The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
WO'i/ 6
1941
MONDAY
d
ommetciai an
8 J Pat.
Reg. U.
Straus, Inc.-^-Annual
Abraham &
>
annual
^The
PUBLIC UTILITY
-
Report—
;:
the year
reduced, by-the
During
voluntary,
be
either
plus dividends in
,
bank loan
payment of $400,000, leaving a balance of $100,000
yvhich matures in: 1945.
Since the close of the fiscal year, a further'
sinking fund payment of $150,000 was made against the outstanding
3% notes due 1950; after which there remains outstanding $1,800,000
of such-notess- •'
.
*■*
" -■« ■ i—. ■*'>.
-■
In order to provide relief .to jnfeedy employees,
where there .is ho,
other
source- from
which
such
assistance could be expected, the
A & S-Foundation wa3 created,. In addition the Foundation is, enabled
under its, charter to make contributions for. charitable, scientific, and
educational purposes. < •' V
y-.r
' ■ ■ ;
' ■
*
v..,>
»•
,
INDUSTRIAL
-
INSURANCE
-
extent of par value if involuntary,
Each share convertible into two shares
of common stock at any time up-to and including the 10th day pre¬
ceding redemption;
;
';*•
"
Transfer agent. Northern Trust Co.-,;Chicago.
Registrar, Continental
.liquidation
,
; :
Oct.. 25, says in part:
ended July 31, 1944, the outstanding
report,. dated
"
was
to
or
case.
r
-*
shares
30,375
offered
were
Stock—Stock Split-Up
Offering to Holders of Common
The
:
Bank & Trust Co.. Chicago.
National
Illinois
U
5%.
of
holders
to
of
convertible preferred stock
of record Oct. 14, 1944 at
cumulative
stock
common
on" basis of.one share of 5'.% cumulative convertible
preferred stock for -each -four -shares -of common stock held.
The
right of subscription expired at 3 o'clock p. m., CWT, on Oct.. 30. 1944,
the stockholders subscribing for 7,550 shares.
On Oct.
14. 1944;-the board of-directors authorized the issue to
the- holders "of the1 common stock of -one-additional share of common
$20
per
-share
-
•
"...r
-
.
'
Comparative Profit and Loss
,
'
Years Ended July 31—
" !)". ?
V
.
"
Net -sales "finch sales -of ,leased,,departmentsU_.
of
Cost
sold and
goods
Depreciation
Int.
deductions
Other
Prov.
278,276
——
(
\
Cr2,235
(netu^-*.--*.——,
1,770,000
.
:
,
70,33.7
amort, of debt discount.
income /taxes—-
Fed.
for
27,750,97Q
356,034
304,393
86,110
31,531,244
326,562
indebtedness &
on
u
" 1944
.'1943
$34,927,193 ,$31,157,47(5
expenses-.,—
and., repairs——
Maintenance
"/
■
;
This
In
,
Issue
:
.
83,618
1,490,000
.
Stock and Bond Quotations
.•••.
Page
$1,086,351
90,250 V.92,625
$353,003
dividends
Preferred
dividends
Common
Earnings
543,042
—
common
per
Sheet, July
Balance
T'.
3.
less
Instalment,
_
2,502,298
1.311,233
1,279,560
776.020
792,905
~"T—.
—
used
in
charges
Goodwill—at
—;
711,080
_
726,472
1
Federal
accrued
Miscellaneous
Reserves
105,520
under
Preferred'stock
stock
Common
Earned
($100
par)——
160,
Foreign Exchange Rates
Combined Condition Statement of Federal
8,510,715
1521,
p.
Federal
with
'
radio
Securities
the
The
for
will
receive
150,000 shares.
the
general
corporate use.
159, p.
by amendment.—V.
Auction Sales
holders
the
by
:
'
2004
Finished Steel Shipments in
7 MOs.
Aetna
Ball
160, p.
;
returned
Ball
&
Roller
Bearing
.stock
■
1521.
Co.—Preferred
Stock
Offered—Bacon, Whipple & Co. and Rawson Lizars &
1 22,825 shares of 5% cumulative con¬
This
offering constitutes the unsubscribed portion of an offer¬
ing made by the company of 30,375 shares to the holders
of its
preferred stock ($20 par) at $20 per share.
common
Selling,
September____2009
to cumulative dividends at the rate of
•
1941
$2,154,888
:
146,599
90,044
21,334
$5,107,630 $11,085,099
$3,979,814
$2,133,554-
2,719,004
0,8^4,696
2,806,531
1,330,429
255,210
416,146
304,636
257,298
$4,774,257
,647
59,820
admin.
&
gen.
expenses
2009
3,
share
1944.
which
held,
split-up
was
to
be
effected
cn
basis
of
the
Net
or
to the holders of common stock of
offering to the holders of common
stock, after giving effect to the stock split-up, amounted to one share
of 5% cumulative .convertible preferred stock for each eight shares of
common stock then to be outstanding.
■
> * » • ' '
;
the
Thus
profit
inc.
Cr22
Cr942
70
$536,825
2,557
$2,133,389
$4,775,199
$868,576
$534,268
$2,133,366
from oper.
deducts.___.
Prov.
income
Purpose—Net
tax
and
Prov.
present-
will
be
general
added
between $556,625 and $541,437)
cash funds of the company to be available for
proceeds
to
corporate
the
(estimated
purposes.
.
.
.
,
for
Prov.
-
Fed.
for
war
price
excess
5
30,375
*500,000
be initially reserved
cumulative convertible preferred stock.
^Including
the
(shares)-.
60,750
shares
to
contract
& Fed.
1,980,000
refund
4,510,000
Cr58,000
CrllO.OOO
50,000
150,000
$211,389
$325,199
$114,510
85,059
incomc_^___
profits
152,000
170,100
157,950
of Fed.
taxes—
Cr56,229
for
inventory
price decline & post-.
Reserve
war
Authorized Outstand'g
pfd. stock ($20 par)
Common stock ($1 par) (shares)
conv.
on-
118,000
562,295
excess
,
adjusts.
Post-war
Capitalization (Giving Effect to Tresent Financing)
.
cum.
98,000
surtax
profits tax
1
5%,
normal
for. Fed.
*
taxes
v''
stock is entitled
*1942
$4,069,859
1943
'
Net;, sales ___________
tCost of goods sold-_-_
record'Oct. 14,
There will then be outstanding £43,000 shares of common stock.
Nov.
stock.
5%
per
annum,
payable quarterly March, June, September and Decern:
ber 15.
Voting.
Redeemable as a whole or in part by lot at any
time on 30 clays' notice at $21 per share, plus dividends.
Preferred
over-common
stock in liquidation to extent of redemption price,
if
Preferred
each
for
about
Co. offered Nov.
vertible
—Years Ended Dec. 31—
sales and
discounts
Net
1944.,.
Aetna
End.
$5,167,451 $11,231,699
Name
Co.
:
& Roller Bearing' Co.—V.
Statement of Income
July 31. '44
Less
45%
10%
—_
Corp
Gross sales
'
See
45%
Co..
1983
2010
September War Costs
,
Changed—
stock;
common
Comparative
Indexes____2010
Engineering Construction in Sept——2010
Cotton Ginned Prior to Oct. 1.
price will be supplied
Manufacturing
&
Higbie
M.
.
the
& Co
Lizars
Rawscn
"Carlton
Miscell.
Bearing
Ball
Aetna
of
Whipple
Bacon,
Federal Reserve Sept. Business
net cash proceeds of $999,750 from the
This sum will be added to working capital
The public offering
441,
2004
_1983
2005
Stock and Bond Averages.
Civil
company
cumulative
Curb Exchange__^_1983
New York
Tranactions
and
stockholders.
sale of
System
Reserve
purchase from the company, at $20 per share, in the per¬
set opposite their respective names, all shares of the 5%
convertible preferred stock which are not subscribed for
to
centages
of Member Banks of
^
Transactions New York Stock Exchange
manufacturers, filed a registration
Exchange Commission Oct; 31 cov¬
ering 216,000 shares ($1 part capital stock.
Of these, 155,000 will be
Issued and sold by the company to the public through an underwriting
group headed by Dempsey
& Co.
The remaining 66,000 shares are
issued and outstanding and will be sold for the account of the selling
Chicago
corporation,
Underwriting Arrangements—Company has entered into an agree¬
'with the underwriters whereby-such underwriters have severally
agreed
2004
—
Statement
Condition
Corp.—Registers 216,000 Shares—
Admiral
The
statement
Banks
Reserve
and
ment
Course of Bank Clearings.___________.2000
The
war
machinery
-
$15,729,244 $15,661,384
....
emergency, but the lease agreement contains certain
of, the company as to the plant and the
equipment located therein.
Company does not intend
purchase this.plant, but may elect to negotiate for the purchase
certain of the machinery located therein.
the
of
•options of purchase in favor
to
1,405,325
plant for the production of propeller bearings for heavy
Plant Corporation at the
a
The lease is terminable by Defense
bombers.
of
1,900,000
In 1940
Corporation
the company
Investment News.1961
Sales—.2011
Redemption Calls & Sinking Fund Notices.2001
Dividends Declared and Payable.*..
2001
1,950,000
concen¬
the company negotiated a lease agreement with Defense
whereunder there was constructed and leased to
During 1941
Plant
State and City Bond Offerings and
1,405,325
8,302,331
par).
(155,155 shares, no
company
,
General Corporation and
475,231
during 1940,
to war-time production, began to
bearings for military equipment.
several defense orders, and during
vital
industry,
the manufacture of
on
received
1941 its
production facilities were largely diverted from civilian needs to the
production of bearings for essential military and commercial require¬
ments.
The facilities of the company have continued to be employed
almost
entirely for the production of war materials, although the
voluifle of military production required of the company has declined
in recent months and is expected to continue to decline as
the end
,of the war approaches.
However, it is unlikely that the company can
return to full civilian production prior to the termination of hostilities.
the
125,084
1,950,000
..."
their requirements from other
"inauguration of the national defense program
wv
bearing
trate
110,340
.
1,900,000
lj,T950_i__
surplus
Total
-
.
shop
have
referred to and obtain portions ol
Witii
the
Miscellaneous Features
189,564
that year. These
company's bearing
of the gross sales for
rights with respect to the
accounted for about 56%
manufacturers.
1999
...
to
customers
above
end
84,496
131,754-'..
poss.
15-yqar 3% ..notes, due pet.
-
129,103
addl. assess, of taxes.;.....;.
for
past service retirement benefits
retirement plan
,
—
for
Reserves
Markets
Co.
1.940
...1996
1998
_1998
1996
Exchange.
incorporated in Illinois July 11,
Manufacture
was
changed from. Aetna Ball Bearing.
Corporate name,
Aetna Ball & Roller Bearing Co. on Oct. 18, 1944.
For
approximately 27 years the company has been engaged in the manu¬
facture and sale of ball bearings under the trade name ''Aetna Ball
Bearings,"
In the years preceding the current war the company's
principal products were clutch release bearings for the automobile,
.truck and tractor industries.
Company also manufactures bearings for
aircraft, oil field equipment, overhead conveying systems, freight catdoors. washing machines and other industrial appliances.
Featured
among the company's commercial products is a patented self-lubricat¬
ing clutch release bearing introduced by the company in 1934 and used
by a number of the principal automobile, tractor and truck manu¬
facturers.
The patent covering this bearing expires in 1951.
The
industry in which the company operates is highly competitive, with
price and quality of products being the primary factors affecting
sales.
There are numerous other manufacturers of products similar
to those of the company and the company is not the sole source of
ing
Exchange—Curb Section—„1997
Over-the-Counter
119,970
311,081 V-
.creditors
Sundry
History and Business—Company
1916.
162,927 '
53,300
liabilities...
Toronto Stock,
602,963
•
119,112..
/:
income (net
on
taxes—..—,
Other
-V,
.746,421
...
taxes
Stock
Toronto
$500,000
$100,000
payable to bank,- VU--———————
payable—trade
Salaries and wages_..^^..__j:_.„t..——
Accounts
authorized-capital stock of the company to 30,375 shares of 5'.t
convertible preferred stock and 500,000 shares of common
(b) the proposed issuance and sale of 30,375 shares of 5'/t
cumulative convertible' preferred stock, and
(c) the distribution of
the 100% split-up of the common stock of the company to holders of
common stock of record at the close of business, on Oct. 14, 1944.
<
cumulative
two
_1995
—1996
1996
Montreal Curb Exchange..
Liabilities—
Note
to give
change
the
1994
Exchange
Stock
Montreal
(a)
supply'of any of its principal customers.
While the company had a
large number of active accounts cn its books during the years pre¬
ceding the war (approximately 425 during 1940), sales to two principal
customers represented a substantial proportion ot gross sales, and in
J.-__1994
■
1994
———1995
_
Pittsburgh Stock Exchange.
St. Louis Stock Exchange
...$15,729,244 $15,661,384
Total
_
Exchange.
Philadelphia Stock Exchange
404^790
1
depos.
_
Exchange
Los Angeles Stock
244,479
430,867
and
amount—..—....
nominal
Stock Exchange. ;
to
stock;
1993
Exchange
Detroit Stock Exchange..-..
152,983
556,424
operations
Exchane____
Stock
Cleveland Stock
4,243,985
4,014,984
,
not
Miscellaneous investments,, advances
Exchange.-
Chicago Stock Exchange——.—I
3,430,238
'
211,517
___——
assets
estate
Curb
Stock
York
Boston
$1,783,673
3,663.625
,
New
above
The
1984
1988
1993
"
Cincinnati
reserves.
reserves...
debtors
Deferred
1943
$1,853,277
inventories
Merchandise
Real
less
New
$6.40
2,200,156
hand!———'
on
at cost—
receivable;
accounts
retail,
Regular
Fixed
deposit and
(Stocks)__
York Stock Exchange (Bonds) __v
Baltimore
securities,
Govt,
Customers'
Sundry
.
1944
demand
on
,
81
Assets—-
Cash
543,042
,
$5.56
.share..,—:
capitalization as at July 31, 1944, is adjusted
amendment of the articles of incorporation to
MISCELLANEOUS
-
effect
New York Stock Exchange
.
.
Copy
Corporation and Investment News
General
RAILROAD
60 Cents a
Price
N. Y., Monday, November 6, 1944
New York,
* Number 4331
Volume 160
Office
30,375
243,000
for conversion
Net
readjustments—"
income
Dividends
of
*
After
;
giving effect to the renegotiation of war contracts,
$264,268
212,625
tlnclud-
*t!
Banks, Corporations and Individuals have found
an effective market place for large or small
\
us
BLOCKS of SECURITIES
which
are
not
readily marketable.
inquiries
Invited
HILL, THOMPSON & CO., INC.
120
Wiillil
i
I
Broadway, New York 5, N. Y.
inraiiiiiiiiiiiiin:iioiiiiiiiniHi(iiiiti:iiiin;;iii;iiii.mi:iiii.-iiii.iiii:;i:i;iiii;:iii;fiff»i;iJ]ii:iniii»i3miiiiniiiiiiiiiffiiHfflmiiiiQnBiDraniULl
repairs,
Comparative Balance
-V-
and on hand™—,™_—,
banks
in
Cash
303.022
assets
O.ther
1,354,999
18,347
costk.
15,747
427,725
256,905
189,624
9 Mos. End.
payable; trade
payable; sundty™:.™™^.™.-.*™^.™;™-.Smplovees' war savings bond collections....
Accrued salaries and wages
,™™™™—
Provision for additional compensation™--™^..
Accrued
local
-
3,339
surplus
18,750
121.500
in
1946,
'Net
oper.
paid
1942
1941
'$317,204
Net
154,028
109,058
ry.
oper.
160,
p.
50,824
44,772
83,775
58,923,
3,312,358
1,398-,520
7694209
2,506,7,00
2,319,004
809;296
945,372
44.1,294
596,525.
'
taxes
earnings after taxes—™-™
net
T$3.53
share,™™
per
profit
General and
1943.
1'2,745
.-'Depletion
(Addition
9,746
taxes
"248,000
to earned surplus.,™share—;™™„-™.™_™™,
$l'57..803.
$0,25
—
X—.
Earned
common.-
per
includes
"1944
of
income-and excess profits
profit transferred
Net
*
Fed.
for
,Prov,
p.
1073,
'
.■
.
each
5.941.—V.
■
■
made
were
160,
p.
on
Oct.
1.
1943,
14,
'
on
j
:
18,
•
Inc
and
share:
'
the
'.'.'1
•'
C'v.
'
■*-
it:
-
—v.
A similar distribution was made on : March 31, June 39
In 1943, the following payments were-, madie;
each; and! Dec. 28v 10 cents,
•„
«.'j
.
-
plan
to
..."
;
■
"Net
,
(Earns, per
providing
"After
;;
income
In 1944 three months'
taxes.
$0.18
.
1944.
-
J; .-*,.-■'i
Sept. 30,
excess
American Telephone & Telegraph.
"t.
"
31—
,
'
ser.
„
-
'
-
'
'
74,000
8,038,320
6,877,212
-63,37.0,118
,5,962,574
4,542,301
47,820,764
operating, income
Net
2,075,746
2,334,911
358,678
573,793*
15,555,354
81,762,596
Net
income
—V.
160,
,
Antilla Sugar Estates—Tenders
t
James
inc
Feci,
profits
&
share™-
'''Earnings per
"On* 432,825.
Notes—(1)
months
and
85,276,069
shares
.
$7-00,874
$1.62
$807,563
$1.87
Accruals for Federal income taxes during the
totaled $3,269,035.
For' the corresponding
first nine
period of
accruals
during the current year.
but the
160, p. 722.
quarter,
V.
0,8%
27,
A similar reduction will occur in the
charges will not be
fourth
1944,
127,822,527 kwh.. an increase of
week in 1943,—V/'l-60r p.
All
4%
American European.
at
gold
the
and
110
bonds have been
office of .the
interest,
company,
of
,
its
Securities Co.—May Buy Stock—
preferred stock, which may be
available from time to time
purchase in the open market.
-
According to avail¬
2010™
0
0
4 Va
1,
Conv,
' 0
%
the Plan
1,
to
purchase,..subject to- the approval of the Interstate, Commaking ,qf, the other adjustments , proposed
Commission, and,,theplan,
*
In the $7-1.073:276 )
of such, notes, originally bearing interest at vhe
rate of 4%. and the balance, $68,113,276, originally bearing interest,
'at the rate of 5%. wetc extended to-'Nov.'8. 1944, pursuant to the
company's- 1938 plan. With interest at: the rate of 4%
during such
extension], and (b-t 60'%.''of the interest on the refunding and general
bonds of the-bbhipany
cumulative;- •
Payment, of all
fully
b(? mfdde contingent upon
earning:;
*
unsecured- interest be made contingent-upon
earnings but fully cumulative;
,.
(5) Part of each year's, earnings, after providing for fixed- charges,
be used as a capitai fund/and
'
*'
(6) A
sinking fund be created
for the purpose of retiring in¬
(4.)
,
debtedness."
Extensions,
Baltimore
from
Net
from
Net
ry.
-Earnings—
1941
184,048
$422,261?
117,248
33,561
78,891
34,813
5,457,079
4,259,343
1,304,618
1,801,839
1,103,915
3,454,440
,
760,377
298,083
579,388
315,822
192,850
1943
1944
$596,121
102,450
railway™™
railway___™_
'
$528,386
128,943
-
From
Grcss
Net
from,
Net ry.
—V.
Jan,
from
.
*
railway
p.
income
1522.
^
26,662
,
railway™™
oper.
160,
income.™
1—
"
'
*
-
,
"
"
■
oper.*
:
L942
$562,656
5,874,548
September—
Gross
the open
us.the company may
'
1.
3'%
3%
&
Interest Modifications
Ohio
RR.
and Issue of New Bonds
Secured Notes—The secured
notes, in prin¬
amount, of $13,490,000, which matured Aug. 1, 1944, and the
company's notes in principal amount of. $71,073,276, maturing Nov. 8,
1944
are all held by RFC.
Those notes will be refunded by the sale
of .an issue of collateral trust bonds of the company which RFC ha->
agreed to purchase at par and'accrued interest, subject to
the ICC
and the making of the other ajustmenis, proposed in the plan.
The plan will be implemented with respect to the Aug. 1 and -Nov. 3
notes bv the execution fo£ an indenture in which, to consummate-vhe
plan with respect thereto^ provision will be made for the iiss,ue.
collateral trust bends, which will be secured by a fust- lien upon all
the collateral securing the Aug. 1 and Nov. 8 notes- as of the date m
consummation of the plan with respect to those notes; such collateral
cipal
Yoilngs,
owri
will be made
presentation and. sui>
1; 1945,
at
4^8.' Feb.'
2%
The plan contemplates that the principal amounts of and. security
obligation^ of the company:will, remain unchanged,- It
proposes^ however, in substance, that:
.,
(1) The notes held by RFC be refunded;
*(2.) The maturity, of the company's - first mortgage: Southwestern
Division;
Pittsburgh Lake Erie & West Virginia;-, Toledo-Cincinnati
•Division, and. convertible bonds be extended; ',;
•- - ,
l, 1
(3') All secured interest remain fixed at the rates originally stated
in the* company's bonds and notes except that' (a) the new collateral
-trust bonds bear Interest at the rate1 of 4%
($13,490,000 of the notes*
held bv RFC,, originally bearing interest at the. rate of 4V2% , were
extended to Aug. 1, 1944, pursuant to the company's, 1938 plan, with
Interest at' the rate of 4% during such- extension; $2,955,000- (included
■
recurring in subsequent year.—
market at a- price of not more than $100 a share.
Under Rule N-23 C-l of the Investment Company Act of 1940, no
more
than the "market value" can. be paid for such preferred stock
in
the
but
Bonds—
Short Line first mortgage
called for redemption1* on Jan. T,
I20t Broadway, New York, N, Y.,
110 and interest to Jan.
on
Dec.
1, 1944, or any day ..thereafter upon
render of said bonds.—V, 160, p, 1859.
in full
Payment
President, in a letter to the holders of the preferred
'.,tock on Oct: 25, stated;
.....
It is -the intention; of this company to purchase for;retirement shares
M.
966,373 kwh.,
1859,
'* -
Transcontinental
outstanding
the
of
50-yeaT
next.: at
1996%
desires
and
"mortgage
Atlanta Birmingham & Coast RK.
R.
Output—
Corp.-report "for the
that net electric, output of the Associated
the corresponding
over
y
Associated Gas & Electric
Atchison, Topckn & Santa Fc Ry.—Calls
outstanding.
of 1944
the
the
of
Oct.
ended.
week
$2,384,513
$5.51
totaled $2,683,715.
(2) Earnings in the two 1944 periods reported above , were reduced
$82,044, or 19* cents per share, by the- revised New York Staie- franchise
fax law requiring: the absorption of 34 months' franchise tax expense
5943
trhstees
1,
for all existing
.
■
,
Assopiated Gas- & Ele«trie Co.—Weekly
or
$2,242,648
$5.18
■
1, 2000™
M,^ Mar.
I,
by RFC,
in
consolidated. net eaa-nings of the com¬
interest,"*—V. 158, p. 2462.
lated
K. Mar.
ser.
1,
company,
-merce
sufficient to
'.
ser.
1,
company
Aug.
agreed
**
New York,
,,
1,; ,1995™
paid on presentation: J 0m Nov. 8, 1944S, other notes of
in the present principal amount of $71,973;27.6, also
will mature and cannot be met.* RFC has, agreed, hawever. that it will assent to a plan providing for the refunding of the
Aug. 1 and Nov, 8 notes through the sale by the, company of an issue
of
collateral trust bonds maturing Jan.
1, .1965, which RFC has,
Vice-President, on Nov.!T, further announced
the basis of unaudited figures which, are sub¬
Gas & Electric group was
excess
tax
*.
J, Dec,.
,G, Dec.
1;
™™™™™_
the-
available for interest on the above debentures on. Jan. 1, 1945,
be sufficient to. make a payment of 22 %
on account of accumu¬
will
Feb.
held
.
pany
The
1943
Amour,.
expected, 011
is
"it
that
St.
A.
ject to-correction-, that the 1944
Co.—Earnings—
1944—9 Mos
1, 1941, to an* amount
plan of: reorganiKationv of Dec.
exhaust the sum of $16,000.
ser.
;
2 '«■
ment, but wilt be
19,441,530
for the sale to it of 20-year
the-
199,%,
ser.
4%.
-
is' unable to meet its debts matured and about to
to carry out this plan of adjustment.;
;' ,
1944, a. note .issue* in original principal amount'of $50,000,000 matured. $1'3;490,000* of those notes, held by-Reconstruction
Finance Corporation,,have not been paid.
(A relatively- small amodnt
■of these notes, held by the. public, have not yet been, presented, tor pay*-
Y.,. will until the-close-of- business on Nov*. 15, ,* 1944, receive bids
6% income debentures not deposited undter
N.
-
Ref.
The
43,054,612
Sought—Interest—
of New York, 20 Exchange Place,
National City Bank
The
:!/%''
1980
-
1996
On
1857.
p.
4 %'
1,
"
Necessity feu- and Outline of
62,496,142
revs.-™™
oper.
Nov.' 1,'75
D,. July
Ref,
1960
16,572,15$ 152,788,357 138,460,314
9,694,946 89,4*12,239- 75,964;172
taxes '™—™
Net
Operating
ser..
>
20CQ.
mature
Operating revenues™ * 18;977;301 : •
Operating expenses _™
10,938,981
Div.
Ref.
C, Dec.
4'/2S,
1%
Vk\
Vk'U
'75
Ref.
ser.
Conv.
153,464,357 139;129,314
66,500676,000
669,000
*
'
1995.—
16,638.658
19,051,301'
revenues
Uncollectible oper. rev.
•
,
1995
.
)
.
.
4%
Divr-ser- A, July,I,
T.-C.
A, Dec.. 1,
Ret. ser. D, Mar,
1944—8 Mos.—1943 :
1944—Month—1943
Operating
;
4%,
PLE&WVa. ser. A,
1959—_
_
Ref.
,
.
Co.—Earnings—
July 1, '70
'
it,
,
Be
"
'
B, July 1, '70
A-,
ser.
ReL, ser; F, Mar,
Period End. Aug.
the Plan*—New Bonds to
Therefor
in Exchange
.
'—Int. on New Bonds—
Issued in Exchange
Secur. Secur. Urtsecur.:
New Bends to be
Fixed Contin. Contin.
1st mtge, ser,
1951-
1,
Div.
July. 1,
1-
':0
1944.—V. 160, p. 722.
for
,■
1st mtge.'ser. A-,
"
-
provides for estimated total' Federal, income, and
profits taxes at the composite rate of 63'%* for 1943s and 60%/
.
with respect,
in exchange:
Va.
W.
&
E.
1
S. -W.
Nov.
C.
Ref.
Note—This .report
;
r
5s.
1950
L.
4a,
T.
.
period includes reduction in tax
to* the first six months o£
amounting to $12,008 applicable
(On shares outstanding at close of
estimate
■
.
J
_™™_™
mtge.
*
1.-
P.
$0,34," ;
$0,45
for "depreciation, interest and'estimated Federal,
share
com.
S.
$172,651
$123,-49.9
.
,
Issued
July
1. 1948 ™™™U
W. Div. 5s,- July
•
$.7X002';'
1948
1.
1st
.
.
$39,301
$0.11
profit
1
20. 1944.
Outstanding Bonds Affected, by
"1
: Presently Out- 1 :
standing Bond's
1st
mtge
4s, July
Corp^—Earnings— ;
'
* *
1944—3 Mos.—1943
' 1944—9 Mos—1943-
v.! Period End. Sept. 30—
'
may
>
-
American Writing Paper
i
.;*.'''v:.
r:
the
by.
.•
,
.
Electric Co., Inc.-—Output—:
;
1859..;.
11
held.
presently
assented
Presently
output of the electric
p,
dealers
be finally approved and confirmed it ;nusb
creditors-'holding three-fourths of the affected
claims, including three-fifths of the claims of each class. - (Solicitation
of assents to the- plan/will be made after the Interstate Commerce
commission has acted on the application which the company will file
shortly.
'
•*-.
'.'■■■*'■ ,
usual, quarterly, dividend,
160.
40,700 shares of com¬
The of¬
secondry distribution.
offered
dated Sept.
the
Before
properties of this company ,for the week
ended Oct.- 28,
1944, totaled 85,789,000 kwh., an increase, at 2.76%
over the output-of 83,483,000 kwh. for the corresponding week of 194-3",
.
Co.—Secondary Offering—Smith,
;
RR.—Adjustment Plan—A debt ad¬
'■
was
"
-
Profit after deprec.
12,848,823
exten-siqns and modiiications proposed by the- plan
bonds will be effected by the issue8 of new bonds
those
for
:be
of $1.75 per share on the preferred
stock, par $100, was also declared, payable Dec, 1 to holders of record
Nov.
2i.—v.
160, p. 618.
.'
,■
vv;. '' ;:''f
Inc.-—Tkiee Investing Com¬
.
'
plan
plan,
new
to- the
Oct. 26 declared a dividend; of 10 cents per share
no par value, payable Dec. 28* to *holders of rec-
on
American Water Works &
1944—3 Mos.—1943
10,494,730
.
•
American CMcle
551,715
outstanding .indebtedness of the
by oyer $100,900:000,
dividends have been
reduced
by more than $5,500,000.
Meanwhile, all interest charges. payment of part of which was deferred for a time, have been paid- in
accordance with
the interest payment provisions of that plan,
'm
spite, however; of these accomplishments, made possible by the 1938
plan,
the company's 1944 maturities; Gn
the principal amount of
$84,563,276, cannot be met except in connection with and as part of
$3,446,035. $3,204,233
" ■
$0.3-2
$0.29
$3,274,47.1
$0.30
I™
Wilcox
&
that
Since
30,-this year.
Sept.
i The
aggregate, assets, of- $32,000,000
nropo-re to. merge under the name of American, Business- Shares, .-Inc.',
According to an announcement made Oct. 26 by Andrew J. Lord,
■President of Lord,. Abbetfe & Co., Inc.,. New York,.
The three invest.-.
:ment companies are: American Business Shares, Inc.,
with assets of
35,000,000; The: Maryland! Fund, Inc., with $6,000,000 and Quarterly
Income Shares* Inc.,
with $21,000,000.
The combined, fund will be
hinder the sponsorship cf Lord, Abbott- & Cm,
Inc., and will employ
the supervisory facilities .of Research, and Management Council, Inc.
<
Mr. Lord announced that Harold P. Fabian, President and; director
of The- Maryland Fund and Quarterly Income Shares,, would: become
'Chairman- of the hoard of the * combined, company.
In addition to
Mr, Fabian and Mr. Lord,, directors will include Lawrence ChamberJain,
author
of "The
Principles of Bond Investment";
Caa:l W.
Knobioch,
investment
counsellor, Stamford*,. Conn,, and Harry V.
Moser, President of. Harry V. Moser, Inc., estate- management.
- '
The merged company will operate as* a "regala-ted* investment com•pany" under the- Federal tax laws, Mr. Lord stated.
It will be a
fully'1 open-end
company,
witlr its shares- available for purchase
through investment dealers and redeemable at. full asset value upon
tender to the company itself.
Shares will be fully transferable. '
Because of
the proposed
merger, American. Business Shares. Inc., ■
suspended offering of its Shares on Oct, 23; to resume after Dec. 5,
hut the right to tender shares- for full asset value continues without
interruption.
Shares of. The Maryland
Fund, Inc., and Quarterly
Income Shares.
Inc.,
are.' ftot offered for subscription by investors,
.and until, the merger continue to-be tendcrable to the respective com¬
panies for redemption at 80% of asset value.
The merger will have
the effect of increasing the redemption- value from .80'%
to 100%* of
asset value.
" '
" •
Under
the terms
of the merger 100 shares of Quarterly Income
Shares, Inc., will be- exchanged for 237 shares of American Business
♦Shares,' Inc., and 100 shares of The Maryland Fund*, Inc., for. 164
abates of American Business Shares, Inc., with
minor 'cash!. adjust-'
xnents.
These ratios correspond to the respective actual asset value
at close of business Oct. 23v 1.944, adjusted for .dividends payable by
the
respective
funds prior
to the proposed merger date.
Special
dividends/payable Dec. 1, have been declared by each of the three
companies, in order to bring distribution accounts into comparable
positions as of the merger date.
V
- The- merger will be submitted to stockholders of each of the com¬
panies at special meetings to be held Dec. 5.
The. merger will, increase the total value of investment funds sponsored
by Lord,
Abbett & Co., Inc., to more than. $60,000,000, including
Affiliated
Fund,
Inc.,
with
more
tlmn $25,090,000,
and Union
Trusteed Funds, Inc., with more than $5*000,000.—V. 160, p. 618;
Period End. Sept. 30—
4,028,391
554,372
1859,
p.
-
.
3,524,690
.
effect.
into
i942, and on Jan. 23,
panies to Merge—
Three
investing: companies-' with
203,452
company and its subsidiaries has been reduced
and annual. charges for interest and" guaranteed
the common stock,
Power
,
"
™_
March 31 and. June .30,. L5 cents,
'
American- Business* Shares,
Corp*.—Earns,
' (
•'
The directors
on
Cash distributions of 25 cents
Dec,
'
.The
on
;Nov..'IT to holders of record Nov. 4'.
16,877,214
127,052
.
justment plan, dated Sept. 20-,'1944, has been' submitted
to bondholders.
R. B. White, President, in a letter accompanying. the plan states: ; ; ' ,; *■
'VApproximately six years ago, in order to avoid bankruptcy and the
consequences thereof* tcr if3
creditors, 'the company offered a* plan
extending certain, maturities and deferring and making part of the
company's interest charges contingent upon earnings,
Creditors hold¬
ing the ■ requisite percentage of each class of affected claims assented
to the "plan, and it was approved and confirmed by the court and pue
the
;■ Dividend—.
Oct. 27 declared a cash dividend' of 25 cents per
"-hare on the no par value-common stock, payable Nov. 17 to holders of
record. Nov, 4, and a 10% stock dividend on the same' issue, payable;
directors
The
& exc.
common
;ord Nov. 24.
,
14,019,420
['if.
Baltimore & Ohio*
(
the United States)
determined.-
Co.—10% Stock. Dividend—
Amertem Box Board
'
1 §$3.56
.
™.
per
'! Note—During
post-war credit
profitstaxes? of $200,000* less,
excess
160,
$20,000 —V.
•
current period dividends received • from foreign
subsidiaries amounted, to- $303,407 ($493,627 in. 1.943 and $484,188 in.
1942),
No part of these dividends is included in'the foregoing state¬
ment, but the amount thereof is held in a reserve until operating
results
of
such
subsidiaries
for the full. year, shall
have; been
$172,571
$0.27
reserve:._„:,
'
profit
Earnings
160,000
9,806
—
insurance
to
168,486
Net,
.
146,649
17,776
9,972
of
of mines
Depreciation
Federal-taxes-*
for Fed; inc.
prov,
$702,806
183,093
13,911
receivables—.Cplants.——-.—-uC—. "
40,250,00a
755,167
.
fering was priced at $27V2, with a concession to
of 65 cents a. share.—V. 160, p. 1627.
'
1944'"'
1943
-1942
$13,614,471 $10,33.6,035" $-7,769,233
prof, tax
10,340,0.00
6,890,000 V 4,565,000
Sept. 30—'
9 Mos. End.
.
$805,304
197,552.
operations^._C—l----.--r;r—
administrative expenses.u_.xC-~—
from
.Provision for loss* on. doubtful
5-7,127,214
34,750,000.
stock (no par) as a
mon
but before
interest, and other charges,
Standard Sanitary
American Radiator &
•Frofit before
Ended. Sept*. 30,
1944,
■Cross
16(1;
48,769,420
3,250,000,
Barney & Co. "on Oct. 31 offered
1944 -/v , - 194.3
$9,854,812 $10,171,034
3,426,474
3,262,111
:
,
,
(Del.)-—Earnings
Statement for Tluee Months
(.net)
oper.
4,755,167.
.4,000,000
3.931,424
facil-
joint
Babcoek
Subs.)—Earnings
(&
Products Corp.
deducting depreciation-,
"After
-
Agricnlttirat Cxieiiiicai Co*.
and
Net ry,
—V.
.59,339,126
681,424
27,595
•
116,466,340
68,637,838
taxes
.
^
11,594,670-r* 11,375,814
7,663,246
6,620,647
income
rent
ties
in- 1944, $1,173 to 1943, $4,205
(Deficit.—V. 159; p. 2625*;
' - *-■
194.1..
(Including Subsidiaries: in
,
19,508
*
-
™__
11-7,40-7,258
oper, - revsv__™i._
Equip,
$11,255
$50,304
'
clividlends received of $489
'
Am^rrcair
revenues™'^!..
required for
Amt.
4,450
543,806
1,219,010
income—
1521.
Consolidated Income
Net'*
$15,706"
.1
$
Operating expenses
11,209
;:v
25,487
53,525
.
158 159
1944—9 .Mos.—1943
1944^—Month—1943
*.-
of
Federal
:
47,155
- ...
-
provision for income and excess profits- taxes.
(After . deduction
provisions" for foreign income 'and profits taxes, -and, for ,
income, surtax and excess profits taxes estimated in accordance with
the
higher rates -provided by the- Revenue Act of 1943.
lOn the
average number of shares (971,918-t issued- and outstanding.§Gn the
average ,number
of shares (916,599) issued and outstanding during
the period.—V. 160, p.
1178.
.
.
90,939
3,5*13,512
railway...
from
Net
V.
railway.,
v
r
$75,791
$98,662
Sept. 301—
"Consolidated net earnings before
$269,150
113,258
1—
from
Gross
~,™r
1,790,339
500,257
~
Period End; Sept. 30—
'$4,496
77,704
,.
;
6,589
$141,991
American Home
'
194.3
income™.
Jan.
ry.
From
•104,801
8,4*50
,
.
.
300,748
.
•
Atlantic Coast Line RR,—Earnings—
$105,252
9- Months Ended
' of
$369,811
—™™
.
tax_'
and $2,065 in
1942;
$4,430,198
1944
from, railway
•*>"
$150,442
.
acct,.
"Includes
121,500
$388,798
from railway—.:
j ($1,9-13
159,083
,
78,317
31,919
750,161
Ry.—Earnings-
& Yowngstown
Akron Canton
r
surplus
tConsolidated
September—
$451
profit carried to
Dividends
200,000
C,
series
441,027
Operating
™™™"_
earn,
*'3,010,842
..
370,818
Operating
Net
876.501
$4,522,719
/;
Earnings
Net
cost)
2,796;348
1,122,721
railway
ry. oper..income.™
160, p,' 1-522:
'
"
V.
' (based
for: Fed.' inc-,
Prov.
$1,500,000.
.Cross
($8,641
,
3,932,305
1,764,405
,
*
railway™™
from
$377,856
173,485
.,
22,225
-
18,256
200,000
notes/
tax
Treasury
S.
U,
deducting
"After
;
_™_
4,284,245
1,623,198
% V
1941
$227,201
74,653
•
from
$26t>722
23,417-
™„
19.41
..-
$21,503!
"
18,750
8,573,,
™„
expenses
average
Total
26.613
=■3,041,913
1942-:
v.
„
25,435
33.359
20,765
—™~™v~»----——™
Total
,
on
25.937
*
capital stock tax.™™™™
"Provision
for Federal contribution; .insurance".
Provision for war contract price adjustments
'and Federal taxes on income™™™-*™™™.:
Reserve for inventory price decline and post¬
war
readjustments
.™™_™:™_../™_
Capital stock (par $1 )—™™™_™a™™-™™-''
Earned
expenses"
securities
of
8.817
29;400'
for Federal'
Provision
$25,886-
24; 183
Fi-of. realized from sales
3,5(52
..
taxes
1943
35,099
-
Net
of incomemver
oper.
$211,960
$189,344
1,357'
11,276
Accounts,
1944
__„™„™
34,403
income>™_
oper:
Net
$4,430,190
Excess
Accounts
ry.
'
1942
1943
$419,042
157,225
Frhm Jan. I
Corp.—Earnings-—
$15,542
Sept. 30—
"Total income
Operating
Liabilities—
from
Net
Gross
394,153.
$4,522,719
•
Net
.■
.
.
American Foreign Investing
—
„™T—_™.—.™™.
1625,
p.
Gross
538,456
1,283,881
(net)™_:—.™.——
,™™ru™_'™~-..a™-,-Cash surrender value of life insurance..——:
Property., .plant, and equipment (net).™™™-™-.
at
Inventories
160,
As
$2,1(66^4)11
trade
receivable,
Accounts
pany
—V,
31, '43
$1,903,649
July 31,.'43* Dec.
Assets—
RR.—Earnings—
1944
$479,310
railway172,954
September—i
'<
.front railway™™
quoted 94 bid, none offered.
Sheet
1
Atlanta & West. Pnint
It is currently
\
as. Sept. 30,
1944, the market value of the net assets of ths 1 com¬
was* $10,619,765, equal' bo $216.99 per share1, of preferred stock.
July- of
late
Monday, November 6, 1944
-
the stock since
information there have been no transactions, in
this year when it sold at $95 a share.
able
and
indirect labor, maintenance
manufacturing expenses.
material and supplies, direct and
depreciation, taxes and other
tag
CHRONICLE
& FINANCIAL
THE COMMERCIAL
1962
1
•
approval of
of
.
to be deposited
'
■
bonds, shall not exceed $27,600,000 aggregate principal amount, and
(2) To -refund any series of T.-C. bonds at the time outstanding
with the trustee under said indenture in such form and
of further
assurance as
may be deemed
.-
instruments
such,
with
-
rate, of
the
at
issued
tin
bonds are held by the trustees
$3,409,150
and
are
in
the company's
series A
and
1/, 2000.
principal
$22,041,600
1%:
March
due
will'; remain'^a
•in'the
1.
1938,
the.
-
case
of the series
A and .G bonds, ..will
•
-
T
as provided in- Article V. hereof."
vUntil, their "respective • second fixed interest dates in the., year 1946,
one-fifth;,tot; th^ ;interest, on the refunding bonds, .(i.e.,, 1%. oa the
series-Aj-P ;and F iends:and
on the series B, C and E .bonds)
will,remain >■fixed-and payable, semi-annually. •* The remaining four-
tion'only
income
payable and paid on or beforA
Ah payments cf secured contingent
series of bonds bearing such
interest shall be made, as among the several issues and/or series, iu
proportion to the unpaid; secured contingent interest accrued on the
bonds of said issues and/or series, respectively, to' the end of the last
preceding calendar: year,,
.
.
..
,
'
1 v
interest-on
,
Southwestern Division bonds as extended and
will be issued in exchange for the South¬
outstanding or pledged as of'the exchange
date, in bearer or fully registered, form at the pption of the holders
thereof.
v.
v
The sunolcmental indenture will also provide that additional South¬
western Division bonds of one or more new series may be issued:
'
the
BaltimoreOhio-RR.-30-Year 4%%. Convertible Bonds,
the
lines* of
75% of the coat of
railroad and other
,
improvements on and betterments
property, directly or through the
of securities. - subject to the Southwestern Division mortgage
as,a first lien; provided, however, that bonds issued tor such purpose
and at any one time outstanding or pledged, together with the then
issued and outstanding or pledged series A bonds, shall not exceed
$42,000,000 aggregate principal amount, and
,:••
(2> To refund any series of Southwestern Division
bonds at the
time outstanding or pledged. L
: ; . .
•
r
■
" b
, .
pledge
outstanding ip
unsecured; interest.
bonds,
dated
provision will be made for the' issue of new
Jan.' 1; 1"946; h Except as 'otherwise provided
convertible
new.
convertible-bonds,
in the plan, the
and have all
bear interest
the other, char-
modified.
The
the-present con¬
vertible bonds,: in bearer form or registered as to .principal only at;
the option;of*the holders thereof.
The -conversion, feature presently
attaching to ihe convertible bonds will be made, effective with respect?
to the new/convertible bonds until 15 days prior to any date set for
the redemption'/ofysuch -bonds or to-the maturity-thereof. ' The new
convertible bonds will also be .eligible for»sinking fund pux-chases.
;
acteristics
.1
bonds will
of
the
-
convertible
bonds
extended
as
and
new..convertibIa bonds will be .issued, in exchange, for
Pittsburgh Lake Erie & West Virginia Bonds, v..
outstanding in principal amount of $36,798,000, ,interest.
Also, $22,553,000 of bonds of this issue
are pledged,
$20,970,000 being held by-the trustees of the company'srefunding and general mortgage and $1,583,000 by RFC.
In .addition, ,;■
$1,000,000 principal amount are held by the trustee, of the mortgage
"Determiriatioh and'AHocatfon"of'Available Income
,
securing them.
. I
"- *
The income available " for purposes of the plan shall bo determined
,f
The maturity of the P. L. E. & W. Va. bonds will be extended, to
for; each calendar .year*'during' the period of the plan, which periodNov.
l, 1975,'With interest continuing" at%the present rate, payable
shall begin on Jan. 1. .1945. and end on the date when the trust bonds
semi-annually.
The plan will be implemented „ with respect" to jthe
-/■ and all bonds.issued pursuant to the plan in exchange for presently
P. L. E. & W: Va. bonds by the execution of an indenture suppleoutstanding bonds are no longer outstanding obligations of the com-:
mehtal to Baltimore & Ohio RR. Pittsburgh. Lake Erie. & West Virginia
pany. ' The .determination shall be made with
respect to each such
System refunding mortgage, dated Nov.
1, 1901, in which, to con¬
year not later than May/1 of the next succeeding year.
summate the plan with respect to the P. L. E. & W. Va. bonds,: pro¬
vision will be made for the issue of two series, of new P. L. E. & W. Va„. -,■-■« Available income -for-each such calendar year shall be determined
by deducting' front^ the "income available for fixed charges" for such
bonds, dated Nov.'1. 1946. and designated series A and B.
Except
calendar year (computed in accordance with the. accounting rules of
as otherwise
provided in the plan, the series A and B bonds will be,
tlie ICC at the time in-force, op to the extent not 'governed by such
secured, bear interest and have all the'other: characteristics of . theaccounting rules, in accordance with sound accounting principles):
P. L, E.'& W. Va.'bonds as'extended and modified.
The series B(a)'All fixed interest-and other charges accrued during such cal¬
bonds will be exchanged for the P. L. E. & W. Va. bonds held by. the*
endar year, .which are properly-deductible from "income available for
trustees of the company's refunding and general mortgage as of the
fixed charges"; in determining, "income after fixed charges" under
exchange date.
The series A bonds will be exchanged for all other
Such accounting rules or principles, and
•
■
P. L, E. &i W. Va. bonds outstanding or pledged-as of the exchange'
date. - Both the series A and B bonds will be issued in bearer, or fully,
((b) AIL interest oft bonds bearing contingent interest, wbich interest
registered form at the option of the holders of the bonds for which
became a fixed obligation, in. such
calendar year by reason of the
they are exchanged.
•
-..maturity of the bonds to which it pertains, by acceleration or other!
The supplemental indenture will also provide that additional P. L.
wise.'
■'
'•'
E. & W, Va. bonds of oner, or more new series may be issued:
Available income shall be determined for each calendar year from the .
I
Baltimore
&
Ohio RR.
.
Nor.
due
t, 1951,
are
bearing- 4% - secured
«
contingent interest
as
to
oi; the bonds of
of the last
end
the
to
only
contingent
accrued
interest
on
shall be fully cumulative,
interest
obligation
respectively'*
said issues and/or series,
preceding calendar year.'
•
payment^
Notwithstanding the foregoing provisions as to the time of
all' contingent interest acelued and unpaid at the maturity, by
tion
accelera¬
which it is incident shall there¬
become and be absolutely due and payable.
:
secured
No
issue
of the principal
otherwise,
or
upon
unsecured
or
series
or
bonds
of
to
interest need be paid on
amount payable is less than
any
contingent
the
if
V\%.
contingent interest not paid solely by reason of this
provision shall be reserved and paid on the first succeeding contingent
interest payment date on which the aggregate of all amounts available
for
the
payment of contingent
interest on such bonds equals or
of
amount
Any
.
14%.
exceeds
■'
■
■
<'
■
.
.
.
^
..
be prepaid, in the discretion of the
however, that'no unsecured contingent
interest shall be prepaid unless, all secured contingent interest accrued
or
to
accnie
for
the period for
which the; unsecured contingent
interest., is to be paid shall have been duly declared payable and
contingent
Any
v
board
.
are
and/or
series
all bonds bearing unsecured con¬
shall accrue as an absolute
the .time of payment and, to the
extent the available income in any calendar year is sufficient therefor
after making the prior, allocations, shall be declared payable and paidi
on
or before May l
of the next succeeding-year."
All payments 6f
unsecured contingent interest on the several issues and/or series of
bonds bearing' such interest
shall be made,, as among the several
issues and/or series, in proportion to the unpaid unsecured contingent
tingent
due Feb. 1,
the principal amount of '$61,906,000, bearing$267,000 principal "amount of convertible"
bonds are in the company's treasury.
:
:
The maturity of the convertible bonds will be extended to Feb. 1/
201O. with unsecured interest continuing at the-present-rate; provided,;
however, that such- -interest; will be made -contingent, on earnings butfully cumulative' and payable.
The plan will be implemented with'
respect to the ->convertible bonds by the. execution
of an indenture
supplemental-to, Baltimore & Ohio RR.. indenture-dated"Feb. 1, 1930,
in
which, to consummate the plan with, respect to the convertible
i960,
41,/2%
bonds
To finance
(1)
to
of
declared
be
several
...
,
The series A bonds
the
Unsecured
-
Division
calendar
any
May l of the next succeeding year.
-
western
the time of payment and. to the extent the available
year is- sufficient therefor after making the
to
as
in
.allocations,: shall
prior
-
characteristics
>■'
contingent, interest on all bonds bearing secured contingent,
be fully cumulative, shall accrue as an absolute obliga-
interest shall
■
modified.
for the
Contingent Interest
,
Secured
be
fifths
,,
.....
,
available income shall be allocated
pro
,
^of such'interest (Lie;, 4%' on the series-A. D and F bonds and
>■
4% %> on1 the -series. -B>-C and E bonds), will be made contingent upon
earnings and .will1'be fully cumulative and payable.From and after
such dates tile refunding bonds - series' A, D and .F will bear secured
fixed interest< at the rate of 2%. payable semi-annually, and secured
contingent .interest'at ;the rate of 3'b ) the series B, C and E bonds
will bear-secured-fixed .interest at the rate of 2%%, payable semi¬
(1) To finance 75%
of the cost of improvements on ana better ¬
annually, and; secured contingent- interest at the rate of 3%%,
Con¬
ments to the lines of railroad and other property, directly,, or through
tingent-interest-on The refunding-bonds will be fully-cumulative and
the pledge of securities, subject to the first mortgage *s a first lien;:
payable.
The plan will be implemented with respect to the refunding
provided' however,- that bonds issued for such purpose and at any one!
bonds by the execution ol an: indenture supplemental to Baltimore" &
time outstanding or pledged, together With the then issued and out¬
Ohio RR. refunding and general mortgage, dated Dec. 1, 1915, in which,
standing or pledged series A and B bonds, shall not exceed $155,000,000
to 'consummate "the11 plan'with
respect to the' refunding bonds, pro- :
aggregate principal amount, and
" .r;: Vision will fbe- nrndef fdm the'issue"' of six series of new. refunding
(2) To refund any series of first mortgage bonds at the time out¬
bonds designated as. series G, H, J. K. L and M.
Except as otherwise,
standing or pledged, ■■
■
■
" ' .r ■
provided! in'the plan, the series G, U., J, K, ,L and M bonds will .be
secured, bear interest and have all the other characteristics of the
Baltimore & Ohio RIt. Southwestern Division Bonds, due July X, 195ft,
refunding,,bonds series A., B, C, D,-'E and F;-respectively;' as -modified.
are-outstanding-in the principal amount of $37,285,500, bearing 3xkck
The series G, H and J bonds, will be dated Dec. 1, 1946; the series K;
secured and 1 Va%-unsecrued interest.
■
V,
Sept. l;-1946;Hhe series L. Oct. 1, 1946. and the series M, Sept. 1. 1946.
The maturity of. the .Southwestern Division bonds will be extended
The-series G. H, "J, K, L and M bonds willrbe-issued In-exchange
to July 1, 1975, with interest continuing at the present rates.
Secured
for the series A.'-B, C„ D, E and F bonds, respectively, outstanding
interest will be payable semi-annually:
the lVs'b unsecured interest
•■'or pledged -as "'of the exchange date, in bearer or fully registered form
will be made contingent on,earnings but fully cumulative and pay¬
at the option of the holders thereof.
•
.
able. ' The plan will he-implemented with respect to the Southwestern;
The supplemental indenture
will also provide for the removal of
Division • bonds by
the execution of an
indenture supplemental , to
any
and all existing * restrictions upon the
extension, renewal, orBaltimore
Ohio RR.' Southwestern Division first mortgage, dated
refunding of bonds of any issue or series, or any other debt, now Or
Jan. 1, 1899, in which,, to consummate the plan with respect to the
hereafter outstanding or pledged, secured by lien senior to that of the
Southwestern Division, bonds, provision will be made for the issue of a
refunding mortgage," to the - end- that any such! bonds, or debt may.be
series
of new Southwestern Division bonds, dated July 1, 1946. and
extended,-renewed or' refunded at any, time, or from time, to time,
designated series A.
Except as otherwise provided in the plan, the
without the .consent pf ,the refunding bondholders or any of them.
^
Series A bonds will be secured, bear interest and have all the other,
,
"
remaining
then
rata, of unsecured contingent interest on outstanding
bonds bearing unsecured contingent interest, up to the total unsecured
contingent interest accrued thereon to the end of such'calendar year
and remaining unpaid.
;/
• •
,.
; •
(5> A sinking fund payment of 50% of the then remaining balance;
provided, however, that as to any year for which the total system
charges for fixed and contingent interest and guaranteed dividends
were less
than $22,000,000, the available income for such year to be
allocated to the sinking fund need not exceed $750,000.
' '
(6)
Except to the; extent otherwise required, the then remaining
balance shall be available for any other proper corporate purpose,
..
:
unpaid.
The
(4)
made .contingent, and-cumulative
-
shall be allocated for the
of
secured
payment,
; the-series B bonds,' Sept.
1, 1938, in the case "of the
F.bonds; Oct. 1, 1938, in the case of the series E bonds",
'and5 Dec. Tp.l938i1 in
rata,
pro
bearing
remaining
and
of
case,
series D and
f
bonds' (lie.,
the series B, C and
ton
ft is. proposed. that, the re*
maindcr" of-the interest-in respect of the eight years from Aug.
•
mental to
lVs%
charge,
fixed
available income
remaining
then
secured contingent interest on outstanding
contingent interest, up to the total secured
contingent interest accrued thereon to the end of such calendar year
1996.
1.
any
of
as'
be.
The
bonds
1,
the:series A, D and B bonds and
on
.OS. bondls)
r
-F
series
of
allocated may be reduced
issuable
may
(3)
all
of
or
be
to
payment,
amount,
was
duly consummated, provided, in part: - *. .
f-i-'Tt is .-proposed that - one-fifth- of the interest-on-these
.
bonds
case
They are outstanding
.
,
mortgage; bonds by the execution of an indenture , supple¬
the,-first mortgage, dated July 1/1898, in which, to,consunimate
the. plan with .respect to the first mortgage bonds, provision
will be made for the Issue of two series of new first mortgage/bonds, ;
dated • July; l, :J94(f. ori'd"-designated -series A and B.The- series 'A
And B bonds will- be secured,-'.bear; Interest ••and have all .the other
•characteristics of the;first mortgage 4%
and 5% bonds, respectively,
as extended and modified.
The series A and B bonds will be issued.
In; exchange -for ,t,he first mortgage 4%~" and 5%: bonds; respectively;
outstanding or pledged- us of the exchange date, • in bearer, or fully
registered, form at. the option of the holders,.thereof.
; ,
;f..<
The supplemental indenture will also provide that , additional first
mortgage'-bonds'of- one-ow-more new series may be issued: • . • . J'
first
»
.
C, D, E and F-.
B,
consisting of $15,000,000 series B and
1995; $74,647,250 series E due April 1,
-2000, and $241,500 series F- due March' l,. 1996,--are--pledged< to- secure
the Aug. 1 and Nov- 8 .notes
of the company.
In addition, $2,250
■■■•series E and $4,250 series. F are in the treasury-of the company.
The refunding-bonds of series A, D and F. originally- bore secured
fixed interest at .the rate of 5%
The refunding bonds of series B,
C and ' E originally
bore secured fixed interest at' the- rate-.of. 6%
-With) respect to the• refunding bonds, the company's.,1&38 plan,.which
The\ maturity of the first mortgage bonds will be extended to
July 1, 1970, with interest continuing at the present rates.
Secured
■interest will be payable semi-annually; the 1% unsecured interest-on
4the 5% bonds will be .'made contingent on earnings but full cumu-j
lative ' and payable,.
The plan will be implemented with respect to
the
■
series A,
$12,500,000 series C due Dec.
V
.
March.
$102,388,750
of the mortgage securing
treasury.
/
series:
principal amount, of $122,639,000,- consisting of $48,989,000
and $29,218,500 series C due Dec. 1, 1995; $22,390,000 series D
the
-due
,Y, Baltimore &" Ohio RR. First Mortgage Bonds, due July 1, 1948 are
outstanding in principal amount of $144,748,850, consisting of $76,,022.350
bearing 4% - secured interest' and •-$67,826,500 bearing 4%/
secured and l-%: unsecured interest.
In addition, $1,668,000 of; first
them
.*
in six
such series of other bonds, the available
by Vz V« of the total principal
the respective purchase and exchange dates
/thereof,, of the trust bonds or of such series of other -bonds,- as the
trust
income
amount,
Baltimore & Ohio RR. Refunding and General Mortgage Bonds are
r
be redeemable,
pnortgage
pledged.
or
Bonds of the new issue will bear secured fixed interest
4%, payable semi-annually, will mature Jan. l. 1965,
in whole cr in part, on any interest date, on
CO
days'" notice, at their principal amount and accrued interest.
.Until the purchase of the new collateral trust bonds interest will be
paid.cn the Aug. l and Nov. 8 notes at the same rate (4%) and on
the same interest payment dates as at present and, until default in
the payment as aforesaid of interest, RFC will refrain from exercising
its right to enforce ihe payment of the principal of said notes, unless
the plan is abandoned prior to such default.
*•'. w • ""
'" /
appropriate.
'and will
1963
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4331
Volume 160
/
of
interest
directors;
may
provided,
provision made for its payment.
I '' '■
.
.-
..
Capital
.
Fund
' i
'
,
The available income allocated (as above) to the capital fund shall
to or used to reimburse the treasury; of the company iot
capital investments the cpst of which is chargeable, in accordance
with accounting, classifications, prescribed by
the ICC, to accounts
(road and equipment property, improvements on leased property, mis-,
cellaneous physical property), including any such capital investments
made, through, advances by the company, in the property of a sub¬
sidiary whose earnings or losses or the operating results of whose,
properties are reflected in the company's income account; provided,
however, that the available income allocated to the capital fund for
any calendar year may be applied (a) in respect, to, equipment, only,
to that portion of the aggregate of initial and other principal pay¬
ments made
during such year upon equipment leased under equip¬
ment trusts or
purchased under conditional sale agreements which,
remains after deducting from such aggregate all amounts of deprecia¬
tion. amortization and retirements-of equipment charged against in¬
;
be. applied
.
calendar: year; and (b) in respect' to other property,
of the- aggreagte cost of capital investments in
made during such calendar year,, that remains after
deducting therefrom the aggregate amount charged against income
in such year for retirements of such property not replaced.
<■
To the. extent expenditures for capital investments are provided for.
or reimbursed
out of the capital fund, the company shall not there¬
in, such
come
that
to
only
such
portion
property,
,
after
have
edness
the
bonds or other evidences of indebt¬
reimburse its " treasury therefor; provided,
right to issue any
capitalize
to
or :
,
that such expenditures may be used to supply, in whole or
part, any excess of expenditures for capital investments required
be certified to the trustee(s) under any /indenture over the prin¬
however,
in
to
cipal amount of the bonds or other obligations -that may be
the
basis
of
suoh 1 capital
investments under the terms
indenture."
:
.-
• > ••'
issued on,
of
such
.
•
,
available income allocated to the capital fund
for any calendar; year which is not expended or appropriated to meetliabilities incurred before the end of such calendar year shall be added
to
available income for the next succeeding; calendar year and the
sum
so
arrived at shall be allocated as though such sum were the
Any
portion
available
of the
income
for
such
year.:
>
•
/
-
"
.
r 'i'
Sinking Fyml
The
company
will
create a sinking fund and make
payments into
"
To finance 75% of
the lines of railroad
(1)
v
to
the cost of improvements on ana betterments
and other property, directly ;cr through the
securities, subject to the P. L. E. &
pledge of
W, Va. mortgage as a
and at
provided, however, that bonds issued for such purpose
time outstanding or pledged, together with the then
first lien;
any
one
arid
outstanding, or
pledged series A and
; <2> To refund any series
or pledged,
B bonds, shall not exceed
amount, and
aggregate principal
$64,000,000
issued,
of P. L, E. & W.
"
'
VaTbonds at the time
:
outtsanding
;
^
Toledo-Cincinnati Division Bonds, due July.l,
1859, are issued in three series: series A, . B and C, bearing secured
interest at the rates of 4%, 5% and 6%, respectively.
$10,028,700
series A bonds are outstanding.
$14,344,300, consisting of $265,300
scries A $5,000,000 series B and $9,079,000 series C, are pledged with,
and held
by the trustees of the .company's refunding and general,,
mortgage.
.
- •
■
':
The maturity of the T.-C. bonds will be extended to July 1, 1980,
•with interest continuing at the present rates, payable semi-annually.;
The plan will be. implemented with respect to the T.-C. bonds'by the
execution of an indenture supplemental to Baltimore & Ohio RR.
Toledo-Cincinnati Division first lien, and refunding mortgage, dated.
June 25, 191.7, in which, to consummate the plan with respect ta the
T.-C,
bonds, provision will be made for the-issue of three series of
new T.-C. bonds, dated July 1..1946, and designated series D, E and F.-r'
Except as otherwise provided in;the plan,, the .series D, E and F bonds
Will be secured, bear interest and have all the other characteristics
of the T.-C. bonds series £, B apd C. respectively, as extended and
modified.
The series D. E and F bonds will be issued in exchange
for the series A, B-and. C bonds,, respectively, -outstanding or-pledged!
as
of the exchange date, in bearer or fully registered form at the
i
Baltimore & Ohio RR.
option of the holders thereof....,
.
The ..supplemental indenture will also provide that
bonds of one or more new series may be issued:'
additional T.-C.
75% of the cost of improvements on and better¬
railroad and other property, directly or through
the
pledge of securities, subject to the Toledo-Cincinnati Division
mortgage as a fii*st lien; provided, however, that bonds issued for;
such purpose and at any one time outstanding cr pledged, together
with the then issued and outstanding or pledged series D, E and F;
(1)
ments
To
finance
to the lines of
accounts
are
stated on the books of the company when its accounts
for such .calendar year, without adjustments, except that
as
closed
(-l)!!n<) amdunts. Shair.'be* included
in
for retire¬
operating expenses
property net replaced; (2) any adjustment
the income account for any prior year shall be
made: by appropriate entries either in the accounts of the year the;
available income for'Which" is being determined-and/or, in the dis¬
ments
non-depreciable
of
to
necessary
of
cretion
correct
the board
of
directors of the
company and
subject to the-
approval, if necessary," of the ICC, in whole or in part in the accounts
of any subsequent- year or years,- and the debits and/or credits giving
effect to any such adjustment shall be treated as" income items for
the
of which entered on the books, whether cleared through
profit and loss'accounts; (3) gains or'losses on the sale
or other property, and profits, if they be deemed profits,'
year, as
income
or
of securities
realized upon acquisition by the" Company or:any of its subsidiaries of ,
securities theretofore issued by the company or its subsidiaries shall'
if in respect to any, calendar year the available
the amount of such deficit shall be carried for¬
in determining available income for the succeeding
calendar year or ""calendar years until such deficit (or accumulated
or
remaining deficits) -shall be extinguished^
'
Available income for' each calendar year shall be allocated for the
following purposes and.in the following order:
-i"
"•
,
(4)
be -excluded,' and
is
income
a
deficit,
and deducted
ward
,
(1)
-
A capital fund of $5,000,000 or.oi total"railroad operating
of the
company
in such calendar yearf whichever is the
revenues
in; either case, depreciation apd
equipment, charged against income in
greater,, less
than
,
of
plus the-amount, if. any. by which
calendar year, beginning with the
ficient .therefor.
.(2)
cipal
;•
•
-■
,
-
A;»sinking fund payment
amortization, other
such calendar year,-.-
available income for thor preceding,
year
1945,
...
shall have fceeh. insuf¬
T,..:
....
•
•
of-the aggregate of the prin¬
respective purchase and exchange
of y2%
issuable as of the
thereof-; of;* the: trust bonds
amounts,
of each series of new bonds
bonds, plus the amount
available income for the preceding cal-!
endar year or calendar years,
beginning with the year 1945. shall
have been insufficient therefor,-to the extend not previously made up...
dates
issued
to
be
or
amounts,
Upon
the
in
exchange for
if any,
and
presently issued
by. which
refunding,
payment
or
satisfaction
in
full
of all of the
and
apply the same as herein provided.
or
before May 1, 1946, and of each year
.
thereafter during the
period of the plan, the; company will pay into the sinking fund, out of
available income for the preceding calendar year, the amounts allocated
therefor (as outlined above).
"!V
.•< '
.
• . '.;i
Except as otherwise permitted, the available income allocated and.
paid into the sinking fund shall be applied to the retirement (by
purchase, payment, prepayment in whole or in part, or redemption) of
the trust bonds; first mortgage bonds series A; first mortgage bonds:
series B;
Southwestern Division bonds series A; P. L. E. & W. 'Va.
bonds series A; T.-C. bonds series. D, and refunding bonds series G.
J, K and M, in proportion, as nearly as may be-, to the principal
amount of trust bonds, as of the purchase date thereof,
and the.
respective principal amounts,, issuable in exchange for bonds out¬
standing as -of the exchange date thereof, of each such series of other
bonds; provided, however, that, in the case of the refunding, bonds,
the
proportion shall be . based on the aggregate of the principal
amounts of P. L, E.. & W. Va. bonds and T.-C, bonds, held, on their
respective exchange dates, by the trustees of the refunding mortgage.
Such .proportion shall be applied to the retirement of refunding bonds
series G,
J, K and M in proportion, as nearly as may be, to the
respective principal amounts thereof issuable, as of their respective'
exchange dates, in exchange for refunding bonds, series A, C, D and F,
then outstanding.
The portion of each such sinking fund payment
applicable to the retirement of the trust bonds or of other bonds of a
particular series may, in the discretion of the board of directors, be
applied to the retirement Of bonds or other obligations issued to refund
such trust bonds or other bonds.- and in the indenture pursuant to
which'such bonds or other obligations are issued the company may
On
.
,
.
obligate itself accordingly.
:
the portion of each such sinking fund payment
the retirement of bonds of a particular series may, in
the discretion of the board of directors, be applied (1) to the retire-,
ment of bonds.of another series, secured by the same mortgage, issued
to, finance improvements- on and betterments to the lines of railroad
and other property subject to such mortgage, or (2) to the payment
of loans the proceeds of which were used to flay for not more than
75% of the cost of improvements and betterments which could have
been made the basis for the issue of bonds under the mortgage securAil
or
any
.
part of
applicable to
7. N. Y., EEekman 3-3341. Herbert D. Seibert, Editor and Publisher;
and advertising issue) with a statistical issue on Monday].' Other
Copyright 1944 by William B. Dana Company. Reentered as secondclass matter February 25
and Possessions, $26.00 per year; In Dominion of Canada, $27.50 per
year* South and Central'America, Spain
Mexico and Cuba, $29.50 per year; Great Britain, Continental Europe (except Spain). Asia, Australia and Africa, $31.00 per year. NOTE; On account of the fluctu¬
ations in the rates of exchange, remittances for foreign suMcriptions and advertisements must be made in New York funds
m- '
if
The
Commercial and Financial Chronicle (Reg
Dana
Seibert
President"
William D
William
offices*
135 S
La Salle St
IT. S. Patent
Spruce St.. New York
Thursday "(general news
c/o Edwards & Smith.
Subscriptions in Uhited States
Office) William B. Dana Company, Publishers, 25
Riggs,' Business Manager.
Published twice a week [every
Chicago 3 111 (Telephone- State 0613); 1 Drapers' Gardens,-London. E. C., England,
1942,-at the post.office at New York, ,N. Y.„ under the Act of March' 3. 1879..
particular
such
listed
series
■
allocated and paid
made into the
income
payments,
the
such mortgage.
above.
available
The
and
such
series;
be bondable under
to
thereafter
if
any.
'
.
.
$3 ,'924,510
$3,418,809
$3,912,478
1,458,742
1,732,861
1,904,088
2,025,380
autos——
110,597
127,918
136,711
127,840
4,733
4,674
4,317
2,642
$1,834,354
$2,059,057
$1,373,693
equip, and
Amort,
sinking fund, shall be
portion,
such
of
be applied to the
may
bonds.
•
All moneys paid into the sinking
within two years from the date of
particular
any
in
amount
the
than $25,000.
less
is
■
,
Int.
shall be
clusive
chased
new
the other
the notes and bonds affected by .the plan and any .obliga¬
to refund any thereof shall, for the purposes of applica¬
of sinking fund moneys, be regarded as the trust bonds and the
bonds,
tions issued
tion
other
bends of a par¬
In the sinking
are not specifically applicable to the retirement of other
in the payment of the redemption premium, if any, on
fund, which
obligations,
such bonds.
/
u
;
Dividend Restrictions
.
shall have been declared-payable and paid, or provision made
for its payment, and (b) the board of directors shall have determined
that the available income for the current year will be sufficient for
the
specified,
purposes
and provision shall have been
of the amounts necessary
made for the
In
dividend,
to satisfy fully such purposes.
in which/as of the date of declaration of such
system charges for interest and guaranteed dividends, on an annual
basis, exceed
$20,000,000 the company shall pay into the sinking
fund, out of accumulations of available income (allocated as stated
above) an amount equal to such dividend prior to payment thereof.
year
any
Available for Fixed Charges
Pursuant to.Plan of Income
Application
'
v" !,
Yearly
'
Yearly
1935-1941
Inclusive
Inclusive
Inclusive
Yearly
'
Average
Period
,
,
;
avail,
interest:
Fixed
17,567,299
—,—
1,252.079
fixed
charges.
fixed
"Other
charges— $18,819,378
Total
> Available
27,338,884
2,440,049
income
fund
tCapital
available- $24,898,835
Remainder
Sinking fund
J.
—
!,
Period
■
Average
Period
1942 to
June, 1944
Inclusive
-
chgs. $46,158,262
fixed
for
'
income
annual
Average
Yearly
Average
1921-1927
Average
Period
1928-1934
'
■,
1,751,608
$42,457,407 $33,906,121 $64,466,164
17,567,299
1,260,868
17,567,299
17,567,299
1,436,502
1,320,430
$18,828,167 $19,003,801 $18,887,729
23,629,240
1,093,187
14,902,320
1,093,187
45,578,435
4,634,586
$22,536,053 $13,809,133 $40,943,849
1,751,608
1,751,608
1,751,608
$12,057,525 $39,192,241
3,854,481
3,854,481
Remainder
available! $19,292,746 $16,929,964 $8,203,044 $35,337,760
Unsecured conting. int.
4,023,317
4,023,317
4,023,317
4,023,317
Remainder
available!" $15,269,429 $12,906,647 $4,179,727 $31,314,443
Sinking fund I—
7,634,715
; 6,453,324 . 2,089,864 15,657,222
available. $23,147,227 $20,784,445
Remainder
3,854,481
3,854,481
int,—
conting.
Secured
4
9 Months
purposes
—
—
$7,634,714
$6,433,323
$2,089,863 $15,657,221.
9,386,323
.payments
*
Additional
fixed charges
items
8,204,932
by Interstate
classified
3,841,472
17,408,830
Commerce Commission as
such as "rent for leased roads and equipment.," "interest
etc.
tUnadjusted. fWhile depreciation accounting
unfunded debt,"
on
prescribed by the ICC has been effective
only since Jan. 1, 1943, in making deductions for depreciation and
amortization arbitrary use has been made, for each period, of the
actual figures shown in the company's 1943 accounts*
property as presently
for road
Seeks Bids on
has
company
Promissory Notes—
issued
a
retiuest
I
£$2.35
.
!!,;
,
$1191
$2.60
.
349,014
Total
;
Net-
.
$2.87
.
fy'
for Federal
Dividends
"
*
•"/ 1
*U.
3,219,350
S.
debtors
Net
ry.
railway
from
Net
—
'399,197
income-
oper.
railway—
income—
1395.
oper.
ry.
5%
—V.,.160, p.
;
1
accrued-
expenses
156,428
'
■
108,991
;
107,890
2,000.000
198,527
3,039,400
Federal income taxes of $1,616,679 in 1944 and
flncludes post-war refund of excess profits tax of
in 1943.
^Represented by 300,000 shares.—
1944;
none
I;
;
Ami
4.386,406
$16,584,383 $14,542,510
826.
p.
Bon
3,600,000
4,720,914
——
3,039,400
3,600,000
:
value)..-
——...———.../:
1943.
in
v.. 160,
15,567,938
8,529,423
.6,296,847
223,523
of taxes
S1G0)
(par
(no par
'After'deducting
in
115,524
..
3,000,000
—_i
$188,675
159,360
291,297
102,937
stock
surplus
$746,290
189,113
$1,340,893
•
'—'//—
———//—————;/'j■—
for possible assessment
$681,282
585,977
■
■
.
.....
Subs.)—Earnings-
(&
Co.
1943
1942
$2,267,310
$2,166,282
$2,204,506
1,451,639
depletion —1,363,569
1,609,788
39,417
and deplet
38,383
36,913
Fed.
& foreign income
1674,345
&; excess profits ,taxes
557,942 .
795,707
i.p;;i;
. —
r
:——.
Net profit
• $767,239
:,7 $777,168 ,V $737,878
1,436,973"
9 Mos. End.
1944
Sept. 30—
profit on sales—i "$2,045,302
Gross
before
Profit
.
E.
Gracej;President, .states:
G.
'(<
/
/
■
production
"Steel
102.4%
with
103.0%
third
the
the
during
Current steel production is
1 I,—!
'V.'
1943.
quarter of
''
of capacity.
.103%
and castings) averaged approximately.
the third quarter of 1944 as compared
second quarter of 1944 - and 101:6% ■. during
(ingots
during
capacity
of
approximately
$1,344,000,000," Mr. Grace
said, "comparing with $1,471,000,000 three months before and with
$2,109,000,000 on Jan. 1/ 1944;
The declines reflect almost entirely
completion of long-term contracts for ship construction for the United
States Navy and Maritime Commission. > There have been some can¬
"The
backlog
of
orders
Sept. 30 was
on
all unimportant, but. they have, been substantially replaced
orders," he added.
'
1
In steel operations the company has J"begun to feel a little soften¬
ing in demand and to find a little difficulty in maintaining a full
operating schedule at the mills," Mr. Grace said.
.
*
.•
Nonetheless.
Bethlehem is experiencing difficulties from the man¬
power shortage, principally in shipbuilding, but also at specific steel
plants."We arc undermanned and are having difficulty in finding
replacements," he declared.
' '
Bethlehem has established a comprehensive" program for rehabilita¬
tion and re-employment of war veterans/appointing special "veterans'
counselors"—who have had war experience themselves—at every em¬
new
—
Note^—-Net
The task of these counselors goes far beyond what
is required by law, and will see to^the. proper medical care as well as
to the retraining of men returning4 from the war.
The company has
re-employed 16,000 war veterans, of whom 5,500 ^'ere former Bethle¬
hem" men; and 76,000 former employees still are with the armed forces.
Payrolls for the third quarter were $200,456,000. with an average of
251.000 employees, comparing with $212,175,000 and 268,000 in
the
in the third quarter;
:
Hourly-paid workers received an average of $1.36 an hour and an
average of $60.88 a week during the'third quarter, against' $1,348 and
$60.87 in the
second quarter and $1,314 and $59.52 weekly in the
quarter,
second
and
third
.
of 1943.
quarter
construction
New
Income
Period End. Sept. 30—
1944—9 Mos.—1943
.
i ••
^
1944—3 Mos.—1943
Total
income
on
138.864,939
4,604,069
l,335,722i
811,379
assets_/r
and
(including
Prov. for deplet.
13,013,205
10,397,061
38,591,166
29,369,925
31,891,944
:
..
37,993,892
94,858,325
31,420,000
75,070,000
112,446,795
•
25,270,000
amortization)
Net
prov.
for
taxes
on
inc.—
-
income
—
*
.93,030,000
'
includes
Taxes
oper.
ry.
215,500
20,028
.124,639
144,262
$1,131,905
V
—
deductions-——!"!
344,818
$787,087
$710,985
/Rentals, .interest, etc,- -V.
The: directors have
dividend
extra
of
not
always
1944—9 Mos.—1943
.
$342,115
$1,007,266
income-
income—!——-.
Net
is
$7,352,831 $65,827,747 $65,165,072
5,294,113
48.189,917
441797,987
859,133
7,435,954
8,307,417
233,382
2,251,097
2,213,097
23,588
230,872
209,164
$1,086,377
375,*392
*Total
an
it
in exact alphabetical
as near alphabetical
1944—Month-4943
5,300,747
income—----,;,
Total
,
.
reasons
94.9,175
income
Other
.
always
$7,492,716
-
a——r
Net
.
;
Equipment rents (Dr)—
Joint fac. rents (Dr)_—
I
..
.
foreign profits
($63,068 in 1943
RR.—Earnings-
revenues——
Operating expenses
$9,637,407
$7,719,907
iri
977,355
V.
991,429
$8,697,262 $10,628,836
3,232,729
3,309,142
$5,464,533
$7,319,694
1522.
160, p.
Co., Inc.^—Extra Distribution—
declared a dividend of 37V2 cents per share
25 cents per share on the capital stock,
and
both
payable Nov. 24 to holders of record Nov. 17.
A distribution of 37'/a
cents per share was made on May 15, last, ^nd on June 25 and Nov. 29,
1943.
An
extra of 25 cents was also paid on Nov, 29, last year,
—VI
158, p. 1822.
■.
■
,
.
Co., Inc.—Earnings—;
Brooklyn Edison
1944—3 Mos.—1943
Period End. Sept. 3(1—
1944—12 Mos,—1943
I
$13,818,424 $13,680,085 $59,242,027 $55,081,809
Operating revenues
4,245,345
5,062,850
17,404,441. 19,339,941
Operating expenses. /__
1,87.70,931
956,691
7,008.338
3,191,405'
Maintenance
.1,648,233
1,392,972
6,040,856
6,043,887
Depreciation
3,476,323
3,243,416
16,322,236
15,925,916
"Taxes
before
income
on
Operating
146,140,148
4,323,428
49,776,675
1,804,040
& Maine
Boston
are
possible.
as
Period End. Sept. 30—
';
sale of fixed
deprec,
position
1,442,226,813
46,709,189
—
other chgs—
&
Loss
' \
period
companies
arrange
Brock way Motor
during. the past quarter were $2,of new construction budgeted for the
in connection with the ore development
■'■;■ - , '
Account (Including Subsidiaries)
422,291,504 519,097,265 1,342,912,559
—-—
billings
to
However, they
order.
expenditures
in1 Venezuela.
mechanical
NOTE—-For
possible
-
:
■
the
$74,581 in 1942).—V. 160, p. 1076,-
and
..
545,000.
There is $3,500,000
fourth quarter of 1944, mainly
for
1944
in
.
subject to exchange restrictions in amount of $68,751
and 296,000
$231,113,000
1943;
of
profit
:
C $935,490
$173,000 for esti¬
I Under laws In effect, and including'reserve of
additional taxes under pending legislation.
mated
^
ployment office/
34,822
466,661
.
cellations,
by
;
deprec,
Deprec.
•
■
.
.1941
.
and
Co^p.—Quarterly Report—
275,570
I
\"v
preferred stock
ICommon
1941
16,427.200
6,755,827
2,690,716
242,198
i
payable to bank—,—/_/—
Notes
$2,189,727
1,093,525: 1,358,135
3,451,604
1,713,698
324,061
.
trade—
b!e,
(accrued I
taxes
Reserve
$2,20,844
14,755,306
15,409,815
3,878,769
3,391,403
railway-—/
from
Net .from
'
Sundry creditors
From Jan. 1—
Net
71,209
3,966,982
740,854
-
charges—I//—
•
pays
Total
369,152
2.001.337
3,508,852
122,763
3,643,143
/•'
amount
322,518
2,093,967
\
_
II—III!
1.
.1943
$4,153,843-
3,997,727
-
salaries and wages
Accrued
' 380,758
1942
-
$16,584,383 $14,542,510
Accounts
RE.—Earnings—
1943
/
2,410,321
.
2,627,536
.
I
81
$3,251,546
.
——
at nominal
Goodwill,
247,500
$2.il
-1944
.
assets '
tot her
Other
$2,287,442
998,403
507,283
July
/
•
Fixed' assets.
,
Earned
.
noi.es.
>■
.155,970
1
270,001'
•
.
and on hand———.
savings
Treasury
Sundry
$3,055,401
501,655
■
S2.01
Sheet,
Customers', accounts and notes receivable——
Merchandise inventories
1075.
$1,859,697
544,630
$790,628
■'
Balance
s
demand deposit
on
V.
1944
,915,000
$756,479
share//—//—!——
Consolidated
Prepaid expenses and deferred
$3,247,350
before Federal taxes
—
income taxes——
Bessemer & Lake Erie
•'-7,170
1,825.000
stock--111%™
on-, common
Miscellaneous
*.
29,053
$2,58:1,479 : $£,705,628
stock", quarterly divs.
pfd.
—$2,745,694 $2,674,648
stock.
—
$1.24
$1.20
Note—In the opinion of the executives, no provision is; believed to be
required for Federal excess profits tax under existing Revenue Acts,
Company has no Government contracts subject to renegotiation
p.
'
income—
on
Assets—.
Cash
for period—_—
Earnings per share on outstanding
160.
taxes
Earnings per common
profit
N?t
"
! 151,970
$6,466,699 '.$5,682,936
Federal
for
$1,698,458
;!//!/!/!j/!!——!/A/—!—1/,j.L!:
profit
Divs. on 5'/c
1943
1944
Ended Sept. 30—
ordinary operations,
profit,
Provision
144,243
$2,552,426
———f_——1!
income,' Interest!—/—/———
Provision
tor
(Prov, for taxes based
for bids on proposed issue of
notes, • series F, in the amount not exceeding $706,500
principal amount, subject to the approval of. the Interstate Commerce
Commission.
The invitations have been forwarded to 61 prospective
213,467
■
33,250
Profit—
..I
.6,990
.
Co.—Earnings Statement—
Oil
based
The
241,323
'.
expense—L!——
—/I
Liabilities—
Int.
Aggregate of sink, fund
29|769i293
442,198 i.!'. 442,198
■■.:!, /I'!,!;, ,;.;i'/
/
....
V
442,198
after interest
Deductions for additions to reserves and for
lease costs written off during period-—j.—
from
Profit
Net
corporate
proper
77"!
and
.Balance
>:,.»/ "i
.
^
Other
<
32,249,105
349,487
$1,136,0.74
;
;
provision
$122,492
V' Barnsdall
company
years,
payment
on
'
income
;
$751,652
$1,022,432
,
442,198
Bethleheipn Steel
of the plan dividends may not be paid on the
of any class except out of accumulations of
allocated, nor unless prior to the declaration of any
such dividends (a) all contingent interest accrued, for prior calendar
the
of
29,557
*671,176
•
Federal'excess profits Max-"'." -tIn¬
cludes provision of $57,590 for Pennsylvania income tax, $594,541 "for
Federal income tax and surtax, and $310,102 for Federal'excess, profits
tax and renegotiation refund on war contracts.'
tAfter provision for
Federal income tax and surtax computed at rates aggregating 40'/»,
and excess profits tax at bbVz'M, under the Revenue Act of 1943.
^Includes $182,000 contingency for increased rates of Federal taxes on
income,
No Federal excess profits tax liability.
'**Includes provision
of $63,848 Pennsylvania
income tax, $407,830 Federal excess profits
tax and $591,385 Federal income tax and surtax.-—V. 160, p. 427.
period
the
During
stock
available
..
stock———.
"Includes
!/■•
»'
.share
per
Gross
bonds, respectively;
new
Company may, upon the redemption of.'all., of the
ticular issue and/or series, use all of the moneys then
;
first ,pfd.,
September—
Gross from railway—
indenture,
of the trust bonds and of
.
43,686
§626,807
'
•
common
obligations were
respective issue datfes
inc.-
'$922,336
profit
I'/o
on.
Earns,
after May .1, 1945, and , other than with sinking fund moneys;
any
time prior to the sinking fund payment date in question,
eligible obligations so acquired may be designated by the company as
the basis for credit against such sinking fund payment.
All obliga¬
tions retired with sinking fund
moneys or tendered as a basis for
credit against any sinking fund payment shall be surrendered to the
truslee(s),
if any, under the indenture pursuant to which
such
the
on
1,674
■: 22,548
1962,234 **1,063,064
.stock
pany
Until
(net) :
pay
Divs. on common stock-
At
the terms of such
I
repair;siI--„___--^^2_„_'T„'~,Z
and'
debt
1943
departments)-, $35,425,591 $32,174,475
Depreciation
interest
'Other
Net
,
issued, and all such obligations shall be cancelled.
The,supplemental indentures to be entered into pursuant to the plan
will provide (at that no obligations may be issued to refund obligations
retired with sinking fund moneys; (b) that accrued interest on obliga¬
tions so to be retired shall be paid out of the general funds of the
company and no sinking fund moneys shall be used for that purpose;
and (c) that no obligations may be issued to capitalize or reimburse
the treasury of the
company for that part of the cost of caoital
investments paid with sinking
fund moneys, but that expenditures
of such moneys for capital investments may be used to supply,
in
whole or in part, any excess of exoenditures for capital investments
required to be certified to the tru'stee(s), under any indenture over
the
principal amount of the obligations that may be issued under
$1,',836,808
for taxes
Divs.
into the sinking funa shall oe
cash, except that a credit against any sinking fund payment
allowed in an amount equal to the cost to the company (ex¬
of accrued interest and any premium)
of obligations pur¬
paid, prepaid in whole or in part, or redeemed by the com¬
paid in
$1,422,145
notes
on
Prov.
paid
be
to
80,191
Subsidiaries)
1944
leased
of
sales
Maintenance
■
required
amounts
All
.
48,452
51,890
consolidated)_
to
'
retirement of ;.iew
,
Wholly-Owned
July 31—
(Incl.
sales
(Incl.
Statement
Earnings
Cost of goods sold and expenses-,.1
income$1,886,244'.'$2,108,044
Total
fund shall be applied as provided
payment;, provided, however, thai
contained shall: require the redemption of bonds of
issue and/or series, including the trust oonds, when
the sinking fund applicable to the redemption thereof
herein
nothing
,
Net
48,987
not
co.
favorable
as
year there was also formed Garden Foods' Inc
a sub¬
Bloomingdale Bros., Inc., for the purpose of the'further
of our expanding retail food business.
of
Years Ended
$10,500' from contr.
of
regarded
were
and their dependents,
Consolidated
$1,756,617.
divs.
(incl.
inc.
misc.
which
,
development
divs. and
rental,
rates
,
the
During
sidiary
——1
Profit
Disct.,
:
purposes,
future,
and
into the sinking fund,
or
than ks
tional
—
1
will be operated for charitable/scientific and educa¬
including aiding needy employees, present
former
of Bloomingdale Bros. Inc
.
and
organized
and
licenses
'
the year Bloomingdale Store Foundation, Inc., was formed
corporation is a non-profit, membership corporation
and was
The
of cigar
cost
of
machine
patent rights
prepayment in whole
in part, or redemption! of such obligations of the company, other
than equipment obligations; as the board of directors may determine;
provided, however, that not more than one-half of any such sinking
fund payment(s) may, in the discretion, of the board of directors, oe
applied to (a) the creation and maintenance of net working capital,
and/or (b). the cost of capital investments within the limitations pre¬
scribed for
use
of available income allocated to the capital fund,
provided further that as to any year for which total system charges
for fixed and contingent interest and guaranteed dividends exceeded
$22,000,000 not more than $619,000, or
Vs of the portion of each
such sinking fund payment(s) remaining, available for the retirement
of
obligations as aforesaid, whichever is the lesser, and as to any
year for
which such charges were less than $22,000,000 not more
convertible
——
interest
the
in
made
corporation.
During
$3,408,426
protit
Gross
purchase, payment,
applied to the retirement (by
1941
/
'
"Sell., gen, adm. exps—
Prov. for depr. of bldgs,
-
.
the
1942
,1943
'
1944
Sept. 30—<
9 Mos. End.
were
(& Subs.)—Earnings-
Bayuk Cigars, Inc.
improvements and betterments not
"
The portion of any such sinking fund payment applicable to
the
retirement of the trust bonds or. of other bonds of a. particular series
may, to the extent such trust bonds or other bonds are not available
for purchase
at not in excess,; as ,to ; principal,. of their , principal
amount, be applied to the purchase, at less, as to principal, than their
principal amount, of the trust bonds or of other bonds of any other
ing
Monday, November 6, 1944
& FINANCIAL CHRONICLE
THE COMMERCIAL
1964
Operating income —_
income (net)
$2,577,592
57,855
$3,024,156 $12,466,156 $10,580,660
43,323
208,144
108,840
income
$2,635,447
$3,067,479 $12,674,300-$10,749,500
575,267
2,972,908
2,376,139
Non-oper.
Gross
-
—
deductions
Income
1,118,726
-
promissory
and other institutional
conditional sale agree¬
ment and assignment, dated Dec. 1, 1944. and will mature in 30 con¬
secutive equal quarterly instalments, beginning June 1, 1945.
The proceeds acquired through the issuance of these notes is to be
applied to the purchase of 10 new 1,000 horsepower Diesel switching
locomotives to be built by the Baldwin Locomotive Works.
Delivery
of these locomotives is expected to be made in January and February,
including banks, insurance companies
investors.
The notes will be issued under a
bidders,
1945.—V.
160.
p.
1859.
Beaumont Sour Lake & Western
1944
September—
Gross
from
Net
from
Net
ry.
From
Gross
from
from
Net
rv.
rail Way
p.
1942
$861,219
408,097
$914,275
482,558
$755,378
130,841
313,571
165,009
109,783
income
—V.
per
the
sh.
160,
p.
.
6,621.944
$1.67
1522,
>
■
6,573,892
$1.65
19,788,325
$4.86
directors
on
^Includes
Oct.
31
declared
a
Brown Co.,
of 10 Cents-—
year-end
report for the year ended July 31, 1944, says in part:
the year ended July 31, 1944, the corporation entered into
agreement with the Bankers Trust Co., under the terms of which
the
Credit Call Agreement
with Bankers Trust Co. was modified
in the following respects.
The amount of the Credit Call Agreement
was increased
from $2,000,000 to $3,000,000; the termination date was
annual
During
F.
G.
1522.
7,478,695
3,615,033
.
927,682
2,960,765
2,539,450
1,119,871
2>Q37,337
596,610
5,407,293
extended
from
May
27,
1949,
to May
27,
1950;
and
certain changes
$2,492,212
$9,701,392
Coburn,
Berlin, N. II.—RFC Loan—
President of
the
a
meeting
$6,500,000
Of
the
27 that
of the company
from RFC which
slightly less than
company/announced Oct,
held Oct. 24 the board of directors
voted to accept the terms and conditions of a loan
action will result in a total first mortgage debt of
at
$8,373,361
the 1943
531.
p.
RFC.
owed to
$4,000,000
additional
borrowing,
$2,000,000
for
plant 'im¬
provements was authorized by RFC prior to reorganization of the
company in 1941 but has not heretofore been disbursed to Brown Co.
The remaining $2,000,000 also made available for plant improvements
is within the limitations fixed by the existing indenture securing'the
general mortgage bonds.
an
9.503,347
5,368.611
1,232,488
.
adjustment of Federal ipcqpte tax- accruals for
.
Bloomingdale Bros., Inc.—Annual Report-—
The
,
period.—V.- 160,
dividend of 10 cents
per
share,and a quarterly dividend of 15 cents per share on the
capital stock, no par value, both payable (Dec. 11 to holders of record
Nov. 13.
Distributions of 15 cents each were made on April 10, July 10
and Oct. 10,
this year.
Payments of 20 cents each were made on
June 28, Oct. 21 and Dec. 23, 1943.—V.' 160, p. 1731.
The
$1,516,721
Net income
19,416,795
$4.99
Blaw-Knox Co.—Year-End Dividend
$334,106
465,811
77,709
for
com.
inc.
period
1941
income
railway-
oper.
160,
;
1943
1—
Jan.
Net
—V.
railway-—
railway
oper.
Ry.—Earnings
Net
Earns,
The
directors
niants
V.
in
Berlin,
160, p. 620.
the completion of plans for the
fund to the reconstruction of the company's
as outlined in the annual report "for 1943.—
' - -'
'
- '■
proceeding with
are
application of the
new
H.,
N.
*
sales
Net
-
—.
Gross; profit on sales—
3;489,126
Sell., gen. & admin, expenses--—2,643,562
3,614,661
2,541,206
5,179,327
3,603,537
$845,564
$1,073,455
$1,575,790
435,452
261,126
410,668
.'income
Other
T———
.
,648,000
profit for period
Preferred
Earnings
■
common share—,
per
100,054
333,691
*$i.95
$1.32
1
.
?
//
$1.89
"
,
,
/
.
Fed.
tax
inc.
Net
profit
\
effect
of
Cost
selling, etc.,
sa.es,
Net ry,
commissions and other income—
Discounts,
'
profit..—.
Provision for depreciation..————————
Interest 6ft; unsecured ser.al notes...—.r.
Loss—disposal of fixtures....
—
yprov. for est. Fed. $nd State income taxes-
v
<■•■'
-
Net
common
per
account
surplus
to
Income
Earnings
$0.76
profits payable.—V. 160, p.
,f
■
Jan,
from '■
,"
1—
-
3Vs%, at 102.86
1943
1942
$150,100
$121,900
*43,178
*93,979
*66,611
*114,955
.
.
*822,953
V
7
cumuiatixe (non-canabie)-;^—^-;-v—---7 '.*2,903,000
cumulative (lion-callable
1,000,003
cumulative, series of 1927 (callable)--—11,100,000
7'r
6%
6%
"-
stock
Common
par)
(no
"Amount authorized
under the first mortgage
1943
1944
$485,976
Co.,
&
Stuart
Halsey,
$400,031
288,725
178,672
241,827
135,193
.
"
2,211,752
1,739,167
income
'•
railway—„_
■4116,086
*70,079
.*50,282
*48,423
1,026,596
1,071,489
each,
Arnhold and
Ross & CO;-,.
Murphey,
Favre
;•/_
Nashville
Secur.
,.150,000
S.: Bleich-
roeder, Inc.
,
Alfred O'Gara
Pacific
■
*354,883
*162,532
*691,817
*460,104
*50,631
*316,073
-
;% /
Chanute,;
Bosworth,
Monroe
Brush,
Slocumb &
Torrey
&
Cohu
&
Cruttenden
Skaggs & Co.__
Davis,
R.
Day &
L.
Co-A—
Co)-;——/'
Dempsey &
Drumheller,'Ehrlich- **
'
Foster
Marshall--—
&
Thomas
Weil &
■
Anderson
& Son, Inc.__
Hartley Rogers & Co.L
Heller, Bruce & Co.i-j
Weeks--
Hornblower &
W.
Inc.
-
—V.
$100,000
200,000
.
Cummins,
-100,000
150,000
.
'.'
-...
100,000
;
——
Vvooclard-Eiwood & Co.
100,000
————
■
-
*
Yantis & Co.,
S.
Inc.
•
•
■
.
Operating revenues
met)
Subs.)—Earnings—
1944—12 Mos.—1943
$615,526
$6,779,859
$7,015,570
294,018
—
———„
,
•
Net
oper..
3,373,706
3,399,413
731,008
,
55,263"'
income
Interest
Amort,
Amort,
Misq*,
*Prov.
,
595
465
.—
$2,642,847
98,927
588,118
4,520
tax.
1,196,111-
557,...
•
71,831
Cr3,371
Cr241
debt
deducts..,
Fed,
lor.
,
"7,120
——.
1.8,622
18,758
*
Net'income —' $104,515
*Including excess profits, tax.'
$103,468
15,
1943,
th^
636
695
800
264
219
3,050
/'vl/'/.//".%/-/--/..
30,299
45,220
19,550
t$29,308
of
tax
company
*$56,398
the
for
The
Notes—(.1)
of
first
profit
net
compared. ..witl;
months
$16,200
for
a/net profit of $223,818
$149,240)
$58,718,
••
.
a
for
net
(after
months
nine
.
1943.
the? nine
for
income
tion
of
its buildings,
the cost of
of
.
..
the
(31
company.
of
profit
in
ue.crease
income tax
was
made
the- third quarter of 1944 (before
with the second quarter of
for
adjustment)
,
compared
largely due to a decrease in sales of certain special, castings
cast iron for use by the armed services.
The sales of cast
.
company's principal product,, are still at a reduced
because of governmental regulations limiting the sale of thi3
material,'says Frank E. Seeley, Treasurer.—V. 160, p. 428.
pipe, ;the
iron
of
class
ry,
From
$1,915,783
1,022,718
621,791
418,063
555,223
655,766
484,799
railway-
29,523,876
20,459,499
16,088,170
8,578,797
.28,017,382
10,946.831
6,603,546
4,530,548
Net .ry.
—V.
4,991,98.1
6,843,941
4,890,058
3,121,160
...
1—•
Jan.
from
from
1941
$3,610,232
1,220,448
from
Gross
1942
$3,090,092
689,980
railway
oper. income—
Net
1943
$3,053,660
—.
railway
from
Gross
Earnings—
1944
September-
Net
and equipment and not
these assets are carried on the books
railway--'.
oper..
160,. p.
income—,
1523.
.
Central RR. of New Jersey-—Earnings1944
Septembei':—
Gross
Net
from
from
1943
1941
1942
'
$5,001,790
$5,472,909
$5,156,333
$3,873,260
1,309,794
railway-
1,539.115
1,877,590
1,227,618
railway
496,813
713,393
ry.
$1,321,429. $1,106,032
.
■
.
/
.
sold to the Imperial Irriga-
oper.
From Jan.'
Net
from
from
Net ry.
—V.
railway-
railway
p.
1860.
395,126'
1,119,126
-763,711
-
oper. income
160,
507,152
income1-—
46,098,883
*
'
48,081,933
42,458,575
32,287,802
11,905,502
%
—
—
13.932,709
13,373,061
9.368,347
4,176,798
5,008,249
6,439,747
4,211,501
9,869
'
■,.•;
'
'
/-
._/
'
2,375
5,547
7,457
,
'
318.000
98,000
-
—
—
—
deducting
reserves
of
account
fOn
SAfter
preferred
$11,500
of
shares
New President— ''
common
/•.
Net
ry.
from
from
Net
ry.
—V.
160,
-
" ',
'■•'/..
■
in
issued
->:v
%;•:■!.
.
Ry.—Earnings—
1944
1.943
1942
1941
$302,664
$322,063
$267,609
96,977
83,422
133,867
23,127
22,878
60,844
83,695
26,917
3,494,642
3,305,207
2,010,974
608,232
2,910,687
1,170,139
income—
/
;
railway.
1,260,897
railway—.—
oper.
be
to
'■■; '
$347,069
railway-
From Jan. 1
Net
stock
/'!//"•
;'•"■
V
railway.
oper.
for
Vice-President of Moloney Electric Co.,
President of Champion Shoe Machinery Co,—
elected
150, p. 834,.;
from
-
■/=-.•
Charleston & Western Carolina
from
exchanged
formerly
Kaiser,
recently
be
to
Above outstanding stocks include 472 shares
8,577.1
and
include
$31,555.
of
amortization
issues
bond
two
tAt cost less reserves, of
and
includes other credit
of $11,592.
purchases,
for
reserve
securities previously issued.
Robert..'B,
V.
161,478
$996,088
595,201
income—;.
646,845
2,528,474
1,051,730
641,534
1523,
p.
Chesapeake & Ohio Ry.—Seeks Bids on
Equipments—
received Nov. 16 on $3,600,000
equipment trust certificates to be dated NPv. 15, 1944.
The certifi¬
cates, maturing in equal annual instalments from Nov. 15, 1945, to
Nov. 15, 1954, are being issued to finance, in part1 the purchase of new
equipment costing $4,658,374.—"V. 160, p. 1732. ,
,
,
The
-
company
bids
inviting
is
be
to
RR.—$40,000,000 Bonds
Chicago Burlington & Quincy
Offered—A banking
syndicate headed by Morgan Stan¬
of $40,000,000 first and
bonds, series of 1974, at 1003/4
ley & Co/offered Nov. 3 an issue
refunding mortgage 3%%
'
and interest.
"on
issue was awarded
The
mitted
Tne
Federal
1944
machinery
/•"■,.
/
————„———„—
"After
was
1942.
the first nine months of 1944 was
loss of $163,53.2 for the first nine
.«
/
.%
t-/—
*
debenture bonds-r„—
exchange for
deducting Federal income
of
13.640
Total
of
adjustment
No; provision for„ Federal. income .tax is [considered necessary for
months ended Sept. 30,. 1944,; mainly due to, the fact that,
tax purposes, the company is permitted to base deprecia^
H,2)
.
of
4,089
■
——
1—•—
•
$130,000.
$129,305
.
J$933
tBefOre. credit
pared .with
1935647082
,
72,300
13,350
18,759
3,006
—
—
-~r—.
_
Gross
827-
$22,985
———
—,
:/-,■
Capital stock and deficit:
; ',
/
—513,600
f)%;■.preferred stock (par $50)'—158,998
Common stock (par $f)___,./_li-,—
of Federal income
tax for first half of year,
fBefore reversal of $23,125 Federal income
tax odjuatment applicable to the first half' of 1944.
Net...net loss for the first, nine-months of 1943 was;$163,532, com¬
Gross
.
Note—As of Oct.
/ 7,090
- • ••
• -
income .tax—'
Loss;
.'J:
■
Matured
11,431
Not profit
■;/
Net
57,300
-
$262,105
9,846
'
on
62.280
income
$2,889,409
/
&
—
of prem. on
inepme
$266,245
46,046
disc.
$2,885,149
4,260
$2,620,927
21,920
$266,710
5,895
/
—•
:
—
of, debt
expense
785,226
$213,157
$212,562
revenues-
income, (net)
Gross
$89,917
8,552
——288
Depreciation'
Federal
;,'i
payable
September-
*$33,597
353
.
—,
Net
$27,897
oper./ .'
disct. &
expensesinterest
Net
$565,251
Non-u,tility costs & exp.
Other
•
$13,500,000
Utility oper, revenue de~
ductions
debt
of
Amort,
•;
payable
Gross
1941
''
-
——20,180
.—
—
Interest on bonds:
•
;
486,225
.
—
—
$996,088.
Commissions
—
1942
1943
1944
Central of Georgia Ry.
(&
1944—-Mdnth—i-1943
Period End. Sept. 30—
■V '
Interest on funded debt
yolume
.
California Electric Power Co.
,
'
150,000
—•
'i
160, p. 1859.
Note
114
——
charges
bonds of previous issues.
(& Subs.) —Earnings-
145,611
;———.•
,
Note—Above
,
Corp.
>
the written down values at which
-.100,000
100,000
100,000
Sanford
150,000
100,000
.
Moran & Co.—
Morris Mather & Co.—
Corp.j
White-Phillips Co., Inc.;
Wood & Co._
F.
Corbett, Inc.——'----
Mason,
'..250,000
—
-Harold E.
&
Burns
Martin,
&
• ■•
White, Hat tier &
1,000,000
C, Langley & Co.—
Co
Arnold—/
Wheelock
750,000
Gregory
&
Welsh, Davis and Co.—
200,000
300,000
100,000
200,000
Green, Ellis &
"•/
200,000
200,000
Boyce—
Wachob-Bender
100,000
100,000.
--
&
Bros.
Stein
•
,
,
Co—_
man
I
V'
150,000
Deane &
Scribner
150,000
200,000
i 250,000
■
/■.":■■'//
■
Other
Inc.
Singer;
200,000
200,000
,
Co
1,000,000
100,000
Co.,
«fc
Minton
Sills,
100,000"
Securities Corp.__
City
;
'/
Net income from
Robinson-Humphrey
Co. —J; / 200,000
L. F. Rothschild & Co.
1,000,000
100,000
500,000
Co.
Co.,' Inc.—,/"
&
Burr
——
Calif./- :
&
'
219;
80, .1941
—
balances.
Sought—
Financial
(Mo.)
•/
Co.
%•../,'■ :
209,917
Accounts (payable
.
150,000
100,000
and Co.
Braun,
100,000
Co.'—'
,100,000
Writer &
■ ';././;.
Christensen, Inc.--—'
100,000
Quail & Co._—100,000
"
;
Loughridge & Co.__-.
Trading
&
3 Mos. End. Sept, 30—
200,000
.
Peters,
100,000
100,000
Leary & Co
Co..—
& Co.—
of
Co.
Investment
Central Foundry Co.
250,000
100,000
•.
Co.
Park-Shaughnessy
100,000
;
Inc..
;
Boettcher and Co.—.—
Barrow,
&
Otis & Co
150,000
200,000
Jones & Co, ;
Whipple & Co.;
The Bankers Bond, Co.,
Atkinson,
Bacon,
p.
/'.
'";•/.:;
tlnventories
1,043,549
has made available to the
Bankers Trust Co., as agent, 16 Wall St.,'New York. N. Y., the sum
of $600,000 to be used for the purchase of Caribbean Sugar Co. first
mortgage 7%; bonds, due Augc; 1, 1941,%at the lowest prices for which
the bonds may be tendered to it.
Bondholders have been invited to
submit tenders,,on or before Nov. 29, to the Bankers Trust Co., New
York City, or to the Bank of America National Trust & Savings Asso¬
ciation, 300 Montgomery St., San Francisco, Calif.
Forms for sub¬
mitting tenders may be obtained at either of these banks,—V. 160,
Manopla
voted upon then.-—V, 160, p; lUn.
Machinery
Shoe
Sinking fund for retirement of bonds—cash
Property (less reserves)
•'/.•:■/•
railway—.
Rawson G.
of the com¬
Oct. 31,
on
$133,688
$126,206
*16,112
Caribbean Sugar Co.—Tenders
$100,000
Mullaney,
"
—
Nov, 10,
on
———'
10-year 4%
$123,543
ry, opeir. income_l_
*737,459
Deficit.—V. 160; p. 1523. v
;: /,
*
held
Receivables
1941
*29,728
1,128.011
railway*372,570
from
Net
TO 42"
$130,896
oper/income__^; -%/•%;;'"
from
4
V
1944
.$139,882
*19,676
From Jan. 1
Gross
'1043
*66,379
from 'railway;—.j.
from
Net ry.
./" Amount
;.
on
had
stock
fDeposits by customers.-.
10-year 4% first mortgage bo^ds—
V erMont—Earnings—
Pacific Lines1 in
September—
and the .re¬
Hutchinson
share
per
Corp.—Meeting Adjourned—
stockholders
of
Liabilities—.
2,812,791
900,305
550,841
1,512,108
1,140,391
railway-——i l
oper.
meeting
Balance Sheet, April
.
''
$1.50
payable Nov. 21 tp
distribution was made on July 8,
similar
A
of
share,
per
Salaries and wages payable
l-,739,590
Gross
,779,300
4,576,100
Co.
&
v
250,000
Emerich & Co.,
Inc.'
;
'
.
McMaster
'
$2,150,000
Inc.
Ames,
Name—
Amount
Name—'
$205,450
25,462
*4,341
$559,218
income.___
3,737,306
Net
2,437,300
severally agreed to be purchased by
['\- ■•/' ."'v //v
follows:
dividend
a
Assets—
1941
1
...
spective principal amounts
as
1942
*7,973
railway
*
and deed of trust secur¬
these bonds is unlimited in expressed amount.
Undei writers—The1 .name of each principal underwriter,
•
sh^ire withheld for Cuban 5% divi¬
■§ Patents
railwayJ—,154,570
from
special
a
Deferred
.
Canadian
;
ing
are
106,231
*440,278
1,126,138
♦Deficit.—V.. 160, p. 1523. v.,
—400,000 shs. 312,000 shs.
:
:
1,418,301
15,738
4,865,368
2,62a,000
Capital stock (par$100);
14.
to 2,600,000 shares will be
$207,598
15,15(1
*37,023
*643,074
-railway-—"J:; 4,499,116'
Net
$13,500,000
1945-1952-——..———$3,500,000
due
notes,
,
1,653,100
1,290,600
.*454,666
*951,801
1,409,000
.*329,167
Net
Serial
Nov.
Champion
*
income
160, p. 1396.
oper.
.Net ry.
Present Financing)
Authorized Outstanding
1974, 3Vs
bonds, series due Nov. 1,
First mtge.
:
*
••
only one payment was made, $1 per share
of 5 cents.—V. 159, p, 2631.
tax
Statement—
1941
$125,600
*52,574
*101,522
...
railway/—2,
from
from
ry.
Gross- from
$13,500,C00 first mortgage
Int. To the extent that the
the above purpose, general funds of the
• ■
. ■
,••■■•/• -■//■
(Adjusted to Give Effect to
Capitalization
•
1944
From Jan. 1
$13,6167782) towards the redemption of
bonds; 4% series due 1966, at 105% plus'
proceeds are insufficient, for
will be used.
./
'
Canadian Pacific Lines in Maine—Earnings—
Net
101.459, 'and Lehman Bros., 100.046.
.
z..
Purpo e of Issue—Company intends, simultaneously with the issuance
of the bonds-now offered, to apply pth«F net qptoceeds-'testimated at
company
record
1943,
common
1
railway—.
Net
Co.,
net
of
In
.
income.—'/'
oper,
ry,
Gross
:'/
Halsev, Stuart & Co, and associates won the issue Oct. 31 with a
bid of 101.70 for a 3V*'// coupon.
Other bidders, each of which named
a similar coupon, were The First Boston Corp.,
101,539; Smith, Barney
&
1,37.7,990
v
Stuart & Co., Inc., headed a group of, investment
bankers which publicly offered Nov. 2 $13,500,000 first
due Nov. 1, 1974,
declared
1
net amount, of $1.42%
a
shares
655,735
"Loss.—V.
sey,
mortgage bonds, Series
and interest.
\
Nov.
on
:
-
Sugar Co., S.A.—$1.50 Dividend—
indicated their approval of amendment of
the articles of incorporation/and holders of 1.7% had indicated their
oposition.
Approval by holders of 66%% is required for amendment.
The
plan will be brought up again
at the adjourned meeting on
Nov. 21.
An increase in the authorized common stock from 1,000,000
549,153
;
.
railway—*™
Net. -from
Bonds Offered—Hal~
—
.I860.
p.
pany's
-$0.81
•
will
Lizars, Chairman of the Board, stated that holders of 61%
1,370,419
725,969
September—
California-Oregon Power Co.
1,405,092
612,225
oper.
Gross
753
-
532.
81,863
1,586,357
from
(
"No excess
59,030
418,676
ry.
$110,545
$109,720
—
86,825
390,682
160, p., 1523,
Net
share...—.
or
Cuban
At
73,256
547,590
From
79,913
80,452 "•
75,539
484,948
Net
1,032
."'■•;/
69,029*
"
income—
oper,
Net
36,082
2,715
3,341
last.
<
.railway—w
SeptemberGross from railway.—•_
61,781
40,910
directors
tax,
holders
Canadian National Lines in New England—Earnings—
$228,325
$237,138
operating
Net
financing,
capital stock, less 7.5 cents per
dend
1941
$166,544
%
71,029
The
the
$172,252
railway.-——'!.
from
from
ry,
1942
$173,061.
56,736
4
From Jan. 1
-
—V.
$8,23.4,918
8,068,374
$166,103
the
Cortain-teed Products
1943
$166,554
48,256 '
income.
oper.
Net
Sept. 30, '44 ,»Oct. 3, '43
•v.,'
160,
Central Violeta
1859.
1944
railway.
Net .from
f//j/
1__
profit—.'——
Gross
160, p.
$139,362
•
—
from 'railway——*
Gross
Net
$9,348,400
expenses^..____v:_u-%'. 9,182,291
Sales;
$927,212
•
September—,
■■h
Gross
: '1
of
Cambria & Indiana RR.—Earnings—
.
v
Ended—
9 Months
$930,568
thereafter.
the company
dividend
have out¬
Aug. 1,
1, 1973;
shares, and 323,000 shares of common stock without
preferred
value.—V.
par
less
%
Co.—Earnings—
(P. IL) Butler
,
415,000
1944 period.—V.
for .the
earnings, reported
the
on
.
1523,
618,000
$1,166,207-
$1,072,137'
—
528,563
684,000
577,305
(est.)-—
accrued
share and
a
completion
885,262
Note—It is not expected that any renegotiation under the provisions
of the
National Defense Appropriation Act will have any material
debt Redeemed by Niagara
Hudson System companies, since Jan.. l,. 1944, to oyer $26,000,,000, ,of
which the western division companies of the, system have redeemed
160, p.
37,856
(354,099
1,339,049
372,161]
—_——...
dividend
$6
$7,000,000-first mortgage 3 \k '/<• bonds, series B, due
1966; $500,000 first mortgage 3%% bonds, series C, due Dec.
2
This
$7,357,,500.—V.
$105.50
Upon
$2,756,037
$2,504,799
{602,132
459,5281
•
Depletion
% '
■.
at
10J..898,
charges.——z.
Other
Depreciation \
received from the U. S. Treasury Department
annuity retirement plan.—V. 160, p. 1859.' ;i, 1
York, N./Y..///'.. '" ;',,,/ '
brings the total amount, of funded
$2,727,798
28,239
$3,189,256;
$2,583,029/
Total, income
.
with other funds-of the company,
preferred shares remaining
together
sale,
redeem-the
to
standing
accepted, and
contract terminations have been
war
397,211'
—...
3,582.901
$2,400,697
"97,313.
104,102
$3,091,943
$2,185,818
,
$6,310,699
5,777,821
9,634,536.
8,548,189.
metals: sold—
the
from
used
be
unexchanged.
The redemption will take place on or about Dec. 4,
1944, at $107.50 a, share and accrued dividends.
The new preferred stock is redeemable on 30 days' notice at $107.50
a share and
accrued dividends il' redeemed prior to Jan. 1, 1950, and
.
Electric Corp.—Bonds Called— ; v v
There: have been called for redemption .as of Dec, 1, 1944, a" total
of
$800,000- of outstanding
general and refunding mortgage 3%%;
bonds, series C, 1 due June 1, 1967.Vat 105% and interest;
Payment
will be made at The Marine Trust Co, of Buffalo, trustee, Buffalo,
N. Y,, or at the ofiice of J. P. Morgan & Co. Incorporated,. 23 Wall St.,
•
will
1941
.
Operating gain
Buffalo Niagara
New
from
Cost ,Of
Note—Renegotiation proceedings under the War Profits Control Act
been compietect(through vne year ended.. Detf., 3.1,. 19.43, .4pd,; if
has been determined that profits from war products shipped prior to
that date were not excessive. «• The .company' has been notified that
claims .under
(& Subs.)-—
—%'
"
Other income
•••■.
$6 dividend preferred stock. The exchange offer ex¬
pired Oct. 30.
of
Sept. 30—
: 1944
1943 . ;: ,
1942
metals' sold. $10,734,007 $12,726,479
$8,178,518
9 Mos.,End.
Rev7
(have
approval has also been
of the company's, group
of 4.15%
Proceeds
(
Preferred
—
ing $6 dividend preferred stock on the basis of one share
preferred stock and $5 in cash for each share
$1, payable Deo. 1 to holders of record Nov,
par
Earnings—
333,566
giving
March, 1944.
declared on the
15. A
June 1 and Sept. 1, this year,
of 10 cents per share has been
5)
(No.
stock,
Corp.
Nov. 2 19,580
unexchanged shares of 4.15% cumulative ($100 par)
preferred stock at $102.50 a share. The shares represent
the undeposited portion of 37,856 shares of new preferred
stock offered to stockholders in exchange for outstand¬
•
for
reservei
Its
■
Calumet & Ilecla Consolidated Copper Co.
effect, to special credits of $276,000 for reduction in
doubtful accounts., flncluding $267,642 representing reim¬
bursement- of costs incurred in 1943 on war contracts terminated in
After
*
.
date.
dividend
A
common
$940,458
100,054
$686,581
100,054
334,316
,
z/—:
above
the
Service
Public
Vermont
Stock Offered—Blyth & Co., Inc., offered
1,046,000
$696,016
—
dividends'
dividends
Common
Central
Valley and
Common Dividend—
$1,986,458
.
Net
•
to
like amount, was disbursed on March 1,
and on Dec, 15, 1943.—V. 160, p. 1731.
$1,334,581
Profit from operations'—.-,—$1,281,016
Prov, for Fed. inc. & exc. prof..tax
585,000
,,
and business in Coachella
electric system
Imperial County retaining the Palm Springs-Point Happy area, the
Niland-Blythe line and territory, and service into Mexico. The results
of'this transaction are reflected in all operating figures subsequent
1944
1943
1942
$11,561,578 $11,942,358 $13,537,728
Sept. 30—
District its
tion
(& Subs.)—-Earnings
Brunswick-Balke-Collender Co.
9 Mos. Ended.
1965
FINANCIAL CHRONICLE
THE COMMERCIAL &
Number 4331
Volume 160
by
for
interest
an
Dated
Aug.
bid of 99.137.
The only other bid, sub¬
and
associates; was 100.2699
Inc.,
of 3%%.
coupon
1,
a
Stuart' & Co.,
Halsey,
1944;
due Aug.
.
1, 1974.
Interest payable Feb. 1 and
in New York City.
Redeemable at option of company as a
whole or in part on any interest date on at least 60 days' notice.
The issue and sale of these bonds are subject to authorization by
the Interstate Commerce Commission.
..
..
In the opinion of counsel, these bonds will be legal investment, for
savings banks in the States of California, Maine/New Hampshire, New
Jersey, New York, Ohio and Pennsylvania.
,
. ,
,
Purpose of Issue—The proceeds from the sale of these bonds will be
used, together with funds to be provided by company .to the extent
required, to retire on or before Feb. 1, 1945, $40,000,000 first and re¬
funding mortgage 5% bonds, series A, due Feb,' 1,, 1971,
Aug.
1,
Summary of Earnings
..
Ry. Oper.
Fixed
,
'
<■
Net"
$13,869,482
Charges
$9,414,722
82,925,209
11,271,003
9,428.159
98,082.411
14,652,556
100,151,212
93,070,136
14,590,856
13,405,751
9,495,392
9,683,602
9,763,988
96,131,794
13.306,804
9,645,465
3,641,763
3,661.339
97.631,242
14,051.015
9,658,151.
4,392,864
9,810,458 ' 10,419,142
9,800,448 .28,646,920
Revenues
—
—
—
-
-
1939—:
*Last
for Fxd.
$80,288,159
Years—
*1944,.—
'
Inc. Avail.
..
Calendar
—
Charges
117,521,355
•
38,447,368
217,952,483
24—
.mil
20,229,600
165,289,325
—
37,200,006
237,196,000
34,655,000
three months estimated.
.
•
Income
$4,454,760
1.842,844
5,157,164
4,907,254
8,968,742 ,28,231,264
8,912,000. 25,743,000
company's
to this financing and the refinancing of the
Division mortgage bonds, aggregates approximately
effect
Illinois
'which
with $9,564,643 interest charges
conditional sale contracts) in 1941,
interest
on
<■1
$7,050,000
(including $230,178
compares
Y-
1944
'Y
railways—I
September—
from
Gross
•
from
Net
ryr oper.
1943
■
1942
-
655,366
.
613,374
344,913
income.—
$2,233,199.: $1,921,911
•
696,201 " ) 539,917
464,285
266,568
$2,674,682.
1,098,175;
$2,376,685
•■■
$
■
Operating revenues
Operating
Y:_
expenses
::
3,519,618
——•
4,269,000
—
■
$
..
36,064,351 166,057,663 153,196,403
18,613,290
76,468,530
70,640,396
2,853,814
13,428,297' TO,575,058
37,511,802
17,195,153
'—J■'
Maintenance
1944—12 Mos,—1943
1944—3 Mos.—1943
period End. Sept. 30—
1941
"
■
railway—
Net
». •
,
Earnings of Company Only
Chicago St. Paul Minneapolis & Omaha Ky.—Earnings
outstanding Oct. 31, 1944, but
funded debt to be
Annual interest on
giving
Monday, November 6, 1944
& FINANCIAL CHRONICLE
THE COMMERCIAL
1966
'
-
completion of this financing and the refinancing of
company's Illinois Division bonds (which has been contracted
all
the
Net -from
the
Net
public
mortgage bonds due 1958,.the $40,000,000*first and-refunding
3%% bonds series of 1974 now offered, $29,800,000 first and
$41,400,000 of collateral
1977, and
mortgage 41/aY' bonds series B due
trust notes and bonds due by 1969,
funding mortgage, $3,75.0,000 pledged to,secure other
$65,247,000 outstanding in the hands of .the public).
There
of the general mortgage.
v
have
6,020,996
4,024,485
3,325,949
1,247,407
:.
2,456,095 ■•■3,691,086
called' for redemption
been
Clinchfield
2,084;700
$1,141,013
580,098
income...
'U. " I
ry. oper.
From Jan. 1
.■ V;
Gross from railway
v
Net
from
Net
ry.
—V.
sever¬
company at such prices
bonds set forth oppo¬
jointly,"to purchase from the
not
interest the principal amount of the
their respective names.
site
>
.
Morgan
Blyth & Co.;
Corp..
First Boston
■The
2,950,000
.
2,950,000
Goldman, Sachs & Co—
Harriman Ripley & Co.,
160,
349,591'
Fenner
2,950,000
kuhn, Loeb & Co..—i.
Brothers
Lehman
Smith,
2,950,000
_—
•
Salomon
/;
Bros._ & Hutz-
2,000,000
Co;. ; 1,650,000
Moseley & 'Co,JY. 1,650,000
Hemphill, Noyes &
F.
A.
'*
•
S.
.
s
Whiting,
& Co.,
Becker
G,
.
.>,
1,100,000
.
777 ^77Y;<7;'-
;
Ner
$20,609,940 $18,766,117
7.687,642
8,381,545,
railway.—....
from
1,038,872
1,952,627
income...
Not ry. oper.
1943
1044
•'•
Net
—V.
177,346,463
from -railway-::...
Gross
Net
ry.
income,.;
i860. >
oper.
1—V., 160,
p.-
.
Gross
bid
Net
from
from
:
fields
7,//;-
.
1943
1941
1942
'
301,018
7.453,449
2,489,261
1,723,617
,lv>
.
3,944,647
.
'1943
:
'<•
1843
1944
•;
1942
"
Prof,
.
u
1397. ■
p.
4,041.
*5,063.
.,
Fed.
bef.
& ;exc..
.:.
1,045,019
122,882
80,986
>
■..
25,374
.
r
—v.
'
■
.
635.335
1,028,659-
1,085,274
470,778
817,373
377,855
22,696,225
22,341,562-
6.861,838
8,681,638
2,814,013
18,487.923
6,509.849
2,149,834
15,777.532
5,457.214
2,377,065
•
$0:74 "
$0.29 >
$0.30
160,
•
income..^
1523.
p.
;
■
■ ;
533,
$1,983,029
$0.75
kilowatthour
the
are
comparisons with
percentage
Change
1944
191,253,000
191,845,000
—0.3
186,525,000
Net
from
Net
ry.;
Y
"railway
from
Gross
inceme...*
.78,763'-
.
'v:'Y ">
Gross from railwayY.J : ■ 5,332',219
Net from railway.li-._Y
2,155>839
Net- ry. oper. iucome..! ■...
733,833
—V. 160, p.
1523; ' ,
From Jan. 1—
.
1
.
;85,201
$523,121
.225,658
$528,270
245,432.
179,542
4,749",863^:■ 4,553,099
1,9^4,957
1.810,015
744,868
717,150
'..>■,;. -"
191,288,000
187,261,000
7.-——. 193,196,000
180,940,000
Commonwealth
weekly
The
ofthis
Chicaga Indianapolis &
Louisville Ry.—Earnings—
•
Net
$1,053,508
403,301
$996,774
331,891
141,856
266,857
232,968
Income...
1—■'-
Jan.
•>'-
1942
1943
$1,116,865
304,463
railway—-
from
Net ry. oper.
From
1944
•
;■■
1941,
$982,199
407,989
> 277,293
1943,
'■
10,310,037
9,694,528
8,428,112
7,868,367
railway........
3,380.397
3,574.691
2,5u6,464
2,666,766
2,653,076
1,665,963
1,462,423
Net
from
Net ry.
—V.
income
oper.
160,
1,983,965
..
1523. >
p.
•
.
Chicago Milwaukee, St. Paul & Pacific
*
RR.—Earnings
'
•
1941
September—
1944
1943 "
1942
from railway.... $20,511,839 $20,548,401 $17,573,928 $13,552,116
,
directors
the
on
.Gross 4'ram-railway.^..
kilowatt-hour output of electric* energy of subsidiaries
adjusted to show general business conditions .of
Consolidated Laundries Corp.—25-Cent
The
Output—
served for 'the' week ended Oct. 26, 1944; "amounted.' to 251,as compared with 250,182,593 for-the corresponding week in
increase of 1,491,862, or 0.607cV.- 160, p. 1860.
.
- Y
:
an
Oct.
on
stock,
common
distribution
similar
declared
30
a
Dividend— ;
1 to holders of record Nov. 15.
Sept. 1, last, as; compared With
made
on
A
-20
15 cents -on March 1,,41944: In 1943, only
viz: 25 cents on Dec. 1.
W. B. Dean, Secretary, stated that the latest', report on operating re¬
sults during 1944
covering the first nine periods (four weeks each!
ending Sept.-9, 1944, showed profits earned at the rate of $1.35 her
share of common stock outstanding, compared with 16 cents per share
in the corresponding period of 1943,—V. 160, p." 1524,
'
I
cents
one
June
on
1944,
1,
payment was
1,281,441
803.602
10,572,158
• 1,125,000
f $5,418,199
$5,909,591
1,290,093
1,290,093
4.924,700
4,924.699
8,273.696
1,125,000
16,120,170
1,123,000
$6,392,502
1,290,103
5,433,182
_„Y
($796,594
t$3C5,202
10,201,099
$9,404,505
$9,481,601
$1.63
30..Y.
($330,783
9,786,802
$1.83
Y.>Y.:Yi..._
•
$7,362,376
1.290,125
:
5,692,500
.
'
'
$379,752
14,858,846
9,847,016
$9,516,233 $15,238,598
sh. on 2,530,com,, stock
shs,
$25)
$2.40
$2.01
$5,260,000 in 1943. $11,200,000 in 1942
and $3,735,000 in 1941 for excess profits tax and $738,944 in 1944.
$902,158 in .1943, $1,020,170 in 1942, and $1,125,000 in 1941 for taxes
.other than income.
(Deficit,
fOn. the basis of earnings for the
first
nine months of 1944,
it is estimated
that the company will
benefit
of
in 1944,
$250,000
from
unused
the
the Federal
income tax
carry-back-provision
credit
profits
excess
$330,000. This amount
equivalent, after preferred
stock.—V. 160, p. 533.
laws to the extent of
is not included in the above figures and is
Curtis
and
(& Subs.)-^Earnings—
Publishing Co.
1944
Sept. 30—
revenue..,.,.__Y _Y
Gross
operating?;
Earns.
Reserve
for
income
Federal
for
Reserve
income
State
7,553,987
3,168,000
prof, tax
"
160,
■
'•
>
...
$464,393
:
$3,403,989
$2,569,184
'
726,
p.
72,000
8,421
168,016
•
.
Net -earnings;
—V.
238,553
•
544,819
5,527,505
1,955,500
•
1,558,250
tax.-.
taxes..:.
•
Reserve for Federal excess
1942 : Y
1943
-r
$50,424,129 $46,216,525 $36,923,493
bet Fed. & State taxes on inc.
■•:-;•
>
Cutler-Hammer, Inc.—Earnings—
'
9 Months Ended
Sept. 30—
profit
Gross
Selling
for
for
Estimated .Wisconsin
income
269,322
608,572
711,682
adjustments,'renegotiation
post-war
962,797,
298,218
v
*
other- contingencies.........
and
«.
901,256
expenses...—x—
depreciation and amortization...
Social/security and unemployment taxes...:..
Prov.
$9.825',653 $13,174,425
1,547,301"
1,648,842
.
expenses
and administrative
Provision
1943
1944
'
/■
General
,
cents per share
dividend of 25
payable Dec.
was
'
$23,637,672 $16,761,073
1,215,000
dividends
«
1941
'
$22,834,070- $15,479,632
940,821 >
4,651,944
taxes:
;
1542
$11,285,142 $17,606,749
9 Mos. Ended
corporation,
territory
674,455,
September—
• ' - '
Gross from railway.;....'
Southern Corp.-r-Weekly
&
,
companies) ;• Y
1943
916,686
dividends
per
000
+ 6.8
781,016
•
.
.
2,853,971 ; 2,85.",07l
$1.87
■*
$2.51
Co.—Earnings—
'
+2.2''
;
.
;
,-■» '
Arrangements have been made under which holders, of >3y%"'n bonds
series
"I" called for redifemption Dec. 5, 1944,-may obtain. immediate
payment with interest to call date at the Guaranty Trust Co. of New
York, 140 Broadway, New Work, N/Y?
See V. .160, p. 1860.
3,870,753
1,619,560
.
14
Prepaying Bonds—
5,096
•:
■
—190,705,000
Oct.;
1941
1942;
225,112
$580,155
>
239,897
railway.-.....:
oper.
1943
$545,742
1944
■-
:
dividends, to 13 cents a share on common
21
Oct.
Ry.—Earnings-
28..
Oct..
Chicago & Illinois Midland
$7,381,502
^5,353,762
.-
: +2.2
Y
Ended—
Week
.
1943
9,432.191
7,943,653
operation.. $10,368,456 $16,665,928
State
Surplus
;.' • •"
>,
2,853.971
"
$1.63
1944
Surplus, Dec. 31
(par
from-the corresponding period of 1943,;
output totals of the ; past four weeks
last year:
1944, showed a decrease of 0.3 'fc
and
$4,644,167
(Ihcl. its subsidiary sales
•
profit
Common
.
>
■
v'
income
and
Earn,
1941
>
1734.
p.
Depreciation
Net
'
'
1942 '
.
income Y.;——
•"Fed.
219,460
104,546
1944, through
1,
.
2,853,971
share.$2.09
v
Total
Oct.'
September—-
160,
Other
Electricity output of the Commonwealth Edison group of companies,
excluding sales to other electric utilities, for the week ended Oct. 28j
Following
2,207,331
-
Subsidiaries)
1943
'
--$5,964,799
per
Profit'from
Co.—Weekly Output—
Commonwealth Edison
r
-
Debentures—k.
>>>;'■ >>■>-■'
J- •-./
•>-•'
'•
14,184,030.
9,518,990
stk.
common
.*Includes
362,747
1—
railway....
oper.
Ucprec; &
par)—
•;
■
2,636,878 shares of common stock.—V. 160,-p.
,;'On
>
234,104
railway
of
40,809
985,417
1,001,289
159,873
59,427
>' 1944
> . >
inc. and
profits taxes.;.
14,001
n
29,109
g
,r$768*305.-.. $1,959,555
$802,127
share...
smallest.—
Inc.—Earnings—
Can Co.,
9 Mos. End. Sept. 30—
(& Subs.)—Earnings—
1944—9 Mos.—1943 •
$6,303,255 ,$6,411,779
: > ~ «• ■•;. ■
;
-. >'.
1,774,850" " 4,343,700
4,423,150
1,777,200
taxes
the
in
York, N. Y.—V. 169*
'■>;;■
Corn Products Refining
'>
,
..
profit __-___v___Y
per
completed
«'$20,148,829 $14,163,157 $13,297,415 $16,803,693
Earnings
1944—3 Mos.—'1943 '
$2,579,327
$2,543,155
taxes...
■
.
trustee, 11 Broadway; New
profit.
($20
/;■'
Solvents Corp.
Septe 30—,
Federal .income
profits
,1941
railway.,—
from
before
Net
1941
$130,403
'
$141,781
46,321>
$109,758
'
.214,377
income-.^:' ''
Commercial
was
redemption as of Dec.
for
■■
taxes-
excess
-,
1942
r
-
called
Sept. 30—
*
2,355,520
A
There were 80 purchases
(Including Wholly-Owned
>
Shares
10,250.310
1,216,454
railway.:..
Period End.
offering
Corp.—Calls $750,000
Deprec. & est.
5,887,527
1,586,902
764,399
*370,330
.
301,354
•
$700,207
.216,184
,123,200
$1,01-8,880
-;>,
12 Mos. End.
»
*
•
-
455,552
—
sinking fund, $750,000 of outstanding 15-year con¬
sinking fund debentures due June 1, 1951, at 101 Vr
Payment will be made at The Chase National Bank o£
■
Preferred
•
Oil
been
interest.
>
-
■■
$1,997,882
from
-V.
producing
on
'
$1,250,905
1944 "v;
:
:
160,
Offering
the
of
Continental
• ■
railway
/'Earnings
oper.' income...
ry.
•, Y>
have
3:/i%
1860.
1943; £21,622 in 1942, and
■
.
■i-Loss.—V.
85,695,395
27,019,9^7
14,603,656
$2,409,527
From Jan.
fet
and
Southern Ry,- -Earnings—
>.. :
railway_.il"
Net- ry^oper.:
$18,080,867,$10,950,079
7,276,804
3,901,981
6,103,859
2,191,548
$2,546,008
from
fet
in
'
'
$2,374,815
railway
from
(ross
expenditure
drilling
,
.
commission of 50 cents per share
a
The
Co.
the City of New York,
' £176,709•1 i>£133,090
£93,453
£98,118
intangible
From Jan.-1-4
Net
,
the New York Stock Exchange Oct. 30 by
011
Surplus, Sept.
September— r-
[et ry.
25,370
$151,109
from railway" 28,366'
ry, oper. income—^ :
10,247
Net
Ry.—Earnings-
Chicago Great Western
fet
There
vertible
14,459
.
from
Net
Iross
18.558
from
Gross
44.300,8?6
23,909,188
15,762
Columbus & Greenville Ry.- -Earnings—
1941 -•
158,296,250 115.187,413
68,856,979 -72.962;795:
20,101,145
32,471,092
railway———
from
Not
25,761'
tlonJ
from
bid
'
.
share, with
Consolidated
•'
"127,851 >7 189,875
adjustment—
Septembei'—
;
1—
Jan-.
900
*
'
From
900
'■*
.
"54,742
>
railway—..
12,238,834
from railway
4,350,033
ry. oper/ income—. - 2,163,400
160, p. 1397.
:
'
Net
'
1942
deprecia
From Jan. 1—
.22,234,401
tax accruals for the. 1943
Federal income
1860.
p.
by 40 firms; 4,200 was the largest trade, 4 the
V. 160, p. 1860.
.
67,695
' •
1944 >
railway——
$1,543,517
from railway
Y;- ■:
514,211
Net ry. oper. income...
239,514
■
—,
dividends.—_ > 18,878,218
common
adjustment-'of
&
operation
Net
Gross
for
£392,100
42,865
September—
Gross
stock
preferred
160,
made
Profit
Earnings for September and Year to Bate
'
,
.".Includes
Shields
1941
,,
£393,219
217,676" Y
227,965
Colorado &
-
September—
Gross from .railway—
900
amounting" to £27,030 in 1944, £26,509
£31,334 in 1941.—V. 160, p. 1397.
■
.,
.
$5
available
field
&
Profit
named a price of 100.13 for a 1%% coupon.
There will be no public reoffering of the issue.
Four
other bids were received, viz: Harris Hall & Co. (Inc.)
and associates bid 100.0229 for T%s, Halsey, Stuart &
IC'0.50 for 2s.
900
.
■
"Including
/———_
on
Balance
P.
25,
Co., Inc., bid 100.65 for 2s, Otis & Co. and associates
.100.509 for 2s and Salomon Brothers & Hutzler
Dividends
at $29 per
gen,' exps.,'
&
Inventory
.
Oct.
29,822,666; 33,198,851
10,944,450
10,944,450
was
4,178,430
1942;
1943
£395,487
fees
for
Pro v.
Equipment Issue Awarded—Aii issue of. $1,520,000
1 Ts%
equipment trust certificates, due 1945-54, have
been awarded to First National Bank of Chicago arid
associates.
The winning bid, submitted to the road
7
12,658,517
3,924,237
8,193,489,
5,271,133
4,334,568
56,97.7
550,000
Stubbs
,
2,759,065
4,267,647
deductions-
Net income
.
Consolidated Natural Gas Co.—Special
Ltd.—Earnings-
i944
£409,721
30-
'
550,000
550,000
550,000
Weeks &
4,827,766
43,852,917
10,654,066
4,878,152
9,678,832" ' 9,158,152
4,672,653
expenses,.
1
1
Inc.
-
■
42,481,183.
elapsed time of 17 minutes.
Sept.
"Drill., 'produc.
Admin.
550,000
Brown & Sons—k,•
The Illinois Co. "of
Chicago
———Y
Kalman & Co„ Inc..-.-.Stern; Brothers & Co.—
Alex.
& Co— .2,950,000
Barney
6,683,302
L
special offering of 27,300 shares of capital stock (par $15)
'
1,100.000
Beane—
15,389,361
9,095,413
_7__
Gross income
period,—V.
1524.
p.
Directors'
.&
28,463,556
14,688,463
457,672
526,395
'5,110,350.
4,097,419
5,676,784
income—
Colori Development Co.,
R. W. Pressprich & Co.' 1.100,000
The Wisconsin Co,,
1,100,000
William Blair & Co.— > 550,000
2,950,000
.
27,792,720
3,071,968
'$968,491
> 584,459
$1,005,456"' $1*065,'011
-459,253'.1 >'649,865
10,739,981
:
railway
oper.
3 Mos. End.
Drexel & CO.—1,100,000
Harris, Hail & Co., Inc.; 1,100,000
W. E. Hutton & Co.
1,100,000
Merrill Lynch, Pierce,
;
Stanley & Co... $3,050,000.
2,950,000
Inc.——
'
3,611,334
;
V'.1941
1Q49
,
.
Total -income
■
...
6,005,201
3,090,212
Income
to'sell-the
and
Operating1 income —:
:
Y>
■
474,456
from
Net
>
and accrued
15,732,874
27,784,519
Dec. "1,: next,;. $70,000
of
as
1Q4-T
railway.—J
Net
Agreement for Sale of the Bonds—Company has agreed
entire issue to the .several firms listed below, who have agreed,
ally
16,470,000
31,898,116
v
.
,.
railway—s_—_
from
Gross
RR.—Earnings—
1Q44*
September—
obligations, and
No additional
/.
•
4,670,527
—
/Taxes
ihoftgage 3Va 7c ' bonds,, due -1967, at 105'/2 and .interest. :. Pay4
ment will be made at the Irving Trust Co., 'trustee. One., Wall ;St., New ;
York, N. Y.—V. 160, p. 1292.
••;
; " "'7/ .
/•••.." Y
be issued. The-first and refunding mort¬
gage .permits the extension of prior lien- bonds. - Through the pledge
of the $109,417,000 general mortgage bonds,
the first and refunding
fndrtgage will have a collateral lien equal to approximately 61 $
of
lien
14,685,933
of first
general mortgage bonds can
the first
17,006,589
Cincinnati Gas & Electric Co.—Bonds Called—
.
the collateral for such notes and
$1,750,000 general mortgage bonds due 1958 and
(£70,000,000 first and refunding mortgage 4 V2 '/e bonds series of 1970,
The first and refunding mortgage permits the issuance of additional
bonds thereupder for a wide variety of purposes.
The $139,800,000
first and refunding mortgage bonds to be so outstanding or pledged
will-have a first lien on about 483 miles of road and a second lien on
about 7,901 miles of road (subject to $178,414,000 of general mortgage
bonds of which $109,417,000 will be pledged under the first and rer
consisting of
bonds
20,123,120
income
1523.
160, p.
4,006,000
6,979,913
Non-oper. income (net).
20,346,730
railway.
oper.
ry.
—V.
mortgage
refunding
6,522,830
Depreciation
railway——
from
Gross
the mortgage debt of the company outstanding in the hands of
or secured by mortgage bonds will be $65,247,000 general
for),
YY
From Jan. 1
Security—Upon
1,000,000
750,000..
,
.235,992
456,433;
$5,279,668
$8,330,010
1
taxes
made,
'
from operations....:
income
(miscellaneous)
Net
'»
profit
Other
Interest
;
68,559
54.140-
1
$5,348,227
64,388
$5,283,839
paid
$8,384,150
$8,172,219
'
211,931;
Gross
Net
Net
•
from
railway...^..
ry., oper.
From Jan
from
Gross
Net
from
Net
ry.
—V.
.8,812,304
7,264,301
4,013,933
3,843,119
168,695,372 164,787,442 127,994,764
49,895,377
66,480,057
42,422,782
102,355,657
income:.: >
5,128,095
1—•
railway....
railway
oper.
160,
6,787,523
3,165,376
5.02,3,469
p.
income...
1732.
23,961,683
41,673,027
23,160,517
32,091.970
21,834,012,
'f; Consolidated Edispn Co. of New York, Inc.—Output—r
announced that system output of-electricity
purchased) for the w.eek ended Oct." 29, .1944,
kwh., compared with 222,500,000 kwh. for
the coiwesponding week of 1943, a decrease of 22.77c . . Local distribu¬
tion
of
amounted
to
169,700,000 kwh., . compared
with
electricity
213:200.000 kwh; for the corresponding week of last year, a decrease
The company on Nov. 1
(electricity generated and
amounted
of
.
172,000,000
to
20.4Y.
•
+
■
Consolidated
Chicago & North Western Ry.—Earnings—
Income
et
from
et
ry.
1943
$14,526,161 $14,858,712
1941
1942
$1$,815,269 $10,419,487
railway...:::
4,686,331
6,172,636
4,574,988
3,429,293
income...
2,003,894
5,360,934
2,708,170
2,264,955
oper.
from
et
-V.
from
ry.
160,
124,601,250 121,655.258
railway
railway.......
oper.
p.
income...■
1523.
99,915,829
80,963,438
46,172,768
27,097,308
30,386,867
17,312,340
23,336,817
14,331,386
37,344,248
17,750,80J
Chicago Rock Lland & Pacific Ry.—EarningsSeptc-mber—
Gross from railway.'..
Net
from
Net
ry.
1944
1943
1942
expenses
Maintenance
$16,152,490 $14,121,387 $13,282,868
income.:.
Taxes
25,368,400
6,742,469
...
....
......,
7.572,233
14,468,121
i.
.....
Y .Net
(Irtcludfng Subsidiaries)
:
1944—12 Mos.—1943
'S'*
'
$
60,645,206- 290,320,524 266.689,142
27,302,761 115,565,568 108,578,809
4,857.654
24,903,405
17,247,584
6,885,972- 30,037,856
29,211,761
13,779,114
66,649,024
60,734,157
.
9,834.269
24,773
Operating income
Non. oper. income (net)
...
.
8,019,705
53,164,671-.. 50,9.16,831
Dr65,721
220,135
8.065,059
53,098,950
4,537,541
21,076,282
5,5,31,407
'5,931.053
2,642,422
1,765,908
2,523,168
3,868,110
1,803,619
Gross
from
Net
from
Net
rv.
—V.
160,
p.
income...
1860.
95.752.303
71,908,249
56,261,080
railway...
railway
oper.
58,206,304
34.877.573
22.057,774
22,672,603
32,308,080
25,138,386
14,334,798
142,298,904
:f(
133,126,931
in
from
from
ry.
—V,
6,641,561
$1,530,658
1944
•Dive,
income
on
Common
$5
pfd.
2,565,953
.....
3,527,518"
32,022,668
32,877,256
10,908,825
10,915,075
18,353,643
stock..
dividends
.18,353,643
Balance
Earned
per
/Includes
period.
1
^
common
share:...
adjustment
of Federal income
Net from
Net
ry.
38,221,228
railway
9,999,003
6,596,326
income...
1734.
$1.91
Net
from
1943
Net
rv.
.
1941
$3,850,641
1,408,674
759,987
24.962,018
6,593,535
'^59,702
$3,347,622
23,825.470
11,852,538
1,536,982'
36.472,644
11,677,312.
7,099,623
0,457,750
1,409,674
1,004,378
railway.—
$6,781,787
1,751,358
1,941,142
8,778,203
-Earnings1942
1943
$6,448,163
railway.^—
1941
'
$6,400,803
2,257,141
1,080,869
$5,504,447
A, 826,974
1,112,512
*4,217,370
737,378
railway—_
59,160,569
61,597,435
53,552.474
45; 132,455
railway...—...
16,411,348
21,356,765
17,535,136
13,978,080
3,883,892
9,582,050
8,204,527
8,453,244
income—.
oper.
$1.84
Gross
1942
'
$4,362,675
; 1
Western RR.
194.4
From Jan. 1—-,
3,608,538
1943
1944
$4,231,163-
Delaware Lackawanna &
from
160, p, 623,
RR.—rEarnings—
1,0.75,299
829,906
railway.—
160, p.
Gross
'■
1—
oper.
"2,760,200
tax accruals ■ for the
_____
■"
amounted to $404,994.—V,
& Hudson
September
Net
profits
4,022,077
income.
oper.
Net
18,259,710
1—
Jan.
ry.
Gross
-
From
the
railway...
From Jan.
51,136.966
7,293,089.
deductions
45,354
9,859,042
Gross inconre
credit
Delaware
Neb
Income
$8,464,897
earnings for
■':
September—•
Gross "from railway....1
Net
excess
period........^..$1,261,762
.> Y
r...
.
Net' from
and
income
post-war credit..;
less
*Post-war
1941
'0,227,106
railway
oper.
Operating
63,985,492
revenues
Depreciation
From Jan. 1—
ross
et
Operating
taxes
...
.
Federal
/Estimated
C.*""■*•.
Statement
$
.income
,
1944—3 Mos.—1943
Period End. Sept. 301944
September—
ross from- railway
'■■
-
Net
■
from
oper.
"Loss.—V.
•
,
•-
income.._
160, p. 1629.
bonds
Western ;RR*- -Earnings-—; «..,
r"
l942:
1941
" ' 1944
1945 ' *"
Denver & Rio Grande
"
September—
$6,191,061
2,618,372
1,518,855
$5,741,866
51,639,857 52,837,2.94
Net from railway— - 1-6,511,438" 23,459,121
Net ry. oper.. income..-:: 10,527^578 ..13/5T502Q
V. 160, p. 1398.
; : 1
from
Net
■Net ry,
income_—
oper.
Prom.Jtan.l—
,
.1,234,990
/
,,,>'•'• !•'
.
•
2,959,795
2,586,483
.
■
...
Gross from railway—
from
Gross
Net
from
Net
ry.
1944
■;
91,408
railway!
110,029
income—
oper,
from
from
Net
ry.
—V.
2,538,137
railway——
1941
127,968
p.
1944
Net
ry.
13,339
income—
10,082
14*,963
71,335
5,888
railway
Net from
Net
oper.
ry.
160,
p.
$765,035
247,833
)88,489
19,384
173,673
12Va
cents
were, as.
.
102,371
Power
'
The above figures
Elgin Joliet & Eastern Ry.- —.Earnings—
railway----—
from
Net
Net -ry.' oper.
;
Net ry.
equipment for the oil, -gas and water fields.
The 10 companies now
comprising the Dresser group manufacture a "completely rounded line
of
products, from pipe couplings to large pumps, blowers and com¬
pressors.- They include derricks, -drilling apparatus, radio and airport
towers and equipment, gas storage tanks and gas-fired home heating
equipment,
' *'-. -v
'.'■■•*
■■■'"'*■*'"."J*
As International-Stacey winds -up its corporate affairs, its factories
and those of its subsidiary companies will continue in full operation,
without change of local managements.
International Dei rick & Equip¬
ment Co., Roots -Con nersville Blower Dorp, and Stacey Bros. (Gas 'Con¬
struction Co. became new units in the Dresser group, each continuing
to operate under its own name,
v
!"
.
;"•!;_
■'Oscar M. Kavekotte of Columbus, Ohio, has been elected ,a director.
■
income!—
160, p, 1399.
—V.
3Q3;079
oper.
,25,133,806
6,496,741
6,692,887
2,432,985
1,464,590
.j
inoome_!_
From Jan. 1—
•
',
*
*
",*■'
from
■"
Net
aw.-oper, ancome___
—V.
160
1724...
p.
>
■
rt;;!V r0;*
•
Detroit
■*'"'■
'■"Net
.
Earnings per share on approx.
estimated provisions for
gotiation and Federal income taxes.—V. 160, -p. 1399.
all
"■After
including
charges
known
Net
ry.
Net
1943
1942
$719,930
$701,154
$670,387
223,455
147,152
296,758
.313,126
3.28,739
198,176
184,692
231,937
income.—
oper.
Net
160,
6,789.282
2,654,545
1,516,903
income—:
3,301,308
1,895,112
1,451,760
1941 V-.
1943
1942
$307,964
$335,127
129,739
184.869
205,462
oper. income—_
156,245
46,205
97.938
53,834
railway——
3,266.169
3,154,502
3,101,973 J 3.212,143
railway——
1,630,689
525,209
1,659,769
600,989
1,621,022-
income__„
Net
ry.
■„
160,
Gross
from
Net
Net rv.
oper.
590,108
""
stockholders
to
Each
160,
meeting on
Split—.
^:
railway-
3,466,501
income-
1,686,298
Net-from
Net ry.
oper.
From
from
Net
Net ry.
1942
1943
1944
collected.--—$1/017,814
.
$1,014,935
' 21,746
•
$1,245,373
25,154
610,872
income——J
$437008
$410,296
charges——!
106,784
127,721
,
140,043
208,795
17,652-155
31.689,428
18,292,280
income!
9,511,139
6,798,431
railway— ..I
,
32,896019
34,070,412:
22,666,586
5,454,099
•
.
$173,781
$265,366
-32/638
$190,181
32038
32.638
v
9,375
9,375
99,180
dividends—
Common
123,975
-0
9,375
173,565
$49/787
$7,793
$48,988
Surplus;,:!!!—!:
160, p.. 1400.
,
—V.
Mr.
3,431,747
,
1,527015
Comparative Canswl-idated Income
t
total
the
27,709.374
.18,895,843
12,155,764
Net
from
Net
ry.
railway—!—
income
70,815
oper.
on
;
from
Gross
Net
from
Net
ry.
—'V.
1.045,643
518,823
income—!
3,254,791
728.573
827,336
and
-repairs
indebtedness
office
976,997
2,453,330
635,656
745,704*
457,770
1524.
p.
(E. I.) du Pont de Nemourrs &
;
port see page 2009;
•
/
Com¬
*>ri*.
457,218
The
company
has called for redemption as of Jan.
—V. -160,
12.420089
$53,662
'taxes—14,>876,559
All
at
of
Jan.
due
103
Co,-,
the
1,
and
trustee,
Called—
10,361,779
45
profit—4r51 4,*780
pfd! stks. of sub. cos. owned by other
interests
__!!!_/_.
89097
Portion :of -.net, .profit *'v pplioable
to .minority
! interests in .common stocks of subs.———__
538012
4,500 0 39
3.885,871
3,900,480
Net
on
—
•
90,436
,
Total
Net
ry.
Net
/
'
Holders may' present these
Mass,'
;
!
f
*>!/
1
• >
Dec. 1. next, through
■
*''■
,!
$1,337,396
616,198
160,
surplus-/!
A\'a
on
8,711,403.
10,782,494
211,1-25
—
——
14,668,365
common
12,823008
414,964
1,470,604
—,
convertible preferred «tock-___„
stock———
—
on
Divs.
426,735
p.
surplus, -end
"As a result
of
respect to warrants.
If
r
——
of period
of
.
outstanding
>
'
.-
1,416,31.9
749,874
agency
and 6(4
called for redemption on Jan. 1, next,
will be made .at The Royal Bank of
Toronto, Halifax, Saint 'John, Winnipeg,
in London, England, or, fit the holder's
Montreal,
Canada,
series A,
liist mortgage bonds, series
at 109 and
first mortgage sinking fund bonds,
sinking fund mortgage bonds
1936,
12,311,753
10,762,494
-in accounting procedure with
'
Canada, in
of
Vancouver
Co.—Earnings—
1944—3 Mos.—1943
$1028,420
$953,280
"Profit
Federal
—
inc.
and
1944—9 Mos.—1949
$2,939,282
-
.
$200000
$2056,539
excess
774006-
taxes404000
profits
275000
1049,000
$624,420
$678,280
$1,890,282
$2,182,539
$0,78
$0.85
$2.36
$2.73
35,618
47.568
212.273
170059
$004
$0,06
$0.26
$0.21
profit-
—
Earnings per share——
Portion of company's net
_•
or
option, at tfth
said bank in New York, H, Y.—V. 152, p. 3914.
.
/ *
or
Period End. Sept. .30—
earns, of- Cuban-Am,
Manganese Corp. incl.
net
in
profit—
.
slrare_,
Per
including depreciation and
for taxes.—V. 160, p. 625.
"After
reserve
all
charges,
General
depletion but before
Baking Co.—Earnings—-13 Wks. End.—--
Period—
Fed.
471,044
fOf its reserve for contingencies from
■■
3.378,494
2,350086
.
Companies, Ltd.—To Redeem Bonds—
the
have been
interest.
Payment
of
Net
'..
—
—
the -retrosrfcive change
98,475
'4,741,103.
39 Wks. End.——
Sept. 23,
Sept. 25,
1944
*
1943
Net
1943
taxes
taxes
$1,244,1.03
(est.) —
829,344
$893,751
496.487
$3,252,748
2049,500
$397,204
$0.14
$1,203,248
$0.44
profit
Earns,
~~V.
Sept. 25,
*
before
profit
inc.
Sent. 23,
1944
175 068
subsidiary eompanV__—
—
Prov, bv a sub/ co. for past service retirement
benefits* under
periston plan—parent *com-
Earned
283,773
7^373,867
2,832,337
.1,438,711-
tlnorease by a
pany's proportion——__,—!_—
167,225
-r
2,251,244
income
1400.
■
$560,183
626029
,11,237,848
5,582,048
Oper.
1941
1942
$1,160,9C8
303,437
131,555
.
Earnings—
railway.—5/179,568
from
'
.
1943
1944
income-—
oper.
Fraser
510,023
________—
—
Divs.
.
41/2l/?> refunding mortgage bonds, series A,
been called for redemption on Jan. 1, next/
Payment will be made at the Old Colony Trust
■
,
*
-Net
have
Milk St., Boston,
1525.
./ From Jan. 1—
. !•'
/Gross from railway—__ /, 12,584,836
7,866,388
-inoome-™--——
5
Divs.
outstanding
1948,
interest.
/
Calif., /or, at the option of the holder thereof.at ih*>
Morgan & Co. Incorporated, .23 Wall St,, New York;
p.
railway—
$1,522060
railway.510,717
from
.12,367,327
*
Eastern Massachusetts Street Ry.—Bonds
160,
from
Net
Net
1, 1945, -all of its
may
426,
p.
before
"Credit
Stock—
cumulative preferred stock, par $100, at. 105
receive payment of the full redemption
dividends to Jan. 1, 1945, beginning on Nov. 10.
Holders
plus accrued
price,
04,754*
—r
profit applic. to shs. /of parent co
!.
Earned surplus-, beginning ri*Kf periods_vi_—
outstanding 67/
dividends.
J. ,/P.
of
Gross
,
it
Eagle-Pieher Lead Co.—Calls Preferred
and
14,>851,805
—~
—
-For quarterly re-
*
S5480OO
profit./.
Provision^^ vfor Federal -taxes on
3,205,964
'
-
Corp.—'Debentures Called—
Fort Worth & Denver City Ry.-
958028
-618,308
1.083/645
——____.
of debt exp.
and amort,
income (net
Profit
65,442,
*205,896
"
12
corporation has called for redemption on
N. Y.—V.
86,371
uk
3,237,371
railway™
of
San Francisco/
-.
railway—
oper.
160,
Other
*
166,328
said that the company's
additional units as soon
160, p. 1294.
He
Inc.
operation of the sinking fund, $100,000 of Its outstanding .3rU sinking
fund debentures dated Dec. 1, 1941, at 100 and interest.
.Paymenu.
will be made at the American Trust Co,J trustee, 464 Cahfernia !"t.,
67f
,
sales
Gross
$307,255
240,934*
209,202
was
to 89
Fair
program
calls for the
as priorities are lifted
Freeport Sulphur
'
94,334
From, Jan. ,1-—
$503.,503
$459,144
$388,015
1943
*'1944
-
Cost' of
1941
1942
this
t-hat
said
Friedland
Mr.
in
construction
All
Vinci, sales of leased departments)— 170,862,983 155,331,203
152037,953 139,649,105
goibds sold and' expenses———_
1,532,362
1/683,873
Depreciation
—_>——_!!—_
Net'
Int.
1&43
!"
*
purchase
the company's expansion program, and brings
number
of super
market stores operated by Food
another, step
/'/;.
Statement, Years Ended July 31
!' "
Maintenance
1944
.available.
the
announcing
In
*'*)
are
will be enlarged as -quickly,
Food Fair units, but
become
materials
as
units
J.,
of
(& Subs.)—Annual
Federated Department Stores, Inc.
Duluth South Shore & Atlantic Ry.- -EarningsSeptember—
Gross from railway
present
than
Net ry.
Report—/./'..,•■ ./'*■'./ '.:!j
$4,676,993
1399.
p.
northern New -Jersey and Long Island, N, Y,
Friedland
stated that most
of the newly-acquired
smaller
200,317-
1941
1942
$6,165,916
4,588,086
1,068,729
oh Oct. 31 announced that this-corpo¬
"Big Bear" in
142,665
taxes
expenses__—.
profit!—
Series A, pfd. diVs;Series .B, pfd. ,divs.„
J
Snc.—Acquisition—
President,
$608,347
!,-,/!'
railway-
oper.
r-V. .160,
$6,304,723
4,407,031
1,563,060
1,193,817
September—
1—
Jan.
Gross from
;
1G43
1944
$5,467,519
2,354,32':
5,063,294
has acquired /the American
Grocery Co. of Hoboken. N.
operates 17 super market type food stores under the name
ration
whioii
The
582,894
Ry.—Earniags-
Duluth Missabe & Iron Range
September—
from railway!™
8,730,549
6.105.078
7,714,192
George Fried-land,
►
—V.
Gross
14,360,615
13,287,442
-Cvy;
;580,22 1
shares,
,
,
,
Income
s
.
$444,496
$1.91
Subsidiary Corporations)
200,000
-
' 1943•
Income
will vote on a*
17
Nov.
share
old
■
1734.
p.
special
a
25,233,485
;10,572,199
4;886,035
raihvay______
Food Fair Stores,
■
Finance Corp.-r-Earnings—
income
Net
1,813,606
701,410
the 40,000 shares pf class B stock into
would be exchanged for five new
'
' j, ; ■
change
proposal
shares.
r-v.
at
«'
•
1944
y-/!;:\;;J;);:
830.
Net
Raynolds Co., Inc.—Plans Stock
Devoe &
-
$1,351,847 to $1/631,from the preceeding
total of 50 cents per, share was paid for the year!—
a
p.
Operating
r-y, 160, p. 1524.
The
-
-
close of that year has
Burritt, President, said!
company improved
during the, year
Interest,-.instaiment.ctl's,-_'j__—.20,584
From Jan. 1—
Grass,from
-
-Earnings—";'"
3 Mos. Ended Sept. 30—
$361,553
163,870
1944
"9,208
\
oper. income^—
"Loss.—V. 160, p. 1400,
•
and $170,000-in
'' ':
■
;
amounted to $9,191000 for
-J (Including Wholly Owned
$330,863
from
793,863
Food Machinery
railway-—
September—
from railway-,
695,916
and materials made available.—V.
Family
Gross
70,214
339,024
income___
Stores,
Detroit & Toledo Shore Line RR.—Earnings-
Net
$670,078
917,357
a*aihv-ay24,661/044
from
Gross
1941
1942
$1,866,707
1,135,937
oper.
from
for taxes in 1944 year,
•' ■ ■
: '^.J . !
• -■>'
10,782,494
$2,312,035
ry.
$29-1047
'
$121'
the
ry.
Net
.
11,483,315
12,311,753
1943
1944
railway
Net
V '
'
116,25i>
9,746,215
11,235,707
$2,033,631
518,908
railway—_
from
from
and
year
1524.
p.
of
9,781.000
Florida Ea«t €oast Ry.-—Earniiigs-
increase in the net/working- capital from
Dividend payments Vere' also increased
an
V.
position
9,711,000
116,250
'
September—■;
I
preferred
of products by the company
year and production since the
financial
The
by
6,*725,305
3,600,344
2,257,196
6,228,501
2,640,009
_
7,095,347
of the above-cor¬
-convertible
:
fiscal
last
the
2,959,983
9,916,193
From Jan. 1—
remained at the same >high.-rate, E. W.
J5G2.
railway
oper.
ry.
—V.
•
•
railway—
from
from
"After providing $232,000
ended July 31, 1943. •
3,*038,765
surplus
22, 1944, receive bids
.share
common
per
Shipments
1941
1944
,
From Jan. 1—
Gross
Earnings
2,197,680
„——' $75,123,064 $70,554,529
"•'After deducting LV S. Treasury savings notes of $7,652,379 at July
31, 1944,, and '$5,735/082-<at July 31, 1943.
tissued -and outstanding—
■891/619.3 shares at July 31, 1944, -and 974,621.5 Shanes -at July 31,
1943, .at $10 .per share fixed by board of directors,—V. 160, p. 1525-
:
City as agent
Jersey
•
year
railway——
from
Net
profit
1,871,900
1,825,200
2,-131,503
applicable thereto---*—_____
-surplus—
Net
Fiacal Years Ended July 31—
i.
$702,152
'
of
share.—V. 160, p. 1862.
at $41 per
"Net
rene¬
railway..-—
from
Bank
•'>:
of sub. cos.:
other interests
Total
Gross
*''■• J'
1 ■■■:■■. *.••_■.'. *■'
Fwoka Vacuum O eaiior Cq.-
-
<
Earnings— y
Detroit Toledo & Iron ton R-R.
September—
Gross
:
.
$176,295
411,900 shares .outstanding, '
$0.43
profit
National
First
The
by
■■
78,375,657
27,267,765
16,498,243
;
Ended Sept. 31), 1944
Earnings for Quarter
.2,115,161
2,476,419
poration will until the close of busmess.,on Nov,
lor the sale to it of up to 20,000 shares of $3
•!.''*, ■■'/'■illi'
Steel Corp. (& Sufrs.)— EarDings—
j
1941 !
$9,589,898
3,414,042
98,547,245
35458,169
18,039,808
Equity Corp.—Tenders Sought—
(The)
owned
sto'eks 'owned 'by* ©tiher interests.^—
^Common, stock
Net
stock
;
J
1630.
160, p.
455)0(10
under
4Vati;cumulative preferred stock (par $100)_
' Cap. arising from conversion of 1,550 pfd. sh.
;
■
46,229,214
15,332,689
38,045,313
15,238,533
railway-——"1
'630,90(J
plan.___—475,291
Surplus
•'/
5,026,863
1,585.571
■■'
*
'benefits
retirement
in cap. stock and surp.
Common
.:
:
nervice
stocks
Pfd;
.21,625,213
9,610,252
.
1943
1942
$13,092,187 $11,874,336
4,899,733 " 4,636,460
1,524,468
'X
Net
of Brown Brothers Harriman <& Co. of New York as
Dresser Industries, Inc., stock also was .announced.-^.'
Appointment
171414
past
pension
2,229,713
railway^!—' 119,535,546 118,104.386
from
Gross
transfer agent for
V.
175,554
warrants
For
;
railway-—3,899,620
Net ry. -oper,
the latter company.
continue as head of
will
6,450,000
Paid-in
September—
1944
from ®ailway_—1 $13,067,465
of International-Stacey "Corp. and
Co.. both Columbus concerns, he
four years President
Derrick ,<fc -Equipment
year to 1951—8,950,000
.assessment,.of taxes
725,248
-contingencies.-:—455,000
one
.
For
9,586,873
.
the past
6,339,897
Reserves: For possible
■..*
Gross
from-
483,501
5,833,868
due after <one year to 1064-_
and-debenture bonds payable, xiue afbei'
Notes
.
660,07 V
291,45-'
334,734
514,998
538,444
Mortgages pay.
Min. int.
Erie RR.—Earnings—
Net
!
creditors..
Long-term debt of sub, oos.r *■'
"■
663,56! S
858,260
302,735
————.
Sunday
For
1941
incamc-_—-—
ta*xes <on
taxes
Earned
V
•$75,123,064 $70,554,523
1
.
Capital stock and'surplus:
.24,353,466
;
■
Long-term indebtedness due within one year—„
5.3
...2,5
$2,463,699
" 1,251,677
1,089,341
364,858 '
259,189
757,762
,
'
1942
4.
4
_
Miscellaneous
•
railway—"
Net from
.
International
.
"y • :'•!
*'. -. *'
25.853.107
'
•
railway-
from
Gross
786,288"
356,129
_
income—_ "
From Jan. 1—
corporation -on Nov. 1 acquired the assets
which will be dissolved, and of its sub-5
sidiaries.
which will continue in operation.
