74
2%
1%
1%
1%
*32%
35%
*13
14
*34Ve
37
*13
14
*106%
22
22%
19
19V4
18%
44%
*44 Va
■
/V
Oct
9
11
Feb
Jan
2
95
Dec
147%
Nov
19
1%
Dec
9
Oct
21
4%
3
Oct
14
23% Nov
27
8% Jan
105.
2% Oct
32% Oct
101
44%
25 -/a.
44'A
44%
2%
*1%
441/4
;
•
Penn-Dlxle
100
//
*1%
2%
.*1%
26%
5
5
25%
26%
4,3%
*20%
21%
*20%
211/4
*24
243/4
*24
243/4
5%
5%
*53/a
;7
.
5V4
57
41
20'A
21
.*5
."•
*1%
22%
10
Feb
16 Va
Dec
123% Oct
8
95%
Feb
115%
Dec
Jan
2
14% Apr
253/4
26%
4%
'*.
;
44%
*1%
:4%
41%
*24
.
•VI,000
5
17,600
1,500
■
19%
19%
243A
24
24
250
41%
20 VA.
:;r
-400
26%
v.
*40%
'5%
'
53/8
53/a
5%
5 Va
5 Va
.
-
100
■
57*
^
700
Petroleum Corp
5%
23%
37%
x22%
23 3/8
22%
37%
36 Va
37 Va
*36 %
37 %
3674
72
69
71
*68
72
69
*71
11
11
24%
37 Va
,
72%
v
11
10%
103/4
Va
70%
*70%
70%
70
70
105%
105%
105%
105%
*104%
110 Va
*108%
70
110 Va '
*108
*
10%
:
:
"
y *109
8
7 Va
*7%
79
*75
*72
42%
42 %
3%
*23/4
65
*61 Va
*18 Va
42%
•
■••;
18%
*3%
*5
5%
*5
64
*60
300
Pfeiffer
;
1169 7
—
170
4 »/s
18%
.
*9%
•140
1053/4
*105
105%
300
110%
*109
8
#•> *7%
110 3/8
*108%
*7Va
*70
41%
5%
10
*2 Va
*3%
18%
3%
32
*5
5
64
9%
*169
18 Va
Va
9%
5 Va
*60
*9
of America-——5
4%
4%
4%
474
x4
4
4%
4%
*4%
4%
*4%
5%
*58
62%
*58
60
25
25%
*25
*8 V4
—
62
*59
24%
24%
23
62%
*62'%
62%
62 %
7%
8%
*147%"
*59
25%
62.%
64
8V4
7%
7%
*147%
*147%
*1%
~2%
1%
~1%
1%
*13%
13%
13%
13'A
13 Va
18%
*16%
18%
2
*17
*4
4
4'/4
4%
*17
4
18%
4
*59
*17
4
:
623/4
*
—
7%
*147%
' '
1%
*1%
■
13 Va
13
183/i
*17
4
3%
19%
19%
18%
19%
18%
18%
18%
19%
6%
6%
6%
6%
6%
6%
6 3/a
6 3/8
*6%
7%
*6%
7%
*6JA
7%
*6%
7%
26
*24
521/4
*118%
77
*118%
12
77%
76%
91%
91%
91V4
101
*114
116
For
51
*117
12
11%
77%
91%
100%
113
114
*115
116
28%
28
*24
52 V4
120
101
114%
*115
25%
51%
12%
12%
101
*24
52%
120
footnotes
27%
see
*10074
112
*115
28%
page
76%
9174
1927.
26%
25
51%
120
1274
76%
91%
*24
50
19
'
"
*6%
25
*24
11
50%
120
xll%
74%
*118%
3/4
76%
101
100
101
113
11%
113
27%
*113%
26%
;
200
'
—
Pitts Coke & Iron Corp
100
~10
Pittsburgh Forglngs Co
Pitts Ft Way & Chic Ry Co
7 % preferred
—
—1
100 .
.100,
No par
,1
1,900
Pitts Screw & Bolt
1,200
——No par
7% preferred class B
—100
5% preferred class A
100
5%% 1st ser conv pr pfd—-100
Pittsburgh & West Va—
100
Pitts Young & Ash Ry 1% pfd—100
62
140
62%
7%
__
•
310
400
■
Pittsburgh Steel Co
.
2
500
Plttston
13
400
No par
Plymouth Oil Co
4
19
6%
1,600
St
Pressed
—No par
preferred—No par
57#
conv
57#
conv
7,200
730
t$5
t6%
100%
100%
330
t7%
113
130
8 %
115
-No par
pfd (ser of Feb 1 '29)
N J
preferred
preferred
preferred^
preferred
Pub Ser El & Gas
14,400
-5
50
1st preferred
2d preferred
Pub Serv Corp of
640
&
Gamble
Procter
74%
—1
Steel Car Co Inez.-
3,700
57*
No par
Pocahontas
Postal Teleg Inc
120
26%
3
Co class B
1,800
7
11%
Poor
2,800
25
51%
(The)
Co
Pond Creek
18%
89
X25%
-
-4%
73%
♦114
—
15 V2
V 3
26%
.—No par A, V 4%
No par.
58
.—100
preferred———100
67#
$5 conv preferred
v.
24
43
100
Pittsburgh Coal of Pa
111%
—
115
27%
4
.—100
series—
preferred—
88
— —
91%
113
116
674
'
51%
*118%
89
23%
627»
8V4
—
4%
19% Jun
Pillsbury Flour Mills-———25
■
23%
*7%
*1473/4
■
-
62
■
*131/8-13%
2
4
'
-
—
170'
-
100
700
9%
■/•
*169
No par
——3
—
—
Corp__
Preferred
64.%
*9
■S *140
——'■
■-
169
18
Pullman Inc
-
-
-
pfd $5
100
No par
-No par
.--100
.100
100
No par
No par
-
17% Mar
19
44
;
,
Dec
!
Sep
7.
43% Mar
54%
73
5
Dec
89%
Sep
Deo
3%
Aug
3 Va
Jan
Sep
4
15
1%
Jan
21
1
Dec
Jan
21
V
34%
<
>
52% July
Dec
Dec
i
t
Aug
112% Mar
25% Nov
2
17%
Dec
25%
Apr
23 Va Jan
6
20
Dec
25
Aug
46% Jan
5
; 36%
Jan
54
2% Oct
■
6
%
Dec
26% Nov
■/:%
Sep
;■']
• 1
2%
Aug
\l
30% July
18% Dec
23
'/
1
11% May
60% July
7
26
29% Jan
24
17
Dec
38
5
28
9
25
1
27
3
24
27% Jan
7
21
Jan
27%
Oct
Dec
7%
Apr
4% Dec
7%
Jan
6
25
22
24
24
Jun
8
May 21
41
Dec
5%
13
Jan
4% Dec;
7
5
May
Jan
14
23%
Dec
35%
40% Jan
14
35%
Dec
47% July
76% Jan
30
69
Dec
91
11 Va Nov
12
32% Jan
.,•■75
Jan
•
July
12%
8% May
Jan
72
Dec
89%
Sep
105
6
Mar
110%
Dec
,
107% Mar 23
110/ Nov 16
9
Jan
Oct
4% May
27
80
5
43% Nov
2
2% Nov
16
19% Oct
.
5
6% Jan
Jan
10% NOV
46%
1%
Dec
38%
Feb
V Dec
2%
27
;
Dec
Dec
4%
15
21
64
Dec
Dec
6% Dec
6
52
Dec
July
23%
Jan
7%
Jan
•
46%
Jan
8%
Jan
84
Jan
13
Jan
Feb
19
163
Aug
166
175
Feb
25
174
Mar
181
5% Jan
14
6% Jan
5
Oct
21
62
Aug
July
3% July
:
165
r
.
77
Feb
13
29
68
:
x
14
4% Sep
38% Oct
9
51% May
35%
:
23
Nov
65
2
Jun 26
Jan
6
:
Oct
Feb
3%
Dec
7%
Jan
4
Dec
9%
Jan
45% Feb,
65
;
Jan
24%
Dec-
43%
Jan
51
Oct
75%
33% Jan
3
Feb
14
10% Jan
26
6
Dec
15
July
July 22
164
Mar
164
Mar
,70
153 (
A May
Jan
1% July
2% Sep
21
14% Jan
28
13%
Dec
17
July
18% Oct
14
16
Jun
21
Jan
5% Jan
21
13
3%
Dec
8%
Sep
4
4%
Feb
13%
Oct
Jan
Jan
7
Jun
2
8% Jan
3
5%
Dec
13 Va
Jan
July 7
Jun 10
8% Jan
3
6%
Dec
13 Va
Jan
29% Jan
3
21%
Dec
40%
Jan
Feb 17
52% Oct
21
50
Dec
Oct
16
115
Jun
14% Jan
8
Feb 16
9% Jun 3
62
Mar 30
73 % Mar 31
79% Mar. 30
99
Mar 30
111% Mar 19
20 A July 2
j
1.I
17%
Apr
11%
108%
15
Aug 12
108% Feb 27
).
Jan
1
14%
24
May 2
47% Apr 28
20
Jun 27
115
Jan
Dec
Apr
2
3% Aug 10
42
20%
%
6%
7% Jan
4
15%
3%
9%
5%
6 Va
22Va
Dec
6
80% Jan
Jan
3
May 25
Apr 24
July 2
Jun 27
6% Jun
153
July
1
Jan
11% Jun
Jan
59% Nov
7% Apr 29
165
Feb 19
165
May 23
58
Jan
30%
20
V
:.
Oct
2
'
Dec
1% Nov
Jun 16
May
Dec
18
51% Feb
May 12
May 6
Apr 27
Feb 25
preferred
300
v;
3%
5%
4;
36'
Brewing Co—U—ii—No par' V
Philip' Morris & Co Ltd
—10
Preferred 4%% series——100
30
32
5 74
10
169
'
*60
—
100
1
29% Oct
.
30
15
4
2
2
20
2
6
26
28
-No par . ' - 6Va
——-100 /•/ 65
Phillips Petroleum
—..No par. V 30
Phcenix Hosiery-—7-5 •: /
1%
$6
Philco
7%
6,700
18
*3%
7/a
15%
*
Phillips Jones Corp——
2%
*31
!■
5 Va
5
*62%
;••
64
*140
170
•
•
-
61%
,
18
3%
30%
<
/
par
Phelphs-Dodge Corp———25
tPhiladelphia Co 67# preferred—50
4V2 %
42%
61%
18%
*3%:
30%
*2%
/
4%
*4%
41%
65
*18Va
8
79
187/a
16%
36
Jun
May
May
Jan
July
Apr
Jan
Mar
Jun
Apr
May
Apr
Mar
Nov
Apr
Apr
Jun
Apr
May 20
110'%
*70
3
*60%
*140
__
!.
42%
3%
*60
170
!?-„ 1
■'■?'
79
61%
31
64
*169
700
*2%
3%
C
1,900
-
17
2
4
5
22 Vat
7
28%
49
7%
V;
55 Va
.
7 98
103
130
10%
*1043/4
42%
360:
70 Va
1053/4
8
10,700
69
10%
70%
79
23
36%
:
70
10%
•
70 3/a
6 l'/a
32
*60
10
*9%
*140
2%
3%
32
42
65
*18%
3%
32
31%
*7'/a
*70
423/a
2%
*61 Va
'.v
8
79
;/. *10%
22%
23
32
11
104
preferred--——.-—.——^100
Pet Milk Co
•
24%
24
*37 Va
*70%
1% Jan
par
Jan
106
■
,
3
APr 14
,
——
5%
•5
13 % Aug
No par
No par
preferred
—100
Pennsylvania RR—-———50
Peoples Drug Stores Inc———5
Peoples G L & C C (Chic)—100
tPeoria & Eastern Ry Co—
100
Pepsi-Cola Co—
a
Pere Marquette Ry Co—_——100
57# prior preferred
100
180
,
28
l'/a Jan
$7 conv pref ser A—
2%
26%
''
4%
40 Va
53/8
■
•
•'/
.
14% Oct
—10
No
Jan
8
100 % Apr 23
Penn G1 Sand Corp——
15,900
19
44%
—
Corp
Cement
57#
19
2Va
1
20%
24%
5%
7-
..
42%
•24
5 %
5 V4
5%
*5%
.
/
26%
4%
■J'-'',
42
42
26'/4
51/4
*5Va
?
*42
2
Co_
Coke
1% July
37 %
Dec
17% Oct
par
&
Jan
May
par
Ford--
(J C)
Jan
99
No
&
Dec
10
Feb
19%
8
No
'700
2274
183/4
45 -VV-/
~"%
2
14%
Coal
3%
19%
Jan
7%
9
2
1%
*106%
Dec
6
-fe Mar 20
13% Jan
2
44
Apr 15
56% May 1
1%
v-
Nov
9% Aug
Apr
1%
10
Penick
•800
v Aug
4%' Jan
V
'
19
1
—
Jan
163
Dec
9
;
19% Aug
126
Apr
4
148% Nov
No par
-—10 !'/
Penney
14
Jan
19
24%
Penn
36
40
7
3,40(1
.
Dec
14
.2,500.
*13
,
26%
Nov
2% Jan
2V4
*32%
>:
•
'■
Jan
12
<
29% Jan
274
'3
22%
■
'?
Vf-';!.
■
22 3/a
19 Va
V
-
■
.
*1063/4
r--.
'/V ;V,
2%
Jan
28%
2
Co
Parmelee Transportation
300.
8,300
'
**44%
7
58% .-..v; V.; •'
73%
2% 1
23%
*19
19%
58'A
74
2%
1%
:
11%
Dec
19 % Apr 29
Davis &
Parker Rust Proof Co
1%
Dec
Patino Mines & Enterprises
16%
22%
Apr
6%
17%
No par
—2.50
Park Utah Consol Mines_
Parke
*174
..
.
4%
12
11% Apr 24
100
2,100
Nov
8
19
Nov
—1
Inc_„
6,100
//. 21%
1%
22 Va
Tilford
lVt
73%
1%
x217/e
59%
73%
-
,
■
*16
16%
*16
:
1%
23%:.
*57%
>
*106%
*19
16%
1%
23
&
26%
:
25%
-
26
Park
15%!
1%
/;
1%
'
16%
*1%
1%
24 Va
*14%
15%
*14%
15%
Oct
101
I
15%
*14%
Nov
34
20% Apr 28
90
Mar 6
par
Nov
Nov
16
2
——100
!
Sep
7%
25%
Apr
10
24 % NOV
21
28
22%
13%
^4
121
1 %
5 Va
par
-No
—
preferred
conv
Paramount
9,000
117%
15% Apr
—25
Panhandle Prod & Ref
1,500
2
101
*115
117%
160
31%
31%
*98'/4
16%
*115
1%
-
■
101
16V4
116
2%
*104%
/
:
31%
,
*98 V4
16%
I6V4
116%
*14%
101
700
22%
2
2
90
10,200
8%
i'V
S
105
313/4
150
3%
874
Corp
Electric
&
8
12%
Apr
May
1%
8
25% Oct
Apr
Apr 27
Pacific Mills
No par
Jan
3
Pacific Telep & Teleg—
—.100 :
Apr 25
6% preferred—.^
100
Apr
4
Pacific Tin Consol'd Corp——1 /
Mar 6
Pacific Western Oil Corp
!
10
Jan
2
Packard Motor Car—.—
No par
1% Jan
2
Pan American Airways Corp—-.—5
11% Apr 23
Pan-Amer Petrol & Transp
—5
6% July 16
Panhandle East'n Pipe Line Co_100
101
Sep 28
1,300
-
146%
'■*
3%
73/4
*7 Va
105
17%
92
*145%
2%
v'V
Ltg
17%
23 Va
32%
Pacific
-
2 3/8
2
*31%
500
■
8
22 3/a
7%.
2
:
32
101
16 Vt
119
*116 %
2
31%
32%
32'%
*7%
32%
3%
2%
*104%" 104%
Gas
..'-L&'l
146
3%
x8
22%
2%
22
7%
104%
7%
*7 Va
*104%
2% !
22%
Finance
6% Oct
28
9% Apr 27
7
Jan
5
—No par
(Cal)
—10
;
Pacific
Pacific
TV*
8% Jan 27
6% Mar 27
4% Apr 27
16
No par
—
preferred
500
4,400
90
,
'
91
146
3%
7 8% v
2d
19 Va
23Vt
,,
10
Co„
18
'll-i :
17%
17%
*90 Va
140
13%
Coast
preferred
23%
•
32
17%
Pacific Amer Fisheries Inc——5
100
*31%
32
90
*8 %
13
Vi*' •'
„
23%
90
*146%
148
*146%
14
20%
223/4
32%-
*31%
*20
21%
22%
22%
18
17%
*89
90
*88
61/8
5%
21
21
14%
14
13 %
6V4
20%
21
,
122
86% Jan
14
*99% Jan
14
„
11%
75%
92
106%
Dec
61%
120
29%
Sep
July
Jan
110
Jan
Dec
123%
Jan
Dec
137
Jan
Dec
111
Jan
9
123
Jan
6
117
Dec
158%
116
Oct
8
114
Dec
117%
Oct
Dec
29 %
July
28% Nov 20
19%
Feb
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4129
156
t per
I per share
10%
10%
IOV2
*102%
*101'A
101/4
10
10 'A
10
10%
103
101
104
Pure Oil
200
6 %
500
5%
13%
89%
13%
2,200
10%
*10%
10%
400
41/4
4i/a
4%
57
*56%
57%
90
*83
90
*891/4
897/a
89%
89%
89%
89%
89%
131/4
13'A
13%
137/8
*13y4
13%
131/4
14
10'/2
IOV2
10%
101/2
*10%
10%
10%
4%
4%
4%
4%
Range Since January
stock
(The)
Basis of
On
100-Share
Lowest
S per
Par
7,500
103
89%
*89
york
exchange
Shares
10'A
♦102
103
'102
103
10 %
new
the Week
f per share
I per share
S per share
f per share
share
Sales for
Nov. 27
Nov. Hi
Nov. 25
Nov. 24
Friday
Thursday
Wednesday
Tuesday
Nov. 23
Nov. 21
stocks
HIGH SALE PRICES
LOW AND
Monday
Saturday
1925
10% Nov
Apr 28
90% May 13
80% Jun 17
Year 1941
Hifhes.
t per share
7
9
^
t per share
Feb
12
Deo
19
94
Mar
107%
Dec
91% Jan
20
83%
Feb
95'a
Aug
147/a Nov
9
8%
Deo
12%
Oct
8'a Mar 11
—No par
103 Va Nov
9% Mar 11
100
100
Purity Bakeries
Range for Previous
Lowest
$ per share
share
7
..._No par
—
preferred
conv preferred
1
Lots
Highest
10% Oct
26
x
Q
Quaker State Oil Ref Corp
10
8'a Apr
12% July
R
'
4%
,
*3%
3%
3%
54
21%
56%
*83
90
*52
53%
3%
*52
20
20%
*20
3%
*3%
3%
54
*52
*52
*20'/2
-
57
*83
90
*83
90
*83
57
58
*57
57%
571/2
4%
4
3%
3%
*
.
400
;
1
$5 preferred b
3%
1,900
*52
9%
26
26
26%
26
15
15
14%
14%
14%
*9'A
9%
*19'/a
20»/b
500
8%
87/a
1,600
6%
26
*25%
14%
*14 >A
14%
27%
*26%
27%
23%
22%
22%
22%
22%
*22%
23%
3%
3%
27/a
2%
3 Vb
3%
1,100
*22%
23%
*22%
,3%
*64%
70
*64%
70
*15%
18
*15%
17%
10%
10%
10%
10%
69%
70%
70%
*68
48%
47
4%
*4
*47
*47
49
4%
4%
4%
*96
98
*74
*74
6
6%
*85
88
85%
64
*62%
70'/a
47
*47
49
*45%
47%
50
4%
4%
1,300
14%
18,700
4%
4%
14
14%
63
\
6
900
5%
220
85
85
64
62%
62%
1
6%
6%
6%
78%
78%
78%
79'A
79%
79%
79%
79%
5%
5%
x5y4
51/4
5%
5%
*5%
5%
23 v8
22%
22%
23%
22%
23'a
7%
*5%
23
23
*33
32%
8
*9
9%
35',
*33
.
100
1,200
7,100 •
*6%
Dec
7% Jun
8
11% Jan
16
8%
Dec
21'A July
18% July
5
47%
47%
49%
x46%
467/a
46%
47
*46%
49 VA
30%.
30%
30%
29%
29%
29
28'A
28%
1,300
Dec
24
1
11
Apr
30
20% Nov
x55
_No par
__—.100
Republic Steel Corp
>6% conv preferred
13% Sep
•
Dec
Apr
12%
Jan
7'/a
Apr
10%
Not
70% Nov
7
53%
Dec
67'A
Jan
49
34
Deo
61
14'a
Dec
22%
96
Aug
101%
23
77
Dec
97
Jan
22
7% Oct
21
Dec
11
Jan
129
Sep
Jan
4 '/a
3
97
Apr
Jan
20
60
Apr
87a Jan
5
6%
Dec
75 Vb
Dec
129% Mar
74
Jan
Feb
80%
Sep
15% July
85 Va Jan
19
9
5% Oct
23
Dec
10%
Apr
23
27'/a Jan
27
22%
Deo
34%
31% Nov
9
54
Jan
27
49%
Dec
53%
Jan
6% Apr 28
9
Jan
15
7'a Feb
12'/a
Aug
9% Nov
7
75% Apr 29
3% Mar
X
20
6% Apr 30
4
6
6% Nov 23
Feb
19
19% Mar 20
16
1
7
95
Apr
Deo
5%
Jan
Jan
Jan
Jan
Nov
14%
Aug
Nov
42
21
Dec
8%
47% Nov 20
July
97/a
14% May
9
13% Nov
May 20
34% May 13
—No par
6
2%
3% Jan
No par
preferred
2
5
86% Jan
May 22
6% May 20
Richfield
(The)
Apr
3% Dec
Deo
100% Mar
54
10
Common
19
2»a
8
78% July 30
.
14
21
9'/a July
3
4 % Jun
—
Nov
4% Oct
11
70'a July
100
Brass——No par
1% preferred
100
5 'a % preferred
—100
Reynolds Metals Co
—No par
5%% conv preferred
100
Reynolds Spring
1
Reynolds (r j) Tob class b
10
conv
6%
9%
6
x94% Jun
Revere Copper &
co
2
.11
2% Jun 22
1
Reo Motors v t c
NOV
9
Mar
38'a Jan
100
Rensselaer & Sara rr Co
Sep
16
Apr
Nov
2
7'/s May 18
25
Jan
53
12
10% Mar 11
-
>
Nov
'6% Nov 19
__10
1
•—
7
Aug
2%
7% Feb
12'a Feb
No par
Corp
Dec
'
22% Mar
27
Preferred with warrants
$2.50
19%
23
—100
& Co 1st pfd
Reliable Stores
330
19
3'a Nov
8
Rustless Iron & Steel Corp
111/4
27%
23% Sep
Oct
1,000
10%
29% Aug
18% July
Deo
68
11
11%
Dec
22'/a
15
11
xllJ/a
Dec
10'a
6
Jan
Ruberoid
12
23
2
28% Nov
39
100
19%
3
15% Nov
20
May 28
"1% Jan 13
—
1,000
12
26% Feb
11% Apr
3,900
19
1
16
23% May 28
23% July
9%
12'A
*47%
55%
14%
6%
19%
Oct
38% Mar
19% '
12%
Jan
12
6%
19%
3%
23
19 Va
*8%
1,100
Dec
Nov
6%
9
7'/a
2
52
191/4
9
6'A
6%
19'
x7y8
Deo
26
21'% Nov
19
9%
*9
6%
7%
7%
v
23
Jan
4
Oil Corp—.—.No par
Ritter Dental Mfg
—No par
Roan Antelope Copper Mines
7%
88
_100
Reliance Mfg Co
Remington-Rand
60 \
35
*33
35
1,400
Jan
Dec
2
19
9%
6%
23
7%
77/a
*9
6%
7
*33
35
7%
*7%
%
7%
7
23'/4
32%
50
79%
51/2
7'/4
*78
6
*62%
'
6%
V., 7
62'/a
25
■
15% Jan
Hosiery
(Robt)
4%
Dec
Apr
9
Nov
34% Jun
6% conv prior pfd ser a—
74%
51/4
85
85
85
63
98
*96'A
*72
*5%
5%
1
14
98
74%
*72
75
4%
14%
*96'A
98...
85.7
64
200
*68
5%
87
*62%
•
3,600
'
70%
*73
76
6
76
*6
100
13
10%
10%
10%
*68
*96
98
*12
13
10%
Silk
Reis
130
6% 1
*6
6%
*6
20% ;
16%
;
■
Real
Apr
Deo
85
58
88
100
Preferred
70%
14%
14%
14%
15
14%
*96
)
*12
10%
10%
69%
17%
13
*11%
13
*11%
*16%
6 VB
6%
6%
*6%
6%
13
68
18
*16
*62%
•
68
*62
68
*61
•
,
Apr 25
2
2%
47 Va
4% Nov
6
88
13
3% Oct
6
46% Mar
No par
1
25
—50
50
50
preferred
conv
Raybestos Manhattan
Rayonier Inc.,
$3 preferred
Reading Company
-4% 1st preferred
4% 2d preferred
■
•
200
3%
28
*6'%
900
'•
*26%
*27
*11%
'
600
26 Va
14%
27%
28
3
26
141/4
*26%
*27%
2%
8%
26
'
2% Mar
par
No par
1
Radio-Keith-Orpheum
54
21
8%
9
8%
9
26
par
*
53%
'
21%
21%
kadlo Corp of Amer
No
$3.50 conv 1st preferred—No
34,000
48% Jan
S
V#
30
'
%..
fif
fir
"fir:
i*
•;*.%■
X29
Va
$i
■
,
.8
*%
*4%
5%
*4%
5%
*4%
5%
*4%
*8
9%
*8
97/a
*8
97/a
*81/4
ft
■,'
'"V
*
Va
/
■
Iff
5%
*4%,
37%
37 yB
37'a
1,600
107%
107%
200
10
10%
6,400
20'A
19%
20 Va
4,800
93
93%
93%
400
38
600
37%
37%
37%
37%
107%
107%
107%
107%
*107
10%
10
loi/a
19%
93
10%
10%
10%
20 Va
20
20Va
20%
93%
93
93
37%
37%
37%
*93
93%
*93
37%
37%
37%
*113%
115
*113%
114
*110%
%
A
'
*37'A
37%
115
*1141/2
115
*ii4ya ;ii5
*110'A
114
*%
X37 %
*113y2
116
*110%
'20%
114
*111
114
*111
114
■
v %
%
Va
1/4
■
.£•:
33
* Va
2,900
32
7
%
%
%
*%
Vb
.,*%
%
100
16%
15%
15%
16%
16%
*15%
16%
1,100
*%
%
'■■■■
16
16%
2%
59%
59%
9%
9%
9%
21%
'
*1%
2
2
2y8
59%
*2%
9%
10
57%
57%
.7
*62
9%
9%
*9'A
preferred
Safeway Stores
5% preferred—
100
;
57%
57%
56%
7%
7'A
64%
7%
■
7%
*62%
7%
63
'
7%.
7 Vb
71
33
*32
32%
16
16
16y4
800
140
7%:
7,700
100
7%
1,500
16
1,700,'
16 '/a
5
Corp
No
Roebuck & Co
Inc„_
Sharon
.
Steel
52'a July
4%
54%
4'a
30'a
$3.50
No par
—No par
pref ser a
conv
(Frank g)
(w a)
No par
Pen Co_
Shell Union Oil
2%
2%
2%
2%
*2%
2%
3,300
15%
15%
15%
15%
15%
3,100
Simmons Co
*25
25%
29
28%
77
77
*1%.
*24%
25%"
28
28%
77
77
7
1%
25%
28 VB
*27%'
28%
*75
25%
*24%
28%
77
*24%
*28%
26j/4
28
*75
Simms
l'a
*1%
*24%
1%
*1%
1%
*1%
77%
77
1,400
40
77
111
*108%
16%
16
16
*15%
13%
12%
12%
*12%
127/a
12%
13
13
13
15%
16
15%
15%
15%
15%
15%
15%
15 Va
15%
*108%
17
17
'
21%
20%
20%
*122%
123%
2%
15 Vb
1,700
9»a
2Va
2'A
15%
20
19,500
6,800
123%
20%
123%
20%
20%
15%
200
20%
:
20%
20%
20
20
-
*15
100
2,100
/■
2Va
9%
9%
2%
151/4
123%
20%
20%
21
20%
9%
9'/a
2'A
>
16%
'
123%
21
*122%
9
15
15
15%
*108%
*15%
2%
2%
2%
2%
9%
9
9%
9%
*15
111
*108%
111
*16%
111
*16%
1,400
126%
50
20%
20%
1,900
*124
124
20%
11%
11%
11%
11%
11 Va
11'A
11%
11'A
11%
u'a
1,700
15V4
15%
14%
15y»
14
14%
14%
14%
14%
14%
28,700
15
15 y8
14%
15
14
14%
14%
14 Va
14%
14%
32%
33
31
32%
32
32%
32%
33%
46
*41
44%
*41
33%
33%
*42
47
*43
*2%
2%
'
*2%
.
2%
*35
2>/a
*35
50
23
22
22
21%
21%
200
24%
24%
24%
24%
4,500
331/4
33%
33%
*33%
55
54%
54'A
54%
24%
25%
33
33
241/4
56%
54%
54%
3'/a
3va
3%
36%
34%
3
*108%
4
96%
35%
35
33%
34
*108%
110
48%
*47%
4%
*96
3
35%
110
"4%
4
110
32
*
1%
9
*8%
3*2
*
1%
*8%
*112
27%
"41/4
4%
l'a
20,800
96%
*95%
96%
100
3®2
32
1%
1%
1%
26
43%
43
43%
39%
39%
25
25
24%
24%
24%
24%
56
57%
56'%
56%
57
43%
39%
57
*7%
7%
IVBI
7%
7%
3%
3%
3%
3%
6%
6%
6%
6%
.
X38%
*23
57%
'124
126
3%
*12%
1%
*11%
25
*125
3%
13
1%
12%
25
*4%
5
5%
5'A
50
*48%
*124
125%
3%
3%
3%
12 VB
12%
12 VB
1%
1%
1%
11%
*24
11%
•
25 Va
*4%
5
„
22
For
footnotes
21%
see
22 VB
page
$1 preferred
1927.
1,900
300
1,300
Standard Oil of New Jersey
Starrett Co
(The)
l s_^
7%
7%
2,000
Stewart-Warner
3%
1,100
6%
9,000
Stone
5y4
5%
5,800
Studebaker Corp
49%
49%
1,100
Sun Oil Co
'
*125
124%
-r—''
5%
50%
126
3%
1%
U Vb
11'/b
*11 Vb
11%
24
24
*23%
24%
3%
13
*4%
5
21%'
13%
*-
•
125
3%
14
30
Corp
Webster.
—.
—
(The)—
Class a
3,800
pfd (4% %
Sunshine Mining Co
2,800
Superheater Co
1,600
Superior Oil Corp
—'
'
'
cum)
(The)
11%
11%
400
Superior Steel Corp
24%
400
Sutherland Paper Co
*4%
21%
Sweets Co of Amer
5
22
2,900
Swift & Co..
4
l'a
1%
53%
17'%
21%
2
\
30
49
2%
29%
27%
108'a
40%
109 vi
9
.22
18%
30% Oct 23
Jan
95
*
9% Nov
(The)
23% Aug
No par
No
_10
5
1
.
5%
3%
4
par
1
—100
100
No par
_1
100
10
12%
25
42
-
3%
43
116%
3%
11%
1
9%
17%
3%
20
28
1
24
2
9
16
2
28
13
28
13
28
20
Feb 13
May 27
Sep 16
Apr
Jan
Mar
Apr
Jan
Apr
Apr
May
May
Apr
May
35 Va
Jan
Jan
Feb
9
4
7%
.
25% July
;
15
J&n
13%
1%
Feb '/
Dec
'
V
...
Dec
Sep
18 %
Nov
10% July
2% July
13
Feb
19%
26% Jan 26
x13
Jun
23%
27
120
Aug
144% Jan
21
i
16 Va
Vb Nov,10
39 '
,
Jan
>
27%
13%
Aug
Dec
Mar
Jan
Sep
14%
Aug
19 Vb
Jul,
Feb
36%
No*
23% Mar
: 37%
OU
2
Jan
19%
Feb
1
Aug 24
3% Feb
150
Dec
Dec
8
11%
13
Oct
10
x
5
50% Mar 24
3
Oct
112
3
25 Va Apr
25
Nov
114
4
16
30'% Apr 24
—.25
30%
Feb
Jan
Jan
Feb
5
Feb
Jan
2 Vb
Dec
6
15% Nov
17
'
6
May
2
Dec
60
Mar
>
6'/a July
69
July
6
17%
Dec
22
July
31% Jan; 6
27%
Dec
37
Mar 24
27%
Apr
39% July
38% July
60
Jan
54%
Aug
60
59
July 30
24
Nov
3
4'% Jan
38% Jan
11
49% Jan ;
Jan
Jan
Jan
Aug
47%
8
Deo
3%
6
110
40 Va
Deo
Deo
Jan
117% Aug
48% Deo
8
5
Jan
Feb
111
6
113
57%
31%
6
Feb
6%
Dec
3
14
114
Deo
Dec
34%
6
45 % Jan
27 Va Jan
20
5
21%
j
14%
28
20% Jan
Dec
111%
2
Jan
"
Jan
16%
Oct
Novi
Sep
40
,,
Dec
Nov
Nov
Dec
67/a
Dec
11%
1
Apr 28
1—25
69
-
Jan
l'a Mar 24
2% Jun
5
Apr 24
Nov 20
Oct 6
Apr 28
Apr 28
Sep 28
Mar 16
Sep 17
Sep 16
Jun 24
Jun
1
Apr 9
Aug 10
Apr 29
May 2
Dec
10 Va
9
57/a
Feb
Dec
32%
Aug 27
35
& Sep
3
% Apr 25
5y» May 14
6
Apr 28
18
Mar 14
No par
;
1%
*24
—
61%
No par
:
—_i
1%
-
5
22
125
3%
3%
13%
1%
—
Nov 17
2%
Stokely Bros & Co Inc.—;
6%
5%
Dec
7% Nov 23
Jan
Jan
14% July
71% Jan
.
Apr
89 V*
Sterling Drug Inc
&
.
78%
107/8
Dec
3%
15% Jan
Jun
July
3% July
Dec
48%
-■66
;
% July
17
Dec
7'%
6
Jan
par
Standard Oil of Ohio.———
3%
50%
5%
51
22
24%
58
12,700
Standard Oil of Indiana...
7%
13%
22
38'a
$6 cum prior preferred
6%
*
22
Standard Gas & el co_^
3%
1%
*4%
43%
4%
7% Nov 21
60
No par
$4.50 preferred.
7%
.
"
5%
♦
No par
No
6%
6%
48%
...
*3%
7%
3%
6%
5%
$5 pref series a_
Brands
Standard
26%
42%
50
,
—
26%;
*3%
5%
—
25%
39'A
49%
6
6
34% Jan
•
No par
43%
50
;
No par
Spear & Co
1
1
$5.50 preferred
No par
Spencer Kellogg & Sons
No par
Sperry Corp (The)
—1
Spicer Mfg Co...
No par
$3 conv preferred a..
No par
Spiegel Inc
2
Conv $4.50 preferred
No par
Square d Co.
1
5% conv preferred
.—100
Squibb (e r) & Sons..——no par
$7 cum prior preferred
40
:
preferred—
Standard Oil of Calif—
39%
14
10
Sparks Withington
2,500
—
-
12'% May 20
23% Jun 2
10,200
26
9
4
Nov
62
Apr 17
1% Mar
—_—No par
100
...
10%
25%
•
.
July
% Jan
Apr
4
26%
25%
1%
5
10
9,100-
3% Mar 24
108
July 10
15'a July 28
9
Apr 15
r
13'a May 18
\
6'% Mar 11
^
Jan
Dec
18% Feb
26%
500
Vb
Dec
18'/a Nov
10%
*8%
112
Va
12 Vb Jan
26%
8%
Dec
11%
112
.-No par
9%
8%
107
20
Nov
100
.17.50
Co
26%
8%
25 VB
57%
1,100
1,100
8ep
115% Mar
-ft Feb 10
2
Natural Gas
9%
42%
■
•fit
IV,
Jun
1% Sep 26
17
14% Apr 29
9'a Apr 20
26%
57%
*25
%
1%
109%
110% Oct 21
Apr 29
65
No par
No par
No par
40
43%
43%
300
'
10
17% Jun 27
122'% Nov 20
26%
10
26%
*39
5%
Jan
—No par
100
—
Southern Pacific Co
Ry_.
39%
Edison——25
Sugar.
preferred
Southern California
9%
10
25%
,
47%
47%
48%
900
33%
110
4
*2
8%
10
27%
26'A
260
*95%
~4
1%
9
10
27 VB
26
36'a
96%
4
U
1%
%
*1%
90
3,600
33%
*112
*95%
96%
i-y
3%
*108%
•
'
96%
600
„
54%
35
33%
*47%
34
3
35%
*108%
„
*112
*
3
**JO
48%
*47%
*112
*112
3%
;
34%
*34
48%
*54%
36%
*36
110
25%
33'A
34
*
50
*35
50
*22
3%
*47%
800
2'a
*2%
2Va
*35
23
*54%
*108%
2%
Type v t c
So Porto Rico
Southern
Dec
116
19% Apr 23
-15
——
Mobile & Ohio stk tr ctfs—,—100
2,000
50
*33
34%
2%
2i/a
2%
2%
*22
'
25%
36%
2%
2%
5,800
44%:.
*41
44%
5,200
*35
23
25%
2%
2%
2%
;
50
*22
2%
2%
•
7
:
31
27
Greyhound Lines——_5
Southern
9
20% Aug 26
South Am Gold & Platinum—-—.1
8%
Sep
Nov
14
No par
——10
No par
Snider Packing Corp—No par
Socony Vacuum Oil Co Inc
—15
s'eastern
Sep
38
20
Corp_
Smith & Cor
Sep
8'%
17%
4% Jan
preferred
Smith (a o)
23
94'/a
15% Nov
—
Skelly Oil Co
Jun
Jun
2% Jun 30
11% May 6
% Apr 14
Sloss Sheffield Steel & Iron——100
$6
111
16%
12%
*108%
Petroleum
Jun
12%
Apr
-5
—
Simonds Saw & Steel—
Sep
113
79
16% Nov
_No par
—
47
Dec
15
.10% Apr 24
Silver King Coalition Mines
15%
Apr
23
_10
2%
15%
Apr
35
106%
x
Oct
No par
2%
May
8
21 'a Oct
—15
-
—
*
6
July
98
8
Apr 29
Apr 29
Mar 6
May 21
Apr
l'/aJuly
3
9% Nov
No par
Va
,
4
3
19% Jan
Dec
3
Jan
10% Nov
No par
Shattuck
Jan
Apr 14
$5 conv preferred
15%
■
8
44
39% July
% Feb
Dec
,
Sep 22
110
*
Deo
a
23
10
2
4% Jan
No par
Corp:
2%
1 %
-
:_1
15%
1
par
;
.
Sharpe & Dohme„
Sheaffer
33
*32
16
.
Seagrave
Sears
64%
*62%
No par
27
9
22
7% Sep
7
2
109% Aug 17
106'% Jan
9
Va Jun 11
Mar 21
10'% Apr 23
1% Sep 16
43 % May 6
—100
preferred
Jan
i7j, Nov
1 Vb Sep
i
3
5
Jan
2
29% Apr 30
104
Jun 23
9% May 19
12% Apr 28
78
May 15
25'% Apr 16
—No par
—
4-2%
Servel
56%
57
ISeaboard Air Line—_
Seaboard Oil Co of Del—:
2%
•
</
■
_100
—
15%
*1%
Vb Jan
-No par
100
Savage Arms Corp
5
Schenley Distillers Corp—
5
5 '/a %
preferred
100
Scott Taper Co
.—No par
$4.50 preferred:
No par
$4 preferred
No par
5,600
k
*32
16%
16
16
16
9%
7'A
33
*32
33
*32
8%
7%
7'A
•v.;: 7%
7
60%
9y8
63
64%
-
61%
8%
57
7%
7%
'
63'/a
60%
9'A
9%
57%
*56%
7%
7%
*62
preferred—
34% Jan 27
May 28
s'a Jan
2
23
10
.100
——100
Francisco
Louis-San
6%
9,200
61'a
61'A
9
59%
10
*9%
*9%
200
2
*1%
2
'
59
tSt
■
-
*%
*16
Joseph Lead—
57#
107 %
37%
37%
St
tSt Louis Southwestern
9%
107%
10%
500
5%
*8%
37%
20%
fir;
/■ •%■ v-, %
9%
.
107%
10
Va
900
108
Jun
%
% Oct 27
Not
"i%
Jan
113% July
1%
Jan
14
%
Dec
4% Mar
11% Jan
14
8%
Dec
21% Mar
13'a Jan
14
10%
Deo
2Vb Oct
i
22% Mar
28'a Oct 23
17% Mar
25 Vb
6
25% Mar
34 Vb July
Nov. 12
33
Feb
45
40
Nov
Nov
46%
Dec
Aug
23
33
Dec
48 %
34% Jan
29
Dec
40
Jan
61
16
Oct 23
61
Dec
66
Jun
8% Jan
8vb nov
6
4% Jan 27
4%
6% Nov 20
4'a, Dec
8% July
3%
8%
6% Nov
7
55% Jan
9
Dec
3% May
50
Dec
Apr
6%
66 Va
Nov
Jan
Deo
July
126% Aug 17
117%
Jun
126
3%
Dec
9
Jan
15'/b Jan
14
9
Dec
21
Jan
1% Jan
14
1%
Dec
2% July
3
9%
Dec
18'A July
16%
Nov
23 Va
Jan
5 Va
Aug
5% Jan
13% Jan
25
Nov 21
4% Aug
1
Jan
26
25
12%
3
Deo
19% May
25
Aug
NEW YORK STOCK
Nov. SI
t
18%
4%
4%
*'
''
35
*3V®
4
8%
*8%
39%
40
3
35%
7%
7%
7%
7%
20%
19%
*6%
36
*35
3Vg
*2%
"
4%
4%
8%
*3%
814
26%
*26%
26%
1%
15%
9%
1%
1%
15%
15Va
914
8V4
1%
15%
9%
9Va
■:
36%
,
51
6%
3%
8%
3
9*.
28%
28
38%
37
28'
36
*5%
5%
14%
5V2
14%
11%
l34
14%
12
1%
2
*68
11%
14%
25
_
6
*4%
*4%
5
71 %
69 %
7Vs
71%
7%
"
4
:
39%-
'
74%
*112
113%
*104
105
~
27%
14%
80%
79%
24;%
26
96%
95
171/2
16%
14%
14%
81a3
81:%
79%
79%
24%
*24
26%
*95
171%
~
113
54%
54%
20
20
3a
14%
.7%
.
3/8
14%
•
7%
39'"
95%
17 V®
■
7%
3%
40
5
5%
26% 26Va
61
61%
43«
43®
102% 102%
5/0
*514
26%
26%
*60%
79%
24%
27
7
*3%
*38%
3V>
*3%
39
14%
803 4
*16
16%
*110% 113
*54%
55
*19%
20%
|«
14V#
14%
16V>
*16
*110%
61 %
4%
4%
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103%
*16%
16%
16%
16%
3v®
3%
3'V®
»3
4%
4Va
32Va
84
33%
'
87®
8%
#534'
6
174Va
5%
40
40
*3%
30%
".*29%
*3V®
30%
4~
12%
*12%
9Va
57
*173
5%
40
30%
3%
12V#"-
12
*27
27V®
29%
26%
29%
27
*28%
*30
30%
30
30
%
*{J//
24
24V4
96
97
44
45
*60%
48%
29%
-
22%
*95%
62
48%
4-7%
49
111%'
111%
111%
' 111%
19%
19%
*19%
*44%'
45Va
-.•*'44%
45%
1%
1%
13
1%
1
*1%
}g
54
15%
59Va
*144%
1
15%
59%
*14%
-150% 150Va
15%
60
59
147%
158
*146
150
f(j
13%
1
*151
78%
-
*24
25%
94%
'
16%
3V2
38%
5
v
*15
*58
144
59%
146
15%
—
—.
—
—
14V2
25
4%
68
7
—
.
•
—
<
.
.
3d
.
'
1,300
2,800
-
'
900'
'
5,700 ,•
70'.
1,000'
«
'
'■■
,
1,300
-1,100
;
.
'
14%
—
;•
4.700 *
300 *
300 '
300
*
•
68 Va
6%.
'' 1
,
'■ '
—
,
1,300'
i ••
„
40
7%
74
*112
113
*
104% 105%
<
14
14%
-' 180% 80%
40
_4
—
__
4-
■ ■
—.
—
4_
—
..
—
—
—
__
24%
26%
95%
—*78V®
...
78%
—
—
—
,
.
<v
17V4'
—
'
,19%
' %
,13%
—
,
7%
/—7V#
/—
'
•
—
..
—
4%
*26V®
63%
x43a
_T.
*101.
16
3
4%
*85
—
31
.
32
,
—.
...
5%
40
—
:
30V®
—
*5%
30V#
*3%'
11%
•
■
11% • :•
•
—
'
,
/';,..,//';
/,
23V®
96
45V®
61
.4
43%
*60%
47
47%
Ill
111 Va
19% 20
*44% 46 " '
-»i% -1%
iS
55
*15
*58
146
1
55
15%
59%
146
158
'
■
—
*60Va
46%
110%
...
—
./, '
xl9
,
—
f
—
—
,—
//—
■.
/
—
—
—
..
*1V2
m
*151
__
_.
*44Vji-
Union Oil of California.——25
Union Pacific RR Co..
—
100
■*■4% preferred—
.100
Union Tank Car..—.
No-par
.United Aircraft Corp..——
5
5% conv preferred—————100
Un Air Lines Transport—
.5
United Biscuit Co
j.—No'par
5% preferred.^—
.100
United Carbon Co
—No par
United-Carr Fast eorp_: %—No; par
United Corporation..
No par
.$3 preferred——i—.i.—No par
.
• 4
"
'// '
U S Freight CO——No per
U S Gypsum Co__——————20
7% preferred..^.—___i_100
"
400
U S Hoffman Mach Corp..
5
.
180
5Va% conv preferred—
—„50
■:
900- U S Industrial Alcohol—•
No par
■// ...
U S Leather Co__^_—ji.__^,.No par
•
1,900 .Partic & conv cl A——No par
,
—Prior preferred—
.—100
2,000
U S Pipe & Foundry———20
• /
100'
U S Playing Card C0__
—10
• 1,000
U S Plywood Corp
-1
800
30%
3%
11%'
U
10'-
JU S Realty & Impt——
2,700
'
1,700=
1,300''
'.; /
'
400
5,100
'•
'
;
"
"
'
A.
*23%
17
%
*23»/a
24%
17
17
16
*10%
10%
9%
23%
23%
23%
*114%
*33Va
*114%
*33%
__
34%
10%
23%
—
34
'
*48
58
*55
65
55
*54
22"n
*22%
22%'
*238
37%
*115%
2%
37%
117
*20%
22%
2618
26I»
29
29
*74
78
*133
138
7%
7%
21%
21%
55
65
23
2%
2%
36%
37%
115
115
*20%
21
*26%
27Va
29
29
78
80.
*133
138
*7%
8%
21%
21%
%
24
24
*24%
16
16
16
9%
9%
*23
23%
116
116
33%
*48
*54
22%
33%
33%
54%
65
*48%
*54
22V®
—
16
__
__
9%
24%
—
__.
—
—
__
—
33%
—
*22%
2%
2%
36
36
115
115
20
20
*26% 27V®
*29
29V®
80
80
*133
138
7%
7%
21%
9%
*23
*115
24%
21%
54
65
23
2%
2%
*35% 36
* 114V® 116
*18% 20
*26% 27%
*29 . 29%
*78
80
133
134
7% ' 7%
21% 21%
/
—
•
...
—
„
—
—
•
„
—
—
—
„
—
__
—
—
—
—
—
—
—
—
...
—
„
__
—
%
*24%
^
52
U
24%
24%
16V® 16V®*9%
9%
*23.
24%
*115
__
*33
33%
*48% 54 , .
*54
65
22% 22%
2V®
2%
*35% 36 ,,
*114% 116
*18% 20
*26% 27V®
29% 29%
*78
80
*133
138
7%
21%
60'
*
*
800
40"
*
•
—
•
-
300:
3,000
600
70
10
100'
400
30
30
7%
21%
1,700;
1,600
*7%
25%
7%
*19%
19%
*100%
For
102
24%
24%
7%
7%
*19%
20
*100% 102
footnotes see page
V
1927.
23%
24
8
*7%
19% 19%
*100% 102
23%
23%.
*7%
8
*19
19%
*100% 102
—
—
—
—
—
__
—
—
23 Va
7V2
23%
7%
19% 19%
*100% 102
,
■
.
1,200
300
200
5%
38%
.3%
9%
46%
3% May
-
\:
J
/
/
/
'1
27
1%
6
34%
2
30%
! 5 V®
3%
5%
-5 .
32
=2 '
38
Dec
Dec
Dec
Feb
Dec
Dec
.
Mar
Feb
Dec
Dec
'Jun
Dec
May
! .3% Dec
30 /Jan
1
4Va
; 387/a
.' 7%
/> 6%
•
h
■
.
•
14
,10%
44%
f 4%
—
;
—
..100
•
*
-
„
'
Nov
Aug
Jan
Sep
Dec
May
Sep
July
Aug
July
Jan
Sep
Sep
60'4 Sep
5% July
Aug
/ 40
—
Jan
Jan
Jan
Jan
Dec
Dec
Sep
Jan
Jan
Jan
Aug'
Jan
Jan
Sep
Aug
Sep :
Dec
July
/4'v''''':;'./4'/v
41% Oct 23
27'% Dec
Sep
Jan /
4/
37% Sep
9V» Jan 5
7 Dec
12% Jan
76% Nov 0
60 .Feb
797/®. Sep
113Va Nov 12 x 111% Jan
115% Nov .
108 Jan 6
106% Dec
112% Sep
15% Oct 9.
11% Dec
16 Sep ./
85% Nov 5
57 Va Dec/
85% Jan
• 81% Feb -6 1 73 , Dec
. 85% Jan
30 Feb 24
24% Dec
31 July
y363/# Jan 6
28% Dec
44% Jan,
104% Jan 5
—
;
'
18% Nov9
9%May
17V® Jan
17 Oct 17
8% Dec . : 14% July
>113 : Oct 16
108% Dec / 113 V® Feb
55V® Oct 23
,35 , Dec ,
52 Sep '
20 Feb 26
15 Dec j
21V® Sep ,;
y,. Oct 15
A Dec
1% Jan
16% Jan 15
-13V® Dec .
30% Jan
11%.Tan 26 /
60 Nov 12
174 Nov 10/
6% Jan .14
41 Sep 21
34% Jan 27
4% July 30
14% Oct 23 114 Jun 10
28% Nov ;, 7
« 30'/® Aug, 7
31 Nov 9
>/ 1 Mar .11
25V# Nov 10
7%
37%
170
4%
33
20
•
2%
5%
54V2
20'/®
25%
18%
2% July
Va Dec
13%
100 Nov ;17
58
51V® Jan 14
43'/®
71 Jan .19 / 69
J 55% Jan * 3
47
119% Jan -13
105'/®
24 Jan 5
19%
46% Jan 14
42
»
Dec
. 13
July
Dec •
69% Jan
Apr
183 Jan
Feb /
9% Jun
Feb
43 Jun
Apr
33Va Aug
Dec
4% Aug
Apr . ' 10% Sep
Feb
105 Oct
Dec , / 31% Aug
Deo
, 34V® Feb
Apr ••
26 Sep
Dec
28%
Dec ;
103%
Dec
65V®
Dec
76%
Dec,
70%
Dec
130
Dec
33%
Mar. x 50%
Sep
Sep
Apr
Jan
Jan
Jan
Jan
1%
VA
62
16%
64
157
Jan
Jan
Sep
Jan
Sep
Jan
% Dec
»7. Dec
1% Oct .29
1 Oct 15
57% Nov 24
15% Nov 21
61 Oct ,20
150Va Jan 6
159 Jan 21
42% Dec
12 May
437/® Nov
140 May
-
Nov
22
' % Sep 23
29% Feb 6
20% Jan 3
11% Mar 2
25 Sep 26
116% July 15
417/® Jan 6
55 Jan 19
60 Nov 18
25% Jan 19
2% Oct 7
40V® Oct 21
116 Sep 11
21% Nov 10
3J%Jan 20
29% Oct 13
96Va Mar 5
138 Jan 9
10V®Mar25.
25 Apr 1
A Jan
■
15 ,:Apr.15% Dec
8% Dec
20% Aug
111 Va Dec
39% Jun
57; Mar
66 Aug
20 Mar
% Dec
187/® Dec
114 Dec
11 Dec'
30% Dec
29 Dec
89 Feb
135 Mar
% Aug
31 Dec
34V# Jan
15 Mar
28 July
116 Aug
45 July
57 Mar
66 Aug
27V® 8ep
2% Jan
28% July
118% July
23% Sep
42. Jar
33% Feb
105 Nov
143 Jun
W
Wabash RR preferred
100
Waldorf System—
No par
Walgreen Co
T
No par
4%% preferred with warr —100
.
,
,
Apr 30
133. Jan
162 Oct /
1 '^
% Jan 2
Jan 20
25
24
9
12
Vick Chemical CO———
5
-30 May 1
Vicks Shreve & Pac Ry————100
50 July 30
•• 5% preferred————100
< 55
Sep 12
Victor Chemical "Works—
I
5
183/® May 29
Va-Carolina Chem
—No par '
1 Jan 2
. 6% div partic preferred——100
22% Jan 8
Va El &s Pow $6 pref
—No par
110% May 4
Va Iron Coal & COke 5% pfd—100
14 Jan/3
Virginian Ry-Co
—25
24 Apr 29
6% preferred—
25
26 May 22
Vulcan Detinning CO—
100
70-. Jun 24
Preferred——
—100
120 Mar 11
Vultee Aircraft Inc
1
6VaMay22
$1.25 preferred.
No par
16% May 22
Preferred
■
25%
;:v
Vanadium Corp of AnU—No par .
14V® Jun
Van Norman Mach Tool—2.50
7V® Jun
Van Raalte Co Inc.—
..—5 '19 Mat
7% 1st preferred—
U00
112% Jan
1,500
' 500
200
10-
>
'
No par
Vadsco Sales—
2,100
'
Va Aug 21
No par
May 25
Apr 15
May 20
July. 15
May 6
Apr 24
,26.800"
.
Jan 20
Mav 7
26% May 1
20 Apr 27
99
22
United Stovkyards Corp.
1 t
%
United Stores class A—
5
%
900
; $6 conv preferred—-No par
34%
300Universal-Cyclops Steel Gorp__
1
12 .
250' •; Universal Leaf Tob—
.—No par
41
160 '
8% preferred:,-—
—100
142
10
Universal Pictures, 1st pfd——100 ■■ 147
2,500
100'
•
;
>
May 6
Mar 10
Apr 17
Apr 28
May 20
Jun 30
Apr 29
Mar 27
'• 1.400
/
■
6% May 14
40-V® May 13
159 May 1
4V2 Apr 27
. 34'1/® Jan 30
24V® Apr 28
2 Va Apr 28
7' Jan 2
U S Rubber Co
10
13%
8% 1st preferred..—/100
54
U S Smelting Ref & Min4
50 . 37V®
.
Preferred—^—
_i_.50
58
U S Steel. Corp___
.4 „—„Nopar
44 V®
Preferred. .
—
100
107 V®
V S Tobacco Co.—
No par < 15%
; 7% preferred——
25
39%
; 16,600
.
1%
158
2,200
,,
'/'"
24 .
97
44V®
62
47%
111V®
19
46
5% Nov 24
20
28
16
21
10
28
"7
27
24% Oct 23
; 9% Jan 20
42 'Jun 11
, 3
Mar 10
51 Nov 17
4% Jan 5
34% Feb 27
35 Nov
4 ; Oct
9% Jan
40 Oct
3% Nov
37% Oct
8 Nov
8% Nov
■
4Va Apr 15. , 7% Sep 22
27/®. Jun
..6% Sep
>1% Apr 28 ■ 3% Nov * 6
- 1% Dec
: 3% Sep
33Va.Aug 21
50 Jan 10
20% May
51 Nov ,
3% Mar 11
6V® Sep 16
3% Apr
5% July
25% Jun 1
35 Feb 15
30 Dec <
42 Jan
: 48 Va Jun 3
j 72% Jan 3
60 , May
,79 Dec
3% Jun 1
5% Jan 16 •• , 4V# Dec
10% Jan
93% Mar 27 106% Jan 17
100% Dec
117 Jan
ll3/® Apr 28.
16% Oct 21
8 V® Apr
14% Nov
2% Sep 10
4 V® Feb 27
2%.'Dec
4% Sep
' ' 2V2 Apr 17
5% Nov 7
• 2% Dec
' 4 July
77% Apr 9
87 Feb 25
83 1 Dec .
93% Oct
• 17
Jan 7 • 43% Oct 26 ' / 9% Feb ,
19 July : j
7,300
United Drug Inc.————T—5
300
United Dyewood Corp.-.—2.10
150: /.Preferred ——100
4%
*
900
United Electric Goal Cos—
.5
27V®
400
United Erig & Fdy_;__^.__
—5
64 ,
.
3.800' United Fruit CO—^.——i>4.No'par
4%
*11,600. United Gas Improv't—No par
102% • >
600
, $5 preferred—/....i^—No par
16
4,300- United Mer & Manu Inc v t r.__,
1
3
^ ,
300
.United Paperboard—
....10
4%; '•
• 1,400
U S & Foreign Secur—_v_—_No par
86 '
.120
. ' $6 1st preferred.__.__-...No par
32 '
4001 U S Disprib Corp conv pfd
100
7V®/
3% r
40 V®
*54
55%
*15
15V®
*58
59%
*144% 150
,_V
—
96'/a
44
—
—
14V®
%
23
—
-95
.
32
110
*26V® ' 27 1
*28% 30 ;
29% 29%
—
22%
19%
*100
—
29%
393®
-'%/'%
•
29%
*3V®
11%
...
—
—
78%
24
40
.40
__
-:■//././
4
3,900
—
3,200 .,
600 '
700 13,600 800
. 14,700'
400
/
301,300 ;
'
700 '
20,700'
6,000
9
9
59% 60
173 ' 173
5%
5%
: %./
40
*3V®
'. *38%
...
—
.
26%
94V2 :
17%'
' 16% 16%.
111% 111% .
-/.54Va 55V4
—
—
,
16%
—
/
24
• 26 V®
*93
;/
28%.Jan ■ 27% Sep 21
58. Apr 28,
108 , May 6
100% Mar 24
10 May 1
63% Jan 2
74Va Jun- 17
21 Va Aug. 3
23% Jun 4
89 Apr 17
7% Apr1 17
9% Mar 10
104% Mar 24
37 May 1
,16 Jan 27
Jan 2
11 July 28
2,600
Union Bag & Paper.
,4—No par
9,900 ;' Union Carbide & Carb—,
No par
Union El Co of Mo $5 pfd—No par
200
Preferred $4.50 series..
No par
4
/
,•
Third Avenue Transit Corp.-No par 1 2% July 14
•. 3% Sep 14
—
—/■•' '/—
Thompson (J R).
4—
—23, • ' 5% Jun 3
8Vs>Nov 24
3'/a Jun
6
Thompson Prods. Inc.,—1_—No par.
17% July 2
27% Jan 7
24%;Nov
34
Thoftipson-Starrett" Co—.'—No 'par - , ,5-1 Mar ,27
.• 1 %' Nov 20
• 'A.'Dec'
1%
- $3.50 cum preferred.——J-Nr par.
8% Jan; 2 .
15%. Nov'23. , 7 Dec ?
18
Tide Water Associated■ Oil—% .-10
8 Jun. 12.
10% Feb 5
' "9% Mar
11%
,■ "«' T5>4.50^conV pre'ferred_4—No par
* 85, Mar 28, '65'/^ Jan 9
95% Aug
99%
Tlmken Detroit Axle_
—10
22. May 20
3414 Jan 5
27'/a Feb
35%
Timkep Roller Bearing——No par'
31% May 21' 43'4 Jan 6
37% Dec
51'4
Trahsamerlca Corp__^__4—^
4—2 ' , 4 Jan 28
5% Oct 14
i4 Dec - ' 514
Transcont'l;West Air-Inc__—4—5
7% May 15. 15% Nov 9 , 8% Dec1714
Transue & Williams St'l44—No par - ,..r 8% Jan'- 3 . ' 12% Mar 17' 674 Mar
' 10%
Tri-bontinental Corp_-__—I— 1,
34 Mar 142% Nov 7 ,,
% Dec
.,, 2
$6 preferred-—————-No par . • 56% Jun 30
71 Nov 10
60 Dec
75
Truax-Traer Corp—.—No par
5V2Jun 4„
, 7% Aug 13.
4 Feb . \ t 7%
Truscon Steel Co———44——!—10
IX, Feb 'i 6
11% Jun 12
' 9% Jan
■ 11*4
20th Ceh. Fox Film Corp—No par
71%Jan 2
16 Oct 31
; 5 May .
9%
. $1.$0 .preferred—-_—_4—No par, .'..19 V*'Jan, 2,
26% Nov 2 , 16% May
24
Twin City Rapid Trah—No par
1% Jan 2
6 Nov 6
% Dec 1%
7 % preferred—4100
21% Jan:- 2,
7834 Nov, 6 v. 18 ,, Feb/
27%
Twin Coach Co_4—————«.,-l ,, 5% May 16
7'% Nov 9
4% .Dec
9%
»
7%
73%
'
••
9
50
;_5
Tennessee Corp—Ci—V-—-—5
Texas Co (The!
;
———25
800
400
600 ;
2,000 ;
800 "
3,600 ^
;
-
9*-,4 /'
*4%-
4.
,
'
„.
9
26% 114 (
15
k*
9% ■
67%
6%
—
__
.
25
5
..'25
.
9
57V2
*29%
29V2
-
.
m
".'14%
4^
86
*151
158
*151
\
4_ '
*100
110
27% 27%-
96
44% 45%. '
60si 60%
46% 47%
111% 111%.*19% 20//
*44% 46 -,'-
1
57%
,
%
"
.
.
2814 28%;
36%, 36% t
5V2
5%
r 14%
14% *
12
12 ; ;
134
1%
68% • 68Va
'*5%
6% ,
*11
.11%'!•
—
—
174%
27%
30
30%
1%
!
9
57
110
-1%
iS
' £»•*
*173
.
*94 ^
—
,
''3%
30%
8%
8%
5656%
*173
174%.';.'
5%
5Va'
*39% 40Va-'
*29% 30
*3%
4
11% 12
%
—
—
.
—
—
.
39%
5
*85
23%
—
.
31V®
il
—
;
4.,
26%
-1%
15
9%
*26% 27%'
—
: V,.
64
65
— '
—"
4V2 " 4%
—
'
102
102%
__
—
*15% 16
—'
„
*3
3V®.
...
f
4%
4% ./-' — , ../—„.
86
27V®
*28V2
—.'/
,
/,
68
6
12
39%
5
26%
62
*84
.31
1%
*8V4
.
—
.
Talcottlncd James) ——
5% >:'o-partlc preferred—
Telautograph Corp..,.-;
—,
260
1,800
500
10,900
„•
r
3
,3
,
—
15%
914
7V®
3%
39
5
26%
63 V®
4-Va
4%
102% 102Va
xl5%■* 15%
*3.
3%
4%'' 4%
.
—.
16
16
*110% 111%
55V#' . 55%
19Va:. 20
r '
3*a' • JJ
14% 14V®
•
—
—
3
35
'"J*
/J'/.-'%V,'-y.v Elliott Fisher .'Co—No par
i-' 2,000, Under
7V®
3%
7
57
57
56
54
20
'
545a
20%
U
14
22%
96
44%
*60%
62
54V®
* 19V®
30
24
44
14%
80%
79
24%
26%
95%
17%
16-Va
*110% lllVa *
%
%
■
>
73%
—.
,.
'
39% 40
7%
-V.'b
72% 73%
*112
113
105
105
14
14%
-80
80 Va
8
14%
79%
79
24V#'
25%
9434
16%
*16
*100
110
*100
110
*100
32%-
56'
174%
*39%
84
31%
9%
•
58
58
*173
4Va
4%
.
84Va
*84
67%
*6%
*112
113%
104% 105
105
*104
5%
y
77a
73%
/
—
28%
36%
5%
14Vt
I2V4.
134
*11
14
25
4%
40
40
8Va
' '
4%
•
—
'
■
Range Since January 1
Range for Previous
On Basis of lOU-Share Lots
Year 1911
Lowest
Highest
Lowest
Highest
t per share
t per share1 t per share
t per share
19,'4 Mar 11 , 29 >4 Nov 23 , 16% Dec
24>/a Sep
15% Aug 17 * 19% Nov 10
—
—
3% Aug 3 • 51/® Jan 5
3% Dec
77/® July
4 April
32 Apr 20
llsMar 7
7'/a May 14
30 Apr 28
2,500
Texas Gulf Produc'g Co
.No par
2 Apr 15
•
-3,900 / Texas Gulf Sulphur
— No par
. ..28
Apr .28
. ''" 1,800
Texas Pacific Coal & Oill———10 1
5 May*26 „
19,200
Texas Pacific Land Trust——1
' 4% Apr 28
''/; 3,100
Texas & Pacific Ry Co—
—100
7% Jan 2
500 ' Thatcher Mfg Co__,
—No pur, - 5 , Sep: 11 /
" —- ,
$3,60 conv preferred——No par
35% Nov 19
100
The Fair—
No par , ;,2%May20
'/" •
Preferred
' '——100 / 41 Jan 7
;
1,200 ' Thermoid -.Co.-——-—— —1
3% Apr 15'
'
—--J'
$3 dlv conv preferred—10
30, Jan 2
/
7% ■ 714
7%. 8%
18% 18%
6%
6%
*34% 351/®
: *2%
3%
*49% 51
4%
4%
*33
34
••
—
'
—
—
i»«
V
•
'
'
—
, —
8%
68%
7%'
;.;./ /!
^
40
8V®
73%
743a
*112
113%
8%
73%
1334
*25'
4%
67
7.
•
.
3
68
5%
11%
14
25 Va
434
*11
39 34
40
8
5%
•
—
—
26%
68
68
11%
14%
25%
5
71%
7%
*25
*7%
1%
69
14
25
11%
2
*11
14%
5%
14%
12
1%
*14
11%
*5%
6%
1
6
*11
5Va
14%
*67
69
37
.
'
34
' 28%
36%
5%
14%
12
134
28V*-
3814
28
38%
.»
-
—
.
Par
..
.
400
35
4
8%
40
3
35
—
—
—
9
*9tl4
9-t
'
—
/
*8%
39%
'
.
'
Swift International, Ltd-J—,
Sylvania Elec Prod's inc.™No .par
Symington-Gould Corp
1'
.
.
"
.
1
1,600
5'4
5%
35
4
„
•.
— ■
51
8%
1%
15%
9%
94'
*11%
19
'
—
—
.
7%
7%
18%
6%
36%
»3%
*2614
.1%
15%
:
94
5%
.
*34%
*2%
*49%
*4
*33%
26%
28%
.
18
4
34
95
*94
•
7*4
7Va
3
3%
8%
26%
1%
*14%
9V8
3%
*8¥4
3%
—
3
35%
35%
7*4'
71/,
19
6%
*33
261'2
*3%
3
35
;
'
'4
34
*33
8%
39%
3
*49%
51
*4
4%
34
*33
8%
39%
•
*6%
3%
*2%
*49%
51
*50
19%
7
36%
7
*35%
7
—
3%
8V2
39%
*35,
7%
' 7%
1934
•
—
—
3%
3
35%
■ 7%
7Va
18
36V®
7%
7%
—
—
37
3%
3
36%
*36
—
5%
*5%
*35
37
3%
x8%
39Va
834
40
3
3
3
3%
3%
8%
39%
t per share
26'4 26%
19
4J4
4'4 "
$ per share
'
'
534
5%
*35
35
35
STOCKS
NEW YORK STOCK
EXCHANGE
Sales for
the Week
Shares
5,100
2,500
Nov. ',17
Nov. Sift
*
5%
*5%
5%
*5Va
35
t per share
28
28 VB
19
19
4%
4%
29*4
19'8
4%
281 a
19
4>2
29
1812
Nov. 24
Friday
Thursday
Wednesday
Nov. 25
S per share
27
27»«
19
19 V®
4 V®
4%
Tuesday
f per share
share
per
*28%
RECORD
HIGH SALE PRICES
LOW AND
Monday
Nov. 23
Saturday
Monday, November 30, 1942
CHRONICLE
THE COMMERCIAL & FINANCIAL
1926
21V® July 2
6 V® Mar 25
16 Apr 23
97% Jun 19
30% Jan
77/a Nov
20% Nov
102Va Oct
26
23
18
30
—
—
6% Dec
15% Dec
96% Jun
--
—
9% Apr
22V® Jan
105% Jan
.
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4129
156
Volume
NEW YORK STOCK
LOW
Monday
Nov. 23
Nov. 24
t per
5
4%
4%
4%
43A
39
40
*38%
39%
38'%
16%
*15%
4%
4%
39%
4%
27%
27%
1
%
16'A
4%
4%
*
27%
%
6%
6%
79
6%
6%
,
26
26
%
26%
'l%
1%
1%
'
1%
1%
36%
*36%
37%
*29
30
"
1%
'
*1%
1%
*1%
36%
37
■
37%
*37%
38%
*27'%
29
«
.37%
.
15
15
.
*13%
'15
.
2%
2%
.
17
16%
•
2%
:•
-
.
17%
:
16%
1
Preferred receipts
30
.
i
—No par
Warren Fdy &
?
-14.
No par
'
loo
500i
Washington. Gas Lt Co
1
15%^
:
$3 preferred
100
Waukesha Motor Co_5
Pipei
17%
17%
*17%
17%
400
i 2%
r*2%
•2%
900
Webster
.17
*70
71%
'J,' 17%
71
17
17%
*70
17 %>
..
No par
.
15
——
Wayne Pump Co
"■./■'A 2%
3
*70
71%
153a
Receipts—
par
.
Wesson Oil ■& Snowdrift——No par
<1,500
71 %
$4 conv preferred——:
.
2%
Dec
Nov
4
'/*
Deo
1%
13%
Apr
26'A
Sep
6%
Deo
1%
1%
37%
37'
Nov
Jan
Jun 16
Jan
3
14
15
.6
Deo
1 % July
Deo
23
39'%
19
%
25
77
Jan
16
Nov
6
Feb
21%
8
25
Feb
38
Feb
2
14
Dec
Oct
23
10% Dec
17%
Nov
21
10'/* Dec
>3
July 22
1%
6
163/4 Mar
Nov
12
65'% Mar
10% Nov
6
22
88
Oct
Sep
23% Jan
17% July
20%
-
Jan
4%
Dec
Jan
20%
x71%
May 18
.59% May 20
...
2%. Feb
53
17
Nov
NOV
Aug 13
,15
No par
Sep
Jun
6
11% Jan
1% Jan
1
Eiseniohr—i———No
Sep
Sep
6%
8
Nov
1
Jan
2
Sep "8
Oct
5
.12
»
Jan
15%
29% Nov
7
6% Oct 21
80% Oct
6
2
Jan
6%
36
Feb
25% May
12
6
May 14
%
%
19
.21%
24%
.13%
No par
JWarren Bros Co
390
:
*13.
14
*13%
17%
*2%.
17
y
•13%
29
x65
t per share
Dec
16% Oct
% May 4
Feb 17
4% Apr 27
—5
3
xl2%
22
16
—No par
Highest
I per share
5'A Nov 14
41% Nov
17
2% Jun
„50
preferred
t
38%
—No par
Pictures
Bros
$3.85
■
1,800
*37%
-
15
15
15
13%
,2%.
*70
,
29
15;
•
17%
j
38%
29
14
..16%
'
•71%
*70;
15
i
17%
17%
17%
•
*13%
14
.
-
—
700
1%
38%.
*36
•
*37%
;
30
*29
.
*
1%
fl%
*37
'
.
•'
—
preferred—
Warner
13,200
-y
79
♦1%
'
«■
1 %
373A
1%
•
37
-
37%
$7
J per share
13% Mar 23
No par
Year 1941
Lowest
Highest
3'% Apr 23
31% Apr
No par
cl A
Class B
400
6 %
6%
*76
1%
*1%
1%
1%
1%
36%
.
200
.
"
79
*76-
Ward Baking Co
300
*%
v
6 %.
6%
6%
79
*76
79
,*76
36%
v
Good & W Ltd
preferred
(H)
Div redeem
5
*25%
%
*%
%
26%
"
'
No par
16 %'
*3%
*25%
%
A
27
*15%
4%
*4%
'
6%
*75%.
;
Walk
700
16'/a
*15
16 Va
*4%
'
„
39%
Range for Prevloua
100-Share Lots
t per share
No par
'
Basis of
Lowest
Walworth Co
4.000
*15%
On
EXCHANGE
Par
4%
,
Range Since January 1
STOCK
NEW YORK
Shares
4%
38'%
*15%
:
tor
the Week
$ per share
4%
39%
4%.
5
*39%
Nov. 27
S per share
share
f per
Sales
Friday
Nov. 26
Nov. 25
1 per share
share
STOCKS
Thursday
Wednesday
Tuesday
Nov. 21
I per shars
RECORD
HIGH SALE PRICES
AND
Saturday
1927
Jan
25% July
74'%
Jan
'
9%
-
9%
9
o%
73%
107%
108 'A
*11'/a
.
58%
72
72
•72%
62%
62%
72
*62%
107%
*98
..
*98%. 101
: 63 %
-
.
101
'
17
*
17 %
17%
17
.
2% /
2%
*2%
17
„
6
*5
*1
1%
n:
*5
'\
1'%
T
1
•
1
•,
'
700
West Va Pulp & Pap.Co.
pfd
27%
15
15
14
102
preferred
—100
Auto Supply Co
.10
Maryland—/—
100
2d preferred—
—100
Western Pacific 6% preferred—100
—
Western
.
Union
2
4%
%
23%
13%
.
.
.
Telegraph;——100
26%
26%
26%
26%
26%
26%
12 200
Western
14%
14%
14%
U4%.
14'A
14%
;5,200
Westinghouse Air Brake.—..No par
76%
6,100
May
1
Apr 28
May 20
May 18
Feb
Jan
91
104
Jan
93
Jan
113% Jan
18
Feb.
104% Jan
18'% Nov
3% Jan
8% Jan
2
Sep
.10% Sep 21
97
Sep 16
.12% May 9
;
Western
1,400
Apr 25
41% Apr 27
36
Apr 27
.
27
26%
34
No par
14%
27%
7% Aug 28
;
100
100
100
6%
;4,900
;i,ooo
1%
preferred
preferred
%%
I
6'A
n
,
1'
1
1
West Penn Pr Co 4%%
I
2%
*5
5%
*5%
5%
270
f
18%
.
2%
50
.?
ioa
18%'
•
:■/
■
•r 2%.
2%
2%
1
No par
class A
no
t
'
6%
*5
18%
17%
■
17%
2.%
2%
West Penn El
110
:
12% -12%
*98% 101 J
-
Indies Sugar Corp
|
63%.
108
West
1,600
59.
'73
72'
12
*98%
1
•,'<
108
11'%
12%
9%
*56'%,
j-
58%
107%
108
*11%
102
•
f
63%
107%
12
11%.
102
*98%
63
*107.'''
11%
9
83A
58'%
72%
63
63 %
8%
8%
*56%
.
58%
72%
'
73%
*62%
9
.
58%
59
*58'/8
t
8
8
9
6
2
27
27
28
23
106%
Jan
99%
Dec
115
Jan
89
Nov
107%
Jan
112
Mar
117%
Jan
15
Dec
Deo
104%
Apr
15%. Dec
1%
Dec
20% July
107
Oct
29% July
4% July
9
July
an
Feb
1 Va
May
18%
Feb
31%
Nov
24% July
49%- Dec
Oct
13
19% Feb
5
15
Deo
81 % Jan
6
127
Jan 28
71
Oct
105
Jan
118
Dec
141
Mar
30
18
May 27
'
:
76%
77%
*116%
117
116%
116%
*26%
28
*26'A
77
77%
•
76%' :?7
>
*116
28
757/a
*116
117
*25%
28
V76
'76%
117
117
*26%
"
*26% ' 27%
*26%
*107% .108%
27%
*26%
27%
107%
107%
*107'%
108%
i
50
'83
*41%
50
88
'41%
*83
88
*41%
*41%
*41'%
89
89
18
preferred
>
%■
5%%
■i
preferred.:
conv
18%
18%
*60%
61%
*61
*13%
14%
*13%
14%
*13%
13%
*13%
13%
13 %
13%
13%
13%
13%
13%
13%
4%
4%
4%
4%
4%
.4%
■4%
4%
1
700
White
2%
*2%
2%
?
800
White Sewing Mach Corp
'
*13%'" 14
*4%
-
5
.
2%
2%
3
2%
2%
491/2
*35
49%
*35
49%
*35
49%.
*35
49'%
20%
*19%
20%
*19%
20'%
*19'%
20'%
*19%
20%
*2%
2%
*2%
2%
2%
2'A
2%
2'A
2%
2
2%
2%
2'A
7%
7%
7%
7%
19
2
2
-7%
1%
.
-
■
.
7%
■'
2
4% •'
7%
'
4
4%
:4%
4.%
28% ! 29
4%
13,500
[1,500
Willys-Overland Motors
6% conv preferred^
<3,000
Wilson & Co Inc
5 5'/a
400
*116%
124
114
*106
*46
47
15%
♦116%
124
114
*116'%
124
*106
124
120
$6
46%
'
"
}
*46%
46%
\
10
10
21'% May
Jun
Nov
Nov
Jun
Jun
Jun
Apr
.
114
.«■
51% * 51%"
22%
22%
•V
22%
22
12%
12%
...
7%
30%
7%
>81%
;
*
,' •
•
30%
82 '
%
.
82
7%
*7
28%
1
81%
•
*7 '
.
29 3A
82
;•
.
•
"> 9%
9
2%
2
•2'/a
2
♦Bid and asked-prices;
'
16'/a
16%
16%
reduced from 100 to
8%
•
no
10.shares;
9
■r
"
•,
;
r
8%-
82
f
16%
16%
•'
■
Transactions at the New York Stock
Zenith Radio Corp—
(
Zonite Products Corp^_
Cash. sale.:
s
Number of
Week Ended Nov. 27, 1942
Bonds
310,700
632,210
$3,586,600
6,218,400
8,146,900
7,247,900
r
76
10%
Jan
15% July
5
10%
Dec
17%
2%
Dec
2%
Dec
7
Special sales.'
x
Jan
Jan
Feb
84'/a
18%
Dec
26% July
1%
Dec
2% May
1%
Apr
2%
Jan
3'%
Apr
6'/a
Deo
4'%
Dec
7
60%
Dec
77
Sep
109%. Oct
115
Nov
:y
19 % Deo
33%
34 %
16
Dec
25% July
98
Mar
147
130
Jan
Jan
Aug
July
85
Jan
47%
Dec
50%
Dec
86
Apr
122
July
50%
Dec
80
Jan
15
Dec
9
10%
Dec
Aug 17
109%
Dec
73% Aug
75% Aug
22%
Jan
17% Jan
120
Jan
Dec
12% Jan
13
29
Dec
42%
Jan
Oct
20
76
Dec
05
Aug
12 V4 Jan
5
Dec
18%
Jan
15% Apt
3% Oct
7% Nov
87
5%
9
9%
19
17 % Nov
12
8
Dee
2% Jan
26
1%
Apr
Ex-rights,
Sep
23'/* Dec
7
1% May 21
Ex-dividends.
Jun
37% Jan
12
May 14
8% Feb
Jan
8% July
5% Jan
41
23% Oct 13
14% Nov
Jan
t Unit of trading
if Called for redemption,
Exchange
Daily, Weekly and Yearly
Stocks
Total
Government
Bond
Foreign
Bond3
Shares
Dec
Transactions at the New York Curb
Exchange
United States
Railroad
and Miscel.
•'
1
Daily, Weekly and Yearly
Stocks,
78
—No par
,
| 700
r
58%
121
5
Apr 23
-28% Jun
3
No par
preferred series A—.^.-100
Youngstown Steel Door_-—No par
1,800
2 V&
Deferred>delivery:^ n.New Stock.i
a
sales on this day. { Jin receivership,
'
, v ,
> >
"
*2.
——
Jan
30% July
22
x30'%Nov
9
21% Jan 28
125
July 28
117
Mar 3
54.
Jan 26
57% Jan 26
104:
Jan 15
62
Jan
5
3
t5%%
!
July
100
28
Youngstown S & T———No par •
-
170
65
Dec
Apr
2
10% Apr
111'% Jan
_25
Co
Young Spring & Wire—
900
i5,9O0-
?2,700
8%
16%
1538 Jan
ulOO
Yale & Towne Mfg.
Preferred
•'j.
6
22
13
13
17
9
23
24
Yellow Truck & Coach ,cl B——1
900
;3,100
{
4;
v..
f
29%" 29%*
8%
-
No par
14%
"7% preferred A_—
100
117
6% preferred B
100
106
Prior pfd 4%7o series—
100
42'A
Prior pfdr4%% Conv series-x._100
44
Wright Aeronautical
——^JVo par /
80
Wrigley (Wm> Jr (Del)— No* par39
.
54'%.
t/i>?'^''.;.80%*'80:%.
v
> 2%.^
*2%
2
'
*120%; 121,
29%
16%
16%
.
90
7%
••
29%
*80%
v
v.
;
'
16%
16
7%
-
30%.
9%
*2%
-
82
■
9%
7'
29%
47
.
>
ij 22: .;. 22
.> '^t'12%-412%-
"12%
*120% 121
*120%' 121
121.
'
-'
54
22
12%
47
*85
54
'
:
A
>
90
53 7%
'54%
22
22%
*120%
121
*53%
'
12% .12%
12%, -12%
*120%
97
*85
95
95
95
52
-
■
46'%
46%
■f
(F W) Co
Worthington. P & M (Del>
Aug
21%
24
17% Aug 26
Woolworth
*106
49
51
Sep 23
107% Jun
1
.
Woodward Iron Co
29%
-16'A
(*116'% »124*
.•
'46%
*46
50
preferred
18%"- 18 %i
*15%
■
114
*46%
467/a
*46
50
99
'
*22
r
.
•
*46%'
50
51%
-
Aug
85
Jan
2'A Oct 16
8'/a Oct 16
6% Jan 20
73% Jan 13
110'% Oct
5
1% Aug 12
4% Apr 29
3% Sep 14
.
.
No par
——;
No par
Wisconsin El. Pow 6 % pfd—u_
100
'
*96
.
15
29
29%
15%:- 15%
' 114
*106
a
*108
18%
■
29
"29%
15%
r551
55
120 "
18%
19
28%
16
*117
*106
*46%
1——-.1
10
—
60
Jan
36% July
112
15% Jan
6
1% Apr
Apr
5% Nov 14
' 3% Jan 27
53
Jan 12
22% Jan 13
2'% Nov
7
25
Mar
.40
May 6
.15'% Apr 23
;
—5
4%
Jun
Apr
105
34 %
27% Feb
4
69% Jan 29
15
Apr 17
1% Apr 29
No par
20
2 %
-
7%
,' 4'8
A
*108
112
29
j
16
55
55%
*18%
19%
28%
■
1G%
*16%
*108
19
19%
*19%
*55
120
*108
120
*103
4%
3
Jun
27 %
8
93
18% Aug 13
58% May 9
12% July 21
12
7%
2%
31% Jan
27%
2
108% Oct 24
50
Apr 18
9
_1
-
29% Feb
'
•
56
55%
55%
*54
-
July
„1
—
preferred—:
preferred—a
Prior
'
7%
.
Nov
80
Spr Co—.No par
Min
Wilcox Oil & Gas Co
;i,6do
■
'
•,
>
Rock
£4 conv
2%;
.43
6
2
conv
White Motor Co
2,000
%
*35
*
$5
240
2
14
*13%
14
2%
2%
61
61
Mar 11
_No par
prior pref—
_No par
White Dental-Mfg (The S Sj
20
19%
62%
18%
22
Wheeling Steel Corp—
,1,100
19
*61
5
100% Jun
-100
.—
19
-61%.
Apr 28
No par
62
18%
Aug
$4.50
*60%
19
.109
>23
preferred
No par
Wheeling &. L Erie Ry Co——„ 100
70
~30
•
63% Apr 24
..
Instrument—12.50
Elec
Westvaco Chlor Prodi
V
50
<
*18%
: :
1st
Weston
27%
*85
50
*85
50
-85
.
200
108%
*108
108%
'
84
40
28
*26%"
27%
*26%
-108
_50
i—50
Westlnghouse El & Mfg
117
27'%'
27
Bonds
.
,
/
Bonds (Par
(Number
'"
-
Foreign
of
Week Ended Nov. 27.1942
Sales.,
Shares)
$3,741,600
—-
83,115
$278,000
i_>—.—r—
125,545
549,000
...
Domestic
Government
Value)
Foreign
Corporate
Total
"
Saturday
*
—
Monday
Tuesday
636,490
Wednesday
I
—
Thursday
i..-.
—.
Total
■
>
,
-,44,000
,
i
Saturday—
6,673,400
..
* 817,000
Monday—
8,796,900
Tuesday.'
8,064,900
6,048,800
2,669,640
$31,248,600
$3,196,000
^
4,000
633,000
6,000
526,000
!
Total—
102,310
—
662,000
12,000
14,000
688,000
558,730
/
—
$2,616,000
$45,000
$29,000
$2,690,000
Week Ended Nov. 27
Stocks—No.
of
shares
1942
1941
1942
1941
1942
105,617,146
S.
Government—
Foreign
'
Railroad
$17,912,000
145,094,000
1,720,736,000
4,550,700
2,669,640
industrial
Total
I
—
558,730
1,131,150
1942
17,904,013
1941
26,854,893
Bonds
$85,500
3,196,000
&
Jan. 1. to Nov. 27
133,762,578
$222,000 --$6,-334,050
3,196,000111,996,000
36,098,000 - 1,977,513,900
shares—I—
of
Bonds
U.
1941
«
'Stocks—No.
562,000
10,000
12,000
Jan. 1 to Nov. 27
Week Ended Nov, 27
$~5~000
619,000
508,000
Holiday
Friday
$85,500 -; $34,530^100
8,000
126,080
el-
Thursday—
7,253,300
59,500
1,145,000
$281,000
$3,000
121,680
——
-Wednesday
Holiday
——524.770
——
j'
$12,000 /
443/000
636,000
..
,
:
—
Friday
565,470
$155,000
31,248,600
$34,530,100
>.
»Foreign corporate
Total—
$39,516,000 $2,095,843,950 $1,883,742,000
Stock and Bond
on
1
-
—
1
l.
i
——-
-
Averages
the daily- closing averages of representative stocks and bonds
the New York Stock Exchange as compiled by Dow, Jones & Co.:
Below
listed
29,000
are
Stocks
20
30
•
.
..
.
.
.
November 25—
.
Utili¬
65
roads
ties
Stor^
'
.
10
'
Second
10
First
Indus¬
Grade
Grade
trials
Ralls
Rail*
Total
10
Utili-
.
ties
40
Bonds
90.57
27.95
13.96
38.73
.106.59
92.58
53.22
109.90
114.46
27.49
13.86
38 35
106.61
92.40
52.54
109.84
90.35
114.10
27.39
13.97
38.25
106.56
91.96
51.73
109.86
90.03
114.13
27.52
14.03
38.32
106.68
91.91
51.54
109.79
89.98
14.01
38.38
106.65
92.01
51.54
109.88
90.02
115.38
Holiday
Holiday
November 26-
November 27
Tota)
Rail¬
trials
November 23—
November 24
15
Indus¬
November 21
/_
—Bonds—
10
Date—
114.86
27.16
$4,293,000 $153,306,500 $216,096,000
210,000
3^798,000
5,956,000
115,000
701,000
2,897,000
$2,690,000
$4,618,000 $157,805,500 $224,949,000
$2,616,000
1
.Foreign government
45,000
THE COMMERCIAL & FINANCIAL CHRONICLE
1928
Bond Record
Monday, November 30, 1942
New York Stock Exchange
«»
FRIDAY
WEEKLY
-
YEARLY
-
interest"—except for income and defaulted bonds. Cash and deferred delivery sales are disregarded in the week's range,> unless they are the only transactions
the week, and when outside of the regular weekly range are shown in a footnote in the week in which they occur% No account is taken of such sales in computing the range for the year.
NOTICE—Prices
"and
are
the column headed "Interest Period"
The italic letters in
BONDS
New York
Period
Ended Nov. 27
Week
Last
or
Friday's
Sale Price Bid & Asked
Low
S.
U.
BONDS
Week's Range
Friday
Interest
Exchange
Stock
of
indicate in each case the month when the bonds mature.
High
Bonds
Range Since
Sold
January 1
No.
Low
New York
Stock
Friday
Week's Range
Interest
Last
Period
Exchange
Week Ended Nov. 27
Sale Price
or
Mtge Bank 6'As
a-o
—1947
Range Since
Sold
January 1
,
No.
High
Low
A Colombia
Government
Bonds
Friday's
Bid & Asked
High
Low
High
25%
29 Ya
25%
31
25%
30
18%
49%
17%
45%
12%
*30
__
18%
■
1947-1952
1944-1954
J-D
1946-1956
Treesury 3%s__—___„^_»__1943-1947
1943-1945
1944-1946
1946-1949
,_1949-1952
1946-1948
1951-1955
1,_1955-1960
_1945-1947
1948-1951
1951-1954
1956-1959
A-0
Tret
3'As
Trea i try 3'As
Treasury 3'As
i
try
Treasury
3'As
Treasury
3s_.
Treasury
3s
,
Treasury 2%s
2%s
Treasury
Treasury 2%s
Treasury 2%s
23As
Treasury
2%s
23As__
Treasury 2'As
1958-1963
1960-1965
1945
Treasury 2'As
Treasury 2'As__
1948
Treasury
Treasury
1949-1953
_195d-1952
2'As
Treasury
2'As
Treasury
Treasury 2s
1947
:
F-A
108.30
110.8
—1952
J-D
45%
44%
45%
101.29
104
—1953
M-N
45
43
45
7
102.13
104.20
16%
16%
1
t102.8
*107
J-D
28
"3
Copenhagen
(City)
5s
25-year gold 4%s__
A Costa
107.3
108.14
Cuba
109.14
107.3
Rica
2s
Mar 15 1948-1950
Treasury
2s
Dec
15 1948-1950
Jun 15 1949-1951
Treasury 2s
Treasury 2s-._i.__
Sept 15
Treasury 2s
Dec. 15, 1949-1951
1949-1951
1950-1952
Treasury 2s
1951-1955
Treasury 2s—
1953-1955
Federal Farm Mortgage Corp—
3'As
^_1944-1964
3s
1944-1949
Home Owners' Loan Corp—
3s series A_.
1944-1952
l%s series M
;
1945-1947
Treasury 2s
40
*30
\
—1951
1944
M-S
*101
External 5s of 1914 series A
1949
F-A
*102%
108
External
J-D
loan
4'As^.
external
debt-
1977
Sinking fund 5%s__
M-N
.—1953
F-A
5
30%
30%
(Rep of) 7s
(Republic of) 5s of 1904
22
■
99% 101
__
■
__
■
*
302% 102%
.
100
*102'/8
**•>«
M-S
110.28
4'As
109.13 109.13
1
107.29
110.17
104.27 104.27
23
104.27
106.9
110.3
110.3
110.3
M-S
104727
5
*107.7
J-D
107.30
107.11
107.9
M-S
.109.5
*107.29 107.31
107.2
A Public
*108.14 108.16
108.15
J-D
*108.18 108.20
.108.16
109.31
J-D
*109.4
108.16
110.18
J-D
1945
(Rep of)
—1952
—1942
Ill
31
31
31
J-J
*25
,
100% 107
■
*108
1
A-O
§ADenmark 20-year extl 6s___
External gold 5'As
External gold 4'As
102% 115
.
"4
15
109.6
J-D
*104.16 104.18
104.21
M-S
*106.20 106.22
106.17
J-D
*106.9
103.4
*100.19 100.20
29
58
53
16
26%
54%
48
49%
15
22%
50
Cust Ad 5%s.—1942
SADominican Rep
M-S
*71
74%
63
73%
106.23
f A 1st series 5%s of
'
1940
A-C
107.2
§A2d series sink fund
5'As— —1940
M-S
*71
73%
13
102.18
103.14
—1969
A-O
*71
74
100.4
100.22
—1969
A-O
11
100
105.16
A El
—1948
J-J
A Estonia
—1967
J-J
—1945
M-S
*104.17 104.19
J-J
*101.2
100.24
101.21
J-D
*104.28 104.30
103.27
*103.28 103.30
104.5
104.27
1926
series
5'As 2d series
Salvador
ctfs
8s
of
dep
7s__
'
■
*71
59
__
61
'
'V'
101.4
Finland
(Republic of)
(Republic)
extl 6s
M-S
*101.6
101
*103.27 103.29
103.27
1980
*100.12 100.14
100.9
101.5
101.8
M-S
*100.9
100.11
100.11
65
17%
1
8
18
18
2
6 %
*85
95
*85
95
:
17%
—1949
Republic 7s stamped
unstamped
*100.6
100.8
100.4
100.6
MS
*100.3
100.5
100.2
Greek
100.20
J-D
J-D
,
A 7s
paid
paid
part
part
A6s
—1964
-
■
66
Haiti
*100.1
100.3
100
100.22
*103.4
103.6
102.22
103.24
MS
*103.4
103.6
103.23
104.20
Irish Free State extl
M-N
103.5
103.5
103.4
1952
f
f 5s_
s
a-o
*103.2
103.5
103.2
*101.5
101.7
101.10
101.10
8
6%
68
M-N
_
*60
63%
*81%
V
.
'
.
.
87
—
j-d
12
20
47%
--
69
104%
104'/8 104'A
44
36
44
A-O
43'A
44
MS
*40%
—1945
F-A
AExternal
s
f
7s series D_
1945
s
f
7s
1957
series
AExternal sec s f 7s 2d series—1957
f 7s 3rd series—1957
external 5s
1958
Argentine (National Government)—
S f external 4'As_
1948
AAntwerp (City)
loan
10%
10%
—1954!
J-D
15%
15%
15%
—1954
J-D
80'A
80%
•.
AMedellin
(Colombia)
6'As
(Prov) 4s readjusted
A
4'As stamped
assented
conv
y y
5%
of
5s
11
'!i
Belgium external
15%
15
10%
A-O
10%
15
M-N
95 y4
94'A
95'A
15%
External
External
66
88
71%
.
95%
External
76%
24
38
76%
M-S
76%
75
76%
18
38
1956
M-N
72
70%
72
17
36'/a
.1949
M-S
*98
100
97%
A-O
J-D
31'/a
34%
31%
32
32'A
36
83
100
83
100
22%
36%
18%
34
13
18%
34
13
19%
34%
.1950
J-D
stamped—
_____
External s f 4'/a-4%s—______
.1961
MS
_1977
MS
gold 5s
1
3
57
32
Sinking fund gold 6s
(Province of)—
Refunding s
.1976
74%
74%
.1976
A-O
*70
37
__
71%
36%
74%
70
44
■
f 4'A-4'As
4%-45As—
f 4'A-43As
67
67
1
56
67
66%
66%
66%
3
57%
67
r
2'As
3'As
7-year 2'As
30-year 3s
...
A
jun -r-ni
—;
.—..
—
A-O
,107
107'A
3
68%
49%
103% 107%
.1952
Af-N
101% 101%
29
.1945
F-A
lOO'/a 100%
23
.1961
J-J
101% 102
11
97% 102.
J-J
100'A 100'A
21
98% 100%
.1967
J-J
M-N
J-J
.1942
22
93%
98%
97%
22
93%
98
10
A-O
98
97%
10
20
20 '/a
18%
19
20 y8
19
20'/a
5
8
5
15%
10
20%
22
13
19%
1
13
A-O
18%
18%
18%
46
12%
19%
1961
F-A
20
20
20'/a
5
13%
20%
1961
F-A
18%
18%
18%
45
12%
19%
20'/a
20%
Jan
1961
J-J
20%
Jan
1961
J-J
18%
Sep
1961
M-S
.Sep
assented
1961
M-S
A-O
A-O
.1963
Af-N
20'/a
6
15%
18%
18%
59
13%
19%
20'/a
20'/a
1
14%
20%
18%
18%
18%
20
20
20
Af-N
-1963
sinking fund 6s_
.1962
-1962
sinking fund 6s_
assented
assented
18%
18%
25
13%
19%
1
15%
20
18%
1
13
A6%s assented
20%
81
13
19%
1962
assented
1962
Colombia
5s„
M-N
1960
(Hukuang Ry)
M-S
7
17%
15
13%
19
12%
18
13
17%
18%
13
"l
18%
9
12%
18%
17%
9
12%
18
18%
1
J-D
*17
16%
17%
~4
16'A
16%
19
*13%
20
19
13
17%
17%
14%
18
14
17%
11%
17
12
15%
of
1928
-Oct
1901
A-O
51%
51'A
51%
2
39%
52
Of
1927
_Jan
1961
J-J
51%
51%
51'/2
2
37%
52
1970
A-O
38%
38%
39
80
29%
39%
external
For
s
f $
footnotes
bonds
see
86
83% 100
84
99%
3
99%' 99%
page
1932.
78
78%
16
53
76
77
13
51%
78
50%
75%
50
70
*—
80
*65
71
sink fund 4%s
(City)
1955
APanama
A
extl
(Rep)
s
f 5s ser
(Rep of)
J-d
.1961
a-o
1940
gold 6s—
M-S
1960
f 6s 2d ser__
s
m-s
.1959
7s
m-s
.1947
(Rep of) external 7s
extl s f 6s 1st ser__
extl
A-O
loan
s
sec
6'As
J-J
12%
14
113
7%
15%
12%
14
352
7
15%
12%
14
204
7%
15%
8%
-
12
*12
13%
7%
13%
14%
14
12
13%
17
16
•**.«,
14
10
5%
13%
14
23
13%
7y .i''
■
.
'
<*. —
'
16
22
7%
16
12%
14%
12
5%
14%
9%
16%
7
8%
16
2
*16
*15
15%
14%
33
*82%
f-a
——
14%
33
14%
M-N
'''
88
T
'
14
10%
33
_«i
50%
83
10
a-o
16
15%
16%
17
f-a
(City of) 8s
1940
————1953
14%
14
14%
43
8%
2
16%
14%
(State of)—
16
15%
16
M-N
16%
16%
16%
1967
loan
J-D
—
extl water loan
extl dollar loan
—
70%
10%
18%
15
8%
16%
2
9%
16%
—
4
10%
16%
62%
71
18%
17'A
1
11%
M-N
16%
16'A
16%
5
11
16%
J-J
42%
42%
42%
4
32
42%
J-J
32%
26%
33
17%
M-N
13
32%
33
M-S
30
30
1
25
J-J
31%
31%
8
20%
31%
a-o
1950
1956
_1968
1940
external
*15%
70%
M-S
sink fund 4s
1964
ASao Paulo (City of Brazil) 8s——1952
A 6%s extl secured s f
1957
jASan Paulo (State) 8s
.—1936
Santa Fe external
A 7s
17%
J-D
1966
external loan of 1926
A 6s
17%
a-o
—1946
1921
extl loan of
external sink fund gold——1968
A 8s
13
13%
"
1966
A 8s
municipal
70
101% 104
13%
J-J
J-D
A 6s
A 7s
5
14
J-J
7'As—1952
Queensland (State) extl 6s
1947
de Janeiro
65
57%
45
14
a-o
1961
8s
AExternal loan 7'As
Rio Grande do Sul
;
''
APrague (City of Greater)
A 7s
57%
h-
70
104
69%
65
13'/a
a
a-o
f 7s
(City of)
APorto Alegre
1
a-o
1958
1947
A4'As assented
-——1968
AExternal sink fund gold 8s_—1950
A4'As assented
1963
A Stabilization
27%
'
.1967
series B
A Nat loan
A Nat Loan
70
69
'S'
78'/a
64%
—
104
'
J-D
1994
to
ext
(State of)
APernambuco
A Extl
75%
—
m-n
.1963
Stamped assented 5s
Ext sec ref 3'As
A Rio
74%
3
m-n
Stamp mod 3'As
APeru
76
a-o
1963
§ A Secured
f
s
7s
Serbs Croats & Slovenes
A 8s
61%
61%
6
54%
66
30%
(Kingdom)—
secured external
series B sec
A Silesia
(Prov of)
extl
extl 7s
A4'As assented
M-N
M-N
—1962
—1962
,-1958
:_1958
J-D
J-D
1955
11%
12
11
10%
11%
12
11
12
F-A
Sydney (City) s f 5'As
10%
'72%
10%
28
4%
12
6
4%
11%
14
4%
12
9
4%
10%
40%
77
71%
77
77
F-A
*78
AExternal sink fund 6s
1960
M-N
*78
73
77
AExternal sink fund 6s
1964
M-N
80
80
15
71%
80
1979
M-N
62%
61
62%
38
53%
62%
59
59
4
51%
59
59
59
59
3
51%
59
63
63
1
54
63
52
52
52
AUruguay (Republic) extl 8s
3%s-4-4%s
External
External
3%-4%-4A
1946
conversion
1979
M-N
extl conv
1978
J-D
1978
3%s extl readjustment
1984
A Warsaw
-
($ bonds of 1937)—
readjustment
4-4%-4'As extl readjustment
(Republic of)—
A6s
A6s
3s
F-A
17%
17'/2
17%
17%
17%
M-S
1951
assented
17%
18%
18%
M-N
1960
Munlc 7s
18%
18%
J-D
A-O
18%
*17
A-O
1961
AGuaranteed sink fund 6s.
A 7s
17%
J-D
1961
A 6s assented
A Chinese
J-D
1961
AGuaranteed sink fund 6s.
A 6s
18%
1957
6%s
J-D
1961
Mortgage Bank 6%s_.
A Chilean Cons
83%
48
1
19%
13%
18%
*10%
18%
1957
A6'As assented
ASinking fund
44
81%
80
100
J-D
A 7s
A Chile
F-A
100
21
-i960
assented
A 6s
80
1970
98% 100%
97%
97%
M-N
M-N
100% 102%
Feb
sinking fund 6s_
AExternal
43
Feb
6s
ARy external s f 6s
A 6s
59
7
.1960
assented
AExternal
23
.1942
f 7s—
assented
a 6s
68%
.1954
8s
7s assented
6s
68
45%. 45%
-1968
—
3s
AExternal sinking fund 6s
a
Af-N
J-J
66%
-1944
.l,I
10-year
s
56
-i960
25-year
A Extl
*77%
A4%s assented
57
.1984
30-yr 4s
-it
66%
66'A
.1975
f $ bonds—:
fund
70
1963
74%
„
66'A
F-A
External readj
sinking
86
*80
loan——
sink fund extl
5 A Poland
A 6s
a 6s
*77%
1965
72
32%
*62
a 6s
17%
75
Municipal Bank extl s f 5s
4s
4%s_
100
31%
*69'A
—
83
31%
A-O
.1952
97%
F-A
A Extl
9%
10%
MS
A-O
F-A
Oslo
.1957
Ry)
s f 5s
External
9
3
76%
1957
MS
(Rep)
F-A
A-O
1956
6s
74'/a
J-J
.1958
A
—
1943
—1972
5s of '25-1955
.1957
A Chile
M-N
1957
sink fund
f 6'As of 1927
(City)
17%
17
16%
*83%
„
1958
5s
sink fund 4'/2s
.1957
30-year
16%
16 '/a
1944
f
s
External
f 6'As of 1926—__
A Carlsbad
13
14%
(State)—
f 5s—.—
s
External
1928-
_a.XL_. y IU. u_.»
New South Wales
15
40
75%
34'/a
5s
5%
6
98
1
1959
75%
99% 100
s
series A
82%
6'As
(Dom of)
A 6s
65%
99%
external
17
65
34%
3%
342
J-D
10
J-D
Canada
10%
M-S
7s
17
J-D
s
13
5%
M-S
(City)
20
J-J
External
5%
1959
11
Buenos Aires
*
5%
69
1958
ASec external s f 6'/2s
75%
.1941
Sinking fund
10%
189
—1952
A
A Montevideo
75%
.1955
(City)
15%
82%
10%
14%
82%
.1955
Brisbane
5%
5
13
74%
f 7s
s
8
'72
42
13
;
12%
74%
f 6s
(Central
9
10%
82
s
AExternal
11%
12%
75%
s
A7s
10%
14%
Norway external 6s
External
■
13
J-D
J-J
18%
*45'/a
External
s
12
15 y«
15
Q-J
-
J-J
.
74%
SABrazil (U S of) external 8s—
AExternal
3 ''
—
1945
(State)—
Sec external s f 6%s
82'/2
1927
External g 4'As of
10%
*5%
§ A Treasury 6s of 1913 assent—1933
AAssenting 4s of 1910—.
A-O
(Commonw'lth)
External
78
'
10%
9
Q-J
1945
Minas Geraes
F-A
loan 4s Apr
S f extl conv
Australia
16
1954
M-N
——1971
f exti conv loan 4s
15
15
A-O
J-D
10%
M-N
-1943
1945
Feb———1972
4'As
f
S
15%
15%
11
15
A-O
S
10 ya
10 y8
15
15
J-J
AExternal
44
32%
15
4114%
1945
25%
15%
*14%
f 7s series C
44
25
15
15
J-J
s
s
62 %
98% 100
32'A
15
J-J
—1945
7s series B.
sec
•
'
AAssenting 4s of 1904
External
AExternal
15%
66%
'
1948
1st
16%
55
a-o
104.23
J-D
,
'
AJugoslavia (State Mtge Bk) 7s.—1957
M-N
21
15%
•
*65%
104.25
J-J
A
85
23
16%
14%
,
.
a-o
1960
(Republic) s f 6s series A.
Helsingfors (City) extl 6%s
15%
15
■
,
(US) extl 5s of 1899 £
AAssenting 5s of 1899
1947
(Dept) <coll 7s A
s
85
82
—
.
16%
•■•MOM
—1968
J-D
4s____1968
...
fund 6s
AExternal
18
85
Government—
J-D
(Colombia)—
(King of Norway)
AAntioquia
17%
65
—
--
100.5
Municipal
AGtd sink fund 6s
AGtd sink
70
—r
17%
-
104.24
J-J
—1949
7s
102
J-D
A Mexico
Akershus
73%
■
City
&
73%
G1 %
'i»_
1
■
71%
63
105.21
J-D
1st
5'As
.
Govt.
71
101.17
103.14
'
A-O
Customs Admin 5'As 2d series.—1961
100.5
*100
J-D
M-S
J-D
27
50%
'•
104.6
106.11
103.4
58
53
48%
106
105.24
*103.14 103.16
:
57
F-A
A-O
Mexican Irrigation—
Corporate StockForeign
20
1962
'
103.6
*105.29 105.31
M-S
Transit Unification Issue—
Agricultural Mtge Bank
31
20
"
—
'
3%
83
68%
''
*104
'
A-O
8s ser A-1951
ASinking fund 8s series B.
,
24
76%
75%
'
105.25
107.7
5%s__
ACzechoslovakia
108.31
M-S
wks
^
'
J-J
109.25
Mendoza
York
New
103%
•
M-S
French
Treasury
M-N
110.29
107.4
*106.19 106.22
J-D
105.20
103.16
*110.11 110.13
MS
2%s
1947
tl02.8
1102.8
M-S
Treasury 2'As
ASinking fund 7s of 1927
J-D
1956-1958
———_^„1962-1967
1967-1972
1951-1953
;__„1952-1955
1954-1956
Treasury
108.27
,
*103.14 103.16
1952-1954
2'As
106.10
106.10 106.10
106.10
A-O
Treasury 2'As
Treasury 2'As
—1946
.
Treasury 2'As
Treasury
ASinking fund 7s of 1926
*101.17 101.20
J-D
3%s
Treasury
116.2
*108.19 108.22
AT-S
Treasury 4s
114.14
114.9
*114.6
a-o
4'As
Treasury
external 7s—:—1958
A4%s assented
1958
(City)
F-A
J-J
F-A
52
F-A
10%
6
41%
10%
10%
4
4%
10%
9%
10%
55
3%
10%
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4129
156
1929
NEW YORK BOND RECORD
'
•
'
J >;
New York; Stock Exchange
Week Ended Nov.
<
.
Friday 1 Week's Range
"'Last:
or Friday'sRale Price Bid & Asked
Low
High
BONDS
21-
v
•
Interest
Period
.»
Range Since
January 1
Low
High
-Sold
No.
'
65%
*48'A
J-D
49%
"49%
J-D
50%
M-S
8
*101 '/a 103
F-A
J-D
3
J-D
102
'!
*104'A
1st
*103'A 104
—.1943
J-J
with
assented„._,.1948/
107
*60
63
54
63
55
5
81%
92%
5
85
89
Alleghany & West 1st gtd 4s——1998
A-O
A 5s
50'A
28
6
51 %
77
*—
income-—-—————1950
A-O
'
97
71%
59%
50
71
89%
70%
58'A
89%
65%
'78
92
63
64
41
59
60
68
—1951
F-A
102
102
102%
,11
100% 104%
M-S
106'A
106% 106%
34
105% 108%
'
Am &
101%
31
105% 108%
107%
107% 107%
41
105% 108%
US
debentures™.
1966
3s conv debentures—--—1956
deb 3s——1962
107%
106% 107%
148,
100%
100% 101%
69
J-J
A Anglo-Chilean
Nitrate deb——1967
Jan
53%
JAnn Arbor 1st gold 4s^———-1995
Ark & Memphis Ry Bdge & Term. 5s 1964
Q-J
58%
Armour & Co
M-N
106
109%
101%
100
96%
19
54%.
20
34
61
58%
69%
1
:
;
87:
General gold 4%s
108
•
'
99%. 101
>
F-A
104%
104
104%
27
100% 106%
J-J
(Del) 4s B—1955
(Del)-1957
104%
104
104%
8
100% 106%
—————1995
A-O
111
Nov
Adjustment gold 4s
,——-1995
Stamped 4S——i-—i-——1995
Conv gold 4s of 1909—
-1955
Conv 4s of 1905—
1955
*91%
J-D
Cal-Ariz 1st & ref 4'As A—
1962
M-S
Atl Knox & Nor 1st gold 5s--i,—_1946
J-D
L J,''
vjiii1
*112
"!
•"
-
103
84
V
J-D
M-N
72%
■:
71%
101
68
x
:
i
63
61%
102
102 iV
102
■;
85%
•
104
74%
66%
,
63%
.77%
30%
40 /,
25%
:
33
■
J-J
J-J
■
,
J-J
,
100
>,U
m-s
1953
*29
Vi
17:
32%
32
100
29%
/
.v
7//
■;■■■
105% 105%
\
\
v*-—'
95% 100%
16
.102
106
»'
(.■
R
Baltimore St
Ohio RR—
gold 4s
July 1948
Stamped modified bonds—
1st mtge gold (int at 4% to
Oct 1 1946) due——-July 1948
Ref St gen ser A (int at 1% to
Dec 1 1946)
due—1995
Ref & gen ser C (int at 1%%
;
to'Dec 1 1946) due
—1995
Ref & gen ser D (int at ■■%%: to
Sep 1 1946) due—
——2000
Ref & gen ser F (int at 1% to
Sep 1 1946) due—
1996
A Conv due
1—-Feb 11960
1st mtge
«
-
;
A-O
A-O
56
J-D
:
I.-;:/
31%
62%
65%
54%
,
112
139
24%
39%
28
1
•
44%
25%
25%
27%
121
24%
39%
26
25%
27%
149
24%
39
,20%.
22%
18%
42%
45
54%
F-A
21
:
:35%
1951
J-J
;
37
72
34%
48%
43
44
15
43
53%
*99% 100
.
J-J
i
57%
58
13
57%
15
48
series B-——1948
1st & ref 5s series C
1960
Belvidere Del cons 3'As-—-——-1943
Beneficial Indus Loan 2'As
1950
2%s debentures—
,——1956
Beth Steel 3'As conv debs—
1952
Consol mtge 3'As series F
—1959
Consol mtge 3s series G——-1960
Consol mtge 3'As series H——1965
J-J
104%
A-O
129%
A-O
^ 32
f.- \
85
-i
'•
'
16
99% 100%
"7
98%
98%
19
104% 104%
83%
"II
A-O
"
98%
A-O
v.:
104%
J-J
21
V'ii*104% 104%
100%.;; 100% 100%
F-A
■~r*&
103%
98
1st
stpd
—.,1927
5s
Big Sandy 1st mtge
J-D
4s—————1944
*103% 104
3'As——I—1950
C--—-—1967
1st M 5s series II—————1955
F-A
76
gold 43As series JJ—1—1961
A-O
1st
M-N
/:
,.1951
3'As
ACertificates of deposit
Chicago Union Station—
>
1st mtge 3%s series E—
1st mtge 3 %s .series F
Chic & West Indiana com 4s
1st & ref 4%s series D
105
73
39%
39%
F-A
.
109
.
109
\
i:$ 3;
-
104% 104%
"M-N
1st lien & ref 6s series A——1947
gold 5s——-^—--—--1950
•.,
lst> lien & ref 5s series B_—1957
"*104% 105
81%
J-D
.
81%
Buffalo Gen Elec 4(As B_———1981
98%
:
M-N
F-A
.
82%
■
98%
115
>
I;/;.51,
,
■
*'V'
43%
27'A
109%
Childs Co deb 5s
Debenture
1963
;—1963
1
1st
115
113
.
115
*
Stamped < modified
(interest at 3% to 1946), due——-——1957
/ ;
JBurlington Cedar Rap & Nor—
8 A 1st & coll 5s_:
;
1934
—
I
r
1952
—
-
,..1955
Bush Term Bldgs 5s gtd-——-—I960
33%
:
11%
I
lO'/s-
107/s
:
A-O
ACertificates of deposit————
Bush Terminal 1st 4s——Consolidated 5s—i_
32
•
,
A-O
J-J
-
60%
80
A-O
60%
60%
■
■
80
12
,5%
23
.
,; 21
53,
4
70
Coll trust 4%s_,
.
-
1946
J. J
—
79%
—
J-J
^
A-O
—
,79%
.111% 112
.
85
104/ 109%
104% 108%
107% 1121/8
8
.1943
——.1993
B,-—1993
4si—,.1990
,1970
Pittsburgh RR—
108
112
105
110%
;
V
3%s
3'As gtd——
D
gtd
.——1950
_—_1977
'General/4 %s series A
Gen
...1981
ref 4%s series B
6
103% 108
111% 111%
3
108% 111%
J-J
70%
US
99%
99% 100
J-J
93
93
Collateral
trust
i960
J-J
88%
88%
105% 105%
94
.88%
25
62
19
11
72 %
89% 100
5
32
103
.
*
81%
77
105%
95%
90
94
105%
104
102% 104
*127% 130
102 (.V,'.
130%
126
102%
35
100% 104
103% 103%
13
100% 104'A
102
F-A
J-J
*106
,
J-J
*118% 119%
J-J
*114
A-O
15%
117% 121%
114
15
23'A
92%
94%
93
93
96%
,
97
1,336,
114%
13
25
85
94%
10
81%
36
90
93 'A
97%
?
J-J
92%
J-J
97
,
72
.
97%
.*93%
88
94%
M-S
80
80
80%
62
73%
83*%
F-A
63
62"%
65'A
u
62%
72%
F-A
73
73
74%
48
71
80
J-J
30%
30%
32%
50
21'A
34%
.
M-N
*118 /;'■;
„■
'
•
■;/■
J-J
65%
65%
65%
J-J
38
38
38%
;
J-J
33
33
33
J-J
31
31
32%
22
J-J
29
29
29%
116% 123
61% 68%
26
6%
67/e
:
.;.'
41
J-J
J-J
43
40%
■
11
56%
70
33%
51%
17
>:•
39%
40%
:
42
38%
41
6%
7
43
41%
J-J
J-J
34
6%
85
■:
40
40%
J-J
36
26'A
22
.
66'/a
-
38
28
26
7'A
66
45
30%
30
7
J-J
33
3
.
M-N
J-J
77
43
.
10%
,
32%
48'%
•132
34
53
■->
75
34
53%
,
24
34'A
53
19
:
'
■
17 Va
A-O
16%
18%
780
8%
3%
4%
539
1%
5'%
;
29%
30%
.21
20%
34%
30%'
F-A
30%
.
3%
.
.
30
M-N
M-N
32%
M-N
M-N
22
■'
32
32
M-N
22 %
31%
31%
'"5/
32%
32
30%
33%
31%
34
23
7:
■
35"
25
32
M-N
M-N
32%
"
33
32
35
22%
35%
23
58
36'%
31%
31%
10
22%
M-N
39%
39%
41
13
26
42%
J-D
21
20%
22
47
26%
J-D
20%
20%
21%
75 ■:
14%
13%
20%
21'A,
56
14%
25%
197
l'A
M-N
J-D
-
35
25%
"
2%
M-N
C- 50
50
F-A
3%
12:,^
52%
,4%
40
59%
J-D
30%
.
18%
347/a
29%
J-D
y
273
10%
21'%
:
156
3%
54
/
55
.
64
67
48%
•
50%
1%
.
68
-
-
5%
80
:;;:2:";,
17. :
19.
47
56%
59
.
■
101
100% 101
;^;.'■* V
96%
96%
97%
45
39%
26%
;
96%
96%
22
28
-'
68
45%
54
43%
:>,/
107 % 108
.
34
18
*'41%
J-J
/
vi;: 13
71%
108
J -J/>b
273
67"-
48%
J-J
M-S
19%
20'A
3%
;i-l I*
164
.
9%
'
•
J-D
J-D
M-S
655
71
-:
'"1"'
3
18%
18%
3%
71:
?
31%
17%
;
17%
19"'':-
32%
29
,
45
105% 108%
:,
«
99% 102%
35
92%
97%
12
94'%
99%
48%
71
36
50
40%
16
38%
27%
8
49%
30%
109%
5
i
A-O
26%
109
17
106% 109%
111% 111%
1
M-N
109% 109%
2
108% 110%
F-A
111% 111%
1
110
J-J
*99%
109% 111%
J-D
,.f_.
71,
;
,
.
78-
»
J-J
M-N
46'A
.J-J
46'A
2
66'A
85
108
*105
J-J
83%
84
33
63%
71%
60%
31
58%
66%
100% 100%
""l
83%
3
6
32
1st s f 5s series: B gtd——1973
1st s f 4%s series C—_—_—1977
A-O
65'A
65
67%
A-O
58%
58%
Columbia G & E deb 5s—
Debenture
5s
Apr 15 1952
1961
gold 4s__ 1948
Income
deb
1970
1955
Columbus & Tor 1st extl 4s!
M-N
.
22%
22%
Apr 11969
23%.
*21%
m-n'
A-O
J-J
■\ 90%
.
92
3
89
57
1st mtge 3'As
series I—
3%s
1968
—,.1958
54%
89
15
28
24
84% 102
85
.102
78% 101%
109
3
109
106
109%
'
53
55
97
21
55
110% 110%
J-D
J-J
79%
*111%
Commonwealth Edison Co—
Conv, debs
60
113
108% 103%
109'%
F-A
May
92
*109
A-O
"M-S
90%
88%
%
108%
,
100% 103%
23%
53
24
91%
91%
> 88
Mackay Corp—
WrW,
83%
83%
.
103% 103%
*103%
J-D
;F-A
—
May 1952
Debenture 5s——:
A Commercial
1980
108
63%
75%
73%-
7-7%.
deposit——
105
105
'*105% 107%.
108
105
*106
F-A '
72%
of
74%
*105
M-N;
.F-A
A-O
52%
64
76%
—1945
f 5s:
—.1943
.1—_—1970
86
53%
44
104% 108%
72%
ACertificates
76
42%
106% 106%
;
,
71
46
;
..
47%
*63
45%
,
85%
44%
J-D
J-J
,76'%
A Colo & South 4 %s series A..
99%
65
71
A-O
Cole Fuel & Iroa gen s
,5s income mtge
112
99
.A-O
Columbus & Sou Ohio El 3%$:
107 7/» 108
70%
95'A
80%
1
104
Cleve Short Line. 1st gtd. 4'As
.1961
Cleve Union Term gtd 5'As——1972
Columbus & H V 1st extl
108
iii%
70%
58%
78
us
'
.—1948
Series C
103% 109%
J-J
J-D
108%
78
US
1944
1.932.
7
1
1954
page
:
15
gold 5s__a——
see
11:
16
110% 110%
Coll trust
For footnotes
112
:
83%
75
;
General; gold 4s.
Series
63 %
/ 81%
106
K
,.5."
108% 108%
v-
F-A
5s equipment trust ctfs.
4 Vis
■frf-
79%.
108% 109%
107% 107%
112
F-A
J-D
*108%
68
62
41
93%
104
111%
Coal River Ry 1st gtd 4s—
A-O
A-O
US
J-D
.
,
California-Oregon Power 4s—--^-1966
Canada Southern cons gtd 5s A—-1962
Canadian National gold 4 % S———1957
Guaranteed gold 5s
-July 1969
Guaranteed gold 5s__
—Oct 1969
Guaranteed gold 5s_,
———1970
Guaranteed gold 4%s
*
1955
Guaranteed gold 4'As—
1956
Guaranteed gold 4%s,.———1951
Canadian Northern Ry deb 6'As—1946
Can Pac Ry 4% deb stk perpetual
19%
14
109%
,
49
90%
92%
109%
—.—,—1967
mtge 3'As—
Cleveland &
13
83%
.
*85
92%
F-A
Cleveland. Elec Ilium 3s
5%12%
78
35
1966
Ref Si impt 4'As series E„
1977
:: Cin Wab Si M Div 1st 4s———1991
41%
32
.
./r "4:;
.;./.' 80%: 81
.
91
63
73%
A-O
St L Div 1st coli tr gold*
; 32Vk:
11%
M-N
107
54%
M-N
General 5s series
i
Z
110% 110%
;
83
1952
Clearfield. & Mahoning Ry 5s
88% 105
J-D
6
73%
———.1957
Cleve Cin Chic & St Louis Ry—
'
Niag Elec 3'As series C—1967.
Buffalo Rochester & Pgh Ry—
■
Buffalo
.—1943
-
5sj__
•
88%
72%
1952
1962
Cin Union, Term, 1st gtd 3%s D—1971
1st mtge gtd 3%s series E—1969
98% 108
.
109%
52%
;A-: / ./
t A Choctaw Ok & Gulf cons 5s
Cincinnati- Gas & Elec 3%s_,
100% 106
^1,;'
.
109
:
100% 100%
*100%
•
M-N
76
107
-///':■; 5
.
75%
29%
14
240
109
f
"1.
,
'
92
66%
.
.
-:rt ./v,'/10
72
39% '
24% -24%;',-
M-N
'
——1950
Bklyn Union Gas 1st cons gold 5s_l945
Bklyn Union El 1st gold 5s
8&%
.
79
74
''
75%
74
:
,
20
13%
81%
M-N
Memphis Div 1st gold 4s_—— —1951
103%
loi v 102%
5
—
*70
V
F-A
Air L 1st 4s—-1955
Bklyn Edison cons M 3'As_———1966
1
72
M-N
* A Boston & N Y
Debenture
*92%
J-J
1st mtge 4s series RR_——1960
AInc mtge 4'As ser A—
July 1970
76
22
14
19
52%
M-S
Gold
103
''
*102%
'US
Blaw Knox 1st mtge
Boston & Maine 1st 5s A
75
13%
12%
81%
M-S
-.1952
•
•
109
M-N
1997
(conv)
Chic T H & Southeastern 1st 5s, —I960
Income guaranteed 5s
Dec 11960
98% 102
62%
.
17%
'
series A—,—1971
98%
101
1
*16%
F-A
A Conv gold 4'As
i— —1960
Chicago St L & New Orleans 5s, —1951
102% 105%
15
33
A-O
1977
102% 105%
103% 103%
16%
A-O
100 %
96%
15%.
....
§ A Secured 4'As series A
J-J
J-D
41
t A Chic R I & Pac Ry gen 4s— —1988
ACertificates of deposit—
II1934
§ ARefunding gold 4s
104% 108%
127% 130%
19
129% 129%
60%
48
72'/a
•
104% 104%
•
61
49
45
*44
J-D
5s
mtge inc
tiAChicago Railways
25 % part paid
95% 100
57%
'
—
•57%
Battle Creek Si Sturgis 1st gtd 3s__ 1989
Beech Creek extl 1st gold 3'As—1951
Bell Telep of Pa 5s
105
35%
J-J
stamped—...———.—-1951
248
7
48
13
18%
F-A
'
1949
—
/.I:-46% : 11:46:
M-N
J-J
—
30..
132
:
27%
52%
M-S' •/;
5s—1943
,4s
56%
26%
30%
J-J
,•
/55%
•
121
M-S
gold 4s extended to-—1951
S'west Div 1st M (int at 3%%
to Jan 1 1947) due——r—1950
Toledo Cin D1V ref 4» A
—1959
Con ref 4s—
57%
:
Ref
■
•
* 26%;
J-D
Pgh L E & W Va System—
Bangor & Aroostock RR 1st
54
55%
.
20%
110% 112%
72%
a"-o
Chicago & Erie 1st gold 5s
1982
Chicago Gt West 1st 4s series A—,1988
A Gen inc mtge 4'As
2038
| A Chic Ind & Louisville ref 6s A—1947
ARefunding gold 5s series B—1947
A Refunding 4s series C__——.1947
1 A 1st & gen 5s series A_.__
..1966
A 1st & gen 6s series B
May 1966
Chicago Ind & Sou 50-year 4s
.1956
fChicago Milwaukee & St Paul—
A Gen 4s series A
May 11989
A Gen gold 3'As series B._May 11989
A Gen 4'As series C__
May 11989
A Gen, 4 % s series E_.._,_May 11989
A Gen 4%s series F———May 11989
fChlc Milw St Paul & Pac RR
■; AMtge gold 5s series A.—
.,1975
A Conv adjustment 5s,_.__Jan 12000
^Chicago & North Western Ry—
AGeneral gold 3'As
^
—1987
3%s registered——i——1987
\ ."AGeneral, 4s_-—-_^..—^-—-.--—11987;:
"
4s registered——_——,—1987
AStpd 4s n p Fed inc tax—1987
:
AGen. 4%s stpd Fed inc tax—.,1987
A Gen 5s stpd Fed inc tax
—1987
A4'As stamped...
.—1987
f A Secured 6%s
1
1936
A 1st & ref gold 5s
May 1 2037
A 1st & ref 4 'As stpd
May 1 2037
A 1st & ref 4'As C
-May 12037
A Conv 4 % s series A——;—..1949
94% 10211
■
11
9
'
1949
4s
4s registered,.—
A Gen
104%
.57%
"■
5
Division
1st & ref
•V-':/ 74 ■' ;• 87%
63
17%
28
Chicago & Eastern 111 RR—
110
100% 103%
10
103%
83%
:
,62%,
,
M-N
109
8%
15%
17%
M-N
1st & ref 4%s series B
109% 112%
■
2
•102% 103%
'.*•'
M-S
105%
110% 112%
12
3
23
71
V
8%
3
*15
1949
:General 4s—„/..1958
-
97% 101%
;V
.W<w'
.
110
110
14
*110%
us
3'As. registered—1949
105
"1
21
6%
17%
...1992
Illinois
;
101
1
-5
■
24%
143
6'/a
17%
J-J
R & A Div 1st cons gold 4s.™,1989
2d consol gold 4s._.-..
....1989
A Chicago & Alton RR ref 3s
™1949
Chicago Burlington & Quincy RR—
95
96
10%
23%
71
Ref & impt mtge 3%s D
...1996
Ref St impt M: 3 % s series Ei—-i. 1996
Potts Creek Br 1st 4s..,
,1946
Illinois division 3 'As—
101
113
112% 112
J-J
__—_1944
July 1952
General unified 4'As A——
1964
10-year coll tr 5s
—May 11945
L & N coll gold 4s
Oct 1952
Atlantic & Danville Ry 1st 4s
—1948
Second mortgage 4s
—1948
Atl Gulf St W I SS coll tr Ss—1959
1st cons 4s
88'A
87%
■
27
101,% 101%
*,
J-J
1st 30-year 5s series B
Atlantic Refining deb 3s—
.vv-.'A"
J-J
Atl & Chart A L 1st 4%s A—....1944
'
'
\
104% 104%
Conv gold 4s of 1910——1960
Trans-Con Short L 1st 4s_——1958
Atlantic Coast
93
76
J-J
=
,
,,106% 112
*104% 105
/
J-D
——
93
92%
-,k
M-N
J-D
65
110% 111%
1
36
45%
J-J
,
Topeka Si Santa Fe—
Z' General 4s
23
6
A-O
93'A 100
45
6%
*22%
55
Chesapeake Si Ohio Ry—
54%
60%
95%
1
97% 100%
5
69
22%
:
J-J
Guaranteed
103% 106%
100% 100%
96
M-S
1st sink fund 4s series C
Atchison
93
*105% 106%
Am Type Founders conv deb—'-—1950
Am Wat Wke & Elec 6s series A—-1975
Through Short L 1st gtd 4s.,...1954
gold 5s-.____.
.I960
101% 1041/4
7
23
j
49%
28
33%
66
J-D
Champion Paper & Fibre—
S f deb 4%s (1935 issue).......1950
S I deb 4%s (1938 issue)..—
1950
A-O
3%s
M-N
IA Central RR & Bank'g of Ga 5s._1942
Certain-teed Prod 5'As A._
1948
107% 108%
J-D
debentures--———^—1961
Amer Tobacco Co
75%
107%
J-J
Corp conv 5%s—1949
American Telephone & Telegraph Co.—
,
59%
34
'
99% 103
~2'
98%
*29
66%
High
47
60%
106% 108%
'
48
97%
F-A
Central N Y Power 3%s__.
.,1962
Central Pacific 1st ref gtd gold 4S.1949
102% 103%
100% 101
74%
98
J-D
4s-™.......__.„.,._1987
registered„i...i.i.._,..._..l987
A-O
Am Internat
3%s
83
J-D
15%
7314
72%
48
100% 100%
registered.,,..
102'A
January 1
Low
17
*102% 103
J-J
-„,.„,,1945
MS
;.1949
108% 108%
F-A
_Nov 1945
M-N
Foreign Pow. deb 5s———2030
Amer I G Chem conv 5%s.
108%
M-N
A General
Allis-Chalmers Mfg conv 4s——1952
Allied Stores Corp 4%s debs
US
A-O
4s
Range Since
Sold
No.
High
61
A-O
5s
Bonds
-
Central Illinois Light 3%s.._!
1966
f ACent New Eng 1st gtd 4s™*,,1961
t A Central of N J gen gold 5s
,,1987
76%
51
-
Friday'su
or
Sale Price Bid & Asked
J-J
gen 5 % s series B,_„___i959
Ref Si gen 5s series C—
,,1959
AChatt Div pur money gold 4s—1951
A Mobile Div 1st
gold 5s
1946
92%
F-A
1949
A Ref &
94%
92%
Week's Range
Last
Period
a
94%
J-D
Friday
Interest^
,,.1965
mtge 5s—
§ A Consol gold 5s,i—
*
94%
A-O
.
A 1st
63
-1950
luy. — ——
'
•-1
Corp 3%s debs____,__,__l962
Celotex Corp deb 4'As w Wa„„.1947A Cent Branch U P 1st
gord 4s,„,1948
tCentral of Georgia Ry—
63 >
*60
A-O
modified—1949
5smodified
107
A-O
Albany & Susquehanna RR 3%s—:,1946
3%s, registered.,..—.,._.™......1946
Alleghany Corp—
5s modified—A.
.—.—1944
5s
'
Stock Exchange
Week Ended Nov. 27
Celanese
106%
A-O
mtge
warrants
''i.
..
.
Carriers & Gen Corp 5s w W-„.i_1950
Cart
Adir 1st gtd gold 4s-^„,,,1981.
104% 104%
103
103%
104% 107
A-O
3%s:.—:1972
Albany Perfor Wrap Pap 6s
—.1948
6s
72%
98% 101%
103'A 103'A
10-year deb 4%s stamped._._.„_1946
southern 1st cons A 5s__.-1943
1st
New York
Low
44% 62%
100'A 101%
:
;
*101
J-D
Ala Gt
Power
'
Carolina Clinch & Ohio 4s__
Coll trust 4s of 1907——-.......1947
Alabama
<
tSACarolina Central 1st gtd 4s,
JAbJtibi Power & Paper-— ,
§ a5s series A- unstamped™____1953
AStamped i-.
..a—,—1.1953
Adams Express coll tr gold 4s-..__1948
4s series B....,
1
.
Railroad and Industrial Companies
cons
'
BONDS
Bonds
15
108% 111%
108 % 108%
48
106
109%
THE COMMERCIAL & FINANCIAL CHRONICLE
1930
Monday, November 30, 1942
NEW YORK BOND RECORD
Friday
BONDS
"New York Stock Exchange
Period
Last
Interest
Week Ended Nov. 27
Week's Range
or Friday's
Sale Price Bid & Asked
Low
-1943
—1951
Conn River Power s f 3%s A
—1951'.
1^61
Riv 1st 4s_.
1st Si ref 41/2S
Stamped gtd 4 Vis
Si Pasump
High
January 1
Low
NO.
109 %
3 Vis
debentures—
3 Vis
debentures
3 Vis
debentures
Consolidated Oil conv
104%
104% 104%
106 V4.106%
2
103
J-J
107% 107%
Gold 3 Vis
105 Va 108
19
103% 104 Va
104
J-D
,
'40
101% 105 Va
188
*81
J-J
*57
1951
J
1—
High
59
Va
49
71
83
57
60
68 Va
53
59
42 y2
40
46 Vi
39%
49%
"2
45
45
J-J
38
.
57%
*41
F-A
'48%
85
57 y8
J-J
■'
gold 3s——1951
.
43
54
gg
79
79
64%
64%
56
43 y4
48%
164
,40%
52%
40
43%
141
.,37%
47 %
80
80 V*
14
66%
82%
19%
27 Va
—.19.51
J-J
*45%
49Vi
1951
J-J
ip
Springfield Div ;lst gold 3%s
;;
43%
40%
J-D
Sti Louis Div. & Term
A-O
3.04
40%
F-A
Ljtchfield Div, 1st gold 3s—L
102% 104%
61
56
_1950
106%
40:
Low
No*
High
51 Vi
53
106%
102% 103
Range Since
January 1
•
Sold
53
M-N
Lcmisville Div'& Term, gold 3l/aS-1953
Omaha Div 1st." gold, ,3s—19.51
102%
Bonds
■
>
40-year, 4%s
Cairo Bridge gold 4s
:
.
Last
Sale Price Bid & Asked
1966
108 V4 110
108% 111
A-O
A-O
Interest
,
1955
5
111
,
'
RR—(Continued)
3
109% 109%
111
F-A
•
Period
Refundil.g, 5s/J
J-J
1948
-—1948
1956
;—:
1958
deb 3VaS-™1951
,
Low
.Illinois Central
'
debentures——:
Exchange
Week Ended Nov, 37
High
J-J
Consolidated Edison of New York—
3 !4s
...
„
Week's Range
or Friday's
Friday
New York Stock
Range Since
Sold
A-O
Conn Ry & L
Conn
BONDS
Bonds
^
*
4s—-1954
ADebenture
33
J- J
*__
*__
■
A Debenture
1956
4s_
"
"
J—1960
Consolidation Coal s f 5s,.
J-J
95 Va
97
.
28
98
Western .Llnes/lst gold 4s_———1951
111 Cent and Chic St L & N, O—
37%
M-N
mtge 3 Vis
mtge 3Vis__
—
109
109%
110 V4 IIOV4
2
M-N
A-O
100 % 101
;
1955
J-D
95
94%
1942
J-D
33 %
33 y4
34
32 Vs
31%
receipts-
ADeposit
Vis
—>-■
——
receiptsA7%s series A extended to.
ADeposit
B
ADeposit
103%
99% 101 y2
90%
23%
87
32%
40 y4
37%
J-D
30
48
28
•47
24%
27%.
1944
A-O
1947'
J-J
V4
M-S
V4
Int Rys Cent- Amer 1st 5s. B;
1972
99% 104
11%
65
27%
,24%,
1955
33
38
23 %
33%
86 Va
'25
95%
Internat Hydro/ El deb 6s———
Internat Paper. 5s-series A Si B
5%
24%
5
J-J
Ref sink-fund'6s series A
30%
.
gold • 5s series C-.'—.„1w-h*1956 '
Alst
26
243/4
-
99% 102 y4
..
181
28%'
27
J-J
,
102% 105%
2
11
103 y4 103%
A-O
-1956
8
104% 105
101%" 102
,
.
29%
1%
6»/a
11
28
11%
.52
28
21%
39
36% "37'
.
116'.
102% 103 y4
54
102 Vi 105
104% 105V4
36%
102%,
14;
104% 105%
•
'
23 V4
95 y3
33
94%
%
Alst 5s series" B—
J-J
A Adjustment/6s' series ,A—July 1952
]
33%
40%
38
38%
94%
A-O
;
35%
28
.
25
*30 Va "33
—
,
4s————1947;
66
108 Yb 108 y8
*108%
M-S
t Alnter-Grieat Nor 1st 6s series A-1952
98
26
*36%
k
Publishing "Co 3s deb_i——1955
Curtis
101%
*"30%
1946
extended to-.—1946
receipts
,104%
A-O
38
*36V2
J-D
receipts
ADeposit
A6s series
:
33
34
v
A-O
A-O
<
—1986 1
23
,*__
Interiake Iron conv. deb
109
109%
34
,39%
J-J
gold-—————1952
ACUba RR 1st 5s
,
\ J-J
Inland Steel 1st mtge 3s series F—1961
Inspiration/Cons Copper 4s—-U—1952
106
3
,
40
-
J-J
108% 111%
107 %
10
95
§ACuba Northern Ry 1st ;5
J-D
Ind .Union Ry 3y2s series B_,
10
Crucible Steel 3 Vis s f debs__
1963
IndTll Si Iowa 1st; gold 4s_._—-1950
t AInd~& Louisville 1st gtd 4s—
1956
IIOV4
5
109 V* 109 y4
43%
1st & ref 4 Yjs series C——
1
107% 107%
M-N
J-D
108% 110%
63
110% iiiy4
110%
M -N
,
—1963
98
107
10
M-N
,—1965
—1967
1st mtge '3 Vis
a
1970
1st mtge 3V4s_—
—1966
1st mtge 3 Vis——
—-1969Crane Co 2'As s f debs———
1950
1st
ref 5s" series A_i
Joint 1st
Consumers Power Co—'•
1st
F-A
37
80
36
4s_—
4
38
23%
36
J-J
23%
26
33
1955
lAConsol Ry non-conv deb
J.J
1st
ref, 6.Vis-—;—-——1947
int Telep 81 Teleg deb gold '4%s—1952
Debentures- 5sY__:_
—1955
JAIowa Cent Ry. 1st '& ref 4s
1951
105%
M-N
.
lien z&
J-J
■
85
96
64%
93
60%
256
36%
60%
63
,
M-S
90 Vi
59
60 */4
F-A
.
-1"
90%
90%
90%
■
F-A-
..
,
64%
162
38%
64%
1%
8
Vi
2%
1%
•
31
90'/a 101
D
mortgage 4 Vis—.
1st
.J-J
4s—1936;
1936
tJADenv & R G W gen 5s—Aug 1955
(subject to plant
impt 5s series B—^Apr 1978
A Assented
ARef &
lames Frank!
51%
61%
J-D
Jones
101V4 101%
J-J
104% 106 Va
*108'
104
,
Gen & ret
&
.—1970
Detroit & Mackinac 1st lien
'••10%
22%
Kanawha Si Mich 1st
gtdigold 4s__1990
A-O
20 Vk
20 V*
21
10 Va
24%
1 § AK. C Ft *S &,M. Ry ref gold 4S-1936
A-O
3%
3%
10
1 V'2
5
2Vi
2%
41
1V4
3%
16%
17%
61
11V4
19%
5%
20%1
F-A
~2%
F-A
■
A-O
J-J
;
5%
*
M-S
6V4
26
3%
7
78 Va
89
■
ACertificates
Kansas
Ref
38
J-D
&
/
Plain.
•
4Vis
2
%
;
24%
5
86 Vi
8
3
102
7
106% 108 %
25
Duquesne Light 1st M 3 Vis——1985
Minn Nor Div 1st 4s
-1948
East Tenn Va Si Ga Div 1st 5s/—_1956
A-O
17%
80 y8
62%
67
56%
65
69
71
27
109
36
*44
j-j
44%
74
.
110%
40%
85 Vi
85%
85 Vi
65%
108
110 Vi 111%
43'/a
86
80
——1961
j-j
*94
90
95
j-j
*82
83
84
*169
168
170
25
101
106%
-————-1954
j-j
95%
1st
;
103%
15 Va
'
23
110% 111Yn
-110%
;
67
*110% 111%
j-j
•
69%
37%
—
A-O
108 Vs niy8
*21%
J-J
-_^___Apr 1950
Term: 1st As—
<0
.2
unguaranteed.,
—„1961
Kings County E1L & P. 6s————1997
Kings Co Lighting 1st 5s—1954
40
32
City
48-
108
69
109
101% 106%
23
107 Yb 107 V4
A-O
J-J
5s—
j-j
24 V4
M-S
impt
j-j
f.
57
55
61%
61%
109% 112
S
38
A-O
City Southern Ry 1st 3s___1950
j-j
85 y4
86 Va
M-N
■
5s—1937
fSADul Sou Shore & Atl gold
88
82
54
54%
—.I960
102% 102%
J-D
^.—1995.
4Vis__—-1961
Dow Chemical deb 2Vis_————1950
Dul Miss & Iron Range Ry 3Vis—1962
53%
,97%
88
*84%
54
deposit_L__j——
108% 112.%
17
-112Vi¬
104 V8 104%"
104%
J-D
.
■
lli % HlVa
of-
Kentucky Central gold 4s—
1987
Kentucky & Ind Term 4VaS——
1961
Stamped:———4—..1961
10
89%
;
112
112
M-S
■
Tenn & Tunnel
89'/a
89%
; A-O
.
gold 4s 1995
ASecond gold 4s,
Detroit
43
93
'
J-J
.
-
G—-1966
mtge 3Vis series
ref 3s series H
.
95
K
108 Va
268
Kansas
Gen
48'
96
47%
95
21%
19%
19%
J-J
—
1 ADes M & Ft Dodge 4s ctfs,
,-1935
t ADes Plains Val 1st gtd 4 Vis—-1947
Detroit Edison 4s series F—1—-—1963
& Clear. 1st;' 4s„—1959
..Laughlin; Steel. 3 %s———1961
&
106 Va 108 %
2
*101
J-J
t§ADen & R G 1st cons gold
$ A Con sol gold 4 Vis——
103% 106%
124
57%.
108% 108 V4
108%
J-J
1969
:
54%
,55
M-N
.
25-,
^101%
J-D
.
•
105% 106 Vi
-J-J
Dayton P & L 1st mtge 3s——1970
Dayton Union Ry• 3V4s series B—1965
Delaware & Hudson 1st &• ref 4s_—1943
Delaware Power<& Light 1st 4%s-_1971
1st &-ref 4Vis—-1
——1969
ref
&
6y2s^.—
j-j
*104%
105% 105%
m-s
Koppers Co 1st mtge 3V/aS—.U...—1961
Kresge Foundation 3%■. notes—-a-1950
m-s
JAKreuger Si Toll- 5s ctfs—..i
,
31
m-s
^^-1959,
104 Vi 106%
106
106%
103 »/4 107
106'%
102
98
*101% 102
%
*1%
1%
E
East Ry
Ed El 111
1965
stamped
-
.
—1965
—
149
155./
103
66
66
58%
*—
64
56 Va
62
.F-A
.—I960
'F-A
■
.
89
mtge 3 Vis——1971:
•
88%
90
"
85
86%
51%'
54%
165
45%
58
*106%
"M-N
*96%
M-S
.
106
—
Fairbanks Morse deb 4s—
95
—
JFlonda East Coast 1st 4%s
98%
98%
,
J-J
of
deposit--
107%
35
18
99
58-
57%
168
.8%
7%
5s
20 Va
25
19%
4%-
*3%
J-D
*102%
M-N
38
v
4
2V4
General 5 Vis series
1 Va
82%
*
stamped._i.__—
'5s
'B_——
99
:99%
85%
V4 100
J-D
106
f
M-S
•
150
94
100
6
<
14
21%
20
32 %
30%
5
105% 106
-
*96
32
98
J-D
108 % 108
J-J
•
93Va 106
80
.
Yi
8
101 v2 1021/4.
.
J-J
96
13
70
14
6t
79y«
1965
A-O
93%
93%
12
91%
96%
—.1945
,
m-s
83%
83%
14
67%
83%
44
98% 105
921/2
18
88
97%
841/4
13
79%,
89
J
-i
831/4
32
79
87%
99V4
156
•'.
93 Va
99%
99
,90
92V«
99%
Gen
J-J
69 Yi
79 %
Lorillard, (P)' Co ;deb 7s———
V 5s -debenture_/-I //—;_ _//-•_ _/_
Louisiana Si Ark lst 5s series - Ai
Louisville ,<>as &'Elec- 3!/2S—
Gulf Mob & Nor 1st SV'is B———1950
1st mtge 5s series C
—;
1950
A-O
,-1975
J-J
:
75V4
871/4
'57»A
\.7s:
92.
86
701% -70%,
52%
.81
65
9% ^■9%
91,
86 Va
-J-J
-2015
Gulf & Ship Island RR—
1st & ref Term M 5s
stpd—
741/4
*60 Va
~9%
A-O
.
Gulf Mobile & Ohio 4s series B.
AGen mtge inc 5s ceries A-
-74V4
;
52%.
•
53 Va
7
.
10
»19
19
7V
2
89%
86
65
/'
11V4
92%
Lou /fc,
66%
74%
46
J-J
1952
f 4 Vis
1961
Gulf States Util 3 Vis series D_
*92
59
-A-O
102%
M-N
1969
92%
102 »/4 1021/4
'111
.
101
.411i/2
Jeff
a
Bridge^Co" gtd'4s^*-_
.1951
;
^
.1965
1999
A-O
.1949
1944
(R) Co 1st mtge
A-O
Jlf AHousatonic Ry cons gold 5S—1937
125 V a 125%
*102% 104%
1*- —
'M-N
1954
J-D
1949
'•M-N
Hudson & Manhattan 1st 5s A
1957
.F-A
Feb 1957
A-O
76 Va
M-N
1962
1st
76%
103% 103%
40
40
5
3
42%
28
*1191/4.
44%.
46 y2
81
17V
16%
18 V4
85
1st
Extended
1st
1981
J-J
J-J
*93
1st
101%
101 Vs 101%
30
;
Collateral trust gold 4s
Refunding 4s
For footnotes
see
page
1951
J-J
*86%
A-O
•M-S
*35%
.1945
•
96%
,92
99
91%
%
99
110% 115
119V4 122%
23
75
84%
T08Vi 110%
109% 110%
104Vil06"
*104% 105%
1
104
il-O
2003
/
._wl955
..;
A-O
*86
83%
83 Vi
A-O
j-j
■.
4
94
94 >.i
A-O
'
.—2003
98 Va 103%
2
104
95
•'
83 Va
,'•--
"
'
''
13'.
98
4"
10
93%
80%
86%
101
105
104
108%
104
106%;
80
84 /
*106% 108%
107
107;
-
'
-
*
'
93
j-j
-
90%
82%
*__
-
m-s
"
•
*104% 105 :/
m-s
104%
: 99
84
87-
108% 108%
j-j
14
r
103 Vi 103 Va
;i03Vi
,
.F-A
m-n
61V4
-93
,
■
-4-
94
33
*110% —
86
;'
35 Vs
4108 % 111%.-
36 Vt
48%
8%
21%
•
M
45%
1945
J-D
83 Vi
•Gen mtge 4Vas series A—:
ii_1960
Llanati Sugar 4S' Sink fund—Feb 11957
J-D
46
Maine Central RR 4s series A
85%
83
83%
79
45
46J/a
45
55%
43%
53%
/' 49% ;5i;
;m-n
Lt S f 5s——1953
m-s
*30
^—1959
m-n
*15
j-j
*24%
*
99% 102%'
western 1st
.
A-O*
.48 V4.
48 V4
Steapi Shovel s f 6s
1947
93
86%
86%
§ A Market St Ry 7s serieS A__ Apr 1940
(Stamped mod), ext 5s__
1945
McCrory Stores deb,3%:i955
42 Ya
55%
McKesson, &
Metrop Edlst-4y2S series D—
1960
Merop Wat. Sew & Drain15 Vis
1950tSAMet W Side EI (Chic) 4s——1938
51V8
24
110
39%
49%
6
38%
46%'
98
39%
507/a
M-N
45
4334
48%
J-J
41%
41%
42
M-N
45
44 Va
48%
1955
—T941
gtd..3yas—
Stamped
/
Robbins
*—
17
3y2s_——.-1956
A-O
30%
_*
42
102
A-O
102
102
5
98
102%
102
102
11
97
102
103
105%
104
1077/a
Q-A
Q-A
A-O
88%
68Vi
89 Vi
*104% 105 Va
j-j
107% 107%
9
'■m-s
111% 112%
15'
A-O
F-A
*71 Vi
*6
75
10
.
94
*
102% 104%
65
1952
*
M-s
m-s-
86
90
1953
1932.
6
13.'
79 Yi
75
,75
J-j
.1966
84
*86%
1951
1952
Purchased lines 3'is—
Collateral trust gold 4s
99 V4
*120% 121 %
90
-
19?1
-
gold 3Vis:.
102% 105
7:
110 Vi 110%
F-A
122% 127%
Marion.
gold 3s sterling
99
m-s
A-O
.1969-
121% 123%.
>105%. 105 Vi
t§AManitowoc Green Bay & North-
-———1951
—
.18
99%
.1951
Montg 1st- gold 4 !/as—. —1945
South Ry joint mo.nou 4s—— —1952
118y« 120%
45
Central RR—
gold 4s—
gold 3 Vis
106 %
110% 115
91%
99.
.1944
:__1960
B. ext_„—
Manila RR (South Lines)'4s
Illinois
104
-i/'."1
.1949
.-1.1950
Unif, mtge 3%s 'aeries A -ext,—
A Manila Elec RR &
Illinois Bell Telep 2%s series A
117%
"4
.
*97%:
99
61
/ X'1
117%
*104% 105'/a
•
46
.,32
/ 51%
'
Houston Oil 4%s debs—
•
Hudson Coal 1st s f 5s series A
Hudson Co Gas 1st gold 5s-
AAdj income 5s
12
-
36
114
105% 105%
m-s
St Louis Div-2d
J-J
'9
;m-s
Mob St'
-
38%
55
110% 110 Vi
.1949
;/12003
1st- & ref 4s series -D————.1
Uhif mtge-4s'-series.
40%
29
53%
105%
37%
29
12
A-O
26%
26
36%
*115 '
J-J
_1944
■/,;.
51
57%
•
21
55
;
73
42«/a
48
100
33%
A-O
-1955
.1-1946
Paducah & Mem .Div 4s___——
—1980
gold 3s_^._
H
Hocking Valley Ry 1st 4Vis
29 Yn
33%
A-O
&- rfef/. 4 Vi s' iseries- C_i——-..-.2003
1st & ref 3%s series'E_/„
v
32
m-n,
'
93%
109% 111
101
27 Vi
29
35
_2003
1st- & ref 5s1 series>B/—
1st
105
26
.2003
Louisvtlle & Nashville RR—
4
>
4S,.'stamped-/:Jii-l:'//-'!.--;-./1
95%
'
27
27%
.30
.1950
98 i/a
Feb
.27%
;
m-n
,15
10
Long Dock Co .JVis ext to——
Long,Island"unified-4s^l—•-—/_!
Guaranteed/ref-"gold' 4sl-/-—
'
73%
,71 Vi
58
52
m-n
.2003
58
44 Va,
51%
^2003
,
57
122% 122 Vi"
82,y4
Feb
44y8
52
*99%''
98%
,-1967
44%
j-j
F-A,.'
82%
.
F-A
_2003
72 y4
~6
/
68%
m-n
debenture/r/i!!—
98%
ctfs B—
71
68 Vi
85%
,' ~5
70
70
80
72
58
5.
70
*66
F-A
Valley. N Y 4y2s ext—— —1950
99
Bay & West deb ctfs A—
*68
.
75
__
84%
84%
F-A
—1964
stamped—__——;
J-J
mtge 3%s series 1—
*84%
F-A
,
—1954
,1962
5s
Little
80
99% 100
*100
—1964
J-J
1
,
.1951
.•
83%
83 Vi
28
54%
'
General mtge 4s series G——1946
Gen mtge 4s series H——-1946
:
54Vi
78 Vi
76
Miaitti-.;geif 4s. series A_C—
■
105% 108%
91%
.
Hoe
35
98%
53
5s—f——i —1974
—1974
stamped———
Leh Val Harbor Term gtd 5s— —1954
*94%
-J-J
s
84
'
75%
"
.
J-J
1973
Gulf States Steel
88
72'A
78V2
Lehigh' Valley RRt—:;- ,<• - v '; •
4s stamped modified--;!———
4s * registered—
4Vis- stamped /modified-^,——i
4Vis registered/-^™-——
5s stamped- modified-^---/—
teh-Val Term- Ry ext 'Ss-C/^—
Lex Si East 1st* 50-yr 5s gtd—Libby McNeil & Libby 4s———
Liggett & Myers Tobacco 7s__—
116
151/4
30%
J-J
.
116
15%
J-J
1952
General 5s series C——
^Debentures
75%
78 Vi
,5s.
Lehigh
4 Va
102%
69
16
*116
J-J
General 4%s series D__——1976
General:4Vis series E_——-1977
A Green
05
2
54%
1st & -ref'.sirik fund
•
4 Va
100
.
82
J-D
sVaS-^-——1949
5s
;
Oct 11945
t»AGa Caro & Nor 1st ext 6s—;
1934
Goodrich (B F.» 1st 4 Vis—
1956
Gotham Hosiery deb 5s w w—
1946
Grays Point Term 1st gtd 5s——1947
Great Northern 4Vis series A——1961
«
3
80%
Dec
1st & ref sink-fund 5S—
78
19 %
17%
4
—-,
A—1956
-1956
1A Georgia & Ala Ry
.
98%
84%
*77%
J-J
w-1944
5s.stamped—
——
1st .&".ref fiink fu"nd:5s-i—— .-1954
69%
18 V4
%
•M-N
Gas Si Elec of Berg Co cons 5s__—1949
Castings
91%
J-J
•
Steel
J-D
/,,.
,
88%
17%
———1974
Food Machinery Corp 3s debs
Francisco Sugar coil-trust 6s-
8
78
78
78
M-S
—1959
99
*57y2
J-D
of
deposit-.—-—;—«
IFontia Johns & Glover RR—
§A2-4s {Proof of Claim)
.—1982
Gen
91%
72%
.—1954
Lehigh' 8i New Eiig'RR 4s A,.
97%
105
;M-N.
1943 '
7 AFla Central & Peninsular 5s
1st & ref 5s series A
J-D
.—1956
Firestone Tire & Rub 3s deb——1961,
^Certificates
12
1.7
-—1954
Cons sifik fund 4-V'2s series
108
Lehigh Valley Coal Co—
Certificates
49
86T4
98%
98%
J-D
—1975
■
Lehigh & N. Y 1st gtd. gold 4s
A
86
84
J-J
—1997
registered/——
Lautaro Nitrate Co Ltd—/
Alst mtge^income reg^./.,
Lehigh Coal- & Nav-s i 4 Vis
93%
52V4
.J-J
■J-J
A Gen
A
85
85
85%
"86
•
3Vis
-
100%
98
*99% 100
A-O
.
,-1995
mtge inc 4V2S series A—.-2015
N Y & Erie RR extl 1st 4s_:
1947
1st cons M 4s series B——1
1st
.—1953"
S'/as series D_. i'
19475s extended at^ 3%' to__—/
Lake siy& Mich Sou gold' 3 V as- -.1997
70 /,
A-O
Erie Railroad Co—
Ohio Div
,/-1945
&-ref
Lake Erie & Western : RR—
104 Va
A-O
,
,
y Coil
99 Va 101 Vi
103
*—
M-S
1970
5s
99% 103'/a
..10iy8 101 Va
.extd 5s/i_
Coll St ref--'5 %s: series C,—
Laclede Gks. Light'
109
107
*149
J-D
(NY) 1st cons gold 5si„-1995
El Paso & S W 1st 5s—
108%
102% 1Q3%
J-J
Elec AUto-Lite 2 Vis debs———1950
Elgin Joliet & East Ry 3Vis—
*105
'M-N
95
109% 113
41
4%
71
9
Volume
Exchange
Stock
Interest
Last
27
Period
Sale Price
Ended Nov.
Week
or
1st
& Sag 3
Lans
gold
Ref
impt 4 Vis series C
&
Low
N«.
15
106'4 106'/a
:••• 4
J-J
106 Vi
M-S
§AGeneral
67
ATerminal
A-O
*
37
Niagara Falls Power 3Vis
1966
45%
Niag, Lkckl & Ont Pow
18
31%
Niagara Share (Md) deb 5Vis
Nbrfolk Southerrt'Ry Co—r
'
37
37
J-J
M-N
1%'
9 Vi
13
M-S
3 Vi
31»
2
V4
1st
9%
1%
4%
6
r/a
15
%
15%- 16 Vi
282
9%
17%
15%
16 Vi
22
9%
17
56
9%
11%
North
($Alst consol 5s—_——
1938
§Alst stamped 5s gtd as to int__1938
J-J
15%
ref 6s series A—_______1946
J-J
4 Vi
4
Vi
4%
15
3 Vi
11/2
11/2
IVi
5
%
2%
60%
68"%
;■
■
ref 5 Vis series B
-1978
J-J
Missouri-Illinois RR 1st
1959
68 Vi
J-J
A .1st &
JA
■
J-J
___1949
5'/2s—:
A25-year
Missouri-Kansas-Tcxas RR—
Prior lien 5s series A—
A
'•/>
A 1st
ref
&
deposit
of
ACertificates
gold 5%S
AConv
of
ACertificates
.
24%
334
34%
103
•
747
34%
34%
39
34'/a
36 Vi
21%
38 %
21 Vi
39%
25%
39'4
3
"5%
„
3%
280
%
71
21%
1
24%
36 »/2
195
21
guaranteed gold 5s
1945
1st mtge gold 5s (stamped can¬
cellation of guarantee )____-___l,945
ACertificates of deposit-
A-O
M-S
80%
1978
Prod 3Vis.debs——I960
Distillers Prod 3l/as
1949
Dairy
Nat
18
Steel
National
mtge
1st
54
-
12
103% 103%
30
109
J-D
103%
107% 112%
103 y4 106
1
82
71
35
M-N
34
33
36
69
33
46%
M-N
30%
29%
32
54
29%
42%
*109% 112%
:
*111% 116
4Vis
105 %• 105%
36
M-S
102% 103'
15
100
26
99
Vi 101%
66
.
•
101%
,
14
»■
102% 104 %
117% 119%
2-
J-J
-71%
70 '4
,
56
76
3
71% '71%
56 %
74 V4
118%
117% 120 V2
124% 124 V*
120 Vi 124%
*118
J-D
M-N
77
*74
109% 109V4
76 .%
•76
J-J
75
J-J
85%
;
105
*107%
80
107%
A-O
~A-0
52
52
54
.
53%
38
5
57
56
—_—1956
48Vi
49 Vi
15
39
53Vi
51
51
3
39
46
47%
26
40%
56%
56%
17
38
58%
37
46
deposit
A-O
54
deposit-
of
,
—.—
*100
J-J
.
43
93
356
42
54
&
-2013
A-O
50%
50'4
53 %
272
46
N
impt 5s series C
75
j-j
gold 3Vis—,—- -1998
f-A
241
75%
68
69
61%
61%
J-J
-1997
641,4
74%
M-N
-1997
—
49
69
—1952
3Vis
& Hud River 3Vis—
registered—
107% 110 V4
107% 110
33
107
-1946
.1943
-F-A
5s
cons
23
51%
49%
51
;/•
78%
49%
49',2
49 %
50V'2
47%
48%
3
registered
-1998
——
47%
f-a
2
57
45%
N
.1974
.1978
M-S
a-o
.1950
C———
49 %
'
74
76
19
71
83
59%
59 Vi
62%
185
58
69%
100%
54
96% 100%
100 3
100
8
•
M
Y Lack
&
99 %
99 %'
65'4
64%
66
.1947
a-o
80%
80 Vi
gold 4s
A—„;
series D_—_. .1965
3Vis series E„
.1966
-
-
a-o
gold
.1949
60
71
J-D
102%
1st ext gold 4s„1938
f-a
97 V
3%s____
deb
117
P L
East
—1947
3Vis_—
1954
deb'■■:4sj.___i————1955
ANon-conv;
deb
4s—
___1956
certificates. 3 Vis/
21956
6s——
1948
1113
111%
106 Va 109%
97 Vi
a
5
99
103%
12
99
103
4
85
97 VB
84'/a
95
97 Vb
95%
*94
--
109% 109 Vi
J-J
104
m-.v
f-a
gold 3s loan ctfs——1955
106 7/i 109»/2
2
107Va 109%
305
ii
M-N
Pictures 4s
deb
Trans
6s—
10
58 Vi
86
98 Vi J 00%
61 Vi
25
40
611/2
118
118Vi
302
jV 102 A
68
67
55%
*117
—
Guaranteed
ctfs C—1942
Secured
J-D
ctfs D___1944
J-D
3%s trust
Gtd 4s series E trust
_1963
4s__—
.
F-a
~5
103 7/a 103%
*106% 107%
M-N
ctfs_—1952
Pennsylvania Glass:Sand 3%s__—_1960
Pa Ohio & Det 1st & ref 4%s A—_1977
—_1981
4%s series B_^_
Penna
Power
4%s
102
102
102%
104Vi
J-D
1
'1
102% 104]4
MM—
105
108 »/a
100
Vi 1057/4
29
.
-~
Consol
8
60 V4
32
F-A
98%
-
A-O
;
32
J-J
:_1943
„1948
M-N
mtge
2
—1968
——:_1970
/.General 5s series B
Debenture gold ,4%s_!
series D—:
—1981
Conv
deb
4%s series E——-1984
3%s
_—^_1952
33 Vi
32
32%
32%
♦30
J-J
J-J,
32 Vi.
40
40%
-
119%
Peoria
& Eastern
AIncome
Peoria
59
54 '/a
64
19
45
19%
F-A
120%
/••;. 6'
43
V19
Union Ry
5%s—1974
gold 4Vis series C—
General
5s
9
108% 111
3
108 % 111
89
33
148
"
101
;___1954
M-N
901/4
JAN Y Ont & West ref gold 4s__—1992
M-S
-'-7'
M-N
5414
119
——
4s_J.__
1955
J-D
1993
rv
1st cons gtd 4s
J-J
footnotes
see
page
1932.
7V
351
90 Vi
6%
65
a
Electric
100%
100% 101%
99
J-D
106%
106% 107%
81
106% 111%
2
%
2
17
42%
*106
106%
107
106% 106%
88%
88%
89
80
86 Vi
A-O
96
95%
96%
46
95% 100%
95%
95%
3
95% 100%
91
91%
1QS
112% 112%
1
J-J
A-O
91
81%
92%
;
J-J
•M-'S
J-D
44%
29
72%
37
3%
7
*5%
47
7%
106% 107%
*106%
F-A
J-J
42%
42%
Apr
110% 113 Va
73%
71%
107
63%
76
55%
67 Vi
55 %
105%
M-N
64%
67
19
58
59%
86
105
105%
41
104% 108
102% 102%
64%
58
11
101% 105%
64%
F-A
*117%
115
120
J-J
*111% 115
108
112
J-D
*108% 109%
1st
&
ref
107% 110
_1961
J-J
12
90% 105%
;_1967
3%s_
1st & ref mtge 2%s
M-S
111% 111%
6
109% 112%
J-D
102
102 Va
7
99% 102 y8
——1971
—1949
deb 6s
94%.
94
32%
33%
55
11%
10%
11%
83
105% 105 Vi
3
3%
3
1%
1%
l7/a
99
97 Vi
103%
1962
M-N
1937
J-J
1951
J-J
3%
4
*2%
103V4
103
103 %
M-N
.1949
f-a
*106%
guaranteed' gold^„
.1953
J-D
*111
397/a
"L Series G 4s guaranteed--——
.1957
D
F
40
Series
37%
Series I
48%
Series
23%'
.
40%
3%'.
21 Vi
61
H
J
4s
4s
guaranteed
cons
cons
cons
guaranteed 4s_„ .1960
4Vis
guaranteed
Gen
Gen
mtge 5s series b
Gen
4
4%s_ .1964
mtge 5s series a
9%
44%
f
.1963
.
*111%
f-a
*118%
.1970
107
J-J
105
100%
73
4%
91
*
8%
Pitta Coke & Iron
Pitts* Steel* 1st
1%
39
2%
48%
104 Vi 108
2
103
107 Vi
conv
4:Vis al_. .1952"
mtge 4%s
1st mtge 4 Vis'series b_
Va k Char 1st 4s gtd
Pitts
Pitts & w Va
"
.1950
:
—
110
105
104 Vi 109
1
104% 108%
100% 100%
14
99
103
95
104%
97 Vi
100%
96%
96 Vi
96%
98%
98%
98%
14
'98
54
54
56
55
55
96
99
54
64 Vi
55 Vi
99
64%
55
64%
M-N
1st 4Vis series a— .1958
J-D
1st mtge 4 Vis "series B
.1959
.1960
A-O
19
567-8
A-O
1st
mtge 4 Vis series C
121
121%
4
M-S
J-D
112%
118
118
—
J-D
.1943'
112%
111
2
.1950
108
112
—
105% 105%
J-D
A-O
.1977
:
4%
—
*118%
m-n'"
12%
111
-
*111
F-A
.1975
—
—
Vis series' C_
m-n
5
102% 106
105 Vi 106Vi
*105
.1945
Series E 3%s gtd gold—
Seriis
Series
35
33
M-S
Philip Morris Ltd deb 3s_
/
24
J-J
t§APhilippine Ry-1st s f 4s_—
ACertificates of deposit
Phillips Petrol l%s debs.
-i
19%
109% 111%,
-
93%
a-o
1974
B
t A Phila & Read; C & I ref 5s_—1973
'
*110% 111 Vi
J-J
1963
89%'
40%
M-N-
.-—1958
N Y Steam
For
2
A-O
Queens El Lt & Pow 3Vis_i.i__1965
prior lien 6s stamp-Corp 1st 3Vi"s——
••
94 Vi
122
J-D
t A Harlem River & Port Chester—
-
88 %
17
4Vis series C—.1—1977
series D—
—-1981
series
gold
4 Vis
19
-.
33
6
A-O
107Vi
103%
100 Vi 105
A-O
Apr 1990
;
General
18'%' 37%
134
34%
42%
96
109
120 Vi 121 %
M-S
1980
Phelps Dodge conv 3Vis deb—1952
Phila Bait & Wash 1st gold 4s——1943
39 y8
37%
341a
-
202% 10872
109 %
88%
88 3 a
.
103 Vi
20%
185
Y Rys
104
109
A-O
—_1960
4s ext
4s
Pekin
&
AConv
1
7%
N
1057a
100
109
M-N
1947
Peoples Gas L & C ref 5s—
General
15
331/4
33
331/4
M-N
331/4
311/4
38%
N Y
103
301
100
*100%
'M-N
2—May 11948
gold 4s__:
stpd dollar
98
Pittsburgh Cine Chi & St Louis—
-
M-S
M-S "
7Vi
1957
105% 105 Vi
105%
f-a
3%s series C
—1970
Cons sinking fund 4%s__———I960
General 4%s series A_—
1965
100%
52
100
36%
AGeneral
''
101 Vi 102 7/i
*101% 102 »/2
J-J
——1974
sterl
General 4%s
101% 102 Vi
A-O
Light 3%9~1969
&
debentures-—
Pennsylvania RR cons gold 4s
11.1% 115
J-J
52%
N Y & Putnam
71
/
Pennsylvania Co—
Phila
'in
59
59
53%
53 Vi
4s
105
100'4 104 7/a
3
Vi 104 Vi
100% 100%
67
M-S
103% 104%
52%
37
1940
4s___—;
1st & ref 4Vis series of-1927___1967
1st
>/a
4
109
109
*105
91
Broadway Corp—
f
s
Philadelphia Co.coll tr 4%s„
116
5
-
J-D
§ A Collateral trust 6s__
ADebenture
A
18
827/2
102% 103
J-J
1960
3s B__—
107% 109%
117
F-A
M-N
.1973
deb
deb
107% 111 Vi
91
102% 102%
J-D
1938
5s
106% 108%
M-N
ANon-conv
AConv
110% 113%
6
.
83
1
10
J-D
.1973
|N Y New Haven & Hartford RR—
ANon-conv
deb 4s___
.1947
ADebenture
16
li 110%
109% 109%
J-D
Paterson & Passaic G & E cons 5s_1949
66T8
*108% 110 Vi
.2000
3%s__
& W Dk & Impt, 5s— .1943
ANon-conv
787a 1017/a
110
61%
,
H & Pow gold 5s_. .1948
& West 4s; series A
ANon-conv
107%
104
112% 1127'a
100%
99% 101
7.
108 Vi 108%
A-O
•
93
39
99 Vi 100
f-a
33
99 34 100
a-o
4 Vis series B—
Y L E
Vi 112 Vi
109% 112%
41
99%
*90
M-S
1st
15
J-D
.1951
notes
Harlem
Y
N
18
99%
112%
A-O
Y & Erie—See Erie .RR
N
■
74%
RR 3 Vis A— .1965
Purchase money gold 4s„
N
a-o
extended to__— .1947
debentures—
N Y Gas El Lt
109
1
106% 107 Va
'
—1971
Marquette 1st series A 5s—1956
1st 4s series B—-—2—
1956
series- A—
& ref
105% 108'4
5
109% 109 34
—:_1944
Chicago & St Louis—
1st lien
103
102% 105 Vi
109% 103%
debentures_1956
56%
44
27
1st
5
61%
47%
5 %
106
108
106
1966
—1970
3%s series I
3s series J
ref M 3s' series K—J
&
1st
79%
63%
49Vi
Dock
J-D
gold 4s_;—1946
1
*104%
M-N
5s—1945
1st
100
100
100
100
110 Vi
102% 105
*103% 105
J-D
J-D
Gen mtge
67
47%
Y
12%
1067.4 108%
10
J-D
Paramount
%
3
f-a
Y Edison 3 V4 s
44
9%
,J-D
Paramount
70
Conv
N
43
106% 107
9%
M-S
mtge. 3%s series H.,—1961
Panhandle
59%
Connecting
4%
10
106%
M-S
M-N
'
99 Vi
48 •%
.
f-A
Y
J-J
J-D
59%
43%
134
52%
98%
f--—^
registered—- -1998
6s
110%
109% 111%
102% 102'/a
16
Pere
N
108
7
*101 % 103%
A-O
.
461/4
series
4
111% 111%
111%
J-J
1964
& ref mtge
Gen
49%
4Vis
109% 110%
M-S
series B——1966
:
98'4
mtge 3Vis
59 Va
mtge 3%s series C^_:
—"_1966
Paducah & 111 1st s f gold 4%s_L—1955
55%
f-A
Mich Cent coll gold 3Vis__—— -1998
1st
59%
48
50%
f-A
—
1956
'
46%
Ref
48
50
F-A
Ref
53 m'
deposit—.
'
'
50
5 Vis
3
54%
51%
109% 110%
Pacific Tel & Tel 3'As
43%
34%
5 7.
.
98'4
Ref
54
51%
J-J
107% 107%
Guaranteed 3'As trust
A-O
New York
52 Vi
J-J
1946
§A2d ext gold
47%'
3 7.5 a
'•
;
A-O
3 Vis
54t/a
70 7/i
108% 108%
El 4S series
fAPac RR of Mo
83%
34
46
72
36%
■'2
80%
•
F-A
13Vis
Vi
110
1st gold 5s
Co
Coast
Parmelee
7
of
Lake Shore coll
44
57%
105% 107 %
,106%. 107 Vi
106*
J-D
82
'74%
85 Vi
*79
J-J
107% 110%,
.
-1946
3Vis
stpd
Gas &
77Vi
75
F-A
A-O
A-O
i
impt 4Vis series A— -2013
Y Cent
107
261
99%
93
-90
*90
>118
-
&
Conv secured
49%
66 Vi
J-J
1st
2
10-year 3%s sec s
N
46%
63 3a
108%
F 1st gtd 5s
1st & ref mtge
52
Newport & Cincinnati Bridge CoGeneral gtd 4Vis—————— -1945
N Y Central RR 4s series A— -1998
Ref
47%
63 3a
106%
4s
Ref
43
J-J
J-J
J-J
1st
49 Vi
of
ACertificates
38
J-J
103%
66...
52%
series a———1954
5Vis
A 1st
5
J-J
103 % 105%
103
49Vi
series D———
ACertificates
40%
—1946
1st & ref
24
105%
F-A
103% 104
C—
ACertificates
A 1st
45Vi
40%
gold 5s—1946
70
62%
67 Vi
J-D
of deposit—^———
series
5s
A 1st
73%
39
J-D
1st cons
Short Line
Pacific
M-N
.
66
63
J-J
& Nav' con
Pacific
J-J
ACertificates
15
42%
111% 112%
103%
•
74%
106% 109%
M-N
A-O
t§ AN o Tex & Mex n-c inc 8s—1935
ACertificates of deposit—
A 1st 5s series bl-_—
1954
70
407b
Q-A
1967
;—1972
,
—_i—
debentures—
Guaranteed
J-D
3s„—1965
—-1955
69%
40%
Oregon-Wash RR & Nav 4s
—1961
Otis Steel 1st mtge 4%s ser A—-1962
43%
101
1st gtd 4s__—1953
Elec
&
Transmission
89
361%
101%
series b
78
72%
3%s——-1966
:
i
Power N
Ore
87
J-D
ref 5s
27 Vi
68
42
73
Q-J
Q-F
-——1965
mtge 4s
1st
Gas
Oregon RR
35
5s—1948
gtd 5s_—
1945
i————1945
New England Tel & Tel 5s A—>—1952
1st gtd 4Vis series B_—
—1961
N J Junction RR gtd 1st 4s———1986
N J Pow & Light 1st 4 Vis——I960
New Orleans Great Nor 5s A
-1983
N O & N E 1st ref & imp 4ViS——1952
New Oil Pub Ser 1st 5s series A„1952
&
27%
__
ext_—_'_1944
Teleg 4Vis
Ontario
112
109
87
tANaugatuck RR 1st gold 4s_——1954
Orleans Term
107'/a
54%
'
4s
351/4
f ANew England RR.
A Consol gtd 4s
1st
114
99
--
Q-J
mtge 3%s__1964
mtge 4s—.
Oklahoma
J-D
Newark Consol Gas cons
New
119
112
—
—
V,
A-O
1st & ref mtge 3ViS—1967
1st
1st mtge 3%s_U
98% 104
3
109%
109
M-S
•
100% 103%
119
120
Co—
Power
States
Ontario
111% 111 Vi'
a-o
1949
sinking fund debentures
3 Vis
100Va 104
O
N
Nat
a
Pacific.prior lien 4s__—1997
(Wise)
94%
42
102% 103
J-J
series
124% 128%
9
*105%
5s_;
t§AOg & L Cham 1st gtd gold 4s_1948
Ohio Connecting Ry 1st 4s——-i-1943
—
Nash Chatt & St L 4s series A
6
*112'/a
1st
A-0
49
M-S
Ohio Edison
10
92%
48
102 Vi
103%
102% 1027 a
_r1974
4%s
ref
&
(Minn)
38%
92%
F-A
126
103
F-A
*118
& ref
gen
Northwestern
39 Vi
24%
.
126
.F-A
38%
34%
M-N
.
.
39%
341/4
t§AMissouri Pacific Ry—
4% ——July 1938
Moh'k & Malone 1st gtd gold 4s—1991
Monongahela Ry 3'As series B_;—1966
Monongahela W Penn Pub Serv—
1st mtge 4I/aS
1960
6s debentures
1965
Montana Power 1st & ref 3%s_—1966
Montreal Tramways 5s ext
.1951
Morris & Essex 1st gtd 3'/2S
-2000
Constr M 5s series A
1955
Constr M 4 Vis series B
—1955
Mountain States T & T 3'/4S_—— -1968
Mutual Fuel Gas 1st gtd 5s——-1947
u_______1954
5Vi
36%
34 V4
34%
4%
34%
a-o
3rd 7s extended at
31
M-S
Northern
39,%
.23 Vi
148
34 Vi
11%
'
f-a
747a
38 Vi
23%
registered-^
—1997
Gen lien ry & 14 gold 3s
Jan 2047
3s registered-^—
v———2047
Ref & 'impt 4Vis series A^__:—-2047
Ref & impt 6s series B
2047
Ref & impt 5s series
—2047
Ref & impt 5s series D.
:_2047
23 Vi
1%
4
35
34'/4
1981
deposit————-
697a
2iy8
1
4s
21%' 39 Vi'
435
36%
34%
34%
—_
39
118
3r
1974
Northern
37 Vi
.
7%
.95
35;
M-N
74%
36
33%
42,
21
1
36%
9%
—
series 1
ref 5s
&
A 1st
"91/2
m-n
72
33%
31
o-a
1st gold 4s_1996
1949
.A 1st
.
A
20
59;
10%
34%
M-S
1949
1980
;
ref gold 5s series H
ACertificates of deposit
&
A 1st
34 3,4
—,
1978
109% 111'/a
101% 104
f-a
A-O
deb 3Vis
Co
Central
Gen
447/»
:
25%
G—
108% 109%
—.
2
103% 104
J-J
1961
5s a
10 Vi
^Northern Ohio Ry—
—
deposit——.
of
series
5s
19
18
M-S
1965
ref 5s series P
&
35%
F-A
—1975
1977
4s
ACertificates
A 1st
840
31%
18
A-O
'■
deposit
of
Certificates
General
A
391/4
301/4
34
& ref 5s series A—_—
A 1st
39%
37%
33%
J-J
.
Amer
North
96 Vi 100
30%
133
-
301/4
-1978
^Missouri Pacific RR Co—-..
•
,
'
38'/2
J-J
adjust 5s series A—Jan 1967
,,ACum
4
41
-
401/8
4
—1962
40-year 4s series B——
Prior lien 4%s series D
68%
68 >i
...
>•
.
*98 %'•
J-J
1962
.
i
.
J-D
1st 4s„_——1990
Mo Kansas &,Texas
RR
Debenture 3%s—
6%
M-S
&
A 1st
Southern
—
%
17
15%
ANorfolk
93 Vi
3
86
8%
*109% 110%
104
15%
110%
108
*110% 111
M-N
18 Vi
9%
86
7%
a-g
.
38
14
42
*110
.M-S
.
'
1998
___2Q14
a
inc
conv
Norfolk & Western. Ry
-.15%
1938
stamped—
4Vis.series
mtge
AGen mtge 5s
-
2%
1% -.
Q-F
J-J
S A 1st cons 4s
1st:'5s.A__i.1955
1950
29
26%
261/2
J-J
1946
1
High
29
11%
*82^
J-J
t§AN Y West & Bost 1st 4Vis
'
M-S
___1967
3Vis series B
Low
17%
11
11%
3I-N
68
58%
"5
37
•
Y Telephone
N
__»1943
•
January
No.
33 %
*10
..f-a
Range Since
Sold
High
*30
f-a
.
„_^._1940
63
38
671/2
*58
J-D
J-D
1
gold .5s
1st.gold 5s
Bonds
Sale Price Bid & Asked
J-J
1 § AN. Y Susq & W 1st ref 5s.____1937
§A2d gold 4Vis
—^____1937
73%
104% 107
2
54
54
Last
Period
Low
97Vi
'53
Week's Range
or Friday's
Friday
Interest
Exchange
High
69
58Vi
55
Stock
Ended Nov. 27
Week
I
93 >4
98
Marie
tMinn St'Paul & Sault Ste
January
York
New
Range Since
'
♦•97Vi
M-N
Consol Gas 4s__
tSAMidland of N J 1st ext 5s_
1940
JgAMilw & Northern 1st ext 4Vas„1939
AgConsol ext 4VaS_—
1
-1939
fAMilw Spar & N W 1st gtd 4s—-1947
I§AMilw & State Line 1st 3ViS
1941
t A Minn & St Louis 5s ctfs__—
1934
A 1st & ref gold 4s
2
1949
ARef & ext 50-yr 5s series A—1962
Michigan
>
Sold
73
73
m-s
1951
1952
1979
1963
VzS__—
.
High.
Low
Michigan CentralJack
Bonds
Friday's-
Bid & Asked
■
1931
BONDS
Week's Range
Friday
BONDS
York
New
n
the commercial & financial chronicle
Number 4129
156
55%
16
Monday, November 30, 1942
CHRONICLE
COMMERCIAL & FINANCIAL
THE
1932
Friday
BONDS
Week's Range
Friday
BONDS
Interest
Stock Exchange
Week Ended Nov. 27
New York
Period
Last
or
Asked
No.
Low
—1948
& Ash 1st 4s ser. A.
Pitts Young
1st
1974
series C
1st
gen
1st
4'As series D
5s
1st 4'As
extended to
Potomac El Pwr 1st M 3%s
1st mortgage 3%s_^____
Pressed Steel Car deb 5s
—1957
1972
ref mtge 3s
& ref
1st
&
mtge
ref mtge
8s
1968
111 3'As__.
Public Service of Nor
—1948
f deb 5s
Purity Bakeries s
86 %
951/2
AAdj
80
80
—1956
deb 3'As
Republic Steel Corp 4'As series B—1961
•„ Purchase money 1st M conv 5%s 1954
Gen mtge 4%s series C
1956
Revere Copper & Brass 3'As__—___1960
•
*215
105
A-O
86'/2
85%
86'/2
75
67'A
76'/a
76'A
77%
28
73%
19
82
76
76
J- J
104% 104%
102'A
M-N
3
F-A
102% 102%.
1967
J-J
100% 100%
15
108% 108%
debentures——
3s
21
100% 104%
100%
98
10
,100
63
39
*60%
64
1977
___._1967
Gen mtge 3%s series I——;
1967
-Gen mtge 3'As series J____^_>„1969
t§AR I Ark & Louis 1st 4%s
1934
t ARut-Canadian 4s stpd_____
1949
tSARutland RR 4'As stamped
1941
M-S
*110
110%
58
J-J
20'A
34
IO1/4
8%
12
41/8
-
—
2.15s
———
2.20s
10
5%
3
8%
—
2.10s
9%
8%
J-J
2.05s
2.35s
2.40s
———
-
2.45s
M-N
5s__—1948
—1959
1955
Rocky Mt & P 5s stpd—
St L
tASt L-San Fr pr
deposit
nf
ACertificates
M 4'As series
ACons
1950
1989
ctfs
-Nov 1989
unifying 5s———1952
ref gold 5s series A—1990
A2d 4s inc bond
§ A 1st term &
AGen &
22%
11
21%
17%
341
16%
17'A
87
11'A
19%
59
17%
19
34
11'A
534
20%
19%
20'A
12%
22%
5
84%
76
36
57
Duluth: 1st cons gold 4s_1968
*ASt Paul E Gr Trk 1st 4'/2s_.—_1947
$SASt P & K C Sil L gtd.4%s_.__1941
St Paul Union Depot 3%s B—
1971'
S A & Ar Pass 1st gtd gold 4S—1943
49
50%
J-J
28%
28%
31
Schenley Distillers 4s s f deb—-1952
Scioto V & N E 1st gtd 4s
1989
"2%
'
T
6 %
*5%
....
15%
-14%
__
7'A
45
.
100
Power
_1950
>.1950
AAdJustment 5s
-Oct 1949
§ a Refunding 4s——^——1959
8A4s gold.stamped—
99'A 101
>
ACertificates bf
A 1st
;
deposit—
123% 125
B_
fund debentures
15 ASilesian-Am Corp coll tr 7s
debentures 4s___
F-A
'
13'A
15
98
15§g
97% 100
29
101% 102'/a
16
1
Bell Tel & Tel 3%s-____
ttoutn
debentures.
3s
Southern Colo Power 6s A
A-0
"
'!
105 %
J-J
J-J
1st
104'A 106'A
—
_
'
'
—
123
107% 107'A
5
106'A 108%
105'A 105%
20
103% 106%
103%
10
102
103
—
1st 414s
(Oregon Lines) A.
Gold 4y2s.
L__
Gold 414 s
Aug 1949
1949
1977
1968
.1969
...
—
.1981
1946
Gold 4 Vis———
10-year
3%s„^
secured
San Fran Term
1st 4s
—1950
69%
J-D
105%
68%
50%
223
70%
72%
68
52
51%
55
221
49'A
58
M-S
50%
50
52
164
46%
57
49%
49%
51%
220
46%
56%
*64%
68%
•
'
49%
49%
51
J-J
89%
89%
85%
84
68%
67%
X A Western Pacific
A 5s assented—
1st cons gold 5s—1994
4s series A
1956
6s
.1956
Devel & gen 6%s_
1956
Mem Div 1st gold 5s—.
1996
St Louis Div 1st gold 4s
1951
921/2
91
Devel
&
gen
A-O
70'A
701/4
&
gen
A-O
90
89Vi
90'A
&
1st
Bell Tel 3'/is B_
C
ref 3s series
1964
(called
6s
bonds)—
Superior Oil 3'/2s debs
Swift & Co 2%s debs
iy4
85
J-J
gold 5s-—
J-J
1945
93
5s
:
Westinghouse El & Mfg 2'/fis
West Shore 1st 4s guaranteed
81'A
85
Registered
_L^>
West Va Pulp
61%
72
88
93 %
60%
72%
78%
84
83
96%
78%
84%
79%
91
Conv
deb
15
3
101 % 102
M-N
103%
*100 A
__
103'A 103%
*103% 103%
103
_
10
__
.
100
108%
100% 103%
122
105% 108'A
4
109
111
-1974
3s
J-J
103
103
2
101
& N O
com
gold 5s
A-O
M-N
J-J
-
105%
103
85
92%
88%
18
105 Va
22
104% 106'A
105% 105%
34
104
88%
105
*100% 102
90
94
...
76
105% 109%
25
108'A 108%
108'A
65%
10
72
71%
.•
M-S
82%
J-J
43 »A
Apr
-
•
32%
Apr
82%
32%
M-S
*27'A
F-A
71
33'A
50
49
28%
39%
24
28'A
*26%,
A-O
25%
25%
<
24
90 'A
A-O
102
MS
1
27%
94%
102%
12
95
4
101% 102
100%
81
100%
100% 100U
112
106% 112V4
s72
112'A
M-S
26%
83
46
93%
90%
1
27%
22%
22%
~8
26 •
26%
26%
A-O
84 'A
75
110
83%
44%
34%
42%
106% 112%
130
F-A
31%
31%
Q-M
86%
86%
103% 104 "A
F-A
100%
.112%
95% 112%
'-4
.
31
69%
1
AO
.
86%
103% 105 %
8
*104'A 106
118% 121%
129
*119
109% 109%
J-D
111% 111%
J-J
107'A 110
110"
4
95%
8
93
100% 100%
r-1
112
91 %
84
85%
85%
87
J-J
95%
95
100%
106% 110
■
25
A-0
tA-O
~4
*105'A 106%
M-S
102
100% 104'A
M-S
35
34
36%
25
20%
38%
M-S
(
34%
33'A
35
81
20%
38%
79
85
81
88
M-N
.J-D
84'A
84
85
41
86%
86'A
86%
57
83%
62
101'A 101%
M-S
82%
M-N
101'A
10
85%
100% 101%
44
43
i
42%
23
103 »A
16
82%
J-J
42%
42
J-J
40%
40%
J-D
103
M-S
92
104%
J-J
.
103
*109%
M-S
77%
50
47%
37%
37%
102% 105
■
__
.
92%
40
104%. 105'/8
7
92
JAWor Si Conn
,
*102%
J-J
110'A 114
95
90%
104% 106%
100% 103%
2
114
115
408
37
55
J-J
51%
48
2
13%
15
72
9
35
14%
5
9
34
110% 110%
107%
48
14%
3%s
1968
Service 3 Vis——1971
.-1943
115
.
48
A-0
East 1st 4%s
—
115
A-0
5
108% 110%
107% 107 %
5
105
*12%
J-J
Youngstown Sheet &
Conv deb 4s
Tube—
1948
1960
———
f 3'As series D
1st mtge s
Deferred
M-S
M-N
sale not included in
delivery
101%
99%
37%
51
12
20
101% 101%
23
99%
31
99
,108'A
12%
101
102%
106
99% 101%
98% 100%
the year's range, d Ex-interest, e Odd-lot sale
sale not included in the year's range. rCash
the year's range; n Under-the-rule
in the year's range.
not
sale
not included
§ Negotiability impaired by
pound unit of bonds.
Accrued
maturity. tThe price represented is the dollar quotation per
interest payable at the exchange rate of $4.8484.
104
_1965
debentures.
Texas
J-J
79
69
102% 103%
91%
*—'
105%
101% 103%
119
*119% 124%
*105% 107
.
109% 111%
9
101'A 110
110'A 110%
A-O
16
—
103% 105%
10
r
41%
110'A
F-A
102
93% 101%
79
*103'A
__
4s—1936
§ASu & Du div & term 1st
ACertificates of deposit
100% 102%
2
105'A
104% 104%
J-J
F-A
13%
Wisconsin Elec Power
33%
J-J
-1959
93
■
--
79
M-N
tAWisconsin Central 1st 4s
1949
ACertificates of deposit————
Wisconsin Public
102
M-S
79
51%
104'A 107'A
F-A
Texarkana & Ft Smith 5 Vis A— -1950
97%
91
8
25
111'A 111'A
__
J-J
2
._1944
Company 3s deb-.
1st 4s
10
-1953
Texas
1955
—1947
1960
3%-
Winston-Salem S B
40'A
105
M-S
—1954
1949
1st 3'As series B—1966
111% 111%
105
__
9
__
*108%
M-N
Si Paper 3s
109% 112%
104%
J-J
100% 103%
*108%
F-A
;_2361
lsti M 4s A—
Wilson & Co
a
-1951
__
91%
90
Included In
Terminal Assn St L
100% 101%
*102
Wheeling & Lake Erie RR 4s
1
J-J
—
*101%
M-N
2361
——
89
16
87 "A
J-D
M-N
100% 102
•
—
100% 101%
M-N
>
93'A
102'A 102'A
F-A
*101
1950
1951
1960
1951
56'A
10
'■9
94%
81'A
40%
Apr
:
1956
1961
1943
—
106% 106%
111%
J-D
1968
ASpokane Internat 1st gold 4'/2S—2013
Stand Oil: of Calif 2%s debs
1966
Standard Oil N J deb 3s
1961
2% debenture1953
Studebaker Corp conv deb 6s—
93%
8
*101'A
M-N
A—1946
Teleg gold 4'As
25-year
82
43
-
71
Devel
A-0
103
M-N
M-N
————1946
80%
257
93'A
Southwestern
gold 4s—
1st 5s ser
46'A
124
70
J-J
J-J
102
100
1977
14
1
J-J
Southern Ry
100
*101'A 103
—1952
95
85%
1955
ref gtd 4s—
101%
*101%
-M-N
-1966
Maryland 1st 4s,
Wheeling Steel
South Pac RR 1st
100
—1963
206
'
91%
A-O
M-N
M-N
*101
J-D
1st & ref 5'As series A
30-year
50
M-S
M-N
.101
gtd——1950
—1967
'
-
100
F-A
mtge 3%s series I—
Western Union
(Cent Pac coll)
4s registered
*101
:_1945
guaranteed 4s
West N Y & Pa gen
Southern Pacific Co—
4s
100%
M-N
gold 3'/2s—2000
mtge 3%s—
West Penn Power 1st 5s E
99% 103
123
1st ref gtd
Gen
100% 103%
7
106 %
*123
f
A-O
101%
M-N
.—-
Westchester Ltg 5s stpd
40'A
...
1963
1962
1979
.1947
101%
100
101
101
.
100
.-1976
4%S series C—
11978
5s series D.
-1—1980
1st 40-year
Western
106
'
100% lOQ'A
100
*101
Washington Central Ry 1st 4s__1948
Washington Term 1st gtd 3%s
1945
■
98'A
95%
13
-/
40'A
102% 102%
J-J
1964
Socony-Vacuum Oil 3s debs
South Si Nor Ala RR gtd 5s._
M-N
1991
A_—1975'
receipts—
Deposit
Warren RR
15 if
14
99% 100
38
14%
33
17
98'A
98'A
99%
15%
3'A
102
—
J-J
101%
105
100% 100%
..
__
-——
A
■i
4
:
15%
15%
*15%
12 %
5'A
33
F-A
__
*101
M-N
1955
debs———1948,
6s called
1-1948
JSAWarren Bros. Co deb 6s
—1941
13
5%
162
J-J
A-O
.*99,28
1st mtge 4s.
Walworth. Co
5
4%
204
y
14%
29%
F-A
*99.28
M-N
Warner Bros Pict 6s
1
11%
—
25
4
28
157/a
F-A
—1950
Skelly Oil 3s debentures
1
35
28
'
M-N
1
mtge inc 4%s ser B
ARef &'gen
10% '26%
154
12%
13 %
M-S
...1954
.1961
.1941
—1952
Oil 2%s debs__
Simmohs Co
3%
12'A
12%
2%s sinking
14
111
3%
11
.
MS
1933
tASeaboard All Fla 6s A ctfs—u-_1935
A 6s series B certificates.,
1935
Union
:
11'A
—1945
t§AAtl & Birm 1st gtd 4s
Shell
23%
10%
F-A
A-O
ACertificates
*
22
21
—
6s series A
of deposit
cons
-
98 %
90%
104
.
97%
t A Wabash :Ry ref & gen 5%s
A Ref gen 5s series B——
101% 104 y4
13
4
21%
22
—
98
AGen
17%
101% .103%
4
3
124'A
A-O
*103'A
M-S
'
100
103% 103%
M-N
A-O
96
97
series A
.
1971
mtge 4s. inc series AA._u_L.1981
•;ARef Si gen
tSeaboard Air Line Ry—
§ A 1st gold 4s unstamped
16
98'/a
97
AGen
-
'*;■
103'A 103%
103%
91%
97%
97
1st mtge 4s
1%
'
A-O
J-J
M-S
90%
98 y8
W
'
F-A
91
M-S
38'A
.
*77
J-J
1
A-0
56%
15%
30%
J-D
106% 106%
97%
Wabash RR Co—
St Paul &
A-O
76%
50
57
75%
49
86
104'A 105
86
92
86
73%
J-J
M-N
99
102% 106 .
103% 107
69
91%
15
J-D
F-A
series A—1955
1957
Va Elec & Pwr 3%s series B——-1968
Va Iron Coal & Coke 1st gold 5s__1949
Virginia Pub Serv 1st mtge 3%s—1972
Va & Southwest 1st gtd 5s——2003
1st cons 5s—
1958
Virginian Ry 3%s series A—
1966
23'A
19%
J-J
99
95%
A-0
Cons s f 4s series
24%
11%
20
M-S
95%
1
1944
1944
ref 5s
& Light 1st 5s__
Vandalia RR cons g 4s
25 %
17%
18%
111
12
75
10%
75
16%
'
bond certificates^
4s
55
108%
96%
96%
95'A
15
18
96%
96%
108%
46.
79
19%
1978
Louis-Southwestern Ry—
A 1st
.
33
5
101
96
A-0
J-J
4'As w w__.——1951
Utah
69%
11
11'A
99% 103
■M-N
94%
77'A
10
41
16%
J-J
111%
6
93%
Utah Lt & Trac 1st &
74
74%
—
J-J
108
94
77%
92'A
16%
J-J
deposit stpd—
ACertificates of
JSt
M-S
.—
A_—*
67%
40%
73'A
41
J-J
deposit
5s series B
lien
A Prior
1950
lien 4s A
of
ACertificates
45
91%
73%
deposit
of
74%
73 %
74
106%
12
*8
A-0
—
—
United Stockyards
Louis Iron Mtn &
ACertificates
62
_
;—
2.65s
60
55
55%
■>
A-0
1933
*50
5
2.60s
107%
106
7
107
—
2.55s
91% 100
6
99%
99%
107
J-J
—
-
2.50s
A-O
11943
11943
1 1949
1 1949
11950
11950
11952
11952
11953
1 1953
1 1954
1 1954
-May 11955
May
Nov
May
NOV
May
Nov
May
.Nov
May
Nov
—.—May
-Nov
.—
—
1.125s
21%
7'A
7'A
J-J
105
106
States Steel Corp—
1.00s
106% 108%
18%
MS
,
111'A 111'A
111'A
Serial debentures-
109% 110 A.
110
MS
—
grant 4s
& land
United
109%
109
*110
MS
106
Pacific RR—
i
33'A
f ASt L Peor & N W 1st gtd
St L Pub Serv 1st mtge 5s
120
2
—1947
:—»—;—1970
35-year 3'As deb
—1971
Ref mtge 3%s series A
i
.1980
United/Biscuit 3%s debs!
-1955
United Cigar-'Whelan Stores 5s
1952
United Drug Co (Del) 5s
—1953
UN JRR& Canal gen 4s
1944
104% 106%
100
M-N
92'A
99%, 101'A
1945
1959
34-year 3'/2S deb/.
100'A 104%
31
1021/4 102%
M-N
60%
81%
13
A-0
1st
102 i/e 1021/4
102'A
F-A
1996
80'A
5
85%
92
M-N
Union
97% 103%
4
102'A 102'A
J-J
12
Southern—
AgRiv & G Div 1st gold 4s__.
85%
*108% 101
*116
22%
98% 101%
91%
85%
J-D
62%-
12
171
—
U
82%
73
39
«_—_
20%
*100%
1971
86%
J-J
45
gold 6s
21
J-J
47%
57
61
21%
J-J
Union Electric Co of Mo
38
2d
A-O
60%
60'A
105
103
105
26%
St
69
102% 104%
*103'A 106
—
J-J
108% 110%
110'/a 110%
J-J
J-J
69%
58'A
22iya
216
225
A-0
1996
70'A
57%
28
—
61
gold 5s
.
58'A
35
M-S
1291/2
Lawr & Adir 1st
M-S
25
3%s
t§ A Union Elec Ry (Chic) 5s
Union Oil of Calif 3s deb.
*144 %
26
St
63
1953
Tri-Cont Corp 5s conv
*—
Saguenay Pwr Ltd 1st M 4'As_____1968
St Jos & Grand Island 1st 4s
1947
63
101%
66%
66 %
66
98% 102'A
1431/4 144%
M-S
series D__
J-D
High
23
1949
Trenton
105% 106'A
A-O
3%s series
63
Low
1
January
No.
deb A
1st gold 5s
Gas & Elec
108% 110%
105% 106
M-N
J-D
Gen mtge
63%
63%
A-O
—
}§ ARio Grande June 1st gtd 5s—1939
t§ARio Grande West 1st gold 4s__1939
A 1st cons & coll trust 4s A—__1949
Roch Gas & El 4%s
63%
A-O
J-D
.
Remington Rand
A-O
impt 3%s__ 1960
Tol St Louis & West
81/4
Sold
High
101
101%
J-D
1st 4s—
.1950
Toronto Ham & Buff 1st gold 4s__1946
Tol & Ohio Cent ref &
7%
R
Reading Co Jersey Cent coll 4s____1951
Gen & ref 4'As series A__——>.1997
Gen & ref 4%s series B_
___1997
1960
Jan 1960
1943
income 5s
96
3
*110%
J-J
J-J
—
5'/2s A
1st ref 4s
Third Ave Ry
105'A 107%
2
ref 5s series D
&
§ A Third Ave RR 1st 5s ext
*83'/«
M-S
1979
——1980
1964
C__—
series
5s
Tex Pac Mo Pac Ter
89
107'A 108%
7'/s
M-N
ref
—
*95
J-D
5s
78'/2
91
89
*108%
J-J
ref 5s series B
&
Gen
F-A
1951
&
Gen
106% 106%
__1977
Gen
—
88
88%
M-S
J-J
Securities 4s___u_.
—1956
t A Providence Terminal 4s—
—1968
Public Service El & Gas 3%s
1st
*99%
J-D
1966
J A Providence
&
120
2000
1977
& Pacific 1st gold 5s_,
Texas
108
118
J-J
1st 5s
1st
107
118
J-D
1960
Portland Gen Elec
,
109
Range Since
Bonds
Friday's
Low
118
118
or
High
Low
"108
J-D
F-A
5s series B___
gen
January 1
Sold
High,
Sale Price Bid &
Week's Range
Sale Price Bid & Asked
Period
Ended Nov. 27
Week
Last
Interest
Stock Exchange
New York
Range Since
Bonds
Friday's
fCompanies reported as being
the Bankruptcy Act, or
ABonds selling
in bankruptcy, receivership, or
reorganized under Section 77
securities assumed by such companies.
price. No sales transacted during current
•Friday's bid and asked
flat.
200-
week.
of
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4129
156
1933
NEW YORK CURB EXCHANGE
WEEKLY
AND
following
the
In
list
extensive
furnish
we
a
Saturday Nov. 21 and ending the present Friday
Week's
York
Range
27
•
Wire
Acme
Aero
Co
Aircraft
Access
Investors
Air
__5
1
——50c
Mfg common
Associates Inc
Air
(N J)
Corp
*
.
Alliance
-
1
Investment
Bourjois
Sep
Bowman-Biltmore
2
Oct
A Jan
% May
t% Aug
130
Jun
;
79
Aluminum Co common..
107
97
•
~
-
—
22
300
17
22%,-
22
22 %
100
20
Feb,
1%
•
NOV,
}g
Jan
22%
NOV
Jan
Sep,
23% Nov
May
7 7c
6%
preferred
Goods
Aluminum
Industries
Aluminium
6%
—100
*
—
Aluminum
Ltd
Mfg———,
Book
American
..
108%. 109
.
12%
12%
.
400
12
$5
Brazilian
Breeze
Corp
65 Va
78%
350
Bridgeport
—
21%
.
5
21%
4%
Common
$3
class
B
—
Central
Cities
American
Convertible
Class
14 %
..
.25
Cyanamid
Class B
class
American
Fork
7%
American
Gas
;—10
preferred
preferred
Laundry
Mfg
>
American
"
■
*
Apr
14%
Nov
Buffalo
A SeP
3/4
Nov
12%
12%
19 Va
97%'
3%
.
25
21%
600
13
13%
2,300
25
25
•""%;""%
,
19%
19%
—'
-
1
.
,,American
Anchor
Writing
Post
preferred
Paper
Fence
2%
3%
'2
2%.
3,100
~2
2
•
"2
300
%
•
42%,
__
,
43%
225
11
...
11
100
2 Va
1%
Voting
Calamba
13 Va
Nov
May
Nov
Breweries
Associated
Jan
of
£1
x!8
%
27%
Aug
•,
4%
May
Apr
Oct
Feb
61% Mar
:
6%
2%
IVe Mar
Jan
Oct
Jan
A Jan
Nov
Nov
10
350
6 Va
Jun
10
Nov
V4 Mar
1
Va Nov
2
Jan
1%
lVt
Feb
11%
11%
100
7 V*
Jan
5Vt
5%
200
1%
Jun
•%
600
V4 Jan
300
4Va Apr
35% Jan
100
11%
46
iff
pfd
Atlanta. Gas Light j6ft preferred
38%
38%
7%
78%
6%
40
8'Vs
78 Va
9%"
950
10
74
—
6,300
Fisheries
800
Coast
Line
Atlantic
Rayon
"
Atlas Corp
warrants—
7 Vc
A
3 Va
Automatic
Corp
Products...
Automatic
Voting .Machine.......
common:
553/4
Apr
Class
1%
1%
lVa
1%
:
.1
A-
100
100
,
1,000
(B F)
Avery
6%
Axton-Fisher
Ayrshire
*
& Sons common.
Class B non
Tobdcco
Patoka
class
A
Collieries
com..10 "
1
,
Nov
voting—..
Purchase
•
for
warants
Jun
2%
Jan
Carman
1% Nov
23/4
Apr
300
,
-
—
--
Baldwin
..._„_30
Rubber
CP
Barium -Stainless
Barlow,
$1.20
Basic
'&
Seellg
common....
Steel
91%
260
Class B
l3/g
Octi;
Carnation
Jan
Carolina Power &
103 Va Jan
Apr
Co
x9%
25
A
Baumann—See
1
1%
Nov
Carrier
Va
Apr
1%
Nov
Carter
(J W)
6%
Apr
9%
Nov
Casco
38
50
'
75 Va Aug
87%
Feb
Catalin
6
NOV
Central
4%
Nov
Central Maine Power 7%
Jan
Central
IS Sep
~1
6%
Jan
Corp
common
—
Co common.:
~6%
4 %. Jun
3% Jan
300
4%
1,100
3*2
of
Corp
7V»
13
Hudson
3% Aug
Gas
York
New
Power
&
&
Elec
Power
Va
NOV
Feb
Central
Light 7%
pfd
i.
%
Jun
3
3
2%'
V2
200
100
6 V2
!>'
A—'
Mills Inc:common
6
Bellanca
Aircraft
3 7'a
Charis
Benson
Cherry-Burrell common.
Mar
109%
Feb
Jan
4 Va
July
22
Jan
35%
Oct
Chicago
3
Jan
4%
Nov
Chicago Rivet & Mach
31%
50
■4%
x4Va
200'
ChesebroUgh Mfg!
Shaft Co
Flexible
2,900
% Mar
Va
6 Va
200
Chief
16%
300
19 Ve
Oct
2%
2%
1,500
5
Aug
12% May
1% Jan
Jan
"
2%
Feb
1
3 Va
3%
1,100
15%'
15%
50
36%
36%
43,a
4%
A
6Va
16
*
J
I.
"
36%
^
18%
18%
7
2% May
2% Mar
13
Jan'
33/4
Sep
16%
Nov
40
19
May
36 Va
Nov
600
19%
28 Va
2%.
28,Ve
4
Apr
5%
Sep
-
2,900
3%. Feb
28 Va
Jun
18
3
1,700
>...
150
.
287/a
preferred—:
preferred B
Jan
Electric
Jan
Cleveland
Jan
Clinchfield
Feb
x4%
Oct
% Aug
1%
4Q0
9%'Nov
Nov
4
7%
1%
Bliss
Blue
$3
(EW)
Coal
page
1937.
,3%
3%
200
July
May
A Mar
134% Oct
% Nov
8Va
Jan
12
May
20
Oct
Apr
6V4 Apr
35% May
99
Apr
111% Jan
103% Jan
Apr
4%
6%
6
500
3 Va
125
10V4
11%
2,300
%
3/4
n
Feb
42
Jan
*
39%
38%
39 Va-
8% Oct
6% Nov
67/b
2% May
3Va Jan
5%
Sep
Oct
73/4 Jan
Apr
90
108% Nov
8
85
Jan
Jan
400
■
8
Jan
May
107
Jun
2% Mar
6
900
78
Va'.
78
80
'
'
i
:
■
100
Jan
May
Jan
%
Jan
13
Apr
3% Nov
4% Jan
10% Jan
70 V4
Apr
83
Jan
Apr
Feb
64%
Nov
61%
47
350
x4 7»
~8V4
225
6%
3%
5Va
150
5%
61
5%
6,300
Jan
Cockshutt
Cohn &
Plow
~8
33'8
3%
51
48
50
H
1,050
'
1
27
75; ;■
76
76
4
4
Va
-
6V4
Apr
27
Mar
Commonwealth
Community
Community
Water
8
5
16%
Jan
V
t
c
extended to
Gas
Conn
Telephone & Electric
Jan
Consolidated
Jan
Jan
Nov
1
1946
Coke Secur common
Conn
&
25
1
Service
Jan
1% Nov
411
Feb
6 Va
-
■
•
4% Jan
52, Jan
20
40
Apr
82%
Jan
40
Apr
Jun
82%
Jan
500
3%
100
~~Va
1,200
28%
225
5)4
5%
300
5Va
5%
A
27
5%
■
-
100
6
July
Nov
l/B Apr
4% Nov
21
Sep
4V4 Sep
3V4 Jan
% Mar
3%
Jan
6% May
"l% "l%
X53%
450
{II-
'
-
5,000
14%
500
—
32
332
Sep
1% Nov
4% Aug
7%
May
Apr
1/64
Apr
1
X53 % NOV
Sep
13%
Jan
7
Apr
3/4 Nov
4
%
1/64
Mar
6%
2
15 V4
14
Va Feb
5
Mar
2,500
1/64
Mar
35
2
190
23%
22%
12
700
1V4
58
X53VZ
23
2,100
Oct
2% Jan
72%
Jan
Jan
34
1%
Jan
Nov
1/256 Mar
300
Jan
6% Mar
15
% Mar
900
4
3Va
4
4%
Compo Shoe Machinerv—
&
Ren
10
warrants—
Public Service
Sep
3/4
A Feb
Southern
Nov
55
Apr
..
1
Jun
-Tan
2% Apr
preferred.100
Gas
&
Mar
4%
A
Oil
Fed
3% Nov
Sep
11
—
1 Va
25
Apr
Jan
14
10
78
76
warrants
Arms
Columbia Gas & Elec 5%
Jun
lOVi
Fire
Columbia
36
Jun
Patent
Oct
34
6
Fuel & Iron
Colt's
Sep
Aug
8% Aug
Airlines
Feb
Mar
34
Feb
Colonial
Sep
2Ve May
2 Va
""l%
ordinary—
Jan
28 Va
•
Rosenberger Inc
Development
6
A Mar
...
,*
•
%:
Utensil Co.———•
Co common——•
Aluminum
8%
30
1,700
3
Feb
Mar
3%
——100
Corp.
11%
101
3«V4
3
^
*
see
——
Jun'
*
117
1,800
10%
common
optional convertible preferred
For footnotes
iff
1
common
Ridge Corp
30
36
/if
iff
20
__
36
6
3%
Illuminating
223/4
/
Apr
1,200
__
36
Oct
4%
113% 113%
4%
Jan
6% May
•
Blauner's common..
3%
3,600
*
Birdsboro Steel Fdy & Mach Co com.,.*
2% Aug
Nov
6%
113%
900
Cleveland Tractor common
21
1
common
2% Mar
Feb
Va
101/4
—
4%
9 Va
3%
.100.
preferred—
3% Nov
A
A
—*
60c
L.
*
$6 preferred BB
•
Cities Service P & L $7 preferred—_*
$6 preferred
——*
City Auto Stamping
*
City & Suburban Homes—
10
Clark Controller Co
T——...1
Claude Neon Lights Inc
1
Clayton & Lambert Mfg
4
$6
.
—
—
__
•
$2.50
21
7
...—_1Q
33%
500
1
4'/a
4
3%
Bickfords Inc
Jan
Jan
85 V4
934
....._—1
.100
Mining
Jun
2 Va
6 3/a May
4
Consolidated
27% Aug
3
1
--
8
•
Oct
25
10%
...
8%
Hedges common
preferred
Berkey & Gay Furniture
Apr
Jun
105
105
—
Childs Co preferred
Cities Service common
%
%
6Va
1
&
2
Nov
31%
x47/a
1
Convertible
1% July
19
72 % May
1
10
—5
—25
5
4
;
common..
3
20
common
Tel of Canada
Bell
% Aug
77%
60
Co..5
Chamberlin Metal Weather Strip
106
3%
-
10
$1.50 convertible preferred
Aircraft Corp
Jan
Mar
84
83 %
83%
1
Sep
Corp
700
108% 108%
—'
'
50o
Co..
Nov
67
Colon
Beech
1%
6
100
South West Utilities
&
A'rcraft
Colorado
Beaunit
A «h*iy
3Va Feb
4% Jan
com..—•
preferred.100
5% pfd—100
Products.——.
Steel
Ohio
Central
1,300
•
—*
1
America
800
-w
.
70
-
*
'
~6
"Ludwig"
^
Nov
Jan
8
104% 105 1
104%
*
1
—__1
Products—
,..
l
Brummell Ties Inc
Beau
Feb
%
90
■
38
100
__5
common
Jan
% Feb
5%
.
—
Light $7 preferred..*
500
Mfg—
convertible
13
xl9 %
X9V4
common..
preferred
$6
Club
Refractories Inc..
12 Va
Jan
1,000
x9 V*.
—....—•
—_...—
3,200
___l
....
91% Jan
Sep
121
*"%
..1
,—
Products
.*
& Co Class A__—.....—*
City
9
iS Jan
7% July
200
% Mar
2%
common
preferred
Jan
2%
100
2
Baldwin Locomotive—
7c!o
Oct
15%
15%
*
preferred
Tic
Capital
B
Babcock & Wilcox Co
Apr
Industries Ltd—
Canadian
Canadian Marconi
.
25
,
4%
77% Jun
*
:
Nov
5
preferred—*—
14% Oct
42
A
18
5
25
voting
Nov
2% Mar
_•
.1 '
1._
Sep
Alcohol-
Industrial
A
2%
62
__5
—
Plywood
Oct
%
2% Apr
7/» Mar
100
3%
10
participating preferred
Canadian
3%
—
"
...
Forge
Atlas
80
-
Apr
11% July
__
1
Atlas. Drop
12% Aug
6V4 Oct
•A
A,
3%
20
pfd__100
Canadian Car & Foundry Ltd—
1%
4%
50
...
Aug
V4 Aug
V4 Jan
200
iff
50o
Assn....
1%
6
6
100-
Co
Corp
8 V4 Mar
11 Va
Ltd 6%%
8%
1 Va
__
'4%
__1
Atlantic
Jan
5V4 Aug
61% Sep
_50o
Corp—
Jan
100
Atlantic .Coast
May
11%
..
*
•
Insurance
Fire
Cement Co
1%
.
•
& Coast RR CO
Jan
11
'
Birm
Feb
14 V*
31% Jan
14
_12%o
Tungsten
Cessna
Atlanta
Nov
Jan
55 Va
Oct
__
2.50
certificates
2%
800
.
t
97%
■
•
Associated Tel & Tel class A
11
1%
1%
*
,
Electric; Power....
Central
dep rects reg—
Jun
Mar
25
1%
* 1 Va
"
5
Associated Laundries of America..
40
Va Oct
8
_*
Sullivan
&
trust
Canada
.
Electric Industries—
American
Apr
3 Va
100
.50
Sugar Estate
Camden
85
,
Callite
26 Va
Jan
A Jun
Canada—.—.* * "■;—
Associated
60
10
10
5
:■
common
Line
8%
lVa
,
Co....—....1
Refining
Jun
V* July
11
...—1
Cable Electric Products common
26% July
Apr
18% Mar
—
&
Jan
2V4 Feb
10
•
$3
California
800
'
l'A
9
96%
97
class A non-voting...
*
preferred..—
—;
10
Arkansas Power & Light $7 preferred.*
Aro Equipment Corp
..1
Oil
Jan
1%
■
11
•
100
2'A
9
6%
Art Metal Works common...—....
8V3 Jan
20 Va
30 Va Jun
1
common
900
3%
2%
-.v
...
Common
Ashland
1% Jan,
300
•
:
Oct
Nov
Apr
33V2
2\\
Apex-Elec Mfg Co common
Appalachian Elec Pwr 4%%^ pfd—100
Arkansas Natural .Gas common
May
Oct
9%
10% Nov
Jan
Jan
100
2%
3%
2 Va
«
,
1
—
2,400
May
3 Vc July
20% Jan
Feb
15,800.
2
Angostura-Wupperman
3%,
7
%
..
2-Va
•
.
4% Jan
52
•
1
common..
Burry Biscuit Corp
18
600
Va
.
5
common
Sep
22
39
2%
J
*
5%
Thread
700
2,700
V» Sep
■
%
$6 series preferred.
3%
...
10s
preferred
Burma Corp Am dep rets
Apr
,
>
Wire
Co
Hill
Inc
18% Mar
400
9%
10%
7
Nov
,
~i%; "e
$5
Bunker
Burco
31
300
19%
NOV
100
5 % May
19
£1
—
preferred
1st preferred
32
79%
—
Sep"
3 Va
.
Niagara & East Power—
24% May
50
'
A
1% May
A Jun
♦
Distillers
Pipe
27 Va
350
21
American Superpower Corp common.•
1st $6 preferred
—• /, —
American
(EL)
Jan
Nov
104
7 Ve Mar
-
11
25
;
12%
1% May
700
29 Va"
31%
51
•
*
Apr
28 %
—.
„
%
82% Mar
625
July
41Va
Apr
13%
5,500
18%
3 Va
10%
400
96
36
July
"A May
400
%
10
.£1
$1.60
V
*
'
(,
.
1.
preferred
Bruce
4
28% May
3a
Jan
200
Ltd—
Oct
350
Republics
a—_—10
Seal-Kap common+....._—2
American
80%
14%
200
Mar
Tobacco—
preferred
Buckeye
6,400
21
1
Co......
Chemical..
Potash- tfc
American
$6
Oil Co
Brown Rubber Co
Feb
37%
34
Nov
Nov
Jan
100
Meter Co——
American
A
6%
Va'
24
300
•
Fence &
Class
14%
__
common....—.100
Maracaibo
r
Brown
Brown Forman
Apr
36 Va
3%
•
common
dep rets ord reg
Jan
31%
—25
Preferred
American
Amer
4%
900
Mar
%
9%,;
10 Va
100
...
Celanese
4 Va
3 Va
Mach
Co
Feb
Am
British
550
''%
29 %
20
American Light & Trac common—.25
6f# -preferred
—-—
25
American
i
dep rects ord bearer.....
dep rets ord reg
1,000
%
1
Hard -Rubber Co—a
American
Va
11%
Jan
Am
14%
19
1
$2.50 convertible
American
Co
A
14%
96%
-preferred
convertible
NOV
....