The acquisition gives
Dresser Industries, Inc., a leading" position among manufacturers of
:
*
1,952,563
1,717,874
1.163,42V
$2,963,558
$2,655,508
.*
24.362,1011
Ciiurges—:
Other
•
1943
1944
$2,945,661
September—
from railway——
;'v
.
71,991'
84,507
23,395,303
$4,219,72$
of any companies
: . ' .
: >. !
do not include the system inputs
184,580
2j022,965
-
International-Stacey Corp.,
For
assets——_.T_—
"'Fedei'.al
,
in both periods,—V, 160, p. *1862. * ! :
not appearing
Effective—New
-t
91,733
5*14,130
payable (trade)-—$5,188,211
Accrued liabilities—'-Salaries .and' wagos„—,t__—
488,511
5.3
10,008
5,153
2,598
,
25,000
618,676
514,130
72,681
,
_____
187,522
96,886
104,969
,
of Fed.
Accounts
.!
Light. Corp.
Light Do,
National
announced that this
is
It
Fixed
client
of
,
177,514
merchandis¬
taxes---,.
of excess profits
overpayment
Deferred
.
Electric Power &
the
Industries,
769,734
*561,300
to, joint
•
inputs
system
:—Thousands of Kilowatt-Hours—
—Decrease—■
1944
1943
Amount Pet;
•
-
(Operating Subs, of—
v*.
American Power ,<fe Light -Co.
ner
Inc.—Acquisition
and Transfer Agents— - - -
Director
of
the
1944,
26,
»■"'
• '•
1,072,779
operations.———„
in
advances
Goodwill
J'-.-.V
Gross
Dresser
$4.53
follows:
22,327
.'/'■■*,
announcement of a regular quarterly divi¬
share on the outstanding common stock, pay¬
able on Nov. 15 to holders of record on Nov. 3. the company said that
although audits- of its books for the fiscal year ended Sept. .30 have
not been completed, tentative reports indicate that net earnings -exceed
the $326,240 net earnings of the fiscal year ended Se.pt. 30, 1943.,-rv. 260, p. 1861.
:v"/• :/
■
.j.''/*!-!'
of
1943
'
--V".:
:
during
Co.—Dividend—Earnings—
with
connection
In
dend
$1,694,541
$5.71
operating-companies of Bbasco (Services, Inc., which are subsidiaries
Power & Light 'Co., Electric Power .& Light Corp., and
National Power
Light Co., as compared with the corresponding week
$573,583
/ ' *. V
Drackett
(The)
$.740,556
103,498
30,034
."*
income1398. '
$2,137,768
640,5 lp
1,261,000
service
l.iabiTities—
Oct.
...
Deposits with reciprocal and mutual insur, cos.
:
-and misc. other :assets—,
'/ ■■',•*: ' /
ended
week
the
For
752,797
in
used
taxes on income
S-oans to director and employes of sub. cos.__
1,108,729
1,108,729
__
Claimed
2,585,45.0
organizations—1,518,800
in, trnd advances to, subs, not cons.
102000'
used
not
and
Investments
ef .American
'
$738,504
88,387
:
railway:.—
577,869
$2,803,270
Services Inc.—Weekly Output—
Ebasco
$73,387
87,691
oper.
558,734
preferred stock—
per-share Of
*
$154,157
21,071
from
—V.
,1941
1942
1943
$82,767
From Jan. 1—
Gross
.!";■■
ing 'and
to 6%
on
r~V.-!60, p. 1630. '
$88,656
18,299
railway
Invests in;
2,379,371
$3,246,497
—
preferred -stock before
>divldendsi___..__„__J_.—
avail,
taxes
'Balance
©bate
railway.——
from
from
•Real 'estate
5,546,688
...
Vc prior pi*ef. sstock—!_L
Div. -require. <«m
375,491
580,703
758,324
:
income——_—!__.
Earned
September—:
4395,509
Post-war refund
■Earnings—
-■
Net
,i •
and; expense
discount
Debt
1,685,089
540,538
>659,451
Detroit & Mackinac Ry.~
Gross
1,972,685
602,075
; 667,881
"
4,546,480
depletion——
,
6,392,111V
18,224,40!'
1,311,000
:
h
prop,
on
epers.—at cost to sub. co.______
5,202,795
income :>and -excess profit® taxes.i
for
Depreciation and
2,455,119
18,544,783
•
secured
Notes
173,823
-
3,535,910
6,67.9,688
reserves
inventories.——,
debtors——-,!
by 2d mtges.
•Sundry
/
2/266-617
157,496
152,687
1943
less
Instalment,
Merchandise
*./'•':
.
'
$9,708,403
5,668,908 '
securities.*.
Government
Customers' accounts and notes receivable:
$15321,123 $16,202,707
_
$326,034
2,253,962
,
498,452
income—
1524.
-
oper.
160,
consolidated income!—
Provision
1942
$304,478
-v
hand—-/—/ $10,379026
demand deposit and on
on
S.
Regular■•retail,; less reserves!
1944
Sept.,30—
*12 Months Ended
Total
J, Net
railway
-
U.
.
&.finel Associates—Earnings—-.
Eastern <Gas
?
From Jan. 1
Gross
Net
Cash
1943
1,944
Assets—,
4,'573,670
2,484,118
1.943
$218,640
87,241
29,692
.
$331,021
railway-
1861.
p.
.
Comparative Consolidated Balance Sheet, July 31
'
•
14,722,491
12,132,420
Ry-—Earnings-
Denver & .Salt Lake
Co.—V. 160,
Trust
21,641,954
.
September—
proportion,
•including accrued interest to flan. 1,, 1945.
.
*
The company, has ;also -offered .to .purchase from the holders thereof
on
or
before Dec. 1, 1944, all or any part ol the refunding mortgage
■S'/v- bonds Vdue: Jan.' >1,'; 1948 ,($518,000 of series C, $432,900 Qf series D,
and $465,000 of series ®>) at' 115 .and interest to and Including Nov. 3G„
.1944. / Funds for this purpose have been deposited with the Old Colony
."price;
$3,374,596
1,269,091
1,010,965
36,085,005
'railw.ay_-.J_', $6,27-1,1124.
railway—
2.313,462
from
Gross
1942, to $455,000 as of July 31, 1943—parent company'
SDeficit.
J
•
- '
'
of July 31,
as
full redemption
redemption and payment at the
immediate
for
1967
FINANCIAL CHRONICLE
THE COMMERCIAL &
Number 4331
Volume 160
per
:
com.
160, p.
sh...—
727.'
'
$414,753
$0.16
$3,143000
1002,174
$1,240,820
•
$0.47
■■•
Quars.
„•
the
Ended
Ended
Sept. 30/44 Sept. 30,'43
for
Ended
Period—
..
782,652
2,794,596
2,699,003
" 2u>,027
9,750
613,641
29,250
Provision
Divs.
for
$569,875
49,521
$2,151,705
147,344
$2,073,011
136,737
$619,396
depreciation.-
-
$2,299,049
$2,209,748
181,395
stock of subs, co.^„__
pfd,
on
the
third
available for the
from
UtS. operations-—
Ltd.Jl—
"Profit of Gair Co. Canada
„.i
Total
"
54,637
for interest on income notes..
Prov.
167,971
'
81,400
'242,700
288,000
234,600
1,369,300
1,088,000
$188,758
$519,078
$652,353
Deduct: Pfd. div. for the period.—
55,917
167,753
167,753
for common stock
$132,841
$351,325
share———$0,117
$0,310
Prov.
for
income
for Federal
Prov.
less
Federal
the
for
period
Profit available
(Profit
per
"After
official
—
-1—-
refund-
post-war
Profit
tax-
profits tax,
excess
common
$0,427
outstanding.
Notes—The
applicable to the respective years.
does not include the proportionate
company
company,
General Cable Corp.—Earnings
Gross
profit
Product
Other
Sept. 30
-
<
—
-
sales
—.
administrative and gen, exp._
on
service,
(net)—
charges
operating
—
profit on copper content of sales———
Provision for depreciation and amortization—Net
'
Net
first
Other
income
Int.
exp.
Provision
Federal
for
1,567,454
$8,352,074
41,791
$9,904,569
$8,393,864
154,337
209,714
taxes———8,050,000
6,575,000
------
.
debt—;
funded
income
income—.
Net
2,004,288
(net)——
on
Cr5,666
$9,874,357
30,212
income
Total
-
—
———-
i—*
-
..$1,700,232., $1,609,150
-
share—$11.33 •
$10.73
been adjusted to reflect estimated renegotiation
Earnings per preferred
has
Note—Income
160,
business.—V.
Government
liability- on
months
nine
with
the
attention
called
Sloan
Mr.
first
'
.
of
had
1944
months
nine
the
by
of
absence
report
the
wartime
attention
calls
also
Net
Net
This
:
Cost of goods sold,
■
$
$
30,
Cash
.
securities
at
at
43,410,287 153,995,883
28,089,201
10,198,818
oper..:...
6,085,985
8,289,989
185,203
301,846
Other income---
9,643,160
26,775,210
649,828
21,779,040
533,970
inc.
6,271,19?
—
Est.
1,950,000
——
S.
U.
1,833,000
5,550,000
Net
:
stock
6,800,000
profit
of
Earns,
per
2,482,193
3,181,835
8,346,010
168,750
506,250
3,013,085
5,540,463
7,839,760
5,575,463
$0.54
$1.41
Alfred
by
to
Sloan,
jr.,
the
the
high
volume
intensification
"While
of
some
items
to
meet
new
General
of
of
have
there
corporation.
reductions
production,
Motors'
war
offensives,''
Allied
the
been
Sloan
Mr.
production
in
schedules
dictated
by military needs, they have been largely
offset by increased schedules of other items or of new items required
as
tactical
certain
on
totals.
the
On
production
of
needs
the
of
armed
forces.
The
or
effect
of
of
the
hand, some new products are just coming into
have not yet reached peak volume.
Future production
of
Increasing
technical
terial
in
determined
essential
is
the
end
very
as
it
effort,
to
is
the
by
demands
to reflect the
of
the
progress
Allied
for
of
by
offensives
mater'al
changing
require
of
job
One
of
industry.
In
General
all • manufacturing organizations engaged in the
requires continued
init'ative and resourcefulness in
adaptation of production
levels
the
war
the
in the revision of schedules to
needs. It requires constant effort
facilities and
of-changing
of
high
military
and technical quality of ma¬
To maintain that supremacy
victory.
Number
the
called
quantity
achieve
the,
of
battlefronts
in
keep-abreast
all
the
quantity
both
in
tempo
at
the
Supremacy
Motors,
and
power
ava:lability
quality
tactics.
at
be
course
be expected to continue
may
military
organization.
"In
jobs.
As
materials
will
the
meet
are
military
directed
be
problems
Deliveries
months
the
of
shown
in
first
in
the
this
of post-war
the
in
1944
situation
to
three
comparison
following
permits,
engineering talent and
job of preparing to
quarter
quarter..?...
in
the
...
1944
nine
1943
.
First nine months
44,633,986
contingencies,
involve
estimated
approximately $7,500,000.
There is no
its
and
be
may
for
reserves
on
subsidiaries
consolidated
that
made.—V.
the
'are
160.
p.
.
books of
adequate*
the
to-
nine
:<^-—
25,252,808
$1,048,456,895
Equipment Corp. (& Subs.)—Earns.
Months
Three
net
Ended
Sept.
1044
80,
profit.—
$218,011
$0.37
share—a—.v_„_
,common
160,
p. 983.
for
account
will
be
New
5,216,000
has
company
called
for
redemption
Dec. 1, next, $150,000
debentures due Dec. 1,
interest.
Payment
Co;,; Trustee, 140 Broadway,
on
outstanding "15-year 3sinking fund
its
1.956,
York.
made
the
of
the
at
Y.—V.
N.
sinking fund,
Trust
Guaranty
160.
at
and
160
1294.
p.
General Steel Castings Corp.
171,273.000
202,765,000
63,587,000
62,877,000
42,227,409.
.
109,519,455
124,997,304
40,129,260
Profit
.6.883,665
6,883,665
2,294,555
from
of
■
■■■
44,055,173
per
■
*
,
$0.90
share.
1943
1941
$6,152,303
942,391
1942
1,547,312
1,527,719
.
1,257,563
:
$3,621,506 $11,156,059 $13,534,020
30,212
7,174
38,057
income
85,209,912
$3,651,718 $11,163,224 $13,572,077
Profit.
118,113,639
102,635,790
*'/":' ''
43,472,813
44,021,958
43,410,495
;Y'-'
■''/ ./"•••■'■'.'
$0.87
$2.68
$2.36
com;
outstand.
(& Subs.)—Earnings—
1944
$5,149,225 $12,703,362 $14,791,582
$5,224,991
15,080
■
37,834,705
39,932,854
Sept. 30—
operation—
•{■Depreciation
■'
•___'
int. and
Profit
Bond
Fed.
income
Fed.
excess
State
(net) of subsidiary companies not consolidated (divi¬
received amounted to $105,645 and $963,974 for the
for
prof.
693,626
4371,483
565,900
.*7,156,800
215,500
4584.202
964,000
1,306,000'
9,807,000
500,000
*450,000
/
$460,271
§545,220
amort....
450,000
taxes
iil,892,50G
tax..
78,684
taxes
Prov.
Net
contingencies
•
fWhich
arise
may
with
connection
in
renegotiation
the
of
connection
possible
Renegotiation Act. While pro¬
in the first nine months ;■ of
which may arise incontracts, ft is not;
effect of such renegotiation on the above
the
consolidated income,
determine
to
summary
of
1
.
'I.
*■.:
provision for taxes includes provision for-United States excess
profits taxes of $121,747,000 for the first nine months of >944 and
$92,402,000 for the first nine months of 1943 (after deductihg debt
retirement credits of $13,527,000 and $10,267,000,..respectivelyr,
.
The
;
Net income
does not include such portion
could
as
restrictions.,,
,
which
f
V
provision
in
was
.
provision for renegotiation has been made in state¬
1944.
The
•
.
the
rate'of $50,000* pef month,
the years 1942
and 1943,- was .discontinued,
1944.—V. 160,
1400.
^p.
.
;;
•
;
Stockhaldcrs; Ratified—-
Preferred
v.-
months ended Sept. 30,
for contingencies at
Time Instruments Corp.—Exchange
General
.
quarterly earnings reports; published during
1941
for renegotiation of Government contracts,*
effect during
effective Jan. .1;
Oct,-31
stockholders on
voted-to
Offer to
_^
approve
an
authorized
Issue
qf 50,000 shares of> 4!/4 % : $100 par preferred stock,, of which- 38,539,
shares are to. be exchanged • for. outstanding 6% "preferred stock ..on
the basis of one new share and $7 in cash for each present share.
The company plans to redeem all unexchanged .1% ,shares on Jan.. 1
or
soon
thereafter at $1.10. a. share,, and, accrued dividends,—V. 160,
,
.
,
of,the earnings,otforeign
pot' be "remitted
.
,
$2,725,365
$1,766,874
(includes amortization
1944,
provisions
for the nine
The
,
because of foreign ;ejcqhange
1 -i
: : V'..."". ' ' .
'!
Certain expenses
which have previously been "/included in cost, of
sales are now included, in selling, general, and administrative,' expense;
For purposes of comparison, 1943 figures as prevlouslj) published have
subsidiaries
no
whereas estimated
and other adjustments
with the renegotiation of war material
price
in
facilities of $617,262
Notes—Interim
.
contained
fhe Government, as provided under the
of
$72,363,000 has been made
retroactive
plant
.
ment
vision
for
special
.
-
war
is
by;
$2,314,752
credit of $795,200.
$852,106 in 1943 and
$340,053 in 1942;
JBOhd interest only.
^Including surtaxes',
[iAfter
deducting $210,278 debt retirement credit.
.
;
contracts.-
Notes—Corporation's profit for 1944 on war material contracts
subject to review and possible adjustment'Through renegotiation
$763,825
profit
"After deducting post-war
of
:
;;
;
Georgia-Carolina Power Co.—Bonds Called^—
been
adjusted
accordingly.
Summary
.
of
V/.;
„
Consolidated Earned
Period End. Sept. 30—
1944—3 Mos.—1943
'
;; -
'■
1944—9
.
at
ning of period..I.... 627,034;456
income
for
the
have " been called tor" redemption oh Jan:, i,• Payment Will
be made at The Central' Han70 Broadway;'.New-York, N-, % 4 *'.r *
Bondholders, may at their option,. surrender bonds prior, to..the re¬
demption date; and?receive the same- redemption, price and interest.
</over
riod
$81,814,508
992,943,572
Total Sales
(as
.
•
42,227,409
'
.
v—V■. ,159,
1,094,517,010
p.
21997..
t
,
.
„
,:
...
,
,
Georgia ER-.-^-Earnings
-
•
September—
from railway
-
,40.129,260.124,9?7,304 109,519,455
*•-' 1944
$808,826
Gross
-
•'
iu48
1
1942
-
669.261,865
Total
622,931,727 -739,856,57.4'670,883,615
Net. from
Net ry.
railway.—---.
1,034,405,822
j..
$2,964,723,350.
$294,470,8851
oper.?incOme_?—
$174,390,725
$2,699,671,478
Frotn-Jan.T-—"
Gross
Net
$3,259,194,235
$2,525,280,753
Pfd. divs.,- $5 series^-•
2,294,553
2,294,555
6,883,665
6,883",665
Common dividends-.:.,... 33,038,878.i;21;721^4T ."99)044,477." 65,084,222
of
surplus at end
period
;
'V*
"--~f •
'•
••*•;
633,928,432 598,915,728 633,928,432 598,915,728
from
'413:794'
„
175,458"v... 312,258? ,T:37l,730"
'.151,816
.134,934
.1' v'
7,766,422
8,174.838*'
'
6.487,258
?3.818.11.3
2,642.173:
from railway.
income..:
1525.
,.1941
"
207,099 '*,,, * 359,928'
c
railway.:..!
Net rv. oper.
./•—V: 160. We
;
?/ $846,71'6-? <$491,226
$956,244
4
'•
$1,130,271,403
101,573,438
111,082,939
interest"
-
582,802,467 614,859,270 561,364,160
pe-
above)
July ,1,-4952,
Bank &; Trust Co., .trustee,
,
*
.•"•
'
begin-
The; outstanding 'first mortgage ,5.?^ .'40-year sinking fund gold
due
,
Mos.~il943 ' *
.....
surp.
of
1945. 'at.' 105 and
•"
••
:
Surplus
"
All
bonds
'
923k322J583
all
provision for depreciation, Federal income and excess profits
renegotiation and contingencies,
subject to year-end adjust¬
The
63,402,000
72,363,000
6,455,000
20, 698,000
2, 141,000
on
earn,
Earned
months..
corpora¬
cover
1862.
General Shoe Corp.—Calls $150,000 Debentures—
.
,
and 1.943
1943—
First
■
"After
1944, and $2,321,846
and
nine months ended
sept, 30, 1943.
;
(Including dividends received of $1,854,641 and $5,127,725 for the
third quarter and the nine months ended Sept. 30, 1944, and $2,351,578
and
$5,472,093 for the 'third quarter and the nine months ended
Sept. 30, 1943, less sundry income deductions.
; "
'/
Earned
Other Products
—i
;
to
other
•
Third.
of
v
,
•
2,294,555
'
and during the first
first nine months of
quarters
with
Products
quarter
other liabilities
and
"Consolidated
and the nine months ended Sept. 30,
$4,453,624 for
the third quarter and the
Net
First
together
with
totaling
Results
stk.,
earnings
production."
War Material
Second
.
dends and interest
essential
very
table:
Deliveries
1944—
sheet.
credits,for both 1944 and 1943.
liabilities
settlements
of
stock—
no.
balance
at
assets
'
"Meanwhile,-. the need is recognized to plan for partial, and ulti¬
mately complete, reconversion of facilities for peacetime production
and
business,
included in
third quarter
1944
continued
to
will
war.
"The
the
for per.
common
cut"
current delivery
other
and
forces
is net yet fully reflected in
products
military items
armed
: •:.
9 ,274,796 *
earn,
shares
1944
Withheld under
taxes
way of determining the amount for which these claims may eventually'
be settled but,
in the opinion of management and counsel, .amounts
Other
Aver,
purchases- and
1943, and the contra liabilities there¬
excess
pfd.
material
backs
act of
Contingent Liabilities—Claims
in respect
of sundry taxes, suits,
patent infringements and other matters incident to the ordinary course
foreign
&
on
•
held by the corporation at Sept. 30,
the
in
" ;
-
'»
price
common
General Motors in the third quarter
bringing to $2,964,723,350 the total
year,
it was announced October 31
Chairman, in his quarterly report to the
of
420,000 stockholders of the
continued
"The
reflects
stated.
y
I
■
47,126,060
14 ,847,882
15,889,065
$5'series
Corp.—Quarterly Report-
$923,322,883,
included
debt retirement
taxes,
conting.
&
Amount
months
payment
tHeld.for
total estimated. to
Sept. 30, 1944 include post-war refund
United States-excess profits taxes of $1,328,613 after giving effect
54,154,923
67,030,525
18 ,732,926
2,214,000
S.
598,915;728
$986,495./,,
tPortion, of
held in treasury.
shares),
war-savings bond
Miscellaneous
;
9 Mos. End.
products by
war
60,600
of $18,882,498
tax
not
are
614,859,270
receivables;. 1944,
doubtful
common; stock
7,049,377
12,127,000
inc.
possible
nine
P.
than
more
of
first
the
current
for,
for
(1944,
in
for employees'
$1.61
amounted
1944
payable
the
633,928,432
reserve
purpose
Notes—Cash
—
' ' '
6,142,554
Employees bonus
8,892,116
5,540,463
$0.42
General Motors
Deliveries
be
3,259,194,235 2,699,671,478
3,092,426
rehabilit
Amount
for
"After
1,888,613
par)^.—yl___ 441,043,400 441,043,400 441.043,400
34,841,168
34,841,168 "'34,776,479
l^-^_Li:.^^:.4T-i-T.2202654 070 2264718441 2174 191030
,
bonus
8,916,625
& other adjust.
Divs.
inventory writedowns and other adjustments
at end of fiscal year.
-(Including proportionate share of profits or
losses of subsidiary companies not consolidated.—V. 160, p, 1400.
of
.
ments.—V.
profits taxes..
2,313,443
,5,575,463
for
"Provision
Total
of
1,866,028
($10.
Capital surplus
Famed surplus-
506,250
to
stock
estate,
TRetroact.
9,398,366
168,750
sh.—
com.
183,564,400
preferred stock.
Common
amort,
real
&:
1,523,672
957,000
shs._.
common
13,850,808
1,888,613
1,973,414
183,564,400 183,564,400
stock of. sub-'
pref.
sidiary company
$5
.
2,721,683
23,328,429
expense.
Postwar
U.
stock-—
common
Dutstdg.
13,613,154
18,151,402
14,627,612
Earnings per
plants, & equip.
795,000'
660,000
302,000
160,000
'
applic.
16,035,853
6,612 879
and
General
878,202,084 827 ,197,335 2,746,465,928 2,242,185,308
depr.t
gen.,
and
Net inc.
Net
6,623,004
6,013,119
65,837,767
Minority int. in
..1.
2,056,913
for
Deprec. &
pfd.
on
—-
5,423,808
76,051,805
income
conting.
1,036,864,987 996 ,608,199 3,267,202,817 2,715,637,480
Selling,
10,275,000
279,000
——
divs.
—
6,610,471
3,103,581
rehabilit._v '76,051,805
Contingencies and miscellaneous,"
Allocable to foreign subsidiaries
17.651,482
Deferred
Postwar
2,294,555
(excl.
sales
prov,
inc.
profit
for
Prov.
:
51,411,791
General Precision
5,433,000
3,275,000
and
excess profits taxes—■
"Prov. for contingencies
foreign
47,108,218
tion
Total
prof.
excess
2,200,036
56,195,778
*
-y,!;/■'"
"
3,049,355
2,864,506
'2,867,155
2,294,555
-
402,252
equity..
income..
Cost of
27,425,038
22,313,010
8,591,835
1,400,000
surtax)
Est.
$ 1
'
1,034,405,822 990,794,090
248,5941015
total
of
payable .in cash)'
4,419,379
1944,
1944—9 Mos,—-1943
be
3,588,349
Motors
Corp.'s
(incl.
taxes
*■
,>
to
warranties, and misccll.—_
Reserves—Employee benefit plan's—
Provision for:
Profit before taxes and
S.
•V
:•"
y
(portion
,
'2,294,555
maximum
1944-—3 Mos,-—1943
•
sales
Net
bonus
Taxes,
the
Sept. 30—
'iL-,—
taxes
12,198,619
exe.,'
Divs, payable on pfd. capital stock
^Employees' bonus —L_T—
third quarter Totaled $333,028,752, compared with
$341,535,382 for the third quarter of 1943.
For the first nine months
payrolls totaled .$1,047,226,616, .compared with $935,302,731 for the
corresponding period a year,ago.
in
274,670,884 295,783,254
and
'
,
Payrolls
63,402,000
23,118,439
contracts
Government
estimated
at Sept. 30, 1944,
and $534,805,803 at>
Sept. 30, 1943.
At Sept.-30, 4944,/receivables against the United
States Government,"" included above,
amounted to $349,313,165, com¬
pared
with
$408,065,154 'at"" Dec.
31," 1943,
and - $415,117;472 1 at
Sept. 30, 1943. ■
* "' •■ •?
."r
"?_*/: 't\' V',C; ' ■'
Inventories at Sept. 30,
1944, amounted to $507,294,28i, compared
with $564,411,464 at Dec, 31, 1943, and $518,956,594 at Sept.: 30,-1943. <
There
was
an
average
of 461,707 employees on t-hfe corporation's
payrolls in the third quarterof 1944;; This compares with 475,471 for
the previous quarter, and with 457,445 for the third quarter;-of4943/,
During the first nine months of. 1944 the average.number of; employees
was
476,906, compared with 430,043,; for the corresponding period a
year ago.
'?'
;■
'. '
'
'
v
admin,
contingencies
U.
profits'
64,600,000
42,002,405
72,363,000
contracts
foreign, income
Employees
receivable amounted to $452,925,019
with $525,113,622 at Dec, 31, 1943,
Accounts
compared
other adjust,
arise in connection
renegotiation
of
war
on
S.. and
126,416,096
33.030,735
48,285,675
from
Profit
U.
31, -1943,
;"•?.'
,•?/'/. "
30, '1943.
Sept.
the
material
'./•"/?;,
30,
Sept,
warranties,- & sun-'
price and
may
with
■•
$790,958,129 at
?•
Government
States
banks
payrolls,
Advances
1
1943, and
$638,129,675, compared with $554,431,398 at Dec;
$491,648,463
tOther
chgs.
and other
113,791,469
Sept,. 30,. 1944,. .amounted. to; $868,874,797.
at
,
United
amounted to
admin,
exps.
85,077,233
early
Corporation
the
by
with $829,238,238 at Dec. 31,
1943.,,.
and
"General
incl.
charges——
and gen.
freight
tSell.,
50,776,107
,
policy adopted
:•..f,:•
1
■
..
capital
working
compares
Sept.
61,343,436 208,805,658 181,280,507
64,570,478
1
sales
Govt, for accrued price reductions
payable
foreign
which
Period Ended
1944—9 Mos—1943
$
$
140,376,572
the- fact that there has been
during the nine-month period
to
$72,363,000
of.
limitation
profit
1942.
In
Companies,.in the U, S. and Can.)
1944—3 Mos.—1943
127,135,314
and
Consolidated Income Statement
Period End. Sept. 30—
732,200
151,793,388
other adjustments which may arise in connection with
renegotiation of war material contracts, applicable to sales for
period.
The amount of this provision is in accordance with the
the
General Foods Corp.—Quarterly Statement—
(Including Wholly Owned Subsidiary
263,700
to
Retroactive
625.
p.
194,697,279
12,900
accrued items
Due to contracting agencies of U. S.
nine
provision
a
price
159,094,126
^..l 162,497,570
.
The
1
dry
amounted to $25,252,808 and reduced net income by 42 cents
share of common stock.
'
.
..
deducted
—„2 202 654 070 2 264 718 441 2 174 191030
—
Taxes,
purpose
lor
_
,
Liabilities—
Due
additional
an
assets
stock
estate,
Accounts
fact
been
1943
of
real
Total
T
,
the
in
51,080,339
20,386,294
9,136,502
27,472,413
2,322,847
3,588,349
4,627,661
in:treasury,,
plants,.& .equipmt. 318,322,912 327,229,67B 342,468,362
.Prepaid exps. and. deferred, charges,...24,278,844. 12,894,300 j 15,323,073
64,001,743
Goodwill, patents,
63,700,099
63,700,099
that net income for ■ the
favorably affected as cdmpared
the
to
564,411,464' 518,956,594
134,484,815 135,635,453
48,642,398
- 50,352,991
507,294,281
consolidated..— 134,198,050
not
subs,
(Common
Net
months
first nine
stock;
common
'
r *
etc;:...::—'' 103,611,854 117,048,468 119,688,331
investments
Miscellaneous
•
for/the
S.
&'notejs receivable,'
acceptances,
in
Other
months of 1944 for reserves to meet post-war
contingencies, since the total of $76,051,805 set'up for this purpose
by the end of 1943 is considered adequate in the light of present
conditions.
For the nine months of 1943 the provision made for this
provision
,.
—-—
profit
operating
'
Inv.
.
1944
-1943
$13,728,834 $11,990,870
1,334,014
1,723,418
516,174
353,590
,
stock.
period.
This compares with $102,635,790
of 1943,
equivalent to $2.36 per share of
and
9 Months Ended
to
U.
Inventories
the amount of $202,765,000,
for the first nine months of 1944 amounted To $124,997,304, compared
with $109,519,455 for the first nine months of 1943. After paying reg¬
ular dividends
of
$6,883,665 on the $5 series preferred stock, net
income available for the common stock for the first nine months of
1944 amounted to $118,113,639, equivalent to $2.68 per share on the
average number of common shares-outstanding during the-nine-month
per
in consolidated profit and loss of a domestic affiliated
except to the extent of a dividend of $16,000 received in
June, 1944,, and $24,000 received in June, 1943, from said affiliated
company.
There is also included as profit the excess of par value
over
average cost of 40-year 6'a
income notes retired as follows: for
the three months and the nine months ended Sept. 30, 1944, $2,376.50,
and for the nine, months ended Sept. 30, 1943, $82,823.84.
The earnings of Gair Co. Canada Ltd. do not include its equity in
the profits of the Dominion Envelope & partons (Western) Ltd. and
its subsidiary.
No provision has been made for dividend tax on the
foregoing undistributed profit of Gair Co. Canada Ltd.—V. 160, p. 625.
the
trade
term,
377,500,000 227,517,280 152,500,000
Govt... 349,313,165 408,065,154 415,117,472
•-x.—u*,-
pother accounts
common
income, after providing for taxes in
Net
interest of
statement
above
with
amounts of such
the Revenue Acts
The
taxes
for Fedpral income and excess profits
taxes computed in accordance
provisions
the estimated
are
quarter
amounted
common
$484,600
taxes, expressed in U. S. dollars at
1,133,822 shares of common stock
provisions for Dominion
rate
of
exchange.
tOn
stock
of
.
short
securities,
'
This was equivalent to 90c per Sh. on
shares outstanding.
For the cor¬
of 1943, net income available for the common
$37,834,705; equivalent to 87."cents per Share of
stock;
common
number
average
Govt,
cost,
Accounts; receivable,
of
'
't
260,629,675 326,914,118 339,148,463
S.
/at
After paying the regular
$2,294,555 on the $5 series preferred ktock,
remained in the quarter-under review net income of $39,932,854
tnere
the
U.
compared with
1944 amounted to $42,227,409,
quarter of
dividend
$
$
'
'
Cash.
in the amount of $621,877,000',
$40,129,260 for the same quarter a year ago.
responding
Profit
after providing for taxes
'
-
Sheet
Balance
Sept. 30, '44 Dec. 31, '43 Sept. 30, '43
...
'
'
program.
income,
quarterly
596,742
29,250
Profit
Assets-
.
war
Net
$6,713,444 $20,493,994 $19,833,418
(U. S.)__
customers
sales to
Sept"30/44
*
-
.
Net
the
by
Official Rate of Exch.]
End.
9 Mos. .•
9 Mos.
Condensed Consolidated
resorting these, totals,-; Mr; Sloan noted, that everything produced
corporation is directly or indirectly essential to .support. of
In
(& Subs.)—Earnings—
(Robert) Gair Co., Inc.
[Net Profit of Canadian Subsidiary included at
Monday, November 6, 1944
CHRONICLE
THE COMMERCIAL & FINANCIAL
1968
-
.
3,555,980"
-
2,828,257 v
1?658;862
2,281,296
3,110,396
;
2,520,73G'
*927,537
f
I
[Including Statesboro Northern Ry.]
$160,558
126,070
1,507,057
4,722
4,722
42,498
exps
accruals—reg,_
Ry. tax accruals—Fed,
RR. taxing Act of 1937
tax
Ry.
RR.
Act
•
of
ry,
1
21,746
28,761
2,446
3,339
front
from
Net
Net ry.
3,082
2,258
26.651
7,595
5,537
79,917
48,059
2,004
1,985
18,424
17,879
*$7,753
$17,540
$113,447
$195,102
1,681
1,864
10,094
$19,403
$123,541
$201,563
379
4,028
4,074
$19,025
$119,513
$197,489
Equipment
balance
„
Joint/ facil.
(Dr)——
Net
oper.
§■
railway.
*$6,071
income——
income-
from
Deducts,
368
*
.
.
.
.
'Loss.
309,654
Other
'
,
■
.
Net
:
,
cumu¬
Fed
Redeem Bonds-
$3,011,197
Fed.
2,090,087
expense
213,238
of
■■
that $20,000 of first
"/"After
for Federal taxes and
reserves
2,106,140
2,672,180
2,609,035
67,000
tax
Cr567,000
in
458,260
363,290
553,181
407,015
1,325
9,031
1,767
$3,540,305
$3,420,191
675,000
earns,
co
income—
9,285
9,402
15,808
$141,350
$1,006,366
$752,536
41,931
35,509
120,317
102,575
129,000
./■"•>
375,000
282,000
$175,899
$105,841
$511,049
$367,962
$11.22
$0.57
Fed.)!—,
Net. income-
.
:
—
pfd.
sh,——
$5.36
$3.23
$15.58
per com.
Earns,
>
sh.—
$0.33
$0.15
80.94
per
'. Earns,
for
"'Provision
•;/'./
/•>/',:■
made
Federal)
and
(State
taxes
income
1943.
quarter, of
1943 '
.
—
675,000'
dividends-
2,167,518
2,167,518.
first
in
-
notes
and
Canadian
of
furn.,
1943.
.
.
(net)—,
improvements
and
Subs.)—Earnings-
Hazel-Atlas Glass Co. (&
Reporting war production at an all-time peak, Raymond J. Hodgson,
President, announced on Oct. 25 that net earnings for the nine months'
;
period ending Sept. 30 were up 25.3% bnd sales had more than doubled
as compared with the similar period last year.
The reported earnings for the first three quarters did not include
those of the Warren City Manufacturing Co., Warren, O.; a wholly
owned subsidiary which was acquired last August, Mr. Hodgson said.
'He also pointed out that the figures were subject to renegotiation.
■
"Our backlog of war contracts as of Sept..30 totals
more than
$45,000,000 and our immediate job is to,turn out this vital equipment
which includes the production of LVT's, popularly kpown as alligators,
Gross
..
.
income-^.-.—_
Other
18,532
income-.———
$2,840,471
1863.
160, p.
:
■
are
we
rods
connecting
aircraft
V.
which
craft
landing
a
,
producing in our Warren, Q„ plant,
materials," Mr. Hodgson: said.-r->
'
.
■/. / - '
Prov. for
other
and
,
Loss
(Adolf) Gobel, Inc.—Delivery of New Common
:
Stock
Miscellaneous
the
for
"7iL—
char'ges__
Settlement of
reorganization, confirmed by order of
the court dated July 31, 1944, is being carried into effect pursuant to
the court's order, in aid of consummation,' dated Oct. 6.
1944. - As
provided in the order in aid of consummation,' the name of Adolf
Gobel, Inc. (debtor) has been changed to Greater New York Packing
Co., Inc., and the new company provided lor by the amended plan
has been organized under the name of Adolf Gobel, Inc.
As provided
.in the amended plan and order in aid of consummation, certificates
and scrip for common stock of the new company are now available,
and the holders of certificates for shares of common stock of Adolf
Gobel, Inc. (debtor) may receive certificates and/or scrip for the
shares to which they are entitled, at the rate of one share of common
stock of the new company for each two shares of common stock of the
debtor, upon surrender
of their certificates for shares of common
stock of the debtor, accompanied by duly executed letters* of transv mittal,
at the office of Central Hanover Bank <fe Trust Co., 70 Broad¬
way, New Vork is. N; Y.
v.:
■ ■ ' ')./ .• /..
' /.
f
Pursuant to the. provisions of the order in aid of consummation,
certificates for outstanding shares of common stock of the debtor
(other thaft-those heretofore issued to Charles Scligson,
as trustee
of the.debtor, pursuant to the amended plan) have been eliminated
and canceled, and ho longer represent any interest in the debtor, and
are of no force or effect, except to evidence the right of the respective
holders thereof to receive certificates and/or scrip for common stock
"of the new company;' as provided in ' the - amended plan.—V. 160,
plan
amended
The
law sait-
(est.)
1
'
-"'5,078
iL--—.
,
,
■
„
82,803
163,009
,
8,000,000
8,000,000
933,594
■: 131,399
18,000,000
953,176
19,417
18,000,000
18,062,650
18,062,650
1——
—
interest in subsidiary
stock—
company
stock-..—.———
Capital
surplus
Earned
surplus
1—^
J.
-li——465',394
—
—
.496,803
14,850,080
13,653,195
—
$66,305,462 $65,335,615
Total
227,500,
■
3,575,049
947,506
947,506
preferred
''Common
.
10,580
29,176
^Represented by 722,506 shares (no par).—V. 160, p. 729.
taxe^
Prov. for Fed. inc.
•
•'
$1,170,730
294,030
fluctuations
exchange
and contingencies———.:
5%
55,250
»«5,537
Canadian
for
.Minority
■ L '
6,255
-
.3,400,777
taxes-.—wO..
payable—
—
current* liabilities-—^—,
loans—Banks———
Reserve
99,844
55,250
'.16.
923
(net
sold
or
.
"
doubtful acpts,"
property retired
on
.
$1,122,500
——
Miscellaneous
Serial
2,561,220 ' 8,786,525
2,258,555
—
$2,367,312
2,172,045
2,172,045
434,409
434,409
$5.65
$5.45
.
8,269,010
$2,454,730
,
60,619
$66,305,462* $65,335,615
'
♦"
;
stock
capital
Dividends
$3,291,377 $11,307,121 $10,958,828
contingencies-"—
and
.
,
>
,•
Employees, officers and Others——308,760
Federal and Canadian inc., excess profits and
-
Total
/•
<t
payable—Banks_—
Notes
$10,858,985
$3,262,465 $11,170,373
28,912
136,748
$2,821,939
profit-
oper.
„
Liabilities—-„
' ,7 Sept. 30,'44 Sept. 25,'43 Sept. 30,'44 Sept. 25,'43
Net sales; royalties and
other oper. revenue-- $13,440,563 $14,196,376 $53,157,340 $53,508,617
9,587,282
9,900,434 37,740,456 38,366,052
."■■Cost of goods sold-—
183.802
189,592
-757,908
779,928
Prov. for depreciation847,539
843,885
3,488,603
3,503,651
Sell, gen. and adm. exp 1
Period—
6L042
505,078
-Years Ended-
-3 Mos. Ended-
.
■
recelvables,/etC—'
Office
28,648
130,358
80,731
386,930
exc.
Other
equip,
3,865,000
54,589,372
34,726
567,00.0
prof, tax paid
prof, tax
portion of Fed. exc.
refunds
$6,222,857,
ac¬
receivable——.——
counts
Post-war
1943
••
in banks./——
and employees'
advances
Refundable
profits tax.—V; 160, p. 728,*
:
.
hand and
on
Travel
"'/;//
-'
■
provision necessary for excess
Note—No
$1,262,920
$0.29
2,890,024
2,890,024
.
■■ 1944
$8,426,540
U, S. Treasury ctfs. and tax sav. notes—at cost
1,810,000
Instalment notes receivable (het)—54,869,177
Cash
Total
and $1,035,500 in
1944
$5,001,458.. $4,619,791
900,000
900,000
Consolidated Balance Sheet, Sept. SO
Assets—
$1,007,434
$0.23
contingencies of $1,537,000 in
-
2,178,000
inc.vtaxes
and
(State
597,584
emergency
for
Prov.
Graham-Paige, Motors Corp.—Earnings—
_i
$7,704,608
8,601
int.
subs,
'
profit
$7,668,851
Note—Corporation's proportion of the iiet income of the Canadian
subsidiary included above for the nine and 12-month periods ended
Sept-. 30, 1944 and 1943 (based on conversion of Canadian currency to
United States dollars generally
at the averages of the free .market
rates
of exchange),
amounts to $378,882,
$316,627, $481,711 and
$442,404, or approximately 10.70%., 9.26%, 9.63%.and 9.14%-, respec¬
tively, of the consolidated net income for those periods.
The adjust¬
ments in connection with conversion of Canadian net- assets have been
credited or charged to the reserves for Canadian exchange fluctuations
and contingencies.
$736,728
2,511
V
facilities—
plant
|
!
—A'
income
Total
.
'
$346,829
•:
Other income..———
•
*Net
$5,890,945
and
prof,
excess
Preferred
607,006
$132,065
-
Earnings per common share—^
$6,185,166
—...
.
Common, dividends——
6,467,271
$996,964
183,526
$344,318
——————
profit—
Gross
bonds dated April 20, 1936, were called for redemption
as of Nov. l. 1944, at 103 and interest.
Payment is being made at the
Chicago
Title
&
Trust
Co.,
trustee,
69 West Washington
St.,
Chicago, 111.
■
:
V
1944
218,702
prof .taxes less credits
for
post-war refunds
admin.
mortgage 4%
Nine Months Ended Sept. 30—
198,961
paid for year 1941—.
inc. and exc.
$7,801,584
$8,121,632
6,517,662
$2,405,678
.2,453,641
and
adv.
Amort.
Wood, Secretary, recently announced
13,818
$7,995,493
290,885
Dominion
1944—9 Mos.—1943
1944—3 Mos.—1943
Sept/30—
—
Sell.,
All of the $24,158,000 outstanding first mortgage 4% ; bonds due
feept. 1, 1965, have been called for redemption- on Dec. 1, 1944, at
100 and interest.
Payment will be made at The First National Bank
of the City of New York,
trustee, Two Wall St., New York, N. Y.—
v. 160, p. 1400.'.
"'■*'/!
Donald M.
40,963
$7,887,553
—■
Minority
Sales-
:
13,071
$6,089,907
profits tax.
portion
of
.excess
Refundable
All stock not exchanged will be redeemed at $26 a share.
Period End.
'
View Gold Club (111.)—Bonds Called—
35,596
$6,334,670
%
inc.
'/surtax
1 voted to redeem the outstanding 7%
^Cost of .sales—
Glen
income
Net
1862.
Glen Alden Coal Co.—To
492,656
$7,981,675
Hamilton Watch Co.—Earnings—
$1,626,917
$1,926,530
$36,525
$36,275
revenues—
160, p.
138,994
$7,846,590
149,504
income—
normal
Fed.-
626.
p.
412,038
$6,076,835
chgs.—int.. paid
of
1943' !
1944
1943
1944
/■
Operating
'
Shares—May
preferred stock on March 30, 1945.
In order to permit holders
of this issue to retain their investment a
special meeting of stock¬
holders
will be called shortly ^ when stockholders will be asked to
authorize
the issuance of a new 414 tv cumulative preferred'
issue,
which the company then Would offer in
exchange on a share for
160,
136,008
'v
.
lative
—V,
$17,829,253 $19,202,236
9,843,670
10,727,905
$6,299,074
oper...
credits—,
income
49,277
■
229,229
from
inc.
Gross
Issue New 4%% Preferred Stock—>
—Jan. 1 to Oct. 21—
—Wk. End. Oct/21—
—V.
Net
7,528,364
6,974,765
in¬
on
stalment notes receiV.
'
Period-
,
3,665
1,263,571
160,
share basis.
*$6,440
Surp. applic., to int..
;
56,735
Inc.
6,461
$13,409,847 $14,017,237
oper—
losses
for
Prov.
1,756,472
521*,416
1,911,367
159,363
*164,947
319,079
income—
p. 1526.
oper.
from
inc,
Gross
Operating expenses
•
The directors on Nov.
inc.—
Non-oper, income..——
ry.
Gross
63,439
.
Hackensack Water Co.—To Redeem-7%
rents—net
.
balance
■
31,821
20,073
rents — net
(Dr)_.!/
$136,622
91,395
2,211,882
■'
651,141
railway—
"'Loss.—V.
l933___—_
$244,938
From Jan. I—
*
Gross
tax
$223,878
64,547
30,893
.
income—
oper.
1943
$285,749
99,695
>
railway.-—-
from
Net
42,389
accruals—Fed.
unemploym't Ins,
Ry.
-
Net
174,670
1
1944
Gross
$1 519,917
$1,816,755
165,186
oper.
$178,176
rev.——,
Ry.
-
oper.
September—•
from railway-—
1944—9 Mos, -1943
1944—Month—1943
Period End. Sept. 3C
Ry.
1944—12 Mos.—1943
1944—9 Mos.—1943
Period End. Sept. 30—
1941
1942
Earnings—
(& Subs.)
Household Finance Corp.
RR.—Earnings-
Gulf & Ship Island
Georgia & Florida RR.—Earnings—
1969
FINANCIAL CHRONICLE
THE COMMERCIAL &
Number 4331
Volume 160
♦
.
'
Net
Cash
.<
$580,993
$723,902
543,011 "
543,011
434,409
' 434,409
$1.34,
$1.67
profit——
dividends..:—-—
,
Capital shares outstdg._
Earnings
/*
'
share/—
per
/
_
Gross
oper.
„
Hartford-Empire royalty payments made
575,968
.
,
,
5,168,570
$6,950,146
4,949,-685
$1,697,549
$2,000,461
$6,866,119
$750,672
544,809
.
labor,
repairs,
and
1944—9 Mos.—1943
1944—Month—1943
$759,935
rev._
.Oper. .exps., &. taxes
.
/"'Including materials purchased,,, maintenance
royalties paid,-taxes and other operating costs.
Note—(1)
Hudson & Manhattan RR,—-Earningsperiod End. Sept. 30—
'
$183,967
Operating income
income
Non-oper.
and the share of
$205,863
8,640
8,995
___
1
/
82,701
85,017
$2,085,478
"
1631.
"///%'
>.
V.
■
■
■
Great
Net
ry.
4,122,322
income—.,
oper.
;
1943
,
;
i
■
1942
'
-
-
:
; Net
•
3,249,828
"
From Jan. 1
Net
rftilW&yrailway—
from
Gross
■
from
i.
.Net ry. oper. incotiie
23,039,682
_
25,121,586
22,279,239
Requested—
1
Comoany is inviting" bids for the lowest
will provide $2,001,917 for financing
bidder
•
.
.
o'clock noon,
office, St. Paul,-Minn.—V, 160, p.-1526.
received
be
to
up
12
>
■
-
-
,
.
Green Bay &
from
■
1943
1942
the
46,156
$197,683
64,809
from
881
47,141
32,876
railway
From Jan. 1—
from
Gross
from
railway
2,139,477
2,108,810
513,092
809,953
526,560
Net ry. oper.
.'
127,167
503,789
257,819
—V.
160,
i,498,388
1,693,845
L
-
income
.
475,331
232,753
excess profits taxes of
of $250,000.
tAfter .Federal
taxes of $1,080,000, and re./ • '
'/ ' " :, - . •
:
and
/
< -
■-
earnings before taxes,
:
,
together With higher excess
Net
before
profit
1944 '
Gross
from
Net
from
Net
ry.
1942
1941'
$3,030,861
1,101,820
384,992
$2,121,743
1,214,952
for
Earnings
—V.
414,596
28,189,824
28,598,018
23,575,723
9,107,059
11.045,397
3,505,805
3,735,315
8,860,082
3,796,624
343,726
the
Net
Net
—V.
from
from
ry,
railwayrailway
oper.
160,
p.
income.
__
J_
._
1631.
17,359,951
5,868,853
$138,156
Consolidated
Assets—Cash, $501,031;
;
bonds.—V.
160,
221,134
175,831
50,000
-
share.,
12,500
$281,701
'.
^_'i.
common
-
1943
$539,858
,.
taxes
(est.)..i_i.
contingencies—^.
per
>
'
.
1944
$552,835
'
$251,527
$0.76
$0.62
160, p. 1632.
t
from
Gross
Balance
^
United States and Canadian
($27,272) obli-
of $657,930),
of $163,078),
$1,852,151;. inventories-^-at lower of cost or market, $2,456,149; mort¬
gage notes receivable, $319,089; post-war refund—excess profits taxesestimated, $238,815; investments in affiliated companies—at cost, $36,446; sundry investments—at less than cost,: $12,597; property, plant and
equipment
(net), $2,726,131;
good will and patents, $1; deferred
6,462,381
5,360,983
income...
1,546,274
2,581,028
2,177,861
1,260,890
railway..!;. 167,360,010 157,441,817 127,682,733
from railway...,
59,432,918
53,619,372
42,946,372
19,143,314
24,376,809
17,554,075
ry. oper. income..!"
88,706.975
ry,- oper.
From Jan. 1—
.charges, $107,376;
Net
—V.
Federal
$436,762;
160, p.
Illinois Terminal RR.—Earnings—
i
from
Net
ry.
—V.
8,707,496
7,230,744
3,957,408
3;203,874
income./,;
1,045,207
1,153,151
160,
$1,910,42.4; 5% -10-year registered debenture bonds (due Dec. 1,
1946),-.$283,100; reserve for contingencies, $1,000,000 ; 5% series B,
first preferred stock
(par $25 per' share), $3,487,000; common, stock
(par $25 per share), $1,500,000; surplus, $1,746,872; total, $10,837,774.
—v.
160, p. 1402. ■
■
:■■■..
- -
Profit
from
Provision
&
1944
Sept. 30—•
-
$33,498
1942
$41,640
27,000
paid
■
27,000
-
•'
27,000
$42,452
27,000
325,111
.
-
$619,192
6,469,255
2,820,451
1,682.156
5,180,839
262,576
90,827
2,075,470
1,187,003
Subs.)-^Earnings1942
1943
$1,998,830
$1,701,464
$1,279,87.9
operation/
deprec. of plants and
of
for
defense [facilities
on bonds
'
.
,
167,322
Fed.
contingencies..
100,000
&
Canadian
profits
167,474
198,431
~7Q~0Q0
.
27,450
interest
for
excess
Net
1941
$31,332
1943
.
1944
-
for
1941/
.
for
amortiz,
Provision
Provision
1942
$812,076
408,710
246,769
«
Ended Sept. 30—
9 Months
Prov.
earnings
Dividends
1402.
p.
Industrial Brownhoist Corp. (&
$473,615; accrued taxes, pay rolls and
and Canadian faxes on income—esti¬
mated,
Net
447,290
122,922
.
'
%
railway...'.
oper.
•'
-
$821,636
365,064
197,875
railway.....*.
from
Net
16,276,051
-
1943.
1944
'$973,905
"ty. oper. incofiie..,
From Jan. 1—
Gross
25,373,384
1863.,
Septemberfrom railway-...
Net from railway.!!,..
total,'$10,837,774.
Liabilities—Accounts payable,
commissions,
Net
■
'
from
Gross
Net
2,903,345
5,837,265
Gross
gations—cost and accrued interest (including tax notes
$2,587,989; notes and accounts receivable
(less reserve
1941
1942
1943
1944
£
railway..!
from
but
1944
Sept.. 30,
Sheet,
■
railway$18,1^1,790 $17,95.6,043 $15,789,550 $10,568,383
Net
->
Renegotiation proceedings on 1943 profits are still in progress,
final agreement with respect .thereto has been reached, v.
*
mortgage
Illinois Central ItR.—Earnings of Company Only-
business,, was
.
.
34,710
179,000
income
taxes
profit
821,50.0
$221,057
,
*1,135,000
1,344,500
$240,583
$273,146
"Revised.
Notes—Operations of the corporation' are also subject to review by
Price Adjustment agencies
for the determination of possible
*
Federal
Balance, -surplus
Earned surplus Dec.
FronlJan. 1—
Gross
$334,729
September-
however, in¬
785,822
530,189
879,574
income.
..
$18,593
adjustment
on
Sept. 30—
Net income
company's warehouse
in
9 Mos. End.
$3,042,769
$2,996,163
railway-
railway
oper.
1943
$28,610
)
$838,006
976,162
*
•
I
September—
901,350
taxes
income
Reserve
Holly Development Co.—EarningsGulf Mobile & Ohio RR.—Earnings-
95,929
1,247,472
1402.
^Federal
profits
able, .for redemption on Dec.il, 1944, of the balance of the company's
outstanding ,$% 10-year debenture bonds amounting to $283,100.
;
,
interest
12 Months*Ended
•
•
prevailing in the current Revenue Act, account for the subadvance iri. the 'company's accrued income tax -obligation for
The postrwar refund of excess" 'profits* taXCS,
in ratio to the amount of-tax. ' ;.. %' ■■■■,'
1526.
p.
p.
Net
■
.
railway
'
Net
income
property in Somerville, Mass., no longer
sold for cash in the month of September,
; 1944.
At a recent meeting Of the directors it was voted to use the pro¬
ceeds from this sale, togethet with.other available cash—a part of
which' accumulated from further liquidation of mortgage notes receiv-
,
,
period a year ago.
The
$187,690
57,333
30,954
\
Net ry, oper. income—.^
r
Canadian
19411
year./
used
1941.
$254,149
68,584
87,550
I*
of
rates
V stantial
.
1944
$566,621
.
^Increased
tax
Bids
$229,600
railway
'
Net
and
reserve for contingencies,
income And excess profits
for contingencies of $325,000.
same
,
f.
Western RR%-Earnings-
September-
$77,336
bonds
inc.
"Exclusive
kotes—Sales for the nine months (73% of which represented prodfor the war services)
were 5%. in- excess-of those billed in the
ucts
*
Gross
Canadian
serve
■
company's
CWT, Nov. 8, at
adj.
on
Deficit
$301,861
.
price
road
$58,940
1
income
Iluyler's—Earnings—
1942
$262,909
1943
t$280,725
1944.
•
f$309,243
——
Federal
"'After
rand
interest rate at which the
the purchase of four new
5,400-horsepower 435-ton Diesel road..freight locomotives, at a
'of $500,479 each, from
General Motors Corp/and sold to the
under conditional sale agreement to be dated as Of Dec. .1, 1944;
Will
Sept. 30—
•
; no
Bids
i
91,539,787
36,686,365
22,871,982
155,013,689 144,071,940 116,575,977
55,966,526
56,739,897
48,331,372
_
profit
creases
1941%
$13,749,944
7,003,925
4,951,872,
4,161,213
Int.
ileywood-Wakefield Co. (& Subs.)—Earnings—
9 Mos. End.
:
$19,778,866 $19,138,494 $18,056,777
8,861,570
8,303,014
9,566,519
railway——
from
Net
"
1944
;
railway-
from
Gross
V.V'V.^;
'•>'
:
Northern Ry.—Earnings—
September—
f.
r-:*.
•%/•■.■■;
$214,858
137,522
...
Net
•
<
1863.
$192,608
133,668
__J.
charges
•
■
p.
"income
$1,780,250
1,213,629
*
$1,311,000 ahd
Co. has been appointed trustee, jiayliig
agent and registrar for $4,700,000 3'/®%
sinking fund debentures,
f due
Nov. 1. 1956.
The bank has also been appointed debenture scrip
agent of the corporation.
.....
/■"'■■.-■•
v
The Chass National
Bank of the City of New York has. been
appointed registrar, and the Guaranty Trust Co. of New York as
co-transfer agent for the common stock ($10 par value).—V.
160,
;
,
•
The Chemical Bfink & Trust
\,
income
Gross
'not been "taken ill the profit and loss account for the
J'post-war credit of approximately $745,600,-for the year ending Sept. 30,
( 1944; and approximately $708,000 for the year ending Sept. 25,
1943.
( Had it been included in the profit and loss ac'eotmt,
the net profit
would be $3,200,330 instead of $2,454,730 for the year ending Sept. 30,
1944, and $3,075,312 instead 'of $2,367,312 for the year ending Sept.
25, 1943".—V. 160, p. 627. ,
*
Goodail-Sanford,: Inc.—Trustee, etc.—
%
in con-
Credit has
(2)
,
p.
net income not received have been omitted from the statement
formity .with the procedure adopted for the year 1941.
:\
i
'
Total
2,878,610
—V.
earned
Sept. 30
160, p. 627.
I
31.
$6,498
360,352
$14,640
337,757
$4,332
330,865
$366,850
$352,397
$335,198
$15,452
surplus
$340,563
excess
profits on war contracts.
Provision for Federal, income ahd excess profits taxes
puted on a comparable basis for both periods shown
to
anv changes occasioned by the passage of new tax
p.
831.
has been com¬
and is subject
laws.—V. 160,
THE COMMERCIAL & FINANCIAL CHRONICLE
1970
•"'Net
income
Inter,
194—3
Sept. 30—
tax;
income
1,513,000
■'
4,345,000
...
9,657,000 ' 11,047,000;
3,236,000
2,995,000
—
Koppers. Co.
»
'
Earnings
share/._;_v,.,
per
,.$1.53
,
;
the
Commonwealth
of
by
Massachusetts
$7,670,909
is
a
corporation which
•
It is the parent of
1927.
for
was
V
.
application as provided in indenture
*
,
.
,
.
' Co. for the cost of additions to its coke plant at
"
.*•
\
1944), • -;*•'
the sum of__iT____i—:
2,550,000
vk'-<3) to add-to' the funds-' in' the treasury of Koppers Co., ' :
•
*
; •
to be* used for the general corporate* purposes of
*
*
t
a
Kearny, N. J.; made subsequent to June 30,
;
'
./a
1.
/
Koppers
be
three insignificant subsidiaries;
:
!
■
to
not consummated,- :
Co.; Inc., if the
;
the merger -is
if
Co.
and
organized' in Delaware, on
the
Koppers Erecting Corp., By-Product' Coke-Co. of Canada^.Ltd.,>ahd*;,
Interprovincial Erection; Co.. Ltd.;. through-.-its ownership-'of all of the
Jan.. 25,
■
$8,738,431
$1.80$4,70. :
. $5.35
.$2,499,491- $2,930,-777
-
of
laws
v'
association,
declaration of trust dated April 24, 1931.
Koppers United Co. is the
of Koppers Co. and Fuel Investment Associates- through its
ownership of all of the-common stocks of*those companies.
-v.
•
Net-earnings
is an unincorporated
parent
excess
profits tax
to be held
(primarily for (he purpose of reimbursing Koppers
under* the
created
to deposit with Bankers Trust Co., corporate trustee
under, the indenture securing the 3%. series-bonds,
(2)
.
•
'
Organization—Koppers United Co.
4,423,000
.,
were
100/
at
.
.1,461,000
_„
Fed.
for
bonds
6,911,203
7,390,482
The
pricec) at 102 and interest and the nptes
Corp., Harriman Ripley & Co., Inc., and associates.
normal
Fed.
for
Prov.
2,520,554 :
2,521,815
Deprec. and depletion^.
Prov.
*
-
1944—9 Mos.—1943
Mos.—1943
$9,724,058 $10,474,256 $29,812,986 $31,941,421
821,787
273,925
749,595
246,752
__________
bonds & notes
on
\
(& Subs.)---Earnings—
Inland Steel Co.
Period End.
Monday, November 6, 1944
applied
by
V'*::
Koppers
"
" 3,609,106
merger-is 'consummated_J_„_V-;----'----------j--n4-;-
■
*
Business- of Koppers Company"—Koppers Cow. primarily an; operating
* •
,v
:-Vt company, *,is
engaged-, in, : and if tlwr merger: is... not. consummated,
twhich: see);, was organised' oh; Sept; 30','. l94Av_
intends. to continue* to be engaged in,, the** production, .manufacture
purpose-of carrying, out a plan; of merger under ,<
Note—Thr Milcor 'Steel ; Cer,/" a «subsidiary/ purchased . early' .in
C and; sale of: crude arid" refined coali tar products^ treated, andi..'une
which.it will be the; surviving corporation.:. Its ;assets and liabilities, ;.,
.treaied-Toxest. products; coko*- and.-gas,--machine* shop^and. foundry
October; '1944;; the, business, .siock^and, goodwill of the J. M: & L; A.«
pending*,"the consummation-of such mergpp, ar.e nomihkh";.t \l.i r'"'CJ
Osberrr Cot of Cleveland, phio. - For the- present- the- Osbonv company
I produqt-s/ piston yings,: and. in the*.design.'. and- construction of ' by•;Eastern Gas & Fuel*, Associate!? and-its subsidiaries: ares consideredr
will- be operated under -its own) name as a subsidiary of Milcqr. ;; The
v non-consolidated
subsidiaries of„ fuel Jnvestrnettt^Associates ;ahd, Kop-, : product coke* plants, coke ovens, chemlcal-plants and; related, .auxiliary
same'personnel--; will-': be ..continued,,;^.
"x>.:v
':■■■." r.i~
equipment and- structures.
Upon- consummation" of the merger, Koppers
,
pers,United Co.- and;,, after.;consummation.; pf jthet mergerriof .Koppers
The Osborn company was founded in.:.,1859 ands has a warehouse
■V CoK Tnci, .Intends; to be^ engagediri: these) activitifes aTtd.* also: riri"> th«
Co., Inci- ' FueL Investment Associates owns approximately; 57^:-of;the^
and - planf in • Cleveland; manufacturing .products; similar :£o.' Milcar,
i business: conducted* by«, Koppers
United:' Co.
Koppers: Co.: also. oWris
including eaves' trough^ contfuctor' pipe/stove pipe and general- sheet I outstanding .common -stock of. Eastern; Gas <fc Fuelr; Associates;,( jmdr certain-investments.
;•
Koppers Co. owns approximately. 21^; of. sald cpmmon', stock.
Koppers
metal building products,, furpace pipe .and fittings, - In the past Milcor
Co. also owns, approximately 13 ^"* of ther outstanding} preferred -64c> ;
,13%.
—Dated: Oct. -1, 'I944\ and. due Oct." 1, 1964'. ' Interest
has Supplied* -them/ with *accessories:"- The: company;also carries- on . a t
' cumulative-stock-of. Eastern ,Gas & .Fuel-Associates.,
^.,{...wv.j*,*. X
payable. April.,1 -and-Octi T .at offioe-of- Bankers Trust-Co., New York,warehouse business in. roofingy siding,., galvanized'sheets; etc.V-'?"
,;y. MontrealoCoke
Manufacturing. rCo. is .considered as,.a. non-consolior,: at bption/oL. holder, .at Union Trust Co,,. Pittsburgh.;- Coupon- form
Branch* warehouses-are located-in-Buffalo,-Detroit-,-and-Cincinnati.'■4 dated subsidiary. of-iKoppers-Co. • and-"Koppers United'Cqvr and, after,
in deriominatioh of- $1,600 each; registrable;as to principal only." Bonds
This
move-' provides yMilcor with "'additibdal
plant c.and warehouse
.consummation of the merger ;of. Koppers: Co., Inc. • Koppers(Co. owns:"
may be redeemed/ alLdr part -afe jiny time, upon .at: least. 30 days' prior
facilities.—V. • 160, p. 627..
<,r
v
*;:;;
■;
50% of the preferred stock and 50to of the common stock of "Montreal -,,
notice, at principal amount: thereof and accrued interest-therecpv to, the
v'jv,'L
"*
./f On!*.'1, j
<'■"
■' -at,
if
' * ; ■'
'*'iK Ji
Coke.<k'Manufacturing Co.
* •"";V-'*:r7'l*..v.'(: -v
date- fixed for redemption/* together 'with, a premium equal to the folrsAlan' W6od • Steel Co. .and Its "subsidiaries' are " considered. .as' hon- ,
'International Business; Machines , Corp.
Subs)
lowing* respective percentages" of such.principal-arnount, namely: v S%
consolidated subsidiaries of Koppers. Co.. and Koppers Uriited Co. and,
if-redeemed on or before Oct/; 1(J 1947;.
Earnings—:.; /.y,. .#•; \ Vp . ■j'; £*:H.' X
.
if'redeemed-thereafter
;'
after consummation of the merger of Koppers Co., inc.
Koppers' Co., ' and on or before Oct; 1, 1949; 4% ■; if redeemed* thereafter and on or
9 Months Ended Sept; 30— -T. '. *.*X
,;..u ;/ 1944 *; '; - 1943; :
owns 55%
of the common stock of Alan Wood Steel Co,--*_:
before- Oct. 1,
1952; 3 !/2 % if redeemed-thereafter-and on or before
Net profit before^.$27,744,383:$26,908,108
Oct; 1, 1954; 3%. if redeemed thereafter and on or before Oct. 1, 1956;
' Capitalization of Koppers Co. (Giving Effect to This Financing) ) v,
Net profitl-afterv taxes.'47^573,983 ' - 7,525,208
214% if- redeemed* thereafter and on** or* before Oct. T, 1958; 2% if re¬
hv.-.-- i.«
Authorized
fOutstdg..
Earnings per-share*_'X_j^it.-;w-_'L^-;--i—:'t$6.94r : " -$$7.24
deemed thereafter and on or before-Oct; 1/ I960;. 114;%** if • redeemed
i First mortgage bonds—__i._^__i.__-____vi_____'!,$200,000,000
"After- providing; for'-estimated. U.-:Sv. Federal, and- Canadian :income
3% series due Oct. 1, 1964l:_:_—23,000,000 *$23,000,000 ; 'thereafter and on or before Oct. 1/ 1961; 1% if redeemed thereafter
and. excess profits-taxes: (including $16,219,200 estimated* excess profits/
and on or. before Oct/1, 1962;
C Serial notes; :isue of l944_;_-_
11,400,000, 11,40Q,000
)f . redeemed/(hereafter and on :or
taxes after deducting, post-war. credits, of$1,917,500)y(; tOn 1,091,443
before Oct. 1, 1963; and 14 %; if redeemed thereafter prior to the date
cumulative pfd.; stock (par .$100)-j__i^w.
20,000,000
20,000,000
shares outstanding.' 40n 1,039,546 shares.—V; 160, p. 1290.%; L y; ,-l.
r Unissued
of maturity.
30,000,000
.'
v
pfdi stock (par $100)_i—
outstanding stock of these companies^*
deducting administration expense and all charges -for -repairs
After
-
maintenance. v
.and
*"*'."
*y
"Koppers Co.,
*:/*•':•.;
"in
,
Delaware
Inq.
the
for
.
.
f
■
.
-
•
.
.
.
-
...
,
.
-
'
.
■<
.
.
-
^
"
.
■
,
.
.
.
.
Common
stock,
-
($20
International. Great Northern RR.— Earnings-
•
1941
*.
;
1944
railway:___
$2,476,345 J $2 567,840 $2,028,320 ,$1,241,357
lr
829,756 -V .'313.650
railwayi-—^-y 1 688,144-. V- 938,250
382,402 ....M 666,984 !•; 189,521
oper. income. V; 267,654
September—
.
,
from
Gross
.
V
Net
ry.
fered,
Net
railway—22,942,453
railwayji____
6,926,876
from
Net
160,
2,585,548
4,791,847
2,188,598
3,328,410
983,006
income.^.
1402.
p.
-
•
will
4
stock
common:
of
/
1186.
-
Bankers. Trust
The
4
will
16 Wall St.,\ New York, N. Y..
Co., trustee,
.
Dec. 1, 1944, receive bids for the sale to it of. first
S^ sinking fund mortgage bonds, series A and series' B,
amount .sufficient to exhaust the sum of. $125,925; at prices not
p.
m.
to
an
to
exceed
on
Dec;
interest.
and
a02Vi
next.—V.. 160,
8,
p.
Accepted
;
1527.
bonds must
;v"V
.
;
the
delivered on
be
?..■
'
,
>;C
.•)
*•'
Period End.
*Ry.
Net
1944—Month—1943
Sept; 30—
$493,259
from
$486,725
113,202
oper.' revs.__i_—
rev.
147,404
oper.
ry.
-
Inc. avail, for
Net
85,937"
fxd.-chgs.'';
income
To Redeem Bonds—
The* directors-have
.all of its
bonds
114,648
51,370
42,928
to
decided
:;
;
.,
.
>
,v
call
for
$5,799,919
:
1,930,868'.:
;
redemption
on
1,
Feb.
1945,
Feb.
1/ 1947.
•'
;;•
; '
'
:
" ' :
'■
on
.the preferred .stock
share,was
.1943.—v.
made
160,
a
i527v'.,;..:
on
See
Dresser
Industries;, Inc.,
; ' ;
.
^
''
'
owned
entirely by Koppers
of
$1.50,
payable
at
maturity.
of the merger: and upon
consummation
/
and
of
.
of
interest on
and
payments
making
called
been
for
redemption-as of Dec. 1. 1944, through
the sinking fund, $200,000 of outstanding 41/2%
sinking fund deben¬
tures due Dec. 1, 1966, at-100 and interest. ^Payment will be made
at the Chemical Bank & Trust Co., trustee, 165 Broadway, New York,
Underwriters—The
N,
Y.—V.
160,*
p.
1863.
'
'
Kansas Oklahoma & Gulf Ry.—Earnings-^- '
1944
Gross, from
railway-
$37.6,456
railway-^—1
.
-
$304,597
,
I" ,200,903
oper. income™
89,14^
'.Net from
!
1942
1943
ry.
$296,805 .'
99,044
.29,890
.
.1941
.
„
$220,349
123,941
162,274
74,'969
•
,.
,70,p52
From Jan. 1—
Gross
Net
from
from
-Net
,
160,
3,105,803
2,970,251
2,217,836'
1,374,999
1,153,334
1,023,654
719,655
589,163
521,679
632,952
p.,1403.
A.
Period End. Sept. 30—
1944—9 Mos.—1943
$2,464,095 .-..$2,401,079
revenues—
Operating expenses
'Maintenance
,
1.437,811.
___
169,469
Depreciation
Taxes
1,3^9,752
Vf 144.774
114,299'
*
.1
385.873"
1'
$356,643%'
387.156
"
Operating income
$355/105
Halsey,
Gross
Int.
on
Amort,
income
of
,
1,958,886
1,885,722
238,618
■
*'-
•
198,287
'
152,398
$361,629
debt.
income
$361,947- I
178,410
178,410
disc.
21,352
"••*'
152,377
...
10,302
--
-
_~ ; "$151,320
provision
estimated
9,146
$153,039
for
Federal
1
10,232
$506,240
$537,347
237,880
237,880
2.9,565
23,866
13,951
11,663
$224,844
$258,938
*;.*■:
W.
tax.~-V.
160,
Koppers Co.—Bonds and Notes Offered—Public .offer¬
ing was made Oct. 30 of $23,000,000 first mortgage bonds,
series due
headed
by
Oct.
1%
Mellon
1, 1964, and $11,400,000"serial notes
by an underwriting group
Securities Corp., The First Boston
to 2.50%)
re¬
sever¬
Serial
Bonds
Notes
/,
$3,500,000 : $1,736,000
,70D,009'V ^; 348,000
C.
272,000
1,116,000
550,000
272.000
1,750,000
868,000
550,000
272,000
'
250,000
: -
Chicago'
120,000
550,000
272,000
250,000
Co
Co._-____^_^_____i__
of
944,000
1,900,000
120,000
—_____
488,000
1,000,000
Co.___:——_______
1,500,000
&
&
152,000
550,000
—
Co./ Inc.:
Langley
868,000
2,250,000
Corp.
Company
'
300,000
Stuart & Co., Inc.———___i—____
Ripley & Co., Inc
;—_________
&
120,000
250,000
1,750,000
4__—:
Co
&
Co
760,000
1
;E.
H. Rollins &
;—
250,000
150,000.
392,000
250,000
»
120,000
800,000.
—_—
Sons, Inc.__„_—
Singer,
&
120,000
76,000
&
Co.,
"Union
Securities
'
White,' Weld
..
—V.
&
,
Weeks
Whiting,
Co.,
Koppers
^
'/
^
,
* 172,000
1,500,000
r:
,C6rp^_^_——r——
Co.
& Stubbs.—
'
760,000
1,000,000
550,000
272,600
488,00O
"
300;000
——
1632.
160, p.
350,000
Inc,______—________
Inc
120,000
250,000
Boyce———
,
Nicolaus
Stifel,
Scribner__——__
§tonev & Webster and Blocjget,
.
152,000
;
Inc.—Stocks 'OfferedPublic * offering
made Oct. 30 of
150,000 shares of cumulative pre¬
ferred."stock*,. 4%"% .series' and^ 200,000 shares of cpmmon
stock " (par $10) by,an underwriting group Headed by
Mellon Securities Corp., The First Boston Corp., Harri¬
man, Ripley & Co., Inc., and associates.
The preferred
stock was offered at 103 per,share and dividend apd the
common stock at $25.50 per share.
See also Koppers Co.
above.—V". 160, p. 1632.
'
;
was
.
.
Bros.* &
Stein
.
Deane
Lake Superior & Ishpeming
i.
$350,000,
1943
1942
1941
$398,077
$415,743
$366,886
$379,143
249.666
265,733
228,964
251,193
income.
187,924
192,572
187,275
129,875
2,720,243
2,810,338
i,787,471
from
from
Net
ry. oper.
1944
.
railway-
Net
,
4
_Xet
"
the cost of certain property additions) at ,.101%,
which will require_l______'________'__l
$3,000,000 A'/ol bond due May,1961, "secured by
__
a
1st
at
mtge.
the
Koppers'Building in PittsKonpers Co. and held by
of Pittsburgh, mortgagee,
101, which will require
burgh,
The
on
assumed
Union
Trust
'•
"
Gross
-
from
,
2,493,193
railway—
—V.
oper.
160,
income.
__
3,030,000
'
-1,264,078
722,742
709,955
.1,512,603;
746,733
903,815
1527.
p.
Lehigh & Hudson River Ry.—EarningsSeptember—
Gross from railway
Net
from
ry.
from
from
ry.
V
1«— '
Jan.
From
Gross
railway
oper. income—
Net,
Co.
2,476,100 *
-1,267,610
Net -from, railway
.Net rv.
Net
bv
'
.
From Jan. 1
Net
S,030,000
RR.—Earnings-
railway——
September*—
Gross
cost, of
the
:
'
(interest rate
the
follows:
as
Inc._—
Boston
Lazard. Freres
.
433.
3%
underwriters and
series bonds and, serial notes,
are
Moore, Leonard & Lynch*
Reinholdt & Gardner
;
wiU be
and issued to finance a portion of
certain'property additions) at- 103, : . :
which, exclusive of accrued interest, will require
3,605,000
(c) $3,625,000 of Koppers Co.'s * 2% serial notes, due ; . •::■,
t'*
semi-an'nuaHy.Sept,» 1, 1941,; to Sept. 1; 1945", at
10014, .which,, exclusive, of accrued .interest, will.
- r..i
require
* 3,643,125
(d) $2,000,000
Koppers
Co.'s
2%
serial
no(es, due '
semi-annually March 15, 1946, to Sept. 15, 1950*
(held by The Union Trust Co. of Pittsburgh in '
the amount of $1,000,000, by
Mellon National
Bank in the
amount of
$400,000, by Bankers
Trust
Co. in
the amount of
$300,000, and by
"
Guaranty Trust Co., New York, in the amount
of $300,000, and issued to finance, a portion, of
'{:
'
income
each,
Sons——_
Burr,
Illinois
The
,
of
&
items__
—
-■
.
,
'*$499,523* " $527,115
,
1964.
1,
$750,000 from
•
483.844
.6,71-7
the principal
Corp
Hayden, Miller &
Hemphill, Noyes &
"
495,971
6,842
&
Hall
Harris,
Issue—Upon
..
'
21,597
misc.
"Including
-
'/" ;• 4,986*:
long-term debt-
&
exp.
p.
(net)
interest
Other
Net
.
income
of
Harriman
"(a) $20,819,000 Koppers Co/s first biortgage and collateral trust
bonds, 3V2% series due March 1, 1961, at 105V2,
which, exclusive of accrued interest; will require $21,964,045
(b) $3,500,000 of Koppers Co.'s first mortgage and
"
^
Collateral trust bonds,
series-due March".;
' '
■
"1, 1961 (held by Metropolitan Life Insurance
Co. in* thd amount 'of $3,150,000 and by Reliance
.<
Life Insurance Co. of Pittsburgh in the amount'
'
■'
'
Non-oper.
&
Hallgarten
,
$3,345,396$3,247,345
un
April
on
semi-annually
Co., Inc
Allyn &
First
The
the issue and sale of the 3% series bonds
no^tes .company will apply, or cause to be applied,, the
total net proceeds (approximately $34,137,431), together with" $6,293,845
now held by Bankers Trust Co. and R. G. Page,, trustees under the
indenture' and supplemental indentures
securing Koppers Co.'s first
mortgage and collateral .trust, bonds, 3'/2% series due March 1, 1961,
and 9 Vb-% series due March 1, 1961?.lor t)ie, following^purposes:v
r. ' tl) To
redeem on: a-date not later than 45 days• after, the delivery
of and payment for the 3% series bonds and the serial, notes being
offered hereby:.
.
• • •'.'
1944-^12 Mos—1943
114,292
.
1
'i_
C.
Coffin
con¬
or
130,000
Purpose, of
•
:
to
Securities
Alex. ,Brown
offered;
(5)
the preferred 4%
Co. outstanding in the amount
into
due
Baker, Watts &. Co
44—*
Blyth &' Cq., Ihc,_44-4_^;*__4^-—
V,arid.the serial
Kings County Lighting Co. (& Subs.)—Earningsoper.
prior
owned by either; Koppers Cp. or. gpjjpeys United Co,
extinguished' and canceled" in the merger. " " '
'•
1,848.305
1,653,623
Kimberley-Clark Corp.—Secondary Offering—Lehman
.Bros., The Wisconsin Co.. and Hallgarten & Co. on Oct. 27
made a secondary offering of 48,260 shares; of common
"stock (no par) at $36 per share.
Dealer's* discount, 75
cents.—V. 160, p. 1864.
Total
be paid
•„merger,
railway
railway
ry. .oper. income—^.
—Y.
will
redeemed
if
1944,
.
'
;Net.
outstanding
now
cumulative stock of Koppers
of 25,000 shares will be con¬
shares ..of-common stook of Koppers Co„ Inc.;
(6)
the common stock of Koppers United Co. outstanding in the
amount of ,3.000,000 shares will be converted into 570,000. shares of
common stock
of Koppers Co., Inc. (which shares .together with 130,000 shares and 200,000, spares how being offered will comprise the
total of 900,000 shares, of 'comnfon stock of Koppers Co., Inc.,;.to be
.outstanding);, and,, ,(7) all other outstanding stocks: of parties to the
being
United
verted
September—
Co.
1/10%
1,
3% Series
currently with the delivery of the 150,000 shares of new preferred stock
and of the,200,000 shares of common stock of Koppers Co., Inc., now
-
•
United
names
,."v V.-'
Name—*
Mellon
all such promissory notes as may be issued
not exceeding $111.50 per share to holders
6% cumulative preferred stock of Koppers Co. who dissent from the
and request cash settlement; (4) the $4,786,624 of bank notes of
Koppers
and
Oct.
ally to be purchased by
merger
have
There
1963;
spective principal amounts of 3%
the
cipal of
HIowa Southern Utilities Co. of Delaware—Calls $200,000 of Debentures—
:r :■
:>.■
;
a-'.'u
^ :
redeemed
.
and de¬
the sale
150,000 shares of new preferred stock and of the 200,000
common
stock of Koppers Co.,
Inc., now being offered,
of
if
;of such principal amount; and.(ii) If less than all of the serial notes
are to be dedeemed,
and," if after the redemption of the serial notes
to be redeemed there will remain outstanding any serial notes having
'. maturity dates later than the maturity date of any of the serial notes
•redeemed, the redemption premium payable upon each serial note to
be redeemed shall be .125% of the principal amount thereof for each
six months or fraction thereof by which* the* maturity thereof is antici¬
pated,
'■ *:* * ;,*•/
/; ■
Co.
interest
1%
-
be
the
1958;
.
he assumed
■').
above.—'V. -160, p. 1737;
(both
1,
Trust Co.. of New
the $23,000,000
••find
per
Feb,, 15-and :Dec.-15,
International-Stacey Corp.—To Be Dissolved^ *
Associates
1,
Notes—Dated
.
Koppers Erecting Corp. and the $6 cumulative preferred
Investment
Oct.
,
:
:
before
or
Prihclpal"arid* interest -payable-iafci the principal, office of Guaranty
York, trustee, or at option of holder at Union Trust
Co., Pittsburgh.
Issuable in coupon form in1 denomination of $1,000,
or in registered form without coupons Imthe denomination of $1,000 or
/any multiple thereof./ Notes-may be redeemed on 30 days'i prior'no:; tice at the principal amount/thereof. and accrued
interest thereon* to
the date of redemption, .plus a premium calculated as follows:- (!)■ If
all of-the serial notes are to be redeemed, or, if after the redemption
of the serial notes to.be redeemed there will remain outstanding rto
serial notes having maturity dates later than the maturity date of any
of the serial notes redeemed, there shall be a premium payable upon
each serial note to be redeemed qua! to 0.075% of the principal amount
thereof lor each six months or fraction thereof by which the maturity
thereof is anticipated/ provided that no such premium shall; exceed 1%
•
flrst 'morigage bonds,'3% series due Oct. 1, 1964,
$11,400.000 serial notes, issue of 1944, of Koppers Co. will
by Koppers Co., Inc.; (2) each of the 200,p00 outstanding
shares of.,6% cumulative preferred stock' of ";Koppers po."'(\j'thei;; than
any held by holders who dissent/from the merger and 'request cash
settlement) will be converted into a promissory'tiote of Koppers Co.,
Inc., due Dec. 31, 1944, in the principal amount of $110 bearing inter¬
est of $1.50 payable at maturity;
(3) Koppers Co., Inc., .will irrevoc¬
ably deposit in trust $22,300,000 for the purpose of paying, the prin¬
(1)
of .dividend action
J
.
Fuel
United
Upon
r
consideration
.later date.-.A distribution of,$1.25
15, this, year,; and
May
on
P.
until
of
shares
to defer
The directors ;have decided
,V
.-...-.V,.,;i
"
.
on
before Oct. 1, 1960; ?4% rif redeemed thereafter
1, 1962; %% if redeemed thereafter and on
Oct.
,r
as
livery of the
.
Dividend Action Deferred—
Inc.,
Co.,
Oct.
and
or
April 1, 1945, to Oct. 1, 1950, both inclusive,/and $300,0OO from
April 1, 1951, to Oct. 1, 1954, both inclusive. The notes bear interest
rates varying from 1% to 214
%.;
V ^
- , ./■';*;
the
bearing
$225,000 outstanding first lien and refunding mortgage 6'/2 fU
due
re¬
at
*
extinguished and cancelled; each common share of Kop¬
now outstanding will be * converted into 19/100 of a
1 share of .common stock of Koppers Co., Inc., and each share of pre¬
ferred 4 % i cumulative stock of Koppers .United Co. now; outstanding
^ will be converted into 5.2 shares* of common stock of Koppers- Co.,
Inc.;; and each share of 6% cumulative preferred stock of Koppers
Co. now outstanding will be converted into a promissory note of Kop¬
pers. Cp., Inc.,
due Dec. 31, 1944, in the principal amount of $110,
1,415,550
_
Serial
:on
before
or
on
before
or
Inc., and
promissory notes of Koppers Co.,
terms of the merger agreement, the common stock of
Koppers Co. ahd the common stock of Fuel Investment Associates
(both owned entirely by Koppers United Co.), as well as the common
¬pers
2,546,119
2,033,144
1,470,236
...
and
being extinguished pursuant to the plan of merger.
being consummated.
merger
Under
Co.), will
.
$5,512,281
2,441,635
be
the_.following respective- percentages of such principal
2% if redeemed on or before Oct: 1, 1955; H'2% if
thereafter
/thereafter and
Corp.-;will be
Erecting
Koppers
stock
1944—9 Mos.—1943
,
no
equal to
redeemed
Koppers Co., Inc., and the capital stock of Kop¬
longer be outstanding,- the 6% cumulative preferred
stock
stock of the
.
International Rys. of Central America—Earnings—
and serial notes
of. the serial notes, now .offered, is not>contingent upon-the consummation of the proposed plan of merger.
" :
The issuance and sale by Koppers Co.,. Inc., of the new preferred
Stock and the common stock, now being offered, is contingent upon
,
and rrefunding
-
series bonds
merged* into Koppers Co., Inc.; .and
the surviving corporation,-will succeed to
the properties and carry on the business of the other companies.
The issuance and sale by Koppers Co. of .the 3% series Bonds and
that
<
.
will
V Koppers
'
-
International Paper Co.—Tenders Sought—
•Pntil*3
or
,
approximately $8.38 per share.—V. 160,, p.
;
and. may
amount, namelyr
k
by
being converted into
common
3<%
whereupon the
Proposed Merger—It is proposed that on or about Nov. 10, 1944,
Koppers United Co., Koppers Co., Fuel Investment Associates.and-the
•
of
the net asset value of < the 489,973 shares
this corporation outstanding..was $4,104,692.46,
1944,
30,
.
to
assumed
Co.
stock
International Mining Corp.—Asset Value—
Sept.
be
pers
;
the
At
mium
time shall not exceed $200,000,000.
.
* :
,
be outstanding will
constitute the 'outstanding
one
is consummated;
ger
.
8 ,602,262
any
amounts
funded, debt and capital stock of. Koppers Co. until the: proposed mer-
10,189,796
3 ,210,691
oper.
ry.
—V.
15,005,048
22 ,032,196
redemption
to
subject
are
mortgage, honds, in addition, to-the 3%
fThe
from
bonds
series
may
standing at
From Jan. 1
Gross
3%
>
,
fronr
Net
The
,
deemed in part on April 1, 1951, and thereafter on Oct.; T and ApriM
series-bonds being of-,
in each year to and including April *1, 1964^. through the operation
be issued from time to time only under the restriction and V.
upon the conditions: contained in
thejmdenture, - provided-that the ag¬ vOf the sinking fund, at the principal .amount thereof and accrued in¬
terest thereon to the date -fixed for redemption, together with a- pre¬
gregate principal .amount of first-mortgage honds* which.may. be out¬
"First
...
1942
1943
20,000,000
20,000,000
par)
'
railway
railway
oper.
1R(1
n.
i"nome
1527.
1944
1943
1942
$225,864
57,638
$262,770
$272,339
73,664
105,805-
18,352
20,484
29,033
48,479
2,352,335
2.604.546
1,624.319
924,946
" 1,226.159
655,849
229,322
312,879
278,066
1
2,454,531
858,096
205,144
1941
$208,725
■-
86,571
THE COMMERCIAL &
Number :4331':
Volume 160
V1944 *' ,
1943, y * * 1942:
•Netincome
; $1,134,090 ; $1,022,137 "
$756,016
t,Earns.: per hh., cap, stk,, '
,
$1.96 . v, : $1.74 - :' " $1.27,
directors on Oct. 17. declared-a dividend of- 20, cents per share
"outstanding;'''common; stock; 'pah $i/.payable Dec, :ll .to; holders,
record Ndv.' 15.v" The previous! payment: On this issue was one of'
cents-trn April 15, 1942.^-V. T60, p. 323.-• *
- ,,.-(■ •
<
The
oh
the
of
40
all
After
and ex¬
for Federal income
including provision
charges,
written
J
"
September-r-.'.
V* 7 •
1944 Gross from railway A._i, v. v $533/359
Net from 'railway! Jx!,, z*'
196,932
;
railwayi__.w_'
Ifet»from
Net
•
1527."
p.
«
r,0T2C7l2
",".".7
C; $443,740
• -
Maine-Central ;
-179,893
120,125
'
_
.
.
Operating: revenues.—,
Operating expense's *!/.,
3.898,922'
..1,679,104
,1103,431
Aaa,
;'j
•
"i»41-
'
,
from
■'IT
; :"V\.V
«,
,
railway:-.",!,' 75,*053,944 • 68(440,205
.from railway,-^— ' 21.172,123.; 23,283,047
ry. oper; income-—. (
9,132,175 < 10,200,520
Net
Net
-V.-160,'
'1403.-
p.
^
A*:
41,755,7.07.
14,291,469;:
8,485,525: f
55,981,250
19,267,8078-618,257/:
.
.
.
451,593
$198,404
546,222
.
1,310,913
.$44,644
'
■
C
.^taxes amount to■>
•
\^I'r.U'.;;-1,:
f
Co:—-Special Offering—A special
Link Belt
Oil Refining Co; (&
Lion
9 Mos. Ended
offering Of j
1944
$2,157,306
1,176,537
for
taxes
income
"_x_—
Provision
-
Earns,
:
sh. on 435,090 com. shs.
per
—V.! 160^
'Revised.
.
National. Bank,
Midland Valiey> RR.--Earnings—
f
<GroSs
Net
\*>..145,59l
r\!
5 231074'
railway—,— ;
Oper.; income
ry.
From Jan. 1—
ry.
,■
:
H.
r
'M;','By-llesby.:and
Inc.
;. i
Gross
possible
order.
(,'
■.
■
Gas
purch., oper. exps.,
& gen'l taxes,
13,845,712
$168,318
'79,743
;
Operating
income
Other income
income
Gross
<
—v!
359,814
2,807,109
"4,014,194
4,034,500 " 6,268,380
4
2,858,590
Depre... deple, Ac amort.
Prov. for Fed. inc. tax.
4,624,500
:
"3,761,798
5,959,845
$4,606,052
$4,058,919
$3,210,063
$3,574,785
income
Net
$15,248,441 $14,252,033
471,471.
$11,336,615 $10,405,034
278,740
353,362
———
charges;
Income
492,459
,
..
..
revenues—
oper.
Operating expenses —Maintenance vxx'xxx-x,-
Depreciation-'
•Taxes
————
r
mechanical
as
'
v,n.■('>"'
•
inc.
6s
36,948
6,993
..
interest
Other
$3,773,595
1,355.118
1,37-2,522
52,395
16,079
24,654
30,174
$1,171,287
684,375
: 1,049,594
23,782.
—_
;
'
-18,818
Net-income
.
$1,361,205
818,969
,
income'
-
35,990
.
>$2,118,602
-
'
27,483. -
$2,337,600
909,375
Bal.: to
.
>for.-income"ta'x. tOf, debt (discount and expense
deductions.—V.-s 160, p. ;1187,
••;
;•>
"Including provision
miscellaneous
and
Long
i
Net from
ry.;
railway,—
Net
ry.
-
•
258,623
oper; income—_
From Jan. 1; Gross, from railway——
Net from rail way—I x-l
;
oper,
"1943 "
($3,911/354
.
:
stock to:be reduced ;to
Application
>r
Sale
Louisiana & Arkansas
Ry.—Earnings—j- t.xx.x f; t
T944--Month—1943.-, ,:i944-<-9 Mos.—1943
revs-i—™;• $1,818,953 ;$l,610,535 $15,294,953 $14/706,451
exps._
,x—
1,039,963
1,046,116 ; 9,078,9l4
8,637,567
Period End. Sept. 30->
oper.
Ry.
oper.
;
r
'
Net
•
fr.
rev.
oper;
--x-xxx—
income-^x,
3,145,500
635(347
82,835
•
250,000
•
of
Net' ry: oper;
85,390
18,205
$267,559
inc.——
—V. 160, p. 1404.
.
;
•
-
*
•<
>..
September:—1944
from* railway,—, $17,269,002
Net Tyv
"railway:,.!',!—
oper., ihcome—-
j From Jan. 1.Gross from,
Net
from
6yS2l/$ia8
.
1943
J,
.
'
•
"
'1942
-
1941
$.17,358,382'$15,331,921-$10,854,252
>7-104,238. ^.6,862.009 ,y4v552;404': ■
.
2,715,554'
T,970;5'l9' ""2,040,487 *- 2,993,392 s
railway—„ 160.343,658 15"5,619-035-120*76Lel6
1365.-....
-
,
19,677,252
*.,
y
*
■
f86,6$2,072', >
48,269,0711 30,648,-745 t-
10,37^,366
r-.
English
$2,182,894
>$1,28
t$1.65
4$3.24
for
Operations
;
and "Swedish -subsidiaries
subsidiaries were
and ..Canadian
as
the English and Swedish -subsidiaries for the nineSept;30,1944,-are not included in the above statement.
nine" months ended Sept. 30, .1944,-Include $11,871'
for
sales
of
of
months ended
■Net
the
the company and! its-domestic -and- Canadlanx/subsldiaries to the
English, and Swedish subsidiaries; :;$5,347rof this amopnt: applies t<r
the tliree months .ended Sept. 30, ;1944.' :Dollar remittances- are being
by
received
covering
such sales, (
:
> ;; "; ,;
;
1
>'.
;(, Information recently -available , indicates that the JEnglish: and^Swed- *
lshv subsidiaries are .continuing i/operations,..And ;that, their; physicalassets are intact.
The disposition of a loss. , if: any/ Affecting .the"
assets";ofxthese - subsidiaries .-"Will::be ::made -probably at- the year end,./
in accordance with' information then,'available.-^Vix 160,, p. 629.
.!
Minneapolis & St. -Louis- Ry.—Earnings^—
•
Net'from
~.V*. > '
-?
(
-v.. 160,
has been com-:
'•
.■>
■
r
-> .'
Net
Gross
Security
•.,*
;
Amount
;
pfd..stk.vcum. (no.pari:
.
.
,
. . .
.:
.
..
$4,544,204
■r
1/751,019
1,192,087
$3/679,825;
1,336.375
.
1,334,027
./
39,834,190
11,167,126.
railway
from
ry. oper.
160,
pp[
income
878,326
•817,754;
34,968.605
31,064,462
26,596,266
10,573,740
8,619,743
"5,123,427
4,561,134
income,,!;
railwayxxxx,
Net
.
;.
6,834,361"
7,375,150:
:
1865, 1738.
*
;
7,736,07.1
.
Mississippi Central RR.—EarningsSeptember—' "
:j;-
Gross
from
Net
ry;
railway,,x,,„
oper;
Gross
„
Net
4,847,940
12,062,227
.
.
.
.
.$94,323
103,242
13,073
-30,449
55,398
1,311,976
1,173,976
"497,070
-449/479
241,955
230,907
!.
from railway—1,645,108
ry; oper.
287,763
121,097
-■
-629-, 1-48-1
Net Irom-railway,,xx,lH;:
$21,855,288
.
$191,371-
64,646
.
-^0,567
From.Jan. 1—
.
,
income,,,
284,796
income—t..--
1941
$155,310
68.160
.
1942
'1943
•
$174,416.;.
•
...
.
.1944
.
from, railway____
Net
•Total Amt.-
Call Price
r
"1941
> >1942
1943"*-
.
First Mortgage* bonds:, ;
'<•' -■ *•* x> ■
.1 Series^ D, ,41/2%, due Mar. 1/1968,$20,330,500 107y2.%;
Series E( 4%; due*May 1, 1971,3
-4,684,000. 103'/2% :
Series G, 4%, due May 1, 1965!^
11,710,900
-.103%
Prior
Earnings
Ste. Marie RR.-
>1944
JauL-1— :!<>■■:' •l.J/.
from
company:
Title of
,
„tv
$4,782,668
$4,744,113
1,910.590
railway_,0,x- -1;498,467-
Net
—V.
9,688,686:? »,7,987,553
V; 2,818,414 , 1,938,606
J 1,996,230
1,113,402
-v
railway,!,*!
oper.-
!U From
proceeds, -exclusive
the
from
Net ry.
344,345 V> 233,002
422,608 .;
,
Minneapolis St. Paul & Sault
>of accrued interest and accrued dividends,
from the'sale of the 1974 series bonds and the new preferred stock
amounting to ($37,249,690/ after the deduction of estimated expanses,
together with the $9,049,900 to; be received concurrently from NY PA'
NJ, as stated- above, . and -other funds of the company to the extentrequired, are to be-applied to the redemption of .the following securities
of
'
1528.
September—
Gross -from
1
.
Vx.:
.
NY
Island..
p,
;
vl94I-
$1,351,569 $1,241,196 $1,055,897
500,959 • v>*-445;138;''328,285
11,391,773 110,935,886
3,110,288
3,599,759
1,288,694*
2,798,987
from railway,,,-Net* ry. oper. incomex
r' (>7 /V.
.
1942 >; -
:1943
:
(109,019.
;
Net
PA' NJ: Utilities! Co., cash in the amount of
$9,049,900 and!the surrender>fbr cancellation of following shares of.
"the company's presently outstanding cumulative preferred stock, nowowned by- NY -PA NJ: 5,097
shares, " $5 cumulative preferred (stock,
81,220 shares, $6 cumulative-preferred stock, 9,412 shares, $7 cumu¬
lative preferred stock,-upon" the transfer by the company to NY PA NJ
6f $13,778,500 of Mohawk Valley Co.'6%. consolidated refunding gold
bonds,: due: 1981,; and the transfer to Staten Island Edison Corp., an
affiliated company,, of 100,000 shares of common stock (no. par) of
Staten
income:
From Jan. 1
from railway,!
Gross
of Proceeds—Company, -concurrently with the: issue- and
and the new preferred stock, will-receive-
parent,
!'c vi 1944'
$1,275,964
railway,. !x
railway,!,. !x V --350,835
Net - ry. -oper.'
.
the outstanding common stock of the company,1
the-authorized: amount of cumulative-preferred
185,000 shares as soon as the redemption of the;
.
:
September-—
Gross- from
1
•469
886,383
s
•LOSS.—V. 160, p. 1528.
>
.
"
x,_l'
x,,* 91,802 shs.
i$105
"• 9,639,210
Missouri # Arkansaa Ry.-r-Earnings—
"5eries>_4x,T',!!!_rr,^x-;;-.5,734 Shs. "•">$105; r*":'
002,070
1943
1942
September— -' *. * * - - 1944 •*
Cumulative pfd. st£v (no par):,'.......
.
.
*
......
f
$174,860
$163,696
$5 dividend series,'_,!,_x_!_x-xxl
589 shs.
$110 v'•
* 64,790 !, Gross-from. railway__x,.v $23L713 I $6-'dividend-eeriesL>j;'_i_xt-i_t,cilt.4.''i4j666-shs.;-i
120,902:
Net from-"railway- -54,760 ; ; v 27,191
$110
- 1,613,260^
~$6-dividend'series,
>r$7. dividend
•
1941
*
^
$111,928
^
■v
U,
!Rri9pose<5-~j
-tBu^nesftinc.—V7("i60j p! ?^187.'
$110
'
231,660
50. ,916/445
\ " ;.!•!(7 >
0ct,'t3i,rl944^ to ,re-r
^retlemptlon '■date^ ot ' fiutdi' seeurtties "Xv^ichf it* is "estimated'
Total
-—
•ExclU^ve -of
"
Maryland d^nnd; fnc.r^Merger
ser»e^___^;_,_i:"_r:_'_! ( "5,106shs.
Net ry. oper;
Accrued Interest
spective
'**'*•,■>*
Jiivideficls:
and -Accrued/dividends
from
;
;ittc6mei_'x
:
■
>3,508?
16,790
Gross A/from jaHatay
•
_
1,631,337
>-1,886,821•
.
x
,
.
16,470
1,504
•2,668
1,220,226
x ljB0329«
!
.FromJAfi. 1-7-..
...
*"
::: u
.
.
'-$7"dividend
19,128,655
uJ
SeerAmerican
$2,283,939
,
fatlwayLi—_1* ",62+119^23 ""68,551,616'
p.
..
v-; -v:
....
N«t ry.-oper. .income,—, -18,609,030
—Vj 160,
$1,662,904
$1,727,696
s $174,668
*
Net Irbm
"v 108,509-
■•'•104,873
13,217
> Louisvillev& Nashville RR: -^Earnings—
Gross
1
the 1974 series bonds
its:
The
$239,711'. $2,418,714 r $2,288,037
52,427
586,144 ;
516,623
$371,154
>
699,926
-•"74,707
,
rents—net
debit —i-X^_X_.——,,
;
y
—
3,097,400 f
:
Equip., rents—net debitJoint, facil.
X—
; '
$6,068,884
'325,000
•
V Other- taxes
>
$778,989 f '$564,419 ^$6,216,040 >
ry. oper.
Railway .tax accruals^
Federal income taxes
Ry.
■''
1 j •..( 1
...
v,r
.
presently-outstanding preferred stock of'the-company
pleted.z
./x-;" ;
*"*
*
Ry.
'(■■
-•
•;
holders of all of
Co.,
from
•
425,100
$850,215
the net advancesthe1 Company and its
follows:. The English
subsidiary, $51,847; -and the: Swedish subsidiary,- $11,752. ,
has undertaken to* cause
34,564(760 ' 32,994,782 26,000,047?- 20;424,847
9r,()25',113 *' 10/198,349 *'v 7/410,903" ■5,959,397''
V
2,498,734: '3,753,929
2,332,884 f: 1,123,090
income-',,
1527.
160, p.
t$0.46
,
.
585,900
r
Sept. 30, 1944, the investment in and
Notes—As of
,/r.lAdditional /shares of cumulative preferred stock may be issued only
in accordance with.the provisions,of such-stock. -NY;; PA NJ Utilities
-
.1,167,804-
••
—V,
share,,
providing
domestic
Dec.
callable.
$3,295,672">$2,400,243
906,498"
680,160'
r>* '"334,133 -—249/500 - J. 42,047
$3,9.64/252;
1,074,751'
railway^—,
'
Net
.1944"
'C~' ;
'/September^ :
Gross, from
,
1-,".*•> x;/-!,:' .x'xJ
1942 '■ :-■■■ 1941 (-y.
.
$1,757,794
174,260
.
1928,
.
Island RR. r-Earnings—f
$1,698,039
$875^955
.
»
156,300
$'654,435
'
to'-the
Haven Water-and Power ; Co. was1 merged into the company
I,-1926,-and .subsequently,^. by„an._agreement. dated April 25,"
between^the: company'and "the Land Title Bank and Trust Co.,successor trustee xunder the mortgage ; dated- April, 1, 1901, given by
York.dKayen-'Water, and Power: Co., 'the company • expressly assumed>
the
payment of'the principal and -interest of these- bonds: and the:
performance-and-observance :of all of the terms, covenants and con-,
qlitipos-. of : the,/mortgage; securing ,the same.
These bonds^ are- non-<
'
1,387,691
4,251,000
'298,979
estimated refunds to the U. S. Government.
tOn
1,243,800 shares
(which became outstanding following 2-for-l
stock split-up on March 30, 1944). - tOn 621,900 shares outstanding
prior: to-stock split-up. ,§Figures previously reported for the quarter
ended Sept. 30, 1943,/ and the nine months ended Sept. 30, ,1943,!
which; showed a net profit of $790,944 and $2,216,733,
respectively,
including post-war refund of excess
profits taxes of $45,629 and
$432,390 respectively, have been restated -herein to give retroactive
effect to adjustments of war profits and related
taxes made latex*
in the year 1943.
' ':>.'/>.(
•After
tYork
,
1,423,500
5,859,000
348,610
139,836
""
,
$466,912.:-$1,069,008ix $l;428,225:yj
"earned surpl. V. $542,236
457,564
1,742,600
^
$498,135
x_,.
refund of Fed.
prpfits taxes,,
Earns, per com.
•Unlimited,- > .y.x.'y''.
'
, $24,500,000,
tYork Haven (.Water Ac (Fower Co. 5s( ;.195l—_ ' $1,247,500 "
1,247,500
Cumulative preferred stock ($100 par)—!— J691.440 shs.* > > *V i >( ;■
•*, ' New preferred stock,!-—"
: ; y " ' 125,000 shs>
Common, stopk (no par)—500,000 shs. 360,780 shs.;
"The indenture does not limit the amount of new bonds which may
be outstanding at any one time but imposes conditions and. restric¬
tions upon the issue of additional new bonds'thereunder.
>'
on
;
$7,695,464
480,300
1,(563,000
129,635
Net. income
t
f Amortization',xx_,
Misc. res, of net
41,919
.1,021,815
-
1,016,286
long-term" debt,
on
>
$2,261,576 .: $3,528;548
$2,420,091
-
Int.
,
,
$9,329,149
$3,015,955
:
.
excess
Authorized Outstanding
>■
•
"
Net income
.
bid
Refinancing
exc.
profits tax.
excess
Post-war
for a 3.90%.
100.629 for a '3.90%
and associates, bid 100.55 for a;
y'' ;;
'-> ■
Capitalization After
(incl.
Misccll. charges
r:>r>-::.>;"y((:'j
First ? -mQrtgVg«;v iw'nds__T!.i.,(i!x——
'•> 1974 Series Bonds, (due(Nov. 1, 1974)-™,*—
Co.—Earnings—
Subsidiaries)
.J
stock,
cap.
taxes
and associates won
,
'i.
1944-^-9 Mos.-~§ 1943 '
-$2,996,174r *$9,287,882 $7,643,797
.19,781
41,267
51,667'
3,422
profits tax),' 6s State
Fed.
100.312 for a 2%rIo- coupon, x
and Mellon Securities .Corp.
similar dividend.
•
" >
125,000
Regulator
$2,671,070
income
Gross
Fed.
dividend,
4,500
.
1944—3 Mos.—£ 1943
(Other income credits,—
alphabetical
possible.
Securities Corp.
of
Yarnall As'-Co.,-——
alphabetical
associates winning
$3,766,797
; 6,798 ;
$3.,486,629
$2,254,583
-
incomexx—x_
Gross
bid
2,385,022 >
$2,383,143
.A Operating .income
Other .incoBM&J.net)——.
a
v
profit from opers. ' $2,667,648
«Net
it is not always
reasons
dividend.^; Drexel Ac Co.. and: associates
1,550,370" '2,069,096 ,1,992,130
3,097,558 f 2,338,981
1,552,306!
2,538,560 j
•
xT—x— •
2,500
(Including Domestic and Canadian
.
.
•;
to ^arrange- companies ■ in exact
However, they are always as near
5,000
.
Minneapolis-Honeywell
!
314,984
213,744
■■■/;■ Smith, Barney Ac Co., Goldman, Sachs Ac Co. and
bid for the preferred stock named a price of 101.386
1944—12 Mos.—1943
$12,618,984 ($11,384,986 $16,742,600 $15,074,296
4,997,361, 4,570,581
6,691,319 , 6,129,222
• • 1,147,614 • : - -624,430
1,397,998 , „ .847,166,
; 3944—9 Mos.—1943
Period End. Sept. 30— <
Total
•':>>.-■
Co.—Earnings—
Long Island Lighting
'
.2.000
1,059,142
the award of the bonds
Gther bids received included:
Halsey, Stuart Ac Co., Inc.,'and associates, 100.309 for a 2% % coupon;
Drexel 6s Co. and associates, 102.0499 for a 3c/o coupon.
'„
V
Mellon
on
v
.1.500.
_
160, p. 1865.
.
419,705
2,500
2,500:
.
6,500
-* •""Spencer Trask As Co._x_'—
■Harold •£.' Wood As Co._x
: ,.1,000
.f
—V.
'
been oversubscribed.*
730.
i6o„ p.
6,000
v
.
Button As-"
Schoellkopf,
At
Lord'.xxx_J;__X;X"_li,x_'-x
f
$24,500,000 first mortgage bonds, 2%% series, due
1974, and 125,000 shares of new cumulative preferred
stock, 3.90% series (par $100.)
•
>
(
; The bonds, priced at 101% and accrued interest, were
offered by Mellon Securities Corp. and associates. Offer¬
ing of the stock, priced to the (public-at 102% a share,
plus accrued dividends from Oct. 1,1944, was made by
an underwriting syndicate headed by Smith, Barney &
Co. and Goldman, Sachs & Co.
The preferred issue has
$13,776,689
475,344
30,671,400
10,198,582
„
Schmidt,:Poole • As Co._x,
I
5,000
As - C<3.— ."
L. F. Rothschild
.?, >
Hallgarten .As.*Co:x—j j, „5,000
Hayden, Stone :As Co.i, :•
5,000
of
sue
14,125,655
$11,232,471 $10,204,115 $15,092,190
104,143
; 200,919
156,251
maint.
,2,500
,
1,000
1,000':
"
—1—,
.
Haven
'
$27,902,344
'
Co.'
Granbery^ Marache Ac"x.-^ (>7
Metropolitan Edison Co.—Bonds and Preferred OffeTed
Publicly—Public offering was made Nov. 1 of a new is¬
* ;
$21,431,054 $20,875,515 $28,937,902
revenues—
oper,
2,000
1:
•
Period End. Sept. 30—
1944—12 Mos.—1943
1944—9 Mos.—1943
•
No.- of Shs.
•''..
Townsend^: ' -,.:.;pomert)yt. Inc.ix'x—x— n
.-Sheridan, ; Bogan. Co,—',
....;. Grouter.-Az B.odinexx,x>., .1,000
.
J. .W. Sparks As Co.,_—
Equitable - Secur,»,Corp,_,.,?; 5,000
Graham, Parsons As. Co.;;'4,000-. ostein Bros. Ar Boyce,,,1..
Da
*
■'''
Period End. Sept. 30—
,.
Co
J.anncy ,6s
,
..-•Buckley Brothers;,—l:'_x ".
>.104,752
57,869
1,076,668
income,—/ .
1405.
•:'•'.; •;-
position
(& Subs.)—Earnings—
Gas Co.
Star
..
: Hiu -As. Co.,
/Jeftks, .Kfrkland 6s:. Cb.x
t -5;O00
-Lehman Brothers',,—( 13.3331
; ^2,000 >
2,500
A. E. Masten As - Co.—x
'»'♦ -5,0002,500
*~E. M. :Newton Ac Co.-.x-—•''
i Boenning As "CojxX,x1—J
«s2,500
.Inc.Vx-x'—xJ
Canadian
Lone
the
of
.
Name-—
•;-'■•
the. several
number of shares(
names-
Co.-,lnc,. >
G.. Becke; <fc
A,
Blair As Co.,
■
'5,904
,
1941
v
$127,801 "
38,780
.
1942 .•
1,261,772; ; 1,364,917
599,419 j - 554,279,
177,840
279,690
oper.
—V.-160, p.
1737,-
p.
No. of Shs.
Name—
Bioren-As Go^i
,
>
'37,817
t;
.,
railway.——, '
from
Net
-
railway,_x_
from
$1.51
-
200,000'.
Inc.,Axxx___•
v-Kerner,
- 13,334 ;I
Goldman. Sachs. & Co.;, ', 12,333,
y
y
;
• >1944
* '"" "1943
railway,,— > » $143,108 """ $141,689
from
Net- from
$655,201
$2.60
■
$2,25
,Rambo, Keen, Close 6s
...Smith, 'Barney■ Jk Co.—C.
.
New- York ^Agency.-
..
Septeniber--- 7•
Net
$1,130,449
$980,769
*;
Underwritten
•
cents> per- -share--ha-vc
of -25
NOTE—-For
Net
-.'200,000
>.
»1943 ■
' 1942" ."
$2,518,901 " $2,173,726
-1,388,452^ 1,518,525
•
•
of'the new preferred "stock, 'and
by each, are as follow s:.'
underwriters
'
Subs.)—Earnings—;
'
-
taxes.j,———
Fed.
bef.
inc.
Net
Sept. 30— "
V200,000;
Collings and
C.
Conine—
500,00a
'
-cent^per-share and the .usual quarterly5
been- decalred oh the- common
^ stock, par ; $1, both '-payable Dec. -1 ' -to holders of- record Nov. 15.
A
similar extra distribution was made on this issue on Dec. 1, last year.
1v ihb'.n
•*.
-.'V''v..,". I*'.<
-V.'- 139,-p, baiH"
2418.'
Gross
:
Loughfidge At" Coi—"x:
..
C.
'
dividehd',of. !50
An -extra"
*
Oct/31;;at.$3,9.75, per:share, ^
Trask & Co...
The offering was" completed in-the elapsed time of -15«
minutes.1 There were 62 purchases by*.-26: firms; 2,500
was the largest trade, 10 the smallest.—V. 160, p. 832.
,
Philippine
office, of
at.,
'...dividend
commission of 75 cents, by Spencer
a
■
'
of-New, Preferred' Stock—The
Underwriters
.;
made con- the
(do par) capital stock , was .
12,000 shares
1,000,000
'500,000
dc
.
Sherrerd,,.. -.200,000
3c
"
Co.——
Hornblower & .Weeks—
$517,486 v $1,225,234-
Manila Railroad-—Interest
\
I The interest due Nov. 1,'. 1944, -on the Manila. RR. Southe'rn Lines
V.^lvwUCU; gvl«4i bonds, due
first'.mortgage ' i'/c .Vextended 'gold, i/i/PUPf. ..UWv., AJWJ* was 1'diU on that
1959, iV.Aw„ paid uu Hlfl
New York Stock Exchange;with
Butcher
,1,000,000
Estabrook
- - —
-share.
-•AftervaH charges and provision "forvtaxes- (1943
$i59.77ij.—v.;..loo,;p, 628. ;<>;m\■■
com.
,
Tucker,, Anthony- «b Co.
feept'/3<>^ 'P r*-i9"44-"^
inchme.; tCIiX-U, ; •-"
Earns/ per
Shields,& Co._——x_''a
-Chemical-.(^.—Earnings—' j tV.: 159, p. : 1865.
^943-^/' 19^2--j: ' J'1941 •...
"$55r5511.' '$64,994
$34,560'.j': $99,701. :*•
I,May, McEwen, Kaiser Co.—Extra Dividend— -^«:-V\ •'.:
I ~v,.v-$o.71 < .;,.^$0:86
•
$0.36
C^l.44-
Lindsay Light &
•
•
^Bosworth, Chanute,-
,1,000,000
Hurler--—a—
.
200,000
Red path
1,000;000
Salomon. Bros.■
160, fr. 1865. "
date,
'• 9
Mos.-End;
250,000
v.-'Scribner■
Auchincloss,. Parker 6s
^
.
1,386,080
1.
•Net
>250,000
.
V
Singer,- Deane
1,000,000
-1,000,000
<k
P. S. Moseley
i
$2,611,314.
$1,828,399
153,760
•"
Co.
Dillon
>
.7
....
-250,000
.
=
Reynolds 6s Co.—x
;
Hall & Co.
.
'-:r>
•'••■
59,239
income,,—i— JiTl-v:" '$48,449
Net
250,000
■
r.
>
'■
-V.
frqm
Gross
1.
1,500,000
•
$l;376-,806'-$2,065,092:
$139,165
•..-74,158
$191,363
■
280,000
Co.
«fe
Lynch
.
S
i
-
500,000
.
■
'-'142,914
■
Miller
Hayden;
Moore, :Leonard <fe
:
•
Inc: );..x—xxli—;
.Eastman,
i..
I''-'Gross-*' income—
«
H. Walker At Co.;_,
-G.
Sons
—_u
^Harris,
189,387'
-
As
Inc.
1
$117,205
•;
196,911
Rollins
H,
;
"
22,844
•
.
—i—
Rentals, .int.,
_
Jan. i— >/
; Prom
21,538
$500,000
-
Curtis—'
&
-
.
Amount
;
.
•
E.
Crl4,825 'v
DrI02,639 ■>■
#-Cri33'f'-Crli,731
(Or),,
rents
:
-Net-ry/ 'Oper.-; incomeOther income,--,——._!
■
Net
fac,
Joint
'•* ' " ; 1944 •••• -• 1943
1 C 1942 v.~
railwayj!:!! '$7,831,448 ' $8,072,748 J $7,256,891'' $4,991,794
Vl;768,686
from ^railway,,;:;,,- -1396,721
~2v932/638 r/X 2(803,7431,306,970
1,201,39lc.. 1,091,646;
ry,_aper, income.* _x
.1,336,973
Net
'••■»■
Equipments rentsxA—
•
^Webber,'-
Jackson
White, Weld ;Ar Co.:2,, / 1,817,000
"
*
Taxes '
Paine,
''
'
Corp.-• 1,817,0001.
Securities
i.Union
1944—9 Mos.—1943
$1,526,573 $15,017,176 $13,979,453
11,100,554
9,630,521
1,397,789
1,159,737
2,240,266 " 2,109,278
212,068 4
' 216,558
$1,748,467
,
-
•
-
.
.
Laurence M. . Marks <fc
1,817,000
f 1,817,000
1,817,000
hazard Preres 85 Co.— *-1,BIT,000
1944—Mqnth—1943
,
«,-■■>•••
.
Name—
$1,818,000
Corp.
& Co(, Inc._j.__
Kidder, Peabody As Co.
Blyth
RR;~Earnijlgs-
Pdriod'End. Sept. 30—
.
Lehigh/ Valley RR.—Earnings—:
The First Boston
^
-
*
:
September—
.
Gross
1404, >
stock.—V-. -160,< p.
capital
•
Amount
;
Securities Corp.
Mellon
1941,
.
4,656,082 **" 4,673,054
1,738,701
1,851,648
1,053,675 ' "1,136,985
6p"er^ income_i_ v
ry.
—v.-160,
i
1942
!■■
-
>-i;
4,803,733 7."
1,675,349 >
>'[; '■
1 Prom-Jan. 1
Gross fhom failwayi~-h'*
■
1943 "
••
; $533/241 --$565,775
£19,093 - '••> 244/755
*
138,697
•152,761
ty. oper.; incomers rr;'11^.995 *,
Net
■
„*.(
Lchigii & New: England *RR.- -Earnings—,
several under-'
under-:
and -the principal' amount
bonds,
; series-
by each, are as follows:
Name—
profits jtaxes (and (after a reserve for post-war contingencies of
$200,000 in both 1944 and 1943).„ fOri 600,000 shares of outstanding
cess
1974
the
writers, of
,
$1.41
,
.
^Underwriters of 1974 Series Bonds—The names of the
,
> '.$849,318
will, be paid by
respectively)
$619,063 and $116,105,
to
the-.company from-its other funds.
1941
Sept. 30—
9 Mos. End.
.
will,amount
Subs.)—Earns.—
McGraw-Hill Publishing Co., Inc. (<fc
v
Dividend— •
Machine Co;—Resumes
Lakey Foundry &
1971
FINANCIAL CHRONICLE
Net. -from yallWAyll-"!!.-!,
^ Net
/'-A '545/216
ryj: oper.'"toeomo!!,.*
.
•
185,178
1
•liss;-vV,' 168,
p.
152«, :;:
t
.
" ' *
•
x
231/296
V-23,023
r
--
('■
-
279.426
^4«,513
?/
j
-
53,791
Nassau & Suffolk
Missouri-Illinois RR. Co.—Bonds Called—
due;
.Ian. l, J.959, have been called for redemption on Jan. 1, next, at 105
and Interest.
Payment will be made at The Chase National Bank of:
the City of New York, trustee, 11 Broad St., New York, N. Y.
/
All
Net
■
1941
1943
1942
$283,060
$309,278
137,078
175,189
$250,682
131,319
75,614
44,255
67,306
income—
railway—-—
from
Net
ry.
—V.
income—
2,354,154
1,069,179
'
318,975
2,532,404
1,022,853
397,694
from
Net
railway...
oper.
160, p.
.
Total
"$2,723,234
$2,622,371,
1,299,258
1,775,516
1,785,882.
Operating
revenues
—
$7,503,758
'99,537
79,516
138,491
115.3831
Operating
expenses
—
J4,318,246
—
•
$3 .675,817,
$687,377 " $4,383,578
.306,591
1,318,071
$3.681",762"
1,285,772,
•
$82,822;.
$380,786
$3,065,507
oh'preferred Stock___—:___—_!—A •
104,575
$2,395,990
104,575'
176,466
176,117
Maintenance
210,975
284,199
263,459'
income
Other
$251,129
1,683
(net)_.
$222,093.
•
Df
114,496
,
50,225
22,987 '
Income
67,100
/
29,567
$33,354
$107,4.51
- •
Net
•
-
$68,429 ;
——
expense'
>/ t v
Balance
September—
railway-
Net
railway—
income—
from
Net
ry.
2,375,726
356,650
oper.
railwayrailway——_
from
Net
ry.
-by.
946,793.
income—
1865.
~
4,834,784
oper.
19,640,080
Earns,
25,234,653
39,120,901
11,668,840
6,303,436
56,615,703
16,175,556
6,033,563
62,106,436
160, p.
3,262,843,
8,706,892
8,591,713
3,302,853
3,051,166
Note—Provision
nine
Net
Net
ry.
—V.
income™
1739.
76,464,265
30,682,970
74,723,301
25,606,119
oper.
160, p.
80,780,152.
25,850,110
17,223,994
124,362,994
51,861,791
35,832,237
175,075,041 166,516,772
railway—.
from
9,902,821
$5,955,178
"$3.27
..
-'•/ : ,'- /;!•
Gross income
National Malleable
of
; .-''/■/
Quarter'Ended—
Sept. 30, '44 Oct. 2, '43 Sept. 26, '42
operation.™
$291,078
$340,892
$907,598
divs., rent. & niisc, inc.—'
12,327
2,569
19,192,
7
for
each
bonds,
the
inaming
Net
with
Associated
Prov.
for
First
The
Boston
,
the, underwriting
in
Corp.
'
Co.
100.567 for a 5%
submitted the only1 other bid,
divi¬
Net
/ '
105,500
599,500
..
"After
deducting
$328,419 in 1944,
1941.—V.
160,
$165,197
$306,713
$0.28
$0.35
$0.63
share_/_i,___
Bond
&
Goodwin,
Inc.,
Offered—•
Club—Securities
Jockey
Oct.
on
offered $1,600,000/
31
10-year 6% cumulative income debentures and voting
trust certificates for 213,000 shs. (one cent par) common
securities
.The
stogk.
offered
are
amortization
and
1942
in
$141,594
1943,
in
$1,001 a unit on a when, as and if issued basis arid,
subject to the approval of subscribers by the New Jersey-
Commission.
speculation.
securities
The
offered as
are
v.1./...,-
V;
share
per
of
directors
i
Alcohol
of
'
1
-
15, last.
Aug.
on
declared
23
(No.
dividend
a
Bank
Net, proceeds from the financing will be deposited to the .credit of!
(be Club with The. Meyipe .Midland Trust Co. of New "York/nv escrQw'
fmlil it is" practicable to commence and complete construction of a,
proposed horse racing plant at Oceanport, Monmopth County, N. J.
;
number
on
Cijlb, organized in 194J, has acquired ap-!
proximately 147 acres of land and has leased, or holds options to
lease, approximately 149 acres of adjoining land.
The Park will"
include the property formerly known as Elkwpcd Park, the site,p£ a
Park
'race
track.
The
/
r"
begun
:."•'•■! •''•••••'■/!l."-l
and specifications for
the preparation cf plans
a park containing a mile track and-with a capacity of-,
thah 35,000 spectators.
Upon completion" of the plan the Club-
intends
conduct
to
restrictions,
horse
construction
meetings.-
race
cannot
commence
Because of governmental
until either the required
Association
for the use of critical materials
the present restrictions removed!,\
-
labor
/
and
can
Net ry.
deposited under
1—
Net
a
voting
;
from
trust
agreement.
1944
Net ry. *oper.
—V.
'
'
160,
from
Net
ry,
—V.
$571,758
323,848
335,513
137,666
1941/
'
$570,963
40,882
Net
122,642
Net
—y.
$557,049
railway—-4-
income-
160,
p.
from
New York New Haven &
Interest
4.240,983
mortgage 4%
2,656,285'
from
Net.
from
Net
ry.
—y, .160,
1,162,262
1,191,274
$3,498,267
$3,553,803
989,901
1,048,847
199,800
1
income
1942
Gross
' "
219,610
'
$3,135,649
•*
,
8,317,922'.
2,820,541
' "
Net
Net
535,611
746,653
'
.
$1,664,546
f.359,53 1
.
31,893,847
/
income—
1941
333,286
'
•
■
'
-
\
30,985,400
'20,785,586
11,414,712
.6,668,197
The
3,634,437
be
;
;
293,735.
) 139,187
281,203..
2,173,639
J. 819,194
>1,129,562
3,520,484
2,642,663.;
1,037,108
1,375,938
'
2,515,318
Hartford RR.—Interest—
,
f.
Western Ry,—Earnings1944
1943
1942
railway—„
$745,241
$783,498
$597,721
%
- 1944
$433,274
190,949
81,289
1943
1942
...»
■
$487,556
225,160
90.640
•;
1944
;;
$467,193
.,
oper.
ry.
139,922
83,701"
■ '•
• -A
3,208,810
1,401,938
706,954
'
r.-^
4,429,605
2,055,285
?
•• •
826,057-
705,484
Income-"—'
»
$310,636
249,253
119,669
w
/.•'.
4,379.694
1,909,122'
2,772,593/
1,175.204 •'
589,240'
morigage'50ryear 5% ; gold
Niagara, Lockpori & Ontario IPpwer
Western New York Utilities Co.,
Niagara Share Corp. pf
/
and
3,601
!
.
"Net income
■!
/
82,925
194,462
*$559,707
—
348,155
$223,673 •"
1,480
$810,643,
89,549V.
90,103
$381,0?9
,
'! "
$661,377'
337,737
,
1,899
/
1941'
$809,163
$659,477
$837,094. -..$808*879"
Gross income
expenses-;,-—
tlnterest, taxes, etc.—
— /
1942'
1943".
"
$802,860
6,018,
$833,493
Other income
Co^Bonds Called;
Inc./ below.—V.. 160, p. 835,
Maryland—Earnings
,1944
Sept. 30interest/:/'-
9 Mos. End.
Divs.'
101,724.
,,.336,012:
,
$322,906 •
loss on sale or disposal o,f investments, tin-;
dudes- $21,000 in 19.44, $8,497 In 1943, $9,907 in 1942 and $1J71 in;
1941 for Federal taxes based on income.
iAfter deduction of. dividends
011
class A preferred stock,
net income was equal to approximately
34 cents per Cshare on the number of class B common shares and' scrip ,
issued and .issuable-duripg the period. Jan.-, 1, ,1944. tp:Sept, 30,. 1944.
This- jComp.ar.es5-with approximately 20 cents per share for the •corre¬
sponding period of 1943.
,
'
4
'
'■'/?•'
/ "Exclusive of gain
or
V'NoM—The 1943 statement includes the
consolidated' net income from
of!'Niagara Share - Qorp."of '.Maryland4 and'"'
its whollyrowned subsidiaries for the period Jan. 1, 1943 to Jnne 30,
1943
and the net income from dividends!'-; interest, etc. of NiagaraShare Corp/of Maryland only-for the period July 1, 1943 to Sept: 30,"
1943, the said subsidiaries having been liquidated into Niagara Share
Corp. of Maryland on June 30, 1943. .
;
/
;:
/
\
dividends!
.interest,
etc.
2,806
125,818
38,181
116,170
"133,396
73,261
"24,431
38,443
7,218,471
6,637,100
963,956
made
agents for both issues,
income-
oper.
ry.
Net ry.
the
office
of
Goldman,
Sachs
at 30 Pine St., New York, N. Y.—V.
-
.
„
income/-/"
5,699,635
4,707,051
848,420
139,433
"280,831
591,274
"118,493
oper,
"Loss.—V.
160, p.
Statement
&
Co.,
fiscal
160. p. 1188.
*Gross
value
Billings
Gross
;
en
"501,056:
1740.
Shipbuilding Corp.—Operating
on
Operations,
of -undelivered
Jan.
contracts
at
Statistics—
to Sept. 30, 1944
X, 1944,
Sept.
30,
1944
account of undeliv. contracts to Sept. 30, 1944-
value
30. 1944
of
uncompleted work
contracts at Sept.
;
*
Billings for 9 months ended Sept.
"Estimated,
on
contract
ject to cancellation
on
prices
30,
subject
$523,102,770
149,130,150
1944:
to
adjustment;
certain terms and conditions.—V.
Sheet,
Assets—Cash, $323,841; accounts
dends
receivable
at
market .value
at
467,782
!—_
railway
New York
at
■
railway—/-
from
fronf
Balance
$577,980
railway——
From Jan. 1—
Net
1405.
company
will
1941
.«
2,505,557
14,219,125
3>/t',r
Payment
railway!™—
oper. income
1941
from
from
Gross
4,187,823'
3,644,072
on Dec.. 1, next, will redeem $550,000 of its outstand¬
debentures due 1.960 at 104% and interest, and all of the
outstanding serial debenture's due 1949 and
1950
at
the
following
redemption prices:
Those due June 1. 1919,' at 101 and interest;'
those due Dec. 1, 1Q49. ,at 101% and
interest; those ctue June 1, 1950,.,
ct 101% and interest, and those due Dec.
1, 1950, at"l01% and interest !
,
.78,567.
gold bonds, due 1954, was
September-
Ry.-—Earnings-
1943
National Dairy Products Corp.—Calls Debentures—,
ing
;
.1,420,033
1944
railway—
p.
■
.
railway-:
oper.
15
$400,941:
$215,606
River & Port Chester first
paid on that date,; at office of
Y.~~y. 160, p. 1865.,
Irving Trust Co., New York, N.
'
Gross
V 1.942. /■•
>■
on* Harlem
1944,
1,
Nov.
due
5,299,173
3,127,293
Ne\y York Ontario &
railway—
oper.
25
•
.
220,152
2,807,971
906,552
'
'
■
13
.
V
i /
'
4
•
18
bonds, d,ue 1943, was paid Nov: 1, 1944, at the rate of 4% per annum;
and payment on registered bpnds. was m.ade to holders of . record at theclose of business pn Oct. 27, 1944.
!
,>
)
.
.
/
Interest
is payable at office of the - company,. Paterson, N. J.—*,,
V. '160, p. 1865.;
: ; ■ '
/•"•//.,/
■
108,075
1,291,088
5,039,877
Nashville Chattanooga & St. Louis
ry.
-
gold bonds, series A,/
2,024,682
2,269,006
1,051,899
•
income-—
1529.
'
oper.
:/15
'•;/!
8
;;
The interest warrant No.3 Terminal first
"
'
>
14
14
J Interest— /V:<f,
367,482
.
1528.
From Jan. "1-—
1
//A/
17
9
v>
,
$223,162
/ 93,033
!
116,988
/ '
railway--—
from
ry.
4
5,049,506
September—
Gross from railway—
Net
.
1943
f
1944
income—
oper.
ry.
"
Net
4,113,912
1,452,469
$241,505
99.09.9.
7
From Jan. 1—
•
September—
from railway,
Net.from railway„_y—v
r
15
*
1189.
2,607,401'
railway—/
p.
ry.
:
92,279
94,087
Omnibus Curp,^-Bonds Called—
j
12
18
10
://' 10.
.r-
8
Susquehanna & Western >RR.—Earnings-
railway_/__
Qross from railway—
Net, from rajlway/:_-_—,
/
Gross
A
railway—.
oper.
160,
Net
$260,952
350,867
CbnnecQng RR.—Earnings—
New York
.
//.■'■:■
4;-
■
4,641,988 / 2,135,182
2,667,616
• 772,460.
2,447,022
813,599
/ 6,758,871
.
from
from"
1, 1958, issued by New ,York Railways Corp. and< assumed
York City Omnibus Corp., have been called for redemption
as of Jan.
1/ 1945, at 105 and interest.
Payment will be made at the
Central-Hanover Bank-'& -Trust Co., trustee, 70. Broadway/New York,v<
160, p.
•
10.
Net
July
Net ;fr.om
'
1942
*
'
Gross
New
Y.—V.
14
570.
p.
"1941
260,099
outstanding prior lien mortgage 6%
All of the
20
/•'
The dividends paid on Aug. 25, last, marked a change in dividend
policy from a semi-apiiual to a quarterly payment basis.—V. 160/
1529.
; N?w yoylj; City
.
from
Net
7,575,575
4,343,918
2,426,962
' ' >'
8
,/
'•■/''
'
Tobacco
-
income___"
p.
12
r'v
$595,869
,
'
Gross
1943
226,705
income—
From Jan. 1—
Gross
-
162,023
'
'
19
'
;
/■•
See
N.
;
September—
'
$503,821
railway-
oper.
1943
473,883
r
Monongahela Ry.—Earnings—
''September—
:
Gross from railway-—'
ry.
!
.
railway——
from
"
22
14
—
.
Net
1942
$800^911
175,800
income-/:
oper;
From Jan.
From Jan. 1—
Net
■
•281,871/;
12
20
7
' .'
5
Genera)
Giving effect to the present financing, the Club will have outstand¬
ing the 1,600.000 debentures and 310,000 shares of common stack."
All of the common stock, except directors'
qualifying shares, arc to*
Net
-
«
1944
$646,226
16
8
12
-•
number of kilowatt-hours
reports
Gross from railway
he,
,'
be
Railroad
18
20
v;*:
.10
;
,
13
—
-11
,
\.:i
f
,
September—
;:■;/;'
from railway
from rqilway—
,
"
authorizations
obtained or
257.
p.
Gross
by
construction of
more
156,
.New Orleans Texas & Mexico Ry.-—Earnings—
due
V"'/:,.-.;
//-
utility
13
9:* '-./:
9
-'!.
Public
'
10
11
''
..
'
7
14
Oil
18
6
15
■
'
5
22
5
'
6
of
available, for itsterritory for "the week" ended Oct. 28, 1944/ as 64,053,633;» compared
with 64,849,255 for the week ended Oct. 30, 1943, a decrease of 1.23%.'
.Comparable figure for the week ended Oct. 21, 1944, was 64,770,040/
a1 decrease of 0.67%.—V.
160, p. -1865. ; / . a/
-■/'//'
,
,
_______
__:_2UJ!_!_:/_;!
I-"""
Metals
Dec.
New England Power Association—Output Off 1.23%—
The
11
•
Merchandising
Jockey
-
has
Club
stock
12
10
10
6/,.-';/.
;
-
Machinery
;'/;•//
:
purchase
_/■
33
13
3
:
12
equipment
11
33
.
26
12
61':
4
equipment
210
30
12
7
——<
11-25-43
140
80
6 '■
?7'
!_____!
,
Share——
5-25-44
12
■'/■>
6
__/
____!
■
per
8-25-44
11
-
—
supply
Food
f .4
—Payable
170
stock
Insurance
}
special
dividends on the
following
/.
distillery____
-_______!
New York
•
Monmouth
&
Electrical
,
14, 1944,'
for retirement, erf such preferred shares as shall be tendered for pur¬
chase at not more than their par value of $100 per share, up to the
the
authorized
also
the
11-25-44
Chemical
cents
25
f Seeks Purchase of Preferred Shares—
directors have
declared
.
Building
Dividend
of
2)
'■■/
„"//.;
/'":
'
.a:!//,/'
—
$487,566
payable Nov, 25 to holders of record Nov. 6
below—with three previous payments shown as com¬
Aviation.
j
■
the common stock, par $5, payable Dec. 1 to holders
20." An initial distribution of like amount" was made-,
on
Nov.
record
Oct.
on
Net
a
have
column
Automobile.
$134,722: in
and
National Terminals Corp.—Further Common
at
Racing
250,000
$277,820
j.-,
corporation,
Agricultural
units of $1,000.
in
voting trust certificates for 100 shares',
and
debentures
$737,566;
250,000
632.
p.
Industrial Series—
for .depreciation
provision
$288,415
1529. /
p.
this
Business
:
Park
1,146,493
$527,820
____i._________i.___
4,500
chase.—V.
corporation is an operating utility engaged principally in the,
distribution and sale <j>i .natural gas at retail in and about,
The area served has an estimated population of 225,000.'
160, p. 1634.
..
The
Monmouth
283,322
"$733,477
—'
3,400
tax
purchase,
'
160,
directors
of
first
(see
Mobile:, Ala..
•—rV.
28,878
1,149,501.
280,869
u.
parison) :
•/■>■'
—
common
stock
shargs which can be purchased with a Sinking fund for,
such retirement bf $45,000.' The preferred shares so purchased will, be
those tendered before Dec. 14, 1944, at the lowest prices, with' deter-mi-nation by lot ot the particular (shares to be purchased out of those
Rendered at the game price, in the/events more .shares are tendered, at
the highest price accepted than the available fund will suffice to pur¬
.
$1,677,321
property™-/
new
'.The
20.578
$133,772
profits
profit
The
" ■■••'"'../
'/.'V
Proceeds from the financing, together with proceeds from the sale
of $1,400,000 first mortgage 3% bonds due 1964 and other funds of the
company, will be used to redeem $1,400,000 first mortgage 3%% bondsdue 1961 at 104V2 and accrued interest and 6,000 shares of 6% cumu¬
lative preferred stock at $110 a share and accrued dividends.
'/
;
9,782
"$450,155
New York Stocks, Inc.—Distributions—
$926,790
68,263
/
taxes____________
excess
Earnings per
are
,
Shields •&
$343,460
46,233
120,000
!
income
Federal
The
Pierce, .Fenner & Beane; The
jRobinson-Humphrey
Co.;
Equitable
Securities
Corp.;
Granberry,'
Marache & Lord; Starkweather & Co.; Clement. A... Evans & Co., Inc.;.
oternc, Agee & Leach; and Shropshire & Co,
dend.
$303,405
deductions-
Adj. of previous post-war refunds of
Peabody & Co.;' Merrill Lynch,
Kidder,
other
deductions
-
•
.
bef.
profit
Other
a
...
'
"$703,417
"Deficit.—V.
Int.,
VM coupon,
included: Harriman, Ripley & Co., 101.46; First Boston Corp., 100.931;
Blyth & Co., Inc.-Central Republic Co., 100.917; Halsey, Stuart &
Co., Inc., 100.15.
'
•/ :/"'*'
Preferred Stock Issue AAvarded—An investment banking group head¬
ed by The First Boston Corp. was awarded 6,000 shares of 4.90.%.;
cumulative ($100 par) preferred stock on a bid of 100.516.
Bidders
were
required to specify a dividend rate as well as a price for the
stock.
Public offering of the stock was made on Nov. 3 at $104 a
..share.
V.
'
"V/ ■///'■ ■ ■" ■;,./
received
$1,886,059'
8,431
"$422,548
(net)
_______
.-!; Balance
;;/;;■
.
bids
$1,857,181
$1,649,864
27,457
"Nat profit from
Financing—The Mass¬
achusetts Mutual Life Insurance Co. on Nov. 1 won the
award of $1,400,000 first mortgage bonds, series due
Oct 1, 1964, on a bid of 100.25988 for a 3% interest cou¬
pon.
The issue will not be reoffered.
:''// ./■■/•/!
Mobile Gas Service Corp.—New
Other
2,040,945
"$459,937
Approp. net income for acquisition of bonds or
(& Subs.)—
Steel Castings Co.
&
1,792,853.
392,631
*$430,979
___
tincome__.
Ne
-
Earnings—
•
378,156
_
Income deductions
30,
is
it
Non-oper. income
1944—12 Mos.—1943
'
,V
taxes for the
1944, has "been made at the estimated
anticipated will be applicable to earnings
160, p. 1865.
/.
; ^
Sept.
which
290,176
;
Operating income
under the 1943 Revenue Act.—V.
year
1943
$1,382,912 $15,915,115 $13,462,391
1,184,921
10,105,171
8,213,124'
185,297
1,148,135
771,233.
80,000,
971,000
828,000!
1,206,027
99,000
Taxes
t$2.26
r.t$2.91
-
accruals for the
tax
1944—3 Mos.—1943
$1,542,380
—_
Depreciation
$4,826,466
tOn 2,045,451 shares,
income
Federal
$2,291,415
$2,960,932
dividends—
common
of
revenues
expenses
Maintenance
3,852,532
for Federal income and excess, profits
ended
rate
the
for
railway-
from
Gross
months
average
From Jan. 1—
share—
per common
2,117,333 2/7 shares.
.
p. 631.
Operating
..V',-
$6,918,800
for
Period End; Sept, 30—
Operating
$9,581,171902,173
$25,878,412 $16,87.7,600
783,035
1,019,601
expense
5,945
/.'New York Steam Corp.—Earnings
&
profit
"On
$10,293,564
7,892,268
3,828,070
4,821,323
2,602,256
$19,756,649 $19,281,796 $17,204,902
income—.
deprec.
1942
1943
1944
after
oper.
Companies)
Subsidiary
Owned
Fed. inc., cap. stock and.•
profits taxes—
18,176,577
Earnings
1941
1942
Wholly
Sept. 30—
amortization
&
for
Prov.
Net
1943
1944
September—•
from railway-!—
Net from railway—
,
oper.
Interest
excess
Gross
ry.
from
reserves
6,982,474
Missouri Pacific RR^—Earnings-
Net
(Incl.
it
467,829
9 Mos. Ended
Gross from
Net
1,546,933
814,825
.327,790
adjustment
period..—V. 160,
National Distillers Products Corp.-—Earnings-
$3,172,994.
1—
Jan.
From
$5,196,050
$7,099,192
3,103,127
1,381,859
$7,177,703
from
1,911"
'
$410,612
aivalable
"Includes
Gross
:
income
Dividends
1941
1942
1943
'
2,132
deductions
$29,142;
.
"Including provision for income tax. fQf debt discount and
and miscellaneous deductions!—V. 160, p. 630.
/./
-:/;r /' ■■
.
1944
962,742
2, 587,000
6, 829,340
30,178
490,728
Net income
$408,480
Gross income
153,196,
66,467
»
'
621,000
1,852,317
$279,616
150,052
49,735
.
r Operating income
Non-oper. income, (net).
Drl,914
$353,537
22,148
_____
——
-
$281,530
-
4,975
112,500
debt
interest
$348,562
•
1,031
$221,062
$252,812
tAmortization
;
303,715
Depreciation
,Gro,ss income
Ipt. on long-term
1739.
Missouri-Kansas-Texas RR.—Earnings-
$4,377,506
'
6,072
132,264
219,853
Operating income
1,976,091
962,547-
2,399,093
1,251,385
537,346
*
$685,466
132,378
"Taxes
Other
14, 958,447'
16,099,928
1,235,266
2,500,000
7,275,266
—
__
,
$6,499,887 $31,487,966 $29, 013,346
3,707,240
221,658
590,000
1,295,523
.—/_
Depreciation
"Taxes /
1944—12 Mos, -1943
1944—3 Mos.—1943
period End. Sept. 30—
$1,944,106
1,352,907
expenses
Maintenance
Electric Light & Power Co.
Queens
.
'
$2,055,804
reyenues—
oper.
Operating
&
Earnings—
1944—12 Mos.—1943
56,631
Prom Jan. 1—
Gross
1944—9 Mos.—1943
York
New
Lighting Co.-^Earnings-
Period End. Sept. 30—
;<
1944
railway
oper.
ry.
.
167,425
"railway
from
from
*
$370,146
September-
,
Gross
A,
series
bonds,
5%
mortgage
first
outstanding
the
of
Earnings for September 'and Year to Date
Net
Mond.ay, November 6, 1944
THE COMMERCIAL & FINANCIAL CHRONICLE
1972
indicated
total,
Sept. 30,
194J
receivable, $1,554; interest and dlvji-
(less reserve), $48,034;
U. S. Government
present
value,
$21,706,169.
,
$59,393;
dividends payable,' $1,101;"
due 1950, interest, 2%% per annum,
'(partly estimated),' $30,986; class A
preferred stock
(25,000 shares), $2,500,000;. Class B common stock
f 1,300,000
shares), $6,500,000; capital surplus, $7,689,920; unrealized,
depreciation of investments (deficit), $445,216; earned surplus since.
June 30, 1943, $512,602; total, $21,706,169.
Liabilities—Accounts
payable,
long-term bank loans (secured)
$4,857,382; reserves for taxes
indicated value of $8,868,393 were'
and in addition securities having an
pledged to cover, a contingent liability
for the purchase of securities.
4
'
rt
The
corporation's net assets Sept; 30.
1944 were equivalent to
$670,29 for each share of class A preferred stock and $10.97 for"
each share of clasg B common stock.—V. 160, p. 1082,
N0tcs—Securities
having
an
secure bank loans
indicated value of $63,700 were
pledged
to
"
$373,972,620
129,810,116
contracts sub¬
160, p. 436; ,
obligations',
$1,360,000), $1,366,823; other, securities
$1^,957,058; miscellaneous assets, $8,859;
(average cost
(Continued
on
page
2005)
& FINANCIAL CHRONICLE
THE COMMERCIAL
Number 4331
Volume 160
New York Stock Exchange
Stock and Boxifl Sales «»
DAILY
deliwry Mlea art disregarded In
Cash and deferred
NOTICE
the day's range, unless
Dally Record of D. 8.
a
,
—
—
—
—
—
—
—
—
$1,000 units
Nov. 3
Nov. S
Nov. 1
—
—
,
—
Oct. 31
—
—
—
—
Total sales In $1,000 units.
-
2Vis, Dec.,. 1964-1969 ....
Total sales in $1,000 units.
Oct. 80
'
..I
Oct. 28
[High
i Low
[close
'
•
41947-52
^
—
/
(High
( Low
•
(High
—
[Close
Total sales In $1,000
'
—
1 Low
41,1944-54
'
—• :
units
<.
—
.
.
; •
. .
—
—
—
—
—
—
(High
3
*>48, 1946-56
2>/2S
•
(Close
Total sales in $1,000
High
Close
(close
Total sales in $1,000
Total sales
High
(High
•
2 Vis,
Low
1951-53—
Close
(Close
'■
Total sales in $1,000 units.
$1,000 units—
(High
[Close
Total sales In $1,000 units.
$1,000 units
.
Higb
•'
High
■
Low
2VtS, 1954-56
Low
—
Close
(Close
Total sales In
v.
•'
•
...,
;
■
3s, 1951-55
] Low
2V48, 1952-55—
i Low
[Close
1946-48
Total sales in
Total sales In $1,000 units.
$1,000 units
Vr-v- : (High
High
2'/4S
1956-59—
Low
—
j Low
2%S, 1955-60
Close
(Close
Total sales In
.Total sales in $1,000 units.
$1,000 units.—_
High
(High
Close
Total sales In
I Close
Total sales In
,
Close
Total sales in
Close
Total sales in
Low
Dec. 1948-50
2s,
Close
j Low
[ Close
2%S. 1951-54
in $1,000
$1,000 units.
High
$1,000 units
(High
Total sales
.LOW
March 1948-50
2s,
Low
1948-51
$1,000 units.
High
1—
(Higb
$1,000 units
.
Low
1947
28,
\ Low
2%8, 1945-47
2% 3,
$1,000 units.
{ Low
f High
■
in
units
r
:
Total sales In
V
Low
2yas, 1967-72
\ Low
3VaS, 1949-52—
3s,
Low
units.
$1,000 units
1946-49—
•
High
.
Close
(High
3 VaS,
1965-70-
[Close
\ Low
'
Total sales in
taken ol anch aalea In computing the range for the year.
Federal Farm Mortgage Corporation coupon bonas on the New York
32d of a point.
Daily Record of U. 8. Bond Prices
Oct. 28 Oct. 30 Oct. 31 Nov. 1 Nov. 2 Nov. 3
Treasury
fHieb
_
___
___
100 3
2%s, June, 1964-1969
Low —. —
— ■ •
100.3
(Close
—
.
ioo.3
daily record of the transactions in
Bond Prices
Treasury
Total salee In
they art the only transaction, ot the day. No account la
Treasury, Home Owners' Loan and
during the current week, Figures after decimal point represent one or more
furnish
Stock.Exchange
YEARLY
-
Securities on the New York Stock Exchange
United States Government
Below we
WEEKLY
-
sales in $1,000 units.
Total
High
units
Low
21, June, 1949-51
Close
lt..
2%S, 1956-59
Total sales in
Total sales in $1,000 units.
Sept.,
8s,
$1,000 units.
[Close
High
Total sales In $1,000 units.
Low
2%S, 1958-63
Hign
Close
Total sales in $1,000
Is,
units.
Total sales In $1,000 units.
Low
1960-65
f High
Close
March,
2s,
Total sales in
Low
1949-1951
Dec.,
Close
Hign
2 %B,
| High
\ Low
'^949-1951
j Low
(Close
1950-1952
$1,000 units.
Total sales in $1,000
units..
High
Sept.,
2s,
Low
1950-1952—
Close
units.
Total sales lo $1,000
106.14
Total sales
in $1,000 units..
106.14
1948
JVaS,
106.14
2 s,
units.
Total sales in $1,000
1951-1953
Total sales
l%a, 1949-53-
units.
Total sales in $1,000
ia $1,000 unitSw.
1951-55
2s.
Total sales in $1,000
units..
High
f High
Low
1950-52
Stts,
Close
.
Total sales in $1,000
Total sales In $1,000 units.
2s
Low
...
units
1953-55
V
___
—
1 High
t Low
High
1%S, 1952-54
—
j Low
(Close
1952-1954
2s,
—
■ '
100.12
100.12 '
'
100.12
5
:
...
—
'
(Close
Close
Total sales
Total sales in $1,000 units.
l%s
in $1,000
*
units
l%s, 1956-58
sales
ia $1,000 units
-
HZ
—
Total sales in $1,000 units.
Home
Owners
~
-•
(Close
Total
_
(High
j ,Low
1948
Loan
2%s, 1962-67—
S
per
share
S
per
*1,10
t per
share
$ per share
.
60
111
60 14
HO'/a
110
*58
,
8%
60 '
,
65%
*63
65 Va-
12
12%
* 12 Va
12%
*31
31%
*31
31%:
23%
39 Va
88
614
*160
88
6V4
163
:
"
200
31%
Co..—
Steel Co——
Adams Express
—_
Adams-Millis Corp_..___—No
1,400
Address-Mutigr Corp
39
4,700
Air Reduction Inc..
—No
Alabama & Vlcksburg Ry
89
89-
6 Va
161 Va
28Vi
2814
50%
'='50%
2814
2814
*84
14%
I4V2
151 Va
16
150
*15%
31
30%
;
*88
90
8914
2 V4
,28%
61 VSs
28 Va
!
110
;-
Allegheny
7.900
14%
16
30%
100
Alghny Lud Stl Corp..
Alleg & West Ry 6% gtd
5,900
800
.
No
Allen Industries Inc
Allied Chemical & Dye
1,500
...
1,900,-
Corp.
514% pf A with $30 war J.
$2.50 prior conv preferred.No
4,600
88
151
-
Alaska Juneau Gold Min—
Albany & Susquehanna RR_—.
5,500
6V4
161%.
214
141/2
1983
Acme
.
24
15114
footnotes see page
900
2,500
12%
23V4
28
For
ACF-Brill Motors
2,100
8%
66
38%
50%
31
*31
—,—No
Abraham & Straus
24
2814
*15%
20
39
214
87
12%
No
Abbott Laboratories
4% preferred
1,800
38%
214
-*8314
Shares
60
*64%
STOCK
EXCHANGE
*23%
23%
38%
1 per share
NEW YORK
for
the Week
110
*58
8%
8%
8%
8%
65
1
59%
110
110
*58
60
59%
59 "A
59
♦110
6014
S per share
Sales
Friday
Nov. 3
Nov. 2
Nov. 1
Oct. 31
share
60%
STOCKS
Thursday
Wednesday
Tuesday
Oct. 30
Oct. 2H
RECORD
HIGH SALE PRICES
LOW AND
Monday
Saturday
.
.
—
fTransaction of registered bond. 114 bonds
*Odd lot sales.
NEW YORK STOCK
HI
Allied Kid Co
Allied Mills Co Inc
No
4
No
III
III
HZ
HI
—
—
units.
Total sales in $1,000
III
(Close
Total sales in $1,000 units
1963-1968—
8 ft a,
l^ow
IV2S, 1945-1947
Total sales in $1,000 units.
—
sold registered on Oct.
19 at 100.16.
20
*101 "2
102
36
20%
102!%
*101 Va
102
36
*112
35%
36
3534
35%
36 'A
36%
111%
112
*111!4
112%
112%
112%
112 %
112%
21%
21 Va
*20%
21%
21%
21 %
3%
3%
3%
3%
3%
21%
21 %
21%
21%
*20%
21%
3 %
3%
~3%
3%
41%
*40%
41%
41%
*41
41%
*40%
*40%
3%
*40%
*3 Va
*3 %
*100%
101%
101
■'
101%
2
101% :■
101
101
101
■
102
41 Va ■'
41%
101
14% Jan
3
——50
28 Vz Jan
Petroleum
27%
27%
27 3 V
27'
Amer
80 3-4
80
80%
80 Va
80%
79%
80%
American
80! 2
80! 4
3.50O
80%
20%.
67
67
67! a
*15%
16
*44%
45
*131
131%
"
44%
V'4
44 '%
•11%
11%
88 ;.
181%
181%
88%
180%
"180%
38%
38%
25%
108%
*
126 %
*12%
181%
38%
38%
33%
39%
38%,
39%
88%
89
89
89
90
90'A
25%
25%
25%
25%.
1271a
126%
126%
.13
*13%:
13%
18 %
18%
105 %
*105
26%
3%
3%
3%
"
*10
"27
*26 '
■*26
96%
16 3 7
17%
26%
;
27
2%:
2%
2%
96 %
96%
96
17%
17 Va
18%
17%,
92'A.
17%
92
92Va
92%
9 2'A
92%
36
36
36
35%
35%
*35%
36
*35%
5 "a
*41'/a
5 '/4
5 'A
43%
*42'%
43%
44
75 »A
75
75
6 %
6V4
a
43
2(5%
36 Vi
16
*1.1%
11%
11%
25 '%
25
25
25
25
25
25
134
130
130
130
130
*129
37
x37
2%
2%
36%
36%
2%
2%
2%
2%
36%
*36
.
■
*36
8'A
8%
8%
2%
2%
2%'
V
■
53! 4
52%
531'4
53
461%
46%
46%
46%
46
46 Va
46%
12
11 %
12
11%
11%
12
11%
12
11%
12
12
73%
74
74
74%
*16%
17
*173%
15
■
39%
158%
44%
44%
"44
150
"14642
39%
39%
159%
74%
74%
17
17'
17
*146%
*175-
6,000
15%
40%
x39%
158%
*44'A
44%
*146'%
147
<•
;»
313 4
40
\ 39%
\58%
40
158%
"
•;
159
25%
17-%
17%
*23 Va
23%
48%
48%
47%
127% 127 Va '
48%
128
"29 Vs
30%
*29%
30%
29%
163 %
163%'
163%
164%
163%
164 Vb"
48 Va
128
•
-
163%
*67
29%,
163%
67%
67Va
67%,
68
Oct
par
163
Jan
22
Rolling Mill——*——25
12'% Jan
3
17% July lo
10 Va
Jan
—100
62% Jan
3
751/3 July 13
54
Jan
69'% July
conv
preferred
Steel Foundries—,—No
;
Am
22 V4 Jun
66 %
66%.
66 Va
66%
67 V'4
67 Va
67 %
67%
67%
142%
143%
142! 8
142%
142 Va
142%
142'/a
1421%
142%
11%
11%
11%
11%
12
12'A
12%
3.200
Amer Type
11%
12%
11%
45%
45%
44 3
44%
44%
45%
44%
44%
3,000
45
4
45%
45%
*118%
119%
*118%
1191/2
*118%
119%
*118%
8%
8%
8%
8%
8%
8 %
8%
*97%
7
100
7%
89%
4%
48%
48 V'4
26%
26%
27
29%
29%
30
4%
"4%
49
26%
29%
•■■::■'
43 4
*47!
2
27
29%
29%
25%
*24%
*24%
26
*11%
11%
3%
*10%-
3%
54
'
5%
"96
...
11%
5%
/
44 %
54
97%
44
*11 %
108
44
44%
X44
44
lt!A
11 Vi
*10%
11%,
10
10
10
1.7%
17%
17
11%
9%
9%
97a
17%
17%
17%
17%
17%
108
109
109%
109%
109%
104%
104%
103%
103 Va
103%
*109%
110%
104
104
97%
39%
34 %
104%
106
*44
45
*44
106%
*105%
109%
110%
107
99%.
2,900
38%
38 !A
3818
65%
98
98
98%
40
40%
39%
40%
36%
36%
34 %
35
75
72%
72%
30
35 %
*73%
80
*72%
66%
153s
56%
60
113
18%
56%
56%
56 3 a
60
113
60
59%
113
59%
60
113
*56%
*113!%
19
*17%
*17%
18%
114%
19
60
56%
56'A
56'A
*56
60 Va
*56 %
60
60%
60
*114
114
114
*17%
*17%
10
*10
10%
10
10
10
10
*9%
10
*9%
*72
74
72
72
72
72
72
72
*72%
4%
4%
4%
4%
4%
4%
4%
5
650
VA
60'A
114%
*114VA
114%
*17%
18%
-100
10 Vi
74
73i
2
4%
5
300
10
10
5
26,700
22%
8 '.
8
22%
22%
8%
8%
8%
8%
8Vi
8%
14%
14%
14%
14%
14!
3
14%
14%
15
11%
11%
11%
11%
11%
11%
11%
12%
65%
66
66
66
67
67%
68
68
24
24
24
24%
24%
24%
24%
8
24
17%
*51
*17%
17%
51%
17%
17'A
*17
23
23%
23
51%
51%
8%
,.
15
15%
12%
12%
*66%
•
24
24%
18
18
18
51%
51%
15%
16
15%
16%
15%
16%
15%
16
16%
16
16'/a
16
16%
16'a
16 V*-
16Vs
16%
31 Vz
110
109
31%
32
37! a
37
37
*109
109'%
*109
9'%
9
31%
8%
9%
*9
*33%
12%
33%
*33%
33%
121
118
*11 %
44
31%
*36
37%
121
*118
12
13
44%
For footnotes
*
11 %
12%
44%
see
10
*33%
*11%
13
13
44%
44%
1983.
33%
121
*118
12
page
109 "4
■
12
*109
*31%
36! a
109!%
10'a
*33!
31%
36%
*36
a
*118
*11%
11
"33%
121
12
66%
67%
*109
32
5%
36%
109'%
:
85
>B
18
120
%
3,900
16
4
31%
36%
'4,500
16'%
*31'%
37'%
16!
109'%
*109
10%
10%
10!
4
10%
*33%
33%
*33%
*11%
121
12
*118
11%
121
300
14!'4
13%
14%
13%
13%
45
44%
45
45
45
44%
45
\
3,800
Feb
34
Jan
47%
Sep
5
3
Jan
6%
98% Oct
21
46
Jan
75
Sep
Jan.
7
49
Jan
84
Dec
30
Jan
40%
Jun
6% July
113
6%
Jan
10% Jun
4%
Jan
10 %
Jun
Jan
15%
Jun
97% July
—1
12% Jan
4
17% Oct
7
6*%
90
Jan
3
110% Nov
1
72%
85%' Jan
.,3
93
par
May 19.
3
59
Jan
6
29
Jan
39%
Oct
100
Jan
108%
Nov
19
53% Jan
3
July 11
71% July 20
82
7
99% Nov
25% Jan
3
Feb
15
Jan
25
1
108
44
3
May 31
38% Nov
36'/* Oct
44
Jan
68
17Va Oct
7
57'% Oct
2
50V2
Jan
57
52'% Apr
19
Jun
12
52
Jan
68% July
120% Aug 14
113
Jan
123
Jun
16
Dec
112
.No
(The)
May 26
62
5
7%
Jan
25
13% May
8
2%
Jan
9% Aug
Apr
19
84'% May
9
28%
Jan
85% Aug
3% Jan
3
5% Aug
8
24
24'% Oct
2
10%
Jan
20%
Dec
10'% July
5
3%
Jan
10
5
6
Jan
14%
Apr
Apr
5V4 Jan
34'% Jan
12%
Apr
63'/*
Dec
18
'
par
-50
18 Vs Oct
28
Apr
5% Jan
3
18% July
9% Jan
3
9'% Jan
3
13'% July 20
Jan
4
68
■
NOV
1
26% Jan 24
12
Jan
4
18
43
Jan
24
53
5
July
Aug 21
33% Nov
12
Feb
51% Jan
—TNO"
18% Mar 17
9
18% Mar 15
13V2
Jan
32
Oct 31
23'%
Jan
May 22
38
Oct
26
24%
Jan
111
Oct
11
105V8
Dec
3
35% July 11
25%
Jan
93
Jan
24
7% Jun
8
Jan
11
-50
31
12
10 Vs Jan
3
25
—5
331% Jan
13
—No
—
11% Jgn
119
13
|
Oct 25
July
6
15% Jan 11
46'% Sep
1
Sep
Sep
19'% July
i5
105 Va Jun
15%
47
13
„1
28'% July
Jan
14% Aug
par
'
Apr
Jan
25% Feb
31
6%
12'%
par
-25
14% Sep
V
30
—1
—5
—TNo
Sep
Jan
■
-No
13% May
Jan
66
par
—3
_50
6%
7
14'% Mar 31
10% Apr
Aviation
113'/* Sep
3
111% Jun
Bendix
28% May
Mar
18
.100
RR-—.——
Corp—
9
Oct
18% Jan
106
11% Jan
par
—1
Aircraft
May
Jan
par
Beech
Bell
38
19
53 V* Jan
Co—
Belding-Hemingway
90% July
Jan
24% NOV
3
107% Feb
Works Corp_.
Creek
Oct
66
67% July
Jan
-50
Asphalt Corp—.
Barker Brothers
5Vz% preferred—
$4.25 preferred
Aircraft Corp
114
44%
—5
Barber
Creamery
94 Vz July
Nov
45% Sep
107
1031/4 Jan
21% Apr 25
Oil
..
Jan
.10
Iron
Sep
12% July 10
13% Jun 28
60
Bath
Apr
3 Va
16
Jun
57
3
100
Barnsdall
14 V3
Jan
8% Jan
,100
5%
Dec
1 V'4
par
Beech-Nut Packing Co——— _20
:
30.700
13%
i'
8%
Mar
116
46% Jun 28
.
preferred-
Beech
11%
13%
3
preferred
—
& Aroostook—
Beatrice
22,400
9
Jan
-
Apr
23'/a July'
Jan
Jan
17
100
1,300
33%
*118
1
Bayuk Cigars Inc
:
74 V/2 Jan
85
-13
1,100
•
19
29%
Jan
16%
111%
18
Ohio--—
300
1,100
51%
*51
4% Apr
24
Apr
Apr
9!4 Feb
Baldwin Loco Works v t
Baltimore &
7'/*
54% Mar
31%
35 V'4 Apr
—
prior A———
Corp of Del
Conv
1.900
3
7,
4% Aug 30
.100
—.
Aviation
4 %
24%
Jan
Oct
13
.100
preferred-
conv
79 Va July
Jan
.—5
Bangor
18
*24%
15
66.'/a 'A
42
Atlas Tack Corp—.———.No par
No par
Austin Nichols——:—
3,500
;
2
.100
3,600
12%
16 Va
31%
13.300
15%
51%
37
8 "a
15
*16
*31%
7,800
12%
*51
16%
8%
8%
51%
17%
*51
23'%
23
23%
% Jan
.100
—
Atlas Powder—
Jan
88% Nov
3% Nov
Jan
.pref series A—,
preferred—
55V4
!
24'% Nov
6
.100
Corp—_—
8% July
28
72% Oct 31
conv
'7
Jan
54% July 26
July
May
3%
16
2
.100
———
9
Jan
Jan
.100
Line
■
22%
—
Jan
3%
53%
26
10
Corp
12% July
49% Sep
121% Aug
Feb
44
par
63% July
Jan
42%
32% May 17
v
23
5
7
'
23
6 Va July
14
60
73.1/a
r
3
24 7% Jan
40
18%
3
Jan
9% Aug 14
94% Aug 17
591/4 Jun
6%
*109%
15'A
V
..25
4%
109%
15 Va
3
9% Jan
preferred..—,—
preferred—
non-cum
Atlas
109%
15'%
3
10
—«.No par
20
Inc———5
-No
115%
'10 V4 Aug
!4 Jan
.100
100
109'%
15%
120% July 11
12
98% Aug 15
26
32
■•/
24% Jan
Illinois-—.——5
prior preferred
No par
Coast
28
preferred—
200
109 Va
15%
Jan
19
Jun
33% July 17
preferred—
5%
5,900
109%
15 %
6%
13% Jun
49
Atlantic: Refining-.———-
15 Va
29 Va
*108%
146% July
28% July 20
117% May 26
RR
AtFG & W I SS Lines
58%
29%
109%
*56''4
5%
110%
29%
65% July
Jan
7
preferred—:——
Topeka & Santa Fe—.
Atlantic
29%,
*108%
16
5%
Atch
29%
29%
15%
2d
7%
29%
110%
16
1st
29%
29%
Jan
6
Corp—^——„No
Associated Dry Goods——
100
6,100
Jan
43V2
24
Artloom
30 Va
30
*108%
*15%
6,600
80
'
*74
80
7,400
66%
42 Va
129%
75
Jan
Constable
Arnold
4,500
40%:
66%
97%
39%
July 14
75
July 11
152% July 6
3
7
Jan
preferred
——100
Armstrong Cork Co——No par
"40
1
3
Jan
20
Assoc Investment Co..—— No
40 Vi
66
99%
39%
35%
107
158% July
4
7%
330
45
*44
Jan
67 Va Jan
& Co of
$6 conv
['
127 Va
•25
Mldl'd
Daniels
Armour
370
106%
45
99'A
66 %
97%
34%
110%
106
40 'A
65%
*71
2,600
17'A
9 9'A
66%
34%
1.800
V
99
106
39%-
VA
400
40
106%
66%
10%
3,300
*105%
*105%
98
V
20
*105% 107
65%
66'A
106%
74
*70
:
•
46
V
;
*105
W Paper Co
Archer
300
107%
44%
%
*97
6,900
*105
106
106
A
5%
32% Aug
18
6% Jan
Copper Mining—
Andes
97'A
5%
Jan
164% Oct
6
$5 div preferred—
100
400
{ 400
Jan
21 %
6
114
Anchor Hock Glass Corp—
P
91
16
Jan
No par
12.50
Anaconda Wire & Cable
10
3
31% Jun
84% Jan
Copper
300
v
3%,
Aug
129% Nov
116% Apr
preferred—
25
Mining———50
$5 prior conv
Anaconda
170
114'/a
115
30
7
57% Jan
—-1--
{
54%,
*54
97%
108
66%
3%
54
97 V»
9%
46
9,000
Jun
56% Jan
—
Smelt
Dec
17% July
Jan
139
1st
0
30%,
25%
12
*11
3%
97 Vs
103%
*44
400
27%
:
114'%
12
5%
10 %
*44
'
30 3 A
*25
115
*3%
5%
*107%
*105%
25%
5%
11%
45
30%
5%
9%
*44
267a
271%
*11
54
54
17%
171%
47%
47 Va
48%
*112
3%
*111-4
10
17%
Amer Zinc Lead &
1,600
16
Feb
156
No par
1,300
VA
29% May
33
3
2,100
,
Apr
151% Aug
Jan
Jan
19
4%
8
93
4%'-
Oct
19%
17%
29
preferred——No par
American Woolen-——No par
Preferred
—:.