.
Mfg
Class
14
__
...100
American General, Corp common___10c
$2
7/a
Jan
35
..*
common
Electric—
&
7%
Jun
42
6 34
%
_•
...i.
preferred.,
~5% ~5%
36 Va
Va
10
Hoe
100
Va
Power warrants
&
11%
10
A
non-voting_
American Foreign
•
1
„
American
Nov
5
Feb
Nov
6
3
3%
♦
Brack Silk Mills Ltd...,
I
Class B
Nov
Light—
A
A
4% %
&
57/a
25
Mfg
Nov
Jan
65%
*
.1
Power
class
81%
104
24% May
3%
Sep
1% Mar
50
%
3
1
...
High
4
'
1
A
B
American
A JuJy
11%
.*
.
prior preferred
American
5
10c
-
,L»
preferred
$5.50
Co
24
100
class
Corp
Class
American
Sep
19
30
700
Capital class A coramon._10c
24
—
•
Preferred
Brill
British
% May
%
common..—1
Box
American
Lgt & Pwr
Machine.-
British
Sep
A APr
.100
Co~—
American
Low
800
33 May
6%
Bridgeport Gas Light Co
Jan
7
Jan
Va.
*
Aeronautical.
Brewster
12% Jan
Sep
90%
76%
78%
6
100
common
114%
Apr
5
Range Since January 1
High
*
common
Traction
Feb
May
4Va
Low
...
.
105
Apr
99% May
;• 200
—
.100
1
common
Board
-
>
...1•
common—
preferred
American Beverage
.
•
•
common
78%
1,300
Inc
1st preferred
2d preferred
Brillo
103
99
-101,
on
Jan
3% May
Jan
Va, May*
21%.
Mar
83
Sep
Sep
73
89
80
%
25
conv
Feb
2%
1/64 Nov
—
•
.10
common
Class'A
8%
•
__——
25
Jan
Oct
Shares
*
Borne Scrymser Co
Jun
600
101
shown
for Week
.100
Oct
79 Va
100
are
Sales
Range
of Prices
*
common....,
1st preferred
6
2%
$3 conv pfd
(Mich)
Products
Co
Jan
800
Va
78.
►
—
*
Allied Inll Investing
7%
1 Va
1/64
1 %
Alles & Fisher Inc common—;...—
Allied
Oct
21%
Week's
Last
& Co
(S)
(H C)
1%
.
•
preferred...^
$6
.
—
»-*-»
1 "
50
preferred
Bohack
4
500
'
Jg May
19% July
'
Great ..Southern—
Blumenthal
4%
6
-
Electric 'Appliance.——3
Alabama
Feb
Mar
5Va
Mar
41/* Jun
6
Friday
Sale Price
Exchange
Par
,
Warrants
Air-Way
$7
20
10
preferred
Alabama Power Co
22%
—2
common—.
Convertible
16% Sep
1
Curb
Week Ended Nov. 27
High
LOW
High
20
-1
B——
Ainsworth
New York
Range Since January 1
10
common-
Supply Mfg class A
Class'
Low
range
the New York Curb Exchange for the week beginning
on
STOCKS
Shares
Par
outside the regular weekly
It is compiled entirely from the daily reports of the Curb Exchange itself, and is in¬
bond, in which any dealings have occurred during the current year.
for Week
of Prices
Friday
Exchange
Curb
Week Ended Nov.
record of the transactions
complete
Sales
Last
Sale Price
STOCKS
New
RECORD
(Nov. 27, 1942).
include every security, whether stock or
tended to
YEARLY
they are the only transactions of the week, and when selling
computing the range for the year.
NOTICE—Cash and deferred delivery sales are disregarded in the week's range unless
in a footnote in the week in which they occur.
No account is taken of such sales in
Biscuit
Corp
Co
Consol GELP Bait common
4%%
47*
series B
preferred
preferred series C
Consolidated
Gas
Utilities
73/8
7
,
,
A
1
7%
750
"2%
2,400
1
3a
"2%
53%
109% 112
102
—
101
1%
102
1%
300
80
180
400
Jan
A
Jan
9% Mar
V4 Sep
Jun
Jan
7/a
53%
•
1
.
——
100
100
~2.
18
Apr
Oct
7
•
1
Mar
13
2%
Jun
2% Oct
39% Mar
54
Oct
Nov
Apr
115
Oct
963/4 Mar
104
Aug
2
Nov
106%
1»A
Jan
Monday, November 30, 1942
CHRONICLE
COMMERCIAL & FINANCIAL
THE
1934
II
NEW YORK CURB
EXCHANGE
Last
Range
Sale Price
York Curb Exchange
Ended Nov. 27
New
of Prices
Shares
Ltd_
Consolidated Mining & Smelt
Consolidated Retail Stores
preferred
Consolidated Royalty Oil
Consolidated Steel Corp.
Continental Gas & Electric
—~
8%
Co—
Aug
107
July
General Shareholdings
Jun
7%
Oct
convertible preferred—
General .Tire & Rubber 6% pfd
88
Jan
Jan
Apr
Jan
10%
Sep
Jun
~5%
"5%
*5%
3°2
100
_1
.
II
1
1%
-
-
Jan
Petroleum
Wheeler ElectricCo
Brewing
.-
:——
Jan
*
9%
XlO
'
"l
53,200
4%
Jun
10%
Nov
%
%■
700
32
Jan
,3o
Nov
1 % May
International A
Cork
Crown
Co common—.—
convertible preferred
Crown Drug
"
°'f
Cuban
Lighting
Jan
6%
Nov
Gray
Apr
1
Sep
Jan
21
x%
600
13
18%
18
25
A
200
Aug
Jan
10%
Jun
1%
1
Nov
6 %
50
Jun
15%
1V«
1,600
11%
11%
11%
Feb
Great
Sep
9
Aug
Gulf Oil Corp——
Nov
May
5
Jan
Apr
45
Nov
July
4%
Oct
Jan
14%
Sep
25
Nov
32
Jan
5
-
.,100.
,
...
•
"
.
Sep
9
100
10
Feb
July
100
Jan
92
',71 ' *
72
132
Jan
19% Aug
29
Jan
/
.
2
58
25
72
3%
875
,.,',132
Oct
Mar
200
3%
3%.
Oct
1% Jan
Apr
28
100
4%"-:4%;,
124
4%
Aug
Nov.
May
4
Oct
Apr
83
Jan
134%
Feb
NOV
.
:ia
ilj
2,900
A
26 %
26%
50
26%
Jan
Jan
Nov
•
•
*
—
%
30
Oct
23
100
21%
21%
6%
6%.
35%
Jan
7% Mar
Jun
5%
100,
1% Ju'v
Feb
%
l25c
39
Oct
Apr
108
Jan
92% Apr
109
Jan
2% May
3
Va Nov
24% Mar
2,200
37%
x36%
x36%
-25
-
91
pfd
preferred-.
$6
25
3%
3%
3%
Alabastine.—:—
Gypsum Lime &
88
Jan
-25
Utilities $5.50
States
Gulf
May
Va
i
Stores Products , common.
Grocery
Oct
-
.
,
.100
Paper—
Northern
Jan
30
.stock-
New
Greenfield Tap & Die—*
1 % May
10
common.,
preferred——-.
York Brewery—
1st
Greater
Jan
103
10%
7,300
13%
26%
:
v.
5'. ,5
92 Va. 92%
.
—1
7%
Apr
26
■
-Mfg
Non-voting
Jan
%
Va Mar
4
•
2.50
5
Inc common
(Mo)_
Co
Curtis Mfg
3% Nov
4V2
A
5
common
Tobacco
Curtis
1% Sep
300
18%
*
10
Oil Refining common
$6 preferred
Cuban Atlantic Sugar——;
Crystal
900
6%
%.
...
25
xl2:
:
3
II10
—
Jan
34%
Apr
3
Rapids Varnish:.--—:—__
—5
Co—
'—-i—a—„
Great Atlantic & Pacific Tea-^-
2%
Aug
July
•
common--—
Mlg
Nov
7
4
92%.
Grand
2%:
2%
5
•
25c
99%
86%
—1
1% Oct
6%
*
Crowley Milner & Co
Crown Cent Petrol
(Md)
21
175.
—50
preferred-——
$3
Gorham
200
375
2 %
103% Aug
41
5
Inc class A—
Gorhani
Jan
80
—
Mfg Co——
Goodman
Oct
19
Apr
54
Apr
1%
————
-
Nov
35%
80
30%
98%
98%
12
Consolidated' Mines.
Goldfield
17%
10%
xl6Ve
Xl6 %
-5
11%
B
%
A May
1,600
50
3%
—
preferred——A———
$7
3,400
Co„
Class
Jun
Apr
*
*
—
Alden' Coal_i—
Godchalik* Sugars class A
4% Nov
Mar
____-:
Oct
Nov
A
30%
Glen
Sep
Jan
16 V*
Oct
12%
Gilchrist
—
73%
28 %
96 y2
Jan
1%
Jun
common—ml
(A C)
Preferred
Jan
84
.£1
—
Crocker
Va
Jan
%
-50
(ord reg)
Oct
%
2
Courtaulds Ltd—
American dep receipts
6
1
400
-
Gilbert
67% May
30
82
80
Nov
9
iV Jan
100
12
,u.—.
•
38%
4%
550
A
U2
Nov
Jan
31
"%
1(V.
•
*
*
—*
*
preferred--.-—
Georgia Power $6 preferred$5 preferred
,V—
$3
Apr
July
%
•
48%
A—100
Electric common—1
Water Gas &
Gen
12%
6%
500
8
7%
High
Low
20
300
28%
27%
.
*
$6
7%
—
_•
convertible preferred
Jan
Apr
y2
28
stock——..——*
Corp-com
-1
1%
7%
1,500
10%
9%
9%
.50
—
A
Jan
3%
700
6
•
7 %
&
Rayon 1 Co
General
0
Reynolds
$6 preferred A——
Cosden
Petroleum common
Croft
4
July
60
-1
Copper Range Co_
Cornucopia Gold Mines
Creole
5%
5%
—
Cooper-Bessemer common
$3 prior preference
5 7c
Mar
1 Va
-100
Continental Roll & Steel
Cook Paint & Varnish Co
Corroon
3
*
Range Since January 1
Shares
55
6% pfd
100
Public Service $6 preferred—*
General Outdoor Adv
31% Nov
Jan
107
1
-100
for Week
,
High
Low
Par
General
—10
preferred
prior
7%
550
30%
29%
29%
5
251/2
Sales
Range
of Prices
High
Low
High
Low
Par
Ended Nov. 27
Week
1
Range Since January
Week
Curb Exchange
York
New
for Week
Week's
Friday
Last
Sale Price
STOCKS
Sales
Week's
Friday
STOCKS
D
Darby Petroleum common
Davenport Hosiery Mills
Rubber Mfg
A convertible
Dayton
Class
preferred
$6 prior
25
Jan
3%
Jan
2V8 Mar
Jan
51% May
110
110
1
1
Iron
Gray
nov
6%
Mich Stove Co
Steel
common
De Vilbiss Co
Shoe
Diamond
common
Products—
common—
Divco-Twin
Truck
Dobeckmun
Co
common
;
common-..
Ltd
Steel & Coal B——
Dominion Bridge Co
Dominion
4
Hecla
Mining Co
Sep
Helena
2%
Nov
14
Jun
5%
100
10 V4 Mar
5% Jan
Feb
x6
Aug
17% Aug
19
Apr
3%
Jan
4%
57
25
—10
Durham Hosiery class B common-—.*
Duro Test Corp common
_1
Duval Texas Sulphur
*
57 %
25
July
52
40
20% Mar
150
Rubenstein
%
Jan
7%
Jun
Jan
67
25%
Oct
1
Mar
Feb
8
July
6%
Heller
Co
Hewitt Rubber
4
10
Lead—
Picher
Eagle
East
Gas & Fuel Assoc
Hoe
prior preferred
% Vo
Eastern
States
Corp
$5 preferred
Washing
preferred-:
preferred-.
Electric
Horder's
"2
9%
42%
5%
5%
Jan
3%
12%
%
36% Aug
63%
Jar.
%
A
77
50
57
May
149
149
30
81
May
r153
rl53
10
85
Mar
77
77
168% 168%
150%
Oct
155%
159%
Sep
Apr
168% Sep
Apr
25
Nov
Jan
6
A
A
2,000
20%
19%
20%
2%
2%
2%
1,400
Pipe Line common-—
50
May
2%
23%
Oct
Apr
4%
Nov
1%
7
7%
9%
8%
9%
4%
4%
54
150
83
74
5 Ve Mar
150
2%
;
2%
Co
Nov
Jan
44 % May
68
Sep
—
16%
500
— —
Jan
64%
Jan
103
5
1
Distilling
15
-1
*
—100
Nov
Jan
16%
Oct
11
Jan
16%
Oct
May
10%
Feb
Nov
t
2%
Nov
20
Nov
Jun
15 Va
18
July
Jan
1
Illinois Zinc
Co—
#
100
—1
*
common
•'
"3%
Gellman Mfg Co common
>
General
Alloys Co
Co
Co Ltd—
Amer dep rets ord reg
—
General Finance Corp common—.
5% preferred series A
General Fireproofing common—
Gen Gas & Elec $6 preferred B
International
International
International
International
For
footnotes see rwsre
1937
£1
1
10
*
*
%
2%
B
Irving Air
40
Mar
50
Aug
Jersey
Feb
5
61
"
Nov
2%
Nov
May
13%
Jan
3%
Oct
5%
Jan
8%
Nov
6
Jan
8%
200
8l%
Oct
9
Jan
2Va
Jan
70
86%
Apr
12%
Apr
1,800
92%
■
Nov
5% Nov
107%
Jan
10
12
Apr
26
Oct
22%
120
12
Apr
26%
Oct
%
200
„
% Mar
325
69
800
100
10
17%
Aug
Apr
55%
12
77%
Jan
Aug
1%
Feb
1%
Jan
4%
400
2%
2%
1% July
Feb
7%
13%
68'A
Jan
J3
2%
Nov
"5%
1 %
6,700
ly8
.
1%
Nov
Apr
7%
Nov
13%
Oct
Jan
13%
Nov
4
700
12%
1 %
12%
8% Mar
9
""l%
"2%
Jan
800
%'
%
200
2%
100
iV
I'ii
600
7%
7 %
50
2%
Nov
6
% Aug
iV Feb
July
2
A
3%
Oct
Feb
10
22% May
"3%
"3%
31
3%
200
15
Nov
Mar
% May
100
Va
8
1
Jan
7% July
700
%
aa
Oct
8%
Oct
23
July
1%
Nov
3/a July
Jan
10%
i
Feb
Apr
Aug
6
—*
—1
.'Co—_L.
•
Co4m—.
I100
Central Pwr SeLt 5%% pfd.
(F L)
_1D0
preferred—
preferred—
2%
2%
.
1 Va
.
7%
Jun
15
9% Mar
A
Sep
33a
Nov
1%
Jan
Sep
Nov
2
Nov
Feb
15%
59% Mar
102%
Jan
Jan
63
,
„•
1,500
1%
.
600
-.
.
.v*
Jan-
Oct
25
60
May
81
Jan
Jan
7l '
71%
170
61
Apr
88
81%
71
81V2
10
68
Apr
95
Jan
Nov
12
Nov
50
#
11%
12
11%
20
'
Elec 7%
—
_5
111%
:~5%
"5%„"5%.
450.
...
Lighting 7% .-pfd B_^_>
preferred-J>.—„
u
Kings Co.
5%
Kingston. Products.^'Kirby
Petroleum.:
'—
100
100
1.
1
116
July
8
4
Mar
5% Aug
Jan
27% Mar
T
1%
.1%
1%
-
1%
vl%.
,-t,
400
100
53
19
,
.
Jan
Jan
6
,n3:% 113%
preferred—100
Ken-Rad Tube & Lamp A„
Nov
7%
,
1 V»
'
K
Kansas Gas &
Sep
Sep
3
1,"
63
_100
Kennedy's
6
'
Nov
23%
1
12
Sep
•/• Jan
A May
.1%
Apr
Mar
A May
16 %
13%
68%
July
2
—.
Nov
3,000
8%
_*
*
1
—
% Nov
—
30
3%
Jan
Feb
Oct
11
6% \
90
Nov
23
1
Italian Superpower A'i——
25
90
Sep
%
Oct
47 y2
12%
9%
100
Va
%
Jeannette Glass
200
A
Jan
22
voting trust- ctfs—*
Chute—i
Mar
Feb
5%
92
—*
*
$7;preferred:—
Power
Jan
6
Jan
2
300
3%
■
•
8%
8V4
,——.*
;.
*
Royalty;.——
Fireman Mfg'
Oct
5%
%
600
*
*
——-*
Investors
Jacobs
14
1,000
1,600
Razor B__
Interstate
Oct
13%
62
2% Aug
23
:.50
preferred
j
$3.50 prior preferred—.
;
Interstate
Home Eonfnment
Interstate Hosiery. Mills.—L
Jan
46 % Mar
■
1
*
Petroleum coupon shs„*
—
Apr
.
2,100
2
1
20% Jan
52% May
% July
112
Jan
15
23
International Utility, class A„
Class
Aug
27%
12% Aug
8%
Industries Inc—
International Safety
——
—
Jun
700
5
92%
—100
Registered shares—
;
International
Products—;
Sep
3
Jun
21%
7% Mar
Metal Industries A
Oct
6% Aug
Jan
31%
100
14
•'
8%
America-——10
Cigar Machine
*
35%
——
24
325
1%
100
———
Mar
Gen Electric
Oct
Jan
''A
~
8%
of North
25
—
16
12
9
7%
preferred
7 %
Insurance
150
—
Jan
Apr
_*
;
Industrial Finance vtc common:
47%
—
Oct
27% Mar
60
22%
23
2.
preferred.
7 %
32%
.
Jan
7%
2% Mar
%
Indianapolis P & L 5 %% preferred_100
6% preferred
100
32%
—
29
" ~3% ~
..
Indiana Service
12
—
Jan
17%
5
6,100
""%
—£1
Mar
«...
Feb
88%
.% Aug
•
50
Ireland
8
——
11%
Oct
4%
*
———5
Indiana Pipe Line.
300
3%
Power Co
preferred-
Oct
5
Julian & Kokenge
5%
Nov
12
—
58 V4
60%
3%,,3%
—
Jan
6%
12% July
65
75
71
—
14
'
:
—
59%
Jan
24
3% Mar
107% Aug.
£1
;_*
Registered
————
♦
Imperial Tobacco of Canada—_s..
5
Imperial Tobacco of Great Britain &
7 %
Gatineau
Jun
20
.
23%
23%
Chemical Industries—
Am dep rets regis
—
Imperial Oil. (Can) coupon—.
u
8% Mar
5%
6%
Apr
2%
'
convertible preferred
Div arrear certificates—
2%
10 •%
100
Jan
__1
5%
10%
18% May
II'
10
5%
12
1
-
Power -'.'o
Iowa
10%
.
7% Aug
100
I
Illinois
800
2%
2%
100
29
29
Co
1st preferred.—
for
c
Hydro-Electric Securities
Hygrade Food Products
Iron
Nov
17
Malt common-——1
participating preferred
Fuller (Geo A) Co
$3 conv stock
4% convertible preferredConv
2%
10
2%
1
Brewing Co
Feb
1%
1,400
10c
Froedtert Grain &
9%
5
Sep
8
16%
•
*
•
—
(Peter)
Jan
3%
600
52
2%
7%
1%
1,900
4%
Jun
Jan
6 % Mar
1,800
Indus Engineer-
$1.50 preferred
Franklin
7%
Jan
Jun
8%
■s.6IA --7%
,;6%
_5
International Hydro ElectricPreferred $3,50 series—
9%
7%
400
"7%
V
Apr
Jan
600
1%
£1
Worth Stock Yards
Common
Fox
7%
7%
Co Ltd—
voting
B
Nov
21
2
2ya
Jan
9%
5
——*
$1.75
rets ord reg
Ford Motor of Canada—•
Class A non-voting—
Class
Jun
10
Nov
19
1
dep
Foundation
%
Apr
13%
1,000
1
Ligonier
Hussmann
Huyler's common—
Nov
5
-
Corp—
HummefrRoss. Fibre
Nov
Apr
18%
1
1
Fairchild Engine & Airplane
1
Falstaff Brewing
1
Fansteel Metallurgical—
*
Fedders Mfg Co
5
Fire Association
(Phila)—
10
Florida Power & Light $7 preferred—*
Fort
Jan
89
20
'
%
Fairchild Aviation———
r
Jan
5%
81
82
—
Am
Aug
153
.
Inc common-
Feb
Jan
rl48
r
5
10c
9
28
4 Va May
200
4%
Aug
Imperial
Apr
4%
6
"»-
—_♦
100
-
Humble. Oil
Nov
2% Mar
300
1
-
t—
.
(Harvey) Inc„:
& Refining——,
Hubbell
Jan
5/64 Apr
5,900
6%
K70.
Oct
Jan
34% Aug
350
Jan
4%
——*
Nov
500
1,800
common—
Hardart—,
preferred—
2% Nov
60%
20
Electric 6% pfd
6% pfd_.
Inc
Ford Motor
Apr
5%
4%
———4
Equity Corp common
$3 convertible preferred
Evcrsharp
38% July
Nov
2
10% May
100
1
Co„___—.—_15
Derrick & Equipment
Eureka
17
Jan
—
100
100
6%%
preferred-.—
———100
7 %
preferred—
——
,_10Q
8%
preferred—
100
Empire Power participating stock
*,
Esquire
Jan
6%
Va
%
Sep
Jan
%
17
1,100
44
42%
22% Mar
33
70
7,900
40%
40
Empire Gas & Fuel Co
Emsco
Sep
Jan
33
Jan
100
3
~1%
Light 2d pfd A—.*
Electrographic Corp—
Elgin National Watch
Emerson Electric
Mfg
Empire District
%
9%
-
■--*
*
warrants
Option
400
33%
3
May
Jan
--
33
Jan
Jan
25
'
33
1%
52%
19
—
:
.&
5%
6%
5T«
—9
_•
& .Co common..
Co
C>
Oct
3% May
8%
5
—
—
(Geo A)
(A
31%
common
Inc
Jan
25% Mar
'
Apr
41
16%
11'
11
5
——
Power &
500
•
•
Grocery Stores
Electric Bond & Share comraoa
$6
19%
—
—1
v t c
Machine B
Economy
$5
19%
*
•
preferred series A—
preferred series B
Eastern Sugar Associates—
$7
$6
Easy
275
25
*
Malleable Iron
Eastern
45%
19%
100
preferred-
67®
%
44%
Co
Holophane
Jan
8%
;
Consolidated G M
Hollinger
Hormel
% May
900
1
%
45 %
*
100
common
6% Aug
1,100
common-
Chemical
(R) & Co class A„
Jan
100
6%-
•
5
10
10
Heyden
Horn
Va
8
& Co participating A
Henry Holt
Nov
2%
300
25
—
.
4
20%
Sep
1%
4%
4%
—2
;
,
Apr
1%
.
Horn
7%
common.
Preferred
Feb
1%
30%
-1%
30%'
30%
*
•
_
—
Oct
3%
Jan
A
200
8%
—
Class A
29% July
3% Aug
500
5%
"5%
Harris Co
Driver
Jan
1
\l
14% May
5
50
—25c
Jan
Jan
2% May
1,200
4
3%
3%
1
Dept Stores common——
preferred
May
1% Aua
—
—
19
46
%
100
...
convertible
7% Aug
3%
Corp_—
Hearn
29% July
.—*
Corp
Draper
10%
of America B non-cot com
Hazeltine
6%
1% Feb
200
Hat Corp
Nov
13
Jan
Co__—
Brewing
Feb
8%
ctfs
voting trust
Rayon
Harvard
Jan
18% Mar
Xl7% Aug
1
1
—10
_10
*
1
_1
*
-25
Foundry—
Detroit
Detroit
Hartlord
Oct
Jan
Apr
40
'
%
%
4% May
Feb
15
200
18
17
18
10
25
1
1
Electric Light—
Hartiord
49%
% May
Detroit
Lamp Co_
—
Hammermill Paper————
1%
Feb
7
*
Detroit Gasket & Mfg
1
6% preferred without warrants—20
3%
•
5
Hall
Jan
Jun
39 V2
200
*
Aug
Apr
%
10
H
Nov
,
110
Mar
105
100
Derby Oil & Refining Corp com
A convertible preferred—*
15
Jan
1
200
5
—50
debenture-—
8%
"3%
3 %
1
——
Oct
8%
Feb
37
—35
Dejay Stores
Dennison Mfg class A common
700
12%
May
18%
2%
"l2%
5
14
400
8
8
5
*
1
—
39%
Jnn
1%
Oct
2
Feb
.!
.
1
Apr.
Jan
.1% Mar
.
Jan
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4129
156
1935
NEW YORK CURB EXCHANGE
STOCKS
York
New
Curb
Friday
Range
}
■
Sale Price
'
Klein
Emil)
(D
Kleinert
Knott
common
Inc
Kreuger
Brewing
Co.
*8%
1
|
f
-
Sep
7%
Jan
12% Apr
8% Oct
2
—
Jan
4%
Oct
preferred
Nehi Corp 1st pfd.™
Oct
10%
Feb
Nelson
99
Sep
7%
1
i
O* O
A
89
90
90%
Jun
81
National
~4%
1
~4'/a
52%
Feb
Feb
13%
Navarro
Apr
300
for Week
Shares
Oil
Low
%
%
500
10%
10%
200
%
102%
*
.
~3% ~3%
3%
200
Aug
Apr
4%
Oct
% May
I
Feb
1%
Oct
%
*
.100
*
England Power Associates
6%
preferred
$2 preferred..
Feb
84
6
•
New
Mar
113
Aug
2Vi,
.*
% Aug
11
Sep
84
5
High
Feb
95/a Aug
100
class A
Co
Range Since January I
High
*
Co
(Herman) Corp
Neptune Meter class A
4'/a Nov
Low
30c
Nebraska Power 7%
Feb
2%
10
Apr
12 Va
,.100
Radio
Union
Nestle Le Mur
50
Sales
Range
of Prices
Par
Va Mar
100
Week's
Last
High
Sep
-
.100
...
Friday
Sale Price
Exchange
9 Va
I
VM
1
•
special preferred—
(S H)
t
10
Koppers Co 6% preferred—
Kresge Dept Stores—
4% convertible 1st preferred
Kress
Low
High
Curb
York
Week Ended Nov. 37
A
♦
,
Corp common
Stores
New
Range Since Jannary 1
—.1
Rubber Co.—
(I B)
Kobacker
.
Co
Shares
Low
Par
Kirkland Lake O M Co Ltd
STOCKS
for Week
of Prices
Last
Exchange
Ended Nov, 27
Week
Sales
Week's
Apr
1%
Jan
Apr
30%
Jan
26
25%
26 V*
900
19 Va
88%
88
90
230
80%
7 Va Aug
9
Oct
7Va Aug
■
New
*1.<
Lake
(N J)-_—
Ltd.
Mines
Shore
18
100
x7%
Wells Co
common
17
Oct
6,700
5
2%
300
2
400
2
Jun
Jan
5
Vi May
8
-
3%
x6%
43% Mar
May
July
3%
7Va
"2%
■'
--
_1
t..i.
640
19%
•
100
1
Lakey Foundry & Machine
1
Corp of Delaware—;—,—5
Lane Bryant 7% preferred—...
100
Lamson
Lane
18
•
XS
100
%
13'A
Langendorf United Bakeries class A--*
9
Jan
3
Jan
3% Nov
102
July
7
Nov
ltf
Apr
"4 Va "4%
•
.25
"4%
Va
VB
Vb
23%
23%
23%
300
_
—_——5
6
Lone Star Gas
Corp
v
—«
-
Racking:
$6 pfd
Conv7%
Lynch
1st pfd
Corp
20
common
•T
'
L
13
.
Apr
19
23%
Oct
t
Sep
3 Vb
Apr
93
10
r
12
:
16%
150
N
Y
&
N
Y
4%
••
102.
May
N
Y
Power &
$6
N
Mangel
2%
Stores
convertible
$5
Manischewitz
Mfg
International
Marconi
munication
Oct
Jan
13
Jan
Nov
12%
Mar-
Oct
23-
Co——
Marine
*
24
Steam
t
v
1"
Jan
3%
55
Sep
Oct
Oct
8%
Founders
N
Y
State Electric & Gas $5.10
Y
Water
Service
Niagara Hudson
5%
Massey Harris common
& Mfg B—
McWilliams
&
Co
*
Memphis Natural Gas common
Mercantile Stores
.2%
—5
2
Sep
11
%
Participating
preferred—
.
*
6%
pfd
&
Warrants
•:
—
16 Va
300
15
Nov
25%
64
~7%
"7% _7%
Apr
200
35%
"i'/a
10
70
1%
12,100
46%
600
30
30
%
3%
200
~8%
~9</4
Class
A
6,300
5
Nineteen Hundred Corp B
Nipissing
5
Mines..
Electric—
North Amer
$6
"% ""%
x%
1
2%
Light & Power common—1
B
/
—
Jun
Feb
%
21%
400
21%
21%
200
5,500
American
North
Penn
Co—
RR
*
6'Jo
preferred
Corp
25
4%
4%
4%
800
16%
16%
200
2%
3,200
•
72%
Oct
Jan
Jan
Oct
10%
Nov
l7/a Mar
6 Va
July
18%
Oct
6%
II
Mar
O
—
4
common-
__*
•
2%
•
105
6%
class
Co
Jan
Ohio
Power 4%%
Ohio
Public
3%. Feb
29
Mar
.
$3
$5%
115
Mar
1% July
17%
17%
175
14
88%
90
260
76
110
10911
Nov
2%
Feb
17%
Nov
Sep
100
—
-.
—
—
Jan
Feb
113%
Nov
100
1st pfd.
140
15
common.
—
8
—
17%
J.**
50
;
Jan
110
Sep
98
17
Va
300
108 Va
90
—
1
Apr
40
108
'
12
Apr
95
May
4%
——
Feb
Feb
8%
Nov
17%
Oct
5% May
1,100
—
108
....
Omar Inc.—
8'%
'
m
prior preferredOliver United Filters B
zz>
conv
112
Apr
100
'
'
—
—
Natural Gas
109] 3
Mar
91V2
105
95
Nov
91
preferred
Service 7%
preferred.
Jan
'
1st preferred
Oilstocks Ltd common
%
Jan
1% Jun
17%
90
»
6%
Va, Apr
6
B
preferred
Jun
3%
21
Jan
108
1,000
—
Oct
102
Apr
10 %
105
500
Apr
87
10%
class A..
Power
72%
90 Va 101 Va
10%
91%
Oct
Nov
4
50
84%
90%
109];}
:
%
70
84%'
100
10
100
:T£
ala May
Jun
pfd.100
—
10912 10912
"l
Nov
52 %
70
100
Jan
Nov
21%
Jan
3% May
zzrioo
94
21%
15% Mar
5
preferred
Sep
15% May
Apr
100
preferred called
3%
Jan
50
50
Public Service
Nor Indiana
7%
Utility
Oil 6%
100
Sep
88
50 Va
Ohio
4%,
Jan
5% May
7/a
21%
Oct
4%
Jan
14%
3%
*
.
50
Jan
.
Oct
Nov
90
Apr
*
Rayon class A—
common..
prior preferred
9
21% Nov
Apr
Jun
Feb
675
126
50
8%
is Feb
63%
Feb
22
■fs Nov
3%
%
62%
Apr
21%
%
1/128 Mar
Jun
2%
♦
preferred
400
Oct
Feb
600
A
8 Va
-
37
400
3
ua
$6
>
Jan
5
Edison
Aug,
Feb
53
2% Mar
1
8%
Brass
Mar
Sep
Oct
217/b
86
*
Ohio
2
1%
69%
aa
100
preferred
Nlles-Bement-Pond
Ohio
18
Nov
Apr
Sep
200
3 Va
Jan
7% Nov
Vb
1/256 Mar
%
Jan
102
19%
37
60
1% Mar
50
6 Vb July
35%
1%
46
37/s Nov
2,300
Jan
Oct
■fo Mar
1
15
Feb
—,——100
Messabi Iron Co
15
2% May
a——a——a.
A preferred
toVz'k
4%
Scott-
91%
100
Power common
Niagara Share class B common
Oklahoma
Merritt Chapman
May
100
2%
Jan
74
200
20
100
81% May
1 Va
2%.
Nov
10
3%
20
—
Feb
12
30
Va
Merchants & Manufacturers, class A__ 1
18
99
Jan
6%
Feb
11% July
7% Jan
88%
-Nov
Apr
90
Apr
2%
99
Jan
2
•
common-......
150
——
Novadel-Agene
Jan
3%
40
Jan
3 Va
88%
preferred
100
5% 2d preferred
—100
Class A optional warrants
Class B optional warrants—;
States
2'A May
112% 115
\
-
1%
Oct
99
7%
7%
——•
—„
17%
1
-
Dredging—
Johnson
Mead
17%
3%.
3%
...—*
Va
Apr
88%
5
Ogden Corp common
McCord Radiator
17
1st
Northern
8
3a
Oct
Jan
1%
pfd.100
Pipe Line
100
....1
C—
10
1
New York Transit Co—
Jan
27
100
%
Jan
2%
preferred—100
shares
Northern
2%
2%,
■
—
100
—*
Sep
~9%
9%
Mass Utilities Association
Jun
Oct
1
—
Shovel——.....
1%
68%
Apr
Mar
Com-
Ltd
Co
1%
10
Light 7%
North American
July
8%
60
1,100
Nov
4%
Shipbuilding Corp—
Noma
•
1% Mar '
100
50
Margay Oil Corp
Marion
_2%
2%,
Co—.....
■
Consolidated
Mapes
:—:
Securities
Northern Central Texas Oil—.
preferred
(The B)
Rosario
Jan
13
1%
preferred
Y
North
%
58%
.
Merchandise
6%
;i:
Manatl Sugar optional warrants
55%
1%
•
common
Honduras
Class
M
Co
101%
Oct
2Ve Mar
Sep
10
19%
Jan
13
1
Jun
13
Auction
55%
1
City Omnibus warrants
Feb
8%
Oct
1'
19
14
26»/a
iy2
25
Y
Apr
3
Apr
10y4 Mar
•
Land
Arizona
&
Y
.
2,500
4%;
13
Jun
200
L__
ft
Aug
i
Co
common
N
Nov
T
Apr
Vb May
14%. Aug
1,480
•
•
Mexico
100
*
Jersey Zinc.
New
N
6% Nov
Apr
5%
50
.1
■*
—5
-a—..
27% Jan
11
800
2
"14^;
*
C—;
v t
Nov
July
,
5
350
21%
19%
*
-'4%
-100
-100
A Jan
1,400
•
%
•1%'
',-.1*
Ludwig Baumann &; Co—
1st pfd
x7%
V.v.
21%
a——*
Louisiana Land ■& Exploration——.1
7
New
Feb
20
300
12%:
6%
1
'
—
Louisiana Power & Light
'
12
-
%
—100
preferred class B;
7%
5
% Mar
7%f preferred class A———— 100
Conv.
33A May
.
•
v
7—
•
6%
Jan
13%
12 '
*
Long Island Lighting common....
3,000
-
6
5%;
7~
:—
common
Locke Steel Chain——a-—:——:——-5
Loudon
10 Va
'
Lipton. (Thos J) Inc 6% preferred—.25
Brothers
1% Jan
1,000
(R G) Inc————;——.1
Line Material Co—
Lit
2% Mar
Jan
9j/2 Mar
*
Lehigh Coal & Navigation.—
Leonard Oil Development
Le Tourneau
Oct
1%
1
—
Idea Inc
—_
Nov
.
2
Lefcourt Realty common
Convertible preferred
Haven
New
'
1
RR
Clock
New
L
Lackawanna
Tel & Tel
England
48 y2
4%
Sep
Oct
Jan
111
Sep
'
—.
Jun
3
— —
4%
Jun
Jun
3%
Nov
'
Metal
Textile
1 %
—25c
Corp
26
preferred——
15
Metropolitan Edison $6 preferred——*
Michigan Bumper Corp
...
1
Participating
-Sep
2
Nov
Jan
,
32
99% July
y» Jan
..
"%
%
300
106%
3%. Apr
—
—
2.50
Michigan Sugar Co
Preferred:
10
Micromatic Hone Corp—
Middle
v t c
West
Corp
y2
6%.
:
"4%:
4%
T3%
vt c.l
3v:,
■■■■
common.———;__5
3%
%'
2%
Jan
1%
Jan
Oct'
8%
Feb
5% Mar
Jun
.4
2% July
4
Sep
Va Sep
% Nov
9
Nov
200
4
V* Mar-.
400
;
-
.
4%
Oct
4% Jun
:
200
.
%
.
,4";.
Midland Oil Corp $2 conv preferred—*
100
.
Feb
Can
Pacific
Gas &
5%%
Steel
Midland
Pacific
Public
$1,30
Midwest
Oil
Midwest
Piping
1st
•
&
Supply
—*
/
175
Motors
Pen
15%
Nov
Sep
41%
Jan
1%
Oct
$1.40
7 %
Nov
Penn road
I
~6%
600
x5% May
13%-
"
/
147%
100
13 y2
Aug
2Va:
700
1%
Sep
14% May
2% May
r«
Nov
% May
2%
1
%
*
-i—*,
pfd——100
28
~6 Va
v' "
*
1
'
"
'
'
7%
43 %
frf-4 .'
43%;
:
.
■
•
7.%{- ;
7 400
.
46 Va '■
375
32
~6%
Voehringer common——2.50
Monogram
Corp
Pictures
Corp
,
Feb
48
May
82
Penn
'<■'
—
Airlines
$2.80
series
-
,
Nov
Penn
Gas
Power &
Elec class A
&
Producers—
Mountain .States
Penn
Salt
7% Aug
Penn
Sugar Prop
Apr
5%. Feb
Penn
Water
Aug
30V* Mar
4 Va,
3,500
4
400
15
.
v
';
163
v
166%-
'
300
103
May
,% May
Aug
152
-•
July
1%
Feb
1% Mar
V
6
Aug
;
15%
18
•
Power
18
„!3
%>
Mar
Feb
18.
5y2
1%
—10
common—*
"l%:
"l%
*
■'
■
•'
.
4%
Oct
Jan
100 Va
Nov
Feb
87
3%
5Va
Oct
3 Vb May
800
Feb
Sep
4
20
99
4%,
■
:
$6
9
9
10%
%
100
3 Va
May
Jan
14
Sep
&
—*
.
200
—'——100
.6%- .preferredA—
.:
—
53
••
v,-
Oct
>
53
10
v.
5
3'
I
Phila
Bellas
National
Candy Co
National
City Lines
♦
conimon
:
Apr
Nov
68%
Jun
National Fuel Gas
Apr/
Feb
13%
Sep
11
Jun
15%
Nov
600
39
Jan
45%
Nov
9 Vb
3,700
8
2 Va
400
8
Apr
V% July
10 Va
1
9
8%'
*
2 Va
2%
'
Securities
pfd
common
National
Rubber Machinery
Steel Car Ltd
National
Sugar Refining
National
Tea
:
5Va%
Co
Tunnel
&
page
24%
*
1937.
10%
3
Gold
Pittsburgh
Pittsburgh
Postage
E
Meter..
68%
Apr
95 Va
Jan
Apr
93
Jan
Jun
2%
Oct
100
5 Va.
Jan
7%
Jan
21%
50
9 Va
500
Apr
7% Mar
67a
II
__
11%2%
12
2%:.
700
600
Nov
9
Jan
2% May
73
74
260
59%
Oct
105
Jan
10
55
Oct
100
Jan
25
125
Apr
175%
4 Va
67%
156
67%
156
36%
95
95
96
125
Jan
81
Mar
20
Jan
Apr
May
29%
4%
Apr
3»/2
Jan
4 Vb
100
6%
7%
4,600
3% Mar
42%
43%
350
3iy2 Mar
8%
8%
500
8 Vb
1
1%
5,400
7/a
5%
800
7%
•
5%
Nov
Oct
4% May
50
RR
Metallurgical.
Plate
Inc
%
Sep
Jan
Oct
52
Nov
96%
Oct
22
Feb
4
Oct
4%
Oct
Nov
32
4%
Feb
7%
Nov
Oct
44
1014 July
1%
5%
Jan
Oct
Jan
37
50
43
10
%
43%
48
12
11%
12
78 %
78%
79%
2%
2%
200
63%
Feb
Apr
2,400
2%
43
Nov
12
Jan
Feb
85
Nov
150
1
Jun
43%
480
25
...
Glass
Power
Pratt
common
Scale
common
Mining Co
common
Alexander
&
Corp of Canada
& Lambert
Premier
Gold
Co
Mining
Prentice-Hall
Inc
common
Metals
of
America
-tan
7% Mar
12
4%
7%
—
4Va
Nov
Jan
of
•
4%
3
Jan
4%
Feb
2%
Sep
2%
Jan
16%
Feb
19
19 VB
100
Va
3,200
Va
34
34
1
2%
4%
4%
200
Sep
Nov
J an
Apr
4%
Va
3Ja May
•
♦
20
3
Jan
eye Mar
Feb
Apr
5
Nov
7%
Feb
Colorado—
7%
1st preferred
100
Puget Sound Power & Light—
$5 prior preferred
preferred
Pvrene
Jan
Oct
34
Va Mar
33
10
100
Apr
109
Feb
106
Apr
111
Mar
100
87
Mar
108%
275
35
Jan
52 %
Feb
Nov
16 Va
Jan
common
5
8y4 May
8 %
May
Manufacturing.
10
6ya July
96 Va
—
•
*
Pulp & Timber.—
Pyle-National Co
Jan
Apr
1% Mar
400
1
preferred
Sound
U
Va
—
600
—
...—*
1st
$6
Jun
4Va
•
6%
Puset
8%
4%
•
Gas
Apr
Apr
4 Va
1
Service
Feb
Jun
8%
4
5
5
3%
7
100
—
26% Nov
11
7%
Oct
2
10
Corp of Nevada..
Prosperity Co class B
Public
55V4
IVb
7.50
25c
Sugar
Powdrell
Pressed
62%
24%
Feb
•
Ltd...
Producers
50
24%
30%
23
1
common
Mines
Bess & L
Jan
100
6
Oct
Oct
200
is Mar
73%
•
1
Pittsburgh & Lake Erie
Jan
Jan
79
8%
•
Mines
see
~6
Feb
10
common...
preferred series A
Governor
Sep
86
10
-i_—_12.50
footnotes
-
79
»
*
20
1-%
—
*
preferred
National Transit
85
Jun
Oct
56
27
25
Providence
l7/a
National Pwr & Light $6 pfd unstpd—•
National Refining
Oct
11
9
•
.%
18%
'
& Stores common....
preferred stamped
.
100
8%'
——...
-
200
■8%;
preferred.^,..._:
Container (Del)
;
t
Oct
15%
50
convertible
9%
45%
45%'
10%
Oct
12% Nov
45%
___1
Apr
27 ' '
•
Power 5%
Pitney-Bowes
14%
14%
•
100
common—.—
Packing
Conv $3
Pitts
5%
Jan
_»
4Va
Jan
U Nov
•
*
Co.—
Phoenix
Feb
Aug
6% May
common—_i—l
Hess
Oct
Jan
31% Aug
5 Va
39
20
Co—...
Electric
Potrero
2,300
9%
30
2%
7,800
2,100
1%
Polaris
A
16
3%
10
3
Jan
N
National Breweries common..
9%
•
Pneumatic
%
—•
May
1
Pioneer
'
:
3%
9%
50
Power Co
Perfect Circle
Plough
•
3%
•
common
Pleasant Valley Wine Co
Nachman-Springfilled
4% May
Philadelphia Co
Pierce
' 97/a. Feb
,.
7%- Jan
5
700
Pharis Tire & Rubber..
11%
May
100
11%
5
.5
'
8%
29% July
—.——*
Co
Mfg
114%
Apr
:
%
24
•
Mfg
Pepperell
5% .Noy
May
7-
8
1
preferred
2% "Jan
Ma,y
9
lI6%" 110%:
——-a—2 Va
common
July
6%
1% May
800
8 %
1
com
Oct
Nov
14
Aug
3
4,600
10
'
4%.
——
—*
20
Aug
'
For
3%
Feb
July
166% Nov
15Va July
250
..a..
4
Mfg Co
Muskegon Piston Ring.
National
Aug
2% Aug
•
Light $7 preferred
5% Nov
:
'
5|
166%
Murray Ohio
National
71 Va
9
31
27%
Jan
Apr
,
Mountain States Tel & Tel—:——100
$6
Apr
10
76
90
11%
3%
1
common—
preferred.—.,
Jan
1
Mountain City Copper common.—.5c
National Mfg
76
-W
Apr
80
25
A
Phillips
National
100 %
1
Corp common
Cent
5
A—...—-1
Mtge Bank of Col Am shs__
$3
100
Pennsylvania Edison Co $5 series pfd.*
90
16'%;:
.15.
1-,
common
Moody Investors partic pfd—a
National
24%
227/a Mar
10
...
preferred
200
Montreal Light Heat & Power——•
Muskogee Co
700
400
•
Parkersburg Rig & Reel
Telephone common
~7
v
4%'
.
;—a——*
Montgomery Ward A
-
29%
27
•
Peninsular
50
Dakota Utilities——,.—.10
Mountain
100%
100
....—
96
6%
4%
—....—1
Loan Society
Montana
pfd
Oct
29%
26%
26%
*
—....
Co
3'A
96
Public Service common'
Monarch, Machine Tool-!
Monroe
.
67
Mississippi River Power 6% pfd—100
Molybdenum
Light 7%
Service
Penn
Minnesota Pwr & Light
Mock Jud
1%
8
25
25
preferred
Paramount
% May
27
7*"''
-10
Co—
Mining Corp of Canada
Miunesota Mining & Mfg—
Missouri
1st pfd
Pantepec Oil of Venezuela Am shs
11% May
271/2
——50
Refineries—J
Mid-West
6%
$5 preferred
&
Power
Pacific
•
common
Elec
preferred
Pacific Lighting
24
*
common—l———•
Abrasive
Mid-West
100
Products—
$2 non-cum dividend shares
Co
Co
1st
Parker
Midvale
3%
Feb
8
1—~—-1
—
100
™
_—1
Middle States Petroleum class A
Class B
""%; '"%;'
———*
3%
% Mar
Pacific
Michigan Steel.Tube
'
Oct
•
105 Va 106%
46
6 Va
46
6%
47
6%
600
6 Va
Oct
THE COMMERCIAL & FINANCIAL CHRONICLE
1936
Monday, November 30, 1942
-U
NEW YORK CURB EXCHANGE
East
'
Sates
Range
for Week
Shares
'
Bale Price
Par
Low,
'
<
Range Since January 1
Low
High
>.
"East,
New York Curb Exchange
/
Week's
Week Ended Nov. 27
of Prices /
Low
Par
High
for Week
■
Sale Price
<
Sales
Range
Friday
STOCKS
Week's
of Prices
Frlday
STOCKS
New York Curb Exchange
Week Ended Nor. 27
l
Shares
Range Since January 1
LOW
High
High
'
Stlnnes
77 %
Quaker Oats common™
6%
.J.U0
preferred.™™-—*-—
30
56
146% 146%
14B'/2
72 Va
160
Apr
150
May
8% Apr
Jan
10% Oct
R
125
4
8%
Apr
12 %
1% Aug
3%
Oct
Taggart Corp common™*
——1
Tampa Electric Co common————*
Technicolor Inc common.
*:—,—;
*♦
Texas Power & Light 7% pfd———100
Texon Oil & Land Co**-,
.———2"
14 July
50.
46 y2
46 ya
30
2%
-1
*
—50c
Reliance Electric & Engineering
_5
Republic i Aviation—
—1
Rheem Manufacturing Co.!———1
Rice Stix Dry Goods-™—
—•
Richmond Radiators————
1
Rio Grande Valley Gas Co v t c——1
41
12%
2%
200
1%
Jan
Thew
%
300
Red Bank Oil Co————
ft
•
19%
20
—
16% Apr
51% Apr
Oct
45
14%
300
20
41% Sep
12% July,
:
Va
3'/a
3%
10%
10%
3%
4,200
300
:
%
■-
J/4
ft
300
,
Tilo
6%
14
Nov
9% Jan
Sep
2%
8%
;
Feb
Apr
50
Nov
Feb
11
Feb
7%
2,200
45 Va
26
100
48%
.
1% May
39 Va Jun
10%
42
47'"
11%
1
Jan
100
8%
Sep
8% Nov
17%
'
7Va
100
2%
Product
Exports
2%,
17%
7VB
1,200
99% 100:
3% Mar
2% Jan
200
■7%
16%
86
130
8%
16%
450
14'
4%
400
3
^
4,100
A
Aug
Nov
40 Va
Apr
*2% *2%
200
57%
240
-
4Va
ik
■
2%
'
,
,
2% Mar'
17% Nov
5% Feb
:
%
Jan
Jan
49
3% Apr
Oct
2
Jan
3% Oct
Jun
16-
Apr
100
Jun
200
Nov
20
Jun
6% July
3%
3Va
——*
600
17%
-
Tobacco Security Trust Co
Oct
Ltd—
dep rets ord regis——*——
Amer
July
;
,4% Aug
Todd Shipyards Corp
*
—*——*'
Toledo Edison 6% preferred——.100
14 Jan
Jan
;
2%
,
Roofing Inc.-———-**—**-1
Tobacco
x6% Jan
%Mar
Vs
400
41%
47
Tishman Realty & Construction——.*
Tobacco & Allied Stocks
.—*——*
5% Jan
Jun
800
%
,
5%
100
6
6
100
1%
1%
•
—5
common
Nov
11% Nov
2% May
10
Apr,
Shovel Co
Nov
20
Apr
3V Apr
9% Jan
—;
7-
,7
1%
1,400
Nov
% Oct
«mu
40
100
41
14'
ll'/a
% Oct
14 May
Jan
>—10
Raymond Concrete Pile common™
•
$3 convertible preferred
—-*
Raytheon Manufacturing common—50c
.
7%
;
2,500
7V2
.——10
1
Rath Packing Co. common
Reiter Poster Oil Corp
12
Swan Finch Oil Corp™*————15
A. V Y«
...
/Railway & Utility Investment A—
Reed Roller Bit Co—
14% No v
Superior Oil Co (Calif)——*.——25
Superior Port Cement class B com——*
Radio-Keith-Orpheum option warrantsRailway & Light Securities
Voting common-.
i—,
% Aug
8% Apr
9 % Apr
(Hugo) Corp
—*—*——5
(S) Co———*—*™——**
Sullivan Machinery———*
•
Sun Ray Drug Co———*1
Sunray, Oil—
—:
^1
5% % convertible preferred—50
73% Nov
139
Co.——
Power
Quebec
X72
% Mar
Stroock
57%
63
85
,
Jan
103
Jan
111
Mar
95
4V4 Aug
95
-
Oct
57%
Jan
% Jun
Mar
x
"
Rochester Gas & Elec 6%
pfd
Roeser & Pendleton Iric
Rome Cable Corp common
D™ .100
1-5
—
~m ~i%
8%
2%
.™1
2%
Co—
preferred--*-™,
Typewriter———.
$1.20 convertible
jRpyal
95
May
Royalite. Oil Co Ltd
2
Jun
1%
Apr
2Va Jan
Jan
550
36% Mar
53-
Jan
Tubize Chatillon
15
Oct
500
13% Oct'
2% Feb
9*4 May
51%
Ryan Aeronautical Co
r3% ~3%
.2%
;—
-
3%
35/a
—1
3%
Ryan Consolidated Petroleum—
Ryerson & Eaynes common—*T, —1
:
'..Class
100
3Va
Jun
5% Feb
3%;
300
1%
Jun
A
,,
% July
1,000
%.
14
%
Ltd™.*—*
conv
Oil Co..
Salt Dome
1%
-
Corp common——,—1
Samson United
300
19
~4% "4%
37
'-1%
37
%
Schulte
19
Lace
;
500
'275
25%
xli34
xl6
..
8 la
30
;
15%
10
7'.
29
100
34
••
Securities Corp General™*™.
1
Inc*——-*-*—*-—*
:
:
%
4%
4%
41/2
$5.50 prior stock:
rs
ae
3%
'
cum
Jan,
% Jan
1
Silex
Co
•
Oct
-38
51
,
Nov
4%
2%
2%
1,000
A Nov
J.',
2*8
.
2
9%
75
■
■:
74:''
75%
113% 113%
5%
:
Sep
Feb
:'
110,
50
6%
Jan
;
■
U
15%
:'
■
1'
i':
1
200:
169% 170
12%
78% July
9%
Sep
11
93
10
93
Co-*-*—*-——1
"2
Penn
5%
6'fe
Feb
~2
93
100
Nov
1%
Apr
2
300
1%
Sep
3%
500
1%
2% Nov,
2% Apr
3% Oct
Jun
29:
29
-
&/g
39
100
36%
%
70
39
Feb
X6%-
X6%
1%-
6%
1%
500
%
;.
10
700
•
1%
.
.—*—2.78
.
'2
•2
•.
%;
Sterling:
Stetson
—
Co common—
For footnotes see page
1937.
1
.*
650
'
V
ft Sep
23
May
Jan
27% NOV
.
Jun
85
2%
■
250
Sep
"
Mar
A
Aug
1%
<
Apr
4%
common
———.
Consolidated Oil
62%
45% Aug
500
1,600
May
3%
Jan
7
54%
57
9
700
Jan
8%
Apr
A
Nov
Sep
43
May,
4Va Apr
600
29
3 Va
Jan
&
425
8%
28%
■
Apr
Sep
6%
Y
1%
1%-
8
8
4,900
Jan
4%
ft Oct
Jan
8
Jan
% July
20%'Nov
-Apr■
%
100
NOV
1% Nov
Feb
'■■i'
1%
9
;
H Aug
1% May
Va Apr
l50o
-10
61% Nov
30
,27% Mar
1%
Nov
1%
-
Oct
2%
12%
Co
Jan
4
Sep
50% Mar
38
80
2%
'
2%
2%
**',
B—
-
Jan
%
*—**—*—*-'-,
—1
voting trust ctfs
Insurance
Pictures
7%
.—1
7%
Oct
Nov
8
3%
29
Universal Products Co
Utah-Idaho Sugar™
29
29
14%
14%
100
2 Va
400
—3
2'/a
stock—**-.
.
51
Oct
50
51
Feb
30
Nov
Jan
10
15%
2% Jun
25
41
%
1
43%
%
:
800
43%
3%
62
Apr
A
Jan
300
fa'
%
1,000
15%
16%
150
4%
1,000
1 % Mar
41% Aug
7% Mar
Oct
47
Nov
3Va Apr
200
Oct
Jan
Jan
Y Va
-
33'A Mar
45%
% ',oct;
87/« Jan
26
1% Mar
-10c
common.
/.
14
14%
common.-—*.
Jan
SVa May
Sep
25 " Mar
*00
.4-8
Oct;
Virginia Public Service 7% pfd—.
Vogt, Manufacturing——*„4——
.100
Jan
;
Jan
11%
900
Sep
10% May
12%
110
,
,
xl2Va110
Co_*—i—-*4**—*»'■
Wagner Baking voting: trust ctfs ext—•
7%
preferred-——^*—100
Waitt & Bond class A„4—"
.Class B—
I.:.:,
2%- Jan
%
Mining Co_
■
y„
Wayne Knitting Mills*——4—
Nov
3!/a
Wellington Oil Co_.
Jan
Wentworth
Jan
West Texas Utility $6 preferred*—*
West Va Coal & Coke™
——5-
12% Sep
14%
Jan
110%
Eeh
Jan
Va
A
,10
1,500
Western Air Lines Inc.—
Western Grocer Co™
May
19% Jan
6% Nov
A Ma r
13V2
Jan
Va
2,100
J
46
9y4-
9%
2%
1,000
Apr
Apr
•
2
2
.—1.25
-4™**—_1 •
Oct
Oct
4%
Feb
7%
1%
1%
800
II
Jan
1 %
78
900
1
Jan
2%
50
Jun
2%
400
~4
4-
4 Va
4—*
St
5%
6,500
X8%
120
,
5%
6
Products Inc."
Co
Woodley Petroleum™
Wool worth (F W) Ud—
American deposit receiptsWright Hargreaves Ltd4
—*'-
1%"'
1%'
300
1
"h/a "8%
—10
110
3% Oct
2% Jan
100% Nov
2% Jan
4%' Nov
2
Mar
5%
Nov
8% Oct
8%
Oct
:
.
13
Mar
Oct
75
15 Va Aug.
16% May
25
13%
Mar
,
Nov
Oct
110
5% July
6
Nov
6Va
Jan
1
Aug
8V4N0V
2%
Jan
8V3 Jun
100
12% Jan
6% Jan
9% Nov
20
94
Mar
110
3%"
3%
100
3
Jun
4
Jan
4'
3%
i
4
300
4
Feb
5
July
5s
•
Va Jan
13% Feb
5% July:
5% Sep
350
♦
Heating*;
ft .Nov
,
12
'5%
No v
Mas
8% July
Jun
61% May
10
Co
Oil-O-Matic
__l
Feb
May
1% Jan
400
5 Va
X8%
"5%
*—10
—
&
5% Jan
6 Va
81
Va May
86
-_20
Wisconsin Power & Light 7% pfd—100
Wolverine Portland Cement——10
Apr
...3% Jan.,
2%
50
Willson
Nov
,14 Apr
Jan
*
Feb
:i% Mar:
2%
100
Wilson-Jones
Oct
2
Oct
90 %
9% Nov
Apr
I-
14%
Williams, (R C)
35 % Mar
1
7
%'
5J/s
'
Mar ':
9
21%
Inc
5
900
14%
Williams
Apr
9% Aug
3% Jan
300
'%.
21
Westmoreland
Apr
A Mar
8
%;
gp
;
Weinberg Shoe Mfg„
46
7%
2%
^5 Nov
17% Feb
3% Jun
6
Westmoreland Coal
Sep
6%
1%
Apr
Apr
V9
Western Maryland Ry 7% 1st pfd—100
Western Tablet & Stationery com—
•
22% Nov
Aug
50
2%
9%-
1% Sep
A Jan
300
,
Oct
Va May
4*% Mar
;.l
—
4%
100
—5
2
manufacturing:;
4Va
,—*,„!
14
Apr
200
:
%
13
•
Jan
Feb
19%- 22%
iV
Walker
Jan
10
12
6%
,;4%
•
~i% "i%"
Waco Aircraft
A Nov
•
i^r Aug
6%
'
w
1% Oct,
23% Nov
103
Va
4%
Sep
6% Oct
.
.
1,200
800
IV
1^1
15%
-
2% Jan
50
12%
110
*—1
29
% Feb
1% Aug
9% Apr
class .B—-—;—1
Inc..
(J B>
Oct
Oct
%. Oct
v
% Mar
$7 convertible preferred
Wichita River Oil Corp
6% 1st preferred-**
.*—
50
5% 2d preferred:—.
———.20
Sterling Aluminum Products—
—1
Sterling Brewers Inc.
1
43%
r4:%,
1
600
—*.
*
———;—1
43 Va
.—5
May
1%
.**—*
& Co common
2l'
,
62%-
400
.'
Valspar Corp common——4—
1,500
%
2
>
io%-
10%
1
Standard Silver Lead.*
———1
Standard Steel Spring*—
—5,
(A)
iff
61%
1%
Reclaiming™.*———.
$4 convertible preferred—4™—
Venezuelan Petroleum
4—.
1% May.
————*
Sterchi Bros Stores..—.
"100
Apr
244
1%
Rubber
Feb
1/64 Jan
■
-■
Standard Power & Light————*1
Stein
10%
100
1%
S
Mar
Jun
(The) Corp voting trust ctfs—l
——*
100
!:
300
122
Jan
5
200
————
Steel Co1 of Canada..—...
27%
x3e
.
Va Mar
Va Mar
,
1.800
1%
V 42
23% May
Standard Dredging Corp common——1
$1.60. convertible preferred*——2Q
6tarrett
1,600
1%
; Universal
■
Standard Tube
%
20%
i'n
-
19%
;55',
Nov
Aug
——
Jan
Jan
2,900
.
1
May
36%
105
1
Preferred'
%
.19%
.%
l.%:
'Class-
7% Mar
Standard Products Co—
126%
Apr
a1*
Jan
6%
Common class B—,
97 Va
27% NOV
Jun
-10
'
450
1,000
29% Nov
Sep.
(Ky)———
Oct
Oct
:
27
6
Standard Oil (Ohiov—5%. pfd—*100
Va
;
.—5
—
Utility Equities
$5.50 priority
23% Mar,
400
Feb
1 Va
iV Jau
83Vt Jan
1'
—*4*—„
common
preferred with warrants.*
Universal
Mar;
5
Standard Oil
class B—
Graphite
27
,
,
Vs
-
:
1% July
37% Nov
24% Mar.
100
27%
/«
9%
Jan
,
72% Mar
Jan
42
% Nov
1/64 Jun:
5,900
26
Apr
30% Mar
Phosphate .Co—
—.-10
Pipe Line—™————.10
Southern Union Gas—
;.*—*.
8% preferred A—■——***_*—25
Southland Royalty Co—*5
Spalding (A Gt & Bros——*—1
1st preferred—'
Spanish & General Corp—
>
Amer dep rets ord regis—*.*——*,*
Standard Cap & Seal common.**;
1
Convertible preferred*
—*——10
'
•
27%
2,200
Southern'
Standard Brewing Co™*
%
115% 116%
Utah Power & Light $7 preferred- -4-*'
Utah Radio Products—
4*—. —1
Southern
Inc
S
Universal Corp
Apr
2% Nov
,
Jun
'1
3
3-
Colorado Power class A—25
Stahl-Meyer
II6V4
;
pfd——100
,——**—
25
preferred **—_*——.—*—100
Spencer Shoe Corp-*-**——-.
:
100
Feb
57%
Jun
Va May ;
;1
Universal Cooler class A——
8% Nov
Jun
r;
Southern New England Telephone—100
••
A
United Stores common——**——. -50c
United Wall Paper
—2
Nov
.};} Jan
'.4
367/a- 37%
37%'
Oil—-———***——25..
original preferred
—
—25
preferred B———.-*•*——25
preferred series C—*—-_i**25.
: 7%
3/64
37,100
Jan
15
Mar
11
7
Shoe
Universal
Nov
1%
600
Pa
5%%
Southern
3/64
—
Machinery common— -*25
Preferred,*.
**4!*—. —25
1st
Mar
Nov
90
Pipe Line——--*—10
Southern California Edison—
11
.
""%-
Sharing*—**— -25c
preferred—
;—*—*. -10
D S Stores
182% Oct
:: : 2%
Jun
57%
U
Aug
2
,
Apr"
1%~
■'
South Coast Corp common—L
Southwest
600
13
Profit
$5 1st
Jan.
8%
~2% "2%
2%
Sonotone Corp———£—*-**
.1
Soss Manufacturing common———**1
South
Apr
77/a
500
U S Plywood $1.50 conV preferred. -20
U S Radiator common*—— -*1
17% Apr
Apr
'
Solar Manufacturing
Jan
2Va
5Vi Jun
6%
12%
U S Lines Inc preferred——4. ..10
Jun
115
Jan
July
130
30
1%
Co—*_**——*——1/
■
7%
Feb
U S and International Securities-.
Nov
8% May
City Gas & Elec7%. pfd—100
(H) Paper Mills—
Aircraft
Jan
—*
warrants
U S Foil Co
Feb
4 ■:
'
59% May
1,500
preferred-*————*
Smith
12%
United Specialties common——. —1
4% May
4%
100
*
Solar
Nov
dep rets ord regis.-*——
10%
United
Nov
Nov
51
Apr
% Apr
4Va May
Feb
200
Simplicity Pattern common——,*_.—.1
Singer Manufacturing Co—._*-**—100
Singer, Manufacturing Co Ltd—
Amer dep rets ord regis
£1
Sioux
Jan
1%
5
"
■
common—■
convertible
3
1% July
United N J RR & Canal Co*——* *100
United
Nov
5
Apr
Amer
Simmons-Boardman Publications—
$3
1% Nov
700
United Molasses Co Ltd—
Sep
%
Mar
38
200V
4%
common—*—-****25'.;
pfd series AAA—*-100
Sherwin-Williams of Canada
5*4
12
8V2
Shawinigan Water & Power——*
.
5,000
1%
6
United .Milk Products-*-——*-**
$3 participating preferred.**—!
"
Sherwin-Williams
5%
6
Common class B——*--*4——*
', $6 1st" preferred——*—-—*-•/
Mar
36
.% Jan
,
2% Mar
*4
Mining—*———5
Denn
Oct
2
•.c
Jan
NOV
•
Serrick Corp class
Shattuck
7%
2V«
pfd-
United Light & Power common A—*
'
Control——*—*—!
B——*—*1
Sentry Safety
Option
Aug
„,
69
fe Apr
1,700
1,400
Allotment certificates—*————
Seton Leather common—*..———*
19
26 Va July
700
.
49 '.
48%
49
—25
——
3%
3Va
Convertible stock™————-5
Feb
3%
.j.1
Chemicals common-*———*
United Gas & Elec Co 7%
9% Jan
100
,
Selected Industries Inc common*——_1
Oct
1%
3% Aug
—
United Gas Corp dommon——**—4—1
1st $7 preferred non-voting*i——*
Oct
Sep
700
.
% ""•%
Co—:—
Selby .Shoe
39
Aug
1%
,
'•
Oct
5
Mar
1
'
% NOV
' 3a Mar
■\
Products
United Elastic Corp
27
Oct
Aircraft
Jan
113% Oct
July
6%
400
34
28
28
Seeman Bros
Jun
'
29
Jun
1%
Cigar-Whelan Stores—*—10C
United Corp warrants--—™——
20
.
Mar;
1%
United
•
r
7%
3;
300
1,000
common-*-.-**-*—*
$3 cum & participating
% NOV:
Jan
19% May
100
•
45
45
& Nov
,
4% July
1%
Manufacturing Co—
-10
of Canada*
———r^—•
Apr
%
;.«tV Feb
■
United
Nov
12
.
Gas
United
26% Nov
Apr
Ill
common.—
Segal Lock & Hardware—*—;—-—1
Seiberling Rubber common—*-*——*■
201a
25%
.*—,*.
Scranton Spring Brook Water Service—
$6, 'preferred—*****—
Scullin Steel Co common
«
—*
Scranton
100
11
•
(D At common—.——
1
Convertible preferred.—25
Scovili Manufacturing-.,
.———25
Scranton Electric $6 preferred-—-—*
Oct
6
YV
6% NoV.
100
37
»
.1%
Corp—___*—10c
Union Investment
Jan
%
Apr
% Sep
10
Sanford .-Mills™——-*-..——*
11
3%
1% July
14 Feb
300
V2
'
Union
Jan
121% Nov
Sep
'
Savoy ■ Oil '.Co—-;
._*——*—*—5,/
Schiff Co common—_——.——1*
3% May
sV Apr
"4%
Realization
Unexcelled
Sep
2%
105
575
"
V2
1% July
i/aMar
700
4,100
■
U
8% May
114 -Aug
4,900
2V4,',' 2%
1
*
—
1%
119 y2 120
.——--100
preferred—
7%
%
Sep
8% May
pref———--50
•1%
200
^
1
Feb
Ulen
Class A $2
■
X5%
3% Nov
.
St Regis Paper common-*——*5
■ 1
% Apr
>
Corp————•*
—*
Udylite Corp—*-*—*—*-——1'
St Lawrence Corp
1,200
%
'
5%
5l/a
■^
Tung-Sol Lamp Works:
,_—*!.
80c convertible preferred—**.*
*
3% Mar
%
"l-
Transwestern Oil Co—10
■
15
■
—1
Tri-Continental warrants—™—.*——
Trunz. Inc*_*_—
L-*—•-**—♦'
:
50
100
Trans Lux Corp————**— 1
4% Feb
100
..20
51%
preferred—
Tonopah Mining of Nevada—
Jan
7% Apr
400
——
Russeks Fifth Ave——_———
9%
300
;
2%:
2%,
7%
Jan
12% Mar
10% May
,
Roosevelt Field Inc———:—. —3
Root' Petroleum
77
10
86
86
3Va
2
Va
2%
7,600
Apr
LVa Mar
Nov
6% Nov
2Va Jan
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 412$
Volume 156
BONDS
New
Interest
Exchange
Curb
York
Period
Week Ended Nov! 27
Friday Week's Range
or Friday's
Bonds
Last
Low
BONDS
Range Since
High
Sold
Low
New
January 1
No,
Sale Price Bid & Asked
f
s
3 Vaa
debs
f debs—
s
J-J
J-3
J-3
1950
1960
r—.—1970
—.
..
3%s s f debs..—,
,
...
Amer Pow Si Lt deb 6s
M-S
2016
r
1961
Appalachian Elec Pow 3%s
1970.
Appalachian Pow deb 6s
—2024
Arkansas Pr & Lt 5s
i.—-1956
Amer
Writing
J-3
3-D
6s
Paper
A-0
J-J
Associated
4'/2S
Elec
1953
....
8Associated Gas & Elec Co—
AConv deb 4%s—
4%S
deb
AConv
A
5Vis
deb
AConv
Gas
11
11
38
*12%
12%
44
7%
7%
12%
18
7%
13
18
7%
12%
69%
18
71
1st
*98%
7%
'■
Convertible
Bethlehem Steel
6s
Broad
Canada
SACentral
Vis
El
States
13
101
21
1953
M-N
J-D
J-J
M-S
J-J
F-A
Gas 3%s
&
103% 104
101
Elec
1964
1948
5s
—*
-1954
.
Central States P & L 5%s_——1953
§AChicago Rys 5s ctfs—
Cincinnati St
6s
Cities
Ry 5'/2s A
B
series
Service
deb
Conv
Registered
;
5s
Registered
Debenture
5s
Service
P
& L
5Vis
5 Vis—
Con sol Gas El Lt
3'As
1st
& Pr
M-S
M-N
J-D
MrN
3-D
J-D
1971
Q——.—1970
J-J
,
94
40
98
87%
82
F-A
—1958
———1944
81
:
1
78%
83 Vi
39
69%
82
83'%
84%
84%
85
84%
83%
121
121
84%,
121
15
108
47
1
M-S
*109
—
109%
106% 107
—
101%
101% 102%
*121
83%
5s—;
96%
108% 110%
6
104% 107%
99% 103%
128
124
83% 84'%
*70
'101*101%
60
80 Va
85
79%
86%
87%
89
60
68%
92%
105
Federal Water Service 5Vis—;
:1954
123% 123%
105
123%
M-S
M-N
105
.
*101
10
5
103
Florida Power Co 4s ser C—
Florida Pow & Lt 5s——
103'% 103%,
91%
91%
*96
*— ;'
17
36
98
102 Ye 104%
79%
93
100
90
60
86%
87%
28
77
89%
91%
91'%
91 Vi
35
85%
92%
50
50
50
40
53
*89%
*108%
F-A
———1966
3%s
——1967
Hi Pwr & Lt 1st 6s ser A-i;
1953
1st & ref 5 Vis series B———1954
1st & ref 5s series C
———1956
S f deb 5Vis.;
May 1957
Indiana Hydro-Elec 5s.
—1958
Indiana
Service 5s—........,—,.1950
1st lien 6s ref 5s—»——.—1963
AIndianapolis Gas 5s A
——1952
Indianapolis P & L 3%s—
—1970
A-0
A-O
F-A
A-<>
90
108% 108%
96
80
67
81%
44
30
47
20%
14%
19
44
*111%
102
109% 111%
-
*93
98
83
92
*92
A-O
J-D
J-D
M-S
M-N
J-J
81%
115
98%
*19
A-O
Idaho Power
90-
*95
.
J-D
Hygrade Food 6s ser A————Jan 1949
6s series B._
———-—Jan 1949
2
*76
3-D
J-D
J-J
M-N
98
83%
92
110% 110%
1
104
103% 104%
16
107% 110%
98% 106%.
101%
101% 101%
99
99%
3
93% 105%.
85
99%
92%
93%
102% 102%
102%
4
1
90
io4y«
88% 100
100
103%
77%
77'%
78
11
71%
83
78
77%
78
8
71%
82%
*114% 115%
118
79
105% 107%
*106% 107
M-N
—1979
Sec-—
A6Vis series C
———1955
A6Vis (Dec I 1941 coup)
,-1955
A7s series E————
1957
A7s (Aug 1941 coupon)
1957
A 7s series
F
,———1952
A7s (July 1941 coupon)———1952
Interstate Power 5s———-—1957
Power
.
J-D
18
18%
5
6
18%
18
J-J
J-J
M-S
J-J
J-D
Debenture
M-S
18%
76
36
9
19
extended
stamped
Edison
Corp
5s
Mfg-7
6s stamped—
Mengel Co conv 4Vis
Metropolitan Edison 4s
73%
5
4s
series
G
—
1965
,
76
105
65
37
16
10
17
19%
22
461/4
7
106% 107%
24
Middle States Petrol 6Vis
1945
Midland Valley RR 5s
1943
Milwaukee Gas Light 4 Vis—.—1967
Minnesota P & L 4Vis
———1978
1st
Si ref
5s
Mississippi P & L 6s
Mississippi River Pow 1st 5s
Nassau & Suffolk Ltg 5s8 A National
31%
,
106
—1981
'
ref
4s—...1969
,
6%
105
120% 125
10
110
112%
105% 106%
107% 109%
*89
*100
108
109
80
90%
101
109%
12
*99
55
105% 106%
110 %
98% 101%
100%
57
90
98% 101
106
109%
107
*110% 111%
~6
55
.
64%
5
102% 106%
103% 105%
'105% 108
104% 104%
5
107 % 107 %
33
103% 103%
10
11100% 104%
111% 111%
4
110% 112%
97
97
*10
108%
1
14
97
9%
108% 108%
*113% 115%
24
97%
26
100'%
16
106%" 111
124%
1948
J-J
1947
M-S
1948
J-D
5s
1950
M-N
England Power 3 Vis—a.
New England Power Assn 5s
1961
1948
M-N
A-O
78
77%
78%
24
65%
85
1954
3-D
83%
83%
83 Vi
36
67%
87%
New
Amsterdam
Gas
5s_
New Eng Gas & El Assn 5s_
5s
Conv
deb
New
Debenture 5 Vis
New
Orleans
Public
96
*113% 118%
47%
47%
48%
51
47 %
47%
48%
12
47%
48%
38
84
112% 114
42
62%
42
43
106
$107% 108%
97%
62%
63
108%
Service—
AIncome 6s series A
.
Nov 1949
J-D
97Va
1091% 112 Ya
76%
1
1
106
104% 104 Ya
8
4
104 Va 106 %
105% 108%
71%
79%
..
'
M-N
138%
103 %
1950
102
102%
J-D
—1950
1
138
J-D
M-N
—1949
108%
101%
111%
11
101 % 102%
111% 111%
102
132
35.
150
98
8
98
'
102% 102'%
.
19
103%
103%
96% 102%
San
M-S
Joaquin Lt Si Pwr 6s B—.... 1952
1951
A-0
Estate
i
Scullin Steel Inc mtge 3s
South
Carolina
Southern
Southern
Counties
101
1,;
102%
106%
A-0
J-J
Southwestern Gas & Elec 3%s.
F-A
F-A
1970
.—2022
L 6s_.
129
130
53
60
1
77
42
86
102%
87
108 '/a
106
100
103%
102'% 105%
99 y4104
103'/a 106%
'W*~
—
105'%
2
102% 103
41
106%
86
3
*101% 104
98 '/a 1033/4
..
541/4
'16
1071% IO71/2
1
'
53%
M-S
50 Vb
60
103% 107%
953/»
95%
5
88
.1989
M-N
58%
58Ya
58Ya
2
42%
61.
—i
...May 1948
6s stamped..,———.May 1948
A-0
64%
63%
64%
37
49
76%
Spalding (A G) deb 5s
Standard Gas & Electric—
(stamped).
6s
1
(Calif)—
Gas
Si
112%
—-
102
105
'•
82
108
82%
*103'/a
J-J
:——197L
Southern Indiana Rys 4s——
1951
P
75
..
4
101% 101%
M-S
1st mtge 3s_—
Southwestern
,4
,
69
82Ya
101
J-J
Edison 3s__—1965
California Gas 3'As—1970
*65%
•
A-0
5s..———1957
Power
.
.
■
A-0
California
Southern
.:
80%
129% 129%
J-D
—1951
Shawinigan Water Si Pwr 4%s——1967
1st 4 Vis series D
—1970
Sheridan Wyoming Coal 6s__——1947
Real
ASchulte
6s
80
V/y
>
106
A-O
64 Va
62'/a
64'/a
21
49
76y8
Debenture
6s
1951
F-A
64 Va
62%
64 Va
12
49
77
Debenture
6s
.Deo 1 1966
J-D
64 Va
62
64 Va
8
49%
—1957
F-A
63 Ya
63
64 Va
29
49
76%
76%
1957
F-A
64
62 Va
64
.10
50
76%
.1950
A-O
22%
22 Vi
22%
17%
25
12%
16
Conv
6s
gold debentures.:
Standard Power Si Light 6s
AStarrett Corp
Inc 5s
Corp—
Stinnes (Hugo)
3
7-4s
..—.—1940
stamped
3d
deposit.............
Certificates of
(Hugo) Industries—
7-4s 2nd stamped
*12
•
16
15
J-J
15
...
Stinnes
—1946
A-0
Service 5s—..—..I960,
Texas Power Si Light 5s———.1956
series
6s
A_.
Water
Tide
J-J
.—1979
3%s_.
Edison
Toledo
5s—
——1968
107%
107% 107 %
*110
111'/a
97%
99
107% 107%
84%
112%
112% 112%
1st lien Si cons 5%s..,—,——.1959
A-0
106
106
(Delaware) 5%s_1952
(Maine)—
—1952
F-A
United Light
United
N
J
1949
4s—
106% 108%
3
J-D
Electric
United
84%
85%.
13
107%
107
"9
J-D
Twin
105
5
97%
97
J-J
City Rapid Transit 5%s—1952
10%
105% 105%
F-A
—.—2022
—
Power
105%
M-N
J-J
Electric
118
86% 101
106
32
108%
69 Va
88%
10
hl%114y*
3
103% 107%
82% 100%
Si Power Co—
Lt & Rys
United Light & Railways
6s series A————
Utah Power & Light Co—
1st lien & gen 4%s—
Debenture
106
96%
97%
117
A-O
14
117Va
115% 118 Vk
•,
—..1944
*96
M-S
92% 100
95
83%
M-N
.—.—1954
97
95
F-A
—2022
series A—;
6s
96%
99
Waldorf-Astoria Hotel—
A5s
debs.
income
Wash
Ry & Elec 4s
Wash
Water Power
West
West
Penn Electric
Penn
4%
4%
5'/a
*110% 115
59
1
A-O
109V4 109Vi
101
102
5
J-D
108% 108'/a
1
..1951
3-D
3%s.,—.——1964
J-D
5s
Traction
—2030
—
5s
I960
...
.
2%
5%
108% 110%
107
109 %
99% 108%
107% 117
Western Newspaper
6s
Union—
unstamped extended to 1959
6s stamped extended
AStamped
5s
—
—
—
84
84
F-A
76
69
67%
3
56
76
78
9
71% ' 82%
76
J-D
J-D
1
67
F-A
1937
—.1947
to 1959
77
19
88
74
71
81%
Foreign Governments & Municipalities
104% 104%
Friday
BONDS
New York Curb Exchange
Interest
Week Ended Nov. 37
Period
Last
Week's Range
or
Friday's
Bogota
Mortgage Bank
(see
ACauca
Oct
AParana
de
(State)
Janeiro
ARussian
7s
1951
—.1947
15%
15V4
9V'a
2
■
15V4
50
*40
50
—
25
44
48
20
20'/a
—
..
11%
—
—
—
'
48
6
—
13
13%
17
—
17%
9%
15%
25%
19
*15Va
.
28%
,
J-J
.1959
A5%s
*5
*10%
*17%
*28%
*28%
M-N
A-0
3-D
J-D
M-S
.1931
1972
—.1958
B'/aS
—
J-D
—
—
—
^
......
6'/2S.
Government
44
41
—
M-N
1927—
—
-
AMortgage Bank of Chile 6s_
Mortgage Bank of Denmark 5s
A Rio
—
J-J
M-S
7s
Of
—
High
25
25
—
—
.1952
6V2S stamped.1958
AMedellin
7s stamped
Mortgage Bank of Bogota 7s
A Issue of May 1927-
—
F-A
—1958
(Peru)
Low
M-N
,
6V2S stamped
ALima City
A Issue
J-D
—1948
——1953
& Waterways^—
AExternal
AMaranho
—
January 1
No,
'
———.1955
5s
*43
$43
—
of)
Valley 7s
5%s..
Danzig Port
A-0
J-J
Range Since
Sold
Hiah
Low
Agricultural Mortgage Bank (Col)—
A20-year
7s
..—April 1946
A 20-year 7s._
Jan 1947
Bonds
Sale Price Bid & Asked
1919
J-D
1921
J-J
—
—
—
.
16%
2Va
*18
*35
20
16%
2
2
34%
32
—
—
—
—
—
20
16%
2Va
1
2
18
2
2
..
25 V* 28'%
13Vi 18'%
18
45
15
20%
10% 16%
1
2%
1
2%
113
A-O
96%
87 Va
107% 111%
106% 107%
*04%
107%
108
M-S
5s.;
1
2
76%
J-D
A-0
54
1956
—
Elec
116%
104% 106
107% 107%
J-D
19%
38
2022
Nevada-California
97 Vi
■
M-S
C—
series
5s
41%
106
109% 109%
103%
■.
..,
J-D
4 Vis series D
Extended
J-J
M-N
F-A
F-A
J-D
,M-S
—.1964
—1949
perpetual certificates.
Sound P & L 5%s
Si
109%
112% 112%
J-D
1957
1951
:—1945
Public Service 5s ctfs—1978
Nebraska Power 4Vis
6s series A
'
-.1955
.
111
1
111% 111%
*111% 111%
111%
A-O
—1959
4%s B
97'/a
M-N
of. New Jersey—
Service
78%
"l
*106%
M-N
J-J
A-O
M-3
3-D
33
105 V8 105 Va
J-J
__1956
...
1st mtge 3%s.—.—
19
122 Vi 122%
F-A
M-S
M-N
108
114% 115
.114%
M-S
.1961
(Can)
*107
F-A
19
11
.
1948
1947
E———1971
J-J
32%
104%
104% 105%
105 7/a 108
106% 108
*107% 109
3-D
'
—1950
E__.
F._
series
Danish
McCord Radiator &
1
19
5
5%
$107% 113
3-D
M-S
J-J
A-0
J-D
.
19
45%
107'/a
105
19
18 Vi
106% 106%
19%
20
100
16
18
5%
14
35%
-
5
5
19
:17%
J-J
-
•
1
19
18
18
18
18
—
F-A
6s_——.—.——1952
Iowa Power Si Light 4Vis—.——,1958
Altalian Superpower 6s
—1963
a Jacksonville Gas (stamped)..
1942
Jersey Cent Pow & Lt 3 Vis,1965
Kansas Electric Power 3%s
1966
Kansas Gas & Electric 6s
2022
Kansas Power 6s Light 3Vis—
1969
Lake Superior Dist Pow 3 Vis—
1960
Louisiana Pow & Lt 5s—
—1957
•r-
18
97'% 102%
32%
,
,
97Va 104
Co—.
1A York Rys Co 5s stpd
{International
105
110
105% 108%
99
32%
M-N
1970
....
—
4Vis
Texas
M-S
J-J
—1958
Houston Lt St Pwr 3Vis
91%
102% 106%
M-S
5s——1948
JAGuardian Investors
103%
J-D
...—1945
Grocery Store Products
& West 6s
105% 105%
A-O
J-J
J-D
;
AO
5s—.
109 Vi
97'%
...
105%
J-J
Georgia Power St Light 5s
—1978
Glen Alden Coal 4s——
-1965
§ A Gobel (Adolf) 4 Vis ser A——1941
Grand Trunk West 4s————1950
Great Nor Power 5s stpd...
1950
Green Mountain POw 3%—-.—.—1963
Guantanamo
OR
J-D
1966
—1954
—.1969
-1953
—..—1948
*46
M-S
——1961
stamped
122
123%
104% 106%
96% 103%
Finland Residential Mtge Bank—
AGeneral Rayon 6s A—
70
79%
M-S
A.
93%
60
87%
1956
Power 3%s
69%
100'/a 102%
79'%
1952
Pub Serv 5s
125Y4
M-3
F-A
& RR 5s—
General
62%
64
96%
117% 122
13
—
101
Empire District 'El 5s———
Gatlneau
85
2030
Eastern Gas & Fuel 4s ser A-——1956 ;■
Electric Power Si Light
6s-5s
72
5s
Safe Harbor Water 4%s————1979
82.
2
Light
Queens Borough Gas & Electric—
5 Vis series A.—,
———..1952
83%
82
&
*108
'
81
82%
83 »/a
J-D
3%s—-i——1955
Cuban Tobacco 5s——
100 % 101
1st & ref
87 %
82
107Vi
21
109
101% 101%
1st
84%
145
108%
101
6%
102%
74%
69%
109
101%
Puget
99% 104%
3
F-A
'
59%
3
109
102% 106
M-N
Public
100 Va
30
101%
103'
81'%
A-0
———1954
mtge 4Vis
Elmira Water Lt
53%
108%
106
3
108
F-A
J-J
Power
Sinking fund deb 4s
13%
1
100
107
4
105% 105%
—
Public Service of Indiana
13%
4
(Bait City)—
Continental Gas & El 5s
*
'4
93
1
107% 107%
105%
1953
,
86%
(Bait)—
series N
Cudahy Packing
83%
a
108
107%
Public Service Co of Colorado—
.
A———-1951
7s
1st ref mtge 2%s ser
Gen
82
87%
—~
ref mtge 3s ser P———-1969
Consolidated Gas
103
1952
:
——
Connecticut Lt & Pr
49
81
-1969
—
IOO
*100
1949.
„
12 V
108
97%
Power
105 V*
46
12
10%
79
101
61,
108*%
A-0
A-0
5s
104
2
50
106
M-N
F-A
Potomac
99% 102%
31
J
4s
Portland Gas & Coke
117
101
111%
108%
114% 115%
7
107% 107%
1948
3%sJ
.
'
:——
10%
10%
49%
;2 ■
84
10%
A-0
—*
r
—1958
—i—
-
82%
105'% 105'%
A-O
1966
—.-—Jan
5s
103'% 103'%
A-0
M-S
J-D
5s_————...——-1950
Debenture
Cities
1927
——1952
.....—1955
101Vi
54%
Aug 1955
.
M-S
5s__.
Power
Northern
111
103%
3-D
"4
115
54
■
100 'A 104
M-S
——1954
River Power 5s
Central
A5
—
Edison
112
152% 180
115
High
109
105
A-O
Philadelphia Elec Power 5%s—1972
Philadelphia Rapid Transit 6s
.1962
151% 180
*116% 118
1945
Pennsylvania Water & Power 3%s.l964
112% 115
1968
I960
—
-
Birmingham Electric 4'/as
Boston
3
1998
..
Low
2
—1962
——
Public Service
1st
114
15
114% 114'%
1970
C
series
109 %109%
109 Vi
J-D
M-N
Q-F
1957'
.
5s
M-S
-—1950
6s
Bell Telephone of Canada—
1st M 5s series B
No,
—1968
,—..1971
——
mtge 3Vis—.
3s
Park Lexington 1st mtge 3s__
1964
Penn Central Lt & Pwr 4Vis—.—1977
Baldwin Locomotive Works105
F-A
115
Pacific
71
108%
99% 100
6
1969
111
J-J
,
Oklahoma Nat Gas 3%s B
105% 108
—
j-j
1948
5 Vis
Range Since
January 1
Sold
*106% 107 %
Oklahoma Power & Water 5s
14%
55 Ya
1st
mtge
Ohio
14 Vi
106
107% 108
J-D
City Elec 3'As—.—_—.1964
Avery & Sons (B. P.)—
5s without warrants,—-1947
3
12%
108%
J-J
Atlantic
Ohio Power
14%
J107
J-J
-.—1954
5s——,
Utility
Ogden Gas 1st 5s
14%
12%
Cont'l
Bonds
High
111
M-N
2004
1st 3%s series A
14%
12%
71
Week's Range
or Friday's
Last
Sale Price Bid & Asked
Northern Ind Public Service—
107%
47%
12%
12%
13%
Debenture
Nor
86 Vi
105
54
46%
.—1964
N Y & Westchester Ltg 4s—
104% 107%
124% 130
4
Interest
Period
N Y State Elec & Gas 3%s—
104
79%
11
45
45%
M-N
M-S
——1955
....1955
4'/aS—
Light
86 Vi
Friday
Exchange
Low
101% 106%
102% 109
86% 106%
126 Vi 126%
12%
——1977
Assoc T & T deb 5'/as A
37
Curb
High
102
107% 107%
M-S
—1968
97 Vi
106% 106%
106%
J-J
F-A
A-0
F-A
1950
.
Debenture 5s
96%
85
—1948
*
Atlanta
3:107% 108
96%
.—1949
.
AConv deb 5s
14
105'/a 106
105%
"J-J
.
.
9
102 Vi 102%
York
Week Ended Nov, 27
American Gas & Electric Co.—
2%s
1937
101% 106
'(sale,
*
No par value,
a Deferred delivery
rCash sale,
x Ex-dividend,
y Cash sale
d Ex-Interest, e Odd-lot sale, n Under-the-rule sale.
not included in year's range, Easy Washing Machine class
B, June 26 at 2%.
* Friday's
bid and asked prices:
A Bonds being traded flat.
S Reported in receivership.
no
sales being transacted during current
week.
used above—"cod," certificates of deposit; "cons," consolidated; "cum."
"conv," convertible: "M." mortgage; "n-v," non-voting stock; "vtc," voting trust
"wi," when issued; "ww," with warrants; "xw," without warrants.
Abbreviations
cumulative;
certificates;
THE COMMERCIAL & FINANCIAL CHRONICLE
1938
Monday, November 30, 1942
Friday
Baltimore Stock
21 to Nov. 2*7 both inclusive,
Nov.
Week's
Last
Arundel
Corporation
Baltimore
1st
Transit
preferred v t
Consul
Gas Elec
4%
Shares
LOW
16%
17%
1.30
1.50
11
10%
12
53%
100
c_
53%
40
102
102
12
12
Jun
1.80
12
54
Nov
Oct
104
'
Eastern
Sugars Assoc
common
Fidelity & Deposit
Co
Guilford
of
America
Realty
Houston
common
6%
Co
Oil preferred
9%
50
U S
Ry
23%
23%
27
82
15
29%
29%
29%
y
346
Central
South
&
Common
Prior
West
5%
5%
iQ-
is
preferred—
Feb
35
Oct
Commonwealth; Edison
Consolidated
Corp
82
Nov
Line
Baltimore
of
indebtedness
92
92
5%
$8,000
52
53%
22,500
42
Jan
57
May
Deere
60
60%
2,750
50
Jun
65
May
De
1947
4%
52 %
60
102
102
2,000
102
Apr
102
102'/a
&
Co
Mets
Inc
Diamond
Jan
Boston Stock
Friday
Week's
Last
STOCKS—
'.
Inc.
American
Tel
Boston
&
Range
Albany RR
Tel
Elevated
Boston
1%
Co
127%
Shares
Fuller
100
3
80%
2,449
107
83%
High
2% July
8 (/o
class B
101%
Apr
75%
Jun
1347/8
Jar.
Feb
91
24%
24%
2,558
19%
Apr
26%
65%
65
66
664
42 %
Jan
66
10%
class
*
12%
12%
13%
10% Mar
l47/a
Eastern
Gas
Common
7%
8%
410
87/a
1%
10
100
1%
2
11
—100
1%
1%
108
4l/2%
Fuel
6%
1st pfd
6%
Employers
1%
1%
5%
Jan
60c
Jun
1%
1 % May
3
Feb
1%
2%
Jan
Apr
5%
Associates
t
Motors
Gossard
Co
1%
1%
Jan
2
Feb
40
91
25
25
Feb
81%
Jan
95
Sep
53
12
Jan
5%
125
2%
10%
10%
270
4% Mar
10%
10%
30
26%
26%
46
25.27
10
22.19 May
5%
26%
20% May
25.27
5
,
<•
5
4%
4%
3
3
10c
V
10
Oct
7
,
Nov
12
Jan
Oct
11% Mar
Apr
3%
Oct
29
.
25.34
Oct
10c
75
10c
Feb
15
27%
Jan
490
1%
Jan
./
14%
12%
6
150
16c \ 16c
36
36
>
3%
3%
3%
88%
88%
*2
100
36%
4
VJ:
355
90%
626
5%
Apr
Nov
10c
Feb
3%
Nov
80
Apr
37%
5
Jan
1017/a
.
Jan
Si
Oct
20c
Oct
64c
Feb
383
12c
Jun
50c
Hibb
17%.'
17%
17%
195
14%
Jan
22%
22
23%
1,314
18 %
Jun
90c
9%
6%
6%
90c
100
10
114
60c
6%
120
22
Apr
75
28
60%
64%,
1,069
49
62
25
43
v
72%
Oct
283
50% Mar
63
62
37% May
44% Aug
21c
15
85
85
20c
Jan
46c
Feb
International
i % y
y
Drug
Ken-Rad
Co
1970
A
39%
—
72
6 Va Mar
100
39%
$600
17,000
::
?'
-i
10%
100
6 Va
Jan>
4% Mar
Jan
Aug
2
May
Feb
Feb
Sep
Jan
Sep
Nov
18
Jan
7%
10 Va
1%
700
8%
227
7%
•
220
Oct
5%
50
1%
y
7
1,300
25
10%
1%
Jun
8% Mar
8%
21% May
8%
Apr.
1
30
Apr
Jan
Jan
.
11% Nov
1% Aug
5% May
9%
Nov
20
19%
20
100
18%
Jun
25
11%
11%
12
675
10%
Sep
16%
Feb
57%
60%
235
54%
Apr
74
Jan
53%
53%
600
40 Va
Apr
54% Nov
10
300
5% May
200
3
——*
■>
*
X53 %
1
common:
common.—
Tube
&
9%
9%
LaSalle
Ext
Univ
preferred
%
7%
Nov
1%
Jan
5 "A
Nov
Field
Mar
10%
Masonite
Corp
common.—.
•
Nov
Manufacturers Sec—
Corp
Midland
United
Midland
t
100
—
6% prior lien.
—....
a.
Miller &
common..,
Chemical
Monroe
Co
Ward
Montgomery
National
Cylinder
National
Pressure
National
Standard
Oct
75
•
Jun
42%
Feb
Va
8%
Jan
50
Feb
6%
Feb
1%
Oct
21%
Nov
,
8%
Oct
Oct
;
4
A:-
-
:
600
■
V 10
4%
<
4%
450
5
4% Nov
3% Mar
700
2% Nov
3%
'
3,900
3%,
y:>-. %.
800
Va
,
200
■
Mar
2% Apr
2% Julyr
y
1,200
y 9 %• - v"
4
28% Mar
v
y
3
'
9%. Nov
14
■
Jan
14
Nov
Va Nov
Nov,
Jan
Vb %
%>:
Apr
8%
8'A
300
5%
Jan
9
3%
100
3
Sep
4
Jan
•:; 50
20
Sep
22
Apr
20
20
Oct
in
.%
%' 200
%
Sep
%
Jan
34%
649
23%
Apr
34%
Nov
8%
350
7
May
4%
100
V
26%
26% K
capital—5
21%
21%
—20
7%
7%
15%
15%
10%
10%
1
common
8%
<
.
*
common—-
t
preferred——100
.2%
4%
isy2
-
•
10%
—*
Electric 7%
8%
43A
-
10
common
7%.
Nov
12%
Apr
3%
pfd—10Q
4/
200
i"
,21%
200
v
Feb
15%
150
550
9
9
90
7%
xioiv»
.
50
7%
50
107% 107%
y 9
.r
common.—
&
18.
8%
33%
common
Inc
11% May
V
Jan
29 V*
Util
8
I.v2%
..I
common
Bancorp,
Shoe
16% July
3
100
common..
Industries
Gas
28%
11
.
—
Co
Gas
Airlines
West
23% May
100
Cooker common—2
North American Car
Northwest
29
90,
common......
&
Jan
14%
C„.8%
;
•
prior preferred- .10
Hart $1
83A
i/'VVi&.V-.vt-
preferred class A—
Jan
7%
28%
.-•,.4%
—5
6%
v
11%
Nov
58
;1%
pfd
conv
v
Oct
Apr
8
3
21%. 21%
,
V?
Utilities—
30
150
700
8,
k
1
common
7%. prior lien
9%
10%
■
*
capital—
West
Feb
Jan
%
15%
......1
Middle
%
5%
-
>
Class- A. common
Prod
% Aug
3% Mar
9%
«
_*
i
$2 cumul partic preferred.——
Food
700
Jan
14%
9%
common——..*
Mickelberry's
95%
28%
•
McCord,Rad & Mfg class A.— y——r*.
Merch &
50
Feb
5% Aug
-
j
;
v.
Mar
Mar
:
15%
*
—
' i.
4
3%
9%
;3
/
4
Sep
70
,
2,725
n
f
.
ft
'
-
——*
common..
%
4%
■
4V2
—*
common..—
Marshall
Dredging
50
70
4%
7.
Printing Co common
$3.50 preferred
Lindsay Lt & Chem common
McWilliams
5%
84%
———.5
common
Lincoln
Northwest
71%
5%
82%
-iir
.100
Libby McNeill & Libby common
.,
3%
3%
1
—
Lamp common A—_*
Kentucky Utilities 6%
Oklahoma
72
8%
•
Jarvis (W B) Co capital
Katz
North
1960
Jan
37% Jan
*
t c
capital—
Harvester
Noblitt-Sparks
6
y 7%
3%
1,250
24%
Jan
62%
1%
18
7
.*—.100
v
Nov
43%
*
Sep
28% May
6% Oct
500
S 6
.10
Illinois Central RR common
Nov
35% Mar
21c
■y:5o:/
9
17
'V
.
67/a
Apr
61%
7%
17
25
.
,
Modine. Mfg
43
7%
29%
21%
1,150
22%
8%
X
Minneapolis Brewing .common
85
100
•
ser
21%
V
10
i
Jan
2ic
1
mortgage 4%%
V- 41
22%
*
common
29%
Jun
3%
Oct
1% July
May
63%
4%
.
Oct
Nov
Spencer Bart common
Nunn-Bush
Income
3%
150
:
Oct
4
Nov
class B_—
Illinois Brick Co capital
Nov
10
Apr
984
187/a
26
.
Mar
6%
25
series RR
50
;
Houdaille-Hershey
Jan
RR—
mortgage 4%
90
7
41
Jan
220
29%
Inc—
Sep
BONDS
1st
33
7
23% Nov
10%
Harnischfeger Corp common
Heilman Brewing capital
Feb
38c
34%
,
& Maine
Boston
25
,
"•»
36 %
Jun
'
Jan
28C
34%
Tunnel
Feb
18
25c
•
Bros
>
Jan
29
Co...
.
14%
29c
;•
•
May
27 V*
Apr
3% Nov
Sep
5
preferred
35
Feb
11%
•
25c
25c
*
—....—
24%
■•••; 32%
Jun
Feb
3
23%
Nov
3
13
12c.
120
A
is.
65
Jan
•
Inc
.
1%
14%;
12%
—50
(The),
System
3%
20
12%
y'
—
2.50
Vermont & Mass Ry Co.——
Warren
/
336
3
34%, 34%
3%
1
United Shoe Machinery Corp
Waldorf
'
16%
450
Jan
5
1%
91
50%
32%
32%
40
3%
3%
40
Va
43%
176
Apr
23
Jan
19%
18% May
36
Jan
46
41
NOV
7% Mar
19%
26
Nov
9%
"Jun
11%
44%
.
9%
8
29%
Great Lakes Dr & Dock
Inland Steel Co
19%
6% Aug
50
410
Jan
—
Oct
50
2,100
1%
■
Jan
8%
22
>
—
% May
1 Va
Oct
24%
8%
36
3%
*
common
common
82
100
;
Drill
&
7
Apr
8%
36
10
common
Rubber
W)
%
*
cumul
3% Mar
19
42%
Corp
(H
%
*
Metal
50
40%
%
25
6%
87
7
12%
Apr
Independent Pneumatic Tool
Association
Utah
21
Feb
24%
Indianapolis Pwr & Lt common
*
RR
Fruit
21
6%
(.
189
Oct
Quincy Mining Co—
United
100
35%
Oct
1
Mills
Co
Jan
12%
34%
Oct
100
Webster
16%
8%
10
—
3
New Haven & Hartf RR.100
Twist
13% Mar
*
common
57/a
.—100
.
c_
Old Colony RR
&
100
15%
7%
5
North Butte Mining
Union
Jan
15
46%
Jun
25
pfd
v
England Tel & Tel
Torrington
Nov
12%
1 %
Jun
*
—
——
Stone
Nov
14%
Sep
13% May
Feb
*
common.
RR
Shawmut
21
Apr
9
35%
5 Va
—*
i
Theatres
Pacific
Apr
10%
75
.
60
4%
•
class A—
(Del)
Pennsylvania
15%
470
-
150
75
•
preferred.:
New York,
Aug
2
Aug
,:14% Aug
200
30
1
Mergenthaler Linotype
Narragansett Rac'g Assn Inc..
New
Jan
1%
164
*
—
Util
Feb
14
Goodyear Tire &
Oct
*
Co
Boston
Maine
Mass
%
4%
;
110
38%
1%
100
Association
Central
Loews
Nov
1%
6%
—100
B
Corp
120
»>
Jun
13%
5%
100
Corp—
Hathaway Bakeries
Lamson
7%
4
4% May
1
"
37%
•
conv
•
50
320
13%
Liquid Carbonic
$7
1 Va
•';;X
10%
.
common..—*
Co
6%
Ry common.—100
Gillette Safety Razor
Class
•
Corp common—.1
5%
common..
Group
Capital
Nov
■
13%
•4
~3%
6%
Economy Grocery Stores..•_
General
Jan
.3,
■
15
„.1
5%
.100
B__
Lines
V
e*—
——100
preferred adjustment
SS
.23%
21
—
15
*
series A
preferred
5%
Eastern
Apr
•.% May
■
10
...*
....
*
—
——
Street
Mass
Co
Auto.:
Denver
General
Oct
Associates—
prior preferred——
Eastern
Nov
Jun
12%
'■.
•.—5
Corp
5
__
————
6% preferred
Nov
3%
13
.
....—
common..—
Drive
Foods
Oct
1%
stamped
stamped
Co—
&
67%
12
!i:
__
Jan
7%
1st pfd stamped-—100
D
Range
Copper
pfd
1st pfd
Util
Morse
General
Nov
150
100
Corp
24%
100
Calumet & Hecla
11%
Jun
19%
21
*
(The)—
Finance
RR—•
1st
A
200
Jan
10%
General American Transp common—5
3% July
100
Ry.
preferred
class
2%
1
—
^
—.>•
——
General
"
5%
8%
45
,"279
6%
2%
common.—...2
Car
Mfg Co common.......
Gardner
Range Since January 1
Low
128% 130%
80 %
100
prior preferred
67o-
4
2
Jan
7
common..
—
Fairbanks
High
3
__
100
_
Traveler
Maine
&
.17%
—*
Elgin National Watch
25
Herald
4,100
preferred..:
Household
Four-Wheel
for Week
Low
1
Edison
Boston
21%
Sales
of Prices
Sale Price
Par
Boston
Exchange
21 to Nov. 27 both inclusive, compiled from official sales lists
Nov.
Boston
20%
'
1
common
Motor
T
Class A
Electric
&
2'/#
:
Nov
110
Jan
391
1,650
•12
30
Dayton Rubber Manufacturing com
Oct
92
Jan
88
1975
4s
America
Fisher
"300
3%
13%
Eddy Paper Corp
&
July
Oct
33%
Apr
96
66%
V-—
Nov
Dixie-Vortex
Alles
*
*
1975
Transit Co
of
28
50
Conn—
5s series A
Co
250
Feb
1%
^
11%
y 1%
Feb
100
May
% May
3 y2
■
50
30
71
11,550
Co—
Mar
21% May
Feb
64%
'
1..*
Oct
97
jV Apr
Apr
6%
ny2
'
6 y2
2%
Certificates
Finance
"
..50
22'A
Jan
•jV Mar
is
4% May
100
1%
32%
33%
107% 108
•
July
Jun
70
200
88
1%
21.
—1
—
July
Feb
Apr
65
I—
25
Consolidated Biscuit common
Oct
26
16% Mar
Nov
41%
100
11%
10
common
Jan
Consumers
16%
1,510
88
—
—I.*
5
common...
30
88
,
'
*
Chicago Corp common
—
1
iy2
Convertible
preferred
33%
Chicago Towel Co conv preferred——'
Oil
Jan
Util—
Cities Service Co.
9%
5%
'
is
*
Chicago Yellow Cab capital.
Chrysler Corp common
50
Va
Bonds—
Coast
High
12%
150
64%
%
a
—;
lien
61
j
—50c
preferred
Jan
v
•
.
Atlantic
Low
75
16%
1.
72
566
92
pfd
Apr
19%
18
21
$6
23 % May
4
20%
Serv
Nov
Jan
40
250
92
15'/a
Nov
Pub
127
Nov
8% July
20
.
82
;_2
24%
23
9%
Range Since January 1
High
16%
•
Mar
6%
35
21
50
Fidelity & Guar
••
12%
July
108
7
92
Vernon-Woodbury Mills pfd—100
Casualty
2
Central
.V.-
50
27
23 %
25
pfd—25
Amsterdam
New
Northern
35
preferred—100
Monon West Penn Pub Serv 7%
Mount
35
:
127
35
—10
AJ..5
250
7%
6%
127
__20
Fidelity & Guaranty Fire Corp
Finance
6 %
t c__1
v
—
9
Illinois
Convertible
Nov
Mar
capital
Central 111 Secur common...
Nov
96% Mar
100
Davison Chemical Co common
Central
Nov
40
10
__1
17 V*.
3.50 July
1,596
—.100
preferred C
Apr
30c
1,784
Light & Power com.—.*
High
13%
150
vtc—*
common
Range Since January 1
High
*
__
Co
Foundry
for Week
Low
Shares
Campbell Wyant & Cannon
Range
Par
of Prices
Low
"
for Week
Range
Sale Price
Par
Sales
of Prices
Sale Price
Sales
Week's
Last
STOCKS—
compiled from official sales lists
Friday
STOCKS
Exchange
50
Apr
Apr
3% May8
Apr
10% Jun
0% May
7% July
105%
Jun
%
Jan
9%
Jan
5
Jun
27%
23%
Jan
Jan
8
Oct
15%
Nov
11%
Feb
10
Oct
10
Jan
107% Nov
'
Peabody
Coal
B_
I——5
—
common
100
3
3%
76
77%
950
series
es
Street
3%
Nov
Jan
77%
Nov
is
%
Jan
4%
Jan
22%
23%
499
18%
Jun
25% Nov
44 y4
44 y4
100
36
Apr
47
Perfect
Mass
10
Peoples Gas Light & Coke capitaL.100
Eastern
22
22
Ry¬
6% preferred
D
;
—1948
107
—
107
1,000
105%
Nov
108
Jan
Penn
& Electric common A
Gas
Pennsylvania
Potter
Circle
Co
Pressed
Chicago Stock Exchange
capital
RR
(The)
(The)
*
is
50
._
ie
22%
Co
common
1
y. 6%
73
*
common
330'
60
20%
Oct
24%
Jun
150
%
Apr
%
Jun
6%
200
8%
Jan
73
5%
Friday
Last
STOCKS—
Sale Price
Abbott Laboratories
Acme
Steel
Adams
Oil
Advanced
Aetna
Allis
Co
&
*
common
common
Gas
Co
Chalmers
Mfg
American
56
Apr
50
Tel
&
&
Co
Tel
Co
Jan
48%
Jan
Schwitzer
Apr
5%
Oct
Sears
2
Jan
3
50
9%
Jan
11% Mar
145
22%
Apr
30%
2%
250
10
24%
128%
capital- .100
25%
89
128% 130%
40
70
89
May
Mar
Jan
Nov
994
102%
Apr
133%
Jan
275
2%
Sep
4
Jan
'
3
5
common—
49%
Sep
3%
Sangamo
Aro
Equipment Co
Asbestos
Athey
1
common...
Aviation
Wheel
Corp
Radio
3
&
Warner
X3%
—
4%
"~5
common
i
Butler
150
6%
Apr
%
Sep
1
150
3
100
2% July
3%
3%
700
2%
4%
■'wm.
4%
8%
140
Jun
Corp
Serrick Corp class
South
Colo
&
Wire
(E
L)
Brothers
For footnotes
see
page
1943.
—.—
...
50
517
4%
29
1,000
29
24%
24%
25%
60
250
12%
5
150
200
33%
250
4%
1,050
&
Swift
International
6%
12%
200
11
25%
26%
390
19%
Jan
27%
*
12
12
12
300
7%
Jan
13
1%
13%
13%
14%
450
5%
4%
5%
1,200
500
Nov
4
8%
61
Jan
Nov
May
5
Feb
27% Mar
30
Apr
23%
33%
Apr
Jun
%
2%
Sep
4% Jan
1%
Nov
2
Jan
12
July
.20
%
:
Jun
11%
11%
.25%
26%
532
20
1%
1%
5,250
1
Feb
7%
7%
146
5
Mar
1%
50
.
10% May
Apr
%
27%
Oct
Nov
.1% May
8
% Nov
Jan
15
20
Feb
30
14%
Swift
Jan
Jan
6%
100
.22%
Sep
14%
43% May
950
.25
Feb
Jan
3%
Corp common
: ..5
Machine Tool common.. ..5
5
52
1%
Warner
14
Oct
Jun
Va
Stewart
39%
3%
41
1%
Jan
28% May
3% May
Oct
3%
4%
11% May
3% Mar
Jan
y2
'
Jun
2
3%
.25
Indiana
100
8%
Oct
57Va
VA
..1
of
20
61
1% Aug
148
"~2
capital
5
common
—
—.
Sterling Brewers Inc common.—
Oil
40
73% Nov
..1
common..
common—
Standard
25%
pfd_.
Preferred
200
4%
,
*
Oct
12%
A
..1
Oct
-10
class
Oct
class A
common
Dredging
2%
42%
58%
B common
Power
Inc.,
Standard
Jun
8%
...
Signode Steel Strap preferred—.^1. .30
South Bend Lathe Works capital—. ..5
.Spiegel,
Apr
1%
1%
~2%
capital
3%
5
common
Co
39%
250
20
capital—;.
&
50
1%
1%
common
Cummins
41
41%
1%
•
1%
Fence
Co
8%
1
33%
Common
Bruce
8
12%
10
*
Corp
Brewing corp.:
Laughlin common
Bliss
Borg
Brown
.
■
4
(Delaware)—
Aviation
Berghoff
•'
3
common.. 1
capital
Belden Mfg Co common
Belmont
Bendix
w—
"
Manufacturing Co
Truss
41
capital
Electric Co
Roebuck
'
146% 146%
5
_50c
,
St, Louis Natl Stock Yards
37 % May
60
4
85
IlOO
High
39%
100
100
2%-
"
Armour
Low
146 y4
10
preferred
Common
Range Since January 1
5
10
*
Co
46
43%
100
Raytheon Mfg Co 6%
5
—.5
Castings"—*
Bearing common— ;_>*
American Pub Serv preferred
Shares
1
Preferred
Rath Packing common
Sales
for Week
High
46
*
Alum
Ball
of Prices
42%
46
25
_
common
Range.
Low
Par
•'•
Week's
Jun
70
•
Nov. 21 to Nov. 27 both inclusive, compiled from official sales lists
Jan
50
%
%
—1
common
Steel Car
Quaker Oats Co
76
'
May
1% Mar
10
4%
Jan
Sep
Jan
Oct
Sundstrand
Co
capital
Texas
Corp capital
Thompson (J R) common—
Aug
Trane
Co
2% Aug
Union
Carbide
14%
Oct
U
6%
Feb
United
S
(The)
Gypsum
Air
&
Co
Lines
common
Carbon
14%
15%
150
21%
22%
1,350
27%
29%
210
19 Va Mar
29% Nov
.25
39%
40%
163
30%
40%
Oct
: .2
8%
8%
77
8%
Nov
25
capital
7%
7%
150
7%
73%
73%
460
58%
56%
57%
22
16%
17%
205
.15
capital
;
73%
common
20
Transp
.5
capital
16%
12 %
20
5
41
7%
May
19
Jan
Sep
25
Jan
Apr
Jun
Sep
Apr
May
Apr
10
76%
Feb
Nov
59% Nov
18 Va
Nov
THE COMMERCIAL 8c FINANCIAL CHRONICLE
Number 4129
Volume:156
1939
OTHER STOCK EXCHANGES
Friday
:;
Week's
•
Last.'-"
'Range
Sale Trice
STOCKS—
tow
47 %
47
•—
Range.Slnce January 1
.Shares
*
Low
High
44% May
55% Jah
High
.
967
49 Ve
,
'119%
Watling, Lerchen & Co.
Jan
110% 111%
*
-
—
1
Utah Radio Products common—
for Week
•
..of Prices
Par
„_—*'
U S. Steel common..
—
i 1% cumulative preferred——
100
Sales
33
107%
Jun
i%
500
1 %
Jan
1Tb July
i%
,■
.
„
Members
Walgreen
19%
19%
500
15 Tb May
20% Nov
17%
17%
30
11%
Jan
17% Nov
26 y8
26»/a
60
23 Tb
Jail
29 Tb
Oct
75 Tb
76%
-46
63 %
Apr
81%
Jan
4%
4%
250
4%
Noy
6%
Jan
2
2
400
Feb
5%
1
Aug
4'% Mar
2%
100
5%
Nov
Co. common—
1
'Wayne Pump Co 'capital--——:
1—100'
Western Union Tel common,;
Westinghouse Elec & Mfg common—,50
4 V:
Wieboldt Stores Inc common———*
Oil-O-Matic
Williams
common—,.
common--:,.
5%
5%
Woodall Industries common.—.
2%
Bankshares
Wisconsin
2%
51%
53 7/«
Zenith
16%
Jr)
(Wm
Radio
Corp
common—,,,.
Stocks—
Unlisted
4
4
62%
4%
8% Mar
DETROIT
Telephone: Randolph 5530
17% Nov
28 %
Jan
643
27%
Jan.
53
Get
-? 56%
280
50
May.
67
Jan
8%
250
5%
Jun
9
Jan
29
29%
660
21%
Apr
6
x6Va
150
5%
Jun
19
19%
150
44
42%
45%
General
29
Co
54
~6%
——*
_*
Martin (Glenn, L> Co common;
__ 1
Nash-Keivinator Corp——,5
6%
Interlake Iron Corp commort—
RR capital
X19
Nov. St to Nov. 27 both inclusive, compiled from official sales lists
v.: ;
'
'
'
Friday.'
,■
'
30%
'■
Oct
Alum
Jan
Bohn
7
Oct
^5
common,,
Nov
35%
35%
100
27% Mar
35%
Nov
21%
240
15%
Jan
2iy4
Nov
1,007
975
6%
Jun.
12%
Oct
Brown
common——i—. —1
1%
1%
100
1% Jan
1%
11%
Apr
17%
Oct
8%
8Ta
388
6% Mar
9%
Oct
20% July
28%
Nov
_«
Burroughs Adding Machine—
Continental Motors common,.,—,;,. 7a
4
4'/8
550
2% May
4%
Nov
1%
1%
825
95c
Jan
1%
Feb
78c
Jan
4%
Aug
Apr
1% Mar
18%
2»/a
Jan
15j/4
Feb
16%
16%
220
26%
28%
610
10%
10%
320
7%
Apr
10% Nov
4%
530
2%
Jan
4% Nov
*
Crowley Milner
Standard Brands common——!———_* ;
3%
19
Cleveland
.
Edison
Jan
Nov
Federal
12%
20
10% Aug
14
Nov
Gar Wood Industries
Mogul
5
common
.,3
common
Sales
r:v!'77jf
7 ,;.7
*'
Shares
700
1%
Jan
11%
375
8%
Apr
\
7
7''1 ]'
'"-j
Range Since January 1
3
15
13
Oct
4
Oct
Sep
(S
Kjresge
S)
common—
87c
1,050
56c
56c
100
65c
30c
Jan
1
Feb
1%
Feb
Oct
200
19%
100
17 Va Mar
21 Vi
Feb
2%
2%
326
2%
Nov
17/B
1TB
100
2'/a July
1% Jan
2»/4
Jun
1%
100
1
1%
Nov
800
15c
2%
—
common
Nov
1%
—
LaSalle Wines
Jan
5y»
100
60c
Feb
80c
Jan
19%
;;7
Masco Screw Products common—,—1
3 y4
Nov
10%
6% Sep
10o
Oct
Jan
1,00
1%
IVa
—i,—2
150
4%
Feb
2T4
Jun
56c
9%
60c
—
3%
1% July
60c May
4%
Nov
41%
30V'b
9%
9%
1
10
— l
Lakey Fdry & Mach common—
1,650
81c
11%
2% July
Jan
259
2
—
common——1
& Mfg
510
3%
41
41
!
———-k
Kingston Products common-
for Week
of Prices,
Sale Price
STOCKS—
Lock
-Hurd
both inclusive, compiled from official sales lists
Range
37/b
7 1%
;
,,
Grand Valley Brew common
1
Hoskins Mfg common
——2%
Hudson Motor Car common—;——*
Cincinnati Stock Exchange
Week's
200
3
10
common—,
common—_!T_^—,1.
Brewing
Graham-Paige common
,
13%
11%
25%
Aug
Goebel
Last
13%
llVa
13% Mar
Friday
2%
800
~3%
250
302
General Motors
•
200
1,172
2
6T4 Nov
5%
12%
7
3%
17%
2
3%
24%
'•
3%
17%
3%
.20
Stove common
-5
Detroit Steel Corp common—;
,5
Eureka Vacuum common
—
5%
23
common—!10
common- ao
-i
22%
5%
Studebaker Corp common———— 1
Wav
common——
Detroit-Michigan
44% Nov
Apr
.3 Va
*
&
Detroit
Jan
S
Apr
31
350
43%
43
Standard Oil of New Jersey capital—25 '
2%
319.
4y«
1%
common
Feb
1
13 y» May
425
14 TB
'
Yellow Truck St Coach class B———1
McLaren
Detroit
4
14:1
J
4'A
6%
..
..
Feb
3
11%
Corp of America common——*
Republic Steel Corp common;;*———**,
.•!!
775
5%
Radio
:
High
LOW
4
llTs
x26'/4
..capital—1-;—111,—■l-i*';;
Pure: Oil Co (The) common;———!,*
v7-';!7!7,,;'7.7!,;,
High
4
Briggs Mfg common
&
Range Since January I
Shares
21%
Brass
26
Jan
4
———,1
Baldwin Rubber common
17% May
Low
for Week
5%
,
Pullman; Inc
■
Range
of Prices
Par
7% Jan
Sales
' Last
Sale Price
!
'■
STOCKS—
3Vz
.paramount pictures common,—,——_ 1
«.'■
Week's
11%
—i*
Nov. 21 to Nov. 27
Exchange
6% Nov
Apr
22 Ts May
Pe com—100
Bethlehem Steel Corp common
•
Cnrtiss-Wright
-—-1
Atchison. Topeka & Santa.
U. S- Rubber Co
Ford Building
Detroit Stock
3%
660
26
York Central
Chicago Stock Exchange
Oct
.900
40
1,290
25
N*w
Exchange
Jan
2% Mar
6%
5%
6
25%
Copper Mining—-———50
Electric
New York Curb Associate
Exchange
Jan
Apr
100
195
:
..
16%
Detroit Stock
.
American Radiator Si St San. com—,•
Anaconda
4
2% July
250
,2%
Co capital...—_!
Yates-Amer Mach capital—;—
Wrigley
New York Stock
,
'
;
,:
i.
.
•.
"..v."
.
Laundrv
American
■,
'!•
7.;
■'
Low
:
7/
High
20%
Par
:
Machinery- —20'
21%
21%
;;
High
Low
■
'
Jan
22
% Mar
2
19
96
'
American
Prod
prior preferred- —7
Participating preferred
*
;
;
3%
Crank—!,!-!^i
Cincinnati Ball
.
••
•
~9%
220
9%
2
*/ 60
86
5%
96
58 V4
Nov
'
58 y4
s
Stock
Crosley Corp.
•
»
Yards——
;
!; ''.
•
————; ——10
Insulation——,—A !
Eagle-Picher
Formica
Gibson'
■
Parke
Oct
'
Rickel
Jan
77
River
Kahn'..
.
Kroger.
S
■
■
*
■.,!
'
,
Unlisted— /.
"
V-'"
•
:
•
Timken
Jan
12
221'?
Apr
29%
Jan
%
51%
264
42 %
2%
45
29%
58
10
3
3
7M
10
41
2% May
77777'
Jan
4
■
Jan
7
2
3%
36%
36%
-
7
.
;
Jan !
12
2%
Jan
43%
NOV
3
Aug
4% Nov
32% May
433/b Jan
■
20
Los
I'j
!..•
1
:'<■!
Last
■
Par '
.
-,7.
;
■
7;
Brewing Corp of America-;,-—;—,3
*
City.
Ice
Clark.Controller
so
.4%
10"
:
4 -7
-*
12%
2%
-8%
144 ■:
•-
Chica
Cleveland 111
62.
High
.
July
11%
4%
Apr
150
2
Feb
Jan
10
Nov
-
14y« Jan
'
Sep
——!LA A >s
Faultless.Rubber,-
.
-
13-
.
.
Feb
3
.
74% Mar
Oct
110%
7(
Jun
14%
Jan
Mar
11%
16Ta Nov
Jan
15% Sep
50
:
Metro
Paving Brick 7% preferred;
.National Acme
National Refining
class
Nestle, LeMur
"Ii%~Jan
~22"%
Nov
80
7
Nov
9
Mar
'
184
30
Aug
40
Jan
575
50
100
;
:
3»/4
9
.
Upson-Walton,
Van
Dorn
—_
—
Works
Iron
Vlchek. Tool
-25
;;
,
Tb
1%
10
80
11%
22%
39 y4
4%
4%
404
23
39%
.
-
1
10
10
:--5%
;_*■
—
374
126
11%.
>
*
-
1,332
60
Tb
23
,
.
;
.
10
N
Y
Ohio
.
Central
Oil
U
S
RR
a29
*
•
■
5%
-
-
50
278
100
a
^
Steel—,
footnotes
see
page
1943.
Jan
1V2
Jan
•3%
200
2%
Jan
4%
Nov
2c
200
lc
6c
Feb
Oct
July
.
65
68
Apr
Motors
Hupp
Motor
Lane-Wells
Lockheed
10
Nov
3% Nov
60
Nov
1% NOV
Feb
1% Nov
Jan
21% July
4%
90
12
Aug
29% Jan
275
a47% a47%
26
Seo
3%
Nov
70
30
150
2c
a20%
20%
?
July
8Y*
Jan
1,000
2c
Nov
2c
Nov
1,000
lc
May
2c
Nov
;
30
19
19
100
19%
Jun
17
35
10
Oct
20
Oct
Jun
127/a
Apr
Jan
66
Nov
9% May
8
46%
a64%
66%
134
6%
6%
520
4% May
5%
5%
100
4
7
Jan
Aug
5% Apr
10
.
Nov
75c
1% May
42c
220
7%
2c
22% May
380
1.35
70c
30
7Va
Jun
7
Nov
Oct
20
20
500
17% Apr
23
Oct
55%
55 Vb
100
53%
Jun
64
Feb
10c
Jun
20c
Feb
380
—
17C
1,300
Corp
-*
25
380
Jan
Jan
Oil
Oceanic
335
385
Jan
Jan
11
6
8
—
———1
6%
preferred——
.25
Pacific. Lighting Corp com—-——*
Republic Petroleum Co. common
1
Rice Ranch Oil Company—-;——!
Richfield
Oil
Mar
Sep '
22 Tb
31
4%
200
7%
55c
1
.
%
%
209
172
Oct
8
55c
1.10
Apr
7%
Feb
23
15 Vh May
496
Oct
1%
Jan
5%
10
6%
16
Oct
Nov
4%
3% Mar
Jah
Nov
Nov
Apr
8
300
40c
Apr
55c
1,490
95c
Sep
25c
Jun
40c
Jan
Jan
20 %
Nov
25 %
6
1,90
Jan
35c,
20%
300
a22%
23 3a
137
29%
■
35C
775
10.
29%
237
Apr
25% Mar
30 Ya
Nov
32%
265
22%
32 V2
Nov
31%
2
2
al8c
18c
---
7%
;
25c
—
3%
1
—
Apr
—*
Safeway Stores Inc
Security
Co
Units nf
Union
Oil
Aircraft.
Ben Int,—.——
Corp—-.
8
25c
3%.
a37%
a30T2
Company———1,
Sontag Drug
12%
Oct
17
Feb
Stores
—
7
2%
6%
16
1.15
300
375
15c
6%
1,300
Apr
2>/4
Jun
33c
July
8%
Apr
27c
Nov
Oct
May
Jan
Nov
423
25c
Mar
250
3
May
5y8
Feb
20
35
July
37%
Nov
Oil
Co
of
Corp
California—.
*
,_2
2%
16
2%
11
24% Jan
10% May
30 Va
Sep
.200
1%
200
2%
.
16 Ta
Oct
Jun
2%
Feb,
Jun
5V2
Feb
100
20%
1,655
Nov
128
Apr
24% Mar
21
29
29 V4
Nov
27%
27%
508
23
Feb
27 Vz
Nov
31
27%
3%
20%
29
,20%
preferred B
Standard
30%
16
-*
——25
5%% preferred C
25
So Calif Gas Co 6% pfd class A
25
Southern Pacific Co
——*
37%
a28%
,
—-15
Southern California Edison Co Ltdi—25
6%
13% Sep
Jan
Apr
;
1
,—
Corp common—.:—.—•
Warrants
11%
17%
6%
18
a23%
1st
5% Jan
Nov
150
413
-16
—
Corp common—j—10
Pacific Gas & Electric common——25
Finance
3%
300
22%
4%
!
-
42% Nov
31% Feb
30%
a%
—1
Company.
3%
417
22%
;
Corp———1
Mfg Co
3%
42%
30%
--
—1
-
:
—!
-*
—1
Corp—;—
Car
Co
Aircraft
a40%
a41
3%
*22%
common
Jan
—p9%
2.20
2.20 May
al5c
1
Bank—100
Ryau Aeronautical Co—,;
5%
25
14%
14 y8
1.35 July
3,300
2c
;
Feb
Jan
~~4%~Oct7
common
High
Low
2,100
3%
2c
7^.
—
Range Since January 1
7,
High
1.75
1.30
a65 Va
.
Angeles Investment Co——;10
Oil Company
:
—1
Pacific
1% May
36
Jun
1
A
Hancock Oil Co common A—
Los
19
%
Shares
70c
19 : fA
Mascot
13% July
7
Co
Sales
for Week
29
—-—:—,j:.7,;
*
Transamerica
For
xVb
3%
—
,—100
10
General Paint Corp common———*
Goodyear Tire & Rubber Co———*
General
Feb
20
alO% alO%
*
555
—
Corp.——j
Farmers & Merchants Nat'l
Nov
135
all% all'/a
._*
1%
7%
-*
-1
1
—
5
Corp—_———*
Oil
-Preferred
5
15% .90
a29 y2 a29%
a29% a29 Va
*
:—
common
Nov
1.00
1.70
Douglas Aircraft Company
13%
150
*
common,—,;
common
Republic Steel
al5%
io
common
14%
Range
■
Addressograph-Mul
Jan
Week's
—
Company
Corp
Consolidated Steel
Solar
Industrial Rayon common——
Nov
Jan
10
'ry.'.
Aircraft
Cessna
Chrysler
Jun
"
General Electric common
13
47
100
of Prices
*-t
1
common—
Central Investment Corp
Shell
Unlisted—
8% Mar
125
460
14%
.
1.75
3%
— -'--v.
Packing Corp common——*
California
May
65
3%
.
55
.
%
—
•
Standard Oil of Ohio-i
-
.
_
•
.;;*
——
3
•
1%
.
*
10
68
68
■
535
15%
al5% al5%
.;
—_*
•
—
v: 59%
,
A_
PattersonrSergent
Richman Bros.
•
..
*
new
v
Prior preferred
National- Tile,,— ———
.
100
;_1
Nov
85c
Low
—-50c
Inc
Hudson Motor Car Company—
4%
...15%
Medusa Portland. Cement—
Nov
iy4
13
Last-
Sale Price
Company
Oil Co common
Union
Menasco
,
iy«
Jan
Jan
13%
13%.
v
,
6
90
33
! 4%
'
13%
615
8*8
33
,
Leland Electric
/
10
1,000
a217/e a22
.
July
110%
5
15
a24% a24%.
Goodrich, B -F,—:a24%
Goodyear Tire & Rubber—, —
\
Halle Bros common,—-————!;5
8,
;Tnter.lake Steamship
'.
.'—'7,.;
Larason & Sessions—
7"7—!
,
55
398
62
63 V2
allO% allO%
10va U t;,-.
15% lOTs
.
*
!!
Cliffs Corp common—710%
Colonial Finance
.t———1 - * 16Ta
$4.50 preferred
Apr
75
'
Preferred '
Exeter Oil
Cleveland Cliffs Iron, preferred™——*
.
Oil
Consolidated
252/
2%
•
2V'4
Low
64
10
12%
>7.;-
-
._!—*.
Cleveland Builders Realty—
Range Since January 1
.
al8% al8%
Fuel——,!w*i
&
,
High
*.* ,4%
—
Jan
65c
2c
—
•.
Accessories
Petroleum
Buckeye
Shares
of prices
Low
"
Akron. Brass ..Mfg,-—50
,
33
23% May
.
125
Angeles Stock Exchange
Broadway Department Store Inc
for Week
Range
Sale Price
-
'
'
1,725
Feb
Mar
ITaMar
1%
Friday
i
Bolsa
Sales
Week's
Friday
-V:
STOCKS—
1
100
iy4
: —i
1
Barker Bros Corp 5Ta(V pfd+-——_5Q
Blue Diamond Corp—2
official sales lists
to Nov. 27 both Inclusive, compiled from
.
28 ya
2
Sep
3%
—1.
4
—1
STOCKS—
Cleveland Slock Exchange
;■!,
1% Aug
85c
—.
;
7-7
Aircraft
7;
1
350
2% Mar
Nov. 21 to Nov. 27 both inclusive, compiled from official sales lists
Bandini
'-
106
IVb
13
13
*
Par
'
iy4
;
,"7"i.
Nov
30
!:■ 185:
4«A
36%
—*
Nov. 21
Jan
130
Feb
July
1
105
;7;
40%
May
9% May.
-
7: 201
41%
41
'.
■m:
2 Tb
15 7/a
1%
700
28 y2
—
common—
Apr
1% Aug
10% Nov
200
1%
14%
—-50
B-——_
common—,
Nov
2ya
—-7 :
Brewing
Jan
1
iy8
common———__—_l
Aircraft
Warner
Wolverine
27
10%
;
—
Oct
3
Apr
1%
—
95c
common—,
Nov
Jan
56c
S5C
Products
6%
1%
10%
IV2
10
:
Jan
Apr
Mar
19%
700
90c
class
1%
2y8
—-—-2
common———,*
—
2
507
1V4
Cooler
4%
350
——:
July
85c,
1
28%
Universal
30 Vb Mar
:
2%
26%
99c
Jan
2Va May
'A ''
281
10%
9%
30 7
85
38%
:7'7:7-7-'''.
Roller Bearing——— 1ZZ*
4T2
Oct
2%
25%
23c
Jan
■
38
Z—Io
2
25% May
'
2%
26%
99c
—*
—1
Universal
Oct
200
*
:
Wayne Screw Products common-
'''
:
52%
Feb
Preferred
.
5%
common—10
Axle
U S Radiator
1
Oct
200
5%
common——:,,*
common.
1%
Jun
Sep
1%
400
1%
common—
Paper
1%
5%
common
Tivoli Brewing common
Jan
'/*
; 1%
Brands
Standard
'■
Nov
43
(HW)
Raisin
Timken-Det
Jun
100
Car
16c
1%
—
Simplicity Pattern common——
1
.Standard Tube class B common-——A.-
July
25r
%
—
!
Motors—
6
18
18
,.
25%
50%
:
Columbia Gas -T——!—;,—
General
Feb
%
7
J
Roiling Mill——— —25
Mar
2%
7"
'7*3 ;z:
•"
~—Z50
Preferred..
:
25%
51
!;»*
Printing—
Americah
-*
•;
"7;:
6
6
•■!
■
¥2
.
Cord———- —10
■
7
•.
•
——,—;—l--;!
U S Playing
V
Z •'
1
16
17
65
18
21
29%
,*
'
—
National Pumps
———;
Procter dt Gamble common—
•'
■
16c
1%
10
—
common—;
Scotten-Dillon
8% Jan
6% May
120
Jan
9% Nov
6Vb May
50
7Ta
17
21
17 y4
*,;
'
7%
.
9%
6% May
Davis
Peninsular Mtl Prod
:
■
-
Art;;;—
.■Rapid
7%
■
■
8%
8%
—!—
—
.125
7 V4 ~ "7%
;
iy4
7
16c
common—.
common
Packard Motor
Jan
9%
Jan
common——1
Oil
Casting
/Z
3% Mar
Jan
Aug
■
Un
Cin
Die
1
Mid-West Abrasive common———50c
Sep
3% Jan
Jun
,
68
432
59%
,
1%
110
253 '
v;
'
9%
58 y4
<
2%
% Mar
'
Sep
Mich.
Murray Corp
3%
817
Cincinnati Street-!——— —50
—J-50
Cincinnati Telephone
%
2%
81%
•
•
220
t
,
2%
Cincinnati Gas & Electric pid— —100
%
.'
%
■;7~ ;-7j'
77. a 7:7'
'
.'Churngold;'
"'%
Z,Li
McClanahan
Apr
31
235
25% Mar
31
Nov
14%
15
1,040
10 %
Jun
18
Nov
18 %
Apr
28 y4
Jan
57/a
Oct
Oct
3%
14%
26%
26%
27%
875
5%
5%
5%
1,532
,
15
4
,
I
THE COMMERCIAL & FINANCIAL CHRONICLE
1940
Monday, November 30, 1942
OTHER STOCK EXCHANGES
Last
Low
Low
14
St. Louis Listed and Unlisted Securities
High
8
15%
Oct
8%
Oct
14%
14%
1,290
10
7%
7%
170
6
Apr
7%
7Va
110
7
May
3%
3%
50
1%
Apr
2%
Nov
—*
6%
6%
140
4%
Jan
6%
Nov
St. Louis Stock Exchange
CEutral 7600
36%
180
39% July
41%
Oct
130%
Oct
Chicago Stock Excb.
Chicago Board of Trade
Associate Member Chicago Mercantile Exchange
Postal Long Distance
*
36%
28 %
Oct
3%
Jan
14%
25
.10
7%
.1
Inc
Aircraft
Vultee
Range Since January 1
Shares
High
al4
.——5
Western Air_
Union Oil of California
Universal Consolidated Oil&
for Week
Range
of Prices
Par
Transcon
Sales
Week's
Friday
Sale Price
STOCKS—
Apr
Edward D. Jones & Co.
10 % Mar
Established
Mining Stocks—
a
-10
Mining Co
Alaska Juneau Gold
Members
Rad
Std Sani
&
Corp
Smelting & Ref Co
Amer
"
100
American Tel & Tel Co
_
805
103
215
128% 128%
_
24
Apr
•-
—5
(The)—
Refining Co
a2%
.
——1
a
Ry—100
Atchison, Topeka & Santa Fe
Atlantic
18%
a
Oil
12
Bendix Aviation Corp
,
325
10% July
13%
145
8% May
11%
V.
.
Aug
Jan
.53% Sep
60%
Feb
33%
6%
150
69%
31
55
30
50
Va
I)
(J
Case
Columbia
Co——
&
Gas
—
Corp
Elec
Continental Motors Corp
Curtiss-Wright
Corp
General
Electric
General
Foods
International
Nickel of
Tel &
8%
Nov
Burkart
29%
540
22%
Apr
30
50
24%
Apr
34%
Nov
100
%
Feb
28%
6
%"
■'
a
44%
125
12%
50
33%
100
12%
a
a33%
a33%
common
30%
Oct
Hussmann-Ligonier
6%
Nov
Feb
44%
Apr
Nov
12
25% Mar
31%
Oct
16
50
12%
12%
80
4
^7
130
6%
3
25
2% Mar
8c
8c
50
6c
28
«
York
New
RR
Central
Aviation
American
6%
625
100
10
May
13 Va
10%
201
7
Aug
10% Nov
*
a
10%
a 10%
22%
22%
50
4%
4%
129
al4%
14%
53
Republic
RR
Steel
& Co
Socony-Vacuum Oil Co
——*
15
Studebaker
-1
—25
Corp
1
(The)
Water
Assoc
Tide
United
Corp
U
Rubber
S
22
60
20%
40
91
31
a9
,
8%
45
a9
24%
Sep
Jun
73%
372
al7%
17 %
20
25%
18%
Inc
Wagner
A
16 Va
25
23
Electric
22%
47%
142
45% May
55 %
400
4% May
6%
Westinghouse Elec & Manufacturing_50
76%
76%
200
70% July
76%
Min
Amer
Anglo
Assoc.
Fund
Ins
Sugar
Sale Price
Par
Gi
Budd
(E
Budd
Wheel
.
General
Pennroad Corp voting trust ctfs
2% May
3%
5%
Sep
7%
441/0
Jan
67%
Nov
%
Feb
17%
68
12%
Jun
20%
Emsco
297
28%
Apr
34%
Nov
42%
895
29%
4%
955
3%
2%
58
2%
2%
2%
350
1%
Apr
3%
3%
2,229
Nov
,5
Jan
Jun
2%
•
22%
23%
1,780
22%
22%
—.
22%
50
4
3%
-,4
Jan
4%
&
Oct
.
...
Hunt
Sep
\ Preferred
•
Sun Oil
•
■
Tacony-Palmyra Bridge—
Class A participating
Tonopah Mining
'».•
",V'-
•
V.
Brothers
49%
6
-
_
_
_
%
..
Transit Invest Corp preferred
55%
Jan
Magnavox Co., Ltd
Jun
35
Jan
25
49%
50%
50
43%
21
48
20
%
i7cr
120
16
%
740
22
Jan
ft
6%
United
*
preferred
$3
$5
13%
-
United Gas Improvement
common-
•
Coal
_
_
_
_
13 7/8
14%
4%
4%
....
280
•
4%
•
preferred
Westmoreland
'9
•
Corp common
102 Va 103
101
.20
21%
21%
8,596
274
50
11
July
15%
Oct
y... 16%
Jan
North
•
Jun
5%
Jan
Occidental
106%
Jan
O'Connor
Jun
24%
Oct
Oliver
Insurance
'
Pittsburgh Stock Exchange
Filters
Coast
Range
Par
Allegheny Ludium Steel
Byers
(A
Clark
(D
16%
Shares
High
18%
160
5%
5%
5%
»
r„:
_
Candy—
9%
9V2
9V2
6%
7
860
1%
2%
832
___*
•
Columbia Gas & Electric
Range Since January 1
Low
*
M)
L)
Low
___*
Blaw-Knox Co
of Prices
165
25
16% May
High
22%
Pac
div
Tel
Paraffine
—
Co's
common
Preferred
7%
Jan
Philippine Long Dist Tel Co
Nov
Whistle preferred
Puget Sound P & T common—
Rayonier Incorp common
'% Sep
Pitt
Harbison
Brewing
Walker
7
Jan
2%
Nov
Pig'n
common
Lone
Star
Gas
Mountain Fuel
1%
1%
900
1%
Apr
1%
Jan
Rheem
,*
12%
13%
145
12y2
Apr
16%
Jan
Richfield
90
90
83
Jun
97
Feb
100
•
Supply
7
——
.
I,
7%
860
6% Mar
5%
.10
•
Preferred
50
6
500
4%
30c
1
30c
1%
Apr
250
30c
Sep
820
1
Mar
Oil Corp
^P100
—*
—*
1
25
—1
—
common
—
Pitts
Screw
Renner
Ruud
&
Bolt
Co
Ryan
Nov
1%
Jan
So
Cal
Gas
——
1
»
For. footnotes
1
•
-5
Co
preferred ser A
Southern Pacific Co
29
140
23
Apr
30
Jan
Standard Oil Co of California
125
55%
Feb
83%
Nov
see
page
1943.
— —
■
14%
4%
25c
135
100
6
6%
80
2%
27'a
800
14%
15%
734
3% Aug
20c
May
5% Aug
1% July
14
May
5%
Jan
Preferred
Transamerlca
3
Union
19%
Mar
Feb
Oil
5%
Oct
—*
:—*
Co
—'
Corp
—
of
California—
Union Sugar common
3%
16% Mar.
21%
May.
53%
Oct
60c
Aug
2.00
Jan
Apr
23 %
Nov
3%
Nov
18
150
2% Mar
650
11%
732
10
Mar
12
366
76% Mar
88
6%
428
1.65
41%
530
15 Va
6%
216
5%
5
12
Apr
30
83
Apr
108
18%
Jan
Nov
Oct
Jan
Jan
110
8%
Nov
16 %
Feb
31%
Jan
43%
Nov
1,000
4
3%
Apr
6%
Jan
'
r.
6
16%
888
9
41%
8%
6
320
11%
.13
.
13% Mar
132
15
15%
Sep
40
Nov
7% Mar
Jan
125
6
16%
Sep
Jan
Nov
41%
Jan
July
500
Oct
6%
Jan
12
14
Feb
Nov
50
15
80%
8%
1,460
8%
Mar
Sep
14"; July
8% Mar
10%
210
13
13%
Sep
Feb
.
•
—
11%
730
12
55c
!
—
55c
500
259
14
8% Mar
40c
July
Sep
55c Nov
Jun
7%
Feb
5%
Jun
9%
Nov
124
12 %
Apr
16%
Nov
24
May
31%
Feb
4
Mar
5%
Jan
90c
Jan
2.20
Sep
Jan
28%
100
750
1.70
100
5
,
4%
1.70
4%
28Vs
4%
—
9%
16%
:
1.60
1,200
8%
16%
.
*•'—
-
'
5%
5
5%
5%
650
Jun
5%
1.00
1.05
900
95c
Aug
1.90
4%
5
—
4%
300
3
Jan
5%
Nov
300
90c
Jan
1.25
Nov
75
17
20
16
1.10
1.15
24
/,
■
7%
30
30
4
12%
4%
:
12%
4%
5%
5%
2.60
2.90
__
—
—
.
Apr
24
Nov
May
5% Oct
23
Nov
15
20% May
30%
Nov
6% Mar
12 %
Nov
435
67
1,960
3% May
7%
Oct
5%
Nov
Jan
5 Va
NOV
1.35
Feb
2.90
Apr
4
NOV
22%
23%
1,975
15%
29%
29%
1,331
24% Mar
30%
Oct
Nov
24
26%
27
300
22
Mar
27%
25%
25%
740
21
Mar
25%
32
26%
Jan
20
23
7%
3%
214
24
23
24
32%
1,606
—
70
22%
Nov
Oct
Apr
34
Nov
90
Mar
100
Nov
14%
Nov
14%
92
14%
100
11
Mar
90
92
260
72
Apr
101
45
119
Apr
147% Nov
146% 146 %
31%
382
32
22% Mar
87
100
100 %
145
'11
11%
120
7%
50
2.50
8%
25%
2.50
6%
6%
8%
25%
10%
3%
Jan
32%
Oct
May
100%
Nov
Jan
13
Sep
Nov
1.50
Jan
2.50
295
6%
Nov
15%
Apr
11
Jan
Nov
Jan
660
8
26
574
24
Mar
26%
10
341
10
Mar
11% May
9%
Va
7%
25c
3%
253
246
100
6%
25c
100
Apr
Apr
3 % May
14
Jun
8%
25c
5%
Jan
Apr
Feb
20% Mar
20
242
12% Aug
17%
Jan
30%
31
311
25% Mar
31
Nov
14%
15
1,095
10 %
18%
Nov
27
1,216
72c
14%
14%
26%
—
20
14%
72c
9%
9%
95
95
Jun
18% Mar
28%
Oct
100
60c
Feb
72c
Nov
100
8
Jun
10%
Feb
Jun
96
Jan
15
86 Va
15
5%
5%
5,516
4
Jan
5%
14%
5%
—25
25
7%
14'/a July
80
11
*
2
,
11%
7%
-25
,
Feb
2% Mar
5,150
3%
Nov
5% Jun
524
7
1.10
July
8%
10
1,275
23
8%
class A
—
Tide Water Associated Oil common—10
30c Sep
Jan
7%
397
53
9c
Apr
3% Mar
400
21
Oct
Jan
6%
100
3%
2.20
3c
3,000
518
3%
Thomas Allec Corp
25c
.08c
8%
7
2%
sales lists
1.35 July
900
5%
41%
„
Signal Oil & Gas Ce class A
Soundview Pulp Co common—.
79%
3%
Corp—
...
Manufacturing
Oct
Range Sinee January 1
Low
High
Shares
1.75
14
15
;——1
*
5
Aeronautical Co
Nov
6%
Jan
8%
25c
10%
70c
official
——
79%
.23
26
Sales
102% 102%
>■
15
8%
'
Pittsburgh Plate Glass
8% July
for Week
High
1.70
6
—
Warrants
29
—
.
Manufacturing Co
l
Refrac
Koppers Co preferred
Jun
98% 100
*
-—100
100
-*
—100
1st preferred
common
10%
Apr
21
-16%
:
—
Tel
&
Preferred
Jan
14
4%
5%
25
25
-25
•
1st
Sep
5
221
6 %
*
.15
5
Co common—25
6% Mar
4
26
13%
;
—
;—
Preferred
Fort
B
<.
Aggregates
Pac Public Service
for Week
class
Plant
preferred
5%
1st preferred
Pacific Light Corp common.—
$5
Sales
Week's
Last
Nov
3%
-*
AA
1st preferred—
5 % %
inclusive, compiled from official sales lists
Frieay
6
53
—10
Co———
class
Moffatt
United
6%
Sale Price
50
39
100
—100
—10
—_——
Pacific Gas & Electric
STOCKS—
Jan
6
20%
6%
*
Oil Cons—-
American
Pacific
both
10
6
—7
1
*
————
5%%
Paauhau Sugar
Nov. 21 to Nov. 27
,
10
—
preferred
preferred
11
■
Mar
3%
92
Nov
.08c
3%
Magnin & Co (I) common-—
Menasco Manufacturing Co common—1
National Auto Fibres common
;
1
North American Invest common—_100
Jun
% Nov
Mar
4
176
4
% Mar
100
%
%
3%
Apr
Apr
8
6%
10
Libby McNeill & Libby—
25%
20
of Prices
v
*>■44
80%
—-10
common.—
—
Leslie Salt Co—
107
Oct
8%
Range
—
1 '4
—•.
Jan
300
37%
10%
23
Co
Nov
2%
•37%
20
'•
Feb
Week's
Equip Co—_
38
1% July
2%
I.
Scott Paper
Nov
2%
4%
1.00
100
*
Development
Holly
Nov
23%
Jun
May
1% May
71
25%
.,.10
common
Langendorf United Bak class A
Oil Corp.
Dome
—
—
Capwell Co. common—* ■»
Der
Plantation
26
20% May
Sep
40
8%
"
3%
20 %
.
Jan
3
2% May
18%
Oct
43%
Jan
2%
1%
Jan
4%
3%
.
Ewa
Oct
33%
2%
50
Corp
Preferred
Oct
33%
•:4
Giorgio Fruit
El Dorado Oil Works—
Jan
10
40%
100
Nov
9%
5%
—5
capital———20
Fireman's Fund Isurance Co———25
Foster & Kleiser preferred
25
Galland Merc Laundry
—*
General Motors Corp common
10
Genl Paint Corp common
—-—*
Gladding McBean & Co
—-——*
Golden State Co, Ltd
—*
Hale Bros Stores Inc
*
Hawaiian Pine Co Ltd—
i
*
50
4%
Reading RR 2nd preferred
Salt
,
7
*
—
Emporium
2%
7%
,16%
-.1
Pennsylvania RR
4
.
1
_6
common
Feb
113
41
Amer Inc
of
Jan
17%
a
National Power & Light
High
1,629
50
..
.
Mining Co common—1
"A"_*
12%
1 %
*
101
Oct
6%
103
2%
.08c
•
50
134%
...
15% Mar
2%
Low
—20
Apr
33%
10
Lehigh Valley RR
••
_
Jan
65%
e
*
,
9%
1%
'
10
13%
101%
55%
_
Motors
.>510 'I''
1 %
55 Va
•
Coal & Navigation
Lehigh
Low
•••'..
•
219
10%
7%
7%
«
Storage Battery
..
1.70
i.———5
Engine
Preferred
Range Since January 1
2%
■'1'.
5
.
common
4'
High
128% 130 %
Nov
————10
Inc
Zellerbach Corp common
Crown
*
*
Co
Prior preferred
Electric
10%
4
<5
Mfg Co common
Pub Co
10%
.
128%
Chrysler Corp
Curtis
Low
•
Tel
5%
115%
6
^
-1
—20
———
Creameries
Di
&
^
-a
50c
common
Eureka
Central
Sales
Shares
420
Sep
9
Consolidated Chemical Industries
official sales lists
for Week
of Prices
Jan
Last
Sale Price
Packing Corp common
Preferred
'
STOCKS—
Jun
61-4
Oct
Apr
14% May
Feb
12 Va
110%
26
Corp——
Diesel
Imp
California
Philadelphia Stock Exchange
Tel
•
1ft
common
Anglo Calif National Bank—
Calamba
Range
12%
19
101
common
Byron Jackson Co
Week's
8%
Jan
55
9%
5
_
STOCKS—
Atlas
American
_
Accessories
Aircraft
Nov
Last
17
Sep
25
Friday
Oct
American Stores
-
v/r4:'
■
Jan
6%
Friday
6
San Francisco Stock Exchange
Oct
6%
to Nov. 27 both inclusive, compiled from
14%
60
Nov. 21 to Nov. 27 both inclusive, compiled from
Yj Oct
Jan
a47%
Nov. 21
5%
4% July
88
12%
v-
1
com—
common-
Stix Baer & Fuller
Jan
_*
Warner Bros Pictures Inc
B
class
Par,
a22%
125
Z
7%
6
3
Bidg. Equip, com.
Nov
—5
U. S. Steel Corp—
Pub Serv
Oct
34%
Nov
Apr
14
6
100
—
Bank
Louis
Feb
73%
% Mar
265
.32
10
Co—
25%
540
27
32
02
Feb
6%
Jan
% 10
8% Mar
*
preferred
Louis
':;i 36% July
62% Mar
12%
Feb
Nov
Sep
Mar
<1
Dry Goods common.
Scruggs-V
Oct
6%
Nov
4%
12%
12%
1ftft
..
Feb
10
14
25
com
July
May
114% 114%
common—
preferred
1st
St.
Nov
43%
SI
Sply
Cement
St.
Jan
5
Apr
73%
(Del)——.
(The)
4%
5
—__—5
Corp
Aircraft
United
475
a39
Transport——
Air Lines
2%
31% July
141
5%
_•
Union Carbide & Carbon Corp
United
269
43%
9%
6% Mar
&
4%
16
V
7%
.
32
26
125
5%
4%
16
-vV/V
25 v. *
__
4% July
10c
•
Sep
165
Candy
Rice-Stix
Nov
a2l%
a2l%
.10
Oil Co
61%
Portland
2nd
12%
Apr
common-.
Piping
4%
2ft
common
National
17% Mar
Jun
58%
5%
25 /
Texas Corp
13'/a
Machine
Missouri
Nov
12% Sep
4
4
'
4%
44
a42%
;
Feb
Steel
Midwest
Nov
41
9%
a9
25
(New Jersey)—
Co—
&
a59%
—.
—-*
Brands Inc-
Standard Oil Co
Swift
.
—
2%
Laclede
Nov
25%
25
V;
al5% al5%
*
Roebuck
Standard
—
*
Corp
Seaboard Oil Co of Del
Sears,
"
•
11
Jun
20
Laclede-Christy Clay Prod common —5
Jan
Landis
6% May
20
a
Co
Oct
11%
10
10%
—•
Co
-50
Radio Corporation of America———*
Oil
Ohio
Pennsylvania
12%
Jun
11%
10
*
—_1
Inc
North American Co
10
5%
7% Mar
Oct
July
388
2874
10
:
5%
_
Jun
10
28
"
'
'
a
North
Apr
3 ;4
common
—
Jan
Jan
6
7
' '
Jan
Nov
8
5
a
-
16%
Nov
10
260
a—4
Jan
6% July
7
'i
Feb
Nov
5%
5
5
Nov
13
10
7
common
Shoe
17
4:13%
May
7% Mar
95
5
100 4:
Key Co common..-
33 74
Nov
Mar
16
common—;—-
Shoe
40
,
7% May
12%
5
Johnson-S-S
15
10
5
_
-
4—._
International
28%
160
13%
1
—
Mar
10 Va May
378
15%
13%
Feb
■uL.
& D common_
_
Hydraulic Pressed Brick preferred- .100
Common
30
15
~. ••
i
High
Low
35
4
Huttig S
34%
Apr
29
-1ft
——_*—
common
37%
530
44%
.V
Electric
Brew
Jan
2%
850
27%
Emerson
26% May
24%
220
6%
29 Va
28 %
_
Bottling common—_— —1
Pepper common
Falstafl
Jan
10
15
—
«
Dr.
40
29
1
common
Air Line preferred--
1
Range Since January
High
40
common
Mfg
Sou
Coca-Cola
Nov
35%
*674
—
Chic &
Jan
9
Jun
Shoe
Brown
Nov
4%
6
525
in
.—*
Montgomery Ward & Co
2%
Jun
Shares
Low
preferred- -50
5%
Investors
Si
1 % May
29%
—18
Robbins Inc.
&
McKesson
Par
Nov
'
a34%
a34%
•
—_*
Corp
'
Sales
of Prices
Last
Sale Price
STOCKS—
American
•
3%
15
3%
8
*
*
Canada—
Tel
7
Jun
..
100
2
a3%
1
.
Inc
Loew's
2
:
*
—
International
Copper
69%
a
V'
2
4%
Week's
Friday
■
*
Co
Corp
Graham-Paige Motors Corp
Kennecott
6%
6%
-25
100
•
1
1
Ry Co
Exchange
Nov, 21 to Nov. 27 both inclusive, compiled from official sales lists
.4'y.
1
Pacific
Canadian
693
Nov
39%
St. Louis Stock
Feb
11%
a 33
—
—,—•
Corp
12%
a54% a54%
■
Bell Teletype SL
New York Curb Exchauge Associate
18% Mar
14% May
11%
5
5
Co———
Bethlehem Steel
Phone
Oct
53
Jan
15
•...
v
Sep
29
107
18%
a
May
2%
81
3
43%
a42%
43%
—,
Baldwin Locomotive Works vtc—,—13
Barnsdall
26
a25
a25
50
Copper Mining Co
& Co (111)--
Anaconda
Armour
v
New York Stock Exchange
Stocks—
Unlisted
Amer
1922
705 Olive St. ST. LOUIS
14%
770
10
May
15%
Oct
':
15%
475
12% Jan
17
Apr
15
Oct
Volume
156
Number 4129
-
-
THE COMMERCIAL & FINANCIAL CHRONICLE
%
tm
OTHER STOCK EXCHANGES
Last
Low
Par
Wells
.100
Fargo Bank & U T—
Yosemite
May
270
Jan
Matson
Navigation Co..
6
Apr
8
Oct
M
M
15%
310
13
Jun
17%
Sep
Montgomery Ward & Co..
2
Feb
2.85
Nov
Mountain
175
2.85
J
&
Am
Rad
;
Tel
American
Sntry,
a6
—r
&Tel
.100
z——
28%
25%
Anglo
class A common. —*
Mining :Co———,-T—. -15
Cities
Sullivan
<te
Service
Co
Bond
General
3%
33
Mary Mines Corp.—
International ■ Nickel of Canada,—,
1
—
International Tel & Tel
Pullman
Inc
85c
Nov
Radio
11%
Jan
Copper Corp
2%
Aug
3%
Nov
16%
Oct
So Calif Edison Ltd
4% May
7
Oct
27%
65
4%
4%
135
2%
Feb
14 %
15%
130
13%
Sep
*
340
6
8%
Oct
5% %
Oct
Standard
Brands
Standard
Oil
24%
20
20c
1,000
34
Apr
Jan
47c
Aug
—
Inc—
of
N
J__
Apr
2%
Nov
United
Apr
30%
Oct
U
1,625
1.75
Oct
Jan
29
27%
27%
a
a3%
*
28%
29%
6%
6%
225
'
30%
25% July
340
6%
4
178
2%
Nov
6% Nov
Jan
Aircraft Corp
Petroleum
Utah-Idaho
Westates
30
36%
27% May
Jan
....
5
Pacific preferred-—
Oct
Nov
9%
Apr
20%
29%
Oct
23% May
27%
Nov
3
341
2.20
1.00
1.00
1
1
.
400
300
,
Jan
5
Mar
30%
Jan
Apr
43%, Oct
25%, July
1,500
49
2.20
—100
Nov
Mar
150
1
preferred—
6% May
154
1.55
5
common
Oct
4%
16
15
30
26
a47
27%
25
45
43%
1.50
1
...
Sugar Co
Petroleum
Western
common
Co...
Nov
8% July
230
S%~,
.26
United States Steel common.
3.00
S
2% Oct
25%
Jan
23% July
10
Jan
616
\
a42%.
25
—
%
22%
9%
20%
29
25
—
55
%
20%
:25'
1
prefeired
a9
15
.
899
14%
;25
common—;
1%
a28
Jun
4%
Oct
3 % July
16
Feb
Socony-Vacuum Oil capital..—
11% Mar
29%
common-
2
19
40
—*
150
"
Kennecott
55
110
7%
Corp of America—.—
29%
1%
2.35
2%
23%
7%
Nov
14
'
•
Feb
a2%
Republic Steel Corp common
May
9% Mar
1.50 Mar
10
a22%
a27
Apr
preferred
10
Oct
Jan
10
Apr
*
capital
Feb
6Vo
100
12%
13%
May
20
——
8%
180
23c
23c
common—
Jan
1.40 May.
6%
Jan
2.60
7 % May
100
3%
31% Nov
—50
common-.
Co———
810
33
29
3.00'
4%
Mill
8%
8
■
Pioneer
6%
15
6%
Co—
Co
Motor
Pennsylvania RR
Oct
12%
15%
Nov
Apr
10
272
3%
3%
Nov
15
10
,
660
10%
•12%
12%
1,65
11%
Mar
Apr
10c
24%
300
10%
—20
52%
1 .85
High
24
May
5c
140
15%
10
!.—20
20
3,400
34%
10
.
common.,
...
Low
11%
a
Co..———-
Jan
30c
540
3%
3%
&
Ltd
Co
Sugar
2% May
1,113
10
15
6%
—1
Idaho
Packard
4
Jan
3
Sugar
Sugar Co
1.15 Mar
29 %
100
65c
9%
15
Corp.——-—I—
Electric
Jun
100
3%
3%
Bridge^—-7-~i lio
Share Co—•—'-7— -15
Dumbarton
Onomea
402
Dominguez Oil Co.—;7i—.t—I—,_
Elec
Olaa
Jan
1,048
50c
-10
Curtiss-Wright Corp—
Oahu
Nov
45
~9%
—
common
Oil
Nov
29%
28%
1.65
•
3%
-Consolidated Edison Co *of N Y-;_.
Consolidated
129%
44
44;
capitaL,,,,—— —1
-2%
Co., Inc.,
Hill
Apr
24
1.85
10
common
Range Since January 1
140
9c
a33%
*
»
Co
May
23% May
1.60
Atchison Top & Santa Fe—_ .100
Aviation Corp of Del-!—-——,—„ —3
&
capital
American
104%
72
7c
5c
North
Apr
•
3%
3%
Natl Corp
Blair
City Copper
24
"
_1
3%
43
29%
a25%
L
6% Nov
23%
Shares
High
7C
•
Aviation
474
128% 130%
a
-14
Copper Mining——,—. -50
Bunker
———1
American
25
6
Anaconda
American Viscose Corp
Argonaut
Cons
North
St
&
M
York Central RR
New
Unlisted—
&
Low
",24
205
25
r.
of Prices
Par
20
2.85
-10
Cement'..pfd—
Portland '
High
Sales
for Week
Range
Sale Price
7%
15%
15%;
Low
250
7%
Western Dept Stores 7% preferred.
Western Pipe '&. Steel .Xp_r_——— -10
Last
STOCKS—
Range Since January 1
Shares
High
250
„_25
Week's
Friday
for Week
Range
of Prices
Sale Price
STOCKS—
Sales
Week's
Friday
32%- Jan
80c
,
1.55
Nov
55%
Jan
3%
Jan
Sep
1.10
Oct
Feb
1%
Sep
May
44%
Jun
2.10 July
60c
200
%
•
CANADIAN MARKETS--Listed and Unlisted
Montreal Stock
Nov. 21 to Nov. 27
both
Week's
Friday
Last
STOCKS—
Works
Glove
Ltd
Montreal Curb Market
for Week
Week's
Friday
Shares
oi Fri.-es
Low
Nov. 21 to Nov. 27 both inclusive, compiled from official sales lists
Sales
Range
Sale rrice
Par
Acme
Exchange
inclusive, compiled from official sales lists
Range Since January 1
Low
High
Last
High
common
_*
3
3
70
3
May
3
May
Anglo Canadian Tel Co preferred
50
42
42
5
40
Apr
42
_•
20%
21%
16%
Aug
21%
Nov
of Prices
Aug
Asbestos
Corp..
Associated
Breweries
Associated Tel & Teleg
Bathurst
Bell
Power
&
21%
9015
_,—_*
15%
15%
5
preferred..—*
14%
14%
70
common
Paper A..
13
*
Telephone Co of Canada.—100
17%
Jan
14% Nov
14%
Nov
Aluminium Ltd
14%
Jan
124 %
Aug
150 %
Jan
Beatty Bros
6%
Jan
11%
Oct
Beauharnois
10% Aug
60c
4%
4
414
895
•
95
93%
95
270
1.60
1.60
25
Paper Co Ltd "B"_*
660
110 110%
90
9%
110%
High
Low
55c
1st pfd—..——100
6%
Range Since January 1
High
100
—;
._
&
Low
Shares
*
common
——
Power
155
410
Paper
preferred
13% Aug
1,294
136
135
6%
&
Power
Bathurst
13
12%
136
Par
Abltibi
Sales
for Week
Range
Sale Price
STOCKS—
9%
95
50c
3%
7
1.50
Jan
109
Nov
Sen
80
Mar
75c
May
Jan
2%
Jan
110 %
Nov
Apr
105% Mar-
'
Brazilian T
L
&
P
11%
11%
11%
'
Columbia
British
Class
Power
B
Corp class A."
————_*
Bruck
Silk
Bulolo
Gold
Mills——
18
11%
1.25
15
1.00
Apr
4%
50
4%
Jan
11%
130
5
—.*
4%
4%
215
3%
93%
93%
17
6%
5%
7%
2,426
4
Northern
Power
8%
7%
8%
1,853
common.
preferred
——
.—50
*
Canadian Bronze common.——v.
30
29%
30
30%
350
American
Oil
Nov
British
Columbia
Packers
Jan
12
Mar
Cans,da
*
16%
16%
17
3,813
Ltd
*
17
16
17
241
Ltd
Breweries
Bud
Jan
13
13%
Jan
9%
f
17%
Apr
Jan
17
Mar
5%
5%
5%
10
5
Feb
14%
14%
15
2,015
13
July
6
6
5
108% 108'%
90
Jan
Canada
&
102
Jan
Canada
Vinegars Ltd.
7%
Nov
Canada
Wire
8%
Nov
Canadian Breweries Ltd
Nov
30
Apr
32
27% May
i
Jan
Dominion
.*
Sugar Co—...*
5
Sep
25%
Ltd.
Co
Oct
91%
630
30
<
'8
British
9%
Nov
5% May
5 % Mar
Corp——_*
11%
1.25
Apr
,
Corp
July
22
May
——100
—
Canada Steamship
5%
10
4%
Dredging—5.00
Preferred
21
1.25
——*
Canada Cement common
Canada
21
Power
Cable
&
Preferred-
*
6%%
pfd—100
—*
common
1.25
27
27
100
Jan
108 %
Nov
1.00 Aug
1.45
Apr
195
25 %
Oct
31
150
81
127%
Oct
161
90c
90c
125
45c
Apr
25c
Ltd., class
Jan
7%
Mar
106
149%
20c
May
27
—*
—————
Canadian Industries,
1.25
5% July
205a
4% Aug
Jan
Jan
,
Preferred
100
105% 105%
5
7%
445
27%
Canadian Car & Foundry common—*
1%
participating
Canadian Celanese
Preferred
preferred—
7%
Cottons
Canadian
Foreign
Investment
Preferred
Canadian
&
1st
130
60
120
Mar
100
5
100
July
6
15
Jan
23
Oct
22%.
V.
102% Mar
38
105
Feb
105 %
Nov
Celtic
2,475
3
Mar
41/4
Nov
Commercial
4>/8
580
3
Mar
4%
Nov
Consolidated
7%
7%
8
7,242
5
Jun
8%
Nov
Cub
105
208
100%
Oct
'
"
•
103
'
,'•",
36%
37
25
25
common—__—•
26
26%
130
21%
22%
905
20%
12%
215
22%
—*
12
12 %
preferred.—.25
114
,.——100
——
39
B———25
7%
5%
5
'*
Corp
&
5
Jan
14%
6%
7
——————————100
Preferred
88
common.
6%
"A.
87
4%
4% "
(Charles)
Bridge
:i—■-*
Hollinger Gold Mines—-—5
Howard Smith Paper common—
*
Hudson
■
v
Ford
Foreign
Jan
Fraser
1
_•
International
Power
common——*
——,
Preferred
Mont
Tramways
National
Breweries
Moore
Jan
Noorduyn
10%
Nov
Nova
7% Mar
9%
—-4-A
21%
22%
23%
23%
20
20
20
25%"
24%
25%
23%
Jan
20
Mar
10
21
Apr
24%
Jan
12
Apr
20
Jun
934
21%
Oct
26
Jan
125
36
Nov
39%
Jan
29
Apr
34
Jan
772
35%
Oct
52
Jan
Ogilvie Flour Mills common......——•
21
21%
21
400
11% Sep
22
Jan
Nov
4
% Mar
Electric
Ottawa
Ltd
Penmans
Power
Price
,
Bros & Co
5%
common———*
2—;
Rolland
Paper
Preferred
Class
A
Sherwin
Steel
Co
of
of
United
Viau
Steel
Biscuit
Wabasso
■"
8
8%.
560
6
50
54
Nov
170
11
Apr
3
Mar
57
57
13%
13%
5
7%
7%
90
90 r
400
35
41
275
———.50
10%
10%
10%
425
30
30
15%
15%
..100
Canada
15%
10
*
9%
.*
___*
common.
20
1,740
14% Mar
20
Oct
5c
10c
30
,5c
15c
Feb
9%
9%
15
12
Jan
9%
10%
common.,—
.*
.
—*
;
0
*
common...
13%
Feb
2%
2%
30
20c
20c
20c
300
7
7
53
16
16
16
75
7
7%
13%
13%
13%
90
90
5
85
6
6
65
5
15%
15%
1,705
41%
41%
25
*
% 3
3
100
2
Mar
3%4
Jun
pfd—100
*
106
106
5
106
Nov
108%
Jan
class A—*
&
1
;
:
Paper-——*
July >
5c
3
%
Apr
20c
5% May
Nov
10
Sep
Paper Co—„...*
Jan
A
"
6%
Oil
pfd
—100
pfd—...100
Aviation
6 %
Light & Pwr 6 7a
~6
.
15%
.
87
87
100
3%
Apr
7%
Nov
295
10%
Apr
13%
Nov
15
11%
39%
Sep
Oct
Jan
Apr
Feb
16
92
Feb
6%.
15%
45
Apr
Nov
Feb
90
Aug
103
Jan
77
78
15
73
May
85
Jun
31
32%
30
30
Oct
72
72
10
72
NOV
100
101%
102
37
100
Jan
1st preferred—.25
15
15
250
11
Feb
1.20
1.20
255
48
48
45
•
part 2nd pfd
Transport
Grain
■
Sep
.
50
Ltd
Tubes
of Canada 6%: 1st pfd..100
non-cum
Provincial
Ltd
•
%
11
6
6
Co—
Ltd
Co
78
pfd
pfd
Brewery Ltd
*
Walker-Gooderham & Worts
48
10
4%
1.05
Apr
33% Mar
6
Jan
75
Sep
303%
15
Feb
Nov
•
5%
Nov,
Jan
11
Sep
Nov
Jan
70
Feb
13%
Nov
5%
Nov
8
Jan
Apr
94
Jan
1.00 Aug
2
Mines—
(H)
com.*
Feb
1.20
Jun
50 %
7%c July
16 %c
Jan
1.25
Nov
5c
Jan
40
Oct
Jan1
:
*
8c
8c
200
-.1
1.25
1.25
100
Ltd—1.00
3c
3c
Aldermac Copper Corp Ltd
Gold Mines Ltd—
Aunor
Central
Cadillac
Mines
Gold
East
Ltd
Mines
Malartic
Eldorado
Gold
Mines
Ltd—
1.00
Leitch
Gold
Gold Mines Ltd
Mines
62c
500
62c
Nov
17 %
200
10%
Apr
1.15
1.15
300
73c
Oct
64c
1,100
32c
Feb
3.15
64c
3.15
40
500
20c
4.15
20c
3.90
4.20
500
%C
1,000
2.05
600
59 %C 59
1
:
Ltd.—
Mines
Macassa
Ltd—
1
May
62c
•
Falconbridge Nickel Mines Ltd
*
Inspiration Mining & Development—1
Kerr Addison
8,450
62c
*
.1
Ltd
Mines
Nov
2c
17%
Chesterville Larder Lake Gold Mines—1
Dome
1.25
2.03
—.1
2.40
Oct
1.22 Mar
17%
2.24
64c
Nov
Jan
Nov
3.15
Nov
28c
Aug
19c
Nov
2.90
Oct
4.35
Jun
Oct
59 %C
Nov
Oct
2.80
41c
1.42
Jan
Jan
5% May
90
8%
Oct
6
,
15%
Jan
Madsen
Normetal
O'Brien
43
Jan
Pato
12 %
15%
Nov
Perron
13%
Jan
Mines
Mines
Mines
Cadillac
Cons
Gold
Gold
300
1,400
1.00
33%
36c
Mar
53c
Nov
Oct
2.22
Jan
Oct
Ltd
Ltdl
40
10
41%
Jun
80c
2,500
65c
May
88c
Jan
52c
52c
52c
700
36c
Oct
75c
Feb
1
1 %c
l%c
1%C
500
1 %c
Sep
4c
Feb
.1
Mines
40
80c
*
Dredging Ltd
Mines
53c
1.60
*
Ltd—
Gold
53c
1.60
5
Ltd
Mining Corp Ltd
Gold
Pandora
1
1
Lake Gold
Goldfields
Mclntyre-Porcupine
24%. Jun
Feb
Red
Malartic
2.36
2.25
2.36
1,405
3.00
Jan
78c
80c
2,200
1.31
Jan
1
2,00 Mar
46c
Oct
Pickle Crow Gold Mines Ltd
——1
1.60
1.60
100
1.40 Aug
Feb
10%
Pioneer
Col—1
1.27
1.27
300
1.00
Oct
2.05
Jan
Mar
63%
San
1
1.68
1.70
800
1.30
Oct
1.70
Nov
66
90
7
Sep
Jun
Gold
Antonio
Mines
of
British
Gold Mines Ltd
65
Nov
70
12
Mar
20
Oct
Sherritt-Gordon
45
3
Feb
4
Apr
Sigma
3
3
64
3
Jun
3
Jun
Siscoe
45
47
110
35
July
47
Nov
Sladen-Malartic
250
80c
Apr
Oct
Sullivan
10%
Oct
12
Jun
Teck Hughes Gold Mines Ltd..
2%
3%
12
12
60
124
128
7
115
Sep
150
Apr
Shawkey
Mining
Gold
Mines
Mines
(Quebec)
Co
Consolidated
>4c
300
65c
65c
1,300
4.50
4.65
500
35c
38c
6,500
25c
Oct
49c
Jan
25c
600
15c
Oct
31c
Jan
3,100
38c
Oct
65c
Jan
1
Ltd.
Mines
Feb
1
\Uc
.1
Ltd
Ltd
Ltd.——.
Gold Mines Ltd
Mines
2.30
.1
150
112
3%
2%
7% Aug
2
Jan
9
20
2%
•
Nov
58
65
12
485
Nov
7% Aug
Jan
4
252
60
46%
365
220
10
20
3
10%
3%
10
60
:
common
19%
3%
100
—
Corp.
20
891
Nov
61
20
.25
—,
preferred...
Cotton
Ltd
13%
•
1.40
Winnipeg Electric class A........
Zellers
48
'Mar
1.40
Power—
Canada
Brothers
22
Oct
3
1.40
Paper preferred.:
Canada
13% Mar
36
'
•
common—
Preferred
Tooke
57
100
——
Williams
27
35
420
40
•
5
Shawinigan Water & Power...—
Southern
8 Va
common—
Corp
22
5%
40
■
'
~5%
common....:.-....—4
preferred.—
Lawrence
_*
...
,u
Lawrence
100
—
—
Knitting
Regent
St
Ltd
*
3
4%
22
•
*
preferred
Quebec Power
St
Rys—
common.
Corp of Canada.—-^r_..—'—*
200
3
8
Apr
20
Walkerville
Oct
317
3
Aug
Nov
Nov
40
—*
2
6%
Feb
1.50
A———*
Nov
4%
5%
30% T "
Aircraft....
Apr
25%
3%
17%
Apr
2% May
2%
38
Car
7
10
Oct
12%
Thrift Stores 6%%
29%
Ottawa
75
Sep
Mar
Apr
Aug
40
:
8
8
20
2 % Mar
90
38
V— "
85c
50
Jun
37%
—i
80
1,150
Reliance
40
Corp..—1_-—*
100
480
1.50
11
Southern Canada Power 6%
30%
Car
Noranda Mines Ltd.
9%
21%
3%
Nov
'
—•
—-—25
Preferred
National Steel
9%
1.50
Jan
t
'
21%
21%
8%
r
Feb
55c
Apr
3
Aug
15% Aug
35c
3
5
16
2,780
"
400
11
Aug
87
625
Jan
36
•
11% Mar
11
255
50c
11
Ltd
Corp
Scotia
Apr
1,321
common——
Jan
28
2
5%
^
14
Apr
29
4%
22%
Sep
165
17%
1
8
22
820
•
50c
Jan
1,907
5%
•
10%
15%
4%
———————100
"f
32%
17%
40
Montreal
:
Sep
5%
Telegraph
Oct
23
4%
Light Heat & Power Cons
Montreal
5.80
Feb
V;:7
Nov
3"/4
Distilleries, Ltd., preferred. 10
Mitchell, Robert Co Ltd
——._*
20
90
Nov
2%
June
Melchers
110
90
\
McColl-Frontenac
Nov
,
Power Corp
-i-,——';J.*■
Oil
McColl-Frontenac
NoV
5
Page-Hersey
5
Lake of the Woods Milling common—_*
Massey-Harris
4%
Jan
5
1.70
Feb
1.65
—*
4%
Apr
Jan
15
Nov
1.90
1,979
Nov
3%
Massey-Harris Co Ltd 5%
Feb
12%
32
1.70
1,500
2%
10
3%
Ltd
Ltd
&
Feb
12
5
40
2%
2%
.*
Milling Co Ltd pfd
Jun
21%
1.70
2%
2%
Corp Ltd——*
Power
Power
Apr
90
100
John
10
21%
r'
Lake St
2%
!
1.70
.*
Co—.*
*
50
10%
11
15 %
Co Ltd—-—*
International Petroleum
1,833
1,160
10%
Canada
2%
2
130 V
Feb
preferred—100
Nov
'
" 480
:
8
trust'%...__—...—
Maple Leaf
92
10%
10
....20
Class. B
Jan
Aug
10%
10
Ltd
7 %
Unternational Utilities Corp
MacLaren
84
26%
10
8% Nov
Nov
7
990
:
Voting
Jan
Aug
—*
Ltd
Companies
Nov
Apr
50
8.25
of
July
5
—*
Ltd
Power Sec
7
5
1,360
1,231
,]:•
Jan
Jan
16
,v,
985
n-:
32%
International Nickel of Canada com..*
Jan
Aug
7, 3%
Feb
4J/2
21%
25
:
■
31
11
10%
6
5
.
July
5
10%
10%
Imperial Oil Ltd
*
Imperial Tobacco of Canada common_5
Bronze
common——.*
Preferred
12
10
International
Apr
2% July
26%
Bay Mining—__———*
3%
2% May
222
7 7
5
Motor
Jan
82
42
10
*
Linoleum
Paper Co
Aircraft
Nov
1,265
•4%
4
Donnacona
Fleet
9 Va
50
Nov
25
common
——
Eastern Dairies
5%
Aug
27
—15
common
...
Mar
3% July
Jan
8
"A"—————*
&
Woollens
25c
Apr
35
Ltd
—•
Ltd..—.—.—.—_*
Oilcloth
Jan
Jan
66
Ltd
Ltd
Frere
Aug
117
152% May
Feb
60
.
88
7.35
i
!
7
4%
4%
Hamilton
V. Preferred
6%
300
>
2%
16
!
3%
common——.———_*
Gypsum, Lime & Alabastlne.i———*
Gurd
4%:
:
Mar
&
3%
130
v!v 5 :' ■■■
7
——*
Wares
4%
16
Gatineau Power common..
Steel
70
2%
Dominion
476
■
.
5
Prod—A—a.——*
Foundation Co of Canada—.1——_*■
General
■■
4%
1
——
Heating
Dominion
270
'
■
5%
•
70
common,—,——*
Dryden Paper
Enamel
-7%
7%
Chemical common.—*
& Coal
&
David
Jan
15%
Mar
150
Jan
Nov
24
-
July
112
10
151%
10
100
114
151
'
Oct
34%
2 %
.'
26%
July
21
8
Corp
Corp
60
35
Ltd—
Co
Paper
275
Nov
*
Ltd—,
preferred
Alcohols
Aircraft
25
32% Aug
20
50
114
'
330
Knitting
25
3
22
Nov
105
21% Mar
37
b
—
Textile
Electrolux
cumulative
22
90c
—*
Co
Products Ltd
4 Va
■
Dominion
5%
100
25c
3
22
common—*
Westinghouse
Catelli Food
3%
MM
Dominion Glass common.———.100
Dominion Tar
Canadian
Ltd
.—
3%
*
Dominion Bridge
Dominion Steel
Nov
130
Vickers
Preferred
4%
:
Co..
Seagrams
Preferred
Canadian
Jun
4%
Seal
Dominion Coal
Canadian Pwr & Paper Inv Ltd com..*
Nov
22%
class A—'*
pfd
Consolidated Mining & Smelting
Cork
Nov
27%
27
•
Canadian Pacific Railway....———25
Distillers
7%
21% Mar
105 »/4 105 %
—
—_
Canadian Tube & Steel
Crown
4% Mar
21% Mar
50
130
•
•
———100
....
Industrial Alcohol
Class B
._*
com
1
180
.27
26%
common...100
Co
100
27%
100
Canadian
Marconi
Canadian
27
7%
25
—„»
common
105% Aug
Feb
105
•
38c
——1
Ltd..—1
60c
60c
1.66
60C
1
1.66
100
V'4C
60c
Nov
lc
Aug
87c
4.15 May
July
5.00
Jan
Feb
1.25
Oct
2.05
July
2.70
Feb
Jan
6%c
Apr
19
Jan
2.20
Jan
Banks—
Canadienne
(Banque Nationale)—100
Canadian
Bank
Bank
Royal
of
124
124
124
38
118
Sep
152
Feb
Home
143
143
145
133
125
Sep
188
Jan
Homestead
Commerce
Bank of Canada
For
footnotes
Oil
_100
——,100
Montreal
of
Oils—
see
..100
page
1943.
124%
124
124%
37
116
Sep
153%
Royalite
Co
Ltd...
Oil & Gas Ltd
Oil
Co
Ltd
—
—'*
2.25
.-1
2c
*
2.16
2.25
2.125
2c
2%c
6,500
19
19
145
2c
16% Aug
'
TEE COMMERCIAL & FINANCIAL CHRONICLE
1942
CANADIAN MARKETS
-
Monday, November 30, 1942
Listed and Unlisted
-
Nov. 21 to Nov. 27 both inclusive,
\
■■"'
■
Week's
Last
,
Par
pfd
6%
International1 Nickel
High
37/a
4%
1,600
11
11
200
Low
85c
85c
90c
110
75c
.100
32
,32
32%
335
21 y«
—
43c
———;—*
.
1
Anglo-Canadian Oil
Astoria Quebec Mines
39c
43c
3.850
l.%c
1%C
1.28
Sep
Nov
33
Nov
55c
Jan
1%C Feb
2c
75c
500
1.15
12
90c
Apr
May
34c
1.47 Jan
7,250
Jason
Jan
Jun
11
common
Grain Ltd common.* .*
Pacific
Preferred
7
Jun
—
Mines
Bankfield
Bank
Ltd
Mines
-1
Mines--—
Cons
2%c
,
—-—100
Montreal-
of
of
1.28
—1:
3%c
2%c Oct
5,500
140 144%
6
125
2
212
12
220
preferred-,
50
Base Metals Mining Corp Ltd
—*
Bear Exploration & Radium—-—„_1
20
•20
7%c
6%C
7 Vic
7,200
8C
7c
8%c
32,800
1
65c
65c
68c
1,335
,11
Bread
Beattie Gold Mines
>
2%c
350
110 110%
,265
102
110'/a
110% 110%
10
76
,1
Ltd-.
Hats
6
Ribbon preferred
Blue
Gold
Bralorne
Mines
Brazilian Traction
British
British
8,400
10,200
Broulan Porcupine
Buffalo
Ankerite
11%
11%
16%
15
50
18
130,300
9
38c
1.35
1.40
12%
8
7%
Oct
Jan
Mar
18
Jan
Jun
16
Jan
May
July
22
29
July
Apr
2.80
Apr
8
810
1.10
2,600
80c
11c
Jan
61c
Mar
11%
573
12%-
Jan
lc
8,500
12%
*
9.30
12
91c
2,500
3%C
Oct
21 %c- Oct
11,300
2%C
Mines--—*
Buffalo Canadian Gold Mines——
Building Products Ltd
Burlington Steel —
12%
21
23%
36C
Nov
32yaC Jan
22
37c
10
Feb
Feb
12 %c Jun
13
5
15
Jan
7% Mar
32%
Oct
21
Mines, Ltd——1
10c
.
Jan
Mar
6%
995
23
150 Va
6C
1,394
16
;*'
Oct
5c
4.40
695
7,20
16%
Gold
8
532
11%
Packers——:—*
Nov
Oct
8c
Oil——
11%
noy4
Nov
23
8l/2C
Power class A——*"
Dominion
6
41
7
Light & Pwr com—*
Columbia
British
British Columbia
215
7c
Oil
American
9,000
6
25
7a4c
*
Jan
noy8 Nov
4%C Mar
8%c
10
!
94c
Aug
,6
7o
—1
,
Ltd
Mines,
8VaC Nov
Mar
25
„
10
Bobjo Mines Ltd
Bonetal
Oct
Feb
•
123
122
137
-50
*
1
class B
Top
134'4
8%c
■————*
Bidgood Kirkland Gold Mines
Biltmore
Blue
136 Va
.
Jun
Nov
9%c Jan
6% Aug
11
110 Va
—*.
preferred
.
—100
preferred
———
-100
Bell Telephone of Canada:
,.,——100
21
46%cOct
1st
Feb
274%
5c Aug
2nd
Beatty Bros class A
188
.Apr
220
Nova Scotia———
5%c Jan
Sep
Oct
25
.100
Bank
Barker's
Oct
33
2,530
15%
2,115
Apr
ll*/4 Mar
3%c Sep
6c
Jan
3%c Nov
14
Sep
Jun
Kerr-Addison Gold Mines.-
170
Broad
4%
94
33%
4%
■
50
94
Canada Cement common-
500
2%
4%
common.—
17c
2%
—
Canada
35%
1.20 Jan
Aug
Apr
18c
Jan
3
Oct
Oct
5
Jan
Sep
102
Feb
1% July
800
3 %
'
—————100
Preferred
Canada
Malting
35%
Ltd—.——
Co
7
117
120
143
Mortgage- .100
Canada
Steamship
common
#
Preferred
Canadian
Led
Can
Malartic
Canadian
Oil
Co
Canadian
Oil
Canadian
Pat
Cos
Gold
154
Feb
Oct
140
Apr
27%
105
5%
5%
19%
25 %
99
Sep
7%
480
4% Mar
27%
27
27%
190
27
27
20
14
15
135
3%
*
38c
38C
12 a4
105
■
4%
40c
3
2,800
25
9%
105
■5
7% Nov
27%
Mar
27%
July
,
Jan
Sep
Nov
123
105
8
3,239
5
2,900
45c
5%c
2,800
60c
10,021
8%
Nov
1.30
Jan
10 %c
Jan
1.50
Jan
36c
44c
Coniaurum
62c
65c
17,000
8
7%
8
1,210
,*
20c
20c
20c
500
18c
65c
68c
3,400
43c
9%
9%
17
.1
Mines
——
Ltd—
Mines
Consolidated
65C
—_*
Gold
Co
68c
—-—*
Bakeries
Consolidated
,
Davies
Petroleum
Mines——.—1,—
1,205
115
72
109
May
132
Mar
22
22
18
May
23
Aug
40c
East
Crest
Eldorado
9c
9c
2,650
9c
Nov
45c
700
30c
Apr
55c
Jun
3c
3c
1,000
2%c Sep
6c
Jun
26
26 y4
190
26 V4
Nov
;
—
97
97
18%
2,220
142
143
20
1,500
23,350
3
25
1
,
■
—^*
—*
Mines.—
Graham
;
lie
•
8yaC
Gunnar
V T preferred
Gold
Gypsum
Lime
Halcrow
Swayze
&
Mines
Bridge
Harding Carpet
Hard
Rock Gold
—_
—
—
Aug
6% Nov
Nov
4c
20c
Jan
11 %c
Apr
Oct
10 %c
May
May
Apr
Mar
l%c Apr
11
Develop
common
A
Preferred
footnotes
see
page
1943.
51%
Nov
1%C Nov
Oct
16%
Jan
4 %
Nov
1 % c ■ Nov
3c
Jan
3%
4%
1%C
1,900
2,28
200
4%
5
2,725
%c
2,500
Jun
,1.30 Mar
,
2ya
Jun
l%c Nov
3.00
5
Oct
Nov
3%
8%c
8.15
5
3%
20
40c
45c
9,220
26c
Oct
55c
Jan
30c
45c
;
34c
1,742
20c
Oct
34c
Nov
8%C
7.50
2.15
8%C
8.35
2.27
14c
14 %c
25%
14%c
26%
1,000
6,035
3,010
5,000
2,085
2»/4
7c
5.75
2.07
12c
Apr
Oct
Oct
July
Oct
21% Apr
152
155
43
10 Va
10
10%
6,076
10%
10%
10%
6%
6%
50
1
26c
26c
900
*
9
9%
175
5
Aug
87%
87%
15
86
Oct
155
'
145
Oct
3%'Nov
20c
10.50
2.70
20c
28%
204
.
Jan
Jan
Feb
Jan
Jan
Feb
7% Mar
10%
12 V2
Jan
7%
Jan
150
.
8c
36,253
51c
10,100
31c
40c
6,100
31c
8.75
9.75
3.50
2,400
50
52
20
5c
6%C
6,200
9%
6.35
2,600
3.30
52
5c
■; 60
y.
20c
2.80
;
.47
-
4.40 Jun
59c
Oct
Jan
•
12
.
4.15
Oct
.
54
/
July
Jan
Jan
Oct
8c
Jan
10%
Oct
3c
6 Via May
12c
Oct
Jan
L
Laura
Secord
Candy Shopt—^
Mines.*:—————
Lebel'Oro
Leitch Gold Mines,
>
V
3
ul,.
9
■
10 1." lc
Little Long Lac Gold Mines Ltd——*
Loblaw Groceterias class .A.J—l_*:
-
80c
80c
7,500
■19
80c '*
■•
19,380
20
.
57c
t
20 :
Mines; Ltd——
^ted Lake -^lold
Madsen
Gold
Malartic
Fields—•
1.35
Jan
152
19
NOV
23a,4
Jan
300
17% Sep
8,725
1.37 Oct
^_*
■'*
Preferred-■j'w-i-.u-l————i.'^*;'•■
Massey-Harrls common*-——
*
3%
-
,
7y2!-;
Mines——;
Lake
90
7% Nov
10%
Apr
13%
Nov
2% May
5%
Nov
5
Mines.--———1
Graham
McVittie
Gold
3c
V-
Mines.i~
<
"
95
Jan
45%
Jan
1.04
3c
-3%
Mercury Mills Ltd common-—
Oct
28c
1,100
20c
•
•
v
•
Jan
20c
May
29%c Jun
May
22
100
19 Ya Mar
23%
Jan
430
39
Sep
45
Jan
6V*
6»/4
6%
400
4% Jun
7
Jun
—20
25%
25%
160
26
July
—25c
5c
5c
1,100
8%
9%
100
29
29
100
7%c
9c
19,200
40c
40c
1,000
common—
——
National
Sewer
National
Steel
—
Corp Ltd
Pipe class A
5c
.
—*
Corp-i.——
Car
Naybob Gold Mines, Ltd——
Mines
Nipissing "Mines
Negus
——1
•„1
*—5',
^
——•
Noranda Mines
8c
40c
;
Canada
Oil
Star
Omega Gold Mines.
——i_1,
Loan & Debenture—-..—50
9c
Ontario
Jan
Jun
Oct
6,293
60c
3%c
Jan
25c
Jan
3% Nov
Jan
10c
Jun
113
Oct
Jan
16c
6%c Feb
2c
Mar
90c
Oct
103%
82,000
3%c
Oct
Oct
5c
33''-
98.000
Jan
5c
90c
Sep
34c
2,000
105
1.04 Jan
52
2% July
25
7,210
12c 13 %C
86%
14c
925
>
9c; 9y2c
105
3%c
:
50c
85c
15c
•
12y2c
Jan
Oct
2!/aC Jun
53c
,
105
•
Nickel Corp————.
—I
Oils Ltd
i.i.—L-*
23c'
25c
36
3%
Sep
6%cMar
200
15c
50c
Oct
9%
34% Jan
Jun
80c
'
5c
8%, Jun
28
1,500
3%
'
—'
•
July
1,632
50c
Mines-
preferred..——,.—5
MinesJ——•*. 1
Oct
4c
4c
70c
-
24%
40
-
;3%C
70c:
:
1.00
1.00
38%
40
Oil -————.—J
-1
Normetal Mining Corp Ltd—L_*;
O'Brien: Gold
-
-'l. ■'
*
.•Nordon
Pacalta
Sep
28c
1.40
Oct
13c
41%
Petroleum
Ontario
85c
500
'41
Grocers
Northern
5,500
15c
21%
National
North
3% July
Mar
.
1.12
Aug
common.*-—J——w—41
Corp
National
2
100
3%..
•
Jan
4%c Jan
lie
6%c Apr
-
15c
■
V1
■
_
Moore
1,600
'1.08.
1.12
15c
Mining Corp of Canada————*;
...Model Oils
'
1
Moneta Porcupine Mines.-—_ _;—l
Montreal' Light Heat «& Power.'———f
500
3c '
9c«
-
8y2C
,
Oct
Oct
.
43c
'
McWatters
4%
Jun
33
16,190
•
f
Oct
74
495
90
41
68c
66c
•
.
Apr
185
40%
3%' Nov
2%
5%
—
Jun
.2,22 Jan
:
5
C8c
1.68 Jan
54c
'4
Oct
3% May
v
.
210
,
2.85 Jan
819
.13%
-1
23% Jan
1% Mar ;
•
485
1
.
.
13%
—-100
Preferred-——^
'•
4»/2
1.00
1.249
•
'7%
;
•
Mar
5y2'
Mclntyre Porcupine Mines-.i^^—.—-5
Red
'4%
.
Oct
30c
13%f
McColl Frontenac Gil common——*,
McKenzie
"
82c
36,305
;
'3%
.
6%
4
1,
20,930
.
53c
1.65
,
2%
-
4y2
———20
—
1,48
,33,950
1.43,
49c
•
1.61-
•
Jun
Oct
I-;22
1;
52 %c
Maple Leaf; Milling, common.—
Preferred
1.43
r
60c
Oct
"2;09
1.95
2.03
———1-
Mines—.1
l%c Jun
s/«c Oct
:60c
18
"
MacLeod-Cockshutt Gold Mines—.—-*,-1
•
»
38c
17%'
Macassa
6% Mar
1,000
574 59 %C
'
Ltd!---—1—_1-.
May
4%CMay
May
■
86%
50
103 %
Jan
53c
53c
2,750
31 %c Oct
85c
Jan
•%c
1%C
3,000
%c Nov
2c
Jan
"10c
15c
19c
Jun
83c
70c
83c
& Electrotypers—;1
—1
,1.57
11
11
10
Gold. Mines—:
1.55
1.60
5,750
Pioneer Gold Mines of B C—————1
1.25
1.27
42c
45c
L—*
Page Hersey Tubes; Ltd-—;
Pamour
; 86ya
-
Porcupine Mines Ltd—
Malartic
Partanen
Gold Mines—
Paymaster Cons Mines Ltd;!
Perron Gold Minfes
A
—-1
-*;i.00
-.j—
•
10c
-
85
Oct
2,637
10c
Nov
11,900
41C
Oct
1.35
10
Jan
•
Photo Engravers
Pickle-Crow
Powell
1,26
Gold; Mines;.——_—v_l
Rouyn
''
■Power Corp of. Canada——
—*
Premier Gold Miningl——1„—_—.1
■
4%
—
^
5%
•
East
Preston
Dome
Mines;-—
Gold
Reno
Roche Long Lac
■'
1,000
124
124
18%
20
:
'
23c
Apr
3c
155
Jan
Sep
20
Nov
12
15% Feb
May
1 %c
40 .;
July
95
300
4c
200
Aug
1.15 Oct
2.05
%c Jun
4,000
19c
4,100
•15%
15%
295
12% Mar
75c
300
54c
Oct
81c
65c
6,344
57c
Sep
S7c
5.25
1,636
75c
75c
65c
63c
4.70
7%
;
8
70
90
78
.
37c
'■'
■:
36c
■
38c
26c
3,300
2%c
2%c
^7,000
9%
Jun
15% NOV
6.00
Aug
Jan
Jan
6
Apr
8
Nov
65
May
90
Nov
Oct
49c
Jan
13 %c Oct
25c
34c
Jan
Apr
6c
Jan
5,500
24%c
—
19c
Mar
4.00 Nov
.
95
■
26c
.
9c
Jan
Jan
Jan
2%c Jar
1 %C
18c
•
Sep
Sep
•9,000
1%C
Apr
24
16
270
15
2e
.
Feb
115
13
•.
•9,259
•;——..—*■
;
lc
12
Nov
85c
9y»July
Nov
11%
35
60c
11V2
•
85c
405
40c
Oct
3%
500
3
Sep
3%
Jun
85c
60
61%
40
57
Mar
63%
Jun
'65
66
170
65
Nov
70%
Jan
1.49
1.65
66,785
87c
Jun
1.96
Jan
common;—_,——*•
—.—.—25
Canada-
.
1.54
-i
y.-i: •
9c
9c
4,500
1.25
2%C
J
River Gold Mines.———I
9c
Sudbury Basin Mines—J—1.42
Contact, Mines...
Consolidated
Sylvanite Gold
Mines,
—_1
Top Tailors
:
common.
2.105
1.70
Jun
1,000
lC
NOV
3c
Jan
300
39c
Oct
65c
Jun
1.22
1.25
8,728
98c
10%:
Oct
1.98
35
8 Ms May
11%
1.55
1.65
7.308
1.18 Oct
2.34
Jan
5%
5%
25
8%
Jan
57c
58c
20
20
20)
21
21
21
L
•
100
preferred—_——i_
I—___:„*
Resources
45c
Oct
20
.
20
Nov
20
Nov
54
16% May
21
Nov
Mar
1,750
'■
2
,
1.10
50
Aug
84 Y2
33c
2,500
23C
Jun
50c
6%c
2,000
lc
6%
7
1,321
66
Jan
Aug
31c
—
-
Jan
4
6%C
—„50"
Mortgage Company
Transcontinental
,
_*
common;..
1.05 Oct
1.45
2%c
58c
■
Mines———-_1
Elevators
13%c Mar
1.65
5%
1.24
——*
i—1
—_*
—;
Oct
10%
58%c
Ltd.—
Teck-Hughes Gold Mines
7c
1% Jan
58 %C 58 %c
^
•■"'
.
Mines.———1
Tamblyn Ltd common
% Oct
5,500
:•
Sturgeon
Toronto
•,
■
15
l%c'
-
150
Steep Rock Iron Mines—•—
Straw Lake Beach Gold Mines;*-—
Toronto
47/g
Jan
3%
Steel Co of Canada
Tooke Bros
57c
iy4c Nov
iy4c
18 %c
1
Mines.—;.—
Chemical
Gold
Jan
2%c
Radio
Toburn
Nov
45c
2Y8c Apr
17% Oct
1,70
Paving & Materials.com;—*
Tip
26
500
130
Mines——i;
Standard
Sullivan
Apr
Nov
24
500',"
1.55
Mines..——-1
Standard
Sud
Jan
^
30c
8
500
1.70
Sladen-Malartic Mine.s ——1i——J■—1
of
•■
8c
Mines
Co
26
30c
2%c
Ltd;:—5.00
Silverwoods Dairies preferred—: *'
7%
Simpsons Ltd preferred—————>;.4Q0
■ :
Steel
39c
22%
-
—X
Mining.t——1
Ltd—
—1 ;
Shawinigan Water & Power—;■—*'/
Sheep Creek Gold Mines..'_„-—_—_50c
Standard
3.20 Jan
Apr
8c
—
i_10
Gold
Gold
'
•
8c
Senator Rouyn,
Siscoe
Oct
8c
100
-
San Antonio Gold Mines Ltd
Slave Lake Gold
Aug
2,183
.l.;
Gold Mines.'——1
Gold
3
97c
2^.925
25
Jan
Nov
Oct
25c
30c
Jan
30c
1.54
v
5%
2% Apr
450
1.39
Anthony Gold Mines Ltd——_1
St Lawrence Corp common—150
Sigma
75c
24 Vac
y;._—
Russell Industries common-—
Sherritt-Gordon
Oct
1.48
St
River
33c
2,650
.
Royal Bank of Canada——:
——100
124
Royalite Gil —2;—;-20
Sand
Jan
22%
Mines.;—
Riverside Silk Mills
2.20
53c
•
1'
—i
Jan
Oct
24%c
'
25
—1;,
Co—-J-—.—100'
Estate Loan
Real
Reeves-Macdonald
2.35
-51C
53c
Pressed Metals of Ainerical.—__.-;-l :■,',
Queenston- Gold Mines———
14%
98c
2,835
1,500
Oct
1.00 Oct
66
Feb
Jan
'
Uchi
Gold
Mines
Union Gas
——1;
Co of Canada.——
_•
,
United Fuel'Invest class A——„i_50
65
31%
31%
•—
Apr
4 */b Aug
29
July
6%c Nov
10%
Jan
36
Mar
'
Class
B
■3y2
3%
25
135
2% Mar
3% July
1,295
2% Mar
4 Va
20,800
'
United Steel
i
73c
*
Upper Canada Mines Ltd
...
Ventures, .Ltd. ———1
Vermilata
78c
3%
78c
4.10
4.10
4.10
470
Ols
10%c
8%c
lie
53,110
5%c Jan
3,35
48
3.00
3.40
8,083
3.00 Nov
1'.
^
Mines,' Ltdi—T
*
Walker-Gooderham .& Woi;ts com—i.—^
Waite-Amulet
Preferred
—1
3%
3%
—™_*
——
,
18%
1
i-
4.7
48
176
18%
*19
85
'
,
;
Western
Canada
Westons
Ltd
•
Flour
Preferred— r—
—
Winnipeg Electric class A;
Class B _JL_
Preferred'
Wood
_r_,.—J—
Cadillac
Yankee Girl Gold
—
40
18%
18
1.24
5.00
13c
4.80
July
Jan
Jun
May
Sep
Mar
50
Jan
Apr
21
Jan
Mar
30
Nov
11%
Jan
94%
Jan
9% July
.
,
'
2.35
Oct
2%
2%
90
'2%
74
75c
Apr
3
Oct
2
,
12
2
28
90c
Jun
3
Oct
17
18
54
6
May
22
Oct
iy2c
l%c
3,000
l%c Oct
3%c Feb
2.25
2.50
12.720
1.80 Oct
2.90 Jan.
5%c
2,000
2%c Apr
5%c Nov
99%
$1,000
99% July
;*
5%c
—-1949-52
99%
Mines
495
'
Oct
3.00 Apr
91% '91%
100
*
160
30
10%
-
>*
—.—.1
Mines
Wright-Hargredves Mines.—;
Ymir
—100
,.1■*
29
10%
30
preferred—100
common—_J——_———10%
41c
.
'
Bonds
•—
War Loan
■
(2nd)
3s
100
31c
May
9% Nov
99
Jan
.
Nov
62c
Oct
May
.
Jan
sy4
Oct
•
NOV
29y2c Jan
.
2.85 Oct
4.20
48c
3.50
:
Oct
32c
•
16
Oct
6%
■
Jan
36% Jan
:
.
Nov
9!/4 Jun
•
180
8%
9.75
Mines, Ltd—<
Lamaque Gold Mines —i2*
Landed Banking & Loan—i--,—100
Lapa Cadillac Gold Mines——1
Feb
13c.
100
&
Jan
7%c July
<■2V2 July
_„£
Metal
Oct
4'/4c Oct
60
62
5,900
1,070
2.25
——*
Mining
May
lc
4,000
5
2.27
International
Nov
13
2.25
*
Oil
42 %c Jan
10c
1
.1
Preferred
For
Oct
9%c
l%c
Imperial Tobacco of Canada ordinary.S
Jan
3% Nov
6%
39
lc
Howey Gold Mines
1
Hudson Bay Mining & Smelting——*
Imperial Bank of Canada—
.100
22
Jan
4% • Apr
46
lc
I
,
3.60
Nov
31%
l%c
4l4
Oil
Inspiration
l%c
Nov
12%
9y2c
—_*■
Mines
HolJinger Consolidated Gold Mines
Imperial
l%c
70c
16
21.
—l
Hedley Mascot Gold Mines—,
Highwood-Scarcee Oils
Home
—
Nov
2%C
1,000
51%
3
Oct
9c
13,500
60
—*
Ltd
Hamilton
2%c
2%c
60
Jan
6%C Oct
4,000
2%c
Sep
Jan
2c
9,000
8%c
8c
May
4c
2,30
5
,
1,000
llcl2%c
Feb
Jan
14% Nov
20O
3c
2%C
—
1
Halliwell Gold Mines—
Hallnor
—1
*
;
6%
Feb
Nov
20%
12c
5
6%
Oct
8
10c
14 Va Mar
8,500
50%
_i
Alabastlne.
Mines—
21c
6%
2%c
—*
.
Mines—
20 c
2%c
.
50
„
Bousquet Gold Mines--
Great Lakes
16
3c
Gate Mining-——1
Goodyear Tire & Rubber common—*
_;
250
,
—1
—
14%
16
2 Va
175
1,025
6%
1
——————
3%'
20%
5
j
15
806
20
3
-
:1
—
Oct
2.25 Aug
1,280
19%
21c
——_*■
Golden
Preferred
19%
—
32c
5,150
20
Mines—_—*
God's Lake Mines Ltd——
Eagle
2,95
3.20
*
65c
3.20
3%
Wares
Goldale Mines
Gold
60c
2 %
Apr
Nov
l%c Aug
73c
9'/4
6%
6 % Mar
3
,
Nov
1.40
2%c Sep
1.15
21%
Jun
165
2&C
-
Jan
Feb
Mar
1,500
2c
18% Nov
Apr
8
1.05
———
Lake-Porcupine
6 %
4
95c
97% Jan
191
Sep
4c
1.10
Gatineau Power common,
Steel
14
2%c
—
Gillies
150
*
!
May
16%
325
5%
May
10%
8
Ford Co of Canada class A———*Foundation Co
*
General
7%
1.30
——I
.
Gold
90
135
1,070
17l/2c Jan
Mar
4c
—
—.1
Mines—61c
1
...
5%
7%
Machine—---——-*
Fleet Aircraft
21%
1.30
.20
——
Falconbridge Nickel Mines
Fanny Farmer Candy Shops—
Francoeur
19 %
5V2
__—:
21
100
,17'4
.
17%
corn—*
Oil™——
Gold
Feb
43C
7%
——■
Washing
55c
Aug
3c
—25
Ltd
Eastern Malartic Mines.
Easy
35c
—
;—————*
Stores
Woollens & Worsteds
Mining
125
55c
32% Aug
43c
'
•
--_*
Dominion Steel class B
■'Preferred
Jan
37%
22
Dominion Bank ————„i-v—100.:;—"'■
Dominion Foundries & Steel com—-*
21%
Duquesne
Jun
1
Distillers Corp-Segrams common
Preferred
*———100
Dom
92c
10%
39
Oct
Aug
Jan
—-1
-——
Denison Nickle Mines
Dominion
Feb
.36 Va
—
——_.———*
Delnite Mines Ltd
Dome
Nov
113%
—
—*•■
——
Jun
8
27c
Jan
,115
(Toronto)-—-*.-—100
Imperial Mills—:
Cub Aircraft
9 %
74c
Oct
July
36%
Smelting———5
Consumers Gas
Cosmos
■
—
5%
Feb
Jun
Oct
4%c Sep
Oct
5c
Willans
4% Nov
15
54c
Plow
Nov
46c
5 Vic
Cockshutt
Nov
15
Apr
Sep
56 %C
Cochenour
Nov
Oct
—_1
Commonwealth Petroleum
Jan
10
Chesterville Larder Lake Gold Mines—1
Central Porcupine Mines-
Jan
20c
,
79c
7%.
7%
.
—_1
Jun
9j/2
21% Mar
690
12%
22
75C
———26
:
6
22
4% Mar
9%
preferred—100
Mines
30%' Jan
Oct
Apr
Mines——*
Ky
Gold
Sep
7
A.!
Nov
115
100
8
common^,,.
Pacific
Central
Feb
10
500
15
com
Nov
65
124
16
common...
Alcohol Co Ltd
2.50
120
'.:5
914
.25
Canadian
48%
40
63
Nov
30
Feb
735
Dredge & Dock
Indus
80c
9
Cauadian Car & Foundry common-
Canadian
25% Mar
178
19%
:
———-
Canadian Celanese
309
26
20
Preferred
8% Nov
Feb
100
30
62
common—,
———
Class B
5%
8%
123
o
*
Canners
A
Class
Jun
Sep
120
124
.100
———
——
126
110 V2
2.50
8%
loo
„
—
Canadian Bank of Commerce-—
Jan
1.75
2.50
common
Canadian Breweries common—
Nov
28%
I50
-—
Bakeries
8%
—
Preferred
7
87
4 %
25
Permanent
37% Feb
Nov
May
74% May
60
79
Canada
—
32
6
79
Packers
:
310
Power——
Northern
Canada
Preferred
90
——
Canada
Canadian
10
•■.
5,865
3.85
4.20
Kirkland Lake Gold Mining—50e
Dufault Mines Ltd—
.—1
39c
Preferred
1.00
1.10
Calgary & Edmonton Corp Ltd—*.
Calniont Oil Ltd—
——1
500
13c
of Canada-^—
Lake
May
8%
7% May
6c
12c
12c
1
Lake Shore
115
29 y4
.32
14%
1
High
,
Oct
110%
15 Vi
,
—
Gold
Aunor
5
8%
———1
Co
Kelvinator
Low
High
111% 111%
•
Range Since January 1
Shares
32y2
common——i*
Petroleum—v-*
Jack Waite Mining.:.—:
—1
High
Nov
Nov
3%
Low
far
pfd—100
Milling. 5%
for Week
Range
of Prices
Sale Price
.
.
International
Range Since January 1
Shares
Low
4'/a
*.100
_*
Agnew-Surpass Shoe
Alberta
International
for Week
of Prices
,
,
,,
Sales
Range
Sale Price
Last
■<
STOCKS—
compiled from official sales lists
Friday
STOCKS—
Abitibi Power & Paper
Exchange
Sales
Week's
Friday
Toronto Stock
Toronto Stock Exchange—Curb Section—See page 1943
Jun
-
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4129
Volume 156
Toronto Stock
Last
Par
for Week
Range '
New York
Range Since January 1
Shares
of Prices
Low
'
Low
Par
Oil
45c
Jun
90c
Nov
Building supply—
Jan
Chemical
85c
2 Ms
2 Ma
21
22
121
75c
75c
75c
1,400
10
9%
10
50
2%c
500
3c
3c
1,000
l.l'O
1.12
4,250
85c
Aug
1.75
3%c
500
3c
July
3%c
1
—1
—,1
Lake Mines,—-—;
Mines—
Mining
Temiskaming
3M»c
9.40
'7.15
4.95
—'
5.46
3%
1.55 Aug
946
7.34
8.08
5.95
Machinery
6.11
Metals
5.59
6.16
7.52
8.27
3.32
3,67
4.39
4.75
5.24
Jun
Electrical
Jan
Insurance
10 Ma
Jun
3c
Jun
6c
Jan
Oils
Jan
Railroad
Nov
Railroad
■1/2C Nov
equipment
stock
—
—
equipment——4—
Steel
No Amer
North
Trust
C__
1
1.80
ASeries
D
1
1,73
ASeries A
——1
4.62
ASeries B
l
4.80
Trustee Stand Oil
Trusteed Amer Bank Shs—
Class B——
——1
2.14
1
2.10
1
1.73
Series 1956——
:
1958
Union Bond Fund
series B
15.87
17.35
5.43
5.94
11%
Series
—10
47%
—10
30%
31%
Aetna
Life
—
Agricultural
)
Ask
31Mi
5
63A
7%
1
2MB
2%
12 Ma
61%
64 Ma
Merchant Fire Assur——5
49%
—10 v
Aetna
Bid
283/i
41%
—25
American Alliance—
—10
21
5
16
5%
55%
38c
11.21
11.99
10c
,1
4.30
2.67
5.05
3.01
*
2 Ma
76.05
77.59
8.00
—1
3.30
1.19
—
Wellington Fund
l
14.35
13.01*
6 Ma
—10
"57%
Knickerbocker
Casualty—;
Maryland
68
65
33c
1
C
44%
N Y———4
Par
Ask
132%
Aetna Casual & Surety-
10c
Quarterly Inc Shares—
Republic Invest Fund—
'
Jersey Insurance of N Y„___20
Bid
127%
Par
t
70c
62c
25c
U S El Lt & Pwr Shares A
Plymouth Fund Inc,
Putnam (Geo) Fund,;
Companies
34c
25c
1.73
B
Insurance
Shares—
Trusteed Industry Shares
♦
1955———
Series
ASeries
shares
1953
Series
Quotations for Friday Nov. 27
Trustee Stand Invest Shs—
36Ma
Bond Trust ctfs
Amer
Series
OVER-THE-COUNTER MARKETS
1.92
4.84
24
85c
Jan
65.64
1
•
6.73
Oct
Sep
iy8c
60.70
9.56
—
—
20'A
65c
8% July
5.68
12.43
6.55
8.69
5.11
11,68
Super Corp of Amer AA
"
200
1
,*
State St Investment Corp—*
4.68
8.55
6.49
,4,4—;
stock—,——4—;
Ask
Bid
Par
Sovereign Investors,—
Spencer Trask Fund
7.21
4.24
4
——
Bank
2 Vic
Oreille
Pend
Automobile
Aviation
Sep
80c
Selections
Osisko
High
%c May
6
.
25
Ask
6.55
Apr
2 Ml
Co,
Bid
Inc—
Sep
'Ac
80c
1
Consolidated Paper Corp
——
•
Dominion Bridge
*
Foothills Oil & Gas Co Ltd,.,—+■*
Fraser Co voting trust,—
i
*
Marconi
Canadian
Stocks
Agriculture
5
1,000
%c
5 V'a
Breweries,,.—-—-*
Bud
Canada
High
Mic
5 Ma
%c
_—l
Mines
Tretheway
Brett
27
Nov.
Sales
"Week's
Sale Price
:
Quotations for Friday
lists
inclusive, compiled from official sales
Friday
STOCKS—
OVER-THE-COUNTER MARKETS
Exchange-Curb Section
Nov. Zl to Nov. 27 both
1943
Massachusetts Bonding-
Investment Banking
Scudder, Stevens & Clark
Fund,
Inc,
Selected Amer Shares
Selected
Shares
Income
7.34
Corporations
ABlair &
AFirst
——1
Corp
43c
68C
.—10
Co
Boston
10
11 Ma
Ma
22
%
17%
,2%
13%
14%
Re-Insurance—.
—1Q
44%
47%
National Fire——
Ameflcani Reserve—A--—
—10
National
-25
9%
51%
10%
Surety————
53%
;
Baltimore American——.—
,2'/a
6 %
•7M2
'
Bankers & Shippers——
—25
Boston
,100
Equitable,—.—
American
American of Newark—
(
«
American
American
———
v
%
Merch
70%
'
Amsterdam Casualty,,—,2
New
560
20%
22%
——,10
26%
28 M»
40 Ma
42 y2
12%
13 Ma
River____.—.—— 1-2,50
22
5
3
—,5
19%
21%
New
Hampshire Fire,——A—10
City of New York
-10
13%
15Ma
New
York Fire
-10
27%
29%
North
5
Connecticut General Life,.
32 %
34%
Northeastern
3 8 Va
40%
Northern
51
—10
—_—
,
•
10
Fire Assn of Phila
Fireman's
of
-25
Fd of San Fr—
Firemen's
Pacific
10%
9 'A
5
2 4 Mi
Fire
Franklin
103%
100%
.
—5
Newark
Marine-
-10
14%
16%
Reinsurance
Glens Falls Fire
—5
36%
38%
Revere
Globe & Republic——
—5
7%
8%
American———5
26M4
21 Ma
23
-10
Fire————,
Hartford Steamboiler Inspect„10
43
—5
Homestead Fire——
;..10
Insur Co of North America—,10
27%
13
13%
National Ci1y__„„—
27
.,12 Ma
25%
26%
-17 Ma
26%
27%
171
163
14 Mi
31%
3 3 Ma
5 %
6%
67%
2
(NY)
Corp
.
2 2 Ma
2 3 Ma
.21 Ma
(Texas) —.4.——10
Fire————10
2 3 Ma
250
M2
New York Trust
36%
10
—100
423
69%
U
S
...
—
S
3 8 Ma
53%
Mr Bank of New York
I. Bankers
;
100
__4,——__i0
Brooklyn
4——:
3 7Ma
Kings
64%
Lawyers
433
Fidelity & Guaranty Co__2
———4
30%
45%'
77%
25
24
27
20
10
38 Ma
40 Ma
Morgan
10
11 Ma
12 Ms
New York——
Exchange Bank & Trust_20
34%
32Mb
20
51M4
34%
53%
35%
Bank & Trust
Continental Bank & Trust
——
(J P)
& Co
—4—50
Empire
Guaranty
44%
230 Ma
235 Va
76%
73 Ms
12
2 Ma
3
47 Mi
100
,25
& Trust.
Title Guarantee
172
162
100
—
United
1060
1020
States——— —100
8IM4
,,—.,^,2.50
30 Ma
1220
47 Ma
;—10
1170
common-
74
Chemical
Corn
100
—
Preferred
20
Central Hanover
77
11 Ms
10%
.—10
County,,—.
35Ma
60%
.-
—
Ask
Bid
Par
Irving
306
296
100
—
Companies
Ask
56 Mi
29 Ma
32Mb
U S Fire—
U
45 Ma
123
119
Bid
P«ir.
Manufacturers
260
43 Ma
—10
Springfield Fire & Marine
25
Standard Accident-————10
28%
14Ma
*
5
(Paul)
Travelers
•
87 Ma
Security New Haven
;;
.
90%
87%
—
3 9 Ma
84 %
Seaboard Surety—,—:
46
i
10
.10
Paul Fire & Marine—62
St
27%
U0
———
Home
—100
83%.
Providence-Washington —10.
Republic
Hartford
25%
National——13.55
Chase
94 Ma
37%
Accident——i—
•43%
Hanover
79%
:
41%
Great
1170
.,,100
4
.
90M2
Indemnity Co~
5
Fire &
%
—25
Phoenix
General Reinsurance Corp.
Gibraltar
Ask
1140
First National of N Y.
26
Preferred
*
Ask
16 Mai
Public National
1
10
Bank of Manhattan Co__
Commercial National
—,—12.50
Fire.
Pacific
i.
...
i.
53
Continental Casualty
Federal
5
Bid
15 V*
Par
Bid
Par
23 M2
New Brunswick
Camden" Flrel———
•
New York Bank Stocks
7Ma
159
154
20
Fire—
Union
6 %'
v-
Liberty———-——2
National
73%
-
540
& Mfrs Fire
—
Guarantee—
Westchester Fire
Obligations Of Governmental Agencies
Investing Companies
Par
.
American
American
.»
13Ma
2.44
10.51
10
Business Shares—1—1
Foreign Investing-lOc
Holding Corp
AAmerex
Ask
6.14
2 01
Inc———~l%/:
Affiliated Fund
Bid
'
.