_100
8%
141%
49% Sep
8% Jan
EleC-
Apr
Aug
45
Jan
11
39 % Apr
Wks &
47%
161
35%
Jan
—It)
Water
Dec
144% Feb
11
26% May 17
'
%
26%
11%
11%
11%
11%
10
11%'
*3Va-
1Q6
4 4 V'4
45
44%
4
Am
$6
100
92%,
3
91%
18,700
91/4
9
*98 VA
25%
115
*112
97
106
106
*105
:•
■
5%
5%
9Vi
100
36
Apr
May
12
Corp——14
preferred—
-100
Foundries Inc;
32% Mar
11% Mar
111
25
100
preferred——---.
5%
*118%. 120
120
*30!%
27%'
25%
2512
115-
54
*96
97
*47'%
31
*30
3%
*53%
*4%
49
11% #
53%
97
45%
*45
"
*11
3%
5%
5%
97
107
*105
11 %
3%
*3%
53%
54
*112
115
*113
115
*112
91!%
4%
27
26'%
8
8
91
*47%
49
*25%
'
26%
7%
*4%
4%
*98'A
100
90%
8
8%
8%
*98%
100
89%'
89
90
89
4%
48 3 4
7%
7%
7%
7%
89%
*97%
100
*97%
*118%
120
6%
990
/
142%
18
Dec
39% July 20
24% Aug 14
3
American Viscose
45
15%
Jan
25
Apr 24
27% Mar 16
20
par
Common class B——
Jan
12%
2
151
3
10-
Jan
15
Tobacco——-25
American
66%.
8Va
8
30
45% Oct
9
16% Jan
——100
Telep & Teleg Co
16% July
Nov
■43% July 10
160
July 12
3
13
146 V2 Oct
v
July
18% Sep
Jan
39 %e May
Oct
173
Feb
18 V4
3
36 Va Jan
American Stove Co—
Sumatra Tobacco.*——No
154
Aug 14
32
7
21
147
No par
200
180
•'
par
500
,
13 % Feb
26 !4 Jan
par
Smelting & Refg——No par
——————100
—25
6% non-cum preferred—
-100
67%
,
13% Jan
18.50
Preferred
67%
11%
Oct
—100
———
66 Va
'
48%
Jun
67%
143%
Jan
11%
66%
11%
Jan
45%
67 %'
143%
Oct
4'% May
A
Jan
American Snuff———
v.
22
10
Jan
No par
American Sugar Refining—100
Preferred
100
800
Nov
3G
6%
Amer
3,300
Apr
125%
Jan
16 Va
Safety Razor
67 Va
68
164
27%
Jan
Aug 29
66%
'
Jan
12% Aug 21
Ship Building Co—*%No par
Amer
2OV4
1161/4
;
51% Aug 23
Seating Co——No
7,600
163%
Jun
3
(
29%
Jun
10'%
x26
21
31
3 '/a Aug
15%
Feb
14
„
,
Oct
38 Vs Aug
Jan
7%
21
American
1,900
129%,
129%
*28 3
.
48%
48%'
48%
128%
*29
29
164
163%
24
128 Vi
48 Va
48
128
29
29 Va
23%
23%
23%
:
130
Sep
I2V4
5
25% Oct
15
18
82%
Nov
Feb
American Stores—
;25%,
17%
Feb
115'/4 Feb
12% July
17% May
7% Nov
68
Oct
47
39Va. Jan
13
Jan
: 900
25%
*17%
7% Feb
9
1,000
25 lA
17%
Jan
44% Feb
Amer
25%
5'/4
% May
40
120
17%
9
par
par
8.900
25! a
Sep
Jan
18%
44%
17%
May
4%
59
'■
•
May
5
66'%
7
22% Oct
6
American
1,000
.770
Jan
Jan
.
J 01% Oct 20
16% July 1
21
146%
25 Vt"
*127%
Metais„—No par
4
44 ''4
17%
128 %;
29
146 Va
44 %
147
Apr
407/« Jun
7
9'/4 Aug 10
50
Jun 13
12
Jan
500
Jan
2
..
371/4
Aug 30
9% July
25
6Va Jan
8%a Jan
Amer
.
Jan
53'%
23
7% Aug 18
79
14% Feb
1,380
■
.
V
35
18
76% Oct
par
4,000
%
16
31 "A
July
Apr
Mar 27
20
26
2%
44 Vi Aug
7% Apr
—100
87% Jun
Jun
39%a Mar 31
No par
May
Jan
Jan
4%
6V4 Aug 18
46
9
Jan
7
37% July 17
3
65
•
Apr
29\k May
Jan
19
4
1,400
1,300
17%,
16
16
32
46'/a
Apr
Jun
%
.17%
•
1%
5
Jun
3% Jan
2
17%
Jun
10
78%
32
74%
4'%
Jan
36%
par
17%
Jan
22% Nov"
*
Feb1
par
741/4
.
1%
6%
7
Mar 22
Jan
No
4 Va %
Dec
39
Light——No
$6 preferred————No
$5 preferred
No
Am Rad & Stand San'y——No
American
24%
48%
48%
4,500
'
54%
,30
4
Amer Power &
Dec
27
10
News Co
American
1,000
17%
24
*23 %
*127
410
6.700
42%
92% Oct
Jan
preferred
Jun
11
8
147/a Feb
Mach
Feb
104!%
5
80 Va Jan
Metals Co Ltd—
18%
Jan
25% Apr
Jan ;
33
11% May
Jan
13% Dec
10
157/s Jan
—No par
— 1 .-
No
6%
97'%
1
5% Mar 16
19
Co of 111
112% May
11
102
Jan
Fdy Co
&
.,
10
61
Corp
116'% July
Feb
Sep
29
27
,
10
Mach &
Amer
Preferred
25 %
23%
1% Oct
59
Nov
86
Aug 18
10% July
,
26
Jan
Apr
107•
4% Aug 17
6
Apr 25
Jan
63
preferred———,100
7%
900
14,100
17%
23%
8
preferred
50
Locomotive——-No par
7,700
31%
Va
2% Mar
conv
74%
.158%
147
14
23
Jun
July
53 Va Jan
21'/4 Sep
Jan
6%
.
12
24%
24
5%
15
45%
24V4 Jan
,
20
18% Nov
107
7
4
Invest
American
178
17%
*23%
5
Mar 10
par
Amer
46 Va
25%
25
*17%
10'4 Jan
14
Oct
130% Oct
101'% Feb
No par
Internal
Amer
American
14%
39%
44
1
18
preferred--—-100
6% non-cum
14%
31%
31 Vs
147
Nov
CO———10
Ice_%-__——No
74
158%
40
'
17S
15%
*15%
15 V'4
115% July 24
42 %8
92'%
108% Feb
100
2d preferred A
14%
14%
14%
74'%:
14%
14%
44%
44
44%
147
*146%
*175
177
*174!a
177
159%
159
,
'
31%
31
31
30%
158%
40
39%
15 '%
15%
15%
30%
30%
158%
73%
*16%
17
*16%
15%
15%
14%
107
Amer
■53%
53
46 %
176%
24%
40
%
2%
2%
53 V'4
14%
Jan
i 100
;
■
37
36 !A
37
45%
*173%
181/4
i',800
V
133
52%
14%
t
1.800
25
24%
*130
46%
s
80
27% July 15
preferred——
American
10
13,300
11%,
11%
11%
2 5'A
132
53 Va
177%
% A
16 Va
16%
45%
14%
300
101
101
16
52%
*173%
;
,.
21%
20%
21%
900
A 900
;
.'
49
*47 Va
49
54
*53 Va
Nov
26
Chicle—No par
'
*
59%
Jan
No par
.,$6 pi'eferred—No. pur
American Hawaiian SS Co—i—10
American Hide & Leather—;
1
6% conv preferred
50
American Home Products
1
1100
8! a
*
;
I;, 3 0 0
75
8%
C'A
uoo
.
V;:
6 Vi
*72
101!%
V 101
16
15%
1.1%
19
23
Inc.—-No par
preferred
$7
July 10
July 14
5
Cable
&
conv
;V$7.
91% July
185'% July
4
Sees
,—No par
Export Lines Inc__——~1
Amer & Foreign Power—No par
.
183
9'% May
Jan
Nov
71%
168
18
•
*129
25%
132
*47%
20%
;
21%'
-
*101
16
*11%
12
20%
8!%
%
6'A
6%
75
8'%
*
49
*47%
101
16
16
*11%
"12
-101
101.
15%
*71
8%
8%
21%
8!
21-
101
<
V
8 %
48
8%
48 Va
20%
*6'%
81 it
8%
8%
75
75
*71
75
8Va
8 %
*8
6%
*71
73
2,900
44
75%
6 Vi
75
6%
1500
v
*42%'
43%
75
74 Va.
2,200
5'A
5%
5
5!4
43%
15.100
36
5
75%
5%
2,600
96%
Jan
Aug
68%4 Jan
American
52.500
17%,
...
3%
134
33% Apr
Amer. European
liOOO
27
2%
2%
96%
92
*47%
16
2%
25%
26! a
23a
96%
8%
101%
36
:
2%
96 Va
•
; *25
25 7 a
2%
1
Apr
.43% July
Jan
Jan
170% Jan
Crystal Sugar
—10
6 %
1st preferred—
—100
Amer Distilling Co
stamped——20
American Encaufetic Tiling—— 1
700
10'A
17 %
73
21V4
16
*9%
27%
127%
100
American
'900
4
*37«
10%
18
25
Nov
9%
Jan
Sep
14
July 12
95% July 13
May 12
Mar
82
61
Jan
4%
Dec
par
American Colortype
2,600
95%
6 %
48
■
3%
*9%
02
74%
8 Va
8Va
20%
3%
10!a
17%
8%
*47%
3%
10%
92
*42
•
75
8 %
*3%
17%
6%
*71
27%
27
-2%
*5%
75
6 Vi
27'/a
3%
26'*2
5V
8
■
47
27
Oct
,
18%
preferred,——-100
Car & Fdy—_—No
non-cum
American
120
106
*105
106
10 V
3%
■
43%
Va
27%
27
36
5%
75
*105
27
17%
36
*5 !a
106
27
19%8 Jun
3
Sep
76'% July
»
8% Jan
6
68 % July 18
14
•
Corp
——1
Can—————25
Chain
Am
5,000
106
10
1%
*300
18%
91 %
-
91%
91 %
*35%
13! a
18 Vi
95%
95
96%
*13%',
18%
Jan
'
105%
*26-
27
2%
2'%
2
13%
18'%
60
preferred —————100
40
13%
10
50
Cable & Radio
American
260
18%
18%
26 3 4
\.1
.
128
128
128
13%
13 %
18%
/
10%
10
10
13%
105
26%
26 %
'26%
3%
10d%
*105
13%
18%
.
108'/a
*107
1081%
127
127%
127.
128
*127
*107
107
107
108%
*107
25%
25%
25%
25%.
25%/
Jan.
84% Oct
Preferred
3,500
180
181
52
23
23 % July
46
1,000
181
181
181v
23
25
133
Amer
3,400
88%
34
14
580
39
Oct
Jun
Jan
12
American
1.600
2% July
Jan
23
37'A Jan
30
21,700
11%
87
4
38%
107 %
18 %
i
,
11%
86 3
88%
,107%'
18%
130
11%
88
88%
25%
25%
*107'%
*129 %
11%
87%
38%
182
*87%
Va
88
*87%
'
23%~Sep
;
.
Jan
..
14
126% Apr
5'A%
%
13%
.
31 Va Jan
25
.,
Jan
5
31%
Apr
7% Jan
17%"
,43'% July
86'%
Apr
—
Dec
Jan
Jan
May! 7
Bosch
97
x67
16
Bank Note
Sep
Jan
U0%4 July 17
Corp—— 1
Am Brake Shoe Co
No par
1,400
11%
87 Va
88 %
44%
12
Mar 29
82
V
16%
26%
28
Oct
58
preferred-
American
2,100
44 Va
130
*128
16
87%
11%
87%
.6%
20
68%
16
44!%
44%
131
*128
131
130
" 44%
11 %
180%
*129
*67%
par
42
share
Jan
73%
July 14
4
tnc— ——-10
Airlines
American
1,400
20 %
20%,
68%
15% ■; 16
15 =
88%
*38 %
*11%
20%
*67%
15 34
11%;
88%
*101
20%
68 3 4
'
Va,
11%
11%
*42
20 Vi
15%
44'A
131%
*131
20%
67%
15
44
44%
6714
15%
15%
*67%
20 %
*20
20%
20 %
Corp—No
23% Jun
4
Jan.
2
Agricultural Chemical_No par
27 Va
1,700
28
27%
27
27%'
27%
27%
20%
•
preferred—
6 % conv
Amerada
1,100
81
*67
Highest
$ per
share
6Vi
5
July
118
19
80 %
*27%
24
19
preferred-—A——100
conv
share
40%a July
Apr
'200
41%
33'% Apr
105
103
17%a Apr
4%
$ per
July 10
July 7
22.
27
96V4 Jan
Alpha Portland Cem——-,-lVo par
Amalgam Leather Co Inc—
1
400
1,900
101
"99%
$ per
share
Corp——.-.—No par
Stores
5%
700
:
■
$ per
;
preferred----—
100
Allls-Chalraers Mfg————No par
Allied
6,300
37
Par
'•
300
102%
102%
36%
Lowest
'
4,700
21
113
35%
113
20%
20'%
20%
8
*101%
101%
101%
102
*101%
36
*112
20!
20%
Year 1943
Range since January 1
Highest
Lowest
EXCHANGE
Shares
$per share
$ per share
$ per share
share
per
19%
20%
19%
%
20'%
$
per share
$
5 per share
Oct. 81
Range for Previous
■.
■.
STOCK
YORK
NEW
for
the Week
Nov. 3
Nov. 2
Nov. 1
Sales
Friday
Thursday
Tuesday
Oct. SO
Oct. 28
STOCKS'
AND HIGH SALE PRICES
Wednesday
LOW
Monday
Saturday
Monday, November 6, 1944
FINANCIAL CHRONICLE
THE COMMERCIAL &
1974
71/* Nov
9Va
Dec
9% Nov
Nov
33
20% Mar
x29
May
33% July
*110
14%
Sep
Sep
33% July
114
Aug
11% July
20% Mar
39%
Apr
,
LOW
t per
$ per share
$
$ per share
$Mare
$ per
per share
'
19 %
19%
*40%
19%
19%
19%
*55
40
40*
*19%
56
*55
". *40%
*55
56
*55
56
*40%
41 %
*40%
41
18%
63
18%
18%
18%
18%
3:8%
18%
63%
64 Va
63%
64'%
63%
64%
x62%
18%
63%
18%
<62%
18 Ta
G338
22%.
10%
125
125
47%
47%
47%
47
47
22%
*22 Va
22%
22%
22%.
10%.
10%
*19%
20%
10%.-
*107%
16%
16
49
*48
..m
16%
93%
55
53%
45%
44%
*112
116
17%
16%
*48%
48%
94
*93
94%
53%
53%
*54
55
53
54
53
44%
44%
46
46
*112
"b 116
38%
"
*5%
33%
33%
39
■
38%
39'
51
19%
51
51
11%
52Va
53
1134
18%
11%
11%
5%
45
5'A
45
19%
*42%
44%
19Va
19%
11%
*50.
53
*50
11%
191
19%
19 Va
,,
*50
53
*50
a
11
38 Va
38%
38%
38% '
*46
*45%.
48
?51
52%
*20%
21
:-i
38%
38
38%
38%
*46%
51
20%
21
48
*47
52
*50%
51
50%.
21
44%
*43%
44%
*43%
44 Va
*43%
44Va
441/a
44%
45
7,600
100
200
20%
20%
20%
20%
20%;
20%
20 Va
20%
21
20%
12%
12%
12%
12%
12%
12 >/4
121/4
1214
121/4
;
'
.
'
126
*122
10%
10%
71 %
■
*122%
.
126
10%
70
10 Va
71
10%
10 Va
101/4
10 Va
70%
70%
71%
71%
10 Va
72%
727%/
■
...
10
x9%
v'. 9%
*9%
9%
9%
9%
9%
9%
21
*20%
20%
20%
20%
*20%
20%
20%
20%
21
19%
19%
19%.
191/4
19 Va
19%
19 %
19 Va
39
38%
38%
38%
39
38%
36%
19%
*38%
39%
*35%
14i
19%
"
6%
57%
57
*11%
*31%
31%
.;
14%
88
88
88%
22
*21
*87
22
x31%
•
89%
21'/a ;
*3%
211/0
1
27%
:
88
/ 88
*55
'
I
1
:
1
7
.
1 Va
6%
6%
6 V2
6%
*19%
19%
19 %
19%
42
*41
9%
9%
114%
33 Va-
-
15 %
18%
9%
i
49%
49%
114%
114%
114
*32
33 7
*18%
57%
'
57%
cg7
'
*5%
5%
.*35%
;.
36'%
.
57
5%,
32%
1.8%
5%
36 '/a
36 V*
36%
5%
7'
146
/ 35%
36
146
148
148
148
47%
47%
47%
47%
33%
34
34
34
34
102
102
102
102 7,
102%
*123%
124%
124%
124%
127
13%
13%
13 Va
13%
102% 102%
13
;
129%
128%
132
*127
13
13 Va
18%
18%
1814.
20%
20%
20%
4%
4%
4Va
18 Va
4%
;
20%
111
111
21-
20%;
103
700
129%
*1074
27%
.27%
11%
11%
27%
28
28
27%.
28% "
10%
10'%
*10%
11
11%
11%
11%
32%
32%
32 Va
32'/4
32
32
7%
7%
7%
7%
19%
*19%
*19%
19%
*28%
29
•'
29%
*12%
*113%;
113% 113%
41
13%'
113% 114
*12%
46%
46%
6%
«Vn
6 Va
14%
14%
13%
*5%
5%
5%
13%
6%
13%
13 %
13%
5%
14
5%
*5%
22%
22%
22%
22%
27%
27%
27%
27:A
48%
48%
47%
49 Va
48%
49%
48%
49%"-
19
19
*1914
19%
47%
*47
48
56%'
*56
15%
,.
16
4%
5
■
27
27
27
27
90
90
893/4
91% ;
20%
20%
*20%
27
*26
Va
95%.
95%
*95 V4
9Va
9%
*20%
28
27% '
96
95%
.
87
43
45%
45%.
*155
185
*43
106%
106'%
"93%
95
*93 %
95
*53%
56
*53 5/a
56
34%.
37%
37'%
37
136
63%
63%
63%
30%
30
30%
*105
*17%
19
18'%
.
17%
*17
18'%
H7,Va
.
18%
*84%
111%
*42%
43
*105%
106'%
17%
-
56,
-34%
>•36%
35%
t,"
32'%"
4%
4
88
81
19"
For footnotes see
107'%
10
.
'
*
343/a
37 Va
120
;
200
*135%
105%
35%
63%,
'•
136
200
633%
*29%
104'/a
1,600
30
105
1*35%
117
20
1,000
35 Va
117
*115
Va
18% :
19%
20
18%
18%
440
4h
173%
*17'%
17%
90
4%
32%
32%
31%
32 Va
31%
*31'%
31%
4%
4 %,
4%
43%
*17
89
82%
1983.
%
32%
3
12% July 8
751/2 Oct 18
19
11% Jun 29
89
89
90
90%
*81
82
82%
82%
3.600
Colorado
&
.
2,600
110-
par
par-
par
10'/* May
18
104'%
Jan
1-18'% July
3
Jan
9% May
43
Nov
Nov
54'4 Aug
107% Apr
67%
14 V*
Jan
■18% July
16
Nov
29V*
41% July 17
24%
Jan
35'4 July
21
20'%
Jan
31'%
Jun
May
109'4
Oct
22
Oct
37
25
Oct
20
110 Va Mar
17
105
9
54
Jan
43 Vs Apr
67-a July
3
Jail
Feb
6
•
4
8
3334 Jan
7
8% Jan
4
6Ta Feb: 19
43'% Jan
4
ApC 19
Apr
18 V*
July
83%
Apr
1
16
Jan
25 Va
May
5
22%
Jan
30 Vz
July
8
523/4
Jun
56
Mar
%
Jan
6'/a
Dec
Sep
6
44'% Jan
19
Oct
Oct
non-cum
Columbia Br'd Sys Inc
cl A
Columbia Gas 8s Elec—v
129% Nov
2
15'/a Jun 27
Jan?
3 i
3
19% July
July 11
5
23
19'% Apr 20 '
2% Jan 13
5
4% July
114
31
Sep
6%
preferred series A-
5%
preferred —
28% Now
20% Apr 19
473/* July
9%
Apr
40
;
Jan
46'/* July
x8&
Jan
97'%
Dec
31'/* May
25 V* Jan
3%
53% Apr
Jan
"
Dec
54'% July
Nov
40
i,
3934 Dec
147
4078
26% Jan
Jun ;
Feb
120'% Sep
8'%
Jan
14% Apr
16%
Nov
21*
96%
163%
23%
Jan
17%
Jan
97.3% Jan
3
Jan
13
Jan
Jan
h
July
Jun
37a Mar
111
■
Aug
18'% Jun
25
Dec
1
8'/* Nov
'7% Jan 15
'
11% Sep
8-
3
-30% Feb- 15
1
37 Va Jan
4
X33
Jan
3
Jan
7%
Jan
72%
Oct
16% Nov
1974
Apr
4% Apr
.7 57
129% Nov
1
23
Jan
4
277s Jan
11
32%
41
Apr
Jun
Jan
24
13;
993/*
Jan
109
46% July 1013% Aug 23
3
Jan<
2
2074 July 20
30% Oct 18
-17% Apr 13
108
Jun1 27
9
19
May
8%
Jan
34
July
July
114% July
4
Feb- 18
18
July 1
Dec
•
6
333A
Jan
50
9'/a Mar 25
2%
Jan
18% Mar 25
7%
Jan
Jan
9 Va May
17'% May
7'4 May
Jan
2174 Jun
48
44
Apr 19
5% Sep- 14
Mar
117'8 Jan
3
4 Va Jan
3
7% Mar 22
2'/a
Jan
4
253/a Mar 22
10%
21 % Apr
25
14
293/4 July 12
65 Va July 13
18
43 % Sep
15% Feb 24
Oct 21,'
20 "
.
Jan
16%
Dec
Jan
6
15'%
22
Apr
38% Jan
21% July 12
47 Va Sep 12
47
Jan
56% Sep 26
48
Dec
54
13
Jan
191/4 July 10
17 % Jun 23
11%
Jan
153/4
Apr
13 3%
Jan
18
Jun
16 Va Jan
3
147'a May
l3a Jan
24
63a Oct 25
5
Jun 19
July
30
May 29
7
987
14% Jan
5
25'/a July
Oct
23
30
95 Va Oct
30
27
*
36'% Nov
Dec
1
243% Jan
41'% May
May
374 May
32'%
67%
Jan
Apr
853% July
10'/*
Jan
153/* Aug
96% Oct 26
77% Feb
a
Oct
3
2
10 V2 Aug
6% Jan 12
4
Oct
6
48
35% Feb, 17148
Jan
7
185
Jun
22
76
Jan
3
90
Jun
5
111
3
28 3%
101'/*
38 V4 Mar 15
307/a May
34% Apr 20
145
111
Feb
Feb
,
96
39'% July 12
Jan
33'%
Nov
40
July
153
Sep
Jan
123
July
11
67 Va Jun
1
27
25
Sep
Sep
48'% Mar
.
33'% Jan
May
26
109% Feb- 29
Dec
54
88
par
.100'
Dec
Feb
142
30% Oct
42 Va
108'%
50
July 11
108'% Jun
Dec
74% Jun
11634 Aug
92'%
146 Va July
6
Jun
Jan
152
2
61
Dec
16%
Jan
68'4 Oct
25
Dec
7
38
Sep
1
114% Oct 27
Xl03'%
Dec,
1091/4 Jul*
17%
Jan'
28% July
13%
par
143% Apr
19
203,8 July 10
11% Jan
3
23% May 27
12 %
Jan
4
24% May 27
13
Jan
4
23 '
.2.50
26'% Jan
4
337/4 Jun
257'aJan
4
4
Apr 25
May 26
28
108
Jan
Nov;
2 Vr Jan
114%
Oct
197% July
19
Sep
19 V*
Sep
3Va
Jan
3
Jan
1774 Sep
15% J&n
263/* Dec
32% July 10
5 % Mar
6
15%
Jan
26%
Dec
1%
Jan
5%
Jun
IT
40'%
Jan
77 %
Sep
37
Jan
73
Oct
J an
70
Jan
8%
39'/* July
145
84
18
59 Va July 17
25% Apr
Feb
12
3
16
67
109'%• Jan
19
Jan
'52% Mar 22
Jun
Jan
Nov
Mar
45 Vi Jun.
109
Aug 11
53%' Oct IT
92
2 3%
32'%
.123
115% Jan
Apr 2T
37% Apr 20
Mar 27
106
23% Jan
inn
11% May
Jan
Jan
1
Mar 20
15
22 i
15
103% Mar
-No par
.100
Feb
4%
6
par
preferred^- _10O
_100
2nd preferred..-
63%
Mar
36 V*
Deq
2 -
8 % Apr
38
Jan
July 10
40'/a Jan 24
Jan
Apr
271/4 Dec
Jan
32 Va
54
11
19
Jan
127'%
103
17
1% Mar
9'/* Apr
13%
May 13
9
Jan
Oct
Nov
29'%
Mar 16
12
May;
2
17
.
XI33/4 NOV
,
5
39
24
96% Jun
.
151
;
31% Apr
Jan
5'%
Jan
Nov
5% Oct
Jan" i
33
107
Jan
9'/a
1874 Nov
143% July 12
113
27'a
65 Va
33
6
27
~4
-
8
51% July 14
10July 6.:
50 Va July 27
114% Nov
1 "
.
4
Jan
27% Jun
29'%
12% July 12
3
18% Oct
Jan
42% Oct
42% Apr
.
20%
21% July 10
31% Sep
5
3
23'.4 Feb
97
10% July
7'% July
9
May
49
Jan
1% Jun 28
.
15'% Jan
••
75
Jan
57/4
30% July
3
-
Jan
21%
25
5334 Feb- 24
% Jan
41
23
56% Mar
3
Apr 18
24% Jan
/
•
20
Oct
3% July
2% Apr- 25
20
Oct
16% July 10
93
Oct 17
8
67% Jan
6% May
62
12% Apr 18
,
Jan
127'a July 12
31% Nov
3
4
28
15% Jun
23%
5
Jan
76
6
25'
8% Jail
•
Apr
9'/*
15% Jun 30
3
par
1st
400;
27,300
Jan
May 12
4
2074 July
6%
4
12% Jan
42V* July
11
19
Apr
July
18'/* Jun
.
V4 Oct
.100
Southern
non-cum
:
Jun
201% Feb 24
Jan
17
NOV
.2.50
19
31%
4%
,
18%
31%
82
(The)——No
Class A
—No
; Colgate-Palmolive-Peet—
No
$4.25 preferred
—No
Collins & Aikman
No
5 %
conv preferred—
Colo Ftiel & Iron Corp—.
No
18
130
par
.100
:—
Coca-Cola Co
19
,
& Co
Preferred
18%
32%
88%
*
1,700
No
—No
Molybdenum—;
Cluett Peabody
,
18
32 %
■
Climax
1,500
147%
34%
O.
5%
3,900
37'/a
,
C.
Apr
July
125% Oct
.
,
17%
90-
page
56
147'/a
30
34%;
95
18%
4
4%
%
81
100
17%
32
89'%
800:
43
18%
18'
32%.
32
4%.
60
111 Va
*31'%
32%
32
89 '/*
~40
100
& St. Louis Ry. Co.
.100
preferred
Clev El Ilium $4.50 pfd——No par
1
Clev Graph Bronze Co (The) —.
.100
7
5% preferred'—
—
.50
Clev & Pitts RR Co 1% gtd_—
—50
Special gtd 4%; stock
O.
%
,
37
34%
633%
18
18
,
136%
*105
4
par
—5
700
86
No
Co new
-No par
.100
preferred—————.
City Stores—i.———iClark Equipment—,
No par
3,500
9%
47 .V.
147
63 %
*115
117
*93%
*53%
.
•*135%
>
6
-5
———
& Fuel——
Ice
bVi'-o
80
97
•
185
*155
'
32%
*31'A
"80-
17 %
*18
18'/a
*18 Va
18%
*
17%
17%
18
*18%
-
35
*115
117
*115
" 117
105%
*105'
35'%
35%
35%
*35
*115
30
29%
105%,
*105
*
9%
45 Va
30
136% 136%63 'A
63%
.
63%
30
106
*95'%
/
111%
95.
-.147
147
*146
Jan
City Investing
.*53%
37%.-
37%
.
146
*135%
137
•*135
city
350
*93%
-
34%"
34%
33%
,33%
*143
145
145
600
27%
86
106'%
93%
56" 1
*53%
37%
20%
'
93%
34
20%
*26%
185
42%
——No par
Corp
Chrysler
8,000
9%
*84%
106%
110
■
91%
46
*110
43
43
43'%
:•
100
903/4
97
9%.
Jan
13
Pneumat
27%
*155
85
28
*27
preferred———100
20 3%
*45%.
45%
.
*110% 111%
112
106%
'•
.185 "!•
85
87%
111
106%
*105%
9
*85
112
43
*85
95 Va
•
*155
-
*26%
28
45%
46
185
*111%
20%
9
9'%
46
12,300
26%
20%
*155
:
.
5'%
5
'5„
4%
4%
15%
13
23
3
Tool——No par*
$3 conv. preferred.
No par
Pr pf ($2.50)' cum div—No par
Chicago Yellow Cab
—No par
Chickasha Cotton Oil.—
———10
tChilds Co
——
No par
Chile Copper Co—-—
—25
Chicago
600
15%
90 %:
28
9%
153%.....
*15%
4% '
20%
*05 %
*15%
16
26%
89%
27
800
900
100
*15%
3
4
preferred
——50
Chicago & Northwest'n w i—No par
5% preferred wi—
100
Chicago Mail Order Co—
—5
,
16
Jan
5%
25.000
16
*15%
29 3%
45
.Chesapeake Corp- off Va.
5
Chesapeake & Ohio Ry-———25.
Chic & East 111 RR Co—No par
class 'A
;
if—40'."
Chicago Great West RR Co
50
56%
15%
90%
*20
19%
*56
16
4%
51
Va
prior
Chain Belt Co
110,700
'
56%
-
3
16
l'OQ1
7 Champion Pap & Fib Co^
No par
6% preferred i
—-1———-100
Checker Cab 'Mfg——
—-5
1,500
,
49
*15 '/a
13%
29%
1,700
,■
*47 Va
4%
Va
2,400
,
5%
*56
:
'
56%
:■
44'% May
Jan
'
13%
22%
19% ,.19%
50%
*48%
15%
90%
-
19%
47%.
,
19%
19%
*56
56%
*15%
15%.
*15%
.
19 Va
19%
47%'
19 Va
*47
*56
19%
19%,
19%
*19
1,700
507%
28%
...
8,300
6%
19
22%
26%
;
200
13%
28%
22%;
27%
19%
300
5%
27%
*19
150
22%
5%
22%
: *22%
600
41% V.
■*
6%
100
'
29%
47'%;.
13%
14
13%
•'
5%
193%
•' 47
:
■6%
6%
6 Va
1,100
114
,*131/8
13%
47'%
47
47%
6 Va
7
Jan
9%
107
No par
Cerrc de Pasco Copper——No- par
Certain-teed Products—
——1
1,620
*40%
*13 Va
46%
6%
46%
,
42
*40%
*13 Va
13%
13%
46%
*6 Va
42
*40%
*40%
40
*113%
37%
1
7
22'% July
,
Century Ribbon Mills—
600
30,500
29%
.
114
114
•
23
July
53'% Oct
4
13
—
7%
19%
19 %
29%
29%
'
126
125%
*19%
19%
29%
—
129%
/■/A 7%
7%:
7%
124
'
40
*40
46%,.
*19%
%
:
32
32
32
32
:i\
123%',
123%
,
tCenb, RR of New. Jersey.
Central Violeta Sugar Co,
•
7%
7%
•
*28%
114
*113%
7%
*19%
%
28
28%
32
125
123%
'121
125%
123
i
11% "
*11%
44
—20'
400
10%
28%
27%
Jan
Assoc__——No par-
3,000
11
10%
28
Nov
12%
33
27% Jan
CentraT Foundry Co>—————1
Central III Lb 4'% % preferred—160<
10
112
'
Central Aguirre
1,900
Nov
45
NOV
50
Si
100»
preferred1
5%
1,190
3.700
10%
27
,
.
*111
112
*111
112
1074
10%
18%
4'/a
14 Va
Jan
14
No- par-:,
Celotex Corpi———
Nov
Jan
12% July
16% Sep
—25
2d preferred
7%
„
3,900-
21'%
4 '/a
187%
21 Va
""
V
10%.
*10
60
;
$4.75 1st preferred
Jan
11 V*
20
•47% Jan
7% Apr
100
No par
No par
:—-No par
—
Caterpillar Tractor
Celanese Corp of Amer
38'/*' Dec
28'%
3
21% Aug 25
53
Oct 31
30%
—^^10
—
Apr
Jan
A—1
Co—_———
Preferred
150
2,700
:
4'%
Corp?
4%'V
Oct
45
Oct
July
6%
20%
—100
—25:
No par
Co.
Ry
Mills——
Carrier
v,
6,400
21%
4 Va
4 Va
: 4 Va
.
*111
112
112
*111
/
11
*10%
.
39
Jan
57a Jan
I)
48
"
4%
Jan
2'%
Dec
"
5
116
Case < J
34
18% / 18%
18%
21
18%
18%
20%
2674
8% Jan
1,000
13%
30-
July
44% Aug 23
preferred
—i___50
& General Corp—
-1
473/4
'
Jan
17 V4 Jan
Carrier^
400
*127
13%
i
13'%
■
22,%
34'4 Oct
3
•39% Jan
900
*102%
102%
102%
'
16
41% July 17
7'% July 3
8
14% Jan
preferred A——,—
^—-10'
Carolina Clinch & Ohio Ry—r100
Carpenter Steel Col—
—~5
3,100
33%
'■V-t
48'%
34
■
6
40'% Jan
.
'
1473%
*146
148
33%
'
Oct
39
36% :
36%
117
96 V* July
28
$3
200
57Va
5'%
35
Jan
Ale——l——5:
Capita-l;" Administration class
270
18%
5%
:
,
36%
47%
47%
34
1374
'
*146
48%
34
*47%
18%
57.
5%
v
<
32%
57%
*5%
*31%
18%
*56%
5%
57%
57
Djry Ginger
Cannon
40
•
,
1143% 114%
1143/4
18%
:
>18%
•\
>.
Jan
8% Jan
-1
Canadiail Pacific Ry^.-—
400
9%,
49%
17
8%
—No par
Packing
Canada' Southern
•
100
'
36
147
114
32
Canada
12,700
*93/a
21
27
Campbell W & G Fdy———No* par
3,100
48%.
*48%
*31
114%
1
*146
9%
49%
.
10%
'
Sep
4
'
preferred—'——L,—30?
& Zinc:
■
S
—-——No par.
conv
•
10%
51
48
40% Feb
700
42
*47
*9%
,
49% ' <:
32
32
18%
18%
*57
*5%
.
,
*41
*48%
9%
9%
.
.'
48%;
Jan
37 % Jan
preferred—<—.———50
Callahan Zinc-Lead:
/——1Calumet & Hecla Cons Copper—_5
2,700
6%
"28%
Jan
Nov
38'%
Feb
95
18
-12% Jan
4,300
;
l
41'%
85
551% Sep 29
527a Jun 27
Jan 26
28% Jan
5%
28%
10%
5 %
California
400
193/4
42
*41
•
56% May
5
88 % Apr1
Participating preferred—:—lOOs
Byron-Jackson Co—
;
No par
1,000
,
19%
,
28%
lO'/a
V *4T
10%
48%
1
114
114%
*32%
10%
*46%
49%
*48%
50
/
6%
2174 Mar
45
Byers Co (A M)
56
1
C'/a
11% Nov
Butte Copper
.
180
27%
■..
■
19%
28
:
42
*41
10%
48%
:
1
6%
"
28%
28%
,
27%
*55
19%
6%
19%
10%
47." -1 47
*9"
9%
!.V 10%
10%
48'%
*48
6 '/a
42
42
*41
■'
10%
*46'%
28%
,
y
'
21%
27%
56
19%
6%;
19 V2
28%
28%
28%
28%
*27%
88
...
"
.
400
1,200
,
'*21i/a
•
21%
*55
1%
1
■:•
21%
27
27
56%
1
800
,
31/4
14%
88
:/
56%
26%
56%
"
31%
*3 Va
14'/a
14%
31/4
14 Va
89 Va
21%
88%
21%
22
2,200
.
'
::
*55
56%
900
/,
•11%
31%
31%
*31
3Va
141/4
14%
.
2
Co
100
No* par
Bush
Terminal————I
6% preferred
———-——100
Bush Term Bldg 7% preferred—IOC
Butler Bros—;
10;
July
19V* July
17 Va -Nov
par1
Burlington Mills Corp...
5'.e preferred
Burroughs Adding Macli
2,200
.
5,400
58
11%
11%
11%
31%
3 Va
14V4
88%
*14
x26%
27%
500
v;11,110
57%
'
*27
>
Jun
10O
76
Co——7——i—-_I';
Forge
19
Jan
7
—————No- par
Bulova Watch-——i———Not par
74
*70
'
*55%
.
6%
*6 Va
.
74
58%
58
11%
3%
3%
3%
13%
;
-.
31%
*31 Va
31%
31%
•
14%
Bullard
:
14%
14V4
6
6
*70
.
60
xll%
12
11%
74
58%
59%
57
11%
*3 Va
3%
*3%
*14
6 Va
6
Buffalo
,
*108 V2 111 v
14%
X14'A
14%
*70
74
*70
57%
11%
11%
36
111
4 00
1,500
';
„
»
'
74
57%
14%"
6Va
35%
111 -;.v
*108%
14 %
.
*6
6%
*70
74
•
*108 Va
35%
*35%
35%
111 *
14%
14%
14%
6%
*6
*70
35* a
*108%
111
*108%
14%'
a
*38%
35%
35%
35%
■
38%
*38
111
*108%
,
2,100
38%
36
1,580
"
21
19%'
19%
■
;,
9%
9%
9%
*20%
■
9,800
10%;
71%
10'/4
.70'4
10%
<:
71%
126
*122%
126
*122%
126
*122%
126
Jan
11
12% Jun
No> par:
No
J'an
9'%
Jun
93'/2 Mar 14
Bucyrus-Erie ;Cot—
,V..; •; 7%. preferred'
._l—100^
Budd; (E G) Mfg———
No- par$5 preferred —
-—--No par
Budd
Wheeli
—„.
No par
4,200
12%
12%
*122%
;
Bruns-Balke-Collender—
2.400
11V*
13'%
5
19% Mar
Jan
Oct
Maine RR
Brown Shoe Co-
200
21
12%
1,600
Dec
Jan
6 Va
109
34% Jan
3% Jan
3,200
40
Jan
18
xl9% Oct
(assented)-100'
Bower Roller1 Bearing
5Braniff Airways Inc
—2.50Brewing Corpki of America—:
15>
Bridgeport Brass: Co
—No> por
Briggs Manufacturing-.-.
No5 par
Brlggs & Stratton-i
No~ parBristol-Myers • Co—5
Brooklyn Union Gas——Ncv par
100
121% July
Jan
27%
5
207a July
4
Jan
Nov
14'% Mar 14
Corp———i.—_5
&
Boston
5,600
:
45
20%
16
Borg-Warner
.
V-
*43%
51% Oct
54
25% Aug 30
11% Oct
5
3
3
109% May
50%
21
24
7% Jan
26
48V4
*47
'
51%
21
37'% Feb
•16% Jan
4,200
39%
*20%
Apr
1,100
11%
*50%
:
21 Va
21
21 Va
20%
■
69%
1101/4
33% Jan
300
38V2
48 '
48
48
*50
47%
51-
38%
66% July 11
126% July 10
Inc—_•——*—-I
4Va% preferred: ------——-100Borden' Co (The)——————Is-
53
111/4
Va
39%
'11 Va ' ;■ 31
11 Va
"
Jun
4
2
B_„—i—j-——No., por
100
7
*42%
51/4
5 Va
*42%
42 %
18%
'
July
17
2,800
1
5%
5%
Nov
38
Jan
Bond Stores
700
39
'38%
11
57
Jan
8 7%
5
Laughlin- Inc-—
•Class
130
/
33%
Feb
22%
4
115%
33%
54%
21
46% Jan
46%
*113
115%
*113
-
309
30
53%
46%
46%
24,200
•'
24
41% Oct
20% July 15
No, par
Blumenthal Ss Co preferred—:—lOO1
Boeing Airplane Co.—
.-,——5
Bohn- Aluminum' & Brass—i.—5
Bon' Ami Co class A
No par
"
•
5%
42%'
■■■•
46%
,
;
•
18%
43
■
.
33%
33
39
38 %
5%
■.
33%
33
5
:
116
*112
38%
18%
7
17 Va
48%
16%
16%
56% Jan
20
Bloomingdale Brothers
90
177; Lep
56'% Jan
1153% Feb
7%
Biles &
"
*107% 109
109
93
33
*42%
*107%
*107% 109
16%
38%
18%
4,400
18%
48%
.
116
7"
20%
*18
93%
33
•5%
*20
18%
17
38%
43
20%
*18
48%
33%
5%
*20
18%
*93
38»»
*42%
20%
*48
32
"
'
93%
44%
116
10%
10%
*20
49
16%
53%
*45
10%
400
she re
13% Mar
6
28
53% Apr 21
preferred1-,
——_—^--100
Bigelow-Sanf Carp Inc.
-No- par
Blacic & Decker Mfg Ce~
NO: par
Blaw-Knox Co
;—
Npar*
400
22V4
10%
V
46%
221/4
*93
'
*52%
46%
*48
16%
49%
*93
47
22%
*1814
109
*107%
*48
*
93%
125
22 Va
*46
S per
share
per
15% Jan
_No par
(Dei)
20'% Sep
4
Jan
f
t per share
3334 Jan
-
Bethlehem Steel
1,609
18%
18%
109
Best
12,900
125
125
20%
*20
18%
10%
10%
10%
10%
20%
18%
109
*107%
125
125
*20
18%
18'4
*124 Va
125 Vt
47%
125
47%
*22
V
63%
Best
-
*22%
125
*47%
200
2,800
18%
18%
Loan...
Highest
Lowest
Highest
per share
17
No par
pfd $2.50 div series '38_No par
& Co_
No par
Poods
—.—1
Beneficial Indus
Pr
56
41
i
Far
1,200
19%
:19%
,
,
41
411/4
'
125
19%
*55
56
*55
56
" 41'%
19%
19%
19%
Lowest
EXCHANGE
Shares
$ per share
share
Year 1943
Range since Jannary 1
YORK STOCK
NEW
the Week
Nov. 3
Nov. %
..
Sales for
Friday
Thursday
Nov, 1
Oct, 31
Oct. 30
Oct. 28
Range for Prevfont
STOCKS
HIGH SALE PRICES
Wednesday
AND
Tuesday
Monday
Saturday
1975
FINANCIAL CHRONICLE
THE COMMERCIAL &
Number 4331
Volume 160
3
01
Oct
Feb
7/
84
Oct 18
Oct. 28
i
93%
93%
*91%
20
*19%
*46%
117%
*107%
45%
46%
15%
15%
15%
%
87%
'28%
3%
*1073/8
44%
43%
44%
43 Va
44
15%
15%
15%
13
%
15%
15%
15%
15%
IS
%
"12
%
Vi
y8
88%
",-88%
88
20
28%
:
5%
27%
,
11%
11%
28%
16%
24%
,
r
-
25%
25%
25%
107%
107%
107%
6 Va
*5%
6
27%
27%
11%
11%
29
29%
17%
17%
17%,
24%
25
19
24%
18%
15%
15%
15%
24%
24%
19%
18.%
18%
16
15%
15%
51
*50
51
*50
•
108%
Highest
25%
*50
109
109
*109
109%
110
3
Commonwealth
1,100
;
16,500
17%
50%
109%
230
27%
,,
2,100
7%
109
-
$2.50
44%
9%
Jan
as
Jan
July 13
Oct
•
18
21%
16
17%
9
10'4
Jan
1
27 /
Dec
"
Dec
July
13
~3%
-
Jan
98% Jun
17
23.
30% Oct
,
Oct
Jun
Sep ••?,
Jun
July
1V# May
82
Jan
21
Jun
16
»;
36% Jan
28
July
2% Jan
"
4% July
5
11
i-
Jun
25
v'
Jun
24% > Nov
V
!
6% Apr
25% Oct
19
15%
15
108% Oct
4
91'4
Jan
105
5
6% Jun
27
Va
Jan
I
16% Jan
13
2.8 V* Nov
2
7%
Jan
.
■va
7% Jan
,24
2'4
13% July 19
3
Jan
12
32% Oct
4
1
11%
Jan
3
17% Oct
3
No par
pfd——
18%
Jan
3
25% Oct
20
Aug
14% Jun
8
19 Va Oct
30
15
17% Feb
21
12
6% ,pfd..___ 100
45
Jan
102% Jan
5
Feb
15
7% Oct
par
51
4
30
50
$4.50 pfd—No
Pow
Jan
41
44
23
preferred
Consumers
29%
28% Oct 31
3
3% Feb
Consolidation Coal Co.——..25
100
107%
90
20% Jan 10
95 Va Jun 23
Gas.——15
Natural
of Cuba
KR
Consol
4,400
Jan
2% Jan
Consolidated
18%
Jan
104%
21 Va Feb
Consolidated Vultee Aircraft—
conv
Jan
25 Va
16
102% Jan
26,700
$1.25
30%
19
No par
—5
$2 partic preferred—
ConsoL Laundries. Corp
1,800
20
Oct
1%
8% Feb 23
21% Jan 27
.
Industries——
14,570
'
24% Jan.
23
19 % July
No por
1
$5 preferred—
Consol Film
11,200
■:
Co——
Edison
Congoleum-Nalm Inc
—No par
Consolidated Cigar.:.—No par
$4.75 preferred
4__
No pur
; Consol Copperrumes Corp
^——5
Consol Edison of N Y^—^-No par
9,700
.
79
No par
Conde Nast Pub Inc——^No. par-
700
v,
50'4
.
Jan
,24%
18
16'/a
:
1
2,600
HVa
-
,
% Feb
17,200
,
29%
.•'*24%;
18%
51
.51
,
17
Commonwealth Si Southern—No par
$6 preferred eerles
share
98% July
Jan
9
50% July 15
18% Jun 16
18
1,400
27%
' 16 34
4
,
14 Va Apr
.
$ per
Jan
47% Oct
108
——No par
360
1
'
17%.
*50
51
*50
109%
*109
109%
109%
,
29%
.
—100
preferred
79%
43% Jun
3
11
A Commercial Solvents.
200
,
11%
15 %
24%
18%
28%
25
Feb
15
2,000
\
29%
24%
18%
24%
*15%
*11%
Xl6%
n
3 34
27%
11%
11%
29%
16
-t-
28%
27%
28
39 '/a Jan
37 Va Jan
105
40% Feb
11,200
-.
;V,
107% 107%
5%
57/a„
6
16%
19
100
25%
25%
107 >4
15%
29
....
!
6 Va
18
*
3%
11%
29
16%
*98%
3%
28%
11%:
29
98%
-29
v
23
No par
•
20 Va
3%
97%
3%
"
25%
6
27%
27 y#
3%
29%
22 % Jun
24
Comm'l Invest Trust.
69,500
4,300
•.
24 %
■
2
16 % Apr
10
share
93% Nov
par
—No par
I per share
14
par
Credit—
conv
share
No
preferred-——
$ per
Feb
84
2,900
1;f
897/a
20
24%
$ per
10.800
,
28% ; 28%
24%
107%
25
6
5%
27%
*24%
97%.
3%
108%
28%
20
97%
28%
97%
3%
107 Va
107
5%
.
25%
25 V#
107
16%
•28%
24%
29"
"
*3%
Lowest
Highest
No
Carbon Co—,.
Pictures
Commercial
4% %
20
24%
*28%
24%
$2.75
100
•28%
28%
24%
Columbia
2,000
,
89%
89 Va
20
*19
41
90
90
28%
28%
*97
97%
44
20
Xl9%
>
,
24%
26%
16%
*107%
15%
'.4 *28%
25%
28%
*107%
28%
97
107%
*11%
108%
108 Va
45%
•
25%
40%
29 Va
3%
107
40%
25 %
96%
47%
40 Va
*46%
"40%
24%
29%
96%
*46%
41%
*46%
*28 %
••••
47%
Columbian
400
41%
44%
28%
25%
*25
197/a
19%
47%
88
*19 Va
20
94 %
*19%
40%
108%
87%
28%
28%'
*19
*92
20
*19%
*107%
■i
!u
87%
..
93%
93%
19%
47%
46%
15%
45%
Lowest
Par
200
92%
19%
Year 1943
Range since January 1
STOCK
YORK
EXCHANGE
Shares
share
19%
108 %
*107%
per
92%
,
41 % '
41
42
$
*46%
47%
20
46%
*41
per'share
S
$ per snare
92%1.
*91%
•
20
46%
*90
NEW
the Week
'
per snare
$
per snare
J
per snare
for
Range for Previous
!
STOCKS
Sales
Nov. 3
Nov. 2
I
Nov.
Oct. 31
Friday
Thursday
Wednesday
Tuesday
Oct. 30
PRICES
SALE
LOW AND HIGH
Monday
Saturday
Monday, November 6, 1944
CHRONICLE
THE COMMERCIAL & FINANCIAL
1976
Jan
24% July
July
3% May
19% May
Feb
8
-Sep
24 Va
Nov
29%
9 %
Nov
21% Mar
17%
-
Nov
27% Mar
Oct
4%
Jan
16
Aug
7
Sep 28
Jan
18 %
Dec
Jan
47%
Dec
33%
89
Jan
107
16.
110% Aug 30
Jan
,23% Jun
Oct
'
39%"
10%
8%
29 %
29
*15
15%
15%
15 %
44
*12 Va
441%
12%
44
*47%
48%,
44
20 %
12 >4
10%
48
48%
48%
48 Va
8
8 Va
8 Va
8 Va
28 Va
28%
28 Va
28%
29 Va
29%,
15%
*15 Va
12%
>
/,
44 %
45
48%
*47%
178%
12
12
*47%;
20%
20 Va
20%
53
53
53
53%
*52%
58%
58%
58%
58%
59%
59
6
6 Va
3%
3%
July
Jun
10% Jan
4
178
A
178
6 Va
6 Va
<*6 Va
6%
6%
6 %
3%
3%
3%
3%
3%
3%
3,700
Coty
3,900
Crane
*24%
24%.36
35%
24%
25 Va
102%
36%
35'%
35%
26%
16
16%
*142
9
9%
*52%
.18
18 Va
18
127
23%
24%
*11
'
*125
23%
15%
15% *15%
"A
*111%
38
39%
39%
36
*35'%
35%
;
15%
15%
15%
16Va
*142
24
24
28 %
28%
28%
9%
9%
54
6Va
18'4
9%
,18%(
.
"*52%
6V4
6%
18%
18%
*125
24
24%
*11%
12%
*22%
25
15%
15%
11%
:4
*22 Va
.
29%
*111%
113
15%
xl5%
39%
39%
-111%
38
<38
38
113
6%
6%
11%
38%
.
40%
"35%
35 Va
35Va
35
21
*20%
21
21
21
21 Va
21%
30
30%
30%
30%
30%
7%
7%
7%
7%
63 %
*37%
63%
*61%
37%
*37%
38%
38%
37
r':
32
32%
*
40%
40%
31%
40%
15%
16
*31%
31%
*
31%
•
19
!'
47"'
*18
"
47%
"43%'
43 V*
43
22%
22
22
70%
126%
v;v';- 126
*111
112
70%
::
112
39'4
39%
12%
38%
13%
'
*12%
38 %
38%
32%
32%
40%
v
32%
*31%
40 %
40%
40%
40%
16
*40%
16
16%
16%
*16%
;
155
155
■
•
31%
31%
32%
..
5,600
103%
103%
104%
104 Va
;
200
*18%
18%
47%
*46%
18'/a
,
*43
43
22%
-.7.1%
*125%
126
125%
*111%
113
>111%
39
38%
38%
13%
13%
-
••:
,21%
:
72%.;
126.
,18%
43 Va
•
13%
13%
154%
16%
*115%
116
V *16
155%
*12%
13
12%
37%
37
•
12%
*36%
37
*15%
16
*15%
*166%
167
*188
189%
-
167
126
116.
A
117
13
39
39
,13%
13%
16
16
167
.
■;
13.%
49'4
48%
;
155%
*125
116%
*115%, 116%
12%
'36
%
157%
126
;
•
,-V,
116%
v.
13%
2,000
2,000
,*16%
*16 Va
17
168%
169
169'8
189
189
*187»4,
169 %
*187%
189%,.,;
300
16%
16%
17
169%
1,300
170
130
189%
48%
49
49
22
21%
21%
*21%
22%
13%
13%
13%
13%
13%
44%;
44%
44%
•44%
13
V#
13%
13%
13%
5%
57/a
5%
5%
4%
4%
4V2
4%
92'4
92%
923/4
87
86%
86'%
13%
44%
45
45
45
44%
45
44%
12%
12%
12%
12%
12%
13
13
*5%
5%
5%
5%
5%
5%
5%
5%
4%
4%
4%,
4%
4%
92%
4%
93'/a
93%
94
93
93
87
87%
87%
87
87%
44%
44
%
*44%
44V2
44%
44%
33%
33%
33%
*33%
*85%
33%
44%
49
44%
33%
*33
13%
13%
1,200
j
-
,
v
86%
-
*33
44
44
33%
33%
300
1,600
'
14%
14%
14%
15%
15%
*63%
64%
*63 Va
64 %
*63%
64%
-63%
*105%
106 %
*105%
106'4
*105%
106%
106%
15
15
14 %
14
103
*102
105
-103
*102% 104 >4
a
*103%
103
14%
14
,
*102
103
105
■
103
r:
n
"11%
11%
11 Va
11%
11%
11 Va
11%
62%'
For
*61%
62%
footnotes see page 1983.
62%
62%
104
*103%
U
IS
1%
ir
.
••
*103%
104%
100
1%
1%
16,700
11%.
•
-
11%
11%
11%
11%
-11%
11
"
11%
11
11%
11%
62
62%
62%
62%
62%
11%
63
2,700
13,200
Public
700
$6 preferred...
JEquitable Office
benef
48%
38 V* Mar 31
42
1
37
Jan
•'
Jan
," 17
13 Vt Jan
11
x27% Feb
29
Sep
17% July
5
8%
36% May
Apr
35% July
;■
33% Mar
42 l/a NOV
May
15%
Jan
25%
Sep
44
Nov
73% May
No par
No par
No par
—-1
——-1
No , par
10
——
,
i
5% pref series A—
,
.21% May 12
47
May 13
26
7
113
28J4 Jan
21
114% Apr
-
,
122%
Nov
153
Dec
Jan
14
Sep
28
19
17% Jun 28
162 % Jun 19
123% Jun
6
Oct
27
128% Mar 24
120% Jan 20
10% Feb
28
33
Apr
6% Jan
25
7
3
14%
July
6
40% July 14
18
Oct
2
Jun
29
35%
"
' '
'J.
'
Jan
10%
Jan
13%
Apr
134
Jan
159 Vi
July
124
Dec
130
Dec
9% Nov
11%
44% July
Jan
8% May
146%
Jan
170
May
Sep
184
Jun
195
Sep
9
X173
'50
Jun
30
35
25
11% Feb
15 >/# Sep 29
45% Aug 18
13 Vt Nov
3
4
18
13% Oct
3% Jan
4
6% Oct
13:'
3% Jun
9
5% July
3
20
Dec
Jan
3%
Jan
37% Jan
*10
Apr
Aug
31%
Jan 24
22% Sep
;
;;
121%, Sep
Feb,
1
Dec
115%
41
16% May
Jun
5%
175
171
f
May
9
157
3
•
107% Dec
16
6
11
1
1,15
,
*106%
Oct
8V4 Apr
Feb
Oct n
Dec
July :
July
5
43 '
11% Feb
137
35%
100
Aug 30
Jan
131
106% Jan
1
.4
—2
1
——5
—3
,
Jan
30 Va
45% July
19
Tan*
July
14
8% Nov
1%
Sep
39 Va
Mar
5% May
6% May
Jan
Jan
99 >4 Mar
3
1%
31 V»
Jan
92
Nov
Apr
24
94% Mar
4
28%
Jan
88%
Nov
par
39 V* Apr
33%
Jan
42%
27% Feb
28
7,
47% July 11
3
34% Aug 14
23%
Jan
par
par
par
4
:_50
100
1
No
—No
——No
Bldg.
No
int
'95
100
^
Service
Erie RR common——.—,
Ctfs of
Mar
Jan
„
1
22% July
Jan
preferred—
$5% preferred
104%
40
Dec
10% May
•
17%
Steel Corp
5
Co——
No par
$5 preferred
103%
18
65
Jan
17%
Jan
Dec
80
103%
•
-
Oct
3%
16%
1
July
34
106V4
130
July 10
9% Mar 22
3
36% July .«i
20% May "
26
Light——No
No
No
Battery
No
Storage
270
37
21% Nov
43
Jan
Feb
106%
-
3
Jan
12;
Jan
8% Jan
22%
106 %
105
Feb'
,3
12
Jan
29
45% July 10
27% July 12
2
72% Nov
106'4
104
11%
11 %
1
52
Jan
10
26
>
7
Johnson Corp—
103%
105
103
a
5% Jan
f
Jun
" Jun {,?
24%' Sep- »
9
Electric Mfg Co
103
3
Mar
,
4
Endicott
102%
116
May 24
3314 Jan
Emerson
*103
108% Jan
,
45
600
1023%
12
;
7% Oct -)
Feb
4,000
103
19
38%
67%
102%
19
Jan
3% Jan
Oct
Ind Am shares—...
preferred
preferred
Engineers
Jan
12
Aug 28
15%
18,400
17
20
<
48
15%
14%.
2
30
4
33
-2
Nov 11
5
*65%
15
119%
43% Jan
65%
14%
24%'Mar .;
•
.
f, 26% Jun
No par
No par
No par
15%
14%
:
16 V*
15%
15
Feb
J&a
41'A Oct
El Paso Natural Gas—
4%
Nov
15%
Jan
65%
106%
14%
96
10
15%
,
1
6
20
65
102%
*102
103
*103%
103
14 Va
14%
11%
11%
*61%
103
1
15
11%
14
& Mus
Electric
Sep
27% July 17
28
-Dec
20% Sep
Eaton
Elec
443/8
125
Dec
3
preferred
cum
Electric Power
33%
44%
Eastman Kodak
$7
18% Nov
9
5%
15V4Jan
A.
Airlines Inc..
Eastern Stainless
$6
3
45% Sep n
9% Apr »f
8
Eagle-Picher Lead Co.—
1,700
6% Nov
:
7% May
.116
5
■
9,600
■
Jan
Jan
International—
2,400
93
86%
17,
29 V4 Jan
(EI) Si Co——20
$4.50 preferred
...
No par
Duquesne Light 5% 1st pfd
100
1,600
92%
;
100
Jan
,1
Jan
Electric -Boat—
1,400
48%
Jun
30%
Sep
Oct
83'/a
4,000
49
22%
...
1%
July 11
28% Jun
Du P de Nemours
6 %
Va Aug 31
Oct
Jun J
107
21%
Duplan Corp.—A
Eastern
11
56
|
25%
Jan
140
(
26 Va
Jan
3
;
$4 preferred series
Dresser Industries
Dunhill
18
100
9
Manufacturing Co
Edison Bros Stores Inc.—
Elastic Stop Nut Co——i
Electric Autc-Llte (The/,
.*21%
49
■
10% Jan
1
2
104% Nov
4,269
44%
13%
13%
86%
180
;37%
189%
93
600
37%
13
169
4%
3,400
13%
*21%
*33
.157
*125%
116%
126
100
16%
...
13 Va
22%
4%
*16.
37%
14
13%
k>,
•
%
*13%
*21%
10,200
,37%
13 Va
*21%
22
%„
13%
13%
37
*48%
r
157%
125V4.
36%
,
f
200
Dec
223/i'Aug
14
Douglas Aircraft—
Dow Chemical Co———
700
.
900
..
•16%
155%
49%
*48%
'
125%
-116
16
167%
*187%
*16
16%
126
125%
Class A—
11,000
67%
x66%
*111% 113
39%
39%
113
Jun
115%
Apr
Dome:Mines Ltd—
■
22
14%
Feb
105
16'/4 Oct
113% Apr
17% Jan
—23
Doehler Die Casting Co
72%
71
*111%
155
,
13
\; 36%
*187>4 189%
*16
156
126
155%
116'
16%
1,200
5,100
126,. V 126,;.
.
39
•39
43 V*
V
Jan
—No par
43
21%
Aug
Oct
July;,
Jan
23% Oct
;i8%
100
Co—
Cup
190
,
.100
Ltd—^.No par
18%
22
1
113
Dixie
500
5
Sep
108 ::
Oct
7%
par
partic preferred—
47%
■
82% Tuly
Oct
>
9%
No par
—No
A
St Kaynolds
,.*18*"..
,
Nov
x66
,22% July .5
47%.
1
47 Va ...47%
47%
43
'
21%
72%'.
.
18%
21%
•43
71
104%;
%03
104%
38
17
..10;
preferred——
5%
Dec
;17% Jan
Distil Corp-Seagr's
31%
27%
41 % Oct
Diamond T Motor Car Co..—
16
99% Aug
457/a Jun 27
3674 Oct
3
1,100
09
Jan
,5
Diamond Match—
6%
81 Va
18
..20
200
-
16
;
3
11% Nov
21% Jari
„50
Devoe
■
1,900
15%
112
126
•y-125% 125%
125%
125%
*115%
'
-
31%
•
'
:
710
;;
39%
15%.
21%
*
70%
70
*126
40%
32
39%
17
12
111
Detroit Hillsdale & S W RR Co.. .100
32
43
43%
*22%
63
15%
*46%
47
47
*
i*62
21 '/a
63
*62
15%
18%
18%
*18
\
41
*103
104%
*103
104%
*103
20%
21 Va
63
31
47
18
—
23 V# July
Jan
36 Va Apr
——
Jan
9
.
11%
32'A Apr
Delaware Lack & Western
108% Aug
23% Mar
Jan
par
—
22% July
Jan
19% Mar 17
;13% Jun
...1
Na
Jan
Jan
16%
Jan
——-—i- .20
St Co
Detroit Edison.:
5,800
6% Jan
14%
May
18%
29 !A Sep
I
6
114% May 20
>21% Apr
,100
7* pfd
Delaware & Hudson:
14,700
.
21
4% Jun
1
(The)..
Deisel-Wemmer-Gllbert
3,500
7%
7%
21
Apr 25
Apr 24
41
25
—
—
Chemical Corp
Preferred
600
31
30%
7%
Deere
1,100
;
31%
15%
31%
7%
31%
32
*40'4
32%
40
'
•
*15%
<20%
*61%
39
32%
:
21
21
63
■
*62'4
20%
20%
*62%
21
2C%
-
;.
500
6,700
41%
preferred..
Dayton Pow Ac Lt 4Va
Decca Records Inc
10
35%
*35%
5%
Davison
5,100
38% "
V,. 38
40%
97
6
2% May
95.
12
29% Mar 15
4
4
Sep
Jan
Jan
37%
143
5 % Aug 25
\
B
Davega Stores Corp.——
100
113
*111%
...
Jan
14% Jun
Cutler-Hammer Inc
300
rx'--
18
22% Jan
Apr
61 Va May
186%
iJ
3
17% July
25
22% Jan
;
.'A 47
Dec
36% July 10
81% July 5
28% Mar 10
3
101
Jan
2%
28
Oct
103% Nov
4
Jan
Jan
53%
Aug 21
49% Aug 29
20% Oct 23
10
112
1% pfd—-100
—No par
Cushman's Sons Tnc
11%
25
Jan
Aug
Aug
37
39
4
11% Feb
4,400
1,800
35"
29%
7%
'
Jan
20% Jan
1
—
20
69
.
Inc—4
Curtiss-Wrjght
.
*20%
30
7%
;
25
15% -15%
15%;
113
40%
72,200
*22%
v
,
6%
*11
•;
,
30
18%
24%
25
10,900
'<
9
28
V
f
17%
173
25% July 11
27% Nov
2
1
Apr
53
Dec
Aug 18
27% Jun
3
97% Jan
4 Va %
500
•127
*125
'
7%
6%
9%.
,
5
preferred—..————100
Curtis Pub Co (The)—..—^.No par
$7 preferred..
———
No par1
Prior preferred
No par
CuneO: Press
70
;
53%
18%;
18%
24 Va
;
•127
53%
*38%
.•>./.
40'4
500
3
Jan
15% Feb
■
preferred _—r—.1—100":
Cudahy Packing Co
—30'
900
*125%
16% Jan
15
Jan
13%
7
111
3
45
7%
28%
93/8
9%
Sugar.;
Cuban-American
7,300
24%
108
7
May
45
18
5
20
Jan
27% Feb
100
10
preferred—
Cuba RR 6%
150
106
18% Feb
*20
Oct
61% Oct
6
Sep
7 %
x9% Jan
5
July 31'
54
49 Va
37% July
27% July
5
184% July 10
7V» July 6
3
104'4 Jan
preferred
preferred—i————.4—100
5%
300
1,520
16 Va
»'•
53
127
*125
127
24
;
28%
*
•
2,000
25%
-
,
127
*126
127
54
54%
'
24.",'
*•.'
28%
108
*106
9%
*126
126
16
*142
360
80 Va
*
25%
24%
24
*27%
108
*106
*80
.
150
*142
150
-
*35
-
21
30
30
25%
25
39%
•
35%
*20%
21
*20%
80 Va
25 Va
11%
*ju%
-*37 v
;
38
39%
39%
36
80 Va
26
23%
15%
113
38%
*38
35%
80 Va
25 Va
1,600
V
—...——25
100
Corp (Thei——2
..No par
Crown Zelierbach Corp
5
$5 conv preferred..
—-No par
Crucible Steel of Amer„
No par
$2.25
300
36 Va
36
■
112
112
35%
80%
1,200
103%
preferred
Co
conv
Jan
1% Jan
—i—-1
Crosley Corp (The)..
No par
Crown Cork & Seal———..No par
10,200
20%
,
103%
103 Va
35%
127
*22
23%
20%
103%
11%
11%
11%
23%
>
20
'
•/.
49
*47%
49
*20
20%
103
23%
24%
-"111%
15%
*47
20%
6'4
6
*22
-
9%
125%
,
6
*125
127
24 %
48
102%
108
*106
,54
18%.
18%
*122
28%
9%
5%
6
6
36 Va
Corp.
Cream of Wheat
1,300
27 >4
36%
24
24
%
126
*52%
53%
*52%
Vt
126
V.
28
108
*106
126
24'4
26%
36%
150
*142
24
*27%
108
9%
24%
27%
36
16 Va
*80
150
24
24
*125%
24 >4
26%
36
26%
15%
28%
108
24%
27
36
25%
150
24
*26%
24%
80%
36
80
26
16%
*142
;
•
102%
35%
35%
80
29
Internat"
5 %
250
48
20 Va
20
102%
102%
80%
16%
:A
,
110
110
36
\
491/2
*48
26%
26 C
26
25%
25%
110
26
36%
20 %
20
102%
102%
*80
2 5 Va
110
24%
25 y8
36%
49%
*48
20%
20%
-
'
48%
48%
25%
109
108
24%
25%
24%
*35%
25%
25%
109 4
24%
24%
25
■*24%
28
5
•
'
10
52 % Apr
800
3%.
25%
*108
108
108
109
*108
25%
25%
25 %
480
6%
\
25%
44 % Jan
173% Apr
Trust
Products
178%
52
Jan
Jun
22
2514 July 12
3
Co...—20
Exch
Corn
Preferred
13% July
Mar 20
Refining..—.—:_25
————:———100
Bank
Corn
410
178%
V:
Jan
19 V4
178%
3%
18%
40%
30% Aug 18
46
4,400
Jun
Jan
12
59%
15%
Jan
29
53
Va
Jan
7
4%
12 >4 Aug
15% Jan
Jun
25%
38 % Feb
47
Sep
36%
5
..No par
3,700
HOVa
26
__No par
2,000
11%
Jan
Jan
Oct
prior preferred....
..No par
Copperweld Steel Co—.—...
5
Conv pref 5c!o
series
50
Cornell-Ducilier Electric Corp
1
21
20%
6
'■
Cooper-Bessemer Corp.,
12'4
Jan
96
26%
8% Oct
49
3
Continental Steel Corp
$3
x4%
33% Jan 22
16
5% Jan
26% Sep 14
24 Va Apr 19
360
48%
21
178%
May 24
41% Jun
5
Mar 10
43 >4 Jun 27
13'4 Mar 16'
700
*47%
48%
*20%
178
1,200
12 Va
48 V2
6,200
of Del—.
Continental Oil
10
19
112% Aug 31
5
10
15%
46
52%
178%
10
29% Oct
46
*15 Va
15%
58
3%
3%
45%
20%
6 '4
6V4
45
.
52
178%
32% Feb
Motors.———__ 1
Continental
14,600
28%
-
,29
29
29
15%
29
15%
45
59
58%
178%
*178
28%
20%
*51%
1.600
8 3/8
8 Va
.
52%
20
'
59%
%
105% May
preferred—
—.—100
Can Inc..
.20
Continental Diamond Fibre.
5
Continental Insurance
$2.50
8 %
•1,000
V
49
48%
Continental
"
12%
12
12%
.*47%
12%
48%
52
59
10%
29%
15%
*44%
.,.''•47'%
20%
52
11
»/
28%
29%
29
4,400
8
20
Container Corp of America......20
Continental Baking Co—No par
;
11
•
10%
28
1,200
110
*107%
<
10%
8 Va
*29
110
39 3
38%
48%
28%
7%
8
*107%
38%
7%
27%
8
7%
110
27%
.
39%
48%
28%
28 Vt
27%
39 Va
8 Va
7%
f
X27
28%
39%
10%
10%
*48
7%
*107%
39%
48%
10%
48%
7%
■;
7Va
110
39%
10%
39%
39%
10%
48%
28%
7%
*107%
110
*107%
;
39%
110
28
7%
7%„
8
7%
28Vi
28
28%
*28%
*107
28'a
par
par
par
par
No par
No par
100
81% Apr
78
15
25
17% Sep
8% Jan
5
49%
Jan
3
101%
Dec
16'4 Aug 25
101 Va Jan
2%
Jan
57%
Jan
92 !/a
Sep
1
62 Va
Jan
96
Dec
l'A Aug 10
13% Mar 22
■%
Jan
Jan
104
Nov
104
July
9% Jan
4
9% Jan
3
3
Sep
1
89
46% Jan
Dec
92
103% Oct
25
9%
Jan
Jan
% Apr
58% July
103%
54
87
92% Jan
Sep
Sep
5
68% July
108% Jun
Sep
57 Va Jan
x32
"13%
26,
Mar 22,
64% Oct
19
8%
l'/i Mar
16% May
Jan
8
Jan
39 Va
Jan
Sep
.
16 Va May
52% May.
\
Saturday
Oct. 28
J
s
per share
88
*121
12%
12
11%
12
12
12%
1,200
Eureka
14
137/8:
14
14
15
15
15%
9,700
Evans
42%
42%
43%
42%
43%
43
Ex-Cell-O
Corp
4%
44' •;
4%'
7,100
*4%
800
Exchange
Buffet Corp
13%
41%
41%
4%
4%
4%'
41%
41%
41%
41 'A
; 41%
41%
41%
25%
25%
25 %
24%
25 Va
24%
24%
13%
17
12%
13%
13
13
17
16%
16%
105
*16%
*103%
*22
■
22
293»
'
*24
v**24%
52
52%
511 '4' ■ 51%
(
„
43
22%
*22%
*
108%
*108
"29 7
22
108%
*108
*28%
30%
*6%
44 %
6%
*6%
'
44%
44%
*15
15%
*59 %
60%
*22%
23%
,22%
*23%
23%
*23%
*29%
6%
44%
44%
44%
45
15%
15'A
15'A
15
15'A
60%
*60
*39
32%
39%
1A
114
i
61
*6
4%
4%,
*16%
17
68
*64%
*16%
16%
*16%
70
x6%
6
*106%
107%
*106%
52%
51%
61%
51%
8%
8%
8%
8%
*16-A
*65
66
7
20 %
20%
20
55
55
41
*108-/4
*155%
10%
57«
10%
*10
5 7«
102
27'A
*27
147%
*145
38%
3%
140
*138
140
*138
'
213 %
*112
115 Va
*112
61%
61%
*127%
133%
*132%
?
•
■'/'
56
*54
56
56;
12
21%
9%
9%
"1%
1%
.'
1
125
'
#122',
11%
11%
21 %
21%
114
112
133
*132
uiYii
.'
11%
*11%
11%
900
21%
21%
S%
9 '2
125,
3%
3%
.
*106'A
1
•
125.
*123
v
3%
3
*.
*106'A
3%f,
•1%s
22
22%
22'A
22 /,.
22'A
21
21%
21
21%
/: 21%
19 Va
1°%
1n%
1" 1
19%.
101/„
19%
19%
19-/2
/.■'■'
X89%
91
89 Va
90%
90%
.91
*25%
2a'/«
25 %
25%
25%
25%
27%
*27'A
28-A
28%
28%
111%
111%
lll Va
90 Va
*25%
253 4
#2711
25%
20^8
27%
93%
25%
■'
92%
27%
>, *27'A
.
28%
•
111%
*111
*24
24 %
*23%
103
103% 103%
'
24 Va
VV
28
Ill
: : *24
24
.
111
24 Va
*111
Va
24
24
*103
12%
*85-A
88
19%
20
103
13% July
Feb
54
10-A
Jan
Jan
18
24% Oct
13
20
Jan
4
23% Nov
1
13% Jan
13
Jan
15
70
10
15% Sep
14
62-/2 Oct
26
4-/2 Jan
3
13'A Feb
1
Jan
3
55-A Oct
24
11
21
14% Oct
18
108-A Nov
I
102
Jan
107
Aug
28
54% Oct
13
37
Jan
51
Jun
51
10 Vs
.....100
——10
—No par
.No
41% Apr
100
5
100
—...—
preferred
Co.
——...
12 Va
12%
12%
*86%,
87%
*86%
12 Vi
88
; *86%
-
23
7
23
22%
•
6
'■
.
,
6
53A
/
104
V
104-/8
46%
.
15 Va
5%
.
*111
15%:
4%
43a
18%
13%
13
*17.%-
.
6
13 Va
38'A
*38
39
24%
*24
24%
16 %
16 ?«
53
22 r
21%
'
*11
.
24
5%
.
V
5%
;•
29-/8
157%
*54
59
*52%"
22%.
22'A
22%
.5%
26%.
"5
VA"
;
164
.
5%
5%
*19
19 31
/ *14%
147a
"*107% 108
•105%
-18%.
106
18'4
46,%.
46-A
46-A
46 %
46%::: .7
*150; ; __
*7.7%., ' 7%
'
,*106%;
28 3a
28
19%
14%
105 3 4
18 Va
18-A
164
' ', ' ;
12%
'
20
"
;/
*162
.
12%'
5,200
.
1.300
."53-A".'"5.5-A /;■?•
5,700
46% ; V
I
n
7"Vt)
8-/4 May
18% July 10
105% Oct 18
71%
Jan
4
4
19
Feb
16
Feb
Jan
102
Jan
4
128
Mar 18
28%
*32%
' '33-/4
*32
V2
33-A
56
4% Jan
3
193A
143j,
1,5-10
19%
19%
19%
143V
14%
108
*107-A
108
14
73%:
%
108
106
106
*105%
106'
*105%
106
120
18
18
18
17%
18
.17%
18
2.200
*150" '
—'
*106'A
*150
*150
*106
137
July
Jan
56
July
Sep
131'A May
125% Nov
17%
Jan
2y4
Jan
6% July
17
13%
Jan
24 % May
IV/2 Aug 21
4-A
Jan
8'A
Jun
32
Jan
"2%
May
3
;2'A July
12%
28-/2 July 10
27.
Nov
"19% Apr 25
14% Jan
4
*104.
2
4-4 Oct
5
124
95% Oct
26% Jun
1
:'v 13-/2 July 10
90
Jun 17
Jun
23% May
105% Aug 23
3
24%
Jan
Dec
July
91
Jan
15%
31
July 15
113-/2 Apr 22
25% Jun 19
7-/2 Jan
15%
v
Jan
16'A
,
8
Jan
60
.
17
Aug
23% Mar
Jan
9%
-
15
Feb
115
.
15%
18
19% Feb
Nov
25% May
Jan
Mar
4
-
25% July 10
19% Nov
3
.
9
20
39
1
107-/8 Nov
19
Jan
6
110
Jan
14
99
69
Jan
6
108
113
Jan
4%
Jun
9-A May
Jan
Jan
74
Jan
60%
,
Dec
25%
14% Jan
14-A
May
Sep
11'A Jan
19
20% Oct
11
5
Jan
7
102-4 Nov
2
59
Jan
85%
14%
Jan
22% July
41
Jan
48
x83
July 11 >'•.
Aug
1
18'A Jan
Apr
4
25
26
52
Jan
3
3% Aug 21'
4
4% May
45
•1
2% Jan,
-
143/
1%
3
40
Feb
7
/ 54% Jun
98
Jan,
3
104% Nov
8
Jun
26
104-A Jan
3
112 % Jun
8-/2 Jan
3
17'A Oct
1 'A Jan
3
;/.t 3% Jan
20
15 -/4 May
9% Feb
32'% Jan
7
Aug
/
-
Jan
Oct
9%
<
Apr
Jan
2% May
6%
Apr
5
3%
Dec
Oct
6
8
Jan
17
5.
7%
Jan
13% May
Nov
3:
29%
Feb
37
3
39
/ Sep
158
Nov
Feb
3
54% Oct
17
29
11
3% Apr
18
3
Jan
26
•
1
•'
12 '
176
Aug 12 v
16-A May 17 .
Jun
154
Dec
Sep
65
Jan
Jan
50
Sep
Jan
21-A
Dec
Jan
23,v
Jan
3
42-A Sep
15
Apr
27-% Sep
4
33
July 17
28
38
May
15-A Mar 13
21
Aug 31
i 4S% May 19
; <; 13% juiy
17-A May
10%. Nov
2'A
Jun
5
Jan
.160%' Jun
81 %
Jan
3%
Jan
25%
Jan
44-A
Dec
50% July
/ 28% Sep
10% May
,
41% May
~7%
L
'•
if
75
*106
'
73/i,
•
,.
"•".7%;,v ,3%
*106 '
'4V
50
100
'
Water
23
27
16-A July
5
3
11-/4 Apr
26
106
Apr
11
111
102
22%
Feb
35
Jun
12-A
Jan
9%
Jan
18% July
15 3A
106% Aug 11
Jun
14
15% Apr
24
21
Jan
6
151
5% Jan
14
104% Jan
5
138
July £4
July 10
13%
135
8% Jun 27
July 12
86
110
Jan
Feb
4% Jan
Jan
For footnotes see
page
JUA
1983.
Jun
110% July
104% Mar
4
Oct
Apr
38
18% July
.
'144% May
■
7% May
109%
—
VwiJ,
Jan
Jan
57%
11
6% Aug
59
27%
14%
24'A July 15
12 -/4 Jan 24
.
Apr
138
,
13
17-
19% Feb
11
Apr
3
18
32% May
Dec
31-A
43-A Feb
28'A Nov
July
Dec
Jan
23-A Nov
29-A Oct 30
■
26
13%
24
17
.
July
21%
1
67
6-A Jan
108% July
July
5'A July
3
33
90% Jan
Sep
102.
19,
15
,
41% July
45%
t
16
May 23
123
Jan
8
18
24% Jan
Apr
Jan
;
143% Feb
57
Jan
4-A
5 ;
.7
97'A Aug
25 Va
19
50
3% May
Sep
83
1
36% Feb
19
Jan
73%
•
1 i
Nov
85-% Jan
1% May
A Jan
,
Oct
Jun
24%
4
3
preferred class A
23
Hall Printing Co
10
Hamilton Watch Co.__—<.
No par
6% preferred
—
—100
Hanna (MA) Co $4.25 pfd—No par
Harbison-Walk Refrac.
No par
6% preferred..J
—*
100
Hat Corp of Amer clas® A—.—.1
6-/2% preferred (modified)—1100
7%
400
108
*106-A
107%
Nov
44 %
4
23% Jun
5
11
22% Jan
Jan
128%
<
30
1-/4 Apr 25
74% Sep
83%
2
Oct
3
3% Oct
Dec
120%. Dec
13% July 26
24
Apr
Sep
3
N -K
Jul>
93
Nov
119%
Jan
1%
148
130% Oct
18% Apr 26
19% Apr
113%
July 12
66
4
3
112
44% July
July 13
Nov
28
Oct
39% July
Jan
26-
117
51% Feb
6% Jan
Jan
30
25% Jan
Hackensack
900
19%
19%
28
14%
*7%
Sep
133
36% Jan
8%
1.000
28
28
28
19%
7%
3 % Aug
140
125% Jan
106
30%
117
11
115
Jan
!
43% July 12
Jan
3
10
32% May
Jan
34
39-A July 11
24
98-/4 May
20%
.
8
Sep
Jun
130%
29% July 12
153
9-A
H
•
106
*?%
Aug
18% May
tV
Va
33
*28%
*107-A
Jun
151
Jan
o'4
105%
18,
Dec
jan
■,
6% pfd—No par
Western Sugar
No par
23
Apr
9-A
Jan
Mar
4%
July 12
41% Nov
3
:—...
11%
134
25% Mar 15
Corp.—.
Jan
5%
6
3
Oil
Apr
53-A
Jan
17
——100
Green Bay & West RR
100
Green (H L) Co Inc.—
—1
Greyhound Corp (The);
:
No par
5 % %
preferred 3_.A—
10
Grumman Aircraft Corp.
.1
Guantanamo Sugar
--—No par
Gulf
Jun
14%
Jun
7%
10
10
20
preferred——
100
Gulf Mobile & Ohio RR__
No par
•••'-■ 45
nrpferred...
i——No par
6%
Jan
6%
14% Jan
....
Ore Prop—No
Jan
9%
51
23% Jun 28
{
#14%
108
14%
*150?'.
;
*7%
4.100
*107-A
108
105%
*150
*19
-A
/.;
'
3
;
par
preferred-.
.As? vVL
*32'A
33
a
*107%
.
ml,,
55
14'it
19 3
„
7
12 Va,
55
,
28%
164
*160
"
12-A
28 Vi
54.300
,?,7 5,%/'/5%
55-A—
33
,
ll'.«
*11
,
11%
33
; 22 lit
8.500
.
Co-
9% July
Apr
Preferred
600
.53'A
22%
55-A
Groat
40
53'A
.
12 V«
'
28- a
,.
(W T)
26
157% Oct
2'A Feb
Great Northern Ry
4.800
1
fSu.il 7/ '.26 %'; 27'A
5-4
I64
*160
1,900
13.200
29
5 %
Oct
65
Oct
2%
40% Jun
No par. ;
No par
Steel
Great Nor Iron
,>54."',,,59
.
55 VA.
»t
*23%
7
16%
*157., 159
7
'
' "
500
41%
'A
29
.
,22%;,
27
'
Grant
900
24 Va
Granby
Granite City
2.400
39
/.
Motors..——;—-.1
Consol M S & P
^—5
30% July
7% July 10
<112
preferred—No par
A.—No par
convertible
Grand Union Co
200
16%
*11
28 % ••
26%
,
*32
22%
-
11 Va
*11
11 Va
:
•
41
.
53
■
3.1
'
29
53
•
'
2.100
13%
24-4
157%,
59
.
*3i%';
28%
158
44.700
■
-
•
22'a
.
39
-
.
11%
56V
*46%
24
55%
12
56
a!
38%
24
53
*160
11%
56%
46%.
38%
24%
-
12%
56
%
13.Va
38'A
$5
Jan
4% May
3
35
Gotham Hosiery—
Graham-Paige
14%
3
140
$5 preferred —A
400
,2.100
'18-A-
:' ■; 13 -A '■
13% /"
5.400
5%;.. 6%
/
4-4
..
13% '
400
Jan
19%
7-/2 July 10
X21% Aug 30
25 lA Apr
—1
;
Jun
Jan
47-A July 18
18 -/« Jun 28
81% Jan
No par
Goodyear Tire & Rubb——No par
'■>
'
,
preferred.
4%
Jan
1%
9%
5
24
11% July
3
V% Jan
Brewing CO---——--;—1
Gold & Stock Telegraph Co—100
Goodrich Co (B F)
A.—-No par
3.500
'
conv
Gobel> (Adolf).—
530
'
,
(The)—
July
4% Jan
tGoebel
800
15%'
%%;. 4%
7 v 18 Va
13%
29
59
24 7a
163,
163
*12
46.%
6
4%
18-A.
*54
/ #11
25%
■5%
162
162
'•
'
53%
*54
;
,
11,'it
24%
6
4%:
*18
'
Va
"
'
4VS%
500
Ul7«
15%
53 %
:
59
*52%
"
18%'
158
*157,
159
.
'*54
,
5%
4'A
'*4%
;* 18
*24
29
21%
6
111%
16
17
29
24%
47-A
111%
*15%
41VI7'
40-A
.11%
111%
16
17
29 »A
*11
46%
111%
41
40%
*217 a
:
Glidden Co
1.000 '
/;103% "103 Va
V r 47% / 47%
*103% "104
41%
29
53%.
.
17
40
59
142% 143
":'?50»A;v50'A
41
29
•,
50'A
16%
40%
*52%
3%
142-A
17
29
*54
3%
16%.
;
40%
,*157.
$6 preferred—
1.200
'
preferred
conv
Gimbel Brothers...
4.700
3%
.
$5
100
No par
-No par
No par
—No par
No par
__.._50
Safety Razor
Gillette
8.100
7
23%
51
3%
38-A
38%
*23%
158
23%
■
51
49%
47 *'.
5%
41
*156.
*50%
23%
142 Va
104-/8'.
16
•;
4'aV
18-A..
.13-A
16%
16 3 •»
12%
87-A
20
20-/8
102% 102 VA
102-A
'
4 3'a
*17%
;
3%
49% "
46%
47
111
111
24%
*24
*50%
143"
49%
38%
'
*38
139
;
50
104
'
4%
13%
*12%
23%;
V 51
*3%
3%
139
15% :
18%
"
*17
112
15%
6%
,
4%
51
49%
46%
46'A
15%
.
131-A
103%
*111
111
15%
*3%
■
50%
10?%
46%
46%
111
"5%
130
50
104
*103%.
%
101-A
23-/4
•>i%
51
51
101
101
12%
i *86 V
■
5,600
129
51
19%
12% /V /
12-A
•
3%
3%
127% 127:%
*50%
51
*j
23s
19%
19%
**V>%
22%
51
<
50%
507u
87%
100
100
101
*100
100
100
"
19%
19%
19.%
19%
19%
87-A
12%
8 7-A
12%
Jun
2%
5-/4 July 10
8
Feb
,
12%
5
31-A
6% Jan
—10c
No par
Signal
July
7
;
5
17
7% Jan 24
143
par
—1
preferred—_No par
Feb
Sep
116
5
Jun
105
No par
preferred.
4'/a%
180
Sep
25% Feb
preferred....—...I/.——-100
Realty & Utilities new_._i._10c
6 %
Jan
38'A July
4
General Tire & Rubber
300
Dec
3
?
No par
Corp__/._i.._1
$6 preferred—No par
General Telephone Corp
20
Gen Time Instru Corp
No par
150
7
.
Dec
75
Feb
2% Jan
Equip Corp ...No par
1.440
50
2% Jan
12% Jan
#
Railway
A" 6 %
31
May
15-A
Jan
5%
26
Oct
Dec
19% May
21
16%, Jan
17% Sep
110
Dec
18
General Shoe
104
103%
~
Jan
39-A
Gen Steel Cast
'
24 Va
9%
22
17
i_
1.000
91%'
91%
V
21
General Refractories
3,500
.21% ^
" 19%
19%
103%
24%
103 Va
103%,
*103
103
25 3 4
111%
*111
111%
243a
111%
V
15-/2 Oct
66-/2 Jun
9% July
53
42-/2 July 12
Public Service—
Gen
1.400
93
■
.
1,000 '
27%.
*18%
.
—
preferred
Gen
10,200
■'3%
1
5
16
No par
No par
...—^...100
No par
Gen
30
"3%
9
Jan
1
20
Cigar Inc:
$4.50 series A
1.300
22 ■:
Jan
30%
#.
Gen Precision
1.000
1%
26:26
Vi&tf
3%
7
General Printing Ink..———
10
.109
1% '
%.
25%'
Jun
5
58% Mar
Ao par
...—No par
Common
1.400
,
"V" 124'
124
I 3%
%
9%
28
36% July 11
Outdoor Adv A
Gen
70
21A
9-A
107 Va
1%.
25 Va
*21-A
Jan
4
preferred
$5
600
"'
123,
*122
400
57
19%
3
3
General Motors Corp
26.300
127%
*56
25%
V.r 25%
" 62%
57
i%-
.1%
1%
2d
'A 134 -A
617 e
*127 -A
-A
62
128
•
107 Va
107 Va
1%
25%
25%
60
11%
9%
%
300
112
;
128
21%
9%
9
139
*137
139
132%
.
*a4
*21%
*106
*122,,
3%
9,700
11%
9%
1%
1%
25,-,
3%
m
56
'
25%
■
56
11%
*106
*106
*25
.
3%
Gl%
11%
21 %
"9%
r
160
3%
8
11-A May
53% Jan
No par
General Foods Corp—
_/Vo par
$4,50 preferred....:
..No par
Gen Gas & Electric A—-,_._No par
$6 conv preferred series A-No par
General Mills—
....... No par
5% preferred....
——.100
4,900
*
127%
21%
11%
21%
•1.1%'
,
61Va
*127 Va
61%
128
128
40-A
112%
38%
Jun
31% Aug
8% July
13
Jan
'/a
29-A Jan
103
Apr
preferred
1%
3
36
'General Electric Co
24.800
40%
112 VA
39 -A
*137
134%
61 Va
127%. 127%
55%
*53
61%
60%
128%
*132
133%
*132
132%
*131
113%
39 "a
40%
112%
3%
115%
3%
115%
'/
70
:
.
40%
38%
41
113%
3%
148
*145
cum'
General
700
27
26%
1%
370
103
'
Class A
700
16-A
*16 •'
39% Nov
Jan
No par
General Cable Corp
112%
39
40%
113%
*138
^
140
*113%
General Bronze
2,100
148
147
3%
139
'.
3%
3%
*138
5,900
6 '/a
,27-A
27
148
114%
3%
3%
10%
5%
-103
July
25%
43% Aug
General Baking—
10
16%
109
5-/2 May 16
5
5
No par
Corp......—5-
Gen
4,900
preferred
Jan
24%
Transportation
1,800
8%
103
102nA
27 'A
38%
38%
41
40%
103
Amer
Jun
Jan
20
51%
$8
22
■
15%
97%
30% Jan
:
10'A
:
10%
6 V.
.
16-A
16%
*16
*113
5%
4Ul)
39% Jun
31% Jan
Aug 31 ;
19
14
34% Jan
.1
Co
157-/2
8%
157-/2
109-/2 Oct
104-A Jan
Wood Industries
8-A
50%
8-/2
*155%
4,300
109
3
13
Jun
July
29%
cl A
(Robert)
*155%
51%
51-A
8%
157'A
5%
147%
114%
51%
8%
8%
16%
41%
*113
■*
109'A
102%
38%
41%
114%
41%
*1C8
*51%
52
*27
147%
38%
38%
33%
*113
108-A
16%
27
147'%
150
*147
14 Va
102%
16%
103
27i}
27
*26 3 4
14-A
107%
107%
5%
5%,
5%
14
200
14%
14'A
.
Jun
44
26'A Jun
Inc—
1
Gaylord Container Corp....
5
5-A% conv preferred
——50
Gen Amcr Investors..—
No par
/ $6 preferred
—
No par
1,200
55-A
*55
55 %
14
10%
16%
20%
20'A
Va
*55
157%
102
20%
43
109
100
preferred
Jan
4
..10
preferred
Co (The)
$3
Gar
3,900
7
6%
50% Jun
25%
4
Co
Gardner-Denver
16%
66
19%
2,
53% Nov
25
No par
7% pfd—100
Gamewell
16%
10 %
4
•/ 6%
170
6%
*155%
6
200
43
*64'A
10%
16 3
16
x43
*16%
157 Va
103
*15-2
45
7
10%
6
16
16%
157»%
16%
103
16
98% Nov
;
Jan
Jan
18% May
10
100
1
10
.10
25
(The)
Inc
Co
Galr
Jan
12%
35% Jan
preferred
Gabriel Co
500
70
10%,
10
2,300
4%
6 Va
157%
*155%
4%
5%,
v
4%
*64 'A
14'A
13%
8%
4-A %
Dec
Apr
25-A July
Jan
42
103% Apr
Co
Trailer
Fruehauf
%'
55 % :
*55
*106%
:. 52 '
300
320
20 %
20'A
13%
39%
114%
44%
V-
16
107%
;
4%
V2
45
55 %
6
v
45
13%
14
14
,;ii4-A
*5%
4
16
'<'•
6%
39%
114-A 114'A
-A
6-A
Jan
78%
1.
1
Corp
Freeport Sulphur
30
27% Aug 21
Nov
Francisco Sugar Co__—
2,200
103% Oct
3
52
Inc...—
F'k'n Simon & Co Inc
5
Jan
V 18
Feb
3%
15
B
preferred
prior
6%
30
20
3
Jan
105% July
29% Apr
13
:
Nov
19% July
Jan
18% Dec
10% Aug 18
.30
Oct 21
4
38% Feb
Corp.....
Foster-Wheeler
3,000
33-A
V 33
*39-A
6
4%
15%
19%
*55
55 %
*55
'
6%
20"%
6
%
4
*64 V4
19%
1
7
*39-A
114-/4
114
44%
70
'
*20
39%
*39 'A
33
7
a
110
13
Jan
11 %
Jan
86
V
4
23
27
preferred..
Machinery
Food
600
3,400
16 Va
leva
*105
/
conv
Jun
23% Oct
Jan
Corp
Steel
Food Fair Stores
900
.
23 7
*23%
16-a
V" 32%
44%
16%
*16%
*64%
23%
" 110
32%
*15%
45
45
61
23
16
*105
32%
114%
4%.
16%
*15%
16
16
110
*5 Va
6
4%
45
45
16
39%
39
114%
6
a
4%
*15%
;;
60'A
23%
*23%
23:%
23%
32% 5
32%
39%
6OV2
*105
110
110
114%
15
•
16 %
39 %
46
is
23
22%
23
22%
23%
32%
114
114
*60
60
23
5%
•350
45 %
;
Follansbee
3,100
Aug
24
Apr 24
45
No par
Florsheim Shoe class A_.
67'a
44%
Florence Stove Co^—
600
21
Jan
..100
preferred
$4.50
70
30%
6%
60
109
V
..
39% ;
30%
16%
32%
1
May
6%
No par
No par
No par
No par
(The).
Flintkote Co
Mar
28
8% Nov
24
17
Corp
42
Nov
21
17
17% Feb
«J7< ilu,)
Jun
30% Nov
13
14% Jan
93
preferred..;
First
4,100
•...
103 "4
6%
''
42% Oct
26 % July 17
22% Jan
:
Dept Stores.—.
conv
Enamel
4V% % preferred
National Stores.
300
900
22%
*29%
*23%
1
*32
/'//-';■
,
6%
23%
'109
109
*105 \
3,000
•
44
30%
4»A%
Ferro
1,000
■
"16%
16
16%
16
52
Federated
900
%
4% July 14
19% Apr 26
100
No par
—100
;
1
Fidel Phen Fire Ins N Y
...$2.50
Firestone Tire & Rubber..—....25
6%
22%
&
23
•390
20
105
5
2,100
39%
39
25
No par
•/■'
*29%
,15%
5 d '/a
59%
39
29-A Mar
17
'
•/../->
22%
3
Nov
2% Jan
—2
2,400
107-A
108
21% Jan
5
Corp__w.___—5
;
6%
44%"
■»
15%
*15
39
$6 preferred
Federal Motor Truck—..
30%
*6%
"
44%
*108
&
Federal-Mogul
54%
23
108%
108
*38%
38% :
*29%
6%
"•
'A
Light
29%
51%
Jun
44% Oct
18
102%
107'A
14%
14% Jan
Federal
600
Federal Min & Smelt Co_
'43%
"
Jan
Traction—15
__No par
5,400
;;
/'<
*53-A,
'
; ■
.
5%
3
100
24
51%'
.44
,
22%'
22%
108
38%
38%
38%
31
n
108%
108 '
■'
38%
*38 >4
.
*43%
44
*43 Va
107%
*107'A
107% 107%
22%
22%
22%
22%
43 %r
43%
43
43
'
3
18
3
700
*23%
»
Jun
15-A Nov
6% Apr
9% Apr
21'/a Apr
9% Jan
8%
102
-
53%
51%"
52
51%
51%
107%'
//
24
53-A
53'A
•
'
103
24
9%
33-A Jan
22-/4
29%
29%
29-A
.
'
51%
107%
108
■
8%
8%
102%
103
24%
53
1
43
•
#-24
52%
52%
51%
51
*107
107 Vb
*107
23%
23%
52%
053 ;
103
.
22%
8%
2.9%
v'29%
29%',
103'/a
"
Jan
No par
& Co_^
22%
.
*21%
19
18
3%
Fajardo Sug Co of Pr Rico„_^._20
Farnsworth Televis'n & Rad Corp_t
105
...%2?%.
Jan
4
Fairbanks Morse
16%'
*103-/4
-
Co
Products
Nov
78
68%
13% Oct
2,000
:'V;
13%
'
.16%'
22%.
*21%
8%
8%
8%
103%
>
24%
%
23
13
,
'
105
*22-A
''
29'A
29%
103%
16%
*103-A
-
22 4 "•
22
■
29%
102%
102%
13%
16%
25
'
'
*29 W.
13
22 Va
22%
22
8%
8%
;
17
*103'A' 105
'
22%
*21%
:
102%
./
'
*
25
Cleaner
Vacuum
share
per
84-% Aug 24
1,300
41%
*41%
•
;
'
*16%
"
8%
8%
105
22%
22%
*21%
,
.
•
v
*103%
22
*21'a ' 22'2
,
8%
4%
13
105
17
*103
4%'
24%
13 »,4
*4%
;
4%
*41
25
a
22
11%
13%
13 la
'
12
Highest
$ per share
share
15
78% Feb
50
5
—5
—3
2.50
—
88
41%
1
Erie & Pitts RR Co
88
*84'A
88
12
4%
41 %
*84'A
12
11%
14
;•
41%
*247
*84%
88
$ per
t per share
Par
Shares
1
$ per share
share
per
*84%
41 %
a
414
$
share
14
13%
411
share
per
*84%
*8414
a
Oct. 31
5 per
Year HVV?
Lowest
Highest
Lowest
EXCHANGE
the Week
Nov. 3
Nov. %
Nov. 1
Range since January 1
STOCK
YORK
NEW
for
Sales
Friday
Thursday
Tuesday
Oct. 30
•
Range for Previous
STOCKS
AND HIGH SALE PRICES
Wednesday
LOW
Monday
1977
FINANCIAL CHRONICLE
THE COMMERCIAL &
Number 4331
Volume 160
r.
Oct
Tuesday
$ per share
* per
7%
108%
20%
20%
20%
*20
7v4
:
20%
71%
71%
107'%,
107'%
2044
20%:
7%
20%
,290
.
1,000
*71'%
71%
'•
73
200
73
168
23'
23
2244
23
22%
22%
23 %
23
23
23
23%
23
1,600
8144
8174
81 J/4
81%
82%
82'%
800
81%
82
83
811%
82
*81 ¥4
*129'%
131
121
,24%
>23%
*22%
2244
*227%
44%
44%
241%
25
*22%
2 2 44
*44
44 Va
18 %
18
69%
4274
42 74
413/4
*43 7%
43%
43%
43%
163%
164%
16%
164%:
70
*6974
110
,•
67%
66
%
66%
10'%
10%
10%
10%
10'%
1044
32'%
32%
32 %
32%
32'a
32%
1%
144
1%
1%
14%
15%
*8%
84a
8%
274a
274%
'
14%
¥4
4'%
30'/%
307%
30 7%
153/%
16 ¥4
4
4%
164%
16%
39%
64%
6474
*30%
15%
*108%
30%
16 Va
16%
1644
40
40
64%
13%
13%
13%
13%
18%
19
19
19
36%
,
108%
*10814
*82%
10%
10%
*8%
83
83
83%
83%
10 :l4
1044
10%
104%
104%
8 %
110
*3574
10944
10944
7T%
844
844
8
844
844
1757%
*174-
.
17%
17%
77'%
*777/4
5.
194%
19%,
19
8844
10
*85
30%
8314
85
*84%
86%
85
*120
135%
*120
135%
16%
16%
16%
164%
16 %
1644
1634
1644
1644
*16%
17
17%
17%
1744
17%
<17%
17%
17
113%
39%
'
17
17
34%
34%
135%
*120
16%
16%
*16%
17
1744
18
39%
*39
17%
108%
108%
108%
108%
103%
108%
*95
105
*95
105
*95
105
*81%
83
.
7314
73 %
74
*81%
82
82
82%
16%
16 %
16 %
16%
20
19%
19%
*19%
*16%
24%
164 a
17'/a
17'%
1.100
35'%
3544
2,000
96'%
32'%
108 ¥2
108 ¥2
10844
108%
105
*95
105
24 Va
.
11% July
11
Jan
23/4 May
; 24
——20
16
1,100
16'%
82 ¥2
83
1644
1.200
20%
82 ¥2
1.600
¥2
20%
Aug
30T4Nov
25
8
Jun
4
68
Nov
8
Jan
1644 May
18'%
Jan
31'% May
37
Jan
48
4
1644 July 11
20'% Oct
4
100
.—3000
26
2
Jan
13
4
Rayon--—
.-No par
$4.50 preferred A
—No pa*
Ingersoll-Rand_.
——-No par
6 %
preferred———100
35% Apr
Jun
100
14
8
105
88% Jan
3
109% Nov
2
86 ¥2
6
165
Sep
7
158'%
3
X87
Aug 14
A
8
Industrial
No
Co————
Steel
Inland
158
28
27
Int Business Machines-.
Harvester——No
International
par
165% Jan
™—100
Preferred
144 Jan
Hydro-Elec Sys class A
.—25
Min & Chem——5
Preferred
Jan
¥,
6'%
Apr
8'% July
38'% July
Jan
213/4
154%
Jan
106
Jan
115
Nov
8
Mar
Jan
944
5
144%
Jan
Aug 21
56%
Jan
Sep
162
177
Jan
Jun
July
4% May
Mar
11% Jan
19
55%
67
32'% July
25
136
3
Apr
Sep
7444
Jan
¥2
3% Aug 23
177
78> July 20
6 % Jun 28
7
>
Mar
6
6
1844 Jun
3
13% Feb
July
784% July
9% Nov
5
175% July 11
19
130
———100
.
¥4 Apr
168
3
844 July
3
4'% Jan
100
Apr
Jan
10% July 10
13
25'% Apr
Canada——_—No par
Nov
62
114 ¥2 Mar 13
4
Jan
32% Nov
40
28
15% Jan
65
100
-1
preferred———
International Mining Corp
4%
May
" May1
¥4 July
4444 Jun
19
Jan
Aug 29
8% Oct 23
44 July 17
1;
109'/4 Oct 31
—100
preferred
6%
7% Jan
29% Apr
11%
July 12
1244 July
9% May 11
—No par
Corp.—
Mar
s
71 ¥. Feb
par
42 44
■
3
19¥2 July 10
44
25
Oct
30
Jan
3-%
5;
Jan
July
64% May
Nov
36%
,:
Dec
8 ¥4
Jan
1444
129
20
138
Apr
July
'
5%
Paper
-15
Co
Dec
Feb
11
89 ¥2 Nov
1
453%
Jan
6944
Dec
3
12% JUn
21
344
Jan
114%
Jun
68% Jan
4
92
Jun
20
37%
Jan
71 ¥a July
66
•
-No par
preferred^—-——
100
5%
2044 Aug 30
744 Feb
preferred—:——100
conv
Inter* Rys of Cent Am_
par
39 % Jan
13
47
Aug 28
39
July
International Shoe
No par
International Silver™—.—.—50
35'% Jan
13
43
5
28
Jan
3844 July
5644 Jan
3
3
36
Jan
60
102%
Jan
115
6 ¥2
Jan
Salt™——No
15
29
12
20'% Aug
3
19
20'% July 10
9 ¥4
19'% July 17
10'%
Jan
Jan
6
45
27% Jan
17
July 27
143'% Oct
135
9
Dec
16 T% May
183%
Sep
18
Jun
324%
Apr
145%
18 ¥4 Jun. 16
Jan
9 ¥2
Jun
16% July
Jan
3
22
21
112
Oct
27
99% Mar
84% Feb
15
101
Oct
16
70
Jan
—„12'%
31%. Oct
30
3444 Sep
25
A-U.-—-100
2nd preferred ser
107% Sep
29
108 % Oct
7
78
•
90
stamped—100
—No par
5% pref series A——
100
"'5% pref series B conv——100
Joy Mfg Co
L
1
RR
Chicago
Jan
13 % Jan
& Johnson-i
&
6%
Apr
July
16% May
Jan
4
27
Apr
10744 Jan
Co
1
No par
preferred-.
_
-100
Johns Manville Corp™——No par
4%
2
138'% Jan
4 74%
May
95
3
Jan
5
6 6 ¥2 Jan
4
10% Jan
14
16% Apr
27
58
26
38% Aug 28
8
20% Jan
Laughlln Steel
Jones &
Jan
Oct 19
44
'
Jewel Tea Co Inc
Johnson
Apr
15
135
3
12
1144 Jan
Sep
88'% Oct
1944 Aug
(W B)
Jarvis
Feb
11% Jan
117
preferred-—100
Intern'l Telep & Teleg——No par
Foreign share ctfs
—No par
Interstate Dppt Stores——No par
Intertype Corp——™—;—No par
Island Creek Coal--—.—.—!
$6 preferred—
——1
Joliet
74
*73'%
Feb
6
Jan
470
11.500
8244,
73%
*16%
500
2444
24'%
24%
73%
,
2,900
87
32'%
*95
16%
100
11344
*110
32 V4
83%
16%
300
39
39
35 ¥2
73%
83
.1.300
18
96 ¥2
96%
*32
24%
*73%
2,100
18
*142%
11344
*110
32
24,100
17
17
17%
35 >4
96%
*72%
294a Mar
Jan
7%
16% '
39%
*17
113%
100
17
18
35%
32
73%
Jan
4'%
3
International
*17%
17%
*142%
96
*72%
22'%
3
19,000
,1744
16%
%
17
*17%
31%
24%
6
16'% Aug 23
25 ¥4 Jan
46
Jan
Int Nickel of
135'/a
96%
24 '/a
28% July
10% Jan
International
*120
3114
24%
Jun
4
4
—100
14,300
> 210
86'%
95%
24
Jun
15% Apr
190
*85
96%
...
2%
10%
Indianapolis Power & Lt_—No par
3,700
V*
Apr
Jan
Jan
Central RE Co-———100
6% preferred series A
Leased lines 4%
Int
200
July
7%
82
,
Nov
9 ¥t
4144
Jan
4'%
6744 Apr 25
85
,'84 %
68 ¥s
30'%
5
181
800
59'% Aug
3% Jan
8
37T4 July 10
29
10
Mar
21
1547/8 Feb
89
9'%,
105
I'¬ July
ll % July
574% July
114
July
Jan
1
13'% July
4
RR See ctfs series
45
Jan
944
70'% July 11
3
No par
600
36'%
,424% Sep
Jan
30% Feb
International
20 ¥4
86
31%
.
135
*85
96
Sep
Aug
Jan
.
44
3
3
46
17%
114
Apr
117
19
Feb
27
4144
31%
24%
'
>1944
''8844
*44 %
35
3
Jun
7'% Feb
6% Jan
1,100
*41%
17%
*110
112
112
112
'
Jan
63
1% Jan
9,800
>'
30
46
32
105
.
42'%
97%
108
135
v
84
84
*31%
24%
29T it
*414a
*39
108
8'/4 Feb
4,500
5 Va
4%
5
*44%
*142%
*142%,
-
.
17%
44 Oct
6% Jan
v
139%
16%
69
17
Jun
1844 Aug 23
22% Mar
>
78'%
86%
*120
45
3
par
,r;
18
17%
17
1
3
Jan
par
670
34a
7%
:,. May
13% Jan
-No par
4,000
42
*84%
42
54
Interlake Iron——No par
•
,
46
*96
*95
78%
135
135
83
42
■'
Intercont'l Rubber—-
700
77%
.,.*77
30 '/a
30
3014
*17%.
is
17
*110%
108
-
*4%
135
83
31
2,800
/
'
*16%
34%
34%
*1101'2
■
;
*39
39 7%
39%
*142%
17%
*17%
18
*1774
34%
77%
3
17%
*77
4%
*44%
46
477/8 July 13
1,900
17444 '
xl 73
344
17%
18%
179
77'%.;
9%
42%
34%
34 a
89'/4
9%
82%
85
17%
77%
17444, 175 >
3%
7*9%
4
-No
220
109%
*176
178
77'! a
*9%
*44%
39%
*175%
77%
88%
*42%
39%
174
9%
46
142%
844
89%
19%
89%
9 %
4244
18
8%
89
19%
*44%
*17%
8%
19%
*4144
16%
8%
19%
46
86%
9
19%
42%
139 %
8
9
19%
*44Tii
*84%
8
134%
*42
*120
37
*36
109%
135%
88%
Jan
17% July
12% Sep
28
Interchemical
7%
,
39
Inspiration Cons Copper——20
Insuranshar^s Ctfs Inc————1
37
4%
115
244 Jun
400
110
30
3
10% Jun
300
7%
77%
23
li
1,600
109%
3%
Oct
Apr
12
8'%
*36 74
77%
19
117
Jan
Jan
1044
;
7
1% Jan
8%
8 Ve
28 44
6
1044
9
>900
•
82
'
84
857%
77%
5
30
97%
9'/%
74
:.
5
197%
7%
X109V4
700
4044 July
3
ioo
10%
1047
:
*8%
36%
18
Iff
89
887%
*94-t
3%
134%
*134%', 1357%
135%
887%
,
.
30%
29%
30 74
30
*1347%
77%
777%
5
100
109'%
Jan
<
254% July
-
100
Manhattan
non-cum
Illinois
Jan
2
par
83%
174% 175
175
17%
17
7774
.
77%
3%
3%
'■
2,200
,
105
109%
174
175
175
175
17
5 7%
5
77%
36'%
36
'
77%
&
5
21 ¥4 Nov
preferred-No
Hud Bay Min & Sm Ltd—.
5%
150
900
109%
8%
17312
34%
3 74
8%
Co..., .No
47'% Sep
10
July
Aug
214% May
16 ¥4
July 11
13
par
•
Houston Light & Power
23 '%
71
118
Jan
Oct
:•
Household Finance— -No par
5%
preferred—— -W-100
82
9
*36
:
109%
103 %
78
175
175
3 74
-
175
*174
:.
77 74
77%
174%
36
35
7%
*744
13%
19
7%
36
36
110.
*35%
.
9
*87%
-No
..
*162'%
10%
838
83 74
B_>,
Class
Jan
Jan
Dec
Jun
136'% Aug
'
14'%
13'% Jan
Honiestake
1,200
*104'%
10944
.^-12.50
Mining-—.4Houdaill-e-Hershey cl *A_— —No par
49
100
Apr
Aug
¥4
87
Jan
Dec
73
July 17
123% Sep
6
; 25 ¥2 Aug 31
2
73
128
115
par
29
19
13% Jan
—100
83
83 %
.
36%
105
-No
Holly Sugar Corp—
7 % preferred
172
Jan
1244
71
Jan
152
Jan
Mar 10
Jun
20'% Jan 21
36'% Mar 4
fc
—
*162%
*162%
'
83
9
1844
36%
*162 %
•
*1344
109
Hollander & Sons :(A)
1,100
67%
14
*104%
10814
10874
108%
40'%
19
37
3
Idaho Power,Co———
11,200
,
168
27
1,400
3944
*13%
109
Jan
Apr
19% Feb
Hupp Motor Car Corp.——
16%
*18%
105
63
114
5,600
30%
134
-100
Hudson Motor Car.—
16%
,'
89
18
preferred—i——-No par
Hlnde & Dauch Paper Co——10
Hires Co (C E) The—
1
Holland Furnace (Del);—10
3,200
30'%
30'%
67%
36%
800
24
Hershey Chocolate,————No par
preferred——
56%"
3
Jan
conv
""
25
Apr
$4
110 ¥2 July
Nov
75
6%
63'% Jan
27% Feb
128
Hercules Powder———No
34% May
22'% July 10
25
6
par
No par
Motors.——
IV* Jan
75% Feb
24
Hercules
17
30
108% Oct 25
Mar 11
160
.
10 ¥4 May
9% Oct
14
20'% Apr
4'/a
4
4%
6344 Jan
——.
Highest
f per share
'
Deo
6
8'% Sep
Mar 13
20'% Sep
-25
preferred———100
1444-
68
67
*104%'
37
104%
*16274
67;
104%
36%
104 ¥2
*87%
40
64%
36%
109
30%
16%
64%
*104%
*162 74
30%
1614
39%
36%
1444
:
Wl
non-cum.
Hudson
100
27%
14%
4
99
Houston Oil of Texas v t c_ —25
—5
Howe Sound Co—
9
*8%
14
¥
28
2,400
144
*27'%
4%
28
2'% Jan
1,400
34
1%
9
14%
39%
104'%
36%
*104
33%
,
27 Ta
4%
13%
19
19
17,,900
4 7%
38%
*13%
14
4a
*8%
*27%
647%
647%
19
914
39
*38%
11 ¥2
1%
27%
14
'60
11 Va
334a
19
*38'/a
*13
:
200
70
109
U
30%
4
200
1,000
1%
Co
SVa Apr
t———™-li¥
(G
7%
1,400
68'%
32%
27%
1474
14 7%
14%
4'/%
14%
10%
*8%.
.
274%
;
43 7/s
6744
144
1%,
5',900
16 Ta
109
10
67%
*67
32%
32%
9
*84a
27 .4a
9 Va
27%
30
'■
;
4144
*69%
110
*109
6734
1,800
116'%
16%
69 V2
69 %
.
110
*109
*66%
•
10 T%
*27%
70
*69 V4,
70
110
109
66 T%
' 200
2,500
;/1,500
*43'%
16%
,
.
17%
a
41 ¥4
43%
16%
; 100
21 ¥4
17 7
41% :
*43%
,
44'%
116'%
41%
1644
l
*141.4
17%
.200
...
22%,
'21
*116
42'%
*69
68
10 3
17%
17%
177%
*116
■
437%
*109
69'%
110
*67
21
42
164%
164%
*109
19
42
44
164a
■
44
*43
42.1/4
41%
*43
—.
24'%
*22%
22%
44
19
*18%
174%
•'
*116
■'
•
19
174%
174%
17%
*116
*116
*18
>:
44'%
22%
44%
44
44
*23 ¥.
24%
■•>100
71
122
122
22%
*22%
2244
44
19
*18
18'%
18
•
*23%
24%
*23%
24 74
Co,
Helme
120
130
*69 V4
71
121
121
121
*127
130
*69%
71
*69 7%
*119
121
*128
132%
*130
6944
*119
*119
122
*24%
6944
71
*69'%
131
131
131
131
7144
*70
*119
Hecht
—
Glass
Hazel-Atlas
70
168
168
168
*166
168
*164
168
*164.
Mfg Corp
'
*70
168
1
-.2
25
Hayes Industries Inc
Hayes
$ per share
$ per share
$ per share
Par
^
1
1,400
7¥a
,*164
*164
■
5,400
X9
108
107%
20%
•.'
,
9V4
7%
108
71 ¥2
73
not%
9 %
714
»/4''
7
"108
20%
73
*70
714
20%
108
108
20%
108
108%
7¥o
74%.
7'%
73%
108 3a
Shares
Year 1943
/Lowest
Lowest
EXCHANGE
the Week
5 p*r share
$ per share
9%
7%
9
9
9
9
Nov. 3
Nov. 2
Range since January 1
Highest
NEW YORK STOCK
Sales for
Friday
Thursday
p«r share
i
I per share
share
9
9
8%
Nov. 1
AND HIGH SALE
Oct. 80
Oct. 28
Range for Previous
STOCKS
PRICES
Wednesday
Oct. 81
LOW
Monday
Saturday
Monday, November 6,-1944
CHRONICLE
THE COMMERCIAL & FINANCIAL
1978
Oct
87
18
Aug
79
Aug
Jan
26%
Apr
Nov
65
Apr
Dec
82
13
21 % Aug
Sep,
64%
July lo
17% Oct
July
92'%
19 ¥a
31
74
34
109% Aug
54
May 25
27 ¥4 July 10
,
Feb
Apr
1244 Jurr
8% Jan
K
20
*120
*120
*19%
20
20
9%
~9%
9%
10 %
31
30%
30%
*30
31%
30%
30%
*17%
18
*17%
17%
*17%
17%
*17%
17%
*24
24%
24
24
*24
24%
24%
24
23%
24
10
*23%
9%
24
18
*17%
18
17%
115
*113%
115
*113%
*17%
*112
24%
*17%
115
34%
34%
34%
3414
34%
23 %
23%
*23%
23%
2314
23%
*23
36 %
37%
36
36%
36
1 %
5
%
37%
36%
1 l'u
13
6V4
%
*6
r
6
6
*71
Tb
18
'
%
6
71%
72%
72
7244
25%
25%
25%
25%
*914
10
*9%
36%
36%
36 %
3614
37
37
3644
37
87
29
29
29
29
*28%
29%
41 %
*41%
12%
12%
*9 %
*357a
36%
36%
*28%
*28
104a
87
29
29%
■
18
18
34 %
*113'%
35 ¥2
36%
36 ¥2
36'%
1%
*6'/a
73%
73%
25 %
26
18,000
23'%
*23
23 ¥2
*23
115
35 ¥a
35 ¥4
10%
*86
28%
*28
400
17%
17%
115
~6%
10
300
4.100
.37
7.300
644
,
'150
74
74
26 ¥2
10
100
600
2.700
97/a
9%
36
36%
36%
36 ¥2
36'%
36%
36%
37
37
37
10%
9%
87%
86 ¥2
86 ¥2
28%
28 %
28 ¥4
*28
29»%
41%
41%
4144
414«
41%
41
1214
12%
12%
'124«
Xll%
12
%
10
29
450
200
29
*85'%
800
''200
29 ¥2
*28
41
3,300
87'%
10
12%
800
26 ¥e
■
*944
...
29%'
300
'600
42
800
12
¥2'
11%
10,200
•
29
28
*28%
29
*28%
29 %
*124%
125%
6124%
125%
*124%
125%
4%
4%
4%
4%
4%
5%
1%
1%
1%
1%
29
*124%
29
125
*5
29
29'%
43i
*1241%
12444
5
*5
500
29'%
124 ¥2
29
124 ¥2
5 %
>
5 ¥a
20
3,200
*1%
1%
1%
*1%
1 Ta
144
1%
1,300
2614
26%
26
26%
26
26%
*26
26%
26 %
26%.
26',4
26'%
3,400
35%
34%
35
34
34 %
34
34%
34
34 %
*34%
35V4
1,400
20 %
20%
*20%
20%
*20 "a
20%
20%
20%
*20%
20 ¥2
20%
20'%
.400
49%
40'
4914
49%
4914
49%
49 %•
49 7%
49 %
494 i
49%
50
1,700
*35
144
51%
51%
51%
51%
51%
51%
51%
7%
7%
7:%
7%
7 Va
7-%
7%
4814
4814
*2912
45%
*39%
For
31
>180
51 ¥4
•
5144
51%
.7%
7%
7'%
(Julius)
Class
.
Kroger Grocery &
Lambert Co
Lane
Bryant
-2.—
& Tlre__——
Lehigh
4%
conv
preferred—*.
Glass—
Libby—
Libby McNeill &
200
Life Savers Corp—
77%
7744
78
78
500
Liggett & Myers
79%
80
80
79'%
80
3,100
181%
180
180 %
181%
*29%.
31
*180
*30
31
*30
3.1
180%
*30
45%
4514
45%
45 "2
4544
45%
45%
45 %
40
39 %
40
39-%.
40
39%
394a
X39¥»
footnotes see page
1933.
180%
31
464a
39'%.
180'%
30
*4544
,39
47 '/a
180'%
100
30
46
39
60
•
—100
—250
77
.
par
par
:
5
Valley RR———
No var
Lehigh Valley Coal—
—50
6% conv preferred
Lehman Corp (The)
—
——5
Lehn & Fink Prod Corp—
—No par
Lerner Stores Corp-,—Lehigh
77
47 Va
.No
—No
Navigation Co—,10
Portland Cement-. —2—-25
79
47'%
100
Lee Rubber
79%.
*46
100
Lehigh Coal &
78
47%
Bak
(The)——
47%
*45%
—No par
Jan
Oct
3
25
Jan
144 Oct 21
.
•
Lily Tulip Cup Corp—,,
Lima Locomotive Wks—„—
1,717
Link
'
""i%
Ja"h
3
343/4
Jan
Feb
11
26'% Oct
17
18%
25
10'% Oct
7
244
36% Sep
1
23 Va
Jan
31 ¥2 Jan
4
37
Oct
24
24%
Feb
Jan
17
9%
Jan
•
Ja n
4
•
9 ¥4 Jun
Jan
26
Apr
17% Jan
58% July5
24'/4 Sep
'
!
•
?
104%
Apr
32 ¥4 Sep
3244 Nov
164% May
3
13
14
104
May 31
35
Jan
73
July 12
17%
Jan
29 44
Jun
1944
Jun
17
30
19
2 9 44 Oct
19
11%
Jan
24
44% Jun
26
26 ¥2
Jan
12% Oct
5
38
Apr
8
Jan
3
21
Apr
26
Jan
7
4 ¥4 Jan
3
IV4 Jan
29
15% Feb
4
113
July
t': 6"3% July4
Jan
.644 Jan
62
Apr
20'% July
34
1
7
27% Jan
22
July
5
125 ¥2 July
6
7'% Mar 21
31
2'% Jun
29% Jan
4
18 ¥4 Jan
5
217% Jun
21
Oct
19
68 ¥4
Jan
3
83¥4 Jun
27
13
86¥2 Jun
26
36
Apr
25
37
Jan
6
Jan
2044
24
Jan
32
144%
Jan
227/a
Jun
Dec
Jan
53 % Aug 21
48'% Oct
18144 Jun
27
Jun
11%
Jan
67'% Jan
par
2 ¥2
5
25
par
8 ¥4 May
30
8
No
July
if Jan
28
24
Jan
No
120
Jan
8'% July 20
6% Apr
8
Jan
25%
43i%
39
3
107'%
384%
3
263% Feb
Dec
July
Jan
Jan
174'% Jan
9
29
23% Jan
Feb 14
Oct
Dec
31
52
36 %
42
par
39 ¥2
Oct'
Jan
8'%
20
30
28'% July 19
36'% Oct 19
100
1,800
35%
Jan
Nov
7% July
74
25
-No
Jan
15%
—
Tobacco-
102
28%
par
7
——
Belt Co'
8
14
8
-No
Series B
Preferred
May
18
42
preferred—
5%
*76
79%
115
7>
Laclede Gas Lt Co_.
*46
79
164% May
113
Apr
Oct
54'% Jan 28
Sep
Jan
4
>
Sep.
87%
35% Oct
17
Apr
;
17
29
9
27
2944
17
•
24% May
19'/4 Jan
% Oct
Feb
Jan
■i'
Jan
Jan
31 ¥2 Mar
3
Dec
7¥a
11 ¥4
Apr
14%
-No par
Kimberly-Clark Corp
Rights———
Kinney (G R) Co—2—— ——A
-No par
! $5 prior preferred
—
10
Kresge ,(S S) Co—
Kresge Dept Stores™,—.—
—No par
Kress (SH) & Co—
19
20
Sep
Aug
104%
29
23 ¥2
par
19%
,127
19%- Jun
26
May 18
29 44 Jun
Dec
5 ¥4. Jan
2444 Jun
-No
Libbey Owens Ford
•
111
Jan
121
:
Aug 31
1744 Oct
x2G
Jan 25
13% Jan
Keystone Steel & Wire Co...
2,000
7%
4
*12%
Feb 25
14'% Mar 28
39 % Mar 11
4
19
.,20
B——
124
**
3
Jan
17
Kendall Co $6 pt pfd A—. -No par
Kennecott Copper—— —No par
8,400
52
Oct 24
13'% Feb
—1
A,
,
19% Jan
;
5
cl
.
6'%'Jan
3
& Co——
Keisey Hayes Wh'i conv
77%
77:%
*78%
180
180
7%
120
preferred— —100
pept Stores—.
48
*47
77%
79%.
77%
*79
51%
•
%
non-cum
Kayser
■
42
12
V..
24'%
23%
24 ¥4
*24
25%
36 4a
*10
25%
73 %
36
87
28%
28%
41%
10
*36%
10%
*944
86%
*24'%
4%
Kaufmann
%
25%
10
10%
24%
6 Va
72
26
88
2444
..
Kansas
'' 500
17%
36%
1-44
*9%
9%
3144
*17'%
*113%
23%
6
71%
86%
*3044
17 ¥2
34%
344%
26
.
31
18
*113%
17%
115
34 '2
3.000
10'%
10
10%
10
31
Furn™,™—10
& L of ser B_. —No par
City Southern—_. —No par
Kalamazoo Stove &
Kan City P
*17%
24%,
*24
24
500
*120
*120
*30
*9%
20
20
.
*120
*120
:
,
62
62 ¥4
171
.
Dec
Nov
84%
Jun
July
Dec
Jun
41
July
71
July
73 ¥2
Jun
Dec
182'% Aug
*31% July 10
4744 Oct 13
22 7%
Jan
28.44 May
24
Jan
44
May
27
34 V*
Jan
43
July
42% Jun
1979
a
COMMERCIAL & FINANCIAL CHRONICLE
THE
Number 4331
.Volume 160
NEW YORK STOCK RECORD
Tuesday
Oct. 31
Oct. 30
Oct. 28
*
$ per snare
9
per snire
18%
19
*18
18%
*18Vs
:
18 Va
26%
26%
267b
26%
26
26
20%
26
20%
22%
22
22%
217b
227b
21%
217/a
2174
65%
65
65
65%
65%
64 Va
65
65 Va
64%
48%
48%
48%
48%
48 %V
48%
48
48 Va
48%
48%
48%
11%
12
11%
.11% '
1174
38
38%
-38%
38 %
38
37%
37%
3774
37%
11%
38%
12%
11%
11%
12
11%
48'/2
18%
26%
20%
65
*6474
18%
*26%
2iy4
21
19
19
19%
18%
19 Va
19
19
18%
19 Vav
18%
*161%
163
11%
•
37%
*37
:
19 '
19
*161% 163
88
*87'/a
88%
88%
*22%
657b
"
1627-1
16274
*22 7b
23'4
*22 Va
23
74;
*22 7b
88%
88 74
■.
,
%(
,
■
*88 %, 1 89 Va
*88%
8974
89 Va
*28%
29
14
Long Bell Lumber A
Loose-Wiles Biscuit-,
1,800
Lorillard
217b
Jun
13
29
July 11
2274 Nov
1
15 7b
7
58
1
68 74 Julys 10
42
%
Jan
64 7b
July
par
4074 Feb 24
527b July 10
37%
Jan
5174
Jan
<P)
28
12% Oct
3
8% Jan
„No par
25
15T
preferred—.,.—
-No par
207a Jan
12
Louisville & Nashville.
.—100
6974 Jan
3
600
MacAndrews
Oct
1487b v Jan
Oct
Jun
163% July
Sep
6
24% Oct
5
Louisville Gas & El A_
Jan
16%
31
21V2
a
4
1574
Jan
22% July
90% Mar 17
Jan
100
1174 May
67b Nov
18 7
1
207b July 13
163
25% Mar
127b Nov
19
38 % Nov'
3
Jan
177a Apr 29
-10
Co_.—
May
500
1%
Jan
1974 Jan
147b Jun
par
100
330'
v
2174 July
-No
Corp_
Lone Star Cement
1,200-
8974;
share
Jan
par
-1
Loew's Inc
1,300
23%
Highest
f per
12%
22% May 17
-No
Lockheed Aircraft Corp_.
2,000
1
share
$ per share
share
-NO
Liquid Carbonic Corp___
800
26,200-
$ per
Sep
18
-No par
Refining Co_»„.
Lion Oil
6,300
•-'..;
163
163
162 74''
162%
23%
163
163
'
■•
23
23
23%
"23
18
18%
'
$ per
Par
800
1874
Lowest
Lowest
Shares
I per share
per share
5
Year 1948
Range since January 1
Highest
STOCK
YORK
EXCHANGE
Jhe Week
26%
18
*281/4
"■
Nov. 3
Nov. 2
NEW
Sales for
Friday
Thursday
S per snare
per snare
Range for Previous
STOCKS
PRICES
Wednesday
Nov. 1
AND HIGH SALE
LOW
Monday
Saturday
5974
Jan
79
July
29
May
M
29%
29
%
29
149%
*140
149%
*142
29%
•
29%
*29
29
29
42%
42%
42%
42%
42
42 Va
149%
43 Va
42%
29%
29%
29%
29%'
29%
29%
29%
297b
*106%
106%
*106%
1067b
18%
*16%
*140
149%
*140
16
450
13%
*3%
3%
7%
;
7%
17%
17%
17
17%
18 %
18%
18
18%
19%
19%
1.9%
19%
10%
10%
'10%
10%
21%
*172
9%
40%
417b'
*26
178
*175
175 Va,
62%
62%
9%
9%
97b
97 a
28%
112%
28%
*111
29%
30%
3074
18%
*18%
18%
18%
53%
*51%
52 %
27%
104 Va
27%
27%
27%
90
89%
89%
37
37
*36 %
*32%
1.100
90
90
90
90
89
37
37
367b
37
13
'
3774
*30 7b
7
13
13
51%
51%
35
35%
36%
37
34%
347b
34%
34%
13%
50
•
35
*34 V#
;
*32%
35
34%
,
5174
1,200
.34%
3474:
1,000
25%
35
35%
25%
35
*24%
*142%
143
142%
53
50%
50%
*41%
42
41%
42
*109
*110%
113
*110%
*107%
110
*107%
110
8
7%
8
108%
13%
13%
13%
1%
1%
1%
108
1
2%;.':
*2%
2%
2%
137a
2%
2%
*36
36%
36
36
35%
35%
*22%
23%
22%
22%
*22%
2374
86%
*85
86
87%
*86
86
,
*117
120
*108%
110
*116
119
120
117%
117%
*116%
120
*1167b
120
*108%
109 74 V
*
10974 10974
1097b
21
21%
21%
21%
32%
32%
32
1
98%
98%
*21%
22
82%'
82%
12%
12%
*51%
54
52
5274
627 b
38%
38%
*38 7b
29%;.
28
28%
28
283/8
287b
2874,
2i
2ivb
20%
20%
207b
207b
21%
21%
2174
2174
21%
32
32%
32%
32
32%
10
10 /
2,000
9874
230
21 'h
21%
21%
217
31%
32
32
21 Va
9%
'
•
97%
9874
9%
98
22
21%
*97
,
22
82%
82%
82%
*21
*11274
113
13
12%
12%
12%
12%
54
51%
51%
51
-
53%
200
Sep
29
6
8%
Jan
16% May
6
38%
Jan
507b
Apr
14 Va
Jan
257b
Jun
6%
Jan
11%
Sep
6
9
13% Oct
14
14
10874 Oct
31
197b July 20
Jan
1074
Apr
8
6774
Jan
89
Feb
Oct
6
60
Jan
787b
Sep
8
27
Feb
34% July
Jan
1274 July
Jan
42
127b Sep 25
37% July
4%
7b Jan
4
15 7b July 11
Jan
4
52% Aug 22
25
Mar
l
39
Sep
22% Mar
3
Aug 10
Oct
2
23%
36
26
Jan
347b
Apr
5
574
Jan
97b
Apr
Jan
8%
6
July
,'
July
Apr 25
23% Sep 14
2874 July 10
18%
Jan
307a
277b Jan
13
39
Jan
31%
4
Aug 23
14 4 74 Oct 16
20 Va
116% Jan
106 l/s
Jan
128
July
4
5874 May 29
Apr
46:
Apr
1474 Nov.
12% Oct
26
174 Oct
27
36% Apr
26
Sep
Jun
13
111
Oct,23
107
Feb
110
112
Mar 17
107
Nov
113 V2
Feb
10874 Jun
5
974 Oct
5
3
Jan
"8%
Jun
Mar 13
105
Sep 28
6% Jan
19
937b Jan
13
111
Jim" 30
6474
1774 Feb
5
23
7bJuly 10
13%
274 Jan
3
8
7b Jan
3
167b July
8
37b
Jan
117b
Jan
3
39 Va Jun
26
17%
Jan
3074
Not
Oct
78
%
%
*%
%
17
1974 Sep
74 74 Apr
25
7
98
25
Jan
Dec"
75%
July
July
37b Mar
24
113
Dec
119
Mar
119% Sep
7
116%
Dec
121
Apr
Aug 29
5374 Oct
6
106 Va
Nov
114% Aug
33%
Jan
3
114 7b May
17
113
5
41% Apr 26
35 s/b Jan 11
50
Jan
39%
30
July 15
247b Jun 27
13
Jan
277b
15%
15%
15%
157b
15%
15%
157b
32%
33
33 Va
3274
34
3274
33%
32 Va
180
32 %
32%
32%
19%
19 7b
19%
19
19%
19
19 V«
2.700
974
20,400
18 %
19
18%
19
*10%
10%
10
10%
9%
*11%
11%
11
11%
10%
11%
13%
13%
13%
13%
137 a
14
13%
23%,
24 Va
2*374
1!)
;
23%
24
237-1
24
9%
11
10%
10%
14%
14 Va
14 7b
14
14
24%
10%
178
23%
24
2374
24 Va
17874
178%
178%
178%
180%
1807/2
20%
*19 V4
20 %
*19%
20 74
13 Va
13
13%
13
13 7 b
13
13 7
13%
33%,
33
33
32%
33
3274
2074
20%
97b
Jan
17
Jun
7
23
11 Va
Jan
187b
Apr
267b Apr
19
4
21%
Jan
31
4 7b Jan
274
Jan
4
/
72
Oct
42
July 10
Mar.
33 % Jun
28
10% Oct
11
Jan
7
Jun
Oct
17
53
Jan
77
Jun
3
15
Jan
237b
Jun
j;
83
Sep
'■)'
100
Aug 12
70
May 24
3
62
Apr
Oct
26
11674 Feb 24
111
July
87b Jan
3
147b Aug 24
43 % Jan
5
5374 Oct
6
% Jan
111
Nov
79%
117
Aug
11% July
|
34 Va
Jan
44
i
10
74
Nov
174
Feb
5
67b
Jan
15 Va
Jun
37% July 20
23 %
Jan
4074
13
*32 7b
20%
207b
13
137b
32%
„
32%
Feb
.11%
11%
11%
11%
11%
13%
13%
13%
13%
137b
1374
13%
137b
137b .,137b
23%
23%
23%
237 b
2374
24
24 Va
24%
24 74
24Va
18
18
17%
17%
18%
*11%
12
-
*11%
11%
11%
357b
34%
35%
*U%
35
35%
35%
*34%
35%
*34%
35
*34 %
35
*34%;
13%
12%
13
12%
13
127b
101
101%
101
24%
•*.175%'.' 1777b/
*149%
23%
24%
33
33
178
149%
1497a
*17%
;
6%
6%
65%
65%
*
17 Va
177.
*
152%.
33%
21
64%
6%
65%
."
674.
6%
6%
65%
13%
13%
13%
13%
13%
25%
25 Va
25%
86
86%
86%
86%
91
91
91
*9%
10%
10
10
10
10%
10%
10%
10%
10%
10%
107b
16
*15%
16
30%
16
*29%
30%
105 74
*105%
68
*66
108%
*108
*66
108
105%
68
108
25%
*15%
108
30%
31%
3074
17%
17
17 Va
17
16%
For
16%
*107
16%
112
footnotes see page 1983.
16%
*10.7
*90%
■
*66
'
4,500
137a
1374
3,400
25 74
25%
2,100
#87
86'A
8674
87%
640
92
*90 7b
92
90%
90%
70
11%
11
11%
12,000
'
11%
157b
32
105%
68
10%
10%
1074
10%
4,400
.15%
1574
1574
700
32
200
105 Va
*6674
30%
31
17
17
17
16%
16%
108 Va
31
"
1674
*107
6 6 7b
108
..
17
1674
112
*104
*
68
108
108
307b
*317b
32
*31
*104
*106%
1087b
.
157b
v
17%
16%
64i%
74
17,100
87%
30%.
112
64
-
108 %
108
.
.
7 7b
7
105'%
40
63
108
f
80
Jan
10%
Sep
Jan
29%
Dec
!
Jun
$
Nov
13% Aug
/,
147b Oct
14
9%
Jan
1474 May
'!
257b Oct
19
145/e
Jan
6%
Jan
21% juiy
157b Sep
-.No par
6%!
preferred—
xl 1% Feb
i
preferred.!.
__100
National Tea Co
—No par
Natomas Co
No pai
Nehi Corp—.:
—^
No pai
Neisner Bros Inc.——2
1,
474% conv serial preferred—100
Newberry Co (J 3)-.—
No par
6% * prior
Aug
5
12
Mar 15
3
37% May 24
26
Jan
25
9
Feb
5
36
preferred series
A——100
Newmont Mining Corp
900
Newport Industries..
2,400
Newport News Ship & Dry
$5 conv
pieferred
—10
1
Dock—1
No par
Oct
9% Mar
12
Dec
*25%
Jan
36
17%
24
Jan
29%
Dec
:
Sep
Jan
11%
Jun
j:
70%
Jan
907b
Nov
!|
14
Jan
207b
Deo
j'
July
6
5
30
19
Jan
7
25% Jun 27
164
Feb
25
179% Aug 21
160
Jan
178 %
188
1527b Sep
13
137
Jan
150
Jun
May
141
Jan
.
XlG% Sep
14
2274 July 17
177b Apr
19
5
23
Jun
27
147b
Jan
22
287b Apr
34
Jun
28
27
Nov
36
5% Feb
7
Oct
18
*
7 74
July 20
Jan
Jan
7%
Jun
Jan
64 Va
July
574
Jan
157b May
27b
52
577b Feb
70
1174 Feb
.
5
4
1774 July 10
Sep
16
30% Mar 16
14%
Jan
287b
Jun
7974 Feb
4
89 % Aug
18
57
Jan
8074
Jun
62
Jan
88
Jun
25
83'% Jan
6
93% July
7
57b Jan
3
1174 Nov
2
9
Mar
4
11 %
3
1874 July 11
—
5%
Oct
3
147b July
102
87% Jan. 11
conv
preferrjftd A—
Z__100
6% preferred B.——
—.100',
National Linen Service Corp.—'-1
Nat Mall & SvT Cast Co
No par
National Oil Produqts Co.———4.
National Power & Lt___
No par
National Steel Corp
2
25
National Supply <The) Pa—.—10$2 conv preferred—
—40
5 % % prior conv preferred—10
20
30% Feb
1
29
11% Jan
Staxnning-^—No par
3
13% Jan
———..10
-I
11
19Vb Jan
*
Products——No par
4,000
200
Nov
5%
1074
1774
167b
1674
177b Apr, 18
19
21%
*j
2374 Aug 21:
3174
112
Sep
14
177b
16 74
July
176
Sep
*3074
*107
23
Jan
X10
1%
;
1.800
200
Jan
33% Aug 31
preferred—/—No par
National Lead Co—;
——10
10
13%
10 %
10574
105%
18 v
17 %
2074 '.21. 1 '
33%
Jan
18
$4.50
-
5.70Q
25%
13%
117b
157b
1521%
8Va
July
13% July
Apr
Nat.Enam &
440
•!.
,7
162
31.
207b Jun
3
Mar
12 Va
26
National Gypsum CO——
4,200
;
17
18
•
Feb
1574
20
Apr
1174 July
8 >4
18
197 b
Jan
No par
Nat Distillers
70
•
*32%
64%
64%
;
13.500
257b
10%
*30%
*
7%,
7 7b
yyXVa "
178
*149%
20% •20%
33% .t33 Va
'
24 74
2374
18
*17%
a
107b
>
•
31
68
87
*
16
•
*66
31Va
108
86%
31
105%
25%
92
*90%
*17 V?'
16%
■
86%
■;
*30%
108
21'...,
33%"
85
13% ,13'7b
25 % ' f 25 %
6434
65%'
■
13%
*29%
.
*32 7b
34
*32%
18
*17%
18
21
20%
;
25%
*90%
152%
'
137b
177%
2.100
351/2
102—
102
•177:',:
*149%
:,
1
Feb
874 Jan
165
.—100
Apr
Dec
187b
National Dept Stores.
%
35%
13%
24% >24%
"
6%
*34%
13%
102
;
177
178
1497b
.
'
18
21
*32%
102
V-24% /. 247b :
177% 177%
152%
21
%
24%
*149%
"
18
21
101%
24
24 Va
*177
152%
*17%
*20%
*101%
102
35%
*34V4
%
12
345/«
34% '
/137b
102
1017b
18
*1174
12
34%
:
137b
18%
18%
*11%
35
■
357b
13%
*18
12
34 Va
12
*11%
12
18%
18%"
18%
14% Oct
247b Oct
1807b Oct
j
'
13% July 12
4
r
j!
Container..—/———1
National Cylinder Gas Co.
1
Nat Dairy Products——'...No par
8.500
11%
11 %
2
9% Jan
National
2.600
13%
23%
.1—
8
*.
5%
1
Jan
20% May 18
10
& Share
197b Aug
13 Vt July 10
10 7b Nov
No par
Bond
5
3
•
2.400 v
13%
preferred
Corp
Nat
1.500
.32%
7%
National Can Corp——
Nat Cash Register-.—:..
400,
4.90P
23
11%
11%
/
400
180
*176
13%
13
11%
2,500
15.500
17% July
24
Jan
9
j
Jan
13% Jan
28
Co—
Acme
.
5%
1
fs Mar 30
11% Apr
,i
■
24% July
20
—.1
Nat Automotive F.bres Inc.———1
8% conv preferred
—.10
National Aviation Corp—
5
National Biscuit Co—10
National
2.800
11
1074
20%
20%
a
..
178
*176
33
33
:
974
9%
>19%
*174
-
10
9%
10
„
/
Jun
3
Liquidating Co.—
No par
Nash-Kelvinator Corp
-5
Nashville Chatt & St. Louis..—100
9.400
15%
1574
15%
15%
15%
*31%
|
.■
Oct
31%
11
1674 Jan
No par
,
j
:
July
21% Jan
15'% Jan
-Wheel Corp
I
Jun
92%
9
Jan
117
107% Jan
Jan
Jan.
74
5
88% Oct
25
11174 May 22
Nabco
100
%
*%
-!
Apr
29
,
47b July
N
"
*5/r
%
1
3
Oct
10874 May 22
•,,
I
.
1% Oct, 26
44
107
preferred—
——10Q
Murray Corp of America—
10
Myers (F E) & .Bro—.—No par
4.800
Sep
Oct
Jan
Sep
27
474 %
10
1774
113%
19%
94
...
300
104
100
25
—5
Mueller Brass Co
—1
M'Olins Mfg Co class B
—
1
$7 preferred
——No par
Munsuigwear Inc
No par
Murphy Co (G C)—.—No par
500
-
13 V4
*51
52%
*51
Motor
113
13
13%
13
.51
*11274
113
Motor Products Corp..
21 Va
827b
;
1,500
1.000
-
7
4
Essex—.1———50
&
13
3
I
—10
Morris
Jan
Jan
11%
28
Jan
ImpI———1
No par
9,650
83
*20 7b
22
*11274
113
*97
8274
8274
82%
*82
974
98
*97
21%
22
*112%
a
974
9%
9%
98%
;
100
39
*38
;
Sep
22% Aug
'37
$4
900
*974
21%
39
110
Jan
30
3
Montgomery Ward
7,900
517a
38%
113
113
113
! >
51
28%
Oct
Jan
8
preferred series C
No par
& Co—.—No par
Morrell (John) & Co__:—...No par
10
*38
32
9%
*82%
53
527b
537b
;
50%
29%
21
21%
9%
108 Va
10
-
38%
50%
*38
*21%
10
C
119
*116
%
Jun
28
—
Corp.
36
1274
Oct
Jan
No par
_■—.—,——5
Moline Power
Feb
100
16
104 Va Oct
1
317b Apr 28
RR————No par
preferred series A__
.100
Carpet Mills—
1—20
Monarch Mach Tool——No par
Monsanto Chemical Co__
—10
$4.50 preferred ser A...—No par
Preferred series B——No par
200
21%
July 10
Jan
Jan
8
7%
400
Sep
7% May
27b
82
Mohawk
300
237b
•
Aug
60
27% Mar
70:
(The)——————1
1st preferred
—50
$6.50 preferred
Mission
176
Jan
19% Nov
19% July
8
Mo-Kan-Texas
'1,400
857a
237b
*85
86
v,
5,800
12 7 b
••/ 35Va'
*35
35%
23%
*85
">
%
3
■
11%
109%
28%
*53
35%
119
'*27b
3 /',-•'
12%
2374
86
1,000
;
5,600
*108%
Vn
12%
27b'
11%
'«
1%
...
Sep
par
3
4% conv pfd series B——100
4 % % preferred series C„
100
4% preferred series D_.——100
Minn
11,700
1474'.
"
,19%
.
*117
:
28%
*112
19 74
19%
1474
110
3812
98%
17b
*19%
120
50%
'
9%
1%
200
108
119
*108%
'
50%
26%
14 7-a
23
*116
116%: 116%
3,200
/:•
*117
119
*21
23
*1057b
-
17b
36
*35%
8
*1.16%
*116%
*38
127b
.*85
/
*
-77b
13%
•''a
2 7b
;
11%
11%
50
'
•:
108%
18%
1874
12
11%
12
12
1%-
*174
113
*i07Vb-110 r-v
'/'.•
Jan
37
5574 July
Feb
Class B vtc—_4——No
Minn-Honeywell Regulator
'
8
*105%
137b
,
400
1,300
t
165
2
18
16 % Aug
Petroleum,
10
V Midland Steel Products
No par
k8% cum 1st preferred-,
—100
j/Minneapoiis & St Louis Ry—No par
Minn 6t P & .88 M A vtc___No par
'
111%
18%
2%
-
12
110
8
10
103
Mid-Continent
/;
*110%
113
*107%
1%
18%
18%
18%
19%
*19
*1107b
8
.43
4274
*110.
110
13%
1%
■'?
2,300
51%
517b
52
4274
113
*108%
13%
..
130
143
*110
•__
8
-
.
110
*108
108%
%
1%
13
143%/-
*107%
113
108
*106
800.
1437b *
427b
4274'
I
36 i <
*517b
52
52
*42%
357b.
*110%
113
'108
7%
14374
14374
25
11
1
3 2 74 Oct
29
Apr
Copper.————,—5
Miami
1,000
: 7 Va
,77b
24%
36
*35 7b
*109
*109
8
-
*142 7b
42%
*110%
8
36
/
a
25
:
*247b
*35%
,
7 7
:.
:•■-'
52 Va
*50
V 41%
,
*109
:
35%
:
142% 142%
143%
*50%
.1
*7
:
*24 7b 7 25
24%
*35
25 Va
7%
,
.
*34%
25%
'77b
7
1-7
7
7
7%
-
20
21
Jan.
July
Aug
112% Apr
13
Apr 27
97
32
Jun
297b Oct
5
217b May'
Corp——1
Machine Co
Mesta
\.
7
,,
Jun
77b
43% July
74 Oct
•
110% Aug" 29
7
Jan
27
Merch & Min Trans Co
'
*34
Stores
Co
Jan
22
44
1097b Feb 23
—1
preferred
5%/conv
; ;
210
-3774
*51%
•
V
35
37b
Apr
31% May
11% July 10 :
1067b Mar
1974 Jan
—18
—No par
Co——.—w—1
preferred
Mengel
1,300
13.
127b
137b
51
35
13
50
'
May
—
Melville Shoe
700
24
2
674 July
18%
63% Nov
4% Mar
Corp———No par
preferred series A—No par
$5.50 pfd ser B w w—No par
80
•
Dec
29
327b Mar 10
$6
90
<
July
1474
23
Mead
v
*17
176
.5
100
*98
Jan
Mar
52% Feb
—————100
McQuay-Norris Mfg. Co.—.——10
2,400'
H74;
117 b
117b
100
*98
Jan
Jan
1974 May
-
Sep
9%
12
Sep 30
51% May 17
Feb
5 '/o
600
177b
17 Va
177b
117 b
100
3
2 5 74 May
16
47b July
9
4% Jan,
3774 Apr
'
Jan
3 Va
par
*
Corp..——1
100
1974 Apr
Aug' 10
21
Mar 20
McLellan
60
.
3
5
170
12
Jan
8% Jun 27
19
21'/a Nov
1
Jan
1%
16% Jan-
—:
Jun
Jan
6%
13% Apr 27
—-No par
Wks.
87b
374
May 17
187b Oct 21
par
Mar
16
4
67b Jan
Dec
2474 Mar
320
14%
5
2474 Oct
14
$4
1,300-
13 Va
110
*108
Co
Mclntyre Porcupine Mines
McKesson & Robbins Inc
600
Jun
24
47
400
21
Nov
1374 July 17
27b Jan
No par
McGraw Elec Co..
2.000
137b
15%
110
177b
1174
1174
37
.
""i^'/a
*108
17%
*17
*102
103 %
103%
13%;
53%
27%'
Nov
14
127b Jan
preferred w w
conv
Jan
15
18 74 Feb
1
_5
.100
1574
10
315
974 Sep
67/b Apr 24
McGraw-Hill Pub Co———No par
103 Va
53 %
2774
*99
90
50
51
*32 V2
f
35
>
13 Va
13
*49%
35
37
,
1037b
13%,
1087b 1087b
100
> *89 74
37%
*34
1.100
187b
54
% 2774
11%
*99
100
*88
«
30%
27%
53%
28
*102%
17%
11%
11%
11%
53
2774
13%
108%
*17
17%
17%
•527b
f
v.
<
13%
107%
13%
109
*98%
104
1C3%
104Va
13%
13%
30
*18 7b
'
*107%
*
59o
1127b
187b'
Corp.
McCrory Stores
700
19%
*111
307b.
•
MeCall
400
28% "
19%
391
'
,
5
5
Oct
187b July
107b Feb
preferred—No par
$6 1st cum
*28%,
,
19%
30%
18%
*52%
51
287b
1127b
*111
19
21
Jan
315
....
*110
*19 7'4
1127 b
•
9
•
100
%
12
preferred—100
May Department Stores—:—10
Maytag Co
..No par
$3 preferred
2—No par
800
39
6
Jan
1474 Jun
7 %
20
974
Jun
14
—1
prior pfd
Co—
Alkali
Mathieson
900
t
39
40
*28%
197 a
*19%
19 Va
1127 a
*9 7a
Elec
Master
200
637b
Corp.——i.
L)
(Glenn
Martin
3.300
180
104,
—_/_100
Martin-Parry Corp-^,
No
Masonite Corp
—No
2.200
22%
*17574
63 Va
107 % Oct ' 17
Marshall Field & Co
4.800
>■'
2674
227b
"*110
*28
28%
*iy%
*111
22.300
11%
-41
*26
10
*39
*110
*110
21
11
63%
*9 7b
40 ■"/
*39
40
*39
40%
63%
10.200
207b
■
178
"
627b
62%
9%
.
*175;
18%
-41
22%
175 %
St Ry 6%
'
2.67 b
22
29%
11%
13%
417 a
-
16%
18
1074
Midland
Market
1.140
1674
217b
10%
*18%
V
17
*49%
20%
107b
18%
100
*99
20%
10%
29%
13%
11%
20%
10%
*29%
109
*16%
,
.20%
387b May 27
Exploration—
Marine
-
'5.300
77b'";
1
pfd series A—
Maracaibo Oil
400-
3%'
7 Va
18 7 a
22 Va
*111
104%
*13%
177b
26%
19 Va
53%
*107%
187b
41
28%
28
*104%
18
22
19
18%
18%
28
18%
*3%'
'.
*26
28 Va
30
17
*1674
41 %
19%
*52%
17
22%
*39
112%
7%
.26%
29
30
7b
21%
*110
*111
3 74
7
H
62%
9%
%
3%
774
*25%
62%
19
3%'
"
X2674 Aug
Mahonihg Coal RR Co—'
Sugar Go—..—
MandeV Bros——..'—No par
Manhattan Shirt——:
—25
300
v
25
30% July
No per
Co lnc_:
Manati
200
Jan
28
10
—50
——-1
5.000
13 Va
*24
174
9%
*28%
2474
16
41.
61%
40%
*24%
18
:
8%
13%
13%
17
41 %
61 %
*39
8%
874
Jun
197b
447b July 10
Garden.—No par
4501
*350
450
87b
23
174
*110
700;
Nov
3774
27
Maaison Square
200:
16%
17
26 %
*21%
174
18%
16%
138%
Jan
34 7b Jan
Magma, Copper
18 V4
*13%
7%
4% %
600
10774"'
*107
167 b
24
24
7.300
,
19
*350
8%
*3 7b
Va
26
27%
21%
1674
'
7
41%
4i%;
41%'
*26%
1077a
*1874
167b
30
Jan
July
133
139 V2 Aug
—No par
Mack Trucks Inc
Macv <R Hi
20%
297b July 21
11
6
Feb 21
135
.—100
—
4.300
43%;
•'.29%
13%.
7%
19%
10%
v
107%
18%
450
3%
,*3%
7%
3%
7%
297b
*13
24
3%
2974
.
"
25 74 Apr
10
Forbes—
&
preferred
6%
149 %
:
43.
4374
8%
13%
24
42%
106 Va
*350
8%
24
24
24%
*24
16%
Va
x8
13%
*13
13%
*13
:'•'•
450
*350
8%
8%
'
19
16%
16 Va
450
*350
8%
8%
107
*18
19
*15%
16
*350
*106%
107
*18
19
*18
*142
149 Va
*142
29
*28 7b
v;
13% Jan
Jan
4
96% Jan
12
22
31
July 12
July
105% Oct
Jan
10%
97b
257b
Oct
26
74%
Jan
987 b
Nov
37
Jan
5774
5
66
Jun
23
Jan
22
106% Mar
6
26%
Jan
July 10
1ov2
Jan
12
Dec
33 74 Oct
Apr
1934 July
Jan
110
277b Apr
4
16% Apr
24
13
Jun
8
16% Oct
18
97
Jan
5
108 Va Nov
1
22
6
Jan
4
Jan
Jan
16
107% July 13
56
77b May
274
94%
Nov
114
37%
18%
Sep
Aug
Apr
Oct
21% Mar
102
May
;
'
■
.
'
•
.
,
•
■
•
.
Monday, November 6, 1944
CHRONICLE
THE COMMERCIAL & FINANCIAL
1980
..
NEW YORK STOCK RECORP
S
share
per
45%
18
87
28%
28%
28%
90%
89%
90
89%
90%
26%
16%
26%
26%
*26%
26%;
*15%
16%
26%
*26%
26%
26%
16%
*14%
16%
*15%
40
40
*153
v
18%
*77%
*76%
18%
V
211%,
210% 211%
121
210
*118%
120
56
*55%
56
55%
*53»/2
54
53%
54
25%
6 %
f
11%
11
*105
16
15%
16%
*112%
113
112%
112%
*112%
27
26%
27
26%
27
46%
46%
46%
47
47
27%
27
*46%
"v 6%
,
6%
*6%
6%
*6%
6%
*6%
6%
50%
*49%
50%
*49y8
50%
-*49%
50%
13%
13 y8
16%
16%
16%
16%
25%
107%
24%
25
24%
25
16%
16
16%
24%
25
25%
13
Dec
Jan
32%
Jan
75
Oct
4
Dec
132
Dec
54
Dec
78% Oct 23
14% Jan
33% Jan
4
47% Sep
26
183% Jan
3
213 % Nov
2
162%
.116 % Jun
2
113
Jan
15% Jan
29
10
122
-10
26
56
50
preferred series-
52
50
preferred series
51% Jan
Jan
7% Jun
100
—50
Jan
18% July
49%
Jan
56 %
27
48%
Jan
56
.11% Oct 23
9
105% Oct
4
par
17% Jan
15
jc28% Aug 17
.—50
Northwestern Telegraph
Norwflik Tire & Rubber—.. No par
37% Feb
4 y4 Jan
1
47
3
7
40% Jan
12
53
Oct
16
12% May, 8
16
Jan
27
Airlines '
600
Preferred
_——
No
50
__—
2.50
12%
13
1.300
16%
16%
16%
16%
9.400
Ohio Oil Co—
25%
'25%
2,300
——No par
4%%, convertible preferred—100
Omnibus Corp (The).:
.«
8% conv preferred A—
100
Oppenheim Collins
:—
-10
101
Dec
18% May
116% July
23% July
Jan
107
15%
Jan
Jan
6
July
31
Jan
45
Apr
8%
Jan
14 %
Oct
11%
Jan
21% July
3%
•
5
Jan
36
x3%
Aug 18
July
Apr
Jan
7%
6
115% Apr -24
Jun
Jun
<
14%
8
Nov
91% Jan
,
20
18% July
3
Northwest
Nov
Jan
20
31
112
par
122
•'
9%
Oct
Jan
No
pfd
38
July
192% July
Jan
54% Sep
27
.
Feb
23
19% Aug 21
*■13% Jan
Ry—_— —100
Northern Pacific
50%'
20% May
Jan
...
Northern States Pow $5
4,200
■
•12% Nov
19% Mar 11
3
1
SMpbidg Corp part stk.
.—5
Industries
—100
& Western Ry——
Adjust 4% non-cum pfd. ,-—100
Y
North American Aviation
120
6%
Jan
16%
28%
13 %
16%
13
6 %
*49 y8
,.
May
6%
1
17
Norwicn Pharmacal Co
13%
13
V
.
26
3
42% Jun
3
78% Oct
25
*12%
13%
47
Jan
18% July
22
3
-
Northern Central Ry Co..
27%
27%
•14%
11% Jan 27
Jan
Co——.
North American Co—
140
*46%
28 % Mar 14
May
30% Jan
par
52
12.800
,
47
74% July
Jan
,
107
112%
Jan
63%
5%%
112%
113
31 %
15
6%
16 Va
97% July 19
198% Jun
Harlem RR
&
400
15%
3
24% Jan
No
.No par
Noblitt-Sparks
23.300
11%
10%
16%
26% July
Jan
19
Y
100
V
4
Jan
Jan
N
30
54%
20
19% Jan
Norfolk
27.700
55%
*105
107
15%
*49%
6%
50%
*13
11%
15%
26%
46%
*43%
54%
44% May
Jan
11
129
200
%
Jan
10%
32% July 20
N Y Lack & West Ry Co—-.—100
Certificates of dep__
—.
640
18%
*55%
54%
46 %
26%
*46%
55%
*53'%
107
*105
107
*55%
113
113
114
*113
56
11%
11%
11%
121
18%
18%
53%
53%
16
15%
16
*105
107
*105
107
15%
11%
11%
11%
11%;
*105
*120%
121
18%
27%
21% July 20
—50
N
10
13,200
39%
50 y8 Aug 22
3
,No par
Omnibus Corp
$5 non-cum preferred
Highest
$ per share
I per share
15% Jan
par
100
62
New York Dock
$ per share
share
-—100
preferred series A_
N Y City
1,100
530
,
.
213
212
6%
340
19 l/a
*39
39%"
213%
*1.20%
18 %
*55%
55%
54%;
*55 %
:*53%
18%
18%
78
18%
19%
*38%
'v
-No
Central
York
N Y Chic & St. Louis Co
600
78%,.
IV 78
212
212
120% 120%
120
18%
18%
18%
78
New
per
Lowest
Highest
35% Apr 25
.No par
New York Air Brake—
900
161%,
78
19
39%
*39
211%
78
*77%
19%
i9y8
19%
39%
161%
.
*77%
78
39%
18%
39%
162
V
15%.
41
15%
*39
40%
,
*156
78
76%
75%
781
39%
18%
78
*77
77
77
*76%
*39
162
*157
162.
•
■
40%
40
•
121
18'A
3,500
28%
89
39
210% '211%
2,700
27%
88
18
*118%
29,500
27%
V t
Par
600
18%
87
39%
18
*38%
46%,
26%
162
78
•
28 y4r
39
78
*76%
18%
*153
1621
*77
46
18
87%
86%
39
*153
46
18%
*26
.>
15%
*38
45%
17%
*15
26%
15%
45%
18%
26%
*26
87%,
*26
45%
17%
Lowest
EXCHANGE
Shares
18%
46
45%
Year 1943
Range since January 1
NEW YORK STOCK
the Week
t per share
$ per share
snare
18
17%
27
*26
ar per
per snare
Nov. 3
Nov. 2
45%
*45'/a
45%
17%
$
snare
per
Range for Previous
STOCKS
Nov. 1
Sales for
Friday
Thursday
Wednesday
Oct. 31
Oct, 30
Oct. 28
f
Tuesday
Monday
Saturday
SALE PRICES
AND HIGH
LOW
Jan
Vl0%
41 V'4 Aug
O
%;
107
107%
*107
12%
12%
23
23%
23%
23%
23
23%
*153
*153
-
*42 %
44%
*42%
44%
*41%
44
*73
75
*74
77
*73
%
75
22%
44 ya
58%
14%
14%
14%
14%
11
10%
11
10%
14%
14%
11%
11%
23%
23%
2.500
58%
*73
Outlet
50
■" "■'75
58%
2.000
'•
*14
14%
*10%
11%
/:
44 %
*40
44
*21
22
*21
22%
-
16%
*16
33%
33%
*16
16%
*44
45
33%
45%
39%
•S
*44%
:
44
21%
20%
16%
*15%
33%
33%
'c
*120%
45
121%
120%
120%
158
158
40
39%
.,
120%
121%
*157
40
158%
*158
21%
45%
45%
45%
40
40
40
121%
*120%
158%
*158
158%
6%
6%
6%
6%
*6%
6%
V., 6%
6%
6%
14%
*14%
15%
*14%
15%
15%
15%
15%
5%
5%
5%
5%
5%
5%
5%
5%
31%
30%
31%
31%
31%
31%
31%
13%
*12%
13%
*49%
50
*49%
49%
140
158%
90
32%
*12%
121%
*158
5%
31%
700
■
110%
-
700
5%
23,900
32
31%
9.500
.
13
49%
110
110
6%
15:,i.
5%
14%
14%
14%
49
*
48%
48 %
109%
340
4%
9,700
'
110
;
25%
25%
25%
25%
*56%
30%
29%
29%
•'
4
.
Panhandle
4%
25%
25%
25%
'29%
29%
29%
'«25%
29%
30%
»
.
,
Park &
3
14% Sep
19
3
13
Apr. 28
48% Jan! 4
Sep
19
3
> 23% Feb
16% Oct
3
Jan
Jun
46
3
10
121 % Jan
12
Jan
3
12% Feb
163
11
4% Jan
29
■
2% Jan
Jan
100
11943
Sep
160
Jan
July
17%
Jan
7%
Jan
11 Va
Oct
105%
Jan
113 V 4
July
4
July
,
V 5
;
17
Apr
43% July
v.
'
19
2
4% July 13
July 5
16
■
6% May
Jan
106% Oct
17
Jan
35%
Jan
100
45 %
•
.
Dec
Jan
106
July
July
29% Jun 21
15%
Jan
30
37% July
v
s
Oct
Jan
9
61
27
27
Jan
=
3%
2%
50% Oct
10
23% Jan
-
23%
114% July 13
6
Jan
!'
Dec
91%
7% July 25
19 % July
3
45
Jan"
35% July 10
8
103
Jan
Dec
45% July
28% May
Mar"".