Aeronautical Securities.—,—4.-1
M4%—
>
Group Securities—
Agricultural
.
4.60
shares,
'I
shares——;j—___
Automobile
Inc—1..
ACommon
,
6.54
5.41
5.19
5.71
Electrical Equipment——
6.52
7.17
Food shares
3.47
3.83
4s
1946-1944
105 Ms
6.17
1964-1944—
105 Ma
Fund Inc——
Boston
Inc.—5
19.73
Ltd——-1 1%-11.05
Fund
4.01
4.42
3M»S
4.52
4.98
3s
4.56
5.02
3s Jan.
shares,—^.L—
2.48
2.74
3s
Equipment shares——.—
2.77
'
Century
Inv Fund
2.50
23.74
8.56
—*
Fund,,.————--.-V
Chemical
3.61
w-
21.33
12:12
RR
Fund
Foundation
AA
1.31
incorporated. Investors,, __L.„ __5
Independence Trust,Shares—♦
13.84
14.88
t
105} ii
105M4
U S
106%
106 Ms
U S Conversion
107 ,°o
107
Panama Canal
May
1,
^
_
103M4
A8%•
——100 % 118
preferred—
—100
Cumulative Trust Shares—*
8.91
27.27
1
21.98
24.13
14.82
16.26
7.33
8.06
12.44
13.63
Jun
1
11.70
12.34
Sep
S-2—__L
10.23
11.26
7.41
8.17
2.66
2.95
5.14
5.67
B-3
1
16.44
D
2.50
A—
4.40
Dividend Shares
Eaton
Stock
25c
Howard—
&
Balanced
\i.
.
96c
.<
'
2.95
C'.„
Series
K-l
K-2—
Series-: S-3.
Fund—
1
Equity Corp $3 conv pfd—.1
Fidelity Fund Inc
;
*
1.06
10.01
22.45
24.14
19%
Financial
First
Fund——l
20 Ma
Mut Fund—
>
Sayles Sec Fund— 4—10
Loomis Sayles
Trust
74.48
30.58
,
''
,
L— 10c
—
1
_
stock
:
i'
6.72
1 % %
100.1
1943,.
% %
100.2
100.5
15,
1943,.
1%%
100.13
100.15
15,
1943,.
1
%
100.16
100.18
Dec
15,
1943
1%%
Mar
15,
1944,.
1
Jun
15,
1944
Sep
15.
1944,.
15,
1942,.
J Mar 15,
.
100.28
100.30
%
100.23
100.25
3/4 %
100.12
100.14
%
100.29
101
%%
99.22
99.24
% %
100.13
1
1944.
Mar 15,
1945
Trust
Investors
2d
4.56
5.40
Mutual
10c
1.58
Invest
10c
2.53
Nation-Wide
1
16.35
Fund,!—,1
7.90
8.49
Inc„„,10
7.97
Fundamental
10
Shares
Invest
Rates
A—,1
3.00
3.50
2
15.57
17.06
2
3.79
4.56
3.50
General
Capital
Corp
General Investors Trust
.99
Dec. 2,
b0.38
b0.55
b0.70
b0.81
—•
25^38
2-7.29
;,Ii
3 87
4.18
4.96
99.3
99.6
100.2
0.34%
0.52%
0.67%
0.79%
5.22
5.25
1
1942
30,
6,
0.25%
0.25%.
0.25',%
0.25%
0.25%
0.30%
b0.375
1943
at purchase
Jan
Jan
Jan,
13,
20,
1943
1943.
27,
—•
——
Feb. 3, 1943—
1043
Feb 10,
1943———,
Feb. 17,
Feb.
Bid
b0.375
1943
24,
1943
—.
b0.375
b0.375
£0.375
b0.37o
b0.375
b0.375
Ask
0.32%
0.32%
0.34%
0.35%
0.35%
0.35%
0.35%
3.83
4.73
1942
Jan.
6.22
3.44
bond series
England Fund
16,
Dec. 23,
5.36
5.64
series
Preferred stock series—
New
fcr discount
Ask
b0.375
b0.375
b0.375
b0.375
b0.375
—
9, 1942—
Dec.
1
series
Low priced
1942
Dec.
Dec.
1.09
National-Security SeriesIncome
are
Bid
2.82
National Investors Corp„—
Bond
Fundamental Trust Shares A
B
—_•
—25c
shares
voting shares,
quoted
Treasury bills—
Securities—
7.65
Inc
100.3
Bills
8.71
Fund
(Colo)- series B
•
Trust
,
United States Treasury
3.05
Investors
Mass
(Md)
Foundation
Ask
,
17.58
Mass
1.52
Fixed Trust Shares A
Bid
100.1
99.1
99.4
100
100.15
'
15,
Int. Rate
1945
—
1.% %
JDec. 15, 1945—A—~
Mi %
tMar 15, 1946
—
1
%
tDec 15, 1946
—
1%%
Certificates of Indebtedness—
t5/ss Feb. 1, 1943,
JO.65s May 1, 1943,,—
—
tMaS Aug 1, 1943—
—
tMsS Nov 1, 1943
tMar 15,
100.3
Dec
of a point
Maturity—
7.40
«
.
2.90
14.84
series
represent one or more 32ds
Ask
Bid
Int. Rate
Maturity—
Fiscal Fund Inc—
Insurance
105%
101%
106
31.20
it,10c
1.38
Bank stock series,,,
105 Ma
Quotations For U. S. Treasury Notes
Figures after decimal point
76.20
Maryland Fund Inc—
13.89
.
101%
Virginia Public Serv 5s 1957—
Wisconsin Pwr & Lgt 3M4s, 1971
103
102
105%
Manhattan Bond Fund Inc—
Inc,
Fund,
108%
104Ms
Line
3M4s, 1956—
S'western Pub Serv 5s 1972
1.11
jSept.
Fund——5
Industrial
Mutual
.
100
106%
16.83
9.42
(Mass) ,5
—
———
Common
Equitable Invest Corp
-
—
Southern Natural Gas Pipe
100
Ask
106
104%
3M4s 1971
75c
5.00
15.84
,
;
SeriesMS-4
Loomis
1
—.
Knickerbocker
<■
Fund
——___
Series
-i
.
-
1
L—
i—.:
Series': B-4
15.21
.
Diversified Trustee Shares—
4i
107M4
1972
1972
29.85
•
Funds—
——L„
B-l
Series
Fund—
Delaware
;
'
111
3.78
preferred
A7%
3Mss,
9.12
of
Series' B-2
25Ma
shares—
128 Ms
18.95
Series
:_10
B
ACommon
33/ss
17.44
Series
•
109 Ma
127
Pub Serv of Okla
92
99 Ma
1952——
2MaS 1952,
Penn Electric
America—10
Co
"
26%
109
11.56
—
Investors Fund C—44—4,,—1
& .Forster Insurance—■
Crum
(R H)
Macy
10.54
68c
1.01
""shares-,—
Group shares
Investment
24Mi
107%
1947
3s—4——1961
Bid
104%
91%
_i—
Insurance Group shares:
Bank
2.20
107%
1946
3s
Ask
1971—
Cent 111 Pub Serv 3MsS,
2.20
& Forster common—10
Issues
3s,_
Conversion
Quotations For Recent Bond Issues
Ltd—
Securities
Aviation Group
Keystone Custodian
ACrurn
}i
Public Service of Indiana
1.83
1.83
Series AA mod—,,
—1
Series ACC mod————1
2.02
1.78
3.66
Institutional'
1
—
—,
Other
}k
105 Ma
105
—
—
Empire Gas & Fuel 3%s, 1962—
1.20
1.95
Accumulative series———1
100.25
1956-1946——
1,
15c
Inc
—10c
•a;-
Series
100.22
2.97
5c
Holding Corp———1
31c
1
Corporate Trust Shares
100.4
Housing Authority—,
l3/s% notes ,—Feb
1,1944
1956-1946——
1955-1945—
1955-1945——,
Lukens Steel 43/4s
3.37
100.2
S
3.41
2.52
——
Common
142
29c
U
'
Bid
Income
2060
137
Commonwealth Invest.—.—-1
Consol Investment Trust—-a—1
100.16
100.12
3.98
3.09
shares—;—i—
shares,,—
Utility
^.10
25.53
9.26
1960
Christiana Securities com—100
Preferred
—
100
100.9
Corp—
3.06
Steel shares..——
Railroad
...L_
shares
Petroleum
A Huron
1
Ltd
Shares Trust—
Canadian
100,22
100.7
—Apr, 15, 1944
tl%
0.60%
b0.75
Federal Land Bank Bonds—
Merchandise shares————
Tobacco
Bullock
5.61
bond shares
General
.
Broad Street Invest Co
100.18
—July 15, 1943
Finance
tlMs%
105 Ms
2s
5
'4Ma
1943
1943 at lOOMa—
105 is«
4s
—
t3/4S
Mining shares—_—i
2.96 M;
12.71
13.67
Shares,.——10
-—5
Industry
Basic
5
preferred
A6%
0.55%
100.24
100.20
1944—
Reconstruction
0.45%
1, 1943
—Feb
—
b0,60
b0.70
5.94
3 Mi
2Ma
—
Mar
Dec
——4,
tMsS
1,1942
1, 1943
1, 1943
Apr
t% s
1 Mss Jan. 3,
Banks—
Federal Home Loan
4.29
•
Call Jan. 3,
4.94
Chemical
■
Investing—
———1
Bankers Nat
5.07
3.89
2s ———Mav 16,
99.28
99.26
shares——__—;
shares,,— ..4—_
Aviation,
5%
10.74
4%
9.99
Stand Oil Shares,——.2
Assoc
Axe-Houghton Fund
Feb
100.4-
100.2
1,1943
15,1945
—May
Ask
Federal Natl Mtge Assn—
Commodity Credit Corp—
tl%%
6.67
220
15%
2.67
11,51
Building shares—.
*.
Ask
Bid
Ask
Bid
Bid
Par
5.81
9.75
10.51
•No
s
Cash
bonds
par
value,
sale—not
are
a
Odd
included
in
sales,
range for
subject to all Federal taxes.
price,
d Deferred delivery,
r Canadian
year,
x Ex-dividend,
y Ex-rights,
tin default,
AQuotations not furnished by sponsor or issuer.
b Yield
lot
.
n?»rketft
THE COMMERCIAL & FINANCIAL CHRONICLE
1944
Monday^ November. 30)1942
Week
1942
this week show
Bank clearings
a
decrease compared with
IWest Virginia—Huntington
District of
Total
(6 cities)
j.—
—18.1
436,000,000
228,621,452
"Kansas City
—19.8
351,538,072
409,000,000
—<
$3,218,320,532
287,919,863
j~.—
Philadelphia—
258,396,238
Augusta—
Cleveland-
—11.5
Mobile
five days
187,800,000
—
2.9
162,335,531
141,740,569
—12.3
92,105,400
$5,070,339,216
Total
$6,222,574,741
134,894,133
—12.0
$7,593,932,389
_•%
1,001,587
42,325,926
+ 13.3
26,164,143
24,738,387
3,345,358
+ 45.6
2,105,392
1,927,303
156,176
+ 21.7
149,195
163,337
87,386,330
61,291,295
+ 42.6
47,533,188
41,138,947
364,260,332
284,687,734
+28.4
204,445,182
171,551,484
v
,
518,609
608,511
—14.8
285,744
266,414
4,304,382
3,783,776
+ 13.8
3,298,183
2,682,376
2,875,169
2,454,603
+ 17.1
1,720,485
1,147,965
2,907,849
+ 24.7
1,733,134
1,550,550
22,338,000
+ 26.5
19,420,000
16,034,000
3,227,904
—
2,332,349
28,249,000
—
Bend
2,642.997
+ 22.1
2,131,828
1,528,162
+ 44.2
5,761,047
+ 30.5
19,944,473
4,912,062
17,451,388
4.4
1,264,813
1,114,547
10,292,031
1,572,312!
14,186,314
11,406,933
+ 24.4
8,855,881
8,202,302
5,663,155
'
_
24,357,033
1,642,158
.
7,136,139
31,782,122
—
.
4,541,478
+ 24.7
3,788,383
3,506,002
563,440
Peoria—
390,913,457
2.348,714
'
.
•
.
SUMMARY
3,478,333
.
5,393,770
Rockford—
—1,978,845
——
Federal Resferve Districts
lst
Boston
2d
New
3d
—.—i~
548,031,076
Missouri—St. Louis—
166,000,000
Kentucky—Louisville—
Total
(4 cities)
Ninth Federal Reserve
St.
5th
Atlanta
31,841,493.
29,684,626
709,000
+ 27.4
678,000
579,000
236,246,371
+25.2
174,271,489
147,905,119
District—Minneapolis6,422,600
9th
Minneapolis
+ 29.6
345,933.238
307,736,882
9.4
3,146,938,712
2.647,224,509
+ 13.6
460,984,988
375,046.666
69,952,261
29,938,822
25,668,245
3,905,305
3,170.091
+ 23.2
2,932,293
2,220,221
"
"
"
+ 31.9
338,218,582
282,178,815
267,718,217
203,274,429
+ 31.7
163,739,592
134,894,133
Omaha-
28.4
204,445,182
171,551,484
"
548.031,076
486,441,058
+ 12.7
395,581,801
343,830,778
"
296,003,729
236,246,371
+ 25.2
174,271,489
147.905,119
7
10
Francisco—
+
284,687,734
364,260,332
+
+ 28.6
118,001,341
186,203,340
+ 48.2
142,061,823
+ 25.2
80,449,732
509,119,491
111 cities
New York City
351.612,445
+ 44.8
263,039,987
add
now
7.021,931,904
+17.8
5,795,470,111
+ 26.6
2,768,081,610
2,363,264,074
534,850,713
507,870,346
5.3
415,438,256
371,232,840
+
_—:
i;
r
Lowell
New
Bedford-.
Dec, °/o
$
566,073
649.963
+ 11.3
+ 183.4
1,881,759
Total
268,184.923
248,062,305
3.6
788,890
478.964
398,416
867.979
3,634,047
2,428.852
—-12,917,102
—
——18.9
999,579
1,089,697
—:—.——:—~
.
+
Hampshire—Manchester—688,326
731,465
345,933,238
Buffalo
15,276,376
1,493.608
——
2,454,469
1,546,184
—
.
767,273
3.890,790
2,294.284
1,804,004
11,124,948
5.8 +
5.9
729,634
307,736,882
(10 cities)
—63.6
13,388.227
3.4
1,173,850
36,400,000
+ 36.9
3,083,592
2,695,449
+ 43.0
146,786,000
133,898,000
+ 35.0
2,886,814
4,996,094
—
6,006,747
4,701,012
—
Vancouver——.—
478,563
358,583
29,489.980
22.345,079
+ 32.0
19.308.167
41,618,774'
27,200.850
+
53.0
28.774,208
+ 25.4
'
517.370
1,429:333
482.894
1.491,770
1,451,773
541.000.000
1.535.262
+ 33.5
-
•
.
380,317
1,405,703
2,352.326
2,516,391
1.184.213
1.172,400,
509,119,491
351,612,445
+44.8
263,039,987
230,475,601
7,021,931,904
+17.8
5,795,470,111
4,132,285,406
4,432,688,729
3,501,984,262 :
+26.6
2,768,081,610
2,363,264,074
Canada—
+
3,146,938,712
9.4
—
—
+
+
3.6
.
4—-.—
-
Halifax—
128,189,501
109,334,314
7.6
117,399,902
103,647,439
50,934,141
63,243.024
26,184,568
21,578,490
+21.3
4,516,219
Columbus
Mansfield
8,128,116
John—IIIIH—IZI—IIHIll-
+
+
1,200.482
"
<
1,084,300
448,000,000
365,000.000
9.2
1.508,584
Pennsylvania—Pittsburgh
IIIIII"
IIIII"
I
0.4
—10.4
+ 10.4
2,869.843
2,160,865
1.0
997.557
761.372
1,600.280
+ 16.4
1.176.533
9,2
3,127.700
+
13.6/
2.943,295
9.7
2.196.397
6.5
9.804.500
8.909.600
2.840.010
+ 11.2
2.162.568
1,749.900
4.513.941
3.402.973
+ 32.6
2.741.229
2.159.665
244.481.543
179.500.314
+ 36.2
142,542,147
598.230
1,783.515
;——
987,517
William
Westminster
449,057,211
+31.9
338,218,582
282,178,815
+ 16.6
826,114
717.478
1,126,361
—
2.3
993,276
905.564
1,342,122
;——
846.972
1.100.383
;—
1,377,466
—
2.6
863,642
801,823
1,114,715
429,991
835,453
881,111
1,391,191
!
966.769
473,421
——
Hat
1,266,336
+ 15.3
721.872
581.851
+ 10.1
386,358
309,908
—
5.2
666.191
571,777.
+
9.9
913,594
722,765
1,261,624
1,477.200
—14.6
1,187.900
1,131,256
5,427,911
—
6,856.252
—20.8
3,540,724
2,815,425
706.037
603,275
1,176,854
1,420.055
830,221
842,318
—
1.4
780,632
864,061
+
9.7
675,216
524.991
+ 28.6
558,333
567 857
1,156,229
1,099,846
5.1
989,388
966,538
534,850,713
507,870,346
—15.3
415,438,256
371,232,840
+17.0
451,474
434,127
—17.1
1,058.076
876.533
708,895
632,260
115.224.810
592,274,678
3,47.810
718,123
Prince Albert
96.874,545
12.719.800
3.158.653
4,920.549,
5,205.042
447,600
1,823,274
Bherbrooke
55.281.144
114.084.944
5,216,671
-5,708.089
+ 13.0
Medicine
1.979.151
64,736.797
+ 32.7
37.4-
+28.8
1,905,637
2,611,177
+25.9
Kitchener
+ 26.6
5.0
+
542,123
1,991.343
1.0S8.718
917,638
Windsor
87.670,813
+
5,723,244
2,165,020
3,078,180
-
1.987,354
New
.<
159.980,006
6,856,252
7,172,075
2,245,433
Fort
375,046,666
110,992,570
4.6
698,330
Peterborough
460,984,988
2.8
—
6,377,930
6,898.935
■;
6.1-
+
3,176,109
•
3,218.433
6,916,649
•
1.156.382
Moose Jaw——'
2.700,000
555,368,644
+
2,037,473
7,198,363
Brantford
945.265
•+-
2,400,516
4.947,537
3,827,677
.7,678,204 •'+ -5.9
7,478,614
17,912,835
Saskatoon—.
+
+
Moncton
—
Kingston
:
:
Chatham
S^rnia
;
—
(32 cities)
•Estimated,'
;
—.
•
—
Sudbury
Total
(7 cities).
5,041,731
+
Lethbridge——1
1,233,369
6.5
13.543.100
,
J
Y oungstown
6,742,438
23,112,250
6,172,629.
*.
•43,835,457 :+114.4
7,863,718
—
18,872,549
40,461,980
—
2,548,015
.
Regina—
1
.'"i
$,.«?.*
+ 17.8
—
Brandon
1939
—17.7...!.
Edmonton—
629,210
-
$
3.031,516
240,834
1940
57,170,190
8,253,441
291,451
404,771
3,792,500
3.229,617
_HI
'
Dec. Vo
165,618,504
2,647,224,509
212.355.254
Cincinnati
S
148,503,005
6,772,447
20,945,320
7
67,362,941
——
—.—
.1
19
Inc. or
137,225,357
—
—
.
-
,136,323,102
Toronto————————
16.682,037
1,259.627
t
2.8
+ 13.9
—
439.891
8.9
5.8
District—Cleveland
Cleveland
1941
$
-
Ended Nov,
-
93,988,437
4,141,000
630,921,254
Ohio—Canton
1,281,361
2,513,691
291.373
■
1.862,879
Fourth Federal Reserve
1,392,139
3,264,713
2,094,802
616,000.000
(10 cities)-.
—15.9
,:+15..0
L942
St.
510,863
2,505,040
1,662,255
,4,276,745
8,271,059,718
—
District—Philadelphia
464,904
3,386,762
1,398,219
Hamilton————
"
3,700,798
3,843,925
4,916,642
Week
8.8
1.377,837
35,635,142
—11.8
365,207
8,314.352
Jersey—Trenton
43,241,348
3,409.433
32,000,000
509,999
7,581,595
3,659,786,712
+ 40.7
5,081,411
i,142,914
—
Montreal
4,003,616,406
60,177,322
102,457,000
—
Winnipeg
York
66,102,921
9,861,151
4,002,411
I
80,449,732
280,178,608
—
6.549.899
~~
+ 25.2
3,005,817
:
4,927,214
—
112,820,486
6,958,192
Stockton——.
7,952.846
Wilkes-Barre
2,921,823
620,426
+29.6
f
1.3
.
836,064
3,359,505
275,136,000
Santa Barbara—,
3,685,681
9,590,900
+
Lancaster
"1,172,001
15.1
84,650,502
San Francisco..
San Jose_
8,418,739
4,489,328
12,663.700
'•
+ 43.7
I
:
Pasadena.——.
;
+ 15.9
"
0.5
+
141,288,265
California—Long Beach———.
610,203
3,842,654
—
.
1,985,000
+
5,000.575
(,067,055
5,530.683
Pennsylvania—Aitoona
+ 11.8
1,263,930
16,785,949
9.110.788
Total
2,062,000
2,986,000
5,756,438
19,507,660
5,604.421
Total
3,338.000
'•
+ 29.2
10.555,486
New
6,891,805
25,827,294
2,550,021,332
•
1,353,193
52,038,036
8,979,259
33,363,672
3,027,388,501
;
1,275,731
63,678,236
9.1
Utah—Salt Lake City———.
9.0
Jersey—Montclair—_
17,3
29.5
+
385,334
+
Rochester
+
+
14,352,980
30,707,152
3,519,947,642
Syracuse.
Connecticut—Stamford
2,092,125
87,124,876
15,665,553
-
1,047,562
3,838.370.989
Scranton
127,307,197
37,986,234
661,853
;
142,061,833
33.5
728,636
Philadelphia—
Reading
651,356
+48.2
73.2
4.1
!
491,652
670,018
+
Chester—
2,711,728
470.844
572,137
+
986,563
Bethlehem
2,883,073
30.6
+
+
1,027,054
Third Federal Reserve
59.9
+
+ 127.5
1,513,201
47.2
—
2,130,082
84,154,662
53,506,986
+
(12 cities)—
1,739,360
3.143,103
100,354,084
2,019,421
769,612
Total
186,203,340
Y a kima
48,400,000
Northern New Jersey
718,485
1,604,165
21.4
+ 47.6
1,269,805
1,133,010
^
585,983
Falls
60,700,000
Newark
3,503,655
—.
Jamestown—
New
+
112,804,000
——
Elmira
New York—
438.1
275,877,043
-
fill cities)—
Outside New York
5.562,926
—.
Binghamton
1,908,601
3,951,938
129,757,899
938,022
_
Washington—Seattle-
Second Federal Reserve District—New York-
York—Albany
32,735.015
1,333,126
Grand Total
New
30,532,772
191,549,296
.
(6 cities)
Total
448,392,640
u
+ 52;5
92,674,932
2.4
4.3
+
5.368,752
13,136,900
(12 cities).
42,441,644
104,354
Oregon—Portland
2.8
—
12,380,569
5,055.957
-
397,408
9.0
+
3,723,261
2.363,237
18,877,100
-
Island—Providence—
Total
2,489.594
88,968
Twelfth Federal Reserve District—San Francisco-
2,042,800
+ 30.4
.r
Haven
New
Rhode
101,394
2,296,509
$
2,511,969
•
—
Connecticut—Hartford—
New
1939
$
302,720,600
—
1
1940
388,228
——•—
Springfield
116,168
+ 26.0
5,601,585
„
Galveston———
21
Nov,
Inc. or
723,331
(
r—
Worcester-
Ended
1941
7,118.196
394,635,239
836,565
f-
———
.
+ 14.8
+ 15.4
Eleventh Federal Reserve District—Dallas-
District—Boston-
Massachusetts—Boston—_————
Fall River-
103,550
*130,000
——2,634.966
Louisiana—Shbeveport
$
Clearings at—
——
106,587,575
4,799,298
Texas—Austin
Wichita
Week
Portland
118,001,341
848.811
64,741,254
'
——
(10 cities).
Dallas
1942
Maine—Bangor——
+28.6
150,500,236
4,132,285,406
3,501,984,262
.•
First Federal Reserve
3,497,715
3,101,585
—
week ended Nov. 21 for four years.
"!
3,767,439
1
St. Joseph——
Colorado—Colorado Springs—
Pueblo——
detailed statement showing the figures for each city for the
our
24.4
222,395
Fort Worth
We
+
230,475,601
8,271.059,718
32 cities
Canada
1,090,838
5,468,198
3,907,101
Wichita—
66,102,921
150,500,236
4,432,688,729
I
Total
1,064,172
*150,000
Kansas—Topeka
Total
Outside
3.6
——-
-
.
Missouri—Kansas City—
127.307,197
112,820,486
193,556,587
"
"
888,084
+
193,556,587
Nebraska—Fremont—
106,587,575
275,877,043
141,288,265
"
"
6
10
+ 28.3
1,519,285
6,801,903
Lincoln
—
1,170,426
1,574,383
Hastings—
7
6
10
449,057,211
—
3,309,484
75,858,670
+ 24.9
Tenth Federal Reserve District—Kansas
City—
280,178,608
555,368,644
City
3,551,861
+ 29.7
38,115,265
;
(7 cities)——_—_—
3,659,786,712
11th Dallas
+ 56.3
96,947,285
47,599,419
$
592,274,678
4
St.
4,109,686.
125,751,475
—
—
630.921,254
Louis
6th
12th San
Total
85,800,000
39,113,778
36,479.711
——
Helena—
4,003,616,406
.——.—
98,000,000
+ 21.5
Dakota—Fargo——
M
Chicago
130,900,000
Dakota—Aberdeen—1,501,502
"
Richmond
343,830,778
+ 25.7
Paul———_—
10
Cleveland
395,581,801
296,003,729
Minneapolis——
1939
$
+ 12.7
+ 26.8
,
903,000
——
Minnesota—Duluth
17
4th
10th Kansas
1940
1,071,057
57,676,572
1
Inc. or
486,441,058
912,378
1,342,822
46,960,799
.
CLEARINGS
Dec. %
4,831,691
1,358,165
"
70,088,683
North
$
—4,143,658
0.4
+ 18.0
—-
59,012,046
—.
Tennessee—Memphis
Illinois—Quincy——
Montana—Billings
1941
1,183,950
"
———
(17 cities)
-J— 12
York
6th
BANK
448,392,640
12 cities
Philadelphia
7th
OF
277,094,769
1,088,506
Eighth Federal Reserve District—St. Louis-
.
$
291,165
319,092,886
+ 15.2-
1,745,384
_
351,793
+ 10.0
1,986,790
Springfield—2,059,202
+ 22.0
—32.5-
4,680,953
:
(
by Federal Reserve Districts:
1942
+
462,005
^430,038,412
Chicago———
Decatur-—
Total
1,183,441
1,385,467
21,960,000
Illinois—Bloomington.
:
21-
4.8
1,267,592
South
Nov.
—
22,994,000
••
Sioux City
in the Boston Reserve District of 29.6% and in the Phila¬
of 13.6%. The Cleveland Reserve District has been able
31.9%, the Richmond Reserve District by 31.7%, and the
by 28.4%.
In the Chicago Reserve District the increase is
12.7%, in the St. Louis Reserve District 25.2% and in the Minneapolis Reserve
District 28.6%.
In the Kansas City Reserve District the totals show an expansion
of 48.2%, in the Dallas Reserve District of 25.2% and in the San Francisco Reserve
Week Ended
2,652,787
3,770,078
+ 26.7
_
Terre Haute—
register a gain of 9.4%,
delphia Reserve District
to enlarge its totals by
Atlanta Reserve District
a summary
55,900,000
190,050
—.
Iowa—Cedar Rapids_
Des Moines—
—:
that in the New York District (including this city) the totals
.
19,768,404
73,500,000
—25.2
District—Chicago—
Indianapolis——
9.9
—
at this centre having recorded an increase of 9.0%.
We group the
according to the Federal Reserve Districts in which they are located, and
furnish
5,325,528
24,020,677
+ 33.2
1,670,520
Indiana—Fort Wayne—
0.2
—
bank clearings
In the following we
+ 17.4
+10.3
31,335,000
Lansing
ings for the whole country having amounted to $8,271,059,718, against $7,021,931,904
in the same week in 1941.
Outside of this city there was an increase of 26.6%, the
District of 44.8%.'
6,621,182
33,089,490
102,200,000
39.704,872
:++
Wisconsin—Milwaukee
this it appears
163,739,592
4,870,359
Grand Rapids—
Complete and exact details for the week covered by the foregoing will appear
in our issue of next week.
We cannot furnish them today, in as much as the week
ends Saturday and the Saturday figures are not available at time of going to press.
Accordingly, in the above the last day of the week in all cases has to be estimated.
In the elaborate detailed statement, however, which we present further below
we are able to give the final and complete results for the week previous—the week
ended Nov. 21.
For that week there was an increase of 17.8%, the aggregate of clear¬
from
+31.7
_...
(10 cities)—
South
(cities
203,274,429
—
Michigan—Ann Arbor—
1.9
+
1,371,357,648
$6,841,436,596
15.2
;
f
Tbtal all cities for week—
18,939,409
1.9
—
1,152,235,525
1,368,287,319
•——.—....
63,393,347
27,935,117
2.0
$5,473,149,277
Total all cities, five days——
All cities, one day
986,708
84,325,140
;
:
Louisiana—New Orleans
1,174,227,772
.—
1,400,674
+ 33.7
+ 15.8
267,718,217
Mississippi—Vicksburg--.
$4,298,921,505
Ten cities, five days——Jl——
+ 15.0
34,914,627
47,955,665
+ 18.1
—11.2
Seventh Federal Reserve
Other cities,
1,985,077
105,604,350
Alabama—Birmingham
104,002,874
118,100,000
124,270,461
——
.—
48,644,461
2,525,936
159,036,701
———i—.
2,474,000
45,780,484
1,249,860
90,379,109
•Pittsburgh
456,208
638,177
3,660,000
+ 35.1
2,282,686
—:
Florida—Jacksonville—
182,415,000
,
.
6.0
+
+ 90.1
—
113,700,000
Ban Francisco
911,780
3,703,000
56,155,595
;
7,770,465
—36,506,795
;
136,100,000
122,864,651
'St. Louis
£
40,435,777
Macon——:
6.2
—
1939
$
141,149,325
-
-
Georgia—Atlanta
$2,580,714,268
York
New
"
—
Columbia—Washington—
Tennessee—KnoxvilleNashville-_.j———
%
1941
1942
1940,
Sixth Federal Reserve District—Atlanta-
Clearings—Returns by Telegraph
Week Ended Nov. 28
21
or
75,845,588
_
South Carolina—Charleston
Maryland—Baltimore
Our preliminary total
stands at $6,841,436,596 against $7,593,932,389 for the same week in 1941.
At this
center there is a decrease for the week ended Friday of 19.8%.
Our comparative
summary for the week follows:
1
Inc.
Dec. %
7,038,000
Richmond
below those for the corresponding week last year.
'
966,841
Virginia—Norfolk:
inary figures compiled by us, based upon telegraphic advices from the chief cities of
the country, indicate that for the week ended Saturday, Nov. 28, clearings from all
cities of the United States from which it is possible to obtain weekly clearings will
be 9.9%
$
Fifth Federal Reserve District—Richmond—
Prelim¬
a year ago.
Ended Nov.
1941
$
THE COURSE OF BANK CLEARINGS
^
+
782,781
778.538
Volume 156
-
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4129
-(Continued from page 1916)
•
,
Per
per
When
Payable
of Reo.
12-12
11-24
»
When
Holders
share
Name of Company
Holders
share
'
Payable
1945
of Reo,
Holders
Per
When
share
Name of Company
Payable
of Rec.
'
Name of Company
Liquidometer
Little
Corp.
,
75c
(year-end)™-—*-—*-
Miami RR. Co.r-
12-10
cl. A (quar.)..
$25c
■ •
12-10
12- 1
11-20
1
11-20
12- 1
11-27
12-15
12-1*
12-
$iy2
10c
$2
12-15
12-
12-15
;
10c
-—,._^aa————a—a*.a—a,
15c
Mfg. Associates ' (quar,) .a~.—$2
11-30
12- 1
12-15
12- 5
1-2-43
12-22
Lunkenheimer Co.—
$1%
—
12-
lc
Lusk Royalty Co.—
Lynchburg & Abingdon Telegraph
Paper-——.**—a.:
Mack Trucks, Inc. (year-end)
Macassa Mines, Ltd. (reduced)-———-—
Macmillan Co., common (quar.)—
1
11-27
$3
$25c
$2
&
:
1-2-43
12-15
11-30
11-14
12-11
11-27
6c
(s-a)
12-15
11-30
25c
10-28
12-29
10-28
250
11-30
11-13
50c
12-15
11-27
12-14
11-27,
12-15
:
15c
11-30
$l»/4
12-15
12-3*
40C
12-10
11-27
25C
12-
11- 9
25 c
1
12-1
11- 9
Marconi International Marine Communication
Co., Ltd., Amer. dep. rec. for ordinary
"registered (interim) '.^a-aa.**-—a*-.****,:$5 pfd. (quar.)——
■Marsh 'Wall Products—-----——A—A*.\
Masonite Corporation common (quar.) —
'■iVzVo .preferred' - (quar.)—
Masco Screw Products (year-end).———
%Vz%
$lJ/4
Extra
Master
Plate Glass Insurance
Co.
(quar.)—
4
11-10
1-
1
12-15
12-
1
11-16
12-10
11-16
■■■•
25c
12-1
11-16
15C
11-24
1-2-43
12-31
25C
1-2-43
12-31
35c
;
12-11
50C
-
,
12-21
12-5
75C
May Department Stores-—
12-
1
11-18
12-1
11-21
H-30
11-28
35c
Agricultural Co. (year-end).—.
43%C
McClatchy Newspapers, 7 % preferred (quar.)
Sugar Refining & Molasses—
7% preferred
$1%
(accumulated)
$55y2c
Mclntyre Porcupine Mines, Ltd. (quar.)—4
-———A.*—*—A—7 $$1.11
/: Extra.
1-2-43
11- 2
(quar.)—
$3c
12-15
12-1
5lA % pfd. (quar.) —
McLennan, McPeeley & Prior, class A (quar.)
$1.31 V*
$12»/2C
12-15
12-4
Maui
McCahan (W. J.)
McKesson & Robbins,
12-1
11-19
12-
11- 2
1
12-31
12-31
12-31
15c
12-11
11-27
$l'/2
12-1
11-15
$1%
12-
1
11-15
12-15
12-1
30c
$3
National
12- 5
12-1
30o
12- 5
National
National
National
1-1-43
12-20
12-21
11-25
12-31
$VA
11-30
2C
Merchants Petroleum Co.-
12- 9
11-14
12-15
11-24
25c
12-24
12-17
$iy«
$1.31 y*
1-2
12-17
1-2
12-17
$iy2
12-23
12-3
t$2%
12-1
$2
:
'
12-
1
11-20
25C
12-10
12-1
$1%
12-22
12-12
8iy»c
$3.25 participating preference (quar.)
Metal & Thermit Corp., common.*
——
.
1-
$lJ/4
'
$iy2
.
.li
12-
11-30
25C
12-
1-
12-
$1%
1-
12-
1-2
12-24
4-1.
3-24
10c
11-14
11-30
11-14
25c
common
11-30
5c
12-15
11-28
50c
12-15
11-28
2-
50c
25C
12-
12-15
1-
12-15
$iy2
1-2
12-15
1-
2
12-15
12-10
11-27
$1%
15c
10c
5c
1-16
12-18
Mid-City Bank & Trust Co. (Phila.?
Mid-Continental Petroleum Corp. (yr.
.—
V
12-12
12-12
11-27
11-27
50C
12-16
12- 1
$1
12-1
11- 6
25c
:
end.)
12-15
11-30
1-2
12-24
$3
Midland Oil Corp.,
12-15
12-1
Midwest Oil Co.,
■
12-15
11-14*
12-15
11-14
12-15
11-24
25C
$2 conv. pfd. (accum.)—
;
45C
common (s-a)
c/o preferredv (s-a) —4-4-44——4444i—*44^ 4 4.44c
-A",
9c
8fo preferred (participating)
25C
Miller & Hart. Inc., $1 prior pfd. (quar.)
12-12
12- 2
20C
12-10
11-27
8
v
—
Minneapolis Brewing Co. (year-end)
Minneapolis-Honeywell Regulator—
■:Common ' (quar.)4--———4--—
$4 preferred B (quar)
—
————
4'A % preferred C. (quar)—————
Minneapolis Gas Light, 6 % pfd. (quar.) 4—4
5 V2 fo preferred :(quar.) -4——444—
$5.10 1st preferred (quar.) —
—-4—4
$5 preferred (quar.)-———4———
Mission Corp.
(year-end)————4——
Mississippi Valley Public Service, com. (quar.)
6% preferred B (quar.)-—444—7 %' preferred A (quar.) ——————4-4
Missouri Edison Co. $7 )pfd. (quar.)————
Missouri Public Service (irregular)———Missouri Utilities, common
5% preferred (quar.)
Mitchell (Robert) Co., Ltd
Mock, Judson, Voehringer Co.——
Mohawk Carpet Mills, Inc.44-———;—
12-15
11-20
50c
12-18
12-11
$37(4c
1-16
12-15
$1(4
12-
-
50C
12-10
$1
12-
$1.06
$iy2
12-
1
11-25
11-20
11-20
$1.27 Vz
$l'/4
85c
$1
$1V2
$1%
$1%
24c
12-
11-20
12-
11-20
12-
11-20
12-
11-20
12-18
11-23
12-15
12-4
1- 2
12-15
1
11-19
1-2
12-19
11-30
11-10
12-
25C
:
12-
1
11-20
$iy»
—
12-
1
11-20
$$1
——
12-15
12-
1
25c
12- 5
11-25
50C
12-
11-28
(year end)—4——4
75c
12-
11-20
Monroe Loan Society.5^2% pfd. (quar.)-—
Monsanto Chemical Co., $4.50 pfd. A (s-a) —
34%c
12-
11-25
$2.25
12-
11-10
$4.50 preferred B (s-a),——4-—
$4 preferred C (s-a)—————4-
$2.25
12-
Monarch Machine Tool
Common
$2
12-
11-16
11-10
75c
end)————,——.—
(year
Montgomery Ward & Co., common—
Class A
(quar.) ———4—4_———
Montreal Cotton, Ltd., com. (quar.)——-
12-
11-10
50c
1-15
12-11
$l3/4
$$1
$$l3/4
1- 2
12-11
"
12-15*
11-30
12-15
11-30
Montreal Loan & Mortgage Co.;. (quar.)—4
Moore (W. R.) Dry Goods Co. (quar.)——
$31'Ac
12-15
11-30
$iy»
1-2-43
12-31
& Co. Inc.—
Motor Finance Corp. (quar.) —4—
Motor Wheel Corp. ——_—4_———Mount Diablo Oil Mng, & Development—
$1 Vz
12-15
12-1
25c
11-30
11-14
1% preferred (quar,)
Morgan
,
—t—,—
(J. P.)
Quarterly
Mountain
"
Fuel
;
Supply
(Utah)
(irregular)—
(s-a)—
Mountain Producers Corp.
Muncie Water Works, 8fo
—
preferred (quar;)-
11-27
.
& Accident Insurance Co.
12-
1
11-20
12-
1
11-20
1-2-43
$1
A-,
25c
Pickle
(quar.).:
Company
,
11-28
Pinchln, Johnson & Co., Ltd.r—
25C
12-15
12-15
12-1
Nebraska Power Co., 6%
■''
1c/o
preferred
pref,
$1(4
;
A
(quar.)——
12-
11-13
(quar.)——
—
Nestle-Le Mur Co.,
Bedford
New
$2
particFpating
Cordage,
25c
New York Si Queens
Co.
&
all-12
12-1
11-12
12-
11-30
11-30
12-31
12-10
$1
12-10
11-20
$$1®4
12-14
11-30
1-15
12-10
12-14
11-20
12-
1
11-6
12-
1
11-
A.-
;
Western
$13A
$1(4
Gas—
—
6
12-23
12-10
12-1
11-16
12-15
11-27
12-
1
11-21
12-
1
11-16
2-1-43
1-15-43
12-23
11-30
12-15
11-20
12-19
11-30
$2(4
Railway com. (quar.)
(stock dividend, one
Prosperity Co., 5% preferred
Protective Indemnity Co,
A
(year-end)
—:
prior preferred (quar.)—_—
North Central Texas Oil (year-end)
North River Insurance Co. (quar.)
717Ac
1-2
12-10
75c
12-22
75c
12-22
A„"A 75c
1-
1
12-11
12-11
12-22
12V2c
12-16
12-
25c
12-10
12-
Co.,
'
1
11-20
1
11-20
12-
1
11-20
1-2-43
12-15
12-10
11-20
12-1
11-14
12-30
12-21
12-
Parkersburg Rig & Reel Co., com. 1 irregular)
$5V2 preferred
(quar.)
Patino Mines & Enterprises Consol.___„
Dividend is 5s.,; payment will be made in
Dredging (interim)—
Co., Ltd., com. (quar.).
(quar.).,
—
(quar.)...—
Ltd. (interim)
....
Mines,
Peerless Casualty 6%
preferred (accum.).
(quar.)—
pfd. (s-a) ——_—
Peck, Stow & Wilcox Co.
12- 8
11-17
12-15
11-15
Peerless Woollen Mills, 6(4%
Pend Oreille Mines Si Metals
$2
12-15
12- 1
Penick
St
Ford,
Ltd.*.—*—
pfd.
.
2-1-43 1-15-43
11-20
11-30
1
12-
10-20
12-
11-16
12-1
11-14
12-18
12-4
12-
11-20*
1
12-9
12-24
12-15
11-20
12-9
11-25
12-21
11-27
12-
11-17
1
12-1
7%
11-24
12-
12-23
4
.11-20
12-23
11-20
12-15
12-15
1
11-15
11-30
11-20
12-
1
11-14
12-
1
11-14
12-
1
12-15
12-
12-17
12-3
12-
1
11-19
12- 1
11-19
12-29
12-14
12-14
12-29
12-23
1-15
12-15
12-3
12-15
12-
12-10
11-20
12-
1
11-20
12-
1
11-20
12-
,
11-25*
15c
$1%
$1('4
1
11-15
1
,
11-30
,12-1
12-15
12-, 4
12-15
12-
12-1
11-20
4
41%c
(monthly)
(monthly).
50c
12-
1
11-20
58yac
12-
1
11-20
25c
12-
1
5%
11-14
12-1
11-14
—
com.
(quar.).
preferred
11-20
Pure
convertible preferred (quar.)
preferred, (quar.)—.a*a,-—..a^^.a,a
Purity Bakeries Corp (year end) ———
12-
1
11-20
12-
1
11-15
12-15
12-
5
12-19
12-10
12-15
11-30
12-15
12-22
12-15
(s-a)——
Co, (interim).
Randall
11-30
11-
1
Co.
11-24
11-24
Reliance
11-19
Reliance
1-1
11-19
1-
12-1
11-14
12-
12-
1
12-
1
8
12-15
50c
12-19
.11-27
50c
12-1
11-20
$$iy4
1-
50c
2
12-23
12-15
12-10
,
1- 4
Rice
12-
25c
1
12-30
12-16
12-
1
11-16
35c
12-
1
11-16
$1
12-
1
11-15
25c
12-. 2
11-15
12-]2
11-15
12-4*1
75C
$1.37ya
12-15
11-16
12-1
$1
11-27
$15c
$$1
$$1%
12-14
.
11-21
12-15
11-30
12-15
50c
12-10
tic
1-14-43
$iy2
12-10
11-30
12-
11-28
25c
12-21
12-10
$3
12-31
12-20
$1%
$6c
75c
12-
1
Ranch
Robertson
11-16
12-28
11-30
12-14,
12-1
12-
11-16
1
11-30
11-2
11-13
12-21
12-10
12-15
11-30
1
11-20
12-10
11-19
12-
1- 2
12-17
*25c 1-15-43
i-2-43
1
ii-16
12-
12-15
11-30
12-15
11-20
12-15
11-20
37 (4c
12-1
11-20
15C
2-1-43
1-15-43
15C
2-1-43
1-15-43
25c
12-21
$1(4
1-1-43
$1(4
1-1-43
25C
11-25
12-15
12-1
12-30
12-15
37 (4c
12-15
A 11-30
12-
11-20
12-
11-12
12-
11-12
.
(quar.)_r_.
W/2
$1(4,
$$1(4
37 (4c
Frqncisco, Remedial Loan Assn.
(quar.)
12-21
12-10
11-23
11-30
12- 1
11-14
$$iy2
$500
12-
1
10-31
12-
1
11-14
50C
12-15
11-30
15C
12- t
11-25
15C
(s-a)_A—
preferred (s-a)_._—*
11-16
25c
common
Bridge 6% 1st pfd,
H-3.2
12-1
37y2c
$iy4
2nd
12-
,
62 (4c
preferred
12-10
12-15
(irregular)—
St. Joseph Lead Co.———
—_
St. Joseph Water, 6% preferred (quar.)
Shops,
1
12-10
lc
(quar.?——
convertible
,12-
;
37 (4 c
(H.. H.) .Co...*.**-—*—**—■***-"
Saco-Lowell
3%
12-10
$1(4
pfd. E (quar.)
6% preferred C (quar.)——*—^——..
6% preferred D (quar.)
—
Rolland Paper Co., Ltd
a»
6% preferred lquar.)
Roos Brothers
(quar.) .A-*-------1-—-Roosevelt. Field, Inc. (year-end)—*—--—*—
Roxy Theatres, $1(4 preferred (quar.).—.—
Royal Bank jot Canada (reduced quar.)—_
Royalite Oil Co., Ltd. (s-a);—.—
,—*
Russell Manufacturing Co..:———_*—
Rustless Iron & Steel Corp. com. A (quar.)—-
St. Louis
1-1
30c
;
$1.50 convertible preferred
San
12-10
12-15
Rochester Gas & Electric 5%
$2 (4
1
1
1-
12-15
$$3.25
Oil-
Rochester Button Co.-—
1
12-31
12-
11-30
t40c
Rich's, Inc., 6(4% preferred (quar.).
37y2c
1
I
"Reliance' .Steel Corp.—
/A •aA-.V
• VA
$1(4 conv. preferred (quar.)
Republic Investors Fund—
^ 6%
preferred A (quar.).
,—
6% preferred B (quar.)——
Republic Steel Corp., common.A
—
6% preferred (quar.)
——
6% prior preference A (quar.)
;
*
Reynolds Spring Co. (resumed)—*—
12-19
12-21
,
11-30
12-21
20c
1-15
75c
11-30
12-15
25c
,'Extra,
12-29
12-21
12-15
A
25c
Ltd.*—**a*_—.A-AvA
preferred (quar.)—
Grain, Ltd., 6Va % pfd, (accum.) -A
Insurance (Phila.)
(s-a)
$1
12-29
11-25
$iy2
B—*_.a_aA—;
30c
$1(4
11-27
1-15
50c
A $1 60- non-cumulative
1
12-21
.
Class
11-27
12-18
80c
Regent Knitting Mills,
2
-
12-21
—
12-15
11-13
11-13
12-18
87 (4c
Raybestos-Manhattan, Inc. (year-end).
25C
Rayonier, Inc.—*a—..aaa.—a*—a*/. "i'
50c
Reading Co. 4% non-cum, 1st pfd. (quar.).
$$1
Real Estate Loan Co. of Canada, Ltd. (s-a).
11-30
12-
$1,(4
$1(4
;
(year-end) ——aa
Quaker Oats Co., 6% preferred (quar.)——
Quaker State Oil Refining Corp
12-12
12-15
1-15
12-15
50c
Pyrene Manufacturing Co.
11-12
1
"(year-end?—.—..-*.,
A: '6%'
11-30
12-
.
common
5 %
11-20
1
Oil Co.,
11-13
12-15
--
11-12
11-27
11-13
12-15
,
1
12-
12-21
12-15
.
,■
1
>
11-20
12-17
12-15
(monthly).—..—A*™——
12-
currency.
Pato Consolidated Gold
Paton Manufacturing
30c
preferred
preferred
preferred
12-
25C
30o
5%
11-14
50c
(quar.)
Oil Corp. (resumed)
Machinery Go,——
^.
Page-Hersey Tubes, Ltd.
(quar.)™
Paraffine Companies, Inc., com. (quar.)
4% preferred (quar.)———i—4—A
Paramount Pictures, Inc.—
Common
(increased)
(quar.)
6%
1st preferred (quar.)_.
Park & Tilford 6% conv, pfd. (quar.)
Parker Appliance Co. (quar.)_
Parker Rust Proof Co., common
7% preferred (s-a)-,-*——
Park-Wilshire Co. (resumed)
Parker Pen Co. (quar.)——
Peabody Coal, 6%
11- 6
1
Public Service Co. of Colorado—
12-15
$7
Western
11-20
12-
'
11-18
t$iy4
—
Package
11-15
1,
————
11-14
„
Pacific Mills
12-10
_
„_—
1
$iy4
Oxford Paper, $5 preferred———
Pacific Finance Corp. (Calif.)
(year-end)
12-3
■
(quar.)—.*
(quar.)
(Montreal)—
Canada
$iy8
—
preferred (quar.)—,——
20C
of
12-15
—
preferred
(Peter), Inc.
Consol.
11-12
11-28
12-15
————
.....—
-
1%
1
12-12
50c
25c
—
Paul
11-12
1
12-
$1(4
(quar.)
——.A:
of AN. J,—7
; a
25c
.Common, (year-end)
—*tAA*A.-.AAA*:7
A" $1(4
$5 preferred (quar.).:—
...
50c
6 %
preferred (monthly) _^._A*..A.-.W-A
50c
6 %
preferred (monthly)
i**.
:
$134
7% preferred (quar.)
$2
8% preferred- (quar.)
Public Service Elec. & Gas, $5 pfd, (quar.) 'i; 7 $1(4
7% preferred (quar.)
$134
A
Puget Sound Power & Light Co.—
:/■ A •
5% "prior preference,; w..*a.*u,.*..A.*-a—.,■;
$$1(4
25C
Pullman, Inc. (quar.)...
—
$iy4
12-
$$134
common
Paymaster
11-25
12-
11-12
11-13
:
S.
11-20
12-11
12-
Public Service Co. of Indiana
7y2 c
A
—
—
U.
12- 4
11-19
11-27
$$1(4
i
41%c
(monthly)
A: 6 % preferred (monthly) ——
50c
5 8 (4 c
7% preferred (monthly)
—i
Ohio River Sand, 7 % preferred
t$l3A
Ohio Seamless Tube/ common (irregular)
$1
433Ac
$1.75 prior preference (quar.)
——
!
Oklahoma Gas & Elec. 6 % pfd. (quar.)
A $lVz
A,,."- 7% preferred (quar.)
$134
—
—
Okonite Co., 6% preferred (quar.)—
'".A $1(4"'
Omar, Inc., 6% preferred (quar.)
a a $iy2
18%C
Oneida, Ltd., com. (year-end)
7% participating preferred (quar.)
433/4c
Ontario & Quebec Ry. (s-a).
$$3
;
Otis Elevator Co., common (increased)
35c
6% preferred (quar.)
$iy2
Ottawa Light, Heat & Power com, (quar.)
15c
Pacific
1
12-1
11-21
11-16
1
12-
■
12-15
1
12-
preferred
5%
Bank
,
8
1-2
A
$iy2
(quar.)
(quar.) —
preferred (quar.)
Ohio Public Service Co.—
; VA, ■ v5%
11-25
Public Service Corp.
A
6% preferred
Ohio Power Co.,
11-20
12-1
12-
30C
$1(4
—;
——_— $1%
:' V
$l(4i
(quar.)—™L
—
Norwalk Tire & Rubber Co., 7% preferred- t$ 1,31(4
A,A;A 15C
Norwich ,' Pharmacai ■■■•—
pfd.
1
'T- %
$1(4
Public- Finance Service, $6 pfd. (quar.)
$1(4
Public Investing Co. (Phila.) orig. stock (s-a)
8(4c
■AA -Cashable stock (s-a)
—8(2c
2
(Wise.)—
7%
12-
12-10
25o
convertible preferred: C
Quarterly
1
12-11
12-
12-10
12-15
preferred
Oil
1- 2
12-15
Savings Society of Detrpit—
convertible preferred D
6 %
$1
$20c
'
5% preferred': (quar.)
Ohio
■
\AV-V;
Ltd. (interim) —
Northern Pipe Line (reduced)
Ogilvie Flour Mills, Ltd.,
12-
A
(quar.)——
(quar.)— *
Provincial
11-25
$4 preferred,,- (quar.)
-
5 %
12-10
Northern Empire Mines Co.,
Northern States Power Co.
5
1- 2
—
6%
12-
:'A 75c,
■
/Class B
Common
5(4%
12-30
.approval, of -SEC)
'.preferred (quar.),-;
5%% preferred (quar.)
——
North-American Rayon class A (year-end)—
Electric—
11-20
& Company,
Provident Loan &
to
&
11-30
12- 1
12-21
_
Co,
Northeastern Water
12-10
12- 1
pfd. (quar.)—
$1%
$1.50 class A preference..
$37(40
Portland & Ogdensburg1 Ry., guaranteed
;
25c
Potomac Electric Power, 5y2 % pfd. (quar.)
$1%
6% preferred (quar.)
—$1 Vz
Powdrell & Alexander, Inc.—
15c
Preferred Accident Insurance IN, Y.) (quar.)
20c
Prentice-Hall, Inc., common (quar.):
—
70c
$3 preferred (quar.)
75c
Pressed Steel Car, 5% 1st pfd. (quar.)—.
6y<iC
5% 2nd preferred (quar.).——62(4c
Preston East Dome Mines (quar.)————
$5c
Procter & Gamble 5% pfd. (quar.)
$iy4
capital stock, for
each 50 shares of common held)
(Subject
6%
11-10
12-29
Pollack Paper & Box Co., 1%
Poor
of Detroit Edison,
share
11-30
———
(resumed).
•
&
11-12
12-15
preferred
American
.
12-15
$1.27(4
(quar.)
60c
Newberry (J. J.) Co. common (quar.)
5 % preferred A (quar.)
$1(4
Newmont Mining Corp. ; (year-end)
62 (4c
30c
Newport Electric - Corp.———A—————.—A;
50c
Newport News Shipbuilding & Dry Dock, com.
$1(4
$5 convertible preferred (quar.)
—
$10c
Nipissing Mines, Ltd, (interim)
-—>4.
Noranda Mines, Ltd.
$$1
(quar.)—
North
1
11-21
12-15
—
75c
Elec. Lt. & Power, com.
(quar.)—
—-
York State Elec.
5.10%
1
11-30
87 (4c
A $1(4
$5 non-cum. preferred
New
12-
.
.
(accum.)
RR.
11-20
$13A
■
New Jersey Zinc Co. (irregular)
New Method Laundry, Ltd.—
Central
1
25c
common.
Tel. &
preferred
11-30
12-
tlOc
A
—
QVzr/o
12-15
25c
class A-
12-15
25c
-
A,; Class.. B -A—
i--—,:'•
7 fo \ -preferred; (quar.),—a—
;,
New England Public Service Co.—
$6 prior lien preferred (accum.)
$7 prior lien preferred (accum.)
New England
11-13
1
12-1
.
11-20
12^
$1(4
.
1
12-1
A-" $13A
——
Neiman-Marcus Co., 5 % preferred (quar.)
Neisner Brothers Inc. (quar.)———.
1
11-20
12-18
,
'
(s-a)—
11-
12-8
Ordinary registered (final)..—
A 2'/2 % 1
Piper Aircraft Corp. 60c conv, pfd, (quar,).
15c.
Pittsburgh Bessemer 81 Lake Erie RR. Co.—
6% preferred (s-a)...-..—4....—, $1(4
Pittsburgh Brewing Co. $3.50 pfd. (accum.)
$1
Pittsburgh Coke & Iron Co., $5 pid. (quar.)
$iy4
Pittsburgh Forgings Cb,-..^'.-.—...1.—.-*A.
25c
Pittsburgh & Lake Erie RR (year end)
$3(4
Pittsburgh Oil & Gas Co..^.*—'
10c
Pittsburgh Screw & Bolt..*.._.*^.A.——" 10c
Pittsburgh Steel Cb., 5 y2% prior preferred— $$4.12(4
Pittsburgh Youngstown & Ashtabula Ry.—
;
A 7 % preferred. i;quar.)
$134
Placer
Development; Ltd. (interim).
'
25c
Pleasant Valley Wine Co. (year-end).—.—
10c
Plymouth Oil Co, (quar.)....———-A....—
20c
Stock dividend (15/1000th of a share for ,
each share held)
1 (4 %
U-21
$3(4
—
preferred
7Sv
11-28
12-1
12-31
Pillsbury Flour Mills (quar:)-.....™.—.
12-
11-30
2
1
10c
12-15
75c
75C
11-18
$10c
Mines
12-12
12-12
25c
(Year-end) •
Steel Corp. ,':.(quar.) ——
(year-end)
National
Natomas
Gold
Crow
Pilgrim Exploration Cq.-.a...
National Transit Co.
12-
12-15
.
12-22
27 (4 c
Extra A----——A-;—
Nazareth Cement Co.
12-15
12-15
....
■
.
National Malleable & Steel Castings—
lc
———————
11-17
1
12-15
$m
—
"
11-30
$2 Vz
-
Middle West Corp. (year-end)——.—44——
Midland Grocery, 6% pfd. (s-a)
———
1-16
11-20
'75c'
-■
11-14
1-
1
12-15
20c
"/;,A
2-1
25C
preferred
Life
$1.20 preferred class A (quar.)_.....».A.
30c
25c
Corp. (year-end)-.
Pennsylvania-Dixie Cement Corp.-^ ,
$7 conv. pfd. series A (accum.)..
$1(4
Pennsylvania Electric Co., 5.10%. pfd. (quar.)
$1.27(4
Pennsylvania: Illuminating Corp.—6 (4c
Participating pfd, class A...™
Pennsylvania RR. (year-end).*^—
$iy2
Pennsylvania, Salt Mfg. Co.™..™..™..
.■$134'
Pennsylvania State Water, $7 pfd, (quar.)..
$l3/4
Peoples Drug Stores (irregular)
25c
;
Peoples Telephone Corp.,; 4 Vz% preferred....
A $1
Peoples Water & Gas, $6 preferred (quar.).
$1(4
Pet Milk Co. com. (quar.)*.
25c
4 (4 '"0
preferred (quar.)_i;....-_.™_.._i
$1.06(4
Petroleum & Trading Corp. class A (accum.)
45c
Pfaudler Co., 6% preferred (quar.)
$iy2
......
Phelps Dodge Corporation...—
40C
Philadelphia Co. $5 pfd. (quar,)...
$iy*
"'
$6 preferred (quar.)
$1(4
Philadelphia Germantown & Norristown RR.
'(quar.)-'—A——A.
$1(4
Philadelphia Transportation, partic. pid
61 27/100c
Philadelphia Suburban Water, com. (irreg.).
15c
..A 6% preferred (quar.)
', A: $iy2
Philco Corp.
AA'''710c
Phillips Petroleum Co. (quar,)
50c
Phillips Pump & Tank, class A..........A
2 y4o
Phillipsburg Mining 'Co,..A™..._..*_.._;
10c
Phoenix Hosiery Co,A 7 % 1st preferred-..^...
t$l3/4
Pennroad
....
11-13*
*
.
.....
11-16
1
11-30
$1
A
Nova Scotia Light & Power, 6% pfd. (quar.)
Nu-Enamel Corporation,
common——.
—
$iy*
$iy»
:
$1
(quar.)——
:
National Linen Service Corp., common v.t.c—
6%
12-
$lJ/2
v-
11-10
Northwestern Public Service, 7 % pfd. (quar.)
12-
''4 $l3/4
•
1
$13A-'
(Nashville, Tenn.)
11-14
;
&
1
12-
12-15
$3
—
National
12- 1
25c
7fife.1 preferred (quar.)——.—*.*^~A—*—*A
Metropolitan Edison Co.—
1 v;« ;
$5 preferred, (quar,)
*„*aaA*A*--m.'
$6 -preferred': (quar.) ——
—
$7 preferred (quar.)—
—
$6 prior preferred (quar.)——
$7 prior preferred (quar.)
Michigan Public Service Co. com. (quar.) —
•A 6%': preferred7 (quar.)—:
6% preferred series 1940 (quar.) —4—4
$6 junior preferred (quar,) 4—.—4—,-444
7% preferred (quar.)———444:'
Michigan Steel Tube Products (irregular) —
Mickleberry's Food Products (s-a)
National
11-12
12-
15c
50c
(quar.)^«^4—
(Del.)
Dairy Products
Erie Corp. .(initial).--,-.——
Folding Box com. (irregular)
Grocers, Ltd., $1.50 pref. (quar.)_
Gypsum Co., $4.50 pfd. (quar.)
Lead Co., 7 % pfd. A (quar.)— -i—
conv.
.
2-5-43
....
National Container Corp.
Norfolk
250
$lJ/2
Refrigeration 7% pfd. (accum.)*
Company, common—————
4(4% preferred (quar.J —
—
5»/4 % preferred (quar.) _**_———*A-*~-*a
Mergenthaler Linotype Co. (year-end) ----Merritt-Chapman & Scott 6Vz% pfd..
Metal Textile Corporation—
;
11-15
——
$$l8/«
Mengel Company, common (year end)
5% convertible 1st preferred (s-a)-i
Merck
12-17
12-1
■
12y2c
Class 'B (quar.)—
6 (4 % 1st preferred (quar.) *——_-4——7A'
Mead Corporation, common (year-end)—
$6 preferred A (quar.)$5.50 preferred B (quar.)*.*.—————AA
Melchers Distillers, 6% partic, pfd. (s-a)___
Mercantile Acceptance Corp, of California—
6% preferred (quar.)—.—.——.a——,,
6% preferred (quar.)—,——»
Mercantile-Commerce Bk. & Tr, (St. Louis)
Merchants
12-28
Extra,.,
-Glass A
New York
—
McKenzie Red Lake Gold Mines
$1(4
.
$iy8
(s-a).
--4_-—4----f-';
Electric
:
12-
7V2C
Marion Reserve Power,
Massachusetts
11-25
12-11
—
t3c
Extra.—a—**——*aa*a—*—*Aaa-.:'-;
.V
12-29
25c
Square Garden Corp.——'*—Magma Copper Co-_A—*a——*A———*—** a"
Magnet Consolidated Mines (year-end)——
Magnin (I.) & Co: (quar.)—————
Mangel Stores Corp. $5 conv. pfd. (accum.)
Mallory (P. R.) & Co. Com. (year-end)——
Manhattan Shirt Co. (quar.)—
——
r
Madison
12-18
81 (4c
'
National
6(4% preferred (quar.)
Power
'.;
11-20
12-2
12-15
1
1
11-14
l
"'iiji-15
50c
—
$1.40 class A
(quar.).
Penn Electric Switch Co.—
1- 2-43
35c 2-15-43
peninsular Telephone, common (quar,)
America—
■
National City Lines,
.
12-23
Extra
MacLaren
Extra
.
12-
$2
preferred (quar.)___„_^___.„_n.
A'
6y2'A pfd. (quar.)
Nashville, Chattanooga & St. Louis Ry.—
Irregular.
—•—
National Automotive Fibres, 6% pfd. (quar.)
National. Aviation Corp-, (year-end)
National Bearing Metals, common
National Biscuit Co., 7% pfd. (quar.)„_^_^
National Blvd. Bank of Chicago (quar.)
A ■■Quarterly
National Brush Co. (quar.)
11-20
11-20
35c
6%
11-25
11-21
12-1
50c
Nanaimo-Duncan Utilities,
12-21,
12-15
Louisville Title & .Mtge/'is-a) a_aaA'a-.a*av-AA',
Ludlow
of
12-1
$1(4
.
A•• 25o.
(year-end)———v
Mutual Chemical Co.
12-22
$1 (4
-
Louisiana Land 81 Exploration.--.
Louisville & Nashville RR.
11-20
12-31
1-1-43
20c
tvA' ; pfd...—.
Longhorn Portland Cement Co.—
6 % participating preferred (quar.) *AA-A-*.
A',- Participating; ——*a---~a———AAALord & Taylor, 8% 1st pieferred (quar,).—
11-13
f$10
(year-end)..—-a.——*AA*—-A
Lone Star Gas
Long-Bell Lumber Co.~"
■
Ctfs.'of beneficial interest 5%
11-10
11-30
Groceterias,
75c
50c
(quar.)
Line, $4 preferred A__!„^__
Muskegon Piston Ring_^_v._„_
Mutual Bank & Trust Co. (St. Louis) (quar.)
11-10
12-
Co.
Munson
11-10
12-
aa.A_A—-t-A—.
Ina——A*—25c
Lock-Joint Pipe Co., common (monthly)™
<•; $1
Common (monthly) -——-a..—*———r
$1
8% preferred (quar.)-*———*a*—**
$2
Loblaw
11-10
12-
Glass B .(quar.)A—Ar—A——
Extra
11-24
12-
a_—r:*AAA-*-r—A.*———? 12V2C ■
A A - $25c
$12'/20
•A. Extra
;
•'AA
11-24
12-10
12-
Original capital (quar,).—™—$1.10
Special guaranteed (quar.)—_—....a—**
60o
(G- C.)
Muskegon Motor Specialties, $2 class A (quar.)
Muskogee Oo.i
preferred (quar,)~-*-^-^
~
Loblaw Groceterias Co.,1 Ltd.,
Murphy
50c
$1(4
A
12-1
11-25
1
11-25
11-30
11-10
12-
12-10
11-27
1
11-10
12-
12-23
12-15
$1%
12-23
12-15
62y2c
12-31
12-15
$3
THE COMMERCIAL & FINANCIAL CHRONICLE
1946
Savannah
Electric
&
debenture
6Vi%
D
debenture
7%
7V2%
C
ofRec.
$1.62'/a
1*2-43
12-10
$l3/4
$1.87C2
B
debenture
Company,
1-2-43
1-2-43
1-2-43
12-15
12-10
12-10
12-10
Timken
Timm
25c
(quar.)
(quar.)
Extra
5 Va %
Scott
11-30
JToklan
Paper Company
Co.
&
$4(4
Seattle
Oil
Gas
Co.,
12-12
11-28"'
5%
12-12
11-28""
6%
preferred
(monthly)
$1
12-14
11-27
7%
preferred
(monthly)
12-10
2-1-43
25c
;
—
2-1-43
$l!/8
_
75c
$l'/4
$1
—
12-15
—;
(quar.)
$5
11-30
_
___
(quar.)
_
1st preferred
(initial)
12-10
12-10
$1
Toledo
Toronto
Trane
12-
4(4%
participating preference
Secord
(Laura)
Shops
Truax-Traer
5(4%
1
Shoe
Co.
1
12-
1
12-24
12-24
12-15
25c
(quar.)
5
1
(F. G.)
Shenango Valley Water,
preferred
Sherritt
6%
pfd.
Gordon
12-10
11-17
Mines
Simon,
(Wm.)
Gold
Siscoe
1
&
&
Steel
Mines,
United Chemicals,
12-
11-20
United
12-15
11-14
United
Sloan-Blabon
Southeastern
Common
1- 2
12-19
11-30
11-14
United
Illuminating
12-15
11-24
United
12-15
11-12
25c
(accum.)
"
11-30
12- 4
11-15
11-
9
12-22
12-
10c
12-
1
11-20
12-
1
11-20
11-30
11-14
5c
75c
37(4 c
(quar.)
12- 1
4
(quar.)
United
3-
1
2-15
30c
12-
1
11-15
30c
3-
(quar.)—.
30c
3-
1
2-15
U.
30c
3-
1
2-15
U.
S.
6%
2nd
preferred
(quar.)
$1(4
12-
1
11-15
6%
2nd
preferred
(quar.)
$1(4
3-
1
2-15
7%
preferred
6%
(quar.)
6%
California
preferred
Southern
6%
12- 1
12- 1
11-15
11-15
11-30
U.
12-15
U.
Pacific
Southern
Pipe
(quar.)
Co.
10c
$1
(quar.),
11-30
12-21
11-21*
50c
(resumed)
(year end).
(Dallas, Tex.)
Line
Southwestern Life Ins.
12-21
12-10
11-20*
35c 1-15-43 1-13-43
6%
convertible
preferred
(quar.)_________
$1(4
40c
Spartan
Mills
(quar.)
preferred
7%
50c
Standard
Brands
Standard
12- 1
12-10
6.4%
12-10
$5
11-28
$5
Cap &
$1(4
—
Extra
40c
Oil
Extra
of
Oil
Standard
Co.
11-16
Co.
Universal
Steel
Standard
Stoker
Spring
,12-15
11-16
12-15
11-16
12-1
Utica
11-16
Valley
12-15
11-16
12-15
12-15
11-30
11-30
Van Norman Machine Tool
1-15
12-31
Van Raalte Co.,
11-30
11-24
12-
11-24
12-
5
Ventures,
5
Vick
1
Extra
________
Mould
1st
prior pfd.
Iron
(quar>)__
______—
preferred (quar.)___
Ltd.
17(4c
11-14
Chemical
Co,
12-
12-17
12-
1
11-16*
6%
12-21
11-20
12-
7
11-23
67o
pref,
75c
12-15
preferred
Corp.,
Stationery
11-20
?
(quar.)
Union
—
Co—**___«
Telegraph
Electrical
$2
(s-a)
Ltd.—_____
Instrument-——
;
*
Products^
Chlorine
(quar.)_*
Virginia Elec. & Power, $6 pfd. (quar,)*
11-14
11-14
1
$1
12- 1
$1(4
12- 1
=$1
12-26
7%
preferred (quar.)—
$1*%
1-1-43
Whitman (Wm.), 7%. preferred (quar,)____.
$l3/4
1-1*43
Wilcox-& Gibbs Sewing Machine,.*;—_»—_
$1(4
12-16
WIlkes-Barre Lace Mfg. Co. (resumed)*—$1(4
12- 2
Williamsport Water, $6 preferred (quar,)__
$1(4
12- 1
Wilsil, Ltd. (quarterly)
t25c
1-2-43
Wisconsin Electric Power 434% pfd. (quar.)$1.18%
12-1
6% pfd. (1897 series) (quar.)*____*_—___
$1(4
2- 1
Wisconsin Gas & Elec., 4 (4 % pfd. (quar.)
$1(4 1-15-43
Wisconsin Michigan Power, 4(4% pfd. (quar.)
$1(4 ; 12-15
Wood Newspaper Machinery, prior pfd.__—
t$l%
12- 1
Woodward Governor Co.
(quar,)__—______
25c
12- 7
Woolworth (F. W.) Company~___-_
40c
12-. 1
Woolworth (F. W.), Ltd., 6% pfd. (year-end)
3%
12-" 7
Amer. deposit rets, for 6% pfd. regis.*__*
3%
12- 7
Wright Aeronautical Corp. (year-end
$8
12-14
Wright-Hargreaves Mines, Ltd. (quar.)___.
$10c
1- 2
Wrigley (Wm.) Jr. & Co., com. (monthly)*
.
25c
12-1
Wurlitzer
(Rudolph) Co., common___~_*—»
10c
11-30
Youngstown Sheet & Tube, common__.**___
50c
12-15
5(4%
preferred A
*
$1%
1-1-43
Youngstown Steel Door (resumed)*.
' 25c
12-15
11-23
(year-end)
—
preferred (quar.)—
(quar.)
Weyerhaeuser Timber
Wheeling Electric, 6%
12-15
11-12
12-12
12-12
12-12
12- 4
11-16
11-10
12-15
11-14
1-15
12-31
11-30
11-;16
1-1-43
1
•
11-30*
11-30*
12-16
<
12-15
12-19
11-25
12- 4
11-30
11-30
11-20
:^
11-20
Co-operative Mercantile Institution—
Quarterly
——60c
•Transfer books
closed
not
for
IPayable
in
dividend. '
this
funds,
Canadian
tax
a
Nom-
at the source.
Less British income tax,
Education
Education
Transacted
•
by
&
Barnes
Lofland,
Philadelphia
on
Wednesday, Nov. 18:
Shares
12-21
12-10
12- 1
11-18
12- 1
11-18
12- 2
11-13
12-10
12- 1
12-30
12-10
12- 1
11-16
2-1-43 1-16-43
5- 1-43 4-17-43
8- 2-43 7-17-43
12-21
11-30
37(4c
37(4c
37(4c
$1(4
12- •
:
Auction Sales
International
$5c
50c
:
12-15
,
International
$13A
11-26
11-20
11-20
11-44
12- 5
11-30
deductible
15%; resident tax. 2%.
8
55c
$1
$l3/4
$1
11-10
11- 4
11- 4
11-27
tOn account of accumulated dividends.
resldent tax,
16
-
11-26
-
12- 1
12-
.
__
20
,
preferred
12-i 1
12-15
11-19
11-20
11-14
Corp.—
11-25
(quar.)____
6%
&
11-20
11-20
(quar.)—
preferred (quar.)
Railway,
Trustees (Boston)
Products
12-10,
—
preferred (quar.)_
Virginian
Estate
(quar.)_
12- 1
12- 1
(interim)
12-15
1
5%
Western
12-15
12-19
$l3/a
(year-end)____—
(year end)
common
12-31
12-
1-1-43
12-19
50c
25c
Inc. (quar.)
Stix, Baer & Fuller Co. (resumed)
Stone & Webster, Inc.
(year-end)
Western Auto Supply Co.
11-13
Works
75c
40c
$1(4
__________
Drug,
11-14
25c
12-29
12-10
11-21
12-21
(quar.)_—
Vapor Car Heating Co., 7%
Stecher-Traung Lithograph, 5% pfd. (quar.)
12- 1
15C
25c
1
Iron common_________~—.
&
preferred
prior
Dorn
7%
$1(4
Paper—
&
1-1-43
12-19
12-10
1-1-43
Vanadium-Alloys Steel Co
12-15
Knitting Co., 5%
Pulp
50c
(year-end)
Utah-Wyoming Cons. Oil
Van
11-14
Coke___:
Coal &
75c
30c
(4c
62(40
Upson-Walton Co.
12-15
Virginia
°
—
40c
Co._
(quar.)——______________
•
Co._____
(quar.)
12-15
Btandard Wholesale Phosphate & Acid Works
Sterling
Insurance
50c
(year-end)
>
Upper Michigan Power & Light—
11-16
preferred
Virginia
West
12- 1
11-20
1-4-43
12-10
4-1-43 3-10-43
1-4-43
12-10
1-4-43
11-10
10c
11-19
12-24
37(4c
(quar.)
12- 1
12- 1
special
West
11-16
12- 1
12-1
12-15
12-31
1- 2
(quar,)__*__—______—$ 1 %
$iy4
common
(resumed)
common
1
$5.50
$1
37 (46
& Seashore RR. Co.—
guaranteed (s-a)__w_——i—
West Michigan Steel Foundry—
7% preferred (quar.)
,11-10
12-21
12-12
1-10-43
Wallpaper Factories—
50c
preferred (quar.)—,
Standard
Inc.
—________
25c
(Ohio),
6%
40c
12-10
11-25
40c 3-10-43 2-25-43
40c 6-10-43 5-25-43
$1(4 1-15-43
1-2-43
$1(4 4-15-43
4-2-43
$1(4 7-15-43
7-2-43
15c
12- 3
11-16
___________—______
75c
Oil
West Jersey
Zion's
(quar.)________
25c
—,
11-21
11-14
2-13-43
5-14-43
8-15-43
11-16
11-10
40c
433/4c
$1
50c
Kentucky (quar.)
(N. J.) (s-a)
preferred (quar.)
preferred (quar.)
(quar.)
11-27
(year-end)__-__-__
preferred (quar.)
(quar.)
prior preferred
6%
11-20
12-21
$l3/4
11-30
$13A 2-27-43
—$l3/4 5-29-43
$1% 8-31-43
10c
12-1
—___*
12-
12-18
12-15
12-28
12-
11-30
—25c
Co._
11-14
35c
12-10
12-15
"
12-19
12-10
$4
United Stockyards Corp.,
6%
11-25
1- 2
50c
t$3
25c
Extra
5%
12-1
12-15
,50c
,
Weston
———
25c
_
Standard
12* 1
$1(4
(quar.)__
11-25
25c
_______
45c
40c
t$l3A
_______
Standard
12-15
pfd.
11-14
12-10
S4
50c
,,
Corp., common____
(quar.)
preferred
preferred
United
Seal Corp.—
$1.60 conv,
preferred
(quar.)_
Standard Dredging, $1.60 conv. pfd. (quar.)
Standard National Corp. 7%
pfd
Standard Oil Co. (California) (year-end)—
Standard Oil Co. (Indiana)
(quar.) ________
11-30
Wellman- Engineering Co
Wesson Oil & Snowdrift, $4 conv. pfd.. (quar.)
West Coast Telephone, 6% pfd. (quar.)
Sugar Corp.—
$5 preferred
11-24
1-
:
participating conv. pfd. A (quar.)-—
participating conv. pfd. A (quar.)___
participating conv. pfd. A (quar.)—
6.4%
6.4%
$9
22(4c
50c
$6
com.
common——.
7%
7%
11-14
11-14
11-14
12- 1
12- I
11-30
,
ownership of
(quar.)
preferred
„12- 1
1-2-43
12-15
12-15
12- 1
$l3/4
$8
.
com.
Steel
States
1
12-21
63(4c
(quar.)—__
preferred (quar.)
Co,
United States
12-31
Juice,
,
$1(4
$2.(4
$1(4
50c
Westinghouse Air Brake Co
25c
Westmoreland Coal Co.___—$1
(irregular)___
1st preferred
non-cumulative
12-10
Products
Screw
Grape
preferred
7%
75c
-
Company___„________________
7%
Co.—
Tobacco
S.
7%
United
12- 5
$3(4
,
$4.50
Rubber
11-25
2
12-21
$1(4
(s-a)
U.
beneficial
Water Power
Wayne Pump
Wayne
(quar.)
1-2-43
12- 1
1-2-43
12-10
50c
—_—
non-cum.
11-21
1-
50c
Standard Accident Insurance Co.
12- 5
;<
(quar.)_^__.____-
Playing Card Co. (quar.)
U. S. Printing & Lithograph—
6% convertible preferred A
1
12-15
12-21
$1(4
(quar.)
preferred
12-
11-14
;___L
units
Washington
"
S.
S.
11-13
11-14
12-1
$50c
50c
$l3/4
•
12-10
$1(4
Square D Company com. (quar.)———
5 % preferred (quar.) _______
______
Staley (A. E.) Mfg. Co. common (year-end)$5
12-15
$2
Partic.
12- 8
(Phila.)—
Pipe & Foundry Co.
8%
Spencer Kellogg & Sons (reduced)____
Spiegel, Inc., $4.50 conv. preferred (quar.)_
Society
—
Extra
U.
(quar,)
Steel
25c
$8' preferred
Sparks-Withington Co.—
12- 1
12- 1
Tablet
22(4c
•
-
(resumed)
Loan
S.
pfd.___
Whitaker. Paper Co., common
(quar,)___—________
(clears all arrears)
$1
Sovereign Investors
Southern
prior preference
prior preference
31'Ac
37(4c
12-15
$1
Foundry & Pipe
$3.85
Western
50c
25c
7%
(quar.)
pfd.
pfd.
50c
t98(4c
50c
,
Pictures Inc.
Western Real
25c
Class A
(accum.)
5%
11-10
11-19
50c
-
,
—
11-19
Water
12> 4
12-18
Western
53c
preferred (quar.)__
;
Machinery—
(resumed) _________
Leather Co., class A (resumed)
S.
12-3
12-15
12-31
12-15
11-16
12-15
11-16
12-15
11-25
58(40
58V3C
(quar.)_--*-,—_____
7%
(quar.)—
Power, 7 %
(year-end)
com.
11-19
U.
30c
30c
•
11-16
$2(4
11-30
11-20
?3C
(irregular)
Common
11-30
11-30
12-15
12- 1
1-2-43
7(4 %
11-30
12-15
11-20
(interim).
(Northam), Corp., $3 pfd.
Washington Railway & Electric—•
5%
preferred (quar.)
5%
preferred (s-a)_____
—-4v
530^1(2-1
(interim) _____
(quar.)
50c
Ltd.—
Ltd.
common
Mills
Westvaco
$1(4
(quar.)—*:
11-20
12-15
12- 1
.12-14
1- 2
12- 1
12- 1
12- 1
50c
50c
•
Canal
&
Co.
Graphite
S.
37(40
California
preferred
Southern Colorado
U.
12-15
(s-a)*
Warren
Ltd.—
11-30
11-19
r
.
Extra
,
11-20
11-14
11-17
J25c
Brothers
Welch
11-20
11-J.6
t$l
Brewery,
preferred
Wamsutta
S. Hoffmann
(quar.)________________
B
RR.
Gypsum Co.
7%
U.
Gooderham & Worts, Ltd.—
Warren
,
(s-a)_______—_
$1%
,
Edison,
—
Common
preferred (quar.)____—
Southern
2-15
& Paper—
convertible preferred
$2
—'
J.
N.
S.
(quar.)
—
-
Casualty Co. (N. Y.)—
45c convertible preferred (s-a):
preferred
J10c
(quari).
Warner
S.
preferred
Bag
Mfrs.
&
Ordinary registered
U.
convertible
1
Co.____u—
Molasses Co.,
United
11-16
40c
$1(4
t$l(4
12- 1
12- 1
12-10
12-19
12-15
12-1
31 V4c
(quar.)
Walworth Company,
11-10
12-3
11- 6
12- 5
12-21
12-1
12-23
12-23
12-30
12-28
12-1
20c
Co.
25c
Merchants
United
convertible
—
:
Extra
11-15
37 (4c
i,
(quar.)_
___
(Del.)—
6% prior preferred (monthly)
6% prior preferred (monthly)___________
6.36% prior preferred (monthly)-.
»_
6.36% prior preferred (monthly)
7% prior preferred (monthly)—
7% prior preferred (monthly)_____
11-16
12-15
1
$1%
_'
________
preferred
preferred
12-
12-14
$3
.
._
1
Light & Railways Co.
6%
Advance
__
11-14
7%
6%
Southern
—__
12-31
25c
class A
—
non-cumulative
1
(year-end)
1
75c
—,
Gc/o
(quar.)
$7 preferred
Corp. com.
$l(4c
(quar.)——:
Greyhound Lines, com.
(quar.)
Corp.
Elec.
&
12-
Walkerville
6%
12-, 1
12-15
(quar.)
$1 preferred
ofRec.
.12-15
60c
$2.50 class A„___L
(Hiram)
Common
12- 1
12-1
11-16
11-27
11-16
11-16
11-16
11-14
11-14
12- 1
12- 1
12-24
12- 1
12-
(quar.)
non-cumulative
Elastic
Gas
preferred
Walker
11-20
11-20
11-20
11-26
11-24
11-27
11-30
12-1
12- 5
12-18
12-1*
12-1
12- 1
11-16
12-18
75c
30c
t$23/4
$1
t$1.17
10c
$1(4
t5c
50c
1-15-43
—
Works
6%
75c
—_
(quar.)
preferred
United Gas Improvement, common_____
$5 preferred
(quar.)
United Gold Equities (Canada)
(s-a)__-—_
—
—.
Lathe
$1(4
;
Inc., $3 pfd.
60c
_
Chain Stores, common**—,;
preferred (quar.) —
Bend
common
f30c
„
partic. ctfs.*—
6%
Corp.,
Packing Corp.
Sonotone Corporation
South
+$1%
J5c
(year-end)
Ltd.
(irregular)
Snider
7%
(quar.)
B'way Bldg. Co.
!
•
2c
(interim)
(interim)______
Co.
(quar.)_
(s-a)
United Carbon Co
1
1
4(4%
noiaer«
50C
(quar.)_
Vultee Aircraft, $1.25 conv. pfd.
(quar.)_
Wftite Amulet Mines Ltd. (interim)________
Walgren Company, oommon tquar.)-^
12- 1
12- 1
12-15
12- 1
11-30
11-30
12-1
,12-1
(quar.)
(quar)
(quar.)
1212-
$10
$2
$1(4
25c
27 (4c
40c
40c
25c
com.
class A
America,
United Gas Corp.,
(quar.)
Brewery
Skelly Oil Co.
Sontag
Biscuit of
preferred
5%
Inc.,
Corp.,
•
iquar.)
(s-a)——
12-21
Co.
AAA
(Quebec)
Slmonds Saw
Sixth
United
B
■
(extra)—
convertible preferred
Class
;
Products,
Amusement
United
50c
$1
20c
30c
60c
common—————A
convertible preferred
Aircraft
$1%
,
(irregular)-
$1(4
Mines, Ltd.
preferred
Sigma
(Pittsburgh)
12-21
$ 1 (4'
(quar.)
(quar.)
Sherwin-Williams
5%
Co,
Co.
10c
Sherwin-Williams of Canada—
7%
Car
5(4%
.12-15
15c
—.
(quar.)
Co.
Extra
—
—
Aircraft Corp.,
United
20c
,
Co.
40c
Bhattuck
,
Corp.
Tank
12-15
1-
———_
(quar.)_—
Trust
5%
11-12
1
30c
__________
1
1-
(s-a)
Union
11-25
12-15
12-
$3
—
(quar.)
Payable
Co., common
preferred (quar.)
Vogt Manufacturing
11-16
11-20
12-1
12- 1
12- 1
12- 7
12- 1
12- 7
12-15
12-10
12-15
1- 2
12-15.
12-15
12-10
12-1
12-15
12-15
41%c
50c
58(4c
*66c
,$1(4
30c
$l3/4
com.———
Salle Street
La
Sugar
United
11-25
11-25
25c
'
—
pfd. (s-a)
6%
convertible preferred
(s-a)
Sharp & Dohme, Inc. (irregular)
6%
Gas,
12-15
25c
___
(quar.)
12-
22c
—
pfd.
J—
1st pfd. (quar.)
(initial)-——.—___
Union
11-30 •
_
B
Inc.
,
12-10
12-10'
75c
——
(increased)-^—
Shamrock Oil &
11-16
11-14
37 (4 C
10c
class A
Corp.
Class
Bervel,
12-
$20c
(quar.)
preferred (quar.)-!
Brothers, Inc._~-.~i..
Serrick
tlOc
Coal
________
(quar.)_,—
Underwood Elliott Fisher Co. (year-end)——
Union Investment Co. (year-end) ———
Union
Seeman
Selby
/
—
Co.
preferred
South
208
(quar.)—
(quar.)
6%.
Oil
Troy & Greenbush Assn.-
Corp.—•
Acceptance
Common
6%
Candy
5(4 %
Elevators,
Company
Transwestern
1
12-15
vv ntn
snare
Company
Pump
$2.40
Walker & Co.,
(monthly)
preferred
11-12
12-
——,
.
Viking
11-25
11-25
11-20
Co.—
Edison
11-12
1-20-43*
1-20-43*
Second Canadian International Investment—
Securities
60c
5c
——
(s.-a.)
11-30
12-15
a.
—
(quar.)
(Del.)
Class B
25c
3c
__
Louis)—
(St.
Corp.
Royalty class A (s.-a.)
15c
—_.a
Co.
Corporation
Insurance
45c
(quar.)_
preferred
Seaboard
Aircraft
Title
Per
Name of
of Rec.
12-15
12-15
12- 5
12- 1
11-30
12-15
10c
35c
75c
end)
(year
12-15
_
(year-end)
——
preferred
Bearing
50c
(quar.)
—
Roebuck
$4
*
Roller
Holders
Payable
share
Roofing Co., common (reduced)
convertible preferred (quar.)
$1%
4.^..
(quar.)_:
Extra
Extra
$2
(quar.)——,—
——
preferred
Scran ton Lace Co.
Bears
—
(quar.)
common
of Company
$1.40
Tilo
Power—
(quar.)
debenture A
8%
Schiff
Name
Payable
share
When
Per
Holders
When
Per
Name ot Company
Monday, November 30, 1942
;
;
.
Reynolds
:
.
S per Share
STOCKS
-
Realization
Corp., "B" Vtc*_*_*__-*~__.~
Publishing Company, pfd
Publishing
Company,
Utilities. Shares
Tennocar
y.
com
(par $100)
Company
$1.00.1ot
1.00 lot
1.00 lot
Corp.
Power
30-Seaboard
100
,
50.00 lot
Bldg. Corp., common****Coal Corp., preferred*—****__
cooperative capital_____**_*__—
11.00. lot
capital-*-*.-—*********National Public Service Corp., cum. conv. pfd., with
1.00-Iot
Broadway-Spring
1,705
200
Virginia
203
Alden
169
Bacheller-Bonties
25
Arcade
Kentucky
Park
warrant
Corp.,
for
25
Corp.,
shares
"B"
1.00.lot
common—
Per Cent
Bonds
Suburban Co., Ardmore, Pa„ 5s, 1943 Reg.—___**___
$2,424
3
55C
$1.00.1ot
Strawbridge & Clothier—
6%
(quar.)—!
prior preferred A
$1(4
Sun Oil Co.
(quar.)—
Sunray Oil Corp., common
Stock
Sunshine
$20c
;—___________
25c
5c
Oil
Corp,
&
Swift
International
Co.
(quar.)
6(4%
preferred
Sylvania
Co.,
pfd.
Extra
5(4%
pref.
Texas
Company
Gulf
Ltd.
12-15
1
12-
Co.
12-
1
11-30
11-30
12-21
11-19
11-19
1-15
12-15
25c
12-30
12-15
$iy4
l
1
12-17
12-26
12-14
10c
(quar.)_
2-
12-
10c
12-26
12-14
25c
pfd.
1-2-43
12-30
68%c
1-
1
12-15
12-16
11-25
$l3/4
12-
1
ll-io
50c
(resumed)
(quar.)
1-
2
12-
50c
"■
12-15
$1
4
12-
1
12-15
12-
1
12-15
12-
1
(year
10c
12-
1
11-10
10c
(year end)
12-
1
11-10
$10
12-12
11-21
end)
10c
12-12
11-21
(year-end)
(quar.)____
30c
12-15
12- 3
com.
$5 convertible preferred
Tide Water Associated Oil
BY
FEDERAL
_
RESERVE BANK TO TREASURY UNDER TARIFF ACT OF
20 TO NOV.
1942, INCLUSIVE
26,
•'
"
:
'
common
(quar.)
(quar.)
(year-end)—.
75c
12-15
12-
3
25c
12-15
12-
1
$1(4
1-1-4S
12-15
15c
12-
1
11-10
75c
12-10
.12- 4
.
Official—,
-V
Free—
.
$
Nov. 25
$
$
.297733*
.297733*
Holiday
(237044*
.237044*
.237044*
$:
•
".297733*/
.237044*',
.237044*
*
Nov. 24
:297733*
Nov. 23
Nov/21
.297733*
;
—
.
r
Australia, pound—
:_*_,
3.228000
—
Free_.
3.228000
3.228000
3,228000
3.215033
2:215033
3.215033
.060800*
.051525*
.051525*
.909090
,909090
.882187
.060600*
—
*
.060600*
.060600*
.051525*
.882109
Official
-
.
Canada, dollar—
Official
Free
—
peso—*
.909090
.909090
.881875
.882421
Official——.
—
4.035000
—
4.035000
4.035000
4.035000
4.035000
4.035000
.301215
41035000 "*
4.035000
.301215
.30)215
.205725
.205725
.205725
'
*
India
V- M.
-b.
_
.301215
.301215
.205725
(British), rupee
Mexico, peso
.205725
.570100*
4.035000
'
4.035000
<
*
.051525*
.570100*
England, pound sterlingFree
'.060600*
(570100*
.909090
.570100*
*
*
•
.051525*
.881484
'
•
Colombia,
'
3,215033
Brazil, cruzeiro—
Free*
Nov. 26
3.228000,
3.215033
Official
;
-
Value, in United States Money
'
Argentina, peso—
1930
~
Rate for Cable Transfers in New York
Noon Buying
11-15
J3c
(quar.)
$3 preferred
Thompson Products, Inc.,
CERTIFIED
Country and Monetary Unit
1
25c
________
(quar.)
Texas Pacific Coal & Oil
Extra,
Subsidiary shares
RATES
NOV.
11-13
1-
25c
Ry.
EXCHANGE
11-28
12-1
25C
_______
(quar.)
__________
Texas Pacific Land Trust
Time, Inc.
11-28
25c
Extra
Texas & Pacific
Thermoid
12-15
FOREIGN
•
(quar.)__
Sulphur
11-21
$iy4
Tennessee Corporation
Terre Haute Water Works, 7%
Texas
10-15
Bank is now cerfor cable transfers in the different countries of,the
522 of the Tariff Act of 1930, the Federal Reserve
tifying daily to the Secretary of the Treasury the buying rate
world.
We give below a record for the week just passed:
Nov. 20
—
partic.
10-15
1
12-23
50c
Tacony-Palmyra Bridge com. (quar.)
class A
(quar.)
5% preferred (quar.)
Talcott (James), Inc., com. (quar.)—
Extra
Foreign Exchange Rates
Ltd.—
___________
Mines
1
12-
30c
(quar.)
—
Gold
12-
5c
(quar.)
(quar.)
Industrial
Sylvanite
11-16
11-25
37(4c
___________
6%
___—
Deposit receipts (quar.)
;
Sycamore-Hammond Realty—»
•
1
12-15
15c
—
(quar.)
Swift
12-
30c
(quar.)
__________—
Swan-Finch
11-20
5%
Co.
Sutherland Paper
Extra
11-15
12- 1
Pursuant to the requirements of Section
dividend
Mining
12-1
$1%
Stromberg-Carlson Tel. Mfg.—
6(4% preferred (quar.)—______________
Stuart (D. A.) Oil Co., Ltd.—• "
Class A participating preferred
(quar.)__
Newfoundland, dollar-
.909090
Holiday
.909090
Official-.
.909090
.909090
.909090
Free—
.879583
.879791
.879166
.879791
.880000
3.227833
3.980000
New Zealand, pound—
Union of South Africa,
„
3.227833
pound.
3.227833
3.227833
3.227833
3.980000
3.980000
3.980000
3.980000
Uruguay, peso—
Controlled—
*
Noncontrolled
♦Nominal
rate.
.658300*
.658300*
.658300*
.658300*
.668300*
.527340*
.527200*
.527340*
.527340*
.527340*
Holiday
,
Volume
General
RAILROAD
Abbott Laboratories—10-Cent
An
dividend
extra
dividend
of
40
of
cents
10
cents
PUBLIC UTILITY
-
declared
the
on ;
of
payable
both
cents-
25
two
156,
1856.
p.
:
President,
-Henry K, Smith,
blocks of
•You
Feb.
informed on
were
1942,
24,
were
of
Dec; *20,
-
6%
' "'y'
Record Date
: Jun 15, 1940
:
'%.^28^/^Decr 13, 1940
•
4, 1940—$0.15
M
.15 >
'
-
..15
was
the
will
1942
year
"
.
Dec
while
Nov
•
Dec
>
23, 1941
7, 1941
directors on Nov.
declared
24
5.
Dec,
Like
amount
$6 on .both classes
was
both
paid
$4.50
.
ICC
The
authorized
16
Nov.
on
with
"The
bond
and
the
retire
to
series
1, ,1942,
published
,
to
company
bonds
bids
in
companies,
of
total
a
invitations.
141
Net operating
pub¬
—V.
156,;
1570.
p,
v.//,-•■
dividend
A
of
10
Dec.
holders
to
72,561
$1,668,948
$914,602
$548,220
1
and
/'":.
80,024
19,329
31,231
85,000
44,000
$471,727/"' /: $422,734
221,062
...1.. 1 - ■ > $1.91
$273,084
$202,455
221,062
221,062
42,539
:
charges —Ill".. '
'. 21,682
income
taxes.. / *1,140,000
78,880
.
outstdg
shares
_;_r_
Earnings ;per ; share....
30,
Sept.
of
profits
*.
provided
.
-•
win
the
and
which is
the
war,
service
our
vital
Commission
the
I fail
long
in
seeking
to
.
rates,
reduce
to see how by any stretch of
distance rates will help win
feels, it must resist a reduction in spite
rate case would require the time of many people
needed
to carry on telephone service
in these
that
a
.' /;
,
///%
/-''': /". '■
'///
,./■
/ ,'
/;,
Long Lines earnings, the Commission's figures are misleading
they do not include all taxes.
Our earnings as a whole,
to
Inc.—Output—
electric energy of the electric properties of this company
ended Nov. 21, 1942, totaled 77,250,000 kwh., an increase
week
of
the
over
65,656,100
of
output
for
kwh.
table
weekly output of electric
of
1942
1941
67,999,000
58,570,000
75,731,000
7~:
14
69,808,000
58,153,000
58,981,000
74,865,000
69,502,000
77,250,000
—
21_i_-.
-
for the last
*65,656,000
national
♦Includes
1938
44,293,000
44,359,000
1939
54,923,000
55,518,000
54,914,000
54,011,000
1940
74,554,000
Nov.
energy
follows:
Oct.
Nov.
the corresponding
1941.
years
>
/
59,261,000
p. 1857.
45,582,000
43,863,000
156,
holiday.—V.
;
has
corporation
filed
shares
182,000
a
4%
of
registration statement with the SEC
preferred cumulative non-voting stock
The stock is to be offered to the public at $5.50 per share.
The date of the proposed public offering is given as Dec. 1.
• " "••'"■/
There
are
no
underwriters.
The securities will be sold through
/
,
Ampal-Amcrican Palestine Corp.—Registers With SEC
The
$5).
(par
Sheet, Sept. 30
Comparative Consolidated Balance
to
is
reduction
urgently
times.
covering
and 90%
by the Revenue Act of 1942, i.e., 40% normal and surtax/
excess profits
tax less deduction for post-war credit.
/ /
,
./■ ' .-'v
c'
therefore,
"Week Ended—
ended
Federal income taxes for the nine months
has been estimated on the basis of the rates
1942,
%•'■./.
$0.91
$1.24
: /
Note—Provision for
why
„
fact
Nov.
profit
Net
Nov. 21 said:
the Federal Communications
contemplating a drastic rate
circumstances it would seem to make no
with
comes
a
company,
17.66%
five
*430,000
35,539
:
order-
an
just the opposite.
/Comparative
75,060
> 40,299
-.
at
/'}"-/%/ //..//.■■•••-V////•/, /-, '■
now
do
are
week
; 1 :
/♦Including $980,000 in ,1942 and $240,000 in 1941 for excess
/
V.V/V'.'"
will
the
of
,.
hearing
a
American Water Works & Electric Co.,
/
/
——%
the
thing
interfere
imagination
for the
-
:
at
including long distance business, are substantially lower than last
year, and are short of the dividend which we have paid for the last 22
■years."—V. 156, p. 1857. \/.:%;V%
-,';/
■■/'/;'
por¬
in conred. of
;
Commission's
the
war.
"As
$361,814
$475,659.:
earnings-will Increase
current
/,
understand
1
will
"The
$283,694
78,120
unamort.
notes
Com,
record . Dec. 4.
This is the
oply^dividend this year*
distributions of J25 cents , each were made
on' April 30, July 29, Oct. 7 and Dec, 30, 1941.—V. 156, p. 1463.
"i
payable
stock,
86,164
that
answer
appear
such
under
:/-.
because
1,091,864
153,041
161,878
$828,438
with
Federal
declared ,on the common :
has been
75 cents per share
■•.**
the
the
who
113,021
exps.
Sundry
•/'%••-/>%:
■
Inc.—75-Cent Dividend—
Allen Industries,
.
to
;
important
critical
profit—'. $1,555,927
Interest '■
3.3357#."
the applicant would be approximately
interest cost to
which
1939
$5,820,358
4,291,760
to
issued
because
distance,
the common
1940
$6,388,937
4,687,997
1.063,404
1,047,213V-rl,102,551
167,272 .
161,082
income.
.
of
6%
in,
received
It
8,399,801
,
nection
tion
bids
representing 39
firms - and corporations,
the
highest bid, that of Salomon Brothers & Hutzleiv representing them¬
selves and six other companies,
being 98,577%/ and accrued: interest J
from Nov,;. 1, 1942,. This bid was accepted. . On this basis the average
annual
sales_-i-^-iiI'%
,J» Total
three
response
on
difficult
has
Output of
1,. 1943,,
four
i 1941
$7,613,252
5,461,181
1942
1- $11,170,213
admin. :exps;^^_
&
Prem.j &
for
share has been declared
per
/Otfier1 income
invitations ;tO .bid .for .purchase of the , new /
investment firms and corporations, 14 banks and
110
insurance
advertisement
an
cents
10
Depreciation
$9,500,000
wilt mature Dec.
which
of
sales
of
Cost
;
issue
Corp. of Delaware—10-Cent Div.
par
no
Gross
be , sold at 98.577 and •
proceeds,used, together »
A,: to
the
and
Arrearages,
9 Mos. End. Sept. 30—
.
sent,
also
to
issue
bonds,
-
Nov.
1942,
and
to
Gifford. President, in a statement released on
ic
program
effort.-
of
of the Commission states in parts
applicant
lications
17
from
treasury funds,
The report
•
3 V\ %
mortgage
interest
20,
June
order,
high.
Commission's
to the war
'/•'•■
"With our lines overloaded, we are having a hard time to handle
the calls we have now and we can't get the materials to handle more—
neither is there; man-power to spare to handle more.
At the urgent
request of the Board of War Communications, we are spending millions
of dollars in advertising to get the public to reduce its use of long
/"The
10 to holders of record
made on Sept. 21; last,
one payment of $1.75 per //
were
:) American Seating Co. (& Subs.)—Earnings—
.
.
first
accrued
;
dividend
Sell.
•
accumulations of $3.25 per share
,
1941, and $3 on June 27,
Authorized^-*"
and
20
the
required
1942,
:/'•/■•■%
sense.,,
value, payable Dec. 15 to holders of record Nov. 30.
This compares with 15 cents paid on Oct. 20, last, and 12 cents each :
on June 16 and Dec.
29, 1941.—V. 156, p. 1145.
;•
• /
payable; Dec; .24 to holders of
June 26, last, as compared '
23,
made.
American 'Seal-Kap
A
on
of stock an Dec.
find
reduction
share and
made.
stocky
share on
per
was
in
remain
is
1,
Commission
.
-totherecipient.-C-
dividend of
a
dividend of $1.75 per
a
'Nov.
on
and other charges
Proposed Reduction in Rates Protested—
stock, both payable Dec.
March
both
on
declared
19
Dec.
Walter S.
•
In .each quarter during 1941 disbursements of $1.75
after payment of the current dividends,
will, amount ,to $40.25 per share.—V. 156, p. .952, 747.
1941.
of
•
payable Dec. 19 to holders of
which was also 50 cents per
1940,.-the first since 1938.—V. 156,
distributions of $1.75 each
were
each
1463,
Bonds
Dividend—
stock,
dividend, on account of
Two
30.
share
Dec 20, 1940 >
12, 1941
non-taxable
100%
be
ordinary and preferred stocks,
with
'/'•/"' // ".
share on the
ordered
Commission
why its toll rates
reduced.
cause
order on or
the Offices of
the
Commission in Washington,
D. C., on Dec. 16, 1942.
At this
hearing the testimony will cover not only rates but all
charges.
classifications, practices and regulations in connection with the com¬
munication service rendered by the Long Lines Department.
After the adoption of a comparable order of investigation in 1941,
negotiations by the FCC and the Bell System ensued which resulted
in an
agreement without the necessity of a hearing, reducing long¬
distance
telephone calls by approximately $14,000,000 annually.
last/ while on 1
the first since '
made,
out
event,
company
before
Public Service Co.—Accumulated Dividend
7%. preferred
the
on
Jun 27, 1941 •
16, 1941 .
Oct: 31, 1941,
] Alabama Great Southern; RR.—$4.50 -Dividends—
the
Distributions
15,
Oct.
was
Communications
show
substantially
pointed
in any
The
•/
an'additional
Nov.
the- present
record
and
is
or,
payment,
March >15,
on
1.
record Dec.
20
it
capital stock,
dividend of 50 cents per
a
previous
directors on Nov.
The
"
The
made
/ American
belief of the management of this company that ":
for Federal income tax purposes' dividend distributions to stockholders,
/
The
1,
the
on
"I
Jun 26. 1940 '
Jun
.30
Dec; ' 2, 1941_—1/ /
156, p.
April
on
1857.
p.
% Date Paid
'Amt. per Share
Oct., ,21. 1941—
V.
of
of $2 per share
1012.
//'./'•:
preferred
tton'-cumulative
share,
"iUin.•
1941 were as follows:
and
!;3;.
June: 3,
during
-
Therefore,
Dec.
is
p.
declared
have
directors
Dec.
during
"Date Declared—^
It
made
were
156,
holders
to
payment
a
1936.—V.
record
if you Included dividends received from this
the years 1940 and 1941 in your income for Federal ;;
tax purposes,- you may -wish to file an appropriate claim for refund ».'■
"(Treasury Department Form No. 843)
with the. proper Collector of
Internal Revenue.
Dividends- declared :, by . the company during the ;,:
June
1941,
21
Dec.
each
cents
1,
The
-
1940
be
Federal
company
be
not
Company figures as to net operating income of the Long Lines
Department for the nine months ended Sept. 30, 1942, on an annual
basis, indicate, according to the Commission, excess earnings ranging
from
$47,000,000 to $62,000,000, depending on what rate of return
and what Federal income tax rates are allowable.
There is indication,
the
County—$1 Dividend
been declared
per .share-has
$1
:/>; American Ice Co.—Resumes Preferred
1942, stated that the final audit of the company's 1940 and 1941 income
returns discloses dividends paid during these
years to be
100%
non-taxable.
years
would
stock
;
be
tax
company
50
May
distributions out of surplus accumulated prior to Mar. 1,
should
whose
the
the
should
Central States.—V. 156, p. 246.
Coal Co. of Allegany
of
payable
$25,
par
applied in reduction of the cost or other tax basis of /
the stock-with respect to which the distributions were made.
:
. . .
A communication from the U. S. Treasury Department dated Nov. 12, •.
and
dividend
A
taxable dividends to the recipient stockholders,
1913,"
constitute ordinary
but
corporation,
holding
utilities
by American Cities and half by
that
21
out¬
powerful
owned half
of
new
pared by this company indicated that, for Federal income tax purposes,
dividend distributions made to stockholders during the year 1941 did
not
72%
stock—representing
\
that tentative calculations pre-t
;
said:
sell
Blue Ridge
MISCELLANEOUS
-
surtaxes,
Central
which
by
States,
shares of Blue Ridge Corp. common if
its 3,156,963 shares of Blue Ridge.
The
v
in a letter to the stockholders,
1;
'•
%/%
Nov. 23,
Central
of
estate
2,356,648
would
Cities
large
American
;
it
standing common—would then be used as capitalization for a
Express Co.—Dividends Non-Taxable—
Adams
•
the
to
sell
INSURANCE
-
•
Dec.
disbursed.—V.
was
might
American
common
24 to holders of record Dec; 4.- Extras ,of
10 cents each were also paid on March 31 and June .30, last, and on
March 31, June 30 and Sept. 30, 1941, while on Dec. 24, 1941, an extra
stock,
INDUSTRIAL
-
Cities
American
States
regular quarterly,
and the
been
have
share
per
Corporation and Investment News
Extra Dividend—
share
per
1947
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4129
156
efforts
the
of
employees of
and
directors
the
the issuer.
'
Aluminum
Case—
Decide
of
Co.
'
Court
America—Supreme
"
'
Cannot
/:
Assets— '
:
•
Cash
is
Court
of lack
unable
of
to
of
a quorum
decide
the
six
case.:
justices,
in-
which
Justice
Supreme
S.
the; U.
.
the
holding
accusations,
-
had
Department
Justice
*
,
,
failed
to
-
r„-.t
,
'
,
;
78,098
2,596.523
15,293
2,570,627..
,
—__
Land, buildings, machinery & equipment (less1
depreciation reserve)
Prepaid and deferred expenses_^l..i.^__._^_._
Miscellaneous investments (less reserves)_..i..
2,702,861 ?
98,777
2,756.968
76,739
.
by Federal Judge Francis G. Caffey after the/
longest trial in history—lasting 26 months.
Ten days were required
for the Judge to deliver an oral opinion.
•%///-.- /■„/•-r%-';.vv/"- ///v/%;///;/;%;':
Unless some way out of the situation is arranged the court will be. •
Liabilitiesunable to pass on the case until one.of the present disqualified justices
leaves the bench and a successor -is appointed,-rW. .156, p. 1856,
Notes payable'
was given
The ruling
$483,189
$836,066 :,
•
■
2,763,426
......—17.429
2,287,630
(less reserve)
receivable
Inventories:
its
prove
,>■
Other receivables
.
York
accounts
Customer
the company with violation of the Sherman Anti-Trust Act*
by possessing a monopoly in production and sale of aluminum. />/;./
This leaves in effect a decision of the Federal District Court at
charges
New
,;//,
V
Cash
Department
-
1941
1942
S.. Treasury tax anticipation notes—
500,000
surrender value (life insurance)82,619
U.