17% July 10
Aug
8
28% Apr 25
8% Feb 18
45% Sep 26
1
16%
31%
Jan
6 %
3% Jan 27
109 % Jan
July
25% May
Jan
Jan v
147
5
Sep
Apr
,55
19
3
149
13% July
13 %
.
Jan,.
23%
July 12
117% Apr 27
Jan
Jan
23%
14%
Oct
July
33
3
16
34'
10
7%
6%
■.
25
41 Va Jun
Pictures inc
Paramount
64
25% Jan. 10
t
J
Tilford Inc ex-privilege—1
8,700
3,300
25%
67%
Jan
No par
preferred—
conv
Jan
54%
15% May
par
& Ref.—
Prod.
p^'-offipe Cos, Inc.—
58
Apr
46
39% Jan
Corp——.5
D»n-Ani',r Petrol & Transp
5
Panhandle East Pipe Line—No par
5.60% preferred
100
*106%
*1061%
29%
"•
:
4
y*56%
58
25%
'
•
:
4
58
.■*106%
25%
29%
,4%
4
*56%
30
26
29%
■■'■v.:
4%
58
*106 %
*106%
*106%
;
*56%
58
*56%
58
4
4%
4
4%.
3%
*56%
38
19
30
.Pan American Airways
800.
110 VU
110
'
Jun
154;...Sep
11:
._!0
Motor Car—_——No
21%
Jan
28%.. Jan-
Oct
1
Oil Corp
Pacific Western
Packard
2,500
48%
13
,.
49%
49%
110
110%
110%
110%
110%
Vr-"' 13
V; 49%
13%
*12%
V-;
'■
32
4,700
6%
15%
'
;
Jan
142
26
Aug 25
Dec
Jun
17% Jan
Telep & Teieg———100
preferred—
100
6%
Sep
,
Jun
*
75
8% Jan
Pacific
Pacific Tin Consol'd Corp.. —,
43
-10%
64
10% Jan
-—No par
Mills
Pacific
157.
105
Jan
15%
24% Aug 28
19
Dec
Jan
3%
69
1
8
Jan
39*
Corp——-Np par
Pacific Lighting
1.300
15%
5%
45%
40 Va
6%
14%
.:
45%
121
*158
'
•
4.300
'
>
55% Feb 29
Coast Co.
—
—10
; ist preferred non-cum_—No par
2nd preferred non-cum—No par
Pacific Finance Corp (Cal)
.10
Pacific Gas & Electric
25
16 \'z
•34
*39%
120%
*120%
158%
20%
Apr
64
Pacific
350
21%
33%
is
14% July
May 10
31% Apr 26
—8
Pacific Amer Fisheries Inc
■„
<
44
*15%
1
250
<■
11
*41%
44
39%
45%
5
.
»
33%
*40%
•
11
16%
33%
*15%
16%
33%
*44%
40
*15%
'•
*40
;
21%
33%
33%
*39%
21
14%
:
10%
*21'•
44
*40%
*41
14%
,
Glass
8
18
147
►
16
11% July 19
105% Jan 10
18
8% Jan
.—5
No par
Co.——.12.50
Co—
Owens-Illinois
1.500
14%
58%
58%
8% Apr
-100
preferred——
6%
5 *.
28% Oct
108% Oct
99% Aug
Outboard Marine St Mfg
44 %
*41%
74
27
23
No par
Otis Elevator--.——
20% Mar 22
14
24% Oct
106% Oct
-
.
44 %
14%
10%
57%
60O
*154
74
58 y4
58
410
12%
23%
*41%
-75
*73
1..900
*12%
*154
*41%
9%
103 %
•
15% Sep
No par-
Oliver Corp.
1.260
108
9%
103
12%
58
58
59
*58
.
23
12 %
>153
107%
i%
103%
*103
12%
*25
107%
9%
103
12
12%
22%
12
107%.
10
*9%
103
12%
12
*153
10%
103
•
107%
>107%
107%
10
103
103 %
102%
103%
107%
10
■■V-'. 9%
10
10
*102%
„
5
17%
Jan
72%
Dec
Mar 27
26% Apr 28
2% Jun 27
31% Aug 18
1%
Jan
2%
Apr
27 Va
Jan
18% Feb
23 % Jun
16
Jan
Sep
,.--t ■
■
1%
7 Va
7%
900
18
17%
17%
17%
17%
2,800
57%
57%
*57%
107%
106 %
107%
106%
106%
19%
19%
19%
19%
19%
107%
107%
107%
19%
19%
19%
15
14%
4%
*17%
*08%
68% 1
*17%
18%
*111
30%
30%
17,800
24%
24%
400
68%
68%
68'%
68%
68%
14%,
14%
*14%
61%
62%
68 %
*68
68%
14%
*13%
62 %
61%
62%
15
14 Va
14%
*14%
76
76
*76
78
48
27
68%
14
*75
78
*47%
*47%
48 %
*46
48%
27%
*25
27%
*25
VV 27%
*25
~7%
v
9%
*9
1
104%
*103%
55%
*117%
119 Va
*115
93
111%
113
*13%
15
*111%
'
33
»
V8
12%
*110%
15
24%
24%
*105%
105%
*105%
105%
*105%
*105
135
*105
135,
*105.
105 %
135
25
25%
5%
5%
71 %
71%
■•9%
9%
5%
5%
5%
71%
71
*6
71%
"■*14%
•
.
♦
5%
*7%
5%
5%
8
8
*5%
8
95
*86
95
47%
48 %
*47%
48%
47%
65%
*64%
65
64
18
*17%
17%
17%
*17%
*173%
*173%
6
6
721%
72
.
*83
14%
*12 Va
: '12%
12%;
*76%
80
12%
80'
*76%
,
:
16%
16%
16%
*22%
22%
22%
10%
10%
10%
15%
15%
*15%
*57
•16%
57%
56%
57%
*117
112%
*
80
16%
.
,
22%
22%
10%
10%
15%
50
15%
,
16
50%
57
57
119
119
119
17%
16%
•17%
■
*15%
49%
49
119
119
16
*15%
49%
17%
64
16%
17%
'
*
v
8
17%
,
8
,
62%
17%
16%
16%
*22
10%
10%
15%
15%
*15%
15%
*15%
16
49
49
49
57%
57%
57%
120 %
*118
16%
*118
16%
17%
15%
57%
103%
.103%
103%
103%
103%
103%
108
108%
107%
108
107%
107%
112%
112%
112%
112%
112%
120%
-120%
102 %
'
106
113%
112
120%.
120
-/>.•
6%
Pittst.on
7,500
»
.
800
1,500
20
17%
.
11,600
103 %
1,760
$5
420
6%
113%
580
120%
6.90
7%
8%
12
6%
Jan
3
July 14
5 Va
Jan
10
62% Sep
24% July
orfiferrpri.——.—
20
Oct
20
37
Oct
7
68%
3
18% Aug
24% Oct
25%
Sep
13%
26%
Jun
May 16
21% Jan
26% Oct
„
21
Nov
,
*51%
Sep
91%
Sep
22
Dec
Jan
37
3
July 10
Oct
71
20
Jan
Feb
25
96
106
Mar 28
110
July 12
104
%
Nov
113
108
Apr
11
115
Aug 15
109%
Jan
117%
Jun
16% July 14
7%
Feb
14
July
113% July 13
79%
Jan
100
July
50
Apr
V 11% Feb 14
x98
9
8
42%
3%
Jan
July 11
18%
Jan
,5
Jan
28
105% Oct
29
75
Feb
21
10
July
85
Oct
•
61
Jan
13
'7% Apr 18
68% Feb 25
171
3
190
183
Apr
34%
5
5
59
Mar
4
Aug 22
"168 Va Nov
.182
Jan
r
9% July
5
.:,'4%
Jan
Jan
10
59%
Jan
61% Jan
10
24
Jan
5
56
.Dec
Sep
14
11% Jan
66% July
7%
22% Aug 12
'6
Jan'
Aug /
6%
Jun
10% May ;'
;eo
July
52 V 4 May
75
Mar *'
", 16 %' Mar
150 %
80
May 16
,69
16% Sep
Jan
1%
Jan
10%
Jan
74 %
Dec
Jan
21% July
18
20
14
19% July 11
14
%
168
Nov
19% Jan
15
Jan
?5
11 % July
4
Jan
13
11% Apr
25
16% Oct
19
6%
Jan
13% May
11% May 17
15% Sep
26
6%
Jan
13
Jun
50% Oct
35% Jan
,
25
May 29
'
8
18
24%
Jan
40%
Jun
48%
Jan
58
Sep
10
114%
Apr
123
Feb
11%
Jan
75%
Jan
121
Oct
"'
103% Oct
19
Jan
109% Oct
19
.100
104% Jan
113% NoV
3
96%
Jan
—100
113% Jan
120% Nov
2
108%
Nov
87% Jan
96
.,
Jun
July 19
59
•pi/, Jan
-
;
]R% July 10
10
52% May 19
Mar 25.
110
.No par
:
23% 'Apr
Apr
■
,
Dec
3V
Aug 23
14% Aug
26
;
15% May V
Jan
6% Apr 25
45
Sep 14
57% May 3
Jun
Nov
3
82
Mar
170
6% July
99
Dec
9
.77%
168%
3
Jan
68%
'
4
V.4%
Jan
7% May
Jan
Jan.;
9% Feb!.
Dec
j
•
Jan
24
?
May
102
Feb
15% July 10
.11% Jan, 4
164% Jan 25
Jan
3%
.
!
.; 26
,
Jun
July
.10%
24
7% Jun
27
90%
Nov
14% July 15
48% July
102
par
100
29% Mar
Jan
119% Oct 21
Apr 26
24% Jan
82
Feb
—50
preferred_j.-_-——
preferred—
preferred—
—
5
58
3
5
117
„5
par
July
8 V4 Jun
>
25
106
14
23% May 13
/
2d preferred——
f
106
6
9% Jan
19
I.5;
Plymouth Oil Co—
No par
Creek Pocahontas.—-No par
*>oor * Cn p'.nss B __—
1
Pressed Steel Car Co Inc—_
.No
26% May
10 Va
105% Oct
88 % Jan
—400
—100
Feb
5
6
49% Jun
(The)..—
.No
41% May
23
,.
16 V a May
58% May
Jan
15
8% Jan
& Gamble——
Feb
Sep
20% Feb
—100
pfd (ser of Feb 1 '29)
p"h Rerv Corn of N J-,**.
34%
19
7% Jan
100
100
5%
Jan
28 Va July
40% Apr 26
Pond
Procter
Feb
Jan
5 Va
59% July 19
24
1st preferred.,—
1%
28 Va
6
105% Oct
conv
5
6
88% July 19
100
conv
Apr
16% Oct
5
Inc—r...——-—25
—..—No par
5 %
Dec
67 % Oct
23
a
24% Sep
61% July :
7% Sep
59% July
113
17% July 20
6
23% Feb
_—
Jan
Jun
17% Mar
"
1st sec,conv pr
Co.
32%
Feb
4
7
preferred
Preferred
Jan
17%
46%
3
105% Oct
pfd—-10Q
Pittsburgh & West Va—
4^00
Pitts Young & Ash pfd—...
5%%
23%
23% Mar
No par
Pittsburgh Steel,Co——No par
7% preferred, class B,
—100
5% preferred .class ,A-100
Pitts
Jun
24
4
preferred....,
*
Screw & Bolt—j.r.
108 %
Jan
3% Mar
,,.45
,
-No par
—No par
Pittsburgh Forgings Co
—. 1
Pitts Ft Wayne & Chic Ry——100
7%
10
31% July 17
May 31
69 Va Oct 20
15
preferred——-
$5 conv
Jan
33% Jan
Coke & Iron Corp
Pitts
Jan
Jan
Apr
Apr
Pittsburgh Coal ol Pa—,
9% Oct
>
1%
25
4
42% Sep
Louis RR
Sep
20% July
Jan
13%
54% Jan
-100
**
Aug 14
100%
33%
112
15
No par
5
*
—
5%
;
118%
16%
17
112%
57
56%
*117
119%
108 %
1983,
2,700
16
112%
For footnotes see page
15%
51
108
120%
200
'
5% Jan
3%
14
18% Aug 18
10% Jan
...
*49
103%
120%
2,300
22%
11%
*15%
■
120%
16%
11
16
'
120%
110
49
112
120%
300
80
16%
15%
103%
120%
300
z,
12%
*22
22%
108%
120%
18
12%
16%
112
'
'570
63%
*76%
11
108 %
103%
.680
*173%
103%
.
46%
*17%
17%
-
22%
10%
1.200
95
63
63
J 2%
'76%; 76'%
16%
*22
1.600
*46%
*12
12%
80'
*76%
5%;
7%
.5%, ;
preferred
$4
,v
*86
47»/4
*173%
*12%
2.400
192
7%
95
46%
■
*187%
5%
*86
47'%
'r
*173%
*12%
16%
r
15%
15%
16
*48
17%
'V -'*76%;
22%
*10%
16%
63
"•
100
*169
192
5%.
95
47%
2.100
15%
15
15%
14%
*187%
8 V4'
*86
,•1.900
84
84
85
*169
192
5%
48%,
700
9%
9%
Pillsbury Mills
5
Oct
62 % Aug
19
Hosiery—
; Pitts C C & St
72%
71%
9%
■.
6%
6%
72%
9%
85
8%
,
"
9%
14%
.
Jan
Jan
preferred
Pncenix
9
46
100
100
No par
series.
Phillips Petroleum
100
135
5%
*173%
'*
1.200
25
*24%
24%
100
13 W
6%
71%
64
■
1
24%
,
105%
*187%
95
*86%
7%
8,200
43%
43
*12%
*105
8%
65
*86
,
*105J/a
6
8
1
13
106
"
-5%
■■
'44
.
135
:•
Preferred 4%%
10
Mar 17
55
—10
series..
Phillips Jones Corp
■
*105
*169
192
187 %
i
4%%.
Preferred
180
'15
*105%
*83
14%
*14%
*
192
*187%
192
83%
112
*13%
135
*9%
*169
*169
*169
',*187%
9%
83%
14%
14%
14 Va
9%
85
*83%
84
84
9%
9%
*110%,
105'A
,
'
■
•
Philip Morris & Co Ltd.
90
*106'/a
*12%
24%
105%
*105
1.900
15
X43%
13
*24%
,
5%
71
44%
2.80Q
17% July 14
25% Mar 17
-3
33%
Nov
3
60% Mar
Jan
13
21% Jan
preference com———No par
4.4%
preferrco .—.....
—100
92%
80
110% Mar 17
par
:—
7
20% Oct 14
2% Jan
$1
Corp....
110
Dec
7
16
No. par
com—
Pbllco
112
*13%.
Electric Co.
Phila
;
—.No
preferred—
$6
106%, 106%
*106'/2
44
1.300
Inc.—.——_—1
33%
112
*12%
8.700
Co
&
May
May
6% May
29
' May
19 Va
Jan
18
;
32
Nov
51%
20
37% Feb
Phelps-Dodge
Corp..—
—
25
Philadelphia Co 6% preferred——50
120
20%
(Chas)
92%'
*13%
.
104%
'
92%
44%
12%
990
119%
107%;
*107
44
13,100
26%
33%;
33%
92%
*107
44%
119%
107%
15
23%
•56%
26
,
*110%
111%
*13 %
*113
921%
Pfizer
*115
26%
107
107
1.500
304 %
:
20%
26%
33%
92
,92%
108
111%
a
119%
*33%
33%
92%
12%
*12%
13
*117
15 '
44
44%
119%
1.300
1.100
19%
104
20%
26
9%
56Va
"7%
1%
16%
58% Jun
9l/a Jan
——1
Pet Milk Co
8% July 12
20% Feb 15
10
13% Apr
,-100
Co
3
26
93% Feb
Ry
—No par
4%% 2nd preferred—
100
Petroleum Corp of America
—-5
Pfeiffer Brewing Co
.—No par
*55
,
.
104
20%
26
*107
*107
44%
*12%
25%
33
113
104%
20
5%
27
4% Jan
Co.-.———100
prior preferred
100
prefer red——
100
5%
47. ;■
Ry
Co—
56%
56%
*117%
108
*13%
*107
23
55%
25%
92%
92%
108
108
22%
56 %
104%
300
9%
9%
23
Eastern
Pere Marquette
300
7%
56 Va
*55
&
Pepsi-Cola
17
15% Apr
&
Peoria
7
51% Apr
Transportation—No par
Enterprises
...10
Ford—
—No par
Pennev (J C) Co.—
No par
Penn-Central Airlines Corp
1
Penn Coal & Coke Corp..
10
Penn-Dixie Cement—
No par
$7 conv pref ser A—
No par
Penn Glass Sand Corp——,_No par
5% preferred.—
-100
Pennsylvania RR—
50
Peoples Drug Stores Ino
——
5
Peoples G L & Coke (Chic)—^—100
Patino Mines &
Penick
22%
~7%
7%
9%
55%
20%
32%
33%
108
'
.
2.50
Parmelee
76%
*106
22%
104%
300
Mines—1
No par
& Co
Davis
Parke
47
*25
56%
20%
119%
48%
27
23%
*103%
26
<.47
9 Va
9%
10,600
Consolidated
Utah
Park
Parker Rust Proof Co....—
76
78
*25
~7%
300
V
14%
*14%
14%
55
20%
25%
■
900
14%
04
54%
-
104 %
20
26%
33 %
22%
56
54%.
26%
*92%
23%
22 %
.
14%
63
*106
'
*7%
.
9%
55
55%
20
20
9
54%
54%
14%
*76
;,
*106
~7%
*7%
9 Va
9
22%
22%
*103%
>
54
54
54
snc
*106
"7%
7%
14%
62%
61%.
14%
48
*106
*111
30%
78
'
100
24%
14%
*7%
*17%
30%
49 :.v
*106
18%
300
24%
30%
*24
*75
*26
1,000
18%
*56
30%
24%
*14
*14%
4 Va
57%
56
*17%
400
24%
30%
*24%
68
14
:
3,000
.
14%
4
4%
1,300
19%
*14
14%
*4
56
*111
*111
30%
24%
*24%
62%
*14
4
106%'
19%
19%
19%
200
58
106%
107
106%
.
55%
18%
7%
7%
14
■
.
60%
24% :
14
4
55%
*13%
*24%
62%
-i
30%
30
30%
30
■■
55%
18%
*111
*111
'
■
4 %
•-
7%
7%
14
14%
4%
*55
18%
::
7%
*13%
V
4%
55
*17%
:
•
14%
■
4%
55
56%
18%
200
58%
58 %
15
4,GOO
22%
1%
*17
*57%
*4%
30%
22%
1%
*57
58%
*55
1,500
30%
22%
*21%
18
*57%
"
1%
31
1%
30%
31
22%
58%
7%
17%
18
17%
18
1%
1%
30%
*21%
*57%
7%
*7
7%
7%
18
1%
22%
*21%
22%
*21 %
31
30%
30%
30%
3012
22%
1%
1%
1%
1%
30%
22%
1 %
'
857/a 'Jan
17% .Apr
96% Oct
107% July"
ll4% July' ij'
.129% July
i|'
II
THE COMMERCIAL &
Number 4331
Volume 160
RECORD
NEW YORK STOCK
Oct/28
S per
S
share
a
115%
115%
45%
45la
45%
16
107
*113%
: •'
24%
24%
15%;
107
15%
10 %
874
8%
8%
88%
88%
*31%
*31%
16 7
17
*16%
16
,
113% 113'%
'
16
.'1,300
15%
100
15.800
*15%
10%
1074
10%
10%
1074
79%'
79%
,79%
7974;
874
874
814
8%
874
8%
8974
3274
*3214
32%
*3174
32%
1574
15%
15%
157/s
2.000
34%
*3374
34%
900
.3314
17
3374
1674
33 74
1674
38%
•
17
38%
39
90-
17
:
1674
1-7
'•
32%
*31%
*11%
135
*132
12
*11%
12
<
*11%
62'%
'
*21%
&1%
6174
17%
b2
"17
.
*1674
'-17%
*32- *•'
32%
*11%
11%
135
62
61%
62%
22
*21'
/
22
*16%
*21
;;
21
2074
.
101%
*100%
•
15
96
96
13%
13%
39
*17%
18%
9%
17%
9%.
■'
31%
*38%
39
1774
*1734
17%
17%
*9%
97a
974
33%
33
52
52
17
"4
18
18
50%
50
so,.
3478
34%
3474
34%
52
52%
52'4
3474
34%
34%
2.300
52%
5214
52'/+
1.500
113'/a
130
8
'■V' 21
21%
5%
558
57b
'*574
98
98%
9734
38%
20%
21
20%
21%
*15%
15%
15%
*75
76 74
*12%
13
76
12%
98%
99%
99 %
2074 /
21
15 %
15
1574
*15
76
76%
76%
*76%
12%
1274
13%
1274
52%
*507'a
52%
*50%
52 %
23%
23%
23%
2338
31%
28%.
2774
13%
13
13%
13%
13
36%
3674
36%
37
37
14 %
14'a
*14%
23%
*22%
*40%: 41
*2274
23%
*2274
*40%
40%
41
28%
28
12%
12%
4%
4%
40 %
28%
29 74
*28%
12%
12%
12%
%
4%
*4%
414
40%
40%
39%
40%
39%
39
39%
*155
3774
*2274
23%
*227*
43%
42%
42%
*2774:
•;
40% ;
4014
40%
39%
4014-
3974
39
29%
38%
3874
'.,"*30
i
160
*155%
160
*156
26%
•
:
"
26%
26%
26%
1574"
1574
1574
16%
16%
1674
16%
3074
30%
3074
30%
31%
31%
3174
27%
? 71A
26%
27
26%
27
267 s
*5674
57
5674
.57
567+
57
*79%
80
79'%
797+
7974
7974
57%
814
80
*71
30%
30
*30
*60
11%
11
% .10%
74
30%
*30%
30%
28%
28%
28%
23%
29%
29%
'
7414
59
*56
*112
*112
28%
11374
*112
3
:
61
36%
367a /
36
33
3214
,
974'
9%
34
65
64%
17%
17
*17%
.
.
5%
10974
30
29
2874
28%
6.000
.2374
11374
*112%
3
3
113%
3
*113
3
113%
3'/a
7074
36'A
36%
36%
36%
36%
36%
36%
33
327b
33%
33%
3374
3374
33%
9,400
55%
55
5514
55%
5574
55 %
55%
11.600
44
44%
44%
1.900
4374
437+
44
*110'%
112%
*110
9%
974
9%
9%
974
7+
33%
33%
33%
33%
3374
65%
*65%
101?!
*126
127%
5%'
.
65%
1574
16
1074
*1074
10%
17%
1714
17%
10%
1074
10%
*17
.
■:
1074
187a
177s
64,
64
,
i
127
5%
®1261'
>
* 127
5%
x574
*111
10.200
112%
100
974
4.800
700
65%
6574
600
Xl5%
15%
4,200
1074
10%
1.800
*17
1074,
.
$6
prior preferred;—
$7
prior, preferred
i
10
Mining
217 a
21%
800
*20%
21%
31%
2014
217'+
100
1714
30%
27%
614
6 %
For
:
27
'
17%
3074
3074
30'4
30 %
3074
30%
3.400
Swift &
30%
674
footnote,5 see page
1983.
May 16
24% Apr 24
4% July
6
274
Jan
35'A Sep
20
16%
Jan
23
2974 Oct
2
21
Jan
27% Nov
10% May
*13% July
3
,
:
1 Apr
19
,1074 Feb
8
15
7
42% Jan
7
31%
31%
3174
31%
31%
27%
277c
273a
4.900
6%
2774
614
27
674
27 %
6 "a
27
6%
7%
Sep
Jan
29% Feb
5
July 19
28 'A
12.100
Svivania
28
Jan
5
Apr
May
45%
Sep
Jan
6
22 % Apr
24
43% Sep
6
155
20'A
5 :
17
4
Jan
3
514 Jan
26
Feb
14
55
,
3'
80'A "Nov
/
7
414 Jan
1574
Jan
14% Sep
30% Mav
Jan
3014
Jan
4974 May
Jan
66
274
Jun
28
Elec Prod's Inc
■
Jam
21a
7% Aug 18
9
Jan
6Se p
Jan
61
Nov
2174
Jan
35
Dec
23%
Nov
35% Mar
5
32%
Jan
44 % July
48
28'
Sep
61% Oct
66
May
3
23'
Jan
60
Sep
56 74 Jan
27
Jan
3
1214 Aug 17
50% Feb
11
74% Oct 31
35%
Jan
64
Sep
33'A Jun
9
38 74 Mar 13
33
Jan
42
July
109
Jan
6
115
Oct
18
110
Jan
28
57
Sep
22
111% Apr
19
115
July 20
May 17
112
Jan
108
28% Feb
6414 Feb
27
116
Sep
27+ Jan
4% July
3
337a Feb
10
31
Sep
7
5074 Sep
14
4
1374 Apr
19
70
July
117
Aug
110
Dec
25
Sep
31% Dec
115% July
Jan
1%
Jan
9
5
38%
Jan
4414 Dec
3914 July 12
2874
Jan
40
15
28%
Jan
3814 July
5814 July 10
'.
46 %
Jan
60
37%
Jan
45% May
~5%
Not
25
Jan
347a Jan
44% Nov
115
Jun
3
5
19
68% July
1474
Jan
14
17 Ya Mar 14
14%
Dec
X17
3
5%
Jan
1014 May1
5
574
Jan
1514
11% Oct
2014 July
514 Feb
15
75a July
48%
122
29
Sep
14
8% Jan
10
12 %
23
4
lOls July
Jan
Apr
5
May
May
Sep
26
12%
Jan
22
84% Feb
2
5874
Feb
82
2574 July
5
1474
Jan
32% July
3374 Aug 22
2614
25
205a Sep
25
31% Mar 20
".
Jan
474 Feb
22%' Jan
3
3374 Jun
27
27%
Nov
18
33 % Jan
5
22%
Feb
7% Mar 13
474
9
Oct
774 Apr
10
la May
Sep
6
Jan
2674 Apr
5
63% Mar
130
37+
27% Jan
*
Sep
Dec
Nov
27% Jan
No par
July
474
5
-
23
Jun
Jan
13
Oct
May
7%
414
19
1974 Apr 25
9% May
31% Mar
66
5
Oct
69
Sep
1374 July 12
1774 July
Oct
17% Jan 27
Dec
May
28
64
No par
25
100
614 Mar
Jan
10%
65 % Aug 23'
128
3
Jan
10014
1
.
116% July
Nov
49
15
5% Jan
Sep
107
27
1
_10c
8%
112% Nov
2
28
3374 July 32
9
Jan
110
401+Jan
1
Apr
6% Jun
29% July 18
May 5
2214 May 13
36% Jan 26
28
-
Apr
33
Sep 28,
72
32% Jun
Jan
Gould Corp.—.
Apr
4214
287a July 10
5874 Oct 19
4014 Jan
Sep
25
3514
3374 July 12
3
Dec
149% July
1574
1714 Aug 21
3
Jan
Apr
301+
Jan
1074 Jan
1314 Jan
54
5
29%
Jan
21%
26% Oct .18
J«n.
-15% July.
Jan
132
Aug 10
23% Jan
'
Jan
•167Wan
Aug 18
43
10
20
Jan
2%
5% July 12
281s Jan
2874 Jan
141
2514
.
39% July
Jan
10 %
143A July 17
•
Jan
15%
Jun
Co
Symington
5
Jun.
19
2914 Aug 23
'
Swift International Ltd_
3074
.3.000
3014
27
27%
Jun
54
(The)
1714
'
6%'
Sweets Co of Amer
30%
,
-
27%
1.100
*17%
30%
17%
30 %
30%
29
121
Sutherland Paper Co
30%
Jan
.1
Co
21%
17%
1774
100
cum)
207 s
30%
12
No par
pfd (4% %
20%
30%
28% Apr
1
7074
30'/+
Oct
14
19
*67%
3074
57
20% Sep
714 Apr
Superheater Co (The)
Superior Oil of Calif
Superior Steel Corp
*17%
Jan-
15% Feb
100
17%
31%
.No par
Webster
Sunshine
31
July 11
55
Stokley-Van Camp Inc..—'J.++..1
5%
prior preferred..
——20
Sunray Oil ,Corp.
17
4
3
1.800
*30
1014
4814 Jan
10
4.300
17%
73% May
Jan
9% Feb
8%
31
Jan
574
11% Jan
5%
17%
6474
7
3
23%
*30
25
1574 Oct
10
Class A
Jan
76% Oct
6
25
Sterling Drug Inc.—
i
Stewart-Warner Corp———
Stone &
31
874
27
67 74 May 18
300
13%
1414 Mar 13
Jan
914 Jan
29
3.100
*30
6
73% July
16% May
6274 Feb
1074
31
Jan
35% Oct
"69%
20%
64
11% July
69%
*30
78% July 19
18
23%
21
3
13
69%
30
1714 July
11
23
21
Jan
6% Jan
*6774
30
9
28 3A Jan
69 "a
*30
5
11074 Sep
Sun Oil Co.
*8%
Sep
18% July
73'A Aug 23
Studebaker Corp (The)
8%
1874
—100
.1
1.700
8%
Jan
8
L S
8.500
2274
10%
No par
(The)
*67%
9
5
14
preferred
2314
23
Dec
247a July
34% Sep
Standard Steel Spring.—^.
70%
9
Jun
90%
25
23%
23
4'/+
Jan
40% Feb
Standard Oil of Ohio
414 %
Jun
Jan
59 74
2
11% Sep
72
Standard Oil of New Jersey—.25
*67%
9
2
Feb
2614
9
-No par
/.No par
Standard Oil of Indiana
Starrett Co
Jan
,Mar
25
101
—No par
Standard Oil of Calif
23%
*8%
16%
Feb
,
Oct
14
35
par
7074
8%
112
107 74
714 Sep
7
Inc_——No par
23%
8%
Dec
5
Feb
6374 Jan
No par
—
*67%
87a
105
25% May 19
274 Jan
—.No par
A
.....
2314
874
8
7
16% Feb
Railway
1.300
*23
115
Jan
July
43
Nov
3
18%
'
Dec
27
6314
5%
36%
10974
Jan
18%
5%
Jan
3
16
3% Jan
63%
.5%
96
Nov
10814 Mar 23
110
3
May
;
Sep
12% Mar
12
preferred
17%
126
Nov
—15
1874
126
■: 67k
47% July
114
5
63%
127
Jan
1
36% Mar
Jan
44% Oct
6374
*126
35
i105 %
12
18
1814
64
!,
5%
65%
153+
1078
10%
64
65%
15%
15%
iff,
;
5.500
3374
i 33
112%
27% Not
5
Sep
45
16
Jan
Standard G & E Co $4 pref—No par
-
914
43 %
112
50% Aug
Dec
Apr
Standard Brands,
800
70
•
Jan
■
1.300
70'/a
.
.
43
113'A Oct
x
20% Sep
preferred——No par
Spencer Kellogg & Sons—No par
Sperry Corp (The)—
1
Spicer Mfg Co
No par
$3 conv preferred A—
Nc pa"
Spiegel Inc
.———2
Conv $4.50 preferred——No par
Square D Co
1
5% conv preferred
100
Squibb |E R) & Sons———No par
$5 pref series A
No par
34.25 preferred ——
No par
$4.50
69'%
17% '
1814
5%
5%
10974
69%
107a
64
127%
*126
110
69
1574
10%
*126
110
691a
17% I
10%
1714
30
62 '
10%
63%
58%
114
62
'A
1814
101a
18%
*63
115
61%
/ *64%
>
63%
*1074
*55%
61%
33 34
-
11.
101a
11
11
*17%
*113
114
29
3
58%
114
111%
*112
115
61%
914
i
15%
15%
1514
*15%
65
*55%
*113
*61
4314
9%
33%
33%
65
*33 It
*113
60%
112
112%
*111
1121a
*9%
43%
*43 7a,
43 %
*4314
*110
800
3274
,
54%
54%
55
35%
54 %
33
55
35
36 %
36%
32%
34%
68%
;
6914
68%
34%
58 %
2374
3
74%
60%
61
68
%
1131a
.3
74%
114
*110
.
74%
115
*5514
28%
%
74
1.080
3474
,
114
:111%
*112
6314
61
*58
28
58%
117
*110
3
'
74
*113
115
..
*113
11374
*112
3%
3%
7.300
*34
28%
2814
80
1114
341+
111%
*110
281a
60%
11%
74
*56
117
111%
*110
48
*59%
11%
74%
*113
V
59
117
,
*4774
5974
10%
34%
V
115
*113
115
*56
46
5974
11%
74%
"'
3414
*34
11
10%
11
4774
60
*4774
•;••■
Feb
13
Jun
3614 Jun 21
7
6
84
1814
211+
23
Sparks Withington..
600
43
60
10%
48
Sep
Jan
:
Jan
914 July
37'A Mar 16
108
Oct
1174
19
Dec
Typewriter-No par
8pear & Co..
7.800
60
30
109
28
53% July 17
115
105
No par
5% .non-cum preferred———100
Mobile & Ohio stk tr ctfs.—100
,
203
5914
61%.
74%
35
*113
,
*30%
'
74
*34
.
30%
29
7
2014 Jan
35 '/a July 12,
27% May 12
914 May
197+
51% Apr 11
Jan
45
par
Feb
23
574 Jan
July
8
34% July
14% Jan
1714 May
5
24% July
Jan
25
$5.53
*30%
,
& Corona
530
3074
?0
12
Jan
24% July
1,500
100
Jun
9
Jan
v
2314 Nov
57%
3.500
17
,514 Apr
1774 Jan
Oct
7%
9
8
17% Jun
Jan
Jun
14%
1574 Nov
80%
80
117a July
814 Feb
12%. Sep
2274 Aug
80%
*71
14
20
Southern
80
39% July
22
15.009
*71
Feb
18% Jan
27%
80
32%
3474
19 74 Oct
Jan
13
1114 July
Jan
3
15% July 10
May
13
Jan
25%
3974 Nov
3
36
1
4
Jan
5%
357/a July 10
8'A Jan
28
-10'
Feb
Jun
23'A Jun
2774
5714
7%
931+
25
27%
57%
*71
*4714
48
*47
61'A
1.600
6%
Jan
80
28
Southern Pacific Co—.—
7%
99% July 15
13 % Apr
2.400
6%
8
Feb
22
25.500
8%
85% Apr
?0
Iron
16%
674
15% July
——No par,
,—10
Si
3174
28
2814
2814
48
7 74
Jan
.15
—
Steel
preferred....
16%
80
'
281a
28 %
6%
*
7%
—1
Southeastern Greyhound Lines—„5
South Porto-Rico Sugar—.—No par
8%
preferred—
^.100
Southern California Edison
25
Southern Natural Gas Co.—7.50
2.300
*30
'
157/a July 10
-—
Socony Vacuum Oil Co Inc
Am Gold & Platinum
3.300
*71
30%
*60%
*80
8%
26%
4
...J
No
31%
■
Jan
.100
...
82
57%
'A*:,
6 74
*7%
8%
*774
J
6%
614
6%
614
654
*7%
80
*71
*47:
/
/"
8'/+
80
"
57V4;
7974;
.
'
614
6%
>714:
27%
'?
27%
:
.
.,
10
South
158
26%
26%
26%
1574
30%
,.
'
*156
158
30%
26
4.400
39%.
40%
414
15%
26
25.300
474
474
307 a
26%
12%
4%
12%
4%
414.
Smith
300
27%
1274
12%
12sa
/
par
5
Smith (A O) Corp—
2.700
27%
2874
1274
281%,
*27%
:
Sloss-Sheffield
:
70
—No par
———No par
...No par
Skelly Oil Co.
$1,20
1
98
Nov
(Frank G)„
300
4274
43
Dec
59%
pref ser A.
conv
2.8001
23%
42%
474-
500
14%
23%
15%
26 %
38
*1474
*22%
*
3.100
/
20.000
13%
3774
3774;
/ 1.800
2974
1374
1374
.
31%
3174
*29
14%
42 %
*155%
374
*1474
15
*3974
>'
160
*155%
160
I
28%
13%.
3674
014-3tt -
23%
39%
;
i
,
3174
28%
:
13%
•
36%
•
28
12 3 4
13
15
14 %
28
2374
3%
374
31%
3174
27%
13%
14%
*36
■
.'
31%
,2774
374
1.000
2.900
23%
23%
23%
52%
76
28
No par
.No par
No par
Sheaffer (W A) Pen Co—No par:
Shell Union Oil
15
Silver King Coalition Mines
5
Simmons Co
——No par
Slmonds Saw
Steel..—...No par
Sinclair Oil Corp..—
No par;
2.500
14%
18
8474 Oct
—
$3.50
Apr'
103% Oct
4
10
Shaxpe & Dohme
9%
3
.No par,
Servel. Inc
.1
Sharon Steel Corp.——___..No par
$5 conr preferred
No par
Shattuck
Dec
88%. Oct
Jan
15
3
90
-
574
Jan
No
Seagrave Corp—
Sears Roebuck & Co
;
*50%
52%
*50%
.
374
374-
3174,
32%
31%
,
,
14%
14
14
237a
23%
374
374
3%'
*374
"
77
*74%
73%: Jan
Jan
Seaboard Oil Co of Del——No par
5.000
1214
%-1274
77
3
11
20% July
1011+
6% Jan
—
preferred
preferred
Jan
63
—1
—.
Paper Co
Jan
95%
84
par
Jan
300
77%
7774
%
1274
12%
*74%
51%
...
78
*7674
1274
12% July
8
8.000
1574
*15
15%:-
15%
20%
2074
-
77%
51 %
23%
"
Apr
27
4.000
,
10%
14
5
10174 NOV
4374 Jan
600
100
Jan
3
110% Jan
1.700
614
4%
Aug 17
21% July 5
—100
Savage Arms Corp
—
5
Schenley Distillers Corp. new__3%
5 '/a %
preferred.;
—.100
$4
2174
"
6%
Dec
Jun
.100
preferred
Scott
500
Oct
7414
16
——No par
109
99-A
'
...
21%
:
20%
2074
14%
*50%
*27%
100
99 Va
77
14
"
5%
15%
*74%
14%
23%
>
21%
57/s
2074
'
14%
; :
21%
100
20%
14%
3%
200
93
Jan
Jan
——_——.
$4.50
*108
v
"
77
*74%
77
109
6%
*574
14%
27%
5.500
45
Jan
87
Joseph Lead
5%
-
Sep
May
69%
■
.100,
Safeway Stores
*113
H.
*108
St
T
2,000
10774
45
45'%
21%
21
6
14%
32
333/4
107%
*113
109
14%
3%
8
34
X77+
774
3374
1C8%
*44
•
/
'
32
774
33%
*10774
45%.
*108
21
21%
27%
113%
114%
114
3374
*43%
109
5%
".*74%
3474
'*52
*
1914
42%
9
.—No
Brass
$2.50 conv preferred-
210
50
*49
20
1
99% Jim
Rustless Iron & Steel Corp..
3.300
17%
1774
50
108
*113
*108
109
21
*32%
33
50
774'
'
21%
77
33
200
13%
Jan
Jan
16
103% Oct
No par
Ritter Company
i.No par
Roan Antelope Copper Mines—
111
Royal Typewriter—.—...—,
Ruberoid Co (The)—
No par
400
Jan
12
9974 Aug
Jun
100
.100
Mfg Co
Richfield Oil Corp
■600
18%
114
108
44
43%
*113
*108
;
774
2174
'
*113
109
*7%
*20 %
18
24
6
14%
3,
6:
Dec
Nov•
11
.100
Rheem
400.
15%'
774
20%
1774
33%
33%
108'%
44
*43
44
*49
%
8
v-
3374
108%
*10774
108%
1.000
18
:
*113
*10774
34
3374
500
974
50
17%
114 '
774
77 «
7%-
8
'114
1774
*1474
15
•
*32%
52%
114%
;
714
*
35
52
Vi
114 %"
3374
15
39
2C%
33%.
3274,
50
114%
*74
*32%
3274
17%
*113
;
1474
'".1474
21%
52
17%
974
7%
33%
39%
974
17%
97 a
*38%
8% Apr
Apr
1
Common
Oct
6a4
2214 Oct
19
16
par
Reynolds Spring—,
..10
Reynolds (R J) Tob class B—.
30
39
39
21%
50%
*107%
3174
7%
17%
*43
900
5.800
21%
33 %
*107%
1374
31%
96
7
...1
•
230
1374
3174
7%
33 7a
96%
1374
3174
21%
33%
96
13%
9
70% Jan
No
Reynolds Metals Co——
5%% conv preferred..
1.900
1574
*9574
7%
*33
15%
15%
X83% Mar.
.100
7%, preferred..—
514% preferred—
,.
70
/
8474
137 a
*20%
*21%
*7%
9534
v
15
..25
RR
lnc
Revere Copper
90
101
3174
*14 la
21%
33%
15%
7%
7%
*20%
'
15%
:••'
*84%
8474
8474
-
101
101
9574
9%
15
*14'a
-
-7%
2.200
11
11%
1074
101
13%
*3814
1774
39
9%
15
1174
11
1474 Apr
G% cony prior pfd ser A—
.
Nov
23
Feb
18
3
Mar
18
1174 Feb
—1
preferred
conv
70
;
..10
Saratoga
&
Motors,
,G%
■
700
31%
31%
31%
17''2
9%
10174
1474
96
1374
13%:
*38%
*38
103%
101%
-1334
95
•; 96
3i34
31%
103%
102%
8474
15
15
15,
14%;
par
No
Co—
Republic Steel Corp—.
7.200
104 %
"
84%
-
84%
18%
*101
•; 101
*100
%
13
*103%
10174
1074
11%.
101
*84%
8474
*84
84%
:
11%
*100
101
*100
Reliance Mfg
100
'
11
107a
11%
101
1st
& Co
(Robt)
Reis
Reliable Stores Corp
Reo
*103% 104%
*114
86% July
50% Jan
900
103%
,
Jan
90
pfd—— .100
13
101
17%
20
•
18%
103%
*50
80
18%
100%
*7%
Jan
1274
-
*14
66%
18%
%
31%
18
15% Jan
■
.100
1274
101
96
135% Oct
.
18%
103
*13%
Jan
Hosiery
Preferred
1274
100%
*14%
Jun
...5
Silk
Real
Rensselaer
*102%
84%
Nov
310
103%
11%
35
30
200
*101%
2214 May
Jan
5.900
18%
Jan
Aug
314
98%
18'/a
32
18
800
18%
Jun
Jan
12% Oct
970
*12%
23
574 Jan
99%
.
297»
-"15%. Jun
26%
Jan
2174
-
Jan
11% Jan
•
Jan
97%
18%
3414 Oct
Feb
28
July 10
18
Dec
1474
99%
13
.101%
12% Feb
Oct
Jun
101%
21
33% July 10
:
28'A Jan
71%
10%
Jan
2274
2174
18 74
*100
par
17
10774 Jan
Jan
2674
98'A
1274
12% May
Jan
314
5414
107a July 10
3
9974
18%
Jan
59
1
7974 Nov
.
4%
July 12
12
13
381a Oct 24
21%
13%
July
2014 Mar 21.
98%
18%
15
32'/a Nov
'21%
99%'
,..
Jan
.
3274 Jan
*9974
13%
■
99
10%
1674 Aug 21 %
27% Jau
99
■13%
13%
.
'
*9974 '9974
;
21
2nd preferred... ..50
9974
99
Lov
1st preferred—.. ..50
21%
9974
98%
22%
non-cum
■
72074
*99%
99%
107% July
Jan
non-cum
99
20%
99%
.?
Jan
137+
4*4
9974
21
21%
*98
114% July
92 %
—1
Remington -Ra nd —v
Preferred with warrants—
*99%
Feb
107% Aug" 14
24 * a Oat. 2 J
27
..25
.23
*21
104%
14
8514 Jan
18
17%
17%
22
113% Aug 25
15
5
67
66
65%
6174
*17
*21
12
24
Manhattan——No
Aug
1234 Jan
$2 preferred
——
Reading Company.——. ..50
12
135
40% July
19% July
4%
-
«21
.1774
22
.17%
-22
>16%
I
-
21
*132%
135
*132%
Jan
Jan
7% Apr
lnc——
Nov
/•; 200
32%
*11%
Jan
11
300
39%
32%
12
*132
135
62
(
32
*11%'
1174
*132
135
*132
-
*32
32
32%
■
32%
•
2674
Mar 22
19% Jan
103
874 Apr
Raybestos
1.000
17
*3874
38%
3874
'
113%
18
69% Jan
Rayonler
122
15
13
1097a Jan
Hifhest
t per share
$ per share
share
521a July 10
3
14% Sep
per
11974 Feb
2
37% Jan
par
...No
of Amer^
Corp
Radio
200
1574
*33%
33 74
■
*37
167a
39
89%
15%
.
1574
i
share
113% Nov
.11
Ref Corp—.
per
■
$3.50 conv 1st preferred—.No par
1
Hadio-Kelth-Orp' "urn ——
.100
61^ conv preferred—.
...
1.080
91
90'%
89%
*31%'
891'2
Bakeries Corp.—
Quaker State Oil
9.900
4
conv
Purlt-y
1.400
87a
15;%
,
5%
*
?ar
—100
—103
No par
preferred
preferred.—;
6%
2(J0
.
'
~na par
(Thei——
uu
400
■
79 3
'
*32
,
loa% 106%
*24%
24%
10%
32% '3214
33%
e
*37%
38%
38%
*15%
24%
*15%
;
106%
247a
'
Pure
79
8'4
■V
157 s
33%
33%
*32%
21%
16%
"
113%
*113
%u6%
lnc
Pullman
10%
.89
89
;3214
•
15%
16
*15%-
"16%
161/*
16
16
113 '/u
1
88%
/
-32
9,900
11,300
79%
-
*79
:
45%
24%
' 16
10%"
10%
78 %
8 %
:•
79
f
"
114%
45 la
113%
24%
24%
*15%
78%
10%
10%
"V '79
*113 %
45%
*106%, 106%
*106% 10638'
is
*13%
115%
4o%
,
pfd S3——No par
—No par
Pub Ser El & Gas
220
113%
15%
15% 7
*113%' 11314*
;
24%
24%-
I
•
.'/
.
Lowest
Highest
Lowest
EXCHANGE
Sharps
<>iinrP
T"""
45%
45%
15%
.>•
113%
*106%
113%
X
share
npr
115%;.
*115%
45%
t
share
ver
115%
45
15%'
15%
16
*113%
*105%
•
S
Mare.%
per
*115%
4574
1161
*115%
S
per share
Year 1943
Range since January 1
STOCK
YORK
NEW
for
the Week
Nov. 3
Nov. 2
Nov. I
Oct. 31
Oct. 30
Sales
Friday
Thursday
Wednesday
'Tuesday
Range for Previoy*
STOCKS
PRICES
HIGH SALE
LOW AND
Monday
Saturday
19 St
FINANCIAL CHRONICLE
Jan
33
July
12% Jun
27% Nov
35%
Apr
35 % July
8% May
J!
AND HIGH
LOW
Saturday
Oct. 28
Oct, 30
8
49
7b
*7 At
8
a
48%
48%
*774
7%
7%
'7%
'■
10%
10%
10%
10%
10%
IOAH
10%
10%
*11%
46 %
47
46
Ait
4774
47
477b
46Ab
47 Ma
47Ma
35
18%
17%
15
15%
15
*21 ft
19%
*115 74
*84 74
85
5%
*5%
G
57b
13
*1214
13
46
*46
46%
4
41
%
4
*27%
28 %
28
28%.
15 !,n
15 %
151%
15%
108 74
108 A-t
32%
3214
50
50
8Ab
:
49
6
6M8
6 Mb
13
*12%
47%
47%
*49
50
*49
8
46 AV
46 AV
4 74
47b
4%
'4
a
28
15 7V
157V
■
*28
15%
■
108:%
107%
32%
3 2 V4
327V
32 7V
327b
32%
49 %
50%,
503b
51
50%-
5074
*
2 3 >4
17%
*16 At
7V
17 7V
4%
97 74
97 74
*1074
■10%
10%
*1014
108%
108 Ab
32%
32%
51
50
50%
9%
24
24 M4
*17
17%
9774
4
,
97%
-.u; 10 M2
.
18'a
18%
18
187V
187 V
187V
1874
25%
25 7V
25%
25A4
25%
25 Ms
32
32
32 >4
32
32%
32
32 Tb
105 74
*103
105%
*103
105%
104%
105%
814
7%
7%
7%
It) 5
106 7 it
*10514
13
13%
12%
60
59%
59 74
1314
13%
13%
13%
80'-i
60%
106 3
./
*
3
*7%
106
*105
105
105
4
10 74
3.000
$1.50
pi
102 7V
300
$4.50
prior pfd-_———No Par
8 Ma
12%
12%
12%
GO
60
61
61
13 7 V
13 74
13%
1374
12 Ab
12%
12 AV
6174
61 Ma :•;•/
6174
61 Ms
13%
13 Ab
13%
14%
Dec
3
Mar
Am
26Aa
Jun
16
Aug 14
7
9AV
Jan
28
9474
Jan
33AV Oct
July
23 Ab
Dec
34% Mai
Jan
50
6Ab
Jan
Aug 17
18AV July 5
15%
Jan
11%
Jan
17b
Jan
25
57b July 10
74 Feb
4
Jan
4
99
3
11
Sep
3
69
5
12%
May
9% May,
;
Jan
13
3374 Jun
25
Nov
7 4Ab
6%
687V Jan
85/a Jan
14Ab Aug 21
67
July
24AV
Jan
99
100
574 Jan
4% May
90
Jan
26
-26 A a July 10
4
July,
1074 May,
25Ab July
167/b Apr
Jan
6%
Mar 25
:
20 Tb Jun
1
17
Jan
15% July.
103 74 May
40A4
25
5
28AV Jan
July,
22
20
1074 Jun
.
Co—————w——1
Coach
Twin
<•
10674 Aug 21
9
Sep 12
1087s Sep 12
preferred™,-——
l'/c
A
280
2.803
.
15
34%
5274 Aug 18
100
May
6AV May
Jan
17
217b Feb
pur
Sep.
,49
Jan
Feb
85
>ferred—-.—'No par
Jan
3
108AV Oct
3
Twin City Rapid Transit——No par
300
•
1057a
105
105%;
10574
12 74
■■■'■■:•■'■
,720th-Ceti Fox Film Corp—No
33%
Jan
13
a
15% Mar
4.300
Oct
9Ab
1%
8Ab Jan
14.400
95
Jan
874
3
18 74
Jan
4
26%
17 % Apr
12 74 Jan
3274
,
52
8
24
4-2
>
July
,
Jan
8 7
257a
18
:
Jan
43% Apr
25
Inc—
-5
Williams St'l—No par
Oct
Dec
8
16
33
3
Axle.—V——10
14
53 Ab
Jan
574 Aug 14
3
Bearing——No par
1
7 ; $6 preferred——--——No par
Truax-Traer Corp——V——No par
Tubize RaybnCorp——1
500
Jan
July 13
67b July 8
8
Feb
13
Tri-Continental Corp--——
120
'
Jan
2%
54
10074 Jan
32%
25 Ab
M.
8
7 Ab
1274
12 Ait
•
8
2
102%
2574
32
105 %
19
18% Mar
Transue &
20c
9.500
97 Ms
18%
25 %
*7 At
11
*7AV
1814
32
*103
*
*97Mt
1C%
25%:,
105%
:
4%
10%
97%
10 74
10 7V
Jan
4% Jan
Transcont'l & West Air
■
*
43
4974 Oct
Transamerica Corp
4%
Ma
19
,1374 Mar
17
17
4%
'67V
29
4
6.100
28% July
27
19
.$3.50 cum
July
13% July
Nov
27
13
2.100
18
Jan
16%
35
Oct
10
9%
24
Jan
,
Oct
Apr
25
Detroit
83/a
1
9AV Jun
Jan
Roller
Dec.
'
5
85
11% Jun
Timken
Apr
57V Mar
77V
115
32% Jan
Timkeh
45
■r
.
31
7
Products
2.800
;
33%
1
20
1
preferred-—-
2.200
f
6A4 July
41% July
Jan
92
100
-
24%
9%
9%
32
*
350
•
53A4 July
9% Nov
preferred—
N< par
Tide Water Associated Oil— -10
$4.50 conv preferred———No par
10.700
32%
25 U
*18'A
15 Ab
108 Ma
4%
*97
15%
32
17
4 Ab
28%
13Ab May
Jan
July 12
.58
—.•—-No par
Thompvson-Starrett Co——-No par
2.300
',
900
108
9Ab
474
4%
2874
15%
■50%
23A4
17
AV
*16%
97%
*96%
10 vv
23
22
4%
17
4!V
4 At
9Ab
23 AV
9%
9A4
2 3 A-t
23%
lf>:11
*107
9 Ait
9%
98
15%
preferred "V-VVV-V—t,,
Thompson (J R)
4Ab
Jan
3%. Jan
8174 Oct
—100
preferred
Thompson
1,300
8AV
417b
5
247V July
6
Co
5
10
July
27Ab July 15
4
Jun
Jan
16% Nov
13
Third Avenue Transit Chip _No par
'
8AV
Jan
'
574 Jan
$3 div conv
48
.
4
12 AV Jan
Thermold
'
41/4
28 Ma
it
5074 Feb
G'/c
900
;
13
47%
8 At Feb
1774 Jan
par
r
6M4
*12%'
13
*74
28
287V
*2774
157
*12%
13
46%
1
par
7%
50
*6
4
par
'
'
5%
*48
19
_100
—
'
2.500
Jan
3
377V July 14
19 Va Mar 16
.:
32AV Apr
.No
20
87b
8%
8%
8%
600
85
5%
35
6 Ab July
-No
117
85
12 AV
50 V* Jan
28
T'he Fair—;—.—— .No
60
97/a
*115%
Co.
<Thatcher Mfg Co--..——
$3.60 conv preferred—-
2.600
13 i.
15
14% Feb
Texas Pacific Land Trust-
Texas & Pacific Ry
56
*9%
85
108:%
9 Ait
*10 VS.
117
*8474
108 Mi
23'A
97V:;
574
46%
4 lit
41V
:
9A4
*115 Ma
85
574
*12%
4 In
-
9%
r
167
66.100
187a
1874
*54 Ma
13
Oct
8AV
474 Feb
.No par
" 2.200
:
'
*12%
.*9 V«t
9%
11.5 7b
'1874
"
-
4G
18 Ma
55
8AV
49
*48
.50
18 Ms
54 M«
8%
8%
8%
8 Att
*48
49
22%
2274
18%
547/b
9%
*
117
85
6,600
16
22 AV
*847V
117
8%
8A it
*48
15%
18%
9 Aa
9Aa
18 Me
*54%
18A4
*83
86
18%
16
22%
.
Texas
19
Oct
50.
♦
10% Mar 29
25
1
Gulf^Sulphur-—V—. ..No par r
__10
Pacific Coal & Oil-
Texas
12
'
44Ab Sep
—
Texas Gulf Producing
: 2.700
■
5
Corp
(The)—:.-—-
Texas Co
6.100
6
15%
22 Ab
Tennessee
Corp—-— ,——5
Telautograph
874 Jun
5
3
42
$ per share
—
7.200
35 Ma
18
167b
22
56
*112
115%
*85
21 At
18%
*54 74
9%
*8%
9 %
8A4
*115
21%
18 A-t
56
15%
:
sou
v
Jan
Jan
7
50
Highest
S per share
$ per share
share
lowest
s
Highest
4 TV Jan
6
(James)
partic preferred—.
574 %
900
'■■"•■:
■"
11
35
!,:■'■:
35
35
187V
177b
15%
'
Talcott Inc
'
320
;
.
47%
5Ab
6 7b
6 Ma
35%
34%
".:•
18%
143V
21%
18%
*54
57'
18
15 At
21%
2274
187 H
*55 TV
18
1
67b
6
57«
35 74
34%
35
34%
18 V»
5AV ;
5%
5-%
5Ab
*5%
*34%
■
774
48%
t per
Par
700
8
*43%
11
40
,
8
774
*7AV
8
*7%
48 3V
7 \/„
5(7%
"
48%
•
49
Shares
46 A4
*10%
6
AV
48
8
*774
8
49%
< per share
f per share
S per share
Lowest
EXCHANGE
the Week
Year 1943
Range since January 1
STOCK
NEW YORK
for
Nov. 3
Nov. '1
Nov. 1
share
8%
*49
8%
*8
'*49
f per
I per share
per shark
f
Sales
Friday
Oct. 81
Range for Previous
STOCKS
SALE PRICES
Tuesday
Monday
Monday, November 6, 1944
CHRONICLE
THE COMMERCIAL & FINANCIAL
1982
-
34% July
101
Jan
Oct,
9% Jun
Jan
<;77%
Jan
11%
Jun,
Jun
U
*59
118%
*117
*112%
11474
*112%
114%
At
18%
18 AV
18Aa
18%
109 At
109%
109Aa
109 74
110
100
100
100
100 74
28
28
118%
115
*117
18
18 At
100 Am
*99 Vis
■,
100%
28
*27 At
30%
*106%
32
32
31%
*22
*1177n
119%
22%
227V
22%
Alt
.
Va
1%
17 a
1V a
387
37%
37%
v
Ait
9
974
9%
10%
9 TV
67V2
68 A V
67
6774
10 As
10%
1074
10 Aa
1074
3274
32 TV
32 74
877b
*64 Ab
65%
2774
*26 Ma
27% ' •"■
105
*15%
7774
•
51
*6Ab
*3674
37%
3774
3774
7%
27A4
•'
9%
*45
*9AV
44%
48
148
,
' "
36 Ab
'
37
7Ab
28%
*111%
7Ab
8
37
*9AV
9%
9%
37%
*36%
4474
274
2
2
4874
48 Ab
48 Ab
14974 14974
149%
149%
48
48
4474
2
2MB
48
48
2 Ma
433/V
■
53
53
53
*72%
74
74
74
57%
57
5774
73 At
73At
132%
7374
2674
*25%'
26%
2574
*47 >4
47%
*4774
4 At
5
*'10174
101 At
3774
*36
36%
4%
74
•
48
474
4
15%
47 it
3774
7674
.
47/b
4Ab
*101 Ma
102 AV
15%
*15%
15%
15 Mi
-1
4Ab
102 AV
15%
15Ab,
5 7b
*173
—
17374
173%
18%
18 AV
12 Ma
12 Ma
*12 7V
28%
28 AV
AV
17Ab July
106
Oct
.
2%
Jan'
15%
57b
33% July 14
Nov
Jan
66
Jan
23%
Sep
Dec
9
Jan
38%
Jun
96
Jan
18% Aug 30
11% Oct
7
Jun
2% May
35% Sep
94 AV Dec
.
Jun
6974
x26
July
9%
•'<
Jun
35"
Apr
60% Mar
76%
Sep
16Ab
Jan
29% Bee
99
Dec
■
4
97% Jan'
3
Jan
75AV ..Oct
Mar 13
168
180
15Ab Oct
18
5%
Jan
7
51
30
39AV
Jun
:
Oct
Laboratories
3
8A4 Oct
Feb
110
574 /lor
'
•
10
3
113
24
>
9
Sep 15
7b Sep
10
July
6
27
4774 Oct
35% Apr
3
4774 Oct
18'
«.
874 Jan 25
:
.
'•
Feb
Feb
2AbJan
2
'
1
40
7
Inc—*- „ll
20
44%
July
42
Jun
3% May
46% Sep
Jan
130
Dec
Jan
Jan
62 ."•■■May
May 25
Jan
74
Nov
19
V' 637b July 10
59
Ab July
May 18
135% July
31*
,47'Ab Jan
5 7V Oct
Jan
lAb
Jan
56
13'%
Jan
9
'76
14 Ab Jan
37V Jan
4
'4
1
8
July
5
July
18 7b
5'
39Ab July
3
31
Jan
4
68
Apr
27
80% Oct
11
.100
162
Mar 20
173% Nov
2
,
,
-
juiy
Apr
v
50 Ab Aug
J'an
AV
3
101% Nov
29
42 74
4874 Feb 23'
2% Apr
4
; Jan 18
125
20% Nov
27A4 Aug 30
4% Nov
;
Jan
112
8
28
2AV Jan
.
377b May
»,
46
44% Apr 2"6
,
'
64%
xll93A Jan 27
22
Oct
Jun
101.
50% Apr
>
974
77% Aug 21
149 74 Oct
.
par
preferred—;***-—
25 %
Apr
Apr
87b July
'
Jan
A 54% July 14
13
22
•
7%
19%
114
61AV July 13
Jan
51% Sep
69
l
'---j.—No
29% Jan
2.9A4 Jan
32
Jan
"
■
'
130 :
•
8%. Nov
16
-
Jan
4AV Nov
5'
37 Ab Jun
—5
Jan
13% Jan
108
Oct
Nov
X42AV July'
-Jan
4
6
29Ab Nov
19
5
Apr
10%
44%
■
Jan
16%.Jan
Tob—*—No par
Leaf
30
43 74 July U
»
Dec
Jul J
18174
Dec
4
347V Apr 24
.100
Preferred
8%
19
59
3
Universal
v
99%
19
conv
Universal
13% May
>
Jan
10
-50
United Sto\(kyards Corp—,
United Stores class A—
^
V
Jan
v
U S Tobacco Co———No par
$6
Jan
974
40% Jan
preferred——. -25
Dec
'
5% Apr
'
4%
'
Jan
42
-50
& Mln—
100
•
.
8474
5
.Jan
170
1st preferred— .100
non-cum
374 Jan
26
Oct
,-1
Preferred
1%
Mar 28
70
;
2lAb Feb 17
88
Jun 27
12% July
107
4
14AV Jan
30-74 Apr
Impt—
No par
jCo_J_—*——***—. -10
hon-cum
9
21
-10
___..————:—:. ._10
.120
•
10
Oct
7Ab Sep
9
77b Feb
106
3
Feb
'
-11
preferred———No par
Universal-Cyclops Steel Corp—; —1
50
7A4
5
11
11% Aug 30
5
98 AV Jan
:
.100
U S Steel Corp——a——w*No par
300
173%
18%
173
.
6
26 74 May
par
100
7,-1.'
78
19
Jan
8
No par
A——*-No
500
37%
77
77
7674
Rubber
8'%
100
4Ab
4Ab
*36
37%
*36
77%
77
1
5
*4%
37%
4574 Apr
-
par
preferred—
U S Smelting Ref
Preferred—
800
:■/
4
5
38Ab Oct
874 Jan
Co——:
Leather
U S
7,100
4%
4A'a
4%
47/b
*10174
18
par
4U S Realty &
50
4AV
Jan
Feb
6
Mach Corp—.
S Hoffman
Preferred
1.900
48
*47%
101AV
*36
—-No
preferred—,u-——No
1st
U S Playing Card Co_
U S Plywood Corp—
3,500
26 Tb
17Ab
1274 Apr
U S Pipe & Foundry-—
20.300
26%
14
19
957V Jan
*
—
-100
Paperboard—V———;—10
"U S Lines Co
900
59 Ma
4%
*4A»
5
*36
"
.
Jan
3
31% Apr
preferred
•
1327a
101AV
15 A a
5%
Prior
2,600
74 Ma
U
174 Jan
20
Partic & conv cl
6,200
/
1
28
l7b July
114
Jan
3
41% Oct
pnn
5374
58%
48
Ma
49 Ma
132%
26
*471/2
4
12.900
14R%
747a
-
132%
25%
7
53%
59
587b
X132 7b
26
4%
74 Ma
74%
.
ne%
133 Ab
*4774
4 At
*
v»
26
4%
4%
*101%
*173
*173
*173
47%
76
76
76
75%'
75%
57a
*4%
5%.
*4 Ait
*36
15 Air
*1574
15 lit
*i5TV
102At
26 Aa
47 At
its',
4 At
•4 74
4%
4 "4
*4%
*101Vu
47 At
257 b
h'(
133
133
132Aa
133
132%
133
5d Vt
■bj'H-
■V'
18%
5
19
U S
600
48 AV
*14774' 149%
5374
53%
53%
53
53
2 Ma
7
148%
49 Mi
48%
'
14874
148 %
43 AV
1%
•
18
227V May
V
Jan
Jan
Jun
33Ab July
Jan
55%
May
•
5V2% conv preferred—*—. ._50
U S Industrial Chemicals—*~No par
>—■
■■■
,.
109%
61
Oct
Jan
13
22
'
.
16
Aug 25
Jun
114%
17AV Jan
70% July 11
28 74 Jan
U
1.000
37 Ab
*45
*44
44
44
*36 Ma
23
114
:
8
100
9%
'*9%
9%
37%,
4
Mar 23
20% May
110
1574 Jun
10
,
May
22074 Aug 18
preferred————
so
6.800
8 Tb
8
*45
48
'•
*45
48
*111%
8Mb
8
19
■
112
112
8
3674
974
*9AV
112%
102% Jan
Gas
600
>800
112
Jan
30
5.100
29 Ab
93%
2
20
11% Oct
"■
29
.
40
5"
$6
3.400
8
7%
7%
23 Ma
& Fdy——5
330
37% •■■■■'7.
37%
7%
43 AV
'57%
V
37%
51
v
50%
50%
51
,.■'•■
14%
28% Mar
Nov
32 TV Oct
U S Freight Co———No par
,_20
U S Gypsum Co—
.100
7 %
2,000
76
Jan
1
U S & Foreign Secur~ ;
1.300
180
*1474
14%
28 AV
*4674
274
76
180
76 M2
180
14%
*7Ab
"
*
75
14%
24%
x24 7V
9 0 74 Oct
7130
167b
6
12
United
5.500
10%
Oct
75% Jan
7
300
y
,
106
16%
16%
2874
44
4774
10%
*105 74
16%
51
*37
10 Ab
1G5%
7%
37
52%
52%
-100
;
29
Improvement Co.—1374
United Me itch & Mfrs Inc
1
5.100
6%
6
No par
United
13.900
41%
Jun
5
Cos-.,—.
United Fruit Co—
105%
10%
28 AV
48
2
48
148
974,
43%
2
1%
'
105%
180
50
37
10 Ab
7674
7574
*14 7 b
51
8
36 AV
.
*46
48
*44
417b
7
16%
*17874
14A4
miA-v 11274
8
3674
36
76 74
180
.
106
15 Aa
16
16
7
774
11274
77a
8
7%
41 Ms
105%
7
105%
67/B
4C%
105%
106
2874
28
*111%
112%
10 Aa
*105AV
37
774
774
27 Aa
10 Ait
105 AV
14A4
51
3G
40 Ab
40%
*1057V
United Engineering
2.500
12%
*674
Coal
Oct
11
34% Aug 21
—————100
Electric
July
97
Oct
11074 Sep
par
Dyewood Corp
Preferred
United
22 AV
102% July
102
6
No pur
•
2,100
88
12 Ab
7
United
1.400
32%
87%
*5074
51
*9AV
vV,:
preferred
Jan
18
Corporation———No par
$4.75
590
12 Ab
4074
7
Jan
24
preferred—-No par
United Drug Co———.—-—5
:.:,.■;•■■■, 200
Apr
11474 Oct
Jan
79%
Feb
xi 18
Jan
15 Ab
8074
225/a Apr
$3
6.200
■■
105AV
July
86Ae May
Jan
,
6
7
25 Ab Jun
No par
United
7,300
88
106
-
113
28
July
111AV July
,100% Feb
pat
Untted-Carr Fast 'Corp—,—.No
10%
12 Ma
76
14 34
14%
*50 %
*111 %
32%
x32
United Carbon Co—
67%
87%
*178%
*178% 180
14%
27%
327V
9%
10%
*66
12
1074
1674
76 A V
77%
180
*7%'
10%
32%
3274
105 AV
10 Ab
AV 106
105
16 At
*14%
67
10%
88
40
10
10%
*77
*178%
974
67
10%
11%
106
7 ;:
',
7
.
106
,
:
9 74
9%
_—No
Co
,11%
Dec
1
26
preferred——100
conv
14.000
15%
104%
J
•
104%
67
1074
5 ck
'
7%
10 TV
9%
*97V
*66
'
106
15 Ma
104 7/a
15 7V
1047V
JL-
y
Biscuit
United
300
32.600
'
37%tf,: 38
387b
15
*
*
1%
88
t.
100
,
4 74%
-k
200
27 Ma
IMa
1%
37 7/a
15
*1037b
174
s
*26Ma"
12
40
*105%
•
65 Ab
88 74
106
39%
40%
106
*6%
lAb
37 A
65%
1174
12A4
y
Corp—-5
preferred——100
10
preferred' —L-———-100
conv
Oct
20 Ab
,
59
Jan
•
92% Feb
United Air-Lines Inc
J.-.
87 AV
88
-
11 Ait
12%:
40
*16
32%
32%
87%
■■•■■'■'■■'A
;
'
—
-
70%
*105
65%
5%
115
5
Jan
8
1
14
United Aircraft
100
-
13.500
11874 Nov
1774 Sep
No par
Car——
19
93% Jan ' 3
preferred——100
non-cura
Union Tank
'
*112
*64Ab
147s
10
12 Aa
22 74
4%
10,900
.
'■
37 At
'
22%
■;.
*112
174
15
.>:■
23
*22 %
"
33%
119%
*118
11374
118 Ma
22%
•
37Aa
10 Tb
87%
109%
32%
337b
*2674
r
104
*108
31 AV
1097b,
1A4
14AV
800
31
74
31Ma
28
74
28
31
27 74
104
800
9P
98
119%
4.100
3
20
7
109% Feb
,
100
Pacific RR Co
42
x76Ab
26
82 AV Jun
Feb
.
113
Preferred $4.50 series— No par
California—a——25
Union
Jun
14% Nov
7
;
Union Oil of
100%
32%
22Ab
;
100%
*107%
*1177b
70
:
2.300
v
101
*10074
31%
*2674
37 Aa
1574
104
19
110
32%
*112
65
114
66
10
Sep
9% Feb
76
;
Uhion El Co of Mo $5 pfd—• No pat
109%
109%
31%:
10
110%
110
*10774
23
65
114
;X19
19
5.5Q0
119
113%
30 Ab
.
67%
32%
28%
1 %
•3774
s
*103 7b
105
101%
28
119 At
*22 TV
lAo
15
15
15
*103'/a
:
27 Ma :
*26%
27
*26 '4
65 %
*64%
65'4
*64%
*100
*112
*112
*112
110%
32 TV
31 AV
*11774
120
*117
110
A08
108
18%
3074
30%
108
31%
113%
18 AV
28
*27%
3074
30%
1091a
30 74
*106
*112%" 114%
18 AV
*118
119
*118
.Union,Bag & Paper—,—--No par
Union Carbide & Carb—No pat
807b
80
807b
80
118%;
118 74
118 74
115
*110
80 7b
79 3 V
80
79%
80 %
11.500
:
51% Jan
Under, Elliott Fisher Co—No par
•
'
79%
600
'
'
•
3% July
■}
■
■
3
■'
88
Oct
Oct
Dec
20Ab July
2% Nt v
6% July
597V
v
•41% July
Jan
Jan
30 %
150
75% July
165% Nov
25Ab July
No
V
12 7a
12%
12Aa
125a
127a.
12%
2814 i
28
28 TV
287b
28%
*117
%177V
18%
*12 lit
12 An
28
287V
28
*117
1177V
*117
:
11774
1774
18
17 At
17 7
a
14 7 V
14
147-4
*49
50 %
49
49
*75
80
*75
80
*70%
82
*76%
82
*23
24
22 A V.
23
*3 At
*11774
4
43%
*41%
363V
36%
*123'4
3.7 V
44
130
-
1177V
*18
18 Ab
14
147b
r
49
*75
82
*76 7V
23
3%
147b
49
78
23
14 7»
49
*76 7 V
22 3 V
3AV
3AV
54
54
54
118
118
-118
,
,
117Ab
*43
45 TV
*44 7V
45 7V
*44
*42%
4474
*42%,
4474
*42Ab
28
*117
117
117
18 TV
147b
14
.
Vanadium Corp
12%
1.500
Vah Norman1, Co—
28%
2.600
11774
14 MB
2,800
14
49
80
*75
80
*76 7V
83
*2274
23
700
3%
4
1.500
80
*73
82
*76M4
83
22 AV
*22 Ma
23
3AV
3AV
.
5474
5474
117%
*117 TV
■
3AV
;,yv
55 Ma
457V
*44
117%
45 TV
44 >4
*42Ab
45
10
2.400
56%
» 4*117%
55
117 AV
240
70
."
45
*42%
36%
363V
129 To
*12374
*361
•
36AV
*363V
37%
'a37%
129Ab
*12374
1297s
*123 Ma
*146
*146
'
:—
'
*146
"
*12372
*146
—.
600
37%
*37 7b
37%
134
129
•
—
4
Oct
20
Co
-6 74
11674 Sep
6
17% Oct
.100
30
—5
21% Jan
7
3% Sep
14
Chemical
6%
Va
El
div partic
&
Pow
Jan
Oct
20
Oct
51
5
1
TV Mar 24
62 AV
11374 Jun
52
37
7
14
17
Jun 21
120
38% Feb
43
33
Apr
102
Jan
„25
Virginian Ry Co*——
-25
6% preferred——
Vulcan Detinning Co———— .100
50
Sep
19
4
14
21
2574 Aug
.100
pref
Mar
115
July
155
5
117a
12
58 %
58
5117«
58%
12
%
*5774
12
5874
*57%
5874
5874
58%
12
12
12
12
104
29%
297»
297«
297ii
29%
29%
29%
29%
12
*29 AV
*104 At
1047 it
*10438
104-%
*10413
104 Ab
>10413
104%
104 176
12
11%
*59
60%
*18%
19
*8%
For
87h
*
197j
8 An
footnotes see
59
59
59
*19
page
87
a
19c3.
*19
574
59
*58%
59%
1974
*19
19%
8%
RVo
29 Ab
ti;
800
.
29 7 b
29%
*10413
104%
100
62%
1.400
59
59%
*19%
19 3 V
19%
15%
8%
8%
8%
8%
59
600
800
:
100
2,700
44%
Oct
Dec
51
Jan
65
57
Feb
67% May
2074 Nov
26Ab
Aug
Feb
Jan
6Ab July
39
Jan
68% July
27V
Mar
<
7
20 %
Jail
45"
Oct
Oct
3
27
Jan
40
Oct
297V
Jan
35%
Oct
July
Sep
20
80
Jan
110
Aug
6
113
Jan
159
Nov
.100
149
Feb
Jan
3
5974 Mar 13
Jan
40%
40
24%
100
No par
Walgreen Co
:
No par
474% preferred
100
Walker (Hiram) G & W—No par
Div redeem preferred—
No par
19
1274 July 10
7%
Jan
11% May
10% Jan
6
20Ab
Jan
28% July
—
w
58 7 V
587V
*57%
Oct
407b
Aug 23
36% Oct 20
125
Feb
3774 Oct
12Ab
120
17
85 AV July 21
pfd— .100
preferred—-, .100
$5
Va Iron Coal & Coke 5%
Jau
1474 Aug 30
.100
preferred—-
non-cum
Va-Carolhva
Jail
8%
2574
807V. July 27
-No par
5%
Victor Chemical Works-*
;
15%
25
15
11
4174 Jan
—-
5
137b July 11
52
Sep
5
119%-Jun 12
2374 July
12% May 15
6374 Jan
70
Feb
Preferred
-■,■
4
97V Jan
—6
Co—
'
4574
45
17 AV Jan
28
Vicks Shreve & Pac Ry**——— .100
Vick Chemical
200
*47
Van Raalte Co Inc„„V——— -10
7% 1st preferred—Rights common
Vertie.ntes-Camaguey Sugar
2.200
49
*47%
,
70
18 74
18 74
18%
No par
2,60
of Am
5.300
19
'
a
*12374
*146
*146
*117
18
78
5374
53
54%
118
18%
18
*47%
3%
3r,b
3 At
5414
*117
l8Ab
18%
18Ab
14%
18 Ab
18%
18%
Wabash
RR
Waldorf
preferred
System
Walworth
Co
474%
No par
26% Apr
1
1047b Sep
19
Feb
4
17% Jan
12
77V Jan
3
48
30% Oct
108
July 31
103
3
38
62 Vi Nov
Feb
74 Jan
15Ab
Jan
109
Dec
Jun
5474 Oct
18As May
9%
Jun
RECORD
NEW YORK STOCK
S
per share
*9
9%
•:
1%
53 %
12%
12%
12 %
::
'A
31%
30%
30%
*24%
25%
*24%
25 Va
*25
25%
24%
19
19%
19%
19
30
*29%
19%
30
*29%
*29 %
.
9
9%
9%
81
81l
24%
%
96
'A
107
99
29%
29%
5.400
Webster
1.200
Wesson Oil & Snowdrift.
81%
*80%
80%
80%
80%
81 Va
400
247a
25
25
26
2574
95 %
95 %
96
96
*96 Va
96
■
105%
100
-
•
23%
108 %
*107% 108%
*106%
108
33%
33%
32%
33
*4
Indies
West
Penn Electric class A—No
1%
107%
107'A
107 3A
109
100
100
100
100
100
101
140
West
11.77a
*117 y4
1177a
117%
117%
23'A
23%
23%
2374
*107'A
108 Va
*107%
32 3A
3274
800
'
33%
4
4
4
4 Vn
4
4
4
;
43 %
43%
42%
43%
42%
43%
42%
43 %
43
43%
43 Va
43%
7.600
26
26
25%
25%
25%
25%
20
26
26 'A
26'A
*2574
2674
600
104%
139
:
"
33%
33 %
*33%
30%
*29%
31
*29:%
30%
30Ta
*108%
109
*108%
110
*108%
109%
*108%
*105 %
106
*105%
106
*105%
106
*29
•
25
30%
'
*7
14%
14%
14%
%'■ 9%
9%
96%
96%
*12%
13%
14%
14%
9%
9%
9%
90%
12%
-
97
13
:
*124%
*124%
320
*124' '■>
*20%
21
20%
20%
42%
43
42%
43
74 %
■
70%
73%
1474
1574
■17,100
10
10
10%
4.600
97
97
97
9%
*123,4
97
1374
*124%
127A
12
$6
20%
20T4
*20%
21 r%
*20 Va
43
43%
43 VA
43 Va
43%
35%
75
.
35 %
75
v
3534
75
.
3 6'A
36 Va
37%
76
*75 %
76
79
79
*76%
80
82 %
82%
82%
84
84
%
*83 Va
*73
73%
74 Va
74%
73%
73"%
'73%
77
.
78
-
•
80
V8
Prior
700
Iron
6%
Wrigley
pfd 4%%
(Del)
(Wm)
%
34
33
33%
32 Va
33
32 34
33
32 Va
33
V
2.100
Yale
& Towne
13
%
13 V2
13%
13%
13%
13 3A
13%
1334
137o
1374
2V800
York
18%
18%
18-%
183a
183». i
18%
■18 Va
1874
1874
1.900
38%
39 V8
38%
3 8 34
387s
38%
105 3^2
105%
38' '4
38%
106
17
17
17
17
41%
40%
40%
41
5%
5%
5%
17
>40%
5 Va
*
and
•Bid
asked
-
5%
fin receivership,
prices; no sales on this day.
a
5%
5%
Deferred delivery,
'
6.200
n New Stock,
r Cash sale.
:
Transactions at the New York Stock Exchange
%
.
Saturday
—
—
Wednesday
!
—
Thursday
Friday
.
a-
—
——
Total
:
——
-296,150
>604,997
676,210
708,069
'
790,140
$2,972,800
4,627,600
5,819,900
6,131,900
6,591,800
$107,000
264.000
291.000
265,000
172,000
$1,000
9,000
2,000
11,000
7,974,000
229,000
•—
$34,118,000
$1,328,000
$23,000
Railroad
and Miscel.
Shares
a.
•
Tuesday
V;
..
a—
—a—a
Monday
Bonds
United States
Government
Bonds
Stocks,
2%
Jan
6%
Apr
3
5%
Jan
11%
Apr
37%
Oct
49%
Oct
22
Nov
24%
Dec
15%
Jan
24% May
31% July 10
28% Oct
2
19
81
Jan
100
July
144
Oct
4
120
Jan
136
Jun
Jun
24
31
Jan
40
July 21
108% Jun
110% Aug
22% Nov
106%
4
.
..
..
.
v
Total
Bond
Sales
■
1943
1944
4,007,860
$23,000
,
52
Mar
60
Apr
Jan
99
Oct
18
Jan
24% July
84% July a4
58%
Jan
7 L Via July
15
Jan
20
13'A
Jan
22% Aug
Jan
July 18
9% July
7
9% Apr
86
Jan
27
2%
Jan
6% July
5
2%
Jan
9%
Feb
3
20% July
3
4
40
11% July 10
27%
9%
14%
33%
i
96
13
par
4%
5
125
Sep
Sep
86 Va
Oct
Jan
11%
Apr
115
30
Jan
121
Dec
6
17%
Jan
24% July
Oct
11
30%
Jan
42 Va
Nov
3
16Va
Jan
25%
Oct
80'A Nov
3
44%
Jan
54
Jun
Nov
2
46
Jan
57 Va
Jun
87% Mar 14
78%
Dec
1
58 Va
Jan
36% July 17
15% July 20
21%
20% July 14
~7%
42% July
5
30
Jan
41% July
30
82
Jan
98
No?
Jan
16%
Jun
July
80
74% Nov
25
Jan
3
Apr 24
Jan
6
Jan
3
Oct
106
9%
18% Aug 30
6% July
July
108
Apr
70 Va
Sep
Jan
31%
Sep
Jan
17 % July
19% Jan
44% July 12
3
19
37% July
Jan
4% May
2
5
y Ex-rights.
x-Ex-dividends.
-"
f':%
•
Exchange
Stocks
(Number
of
Bonds (Par Value)
Foreign
Foreign
Government
Corporate
'
Shares)
Domestic
102,695
Monday
187,915
$243,000
403,000
549,000
224,855
_
$2,662,000
$117,000
240,650
-
Friday.
—„
Total.
437,000
506,000
524,000
209,630
225,270
Wednesday—
Thursday
$2,000
17,000
64.000
25,000
9,000
1,191,015
Tuesday—'
$35,469,000
$79,600
,
1943
1944
Stocks—No. of shares..
——
—
—
Domestic
$2,882,375
$5,122,800
1,328,000
Foreign—
—
9 Va
Jan
9
44%
6
Apr
Oct
Jun
38
24
Mar
Apr
57% Jan
18
14% July 14
3% Jan
wdWhen distributed.
Oct
97
Oct
Jan
x20%
13
30% Aug 29
14
Jan
2%
5
5
87% Oct
27
Jun
7 Va
1,191,015
;
,
971,785
•
Total
12,000
$248,000
407,000
572,000
503,000
531.000
545,000
$27,000
$2,806,000
$5,000
2,000
6,000
2,000
Jan. 1 to Nov. 3
1944
58,105,847
1943
62,995,882
Bond*
—
Railroad & industrial.——:
Total.—
Jun
85
Saturday—!
$3,079,800
4,892,600
6,119,900
6,398,900
6,774,800
8,203,000
•
-
Bonus
U. S. Government—_
112 Va
July 17
77
33% Jan
Week Ended Nov. 3, 1944
Jan. 1 to Nov. 3
.
1944
• 1943
216,023,898
244,639,324
Week Ended Nov. 3
3,805,906
Stocks—No. of Shares—
Jan
July
29% May
106% July 13
Week Ended Nov. 3
,
Dec
5
Transactions at the New York Curb
:
Oct
S(!D
31%
6% July
1
8 Special sales.
16%
110
53% July 10
Jan
3
Jan
4
Jan
5
Jan
5
69% Jun
8
53
Apr 26
:v
Foreign
Bonds
3,805,906
.
Jan
Daily, Weekly and Yearly
730,340
-
/■? ■■■•■■.
.
Week Ended Nov. 3,1944
'
'
Number of
V
Jan
19
Oct
Jun
16% July
.-No par
Daily, Weekly and Yearly
\
.
103
Oct
87%
Ii9
32'% July 10
1
No
Jan
11
13
36%
20%
47%
49
.
23
Door
11%
July 10
35% Jun
19
10% Jan
par
Mfg. Co
Zenith Radio Corp
Zonifce Products Corp.
1.000
5%
23
108% Sep
123
Sep 25
19% Apr 27
Youngstown Steel
40%
40%
41
41
o:
5%
5%
Jan
Jan
80% Jan
.
800
1774
*17
177a
Jan
104% Aug 25
No par
Youngstown Sheet & Tube—No par
5V2% preferred series A—
100
6.000
105 Vz
57
103
7
8
8
280
i,
3974.
39
105 VA
VA 1057a
*17
41
41
41
5%
17%
*16%
17%
*105
3
18
17
Nov
3
Young Spring & Wire
105% 105%
No
Corp..
18%
105%
Nov
118% Sep
32
6
No par
(Del)
Jr
18%
33%
99
101
4% Jan
series
33
106
Jan
13
24
10
13%
*38%
67%
5
Jan 26
x64% Jan 24
10
Co
33
*18%
Oct
29 % July
pfd—100
Co
13%
*105%
Aug
109
22
10
Co
33
0
Dec
85
7
100
Prior pfd 4 % % Conv series.—100
Wright Aeronautical
No par
•/120
7374
84
20'A
jan
4
1
Co
Worthineton P & M
700
80
v79
*80%
767a
73%%
Jan
50%
7
No par
Woolworth (P W)
1.300
i,
8%
Oct
Feb
No par
6.800
80 V*
Nov
97
Jan
5
Motors
4.500
38
80
26
Feb
par
.
preferred
Woodward
200
21
43%
37%
«
.....
Wisconsin El Pow
'
42 3,4
Co
Wilson-Jones
1,100
%
*124%
79%
18
20
Wilson & Co Inc
900
.13 VA
12 34
74
124 Va
Oil
8% July
26% July
Jan
20
1
No
preferred—
Sep
Dec
July
Jan
1
Willys-Overland
'
*
AA-
Wilcox
700
15%
14 Va
9%
97
Prior
/
7Va
7%
..
.
26
Jan
20
White Sewing Mac.h Corp
$4 conv preferred
160
"V
7Va
7 Vs.
1474
■
97
21
4234
82 %
*80
•
'•
*20%
35
34
7%
9%
14%
73%
8474
*29
3
No par
(The S S)
Jan
20% Feb
7
66% Jan 28
100
No par
prior pref
conv
17%
Apr
2%
Feb
59% Feb
97% Jan
.—100
...
White Motor Co
3,900
8%
*82'A
307a
9%
7 Va
81
3%
84%
*29
8%
14%
7 Vn
75
8 34
*82 y4
30%
8%
7%
7 %
35 %
Va
8 4-'4
*29
preferred
conv
20 Va
17%
105% .Jan 12
101J/2May26
.
23 Va
Jan
69
25% Jan
.
No par
^No par
White Dental Mfg
200
*82%
8%
$5
2.800
307a
7%
*7%
20%
83
8%
83
preferred.
preferred
Wheeling Steel Corp
450
81
253%
*20
25%
5Va %
110
4,800
3074
81
20%
$4.50
$4.25
Wheeling & Lake Erie Ry
104
3074
80
25
-
30
110
/%
No Par
Jan
12%
Oct
36
32
12.50
Westvaco Chlorine Prod..
68
104
3074
20 VA
*29
70%
*.80%
80
*65
68
10474
30 Va
80
8%
81
*104
30 3/8
20%
30%
*72 «/a
*65
104
30
247s
84%
*75%
68
104
243A
Va
74%
*05
*19%
*29 '
35%
106
79%
*82 Va
12%
109'/a
106
24%
8%
12%
105 %
IO6V2
20'A
30 Tii
97
30%
108%
24%
84%
*96%
*30
30 Va
Elec
Instrument
Weston
600
.
15%
19
"
3
1
x91
Feb
.' 127% Mar
50
50
600
31 Va
106
20%
8%
8
3 3 74
IC8V2
79
*82%
7'29
20
*32%
20%
24
24%
Wastlnghouse El & Mfg
1st
partic preferred
79%
•
*19%
20 %
24%
3,200
24%
79
79 %
79%
*20
29%
29
29%
.
4.300
140
106
29%
70
29%
2874
105%
*137
10,9%
105%
104%
*64%
*104
104
"104
104
104
70
*64%
70
*04%
■
32
33%
277a
X105V4
No par
32%
Apr
10
22 % Jan 20
21
Apr 24
..No par
1
Westinghouse Air Brake
28%
*137
33%
Class B
'
Ry
2nd preferred
140
33
,105 Va
140
Maryland
non-cum
106
28%
105
104%
*139
33%
*33%
307b
28%
28%
.
140
*139
33 Tit
30%
28%
104% 105
1047b
139
104%
28
28%
28
28%
28
41
4%
15% July
Dec
7%
10% July
16'A Jan
4
Feb
1
26% Apr 25
3% Jan
7
7VaJan
3
Western Union Teleg class A.A'o par
Western
400
July
Jan
22
27
83
103
800
10%
*136%' 139
No par
100
10
100
100
4Va
10%*
*104%
Pap Co
preferred
Auto Supply Co
May.
2% Mar
56
Jan
25% Jun
Jan
851/2 Jan
113 :i4 Apr
.
pfd—.100
Western
llVa
*10%
12
*103A
6 7c
6
3
26
Jan
6
Feb
9
Jan
3
13
Jan
26
Aug 23
31
96% Feb 16
100
4% %
Penn Power
2.100
33
*4
47/a
4VB
10%
10%
12
*10%
10%
10%
34 %
par
1100
;
West Va Pulp &
108'/a
32 3,4
23 %
108
103
*33%
Corp.
preferred
preferred
6%
60
Susar
1
West
470
9774
,
22 Va
77
IS1/*
83
No par
28.200
26
25
Jan
G7ti Jan
23
par
No par
$4 conv preferred
200
*23
23%
*23
23%
23%
*80
107
*117%
*117%. 117%
1 -17%
*
107
106%
*99
20 % Oct
No
9%
237a
25
1514 Apr 25
1
Eisenlohr
9V2
23%
95 Vu
July 10
33% Jun
Wayne Pump Co
300
29%
9%
23%
24%
15
22% Feb 14
22 Va Apr 25
5
9 Va
*80
•
11% Apr 24
No par
Lt Co
23 Va
*107%
33 %
*29
%
May 18
Waukesha Motor Co
9%
100
*23
Washington Gas
900
23 %
108
117%
117% 117%,
400
193/a
9%
*98''2
.
24%
19'%
19%
23 %
107 %
107
99
*24 Va
24%
'
5
No pur
Pipe
9%
25%.
'
Fdy &
23%
96
24%
96
24%
Bros
Warren
19
%
29'A
29
30
Warner
100
Highest
$ per share
4%' Jan
2% Aug 21
62
Pictures
7.800
9%
23%
80%
80%
23%
1274
1274
t per share
11% Mar 31
8
Jan 27
TVs Feb
9
45
Jan 27
No par
No par
B
preferred
23%
9%.
'A
23 Va
*23
96
19
$7
31
123A
31%
25
*19 Va
19
Class
400
*30
12 V2
24%
*30 %
50
Baking Co cl A
900
'
55
*30 3A
31
*30
30%
Ward
174
*1%
*54
$ per share
f per share
Par
9%
*9
13A
54
54
Lowest
Lowest
Shares
9%
*1%
.
12%
12%
12%
12%
*30
1%
54
*53
Year 1843
Range since January 1
Highest
STOCK
YORK
EXCHANGE
the Week
$ per share
per share
*9'
9%
*1%
1%
54
*53
Nov. 3
Nov. 2
$
per share
*9
9%
1%
.
53%
12%
54
*52%
1%
1%
per share
*9
9%
*9
1%
$
per share
$
NEW
for
Sales
Friday
Thursday
Nov. 1.
Oct. 31
Oct. 30
Oct. 28
$
Tuesday
Range for Previous
STOCKS
SALE PRICES
Wednesday
AND niGH
LOW
Monday
Saturday
1983
COMMERCIAL & FINANCIAL CHRONICLE
THE
Number 4331
Volume 160
1,890,500
89,597,000
102,146,600
34,118,000
42,659,600
2,157,964,900
2,779,177,800
$35,469,000
"
...
—
Foreign corporate
•—
$2,806,000
Total
$44,629,700 $2,252,684,700 $2,884,206,775
Stock And Bond Averages
Below
listed
on
are
the daily
closing averages of representative stocks and bonds
compiled by Dow, Jones & Co.
the New York Stock Exchange as
-Bonds-
-Stocks10
30
20
15
Indus¬
Rail¬
roads
ties
Date—
trials
October 28_
146.50
■1
First
Second
Indus¬
Grade
Grade
Stocks
trials
Rails
Rails
ties
Bonds
106.86
110.56
84.16
109.09
102.67
52.82
10
Utili¬
Total
40
—
41.45
25.45
146.28
October 30
October 31
•
10
65
Utili¬
10
Total
'
41.30
25.37
52.70
106.89
110.59
84.21
109.07
102.69
146.53
41.59
25.40
52.86
106.97
110.47
84.47
109.27
102.79
110.49
84.61
109.09
102.79
November I—u
146.73
41.66
25.67
.:
52.99
106.97
November 2-:-
147.53
41.95''
25.80
;r 53.29
107.01
110.51
84.63
109.03
102.80
:i 53.22
107.00
110.56
84.61
109.00
102.79
November
147.16
41.98
25.84
$2,662,000
.117,000
27,000
Foreign government
$4,114,000 $147,133,500 $187,966,000
97,000
14,000
8,685,000
1,161,000
11,581,000
1,197,000
$4,225,000 $156,979,500 $200,744,000
Monday, November 6, 1944
FINANCIAL CHRONICLE
THE COMMERCIAL &
1984
'
'
I
BOB
Bond Record
Mew York Stock Exchange :/7.7;77;:
«»
friday
khttpp
«™an7
th.
"t5ide
when
thTreeula?"eeklr
ranBe are shown In a footnote
the column headed "Interest Period" Indicate in each case
The italic letters in
of
Last
Interest
Exchange
S.
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
110.19
103.30
*109.29
109.30
*103.22
103.24
__
*110.11
110.13
—
MS
*111.22
111.24
—
*101.30
102
__
J-D
J-D
1
__
M-S
M-S
J-D
,
—
106.1
*105.31
.
3
106.14
106.14
M-S
*106.28
106.30
—
M-S
*103.27.103.29
—
MS
*103.23
103.25
J-D
*100.16
100.18
,_/
J-D
-
—
5
100
100.12
1
.Mar
2s
—.—Dec
2s
;
Jun
2s_—:
Sep
2s—,——Dec
2s
—.March
Treasury
Treasury
Treasury
Treasury
rreasury
2s
Treasury 2s
Treasury 2s
Treasury 2s.—
Treasury l3As—
Owners' Loan
Home
serlM
1 Vas
19481950
19481951
19491951
1949-
*103.23
103.25
102.1
M-S
100.9
—:
.
1
29
No.
30
—1945
56
58 yt
1957
92
99%
_ly58
1950
F- A
*98
99%
92
99
J-D
*101
101%
1951
Df-8
*90
1977
M-3
s
w,
25-year
3s
3s
30-year
100.18
102.8
3s
106.18 107.11
100.20
100.2
A
Carlsbad
AChlle
(City)
(Rep)
*104.11
—
J-J
'
M-S
104.13
101.27
*101.14
*106.6
*100.21
100.22
*100.21
—
100.23
100.12
5
101.8
100.12
M-S
J-D
J-D
—
J-D
—
—
—
*104.30 105
„
__
101.14
100.21,
a6s
A 6s
A 6s
J-D
100.28
100.28
—
A
e.113%113%
113%
J-D
108%
65
114.,
.,1945.
A
External
A
External
AExternal
External
A
AExternal
(City) external 5s
(National Government)
AAntwerp
Argentine
.
1958
'v';.
;
5
r-A
'
A-O
;
"'J.;..'
103 Ye
1041a
J-J
"103% 103%
101%
105%
34
J-J
.
A-O
'
'• <'•+
external 6'/2s
s
A-O
f 7s
lABrazil
A-O
NY
1942
AExternal
s
7 7 *j
—Feb
Stamped pursuant to Plan A
(Int reduced to 3.375ft)_
s f 6y2s of 1927
1979
1957
A
Stamped pursuant to Plan A
(Int reduced to 3.375ft >—'—1979
7s
(Central Ry)
1952
5ft
'
35
17
35
35
30'A
.16%
-a-—'
1
34
16%
30%
;
56%.
95
;
7
89
98%
93%
36
89
90 Ye
;
90%
54
82%
93
90'A
11
82%
92
93
101'
.92
'
-
,
101
90 y8
100%
100
34
7
_
9
96%
.
1
r
99%
18%
18%
19
19
1
A-O
18%
18%
4
16 V8
—1963
M-N
19
19
1
17%
1963
M-N
18%
36
16%
17
18%
17%
*"%■
16
18%
;
17%
1961
J-D
6%s
1961
—1961
J-D
7 60%
60%
J-D
A-O
•*
58%
v'"7 58%
'
-,J-;
,
A-O
'
\.
M-S
w.
1947
1946
1977
—1953
50
;
J-D
58%
56
58%
47%
2
12
No.
1
3%s
Series
No.
1942
1964
part paid
part paid
1968
(Republic) s f 6s series A—1952
Irish Free State extl s f 5s
:660
AJugoslavla (State Mtge Bk) 7s—1957
AMedellin (Colombia) 6'/2S———,1954
Mendoza
(Prov) 4s readjusted,—1.1954
to
5, " 1942,
Nov.
agree
56Vz
AAssenting 4s of 1904——
.,.1954
AAssented to Nov.; 5,. 1942, agree
63%
AAssenting 4s of 1910
61
61'A
5
49%
58%
3
56
59%
82
77%
1
57%
79%
108-
to
,1945
5,
Nov.
SATreasury 6s of 1913
AAssented
: 64%
21
6
29%
104%
104
104%
*77
59%
;
13
85%
85%
82%
75
89%
71%
2
82
82
82
59'%
69
80
85%
85
F-A
A-O
112'A
152
79%
*75
85
108%
104%
139%
*149
,
108%
100%
73
109%
104%
33%
<
103% 108
2
108
*106'%
11
67%
:
89%
84%
QO
MS
*1'00'%
92
A-O
*100'A
86%
100 y8
85
100%
84
101
'
1
A-O
M-S
*100%
A-O
100
100%
A-O
*100
'100%
J-J
J-D
30
51
*46
45
101% 105'A
*105%
100
to
Nov.
20
14
14
'
38
100
14
1942,
agree
a»s»nt_—1933
5,
1942,
,
i
95'/a
1C0'/a
98%
100 y»
'12 '/a
19
*16 1
17%
32
32%
16%
33
*96
A-O
J-D
97%
88
98%
10%
11%
9%
10%
32%
J-D
M-N
*10%
11%
*10%
"q-j
*19%
*17
Q-J
.•16%
1-5
21%
"19%
75%
97
*96
M-N
16%
25
16%
17
17
A-O
*ioy8
*
—
'
h
14%
16%
13
10%'
11 %
•
:9%
*17
*19'/a
agree
14'/2
18%
16'/a
15...:,
16%
18%
,,
10%
14%
13
19
10%
*14
7-j~
17%
16%
*14,
7-j
1
7
—
*-
.
AAssented
J-D
41%
41%
11
'
56 %
56%
42
80%
29'%
J-J
47%
%'
"
77%
'
„
A-O
2
56 %
34
36
'
A-O
1952
34
6
41
'
A 6s
A Assented
—
.
J-D
58%
.7;':
'
•
58%
54%'
61%
54
61 %
"4
54
61%
5
54
+
A-O
;—
■
:;*55%
58
External $ bonds of 1944 (Plan B)—
Series
1945
59%
"56'A"
51'A
Greek Government—
63 %
'' "•
69%
39%
*106
(Rep of) 8s ser A.1951
69%
57%
48%
80
J- J
A4%s stamped
65%
57%
70
68%
*40%
F-A
5%s
1955
4%s
1962
lADomlnican Rep Cust Ad 5'/2s—1942
§Alst series 5%s of 1926
—1940
§ A2d series sink fund 5%s—_ 1940
Customs Admin 5%s 2d series,,,1961
5',4s 1st series—
;
—1969
5%s 2d series,
—1969
AEstonla (Republic of I 7s
1967,
French Republic 7s stamped
,4—1949
7s unstamped
,1949
26%
34
M-N
gold
17%
25
16
*4C%
J-D
5%s
14%
8
41
...
'
—
MS
4%s
1949
1949
7s
2
68%
41
M-N
of)
2
*68
J-D
(Republic of) 5s of 1914
17%
16%
i7y2
48%
M-N
56%
funding bonds of 1931
Stamped pursuant to Plan A
(Int reduced to 3.375ft)—1979
3%s
A-O
58%
56
'
—
assented—
.,..1943
A Assented to Nov.
5, 1942, agree
A Mexico (US) extl 5s of 1899 £—1945
A Assenting 5s of 1899
——1945
'
'
A-O
\
—
J- J
Mexican Irrigation—
.
59'A
7
'
; •
533/4
A-O
1953
1951
18%
18%
18
16%
24%
A-O
102
.
15%
15%
■
17%
25
1901
1901
1952
(Rep
~6
18'%
18%
16%
1970
Oct
Jan
bonds
18%
16 V
17%
'
17% '
J-D
1901
19
17%
17%
M-S
19'A
19%
17%
*16%
M-N
i960
(City)
17%
17%
Af-N
1963
;
f $
"a
18%
—1962
56'A
-■/ '-it e
^
A-O
58%
,
17%
A-O
I,''1.
—I960
6s,
106%
22
61'A
(
■;
'
•,
17%
*16%
17%
A-O
r
17
*16'%
J-D
.,—1961
100 %
"
*104
;
17%
19
17%
*16'%
J-D
101
'
J-D
18%
J-D
1957
Haiti
102 y«
18%
•
,1957
A7S
,
s
98
100%
*100'A
'
101%
-
88
44
96%
,
...
19 '/a
19
A-O
"
2
95
92%
-
|
.
11
29%
93'/a
101'/a 101'/a
7
1
31
/
"
I
42
20
16%
1
y-s
5s
External
20
16%
17%'
11
—1962
F-A
wks
19
16%
1947
Public
18%
19
19
—1962
1928
Czechoslovakia
18%
Sep 1961
External gold
31
96%
;.
.
|
35
100%
J-J
17
1
/?•: V99% 100%
ioo
M-S
:■
5
34
17
90'/«
M-S
ee y2
34
99% 100
90'/«
.:
60 y2
66 y2
29%
93%
J-J
50 y2
86
60
18%
M-S
sink fund 6s_
loan
19'A
20
18%
18%
1961
(Hukuang Ry) 5s
(Republic of)—-
Rica
33
F-A
Sep
1927
Costa
19%
16%
J-J
assented—
s
19
18%
18
18%
j.j
;—
fund
of
16%
6
16% ,19%
1961
6%s assented
of
6
19
17%
1901
sinking fund 6s
external
18%
18%
A-O
1961
ASinking fund .86 series B
lADenmark 20-year extl 6s
53
16%
ioo
"
Stamped pursuant to Plan A. 4
(Int reduced to 3.5ft )—1978
19%
18%
18 V*
F-A
.Jan
,4%s
17
'
•
■
A-O
•
AExternal
A-O
.—Jan
f bs
s
assented—
External
30'A
7 „/.7
F-A
1951
f 6%s of 1926
M-N
45
18
■'
1961
J
1-1693
60
34
'
;
M-N
(U S of) external 8s—,1941
Stamped pursuant to Plan Aft •.
(Int reduced to 3.5 ft )——1978
23
external debt
Sinking fund 5%s
a
*33%
'
•
,
■'
•
7>
■
J-D
—1955
1955
f 6s
s
*17
1900
Chilean Cons Munic 7s
Cuba
Teletype
*29%
*
'•
.
•'
M-N
External
M-N
18
45
1942
AColombla Mtge Bank 6%s
34
>
7
'
•
1956
1949
External
*21
I960
assented
A 6s
*29%
'
""
••'
J-J
M-N
Belgium
J-J
—195*
A6s assented
3s
34
34
J-J
—
■eternal g 4%s of 1928
103%
1958
25-year gold 4'/2s
*67'/a
'
J-J
f conv loan 4 Vis
S
103%
101%
106
15
AGuaranteed sink fund
*60
——
Af-8
1948
.—1971
8 1 extl conv loan 4s Feb
1972
S f extl conv loan 4s Apr—1—1972
Australia (CornmonwTth) 5s of'25,1955
External 5s of 1927
—1957
S f external 4'/2s
106%
101%
102% 102%
103%
fund 6s_—Feb
A Guaranteed
A
f 7s aeries B
104%
102% 102%
M-N
10^%
AExternal sinking fund. 6s
(Colombia)—
1945
s f 7s series C
1945
s f 7s series D
—1945
s f 7s 1st
series
1957
sec s f 7s 2d aeries—1957
sec s f 7s 3rd,series—4957
s
106
J-J
102% 102'%
assented
AExternal
/
A
AExternal
J-J
104% 104%
assented—
A 6s
Municipal
AAntioquiw (Dept) coll 7s A
110'/a 110%
110%
110'-.j
J-J
AExtl sinking fund 6s
101.16
—4 401.5
*101.12
*100.19
J-D
Broadway, New York
1947
1948
.1968
108%
J-J
8s
sinking
ARy external
101.6
Wertheim & Co.
4s
A-0
1953
assented
10149
101.20
100.21 101.10
100.5
100.28
100.16 100.19
100.9;. 100.19
101.8
101.16
Members New York Stock Exchange
fund 6s
61
1948
assented
AExtl
—
——
*101.20 101.21
MS
,
101.26
—
J-D
MS
104.8
101.26
—
101.23
*101.22
:
104.8
—
A 6s
Copenhagen
(King of Norway)
62%
50
15
ASinking fund 7s of 1926
ASinking fund 7s of 1927
sink
*58%
8,
15
A7s assented,——,
Foreign Securities
AGtd
88 'A
J-J
External s f 7s
A 6s
AGtd sink fund 6s—
86'A
73%
83
AExternal sinking fund 6s
Colombia
Akershus
73%
80%
82%
—Jan
—:
—
A7s
A
87%
10
80%
Jan
—
AChinese
Govt.
86'%
72%
—Jan
2%s
3s
A
Foreign
72
11
AT-N
A6s assented™
Agricultural Mtge Bank
39
81
80%
,,—1984
A6%s assented,—
120
80%
80%
;
1960
1961
——,—1967
—1968
3'AS—
30-year
V
REctor 2 2300
95
79%
30-yr 4s
(Dorn of)
Canada
t-——
101.31 101.31
*101.25
J-D
..
Telephone
102
F-A
A-O
f $ bonds
s
95%
90
——1975
f 4y2-4%s
external
55
52%
98%
f 5s
s
55
59
:
f 4Vij-43/8S——
s
ASinking
1980
59%
55%
?96%
stamped
3ft
City
Issue—
Corporate Stock————__
a
58%
*52%
—,1976
readj 4%-4%s—,——1970
Transit Unification
3%
a
59'
54
*52'%
AChlle Mortgage Bank 6'/2s
1947
58 3
59%
11
54
Af-3
i
External
Corp—
York
No.
Series
External
107.3
102.8
__
55%
54
■
1949- 1951
—.,—1953- 1955
—June 15 1848
M—
New
100.16
*101.31
__
J-D
—
2s„,—
Treasury
106.25
.
MS
1950- 1952
1952
-Sept 1950————1951- 1953
-1951- 1955
.,—1952- 1954
Treasury
102.2
*106.23
,4
J-D
1950
—
2s—.,
*102
100.16
1
J-J
Series
External
100.11
106.9
105.5
60
54
*52%
Refunding s f 4y4-4'/2S
100.14
100.12
„
54%
54
28
A6s
100.16
400
100.2
*106.3
1947
2s—_
Treasury
M-S
J-D
-54%
53
*52%
Sinking fund gold 5s—
Sinking fund gold 6s
Buenos Aires (Province of)—
/
55%
54%
27—
No.
(City)
High
100.17
—
M-s
No.
Series
3%s
100.12
4
;
r;
Series
Brisbane
low
*52%
25,,——
26—
3%s
106.14 106.31
107.7
107.7
103.29 104
10347 103.22
100.
100
100.3
No.
January 1
55%
54%
3%s
111.15
100.11
L—'
100.3
100.2
-
.•■•■
No.
Series
Range Since
Sold
No.
*52 %
3%s
109.12
3
100.3
400.3
J-D
J-D
■•,■1
V
.100.7
*100.5
v
—
,
Scries
Bonds
'55%
*52'/a
•
No. 24
3%s
111.13
111.7
112.6
111.7
102.28 103.9
106.16 106.24
111.14
102.14
M-S
J-D
—
'111.12
*102.12
„
__
No.
Series
3%s
106.24
111.9
—
111.8
*111.6.
__
J-D
J-D
1948
111.8
*111.6
Series
Hi?h
*52
22
23
3%s
103.11
106.3
Series
3%s
112.13
102.3..
1
No.
No.
Series
3.%s
111.11
108.19
,ii,
,
108.19
108.19
M-S
2»/2s——19491952
-19501954
Trea^ury 2'/2s
———.,,,1952- 1958
Treasury 2'/2S__,___——.—19561967
Treasury 21/as
1962
1968
Treasury 2%s —-——1963
1969
Treasury 2I/2S——
June 1964
1969 /,
Treasury 2%s
Dec. 1964
1970
Treasury 2%s ———-1965
1972
Treasury 2 V2S—
—19671953
Treasury 2'As_,__—_——.—1951Treasury 2'As.——.
—1952- 1955
1956
Tre;»mry 214s
—.,__,__1954Treasury 214s
1956- 1959
Treasury
3*/4S
104.20
111.16
__
*105.29. 105.31
,
J-D
104
110.9
(Continued) —
21—
—
1
'
.
2Vis
Treasury
105.18
109.28
*103.28
Jf-3
1953
Treasury
104.3
—
—
1945
2'/2s_,.—-—2'As
Treasury
—
„
104.6
•
—
Treasury
106.9
100.17
*104.4
J-D
(Continued)
External
$ bonds
100.29
105.9
*100.15
l-O
—
Treasury
100.25
—
Lout
Brazil
111.23
109.31
M-S
;
—1944 1954
--1946 -1958
•1949
3'/a5
1946■1952
3 Ves__—-^1949■1948
3s
,19461955
3s—
—19511960
27/aS
—19551947
2%s—
,19451951
2%s
—19482%s„
—,__,,__1951- 1954
1959
2%s
19561963
23/4S
—19581965
2%s
-1960-
Treasury
110.10
*109.2.9
Sale Price Bid & Asked
Period
High
bow
No.
J-D
1992
1947
4s—,,,,,,
Treasury
High
Last
Interest
Stock Exchange
York
New
Week's Range
or Friday's
Friday
BONDS
Asked
Loir
Government
Treasury 4J/»s_Treasury
NOVEMBER 3
Range Since
January I
Bonds
Sold
Friday's
or
gale Price Bid &
Period
D.
disregarded In the week's range, unless thej are the only transactions of
In the week In which thej occur. He account lc taken of ouch sole, in compute* the rame for the rear.
the month when the Jxmds mature.
Week's Range
Friday
BONDS
yearly
■
RANGE FOE WEEK ENDING
,
New York Stock
weekly
-
Cash and deferred delivery sales are
Income and defaulted bonds.
interest"—except for
"nnri
arc
For
-54%
2
—
54%'
-
1
Financial Institutions
'
3%s
Series
No.
3—
3%s
Series
No.
4,
3%s
Series
No.
5—
3%s
Series
No.
*54
54%
urn**"*
55
54%
„
„.
—.
55
6
,
—
57"--
54%
4
*54
;
•t
58%
'
f.or>
•
J
■
„
Series No.
Series
No.
No.
9—
%'
54%
-
^
—
^
.' 7
.
54
54'A
54%
8
Series
54 "a
7
3%s
334s
3%s
58 s
54'% '
i'I
1
FOREIGN
SECURITIES
a
'
v"l
58%'
'
61%
541/4
55
1
54 Ye
•,7
62
'
541'a
3
FIRM TRADING
57 %
MARKETS
60
58%
54
-j
'
3%s
Series
No.
10
3%s
Series
No.
3%s
Series
No.
3%s
Sereis
No.
334S
Series
No.
Series
No.
*52%
15
13
3%s
Series
No.
16
3%s
Series
No.
17.—
3%s
Series
No,
18
59%
54 </2
5
I/,
53'A
1
*53%
.
54%
so
-
54 y2
54%
-
14—
33is
-
—
54'A
*52%
12
54 %
54%
11
54%
4
*52%
*.
—
54 7 a
1-
ft
I
59y2
55%
56%
56(4
56 %
54%
Telephone IIAnover,2-0050
'
3%s
Series
No,
Series
No.
20
*52%
19——
3%s
Pf)T foot-tote*.
see
page
-
1988.
*52%
—-r-
SPECIALISTS
50 Broad Si.# New York 4,
59%
60
FOREIGN SECURITIES
i
N. Y,
57%
541/4
54%
"l
s
58 3a
53%
INC. v *
60
54%
r.ABL MARKS & r.O.
58%
5434
,
54
55%
5
54
54%
•
"
Teletype N. Y. 1-971
(
1935
COMMERCIAL & FINANCIAL CHRONICLE
THE
Number 4331
Volume 160
NEW YORK BOND RECORD
Interest
Exchange
Stock
York
Period
Last
Geraes
(State)—
A Sec external s f 64s
AMontevideo
6s
A
New
(City)
External
f
s
1957
A-O
M-3
„____1965
4V4S
lund
A-O
loan__-.#__.„.._1963
F- A
._1970
„_1955
Rep)
1
a X
exll
A-O
PFLUGFELDER, BAMPTON & RUST
100
101
Members
96
88
"2
86 4
86 4
Broadway
61
;
88
83
*87
86 4
98
Fork
New
.
New York 6
-
90
Bell Teletype—NY 1-310
Telephone—Dlgby 4-4933
'
*924
M-N
*924
J-D
mod 3'As ext to
Ext see ref 3Vas series B
APemambuco (State oi) 7s#.——_1947
M-S
M-S
944
87
88%
10
964
97
39 4
•;/. 7
M-S
M-S
204
204
204
2
16%
25
ser™^.1960
f 6s 2d ser
1961
J-D
194
19 4
19%
112
16 4
244
A-O
19'A
19 4
71
._I__1940
assented—.—»—i.——1958
A-O
7s———1947
1968
AExternal sink fund gold 8s_—1950
v
a44s assented
—1963
A Porto Alegre I City of) 8s-;
.—1961
Stamped pursuant to Plan A
(Int reduced to 2.375%
2001
A-O
*31
60
A-O
<*20
24
J-J
29
30
J-J
*15
22
1
loan extl s f 6s 1st
Loan extl
vANat
s
(Rep off gold 6s
lAPoland
A 4
to
external
Rep 01 (
1
A Nat
4s
A-O
ASiablllzatlon loan s f
a44s assented
.
AExternal
Stamped
—,1966
7'As
loan
19'A
*25
1st
July 1948
114
264
28
32
A-O
■
>124
12
42'A
4;
40
-M-N
F-A
Stamped pursuant to Plan A
(int reduced to 2%)
,—2012
A
A-O
1921__,__——1946
loan of
extl
Stamped pursuant to Plan A
(Int reduced to 2.5%
—1999
6« external sink fund gold—
1968
J-D
Stamped pursuant to Plan A
(Int reduced to 2% )—,
2012
A7« external loan of 1926
——1966
municipal
M-N
J-D
(State*
M-N
J-J
—1930
8s
Stamped pursuant to Plan A
(Int reduced to 2.5% >——1999
1950
(Int
,
extl
loan——
———.
extl
dollar
f
(.
J-J
J-J
;
oi
secured
A8s
series
-A7s
■A4 4s
B
(Prov
ASlle.vla
(Kingdom; —
external
———1962
sec extl
,.1962
of) extl 7s
1958
M-N
M-N
134
13'A
134
13'A
•„
63'A
14
1937)
91
«72
J-J
91
"
A
'
13
76 4
•
60
66 4
1
__
•:
•;*''
F-A
19%
*15%
62
Can Pac Ry
Collateral
J-D
A-O
Foreign
3 'As
M-3
M-N
J-D
———,1966
Income
7s
1st
Atchison
General 4s—
'
Conv
4s of
Knox
AO
Second
For
M-N
Ohio
&
J-D
108%,,
'
83%
60
524
514
514
13
41'%
58
16
1064
110
103 4
103 %
106 4 107
*130'/a
,
229
69
V,
1
101%
27
108
.112%
110%
6
109
132%
109
109%
110
*107 4
1
;
206
44%
27
27
10
21%
26
1
21
1
89
62%
100% 100%
—
5s
A-O
69
93
6
85%
.'/■
1014
3
105%
95%
109% 110
116% 116%
34
116%
'/
,
116%
:/■
'j-
'1164 1164
ev
107
63
2
.
,
•
.25
38
F-A
F-A
94 7
94%. ■•■7; 94%
M-S
/"■
■
F-A
98
'
.
104%
4
104
*65'4,
F-A
85 4
48
43
A-O
12
A-O
12
B,
A'-
•X
gold.5's—^/_198t
,
.11%.
794
914
48%
32
374
50%
20
10%
16%
53
32
•
■H
.
Ill
2,23
3
v;
1.7:95%
34
>
7.
324
34
324
_,^-_1987
^-1987 A
4s__
it
31%
334
29%
'..29%
96 %
83
10
••
.
gold
.
F-A
F-A
--—I960
(*111
,
19
115%
*110'%"
95 '/a
R
115'A
103'A
j
14
115-7ij
"l
ill! 4
105% 106
89"
111
110'A
1.1,3
90'%
10
1044
110
90%
123
69
63
89%
2
1043a
j-T
41
j-j
33%
'US
>
ry.;
r
41
35
1054(1054
3
7
3
37
33 4
103
-*7-1 •'
4s
A-O
Chicago
107 4
AGen ire
{Chicago
90%,
106%
105/V
,
A
Ind
"ARefunding
105%
1st
& gen
'/ A 1st $
gen
F-A
J-J
108 %
5s series A.-_
6s series
B./A—/May. 1966
30%
102
,..21;
J-J
M-N
106 ii
.
106^
.
•
98
18
111
106%
103
25
...
105%
111%
84%
;
~53 V\
108,
88'/a
88
89
58
58 %4
771/2
76
774
7.24
72
72%
109
48
27
58
112
92%
55
51
108% 108%
51
53
M-N
.
63%
/ 125%
1284
76%
894
5
47
654
18
50
83%
40
47 4
78%
74
:
*127%
J-J
'
A
11 i% 112
—1947
.#—^1966
39'4
122 4
214
,
103
1104
J-J
ARefunding 4s series C
,,,
.
100 4
111%
A——1947
gold 5s series B—1947
A
120
,348
105%
1104"
Louisville, Ry—
48 Va
109 '
1214. 127'/.
*iui.r
105 U
F-A
,'-J
&
105
M-S
• ■.
2033
Refunding 6s ser
132 4 140
) 05% 109 Va
104%
;
*105 4)
J-J
mtge 4'4s
k.
i
-
2
.
25%: ;?26%
105
7-j
T,—1958
1997
88
102%
"'t»'i034 1034
*122% 124
26%
•'
1949
—#—1982
Gt West 1st 4s series A—1983
.
% 5
128'A •127 4
J-J
+T_1949
,^vl—.,^,1949
#—1971
.-I.-
9
y
.
99%
-72 4
,100-
,,'2
j
108'/a
.
,74
■T.
; •
IO91/4
i
T,f^_1949
registered—
100
,
(.4103'/a
1274
J-J
—
1st.& ref 5s series A——
Chicago & Eastern 111 RR—
A Gen mtge
inc (conv)—-—
106
Y
J.
J-J
140
35%
304
104%
4
104% 104%
"37,4
264;
■
76
102'A.
.
'
,-'•
.192,
«'
77
105%: 105%
;
'
1064
105% 1057a
105%
consol gold
•"140
J-J
gold 4s—-1989
Chicago, & Erie 1st gold 5s
107'A 107'A
...
cons
96
.
102.
102'%
F-A
1996
^,1946
A 1st & ref 44s series B—i.*—.1977
_u:
90
1st
E
General 4s__
111''A
1094
L-
105 4
H A Div
Illinois Division 4s__
4s' registered
—
110'A 110'A
.
M-N
34s
n;54
1%, 77,
M-S
Illinois division 3'4s-.
126'
1064
——1992
impt mtge 3'4s D_——1996
94%
•
96
3
:
'39%
•
26-
X-
/•>
•"a, ;96%
28
32
.,
106'/a 107%;,
106 %
M-N
M-S
5'4s A—
,r_1989
3s„—-1.949
Chicago Burlington & Quinqy RR—
;
11.8%
/
tACLicago & Alton RR ref
103%
109%
■
111% ill % !
'
70
&
.
194H
Prod
29%.
<•"'.1044 1044
A-O
56
112
50
,
.;
245
■■■
—1962
5s_
'67
'»
—2987
Power 3%s
Ref & impt M 3 4s series
'! Potts Creek Br 1st 4s—-
104
106 V*
76
-
115
111%,
Ref
,
112%
J-j
.164
■344
<
110%
;t
96
%
i,
10
.48%:
32
,
,
61,
.12.
A-O
J-J
.
684
,„7
12,
.'
.11..
J-J
104%
53
86%
•'*51
J-J
/.-1961
1st gtd 4s
;•{
J-D
,69
101%
66
85 Va
M-N
107%
,
103 4 106
9
/
52
;;
16
104
104
'
,
110%
104%
1
104% 105
J-D
2——1945
'
J-J
J-J
,1962
,— 1955
1144
109
17
65% v
65'/a
97
1054
100%
1
'
107
111%
84 4
30k
;
109% 110
107
114%
111%
19
a
112% 112%
J-J
1174
115%
•2
108
104%
104
118%
11&
30
112% 1124
110
119
:
Chesapeake & Ohio Ry—
General gold 4'4s
—
'•
.
■'
109%
116
'
*107% 108%
1959
Eng
N Y
Certain-teed
.
t
*125% 126
115
.
V
116%
un*,
'\'^4
*Ti5% 115%"*
A-O
J-D
109%
§ A Central RR & Banking 5s stmp.1942
.
114%
76'A
•
118%
116
2
:
*1164 116 % JT
3 i7
117%.
J-J
.—Nov 1945
registered—
2d
-
•
125'A 126
125%
93
104%
4
11
4 104 4,
104
1,10
105% 105%
r
J-J
•Central PacKic 1st ref gtd gold 4s_1949
'
/A 1154 124
■/ A'100 4 105
'
103'A 103 4
1034
28
7
1044
A-O
gold 4s—1948
registered
AGeneral
.
102 4
-114'A 115
29
100 ".1
86
86.
92
7 92
107
New
/1074 110
*104 "a
115'
63%
4
854
A-O
•
Illinois.'Light 3'4s——I960
105'/a
3
95
.
104'%
—
.61%
62
A-O
4s—1981
debs.
t A Cent ral of N J gen
100 4
,
Va
—
111% 1114
M-S
JACent
'V'A 4S
27
,
69.
...
95.
63%
1017'a 101 \V
110%
5s series C——1959
& gen
Central
104% 1043'a
.M-N
35
61
514
M-N
Central
103
250
95
M-N
J-D
94%
59'/3
1965
101
A' 45/. ■/: 105 ,4110 4
.113% 114'A
% J-D
M-S
40
1224 123
J-J
.
93
60'A
1950
102 4
y'/lOO/;.
1004 1014,
J-D
1958
95
94%
J-J
1949
4s_
5s w w_—
Corp 3 4s debs—
Corp 3%s
,954
86%
12
1044
,108
i
'
J-D
;
mortgage 4s
1948
deb 3s———1..1953.J,,
fo'otnotes; see, page 1988.,
894
103 'A .106,
,280
92v,.^
1084
,
Nov
—1960
Atlantic Refining
108'%
122%
MS
1905——^!—L—#—-1955
& Nor
Clinch
'
108
108%.
M-3
1964
1st gold 5s.——-1946
Atlanta
&
Charlotte Air Line Ry—
1st. mortgage 34s
-1963
Atlantic Coast 1st cons 4s—-July 1952
General unified 44s A—
-1964
L & N coll gold 4s
—Oct 1952
Called (Nov 1, 1944)
Atlantic & Danville Ry 1st 4s—;—1948
Atl
.
104
103%
103%
101'A
A-O
100
105
26
1960
AChatt Div pur money gpld 4s__1951
AMobile Div ,1st gold 5s—A,, 1946:
101 Vs.
103%' 106%
...67 •' r ,81%
•
85%
91
■
'
—-—1995
gold 4s of 1910—
Trans-Con Short L 1st 4s—
trust. 44s
Branch U P 1st
A Ref
"
.,101:,
104
91%
Jan
Adjustment gold 4s
:
1995
Stamped 4s —
1995
Conv gold 4s OF1909—_i—-4—,-1955
Conv
,
105
*82
•
M-N
debentu-p?-1—-----1978
3'As series E—
Topeka & Santa Fe—
mtge
;' 4
3044
„
A-O
Q-J
96%
101
'
MS
debentures
——1956
Amer Tobacco Co deb 3s,,
.,1962
Am Wat Wks & Elec 6s series A—1975
AAnglo-Ghilean Nitrate deb
.—1967
Ann Arbor 1st gold 4s—
.,——1995
Ark & Memphis Ry Brige & Term 5s 1964
Armour & Co (Del)-—
•
44
Guaranteed
3s conv
100
2
A-O
*
A-O
5
A-O
_L„_1955' ' ;
ARef & gen 5 '4s series
..
'
——,1961
105
100
100
M-N
'
,
Va
103 %
105
J-D
1951
Ry dob 64s—1946
deb stk perpetual
A A 1st- mtge 5s—
5 A Consol gold 5s
;107%' 110
,.89% 102 4
,100%
F-A
Pow deb
debentures,
debentures
3V4S
3
'1024
A-O
Stores Corp
&
2
1
'
A-O
104'%
103
103
105
J-D
^Central of Georgia Ry-— AA
,..'1034 1044
.'.1034 106%
100
.100
;
A,Cent
89 3A
100
.100'.
A-O
44s debs„——1951
5s
—,2030
Amer I G Chem conv 5'As—
—1949
Called (Nov 1 1944)———%
American Telephone & Telegraph Co.—
Am
100
"
1064 1064
s109% 109%
1064
A-O
34sr—1946
— 194fi
Corp 34s sec conv——1954
& West 1st gtd 4s—1998
Alleghany
Allied
10414 104'A
A-O
Albany & Susquehanna RR
34s registered——
Allegheny
io3% 1034
F-A
J-J
3 06%
10
92 Va
F-A
44s—
gold
& Gen Corp
Celanese
104%
1033V
M-N
104V4
104%
L,.1970
Adir 1st gtd gold
&
Celotex
103
v
*104%
u
101%
1
104
'
120
.1004
-
107 %
1
J-J
Carolina
~2
—
105 Va
O.ct, 1969
tSACarolina Central 1st gtd 4s
109
168 4
M-S
gold 4'4s—-1957
20 4
Cariiers
*119%
" 86'A
9
M-N
gtd 5s A—1962.
224
23
*
88%.
„
National
Guaranteed
76
79
88%
J-D
1014
106% 106 4
M-N
—1966
Power 4s—
cons
10
184
J-D
series A plain—.
——1953
AStamped —,———..^——,—1953
Adams Express coll tr gold 4s—*.—1948
Coll trust 4s of 1907_
———1947
10-year deb 4%s stamped
_1946
Alabama Great Southern 3'As—,1967
Alabama Power 1st mtge 34s——1972
Albany Perfor Wrap Pap 6s—1948
6s with warrants assented——1948
101%
100
F-A
Guaranteed- gold-4 '4sL-,2—•—1956
,
$ A5s
100%
M-N
Canadian Northern
Industrial Companies
JAbitibi Power & Paper—
9
7
F-A
——1968
3'4s
Power
]./ Guaranteed gold 4%s
Cart
Railroad and
Elec
10
~3
19%
r-a
100% 101%
M-N
of deposit———.
Guar.aqteeji .gold 5s
Guaranteed gold 5s—
76%
59
74 4
;
130%
J-J
1st
Southern
Canadian
91
ir-'-Vj* 65%
,27
76%
76 4
F-A
102
101% 1014
M-N
ref 6s series
California-Oregon
1
74 4
*129% 130
101%
M-S
4s series
: A Certificates
Canada
h"i- V r»l'
M dtr,„rdab •laflkii.tKa
.
J-D
89
98%
128
J-J
A—1947
Gen Elec 4'4s B—
1981
Niag Elec 34s series C—1967
California
214
i
,
734
10
174
89
'
'
*74
87%
90
,
25
1004
75%
76'/a
M-N
/
/•
102
'
M-N
3979
conversion———1979
3%-4>/a-4ft extl conv—
—1978
4-44-44s extl readjustment—1978
3'As extl readjustment———1984
A Warsaw
(City) external 7s_——1958
A44s assented—
1958
External
86 4
88%
74
8
18%
-
10
*89
__
87 %
J-D
4s_———1952
A
Consolidated 5s—1955
Bush Term Bldgs 5s gtd—,
2-1960
68
11
*90
M-n
87
63 4
12
20
*91
86
A-O
mtge 4'4s ser A
Bush Terminal
56%
11%
30
*17
864
56%
22
■'"
13'A
*22%
>
*100
M-N
,
84% '
A-O
Stamped
modified
(interest at
3% to May 1, 1947) due
,1957
^Burlington Cedar" Rap &-Nor—
/
;f SAlst & coll 5s——————1934
36
61
10
654
63 %
4A-
F-A
.—1964
External readjustment,-—
-
65
63
76
84%
7
.
Buffalo Rochester & Pgh Ry—;
: 40%
35
5,
36
36
36
F-A
a,—..™— 1S55
33/4s-4-44b <$ bonds of
:
44
30
37
37
J-D
AUruguay (Republic) extl 8s——_1948
AExternal sink fund 6s_#_—
1960
AExternal sink fund 6s_—
444
414
37
J-D
—.———.1958
(City) s f 5'As
Sydney
A-O
Slovenes
assented-:
*394
A-O
Stamped pursuant to Plan A
.(Int reduced to 3.50% )——1978
Serbs Croats
mtge
Buffalo
33
2
369
72 %:
744
A-O
;
1940
7s
41%
59-
A-O
mtge
1st lien &
50
43 4
904
104
431/j
39 ;
89%
—1961
RR——1960
July 1970
fABoston & N Y Air L 1st 4S—1955
Bklyn Edison cons M 3'As,_1966
Bklyn Union El 1st gold 5s—:——1950
Bklyn Union Gas 1st cons gold 5S-1945
'
,0
444
41%
44'A
J-J
Stamped pursuant to Plan A
(Int reduced to 2% )——2012
}A8ec»irert
431/2
"9
46%,
.46
MS
1956
—1968
loan
38 4
3
V./
J-J
water
30
78%
89%
106% 106%
ATnc
44%
404
50
'
46%
4614
f
>-
9
37 4
93%
57
41
,
1st gold 4%s series JJ
934
35%
444
64
39'/*
F-A
Buffalo
Stamped pursuant to Plan A
(Int reduced to 2% )——2012
Afis
,46 4
J-J
—
Stamped pursuant to
A7«
37 4
4
37
I
42%
J-J
Plan A
reduced to 2.5% )——1999
external———
A8«
42%
M-N
31 Va
40%
U-N
F———1959
3'As series
mtge
Consol
42 4
81%
59%
386
57%
3'As series H——1965
Boston & Maine 1st 5s A C
1907
1st M 5s series II
—1955
43%
.34
914
*88
414
F-A
1st
external sink fund 4s—.,1964
ASao Paulo (City of Brazil) 8s
1952
A6 4s extl secured s f—
—1957
Paulo
; ;■■■■ 5
41
40
40
M-3
76
3s series G——.—1960
Consol
35
34
404
*39
.
2004
Banta Fe
lASan
I-
59
57'%
Bethlehem Steel Corporation—
Consol mtge
34%
J-D
,—,1967
loan
10
37
46%
41
F-A
—
A
Stamped pursuant to Plan
(Int reduced to 2.25% )
A7s
36'A
36 4
& Aroostook RR—
ref 4s
654
165
149
65
55
J-J
1947)
100
*59%
54%, 57%
•57%
J-J
404
29
57%
M-3
1951
4s
stamped——,
1951
Beech Creek Extension 1st 3'As—.j_1951
Bell Telephone of Pa 5s series C—1960
Beneficial Indus Loan 2'As
1950
2%s debentures,———
1956
48%,
39
1
454
454
62 4
J-J
Bangor
364
364
251
%!
54
J-J
Con
(State of)—
73%
41%
65
1959
414
30
204
57,4/
-due——1950
1
to Jan
13
98%
(int at 34%
1st M
S'west Div
Toledo Cin Div ref 4s A_
38%
38
38
98./,
98%.
Jf-3
Pgh L E & W Va System—
/ •■
Ref gold 4s extended to—-1951
.
41
368
J-D
1946)
95%
70%
94%
C
ser
1
1
F-A
A8«
7
45%
35
42
42
High
iauw
i,,
V 93
94%
J-D
(int at l'/sfo
due—.'
—1993
Ref & gen ser D (int at 1% to
A
Sep 1 1946) due——2000
Ref & gen ser F (int at 14 to
Sep 1 1946) due
—1996
AConv due_—
——.Feb 1 1960
103
100'/#
102% 102%
A-O
1953
Rio Grande do Sul
1946)
to Dec
504
50
*50
F-A
2001
:
1
& gen
'
44 4
34
41 4
40 4
A-O
64s-
Dec
Ref
26 4
'
sec
(int at 1% to
due
L
,,1995
;
J-J
i
APrague (City of Greater; 74s_.:_1952
Queensland (State) extl 6s—
#.1947
ARjo de Janeiro 'City of
8s—__1948
AExternal
"
45
pursuant to Plan. A
to 2.25% )——2006
Stamped pursuant to Plan A
(Int reduced to 2.375% )
mtge gold 4s
31
14
Sold
NO.
High
,
Ref & gen ser A
26
36
;
Low
■■
RR—
Stamped modified bonds—
1st'mtge gold (int at 4% to
Oct 1 1946) due
--July 1948
reduced
(Int
Ohio
&
24 4
17
•
42'A
/
A-O
21%
*_,;
J-D
Baltimore
40
"
Range Since
January 1
,
■'
■
Bonds
Last
■
or Friday's'
' Sale Price Bid & Asked
B
2.125% )_#—2008
7s_„__„1959
reduced
(Int
APeiii
,
Period
42 4
12
40%
384
394
31 4
-A
*104%
:
Interest
Exchanre
Stock
105%
39 4
-i
York
New
1044
Week's Range
Friday
BONDS
—
96'A
„
Stamped pursuant to Plan A
'
Exchange
Stock
984
94
6
974
974
974
M-N
AStamped assented 5s_#_„.
Stamp
93
7
—
avl A-lMuj
oa
100
98
1
99 4
100
*98
1963
»_^.>1994
1967
APanailia
'2
100
99 4
100
J-D
100
93'A
—
100
99 4
„
105
92
89
*100^
Railroad Reorganization Securities
42 %
32
105
105
105
r-a
_1958
sink fund 44s
(City)
40
M-N
High
32
40'A
*38%
J-D
___^_,1956
#
44s
Municipal Bank extl s f 5s_
Oslo
*38%
MS
1952
#
of)
fund extl
4s sink
MS
1959
7s
5s_
sink
Low
(State)—..
(Kingdom
External
1958
f 5s__
s
January I
"
f 64s
s
Wales
External
Norway
'
A
series
South
,
1959
external
ASec
•
.
Sold
Mo,
Vies
Low
Range Since
Bonds
Friday's
or
Bid & Asked
Sale Price
1,
Mlnas
ENDING NOVEMBER 3
Week's Range
Friday
BONDS
New
WEEK
FOR
RANGE
..
68
68
14
11%
12
45
12
13
10 '/a
14%
10;Va
143
'
J-J
'
124
i2%;.
ill
r
,
4
Monday, November 6, 1944
THE COMMERCIAL & FINANCIAL CHRONICLE
1986
YORK BOND RECORD
NEW
RANGE
Interest
Last
Period
Exchange
Stock
Sale Price
or
—1958
J-J
A——May 1 1989
J-J
May 11989
81%
J-J
series F
43/4S
AGen
JChic Milw St Paul & Pac
J-J
87%
1975
AConv adjustment 5s__—Jan 1 2000
Chicago & North Western Ry—
2nd
Des
City & Pacific
Sioux
jjAChicago Railways
25% part paid
^Chicago Rock
AGeneral 4s
1927
Island & Pacific Ry
deposit
of
1934
1952
1960
gold 4s
gASecured 4'%s series A
AConv gold 4'%s__,
Chicago St L & New Orleans 5s
{ A Refunding
1st
1963
1963
1952
mtge
1st
1952
74%
133
61'/a
753/4
t§AGa Caro & Nor 1st ext 6s
74%
6
67'/a
75
Goodrich
43%
45
1.371
36'%
46 3%
39%
51%
48'/a
49%
379
9%
9%
540
J-D
9134
71%
72
J-J
J-J
J-J
mtge 3'As
'
;—
Crucible Steel 3'As s
J-J
J-J
104
101%
Gen
101%
1U4
109
mtge 334s
Gulf
55
92%
92
71
7
59
106% 107
7
J-D
109
series 1—
1967
West deb ctfs A
ctfs
J-J
M-N
67%
71
—
%
105'%
126 3/,
6
100
119%
1st
18
98'%
112'%
416
102'/a
106'%
15
101'%
103%
•
51
72
65
72
*11%
1975
J-J
100
2015
J-J
87%
91
3
105'% 105'%
Feb
66
ref Term
M
5s
stpd
1952
J-J
series D—
1969
M-N
98
*97%
110
Hocking Valley Ry 1st 4%s——
1999
J-J
112%
138'4 138%
F-A
t§AHousatonic
1937
m-n
101%
*943%
100%
Houston
1954
m-n
103
108
*110%
J-J
71
M-N
96%
Jsf
72'4
96
Coal
6
&
f 5s series A—1962
s
Gas
1st
gold 5s_.
1st
Illinois
1st
A-0
27%
5
115%
61'4
65
55%
723/4
27
116'%
277%
203
26%
343%
16
101%
103%
9
95
109%
1st
92%
106'%
Collateral trust
A-0
102%
102
103 3/8
74
84
104%
A-0
102
-
94%
3
61
60 34
61%
130
96
Collateral
1053,4
105% 1053/4
J-J
105%
105'% 105%
33
Cairo
85
86%
85%
84
86
J-J
78%
78%
78 34
M-N
83%
83%
M-N
92'%
89%
92'%
F-A
68'4
66'%
683%
1950
gold 4s_
4%s
Bridge gold 4s
Litchfield Div
103 3'a
106'4
Omaha
108 '4
110%
1st
-
J-D
gold 3s.,
1951
101% 101%'
101%
3%s_1953
*100
gold 3s
*110
F-A
II
*114
110%
■
113 Va
113 '/a
—
105'%
*113
106-
106
'
•
__
■
.
114%
11
105%
101'4
St. Louis Div & Term gold 3s—-1951
Gold 3'/2s
11—1951
J-J
J-J
1st ref
Joint
A-O
102%
4
102%
108
105%
109%
103'%
105'%
45%
59'4
45'%
59
1043/s 105
106'% 106%
104
29
J-D
IO43/8
104 %■
J-J
*46%
51:."
J-J
__
49'4
49%
J-J
__
*46'/4
105'%
34
27
1033/a 104
10334
49%
2
m-n
104% 105
16
__
M-N
M-N
'|l
1
108'%
108
'
'
109'%
107 %
6
112
109'%
108
1075/8
*105 %
Iowa
&
111%.
102%
102% 102%
13
101'%
103'4
J-D
102%
102% 102%
10
95%
103'%
'
*541%
49%
j-j
'
62'%
*63
;.. w-*' " '
'
j-D
*62%
A
62
70
79
58
39
12
60%
85%
28
,-
67 %
92%
48%
216
*
5
93 %
72
__
91% '
91%
59%
78
80
82%
99
--
78%
67%
1
*953%
76 %
65
—
80
71%
101
79%
99
98
1951
F-A
96
96
96
5
78%
J-D
76%
74%
76%'
167
57%
1963
J-D
703/4
68%
71
197
1950
J-J
1956
1
Louisville
gold 4s
1st
_
gtd 4s
J-J
Indianapolis Union Ry 3%s' ser B_1986
A-O
1st
mtge 3s series F__1961
44
68 %
*64%
m-s
Steel
52%
98%
*104'% 105%
78%
74
104%
72'/a
110%
111
5
104%
107%
47%
61%
24%
*111
106% 107
international Great Northern RR—
A 1st
series
6s
AAdjustment
A_'___l_^._'_______1952
6s
series A__-July 1952
series
Internat
B_
—■
1st lien
&
ref
55%
57%
158
A-O
20%
19%
20%
217
16%
57%
J-J
53
51'%
53
28
43%
1956
J-J
52%
51'%
53
63
43%
57 %
155
56
77%
13
103
105%
7
105
109%
1944
1947
J-J
series A_—
1955
m-s
1st 5s B
1972
M-N
*100
101
97%
F-A
*100'% 103
100%
103%
Hydro El
Int Rys Cent Amer
57%
A-0
deb
6s_
Paper 5s series A & B
6s
J-J
1956
5s
gold 5s series C__
6'/aS
—1947
—
Int Telep
& Teleg deb gold 4'/2s_-_I952
Debentures 5s
1955
76%
7134
75
103% 103%
103%
108
r-b
108%
102
J-J
92
913%
92 »/4
126
74%
95'/4
F-A
95'%
95
95%
246
77%
96%
tAlowa Cent Ry 1st & ref 4s——1951
M-s
1959
J-D
52
100
12
101% 102%
10134
53
59
40
V
,
87
-
.
4%.
-
4%
3
■'-/ 2
■
5%
68%
39
52
60%
62%
59
''
-'-V-
■
3
67
*49
A-0
'■
118
73'%
41
1
;:V
67
50%
50
54%
53%
78
6134
6.13/4
j-D
62
38%
8
50
*74'%
49%
46
'
57
1st
Ref sink fund
A-0
J-D
87
64
1963
A
A 1st
53
1075 a
*
series
A 1st
104%
15
107"% 108%
104%
M-N
1951
J-J
Inland
'
46%
5s
ref 4%s series C
1st &
Ind 111
JAInd &
A-0
62%
*75
Western Lines 1st gold 4s
and Chic St L & N O—
104
J-J
49
97
91'4
97
96%
81
*76
1951
*
100
'w-r'
111 Cent
111
5
106
103% 103%
—
116
113'%
61
114% 115%
115%
111
109'%
J-D
J-J
97%
,
__
*92'%
F-A
Springfield Div 1st gold 3'/as-
M-S
__
*100%
J-J
1st
102
100
*101%
'
__
J-J
& Term gold
Louisville Div
109
Div
85%
M-N
1953
lines '3%s
trust
108 34
A-0
*--
A-0
1952
;
106'A
103*.
28
M-s
1952
;
gold 4s—
Refunding 5s—
6434
52
m-n
1951
3'/as__—
gold 3s sterling
Purchased
102
83
;
__
100
75'%
65
99%
94
*99%
1953
Refunding 4s
99'4
a-o
1955
gold
17
*101
j-j
1951
1966
1st
1093/4
'
j-j
1951
gold 3'/as
105'/a
94
j-j
RR—
109
99%
1981
1951
Central
105
F-A
73
117'%
116% 116%
F-A
gold 4s__
109%
J-J
96'%
105 3/4
77
.105'/a
J-J
56
60
m-n
1957
A
59
72%
103
1087%
A-O
M-N
138%
85'4
~4
,
A-0
'
71%
71%
1949
5s
AAdJ income 5s
1st
A-0
J-D
Feb 1957
Manhattan
Illinois Bell Telep 2%s series A
J-D
13034
1
97'%
103
97'%
82
106'4
2
107
Co
Hudson
1st
debs
81'/a
53%
8
96',4
71
,
110'%
57'4
89
75%
107
-,
99%
-
103%
__
7334
75%
88"%
15
103%
103
Ry cons gold 5S
Oil 4%s
Hudson
103%
111%
H
111%
111
100 3/4 100%
98
__
*110%
111
1003/4
88%
Ship Island RR—
&
Gulf States Util 3'%s
110
F-A
101%
109%
106%
II
17
89'4
28
8734
106 a1*
*m%
rjiy
~2
100
a:-n
'
106
12'%
12%
86%
120
111%
126'4 126%
Feb
B
mtge inc 5s series A—
&
126%
72
F-A
H
Gulf Mobile & Ohio 4s series B
Gen
108
1043/4
:
4s series G__;
series
A Debentures
53
/■
89%
90
101'/a
7
101% 10115.
100%
107'/a
19
102% 104
J-J
77
32%
75%
48
101%
119'% 120
1946
108
105
104%
—
1946
Extended
1st 5'As——1942
ADeposit receipts-——.———•—ACuba RR 1st 5s gold
——-1952
ADeposit receipts.——,———■A7'%s series A extended to
-1946
ADeposit receipts—
A 6s series B extended to—
1946
ADeposit receipts——
Curtis Publishing Co 3s deb
-—1955
1952
*102'%
Gen mtge 4s
107
IA Cuba Northern Ry
J-D
General mtge
106 3/4
-1950
f debs—.—1955
9
78'/2
J-J
2'As s f debs
28
92 3/a
F-A
—4-—J969
mtge 3'As
75%
106%
111'% 112
107%
1965
1970
—,—-196®
73%
106 3/o
118% 119'%
723/4
Power Co—
mtge 3'As
75%
106 "/I
111%
593/4
6
J-J
J-D
119'%
10
107%
90
22'%
Jv
2
A- O
101 %
101
1977
31
107% 108
31%
General 4'/2s series E
102'%
68%
64%
1
32%
104% 104%
32%
J-J
87
59
180
68%
J-J
AGreen Bay &
100% 101
66
68
1973
§AIntcrnat
mtge 3'As
J-D
1976
64%
'5
'
56%
103%
97% 104%
103% 104%
1947
General 5s series C
General 4'/2s series D
2
106% 106%
593/4
42
103
1956
;
General 5'/2S series B
-
3
75
/. 4
Great Northern Ry Co—
106
1955
1956
4s„_
1st
*
15
9134
75
42
105
50
1934
1st- 4%s
89
18
87
M-St
72
100
F)
Grays Point Term 1st gtd 5s
11%
7%
90'/a
(B
84
85
87
103%
J-J
73%
9%
51%
49%
*103% 104
J-J
73
4934
m-n
...
M-S
1949
107'4
1948
1956
1958
1951
1954
4s
Co
M-S
133%
98% 100 %
50
50
49%
M-N
:_Oct 1 1945
44%
~A-0
103%
117
5
*100%
m-s
104%
102
133% 133%
Corp—
74%
j-j
102
62
*1037/a 104 Vi
133'/a
j-D
Castings 5'%s
40-year
debentures
1st
Steel
Gen
5s„_-1949
cons
& Utilities
1970
3'As
fAConsol Ry non-conv deb 4s
1st
65
107
1980
May 1952
1974
debS________i__i__,_i9G9.
1973
1977
1945
Consolidated Oil conv deb
1st
inG
107%
1961
1972
debentures
Consumers
81
63
13
Berg Co
Realty
conv
1950
1977
1981
debentures
Crane
4s
107
3%s A
1961
Consolidated Cigar 3'As s. f. debs_1953
Consolidated Edison of New York—
A Debenture
General
F-A
1958
L 1st & ref 4'As———1951
ADebenture
Gas & Elec of
M-N
3'As
3 '/2s
104
104
I '
—
643/s
65
High
77%
103
1948
River Power s f
3 'As
A___,^_l_^
M-N
tAGeorgia & Ala Ry 5s
r-a
Low
107
63%
1.172
:
J-J
1961
3 '/2s
& ref 5s series
of deposit—
Machinery Corp 3s debs—1956
Francisco Sugar coll- trust 6s---,—1950
103
*102%
J-D
1st extl gold 4s„1948
Columbus & Sou Ohio El 3'As
1970
Columbus & Tol 1st extl 4s
1955
Commonwealth Edison Co—
1st mtge 3'/aS series I
1968
debs
%
73
w
RR—
Debenture 5s
R.v &
101%
70 34
,,*104
.
J-D
Columbus & H V
Conn
68
105(4 1053/4
72%
J-J
1977
1991
1990
1970
3'/as
41/2S (stamped modified)
Columbia G & E deb 5s
Conn
17%
105%
J-J
1993
& Pittsburgh
A 1st
Food
Hudson
gtd—
Series D 3'/2s gtd
General 4'/2s series A
Gen & ref 4'/2s series B
Cleve Short Line 1st gtd 4'/2s
Cleve Union Term gtd 5'/2s
1st s f 5s series B gtd
1st s f 4'/aS series C
Coal River Ry 1st gtd 4s
Colo Fuel & Iron 5s inc mtge
Colorado & Southern Ry.—
Conv
11%
J-J
1993
4'/as series E
Cin Wab & M Div 1st 4s
St L Div 1st coll tr gold 4s
Cleveland Elec Ilium 3s
C
1.167
Ry—
General 5s series B
Series
>
14%
107
1966
Ref & impt
Cleveland
14%
'
J-J
January 1
1033/4 104
104
J-D
13%
*87%
3'As__
m-n
^Florida East Coast. 1st 4 '/2s^«_,__1959
64%/
A-O
Gulf cons 5s
..1961
1
45'/2
M-S
1957
gold 4s
General
deb_;
J- J
1.194
1943
Cin Chic & St Louis
Cleve
Rub 3s
&
'
60
1962
1967
Term 1st gtd 3'/2 s D—1971
gtd 3%s series E__
1969
2%s ser G—————-1974
mtge
Tire
Flintkote Co1 3s debs
-'_,i__1958
t A Florida Cent & Peninsular 5s__ *1943'
'
3'/as
Union
Firestone
90%
,
56%
_
t§AChilds Co deb 5s
§ADebenture 5s
Cin
77%
41
J-D
Union Station—
1st mtge 3'%s series F
1st mtge 27/«s ser G ——
Chic & West Indiana com 4s
1st & ref 4'4 s series D
Gas & Elec
89%
*83
Chicago
mtge
76'/a
88 3/8
J-D
guaranteed 5s
._Dec 11960
A Certificates of deposit
1st
89 %
87
1951
JAChoctaw Ok &
76'/a
*98'% 100
Income
Cincinnati
86
59%
A-0
Range Since
Sold
No.
Nigh
'
82'/a
86
1951
5s—1960
Memphis Div 1st gold 4s__
Chic T*H & Southeastern 1st
'1
•
74%
64
J-D
1951
3'/as
Gold
.
74%
1988
*
—
Certificates
a
Div 4s
1969
1st 5s stpd
Low
^Certificates
_
4s ser A———1989
mtge conv income 4%s
1999
Plaines Valley Div 4s
1969
1st & gen mtge
:
69 '%
87
F-A
Bonds
102
w
232
87%
RR—
AMtge gold 5s series A—
.
7
*
87
'
121
80
86
83%
83%
79
J-J
J-J
series
4s
AGen
Last
Sale Price Bid & Asked
__
Milwaukee & St Paul—
gold 3VaS series B—May 11989
AGen 4%s series C
May 11989
AGen 4'%s series E_.
May 11989
A Gen
Period
High
87
*102%
—
Low
Interest
Exchange
January 1
No.
High
Stock
York
New
Week's Range
or Friday's
Friday
BONDS
Sold
,
tChicago
NOVEMBER 3
Range Since
Bonds
Friday's
Bid & Asked
Low
Chicago Ind & Sou 5C-year
WEEK ENDING
Week's Range
Friday
BONDS
York
New
FOR
James Frankl
Jones
& Clear 1st
4s—
Laughlin Steel 3 %s
&
i-1961
85
103
48
...
953/4
103%
983/4
103%
58%
44
85
83
J-J
102'/»
72%
90%
71%
89 %
85
1023%
K
1970
1965
J-D
Light 3s___. —1973
A-0
Power
Delaware
&
AGeneral
s
103%
103'%
98%
67
79%
99'%
105%
*103%
1
"
—-
."w
•
—
*105
;
■-
__
96%
97
J-J
—1936
J-J
105'%
106'%
52%
214
573/4
45
56
68
56%
54
46
57%
..
%
See Chic &
Gen
F-A
5%
4%
A-0
53/8
3%
*
4'%
46%
43
4%
4%
50'4
223
3%
203
40 7%
51
8
6%
51
A-0
1966
m-s
Gen &
mtge 3'As series G.
ret
1970
Second
J-D
gold 4s—
& Tunnel 4'/2s
1961
Miss & Iron Range
—
Ry 3'As.
M-N
1950
m-s
1962
J-J
Atl gold 5s.
—1965
Duquesne Light 1st m 3%s—
f § A Dul Sou Shore &
,
J-J
108%
28
,
102% 102%
1
98'%
10
39%
106
40
106'%
1
,
108%
24%
"
106
32
i
47
111
5s
stamped
1965
-
—1962
Empire Gas k Fuel 3'/2s
J-J
*150'%
——
103
1 ^
1st
cons
Gen
Obtn
mtge inc 4'/2s series A
Div
For
1st
mtge
footnotes see
:_2015
J-J
1971
3V«s
page
J-J
1988.
M-S
10534
82 34
6
13
101%
j—.
—
11
162% 102%
105% 105%
81'%
92%
94
J-J
—i—1961
6s——.__1997
Kings Co Lighting 1st 5s—-.——1954
J-J
1954
J-J
unguaranteed
4l/as
Kings County El L & P
-ref
&
6'/2s__.——
3'/aS—
—1961
Kresge Foundation 3 % notes——-1950
JAKreuger Si Toll 5s ctfs
——1959
Koppers Co 1st mtge
J-J
'.
105%
109%
1143/4
119
..
■
68
*64
„
,
/{'
■
Jbi. '
.•
'
*. vA;J^v
*95'%
M-s
69
91%
100%
102
90%
94%
*168
/
172% 175%
*109
v
J-J
M-s
51 %
95
98
*
—
107%
'
A-0
m-s
91%
72%
22
95
*118'%
__
J-J
%
92
*103%
1053/a,
69
107
913%
105% 105%
:——1961
Plain
82 34
—1943
Gas Light extd 5s._
Laclede
109
-
5
105% 105%
—:
•
*104'% 104% /
*47% .5%
109 %
.
I
J*--
110*%
105%
108
102%
*108%,—
—
105%
3%
5%
22.
.
1975
5s
mtge income reg
118
'•
106 3/4
84%
102
*105'% 106'%
.
107
5s
1st
&
5s
ref sink fund
stamped
53
5
49
67
J-j
10s
105
105
8
97%
105%
j-j
105
105
105
8
97
105%
A-0
100%
*104
104'%
M-S
*99% 100
95
F-A
*93%
86
86
97
97
84%
97
F-A
*87
90
71
90
65%
90
70
80
1964
90
—1964
5s
53
1965
1945
1954
stamped—-
"3
1954
1st Ktd gold 4s
stamped
F-A
:
Lehigh k N Y
64'%
101%
Dec
Ltd—
Lehigh Valley Coal Co—
1st & ref sink fund 5s
101%
105%
89%
—1997'
registered—
Lehigh & New Eng RR 4s A
99'%
101
93'%
101% 101%
101%
103 %
98%
J-D
106%
993%
101'
100%
13
*10334 104%
103'4
80
9834
100%
101
J-D
1501/4
82 %
19
100
gold a%s——1997
& Mich Sou
106
115%
100%
100% 100%
*100
F-A
&
Lehigh Coal & Nav s f 4'/2s A——1954
Cons sink fund 4'/2s series C—-1954
110
99
100%
A-O
ref 5'/2s series C——1953
Coll & ref 5%s series D——1960
Coll
1st & ref sink fund 5s
1995
M 4s series B
.
*100%
101%
—
101
*101'4
J-J
J-J
A 1st
-1
103
A-O
10/%
90%
91'%
—.——1961
——
Lautaro Nitrate Co
-
t
^
•
106% 106%
A-0
A-O
V
77
*76
—
148'%
115
m-s
J-J
.
Railroad Co—
Erie
deposit—
J-J
3 %s
B,"
.»
n
*
115
'
103'4
106'%
16
108
i
M-N
54
108%
102
1
14
•
-
J-D
77
34
'•
5s—-1956
Ed El 111 (NY) 1st cons gold 5s
1995
Elec Auto-Lite 2'As debs
—1950
Elgin Joliet & East Ry 3'As
1970
El Paso k S W 1st 5s
-—1965
;i_
1st 4s
—1960
Kentucky Central gold 4s
1987
Kentucky & Ind Term 4'/as^.-——1961
Lake Sh
East Tenn Va & Ga Div 1st
*102'%
77
77
54
25
108'% 108%
108
106%
107 %
41
28
'
>
111%
104-3%
10
111%
61
*45'%
28
A-0
1937
Chemical deb 2'As___
105% 106
*
.
2
108%
•
J-D
1995
gold
Term
Detroit
Dow
J-D
4s 1995
ref 3s series H—
Detroit & Mackinac 1st lien
'
107
108%
108% 108%
108%
„"7 '•
of,
Southern Ry 1st 3s;—1950
impt 5s——Apr 1950
Ref &
1st
N'western Ry.
Edison 4s series F—. —1965
&
Certificates
Stamped
Plaines Valley Ry—
Des
A
Kansas City
Kansas City -Term
56%
57%
F-A
.——
A-0
''
RR—
f 5s—. —1955
Assented
Detroit
Dul
«.L
106'% 106%
1
M-N
—1936
Grande Western
ARef & impt 5s series B-—. —1978
A
108*4
'
§ a 1st consol 4s—-—.——
tAConsoi gold 4'As
^Denver & Rio
a
6
105%
Rio Grande RR:—
JDenver &
Fort Scott & Mem Ry—
gARefunding gtd .4s
—1936*
I '
A-0
JKansas City
J-J
Dayton Union Ry 3'As series B.
Delaware & Hudson 4s extended. —1963
Dayton P & L 1st mtge 3s—.—
1st gtd gold 4s__1990
Kanawha & Mich
D
—1974
—_—1974
F-A
90
*84%
87%
86%
9934
■
85
__
87%
65
.
87%
RECORD
NEW YORK BOND
ending november 3
range for week
-
1987
FINANCIAL CHRONICLE
COMMERCIAL &
THE
Number 4331
Volume 160
Friday
BONDS
Week's Range
or Friday's
Sale Price Bid & Asked
Friday
BONDS
Interest
Exchange
New York Stock
Period
f-A
_1954
teh Val Harbor Term gtd 5s
::
<
63 3A-
75
,
Low
M-N
._______2003
4s registered
.2003
4%s stamped modified__.___„_-2003
4%S registered
..2003
5s stamped pipdified
_..»_„,__2003
Lehigh Valley Terminal Ry ext 5s_1951
Lex & Eastern 1st 50-yr 5s gtd_„__1965
Liggett & Myers Tobacco 5s
1951
juitue Mjann gen 4a series A-r——1962
Long Island unified 4s__.—,.^.^.^1949
Guaranteed ref gold 4s.,
.,..1949
4s
stamped........
__^__._..1949
Lorillard (P) CO deb 5s._„.__._.._1951
3s debentures ______,___.__._,_1963
Louisiana & Ark 1st 5s series A—1S69
4s
4133
-
A-0
74
74%
103 Vi
;
106
104
106%
7
104
106%
119'A 119%
3
118% 120%
M-S
106% 106%,
MS
106% 106%
F-A
119'A
A-O
103 %
J-J
103 'A
■'
,
103'%
33
1
103
93%
*100%
M-3
102%
106% 106'/a
•
A-O
1
106%
4
104
>
A-O
106
106
1
99%
1053A 106
30
94%
106'A
107
*106
J-J
102%
MS
107%.
'
J-J
104
101%
106%
112
106'A 106'A
M-N
113
112% 112%
53
52%
4s
Y Telephone
1st
sink fund__Feb 11957
5s.-_.__1953
A Manila RR (Southern Lines) 4s
1959
Marion Steam Shovel s f 6s
—1947
Manati Sugar 4s
Elec RR & Lt s f
A Manila
65%
M-N
82
81%
*60%
M-N
*43 '/a
—.1955.
Metrop Ed 1st 4Vis series D__.
1968
Metrop Wat Sew & Drain 5 Vis—1950
tgAMet West Side El (Chic) 4S..1938
68%
6
15
102%
^
103%
106
.
14
....—1951
Lans & Sag 3 Vis
Jack
21952
Ref &
1979
Michigan Cons Gas 1st mtge 3%s,1969
USA Midland of N J 1st ext 5s_—.1940
ISAMilw & Northern 1st ext 4Vis..1939.
3Vis
...
impt 4 Vis series C
1st
gold
...,1939
AgConsol ext 4Vis.
^Minneapolis & St Louis RR—
A 1st
ref gold
&
&
ext
104
89
89
j-j
M-S
*62%
j-D
*99
j-D
88%
4s.——1949
50-yr 5s series A
10%
1Q%
13
q-r
5 Vi
5%
1
3%
Prior lien 5s series
-.1965
4s—...2——...1973
F
—,..1977
A 1st & ref 5s< series G_,—-.-2.3978
AConv gold 5 Vis—
...1949
A 1st & ref gold 5s series H..—1980
A 1st & ref 5s series I—
1981
Moh'k & Malone 1st gtd gold 4s..-_1991
Monongahela Ry 3 Vis series
B_—1966
Monongahela W Penn Pub Serv—
1st mtge 4Vis__—
2—
..I960
debentures...—^—.....—1965
6s
1st & ref 3Y»s—.1966
5s ext.—..1951
Morrell (John) & Co 3s debs..—..1958
Morris & Essex 1st gtd 3Vis..._._200Q
Constr M 5s series A—;—...
1955
Constr M 4Vis series B__
—1955
Mountain States T & T 3Vis.
1968
Mutual Fuel Gas 1st gtd 5s
1947
Montana Power
Montreal
Tramways
112
..56%
A-O
,64%
77%
73%
20
63%
5Q
53%,
lo
57
69 Va
74
36
57%
49%'
48 Vi
.
68%
F-A
68%
68
MS
25%
24%
MS
68%
67%
.
68%
F-A
56%
41
182
22%
56%
11%
f
68%
•
72%
V
''9%
13%
|
72%
'■
56%
112
.55
257
.
72%
I
60
19
70%
V. 73%
107
107
10
104%. 107
A-0
108
108%
11
108
A-0
111% in%:
65
111
105% 106
f
114%
J-D
i
111%
5
J-D
59
58%
M-N
66%
65%
2
100'%
63 y8
1978
73
47%
69%
43%
65
62%
60%
108
*108
M-N
*110% ill
112%
110
108%
J-D
112
4 'As
105%
102'A
103 Vi
103%
107
107
107%
MS
102%
102% 102 'A
6
1st mtge 3s__1965
JANaugatuck RR 1st gold 4s__.—1954
A-O
105%
105% 105%
10
M-N
*104% 106
5s_——1948
JANew England RR gtd 5s
..1945
A Consol gtd 4s
....
1945
New England Tel & Tel 5s A
1952
j-d
*113%
Newark Consol Gas cons
j-j
116
104%
99%
116
113%
96%
84
96%
21
95
95%
23
84 Vi
95%
115% 116%
3
114%
117%
1
122%
126
95%
j-d
gtd 4Vis series B
......—1961
N J Junction RR gtd 1st 4s
.—1986
New Orleans Great Nor 5s A.
1983
j-j
104
103% 105
13
94%
105%
1952
New Orleans Terra 1st gtd 4s
1953
tNew Orleans Texas & Mexico Ry—
§ANon-cum inc 5s series A..—.1935
j-j
103
102% 103%
12
93%
103%
j-j
105 %
105% 105%
19
96
106%
1st ref & imp 4Vis
O & N E
N
A
deposit—
deposit.
of
5 Vis
A 1st
^.1956
1954
series. A
2
of deposit
&
Conv
Y
N
impt 4Vis series A.
...2013
imnt 5s series C
....—2013
&
secured 3'As. j..;
3Vis
_.
3Vis
& Hud River
Cent
1952
-.1997
1997
registered...^.
*71 'A
A-O
"
A-O
M-N
_....1998
3Vis
registered—*
New York Chicago & St
Louis—?
....1974
129
101% 102
97%
92%
92%
80
6
•f
73
*68%
76
'
46
M-S
102
101%' 102%
288
I960
1st
lien
&
ref
3'As
series E
Purchase money
For
gold 4s
footnotes
see
page
;
A-O
97%
105 %
A-O
108'%
1948
j-d
..1949
F-A
N Y Gas El Lt H & Pow gold 5s
•
108 %
1988.
66
84
80 Ya
79 3A
80 Ye
98 3A
995/o
146
80 Ya
J-J
99
87%
87
88
18
67 3A
89
J-J
873/a
863A
87 Y4
40
67%
89
J-J
J-J
.
100 VA
VA
110%
18
107
1003A
108
100'%
101 VA
110 YB 111'A
16.
HQYa
112'A
107'/a 108
110 Ya
18%
15 Ya
21'/a
1
108'/a
111'/a
16
104 Ya
110 VA
102 Ya
104
13
103%
105 Ya
105 Ya
108Ya
20
18'/a
18
110
110
105% 105%
104
*102
103% 104
*105Ya 106 3/a
105 Hi 105'/a
:
Series
*99%
J-D
1063/a 1063A
17
106'/a
J-D
107 Ya 107Ya
24
107%
111'A
106%
107 »/4 107 Ya
26
104Ya 104'/a
1
104Ya 104 Y4
11
A-O
108 Ya 108 %
1
109'/2 109 VA
10
J-D
107Ya
J-D
J-D
J-J
114
1st
105
109
1st
78%
105% 105%
11
105'/a
108% 108%
5
Pitts
98 Vi
1093i
106
115%
{•
109%
111
1 st
1st
110'/a
113'A
'
116%
100%
*100
*111%
J-D
*105
'
101%
108
103 Va
J-D
M-N
111 Ya
,
105
109
106
109 Ya
7
109%
J-J
109
J-J
1063A IO6Y4
1
105%
108 %
108'A
110'A
106%
110%
108'A 109%
8
F-A
1093A 109 3A
2
M-N
108'/a 108'A
13
108
108 Ya 108 Ya
1
108
1C53A 106'A
55
124% 124 VA
2
F-A
109%
M-N
A-0
105 3A
F-A
98%
109 Ya
109Y4
107'/a
121
125
118
J-D
117 Ya 118
44.