Because
/
}
"
'
*
1
1
.
$9,320,879
$100,000
from
Net
ry.
"Accounts
Alpha Portland
Cement Co.—75-Cent Dividend—!
Accrued
1
Net
year-end
of
common
—V.
$125.—V^156, p. 307.
•
.
. ■
,
Deierred
* ;
.
i
American Chain & Cable Co., Inc.—50-Cent Dividend
758,734
-
758,734
1,732,605
156, p. 598.
$8,545,362
1937
1,
'
1,489,643
$9,320,879
Jan.
Total
—V.
A dividend of 50 cents, per share has been declared on the common;
stock, payable Dec. 15 to holders of. record Dec. 2.
Distributions of .
like amount were made on March- 15, June 15 and .Sept. 15, last, as /
3,778,615
3,778,615
■
in each quarter:. during 1941;
In
addition the company on Dec. 15,;last,year, paid an extra of 40 cents /,
per share.-—V. 156, p. 957.
: /'-// // //.;;;■/-/:'•/%■'■//./////v:,,
./.'/
with
cents
40
per
in
.
each
President
E.'/Tomlinson,'
elected
par
Cities Power
National
of
been
Biscuit
Operation
American Sumatra Tobacco Co.—75-Cent Dividend—
Bid—-'
Harris Group
The directors
/■;'•'./■-;-/
/.;,.■•
;
press dispatch from Richmond, Va„ Nov. 19, had' the following:*.
stock transaction which would have given to g group of New York
A
A
corporation aind Blue Ridge Corp. fell through
Robert N. Pollard, in U. S. District Court at
financiers control of the
Nov.
when* Judge
19
Richmond,
refused
Va.,
to
order
show-cause
a
hearing
on
the
the
30.
.
"a
declared
dividend"
of
75
cents
per
share
on
share was paid.
/—v.
/.
the previous fiscal year the company
ments of 25 cents eachr and, in addition/
June
15,
1942.—V.
156,
p.
/ Net
four quarterly
extra
an
of
50
all
shares
2,047,547
the
by Central States,
The
but
bid,
the
as
bidders
the
class
court
representatives of
trustees of
not be given
bid
of
B
stock
of
American
cents
was
1464.
Gross
Int.
Central
the
to
hearing' to
a
appeared
in
court
to
ask
,/
Operating
Operating
as
that
revenues
Uncollectible
oper.
Operating
well
Net
.
.
.
; Judge Pollard said that to permit the sale of this block of stock—.
principal asset—would
but
to
The
of
almost liquidate it.
court's
action
the Harris offer,
The
a"nd
•
Harris
vote
not be
to
organize
V
the
company
173,952
63,300
62,646
249,247
250,585
$160,458
$119,827
$505,069
$416,023
7,989
14,178
22,519
$519,246
$438,542
644,000
602.850
7,608,040
72,848.984
1,949,732 *38,677,085
*3,941,494
2,499,157 *31,189,846
21,581,228
___—
income
income
—
Revenue
Act
refund.-
.
38,951,737
44,601,694
approved Oct.
21,
On
the basis
,
the
143,779,962
1942, increases these taxes by
for September, 1942, and by approximately
These increases take credit for related post¬
',,
of
135,330,458
on
Long
,
—
company's own reported
figures
Lines Department is earning on net book
24.37%
annually before Federal income
of
the
,"
rate
the
rate: of" 14,92%. after
the
new
1942
Federal
indicating that
investment
taxes,. ;and
normal
102,794
;
$164,120
26,057
26,463
104,627
106,263
$26,057
$26,463
$104,627
$106,263
21,490
82,083
3,164
10,549
10,695
17,146
58,505,
17,085
139,352
49,575
726
2,904
3,464
$51,503
$179,586
$175,266
mtge.
for
Other
taxes
at.
at
and
$127,816
bonds
19,280
2nd
Fed.
&
taxes
income
inc.
.
86,828
State
——
726
deductions
Balance
u——--.
$56,388
Sheet,
Sept. 30,
1942
property and equipment in service (less reserve for
of $2,271,515), $4,880,587; construction work in progress,
automotive equipment
(less reserve), $13,850; Investments,,.
$2,303; cash In banks and on hand, $288,936; accounts and notes
receivable
(less
reserve),
$141,358; materials and supplies, $97,015;
unamortized debt discount and expense, $49,127;
prepaid insurance
and
taxes, $18,373;
miscellaneous deferred charges, $21,787; total,
$5,574,641.
■';,.-■
Assets—Plant,
depreciation
$61,305;
'
Its
988,170
bonds—_
interest
66,460,588
20,313,668
64,400
3,662
revenue
mtge.
Prov.
$
$
revenue-
Misc.
12,121,329 143,359,915 108,958,334
87,500
rev.
Asked to Reduce Toll Rates
has the effect of blocking the sale under terms
but it does not forbid its sale at a higher bid.
$
17,496,093
.
approximately $1,117.200
$9,708,800 for 9 months.
war
group
these
$
expenses'—8,324,611
taxes
*5,142,488
operating
*1942
■
proposed to purchase the American Cities- stock
shares; in- favor of the ' granting of an option by
161,689
Balance
Net
Was
Central States'
44,526
—*.**—■.
the
show-cause order.".
Opponents of the sale said that the block of American Cities stock
worth more than $1,000,000 at current quotations, as compared
with the $600,000 offered by tha group.
.-'
' •.!' •" -■'.;/
38,436
—
bonds
—1942—9 Mos.—1941
'•
"
their
approve
bondholders and stockholders,
States,
the "dignity of
order'a
American Telephone & Telegraph Co.—Earnings—
1942—Month—1941
taxes)
1st mtge.
on
Int.
"
owned
Cities
which went into bankruptcy last February.
asked
$1,931,525
revenue
First
•-
1942—12 Mos.—1941
28,395
$527,428
272,033
pay¬
posed
Period End Sept. 30—
///'■/•• •/.
$2,171,257
1,105,368
149,884
309,793
46,906
inc.
oper.
Other
made
•In
on
1 /..
Inc.—Earnings-
—.--■■
Depreciation
On
per
disbursed
pro¬
sale of a large block of American Cities stock now in the
possession of Central States Electric Corp.
\ '
( The proposal was made by T. S. Harris, Chairman of a group includ¬
ing 3. H. Harris Co.; William P. Lear, Carlton Higbee, Bradley Higbee'
and Standard Equities Corp.;
They offered to. buy, for $600,000 cash,
660,//;...*/./'--y-.
(except Fed. and
State
stock, no par value, payable Dec., 15 to holders of record
Sept. 15, last, a regular quarterly dividend, of 25 cents
capital
Nov.
have
declared on the common
1942—3 Mos.—1941
$618,892
Total operating rev
Maintenance
Co.—Court Rejects
&/Light
Pa.—50-Cent Dividend—
of 50 cents per share has been
stock on Feb. 16, 1942.—V. 156, p.
Taxes
American
1145.'
5
period End. Sept. 30—
u
Co., has
member of the board of directors.—V. 155, p. 1500.
a
156, p.
cents, payable Dec. 22 to holders of record Dec. 7.
Like
amounts were paid on May 25 and Aug. 27, last, which were at the
same rate as the dividend of 10 cents per share paid on the old 10-cent
par
Arizona Edison Co.,
Roy
and 1940 —V.
_
American Sugar Refining Co.—New Director—
share
.
/.
1941
quarter during
A dividend
stock,
,
compared
of 50 cents per
dividend
Autocar Co., Ardmore,
100,000
;
—
surplus
Capital
Dividend—
and
A
1,280,000
;
..27,058
25.670
v;
Earned surplus since
615,101
265,363
1571.
p.
526,311
1,215,625
(221,062 no par shares)
3,251231
306,889
-
contingencies^__-__^-*.*.-^.^_.
.
278,114
1,214,605
stock
Common
407,649
inc.———
56,889
57,203
/■■■■/ /..'"/;//,,/;■/
3,973,674
3,435,783
1,052,599 /
688,183
558,618
317,789
,
share lias been declared on the common
stock, no par value, payable Dec, 26 to holders of record Dec. 16.
Distributions of 25 cents each were made on April 1 and Oct. 1, last,
■
Reserve for
4,255,365
1,030,044
railway
oper,
156,
;
1939
$406,754
124,365
86,609
178,348
/
etc.
Long-term liabilities
Income
.Stock,
from
Net ry.
.
.
railway--.—
from
1940
$365,382
94,837
.106,790
43,765
inc.
oper.
From Jan. 1—
Gross
1941,
■
216,677
.payable
payrolls, commissions,
Accrued taxes
dividend of 75 cents per share has been declared on
payable Dec. 21 to holders of record Dec. 1.,
Distributions of 25 cents each were made on this issue on March 25,'
June 25 and Sept. 25, last.
Payments during 1941 were as follows:March 25, June 25 and Sept. 25, 25 cents each, and Dec, 20, a year-end
A
the
railway
'-'%//:/■ ..''y
,
$453,026
-
Apex Electrical Mfg, Co.—50-Cent
.
'
*
1942
'•■
$424,520
% .100,878
railway
$8,545,363
$100,000
from
Net
RR.—Earnings—
;/-•. ■/• •V:/rr
October—
Gross
'
,
Arbor
Ann
Liabilities—First
come
bonds
payable,
(less
$73,121;
mortgage
treasury
bonds, $2,579,000; second mortgage in-,
bonds of $44,400), $1,538,900; accounts
miscellaneous current and accrued
liabilities, $159;
THE COMMERCIAL & FINANCIAL CHRONICLE
1948
accrued
income
than
(other
taxes
Federal and
$87,821;
taxes),
which
State
"
$139,598;
taxes,
other deposits,
of
dividend
accumulations
cents
20
the
on
record
15
Associated Gas & Electric
Co.—Weekly
group
units,
of
output
electric
net
20
Nov.
Excerpts
the
of
the
follow:
Pertaining
Litigation
of
Compromise
the
of both Associated Gas
trustees
the trustees have announced a
Second,
early formulation of
&
first
consider
its
On Nov.
On
Corp.
Aug. 31,
the
fact
that
sell
to
its
electric
Public
such
Utilities
Inc.,
and
31,
and
1942,
its
used
be
may
Maryland
Associated
parent, Associated Electric
Youghiogheny Hydro-Electric Corp.
Associated Electric Co., received $14,734.
of
Operating
Consolidated
Sept.
Earnings
dissolved,
was
(Corporation and
30—
revenues—electric
9Mos.,'42
$
$
111,429,312 104,975,997
general and subject to the details of the proposal the following
relative
participations are proposed for the various major classes
of securities, after first recognizing the prior position of the claims
of Associated
Gas
&
Electric
Corp. 8%
gold bonds, due 1940 at
approximately 102%% of principal amount:
Each unit of Associated Gas & Electric Corp. debentures, due
would receive approximately 22/s times as much as each unit
the same corporation's income debentures, due 1978.
(1)
______
Dec.
20,
(2) Each unit of Associated Gas & Electric Corp. income debentures,
1978, would receive approximately 15 to 20%
more than
each
Associated
interest
Total
11,396,411
10,618,447
revenues—______
operating
Operation
136,095,008
fixed
Federal
9,374,523
(deprec.)
of
8,817,375
12,425,078
9,818,599
10,448,079
7,933,933
8,500,835
fixed
—
income
declared
and
profits taxes
excess
43,218,440
6,803,855
54,492,565
13,211,932
„
retire,
for
capital
Exc.
prof.
approximately
Electric
&
Gas
debentures,
income
Corp.
(Revenue Act of
amended)
Net
1940
the
receive
Other
—
Each unit-of Associated Gas & Electric Co. convertible obliga¬
in
the
hands
of
original holders would receive about
20%
tions
each unit of the same company's fixed
much as
Provision
(6)
Electric
also
is
income
Co.
debentures
of
made
the
for
Associated Gas
fund income
of
treatment
of
1983
and
sinking
and
also
the
general
debentures
and
1983
interest debentures.
1986,
of
creditors
The
estates
the
is
complete plan of reorganization and the value of
determined, it is impossible to approximate what may
is
actually
Income
Interest
Amort.'
13,784,732
in
securities
new
cash
or
by
of
any
the
681,920
1,846,273
22,446,503
412,477
34,405,020
Northeastern
Electric
for
Corp.
total
a
Water
stock
common
This
John
to
marks
of
Jr.,
step
in
the
1942,
15,402,070
16,107,773
11,492,174
806,792
934,590
591,560
—
long-term
on
of
debt
Paid
expense,
interest
on
234,606
chgd.
to
constr.—credit__
trustee's
Cr242,626
Cr205,130
452,164
369,124
273,348
deductions.,
185,931
accrued
consol.
of
deductions
poration's
106,117
201,861
4,382,185
416,013
income
for
trustees.—V.
3,310,735
312,006
81,009
20,494
8,505,104
of
expenses
156,
4,385,433
130,266
27,488
Accrued but not being paid curr,_
Minority interest in net earnings.,
♦Before
536,071
the
11,444,949
corporation
6,262,452
of
or
the
cor¬
through the elimination from the system of a major sub-,
holding company together with some 40 of the latter's operating water
subsidiaries.
The
trustees'
stock.
mon
$2,000,000
stock
which
these
of
155,757
were
consideration
3%
shares
to
they
by
total
The
System.
by the Securities and Exchange Commission
authorized
The
by this court
initial
other funds
by
the
cash
Nov.
on
of
Northeastern's
sale
Nov.
the
parties had
the
approved
was
10, 1942, and was
with
trustees
subject
the
to
City
the
on
proceeds totaled $1,500,000
utilized
were
a
electric properties shortly and it is
fully reimburse them for the purchase
Northeastern.
A contract for the sale of
will
paid
to
Public
certain
Service
same
the
for
Co.
adjustments,
signed
was
and
Ohio,
base
a
the
price
Nov.
on
of
1942,
13,
transaction
$485,000,
was
sale
for
Service
of
the
Co.—Sale
water
of
not
Staten
City
New
by
Corp.
and
properties
York
by
City
have
the
eral
of
by
been
conducted
Council
Electric
Gas
&
of
previously
the
Electric
date
sale
of
for
for
specifies
Gas
sale
4,
1942,
extended
has
to
to
local
Aug.
law
to
31,
31,
Island
the
voters
to
a
for
program
companies has been
filed
was
therto;
with
on
the
Aug.
the
SEC;
and
Federal
Power
on
the
Sept.
trial
1942,
23,
which
is
price
a
further
1942.
of
as
and
so,
shall
we
primarily
at
Fort
plants
and branch offices
make
Inc.,
further
which
subsidiary
in
the
Wayne
has
steel
the
in
Industries.
wholly-owned
a
these
1942;
It
is
the
"The
been
of
date
considered
the
S.
Commission
1942,
an
of
South
Carolina
application-declaration
had
possible
by
the
Mean¬
the
P.
Co.
of
respect
Tiled with
on
Associates
due
of
to
The
the
6,
Investment
materials,
war
Ind.
March
Gross
ended
the
production
critical
Co.
to
operating
schedule of
is
situation
prices
on
Government, orders
B.
&
O.
to
its leased
B.
believes
the
Baltimore
have
&
O.
it
its
decision
with
the
terminate
to
Alton
refunding
RR.
bonds.
11,
1942, an application was filed with
A
hearing was held before the SEC
hearing being continued subject to call of
Hearings were also held on Oct. 6 and Oct. 7,
lines.
Potential
cash
been factors
been
in
attempting
Emmco
show.n
a
reduction
Insurance
decline
which
volume
Sept.
30,
of
selling
all
last,
•••
.
in
has
Co.,
Inc.,
premiums
taken
place
and
its
and
in
the
best
agreement
the groups
requirements
the
Carolina
and
group
Ky.,
for
of
were
ad¬
Tri-City Utilities Co.—On Sept,
a
subsidiary in the Associated Elec¬
sold its Murray Water System
to
the
a
base price .of $175,000 in, addition ■ to
decision.
interests
that
so
of
such
all
concerned
steps
as
appear
of bondholders.
Bankruptcy Petition—
&
Ohio
all
owns
Period End. Oct. 31—
of
Alton's
outstanding
1942—Month—1941
stocks.—V.
156,
218,263,016
167,236,944
2,710,086
1,203,751
21,260,878
11,402,162
289,903
279,316
2,903,101
2,765,403
143,724
1,894,855
1,377,985
813,896
578,478
7,159,808
5,519,690
29,519,787
188,302,184
___
other
*
Railway
oper.
revs.__
&
instalment selling.
other forms
receivables
acquired during the nine months
$57,000,000, compared with $201,000,000 for
was
in 1941, reflecting the drastic curtailment in instal¬
due
to
the
war
struc.
251,481,658
2,249,106
22,894,047
17,296,514
5,284,494
52,076,528
42,469,191
488,997
4.568,732
4,300,003
8,659,907
equipment
22,177,722
7,539,498
80,324,299
60,638,585
198,774
2,329,979
1,564,769
627,118
way
of
3,101,850
271,426
of
5,223,400
455,024
Maint.
Maint.
561,670
5,980,800
4,736,624
Traffic
Transportation
________
Misc.
operations.
General
Transp.
Net
for
investment
from
rev.
Cr348
5,855,531
83,307,273
57,309,846
3,959,673
1,849,418
28,392,070
12,239,173
640,912
308,109
4,717,333
2,026,245
135,536
op.
155,568
1,362,933
1,542,686
3,542,436
48,834,937
41,501,742
Railway tax accruals
Equipment rents, net
Joint
facility rents,
Net
ry,
Other income
net
inc
oper.
546,077
,534,233
5,684,190
5,313,229
6,991,018
4,076,669
54,519,127
46,814,971
cn
204,030
1,215,791
1,434,047
_________
income
RR.
program.—V.
156,
p.
_______
deductions
Inc.
avail,
charges
for
fixed
Net
6,991,025
26,247,831
1,241,886
27,247,769
19,133,093
2,515,190
3,206,298
Tax
45,380,924
26,055,567
3,206,572
2,514,427
16,009,561
Income
Railway
53,303,336
2,630,753
4,383,159
.
3,872,639
2,607,866
_______
1,610,233
Accruals
Include:
Excise
'
tax
acct.
Rati-.
road Retirement Act
Tax
acct.
Railroad
Unemployment
Ins.
Act
Federal
—V.
inc.
taxes_____
156, p. 1858.
Baldwin Locomotive
Works—Revamps Its Products
The
company Is revamping its products to suit
warfare and the change in the industrial
cycle
of
from
from
Net
ry.
railway.
"As
instance
an
this
of
revamping,
1940
;:■& 1941
1939
$1,787,678
$1,572,918
$1,652,243
1,412,611
516,925
426,387
"Tank
production has changed to include the manufacture of several
types of tanks, each
509.351
624,586
234,882
145,961
220,094
25,323,765
one
fulfilling
from
Net
ry.
16,535,944
railway—
income—.
13,563,872
13,723,013
9,124,205
4,532,485
2,431,107
3,321,957
3,869,828
oper.
1,678,172
♦186,437
610,062
of
its
output
war
modern
a
needs, and stepping up production,
&
Ohio
the
which
performed
other
locomotives
domestic
the manufacture
been
trained
in
of
war
mechanical
a
skills
to
turn
out
present
Army,
time
similar
to
being
the
a
to
assist
in
carrying
consolidation
famous
successfully in France in
are
indirectly for war work,
the
type
'Pershing'
1917
in
and
the
of
engine
1918
The
that
largest
they are for
freight and pas¬
loads of all time.
has followed
company
a
ficient to enable it to shift with
policy of preserving
the needs of modern
a
flexibility suf¬
war
while
manu¬
facturing the largest volume in its history," Mr. Kelly states.—V.
p. 1737.
RR.—V. 156, p. 1736.
But
now
and many
in the Baldwin plant.
large producer of locomotives; the majority
so
railroads
products,
manufactured
as
the
at
for
to
wark
"Baldwin continues
"The
Petition In Bankruptcy- -See Baltimore
have
men
great variety of
senger
♦Loss.
Files
definite requirement in
a
•
locomotive
railway
now
gears for ships, airplane elevators for aircraft carriers,
catapults for airplanes in contrast with machine tool equipment
which it was making in large quantities last
year, such as hydraulic
presses, bending rolls and piercing presses for large shells, and draw
benches," says Mr, Kelly.
and
thousand
$3,161,804
joper. income,—
from
division is
the Southwark
making steering
occupied and devoted
From Jan. 1—
Gross
conditions
building era
a
been
accomplished without the erection of new buildings.
practically all of the space in the large buildings at Eddystone is
1942
railway...,
changing
from
production era, according to Ralph Kelly, Executive Vice-President.
a
army.
953.
Earnings—
October—
CM3.348
11,181,062
6,444,941
ry.
has
Alton
Net
$
19,972,453
"Changing products to match
Gross
$
25,370,991
334,911
Mail
Ali
;
1942—10 Mos.—1941
$
subsidiary
attributable
written,
in
156,
.
Atchison, Topeka & Santa Fe Ry.—$1.50 Common Div.
The directors
stock,
mon
record
Jan.
of
on
Nov.
$1.50
29,
19
per
1943.
declared
share,
On
a
dividend
payable
Dec.
this
1,
March
year,
(No.
1,
a
120)
1943,
to
paid
on
of
of
$2.50
Sept.
last, and $1 per share eaoh quarter from Sept. 2, 1941, to and including
1, 1942.
The previous payment, also $1 per share, was made on
directors
of
$2.50
of
record
New
F.
oper.
revenues
Ry.
oper.
expenses
1942—Month—1941
1942—10 Mos.—1941
$479,755
$5,379,953
308,490
3,739,638
3,196,470
$196,531
$171,265
$1,640,315
$1,473,809
91,914
68,856
769,294
584,061
$104,617
$102,409
$871,021
$889,748
29,300
31,232
217,437
211,102
$133,917
$133,641
$1,088,458
$1,100,850
1,995
2,410
16,384
20,887
$135,912
$136,051
$1,104,842
$1,121,737
58,795
61,218
591,986
613,088
9
1
32
3,522
790
824
7,971
8,308
$76,318
Railway tax accruals-—
$573,937
377,406
^
also declared the
share
per
Dec.
on
the
usual
semi-annual dividend
preferred stock, payable
Feb.
1
(No.
88)
to holders
Ry.
operating
Rent
income
income
(net)
$74,008
$504,853
$496,819
31.
Director
Net
Elected—
ry.
Other
income
oper,
income
(net)
G.
Inc.
1686.
avail,
for
fixed
charges
♦
Interest on' funded debt
Int.
Atlantic Coast Line Co. of Conn.—Year-End Div.—
year-end
19,
dividend
of
share has been declared on the
stock, payable Dec. 21 to holders of record Nov. 30.
A similar
distribution
Dec.
on
Amort,
common
$4,670,279
1940.
27,
The
Ry.
1,
June
Dec.
Bangor & Aroostook RR.—EarningsPeriod End. Oct. 31—
com¬
holders
distribution
share will be made on this issue, as against $1.50
per
on the
p.
South
the
1858.
to
•
S.
of
two
that
to
Gurley, Vice-President of the executive department, has been
elected a director, succeeding Clarence M. Woolley, resigned.—V. 156,
Commission
the
and
Under
application of
temporary
a
also
has
be
to
temporary
Operating revs.—Freight
Passenger
existing
production
as
>
of
has
the
similar period
ment
A
subholdjng
agreed
purposes
the
the Alton RR.
1942,
the
develop.
Murray,
of
one
other
time
terminate
p.
liquidation
our
company is using its best efforts through radio and
advertising to build up its direct agency business."
of
Sept;
Murray
(Ky.)
Water
System
23, 1942, Tri-City Utilities Co.,
tric
as
The
two
with
was
of
1942,
Alton
Attorneys for Alton RR. on Nov. 25 filed a petition for reorganization
under Section 77 of the
Bankruptcy Act in U. S. District Court at
Chicago.
; .•
The petition said the road is unable to
pay obligations which have
accrued and are about to accrue and has no means of
borrowing or
otherwise obtaining such funds.
became necessary
it
as
organized
the
Muncie,
reduced
contract
business
largely to
Commission.
1942,
the
the
application
P.
25,
on
of
agreement
closing
in
consolidated
Gen¬
program
City
a
reductions,
was
production
and
efficiency increases.
Co.—-
Authority,
to Nov. 4, 1942, at which time conferences were held.
The
proposed merger and recapitalization would not interfere with the sale
program,
but would greatly improve the situation if that
to
in
outstanding in the commercial paper market
maturity, he added.
to the banks holding the five-year term
prepay the same this year," Mr. Morris reported.
journed
fails
states
at
reduced personnel
have
engage
$14,500,000.
extension
on
con¬
Power
under
The
New-
under
merger
and
recapitalization of
undertaken.
On August 19, 1942, an
examiner.
before
President,
given
desire to
"National
23,
The
with
and
some
Alton RR. Files
extending
letter to stock¬
Edison
of
that the question of
authorizing this sale will be presented
Authority to the South Carolina Legislature early next year.
while
Morris,
paid
been
has
our
do
to
pur¬
Oct.
on
the
on
cents
necessary to the Alton RR. may be taken to bring about a reorganiza¬
tion, and notice of the termination of the agreement has been sent
notes
some
being
are
Net
of
the
scheduled.
Service
subsidiaries
to
matter
are
Lexington Water
Public
agreed
Dec.
Staten
by
maximum
a
Co.;
these
in
this
hearings
Carolina
of
on
respect
30.
18%
of
work out a
plan of reorganization for the Alton with two groups of
bondholders, but it has recently become apparent that further efforts
in that regard would prove unsuccessful.
progresses.
over
commission.
representatives
with
approval
The
&
Corp.
the
April
been
require
South
with
interest
hearings
further
referendum.
regulatory
any
progress
system's
and
will
the
request
closing
city
in
held
1942,
Carolina
South
been
the
Council
a
by
Corp.—Discussions
of
6,
the
in
sideration
At
City
approval
have
latter
Nov.
purchase
to
Edison
York
the
The
1942,
subject
Island
of
chase
"We
Properties—Negotiations
Water
purchasers, resulting in the execution
22, 1942, of an agreement for the sale for a base price of
$900,000 of such water properties to Leedy, Wheeler & Co. of Orlando,
Fla.
Acquiescence by trustees of the corporation in such sale was
authorized by the court by order dated Oct. 23, 1942.,
This trans¬
is
are
"Notice
with
Oct.
action
taxes
•For
banks
approved
with various prospective
year
on
which
day by the court.
Public
of
Fixed charges
There
sell these
of Bowling Green,
Florida
for
to
sales
such
Northern
Ohio
M.
its notes to
the
such
the
cents
road.
industry, but the plants are operating at a profit not¬
heavy charges for taxes, rehabilitation and voluntary
$1,500,000,
.price,
f
E.
paid all
16,
reduction
hope
that
credit,
Nov.
withstanding
with
acquire from Northeastern its interest in Ohio
Co., General Utilities Co., Western Reserve
Power & Light Co. and New London Power Co., all which are electric
utility companies operating in Ohio.
Thus, the Northeastern System
now
consists
almost
entirely of water properties, and is therefore
expected, as required in the contract of sale, to be exempt from the
provisions of the Public Utility Holding Company Act of 1935.
The
of
of
as
to
Public
expected
company,
plants
together
15,
&
Co.—Pays Off Notes to Banks—
Service
which
trustees
Northern
lines
cost
the
1942.
13,
received in the transaction
proceeds
a
Northeastern
of
represents
The
on
com¬
and
cash
$1,224,666
shares
the
consideration
Associated
the
shares
received
secured
note
sold.
were
Associates Investment
The
debt of
holdings
In
1-year
on
Nov.
15
record
and
initial
an
was
share
per
of
last,
20,
explanation of this decision, Mr. White, President of the B. & O.,
pointed out that although the Alton is enjoying exceptional earnings
at the present time, two years' interest on Alton bonds Is
in default.
He also pointed out .that the Alton is involved in extensive
litigation
Total
pro¬
gram
company
June
1858.
p.
holders.
integration
cents
holders
In
preferred stocks:
on
on
159,152
803,707
Cr327,651
amortization
income
188,934
787,060
charges
Miscellaneous
Dividends
&
_________
interest
Miscellaneous
debt
disct.
premium
Other
&
Co.
15
to
April
Deductions—Subsidiary Cos.:
assumed
sale
Water
Northeastern
notice
of
Chicago
of
agreement
par¬
Penn-Jersey Water
consummated.
was
the
14,
Nov.
in
and
$3,224,666
major
a
trustees
Ware,
A.
consideration
sale
Corp.—On
the
of
given
agreement
income
Misc.
Electric
&
position
30.
1686.
p.
holders
of
groups
22,858,98Q
32,558,747
30,189,842
ticipating security holders.
of
of
21
on
10,248,615
30,871,762
(net)_
Taxes
a
realized
156,
has
company
temporary
72,368
135,974
____
income
♦Balance
there
Until
Dec.
paid
previous dividend
Express
estates.
both
1938.—V.
cents
Earnings for October and Year to Date
13,930,316
income
Interest
company's fixed interest debentures.
same
(5)
be
Gas & Electric Co. convertible deben¬
about 40%
as much as
each unit of
of Associated
would
The
as
operating revenues.
less
certificates
was
Baltimore & Ohio RR.- -Terminates Alton Bond Agree-
value
———
Other taxes
Gross
& Electric Co. fixed
80 to 85% as much
the
on
which was the
disbursed.—V. 156,
'
debentures.
interest
Associated Gas
of
receive
would
Associated
Each unit
(4)
ture
&
of
unit
Co.
$1.50
dividend
a
payable
10
7,604,866
130,012,430 101,109,216
58,804,342
—
Maintenance
Prov.
1978.
due
as
unit
debentures
each
as
&
each
Accordingly,
(3)
Electric
Gas
share
per
year,
ment—
due
of
with
1941.
July 22,
82,862,445
10,641,905
1973,
unit
$2
last
(Del.)—Resumes Dividend—
$3,
par
compares
to
13,640,023
14,047,249
;
—
Subsidiaries)
1942—12 Mos.—1941
Gas
Miscellaneous
In
when
1937,
of
holders of record Nov.
to
23,
voluntary
stock investment.
common
$
petition, and thereafter referred the proposal to Judge Frederick
E.
Crane,
the
special master who has
been hearing the
Recap
litigation.
of
This
The
of the
stock,
in connection
Aug.
dissolved
was
Co.,
bonds.
hearing for the consideration
a
Aviation Corp.
Public
Louisiana
Farmerville
1942,
Ended
Period
.
1942, Judge Leibell held
of
Simplification—On
Power
Statement
fairness.
13,
Louisiana
of
and its parent.
step in this joint program,
23,
The directors have declared
common
looking toward the
program
reorganization plan.
a
of
commitment
a
Co., received $40,249 in liquidation of its
the trustees of both estates
filed a petition
in the reorganization proceedings of the company
and the corporation in which they asked to have their proposal for
compromise of the Recap litigation referred to a special master to
the
As
cognizance
had
retirement
the
Electric
Electric Co. and cor¬
poration have agreed on a proposal for compromise of the so-called
Recap litigation and related controversies.
First,
takes
Inc.,
Co.,
Corporate
matters stand out:
Dec.
on
Jr.,
Rupe,
and
bonds
for
Recapitalization Plan—Two
to
paid
since Dec.
payment
dividend
a
payable Dec. 23
$1
Associated
1942,
Gordon
distribution system to the Claiborne Electric Cooperative,
Inc., for a base price of $90,000, subject to certain adjustments.
Consummation of this sale took place on Nov, 10, 1942, the trustees'
acquiesence in the performance of the sale having been approved by
the court by order dated Oct. 23,
1942,
No State or Federal regu¬
latory body had jurisdiction over this sale.
The proceeds from this
sale have been deposited with The Pennsylvania Co. for Insurances
on Lives and Granting Annuities, trustee under
the mortgage securing
trustee's quarterly report on the operation of
corporation (including that of subsidiary com¬
the
from
business
22,
D.
and R. A. Ritchie for the sale, subject to the acquisescence
of the corporation, of all the securities of its sub¬
contract
This
Associated Gas & Electric Corp.—Trustees' Report-
panies)
Sept.
with
with
compares
RR.—$2 Common Dividend—
declared
1686.
p.
Inc.—On
agreement
have
stock, par $100,
common
This
first
Co.
directors
,
Utilities
156, p. 1857.
the
Co.,
an
Atlantic Coast Line
The
trustees
plant
10.7%
or
the
into
body.
130,848,356 units (kwh.). This is an increase of 12,660,114
above production of 118,188,242 units a year ago.—
was
ad¬
representing
Louisiana Public Utilities Co.,
Inc.,
for
a
base
price of
$3,000,000.
Company received an earnest money deposit of $15,000.
An
appropriate application was filed with the SEC, a hearing held
on
Oct. 27, 1942, and the Commission's order is now awaited.
The
transaction is not subject
to the approval of any other regulatory
Electric
&
Gas
$5,300
sidiary,
Oujput—
Associated
the
C. Hyde
of
cents
trustees of Associated Gas & Electric Corp. report for the week
The
approximately
the capital of Tri-City Utilities
Utilities
entered
Co.
G.
$10,
with
55 cents on April 29, 1942.
Payments
March 31, 30 cents, and Dec, 29, 60 cents.
cn
ended
V.
Electric
account of
payable
on
par
This compares
25.
Nov.
July 30, last, and
during 1941 were as follows:
—V. 156, p. 1464.
paid
has' been declared
share
per
cumulative preferred stock,
6 %
of
holders
to
30
Nov.
Public
Louisiana
Dividend—
Arkansas Natural Gas Corp.—Accumulated
received
company
through a reduction in
Co.
A
the
justments for capital additions, current assets and current liabilities.
Tri-City Utilities Co. has Tiled a declaration with the SEC for per¬
mission to pay this amount
(together with the proceeds of $400,000
from the sale of the Mayfeld Water System)
to Associated Electric
interest accrued, $35,863; refundable deposits,
$10,093; other reserves, $9,946; capital stock
(104,715 shares issuedi, $523,575; earned surplus, $482,781; deficit in
contingency reserve, Dr$68,728; total, $5,574,641,—V. 156, p. 599,
income
$162,512;
Monday, November 30, 1942
was
made
1940, and
—V.. 155,
p. .2363.
on
,..
on
$2.50
Dec.
per
last
18.
Dec. 21, 1939 and
,
.
year,
against
as
$1
each
1938, and $3 on Dec. 24,
.
.
unfunded
of
funded
debt_
discount
debt
on
on
1937.
Net
—V.
income
156,
p.
1686.
Volume
th£
Number 4129
156
Baragua Sugaf Estates—Interest Payment—
Bower Roller Bearing Co.—50-Cent Dividend—
,
payable
declared
directors "have
as
in
7J/3%
A
of
dividend
stock,
share
per
$1, payable Dec.
distribution was made' oh
similar
1
75.,:
March
on
■,>,;,/■
declared
holders
to
this issue
./;v
of
distributions
been
has
f.r.1
quarterly
Common, stock
p.
cents
20
par
since/
Four
mon
15
of
stock,
50
each
cents
22,
1941.
July 1 and Oct.
/ Period End,
1,
15,
the
the
on
record
V.
Sept. 30-r-
of
made
156,
The
the
$1
The
tional
1,004,080
_™l._.
income
4,743,503
794,377;
$1,279,216
824,693
'H
preceding
to. the
(2)
of
extent
of
in
payment
principal
40%.
quarters.—
$1.50
of
paid
on
Sept.
the
$6
all
156, p. 955,
they
in
the
on
21, last,
■.
of
principal
funds
to
amount
will
to
be
in
dividend
stock,
with
were
was
made
>
each-
Dec.
per
Dec,
this
issue
April
35
1
and
1,
the
late
that
Walter
The
directors
15
been
of
Oct.
July-T;
156,
declared
record
on
cents;
cents.—V,
the
on
965,258
and. July
20
.
shares ;of
Division of the Department of Justice filed suit in
Court at Newark, N. J„ Nov. 19, charging the, corpo¬
violating anti-trust and tariff laws through illegal inter¬
agreements in the manufacture and sale of aviation equip¬
declared
capital
Distributions
15,
cents;
Nov;. 20
on
last.
Aug.
8,
of
the
15 amounted to $29.75 per share,
to $25.50 per share,
it was
S.
Wyman.—V.
156,
!
stock,
common
Allen Jones and Herbert F. Good¬
Appeals at Philadelphia, on Nov. 20, took
appeal of Attorney General David T. Wllentz
the
refusal
of
N,
J.,
would
be
Judge U: Fake of the Federal
include in a decree a provision
liable
the
Chancery
are
to
Court
for
of
interest
New
and
penalties
Jersey .holds
unconstitutional.—V.
156, p.
the
of
railroad
1602,
Nov,
1,
1
30,
last,
1942.
July
the
on
Oct.
Total
compared
as
1,
dividend
stock,
25
$233,597
8,811
81,241
75,799
$69,758
$66,791
$314,837
$292,672
_/_
40,568
41,005
182,537
166,894
4,170
3,941
17,633
16.347
8,337
8,405
33,142
33,861
20,795
revenues™
$216,874
oper.
Operation
during'
Maintenance
25 cents
955,
p.
a
1942—12 Mos.—1941
$57,980
9,240
revenues
gas
$60,518
similar
A
Payments
and
Natural
com¬
(& Subs.) -Earnings—
1942—3 Mos.—1941
General
cents each
taxes
Federal
of
payable
depletion
cents
50
Dec.
made
were
holders
to
11
of
March
13
on
5,965
income
5,641
23,309
3,300
755
7,514
7,691
$7,419
$7,043
$50,703
$47,085
taxes
share
per
Net operating
:;
!
income
Total non-oper. income.
1,158
2,883
13,556
11,675
_-._:__w
$8,576
$9,927
$64,258
$58,760
deducts,.
4,701
10,857
21,435
44,300
>$931
$42,823
$14,460
16,064
*10,626
26,138
$15,133
$32,197
$40,598
Payments
25
during 1941 were as follows: Jan. 13,
and Dec. 29, 60 cents.—V. 156, p. 1572.
cents,
",;The directors have
■:rvj-;!■."
J.—Appeal under Consideration
Charles
Camden,
Central
1860.
p.
of
Central States Edison, Inc.
/,!
Butte Copper & Zinc Co.—Resumes Dividend—
.
the
from
of
settlement laws
declared
dividend
of
25
Dec.
to
holders
payable
$5,
par
a
18
cents
•
record
interest
Net
Dec.
inc. of
owned
share on the
per
of
income
Gross
;
Total
with
Mairs,
Period End. Sept. 30—
Electric revenues
Budd Wheel Co.—50-Cent Dividend—
:.
Jersey
Court
$10,101,520 if
tax
B.
consideration
New
District
and
7,250,166
$7
777.
the Circuit Court
of
under
of
of
funds only,
instead of
heretofore.-fV, 156, p. 1687.,
as
has
holders
April
on
15,
share
.
of
on
the
on
Canadian
to
15
.on
follows:
as
and
cents
10
payable
cents
15
1941
each,
of
$1.75
$3
Skelton, formerly Vice-President, has been elected Presi¬
succeed
Judges Alvin
rich
bonds
sterling funds
or
series
and
amounted
Central RR. Co. of N.
:
bonds*
of
bondholder
each
$7
holders
to
Central Maine Power Co.—New President—
William B.
dent,
•
■
10
series
against
as
the
on
$7
preceding quarters.
$7 series at Aug.
series
share
per
payable Dec.
$3.50
series
on
on the
$6
$1.16%
series,
Net
4.
inc.
co.
at
•
& subs,
Sept. 30.
of
subs.
$3,876
cos.
'
'
The
This
suit, filed by Samuel S. Isseks, head of the Anti-Trust Division's;
New .York office,
named three individuals as co-defendants and 25
firms aqd individuals as co-ponspirators,
—V.; 156,
1413.
p.
y-
1.81—
at
The
•
at
or
bonds
for
51,810
There
that
has offered
each
Steel
S.
to
redeem
J_.il
v;-
when 10 cents
1937,
!
:-.■■■.f
/
sold
paid,
was
believed
is
Maintenance
to
be
17,938
1,841,717
54,996
54,567
632,962
624,276
depreciation™
62,320
52,283
709,172
of
corporations
their
cash
own
These
induce
elect
bonds
to
for
are
off
pay
each
indebtedness
dollar
non-callable,
of
tax
credit.
the
but
redemption, apparently.set
they
242,044
207,156
:
,
;!.
bonds upon delivery, of them at any
the
at
office
of
Girard
time
Trust
-
for
Philadelphia,
Co.,
Philadelphia,
bonds
The
Bethlehem
pledged
a
Co.
with'a
originally, in
lien upon 3,000
They
also
are
Mines. Co.—V. ..156, p.
shares
secured
1572.
of
by
'/
and
the.
Granting
Depletion
stock,
of
.
Sept.
Birdsboro Steel Foundry & Machine
Common for
on
$2,051,455
$2,488(214
102,160
1,262,998
5,850
1,015
1,009
;
income
70,659
13,740
38,062
Cr3,704
:
354,267
under
the
$83,956
$784,928
$661,415
tures
riot
debits
included
and
in
credits
applicable
above statement
to
but
156, p.
previous years'
The directors
on' the
capital
record Dec.
25
June
Nov.
on
stock,
declared
20
no
and
Sept,
last.
12.
24,
35
29,
50 cents.—V.
cents;
of
April
dividend
a
value,
par
1. .; Distributions
Jan.
of
the
payable
25 cents each
Payments
July
25,
Net
—v.
'
-
1942.
50
Dec,
12
1941
Oct.
cents
of
March
23,
on
were
25
24,
share
per
holders
to
made
were
during
and
25
of
Pacific
follows:-
as
cents
Blaw-Knox Co.—Declares
the
on
A
—V.
10 and
Dec.
made
was
cents each
15
of
10
holders
to
this
on
issue
cents
of
record
156, p.
!
corporation
A
Oct.
the
Trie
latest
production
displaying
the' issue, this
■stock:
year.!,.;;
the
During -1941
■!>.''
'.-;y
following
payments
the
on
effect
the
to
dividend
current
declaration,
1465. .>•■.!./>
^;
7\ /V77'"7
Borden Co.—50-Cent Year-End Dividend—V Y>-Y
\
A year-end dividend of 50 cents per share has been declared on the,
stock; payable
dividends
of
30
cents
) and Sept. 1, last.
p.
and
2
June
689., '
Sept.
Dec.
each
19
2,
30
holders, of record Dec.
;paid
were
Payments
each;
"
this
on
during
cents
•<--!•-
.
to
1941
and
issue
were
Dec.
on
March
2,
June,
March 3,
follows:
as
20,
.cents.--V.
50
J.'7'",'7';" YY\'Y.
in
,;
The
directors
outstanding
Nov.
arid
Feb.
25,
$3
Boston
a
dividend
payable' Nov.
with $3 paid
quarter
and $2
on
Feb.
from
25,
of, $5
30
to
$4
26.
and
1941.—V.
1941,
156,
to
600.
p.
25,
May
on
including
/
reports
$6,420,167
with
net
on
assets
July
of
31
{
$7,412,037
of
this
on
year.
Oct.
.Net
31,
1942,
asset, value
share rose from $11.66 at! the close of the preceding quarter to
on' Oct." 31 and the number of shares outstanding increased
per
$12.71
550,671
from
month.—V.
to
156,
a
p.
new
high
record
of
583,235. at
the
end
of
last
863,
the
In
of
75
cents
per
share has been
declared
on
the
common
payable Dec. 15 to holders of record Dec. 5.
This compares
$1 each paid on Dec. 15, last year,-and on Dec. 2.4,:1940.—V. 154,-
Stock,
with
p.
1050.
•
,
Navy
Board
and "gives
the
and
All
Navy
Board
Navy
is
the
Navy
"E"
for
for
for
1,104,078
™™™™™™_
542,278
69,124
127,584
$763,969
charges—-
during
$1,109,376
cost of deben¬
over
period
36,829
690.
;.!;'.,!■/.
10
of
payable
10
cents
and
of
record
11,. last,
Dec.
15. cents
31,
1942.
13,
June
156,
holders
to
Strip Co.—15-Cent Div.—
share has been declared
per
Sept.
on
March
on
18
12
paid
cents.—V.
20
Dec.
cents
$1,145,666
.-.J.;■
cents
15
36,290
$800,798
^
dividend
March
The
15 cents each;
Payments
during
Sept.
26,
the
on
1941
common
This
4,
June
on
compares
1942
19.
were
10 cents;
and
follows:
as
and Dec. 19,
777.
p.
time
of
further
continued
on;.
at
the
U.
23
plant,
it
;■
the
early
Reconstruction
of
building
from
Defense
Steel
Corp.'s
,
Dec.
30,
23
be
to
Wall
The
(2)
ICO
1,
1%%
:"•■■/,:;!/!'
%;;//
Nov.
on
has
23,
f ■.,;
;
.
to
offered
pur¬
J.
of
P.
and
office
interest
J.
of
P.
to
date
of
Morgan &
maturity,
Co.
pay*
Incorporated,
City.
trust certificates, due Feb. 15, 1943, at
of maturity, payment to be made at the
Broadway, New York City.
equipment trust certificates due March 1,
1943, at
to
dividends
and
100
for
equipment
.
Co.,
2%
The
(3)
at
the
York
dividends
and
100
at
New
Guaranty Trust
office
1943,
made
St.,
1942,
date
140
date
to
Morgan
of
maturity,
Co.
&
payment
to
be
made
at
the
Incorporated.
Earnings for October and Year to Date
Net
from
::7r
Net
■;-/-
ry.
1942
■••':;'!'■
1941
1939
1940
rallway™_ri: $17,583,677 $15,497,808 $10,964,352 $13,801,817
9.278,875
railway-^-™
income™^
oper.
7,387,706
.7,065,8387,756,126
.
4,675,574
3,160,524 ;
7,343.523
5,717,762
From Jan.. 1—" %:■■;:■'<
Net
Net
—V.
railway.— 150.553,937
from
Gross
from
ry.
124,829,915
112,079.062
96,978,245
71,577,174
59,126.271
49,955.310
40.392,460
.30,388,688
38,888,392
33,963,638
28,972,622
railway
income.^-
oper.
156,
1860.
p.
announced.
was
Chesebrough Mfg.
of
new
site
steel
to
Finance
Corporation,
also
is
conditioning and heat-treating
handle
These
also
the
tonnage
expected
are
from
to
the
be
new
operating
to
DPC-financed
facilities
install
for
units, Carnegie-Illinois, at its
pits,, pre-heating
furnaces,
soaking
handling
.
Monongahela,
mills.—V.
River
156,
p.
in
an
the
area
increased
tonnage
output.
Pennsylvania RR. tracks
between
the
main
plant
and
1739.
Co.
Consolidated—Extra Dividend
declared an extra
have
dividend of 25
cents per share
quarterly dividend of $1 per share on the common stock,
the usual
holders of record Nov. 27.
Like amounts
were paid on Sept.
28, last.
■
'' '
In each quarter from March
27, 1939, to and including June 29,
1942. a regular of $1 and an extra of 50 cents were paid.—V, 156,
both
Dec.
payable
14
to
_
p.
the
plans,...to-
directors
The
and
"■ ?
spring.
auxiliary
bar
due Feb,
G-2,
ment
operating
unit has a .capacity of 3,380 tons a,
larger sister furnaces, now under construction in the
will .add almost three
times
the
capacity
of
the
.expense,
the
announced
retirement, any and all of the"
following securities: ;..'':>•■/'('/■*.y./yx■•■'. '.V
'
(1) The refunding and improvement mortgage 0.60% 'bonds, series
October—
Nov.
!;:!!ri'/;':;ri
•
was
before
or
Gross from
Carnegie-Illinois
Steel
S.
it
affixed.
stars
•
.
soon
on
outstanding
privilege of
the
with, two
Maturity—
company,
chase
Pennant
'/'W
company
Pennant
first
the
"E"
burgee,
granted.
was
The Duquesne works expansion extends from
to
777.
■
."'/-/
■
'
Chicago Burlington & Quincy RR.—$3 Dividend—
dividend of $3 per share has been declared on the common stock,
A
payable Dec. 22 to holders of record Dec. 12.
Distributions of $2 each
were
made in December of each year from 1937 to arid incl. 1941, as
compared with $4 in December,
1936.-—V. 156, p. 1687."
..Carpenter Steel Co.—50-Cent Interim Dividend—
The
directors
.share
per
on
the
on
Nov.
common
24
declared
stock,
par
interim
an
$5,
dividend
payable Dec.
11
of
to
50
cents
holders of
yecord Dec. 4. A similar interim dividend was paid on Sept. 11, last.
During the last fiscal year the company made the following pay¬
ments:
Sept. 20 and Dec. 19, 1941, 50 cents each; March 11, 1942,
50 cents, and June 11, 1942, a final of $1.—V. 156, p. 1739.
r
dividend
91,477
347,857
new
Two
addition
and
-
Bourjofe, Inc.—75-Cent Dividend—
A
flowed
at the Duquesne
electric-producing units.
v
;
the
effort,
'joint Anny-Navy
new
DPC." subsidiary
the
■
the
unit.
own.
share on the
holders of record
per
Aug. 25, last;
on
May
Flag
Later
war
the
plants
/"
! '
;;
that
Ph.," was
first
financing
j;'.
Fund Inc.—Asset Value—
The "company
compared
declared
compares
each
1942,
.
stock,
common
This
13.
1942,
have
56,099
330,777
debs.
™-^™/._™__^^ri_^—
principal amount
156, p.
with
building,
first
in
The
of
full operation
month.'
"-
156,
YY:
•
(The) Boss Mfg. Co.—Larger Distribution—
:
$4,643,000
a
new
electric furnace at nearby
brought into production.
■
;
/
Scheduled to:yield^'.more
than 160,000 tons annually of the highgrade- alloy-steels used in/the manufacture of guns, shells and air¬
plane parts, a battery: of .three new electric furnaces is expected to
same
Interim ;
5.
announced
Ordnance
1941.
achievements,
Molten .steel
be
common
24,
company's
award
the
Duquesne,
/h
will'
arrearages
/V"';7/>
21
'!., Plant, Corporation's ,huge-expansion
J Monongahela Valley facilities when
preferred
t
April 1, July 1 and Oct. 1, $3.50 each, and Dec. 2-3, $1.75.
%Giving
total $14 per share.—V. .156, p.
..
* '•
" r' % i'-v
made
were
Nov.
on
V New Electric Furnace in Production—
;/V The. directors have declared a dividend of $14 per share on accountof. accumulations on the 7% cumulative preferred .stock, par, $100. pay¬
able Dec, 11 to holders of record Dec. 4. ; This! is the only payment
on
after all
profit
stock,
1Q41 ■'
$5,263,000
Bureau. of
announced
7,
Blumenthal &. Co., Inc.—$14 Preferred Div.
(Sidney)
1Q40
.
Production, Awards
has:
renewed
its
recognition
of
the
company,
granting the additional/right to fly the joint Army-Navy "E" pennant.
The previous, awards-., to
this -U. S.
Steel
Corporation subsidiary
recognizing
as
7, July
gold
Government-™
purchased
Prior to
■ri;/'7;:!/•■;/■>■
1859.
p.
included. the
2.
Dec,
last,
Aug/: 1,
on
1.
156,
The
share
per
1942, and on April
1858.
May
on
1941.—V.
23,
dividend
a
7
Carnegie-Illinois Steel Corp.—Army-Navy "E" Award
;
10-Cent Dividend—
declared
20
payable -Dec. .23
distribution
compared with
Oct.
stock,
common
similar
.
Nov.
on
;
Traffic v:ea;rriings'/L2.7—
i
The: directors
217,894
$2,218,572
and
each,
Ry.=—Earnings—
x!: Week Ended November 21—
report of third quarter and nine months'
earnings pending passage -of the Federal • tax law.—V. 156, p. 1014.
!
198,743
$2,324,046
1015.
156, p.
A;;;?/.-'/.
-•
$2,000,677
Chesapeake & Ohio Ry.—Offers to Acquire Securities
Canadian
of
12,803
f
profits taxes;
Chamberlin Metal Weather
Co.—Reports $1.81
Act
Revenue
fund
excess
government
in detailed
appear
1413.
Campbell, Wyant & Cannon Foundry Co.—50c. Div,—
f.
10-Months of 1942—
provisions
States
Net income
•
analysis of surplus in annual reports.—V.
withheld
company
$2,125,304
„„™_»._™_j;™™™„_l
sinking
income and
.Canadian
114,936
$98,341
are
408,878
' '
■---;•/%*.
-
Note—Miscellaneous
deductions,
for
United
75,160
15,361
.
14,175,256
8,446
/
2™'™™_/_™™A™%™™™™,™
5%%
on
Provision
1
operations
Company reports for the 10 months ended Oct. 31, 1942, net earn¬
ings equivalent to $1.81 per share on 200,000 outstanding shares of
(no par) common stock, after all charges and Federal taxes as esti¬
The
14,839,587
expenses™
499,349
income
Interest
1,238,044
"Including excess profits tax.
>V,7;!;Y7////
1941
allowances). $17,472,686 $16,597,615
gen.
™_.™.™.™™___/™™™._/.™...™
Miscellaneous
$2,103,294
"
•
mated
1942
and
selling, admin. &
51,840
$189,271
.'- 5,914
deductions
Dec.
>
$2,446,134
42,080
$244,669
Net income
■
approxi¬
par $1, payable Dec. 15 to holders of record Dec, 5.
This com¬
with 25 cents paid on March 16, last, and on March 15, June 16,
15 and Dec. 15, 1941.—V. 149, p. 1319.
/;
pares
Subs.)—Earnings—
Operating profit,'™
.Other- income ■™™i™.._™/™-™2;.:A™'™_™_
'
&:
/.:taxes
.
Berghoff Bre\ying Corp.—To Pay 35-Cent Dividend—:
A dividend of 35 cents per share has been declared on; the common-Y
»'
sales,
Excess of
stock
,
;;!'■ ;/•'■
disct.
expense
of the Bethlehem plant
.
5,252
"
debt
"Prow for -Fed.
capital stock of Juragua
of Bethlehem-Cuba Iron
the
bond
$184,019
2,990
(net)™—
101,337
Miscell.
1942,,
at
or
transmittal letter.
for capital
mortgage lien upon
exchange
Co.
They are a first
in acreage of the Lehigh Division
mately 55%
Iron
together
issued
were
Iron
$241,679
revenues
income
of
Amort,
them.
before Dec." 15,
or
on
of. the Pennsylvania Co. for Insurances on Lives
Annuities,
by
office
oper.
income
Gross
181
(&
Depreciation
than, Fed."/_.L™I_ v;
.Interest
of
of
Total
Bondholders desiring to accept the offer may receive the price of their
either
Net
Other
..'■>
;\w.
.
price
1687.
p.
Sept. 30— *! ;; .
freight, discounts
(less
Cost
$1.50
use
management > to
Bethlehem
arbitrary
an
must
156,
™_™™
-
If
$3,876
621,072
expenses™
the
provision in the current tax bill which permits corporations pay¬
ing excess profits taxes to utilize immediately their 10%
post-war
refund to retire debt.
'/>
v>',
v.
•
9 Mos. End.
Sales
M 900,650
taxes
for
'f.i.™™-.:!-
Certain-teed Products Corp.
1941
$5, 404,609
149,467
income
Prov.
by
prompted
$5,872,030
18,528
.
other
*
1942—12 Mos
$458,275
133,602
;
oper.,
Taxes,
:
$511,126
income
1941
«Deficit.—'V.
Co.—Earnings—
1942—Month—1941
Sept. 30—
revenues
Other
like
Power
(And subsidiary, Interstate Telegraph Co.)
Period End.
^
offer,
Electric
in
•••;/!;;!!■■. 7
■:!'
■
California
Bonds
-
made,
1015.
p.
!:; //':,■■'/
purchase-money mort¬
Steel Co. at 181 flat,*
.'";!> -//■'././■,-:>
outstanding,
The
bonds
recently
the
,
Bethlehem
bond.
of -these
Corp.
156,
Operating
1998; Of
1,
$1,000
$7,500,000
are
U.
due Aug,
22,
Net
—v.
:>.://■-■■■■■
corporation
6 if
gage
the first dividend since Dec.
is
the majority, of them foreign.;
Bethlehem Steel Corp.—Offers to Redeem 6%
•
.
$6
Distributions
were
the
stated.—V.
Anti-Trust
ment,
and
on
of
arrears
the
on
30.
Arrearages
while
..
interest
and
distribution
Federal District
national
$6
series
of
Ltd.—Plan Ap¬
■'
->Y
l
of
Canadian
amount
1943.
record Dec.; 1.
ration
series
per
holders
Bucyrus-Erie Co.—10-Cent Common Dividend—
i',!,:4-.-,-/
Bcndix Aviation Corp.—Anti-Trust Action
$1.37'/a
to
unpaid interest to May 1, 1942, shall
the issue to each bondholder of addi¬
(1)
Canadian, United States
$12,037,418
7,582,429
''ii.'!%
156, p. 1322.
of
31
on
8,047,331
;
$1,339,464 $11,672,137
828,419,-
bonds
all
by.
principal
40,940,734.
9,313,270
in
paid
Pulp & Paper Co.,
that
paid
17.22%,. in
mon
44,946,621
dividend
share
Nov.
1,
1942—9 Mos.—1941
,
Dec.
share
per
dividend
payable
were
cents
■
$6,892,358 $66,068,114 $61^154,198"
15.014
'
136.086
..128,715
19,605
5,056,618
taxes
;
quarterly
both
-...;..
provides
last,-'
1,
April
on
25
19 declared dividends of $1.75
per share on
stock, $7 dividend series, and $1.50 per share
preferred stock, $6 dividend scries, in addition to
lien
on
per
record
-!,..„
,
.Dis¬
8.
July
each
$1
Nov.
on
preferred
prior
payments
held, 18% to be paid in 1942
'■;,.7-/ ;7!■', :
The plan also provides that interest accruing between May 1, 1942
and May 1, 1945, shall be deferred until Nov. 1, 1945, and payment of
Pennsylvania—Earnings
$7,359,519
rev
and
.T
of
!';'.■/,!%
and
and
35.22%
com¬
r• r. ■•%/
.1942—Month—1941
,
1
cents
stock,
ft/./-
•
plan
held;
■
record Dec.
on' April
with" 25
the, usual
Columbia
funded
be
and
share oh the
per
directors
prior lien
the
on
1859.
p.
dividend
a
Like. amounts
1738.V
arrears..
the;
A
expenses
operating
U The
Central & South West Utilities Co.—Accrued Div.—
.
general mortgage sinking fund gold bonds on Nov. 24
unanimously/approved a plan providing for liquidation of interest
»', %'•'%:% -:-y;:%>.
to holders of
22
were
compared
as
income
—V.
.
common
Holders of 7%
"V
•'■■
on
and
preferred
16.
Dec.
156, p.
declared
proved— '
hone
■
made
were
stock,
common,
share
com-,;
last;
'■'•■J,
each
.
1941.—V, 156, p. 1858.
Operating revenues
Uncollectible oper.
Operating
Operating
dividend
a
Bell Telephone Co. of
Net
the
on
the
directors: have
The
•
1, June 2, Sept. 1 -and Dec. 1, 1941.—V. .156,:
$1, payable Dec.
par
of
Dec.
on
Net
declared
and
Nov.; 20.
record
Jan.
on
the
on
r,
cents
•■
directors! have declared
tributions
and
been
Bridgeport Brass Co.—25-Cent Dividend—
,
Bath Iron Works Corp.—To Pay $1 Dividend—
-The
share has
per
share previously each quarter.—V.
per
British
mon
cents
the
Barlow & Seelig ]Mfg. Co.—20-Cent Common Div.—
A
50
1949
stock,, par $5, payable Dec. 19 to holders of record Dec, 8.
A similar
distribution was made on Sept. 19, last, as compared with 75 cents
terms
of
of
,
of eacli debenture is. equivalent in the aggregate to,
principal amount thereof and will represent all current,
interest; at the rate of 6>% per annum to said respective dates, plus
lVa'///' "additional interest", for the year,
■Upon surrender to the Commercial National Bank & Trust .Co. of
Sew York, 46 Wall St., N. Y. City,' of coupon No. 21, on or after;
Jan. 1,' 1943, and of coupon No. 22, on or after July 1, 1943, accom¬
panied by duly executed ownership certificates, an amount equivalent1
in each case to 3%%
of the principal amount of the debentures to„
which such coupon pertains will be paid.—V. 154, p. 1629.
Yhich
dividend
A
interest on the 15-year
participating income debentures on Jan. 1, 1943, the sum of .$82,500
and,as interest on the debentures on July 1, 1943, the sum of $82,500.
The
commercial a financial chronicle
Catalin Corp. of America—10-Cent Dividend—
A
dividend
stock,
payable
payment
June
10
16,
cents
this
10
on
of
cents per
10
Dec.
year.
cents,
to
15
share
holders
-Distributions
and
Dec.
15.
has
of
15
been declared
record
Dec.
during
centst
In
1.
1941
1940
July 10 and 15 cents on Dec. 15.—V.
on
This
were
the
156, p.
as
capital
the
follows:
company
1859.
only
paid
Co.—Abandonment
certificate permitting abandonment by
the trustees of the company of a branch line of railroad extending
from a connection with a line at Lawton to the end of the track at
Grandfiekl,
approximately
33.96 miles, in Comanche and Tillman
Counties, Okla.—V. 156, ,p, I860.
The
ICC
on
Nov.
9
issued
Chicago & Southern
the
is
Chicago Rock Island & Pacific Ry.
Dividend
on
a
Air Lines, Inc.—To Pay 25-Cent
— To
Retire Convertible
Common Stock
Preference Stock—
The
directors
have
declared
a.
dividend
of 50 cents per
share oit
THE COMMERCIAL & FINANCIAL CHRONICLE
1950
Dec.
10,
and
on.the
able
r
7%
1
Jan.
Colonial Utilities Corp.—Earnings—
the regular quarterly dividend of 17 V2 cents per share
cumulative convertible preference stock, par $10, payholders of record Dec. 1,
On June 30, last,, a dis¬
to
Fro
for
share was made on the common stock,
June 30, 1939, when 15 cents was paid.
convertible preference stock has been called
for redemption on Jan.
1, next, at $12.50 per share.
Conversion
privilege expires Dec. 31, 1942.
If conversion takes place during
period from Dec. 2 tp Dec.. 10, preference shareholders who convert
their holdings will be entitled to receive dividends, both on prefer¬
ence
and common stocks.
Each share of preference stock is con¬
of
tribution
Which
cents
50
New Appointments
John
A.
constituted,
'issued under thfe
Operating
r*
Federal and State income taxes™
Utility
Louis,
St.
& Co.,
Niven
Other
;
—
——
.—
18,847
■
1™—
operating income—T
(net)
"
—_
—
34,600
,
,
$133,971
5,818
——
Mo., auditors, has been appointed Treasurer, and Robert H. Bolander,
and General Counsel of
has been appointed Acting General Counsel.
duties of Mr. Culbert who becomes associated
Culbert,
Jr.,
Assistant
to
the
Air
company;
Line
A.
Both parties will assume
with
Airlines
American
as
Vice-President
Retirement reserve accruals
Vice-President.
also
announced
activities
that
in
company,
Kenneth
La
Total income deductions
Vice-President,
Barre;
letter
the
that
announces
that the,bdard had
indicates
additional
interim
be
not
In
Last
.
litigation
and
uncertainty
the
disbursed
May 15, 1941.T—V, 156,ip. 864.
on
,
for, the. week, ended
Commonwealth Edison
21
Nov.
registered
a.
14.0%
corresponding period last year.
.
•
Following are the, kilowatt-hour output totals of the past four weeks
and percentage comparisons with last year.
"
/
Nov.
2l—_
31™—™—
Nov.
so
7—
——
!—
Bonds Called for
.
1941
169,458,000
170,325,000
172,047,000
171,190,000
161,307,000
5.6
160,361,000
150,186,000
Commonwealth
for
Counsel
an extra dividend of 20 cents per share
stock, payable Dec. 15 to holders of record Dec. 4.
distributions of 15 cents each were made on Aug. 14 and
13, last, as compared with 10 cents each on Feb. 13 and May
common
Preferred and
Cincinnati Gas ,& Electric Co.—Income Statement—
Operation
415,678
——_
*287,004
t715,094
profits taxes.—
excess
Other taxes
616,721
—.
common
the
in
Net operating .revenue.——f—_., —$1,415,259
2,798
Other income
of
dividend
common
Balance
,
500,000
——
paid————J—1—
$570,411
would
and'
income
company
stock
common
be
based
on
for
to
present
their
be
received by
market
relative
two, companies, and the respective amounts to be
a ratio of 95% to preferred stockholders and 5% to
stockholders.—V. 156, p. 956. .;
$4
of
per
share
Electric
&
Southern Corp.
—
$100 to $10
A
it
is
hoped
to
on
on
payable
Dec;
disbursed
on
to holders
19
Oct.
i, last,
of
record
3.
Dec.
A
like
have
A
dividend
of
$28
per
share has
been
on
the
7%
net
►
*-
of
Statement
income
Consolidated
thereafter
$
Gross
revenue
Operating
'
the
bulk
of
its
normal
business
almost
extinct
company. is
asking stockholders, to approve
liquidation of the company at a special meeting Dec. 1.
A letter
due
a
to
for
to stockholders
sent
by H. S. Solomon, President, says that
company's outstanding discounts, small loans and wholesale, de¬
clined to approximately $5,570,000 on Oct. 31, last, from about $11,780,000 on April 30, 1942.
decline
the -.volume
of
was
due
consumer
which the company
almost
credit,
entirely to the general shrinkage in
particularly in automobile paper, in
specialized, and the rapid repayment pf outstand¬
ings. > In the fiscal year ending Oct. 31, 1941, over 70% of the volume
of the company's business Was x*epresented by the purchase of auto¬
mobile
now
paper,
wholesale
almost extinct."—V.
and retail, from
155, p. 188.
dealers.
That
business
is
year,
compared with 50
as
cents on Dec.
Crown Drugr Co.- -EarningsYears Exxd. Sept. 30—
and
1942
allowances
of
1941
1940
1839
$8,778,426
$8,435,988
$8,032,147
,
$9,349,326
6.603,347
2,623,993
goods sold—
,
6,014,561
5,715,454
2,274,370
2,232,799
$151,509
$147,056
30,314
18,913
21,407
13,623
$180,427
$200,736
$182,086
$120,489
2,228
2,009
2,317
1,607
2,407
3,565
1,007
trading-
6,157,708
$121,986
39,060
.
2,469,209
19,381
expenses.
income
Total
3,137
8,324
.
on
gross income..
real est. mtge..
on
notes payable..
"
.
2,020
'
Rentals
$83,894
19,870
16,724
:
1,252
sufficient
to
pay
deprec.
(including
1
.
Common
.
'
on
13~30O
$147,141
42,574
$139,763
47,855
$89,294
43,864
44,244
$122,686
\
6,615,591
70,204,040
67,495,164
1,724,300
22,015,756
.16,373,861
19,976,180
15,398,091"
30,095,038
19,822,003
income
4,032,362
3,837,747
47,105,459
1,377,858
1,527,558
17,830,899
46,846,811
20,093,758
:
.,r
-
,
Sheet,
Sept.
30,
1912
receivable
Accounts
Other
(less reserve)i
receivable
accounts
——a™—....
(less
*
684,731
257,577
7,256,630
992,959
—
1,075,799
10,296,014
12,214,702
11,721,916
income
156, p. 1861.
$276,326
•
12,883
—:—.../
reserve)..—:
50,209
....—
Life
insurance policies (cash"surrender value)—;—...—.
Inventories of merchandise on hand and in transit—
11,310
1,196,944
Notes receivable
(less: reserve)—
Employees' accounts receivable -(less, reserve).———.u. ::
1-.:
79,772
.
utility deposits;..
—
—
Total
First
2,036
-
—1
——
and
2,000
30,649.
i..-..'604,610'
for amortization.).—
110,409
....
—
,
assets
1,335
———,
——
$2,378,482
—
$410,763
,
.
accounts
—.111—.—.
payable—
mortgage note
(due within ohe year)—
1,000
—.
liabilities
Accrued
132,688
Provision for Federal-and- State income taxes.
Notes
4%
*7%
payable
to
stock
Capital
50,000
bank.
60.00C
1st mortgage real estate.,note—
cumulative convertible., preferred
Common
45,0t'
—
stock..
^
60$<200
CO,610
...
surplus
surplus
Earned
Treasury stock
Total
', 390,522
*
574,010
Dr4,312
_
——
__Z—
—
•Outstandiiig 24,328 shares of $25,
$2,378,482
par value.—V.
15jz p. 1772,
5lans Sale of its
As^ets—_.iis company entered into a contract with the Joshua Hendy Iron
of Sunnyvale, Calif., for the sale of its assets,, including its
Works
Congoleum-Nairn Co.—Special Offering
Co. made
—
Shields &
special offering Nov. 19 of 21,400 shares of
common stock (no par) at 16% with a special commis¬
sion of 35 cents a share.
The offering, announced at
2:33
on
a
the floor
was
oversubscribed.
The books
closed at 2:48 p.m. Bids were received for
and allotments were on a basis of 66.5%.
176
were
32,953 shares
There
were
purchases through 39 firms, with the largest allot¬
amounting! to 3.045 shares and the smallest to 50
ment
shares.—V. 156, p. 1771.
goodwill,
for $3,200,000 in cash and the assumption by
its liabilities.
W.
also
be
asked
Liquidating Co. and to
possible.
to
C.
as
to
S.
all
change, of the name
liquidation and. dissolution
approve
rapidly as
Edward
Hendy of
-
Stockholders. will
Perot,
President,
approve
says
,
.
/
,
in part:
"If and when the Hendy company fully performs the terms" of the
there will be available for the-Crocker-Wheeler, stockholders
approximately $11 a share for their stock, less Crocker-Wheeler's
pro rata share of expenses incurred In connection with the proposed
sale and the final winding up of its affairs, and whatever adjust¬
contract,
ments
may
-
V
.
and in bankSi—
Crocker-Wheeler Electric Mfg. Co.Net
\ )
/
Assets—
Cash ort hand
11,720,791
2,817,560
976,813
—
share for the fiscal year ended Sept.
,compared, with $0.23 for the corresponding
•,
of
976,813
53,420
44,244 ;
common
as
,
Balance
Trade
.
'
1,480,690
deductions
26,300
42,574
*
Note—^Earnings per
1942, were $0.18
period of last year,
Leasehold
3,034,360
stk.
2,876
313
45,150
50,000
dividends.
dividends.——
Prepaid expenses
taxes
pfd.
3,461
427".
1,150';
taxes
Leasehold improvements (less prov.
1,929,555
1,467,918
645
inc.
30,
:Flxed
6,066,658
1,366,496
Interest
Divs.
State
: Net income
&
—
taxes
Gross
&
Liabilities—
$
fixed
,—:
deductions.....
Preferred
Subsidiaries)
$
of
11,358
:
•
income & excess
profits
...—
sale
on
'. assets
a
1942—12 Mos.—1941
$
unoccupied
on
buildings
war
plan
the
"This
General
Federal
—V.
conditions,
last
1,
Int.
16,429,431' 15,126,246 185,794,155 169,538,250
j.
expenses—
for
Prov.
Other
Finance Co., Lima, O.—Stockholders Asked
to Approve Liquidation—
With
Income
1942—Month—1941
subsidiaries
*
Colonial
Dec.
dividend of 50 centsf per share has been declared on the com*,
stock, payable Dec. 14 to holders of record Dec. 4.
This bomwith 30 cents paid' on Nov, 21, last year, and 75 cents on
Dec. 15, 1936.—V. 156, p. 1604.
Investments
Period End. Oct, 31—
cumul.
156, p. 1466.
$1 per share has been declared on the'common stock,
to holders of record Dec. 3.
A similar distribution
23
on
Int:
par
and $1.75 each on Feb.'10 and May 1, 1942.—V,
In
pares
..
Dividend Accruals
declared
,
.
1940
$798,737
$1.38
Crosley Corp.—50-Cent Common, Dividend—
;
the preferred
amount
$100, payable Dec. 14 to holders of record Dec. 7.
This will clear up all accumulations on this issue.
1
On Nov. 10. last, a payment of $21 per share was made on the pref.
stock, as/compared with $14 on Sept. 10, 1942; $3.50 on Aug, 10, 1942;
stock,
$1,250,588..
tax,
Net Inc. fr,
The'weekly kilowatt-hour output of electric energy of subsidiaries
of this corporation, adjusted to show general business conditions of
territory served for the week ended Nov. 19,
1942, amounted to
223,758,656, as compared with 191,021,683 for the corresponding week
in 1941, an increase of 32,736,973 or 17.14% .•
amortization
pref.
~
1941
"
$1,224,093 ';
$2.21
A
.
Other
•
as
Clinchfield Coal Corp.—Wipes Out
,
profits taxes,
the. Revenue Act of
Other operat. revenues.
Share-
Weekly Output—
against 62,/a-cents each on April 1
and July 1;. 1942, and on April 1, July 1, Oct. 1 and Dec. 20, 1941,"
prior to which the company paid 50 cents per share each quarter.
In addition a year-end distribution of 50 cents per share was made
on Dec.
20, 1940.—V. 156, p. 1860.
was
,•
•
mon
Fed.
common1
dividend of 50 cents per share has been declared on the
stock,
.
excess
Dec,
made
was
Would Reduce
per
,
Co.—50-Cent Div.—
Illuminating:
1942
*$873,336
$1.85
share
per
dividend of
payable
Cost
This action,
1941; $3 on June 25, 1941; $5 on Dec. 20, 1940; $3 on
1940, and $4 on Dec. 22, 1939.—V. 156, p. 1603.
Cleveland
/ ^
,
Crane Co.—To Pay $1 Dividend—
'
stock.
Since corporation has-out¬
standing 1,500,000 shares of preferred stock, the contemplated reduc¬
tion in stated value would cut the.stated value figure from $150,-.
000,000 to $15,000,000. .
$5 on Dec. 20,
June 26,
L
J
^
...———
profits
Miscell.
75-cent dividend
excess
dividend
~
Loss
and
the
common stock, par $20, payable Dec. 19 to holders of record NoV, 30.
A similar distribution was made on June 24, last, as compared with
a
from the New
j
-
It is estimated, Mr. Whiting added, that the corporation's 1942 net
Income will be sufficient to pay an additional dividend of $2 a share
156, p. 1860:
declared
i ■!..
.
Gross sales, less returns
,
have
■"
1942 the • company's liability for
computed in accordance with, the
1942,. amounting to $1,037,509, in¬
cludes $387,917 income taxes and $649,591' excess profits tax.
.
ton
514,864 shares of common stock;
JBefore restoration of prior years*
tax reserve of $362,753 and before a special charge of $233,503 for
depreciation and obsolescence for the year 1941.—V, 156, p. 692,
the
Cincinnati, New Orleans & Texas Pacific Ry.—$4 Div.
directors
■*/"■/,
'
Sept, 30—
provisions of
holdings.-
"Promptly after the application becomes effective," Mr. Whiting
said, "a special meeting of stockholders will be called to take the
necessary action.
It Is hoped that the forthcoming dividend may be
paid early in the new year.":
1
: ^
The
listV1.-
.
income: and
Common¬
values of
equivalent to 10% of Federal
the earnings for these periods
accordingly
,.
.
pesos)" has been removed
2
23, 1940.—V. 156, p. 1468.
-
representing estimated post-war credits
and
(par
Exchange
income
sarily transpire before the consummation of a plan of recapitalization
company."
fThe provisions for Federal excess profits taxes for the three months
and twelve months ended Sept. 30, 1942, have been reduced by $244,000,
taxes,
v.-
.
9 Mos. End.
of the
•
profits
14
were
it desirable
however, Mr. Whiting explained, will not result in any
change in the liquidating preference* the redemption price, dividend
rate; or priority • rights of the preferred stock.
No dividends have
been paid on the preferred since April of this year, and prior to that
time—dating back to January,. l935--divldends were paid at only Half
rate, or $3 a share annually.
:
'
include this amount.—V,
share, has been declared on .the capital
• to: holders
of record Dec. 3.
Pay¬
Dec.
each-
.
Curb
"The sole purpose of the proposed action," Mr. Whiting said, "is to
facilitate the payment of dividends on the preferred stock presently
and. from time to time thereafter during the period which must neces¬
actively to Jan. 1, 1942..In the first six months of 1942, tax accruals
were in excess of those required by the Revenue Act of 1942.
excess
1861.
p.
'
profits taxes for the
three months ended Sept. 30, 1942, include amounts necessary to adjust
accruals for the first nine months of 1942 to the rates imposed retro¬
Federal
for
the
the
Whiting, President of the corporation, announced Nov, 24
that directors had approved the filing with the SEC of an application
calling for a reduction in the stated value of outstanding $6 preferred
stock from $100 to $10 a share.
profits taxes for the periods
ended Sept. 30, 1942,• were at the rates specified in the applicable
Revenue Acts/including the rates imposed, retroactive to Jan. 1, 1942,.
by the Revenue Act of 1942 (which became law on Oct. 21, 1942).
Accruals
156,
Justin R.
♦Accruals for Federal income and excess
>
York
on
Commonwealth
$1,367,223
.347,646
.
—
—-
15 cents: per
payable
cents
capital stock
Operating
$4,820,071
13,695
—
,
the
the
received based
$4,833,766
1,466,542
2,000,000
$1,418,058
—
Interest and amortization charges
Preferred
<
„—.
Gross income
advised by the SEC that
proposed merger between
been
Value of $6 Preferred from
————
and
Executive
the
stockholders of Commonwealth would reecive
merged
such
of
amount
The
A
company has
not object to
stockholders
assets
2,703,482
*1,648,948
f2,904,312
2,445,228
822,025
Provision for reth'ements
Federal income taxes-;™...
Federal
total
wealth
13,969,356
1,715,926
3,221,165
————
Maintenance
The
$6,918,940 $31,207,327
1
—
stock
common
12 Months
Months
3
the
would
List—
..
,
1603.
.
companies.—V.
of
made on June 18 and Sept. 14, last.'
against 25 cents per share each quarter from-March 14, 1941-to'
and including March 14, 1942.--V. 156, p. 1771.
excess
to submit
an outline of the proposed merger to the SEC prior to formal adoption
of a merger agreement and submission' thereof to stockholders, accord¬
ing to C. E. Bodurtha, Secretary of Commonwealth.
Capital structure of the merged company would be all common
stock, and the company would be an "open end" investment company
with stock redeemable at the request of holders, he said.
The directors have declared
i
these
Chairman
of
Chairman
formerly Vice-Chair-'
♦After all charges, including income and excess profits taxes,
In
1941 Federal and State income taxes amounted to $788,747 and Federal
Payment-
company and the Investment Co. of America.
The managements of the two companies felt
Dividend—
Regular
Gross revenues
office
Light
Electric
of
offices
-
as
Securities, Inc.—SEC Has No Objec¬
tion To Merger—
Commission
Period Ended Sept. 30, 1942—
$5,
12]/2
fEarnings
7.3
have been called for redemption as of Dec. 30, 1942,t a total
$1,000,000 of first mortgage 3 V2 % bonds, series 1, due June 1,
1968, at 105(4 and interest.
Payment will be made at the Continental
Illinois National Bank & Trust Co., successor trustee, 231 So. La Salle
St., Chicago, III.—V. 156, p. 1861.
calls attention again to the fact that the company has
to meet" the maturity of the remaining $2,239,000 principal,
unexchanged debentures.
Calling attention to the improve¬
ment in earnings for the first nine months of this year, the letter
concludes:
"We believe it will be obvious to you that the continuance
of the company as a going concern, with goodwill and reputation unim¬
paired, can only be achieved by prompt exchange of your debentures
and those of all other holders."—V. 156, p. 1687.
-
par
of
14,0
of
letter
156, p.
dividend of
♦Net
There
funds
15, 1942.—V.
of
Yonkers
The
the
Copperweld Steel .Co.—Earnings—
5.2
amount
Nov.
A
% Increase
161,016,000
-
the
each
and
electing Mr.-Fogg,
•
stock,
ments
Output—
1942
14—™
Nov.
It was the belief of the.
the sinking fund were fully complied
advised by counsel in 1934
and subsequently.
Furthermox-e, it adds, security holders were adVised of the procedure in annual reports since 1934.
As a result of the decision to satisfy the decision of the court, the
letter, states, an additional and entirely unexpected heavy burden has
been placed upon the company's current cash resources.
on
Co.
abolished
the-Board-,
newly, created
.
—Kilowatt-Hour
•Week Ended—
company that the requirements of
with and the company, it states,
Chilton Co.—20-Cent Extra
also
of
Continental Oil Co. of Mexico, S. A.—Removed from
of companies
increase over that of
group
the
Oct.
The
the
to
Lighting
directors
Continental -Diamond Fibre Co.—15-Cent Dividend-—
.
Commonwealth Edison Co.—Weekly Output-—
Electricity output of the
had
bonds for the sinking fund payments.
The letter to bondholders points out that
-
Co.
Committee of
$1-50 on March 31, 1942,
Payments during 1941 were as follows:;
March 31, June 30 and Sept. 30, 50 cents each, and Dec. 20, a year-end
dividend of $1.50 and an extra of $4.50.
An extra of $1 Was also
issue
of 5%
gold. debenture bonds and directed the' company to pay into
the sinking fund $423,000 in. cash or outstanding debentures.
Ruling,
in a suit brought by a minority shareholder, the court held, that the
company was in error in Using unissued bonds instead of outstanding
no,
Westchester
Power
year-end dividend of $1.75 per share has been declared on the
stock, payable Dec. 19 to holders of record Dec. 1.
This com¬
pares with 75 cents paid on Sept. 30, last; $1 on June 30, last, and
and
in the"
and-would
Supreme Justice Walter ruled that the company
comply with the Sinking fund provisions of the 1928
was
Vice-Chairman. of the Board were-abolished./ The Board indi¬
cated that in all other respects Mr. Tapscott and Mr. Fogg would
perform "their respective duties as heretofore.
Similar action was taken by the boards; of directors' of the other
System companies, of 'which the late Mr, Carlisle served as Chair-v
man, namely, Brooklyn Edison- Co./ Inc., and New York & Queens
Electric Light & Power Co. ■
'
1
-
Vice-Chairman
expenses
month
to
failed
and
Would" exist
that
in
the
Executive
A
considered the advisability
all probability hamper the exchange, plan
best interests of the debenture holders.
would
$48,192
Ralph H. Tapscott;,,
Officer, thereby succeeding fo the
the' late1 Floyd L, Carlisle.
Oscar H. Fogg/
Vice-Chairman of the Board, was elected to the newly created post
of Chairman of the Executive Committee.
The offices of Chairman
common
has
company
appealing the decision and concluded that the, large
of
.
company-!
applicable to parent
Colt's Patent Fire Arms Mfg. Co.—$1.75 Dividend—
Comply With Judgment of Court—
to bondholders over the signature, ot
judgment.
The
—
trustees of this company on Nov. 24 named
man,
letter
a
President Named Chief Executive Officer—
The
President, as its Chief
responsibilities held by
The
sufficient bonds to meet the recent court decision and that
board has authorized the officers of the company to comply with
the
*
——
(as adjusted)
—V. 156, p, 1016.,
Balance
.
acquired
the
61,264
$78,526
30,333
•
———,—-v.™—
—
has
Childs Co.—Will
-The
income
Gross
the rapid .expansion of the company's
required the establishment of a personnel
department, and the appointment of Edward C. Schulz of Chicago,
as director.
His headquarters will be at the company's general offices
at Memphis, Tenn.-r-V, 156, p. 1414.
is
It
wartime
———™™—J—$139,790
income
Gross
Inc.—Output—
The company announces, that System output of electricity
(elec¬
tricity generated and purchased) for the week ended Nov. 22, ,1942,
amounting to 154,900,000 kwh., compared with 154,900,000 kwh. fox*"
the corresponding week of 1941/ no variation.
Local distribution of
electricity amounted to 151,300,000 ; kwh., compared with 149,100,000
kwh. for the corresponding'week of last year, an increase of 1.5%.
■"
—.—
——™——:
..
income
$422,669
197,724
37,519
—„
:—
—
Other taxes
Touche,
with
-.J—;—i.
revenues
Operation
Maintenance:-
Announced—
associated
Nooney,
Consolidated Edison Co. of New York,
.
Statement of
Subsidiary Companies
Ended Sept, 30, 1942
Period
to show results from operations of the properties, as now
and annual interest requirements on long-term debt
plan of reorganization dated as of July 1, 1941.)"
(Adjusted
the outstanding
vertible into two shares of common stock.
!
Income
Months'
12
the
per
since
first
the
was
,
of
All
Combined
Forma
.
Monday, -November '30, 1942
be required under .the. contract, if
any*
As
far
as
the
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4129
156.
Volume
capital, stock
total
$11,616,410
value as follows:
is
number of shares and par
Ultimate
with
authorized capital
June
4,
$3,928,900
1,281,700
t2,563,400
t915,320
of
Record
Consolidated
Earnings
Tax
Provision
$108,861
491,964
1938--——
>
73,203
13,731
80,239
at Office of National City Bank,
W. B. Runyan
Who becomes Chairman of the board.—V.
effect
show
(To
of
votes
proposed
Quarter and O Months Ended Sept. 30, -1942
■' v,.
Quarter
9 Months
i Sales and oper. revs. & other Income credits— $4,825,362 $14,202,5363,729,888
11,359,130
.Cost of sales and operating expenses
123,888
304,660
Other /charges '
299,353
865,990'
Provision for depreciation and depletion—
75,299
'
230,583
Interest on debentures.—————
v"..-- ;..
$596,934
453,052
'7:
779.•;
V.-";
v";
receivable
Investment
Other
in
.'Stocks, Etc.—
Vj
,v-
—
plant and equipment (net)
Supplies and prepaid expenses—
Property,
Accounts
v.
U.
U.
"-V*-
,v
special meeting of the stockholders will be held Dec. 18 to take
a revision of the agreement of association and articles
organization, and of the by-laws, which has been approved by
■' ;:Vr-
S.
part
Harry
As
v
:
j
The agreement of association, as amended in 1939, provided spe¬
cifically that the provisions as to the various classes of stock which
to be exchanged for new stock were to "have effect as to each
of each of said stock or any of said interim
respectively, are outstanding and not otherwise."
The recapitalization plan of 1939 has now been fully completed.
All the former preferred, class A, management and employee stocks,
receipts,
and
interim
the
optional receipts
have been
cancelled,
or
subject to cancellation.
It is, therefore, desirable that all
to these securities should be removed from the agreement
ciation and the by-laws.,
■■
are
.
now
The changes
as
other
make
to
and
which experience
changes
has shown
in
the
agreement
y>.,;y
the
on
Net
preferred stock, the dividend requirements have now
in the opinion of the directors, to below $300,000. ,
,
<
^
provision for a reserve for-the purchase of debenture stock
requires .that in. any year common dividends are paid, .5% of earn¬
ings .after senior dividends must be set aside for this purpose.
From
1911 to 1939, a period of ;28 years, ;6,000. shares of. debenture stock
1941
$6,788,135
5,459,221
$1,607,462
511,950
$1,328,914
203,750
451,395
376,590
181,250
786,422
24,126
,245,500
7; 534,228
long-term debt-
on
profit
93,513
2,481
247,45Q
■
427,000
——1—1^.-———$328,461
$548,307
200,051
$2.63
200,045
$1.56
.
Federal income taxes for the nine months is
The substantial increase over 1941 is caused
by the increase in tax rates, but also by the fact that profits
in ,194 T were exempt from excess profits taxes
by reason, of a credit
carryover from 1940. •
868,00Q
-';Consolidated Balance Sheet, Sept. 30^
1,451,395
376,590
Assets—
,:;
,
U. S.
106,119
Treasury notes—
Receivables
(less
Inventories
1,245^500
(except
—.
reserves)
58O;0OO
1,261,134
958,435
888:126
1,308,389
822,416
:
pulpwood)
—
and logging operations——,
Prepaid items and jdeferred charges—-—
7,534,228
Cash
in
investments,
,", 139,203
861,135
':
19,882
177,284
,-
etc.
(less
67,543
363
183,465
escrow————.^—,:
property and timberlands
Plant,
1941
$787,463'
' 115,000
.
'Pulpwood
Dr1195,436
■";
1942 ;,; .'
$604,066;
^.
Cash
.
.
5,725,319
5,080,664
$10,223,611
$9,356,276
reserve)
of
stock,
an
interim
payable
Dec,
President
of the
dividend
28
to
of
50
holders
Calvert Distillers
director.
Total
■
•"
:'iy J?-
Liabilities—;
Accounts
payable
"'
—
"v';
$380,375
$412,389
Federal and Canadian income taxes—
accrued
Other
liabilities
801,921
cents
of
per'
record
"/
130,405:
Corp.
has
—
Total
^
1,000,000
100,000
606,415
2,000,508
2,427,367
786,351
1,360,737
$10,223,611 i
$9,356,276
156, p. 693,
Ebasco Services
For
of
1,575,850
875,000
75,000
419,235
2,000,448
2,435,486
1
—
been
132,714
v';' 54,680
.
1,520,500
-
.
260,002
; "
224,504
—
Operating ■ reserves ———
First mortgage 57o bonds, due Dec. 1, 1953
Five-year 4% notes (secured) due Dec. 1, 1943
Other long-term
5r,'o prior preferred stock (par $20);
Common stock (par $10)—.
Capital surplus
—:
Earned surplus since Dec. 31, 1938—;———-
.
week
the
Inc.—Weekly Input—
ended
Nov.
19,
National
American
&
Power
Power
&
Co.,
Light
inputs of client
which are subsidiaries
System
the
1942,
Services. Inc.,
Light Co!, Electric
as
Power
with
compared
week during 1941 were as follows?
& Light Corp. and
the corresponding
^
,
Thousands of Kilowatt-Hours—
—
needs."
i—-Increase-
Discussing the large increase of sales of subsidiary companies over
of last year, Mr.-Bronfman declared that many factors were
responsible for the unusual volume of business. A substantial part of
the; higher dollar volume is represented by increased taxes on liquor
because sales are on a tax-paid basis, he pointed out.
1942
1941
168,646
154,246
87,945
75,845
ft
.Amount
Co-
Corp.—
.National Pwr. & Lt. Co.-
14,400
12,100
Operating subsidiaries ofAmerican
Electric
Pr.
above
The
&
Lt.
Ss Lt.
Pr.
figures
do
10:
9.3
16.0
104,675
22,630
•
127,305
not include the System inputs of any
21.7
com
panies not appearing in both periods.—V, 156, p. 1862.
•
"While
442,125
$886,789
$1,095,512
84,975
39,076
216,000
not only
those
been
,
1942
Note—The provision for
on the 1942 tax bill.
1,715,570
^become an, essential war industry with "the entire productive
capacity of all our companies now channeled into the vast reservoir
of alcohol required for manufacture of smokeless powder .and other
The
;
$7,740,691
6,133,229
operating companies of Ebasco
war
organi¬
-Earnings-
sales—
;
has
established to operate when interest on
(there is none) and annual dividend requirements
■
charitable
/
the
Sept. 30—
the company's 'annual meeting lield on NoV. 24, Samuel Bronf¬
man, President, told stockholders that the alcoholic beverage industry
funded debt
in excess of $300,000.
By exchanges under the plan and pur¬
chases since 1939 of 8,469 shares of debenture stock and 6,715 shares
prior
Wachtel,
a
:
■
based
$2,715,418.
At
-were
reduced,
W.
by
announce¬
said.
—.
Distillers Corp.-Seagrams, Ltd.—^New Director, Etc.—
W.
on
in 1895, has tanneries and plants in
Mich.
Sales for the fiscal' year ended
at approximately $7,000,000,
the an¬
Outstanding shares of common stock————
Earnings per common share—
;
:
'
——1—Dr* 1 663,705
declared
common
each
acquired
been
Provision for excess profits tax
Similar
10.
elected
fund was
any
estimated
are
Net profit from operations
;
-V.
Cancellation of Treasury Stock, Removal of Sinking Fund and
Reserve for Purchase of Debenture Stock—A primary purpose of. the
recapitalization plan of 1939 was to reduce the annual burden of fixed
dividend claims, which at that time were $494,000.
As a part of the
of
49,714
,
preferred
have
$1
;
;
,
according to an
-
Sept. 25, last.
which have been recommended are summarized below
sinking
1942,
has.
company
Mich.,
Gross'- profit
—
Selling, shipping and general expenses-
Former
a
this
Grand Haven,
week.
; :
i:
distributions were made on March 28, June 29 and
Payments during 1941 were as follows:
April 18 and
July 26, 25 cents each; Oct. 25, 50 cents, and Dec. 29, 6% in stock.—
V. 156, p. 1688. :
r ■/
• ■,
j
Dec.
(2)
plan,
directors
share
of association
and Interim
*
Cost'"of
Doehler Die Cashing Co.—50-Cent Interim Dividend—
The
Preferred, Class A, Management and Employee Stocksi
Optional Receipts—Since all of these classes of stock and
interim optional receipts have been cancelled or are now subject
to cancellation, it is proposed to eliminate them, and to remove all
references to them throughout the articles and by-laws.
This will
reduce the classes of stock of the company from eight to four.
V
(l)
30,
9 Mos. End.
of asso¬
to be desirable.
follows:
in
of
some time been representing the
interests of
zations on the company's board of directors.
reference
completion of the recapitalization plan of 1939 also makes it
desirable to eliminate those other sections which are no longer use¬
cents per share
A similar dis¬
with
——
The
ful,
shares
8,469
prior
23.
$1,352,374
debenture at a cost of $951,981; 6,715
at a cost of. $317,746; 1,559 shares of
preferred at a cost of $176,464; 2,535 shares of class A at a cost
of $22,078; 6,497 shares of "A" common at a cost of $9,071; and
41,645 shares of voting common at a cost of $186,365.
(•Includes 6,497 shares of "A" common at a cost of $9,071 and
41,645 shares of voting common at a cost of $186,365—V. 156, p. 779.
of
75
Glore, Forgan & Co., investment bankers of Chicago and New York,
the sale on behalf of the selling stockholders, which in¬
cluded the Pfister and Vogel interests of Milwaukee, The American
Humane Association, The Anti-Cruelty Society and the Chicago Council,
Boy Scouts of America.
Members of Glore, Forgan & Co. have for
Votes
1, 715,570
and surplus——^———.
*Includes
of
Nov.
arranged
Total:;$10,761,376 $10,761,376
shares
record
260,485
exchanged—:
cost)
dividend
a
of
Provision for normal tax and surtax-
stock^^-^i-_---r./^--_-i-^^.-w.
(at
last
nouncement
'
only so long as any shares
•
Nov.
interest
company, incorporated
Haven and Whitehall,
Miscellaneous
,
were
optional
stock
Treasury
paid
holders
Miscellaneous deductions (net) —
Capital ,surplus:-,^-_-_-w--^--/-.---'---^_-_-.---,
Net capital
28
to
on
Interest
•Reserve for premium on sinking fund purchases
Earned surplus accumulated since Dec. 31, 1932
was
then
conditions
Nov.
stock
Hatton
made
The
—
Prior issues' not yet
on
made
was
155,770
375,713
3,009,429
preferred Vstock----^—
stocks—
common
*6,523
...
123,211
3,259,471
: common
Voting
.
243,877
11,411
1,088,717
140,624
*77,033
156, p. 1468.
2,298,420
-
revised to meet the terms of the plan and other
existing,
IProvisions .were necessarily; included which
'referred to classes of stock soon to go out of existence and which
dealt with matters essential to the completion of the recapitalization
association
"A"
452,539
income—
common
B.
Grand
After
$2 715,418
Income
on
284,789
16,666
1,742,300
railway
controlling
ment
Treasury tax savings notes—Drl 203,840 Drl,203,840
stock
3,082,000
,928,900
Prior
-V-i1
Dennison, President, in a letter to stockholders, states:
of the recapitalization plan of 1939, the agreement of
'■the directors.
S.
taxes
1,237,032
■■
railway—...
Eagle-Ottawa leather Co.—New Control—
A
Julian
Adj. for
Proposed
.
\:-
Canadian
">18,118
1,382,202
1939
$137,383
36,463
18,869
*9,836
260,485
payable and accrued expenses
and
Debenture
A
of
S.
' 1940
"■
V $129,687
10,148
.
$10„761,376 $10,761,376
action upon
.
'
.
—
:::
To Eliminate Certain
fiscal year ending
-:V
1941
$151,491
3,259,471
155,770
375,713
3,009,429
.
r
Liabilities—
Dennison Manufacturing Co.
1942
,
.
2,298,420
:—___
assets^
•
,
Eastern Corp. (& Subs.)-
Votes
—
and
$1.33
July 9, last, as compared
July 8 and Nov. 24, 1941.—V. 155, p. 2456.
-
.
subsidiaries———.———.
investments
$1.96
.
company
the
on
of the
structure
49,714
(net)
Inventories'(net)'
$1.79
Net '-sales;
.y.'-i-'-.y
Accounts
and
'
.
oper.
tribution
1942
capital
U.- S. and Canadian war bonds
r
p.
the
on
$1,352,374
.
$1,449,524
Dwight Mfg. Co.—Pays 75-Cent Dividend—
440,000
Adj. for
Proposed
Assets
$1,442,173
1939
$2,104,946
,
Before
current
Sept.; 30, 1942, current assets were
liabilities before provision for Federal and State income taxes were
$1,529,213, or a net working capital of $7,097,630.
This compares
with net working capital of $5,994,348 as of Dec. 31. 1941.—V. 156,
3,626,842
of
As
from
The
•
Net income bef< Federal and State inc. taxes
,
1940
'
—$1.6$
stock
from
Net ry.
company)
Income Account;
t
1,
of
railway—, $173,200
railway
47,854
oper income—.
19,497
ry.
Net
70,718
350,400
759,791
*891,917
1,497,390
1,090,000
Adjusted Balance Sheet, Sept. 30,
Deep Rock Oil Corp.—Earnings—
-
distributions
$2,104,282
From Jan. 1—
(a) Of two-thirds of the debenture stock outstanding;
(b) Of two-thirds of the prior preferred outstanding, each share
having 10 votes, and of the "A" common stock outstanding, each
share having one vote, voting together as a class for this purpose; ,and
(c) Of two-thirds of the voting common stock outstanding.
All
votes on these proposals will be counted separately accordingly.
"V--
Anthony Haswell has been elected President, succeeding
156, p. 692.
1,212,843
2,389,307
1,530,000
est.)
months
(9
1941
from
Gross
418,761
84,449
;
430,639
1946-———:i—
1942
Subs.)—Earnings—
1942
from
Net
$635,651
-1937.;'-—-.i———-4-—,.
Dayton Malleable Iron Co.—New President, Etc.—
■
share, pay¬
per
1941; on Nov.
t$2,147,705
share
.
*Before $75,000 transfer to special inventory reserve.
On the reduction of all classes of stock, the elimination of interim
optional receipts, charges to capital surplus and the amendment of
the by-laws, only the voting common stock is entitled to vote,
and
the votes of only the voting common stock will be counted separately
on these proposals.
The amendments of the agreement of association
and articles of organization require three separate votes as follows;
5
$1
Similar
1.
Duluth Winnipeg & Pacific Ry.—Earnings—
Aft. Taxes
$744,512
and series B, 65> extended to 1946; and of $37.55 per $1,000
deposit receipt for said bonds ($4.71 interest payment, $i4.62 prin¬
payment, and $18,22 cash payment, in lieu of participation
certificate for 1942, $19.14, less .Cuban tax of 92 cents, to be with¬
held at source)
to holders of record at the close of business on
156, p. 1604.
10,
—
per
October—-
Gross
Net Earns.
Bef. Taxes
lVst%
York.—V.
Dec.
Earnings—1936 to Date
In accord¬
cipal
New
dividend of
a
record
Aug. 30 and Oct. 30,
1938.—V. 156, p. 340.
basis of estimated taxable income for the
company's
—
1939—^——-tt—
1942.' '
,"V.;
is payable on the bonds
of
on
May 31, 1943.—V. 156, p. 1236.
1,500,000
400,000
——f773,97Q
(253,120
Sept. 15, 1942, for the purpose of carrying out a plan for the issuance
of participation certificates, payments will be made on Dec. 1, 1942,
of $5 per $1,000 bond on surrender of the Dec. 1, 1942, coupon from
Cuba RR.
first lien and refunding mortgage gold bonds, series A,
20,
1, last;
Dec.
'Deficit.—V.
Bank,
the procedure for deposit, and an agreement entered
and Consolidated Railroads of Cuba, dated
Interest
wa3
(Also
Subject to reduction by exchange and retirement, in accordance
with the directors' plan for recapitalization of: 1939, as rapidly as
possible, by substantially the amounts marked (tl—a reduction of an
aggregate par value of $4,505,810, thus leaving the total net author¬
ized capital approximately $7,110,600.
" ;
into between the company
Nov.
Similar distribution
ago.^V. 356, p. 779.
a
year
^After interest, depreciation, amortization and Federal income taxes.
after provision for excess profits taxes computed upon
the
•:
Net
transitory provision of the Constitution of: Cuba, effective
1940,
profit
common.
;
plan—. "'11,616,410
(after exchanges completed) —
7,110,600
.
York Stock Exchange has received notice that,
a
a
declared
18
stockholders
Aug.
on
on
Earnings
(Before and after provisions for U. S. and Canadian income and excess
profits taxes)
The New
ago
12'h
Dow Chemical Co. (&
■•Net
*
Cuba Railroad—Interest Payments—
ance
months
with
3 Mos. Ended Aug. 31—
of the com¬
divided into classes,
Authorized capital until exchanges are made under
1942.
payable on the bonds, at Office of National City
New York.—V. 156, p. 1604.
■
Nov.
on
to
10
made
1940, and
amount
t77,397 shares management stock ($10 par)w~..~
t25,312 shares employee stock ($10 par)
of Cuba
of 1942,
due
1942, upon presentation of bonds for stamping of the rider
attached thereto; and of $37.55 per $1,000 deposit receipt for, said
bonds' ($4.71 interest payment, $14.62 principal payment, and $18.22
cash payment in lieu of participation certificate for 1942, $19.14,
less Cuban tax of 92 cents to be withheld at source) to holders of
Nov. 20,
Structure—The
39,289 shares debenture stock ($100 par)
25,634 shares prior preferred stock ($50 par) ———;
t25,634 shares preferred stock ($100 par)
t91,532 shares class A stock ($10 par)———
300,000 shares "A" common stock ($5 par)
80,000 shares voting common stock ($5 par)
;
1,- 1942, of $4.88 per $1,000 principal amount
Northern Railways first mortgage gold bonds, 5xk%, series
on
Capital
authorized
pany's
Dec.
the close of business
of
——.
Interest, is
directors
Dec.
were
.
Statement
4, •' 1940, the procedure for deposit, and an agreement
entered into between
the company and Consolidated Railroads of
Cuba, dated Sept. 15, 1942, for the purpose of carrying out a plan
for the issuance of participation certificates, payments will be made
record at
able
practice to provide a shorter notice period.
Since the longer
period would appear to hold little, if any, advantage for the stock¬
holders, it is proposed that the call notice period be reduced to
45 days.
/'
June
en
nine
modern
Stock Exchange has received notice that, in accord¬
transitory provision of the Constitution; of Cuba, effec¬
a
and
compares
Dolcse & Shepard Co.—$1 Dividend—
The
•
(4) Redemption of Debenture and Preferred Stocks—It is now pro¬
vided that these stock may.-be-called, upon-90 days' notice,
It is
The New. York
with
six
whereas
share;
with the
ance
Three,
declared, which
voting common
Cuba Northern Railways—Interest—
tive
1942.
of Voting Common Stock—It is now provided that
stock, if issued for cash, must be issued at $10 per
"A" common is., issuable at not less than par value
as provided by Massachusetts statutes.
Since these stocks are inter*
changeable, it is desirable that they have a common basis of issue.
It:is, therefore, proposed that each may be issued at not less than
its par value ($5 per share).
Issuance
(3)
management can tell at present, Such expenses and possible adjust¬
ments will not greatly reduce the proceeds of the sale,"
If the sale is consummated, the Hendy company intends to retain
the management and employees of Crocker-Wheeler intact, so that
there will be no interruption in the business.
If the war continues,
it is the purpose of the Hendy company to enlarge its plant capacity,
both at the Ampere, N. J., plant and the California plant.
As of Sept. 30, 1942,. Crocker-Wheeler had unfilled orders totaling
$30,353,594,
It listed total assets on that date of $10,869,256, current
assets of $8,238,160 and current liabilities of $6,803,504,
The Henry
J. Kaiser companies on the Pacific Coast have a
minority interest in the Joshua Hendy company, it was stated. ,The
latter concern is managed
and sponsored by Charles E. Moore of
San Francisco, who is President, and by Felix Kahn of San Francisco,
who is Vice-President.—V. 156, p. 1149.
1951
purchasing power is now
at a high level we must bear in
taxation and restrictions imposed upon use of luxury conby vital demands of our war efforts may cause a curof the continued progress we have heretofore been able to
mind that
.sumer
goods
•
tilment
Electric Storage Battery Co.—50-Cent
Dividend—
•
were
purchased and retired.
Since'1939, 8,469 shares have been
purchased by: the company and are now held in its . treasury- to
be used; to satisfy future requirements of this provision.
While the
■
,
may
jcompany
'time/it
'
continue, to .purchase
debenture stock from time to
this particular purpose
is evident that further purchases^for
for many years.
report," Mr. Bronfman said.
the
Since
;
close of, the fiscal year,
4,627 additional preferred shares
have been purchased and canceled at a cost of $397,755, leaving 159,873 preferred shares outstanding, Mr. Bronfman revealed.
In addition,
-arrangements have been made for the balance of current sinking fund
r
the
value, payable Dec. 22 to holders of record
Similar distributions were made on March 31, June 30 and
stock, mo
iDec.:2.
requirements.'—V.* 155, p. 2276.
will be unnecessary
The directors have declared a. dividend of 50 cents per share on
common
par
,
Sept. 30,- last, and -in each quarter from -March 30,1938, to and
including Sept. 30; 1941, while on Dec. 23, 1941, a payment of $1 per
share, was made.—V. 156, p. 957,
"
of' debenture stock, and prior preferred stock now
treasury-might be-reissued at the discretion of the
unless. they-are cancelled. - It is proposed, therefore, that
these shares be cancelled and the .authorized amount of both stocks
-be reduced to the amounts now. outstanding in the hands of stock¬
"These- shares
Theld
'.
,
in
the
directors,
holders.
.
*■
..
"•
recommend, as one transaction, the elimination of
for the .5% reserve, and of the- sinking fund, and
the debenture, and .prior preferred stock now held
}in the treasury.
The .combined result of. these actions .will be to
simplify. the - financial structure of the .company, and, it. is believed,
improve the position of all classes of stock; Directors
now
the
provision
the
reduction of
,
(Joseph) Dixon Crucible Co.—r$l Dividend, Etc.—
;
The
-
directors
Nov.
23
declared
dividend
of ; $1 per share on
stock, payable Dec. 23 to
holders of^ record. Dec.
14.
Similar distributions were made on
March 81, June 30 and Sept. 30, last,
and in each quarter from
Sept. 30, 1940 to and including Sept. 30, 1941, while on Dec. 23,
1941, a payment of. $2 per share was made.
the
outstanding
on
$5,000,000
of
a
capital
,
,
„
The
directors
of
their
to
those
.
.
also declared a wage and salary dividend of 6%
quarter's compensation in 1942 from current profits
employees actively employed by the company on Dec. 31,
fourth
:
Elgin Joliet & Eastern Ry.- -Earnings-—
Net
1941
1940
1939
$2,673,194
1,045,170
498,487
$2,141,691
902,639
523,393
$2,063,035
974.276
630,518
Net
-28,162,177
railway—
10,867,982
24,298,407
17,661,649
13,966,337
10,655,422
6,391,670
4,058.801
2,744,020
5,525,350
3,7l9i480
2,192,967
railway,
from
railway——
from
ry.
"
1942
$3,028,371
October—
Gross
1,281,109
income—
514,307
oper.
-
From Jan, 1—
Gross
Net
from
from
Net ry.
—V.
railway—
oper.
156,
p.
income—
1605.
v
July 1," 1941 to and incl. Oct. 1, 1942, while on April 1, 1941;.
per share was
paid,
The previous dividend on the $7 pref.
was $1,75 on Jan. 2, 1933.
1 ;
The directors also declared four regular quarterly dividends', of 37\Vi"
cents each on the 0'k
class A'pref, stock-,; par $25,; payable Jan.; 2-,
from
Empire Power Corp.—Participating Stock Dividend—
declared
have
directors
The
dividend
a
of
$1
per
share
on
10. and Sept. 10, last.
Payments during 1941 were
20 and June 10, 50( cents each, and Sept, 20 and
June
10,
April
10, 75 cents each,
The directors also declared the
:
July
1,
June
March
follows:
Dec.
15
and Oct. lj to holders of irecord Dec;
15, respectively.—V: 156, p. 1863.
1
Florida Public Service Co
from
Gross
from
Net
Net
■
income,.-.
oper.
ry.
1940
$8,783,851
$8,819,313
3,316,229
3,199,934
2,186,892
railway,—_ 110 ,906,130
Net
from -railway-—^-40 ,455,241
Net ry. oper. income^—.
20 379,351
—-V.