109
119%
15
115%
1263A
105%
117%
115'/a 115%
117 Ye
99 Ya
104'A
series
1st; gold As-
.—1974
B—
deb 6s—
1949
—
196?
deb 3s
J-J
A-O
103 %
M-S
A-O
77
46'7a
Apr
105'/a
J-J
Co
series D__
5%
inc deb—,
A——197?
—1964
109
109 Ya
5
23%
53
105%
105 Ya
104.
J-D
105'A
105'A 106
F-A
107
72
107%
99%
101%
107
131
132
126 %
■
1073/4 108VA
40
105 Ya
109 %
106 %
45
106 Va
111%
101'/a 101 VA
2
101
104
106 aA
J-D
101%
J-J
713A
71%
72 Ya
75
M-3
30
293/a
30'A
144
38%
17'%
73 Ya
31
104
105%
104%
106 Ya
104'A
105 V*
2
14Ya
15'/a
24
7Ya
15 Ya
15 Ya
3
6'/a
lOOYa 101'A
23
100%
1013A
103
104
104
104 VA
104 VA
M-N
*105
M-S
J-J
15%
F-A
82
103%
25
105",
121
*126 Ye
MS
95%
87 Ya
8
71
*131%
J-J
J-J
81
55%
46 Va
46'/a
99 Y4
98'/a
100'A 101 VA
99 Y4
112%
20
77
76%
101%
M-N
1st 4'As
79
104
M-S
J-J
guaranteed——.1945
gtd gold——_—1949
F 4s guaranteed gold,.—1953
G 4s guaranteed
—-1957
H cons guaranteed 4s_—1960
I cons 4'As
1963
J cons, guaranteed 4'As—1964
—
V
•*106
F-A
F-A
D, 4s
103'%
•»
1964
23As debs„
Cine Chi & St Louis—
1st 4%s series A
1958
mtge 4'As series B___—
1959
mtge 4%s series C—
—1960
Young & Ash 1st 4s ser A—1948
gen 5s series B
1962
gen 5s series C——
1974
Pittston
105%
113%
97
Pitts & W Va
1023A
103
114
114
105%
102%
"
106
102%
*102
M-S
1103A
106
110
M-N
106'A
110
IO8Y4
106
87
73%
104%
108
11
Gen mtge 5s
>
111%
104
J-D
1103A
107
78
108
79%
__
34
Gen mtge
'
100
98
J-D
115% 116'/a
95%
30
105'A .108 %
103% 104 %
5s series A—.—1970
series B——
1975
Gen 4'As series C—
——197?
Pitts Coke & Iron conv 4%s A——1952
Pitts Steel 1st mtge 4%s_—
195Q
1st mtge 4%s series B
195Q
98%
*113%
Series
84
108'A
97%
Series
97%
78%
64
108
Series
102
69 Ya
62%
"l
103 VA
3s
101 Va
*100% 102%
f-A
70 Ya
115%
Philip Morris Ltd
78
78% ' 92%:
/
63
72
Re? 4Vis series C_
———1978
1st mtge 3ViS' extended to...
1947
N Y Connecting RR 3Vis A__
1965
N Y Dock 1st gold 4s
2.2—V9.51
N Y Edison 3'As series D__
1963
A-O
61%
42
125'/a
80
65-
■
73%
87
83%
3
79%
*74
A-0
.
22
96%
36
,
51
A-O
Seriis
.63
:
107% 107%
series A__
101 %
53
11
A-O
74%
81%
287
107%
5 Vis
88%
38
65%
105'A
series B———1968
Series E 3%s
73% .75%
:
A-O
Ref
AConv
Series
75%
73
1
67'A
J-J
78%
70%
F-A
F-A
Q-A
117
101'/a
66 Ya
104'/a 104Y4
J-J
Phillips Petroleum
56%-
92%
129
121%
92 Yn
65 Ye
66%
M-N
857/a
392
F-A
125
116
101 %
104%,
J-D
74
85%
70%
j-j
133'A
129
21
132%
131 Ye
*129
J-D
87
68%
97%
48
*121
J-J
73%
11
83
59
102
89'A
473A
40
gold 4%s_—1970
81
"
68%
229
j-j
82%
34 VA
„
debentures
^————1963
tSAPhiliPPine Ry 1st s f 4s——1937
A Certificates of deposit.—
69
73%
F-A
3Vis_.
82%
72%
73%
8
11
,■
125%' 126
5s
Pittsburgh
F-A
110%
84
J-J
fPhiladelphia & Reading Coal—
a ref 5s stamped
——.1973
*101%
j-j
109%
108
37 Ya
M-S
gold 4%s series Q—1977
Philadelphia Cq coll tr 4'As—.1961
Phila Electric 1st & ref 3%s——1967
1st & ref mtge 2% s_—_—
1971
84%
,71%
3
77%
i
82%
83
13
80
•
77%
*70
..1998
3Vis registered
..1998
Mich Cent coll gold 3Vis__.—.1998
Lake Shore coil gold
80%
*__
,s- \
i~-b
106Ya
22
363/a
F-A
General
82%
72
1
80
80%
80%
—
Newport & Cincinnati Bridge Co—
General gtd 4Vis_-————-1943
N Y Central RR 4s series A
.1998
Kef
80
F'-A
18 %
1
108%
J-D
5s
General
70%
71%
71%
16
81%
80%
—
ACertilicates
Ref
61
A-Q
F-A
31
56
99
21 Ya
F-A
,.—1974..
Phila Bait & Wash
75
62
71
*69
—
series D——
2
ACertilicates of deposit—
4 Vis
A 1st
J-Q
88
88
*91
—.
——1956
series C
5s
Certificates
1954
...
of
Certificates
A 1st
A
series B
5s
124
;
deposit—....
of
ACertilicates
A 1st
124
F-A
1
95
111
106Ya 106Ya
83%
Q-F
.
14
87
108
*34 Ya
,
M-N
1st
8
95
108
Q-J
Q-J
.
.
21
7'/a
A-q
.
50%
15
108'A 108'A
21%
106%
108
109
34
20
8
.
General 4'As series D—
105%
96
96
j-j
105%
43
*90'/8
111%
105%
14
3
43
69%
107
10734
*16
O-A
.,1981
Gen mtge 4'As series E—
—1984
Conv deb 3%s
———1952
c Peoples Gas L & C ref ,5S-.-.i—--1947
Peoria & Eastern 4s ext..—..——I960
AIncome 4s—
Apr1Q90
Peoria & Pekin Union Ry 5%s—1974.
Pere Marquette 1st series A 5s——1956,
f'
1st 4s -series B
.—1956.
1st gold 4'As series Q—
:,1980.
<Phelps Dodge conv 3%s deb—.—1952.
108
J-D
Steel
J-J
5Y4
52
10
105% 105 Ya
M-S
Pennsylvania RR—
Consol gold 4s
.——1948.
4s sterl stpd dollar
May 1 1948.
Gen mtge 33As series C—
1970
Cons sinking fund 4'As———1960
General 4'As series A
—_—1965
General
27
Dairy Prod 3Vis debs.i
...—1960
Nat Distillers Prod 3 Vis debs—1949
National
..
M-S
•:
•
debentures
Debenture
93%
82
93 Vi
93%
93'A
26
Nat
•
3Ya
9
4
6 6'/a
F-A
ctfs D.—1944.
trust ctfs—.—.1952
Pennsylvania Glass Sand 3'As——196G
Pennsylvania Ohio & Detroit RR—
1st & ref 4%s series. B——1981
1st & ref 3%s ser D.
—1968.
Penna Power & Light 3%s———.1969
Guaranteed. 3'As trust
N
series A
18%
44
15
:
.
*105'/a 107 Ya
j-j
.
—1964
3%s—
Pennsylvania Co—
f
••
Nash Chatt & St L 4s
93A
4
A-0
Gtd 4s series E
101%
48%
144
67
|
96%'
168
59%
.■
94%
101
101
.
109
105%
1
95%
95%
J-J
F-A
107%
66'A
105 Ya
M-S
1
'
F-A
61
102%
;•&
J-J
=
56%
56'%
140
68%
69%
M-S
M-N
63'A
1
14%
J-J
Pacific Gas & EI 4s series G——1964
lsu & ref mtge 33As series H——1961
"1st & ref mtge 3%s series I__
1966
'.1st & ref mtge 3s series J—1970
•*.'
1st &, ref M 3s series K
.—1971
Pacific Tel & Tel 3'As series B——I960
4
Ref mtge 3%s series
.1966
Paducah & 111. 1st s f gold 4'As.—1955.
s
Panhandle East P L 3s B_.
—196U.
PatersonAk Passaic G St E cons 5s2l949.
;
73
68%
67 Vi
M-N
48%
66 %
M-N
i' Pacific 'Coast Co 1st gold 5s___—_1946.
30
.268
'
68%
■
,
72% '
68%
10%
,
.
126
>
,
67%
10%
A-O
V
25%
'
67%
68'%
M-N
313/4
53%
t-
64%
66%.
;•;t
M-N
16%
O
>
105
100
'
65%
■
94
41
107% 107'A
F-A
tOgdensburg Ji.Lake Champlain Ry—
§ A 1st guaranteed 4s—
;——1948
Ohio Edison 1st mtge 3%s
2—.4972
GkiaJionia Gas & Elec 3%s—1966
Ontario Transmission 1st 5s——1945
Oregon RR & Nav con gold 4s._—1946
Ore Short Lin3 1st cons gold 5s—.1946
Guaranteed stpd con^ 5s—
—1946
i'
'
65%
73
61%
%
49
82
74 Vi
.
66'A
j-J
1st & ref 5s series
A
61 Vi
62%
73
j-j
AGeneral
93'A
536
72
j-j
A——Jan496?'
167
65% I
70Vi
1.1962
1978
97%
97%
*105%
•
64
88'A
21%
82
55'/a
States Power Co—
(Wise) 1st mtge
]
61%
-.
j-j
A:——.—.1962
^Missouri Pacific RR Co—
2
A 1st & ret 5s series A—
...
65%
50%
4
F-A
(Minn) 1st & ref mtge 3%s__—1967
1st mtge 23As—
———1974
1
-
93%
97%
j-j
71
adjust 5s series
a Cum:
,
j-j
Northern
6
M-S
j-d
40-year 4s series B
......
Prior lien 4'.is series D—...
12
7%
tMlnn Ct Paul &
'
75.%
'
/
v
90%
32
V
t
103%
97
88%
88
impt
Ref & impt
45'A
14%
A-0
71
55
106
&
Ref
/
j-
108 Vi
106'/a
65
impt
5
49
.
94
73
8
20
107 'A 107%
107'A
A-O
:
1962
Sault Ste Marie
1st mtge 4 Vis inc ser A_—.—1971
Gen mtge 4s inc ser A_—
1991
tAMissouri-Illinois RR 1st 53—^.1959
Mo Kansas & Texas 1st 4s—.—.1990.
Missouri-Kansas-Texas RR—
Ref
a
104
M-N
100%
102%' 105%
1
&
,
19%
95
*100
Michigan Central-
Ref
59%
Ya
93
49
54%
55
J-J
2047
4Vis series A
2047
6s series B—.——2047.
5s series; C—
..2047,
5s series D—...
.2047.
Ref & impt
61
J-J
registered
I
100%
92
2
14
14
M-S
111%
108%
4s__1997
registered——1997
ry & Id gold 3s.
Jan 2047
3s
61
463/a
60%
45
51
.
,Gen lien
v
101%
2-
.'1
F-A
102%
101
46%
32
M-N
4 Vis series A—
—1998
mtge 5s conv inc..—.——2014
Northern Pacific Ry prior lien
4s
100% 100%
108 far
MS
A-O
83
.
104'A 104%
108% 108 ct
A-O
71%
>
*162 'A
.
McCrory Stores deb 3%-.:
21
100
:
..
...
*101'4
A-O
Stamped
A-O
28
52
82%
65
MS
90%
65%
j-d
21
99%
99%
...I960
mtge 4Vis series A...
Gen
99%
J-D
23
50%
M-N
*§ANorfolk Southern RR 5s A
1961
Norfolk & Western Ry 1st gold 4s_1996
North Central gen & ref 5s
1974
Gen & ref 4%s series A—...—.1974
M
.1945
Central RR 4s series A
Maine
Co—
50%
49%
J-D
mtge
A Gen
49%
M-S
4%s.
1946.
3%s—..... 1966 .
Lock & Ont Pow 1st 5s A—1955
Norfolk Southern Ry
59
50 Ya
A-0
Niagara Falls Power
Niag
45'/a
J-J
1943
—1967.
3'As series B
60
48%
40
J-J
1st cons gtd
Terminal 1st gold 5s
Ya
48%
M-N
1954
-
46
48%
J-J
t§AN Y West & Bost 1st
103
*102%
N
100
94%
*98% 100
-
M-S
J-D
A
104%
102%
*102%
F-A
104%
105%
5
102% 102%
J-J
21 Ya
15
*46 Vi
A-0
43——1993
N Y Queens El Lt & Pow 3%s—1965
N Y Rys prior iien 6s stamp.f——1958
N Y Steam Corp 1st 3Vis—
.1963
IIAN Y Susq & W 1st ref 58—1937
§ A2d gold 4 Vis
......
1937.
§ AGeneral gold 5s—
1940
106%
105%
493A
87%
N Y & Putnam
107'A
106
A-O
493/a
'
M-S
>
108
105% 105%
A-O
89%
87'%
21%
Hartford RR—■
tAN Y Ont & West ref gold 4s
1992
AGeneral 4s—__—;—....—.1955
nd
100%
87%
M-N
1st
103%
105
83'/4
87
49%
104%
102
47
102 3A 103'A
105% 105%
M-S
South Ry joint monon 4s—....1952
Atl Knox & Cine Div 4s._
.1955
122'A
12
107
M-S
;
127'A
120
120% 120Va
71
77
M-S
New Haven &
Y
110%
18
28
__
ANon-eonv
78
64%
123%
101%
3
80'A
80
80
M-N
—
,
103
.
109% 109%
109 %
M-N
.
A 1st & ref 4%s series of 1927—1967
t a Harlem River & Port Chester—
;
27
J-J
ANon-conv
*109
M-N
.....
57
*109%
106 Ya
102
*108
'
J-J
;
High
Low
'
deb 4s—.
.......1947
deb 3%s——1947
ANon-conv deb 3%s__,....,....;.1954
ANon-conv
deb 4s
1955
ANon-conv deb 4s
—....1956
a Debenture certificates 3 Vis..,.1956
AConv deb''6's_,
1948
§ a Collateral trust 6s_.
...1940
A Debenture 4s__
—,1957
■
£
42%
January I
104
1973
4%s series B__
IN
48%
46%
26
■/
.
i
35
6
•126
A-0
.2003
1st & ref 4'/2s series
2003
1st & ref 4s series D._
..—..2003
1st & ref 3%s. series. E
—2003
Unif mtge 3.Vis series A ext
11950
Unif mtge 4s scries B ext—...—1960
Paducah & Mem Div 4s__
—1946
St Louis Div 2d gold 3s.____.__.l980
Mob & Montg 1st gold 4 Vis
1945
ref 5s series B
&
46
& Nashville RR—
Louisville
1st
45%
A-O
.1966
Jeff Bridge Co gtd 4s..—.1945
&
Lou
45%-
2
"J
43%
36%
49 '
36
•
44%
32%
39%
36
74%.
m-~N
3%s
Louisville Gas & Elec
38%
36
38 Vi
,
33
272
36'A
__
M-N
80%
M-N
Harlem gold 3%S—......2000
Mtge 4s series A
1
—.2043
Mtge 4s series B
—.2043
N Y Lack 6i West 4s sehes A...—1973
&
N Y
;
•
35%
35%
35 Vi
Range Since
Sold
No.
Hiah
'
: 69%
64%
25
Bonds
Sale Price Bid St Asked
Period
Lo»
Nigh
59
34
75
•
•
Valley RR—
stamped modified.
Lemgn
Week's Ranee
or Friday's
f
No.
64 Vi
74%
64
j-j
ext..*,—1950
Lehigh Valley N Y 4%s
January 1
Last
Interest
Stock Exchanr«
New York
f
Sold
Hiah
Low
Range Since
Bonds
Last
*103
-
*113 Ya
F-A
*114% 117 VA
F-A
*122
M-N
*123
'/a
126
VA
126 Y+
112%
112
M-N
J-D
17
112%
*112
J-D
19 Ya
114
113-%
14
123'A
123
127
115
122
124 'A
'1163A
127%
129% 129%
A-O
3
116
130%
5
105%
107 VA
102
105
102%
105 3/a
105
J-J
105'/a 105%
M-S
103 Ya 103'A
J-D
1033A 104'/a
4
'14
J-D
103 Ya 103 Ya
2
101Y4
J-D
75'A
10
59'A
A-0
73'A
*73 Va
A-O
733A
104%
75'A
J-D
*106
F-A
4
58%
76
12
75
107
58
•107
VA
*122
121%
83 Ya
83
83
107 VA
121%
J-D
J-D
J-J
96
95 'A
96
.18
86
96
Monday, November 6, 1944
THE COMMERCIAL & FINANCIAL CHRONICLE
1988
RANGE
BONDS
Last
Interest
Period
Viah
;
m-n
''
—
110%
Term Coal Iron & RR gen
Terminal
*106'A 107
106%
107%
J-J
*148'a
147%
148 »/8
Gen
2037
J-D
*222'A
224
224%
Ref &
—
.
—
3A
99 3A
99%
97
94
17.
107% 107%
5
104'A
106'A
107%-
39
101'A
105% 106
1997
J-J
1956
105'A
J -J
deb 3'AS———
3'As
1960
M-N
1939
J.J
1949
Elec Corp—
Gas &
mtge
Gen
mtge 3'As
A
stamped
Rutland RR 4%s
A-0
96
59
64'A
1977
3%s series I
—
series J.—
i§AR I Ark & Louis 1st 4'As
JARut-Canadian 4s stpd—..——
Gen
5s
series
&
ref
5s
series
& ref 5s
series
D
us
*125%
us
*111'A
1967
MS
1934
MS
1949
1941
Jos &
St
Bt Lawr
A-
111%
47%
15
15
15'A
15%
110%
*39%
78
48'A
J-/
1947
1996
"i 1
Bt
tSt Louis
41
4s
12
lien 5s
A Prior
ACertificates
4'As
ACons M
ACertificates
tSt
19'A
\
3s
1955
*91
J-J
45'A
J-J
48
8
land
J-J
A-O
95
2
32%.
45%
48
403
36%
50
46
3
36'A
48%
36'A
37'A
988
36%
36%
14
m-s
M-N
;_iv
19
86
53
16
38%
1-0
1951
A-0
1959
MS
47
45%
46%
185
,27%
46%
31
42%
66
24'A
...
F-l
J-J
Oil 2'As debs.
—1954
2%s sinking fund debentures—1961
t§ ASilesian-Am. Corp coll tr 7s—..1941
Simmons Co debentures 4s
-1952
Union
irtt
J-J
F-l
70'A
1-0
-
70'A
104% 105
~7
1966
112
112
106
111%
-5
104%
100
Lw
M-B
1971
.
J-J
4s series A
'
*108'A
*
Gen
1st ref gtd gold
West
62
Western
Penn
1st &
t A Western
102'A
Western
70'A
Pacific
109%
105%
107
108
13
105% 109%
100% 100
18
95% 101%
M-S
91
MS
87
Af-N
85 '/a
1st
——1968
1969
Gold 4'As
1981
San Fran Term 1st 4s——
-1950
South Pac RR 1st ref gtd 4s—1955
Af-N
Stamped
294
251
66%
88
85%
377-
65%
86%
65%
25
101%
J-J
gold 5s——1994
Devel & gen 4s series A
1958
Devel & gen 6s_—_——
1956
Devel & gen 6'As
.—1958
Mem Div 1st gold 5s
1990
8f Louis Div 1st gold 4s
—1951
Southwestern Bell Tel 3'As B——1964
1st & ref 3s series C__.
1968
Southwestern Pub Serv 4s__—1972
cons
91%
118'A
118 'A 119%
49
93%
93
92%
93%
l-O
92%
105'A 106
108% 109
J-J
107% 107%
106%
110%
10
——1953
J-J
103%
103% 104 %
27
102
51%
104
102%
deferred
In the
Oct.
following
28,
include
in
week
delivery sales are disregarded In the week's range unless
they occur. No account Is taken of such sales in
(Nov,
«
t o c k s
Tork
Curb
Friday
Last
Exchange
Sale Price
♦
ACF-Brill
rtv-uit:
Aero
vv .re
Motors
oo
warrants
Supply Mfg class A
Class
Air
Associates
Aircraft
For
Inc
50
3%
3%
pno
9%
700
]
Corp
see. page
2%
26%
i
(NJ>
Accessories
footnotes
2%
300
,
;
1993.
50c
2'/a
22
ly%
3%
9
9%
12%
7
11%
12%
6%
7%
'.j
116%
*65%
■.
M-N
18
18%
74%
60%
60
19
15%
57'A
y
15%
i
70
14%
22%
-.w ;
18
14%
M-N
1960
;
1,200
12.900
Included in
18
104% 104%
104%
d Ix-lnterest.
the years range,
e
Odd-lot tale not
sale not Included In the year'i range,
r Cash ,iale
'
TThe price represented 1« the dollar quotation per 200-
Accrued Interest payable at the exchange rate of $4,8484.
flection 17 of
EXCHANGE
RECORD
YEARLY
week, and when selllnf outside the refular weekly range are ehowm
they are the only transactions of the
computing the range for the year.
the New York Curb Exchange for the week beginning on Saturday,
is intended to
'
.'
-
New
SaJe Price
Sep
Jan
Sep
2%
26%
Oct
,
21
Jun
Air-Way
10
x8%
July
Feb
13%
Oct
Jan
8'A
Oct
jj
t
2
10
common
preferred
3
50
Appliance
Southern
Electric
Alabama -Great
.4% July
Feb
Investors
Convertible
Jan
3'4
6%
,
Air
Sep
preferred
•
:
Shares
—
i
107
'•
Allegheny Ludlum Steel 7%
pfd
100
■—
.
•
■
—
'
•
.
2
Jan
3
35
Jan
35%
2%
Oct
Jan
Apr
4
July
,102
Mar
30
,
118
107
2
.
1
89
Jan
30
100 % 101
118
>_
300
3%
3%
3%
High
Low
500
2%
"
100%
Range Since January 1
Hign-
2%
Alabama Power Co $7 preferred.;—.—•
*6
,for Week
of Prices
Low
Par
/
High
Sales
Range
Last
Exchange
Curb
York
Week's
Friday
STOCKS—
;
Low
26%
not
Range since January 1
High
1
1
B
of Prices
10
Ainsworth Mfg common
104%
116%
120
fCompanles reported as being in bankruptcy, receivership, or reorganized under
or securities assumed by such companies.
♦Friday's bid and asked prises; no sales being transacted durln* current week.
A Bonds selling flat.
i
Shares
>1
common
•«>-"
for Week
Range
Low
Par
101%
71%
1944).v.' It is compiled entirely from the daily reports of the Curb Exchange itself, and
which%^y: dealings have occurred during the current year.
'
Sales
Week's
sale
delivery
,HGrange for week ending November 3
New
2
68%
..
the Bankruptcy Acc,
3,
security, whether stock or bond, in
every
103% 103%
71'A
106
105%.
which
M^present Friday
100%
101 'A
Sheet & Tube—
3'As series D—
Deferred
exte^siyg list we furnish a"uorapletQ record of , the transactions on
ending
and
91%
110%
pound unit of bonds.
...
AND
WEEKLY
the
68
111
NEW YORK CURB
and
69 %
111%
109%
104% ,106%
in
72%
53
110
107%
60
3
footnote
49
99% 100
99%
.
INegotiability impaired by maturity.
111%
49
2
51%
53
a
63%
107
102'A
55%
*109
107%
102% 102%
NOTICE—Cash
33
100%
101
*108% 110
112'A
104% 105%
In
67%
63
A-0
Included in the year's range,
n Under-the-rule
not included in the year's range,
y Ex-coupon.
107'A
4
111
111
Apr
100%
109%
105 'A
debenture
66%
of
1st mtge s f
100% 115%
5
20
50
J-D
2%s
107%
5
A-0
a
1st gold 4%s__2013
Stand Oil of Calif 2%s debs
1966
Standard Oil N J deb 3s———1961
F-l
lt>2
36
J-J
113
115% 115'A.
M-N
25
102
109
96
J-D
ASpokane Internat
108%
*110
J-J
—1968
Public Service 3'As„—_1971
Youngstown
94'A
•
12
J-J
.
73%
112'A 113
113
101%
X
120
105
'
14
J-J
—
99%
.3
Wisconsin Elec Power 3%s
86
103% 109
l-O
77%
J-J
105'A
106% 106%
104% 105'%
l-O
107
72
n
106%
163
104%
-
105%;
98%
Wisconsin
257
85%
88'a
63%
J-J
—
——
Ry 1st
91'A
,
84
85%
1-0
J-J
93 'A
87%
90%
96%
84%
'
—
_
Southern
69
10 1 %
7
67
J-J
guaranteed—.—2361
——-2361
deposit——
5ASu & Du div & term 1st 4s—1936
ACertificates of deposit———
ACertificates
112%
19
102
102
J-J
Wheeling Steel 1st 3'As
101'A
109%
106% 107
M-N
.
94
101
119
106%
106% 106%
107
J-J
107
101
117%
4
104% 105%
106%
—1979
~4
101%
7
98%
M-S
M-S
107
102',1
118%
99
J-D
4s_—>—1949
107
53
98
100%
109% 110
Af-N
series B—-1966
Wilson & Co 1st mortgage 3s__—-1958
Win.sion-Salem S B 1st 4s_———1960
t A Wisconsin Central 1st 4s—
1949
*126
1-0
Registered
1
102
84
;
Wheeling & Lake Erie RR
A-0
1st 4s
West Shore
38%
89%
102
107% 107%
M-S
109
103%
;
12
50%
106'A 107
J-J
gold 5s__——;——1951
25-year
.
95%
*99%
J-J
4'As——1950
Funding & real estate
,
3
118
A-0
1977
A_—1946
Co—
Telegraph
Union
102
106% 106%
118
J-D
1st 4s__.—A.—1952
1st -5s ser
56
102
J-D
3'As series I—1966
Power
Maryland
68
36
*100%
F-A
N
1967
—
44
78
101%
M-S
Geld 4'As
104%
98
88%
50
124
Gold 4'As——
100%
80
j
F-A
106%
-1949
—1977
35
102'A 102%
101%
123
registered——
4'As (Oregon Lines) A
111
76
105%
4s
107%
106%
A-0
3%s-2000
ref 5 %s series A
102%
105%
3'as
mtge
66.
103
*100
100
100
26
87'A
103
J-D
_>
107% 108'A
';
76%
18
coll)———Aug 1949
"
15
88 Va
15
Pac
106%
90
97%
102'A
106'A
(Cent
I
■
__
9 7'A
Apr
106
4s
100
;
Apr
103'A 103%
107
—
,
30-year 5s—————1960
Westinghouse El & Mfg 2'As
1951
Pacific Co—
'
13
97%
F- A
debentures——
99'A
105'A 105'A
A-0
J-J
3s
97%
105%
•
Pacific Div—
See Chic & Northwestern Ry
Skelly Oil 3s debentures—.
1950
Socony-Vacuum Oil 3s debs——1964
South & Nor Ala RR gtd 5s——1963
South Bell Tel & Tel 3'As—
1962
Southern
6
•
'
106 % 108%
'
1958
i
—
101%.
*108%
J-J
Westchester
•
&
Citv
Sioux
101%
*112
MS
mtge
54
52%
,
4
,
2
98%
104
106%
A-0
2003
5s;
100%
*101% 102'A
104%
98%
r-A
US
100
23
101% 102'A
101
101'A 101%
U-N
mtge
23%
11
105 Va
2
'
series A___1953
1957
cons
25
64
101%
..
4s inc series A___—.1981
Gen. mtge inc 4'As series B——-1991
Walworth Co 1st mtge 4s
^1955
33
24
5
101% 101 %
Washington Term 1st gtd 3%s
1945
1st 40-year guaranteed 4s___—;_1945
Ltg 5s stpd gtd
1950
21%
20
66
104'A
104
■
F-A
28%
24
110%
Q-M
42
M-S
.5
101'A 101%.
V -A
Washington Central Ry 1st 4s——1948
584
F-l
109%
A -C
Warren RR
33
.
111%
106
1
75
47
595
106%
108%
106% 106%
73%
31'A
34
107
102 %
109% 110%
43%
45'A
31%
108%
102%
91
.
110
Southwest 1st gtd 5s
Gen
34
34
106%
8
106
'•'(.Lv
43
10
187
46%
4s——1933
ctfs_—-1935
certificates.,,
.1933
;
128'A
126%
73
52
106
105
106
A-U
&
105'A;
75
106
U-S
mtge 3s series D
.—1974
Iron Coal & Coke 1st gold 5s—1949
104%
103%
128 y2..
104%
vt
102 k
46%
MS
106% 107
20%
106%
102%
15
48
33As debs
Wabash RR Co—
38'A
5
-
106%
110% 112
103%
*105% 106%
•
A-0
64
30%
121
33
A-0
103%
107%
18
18
J-D
Virginian Ry 33As series A—
%
3
<
J-J
■
& Pwr 3%s series B—.1968
Elec
1st
104
71
75
101%
'
104%
71
1-0
,
'V'X;v'
103'A 104%
.■
■
104%
92
37'A
*—
103%
Va
104
•':
J-J
F-A
1st & ref
104
104%
•—
82'A
63'A
60
35
A-0
40%
106%
111%
18
'
59'A
37
Va
106%
97
•70%
11
-*104% 105
F-A
104
>_
A-0
.——i—
Pictures
Cons s f 4s series B
37%
28%
62'A
■'■■■
J-D
101%
120
*106%
Af-N
Va
86'A,
85'A
62'A
J-J
16
1955
3'As debs
Vandalia RR cons g 4s
37%
28%
*104% 106'A
J-J
104
.
46%
33
758
45'A
-
88
.96%
102'A 102%.'
M-S
71
30%
1
94
89%
93'A
Universal
44
-
99
104%
%
432
•
J-D
102%
46
J.J
102 %
J-J
Cigar-Whelan Stores 5s
Called bonds
100
97'A
1
29
43%
U-N
39
103% 103%
^
103
105
88
35%
39
—
1952
——1958
United
36'A
—Nov 1983
82%
88
A-O
J-D
1947
1970
—1971
_198U
grant 4s—
77
37
MS
98
103%
Pacific RR—
&
United Biscuit 3'As debs
46
fgAAtl & Birm 1st gtd
tASeaboard All Fla 6s A
Shell
103% 104
J-D
1967
debentures
76%
44
& ref
series B
80%
1945
1959
34-year 3'As deb_
35-year 3%s deb—
Ref mtge 3'As series A
95'A 100%
28
X98% 100'A
J-J
& unifying 5s_.
1952
gold 5s series A
1990
St Paul & Duluth 1st cons gold 4S-1968
t§ASt P & K C Sh L gtd 4'As1941
St Paul Union Depot 3'As B——1971
Scheniey Distillers 4s s 1 deb
1952
Scioto V & N E 1st gtd 4s—
1989
ISeaboard Air Line Ry—
§Alst gold 4s unstamped
1950
g A 4s gold stamped—
.
1950
§ A Refunding 4s—
1959
ACertificates of deposit—
A 1st cons 6s series A—
-1945
ACertificates of deposit———
A6s
99
80
U
63
__
x98'A x98 %
{A 1st term
AGen
*76'4
M-N
1989
bond certificates
inc bond ctfs
4s
A2d 4s
99
1971
;
United Stockyards 4y*s w w___
Louis-Southwestern Ry—
1st
99%
J-D
gold 4s„1946
gold 5s
1949
1953
Union Electric Co of Mo 3%s
United Drug
of deposit
series B
*——1950
of deposit—
series A———1978
of deposit stpd
ACertificates
1st
& Elec
62%
76
76
—1950
A—
ser
Buff 1st
&
Gas
106
100'A 101
stpd
Francisco Ry
San
lien
A Prior
79%
1950
1st 4s
West
Union Oil of Calif 3s deb__„
106
MS
Pub Serv
L Fockv Mt & P 5s
222
1960
17'A
ell
106%
A-0
deposit—------1st mtge 5s_——1959
St L
Louis &
St
Ham
108'A
j.j
—1988
4s stamped
Certificates of
99%
Jan 1960
*§ A Union Elev Ry (Chic) 5s
105
J-J
gold 6s
f-r'TZ
tst Louis Iron Mountain & Southern—
River & Gulf Division
A
99%
98
Cent ref & impt 3%s—1960
50
;
*106'A 106'A
1-0
1968
ijA 1st
81'A
99%
111 '/a
107%
..
J-J
2d
.
115%
A-O
Tri-Cont Corp 5s conv deb A
1st
Ltd 1st M 4 As
Grand Island 1st 4s
& Adir 1st gold 5s>
9
50
—
*108'A 110'A
48%
125%
125
99%
Orl 3%s„1974
New
income 5s
Ohio
&
of
RR
Ry 1st ref 4s
Ave
Adj
Union
Saguenay Pwr
106%
98%
us
1969
Tenn
Trenton
66 'A
10,6
125
99
Pacific-Missouri—
Toledo
90
31
106%
.1979
C„
Toronto
81
178
106%
105%
A-O
—2000
B
A
106%
125
104%
105
1980
ref
Tol
18
1977
&
Third
44 'A
41
93 »/e
64
...
33As series H
mtge
102'A 103
103
1967
4'As series D—
mtge
Gen
Gen
106
If-N
106%
91%
5
J-D
1965
—
113
105%
104% 104%.
debentures
111
*107%
105%
103
105
'118
117
■
5
104%
106%
105'A 106'A
94'A
101'A 102%
105'A
Grande West 1st gold 4s_.
cons & coll trust 4s A
Rochester
t
111% 111%
J-J
1959
deb
Gen
105
58
102%
J-J
Copper & Brass
A 1st
120
*117
A-O
100'A
31'
A-O
t§ARio
Rand
106%
F'A
Pac
.1997
Kevere
Remington
102%
J-J
—1953
impt mtge 3%s series B—1974
Company 3s
Texas
.1951
Cent coll 4s
4'As series A
ref 4'As series B__
&
J-J
5s—1951
Gen
—-—1964
& ref
Gen
Af-N
f gold 4s.
s
Texas & Pacific 1st gold 5s
99
J-J
R
Gen
107%
of St Louis-
Assn
RR
refund
Gen
Reading Co Jersey
105 V2
104%
Texarkana & Ft Smith 5'As A—1950
3s
2%s deb
10934
8
Texas
111%
105%
A-0
1968
Q
Quaker Oats
High
16
100%
2037
m-n
Low
104%
30%
17
98%
110
110
110
„
: '
.
Range since
No,
103
•
16
20
20
.
*993A
J-J
1972
5s—
1st & ref mtge 8s——
Public Service of Nor 111 3%s~„
ref mtge
&
—
"
1968
mtge 3s
ret
&
1st
102'A 102'A
102'A
j-j
m-3
Hiah
104 %
104%
M-N
1961
January 1
Bonds
Friday's
113'A
100%
11
or
106% 106%
*103% 103%
J-D
1959
1956
debs
Superior Oil 3'as aebs
Swift & Co 23As debs
109%
113'A
*113
Oil Corp 3%
Sunray
105%
108%
108 'A
—
'
.—1956
1st
1
j-j
Last
Low
106
101
Sold
Bid & Asked
Sale Price
High
99'A
20
*103'A 108
F-a
3 'As—j.— —1977
1951
Pressed Steel Car deb 5s
—
1957
IK Providence Securities 4s
Improvidence Terminal 4s_
Public Service El & Gas 3'As—
law
Week's Range
Friday
Period
Interest
Stock Exchange
New Tork
January 1
No
105%
105
105
j-j
1st .mortgage
NOVEMBER 3
ENDING
Range Since
Sold
Sale Price Bid & Asked
m-s
.—I960
WEEK
BONDS
Bonds
Friday's
or
Low
Furtland Gen Elec 1st 4'As—1950
1st 5s extended to
->-1966
Potomac El Pwr 1st M 3'As—
FOR
Week's Range
Friday
;
Exchange
New Tork Stock
BOND RECORD
rORK
NEW
114
Feb
118%
Jun
10
104% Mar
107%
Aug
111'A
Oct
114% July
;
EXCHANGE
NEW YORK CURB
•
Exchange
Curb
York
New
Range
Last
.
of Prices
Sale Price
27%
*
35%
34%
113%
Aluminum Co
pla.
—23
common
:
preferred
6 %
Aluminum
Aluminum
Jan
30
31
31
Jun
300
Book
American
Oct
California
95%
Jun
107%
Oct
Callite
Jan
2% Mar
20
28%
Jan
42% Aug
1,000
5%
Jan
13% Aug
Jun
45%
73%
100
Mfg
■
10%
43%
43%
10
A,————25
Class
A'
——-25
Class B
—,—-1
American Cyanamid Co common____10
3%
Fork
Hoe
&
111%
Maracaibo
American
American
Meter Co
American
Potash
American
Seal-Kap
American
4,900
26%
1,200
40%
46
18%
18%
32%
33
17%
18%
5,500
26%
300
25%
25%
1%
Vi
Oil
Jun
$6
25%
Feb
34
Jun
Carter
(J
16% July
19
Sep
Casco
31%
31%,,
25%
"~%
%
Coast
18%
4%
5%
5%
3%
Drop
Atlas
Plywood
Central
July
Central
Power
Apr
Central
&
Jan
5 Va
Jun
Cessna Aircraft Co
3%
2% Mar
23 %
Apr
8% Aug
3%
700
3
3
May
Jan
10%
Jan
110%
18%,
19%
1,400
600
V 7% Apr
Controller
22%
;•
Sep
Clark
11%
7% Mar
11%
Oct
Claudd
V-
Clayton
1$
Jan
7
Jan
8% July
Cleveland
%
Jan
1% July
Clinchfield
3% July
Club
2'4 Mar
75
i
8%
9%
44'4
2%
2%
2,900
10% ; 10%
1,500
*5% Jan
15%
15%
7%
X7%
16 '4
7%
700
300
8
—25
.1
25%
25
25%
400
14%
14%
14%
%
Jan
if Aug
4,800
3%
Sep
5% July
Apr
9% July
9%
300
Columbia
5%
;
Jan
16
50
97
Jan
117
34
10 %
Southern
wan
Feb
9%
Jan
15 Va Aug
Community
Water
Service
•
& Wilcox Co—
Babcock
%
Jan
875
17%
Jan
66%
14%
18,300
12%
Sep
17% Mar
107%
1,900
92 %
Jan
118% July
12%
107
4-
v
8%
Barlow
&
Seelig
Mfg—
40%
40%
Beau
common.;
Beaunii Mills Inc
40 %
150
39 Va
Jan
;
9
8%
8
1%
9%.
9%
39 %
26
26
3%
3%
—
~5%
1,200
3%
8%
100
•
•
1
1
Hedges common,—,
Convertible preferred
Berkey & Gay Furniture
Bickfords Inc common
Birdsboro Steel Fdy
Blauner's
17
V
8%
100
17
,
C)
Co
common
3%
Sep
6%
Apr
2%
Apr
4% July
32% Aug
47% Mar
1,700
35
Bourjois
$5
56%
220
%
300
%
Apr
l'A Aug
11%
200
9%
Jan
12V4 Aug
iif-
tt
1/64 July
9%
20 %
5,100
2d
5,400
100
Apr
1%
Jan
50
50%
800
43 Va
15%
200
28
30%
80
24
2%
2%
Corp common
Aeronautical,,:
1
18
13%
'
•
Oil Co—
Mfg
Co
common
—*
*
—
Class s A
British
American
British
Am
Oil Co,—
American
Am
dep
31%
31%
400
30
31%
•
Amer
British
dep rets ord
B
<
A
class
1
Rubber Co
Co
Bruck
Silk
Mills
common
.
'
common
Niagara
Si.60
Ltd
&
•
A
Biscuit
(P
For
25
Hi
•
Sullivan
Corp Am
dep
92%
3%
19
3
6%
Jun ;
,
Feb
92%
10
1134
200
1%
23%
Jan
3%
Jan
.
26
10
100-
10%
600
19
18%
19%
6.100
14%
550
Feb
Nov
May
Oct
10
Apr
97%
rcts.<
.
page
3%
3%
4%
4%
4%
•n
1.600
Oct
Nov
10% July
1
3
19%
111
12
9 Va May
2.200
.
3%
25c
.
.300
July
10
100
Mar
14%
50
12
Apr
8%
2,850
5%
Jan
Jan
2
900
1%
Jan
87
150
83 Va
Sep
33
34
17% July
22%
23%
8%
Oct
\h
Feb
'
14
Apr
2% July
88
Aug
1,300
2
Feb
3% July
175
2%
2%
Oct
108%
Feb
%
2
23
Jan
36% July
9% July
28 Va Mar
9%
1,000
3%
Jan
5%
1,000
3%
Jan
10%
Jan
3Va
2,000
;
—
,
2
Jan
24
2%
3 Va
..25
Jun
__
3
.
__
%
400
3%
Apr
Feb
Va
1
Jun
11
6% July
15
July
3%, Aug
25%
Oct
Oct
4%
10
100
Feb
52
Oct
Jun
42
45
23%
22%
23%
7,500
19 Va
Apr
26
15
14
15%
3,900
3%
Jan
1.6% Sep
2'/a
Apr
V
—.——*
2.50
Inc common
(Mo)
Apr
22% July
% Jan
1%
5%
5%
;
—•
—25c
>_
3,400
4,900
1
—
5
(Md)
common
Apr
Apr
4% July
.
r
5%
-I,
8% May
—B
3%
Oct
9V4 Aug
,
6%
preferred.™—.
Iron1 Foundry
D1 aniond
Shoe
dep rets ord reg
Oct
Am
Divco
Jan
Dobeckmun
Corporation
Co
common
Domestic Industries class A com
Jan
Dominion
Bridge Co Ltd—i
Jan
Dominion
Stee) fc rnnl "R
21% Nov
33%
Jan
36%
Oct
6%
Mar
13 V4
Oct
36%
'5% _5%
3%
65
—
84
Oct
Jan
135
May
__
Va
72
79 Va
—:
,
1%
-6.
79%
Feb
16
Juri
Jan
21
July
%
700
-1%
5%;
Jun
5V4
8%"
79
10% July
12%
%
Jan
19
8
8%
Jan
5^8.
1,600
Jan:
Jan
29
Jan
26
6%
•
13%
12
13Va
9,800
12
10%
12%
2,300
9V4
13
£1
——1
5%
Aug
Mar
~5
8 Va
Aug
July
18%
Oct
13%
Nov
17
July
5%
Jan
12'A
Nov
Jan
19%
-
700
Oct
Oct
6% July
22% May
"6%
1
Oct
10%
1
v
Sep
13% Mar "
!
6% July
3%
20%
.,
Feb
1% July
22
• ? •
1
1,..
,..*
—25
Jan
.
r,
'
Jan
5% July
113
84
84
•
common.
Corp—;
Co Ltd—
Diana Stores
29
Jan
.
1
.10
preferred
Jan
15%
20
DetfOit Mich Sfct»vef^|;common—1
Detroit Steel Products——
—10
De Vilbiss Co common
10
7%
24
21%
36%
15
—
.-50
—____—__—.100
29
19%
21%
>
Nov
29
—
Detroit: Gray
Oct
<rl% July
..,4
preferred-——-,
debenture.
Distillers
2.000
1%
12%c
common
see
1%
s
10%
14
83
Derby Oil & Refining Corp com—,u—*
A convertible preferred
T.*
Detroit Gasket &. KPfg—J...
i
1
Nov
Aug
30
Jan
10
10%
10%
July
Jan
12
Mfg class A common.—.—5
$6 prior
•
Oct
3 Va
Nov
9
10
Oct
92%
1
Oan
10%
109 Va 110%
Petrol
Tobacco
Dennison
Feb
"
Sep
10
110
Cent
Drug Co common
convertible preferred
-——1
Class A convertible
35
Dejay Stores™
...—...———1
2% Jun
Feb
14%
•
6
9
9%
:
Hosiery Mills.—
Dayton'Rubber Mfg..
4% July
Jan
15%
200,
1
*
Co
Davenport
V
8%
May
21
—2.50
Com.,,
footnotes
"20
Jan
1.500
...
3% Jan
4,200
Feb
East Power-
preferred
Hill
1
•
—
preferred—
1st
flurry
18'4
5
Buckeye Pipe Line
Butler
23%
17'%'
3%
500
6%
23
18
•
prior preferred
Burma
6
*•
(E LI
20
1% May
1
common,,,
preferred
Brown
Bunker
17
*
A
*
Bruce
$5
3%
reg_——10s
Power
Forman Distillers
Buffalo
20%
15%
'
Class
Feb
,
6,900
3,400
D
37%' July
•;
—
Brown Fence & Wire
Brown
Sep
18% Aug
£1
reg—___£!
Ltd—
Columbia
Class
15% Aug
■
5%
12%
'
,
Jun
17% Nov
5%
8
Jun
Jan
-
Apr
2 Va
108% 108%
Jan
Sep
.12%
"
...
Tobacco-
ord
rets
Celanese
3%
13%
30%
400
8%
15
dep rects ord bearer
British
$5
15
9%; Oct
115
13% 'Jun
18
8%
8%
Brewing
Lighting
23
„
Jan
7%
receipts (ord reg)__£l
3
dep
Mfg Co
Jan
8
9%
.
23'4
1
50
Curtis
Jan '
21%
Jan
33%"
—1
Curtis
Oct
Jan
Jan
1%
Ltd—
.
Jun
1,500
17%
14%
2
•
Cuban
3%
Jan
6%
83
2%
1
Oct
21%
1% May
/ 3.900
:
Sep
'V Jan
9%
300'
'2%
1
34
1,100
Va
Oil Refining common
•
$6 preferred——.
——;
-—..-10
Cuban Atlantic Sugar
——5
12% July
,
Sep
12%
•
8V4
Crystal
Oct
6% Aug
50% July
32
600
9 Va
16%
„
—
Oct
29%
Jan
17%
300
13V4
2%
1
6.300
3%
I8V2
"
2%
6%
Oct
113
%, Jan
14.100
Crown
Jan
4%
100
v"'v."'■■■
IO8V2
Petroleum—.—
Crown
45%
i.;———*
" Crown Cork International A
11% Mar
Jan
Jan
"Oct
17% July
•
Jan
50
34
Croft
6 Va
6
5%
12%
.
*
—5o
common
111% Aug
800
8%
■/
1714
w-
preferred—.
118 V4
Jun
—
*
...
Sep
Feb
104
'
44%
100
Crowley Milner & Co
Mar
52
Jan
Feb
3,500
Petroleum
convertible
Creole
July
3
Jan
10%
10
1
5%
Courtaulds
■
7%
29%
Reynolds
&
70
—
■Vv'^
preferred A™.
Cosden
15% July
11%
29%
Co....
Gold Mines—
American
7.500
Bridgeport Gas Light Co,,!
Brillo
10
3.200
106% 106%
$6
11% Nov
2%
2%
*
1
Brewster
Bridgeport
Feb
Feb
14%
14
•
Lgt & Pwr
Aug
6%
10%
Traction
3
Cor? ton
15% Aug
Jan
15%
preferred
Brazilian
Sep
-V
Aug
9% Nov
113%
108
*
1
preferred...
Coro Inc d-j———
Sep
39
10c
Co.
30
Feb
114%
/:
1% Mar
Jan
63%
600
109
4
Nov
38
Jan "
33%
-A July
26%
,
6
100
10
•
Corpl
168
67%
.
Feb
% Mar
300
6%
9
*
Oct
200
'
—
1
77%
Jan
75
%
9%
67%
5
...
Fdy
Cornucopia
Nov
36
6%
,26
common,,
1st preferred
Breeze
11 Va
142%
Apr
12
Inc
Bowman-Biltmore
1%
100
10 Va
11%
,100
Borne Scrvmser Co
Feb-
Steel
Range
Copper
,
26%
1,600
—
Smelt Ltd
Cook Paint & Varnish Co
Nov
% May
2,900
•
—
1st preferred,,,
1%
2%
13%
4%
Apr
35
50%
optional convertible preferred,
(S) & Co..—
(H
127%
2
Blumcnthal
Bohack
120
13%
2%
*
$3
6,900
Aug
Jan
&
Stores
& Machine Co
Continental Gas & Electric Cc—
28 Va July
"4%
Retail
prior
July
6% Feb
91/4 Aug
2,100
600
3%
11%:
7i
Utilities.—.
Gas
Mining
1%
Oct
12
Jan
71%
%, :
Textile
4%
2% May
10
Nov
July
3,200
•
4i_,
Continental
28
26 Va
75
100
Consol
19% July
Apr
30
2%
—
10
2%
~3%
14%
common
82% 'Hep
140'4 142%
4%
142%
—,1
(E W)
Apr
6% Jan
14% Mar
,
100
*
——....
Oct
18% Aug
Jan
8%
33%
26%
%
*
preferred
—
Consolidated Royalty Oil
4% May
21
8%
Ridge Corp common,,,,—,1
Bliss
Blue
& Mach Co com—•
common
6%
Jan
39 J4
Feb
3%
3%
34%
1
preferred
series B
Consolidated
9%. Nov
11
100
300
4
3%
8%
*
Co..
8%
Oct
Jun.
Feb
65
—10
common
17%
4
13
~5%
5%
Biscuit
Consolidated
July
4
Jart
V
1% July
Jan
30%; Jun
25
t.L
•
Consolidated
Oct
Jun
2Va
Canada.,
of
&
9%
10%
Jan
Jan
4
—
—1
Coke Secur common
Consolidated
Jan
Jan
2
12,500
3%
—
convertible preferred
20
Bellanca Aircraft common—1
Bell Tel
41% July
Mar
9
22%
Jan
%
.100
Jun
9 %
Jan
2,300
39 y4
preferred series C._._—...100
4V?7p
111%;! July
Feb
300
1%
1%
..9%
.25
1
preferred
4%
12'4 May
Jan
r18
.1
Consol G E L P Bait common.
Sep
6%
300
..
$1.50
Benson
9%
9 b-
9
1st preferred,,
.....—,—100
Brummel Ties——___.———1
7%
Jun
■
A common
.,,5
Inc——,1
convertible
<L)
6 Va
'
Basic Refractories
Baumann
6,600
—
Corp,,———i
Steel
8%
'•.
shares
Barium
5,800
8%
8%;
1
common
los Andes—
American
$1.20
,,—30
—
Rubber Co
de
Banco
for common,,—
warrants
preferred
7-%
Baldwin
28%
V".;"/'.;:/"'
Baldwin Locomotive—
Purchase
29%: Oct
20% Feb
27%
Jan
6%
.
100
7%
,
__
8%
10
.
Nov
85Va
200
10%
10%
102% 102%
.
27%
IS July
900
'
Consolidated
Nov
%
105
ants—
Compo Shoe Machinery—
V t c extended to 1946
VB
11
66%
14
—100
...
&
Service.—.
&
Jan
tV
66J4
25
Public
Gas
Oct
38% Aug
61 Va
—
3%
Arms.
Community
$3
July
Sep
6%
375
*
—
25% July
Conn
,
Electric—
Gas &
preference
Commonwealth
Oct
9% July
7Va Mar
13%
3%
Colt's
Oct
9%
Sep
3,500
11
Colorado Fuel & Iron warrants
Fire
119%
1U
116% 116'4
*
Co...
Airlines—
Patent
Jun
13
10%
ordinary
Development
13
>.
4'A
650
.,100
common..
Colonial
6% July
Jan
Co
Apr
July
11%
12
•
112„
Oct
105
9
—
...
May
500
75
Jan
Jan
9%
121
4
3',
36
4
21%
■
8%
100
34 Va
Illuminating
Utensil
Plow
Jun '
96Va May
90
118%
8% July
3% May
7% May
900
i
common
Oct
17 Va
Feb
4%
300
Jun
1
Oct
.11-'
Apr
3%
5%
11%
5%
11
11
9%
Jun
21%
34 %
1
Oct
16%
'
V
115 Aug
9
Jan
5.900
-
11 Va
llVa
118
Jun
118
May
104
*
Jan
7%
—
Oct
3%
"
3,200
8
104
—
.10
Corp
Aluminum
Colon
; * 47% May
Jan
31
175
Coal
Cockshutt
Feb
12 %
1 Va May
3,600
8%
8
9%
•
...•
_^™*
Mfg
July
20
•
Jan
8%
.
Electric
Tractor
Oct
10
48 %
10
Feb
80
Jan
43%
8%
"2%
July;.
Cleveland
700
*■">'«
....
Inc..
Lambert
&
5%
3,200
—
Co—
Lights
Neon
6%
6%
6%
Voting
preferred
Patoka Collieries
preferred
preferred B
preferred BB__
City Auto Stamping
City & Suburban Homes
$6
Oct
11%
7%
;
10
60c
Oct
7-
10
common
29
Feb
400
13%
21
4%
;
Co__5
i.
common,
Jun
50
13%
'■t
1
$6
Oct
97 Va
19%
100
common
Jan
2% July
16
May
114
—50c
Weather Strip
Metal
Service
CitJes
4% Mar
9%
300
10%
.
4% July
May
8,900
3%
4
3%
pfd
144
108% Jan
7% Aug
104
/
v-//''/V
118
—
Sep
2%
10%
Products————,—1
Machine
•
Avery (B F) & Sons common—
5
6%
Jan
3
y/
Jan
2,500
1
Ayrshire
Oct*,
%
113% July
3%
Automatic
Automatic
7% July
Jun
3%
Light 1%
South West Utilities
Apr
5% July
Jan
41
— ,
Cherry-Burrell common—.,
5
Chesebrough Mfg
;
25
Chicago Flexible Shaft Co common—,*
Chicago Rivet & Mach
_4
Chief Consolidated Mining
1
SChilds Co preferred
100
3
Jan
119%
Ciiaris' Corp
Jan
13
&
200
.
8%
Oct
106%
7%
47
—
Sep
260
7
Jan
X23
13Va„V
1
—
4%
...
2% Mar
■
Jan
12%
21
20%
Jan
4 Va
100
1%
75
Oct
112%
Jan
14
Ohio
Cliamberlin
% July
'
Jun
May
200
7%
Steel
<■' Oct j;:
48
;
20
10%
Corp,..
7-
Power
32
100
3%
3%
2,200
46%
;'
T->;*.
..
pfd—
100
5% pfd—100
Products——1
York
New
15 Va
500
—5
Forge common——,,
Atlas
Central
Jan
700
2
15%
5%
-~
Elec com——*
&
Jun
24
43,8 Mar
i5y4
—.10
America
Gas
Jan
%
1,100
4%
18
100
.1
Co
of
Apr
13,500
,V
3%
—
—
Hudson
22 %
20,700
re
20
1
50
Co
Corp
Central
108% 110
—1
Fisheries——
Line
warrants
Catalin
40
••
105
dep rects reg..
tl
Associated Laundries of America,—*
Associated Tel Hi Tel class A
..*
Atlanta Birm & Coast RR Co pfd—100
Coast
•/
<
10 Va
100
13 %
5%
1%
—
com
&
M)
(A
Sep
1% Mar
Industries—
Atlantic
Co
Aug
102 %
U Sep ;
3%
2.50
Atlantic
W)
Sep
Feb
144
$7 preferred,.*
——;
•
preferred
Castle
Aug
54
Jan
Feb
American
Atlas Corp
27
Apr
88%
100
44
11%
4%
1%
Products
29,200
100
5Va
.V
—
Carolina Power & Light
Aug
300
1%
5
'
—
,
1
A,
Jun
100%July
Jan
21
Sep
20%
Jun
Sep
5
common———*
Co
46
preferred,*
Refining Co—
&
Electric
Associated
Carnation
19%
43%
13%
Metal Works common———,5
Ashland
class
Co
&
9%
7%
20%
100% July
;••
Central Maine Power 7%
31%
Equipment Corp,,
;
Products—
City
Apr
,;"4l % Jan
20
97-a July
7%
Oct
35%
preferred——.10
Arkansas Power & Light $7
Carman
14%
102
102
Capital
Jan
7% Mar
Jan
..100
100
50
Jan
4%
Oct
40 %■
7Va
—
•
•
—...
voting
preferred
Oct
7%
5%
7
7%
July
.
Canadian Marconi___
Sep
114
Jan
34%
450
39%,
!%•
Jan
July
33%
Jan
200
2,00D
8%
6%
—*
Alcohol—
voting™,
non
4
Canadian Industries Ltd—
Oct
1%
Jun
1%
3% May
5% Apr
7%
—5
;
——100
Foundry Ltd—
preference
,—.25
Industrial
A
Class B
Nov
Jan
300
8%
6%
7%
—1
preferred
Aug
19
Jan
5%
$6
6%
6Va%
Jan
i!
—
i
10
Ltd—
Co
Canadian Car &
Class
36%
Oct1
Jan
107
150
7%
K
18
Angostura-Wupperman —
;
1
Apex-Elec Mfg Co common,———•
Appalachian Elec Pwr f/jft pfd—100
Argus Inc.
,———
1
Arkansas Natural Gas common—•
Common class A non-voting
•
Aro
32%
46
Superpower
1st
Art
15%
31%
Ii%
—•
—10
..—2
common
%
300
110% 111%
39%
Corp com,—10c
preferred
.——
*
S3 series preferred
—..—*",
American Thread 5% preferred—5
American Writing Paper common
*
Anchor Post Fence
2
Amer
15,800
■
——
Chemical,Republics,,—
&
Cement
Canadian
3%
Oct
5,500
%
.
7%
__1
Co—
35%
36%
17%
%
32 Va
Electric——„10
—
—100
American General Corp common-—10c
S2 convertible preferred—*.
1
S2.50 convertible preferred—.,,,—1
American Hard Rubber Co—..
25
American Laundry Mach
20
American Light & 'Ttac common,—,25
6%
preferred—_25
American Mfg Co common
._—,100
Preferred
———————100
preferred—;
4%%
Feb
£1
pfd.,
Power
Insurance—,
Fire
Canada
"1% July
3
100
500
'
17%
&
Gas
American
Electric
Tungsten *Corp
Oct
42
Jan
1%
9,800
35%
A
_•
common
35%
400
3%
3%
35 %
Power warrants-
Foreign
As
American
38
100
40%
40
.—
-
/
1%
1%
Estate,.
Sugar
Participating
Power & ^ighit-—
,
dep rets 5 fe
American
Aug
Oct
85%
39%
39%
39V4
class
American
Calamba
14%
Jan
9
300
2,750
1%
1 Va
Wireless—
&
May
14%
85%
•
107% 107%
,1
—-—100
——1
Co_
Cities
Convertible
20
trust, certificates.—
Voting
Cables
a
50o
_50c
Cable Electric Products common
"
Aug
115
Feb
18%
Oct
Camden
Central
American
Feb
109%
American Beverage common,,
American
36%
27% Mar
1%
14
High
Jun
Apr
1,850
19%
19%
Low
,High,
Nov
Feb
%
23
2,500
35 %
82%
100
preferred—
6%
100
,
113% 114%
85%
Ltd common
Aluminium
28%
.
Range since Jannary 1
Shares
8V1 July
July
8%
50
10
*
rommon
conv
Low
Par
22%
30
27%
;100
Goods Mfg.
——*
Industries common—,
•
A
ail conv
(Mich).
Products
Class
30
30
Allied lull Investing
Allied
6
Sale#
for Week
Range
of Price#
Sale Price
Hton
Low
I
Alles & Fisher common.,,
Last
Exchanga
Range since January 1
mob
Low
Par
Curb
York
New
Week's.
Friday
STOCKS
Sales
for Week
Shares
Week's
Friday
hum :K Si-
NOVEMBER 3
WEEK ENDING
FOR
RANGE
1989
FINANCIAL CHRONICLE
THE COMMERCIAL &
Number 4331
Volume 160
25%. Sep
5
6 Va
Feb
SVaJuly
I
1993.
&
THE COMMERCIAL & FINANCIAL CHRONICLE
J 990
Monday, November 6t 1944
NEW YORK CURB EXCHANGE
RANGE
'Last
Exchange
Curb
Week's
Sales
Range
Friday
STOCKS
New York
for Week
,
Low
Par
STOCKS
Low
6%
Dominion Tar «fe Chemical Ltd—
Corp,
juraper
Oct
,100
67
Feb
33
250
81
25
Oct
26% Feb
Aug
33% July
74
81
Feb
Par
•
3% Jan
Hosiery class B common—
Duro Test Corp
1%
common.;
East Gas & Fuel Assoc common*—
.
2%
Jan
11V4
500
9%
Jan
11% July
2%
900
8114
825
44*%
46 %
46%
Corp-.
States
—
preferred series A
preferred series B———*
Eastern, Sugar Associates—
$5 preferred v t .c—.
Easy Washing Machine B————
Economy Grocery Stores——
$7
1,650
.'
5 %%
Empire
38%
-1
52
52
35 %
Oct
48%
Jan
9% July
17% Oct
39
225
8
8
100
5
17%
1014
9%
1014
62,100
9514
94%
9514
1,60,0
98 %
96%
98%
3,500
88
y4
60
56 %
60%
1,050
46 y2
% May
8,% Feb
%
%
14% May,
7% Jan
1,600
Emsco
Jan
99%
35"
500
30
-10
13
13
13
400
11% Sep
-50
cony
preferred——
.100
District Electric 5%■ .pfd—
participating stockDerrick & Equipment—.—- —5
Equity Corp common$3 convertible preferred—..
46%
100
1
1%
1
7%
Esquire Inc
—————.
-50
Eureka Pipe Line common—J
Eversharp Inc common—-
100
1%
1%
40%
41
,.-1:
8%
10%
10%
10%
4.700
31% Jan
714
7%
7%
Oct
Oct
34%
of
7%
v
A
non-voting—
Class
B
voting
—
614
56%
-—*-8
Britain Si
10%
10%
64
Apr
22%
27%
50
113% 114%
60
u
■
•
'V.-l
52
2%
2
23% July
2%
2%
,
Oct
114%
Aug
Jan
66%
Feb
70
Feb
22%
106
46%
Jan
100
1
Apr
3l/4 Aug
100
V/o
Jun
3% Aug.
54%
58
150
27
Jan
63
88
89%
700
77%
Feb
90 y2
Oct
17%
17%
200
14%
Jan
19
Aug
21
18%
21%
4,100
.
:
9%
23
Aug
4
800
3
Feb
18%
18%
19
1,200
5.6%
56%
79
80
■
■
25
25'
■
"__■
2,200
10%
Jun
18%
18%
7,100
16 V4
19%
Jan
1,700
16% Apr
7% May
19% July
9% Oct
ly4 ,ri%
21%
19y2
22
51 %
51 %
2
50
*
iy8
400
2%
'
'
Italian
Superpower A—
•
16% Aug
10% Jan
100
37
80
58.
Jan
18
;
Aug
51%
■'
■
84
^.
Nov
(FL)
8%
9
6%
1%
common—
••
■>. 4'-''
% Jan
76%
76%
10
3-
3
100
1 %
Jan
3%
1%
1%
100
II
Jan
Apr
Jan
2%
Jan
300
87%
Feb
101
-Nov
104
130
92
Feb
104
Sep
40
100
Jan
109
Sep
18
Jan
120
pfd. I100
July
"-4%
104
-100
preierred*:
103
3%
2,300
■
;io7y4108%
108%
100-
■
dep rots ord reg-————£l •
General Finance Corp common
—1
5% preferred series A——10
Oct
12%
Jan
10
25%
6%
5%
6%
5.300
3%
Feb
8
Jan
Kil by
-100
19 y<
100
14%
Jan
24%
Jan
140
102
2
■;
89
91
Gen Water Gas & Electric common—1
$3 preferred
*—*,
Jan
2
:
* 91
12%
12%
51
51
84
Jun
July
2% July
100
1%
Feb
2% Mar
270
75%
Jan
100
8%
Jan
Jan
51% Aug
113% July
106% May
41%
50
91
111
Mar
Jan
10
May
15
Oct
51% Mar
preferred-^-----——
——•
■;'T5'
15
■
52
Oct
16
Mar
100
■
————*————*
9%
:
Gladding McBean & Co—*—————*
$7
————*
——1
5.600
Apr
11% Mar
17% Sep
47%
50
37 %
Apr
55
13 y4
13%
300
9
Feb
15% Aug
~~%
—
17
10%
13%
2.300
104
■;
Mines—
.'preferred————————•
Gorham Mfg common--—
.--——10
Grand Rapids Varnish—
.*,——!;
Gray Mfg Co-—
———8
Pacific
&
110
Jun
%
Jan
Jan
x40%
$3
Atlantic
Jan
Oct
5%
Jun
82% May
Feb
39
Gorham Inc class A—
Great
Feb
16%
16%
Consolidated
Jan
47%
Coal—
Sugars class A———*
preferred——.
39
38
39
200
7%
7%
10%
30%
July
Oct
Nov
4%
4.500
Jan
8% Jun
7
Jan
11% Feb
100
8%
10%
io
8
-.
43%
3%
3%
4%
'*/ 50.
43%
'
•3%
"4%':
4%
.-■■.
1,400
Non-votirig common stock
•
1st preferred-*———100
90%
91
7%
91
83
275
Jun
93% Mar"
1
;•;'■
•
rlli%
110
Lackawanna RR
Mar
X115
6
Jun
10
5%
Jan
10%
4%
Sep
37
12
3%
3%
3,100
2%
Jan
6%
7%
3,100
2%
Jan
"7%
—5
13%
Inc.*—
26%
•
6%
preferred
400
27%
550
"l% "l%
■
400
——50
—25c ■
——
Mining Co—
■
.*
Helena Rubinstein.—
0%
2,7%
6%
45%
"8%
5
Co
*6%
8
.
27%
300
6%
1,300
Feb
Jan
700
45%
500
8%
8,00a
5%
26
Apr
Apr
.3% Jan
:
v41% Jan
/,
6% Jan
,
10
%%
preferred w
Common
w
'_
100
104% 104%
Hewitt Rubber common
Hoe
fRl
Oct
Jan
common
C>
5%
&
■
—,
& Co
Jan
55
Oct
$5
100,
19
5QQ
preferred.,
Mapes Consolidated Mfg Co*
.
2% July
4% Apr
Marconi
,
Baking Co.:
Hard art
,
preferred—
9%
1,20Q
For footnotes see
100
page
1993.
36%
7% Jun
30
Jan
7% July
48
July
9% July
19
May
„
Feb
27%
Oct
1%
Jan
3%
Jun
18%
Jan
23%
Oct
Feb
18% Nov
10% Oct
200
3
18
18%
200
15
10%
10%
3,400
2,000
8
5
1%
.1
Jan
U
1%
Feb
Oct
Jan
51
Jan
79
Oct
49
550
Jan
72%
Oct
6%
Feb
8% Nov
y 114
109% Jail
26% Mar
15
100
36'%
10
104
oct
32%
Oct
30%
550
1%
-
Jan
5%
600
400
Feb
16
Oct
Jan
98
Oct
Oct
33% Mar
81
31
-,*Zr
May
Oct
104%
Oct
Mar
27%
Mass Utilities Assoeiation v i c—.
McWilliams
3% Aug
May
Feb
5
Merritfc
32
Jun
*i.;
6 '/a %
A
.
: '• 7%
2%
Sep
preferred..:
7%*
6%
1.900
10%
1.400
154
:
~9%
9.
•
,u———.
1
~4%;
_25o
preferred
—15
41
.9%
"'3%
11% Jun
Metropolitan; Edison $6 preferred-
Jan
Michigan Bumper Corp
—1
*
-2.50
_*
i%
"
**10
8%
-
33
25%
110
■
Jun
13
Mar
Michigan Steel Tube.*
Jan
40
May
Michigan Sugar Co.—
9
Oct
Jan
Aug
«
-■
■
i
"•
8% July
13
165
Jan
41
July
Oct
;
Jan
Ya Jan
99
•
r'so:
Sep
1%
Jan.
2%
9.500
4% July.
Jan
6
100
:
4l
Jun
85
;
Sep
2% Sep >
110
Aug.
4% Oct
,
Jan
4
Jan"
36
110
Jan
Oct
10
May
44
Aug
116
Mar
*-
Jan.
July
■
:
800
-I*-,—.
15%
7
4%
.41
-
8% May
13% Mar
:
8V4
3% Jan
100
>%'■
lioo.
——
.
*2%
Sep
"■;;!■% Mar
8% Mar
1.300
85
.85
10
•
4%
•■■A " '
rjan
26
'27/8. Jan
138
20
154
Oct:
U Jan
6 % Fe b
300
6%
5% Aug
Jun
,
4%. Jan
.1.100
,
common—.
Textile Corp___—
15
150
.
10%
,
"10%;
,-~4%
common—. —0
————
Participating
7%.
6%
Messabi Iron Co—*—*
Metal
•
<»
Chapman, St Scott— -»«!.»*■
Warrants
15%
!1%
•1%
Dredging—*,
Stores
-
•
Mead .Johnson St.:.Co—————*. .—**.'
Oct
16% Aug
22% July
15
•IIZi-
Massey Harris common__—
McCord Corp
Oct
18
5
Margay Oil Corp——, .*—*.
Marion Steam Shovel——^*—.
'
12
116
29%
2%
14%
2%
14
—,
Ltd—. .,-£1
Co
Mercantile
1
3%
30%
14%
22%
12
15
1
—J*
*
—
—
Oct
Apr
10% Feb
Internet Marine
Communication
:
12
A
24
9
•
1,200
~2%
-1
convertible
Jan
t\
14% Jan
—*
common
Co common
Horn & Hardart
Horn
5
19
—•
(Geo AV
(A
Horn
Co
10
,'5
,—8
13%
15%
10
A—
Mengel Stores
Memphis Natural Gas
"
19
13%
13%
Sugar optional warrants...
13% July
lOOt
10
-
Consolidated G M„—
Inc
Border's
Hormel
—2.50
& Co class A
Holophane
27
*5
,
Heyden Chemical common—
Hollinger
27
*•
—*1
;———
1,400
July
9%
Henry Holt A Co participating A
;
15
50
Jan
—2.
*
:
'■■■".31% Oct
1%
'
—__—**
common;
Oct
1% Aug
26% Aug
14%
Locke Steel Chain———*—>**—,**8
"V 11%
Hcllpr
75
•:■
Jan
100
*
—
Class
Feb
12.200
31
1%
28,700
27% Nov
Jan
1 Ye
2V»
"6%
5
xl9% Mar
47
Hat Corp
Hecia
9%
——
—5
23
240.
75
26% Oct
6% Apr
6% Oct
1
Mar
31
—10
Groceterias
Jan
Aug
3
119
Apr
30% Nov
113%
Apr
Preferred
!
—
Micromatic Hone Corp
;
;
1
Middle States Petroleum class A vtcj
Class B v t c__
_■
;.l
.
Feb
14% July
M
voting trust .ctfs—I
Co
—1
Hearn Dept Stores common
4"'
50
1%
—1
Corp
Lit Brothers common
,
7%' Nov
110
Jan
5
■;■
Lipton (Thos J) Inc 6% preferred—25
Manati
——
10,800
:
■Line' Material Co——***—*——8'
Lionel
6%
9%
100
21
Langendorf United Bakeries class A—*-.
,; Class, ■■';B—*■————*—*—*.
Lefcourt Realty common—-—*——!
Convertible preferred---..—*—*
Leonard Oil Development——*—25.
(R G)
13%
18% July
4
July
,
105 y» Feb
*100
H
—
.
Lane Wells Co common———___1
Le Tourneau
59% Aug
Jan
-i
Lakey Foundry & Machine*—*.
Lamson Corp of Delaware—,
Lane Bryant 7% preferred
•
Jan
4,400
S'/s
Oct
111% Jan
Jun
110
1,210
15%
31%
136% Aug
,108
53%
14%
7%
6% Aug
pfd——«
preferred—————
Alabastine—
'•
52
15%
31%
10% Nov
Gypsum Lime &
52%
*1
31%
Feb
3% Mar
9%
•
9% Mar
100
(N J)
Lake Shore Mines Ltd
Lynch Corp common——***——
6%
800
of America B non-vot com—!
Hazeltine Corp—,
—•
Nov
7% Jan
■
May
6.600
5%
Rayon
111%
96% Aug
13% Jun
400
1,825
10%
4%
Brewing
Oct
50
8%
73%
9%
5%
Gulf States Utilities $5.50
'
68%
10%
Stores" Products common—25o
Harvard
Oct
ll/rf Sep
:8%
67%
37
Hartford
Aug
18%
35
84% Feb
61%
Jan
27%
1
16
100% Jan
71%
29 %
9%4
'
i
Feh
1,985
111%
.
1% July
16 Va July
Jan
16
i'i' ji jii:? -95% ,-95%'
4
July
5% Mar
,
■
Mar
8%
5,400
64 ft
300
Lamp ■Co——*-'————8:
Hamilton Bridge Co Ltd—-—-*
Hammermili Paper.
.—*——10
Hartford Electric Light--—
.——25'
;.'. 18%
1%
36%
Hall
13 /
Feb
Sep
% May
15% Feb
;
12
10
10%
Oct
35%
130% 131
;
-
Long Island Lighting common——**
7% preferred class A—
—.100
6% preferred class B
——»I0Q
Louisiana Land & Exploration——!
Louisiana Power & Light $6 pfd—*
130%
35%
$6
Feb
55
4
300
'
L'one Star Gas Corp common*———10
150
Northern Paper—*-*
—25
Greenfield Tap & Die
——*—*
;
1
61%2 July
Oct
2%
■
1,200
•
■
1
•■
(D
Loblaw
Tea-—
Great
Grocery
Jun
113
Oct,
38
Nov
100%
'
—1
Jan
;
.12% Jun
Georgia Power $6 preferred——•
——
Oct
48% Oct
Koppers Co 6% preferred———; lioo
Kresge Dept Stores—
)
4 % convertible 1st preferred— *100
Kress (S H) special preferred
*10
1
Kreuger Brewing Co—
Oct
74
%
•
•
_•
Feb
124
'
--
Knott Corp common—
Kobacker Stores Inc.
Oct
.79% Jan
50
78%
78%
6% Nov
20
102
102
78%
com—1
—
';
12%
9%
1,700
26
—.
Emil)- Co common
Kleinert (I B) Rubber Co
2ll/2 July
102
Service $6 preferred—*
Rayon Co A stock—*
Gilchrist ■' Co„_
Oct
£0% Apr
5% Jun
Petroleum———*-^—
Klein
8V2 May
19 y4
•
-;'■
lis
Public
common—
jun
26% Oct
5% Jun
UQ
Products————
Kingston
July
1914
General Fireproofing common——*
Gen
ias & Elec $6 preferred B—
*
General Shareholdings Corp
$6 convertible preferred—
5%
9% Mar
King? Co Lighting 7% pfd B——
5% preferred D———i—
Knkland Lake G M Co Ltd
6%pfd*
12%
K
Eiec. 7% preferredInc.—.
Kennedy's
1% July
Amer
Outdoor Adv
4% Aug
27/a
5
1,300
,4%
10%
10
Kansas Gas 8c
Gen Electric Co Ltd—
Goldfield
Aug
l%May
4,700
3%
i
'
' B-.—
11
Jan
'
•
r
Class
% July
20% July
Jan
•U00% 101
16%
..
preferred—.
7%
Oct
preferred
.100
Gellman Mfg Co common——!
General Alloys Co
—.*-*
Aldeu
3014 Aug
20% Oct
400
Julian & Kokenge Co.
Jun
Glen
1% July
Feb
Jan
800
1
■
—J
Co—,—*—
Jersey Central Pwr St Lt 5%%
Jan
Godchaux
Feb
7
% Mar
Jeannette Glass Co*—,
Oct
-
8
Preferred '■
■
Nov
48
1
Oct
58
78
(A C)
Aug
23
50
Jan
19
Feb
IVb Feb
Gilbert
3 '■
1,600.
Aug
25
X
Jacobs Aircraft Engine Co.
Jacobs
July
4% July
70%. Feb
■
;
Jan
18
Home Equipment——J
Hosiery Mills
•
■Irving Air. Chute————*—L—i—1,
30
•
""$5
7% Jan
Apr
:
Key Co common———.
Kimberly-Clark 6% pfd
*——
5%
General
Oct
20% July
Jan
10
9%
18%
« :
Ken-Rad Tube & Lamp A——,*—*
General
22%
7% Jan
15%
*.
Aug
*
G
General
Feb
17%
50
88%
1%
5% Sep
Jan
100
.3%
—
preferred——.106
Power Co
53%
2%
2"%
27%
Mar
42%
40
52%
————10
Investors
Oct
23% Jun
19% Jan
,
—
—1
1
——1
$3 conv 6tock—
Gatineau
Jan
50
52
1
9
,13% July
11% July
July
6%
19% Feb
2,000
56 %
bearer—-•—,
Co
convertible
Oct
July
6% Jun
Apr
100
27%
International Safety Razor B——•
International Utilities Corp: com—15
France—
(Geo A) Co———
A1»
Apr
4%
1,100
6%
22
Distilling
—Froedtert Grain & Malt commonFuller
11% Sep
25% Mar
5%, May
Aug
Oct
13% July
Apr
11
7%
-700
22%
Brewing,new-i-.—~1.23
(Peter)
10%
17%
io%
614
—*
—•
—
—
rets
dep
Amer
400
250
Nov
Oct
'
Class
Fox
1,600
19'%
38%
Jun
'
% c common
Registered shares.*
International Products
16% July
Feb
25% Mar
rets ord reg———£1
Ford Motor of Canada-
Franklin
12
12
18%
Feb
14%
ia%
dep
Ford Motor of
11%
12
19%
Jun
12%
13
9% Jun
Royalty
—j——
I
Mfg voting trust, ctfs—*
1%
200
260
800
Iron Fireman
8,500
14,900
63
10%
1,300
16%
62
5,100
15%
19%
38%
63
53%
Jan
18%
16%
4%,
12
Jan
9'/2
18%
35%
3%
Jan"
43'/»
Interstate Power. $7 preferred—--*
16%
3%
4%
500
12% NOV
4% Oct
37%,
Ford Motor Co Ltd~~
Am
Jan
5,000
15
5%- Jan
,
Oct
12,600
10%
53%
12
.Warrants *,—*«--T-—*—;,
International Petroleum coupon shs—*
,
Interstate
12%
10%
14%
12
preferred—-———-i——100
Interstate
1114
12%
Co——1
Fairchild Engine & Airplane——1
Falstaff Brewing————
.—1
Fansteel Metallurgical
——*
Fpdders Mfg Co
,*—.——8
Federal Compress & Warehouse Co—25
Fire Association
(Phlla)—
10
18%
50%
—_£l
Great
——■
$3.50 preferred
Fairchild Camera & Inst
""/TOO;/---'
17% ;■;■■;•
4%
29% July
3% July
3% July
9% Jan
'
•
International Minerals and Chemicals—
Apr
47%
27
-
10
♦
,
International Metal Industries A
July
Jan
4%
1,300
16%
77-
'"—a
xll% July
Jan
Jan
20% Jan
50.'
Sep
10%
North America—--10
International Cigar Machine.—,*
International Hydro Electric—
Preferred $3.50 series———50
1% July
18% Feb
800
46%
44
46%
"
1)
"8
51
.*
-.50-
Insurance Co of
Oct
41
17
^*1'-
t
6%
2%
■.
"45% Jun
'
7%
Oct
Feb
12% July
1% Mar
250
41
'
——
44
Jan
.'1
t
Common, _4*—.——.—1.
Aug
103
Sep
100
Oct
1
Jan
4
3% ->100
24
■
51% Aug
Sep
——*,
Industrial Finance
July
14
42 y2 Mar
-10c
—
11%
38
Jan
9%
24
.
Indianapolis P & L 5% % preferred-100
Indiana Service 6% preferred——100
7%
preferred
—*———100.
Oct
34%
300
"Col-—*—■—»——,•■
Tobacco
Ireland
65% Mar
35
Zinc
Imperial
Oct
Jan
7%
High
22%
Apr
Sep
14%
,
Sep
Apr
83%
11%
96
7%
7%
3%
■■
1% Mar
1714
17%
3,900
24
'■/:
ctfs—
arrear
Imperial Oil (Can) coupon
Registered
Imperial Tobacco of Canada-*.
■:
Feb
100
40%
,
Aug
38%
3.9 »/4
17%
38%
Imperial Chemical industries-^
Am dep rets regis—,
Aug
33% Jan
Dividend,
■
Hiinois
Oct
33% Jan
245
1
—
1%
100
4914
Power
Empire
Oct
-15
common
■■:
Oct
33
50%
warrants———
Co
Elliott
49%
Jan
49
Electric Power &
Option
Jan
47%
491/4
Bond & Share common--, —5
Electrographic Corp
piffin National Watch Co
Oct
% Mar.
"""•,
preferred--———.—r
■-^
preferred—
—
Light 2d pfd A—,
$5
Illinois Power Co common——
6% Conv preferred
Oct
32%
300
97/b
-1———————-*-i
Hydro Electric Securities———*
dygrade Food Products
——ft
.
r
$6
Jan
24%
$6
Electric
2%
81 Va
1% Feb
56%
Eastern
Eastern
1st .preferred:;
4% July
2%
79
preferred—————— .100
-25
Malleable Iron
•' 6%
300
78 %
_•
TOO
prior preferred
"3%
U%.
3%
Duval Texas Sulphur-
4%%
8% Aug
Low
22%
Hussmann Ligonier Go.—*—-*
Huyler's common-—————--^
-1
'■■
Range since January X
High
21%
39%
■
Durham
Shares
Low
■
Jun
for Week
22%
(Harvey) Inc——*-**——3
Humble. Oil Si Refining —
Hummel-Ross Fibre Corp.*—**—*—5
80
75 %
31
—-——
:
Hubbell
Feb
63
81
————--
Ouke Power Co——.
7%
63
63
75%
————
Harris Co.:
Driver
High
Jan
10
63
Ltd—
Dominion Textile Co
Sale Price
Sales
Range
Last
Range since January 1
High
Week'a
of Prices
Friday
New York Curb Exchange
Shares
of Prices.
Sale Price
FOR WEEK ENDING NOVEMBER 3
~3%
3%
3%
400
■
8 y41
8
2% Apr
4% Apr
'4% July
9% Oct
'2%'
1%.
ey8
450
1%
1.500
U'Mar
1%
8%
1.900
6
Jan
9%
5%
Jan
8
14%
■
.8%
Jan
1.4%
14%
1.300
2%
2%
700
1% Jan
Oct
Oct
Oct
15%
13% May
3% May
•
Volume 160
'
^
■
■
-
■
-
1991
CHRONICLE
THE COMMERCIAL & FINANCIAL
Number 4331
.
■
' )
■
'
■
■
NEW YORK CURB EXCHANGE
FOR WEEK
RANGE
New
York
Curb
Last
Exchange
Middle
West
Corp common
12%
..5
,.
*.
-
15
Midland Oil Corp $2 conv preferred-,.*
Midland Steel Products—
$2 non-eum dividend shares
l——*
Mldvale Co common.—,
16%
450
Oct
Penn Water & Power Col
17%
,
20
24%
625;
2%
2%
1%
1
8%
~2%
1,000
1,400
8%
24
:
25
% Sep
Apr
30
July
,3-
15%
111
118
66%
—ZIlOO
Mfg Co——.
Packing
Phillips
350
Governor
Pierce
common...—
3%
Oct
2 Vs
Oct
Pioneer Gold
Mines Ltd....—.
J
66%
Oct
Piper Aircraft Corp com.—...
..l
Feb
52
Pitney-Bowes Postage
105
Jan
115%
Jan
12%
Oct
Sep
Pittsburgh & Lake Erie—,
13%
13%
200
9%
914
9%
1,100
8% Mar
3%
3%
3%
6,900
2%
Feb
1%
Molybdenum ■Corp....——..1
Monogram Pictures common——!——!
Feb
A——————1
Montana Dakota Utilities...—.10
Monroe Loan Society
~9%
9%
July
'4% Aug
2% Aug
July
9%
May
182%
7
200
12
Oct
Inc
Plough
Jun
Powdrell
37
37
100
28%
Feb
38 Va
Sep
3,300
5%
2
Jan
18
23%
Feb
127
% July
Apr
Oct
136 % July
Pratt & Lambert
Oct
Pressed Metals
Muskegon Piston Ring
14%
Sep
Jan
10% Mar
Jan
80
Mar
19%
2%
4,100
33%
14%
400
2V4
50
18%
20
Jan
1%
Oct
2% July
Jan
33%
Oct
35
J an
28
Feb
preferred
35
Jan
National Candy
35
Jan
,44 Va Mar
121 Va
,
Jun
5%
Jan
Jun.
14,400
3
11%
1,800
Oct
17
May
Feb
.15
Mar
2
4Va
Jun
11%
7
Nov
July
34
July
Jan
'
5%
Jan
;
Sep
303,4
of
150
31
12%
11%
12
America-
'fff
2,500
2,400
%
.
900
12
11%
12
Gas—
Colorado—
1st preferred-
1st preferred———
-
l )°« July
Jan
Jan
13%
Sep
Jan
'
32
Jun
Jan
6Va
,,
48%
Va Mar
,
Oct
13
6%
Apr
7% Mar
8 Va
Oct
108
.100
—-
Apr
Xlll
Sep
118
Jun
114V8
Jan
14
106%
7,300
10 Va
Jan
350
93'A
Jan
15%
100
11%
Jan
17
U
Jan
14'/a
..100
13%
13%
--..10
Common-
lii
43
of Nevada
Prosperity Co class B——
Providence
Jan
26 Va
5,200
l'/a
lAr
106%
preferred——....
Timber.
Pyle-National Co common—.
Pyrene Manufacturing
Quaker Oats common—
6% preferred—.
105
,--5
.100
$5 prior
15 Va
15%
Puget Sound Pulp &
14 Va July
106%
Nov
May
14 Va May
7%
l.———..25":'
Co.—
National City Lines common...—50c
.
National Mfg & Stores
National Refining
Sep
4Va
Jan
15%
100
10%
10%
10%
400
22%
9%
'.- "S
30o
600
11%
Jan
2
700
1 %
"■
'Jun
5
5%
1,200
3Va
Jan
400
26
Jan
(Herman)
112
29% Mar
112%
150
110
May
114
Jan
Apr
88
July
112
.
85%
England Power Associates
—•
6%
preferred—.—..——..—100'
:•
$2 preferred...—————* •
New England Tel & Tel
100
Haven Clock
400
6%
62%
62%
,47%
275
63
112
13
200
19%
100
65%
65%
66%
New Mexico & Arizona Land——1
104
190
12%
600
111
.<■-;13
2%
Y City Omnibus warrants
N
$6
Jan
30% Sep
11%
Jan
15
117
preferred—100
preferred'—*———•
Oct
Jun
106% July
Jan
102
10
104% 104 Va
Mines
Nipissing
Noma
■
■:
80
3%
3%
35.400
2%
89%
92%
1.250
74%
79%
79%
10
a7»
%
1,100
preferred...
6 %
■■
Jan
75
Jan
Apr
3%
Feb
92%
May
Apr
•79%
Va
Jan
7Va
65
105
Nov
Oct
W Mar
13%
14 r.
108
Jan
2%
4%
Jan
15%
Jan
1 Va
Jun
103
200
Jan
32%
32%
100
32%
200
28
Feb
120
27% May
32%
Apr
37 Va
Jan
July
July
37
:
52% Mar
s
54% Mar
%- Jan
prior preferred—.
—..—50
North American Utility Securities.
•
Northern Central Texas Oil——......5:
Northeast Airlines ...—1
North Penn RR Co..~.l—SONorthern Indiana Pub Serv 5% pfd—100
Northern States Power class A
25
;
1% Aug
5% Apr
4%
14%
14%,
14%
27%
200
Jan
4%
—«
4%
4%
500
114% 115 'i
Sep
104%
Sep
Jun
15% July
Jan
27%
3% May
Jan
600
Oct
4%
Oct
24% July
Feb
Jan
117
Jan
113
18%
116
Aug
July
;
Jun
29%
Jan
Oct
6
10%
Feb
9 %
Sep
6%
200
10%
Aug
8
—-l——.1
Overseas Securities———.1
St Lawrence Corp
Class A $2 conv
*
50
Ltd
pref
Regis Paper common————*—5
Salt Dome Oil 'Co.—————-...-1
St
Samson
United
•
common—
Pacific Gas St Elec 6%
1st pfd
1'
■
—
!■
''
25
371/4
25
5%% 1st preferred
Pacific Lighting $5 preferred—.—. ->*
Pacific Power & Light 7% pfd—.1 00
108%
Pacific
$1.30
Public
1st
—
Jan
10%
Oct
7% Mar
37%
33%
150
109 Va 110
.
Service—
Corp—
Parker Pen Co
—
Parkersburg Rig & Reel.
...
87
7%
.
■
„
••
7%
7%
»
• ■
34%
17%
34%
18%
1,400
24
preferred
A.
25
OiL Co.—l
Schiff
Co
Schulte
(D A)
„
_
106
gait
ifrTC\Vi
Mfg
Co.
50
C'
For footnotes see
5%
Convertible
.
Apr
-■
Oct
9
Jan
9
v-
July
34%
Jan
22
.
Oct
May
Sep
100
■
28 Va Aug
4,400
4%
Jan
'255
647/a
Jan
Elec
page
1993.
13'Ta
500
10%
l Va Mar
4Va July
1 Va July
Jan
600
2%
Feb
13%
Jan
109
Jan
Sep
15%
Aug,
Feb
14% AUg
3% July
■
14%
14
14%
1,800
16%
16%
16%
50
5
Apr
8
Aug
17%
3,700
6%
Jan
19 v
Mar.
13 Va
Oct
14%
Nov
18
Jan
16% Aug
8
~4% "5%.
3,200
400
8%.
8%!
3:i'a
3%
1,700
3 Va
10%
Jan
Jan
1%
Oct
5%. Oct
11%
4%. May
*
Jan
Oct
4% Aug
*
Shattuck
eum
Sick's
Silex
$3
Co
Feb
2
Va
2%
2,900
33%
350
1,500
14
88%
9%
1%
50%
27%
90
89%
500
10
Jan
35% Aug
Jan
114
Sep
•'
•
93% July
Feb
9%
Jun
75
Sep
64
Oct
3% May
Jan
12 Va Mar
Jan
4%
Va
5%
2,800
"2
2 Va
9
9'%
-II,
8-5u
9 Va
900
1
5%
Oct
Jan
48 Va
Jun
1
Jan
2%
%
6Va
Feb
10% Aug
Jan
81% Aug
Jan
80% Aug
78
750
67
78
150
69
%
700
3
Apr
2%
1% July
Jan
6%
1% Mar
Jan
3%
3
July
2,500
75
3
22
5,400
,
9%
Feb
6
3%
13%
12
101% 102
400
91%
Apr
Feb
104
113% 113%
102
pfd series AAA.u———.100
10O
110 %
Apr
115%
13'A
Aug
10Va July
100
13%
Apr
Jan
Aug
Feb
—•
12
Feb
..17%
oct
*
21
Aug
21
Aug
.—
2.025
15%
13 %
16%
Jun
26
14%
143/4
preferred......
Jan
Oct
100
275% 182
100
229
282
10
108
2%
112% 112%
.
32
Jun
Jan
4
July
Apr
2%
3
3
282
Nov
SVa
Feb
Jan "
112%
-
Oct
Oct
12% Mar
17
Oct
21.700
2%
Jan
6
Nov
500
3%
Jan
6% Mar
2Va
'
"4% "e
5%
5%
5%
:5%
3
2%
3
9
8%
9%
2,1500
1,800
Feb
3'/4
Apr
4V4
Jan
9%
Nov
2%
.
Jan
3% Mar
;
40
Apr
45 Va July
—10
28
Mar
31
5%
—25
37
Mar
44
Sep
6%
....25
Aug
109
Sep
Jan
.106
Nov
Jan
186
Oct
Penn
Oil—
Pa
...
Pipe Line.
California
1%
Colorado
preferred
41%
43
43
1,200
July
Edison—
original preferred—
preferred B
5%% preferred series C__
Southern
—25
Power
class
25
A
25
—
100
41 %
•
41
31%
31
41%
240
31%
100
29%
Apr
32 Va
600
29 V4
Jan
31 Va
Feb
Jan
2
July
Jan
77
July
31
:
11% July
6% Jan
16%
75
■
2Va July
Feb
Apr
100
19
19
'I
3,900
9%
2
Apr
40
5
25
Ltd
6V2 July
3V4 Oct
,25
Jan
I'
Simplicity Pattern common.—.
Jan
•37% Nov
Jan
1%
200
65
common—
Jan
.37% Nov
2V4
400
23
63%
Mining—.5
convertible
.%
160
50
1,300
2%
2%
Oct
6% July
10% July
Simmons-Boardman Publications—
94 Va
.25
5 %
4%
Control——————J
—1
Breweries
Oct
186
Sep
33%
General—_——l
Denn
3
104% 106
7%
Serrick Corp class
Southern
90
5,100
Seton Leather common——._—.*
Nov
4C
9 Va
114
$5.56 prior stock
46%
210
8%
Allotment certificates*,..——
Mar
2%
4Va May
8%
19%
11% May
8,400
63%
Convertible stock——————5
Southwest
300
2,500
5%
33%
Selected Industries Inc common—1
South
43
1814
5%
Inc—»—.—.—*
Sentry Safety
3% July
2% Mar
16%
5%
18
pfd—
$6
Lock & Hardware.—.—.1
Seiberling Rubber common...
—•
Selby Shoe ' Co..—....*
Oct
50
37%
12
Brook Water Service—
$6 preferred—.-——
Scullin Steel Co common....——*—'*
Oct
46 r! a
37 %
Oct
100
Scranton Spring
78
78
186
Sep
.
li May
2V4 May-
12%
12%
25
—25
preferred—
Manufacturing—.—■
■
10
Oct
6V2
18%
V2
2%
Jan
88
Mar
78
2%
'
,109
Penn
30
13%
Jan
Jan
3%
11
105 Va
—1
common—.——
5%
20% May
Feb
50
107% 109
46'Tn
• -
5%
July
20
22
33%
Feb
39
46 %
1
Jan
26 Va
100
common—
..._1
Singer Manufacturing Co....—T100
Singer Manufacturing Co Ltd—
Amer dep rets or'd regis..._..._..£l
Sioux City Gas &,pec 7% pfd
100
Smith (Howard)'Paper Mills
—•
Solar Aircraft Co—1-—
.—..I
Solar Manufacturing Co.—
1
Sonotone Corp...—
....
.1
Soss Manufacturing common———1
South Coast Corp common...
......1
.
Jan
32
•
30
5%.
L*
A~comII„*
Nov
,
34% Jan
_
—
..1
Penn Gas & Elec class
6
16% Jan
,
,
S1.40
110
•
_
■
Jan
6% Mar
50
17%
'■-4
(
6%
"
July
35%July
Jan
80
6,800
Jun
109% May
Jan
19
10
'
10
Jan
96 Va
..
87
.1
.1
38
5
—.
...
Motors
30
•
■
Jan
106 % Mar \
—
preferred————
15 %
32%
400
Jan
35
1,400
33%
107Va 108%
33%
a
Paramount
13
.
36%
•
Oct
Apr
v;%
%'
—1
—5
Corp common—
Savoy
Sherwin-Williams of Canada
Co
Oct
45%
2%
1%
107-% 108%
—1
Ryan Consolidated Petroleum———*
Ryerson & Haynes common
1
5%
Can
Oct
55
Mar
12%' Jan
—
Shawinig'tn Water & Power——*
Sherwin-Williams common.—-...—23
Pacific
24%
"
Ryan Aeronautical Co..
Scranton
112
Oliver United Filters B—.—.*
Omar Inc—
1,200
2% :... 3%
Scovill
18 Va
60
29%
28
100
-
6
Aug
108
29%
4
%
4Vu
•■%
6%
Mar
115
Oklahoma. Natural Gas common——15
27,300
600
3%
preferred—...20
Rotary Electric Steel C01
10
Royalite Oil Co Ltd
——————*
Russeks Fifth Ave.—
,2Va
12
23
1,000
22 Va
22
■'
Co v t c
Segal
common——*
6%
18
Co.—.1
Petroleum
116
O
preferred.—!;:—.100
Ohio Public Service 1% 1st pfd—100
6% 1st preferred—
—
—100
5%
$1.20 convertible
Jan
7%
3.000
27%
Ohio Power 4 % %
2
'.17%
———1
1
Radiator.....;
Seeman Bros
Ohio Brass Co class B
4,500
4,000
1% Aug
.42% July
,
Jan
21% July
HV4 Jan
1%
2
Goods—--—
warrants———■
Securities Corp
Ogden Corp, common.——
45
Corp common—5
Roosevelt Field Inc..—5
July
103%
75
27%
Corp...——.*
41%
July
16
Jan
July
15%
48
:
Rome Cable
7
1.500
104%
104
—
10%
44 %
300
22%
pfd D
100
& Pendleton Inc———.———*
113
9%
10%
Jan
40
22
Jan
l7/a
Apr
12%
700
1
1
,
22%
Rochester Gas & Elec 6%
Oct
Va
109
107
15%
Engineering—5
Rio Grande Valley Gas
Roeser
1%
25
%
14% July
12% Sep
1%
4.100
15%
15%
107% Aug
Jan
Jan
4.700
2
1%
Jan
10%
2.500
13%
UVa July
Oct
600
13Va
1%
—*
•
class A
Oct
9%
13V8 ;
common—
Novadel-Agene
111
5%
Electric—J '
Class B
60
Oct
May
108%
10
66%
North Amer Light & Power common—1
SG
17% Mar
Jan
66%
3%
92%
Corp B—
——1
——5
North American Rayon
13
400
17
May
157
Apr
4,800
t'1%
1%
Va
15
Aviation—.—*.—————1
Stix Dry
Rpofc
109% 109%
66%
*
Niles-Bement-Pond
Nineteen Hundred
16%
Reliance Electric &
Republic
Richmond
5% Nov
10 % Mar
N Y
Shipbuilding Corp—
;:
•
founders- shares.————1
N Y State Electric. & Gas $5.10 pfd. 100
N Y Wafer Service 6% pfd.
—100
Niagara Hudson Power common
10
5*y 1st preferred—
—.—100
5% 2d preferred.
—
—.100
Class B optional warrants..
...
Niagara Share class B common—.*...5
Class A preferred.———.—100
——1
Oct
Jan
Jan
149
Co——l—————'
Reed Roller Bit
37%
Mar
71
40
—
Red Bank Oil Co
Feb
3%
550
15
common——,
3%
112% Jan
14%
-10
Railway & Utility Investment A—-1
Rath Packing Co. common———10
Raymond Concrete Pile common—•
$3 convertible preferred
—l——*
Raytheon Manufacturing common—50c
Voting
Richfield Oil Corp.
7%
\
1%.
Radto-Keith-Orpheum option warrant!.
Railway & Light Securities
Rice
21%
9
85% July
Jan
Jan
260
R
Oct
66%
75
5%
9
—
Merchandise———10
Y Power m Light. 7%
N
■■
Oct
21 Va Oct
600
Y & Honduras Rosario—10
NY
Oct
13%
,
Apr
35
r5%
Y Auction Co common——•
N
Aug
112
Jan
2% Jan
common.—.—...*
N
Oct
21
18% Mar:
54"
Apr
64%
>
"
700
3
Jan
Feb
7%
Apr
=' 6%
Oct
9
Feb
18
Zinc.....—25
New Process Co
10%
Jan
3
Oct
12
Jan
6 Va May
75 '
„
6%
19 Va
Co—.———.*
New Idea InC common—
New Jersey
200
10%
5% Jan
New
New
10%
9
...*
*
Nestle Le Mur Co class A
4%
10
10
Corp..
Neptune Meter class A
151
Co
Quebec Power
Va
lOVa
81
152
79 Va
80%
*
2% Aug
7% July
28%
■':
;
27%
Nebraska Power 7% preferred..—.100
Nelii Corp 1st pfd——.—.*
Nelson
Jan
14
Co——————*
On
8%
;l:
9% July
14% Oct
13%
14
National Tunnel & Mines common——1
Navarro
9%
50
Oct
13% July
,
Nov
July
15% July
25% July
Apr
18% Feb
1,400
Jan
7% July
12
9% Apr
1%
National Transit.———.——12.50
Radio..—
24
8%
.10
12% July
15%
Jan
10
12
Refining—
National Tea 5 % % preferred........ 10
Union
.
——.—*'
National Sugar
National
■,
Oct
xll'/e
100
7%
common
Car Ltd..,
11%
4,100
7%
11%
V'
7%
,——1
National Rubber Machinery..—...—* '
National Steel
300
11%
15%
11%
•
common..
12%
12y*
National fuel Gas—
,.
2%
11
1%
Puget Sound Power & Light—
33%
Jan
3Va
—
7%
N
2%
95
300
,5
6 %
National Breweries common——.-.-*
300
4'%
common-
Public Service of
Nachman Corp L.——L
National Bellas Hess common..—..1
13% July
3.
Producers CorP
6 Va
Oct
Co———
prentice-Hall Inc
19
64
10%
13%
Premier Gold Mining——.
11%
Muskogee Co common——
6%
preferred
—-...—*.100
Nov
11
10%
11%
Canada..
Power Corp of
13%: Jan
—2%
Sep
68
4 %
Alexander—l
&
Murray Ohio Mfg Co——.
Jan
43
Jan .!
Jun
6
IV2 Jan
1,300
Oct
Jun
117% 118
Polaris Mining Co———
19
1%
4%
9%
Apr
common—.—
Nov
Apr
6%
3% Aug
:
13
15%
6%
Sep
Jan
55%
common..—
90
1%
Jan
2%
7
550
Pleasant Valley Wine Co—....
100
6%
Nov
1,440
11
Metallurgical—
Pittsburgh Plate Glass....—.
Pneumatic Scale
Moody Investors partic pfd*..——
Mountain City Copper common—5o
Mountain Producers—
.10
Mountain States Power common.....*
Mountain States Tel & Tel..#
...100
July
20
,
68
65
67%
Pittsburgh
17%
165
8
Jan
37%
182%
17%
400
Jan
Apr
1%
2,300
33Va
5Va
9,600
37a
8%
11% Nov
TlVaAug
■
17%
180
Montgomery Ward A— ————.-*
Montreal Light Heat & Power.—*...*
3"»V
3-lit
,
,
12'/a
-
5,400
Pitts Bess & L E RR——
28 Va
Common..——*
Mojud Hosiery Co Inc...—-.—2.50
200
,
.
8% May
28% Oct
.100
7;%
3
3%
Aug
Jan
Sep
8%
13% Nov
Mississippi River Power 0% pfd—100
July
36
Jan
8>/4
3%
,
Meter—
Jan
60
104
104
•
97%
109 %
104
•
20
16%,
19%
Vz Sep
7
2,900
29
7%
..*
158
31
36
11%
28%
25
pfd.
Co——.—..
Mar
Jan
125
50
36
10
11%
Jun
68
150
Philadelphia Co common
Phila Electric Power 5%
High
3%
Sep
54
144
144
Rubber—.;— —..1
Mar
2%
200
64%
Oct
24
Jan
Low
1,300
55%
54
Perfect Circle Co.————
Pharis Tire &
Range since January 1
2% Mar-
55%
1% Mar
1,300
111
64 %
2% Aug
9
July
1% May
8% Jan
:
4 50
24
2%
Jan
23%
50
28%
Shares
Hiab
2.50
Traffic Co—
Penn
Pepperell
Mining Corp of Canada.—•
Minnesota Mining & Mfg.————.*
Minnesota Pwr esi Light 1% pfd—.100
Missouri Public Service
Oct
Sales
for Week
Low
per
Oct
12%
Sale Price
j.
High
Jan
8%
24%
Supply.-.—.—_*
Mid-West Refineries—.:
9%
8,100
27%
•28%
—
i—.—10
&
Piping
12%
15
■■
Abrasive—..—..-.—.-.*-.50
Mid-West
'Midwest Oil Co
Midwest
11%
Low
Week's
Range
of Prices
(
Last
Curb Exchange
Bange since January 1
Shares
High
Low
Par
Friday
STOCKS
York
New
for Week
Range
of Prices
Sale Price
NOVEMBER 3
ENDING
Sales
Week's
Friday
STOCKS
1V4
67
;
mamum
BSBB1
THE COMMERCIAL &
1992
EXCHANGE
NEW YORK CURB
Friaaj
STOCKS
Sale Price
Southern
Pipe
Jan
600
9 %
Mar
13
11%
1,600
5%
Apr
12 %
Oct
Western Tablet
48 Va
47%
48%
90
Jan
50%
Oct
5
preferred——
■
100
3%
Jan
28
Oct
;
2
16
950
17%
..
Williams
(R
108%
Jan
14
%
y4
Wolverine
14
ft
214
99
13% July
2,900
90
~8%
500
2%
59
~8
~8%
%
f
—
U
Apr
||
Feb
2-i
11%
~3
__l
Jan
3
Jan
150
10
Feb
12%
Oct
Jun
6%
Jan
5%
*
110
9
Jan
12
Ilo
Jan
6
Jan
3
Oct
1%
225
8%
Feb
16% July
2%s
s
X
600
%
Feb
3% Aug
3%s
s
200
17
.
.
.
,
.
Oct
26%
10%
II
12%
400
17%,
Jan
xl7%
Oct
Aug
15%
Apr
Apr
11
9%
100
10%
3%s
14 Va July
.
May.
May
Jan
6%
Sep
23%
Feb
26%
Sep
Technicolor Inc common,
21%
20%
21%
3,300
12%
Jan
debs
~6%
6%
400
Shovti
I'hew
Tilo
5
s
—2
Co
Rooting
Inc.,
Realty & Construction-
Tishman
Tobacco
Product-
Tobacco
j-j
Paper 6s
_1961
Elec Pow 3%s——1970
Appalachian Pow deb 6s
2024
Associated Elec 4 %s
1953
I Associated Gas & Elec Co—
AConv deb
4 %s
,1948
AConv
deb 4 %s
———1949
AConv deb 5s_
———1950
ADebenture 5s
—1968
rets ord
11 1/8
11%
dep
Amer
2514
2514
2514
Oct
Assoc T & T
12%
Sep
Atlantic
I '9%'
9%
27
6%
5,000
Feb
Jan
11 %
400
9%
8
—1
19%
'••'"I"
6%
Edison
Toledo
7 %
9%
1st
58
113
Apr
—1
1%
114
31/2
3%.
3%
1,200
-10
Corp__—
Trauswestern Oil Co
26i/4
2314
26%
16,000
warrants
Tri-Continental
Inc
Trunz
II
:
3
18%
convertible
7%
J-J
100
7%
7%
,
6s
L_1 '•
—
Central
■
6%
4.200
2%
1,000
2%
.
13%
Jan
,.
2% "Jan
'
.
2%s_——
El
Manufacturing
&
C'
8
pet
I-Iloo
Uxuted
Aircraft
Products
United
Chemicals
United
rMear-Whelan
—1
-
common,—
preferred
S5
1%
«
'.",
—To
Prior preierred
11 Va
United
warrants
corp
'%
Jan
Feb
$
Jan
'.. £5
70
80%
"da
-
'
/
18%
•
a
600
:
„
rtj
17
ft
5
25% Aug
•
'
2 VB Mar
Jun
Jun
18%
.
May
;
Feb
..16
50
,
Sep
.
1,800
•,
18%
1% '
1%
IV2
Feb
3sr
;%'• 1
•
A
—
preferred—
•
ft
Sep
% Mar
3,700
%
Feb
ft Jan
ft Jan
400
ft
50%
Jun
65%
Oct
'
United Milk Products—
United
Molasses
•
preferred
participating
$3
Co
Ltd—
-
rets ord
regis™
United NJ RR & Canal
Amer dep
United
Shoe
Machinery
Preferred
United
U
S
U
Graphite
U
-S5
*
73%
71%
45
44 ;.r
45%
%
7%
8 %
%
Apr
1%
deb
91%
78%
Jan
91%
3%
600
2%
Jan
2%
100
1%
Jan
2% -Aug
%
%
4
%
%
•
3.600
•
——i.1—
10
common'———1
Universal Products Co——
—•
Utah-Idaho Sugar,.
——
8
Utah Power & Light $7 preferred
•
Utah R«dio Products———————1
4
12
Sep
%
4Va
21%
21%
J9%
20%
27%
1.700
27%
27%
14% May
Jan
13% July
1%
50'
19%
——
Feb
■7
1100
100
20
Feb
22% Aug
Jan
26
20%
3%
3 Va
3%
14.900
2%
57%
57%
57%
350
51'/a
Jan
7%
900
1%
1.200
7
10c
Va
1%
1
CO
84/V
4
3%
Oct
Feb
61
Jan
8% July
1%
Feb
74%.
175
Mar
28% July
Jan
Jan
7%
26%
Jan /
2 %
-
84
July
"Nov
,v„.
'
1
common-;
"onvertlole /preferred—
3
5
Venezuelan Petroleum
Vo'gt Manufacturing—
50
52
1
*
•3'% :
52 %
"1%
300
27:
720
- gn;
8%
8%
11%
12%
M
,.:'g4n
' ,3% July
600
8
'
54
;v,
'8%. F£b j
2,000
121/.
^eb '.
:
;
'
Oct
11% Apr
15% July
Aircraft
Co—
iy
;*Waitt & Bond claisa A
tiass B
I—IIITls
Knitting M.lls.^
Wentworth Manufacturing.
footnotes
7%
see
page
—
1993.
.1.23
"
*'
—
2%
•
47;,
A
5s
Great
Green
&
Guantanamo
West
Hygrade Food 6s ser
6s
Jersey Cent Pow
99%
May
Feb
5V4
New
11% July
New
5'«
Jun
Conv
1 %
Feb
r\'
3.200'
.15
:
3%
Jan
Jan1
3%
25%
'5sa
Oct
Oct
"July
deb
141
93 %
102%
104%
103% 104%
28
101%
104%
123
124%
$124%
_.V
103 '
104% 104%
M-N
A-o
103%
;$/-•;
100 % 100
M-S
j-j
104%
98%
103%
17
ft-'
103% 104
104
104
101%
.
63
$103% 104%
J-D
103%
101
$103% 105"
•J-D
106%
97%
52
102% 103%
-
v j-j
101
5
v
104%
108%
F-A
4104% 108%
103
j-d
$107% 110
103%
108
102.%
102%
$98
j-d
103
07%
64%
$105% 105%
106%
111
102
105
102
105ft
67%
J-J
J-D
105
5
105
A-0
A-0
$104% lift".'■%
Af-S
105% 105%
j-j
100
:
93%
$35
30 3 a
F-A
$39
44
102%
93
■v
101
J-D
75
■
103% 106%
>
,,
100% 100-"it
F-A
M-N
102%
106%
$108% 108%
109.
25
'
'W'
-
j-J
.
$42
V
j-j
97
j-j
.1957
70
97%
71
70
36%
j-j
.1963
;
106 %
36%:
Af-a
106%
30
1966
M-S
—
—
a-o
—1963
1967
M-ti
'•
J-D
1955
110%
112%
107
109%
108%
105 ft
99%
2,
103
103%
110
105%
110%
99% 103%
(
62
28
02%
62
62
108
108
108
10
103
103%
14
106
106%
106
104%
11
43
105 ft
:$104% 105%-
3-D
1978
2
121
103%. 104
j-j
'
107%
122',2
105
103
Af-N
1945
109"
106%
$106% 108
'.F-A
Af-N
1965
106%"
120
$10718 108%
A-0
t
1971
40
2
.112% 112%
J-J
3%s_i._L-.
—1948;:
—
121
121
j-j
77%
28%
'
$105 % 108%
j-d
37%
60.,,
12
:
41%
88%.97%
26
35%
(.'■"• 68
34%
25 !!"
11
34%
96
%
;
22%
45
34
34
.1952
39%
42
23
•
.1952
42
21%25
■t
'"r1
69 %
106%" 108%
"102%
106
104%
108
100%
101%
1
I
—
,—1945 ;
—
-1981
—
—
1948
■
J-D
1947
M-S
1948
England Power 3%s
New England Power Assn 53—
Af-N
110%
A-0
1054
.106% -111
116
a
83%
52
72%
83%
84%
84%
12
72%
83%
84%
23
72%
107
$107% 108%
102%
103 '
102
103
43
102 3 a
103%
*20'
110% 113
110% 110%
84
841
M-N
1948
•
$117
j-d
—1961
35
,100%
107
M-S
J-J
100%
1
•106% 107
117%
'F-A
—1950
——
100
100% 101%
.1955
5s
Debenture 5%'s
99
101%
M-S
11965
New
105%
90%
—
5s
20>/2
9
.1970
Amsterdam Gas 5s._
Eng Gas & El Assn 5s
Jan
125
46
99%
1949
Power 4%s,
—
—2022
series A——
i---——
Aug
119
13
104
1041a
.1963
Petrol 6%s——
Midland Valley RR—
Exi ended at 4%
to——:—
Milwaukee Gas' Light 4%s
Minnesota P & L 4%s——
Sep
102%
-1""*
Ltg 5s
111
"
105%: 108
100%
.1950
G_—------—
& Suffolk
104%
109
.1957
Corp 6s stamped—;Metropolitan Edison; 4s E—-
5s
104%
98%
F-A
& Lt 3'/2s—-—— .1966
Superior Dist Pow
&' ref
97%
10
1949
McCord
1st
106
MS
Electric Power 3%s_.—
.2022
Kansas Gas & Electric 6s—-——
.1969
Kansas Power & Light 3%s———
.1970
Kentucky Utilities 4s
-----
series
104
99%
•
98%
34
104
122 % 124
104
F-A
Kansas
Lake
103% 103%
;104
79
104%
'99% 104%
108% 108%
J-D
6s__———
^
-v o
97
A-0
Power 5s_n
.1952
6s:——
Superpower >
*2
$103% 103%
Debenture
vV-
54%
62
101%
14
104%
104
1107
1958
F
—
(July 1941 coupon).
,
54%
100 Vs
104%. 105
j-d
.1966
A7s' series
A Italian
107
.-
98
■
130
64%
j-j
•—Jan
JftD
A
5
37
107
.1970
C———
.1955
1 1941 coup) —
.1957
A7e
series E—
:
—
.1957
A7s
(Aug 1941 coupon)—
A7s
■■
103% 103 %
J-D
(Dec
Interstate
03%
104
—
series
"
100
104% 104%.
103%
;„19o3
.
SInternational Power Sec—
A6%s
124
1105
A-O
.1958-
Co—
1st & ref 5%s series B—
Indiana
Service
5s
1st lien & ref 5s_
Indianapolis P & L 3V4s_
A 6 %3
54
36%
;
169
51 %
1
,K' 64" 1?
A-O
Power
Illinois
103%
105%
6
53
.1954
B———
series
6s
99%
29
50%
100
1958
Lt & Pwr 3%s__ 1——
Houston
103%
100
.1969
.1944
Prod 6s
150
108.
101%
9
''*
4s————1965
Trunk West 4s__
1950
Nor Power 5s stpd—-—^^—1950
Mountain Pow
—^-1963
Grocery Store
120%
105%
52%i
j-j
—197d
Grand
115%
104%
Light 5s
:
150
102% 103%
.53%
M-S
A—-—1948
Georgia Power &
Alden Coal-
109
119
22
106% 100%
j-j
A—1969
3953
3%s
Serv
100%
85%
106
113%
103%
Af-N
F-A
General Rayon Co 6s ser
98%
200
**n)
4%
30
180
j-d
& Fuel 4s ser
Pub
General
14%
2%
29
119%
MS
5s—
Power
Gatineau
94% May
•
wfavne
For-
II
100
22%
1:109% 112
102
102%
:
j-d
A—. .1956
.2030
Electric Power & Light 5s_
:—
.1956
Elmira Water Lt & RR 5s——.
.1954
Federal Water Service 5V2S
6s
3
ext-I*
;
26%
1
113%' 1141V
;
A-O
—
preferred
27
$155
.'
J-D
——.
Nebraska
•
Wagner Baking voting trust ctfs
23
.
$119
113%
,
A-0
(Bait City) —
Gas
Eastern Gas
Nassau
f
W
Waco
29
1
26%
Middle States
$4
29%
22%
35
■'■V'
99% 100%
M-N
1966
mtge 2%s ser Q—-—
Cuban Tobacco
4s
Valspar Corp
ok;?
$106%
M-S
Gas
4% July
Jan'
18%
50
26
M-S
—.—Jan
mtge 4%s_^—_
Continental Gas & El 5s_—
Sep
12
Pictures
—
%
5%
Jan
2%
July
11
ft Apr
3.000
4%
26
-1955
—
5s
5S—.
1st ref
4% July
2%
4%
A-0
1952
Gen
Jun
.
23
.1927
—
5s—
Consolidated
Jun
425
3%
3%
Insurance
stock-—
Oct
300
90%
50o
Utility Equities common——LZ—
8%
Jan
Feb
1
12
—
5%
9
10% Sep
9%
%
•
$5.50 priority
•"
.—10
Universal Cooler glass A
45% Aug
;
100
8
,———2
.
Wallpaper, Inc_——
Consolidated Oil
B_
Jun
2,400
—*
.
Universal
Class
42
8 Vn
9%
Reclaiming-
Universal
240
77% July
Jan
-
Aug
Oct
9
4% Mar
1
-
common—:
Securities-
Universal
;
1 %
Mar
69
Oct
Oct
268 V
Feb
1,000
.73%
6%
Juh
%
v
1
United Stores common,
United
Feb
■
1st
Rubber
S
Apr
6 %
preferred with warrants_•
U S Radiator common-^.—-1
■
,
23
—j—
Specialties common
and International
S
CI
•—1
25
common
Foil Co class B_
S
U
600
Jun
100
"i% T%
39 %
93
263
-100
25o
preferred1—j.—n——10
10%
United
6%
Apr
Feb
4
75
37
6%
• —
-
Sharing
Protit
33 y4
90
37
—
—•
vft'.-' ".'"'y.v
23
5s—1948
5s_——
Glen
Jun
5,800
•
62%
64?
%
64%
Va
—
•
Jan
3S
-
"
Mar
'iff
%
V
3
121%
5,800
3/64
United I.ight & Power common
Common class B——
Xll4
1,300
29
29%
30
.1950
B_—
Service
Nov
18%
Oct
May
1%
18,000
115% 117
117
preferred non-voting
Option warrants——
$7
1st
14%
1%
17%
Oct
Juri
,
20,100
: ,92%
11%
.7 Va
•'
1,600
1% V
17%
Sep
'
TTIiv
United Gas Corp common—
$6
.,
18%
United Elastic Corp
1st
1
68%
May
23% "
1
■.
Jun
1%
91
T-n'.
im
J'
•
,
Feb
7 Va
100
V.
1v /
—
7%
Feb
66
•'
23 %
I'vT ' -l
Z-Iioc
"u-
■
10%
•.'.... .tv-T.r' / •'
••
Stores-
r,»-
Aug
•
V
95
23
J
67
El Lt & Pr (Bait) —
.1971
3V4s series N
—
.1969
1st ref mtge 3s ser P——.
3 Va July
'
5%
400
'
'•
79%
27 %
Power 5s——1953
Gas 3%s——1964
5s ctfs—
Rys
series
6s
Cities
July
4 Va
1,000
6%::
6 %
6%:
Stk Yds of Omaha™.
Union
5
4%
4% V
Co—_ —10
Canada—
of
Gas
Union
128
26%
—————————1954
States Pr & Lt 5V2S stpd—1953
§ A Chicago
"
Unexcelled
109%
124
26
Q-F
Cincinnati St Ry 5%s A
9% July
li
Jan
"
2%
•
107%
27%
J-D
Oct
1 % Mar
110% July
Mar
Jan
10%
A5%s
Consol
57«'
™10e
8
2
26
1957
——I960
—
§ACentral States Electric
Conv
Corp
102
99
27%
1998
—1962
—1970
C
Steel
111
Central
'•
Corp—.._L_—.'
'.
F-A
26%
Northern
Canada
U
Realization
20
99%
Debenture
Ulen
45
V
J-J
F-A
Debenture
Udylite
104%
93%
MS
M-S
Edison
Boston
Jan
26%
Jan,
4
300
12%, 12%:
I
.
preferred
series
Bethlehem
1% Aug
4% July
% Mar
9%
Tung-Sol Lamp Works
115
May
300
1
—
July
Feb
109%
Jan
200
1
—
114
Oct
<80
Feb
Trans Lux
HO
101 %
106
23
93
;,1955
1% July
July
.100
Mining,of Nevada,.
Tonopah
Jan
106
50
7114
69
——
105
109%
106%
26
:
—1964
Telephone of Canada—
M 5s series B—
—
5s
Jun
13
Feb
-JUO
2
preferred
102%
14
I';'-'
92%
•109%
j-j
A-O
SVaS————1977
deb 5%s A™—
City Elec 3 Vis-—
Bicklord's Inc 0%S-—
i
.
preferred—;
80c
4%
Feb
Bell
Oct
Jail
60
Jun
3%
500
414
4%
July
9%
Jan
1%
Shipyards Corp..
High
Oct
714- Apr,
50
9%
May
7
dep recs def reg
Todd
Low
104 % 104%
101% lOl'a
108% 1091V
124% 124%
104%
,
'
deb
AConv
119
500
._
regis
Amer
January 1
8
110
25%
Registered
Jan
Security Trust Co Ltd—
Tobacco
Range Since
Sold
:•1
109
110
j-d
Writing
Mar
.
57%
Exports
4% July
■
No.
Hiah
J108
V
M-S
Appalachian
6
Stocks—
Allied
&
11%
1
common—
1
3
—
11% July
;
Bonds
Friday's
102% 102%
102%
j-j
—2016
deb 6s—
Lt
&
114%
.100
—
or
Sale Price Bid & Asked
J-J
1950
1960
1970
——
debsu
I deos
Pow
Amer
Amer
24% July
—
Jan
/
——
1,100
Inc
Jan
Jun
Week's Range
Last
Interest
f
13
1714
Si Electric Co.—
American Gas
2,500
26
Textron
4,700
Low
<
25%
pfd
Apr
;
6
14% May
Jun
24J/V
2414
-1
7%
/
~3ft ~3%
Friday
«
—
July
3%
1114 Aug
24%
;———:—•
Light
.
Jan
2%
800
_5s
Ltd-
Curb Exchange
York
New
1%
14.
1%*
-fl
& Land Co
I
10%
Jan
7
7%
9%
.—J
111
Apr
3%
BONDS
15% Aug
251/a
Power &
Oct
7
.300
_
(F W) Ltddeposit receipts
Wright Hargreaves
Apr
Taggart Corp common
.—.—
Tampa Electric Co common
—
Texas
14% July
5%
12%
——
Texon Oil
Jan
5%
Sep
52
;
200
J 3
2%
14
14
——
Superior Port Cement class B comSwan Finch Oil Corp—_—
Oct
Sep
'
' 5%
5%
r
——
11%
13%
Oct
9%
Jan
500
12
Jan
Feb
Nov
16
Jan
Jan
43%
12
8%
8
11%
Period
Products-—
100
500
3%
60%
5
-20
11%
13
2% July
Oct
114
53 % Mar
,
.
11%
12
13
-10
Petroleum—
American
Oct
12
-50
Sep
ft July
54
200
3 J/4
60'%
•2%
1
•
Jan
Jan
5,000
*
Woolwerth
Apr
% May
400
"
,
20% Aug
AO
loo
Portland Cement
ft July
ft
450
1214
%
•'
■
Jan
8%
Winnipeg Elec common B——
Wisconsin Power & Light 7% pfd,
7%
100
9614
11%
16
_•
Aug
% Aug
28% May
III
Heating
Mar
Jan
25
Jan
Co——
Inc——
July
Woodley
July
138
Jan
84
,
19
>
,
%
2,800
%
■
■
&
C)
Oil-O-Matic
Products
Willson
'■■V|
Apr
Nov
23.
3
'
..
Oct
12%
18% Mar
-10
20
Feb
100
—
Oil Corp—
;
.
10
II20
Mfg
Shoe
River
10%
7 %
115
115
Oct
112%
Jan
5%
6,500
12%
11%
12
High
Apr
1,200
10%
9%
9%
Ry 7% 1st p/d. -100
Stationery com,. —*
114
-Jan''■
700
■
•,
3% Aug
Jan
;
1314
Co—
Ray Drug
Oct
19
'
J
—
Machinery—
18%
18%
(S) & Co common——-V
oullivan
Jan
6
300
3%
93
1
iHugoi
Stroock
Wichita
20
12%
1
voting trust ctfs.
Apr
18%
.
1
;
Weyenberg
1%
19
18%
•
~
4% Jul?
Feb
&
lite
Westmoreland
Jan
111% 112
20
—
(J
Sun
26%
*'
rr—
Inc—_—,—
B) Co commonCorp.;
Stetson
«■
Maryland
Williams
-20
Sterling Brewers Inc————
innes
26%
Canada
Sterling Aluminum
Oct
Wesbern
ft
800
26 %
& Co common—
Sterling
1714
100
2d preferred,—_—
5 'jo
16
—1
1st preferred—
6%
July
5%
3% May
-
600
—1
Sterehi Brps Stores■
"I
16
10
——
————.—
.
2%
1
Products Co——;
Standard Stiver. Lead
—■,
Standard Tube class B
(A)
1,100
'.5%
"I
2.78
(Ohio)—5% pfd
Power & Light—
Steel Co of
40
—
Standard
Stein
91V
Ills
1
Westmoreland Coal
—
class B———
—.
Inc
8%
11%
11%
—
(Thei Corp
WfcSiern Air Lines
9 ',4
10%
Standard Oil
Starrert
9% Aug
Coke—
&
9%
Standard Dredging Corp common—
Preterred
Jun
Coal
11%
Standard Cap & Seal common——
—10
Convertible preferred
-
Common
Va
11 Va
Standard Brewing Co_—
Standard
West
0
—————
$1.60 convertible
Standard Oil (Ky)
Oct
9%
Low
108
•
Utility $8 preferred—..
1
& Bros—
SpehCti Shoe Corp
Stahl-Meyer
Inc
Texas
.—10
Line————
Royalty Co
Spalding (A G)
1st preferred
300
West
Range since January 1
Shares
High
Low
Par
Oct
Sales
for Week
Range
of Prices
Sale Price
High
131
July
5%
.—10
Co
Pnospnate
Southland
121
England Telephone-
Southern
V
Low
..100
New
Southern
La.>i
Exchange
Curb
York
Week's
Friday
T o i; K a
a
New
Range since January 1
Shares
Hiab
Low
NOVEMBER 3
far Week
of Prices
Par
ENDING
sales
Range
Exchange
Curb
York
New
Week 'a
.
WEEK
FOR
RANGE
Monday, November 6, 1944-
FINANCIAL CHRONICLE
•
21
OO V'o
88%
88%
110
95%
102%
1013 4
103%
■
.Volume 160
EXCHANGE
NEW YORK CURB
RANGE
Last
Interest
Exchange
Curb
or
M
Y State
Y
Elec
&
Ltsr
West Chester
&
5%s series A
Ogden Gas 1st 5s
Power
1st
mtge
Ohio
1948
redeemed)
(8%
3s
1st
Ohio
Public
mtge
Service
Pacific
Light
&
Power
1st
5s
F-A
F-A
104% 105
J-J
'56%
U-N
Portland Gas
5s
4 %s
P
B
of
San
New
1
106
A 5s
100%
105% 105'A
1
106%
West
104 '/a
1979
J-D
137%
AJ-S
127
•-D
A-0
91'/a
1967
A-0
104%
A-0
104
98 V4
'/2 104%
126%
127'A
$82%
73%.
„
91%
6
86'A
6s
12
103%
$104
$105
103%
104 %
Co
108
104%
105
3s
1965
M-S
105%
105% 105%
19
104
A-0
107% 107%
3
107
A
20-year
J-J
103%
105%
1951
F-A
72%
86%
iy70
F-A
106%
108%
L
M-3
2
101 %
104%
25
83'A
98%
."V
■
—
'
8s
82
—
103% 103%
"
94
!
95
42
98'A
97%
A-O
May 1948
May 1948
14
82 %
$106% 107%
—
U-N
1989
A-O
97%
97%
98'A
20
82
105%
109%
114%
—"
-
118
10
98
100
85
98
96%
100'A
96%
15
100%
100%
F-A
98'A
97%
98%
33
86'%
98
97%
98'A
37
86%
61
A-O
Bonds
Friday's
Range Since
Sold
1
January
No.,
High
>
3
Low
High
51%
62
54
61%
16'A
61
61
30%
'
$61
J-D
$27%
—
H-
of)
.1948
97'A
97'A
98%
57
86 %
—•
97%
98
27
86%
2a%
56%
17
29%
J-J
.1952
stamped
•
™
41
'
M-S
1951
J-D
Mortgage Bank of Bogota—
A7s (issue of. May 1927)
1947
M-N
(issue of Oct.
1947
A-0
1931
.1972
J-D
stamped
7s
1927)
AMortgage Bank of Chile 6s
Mortgage Bank of Denmark 5s
r
/
—
$41
.
__
$16
23
22
18
34
37
36
2
$41
•
-
>_
34
46
33%
33%
17
34%
$38'A
34
21
19%
2
18%
18%
J-D
6'/as stamped
(Peru)
7s
40
16
17%
58
79%
33
41%
34
43%
:
$80
..'
$38
39%
6
6%
76
3%
8%
6
6'A
27
3%
8%
.
.
45
'
'
F-A
A-O
J-J
—
56'/a
/ J.-'
.
deposit
•
$32
■
40
.
—
—
1946
20
;
5s
3%S
J-J
5
107 Va
Cash
r
V 117%
value,
sale,
'•.
■■
a
Deferred delivery sale,
d Ex-Interest,
6
40
Odd-lot sale,
e
n
Under-the-rule isle,
Ex-dividend.
x
Bonds being
traded flat.
.
■;/■*■
§Reported In receivership.
119
Abbreviations
certificates of deposit; ."cons," consolidated; "cum," cumula¬
"M," mortgage; "n-v," non-voting stock; "vtc," voting trust.certificate*}
"ww," with warrants; "xv," without warrants.
' T,
used aboye—"cod,"
103% 103%
,v\
.
J-J
1921
6
101%
105%
tive; "conv," convertible-;
108% 108%
F-A
J-J
-1919
6%s
6%
J-D
$Friday's bid and asked prices; no sales being transacted during current week.
A
'
J-J
A5VaS
106%
105
4
118% 118'A
118%
J-J
104%
16
40
M-S
1959
Government
•No par
105'A 105%
>
1958
6'As
Janeiro
de
ARussian
41%
5
105% 105%
105%
U-N
7s
(State)
AParana
ARio
20
20%
'/V
31
31
31
A-0
1960
1956
2022
1979
1968
5s__
5s
6'As
City
A7s
82
& Waterways—
External
AMedellin
83
60
80
$21
62
"
56%
19
$75
F-A
1
80
80
U-N
98%
52%
1953
5s
Port
1958
98%
1957
6s
M-N
.1958
98%
F-A
A
Power
or
Bid & Asked
J-J
1955
AMaranno
99%
J-D
1946
of
Week's Range
Last
Sale Price
(Col)April 1946
Jan 1947
5'As
ALima
99%
1950
Light
Service
Edison
■'
$99% 100
—
w
100'A
Friday
Bank
Mortgage
Extended
99%
1957
& Light
Water
86%
1966
Industries—
2nd stamped
Toledo
97%
98
•
Interest
Exchange
Valley 7s
Danzig
'
1951
1
Dec
&
Curb
7s
(see
Danish
A
$103% 105%
(Hugo)
series
6s
Tide
J-D
J-D
7s
A20-year
(Calif) —
4s
stamped
Electric
F-A
-1937
Agricultural Mortgage Bank
109
Corp inc 5s
Stinnes (Hugo) Corp—
Power
121
Low
106%
1970
AStarrett
Texas
-1959
stpd
Period
106%
gold debentures
Texas
12
107% 109
$118
105
5
6s
7-4s
5s
York
New
Bogota
2022
Gas
Rys
^Certificates
J-D
5s
105%
105'A 105%
6s.
A7-4s 3d
A-0
>1960
109
110%
Union—
debentures
f
s
conv
Rys
105%
90'/a
105%
(stamped)
Cony'6s stamped-.
Stinnes
>2030
5s
47%
24%
105
108%
6
—
•
Foreign Governments & Municipalities
93%
104% 104%
J- J
6s
Power
280
47%
106'A
83
J-J
Spalding (A G) deb 5s
Standard Gas & Electric—
Standard
5s.
Newspaper
128
1957
Southwestern Gas & Elec 3'As
6s
J-D
113
1971
Debenture
43%
•106
$107% 109'A
-1964
Penn-Traction
Western
104%
105
1947
mtge 3s
Debenture
116%
47
106
J-D
3%s
BONDS
6s_,
Gas
&
111%
152
107% 107 %
1951
Edison
P
M-S
4s>ai———.
Electric
Penn
West
106
22
141% 142
A-O
5s
California
Southwestern
Elec
&
109
103 'A
3V4S
Coal
Counties
115%
9
102%
3
108
1970
Power
Indiana
-1954
115
111%
92%
105'/a 105 '/a
1951
California
1st
Af-N
112
107%
101 % 102'/a
1952
6s—
Southern
Southern
113%
104
105
$103'A 104%
142
Pwr 4'As
Southern
Southern
F-A
-2022
—
Water Power
1A Yarn
$107% 108
M-N
—
6s 3
D
Wyoming
Carolina
106%
1
(Maine)-
A
dibs
income
Ry
Wash
ACauca
South
109%
102%
110
105
Co-
series
6s
Wash
-
Sheridan
102
72
114% 115
105%
Jersey—
Estate
series
A-O
.1952
& Light
Debenture
107%
103
111'A
105%
$108
A-O
5'As -1952
A
series
Utah Power
108'/a
107
J-D
1964
1949
4'As
Water
Water &
4%s
1st
108%
106%
107
J-D
High
102%
110
113'A 113%
1959
Light Si Railways
6s
117
M-S
5
110% 110%
109%
,106
M-3
-1959
Scullin Steel lnc mtge 3s
Shawinigan
6
.
109 '/a
1952
Real
105%
3
107 %
107'A
108
A-O
.*
Joaquin Lt & Pwr
ASchulte
104%
8
M-N
A
Harbor
Safe
3
108% 109
J-J
Low
96%
■
•
»»
.
Co—
(Delaware)
& Rys
January 1
Waldorf-Astoria Hotel—
56%
F-A
certificates
Queens Borough Gas & Electric—
series
4s
5'As
United
105%
I' 40
"
perpetual
5%s
J
Range Since
Sold
NO.
High
Colorado—
Co oi
Service
6%
103%
10
;
108% 108% %
1961
,
1st mtge 3%s
Sinking fund deb 4s
Public
&
cons
Bonds
Friday's
104%
1
$108
J-J
1956
>.
4'As
&
Lt
109'/a
56%
107
J-D
1950
;
(Can)
Corp
Public Service
N
Power
Co—
E
5s
Electric
AStamped
extended
Edison
series
Power
Coke
&
stamped
197%
105%
106% 106%
M- N
1979
Pennsylvania Water & Power 3%s_1964
3%s
-1970
Philadelphia Elec Power 5%s
1972
Philadelphia Rapid Transit 6s
1962
Potomac
105%
102
•;
103'/a
$102
1977
-
1
13
105'/a 105'/a
106'A 106'/a
106'A
F-A
1964
1st mtge 3s
Perm Central Lt & Pwr 4%s_>
J-D
Light
1st lien
110
3
45
1955
5s
104%
108
101'A 101'/a
107'/a 108'A
A-0
or
Bid & Asked
'
J-D
.1949
United
95'/a
102%
Af-N
1948
Park Lexington
107'/a
82
17
,
A-0
1962
4s
Oklahoma Power & Water 5s
Transit 5%s— -1952
Rapid
City
United
1945
1968
1971
1%
3'As
'
90'/a
89'/2
89'/a
J-J
Salo Price
Low
Twin
111
102'A
27
104'A
104
,
Corp—
Last
Period
United
J-J
2004
4s
North Continental Utility
Interest
Exchange
Curb
High
108%
•$ 108 'A 109 'A
M-N
1964
3%s
Gas
Low
No.
York
New
Range Since
January 1
Sold
Hiah
Low
N
BONDS
Bonds
Friday's
Bid & Asked
Sale Price
Period
NOVEMBER 3
ENDING
Week's Range
Friday
BONDS
York
New
WEEK
FOR
1993
CHRONICLE
THE COMMERCIAL & FINANCIAL
Number 4331
7
107
111
"wl," when Issued;
OTHER STOCK EXCHANGES
RANGE
FOR
WEEK
ENDING
NOVEMBER 3
Week's
Range
for Week
of Prices
Shares
r
Last
■
VV....
■
•
Arundel
././ V
.
Preferred
common
E
Gas
4%%
L
&
Davison
&
Deposit
Low
"15%
15%
545
2.00
2.15
301
14'A
43
215
14%
43
14'A
7
16
40
Feb
115
Jan
43
6 7o
'
VU preferred- —>>—
—25
Mt
Vernon-Woodbury Mills pfd—100
New Amsterdam Casualty
—-2 ■//" 26
North American Oil Co———/25c
—
Seaboard Commercial 5% pfd
50 —
-:
O S Fidelity & Guar.
—50
36%
400
14
Feb
153
21
136
July
,153
75
13
Oct
15
90
27
VFeb
15%
Oct
85
29%
Jan
Apr
90
55c
40
400
55c
40
20
470
36%
35%
45c
36
Feb
55c
41
May
35
Jun
July
Isle
July
7: 41
Jan
4s»>•
1975
series A-—>—^>.—^1975
Transit Co
57%
67
,
811,500
58
67
\
17,800
Jan
51
: 59%
Jan
;
Boston Stock
Exchange
Last
Range
1
Sale Price
6TOCK8—
American
&
Son
Boston &
Boston
125
2,801
;
class
A
b';b
class
B
10%
class
1st
Ss
126
8%
Stores
•
43%
42%
44%
TV——1
34%
34%
35
—*
39%
38%
39%
1,596
12
12%
141
55
7%
Apr
24%
Feb
40
1
11%
Jan
228
96%
Jan
36%
2,914
32%
Jan
70%
71%
400
23%
10
115%
114
35%
71
,
9 Ve
28
Copper
For footnotes
.7%
Service
RR
Colony
Jan
Jan
107
3%
Jan
10
7%
11
5
Jan
170
12
Apr
.,.->100
u-10
13%
7%
14%
31%
0
6%
502
638
6%
.
7a4
•
•
12%
6% Mar
;
13%—
31
28%
6
12%
Jan
"■
Jan
2%
Jun
35%
100
4%
*
Jan
14c
1,146
Nov
36% Mar
Jan
Jan
47%
10c
1% Mar
•
61'A
Nov
Jan
11%
5c
11
Feb
7
17% July
May
15c■
Sep
Jan
j-
50
24%
Feb
41 %
370
35%,
111% 112%.
31c
Feb
23%
14C
35c
Oct
6
60c
200
Oct
Jan
3%
85
635
Oct
Jan
7
100
.
Feb
37
200
11
Nov
Feb
1%
15%
35%
•
100
Jan
27%
15%
35'%
2%
25
61'A
15%
112%
29%
15
9%
2.50
1
700
61 '
75c
Jan
7:
37
1%
'
7%
Apr
Jun
78
543
9%
1
103%
Apr
112%
Nov
30c
Jan
46c
Mar
7,810
38c
Aug
RR
18%
116
Button Hole
Oct
Rutland RR
Oct
Shawmut
36% Aug
Mar
Stone
&
United
7% pfd
—
42% July
United
8% Mar
7% July
8
Apr
9% July
14%
42%
Sep
6%
U
S
—.'
Shoe
40%
Jun
31% July
11%
12
221
.9%
Jan
12
Jan
.1% May
Vb Mar
1% July
12c
1%
1
1
13%
1
13%
19
12c
20
1%
1%
1
200
"
15
13%
10'A
107b
90
36
———*
——-5
36%
421
12 Ve
7%
32
Jan
15
Mar
Apr
11%
July
Oct
May
36 Vt
Oct
17% July
15
15
——•—>—*
87%
87%
88%
325
12% Feb
75% Jan
common—25
73'A
71%
73%
775
69%
Jan
78
July
,——25
44%
44%
46
42
Jun
45
July
>10
48%
48%
146
40%
Feb
53%
12%
145
10%
Jan
12% July
Jan
33
Feb
Inc_
Machinery
preferred
;
Rubbar
tS
Jan
25V8 Jan
•
Waldorf System Inc_.
Warren
10
100
I-———.——•
—
Co
Drug
Feb
25%
982
Mach—
Webster Inc
Torrington
45c
157
30%
12
50
—
'R;Ipchine
Assn
Jan
39%
30
r
—>_*
—:
Folding
10c
39%
30%
—100
—
Mills
Reece
24'A July
134
-
7
■
U ■,
Oct
50c
35'A
27
27%
Jan
5%
Oct
36
39% July
13% Jun,
15
150
4%
61%
7%
30
::
1%
•6%
44%
33% May
34
100
37
t C-_-__j——1
Feb
34%
1%
35
5
50
—-'--100
v
Jan
31.18
1%
-_100
common
Cos
Pennsylvania
74%
Jan
4
31%
7%
5
page
7
7
-
1;
>___
Mar
19
26
14%
-
100
100
—
see
common
35%
75
75c
66c
99
15% Aug
Jan
80
7%
7%
•
.*
w-;
Associates
July
65% Sep
445
40%
6%
6%
iioo
100
preferred—
—
38%
39%
0
& Elec Assn—
•
preferred.'.-—-v—,-'*,"''
TeL_———>100
Pacific
794
18'
•
class A__—
United Fruit Co—
pfd stamped/preferred
1st
Hecla
Service '
Old
Oct
23%
.100
Stamped
Cities
14%
North Butte Mining
Oct
8%
36%
—251
Boston Personal Prop TrustBoston & Providence RR_
Calumet
13%
High
RR—
1st
D
%
4958
27%
114
.100
.
.—100
5%
Jan
14%
England Tel &
-.164%
7%
18
Albany RR
Maine
Oct
32%
1
England Gas
Feb
26%
->-
Boston Elevated Ry
&
13%
Jun
—
Jan
8%
—50
Boston Herald Traveler Corp——
Boston
29
155%
27'A
«
_>—
Inc
Edison
Jan
28%
Reece
Woolen
Anaconda Copper
Bird
Range since January 1
Low
48%
47%
163%
9'A
200
Mergenthaler Linotype
___'%
Narragansett Racing Assn Inc_—_
1
Nash-Kelvinator
—5
5'2
High
163% 164%
48%
American Sugar Refining—»..——100
100
American Tel Si Tel
Shares
of Prices
tow
Par
535
preferred
New
21% Mar
Jan
135
14
Util
New
13
18%
31
18%
18%
■
- t or Week
Oct
13%
National
Sales
Week's
Friday
.
108
30%
Central RR
5%
Mass
Jan
31
Corp (Del)
preferred
Maine
Oct
92
14
i,
preferred
Royale Copper —15
' 64 % July
70%
100
100
A__—
Inc. common
conv
6%
Oct
250
Oct
*
Lines
Lamson
.
48
._>__*
Kennecott
:
Bonds—
87
81
Jan
106%
106
Class B —/■—l---——--u—
Jan
Jan
32%
45%
adjustment
Hathaway Bakeries
July
.26%
56'A
80%
44%
Gillette Safety Razor Co
t Mar
32
Jun
81
24
.
—
5s
85'A
26
25
50
80%
•
Capital Corp
General
-
_
Baltimore
5
38
139
30%
30%
Jun
300
General Electric
Monongahela West Penn Pub Serv—
Oct
1%
1%
Ry—
pfd. series
SS
National
First
30% May
8%
Jan
1%
.—
>
High
Jan
90c
10
5%
150
Engineers Public Service
Sep
29%
15%
25%
pfd
Eastern
Oct
18
v
5%
1
1st
Low
8%
-——100
100
prior preferred
Range sinee January 1
High
Low
8
Associates—
Employers Group Assoc
13
15%
-
—
Fuel
&
preferred
6%
Aug
150
_-,
153
18
■
•
Eastern Mass Street
July
29%
-1
20
Co__
Georgia Sou & Fla 2nd pfd
^_100
Houston Oil of Texas 6 <k pfd vtc— -25
' *• ■'! "
;.v
•
Co
Gas
4% '~o
Oct
Oct
117 %
Boston
Eastern
Jan
2.30
Apr
3
East
High
18
Apr
1.00 May
30
116% 117 "
——-*-100 T. 117
Co_-_—-»>>>;
Chemical
Fidelity
Range since January 1
Power—
preferred B
•
Co
Range
Copper
High
Low
;:
2.15
-1
Brager Eisenberg Inc
Consol
' A
100
t c_—
v
Par
•
vt c
Shares
of Prices
—*
Corporation
Bait Transit Co
t
•..••
Par
tor Week
Range
Sale Price
STOCKS
.'
'
•
Sales
Week's
T-TV.Vy Friday
:
STOCKS—
.
:
.
Sales
Last
Sale Frico
Friday
Baltimore Stock Exchange
Di
11%
•
105%
60
267
20%
104% 105%
222
91%
122% 1221a
S4.000
32%
•
Co
Westinghouse Electric & Mfg———80
.
33
90%
107%
Oct
Jun
Oct
Jun
Feb
May
7%
Feb
Oct
17 %
Mar
Bonds—
American Tel &
1999.
T
Tel
conv
3s_
1956
121% Sep
122% Nov
THE COMMERCIAL
1994
& FINANCIAL CHRONICLE
Monday, November 6, 1944
OTHER STOCK EXCHANGES
RANGE
FOll
WEEK
ENDING
NOVEMBER 3
Week's
Friday
Last
Chicago Stock Exchange
Last
Sale Price
STOCKS—
Low
par
Steel
Acme
Co
Ball
Aetna
Castings—_——5
Aluminum
Advanced
Bearing
American
Pub
American
Tel
*
16%
common.—
Tel
65
200
8
1,100
4%
100
12%
17%
16%
',..500
19
65
Oct
Jan
8
Pressed
(The)
Steel
21
Quaker
Aug
Jan
Co..
19
"
common..
Car
Oats
Co
common..
Jun
20%
Jan
Preferred
Rath
118
Oct
Jan
164
Aug
6% July
22'A Sep
Sangamo Electric Co
7% Mar
1%
1%
1
Jan
3%
3 %
750
1%
Feb
4%
4%
1,250
3%
Jan
.
80
100
Jun
2
,
3% Aug
5% Aug
Schwitzer
Serrick
Cummins
Belden
Mfg
Co
Co
Steel
Corp
Bendix Aviation
Corp
Corp common
Brach <fe Sons (E J) capital—..
cl
Fence & Wire
Co
Jan
12% July
Southwest
Jan
46%
Sep
Spiegel
11%
Oct
St
20%
Jun
Standard
14
11
200
45
400
11
500
Jan
8
20%
2D %
600
16%
Jan
38%
39
550
34%
Jan
22%
22 ¥o
22%
23 %
*
23%
24
1
6
.
18%
14%
Feb
3%
Oct
1
18%
5%
:
pfd—
Feb
.
Feb
Bend
111
Pub
Illinois
Secur
Common
Standard
Serv
for
c
170
%
Jan
Jun
13 %
13
750
9%
Jan
13% July
..50c
125% 125%
*
pfd
72
72
*
7%
1
50
9%
58%
7%
4
125%
Nov
Jun
74%
Oct
Jan
Oct
12
7%
% May
Storkline Fur Corp common
15,300
52%
53%
1,550
44%
Jun
53 %
Nov
34
34%
34%
350
34 %
Nov
39
Cities Service Co
*
29%
27%
29%
2,400
23%
Sep
50%
61
100
61
Sep
64% July
10
50%
61
44
55
Jan
10
common
'14%
12%
*
common
29
14%
750
12%
Sep
28%
17% Mar
4%
2% May
4
4
common——23
Container
capital
(The)
United Air L
U
Steel
S
20
pfd—100
cum
100
29
9,050
24%
Jan
9'%
Nov
Jan
8%
Oct
General
28 %
102%
28%
800
20
Feb
28%
Oct
Interlake
430
93%
Jan
104%
20%
Jan
26%
Sep
6% May
13%
Oct
39%
40%
Airlines
*
Fairbanks
Fansteel
Morse
Fox
1
Corp
37%
class
Candy
General Finance
•
.....
.2
common...
St
Steel
Corp
22%
200
20
110% 110%
11%
50
July
24
Oct
Feb
106%
Feb
110%
Nov
6
Feb
12 %
Aug
Apr
43
Jan
16
Jan
19 %
Nov
2
Jan
10%
11%
250
30
30%
180
27%
19
19%
600
3%
700
3% Aug
31%
Sep
5%
5 %
250
3%
Jan
5% July
15%
15%
650
12%
Jan
17% July
11%
800
11%
34%
12
Jan
Mui-
10
Aug
14%
14%
450
13%
Sep
18 %
30 %
30%
1,000
27%
Jan
31%
Feb
31%
30%
31%
50
28
Jan
33%
Jun
50
.
Feb
49%
Jan
16%
16%
150
Jan
17
Oct
36
36
110
33%
Jun
36% Aug
79%
79%
200
77
Apr
82 %
Jan
32 %
33 %
250
23%
Jan
34%
Aug
57%
57%
50
50%
Apr
63% July
132% 132%
100
7%
100
3%
Jan
47
36
33%
47
San
100
100
37%
Nov
6%
44%
12
Sep.
120
Jun
133
July
300
8%
Jan
12%
Oct
7%
450
4%
Jan
7%
Oct
GOO
12
9
Fob
24%
Jan
56%
27
850
34%
400
29%
8
40
July \
Martin
Corp
Jan
56%
Jan
12% Aug
July
71% July
28
New
York
—..1
Corp
Central RR
Incorporated
Oil
Pure
Co
(The)
Oct
100
38
Sep
41%
150
17
May
36%
Oct
200
10%
14
Oct
25
100
23
Aug
30
200
13
Mar
6%
4,700
3%
Jan
100
40%
Jun
51%
Feb
66
20%
10% July
21
i
21
550
16'%
Jan
Nov
15%
450
11%
Apr
17% July
18 %
1,250
15%
Jan
21% July
25%
25%
Jun
100
23%
Feb
29
45%
45%
100
37%
Jan
51% July
•
16 %
15%
16 %
1,000
15
Sep
18
Mar
commonijl—.'•
10%
10%
£0%
12
July
18%
18%
1
*
i
—
Radio Corp of America
13% Aug
**
550
8%
16
Apr
100
Apr
21% July
28% Mar
•
Sep
32% July
58 % July
14
Apr
20 %
40%
*
corpmon—_—
Feb
53% July
43% July ;
950
Jan
July
15%
7
17%
Republic Steel Corp common
13%
39% July
100
8%
4'J
15%
common
Standard
41
1,700
2,100
5
14'A Aug
Brands
66% July
6% Nov
Apr
350
%
—•
.
capital
3 6'A
36%
6
39%
8%
20%
Jun
35
64 %
6
38%
*
Co common
(Glenn L)
common
Jan
July
64
6 %
39%
*
Iron
Jan
13
34%
T
Corp common——1
7%
27
•
Pullman
13%
■
8% July
27%
11%
7%
•
common
Paramount Pictures Inc
Mar.{
41
.
12
•
com
Co
Oct
15
36%
—
13%
7%
1
Electric
Jun
45%
Jan
15%
—
*—5
A
37%
Apr
Oct
5
12%
.*
—10
'
10%
1,650
25
*
1
Auto
36%
100
5%
37%
/
34%
15
250
15
5
13
5
:
Brewing common—,—1%
(Peter)
General
5%
common..
Drive
15
1
Co.
Metallurgical
Four-Wheei
40%
_*
Inc
Util
22
Apr
Stocks—
Nash-Kelvinator
Household
15% July
Oct
100
National Watch
Jan
1
common
...
Bethlehem
Jan
12%
Electric
10%
preferred......—100
Products
Copper Mining
50
Topeka & Santa Fe Ry com—100
1011/4 102%
'
'
'
•
(Alf) & Cohn Inc common—10
Eastern
5
Anaconda
Atch
2%
12%
Elgin
810
*
American Radiator &
Oct
4%
Decker
common
13 %
Aug
Bankshares—
Nov
29
100
450
Co
13%
_*
Transp capital.—_
Industries
12,800
25%
&
Corp com..*
Common
Woodall
8%
25
Deere
20
2
Street
common..
Radio
9%
Cunningham Drug Stores......—._21/2
Dodge Mfg Corp common
Domestic Industries Inc class A
Feb
..25
...—
common
cumulative
Utah
6%
9%
*
Corp of America com
13
15
Curtiss-Wright
Cudahy Packing Co 7%
50
5
25
Union Carbide & Carbon capital
8 Va
1
part shs v t c cl B—
20
——10
——
capital
South La Salle
Unlisted
Edison
20
Nov
6%
63% Aug
Co—
Common
Co
208
Wisconsin
Consolidated Biscuit common
Consumers
Corp
Trane
29% July
cap—.....—.♦
Club Aluminum Uteri Co
20
18%
Aug
71/8
•
Western Ry—
,
capital
International
Oct
7%
53
*
—
common
38
Jan
Jan
U Aug
Jan
111
70
50%
■
90
72
9%
"
*
common
preferred
Commonwealth
% Mar
400
Jan
11
Oct
5,150
Apr
3%
33%
Texas
13
—.—.—*
Towel Co com
Chicago
103%
41
preferred
Chicago & North
t
-rj" ST
102'A
1
~
Corp
CO CO
Corp—
Chicago Flexible Shaft common
V
101
4% May
25% July
34%
32%
31%
•
Jan
Jan
10
5
common...
Swift
pfd
3%
21%
350
5%
capital
common...
Corp
Sundstrand Machine Tool common
$6
Apr
300
33%
Oct
Oct
Feb
>43
5%
1
Indiana
Sterling Brewers Inc
Stewart-Warner
31 Va
Jan
:
18%
25
of
Nov
Co
155
Apr
Feb
"
3%
Nov
&
38%
300
3%
12% July
28
1,250
19%
Jan
—.—
Convertible
2
—
Jan
100
4%
1
;
Oil
150
50
38%
100
—
9
Central States Power & Light
Chicago
pfd...
22
preferred
lien
Prior
Preferred
5%
100
31%
Oct
82'% Aug
71% Mar
20
41%
Stockyards capital
*
Dredge pfd..
—20
300
Util common..
Central S W
E
12
...
Convertible
&
common
311/2
31%
Aug
5%
cap.......5
11%
30
220
24
17%
Nat
6%
24
Swift
Central
G
Inc
Louis
Works
31%
5% convertible preferred
Central
Lathe
—_——5
common
81
Aug
16%
Apr
36%
.30
Corp
Common,
41% July
24
Jan
50
200
1,300
6%
11%
5'A
13'%
Co
10
(E L)
Brothers
Butler
8%
33%
250
11
A pfd——
Common
Bruce
South
18
11
—ft
Uorg-Warner
Brown
18
20
45
5
common...
Berghoff Brewing Corp
1
Bliss & Laughlin Inc common.——__5
"
Sinclair Oil
100
17%
■—10
1——-—*
common...
Radio
Belmont
27% July
26%
100
4%
23%
—_l
common
Strap
*
Jai^
Ma"
26%
common—
Jan
15%
36
Jan
2%
152
41%
24
capital
Corp class B
Signode
152
__5
._
common
Common
Bastian-Blessing
31%
5
79%
—10
Raytheon Mfg Co,—
6 *fo. preferred .1
Apr
50
"15%
High
Low
50
150
35%
5
•
common..
May
108
35%
1
———_
Packing
4%
450
Range Since January 1
High
1
,
common......
1'56 %
10
Shares
Oct
3
(Delaware)
Co
Low
Par
.
fThe)
100
5%
of Prices
High
Mar
16 %
Circle
1,100
118
5%
57
3
Automatic
Aviation Corp
Ti
1
X
Mfg Co common
Washer common
Asbestos
Low
163% 163%
5
—a
common
Equipment Corp common...
Aro
118
pfd———.-—100
Co capital
100
Scrv
&
Co
&
Armour
17%
Range since January 1
High
7%
—.1
common
Laboratories
Allied
6214
—25
common......
Potter
Shares
of Trices
r
•.
Perfect
for Week
Range
,
Sales
tor Week
Range
Sale Price
'
Sales
Week's
Friday
STOCKS—
6%
5%
Jan
Studebaker
S
25
55
55
200
1
Oil of N J—...
Standard
U
18
18%
950
Corp common—
Rubber Co
-10
common
51
July
16% Aug
6%
Nov
'
General
Foods
General
Motors
Gillette
—*
common
1
common
Razor
Safety
Corp
common
Goodyear Tire & Rubber common
Gossard Co
Lakes Dr
Great
Hall
(H W)
&
Harnischfeger
Hibb
Dk
Inc
47%
38%
Feb
49%
Jun
16%
300
13
Jan
17
Sep
9
Cincinnati Stock
July
Friday
Last
19%
20
500
19 %
Jan
2iye July
19%
100
15%
Apr
20% Aug
Aluminum
10%
10%
350
8%
Apr
11% Aug
American
12%
12%
200
9%
Jan
12%
Jun
Baldwin
48
48 %
90
37
Jan
50
Oct
14
14
50
12
Sep
16%
50
13%
Jan
18% Aug
100
1%
__10
common
'
cap
12%
1
__25
.__'J
...
class
B
14
—_ft
(new)
common
__1
4%
4%
4%
..10
8%
8%
9
Jan
6
Aug
Mar
9
Oct
V":'
Brick
Illinois
Central
Co
capital
400
4
Low
'/A'Par
Industries
—*
—
Shares
Range slnee January 1
A.
50
Apr
14%
Oct
33%
125
25%
Feb
34%
Jun
10 %•
10
Nov
109
Jan
35
7% May
103
40
100
Apr
10
Cincinnati Gas & Electric preferred.100
10
30
10
May
100%
Jan
107
8%
9
-——50
:
8%
103
•MM
Cincinnati Telephone
High
350
10
————100
Preferred
Low
14
32%
8
Churngold
High
14
20
Laundry Machine—,
Cincinnati Street
Illinois
Sales
for Week
of Prices
14% July
16%
Exchange
Week's
Range
Sale Price
STOCKS—
19%
common
Motors
Feb
*
Co G
Houdaille-Hershey
Hupp
Jan
7
10
Spencer Bartlett common.
Horders
8
100
200
16%
*
_
700
8%
46%
:
July
com
Corp
Brew
_*
i-*"
'
common.
Printing Co
Heileman
common
—
12%
8%
12%
%
62
12%
*
Goldblatt Bros Inc
10
41
60%
0
common—
41
107%
122
9
1,678
79
■
79%
16
13% Mar
107% July
Jan
9
80
July
Jan
14
Nov
27
i
Mar
Jan
7%
72
Nov
'
RR
__100
common
Indep Pneum Tool v t
16%
*'
Inland
Steel
Co
International
Interstate
Jarvis
$6
(W B) Co
Jan
19% July
Cincinnati Union Stock
Jan
25
Nov
Crosley
100
16
May
20
Feb
86
Aug
Dow
*
common
Apr
80%
Sep
15%
Oct
Formica
13%
Jan
18'A
Jun
4%
Jan
7
81%
81%
50
77%
77%
100
13
10
4%
17
17
100
7
7
100
6%
7
450
6% Aug
26
1,150
"10%
Jan
26%
Oct
70
.47%
Jan
53%
Oct
Hobart class A
36
Nov
42
Oct
Kroger
__
capital
I
—
72%
'68
Corp
Drug
Kellogg
.
Co
Switchboard
...
common
1
7
*
common
7
8% Mar
——
—
Drug
14
409
8%
24%
27
-339
17 Va
Apr
733
5%
Jan
Insulation
*
10
•
—
7%
8%
13%
12%
13'%
33
0
.
8%
33
Art
Hatfield
10%
8%
Oct
Apr
14
July
30
May
35
Jan
.100
68
37%
38%
3%
67
Sep
69
Apr
29
Sep
•40
Jun
3
Aug
68
—*
60.
110
pfd—
——:—.
Invest
—
302
35
———-——'*
Foundation
Gibson
Katz
13%
27
Oct
19
pfd.
14
Eagle-Picher
Jan
*
—*
Ydrds.
Oct
25
19
81%
"
Harvester
10%
19%
24%
13
capital
Power
200
750
16%
25
19
new
c
Indianapolis Power & Light com
2
4
4% Mar
'
Ken-Rad
Tube &
Kentucky
Lamp common A
Util jr cum pfd..*
Clark common.;
Kimberly
Rights
.
.
*
26
52%
37
*
25
52%
50
36
52%
,37
920
—100
1
3,900
%
Oct
1%
Leath '&
Co
.3
common.
4%
2,750
1%
Jan
4%
Nov
National
7
300
3%
Feb
7%
Sep
Procter & Gamble
%
common
...
4%
*
Llbby McNeill & Libby common
7
7%
7%
7%
2,550
6%
Apr
8% July
Lincoln
1
5%
5%
5%
600
4%
Jun
8
Printing
$3%
Line
Co
common
preferred
Material
23%
Co
common
5
--
23%
15
:
15
40
100
15%
Jan
10% May
23%
15
Jun
-
8%
Rad & Mfg class A
'McWilliams Dredging Co
Marshal]
Field
•
48%
*
common
18%
1
com
West
Midland
Corp
United
capital.
7%
Util 6%
prior
10%
50
18%
4,100
8
11%
—
A
»
prior lien
Common
27
9%
common!
1
—*
28
Sprlngfilled
...,
common
American
West
1%
Parker
6%
Penn
Car
Pen
common——20
Co
B
Peoples
Oct
Oct
—
Switch
RR
Gas Lt &
For footnotes
33%
City
Ice
28
Nov
167/e
Sep
Standard
17
Sep
Timken
2%
600
11
"100
33
100
53%
350
29
70
3%
1%
Jan
7%
Jan
11
33
41%
Apr
53%
30
——
Jan
20%
29
227
50
22
3%
3%
140
*
—!*
23
23
108
13%
14
277
41%
41%
204
35
50
Feb
14%
36%
36%
50
32%
Jan
38
34
120
150
3%
350
page
x83
10
50
Coke capital
see
33%
17% Mar
1999.
100
86
170
22
Jan
General
'
3%
79
Jan
Brands
Jun
4
Mar
23
Nov
Oct
Jan
14
Oct
Apr
41%
Oct
14%
73
12
20%
50
15
4%
4%
4%
120
3%
Jun
61%
60%
61%
313
51%
Jan
66
28%
28%
40
28%
Feb
33% July
50%
4
43%
Apr
52V2 July
Jan
17% Julv
Jan
24% July
5% Mar
July
Cleveland Stock Exchange
Last
*»-
20% Mar
34%
Oct
Akron
Brass
Mfg.w
Corp
of
Aug
Clark
20%
Oct
America..—.
City Ice & Fuel
94 %
16
Sep
400
26
Jan
56%
Jan
31% July
68% Oct
——.
—
—
6%
a52
—3
_
Corp
common
-
Range since January X
High
Low
5%
Feb
5
40%
Feb
53
10
■,
14%
Jan
25% July
18%
20%
16%
20%
74%
5
74%
45
63
2
111
16%
16%
High
60
6%
£132
alll%alll%
Cleveland Cliffs Iron preferred.
Cleveland Elect 111 $4.50 pfd^_
Cliffs
Shares
a20% a20%
#
—1
Controller
of Prices
Low
:_50
for Week
Range
Sale Price
STOCKS—
Sales
Week's
Friday
July
Jan
150
30%
50
8%
25
Jan
10
232
Jan
14%
Bearing.
34% July
4% May
20
68%
Apr
Feb
3%
50%
Motors
Jan
30%
68%
July
20%
*
1°
—*
Gas
Roller
Brewing
24
20
30%
Oct
2% May
59
*
Fuel
Oct
100
41%
232
29
Apr
25
Rolling Mill
&
Oct
11%
18%
Jan
1% July
22%
—
——
Feb
14%
18%
21
52%
Oct
27%,-fan
100
34%4
100
Oct
Jun
300
3%
A
Feb
July
37%
Nov
19
34%
class
43
45
Jan
Nov
Feb
28
13%
5
capital
Jan
Mar
UnlistedAmerican
5% Mar
common—.10
common
preferred
Elec
Pennsylvania
Oct
18% May
5% Mar
33
125
22%
232
Par
__10Q
Co,.(The)
Coal
12%
13%
36%
35
554
34
39
31%
July
50
'
Util—
preferred
Peabody
8
19
National Cylinder Gas common..
1
National Standard capital stock—10
Nor
18%
Preferred
350
"400
50%
„*
2%
57%
*
.—.—.—
;——
9%
28%
33
28
2%
56%
——-———100
A
B
9%
-
11
•
Montgomery Ward & Co common.—*
North
Feb
13
Oct
*
Printing-
9%
2%
Co
common—1
Muskegon Mot Spec class A
Nachman
Jan
5% Mar
49%
S
9 %
—
.
Brewing
Mfg
8% May
13%
600
12%
•
100
27%
57%
5
35
330
_*
class
Rapid
Columbia
28
100
lien
Minneapolis
Jan
100
Miller & Hart Inc—<
Modine
22%
Co-
Convertible preferred
Midland
5
270
18
8
'
Middle
49%
10%
•
common
Mickelberry's Food Prod
49
37%
-*
—
—
preferred
Class
Nov
Oct
Pumps
Randall
U
McCord
43
42
Oct
4
—
Lunkenheimer
LaSalle Ext Unlv
43
36%
42
—*
7
..._
*
—~
41
28
Part pfd
414
!
.
816
13%
Jan
Jan
Apr
Apr
6% July
22%
Oct
Jan
85% July
Jan
115%
19
July
-
V61ume>160
1995
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4331
;
OTHER STOCK EXCHANGES
FOR WEEK
RANGE
Week's
Friday
Last
;
Low
Par
Last
for Week
of Prices
Range Since January 1
Shares
Low
High
a49
69
41
a24
a24 %
87
common,—i_.
50%; 50 %
150
Goodyear Tire & Rubber——
a46% a467/s
50
.
Goodrich YB F)
Halle
Bros
—
.—5
common—
Preferred'.
18
.100
—;
;
51%
,
18
51%
(M A)
•
32
32
18
Feb
51%
Oct
Jun
106%
Aug
of
Range Since January 1
High
16%
Low
160
95%
Jun
17%
Nov
Jan
25%
Nov
Jan
11%
Oct
55% July
70
Oct
11 %
13% Mar
2,470
25%
25%
474
20%
11
11%
850
7%
a72
a72 %
20
25%
America—
/
11
-1
.
High
84% May
9% jan
17%
,17%,
■
,
Nov
Douglas Aircraft Co. Inc.—
34% July
Feb
31
199
.
Feb
Creameries
Jun
102%
57
105% 106
$5 cum pfd
Interiake Steamship '——.J..;
50
Shares
a89% a91%
a91%
..5
— i—
■
47
'
Hanna
Low
Consolidated Steel .Corp.——;
.preferred
54% Jun
,,
12%
117
Chrysler Corporation
25% Jun
36%' Feb
...
25
•
Jan
for Week
,
of Prices
Par
Jun
50
19% Feb
40%" Feb
Manufacturing
General Tire & Rubber Go
Sale Price
High
a49
Eaton
STOCKS
Sales
Week's
Range
Friday
Sales
' ■
;J:. Range
Sale Price
STOCKS—
•
ENDING NOVEMBERS
;
Electrical Products Corp
—4
Emsco Derrick & Equipment Co.—
5..
Oil Co Ltd A——
1
12%
13
13%
.i
10%
10%
33
Exeter
,900
-
33
5.-
;
Aug
8%
Jan
500
30
3
460
11% May
40
Oct
Mar
Jan
'
Jones
&
Laughlin—_
Island Lime & Tr
Kelley
•
~7-%.
Medusa
Portland
Refining
•
Mar
14%
Oct
Farnsworth
Jun
7%
Sep
General
17
Jan
11
1,408"
10
23%
23%
260
,4%,. 5
15%
15%
130% 131
..
■
Prior preferred
■National. Tile
7%
,
22
400
3%
100
10%
Feb
6%——,——''
2
.—...i-'1'
2
....
.
;
25% Oct
15% Mar
1%
119
Oct
5
131
13%
.....-
Bros
41%
41%
Seiberling; Rubber
^r:
——.—
Standard Oil. of Ohio
Thompson Products Inc
a8%
J25
Van
Dorn. Iron
—
Ti
Works—
19 V4.
19%
3
Warren Refining
..White -Motor
Youngstown Sheet & Tube—.—.
•
24%
Oct
6%
Jan
40%
Jan
50
32 % i Jan
,
38%
2
20
Sep
29% July
42% July
.
Intercoast
Petroleum
Unlisted-—
I
Glidden
a23
Interiake Iron
common—..
common^-.-,
52
Feb
18%
Jan
Apr
39% July,
25
July
42% July
Nov
Jan
10% July
a23%
18
a36% a36%
common
Rayon
Feb
35
135
'247
80
a8%
40
16% al6%
160
15%' Sep
20%
18%
310
16
Apr
21% July
140
50%
Apr
63% July
a8%
—
Ohio Oil common—
a
Repubiic Steel common——.
U S Steel common,—,——'—.
al8
a
a57% a55%
35%
6%
Feb
21c
21c
15c
.Oc'eanic Oil Co.^^.^—i——i
-,-Vl
& «Elec
Indemnity
Pacific
Public
Petroleum
Co
Solar
Aircraft
6 %
34
678
30% Jan
49
6%
1,486
~6%
5%
a48
;
45c
preferred class B—
Calif
Transamerica
Unlisted
Crowley,
Edison
Detroit
——20
Detroit-Michigan Stove common.
:-l
Detroit Steel Corp common
,—-5
Frankenmuth Brewing
1;
Gar Wood Industries common———3
General
Finance
Graham-Paige
common
—1
;
1
common—:—,—.
1%
High
Grand Valley Brewing
11V4 July
Jan
5%
Oct
47% May
36% Jan
51%
Jun
42 %
Aug
100
41
Jan
50
295
10%
Jan
15
Aug
July
10
40
50
>•
10
13
„
al3%
4%
5%
3,410
13%
1,227
7% May
26%
1,717
32
591
22% Apr
30% Apr
30%
542
24%
Jah
33% July
933
39
Jan
3
36%
34%
50
5%
275
13%
Feb
9%
3,352
8Va
Jan
a24%
125
9%
a23
19
18%
19
15
100
Oct
Oct
Feb
July
7% July
17
Sep
lOVa
Jun
•
223/£» July
20 V4 July
18% Apr
177/8 Sep
lj520
15
Nov
.
32 V4
Feb
16 V4
5%
14
26%
,
Sep
a57/a
16%
i-
12
Jan
1.10
200
1.25
1.25
25c
2c
2c
4,000
6c
6c
1,000
1
200
1%
2%
Jun
9%
515
6%
Jan
9%
Oct
1.700
1%
Jun
2% July
150
14%
,rl%
1%
167/«
'5%.
7%
300-
8V4
•
25
Jan
,.
3%
Jan
13%
867
6%;
500
5%-
7
6%
5%.
6
6%
/
1%
:
2T4
Jun
21
6% July
'
11% July
585
4%
Jun
21% May
Jan
100
Get
10%
Jan
Mar
18%
4' y;
1
21
Sep
8%
Jan
2.074
13%
7
3%
y
100
:
4%
21
-
_jg
w,
.
17
Feb
g
21
13%
.
100
9%
9%'
25
21
:
&
Sanl Corp.——
Stan
Anaconda Copper Mining Co
2%
16%
6
Oct
3 %
_25c
■;
American Smelting & Refining Go.
9%
i—.—*
—2%
common
5 '
i
Oct
48c
May
8% Mar
15
May
.,
Range since January 1
Low
High
2
9%
common
Jan
28c
1.45 Aug
Jun
1 % c Apr
2c
3 Vac July
,8c
May
Jan
'
——:—1
Milner common—;
Jun
Stocks—
Rad
Amer
Shares
'
Cunningham Drug
Nov
7
3"
for Week
Low
1
;
49%
36%
California————25
Zenda, Gold Mining Co.
Sales
"of Prices
Sale Price
Consolidated Paper common—.
Continental Motors common—.
Sep
a5%
I6V4
9%
of
Julv
5%
21%
,
30%
a24%
Oil
46
Sep
31%
32
1
Corporation
49% Oct
,
26
.*
i
37% July
Jan
Jan
13%
*
;
——
Jain
Nov
47%, "Mar
2,565
50
a
2
Union
5
40
al3%
;
_■*
G & S Mng Co.—
imperial Development Co Ltd—
i
10
■'
9%
4%
;
*:
25
Company
Jan
.
40
Jan
5%
600
a52% a52%
Cons Chollav
—
45c
40c
19
10
a48
9%.
r5
Z7i
Sunray Oil Corp
Taylor Milling Corp..
5%
50
5%
Pacific
35 %
47% Jan
40 %
135
13%
Mining Stocks-—
common—
;
5%
5%
Universal Consolidated Oil Co..—10
common
30
301
100
49
a46
,
Jun
75c
33%
a37% a37%;.
—it
.
Jan
33%
i,
Standard Oil Co of
McLaren
60c
14c
__1
Chicago Stock Exchange
Electric
200
-
48c
Transcontinental & West Air, Inc..—5
Allen
Oct
a21% a21%
Company
Detroit Stock Exchange
Brown,
1.75
Feb
Chain Stores Co, Ltd————*
Southern
Baldwin Rubber common—.—
Sep
May
.30
NeWr York Curb Associate
Range
Sep
Sep
90c
7c
...
Company
New York Stock Exchange
8TOCKS-
17%
4,965
25c
Southern Calif Edison Co Ltd——.—25
Week's
22%
Jan
500
common...—.
Sontag
Friday
Last.;'''.,
Jan
Jun
11,600
~5% •'
Signal Oil Ac Gas Co class A—.
Detroit Stock Exchange
30c
.
7c
com——
Co
Feb
Jim
15%
'
Oil«Corp
Aeronautical
35c
24c
;
Jan
11%
1,400
,
75c
a45
Richfield
Jan
10
Aug
30c
-25
common—
Aug
4b
6
7c
5%.%\. preferred, :.i^ —50
Rice Ranch Oil Company—.—
Security
Telephono: Randolph 5530
24c
Jan
16% July
,
30c
-10
—
92%
Jan
30c
-.1
common
Service Co
preferred
Republic
75c
Feb
May
157
1.65
—1
i———
Lighting Corp
.1st
1.50
1.55
■
53
430
17%
-.1
Apr
Jun
14% Aug
60c
Oct
22%
17 %
Jun
1%
150
50c
22%
-.10
Co——
Pacific
:'V.
50C
...1:
common.——. ..25
1st preferred
Pacific
.10 c
Oct
49%
8%
1,000
13%,
15%
Jan
72%
,
500
15c
Jan
47
100
13%
Sep
10
200
-x-l
Sinclair Oil Corporation.———————
DETROIT
'
4
-10c
Safeway Stores Inc
Ford Building
42
38%
900
14
.4
14
Corp.—
Ryan
Members
Feb
165
85
75
85
...1
.
Watling, Lerciien &■ Co.
49 Va
-10c
6%
38%
a51%
a38% a39 %
Jan
Jun
38 %
3.
Company .1—
Lincoln Petroleum Company—
Lockheed Aircraft Corp
Los Angeies Investment Co
Menasco Mfg Co—
Mt Diablo Oil, Mng & Dev Co
Nordon Corp, 'Ltd.-u..—
;v:-r
a51
14%
65 %
,1..
a47% a47%
49%
July
Jan
Jan
'
al4% a 14%
;
*
9%
50
Lane-Wells
Pacific Gas
General Electric common——.
Industrial
Jan
2%
Feb
Firestone Tire &, Rubber com
Co
19%
33% Apr
Oct
Jan
65
July
49 %
41%
490
52%
1,420
1,044
Jade Oil 'Co..
*
.
11% July
44 %
<•
15% Jan
93
•■■■
25%
38%
42%
170
2%
2%
25%
Jan
'561
19%
38%
-50
_——
32%
25
a46% a46%-
Oct
Jah
13%
62
41%
Hudson Motor Car Co.——.
Oct
13%
10
'41%
41%
18
11% May
308
a8%
41%
—*■
•
13%
50
18
13%
Electric
Richman
25
18
——i,
Patterson-Sargent
,
common.,
Hupp Motor Car Corp
Reliance
12%
62
Holly Development Co...
Oct
2% Aug
Apr
a495
61%
1
Motors
Hancock Oil Co A
15% Nov
Mar
110
1,480
■:
>
Television & Radio-
a495
Corp common.— -10
General Paint Corp pfd—
Gladding, McBean & Co.———
Goodyear Tire & Rubber Co com.
Nov
22
Jan
:
4%
15%
new—
,
22
23 Ms
Cement
Metropolitan Paving Brick common—*
National
'' 7
.
22
Electric'.
Leland
•
Merchants Nat'l Bank. .100
-•5%,
380
14%' 14%
*
;
Sessions— —r.;.———
Larason. &
Jan
20%
764
a24% a24%
24%
.
'
Farmei-s &
27% July
'
13%
Sep
4%
Jan
American Tel & Tel Co
...
36%
Jan
2.97
24%
Jan
a26% a27%
a27
•'
-
'•
■
Borg-Warner Corp
7% Julv
Caterpillar
9.740
6%
NoV
4,040
1%
Feb
7
Aug
Columbia Gas & Electric Corp.....
Commonwealth Edison Co
Apr
1%
NOV
Commonwealth
100
;; 1%
96c
19 V4
Feb
67/a July
Jan
45%
Sep
66 Va
July
50
30
36% May.;
39 V4
10
34%
410
57%
16%
10O
a33% a33 %
a38% a38%
'
-
'.--.n
f
7-25
:
'
4%
%
'
—
7%
8%
1
Oct
33 y4 July
Oct.
Jan
12% July
20
45 %
Jan
52
Jun
4%
Feb
5
Feb
86
25%
Apr
400
4%1
16%
100
; %
Feb
5%
Jan
370
10%
8%
a28%a28%
:"
•
To%
'
.
a47% a48 %
■4%:
July
Apr
13% May
30
Mar
45
63
a48%
at
& Southern Corp..
Continental Motors Corp
j.
140
45
7Lir
Railway Co._„._ ..25
Tractor
Cb
Jan
23
5% Aug
23% Aug
70
3% May
63
Oct
Jan
146
16%
i..5: :V
3 %
Jan
5
——'
—15
4%
56
5%
63
Canadian Pacific
■
Apr
200
23
nn.'
'
1
..
Airplane Company.
Borden ■ Co.;-—..1-^.—
-
5
66
5%
V
.l/'-f,—'
—5':
Boeing
150
66
LmJ.
1
5
Corp
163% Aug
28
July
5
—.5
—3,
Corporation ___.i—
Baldwin Locomotive Works vtc— —13
Aviation
127/8 Aug
*43% July
Feb
156%
Aviation
Bendix
Jan
20
339
^.50
A T & S F Ry Co...—. .100
Bethlehem Steel Corp.—.——
9
a39% a39%
al63%al64%
•
.100
Armour & Company, (111)..—
20
all% all%
a39%
al63%
*
:
425
8%
28%
Oct
1'/a July
8% Oct
.
'
Ball & Bearing; common.—10
Mfg ,Commbn ————-.^2%
Hoover
Hoskins
Lock
Hurd
& Mfg
1
common—
Kinsol
Drug common
1
Lakey Foundry & Mach com———1
21%
1%
Michigan Die Casting common—
.-1
Michigan Sugar commbn.—.——*
Micromatic Hone ———i———.l'/5
Murray Corp common.—.———10
Chemical
Packard
Parke,
Go
Motor
Davis
Peninsular
■
19
Jah
21%
Oct
12
Feb
14
Jun
50c
Jan
1% Oct
57c
May
2.585
1,300
1%
3%.
3%
100
2% -Jan
1
Aug
3% Aug
1%'.:
1%
320
1%
1% July
LOO
88c
30c
3%'
.
:
14%
•
1;850
24c
36c
Feb
Jan
4
Oct
1%
1.000
450
5
Jan
14% Aug
2% Mar
4% July
3%
400
"5%
1.607
3%
30%
266
26%
2%
2%
1.175
1%
Feb
3%
4
4
3%
2%
Oct
100
3%
1'
Pr common
15
Jan
5%
1
5%
1% Oct
May
■
9
30%
•
,—
(<H W)
common—
——
River Raisin. Paper common—(
4
Sheller
Mfg common—
Simplicity Pattern common
13%
..1
—
-
Feb
6%
Aug
31% Aug
2% Aug
Apr
6%
Jan
3%
Jan
13%
120
9%
Apr
6%
13%
6
3-
1.295
3%
Jan
3%
300
2% Mar
.3%
500
2%
1
■
„
"
Tivoli Brewing common———--.„1
3
1.125
•
'
'
100
•
.10
Scotten-Dilion common
•
1%
3%
•
Udylite common
Union
Invest
-l
—...———
6
3% Aug
4% July
•
13%
Oct
€%
Universal
Products
1.750
6
2%
Jan
100
4%
200
1%
Jan
9
Walker■ & Co class' B—-—
6
Jun
' 4V«
27%
27%
Common——.
6%
4%
Universal Cooler class ,11——-..—
100
27%
■
Aircraft • common.—-—-—. .u
Wayne Screw Products common.—.. -4
1%
5%
Interiake
Iron
llli
tf
Int'l
Corp
100
9
25 V* Aug
6
Feb
July
6%
■
Oct
4% Aug
27 % Nov
9
400
1%
5%
Week's
200
Aircraft "Accessories Corp
Bandini Petroleum Company-
98c
3%
Jan
Jan
2
Aug
5%
Oct
Copper Corp
Libby, McNeill & Libby.—
Loew's Inc
NeW
York
^1'
>.v,:
.
—
Investment
Fg^ footnotes
see
Corp.j.—
page
1999,
6%
6%
4%
1,000
17%
17%
370
2.50
600
4
—100
a27
65
a27
65
65
20%
Jun
6%
4
Apr
5
Oct
Nov
Feb
39%
'
Oct
43 % July
Mar
43
July
53
Feb
Jun
1,300
1%
45
28 %
J an
50
6%
Jan
30
6
25%
Apr
31%
12
Jan
19% Aug
30%
Feb
<■
6%
Apr
Central
—*
Packard
Motor
Car
7% Aug
36% July :
Range since January 1
*
200
50
270-
Jan
3% July
12%
1.80
21
25%
45
Jan
Jan
High
8
Oct
6%
Ffeb
177'8
Oct
2.50 July
Apr
22%
Jun
Feb
30%
Jun
Jan
25
34%
219
7%
550
9% July
Jun
35
.
8% July
65% Aug
23
Jan
25
60
;
65% Aug
25% Sep
394
42
Apr
51% Sep
18%
18 »/2
18%
375
15%
Jan
11%
11%,
346
7%
Jun
21% July
11% Nov
18%
18%
18%
270
16'/2
Jan
19% Aug
5%
5%
420
3%
Jan
a30% a30%
■
■
—10
.
Oct
■
170
26%
Jan
6% 'Aug
30% Jun
a50%a53%
a53%
•
Inc.— nil
•
Co—.
Pennsylvania Railroad Co......... nso
—25
Phelps Dodge Corp.
Pullman Incorporated
"
Company.......
Radio Corp of America
Republic Steel corp.*—
90
a22Va a23
n
a45%a457/a
15% 15%
a45%
_u
Pure Oil
' May
15% Feb
41
163
8%
10%
205
18%
18%
165
21
100
21
18
Apr
-
Mar
12
16% Apr
21
—*.■
2414 July
50% July
20% Feb
101
'
10%
„
Sears, Roebuck U Co...
Bocony-Vacuum Oil Co,
Railway
Brands,
&
a99%
......
Ills
II25
—
July
21% July
—
73;
May
United
22%
Jan
29 Vi
Apr
Sep
339
a54% a55%
al0% alO%
60
••
__25
•'
47%
'
—*
32
.
245
alO%
.
—
—
a30V4 a30V4
47
,
47 Va.
..
2
27%
45%
370
33% May
125
15 y4
15%
Jan"
Sep
,
13% Jan
al09%ai09%
25
108 %
a33%
a3l% a33%
115
22%
May
Apr
Aircraft Corp.—...————5
a31%
a3iy8 a31%
150
2fi%
Jun
Air
Lines
Company—100
Transport—^
a43'V»
Westinghouse Elec & Mfg Co
Willys-Overland Motors Inc
Woolworth Company (F W)
*
50
_1
.—10
1% May
a57%, a58%
222
50% May
a42% a43%
271
alQ4%al04%
a58%
Union Tel Co class A
Western
50
10
al%
United Corporation (Del)—.——V
United States Steel Corp
—
—* '
14%
a43%
al%.
15
a42% a435'8
380
90
Feb
10%
Jun
-
Jun
$1% Feb
49 % Ovtig.
July '
16% July
37
108% May
34
31%
2
62 Va
Aug
Oct
July
July
42%
FOb
52% July
93
Feb
99 Va
6% Feb
37
Jan
•
35% May
o% May
380
a34% a35V4
34y4
53% Mar
,-5
Union Pacific Railroad
United
150
1
'241/a
97% July
,141% July
28
July
31% July
Feb
152
27%
12
.
88% Mar
a55%
25
Company—^.-.,.-.—- 1125
_2'.;,—
'Co__——
131
12%
a28% a2'87/a
33% 33 V„
a28%
Inc...
Webster,
12%
rW
Oct
220
a97%al00
27%
.
«
Co
Inc.—
(Ind)—
Company
Texas "Gulf Sulphur
2
;
a64% a64%
»
RR.,
American Aviation,
North American Company
a30% a30%
al6% a 16%
a28V8 a28 Va
II18
.
a9
7%
I™7
:
North
Swfft &
Low
a2l% a21%
...
Central
Shares
2.45
-
jb.
Diamond Corporation—.—. —1—2.
Byron Jackson Co
California Packing Corp com..
Blue
Apr
4%
70
34%
'
Tide Water Associated Oil Co..—niio
High
4%
.
5%
a9
—
Texas
Sales
;
1;
;
...
McKesson i& Bobbins, Inc
Southern
for Week
of Prices
LoW
.
-50c
'■
Barker Bros Corp common
;
Range
Sale Price
40% May
16
Oct
Angeles Stock Exchange
Par
35%
182
a40l/4 a41%
...
Kennccott
Stone
8TOCKS—
6
:.
■■
a30%
\
Tel & Tel Corp.—
Standard Oil Co tN J).
Last
905
41
a49% a50%
„'5t"
Int'l Nickel Co of Canada.—......
Standard Oil Co
'Friday
39%
41
n.',
.
—...
Graham-Paige Motors Corp
Great Northern Ry Co pfd
Standard
Los
20
38%
38%
*
Corp..—
Goodrich (BP)' Co
Seaboard Oil Co of Del
Warner
772
4%
NOV
3% July
3% July
.
Jan
614
—:
common—
6%
4%
—
,
25
6%
6%
""
Montgomery Ward & CO, Inc.
Rickel
a20% a20%
7Ii
Co../..!.
General Electric-
Foods
r
_
Corp....
;
13
13
Jan
Jan
1%
65c
14%
1%
14%
1,917
3%
'•
Crown Zellerbach Corp
Curtiss-Wright Corp
Electric Power & Light
General
33c
*
3%
'
commbn———i.—1
Car common—
common
Mtl
1%
;
99c
McClanahan Oil common——————i
Park
13
—1
Masco Screw Products common
708
165
21%
13
13
Jun
19% July
dO I/,
& HVT
Monday, November 6, 1944
CHRONICLE
THE COMMERCIAL & FINANCIAL
1996
OTHER STOCK EXCHANGES
RANGE
FpR WEEK ENDING NOVEMBER 3
Last
Philadelphia Stock Exchange
Lmo
Par
Locomotive Works v tc
(E G) Mlg Co common-
Baldwin
Budd
Corp
preference
Corp
Philco
Co
Reading
common—
preferred
preferred
1st
2nd
Paper
Oil
—
——
common
A
preferred
$3
51%
Feb
66
Feb
4
Jan
Apr
4%
72
4%' Sep
127
5%
Apr
7«/4
1,171
4%
Jan
5%
Gas
_
1,764
30%
common
~7
1
.
65c
May
4c
2,000
2c
4,510
3%
Jan
7%
34%
35
28
•
•
1.00
Jan
6%
■M
Steel——
•
Brake
Air
28
~
:
10c
Jun
Jun
July
7% Sep
261
28 %
30% May
35 Va
Oct
183
,
"
21%
28%
Oct
Apr
St. Louis Listed and Unlisted Securities
Oct
Edward D. Jones & Co.
Established
;
31% Julv
North
300
4th
60
■.161% May
190
Oct
18% May
22
Jan
>
New York Stock Exchange
924
26%
1871
St., St. Loui* 2, Missouri
Members
3,759
;
20%
25%
12%
Jan
26
4,068
184%
19%
117%. 118%
29%
546
33%
110
16%
23%
11
28%
30
116
26'A
Jan
25%
16
Oct
34%
Oct
20
*
CEntral 7600
Chicago Bourd of Trade
Chicago Stock Exch.
Associate Member Chicago Mercantile Exchange
New York Curb Exchange Associate
3678 July
Jan
Jan
Phone
St. Louis Stock Exchange
Oct
Feb
120
Aug
28%
Bell Teletype SL
393
Mar
38%
60
32%
Jan
38%
Oct
32 Ve
32%
210
27%
Jan
32 %
Nov
100
9
8% Aug
SI. Louis Stock
10'/4 July
43%
45%
148
38%
Jan
45 Va
Nov
63%
63%
281
53 ',b
Jun
68%
Sep
Friday
Last
29%
9
35 %
0
1 i;
250
1%
1%
632
1%
500
'A
-
,
--
%
Sep
1%
Mar
1
Jun
2
.
38%
Apr
12%
3,243
11%
Oct
Bank
20'/a
238
12 %
Oct
27
Equipt
common
3
Columbia
Brewing
Sales
for Week
Range
Shares
of Prices
Range since January
3%
8%
2% Mar
Nov
July
3%
100
6%
7
150
25 %
25 Va
26
110
23
Feb
27
__5
common
13%
13%
13%
210
11%
Jan
13%
3%
5%
1.
High
Low
High
_10
—1
—
Electric Co——
Bottling common
Coca-Cola
15% July
26%
Bldg
Exchange
Week's
Low
15% July
19%
Par
Century
Oct
11%
Sale Price
-
•
Jan
1% Julv
Jan
31%
STOCKS—
35% July
Apr
%
....
1,495
371/4. 38
37%
12%
800
4c
__
Jun
35%
Improvement-——13ya
10
Westmoreland Coal
——20
&
Alloys
Westingbouse
Oct
5% :
9
United Gas
Oil
__
__
6%
Feb
4%
6
95c
7% Mar
7%
100
.
—
/
95
105
6
Jan
2" July
3%
29%
45'/a
03%
5%
15% July
Jun
121
Sep
5%
' <•
Nov
Jan
90c
Mining-
Aug
8%
62%
12%
—-
—-
Tov
July
3
50
117% 118%
O
Bolt Corp
Co
Vanadium
Sep
38%
*
1
common
San
Oct
11
6%
32'A
25
Preferred
1,361
1%
Transit Invest Corp common——
United Corp
47V
62%
16%
—*
—~*
25
Apr
40%
1,728.,
94%
Jan
Mar
4%
Tacony-Palmyra
Class
39 Va
Aug
51
12%
'
.
16% Aug
301
5
3%
•
.
Bridgeparticipating
13% May
44%
78%
11%
28%
;
——
16
43%
32%
—
————1
Oil Corp
Salt Dome
Scott
Sun
—
—
80
60%
20
26
—100
20
-~-3
50
—50
50
pfd——
Pow 8%
Phuii Llec
54 V8
184
*
common——
—*
preferred
4.40'A
577
__
Manufacturing
—50
Philadelphia Electric Co common—,,—*
$1
80
9%
2
Feb
0
12% July
Jan
15%
1
Salt
Penna
Renner
Sep
537/e
>- ■
^/2
30 >/a
50
Pennsylvania RR-—-
5%
Pittsburgh Screw &
Oct
24
Apr
,
Jan
41
260
15%
.
50c
410
•
50
15%
Low
,
1%
50
-
15%
Pittsburgh Plate Glass
19% July
164%
Jan
51
Pittsburgh Forgings
Shamrock
11/a
-1
--
Jan
90%
--
*
.
■
9%
62 V*
1°
Power & Light
Pennroad
10
15%
43/a
Co—
1
Lehigh Coal & Navigation—
4
Lehigh Valley RR
—50
National
10%
115
■
Engine
Aircraft
Jacobs
18
High
7-1%
preferred-
Brewing
*
•
Low
Range Since January 1
Shares
i
'
*
Corp,
Fireproofing
Pittsburgh
High
89 %
*
,
Motors——
General
156
95
10'A
13%
Light (wd)
Storage Battery
Electric
118
765
22 %
--
Delaware Power &
14%
17%
23%
22%
—
preferred
Prior
^3
5
Chrysler Corp
Curtis Pub Co common
Low
High
17%
<-100
13
0
Tel & Tel.
Range since January 1
163% 164%
American Stores
American
National
Shares
of Prices
Sale Price
STOCKS—
for Week
Range
Last
■
'
...
for Week
Range
of Prices
Par
Sales
Week's
Friday
Sales
Week's
Friday
Sale Price
STOCKS—
Jun
Aug
—
Oct
Nov
__
—
204
22 %
Feb
Elder
Manufacturing class A__
Griesedieek-West Brewing common
28% July
100
95
95
35
75
Jan
95
*
34
36
115
28
Feb
36
Hussman-Ligonier common——
Westmoreland Inc
—*
Jan
11% Aug
Hydraulic
Brick common—100
Pressed
Preferred
8TOCKS—
•—
Co
Blaw-Knox
Devonian Oil
———
Apr
6%
Sep
3%
Jun
191
20
16%
Jan '
11% July
18%
17%
110
75
110
15%
101
17
10%
501
7%
Jun
10%
8%
344
6%
Jan
8%
CANADIAN
13%
175
11
Apr
13%
Nov
6%
6%
150
5
Jun
6%
Nov
St
Apr
12% May
21
21
50
15
Jun
21% Aug
39
39
50
32
Jan
44
Mar
Jan
Metals common
*
—*
Steel
common
Loto
Par
Abitibi Power ft Power
6%
preferred
7°/o
preferred
Gas & Oil
Acme
■——
—-
L
ENDING
Serv
Pub
25-yr
inc.—1964
conv
Aldermac
Copper
Ltd
Aluminium
--—
Sale Price
common.—
...1
Gold
————;—
97
99%
69c
7.40
90c
90c
90c
20c
'
17c
20c"
,„1
26c
30c
5c
—
5%c
43c
37c
43c
104
105
1
80c
79c
83c
3.65
3.75
————
Aug
Canada
May
Canada
Class
Northern
Packers
33c
July
Canada
July
Canada
99
Jan
76c
Bagamac Mines
—————...
—
Bank
of
Nova
Scotia
-10
new
-10
Bank of Toronto new—
Base
8.05 July
Canadian
Bakeries
1.18 Aug
Canadian
Bank
34 %c July
Canadian
Breweries
27c
Oct
Jan
18'Ac
Apr
58c
Mar
9c
Jar>
Preferred
1st
Hats
Biltmore
Blue
Bobjo
**<%*
Mines
Gold
Bnnetwi.
British
American
Columbia
British
Dominion
Broulan
_i—i
Ltd
Cordage
Jan
14,850
17c
i'.
17c
'V
7,900
921
Oil
Power class A.
•
*
Oil
Ltd- IIIIIIl
Porcupine Mines.
1.31
21'2
151
Sep
7
2.45
Jan"
Jan
31
Apr
Castle
July
163
Nov
8.50 July
60c
May
9% May
Gold
Cariboo
Ankerite
Mines—.
•
Buffalo
Canadian Gold Muies...
Bunker
Products
Hill
Burlington
Gold
Ltd
For footnotes
1
see
page
Feb
96
Jun*
14%
7%
43%
960
14%
7%'
1,495
265
43%
14%
15%
Sep
Jan
5
40%
Sep
8% Mar
Jan
45
Mar
15%
15%
55
24
23%
24
330
22% Jan
24'A Aug
16%
17%
390
12
18
10%
145
Apr
10% Julv
27
<155
24%
Jan
28
43
30
35%
Jan
45
Jun
Jan
8%
v
16%
Jan
Sep
Julv
*
22c
8%
7
43%
26%
42
50
67c
70c
4,800
140
5
11%
12 %
4,404
_*
21
21
-—1
2.00
2.00
25
Rv
__
r -
11%
8
21
60c
Jan
85c
Apr
Mar
July
Feb
144
Aug
10%
Jan
14
Julv
10
17%
Oct
22
Sep
100
1.50
Jun
90c '
Feb
1.62
Jan
133
,
2.30 Sep
17c
48c
Mar
33c
2,300
3,180
1,15
Sep
1.72
Feb
40
1.25
Nov
2.00
July
1
2.85
2.80
2.90
13,250
1.57
Jun
3.30
12
12%
180
11%
Jan
14
44c
51c
15%'c
Jan
51c
Nov
7
Sep
1.15
Jun
1.80
Willans
Gold
Mines—
Co
30c
•
Lake
—1
50c
Conduits National Co ———1.
Feb
Mar
6%
6%
149,782
1,125
—5
1.53
1.53
10O
Mines
Coniagas
17%C Aug
Aor
14%
May
1.36
Coin
28 %c
21c
1.25
Cockshutt Plow
17c
Aug
2.50 Jun
8%c Jan
1.25
Oct
«%c Mar
1.26
1,600
1.28
Jan
10
145
2,750
1.25
10
50
1.05
2.22
1.32
Mining
67c
Jan
1.05
2.15
13 %c 13 %C-
4
Research
Jun
July
1.05
2.20
Chromium
Nov
■
—1
—1
Mines
Gold
1
Corp—1
Chemical
1.50 July
Aug
Sep
Oct
26%
13 %c
—,——
Mines—
Coniaurum
Consolidated
"
a
-
14%
14
25%
Apt
26.1'3 Oct
Consumers Gas
21
1,515
'20
Sep
24% Jun
Conwest
22'A
23
890
21
Mar
2 3'A -Sep
Cosmos
19 'A
19
19%
465
19
Oct
24%
61c
73c
106,'175
61c
Oct
1.40
May
78c
76c
80c
11,100
70c
Mar
May
Sep
July
Oct
1.46
1.48
2,500
1.33
Jun
2.20 July
15
100
14%
Jan
16
51
51%
Julv
55% July
Aug
Jan
70C
5
Jan
15
1.47
—•
Bakeries
26'A
1,580
11%
Jan
5.30
505
3.55
Jan
5%c
23,000
5%c
Sep
18%
18%
355
.15%
Jar.
3%c
3%C
5,885
3"
Sep
10%
10'A'
8%
Jun
5.25
5.25
.
3%C
1999
91
Chesterville Larder Lake Gold Mines—1
11.00 July
20
Patricia
14'A
»
...
10
140
Central Porcupine Mines—
20%
-
Extension—
Steel
95
7%
65
Tretlieway
Central
26%
»
Building
14%
——100
Quartz Mi nes_
93c
Consolidated
Mining
,
5c
120
Jan
5c
Jan
July..
4
:
•
49
Seagrams
——1
—
10
21
May
235
5
Jun
7
24
7'
7
49
Mines
Dominion
Ltd
Bank
new
—
—
2.84 July
24%
Sep
Oct
38
42
Jan
50
1,128
12c
Oct
18c
Julv
95c
3'sC
50
1.03
7,600
70c
Jan
1.12
3c
3%c
2,500
2'AC Aug
July
May
885
33'A Mar
5c
42
Oct
Mar
37 "4
36
37%
24%
*
common
Oct
3,700
24%
25
1,132
;24%
Oct
31% July
18%
18%
19
875
17%
Oct
19%
•
Dome
141
Jan
; 90c
76
1.15
12 %c 12 %c
4
—_1
Nickle Mines
Distillers
—
7
38% Jan
128
140
1.00
23%
,—50
—
962
139%
lis
_4
-
Mines
Denison
51 %
*
Petroleum
Delnlte
July
_5
^100
Imperial Mills
Preferred
9% Jan
It
Smelting
Dairy Corp common
6.20 July
21
&
(Toronto)
Exploration
Davies
Buffalo
Sep
95
Aug
2.89 July
23
Light &
95
70c
preferred
20%
143%
Pwr com—'•
70-
9%
Canadian. Locomotive
24'Ac Julv
Jan'
13 %c
40
Oct
July
36c
1—25
pfd
Brazilian Traction
British
1
Jan
65
71
10c
60
31%
20
66%
3,900
100
100
69
12% Mar
9% Jan
65
30,345.
8
37
145
Jun
Canadian Wirebound Boxes
46%
36
74
222
61
Sep
8
Sep
65
36
■..
;
Mar
27%
46%
165VA
165
10 VA
44
Products
Oct
12 %c 13%c
Oct
Jan
163
10%
165
'
95
,13c
.
13Va
34
.
49
1.57
—
Nov
49
12c
7711750
—
Mines
Mines,
Bralorne
Brantford
common——
—-—-—-
Oct
—4
Food
26
—-—
Corp
Ribbon
Preferred
8% July
Oct
Oct
■
11%
July
135
25
5 %
32
20
27
•7 .20,800
165
Jun
Pacific
10
60
...
15
Canadian
10
A '.. 5
5%
234
Oct
25'Ac 26'Ac
13%
17%
1.45
26'Ac
33
11%
Oct
17
30
*
5%
32%
11%
43%
Dredge ————*
Cochenour
1
•
Aug
42%
25
eomniort
Sep
45
-
Apr
53
32'A
Foundry common
_
26
500
—
37
Jan
350
Canadian
&
Car
preferred
35
1,720
Kirkland Gold
Bldgood
Mar
:
4.40 July
New
29%
20
.33
49'A
15%
Malartic
20
5
35
49
Jan
Canadian
Aug
Oils
—5
116
Celanese
%c Aug
Canadian
5
—————
May
Canadian
3.20
233
& Sons
Bertram
103
1,04 May
Canadian
1.00
15
Apr
Feb
9.10
115
Jan
28c
Sep
1.00
60
71
May
9.00
Al'g
9'% July
8%
107
18%
—l
7
6VA
8%
Oct
24c
163
July
4% May
May
Sep
23c
1.57
100
.
25c
18c
37C
Oct
29%
6
High
2.24 Mar
1.70 Jun
16%
Oct
160
Range Since January 1
Low
500
43%
20
Oct
1.49
————*
-10
»
—
15%
Quebec Mines——— —l
Belleterre
__
preferred
10C
29%
Berens River Mines
new
100
common
preferred
Conv
10%C
161
Shares
21c
9
—
270
1.57
■
•,
common
—:
Canners
Canadian
31 %c July
Commerce
—
2,300
29%
*
Beatty Brothers Class A_
__
Bell Telephone of Canada——.— Lioo
Oct
103%
13c
—
Exploration & Radium— -Ill'
1
Beattie Gold Mines Ltd—1——Bear
A—.
preferred-—,
Jan
1.55
*.
Mining
Metals
Class
Cable
&
2.100
'
72%
60% May
for Week
5%
—50
—
Wire
Canada
12c
27
Oct
Jun
16%
27
Oct
Mar
Sales
Week's
Range
of Prices
35
«
29%
12c
Montreal new.—— ..10-
$28,900
21c
49'% '
-3;
16'A
1
of
71%
1,400
'
—.
A
ll'/4c
ll%c ll%c
.„1
r—
Bank
35
6
"
■ •
■
Permanent Mortgage- _100
,•
Steamship Lines common.
Canadian
Bankfield Cons Mines
Power
class
■——
Preferred
101>A July
•
Jan
21c
0
B
4%C
1,750
—
.
Oct
Jan
35
31
1.75
:
Malting A——————_.
May
8 V2C
34%
440
High
«
Foundry B
Canada
7c
24,200
1
Canada
Sep
13
Feb
13%
1.70
;
17c
20
—_
.
1.79 Mar
Sep
Jan
■
14c
/
12
Feb
LOW
.
—
55c
116,200
104
115.
Jan
5.75 May
14,000
.100
Jan
Oct
96
22,000
1,000
2,500
18c 19'Ac
26c
:
—.
51
84
58 %c
2,749
500
1,000
9c 10'Ac
10'Ac
Apr
Apr
8% Mar
290
3,500
7.00
7c
1.10
490
99
.—1
—
preferred
Aumaque Gold Mines
Ault & Wiborg
Mines
94%"
7.40
.—1
Aubelle Mines Ltd
Gold
760
67 %c
69c
.—1
Mining—
Astoria Quebec Mmes
Aunor
5,783
12
99%
*
I
Mines—.—
Gold
19c
12
96%
—
pfd. .100
4
Armistice
1.55
58
12
Jan
9
115
Cement common
Preferred
4% July
Apr
Sep
9 fa
1.71
•X
Bread common,—
Canada
High
15c
1.44
1.52
Huronian Ltd >————
1
Aquarius Gold Mines *•_——
—1
Area Gold Mines Ltd.
—.
Ashley
8c
18c
-111
Anglo
Gold
112
12
Anglo Canadian Oil
Arjon
112
.
__
—
—
of Canada 5%
Co.
Aluminum
27
■
Steel common—
Algoma
550
6,290
80
100
800
8c
& Gas—
2%
*'
3%
49%
9%
118
MARKETS
Canada
Range since January 1
8c
47%
110
105
13%
NOVEMBER 3
——
3%
.100
.100
Ajax Oil
Sales
47%
common—
10
71%
34%
Calgary & Edmonton Corp Ltd—.
"TIi
Calmont Oils Ltd
High
Nov
11%
9%
13
Last
Lotr
23% Oct
17
13
10
STOCKS—
Shares
10
11%
*
—1
—10
15
;
common—
Baer
LISTED
WEEK
FOR
f«r Week
of Prices
Sale Price
July
Apr
16
220
m
STOCKS—
17
13
100
17
Par
Week's
Sep
13%
6%
15%
Exchange
Rauge
43
23%
Canadian Funds
Las*
Jan
13%
Friday
Friday
21%
35%
BONDS—
Oct
Toronto Stock
Jan
155
16%
Candy
Oct
8%
RANGE
7
42%
Oct
110
Jan
10%
10%
600
15%
Aluminum common
& Fuller common
Wagner Electric common
20% July
Apr
930
21%
23%
Sterling
20%. Aug
Nov
2%
19%
100
Bearing
Scullin
4%. Oct
'
Nov
4
common—
National
29% July
'
2 %
—0
common——
_
National
Stix,
1°
10
Fuel Supply-
4%
24%
50
11
19 3A
100
Koppers Co preferred—
Star Gas——
35
377
28%
4%
0
Lone
Mountain
Range since January 1
Low
High
High
10%
4%
*
--1Q
Electric common
Walker Refractories—
Harbison
Missouri
28 %
11
—
—
Gas &
Midwest
Shares
Low
Ludlum Steel—--——
Allegheny
Columbia
for Week
of Prices
Par
-
Sales
Range
Last
Oct
Apr
Piping & Supply common
4
Portland Cement common—25
Steel
Laclede
Week's
Friday
Sale Price
Shoe
Johnson-S-S
6%
45c
42%
21%
—0
Key Co common
100
9%
2%
_100
—
International Shoe common
Pittsburgh Stock Exchange
9%
10
Sep
THE COMMERCIAL &
Number 4331
Volume 160
LISTED MARKETS
CANADIAN
RANGE
Week's
Last
Range
of Prices
Shares
Dominion
785
21%
Apr
15
Sep
15
7%
12 Vs
1,590
372
13%
7%
24
——25
Stores
12
12
——
.Crest
Qil_
18c
17 %c
18c
1,800
13c
7%cl3%c
544,810
n
Eastern Malartic Mines—,*——
2.30
10,775
42c
45c
East Sullivan Mines——-*—4.-—
*
English Electric class B
*—__*i—
4.55
4.60
32%
32%
37%
2%
2%
550
65
62%
65
215
25%
25
Ixoo
———
27
Power
75
15 V4
5.00
2,650
10
140
87
87%
90
84
Jan
92%
92%
20
91
Oct
151/a
30
11% Feb
17%
103
30
100% Aug
103 %
Sep
.100
1
7.35
7.25
8.00
11 %c
10 %c
12C
Gold
Mines
Gold
» '
Gold
Eagle Mines*———
Gate .Mining-.
*
Mining
Co
10,600
3%p Feb
5,775
16 'Ac May
43c
38c
Jun
10c
;Goodyefer Tire & Rubber common
Preferred
!—*—
50
55
5,550 ;
l%c July
55%
25 *
,
7c
84% ,Feb
...
Credit
Peoples
9%c
"
vtc—
Great Lakes Paper com
9%c
5
5
.
Pioneer
Jan
51%
100
22%
23c
10,500
8%
8 'A
Alabastine*
Gypsum .Lime
*i
—
3c
Hallnor Mines
1
Hamilton
Bridge—'
Hamilton
3.45
*
*——*,
5%
Oil—*:—.
Erie
&
2,600
24 %c
6%
38c
I,027
36c
59c
10,000
55c
11 %c
12c
1,500
17%
56c
9 :
10%
10%
_•
2.80
2.85
2,520
33%
34c
II,300
30%
10
2,061
2.80
*-**1
.
Jun
75c
Feb
64c
Sep
15
10c
10c
Mines——1
6%c
,1
0
38c
13
Apr
42c
26% Mar
32
11
Mar
21
12
Jan:
84%
A
13%
2,526
12
12%
710
10%
Jan
7%
8
255
6%
Jan
{'9
54 %c
Feb
70c
71c
1,200
21 %
360
104
104
10
International Nickel Co common——*
32%
32%
33%
21%
21 %
21%
Mountain
Island
Jack
>
65c
May
9c
500
5c
Feb
28c
33c
1,437
23c
Jail
41c
6c
6c
6c
■V" 700
V2C Jun
8c
4
3%c
3%c
3%C
4,000
11'A
10%
11%.
8,305
68c
70c
1,000
30c
Apr
1.04
1:02
1.04
3,100
90c
Jan
2.45
2.15
—1
1.70
1.48
1.74
17
17%
25 %
Kirkland
Hudson
Kirkland
Lake
Bay
————;
Lake Dufault Mines Ltd..——
Lake
Lake of Woods
Gold
Lamaque
Ltd*
Mines,
Shore
Milling common—
Mines
10
,220
21,000
..25c
1.08
1,00
1.08
11,160
75c
Jan
12 %c
20c
/ 12,760
5%c
5%c
32
33
13c
13c
14c
1
39c
36c
39c
14%
14%
15
1,390
a
—*
*
& 'Sons Ltd
Lapa
Cadillac Gold
.
/-■■:,,.;-50
22%
Jan
27
6.20
125
15%
50
10c
2,500
9 %C
15%
16
31/4C
5.70
Little Long Lac Gold Mines Ltd—*
Loblaw Groceterias class A———*
20%
26%
251/4
25
25%
Lake
Red
Madsen
Gold
Malartic
Apr
1.60
Feb
26
Oct
76c
21,900
3.75
3.95
8,605
3.40
2.58
2;66
2.25
*
—- -—
1—20
—
.
/
'
• ■
3c
3%c
13
Apr
3.95
2.00Q
3.40
37 %c
39c
11,933
5c
5%c
9,000
1.05
1.08
3.99
——
Mclntyre Porcupine
Red
McKenzie
Gold
McWatters
Mines
Mining Corp
Model
Oils
.Morieta
,
Moore
——
Corp
Oct
9%
Jun
21%
21%
21%
200
19%
Jan
7
7
7
821
6%
Apr
.13
'
■r
60
*_
60%
14
622
10
172
Dairies
/14
common-
——.u———
23,500
13 %C 14%C
14c
—1
20%C
20C
/ 7,550
:■
7c
3,300
21C
•
12c
20C
Sep
13
,
17c
19%
88%
88 %
53c
*
60c-
19%
58 C
Power—*
15 %c Sep 'ij
r-115". ;v'AprV«V"
60
■
pi.'i,i',' v.
95
-
12,790 1
-
19%58%-
463
58
57
100
230
230
*230-
20c
20C
12%
12 b/b
'-■>-
2,000
*_1
•
j
Grocers. Co
National
Petroleum
—25c
National Steel Car*.
!'.Negus. Mines,
Nipissing Mines
Normetal
1
'
'
—•
*_l!
.
';
B
Minintr
Corp
tNorthern Cane da Mines
Ltd
c
1.15
2.25
56
Malartic
Apr
-Oct *•'
9%. Jan
8c
56%
'v'
.
Star
Oil
End
Northland
27
t)
15
8% Apr
Sep
July
Sep
Oct
10
42'/4
205
Oct
Jan
46
Aug
Apr
25
26%
27
150
12
30
Aug
.
Ill
111
111
40
105%
Jan
65c
69c
11,155
42c
Apr
1
50c
49c
50c
6,300
46C
Oct
114%
Jan
4,000
Oct
5c
1.25
200
Jan
1.70
3%
3%
25
2%
Jan
5
14%
100
10%
Jan
15
7%
100
68%
70
200
61
Jan
70
245
68%
Jan
77
29,540
2.04
Jan
4.40
3% Mar
4%
3c
69
common-
—25
''
*•
———
'*
Rock Iron Mines*
75
..
.
.74
4%
2%c
65c
5%
260
.
5c
1.38
5%c
2,000
4%c
6.350
1.25
Oct
1.96
Apr
2.50
1
822
2,55
Jun
Sep
Nov'
Jun
Aug
Oct
7%c Mai
Jan
1.38
Mar
July
8% May
Jan
1.35
5c
1
:
2.95
4%
U-*,
—1
75
..
2.74
2.78
IlOO
Mines
Cons
3c
1.25
——
Sep
1.25 July
77c
7%
Canada
Ltd
3.55
3.55
1.25
1.25
1.94
July
2.90 July
3%
3%
47c
50c
3.55
General
CCo
230
33c
;
59 %C
100
1.89
Jan
%
48
655
'
40c
57c
57c
60c
7,400
■7%
6%
8%
1,500
Class
Waite-Amulet
Walker-Gooderham
Canada
Western
13%
Flour
Preferred
.10
103,000
Sen
IOC
Oct
5
Feb
6
3
Oct
5% July
2.96
12,500
6
13%,
2,749
/
1.96
6c
2,721
4.50
Jan
5.45
July
66%
1.095
57%
Feb
70 Vs
Nov
21%
21%
345
20% Mar
21%
Oct
1.00
1.09
70,600
....: 5
5
160
79
82
345
,
147
1.08
Ltd
common-*—*--*—-*-*-"
_/**100
!8
17%
18
75
52
'i%c
15,
Jan
Feb
104
5c
8c
61,700
4c
Jan
6 %
"6
6%
290
'. 4%
Sep
67%
67%
168
55
60%
Jun
pfd—*100
"105
Knitting
.
147
15%
,
-
Mar
.
2,00
Oct
Mar
——100
Wiltsey-Coghlan Mines _***_———1
Winnipeg Electric common——*-*
94 %
Jan
80c
12
Oct
6% Mar
Jan
121 %
1,095
106% 106%
141
141
1.14
Aug
4% July
225
Westons
60c
39,200
15%
,
150
1.00
York
Jan
61,500
15%
Jaines)
19c
Aug
19c
1.08
(Alexander &
Oct
13% July
4.80
15%
Wood
2.96
Jan
6.00 Jan
.
Nov
70%
1.09
*
Oct
Sep
Oct
18
.
Aug
108
Sep
20c
May
'
105
95
3.45
>.4,505
7,%
common**——
102
3.40
*'
.7%
50
86
.
May
,;2.95 Jan
6%
.
Jan
7% Mar
69 %
105 '
Apr
Oct
l4:50 July
9%
Jun
Get
Oct
Sep
Toronto Slock
••
Exchange-Curb Section
Canadian
July
Friday
2.17 Julv
2.80
Last
Feb
•
/.
Feb
Brown
Co
Sep
5 %■
Oct
Bruck
Silk
Get
Burns
&
—*
Pulp & Paper com-*
__
17%
Week's
Sales
Range
for Week
of Prices
21%
17%
21%
17%
B———1-ji—
,
50
21
Sep
23
Jun.
50
14% May
19
Oct
1.40 July
2.10
2.30
668
38
38
38
48
11
.11
125-
8%
8%;
High
Low
High
.11
,
Range since January 1
Shares
2.10
—*1
Mills
class
Funds
Low
Par
—1
Preferred
Co
.
Corp—
common
Aug
4%
17c
Sale Price
STOCKS—
-1.02
K-;
95
285
6c
com—
Wrlght-Hargreaves" Mines—
Oct
6
5%
4.70
,69%
i1
Preferred
Aug
6
""
Steel Products *_————*
45c
■
41'/4
Western
Preferred
Oct
18
Jan
,,
——*—___100
:
7,600
550
Jan
32%
Grocery preferred ——100
Malartic Mines
——1
West
5,300
'
12
85
12c
Western
Columbia
■
65
41%
4.80
com—*
Mills
16%
"
British
%
2.68
10%
*
*
Lake Gold Mines-
Jan
5%
14
/
—*******'
Preferred
Wasa
87c
■5%
Ltd
& Worts
Mines,
50c
Jan
1
Ventures, Ltd. __—:
!—*
•
Vermilata Oils ——i..—*_1
National
Apr
Jun
8%
Jan
1.&6
;
—*
Upper Canada Mines Ltd
6%
3%
—25
B
Steel
Andian
1.20
95c
Mar
Aug
41
41
50
'
United
Apr
...-75A
Sep
35
16%
—!—-i*":
United Corp, class B
United Fuel class A
17C
87c
101% Aug
Mar
500
'
_>
4%c Jan.
4
Jan
15c
21c
Union Gas Co*
7,000
75c
85
45
21c
Oct
U %C
July
Aug
112%
.
Jun
12%
Oct
Aug
8'/a
100% 101%
-*
8c
64c
79c
Jan
38c
110
Transcontinental Resources
60% July
y4 Jan
4'Ac Jan
Oct
5
Aug
18
Jan
3%
545
17c
13'A May
Oct
11%
■12%
:•
Nov
3 %
July
Aug
59
''
1.25
110% 110%
1
—
4.00 July
Feb
100 Vs
Trust————100
Towagmac Exploration
.
110%
**100;
Preferred
Apr
1.05
4,750
17
€8
11%
Thompson-Lund Mark Gold Mines
Tip Top Tailors common
*
Apr
3.20
10.0
*
*
15
110
5
Theatre Properties *w_-i_*/***-*—*—
Toronto
16%
1
—
*
Canadian
Texas
175
15%
_*___/—*
common
21,964
414
—I
Apr
10
69c
Radio
of
Co
6%c
62c
64c
—*-IlL5
Mines
July
14%
Petroleum
8c
common*-**
Preferred
Jun
22'%
May
14,724
-
North
9c
1.10
92c
12
1
Mines
.
86c
——
Jan
Feb
8.75
Jun
50c
Jan
IlOO
—
Mines*———
Gold
5%c
6c
'_*_1
——
Oct
99c
S6'c .'Mar •:
I 20c
775
17%
2.25
56
17%
1.08
1.15
__„5
Noranda Mines *_*_*'_*,
Nordon Oil
Norgold Mines
12c
17%
,_w
Aug
i
common*———*
—
Mar
88 %
i
yoo
20 :
1.000
Oct
20
Apr J ■'tlC'46%' Jan •/..
i5o
./12c I2V2C
...0/774 y2 jan- !
Sep
May
24c
<
i'i:'185/8
10
—*****•
59c
2.24
;•
1,090
17c
19
'*..14
V
'•
1.75 May
600'
July
40V2C July
Jan
6
187,900
2,15
Apr
46C
Jan
*'19%c Jan
315
17c 22 %c
*12%
Sep
Jan
55c-
'
20c
1.77
5%c
:
15c..Mar
1,300
July
'
3%c Aug
;
Jun
63
'
National
2 Vac
•
42%
—..
Teck-Iiughes Gold Mines
May
Sep
: •
1.34 May
45,875
'5c
9%
107
55% May
65
,
22
•
Jan
102
48
106 % 106%
106%
1:74
*—*.—
Oct
Feb
4c
,*———1
Vs
.'19%
7%
,
Mosher Long Lac Gold Mines
9
Apr
Feb
362
2.08
common*—**
Class A
,
&
5'/8
700
335
common
Light Heat
/
Oct
10
8%
————
Porcupine
Montreal
■
Jan
■>
8%
————————
Containers
Jun
3c
Oct
Jan
17%.
'—*1—
Monarch Knitting, preferred ——***100
Modern
4.25
Jan
8
8%
1.65
Gas*———*
&
Sep
7%
85
1.73
___
4.45
Mar
34c
Oct
22
Jun
10
Sep
2.42
;
1 %c Mar
4,500
4%c
.*_——*1"
2.95
3.25
21,500
:
July
■
17%
Mercury Mill's ——J———————"r
Oil
10
1
Mines*——.
Mid-Continental
2 %C
—_1
—
Gold
Lake
Graham
McVittie
Mines
Mines———_*
Red
McMarmac
Mines——.***.—0
Lake
McLellan Gold
—100
3.50
C
4.50
Jan
8%
0
—
.
Jan
5c
Sep
20%
2,900
: 388
2%c
19
3.90
20%
14
Tamblyn
Oct
17%
■''**"
•>'
common
Preferred
3.30
17/a
3.50
:
c
common——
——
McColl-Frontenac
,
10
1
,
Massey-Harris
Preferred
_
Feb
775
Sylvanite Gold Mines—*.——
Sep
1.60
6,865
<>
t
*
_
21%
297/s July
Sep
July
78c
2.12 May
8,475
2.15
TIIIio
Maple Leal Gardens pfd—
Maple Leaf Milling-Co common*
Pref erred '
Sep
Oct
Jan
14%
11
Gold
Sudbury Contact Mines
Sep
28%
Jan
58c
2.25
*
16
18
19%
20
430
10%
Sullivan
1.45 July
Jan
21%
2.65
—
Jun
10%
:■
1.03
90c
22 y8
1
fields—
Manitoba & Eastern Mines
52c
19
—
Sterling Coal '*—*——
July
6%c Jan
250
1
Mines—
Gold
May
—1
Preferred
Apr
Jan
350
.,
.
3.95
MacLeod-CocKsnutt Gold Mines**
35c
Jun
Steep
16
68c
73c.
.*1
15c
May
2c
11,700
—1
**
Apr
4,600
27%
'
Ltd-.
Sep
10,500
Aug
Oct
Standard
Oct
13% Jan
4,767
26%
*
%
1.25
Mines,
Aue
21c
90c
Steel
Aug
6%c'Jan
/
2,500
1.37
Macassa
J^n
6c
Jun
7c
19
Preferred
6.75 Julv
Jun
16
14
95
3c
1.21
—.
Feb
64c
33
27
Sturgeon '
Standard Paving
common-
Jun
25%
1.25
Goldfields
3.50
1,025
1.37
Louvicourt
Aug
1.25
Feb
28
60
27%
—*—*10
4c
500
/
■
19
Springer
2.75 July
1.25
Class "B"
1'
,
61c
South
20% July
1
Ltd———
July
10
44c
17%c Jan
4.094
Sladen
July
5
Jan
10c
—1
,
Gold Mines,
8.25 May
1,600
Class
1.20 July
Jan
;
15%
Mines-—
i
——*—3
Mines
Oro
Leitch
17 %c
—10
Preferred
July
6.20
"v,
Laura Secord Candy—
Lebel
1
Sep
:
69c
Siscoe
Jun..
15%
17%
-A**/'1
Lang
80c
May
/•••■'' 80c
6,750
2.92 July
■
Aug
14 Vb
%
•
Jan
2.32
"
—1
—
1.51
3.550
•
2.45
■
68c
May
J.1%
•
—
2.46
69c
6%C July
8.75 May
Mines———1
——I
Labrador Mining & Exploration——1
/
l%c Jan
——1
Gold Mines—
Kerr-Addison
Feb
1.65 July
7,225
70c
"! A—'
'
Mar
24c
28c
,,***—
2.48
Feb
1.64
Mar
11,800
2.43
1.73
Nov
89c
1,400
1.20
Oct
70c
93 c
2,000
70c
.1.18-
;
•
"•
III
Preferred
Jan
1.85
100
9C
Jelllcoe Mines:• **—*-*—*—/**.—:.*i*l-,
J M Consolidated Gold Mines————1
,Wf'
1.01
1.00
1.00
'
-
36c
Merger Gold Mines*—
Simpsons Ltd class A
Aug
23
Apr
1.12
50c
Mines
4.50 Aug
tf
35% July
Apr
19%
3.05 July
Mines——_1
Jun
106 %
1.12
Mining ——,**——*lv
Waite
Jason .Mines
/
28
2,714
—_—...
Jan
39c
July
1.00
■■
1.35 July
1.84
2.08 May
1
Long Lac
Silverwood
25% July
Jan
97% May
2.010
•
Petroleum
international
Apr
15
Mar
4,450
8,730
common**,*
snerritt-Gordon
Sep
13%
J**—*4—L—r100
preferred
19
•
12%
21%
83c
6,500
2.65
3.80
1
Shawkey Gold Mining
*
1
Sheep
Creek Gold Mines——-50c
15% July
13% July
71c
1.06
2.43
30c
**-
—
IP L)
Senator Rouyn, Ltd—..***_.
Aug
7%
Jun
3.50
Anthony Gold Mines*——————1
St Lawrence Corp class A*—
*50
•San Antonio Gold Mines Ltd—.—— 1
Jun
17
12%
21%
1.00
1.06
Nov
5
4
200
3.70
St
July
115
13%
Imperial Oil
——:
.—_*—*
Imperial Tobacco of Canada ordinary„5
Inglis Uohnt
—****—*_*—6
Inspiration Min & Devel
.-1
International Metals common A——*
,
5';
.2.65
•
July
320
17% Oct
Oct
10C
44 %c July
Jan
28c
Oct
14 %c July
Jun
3%c Jan
7,500
12,700
4%
Royalite Oil Co—
3.70 Mar
171/4
400
Sep
1.50 July
"
*
Royal Bank new
July
Sep
84%
19
7c
9,425
7c
38c
6C
,36c
:
July
9.75
Russell Industries common
31%
18%
18%
Jan
62c
101
1.15 Mar
36c
Sigma Mines
Imperial Bank of Canada new——10
Feb
*1
C
of B
1.07
Aug
91
*1
Mining
Gold Mines
Rouyn
Nov
84
100
_'
800
Aug
July
171/4
31%
Smelting——r
common
40c
45c
12,600
10c
Mines :_—*—.*—— **^1
Roche
17%
May
26c
49c
60c
Jan
20c
"
Mines
Mica
Robertson
47c
'
Jan
2.80
45c
60c
2,150
—
Reno
Feb
July
15%
15-.
Jun
Aug
9c
Oct
-
12 %C Aug
1.30
Mines—*!
Mines
Gold
Quemont
Jan
Oct
56c
2,000
99%
Queenston Gold Mines—————1
1.29
Oct;
27c
38c
Jun
17
Jun
26c
Ltd class A—
Huron
*
:
13 %c 13% c
53c
Mar
Jan
4V2C Feb
10%
—
Bay Mining &
Hudson
Hunts
4,085
..
.
83c
Mines——5
,--***,——
Gold Mines—
Howey
Oct
25 %e
1.24
Proprietary
jun
14% May
..
17%
Hollinger Consolidated Gold
Home
4%
,.V
6,000
July
3.85
Jun
9,980 >
87c
6V4C
Paper
Dauch
2.75
Jan
29c
99%
Purdy
Jun
6%c
2%c Jan
25
27c
1——Ju_—"
Highwood-Sarcee Oils
&
9
1
—
Heath Gold Mines
Hinde
Jan
I
——*—-1
Gold Mines
Mines
Hasaga
40c
6%
65
5%c
Gold Mines——*-.—-——*!
Havricana
5%
16%
83 %c
87c
Mines—————1
Gold
Rock
Hard
Harker
Jan
Jan
25
300
,
161%
*_
Jan
17c
19,000
3.4&
5%
Cotton '*—f———-
19'A
240
.
3%c
3.20
Mines————— 1
Gold
Haliiwell
.»
70c
1.28
Rouyn Gold—.
—1
Voting: trust'
*—^*——>**——*-—;
Premier Gold Mining Co****
*1
Preston East Dome Mines
*1
Jan
5%
3% May
60
22c
———
6%
May
*
Powell
12 %c Aug
3% May
50
.
5%
*
Gold' Mines 'Ltd——;—-—1
Gunnar
/,'/
22%
Common —.
Preferred
6%c'Feb
500
,
40c
Ltd—._*—.*
Mines—*
1
Gold
Gold
Pickle-Crow
;
Grandoro Mines
1,380
.
Mines
Securities
.
•
40c
46c
Mines———l____*—*_*1
Perron; Gold
Sep
56 %
52 Va Mar
30
Aug
39c
70
Malartic Gold
Partanen
Aug
101
32c
27c
*
Paymaster Cons Mines Ltd—
18 %c July
:
Oct
——_1
Cadillac
Pandora
Mar
7c
7%cMar
95
55
,
4c
2%c Jan
3,000
lie
%C
93
/3
;
1,000
4%C
—
Page Hersey Tubes
Aug
Jan
15c
9,800 *
17c
13 %c
Porcupine
July
10,100
•'
Pamour
4,50
Jan
27,403
Ill
Petroleum
High
Low
1.37
2.20
18c 19 %c
39c
&
Oils
Pacific
Apr
4c
10%?
1
8c
/
'I'
Pacific Oil & Refining—
Oct
31C
21c : 23C
4%c
—1
—*
13c
•"
.
21c
,
22%
,*_1
Golden
Goodfish
31c
i
III
Pacalta
10% July
Jan
5c
Gold Mines—.
Omega
91
Alay
97% ,Sep
;
-
July
3%c
3%c
1
.
——
———
10
1.99 Mar
83,100
——
Mines Ltd
God's Lake
Goldale Mine
Apr
1.75
Range Since January 1
19c
Oils
Okalta
Shares
High
2.20
1
Mines
Malartic Mines——
O'Leary
8.20 Juiy
Oct
8J/4
,
5,745
—1
4.70
Gold
O'Brien
for Week
Low
Par
Aug
103
87%
common-
—;__*
Giant Yellowlcnife Gold Mines—
Gienora
Sep
15%
5
Gillies Lake-Porcupine
Oct
80c
4.75
.100
Wares
20%
Jan
10,200
common—.
-100
Steel
Apr
33c
20
Range
of Prices
Last
Jun
9%
preferred ————-—% Vo preferred
———
Preferred
26%
Sales
Week's
Friday
Sale Price
STOCKS—
7%c July
*
Lampard, Francis & Co., Ltd.
Jan
Apr
23 %
""
Toronto Agent:
Oswald & Drinkwater (M-MC-TR)
Jan
Oct
4c
1,400
1,004 r
25%
Montreal Correspondent:
Correspondent:
Aug
5%
88
Oct
60
64c
5.00
5%
General
Toronto
6.00 Sep
39
Jan
,
2% Nov
'20
Exploration
Gatlneau
Sep
Telephone—WHitehall 3-0852
Nov
60c
64c
Mines——*—
Gold
Frobisher
4
10
3.10 Apr
808
'
Francoeur
Jan
Feb
S. R, Mackellar & Co. (TR)
"205
.
5c
5c
—1
class A——,
Co —■———!—-
of Canada
Foundation
8 Vs
*
Kirkland
Federal
Ford Co
3
156
8%;
8'/2
Street, New York 5, N. Y.
30 Pine
63 %c Aug
,
6
;
{Member Montreal Curb Market
2.70 Julv
,
Oct
by Us
of Wide Canadian Experience Retained
Nov
36c
"Blocked" Securities
Willis E. Burnside & Co.
May
13 %c
Jan
'
::_25
Falconbridge Nickel Mines—
Fanny Fanner Candy-, ShopsFederal Grain common*—
Preferred
32c
May
*'*
—
Insurance
Life
Equitable
;
60
4
4
Jan
7c
1.66
6,000
X
Feb
9c
~
or
Sep
5%
Jan
"
2.19
2.30
i
115
Apr
3%
635
American Engineer
12 V4 July
Feb
104
15
112
5%
I
Mining .Co*——-—
Duquesne
East
—
For "Free"
Nov
9% July
Apr
9%
300
112
5%
B
Tar
112
5%
100
preferred
Dominion WoollensVcommon——
Dominion
7
and Industrial Securities
Commission Orders Executed in U. S. Funds
26% Aug
14 %
7%
-•
>————-—
Steel class B_—
Dominion
24%
15
Dominion Malting
Canadian Mining
Range Since January 1
Low
High
High,
Low
Par
Dominion Foundries & Steel com
NOVEMBER 3
ENDING
for Week
Sale Price
STOCKS—
WEEK
FOR
Sales
Friday
1997
FINANCIAL CHRONICLE
'15
28%
Apr
7% May
'
7%
Sep
2.45 July
I
t
40% SeD
11
Oct
8% Aug
'11 o'.;r
»
■3k
THE COMMERCIAL &
1998
LISTED MARKETS
CANADIAN
Sale Price
STOCKS—
Canada
Vinegars
Consolidated
2
Jan
11%
7
Jan
12
29c
29c
500
25c
Sep
41c
3
3
*—,,_
Aircraft
Foothills
—
v
2
167
24 %
9%
1.15
1.20
4,500
1.01
Apr
9'A
16
17
90
13
Jun
19
19
125
14
Jan
20
11
10%
Mines
300
2c
Nov
5c
500
15c
Jan
49c
2,625
2c
1.20
1.20
————
——-
21'A May
31
Sep
10
18
Nov
40
40
175
20
Mar
40
7'Ac
7'Ac
1,000
Oct
11c
18
18
——.
Supertest Petroleum ordinary
Temiskaming Mining ——*—.
1
6c
9%
Sep
9%
10
8%
Jun
68%
69%
200
63
75
50
69
11%
10%
Jan
30
160
160
10
8%
250
154
July
Feb
/.ll
Jan
8%
Oct
24 Va
■
Feb
75
69
Jan
143
69 %
Aug
Jun
76
12%
Sep
Jan
160
Nov
Jan
7%
9
May
Nov
-2
98
98
78
Jan
98
*
G
W
&
58%
58
58%
145
50
Jan
58%
100
69%
66%
69%
280
57%
Feb
71
Oct
19
19
185
17
Mar
19
July
—*
—
—
Oct
6
296
5
Sep
68
68
100
62
Jan
69%
Oct
22
5
18%
Feb
22%
Sep
49%:
49%
$2,000
48%
Sep
50%
Feb
192
14%
Sep
15%
Sep
275
14%
Sep
15
Sep
18
Sep
19
Oct
15%
Oct
18%
Sep
26
Sep
30
Oct
14%
Oct
15%
Sep
—100
^
common:
20
22
5%
•
Electric common.
Ltd
Jan
Feb
■
common
preferred—
Preierred
Zellers
21%
128
16
*
100
Cotton
Winnipeg
Jan
Apr
50
13% May
11%
Walker
Ltd
12
24
.L—-100
preferred
Biscuit
Wilsils
Mar
1.72
Sep
25
18
Southmount Investment
1.10
10
30 %
30 %
Price1 Bros
12'A July
Sep
1.30
2c
——
.————_——r—'
Lake
Oreille
10
1,210
19'Ac 19 tic
2c
Selections
11
143
25
.—-—;
Tobacco
Hiram
High.
24
City Rapid Transit common
Wabasso
Low
850
143
common——-*
Canada
——
Viau
Sep
—
Paper*
Ontario
of
Co.
Preferred
Range since January 1
High
15%
———-*
Power
Shares
"15
——
Twin
Aug
16
common—
Canada
Tuckett
Feb
1.45
Sep
16
&
Low
15'/.
Tocke Brothers
Oct
16
.100
Steel
Mar
July
30
Oct
Brew
Southern
■
Jan
40
Sicks
Oct
5'/a
Aug
30
9 Va
.—
—
Humberstone Shoe,—
Minnesota
25
29
Gas
&
Oil
■
9%
—„*,_*i.*
*:
Sep
9% Aug
5%
175
Bridge Co*.
Hayes Steel
.
2%
•
11%
A
Press
deHavilland
Osisko
Oct
4,130
29c
Donnacona
Pend
1.50
8%
7%
8%
._**—,-
Par
Shawinigan Water & Power*— _*
.*
Sherwin Williams of Canada pfd—100
Oct
10
Apr
———
Dominion
Oil
8-%
.
—
Consolidated Paper
Dalhousie
10
300
•
.
—
Marconi
Canadian
10.
.10
Sales
for Week
Range
of Prices
High
Low
High
Low
Par
Last
Sale Price
Range since January 1
Shares
of Prices
Week's
Frlday
STOCKS-
for Week
Range
Last
NOVEMBER 3
Sales
Week's
Friday
WEEK ENDING
FOR
RANGE
Monday, November 6, 1944
FINANCIAL CHRONICLE
——
7% Mar
Bonds-
Oct
notes..
Power
Montana
Mar
———
Banks—
Commerce
Montreal Stock Exchange
Canadian
Montreal
Works Ltd 6 % %
Glove
of Prices
90
35
90
Aug
91
Ltd
12
12'A
483
9
Jan
13
98%
Amalgamated Electric
Corp
Bathurst
Corp..——.
320
85
Sep
99%
280
96%
Jan
11 'A
11%
11%
B
lioo
150
18"% May
24
100
13%
160 162%
134
20%
21
19%
19%
19%
2
2
11%
15%
Jan
Jan
8%
50
6%
Jan
115
116-
120
■i
9%
117% July
103% May
Apr
21
Aug
9
5%
165
10%
57
9%
Apr
12%
Feb
36
36
35
31%
Jan
40
Aug
7V2
7%
43 %•
43'A
44
38'A
•
38%
common —
10
Canadian Car & Foundry common.
7%
835
Jun
45
Mar
Jan
39
Aug
Apr
32%
8
1,345
8%
Jan
10% July
Jan
41
10
10%
9%
5%
197
-
1
New
-25
preferred
26%
26%
*
Canadian
7 ck
Celanese
42%
common
"l00
preierred ——
Foreign InvestmentB
——;
Canadian
Pacific Railway
Cockshutt
Jan
5'A
Feb
6% July
6
150
5
Jan
6'A July
6
65
—r&
Glass
Steel-
&
Feb
41% Mar
23%
Jan
31
July
155
11%
Oct
14
Jan
8
22%
25
24
7%
5 '/c
Corp
Steel
Lime to
Uvnsum.
Smith
Jun
Anr
74
Feb
163
17
155
Feb
163
July
8
—100
2
20%
355
87
15%
103
8'A
8%
19 -v
725
13%
106%
Mar
•
Oct
55%
Nov
9'A
Jun
13
Jun
20
Oct
Jan
140
110% 110%
—
Jun
Apr
17% Aug
103
Apr
10
July
90
Jan
6%
500
Oct
i0
Aug
Jun
Sep
Aug
20%
Jan
53%
50
10%
18%
18%
.
100
25
10%
__
—..100
85
70
8%
Apr
11% Mar
225
103
Mar
8%
July
14%
27
May
14%
115
87
15'A
9
6% May
8
23%
70
10
55: 55%
—*
common
305
24
10
87
5
Preferred
275
12%
20
50
1927—-
8%
12
;
7
bastille—*— *
Paper
12'A July
12%
68
20%
Hollinger Gold Mines
Howard
Jan
Jan
163
common-..——J*7—7
——100
*7-103
inc
9
8
20
12%
•
:
pfd
Tire
Goodyear
45
-
24
—1
—..
Wares
Apr
72%
Corp....
Canadian
preferred
Mar
9% July
575
12
10'A
163
100
————,
preierred
163
72'A
Gatineau Power common.
New
Jan
7
Jun
26'A July
Apr
150
12
Foundation Co of Canada——
.
22
23
475
10%
10%
Dryden Paper
General
50
7%
July
24
Apr
"
«
Piayers
24
10
4%' Mar
17%
162
161
100
Chemical common.
——
33%
401
_25
Dominion Textile common
Electrolux
Oct
210
Ltd__
Stores
Dominion Tar &
Famous
38
1,081
•.
preferred
Steel & Coal B
Preferred
32%/ Oct
Feb
30
1
common
Foundries
Dominion
Jan
29%
11%
22%
Dairies
Dominion
55% July
37%
-8
Preferred
Dominion
Jan
30
36'A
-25
preferred--
Coal
Dominion
July
27%
85
July
14
39
605
Sep
14
Jan
11%
37%
Distillers Seagrams
Dominion Bridge
Dominion
32
37%
37
37
74
Jan
11%
1,850
Jan
10%
680
51%
31%'
31%
27
2,710
12%
51
51%
141% May
155
12%
12
Crown Cork & Seal Co
Dominion
65%
11%
11%
—25
Glass
Consumers
Jun
24%
150
—
Smelting—
July
35
100
——
Consolidated Mining &
154
10
32
.
Plow
Jun
5%
—
Locomotive
Canadian
45
Jan
5%
5%
common-—
«
Class
36
95
42%
Feb
28
Jan
25
32
»
Alcohol
Ind
280
152% 152%
*
Canadian
Canadian
26%
111%
Sep
Hudson
Bay Mining—
Imperial
Oil
Ltd
Imperial
Tobacco
Preferred
——j
-
of
.7,—
18%
—
*
common
International
—15
——100
Petroleum
International
Power
Lra__„
Co
preferred—.
Jamaica
Public Service
the
Woods
(C
7
\
12
Jan
18%
Nov
Jan
29
Oct
33
1,594
28
Apr
35 %
Jun
22'A
.
14%
1,140
475
109
110
Nov
Jan
Mar
106
106
15
106
Nov
26%
75
23
Jan
16
13%
10
2
8%
8%
8%
6%
7%
23%
25
8
1,665
25
60
90
7%
preferred.—:
97 %
22%
106
60
250
132
100
132
23% Aug
Jan
Apr
20
16
(Robert)
Apr
76
19%
22
21%
60
Cottons
Oct
22
—
*
7%
80
26%
__
„
Oil
13% July
f
45
21%
109
•
-
Jan
29
'■*_
Massey-Harris
Montreal
Jan
preferred——_10(i
W>
McColl-Frontenac
Mitchell
10%
20
18%
21%
Ltd .pfd.100
2,041
...
Candy_——-———3
Laura Secord
Lindsay
Co
7%
95%: 97%
„-
*
100
common-;
12%
32%
'
Lake of
15% July
18
22%
Paper common—
Preferred—--.
International
Apr
July
29
32 %
.*
12%
13%
12
.
—————.25
Tnt Nickel of Canada common
747
1,850
7'A
12%
£ 1
—
International Bronze
Preferred
common—.5
Can
—
26% Mar
31%
13
31%
13%
/-*
*
——
6%
16
106 %
1
Jan
Oct
Mar
113
Nov
106
26% Aug
16%
65
Sep
Jan
3%
3%
47'%
49%
1,105
27
60
Ltd
Co
Paper
9%
Jun
Oct
9'A
Jun
27%
Jun
Feb
Jan
132
May
Montreal 11 Ht & Power Cons——*
20
20
20
2,876
18%
Apr
22% Aug
Montreal
.40
11
39
39
15
35
Jan
39
common——*
38
37%
38%
840
33
Jan
38%
tNationai
Telegraph
Breweries
Preferred
National
—,
Steel
Car
25
Corp—
Niagara Wire Weaving————
Noranda
Mines Ltd-
Flour Mills
Offilvie
Ontario
Ottawa
Lt
of
45
3
25
2%
Jan
4'
a
Mar
8'A
35
7%
Feb
8%
Apr
109
Ltd
5%
200
5
Nov
22%
23
1,915
20
Mar
23%
Sep
25%
25%
49
23
Jan
27 'A
Jun
19
10
16
May A.
19
Sep
75
May
90
Oct
5
—*
•
22%
Packers
19
90
90
5
2.20
2.20
2.25
5,402
100
38
38
38%
175
31
Calgary Power Co Ltd 6% pfd.——100
& Dominion Sugar Co
•
"105
21%
105
5
104
22%
1,865
20
Jan
49%
325
43'A
Jan
73
Nov"
Preferred
Canada
Canada
48%
73
9'A
Malting Co Ltd—48%
Northern Power 1% pfd
100
;
—"7
Canada
Canada
Vinegars
9%
pfd
Canadian
Dredge & Dock Co Ltd
*
17'A
Canadian
General Investments Ltd—*
Cable
Wire &
6%%
Canadian Industries Ltd
7%
5
class
'
Vickers
pfd
cum
Ltd
7;
,
Claude
Neon
Gen
Ltd
Products
Advt
*
common
7
Consolidated Paper Corp Ltd
Dominion
Engineering
Dominion
Malting—
!
Works Ltd*
*
*—/„—/*„
Oilcloth & Linoleum——*
Dominion Woollens
*
*
Dominioo
Paper Co Ltd
Donnacona
,
Jan
12%
161
42
145
Mav
166
170
172
17
167%
Jun
174
50c
30
50c
Jun
75
10
59
Jan
2
17 V*
Aircraft
Fleet
Ford
Ltd
Aircraft
Fraser
Halifax
■
Insurance
Metal
4
Oct
/! 45
10
40
Jan
10%
/
,
10%
81
10
Sep
12
Jan
35c
3
40C
1,205
10c
Mar
60c
Sep
3%
1,225
2%
Jan
3% July
8%
6,550
5'/4
Jan
9'A Aug
;
-
,
7%
29
.
15
/ 36
-
5%
5 %
6%
cum
Lawrence
Lawrence
For
Flour
*
see
15%
Corp
5%
Jun
Jan
2 Vb
Jun
9
Jun
12
Mav
14
Feb
Moore
;
Power
Corp of
6%
N
C
100
«
...
*
50
Jan
33
16
100
15
Jan
16% Aug
60c
1,500
30c
Feb
GOe
Nov
48
21%
48
Nov
21%
4'A
3'A
;
49'A
22
■
"B"
Mines—
Pandora
20%
■—
62
Steep
Sullivan
19
20%
2,892
33%
34
15
62
62
170
22
Oct
32
Apr,
35
July
Apr
65
Oct
Apr
Sep
25c
Sep
Oct
2
Nov
%
Jan
59
Sep
3'A
Aug
1.65
46
.
40
32
5%
-
Nov
1
103!
3,351
17c
Feb
3'A
5
30c
Jun
100
Nov
20
25
Mar
13
Apr
—*
•
,
.
Mar
9% Aug
6%
Jan
27%
Nov
17%
Nov
"'
6
—-
6
19
4'A
Jun
6
Oct
29
7-7.
_*——_*———•
'
—
Apr
106 % May
May
93
39
Sep
21c
40
29
321
27%
Jun
30
July
31c
15c
Jan
3 %C
4c
2,100
2c
Jan
5c
July
July
39c
42c
36,100
39c
Oct
69c
Aug
3.80
3.80
200
6c
6e
3,500
2 %C
5 c,
5c
1,500
2%c Jan
18c
Corp
Ltd.—
18c
Mines of
B
3.80
•
Oct
13'Ac July
Jan
9c
July
100
38c
Jan
80c
Sep
4c
500
1'Ac
Jan
6c
July
8c
8%C
**2,900
3c
Jan
15c
Juiv
61c
61c
C——*
Corp—*—A,
100
6.00
Jun
2,15
2,775
1.38
Jan
1.29
3,400
1.18
Apr
9c
1,000
7c
Jan
4.75
3,000
3,40
Jan
1.0.1
1,04
1,100
3.60
3.60
500
1.28
1.28
•9C'
...
L.*l
...
.
6.25
1.75
4.65
:
.6.25
2.15
-
—
1.1
■
'
1
Mines——.
2.10
51c
66c
51e
2,000
35c
1,000
3%e
65c
.
5%c
66c
8,200
42c
1.27
1
Mines Ltd—
92c
; 5c
51c
1
1.27
May
Apr
6.60 July
4,35 July
1.50
•
July
15c
July
5.00
Aug
1.35 July
4.25
Aug
55c
Oct
Jan
8c
May
Mar
1.25 Julv
Nov
4.35 Aug
Oct
1.95 July
2.85
200
1.27
1.37
3,500
.50c
1.04
1.05
1,900
70c
Aug
700
66c
Oct
3,000
8c
Jun
1.26
,
July
...1
.A.
Gold
3.45 Mar
.6.25
Mining Co.**
Mines Ltd—
Cons Gold
1,100
4c
Mines Ltd——
Rock
Lake
25c
1.10
Oct
3% July
46'A
13
Wasa
Mar
12% July
15%
.—u_l.
Gold Dredging Ltd—
Gold
Siscoe
8%
Sep
27%
Shawkey Gold
Oct
2% Mar
Jan
15%
A./**
Gold
Oct
17'A
22*8 Mav
27%'
Copper
Gold
Aug
50
Oct
Nov
Feb
9%
20c
—7
'A
.
tiV*
Porcupine Mines Ltd.—
b—.*1
Cadallic Gold Mines Ltd
Cons
'■/
9%
Jan
103% 103%
.****!
11%
Sep
32
20c
"A"-'—,— *
class
Gold Mines Ltd——
Mines Ltd—
11
104%
32
32
7
*1
103%
Feb
4%
Oct
7'A
35
4'A
Nov
21
23% July
1.50 Mar
89
_*
24
Jan
Jan
10
2
2
Consolidated
Pamour
-
Aug
5
Gold Mines
Joliet-Quebec Mines Ltd
J-M
'
:•
Jun
13%
590
7
50
19%
1,355
11
Oct
Apr
5% May
100
8 'A
Oct
4'A Aug
.
16%
25,
2%
22%
Feb
18
1.360
21%
5%
19%
.10
17 y4
*
Jan
2% Mar
A'/'
24'A July
Jun
2%
Oct
48
815
24
58%
Ltd
*
—
—4c
Anbelle Mines
—_——_——1
42c
Aunor Gold Mines. Ltd
—1
A*
Cartier-Malartic Gold Mines Ltd——1
6c
Central Cadillac Gold Mines Ltd
1
—
Francoeur Gold Mines Ltd—**——*
>A
Jan
100
5
—
—i.
Mines
Arno
9
620
49%
7
'
Ju:r
;
Aldermanic
.99
800
30
^2
58%
2
.*___—"
Manufacturing
10
104
18
35
■
4
5
Windsor Hotel
10
3%
Jan
Products Ltd—100
Corporations
Class
50
3
Jan
2'A
Ltd common.————*
Clay
United
11%
102%
17%
9'A
Stores
11%
104
3'A
45
50
•7/
21
25c
Feb
32
75
48
4'A
21
24
pfd————50
6% cum pfd—100
Investment
Thrift
103% 103%
100
1999.
2nd
Southern Canada Pwr
Standard
Jan
20
Can—
Part
Southmount
-
1,625
60c
,
'
4
;26%
-*
com
3% July
;
7
Apr
—
Corporation Ltd
*.
Aviation Ltd——.—"—*
11
Mar
July
23%
—
Noorduyn
11
7 '/2
Mav
32%
vtc___*
.1—___*
Quebec Gold Mining
8
135
3
30%
16
Montreal Refrig & Storage com
Pioneer
100
Sep
160
:
2
8%
Perron
8%
Oct
Feb
5%
10
Apr
115
320
,
Jun
13'A
13
7'A
•;/ 490
25 'A
*
Aug
8%
19
Jan
10
8
50
780
3%
-
;
Co.—';••• ■: 2l'A
Maple Leaf Milling Co Ltd common/.*
'
8%
"A"
preferred
—*
17'A
17'A
Massey-HaiTiR Co Ltd 5% pfd
*106
—
21 %
Melchers Distilleries Ltd, common—**
**
2%
Preferred
10
8%
8lA
Minnesota & Ontario Paper—**——*
7
**.
10%
Montreal Island Power Co
*
_*
25c
31
6%
225
5 'A
25'A
•
——**,—v
P—
&
Pato
29%
Nov
36
24
575
P
Jun
28
—
common—A
page
Jan
6'A
•
*
Paper preferred
footnotes
11%
29%
100
—
Mills
100
15
20
Lamaque
12%
Jun
Oct
Jan
21%
John
O'Brien. Gold
Nov
33
13%
28%
25
20
St
Jun
91
Jan
100
9%
MacLaren Power & Paper
Sep
Jan
Jun
615
2'A
—
*
preferred———*—50
Utilities
International
Lake
17
86
Jan
7
67%
15
29
9'A
—
.
20
conv
27%
12
Jan
36
3
Ltd "A"__*
(Can)
preferred
60
91
•
A.
21%
.
—*
"A"
International Foundation Ltd com
Jan
Mar
2% Mar
110
..-7' v. ;:
7
*
;
Ltd
Industries
Feb
9
1.85
175
4
**
*
A
Inter-City Baking Co Ltd.———*10O
Int
Jan
Jan
Nov
45
Limited—' 32'A
Company——•—10
International Paints
13%
7
Jan
75
•
3
:
Hillcrest Collieries Ltd
23%
50
Aug
2% Mar
2'A
_>/
Ltd
Companies,
48%
8%
Oct
4
9'A
5
*
Motor of Canada Ltd
100
8%
.
l
Fail-child
115
July
Feb
10'A
5'«
*
—
Oct
80
.
__
8'A
.1
15
36
Jan
10
110%
Sep
75
3%
——*,♦
£1'A Aug
99
'
12
i_
Ltd common——*
Commercial Alcohols
Oct
50c
—
-_
Feb
23
;
19% July
.7—
——*
109%
107
.
Jan
7*7.:
;
„_100
Food
430
,
9
8% July
Sep
40
May
15
—
,
.
7.
*
common.
—
Catelli
15
—0
Paper common
—
St
July
8%
Lawrence Corp common
Class A preferred.
St.
July
26
50
2.40 July
Apr
15
.
100
Canadian Marconi Company*..— auAl.00
26%
—•
.Saguenay Power preferred
Bt
18
Jan
173
110
1.55
160%
—
% preferred
7%
110
_100
Internal Inv Trust Ltd com—*
Canadian
.
„
"B"_—*
preferred
Canadn
56%
*
—
Jan
15%
73
9JA
12
Canada
Ltd
A'
*
100
15
12%
common——.
Knitting common
Preferred
Sep
13'A
6% July
Aug
22%
100
26
-1
Quebec Power
Rolland
40'A May
25 "■
114
Jan.
common——1
Co
Oct
112
3
Preferred
Brown
56
91
:
Canada-
to Co
Nov
46
50% Sep
8%
Oil Co Ltd
26%.
-100
Provincial Transportation
Repent
1,060
24
*
—
—
Corp
Bros
80
17%
24
Nov
High
4% July
Apr
Apr
Ltd—5
of Vancouver
(T G)
56%
•
*
common-.
Placer Development
*»rice
43%
17'A
Ht & Power common—100
Preferred
Bower
43%
*
*
common—
Products
Steel
43%.
17%
——
,
2'A
2,083
V
B—*
—
—
&
Distill
Columbia
Woods
Jan
L010
3%
-**—
32
31
Range since January 1
High
Low
British Columbia Pulp & Paper com__*
.
Shares
47%
British American
Jan
18
Pr
&
for Week
of Prices
100
100
*
Bright & Co Ltd
Jan
5
15
preferred
British
Jun
10%
—
7To
Brewers
20% May
20
Jan
8
preferred
Bathurst
Sales
Week's
Range
Sale Price
Paper common—,—*
Si
F>%
20% July
15%
150
Power
Abltibi
Oct
450
1,088
Funds
Par
Jan
11%
36
50
STOCKS—
Jun
5%
common
—
Bronze
1,105
Last
Jan
3%
18%
20
—
Breweries
Preferred
Canadian
24%
24
Sep
1.85 May
18%
116
Steamship common—*
Canadian
20
19 % May
45
223
11
Northern Power
preferred
— 15
Friday
Oct
18
———
Canada
14%
14%
Canadian
July
162%
151% Mar
2,226
.
Jan
18%
11%
5
—A———
Canada
110
10
•
Montreal Curb Market
16% Mar
162
*
—-
clas£ A
30
.10
...
Oct
,
21
Canada Cement common
5Vc
11%
Jan
8
8%
Mills
Preferred
25
15%
20%
Building Products class A_:—*___
Bulolo Gold Dredging——-——
Canada Forgings
V
21
.._*—*—■
Silk
29%
101% July
15%
21
*
,
Co of Canada.:
Brazilian Traction Lt & Pwr
British Columbia Power Corp A—.
Bruck
96 'A
99
•
& Paper class A_.
Power
Class
94
———————
Telephone
Bell
1.000
Jan
96
a
Asbestos
Low
High
99 %
."100
pfd
16'A
Jun
—
of Can
Co
Aluminum
new
Oct
12'A
Steel common—-
Aluminium
16
16
.10
High
90
a
Algoma
18%
Range since January 1
Shares
Low
.100
pfd
■
15
18%
.10
—
Royal new
Par
Acme
14%
18%
for Week
Range
Sale Price
new
Scotia
Nova
Sales
Week's
Last
„
15
14%
.10
'
Funds
Friday
STOCKS—
Dominion
15
.10
———L.
new
15
.10
Canadienne new—*!
Oil
Stocks—
British
East
Oil
,
,
Dominion
Crest
Co
Oil
-
'
—*
Ltd—**"
—*
69 c
13c
-
67.C
10%C
69c '
13c
1.30 July
13c
Nov
THE COMMERCIAL &
Number 4331
Volume 160
1999
FINANCIAL CHRONICLE
OVER-THE-COUNTER MARKETS
Quotations for Friday Nov.
3
For
Investing Companies
Bid
Par
1
7.20
7.83
1%
3.8G
Affiliated Fund Inc
AAmerex
27V*
__10
Holding Corp
B-l_
28.52
Scries
B-2__
27.13
29.78
18.80
■9.64
10.59
B-3
Foreign Investing-lOc
2
14.20
15.40
Scries
B-4
6%
6"%
Series
K-l—
1
14.89
16.01
Series
K-2
—
Inc
Broad Street Invest Co
Ltd
Fund
Bullock
12.81
14.12
Series
S-3„—
10.59
11.68
Series
107.61
19.35
32.0 L
17.51
103:31
18.00
30.16
15.97
fi
5
1
Fund Inc
Boston
5-2
S-4
4.83
5.37
6.03
6.61
Loomis Sayies Mut
96.24
98.20
Loomis
40.77
41.60
,10c
9.20
10.12
:_,.10o
5.40
5.89
•1
3.73
10
Industry Shares
Inv Tr of America
5%
5'A
—1
A Common
Bond
27.16
Series
Canadian
Common
3.85
31.50
Mass
Investors
Trust
9.75
10.55
Mass
Investors
2d
Securities com—100 2,630
—100
Preferred
Corporate Trust Shares—
1
,
1
AA
2.54
2.32
.
_
*
1
2.81
Income
2.81
Industrial
4.92
Low
——1
Series ACC mod—**
;
•
,
Bond, series
——
1.
Fund
Delaware
Stock
3,85
;—i
-
—
2.50
-
New
6:50
5.70
25c
D
1.29
1.35
1.43
1
8.09
8.75
American
Aetna
stock
New
i.4i
Fund
Stock
Aviation
14.78
13.77
41
40 %
pfd——1
Equity Corp $3 conv
24.11
22.45
1
1
Fund
Balanced
Bank
%:■{
.
5.33
American
6.93
Fidelity & Casualty_5
American
of Newark
7.63
American
Re-Insurance*;
3.83
American
Reserve—,
8.32
American
5.34
5.93
13.13
I
19.82
21.34
1.84
2.03
5.53
6.13
10
A—1
2
10.33
Fixed Trust Shares A
I
14.15
10.71
10.47
———
stock——
Insurance
Machinery
4.95
—•
—1
34.66
37.27
5.62
6.03
—
B
Inc
Invest
—
Capital Corp
General
General Investors Trust
—
7.07
-
Building shares
7.62
*
36 %
-
Republic Invest Fund
shares-
8.33
9.16
6.95
7.64
—
12Va
13%
23%
6%
48%
50%
83
—10
——10
—
47%
,
87
——5
12%
14%
—10
(NY)——2
34%
37 %
Preferred Accident
Providence-Washington
93
Reinsurance
5
11%
12%
Republic
6
22%
24%
Revere
48%
18
of
Newark-.-—.
Fire—
Fire
Marine
&
*10
5
27%
29%
.10
21%
23%
St Paul Fire & Marine new_12%
€8%
71%
Seaboard Surety———_ 10
45%
Haven—-—10
Springfield Fire & Marine—*-25
33%
120%
10
35%
Security New
com.
24%
26%
Standard Accident—
preferred—-*—*-
Globe
'!■
2.75
10
Fire—
(Paull
43%
9
7%
2.44
(Texas)—-—,
51%
41%
B
Republic—;
83%
Travelers
8
79 Vis
28 %
30
U S
;__I0
25%
27%
U.S Fire—
&
2nd
54c
59c
Great
14.35
15.43
Rutgers Fire
Hanover
Ins.
American
—
——
Fire.
6%
4%
20
Globe
&
Corp
U
10
99%
104%
Hartford Steamboiler Inspect—10
41 %
44%
S
*——
Fidelity & Guaranty Co__2
—4
35%
38%
544
520
..—*_*—100
——
47%
126
36%
,
38%
47%
50
10
68%
73%
—2.50
30%
33 Va
Guarantee
Scudder, Stevens & Clark
Industrial Machinery shares—
Indemnity Co
Phoenix
66
Glens Falls Fire
6.24
7.92
Pacific
52
———————
155
Hartford
5.67
Fire*—
89
2.86
—10c
1
7.20
97%
Pacific
62
2.19
1
5.15
87
92 %
Northern
General Reinsurance Corp—*_B
;
1
——
10.61
82%
*25
27%
33
62%
149
•
—
5.67
12.50
River
10
Fire Assn of Phila_,
-1
—
9.66
6 Va
:
58%
48%
10
Fidelity & Deposit of Md—_20
7.20
10.59
Trust shares
Electrical Equipment
———5
30%
Franklin
Chemical shares
—.2.50
21%
25%
Firemen's
Plymouth Fund Inc
Putnam (Geo) Fund-.
7.76
44%
,10
—
3d % •'
27%
Northeastern
6.90
Series 1958—
8.40
28
—10
57
6.22
% Series 1956
6.67
7.72
shares
Aviation
6,93
6.06
shares...
shares
26
20
18
45%
8.55
1953
178
Casualty——2
Amsterdam
42%
7.77
Series 1955—
168
New Hampshire Fire——10
New York Fire—
—5
22%
55
5.65
Series
—20
New Brunswick
630
20%
5
Federal
7%
6%
——*2
Fire*.
Union
North
——-*—*——
Amer
New
82%
77%
605
b
6.27
Group SecuritiesAutomobile
National Liberty*—,
7%
—
'
6.54
.
North Amer Bond Trust ctfs
■
Agricultural
40%
Railroad equipment——
North
61%
60%
Fireman's Fd of San Fran——10
Railroad
4%
58%
*6%
100
614
5%
;
10
57%
__25
49%
30%
37%
Fire—.
46%
4 Va
*25
National
^*4
9
72%
28%
Gibraltar
—.
4.53
Fundamental
9.47
9.63
5.7 L
...*
Trust Shares
Foundation
11.09
8.61
4,45
25.50
Fundamental Trust Shares A__2
10.09
—
———_;
Y
8'A
69
*
—„____10
—2%
—1
12 %
8%
(Detroit)—10
Ins
National Fire
Employees Group
Employers Reinsurance —10
9.07
N
Casualty
Connecticut General Life—10
9.03
8.25
Fire
Fire
National
Continental Casualty
Crunv & Forster Inc
8.34
8.24
——
Mfrs
&
Monarch
'19
City of New York——*___lo
10.86
7.58
equipment——
Metals
3.85
23.27
9.88
—
.—
*———
Electrical
11.51
Merch
16
55
17 %
39 %
7Va
Assur——5
Merchant Fire
14%
*10
9OV2
36%
Y
Massachusetts Bonding
12%
88
20
5
52
__1Q
Bankers & Shippers——:
Boston
Camden
Flre_
Casualty—,
Maryland
12%
17%
10%
—2%
Surety
Automobile
7.67
11%
16%
5
Baltimore American—,
11.77
6.92
Building supply—.
7 Chemical
Inc.—
•
Financial Industrial Fund, Inc*
First Mutual Trust Fund——8
Fund
Fidelity
Knickerbocker
7.52
—
stock—
24
10
3.42
—_*_*—
—
22
Alliance—
American Casualty—
American Equitable
Stocks Inc—
York
Jersey Insurance of N
6.93
Automobile
v„
.
10
Insur Co of North America—10
76
6.21
England Fund—
Agriculture
.
Howard—
&
Eaton
Homestead
40
72%
7.84
•
Shares
Dividend
52%
38%
__io
Life
4.81
series
series
50
14
7.12
——
29%
27%
—5
—
«»k
Rid
P»r
Home
139%
131%
10
Companies
Ask
—25
Agricultural
,
Bto
io
3.89
Preferred stock series-
19.83
Diversified Trustee Shares—
c
Aetna Casual & Surety—:
Aetna
•
25c
priced bond series
priced stock common
Low
18.39
12.48
—.
series
1-953
Bell Teletype NY
Par
National .Security Series-
2.32
Cumulative Trust Shares—
11.42
National Investors Corp—
v
—1
mod
AA
Series
V
Place, New York 5, N. Y.
.
Insurance
11.91
(Md)' voting shares
47
DIgby 4-4950 *
23.90
11.08
series. B shares
(Colo)
5.
22.23
—10
Inc
Tel:
Securities—
Nation-Wlde
144
5.07
45
1
_1
Fund—.
Fund
Invest
Mutual
2,730
139
1
1
Accumulative series
<
Maryland Fund Inc
3.25
29.29
Consol Investment Trust—
Series
——
Members New York Curb Exchange
40 Exchange
1
Manhattan Bond Fund Inc—
•
Commonwealth Invest
1
Fund—
*•
Sayies Sec Fund—10
1
Century Shares Trust
Fund
Christiana
—
Fund
Ltd——1
Fund
Inv
-
Knickerbocker
■
Chemical
*
Members New York Stock Exchange
19.81
24.77
24.71
v.
Bankers Nat Investing—
Basic
18.07
22.52
Series S-l__
Stand Oil Shares
Assoc
Real Estate Bonds
20.62
Series
Axe-Houghton Fund Inc
on
Shaskan & Co.
29.88
Series
20%
3.56
1
American Business Shares
American
Quotations
Ask
Keystone Custodian Funds—
4.23
Aeronautical Securities
Bid
Par
As k
1.—
Food shares
Administered
Fully
General
bond
shares
—10c
I
Inc Shares.
Quarterly
Amer
Selected
8.50
3.38
93.95
10.20
Shares——1
4.26
Income
10.51
6,48
7.13
5.90
6.49
Sovereign Investors———Li—1
State Street Investment Corp—
Merchandise shares
6.90
7.59
Super Corp
Mining shares
4.80
5.29
5.77
6.35
11.12
Recent Bond Issues
Trustee Stand Invest Shs—
Price Shares
Low
shares
Petroleum
Railroad
stock
3.75
shares—.
Railroad
ASeries
ASeries
D—.A——*,
100%
101 %
Brooklyn Union Gas 3%s___l969
Union
4s
:
f
Ohio
1.47
1.61
22.62
24.32
2.311
ASeries B
102%
102%
102 %
Oregon-Washington
Pacific Gas
•
€.35
Conn
107%
107%
105 %
Light & Power 3s____1974
105%
77c
86c
26.22
Florida
Empire District Elec. 3%s__1969
Power 3%s
1974
B————_—*——**—
21.55
23.56
Florida Power &
108 y4
C—————
8.31
9.09
7.15
7.82
Stock Fund—
19.82
21.67
.
Series
Union Preferred
Stock and Bond Group shares.
12.25
1
25.81
28.05
13.26
1
17.20
13.53
101%
101%
Pgh
Public Service
101
102
101
101
105%
106
107%
103 Va
——
San
101%
•100%
—1973
3%s series E
%
Diego Gas & El 3%s„1970
Southern
102%
103'%
104%
104
(Indiana;—
Puget Sound Pow & Lt—
4%s
—1972
'
96%
95%
& Ohio 3%s—1969
Narragansett
Light 3 %s—1974
3s_—_1974
Elec
York
Corp.
105
106
3%
ions For U. S. Treasury
24%
of the Manhattan Co.—10
—100
_10
25%
54
5614
*100
108%
113%
Central Hanover Bank & Trust 20
10414
107%
39%
41%
Brooklyn Trust——
Chase. National
Bank——15'
Chemical Bank & Trust—
49%
10
51%
Commercial National Bank &
Co
Trust
&
Empire Trust
——
Fiduciary Trust
National
First
—
—50
—
Bank—lOO
50%
48V*
22 Vi
20%
Trust—10
Corn Exchange Bank & Trust_20
.
52%
•
80
" 28%
1,695
54%
84
30%
1,735
180
260
100
Trust
National
——100
,
Manufactures Trust Co
51 %
com—20
,51%
256
37%,
lOOV-t
preferred-—
—*
20
Morgan <J P) & Co Inc—100
National City Bank
12%
Conv
—25
New, York Trust—A
Public Nat'l Bank & Trust—17%
44
Title Guarantee
10%
& Trust*
12
100 1,425
United States Trust
19461946...
—*
$Mar 15 1947—
318%
326%
Irving Trust——**
—10
14%
15%
Kings County Trust
——100 1,605
1,655
Lawyers Trust
———25
38%
41%*,
1945_.
—
%%
100.5
106.8
15.
tSept.
15.
15.
100
100.3
100.4
1%%
100.24
100.25
+
1%%
100.8
100.9
100.26
100.27
t%'S May 1, 1945,:
t%,s June 1 1945—
100.18
100.19
t%s Aug. 1,
1
%
•>
,
54
J
'
v!
■
'
%S Apr. 1,
104%
.0479
.0592
.0472
.0613
.0443
.0606
t%s Oct.
'':;V
.0702
—
1945—
—
t%s Sept. 1, 1945
——
,
.0605
.0490
.0689
1945*——
1,
11%
Bid
Commodity Credit Corp—
11 Va %
—Feb 15, 1948
Loan
Home
June
15,
f;%
Reorganization Rails
Jan.
3s
0.75%
Bid
Bonds—
4s
series
A
4%s series
Chic
B
99%
99%
101%
1st
1983
82%
84%
2003
4s
2nd 4%S
53%
55%
104 %
105%
Chicago Milw St Paul & Pacific
1st. 4s
1994
Gen
income
4%s A_—
Gen
income
4%s B
Conv
2019
75
2019
60%
61%
Denver
&
Rio
4%s
4%s
1st 3-4s
income
Income
103%
2019
67%
68 %
Ry 1st 4s_
4%s
_2018
1993
60
.
61
85%
96%
62%
64%
101.14
U
S
Conversion
1946
102%
103,';
—1047
105%
105%
-1961
3s,
133%
134%
106%
&
Common—
Youngstown—
———-—
preferred
——
Chicago Milw St Paul & Pacific
5%
—
—
Rates
45
47
81%
83 %
November
18%
——,—100
4318
44%
19 %
b0.375
0.33%
0.28^
December
1944
b0.375
0.34%
24,
b0.375
0.30%
January
b0.375
0.32%
b0.375
0.32%
b0.375
0.33%
b0.375
0.33%
1945—
1945
January 25, 1945
February 1, 1945
1944
28,
b0.375
0.34';
January 11,
b0.375
0.34 V.
18,
b0.375
0.35 'i
b0.375
0.35%
b0.375
0.35%
4,
1945
20%
45
1944—
b0.375
1944
November 16,
17%
December 21,
1944
9,
November
16%
40%
Chicago Rock Island & PacificCommon
——*
«*k
Ask
Treasury bills—
15%
Bills
purchase
quoted are tor discount at
Bid
39%
———
Preferred
United States Treasury
108 v:
:
r
Canton
Ask
46
preferred
Denver
&
Rio
Grande
com
Preferred
—
Ry common——
Preferred
——
——
November
17%
47%
Western
Pacific
Preferred
—
common-.
*
33
34
69
70
30,
December 7,
♦No par
k Removed
x
1944—,
value,
a
Odd lot sales,
to Stock Exchange,
Ex-dividend,
tions not
1944——.
14/ 1944
December
18%
46%
87%"
94%
101:12
"
4%s—_JiiL—2Q14
—
Seaboard
Grande-
Income
Seaboard
101%
%
Pacific—
mtge
Stocks
5 %
1994
income
Inc
Common
74
Chicago Rock Island & Pacific¬
ist 4s
Bid
Akron
Indianapolis & Louisville—
Issuet
U S Conversion 3s
—
104.3
and if issued)
Western
97%
1955-1945—
103.4
104.1
1956-1946—
1,
101.24
103.2
May 1, 1956-1946—
Panama Canal 3s„
Ask
1988
1988
—
Federal Land Bank Bonds—
3%s
101.22
...
3s
b0.90
Ask
Bank Bonds—
1955-1945
3s
100.5
Bank—
1944
Bid
Ask
Federal Land
100.3
Other
Akron Canton & Youngstown—
.0617
——
Obligations Of Governmental Agencies
46%
"1,470
0.85s
as
.0630
.0537
1945-———*-—
53'/a
266
39%
Federal
(When,
Ask
.0583
.0669
.0566
1,
1%%
1948
—
Bid
.0529
.0598
1944—
$%s Feb. 1, 194510.90s Mar. 1, 1945
t%s Dec.
1%%
—
1947,
tSept.
90.31
%%
Dollar Price 100 Plus
Indebtedness—
of
Certificates
100.7
100.7
—
tDec
V •'
——
1%%
—
1945-.
tMar 15,
200
,
1945—
tDec. 15,
Ask
Guaranty Trust ———100
,-i
20
Continental Bank
Fulton
Grace
453
441
Bid
Par
Ask
Bid
MarlS,
tMar 15,
Notes
32ds of a point
Maturity-
Ask
Bid
Int. Rate
Maturity—
City Banks & Trust Cos.
Par
112%
Power 3%s__ 1968
4%S———1958
Colo
104%
&
Power
Figures after decimal point represent one or more
New York
100%
36 %
34%
10
101%
€inc~Ch~ic~& St'L 3%sll975
101%
Miss
Corp
101%
105%
100%
101%
100%
101%
101%
"104
103%
101%.
105%
Metropolitan Edison 2%S—1974
Co**——**—****.*.*,*111
Boston
A First
debs—
Philadelphia Electric 2%s_*19o7
2%s _*—**_
*_1974
108%
1980
!
*__„_1974
Pipe Line—
——1953
L
Panhandle Eastern
2%s
1970
——
M
Greyhound Corp 3s_—
1959
Kansas City Term Ry 2%s_1974
Corporations
&
series
Gulf Mobile
18.77
Investment Banking
A Blair
series L
3%s
1.88
13.42
of
Investors Fund C
3%s
17.35
U S El Lt & Pwr Shares A
1.17
10
Light 3%s_1974
4VaS —
——-1979
Great Northern 3%s ser K_1960
1.00
1.06
;
RR
Electric—
&
series
3s
108
series
12.37
11.29
—
America
—_l
—
Fund
Wellington Fund—.,.
90c
Bankers Trust
103%
101%
103%
105%
25.43
Bond
2.61
Ltd—
Bank of New York
105%
103%
3s_1960
——
103%
—1977
3s
Edis
A-—*
41c
5
•
Insurance Group shares
Bank
104%
Service
———1974
Edison 3s———-*—1974
3%s
106%
105%
Public
105
—1969
—
——
Union Common Stock Fund B—
Bank Group shares
Co
Birmingham Electric 3s_*—-1974
2.43
Trusteed Industry Shares——25c
10c
Common
Investment
Orleans
Commonwealth
5:22
Inc
Incorporated Investors
Independence Trust Shares
Group shares
Jersey
2.31
4.74
32c
1
AHuron Holding Corp
Aviation
New
New
5.83
7 4.83
Pow & Lt 3s__ 1974
99%
102%
3s
Lt
&
1
Trustee
Bid
Ask
99%
102%
Tobacco
Pow
Stand Gil Shares—
4.7'}
4.74
Securities
Bid
1969
3%s—1974
American
ASeries A—*——————1
4.14
4.85
Series
Institutional
48.00
2.48
C————...—1
4.32
shares
Fund
45.00
'
shares
Income. Foundation
'■"6.78
Arkansas
4.40
shares
Utility
6.19
—1
4.34
shares
Steel shares
Tobacco
of Amer AA
4.38
RR. Equipment
Fire—
95.85
——-•
10.02
Institutional bond shares——
Investing J,
Westchester
3.71
Shares——.2 V*
Fund, Inc——
Selected
7.80
y
Ex-rights,
r
b Yield price,
January
—
d Deferred delivery,
Canadian market,
tin default.
furnished by sponsor or issuer.
s
Cash
fThese bonds
are
e
Ex-interest,
sale—not included
f Flat price,
in range for year,
subject to all Federal taxes.
AQuotx*
THE COMMERCIAL & FINANCIAL CHRONICLE
2000
,
.
Fifth
>V
%
Clearings—Returns by Telegraph
716,000,000
377.695.302
470,000,000
'
—
> 293,265,808
172,207,042
150,500,000
235,719,000
—
—
.
five days
five; days
8.6
2,007,274
10.7
143,687,576
33,754,953
60,648,890
1,840,951
111,376,265
32,403,477
8.1
267,232,744
211,404,243
+
—
+
District—Atlanta—
;
+ 8.4
+
•
V'A" \
'
161,440,148
■
r
1.4
$5,883,329,970
Louisiana—New
2.9
+
5,769,259
31,838,571
121,700,000
9.7
0.2
+28.2
2,431,358
—
1,677,661
—_—...
2,065,123
38,779,330
"
59,185,331.;..+
<.
5,783,187
'28,597,585
98,300,000
•
2,423,613
—18.8
+21.9
61,479,322
1,990,626
*1,900,000
.30,958,406
t
1,644,600
24,771,000
v: **45,000,000
4.0
40,220,756
3,287,752
4,323,176
263,704
214,408
+23.0
238,502
185,685
82,517,157
+15.4
76,193,723
47,909,108
376,476,633
+10.2
32o5l4,735
252,690,299
*- 455,278
5.4
+ 2.1
—10.7
— 3.2
— 4.2
"
Orleans—95,244,472
+
12.7-
>,
4,873,388
——
+.21.8
—
2,427,081
•
——
'
.
9,156,774
40,803,976
137,000,000
47,282,467
,
Macon
tAlabama—Birmingham.—
Mobile.—.
.A—
Mississippi—Vicksburg_——_—_
;J
'
.
Florida—Jacksonville.^
,
+14.3 V
$8,222,966,545
—-
11,740,984
39,634,441
150,300,000
.
Augusta-
j
y
2.4
+12.4
+12.2
129,165,155
Reserve
Georgia—Atlanta—
-
;
.
.
.
4,892,661
+39.8
—
'
Total
'
Ten cities,
Federal
—
Tennessee—Knoxville—
•
-—
126,346,190
Other cities,
;
--
953,660
4,181.000
+ 10.7
274,328,051
(6 Cities).—
Nashville__—
.194,523,679
—-
—
Baltimore
i ;
296,598,797
—
140,990,769
32,283,718
Total
+27.7
+52.3
168,077,866
St. Louis
•
169,100,000
San Francisco.—264,496,000
Pittsburgh
222,349,798
Cleveland
196,599,175 >
■>
[
482,343,095
—318,010,097
—
156,097,767
35,738,548
Maryland—Baltimore—
District of Columbia—Washington—
+50.3
*
—I
Kansas City
.
91,550,096
2,031,937
,
!
■'
979,624 '
7,280,000
79,523,317
3.3
4.1
4.4
—
$
$
■:
1,222,531
6,249,000
1941
1942
:
Carolina—Charleston—1,877,818
Richmond—————————
Sixth
$3,698,813,836
——i———-
Boston
..
—
i.
,
1,282,257
5,995,000
h 95,607,407
—
Virginia—Norfolk—
South
■
$5,559,644,324
—— —
Philadelphia
1943
1944
•
———————
Chicago
District—Richmond—
Federal Reserve
*
inc.or
Dec. %
$
$
West Virginia—Huntington
•
1943
1944
■'v-:-
Week Ending Nov. 4
New York
Week Ended Oct. 28
"
■
'•
will show an increase compared with a year ago, Pre¬
liminary figures compiled by us, based upon telegraphic advices from the chief cities
of the country, indicate that for the week ended Saturday, Nov. 4, clearings for all
cities of the United States from which it is possible to obtain weekly clearings will
be 29.9% above those for the corresponding week last year,
Our preliminary total
stands at $11,758,415,220, against $9,050,378,887 for the same week in 1943.
At this
center there is an increase for the week ended Friday of 50.3%.
Our comparative
for the week follows:
■
.
'
■
Bank clearings this week
nummary
;
.
...
THE COURSE OF BANK CLEARINGS
Monday, November 6, 1944
(10 cities).——————
414,923,520
'
.
1,575,712,805
1,507,195,505
+ 4.6
Total all cities, five days...——.——.
"
$9,798,679,350
$7,390,525,475
+32.6
1,959,735,870
1,659,848,412
+18.1
—
All cities, one day
Seventh Federal Reserve
-
>
Michigan—Ann Arbor.;
:
Total all cities for week
$9,050,373,887
$11,758,415,220
„
—
+29.9
Grand
^
District—Chicago—i
—
Lansing
Indiana—Fort Wayne—
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
South
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,
complete results for the week previous—the week
ended Oct. 23.
For that week there was an increase of 1.0%, the aggregate of clear¬
ings for the whole country having amounted to $9,824,728,343, against $9,722,742,704
in the same week in 1943.
Outside of this city there was a gain of 3.6%, the bank
clearings at this center having recorded a decrease of 1.2%.
We group the cities
according to the Federal Reserve Districts in which they are located and from this
it appears that in the New York District (including this city) the totals register a
loss of 0.9% and in the Philadelphia Reserve District of 0.1% but in the Boston Re¬
serve District the totals record a gain of 7.6%.
In the Cleveland Reserve District
the totals are smaller by 0.2% but in the Richmond Reserve District the totals are
larger by 8.1% and in the Atlanta Reserve District by 10.2%.
In the Chicago Re¬
serve District there is an improvement of 5.7%, in the St; Louis Reserve District of
1.0% and in the Minneapolis Reserve District of 5.1%.. In the Kansas City Reserve
District the increase is 1.0%, in the Dallas Reserve District 13.8% and in the San
.Francisco Reserve District 5.7%.
;
we
summary of bank clearings
*
1944
1943
Inc. or
$
$
Dec. %
cities
403,858,917
375,329,080 + 7.6 >
"
5,313,812,196
5,360,876,573
0.9
"
641,253,764
641,634,956 — 0.1
"
610,726,325
621,996,017 — 0.2
"
296,598,797
274,328,051
+ 8.1
"
414,923,520
376,476,633
+ 10.2:
"
628,657,176
594,736,198
+ 5.7
"
320,000,902
316.672,667
+ 1.0
V
223.857,337
222,597,265 ; + 5.1
Districts
Reserve
Week Ended Oct. 28
_
New
3d
12
-12
10
7
6
10
17
Boston
York
Philadelphia
2d
—
4th Cleveland
5th Richmond
—
6th Atlanta
7th Chicago
Louis
•8th St
«t.h
Minneapolis
'
7
9
6
—
70th Kansas City
31th Dallas
4
——
_
-——--
—:
.152,278,081
526,509,194
"
"
10
12th San Francisco
292,252,134
»*'.
Iowa—Cedar
9,824,728,343
9.722,742,704
4,679,657,570
r
Outside New York City
__
3,961,772
+
3.4
2,300,630
2,321,207
—
0.9
628,657,176
594,736,198
......—
(17 cities).———
AAA+
-4'
/'v< '••'
'
Week
''
■
•;"
>"
(4
7,972,438,438
Federal Reserve
Fall
3.6
4,021,232,554
'New
L L 4- w j
Rhode
New
Helena
Total
(12
cities)——
1,277,059
Butfalo—
1,457,672
560,164
923,340
—16.3
4,107,614
146,943,377
2,907,323
/;■
13,259,531
+ 21.9
13,994,750
+ 11.7
5,841,246
Jersey—Montclair
i—
...
*
—
Jersey
7.8
18,404,500
484,468
5.5
+
0.0
899,063
*—
891,056
958,670
.,881,857
6.2
L0
292,252,134
306,100,318
6,262,974
381,031,142
367,537,505
Total
3,331,000
1,580,853
—
1,448,241
+
—
—
5,263,396
+
+
.:"V;
9.9
52,800,000
50,700,000
—10.6
1,227,693
883,725
Pasadena...
716,802
980,554
San
Francisco
1.2
3,951,205,884
4,103,965,262
San
Jose...;—
+
61,763,009.
+:
826,675
+ 7i.4!;
—
1.5
+ 16.5
6,198,154
6,199,755
+
9.9
8,792,089
9,048,513
6,050,939
6,072.744
10,464,578
807,729
Third
(12
cities)
+
Utah—Salt Lake
City.—.—
California—Long Beach
Federal
Reserve
5.4
4,992,997
2.3
80,082,157
'1,727,054
69,841,663
24,857,456
,6,368,287
3,527,685
120,102,250
M.
4,281,870
—J
Santa Barbara.
276,258,000
12,061,301
5,410,533
1,811,212
4,612,061
1,693,914
...
—50.3
;
.
95,004,561
Total
502,829
366,081
(10 Cities)
0.3
+
7.7
33,439,453
33,259,535
d <T>
4,061,056,521
4,249,213,941
—25.9
380.224
465,913
385,229
48L204
•'
*890.000..—19.2
631,511
505 240
526,509.194
^
+29.8
1.
.
.
*
3,533,699
1,172,745
4,173,806
+ 14.4
62,400,360
..
1.426,682
.50,647,948
21,463,298,
5,611,725
2,081,415
243.882,000
'
6.8
—
'
3,298,539
212,424,554
3,883,638
1,282,224
3,403,170
5,701,858
+
■
.26,439,388
*
'
5,275,072
,
+ 14.0
+10.1
+ 122.9
3,249,410
304,124,000
Stockton
6,548,940
•
+
2,312,688
+23.1
78,116,112 — 6.2
' 27,347,460 ' +'4.8
10,297,164 -—58.4
3,603,641
35,859,176
5,360,876,573
11,297,180
2,667,000
>1,416,041
'v
73,263,650
28.667,666
Oregon—Portland.—
27,401,723
5,313,812,196
1,864.312
74,232,343
+13.8
88,683.704
90,692,166
—.
Yakima.—....2,845,914
1,360,081
.
104.766
773,013
183,680,446
Twelfth Federal Reserve District—San Francisco—
Washington—Seattle—
1,376,705
i.
—16.7
133,866,602
1,557,530- ,—25.2
*
3,418.961
..
2,303,451
94.345,818
6.4
—
5,623,983
152,278,081
13,712,672
38,626.221
;t;'(131J174,782
*14,500,000
2,898,000
1,061,984
9.2
(6 cities)———
Louisiana—Shreveport—
5,604,492
.
..
246,820,602;
+18.9
105,411,750
*16,000,000
2,775,000
Galveston
.455.0
■
/
+13.7
2,051,628
2,333,679
Wichita Falls...
■;;/
5,207,735,698
77,063
3,020,108
.'
- 39.976,018
1.397,125
3,738,610
%i
*10.9,000
772,824
4.5
—
125,352,000
;
1,158,652
1,051,109-
' +
14,973,153
Dallas—
Fort Worth—
'
437,720,282
498,098,344
+
3.7
9,722,742,704
+
lid "
4,515,007,006
+
-
365,842,138
22,806,3.96
Total (110 cities)
Grand
Outside
Total
6.0
—
....
630,569
7.6
375,329,080
27,487,983
.
+
2,959,113
6,200,486
16,706,800
599,215
—13.2
15,886,400
401,283
;
—
+
4.5
7.4
209,765,792
;
6,259,854
5,523,420
—
157,447
3,337,288
58,796,400
2,133,905
5.070.463
171,895,062 '.
4,548,213
+16.8
Eleventh Federal Reserve District—Dallas—
14,193,827
6,037,774
6,713,056
Newark—
Northern New
+13.8
—
6,569,637
—.
'
New
,\
181,247
3,iOo,.>00
75,822,799
.
3,176,730
—
Texas—Austin—
3,048,823
*
7,046,624
Syracuse———
Connecticut—Stamford..—
+
198,228,398
4,060,325
3.2
2,799,807
—
1,188,415
4,946,809
10.625,363
——_
179,003,510
5,520,141
City—...
St. Joseph————————.
1.230,877
5,145,070,773
*
5.1
+
—
222,597,265
—72,397,565
1—
Kansas—Topeka--—
490,914
1,193,918
1,416,626
....
Rochester
.
0.1
940,149
—
New, York
—14.7
+ 15.1
67,894,000
——
....
Elmira...
3,806,068
95,272,229
37,035.601
3,016,391
1,266,702
1,252,284
5,294,102
3,^u,j^^
Omaha..—.——-
1,165,442
Jamestown..—_
4,377,063
119,386,614
42,493,111
3,422,407
1,282,261
1,330,397
.6,711,657
155,614,0.90
50,313,325
3,493,693
1,636,361
1,567,202
5,346,939
6.430,076
————
+12.8
1.7
4.0
— 5.2
— 0.5
+33.0
— 3.2
1
4,452,453
223,857,337
(7 cities)—
Lincoln..,
1,093,923
403,858,917
York—Albany..——„
Binghamton
250,491,943
Tenth Federal Reserve District—Kansas City—
317,263,795
Reserve District —New York—
Second Federal
275,487,092
Nebraska—Fremont—.206,316
2,657,313
325,772,191
518,114
New
.'
5,535,271
7.6
17,128,000
I
1.0
+
636,919
589,462
3.9
6,745,159
'
316,672,667
3,313,136
1,627,614
2,084,309
;
Total (9 Cities)—_
22.6
2,710,992
-
54,256,291
676,000
...-i:
+
16,057,183
Total
$
$,
+
——_
Island—Providence
+21.9
48,280,485
Dakota—Aberdeen
1941
1942
fe
+
Haven—.—————
Hampshire—Manchester—
58.259,652
1,395,113
65,767,586
988,000
■
653,233
1,367,449
"Worcester
New
'
3,207,464
4,138,277
,
Connecticut—Hartford
28
324,732,596
559,966
Bedford—
Springfield
61,131.506
9.9
158,181,775
Paul
Dakota—Fargo—
'
- -n-—-«
2.7
+
5,023,079
Montana—Billings—
3,574,033,681
Dec.
$;
1,244,068
—_.A—+.
River
137,300,000
—
District—Minneapolis—
'
South
7,677,998,943
3,333,080
—-
IjO'W 6ll
$
800.646
Portland
Massachusetts—Boston^———
147,600,000
—
73,622.871
57,805,796
1,144,000
; "
cities)—
North
250,491,943
146,943,377
183,680,446
95,004,561,
365,842,138
349,255,683
Maine—Bangor
0.4
184,100,000
516,071,805
275,487,092
Inc. ox
1943
1944
;/■
Clearings at—
x.;-'
First Federal Reserve District- Boston—
516,071,805
.320,000,902
../A
1
Total
469,482,944
211,404,243
252,690,299
1.0
Ended Oct.
2,094,620
536,424,657
71,667,255
—_
Illinois—Quincy—.—
showing the figures for each city for the
4
1,812,747
63,538,534
183,400,000
Kentucky—Louisville
Tennessee—Memphis
Wichita:
,
...
*•
* '
Eighth Federal Reserve District—St. Louis—
Missouri—St. Louis.——
week ended Oct. 28, for four years. :/■■
y
:
5.7
+
Colorado—Colorado Springs.—.—.
Pueblo—.
—....:
add our detailed statement
now
,
*2,000,000
4,669,099
+81.4
+21.3
2,095,886
'
424,875,794
+
2,026,277
Missouri—Kansas
We
5.6
26,593,000
2,799,547
7,373,225
23,621,932'
1,511,896
• 12,517,807
5,458,222
440,769
417,394,438
1,709,154
4,429,039
1,782,224
1,537,139
451,134
5,580,701
V
Springfield——
'
+ 104.5
—6,769,594
j
Minneapolis.—
+
.
515,838
474,173,101
500,671,717
.
Rockford
Total
5,899,903
+
7,185,770
Peoria
St.
+
—
Chicago————
Decatur
•i
367,537,505
4,249,213,941
569,635,741
381,031,142
4,061,056,521
582,473,811
564,171,092
267,232,744
320,914,735
536,424,657
,.
'
8.13
+24.7
1,826,877
373,760
4,117,288
1,768,203
2,644,162
-
28,868,000
3,086,983
9.450,477
28,207,324
1,604,351
12,594,799
5,659,320
>
0.9
—
13,358,040
5,899,903
Sioux City—''
'
+14.4
31,965,867
1,975,535
16,656,659
.
- •
3.9
—
7,665,747
.
1,054,981
•
—
Illinois—Bloomington——————.
1941
$
179,003,510
246,820,602
120,102,250
437,720,282
4,515,007,006
._.L—110 cities
Total:
Rapids.i.a_.——Ai...
Des Moines.—_•—^
Ninth
4.5
+13,8
+ 5.7
306,100,318
133,866,602
498,098,344
_
Minnesota—Duluth...
1942
S
3,810,868
8,765,881
Wisconsin—Milwaukee.—.31,669,733
,
■/
■+
Federal
Terre Haute—
furnish a summary by Federal Reserve Districts:
In the following we
v'-;;.
■lac
:
:
able to give the final and
are
....
4,003,168
2,969,669
29,543,036
Bend—3,663,249
452,151
4,162,624
3,027,848
3,407,386
—
4,658,849
Indianapolis.—28,304,946
,
.
ends Saturday
435,387
4,758,737
3,574,006
2,874,562
—_____
Rapids—
9,824,728.343
New York—
4,679,657,570
...
7,677,998.943
3,574,033,681
7,972,438.438
' -4,021,232,554
3.6
'
/ '
"Estimated.
District—Philadelphia—
•
Pennsylvania—Altoona—
?
'
Bethlehem--^-——--—
396.005
740,015
Chester—-—-
——_
719,303
1.705,215
1,749,517
—
3.1
1,307,110
1,537,065
Philadelphia——-—_—,
627,000,000
624,000,000
+
0.4
569,000,000
1,481,154
+
4.1
1,158,304
1,424 399
2,703,713
—10.9
2,175,292
—
1,586,598
'1 260 450
•; :
- •
;
Lancaster.,.._
—
Reading—.
—-—
Scranton.;.
———
Wilkes-Barre^—
.
York
New
—_
—
Total
(10
Fourth
chies)——_L
Federal
Reserve
Ohio—Canton—
Cincinnati—
Cleveland
Columns
—641,253,764
__
3,234,300
.
..
—51.2 '
1,741,143
641,634,956
—
—
4.8
1,9641560
3,694,000
' 569,635,741
2,978,641
0.1 1
3,3.97.702
.
4,126,400
582,473,811
+32.7
6,981,200
2,826,010
114,205,765
(7 Cities)-.——
15.509.000
2,257,121
'
101,167,516
227.883,593
16,958,600
—„
...
' ••
1
1
1,974,960
4,045,781
248,211,146
4,142,844
—
2.3
267,920,342
—
7.4
3.327,554
247,089,474
610,726,325
621,996,017
—
0.2
564,171,092
+12.9
91,838.990
—
7.1
204.963.609
+
9.3
+14.3
85,900 700
♦
161,771 683
11,948.900
„
of Dec. 31,1943.
Bank
+
Clearing
As noted in
our
••
4 'v
r' r
•;
(
1
/.
discontinued
were
r
as /
issue of Jan. 17,1944, page
250, at the last Annual General Meeting of the Canadian
Association
Bankers
direction
returns be discontinued on Dec.
not
given
was
that: clearings
31, 1943, in view of the fact
time that the figures did
some
correctly reflect business activity, for the. reason that
intra-bank items do not pass
2,247,609
through the clearing houses.
12,666,900
1.973.Q24
.
*1
'
Note—(Canadian
.
,
'•
that it had been obvious for
221.813,612
___
Pennsylvania—Pittsburgh
Total
4.4.
District—Cleveland—
__n__
Yoiingstown.———
534,560
570,188
1.465,946
—3,412,200
——
Mansfield—
.
1.945,726
——.
r
'
1,376,435
—'
_
Jersey^ Trenton.—
'
• ••
'
2,302,910
1.429,369
•
.556,000,000
1,541,805
2.417,054
i
4,168 298
,
199,901,744
469,482,944
-i,
i
■w
■
.
l
.
1/
v■
"'j.
'
■'
:
'
■'
-!.i
.
-
xh'l-'A
•
'■
'.l..;,-
'•
'
•
■
■■
.
>
.Volume 160
2001
THE COMMERCIAL & FINANCIAL CHRONICLE.
Number 4331
Page
Date
Company and Issue—
,
building bonds (Student';Unions),.(....Nbv 15
1st mortgage Hall of Music bonds——,
—-—---Nov 15
Twin City Rapid Transit Co.—
1st lien and refunding 5 VaS, series
—......'.Jan 15
1st lien and refunding 5%'/o bonds, series A———Dec
1
Union Investment Co., 1st preferred stock.—.....Janl,1945
Walgreen Co., 4Vsr/o preferred stock...;.:,
4-Nov
9
Welch Grape Juice Co,, 7% preferred stock—Nov 30
Western New York Utilities Co., Inc.—
1st mortgage, 5s, due 1946
Dec
1
Hoiices
Below will be found a list of corporate bonds, notes,
stocks called, for redemption,
including those'called under sinking fund provisions.
The date indicates the redemption or last date for mak¬
ing tenders, and the page number gives, the location in
which the details were given in the "Chronicle"
preferred and
common
Per
' Name
•
Regular
1565
stock
■
Quarterly
1859
21
15
22
1
Corp.—
7(6
:
tin Volume 159.
i
preferred
General
Central
York..Power
1742
15
16
1671
;
'
■
Page
Date
Vermont
c, due 1967—,
Corp.—
3(6
mortgage
Dec
r
977
..
1730
1
.
Club
Iowa
-
Southern
.'-'v'."-.;
■" ;'.J
■•:
of
Co.
—Dec
_____
v
55th
St.
,; Extra
1293
7(6
England Theatres,
mortgage
bonds, due
American Box
1868
Page
•
,1626
:.l,
1179
10
.10
1179
;
1
15
12.90
13
1180
1
12299
•
^
12-15
12-1
12-
11-15
12-1
11-10
12-15
11-8
12-22
12-22
12-22
12-6
(quar.)
& Socket
■
Furniture
(quar.i_:
Products
Home
Co.—
——
(monthly.)—,
20c
Co.
Inc.,
Inc., common———
5c
6(6 preferred (quar,).w,——15c
Bankers & Shippers Insurance Co. of
;
New York
(quar.):
$1
1397
1860
^
Rationale
(Montreal)
:
1860
1629
;"
Common
(quar.)
—.
■■.'
.•
conv.
preferred (quar.)____________ v
preferred iquar.)—
:
Birmingham Water Works, 6(6 pfd. (quar.)_
Blackstone Valley Gas & Electric (resumed)
Blaw-Knox
■
1630
Erie RR. 1st consol. mtge, 4(6
bonds, ser. C, due 1959—Dec 20
Companies, Ltd.— ;,>
mortgage bonds, series A—
————
Jan
1
6(6 s. f. mortgage bonds—
.—Jan
1
6(6 1st mortgage bonds, series of 1936-—,—-.
Jan
1
Glen Alden Coal Co., 1st mtge. 4s, due 1965—
—Dec. 1
Great Northern Ry.—'.'.v
1st and ref. mortgage 4('4 (6 bonds; due 1961
Jan 1,1945
Gen. mtge.,4(6 conv. bonds, ser. G A H, due 1946_Jan 1,1945
Collateral trust 4(6 bonds, due 1952
—Jan 1, 1945
Eastern Ry. Co. of Minnesota, Northern Division
(1st. mortgage 4(6 bonds, due 1948.
...——-Apr 1, 1945
Gulf, Mobile & Ohio RR.—
:
334f6 ; collat. trust bonds, series A, due 1953--1—Jan l, 1945
;
—-.u:-——^6.
Brothers
Tobacco,
common
(year-end)
Boyertown
Braniff.
Airways,
.
,1526
•*
1631
;
1736
,
Industries, 15-yr, 2nd mtge. bonds, due 1956-Dec
;
1527
1633
Lehigh Valley Transit Co.—
1st mtge. 4(6 bonds, Series A, and 5(6 bonds, series B
.'due' 1945
——Dec ; 1;
Long,Dock Co., consol. mtge. 33A(6 bonds, due 1950—Nov 20
1633
1633
Louisville & Nashville RR.—
1404
mortgage 3,VaS,-due 1950 — i———Jan 1,1945
10-year collateral trust 3'/2s,;due 1950—
Jan 1,1945
1404
-
1st mtge. 5s, series A,
due 1959—Jan
Narragansett Electric Co. —
1st mortgage 3V2S, .series. A, dpe 1966——
National Dairy Products Corp.—,
'
Serial debentures, due 1949 and 1950—
New York, Chicago & St. Louis RR.—■
3V2(6 1st mortgage bonds, due 1947
-
——
Central Ohio
Ozark Power & Water Co;; 1st mtge. 5s,
Pacific Gas i&
12-
1
11-21
-40U
,
•
:'
•«
Less
;
Co.
of
;1299
6%%
Co,,
1
5(6
1743
1743
•
—
.
.1531'
(quar.).
(buar.)__
(quar.)
J2231
1
1532
•
12-10
11-21
.12-10
11-21
12-15
11-24
12-
1
•
*
•
1
U-15*
1
12-15
12-
12-1
U-15
12-
11-15
1;
12-' 7
1.2-15
11-15
12-15
1
1
12-
1
1
.
preferred
(quar.)
5(6
preferred
(quar.)..
—.
common.—
(quar.)—i
1st
.
.
12- 1
12- 1
U-15
U-15'
*'
«•>
12-15
10-31
'll^O1
12-30
30c
11-10
11- 6
12- 9
12-11
12-1
12- 1
12- 1
.
11-24
12- 1
.
f
(accutn.)
,
11-11 '
U-15
12- 1
U-10
1-20
1- 6
11-25
11-15
1- 2 ' 12-15®
12-15,
11-15
12- 1
11-17
12- 1
11-17-
75c
20c
_——
preferred
11-U
N
12- 1'
12- 1
37V2C
.
.
——
0'. .S.)
Extra
11-14
11-16
11-10
U-10
10-26
' '
1- 1;1
12-12
11-30
V-
,
12-15
12-1
11-15
12- 1
U-15
12- 8
11-29
11-30
1- 2*
'11-14 '
11-25
12-1
12- 4
—-
11-20
^l.OO'A
Co.
25c
20c
(quar-.).
——,
Lakey Foundry & Machine Co. (resumed)
Lexington Water, 7(6 px-eferx'ed (quar.)____
...
11-10
Lionel, Corp;
U-20
.
12-
1
Luther
M J
Extra
12-
6
3-1-45
6-1-45
9-1-45
$1.2512-1-45
11*15
12-
1
11-10
$1.25
50c
$1.25
12- 1
U-10
12-12
12-12
12-
1
12-
1
11-14
11-15.
V4c
12-15
10-31
25c
12- 9
$1.25
6c
25c
12-9
l'- 1
12-10
11-25
11-25
5ftc
50c
Plate
preferred
1-2
1- 2
12-15
$7
11-30
U-15
12- 1
12- 1
11-15
50c
common
(quar.)
Glass ;Insuraix*ce
—;—
...
Co.—
10-17
10-31
U-25
.
"
12-15
Zinc Co.—
(accum.).—
M^w McEwen Kaiser
Extra
11-15
U-10
l4c'
Matthiessen & Hegeler
7'6
12-11
12- 1
11-30
$1.50
....
Extra
,
20c
$1.75
20c
—
(s-a)_
Semi-annual.
$1.50
U-15
.11-14
—
Massachusetts
"
U-10
11-30
preferred (quar.)_„-._-._
Maryland Fund
Masonite Corp. (quar.)j__
8-15
"
11-20
12-15
11-30
11- 1
12-15
$5
5-15
.
5c
420c
'
46c
Co
M Consolidated
Magazine Repeating Razor,
2-15
.
10c
Lac Gold Mines Ltd.
Manufacturing
& M
12-12
12-12
(interim)..
——
Little Long
1
12-
(quar,).—i
Extra
U- 3
',1 Or 1.9 :
U-15
U-31
U.-21
•
.—_—
Ltd.
U-1
' il-30
Inc.—
-
Mines,
t.
t ;
,
,
$1,25
$1,50
4---—---T—
Shore
1-18
____
,
(year-end)—
(quar.)„.____._—
I
2- 1
11-15
$1.50
—,
Wines & Champagne
Irx*egular
11-21
•
12-, 1
;
(N. Y.)—
preferred (quar.)——..
6(6 preferred.....:
La Salle
10-31
U-15
..
1
(year-end)
.
25c
20c
$1-
__L
;lr
2-14'
12-1
11-20 '
12- 1
U-20
12- 1 ; 11-16'
12-31
12-14
12- 1 *. 11-17
12- 111-17
12- 1"
11- 8
12-1 . 11-10
25c
SlVsc
$L06»/4
25c.
$1.50
50c
$1.25
^
ll-20!
<
3-1
.
Brothers,
Kresge,
*
———.
City Water Co. of Chattanooga—;
5(6 preferred (quar.)
Cleveland Graphite Bronze Co.,
/
(quar.)_yL_-.'
^
conv.
Kable
Co.—
'-J—- '
V
....
11-20^
'
50c
50c
-75c
4336e
50c
$1.50
$5c
$22'/2c
...—
(quar.)j.___—
class A
12-15
34%c,
—
Kansas City Stockyards Co. of Maine— .
5(6, preferred (quar.)
......
U-15
12-1
$1.25
—$1.25
;
$1.25
(s-a)__
common
12-1
11-91
1
px*eferred A (quar.):
—..i...—.
x$1.75
1-2 *11-36
>:
7(6* preference B Iquar.)
l3/4(6 '*
1- 2
11-30
5% preference C Iquar.)1V4(6
•—1- 2
11-30
5(6 .preference D (quar.)__..__..r__;i._tu
.llk% \ 1-2
11-30
r:
Jewel Tea Co. Inc., bommon (quar.) ....
25c *
12-20
12-£16
Extra '
40c
12-20.
J2- 6
10-16
12-18
10c
(quar;).....
12-1■
12-11
;
.
(quar.)___r_
Co., conxmon
12-
25c
(quai'.)L.-.._.___-...-..
Koehring Company
$4
50c
'
11- 6;
12-15
•
7(6
U-15
11-
12-30
12-30
$1
......
Properties (Cleveland, Ohio).50c
<!lnglis (John) Co. Ltd. (initial^—425c
International Products Corp,
(year-tend)—
50c
International Utilities Corp. (initial).——
$1
Jamaica Public Service Ltd., com. (quar.)—
17c
10-16
$5
$5
(initial)
12-15
Industrial
U-15
1
11-15
11- 6.
U-15
50c
Mines,
U-15
12-
=
11- 6
U-15
-
—
11-
20c
11-15
25c
common
Mfg. Co.,
10-14
11-15
11-10
35c
—
(year-end)
Water,
Corp.,
<
.
12-15
25c
$3.50
75c
,
10-14
10-31
12- 1
11-27
Industrial Brownhoist Corp.-—
60o
:
<•■
U-15
12-15
12-
U-15
11-14
-
11-12
:
1
10-31
,
11-21
$1.50
,
■
City of New Castle Water Co.—
6f(6 preferred (quar.)
.
1
.
11-10
12-10
•SQc
,
;
—
—
—.
Pacific Co.—
gold bonds—Central Pacific stock coll. due 1949-Dec
South west. Telephone CO., 1st
mtge. 6s, ser. C, due 1947-Dec
j
——
preferred
preferred
preferred
,5(6
(H.) & Sons,
4 <6
...
& Texas Fac. Ry.
5(6
1868
Jan 1,1945
Southern
7y2c
5(6
trust debentures
11-17
11-30
12-15
Co.
Co,
preferred
Lake
(quar.)....
Common'•
Ltd.—
Inc.,. 1st mtge. 6(6 bonds
Dec
5
Sisters of St. Joseph of
^hesDiocese Qf.JP.eierborough (Ont.)—.
4y2(6 bonds
Jan 2.1945
.
tax of
Cincinnati New Orl,
Illinois—
1st mortgage and collat.
Schoenstadt
1—---V
Chicago & Nox'thwestern Ry., com.
5(6 preferred vtc. (year-end)—
1
3 yas, due 1968_
--:
^-Nov 25
Restigouche Co., Ltd., 6(6 s. I. mortgage bonds—.—_Jan
1
(E. L.)
Cuban
Chilton-Co.
1st mortgage
Ruddy
11-17
11-24
$1.50
;
Belt Co..
————
Chapman Valve; Mfg. Co., 7(6 preferred—..
Chestnut Hill RR. Co. (quar.)..———_—;
-
Northern
11-13
1
.
Chain
1530
due 1952—.Mar 1;"19'45 *
mtge. 3%s, series H, due 1961;
————Jan
Cincinnati, Chicago & St. Louis RR.—:
General mortgage bonds, series C, 4y2(6, due 1977
Jan
Service
12-1
12- 1
.
Central
Electric Co.—
1st & ref.
Public
11-15
T
.-.-—'J
iquar.)
■(I^ansas City) ; (quar.)
Violeta'Sugar Co.—
!
U>iJl£
Jan 1,1945
11-10
12-15",
11-25
12-
,
U-20
12-15
preferred (quar.)
.; $1.25.
Hotel Barbizon, Inc., vtc. (quar.)
$2
Houston Lighting .& Power Co. (quar.).—•
90c
Humble' Oil & Refining Co
;. 37 V20
Huntington Water, 6(6 .preferred (quar.)—.
$1.50
7%
preferred (auar.)
$1.75
Illinois Muxxicipal Water Co.. 6(6 pfd- (quar.)
$1.50.
Imperial Tobacco Co. of Canada Ltd.—-,!
Quarterly
' < $10c
11-301*
U-20
■
12- 9
5(6
■
„
37V2C
(quar.).—
'
preferred
Common"
'
11-24
pfd,
(quar.).
Horn & Hardart Baking Co.
12-11
12-
7(6
Corp.,
W.)
.
(
'. U-15
1
75c
50c
(quar.).
(quar.)__„..._
Extra
10-27
(quar.)25c
(H.
Union
Hobart
Light & Power Co.—
preferred
Pittsburgh,
«&
11-10
12-20
Central Surety & Insurance Corp.
"
1958—Jan
-
4(6
$$1.50
(interim)-.—50c
Brockway Motor Co;—..—.
—37y2c
Extra
L..
,; 25c
Brooklyn Edison Co. (quar.)..——
$1.75
Bruce (E. L.)
Co., common (quar.)..^——
25c
3y2(6
preferred' -(quarj)
87l/2c
7(6 preferred (quar,)'4.>-^-rr—-w---—$1.75
Euckeye Pipe Line Co..——.'—^..4-—.-.20c
Butler Water Co., 7(6 preferred (quar.)—_
$1.75
California Electric Power...!
10c
California-Pacific Utilities, 5 (6 pfd; (quar.);
i.25c
Canada & Dominion Sugar Co. Ltd. (quar.)
$20c
:' Extra
.Lu_
'; $20c
Canada Dry Ginger Ale Inc.—
25c
Canada Malting Co.,, Ltd.,, bearer (<juar,)—$50c
Extra
—I—,$50c'
Registered (quar.) ————
——•
$50c
Extra
.i—— •
v;: $50c
Canada Vinegars, Ltd. (increased quar.).- $15c
Extra.
$15c
Canadian Exploration
(s-a)
tlOc
Canadian Fairbanks-Morse Co. Ltd.. (quar.)
$250
Can-ier Corp., 4y2(6 preferred—4iy4c
1865
Nov 24,
Oregon-Washington RR. & Navigation Co.— v1st and. ref.;mtg,*4(6 bonds, series'A and B, due
1961
1
:——Dec
,
Prior lien mortgages bonds, series A, due
11-13
,
1739
—Nov. 13
—
'
:
<
-
New York City
Ompibus Corp.^
New York Railways Corp.—
1
12-11
.
,
Unified
11-13
1
12-
25c
Hec.la fining Co. (quar.)..
_______
Heyden Chemical Corp., common^_.^.w._...
12-11
.
1187
1
1
$1
15c
.
1526
11-21
10-27
12-
'
1
50c
preferred
11-
U-15
25c
(quar.)
Harbison-Walker, Refractories Co. (quar.)..
6(6
preferred (quar.)^
—.1
Hawaiian Pinapple Co.,: Ltd....
Hazel-Atlas Glass Co. (quar.).....;....^..
11-21
1
12-1'
15c
—
(quar.)..
Ltd. (quar,)...—
Hamilton Cotton Co., Ltd...—
11-4
1
12-
12- 1
25c
(quar.)—.....
(James) Co., common
preferred (quar.
Hanna (M. A.) Co., $4'/4 pfd.
12-
12- ,-l
12-10''
45c
$1.12V2
7(6
12-
1
Malting
Hanley
11-14
12-10
12-10
25c
15c
■
preference
preferred A
6(6
12-1 »•
■
50c
(quar,)..
'
Hallnor
11-30
11-15®
1 "
-25c'
•
American Indemnity (N.. Y.'
7(6
11-30
12-
50c' '' 12-10'
;
Manufacturing "(quar.
Hackensack
U-15
2
2
11-
U-15
10-27
11- J.
1
15c
Phoenix
Hajoca
11-16
4
11-
25c
V',-, Extra
11-16
1-
Bristol-Myers Co,
1526
1402
1
&
Griggs Cooper &
11-7
•
Dredge & Dock Co.—
Corp.
Corp.
series
5Var/o
11- 6
11- 8.
11-1U1
l
Co., Inc.
'
Grain
preferred
Great
11-15
1
U-25
11-24
$1.50
iquar.)
Griesedieck Western Brewei'y Co.—•
11-15
1
12-
12- 2
■'
Paint
Grand
11-8
11-25
.j—
11-10
U-10 "
11- ,8; .
.12-1
12-18
A..
Bridge Works (quar.)
(quar.)
Gossard
11-15
1-
Inc.".—J——---—15c
62 y»c
1- 2
'
45c
...
Extra
11-15
12-
Brewing Corp. of America (year-end) ——Bright (T. G.) Co., Ltd., 6(6 pfd. (quar.)—
1526
$5.50 preferred stockS-^Nov- 9
Reywood-Wakefield Co.,' 5f6 debentures, due' 1946—Dec ,,1
Hudson River Day £ine, 1st mortgage 6s, due 1946—-Dec
1
Kansas'City. Terminal Ry., 1st mtge. 4s, due. I960—Jan 1,1945
Kress (S. HJ & Co,; special preferred sto'ck-6.1———Deo 14
Casket
class
America
Gorham
11-30
; 50c
Burial
i0-27 1
.
11-25
(quar.)..
Co., common (year-end)
preferred (quar,)—
Pitt
$1
11-4
Mills
Bourne
.
.
.
25c
•
•
$1.50
11-15
U-15
6-30-
$1.25
(year-end)
(s-a)-^..—
(M. H.)
General
11-21
12-26
—
B
General
11-21
11-11
(quar.)—
11-25
Special
11-10
12-
60c
U- 1
'12-11.
■.
U-20
(quar.)
(increased)
$1.50
Genei-al
11-10
25c
preferred (quar.)
Borden (Richard) Manufacturing
Co.
Works
Gas
Froedtert
1,
$1.50
6(6
1st
Gulf States Utilities Co.,;$6 and
Fort
11-10
12-
Watch
Freeport Sulphur Co.
11-10
L
8-1
12-1
.......
Electric,
Class
10c
Co.
Year-^end
Bloch
Praser
1526
6
11-30
12-15
3-31
'
Security Corp.
$4.50
11-30
11-30
11-17
1- 2
1
15c
.
$1.50
Fllntkote
12- 6
11-17
50c
$1.25
$1.75
$1.50
\
$7
1399
River
Extra
.
$5
'
1
1
National
Quarterly
1
12-
___„—
5-
■
.
1
$20c
'
(quax*.—
Fitz Simons & Connell
Berkshire Pine Spinning Assoc.—
429
:
',
10-28
—
quarterly
—
;
115c
Barcalo Manufacturing (s-a)—15c
Barlow & Seelig Mfg. Co., common—
10c
$1.20 class A (quarO—30c
Bastian-Blessing Co. - (year-end)
——_
40c
Belding-Corticelii Ltd., common (quar.)
$$1
7(6 preferred^ )q«ar'.);—;
$$1.75
10-26
,
Fishman
11-15
11-14 '
—
Canadienne
Initial
11-6
11-
11-30
2-1
$20c
'
.'Extra
11-14'*
12- 1
U-15
25c'"
—
■
.
11-13
12-6
U-15
11-13
li-U
11-6
50c
:
of Ogden (Utah),—^
.Class-.A '(s-a).'
Extra—.
........J......—' •
5
12-
30c
25c
(quar.)
$1.75
Manufacturing
(quar.).. 75c
& Becker Brewing Co....
......
2c
First
11-22
12-
1-2
12-1
12-1
12-1
11-15
;
$20c
Federal Light & Traction Co., $6 pfd.
12- .5
12- 1
Baltimore Radio Show
6
.
5(6
-
,
Empire District Electric Co.—
v.;
1st mortgage and, ref. 5s, due 1952-L:-—;,Nqv 20
Missouri-Illinois RR.,
4
$1.25
12l/2C
3c
preferred
75c
$1.75
35c
"•
Ely &? Walker Dry Goods
10-26
6c
11-30
12- 1
'
preferred
Federal
10(6
held—
12-15
.
$1.25
'
„
Elgin
12- 1
12-15
Banaue
ref, mortgage bonds, series. A, due 1948———Jan
ref. mortgage bonds, due 1948...
———Dec
La France
9
stock
com.
common
Shares
1-
Ekhardt
10-26
of
preferred
Pall
•
4(2(6
;
12-23
565/4c
....
...
11-
„
1521
1
1st mortgage 3'As, series I, due 1968——
Dec
5
Cigar Corp., .3(4(6 debentures, due 1953—Nov 27
Danbury & Bethel Gas & Electric Light Co.—
v
» v
25-year 6(6 mtge.ibonds, series.'.'A, due 1948——Feb 1,1945
Derby Oil &, Refining Corp., $4 preferred stock--—Nov 15
Eagle-Plcher Lead Co., 6(6 preferred stock:'
Jan
1
.
12-
12-15
pfd. (s-a)
12 (6c
1- 2
Applied Arts Corp. (year-end)——15c
12-15
Associated Dry Goods, common—
——
25c
12- 1
6 '6
1st preferred
(quar.)—;
$1.50
12- 1
7(6 2nd preferred (quar.)——
$1.75
12-1
Atlanta Gas Light, 4y2 (6 preferred (quar.)
$1.12y2
12- 1
Atlantic Refining Co.
(quar.)
——:
25c
12-15
Extra
——4.-—^--—'.""
>.25c
12-15Atlas Corp.,. 6(6 preferred <quar.)—"75c
12- 1
Atlas Powder Co. (year-end)
——$1
12-11
Atlas ; Tack ' Corp.—
—-—U——•'• 40c ■11-30
Aunor Gold Mines1 Ltd.
(interim)—.——
i-5c
12- 1
1742
Consolidated
6(6
11-7
2
(quaiM......
11-18
11-
American Thread
Chicago Union Station Co.—
1st ,mortgage3%8^ series E, due 1963-——Jan 1, 1945
-
share of
1
shares
10
Co. (quar.)——20c
Rolling Mill Co.——^———
20c
American Service Co., common (year-end)-,; 1
$1.73
$3 preferred (annual)
;
$3
$3 preferred, class A (annual)
$3
American Steel
Foundries
iquar.)_.—50c
1
iSt mtge.20-yr,;4'/6 bonds, series B, due 1955.____._Nov
1st mtge. 2Q«yr.: 4(6 bonds, series C, due 1957
—Nov
Atchison, Topeka & Santa Pe Ry. Transcontinental
Short Line, 1st mortgage 4(6 50-year bonds-Jan
Avery (B. P.) & Sons Co., 5(6 notes, due 1947———Nov
Central States Edison, Inc., collateral trust bonds---—Nov
Chicago, Burlington & Quincy RR.—
lUinms"Divismnmtce,.3,/a.(6 Ac 4% bonds due 1949—Jan
,
of
5%
Eston
.
1
American
Armour <fc Co. of Delaware— ''v-
v.
11-14
•
:
—
7.(6
12-26
12-1
11-17
In<;.—15c
(year*end)_—\
$1
Board Co. (year-end)
:
25c
Co,
American
Date
Eastern Massachusetts Street Ry.—
com..50c
$1,50
Inc.—
(resumed)
6(6
11-17
American
CALLED
Co.—
12-9
East St. Louis Interurban Water—
10-31
'
American Pulley
1st mtge. 5s, due 1950—Dec
Company and Issue—
Edison
■
12-
',5(6
1
Allegheny Ludlum Steel Corp., 7(6 preferred stock-—Dec
Arkansas Power & Light Co.—
" 1st & ref. mtge. bonds, 6(6 series due 1956———Dec
Commonwealth
Gas Co,—y
American Forging
4yaS, due 1972——Dec'; 1
Revere Copper & Brass, Inc., 1st mtge. 3'As, due 1960—Nov 15
.
12-1,
12-23
Hosiery Mills-—
preferred'class A '(quar.)..——i—.,$1.50,
Picher Lead (quai\)—:
35c
preferred
$1,50
6(6
.
10-31
—
—9c
American Chain & Cable,
common.-.—50c
1st mortgage
.
'
11-10
11-10
———
.Extra;
Nov 24
ISSUES
Drug Co.
Eagle
11-10
American Business
Puget Sound Power & Light Co.-—
ENTIRE
'
U-15
Durham
.
of Rcc.
12-12
12-12
11-15
dividend
each
for
1297
*.
Dec
_
1958—
Portland General Electric Co.,
1
12-22
25c
Malting
Quarterly
Quarterly
40c
(irregular)
Laboratories
Stock
15
bonds,
& Seal Co.,
Dominion
(quar.)—87yac
Co.
preferred
Allied
^
Inc.—
12-
12'/2c
Industries, $2 preferred.
Dominguez Oil Fields Co. (monthly)..—
; Holders
Payable
75c
> 50c
v:
•.
American Arch
1863
'
1st mtge. bondS, 4Va (6. series, and 1st mtge.
series C, 41/2(6, due 1950——
,
12- 9
Domestic
v-
.
When
Share
;
(quar;)^'—-—'
Allentown-Bethlehem
1184
Corp.—
Pittsburgh Steel Co,—
1st
Co.
.
■
Wire
Acme
4(6 1st mortgage leasehold bonds, due 1955——Dec
1
Pennsylvania Glass Sand Corp., 1st mtge. 3 Vis, due 1960.Dec
1
Phelps Dodge Corp., conv. 3'/a(6 debs., due 1952
Dec 15
Poli-New
Steel
Acme
1st mtge, 5(2s, due 1945..Dec 22
National Dairy Products Corp., 3%'Io debs., due I960—Dec
1
East
Name of Company
■
Northwestern Barb Wire Co.,
One
(
J
"'.12-23
....
Per
1732
1
Nov
-—;
_
12-
12Vac
Extra
Delaware—
4 V2 (6 debentures, due 1966
Metropolitan Building, Ltd., 1st mtge. 5s
U-15
433ic
(quar,).......
&' Co.,
"
1732
(111.), 1st mtge. 4(6 bonds—
Nov
1/
Co., 1st mtge. 3%s, due 1969——Nov 24
Utilities
U-10
12-1
Coi'p....15c
America, Inc.
Sons, Inc., 756 pfd. (quar.)....
7(6 preferred (quar.)...-.—
Detroit Gasket & Mfg., 6(6 pfd. (quar,)—.
Dodge Mfg.. Corp. (quar.)
•
Public Service
12-15
25c
'
Cork
Deere
Industrial, and Miscellaneous Companies
-
mortgage 3Va% bonds, series B, due 1966_.
..Nov 13
Cehtury-Parkway Corp., general mtge, 6s, due 1956
Nov 10
Cincinnati Gas & Electric Co., 1st mtge. 3 Vis,; due 1967_Dec
1
Consolidated Oil Corp., conv. 3V&(6' debs., due 1951
Dec
1
Eastern Car Co.. Ltd., 1st mtge. 6s, due 1952
Jan 1,1945
Pood Machinery Corp., 3(6
debentures—
Dec
1
Gaylord Container Corp., 5V2'/» conv. preferred stocK—Oct 31
General Shoe Corp., 3V4(6 debentures, due 1956———Dec
1
Iowa
1-2
40c
Cushman's
.
Dow
1860
1st
Glen View Golf
11-30
12-15
,
$5 convertible preferred (quar.)....
Curtis Publishing Co., $4 prior ,pfd, (quar.)
.
The dividends announced this week are:
/
due 1962
Public Service Corp.—
<
we
declared.
—.....—Dec 30
bonds,
(
•
$$3
,
$2.25' preferred
(quar.)
Crown Zellerbach Corp.—
are grouped in two separate tables.
In the
bring together all the dividends announced the
current, week.
Then we fpllow with a second table in
which we show the dividends previously announced, but
which have not yet been paid.
Further details and rec¬
ord of past dividend payments in many cases are given
under., the company name in our "General Corporation
and Investment News Department" in the week when
,
Central New
11-15
1
taccum.)
Motors
of
Extra
Crown
Dividends
first
:
.
ser.
.
U-10
12- 1
$20c
.
:
Terminals, Ltd.—
V,;
Debenture stock and bonds, due 1959—
.—Nov 30
Arkansas Power & Light Co., $7 preferred stock___._—Nov 15
Buffalo Niagara Electric Corp.—
1.'
Central
bonds,
U-10
1
12-1
75c
(quar,)
(irregular)..
Crompttin & Knowles Loom Works,
6(6
preferred (quar.).
DIVIDENDS
1524
'
.
V
; ' PARTIAL REDEMPTION
Company and Issue—
Gen. & ref. mtge. *3% (6
12-
50c
.......
—:
Corp.
Date
.....
-
Algoma
Ree.*'
of
,
Asuncion. Port Concession Corp., 8(6 debentures
__;_Nov
'Daytorn Union Ry4
.mortgage bonds, due 1949...,—*-Nov
Equity Corp., $3. convertible preferred stock
;
Nov
International Paper' Co.,, 1st & ref. mtge. 5s, jser. A & B.Dec
Poll-New England Theatres; Inc.—'
'■
1st mortgage- bonds,, due 1958
.;.~_.~.a__Nov
Springfield City Water Co., 1st mtge. 4s, due 1956—_LNov
,
87(2c
Consolidated Laundries
•
Company and Issue—
Holders:k
Consolidated Edison Co. of New York lne,~
Creameries
OF TENDER
NOTICES
(quar.)..
Continental .Commercial
this issue,
Payable
8(6
preferred (s-a)1
Consolidated Bakeries of Canada Ltd
1781
1673
—-——.
♦Announcement in
When
Share
"
Special guaranteed (quar.)..
Colorado Milling & Elevator, $3 pfd.,
Confederation Amusements Ltd.—;
Continental
'v,''
of Company
Cleveland & Pittsburgh RR. Co.—
1565
1st, mortgage
,
'
.
Trustees of Indiana University—1
Co
....
...
....
-
U-15
v
When
Per
Payable
Share
Name of, Company
i
15c
$1.37y2
$6 preferred class A (quar.)__—_:—$1.50
Metz Brewing Co., 20c conv. preferred' (accum.)
30c
Midwest Oil Co., common (s-a)—
—
37V2C
Corporation, common-———________
5Va'/r preferred class B (quar.) __________
preferred
8V
(s-a)__ ____
——~
Utilities
Co.,
$
Mohawk
Drill & Machine
Morse Twist
Quarterly
A (quar.)
Corporation
class
Nachman
■
.
National
National
National Terminals
Neisner, Bros.
Extra
—_______
preferred
—
——
shares
Founders
preferred
5.10%
(quar.)
Corp., class
Hundred
Nineteen
Stock dividend:
Elec.
one
for
common
preferred
preferred
B
Scotia
Nova
Oil
Power
Ohio
Seamless
$1.50
Participating
Weston
Poor
&
B
12-11
12-
Whitaker
Wilkes-Barre
Lace
11-17
10-31
Williams
B.)
75c
12-
(J.
12-
6
8
1-
2
1-
2
12-
8
11-10
11-
Ltd.
(4
11-15
11-.4
(quar.)
12-13
11-15
11-15
11-6
11-15
11-
12-
1
(quar.)
preferred
11-10
1-
2
12-
$1
$1.50
__
+25c
■
7(4
Canadian
3(4
(s-a)
12-1
11-
7
(Rudolph)
Co.
1
11-28
12-15
11-28
2
5(4
11-20
Below
this
12-15
12-
5
preceding table:.,"
12-20
12-
9
11-1
12-
1
11-
8
1-
1
11-
8
preferred
12- 1
12- 1
12-22
1-2-45
11-15
12- 5
1-20
1-2
25c
Alpha
11-25
11-10
12-
11-10
1
Allegheny
8
11-20
11-10
12-
11-24
8
12-1
$1.50
$2
11-15
12-. 1
11-15
12-
11-15
American Automobile
$1.37%
'371Ac
25c
1
preferred™—
——
—
$$2
t$1.5Q
Amalgamated Leather Cos., 6(4 conv. pfd—
75c f
6(4 convertible preferred (accum,)—$1
American Airlines Inc., $4J/4 preferred——
$1.06V'4
11-22
1
Cement
Portland
Aluminum, Ltd., common
6(4 preferred
(quar.)
11-15
12-11
12-
7%
Steel,
(year-end)
Ludlum
Common
11-30
$6
(quar.)—.;
.
————————
American Barge
Extra
American Bosch
$1.37V2
11-15
$1.50
5Vz'/<>: preferred (quar.)'
6%
preferred (quar.)—.4-—...—;—4-.
12-
12-
11-15
American
of Canada, Ltd.—
preferred (quar.)———___——
$$1.50'
%*jb part, preferred (quar.)
—$75c
Pressed Steel Car Co., Inc.,. common
25c
5(4 1st preferred (quar.)——.--——,—6Vie
5(4 2nd preferred (quar.)—
—62 tic
Provincial Bank of Canada (initial quar.)—
$50c
Common
(quar.)
____________
1-15
1-
2
12-
2
1212-
4
25c
1
4
————
12-
1
11-15
1-
2
12-14
50c
7V2C
Regina Corporation
35c
Remington Rand, Inc., commom—
30c.
$4.50 preferred
(quar.)™_______________
$1.12 Vz
Republic Insurance Co. of Texas (quar,)—
30c
Reymer & Bros,. Inc. (Extra)—
'
10c
Roper (Geo. D.) Corp. (year-end)
25c
Reynolds Spring Co
______4
25c
Saco-Lowell Shops, common (year-end)—
$1.50
$1
convertible preferred
•
25c
12-
11-15
__________
11-
1
2
12-11
1-
2
12-11
11-25
11-10
12-15
12-
10-31
10-24
12-30'
12-15
1
".