156,
Other
taxes
88,874,617
71,216,573
66,706,045
30,352,855;
20,207,542
17,928,843
9,510,219
.18,673,904
38.050
236,277
11,256,275
744
-
—wW;,.,-
rejected
,
action
of
r
includes-provision-for waivers' of
not. previously
Gross;income,.
common shares
156, p. 1689.
on
mortgage
Interest
On
debentures^,-;———
bonds
but
Motors owned by the
of General
General Time Instruments Corp,. (&
$571,269
"
■
17 Wks. End.
■:,
Subs.)—Earnings
16 Weeks Ended-;
-
•; Period- Ended—t "
; Oct. lo, ^42 /'Oct. 4,Ml•Net
sales
W—y'/■ $4,875;753
$4,842,001'
14,649
■
$585,917
$430,632
Interest
suit,
the
concerned in
<
settlement
Oper. costs■& exps._—
4,502,756,.
$724,012
4,021,090
,
*
Oct. 7, *39
$3,837,192
•
3,402,858
$434,334
238,216
238,216
123,750
—
Oct.-5, '40
$4,432,455
3,708,443
„
...
.
of
offer
an
offer of $4,000,000 to settle liabilities
an
plus interest.,
approved by the- court
offer
corporation.—V.
217,784
.
$429,888
(net)
approved
8
246.933
217,009
'Other income
1
)
Nov.
on
\Corp.V for 243,392
261,631
448,203
<
Leibell
against the Regent
2,323,636
1605.
p.
1,225,506
*
L.
of : any claim
that General; Motors may havp
Corp., John J, R&skob .and Pierre S.- du Pont for
any benefits realized by them as the result of the exchange on June 4>
1930, - of 2,400 managers','- securities,., class B shares owned by Regent
$2,561,181
95,446,
of fixed capital-
(deprec.)
$4,348,044
The
excludes
1-,311,801
Operating, income
from
of
\possible/causes
$2,738,624
l.l.
—
retirement
for
Prov.
From Jan. 1—
Gross
month Judge Leibell
1941
"Electricity and gas purchased for resale-.—-;
Maintenance.
W-:-_ i,—
1939
2,175,661
2 ,339,843
„
15',
'i :
1
■
1942
operating- revenues;
Operating expenses
railway^'-— $12 358,885 $10,498,960
,3,085,090
railway
,
4 ,997,072
'
'
RR.—Earnings1941,
March
Earnings—
12 Mos. End, Sept. 30—
1942
Approved—vy-;
Vincent
$4,500,000 made by certain officers and directors of the corporation
.in settlement of-a suit brought, by stockholders over-actions involved
in
the
operations of
the
corporation's
bonus plan. , Earlier this
•
Gross
October—
15,
>
and Sept.
.
Erie
Suit Settlement
Federal-Judge
:
,,
usual quarterly dividend of $1.50 per
share on the $6 cumulative preferred stock, no par value, payable
Dec. 20 to holders of record Dec. 5.—V. 156, p, 957,
■
>
stock
participating stock, no par valuer payable Dec. 10 to holders of record
1.
Distributions of 50 cents each were made on this issue on
March
Monday, November 30, 1942
$8.75
the
Dec.
as
FINANCIAL CHRONICLE
THE COMMERCIAL &
1952
123,750
:
Net
•
operating
;
income
$372,997 :
.
$820,911
"
Interest
Falstaff Brewing Corp.—Extra Distribution—
share
the
on
extra- dividend
an
of
cents
15
Interest
stock, payable Dec. 21 to holders of record
this year, the company paid three quarterly
amount, and another of 15 cents is payable on
common
of
dividends
30
like
of record Nov.
holders
to
.;..'
14.
Period End.
Sept. 30—
1942—3 Mos.—1941
/
$227,768
inc. taxes
for Fed.
;
associated
companies.—V.
Earns,
$172,768
$185,117
$0.70
-
$0.75
com.,share-
per
156.
•Consol.
'Prov. - for
1942—Month-r-1941
expenses,.—
&
Ry.
$3.11
were
y
on
1941.—V.
.
$190,251
$132,900
26,578
23,953
2,717.
2,413
$22,068
$7,203
Br 6 36
Dr585
income-
$21,431
income-
oper.
ry.
336,348
(2)
.
V
./
J9r6,170
Years Ended Sept.
income 1
Total
$100,065
1,431
21,457
.
Net
income
$8,049
W
1,181
18,954
.
Manufactured
v.
12,7,10
$1,696
;
156,
"Deficit.—V.
18,566
.
of
dividend
$2.50
preferred
Nov.
Other
revenues,
—
Total' operating
revenues——j—
—
—v.
"$6,279
.
*$25,535
$27,080
Maintenance
.
Prov.
1941.—V,
14,
cents
p. 2457.
50
155,
declared
the
on
S3
:
622,463
874,938
taxes
tFederal
•
Federal
taxes™
140,939
Aug;
on
8,
and
1941,
V.
:''■'.■:'■ -Week
.v-'--.;
Net
.
income—
Gross
239,425
_r
$4,638,854
income ;
An
Charges of subsidiary companies:
on long-term debt
interest (net), etc
Amort, of debt discount, premium and expense;
Miscellaneous
both
have
been
The
40,894
41 ,065
share
95,826
1,162 596
of
net
50
and
cents,
$279,096
31,585
.—
,
Oct.
July
.
■
Statement of
Ended
Years
Income,
Sept.
dividends
;'-V.;;. Vv'
Total income
—;
Provision
——;
income——
——
for
—
*
miscellaneous
and
expenses-
depreciation
taxes
Federal income
(Company only)
1942
1,
other
Miscellaneous
General
Income
.
taxes
■
$1,093,784
20,000
15,474
.,
*.——„'. $1,129,257
224,518
—„_
1941
$977,271
197,669
.
14,521
.■&
'"•
—————1,813
244,399
I2Va
each
■v
cents
have
quarter
per, share
declared
been
holders
to
of
since
and
and
on
.
$843,030
$902,851
.Balance
Interest
on
*
28,100
5lh%
Miscellaneous
Net income
gold
debentures-.
charges
—*,—
279,096
287,210
-
31,585
——
$532,349
—
5,551
$610,089
^
Like
Foster-Wheeler Corp.—Accumulated Dividend—
A dividend of $7 per share has been declared on account of accumu¬
lations
on
the
$7
cumuL
conv.
pref.
stock,
24 to holders of record Dec. 15, and a
$1.75 per share on the same issue, payable Jan.
Dec.
Dec.
15*.
par value, payable
quarterly dividend of
no
1 to holders of record
Distributions of $1.75 per share have been made each quarter
Oct.
17,
declared
each
Payments
"■'■■■:
25
dividend
a
20
to
made
were
v; -r;
of
50
on
directors
Nov.
on
common
20,
50
Ended Sept. 30
19
declared
with
a
Dec.
;■
paid on
15" cents
dividend of 10
cents
•stock,
holders
*
2, last;
10
and Aug. 1, last, and 15 cents each on April 1, July 1 and
1941,:'V:. <<y■■■;.■" '..■"v.-..;;
directors also declared the regular quarterly dividend of $2 per.
on the
$8 preferred stock, payable Dec. 26 to holders of record
156, p.
1416.
General
;
s
'
:
$5,065,751
846,287'
548,191
$2.82
^{"$1,82-
tOn 300,000 shares of common
' .-v:
.
30
cents
Dec.
paid
and
29
to
15
holders
on June
3i;, 1941;
10
June
of
record
30, last; 30 cents
cents
29,
share has- been declared
per
24,
Dec.
on
1940.
i'-
Dec.
24,
and
15
'
the common
This
1.
on Dec.
1940,
on
;
compares
1941; 15 cents
cents
each
on
■'
declared
also
the
.
i
Jr//
A
>
,;////;/:
(>
>
mon
usual
.
; v
as
„
Cigar
the
and
Dec.
extra
Dec.
20,
Co., Inc.—Extra Distribution
declared
an
extra
of $1.25 was paid on Dec. 20,
1940.—V. 156, p. 1501.
General
of
Net
$1.25
dividend
of,
last
year,
and one of
Co.,
The
Inc.
defendants
include
S.
William.
>
Payments
during
1941
were
25 cents each; Sept. 20, 40 cents,
781.
1942
1—
1940
1939
$2,316,600
$2,138,17.9
502,130
from
502,289
rallwayiiJ.
ry.1 oper.
498,163
261,559
6,861,820
;*
income-i
1502.
7.966,622
4,921.534
5,342,039
"
.4,522,678
17;526,931
2,754,910
2.791.560
)/
763,694
Great Lakes Dredge & Dock Co.—Year^End Dividend
v
■
The
directors
on
Nov.
19
per share on the common
holders of record'November
of
dividends
pany on
was
-
227,984
25,422,312; "20,406,240
25,226.000
from: railway;_ii._
V, 156,; p,
V
653,838: '
391,588 / :"
.
Net
^
1941
$2,601,629
declared
stock,
30.
a
nb
year-end dividend of 75
par
cents
value,
addition, to
In
payable Dec. 15 to
four regular quarterly
cents each paid during the current year," the com¬
14, last, paid 25 cents extra.
A total of $1 per share
during the year 1941.—V. 156, p, 1502,
25
Nov.
disbursed
Bar-
President of General Gas.
;
: r
-i
<
complaint charged that General Gas suffered losses of $79,175,000 as a result of the sale of the controlling: interest by the
defendant group in 1929 to.the, Associated Gas;
Electric Co.
It
,
1942.
156, p.
906,052
from
Net
$1. on
by minority stockholders of the corporation to recover $79,175,000 for the corporation from the group formerly in:; control was.
filed in New York Supreme Court Nov. 20.
The suit named as de¬
fendants 14 individuals who formerly controlled General Gas through
stow, former
20,
June 20,
$2,800,000
fa ilway_„_
';Taiiway__:__;
ry.'oper. income.^
Gross
suit
&
June
80 cents,—V.
front
From Jan
$1.25-per.'share
Gas & Electric Corp.—Investors. File Suit to
Barstow
and
March 20 and
20,
Grand Trunk Western RR.
Regain $79,175,000—
S;
,
October-
919.
regular quarterly: dividend of 25 cents per share on the.
stock, both payable Dec. 19 to holders; of -record Nov.;530.
common
March. 20
on
follows;
and
';;'.f-
Pay 90-Cent Divwi
dividend of 90 cents per" share has been declared on the corrfstock, no par, payable DecV. 19 to" holders of record NoV; 27.
compares
with 50 cents paid on Sept. 19, last, and 30 cents
each
^
•
W.
1049.
Glen Alden Coal C0.---T0
year-end
The,directors have
-
of
directors
The
Net
A
'
v 1941
'
quarterly dividend of $1.25
per share on the preference stock, payable Feb. 1 to holders of record
Jan. 2.—V. 156, p. 1864.
•
pec. 5:
cents each on
Gross
An
156,, p.
payable
March
!'
of record
Nov.
cents.
$14,287,120
15 cents
July
,on
.
share
per
to
19
10.
r""";-.-'
1942 '
-•
income
dividend
A
•
stock,' payable
Dec.
April: 20, July 13 and
as
follows:
April .15,
;
Gillette Safety Razor Co.—30-Cent Dividend—
1941.—
15,
cents per. share
holders of record
during 1941 were
cents each, and Dec.
Earnings, V Months
'stock.—V.
amounts
;■
$1.50 in 1941.—V. 155, p.
Group No. 1 Oil Corp:.—$50. Dividend—
,
:
-
The
•
alleged that General Gas was defrauded by manipulations of its stock
and properties after Associated took control, and declared that funds
were
taken
from General Gas itself
in making
payments to the
former controlling group.
The former controlling group received $50,000,000, or "$40,000,000 in; excess of true value," for their interest,
the complaint declared.
\
•
Defendants denied the charges and declared that "none of the con¬
dividend
$50 per share has been declared on the- common
value, payable Dec. 28 to holders of record Dec. 7.
.Similar payments were made on March 31, June 29 and Sept. 29, last.
Distributions during 1941 were as follows:March 28 and June 28,
$50 each;. Sept. 26,-$100, and Dec, 27, $50.—V. 156, p. 605.
A
:
stock,
■
'
.
of
par
no
.
Group No. % Oil Corp.—10-Cent Dividend—
The directors have declared a dividend of 10
.
■
capital
paid came from General Gas or any of its subsidiaries."
dismissal of the suit under the statute of limitations.
included the J. C. F. Holding Corp., Samuel N, Vose, and
the estates <of Alice M. Schwartz and Jacob L. Hayne.—V.-156, p. 865.
sideration
p.
payable
stock,
2045.
Dec.
28
to
holders of
•
v
cents per share on the
record
Dec.
7.—V.
151,
■
Plaintiffs
Gulf Mobile & Ohio RR^Earnings-^October—
Gross
General Motors Corp.—War Deliveries
Higher—
Net
is now producing
war materials
at a rate of more than $8,000,000 ^ day.
Deliveries
of war materials from its plants in the United States and Canada
for the month of October totaled $248,405,560, an -increase of $35,554,200 over, the previous month.
This brought total deliveries of
The
war
—V. 156, p. 1863.
17
payable Dec.
cents
"After provision for estimated taxes.
14,285
'
and
25
stock,
common
30.
including March
: ^
J1
usual; quarterly';
the
the
Nov.
record
r
Crl73
————19,197
(no exe, prof, tax pay.)_
40,700
last.
stock,
Shipments"
They asked
$1,189,461
\
1
'
'
dividend of 25 cents per share and the usual quarterly
dividend of like amount have been declared on the common stock,
par $5, both payable Dec.
21 to holders of record Dec. 10.
This,
brings dividends for the current year; to $1.25: per share,; as against
,
.
30—
—:——
Interest
General
"
-
;■
of
;
"The
interests.
17
'
This
$287,210
5,551
accompanying statement of consolidated income includes all
majority owned subsidiaries except Pennsylvania Water Service Co.
and subsidiary companies; New York Water Service Corp. and sub¬
sidiary companies, and The Winton Water Co;
In the opinion of the
management, corporate reorganizations
affecting New York Water
Service Corp. and Pennsylvania. Water Service
Co. and certain of
their subsidiary; companies may be necessary before Federal Water
& Gas Corp. can realize earnings from such companies.
The state¬
ment of consolidated income for the year ended Sept. 30, 1941, has
been
adjusted to
omit the accounts of the foregoing subsidiary
companies.
j, V.';'
r ■'
tThe provisions for income taxes have been determined after the
benefit of deductions of call premium, discount and expenses applic¬
able
to bonds
redeemed during 1940 and 1941 by certain of the
subsidiary companies and the loss sustained on the sale of certain
water properties in 1940.
Provisions for Federal income taxes for
the nine months ended Sept. 30, 1942, were computed by the com¬
panies prior to the passage of the 1942 Revenue Act at rates approxi¬
mately 50fo in excess of the rates in effect for the calendar year
1941.
It is estimated that such provisions will exceed the liability
for Federal income taxes applicable to this period,
when computed
as provided in the 1942 Revenue Act, by approximately $160,000, of
which amount approximately. $45,000 would be applicable to minority
15,
Nov.
on
common
15,
Dec.
General Candy Corp.—^Year-End Dividend—
$2,084,366
income-,$1,254,964
directors
the
on
(,576,047
Charges of Federal Water & Gas Corp.;
on 5 l/a %
gold debentures—
Balance
paid
12.—V.
Dec.
$2,377,127
Interest
V;:'
i,
A
charges
15
164,702
; $1,565,645
.U«:
v'Vv'-'
695.
p.
Distributions
1
Oct.
"
Miscellaneous
of
amount
Dec.
compares
April
63,889
71 ,606
157 831
...;■
on
like
p.; 1773.
the
The
preferred stock-—
Minority interest in net income——w
paid
156,
with
This
Applicable to. issues refunded before maturity
15,
General Baking Co.—10-Cent Common Dividend—
.,769,964
88, 252
of
payable
V, .156,'
$6,088,450
$1,551,860
—
to outstanding; issues..iil__—
Applicable
Dividends
p.
dividend
extra
dividend
on
Interest
156,
Sept.
cents;
Gaylord Container Corp.—Extra Distribution^-
$5,915,763
172,687
;
"v;:
•tEarnings per common sha're__-_„_-._j-.___2.-l.
68,753
$4,399,430
earnings
other
25
1326.
June, 14r
$1;
15,
1941
■
Giddings & Lewis Machine Tool Co.—50-Cent Div.—
share has been declared on the common
per
1942
$47,500" $1,547;1O0; $1,366,67^'
$30,950
'
-Watt. 1' to Nov; 14—
1941
■.
t
.
End. Nov. 14-
1942
cents on
10
'"Net
Cr51,892
97,024
profits tax
excess
income, taxes——J
State
Total
income
cents
of 50
cents.—V.
50
1,310,695
deprec. & retire. & replacements—
for
General
dividend
Feb;
1,733,755
.—_——'■—
to
of 1934, 'the SEC; asserted, in that company failed to ,file .its
annual report on Form 10-K for the fiscal year ended Dec. 31, 1941.—
payable
stock, payable Dec; 15 to holders of record Dec. 5.
A like amount ,was
paid on this issue on Sept. 15, last, as compared with $1 each • on
March 16 and June 15, 1942.. Payments during 1941 were; as follows;
559,473
2,873,367
construction..—
of
rates
appropriate
.Act
non-
Dec. 15 to holders of
with 50 cents paid on July 15, last;
$20,
par
compares
1941;
19,
has* been
shai*e
Crl43,567
1,945,826
charged to
at
after
consolidated,
subsidiaries
dollars
The SEC has ordered that the registration of the 8't>
cumulative
class A preferred stock ($20 par) be withdrawn from the Boston Stock
Exchange,. effective lO days after the date of the order, Nov, 20.
Action was: taken"under provision 13 of the Securities and" Exchange
3,290,599
1,557,900
General expenses
Canadian
156, p. 1864.
The
3,832,031
3,297,874
Crl28,382
purchased
the
under
taxes computed
Georgian Inc.—Delisting—
(The) Gamewell Co.—50-Cent Common Dividend—
A
$19,340,380 $17,390,546
4,533,939
Gas
.,i.
$0.86
•
130,925
Inc.—$2.50 Preferred Dividend—
per
stock,
This
28.
Dec.
on
March
,
'
profits
excess
States
Operating ;revenues_Wi
19,343
,
133,315
1501.
p;
Fruit of the Loom,
A
$3,947,392
$3,805,069
13,317,190
11,645,378
1,365,002 : . 1,292,-295
710,795 s. : 647,805
revenues———
gas
the
United
amounted
:■
per
—J—„
:—:
$0.97
Georgia & Florida RR.—Earnings—
$124,748
$178,961
1,618
charges—
income
Net
■
.
(& Subs.)—Earnings—
1942
"'• *1941 -:'.
30—
$21,831
—
deductions
fixed
finally
"'./\'!'
—_.
revenues—
gas
of
unto
-Period—
24,683
;
'
revenues
estimated
"
Total
$1.50
Natural
..
...$3a8,7l3
V;i$395,926
$1.01
B; 8,877
$157,504
'
Miscell.
record
Water
$408,546
;
approximately 16^ of the. total consolidated
net balance before reserve for contingencies.—V. 156, p. 865/
" :
$108,942
$163,673
;/
$6,618
400
income
cumulative
Federal Water & Gas Corp.
$0.59
com.
The
translation
■
Other
1048.
156, p.
,75,041
331,505.
Act of 1942; give no. effect -• to - the post-war *, credit- as pro-;
yided pnder' the Act. ; On the basis of the estimated tax as of
Oct, 10, 1942, this post-war credit is $63,329. •
'
^ V
)
$469,243
.
Net
share on the com¬
stock, payable Dec. 21 to holders of record Dec. 2.
Like,amounts
paid on March 20, June 19, and Sept.; 18, last, and in each quarter
during
$318,554.
.;
"-Includes "provision for Federal excess profits taxes under Revenue
of 1942 and Canadian excess
profits, taxes of $117,157. '
J
•:'
Notes—(1)
.
;'y
directors have declared a dividend of $1
The
mon
-/..';/
428,304
$433,754
1
under the Revenue Act of 1942.
However, the Fderal tax
provision for the first six months; of 1942 of $380,000 shown in the
quarter, which was based on the Revenue
out to be more than sufficient to cover the
$1 Dividend— "
$836,850
*59,830
-
.
income—
quarter
.-
:
Revenue
$584,179
393,927
..WWW'-~-
oper.
Net ■' rents
report for the second
Bill of 1942 now turns
as
$727,43l",
$378,383
Cana-
taxes-
,
sh.
per
exchange,
"After depreciation but before deducting depletion, Federal income
taxes, and year-end adjustments,
tThe- Federal tax; provision shown
herein for the third quarter represents the estimated tax for that
liability for the nine, months under the Revenue Act
passed,
fBefore depletion and year-end adjustments.
Br580
'
1
$768,264
tax
3,419
i;
,
275,000
$3.77-
:;
15,939
Act
$9,616
39,566
$24,785
oper.
Fed.
income
Earns,
1942—10 Mos.—1941
$44,787
5,386
before
inc.
Consol.. net
~
y
35,172
$64,351
Net rev. from ry. oper;
Ry.
$1,043,264
$931,249
dian
'
revs
net
(net)
/, income taxes .u;W—
694.
p.
income
$198,153-
Gioversvllle RR.—Earnings—
Railway tax accruals—.
income
INet
2,090
$54,699
Period End. Oct. 31-
$1,311,249
1380,000
67,000
Cr740
824
v
Other
^Including $64,520 in current period and $31,597 in previous period
from
1942—9 Mos—1941
.
$252,117
!
155,000
Cr3,543
.
•
Total. ry., oper.
Profit
—
deductions,,,,,,,,
income
Net' income
Federal'Mining & Smelting Co.—Earnings*
18.228
charges—,,
Fonda, Johnstown &
Prov.
1,062
5,158
:
the four
to
,999
expense-
charged to construction
Miscellaneous
quarterly payments: made during. 1941, the
following extra disbursements were made in that year:
Aug. 30;
10 cents, and Nov. 29 and Dec. 26, 15 cents each.—V. 155, p. 502.
addition
In
and
3,027
12.660
of debt discount
interest
Other
per
Previously
Dec. -7,
Nov.
declared
have
directors
The
long-term debt,,,-
miscellaneous .
on
Amortization
corporation: on
materials
for
the
Nov.
26
first
announced
10
months
compared with a total of $406,149,273
also V. 156, p. 1606.).
General
that
of
-
it
1942
•
Gross
;
Net
:
1,431,197
front
■
.
Holders
,19,545,000
6i6O4,830
Oct.
15,. 1961,
bonds
have
lOlVa 'and
'
of-first
are
been
(closed). mortgage
487,183
;
■
-railway—26,999,719
income„___—4,447,372
V.- 156, p. 1607.
'
338,877
•.
railway^:.—--10,291,279
from*
1940 '
$1,813,000
735,983
:
650,748
sinking fund
247,108
' •
/
15,436;743
,
^447,657
3,217,487
Gulf States Steel Co.—Bonds Called—
,,
Motors
,
'
Net yy. oper.
$1,452,255,449,
delivered in all of 1941,
(See
employment,- it was "announced," also continued to
During the week ended Nov. 15, total General Motors
hourly-rated factory employment in the United- States was 273,112, an
increase of 10,563 over the week ended Oct. 11,
This brought the
"total employment in the United States to "approximately 343,530.
In
addition, 13,175 men and women are employed in Canada.
1
railway:.....—
From Jan, 1—•.
to
increase.
from
$3,423,996
Net ry. oper income—:
;
1941 '
$2,185,049
.1942
.
from- railway—
1,150,127
>
•
4%Vp. bonds, dye
being notified,that. $42,000-principal amount of. the
called by lot for .redemption on Dec. 23. 1942, at
The bonds will be redeemed, at ,the. City. Bank
interest..
Farmers Trust1 CO., trustee,
22 William St.,-N, -Y. City.—V. 156, p. 781.
'Volume 156
'
-
THE COMMERCIAL & FINANCIAL CHRONICLE
^Number'4129
(W. F.) Hall Printing Co.—Extra Dividend—
An
of 25 cents per-share and
extra -dividend
diyidend
amount
like
of
declared
have -been
both payable Dec. 21 to holders of record Dec.
*
waS'also
paid
the
on
5.
'
of
25
cents
15, 25
The
and
30
directors
Nov.
on
the
on
declared
24
quarterly dividend
a
of
cents; "June
quarterly
stock,
of
no
dividend
value,
par
record
Operating
.
Dec.
to
holders
made
of 62y2 cents
also declared,
was
21.—V,
of
this
on
record
issue
156,
share
per
on
International
The
Operating
payable
the
2 to
on
Jan,
paid
1942—9 Mos.—1941
$8,841,825
22,807
24,998
219,242
57,986,468
54,351,023
1,343,886
13,833,088
12,230,514
$1,158,451
Net
$1,198,943
1,030,810
income
984,090
income
—V.
a
Dividend—
dividend
year-end
of
50
cents
per
quarterly
1941.
A year-end dividend
1941—V. 155, p. 1837.
20,
Period End. Oct. 31—
Railway
8,537,621
8,612,408
oper.
of
$1.40
share
per
also
was
Net
1942—Month—1941
Earnings
1942—10 Mos.—1941
revenues
$439,491
$409,481
$5,072,794
$4,666,581
operations
fr.
rev.,
Inc.' avail,
$9,753,150 $10,740,038
1328.
156, p.
in
Dec.
on
Net
operating
Co.—Year-End
stock,
International Railways of Central America
209,548
6,273.998
1,522,771
rev.
declared
$77,531,123
$81,791,948
6,540,048
oper.
expenses
Harvester
have
common
the
payments
-Earnings-
$9,244,077
Operating taxes
Net
directors
on
payable Dec. 15 to holders of record
Nov. 30,
and the regular quarterly dividend of 50 cents per share
on
the
same
issue, payable Jan. 15 to holders of record Dec. 19/
Four
quarterly distributions of 50 cents per share were previously
made during the current
year, which compared with four
1327.
p.
1942—Month—1941
revenues
Uncollectible
cents
35
21
were
$1,177,043.—V.
Payments during 1941 were as follows:
25, 50 cents; Oct. 10, 25 cents, and Dec. 20,
Illinois Bell Telephone Co.
stock,
common
Dec,
each
cents
provision
share
A
holders
payable Dec. 22 to holders of record
Dec. 8.
This compares with 20 cents paid on Sept. 26, last; 30 cents
on
June 26, 1942, and 40 cents On March, 26, .1942.
In addition to
the four
quarterly payments of 25 cents each made during 1941, :
the company on Dec. 22, 1941, paid an extra dividend of 50 cents
per share.—V. 156, p. 782.'•
*'•
' ''
share
payable
25
profits tax credit, $1,564,865;
total, $2,377,043.
Additional
for obsolescence, $1,200,000; net increase first six months,
156, p. 1690.
excess
the
on
•
Ilarrisburg Steel Corp.—Larger Quarterly Payment—
The
share has been declared
per
last.
Period End. Sept. 30—
per
cents
value,
of
15
June
regular
class
per
of
par
cents.
50
share has been declared on the common
stock, par $10,. pa^ahle Dec. 21 .to holders of record Dec. 5.
Similar
distributions were; made on March 20, June 20 and Sept.
21, last.
Payments
during
1941 were as follows:
March 20, June 20 and
Sept. 20, 25 cents each, and Dec, 20, 50. cents.—V, 156, p. 695.
dividend
A
-
no
Distributions
18
March
Ilammermill Paper Co.—25-Cent-Common Dividend—
r
10.
dividend
stock,
March
j
•
B
Dec.
stock,-
common
Interim
An
class
An extra of 25 cents
March'31/last.—V/156,'p. 865.
on
Houdaille-Hershey Corp.—30-Cent Class B Div.—
...
the regular quarterly .-1
1953
188,124
163,653
2,329,304
1,934,453
fxd chgs.
158,566
111,061
1,909,609
1,597,973
—
$86,775
$34,321
$1,179,521
for
income
$818,667
■
Hasbrouck, Thistle & Co.; Inc.—Acquisition—
•
Nate—Federal
Interchemical Corp
-
9 Mos. End.
"
The
The
two
businesses
inc.,
Co.,
the
has-purchased
company
Broun-Green
business
assets of
The
be .combined at the plant of Hasbrouck, Thistle &
will
aSt",)-New York.
.161' William
and
physical
established over
which, was
Co.,
75
This
years
'Z 1942 Z I
Sept. 30—
Sales
ago.
been
(& Subs.)—Earnings—
.1941
.
*
believed
Costs
and
expenses—"Z.
19,710,755
22,180,094
17,075,969
Iowa
15,763,442
The
brings
consolidation
$1,755,070
$2,389,779
Crl 15,342
Cr93,569
$1,870,411
$2,483,346
'1,100,000
*1,144,000
$1,107,787
;
Cr18,211
.77,096
$1,125,997
$1,282,571
J343.900
A dividend
of -75
cents per
stock,. payable Dec.
share has been1 declared on the common /
Net
of record Dec. 1.
Distributions of .
25 cents each were made on April 1, July 1 and Oct. 1, last/ Payments ?
during 1941 were as follows; April 1 and July 1, 25 cents each; and
Oct. l and Dec. 27, 50 'cents 'each.—V. 156, p. 1050.
vV ;Zy' - I V-,
to
29
holders
profit
260,550
$1,022,020
293,193
§390,924
§390,984
**391,845
Sales
dividends——
348,384
1464; 512
11464,511
ftll5,847
—v.
$3,147,136
$383,910
Jf$73,398
$514,329
$1.64
$3.26
/
$1.68
$2.51
1942
and
Surplus
The directors
the
on
Like
amounts
stock,
Payments
declared
23
Nov.
on
common
payable
disbursed
were
during
1941
were
15
Dec.
on
dividend of 25 cents
a
March
to holders of record Dec." 5.
14, June 15 and Sept, 15, last.
follows:
as
March
4,
June
1941.
of
as
June
Second
782.
p.
and
and
Sept. 15, 25 cents each, and Dec. 15, 50 cents.—V. 156,
1941)...
30,
1940,
profits
taxes
possible
of
$560,000
additional
(Includes
Act
Revenue
1941
;•
excess
(Includes
.
and
16
share,
^Including
share
per
in
Federal
the
income
Homestake Mining
Co.
:
After Dec. 7—
Partial
Dec,
of
7
operation of the
closing date will
the
WPB
The
appeals
decision
will
Allowed Partial
Operation
in
.
(2)
for six months after the original
Dr. A. N. Holcombe, Chairman
company
be
permitted,
board, said Nov.
permit' taking
to
24.
$412,285
The
based
are
in
the
reductions
any;
tax
payable
which
of $450,299
Act
Revenue
in
taxes
from
be
may
75
Like
a
156,
which
the
of
1942,
in
1942;
1608.
p.
account
on
of
dividend
preferred
amounts
paid on July
were
1775.
p,
last,
l,
and
July
on
1,
•,....
...
and
from
other
certain
to
excess
A.
and
Sept.
24,
24,
1942,
last,
and
in
compared
as
each
quarter
with
during
'
:Z,:'-'///Z;/'
Johnson, New Brunswick, N. J.—Changes
''Z.
Cosgrove,
z:v;:'/zZZ'
Treasurer
of Johnson & Johnson, has been elected
the wartime vacancy created by the resig¬
Clapham, who is joining tlie U. S. Navy as a
Lieutenant Commander, with assignment to the ofHce of the Secre¬
tary of the Navy, according to Coloniel Robert WZ Johnson, com¬
excess
provisions
President
nation
taxes
of
30
of
is
to
Arthur
fill
R.
officer of the
manding
subsidiaries.
Sept.
&
24
March
on
156, p. 1775.
Acting
son
Sheet,
June
on
share
per
in Personnel—
'
Balance
made
were,
cents
Johnson
y; '
effect,
post-war
1942—44 Weeks—1941
:
$431,936
profits
giving
special
'
1608,
Higher—
1942—4 Weeks-^194lZ..
$4,218,817 '$3,554,436 $44,248,002 $33,000,000
z
/
w
dividend of 50 cents per share has been declared on the common
payable Dec, 24 to holders of record Dec. 10.
Similar pay¬
F.
without
result
may
"relief"
applicable
Consolidated
have
Company
(Del.)—Dividends—
payment
cumulative
1941.—V.; 156,
p.
1941.—V.
1,1939.
Nov.
;.Zy../ZZZ../ \
$409,775 in 1939.
Federal income and
or
credits
Act
the
declared
former
——————rr
ments
(provided
and
for
Federal
of
out
depreciation
1940,
provisions
on
profits
broken ore already in the
mine and milling the gold for that period, whereas the original WPB
order said, all operations must cease by Dec. 7, and breaking out of
new ore was forbidden after Oct: 15.
V/
! ;
;
r
A
closed
hearing was held recently when an appeal was heard
on
the
WPB order
shutting down all gold mine operations in the
country after Dec. 7 in-an attempt to divert the gold miners-to
-
1941;
1942
of
1942.
stock,
$542,000-in
taxes
additional
respectively.
respectively, .•/♦flncludes $97,761
1, 1939.
«Deficit.
ZZ.z/
Provision for
of
Johns-Manville Corp.—50-Cent Common Dividend—
§Includes
1940.
1940,
Notes—(1)
have
the
15,
156,
A
tax imposed by the
$97,731 payable Nov,
1,
Ulncludes $116,128 payable Nov. 1, 1941
of
ttPayable Nov.
•
months
Jewel Tea Co., Inc.—Sales Continue
$782,097
—
per
10
Act
profits tax.—V.
excess
Period Ended Nov. 7—.
$1,239,346
Earnings
(A.) Hollander & Sons, Inc.—25-Cent Com. Dividend •;
Dec.
dividends,—.
Common
the
Revenue
Southern Utilities Co.
on
certificates.
and
$770,411
Preferred
to
the
flOO.OOO
„——
•
.
subject
for
accruals
to
stocks outstanding
ori
Aug. 3, 1938, at the rate of $1.75 per share on the 7T series; $1.62Va
per share for the 6V2% series, and $1.50 per share on the 6%
series,
all payable Dec. 15 to holders of record on Dec. 1 of
dividend arrears-
$1,359,666
-
*
tax
conform
directors
arrears
.'together >two of the most prominent firms engaged in legal and ;
Operating profit '/Z__
financial printing and,.engraving.
,.y.yZ
:
• ■
i
Other deducts, (net)—.
: Robert
K. Thistle will -be President and Treasurer of the new firm. f
"John Burlinson-'will Te' Vice-President; and R. Vincent Borgese, Sec¬
Profit
retary.
■. /
\
•/',;/ ■
/-,. Z
.'
vV-""
Federal taxes
Z
Zy/
J
\
: ;„V-.".r
Prov.
for contingencies
Hinde & Dauch Paper Co.—75-Cent Dividend—/;: >
-
not
income
to
1939
1940
$21,465,825 $24,569,872 $18,183,756 $17,123,108
-
adjusted
on
leave
war
Johnson
&
York
New
from
his
Ordnance
position
Division.
Coloniel
Chairman
as
of
John¬
the
Board
Johnson.
,
Assets—
Cash
' V;
/
hand————,———
../■/..
banks
in
*Notes
and
and
Merchandise
inventory
Investments
and
Colo.
Develop,
and
zinc
other
essential
more
mining.
:
-
;
,
.
-
-
decision
No
1689.-
p.
has
been
disclosed -on
latter mines.—V.
the
ZZ/< //'
>.■: ■■■:
to
6,406,388
machinery and
prepaid
insur,,
.
Gross
sales
Gross
income
-
693,938
Before
Accounts
2,461,564
<
u/
payable
!
/
$1,603,418
200,000
requirements current
deposits
////"
Customers'
interest
Accrued
200,000
17,521
21,845
v
payable—"
5,396
Counsel.
by
remains
J.
D.
P.
becomes
John
Mr.
He
assistants
also
Treasurer.
Cos¬
Mr.
L'Hommedieu 'and
Ken¬
Vice-President/retaining
Gibson,
Jr.,
will
fill
the
hi3
Secre¬
Perry.
subsidiaries
overseas
.F.
Perry
Chairman
Johnson
accepted a commission in the Army
Department, the company created an executive committee
with general'supervision and direction of all its domestic
committee,
$740,093
—
Sinking fund
possible.
as
executive
as
Mr.
vacated
charged
$19,906,703 $20,122,109
have
General
as
taryship
and
2,542,579
,(less allowances) ./—s—/
555,327
etc.—
Liabilities—
1941
$2,495,678
1942
$2,759,974
.
post
377,097
becoming Acting President, emphasized that he
responsibility onty' temporarily, and expects
new
soon
as
Perry.
Ordnance
.
;■/;"/ v*W-;
•
(less discounts, returns and allow.)
6,261,683
180,000
will
in
this
relieved
neth
6,067,786
Hotel Waldorf-Astoria Corp.—Earnings—,'
9 Mos. End. Sept. SO—
be
725,494
& goodwill—
supplies,
exps.,
accepting
was
657,195
equipment
patents
Total
:
Cosgrove,
grove
formulae,
exps.,
Unexp.
y:Z ',■;/y >//
■
3,865,783
—
advances-————'
buildings,
tLand,
156,
1941
$1,930,336
2,512,370
receivable
Appealing the order were the Homestake company, the largest single
gold producer in the-country, and a "group of mines at Cripple Creek,
copper,
s.
Mr.
'1942
$3,365,220
—6,430,192
on
accounts
under
Smith,
and
affiliated
wartime
present
Chairman;
F.
A.
Interests.
changes,
Cosgrove,
will
L.
N.
This
consist
Smith,
executive
of: " George
Kenneth
Perry
Mr.
Smith will become Vice-Chairman'of
whose Chairmanship will remain, vacant during Colonel
Johnson's leave..-; '/; •
■,;z ',■."/ .■ .'•■,.■
The
new
officers
of the
company,
in addition to those abovementioned, will be as followsZ A. B. Hill, Vice-President in Charge
and
P.
D.
L'Hommedieu.
the directorate,
5,979
.
,'v
r
Total gross sales and other .oper.
Total
operating
Total
taxes/ insurance; etc,
■
Interest other, -than ^iqteresjt ;on .• the. debentures/
.Total .:amortization..._^___—1_
'
453,922
fr—viJ. •'
—
-.Rent i
■;
.4,475,0.51
.
.
■
373,580
.
Reserve, for Federal
27,080 ;
298,178
-297,700
;.
}
-
6% .cumulative
baiiks_—'
and in
392,714
508,726
stock
($100 par)
of
213,859
1,695*898
excess
1,65O}OO6
-/>
.>
1942
■•t
1941 "V."
$119,999
$113,071
Accounts ^'receivable
'
515,489
6,515,400
6,515,400
///;
2,903,200
2,903,200
i;504,216
460,734
.
Earned
1,002,895
/_4-;
3,147,136
Prepaid e x penses „/1—- —11 r/_ ^ _ /— ^/ •_
-Net-book'value of; lea seho ld__—_/
-
/Trade
advertising
.
■Total ;
^
8,772,669
3,401
Investments
; ;;
World's Fair-
New; York
5,500
v-
debentures^///i/^/_/i -/
discount
Bond
Reorganization
47,446
439,046
r.—
/•
-Equipment, reserves
98,678
106,959
•
of~caprtaL^,A--™--A.——•>.
c:
•
2,990,258
in
1942
1942
$19,906,703 $20,122,109
and
$310,490 in
and
tAfter
drums.
shares.—V,
par
-
54,560
dividend
of
Nov.
on
$1.50
in
$4,684,552
156,
lor
1941.
695. '
p.
1941, for
reserves
.
All
11,
declared
24
the
..
Liabiiities—
,
•}
//>/'.,,
}■'
issued
Jan.
28,
or
■record
Jan.
28
made;—V.
thereafter
soon
14. / HZ/i'Z Z/ZZ
of the current
Jan.
On
as
156, -p.
■.
as
Federal
Other
retirement
tax—////>-—/—-———/--
Depos., unearned '.rent/ other acctS.. receiv., etc.,
part of int. on the debs.- carried over—i_
deferred rent
———•
Frac.
Total
j
Interest
:
12.985
,
a
5%
stock
cash
stockholders
of
dividend
to
The
holders
of
-"
/
.
,
13,837 /
8,335 - -
1,060.163
• 124,527
53,712
due-bills/outstanding/—^.—6,061
Debt. int.
Advertising
real
of
.estate ' taxes
for.4vears
1933,
/././///•■'■
„-/---ZZ-_Z:/-wZ/--?-.-----.-:/;',;'' Z-13,304
1934, 1936
Sinking fund
income
debentures—/////—--ZZ
38,415
51,019
8,335
718,003
>;75,814
Z 53,712
11,416
,
■
13,304
10,985,000/ 10,985,000
sales
of
'
income
-V.
156,
p.
$3
605.
$109
On
also
was
Hudson & Manhattan
Oper.
&
exp.
RR.—-Earnings—
1942—Month—1941
revenue—
oper.
taxes—
$666,522
$744,454
533,405
475,470
-
$6,334,209
4,567,023
$191,053
$211,049
8,772
$2,142,620
$1,767,186
10,067
100,975
106,392
.
als, etc.
excl.
of
adj. inc. bonds-
$201,120
;
int. on
-
144,946
$2,243,595
$1,873,578
148,097
1,463,394
1,497,798
r
Net inc.
'
avail, for int.
Z/»
$74,875
109,367
inc.
•
-
$53,023
$780,200
$375,780
118,554
1,173,054
Deficit
Out standing in
J.
&
Johnson,
S.
John¬
International.
been
has
payable
declared
Dec.
21
made
each
on
1151.
p.
on
this
issue
Dec.
Z
-the
'
/
Vjo
record
Dec.
on
11,
non-
of
holders
to
on
1940,
.23,
and
in
i/
/
1,
1941;
series
A
series
$2
on
Z//ZZ
$1.50
compared
as
share
per
with
$3
/
Dec.
2,
preferred
stock,
non-cumulative
and
1940,
$3
and
dividend
a
Nov.
stock,
21.
made
(
on
and
1940.—V.
156,
June
on
June
1,
; Z-
on
;
the
2
was
each
stock
and
preferred
to holders of-record
1
distribution of
stock,
regular semi-annual dividends
cumulative
preferred
6%
C
payable Dee.
a
the
6?e>
non-cumulative
the
on
declared
19
the
"ZZ/'Z-1/, :.
160,051,443
151,758.328
838,642
3,189,244
2,167,851
only
58,759,879 163,240,687 153,926,179
payment, this
•
on
the
This
com¬
is
the
Distributions
during 1941 were as follows:
and July 15, 12Va cents each, and Dec. 15, 25 cents.—V. 154,
15
1265.
p.
Pay 37V2-Cent Dividend—
dividend of 37V2 cents per share has been declared
stock, payable Dec. 15 to holders of record Nov. 30.
&
repairs
than
3,162,019
1,018,937
year.
yz.Z/'/Zz''
;
:
Z;'Iz'Z;■: "■■'//-..V-
'■// z/'VyV''
/_,,■;
18,228,604
19,057,404
1,935,848
5,374,135
the
179,857
debt
171,928
539,496
15,381,868
40,417,212
663,836
734,926
2,049,556
1
Z
502,226
38.728.633
2,171,507
;;13,995
20,069
6,089
_
71,717
62,913
198,891
241,991
obsolescence-
2,382,833
2,714,627
*9,967,678
8,139,688
198,372
267,021
611,114
704,184
1,734
14,393
5,201
43,282
———Z
4,145,620
11,585,327
27,564.702
par
a
dividend of 37V2 cents per share on
$1, payable Dec. 10 to holders of record DecZl.
distribution
compared
made
was
on
with an initial of $1.50
on
this
issue
Dec. 21,
on
July
1936.—V.
1,
last,
156,
which
696.
Fed. normal taxes
1,047,658
1,313,064
*3,142,690
4,812,984
*17,361.503
334,197
*312,688
749,751
The
directors on Nov. 20 declared the following quarterly dividends,
payable Dec. 29 to holders of record Dec. 12:
87V2 cents per share
series B 7 % cumulative preferred stock; 75 cents per share on
the series C 6% cumulative preferred stock, and 62V2 cents per share/
on
the series D 5%
cumulative preferred stock.
These are half the
regular quarterly rates on these issues, and like amounts were paid
on
April 1, July I and Oct. 1, last.
Previously the company paid
regular quarterly dividends on $1.75 per share on the series B pre¬
ferred; $1.50 on the series C preferred, and $1.25 on the series. D
on
10,350.079
39,096
Kings County Lighting Co.—Preferred Dividends—
y
all
3,294,894
1,672,855
p.
the
27,421,891
of
debt
disct.
&
on
stocks
pfd.
&
profit
profits
taxes
taxes
>.
of
__—
taxes—j.
——
Canadian & oth.
foreign
171,914
—-—
excess
credit
-
803,192
1,285,564
1,514,648
4,321,890
5,462,257
11,512,519
167,285
—
45,663
_—
——
profit /
After
months
giving
as
A
mon
dividend
stock,
was
with 20 cents
were
of
to
cents
Dec.
made
on
each on March
as
follows:
share
per
has
been
declared
on
the
com¬
11 to holders of record Dec. 1.
A similar
this issue on Sept. 14, last, as compared
14 and June 12,
March
31
and
June
1942.
30,
20
Payments during,
cents
each,
and
Sept. 30 and Dec. 23, 30 cents each.—V. 156, p. 783.
(The) Knickerbocker Fund—Assets—
45,663
4,321,889
30
payable
.<
..
Co.—30-Cent Dividend—
*1,736.150
7,244,071
adjustments applicable to the
Excess provision
for taxes, $808,178;
effect
follows:
1,427,045
1776.
156, p.
(I. B.) Kleinert Rubber
1941
profits
(U. S. Fed.)
preferred stocks.—V.
distribution
1,214,097
—:
profit
Canadian
*
declared
have
class B stock,
similar
5,521,916
2,660
Excess
Net
2,826,735
.,7,076,776
8,478,107
debt
subsidiaries
U. S.
3,028,043
1,725,353
Depletion
Divs.
1,120,916
5,467,083
/--—
funded
Other
Kelsey-Hayes Wheel Co.—37y2-Cent Class B Dividend
8,150,323
A
expenses
income
on
on
9,495,273
and
for doubtful accts,
Int.
3,188,242
79,138,943'
The-directors
Sell., gen. & admin, exp.
Prov.
86,157,024
in¬
—.
freight,
delivery
29,884,300
At
$809,762
Nov.
6%'
preferred
1,185,542
—$34,492
."$65,532
$392,854
the hands-of the public.—V. 156, p. 1689.
1.
A
57,921,237
45,888,364
taxes)
Outward
tax
bonds_
adj. inc. bonds
adj.
on
stock,
Katz Drug Co.—To
$
1,067,166
Net
on
*
•'
C
1608.
44,821,198
& disct.)
,.Z1^——vZ-Z"'. 25,857,007
(other
come
Post-war
•Int.
Research;
/
•1942—12 Mos.—1941
charges,
Inc.
-
-$219,821
income
;
mon
(net)
Maintenance
Taxes
State
Gross
Mos.—1941'
;
Z
Total -Z—
■
Net
Operating income _j._
Non-operating
income-
of
Pulpwood, labor, materi
Deprec.
1942—10 Mos.—1941
$6,912,078
4,769,458
share
per
156,
on
value,
last,
par
June
series
p.
(& Subs.)— Earnings—
1942—3
re-
expense
Period End. Oct. 31—
$2
on
B
share
per
March
Amort,
Gross
Johnson
payment was
compared with SI
series
'
Int.
/—■—Z/„/-—$13,178,578 $12,599,651
—
of
similar
share
per
the
of
1689.';Z.V;'/-Z/:-iZ;Z
(less
turns, allow.
Other
Gross
Total
of
preferred
A
;
directors
$3
on
be
distribution
$
.Gross
12,018
•
; deferred: ;rent_—^--—_////—/—//'■■
withheld-on acct,r of ueorg. expenses/
on
Refund
$373,223
223,615
23.657
12.121
expenses_///Z//Z//4li^//iZ/Z/-/';Z;/ 49,145
accrued
,
,
Charge of Hospital Divi¬
Charge of Manufacturing;
Kansas, Oklahoma & <*ulf Ry.—.Dividends Declared—
,
quarterly
practicable/ to
■ ■
payable
4.
last, year, as
December, 1939—V.
by
■
all
year
International Paper Co.
Period Ended Sept, 30—
■■„."'. f
/f__-ZZZf/Z— --Z— -/-_-Z/--;; $332,354 /
Basic rent and taxes due//Z——Z~Z/ZZZ_/„-^ ;
469,754
Unemployment insurance taxes//i/^/fr/Z//Zw./
24,925
Admissions, sales, gross receipts, etc. ;-//Z///-ZZZ/.: 24,476
Accounts
President
dividend
A
Dec.
Dec.
;
in
in
Director
Kansas City Southern Ry.—$2 Preferred Dividend—
•
regular
and
Li„/r--Z-// $13,178,578 $12,599,651
Z—Z—
Total
and
are^ members of the Board of Directors.-V. 148, p. 3224.
cumulative
doubtful
depreciation
J Represented
ZjZ Z;vZZ-'Z
per, share,
payable Dec. 22 , to
in addition thereto a 5%
stock
Dec.:
:
2,205,578
directors
record
68,865
:17,066
14,180
"■Net deficiency
The
475,889
/V
expenses,
In
International Business Machines Corp.—5% Stock Div.
5,500 .'
'2,771
-
no
$270,959
outstanding
$5,016,080
290,320
9,100
"
100-
43,773
Bond ■ -expenses.
.
of
and
Vice-President
VicerPresident
ViCe-President
1,000
;
9,100
/../
stock'of other corporations-^—
dividendsfi-L—
in
Estimated -insurance
-
/•"/■'•
1,000
-
of
reserve
accounts
7,275
-
*Liess
*
61,361
.
8,433,657
»
-
contracts—
Investments in stock of affiliated corporations-
.«
255,806
92,375
Nicholas,
Secretary' and
</
V'
404,874
■—
456,640
•—
C.
2,787,063. '
—
'
Inventories
E.-Dickson,
Mathey,"
S.
son,
Vice-President; H. J. Henry, Director of Merchandising;, G. :W.
Achenbach, Director of Purchases; N. L. Smith, Assistant Treasurer
and President of the Chicopee Companies;
W. J. Walters, Assistant
1,850,000
610,857'
E.
W.
G.
70,000
"
Sales;
sion;
-1,353,441
——:
surplus
surplus
Capital
•
hand
on
188,182
*
,
^^i^BalanceiSheet/'iSept. '80
Assets—"
Cash,
Income
preferred
stock
I Common
U'ij
382,612
>,
163,391
profits taxes
'■Other- liabilities /———/_/—_—ZT.
Sinking" fund debentures-—
Reserves / //—_//—////Z^-/-Z//-//Z/_//■—_'
$325,25'/
$337,472
■
300,881
"
.
+
39,772
-
.
.
Accrued payrolls and commissions..
:—
^
r
^/—„——/ —:'v
4,325,689 / v Accrued taxes:
Other current liabilities///^—///—/—//-/// ''
448,262"
Dividends payable Z——_—/——————
183,291 .
$4,957,242
$5,302,553
income-
expenses—-
11,512,519
first
six
assets
.
post-war
the
portfolio
Jf
J-L
close
cost
of
Oct.
business
$584,616,
consisted of
31,
1942,
the
securities
held
in
showing an unrealized loss of $120,854.
in
$489,609
r.
1
the
The
cash and $463,762 in the market value
nZratn
of the portfolio, making total assets
r\t
O O £ Q
O T1
\7
1 £ £
of $953,372.—V. 156
^
f\n 1
payable
stock,
tributions
Dec.
to
14
made
were
payments
first
on
holders of record Dec. 4.
April 25, July 25 and Oct.
this stock
on
Similar
dis¬
last,
26,
the
on Nov. 24 approved an application of the company for
permitting it to purchase 2,500 shares of its capital stock
of $22.50 per share under an agreement, dated Nov. 6,
SEC
order
at
will
will
payable
stock,
amounts
were
paid
Dec.
to
14
March
on
13,
holders
of
ments
effort
to
the
assist
to
Government
meet
Star
all
shares
the nation.
HI., plant from the
making of automobile glass to the manufacture of pre-fabricated homes
and many one-, two- and three-bedroom houses have already been
produced
for erection at the Government's ordnance plant near
The
has converted part of its Ottawa,
company
other
corporation
employees'
its
in
participations
p. 1609.
with the SEC a $174,000 issue of
retirement income plan.—V.
156,
registered
has
Securities
plan
of
sentence"
The
and
Commission
Exchange
approved
provided
sale
the
for
Lone
by
Star
25
on. Nov.
reorganization for the corporation to comply
provisions of the Holding Company Act.
plan
the
new
State
of
into
the
The SEC
The
Gas
Gas
its
of
Corp.
Texas.
report
the plan of reorganization follows:
on
applicant companies was approved by
the Commission on Oct. 19,
1942, provided that the applicant com¬
panies amend the plan to provide for the, disposition of the assets
and businesses
of the System located in and around the cities of
El
plan
Section
11
the
that
by
the
Galveston,
and
Paso
filed
as
of
Texas,
required
as.
by
standards
the
of
Holding Company Act.
The Commission also found
of Section 11 required that the Lone Star Sys¬
the
standards
and Council Bluffs Gas Co.
These latter requirements had been recognized by the companies when
they originally filed the plan, and as required by the proviso con¬
tained in the Commission's order approving the plan, the companies
have amended the plan to provide for the sale of the El Paso and
Galveston properties.
tem
dispose of Northern Natural Gas CO.
Before the plan may be carried into effect the holders of a majority
of
the
their
outstanding
Lone
of
must give
the companies must
Bluffs Gas Co. and
Star
Gas, Corp.
approval.,
dispose
Under the Commission's order
Northern Natural Gas Co.,- Council
of
business
the
stock
common
and
assets
in
and
gardless of whether the plan is
Description- of
Lone
Star
El
around
and
Paso
Galveston
System—At
the
seven
one other company, Northwest Cities Gas Co., is a subsidiary
Star Gas Corp.
The corporate reorganization of Northwest
is imminent under the Bankruptcy Act,
and Lone Star Gas
plan,
Lone
Cities
$5,000
and
cash.
in
the
by
the
of
proposed
has
Corp.
the
This
sale
sale
having
court
has
its
been
jurisdiction
subsidiaries
seven
of
wholly
are
in
interest
the
by
approved
this
Co.
Gas
portion
over the reorganization.]
All
owned by Lone Star Gas Corp.
of
in
cipally
Lone
and
Star
Gasoline
Co.
in
operate
Texas
of
(1)
The
Lone
Star
latter
of
share
stock
the
as
of
Lone
proposes
the
following
in
a
Natural
Northern
Gas
Star
Corp,
stock
Only
to
each
whole
18
shares
;
shares
of
be: dis¬
will
however; shares which represent fractional interests will
the highest prices obtainable through arm's length bar¬
the entire proceeds from such sales will be distributed
the form of cash to stockholders having fractional interests,
is
and
Lone Star Gas
(2)
of
of
be
and
$100)
Council
Bluffs
estimated
part of the
outstanding
,
with
the
Gas
of
compliance
approving the
Co.
Texas,
located
will
in
be
The
of the
proceeds
assets of
from
this
which
With
the
plan,
and
sold,
proviso
the
around
the
and
contained
assets
the
and
companies
in
the
businesses
cities
of
El
*
The
The
Do.;
have
Texas
and
corporate
all
of
Gas
their
Corp.
subsidiary
sidiaries
assets
will
to
and
Lone
surrender
companies
will
Co.,
then
and
Lone
Star
and
Star
Gas
cancel
assume
dissolve;
that
Nov.
on
stock,
$100
per
Lone
Star
and
share
Gas
all
Gasoline
Corp.
all
of
their
of
In
the
Co.
will
return,
Lone
securities
liabilities.
convey
of
These
Star
such
sub¬
The
the
plan
provided
that
in
cash
for
stock.
Corp.
has
their
acquired
'
!
year-end
.
Maryland Fund, Inc.—Seven-Cent Dividend—•
;
•
share has been, declared, payable
Dec, 15 to stockholders of-record Nov. 30.
This distribution is derived
entirely from dividend and: interest income after company expenses,
it
distribution
is
of
announced.
On
Sept.
seven, cents
:
=
last,,
15,
per
cents per share was made,
1942, and six cents on March 16,
follows:
March 15, TO cents;
15, six "cents, and pec. 15, seven cents.—
distribution of five
a
against..-seven cents on June 15,
1942. : Payments during 1941-were
as
June
16,
V. 156,
'
Sept.
cents;
seven
784.
p.
as
/.
•
May, McEwen, Kaiser Co.—Extra Dividend—
extra dividend of 50 cents per share and the regular quarterly
25, .cents per share have been declared dn -the common
stock, par $1, both payable Dec. 1 to holders of record Nov. 25. An
extra of 50 cents was also paid on this issue on Dec. 1, last year.—
V. 155, p. 1840.
,
'7 V
An
dividend- of
.
.
issued
payable
such
Distributions
the
the
on
current
the
To
;
each
cents
General
Taxes
(other
♦Provision
Gross
Net
made
were
,
the
on
and
stock
common
.
interest).,
expenses_™_i.,-l-L.
on
1941
income
2,406.253
809.059
773,720
340,452
767,313
77,410
$1,516,983
$1,629,256
$1.90
$2.04*
exps.~(
-
32,236
•
profits:
Earns,
per
156,
share.,
com.
dividend
$i;50
of
share
per
Sept.
26,
Sept.
13
$1,202,196
354,910
.
1942.
stock,
$1,556,706
Jan.- 2,
on
900,569.
r-
share)
300,948
—
deductions
end of period—
expenses
Operating
be
1942.
July
Payments during 1941 were as
1, 50 cents each, and Oot, 1,
7
' "•
1942—Month—1941 i
taxes
profits tax has been made
due.-r-V. 156, p. 961,
excess
will
on
Michigan, Bel! Telephone Co.—Earnings
Period End. Sept,' 30
Operating
tax
July 25, $1;
f
697; V, 155, p.'.2008,
156, p.
Operating
such
common
dividend of 62'/a cents per share ;on
2 to holders of record Dec. 16,
A
Oct, .1, last, as against 75 cents each,
a
Jan.
made
April 1 .and July. 1,
Jan. 2,; April 1 and
Act.
no
the
on
37
7 $355,154
$283,833
__
was
♦Provisions for Federal normal tax and surtax for.the nine months
ended Sept. 30, 1942, have been made on the basis of the 1942. Revenue
provision for Federal
declared
300,948
.
.
surplus,
900,568
,
declared
payable
similar distribution
Class
per
been
Payments during 1941 were'as follows:
$1.50.—V. 156, p. 697.
directors have
common,
,
75 cents.—V.
($1.00
has
Mesta Machine Co.—62%-Cent Dividend—
The
the
follows:,
common
.
$1,202,209
2
-
3.55,154
($1.50 per share)
$2.45
30, $1.50, and Dec. 23,
$1,485,350.
Class B
$1,811,275
$2.27
stock, payable Dec, 23 to holders of record Dec. 1.
A like amount was
paid on Sept. 25, last, as compared with $1 each on March'20 and
7,175
$1,130,197
common
83,229
$1,955,725
.
Mergenthaler Lintoype Co.—$1.50 Dividend—
A
56,250
-
A
100,382:
1505.
p.
7,175
.
.7,
estimated
2,273,107
66,000
taxes_,i^.I_^-_.
Total
is
1939
$4,508,063
2,265,069
-
Dividends on capital stock—(cash)---
No
1940
$5,094,890
,
Net
>
.
$1,297,870
.
Earned surplus, beginning of period.
Earned
1941
$4,853,697
2,337,972
„
devel.
Taxes
—V.
$1,234,755.
31,382
,
income taxesi
Federal
Miscellaneous
1942
$4,690,550
Sept. 30—
income
Costs, and
Depreciation
April 1, "
on
:
1942
income
income
.
$1,130,199
than
for
p.
company,"
Sept. 30—
administrative
and
156,
Mclntyre Porcupine Mines Ltd.—Earnings-
Louisville Gas & Electric Co. (Delaware)—Earnings—
I dividends
were
and
last,
1,
6 Mos.End.
the
,
12 Months Ended
distributions
Oct.
Gross
dividends
for-1942.
earnings
April 1, July 1 and Oct. 1, last, as against 30 cents each
July. 1, Oct, 1 and Dec. 19, 1941.—W 155, p. 2368.
Revenues
stock,
common
1941.-V.
23,
23 declared a dividend of 15 cents per share
payable Dec. 15 to holders of record Dec. 3.
made on this issue on .'April 1, July 1
on April 1, July
1, Sept. 2, Nov. 1 and Dec.
1505.
"
"
Npv.
on
*
' "These
statement:
following
of
out
25
directors
Similar
earnings are not sufficient, they are charged.against
of
Publishing: Co., Iiic.—15-Cent Dividend
McGraw-Hill
The
.
.
20
and undivided profits of the
surplus
Louisville Gas & Electric Co.
Year Ended Sept. 30—
Operating
Operation
as
it
revenues
(Ky.) (& Subs.)—-Earns.
1942
;
7
7^7——
—
——_7•
——;
Maintenance
—7-
$5,105,651
revenues
Uncollectible
:
$4,651,308 $44,886,563 $40,040,921
18.066
2,932,154
754,892
163,140,
18,043
3,348,293
893,669
' rev.
oper.
*.
v
1942—9 Mos.—1941
.
148.700
28,978,878
7,894,185
24,379,804
7,104,457
Net operating income
$845,623
$946,219
$7,850,360
income
825,538
.906,224
7,688,879
.♦Subject to change due to taxes.—V. 156, p. 1418.
$8,407,960
8,134,264
___
77:
1941
♦Net
-
$15,714,082 $12,980,088
5,168.483
3,951,305
77
611,521
reserve———
1,561,000
1,441,500
Amortization of limited-term
investments^—__
1,435
(other than income taxes)—
♦Federal income taxes
7^—.7
1,161,414
1,150.715
1,098,890
1,074,478
♦Federal
1,935,449
674.636
Middle West Corp.—To Sell Stock of Ice Firms—
561,902
Appropriation for retirement
.i.
Taxes
Net
.profits'
excess
.State .income''
tax6$77-7^v~7^»M-,
taxes—*.7-^w„7w-7-77--7l—
operating
other
Total
114,353
,
$4,009,770
207,572
34,085,817
200,237
.
1,429
;
110,073
,
income
income-,.-*.,
Interest
income
on
Other
—
of
interest
debt.——
debt
discount
7-—
of
$4,217,342
1,030,450
1,030,450
160,227
160,227
expense.
7—
Amortization of flood and
Amortization
and
$4,266,054
—
—
funded
Amortization
corporation on Nov, 17 asked the SEC's approval of a $708,200
to the Atlantic Co, of Atlanta, Ga., of all Middle West's
The
sale
cash
interests in three
ice-companies.
They are the City Ice Co.
58,944
rehabilitation
contractual
expenditures.
cap.
20,911
,
16,567
exp.__
all
these
but
holders
-•
■
$27,705
reduction
of
.
open
that
debt owed by Western to Middle
'
•'
retention of interest in Southern-Henke
account
any
a question involved; in pending SEC. integration proceedings and that
permission to acquire the stocks now would not prejudice any SEC
under the "death sentence" proceedings for divestment of said
shares.—V. 156, p. 1867.
/
is
action
.
■
.
250,000
37,000
.
••
of Kansas City, the Southern United Ice
and the Western Ice Service Co. Middle West stipulated- that 250
shares of capital stock of Southern-Henke Ice & Storage Co., owned by
Western Ice, would not be included in the sale of Western'$. assets.
The Stock is to be transferred to Middle West before the sale, for a
Co;,
37,000
'
Interest
charged to construction———^7..
of plant acquisition adjustments-
Cr170,009,
113,400
Amortization
Miscellaneous
■"
24,318
Cr69,766
3,145
19,839
Midwest Piping & Supply Co., Inc.—Extra Div.— ;
The directors lrave'declared
Net
income
—
♦Provisions
for
the
basis of
Federal
months
the 1942
normal
ended
tax,
Sept.
30,
Revenue Act.—V.
$iL765,536
,$2,995,157
—
for
nine
surtax
and
156, p.
1417,
profits
tax
made, on
the
Excess
,1942,..have
been
1
;
.
<■
the
•
common
extra dividend of 25
of 20 cents was also paid on, Feb.
extra
..Distributions
Feb.
:-
an
cents per share
stock,
payable Dec, 15 to holders of record Dec." 8.
Regular payments made so far this year were as follows:, Jan. 15 and
April 15, 15 cents each," and July 15 and Oct. .15, 30 cents each.
An
on
Louisville & Nashville RR.—$3 Dividend— ^
The
the
minority stockholders of Lone Star
Gas Co. will be paid cash for their stock.
At the time the plan was
filed there were seven such stockholders, owning a total of 64
shares
of
31,-10
similar, distribution
A
-
simplification outlined
erroneously
as
company
extent
Cities
that
remaining subsidiaries of Lone Star Gas Corp., namely
Co., Community Natural Gas Co., Texas Cities Gas
Gas
Jan.
follows:
as
1
dividend of $1.50, per share has been declared on the
stock, .par $1, .payable pec. 21 to holders of record, Dec. 1.
was made on June 2 and Dec. 22,
1941; .none
since.—V, 156, p, 1505. ....
A
Vp
declared
are
Galveston,
represented
Gas
Dallas
were
,
(Glenn L.) Martin Co.—$1.50 Year-End Dividend—;
A
Corporation A 85,600
difference ;between the net
35
directors
payable
Dec.
with
$3
Dec.
23.
p.
per
Nov.
on
23
to
share
19
declared
stockholders
each
paid
on
of
a
cash
record
Feb.
28
dividend'of
Nov.
and
30,
Aug.
-
$2
This
28.
1941; $3.25 on Aug. 27, 1941, and $2 on Feb. 28,
last;
per
share,'
compares
$1.75
on
1941.—V.- 156,
1776.
during.-1941
were
14,* 1942.
a$-..foliows*
.
,
. .
Jan., 15„-
.
25
cents;
24,.25-cents extra; April
cents,
,
and Dec., 15,
50
15, 15 cents; July ,15v 25 cen,ts; .Qct.-15,
cents extra.—V, 156, p. 1153.
would
However, since
five shares of
receive
that
time
this
stock
Lynn Gas & Electric Co.—Financing—
^
The company
has petitioned the Massachusetts Department of Public
Utilities for approval of the issuance of 15-year notes in the/ amount
of not less than $2,200,000' and not more than $2,500,000.
The notes
are
to
bear
It
be
dated
interest
is
John
The
Miiineapolis-IIoneywell, Regulator. Co.
Loan—
The
~
$15,000,000
■'
'
'f
,
has. announced negotiation of a $15,000,000 war -indus.try bank loan.
The loan was made to help finance the company's
war
production program by a group of banks headed by the North¬
western National Bank & Trust Go.- of Minneapolis. - It was set: up
under Government Regulation V, providing for a Federal guarantee
on
funds needed by war plants. < '
company
,
following steps will be taken to carry out this proposal:
Star
•
Commission's
of
Paso
(4) The remaining companies in the Lone Star System, all of which
be dissolved, will be combined into two new Texas
companies
(a)
1941
156, p. 1690.
common,
,
will
Lone
during
Payments
end, of 60 cents.—V,
•
by
it
proceeds from this sale will be applied to reduce the bank loan notes
or
will be used to acquire other natural gas transmissions or
dis¬
tribution properties.
The
last.
31,
cents; April 30, July 31 and Oct: 31/20'cents 'eachi and Dec. 29,' a year-
*
first mortgage bonds, < series F, recently
companies, carry
a
3%%
coupon
rate
stated in V. 156, p. 1329;—V. 156,
insurance
directors
The
securities
the
sale,
approximately $1,350,000, will be used to retire
loan notes of Lone Star Gas Corp., which were
Dec. 31,
1941, in the amount of $24,850,000.
In
<3)
order
will sell all
Co.
the
on
stock, payable Dec, 24 to holders of record Dec. 12.
Distribu¬
like amount were-made on Jan.' •31, April 30,1 July 31' and
of
Oct.
■
i'
declared, a. final dividend for 1942 of
45 cents per share on the common-stock, par $10. and the 'regular
quarterly dividend of $1,75 per share on the preferred stock,'par $100,
both payable Dec. 18 to holders of record Dec. 4. -
be
bank
as
Corp.
Gas
will
'
7
pay' to
The
.
acquired
$30,205,000
with 10
3%'%■).
Gross
sold, at
gaining
603 .
Middle-West, said
tributed,
be
issue
not
The
action:
of Northern Natural Gas Co. .owned by
will be distributed to the stockholders of the
dividend and. without cost to them, in the ratio
the
of
plan
stock
Corp.
company,
one
Plan—The
common
Gas
be
and
of the
notes
West.
the
plant
the
common
tions
-
Minnesota.
Summary
to
and
and
Southern
the
,
and
to
$500,000
by Lone Star Gas Corp.
Oklahoma and are collectively engaged prin¬
production, purchase, transmission and distribution of
natural gas and, as an adjunct thereto, in the production and sale
of natural gasoline, oil and butane and propane gases.
Council Bluffs
Gas Co. is engaged in the distribution of natural gas in the City of
Council Bluffs, Iowa. Northern Natural Gas Co. produces and purchases
natural
gas
in Texas and Kapsas and operates a pipe line for
transporting such gas from Texas and Kansas to Nebraska, South
Dakota, Iowa and Minnesota, where it sells the gas for industrial
use
and at wholesale for redistribution.
Through its wholly owned
subsidiaries, Peoples Natural Gas Co. and Argus Natural Gas Co.,
it also distributes natural gas at retail in Kansas, Nebraska,
Iowa
a
.
owned
is
.
(P.) Lorillard Co.—Final Common Dividend—
the
Co:,
Dallas
which
.
1776.
p.
subsidiary operating companies, namely, Lone Star
Community Natural Gas Co., Texas Cities Gas Co., The,
of
Five
Gas
issue
(par
to
connection
Commission
Star
Lone
stock of
mon
:
The
for
company
Gas .Co;, which is substantially wholly-owned by
Lone Star Gas Corp. and Northern Natural Gas Co., 30% of the com¬
except
In
land
time
companies and one of which, Northern Natural Gas
has two subsidiary operating companies.
I In addition to,
subsidiary companies which are directly affected by the
Company,
of
present
which wre 'to
with
.
operating
are
will
and
stock
assets
Interest deductions
the- Lone
Star
System consists of Lone Star Gas Corp., which is solely a
holding company, and its seven subsidiary companies, all of which
the
Co.
common
the
Long: Island 'Lighting;; Co'.—Correction-—
re¬
by the stockholders.
approved
of
placed
the
Co.,
.
"death
with
balance of the companies in the Lone Star System
operating companies to be created under the latfs of
the
of
bining
Bluffs
Council
its
to
above,
the companies will utilize their-existing surplus to eliminate
writeups,
appreciation and other questionable items from' their property
accounts
and
to
increase
their
consolidated
depreciation
reserve.
Following these adjustments, which are' in accordance with standard
regulatory requirements,
the
consolidated
property account
of the
System will be stated, according to the companies'; representation, \
substantially at original cost with the exception of an item entitled,
"Plant Acquisition Adjustment," in the amount of $4,210,225.
This
latter item will be amortized at the rate of $500,000 annually.—V. 156, !
p. 1865.
a
distribution of the Northern
Natural Gas Co. common stock owned by Lone Star Gas Corp. to
the stockholders of the latter company as a dividend, and the com¬
in
interest
A'
Reorganization—
Lone Star Gas Corp.—SEC Sanctions
The
the stock . of Corporation
for its own stock.,
t
Lockheed Aircraft Corp.—Registers With SEC—
The
of
additions,
will be paid off
it
necessary
gency.—155,- p.
The
of
(5)'
barracks
structures, including army
156, p. 1776.
pre-fabricated
types of
and
betterments
possible remainder of $300,000, or such lesser amount, as
for the payment or refunding of an equal amount of
which the company may elect to issue, the John
Hancock company has agreed
to purchase these notes in the event
that the company receives delivery of a turbine now on order, delivery
of which may be indefinitely delayed because of the national emer¬
.
military and war housing purposes.—V.
for
of
maturity
Marshall Field & Co.—-Year-End Dividend—
A year-end dividend, of ,20 cents per share-has been declared
Corporation-B, minus the
liabilities
it will
assume,
and the common stock ,it will issue; to
Corporation A an amount which it is estimated will approximate
$1,000,000, will be paid by Corporation A to Corporation B in .cash
for working capital.
.
.
„■
it was revealed.
According to Richard C. Carr, Manager of the new division, the
Ottawa plant will now produce several hundred four-family dwelling
units for a second Government project, and is also prepared to turn
out
its
this note, -proceeds
purchase
cost
the
On
short-term
amount
Gasoline
value
Ind.,
LaPorte,
distribute
,
shortage
housing
acute
an
As
is
principally
resulting from the unprecedented employment of workers in war plants
over
meet
15-year, notes.
,
of such assets now owned by, Community.' Natural;
assets to be retained by Corporation A will consist
of all of the natural gas'transmission and' distribution
properties of the System.
"
,
id) In exchange for the assets it will receive from Corporation >A,
Corporation B will assume all of the liabilities of the present Lone
housing division to
war
Co»
Gas
"streamline" the com¬
pany's production of pre-fabricated homes for war workers was an¬
nounced on Nov. 19 by company executives.
This was done in an
new
a
to
property.
Corporation A will transfer a portion of the assets thus acquired
small
a
Libby-Owens-Ford Glass Co.—New Division, Etc^-Formation of
used
-
Corp.
it to a second new Texas company, which has been designated
in the;plan as Corporation B but which will be known.as Lone Star
producing Company.
These assets will consist primarily of. all of
the production properties of the System and will
include all assets
now
owned by Lone Star Gasoline Co.,
the oil and gas leases and
other- production properties now owned v by Lone Star Gas Co., and
14,
Sept.
Lone Star Gas
assume.
by
Nov.
record
and
June' 12
liabilities it will
and
dissolve
then
(c)
30.
Like
last.
Pay¬
during 1941 were as follows:
March 14, June 14 and Sept. 12,
35 cents each, and Dec. 12, 55 cents.—V, 156, p. 1504,
common
cock, has' agreed-to
The
■
,
stockholders, share for share,
dividend of 35 cents per share on the
a
purchased.
Monday, November 30, 1942
.
Lehn & Fink Products Corp.—35~Cent Dividend—
have declared
Corporation A, but
be organized and
the amount of the
less
1942, between the company and Julius Rosenwald, 2nd.—V. 156, p. 1504.
The directors
shares
69
the
,
price
a
as
Co.,
Lehman Corp.—To Purchase Stock—
The
an
for
share
per
which will be known as Lone, Star Gas
Lone Star Gas Corp. will transfer all*
of the
assets then
held by it,
being primarily those, which it is
to receive from its subsidiary companies to this new, company.
Cor- '
poration A will, in return, assume all of the liabilities of Lone Star
Gas Corp.,
including those assumed from the subsidiaries, and will ■
issue to Lone Star Gas Corp. its; own common, stock
(par $10) in ;,
an amount equal to the net book value of the, assets-it'will
acquire
plan
1152.
1930.—V, 156, p.
since
$150
paid
.
companies have represented that they will pay $150 per share in
cash for the remaining five shares of such stock. •
•
(b)
A new Texas company,
which has been designated in the
share has been declared, on the common
10 cents per
dividend of
has
and
Lamson & Sessions Co.—10-Cent Dividend—
A
CHRONICLE
THE COMMERCIAL & FINANCIAL
1954
at
intended
Hancock
Feb.
1,
1943,
and to mature Feb.
1,
1958.
They will
in the transaction are-the First National Bank
Trust
Co., Minneapolis;
First National- Bank of St. Paul, and
Continental Illinois National Bank & Trust Co. of Chicago.-—V.- 156,
p. 1867.
234%.
that
Mutual
the
Life
notes
shall
Insurance
be
sold
at
private
sale
to
the
Co.
to be used in part to retire $1,700,000 of shortterm notes now held by the John Hancock Co.
The utility company will also issue a $500,000 short-term
note to
be dated Dec. 15, 1942, and to mature Feb. 1, 1943.
The John Hanproceeds
Other banks: involved
&
are
Motor Products Corp.—50-Cent Dividend—
A
dividend of 50 cents
per
share has been declared
on
:
the
'
common
payable Dec. 21 to holders of record Dec. 10.
This is the.
During 1941, distribution of 50 cents each
only payment this year.
were made On Oct. 10 and Dec. 24.—V. 156, p, 1777.
stock,
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4129
156
National Oats Co.—35-Cent Year-End Dividend—
Mississippi River Power Co»—Earnings—
12 Months Ended
Operating
revenues
Purchased
power
Operating
$5,848,248
—
518,805
471,853
95,872
—,—
expenses
Maintenance
1941
$5,010,199
961,083
273,586
77,325
388,440
1942
Sept. 30—
—
—
•
—...
Taxes, other than income taxes—A—419,083
Federal normal income taxes—
745,628
Other
profits taxes
excess
income
Provision
1—
taxes-,—
for
j——
—
9,459
—_
__
365,000
Net operating revenues—-—;!
A-■$2,428,048
Non-operating revenuesr—i—__,—.122,901
Gross
income
Interest
funded
on
Amortization
—A-.'1———
915,452
922,900
and, expense—38,723
39,247
8,553
11,667
$1,588,221
$1,449,922
——
discount
debt
of
—
Other deductions
(
^
Net
income
126,842
$2,426,736
debt
——
—
—
of
.
and
1,
and
1691.
P.
profits taxes for
excess
1942 is based on the Revenue
of
period
income
Federal
for
V
Act of
of
25
last.
1,
155,
cents
each
Payments
and Sept.
2
cents.—V.
40
1,
25
made
were
during
cents
1941
and
each,
March
on
were
a
1942.—V.
the
dividend
National
Power
&
cents
50
The
company
South
Utilities
Texas
$1,700
mately
cash
Co.,
assets
against
of
,
its
subsidiary,
wholly-owned
which
listed
were
approxi¬
as
$89,000 note payable to National and
14,500 shares of common stock.
Ih the other proposal National would surrender for cancellation to
Easton
Transit
which
it
Co.
of
the
43,000
shares
of
Easton
to Lehigh
Valley
$50)
(par
owns.
sell
would
the
remaining
2,000
156, p. 1868.
Transit Co. for $10,000.—V.
shares
for
for
Prov.
inc.
.
Sept.'30—
Fed.
sentence"
Eastern
The
of
profits
Post-war
of
refund
Net
doubtful
time
receivables
vided
in
prior
Oct.
1
:
For
of
2,000,000
7,300,000
to
'—
* ——,—.
Gas-output for
2,000,000
'2,600,000..'
.
A-.4
:
$6,613,885 $15,024,944 $13,930,923
$1.20
$2.68
$2.47
$1.20
law.—V.
■ ;■
and
quarter
156,
nine
months
this
revenues
A. :■/'
1942—Month—1941
'increase
Operating
$2,553,168
$24,973,754
84,058
69,174
1,959,723
taxes
Net
Net
156,
1,677,145
16,300,612
14,260,380
579,391
445,954
4,625,829
3.889,703
!
$477,222
income
$422,462
$3,963,255
$3,706,637
284,597
2,859,463
'
ft.,
reported
Operating
Sept.
Commission
on:the
Dec.
This
Dec.
on
stock,
common
1.
15,
declared
19
of
cents
50
share
per
$10, payable Dec. 15 to holders of record.
with 25 cents paid on June 15, last; 50 cents
and 25 cents on June
1941,
Account
Operating
revenue
and
Production
14,
1941.—V.
155,
the
Ended
June
for
30,655
taxes—,——_AA-r-.———A
75,729
130,617
taxes,,——.
$6,103,296
$6,289,592
$287,043
$204,719
Income
charged
applie. to
53,880
discount
3,844
—
income
————
—
69,520
'
29,206
960
consumers'
on
Provision
for
and
income
Premium on bonds redeemed
for depre.
Prov.
profits
excess
5,957
;
taxes—
69,900
737
by oper. of the sinking fund,
off the Stand-by plant at Duncan,
to write
Dividends
1.
on
4
.
Balance,.
.
Sheet
Balance
.
assets
Assets—Fixed
'"'.-.I'
"
''
June
at
as
37,500
-
appraised at cost of reproduction: new
as
.
:
(less
cashonhand and in
bank, $45,408; Victory loan bonds due Mar. 1, 1948, $50,000; accounts
and notes receivable
(less reserve for doubtful accounts of $7,476),•
$50,416; merchandise, materials and supplies, $34,623; sundry prepaid
expenses, $4,852; funds on deposit with sinking fund trustee, $1,146;
investments, $5,872; total, $1,559,405.
mortgage
Liabilities—First
sinking
5.%%. bonds
fund
July
due
2,.
liability to City of Duncan in respect of its debentures:
(of, which $2,050 is payable within 12 months), $30,926; first mortgage
$486,500;
1964.
real
on
$20,000; accounts payable, $23,453; accrued interest,
provision for income and excess profits tax, $76,856;: Con¬
deposits
with
accrued
interest,
$23,846;
6 Va'/<.< ' cumulative,
estate,
$13,545;
sumers
preference stock
(redeemable), $400,000; common stock ofAno par
value, $357,866;
reserve for
contingencies, $20,000;; earned surplus,
$106,412; total, $1,559,405."—V. 152, p. 1925.
:
V"
;
National Aviation Corp.—50-Cent Dividend—
stock,
payable
with
and
Dec.
cents
12Va
1941,
cents
50
per
has
share
per
declared
been
4
capital
the
on
c
.
debt—,—
$1,883,742
$1,899,591
debt
for
discount
and
—
expense.
156, p.
provision
Federal
—
for
income
...
' y
Other
'
■■
■
Income,
of
$3,723,012
Income
(Parent
$529,292
Company
'■■■■'
of subsidiaries—
investments—,——;,,.
security
1,058,743
2,279,361
$528,328
securities
and
interest
$3,867,396
906,210
2,288,473
■'
dividends:
9,407
:
—
1,
,
182,352.
Cr3,474
taxes—
taxes—
——
—
income
1942'
345.
:
dividend
'
to holders of record Dec. 30.
distributions of 25 cents per share were made from
to and including Oct.'15, 1942, and in addition "yearend payments of 25 cents
each were made on Dec. 23, 1937, and
on
Dec. 20, 1941.—V. 156, p-. 516.
Quarterly
1937,
15,
Amortization
45
$2,628,045
146,783
$2,236,383
$2,481,262
$1,883,742
^
—:
$1,899,591
of
for
1,718
debt
discount
and
expense-
At
special
a-
from
$5
no
per
The
meeting
the
stockholders
reclassify
stock
common
par
of
adopted' to
was
to
the
common
held
capital
stock
of
Nov.
on
of
the
the
16,
—V.
———
——
Period End. Sept. 30—
revenues
Uncollectible
oper.
not
intend
to
call
in
old
value
par
$348,053
-
$7,306,683
rev.
11,221
15.525
94,979
125,876
4,896,588
47,104,979
43.282,291
Operating
taxes——
1,171,812
10,008.603
10,081,111
income
$1,302,871
$1,222,738
$11,521,025
$10,894,409
925,277
826,258
8,089,564
7,128,276
—
certificates
of
stock
in
Accordingly,
on
on
the
sales
basis
certificates
The
and
on
stock
of
of
$5
shall
Uniform.
Securities
-
be
per
a
Practice
Dealers,
Inc.,
after
Nov.
18,
of the above
share
and,
good
delivery
Committee
announced
1942,
Federal
corporation
until
of
on
further
against
the
Nov.
stock
should
be
notice,
sales
National
19—V.
of
1868.
p.
from
ry.
1941
.1940
1939
$6,074,450
$4,463,474
$4,772,484
:
4,364,099
2,510,770
1,768.915
2,148,784
income.—
2,109,687
2,414,772
1,112,030
1,524,402
72,617,115
49,593,765
37,963,426
Net
from
34,228,525
21,108,907
12,111,683
156,
13,586,892
6,498,431
6,583,987
railway_2—
1868.
p.
oper.
Operating
Inc.
transfer
old
new
p.
50
no
par
stock.
1631.
of
50
$29,667
—
Sept.
$34,775
30
held
(less
rights,
leases
1,137,702
1,248,909
2,419
2,082
182
1,437
for deprec.)_
(less reserve)——
from
sale
of
pro¬
9,728
—.
—
under
11
and
reserve
suspense
receivable
etc.
$163,402
25,000
—488
mineral
in
1941
$209,439
;
—
;
lease
assignment——
9,728
68,625
68,625
111,698
62,102
$1,565,281
$1,556,295
—_——
——
payable
——
$140
—___;
—
;
—
credits
stock
—
($5
par;)
5,124
33,697
1,350,000
———
1,350,000
<'Drl631000
f£>rl55,000
132,899
———r—.
——__———
130,663
—
204,155
191,802
$1,565,281
$1,556,295
—-
-4^——————
shares.
$9
7,031
34,056
—_
—
surplus—-
"31,000
Northern
Electric
week
132,600 shares.-r-V.
States
output
ended
156,
p.
1868.
Power
of
kwh.
the
21,
Nov.
1942,
Co.
for
156,
the
Northern
(Del.)—Weekly Output—
States
totaled
corresponding
Co.,
Power
kwh.,
38,575,000
week last
system for the
compared with
as
year,
increase
an
of
1869.
p.
Northwest Airlines, Inc.—-Air Express
While
Alaska
tons
many
special
on
of
materials
flights,
this
and
supplies
corporation
and Cargo Gains
being
were
carried
hauled
total
a
of
to
107,780
pounds of air express on daily scheduled trips in October, Croil Hunter,
President and General Manager, announced on Nov. 16.
of
air
plained,
but
has
the
curtailed
the
gain
percentage
service
last
since
The
year.
increase
Hunter
ex¬
because
greater
was
express
the
was
Chicago, Twin Cities and the West Coast.
hauled
cargo
points
an
over
actually
between
of
poundage on scheduled flights showed
the same month of last year, Mr.
express
pounds
38,118
the
with
around
IRT and IND Divisions), *
the
to
Alaska
nation
Northwest
by
carried
was
Airlines
under
from
special
dif¬
contract
1611.
p.
9.433,944
118,543,194
114,755,532
7,451,518
96,817,674
87,135,890
22,188
610,675
269,719
1,960,238
21,114,845
27,359,923
31,879
416,346
409,291
operation-
income
1,711,472
•
32,818
:
:,
Northwest
'
,
.
.
Carolina Utilities, Inc.—SEC Approves
Li¬
quidation—
SEC
this
Nov.
on
company,
20
approved
plan
voluntary
a
reorganization
of
subsidiary of East Coast Public Service Co,
a
plan contemplates the liquidation and dissolution of North¬
Briefly summarized, the plan provides for the sale for cash of
all
the
of
of
expenses..—
10,219,564
8,441,566
rentals-' -HI—- *
66,526
States
west.
•
1942—3 Mos,- -1941
1942—Month—1941
United
Army Air Transport Command.
On these
flights special cargo planes, some of them former passenger liners
that have
been
converted for war-time service,
were
used.—V. 156,
The
revenues—11
from
Non-oper.
22,984
$34,725
i
taxes..—,.-!
-
of
taxes
Total
City Transit System—Earnings—
.(Includes BMT,
•
oper.
4,200
$29,617
:
.'
——
Earned
The
Total
292
4,500
Federal
receivable
Common
of
York
.Total
1,918
21,731
'
Treasury stock
Capital surplus
11,616,222
11,769,428.
railway:
ry,. oper.. income„_^
—V.
9,875
3,070
35,122.521
railway
from
10,168
expenses_^.„_.__,^__
(dividends)
charges
Deferred
All
$8,608,021
railway——
oper.
$73,994
Federal)
before
amt.
Accounts
St. Louis RR.- -Earnings—
1942
October—
Net
1941
$69,391
Liabilities—
ferent
from
Inc.—Earnings—
income
leases,
Total
carried
New York Chicago &
Gross
1,
of
.
expense„___„_^_w
fixtures
&
income
Estimated
company
assets
sales
such
the
to
of
of
their
order
Northwest
claimants
the
and
the
the
to
respective legal
of
distribution
assets
of
that
the
proceeds
corporation
rights.
,
in
,
.
the production,
transmission and distribution of electricity to 24 communities located
in
Madison,
Mitchell
and
Yancey
Counties, N.
C.,
designated by
Northwest as the Marshall-Burnsville Division.
As of June 30, 194?,
Northwest
the
total
is
a
public
customers
utility
served
were
company
engaged
in
1,834.
proceedings under Chapter X of the Bankruptcy Act
are
presently pending in the U, S. District Court for the Western
District
of North Carolina.
The court on July
8, 1942, appointed
O. M: Mull and John W. Perry trustees of Northwest and authorized,
Voluntary
of
Excess
revenues
oper.
1,744,290
exps
1,992,117
21,531,191
27,769,214
156, p.. 1331.
New York Telephone
Co.—Earnings-
1942—Month-
Operating
revenues
Uncollectible
oper.
Operating
expenses
Operating
'1941
••
1942—9 Mos.—'• 1941
$
$
—
19,807,285
19,310,943
176,414,368
170,764,801
rev.
"60,372
68.953
476,490
574,714
12,654,413
1'4,333,899
12,277,035
113,916,249
3.881,628
137,492,465
34,141,284
taxes
continue
the
business of
that
company.
capitalization as of June 30, 1942, Avas as follows:
mortgage 5% bonds, due Aug. 1, 1948"
—_$621,945
Common stock
(1,000 shares, no par)—
—
544,421
$
$
.
1st
107,706,025
-—
to
The
surplus
surplus
Capital
Earned
"Interest
8.
1942,
the
been
accrued
in
default
and
since
unpaid
69,190
1297,445
—
—
has
Feb.
1,
interest
1941,
and
amounted
as
to
of July
$72,900.
IDeficit.
calculated
Association
156,
Oil
The
income
156,
on
April
dividend
on
1942
equipment
Furniture
$68,729,586 $64,383,687
5,342,582
1,227,740
—V.
made
304
value
book
field
1942—9 Mos-/—1941
$7,884,414
expenses
operating
and
year-end
a
on
holders
to
Telegraph Co.—Earnings-
1942—Month—1941
t—
of
place thereof new $5 par certificates.
New certificates
will be issued against old certificates which are presented for transfer.
taxes
Net
568
Operating
Net
19
declared
22
were
1942
10.3%.—V.
New England Telephone &
Operating
last,
1,
Dec.
been
Dec.
each
cents
Oct.
and
on
has
payable
50
/.
receivable
Accounts
9,407
156, p. 1868.
Period End. Sept. 30—
does
of
1331.
p,
bonds
war
them
a
Payment—
23,208
$117,978
taxes_i_—
;
corporation
share.
company
issue
and
156,
—
S.
182,352
3,474,
39,218
5,249
income
—
income
Net
over
resolution
U.
17,946
180,930
—
__——c—
Federal
taxes
1
while
general
than
Cash
137
11,021
—
interest
on
July
1941,
share
per
stocks,
Comparative Balance Sheet,
4,645
$2,351,417
•
deductions
Provision
—V.
National Gas & Electric Corp,—Stock Reclassified—
1941.
56,703
52
—
assumed
cents
common
Assets—
259,303
;
Net
12,
14s
The
net income for
the
nine
months ended Sept,
30, 1942, was
$93,131, as compared with $84,276 for the corresponding period in 1941,
Deferred
45,753
1
Other. interest
Taxes
Net
Dec.
on
on
record
516.
p.
•
and
income
Accounts
151,263
subs.—
—
Period.End. June 30—
.
15
cents
of
March
on
:
income
1941
2,895
long-term, debt—,;
on
New
of 25 cents per-share has been declared on
the common stock, payable Dec. 21 to holders of record Dec. 9.
The
regular quarterly dividend of like amount was! also declared; payable
Jan.
50
share
per
holders
made
Sept. 30—
operating
$2,307,349
•
$
Jan.
cents
to
and properties charged off
ducing
$2,151,454
——
indebtedness of
income
Interest
1,
paid.—V.
(other
Federal
Net-
75
B
April- 1,
purchase
Depletion
only)
—i
income
Total
<>;
year-end
156,
50
15
were
against
as
Distributions
income
and
Taxes
137
17,946
180,930
.
——_
before
income
1,718
——11,021
15. to .holders, of record Nov. 30. -This compares
share paid- on July 13, last; 30 cents on Dec. 18,
25 cents on July. 15,•.1941,—V.
National Cash Register Co.—Year-End Dividend—
A
Legal
Net
Statement
Net
of
Operating
Other
interest
on
of
deductions
Other
Gross
dividend
&
prevented consideration
of
Dec.
each
North Central Texas Oil Co.,
46,156
From Jan. 1—
A
cents
last,
of
class
Oct.
3 Mos. End.
$5,976,829
$7,910
.
depreciation of $455,318), $1,367,088.;
for
reserve
dividend
a
payable
25
1267.)—V.
11.
on
was
34,979,000
1942
3(1,
15,
dividend
and
cents
75
32,534
—'
'
——Ar-—-——~—AAA'.
surplus
,
;■■■
26,000
-•-
preference shares,,,,,,,,—
paid on common shares,,,,———_—A,4
par,
of
$71,410
A-:-
profit
paid
York
1611.
Dec.
and
$5,796,948
stock held by the public
assumed
Other
Net
declai-ed
no
p.
p.
issues
Net
long-term
on
Amortization
Other
6.327
Dividends
calendar"
cdunsel
by
New
6,142
$184,498
——
A
30
CV13.773
interest—__——A.,A—A—A—AA';:
Interest:'securities
deposits,,,——A:
Contribution'to employees' pension fund,,———A'AAInterest
June
7,305
com.
Other
2,559
class
Cr65,414
$181,938
—
debt
funded
on
"crowded
a
requested
Buffalo,
American Rayon Corp.—75-Cent Dividend—
record
and expense,
———
66,826
—
156,
year-end
construction,—,—,—
to
115,034
Gross
Interest
corporation,
subsidiary,
of the company have decided to make
payment before
postponed interest on the company's general mortgage
it was announced Nov. 19 by Morris S. Hawkins, Presi¬
bonds,
Depreciation
32,536
A————'
—:
154,
the
North
A
3,158,975
—
of debt
Amortization
Net
165,842
expenses,———,
—:—
a
1,105,382.
debt———__—
—
Miscellaneous
Operating profit
income
have
Sept.
V.
of
income
1,544,687
$6,027,567
——_A_
provision for.
long-term
on
$481,641
depreciation,—_———
Other
7,177,476
1,132,686
—A
before
interest
Other
Net
operation-—AAA.—l.^A~—.-..A'''
administrative
and
1 consideration of changes in its
the
of
directors
31
these
1941
Subsidiaries:
Interest
19Pi
30,
A—A_AA—•.
business and school
Property,
Provision
said
stock,
and
dent,—V.
the
1,639,794
plant & equip.,.
Ltd.—Annual Report-
Tear
15
(Compare
of
8,548,463
A~A—u-aA—AAAaa
income
Net
2097.
p.
A——————~A—A———A———A—_A:;.1:
Maintenance
General
for
„—
ago.-
1942
——-I—
income
Other taxes
Nanaimo-Duncan Utilities
against
Distributions
Administrative
Provision
income
June
The
$17,348,510 $15,986,521
Other
par
compares
year
30—
Taxes
dividend
a
directors
4.
Dec.
(Company and Subsidiaries)
New England Gas & Electric Association:
Nov.
a
———
income
Balance
on
Power
common
Dee.
above
week
revenues..
retire, of prop.,
Interest
directors
capital
the
126,160,000 cu. ft.,
production of
at
18.09%
or
corresponding
Statement
"expenses
for
Other
1331.
Muskogee; Co.—To Pay 50-Cent Dividend—
The
on
2,593,661
—
p.
declared
this Association reports electric output
increase of 1,178,856 kwh., or 10.82%
kwh, for the corresponding week a
cu.
in. the.
Ended
Maintenance
Prov.
Interest
345,160
operating
income
—V.
19,322,000
ft
operating
Operating
$21,925,894
7,607
expenses
Operating
an
the Nov. 20 week is
of
cu.
■
Months
12
Co.—Earnings
9,083
rev.
20,
10,898,378
1942—9 Mos.—1941
$3,025,419
-
oper.
adjusted
year
i:.';
Period End. Sept. 30—
Uncollectible
been
1777.;
p.
■
Mountain States Telephone & Telegraph
Operating
has
Electric Association.—Output—
This is
of
Income
third
.v'-•''
.
share
per
Nov.
ended
'
$6,636,612
Distributions
and
ago.
pro¬
for
tax
current
/■'
cents
kwh.
production
106,830,000
share..
com.
week
the
12,077,234
above
an
Balance,, surplus
per
25
New England Gas &
Total
Note—Taxes
were
1939;
2,
year
years-
order
stockholders
Corp.
Norfolk Southern Ry.—To Make Interest
$8,613,885 $19,724,944 $15,930,923
1,500,000
.17.
27
the
the
value, payable Jan. 2 to holders of record Dec. 15. Like
paid each quarter from July 1, 1938, to and including
none since.—V. 155, p. 2460.
par
no
amounts
14,780,000
pay¬
ment
Earns,
of
dividend
stock,
for
reserves
the commbn
on
Dec.
June
27,
request before them.
It indicated, it would consider striking
certain
paragraphs of the order which, stockholders' attorneys
said, affected the passing of dividends by the company last September.
—V. 156, p. 1778.
v
26,720,000
,A4—4. C?"l,760,000J
$8,136,612
period
Prov. for pos. future in¬
ventory price decline
Excess
7,605,000
-
0725,000
.
for
profit
Sugar Refining Co.—-Resumes Dividend—
ex¬
profits, taxes—A
cess
'
.
11,015,000
—
record
out
State
&
-&• excess
taxes
'
<
1942—3 Mos.—1941
1942—9 Mos.'—1941
$18,426,612 $16,218,885 $44,684,944 $30,710,923
——,
of
March
on
Niles-Bement-Pond Co.—50-Cent Dividend—
A
Montgomery Ward & Co., Inc.—Earnings—
profit
holders
made
Sept. 25,
during 1941 were as follows:
March
28, 75 cents,
Sept. 29 and Dec. 29, 50 cents each.—V. 156, p. 1611.
26,
preferred
The
Period End.
to
,
National
Net
share has been declared
per
29
were
The SEC has postponed until Dec.
^
"death
an
41,000
cents
each
Niagara Hudson Power Corp.—SEC Delays Hearing—
Nov. 23 asked approval of the SEC for two further
on
75
Dec.
Payments
June
Light Co.—Asks Approval of Li¬
steps in its liquidation program.
The
company
proposed to liquidate
City Omnibus Corp.—75-Cent Dividend—
of
payable
quidation Steps—
156,
•
A
stock,
of
922.
p.
New York
2,
follows.
year-end
as
1,
Dec.
and
National
Note—Provision
current
Sept.
June
mately $3,213,000 for nine-month period ending Sept. 30, 1942,
These
increases take credit for related post-war refund.—V,
156, p. 1331.
record
last.
$2,299,894
,
$2,550,949
-
,
1
Distributions
20.
March
33,271
400,000
———
depreciation
Nov.
June
the
on
13,000
759,500
,
t
year-end dividend of 35 cents per share has been declared
stock, no par value, payable Dec. 1 to holders of
598,600
—„
Federal
A
common
1955
Net
Net
operating
income
income
-
2,758,601
3,083,327
24,529,164
28,342,778
.2,803,421
2,977,823
22,023,079
24,399,213
9Adjusted. 11942 Revenue Act approved Oct. 21, 1942, increases these
taxes by approximately $391,0.00 for September,
1942, and approxi¬
The
outstanding
securities
of Northwest,
except
for
five
directors*
qualifying shares, are owned by East Coast and, with other collateral,
pledged under the indenture securing the 15-ycar first: Hen coj-,
lateral trust 4% bonds of that company.
are
.
THE COMMERCIAL & FINANCIAL CHRONICLE
1956
The
receivable
of reorganization does not contemplate the
It contemplates the liquidation and dis¬
distribution of the proceeds of liquida¬
tion among„ the claimants to its assets according to their respective
legal rights.
The principal feature of the plan is the adoption and
consummation by the trustees of an executory contract entered into,
by Northwest, for the sale of substantially all of ,the assets of that
corporation to the French Broad Electric Membership Corp., a non¬
profit organization financed through the Rural Electrification Ad-.
ministration.
The consideration for this sale is to be $340,000
in
proposed
issuance
of
plan
(less
securities.
new
subject
the
crease
to
base
The
sale
of
The
certain adjustments, which it is estimated will in¬
purchase price of $340,000 by approximately' $15,000.
non-cash assets of Northwest will be sold at, such
sales
the
will
be
in
damages alleged to have been suffered by numerous persons in a
flood, such damages being attributed by. the claimants to supposed
negligence of Northwest' in connection with the construction and
maintenance of a: dam.1
These claimants contend that, under the
statutes of North Carolina, such claims, -if established, are entitled,
to a secured or prior status, in relation to the claims of. the ..trustee
for the
bondholders.
It" appears that the court entered an order
—V.
that
is
Dec.
been
has
23
to
subject,
the
and
court
however,
declared
holders
the
on
Ended
Sept.
and
Maintenance
.
Parkstone
receive
•
for- the semi-annual period ended
company
155, p. 2098.
directors on Nov,
and
Common Stock—
on
declared
24
quarterly
a
directors
share
per
9.
also
the
on
declared
5%
the
cumulative
holders of record Dec.
apd on July 23
15.—V.
A dividend of $1 per
payable Jan.
1942
.—
—
—;—
————
156,
$i.25
usual quarterly dividend of
preferred stock, payable Jan.
p, 963.
1
to
repairs——*—_——i
1,500,000
1,557,024
23,562
(oth." than inc. and exc. profits taxes)—
of
record* Dec.
the common stock,
on
21:
This
,
is
at
the
same
quarter
Peoples Water & Gas Company--Earnings—
23,759
v
Years
1,583,193
Ended
Sept.
:* "'0'"<>■
30—
1942
Water 'revenues',
;
1,001,250
969,500
835,000
346,500
$4,318,077
$4,505;766
Total
744
Natural
♦Provision' for Federal excess profits .tax—
share has been declared
holders
to
each
678,116
851,253
1,600,000.
♦Provision for Federal and State inc. taxes—r_
15
paid
as
during the current year.
Payments in
1941 were as follows;
Jan. 15, 50 cents; Feb.vl5, a special of $2;
April 15 ahd July 15, 75 cents each, and Oct. 15, $1.—V. 156, p. 1693.
$14,832,836 $14,209,249
4,602,416
4,646,670
Taxes
.
rate
1941
,
Appropriation for retirement reserve——
Amort, of limited-term electric investments-
Net
operating income——**
Total other
J'::-
Natural gas revenues
Manufactured gas revenues*.
2,012
;
income——;.———
.
1941
■
$110,645
$109,426
'
__.*-
577,911
457,958
:
794,293
779,967
$1,481,630
331,256
$1,348,570
...
income
Interest
—————
Other
Interest
1,603,833.
262,601
and expense-
interest
35,150
———.*
Net
issued
9
the
,
of
nine
ended Sept,
months
depreciation
and State
Nov.
$2,529,187
surtax and excess profits tax for
.■
30, 1942, have been made on the basis156, p, 1508.
: ;
' Gross
income.
Interest
Net
advised stockholders that all disputed
the company have been settled and that
•
$6.90 a share, for
deductions
155,217
9,879.
expense...
155,310
income
10,737
'
$82,804
Sheet,
9,879
.
12,149
——..
Sept. 30, 1912
$90,950
.
$42,500;
cumulative
long-term
debt,
preferred
stock,
$349,850;
stock
commoft
$3,046,000;
accounts
payable
($18,761
to
customers'- deposits and accrued interest
general taxes, $81,525; Federal and Btate
1939,
affiliated companies), $43,368;
a share was paid and on Dec. 31,
of $4 a share was made.—V. 155, p, 55.
1941,
$215,027; accrued
$123,418; interest on long-term debt, $53,167; mis¬
accrued items, $8,661; reserves for depreciation (including
$352,946 representing amounts
recorded
at
dates
of
acquisition),
$859,907; loss on sale of properties, $150,656; contributions in aid
of construction, $3,622; capital surplus,
$278,172; earned surplus since
company's liquidation.
On Dec.
liquidating dividend of $5
a
another payment
$266,876
.
22,
the
authorized
stockholders
$260,048
of debt discount and
Liabilities—$6
sold all of its properties in the Japanese Empire
Kogyo Kabushiki'Kaisha for $8,174,500 and on Dec. 18, 1939,
Nihon
to
third and final distribution in
a
1 /•
.
Dr959
7,846
—....*
...
materials
1939 the company
In
56,032
$267,835
Assets—Utility plant, $4,589,072; Cash, $227,831; accounts and notes
(less reserve for uncollectible accounts of $16,110), $146,9371
and
supplies, $201,639; prepaid insurance,
etc.,
$19,488;
debt
discount
and
expense
in
process
of
amortization, $144,890;
improvements to leased property, in process of amortization, $21,170;
miscellaneous deferred charges, $8,819; total, $5,359,845.
there would be a-cash balance of $3,069,000.
The
company estimated that it would require about $108,000 for the payment
of remaining liabilities and additional expenses of liquidation, leaving
liquidation.
84,206
receivable
after their payment
.
93,981
$252,202
..
.....
Balance
claims for Federal taxes, against
permitting abandonment by the
company, of part of that portion of its-Fairfax, branch-extending-from
a point at.or near B Street, San Rafael., in a northwesterly direction,
to -the end. of -the line .at -or- near Fairfax, approximately 3.876 miles,
in Marin County,.Calif.—V. 156, p. 1611.
69,005
112,278
long-term - debt—.
on
Amortization
,
24
-
V
taxes.a.v—
L.
Net earnings' —
Total other income
Oriental Consolidated Mining Co.—Taxes Settled—To
on
..
„—i—..
Income
Pay $6.90 A Share in Liquidation—
company
53,489
(retirements)—..*.;
„
'
Federal
Miscellaneous
The
Crl5,467
,
120,275
94,588
—
for
faxes.
253,010
Cr7,226
..
32,875
.
$2,364,986
the 1942 Revenue Act.—V.
about $2,961,000, or
certificate
a
———1———
income
♦Provisions for Federal normal tax,
charged to construction..—
511,896
552,839
.l
—...
Maintenance
■General
Cr3,023
CrlO.OlO
charged to-construction*.
deductions.
■
expenses
•Provision
65,078
..
purchased.————
gas
General
264,559
63,529
*..
Miscellaneous
$4,506,510
1,622,833
$4,320,089
**—*
debt—
funded
on
Amort, of debt discount
,
Northwestern Pacific RR.—Abandonment—
Nov.
operating revenues.
Operation
Gross
first-named
ICC
Mich.,, offered io
Detroit*
a year-end dividend of fiVe cents
dividend of 25 cents per share on the
common stock,
the year-end being payable on Dec. 29 and the quar¬
terly on Jan, 1, both to holders of record Dec.,, 15.
This "compares
with 20 cents paid on Oct.' 1, last, and 25 cents each on Jan.
1, April 1
and July 1. 1942, and on April 1, July 1, Oct. 1 and Dec; 12, 1941;.
Earnings—
30— ;
Operating revenues
Operating expenses
subsidiary company having - utility assets. Ac¬
cordingly, we further find that the proposed plan1 of reorganization
is a step to effectuate the provisions of Section II (b). of the Act.-rV. 156, p. 1332.
The
the
share
per
com*
Dec.
record
of
last,
compares
Year
(1)
to
the trustees' and court
of. such amounts as in
,
the
Co., Detroit, Mich.—Tenders—
Co.,»trustee*
Larger Quarterly Dividends
The
.
only
of
The
share
per
payable
'-
is
company
by
cents
$5,
par
.
Peoples Gas Light & Coke Co.—$1 Dividend—
payment of current expenses
costs, and (2) reserva¬
its discretion may be
deemed to be adequate for satisfaction of .any such claims as may,
be adjudicated to be entitled to payment from the1 assets of the
corporation in priority to the claim of the trustee for the bondholders.
The SEC in its findings further states:
"The properties, of Northwest will be sold for a consideration which
is not inadequate.
The common stock of Northwest held by East
is
Coast
obviously without value."
'
•
Upon the consummation of the proposed sale of the. properties" of<
Northwest, all. -df the properties of the subsidiaries of East Coast
will be located in the State of Virginia.
The parent company will
then
have
but. two
direct
subsidiary companies,
namely,
Virginia
East
Coast
Utilities. Inc., and tEast Coast Telephones, Inc., with
the
tion
$7,739*856
7,542,448
$8,110,966
8,158,648
870,748
Oklahoma Gas & Electric Co.
company,
bondholders,
of
$878,943
with 20 cents paid on July 23,
and Dec. 23, 1941.—V. 151, p. 3405.
one for alleged "overtime"
labor by an employee of
both the amount and relative priority - of which ■ are
.presently in litigation.
•
' '
.
>■•.
...
*
The plan provides, in substance, that the proceeds of the sale of
the assets of Northwest shall be paid over to the trustee for, the
disputed,
stock,
This
all
.
15
dividend of
2,112
$78,942
Pennsylvania Glass Sand Corp.— Declares Year-End
Oilstocks, Ltd.—15-Cent Dividend—
A
not
any
,
the
income
156, p. 1332.
mon
such claims be filed on> or before Sept. .30.," 1942/
so filed should be. barred.. The flood claims filed
within the time so ordered aggregate $92,498.
•
'
The record indicates that the only other claim, the status-of, which
requiring that
and
income 'i..:.,..-.,.
$76,830
41,360
p. m., Nov. 27, bids for the sale to it of sinking fund 5%
dated April 1, 1938, at prices not to exceed par.
The trustee*
on
hand $21,943.50 for this purpose which represented the net
and
Net
Trust
Detroit
Sept. 30, 1942.—V.
the
$901,784
915,286
$993,068
2
had
1942—9 Mos.—1941
1942—Month—1941
revenues—$4,991,890 $4,539,219 $43,920,442 $39,842,554
Uncollectible oper, rev._
:
9,782
7,497
90,219
84,869
2,660,244
26,141,368
23,122,540
Operating expenses —2,962,674
990,250
9,577,889
8,895,289
Operating taxes
—,
1,119,935
operating income
$1,069,899
43,472
bonds
Period End. Sept. 30—
Net
Increase
$143,515
66,684
$1,097,213;
104,146
170,830
r-
Parkstone Apartment
Operating
approximately
$1,240,730
Working capital
- $1*113,372
$1,034,429
provision has been made for depletion.—»V.156/p. 1058.
No
•
Ohio Bell Telephone Co.-—Earnings
principal amount of $621,945, plus interest, accrued
and unpaid,
to JUly 8, 1942, in the amount of $72,900.
However,
theser bonds are not presently held by East, Coast but are pledged
(with : other
collateral) under an indenture securing tlie bonds of
East Coast,
which latter bonds are publicly held*
The plan con¬
templates that the major portion of the proceeds of the sale of the
assets of Northwest will be paid over to the trustee of the Northwest.,
bonds, which is also the trustee of the East Coast bonds.
The record discloses that, in addition to the claims of persons to
whom Northwest has become indebted in the "ordinary course of its
business within 90 days perior to the filing of its petition in the
bankruptcy court, there are other claimants, who allege that they
have rights of payment from 'the assets of Northwest prior to those
of the bondholders.
These claims are based, in major portion,- upon
Northwest
Net
Dec.-31, '41
,J Sept; 30, '42
-
j,
—
Supplies at mine-*,.*
The
distributed to those who have
It is estimated that such
$364,000 and the expenses to
be deducted therefrom are estimated at approximately
$23,700.
East Coast, the parent of Northwest, is the owner of all the funded
debt of Northwest.
This debt consists of first mortgage bonds of
of
aggregate
will
liabilities
,
assets
Current
until
against the assets of the company.
,
,
Current
may be able to obtain.
The proceeds from
latter miscellaneous assets, the trustees estimate.
these
proceeds
proceeds
,
$3,686,248; accrued taxes and interest,
$1,291,042; Federal income taxes, estimated (less U. S. Treasury notes,
tax series, -purchased and held for tax payments of $1,689,640),- $3,643,220; purchase obligation payable, $500,000/ funded • debt - (notes
payable, due serially Feb, 11, 1945-51)/ $12,500,000; deferred liabilities,
$238,577; minority interest in subsidiaries, $25,423;
6% cumulative
preferred stock ($100 par), $14,565,300; common stock (outstanding
6,563,377 shares of no par value), $59,235,791; capital surplus, $6,526,200;
earned surplus,
$23,951,876; total, $126,163,678.—V. 156,
p. 1692.
'
will amount to approximately $9,000.
claims
Comparative-.Statement of Net- Working Capitai
'
•
.
Liabilities—Accounts payable,
remaining
prices , as the trustees
the
(less reserve), $1,575,300: property, plant, and equipment
for depletion, and depreciation of $180,906,912):; .$86,deferred charges, $318,115; total, $126,163,678.
reserves
930,688;
solution of Northwest and the
cash,
JVIbnday; November30, 1942
thereon,
income
taxes,
cellaneous
O'Brien Gold Mines,
Ltd.—Earnings-
Ottawa Electric Ry. Co.—Extra Dividend—
30
production of
bullion—sold and
Marketing\ expenses
1941
share
share;
on
11,562
11,333
•"
Net. bullion
Net
revenue—,—
proceeds—sale
Interest
of
$989,486
.
arsenic
'
u.—
received
'
24,989
I,——,*
—
u
*
,1.841
$1,017,784
Develop., mining, milling, gen. & office exps.—
♦Legal and directors' fees——;
"
36,597
Outside
exploration written off—
Jan.
,
1941
$3,002,424
3,876,653
2,342,995
$864,705
$659,429
127,786
157,865
33,758
64,619
62,737
50,003
Cost and expenses, deprec,, deplet. and taxes-
Bond
from
operations—^
and other interest
*
(net)—.:
Minority share- Pacific Coast Cement Corp,**
62,425
Interest
Estimate
11,732
Federal
of
Normal
3,939
——;
of
income
and
tax
1942'.
•
,
goods—
for
1941.
—.$48,224,968 $38,639,270
41,792,204
34,271,388
610,044
512,866
expenses—*:—
paid
depreciation*.-,—wt—
490,549
483,340.
17,026
——
Provision for- Federal and state taxes..
Provision for contingencies
18,966
3,350,000
984.167
—....
Net income
,500,000-'
.
.r._
Dividends paid
*
$1,868,543
$1,965,146
777,816
z.—
583,362
•-
taxes;
'
«
sales
42,292
.
80,474
1 :
Consolidated Income Statement
Years Ended June 30—
Provision
1942
$4,741,358
88,703
488,930
$500,414.
53,478
Pepperell Manufacturing Co. (& Subs.)— Earnings—■;
Net
46,909
.$364,593
87,252
1, 1940, $103,973; total, $5,359,845.—V. 156, p. 786.
Local and Social Security taxes
♦Sales
Profit
Operating: profit. .—fL—,*—;
Reserved for depreciation of plant—!*—!*,■—
Development other than operating'
Field department expenses
—:
1
per
' \
Pacific Coast Co.—Earnings—
$1,036,253
619,593
——
cents
Manufacturing and general
45,702
——
20
22,892
.
„
9 Mos. End; Sept. 30—
——1
revenue
of
on
,
Total
dividend
extra
an
the. usual
quarterly dividend of 50 cents per
stock, both payable Jan. 2 to holders of
Quarterly distributions of 50 cents each were made
10.
Dec.
to
common
July 1 and Oct. 1, last, prior tb which the company made quar¬
terly payments of 30 cents per Share.
An extra of 50 cents was
also paid on Jan. 2, 1942,—V, 155; p. 2187.
'
■
$965,819
3,308
investments and deposits
on
Dividend
—
record
the
declared
have
addition
in
$977,152
—i—————L-I**.'—.
•
"
$1,001,048
hand—
on
directors
The
1942
surtax,
basis
on
of
Balanqe, surplus
Earnings per share.
—
1942
.Revenue- Act
$1,187,330
.i......*,..*
$1,285.1815
-
$19.22
$20.21.
(
'
Excess
Net. profit, subject to taxes on'inc. & profits.
'Dividend
—:
!—
♦Stock
transfers,
Note—Provision
September,
interest,
registration,
administration, and
miscellaneous
for
taxes
on
discount,
expenses.
income
$345,783
$219,924.
97,500
—_-
w
■
taxes
Reserve for
162,500
for the year ended
♦.Of
Profit
29,610,750.
31,653.400
2V433,653
,——
_L_
26,533.304
26,650,083
2,010,765
2,202,913
1,855,106
$22,614,164 $17,297,086 $16,761,287 $11,400,147
Depreciation
6.075,015
|
5,310.642
6,437,066
Depletion
1,865,927
1
678,848
733,608
revenue
*
profit
$14,673,221 $11,307,596
Other-income..
Int.
tPlant and
.
846,033
,
735,201.
.
$9,590,612
.
♦892,901
&
Period. End. Sept, 30—
Uncollectible'
oper.
Telegraph
$15,519,254 $12,042,798 $10,483,513
...
funded debt/:
on
1,031,791.
$3,552,126
.442,646-
193,590
218,747
735,333
463.333
157
1.279
5,587
5,652
'2,068,755
1,323.333
2,762,383
Prov.
4,097,558
1,949*728
.1,265,369
642,992
$9,244,080
$7,804,288
$7,153,891
1942—Month—1941
1
29,500
Operating expenses
Operating'taxes
*1942—9 Mos.—1941
854,715
1,135,873
1.553.138
5,984,815
'1,492,798
5,058,991
50,688,919
1,640,844
1,312,647
profit
4,072,378 ♦12,467,065
43,250,629
9,510,812
Reserve for
Net
operating income,.♦$1,297,615
income
$1,090,207'$11,091,278
1,169,767
♦Federal
taxes
for
periods
866,046
16,645,620
dividends
dividends
Surplus
Shs.
'
—-
stk.
com.
per
(no
$6,748,521
par)
6,563.377
share
$5,027,771
Earned
Sept.
Park
Ore sales
Rents
:
—
and
1941
1942
Sept. 30—
$790,394
:
investments-*.—
—
miscellaneous income
—
Total
$9,077,126:
$6,585,331;
short-term
vestments
U.
commercial
S.
notes
4,258"
.
and
accounts
6,563.377
6,563.377
$0.85
t$0.22
tDeficit.
tLoss.
receivable
622,,607
$8,935,123
miscellaneous notes and
accounts
in
1941.
Sept. 30—
—
taxes
(estimated)--
Note—The
in
722,000
income
*——
Earnings per sh. on 2,901,864 shs. capital stock
♦Based
on
the
1942 tax laws.
tAt 30
•
,
1942
for depreciation of $8,743,584 in
7,900 shares held in treasury.— "
.
.
Federal
1941.—V.
'
1941
'
1940
$331,846
$368,833
$0.77
$0.86
..
$369,077
1939
$457,977
$0.85
$1.11
depreciation and Federal income taxes.
income
30, 1942,
156, p.-787.
tax
as
totaled
$227,231
for
the
against $177,838 for the
9
months'
same
neriod
1
Pittsburgh Plate Glass Co.—$1.25 Dividend
.
Net
9,446,785
30,000
2,034
——<
reserve
tLess
1942
.
♦After provision for
$174,672
♦27,127
—
<769,765
•
debts and/cash discounts of $260,309 in
tLess
period ended Sept.
operating income
(estimated)
Federal income tax (estimated)
$134,468
22,500
Net
Depreciation
re¬
obligations, $5,462,157;
inventories, $7,501,432; in¬
for bad
155, p. 606, 925. V. 156, p. 1693.
A
(less
short-term
$4,991,979;
$3,721,549;
and
♦Net profit
$797,278
672,094
expenses-
759,765
10,634,115
—————.
Earns, per share on cap.
Stock (no par)———
$4,288,106 f$l,475.004
$1.02
Treasury
notes.
(less reserve),
taxes and miscell.
500,000
v.-
———$2T,066,852 $23,350,843
reserve
9 Mos. End.
14.547
/
$806,562
income
1,163,713
Pfdffer Brewing Co.—Earnings—
$778,473,
14,862
1,306
$1,480,575)
10,000,000
t.*
surplus
and $240,324 in 1941.
Utah Consolidated Mines Co.—Earnings—
9 Mos. End.
State
serve),
8,319,946
10,000,000
($100 par),.;*.:;;*.;—.
^
*Less
-
j
V.
Consolidated Balance Sheet, Sept. 30', 1942
Assets—Cash.
Total
.
■
6,563.377-
$1,28
♦Includes $233,518 of non-recurring interest income.
^
329,024
"13,781,265:
.1942
Mine' operations,
Earnings
99,527
■
500,000
..
-Capital, surplus ■*.—--w*.'*,
$9,092,556
30, 1942, have been in¬
cluded in the accounts and shown in this report "at rates imposed by
ending
contingencies*:-!;;—
tCapital stock
'
Common
*
9,018,810
54;662'
99,527
371,411
$1,746,299
3,426,673
Tax 'reserves
*•
Income from
,.
Preferred
■
$27,066*852 $23*350,843
Accounts
1,595,417
1.640.844
Net
-
58,678
-
•
:
equipment.^———8,619,856
LlabHUiea^" •
payable and accruals———
f.
$7,248,006 $74,526,580: $62,055,427
26,430
'279,318V.
201,430
$8,804,728
rev.
$120,413
interest
for^Fed. inc. tax.
.
deposit—^..:/;.;.
$868,066
4,660,809
5,617,440'
10,340,064
——
-
$3,994,772
1.984,182
j.
"U—j..
Co.—Earnings—
.6,816,230
Other charges *:
Minority
^
—
Pepperell Manufacturing Co. stock—1
Prepayments and sundry assets^...—,
'
the Revenue Act of 1941; then in effect.—V.. 156, p. 1420,
Total income
receivable
Mutual insurance premiums on
$2.42
1941?
——/.^"'$1,959,876
Inventories
from other operations.—
,
Operating revenues
Net
6perkting
products and merchandise arid
786.
156, p.
Pacific^ Telephone
1942
1941
1940
'< 1939*
$56*701.217 $49,110,749 $45.305 359 $39,905,336
expense——.
taxes
Cash
$346,532
ix.
;
^
♦Accounts
.
iand
Assets—
100,000
Subs.)—Earnings—
9 Mos. End. Sept. ?0—
Sales
Costs
maint,.
$449,839Earnings per common sharcj.^—. $3,57
V.
Ordinary
delayed
Net income
1942,.. amounted to $51^000.—V. 155, p. 923.
Ohio Oil Co* (&
contingencies and
Consolidated Balance Sheet,-/June 30
■-y.'.v
j
;
capital,
on
.
and profits
profits tax, on basis of 1942 Revenue
$82,807
$122,672
$0.04
$0.06
dividend
stock,
par
pares
of
$1.25
per
share
has
been
declared
on
the
with
and
Oct.
common
$25* payable Dec. 22. to holders of record Dec, 2
This com¬
distributions of 75 cents each made on April l, July 1
1, last.
Payments during 1941 were as follows:
April 1*
July 1 and Oct, 1, $1 each, and Dec, 23, $2.—V. 156, p. 1333.
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4129
156
Gross
Net
from
from
Net
ry.
of
v
1939
1940
1941
1942
railway——
railway—
$114,032
$104,840
$89,295
41,456
5,054
income—_
18,538
33,104
under the Revenue Acts
accruals in accordance
Due for
cap.
In 1940, on the basis of a consolidated
Federal,
State and
1940, Public Service Corp. of
Interest
accrued
Imposed
months
10
1941.
of
Liabilities-
1941
New
subsidiary companies were not subject to any Federal
and
Jersey
Net
*
from
from
Net
profits taxes.—V.
excess
156,
Dividends
1870.
p,
ry.
Due
1,043,855
858,473
272,961
1,085,122
358,241
537,136
342,013
280,691
railway
185,514
239,933
22,407
railway
income
oper.
Deficit.—V.
156,
Punta
Alegre Sugar Corp.
5-for-l Stock
Split—
.
Stockholders to Act
—
6%
special meeting of stockholders has been called for Dec. 18, 1942,
of voting upon a proposed amendment to the certificate
of incorporation changing the capital stock without par value into five
shares of capital stock of $1 par value each, and increasing the amount,
of the authorized capital stock so that it shall consist of 500.000 shared
Co.—Accumulated Dividend—
Poor &
accumulations
of
each
payable
and
made
also
were
and
been declared on
and participating
shares has
cumulative
per
$1.50
of $1
June
on
the same date. Distributions of 37%
March 1, June 1 and Sept. 1, last.
■
The
156, p.
Postal
on
Teleg. & cable oper. exp.
Net
tel.
Uncollect,
Taxes
assign,
$150,891
$2,203,214
revs.—
5,500
49,500
oper.„
86,911
90,283
812,187
824,797
Earn,
est
net
sh.
per
$259,162
$246,674
$3,077,511
4,4 3.9
r.—
4,503
40,611
.
Deduct,
from
$242,171
$3,036,900
$1,775,904
40,022
28,442
320,351
loss:A—
i-V.
156,
$270,613
$294,765
:
$3,357,251
revenues—
oper.
deducts—
Net
Other
,
Ord.
1942—3 Mos—1941
1942—12 Mos.—1941
•tEarn. from all sources $13,863,161
$6,229,224 $51,955,646 $26,370,465
Prov. for depreciation—
3,268,398
3,132,232
13,125,299
12,398,438
Special reserve for con- •
tingencies
2,500,000
7,500,000
Prov. for Fed. inc. taxes
5,119,277
925,075
15,912,519
4,340,142
Gross
Dividends
$2,171,916 $15,417,827
3,302,897
8,257,290
paid—_r.
$9,631,884
8,078,247
—V.
Balance,
per
share.
com.
♦Excluding
results
Charentaises)
and
1942
Net
$212,844
$2,223,891
$2,669,069
y', 2,815
49,327
28,621
$223,623
$215,659
$2,273,218
Dr2,238
Dr6,992
19,323
_—
;
Dr5,269
,
Consolidated Balance Sheet,
$2.92
Assets—
Cash
Federal
accrued
income
marketable
and
Accounts
'
reserve)——
711,653
receivable——————i.—_
notes
28,129,204
14,007,169
and
(less
deferred
other
Advances
Investment
U.
7,092,582
1,020,304
1,020,304
affiliated companies
securities earmarked for de¬
in
maintenance
for post-war
Claim
reserve
(10%)
refund
Deferred
;
and
371/2
pany
640,587
641,084
(less depreciation)— 116,522,013 119,780,392
Total
.
267,983,875 228,328,867
—-u
conditioning revenue deferred
tax
(10%)
1942
on
7,512,700
;
profits
excess
—.uai*.-—.-,,/
,
16,219,977
7,421,189
8,336,197
6,717,291
7,210,328
579,496
stock,
1,364,533
Pullman Inc.
subsidiary)
(a
Co.
5.926
5,926
56,067,036
Pullman
49,376,906
—
Surplus :
*U.
—267,983,875
156,
held
Acts,
Compensation
etc.-r—V.
securities
Government
S.
'
1870.
p.
.
deposited
fund fire
to
and
with
228,328,867
States
various
under
casualty liability reserve,
v;;
Public Service Corp. of New Jersey (& Subs.)—Earns.
1942—Month—1941
Period End. Oct. 31—
Oper.
& other
Exp.,
maint.,
retire,
Fed.
deprec.
Co.
prof,
excess
taxes
Other
1,517,199
$
taxes
,
704,133
1,631,686
—
1,362,400
$633,575
251,800;
$928,441
*$74,597
$165,662
——_____
Balance
2,583,438
3,724,467
deducts—,
1,155,661
1,123,645
other
&
Dividend—
Net
1,427,777
2,600,822
2
mal
of
has been declared on the common
paid
also
cash
a
Est.
37Va
dividend of
profits
excess
accrual
of
for
these
made
31,
1942
of
31,784,346
13,709,514
34,552,617
13,472,736
18,074,832
21,079,881
taxes,
1942, include for the last two months of 1941 accruals in
with the Revenue Act of 1941, and for the first 10 months
in accordance with the Revenue Act of 1942, excess
accruals
Federal
Oct.
31,
income
1941,
and
at the net rate of 81%.
profits taxes for the
the last two months of
excess
include for
Bonds
above.—
,» r«1
1941
21,663,368
—
19,497,655
7,475,588
7,490,177
4,859,552
4,761,118
821,905
641,782
$3,365,408
$5,045,663
62,352
54,946
$3,427,760
$5,100,609
(net)—
income
—————
notes'pay. & advances
discount—.——
15L970
23,936
66,256
1,200,000
1,400,000
$2,045,854
$0.51
$3,365,088
debenture
of
profit
—
—_i._—
per
—
share.
common
directors
the
to
holders
of
—.
269,265
$0.84
Dec.
18,
1939,
24,
1937.—V.
share
paid
dividend of 50
a
and
cents per share
on Dec. 21,
initial of 25
1941; 50 cents each
Dec. 21, 1938, and an
p. 700.
22,
Dec.
on
declared
covering the current fiscal year, payable Dec. 21
Nov. 30.
This compares with 62%
cents per
record
Dec.
19
Nov.
on
capital stock,
dis¬
Security
announced
24
into a
Personnel
be combined
the
•
,
A.
on
156,
1940,
cents
on
on
.
who
corporation to be known
of the. boards of directors of
and all present directors Avill
payment
be
for
many
tax
has
years
stamped
paper
for
foreign
governments,
stamps for various States in this country
which, because of the value it represents,
and,, in
and any
needs to
development
the
by
production, applying this
highest grade of lithographic
the
under
15
associated with the Republic Bank Note Co. for
The Republic organization will remain intact to
been
has
years.
clients
will
and
heretofore
as
corporation,
consolidated
485.
12
months
the
have
the
announcement
added
of
facilities
Payment of the balance of the interest due Jan. 1, 1936 ($16.50 per
$1,000 bond)
will be made beginning Dec. 1, 1942, on surrender of the
Jan. 1,
1936 ($8.50 paid), coupon from the general and refundingh
mortgage 5% gold bonds, series A, due 1990/:;',-"V;-'V,.-/
,
Interest
is
Interest
of Chemical Bank & Trust Co., New
office
at
payable
due
July
1,
1938, Juiy 1, 1938, Jan. 1, 1939, July 1, 1939,
4% gold income bend cer¬
The interest due Jan. 1,
and
Jan.
1940, on the second mortgage
1,
1989, will also be paid beginning Dec. 1, 1942,
of Bankers Trust Co., New York, N. Y.—+V. 156, p. 1780.
due
tificates,
at office
; V;
■.
Safety Car Heating & Lighting
have
been
declared
April
July
1,
1
1941.
Dec,
23,
—V.
155,
on
$1
per
both payable Dec.
Distributions of $1 each were made on
Oct. 1, last, and on April 1, July 1, Oct. 1 and
the latter date, an extra of $1.50 was also paid.
and
On
2099.
p.
Co.—$1 Extra Div.—
share and a dividend of like amount
the common stock, par $50,
of record Dec. 5.
to holders
23
of
dividend
extra
An
^
.
concluded.—V.: 95,
Republic Investors Fund, Inc.—Earnings—
9 Mos. End.
divs.
Expenses
Interest
&
.;•=',:
directors
1941
$61,801
$40,033
35,955
14.129
10,967
——
bonds
on
—_—
1940
record
19,230
11,205
(\
interest-
1,325
1,325
1,178
292
945
——
$23,464
$29,447
18,197
9,166
$12,888
$47,644
$17,591
this
7.
Dec.
issue on
the common stock, payable Dec. 18 to holders of
distribution of 50 cents had been paid on
last year, and on Dec. 20, 1940.
also declared the usual quarterly dividend of $1.25
extra
An
22,
Dec.
The directors have
share
per
on
record Dec.
$8,425
*10,576
V,
Dividends—
the regular quarterly dividend of
5%
the
7—V.
preferred stock,
156, p.
payable Jan. 1 to holders of
1870.
•
'
233
profits from security transacts.
25 declared
Nov.
on
cents per share on
75
1942
$53,032
16,746
Sept. 30—
from
Amort, of debt
Provision
Net
for
income
Net
discount & expense.
Federal
income
——
income
and
tax—
—
profits
—_
Balance
Sheet, Sept. 30
in
(held by custodian)
banks
of like amount
with 50 cents each on March
21 and Dec. 15, 1941, and 75
$113,388
Due
on
for
securities
Due for common
Accounts
sold
but
not delivered
Marketable
—
securities
owned
(at cost)—
Prepaid expenses
Debt
discount
——.—
and
furniture
expense
and
fixtures
5,340
7,451
(net)—_—...
5,260
318
141
1,940,424
2,016,832
2,993
12,957
14,724
2,687
1
Total
—
—
391
$2,151,926
$2,173,031
:
.
.
Schenley Distillers
8.070
127
shares- sold but not delivered—
receivable
'
■
17,100
agents
2 and May 21, 1942; $1 each on
cents on Aug. 18, 1941.—V. 156,
1694.
p.
.
deposit with div. disbursement
Dividend and interest receivable—
Cash
were
record Dec. 10. Distribu¬
last, as com¬
made on Aug. 20 and Nov. 20,
tions
Nov.
$176,752
.
Corp.—Year-End Dividend—
has been declared on the
year-end dividend of 25 cents per share
common stock, payable Dec. 21 to holders of
1941
1942
Assets—•
Cash
Savage Arms
A
pared
♦Loss.
ended
adjustments
of accruals was also disbursed
■'
Office
1940
22,
Safeway Stores, Inc.—Regular
Net
share on
preferred
,
Division of the new company, located in Pittsburgh,
continuing management of George W. Goldsworthy,
Republic
its
cents per
class- A
St. Louis Southwestern Ry.—Interest Payments—
■
the
been
of facilities for high quality litho¬
both to the protective field and
the
work in the graphite arts field.
The facilities of the consolidated company, therefore, will be avail¬
able both for the finest protective
banknote work and the highest
grade lithographic work. %
•
: v"V
products
who
past
50
stamps,
graphic
be
of
cumulative
1936, and Jan. 1, 1937, on the first terminal
and unifying mortgage 5%
bonds, due 1952, will also be paid be¬
ginning Dec. 1, 1942, at office of Guaranty Trust Co., New York, N. Y.
document
The
4%
York.
years,
Jr.,
dividend
all kinds
protected against counterfeiting.
•
'
During the last several years, however, Republic has been diversifying
its
a
the
on
$1 per share on account
1941.—V. 156, p. 1059.
of
Dec.
on
was
Treasurer.
both companies
of
declared
have
accumulations
par
served
Hamer,
F.
of
$50, payable Dec. 21 to holders of record Dec. 10.
A
quarterly dividend of 25 cents per share was also declared. on the
same" issue, pfiyable Jan.
15 to holders of record Jam 2, which same
rate has been paid each quarter during 1941 and 1942, ' An additional
stock,
enlarged company.
Co.
Bradley
directors
The
account
new
Co.
will
.
Co. and Republic Bank Note
the consolidation of the assets and busi¬
Banknote
companies
two
Banknote
money,
later
p.
and an increase in the accrual
$1,792,474, or a net reduction in the
profits taxes being computed
Co.
Steel
company
for Federal taxes on Income———
prov.
The
of valuable documents, principally the engraving
of securities for companies in this country and abroad, the engraving
4,067,090
18,669,916
19,325,857
of
business
The
7,693,892
accordance
of
that
1942
debentures,
on
Earnings
on
the board of
making of
serve
$1,480,529.
Oct.
States
See
(& Subs.)—Earnings—
services—
to holders/of record Dec. 10, Payments of 20
April 1, July 1 and Oct. 1, last, 25 cents on
Jan. 2
Banknote
Harry
the
of $3,273,003,
taxes
,.
$38,185,821 $37,436,395
revenue
on
founded in 1884 in Philadelphia by
as Chairman of the board of the
company
until his death in 1940.
Republic Bank Note Co. was
incorporated in 1908, at which time George W. Goldsworthy, Sr.,
of Pittsburgh was elected President, '.--v
.'V/; / *
■" -'?■
The officers of the new corporation will be Thomas C.
Bradley,.
President; James F. Gouglass, O. Stuart Thomson, Jr., and George;
W.
Goldsworthy, Jr., Vice-Presidents; James A. Bradley,
Secretary,
12,617,354
of
applicable to the first nine months of 1942,
\
In
October,
1941, Federal income and excess profits taxes were
computed in accordance with the Revenue Act of 1941; however, an
adjustment made in October, 1941, resulted in a net credit in the
accrual for Federal excess profits taxes in that month.
Federal Income and excess profits taxes for the 12 months ended
for
—
revenue
Net
cents'per
been declared on the common
25 cents per share has
companies
on
Thomas
79,742,988
(one
surtaxes)
Nil
•
787.
p.
these
Security
15,096,921
October,
taxes and
$0.19
^
and
Amortization
to
cents in preceding quarters. 'A 10% stock
also made on May 2, 1941.—V. 156, p. 1059. rj-/
was
two
90,984,463
1942, figures as rewritten include only the applicable
month's portion) of Federal Income and excess profits
taxes computed In accordance with the Revenue Act of
1942, excess
profits taxes being accrued at the net rate of 81%."
Adjustments
made In October, 1942, to place the accrual for Federal income and
excess
profits taxes in accordance with the Revenue Act of 1942
resulted in a reduction in the accrual for Federal income taxes (nor¬
The
portion
$14,036
.
revenue
Interest
?
,
and 20
Nov.
Income
Balance
28,192
$84,148
Nil.
Corp.- -Gulf
Steel
Redemption.
sales
of
The
Inc.
24,594
$3,389!,
———-v-
Non-operating
cents per share
1942,
2,
directors
will
12,936,297 164,885,479 149,649,965
7,126,968
854,750
Cr355,094
1,585,206
32,976
26,627
—.
965.,
p.
for
Gross
1420.
p.
25
were
Security
the
the
7,922,762
taxes..
26,500
Jan.
of
1942,
on
ness
1942—12 MOS.—1941
$
v
&
expenses
income
Federal
$
14,359,218
revs.—
inc._
Republic Bank Note Co.—Consolidation—
other
Total
of
payable
The
925,168
132,115,880
(outstanding):
Capital stock
59,877
67,693
share of common stock.
per
156,
Cost
$2,385,341
1,456,900
$1,995,975
$177,203
$192,162
156,
156,
each
2,
and
132,115,880
deferred credits
Other
—
surplus..
dividend
serve
^'' yy';
16,823,020
payable and payrolls..—.—
Accrued taxes (including provision for Federal
Income taxes)
»—19,927,141
Advances on munition contracts (contra)
17,090,708
Reserves a._—'•? 16,497,432
Liabilities—
Post-war refund
167,377
51,775
Selling,, admin. & general expenses—
Depreciation, depletion & amortization——
Dry hole losses and abandonments—
——1$'-
Remington Rand, Inc.—25-Cent Dividend—
A
684,814
Accounts
$302,457
•168,630
50-Cent Annual Dividend—
as
Air
13,074
Jan.
on
..share.—V.
2,972,379
property
$329,147
181,066
St. Lawrence Corp., Ltd.—Accumulated Dividend—
844,530
657,794
charges-
Equipment
$340,925
—i—
depl., deprec. and amort-
579,496
ii——
.
assets
3,681
9,543
holders of record Dec. 19.
Distributions of
cents per share were made on March 10, June 10 and Sept. 10,,
Prior to the 40% stock dividend paid on Feb. 16, 1942, the com¬
tribution
1942 ex¬
on
———-i—'———-A-—,.
reserve);
♦Other
6,501
425
payable
cents
profits tax.—i—..—I———...————
securities, investments and claims (less
cess
Other
$1,999,017
Dr 82
403
net
dividend
A
stock,
Jan.
2,067,000
————————
7,969
income
Total
8,336,197
Government
S.
ferred
$294,489
10,769
$2,394,734
$177,710
2,854
Rath Packing Co.—25-Cent Common
39,076,121
17,090,708
—
(contra)
$318,378
6,515
Sales, excl. State & Fed. gasoline and oil taxes $37,325,531 $36,536,976
Other operating revenue —————
860,290
899,419
322,279
$189,711
income.
—
earned
to
7,623,747
A—28,353,840
munition contracts
on
$2,266,226
267,209
payment
Inventories
$334,410
expense-
other
transferred
inc.
last.
13,058,200
——„
accounts
.car
33,417,652
769,000
securities
trust
Equipment
51,215,959
222,342
Richfield Oil Corp.
$2,717,013
35,711
(credits)
♦Deficit.—V.
,
notes earmarked for
taxes
$213,421
28,643
>:
inc..
(charges)
inc.
inc.
from
Net
1941
$
securities.—
Government
U. S. Treasury tax savings
Other
'"
./■'v.;,.
U. S.
and
Sept. 30
236,648
V. 156, p. 1870.
$Deficit,
■,.»1942
;v
$218,354
inc._
ord.
Net income
.
1941.
preciation, special reserves and Federal taxes on income.
269,859
$2,697,690
ordinary
Extraord.
$1,553,637
$4.67
$516,831
'
subsidiary (Enterprises Industrielles
tAfter all charges except de¬
French
of
both
in
$7,160,536
$$327,435 $$1,130,980
$0.90
$0.66
surplus
1940
$555,026
—
net of
Republic
' .390,753
2,772
ordinary
Deduct,
Earns,
1941
$604,268
'
companies.—V. 154, p. 1702.
$220,851
from
Extraord.
$2,975,485
3,302,921
;•
.
.
inc.—non-commun.
Deduct,
$2,173,031
-Earnings—
9 Mos. End. Sept. 30—
—
income
12,278
1942
————
Minority interest;
depreciation and current inter¬
Period Ended Sept. 30—
Net
1,343,436
$2,151,926
Subs.)
(&
30—
Abandonments—
$4.85
$24.09
Sept.
—_
inc.',
Total
—„_
Ended
revenue
Prov. for
1941
$397,644
income
commun.
Operating income
(& Subs.)-
1,350,971
62,148
' Profit
Sept. 30
revenues-
oper,
117,800
283,976
■.
Operating and general expense
:
1942—Month—1941 '
1942—9 Mos.—.1941 '
$611,604
$694,809
$6,296,168
$7,000,129
481,965. ' 4,072,277
4,331,060
.
oper.
Other
Pullman Inc.
Months
Called
1333.
p.
47,070
112,110
298,204
————'
—
Operating
C. A. Communications, Inc.—Earnings—
Total
$2,008,625
47,070
—
Dr3,500
Republic Petroleum Co.
the exchange
that
1942
:
$1,973,139
net income after taxes,
Total
Net
1,071
332,000
155, p. 2188.
9
,
Years Ended
capital stock
on
Period End. Sept. 30—
-
—
;
Net. profit:
;
1,000
332,000
due
bonds, series A,
————.
—
1,621
fractions
&
—
conv.
——„■
surplus
Earns,
232,721
inc.
gross
effect
the
to
income———
all funded debt of subsidiary
on
certifs.
19,573
\
17,474
•
$254,743
loss———
-V.
$1,793,378
R.
Gross
of Internal Revenue
Bureau
♦Consolidated
loss
Non-operating income-
for
rVi
V-
;
4%%
1950
Total.
to provide a more
should improve
Federal stamp taxes
are
stock which
of
♦Consolidated
scrip
2,490
2,388
preferred stock, series A, conv. ($10 par)
Capital
The adoption of the proposal requires the approval of holders of a
majority of the outstanding stock.
49,500
Operating
amendment
corporation's
loss for Federal income tax purposes.
or
$931,691
5,500
to
the
to
Earnings,
$166,751
—!
oper.
proposed
of
and
cable oper.
&
(loss)
rev
distribution
the
1,
Earned surplus
by the stockholders of their present stock, in accordance with the
proposed changes, will result in the present recognition of no gain
1942—Month—1941
.1942—r9 Mos.—1941
$1,881,657
$1,829,795 $16,687,908 $17,152,50?
2,048.408
1,980,686
18,891,122
18,084,194
Teleg. & cable oper. rev.
'7,22ft.
■'*
1,927
—„
% preferred stock, series B ($10 parj——
stock ($1 par/
————
6
proposed changes, if adopted, will hot involve any capitaliza¬
surplus or any change in the capital stock liability as shown
the corporation's books.
The corporation has received an opinion
by
—„:
Common
The
tion
(& Subs.)—Earnings-
Telegraph Inc.
of the
purposes
marketability
from
Period End, Sept. 30—
$4,497
5,938
.
reduce the liability
transfers of stock, the company states.
its
'
value.
par
suitable
cents
37 %
1,
$1.37I/a.-—V.
on
1941 on the class A stock were as follows: March
cents each; Sept.
1, 87Va cents, and Dec. 1,
1870.
■. ' y; >> .V
Payments during
1
the
addition to the
in
is
declared
$1.25
on
value, payable Dec. 1 to holders of record Nov. 25.
dividend of 37% cents per share previously
class A stock, no par
This
of
dividend
additional
$1,328
—
———
shares
Feb.
/
,
A
An
received—.
accrued
2,490
payable
redeinp. of
Collateral sec.
on
for the purpose
account
for
of
58,347
1612.
p.
local taxes
Miscellaneous, accruals
Prom Jan. 1—
Gross
shs. purchased but not
'
return, under the Second Revenue Act of
25,153
*2,163
taxes
income
the first
for
'
33,485
oper.
and
1940,
with the Revenue Act of
$104,064
-23,471
Federal
additional
for
Pittsburg & Shawmut RR,- -Earnings'October—
1957
:
.!•
;
;
'
.
'
Corp.—50-Cent Common Div.—
24 declared a dividend: of 50 cents per share
payable Dec. 15 to holders of record Dec. JO.
made on this issue on Aug. 20, last, and t-Y..
June 16 and Dec. 15, 1941.
The previous payment, also 50 cents per
share, was made in March, 1938.
.
■
The directors also declared the usual quarterly dividend of $1.37 Vh
per share on the 5%%
cumulative preferred stock, payable Jan. 2 to
The
on
A
the
directors on Nov.
common
stock,
similar distribution was
VnlftoM
nf
rprnrrl
T")PfV
19.
V.
156.
D.
1244.
1958
THE COMMERCIAL & FINANCIAL CHRONICLE
Scott Paper Co.
9
Months
Net
Mat.,
(& Subs.)—Earnings—
Ended—
sales
repairs,
local
taxes,
exps.,
incl.
etc
Depreciation
Distrib.,
725,096
admin.
paid
&
goods
on
"Oct. 4,'41
gen.
Dec.
4,680,188
record
Nov.
30.
A
Arrearages on Sept.
share.—V. 156, p. 1510.
15,
quarters.
account of
on
stock,
like
$100,
par
amount
last,
Office
payable
in
per
to
Cash
amount
in
Other
profit
:
__
income
1
Earnings before
,
_
Federal
and
State
for Federal & State inc. &
Prov.
Provision
for
Federal
excess
taxes—
stk.
cap.
$2,904,289
taxes
t884,725
banks
of
system
Nov.
on
Net
,_™1
earnings
preferred
on
advanced
.'
$1,242,216
Furn.
Southern Ry.—Earnings
$1,400,057
192,477
193,284
and
1942
Net
earnings
Shares
of
for
on
90%
of
1942
Current
current
of
assets
$8,853,458
—V.
156, p.
of
as
liabilities
Act.
Oct.
were
and
$1.80
:
Excess
allowance
no
667,942
$1.57
for
$3,388,526,
current
taxes
amounted
comparing
liabilities
of
to
with
$2,732,641
current
Oct.
on
and
equip.,
assets
1941.
The
SEC
Union
1942.
on
Nov.
and
in
18
year-end
Southwestern
Gas
with
March
of
$1
share
per
been
has
declared
31
50
cents
and
June
paid
30,
Sept.
on
1942.
30,
iast,
and
Payments during
March
31, 25 cents; June 30 and
year-end'Of $1.—V. 156, p. 701.
Sept.
30,
50
This
were
to
authority
15,
a
stock,
Court for the Eastern
Powell
Jr.
offer
to
and
purchase
withdrawal
V/.
at
order
an
Anderson,
time
any
stated
as
by
District of Virginia,
Henry
below),
entered
receivers,
prior
all
of
the
1942
(With,
in
1,
cate
the
of
Aug.
City,
is
The
and
1,
1930.
agent
for
receivers
their
bonds,
coupon
all
to
All-Florida
appurtenant
The
the
coupons
thereto),
subsequently attached
deposit representing
from
in
of
case
1931,
for
or
$1,000 bond and unpaid
a
New
York
Trust
Co.,
100
sale
of
31),
by
in
merger—of $3,650,000
bonds, and $2,441,800 of
1870.
the
reserve
to
withdraw
$5,
par
10
cents
payable
Dec.
made
were
during
share has been declared
per
15
to
holders
March
on
1941
were
16,
of
record
June
follows:
as
19
Nov.
30.
Broadway,
N.
15,
and
June
time
any
156, p. 1870.
Sept. 30—
Period End. Sept. 30—
Operating
Operating
Operating
Costs
ana
Other
1,880,481
1,408,378
819,742
$331,999
$108,371
$29,997
$13,603
9,908
Net
9,023
5,324
—V.
$85,321
$20,547
21,739
21,379
12,366
236,000
30,741
3,770
$65,274
__
taxes__
5,000,000
Capital surplus
8,708,155
9,144,996
3,646,342
2,803,802
Earned
27,321
$19,185
"Loss.—V.
156,
•
...
stock.-
common
$0.57
$0.42
■
,
,
Net
Earnings
$152,700
$1,364,374
$1,314,019
600
5,400
4,100
97,806
95,896
883,546
782,659
expenses,
taxes
expenses
(taxes
r™„_
21,597
24,889
216,404
194,290
income
$37,316
$31,315
$259,024
$332,970
1335.
additions,
65
Nov.
on
$10,000,000
The
application with the Missouri P. S.
issue and sell an additional $ 10,000,000
to
distributions
made
were
follows:
as
The
directors
share
per
payable
and
Jan.
Nov.
on
the
2
needed
was
1871.
156, p.
declared
23
usual
quarterly
stockholders
to
of
special
a
dividend
record
dividend
of
$1.12
of
25
Net
share™.
all taxes and
amounts
30,
1871.
p.
paid
were
50
during
cents
to
1941
Gas &
output
of
the
on
able
of
$3
Dec.
50
each
$0.07
$0.19
tOn 1,220,467
30,
1942,
$265,831,
was
$493,712,
1941 period.
provided
$0.22
or
$0.41
or
out¬
per
at
to
in each
1
to
dividend
stock,
18
declared
dividend
a
for,
since
there
is
previous
E.
the
of
made
of
10
record
25
Nov.
this
on
cents
payment,
South
Corp.—Pays Accruals
cents
25.
issue,
share
to
20
quarterly
dividend
of
to
On
Sept.
against
as
10
has
holders
July
on
also
Penn
cents
of
last,
1,
per
on
been
1,
75
last,
payment
a
cents
was
April 20,
Dec.
Oct.
on
share,
directors
Oil
previously
the
on
of
have
decided
set
aside
the
5.
A
10,
Furniture
the
over
and
J.
its
of
made
The
Dec.
on
1940.—V.
at
company,
bids
for
shall
company
offers,
but
lowest
offer
if
the
have
its
Pittsburg,
sale
to
the
it
elects
shall
be
it
of
Pa.,
156,
16,
of
Sadler,
purchase.
not
company
to
than
of
to accept
purchase any
accepted
Acceptance
later
as
first
or
Dec.
of
and
rejection
1.—V.
or
156,
be
Period End.
sept. 30—
revenues
oper.
Gross
for
of
the
over-all
for
profit';
in
tentative
section
rate
•
of
-
Public
by
subcontracts
or
with
National
Law
528,
section
1942
77th
801
figures
which
may
be subject
provisions of
Appropriation Act of 1942
Congress, approved April 28,
the
renegotiation
Defense
of
the
Revenue
subject
are
of
Act
audit
to
1942.)
*
adjustments.—
1246.
the
accepted
will
it
be
of
the
cash
until
surtax)
and
Nov.
stock.
all
or
offered
shares
until
"Prov.
'
Dec.
10
on
considers
Fed.
In
The
the
C. Teagle
and
R.
W.
Gallagher,
1942,
the
months
10
same
such
the
com¬
sales
reflect
show
preferred stock,
1941
of
mtge.
by
Co.—Earnings1942—9 Mos.—1941
$7,570,685 $75,313,627 $65,277,257
Amt.
Net
per
$9,914,162
995,714
640,722
1,663,295
553,650
239 993
on
post-war refund
"-Provision for
the
flected
8,676,778
for
the
basis
in
9
the
of
434,976
552,153
$2,221,674
of
137,122
187,625
193,960
months
5,718
4,818
7,618
151
285
226
$1.25
and
of
dividend
a
payable Dec.
of
15
15,
15,
28
60 cents.—V.
including
$1
share
per
to holders of
share
per
per
28
holders
to
March
156,
Sept.
on
1931;
30,
on, the
record
made
were
cents.—V.
has been
share
31,
of
record
June
29
June
follows:
as
none
Dec.
this
1.
Issue
since.—
Pec.
and
Sept.
.
»■
the
on
capital
Similar distribu-
7..
and Sept.
28
156,
declared
29,
last.
26,
10
Payments
cents
each,
615.
p.
(& Subs.)—Earnings-
Sept. 30—
earns,
1942—3 Mos.—1941
from
•
<
Mos'.—1941
1942—9
•
$1,270,973
58,696
57,136
176,087
171,469
earnings-
$296,705
$338,772
$1,094,886
$1,033,632
funded debt—
26,900
27,513
81,017
'4,215
4,215
12,645
72,050
198,500
"452,050
$160,623
$108,545
™
depreciation™
net
of
debt
disct.
for
$1,205,101
83,488
&
J,
.
income
157,508
$2,466,104"
10,462
$2,154,907
$1,744,767
$0.60
of
Cr4,230
$1.02
tax
Federal
amounting to $240,046 representing
provision for such taxes in 1941.
125,000
share.
of only
$0.28
and
40%
surtax
$424,174
$0.17
for
the
applied to
1942
$543,000
'
$0.73
period
base
our
—
394,500
are
$0.93
figured at
a
credit, Which is about
amount exempt from excess profits tax). Excess profits
is-computed at 'the rate of 90% applied to all income in excess
the
base figure of
months to Sept. 30,
$750,000.
Since
this
figure
was
exceeded
in nine
it is pointed out that any profits earned during the
will be subject to a- 90% excess profits tax tvith
$0.83
and
but
income
ended
the
last
quarter of
10%
1942
refundable after the war.—V,
156,
p.
1871.
profits taxes is made
excess
1942,
without
profits tax provided
months
\
$1,276,952
Federal income
rate
$1,961,877^ ~$750;D00 (this
1,692
$1,609,993
$0.76
com.
"Federal normal 'tax
206,ef8^
215,427
100,000
Cr514
for
32,917
___
State
taxes"
per
combined
$1,436,153
Act
_.
&
Fed.
profit
Earns,
' .12,645
employees'
trust
for
"
162,129
12
June
to
Payments
cents each;
$395,928
welfare
Net
Revenue
and
and
and Dec.
last.
15,
on
made
were
251,953
209
excess
provision
on
Prov.
.
the
Sept.
each
$355,401
Reserve
541,785
$2,665,167
—.
1942
declared
to
on
15
expense
553,650
$1,629,647
min. int.
11,148,757
net
for
Amort,
loan
share-
15
cents,
cents
Dec.
were
27,
-
of
42,564|905
$1,321,490 $12,219,313 $11,323,602
Dec.
10
made
1941
operations
Int.
639,325
703,412
_
-
of
payable
were
Consol,
certain
com.
and
share
payable Dec. 15
cents
$3,957,831
subs
income
Earns,
35
1695.
period End.
;
$7,818,599 $14,080,402
$1,771,609
applic. to
1928,
Thermoid Co.
1942—12 Mos.—1941
,
$5,876,329
—
of
March
28
of
of, $1.10 per
$100,
par
(& Subs.)—Earnings-
$3,257,597
—
by
15
June
15,
$100,
par
2,
p.
Consol.
Balance
14,
Sept.
dividend
a
Distributions
follows:
as
distributions
dividend
during
5,956,332
loans
Depreciation
were
stock,
July
tions
of
1510.
p.
8,204,072
expense
the
March
on
declared
30.
directors, have
stock,
decline
a
156,
386,558
interest
Nov,
Texon Oil & Land Co.—10-Cent Dividend—
A
,
decrease
a
1941.—V.
14%.'
3,247
Amort,
Other
259,080
20
first
issue
156,
appliances
•
mtge.
13,278,772
1334.
Nov.
common'
14.27%
of
decreased
$1,912,187
on
1937.—
1783.
V.
4,561,002
1
Interest
compares with 50 cents
1941, and 50 cents on Aug. 8,
Texas & Pacific Ry.—Resumes Dividend—
lT
inc.
The
11,
on
record
15, 56 cents;
Aug.
The
1
.
6,360,700
—
Dec.
on
This
$6,050,423
electrical
1942
of
period of
1,376,945
taxes
Balance
30.
cumulative
this
from
increase
an
of
manufactured
appliances; net
the
$1.20
dividend, out of current net
stock, no par value, payable
a
capital
Nov.
1510.
of
during
p.
respectively.
$4,582,907
show
sales
the
on
record
1942—10 Mos.—1941
$553,911
Net
8, last;
directors
7 %
on
who retired
156, p. 1871.
Oct.
of
declared
20
share
per
holders
Telephone Bond & Share Co.—$1.10 Pref. Dividend—
the.
1871.
.
advisable
forwarded
9,883,876
j
the
Jersey)—Changes in Personnel
being
excess
i
30
966.
988,327
790.
p.
The previous dividend was 80 cents per share on Dec. 23,
156, p.
1942,
for
156, p.
;.
1942—9 Mos.—1941
taxes
49,556,461
1,103,942
156,
,
21,
kwh.
to
Nov.
on
profits, of $1.20
and
________
for
profits
offered
the
Federal
26,721
$1,368,587
directors
and
156,
30
$4,379,102
(normal
1,259,073
p.
at
excess
provided
Taylor-Wharton Iron & Steel Co.—$1.20 Dividend—
Prov.
4,963,401
156,
June
companies
•.
to succeed Walter
1941.
for
with
—_
32,816
income
,
.
$10,739,802
1,550,490
income
■
October,
electrical
expenses—™
5,781,989
taxes
operating
1942)
provision! ha$
(1942),
(including
credit
l/10th of one share represented thereby.—V.
The
last.
$1.50.—V.
156.028,000
1942—Month—1941
in
Sept. 30—
Operating
—V.
31,
of
operating
with
Vice-President.—V.
a
now
earnings
Operating
taxes
capital
reject any
the shares
then
1942—Month—1941
$8,733,882
rev.
sales
while
Operating expenses
Net
March
year-end
a
utility
$613,352
for
not
compared
Period End.
"Prov.
its
which
p.
will
Southern Bell Telephone & Telegraph
Uncollectible
the
Guaranty Trust Co. of New York, 140 Broadway, N. Y. City, is:
prepared to redeem scrip certificates for 4% preferred stock .($10
value) issued and dated Dec. 15, 1941, at the rate of $1.0239 for
n'ow
Comparative Consolidated Income Statement
securs.
Operating
sales
net
Write-down
Net
30,
Co.—Weekly Output—
retired,
as
V
month
articles
12.36%,
55.72%
Other
office,
right
progressively higher prices shall
pany has acquired the volume of shares
to
follows:
24,
compared
board
1614.
p.
of purchasing a number
with the intent of retiring
shares
the
portion
a
outstanding capital stock
reducing the capital stock.
such shares and
net
same
other
Furniture
similar
1941,
purpose
at
Sept.
Vice-President in charge of finance, has been
the
also retired
com¬
Co.—Tenders Sought—
to
The
and
30
system for the week ended Nov.
as
Stone & Webster, Inc.
declared
record
and
quick assets of the company for
shares
Federal
Talon, Inc.—To Redeem Scrip Certificates—
and
per
Dec.
made
was
public
Co.
kwh.,
.,>__™™™A™™„...
Balance
receive
as
Dec.
Electric
Gallagher,
L. Harper
Sales
regular
a
of
1940, which compared with 5 cents
The
June
no
wipe out arrearages
preference stock, no par value, pay¬
convertible
holders
payable
distribution
of
31,
Sterchi Bros. Stores, Inc.—October Sales-
Nov.
on
was
profit
net
income
on
to
accordance
above
p.
Quarterly
quarter.—V. 156, p. 701.
mon
The
156,
par
the age of 65.
succeed
D.
789.
p.
cumulative
cents
of
Act
contracts
in
amended
Frank W. Pierce, Executive Assistant to the President, and R. T,
Haslam, director of sales, have been elected directors. Wallace E. Pratt
and Eugene Holman have been elected Vice-Presidents and directors
Solar Aircraft Co.—10-Cent Dividend—
A
were
and
t
elected Chairman
1939
$226,395
with
corresponding
taxes were not
profits
169,147,000
Ralph W.
1940
,
compared
as
share and
per
above
taxes1
effect
supplemental
403
as
holders
$0.10
ended Sept.
year
for the
directors
cents
general
for
part of the company's current business is derived
Government
sixth
(sectjon
both
1
'
$91,728
Simmons-Boardman Publishing
The
March
on
each,
Period End. Oct. 31—
75
$0.73
and
and
The
corresponding week last year, an increase of 8.4%.—V.
Co.—Earnings—
$0.06
stock.
liability.—V. 156,
Revenue
adjustment
V.
Standard
totaled
depreciation, but before depletion.
share
Note—Excess
the
A substantial
1941.
1942,
6,
$121,738
the
standing share
giving
paid
Sept.
Electric
1941
common
profit for
determining
Federal
after
of
the
year-end dividend of 50 cents per share has been declared on the
stock, par $1, payable Dec. 21 to holders of record Dec. 10.
Standard Oil Co. (New
$67,988
outstanding
per
selling
taxes
Square D Co.—50-Cent Common Dividend—
.
1942
profit
$5)
In
for
and
12)
cents
share,
per
'
Silver King Coalition Mines
3 Mos. End. Sept. 30—
per
all
State
for
reserves,
^
of plant,
depreciation
approximately 75% of income before such taxes.
15.
Dec.
A special distribution of 25 cents
per share was also made
January since and including the year 1936.—V. 154, p. 1704.
Disbursements
July
,
(par
stock—
common
for
52,741
$741,893
cial Dividend of 25 Cents—
A
Republic Bank Note Co. above.
"After
on
for
made
(3)
Nil
$0.04
of
year-end
tEarnings
::
-—'
income.
on
been
V.
1060.
p.
Security Banknote Co., Phila.—Merger-
shares
share
provision
1942,
application stated that the money
construction and improvements.'—V.
new
Standard Gas & Electric
♦Net
$689,152
-
taxes
-
provision
Notes—(1)
from
filed
23
authority
stock.
common
for
cents; and July 5, 1941, 50 cents.—V. 156, p. 262.
see
™_
per
"After
taxes,
par
compares
profit
600
rev.
after deducting provision for Federal
_™!__™™_™_™™_!™V-.-!--—-
income
on
^
profit
income
,
25 cents per share has been declared on the common
value, payable Dec. 5 to holders of record Nov. 25.
This
with 12 Vz cents per share previously paid each quarter.
In
no
1871.
p.
Earnings for 9 Months Ended Sept. 30, 1912
"$6,774
.
Selby Shoe Co.—25-Cent Common Dividend—
dividend
—
—
52,671
188,940
Symington-Gould Corp.—Earnings-
common
A
_
100,000
,
$30,917,992 $28,144,407
$157,319
oper.
156, p.
Like
stock,
possible-security losses.^.:
surplus
156,
each
profit
Earn, per sh. on 122,700
shs.
66,458
1942—9 Mos.—1941
Southwestern Bell Telephone Co.—-To Issue
Additional Stock—
6,944
$117,394
$84,168
income
1,735,155
Springfield Fire & Marine Insurance Co.—To Pay Spe¬
$341,907
deductions
838,419
-.,
3,084,380
.
-'
-reserves
for
20,
934,793
expenses
2,453,442
..
1,880,983
Reserve
$948,396
income
Federal
1939
$849,739
income
Total
1940
$1,516,749
Operating profit
Other
1941
—
2,075,801
1;
—
Unadjusted credits
—-.'-U—102,951
Min. int. in cap. stk. & surp.of subsidiary!™,.'
7,075
Capital Stock (outstdg. 2,104,391 shs., no par)-.-. '
5,000,000
Depreciation
last.
operating
Net
of
1942
(contra)
71,596
Co.—Earnings—
1941
1942—Month;
revenues
Uncollectible
company
Commission for
$2,212,480
™.
contr.
taxes—™'—™™-———_
1157.
p.
Y.
Seagrave Corp.—Earningssales
construe,
on
for
732,984
Similar
Sept.
15
.
9 Mos. End.
>
$5,600,000
.
963,150
common
each; Sept. 15, 10 cents, and Dec. 16, 15 cents.—V. 156,
The
Net
v
A*
accrued■ ■ _L'
-V.
the
on
and
March
Southwestern Associated Telephone
certifi¬
interest thereon
at
'■
1
payable.
each
offer
the
96,280
$30,917,992 $28,144,407
-$4,805,000
by clients
250
right
—68,642
-
r:
receivers.
discretion.—V.
25,985
„—
payable,
"Operating
general
(subject
Seabcard
the
merger until Dec.
issue and sale
to
p.
97,808
■
12,026
—
loans
Other
17, Legh R.
a
included
Southern
'
District
S.
made
31,
the
U.
Nov.
on
have
Dec.
to
and
any
of
Sought—
Ry; first mortgage 6% bonds, series A and series B, and certificates
of
deposit therefor, at a flat price of $160 for each $1,000 bond
Feb.
of
distributions
granted
be
first mortgage 3%%
sinking fund debentures.—V. 156,
dividend
5 cents
Pursuant
Co.—to
by
for
4
157,188
deprec.™
expense—
.i
Mortgage
Southland Royalty Co.—10-Cent Dividend—
A
Payments
Seaboard Air Line Ry.—Tenders of Bonds
time
respect
19,034
,
82,511
on
follows:
and Dec,
cents,
the
proposed
with
for
56,861
,.61,334
'
_
debits
Interest
Time—
filed
3,387,232
77,797
Total
com¬
each
as
159,116,736
the
on
cents
25
1941
extend
the
was
sinking :fund
6%
amendment
an
to
with
approved
25-year
stock, payable Dec. 14 to holders of record Nov. 27.
common
pares
dividend
approved
subsidiaries
20-year
A
Gas Co.—SEC Extends
connection,
Application
Texas
Co.—$1 Year-End Dividend—
loan
838,419
5,115,259
;
not consolidated
allowance
mortgage
Accounts
Co.
Gas
securities
new
1694.
Scranton Lace
less
2,453,442
—
—V.——.
of subs,
securs.
Liabilities-—
3,841,894 233,923,046
con¬
■__
(less reserve)•
'™™™™.—™™„™™_
Total
1941
$
.5,928,841
—
construction
on
Sept. 14—-
1870.
p.
Southern Union
and
4,
to
8,554,316
500,000
240,000
——
Reserve
at
$9,841,189
earnings
156,
1
1942
Adv.
1941.
the
22,
calculated
Gross
—V.
refund.
post-war
last,
3,
Co. acquired Sept.
profits
$
$1,206,773
667,942
;
of Marinette Paper
Revenue
with
$1,049,739
—
outstanding.
shares
"Includes operations
tBased
rate
shares.
common
stock
common
Earnings per common
-Jan.
1941
clients
supplies
in
Unadjusted
-Week End. Sept. 14-
Period—
by
(contra)
■
int. and notes receiv.
Investments
172,402
7,230,344
:
notes,, series B™_„——
Prepayments
804,610
shares——1
L__—
hand—__
on
Treasury tax
Materials
23
6,187,277
Treasury certificates of indebtedness--
tracts
of
$8,881,190
6,038,258
„™
S.
Accts,,
W. W. Hale as Vice-President in charge
freight, succeeding the- late J. T. Saunders, was announced
by A. T. Mercier. President.—V. 156, p. 1870.
Appointment
1941
$8,881,190
estate
—.
Unamortized
Dividends
real
S.
Southern Pacific Co.—New Vice-President—
$2,377,069
1777,348
profits taxes
and
U.
-
Cash
Operating
Sept. 80
1942
buildings
Securities
paid
was
said
were
Comparative Consolidated Balance. Sheet,
Assets—
accumun
4,517,756
207,495
$31
$2,169,574
273,644
of
1%
preferred
U.
to
$2,630,645
dividend of
a
cumulative
holders
to
15
7%
the
on
previous
678,147
freight
sold
declared
The directors have
lations
$24,347,728 $19,138,564
16,311,799
11,773,087
—
sal.,
wages,
Southern Colorado Power Co.—Accumulated Dividend
"Oct. 3, '42
___
Monday, November 30, 1942
for
and
Sept.
reversal
in
allowance
said
excess
30,
of
1942,
a
Act.
profits
is
a
portion
for
Re¬
taxes
credit
of
the
Time, Inc.—Larger Distribution—
A
dividend
stock,
tions
last
par
of
50
$1,
of
75
cents per share
payable Dec.
cents each
(compare V,
156,
were
p.
10 to
made
790).—V.
has
been declared
on
holders of record Dec.
on
March
156,
p.
10,
1158.
June
10
the
4.
common
Distribu¬
and Sept,
10,
Volume
Number 4129
156
THE COMMERCIAL & FINANCIAL CHRONICLE
-
Thompson Products, Inc. (& Subsi)— Earnings—
Period End.
Net
h
sales
(^
^
r
_
_
9,697,438} 31,705,551) 25,827,130
Cost
of'products soldi- ' 11,046,2601
860,523)
Operating
profit——
'3,798,330
1,517,497.
35,824
87,352
income— !_—*
2,558,982)
8,822,258
I
Sell,, adih. & gen. exp._
Other
Union Water Service Co. (& Subs.)
if
• 1942-1.9 Mos/—4941
$15,705,112 $11,214,934 $43,086,792 $30,564,299
4,737,169
85,928
183,867
for
FroY.
Total
int. exp.,
exp.,
for
prov.
etc.
!
,
Prov.
for
;and
invest,
165,872
—
117,555*
■
,844,181
300,000
,150,000
—
profit
.
ofres.
2,755,465
6,736,344
.600j000,
•.
450,000
-.
$341,585,
$639,438
.
consolidated
.Gross-'income
■
$1,264,783
295,490
$4.61
295,490
$3.92
$2,03
;
■
$1.04
;;
Products/Cb.
'
/
■Net
shown above includes $199,812 for the
subsidiaries after a charge of $142,994 for
Canadian
exchange .transactions,
;
„
'
'
?,
-
notes,
Inventories
acceptance
and
'■
Patents &
1 censes—at cost
■
4,237
70,420
etc.-
:
461,150
•
66,567
374,96ft
•
i,!———i——Ji—!_!- $22,850,851" $21,630,812
•'*.
'
Liabilities—
'
■/
;, /'•'
_—.————I--'
■
*
$765;315
2;649;805
Accrued taxes, royalties* etc.1,071,221
Prov. for Federal and Dominion taxes-———
112,330,129
Long term debt
I—.:,
3,600,000
$450,000
'2;i32,398
819,771
3,099,547
—2,998,900
4,050,000
"565,342
2,750,000
.2,998,900
5,936,880
'4,667,554
95,740
97,300
-
r
Reserves—
!
——
'
——1_—"
*$5 cumulative convertible prior pref. stock.—
Capital surplus
737,362
2,665,500'
Earned surplus
...—1'—J.
—
.♦After
———
'
$22,850,851 $21,630,812
——
rates
in
income
Federal
taxes
the
for
$94,574
nine
months
$164,286
1941.' i1 After
reserve for depreciation of $2,973,666 in 1942 and
$2,337,119 in 1941..
^Represented by 26,655 <27,500 in 1941.) no par shares.
^Represented
by 295,4^0 no par shares, it After, deducting U. S, Treasury tax notes
Of $5,228,740. —V. 156, p. 1615.
'
;
in
and
1942
$152,020
Act
effect
the Calendar
for
1941.
year
It
is
does
charge
and
consolidated
of
cludes
not; reflect
the
portion
income
provided
Months Ended.
■'
•'
income
for
"■ '
V
.■$]
''':
the
the
to
_i
Provisions
for
——
''
tax
and depletion.!
undeveloped
leasehold
$2,840)
hole losses and property
Dry
of
Rentals
that
The
year.
Total
state¬
undeveloped
retirements
cumulative
$820,000;;
preferred
stock,
$600,000;
taxes,
companies,
laneous
Taxes, other than estimated Federal Income tax
United Gas Improvement
The. electric
Nov.
for
output
21,
1942
kwh„
dividends
inc.
•Total
and
and
is
oth.
over
system companies for the week
124,457,170 kwh., an increase of
the corresponding week of 1941.
to
1942—9 Mos.—1941
-Total' income
Interest
of, funded
debt
706; 198
Net
its
returns
profits
subsid'aries,
that
248,187
233,772
380,981
718,887
Divs.
on
Divs.
on
On
at
assets
share
per
806,328
935,491
1,114,398
1,093,319
1,148,380
1,451,799
•Surplus
———„
3,504,972
2,272.647
$0.90
!
I..——
5,598,123
$1.27
,
..
•_
income
balance—
♦Together with revenue from other operations (exclusive of
company transactions)
(net).
-1 Includes excess profits tax.
,
-Note-j-The
for Federal
provision
bined normal and surtax rate of 40%
of
—V.
on
sales
p.
1695.
156,
the
amount
of
$20,949,750
stock—^
2,869,535
stocks
8,138,121
com.
2,869,560
13,951,065
$285,043
3,826,055
'
;
■
,
,
Tin Processing Corp.—-New
:
President, Etc.—
Total
Sept.
of
the
take
London. 1
,
his
up
with
duties
the
Netherlands
-
;
•
,
•
•
Government
corpoi'ation
19.270
$252,575
$225,071
$203,973
of
income-
Divs, paid on prior
will conthiue
Corp.,
as
of the corporation.
Vice-President
Federal
Other
oper,.
Other
,
Assets—Cash
accrued,
interest
The SEC
V.
of
156, p:
entered
time,
Electric
sales
from
this
at
purchase,
Associated
17
Nov:
on
Co.
water
order
582.000' shares
for
$582,000
systems
1871, '.
an
located
in
in
authorizing the
of
its
cash.
/The boa x*d of
the
of
of the New- York
an
company
of
application
from
listing
with
and
purchases
of
the
stock
1941 for others than Republic Steel Cotp.~V.
United Gas & Electric Corp.
Stock
308,854
subs.
100,978
153,055
166,359
the common stock,
Def'd
income
$156,120
$174,544
42,580
51,979
11,311
$329,976
$427,336
$208,099
$185,855
188.575
18,967
236,597
97,194
72,769
4,188
C?-35.876
Cr30,101
$146,781.
$143,187
income
etc.—
res.
4,930,973
56,033
! 5,034,764
4,874,940
com.
21,713,279
divs.
21,483,882
24,126,207
3,416,928
550,815
inc,
of
2,544,677
1,013,163
789,024
2,588,471
1
Marketable
securities
——
—
receivable
1,518,981
321.980
Other -.investments
~-
411,323
259,959
—-
——
tCompany's own preferred stock——
223,868
27,846
32,487
19,191
8,556
$8,062,355
$7,832,771
$1,522,300
$1,522,300
3,225,800
charges and prepaid expenses-^,-——!
3,225,800
336,723
22,834
401,214
23,359
60.000
3,693,596
—
com.
20,432,611
626,753
of
Liabilities—
Px'eferred stock
Co,
4,065,403
..
.
,3,806,169
17,568,967
19,805,858
cumul.
!—„—-—
•
—
payable and accruals—/,—--——w
Dividends payable
——
—
Res. against forw'd par commitments for tinReserve for taxes and oth. Government charges
792,203
609,558
for contingencies and in general—373.366
equalization reserve---.—
—
94,235
Capital surplus —
1—
107,925
Earned surplus
——
1,586,970
200,353
186,95?
107,935
1,495,305
$8,062,355
$7,832,771
Reserve
Price
23,909
.1,452,812
264,774
3,531,899
7,386,084
5,282,890
21,365,640
27,289,575
829,634
741,454
3,541,813
3,145,286
4,027,178
956,507
4,541,436
956,520
3,070,671
Co.
63,719
.727,690
4,856,812
tl.G.I.
—
stock
Accounts
(deducted. above)
.
Oth.
$1,290,693
2,544,677
———
1941
$1,284,175
—:
465,243
Accounts
$3.71
30
1942
equipment—
goodwill, etc.
Patents,
220,568
appiic.
on
$3,82
Assets—•
♦Plant and
24,346,775
229,397
945,890
$5,06
$3.09
—
Deferred
848,957
$186,551;'
$122,434
$100)
(par
stock
'
of; earns,
Total
3,584,916
$0,154
.
—
taxes
97,633
Bal.
Similar distribu¬
made on March-15,-June 15 and Sept. 15, this year and in
1941, while on Dec. 15, a year ago, a payment-of $1 per share was
made.—V. 155, p. 2102.
to
Divs.
Co.
$5 div. pfd. stk.
on
applici
of
to
U.
G.
per
•♦The
above
17,823,827
3,826,055
3,826,080
$0,132
share—
statement
Includes
the
13,997.772
20,318.209
$0,602
financial
statements
$0,874
of
The
its
lessee
Municipal
accounts
•
in
Works
of
operation
of
Gas
for
accounts
connection
with
the
operations
the City of Philadelphia
and its
the Northern Liberties Gas Co.
of
the
agency
RR.— Earnings—
Wabash
October
Co.
Philadelphia Gas Works Co. which relate only to its corporate accounts
and
does not include those recording its
tfansactions with respect
to-
704.
24,144,289
com.
I.
t
depreciation of $2,824,651 in 1942, $2.t2,175 shares in 1942, 1,875 shares in 1941.—V. 156,
deducting reserve for
736 991 in 1941.
p.
cap.
stocks of U.G.L
!-•
♦After
—
appiic.
Total
other
&
Reductions
Earnings
of 50 cents per -share has been declared on the common
$384,756
27,412
——
income.
shs.,
172,322
•pfd.. stocks, of subs,
appiic, to 17, G. I, Co.
Bal.
1.-
$302,563
.
since
(Conn.)—$1 Dividend^-
15 to holders of record -Dec.
$945,729
771,186
279,264
497,987
156, p. 1615.
were
763,336
etc.—
equalizations
Net
139,521
564,051
18,066,954
on the Exchange
156, p. 1783.
$919,456
1,412,320
Earns! per sh. on 32,258
293,407
28,120
5,093,116
58,352
1
G. .1,
1939
1940
$1,797,076
Comparative Balance Sheet, Sept.
122,881
Exchange -Nov.. 24
1941
1942
T!»i,
reserve,
Price
346,864
1
3,929,050
Viking Pump Co.—50-Cent Common Dividend—
tions
81,149
pfd.
U.
interest
quotations,
1,192,291
Total
stk.
stock, payable Dec.
Tax
32,930,825
7,911,200
120,404
value, payable Dec, 21 to holders of record Dec. 5.
A similar
distribution was made on.this issue on Sept. 21, last, as against $1.11
on
Dec.
30,
1941;
60
cents on Sept. 20, 1941,
and
88
cents on
dividend
7,977,304
76,372
23,894
32,404
Sink. &,oth. fd. approps.
to
and
market
$1,494,854
Inventories
par
A
29,855,778
73,119
the SEC to- strike the
registration on the Ex¬
dividend of $l,per share has been declared on
1940.—V.
—
Total
5,719,760
1,885,562
53,948
Exps.,
14,
Profit,
Other
1,779,188
2,185,984
6,955,676
4,185,807
This action was taken, in view of the >small amount of shares
in the hands of the.public and what appears; tq be- a
Dec.
9,718,028
7,130,905
2,011,443
160,272
,
at
taxes,
Eqd. Sept, 30—
deprec.,
Exps.,
Common
governors
income
Sales. I—————
:
deducts-
utility subs,
receivab'e
•
Vulcan Detinnmgr Co.—Earnings^
1,092,581
Minority interests-—'—-
outstanding
no
784,235
int._
on
Earns, avail, for
1942
accounts payable,
Federal
3 Mos.
31,838,244
298,505
stks. of utility subs.
change.
A
—
Ky.—
stock
proportion
29,071,543
derived
common
small
6,657,171
charges-
Net'inc, of util.
SO,
dividends
securities,
8,895,852
_
filing
of
7,016,504
114,401
537,122
construct.
to
stock, from
and Murraj',
market
Sept.
$566,910;
payable for securities purchased, not received,
accrued epenses and taxes, $12,940; reserve
$9,300; $5.50 dividend priority stock ($1
par), $73,664; common stock (10c par), $56,743; surplus, $7,608,313;
unrealized
deprec'ation
(net)
of. general
market securities owned,
$1,936,626; total, $5,840,687.—V, 156, p. 967.
company
Truscon Steel Co.—To Delist Stock—
authorized
1,335,929.
544,677
Int.. chgdv to
Balance
.
471,916
1,383,599
;
,ll_—
Stks. &
other- prior-' deducts.!
common
The cash was
May field
1,850,057
Miscellaneous
on
83,014
•Liabilities—Account
$16,341;
$775,815
10,102,324
9,860,581
5,222,889
2,229,686
5,557,692
75,822
27,169
Divs.
Tri-City Utilities Co.—To Purchase Stock—
1,832,932
expense—.
assumed
Sheet,
banks,
general
total, $5,840,687.
A'mort.
Other
79,399
1942—12 Mos.—1.941
2,421,513
1,742,094
u
Int.
Balance''
.
taxes-
(net)
premium &
in
$27,969;
$5,245,809;
■
Gross income
on long-term debtof
debt
disct.,
.
$134,314
75,099
74,014
expenses'(without giving effect to: results of security transac¬
tions), carried to statement of surplus.
re¬
revenues-
income
41,628
$183,443
♦Over
and
taxes—
local
and
48,274
$204,301
$181,434-
Stk.
$189,530
$208,800
74,486
51,955
I—
♦Excess
(incl. Subsidiaries)
2,512,922
Taxes
.
also
formerly- !Viee-Fresident
Processing
dcprec.,
replace,
tFederal. income, taxestFed. excess prof, taxes
in
announced the election of J, van. den Berg,
and Manager -of the'smelter, as President,
ahd the election of Ethelbert Warfield, of * the law I firm of Satterlee
&. Warfield, as Chairman: of - the board.
Jv B. Peyrot,! who succeeds
'Mr.
van
den Broek
as
one
of the managing
directors of N. V,
Billiton
Maatschappij,
the Dutch tin. interests ' which control Tin
The
for
1,497,992
amortization
Net
Which is'operating the tin smelter belonging to
Reserve Cdrnpany, a subsidiary of RFC, announced on Nov. 23
that J. van den Rroek, -its President, had resigned to become Finance
Minister of Holland, and that he. would leave within the next few
to
'$37,204
1939
1940
$233,390
■
9,253,738
newals,
1941
income
$
$
• $
23,964,361 104,798,485 ' c99,770,761
I 9,087,619
36,598,114
34,026,332
1,620,159
6,155,676
5,607,337
25,801,583
Prov.
1615.
p.
Total
19,764,009
$980,970
$;
revenues—
oper.
State
.This! corporation,
■:*/ ;■;•
expenses-_„j
Maintenance
Metals
days
V'Y'
■
the
being
for Federal
15,458
3,826,080
11,625,887
1942—3 Mos.—1942
Operating
col¬
State and Municipal governments- in the form
of gasoline, lubricating oils,. and other products.
Federal:
for
taxes
income tax is based on -a com¬
applicable to taxable net income.
hot .include
does
statement
■Above
lected
inter-*
■
returns
1.able
$209,613
$10,722,613 $15,839,655 $15,489,146 $22,814,274
♦Consolidated Income Statement
...
such
are
$229,100
23,475
1,531,780
Period Ended Sept. 30—
Earnings per common share
the
for
29,414
1,257,984
1-— ^
1,687,500
3,506,298
premised on
companies
filed
lbe
earned
♦Profit.
;
will
preference of
Expenses
taxes-
pfd.
.
Deficit
9,790,595
1,687,500
stock.:
common
7,466,445
and
the
suf¬
under
Interest
361,405
taxes—__
income
t4,735,800
■I.
tax
provided
filed. Consolidated
annum.
for
.Net income from operations for the period;
Dividends paid or declared;
On
preferred stock—
—
tax
charged
excess
Dividend income
$11,345,373 $16,009,745 $16,170,820 $23,039,788,
622,766
170,090
681,674
225,51"'.
674,790
;
tax
Earnings, 9 Months Ended Sept, SO
$11,539,480 $16,103,394 $16:454,762 $23,169,796
194,107
93,649
293,942
130,008
.2,566,900
expenses—
for estimated Federal income tax...
estimated
income
1942
income
Net
2 H
$13,439,133 $18,187,265 $19,030,959 $25,959,560
than
Approps, of net
15,245,282
10,703,135
——_—
amort:
&
.Provision
'
677,220
—
combined
a
returns are
considered
not
net
the
per
1942^-12 Mos.—1941
oper! incomededucts. fr. inc.-
Other
in
additional
miscell.
income
Provision. for'
14,539,084
$304,961
Pursuant to authorization by stockholders at a meeting held oh
Aug. 11, 1942, the corporation has entered into a contract with Empire
Trust Co., New York,
providing that the trust company will render
investment advisory service to the corporation at a fee of $16,500
Co.—Weekly Output—
$13,190,946 $17,953,493 $18,649,978 $25,598,155
—!«.!
from
594,279
10,030,915
.
$337,910
where consolidated
Balance
•
•Operating income
Non-operating income
165,343
30, 1942, were equivalent to approximately
corporation's $5.50 dividend priority stock.
sucii priority stock upon involuntary liquidation
($100 per share and accumulated dividends)
is in
excess
of this
amount, there was no asset amount for the common stock. The priority
stock is entitled to $110 per share and accumulated dividends; upon
voluntary liquidation.
UGI
the
amounted
or-9.5%,
invests. & oth. income
515,360
2,249,098
3,538,559:
1942
Earnings (Company Only)
■Net
97,869
415,923
295,448
——-
profits taxes.—V. 156,
$78.76
As
and replacements
(including approximately $375,000 at dates
acquisition), $671,880; pther revenues, $1,000; contributions in aid
$253,777; total, $5,271,076.—V. 156, p. 872.
Int.,
$984,099
70.539
407,369
—
-
Utility Equities Corp.—Quarterly Report—
The
construction,
Exps,.
3,808,138 •
of
it
excess
results
the
cover
corporation
filed,
stock,
liabilities, $12,884; unearned revenue ($84,821) and
customers'/advances for construction, $91,221; reserves for retire¬
Total
periods—
income
Federal
current
720,000
2,553,489
for
which
to
Revenue Act
taxes, $12,290; accrued Federal and State
interest, on long-term debt,
$55,997; miscel¬
general
$47,498;
454,092
,
income
ficient
paid-in
lien
$6,577;. accrued
ended
74,089
$1,171,316
—
first
income
of
—1_
—
Note—Provision for Federal income taxes for the period ended Sept.
30, 1942, was computed at the rate of 40% on profits of subsidiary
surplus,
$225,000;
consolidated
earned
surplus,
:5Vi'/o
gold bonds, series A, due May
1,
1951,
$2,443,500;
accounts payable
(including $1,023
to
affiliated com¬
panies); $7,556;
customers'
deposits and accrued interest thereon,
$21,915;
72,347
$915,970
68,126
•
Treasury
common
84,316
——————
Income
Net
investments
utility
Liabilities—$6
1941
81,097,227
etc.
Provision for Federal income taxes———.
notes,,$7,712;
703,490
(net)
acreage
reilected
(& Subs.)—Earnings
—_
depll,
less interest earned
Deprec., depl. and amortization
Sept. 30, 1942
S.
taxes
profit before dcprec.,
Interest expense,
ended
accounts receivable (less reserve of $9,607), $52,672;
revenues,
$12,911: materials, and supplies (priced at
$33,3C5; prepaid insurance, etc., $3,637; debt discount
and expense
in, process of amortization, $99,362; miscellaneous de¬
ferred,charges, $1,051; total,'$5,271,076.
10,196,248
:
662,500
General and administrative expenses.—-——.
$366,962
also
is
year,
adjustment
which
of
debt
Of
730,384
10,842,035
costs...
tax
of
1942
Other income
pnded Sept.
reinstatement
average-.cost);
Period Ended Sept. 30—
■
2,247,695
t—
depreciation
of
the
figures.
Federal & State payroll
Sept. 30, 1942, in¬
adjustment, in October, 1941
year
Consolidated Balance Sheet,
1941
♦Sales of crude oil and petroleum products.— 111.830,351 109,410,824
of products sold and selling expenses—80,359,987
76,327,812
Amortization
the
and
Operating
.-Assets—Property, ..plant
and-, equipment,
$4,821,970;
($1,200)/and fpecial funds, < $1,905; cash, $236,551; tr.
Cost
Insurance
of
$529,660,
of
1942
approximately $8,530 recorded by
applicable to the, year ended Sept. 30, 1941.
,
1942
\
:
months
operating revenues—
$14,983,641 $12,023,673
(excl.. deprec., depl, and amortiz.)
13,026,869
10,404,887
Selling, general and administrative exp,——
775,229
630,470
which is
(& Subs.)—Earnings—
Sept, 30—
months'
of
amount
six
Cost of sales
taxes
the
in
(approximately
earned-surplus-incident to
expense which is applicable
to
10,776,091
9
entire
first
result
a
Mos, End, Sept. 30—
Sales
that
estimated
Federal
-
Nofc-—The statement of consolidated income for the year
.
in
.
Tide Water Associated Oil Co.
three
the
the
As
over-accruals
profits tax for all 1942
which, for the nine months'
credits,
United States Distributing Corp.
9
ended
by. the companies prior to the passage
at. rates approximately 50,CI?
in excess of
provisiohs Will exceed the liability for
applicable to this period/ when computed as
Revenue Act, by approximately $12,500.
of
of
reserve
post-war
tax
for
excess
19Q
$25,326
ments
Total
the
to
Federal
$529,660.
above,
applicable
for
Note.—The above figures for all
periods exclude earning.s of former
subsidiaries, the investments in. which were sold in 1941 and 1942.
However, dividends and other income. actually received from such
companies are included for all applicable periods.—V. 156, p. 1871.
were computed
Revenue
1,135,509
: 4,790,163
less amortization:.-
Nptes payable to banks/—!.j
Accounts paydble
for
such
accrued
SCommon. stock
137,833
4,462
20,056
:
9,466,072
.
1,382,392
4,611,264
—-——-,.—!
Prepaid insur.*, taxes, advertising, catalogs,
Total
137,611
—
(net)
of debt discount and expense-.—-
1942
the
ment
.
$1,272,816
4,524,725
.
6,244,043
7,349,163
—-I-'
assets-
other
and
tProperty, plant' and equipment:.—I
to
m
$236,834
of
aggregated
referred
446
$187,455
'
shown
net
are
period
$236,388
302
■
1942,
30,
discount
"' " 1941
$2,732,413
-
of
the
1942 1
■'
amounts
periods
"~2~673
$187,153
long-term • debtor—
on
30, ,1941,
,.-
861
.
accounts receiv,'
—
—
Investments
;
,
——!1—
—
♦Ti-ade
:
.
Consolidated Balance Sheet, Sept.
Assets— '
Cash
$The
6,613
1,773
income
Sept.
the
for depreciation and amortization for the first
amounted to $352,141, against $355,686 in 1941.
profit lor 1942
•
$217,910, being the net effect of adjustments
applicable to the first six months of the year.
17,811
35,767
tax
—
♦Provisions
•♦Excluding Thompson Aircraft
net
60,198
"
'Notes—(1) Provision
(2) The
69,484
_I
income
Amortization
$1,463,915
295,490
295,490
'
I
nine months pf 1942
|
earnings
Other,
Miscellaneous
Cr345,802
J
share—!-
per
44,050
income '.tax——
Interest
.
J—.
—
part---
Earnings
proiits
excess
29,047
44,050
-
is
Shares of common stock
:(no
_!
352,849
Thomp-
in
22,205
J
replacements
income ,taxes-
Federal
Net
2,780,372
Aircraft Prod. Co.
Net
551,669
'
and
1.—
•
1, 1942, being made in the September quarter.
The combined earn¬
ings applicable to common stock of The U. G. I. Co. for three months
ended
Sept. 30,
1942,
are
therefore
increased
in
the
amount
of
138,879
Cr6.078
I
retirements
taxes
♦Federal
$522,965
148,795
Cr 4,676
—
adj.
post-war
conting
Re-instatement
•son
."••"•
'
State
income—
on
$4,823,097.
$9,006,125
'
,
"Dominion
and
•taxes
for
•
exch.,
Can;
-
Federal
$1,553,320
$3,885,682
income
Develop,
1941
$511,163
J.
charged,-to construction—
Maintenance
General
eral
1942
Operating" Vevenue
Operaticuv.
.General ..expenses
tThe above figures for the 1942 periods reflect provision for Fed¬
tax liability
in accordance with the
"Revenue
Act
of
1942,"
adjustments as were necessary to correct for accruals since Jan.
-Earnings-
Elided Sept. 30—
Years
>'1942—3 Mos:—1941
Sept. 30—
1959
Gross
from
Net
from
Net
ry.
1942
railway-
railway-—
Oper.
—
—
income.
1941
1940
1939.
$7,973,519
3,759,994
816,014
$5,370,917
1,556.410
$4,432,911
1,525,469
953,846
$4,615,165
1,587,699
997,950
64,098,273
47,646,372
25,313,015
—-
14,964,633
37,927,606
8,763,447
36,473,384
8,152,472
7,389,625
8,164,566
3,028,995
2,327,869
868,209
From Jan. 1—*
Gross
from railway-
Net from
Net
—V.
ry.
__
railway
oper.
income-
156, p. 1616.
__
THE COMMERCIAL & FINANCIAL CHRONICLE
1960
West Texas Utilities
(S. D.) Warren Co.—To Pay 25-Cent Dividend—
25 cents per share has been declared on the
A dividend of
Period End. Sept, 30—
common
value, payable Dec.; 24 to holders of record Dec. 16.,
This compares with ,50 cents paid on Sept. 28, last, 75 cents each on
March 27 and June 26, 1942; $1 on Dec. 26, 1941, and 75 cents each
stock,
par
no
Total
♦Federal' income
1940, to and including Sept. 29, 1941.—V, 156,
quarter from March 25,
p.. 1248.
;
' '
■
" "
:
'■
■
51,372
472,032
16,907
65,554
66,414
199,844
$625,220
income—-
oper.
$596,832
$2,214,131
Total
int.,
the
1,547
1,671
8,000
$2,222,131
$2,026,111
deduct.
219,846
230,628
892,375
923,520
_________
$406,922
$367,875
$1,329,756
$1,102,591
etc.,
$6
stock-
pfd.
cum.
106,860
107,642
428,500
$300,062
—
♦Federal
the
with
in
taxes
income
the
Revenue
$260,233
1942
Act
1942.
Note—For
.Liquidation of Assets—When the trustees, were appointed, $5,898,744
the amount'received In March,
1941, from the condemnation of
debtor's electric and steam properties at Longview, Wash., was
still
being held as a
special deposit in a "release fund" by the
Chase National Bank, New York, as the trustee under the indenture
Western Union
the first mortgage gold bonds.
It was drawing no interest.
My first major effort was to find some way to use this idle money
in making part payment on that bonded indebtedness.
A plan was
worked
out
whereunder
all but $356,267
of that deposit has been
securing
interest
to
in
shares
the
for
first
mortgage
Bank,
Broad
11
Members
to
the
The
city
for
of
$750,000
is
contract
the
by
properties
works
bonds the moneys received for
under the indenture securing
bonds and be held for the time being in a release fund.
will
be
in
Longview is
moneys
received
those
the
from
the
in
now
Morton
fund
release
of
such
and
the
thereon.
due
properties
mortgaged
as
■.•■",
armed
It
is
that
company
be
can
Continental
the
first
lien
liquidated
and
Bank
and
and
Trust
its
net
assets
turned
New
of
Co.
York,
the
of
All
the
Dominion
by the
general
debtor
mortgage
preferred
subject
of
any
shares
to
Ltd.,
Power,
and
the
of
shares
common
Electric
mortgage
&
pledged
bonds.
The
of
each
these
these
during the continuation
sacrifice,
conditions,
The
with
at
owned
the
part,
be
from
as
This
by
been
conducted.
It
recent
in
than
can
ment may
claim
stocks
the
of
for
result
a
writes
that
nothing
due
in
into
the
of
part
definite
can
be
course
.
.the
due
on
the tax
the
and
Dominion
the
the
and
extent
subsidiaries
be
feasible
ingly,
is
the
of
a
basis
continuance
for
before
Longview
lien,
if
water
As
to
said.
either
business
for,
155,
any,
on
those
is
and
p.
608.
the
of
the
which
final
debtor
by
is
Gas
.7/
required
by
of
the
statute
of,
as
plan
a
:
Philip
&
cents
per
;
v
(Iowa)—Smaller Dividend—
share has been declared
on
5,
1938.—V.
156, p. 1248.
.-
18,250
2,090
$44,205
$54,609
25,962
25,962
debt
debt—
84
74
3,423
3,480
$14,736
—
$25,093
—
5,229,064
566,713
$581,300
—
•
■
'
;
.
Earnings—
Sept. 30—
1942
to
1941
iA
$4,647,761
(from parent companyt__—
—44,010
(from others t
170,385
revenues
Purchased
power
repairs—;
and
insurance
for
est.
for
114,411
3,067
—2,975
29,973
i
168,702
general
income
169,916
expenses————
—199,431
Other
operating expenses—
Taxes other than income taxes
♦Prov.
129,102
203,213
1,475
expenses
and
$4,347,962
252,248
—_
—
for, doubtful accounts
Administrative
and
%
excess
682,029
626,164
603,367
682,667
profits taxes
depreciation—————
195,558
611,905
/
—
488.453
589,357
545,728
$1,298,443
$1,183,144
i._
$5,326,192
Net
operating revenues
Non-operating revenues
♦Cr358,000
______
792.
p.
Commercial
5,199,281
$6,161,815
etc.
expense,
income
156,
Provision
$9,320,258
1,205,215
1,098,744
10,588
36,834
$1,309,030
$1,219,978
.'492,235
502,864
'
$934,286
—
first
$581,300
months
8
45%
at
by $358,000.—V.
Gross
$6,519,815
$5,326,192
reduced to 40%
now
156,
made
15
June
on
holders of
to
Net
15, last,
and
June
on
1.
20
A
interest
M.
President
Morgan,
and
Mass.,
156,
David
York
New
1784.7'7,7
p.
of
>
the
G.
City,
Morgan
Baird,.
have
and Dec.
77,'/V.% '• 7/
elected
of
members
of
Net
sales
♦Cost
of goods
;
31—
income
13,625,080
---A---------------------------
ended
estimated
Sept
Federal
1942,
30,
profits
excess
•
respectively.
tax, surtax, and excess profits taxes
$98*000 the provisions made for such
/r
.
,,
will
exceed
taxes.—V.
;/
■
■
by
156,
v-Vr
..
directors
share
of
Nov,
on
20
declared
accumulations and
the
on
7%
dividend
a
of
$8.16%
share '
per
regular quarterly dividend of $1.75
stock, and a dividend of
a
cumulative
preferred
$7 per share on account of dividend arrearages and a regular quarterly *
dividend of $1.50 per share on. the 6%
cumulative -preferred stock,"
1942
$14,275,213
/Operating profit —Ax-L—■$650,133
Interest, rent, and other income___
r
98,709
Total
months
12
for
$118,286.
v.:'";'/.
account
all
payable
Sept.
$748,842
Dec.
last,
15,
the
on
/
the
provisions
and
Wisconsin Power & Light Co.—Preferred Dividends—
•The
per
sold and operating expenses—
income
.792,'
-
the
.
(including sales of leased dept.)—
include, for
1941,
Marsh
of
Inc.—Earnings—
Six Months Ended July
/
30,
$242,896
4,280
$712,834
taking account of estimated post-war credits of approximately
$30,000, the requirement, .ainder the 1942 Revenue Act, for Federal
of
Co.
2,484
V
After
on
Stores,
amounts
Sept.
taxes
19,
!—
!
$814,311
approximately
Construction
Vice-President
been
charges
income
♦These
and
similar
j
,
income
Other deductions
,7
1784.
p.
record Dec.
155, p. 2104.
board.—V.
6%
preferred
15 -to
holders
distributions
of
preferred stocks
and
$2.50
the
on
of
record
Nov.
30.
On
June
and
15
$1.75
on
the 7%
preferred and $1.50
paid, as against $2.91% on the 7%
were
6%
preferred
stocks
March
on
16,
1942. '
Arrearages as of Sept. 16,. last, amounted to $13.41% per share on ",
the 7%
preferred and $11,50 per share on the 6% preferred stocks, ?
(See also V. 156, p. 792).—V." 156, p. 1424.
/"
'
.
Other
Federal
of
the
refinancing
of
taxes
for
1,274
expense_^.___■
deductions /—___—_____________
normal income and excess
profits tax
Overprovision
common
Yale & Towne Manufacturing
5,683
Period
411,773
•
prior year
I)r6,785
Net
End. Sept. 30—
Net
$5
profit' ______—_________J__—_A—
prior preferred stock dividends
cumulative
6%
cumulative
convertible
preferred stock
—■/
$263,148
18,142
•
43,954
i
dividends
Balance
:
Earnings
————;
share
ner
♦Including
on
on
263,510
shares—
common
provision
for depreciation
property and equipment.
i
store
Balance
»
f
and
War
Accounts
receivable
Merchandise
Sheet, July
Total
and
other
and
31,
56,300
contracts
;.L—
•
8,049,377
267,186
$16,763,313
to banks——
on
and
income
—
local
Feb
.1,
—
taxes
(net)—
mortgage note—due
Long-term indebtedness
Jan.
1943
735,213
$844,608
$1,095,753
$l/.73
$2.25
417,035
$272,017;
^
..
$138,759
$0,56
,
$0.28
for Federal
Act, but
without
Nov.
on
addition
in
the
both
2,
—V.
156,
special
to
consideration
for
foreign,
.24
to
declared
the
being
stockholders
a
special dividend
regular quarterly dividend
payable
of
on
record
on
losses.'
war
,■
;
Dec,' 18
Dec.
Dec.
4.
and
Special
19, 1941, and
of
40
cents
of
the
15
cents
regular
Dec.
on
on
distributions
18,
1940.
1336.
p.
Yellow
1,526,803
The
per
to
75,000
2,675,000
common
of
record
surplus
surplus
capital
—
J
treasury
of $3,697,807—V.„ 156.
1,564,400
dividend
stocks
2,090,942
Drl75,920
$16,763,313
—
♦After reserve
class
16.
Like
16,
B
and
stock,
amounts
on
of
quarterly
a
preferred
dividends
both
were
25
payable
paid
dividend
stock,
of
on
of
$1.75
payable Jan.
2
each on the
cents
Dec.
April
26
1,
to
holders
July
1
and
on
50
Jan.
cents
2,
per share was paid
1942.—V. 156, p. 792.
25
on
cents
the
per
share,
common
an
and
extra
class
B
145,610
—
in
and
Dec.
declared
cumulative
Dec.
3,391,537
:
stock
In
stock
last,
23
Nov,
7%
record
the respective issues.;
addition, to a regular dividend of
1,
2,931,125
par shares)
of
on
the
on
holders
Oct.
fruck & Coach Mfg. Co.—Regular Dividends—
directors
share
28,276
—
prior pfd. stock (15,644 no
pfd. .stock (par $50)
(271,443 no par shares)-
Cost
—
1,970,752
of 40 cents each were also made
519,011
_—
conv,
Capital
Total
share,
366,078
income
Earned
of
share
per
75,452
stock
473,511
Special Dividend—
directors
per
$1,550,000
—
State
Reserves
cum.
634,707
taxes—
taxes for the third quarter and for the 9
period of 1942 has been estimated on basis of recently enacted
Revenue
The
6,437,035
226,428
—
—
payable
cumulative
profits
40-Cent
1,029,789
(net)———
—
First
Deferred
139,491
$3,280,997
•
465,637
$2,248,051
156,832
and
/
Federal,
taxes
$751,761
>$1,063,556/
inc.
$697,199
aSsets—
17,267
Net profits ——(.
Earns, per com. shr.___
months'
—
installment
—
Liabilities—
$5
-
1942
equipment-—
charges
Fed.
Note—Reserve
hand—
stamps
inventories
and
property
Deferred
on
and
9,359
...
,
1942
and
bonds
Investments
♦Store
$162,968
/
banks
in
S.
$2,230,784
5,672
$0.52
of
...
Assets—
U.
$3,271,638
2,582
income
for
excess
$201,051
;
amortization
$746,089
received
Total
1942—9 Mos.—1941
$1,060,974
Depreciation charges—•_
Res.
Co.—Earnings—
1942—3 Mos,—1941
earns./ from oper.—
Interest
Federal
payable Dec. 1 to holders of record Nov. 20.
Distributions of
30 cents per share were made each quarter from
Sept. 3, 1941, to and
including Sept. 3. 1942.
The previous payment, one of 20 cents, was
made on Feb.
195,731
579,624-
payable Dec,
McLennen,
6%
20
inc.
accrued
was
Worcester,
Common
stock,
19,072
—
debt discount and
Purchased power
Maintenance and
$1,148,013 $11,390,879 $10,525,473
a
Co., trustee, 208 So, La Salle Street, Chicago, 111.—V. 155, p. 2192.
Western Grocer Co.
funded
unfunded
■p,
of
The company has called for redemption as of Jan.
1, 1943, a total
of $76,000 of first mortgage bonds, 5% series due
July 1, .1958, at 105
and interest.
Payment will be made at the City National Bank & Trust
dividend of
185,214
$1,514,010
——
transf.
Notes payable
Called—
taxes
.
on
normal
desirability
-
Co.—Bonds
income
Operating
"
r
Wick wire Spencer Steel Co.—New Directors—
to be
consummated
,
A
$952,282 $10,292,135
$934,386
$1,
1941.—V.
their pro¬
or
the
formulation
Federal
Wisconsin Michigan Power Co.
$1,538,909 $18,998,961 $15,060,196
28,879
366,764
305,693
557,748
8,340,062
5,434,245
$1,328,796
income.
taxes
par
Accrued
Ohio
1,132,905
bal.
distribution
the
nego¬
proves
securities
and
5,613
20,863
20,913
12 Mos. End.
dividend of 37Vz cents per share has been declared on the common
A
stock,
Accounts
West
"
1
The
.7
claim
works
83,270
8,138
on
Net
trustee
it
will
not,
in the
trustee's judgment,
satisfactory reorganization plan.
Accord¬
to wait until the status of those matters
making the report concerning the history,
condition
its
of
proposals
reorganization.—V.
a
expects
financial
■
be
determined.
clarified
and
tax
the
formulate
to
trustee
further
property
is
of
the
1941
$185,516
27,297
Interest
Weyenberg Shoe Mfg. Co.—37%-Cent Dividend—
principle
the
be
companies,
1942
____
Amortization of
.
Cash
of
purchase
opers-
income
♦Income
as
paid "from Unmortgaged cash assets the Govern¬
lien for the balance on the debentures and preferred
Utah
/'/•.
$200,250
______
Interest
;v
thus increasing net income
that,
ceeds if sold.
Until
1
35,133
profit and loss
retroactive
a
be
a
156,
'
;/
taxes
and
taxes.—V.
•:
81,448
;
Net earnings
68,690,905
Amortization
,i,7:.:./,/>
eventually found
such
,
Interest73,750
claim.
.
determined
action.
Southern
*
77,155,647
about
which
yet
as
State
■Net
taxes,
provides
statute
upon
General
—V,
that
of
which
for
v—
Depreciation
with
profits
excess
of .1942
court. decisions
contesting
will
amount
assured
seems
made
to
the
heretofore
provisions
——_
are
gains made from the condemnation
exchange of depreciable property may
or
claim
court
or
Revenue. Act
amendment
thereof
more
sale
the
amount
works
Maintenance
of
profits,
relying
of
the
the
some
balance
If
electrical
the
Ilydro-Electric Co.—Earnings—
earnings
Operation
1942—9 Mos.—1941
8,086,941
$2,496,834
income
Income
that
of
/
• ■-■—■
•
'
Internal
excess
"
1942, and Sept..30,
profits taxes of $104,600
excess
3 Mos. End. Sept. 30
$96,154,608 $83,751,101
$9,625,850
1
Approp. of income—
Wash., over the depreciated value
being contested, both in whole and
Negotiations
for a
possible compromise
being
in
the
deducted.
tiation
the
the
upon
$107,000
Gross
and
apply
included
be
may
less,
or
not
It .is
trustee.
excess
established
has
for
based
claim, which was asserted
abandoned by the Government as
made
of
respectively.
Wisconsin
sug¬
oper.
revs.—
assign, to
Net
income taxes for 1940 which,
amounts to $1,069,338 with interest
is
messages
9,214,247
— —
oper.
Wieboldt
Collector
will
rates
$689,617
end. Sept. 30,
••7.-7.7-'-.->: 7'
Provision
:'y-'
Claim—The
reduced
Dr4,922
mos.
792.
21
Nov.
financial
emergency
4,489
for estimated Federal
telegraph
on
Commission
for'orders of $10
cents
The
Personal
■ ■■
cable
&
Deducts, from gross
unwarrantable
an
,.■/-■
the
calculating
well
war
which
prospect
no
If,
/
tel.
Gross
Longview,
at
taken.
now
of
none
announced
The
441,170
ju-i441,306i,;v
_—__T.7w,7. $783,002
approximately
sending
persons
domestic
in
was
1942—Month—1941
exps.
oper,
Non-operating
unpaid
condemnation
debtor
are
of
amendment
in
in
Tax
for
1, 1942,
The claim
date.
the
by
settlement
will
March
properties
$420,000
claim
a
that
awarded
by
the
in
to
after
amount
of
Government's
filed
has
interest
■
6%
of present
7/
.
Federal
Revenue
subsidiaries,
charges__-_^^ jj_^
$1,125,865
,
Casualties
for
and
50
$25.
$25.
Operating income
Saskatchewan, Can., are owned
as
security for its first lien and
debtor
also owns debentures
and
mortgage lien.
There seems to be
securities
can
be sold, except at
any
Co.
Power
it
Commission.
3,898
•
$1,228,797
taking account of estimated post-war credits of approximately
the. requirements, under the 1942 Revenue Act; for Federal
income tax,
surtax, and excess profits taxes, will exceed by
normal
■
7-7/.
revenues
of
are
of
Utah
reduction
1942,
1,
and
$1,121,968
..
cable
Net
bonds
Southern
to
up
than
more
■_
which are 'secured in
part by all of the shares of the common stock of the Oregon company.
general
rate of
flat
a
orders
Period. End. Sept. 30—
Tel.
to.
over
trustee
50%
a
Teleg. & cable oper. rev. $11,711,081
possible that the
the
.
.
Earnings for Month and 9 Months Ended Sept. 30
reorganization.
electric works at Vernonia, Ore., which con¬
practically all of the fixed assets of the Oregon Gas and
Electric Co., may be sold in the not distant future.
If that is done
receive
Communications
be
for
Uncollect,
stitute
passed the
bill before
the
forces.-
possible
prove
may
final
bring
forces
469,300
878,476
•'/2,404
income
After
money
orders at the usual extra word rates for
V""' '' ;
■ v';' ■■
telegraph companies are handling about one-quarter million
telegraph money orders each month to and from members of the
to
liquidate
that balance in
full in
If that can be done the reorganization
plan will probably provide for the continued operation of the debtor's
gas properties by a new or reorganized company all of whose securi¬
ties will be distributed among the ■ holders of first lien and general
mortgage bonds and the general creditors, whose respective interests
therein
will be
adjusted as provided in the plan.
If the balance
cannot so
be paid
it will remain secured by a prior lien on the
gas properties of the
debtor, the net operating earnings of which,
for the 12 months ending Sept, 30, 1942, were $114,191 before depre^
ciation.
As the company is clearly insolvent there is no reasonable
prospect
that
the stockholders,
either preferred or
common,
can
receive anything in the reorganization.
It
will
armed
760,129
$1,226,393
—w—
—.
provisions
$25,000,
telegraph
Taxes
the
to
income
and $76,100,
the
The
:"
■
which
version
■
States
telegrams.
are
■
will
for
these
earnings
net
them
cents
orders
available for the purpose, shall
be used in making a further payment on account of
the principal
and accrued interest then due on the first mortgage bonds.
After
such payment there will probably be a relatively small balance still
the
the
made
■
United
the
Federal
There
scheduled for Dec. 5, 1942.
The
that date.
When it is, the
an
order directing that the
and Longview properties together
now
/;
••
considered
and
65
completed until after
apply to the court for
shall
with
trustee
be
cannot
trustee
of
the
changes from
attempt will be
an
week.
telegraph carriers
which
consideration of such action by the Western Union Telegraph
the Postal Telegraph-Cable Co. in line with the reduction by
telegraph companies on July 23 of cabled mail order rates to the
expeditionary forces.
-
them
those
mortgage
to
over
election
The
sale
first
the
paid
in
636,916
807,111.
..
♦These amounts include for 12
the
requisite funds through a bond issue within a reasonable time.
Since
both
of these
properties are subject to the lien of the mortgage
securing
Net
1941,
gested
Co.
there.
system
the
by
and to a vote
to secure the
to
the
of
water
debtor's
the approval of the court
city and the city's ability
subject
electors
at Morton,
the
sub-committee
order rates effective Dec.
money
Wash., have been taken
over
in. condemnation
by the Lewis County Public Utility District
NO. 1 at an agreed valuation of $72,500.
The Council of the City
of Longview, Wash., and the trustee,
are contracting for
the sale
electric
of
to
money
of transmittal.
letter
required
debtor's
The
that
next
the
.
excess
Money Order Rates Lowered for Armed Services—
:
may
St.,
House
of
429,797
764,782
—
&
417,013 :
415,029
expenses,—
income? taxes__;u_^__^_—_j-_,y;,,
inc.
V
profits taxes -520,100
depreciatioii.,i——.
817,650
for
Net interest-
p.
have not yet applied for
still do so by/writing
N. Y.,
and asking for the
bonds
They
distribution.
the
National
Chase
form
of
holders
few
A
their
said
Senate
the
wrote
and
measure
'•
>
.■
Bulwinkle
Chairman
general
expenses
Other deductions
Nov. 25 unanimously
a bill permitting consolidation-of domestic
international cable and radio carriers.
and
and
for estimated
Gross
Telegraph Co., Inc.—Telegraph Merger
on
_*j£I 437,431'
expenses
than
11,223
33,596
35,737
,
comparison,
Houpse Interstate Commerce Committee
414,079
Dr 1,975
.
profits.
excess
approved
of the principal of those bonds and
thereon to Dec.
10, 1941, and to the costs
accrued
The
•
of 80%
distribution.
of
purposes
2,245,153
418,000
.
—
%
Net
operating revenues—_
Nomoperating revenues
and expense.
discount
2,483,664
*
accounts————,
insurance—
operating
Provision
earnings figures published in
1941 have been appropriately adjusted herein to give effect to income
tax adjustments recorded subsequent to Sept; 30, 1941.—V. 156, p. 1064.
the
the
been credited to unamortized debt
repairs—
doubtful
and
1941
$7,417,649
L—
and
other
♦Prov,
equivalent to additional income taxes which would have been
payable on current earnings if the company had not had the benefit
for tax purposes of deductions for discount, call premium and expense
resulting from the
refinancing of long-term debt in 1939.
Such
of
that
Other
1942
$7,923,922
,
power
for
Administrative
Taxes
amounts
Smyth, trustee, states in part:
of
$670,825
computed in
charges represent
7-
•
revenues
Casualties
been
tThese
formerly director ; of industrial relations Jot; the
Cincinnati.—V.1 156," p.'1336.: ? "'77
* *
was
in
Maintenance
431,766
$901,256
periods have
of
^Including taxes, other than Federal income and
of
Operating
Cornme rcia.1
Balance
wjtoli ^Wa"s/; 'ann6uucie4\'fey? "Jp§e*f*ht ,W.*
Wisconsin Gas & Electric Co.—Earnings—
~
accordance
Industrial Rela¬
\
v
* •.':
'■
as5 director of personnel and indus-'' i
Beutlich'
this
,12 Mos. End. Sept. 30—
.
Provision
amounts have
payment
Beutlich
Purchased
income
Net
Sept. 29, 1941 to Sept. 30, 1942, has been filed with the
S. District Court.
The report, filed by Nathan A.
the
for
President.
Mr.
104
$598,503
_
U.
to
Frazer,
Div. requirements on
The trustee's annual report covering the period from
applied
relatioris
V
$2,026,007
$626,768
income
|3$
Appointment of Harry
trial
3,613,339-
_——-
(net)—
income
Gross
upon
198,685
taxes_
$5,956,157
-
Sale of
petition of Nathan A. Smyth, trustee, for
approval of and authority to carry out a contract to sell to the
City of Longview, Wash., free and clear of all liens, the water dis¬
tribution system
of the debtor located at and in the vicinity of
Longview,, Wash
for the sum of $750,000 in cash, the proceeds to
be held subject to the liens of the debtor's mortgages,
and to sell
to
the city the materials and
supplies there on hand at the cost
thereof to the company, will be held in Room 506, U. S. Courthouse,
Foley Square, New York, N. Y., on Dec. 9.
:
'
hearing
3,767,898
Crosley Corp.
Water System—
A
$6,520,476
964,880
tChgs. in lieu of inc. tax
Other
& Electric Co.—Hearing on
$1,678,637
981,418
Inc.—New
tions Head Appointed^-; %,
\
Net
Washington Gas
Willys-Overland Motors,
$1,805,323
•
taxes—_
St
exp:
Co.—Earnings—
1942—3 Mos.—1941 *1942—12 Mos.—1941
revenues.:—
oper.
fOper.
Monday? -November 30, 1942
p,
.1616.
* ,'*
York Rys.—Interest Payment—
Federal Judge
7
Kirkpatrick at Philadelphia has granted the
company
permission to pay the 1%% interest of $62,112 due June 1, 1942, on
its
5%
first mortgage
30-year • bonds,
subject to approval of'the
Public Service Commission of,Pennsylvania,—V. 155,
p. 2104
;
@FedFRASER