St.
Joseph Water,
6(4 preferred
Canadian
International
Co.,
________
Southeastern
Common
■
Power
stock div.—
1
11-4
1
11-4
11-4
10-30
10-30
50c
$1.25
11-30
11-15
1
11-17
25c
11-30
11-15
(s-a)
37 Vac
12-30
12-20
25c
$1.50
20c
12-11
10-23
I-1-45
12-14
—
(quar.)__,
'
Steel Products
Ohio
Store
(year-end)
$1.50 preferred
Products,
Shore
;
South
&
Bend
;
—.
—
Advertising Products"-
•
6(4
:
12-15
11-10
12-18
12-
preferred
4
11-20
1
5
11-24
12-
1
11-20
12-15
11-15
25c
12-15
11-15
50c
75c
—
12-
40c
25c
12-12
11-15
10c
25c
$1
25e
10c
10c
37tic
(quar.)-.
,
12-12
11-15
11-15
11-
11-29
11-10
12-
4
1
11-15
11-30
11-15
11-29
11-16
12-
1
11-15
12-
1
11-15
50c
$2
pfd.
Common
Associated
Oil
12-
1
11-15
11-1
10-24
Mills
Avondale
B/G Foods,
Common
Montreal
of
Toronto
Extra
Tin-Ton Tailors
Mining
T
Oil
Ltd.,
of
T,a
Dreferred
Nevada
—
Best
12-
1
11-10
11-10
1-
2
1-
5
12.-4
(quar.)
_
&
7(4
Binks
Steel
preferred
Corp.,
12-
9
Co.
(irreg.)™
(Phila.), common (quar.)
Container
preferred
(quar.)
Blumenthal (Sidney), Inc., common (initial)
Boeing Airplane Co. (year end)
Vultee Aircraft,
of
Corp.
Continental
0
—
—
common—_
31 Vic
America (irregular)—_
(Del.) (quar.)— —
$50c
75c
30c
Oil
Co.
7(4
participating preferred (quar,)——_
preferred (quar.)_——
——
Cork
*
Co.,
preferred.,(quar.)—___
•*<.*.'
I
Cuneo
'
6(4
Manufacturing
Curtis
Darling
V Davidson
Denver
1
1
42-
1
11-
4
12-
1
11-
4
12-
1
11-15
12- 1.
11- 1
11- 1
.
5(4
11-20
■
5(4
preferred
11-20
11-30
11-15
II-27
11-10
11-15
11-
3
1
11-17
11-30
10-30
11-20
11-
4
12-26
12-
4
12-
Corp..
.
1-2-45
12-13
4-2-45
12-15
10-30
11-15
1
11-4
11-15
10-31
11-15
10-14
12-
12-15
12-
11-15
IX-(6
12-
2
11-
8
12-18
12-
8
11-25
11-15
6
'
11-24
11-20
75c
12- 1
12-23
12-23
(quar.)
preferred
preferred
10-16
1
12-
25c
—
______
12- 1
$1.75
11-15
$1.25
1st preferred
iquar.)
(quar.)
(quar.)__:
■
:
—
Detroit-Michigan Stove Co., 5(4
5(4
1
11-15
York—
Derby
60c
10-16
11-15
"
12-20
11- 3
11-10
11- 3
preferred (quar.)
Tramway
12-
1-2-45
11-24
Derby
12- 1
11- 8
,11-
S3
40c
Gas & Electric Corp._
Oil & Refining, $4 preferred
Detroit International Bridge Co.__
II- 6
1- 2*
1
10-31
25c
Co.
(L. A.) Co.—;
Chemical Corp
11-15
17-
11-30
12-*15
(s-a)—_
(Mo,);
Dentist's Supply Co. of New.
40c
11-22
10-16
1
.♦
•
Class A prior preference
7(4
11-
11-15
11-15
12-
—$1.12(2
preferred (quar.).
Cunningham Drug Stores—
"4Va(4
Common-
11-15
r.'
#
.
.
Press
43(40
$$1.50
S2
/10c
(extra)
'
11-20
$1
30c
450c
5c
common
Cruiri .& Forster, 8'4
11- 1
10-25
20c
...
$1.75
$l.G23/2
12c
$$1.75
(quar.)—i—.
Ltd.
& Seal Co.,
Culver & Port Clinton RR.
11-15
11-15
11-. 1
Co.—
Corporate Investors, class A (irregular) __—
Corrugated Paper Box, Ltd., 7(4 pfd. (aecum.)
Cosmos Imperial Mills Ltd.-- (quar.)_____—
Crown
12- 5
75c
11-15
11-10
25c
Si
25c
50c
_____
6(2(4
12- 1
l2Vi>c
10-20
12-21
—
Continental Telephone
"
$1.75
..
(quar.)—
Paper
$1,25 convertible preferred (quar.)
Gas Co. Ltd. fquar.)
12-15
12-
11-15;
11-15
Consumers
10-31
$1.50
10-20
12-15
20c'
common
ro-20
10-20
11-15
12-1
Consolidated
11-15
12- 1
1-2-45
11-13
11-15
Standard Securities
(special)—
Consolidated Textile Co. Inc. (initial).
11-15
11-15
$1
(quar.)
Manufacturing
Blauner's
$3
12^9
11-14
12-.1
Consolidated
10-31
$25c
•
11-20
11-28
1
Consolidated Steel Corp,
11-15
11- 1
15c
;
(quar.)—
11-20
12- 1
12-25
Consolidated
11-15
12-20
20c
Paper, class A
Packing Co. (quar.)
1
12-
12-23
$1
Bethlehem
1
Co.
12-4
12-23
'
——
Consolidated Diversified
10-27
12- 1"
10-24
12-30
' 10c
Extra
7(4
convertible preferred (quar.)_-__—_—
Crow's Nest Pass Coal Co., Ltd. (s-a)——
25c
(initial)
11-15
11-15
Crown. Drug
12- 1
11-/2
12- 1
11-15
Co,
12- 1
$15c
quarterly)
——
13,-15
10c
(initial
11-) 6
11-15
12-31
Ltd. (s-a)——_$4c
pfd. (quar.)—
55c
preferred (quar.)———,
60c
'
12- 1
1- 2
12-15
7c
$1.75
prior preferred (quar.)
Heminway Co. iquar.)
Company (quar.)
11-24
12-
10c
•
Extra,
Belding
11-10
12-
—
—
11-24
5c
(quar.)—
Bathurst Power &
1
20c
$$1.75
3c
*
Extra
Year-end
25c
$2
25c
(resumed)
of
Barnsdall
Corp.
7(4
Bank
2
11-10
i
(year-end)_
(monthly)
Inc.,
Bank
1-
1
(s-a)_—
Diesel Engine
Automatic Products
15c
—
pfd.
Austin Nichols &, Co., $5 class A (accum,)
Autocar Co., new preferred (initial quar.)—
12-
50c
,
(quar.)
RR., 5(4
(year-end)
Line (Conn.)
Atlas Imperial
12-15
$1.75
(quar.)
(quar.)
Extra
Tide Water
Line
$1.50
$2.50
$1.50
$2
Fe Ry
Atlantic Coast
Beech-Nut
,
(quar.)
7 (0
& Santa
8
50c
.
Lt. & Pwr., S2.50
Power
1
12-
$$1.50
(special.)—
Publications,
11-15
12-
12-1
$2.50 non-cum. pfd. (annual)—_—_
475c
Natural Gas (s-a)—_——__
50c
Extra.———-—————50c
.
10-27
10-23
1.1-15
12-
$5 pfd.
(quar.)——56Vic
Connecticut River Power, 6(4 pfd. (quar.)__
$1.50
Consolidated Biscuit Co. (quar.)——„—
10c
10-16
12-1
11-10
12-12
12-12
12-23
11-10
12- 1
11-15
—
Works,
11-15
4c
$1.25
75c
Connecticut
10- 4
12-15
12-15
10-16
15c
50c
Company
11-1
12-22
Atchison Topeka
(quar.)
Haute- Water
12-22
11-15
1
11-25
,—„—
certificates
(quar.)
Deposit
12-15
683ic
— ___—_—
(quar.)_
Nast
$2.40
8
Appalachian Electric Power-—
4'/2(4 preferred (quar.)___
$1.12V2
Arcade Cotton Mills, common™
$1
6(4 preferred (s-a)___—$3
Argo Oil Corp, (s-a)_
25c
9
■
(quar.)
preferred
Quarterly
12- 1
———_
Tool & Die Co.
Finch Oil, 4(4 2nd preferred
Tonopah
11-30
(registered)
6
11-7
12-
Coniarum Mines,
Anglo-Iranian Oil Co., Ltd.—
Ordinary
9-
11-25
(quar.)—$1.50
Pictures Corp.—
Connecticut
11- 6
Taylor & Renn
Terre
11-
36V4C
Corp.
Swift International Co., Ltd.—
Texas
1
11-15
12-15
Superior
Swan
11-
12r 1
—
Inc.—
Stonega Coke & Coal Co._
Brewers
Studebaker
12- 1
7
3-
'•8-V7
12-23
Confederation Life Assurance (Toronto)—
,
10-17
1
11-24
—
——
Inc.,
—
(s-a)—
.(New Jersey)
Corp
75c
30c
li-17
(quar.).
(quar.)—.
11-20
5c
(quar.)—
Gas, 7(4 preferred (accum.)
Concord
11-17
11-10
11-10
ll-ll
10-15
Armstrong Cork, common (interim)— ______
25c
4(4
conv.
preferred (quar.)—______—$1
—
Silica
12-1
12-1
15(4
common
(accum.)_
1-19
(quar.)
(quar.)—_— '
—"
Extra
$1
75c
(final)———
B
Metal,
Ampco
1st pfd.
$6
10-20
1247
5c
,
conv.
Conde
V
12- 9
.
.12-20
v
Standard
1- 2
4
12-15
"...
Commonwealth Telephone,
11-15
11-.3
12-1
11-30
25c
(quar.)
com.
——
American Superpower,
Atlantic. Coast
Extra
Sterling
Co.
11-
11-15
.
Commonwealth International Corp.
11-15
$3.50
50c
preferred—
non-cum.
American Smelting & Refining,
American Stores
12- 1
1-15
——
Oil
Co.
common—
2-15
Dredging Corp., $1,60 pfd.
Oil
Co.,
12-
RR.—
5(4 preferred (quar.)—;—__________
$1'A
Clayton & Lambert Mfg
._
—;—20c
Clearing Machine Corp. (quar.)_—■
25e
Cockshutt Plow Co. (s-a)
—•
$25c
Colgate-Palmolive-Peet Co., common (quar.)
12Vic
$4.25 preferred (quar.)
—;
$1.06'A
Colonial Stores Inc., common—;;—31 %c
5(4
preferred (quar.)____„_^__;„___
62%c
Colorado Fuel & Iron Corp, (quar.)—25c
Columbia Gas &, Electric com.
10c
5(4 preference (quar.$1.25
Cumnl. preferred 3(4 series (quar.$1.25
$2.75
11-21
11- 4
10-24
$20c
(Detroit)
Standard
Standard
7(4
Building
(increased)
12-1
11-15
11-15
$$1.50
$2
Standard
(Indiana)
American Ship
•
,
Extra
:
Co.
Corp.
________
11-10
12-21
11-10
Extra
Co., ordinary-
Ry.
M,); & Co,
6(4 -preferred series A
11-10
12-12
1007o
preferred (quar.)
Spartan, Mills (quar.)
—
Reduced
American Safety Razor
Y.)
(N.
12-1
Co., Ltd>—
(quar.)
Accident Insurance
Co.
$1.75
50c
75c
$1
(quar.)
11-4
11-10
(quar.)
Ltd.
,
Columbia
11-24
$15c
12-
15c
part,
Standard
preferred
12-23
(quar.)_
11-10
(quar.)™—37V2C
B
Canada
7(4
American Re-Insurance
Anglo-Canadian Telephone, class A
——
—
Greyhound Lines,
preferred
Southern
6ri>
;
10c
Common
1
10-16
12-1
12-
—
.
Sanitary-
$3.50
1
California Edison Co., Ltd.— 4
Southern
6(4
Co..^
Standard
&
12- 1
10-31
12-
4(4 pavtic. preference—
$10c
Manufacturing Corp, (quar.)„„5c
Castings Co. (year-end)
50c
Aircraft
American Radiator
12-1
12-1
11-15
6(4 preferred (s-a)_____
Amsterdam City National Bank (quar.) —
11-24
Sivyer Steel
Solar
.
preferred
Class
9
Ltd.,
Sheller
preferred
American Tobacco,
12-
Investment
Second
Co._—
(quar.)——4—
Co., Ltd., common
(quar.)
—_
American News Co. (bi-monthly)—————..
$3
6(4
11-10
12-10
9 7,/10c
(quar.)
Lead
>•
11-10
11-15
11-15
11-15
11-18
11-18
11- 4
11-15
$1.50
Joseph
(quar.)
12-
11-15
Cincinnati New Orleans & Texas Pacific Ry.—
11-10
12- 8
12-8
12- 1
12-1
12-1
11-10
50c
St,
(quar.)
11-20
——
,
11-15
pfd.
$2
Corp.,
American Metal.
.
1-
_____
————
1
$1.75
50c
62 Vac
75c
25c
$1.50
30c
(accum.)
preferred
$2.50
$1.50 :
(accum.)
preferred
preferred
$7
11-15
i,•;
$1.75
$1.25
11-30
1-1
12-
Common
Foreign Power—
American General
11-15
1
12-
.
75c
(quar,)__
12-13
12-
$S1
Common
10-27 /
10-26*
11-25
11- 8
11-14
lh-15
12- 1
11-15
10-31
I-2-45
12-1
Co.'s,
Pacific
(A.
Cincinnati
11- 3
50c
1
1-1-45
,
-
$6
4
1-2
American &
4
1-
Rayonier, Inc., $2 preferred (quar.)
;
Raytheon Mfg., 6%: non-cum. pfd. (quar.ju
Preferred
12-20
12-*
s
—-
preferred (quar,)—
12-20
$1,25
of Indiana, Inc.—
Public Service Co.
5 'i'o
1-15
1st
Co.
^
Envelope, 7(4 preferred (quar.)—
Export Lines, 5(4 pfd. (quar.) —
American
Power Corp*
6ri
Can
American
(irregular)
Corp.
12-20
Ltd.—/
—
Potomac Electric Power Co.—
1-15
.
12-1
11- 3
11-15
12-20
30c
II-. 1
50c
12-, 1
25c
Chickasha Cotton Oil (quar.)—25c 1 -15-45
.Quarterly
—-*T_ •
25c 4 -14-45
Quarterly ■
25c, 7 -14-45
'•/• Quarterly
—25cl0'-15-45
Chile
Copper Co
"
50c, 11-21
:
20c
—
10-31
1-25
Chicago Wilmington & Franklin Coal
Yellow Cab
:
—
12-15
11-15
11-15
Chicago
12-15
11-15
25e
15c
(quar.)
Line Co.
12- 5
12-1
1- 2
12- 1
1-15
10-31
11-15
'
'$,200
—-
Trust
Investm't
preferred (quar.)
Chesapeak Corp. of Virginia
"
>
1
Champion Paper & Fibre, common (quar.)—
12-1
12-20
11- 8
11-15
12-29
12-15
12-1
11- 9
11- 2
'
Quarterly
10-31
+25c
Oil
Chicago South
Quarterly
(St. Louis)—
Insurance
10-81
11-15
(accum.)i—
Extra
Central
of Rec.
12-21
1
4
11-30
,
Payable
11-
12-15
12-15
25c
40c
______________——,,
Share
,
12-
11-
8
Service,
12-
11-15
V:, .6(4
;
Holders
When
12-27
11-23
12-
(year-end)——
Water
Per
11-15
11-30
$$1.75
50c
$1.75
25c
$2.50
——._—___
"Name of Company
Alabama
12-15
Caterpillar Tractor Co. (quar.)_____——_
Foundry Co., 5r4 preferred (quar.)
Companies
■
10-17
Central
$1.50
$1.75
95c
Allegheny & Western Ry., Co., gtd. (s-a)—_
$3
Allied Kid Co.
(quar.)
25c
Allied Mills, Inc.—
——^
$1
Allied Stores Corp., common—25c
5(4
preferred (quar.)———
$1.25
40c
$5c
t$l
—
Miscellaneous
and
'.■
..
10-^1
11-21
$50e
25c
50c
week, these being given in the
:.-('v;'
Industrial
10-31
10-4
•f
*
11-20
11-14
11-15
12-1
Chain
11-20
12-1
2
12-15
Castle
-
11-20
1
1-
37V2C
$15c
$$1.25
(,quar.)_
1
11-
11-15
10-26
12-
announced
1
12-, 1
$2c
$25c
••
.
12-1
preferred
Canadian
give the dividends announced in previous
The list does not include divi¬
we
Alcohol, Cl. A (interim)
InternatT
11-" 2
1
11-15
Canadian Malartic Gold Mines (s-a)—
f
weeks and not yet paid.
dends
12-
Industrial
Canadian
11-15
12-15
12-
Ltd. (quar.)
Investment Corp., Ltd.—
B, (interim)
Canadian
1
Wuvlitzer
Class-
,
25c
registered
Food Products,
1
v
12-
:
pfd. (quar.)—.
Breweries, $3.40 conv. pfd. (quar.)
Canadian Foreign
'vBstra'"'-;-;—
>
3
12-*
i2-
SI.50
(quar.)__
common
Canadian
6
11-15
11-
12-10
37VaC
62tac
37%C
37)20
il5c
$$1.75
$$1.25
$85c
$62V2c
$50c
$1
$20c
-
(quar.)
Canadian
"
1
42- 5
23,i(4
Canadian Bakeries 5(4
■'■)
& Co. Ltd.—
W.)
preferred
11-15
11-15
Ltd.—
(Holding)
preference (s-a)
;
,
25c
■
Canada Northern Power,
?
11-27
1
25c
$6
12-11
12-27
12-
•$1
common
:
6
,.
■
Cotton Mills (irregular)
Packing Corp., common (quar.)
5(4 preferred (quar.)
California Water Service, 6(4 pfd. A (quar.)
6(4
preferred B (quar.)
1
11-
50c
—
(quar.);
preference
12-
11-15
15c
Co.—
(quar.)
(P.
12-15
25c
Corp—
-
(quar.)_
•
California
11-15
1
12-
$1
Co.
California
15c
(quar.)
Water,
5Va (4
11-24
30c
preferred (quar.)
6(4
Manufacturing
Co.,
preferred
Woohvorth
1
Co.
Paper
>•;,
________
Jackson
Cable & Wireless
1
z,
—____
Co._
Instrument
11-10
11-13
3
.
_____.:
■
Electrical
1
12-
13c
10c
10c
(accum.)———
Co., $1.50 class A pfd. (quar.)
Class'
Insurance
433,4c
•.
preferred
prior
11-15
Inc.-—
(quar.)
(year-end)
Co,
11-15
Pittsburgh Steel Co.—
5j/2%
preferred
Gas
National
11-
Corp.
(s-a)_.
Glass Co.
11-30
11-24
Co.
$1-25
15c
50c
37laci
15c
25c
25c
Extra
11-30
Pittsburgh Bessemer '& Lake Erie RR. Co.—
Plate
Byron
75c
8
1
1
12-
50c
Terminal
11-
1
1212-
,<40c.
Butler
.
12-
12%o
.
preferred, (quar.)—v--—-W
Adding Machine Co. (quar.)
■
i
Concen¬
11-15
■
12-20
Co.,
Snowdrift
Ohio
&
common
11-15
1-
12-
$1.75
■
Cb._
.
conv.
Mining
(quar.');_—————
Mills,,
12-16
11-15
25c
$4
Sullivan
&
Co.
1
1,
$1.75
West
11-25
11-15
11-15
1
12-
7(4. preferred—____
Juice
10-31'
11-25
11-30
11-15
Wesson
&
11-10
Burroughs
Bush
11-20
12- 1
2c
.
$9
1
V/elch
40c
Coal
preferred
Electric
12-
15c
V
units
1
(interim)—
Manufacturing
Pittsburgh
5(4
./
11-15
25c
(quar.)
Buildings, 7(4 pfd. (accum.)
Brothers, 5(4 conv. preferred (quar.)
Common (quar.)
Byers (A. M.) Co
50c
„
12-
.
10-26
2-14
12-15
.
,
—
Extra
11-17
10-27
Oil
Hill
trating
11- 4
12-14
$1.12Vz
(quar.)
—
& Coke
Pennsylvania State Water, $7 pfd. (quar.)_
Peoples. Drug Stores, Inc. (irregular)———
6t0
$1
1
2
2-28-45
$1.25
(quar.)
Machine
&
Burlington
•«''
—
Corp—
11-
11-10
Grape
11-15
;__;_™_—_™_/.8c
Die
Bunker
;
6
12-
20c
Common
12-21
11-13
1
Co
Extra
3
11-15
75c
(year-end)______
Wilsil
—
Mulliken
$1.75
Waverly Oil Works Co.
.1-2
preferred
Dodge
11-
10-16
,
25c
25c
com.
(quar.)
Ltd.
(quar.)
Peppered
11-21
11-
Buell
Manufacturing—
preferred
Wheel
22»/2c
Railway &
Western Utilities Corp.,
—
Mines,
Pettibone
75c
12-
I
—
(quar.)_
Co.
(quar.)-.
common
(quar.)
& Power,
Porcupine
Pennsylvania
Phelps
Washington
11-
£$1.50
(quar.)
Light Heat
11-20
11-20
25c
Corp
11-10
—
—
Manufacturing
1%
11-30
(Edward G.)
$5- prior
11-15
12-1
$1.75
(Northam)
11-20
Insurance
preferred
5
$1.50
(Wm.), 794 preferred (quar.)
Corp., $3 pfd. (quar.)__
12-15
12-16
11-10
(quar.)_______
Manufacturing
Warren
,
—
preference
Pacolet
Paton
Vogt
Whitman
8
11-30
2
9
7(4 pfd. (quar.)
Vanadium-Alloys Steel Co. (reduced)
Virginia Coal & Iron
11-
T-
12-
Universal Winding Co.,
11-20
1
1
12-
Budd
$1
8
1
1-
12-
50c
Brown Fence & Wire, $2 pfd. A (irregular) _
$1
Bruck Silk,Mills
(quar.)-—$10c
!
11-
1
8
12-21
10-31
12-15
11-20
12-
1
12-
$2.50
$3.50
$$1
(interim)
11-
12-31
11-16
2
4
12-
11-15
11-13
4
12-20
1
1-
11-
Chemical
11-25
1
1-31
$1
11-15
62 V2C
Corp., commonpreferred (quar.)
___.__.__.;™.
Vick
11-15
preferred ;,(s-a)
Budd
United Stockyards Corp.
(year-end) ________
United Wallpaper, 6% prior preferred (quar.)
Universal Consolidated Oil Co. (year-end) __
11-13
50c
50c
6834C
11-25
12-
3c
50c
11-3
1
10-31
11-
(quar.)
12-
1
3
12-
11-20
12-18
&
Steel
7(4
11-15
4
$2.75
Traction Light & Power,
Brookside Mills (resumed)
Ltd.—
common—
Inc.,
conv.
12-15
30c
preferred (quar.)
Manufacturing
5(o
1
12-30
(quar.)__
preferred (quar.)•___.,„
Bower,Roller Bearing (year end);.
Brandon Corp., Class A (accum.)_
7(4,
12-20
22 V2C
:
Lithograph Co*—-'
preferred
William-sport
(quar.)
pfd.
4V2(c
Tube,
B'Gosh,
Pamour
12-
Card
Western
—______
Extra
Ottawa.
Printing
11-10
—
Life
State
Oshkosh
Playing
S.
11-10
:
Co.,
prior
.
S.
U.
S.
1-15
■'
1
_
_
Ohio
$1.75
U.
11-15
5(4
Special
Bourjois Inc.,
(year-end)
11-15
12--
717/sc
75c
Insurance
(quar.)
Co.—
.Extra
Ohio
the SEC)
Light & Power Co.,
preferred
6to
Ohio
B
3
1
12-30
.'12-11
2-15-45
16c
V/2%
Casualty Co., 45c conv. pfd, (s-a) —
U. S. Electric Light & Power' Shares Inc.—
Series
Boston Woven Kose & Rubber Co.
11-15
Brazilian
(interim)
$2.25
$1.25
11-30
—____/
—
11-10
2
10-31
12-15
75c
(quar.)
1
1-
of Rec.
11-15
'
1-15
$75c
Holders
,
Payable
$1.25
Brass—
12-1
(quar.)
U. S.
11-15
12-
When
1,
Share
(accum.)
&
Boston Fund Inc.
Ltd.—
Co.
Ordinary registered
10-26
11-27
75c
sh. of Pacific, Gas &
each 100 shs. held
Life
preferred
12-11
12V2C
—
10-18
1
preferred
preferred
1st
Aluminum
Per
'
7(4 1st pfd. (accum.)_
(accurn.) ______________
Co.,
$1.25
$25c
11-15
$1.27V2
(quar.)—-
Nat'l
Northwestern
A
$1.50
'
approval of
(quar.)
(subject, to the
class
11-20
Nonquit Mills (year-end)'—.—
North American Co., common—
5a4(<>
11-24
6(4
$1.50;
____——_
Participating shares ———:
—
New York State Electric & Gas—-
11-
Investments—
United Molasses
Shipbuilding Corp.—
New York
Bohn
$1.12%:
pfd. (quar.)
conv.
11-17
37M>c
.
1
1st
7(4
12-
$1
Ltd
Share
11-17
——_--—$1.75
preferred iquar..)——
—
•
$1.25
6',0
11-15
Corp., 5 (4
&
United Fuel
11-15
9
7(4
12- ,5
12-15
C.)
(H.
$10c
11-18
12-
Common
$5
1
11-25
12-15
$1.75
___
11-18
1
7
10c
is-a)
Association
12-15
$$1.50
Queens Elec. Light & Power Co.
&
1
Ltd.—*'■"
Canada
Western
(s-a)———
Light (quar.)——,
Gas
Britain
New. York
_______
United Bond
U.
$2.50
30c
$26
25c
25c
50c
25c
25c
———-——
—-
of
Products
6'Z
New
Corp
(year-end)—
Inc.
(quar.)——
Natomas Co.
Neon
V
(quar.)—
Refining, $6 prior preferred
—
Tea Co.
(resumed)—
—
United Aircraft
11-18
12-15
90c
50c
Products
Dairy
National
United Air
11-18
Bohack
(-I
0) Company
Name
0} Rec.
11-25
7
12-
$66c
(quar.)
Railway Co. (New Bedford)—
Lines Inc., 4'%(4 pfd. (quar.)_„
11-15
12-
.'
Holders
Payable
$$1
Street
12-15
>
Share
(interim)
common
Corp.
1
12-
25c
Narragansett Racing Association (year-end)
Nashawan
Mills
—_____—_______
Nashua Gummed & Coated Paper Co. (irreg.)
preferred
1
11-15
5®c
-
—___________
—
Union
12-3
$Z
preferred (quar.)
Muskegon Motor Specialties—
:
11-15
12-
25£
8'/o
Works,
Water
Muncie
Troy & Greenbush RR,
12-
lc
...
Trans-Lux
10-31
12-
Jn
(S-a)-———-
5'A'i'o
11-15
12-1
$1-50
——
—
Producers Corp.
Mountain
11-15
12-
,
—
1
12-
Developm't Co
Mining &
Mount Diablo Oil
Ltd.,
1
12-
25c
common
(quar.)—
Carpet Mills Inc.——_____——---
preferred
Elevators,
12-15
preferred
(quar.)_____ _______——■ $1.27Va
5 Vz ',p
preferred (quar.)__~__________—;
$1.37 V2
6'/<i
preferred (quar.)—_ ' l_
$1.50
5(,<;
Toronto
12-
$5.10
Missouri
Name of Company
of Rec.
11-24
12-
12-15
When
Per
Holders
11-15
4(3
$1.25
.
5pfd. (quar.)
Minneapolis Gas Light Co.,
8
12-
Mead
$2
Monday, November 6, 1944
THE COMMERCIAL & FINANCIAL CHRONICLE
2002
—
—
pfd. (quar.)
:
—
12-15
12-15
35c
$19.50
11-10
11-15
10-27
25c
50e
10-31
11-15
9-30
11- 6
50c 2-15-45
; 50c 5-15-45
59c 8-15-43
2-5
'
5-'5
8- 6
Volume 160
'
.
Per
Payable.:
&
Reynolds,
class A
(quar.)
'
-Extra-.
57n
•
(quar.)
preferred
partic.
preferred
Dotoie
Mines
Mo
preferred
Dominion
5(7-
preferred
Dwig'ht
East
Jacksonville
y.\
11-25
10-31
Joy
$87%c
:
$50c
$15c
—4,.
(year-end)
:
12(40
50c .:
11-
11-
1:
(quar.I
$5 preferred
A
E)(-Cell-G
Corporation
Fairbanks
Morse
Co.
&
(quar.)———,
11-20
10-31
Aviation
8c'
(quar.)
U-29
l!
11-10
11.-17
-11-30
4-1-45
17-17
$1.25
12-30
12-15
(s-a)T—.
(quar.)
;■'■A)'
3-17
preferred
(quar.)
—v
—
Woods Milling,
the
of
common
(Richmond,
Tourneau
$4.50
(R. G.),
preferred
Liberty Loan Corp., $3,50 pfd.
Life Savers Corp. (year end)
11-15
10-16
Liggett & Myers Tobacco, common
20c
11-15
10-16
Rubber, 4(4(7 preferred—
$1.12(4
Corp., 7% pfd. cl. A (quar.)_ V $1.75
12-. 1
11-15
Lindsay
Power
7'i
preferred
conv.
Class B
;
■'
—
12-1
11-15
12-1
11-15
50c
12- 1
11-14
Co.- ■——75c
11-15
11-6
Inc.—————10c
Manufacturing (irreg.)____——.
15c
11-15
11-15
11-
10-21
$2
12-
1
10-26
Gellman
General
20c
12-
1
10-26
Industries,
Aniline
Common
Full
&
Film
Corp.,
cl. A —;
com.
class
of
details
found on
optional
6(4 (7
$1.75
12-1'
General Finance Corp.—'.''.'
"
-•
Pipe,
Common
11-13
B
___ —
Gerrard
Goebel
<S.
Brewing
(quar.) ——J—:
-
■
(initial quarterly)
Goodall-Sanford, Inc.
%
11-15
11-30
12-12
'■■■
$1.50
25c
5c
37 (4c
(quar.):.——————c._
Goodyear Tire & Rubber Co. of Canada—
preferred
Common
'■
4
Newport
U-30
U-18
11-1
Louisville
Common
Lynch Corporation
Lynchburg Si Abington
12-
11-15
■
,
preferred (quar.).——
Brewery—
Western
34%c,$1.75
Stores
Brothers
Co.
■
(qufir.)—...
12- 1
1-2-45
81c
88c
4
?
12-1
11-15
Co.;
Madison
Magnin
(I.)
Mallory
4*4(7
11-14
preferred
Manati Sugar
12-23
Manhattan
,12- 1
$1.12%': 2-1-45
50c
12- 9
$1.10
$1»
,
U-15
Marconi
U- 8
Amer.
Internat'l
,50c
10c
U-15
Extra
11-15
McKesson
50c
11-15
10-20
Hayes Industries, Inc.-.:.—25c
Hayes Steel Products Ltd. (interim)-——$50c
11-24
11-
$1.50
(quar.)..
preferred
class A
(quar.)
(quar.).-
:
75c:
50c
:
.
Extra,_.u———I-...;,:.10c
Class
B
(quar.)..^.—
Extra
,
6.(7
—:,:'1
———
11-1
preferred
Helena Rubinstein.
0'"'...
Hercules Pbwder Co.; 6(7 preferred (quar.)_
Hershey Chocolate Corp., common (quar,)—
$4 convertible preferred
(quar.)-——_—4
Hibbard Spencer Bartlett & Co. (monthly)—
.
$1.50'
:——
...
(Edward)
Special
Holt
Immber,
(Henry)
A
$4.25
6Co
Horn
.
7(7
"
& Co.—
(clears
preferred
all
preferred
C.)
(quar.)—
5 (4'7
Howey
Gold
Mines,
Ltd.
$1.31(4
———
—
'
Welfare
12-30
20-25
62(4c
12-
1
11-
$1.37(4
12-
1
3%
12-
11-15
10-31
1-2
12-15
11-15
11-
U-15
10-31
preferred C
9-22
$1
Steel (year end)
Institutional Securities. Ltd.—
Aviation shares
;
12-
1
II-20
$1.50
12-1
11-
$150
12-1
11-10
6
(quar.)
U-10
12-
1
$1.75
U-15
11-10
12-15
:
(quar.)
.
U-15'
U-15
U-30
U- 1
11-18
12-11
11-17
12- 3
12- 3
11-15
-
>
International
Educational Publishing
preferred (accum.)
;
■
50c '
12-
1
10-31
lc
30c
12-15
10-16
(accum.)
Wheel
(year-end)_____
7(7
Gear,
Water
pfd.
(quar.)_
(initial)-—,
Common
2-10
5-12
$1.75
9-1-45
8-11
$1.75 12-1-45
11-10
$1.50
11-15
Muskogee
6(7
Co.,
6(7
preferred
preferred
;
(quar.)
12-1
of America—•
(quar.)
Potash
Co.
America
of
12-28
12-21
Chattanooga & St. Louis Ry.—
Year-end
—_—„___
$1
12- 1
11- 8
U-15
10-16
12-1
11-
2-5-45"
1
12-20
1-15
$1
8
20c
12-
1
U-10*
12-
1
U-10*
12-
U-25
U-15
12-
1
11-13
1
,11- 3
1-15
1-
2
2 % (7
12-
7
10-17
$1
12-
1
U-20
______
Gamble
Service
Co.
Co.
erf
$5 preferred
1
11-
1
12-
5
U-15
12-
5
U-15
11-20
12-
1
12-
100(7
50c
(quar.)___u.___
1
U-15
U-15
U-15
10-25*
Colorado—
preferred (monthly)
preferred (monthly)
preferred
ii-
11-20
25c
60c
dividend
&
(monthly)
Public Service Corp.
6(7
—_.
dividend
12-
41%c
1
11-15
50e
________________
12-
1
U-15
58MiC
12-
1
U-15
of New Jersey—
(quar.
$1.25-
________
U-15
U-15
10-13
50c
12-15
$1.75
12-15
U-15
$2
_____
12-15
50c
preferred (monthly)
preferred (monthly)_______
preferred (quar.)
preferred (quar.)________
12-15
11-15
12-29
U-29
U-15
Public Service Electric & Gas Co.—
$5 preferred
7(7
(quar.)
preferred (quar.)„____
Puget Sound Power
Purity
—"
Year-end
$1.75
Quaker
State Oil Refining,
Quebec
Ppwer
4(7
(quar.)
(quar.)_____
Ltd., 6%(7 pfd. (accum.)
$4.50 preferred (quar.)__
(interim)
&
common
Reynolds
(R. J.)
Common
Rheem
(irregular)
Manufacturing
preferred
11-15
12-15
U-29
U-25
10-25
1
12-15
12-
50c
12-14
11-22
11-
9
10-11
1
11-
40c
$$3.25
$1.12%
30c
12-
12-15
1
2
U-30
1-
2
12-11
1-
2
12-11
3c
U-15
11-
1
U-15
11-
1
12 %c
12-30
12-21
Tobacco Co.—
series
(quar.)
10-25
11-15
10-25
25c
12-15
11-24
35c
Co.
E
U-15
35c
(quarterly interim)
(quarterly interim)
(quar.>
Rochester Gas & Electric 6(7 pfd. D
5(7
U-15
11-
68 %c
(resumed)
(quar.)
Brothers,
1
11-29
25c
preferred A
Reymer
12-
$1.50
37 %c
1st preferred
Republic Petroleum Co., com,
5*/a %
1
125c
common
(quar.)
Common
10-20
12-
25c
(quar.)
(quar.)_
Electrotype
Common
U-29
U-15
■
65c
preferred
6(7
Co.
12-29
30c
—
—
Oats
Co.,
$1.25
40e
Quaker
Rapid
_____
&; Light
Bakeries Corp
Class B
$1.50
21-15-45
10(7
Meter--,
11-10
12- 1
6-1-45
4
35c
10c
____
Equipment
Remington Rand,
3-1-45
11-
10c
(quar.)
Pittsburgh
Regent Knitting Mills. $1.60 preferred (quar.)
$1.75
10-26
12-15
U-15
Pitney-Bowes Postage Meter Co,—
Reliance Grain Co.
$1.75
U-15
1-1-45
35c
20c
$1.33%
11-15
$1.75
.
25e
:
12-
—____
11-21
40c
Co
common
U-20
preferred (quar.)____
$7 preferred (quar.)_,
$7 preferred (quar.)
11-3
1
50c
common_
12-11
preferred (quar.)
1
1
12-
$1.50
Co.,
____.
12-20
$7 preferred (quar.)
9
12-
t75c
(quar.)
50c
1
12-
$3
50c
common: (quar.;
30c
v
1-9-45
tic
10c
Mullins
Fuel Supply (irregular)
Manufacturing class B (special)
U-20
__
Mountain
:
Nashville
Co.—
preferred
Pinchin, Johnson & Co., Ltd.—
Amer. deposit rets for ord. regis (interim)
Pioneer. Securities Corp; (irregular)
Reading Co.,
1c
—_____——
Mutual Chemical Co.
*
Mills,
preferred
7(7
12-15
$7
8
Assn.—
S4
8(7
1
1
(year-end)
common
Governor
Pillsbury
11- 3
75c
...
Ltd. common
Extra
Pierce
10-30
12-
12-
Ltd.—
U-
1
$2
U-20
1
11-30
.
1
12-
12-
.
10-20
12-
$1.37%
__________
preferred
6(7
■
10-31
U-15
25c
25C
U- 4
U-15
11-15
75c
.
Co
U-15
11-10
3
31 %c
.
(quar.)
Phillips Fetroleum Co. (quar.)
$3.25
11-10
10-31
Brewing
6(7
12- 2
1
10-31
11-15
$1.25
Pfeiffer
12-12
12-15
11-
U-15
34%c
»
U-20
25c
12-
11-10
37 %c
_
(quar.)
1
11-22
12- 1
1
12-
12-
J$1
11-
$1.75
7 (7
$2.25
U-15
1
$1.10
6(7
$2.25
10-30
12-
&
5%
(s-a)
11-21
U-15
Machine
11-1
A
11-21
12-20
U-25
Pennsylvania Electric, 4.40(7 pfd. B (quar.)
Gas Lighf & Coke Co .(quar.)_____
12-15
1
Y.) (quar.)
12-20
75c
$1.25
_______
(quar.>__-__^______________
A (quar.)
Ltd.,
1
Perkins
12-15
(s-a)
35c
Peoples
12-1
(year-end)
preferred
class
1-2-45
(s-a)
Cottons,
$1.40
Pennman's
1-2-45
$4.50 pfd.
B
6(7
Co.,
Grinding
$1.75
$1
10-16
'■
■,
1
$7
Loan
Inland
$3.50
1- 2
12-4
Ltd
Co.,
Quarterly
2
10-31*
11- 1
Corp._____25c
10-16
ll-15
(quar.)
Telephone,
(year end)..—$1
Mount Diablo Gil Mining & Developm't Co.—
11-2
11-20
1
1-15
12-15
——
12-20
11-20
U-
1-2-45-
,
4
11-15
40c
Imperial Chemical Industries, Ltd.—
■Ordinary shares (interim)———__
Indianapolis Public
Quarterly
Ingersoll-Rand Co.
11-
25c
—_
12- 1
$1
7(7
12-211
25c
11- 3
U-15
11-30
Moody's Investors Service, $3 pfd. (quar.)_
75c
Motor Finance Corp,
(quai'-U—25c
Motor Wheel Corp
30c
11-16
12-30
(R.)
Service
preferred
Common
10-31
12-1
Public
Montreal
U-16
$1.75
—_
$4
12-U
12-
6834c
—_
$4.50
11-10
12-11
1
U-15
12-1
Inc., $1 prior preferred
Monsanto Chemical,
U-15
10c
$1.50,
,
Illinois Power Co., 5(7 preferred
5(7 preferred (accum.)—
Illinois Zinc Co.,—
■
Hart,
Mitchell
^Ll-15
tic
(interim)—
Hudson Motor Car (quar.)———L
Hummell-Ross Fibre Corp., S%, pfd. (quar.)
Hussman-Ligonier Co., 5f4 (7 conv. pfd. (quar.)
Huston
(Tom) Peanut (quar.)__
Huttig Sash & Door, 7% preferred (quar.).
3,daho Power, common (quar.)__—
&
Missouri
10-28
1
,12*1
1
1- 2
10-27
3c
11-
U-15
;
class A
Public
8
12-
12- 4
Co
U-15
t$1.75
.
$1.40
12-15
3
21 (4c
U-10
pfd.
Peninsular
1-2-45
'11-
Miller
12-
,
11-10
12-1
(N.
6(7
Peninsular
$1.50
$L50
Minneapolis-Moline Power Implement Co.—
$6.50 preferred (accum.)
Mission Corporation ______________________
11-15
1
(accum.)
Co.
Coal
Stock
6
Abrasive
11-1
$1
$25c
(quar.)
Stow & Wilcox
Procter
U-
12-
11- 1
12-
Peck,
11-15
Mid-West
45c
12-19
U-15
Peabody
12-15
U-15
U-15
12-1
(quar.)
preferred „ (quar.)
U-15
1
8%,c
1-2-45
$5.50
Interim
12-1
12-
10-31
1
12-
$1.50
Paymaster Consolidated Mines,
12-1
1
10-31
U-15
$3
(year-end) 1
Mfg.
Electric
preferred
1-2-45
12-
$1.50
5(7
25c
Mid-Continental Petroleum
U-15
$1.50
Pacific Lighting Co.. common (quar.
Parkersburg Rig & Reel, common„________'_
$1.50
I-16
10-28
—.
11-28
$1.62%.
U-15
11-15
(quar.)—
11- 3
12- 9
$1.75
common
(quar.)___
preferred (quar.)
6(7 pfd. series of 1940 (quar.),
$6 junior preferred (quar.)._.._____.____
7(7 preferred (quar.)
common
Insurance
&
preferred
Stock
U-15
12-30
partic. pfd.
U-15
$1
(quar.)_
12-1
50c
(quar,)—
Stores, common (quar,)
preferred (quar.)
12- 8
15c
pfd,
lr26-45
—
(quar.)—.
5(4(7
11-10
37%c
12-12
Co., common (quar.)—
Co., 6'4
Gas
U-15
(quar.)
11-24
50c
.
50c
&
Philadelphia Suburban
(quar.)
12-22
40c
$1.06(4
common
Fire
Pacific
25c
6(7
■
Paper,
Pacific
1. :
Communications
Inc., 7(7
Products,
Marine
11-
_
10-27
2
preferred (quar.
11-1
26%c
15c
11- 8
6(7
11-17
2'.4(7
11-22
1
preferred (quar.)_____
Elevator Co., common (year-end)
U-15
11-30
—
11-24
■
Otis
Steel
$5 preferred
1-2-45
10-28
1-
.
Oxford
11-3
10-28
U-15
12-
Co.,
11-20
11-10
Michigan Public Service
10-25
preferred A
1
8
12-15
11-15
59 %C
quarterly)
(quar.)
12-
11-15
12-30
1
Glass
40c
Merritt-Chapman & Scott Corp.—■
6%(7 preferred (accum.)
3
(increased
Owens-Illinois
$1.50
(quar.)—,
10-25
$12.45
prior preferred
Howard
11-
'''v
'
4%(7
Okonite
10-10
(year-end)
11-14
30c
arrears)
(quar.)
(George A.)
(A.
common——:—
Common
11-20
11-
12-15
Oklahoma Natural Gas Co.—
12- 1
11- 4
12-15
2
I25C
7(7
U-15
U-20
1-
$$1.75
pfd. (quar.
12-23
11-15
1-2-45
U-20
1
12-
iquar.)
Ontario
12-12
1
12-
25c
12-12
35c
Frank, Inc.
U-10
12-
12%c
12-22.
40c
(s-a)
Mercantile Stores Co.
U-25
1
7V4c
B.
Common
10-16
50c
,
(quar.)———
Co.
Hooker Electrochemical,
Hormel
Meier &
11-10
12-15
37 %c
Ogilvie Flour Mills, 7(7
12-20
15c
———-
-
62*/4c
Co.
U-15
1-5-45
Corp.—
11-15
50c
$3
(quar.)____
11-20
U-15
(quar,)-^
Telephone
preferred
11-
1
87 %c
pfd. (quar.)
11-30
1-2-45
11-15
11-15
$1
——————25c
(Charles E.)
Class
5(7
:
' 11-15
75c
Monthly
Hires
...
Meadville
;
Class
12- 1
$2
7(7
10-21
$1.75
(quar.)
6
12-
35c
10-31
$1.62%
—
& Rubber Co.,
Corp.
50c
$1.50
25c
$4 preferred
11-22
11-
$1.75
6(7 preferred (quar.)
Ontario & Quebec Ry.
(s-a) _______________
Ontario Silknit, Ltd., 7(7 preferred (accum.)
f$l.ll
Robbins,
'10-25
$1.50
(quar.)
Irregular (subject to approval of SEC)
7
(s-a)__
15c
Monthly
Hines
<,11-20
See ""Rubinstein,".
25c
'
&
9
25C
common
Quarterly
11-11
& Ins. (quar.)______
87%c
(quar.75c
McClatchy Newspaper. 7fe pfd. (quar.)
43%c
Mclntyre Porcupine Mines (quar.)
J55%c
6
Tire
Norwalk
11- 4
May. Department Stores
.Common
(accum,)-.—————
11-
1
12-1
Massachusetts Bonding
'
Havana Electric & Utilities Co.—
6(7
12-
preferred
Outboard
deposit receipts (ordinary) (interim)
U-15
■
preferred
6'y>
Calif,
12-1
1
12- 1
$1.25
Marine
6
12-
25C
1
______
7(7
11-25
(quar.)_-
—
11-16
11-
$1
Co., common
(quar.)___
(irregular)
Northwest Bancorporation (year end)
Northwestern Public Service, 6(7 pfd. (quar.)
1-15
10c
Extra
12- 1
12- 1
12- 1
r,;
of
Northrop Aircraft,
11- 7
11- 7
12-
Water
$4 prior preferred
11-25
12- 9't
$1
$1
_____
(quar.)
12-16
25c
.'
(initial
Co.
U-20
15c
(quar.)
(quar.)
Ogden
(quar.)_
Co.
Shirt
Co.
12-15
11-15
25c
(P. R.V common
11-10
Oil Co,
Northeastern
1-15
10-21
9
12-
$1.25
end)_______
(year
Consolidated
Insurance
11- 4
,
(s-a)
11-15
1
$2.50
12- 1
(quar.)———___
& Co., common
& Co., 6(7 preferred
11-13
•
U-15
Hancock
Oil
(quar.)
•
1-2-45
Garden___.__
Square
12- 1
11-15
Co.,
Hammond .Instrument.
Aviation
American
River
25c
Telephone
(quar.)
preferred
1
2-
11-10
$1
O'Connor, Moffatt & Co. $1.50 class AA—
(R. H.)
12- 1
Watch
Hamilton
common
non-cum.
Macy
11- 9
'
25c
—:
$5
^11- 9
end)75c
(year
American
North
Action deferred Oct. 24, 1944.
10-31"
12-16
,
Macmillan
4
11-
11-15
11-15
11-15
;
.
,
Brothers
90c
$1.75
25c
$1
11-
12-
$1.25
North
.
1
11-16
50c
(quar.)
Nu-Enamel
end)
(Phila.)
preferred
1
Western Ry., adj. preferred (quar.)
&
Common
North
12-
■
preferred
11- 4
25c
Lukens Steel. Co.
12-15
115c
$5
II- 4
________________—50c
12-15
■
(year
Co.
6(4(7
Cob
12-15
Northern Ry.,
Halle
RR.
12-31
5(4preferred (quar.)
Griggs Cooper & Co., 7(4 preferred (quar.)—:
Gulf States Utilities, $5.50
preferred—,
$6 preferred .—'
Hale
Nashville
&
12-31
Consolidated
Mining,: Smelting
&
Ltd.
(s-ai——_____iJL
Graton-& Knight, $1.80 prior pfd. (s-a)
7%
prior preferred (quar.)——.
Great Lakes Dredge & Dock (quar.).—
Common
12-20
12-12
12-12
25c
(s-a)____
$1.25
__
50c
12-31
Power,. Co.,
6
U-15
Series
U-10
(quar.)—
1st preferred
Ltimbermans Insurance
Granby,
Qreat
6(7
Taylor,
163c
■
Griesedicck
&
1$2.50
————————————
6
11-
Industry
(J. J,), 5(7 preferred A (quar. 1
News Shipbuilding & Dry Dock-
1
________
(quar.)——v: t62.%c
(quar.)
11-
U-25
Tobacco
11-20
Extra
Lunkenheimer
Extra
5preferred
U-25
14c
Industry Series—
Newberry
12-
$1.25
Lord
U-15
17c
Steel
'■
11-10
11-10
preferred (quar.)
Louisiana Ice & Electric Co.
11-15
6
12-5
10c
11-20
11-20
11-
U-15
75c
(Mo.)
11-10
12-15
$1.25
Lumber
Participating
1
,12- 1
12-15
Goodyear Tire & Rubber, common—u1—50c
85
11-
11-25
11-14
$21-2
Long-Bell
-
6
12c
10-21
11- 1
Long-Bell Lumber Co., $4 pfd. CI. A (accum.)
Longhorn Portland Cement—
■■>';".■
11-
11- 1
12- 1
12-1
12-1
(quar.)
1
•
U-25
...
11- 9
11- 9
_________JaiL—
1
;
6
14c
.
12- 1
12-1
(monthly)-.—...
11-10
(accum.)—.
A.), preferred (s-a)
6
11-
12-25
tl2'/4c
11-
preferred
6
11-
U-25
12-1
$25c
*25c
11-
6(7
11-
U-25
5C
Series—
Utility Industry Series
12-14
—_
11-15
5^
U-25
13C
Series
Industry
50c
I' QVo preferred (quar.)
General Steel Castings Corp.—
$1.50
12C
11- 4
•
11-23
11-23
11-15
—
1
871/2C
$1.10
preferred class A (s-a):——25c
6(7 preferred class B (s-a).
30c
General Outdoor Advertising, class A..——
$1
,5(7
6
10-16
B
common
preferred
8(7
11-10
and
(monthly)
(monthly)
Common
-
11-
U-15
(quar.)..
stock—.—
class A
on
Joint
Lock
1735 (Oct, 23rd issue).
General Cigar Co., 7 (1 preferred (quar.) ___v
U-25
U-15
Groceterias, class A (quar.)
B (quar.)
^
Extra
page
6
9c
Equipment Industry Series„_____
Chemical
&
original
Class
will be
feature
11-
1-2-45
Liquid Carbonic Corp. common (quar.)
—
4Vz rh ..preferred (quar.)—
Little Miami RR., special stock (quar.)_.._.
1
11-25
25c
$1.12,/2
Co., common (quar.)
preferred (quar.),
Loblaw
Wood
_——•:%;>
*
6
14C
$1
(quar.)..,
class
and
common
on
Light
$3.30
(quar,):
Ftecport Sulphur
Gamewell
——————
11-
Railroad
(quar.).
Extra
87%e
(quar.)
U-25
Series..__„..____:
12c
Link-Belt
Newark, N. J.—.4
6
6c
Stock
50c
$1.6214
10-16
———
6
11-
15c
11-10
of
6
11-
11-25
Series
-
(quar.)
12-, 1
Co.
11-
U-25
Insurance
Va.)—
Inc., common (quar.)
11-15
&
11-25
15c
Series_____
Railroad
(quar.)——_
11-15
_
Tire
6c
lie
Industry
Industry Series__
Food
1
75c
Mines
12-15
Florida
-
Gold
$1
Semi-annual
6
Norfolk
(year end)
Cement, 4(7 pfd, (quar.)„_
50c
Firestone
Gar
preferred
$1.50
Firemen's Insurance
6
6
U-
11- 3
11- 3
Federal
Extra
1111-
12-1
12- 1
Le
25c
U-25
U-25
U-25
7c
Public
12-1
6
4c
f30c
J$1.75
...i
6
12c
Oil
11-30
—
Series,
Business
Metals
9 /
_
Stock
11-
Electrical Equipment
:
10-20
12-
(year-end)-.
Philadelphia (s-a)
Bank
12-
Building Supply Industry Series
Equipment Industry Series______
Chemical industry Series—
1
11-
Leitch
of
6
11-20
Lehigh Portland
Co.
11-
U-30
11-30
Works:——————
6
11-25
U-15
12-16
&
1
27c
11-30
9
J.)
11-
11-
5c
12-
Screw
11-15
11-
10c
common.__.
:
12-30
(J.
11-20
1
U-25
11- 1
5Ye
preferred
(s-a)—:—75c.
Federal-Mogul Corp.
(quar,)_—30c
Extra, '•
Li.—A; 10c
Association
12-9
1
U-25
11-15
(quar.)
12-30
Fire
11-10
$1
.
Machinery Industry Senes______,_
Merchandising Series
25c
Felin
$1.62%
11-
U-25
1-15
11-30
—
1
12-15
2
6c
2-1-45
50c
-
1-
U-15
UC
$1.75
.
62V4c
,
12-
$2
10c
$2.50
.
11-18
17c
12-15
participating preferred (s-a$3
LeatH & Co., common.^ ( :
10c
3-17
:
1
12-15
Series,___________
2
1-
(quar.)!
4-2-45
25c
12-
$1.75
Dist.
U-10
Lehigh Coal & Navigation
(quar.)
common
1
$1.12%
Industry Series__:__
Industry Seriea..„__,_________
Industry Series..:,—
&
11-15
11- 6
12-16
Shops,
12-
50c
12-1
6(7
12-18
9
2-
(quai\)___________
U-25
12-16
Bake
Extra
.
11-
1-
Co.
12-14
12-30
Federal
1-2-45
1
$37*/4c
preferred (quar,)__
(year-end)___________
Co.
Brake
50c
$1.50
(quar.)
Heater
York Air
15c
(quar.).
12-30
12-27
12-27
(Syracuse; N. Y.)
(quar.)$2.50
Quarterly' —————.i——::i—$2.50
9
12-
(quar.)
10c
preferred
1st
Lawyers Title Insurance
■;■
.
11-
$1.07
15c
& Co.,; 6(7 :special pfd, (quar.)
preferred (quar.)
Landis Machine, common
(quar.)
25c
4, 7% preferred (quar.)___.._.i.——
$1.75
Lane Bryant Inc: (quar.).25c
Lansing Company, (quar.)
30c
Lanston Monotype Machine (year-end)$1
Laura Secord Candy Shops (quar.)
|20c
11-4
12-
'■
(quar.)
Jersey
Alcohol
11-18
11-18
7(7
12-2lv.
.Extra
preferred
11-10
8
York Stocks, Inc.-—Agricultural
Industry
10-31
U-29
5c
'
Extra
Lake
11-30
75c
$7(4c'<
,
Fansteel Metallurgical Corp., $5 pfd.
Farmers & Traders Life Insurance
11-20
Creamery) Co., common—10c
Extra
8
12-
15c
3c
Extra;4—__■:
■Falconbridge Nickel Mines Ltd; (interim)—.:
Falstaff Brewing, .common
(quar.)_i.____.__:
•Laclede-Christy Clay Products,
11-30
11-1S
U-15
12-
25c
preferred
8c
Fund
preferred
Kysor
12-15
15c
20c
Automobile
7.(7v 2nd
11-30
12-15
12-
Meter,
1
12-13
(S. H.)
6(7
11-15
15c
'*•••
12-1
Extra
1-2-45 ;, .12-14
25c
8(7
10-31
12-30
Service—,,
Neptune
12-
Extra
12-14
12-22
12- 1
National Linen
12-1
12-15
12-23
Kress
(quar.)—65c
12- 5
U-15
12-10
preferred cl. A (quar.)
$1.50
25c
Kroger Grocery & Baking, common
1.
12-15
12-15
$1.50
preferred (quar.).,—.—:—
& Co. (quar.).:.
10-31
12-15;
15c
(quar.)
Emil)
(D.
60c
75c
New
12-14
(quar.)_.—______—$1.25
National Gypsum Co.,
National Lead Co., 7(7
U-10
10-17
12-1.,'
11-21
11-21
.
11-14
$1.75
pref. (quar.)„
$4.50 preferred (quar.)
12-9
8
11-17
11-29
_______
quar.)
12- 9
11-
1
$1.75
$1.50
11-25
Knudsen
.
Ltd.,
(G. R.), $5 prior preferred (accum,)$1.50
Manufacturing Co.—
non-cum.
10-31
Corporation, $3 pfd. (accum. u:
75c
Erie Railroad Co., common—50c
Certificates of beneficial interest::——
50c
National Grocers,
(initial
Zinc
40c,. 11-15
$1.25
1-2-45
$1.37(4
1-2-45
Equity
11-25
preferred
30c
Parchment Co.
25c
$1.50
1
12-
4*4(7
20c
;
12-
—
10-26
;$1.25
(irregular)
20c
(quar.)—
25c.
'12- 9:
28c .12-15 it
(quar.)--_-—
11-15
:
U-10
1
12-
Clock, 6%(7
11-21
$6- preferred
(quar.)
11-17
New
12-: 9:
preferred
$5.50
pfd.
5(7
12-20
New
Knickerbocker
-
f3c
(interim)1—,..—,
New Haven
Kinney
1
common
Casket,
of Rec.
11-22
25c
$7 preferred
(quar.
1
National Container Corp. (initial quarterly )„
National Cylinder Gas, common (quar.)____
U-10
11-10
Kinney
11-21
National
1
1
12-
50c
(quar.)__
preferred (quar,)_
7(7
11- 1
11-10
,
12-
12-
Payable
15c
:
common
Co.,
U-30
3
$6
12-15
12-15
(quar.)_
(quar.)
Metals,
National Biscuit
Holders
When
Share
Inc.—
preferred
Co.
11-20
11-27
•
Ltd.
& Co
11-15
6
12-15
Acme
Bearing
12-15
(year-end)'—.—---.—-,-
25c
National
30c
Klein
Co.
National
11-15
12- 1
12- 1
convertible
Fibres,
87(4c
10-20
Boat
11-16
1
6(7
30c
$6 partic. pfd. class A (quar.).!,
Kentucky Utilities Co., 7(7 junior pfd. (quar,)
Wire
11-15
■Special;
1
Keystone Steel &
11- G
Empire District Electric (initial)
Employers Group Associates (quar.)________
Employers Reinsurance Corp. (quar.)-—i—
Engineers Public Service, $5 pfd. (quar.)—
12-
12-
—
(special)$1
Corporation12(40
Electric
11-16
:
—
11-
$3
12-1
Company
Automotive
25c
6
11-
National
75c
$1
Kendall Co.,
11-24
Per
Name of
0} Rec.
11- 6
——
Mines
1
Holders
Payable
12- 1
Gas
(Julius
2003
$1.75
(quar.
Manufacturing
Kayser
11-20
11-15
11-25
Mfg.
Kalamazoo Vegetable
11-20
•
12-: 1
12-20
•.
$5
(quar.)
.—
—
Knitting Mills,
Extra
:
4f',\
12-1
pfd.
(quar.)-
Mountain
;j:30c
Ltd.
Eddy Paper Corp.
6%
Island
Jantzen
(Western)—
7(7
Co.
(quar.)
—
Fireman
Iron
11.-15
Sugar Loaf Coal
Eastern
■
11-14
12-1
Company (initial quarterly) „•
;•
Manufacturing. Co.—;
Drackett
11-15
12-30
(quar.):—v
Share
25c
Iowa Southern Utilities Co.. 7(7 pfd. (accum.)
$2.10
6(4(7 preferred (accum,)$1.95
6(7 preferred (accum.)
.(
$1.80
'■-$$1,-25
Cartons
&
•,
Intertype Corp.
2-9-45
■
Extra
;■
11-15
12- 1 •
(accum,
(increased quarterly)-.-
•
Stores
Aircraft
11-15
11-15
1
75c,- -3-1-45
preferred (quar.li-———~—
Dominion-Scottish Investments—
v.-.
Dduglas
12-
45c
___
Ltd.
Co.
Envelope
Dominion
International Silver
37 %c
(quar.)—,—_
(s-a)___
'-.7(7
;-
U-15
Investment Corp.—
(quar.)
Dominion- Bridge
International Harvester
12- lc
12-1
(quar.)
■
11-15
430c 1-30-45
6(7
Dominion & Anglo
12- 1
12- 1
12- 1
$1.25
______■'
Dexter Company (resumed):;,
Diamond Match Co., common
Name 0/ Comyany
0} Rec:
25c
______'
—_
When
Per
Holders
25C
25c,
25c
___
Extra'';
Class B;(quar.)___::_____._:_,_:_.:__..:—-J—'.'
■
■
When,
Share
.
'Name of Company
Devoo
& FINANCIAL CHRONICLE
THE COMMERCIAL
Number 4331
(quar.)
$1.50
12-
1
U-15
$1.25"
12-
1
U-15
/
'
.
Per
Holders
.
6%
(quar.)—
Rubinstein
Class
(Helena;,
A
Rustless
coramon.„
$2.50
—
preferred
conv.
Ryan .Aeronautical Co.. (year-end)........ A— •
Antonio Gold Mines (s-a ALU'.".A—A\
_A...—
San FranciscV~Reme"dia~l: Loan AssriV
•
__
fSavage
——
12- 1
Corp
——...———Distillers Corp._-.J-.--~..—Wall Board Corp. common—
$2
Sears,
Secuiutles"~AccepTa"nce~~Corp,,
6%.
Inc
Servel
'
(quar.;_-
com.
(quar.) —
preferred
.
7'%
'7%
Greyhound Lines, Inc.—
(increased quar.)
—.—
;.AA—AA...————
Southern California Edison, common (quar.)
$1
5%
(quar.)
Co., Ltd.—
5'/;
Wayne
$1
Life Insurance
Southwestern
$20c
75c
12-15
12-15
1-15
12-1
Standard Cap
Oil
Standard
$2.50
12-
1
11-15
Treasury bills............
12-
1
11-15
Treasury certificates of indebtedness
Other loans.........;
12-23
2
25C
.
11-15
25c
(quar.).
12-12
.
12-12
75c
11-
2
Other securities..
12-2
Steel Foundry
43%c
12-
1
11-15
10-19
11-15
10-19
Demand
11-15
11-
1
Time
11-20
11-
1
12-15
11-15
(S.
S.)
Dental Mfg.
$i
Inc. (year-end).—r—
preferred..——...
Crampton, 75c preferred (quar.).
Wisconsin Bankshares Corp.
(irregular)—.
Woods Manufacturing,
Ltd. (quar.)....—
11-
9
12-30
10-31
50c
11-10
12-31
preferred
40c
common.—.——,
/.
"
.
12-
50c
12-15
1
Lithograph Corp.—
preferred (quar.).—.
-A—$1.25
U.
and
S.
25c
12- 1
2
12-12
12-
$1.50
12-15
12-
5
25c
12-1
Stromberg-Carlson Co,
(year-end)
common
preferred
(quar.)
$1.25 pfd,
Sun-Kraft Inc, class A (initial)
6%%
Swan-Finch
(irregular)
50c"
Talon Inc., 4% preferred (s-a)——
20c
Tampa -Electric Co,
U-—40c
Telautograph Corp. 'resumed;
10c
Texas Pacific Coal & Oil (s-a)
25c
Syracuse Transit Corp, common
"
Texas
Pacific
&
Ry,
■
12- 1
12.-1
11-10
(year-end;
common
Preferred
Thatcher
$3.60
Manufacturing,
Thermatomic Carbon
pfd.
$5 pfd.
Co,
(quar.)
(s-a).—
25c
$1
$2.50
90e
$2.50
12-22
11-15
12- 1
11-15
Co
25c
.......
25c
Ltd.—..—..—7 $lc
Tokheim Oil Tank & pump Co
—25c
rTraders Building Association Ltd. (quar.)..
t$l
(John R.)
Thompson
11-15
Extra
Gold
Tobuvn
States
10-31
10-20
11- 3
11- 6
11-15
11-15
12- 1
11-15
11-16
2-2-45
10-25
11- 1
11-1
11-22
11-10
11- 8
1-20
20c
12-11
11-29
5%% preferred (quar.)$1.37'A
Twentieth Century-Fox Film, com.
(quar,).
50c
12-15
,12- 4
.
Extra
Truax-Traer
Coal,
common.
preferred
prior
$4.50
208
50c
Co.
11-15
California
of
Storage
Co.
changes
v.
11cttSal
u.
j
the
for
5,061
542,883
18,804,532
359,331
Total reserves
...
Industrial loans
+■
;
320,706
+
82
3,212
—
U. S. Govt, securities:
....—;.
+
+
5,870,868
+
2,158.440
8,000
1,102,871
Certificates..
+
+ 329,210
11,503,512
3,749,490
week
7,000
+
414,471
—
1,243,426
Bonds......—
314,327
Total U. S. Govt, securities
17,605,299
Total loans and securities
Due from foreign
banks..
...
+344,210
+8,12.3,452
17,973,169
(incl. guar, sec.)..:..-——
industrial,
Government obligations declined
+
381,344
+8,446,946
136
....
78,226
F. R. notes of other banks
Uncollected items..
Bank
:
premises
+
79,458
34,377
A.—..
64
-,
57,063
422
—
9,887
167,378
3,997
—
3,220
—:
38,719,495
+
441,971
notes.^;_.__-~
20,822,780
+188,680
+5,062,928
Member bank—reserve acct._
14,083,405
+
$36,00(1,000 and
+
Liabilities—
Federal Reserve
Deposits:
215,708
U. S. Treasurer—gen. acct...
trict; at all reporting member banks the decrease was
Foreign
Holdings of Treasury certificates of indebt¬
edness declined $34,000,000 in the Chicago District and
$65,000,000 at all reporting member banks.
Holdings of
Treasury notes declined $38,000,000 and holdings of
United States Government bonds increased $67,000,000.
Demand deposits adjusted increased in all districts
and the total increase was $824,000,000; the principal in¬
creases were $332,000,000 in New York City and $258,000,000 in the Chicago District.
Time deposits increased
$37,000,000.
United States Government deposits declined
in all districts.
:
$67,000,000.
13,064
—
2,014,467
+
143,364
118,678
—
73,367;
—
18,106
+
44,936
+
38,518
15,932,052
+
157,130
+
1,860,940
1,226,448
406,491
...
...
'
Other
Total deposits.
—
1,480,215.
+
94,699
+
184,228
Other liabs., inci. accrd. divs.__.
^18,514
+
178
+
3,086
TotaMiabilities.___i____._—
38,245,561
Deferred availability
items
Capital AccountsCapital paid in....
3urplus (Section 7)
Surplus (Section 13b)
Other capital accounts
'
Jl
'
'
>
.
160,439
—
'
\
'
Total liabilities & cap. accts,.
Commitments
" *
'
+
188,097
26,965
98,433
...
1
+
.
■
■
"
-
V
'
• •
- '
38,719,495
' '
'
2
+:
:—+
51.2%
combined
make indus¬
to
member banks in-
.............
+
+#
>
;
1,282
'
-
'
,
' '
+ 441,971
, „
,
10,081
27,686
136"
11,124
,
,
„
..
7U60,209 '
+
'
I'. R. note liabilities
trial loans
+ 7,111,182
+440,687
Ratio of total res. to deposit &
4,783
-
.
-5%
•—
16.7%
—
18
—
5,050
—
11-10
11-10
Foreign Exchange Rates
10-31
(quar.)25c
25c
10-10
11- 1
Pursuant
11-15
11-14
10-14
11-14
11- 3
$3.50
12- 1
for cable transfers in the different countries of the
Secretary of the Treasury the buying rate
give below a record for the week just passed: \ \ m
11- 8
Co. (Del.)—
preferred (monthly—
—58V3C
7% prior preferred (monthly)._—......
58V3C
6.36% prior preferred (monthly)53c
6.36% prior preferred (monthly).^—
53c
6% prior preferred (monthly)—
50c
6% prior preferred (monthly).—
...
50c
12- 1
1-2-45
12-1
1-2-45
12- 1
11-15
12-15
11-15
12-15
11-15
12-15
7% "preferred (quar.)—2.—.
United Gas Corp, $7 preferred (accurn.)—
Tariff Act of 1930, the Federal Reserve Bank is now cer¬
of Section 522 of the
tifying daily to the
United
Corporations, Ltd.—
$1V2 class A (quar.)
United Engineering & Foundry Co, com....
to the requirements
437c
50c
$1.75
:
world.
We
11- 3
FOREIGN
.
EXCHANGE
RATES
•
CERTIFIED
OCT.
27 TO
4
RESERVE BANK TO TREASURY UNDER TARIFF ACT OF 1930
BY FEDERAL
NOV. 2,
1944, INCLUSIVE
United Light & Railways
7%
prior
1-2-45
4%
non-cum.
4%
non-cum.
cla;ss A___—50c.
12-15
class A
.......
50c 3-15-45
class A..———50c 6-15-45
4%
non-cum.
class
7%
prior preferred
non-cum.
Common
(quar. 1.1.—
—_
(quar.)
—
...
preferred (quar.)
5% preferred (quar.K
5% preferred (quar.)
United
S,
J. RR.
N.
S.
U.
S.
-——-——-
^
& Canal
(ouar.)
......
&
:
.
com.
__.~i
Foundry, common
(s-a)
1
(quar. •
Lithograph (resumed)
Co. (ouar.i
Laboratories, $2.50 preferred (quar.)
Printing &
Universal
TTnu-eranl
Insurance
Products,
Utah
Radio
Utica
Knitting, 5%
Official...
...
common
prior pfd.
——
(quar.)
....
62I/2C
1-2-45
12-23
,251247*
.251247*
3.228000
3.228000
3.228000
.060602*
.060602*
.060602*
.051303*
.051803*.
.051803*
.051803*
.051803*
,9090qO
.gooo^ot
.909090
.909090
.909090
.909090
,060602*
.898750
Official
Free
Zealand, pound
Union of South Africa, pound..
New
.
/
.572766*
.060602*
.898125
.572766*
.898671
;
.572766*
4.035000
4.035000
4.035000
.301215
.301215
.301215
.301215
4.035000
4.035000
4.035000
.301215
.301215
.205820
.205820
.205820
.205820
.205820
.205820
.909090
.90q0°0
.90q0q0
.90q()90
.909090
.909090
.896250
'
3.980000
^
■
.teso
3.980000
Controlled
.658300*
.658300*
.658300*
Noncontrolled
.541850*
.541850*
.541850*
.
'
.895625
.896041
3.244203
3.244203
3.980000
.
-:89G250
3,244203
.896250
3.244203
Uruguay, peso—
•Nominal rate.
.898750
.898750
.572766*
.572766*
.572766*
Newfoundland, dollar—
11-17
10-31
.297733*
.060602*
.898750
Mexico, peso.../
11-15
10-31
12-20
11-2.9*
$1
12- 1
11-15
25c
12- 1
11-15
C2l'-c
12-11
12- t
10c 1-30-45 1-20-45
.251247*
.251247*
Canada, dollar—
12-20
12- 1
11-15
.297733*
.051803*
Official..;
$2.50 1-10-45
10c
40c
$
3.228000
3.228000
Nov. 2
Nov. 1
Oct. 31
.297733*
.297733*.
Brazil, cruzeiro—
Colombia, peso
England, pound sterling
India (British), rupee
75c
30c
States Money
s
'•
.251247*
.251247*"
12- 1
12-16
3-16
6-16
$1.25
$1.25
»
.297733*
.297733*
Cable Transfers in New York
United
in
Oct. 30
$
3.228000
Australia, pound
12-13
1-2-45
4-2-45
7-2-45
50c
$1.25
'
...
(Phila.)
Society
l
Pine
'
tyear-endi
Loan
Extra
tt. s.
a—
Hoffman Machinery Corp,—
Common
U.
11-13
Oct. 28
"
$
peso—
Official
,5%
U.
1- 2
$1.75
5-10
Value
Oct. 27
8-10
2-10
& Manufacturers-
Merchants
United
50c 9-15-45
A—
11-13
Buying Rate for
Country and Monetary Unit
Free
United States Leather Co.—
4%
Noon
Argentina,
,
+ 7,160,209
Total assets.
declined $24,000,000.
of weekly reporting
+
+
2,437
—
1,771,992
....
.......
Other assets
Holdings of Treasury bills declined $84,000,000 in New
York City and increased $85,000,000 in the Chicago Dis-.
Borrowings
—1.456,785
37,052
+
8,539
...
64,140
—
15,908
—
423,005
+
10,969
'250,578
Discounts and advances.
—1,820.650
10,000
18,011,065
......
member banks.
■
Nov. 3,'43
and
deposits and $287,000,000 in deposits
10-31
11-15
(quar.)...—.
lC\jtu
since
Oct. 25. '44
*44
11
$1.12%
.2————$1.25
(quar.)^.^——22—
preferred
$5 preferred
Union
(quar.)
(quar.).
11-15
11- 6
10-20
+ or Decrease—
..
Nov. 1,
Deposits credited to domestic banks declined $119,000,000 in New York City and $287,000,000 at all reporting
11-15
12-15
12-15
1-2-45
-
11-15
12-15
37!/2C
$1.12y2
of Missouri—
Union Electric Co.
Union Oil
...
Salle St. Corp.
So. La
$4.50
(quar.)
preferred
convertible
12-15-.
25c
Extra
$1.50
'
Other
25:, An
other loans for the same purpose
10-31
(quar.)—i_—I2V2C
.1.2.2.2.2-.—..w-'-A-10c
$6 1st preferred (quar.)
:
$1.50
Trinity Universal Insurance (quar.)
25c
Triumph Explosives, Inc. (irreg.)
20c
Troy & Bennington RR. (s-a)
$5
Trane Co, common
■
Gold certificates on hand
at all reporting member banks.
Loans to
brokers and dealers for purchasing or carrying United
11-10
10-25 ;
12-11
10-31
11-27
11-15
'7
Assets—
$121,000,000
11-10
11-22
Mines
A
of dollars)
thousands
•' ;I
'
••
and agricultural loans in¬
creased $47,000,000.
Loans to brokers and dealers for
purchasing or carrying securities other than United
States Government obligations increased $53,000,000 in
New York City, $30,000,000 in the Chicago District, and
11-15
.11-1
11- 1
11- 1
.
principal
following
Commercial,
11- 6
11-15
''
credited to domestic banks.
11- 6
11-15
11-15
—
—.A_Aa...AA a
"Extra
1-15
12-1
v
t3c
(quar.)
shares
the
Oct.
States Government
11- 3-.•
11-10
11-24
11_2;*
11- Z
11- 2
11-15
1-15
$3c
(quar.)
Sylvanite Gold Mines, Ltd, common
Bearer
$1.62%
common......—;
Corp,
Oil
75c
.
—
(quar.)...
Wells Corp,
Struthers
dividend.
increase of $824,000 in demgnd de¬
posits adjusted, and decreases of $626,000,000 in United
ended
13,008
..
Increase
this
weekly reporting member
banks of the Federal Reserve System in 101 leading cities
shows
246
except
tax
for
95
+
Reserve Banks Combined
Institution—
The condition statement of
11-10
11-13
11-13
31V4c
12%c
Sun Oil Co, common (stock dividend)10%
Common
(quar.)
J.
25c
Sunray Oil Corp, common
10c
4%% preferred (initial)—;
A-AA—A84%c
12-1
12-1
12- 1
11-15
11-15
12-15
12-15
12-12
12- 1
% pr. pfd. A (quar.)
& Clothier, 6
Strawbridge
.
closed
+
93
1
Condition Statement of Member Banks
11- 6
& Co.
(A.)
Income
not
251
17
+
Statement of Condition of the 12 Federal
11-10
12-
1-
$1.37%
uue
11- 1
(quar.)25c
25c
Stein
Jamaica
books
+
+
accounts,
Gov't
Redemption fund—F. R. notes...
}2"J?
10-31
11- 6
Stewart-Warner Corp. (s-a)
—
Extra
—AAA;
—a.——-.A.---AA
30%
—287
876
283
during week
tPayable in U. S. funds, less 15% Canadian non-residents' tax.
$Payabie in Canadian funds, tax deductible at tne source.
Non¬
resident tax, 15%: resident tax. 7%,
a Less British income tax.
0
H
12-30
11-15
12- 1
8,919
.....
(In
Stecher-Traung
5%
Mercantile
Co-operative
•Transfer
12- 5
11-15
$1
preferred (quar.)— —31%c
Stanley. Works,. 5%
Zion's
+ 1.568
—6,342
+
.
11-10
2
25c
(quar.;.—
5,621
+
37
—626
7,514
11-30
75c
5Vsr%:
164
10-21
$50c
interbank
11-15
11-15
27
6,397
....
Domestic banks..
8
18%c
■
—
+ 824
37,438
deposits-adjusted.
deposits
Foreign banks
Borrowings
.A...—
Debits to demand deposit accounts
10-30
11-
$$2.50
v
(quar.)._
Co.
11-14
$1
Electric, 5%
W.)
6
11-10
1
+ 1,173
+
95
—.
2
+
5
+
Interbank deposits:
6
11-
12-
30c
Stores,
(F.
11-
11-29
35c
(quar.;
Youngstown Sheet & Tube,
11-29
$1
—1,233
+ 153
586
Q. S. Government deposits....
50c
2
'
13
—
2,101
$7
%:■"/
2,350
+1,976
Liabilities-
$1.50
—
1,096
+
67
—"
604
+
38
+
.9,565
.....
65
—
2,889
$1.12%
(quar.).
Maryland Ry.
—2,424
+
19,627
Balances With domestic banks
11-15
$1.75
preferred (quar.).—
preferred (quar.)..
4
90
—
7,289
i__.
'
Cash in vault..
—6
2,202
10,370
Reseiwe with Federal Reserve Banks
70
"10
67
1,323
....
121
—
—
+
65
Obligations guaranteed by U. S. Government
1
12,-
(
5j
+
.
Treasury notesh,...—y-'
(J.S. bonds..;
Co.—
Winters &
f
12- 1
11-15
11-15
11-15
11-10
A'12-15
A
335
Loans to banks_____....___..^__
7,% 1st pfd. (accum.)
xLess
.12-15
12-15
12- 1
12-15
12-1
50c
Co
Standard Wholesale Phosphate & Acid
Works Inc. (irregular).-—-A-...
V
10-25
Sugar
preferred
White
12-.1
""
—25c
& Seal. $1.60 conv. pfd. (quar.)
40c
Co. of California.-.——
50c
Stoker
Standard
.;
11-10
24
—
1,062
Real estate
12- 5.;
Common
.
$1.12y2
1-
133
+121J
;
522
Other securities
loans..___^__^.,_._.A—
.'
11-18
11-15
12-15
12r -9
12-15
U. S.
11-10
$1.25
Westinghouse Air Brake (year-end;
Westinghouse Electric & Mfg. Co. common.
7% participating preferred—
Westvaco
Chlorine Products
(quar.)—..
1-11
35c
-
(quar.)
805
purchasing or carrying:
Government obligatio«s...._...
Other loans for
10-25
50c
36)
812
—.......
1
12-
241.
.A-
47
>,
.
11-10
Zeigler Coal & Coke Co..—
25c
Quarterly
V
661
—
pur-
obligations.......^
Virginia Pulp & Paper Co., 4l/a% pfd._
6%
Western
Woolworth
Sparks-Withington, 6% conv. pfd.. (quar.)..
$1.50
Spencer Kellogg & Sons.
A—45c
Spiegel, Inc., $4.50 conv. preferred (quar.)..
$1.12%
Stamford Water
(quar.)
—
40c
Standard Brands $4.50 preferred
(quar.).. $1.12%
chasingorcarrying:
11-10
12-15
75c
——_
preferred
dealers-for
and
brokers
to
U: S. Government
12-15
:
6,183
Loans
Other securities......
t25c
Electric, 7%
Pftnn
'
+ 127,;
agricultural
$1.25
(quari)-————
convertible
$1.75
9
11- 9
t$l
+ 1,106
9
+
11,107
4-10
_
—
Manufacturing
Indies
West
(Dallas)—
Southwestern Public Service, common
...
$1,75" 4-20-45
■
...
10-27-43
10-18-44
54,088
—
and
Industrial,
commercial.
.
1-10
G2V2C
.
Decrease. (—•) Since
■
investments—total..
3-10
1-20-45
Co...
West Michigan
11-15
Co.
3-20-45
$1.75
■v*.
11-15
$1.25
12-20
$1.50
'
(s-a)_
convertible
West
Winnipeg
—
(quar.)
preferred
Pump
Wentworth
11-15
10-20
(irregular).
common
12-
$2.50
—
Assets*—
7-16
(quar.)
preferred
Wieboldt
...—-—
1-45
(S.
5%- preferred
11-15
11-15
8-
Loans arid
4-16
_
preferred
(quar.)..
————
Washington Railway & Electric—
11-15
37%c
1-45
37V2C
■■
$4.50
11- 1
10-31
11"30
11-15
12-1
12- 1
Increase (+) or
'
.
1,.:
1-15
■
5-
D.) Co, (irregular)
....
Washington Gas Light, $5 preferred (quar,)'
10-30
10"30
l-l*9
11-30
(quar.)
t
10-25-44
Gooderham & Worts Ltd.—
preferred
Warren
11- «
11- 4
10-14
11-25
12-
2^1-45"
c
•
}2"23
11- 8
.? 2
11-15
12-23
11-25.
(In millions of dollars)
5-26
37f2c
(quar.)
(quar.).—
(Hiram;
Common
:i"i„.
50c
50c
—
Railway Co,
preferred
3 71/2
"
(quar.)
preferred
SL.75.
preferred (quar.)_—
preferred (quar.)—A*
6%
Railway,
preferred
West
Common
Common
9
of the assets and-liabilities-of-reporting"
summary
:
(quar.)
1st preferred
Co,
preferred
(quar,
Vulcan Detinning Co, common (year-end;
Common
a-——.1.
10-31
Lr.L
.
common;
Southern Canada Power
12-
Co.———
6%
i
11-14
Corp.
Southern
11-15
6%
Southeastern
*T
11-25
1
Virginian
10-25
1--21
10c
..-.A———5c
(quar.).—.
30c
6^'preferred (quar.)—wi—$1.50
South Bend Lathe Works.......—JA
—
50c
„'
9
12-
Works
Iron
Dorn
Raalte
Vapor Car-Heating, 7%
^
11-25
13 Ac
preferred A (quar.)—2.
—
Solventol Chemical Products Inc. (irreg.)..
Extra
12-
A
member banks follows:
'
11- »
12-1
Ltd.
Conv,
Co.,
50C
$1.75
\
'
Solar Manufacturing Corp.—
Pulp
2-26
6-11-45
Walker
—
Sonotone
3-12-45
40c
lf-iu
11-10
J2"^
12-.0
(interim).—?30c 1-29-45
Oignode Steel Strapping, common (quar.)-25c
11-15
Stock
dividend
5/°
~:\f
$2.50 preferred (quar.)——
63%c
.11-15
Silex Company
15C
11-10
Sinclair Oil Corp. (quar.)—.——————
20c
11-15
Sioux City Gas & Electric common..——
40c
11-10
7% preferred (quar.)
——-—
$ 1.75
11-10
Skeily Oil Co. (irregular).—————
Si
12-15
Soundview
40c
:
Walgreen Co. 4%% preferred
$2c
75c
(quar.)$.1;25
5%\ preferred' AAA
Sigma Mines (Quebec),
11-27
ri- b
Water
Sherritt Gordon Mines Ltd. (s-a>
Sherwin-Williams Co, common——,—
fihawinigan
12-11
11-10
——u,25c
& Power (quar.; .—-—
$22c
i—
7-16-45
40c
12-11
$1.25.... 12-11
MOc
J-2-23
37 %c
12-23
Extra-
$283,000,000.
2
4-16-45
$1.25
Van
11- >
75c
Roebuck & Co., common (quar.;,—*
2
7-
$1.25
Van
12-15 ;
Jj"™
10-20
'
4-
and on Oct. 25
during the week,
$93,000,000
amounted to
'
2
prmerred (quar,)__:
$5
(quar.)_—
preferred
$5
Sugar,
$5
10- 6
11-10
10c
Co.-,-—--:
Dillon
(iu-2b
5
U-lb
50c ;
(quar.;_
preferred
partie.
,
12-31
" J
11-10.
25c
Schumacher
Scotten
11-15
f
11- 6
Hc
J3c
1-
$1.25
S.
6.4%
12-15
,1.1-20
35c.
-37^0.'
12'*°
50c
(quar.;
Arms
Schenley
li-ao
t
(quar.;—
'•San
Extra
-
15c
15c
Corp., com. (quar.;—.,
Steel
&
-
—A- —
(quar,)
Iron
11- 4
11-15
10-31
ll-2»
12- l
U5c
50c
25c
Extra
■.
11-15
12-1
12-1
12-11
1- 2
tl5c
(initial quar.)—...
preferred- (quav.)
Royal Bank of Canada
creased
of Rec.
1-15-45
preferred (quar,).—
preferred A (quar.)
6.4% preferred A (quar.)
6.4%
preferred A (quar.)_-
U.
'
Holland Paper Co., Ltd.,-common
Holders
When:
I. Payable
Share
Name of Company
of Reo.
Payable
Share
of Company
Name
When
Per
•
Monday, November 6, 1944
FINANCIAL CHRONICLE
THE COMMERCIAL &
2004
3.244203
3.244203
3.980000
3.980000
3,980000
*658300*
.658300*
.658300*
.541850*
.541850*
.541850*
r
Volume 160
STOCKS
Penna.
'
General Underwriters,
/
Jesse Jones, Secretary of Commerce, announced Oct. 26 that RFC had
sold the note evidencing RFC's loan
to Ohio River Power, Inc.,
Cleveland, Ohio, a wholly-owned subsidiary pf The Ohio Public Service:
Co., to Chase National Bank, New York, at 106 and Interest.
,
: Transacted
by ■ Barnes; &: Lofland,Philadelphia,
Wednesday, Nov. 1:
200
current and accrued liabilities, $5,467; gas service revenue impounded
pursuant to Court Order, $15,047,77.4; deferred liabilities, $44,662; re¬
serve for depreciation,
depletion apd amortization, $19,506,944; other
reserves,
$1,219,147} surplus (restricted as to payment of common
stock dividends in the amount of $6,246,269), $13,284,757; total, $130,171,448.—V. 160, p. 732.
'
Ohio River Power Co., Inc.—RFC Sells Note—
Auction Sales
Shares
on
$ per share
-
45
Benna. General Underwriters,
Jjquity in 660 shares Pennsylvania. Indemnity. Company
balance
The
$65 lot
preferred—,
'
$15 lot1
$160 lot
Represented by 196-li200th interest, in-deed of trust
dated Dec. 31, 1942 with the City National Ban}^
•;
1,500' Doley Oil Company, capital—)—:
$410 lot
4
Mechanics Nat'l Bank, Burlington, N. J.———
33•.
450
George B. Newton Coal Co., common—-'———..—.—
1
1,220Penn-Jersey Shipbuilding, common; 69 Penn-Jersey
<•
i
,
Shipbuilding, 3rd preferred; 50 Penn-Jersey Ship';.-v
,-,t;
'.-"v.;'
building, 2nd 'preferred-———$1,410 lot,
______
;
due
the
on
note
.
$7,442,111 and the price received
is
represents a premium of $446,527 and a yield of approximately 3 <h to
final maturity, how 12y2 years.
( The
loan was authorized early in 1942 in the amount of, $8,000,000
to finance the construction and acquisition of a power plant in Bel-,
mont
County,
Ohio.—V.
154, p.
Pennsylvania Coal & Coke Co,-50-Cent Dividend—
The directors have declared
1730.
.
*
,
■■•ri
BOND
1016-26 Walnut St. corp.,.
'
——$53 lot
f. 6s 1939
S..
Fed. inc.
Net
(
1,000
STOCKS
.
9 per
.
.:1942
1944
1943
$908,914
$930,290
$844,045
325,803
Sept. 30—
operating reyenues_:
Operating expenses fc depreciation■General taxes
:
Total
296,250
260,400,
84,879
86,009
283,317
$214,915
$408,038
5,574
$356,590
5,463
$221,741
$413,604
$362,053
163,423
164,984
.166,134
$58,318
$248,619
$195,920
151,958
194,375
$100,000
1, 1360,
1
-
income —:
Interest
&
other, deductions
:
Pennsylvania RR.—Earnings of Regional System—
(Excludes L. I. RR. and B. & E. RR.)
Elmo
Upton et ux Elon Apartments, 1st mtge. 8s,
Sept. .15, 1928 coupon .9-15-27 sub on; $100 57th
St.
and Madison
Ave. Office Bldg.
6s, T-26-40
coupon January, 1933 stamped and sub. on* $1,000
..
income
Common dividends
)')'■>),
Apartments
,
8s,
Park
$1,000
,
3V2
Corp.,
Shares
Eastern
Terra
Cotta
Co.,. cony. pfd. A; 11 Shares Eastern Terra Cotta
Co,, prior pfd.; 500 Shares Andes Petroleum Corp.,
temp, ctf.; 500 Shares Eclipse Consolidated Oil Co.
($2 par);, 400 Shares International Oil Co. (10c.
'
200 Shares Mobile Beaumont Oil Co.
par);
;
$
(10c.
oper,
exps>—..y—_
•
,
30, 1943 would have
respectively.—V. 160, p.
$213,000
approximately
been
667.
Sept.
$243,000,
60,671,213
•
-
Net
from
revenue
operations
Railway taxes
Unemploy. ins.
Railroad
Equip,
rents
taxes-
bal,)«
(Dr bal.)
323,323
595,812
135,081
income
8,396,500
9,565,938
(Dr
rents
Net
\
oper.
ry.
Net
from
Net
ry.
'
100
150
Cross Oil Co.,
Muirhead & Hohvay, Inc., v.t.c
Massachusetts Realty Commercial
5
($1 par}—
common
($100
;;
•
trusteed
assets
part
paid,
ctf.__
dollar
($10 par)-
1
Frozen Food Development Corp.,
($1 par)—
75c
$250
Boston
.$500
City Club,
Northern
common
deb.
Utilities
3-6
,
'
BONDS
$14 lot
*s, July, 1945y2s, May,. 1969
29,639
35,926
1,209,178
1,158,849
6 34,304
244,617
947,788
540,246
242,695
-
;:
yv-v
ry.
673,949
income—
—V. 160, p. 1407.
yy';
263,99 1
oper.
1
•
Net ry. oper.
—V.
160,
86,430,604 105,808,648
income__*.
1741.
p.
96,455,680/
1942
1941
railway-
$1,131,508
$1,062,338
$949,632
$826,393
railway—
282,492
224,046
308,189
264,407
income-
19,629
*11,983
82,241
60,350
railway——
9,941,298
10,064,831
railway——
2,900,881
3,266,822
1,434,667
7,235,635
1,726,528
*109,899
6,032,361
1,180,716
705,970
1944
September—
Gross
from
from
Net
Net ry.
oper.
1943
From Jan. 1—
from
Gross
.-,T
Net
from
Net
ry.
.
Investment News
(Continued from page 1972)
■'i
73310>721
.
Pennsylvania-Reading Seashore Lines —Earnings
.
Offered—Blyth & Co.,
Inc., announced Oct. 30 that the unsubscribed portion of
82,000 shares of 4J/2% cumulative convertible preferred
stock ($100) has been sold to a limited number of pur¬
chasers.
'V
'>/:>)yy;" •
y"'
Holders of the company's common stock of record on
Oct. 12 were entitled to purchase the preferred stock at
$100 a share in the ratio of one share of preferred stock
for each eight shares of common stock owned.
The
right to subscribe expired Oct. 25 and. 7-^704. shares of
preferred stock (approximately '92.%%). were purchased
by common stockholders, leaving 6,296 shares to be pur¬
chased by the underwriters.—V. 16,Q, p. 1741. y.
11,032,651
railway—-^ 207,758,198 241,687,666 201,522,676 127056,534
from
Net
■
228,025
78,545)
22,408 •
17,533,744
railway— 762,946,158 729,254,466 609,241,455 446,309,081
from
Gross
9,545,025
8,436,496
ry. oper. income**..,
From Jan. 1—•
'yivy• '.'))'*■> '
,
$91'/2 lot
85,538,122 105,833,405
Company Only
—
Net
Oliver Corp.—Preferred Stock
$355 lot
Frozen Food Development Corp., preferred
income
1,804,819
1943
1942
1941
Gross from railway— $84,760,260 $86,004,705 $77,659,468 $56,250,123
Net from railway
24,293,942
28,698,777
30,939,221
17,917,406
1941
$38,418
18,241
10,848
1942
$136,206
82,827
38,190
railway.—
railway
from
Net
y
par); 25 Hilton Davis Chemical, common ($1 par).;
$16.68 First National Bank of Revere ctf. of part
and
87,092
oper.
Net
$21 lot
—
Co., class C
1943
$156,636
76,115
from
Gross
$10 lot
.
1944
$134,750
From Jan. 1—
..
100 Southern
'
2,698,304
1944
September—
railway——
September—
from railway.™
Gross
.
and
Oklahoma City-Adar Atoka Ry.—-Earnings-^-
Shares Atlantic National Bank ($10 par); 1 Share
McCrimmoh Holding Co., receipt for $2,0.00 Antj.Ha
'y
Estate 6s, July 1,
1951 coupon
1-1-42;
36 Coupons Antilla Sugar Estates; $1,000 Abitibi
Power
&
Paper Co., Ltd., 1st mtge.
5s, 1953
V
series A 'ctf.
$2,0.00 lot
Southern Cross Oil Co., 6%
cum. pfd.
($100 par);
Sugar
28,734,580 207,002,639 241,823,391
16,434,446
91,785,000 110.598,542
8,588,485
9,700,895
1,071,342
9,3.04,627
10,517,662
1,160,599
5,693.513
367,174
6,762,656
24,272,119
12,739,000
1,064,370
1,153,114
_____
taxes—
retire,
fac.
Jt.
ry.
Earnings of
.
86,164,721 764,531,707 730,649,753
57,430,141 557,529,068 488,826,362
84,943,332
of
and
131 3.281-10-,000 Pierce Oil Corp., common
($25 par); 200 Shares Pierce Petroleum Corp.; 130
revs.—.——
Ry.
and excess profits taxes for the 12 months
Sept. 30, 1944 include an adjustment recorded at Dec. 31, 1943.
this
adjustment was applicable to the 12 months ended
Sept. 30, 1943.
As a result of the deduction of excess profits credit carryover from
prior years, no excess profits tax was payable for part of the 12
months ended Sept. 30, 1943.
Correcting for the adjustment in both 12 month periods and without
the deduction of the excess profits credit carryover, .the Federal income
and; excess, profits taxes for the 12 fhhnths ended Bept. 30, -1944
oper.
par);
-
1944—9 MoS.—1943
1944—Month—1943
Ry,
income
Note—Federal
Part
1930 coupon-10-1-1927;
eVaS, Aug. 1, 1937
1,
April
Square
2-1-33;
coupon
Period End. Sept. 30—
ended
25, 1929 at 7 (c; $1,500 Julia Tuttle Apartments 8s
April 1, 1932 coupon 10-1-1927; $1,000 Julia Tuttle
-
,
Net
.
.
Note of th.e Gralyn Hoter Company payable April
;
of
172,218
bonds due June
1:
share
called
for redemption on Dec. 1, next, at 103 and
outstanding first mortgage 3'/a% sinking fund
Payment Will be made at any of the follow¬
ing offices of Brown Brothers Harriman <te Co., fiscal agent; 1531
Walnut St.,. Philadelphia,
Pa.; 59 Wall St,, New York, N. Y., or
10 Post Qffic.eSqugre, Boston
Mass.—-V. 160, p. 988.
151,400
taxes
,
Pennsylvania Glass Sand Corp.—Bonds Called—
There have been
interest,
75,654
140,00Q
6,826
& excess profits
earnings
Gross
'
Shares
dividend of 50 cents per share on the
Ohio Water Service Co.—Earnings—
12 Mos. Ended
Other income
Transacted by R. L. Day & Co., Boston, on Wed., Nov.
a
capital stock, payable Nov. 25 to holders of record Nov. 10.
A similar
distribution was made on Aug. 15, last, the first payment made on
the stock since November, 1924.—V. 160, p. 1083.
,
$3,000
2005
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4331
income—
*Loss.—V. 160, p. 1530.
oper.
458,437
Subs.)—Earnings-
Peoples Gas Light & Coke Co. (&
1944—3 Mos.—1943
1944—12 Mos.—1943
in therms-* 228,199,090 ,226,781,052 927,539,222 920,724,281
period End. Sept. 30—
Gas
sales
Gas
sales
$
9,353,017
42,434,400
42,616,213
111,240
9,518,517
122,976
:
revenue.
Other gas serv. revenues
500,108
545,618
Gross
Norfolk' Southern
;'''
September—
1944
$708,601
$766,421
287,548
175,570
125,571
110,461
74,009.
-
,
1941
•
There have been called for payment
held
in
Net- from
6,128.375^
'
1,413,161
railway______,
income-—
4,102,179
1,706,295
'2,041,098
) 782,519
574,332'
oper.
5,854,128
991,356
1.104,105
. 612,105
:
;
28
•
Norfolk & Western Ry.-—Earnings—
Period End. Sept. 30—
Ail
1944—9 Mos —1943
v$' j
13,041,565 120,688,568 112,964,954
•
Railway oper. revenues
Railway) oper; expenses
Railway) tax accruals—
Equip, jrenta (n,e.t) (Cr)_
facil.
Joint
tion
194*-Month—1943
'•'. •" ; _•
rents?
13,059,310
7;513,908
4,155,261
r
(net)
*
Net ry.* oper.
Other income
7,391,396 Ve7,643,582;r 63/218,716,
-
39,498,283
6,026,077
38,821,619
6,378,901
13,109
,
A
J14.273
1.986.335.
income.
799,178
" 190,102
134,750
4,604,617'
.610,468 ).
,112,185
19,382,67.8
.5,122,196
__
2,543,428
1,943,806
24,504.874
18,071,085
jtnt. pn funded debt—
176,136
176,136
1^585,225
i,58,5,364
1,767,670
22,919,649
16,485,721
1,831,621
made at the
the
of
office
$115,499,000
bonds,
at
series H,
Jan.
on
at the City
or
Dec. 1. 1944, out of moneys
leasehold
*
fha
outstanding
first
and
See also V. 160, p.
a. Net iarcome
Sink.
2,367,292
funds—
Res.
&
appropriations
approprjatiwJS-
,650.000
Balance of lncome:__;
.
>
1,667,759
48,779
49,532
Misceil.
471,665
455,206
0,025,000
.
-
:
-Mf.
160,-p.
)
1529.
Hat operating •revenue,——-——$6,726,494
Interest deductions
i
^
■.
875,122
,;
——
Northerji
r
"
1944
.
./
:
.
1942
3,460,040
•
';
115,598,261 '106,408,452.
Net from railway-:-—^et jry. oper^ i-ncome)...U
.
2,727,459
41,077,125
26,500,640
■,
16,690,862 > 23,497,616
18,100,205
60,616,021^
18,7-77,844
15,180,019
in other instances.
■
.
On March
all
31,
)
of
.
,
the
Northern States Power .Co^
<p,el.):—'Weekly Output-
former
and
the
liabilities
of
capital
stock
were
-
:
and
than
Natural
Gas
Co.
and
indebtedness
of
the
.
The
Northwestern- Steel &■ Wire Co., below —V. 159,
.
Reduction
was
Court for
Order
of
Federal
Power
Commission.
Writ ef Certiorari.
a
p. 384.
made on July 28,
Balance
Northwestern Pacific RR.- -EarningsSeptember—
Gross
Net
from
Net
ry,
-
-
1942
1941
;
'
$577,523
railway-
$551,403
$527,781
136,397
230,518
87,937
184,812
27,765"
4,699,420
3,567,117
832,551
2,614,662
229,980,
175,116
income—.
oper.
1943
1944
railwayl:_)
from
121,348
.
$365,627
•
68,066
i
From Jan. 1—
Gross, from
Net
from
Net
ry.
:
railway
railway-
4,562,044
•
-
•877,740
'
income
oper.
^Loss.—V.
,
,
1,327,919
424,191
.871,473
,
471,291
-
*99,766.
160, p. 1529.
1944,
to the United States Supreme
company has Called for redemption on Dec. 22, next, $150,000:
outstanding Northwestern Barb Wire Co, first mortgage 5 V2(4 •
Sinking fund bonds due Aug. 1, 1945, at 102 and interest.
Payment
La
Salle
made
at
The
Northern
St., Chicago, 111.—V,
lOif
to
court order,
2,627,161
;
)>
,
.
1,095,017 )'•
.
1,956,890
■,
G
series
\
net
Fed.
and
interest
on
&
'-)
Cr971,224
—
Crl,726,924
}'j )').;'•
.
,
.
cancelled.:
147,150
7,116
7,700
4,558
24,960
9,902
46,886
52,319
203,843
209,277
.
charges-
intangibles pf
companies
—
.
i—
income
88,424
76,628
>44,449
;
.156,879
6.46,023
2,992,005
$0.98
$4.56
,118,311
' 4,137,559.
sh. on 656,-
shs.
outstanding-
Notes—The
the
to
bonds re-
interest
Earns, per
000
;(•'))>.
■
profits taxes
maturity
subs;
88,143
31,082
reducIncome
$0.68
premium of $1,946,292
cancellation' since
purchase
and
and
June
$6.31
the expenses incurred in
15, 1944, of $16,494,000
principal amount of refunding mortgage 5% gold bonds, and $88,143
of expenses applicable to the issue of $20,000,000 principal amount
series
G
bonds
in
that
period have been charged to the income
of these charges is .expected tq result in a
income and, excess, profips tax - expenses of
$1,726,924, whiph has bee.rt set forth as a separate - item in the
income account in order tp .avp'id''-a.' ,(|iStortiO]i of such, taxes as they,
are
chargeable to the income account in the course pf normal opera¬
account,
Th/e incurrence
decrease
net
tions.
y
in
Federal
^
The
provisions for excess profits tax do not include the portions
that, although payable,/ar,e subject to .ultimate refund as a
post-war credit,
•
;
of such taxi
Following the sale at par on June 30, 1944. of
cipal amount of first. and refunding mortgage 3%
$20,000,000 prin¬
bonds, series G,
15; 1961, the .company offered to purchase and retire its
non-callable $20,386,000 principal amount of refunding mortgage 5.0
bonds due Sept, 1, 1947, at par, plus a premium of $118 per $1,000
principal amount and interest to Sept. 1, 1944, if the bonds were
presented for payment prior to Sept. 1, 1944.
At the expiration of
.
$14,373,791; prepayments %nd other deferred
Charges,
$§02,4(94; total, $130,171,448,
iiabilities—Common stock (no par $810,000 shares authorized
gage
The
be
pursuant
7,249,360,
2,702,892
671,646
.
and
due
June
,
this
offer, $16,494,000 principal amount of these bonds had been
purchased and cancelled.
The necessary funds for the payment at
maturity iof the principal and interest on the remaining $3,892,000
principal amount of these bonds still outstanding are on deposit with
the City Bank Farmers Trust Co. of New York City, the trustee under
the
company's refunding mortgage,
George A. Ranney,
Chairman,
.
of
will
Sheet As At Sep.t. 3$,
'■'[ A^spts-^-Gas plant, $102,777,427; intangibles,' representing gas sales
and purchase, contracts, etc., $3,59$,973 (less reserve for amortization*
of gas sales and purchase contracts of $2,564,000), $1,032,973; other in¬
vestments, $3,52,396; cash, $4,286,059; special deposits, $341,283; tem¬
porary
cash investments, $2,770,000; accounts and notes receivable
(including $673,983 which will, when received, be impounded pursuant
to
court
order), $2,565,973
(less reserve for doubtful accounts of
$120,673), $2,445,300; material and supplies, $989,725 cash impounded
outstanding), $20,250,000; 5.60'/fi preferred stock (138,465 shares, par
$100, issued and outstanding), $13,846,500; mortgage bonds, series A,
due serially Nov. 1, 1946, to Nov. 1, 1950, inclusive,
$6,250,000; mort¬
Northwestern Steel & Wire Co.—-Calls Bonds—
,
exc.
of
dissolved.
'
Be.e
in
Net
12. months
Rate
6,398,688
651,681
Miscellaneous
Michigan
latter.
of
tion
-
and
Application
Co.^Bonds Called—
Illinois
1,450,705
debt
;
acquired
'
/•/.
—1,401,601
incurred
acquisition of 5.'c/o
Amort, of
$3,38$,720
ended Sept. 30, 1944, and 1943, amounts of $8,-.
$6,505,541, respectively, .approximately equal to a reduc-,
tioh in rates ordered by fhe Federal Power Commission on Sept, 23,
1942, have not been included in gas revenue but have been set aside
In a special deferred credit account.
The Circuit Court of Appeals for.
the Eighth Circuit on June 6, 1944, after a review
pf the proceedings,
542,233
affirmed- the
Northwestern Barb Wire
■.
6,247,414
1.001.946
arising from refinanc.:
,
Oas: Transmission Corp., 'its only wholly-owned subsidiaries, and sur¬
rendered for cancellation and extinguishment the capital stock of the
J For- the
Electric output bf this company for the week ended Oct. 28, 1944,
totaled 42,912,000. kwh., * as. compared with* 41,242,000; kwh. .fnr rihev
qoyrespoiiding week last year, an increase of 4.0(4.—V. 160, p«. 1,866. ;
■
5,348,181
1,050,507
.
exp.
and
,
the company acquired all of the assets and as¬
1943,
subsidiary companies
1529.
160, p.
$5,851,372
income,
&
Anticipated
$4,189,068
.' 800,347
quired Feb. 6, 19421 are included in the 12 months period ended Sept.
30, 1943, and-certain of the data for- both periods have been restated
sumed
>
-
3,503,331
■
'■!
82,586,125
37,319,172
,
.mi
$8,713,022
3,332,117
)"'
Gross fi:om: railway..-—:
'
—
1,201,407
.-i. 249,298
long-term
on
2,225,045
1,143,293
258,308
___
bonds ,-:-
.
.
Netesn-i-Fof the purpose of comparison, the operations of Illinois Nat¬
ural Gas Co, and of Michigan Gas Transmission Corp.
(company ac¬
-
'{/■ 1943 '
1—
From, Jan.
—V.
2,293,716
income—
ry., oper.
5,018,745
suance
'
Oross from railway- ^13i731s656 $14,000,928 $11,886,324
Net from railway—— )' 4,684,065
6,352;il7 •) 5.223,737
ijjfet
6,567,330
income
bonds
*
Ry..~-EaFnings—
September—',;
3,926,981.
1,549,939
3,950,950
294,681
Other
—
833,886
910,178.
in
,
Net .income';
939,840
247,981
Prem.
1.6,030,515
16,422,984
3,014,988
Expense incurred in is-
revenues
*
1,718,891
756,728
1,253,119
3,021,369
) 4,363,73$
Gross
1866.
"
1944
1943
$22,583,031 $16,946,239
GpefatiOns
6,168,692:. .4,869,815
.Maintenance
938,111
505,844
Provision* for deprec., deple. and amortization3,498,500
3,190,194
State, local and, miscel. jPederal taxes_„_______
970,445
884,638
Provision' for Federal income taxes———_)/;■. 2,690,788
1,735,143
Provision for Federal excess profits taxes—
1,590,000,
1,571,536
8,677; 604
1,142,248
for)—•
Operating income
Other income
panhandle Extern pipe JLipc Co, {& Subs.) —Earpings
-
8,397,605
296,594
,
taxes
Prem.
Gross
920,993
2,082,796
289,207
751,363
Federal taxes
Int.
.902,314
2,096,392
1,938,27$
(provisions
Federal
*
income
9,982,548
1,856,668
1,034,841
Excess profits taxes—
y
12 Months Ended Sept. 30—
Gross
10,123,001
207,310
.
State, local and misc.
.
1, 1945,
Bank Fanners Trust Co., 22 William St., New York,' N. Y..:
of the Pacific ..Gas^&;.Electrie'<Go,y.245 .)Market<'SC'
2,469.219
467,806
140,152
Deprec. (provision for).
Taxes
43,394,180
■
2,506,863
J
Maintenance
refunding mortgage
42,961,781
320,786
America
produced
Operation
due Dec. 1, 1961. have been called for redemp¬
at "107\k and interest.
Payment will be mad/?
232,349
9,520,606
9,641,493
companies
Gas
office
Calif.
Cisco,
of
Co.
Other
of
'Ban'''Frahcisca, vCal-&v'.im'mediat&<;paymen&ywHl..'to made at the full
redemption price, plus accrued interest to Jan; l, 19.45, upon presenta¬
tion of said bonds at any time at
either of the j&bove-mentioned
offices, or at the Araerican, Trust Co.:, 464 California St., Ban Fran--
17,168,771
557,093
on
fund, $33,000 of 4% first mortgage
due Dec. i, 1955. at 100 and interest.
Payment
Dillon, Read & Co., (Sinking fund agent,
Nassau St, New York, N. Y.—V. 158, p. 1861,
3%&
'ifv".
sinking
fund bonds
Pacific Gas & Electric Co.—Bonds .Called—
•
-^V;160,p.;i529;
"•
the
sinking
27,273
56,349
),: Total oper. revenues.
Gas purchased from—
Natural Gas Pipeline
'
will be
6,283,255
.ry,
1942
.
1—
Gross from railway—
Set
Fifty-Fifths Street jporp. (Fifth Avenue &
Fifty-Fifth Street Building), % If. pity—Bonds Called—
$539,150
163,135
74,925
ry. oper; income—
From Jan.
$651; 172
175,475
Gross from irailwayii-Net from railway---—
Net
1943
profit from sales
by non-utility subsid..
East
One
RR.—Earnings-
Trust
Co.,
159, p. 384, •
successor
>
-
trustee
50
St.
bonds,
series B,
due, Jan. 1,
due
Nov.
1. 1960, $12,000,000; mortgage bonds,
$8,750,000; serial notes, series C and D,
l,. 1945, $2,500,000; 10-year 23,47f deben-)
tures,
due
$10,000,000; accounts payable, $771,365;.
dividends declared—preferred stock, $193,851; matured long-term debt,.
$97,819; accrued taxes,v$6,036,465; accrued
series
C,
due Nov.
1,
1962,
1944, and Nov.
June 15,, 1953,
interest,
$366,697;
other
stated
on
Get.
26.—V.
160,
p.
571.
Phelps Dodge Corp.—Calls $776,700 of Debentures—
for redemption as of Dec. 15, 1944. out of
the sinking fund, $776,700 of outstanding convertible 3 '/2
due June 15, 1952. at 103 and interest.
Payment will be
the office of J. P. Morgan & Cp. Incorporated, as sinking
There have been called
moneys in
debentures
made
at
fund agent,
23 Wall St., New
York, N, Y.—V. 160, p. 1192.
2006
'
Philadelphia Electric Co.—Weekly
•
The
4,441,000' kwh;,
of
3.5'%
or
kwh,, an increase
the 'same week 'in 1943.
^ '
over
i
Redemption of Bonds—
due
106
et
and deplet. of
plants & equip.
'■Deprec.
'
prop,,
»
Rutland RR.—Earnings-
-
1944—9 Mos,—1943
„
>
573,781
.
844,615
..
.
'
Gross
From
for Fed.
Prov.
)
inc.
ft'-*'
,**'*'• 7
: I
8,450,000 22,750,000 38,050,000
and
5,800,000
prof." taxes (est.)'
exc.
Gross
net
135 South Broad St., Philadelphia, Pa.; or,}
•.•wfc~the option of the holder, at the office of J. P. Morgan & Co. Incor-,
porated, 23 Wall St., New York, N. Y,
■
■
■ •
,
Immediate payment of the full redemption price,-together with inter¬
est to Dec. 2,
1944,-will- be* made upon presentation of the • above>i=ientioned bonds at any time.~V. 160, p. ,1867.
;
i
J * . tlelphit Trust Co., trustee,
Earns,
of
$0.30
share-
com.
per
^Includes
$2,452,869.
$2,195,526.
income—
amortization of
$6470r792.
$8,456,601:
7
.
in first nine months) of expenses including unamortized'
discount and expense, call premium, .and interest on bonds '
in connection with the refunding of debt) involving •
issuance in May,- -1944;-of $50,000,000 1st mortgage 3'/2% bonds
serial notes $24*,600,000.—V.- 160, p.-1742. — — - :
"k 7: v i.y. -
-Earnirigs-
Pittsburg Shawmut & Northern Kit.
*
September—
_•
/
-
•
$97,207 !
from railway..:—."
Gross
1.028
Net .from' railway-,
:
Prom Jan.
Across from
[
,
160,
197,115
/
-.113,820 ;
'62,621 1
-
1,141,278
,* 384,036
- .233,310
-
66,460.3
■
„■
"1942
1944
.1943
$140,242
$115,998
54,688
'
railway—*//_ '* '
oper. income—
from
.
Net ry.
'From Jan., 1—
•:
,
Net ry.
—V.
income— 1
oper.
160,
31,097
1,095,792
929,823
753,633
350,684
318,542
231,505
201,619
262,159
152,410
31,624
189,954-
Trust
Co.,. New York. .Transfer agents.
N. J,; and Corporation Trust Co.,;
,/ 7.7 7 7
^"'.7 ; '
Un¬
the
organic solvents to a
rubbers and in many
natural rubber of any
V
There
,
for redemption
account*
1, next,, for
Dec.
on
of, first, mortgage 4% %
bonds due
and interest.
■
' have also been called for redemption on the same date, out of
of outstanding first
$131,000
Bank &
barges, road building equipment, steam shovels, locomotives, oil
filters, agricultural equipment, and various kinds of industrial equip¬
ment such as machine tools, textile and shoe manufacturing machines
from
Gross
Net ry.
$606,920
$594,916
192,935
208,249
225,941
199,539,
153,164
200,287
150,348
income,
oper.
From Jan. 1—
Gross
from
from
Net
Net
oper,
ry.
—V.
1,681,147
160,
income— / 1,308,102
3,905,547
1,390,869
1,129,697
4,764,985
5,937,185
2,174,486
1,394,991'
5,482,744
railway,—1
railway
1,644,288
1,304,250
1530. ''
p.
called for redemption
been
:$81,000 first mortgage and collateral trust bonds, 3%
series, due 1974, was made Nov. 2 by an underwriting
group headed by W. C. Lnngley & Co. The bonds were
priced to the public at 102%%' and accrued interest.—
v. 160, p. 1686.
'; ,//■.:
■.' /
/
Corp.—Output-
Public Utility Engineering & Service
'
output of the operating companies served by this1 corporation
reported by Standard Gks &: Electric Co.) for the- week ended Oct. 28, 1944,' totaled 193,481,000 kwh., as compared with 203,-.
■530,000 kwh., for the corresponding week last year, a decrease of
Electric
(formerly
4.9%.—V, 160, p. 1868.
;
'
;;
.%,■-
.■
interest.
$525,000
of
first
on
414%
mortgage
/
:
1, next, at 104 «4, and
Dec.
bonds, due
Dec.
1972..
1.
Payment will be niade at the Old Colony Trust Co., trustee.. 45 Mill/ St.,
Boston,r Mass.,. or. at the Seattle-First. National
Bank, co-trustee,'
Seattle, Wash.—V. 160, p.-1742.:
~
' V
1
/
Capitalization of the Corporation
Present
7.,:
stock
Common
r
.
(par $1)_
'
7;
;
*If all the shares now
,7 ;
,
-1-
—
'
share
interest paid on prior., lien "mortg?ge;.bonds
of "
Tiy.
Francisco
pledg.ed'/under the/consolidated
Co.
*
;
77
"7.7 7 v7/77 /
"
'
' 7'. 7' '7.7':"
"7-
*'/■'"
.
in respect of the series-A bonds
the unpaid balance of $15.12 of ,the interest ^instal¬
which became1 due and payable ,on7 Sept), 1/ 1933, do* the -pay¬
in full of the ,interest instatoent which became due and payable
,
1934,: and .to
1.
instalment* which
in
respect
the
payment .ot^Xl.IS'on. account-;.of
a
and. payable
became ;dUe
the
of
series, Bvbonds,.'td
'
"'.,-7"
777 .7
./■;■*:' • '
'■■ ■ *'" ' "'**■
'
bonds, of each issue, should be presented to C, W. .Michel,
representative, Room
25497 120
Broadway, New;
York
5., N. Y., or, to the Treasurer for* said, trustees/Room'-912.
Frisco
Bldg., St. Louis
1,
Mo.
The bonds will be stamped with
appropriate legend of such payment pursuant to above court order,
and returned to holders.
•
7
lr 1933,"
.
The actual
eastern
,
Certificates
deposit
of
The
New
National
Chase
York
15.
N.
corporate- trust
Bank,
.
be
should
bonds
payment; of such interest to
deoartment,
*
Y.
11 Broad St.,
".,.* 7.'
■
.
foreign holders only. ,V :
certificates of deposit therefor
be presented for collection of such interest before Dec. 6, 1944.-
Ownership
certificates
consolidated
No
:
mortgage
consolidated
for
for stamping and
presented or forwarded
should
will
mortgage
be required of
bonds
Earnings
or
from
Net
from
Net
ry.
railway.
3,079,262
1,619,163
2,008,186
86,161,891
78,697,926
$5,306,766
59,504,217
19.848,380
16,259,887
3,225,835
income.
oper.
$8,254,001
3,453,682
3,037,171
$9,048,501
,
1941
1942
1943
$9,652,029
„!_
railway.—.
Only
of Company
1944
September—Gross
.42,963,736
1,63.9,681
1,368,893
From Jan. 1—
Gross
from
Net
ry.
railway.. .«w,;
railway....
from
Net
...
26,778,014
27,900,382
income.
__
12,365,929
17,330,627
oper.
;,'*". 7/
-
■
•;
V Earnings of System
%■;■
'
7 %
'
Period—
oper.
revenues
Total
oper.
expenses
Net
$10,021,495
6,827,435
income...^
oper.
ry.
income
Total
11,718,527
8,827,699
v -'1.
■
1944—9 Mos.—1943
4,524
$2,183,316 $13,208,380 $18,613,623
67;925
42,472
107,773
$1,687,473
from
1
$9,557,983 $90,260,809 $82,809,637
6,044,956
61,575,838 52,780,228
2,166.386
12,945,733 . 18,460.260
16,930
262,647
153,364
<
1,662,840
29,157
Other income
Deducts,
-r
1944—Month—1943
Total
$2,115,392 $13,165,908 $18,505,850
$1,691,997
income.
offered
7
*
in
2,200 shakes; no -par)
of
new
Ended-—"——40 Week Ended-——'
Sales
in. September. 1944-and $10,994;238
1944 for-estimated income and excess-
$1,064,000
Sept.
30,
'
7../,/■/■■ 194*
■
and
$6,920,128
'
-•••..-•
Net from
in-
•
from
1—
-
;
■
"
••
:;.■). •
'
42,126'
8,838
239,537
•
2,381,120 ^ 1,388,496
1,097,862
; 418.814*.
3,219,712
1,673,204^
3,033,014v
from ..railway—1,334,822 )
1941
$152,467
275,232
113,955
11,315
; *-:
railwayv
1942
$414,772
7
.
.
railway■
From' Jan.
;
Gross
Net
1943
$266,908 ■*
$388,792 •'
58*557%:
217.523
Nek-ry. oper; income!!!--;/
,
•
Net ry. oper,-
-^v.-160,
/ '
Authorized; "Outstanding.
®150,000shs.
p,
income™!' '
*
765,707
326,833 ** -* * 018,989 '
106,072
7
1531,
St. Louis Southwestern
/
350,000 shs.
Railways-Interest—
first mortg»-g^4%7.ffold bond
Nov,.' 1, ,1944, pn) the
C The. Interest due.
due-1989; was paid on that date-at; office of-Central.
Hanover Bank and. Trust Co.,..New^ York,—V. : 160,4 p. 1743."- *'
./ '.certificates,
San Antonio Uvalde &
were 'exchanged-for and - reclassified -into 150,000
stock ($T,par) on the-basis of 36.25 shares of;
Gross. from
railway!-'/! f
Net
ry,
oper.
•
30,821.
incomr-!-v'
1 *17,063
1943*
-•
^
$265,244
from railway™
Net
Ended Jane 30
Gulf RRi—Earnings—
1944~
September—•'
for each share of preferred
and Earnings,. Years
to
Gross" from railway//!,! :
stock and 55 shares ofcommon"stock: for each share of old compion* stock, ••... . ... /; / :
^lock
1,
St, Louis San Francisco & Texas, Ry,- -Earnings—
new common
common
period Jan.
September—
stock issued-and-outstanding will be 250,000 shares)
194*r as a result of a voluntary recapitalization, all
preferred stock (800 shares, par $100) and common stock
the
deductions* of
profits taxes compared - with $858,249 -jln' month
period last year.—V. 160, p.: 1901. 4 •,,/'-
Sept; 15.
On
of
fixed
for
.charges
sold and issued the total amount
are
avail,
^Bal,
^After
of common
shares
(& Subs.)—Earnings—
-12 Weeks
7'
*
executive
right of cancellation. The:
70% of its backlog is for
products: to be used* in connection with the war program, : .
7
• :
new
,/ Purity Bakeries Corp.
ahrioqnced that
on
pay
mortgage
payments will be applied (a)
(b)
Dec.
$1,283,410, most of which, was subject to a
corporation estimates that approximately
-
.
Payment—
on Sept; 1. 1934,
the' paymeht of the
unpaid balance of $24.59 Of the Interest .instalment, which became
due and payable-on June 1,
1933, and to a payment of '$18.09 on
account of the Interest instalment which became due and payable on
and
; ■ 7;
7* 7; , 7
1944,sthe corporation's backlog of unfilled orders-was<
As of June-30,
,
Puget Sound Power & Light Co.—-Calls Bonds—
/There have been called for redemption
"
interest
assemblies.
miscellaneous
*
2,540,581 "• 1,303,616
7-.,",7 Z- .*"* - / " 7 ''>7
interest .will be paid, at ' the folldwing.' rate's: 7 $38:80 (on *each
series- A 4Mi % bond, and $+2.68 ; on eich "$1/000 series; B 6%
March.
on
7* 7 ,
During the four year period ended Dec. 31, 1940, while the corpora¬
tion was engaged primarily In research, development and introduction*
of its product on a commercial basis, sales showed a steady increase
but had-not yet reached a sufficient; volume to produce a profit.
, •
Up until Dec. 31, 1941', the corporation estimates that a very small
percent of its output went into war production- No one of its pre-war.
customers took a substantial amount of its output.
During the last fiscal year, practically all of the corporation's out¬
put went,- either directly or. indirectly, into the war effort.
Approxi¬
mately 50% of the corporation's, output consisted* of . low, pressure, air-:
craft hose assemblies.
About 30% of its output consisted of automotive. -industrial- and marine hose and hose assemblies and about 20%
of its output was protective clothing,
coatings, moulded shapes and
as of
Offered—Offering of $16,-
Potomac Edison Co.—Bonds
to
the payment of
ment
.
/
.1,937,696
3,974,165
6,597,0517
,,
secticides
Dec. 1, 1944, at 10014
and interest, $225,000 of first mortgage 5%' bonds due by extension
July 1, 1950, at the Bankers Trust Co., successor trustee, 16 Wall St.,
New York. N. Y.—V. 160, p. 769.
have
6,878,664-
prepared
distributive
ment
and other
gases, in¬
phragms and impellors for use in contact with fuels, oils
organic solvents, natural and manufactured gases, military
and refrigerants;
:
"
.
Portland General Electric Co.—Bonds Called—
There
96,970
5,64b;644
8.791,283 **
12;317,960 *
.
consolidated
of
St., Bouis-San
to
hydraulic controls;
*
\
• '
7(2)
Hose and hose assemblies for conducting organic solvents and
gases in
the air-conditioning, refrigerating, degreasing, dry-cleaning,
welding and cutting, paint spray, fire extinguisher, X-Ray, radio tube
making and many chemical fields;.
7
(3); Tubing for laboratory and experimental uses;
(4)
Industrial gloves, hats, aprons and other protective clothing;
(5)
Coating compounds for paper, wood, metal and leather, includ¬
ing coatings for wire baskets used in handling machined parts, and
coatings for gas proofing;
(6)Molded products,
such as/ gaskets, packings, washers, dia¬
$508,772
$614,436
f
"
andJFrank A. Thompson, trustees; have
be
will
7 Such
and
221,976
railway,—
railway
from
Let
1941
1942
1943
«
-135,353
• '
255,046
and after Dec.-/It,71944; vto the
bonds, series-'. A., and: series B, the
distributive share of principal, and interest paid- on The. Kansas. City
Fort Scott «fc Memphis Ry.
Co. refunding!morteage' 4% ,:bonds|,,and
they
principal products which the corporation has been manufac¬
its COMPAR materials are;
Hose and hose assemblies for Use in flexible fuel, hydraulic,
lubricating
and
vacuum
systems on automobiles, aircraft, busses,
trucks, tractors, stationary engines, Diesel engines, motor boats, land¬
Pittsburgh & West Virginia Ry.—Earnings—
1944
-
-1,877,401--2,097,18$ '
income^!!*
1531.
Kurn
M.
holders
ing
September—
railway—
p.
(1)
Broadway. New York, N. Y.—V. 160, p. 1299.
Trust Co.. trustee. 165
$542,299
*
•535,359
"•
turing from
series C.
bonds,
;
1941,
-
$1,0*1,726
•
170,0437
St. Louis-San Francisco Ry.—Interest
J.
The
mortgage
due Dec. l, 1950. at 100 and interest.
Payment of the called bonds will be made at the Chemical
4Vs%
1942 -'7
:■*
547;706'
-
14:568,103':
rallwayir!-'"
oper.*
U-V.7l60,;
Manufactured Products
7
,
sinking fund.
in-the
moneys
102 Va
at
1950.
1,
of the management COMPAR resists
greater degree than the best of the synthetic
applications is much more wear-resistant than
of the synthetics.
opinion
$124,000
fund,
sinking
the.
Dec.
1936, in New York.
that has. risen from the recent;
developments in the chemical ; field, of synthetic plastics and resins,
The principal material which it developed and now uses In. its manu~.
facture is a chemical composition called COMPAR.
This material is a
tough, flexible, resilient, synthetic resin of high tensile strength.
rubber, it is not effected by almost all organic solvents.
In
have been called
There
of
from
$1,000
..
.'■•
York.
Corporation is one of those companies
Steel Co.—Bonds Called—
77. '
From Jan. 1—
Gross
.•
Offered—-An offering of 100,-
like
Pittsburgh
206,628
mortgage; aggregating iir amount, $4,989,973,% '
($1 par), common stock was made Nov.
Business—Corporation was incorporated Nov. 27,
;
361,237
■
,434;278
*; .1
$1,239,126* $17232,558
125,909
of
.
Registrar, .Manufacturers
New
1530.
p.
*, v NOTE—-Far
Corporation Trust Co., Jersey; City,
.39,498'
.
392,615
Said
$98,392
1943
7719
1
.
oper; 'income!!-*
ry.
bond.
v.-
1,170,156
261,499
railway--—
from
Net
„
Resistoflex Corp.—Stock
:
236,942
Mexico Ry.—Earnings— J*.
Net
Canada
1 by
Herrick, Waddell & Co., Inc. The stock was priced at
$4 a share. The stock is offered as a speculation.
■ 7
26,520
.20,292
23,462 i
1
railway—_
from
Gross
of
Bank
-
,
Net
railway--—
from
Gross
Royal
The
at
mechanical reasons it is natr always
possible ta arrange companies in exact alphabetical
order, r'However, they are always as near alphabetical
position as-passible.•.7*.
, /
1941
$12.9,295
30,680
September^
i
56,294
2,836,349
7-
railway^-!-
from
Gross
Toronto, Halifax,- Saint John. Charlottetown,-
000 shares
Pittsburg & Shawmut RR.t -Earnings—"%/;v f
:
in Montreal,:. Quebec,
Ottawa, Hamilton. -Winni-) •
peg. Regina. Calgary, Vancouver or Victoria- Canada! or, at the*holders'
option,, at the agency of said.bank in New York City, or in London,^
England.—V.,. 146, .p.. 3966;
:: > . • j
:. .7
made
k
1530.-*
p.
65,186
44,150
.
..
Net from railway-_i-_7-
Net * ry;
<.
outstanding 6% sinking fund mortgage^bonds- have been) '
redemption on Jan. I, next, at 101 and interest.
Payment
for
29,682
68,934
'■; 72,747
the
of
be
.
•
.1,110,461
1,111,771
963,186<•
•• • -
48,347 - - • • 238,745
Ny. ry. oper. incomer.!!
'"Loss.—V.
16,944
12,666.
.
,
1531.
160, p.
the
•28,677.
26,753
•
) All
called
will
269,090
income-!-,
oper.
Net from
j Restlgouche Co., Ltd.—To Redeem Bonds-r-
$151,246
46,459;
i
$116,714
'
; ;.
■
railway—
from'
Net
i— ';
railwayed-.-
i
and
1941
1942..
1943
$123,345
.
'10,320:
oper.: in Cornell-•'
Ttfer- ry.
%/••
1944-
.!
notes- retired
the
ry.
September—
balance of
Cincinnati, Chicago & St; Louis RR.~Calls
Series C; 4% % General Mortgage Bonds for Payment-— /.
All
of
the outstanding-4%^' general mortgage bonds,
series -C/'
«ue July
1. 1977; have been called for redemption as of Jan. 1. next., . .;
ef 105 and interest.'
Payment will be made. at office of the- company
in Philadelphia, Pa., or, at the option of ..the holder, the agency of
the company at 380 Seventh Ave.; New York, N. Y.■•*„?>•
v'\•Holders of these bonds may. at their option surrender the same at
any time prior to, Jan. 1. 1945. and thereupon receive the full redemp¬
tion price, plus accrued interest to Jan, l, 1945.—V. 160, p. 1868. ; ~
$255,691
;3,444,911* * 3,186,001
•403,245
? 591,293
43,296*) :
3,789,527
railway----
St. Louis Brownsville A,
$2,935,000
V Pittsburgh,
7
income_2_.
1941.
.
$375,855
7.80,835
'
•
7'1
Note—Statement's of income for third quarter and first nine months
1944 include deduction of a proportion ($1,560,000 in third quarter; '
and
railway-
1942
.,
89,002;
* $434,599
$1.23
$0.88
$0.34
facilities,
emergency
1943
„
*
71,040
Jan, I— 7 .7,.,
from
—V.
*
$469,524
-
Net; from railway..
Net
Consol.
1944
*
.
...
railway—^,
Net- ry.- oper.
2,668,937.
2,300,371
from
s
from
Net
..
have been; called for redemption as of Dec. 2, next,
interest.
Payment will be made at the Pidelity-Phila-,
September^—
.
' .'
1.
1 '
5,177,878 12,989,813: T5.308,638
' '4,396,380 1
funded debt-—
Int. on
;
operations $12,965,687 $16,925,362 $44,510,976 $64,484,176)
from
Income
,
1967,
and
1944—3 ^05,^1943
/ Period End.; Sept. 30—
bonds, ■ 3%-ft
and refunding mortgage
outstanding" first
the
Air of
series
> -
for this company and
1944, amounted to 131,095,000
28,
/
/Republic Steel Corp. (<& Subs.)—Earnings—d :
n
it8 subsidiaries for the
output
electfic
ended Oct.
week
Output— -
1
'
1942
-
1941)-
■
$128,866
$156,461
$265,303 -1
80,186'
•
9,017 ■
15,183
24,584
"18,068
"11,997
'*"
■
X
r
"
•••'.
■
,Shares
(no
-Oct. 7. '44
;
■
♦Consol., net/'income---
of
,
Oct. 9,'43
^
---4
••7- 7-
$1,629,326
r ' 773,096
772.476'
$0.63
772,476
r
$2.11:
1943
$0;62^
/ •
* After interest, denreciation, Federal
.deduction for. minority interests,
.'
taxes,
.
*
1941—*
all
other
;
160,
p.
1868.
-
!
$182,198
387,636
•
-1-/
June
Current
-
.
.
•.
^
,
"
194**
30—
Period End.
oper.
360,835
.
$4,536,285
'
•Operating expenses
:
-Maintenance
282,659
■
"
>
*,Taxes
—
——
.*
244,057
325,993
837,061
-
1944—12 Mos.—1943
$5,868,429
$5,504,936
2,074,913 ' *2.90fl.62O
325,173
IDepreciation
.
$4,169,950
2,1.80,943
781,301
390,022
/
2,823,278
342,269
,*
433,837
,
,
357,297
$100,925
capital—est,—
434,307
' 968,797
913,692
$75,278
•
$910,449*' ,r$743,686
Operating income*
;
Gross
62,190
—.
$972,639
income
"
♦iiww
Other
long-term debt-
interest
'
$1,166,153
$991,396
81,656
76,565
57,722
.
$8G1;408
$1^247,809
559,313 ^ / 561,394' ? 746,444
16,540
Amortization
3,182
.
.
21,673.
2,740"
$1,067,955
- *
'748.525
25,6.48
22,487
.
7,149
*
-
6,083
194*
GroSA- from
railway-Net from railway
_/Net" ry.
oper;
From Jan. 1—
,
..
.
Cross, from railway.!-!
.
Net .income.
-
"$393,604*;.. $215,601
"
•$471,729'.,", $287,690
^Including provision for income tax. tOf debt discount ^ud -expense
ft ad - miscellaneous deducticms.—V. 160, p. 470.'
,
160,
p.
•
"$1,040,106
; - «4i*,470'
132,833'
' 2,488,638
-
27J357',075
*
19,783,876
.11.321,529
-
2,284,527
16,489,310
2,986,946
10.176.657•.
4-.072.357,
2,000,996
1944-
%
;
-1
1943
* * '
' 1942
%
'*
oper.
19417
$5,085,215
1,289,316
931,436
-
railway
railway——
income—
15.42%
to
91.20%-of
/• The committees are
106,336,691. 102,911,129
40,569,515
46,162,355
77,581,139
30,786,349
46,577,845
11,943,555
26,050,048
21,634,085
7,776,652
16,981,79)3
the various issues.
.
.
.7'-'-'
notifying holders of certificates of deposit
.
,
Jhafc.
withdrawn from* deposit with the committees, on. op before
Dec! % 1944/ Will bef bouhd by The tor jits Of "the plan of "Reorganization!
The reorganization committee- is solicittnt tlie deposit with -Chemical
Bank
Trust Co. of bonds which are net deposited- with - the pro- *
19*1
'
...
-frpittf; railway-!-!— / *1.T274,63T:
Jfet ry.. oper. income-—V.
■'
261,506
28,628,314
.
Net
-
1,589,405
' •*
income
1942 V
1942
*$2,599,325
1,645,795
1,660.508
283,68* ) '. 431,176
$2,890,605
$3,011,365
,
75,066
"213,026
Adoption and Approval of Plan—
.
Official notice of the- adoption and approval of the plan of reor¬
ganization was given Nov, 1 by protective committees-representing 12
bonds:issues, of the company^ The .amounts of .publicly-held securities;
represented by the several committees On Sept, 30. 1944, ranged from
Potomac RR.—Earnings
1943*
1943
*
'
1—
Jan.
from
from
Net ry.
.
Richmond Fredericksburg, &
•September—
122,662
from
From
Net
.
.
1,031,819
"241,539
-
bonds
O cher i ncome. < net) -
1,326,781
railway—:— $11,263,575 $10,685,112 $10,073,848
4,144",907 • 4,500:817 - • -4,584,198
Net from railway/——
1,826,448
2,271,834
2,250,014
Net ry. oper. income—-
Gross
.
,
Seaboard Air Lines Ry /-.Earnings—
Gross
itself to purchase 75,000 shares
of common stock and exercises its option to purchase an additional
25,000 sharest the estimated proceeds to the corporation, after deduct¬
ing underwriting commissions and expenses, will be $322,350.
In the
event the underwriter commits itself to purchase 75.000 shares
but
does not exercise anv part of its option, to purchase -the additional
25,000 shares, the estimated proceeds to the, corporation, after deduct¬
ing underwriting commissions and expenses,; will be $237,350. ' All-of,
said
proceeds- will be used by the corporation
as added working
capital.
;
•
,
,*
. 7
•
.
,
,
railway—,—
'September-—
$159,793
84,525
Purpose—If the underwriter commits
-■'■». 1
1944—9 Mos.—1943 •'
Sept. 30—
revenues---
$458,222
from
.
1942- *
1943
$118,879
322,350
//___
liabilities
capital
Additional working
Queens Borough Gas & Electric Co.—Earnings—1
Total
■
$479,714
assets
Current
1192.
"
154,704 ,7
62,8527
*42,204
•
Quarterly Income Shares, Inc.—Merger Proposed—
160, p.
25,285
Condition '
•
-
2,119,438 ;• 1,978.057 •
Net from railway———
79,660 ; :
5I*.**26 Net ry. oper. income.—- * •
"399,893 * " -' 36,675
"Loss.—V. 160, p. 1531.
/
/
: .7$2,193:
$2,193
25,591
157,965
/:- %
From Jan..
Gross
-
Financial
-
See American Business Shares,.Inc.—V.
,
.1,799450.
77
Working
.
,
1.077,763
.
,' •
.
Consolidated net income before provision for Federal income and
excess
profits taxes for the 40 weeks ended Oct. 9, 1944 amounts to
43;:970.043 and compares with $3,967,054 for the corresponding period
1943.—V.
'
4,
-
1944 '
and
charges
;
;
Cf
Net ' "" Net Profs. NetProfs.Sales -Bef. Tax.. Aft.*Tax.>
•
<•
1942
$2.05
■
.773,096
.
.
•
*
year—
$1,584,628
stock..
com.
par) -
Earnings per, share_-_'_
.
Oct. 9,'43
Oct. 7,.'44.
$486,147 .'- $481,689
;
.
not
teettve•
committees-.%'•% '/-
-
•
*/..
• -
)
Application has been-made* to list on the- New- York Stock -Exchange ?
certificates-of deposit To -be issned by • th<y reorganization committee for Issues ottfOnds which are-listed;'-611.the-Stock.ExChange;—
*. >
The reo"ganlzatibrt: committer is' asking.-the-ecmrtrthafe the Teoetvers be. dirfcted: to ,pay ;ai>Rr<>kirnately -one*hal£*ot"th0"ibacfe interest ((pay¬
able in cash -under therplan). on CaroliQa. Central,Ttcst niorfg.a^e ;bond3;
and* Florida Central and Peninsular first consolidated mortgage, bonds.
the
.^Volume 160
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4331
be
,
the
receivers
Shawmut
9 MPs. End.
.$233,232
Administration expenses
-
25,060
FederaLcap. stock fax.
■
divs.
9,900 V,
paid
at
source*
»t.'
c
'on
903
-
...
.
Total
-
.
•53*107
7
175481
"'Participating.- payment-..,
FetL .fax adjust.—
Incr.
book-.amounts
.1 175,477
r
of
by
class.'
of
of
term
office
three
years.
Company has 10 directors, each of
annually for a period of one year,
tinder
directors would be divided into three classes,
two consisting of three directors each and the third of four directors.
aggregate
the
three
other
any
1
is
presently elected
The
-
first
class
hold
would
office
until
the
annual
meeting
third
the
would
of
special
the
each
in
the
this
elected
having
to
annual
third
and
for
the
full
1947.
Their
three-year terms.
fourth
the
in November,
second
1945; Nov. 6,
in
meeting
been amended; subject to
certificate of incorporation,
the
meeting from
Wednesday
first,
be
case
company
amendment
annua]
the
until
terms
classes
Thursday, in
successors)
The by-laws
adoption
the
May
and ;a-;ne«r market for such stock
.;
'
jthV National
of the -present directors of tin*
expire respectively on Nov. 7,
would
,
1946, and Nov. 5, 1947.
;
The management helieves that it ,is -in the best interests of the. com¬
pany'to
insure
continuation, of." .W "majority: of the .present boai;<$.
sufficient period of time to complete the reorganifca-i
the
of .directors for: a
tion
-andvrefihancing of the company and its subsidiaries.
Consolidated Income Statement,
can. be
created^
'
.
Gross
'/
H
;
operating .revenues—Natural
•of. Bostori# -V.
cold :
Ice 'and
management recommends authorization of 35,538 shares of
class A participating - stock to be issued solely in exchange for
existing class A participating stock in the ratio of one- share of • new
stock for each five shares of old stock. * The new class A participating
"f stoqk as tq*; cla^s; will have ^the^ same relative -rights a,nd. preferehces
with-respect to Other5 classes' of stock a.s the existing; class A par-
Cost
of goods sold-1--^-
,
■
' 1944' >
■'1942'
'1943
:
'
^ picipating stock.* A
1941
?'
ticipating stock is
sales,i lessi discts.^SlO, 278,626 ;$21,794.970 $19,871,301 $15,266,368
Gross
t
1232. -V/' >
160,'p.
(& Subs.)—Earnings—
Simonds Saw & Steel Co.
'gJSos. End. Sept: 30—
8,325,987
11,787,368
:13,994,928
13,187,-043
storage.^U—
*-
■
-'Authorized
81,398
76,608,"
.
50,783
■
shares
(177,690
issuable only
.
,
5,575
677,610
535,300
543,349
.:
inc. taxes-
Can.
Fro v.
for
'U-*—:
Cr417,900 •■
300,000
contingencies
special
r —i:
—
net
Consol.
i
Government;
on
596,400
,.
.
$2,20$2.47
$2.37
$4.00
option
•'
Corporate Simplification Nov.; 22—
Aspecial meeting of stockholders has betn called for Nov. 22,
a general program of corporate
•which
The letter, in part,
President.'
1940 Southeastern Gas
In
&
follows;
1944,
sim¬
with major
imminent.
#-7
';
the
holders, of
•payable
Much success has
to
attended the efforts of the
revenues -
Gross
Income
lien
First
1^228,000
756,000
1,739,500
1,362,000
$Decrease.
.
*
■
;•
:
■
I
well
suited to the purpose for which they were issued
and to tide the
company over a difficult .period—-should now, in the light of tht, com¬
pany's progress, be replaced by new issues better suited to the char¬
acter of the company's business and its future as we see it.
Holders
of generkl lien income bonds will very shortly receive the details of
an-exchange offer which we believe will prove attractive to them and
which, if successful, will result in major benefits to the company.
When
the
general lien exchange program has been completed a
program, for refunding the company's first lien debt on a more satis¬
factory basis at a lower interest, rate will be announced.
securities
But
action
at
of
program—which ,we believe will prove .of considerable
you
as
stockholders—is predicated upon affirmative
the forthcoming stockholders' meeting.
Below is a descrip¬
of
to
the
together
be
to the voluntary plan—although
this
advantage
tion
issued pursuant
proposals, which the stockholders, are
a Jew of the. secondary reasons why
with-
specific
asked
such
to adopt,
action will
benefit:
,
Proposal A—Issue
of New Special Participating Stock
The management recommends authorization of 87,225 shares of 'new
special-participating stock (par $1).
There are presently outstanding
(or
issuable upon exchange of old general lien bonds) 3,489 shares
of existing special participating stock; and the number of shares of
the proposed issue is sufficient to permit the exchange of each share
of such stock for 25 shares of new special participating stock. • No
„
of
stock will be issued except upon
special participating stock as a class will
have
the same preferences ,pver o.ther ,classes of stock as, has tl)e
existing special participating stock.
A summary of the provisions of
the special participating stock is as follows';
],
,
shares
«uch
new
exchange.
special
The
participating
new
,
,
Par
special
Value—Existing special participating stock,
participating
Authorized
new
special
stock,
$1
per .share.
...
$1
-
per-
share;, new
......
t.
Issue—Existing special participating stock, 3,489 shares;
stock, 87,225 shares, issuable only in ex-
participating
none.
new,
thus
stock
benefit
stockholders;
all
should make
stock
the
and
-
y
..
the ratio
of
share' of
one
indicated
As
above,
stock
new
the
relative
for
stock
as
will
class
a
Value-^Existing common
Issue—Existing
new
be
.
,
cents
the
:' ;
share;
per
w
com¬
to
approximately
500,000
shares,
shares
issuable
of cash dividends paid
o
Southern Pacific
r
68#- of any additional'dividends, with the
going to the class A participating stock.
participating stock,
the holders
to
of
the
common
balance
stock.
the
of
*
Net- ry.
:
income.
oper.
railway.:
railway
i.
oper^J income.
Rights—Existing' and
assets
to
are
be
(1)
benefit
new,
York
transfer
shares
State
10
shares
into
transfer,, taxes
none.
117,771,918
30/785,091
__
stock in
substantially
franchise
payable by
reduce; the
annual
the
following
to
Gross
—V.
1944
payable by the company,
(3). the unit value of the
and
stock'more marketable and
more
and
New
stock
new
benefit
should
useful, for purposes of
the
upon
(2)
York
thus
and
the
(since the
stockholder
it
State
160,
$
«*,.:.
from
Net
ry.: oper,
from
Gross
Net
from
Net
ry.
—V.
Net ry.
Proposal D—Change
The
in Name
of
management recommends changing the
Southeastern
Corp."
At
the
time
of
the
subsidiaries has been effected
within the last few ye^rs, and "it 'is. ihe
company's policy to dispose, of the. (remaining twb properties,'-.when
suitable purchasers can', be,,found.
Present income "from these .t)Vo
,
'water properties' represents 'less than 2# "of the
revenues,
the
and
company's
criticism
and
it is
title
our
is
belief
that
misleading
possible legal
inclusion
and
may
complications.
1943
J
^
1943
1942
$165,614
$171,942
$79,520.
66,947
85,487
31,321
22,796
40,146
26,301)
1,109,123
711,13ti
502,816
234,29€
261,589
151,585
l,521j667
712,450
•
233,304
1941
/.a.V
.,
,1944
■/,;
railway....-,
,1943
$2,534,187
$1 ,318,665
1,022,212
573,153*
748,424
361,217
13,820,490
8,426,031** 6,750,055
4,345,631
4,711,641
501,936
1,015,348
,
income..^.
700,288
162,731
433,761
.
1941
1942
$1,856,354
$1,904,235
Net
from
Net
ry.
—V.
(■
■;
railway......
income
oper.
160,
•
19,254,990
6,300,441
« 2,999,647
•f
1532.
p.
dends
of
■
Accident Insurance
on
the
on
Oct.
..
Dividend
declared a quarterly dividend of 36 V* cents
stock,''par $10," payable Dec. 5 to holders of
the company paid regular quarterly divi¬
share each.—V. 160, p. 1671.
31
common
cents
62'/a
Co.—Smaller
Previously
24,
Standard
,147,254
■
'*
.
Standard
,664,620
* ; *
/..*
Nov.
17,568,088
per
J.'j^Extra
Oir?"Go. (N.
Dividend—
The directors op ^'ov. f declared an ext.ra
and the regular '^mi-annual* dividend
dividend of 75 cents perof 50 cents per share on
stock,;/par $25, both payable Dec. 12 to holders of record
Like
(amount's' were disbursed on June 12. last. Extras m
share
the
capital
each
,cents
the
company
paid on June 15
were
,
on'Dec.
last
15,
year,
and Dec. 15. 1943.
In addition,
paid a dividend of one share of'
on each
Company
name
company
a
'
j
Consolidated Natural Gas Co. capital stock of $15 par value
10 shares of Standard stock held.—V. 160, p. 1532.
of the company to
organization of the
it .controlled six water company subsidiaries which provided
substantial part of the company's income.
Sale of four of these
"The
1443.
Gross'from' railway.:..
50
this matter.
on
income...
p.
oper.
Nov., ,15.
other proposal or any combination of proposals is adopted,
a
net
decrease in the amount of capital stock of the
1944
6,366,375 278,672,223 265,179,034
From Jan. 1—
and if any
No separate vote is required
>
railway.,
from
adoptioh -of Proposal B (decrease in' shares of class A participating stock)' will "result in 'decreasing" the capital stock of the
company by.$142;152;' and adoption of Proposal C (decrease in shares
of common stock)'will result in decreasing the capital stock of .the
company-by $171,126. '•1 IfProposal1 A (increase in shares of.special)
participating *stock) - alone is adopted 'there will be-a net increase,
company.
''v'-;.■'■
1,562,169
497,703
179,925
-
•
railway^
oper.
160,
record
be
'
..
Spokane,Portland, & Seattle Ry.—Earnings—
$83,736;
will
income
t
Adoption of proposal A (increase -in shares of special participating
stock)'will result *in increasing the capital'stock of the company by
Jan. 1 to Oct. 21
.
$
1944
$162,163
51,246
19,483
railway
The directors
(
-
1S43
*
^
1901.
p.
Net
per share
there
56,628,289
35,6(63,33?
Spokane International RR.- -Earnings—
all stock¬
make the
collateral,
Resulting Change in Amount of Capital Stock
a,.
4,436/189
.
167,^7<b90
258,722,902
136,440/437 100,645,519"
46,329,788
49,476,880
6,619,470
earnings
September—
Gross from railway
ways:
one-tenth
10 existing shares;
Delaware
taxes
holders;
the
it will reduce
one,
..transferor the interest repressed by each
will,
7,591,537
,,
Week End. Oct. 21
N?t from railway—
the company are located in New York)
books^ of
5,049,857
4,918,878
.
Southern Ry.—Earnings-
Septeipbei*— '
will, in the opinion of the manage¬
£he holders: of common
By combining
New
new
1941:
1942
.#"•372,650,664 344,602,395
period—
From Jan. 1—■ -#■
'
The issuance)of the
1943
1744.
160, p.
Gross
ment
.
$41,670,456 $38,713,661 $34,963,483 $21,669,74.7
13,390,362
15,790,419
15,892,899
7,496,341
from
ry.
—V.
mately,32# to the class _A participating stock.
.
•
From Jan. -1—
Gross from
-
Voting Rights—Existing and new—Subject to the right of the
special participating stock to cast 75# of all' vpteS;: #1) "When less
.than eight quarterly dividends on class A participating stock are,in
arrears, the common st.ock has all the remaining voting power; (2)
when eight or more quarterly dividend payments on' the class VA par¬
ticipating stock are in arrears; the remaining ^voting power is divided
approximately. .68#, to the common stock and the balance of approxi¬
Preemptive
.,('*••
Co.—Earnings—
1944
September—
Gross from railway..
Net from railway....
ex¬
Liquidation—Existing and new—Subject to the participating rights of
participating stock and after payment of $75 per share to
class-A
(For record
4.
payable in 1944/ see V. 160, p. 871.)—V. 160,
or
1671.
P-
(380,280
only in
the special
the
Dividend
stock dividend on the common
18 to holders of record Dec.
•remaining approximately 32#
distributed
trust
reserves ,foi~
,
stock,
38,028
Dividends—Existing and new—Subject to the participating rights of
the special participating stock and after payment of the preferential
cumulative dividend on class A participating stock, common stock is
entitled
collateral
Southeastern Greyhound Lines—100% Stock
stock, par $5, payable Dec.
Net
•
new
general lien
./■
The directors have declared a 100#
;
ea6h 10
"...
common
stock,
common
50
$1,320,000
on
$250,800; consumers', deposits, $23,297;
-depletion,
and
-
rights "Of
unchanged.
stock,
"
(3)
,
recommends authorization of 38,028 shares of new
issued solely in exchange for 380,280 Shares of
stock.
'
1943.
p.
market-
more
,
interest
accrued
.
$377,500
tLoss.
Increase;
The
,
change for existing shares of common stock at the rate of 10 shares
of existing for one share of new.
'
;
$472,000
outstanding—
voting
to he
old
Authorized
*262,719
outstanding—.*—L
of
outstanding);
188,568
157,868
bonds
lien
General
*
bonds
■*
355,960
and
new
stock, 50 cents per share.
mon
$1,706,376' >$1,080,758
167,392
—
and
Sept. 30, 1944
$5,703/941; reserve for amortization of
plant acquisition adjustment account, $190/900; miscellaneous reserves,
$2,831; contributions for extensions, $5,773; minority interest in common stock and surplus of Hamilton Gas Corp (35,551 shares), $236,007;
special participating stock $1 par), $2,640; participating class A stock
'(par $1), $177,690; common stock (par 50 cents), $190,140; capital
surplus, $608,195; earned deficit, $1,694,153; total,^$9,907,070,—V. 158,
Net
Par
ratio to the
to revise the
the declara¬
"*V
tl04,851
—
Income '
Net
cumu-
such
of
income bonds,
be of specific benefit to the holders of the existing
stock in
common
new
company's management
$625,618
—
stock,
common
shares
these tasks. ;The following .Is a comparison between
important items; for the 12 months ended, 6"r as of, Sept.* 30,
30, 1944:
,
1944
Net Change
:.1940
Gross
has
Proposal C—Issue of New. Common Stock
The management
old
and Sept.
1940,
now
participating stock Wfil, in thq opinion
class A
new
of the
value
common
accomplish
certain
Rights—Existing
1
■
maturity extension and
company's
in
arrearages
,
depreciation
'
able and more useful -for purposes of collateral.
•
old
debt and to bring it-into better
value of,the .properties in the Southeastern system; and
company's capital structure In order, ultimately tq permit
tion of dividends when and if earned,
>.
.*
the
thereof.
Because of
participating stock
•
the company,
by
"the unit
,
reduce
6#
tially reduce the annual Delaware and New York State franchise taxes
general lien bonds and
first lien bonds that would gain the support of committees representing
these groups,
A substantial majority of the stockholders voted in
favor of the amendment, and thus the company was enabled to take
the first step in the long and difficult road upward.
By the first
of June, 1941, the voluntary plan
had been declared effective, and
the threat of receivership proceedings had been eliminated.
:
But" huge tasks remained—to rebuild the company and increase its
income; to clear up the defaults and threatened defaults in sub¬
sidiary company issues; to. gain adherence to the voluntary plan by the
still
substantial number of bondholders who had not consented; to
for
modification
Preemptive
■
62;633.
prepaid expenses, $|7,093; unamortized debt discount an,d*
restricted balances in banks, less reserve, $2,458; total,
balance
the .right
participating stock in the following ways: • (1) By combining
five shares-into. one,, it will reduce to one-fifth the New York State
transfer taxes payable by the stockholder
(since the transfer books
of the company are located in New; York)
upon the transfer of the
-interest represented by each five existing shares; (2) it will substan¬
thi$ crisis the present management-appealed to the stockholders
support an amendment to the company's charter which cut down
the equity rights of; the A. and conftnon stocks by three-fourths, and
transferred this interest to new general Hen income bonds, in order
permit the offering of a voluntary plan of;
68#
•'
,
,
The issuance of
In
interest
No voting rights, unless dividends
new;
dividends, the class A
•
to
to.
approximately
•'
.
the
A par¬
.
to
,
135,460
Liabilities—Long-term debt (Southeastern Gas & Water Co,, Inc.,
(first lien collateral trust 6# bonds due June 1, 1951, $756,000; gen¬
eral
lien
collateral
trust
6#
income
bonds
due
June
1,
1954:,
$1,320,000); $2,076,000; Royal Palm Ice Co. first mortgage 6# bonds
^due Oct. I; 1952," $344,000; Hamilton Gas Corp. first mortgage Junior
lien 4# bonds, series B, due Sept. 1, 1953, $1,000,000; notes payable
to banks, due after one year, $145,000; current liabilities, $644,009; '
class A
in default or were about to become due.
Com¬
at the banks and the position of all classes of
nothing of stockholders, appeared precarious in
Bankruptcy and general corporate disintegration seemed
.7:7
subject
of the management,
either
_
at
•
Co
$157,866
$9,907,070.
quarterly
eight
paid,
are
power.
,
pany had no credit
its creditors; to say
the extreqie.
for
class
companies*
& Water
$35;
expense,
,
share; new class A participating stock,' at
;
',
lative
.
;
jmade toward the reduction of the company's large debt, and $1,115,500
of the company's first lien bonds were to become due on June 1, 1941,
followed by the maturity on June 1, 1944, of $1,739,500 of general lien
bonds.
In addition, several bond and note issues of subsidiary comwere
in .arrears
date
Existing
notice:
3,817
Assets—Property, plant and equipment
(including $311,515 plapt.
acquisition adjustment account), $9,382,505; cash, $240,152; If. S:
savings bonds, at current redemption price, $16,600; accounts receiv¬
able
(less reserve- for uncollectible accounts of $13,351), $142,674;
inventories, $87,898; special deposits, $3,775; miscellaneous investments,
approxi¬
dividend
any
on
upon
per
$352,143
$355,960
deductions—Southeastern Ga§
#$13,880;
redemption
30 days'
to
company
stock
v
- ■ •••■:
,
Water Co.. was confronted
the
13,509
-
,
income
Consolidated Balance Sheet,
periods, .and .thereafter until .such
of the special .participating
stock to 75# of the voting power, -the class A participating stock has
approximately* 32# of the remaining voting power and the common
corporate problems.
After nine years of constant deficits subsequent
to the organization of the company in
1931, gross income was at a
low level and declining;
interest requirements substantially exceeded
income
available
for
the purpose;
very
little progress had been
-.panics
and
".
income:
Net. jncome
to the participating rights of the special par¬
Existing class A participating stock, $15 per share;
participating stock, $75 per share. -
A
of
arrears
economy
and readjustment, the general objectives of
described in a letter to stockholders by Charles J. Gregory,
are
stock
operating
Interest
the
participating
263
-
tnxes___'—
Interest and amortization deductions—^subsidiary
'■
the
special particicommon
stockholders;
to
-
95,249
income
Gross
participating, rights of the
additional dividends
are
divided
to
class A
stock.
the
Voting Riyhts—Existing and
are
.
,to approve preliminary steps In
plification,
to
common
$75 per share.
1G0, p. 871.
& Water Co., Inc.—Stockholders to
Southeastern Gas
on
subject
stock,- any
and
ticipating stock, a,t $15
.
Vote
distribution
any
leases
Non-operating income
July 1, 1933; in each case,-after'payment of such
Redemption—Subject
;
provision for partial payment to
.account of .renegotiation of; war contracts for
for
>
'
from
participating
-
class
new
: 944,300
1944.' ton 497,000 outstanding common .shares.—V.
year
before
and
Net
•
of
rights
•
new
Liquidation—Subject
$1,987,716
596,400
596,-400
:
8.
$1,228,435 :$1,179,634
$1,096,098
income:.
■-tEarns^per com/share
*
After'deducting $491,834
U.
share;
per
(.
participating
to
34,077
,
ticipating stock:
dividends—-1
Common
rate
'■
approximately 32#
mately 68# to the
*
'
the
preferential -dividends
2,254,180
3,643,775
..
stock
cumulative
are
.;
3,879,300
2,598,050
profits taxes
Tefund of
excess profits tax—_
Federal
for shares of existing class A parof five • shares of existing for one share
,
_
233,528
drilllngJl-^V-^i--
well
■
Existing, class A participating stock, 15 cents per-annum; new class A
.participating stock, 75 cents per'annum; in'each case such dividends
543,630
r.
Fed. As Canadian excess
Est. post-war
-
pating
.
:265,149
■
t
pew,.
897,119
General taxes—
in-exchange
Dividends—Subject
.
Fed. &
Abandoned
;
'
.
:
depletibn^^7u„i_^__'-:i
80,497
Non-productive
class A
participating
stock,
200,000
new class A participating stock;-35,538
outstanding) ;
ticipating stock at
42,798
.
Operating -expenses
Maintenance
•Depreciatiorf and
of the class A par¬
'
:
"
$5,070,675
$6,044,368
$5,530,710
$3,759,880
65j733
:
Total-profit
Other ■ charges:'—-
follows:
Issue—Existing
shares,
—
$5,027,877
$5,449,311 ; $5,993,584
$3,683,272
904,649-
.
$1,706,37U-
class
r
of
from .oper.iJl^?
Other- indome
summary of the provisions
as
Par-Value—-Existing; class-A* participating stock,-$1
A participating stock, $1 per share,
.
$8,083/933 * $6,940,381
..
1,566,640 t 1,398,969
516,784
: > 513,855
: 6,924
Cr320
profit.-J...1.1 *$6,111,583 : $7,800,042
Selling, expenses
-$,885,397I
1,806,494
Gen'l Ac'-ftdmih. (exps;_'_" fti 542,914V
544,236
Bad debts writ, off tnetJ •:
v
Gross
:> Profit
-i
$766,463
gas^„_,
The
29,180
25,003'
35,987
$2,380,862 .-$2,201,045 -$2,223,574 7$2,205/547
-
;
•.,.*•
12* Months Ended SepW 88^ 1944
35.26F.
Proposal B-—Issue of New Class A Participating Stock
*fthaWmuti Bartk
firS?.
the
to
''
•
56,999
Capital surp. Sept; 30
of
to change;*
as
so
.
'
'
the*
in 1945, the second class until the annual meeting in 1946,
and
new
%* ?T>
of
company
.
Cr 1,611
stocks
bank
175,479
.1,75.480
of
of Directors
approval of the proposed amendment
incorporation classifying, the directors and making
of
the proposed vevision. the
participating stock as a-class or-of the holdcrs of commcon stock as a;
; ?• class.
Through" the!split-up of. special participating stock ' the-hew
^ program of freeing such stock -from bonds can be brought into -being,
restating *
due. to-
the
'
.
multiplying
E—Classification
management recommends
the certificate
whom
as a. class
will not be affected, by the-exchange, an4 the authorizatiom-and issue
of such.stock-will not-affect-the_ rights of the. Jholders, of. class A
-12,224.
Dividends
their
to
> • . •_
>':■* .'/*•
Freeinptive Rights-yExistiiig and hew,, none.'. *•/!,
The rights of the holders of special participating stock
2,226,596
.
amount
made
participating • stock- then outstanding, no
be made adversely affecting the rights of the special par-
change can
..^198,352 ; ;r. $22fr,341
2,272,195
by
distributions
all
ticipating stock,
;
..,
computed
paid -to the-holders
of* 66%#
1 ers
,1928
927
968
i
v.
be
of
aggregate amount of votes to be cast by the holders of all other
classes. < -Without -the affirmative vote, or written consent of the hold-
*
-$2,413,266 ,:t2,470,5471 .$2452,937
Dr96,497
Drl01,093
Z>r74,339
"--$2,458,461
Gain-on -s ecur .* sold-.-.::.- V
5,013
-*
; $196^69 V182,179
,2,231,087
-
<
4,900
.
to
75#
new,
Voting—Existing and new, 75# of all votes which the holders of any
class
are
entitled (to cast,
computed oy multiplying by* three the
27,922
:
;
9,726.1
;
Previous surplus4^V-2,Z61y592:
i
$265,104
26,324
...; 4,726
,
8,700
.
stockholders,
to
,
,
amount
$240,055
The
to'any
new,
Liquidation—Existing and
any
C'7,
",, .1
;«Net income
'
,?5<H>
,
.
-Federal income tax
.Tax
'
and
Proposal
„
25 shares-of new.
75# of ,all dividends paid
stockholder, computed by multiplying by three the .aggregate
to be paid to the holders of any other class.
:
•
."1941
1942
.1943
,$221,006.
l -28,409
,-7,.7
750
1944
pf„existing'special participating, stock at, the rate
shares
share of existing for
one
Dividends—Existing
Association—Earnings—
Sept. 30—
Interest-and..dividends..
;
of
The■ •reorganisation
instruct
for
change
paid represent, four years' interest on each of. the
committee is also asking,,the court to
to * purchase,
at their principal amount and
accrued interest, .all first mortgage bonds ox Tampa Northern RR.,
also payable in cash, under the plan.
The petition will be heard on
Nov. 10. 1944.—V. 160, p. 1901.
/
'*7' '
amounts, to
The
Issues.
2007
of
company's total grass
the
subject
word
the
Staten Island Rapid
Gross
Transit Ry.—Earnings1941"*
1944
1943
1942
$433,002
$368,677
$271,849
131,768
186,083
97,418
65,661
120,936
62,946
*1,065
railway....;
4,077,114
railway
,"-"*1,790,356
3,146,452
1,875,905
1,335,683
918,255
908,158
532,504
194,133
*116,463
September—
from
railway
-
$155,925
'
Net
from
railway
;
f
Ifet,. ry, oper. income.._
*
32,543
From Jan. 1—
Gross
from
"water"
in
Net
from
company
to
Net
ry,
oper.
*Loss.—V.
c
income
160,
p.
1444.
1,447,074
1
190,46*
-
THE COMMERCIAL & FINANCIAL CHRONICLE
2008
Corp.-*-Special Distribution—
Stewart-Warner
The
directors
declared
25
>
The
usual
the
Nov.
were
.
..
corporation
intends to redeem all its issued
sinking fund redeemable convertible
and
Net
saleS_———v_——'
Cost
of
goods
Sell., adm
1944—9 Mos.—1943
1944—3 Mos.—1943
Period End. Sept. 30—
.
Corp.—Earnings-
Account
Consolidated Income
outstanding
7%
cumulative
preferred shares
on
Jan. 1, 1945, at 110 and dividends. * Such redemption will be ef¬
fected at the office of the company's transfer agent National Trust
Co., Ltd., 20 King St., East, Toronto, Ont., or at the head office of
the company, Boulevard Drive, Toronto, Ont., Canada.
the common stock, par $5,
on
United States Hoffman Machinery
Tip Top Tailors, Ltd.—To Redeem 7% Stock—
.
of 25, cents
dividend
special
a
serai-annual dividend of 25 cents per'share
both payable Dec. 1 to holders of record
6.
Like amounts were paid on June 1, last.
No special payments
made in 1943.—V. 160, p. 1024.
"
share and
per
Oct.
on.
Monday, November 6, 1944
3,709,775
sold
482,267
& gen. exps.
$9,341,072
' 7,451,991
1,075,466
$3,646,358 $13,348,917
' 2,842;204
10,254,597/
364,919
1,300,397
$5,001',357'
'
is
announced
The
operated
Stokely
by
\
Inc.,
Foods,
a
160,
company.—V.
1780.
P-
v
v
>■
■
who
Co.,
their
surrender
before Dec.
Ltd.,
Int.
next,
cheque to
a
Profit
certifi¬
30,
the
stated
the
further
which
company,
added:
preparation of such
certificates
before
Dec.
2568. '
p.
146,169
243,052
incon;e——
$847,345
$512,181
$1,940,092
$1,050,607
91,328
77,056
278,609
262,442
14,739' "
25,641
88,606.
26,394
60,849
'
'•
'
Prov.
575,159
266,934
943,553
11,500
52,000
92,500
$128,224
$29,701
$320,094
$190,746
$0.52
$0.07
$1.26
$0.67
for Fed.
Excess
have
been
called
for
redemption
of
as
Dec.
1,
next,
out
April
1,
the
Central
1960,
101%
at
Hanover
Bank
and
&
York, N. Y.—V. 159, p. 1902.
—V.
tax
post-war
per
160,
com.
share
,
165,916
216,731
.
266,934
con¬
1781.
p.
118,631
for¬
income——.iu ")
Earns,
the sinking fund, $181,000 of 3 Vz %
due
-
and
profits
,
for
NCt
of
sinking fund debentures
interest.
Payment will be made at
Co., trustee, 70 Broadway, New
moneys in
of
chgs:
tingencies and adjusts;
Toledo Edison Co.—Calls $181,000 of Debentures—
There
amort,
property..—.
eign normal tax...—
t-
,
and
Int. and other1 inc.
Prov.
,
72,946
physical
20,
"
Stokely-Van Camp, Inc.— Special Offering—Shields
& Co. on Oct. 27 made special offering of 14,675 shares
$1,793,923
38,029
$809,316'
oper
other
Deprec.
facilitate
their
price,
$813,615
$439,235
income.
froih
and
cover
cheques if shareholders surren¬
next.
The company is advised
subject to any withholding tax
applicable under the Income War Tax Act in respect of the part
thereof
representing 'premium and accrual
of dividend."—V. 159,
by Stokely-Van
latter
shares
Trust
that payment of the redemption price is
stock of which is now
of the voting
49.91%
Co.,
preferred
National
Gross
der
:/
Roach
R.
of
"It
redemption
will
Camp, Inc., and which also is engaged in the
preserving and canning of food products, will continue to sell its pro¬
duction to Stokely-Van Camp, Inc., under a sales agreement with the
owned
above
office
require may have mailed to them on that date
so
the
State of Ohio will be
subsidiary of Stokely-Van Camp,
•
W.
The
who
B.
Crampton food canning plants in the
six
Inc.
W.
by
the
of
the
at
cates
Stokely, Jr., President, that the name
of this
company has been
changed to Stokely-Van Camp,, Inc., as
of Oct. 26, 1944, coincident with the consummation of the merger of
Crampton Canneries, Inc., into Stokely.
It
Holders
I
Stokely Brothers & Co., Inc.—Changes Name—
..
.
52,000
*
,
■
..
Trust
United States Steel Corp.—Quarterly Report—
.
,
preferred stock (par $20) at $17% per share with a
commission of 45 cents.
The offering was completed in
22 minutes.
There were 32 purchases by 18 firms.
The
of
Toledo Peoria & Western RR.—Earnings-
ry.
Net
sales
Net
Sept. 30—
profit
Earnings
'On
per
514,368
854,474
tOn
shares,
common
common
ry,
—V.
of Colonial
Corp. for
acquired by
Sylvania at the end of May, 1944.
The report stated that reserves
considered adequate to meet contingencies have been set up.—V, 160,
1781.
p.
'.
-v
■
•
196,370
129,414
36,938
160,
p.
3,557,765
2,129,140
828,905
851,960
1,774,399
568,256
296,974
Dec.
v.
The
158,
of
disbursement
previous
cents on May
five
was
■.%
2197.
p.
Net
from
Net ry.
income
Jan.
$324,657
96,073
263,117
93,116
69,368
155,570
44,743
40,173
1—•
,
from railway—.
5,746,210
Net from railway.—
Net ry. oper. income—
976,033
1,219,043
402,943
2,911,861
3,628,512
661,980
Gross
—V.
$252,161
50,242
railway—,.
oper,
From
160,
699,568
V
340,489
2,194,543
632,648
341,146
.
.c-Ov1.
"Net
share
per
$2,716,507
$2,089,376
—$2,627,101
profit
Earnings
1941
1942
1943
stock
*
$0.68
——
$0.38
$0.71
$0.54
depreciation ($147,895" in 1944 and $150,241 in
1943); amortization ($344,200 in 1944 and $322,021 in 1943), contingen¬
cies ($100,000 in 1944 and 1943), and for Federal and foreign income
and excess profits taxes
($1,908,000 in 1944, $2,028,000 in 1943 and
After
charges
for
of
'
'
•
.
.
from
Net from
Net
32,160
45,281
railway
Net from railway...
1,547,199
715,332
451,507
1,295,520
1,025,655
498,639
376,275
785,588
income...
oper.
'Loss.—V.
of
&
160/
460,845
367,654
Other
income
from
.
$9,822,835
$5,391,748
5,£45,042
■
ry.
—
42,015
114,745
$1,251,547
(& Subs.)— Earnings-
1944
1943
1942
$
$
'
959,297
and
1,193,305
600,003
$1,499,511
$0.98
465,276
454,092
2,612,272
2,553,469
4,649,044
4,314,681
14,752,824
730,777
677,220
23,794,372
for
15,483,601
last year.—V.
160, p.
Int. and amort, of funded debt exp.
617,592
651,115
5,818,500
the period
:
On
paid
preferred
On
common
operations
!
exps.
oper.
14,866,633
joint facil.
rents—net charge-
^Together
inc.
stock
9,013,986
$
common
1,687,500
estimated Federal
tax
revenue
transactions)
1,687,500
1,687,500
2,869,400
3,506,298
4,457,086
$1.13
$1-69
from
other operations (exclusive
tlncludes excess profits tax.
(net),
income
(less $615,470. credit
1943
a
4,144,214
and
$20,949,750
in
1942
collected
governments in the form of taxes
and
other
products—V.
excess
not include the amount
160,
p.
for
on
1781.
Federal,
49,306,889
50,252,649
——i;.—„
6,304,919
18.914,757
18,914,757
/_
8,703,252
26,109,756
26,109,756
needs
1,916.185
4,282,376
5,228,136
stock—
$1.22
—
for
79,500,000
future
com.
finished
(net
tons)—
$3.49
$3.60
•15,864.466
15,069,644
..
steel
of
of
,
.
$15,697,902 in 1943
and municipal
lubricating oils
State
sales of gasoline,
1903.
Stockyards
Corn.—Bonds
Placed
Privately-'-
privately $4,700,000 3%% first
collateral tfust sinking fund bonds, dtie
be
will
used
to
retire
27.—V,
160,
the
p.
outstanding 4 Vi%
V
called
bonds,
1903.
from
from
ry.
L
22,475
14,980
Jan.
16,849
1,027,346
201,387
95,151
1942
$119,311
34,792
income—
1,050,216
railway
railway—
oper.
From
"■*
1944-1943'
""
1—
$103,424
....
$121,969
28,540
17,763
'
10411
$103,431
17,909
9,493
-'
'■
.
from
railway—
Net from railway
Net ry, oper. income.—
—V. 160, p. 1445.
1,509,737
Properties—
31,263,407
The
and
sources.._
11,847,184
12,111,806
980,152
227,615
124,029
227,922
'
107,876
625,474
100,418
51,268
,•:
directors
.
•
.
voted
have
to
ask
for
bids
the
for
'
purchase
of
the
company's street railway and bus properties in Richmond and Norfolk,
and environs.
Bids will be received up to 11 a. m. Dec. 1, 1944,
at
the company's office • in Richmond, Va:
Separate bids for the
Norfolk and the Richmond properties are requested.
•
L
These are part of the properties that the SEC ordered the company
to dispose of in September, 1942.
The Court of Appeals reversed the
-Commission on this point a- year ago, and the matter is before the
Supreme Court, so that the ultimate outcome is httcfertairi,
Thus the
other
3,228,955
1,148,641
39,629,887
10,588,781
43,375,213
1,191,908
4,552,824
income
and
2,080,314
29,041,106
32,708,005
5,744,732
—_
ehgs.__
.
10,667,208
all
income -from
...
profits taxes as follows: For
month of September, 1944, $13,000; August, 1943, $11,500,000; for nine
months ended Sept. 30, 1944, $77,000,000;
1943 period, $80,000,000.—
able. not
formation
Federal
income
and
excess
company
160, p.
1565.
*
might find itself forced-to sell under conditions less favor¬
served.
company date back to' its
only to itself but to the cities
transportation operations of the
The
1909..
in
approximately
States Leather Co.—$2
United
The
the
class
Dec.
of
directors
A
on
stock,
Oct.
declared
Class A Stock—
on
payable .in. four
Nov,
of $2 per share on
instalments of 50 cents, each on
and Sept. 15, 1945, to holders
respectively.
and Feb. 10, May
Similar distributions were made
13.
1944.
and
May'15, last, and
Jan,
4 and
on
Dec.
15,
1943,
as
10
on
and
Aug.
this issue
10.
on
against
which
substantial
160, p.
1944
1S43
September—
Gross from railway..
Net from railway
1945,
Jan. 15
against 25 cents eacn
The book value of the property offered for sale
$15,400,000,
the company announced.—V.
reserves
is
have
1782.
Virginian Ry.—Earnings-
a-dividend
15. 1944, and on March 15, June 15
record
$2,281,525
$2,329,492
841,642
1,074,344
income.
573,397
Net
on
ry,
oper.
1942
1941
'
$2,445,062
1,409,217
713,897
$2,201,726
1,117,471
613,007
22,239,699
19,834,299
19,912,288
20,298,129
9,600,855
9,200,537
9,848,113
5,414,913
5,637,690
5,618,774
818,098
*
made
in
The
April l, 1943.
Previous payments on the class A stock were
1929.
usual
erence
Nov.
25
set up,
been
inter¬
profits tax).
p.
5,231,612
9,645,074
27,782,703
1,719,218
1,600,518
opers.—
invests,
from
Total
^Includes
tax of $3,330,000 and Federal excess
profits
for debt retirement) of $5,609,927,
provision of $1,000,000 for estimated
Above statement does
16,924,356
31,325,234
Va.,
$(9.90
Note—The provision for Federal income tax'is based on a combined
normal and surtax rate of 40%
applicable to taxable net income (and
in
31,731,214
74,000,000
12,992,282
redemption Nov.
Gross
2,272,647
share
■'
r
•
.
'8,907,997
7,466,445
3,827,223
—...
»
■
Utah Ry.—Earnings—■
1944—9 Mos.Mos.—1943
1,450,365
1,428,214
Sources—
12,485,953
—
for
trans¬
from
portation
Inc.
"Includes
stock.
with
5,08^1,118
'
25,000,000
on
of
Proceeds
V.
company
18,000,000
3,320,478
,
1964, io Northwestern Mutual Life Insurance Co.
-
and
Net
6,971,230
per
18,000,000
1,055,675
on
Virginia Electric & Power Co.—Seeks to Sell Part of
for
■Surplus
Earnings
94,762,728
—_LJ__„—_
.
160.
Net
$
42,117,098 367,714,905 348,364,539
25,443,159 236,761,188 211,005,896
13,504,356
94,263,017 96,450,162
24,912,164
*Taxes
Equip,
Fxd.
declared:
or
103,474,396
ap-
arising
income
share for
Net
2,566,900
Dividends
36,680,955
amort-
costs
taxes
Fed,
September—
$
45,351,225
revs—
oper.
Ry.
674,790
1,750,000
$8,940,827
tax
671,332,660
'496,390,916
'
,
; ;
facilities
miscellaneous
mortgage and
•
10,708,135
703,490
Provision for wartime uncertainties
from
*
698,090,207
557,860,558
The corporation has sold
1120.
1944—Month—1943
$
Net
income
■'
192,717,691
—*
and
United
(& Leased Lines)- -Earnings-
Period End. Sept, 30—
other
Fed.
>
:
9 Mos. *43
9 Mos. '44
'
security
costs
other
debt
forward
Gross
10,030,915
837,930
income
bdt
Subsidiaries)
(Including
'|»
-
bought—.
dividends
per
—V.
3,806,138
22,956,442
-
—
:
forces,
'
:
6,000,000
and
local
Carr.
$0.53
$0.36
Union Pacific RR.
Ry.
757,809
563,780
2,965,128
exps.—
tax
income
social
services
emergency
^Shipments
pared with $520,041 in the corresponding quarter of 1943.
For the
months ended Sept. 30; these charges totalled $1,588,598 in 1944
662,500
1,109,531
acreage-
administrative
est.
Income
of
war
Common
nine
10,842,065
costs-
—
Operating income
Non-operating income
Net
of
.1943, .a
of
armed
J
,►
'( £ ,
sold— 522,819,804 1,535,783,742 1,446,647,355
additional
Income
deducting
depreciation, depletion and special amortization
amounted to $548,186 for the quarter ended Sept. 30, 1944, as com¬
2,247,695
11,302,618
600,003
deplet._
leasehold
undeveloped
for
Statement
taxes—
1944.
and
11,912,408
_
deprec.
quarter
same
pensions————— 231,448,845
long-term
$670;753
share
com.
per
"After
of
Taxes, other than estimated Federal
Provision
out
Interest
53,024
$406,464
$0.32
9,004,502
——
Total
42,000
$456,193
'
15,373,452
Sept. 30—
the
in
344,093
depreciation,
products
20,278,254
Dry hole losses and property retire¬
ments (net)
income
with
'
Inc.
income—9,506,815
160, p. 1564.
and
and
ization of
retirement credit estimated at $129,500 for the
quarter ended, Sept. 30, 1944, and $348,500 for the first nine months
Insurance
of
1,165,500
370,688
Earns,
undevel.
will
for
This reduction in the working force was occasioned
services
salaries,
Depletion,
405,000
3,136,500
14,701,540
98,495,868
'$
General
360,000
370,688
takes
petrol, prod, 173,484,499 145,853,860 111,860,351
products sold and sell. exps. 127,768,866 109,855,074
80,559,987
Rentals
229,000
42,866,977
for
debt
called
3d Quaf. *44
and
approximately
were
1,222,423
'Sales of crudfe oil and
of
1,068,746
70,352,065
32,606,037
.
Tide Water Associated Oil Co.
Amort,
306,162
assets,
outstanding
the
been
'Products and
$2,594,553'
1,095,088
50,710,213
9 Months Ended
Provisions
372,722
120,000
fixed
of
1944, unexpended balances fgr property
amounted to approximately $60,000,000.
,
taxes
income
other
Note—Charges
COst of
$5,931,538
44,551,198
railway™ 100,398,580
oper.
corporation and its subsidiaries at Sept, 30,
be
reduced by $27,500,000 upon the
serial debentures of the corporation,
redemption on Nov. 1, 1944.
'/
number of employees in the third quaiter of 1944 was
of
-
Products
excess
Net income
railway
"Loss.—V.
$1,354,314
the third quarter of 1944
For the first nine months
capacity, which established
95.1%
capital obligations of $872,925 during the quarter,
debt outstanding at Sept. 30,
1944, was
compared
Wages,
137,483
charges.
taxes
for
Prov.
From Jan. 1—
Neb
136,774
$2,157,330
—
Fed.
for
profits
2,048,687
2,524,070
railway.— $10,710,561 $10,451,422
Net from railway——_
4,453,137
4,239,753
Net ry, oper.- income—
*157.771
728,310
from
•'
4,267,463
55,885
This
$2,457,070
for Fed. inc. taxes
Prov.
1941
1942
1943
1944
other
and
"Prov.
from
4,213,751
$5,794,764
were
long-term
Preferred' dividends
Texas & New Orleans RR.—Earnings-
Neb
1,375,487
$1,297,273
57,041
—.
income
Gross
September—
Gross
1,473,629
1944
1943.
shipped the first nine months of 1942.
ingot
30,
plicable to this period
$2,101,445
._
of
of
of .794,822 net tons
increase
in some part by enlistment' of workers iii the
primarily by shortage of available manpower.
.
262,076
1564.
p.
profit
months
higher
by
betterments
Sept.
This
average
State,
expenses-—.
gen.
1943. :
months
nine
nine
ingots and castings in
replacements
decrease'of 30,816.
■Estimated
1944—9 Mos.—1943
1944—3 Mos.—1943
$10,028,806
$8,538,491 $28,452,382 $24,021,335
18,443,867
17,296,802
6,453,732 ; 5,865,731
Sept. 30—
———
products sold—
Operating
Int.
Gross
The
t313,277,
Estimated
from
Neb ry.
and
of
have
'
Delivery, selling, admin.
40,422
1,811,350
sales
Net
Cost
60,288
*48,714
Income.._
oper.
ry.
1941
$136,102
59,201
56,317
*6,195
railway.
Period End.
1942
$151,805
1943
$151,214
1944
$183,967
railway—
first
first
tons—an
Period—
Taper Corp.—Earnings—
Union Bag &
Ry.—Earnings—
From Jan. 1—
Gross
net
averaged
On
amount
which
Y.—V. 160, p. 1781.
11 Broad St., New York, N.
York, trustee,
the
the
and loss on sale of fixed assets
September—
Gross
of New
"
Texas Mexican
to
and
redemption
lien
first
in
offset
rated
of
retirement of
After
has called
company
1943, but $4,945,760 less
to allow for its pro rata
of
adjusted
capacity.
of rated
tonnage record for such a period.
new
the
Jan.
on
than
steel
production
additions
Co.—Calls Bonds—
for redemption on Dec. 1. next, all of its
and refunding 5(4% gold bonds, series A, and
15, next, all Of its outstanding first lien and refunding 5(4 %
gold bonds, series B, both at 102 and interest to date set for redemp¬
tion.
Payment will be made at The Chase National Bank of the City
The
outstanding
.
671.
of
$11,100,000.
'.V
liabilities (including provision for cur¬
rent taxes of $8,656,636)
amounted to $9,088,800.
Reserve for con¬
tingencies amounted to $2,538,302.
Earned surplus as of Sept. 30, 1944, amounted to $30,599,264.—V. 160,
sold
during
15,761,476 'net tons
93.3%
Consolidated
Sept. 30,
and supplies. ' Current
than
15,864,466
were
$129,463,472.
record at the close of
by>fOt from «,the: stockholders ,of
6, 1944.—v.. 160, P. 1565.
months
nine
period
same period of 1943.
This tonnage was the largest shipped
first nine months' period in U. S. Steel's history.
The previous
additions
the common stock on
Nov.
Twin City Rapid Transit
1944, current assets (including cash and U. S.
Treasury notes and Certificates of $24,195,961) amounted to $27,853,153.
This does not include inventories of sulphur above ground or ma¬
Note—As
p.
selected
business
of
deducting the current dividend declarations,, were $586/-"
compared with $575,515,492 at Sept. 30, 1943.
The total capital expenditures during the third quarter of ,1944/ for
ill-1942).
$1,442,000
terials
be
;!v
10.
631,746,
its certificate
required by
first
that
Net current assets of the
of incorporation this corporation will
redeem on Jan. 2,
1945, out of its prior preferred stock retiremertt
fund, 1,867 shares of prior preferred stock at the required redemption
price of $100.22% being $100 plus 22% cents accrued dividend from
Dec. 15, 1944, ta Jan.. 2,. 1945. v^The 1,867 shares to be redeemed'Will
As
to
9
1944,. after
1,857 Preferred Shares—
$1,469,959
3,840,000 shrs. of cap.
a
v
cents each were made on
50
Dec.
the
any
such
March 31/ 1944. In
March 31 and June 30, 25
each; Sept. 30, 50 cents; and Dec. 15, $1.
.
:
,
/.i
: \
To Retire
on
v','--
.'■•••/
of
payable
provision for income taxes made in
more
Production
following dividends were paid:
the
cents
Inc.- -Earnings—
1944
Sept. 30—
was
averaged
Sept. 30, last/ as against 25 cents on
June 30 and
Texas Gulf Sulphur Co.,
in
extra dividend of 25 cents per
declared an
25
stock,
common
quarter
services
more
shipments
Dividend—
quarterly
par value,
regular
6.'
record Nov.
1943,
3 Mos. End.
Oct.
on
the
and
Distributions
1564.
p.
•
dividend of 50 cents per share on
the common stock, no
and the usual quarterly dividend of
37(4 cents per share on the $1.50 convertible preferred stock, no par
value, all payable Dec, 15 to holders of record Nov. 15.
The regular
quarterly dividend of $1.12 Vz per share on the $4.50 prior preferred
stock, no par value, was also declared/ payable Dec. 15 to holders of
share
the
for
annual
and
record :was
1941
Nov.
third
,
the
on
employment costs,; added
costs of purchased products and services, and other increased costs.
Shipments of finished steel products in the third quarter of 1944
amounted to 5,231,612 net tons.
For the first nine months of 1944
1941.—
1,
Nov.
of
as
the
income
increase
over
The directors
$540,761
$391,938
the
Products
cents per share
10
similar
A
since.
dividend
a
stock, par $1, payable Dec. 15 to holders of record
payment was made on Dec. 25, last year; none
capital
5.
declared
26
■
1942
1S43
1944
record
income-for
ported
than
Oct.
on
quarteily
share
per
corporation for the third quarter of
announced that the directors had
dividend of $1.75 per share on the
20 to holders of record Nov. 3, and a
the
Chairman,
the
payable
$1
for
of
1944, after all costs, Including
'allowance for estimated excess profits taxes, but before declaration
of
dividends, amounted to $16,924,356.
Income for. the first nine
months of 1944 was $49,306,889,
This is $945,760 less than the re¬
Corp.—10-Cent Distribution—
directors
the
on
Central Ry.—Earnings-
Tennessee
of
holders 'of
2,086,599
2,044,589
1,832,652
Twentieth Century-Fox Film Corp.—Extra
September—
Gross from railway..—
dividend
Income
2,270,553
income.._•
1565.
Olds,
stock,
preferred
$89,000,000
the
for
105,360
3,934,341
railway.
oper.
The
1944 period include operations
four months, the company having been
Note—Figures
$260,369
160,847
153,735
railway
Trans-Lux
1,005,000 common shares-;
Radio
$314,725
227,446
earnings
declared
31
share of the
fOn
shares.
$393,818
1—
Jan.
from
from
Net
837,759
*$1.41
636,225
*$1-02
1,005,697
t$1.13
1,379,431
$$1.37
shr.
com.
Gross
Net
1944
1943
1942
1941
$68,569,095 $41,827,947 $21,626,283 $14,752,540
:
1941
193,175
income...
oper.
From
Inc.—Earnings—
Sylvania Electric Products,
9MoS. Ended
1942
$375,574
railway..._
railway.:
from
Net
above.—V. 160, p. 1335.
See also Stokely Brothers & Co., Inc.,
from
Gross
Net
Oct.
on
1943
1944'
September—
the smallest 25 shares.
largest trade was 4,400 shares and
Reporting the
1944, Irving S.
4
stock
13.—V.
From
Gross
quarterly
was
160.
also
p.
dividend of $1.75
declared, payable
873.
per
share
Jan.
1
to
on
the
prior pref¬
of record
holders
Jan.
from railway.
Net
from
Net
ry.
v
1—
ian
.
railway—.
oper.
n
income.
iRflT).
—
-
11,191,288 /
6,102,346
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4331
Volume .160
Western
Waldorf System, Inc. (& Subs.)—Earnings—
:
2009
Ry. of Alabama—Earnings-
E. I. du Pont de Nemours &
Co.—Earnings—
'
"' 1944—3 Mos.—-1943
1944—9 Mos.—1943
$4,611,755
$4,661,987 $13,197,570 $12,951,573
>Net: profit" J168,536
,150,407
$394,584
404,968:
'tEarned per coin. sh.__ ' ', $0.39
/
$0.35 •
$0.92
$0.95*
Period End. Sept,
Total
30—.
sales
„
Gross
,
•
from
Net
from
Net
ry.
1943
1942
1941
railway
$456,437
;
$417,530
$425,681
$234,104
railway^-;..-..
166,418
153,381
204,341
40,444
50,046
97,883
Welch Grape Juice Co.—Calls
Net
from
ry.
—V.
Preferred Stock—
160,
4,223,501
3,972,196
3,077,922
1,732,015
1,595,158
1,758,020
p.'1784.
'
.
s;
510,654
1,298,421
610,198
income—,
206,950
Gross
1944—3 Mos.—1943
1944—12 Mos.—1943
' $4,593(186 $3,651,186 $20,107,723 $18,410,834
'2,520,813
'2,289,155 10,491,669
10,148,270
548,464
291,078
1,446,620
.1,068,274
436,000. :... 449,000 :
2,274,0002,445,000
717,193
650,664
.3,027,608
2,890,581
H Period End. Sept. 30—
Operating revenues.
Operating expenses
•Maintenance
Depreciation
«Tuxes
operating income
Non-oper. income ' (neti
$370,716
" 5'.: .< »183
Dr$28,711
1
Dr499
,
$2,867,826
Dr17,545
$2,153,820
914,438
275,150
Net. loss
v"includes
$2,850,281
374,264
Net.
6,704,806
8,394,929
6,886,007
5,872,827
ry.
income.—
2,480,793
2,928,073
2,165,747
3,076,518
1565.
2,022,234
$498,108
t$828,047
$48,431
adjustment: of Federal
income
fProfit.—V. 160, p. 1446.
period.
9 Mos. End.
accruals for
tax
r
;
:
Divs.
Divs.
mktble!
Int;, on
Other
1942
$38,520
636
4,938
sees.—_
■'•'■
7
'
1943"
$54,236
income-
security
$38,773
14,418
$38,768
Total
9,780
54
Prov.
995
interest!
105 and
at
next,
incoihe..
$54,872
$43,513
$53,191
Net
Payment will be made at The New York
14,581
15,492
to the trustee.
Power Co. is successor company to
>Vestern New York Utilities Co., Inc.—V. 126, p. 254.yy./x
sale
on
$28,020
!
$38,346
16,844
September—
'-'v .V
railway—J
.
.
from
1942
-
Net from -railway.!;—-:.
Gross
<:;.p¥ :/.v V:
Net; ry. oper; income.:.!
i-Froin. Jan."'l—. ^
$4,945,354
2,628,524
1,099,467
-,36,282,662
25,921.438
14,189,441 -17,531,194
10,200,963
5;187,228 r'8,813,717
6,922,521
2,261,135
77'2;212
•
•
-
1,801,154
Net ry. oper,
.¥-V. 160,
p.
income.!
: 37,785,413
.;
;
.
.
2,303
;1'039
:
inc.
Federal
3,792
";v
V '-.
p
10,075
7,950
-
-
1,597
Cr32,700
S
1,037
1,144
Crl0,587
-
—
income——
of
♦Adjustment
1565.
$35,477
taxes
to
$23,118
Cost of sales, incl. taxes,.
p.
labor,
etc.
'
26,632,454
•
'
:
.
2,739,338
Repairs and maint. chgs
Prov. for depr., amort.
and t depletion,—i—:
Sell., gen. and adm. exps.
Taxes, 'Other- than inc.
73,581.305
applicable
amount
4,449,670
,044,720
3,913,761
1,870,050
799,428
218,052
789,890
203,902
$3,044,671
202,767
$1,777,203
$6,619,583
178,252
$7,869,625
546,782
$3,247,438
$1,955,455
$8,416,407
$7,179,974
289,604
295,290
872,957
891,408
662,000
535,000
;'V—v
prof/from oper.
Gross
Other
Income,
—
income—.—
Gross
tlnierest
:
282,000
2,411,000
charges-:
Prov. for Fed. inc.'taxes
Fed.
lor
profits
excess
1,213,000
(est,)—
taxes
560,391
profit
——.
Earns, per com.
.
.
1 "Less
bonds.
*'
sh—
Yazoo &
to
above
p.
673.
from
Net
ry.
tlncluding
discount
on
the
'ij\.
from
Net
ry.
profit
net
.
•
.;
-
606,561
income
1-—v,:v:/,.'
v;'
1943
\
in
for 27 working days.
livered in September,
1,794,332
",-"r
:
* /. .-'•!'
income—
1565.
month of 1941 they amounted to 1,664,227 net
15,761,476 net tons.,
,*! r'
■
v
■
•'J'!
Corp!:;monthly, since, tbe
.(figures! in met -tons.).:c: •;
Aprfl
.•
CI,755,772.r 1,691,592
1,780,938
'T,756,797r„ )1,630,828
-
j une".
• >
1758,894
-
«...
,
.
u-i.
7743.485 .5 vl,704,289
September-—_r_
-1,733,602'v 4,^64,5-77
•:
"•
1,794,968
August
;
.
1754,525.") 1,060,762
July
-
..
-
T,765,749
1,788,650
i,703;570
November ~
December-•
I
•
-
747,427
.
.
•
845,108
771,752
611,000
Drl78,000
1,311,000
1,731,000
in
ex¬
share for the'three mdnths ended Sept. 30,
a
the,:first
provision for taxes
U.S.
included
: >449,020
,
•
542,333"
.
do not
include the
Government-owned
'
value of
products
manu¬
plants.
nine
of
Consolidated
in
from
for
''
'
-
Sept.
of
General
-
!u—
year—u—
revaluation
Motors
Govt;
in
associations
of
and
other
Preferred
for
veterans
war
the home fi¬
on
nancing provisions of the
Bill
of
Rights,"
Governor
at
came
I.
"G.
the
James Twohy,
System,
an¬
Oct. 6.
His statement
of
on
the
close
of
a
semi-an¬
15,500,000
dividends
5,699,869
.
1943.
361,009,693 325,636,627
——
a
practice
followed
since
1925,
the amount
at
General Motors Corp; common
books of the company in March,
to
adjusted
was
the
on
$231,500,000 ($23.15 a share) and in March, .1944, to./$247,a
share), which closely corresponded to the equity
by the consolidated balance sheets of General Motors Corp.
at Dec. 31, 1942, and Dec.
31, 1943, respectively.
The net amount so
added to surplus from 1925 to
1944, inclusive, is $189,378,242.
Also/
000,000
($24.70
Indicated
there
added
was
.revaluing
•
.
States
to
Canadian
a
•
-
surplus in prior years $4,364,113
investment.—V. loo; p. 1630.
*,
Government
$7,104,000,000,
duction Board.
i
This
war
is
of
for
September ^
a decrease of $694,000,000, or 9%, from
August, according to figures compiled by
the
purposes
result
••••.-•
.
expenditures
war
as
smallest
during
on
Oct. 16 by the War Pro¬
amount
1944.
The
expended
Board's
in
any
one
announcement
also said:
"War expenditures per day averaged
$273,200,000 in September,
compared with $288,800,000 in August, a decrease of 5.4%.
The
daily rate is based on the 27 days in August and the 26 days in Sep¬
as
tember
on
which checks
were
cleared by the Treasury.
"From July 1, 1940, through Setember 30,1944, war expenditures
by the United States amounted to $222,000,000,000.
of
"These figures include checks cleared by the Treasury and pay¬
the twelve district Federal Home
Loan Banks, who reported that
able from war appropriations and net outlays of the Reconstruction
Finance Corporation and its subsidiaries.
'
savings and home-financing insti¬
tutions! are making ready to fi¬
nance the purchase or building of
homes by veterans with the aid of
average daily rates from the
first quarter of 1941 to September,
1944, inclusive, are listed in the
following table:
v
:'7
conference
nual
a
of
Presidents
Government guarantee of a por¬
tion of their home-financing
debt,
under
the
legislation
recently
passed by Congress! ; Mr! Twohy
said:
•
^
"■
■,,
■
"With
total
assets
''Monthly war expenditures and the
;
,
1941—
at
a
record
peak,
■■
(1942-—12rmonth
1943—12,-month
January
next
-i-- 85,135,000,000:
_
!
169,100,000
272,900,000
'•'•
285.200,000
312,300,000
294,400,000
7,493,000,000,
299,700,000
7,918.000,000
7.957,000,000
203,300,000
306,000,000
7.355,000,000
282,900,000
August
7,7°8,000.000
288,800,000
September
7.104.000,000
273,200,000-
—
——
.j.
!—
„!
—
—
June
July
^
__—;
few
in enabling veterans to take
advantage of their unprecedented
years
Opportunity to attain hOme
71,900,000
!
7,948,000.000
May;
the
52,406,000,000
7.808,000,000
April
within
:
48,200,000
1,797,000,000
..
Daily Rate
$27,400,000
34,500,000
1;253,000,000
average!
total !_—,..
total-
897,000,000
7.416.000,000
March
and
share
Monthly Expenditures
$684,000,000
'
-
4th quarter monthly
backed by the reserve credit pool
of the Federal Home. Loan Bank
System,: member savings and loan
associations are ready to do their
...
1st quarter monthly average:
2nd quarter monthly /average.
3rd quarter monthly average:
bonds
"•**
30
with
5,699,863
33,336,350
du/Pent company's Investment in
•
11944—
,744.865
15,500,000
41,661,161
Sept.
the total of expenditures in
885,636
.
at
accordance
is carried
February
1,345,855
1,406,205
-1,443,969
*
of income
dividends
stock
for
'
1,189,763
the Treasury Department and announced
month
'
408,3,70,723 364,672,854
Common
amounted to
member
'
in¬
Corp.—
respect
•
335,065,394 303,493.297.
57,805,329
44,489,783
year
v
lending institutions of the Federal
Home Loan Bank System in all
parts of the country are preparing
to provide all possible information
$
''
1943
^
i
Total
which
80
1944
"
■
months
U, S.
the
Surplus,
'.V'
'
beginning
income
taxes
United
approaching
1,086,683
-37,639,
,*>^ecjr^a«e..'.t•'
income
'Compensation-for con¬
fixed-fee basis)
''other operating revenues.",■
in
vestment
.
owner¬
'•
p: '-'iNofe-^The mphthly. shipments .as iurreivtV'repoTted: during' the year 1942, are : subV
ship! This new activity, of course^
Ject -to adjustment reflecting annual-tonnage-reconciliations.- These will be compre"
7$ but an extension, of the regular
tended 'in the .cumulative yeafly shipments as .stated iu" the annual fenorW '
' \ _t
.
on
six
♦Adjustment resulting from
-.
,7 billion dollars and their, liquid
resources of cash and Government
795,639
'
*97,"214
•
,
607,562
745.364
,
;^TQtal!,;^— Xf :lg;!^.615,137; 20,416,604 ,15,013749 -11707,251
,
$3,40
sales figures
in
Refund
y-.
Ttye 3,700 local savings and loan
!^t—!*"20,244,830, :2l,064,157 . 20,458,937, rl4,976,110: 11,752,116 full
Yearly adjust.—
'
1,787,501:
1,660,594- ' 1,665,545
1,719,624;, 1,849,-635
;
^
Total"-hy "most
•
1
—
870,866
.
•
October
1939
1940
1,145,592
1,682,454
1,548,451
1,009,256
1,720,366
,.931,905
1,687,674
907,904
1,745,295 .1,084,057
T,209,684
1,668,637.
1,296,887
1,666,667
1,753,665
.1,455,604
1,392,838
1,664,227
1,572,408
1,851,279
1,624,186 .1,425,352
1,544,623
1,846,036
4
T,776)934,1 J ,1,708,543 : *1,834,127
il;737,769i
(1,552,663',") 1,774,068,'
•
;
1941
1,616,587
,
T,874,-795' ' :T;772,397
by subsidiaries of
beginning of 1939
!■ ,•!!.!
;>l//;i944;:--.:.:u.943. ;j't"i942' r.'
1,730,787.
.1.685,993
1,738,893
May.
11,109,761
$4.69
■
:
6Du Pont
Net
13,830,798
v
:
nounced
deliveries reached 15,-
follo\ying- tabuiaiion 'gives shipments
United■;States .Steel.
-
11,109,689
$1.17
requirements, and
in
Surplus at
4,856,251
.
March— -—c-
11,110,700
$1.97
5,699,869
cos.
!
3,031,473
comparing
with 15,069,644:net tons in the corresponding period of 1943.
The
previous peak was; for .the first nine months of 1942, when the total
v'
38,789 921)
11,109,673
Statement
''"v
:
9,972,255
864,466 net tons, the .highest on record, for that period,
—
1'
52,105.460
reversion of prior years'
a
■!;
782,336
12,556,909
de¬
of
'.'.0..
•i;
share.
.
factured
;■/
As compared with the 1,664,577 net tons
For the nine months ended Sept. 30, last,
January
February
of
income
a
1,017,251
'25,078,799
1943, last month's total showed an increase
tons.
The
13.034,332
Pont
owned
includes
♦In
4,830,725
Shipments in September, 1942, were 1,703,570 net
tons, and in the same
r-
Du
wholly
excess
1941
•.
28,301,494
11,296,728
Shipments of finished steel products by subsidiaries of the United
September totaled 1,733,602 net tons, an aver¬
age of 66,677 net tons per day for 26 working days,
This compared
with 1,743,485 net tons in August, an average of 64,574 net ton? daily
1.
21,852,904
com.
a correction for over provision of taxes
months of 1944; these two items increased
the amount earned for the current quarter by
approximately 48 cents
$2,181,844
3,765,024
States Steel Corp. in
was
44,489,780
1,899,956
structing and operating such plants (principally op a
$3,774,334
2,141,239
Shipsiteitts Sy Sisbsidiaries Of
0, S. Sies! Oorp. in Sept. Exceeded 1943 Tola! Assistance To Vets
;
1,899,956
♦Surplus
1942
/
$2,765,726
863,720
230,938
f iiiished Siee!
69,025 net tons.
pfd. stock.—.
re¬
on
■
railway—
27,029,859
raiiway^L,^U V 10,257,052
oper.
160, p.
r—V.
1944
from
Gross
Net
1943.—
year
oper.
From Jan.
.!■'•:!>•:! —
concluded Aug. 18, 1944, with
realized upon prime contracts
during
"V"--r'.'
2,131,427
Net
$3.11
'
-
4,101,001
57,805,329
5,699,869
(2) The .amount earned,
the^part of the company.—V. i60, p. 782,
railway——
$3,133,566
$3.13
finding that no excessive profits were
or
subcontracts with Government agencies
160,
"./ •
-•
$4,082,186
$3,144,450
Note—Renegotiation proceedings were
V.
4,101,001
■
14.934,289
Co.—Stock
from .railway—
$0.68
a
44,489,780
cos;
Mississippi Valley RR.—Earnings—
September—
1,139,000
$843,165
$1,082,834
!
$1.10
returns and allowances,
(V;/, '■
discounts,
Worsted
financing on
Gross
Net
14,934,289
.
(CSt.)
Prov.
19,651,859
.23,752,860
such
Noyes & Co., Smith, Barney & Co., Kidder, Peabody &
Co., and Lee Higgirison Corp. on Nov, 2 offered publicly
120,000 shares ($5 par)" common stock at $11 per share,
These shares represent holdings of ten individual stock¬
holders who have agreed to sell them to the under¬
writers.
The offering therefore does not represent new
1,988,000
2,016,000
;v!rv-
Prov. for doubtful accts.
?
2,180.000
15,269.695
re-
divs,
Offered—A banking
headed by Shields & Co. and including Hemphill,
group
231,046
69,553
283,360
77,353
——
2,642,000
22.500,459
53,704,328
approximately—.;
is
"
taxes
v; ^,,:
Wyandotte
.
1,456,092
1,252,482
831,000
5.016,391
7 ,337,584
2,571*278
1,518,653
1,218,292
-
17,449,693
,
907,000
oeiiod—
for
applic. to
1944.
67, ,233,480
7,711,545
23;765,768
.
^
25,142,459
7,543,700
—_
..the.
$114,599
1336.;
of
from
$35,328
$29,595
months ended Sept. 30, 1944, no consideration
given to the net profit on sales of securities which amounted
and has been credited directly to earned surplus, less a,;
provision of $32,700 for estimated taxes applicable thereon.—V. 160,
to
5,847,391
for
ceived
has been
1944—3 Mos.—1943
1944—9 Mos.- -1943
*
Gloss sales——— $35)514,121 $31,123,422 $98,543,386 $90, 099,209
109,710
2,339,98f»
■
prior
ceeded
Note—For the nine
Wheeling Steel Corp. (& Subs.)—EarningsPeriod End. Sept. 30—
in
excess
inc.
on
not
1,000
2,100
(balance applied against profit on sales of securities in earned surplus).,
;
8,450,700
—•*
company's
equity
profits of controlled
900
1~575
~~5~237
¥6,400
by
Net
8*47(391
on
prov,
inc.
•Notes—(1)
taxes-
♦Adjustment
306,427
2,336,032
90,358
852,342
stk,
Comv shares outstand..
Amt. earn, pdr'com. sh.
27
'
16,388,837
4,792,530
2,832,595
Bal.
3,208.
,
tax
taxes-
income
15,000,000
$43,707
connection
in
State
Wisconsin State inc. tax.
.
$37,597
interest.;.-——'
.
Federal cap. stk.
{■''
pross from railway—
Net from 'railway_iT-J
$28,020
$40,291
settlement
$2,557,492
1,084,114
: 773,294
$3,862,353
831,685
$5,120,838
:
-1941
•
in
Net
'
with
22,500,000
45
bank loans—.
Expenses
5,000,000
(allo¬
quirements
.
10,962
Divs.
Other
RR.-^Earnings-T- ;■¥
'.
' * 1944 v* ¥
1943 .'!"
'
Western Pacific
7,500,000
taxes
of
on
years
!'
income.i———
on
29,220,094
income
Fed.
(ncome
taxes
$32,699
Dr749
'
•
other
for
S
Int.
95.440,00-3
31,203,869
Motors
Other income (net)—,.
Oper. & other income
of
'profit V—"
Niagara,
91,848,000
9,917,898
$49,543
14,845
(avge. cost basis)
Other
presentation of 'the bonds
Lockport. & Ontario
upon
profit
sec.
32,441,000
12,108,159
_
Reversion
100 Broadway, New York, N. Y.
Immediate pay¬
ment-of the.fulU redemption* price^a^
interest may be obtained
'
adm. exps..._•
$40,291
and
/Profit
Co.; trustee,
26,393,000
;
■
other
Western New York Utilities Co., Inc.—Calls Bonds—
Trust
.
stock.:
cated portion)
Total
All of the $2,461,500 outstanding first mortgage 5% r 30-year gold
bonds due June T 1946- . have been called: for redemption on Dec. 1,
war
Miscell. other inc. (net)
1941
the 1943
/
Gen.
■
Gen.
from
owned:
"
1944
Sept. 30—
33.754,014
27,549,327
Inc.-from invest, in con¬
trolled cos. not wholly
T
,
of
contracts—
Corp.. com,
v ■'■
mktble. sees...
on
37,784,263
(allocated
Operating income
Wisconsin Investment Co.—Earnings
1,902,069
22,074,873
portion) and for lia¬
bility-with respect to
renegotiation
Net
p.
427,189,32,^
24,728,706
.
15,680,909
160,
$
95,586,002 297,514,773 263,300,763
11,597,973
8,774,939 " 8,568,490
deprec. & obS. '
Fed. taxes on
materials
17,861,823
from
oper.
*|>
13,892,898
inc.
oper.
■" ...J;
20,327,351
$1,853,638
468,898
-
596,049
,
...
Dr$29,210
'
$370,899
.i
for
$1,968,682
18,904,093
$1,858,709
Dr5,071
$225,150 '!
deductions
for
816,986
374.046
'
"
income
Gross
Income
Prov.
1941
railway—li
from railway
Gross
—V.
1
1942-
961,472
!
104,161,949
expenses
$2,329,984
■
oper.
From Jan. 1—
/
1944—9 Mos.—1943
$
,
165,330,945 158,111,363 483,079,611 449,264,193
Cost of goods sold, etc.,
operating charges
Selling, gen. & admin.
1943
railway
$2,218,347
railway—i—776,055
income___
289,209
from
ry.
,
...
•Prov.
1944
from
Net
Net
returns,
Total
1565,
September—
Westchester Lighting Co.—Earnings—
:
,
Wheeling & Lake Erie Ry. —Earnings
.
of
424,197
416,063
railway-—,*
p.
(net
■
allowances,
outward
freight, etc.) '—— 160,433,898 151,211,095 463,824,121
Other oper. revenues—
4,897,047
6,900,268
,19,255,490
company'
New York. N. Y.—V;.l56.
;.
♦Sales
Companies)
1944—3 Mos.—1943
'
<
railway
oper.
Subsidiary
<jj
43,865
from
Gross
will redeem on Nov. 30, mext, all of the outstanding
**!'/(>< preferred stock at 110 and dividends, i Payment will be madev at
the Chemical Bank & Trust" Go... redemption "agent;
Trust1 Co.,
agent; 165 Broadway,
The
'
From Jan 1—
Net
-
Period End, Sept. 30-—
80,607
income—,
oper.
'>
After-depreciation and ^ taxes; lincl, resetye for Federal, income and,
•excess profitsUaxes..;.tQn:426,100 shares
nfj common stock outstanding.
After ,$49,100; reduction in /excess .profits, fax reserve as result of sale
pi certain/4;eal':estate.r-iy/U68,^-p'. .-672.
; :
■"'
r . •'.,,
(Including Wholly-Owned
1944
September—
work of, these thrift institutions,
which have specialized in; financ¬
ing the ' small home /buyers" of
America through long-term loans
for
more
than
a
century.
.
"Of course, the greatest volume
of applications for suph loans will
not come .until after victory in the
and when unlimited build-.
war
—
ing
is resumed."
:
7
*
THE COMMERCIAL & FINANCIAL CHRONICLE
2010
Federal Reserve September Business
The
System issued
of the Federal Reserve
of Governors
Board
indexes of industrial production, factory
employment and payrolls, etc.
At the same time, the Board made
Oct.
on
its
27
monthly
together with
comparison for a month and a year ago.
a
'V,
follow:
The indexes
of business conditions.
available its customary summary
for August,
•
.
BUSINESS INDEXES
1939
contracts;
—100 for construction
average
1935-39
employment and payrollsr
factory
for
100
average =
1923-25
100 for
average =ss
all other series
Seasonal
—Seasonal Variation—
Total.
1943
Sept.
Aug.
Sept.
244
*234
235
248
248
263
*250
251
267
Aug.
*231
*246
'Sept.
232
~—
Adjustment
1944-
1943
—1944
Sept.
production—
ManufacturesTotal——--'————-—'
*344
348
368
*345
349
168
179
*173
172
184
"*143
142
138
*147
147
143
Minerals
.
•
*41
41
65
*42
44
*13
13
35
*13
13
35
All other—.—_——•
*65
63
89
*65
68
90
-
:
,
,
:
;
Total—-——
—
Total
;
Durable
;
*154.3
156.8
168.3
*156.0
158.0
170
*268.7
212.5
230i0
*208.9
212.9
112:9
119.6
*114.3
114.6
Public Construction
230
*111.5
—
goods————
goods—
Nondurable
122
t
Nondurable goods-
State and Municipal
198
142
140
150
146
151
187
162
196
157
174
f
169
160
t
162
167
Department store stocks, value-
-
tData not yet available.
"Preliminary.
Note—Production,
indexes
198.0
139
133
—
Department store sales, value—
and
carloading,
department
store sales
based
indexes
on
dailv
manufactures, nondurable manufactures, and mineral.*
points in total index, shown in Federal Reserve Chart Book, multiply
,379, nondurable by .469, and minerals by .152.
To
averages.
460
to
durable by
convert
durable
contract indexes based on 3-month moving averages, centered
at second
To convert indexes to value
multiply total by $410,269,000, resi¬
by $184,137,000, and all other by $226,132,000,
Construction
month,
of
Dodge
W.
F.
data
Eastern
37
for
States.
figures, shown in the Federal Reserve Chart Book,
dential
index,
Employment
seasonal
without
and
adjustment,
payrolls
index
I
•
INDUSTRIAL
PRODUCTION "•
Without
Adjusted for
—Seasonal Variation—
Sept.
Aug.
202
Manufactures—
Seasonal Adjustment
203
1943
-1944-
1943
Sept.
Sept.
Aug,
214
202
203
reported to the "Engineering News-Record" in the nine
that
above
Sept.
r,"
New
tion,
205
Lumber and
190
183
183
593
502
512
593
434
451
*428
434
451
Furn i ture———-
Stone, clay and grass
706
764
*700
706
239
*228
228
239
277
t
245
277
226
294
*205
226
294
*126
127
129
*134
135
136
118
118
*130
129
129
*143
145
149
*143
145
162
168
*163
167
174
66
66
53
66
66
53
The census
_
t
88
112
t
100
returns of the ginners'
122
125
*122
125
129
Gypsum and plaster products.
*175
181
194
*179
182
198
Abrasive & asbestos
*286'
295
321
*286
295
321
*146
141
150
*146
141
150
148
140
156
148
140
Cotton consumption
Wool textiles
Leather
181
198
188
188
181
t
,140
151
f
140
151
*117
111
110
*116
110
110
Rayon deliveries———S-——
•_.
——
196
.
products
Tanning
t
—
103
105
t
—
118
107
82
81
'f..
Calf and kip leathers—,—
as
and
excluding linters)
5,749,745
5,606,307
603,110
443,166
319,370
493,483
352,874
Mississippi
729,978
1,084,837
896,732
143,384
114,471
157,530
Louisiana
__________
New Mexico
South
161
148
146
*168
165
165
116
111
*126
115
North
other nations in the ef¬
damage to post-war foreign
vere
trade prospects unless such a port
development
launched
169
127
124
■
All
:
and
speediest of facilities geared
loading and unloading,
leaving our ports almost obsolete.
"He
contended
'Victorian
160
counted
172
bales
249
126
134
131
129
141
92
101
95
92
101
152
165
160
160
176
87
92
87
142
143
f
141
143
159
158
155
159
,158
155
Paper and products———
Paperboard——
—;
.
93
Newsprint production——^_.
77
"100
Printing and publishing
Newsprint consumption
:
Petroleum and coal products.
88
"'77
88
101
98
112
97
84
78
98
252
A
t -
252
202
264
206
1
t
>
■
*138
138
122
*138
138
t
159
156
t
159
156
Lubricating oil—
t
125
123
f
124
123
126
115
t
121
114
171
171
t
171
171
Kerosene—
■,
.
t
i
—
I
.
:
'
t.
Byproduct——.
Beehive—
Chemicals
420
538
*390
420
538
314
395
*303
309
396
240
221
*235.
240
383
*399
407
383
231
231
*232
231
in
the
48,182
the
bales
supply for
crops of
of
the
1643 and
The statistics in this
would
mony
chant fleet after the war,
the
nitude of such
—-—J]
season
a
*147
—,
154
124
,
ore
...
"Preliminary or estimated.
*147
147
,140
155
*151
154
155
129
*129
124
be levied
not
value
to
not to
the
one
FREIGHT
*148
146
124
•'
t
145
160
*321
336
351
—-
■
of
1943-44,
147
146
152
181
178
193
182
185
195
Grain
126
131
137
Consumption and Stocks
Cotton consumed
—
United
in world
trade and world shipping,'"
Mr. Harris spoke as Chairman
of
the
panel
on
Development of
Trade Opportunities, at the second
day's session of the 18th: annual
meeting of the Propeller Club of
the United States and the
ican Merchant Marine
Amer¬
Conference,
in the Waldorf-Astoria Hotel.
Lines, and
United States
The
M. J.: Buckley,, Vice-t
President of the American Presi¬
during the month of August 1944, amounted to
841,490 bales.
Cotton on hand in consuming establishments on Aug.
31, was 1,710,225 bales, and in public storages and at compresses
7,1136,944 bales. The number of active consuming cotton spindles
for the month was 22,240,676.
/'
■
'
In the interest of national defense, the Department of Commerce
has discontinued until further notice the publication of statistics con¬
..
dent Lines: at other panels speak-/
were Vice Admiral Emory S.
ers
Land.
War
Shipping Administra-r
tor; Frank J. Taylor, President of
the
American
Merchant
Marine
World
Statistics
,a
and the difficulties in obtaining de¬
pendable world statistics such data are being omitted
for the time being.
from.this report
Jemissgs Rew f,-F. af
MY Oommerea Ohamher
Early improvement cf Port Facilities
142
141
153
the United States
wants
Lines, asserted on Oct. 21 that the United States
only a fair share of its export and import business handled
active American merchant fleet, capable of operating on a
121
114
151
151
by
139
148
162
150
Ore
184
188
209
276
281
314
146
149
143
158
151
basis of competitive equality with
the world. At the same time, ae-^
67
68
63
70
to
B. Brewster
Jennings, President
Chairman
of
the
Executive
Committee'of the Socony-Vacuum
stating that "this country has no intention of attempting to
a post-war maritime monopoly," Basil Harris, President of
155
Indexes
1
and
137
miscellaneous
Institute, and Mayor La Guardial
cerning imports and exports.
114
.
report include 464 bales of American-Egyp¬
Livestock
the Federal Reserve Chart Book,
which was
and 48,628
"
.
Forest products
and
with
1
107,053
Aug.
tire
own
The statistics for 1944 in this report are subject to revision when
panel was also addressed by John
against the individual returns of the ginners being trans¬
F. Gehan, co-chairman and Vicemitted by mail.
The revised total of cotton ginned this season prior
President of the American Export
to Sept. 16 is 1,824,827 bales.
;
In
Coke
:oal
compared
to
establish
152
<
if
v
UARLOADINGS
146
convert
11,535
10,045
prior
as
Oil Co., .has been .elected a Vice.
147
Miscellaneous
feasible
States is to hold its
Urged fo Protect Post War Foreign Trade
(1935-39 average= 100)
Merchandise, l.c.l
a
port modern izatioh
must be undertaken as
soon
136.
■
Coal—
—
that
program
187,316
ginned
a
and
country
But I firmly be¬
checked
tData -not yet available,
:
lieve
port has
a
whole
city.
can¬
the port munic¬
349,119
1944
and its
that such cost
on
ipality alone, since
129
136
114
t
140
146
*148
__
——
147
*151
Crude petroleum—.
program
1,227,433
1942.
,231
*123
_
a
cost,' Mr. Harris said, 'and it has
been suggested
183,568
10,219
of
crop
Because of war conditions
Anthracite.!
and that
growing
speedier
a
shipping industry.
T am fully aware of the mag¬
362,696
7,001 for 1943, and 4,369 for 1942; also included are no
bales of Sea-island for 1944, 37 for 1043, and 244 for 1942.
The gin¬
ning of round bales has been discontinued since 1941.
Minerals—
Bituminous coal—!
of
221
407
*232
——
161
*399
——
164
*235
—
——
t
*306
Industrial chemicals—
161
*330
—
164
coun¬
were
vintage/
1,471,058
tian for 1944,
122
Fuel oil
Coke
7,716
126,748
206
t;
—
_____
of
202
364
87
t
refining—
93
111
102-
83
89'
A '
■
Gasoline——
147
this
that
that
they
be completely out of harr
with our streamlined mer¬
238,031
97,339
states————
"Includes
171
149
Cigarettes—---—
Other tobacco products——
'other
213
148
were
'
■
pointed out that the
war
had severely damaged
the
facilities of such cities as London,
Le Havre, Cherbourg, Rotterdam,
Hamburg and Bremen, and that
these ports would be reconstructed
along modern lines with the finest
342,696
169,639
Carolina——————
*239
:
95
-
———
—
Tennessee——.
*176
178
144
161
program
now.
"Mr. Harris
720,784
121.
75
t
'
14,802
217,515
98,034
_
-
Carolina
,114
149
Cigars-
3,859
162,743
89
149
113
*115
—
Tobacco products
In
12.115
487,075
Oklahoma——
f
112
Note—-To
12,172
509,861
Missouri——
80
*123
88
*128
-
2,295
2,776
917
8,421
86
164
*14')
Iron
493.188
351,207
t
114
■
Processed fruits & vegetables.
Metals
13,434
554,391
Florida
105
77
Other manufactured foods-
Meatpacking
Fuels—.—-
17,621
446,497
———-—-—_—-~
103
113
*148
Wheat flour—,
Rubber—,.
466,386
——
10,627
Ark ans a S
■
Rayon_:
1942
1943
*3,984,761
———i;
Alabama
Arizona
107
145
*123 ;
Manufactured food products—
'
of many
"
114
t
Sheep and lamb leathers—
'
this country, headed by
$2,000,000,000 project for "lifting
the face" of the Port of New York,
they would hamstring
foreign trade carried in
••
1944
States
United
BALES
bales
half
State-
t
t
Goat and kid leathers—
.
on
a
comprehensive
of port facility improve¬
in
a
:
,
RUNNING
t
'
,
Shoes
Petroleum
start
program
ment
.
,
Cattle hide leathers—
..
early
try's present port facilities
follows the number of bales of cotton
as
California———
Textiles and products——
r
shows
156
products-
Previously, in an address on Oct.
19,, Mr. Harris, in calling for .an
to modern
ginned from the growth of 1944 prior to Oct, 1„ 1944, and compara¬
tive statistics to the corresponding date in 1943 and 1942:
';
130
*118
——
——
;
report issued on Oct. 9, compiled from the individual
(Counting round
Clay products—————
Cement
depart¬
Crop of 1944 Prior to Oct. I
149
.*157
—.
products'-,..
Plate glass——-
Cotton Ginned from
764
228
245
products———
;
■190
512
products
Lumber-
v'.
;
mental construction.
*204
——.—
'
239
*228
Smelting and refining——,
I
■
and $1,263,800,000 in Federal funds for military and
v'"
214
198
224
*118
Automobiles
Nonferrous metals and
■
$150,000 in RFC loans for private industrial expansion.
The September new financing brings the 1944 total to $1,612,620,000, a volume 47% below the $3,037,207,000 reported for the ninemonth period in 1943.
Of the 1944 total $207,880,000 is in private
investment, $140,940,000 in Federal funds for non-Federal construc¬
222
183
" V,
'
sels.
^
capital for construction purposes for September totals $14,-
196
183
eliminating the necessity of "wait¬
ing in line" for foreign-flag ves¬
■■
v..New Capital
239
*700
Transportation equipment—.,—
V
compared with 1943.
205
502
,!
.
———————
-assure
products,
our
•
198
*428
Open hearth-—.——Electric—..—
Machinery
would
ficiency of their facilities.
?•;
V
From the
"Times" we quote:
for 1944 to date is up 7% compared
Harris asserted
that
this
with a year ago, and earthwork and drainage volume is 53% higher. "Mr,
All other classes of construction reveal lower nine-month totals when country faced the prospect of se¬
224
•
'
Pig iron———————
1944 volume to $1,379,-
months last year.
Industrial building volume
196
—
strong American
a
fleet
$2,488,373,000 reported for the period in 1943. Private work, $291,warned
that the United States
267,000, is 12% lower than the nine-month; 1943 period, and public
faced the real danger that her
work, $1,088,294,000, is down 50% due to the 55% decrease in Fed¬
eral construction.
State and municipal volume, $191,150,000, is 17% ports may fall far behind those
222
Iron and steel
-
33,129,000
Sept. 1944
(four weeks)
$117 ;919,000
19,561,000
98,358,000
23,125,000
75,233,000
468,000, a volume 84% below September, 1943, The current month's
new financing is made up of $14,318,000 in private investment, and
(1935-39 average =100)
—1944
146,190,000
merchant
prompt delivery of
,
561,000 for the first three-quarters of the year, a total 45% below tne
compiled
1,v
by Bureau of. Labor. Statistics.
—_
The current month's construction brings
328
432.4
t
■
Freight carloadingS—
313.9
t
Durable goods
,
24,902,000
193,075,000
46,308,000
.
______
Federal
Factory payrolls-
,
217,977,000
•
„
Construction.- $264,285,000
Total U. S.
Private Construction
Factory-employment—
Aug. 1944
(five weeks)
$211,251,000
31,932,000
179,319,600
Sept. 1943
(fiveweeks)
.
65
Residential—————
1
/
V
.
He said
licet.
the 1943 month, last
month, and the current month are:>i
value—
.Construction contracts,
•
Civil engineering construction volumes for
.
Nondurable
•by wishing 'for it.
''
declines 36% from last month and 51% from last year.
370
*167
Durable
•
restore,,, this
Engineering Construction 'Volume %
$ IJ7,919,000In September
.
Without
Adjusted for
Industrial
foreign trade merely
American ships
operated by American shipping
companies will be a major factor
in opening up and broadening the
Civil Engineering
construction volume in continental United
post-war foreign trade, he said.
States totals $117,919,000 for the four weeks of September, an aver¬
Re added that the job potential¬
age of $29,480,000 for each of the four weeks ,of the month, the second
ities
of an expanded
American
lowest reported to "Engineering News-Record" in 1944.
This weekly foreign trade are enormous, say¬
average volume, not including -the -construction by military engineers
ing that at least 5,000,000 postr
abroad, American contracts outside the country, and shipbuilding, is war
jobs in this country would
30% below the average for the five weeks of August, 1544., and 44%
hinge on the development of subr
below the average for the live-week September, 1943, average.
The stantial foreign trade. The ''Times"
report, made public on Oct. 5, added in part:
' u
1
account likewise said:
Private construction, on the weekly average basis, is 23% lower
Calling for unified support for
than a month ago, and 47% below the corresponding 1943 month.
an
adequate American merchant
Public work: is 31% and 44% lower, respectively, than a mouth ago
marine, Mr. Harris contended that
and a year ago.
State and municipal construction is 13% under the every American had a stake in the
preceding month, but tops the 1943 month by 16%: Federal volume maintenance of such a merchant
Civil
Indexes
Monday, November 6, 1944
,
points
in
d
115
68
total
index,
154
66
shown
multiply coal by .213 and miscellaneous by .548,
an
foreign-flag shipping throughout
prosperity
and
ference
Mr.
depression in this country, and
that the country was not going to
declared
that
trade always had meant
foreiem
the dif¬
of the State of New York
merce
to fill the vacancy caused
death
on
Brown.
•of
by Hie
Sept. 9, last, of John A,
Mr. Brown
was
President
Socony-Vacuum when he died.
Mr.
between
cording to the New York "Times,"
Harris
President of the Chamber of Com¬
Jennings
Vice-President
until 1948.
will
of
serve
the
as
a
Chamber
.
,,
.
•
State and
2011
FINANCIAL CHRONICLE
THE COMMERCIAL &
Number 4331
Volume 160
..,
.
"
•
•
i
.
City Department
BONO PROPOSALS AND NEGOTIATIONS
Lauderdale,
ALABAMA
'
Andalusia, Ala.
Bond Sale Details—It is now re¬
:
H. Ellis, City
ported by Mrs. H.
that
Clerk,
semi-annual electric system bonds
Watkins, Morrow & Co. of
Birmingham, at a price of "112.76,
as noted here, are due on Sept. ,1
in 1945 to 1869, inclusive, giving
sold to
a
basis of about 2.41%.
sum
ers
of its outstanding
on
the
(State of)
Property
Operated
Private Utility Held Taxable—At¬
torney-General Guy E. Williams,
of Arkansas,
has ruled that a
water system, although owned by
a municipal improvement district,
but operated by a private utility,
not exclusively for public benefit,
is subject to ad valorem taxation
by the county and city.
E. W.
Brown, director of the Tax Divi¬
sion of the Arkansas Corporation
Commission, had asked the Attor¬
ney-General's office to rule in the
case
whereby the Improvement
District No. 1 of Gurclon, Ark.,
had
leased
the
Arkansas
the
water
system to
Light
Power
and
Company, which in turn assigned
the lease to the Gurdon Water
-Company, which is now operating
the system.
The operators pay
the improvement district 20% of
the gross receipts as rent.
The Attorney-General based his
opinion
kansas
pressed because of war conditions,
this income is now approximately
$1,000,000
a
be
could
increase
expected
the
after
said, but
gradually
he
year,
to
The road
war.
is badly peeded, he de¬
clared, and it would be an ex¬
tremely
shortsighted policy
to
indebtedness
program
basis offered in the plan.
Under the terms of the plan, hold¬
ers are allowed 30 days from the
of the
De¬
plan for the next three years en¬
notice; Oct. 23, 1944, tirely on the basis of currently
the curtailed revenue.
The board
recommended that
disbursing agent, and in the event
they are not deposited within the the highway program be so ar¬
By 30 days then the sum to which the ranged as to equitably distribute
Arkansas
Public
necessary
the
of
income
present
State for highway purposes.
to pay the hold¬
the
to
.
exceed
interlocutory decrees con¬
the
to
date
ARKANSAS
■
disbursing
as
3%%. firming the plan of composition
$310,000
the
Fla.,
.
agent of the United States Dis¬
trict Court, in and for the South¬
ern
District of Florida, pursuant
paid by
responsibility for its development
the clerk of the court, as registrar, and financing among the Federal,
until such time fixed in the final State and local governments.
decree to be entered by the court.
Holders are further notified that
ILLINOIS
securities are not
respective times
of
deposits
■
will
they
specified,
forever
be
barred from claiming or
asserting
against the district or any indi¬
vidually owned property located
within the district any claim or
of the bonds. This
RFC,
nor preclude it from asserting its
rights and claims under the old
lien arising out
notice does not apply to the
bonds
ness
other items of indebted¬
or
purchased by it.
Fcrt Lauderdale,
Fla.
Water Certificates Called—Act¬
ing City Auditor-Clerk Florence
C. Hardy anounces Water Revenue
Certificates dated June 1, 1940,
denomination
$1,000, Nos.
406 to
debt
tal
to report.
Payment will be made on presen¬
tation of said certificates at the
California
Chemical Bank & Trust
York
Compton, Calif.
£o., New
City, with all coupons ma¬
as
tion
vote
to
provement bonds.
Redwood
■—
Calif.
Proposals to
bonds to finance
several post-war projects will be
placed on the ballot at the No¬
vember election. Projects include
issue
render of
$998,000
$300,000 sewage disposal plant
and $224,000 for community cen¬
ter,.'. .*•'• .. / ■
'.''v"
■
a
,
COLORADO
Fla.
Bond Call—It is stated by Ruth
City Clerk, that the city
has elected to exercise its option
to call and redeem on Jan. 1, 1945,
N. Smith,
$25,000 refunding bonds, issue of
July 1, 1935, said bonds being the
lowest numbered bonds outstand¬
53, 54,
57, 58, 59, 60, 61, 62, 63, 64, 65, 68,
70, 71, 72, 73, 74, 76, 77. Notice of
such redemption has been filed
ing: 47, 48, 49, 50, 51, 52,
with
Estes Park, Colo.
June
30
$130,353
on
totaled
$153,421, against
preceding
the
in
year.
in the educational
hand
fund at the end of the last quarter
amounted
to
$5,825,010, a sub¬
from $10,053,605
on Sept. 30,
1943. "7. '
Total receipts of the city's board
of
education
for
the
quarter
stantial
,
decline
Oct.
27
v.
—
awarded
to
160,
1569
p.
Boettchef
—
were
of
Co.
&
2l/2s, at a price of
basis of about 2.34%.
1, 1944. Due on Nov. 1
1945 to 1964; optional on and
Denver,
101.64,
as
a
par,
plus accrued interest, on the
date
named,
in
1945.
Said
after May 1, 1947.
"
.
bear
Second best bid was an
offer by
Schweser
Robert
E.
-101.60 for 2V2%
bonds,
'r-."
'FLORIDA
to-wit," January# 1,
will cease
from
January
bonds
interest
Co., of
v/%
the
1S/4S, at
i945.
•
to
1,
Bank
a
Bonds
numbered
24225,
inclusive,
H-l
to
H-
aggregating
$24,225,000, are optional $1,275,000 Jan. 1, 1946 to 1964, or
on any interest payment dates
thereafter. All bonds redeem¬
able on the earliest date shall
•
...
first
be redeemed before any
bonds
optional
at
a
subse¬
quent date are called for pay¬
ment.
1,500,000 construction bonds, Se¬
ries 5. ■ Dated Nov. 1, 1944.
Due
Jan.
011
Bonds
1, 1964.
11001 to 12440, in¬
numbered
V,:
Chicago,
of
$25,500,000 refunding of 1945, Se¬
ries H, bonds.
Dated Jan. 1,
1945.
Due 011 Jan.
1, 1965.
Bank and
City and State of
York, the paying agent. The
bonds, with all interest coupons
attached, to the said paying agent,
where redemption will be made at
National
the
to
price of 100.45, a basis
of about 1.70%.
Sale consisted of:
as
Central Hanover
Dated Nov.
.
First
$250,000 semi¬ New
light and power holders of the above-described
bonds offered for sale on bonds are notified to present their
revenue,
'
awarded
1787—were
p.
electric
annual
$40,557,474.
Chicago Sanitary District, III.
Bond
Sale — The
$27,000,000
bonds offered on Nov. 2—V. 160,
Trust Company,
Sale—The
Bond
:
appropriate coupons.
aggregating $1,440,000, are optional $80,000 Jan.
1, 1946 to 1963.
clusive,
GEORGIA
Metier, Ga.
—
At an election
Other Bids—A group
headed by
and
Duval County Special Tax I School held recently the voters author¬
the National City Bank of New
District No. 1 (P. O. Jackson'
^ ized the issuance of $30,000 street
York was second high bidder, of¬
ville), Fla. i
'
improvement bonds
and $9,500
fering.
100.2199
for
$25,500,000
Bond
Refunding
Plan / Ap¬ sewer and water bonds.; •
l%s and 100.4199 for $1,500,000
proved —; The County Board of
l%s.
Halsey, Stuart & Co., Inc.,
Public Instruction is said to have
IDAHO
headed a third group which bid
approved a plan to refund $500,101.744 for $25,500,000 2s and 101.Idaho (State of) \
000 bonds which : come due next
883 for $1,500,000 2s.
Post-War
Highway
Program
April 1.
The plan is 'said to have
Bonds
Voted
Rocco J. Culotta is
calling for pay¬
accrued
interest, 5% semi-annual refund¬
ing, Series 6f 1935 bonds, Nos. 212,
to 216, and 222 to 226, aggregating
$10,000. Denom. $1,000.
Due on
Dec. 1, 1944. Bonds should be pre¬
Dec. 1, at par and
C.
Coffee,- Board Attorney; to meet .a
total of
$740,000
district bonds
scheduled to mature. Under the
•plan as approved, $240,000 bonds
worked
will
out
retired
be
by
Edwin
the
and
remain¬
ing $500,000 will be refunded with
2% bonds, to mature
serially oyer
*
15 years,
Everglades Drainage District, Fla.
,
Debt
Payment
Schedule d—
Holders of outstanding
terest
other
coupons,
bonds, in¬
judgments
and
indebtedness
district
of
the
above
being notified that the
district
has deposited with the
Broward Bank and Trust Co., Fort
are
Recommended—A
resolution
fa¬
voring adoption of an Idaho road
construction
and;
maintenance
Harris Trust & Savings Bank
Bonds Re-Offered
National
Bank
of
—
The First
Chicago re-of¬
fered the $25,500,000 l%s at prices
to yield from 0.60% to 1.75% to
cost an estimated $11,250,000 in the first three post-war optional date in the case of the
program to
years was
passed here, Oct. 13, by
Board.
the State Planning
Approximately $7,000,000 of the
cost would be provided by
State and local units of govern¬
total
$3,150,000 would
be for matching Federal funds ex¬
pected to be available under legis¬
lation pending in Congress
J. D. Wood, Executive Secretary
of the Board, explained that this
budget for State highways would
ment,
$15,000 Tuscumbia, Ala., General
Refunding 1-5% Bonds. Due
Sept. 1, 1966 (optional.)
99.03
T. J. Raney & Sons,
$16,000 Beebe, Ark., Special Sch.
Dist.
Refunding 3%
Bonds,
Due Jan.
1, 1970 (optional.)
99.53
T. j. Raney & Sons,
Special
Ark.,
Corning,
$13,000
Sch, Dist. No. 8 Refunding
National Bank &
Bonds.
Trust
Co., Chi¬
cago, for payment. Interest ceases
Jan.
Due
3%
1, 1945-1964
(optional.)
date called.
on
91.60
Crummer Co.,
bonds
the
to
maturities
from
1946
to
1962
in¬
clusive, and to yield 1.80% to ma¬
turity on the last three maturities.
Cock County,
District
No.
Franklin Park School
84
(P. O. Franklin
Park),
of which
Bond
District
ment
on
Call
—
1935.
&
Illinois
Trust Co., Chi¬
Said bonds must be pre¬
sented
in
negotiable form and
should have attached the Dec. 1,
cago.
1944
and
all
subsequent
interest
Dec.
1,
Bonds
are
National
$20,000
4%
JV S. Todd & Co., 63.00
Flossmoor Park District,
Election
Bond
An
III.
issue
of
$35,000 park bonds will be con¬
sidered by the voters at an elec¬
Nov,
on
27.
Kewanee, III.
$57,000
reported that
funding bonds
judgment
have been sold to
a-
Madison, III.
by Mar¬
ion Fogle, City
Treasurer, that the
city has called for payment as of
Dec.
1,
1944,
all
outstanding
Kingshighway, b r i d g & revenue
bonds, Series of 1939, dated June
1, 1939, bearing 4% interest.
In
accordance with their terms, said
will be redeemed
of their
par
accrued
interest
at 104%
value, together with
date
to
of
re¬
demption. Holders of said bonds
are
notified to present them for
payment
the
at
Harris
Trust
&
Savings Bank of Chicago. Interest
shall
cease
presented
to accrue on bonds not
for
tional.)
Hanson, Davidson Co.,
95.05
payment
at
(optional.)
Crummer Co.,
80.31
$7,000 Punta Gorda, Fla., Refund¬
ing, Series A 2-5% Bonds.
Due Jan. 1, 1974 (optional.)
local bank.
Bond Call—It is stated
$118.75 Palmetto, Fla., Reg. Re¬
funding,
Series
1938
1-4%
Bonds. Due July 1, 1978 (op¬
$15,000 Perry, Fla., Refunding 35% Bonds. Due Aug. 1, 1966
Sold—It is
Bonds
bonds
Ormond, Fla., Refunding
Bonds. Due Dec. 1, 1970
(optional.)
called.
tion
Nashville,
98.55
said
99.35
II. V. Sattley & Co.,
$25,000 Lincoln Park, Mich., Re¬
funding, Ser.* A 3-5% Bonds.
Due Nov. 1, 1965 (optional.)
First
of
Michigan Corp.,
96.262F
$6,125 Lincoln Park, Mich., 1935
C/I, Ser. A (3% after matur-"
ity) Bonds. Due Nov. 1, 1945
(optional.)
Lebenthal & Co., 95.00F
$2,100 Melvindale, Mich., C/I. Due
Dec. 1, 1946 (optional.)
;
Allison-Williams
Co., 98.25
$10,000 Musselshell County, Mont.,
Refunding 2-4% Bonds. Due
March 1, 1967 (optional.)
time and place. Registered bonds,
A. M. Kidder & Co., 101.125
unless presented by the registered $22,000 Long Beach, N. Y., General
and
Water
Refunding
4%
owner, must be accompanied by
1,
1951-53
appropriate instruments of assign¬
Bonds.
ment executed in blank.
(optional Dec. 1, 1945).
Northbrook
Park
by
park bonds will be considered
the voters at an election on
Nov.
27.
Roxana, III.
Authorized—The
Board
of Trustees is said to have
passed
Bonds
an
ordinance providing for the is¬
of
suance
$31,000
water
June
Braun, Bosworth & Co., Inc.,
District, III.
Bond Election—An issue of $20,000
Due
system
bonds.
99.55
$47,000 Ashe County, N. C., R/B
Refunding 314-5%
Bond s.
Due Dec. 1, 1969 (optional.)
$3,206.66 Ashe County, N. C., In¬
terest Funding Reg.
3V2-5%
Bonds. Due Dec. 1, 1969 (op¬
tional.)
Breed & Harrison,
99.08
Hendersonville,
N. C.,
Water, Sewer Refunding, Se-.
$32,000
ries
214-5% Bonds. Due
1937
July 1, 1972 (optional.)
Springfield School District, III.
Bond
$366,000
will
be
Election
school
—
An
issue
McDaniel
of
building
bonds
by the voters
considered
Lewis
&
Co., 92.50
$11,000 Old Fort, N. C., Water Re¬
funding
3-5%
Bonds. Due
April 1, 1967 (optional.)
November election.
$1,625: Old Fort, N. C., Interest
INDIANA
at the
April 1, 1949 (optional)
Guaranty Trust Co., New York
Funding Reg. 3% Bonds. Due
M.
Ball,
1944, refunding
63, dated. Dec. 1,
payable at the
Bank of
April 1, 1968 (optional,)
Commerce Union Bank,
Interest ceases on date
coupons.
Treasurer, calls for pay¬
bonds Nos. 56 to
First
III.
Arley
Continental
National Bank
.
been
District Treasurer
—
—
ments of
Lake Alfred,
,
,
City,
Election
Bond
»
of
im¬
park
and
airport
$550,000
—
issuance
the
on
(P. O. Melrose Park), III.
Bond Call
Sept. 30 amounted
The turing subsequent to Dec. 1, 1944,
Payment will be made
City Council is said to have post¬ attached.
ended Sept. 30 amounted to $39,poned action on calling an elec¬ at par and accrued interest, the 869,100, against total disburse¬
accrued interest to be paid on sur¬
Bond Election Deferred
\
1967 (optional.)
Stubbs, Smith & Lombardo, 93.27
to Du
Page County, Elmhurst School $11,000 Brooksville, Fla., Refund¬
$54,689,910, compared with $55,ing
2%-4V2%
Bonds. Due
District No. 46, III.
710,609 at the same date a year
July 1, 1971 (optional.)
Bond Call
W. C.
Shaeffer,
according
to
the
board's
ago,
Crummer Co., 51.46
School Treasurer, is calling for
quarterly financial statement. The
$40.81
Brooksville,
Fla.,
Time1941 aggregate of $18,066,489 in payment on Dec. \, 1944, refunding
Warrant. Due July 1, 1951.
bonds, numbered from 36 to 55,
net funded debt was below the
Crummer Co., 94.30
bearing 4% semi-annual interest.
$20,855,255 figure a year ago, but
Dated Jan. 1, 1941.
Denomination $12,500 Clermont, Fla., -Refunding
tax anticipation warrants of $36,$1,000. Due Jan. 1, 1961. Payment
21/2-5% Bonds. Due July 1,
470,000 as of June 30 represented
of the principal amount, together
I.969.
an increase of $1,745,000 over $34,with interest accrued up to and
Crummer Co., 100.00
725,000 at the corresponding per¬
including Dec. 1, 1944, will be
iod of 1943.
$10,000 Dade City, Fla., Refunding
made
on
presentation of said
The board's'floating debt as of
Series A 4-5% Bonds.
Due
tion
decision by the Ar¬ 550, due June 1, 1956 are called
Supreme Court, according for redemption on Dec. 1, 1944. Cash
on a
Educa¬
of
Board
the
of
of
(optional.)
10,000 Florence, Ala., School Re¬
funding
2-4% Bonds. Due
sented at the Continental Illinois
Chicago, III.
School Board Debt Lower—To¬
made within the
County, Veterans Park Dist.
Refunding
2-4% Bonds. Due Jan. 1, 1967
Jan. 1,
Chicago.
on
Extension
works
Water¬
Ala.,
Florence,
$10,000
for payment
on Dec.
1, 1944, refunding bonds
Nos. 20 to 29, dated Dec. 1, 1941
and due Dec. 1, 1961. Payable at
the Harris Trust & Savings Bank,
ment
follows:
as
Watkins, Morrow & Co., 94.10
Roos, Dis¬
trict Treasurer, calls
Cook
of
bonds,
(P. O. Riverside), III.
municipal
various
amount,
Riverside-Brook-
County,
High. School District No. 208
Bond Call—Albert C.
deposit their securities with
holder is entitled will be
if
Cook
field
Chicago.
American United Life Insurance Co.
(Indianapolis), Ind.
Portfolio Award—The company
recently sold $558,350.72 principal
99.25
$10,000
R/B
Pamlico
County,
N, C.,
Refunding 3-5% Bonds.
1. 1958 (optional.)
Dup Jan.
:?
■•
THE COMMERCIAL & FINANCIAL CHRONICLE
2012
multiples of xk of 1 % and not
C., Funding more than one rate shall be named
Principal and
Registered 3V2% Bonds. Due by each bidder..
interest payable at the Fountain
Jan. 1, 1945 (optional.)
Trust Co., Kingman.
The bonds
Nashville Securities Co., and R. S.
Braun, Bosworth & Co., Inc., 97.50
Rowland,
$600
Dickson
N.
Co.,
&
Rowland,
$5,000
will
jointly, 97.20
C.,
N.
General
2%-5%
Bonds.
1, 1965 (optional.)
Refunding
Due Jan.
qualified bidder-who has
submit¬
with the
notice of sale.
ing 3-4Vk % Bonds. Due
;
_
.
Sale
The $35,000 semi¬
—
bonds
annual fire station building
offered for sale on Oct. 30—v. 160,
June
:
Reusch
Cincinnati,
of
Co.
&
Fox,
to
awarded
1787—were
p.
and R. S.
iy2S,vpaying a price of 101.325, a
Dickson & Co., jointly, 79.13
basis of about 1.40%. Dated Sept.
Due
Bonds.
lVa-4%
on
July 1,
inch,
1976.
«
Braun,
Due on July 1, 1957, and
Jan. and July 1 in 1958 to 1960
1, 1944.
.
Second
_
& Co., Inc.,
Election—At
er
Co., 95.00
of
issue
an
6
to
airport
$30,000
County (P. O. Pineville), Ky.
reported by W.
J.
the
Moore, State Local Finance Of¬
; ■;•/■
1:30 p.m.
"
000
Bosworth & Co., Inc., 91.76
$25,000 Maple Heights, Ohio, Ref.
Sewer Dist. Ref., Ser. 1937-5
2-5% Bonds. Due Jan. 1, 1967
(optional.)
W. J. Mericka & Co., 99.25
Braun,
hospital bonds.
bonds
scheduled
for
160,
v.
made
sale
the
and
Oct.
on
30—
award was
no
offering date
on Nov. 1
new
Due
v
$1,000
from 1947 to 1956 incl.
■
.
Co.
chased
Co., 89.18
Cayne, Ralston &
Sold
000
(optional.)
%
L. Davis,
Evan
99.00
1940
of
Ref.
Evan
1954
1964
incl.
Davis, 91.25
L.
000
will
bonds
to
are
voters
election.
(optional.)
$15,000 Brownsville, Texas, Re¬
funding, Ser. 1941 3% Bonds.
Nov. 1,
tional.)
Childs
&
at* the Nov.
is said.
Co., Boettcher
&
election
present same at place of pay¬
to
designated therein, as of
with all interest cou¬
pons maturing thereafter attached.
Interest ceases on date called.
Dec. 1, 1944,
7
to
the
election,
the
will
voters
Nov.
be
V.
the
Columbian Securities Corp., 81.00
The
City
Texas, Refunding
71.
(P.
>'r
Kentucky
in
it
7
ac¬
•
-
Va., ' Street
1953-
priation
for
will
limits
received
until 2 p.m. on
Foregoing
for
water
Treasurer,
Clerkpurchase of
bonds.
the
works
bonds
to
must
the
at
office
Enclose
Clerk.
certi¬
will
and $500
be
bonds
of
revenue
Interest rate is not to ex¬
in
On
'
Dec.
1,
than
less
not
for
'j!;■
;•
MICHIGAN
Center
Line, Mich.
/
Bond Sale
The $190,000 re¬
funding bonds of 1944 offered
in
denoms.
Oct.
31
awarded
were
Sattley
&
to
H.
V.
Crouse, Bennett,
Miller, Kenower
Marion, Ky.
& Co., all of Detroit, jointly; at a
Bond Offering—Beulah T. Elkins,
price of par, a net interest cost
City Clerk, will receive sealed
bids until 9 P.M. (CWT) on Nov.i of about 2.837%, for the bonds
divided as follows:
/
: 6
for
the
purchase
of $30,000
Co.,
Smith & Co. and
>
2%%
building
school
bonds. Dated Nov.
in
revenue
$28,500 2lis. Due
and
tion
only
interest due ddte
upon 30 days' published notice at
the face value, plus accrued in¬
premium''equal to
a
3% of the face value, if the stated
date of redemption is on or
before
May
1946, $4,000 from 1947
incl.
and -$5,000
in
85,000 3s. Due
in
on
1: $5,000
Dec.
$8,000 from 1954-to
1960 incl. and $12;000 in 1961
and 1962.
•
.;,(%*••••'/ 4.1;^
1953,
1964 to
on
1968 incl.
,
/
Dated Oct, 15, 1944. Denomina¬
tion
$1,000, one for $500. Due Dec.
1; as follows: $3,500 in 1946, $4,00()
in 1947 to 1951, $5,000 in 1952 and
1953, $8,000 in 1954 to 1960, $12,000 in 1961 to
1964 to 1968.
1963, and $13,000 in
Optional as follows:
bonds
maturing in 1968 on Dec. 1,
1946, bonds maturing in 1967 on
Dec. 1, 1949, bonds maturing in
1966 on Dec. 1, 1951, and bonds
maturing in 1965 on Dec. 1, 1953. >
Principal and interest payable at
the Detroit Trust Co.;
Detroit.
Second
high bidder was an ac¬
count composed of First of Mich¬
igan; Corp;, (McDonald-Moore &
Co. and Paine, Webber, Jackson
Curtis; Their bid
&
that
104%
extent.
In
the
event
prior to the delivery of
bonds
the
by
income
private
re¬
holders
same
by the terms of any Federal
income tax law, the success¬
ful bidder may, at his elec¬
tion, be relieved of his obliga¬
tions
under
the
purchase
the
such
the
case
panying
1944
was
tified check for
$500.,
/
.
Dec.
his
contract
to
bonds and in
deposit accom¬
bid
will
be
re¬
1,4965 to 1968, as 2%s. ;-:n',
Ferndale, Mich.
A
J
-
Bond Call—It is stated by T.
,
.
H.
O'Donoghue,
City Clerk, that
is calling for payment on
the eity
LOUISIANA
Dec.
Lake
Borgne Basin Levee Dist. La.
Call —- It is stated by
Bond
Livaudais, Jr., Secretary
of Commissioners,
Oliver S.
of
2, on which date interest
the following 1935 Refund¬
ing bonds:
j;*
ceases,
Series F, Nos.
Board
the
above
La.)numbered from 1 to 100, to the
called for
Series
.
Series
amount of $100,000 are
payment
on
1,
at
par
and
1902.
interest.
Dec. 1, 1952,
1942.
Dec.
Dated Dec, 1,
Denomination $1,000.
Due
accrued
Said
sented
at
optional after Dec. 1,'
bonds
the
should
State
be
pre¬
Treasurer's
office, Baton Rouge, or at the of¬
fice of the Fiscal Agency of the
State and of said District in New
Orleans.
Interest
ceases
called.
Orleans Levee District
on
date
'
(P. O. New
Orleans), La.
18, 53, 65, 67, 97,
150, 152, 184, 211, and 235.
Series G, No. 25. •
semi annual bonds of the
district (P. O. Chalmette,
that 5%
Said
for
H, No. 69.
I, No. 121.
bonds
shall
•"
;
•„
be
presented
payment on or before Dec. 2,
at> the Detroit Trust Co., Detroit.
Tenders Wanted—City Manager
F. Gibbs. will receive sealed
until, 8 p.m. (EWT) on
Jay
tenders
November
"D"
13,
of
Certificates
Series
of
"C"
Tenders should fully describe
certificates offered,
and
Indebtedness.
including
the
ser¬
ial numbers,
for
be
and should state sum.
certificates will
sold. The right is reserved to
which
these
turned.
Enclose
a
certified
School Building, Nos. 5 to 51,
Bond Call—It is stated by Ger- the City Commission to reject any
Dated Dec.
check for $1,000.
vais F. Favrot, President of the or all tenders, to waive any irreg¬
1, 1944. Denomination $500.
Due dated June 1, 1943. The principal
2%%
July 1, as follows: $500 in 1946, amount of said bonds/ together $22,000
.school, building Board of Levee Commissioners, ularities in said tenders, and to
bonds. Dated
Nov.
15, 1944. that the district's $1,401,000 re¬ accept the tender or tenders which
$1,000 in 1947, $1,500 in 1948 to with accrued interest up to and
1950. $2,000 in 1951 to 1953, $2,500 including
vDue Nov. 15, as follows: $1,- funding Bonds, Issue of Jan. 1, In the opinion of the City Cpm-j
f( said
date of redemp¬
500 in 1945, $1,000 "in 1946 to 1937, of the denomination, of $l,n. mission are most -favorable to the
in 1954 to 1959,~ and $3,000 in I960" tion and 4' premium of 4% of the
lo 1869. .Rate of interest to be
1848, $1,500 in 1949 an'cj XQ50, 00,Q; each, numbered from .481 to city.,; The certificates purchased
jp principal jamp.unt, |vjll be paidton
ceed 5%,
payable J-J.
•
Dec. 1: $12,000 in 1963 and $13,000 from
77,000 2%s. Due
numerical
inverse
in
$3,-
1952.
1, as follows: $1,500
1946, $2,000 in 1947,
on' anjt
Dec. 1:
on
1951
to
Nov.
1945
in
500
15, 1944., Inter¬
$1,500 in 1948, $2,000 in 1949 to
1954, $2,500 in 1955, $2,000 in 1956,
$2,500 in 1957.and 1958, and $2,000
in 1959. Subject to prior redemp¬
the
type
and character shall be taxable
i'1
"
of
price
bid
a
ceived
Hankes, City
Clerk, has called for payment, at
the
City Treasurer's office, the
following outstanding 3M>% rev¬
bonds:
described and must
as
from bonds of the
Bond Call—W. W.
enue
PT";
—
fied check for $500. '
Each issue
$1,000
date.
the
of
a
the
that
•
.
Guaranty
Company of New York, at
be
forms which may be
on
All
for
made
the
to be
Oct. 10 issue of Kentucky Depart¬
of Revenue's
monthly re¬
.
Leitchfield.
be
The approving opinion
of Chapman & Cutler, of Chi¬
cago, will be furnished and
bids may be conditioned only
ment
.
City Treas¬
of par.
fiscal
reported
the
of
Bank,
bonds
an appro¬
county
New Orleans; or at the
at the'Leitchfield De¬
must
specify
Ashland,' Ky.
will
Nov.
20, by Elmer Alward, Town
$57,000
the
or
posit
considered
current
or
Bank of
any
office
/bid's
the constitutional
for
port.
■
the
cause
Kingman, Ind.
be
made
secured
'City
Bids
forms.
bond
order of their number¬
on
urer
County
determining whether
exceeded.
and
Bonds. Due May 1,
Bond Offering—Sealed bids
at
bonds as follows:
revenue
said opinion and printed
nish
sealed terest, plus
hours spebelow, for the purchase of
6,
date of their
maturity at 101. Principal and fice of C. A. Hollowell, Superin¬
interest
will be payable at tendent of Schools. Enclose a cer¬
of Appeals
Court
Allen
debt
Charlottesville, 129.00
Galax,
Nov.
Layman
Rouge, Louisiana,
successful notified that, if said bonds are not
and to the final presented for redemption on or
approving
legal
opinion of before the date of redemption as
Skaggs, Hays
& Fahey, of herein
specified,
interest
shall
Louisville. The City will fur¬ cease to run on and after said
order
receive
will
Clerk,
E.
Baton
100.01, a
to the successful purchaser and to
net interest cost of;about 2.98%,
interest payment the final approving legal opinion
for $28,500 maturing Dec. 1, 1946
date prior to maturity upon of Skaggs, Hays & Fahey, Louis¬
terms
of
103
on, or
before ville. The City will furnish said ,to 1952, as 214s, $110,000 maturing
Dec. 1, 1953 to 1964, as 3s, to Dec.
June 1, 1949; thereafter, and opinion and printed bond forms.
on or before June
1, 1954, at Bids must be made on forms 1, 1948, and 314s, thereafter to
102; and thereafter and before which may be secured at the of¬ maturity, and; $52,000 maturing
Scottsville),
O.
such debt is not to be
in
redeemed
the
to
,
Ky.
year
Peoples National Bank,
Water 6%
1.
t
the
on
15, 1949, and on the same
$49,000 3% water works bonds. terms thereafter, with the excep¬
Dated Dec. 1, 1944. Due Dec. tion that the
premium shall be
1, as follows: $1,000 in 1945, 2% if the stated date of redemp¬
$2,000 in 1946, $2,500 in 1947, tion is on or before May 15, 1954,
$3,000 in 1948, $2,500 in 1949, and 1% if the stated date of re¬
$2,000 in 1950, $2,500 in 1951, demption is thereafter. Principal
$3,000 in 1952, $3,500 in 1953. and interest payable at the City
$3,000 in 1954 and 1955, $4,- Treasurer's office. Said bonds are
500 in 1956, $3,000 in 1957 and to be sold subject to the principal
1958, $3,500 in 1959, $4,000 in of and interest on said bonds not
1960, and $3,000 in 1961. Op¬ being subject to Federal or Ken¬
tional
fo/r redemption as a tucky ad valorem or income taxa¬
whole, or in part in the in¬ tion on the date of their delivery
Court Decision On Debt Limit—
Refunding 3- ruled,
5% Bonds. Due April 1, 1947-
$17,000
Offering—T.
until
bids
•" ' ■>'.%■ -V
*
Leitchkeld, Ky.
:
Bond
Fiscal
4% Bonds. Due April 10, 1968 Court, etc, v. Allen County Farm
Bureau, that where a county has
(optional.)
a
floating
bonded
indetedness,
Columbian Securities Corp., 131.00
Olney,
•ii-'if-..-
v* f
the
County
be
may
purchaser
Due
Dated Oct.
Co., Cincinnati.
d
KENTUCKY
Allen
bonds
the optioh of the holder. Holders
of the aforesaid bonds are further
delivery
,/./■■■;/
$10,000 road
The
—
1, 1944 and due Oct. 1, 1956.
the issuance of $30,-
airport expansion bonds,
cording to report.
jointly, 55.01
$19,500
Sale
160, p. 1570—were awarded to
Provident Savings Bank
&
Trust
asked
000
$5,000 Eastland, Texas, Free Sch.
Dist., Refunding 1-4% Bonds.
Due Aug. 1, 1971 (optional.)
V•-%""■'%
at the-office of the State Treasur¬
est. M-N.
bridge bonds offered Nov. 1—^
ing
Election—At
Co., and R. A. Underwood & Co.,
$5,000 Frost, Texas,
O. Grayson)r
Carter County (P.
verse
the
Said
January
on
0
taxation
1941.
Holders of said bonds are notified
,,
to pass upon
interest
accrued
1,1945.
Trust
Clerk,
City
Webb,
be
to
are
said bonds not be¬
on
subject to Federal or Ken¬
tucky ad valorem or income
demption dates.
Hays, Kan.
Bond
1981 (optional.)
proposal to
submitted
will
Bonds. Due
$2,050 Cisco/Texas, Refunding 3%
Bonds. Due Nov. 1, 1981 (op¬
C.' F.
be
bonds
,
A
—
$35,000 airport construction
voters
$4,100 -Cisco; Texas, Waterworks
System
and Sewer System
Revenue Ref. 3%
the
KANSAS^Vw^vP';'J
Bond Election
issue
Ranson-Davidson Co., 82.25
•
by
general
Beloit, Kan.
(optional.)
1, 1971
Due April
November
,
•
Due April 1, 1955
.V
considered
the
at
and
ing"
1,
issues dated June 1,
bonds
Said
1
(optional.)
Ranson-Davidson Co., 99.75
.
being redeemed. Prin¬
cipal and interest payable at
the
City
Treasurer's office.
called for redemption
1945, at the Security
Trust Co., of Lexington. No inter¬
est shall accrue or be paid on said
bonds
subsequent
to
their re¬
30,
Jan.
$71,000
construction
pool
be
of
particular
in
cifiecl
City, Iowa
swimming
$5,000
Brownsville, Texas, V Re¬
funding, Ser. 1941 3% Bonds.
V !
M-N.
Interest
\ Bond Election—An issue of $20,-
$10,800 Madil, Okla., Optional Re¬
funding
2-4%
Bonds. Due
May 2, 1958
from
Optional
Swea
such
the Whitney National
Nov. 1,
1946 to
Bonds. Due
5%
1965 (optional.)
Jan. 2,
$4,000
Oct. 2.
on
Due
incl.;1 $5,000 from 1951 to
incl. and $6,000 from 1955 to
Coalgate,- Okla.,
$5,100
1950
1944.
1,
follows:
as
election
an
-•
1, 1966
pur¬
l%s, at par, the $100municipal airport bonds au¬
as
$24,000 Willowick, Ohio, Ref., Ser. thorized at
" 7 and 8 2-5%
Bonds. Due Oct. Dated Nov.
•
of
re¬
date
at
Ky.
has
Davenport
of
bonds
stated
the
of its resolution passed at a
meeting of said Board on Oct. 29,
1936, are now called for payment
in both principal and interest, and
will be redeemed by the Board
at par, plus a premium of 10%
er
and
The White-Phil-
—
stated
issued by the Board under author¬
ity
sold
Bond
Bonds
date
to
interest
/:y
Keokuk, Iowa^
Bonds." Due Oct. 1, 1966 (oplips
tional.) i; ■/./
.C
July 1 in each
on
1950
subject to the principal of and
$28,000
;
the years
A, 3s, Nos. 126 to 135 and 137 to
180, are called for redemption on
Dec. 1, and Road and Bridge Re¬
ment
originally
were
1907—but
p.
set.
was
Parma, Ohio, Ref. Street
Improvement Ser. No. 6 3-5%
13, at
for the purchase of $10,-
These
fraction
or
the
the
to
maturity
ficer,
that
County
Road
and
Bridge Refunding bonds, Series
general
will receive bids until Nov.
1973 (op¬
Bonds. Due July 1,
tional.)
from
deemed
Bowling Green, Ky.
Bond Call—it is stated by H. B.
Nov. 7 the voters will
on
year
prior redemption of
particular
bonds
being
Bond Call—It is
Both
Election—At
Bond
election
/
,
each
for
interest, plus a
to lk of 1%
equal
for
that
2%%
electric
light
and
be asked to pass on the issuance semi-annual
Braun, Bosworth & Co., Inc., 92.55
of $17,000 swimming pool bonds, it power revenue bonds, dated June
$20,000 Yancey County, N. C„ Re¬ Is.said..
1, 1942, Nos. 389 to 433, 435 to 480,
funding 2V2-4x/2% Bonds. Due
482 to 577, 579 to 628, 630 to 724,
Ida Grove, Iowa
/
July 1, 1973 (optional.)
and 736 to 789, to the amount of
Bond Offering—It is stated by
*■$2,387 Yancey County, N. C., In¬
$396,000, are being called for pay¬
F. B. Driver, City Clerk, that he
terest Funding Reg. 2lk-^l/z%
ment on Dec. 1.
Denom. $1,000.
tional.)
premium
thereof
Dodge, Iowa
Fort
accrued
plus
attached.
Bell
of
1968, inclu¬
sive, bonds Nos. 481 to 632, inclu¬
sive, bearing interest at the rate'
of 4% per annum and bonds Nos.
merical order on any interest, 633 to 1881, inclusive, bearing in¬
due date upon 30 days' pub¬ terest at the rate
of 3%%
per
lished notice at the face value, annum, payable Jan. 1 and July 1,
53,
""'..V.'.'
bonds.
$3,000 Transylvania County, N. <%,
General Refunding 2-4%
Bonds. Due July 1, 1972 (op¬
election
an
Nov. 14 the voters will consid¬
on
k
Nos.
demption, and a premium of 3%
the principal amount, will be
paid on presentation of the bonds
with all unpaid interest coupons
on
Emmetsburg, Iowa
Bond
Building,
%
dated April 15, 1943. The princi¬
pal amount of said bonds, to¬
gether with accrued interest up to
and
including said date of re¬
8
IOWA
.
$1,510 Sylva, N. C., Interest Fund¬
ing Reg. 3-5% Bonds. Feb. 1,
1969 (optional.)
'
,
/
McDaniel Lewis &
an
was
of 100.76 for N/2S.
$13,000 Sylva, N. C., Public Im¬
provement Ref. 3-5% Bonds.
Due Feb. 1, 1969 (optional.)
15, 1945
1881; inclusive, payable serially in
numerical order
funding bonds, Series B, 5s, Nos.
bid
best
offer by Halsey, Stuart
Bosworth & Co., Inc., 99.30
School
as
Nashville Securities Co.,
$30,000 Swannanoa, N. C., Water
and Sewer District Refunding
in
unpaid interest coupons attached.
of
Albany, Ind.
New
Bond
$16,587.50. Rutherfordfon, N. C.,
Various Refunding and Fund¬
highest
the
to
ted his bid in accordance
Inc. 97.15
Brarn, Bosworth & Co.,
1, 1945-58.
awarded
be
$1,000 in 1951 to 1953, $1,500
1.954, $1,000 in 1955, $1,500
in 1956, $1,000 in 1957 to 1959,
$2,500 in .1960, and $2,000 in
196.1.
Subject to
prior re¬
demption only in inverse nu¬
presentation of the bonds with all
On April
Monday, November 6, 1944
:
s
shall
delivered
be
State Bank,
Payment of the principal amount
St. Paul, as I V2S, at 101.05, a basis
(P. O. of about 1.37%—V. 160, p. 1571—
Kalamazoo), Mich.
and re-roffered the issue on Nov.
Interest Rate—The $215,000 tax;
4.,
' A '
anticipation notes purchased on
Wabasha County Independent Sch.
Oct. 23 by a group of Kalamazoo i
Dist. No. 4 (P. O. Lake City),
banks—v.; 160, p. 1908—were sold
School
Kalamazoo
District
•>.Y. L,.Y; ;;>••/ :
Is,
as
J
■
Lincoln
-
l<
John
M.
(EWT) I 102.80;.
sealed tenders until 8 p.m.
November
on
amounts
refunding
1935, thej
13, -for
1,
Nov.
dated
bonds,
Series A
Series B
the
Northwestern
of $24,-: Minneapolis.
Series C to the amount
;
072.36.
of $18,-
Series D to the amount
101.29
of
National Bank,
approved
Legality
by Dorsey, Colman, Barker,
& Barber, of Minneapolis.
Waseca
$2,-
to the amount of
Scott
Waseca),
(P.O.
County
Minn.
401.01.
Y
$1,370.
Each series should be made on
fully
separate tender and should
ditch
Sale
bonds
—
160, p. 1908—were awarded to
National Bank of Waseca.
v.
First
follows: $1,145.22
1949
Certificates Called—Mr. O'Con¬
inch; $1,250 from 1950 to 1954
nor calls for payment on May 1,
incl. and $2,000 from 1955 to 1959
1945,. at par, all 1935 Certificates
inch Part of the issue is subject
of Indebtedness, Series A, C and
to optional redemption,
D, dated May 1, 1937. Funds are
1945; $1,000 from 1946 to
in
available at the Detroit Trust
now
ment
said
of
c
certificates.
•
.
V
of)
(State
Mississippi
Bond Sale—The
Melvindale, Mich.
Dated Nov. 1, 1944.
Due
on Nov/ 1 in 1945 to
1947. Second highest bidder was
Barcus, Kindred &. Co. of Chi¬
lage
Clerk.
$5,000
cago.;
YYyV'
-
Paw Paw, Mich.
Call
Bond
trust
the
to
1938, between the Village and
the Michigan Trust Co., as trustee,
314 % ■'» electric . light
mortgage
bonds of the village,' Nos. 25 to
1,
part of an
called for
payment on December 1, 1944, at
par and accrued interest to re¬
demption date. Payment of the
redemption price will be made at
the
Michigan Trust Co., Grand
Bapids, on presentation and sur¬
48, aggregating $21,000,
issue
of
render
$75,000,
are
bonds
said
of
bearer
in
j
Bond
.
Sale —The $250,000
cou¬
semi-annual refunding mu¬
nicipal airport bonds offered for
sale on Oct, 31—v. 160, p. 1908—
were awarded to Halsey, Stuart &
Co., Inc., as DAs; at a price of
100.126, a net interest cost of
about 1.24%. Dated Nov. 1, 1944.
Due
on
1949 to 1964 in¬
Nov. 1, in
best
Second
clusive,
bid
was
a
joint offer by the Northern Trust
Co; of Chicago, and the City Na¬
tional Bank & Trust Co. of Kan¬
City, bidding 100.004 for $22,and $228,000 as VAs.
000 as 2s,
with
1944,
Dec.
due
[■ ■ "■
■
Marshall
'
•
'
,
i
.
*
41
County (P. O.
,
Warren),
Minn.
Bond Sale—It is stated by Levi
G.
Johnson, County Auditdr, that
the
$189,000 semi-annual refundr
ing bonds offered for sale on Oct.
26—v.
chased
First
160, p;
by the
National
1677—were
only
Bank
bidder,
of
pur¬
the
Minne¬
apolis. Dated Oct. 1, 1944. Due on
Oct. 1 in
1945 to 1949 inclusive.
one-tenth
of
1%, and must be
.
bond registered as to both princi¬ in any legally acceptable proposal.
pal and interest, be accompanied Each
proposal must
state
the
by all coupons for interest, accru¬ amount bid for the bonds, which
ing after Dec. 1, 1944. Coupons due shall be not less than $70,000 nor.
on
Dec.
the
1,1944,
may
be attached to more than $71,000. As between
if de¬ legally acceptable proposals spe¬
bonds by the cifying the same rate of interest,
bonds for payment or,
tached
from
the
thereof, may be presented the bonds will be sold to the bid¬
for payment in the usual course. der complying with the terms of
Interest ceases on date called.
sale and offering to accept for
holders
of
amount
bid the
least amount
bonds, the bonds to be accepted
.
Surplus Increased—The surplus
municipal revenue fund as
the end of the 1943-44
amounted to $2,055,-
year,
increase of almost 300%
total of $513,174 at the
close of the 1942-43 fiscal year,
the annual report of Louis Nolte,
499,
an
from
the
City Comptroller,
marked
increase
disclosed.
The
is the more im¬
pressive in that the preceding
year's figure represented the first
lime in 15 years
shown
a
that the city liad
surplus in its municipal
fund.
The fiscal year
closed with a deficit of
the bonds
of
accrued to the date
stated by
payment of the purchase price. In
Fischer, Township 'the event that
prior to the deliv¬
Clerk, that he will receive sealed
ery of the bonds the income re¬
bid's until 8 p.m. (EWT), on Nov. ceived
by private holders from
14, for the purchase of a $47,000 bonds of the same type and char¬
issue of coupon or registered land
acter
shall
be
taxable
by
the
acquisition bonds. Interest rate is terms of
any Federal income tax
not to exceed 6%, payable M-N.
law, the successful bidder may, at
Denom. $1,000. Dated Nov. 1, 1944.
his election, be relieved of his
Due on November 1 as follows:
obligations under the contract to
$2,000 in 1945 to 1957, and $3,000
purchase the bonds and in such
in 1958 to 1964, Prin. and int. pay¬
case
tne
deposit
accompanying
able in lawful money at the Firs!
Bond
Offering—It is
Theodore
revenue
1941-42
his
bid
will
be
returned.
The
National Bank, Toms
of interest to be in multiple
•
—
.
.
1
.
.
the issuance of $150,000 ditional offers
construction bonds at an election the State.
on
held Nov. 3.
or
River. Rate successful bidder will be furnished
of V4
with the opinion of Hawkins, Del¬
or 1/,10th of 1%, and must be the
$651,853, and there had been no
afield
&
Longfellow,
of
New
same for all of the bonds. Legal¬
surplus reported by the city since
York, that the bonds are valid
ity will be approved by Hawkins, and
April 9, 1928, when it amounted
legally binding obligations of
Delafield & Longfellow of New
to $497,484, Mr. Nolte said.
the Borough. Enclose a certified
Net receipts and balances, ac¬ York., A certified check ,for $940, check for
$1,400, payable to the
cruing to the municipal revenue payable to the Township, must ac¬ Borough.
fund
in
the
latest; fiscal
year company the bid.
Ocean City, N. J.
totaled $23,807,664, an increase of
Egg Harbor City, N. J.
®
Bonds Authorized — The City
$2,151,127, compared with $21,Bond Call
City Clerk John Commissioners are said to have'
656,537 in the preceding year. De¬
Schuster, Jr., announces the city passed an ordinance on final read¬
follows:
:
partmental expenditures, appro¬ has
duly elected and has exer¬ ing calling for the issuance of,
$1,000,000 3s, due $100,000 on Feb. priations for miscellaneous pur¬
cised its option to redeem on De¬
!
$60,000 jetty construction bonds.
1 and Aug. 1 from 1946. to poses
and transfers
aggregated cember
1, 1944, as a whole, all of
1950 inclusive.
.£■":•> v 4$21,752,165, an increase of $608,- its
Voorhees Township (P. O. Ashrefunding bonds, bearing in¬
1
1,000,000 N/4s, due $500,000 Aug. 802 compared with $21,143,363 in terest at the rate of 4%, dated
land), N. J.
the 1942-43 year.
;
Bond Call—It is stated by Wil¬
1, 1958, and $500,000 Feb. 1,
June 1, 1935, issued and presently
liam Fitzgerald, Township Clerk,,
;
; 3.959.
outstanding, which mature after
Webster Groves School District
that the Township has exercised
f All of the bonds are dated July
Dec. 1, 1944. Said bonds will be
(P. O. Webster Groves), Mo.
its option to redeem on Dec. 1,
1, 1944, and those maturing from
Bond Election Contemplated—It redeemed at the principal amount
1950 to 1959 inclusive are callable,
to 1944, $70,000 4% refunding of 1939
is said that an election will be thereof and accrued interest
in inverse numerical order, Aug.
bonds, including all bonds bearing
called in the near future in order Dec. 1, 1944, but without premium,
1, 1949, or any interest date there¬ to have the voters pass on the is¬ and on said date the said redemp¬ a serial number greater than bond;
No. 8.
Dated Dec. 1, 1939.
Due
after, at a premium of 1%.
/ suance of
tion price of the principal amount
$700,000 > construction
on
or
after Dec. 1, 1945.
Said
amount thereof and accrued in¬
;
Bonds Re-offered—The .Equita¬ bonds. :
Yy Y'Y /
bonds
will be redeemed at the
terest thereon to said
date will
ble Securities Corp. and Associ¬
become due and be payable on principal amount thereof and ac¬
ates re-offered the bonds .matur¬
MONTANA
crued
interest,
on
presentation,
each of said bonds, upon presen¬
ing from Feb. 1, 1946 to Aug. 1,
and
surrender
thereof and surrender thereof (with all
1950, at prices to yield from 0.70% Park County High School District tation
coupons thereto appertaining, ma¬
to 1.15%, according to maturity. No. 1 (P. O. Livingston), 'Mtint.
(with all coupons thereto apper¬
Bond Sale Postponed—Sale of taining maturing on or after said turing on or after said date) at
Other Bids—Second high bidder
the H&ddonfield National Bank,
an
issue of $117,181,56 refunding date of Dec. 1, 1944) at the office
was
a
group headed by Halse.y
Haddonfield.
Any of said bonds,
Stuart & Co., Inc., whose offer was bonds, originally announced for of the Harbor Commercial Bank,
Held-J-The voters net cost of 1.7456%.
Bond Election
$1,000. Due $7,1, 1945 to 1954. Rate of
interest to be in a multiple of Y4
Nov.
,
.
passed
Denomination
000
Bond Election—The issuance of
being those first maturing, and if
Bonds Unsold —-The issue of two or more bidders offer to ac¬
$750,000 city bonds will be sub¬
$60,000 bridge construction bonds cept the same least amount, then"
mitted to the voters at the general
the
bidder ■ offering
to
pay
election on Nov. 7, according to authorized last May remains un¬ to
sold. ;
Y
therefor the highest price.
The
report.
V;: % A, - 'Y:/Y ■;.Y:;
purchaser
must
also
pay
an
Dover Twp. (P. O. Toms River,
St. Louis, Mo.
amount equal to the interest on
N. J.
and
coupons
P.M.
and accrued interest at the the same for all of the bonds.
Asbury
Park
&
Ocean
Grove Principal and interest payable in
Bank, Asbury Park, or at the op¬ lawful money at the Citizens First
tion of the holder, at the Marine National
Bank
&
Trust
Co.,
Midland Trust Co., New York. Ridgewood. No proposal will be
Each bond surrendered must, un¬ considered which specifies a rate
less it has been converted into a
higher than the lowest rate stated
Burlington County (P. O. Mt.
Holly), N. J.
City, Mo.
1,
subsequently attached. 100.002 for $700,000 3V2s, and $1,~ Nov. 15—v. 160, p. 1788—has been
Dated June 1, 1938. Denomina¬ 300,000 I V2S, making a net interest postponed to Nov, 30,,,according
tions $1,000 and $500. Due $3,500 cost of about 1.7055%. John Nu- to Hilfred B. Paterson, District
;
;,Y ■
June
1, 1945 to 1950. Interest veen & Co., and Associates, of¬ Clerk.
ceases on date called.
fered
100.067
for
$800,000 3V2s Sanders
County (P. O. Thompson
and $1,200,000 l1/^, a net cost of
Falls), Mont.
1.7172%; Shields & Co. managed
MINNESOTA
Bond Election—At the Novem¬
a. group
which bid 100.025 for ber election the voters will con¬
Breckenridge School District (P. O.
$600,000 43/4S, $100,000 l%s, $1,- sider bond issues as follows: $95,Breckenridge), Minn.
100,000 IV2S and $200,000 HAs, a 000 courthouse and $40,000 hos¬
form
1,. 1944,
the
Kansas
8:15
13
-
:■
made as of June
indenture
$81,000, 3V2%,
bonds, Nos. 156 to 236,
Nov. 1, 1941, due Dec. 1,
Dec,
on
Nov.
on
'
Pursuant
—
until
bids
for the pur¬
Bond Redemption Notice—It is chase of
$70,000 not to exceed 6%
stated by Mary E. Vaccaro, City interest
coupon or registered sew¬
Clerk, that the city has decided er, bonds of 1944. Dated Nov. 1,
to exercise its option to redeem 1944.
Interest M-N.
1972. The bonds will be redeemed
pon
fiscal
Clerk
Call—City
sealed
(EWT)
New Term
Joplin, Mo.
of April 10,
•
$2,000,000 fourth
Joseph series coupon highway refunding
bonds offered Nov. 1—V. -160, p.
E. Coogan calls for payment, on
1788—were awarded to a syndi¬
December 1, 1944, at par plus ac¬
cate composed of Equitable Se¬
crued : interest, : all
outstanding
curities Corp., Estabrook & Co.,
Series A and B refunding bonds,
dated Dec. 1, 1936, maturing Dec. Paine, Webber, Jackson & Curtis,
both of New York, M. A. Saunders
1, 1966. All bonds of said series,
& Co., of Memphis, Graham, Par¬
with Dec. 1, 1944, and all subse¬
sons
& Co., of New, York, J. S.
quent coupons attached, should be
Love Co., of Jackson, J. G. Hick¬
presented at the Detroit Trust Co.,
man
Co., of Vicksburg, Leland
Detroit, on or before date called,
lor payment. Interest ceases on Speed Co., of Jackson, Almsted
Bros., Bankers Bond Co., both of
December 1.
Louisville, Kingsbury & Alvis, of
New Orleans, Baum, Bernheimer
Ontonagon, Mich.
■;vi: Bond Sale—The $15,000 coupon Co., of Kansas City, McDougal &
semi-annual hospital construction Condon,
of Chicago George T.
bonds offered for sale on Oct. 30 Carter, of Meridian, - and T, W.
Woodward Co., of Jackson, on a
r-v. 160, p. 1908 — were awarded
to Crouse, Bennett, Smith & Co., bid of par, a net interest cost of
1.5834%, for the issue as
of Detroit, according to the Vil¬ about
Bond
>
1945, and
in the
MISSISSIPPI
Cov Detroit, for immediate pay¬
principal
ceive
Asbury Park,^N. J.
at par
sas
$21,795.22
Nov.
2—
The
offered
Due Dec. 31, as
offered.
describe the securities
Bond
of
amount
the
to
EE
Series
pre¬
MISSOURI
was
Bank of
-
:
Series E
a
bid
a
dated
-
about 1.192%.
by First National
the
panied by all June 1,
subsequent coupons.
r
Nov. 1, 1944.
Due Aug. 1,
757.09.:-
942.36.
high
Second
made
of
basis
a
of
5%
with
amount, will be made on or after
date called, on surrender of said
bonds in negotiable form, accom¬
The bonds are dated
Denomination $1,000.
to the)amount of"$20,-j
as follows: $5,000 in
/% v:'-'.'-'Y/:'
Y 1946 to 1961, and $6,000 in 1962.
to the amount of $21,Principal and interest payable at
786.79. >■
:
■..
of
mium
,hand in the various; Minneapolis.
on
Sinking Funcls being as follows:
•
..
together
bonds,
—
O'Connor
•
Minn.
-
of
Sale—An issue of $86,000.
Bond
Mich.
\
; 1
Vz % refunding bonds was award¬
City Clerk j ed Oct. 26 to Park-Shaughnessy &
will receive Co. of
Minneapolis, at a price of
Park,
Wanted
Tenders
"
\
•
) '•
gen
County, Hackensack, or at
XlFafyne, Neb.
dated
Bonds Vpted—At an election on The Marine Midland Trust Co.,.,
1, 1941, in denomination of
Oct. 24 the voters approved an New York City.
$1,000, maturing Dec. 1, 1968, re¬
deemable on any interest payment issue of $17,000 airport bonds.
Glen Rock, N.J.
date prior to .maturity are called
Bond Offering—Charles P. Van
NEW JERSEY
by lot for payment on Dec. 1, 1944.
Allen, Borough Clerk, will re¬
Bend
of the Wabeek
within seven days of ferings—The district canceled the
the date of mailing notice of ac¬ Oct. 2 award of $208,000 refunding
bonds to First National Bank-of
ceptance-of tender.
branch
Ferndale
'
'
■
Nov.
Dist. No. 35 (P.
at the
or
•
bonds, aggregating $46,000,
Indepehdent Sch.
O. Buhl), Minn.
Sale Canceled—New Of¬
St. Louis County
City
the
to
at his office,
Treasurer
*
■
.
2013
FINANCIAL CHRONICLE
THE COMMERCIAL &
Number 4331
Volume 160
Several ad¬
received by
were
pital.
;
.
'
\
Egg Harbor City, or its successor
paying agent, the Egg Harbor
shall
which
at the time
be regis¬
tered; should be accompanied by
d u 1 y
executed assignments or
City Trust Co. Any of said bonds
transfer powers in blank.
Interest
which shall at the time be reg¬
istered
shall
be
duly
executed
transfer powers
will
from
accompanied
by
assignments
or
in blank. Interest
payable
and after Dec. 1, 1944.
cease
to accrue or be
Fort Lee, N. J.
Bond Redemption
stated by William S.
Notice—It is
ceases
on
date called.
West
New
York, N. J.
•
Redemption Notice—It is
stated by Charles Swensen, Town
Clerk, that the town has deter¬
mined to redeem on Dec. 1, 1944,
all outstanding General Funding
Bond
bonds
to
the
amount of
$104,000.
Corker, Bor¬
Dated Feb. 1, 1942. Denomination
Pond Election—The issuance of ough Clerk, that pursuant to pro¬
1, as follows:
Natchez, Miss.
vision contained in the bonds, the $1,000. Due Dec.
$125,000 county hospital construc¬
$30,000 in 1961 to 1963, and $14,000
Bond Redemption Notice—It is tion bonds will be submitted to Borough has elected to redeem on
in 1964. Said bonds will be re¬
stated
by Trust
Officer R. N. the voters at the Nov. 7 general Dec. 1, and as a whole, each and
deemed at the principal thereof
all of the bonds designated re¬
Lloyd, Jr., of the Union Planters election, it is said.
and accrued interest at the Town
funding bonds, and dated June 1,
National Bank & Trust Co., Mem¬
Treasurer's office, or at the option
1939, maturing on June 1, 1979,
phis, Tenn., that in accordance
NEBRASKA
of
the
holder
at
the Hudson
and bearing 4% interest, payable
with the provisions of Article II,
J-J.
Said bonds will be redeemed County National Bank in Jersey
Superior, Neb.
Section I, and Article III, Section
the redemption price of the City, on presentation and surrend¬
Plans Bond Issue—The city ex¬ at
X, Sub-section 11, of the trust in¬
er of said bonds. Each bond sur¬
denture securing the bonds, out¬ pects to make an offering of $32,- principal amount thereof and ac¬
rendered must, unless it has been
crued interest to date of redemp¬
standing City of Natchez, Miss., 000 refunding bonds, dated Dec.
converted into a bond registered
tion; at'the Peoples Trust Co. Ber¬
1; 1944. 'f
'
3% ' bridge
revenue
refunding
•
.
.
Toole County
(P. O. Shelby), Mont.
THE COMMERCIAL & FINANCIAL CHRONICLE
2014
both principal and interest,
accompanied by all interest
coupons accruing after Dec. 1,1944.
1955;
$61,000,
be
-
attached to the bonds
106.294
if detached from
be pre¬
sented for payment in the usual
Interest
called.
date
on
ceases
.'.u.
•
Ext. No. 2
(P. O. 2505 Ridge
Rochester), N. Y.
Road West,
14, by Hugh T. Hughes,
Clerk, for the purchase of
Chicago, HI., City of,
District, Refunding, Se¬
Park
bids will
be received until 11 a.m. (EWT),
ries A 4%
Bonds. Dated Sept.
1, 1935 and due Sept. 1, 1955
(optional March 1, 1946.)
Nov.
Town
National Trust
Francisco, 104. 659
$1,550,000
of America National
Bank
of the bonds.
Principal and interest payable at
will
valid
be
binding general obligations of the
Series
'
,
Jan.
upon
4%%
B
dated
000
property in Ex¬
tension No. 2 of Ridge Road Water
District in said Town, but if not
levy
Savings Association, of San
&
Town, payable in the first instance
from a
Trust
1,
Bonds.
'
bonds and interest thereon,
limitation
out
with¬
rate
to
as
or
amount. The bonds are issued pur¬
suant
General
Law,
Municipal
000, 1951; $22,000, 1952; $23,000, 1953; $24,000, 1954; $25,000, 1955 and 1956; $27,000,
1957 and 1958; $28,000, 1959;
as
amended, for the purpose of con-*
structing a water supply system
in the District in said Town, the
1960;
$32,000, 1962.
$30,000,
Tenders
Forsyth
$100,000
.v-
113.887
•
County,
N. C.
:
Bonds.
'
116.28
n
Chicago,
Northern Trust Co., of
121.138
$91,000 Wilmington, N. C., City
of, Water and Sewerage 4%%
due Jan.
1, 1912 and
1, 1952.
Braun, Bos worth &
132.567
Co., Inc.,
$225,000 Canton, Ohio, City School
District, School 5% Bonds
April 8, 1914 and due
Dated
April 8, 1954.
Brown Bros. Harriman & Co
123.404
$250,000 Louisiana, State of, High¬
Dated Jan.
York
New
Mutual
Life
Insurance
Com¬
of New York
pany
$500,000 Board of Administrators
of
the
Charity Hospital of
Louisiana at New Orleans,
Portfolio Bonds Awarded—The
offered on Oct. 31
portfolio 32 lots
State and municipal
above company
various
awarded
various
to
—
and.
bidders
31
1936,
Bonds
Dated Oct. 15, 1936. Due Oct,
15 as follows: $100,000, 1959;
$200,000, 1962; $150,000, 1963;
bonds in the aggregate amount of
$9,030,000—v. 160, p. 1910
Serial
3%%
for sale from its
•of
as
Phelps, Fenn & Co., 112.271
$780, payable to the Town.
The
Bonds.
1, 1937. Due Jan.
follows: $100,000, 1958;
$104,000, 1959; $46,000, 1960.
1,
,
for
Q 3%%
Series
way,
Sykes & Galloway,
City, will be fur¬
nished to the purchaser without
cost.
Enclose a certified check
Vandewater,
of
•
$20,000, 1965; $30,000, 1966.
Kidder, Peabody & Co., 130.541
Washington
Suburban
lots, totaling $8,530,000, rejecting- $100,000
Sanitary District (Maryland),
the bids received on one lot.
The
Series T 4%% Bonds. Dated
following is a list of the purchas¬
bidder
only block not sold, as stated:
the
Salomon Bros.
& Hutzler,
G-2
Series
Bonds. Dated
4%
Sept. 1, 1927. Due as follows:
$25,000 March 1, 1954; $75,000 March 1,1958.
Salomon Bros.
& Hutzler, 121.382
$200,000 California, State of, State
Buildings & State University
Buildings 4%% Bonds. Dated
'
Jan.
1927 and
2,
National City
128.404
$100,000 Alabama, State of, Pub¬
lic Road, Highway & Bridge
■
1979
Lot No. 12, which was
on
due Jan. 2,
1951.
1929 and due July 1,
(optional 1959.)
July 1,
of the several lots and the high
ers
and
Bank of New York,
Associate, 107.66
.
$500,000 Detroit, Michigan, City
of, Refunding, Series F 2%%
Bonds. Dated Jan. 15, 1937.
Due Jan. 15 as follows: $265,000, 1951; $235,000, 1952.
Bank
&
of
America
National Trust
Savings Association, of San
City
1948.
1931,
Bonds. Dated Jan.
due
as
1951 and
1952; $40,000 Jan. 2
1953.
Education
of
the
City
of,
Building 3% Bonds.
Dated Aug. 1, 1934. Due Aug.
School
1,
as
follows: $120,000, 1946;
$130,000, 1947.
Blyth & Co., and Associate,
Mercantile-Commerce
Bank
&
105.721
Trust Co., of St. Louis, 108.342
$200,000 Imperial Irrigation Dis¬
trict (Cal.) Electric Revenue,
Eighth Issue, 3%%
Bonds.
$100,000 East Orange, N. J., City
of, School, Series NN 4V2%
Bonds.
Dated Feb.
1, 1929.
Due $20,000 on Feb. 1, from
Dated
July
Oct.
1,
as
1,
1943, and due
follows:
$55,000,
and due
1921
Corp.,
of
New
York, 107.8119
$325,000 San Antonio, Texas, City
of, Electric and Gas Revenue
2%% Bonds. Dated Aug. 1,
1942. Due Aug. 1, as follows:
1947
1945
jo 1949.
cised its
and interest coupons:
On Dec.
voters
National Bronx Bank, of New
Washington,
State
Obligation
of,
4%%
1933. Dated July 1,
1933 and due
July 1, 1945.
&
of America
A503
to
A533, inclusive,
69,000
Street
Bond
Frank,:
City Auditor, will receive sealed
bids until
Tacoma,
Washington,
City of, Light and Power, Se¬
ries
B,
1941
23/4%
Bonds.
Dated Jan. 1,1942. Due as fol¬
lows:
$50,000
July
1,
1959;
Denomination
M-N.
est
$1,000,"
for
$100. Due Nov. 1, as foi-i
lows: $2,100 in 1946, and $2,000 in*
one
1947
to
1953.
of interest to;
Rate
be in
multiples of % of 1%. Thebonds will be sold to the highest:
bidder
for
than par and'
not less
interest.
Principal
and>
ceedings had relative to the above:
bonds to be approved by Squire,
Sanders & Dempsey, of Cleveland,
will be furnished the successful,,
funding
-
Bonds,
numbered
A534 to A602, inclusive, ma- bidder upon the day of sale. • The
7
turing Jan. 1, 1965.
legal opinion of such transcript to
j
be paid by the sueeesful bidder.*
On Feb. 1, 1945
The blank bonds will be prepared'
$15,000 Water Refunding Bonds, under the direction of the City.'
numbered B76 to B90> incluthe cost of the printing the same
sive, maturing Feb. 1, 1964;
to be paid by the successful bid-,
.
,
•
Refunding Bonds,
C109, inclusive, maturing Feb. 1, 1964. /
Street
19,000
numbered C91 to
from
the
bonds
by
the
holders
ment in the usual course.
No
interest shall
payable
the
on any
above
accrue
der.
stated
dates
Enclose
check
certified
a
for 2% of bid.
■
•
//
...
(State of)
* *' J
Municipal Index Steady—J, A.
Ohio
White'& Co., Cincinnati, reported
on Nov.
1 as follows:
'
7 /
7
Despite
in
business
dull
Ohio
municipals^ the market for suchbonds
for
continues
there' Is
to : hold
apparent
steady,:
strong,;
though perhiaps latent'demand for.
bonds. Our index of the yield on
a
Ohio bonds remains at 1.36%,
unchanged from a week ago. The
indices of yield for 10 high grade,»
and for 10 lower grades bonds alsoare unchanged at 1.19% and 1.53%:
20
respectively.
-
7
7:
,
;
/
,
Orwell, Ohio
Bond Offering—Helen R. Irwin/
Village Clerk, will receive sealed
bids until
noon
Nov. 9 for the
on
purchase of $4,000 2% fire depart-'
or
be
of said bonds after
fixed
for
ment
1,
bonds
of
1944.
Dated
1953.
Bidders
may
bid for
different rate of interest in
$70,000 coupon
street
Oct'
Interest A-O. Denomi~>
$500. Due $500 Oct. 1, 1946
1944.
nation
to
Rocky Mount, N. C.
Bond Sale—The
First Boston Corp., 109.33
Nov. 16 for the/
noon on
purchase of $16,100 not to exceed
3% interest street improvement
bonds.
Dated Dec. 1, 1944. Inter¬
Re-
Improvement
National Trust
$250,000 Seattle, Washington, City
of, Municipal Transportation
System
Refunding Revenue
3%% Bonds/Dated Jan. 1,
1943. Due Jan. 1, as follows:
$50,000 1953 to 1955; $63,000,
1956; $37,000, 1957 (callable
Jan. 1,1945 at 104.)
election,.
ma-
yy turing Jan. 1, 1964;
Savings Association, of San
$725,000
7'';;
(P. 0\
Lorain, Ohio
Offering — Earl
accrued
their redemption:
Bank
%
•
7 On Jan. 1, 1945 '
interest payable at the office of;
$31,000 Street Improvement Re¬ the
Sinking Fund Trustees.
Ai
funding
Bonds,
numbered complete ;transcript .of the
pro-:
/ /
thereof may he presented for pay¬
102.85
the November
at
1, 1944
$10,000 Water and Sewer Refund¬
ing bonds, numbered G101 to
G110,
inclusive,
maturing
July 1, 1963;
1,000 School Refunding Bond,
numbered
H157,
maturing
7 Sept. 1, 1963;
;
3,000 Water Refunding Bonds
numbered E49 to E51, inclu7sive, maturing Dec. 1, 1963;
«13,000 Sewer Refunding Bonds,
numbered F97 to F109, inclu¬
sive, maturing Dec. 1, 1963.
at
General
,*7
«
103%); $50,000, 1962 7
Aug.
1,
1947
at
The holders of said bonds are
103%); $80,000, 1963 (callable called
upon to, surrender them for
Aug. 1, 1947 at 104); $170,000,
redemption on the respective re¬
1964 (callable Aug. 1; 1947 at
demption
dates, at the Irving
104%.)
....X/:o;/;V-V;';v : ; Trust Company, New York, N. Y.,
First Boston Corp., 126.965
the place of payment stated in the
as
to
$200,000 Salt Lake City, Utah, bonds. Bonds registered
City of, Sewer, Series of Dec. principal must be accompanied by
proper, instruments
of
transfer
15, 1931 43/4% Bonds. Dated
Dec. 15, 1931 and due 1951.
duly executed in blank. All bonds
must be accompanied by all cou¬
Glore, Forgan & Co., and
pons for interest accruing after the
Associates, 124.111
dates fixed for redemption. Cou¬
$100,000 Petersburg, Va., City of pons for interest due on the re¬
Permanent Public
Improve¬
demption date of the appurtenant
ment 4%% Bonds. Dated Oct. bonds
may
be attached to the
1, 1912 and due 1952.
bonds for payment, or, if detached
$250,000
7/yy;;: / / 7.;
option to redeem at par
"
Lindsey, Ohio
following
Bond Election—An issue of $8,refunding bonds and all outstand¬ 000
£ire department equipment
ing certificates of indebtedness bonds will be considered by the:
(callable
York,
•7
Green Local School District
and accrued interest the
$25,000, 1961 (callable Aug. 1,
Francisco, 104.503
Stevenson & Co., 105.7797
of, $250,000 St. Louis, Mo., Board of
4%%
2,1931, and
follows: $80,000 Jan. 2,
of
Securities
Bonds of
$150,000 Mississippi, State of, Re¬
funding, Class A 4%% Bonds.
Dated May 1, 1928 and due
Bacon,
Cal.,
Fresno,
Waterworks
Union
Francisco, 113.377
■
$200,000
1,
July 1, 1946.
.
Chase National Bank of New York
123.416
July
99, and due June 1 and Dec. 1,
1946.
77"' /
Greenford), Ohio z
Bond Election
An issue of
High Point, N.C.
Bond Redemption Notice—It is $120,000
school
building bonds
will appear on the ballot at the
announced by Roy S. Braden, City
7
Manager, that the city has exer¬ November general election. r
..
Dated
to
—
Greensboro, N. C., City
of,
Refunding, 4%
Bonds.
Dated Nov. 1, 1936. Due Jan.
1, as follows: $50,000 1950 and
1951; $100,000, 1952.
$200,000
Bonds. Dated Jan.
.
Greensboro, jointly, as l%sr at a ers, • announces call for:payment;
100.22, a basis of about on Dec. 1, 1944, of outstanding
1.209%. Dated Oct. 1, 1944 and due poor relief deficiency bonds dated
$2,500 on Oct. 1 from 1945 to 1954 April 1, 1940, bearing numbers 83
1,
•
accompanying his bid will be re¬
approving opinion of
to
price of
follows:
-
period of probable usefulness of
v
106.7259
which is 30 years.
In the event
Ryan,. Sutherland & Co., 112.36
$80,000 Columbus, Ohio, City of,
that prior to the delivery of the
$170,000 Covington, Ky„ City of,
G r a d e Crossing Elimination
bonds the income received by pri¬
Water Works Revenue 3%%
Fund
No.
6
4%%
Bonds.
vate holders from bonds .of the
Bonds.
Dated Nov. 1, 1935.
Dated Feb. 1, 1927 and due
same type and character shall be
Due Nov. 1 as follows: $10,000,
$20,000 on Feb. 1 from 1945 to
taxable by the terms of any Fed¬
1945; $20,000, 1946 to 1951, in¬
/ 1948.
•' v/
eral income tax law, the success¬
clusive; $10,000, 1952; $20,000,
National Bronx Bank, of New
ful bidder may, at his election,
1953; $10,000, 1954.
be relieved of his obligations un¬
York, 108.50
Chemical Bank & Trust Co., of
der the contract to purchase the
$150,000 Tulsa, Okla., City of, Va¬
New York, and Associate
rious Purposes 5%% Bonds.
bonds and in such case the deposit
turned. The
1956
A.
Wanted—E.
Dated
1928. Due Dec. 1, as incl. Second high bid of 100.012
$15,000 1945 to 1950; for $15,000 l3As and $10,000 Is
was made by
Fox, Reusch & Co.
$10,000, 1951..
of Cincinnati. ;
/. - -■ ,/
Chase National Bank of New York
4%%
School
Dec.
1961;
$31,000,
:
'
Chase National Bank of New York
$315,000 Rock Island, 111., City of,
Sewerage Revenue 3%%
Bonds. Dated April
1, 1938.
Due April 1 as follows: $21,-
and the
the Town. Law
to
105.6829
N.C.
.
;•
$150,-
paid from such levy, all the tax¬
real
property
within the John Nuveen & Co., and Associate
Town will be subject to the levy
117.2165
of ad valorem taxes to pay said
from
1, 1944. Interest A-O.
April
/ Bond Sale—The $25,000 coupon
1,1937. Due Feb. 1, as follows: school bonds offered Oct. 31— Belmont County (P. O. St. Claim7
$36,000,
1970; $40,000,
1971 v. 160, p. 1910—were awarded to
ville), /Ohio
/
1
and 1972; $40,000, 1974; $30,- Kirchofer
& Arnold of Raleigh, v- Bond CalL-E., E. Taylor, Clerk
and McD.aniel/ Lewis & Co., of of Board of County Commission-'
000, 1976; $24,000, 1977.
1, 1935, due
(optional 1948);
able
Oct.
Due
—
(optional Jan. 1,
1, 1955
1950.)
Dated
County (P. O. Murphy),
1, as follows: $7,000
1960 inclusive; $8,Wood, 000 from 1961 to 1964 inclusive
Chairman Board of County Com¬
$99,000 Buffalo,* N. Y., City of,
and $3,000 in 1965. Principal and
General Improvement, Water missioners, announces that tenders
interest payable at Provident Sav¬
will be opened at 10 A.M. on Nov.,
Supply 5% Bonds. Dated Feb.
ings Bank & Trust Co.; Cincinnati'./
15, 1932. Due $33,000 Feb. 15, 15; -of general: refunding
and
Bath Rural School District, Ohio \
1945 to 1947 inclusive.
school funding bonds, dated July
7
:
Bond Election
An issue of
1,1940.,
; yv,;::'/' / /
Kidder, Peabody & Co., and
$125,000
school
building
bonds
Associate, 127.27' '
Hertford County (P. Q. Winton),
will be considered by the voters
$210,000 Charlotte, N. C., City of, lr.
N.C.
-• at the November
general election;.
Water 3% Bonds.' Dated Aug.
■'
$25,000 dated Jan. 1, 1935, due
Jan.
Ohio
—
Guaranty Trust Co., of New York
Feb.
1955
Amherst,
1961; $150,000 July 1, 1961;
Bonds
Authorized
Village
$150,000 Jan. 1, 1962.
(All Council has
passed an ordinance
bonds optional Jan. 1, 1953.)
approving an issue of $70,000 3%%
electric
plant
revenue
bonds.
NORTH CAROLINA
Bonds.
Cherokee
exchange.
York
New
with
National
Francisco, 112.355
Co., Rochester,
Said $175,000
Chicago, 111., Sanitary
District of, Refunding of 1935,
and legally
Trust
Union
the
bonds
America
of
Bank
43/4%
1961.
Trust
$39,000 coupon or registered water
& Savings Association, of San
supply system bonds. Interest rate
Francisco, 109.272
is not to exceed 5%, payable A-O;
Chicago, 111., Sanitary
Denominations $1,000 and $500. $165,000
District of, Refunding of 1935,
Dated Oct 1, 1944. Due on April 1
Series B 4 % % Bonds. Dated
as
follows: $1,500
in 1945 and
Various. Due Jan. 1, 1955 (op¬
1946, and $2,000 in 1947 to 1964.
tional $15,000 1946; $50,000,
Rate of interest to be in multiples
1947; $100,000 1948.)
of % or l/10th of1 1%, and must
be the same for all
1930
1, 1930. Due Nov.
1, as follows: $20,000, 1958 and
1959; $45,000, I960;. $15,000,
•
Savings Association, of San
&
Bond Offering—Sealed
on
of America
Bank
NEW YORK
Greece, Ridge Road Water District,
of
Dated Nov.
$1,000,000 Chicago, 111., City of,
Judgment 3% Bonds. Dated
Dec. 1, 1936 and due Jan. 1,
1956 (optional Jan. 1, as fol¬
lows: $600,000, 1947; $400,000
1949.)
the bonds by holders, may
July
$100,000 Irvington, N. J., Town of,
School
OHIO
$125,000 Jan. 1, 1960; $125,000
1, 1960; $125,000 Jan. 1,
Associate, 135.14
Chase National Bank of New York
for payment or,
course.
Spencer Trask & Co., and
$28,000,
$21,000,
1959.
Coupons for interest due on that
date may be
1956;
1958;
$35,000,
1957;
to
as
Monday, November 6, 1944
a
mul¬
a
tiple of % of 1%. The bonds will'be sold to the highest bidder for
not less than par and accrued in¬
improvement bonds offered
v.
160, p. 1910 — were terest.
Ertclbse a certified check:
to Fox, Reusch & Co., for
$100,. payable to the Village. Cincinnati, at a price of 100.0111,
Solon, Ohio
>,
a
net
interest
cost
of
about
Oct.- 31
—
awarded
1.212%, for the issue as follows:
$20,000 314s, due $5,000 on Oct. 1
from 1945 to
1948 incl.
Tenders
Wanted—W.
F.
Robi-
shaw, Village Clerk, will receive
sealed tenders until noon
20
of
bonds
dated
on
Nov.
July 1, 1938,
50,000 Is, due $5,000 on Oct. 1, and due July 1, 1963. Tenders to
from 1949 to 1958 incl.
state
number
of
bonds
being
for sale,
All of the bonds will be dated offered
the price re^;
Oct. 1, 1944. Second high bid quested and also specify whether
of 100.075 for $70,000 lV4s was the price includes accrued interestmade by
Kirchofer & Arnold, to date of delivery.
Rural School District,
Waterloo
Ohio
Bond Election—An issue of
considered-
$25,-
will
bonds
construction
000
the voters
November election,
by
at
be
the
nection with the call for bids, un¬
til Nov. 9
000
3%
on
an
offering of $656,-
refunding bonds,
which
appeared
in
coupon
of
details
-
160, p. 1911—reference is made
the fact that the village is ask¬
v.
to
callable as well as
bids
for
ing
non-callable bonds.
OKLAHOMA.
;
■
Stilwell),
County (P. O.
Okla.
Adair
.
Approved-—The Attorney
General, has approved a $10,000
issue of refunding bonds, accord¬
Bonds
*
ing to report.
Lawton,
Okla.
Bond Sale Details—The
$100,000
airport site bonds purchased re¬
cently by Security Bank & Trust
Co.. of. Lawton, .at a net..interest
cost of about 0,95%, as previously
,
by the Department of Internal Af¬
fairs. Enclose a certified check for
Co., Martin, Burns & Corbett, both
of Chicago, A, D. Wakeman & Co.,
Daugherty, Cole & Co., and Holt,
Robbins & Co., all of Portland,
paying a price of 100.4078, a net
cost
interest
Nov.
in
15
about
divided
bonds
as
of
1.30%,
on
follows:
as
$230,000 on
1947 .to 1949; $1,150,3s,
due
lsy due $230,000 from Nov.
1950 to 1954; the remaining
000-
as
15,
l!4s, due on Nov; 15
—$230,000 in 1955 to 1958, and
$240,000 in 1959.
$1,160,000
as
follows:
Harriman Ripley & Co., Inc., Blyth
& Co.,.First Boston Corp.,. Smith,
Barney. Co., R*. W. Pressprich &
Co., Paine, Webber, Jackson &
Curtis, Eastman, Dillon & Co.,
First of Michigan Corp., Laurence
M. Marks & Co., Weeden & Co.,
Milwaukee Co., Whiting, Weeks &
Stubbs,. Atkinson-Jones, & -Co.,
First Security Trust Co., Salt Lake
City, Hemphill, Fenton & Camp¬
bell,. Drumheller, Ehrlichman-Co.,
Ferris & Hardgrove, and Chas. N.
Tripp Co., jointly, for .$690,000,
3s, $920,000.. Is, and - $1,390,000,
Other bids reported
114s at
'99.933.
these bonds when sold and deliv¬
the
face
amount
of
the
rate
of
ered pursuant
to the aforesaid
legislation, will constitute legal
and
binding obligations of the
interest,
rate
amount.
balance
-
limitation
as
to
Jan. 1,
as
/,/ //Z^///
As
naming the same
terest to the date of delivery.
between bidders
the amount of
will
determine
the
bonds,
payable to the District premium
award. The delivery of the bonds
Treasurer.
will be accompanied by the fa¬
Philadelphia, Pa.
vorable opinion of Huger Sinkler,
of
Bom! Redemption Notice—It is
Charleston, which will state
stated
by
William
W.
Felton, that the bonds are general obliga¬
Clerk of Council, that the follow¬
tions of the City, and that for
ing city bonds are being called for their payment the City is re¬
payment on Jan. 1,1945:
quired to levy a tax upon all tax¬
$485,000, being the outstanding able property therein, without
of
2%
.
the
Bond Offering Details.—In con¬
<
:
$690,000
Ohio
Wickliffe,
2015
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4331
Volume 160
Bids shall
be
conditioned
of $3,000,000,
dated
1925.
902,300; being the outstanding
balance of $3,000,000, dated
Jan. 1, 1925.
795,200, being the outstanding
balance of $5,0O0',QOO,
dated
Jan. 1, 1925.. .-—v
,v_
>•
-
Due
able
at the
date.
on
at
or
on
this
with
all'
unmatured
Bids
Rejected
The
—
$100,000
Vi % semi-annual' permanent im¬
provement, 1944, bonds offered on
Oct. 30—v. 160, p. 1680—were not
tion
sold
Philadelphia National
Bank, fiscal agent of the city.
Bonds registered as to principal
alone as to both principal and in¬
terest, must be accompanied by
appropriate instruments of assign¬
the following
as
bids
by
&
Bank
National
of
furnished by the
be
Delivery
Education.
will be made in Memphis, in
New
New
the
at
equivalent
the
or
option of the pur¬
of delivery shall
of
Place
Payments'
New
designated in bids.
shall be made in Memphis or
attached must be pre¬
sented for payment and redemp¬
the
will
Board
chaser.
Knoxville, Tenn.
1
attested
bonds
Co., of Memphis, and a full
transcript of the proceedings of
the Board of Education in passing
the resolutions and selling these
York,
from
years
of
Planters
Trust
be
coupons
to
Union
York
TENNESSEE
with,
together
City,
sale, certificates of genuineness of
signature
check for
$2,500.
the
of
be
general obliga¬
a
treasurer's receipt for proceeds of
bonds,
1, 1975, redeem¬
and accrued interest
expiration of 20,
Bonds
tion
will
and
Education
constitute
The purchaser will be
to pay for the printing
of the bonds. Enclose a certified
opinion.
required
Jan.
par
of
Board
and
were re¬
jected: Leftwich & Ross, offering
100 69, and' the Cumberland Se¬
curities Corp. of Nashville, bid¬
York
Enclose
funds.
check
for
Board
certified
&
of Education.
Bond
$5,000,
payable
Redemption
to
the
Notice—The
city, acting through its Board of
Light, Gas and Water Commis¬
sioners, is calling for payment on
Dec. 1, 1944, electric plant general
liability serial bonds, Series A, ag¬
gregating, $1,383,000, maturing
June
1, as follows: $188,000 in
1961, $435,000 in 1962, $371,000 in
1963, and $389,000 in 1964.
Said
ding 100.63V It is stated by George
Halsey, Stuart & Co., Blair &
R. Dempster, City Manager, that
Co., Inc., Kidder, Peabody & Co.,
noted in v. 160, p. 1911,. were sold Equitable Securities Corp.; Horn- ments executed in blank. Interest the Sinking Fund will purchase
ceases on date called.
the bonds. Dated June 1, 1944. Due
jat 100,032. as follows: $12,000 0.50s, blower & Weeks, R. SI Dickson &
on June 1, 1945..
due in 194T; $12,000 0.75s, due in Co., G. H. Walker & Co., Stroud
bonds will be redeemed
at the
Springfield Township School Dist.
1948' and $76,000 Is, due $12,000 & Co., Mullaney, Ross & Co., Cen¬
Memphis, Tenn.
(P. O. Chestnut Hill, Phila¬
price of 103% of the principal"
tral Republic". Co., Chicago,. North¬
from 1949 to 1954 inclusive.
Bond Offering
delphia)* Pa.
O. E. Jones, amount thereof, together with, all
western National Bank, Minneap¬
accrued
and
unpaid
If is reported Secretary of the Board of Educa¬ interest
olis, First National Bank,, Minne¬ ■t Band Election
Sapulpa, Okla. /
,
- ;
,
Bank, St. that a $300,000 improvement bond tion, will receive sealed bids until thereon to Dec. 1, 1944. The bonds
:
Plans- Bond ELeetion—An elec¬ apolis,,'First, National
issue is- to be placed on the ballot 2. p..m. (CWT) on Nov. 14 for the called are part of an issue of $11,tion will be called on the question Paul, First. National Bank, Mem¬
Miller,
Kenower
&
Co., at the November election, in con¬ purchase of $500,000 school bonds. 750,000 approved in. an ordinance
of issuing $150,000 water system phis,
Dated Oct. 15, 1944. Denomination passed on June 6, 1939. Payable at
Fordyce & Co.* and William: P. nection with a post-war project
bonds.
"V ■
:
$1,000. Due $25,000 Oct.. 15, 1945 the Chemical Bank & Trust Co.,
Harper & Son & Co., jointly, for
Worthington School District, Pa.
New
to 1964". The bonds will bear in¬
York, or at the National
$3,000,000 l.y4s at 98,2897.
- ;
OREGON
'
Bond Election
An issue of terest at the rate which shall be Bank of Commerce, Memphis, or
$10,000* school: site and building fixed at a figure which shall be a at the City Comptroller's office,
PENNSYLVANIA
Newport, Orebonds- will be considered by the multiple of one-tenth or 14 of 1%, on presentation and surrender of
Bond Offering—Lea C. Brayton,
Carbon County, County Institution voters at the November election;
and no
higher rate of interest said bond's accompanied by all ap¬
City Recorder, will receive sealed
Dist. (P. O. Mauch Chunk}, Pa.
Shall be used than is required to purtenant coupons maturing after
bids until 8; p. m. on Nov. 6 for the
Bond Offering—Sealed bids will
Dec. 1, 1944. Al^ registered bonds
procure sale at par plus accrued
RHODE ISLAND
purchase of $90,000 not to exceed be received until 10 a.m. on Nov.
interest to date of delivery. - The called should be accompanied by
2 V4 % interest coupon series A re24, by Jay L. Dreisbach, Chief i Jamestown Bridge Commission
rate of interest which they shall duly
executed
instruments
of
fundi n g
improvement
bonds. Clerk of the
County Commission¬
bear shall be determined by the assignment in blank. Interest cou¬
J P.. O. Providence )r R. I„
Dated Jan. 1, 1945.
Interest J-J.
ers, for the purchase of $110,000
Bond* Call,—It is stated by Trust Board of Education by resolution pons maturing Dec. 1, 1944, ap¬
•Denomination $1,000,
.Due Jan.
1, iy4| IVz, 1%/2, 214, or 2Vz% Officer* ;E. L.
Anderson, of the at the time of making sale of said purtenant to the bonds called,
1, as follows: $7,000 in 1946 to
coupon general obligation bonds.
Rhode Island Hospital Trust Co., bonds,, and all said bonds shall will be paid in the usual manner.
1951, and $8,008 in 1952 to 1957. Denomination
$1,000. Dated Dec.
Interest ceases on date called.
The City reserves the right to re¬
Trustee, that all of the outstand¬ bear the same rate of interest.
1, 1944, Interest payable J-D. Due
deem in. numerical order at par
ing 4% bridge revenue bonds of These bonds shall not be sold for
$10,000- from Dec. I, 1945 to 1955
the, above Commission, Nos. 1 to less than par and accrued interest
TEXAS
.value and accrued interest on Jam
inclusive.
•
' '/'/.■/':
1,808, to the amount of $1,808,000, to date of delivery, free* from all
1,1950, and upon any interest pay¬
Bids will be received for the are called for
Cameron
County
Water Control
payment on Dec. 1, commissions and brokerage. Au¬
ing date thereafter, any or all of
and Improvement Dist. No* 19
entire issue at any of the above 1944. Dated Dec.
1, 1938. Denomi¬ thorized in pursuance of Chapter
said bond's maturing in the years
rates of interest, but no bid com¬
(P. O. Harlingen), Texas
nation $.1,000. Due Dec. 1, 1968. 118 of the; Private Acts of the Ten¬
1951 to. 1957.
Principal and inter¬
bining two different rates of in¬ / The above bonds are called in nessee General Assembly in the
Bonds. Voted—It is stated by the
est payable at the City Treasurer's
terest wilf be accepted'. Registered
accordance with the provisions of year 1937.
office.
The principal' of and in¬
Principal and inter¬ District Secretary that at the .elec¬
.
.
,
,
—
j
■
-
the bonds will be pay¬
ad valorem taxes of
said City without limitation as to
rate or amount upon all the real
land personal property within the
limits of said City so taxable for
its purposes.
The bonds will be
terest upon
able
from
awarded to the bidder offering to
City the lowest net interest
upon the issue, premium of¬
fered; if any, considered, and will
be delivered' complete, at the ex¬
ithe
cost
of the City at such. City in
Oregon as the successful bidder for
pense-
Each bid¬
state in his bid
the bonds shall name.
is asked ,to
der
the total net bond interest cost to
the City
under his bid, if accepted,
of the bonds; are
called prior to the ultimate ma¬
turity dates thereof. The City, will
furnish the approving opinion of
Teal, Winfree, McCulloch, Shuler
& Kelley, of Portland.
Each bid
provided
none
must be unconditional.
.
Portland, Ore.
r
Bond Sale—Tire $2,000,000
annual
ment
Oct.
semi¬
harbor facilities develop¬
awarded to
of
offered
bonds
30»—V.
the
a
for
sale
on
160, p.
1574—were
syndicate composed
Harris
Trust
&
Savings
Bank,, of Chicago, Chase National
Bank, of New York, Northern
Trust Co., of Chicago, Bankers
Trust, Co., -National City Bank,
both of New York, First National
Bank, of Chicago, Lazard Freres
& Co., Salomon Bros. & Hutzler,
of
New
York, Mercantile-Com¬
merce Bank
& Trust Co., of St.
Bosworth & Co.,
Inc., Coffin & Burr, L. F. Rotlischild & Co., Geo. B. Gibbons &
Louis,
Braun,
Co.; Inc., all of New York, A. G.
Becker
&
& Sons,
both of New York, Illinois
Co., of Chicago, Han¬
nahs, Ballin & Lee, Harvey Fisk
as
The bonds
principal only/
to
the
and
interest
will be
thereon
payable without deduction for any
tax or taxes, except succession or
inheritance taxes, now or here¬
after levied or assessed thereon
present or future law
of
the
Commonwealth,
aE\ of
which taxes the Institution Dis¬
under
any
,
trict
.
assumes
and agrees to pay.
bond's: will
The
be
responsible
highest
sold
the
to
bidder,.: pro¬
vided such bid- is not less than par
accrued interest. The highest
and
responsible bidder shall be the
one
who, having complied with
the conditions of sale, offers to
take the whole amount of the is¬
.
sue
at the
lowest Interest cost to
payable at the Chemical Bank
Article ir of the Trust Indenture
est
securing said bonds, ahd pursuant
to* a, resolution of the Jamestown
& Trust
Bridge Commission.
Payment
amount
of
of
Trust
the p r i n c i p a 1
bonds, together
said
premium of 4%, of such
principal amount, will be made on
or after Dec.
1, 1944, on surrend¬
er
of the. bonds
in negotiable
with
a
form, accompanied by all June 1,
1945; and1, subsequent coupons, at
the Marine, Midland Trust
Co.,
New York
City/Coupons maturing
Dee.
1", 1944 and prior will be paid
presentation and surrender of
such coupons.
Interest ceases on
on
date
Planters National Bank
Union
called.
may
Co.,
of
SOUTH CAROLINA
SpartanburgS. C.
.
Bond Offering—It is stated by
thereof, the amount of pre¬
I.
T.
Williams, City Clerk and
mium offered, if any, over and
that he will receive
above the face amount of the is¬ Treasurer,
sealed bids until 5 p.m. (EWT), on
sue. These obligations will be pay¬
able from ad valorem taxes.
The Nov. 10, for the purchase of. $190,000 coupon refunding street im¬
enactment, at any time prior to
life
the
&
000-
not
nual
semi-an¬
4%
exceed
to
improvement bonds.
principal Corpus Christi Indep. School Dist.
Secretary
of
the
said
(P. O. Corpus Christi), Texas
Maturity
—-
It is
now
■
reported "
that, the $142,000 1 Vz % semi-an¬
Board, and such registration shall nual* refunding bonds sold to Panbe noted on the bonds after which coast,
Dewar & Robertson, and
Russ. & Co., both of San Antonio,'
no valid transfer thereof shall be
jointly, as noted here, are due on
made, except upon said books and
July 15 as follows: $24,000 in 1945,
similarly noted on the bonds, but $31,000 in 1946, $32,000, 1947; $29,the same may be discharged from 000* in 1948, and $26,000 in 1949.
registration by registered' transfer
shall be
District, which shall be deter¬
mined by deducting from the total
amount of, interest to be paid on
account of such bonds during the
Oct. 7 the voters ap¬
on
The bonds
be registered as to
to bearer,
the
Memphis.
by the holder in his name on
books
tion held
Co., New York, or at the proved the issuance of the $134,-
after which said bonds
transferable by delivery,
but the same may
tered
as
shall not
of
the
be again regis¬
before. Such registration
affect
coupons
tinue to pass
the negotiability
Verde
Sold
—
It
is
stated
by
City Secretary,
that $50,000 paving and drainage
bonds approved by the voters- on
Sept
Andrews,
30,
have been- sold as 2s,
Dated Oct. 10y 1944.
2:14s and 2%.
which shall con¬
by delivery.
request of the holder*,
will be
Dayton, Texas
Bonds
At the Hidalgo County (P. O. Edinburg),
said bonds
registered as. to both prin¬
Texas
Bonds
Sold—It
is reported that
2l/z % semi-annual per¬
the delivery of the bonds of Fed¬ provement bonds. Dated Nov* 1, cipal and interest and the cou¬ manent improvement bonds, were
1944.
Denomination $1,000.
Due
eral legislation which in terms, by
purchased recently by the Ran¬
pons
annexed thereto, detached
som-Davidson Co. of San Antonio.
the repeal or omission of exemp¬ Nov. 1, as follows: $10,000 in 1952
and cancelled, and. thereafter both
Dated Oct. 15, 1944. Legality ap¬
tions ' or otherwise,, subjects- to a to 1956, and $20,000 in 1957 to
1963. Bonds maturing subsequent principal and interest will be pay¬
Federal income tax the interest
proved by John D. MeCall of Dal¬
on
bonds " of a'class or character to Nov. 1, 1956, are callable on able to the registered holder. In¬ las.
which includes these bonds, will, any interest payment date on or terest upon any bonds registered
Houston, Texas
,
1, 1957, at par,, plus
at the election of the purchaser, after: May
as
to both principal and interest
Bonds Offered for Investment—
accrued interest to the date fixed
relieve
■
the-
purchaser
from
-
his
redemption. Registerable as to shall- be paid by draft or check
principal only. Principal and in¬ upon a bank at a place designated
terest
payable at the Chemical in the
purchaser to the return of the
original bonds as a place of
amount
deposited with the bid. Bank &Trust Co., New York City.
In the preparation and
Bidders are invited to name the payment.
These bonds are issued subject to
sale of these bonds the legal steps
the Tavorable opinion of Town- rate or rates of interest which the
send, Elliott & Munson, of Phila¬ bonds are to- bear, and they will have been taken under the direc¬
be awarded to the bidder offering
delphia, and will be delivered to
tion of Wood, Hoffman, King &
the purchaser only if and after the to take therm at the lowest inter¬
Dawson, of New York. Their full
est cost to the City, at a price of
proceedings authorizing the issu¬
and final approving opinion that
not less than par and accrued in¬
ance thereof have been approved
obligations under the terms of the
contract of sale and entitle the
for
$650,000
successful
The
group
headed by
Halsey, Stuart 8c Co., Inc.,,offered
on Oct. 30* for public subscription,
the
lien
$14,000,000 4Y4 % and 2% prior
water revenue
bonds, due
serially
1969.
October
1,
The offering
1947
through
consists of $2,-
344,000 of 4V4% Bonds, due 1947
through
1951,
priced to yield
0.90% to 1.50%, according to ma¬
turity,
and
$11,656,000
of
2%
THE COMMERCIAL & FINANCIAL CHRONICLE
2016
Bonds, due 1952 through 1969, at
prices to yield 1.50% to 2.25%.
X
'
maturing 1947 through
non-callable, tout bonds
of later maturities are callable, in
inverse numerical order, on and
after October 1, 1951, at par and
accrued interest, plus a premium
of 2 V2 % if redeemed on or before
Bonds
1951
-1%%
fore
electric
bonds.
1953;
1,
premium of
a
and
thereafter
on
or
•.
Bond
Legality Approved
$50,000 issue of 1 lk % and
refunding bonds is said to
been
approved
as
A
1V2 %
Rising Star, Texas
—
It is reported
Bonds Called
that
Stuart
par, at the Central Hanover
Bank & Trust Co., New York City,
and Associates
ap¬
tax
dozen states
showed
revenue
at
peared in V. 160, p. 1911.)
Local Housing Authority
Awarded—Seventeen
■
,
,
cm
*1
'A.
_
_
Notes
The
Chemical Bank
and
-
-
-
-
&
-Gibbons
Co., Incorporated; G.
H. Walker &
Co.; Garrett and
Company, Inc.; Louis B. Henry
Investments; Stroud & Company,
Incorporated; Newburger & Hano;
The
Ranson-Davidson
,
-
.
larger than that of the preceding
year,
which amounted to only
2.4%,
including
payroll
taxes.
Nevertheless, the rate of increase
lags behind the 1942 rate of 13.4%.
The increase of
Company,
1944
over
1943
ik Co,
Co. and R. H.
Goodwin
Revenues from corporation and
their powerful upward trend with
increases of 26 and 15%, compared
with 25 and 18% during the pre¬
ceding
the
'
Bond
Election
Confirmation—
City Comptroller W. H. Maunsell
reports that the $26,250,000 bonds
to be placed on the ballot at the
November election — V. 160, p.
1791—consist of the following;
Permanent
__$5,000*000
Paving
Storm Sewer
7,275,000
Sanitary Sewer Disposal 7,100,000
Opening and Widening
: Streets
I.
•
150,000
Bituminous
Surfacing
Streets.
900,000
Flood Control
600,000
Garbage Incinerator
100,000
__ _
_
_________
and
Coliseum
Annex Imp.
_________
Coliseum
Library System Imp.
___
250,000
150,000
550,000
Police
______
750,000
__________
325,000
Civic Center and
Exposi¬
tion Grounds
Parks
and
1,300,000
Recreation
1,800,000
Imp
Almost one-third of
reported corpora¬
was
collected,
taxes
General
Election—
three
States
and
sev¬
eral hundred local units
through¬
scheduled to
pass upon at
General sales and gross
~
30,000,000
\
26,250,000
22,300,000
receipts
22,000,000
16,000,000
to 7.5% as
year.
,
On the other hand, revenues
from motor fuel taxes, which had
shown a downward trend since
the
spring of 1942, declined much
more slowly than during the pre¬
vious year.
Eight states are re¬
ported to have collected higher
amounts from the motor fuel tax
in
1944 than
in 1943. '
Surprisingly, motor vehicle onerators' licenses yielded $3,000,000 more than during the previous
While tobacco tax revenues
by $17,000,000, liquor
increased
000.
by $13,000,-
The slow downward trend in
property tax yields continued.
The sharpest increase In tax col¬
lections in any state during fiscal
1944
32.1% — is reported for
Flordia,
■'
compared with 6% last
being
accounted, for
by
highet gas tax revenues, the new
cigarette tax and a, six-fold jpT,
.
.
crease in revenue from pari muBond Election
It is stated
by^uaj j^ting. Washington, WisPorter Briggs, City Secretary, that
consin, New Jersey, New York,
an election will be held on Nov, ' California and Louisiana also are
Lampasas, Texas
*
taxes also increased, markedly. In
this group the increase amounted
tax revenues declined
Administration
Building
Airport Imp.
income
U
payment of 40 %
i
\
above
of the claim in
at the contract rate to the date of
maturity
and
tract rate
or
the lower
of con¬
4% % for the balance
of the
period to Oct; 1, 1944 if the
debehtqre* matured prior, to that
date
at the contract rate if the
or-
.yebepture;':;,ihattires''-,-6n,;7':or--.;,after
Oct. i; 1944;
L
v; All'outstanding 'debentures/will
be replaced by new' callable de¬
bentures to;be dated Oct, 1, 1944,
and to -mature; serially in the 35.
o n
High Sch. Dist., Con-
14,000,000
1945 ' tp'' 1979; so that each
present.; debenture is exchanged;
for
newdebenture of the same
a
.
(City
Francisco,
Cal.
and
County),
Various.
principal amount; The new deben¬
500,000 Port
of Bellingham, tures' are416\. be" "callable', at
any "1
Wash,, Wafer Front time oh-30 days'-notice at par plus
f-Development.
'\y.y ■ hcerued interest to the' call' date
arid
are
callable in order of
-
turity if called in part..
New
Dublin, Va,
Bond Offering—Sealed bids will
received until 8 p.m. (EWT),
on
v
to
debentures
.
ma¬
•
be
ex¬
.
4 %,
Nov. 21, by William M. Ander¬
Town Clerk, for the purchase
$40,000 2%%. coupon or regis¬
sewer system bonds. Inter¬
est payable J-J.
Dated Jan. 1,
1944. Due Jan. 1, as follows: $1,000
in 1945 to 1950, and $2,000 in 1951
to 1967.. All of said bonds to be
sold at hot less than par and to be
subject to call on and after Jan. 1,
1959, in ^mounts of $1,000 or any
multiple thereof, at any interest
date; The bonds to be numbered
,
changed for; outstanding 4% de¬
bentures are." to bear interest at
be
All
•
other
•
new
debentures
will bear/present rates of interest
son,
to
of
thereafter- 4V2 %:
tered'
ment of such interest will be made
consecutively from
be called
present dates ot maturity and
■
The first pay¬
the day in 1945 corresponding
to the date of maturity of the par¬
on
ticular outstanding debenture and
thereafter. will
be
paid annually
such date.
on
I
•
Hawkesbury defaulted on pay¬
ment
debenture principal
of its deben¬
ture interest due Dec, 10, 1932. Its
,of
its
due Oct, 1, 1932 and
one up
in order of their serial
be
&
eral bidders in proportion to
12,360,000 North
Dakota,
High¬
way Revenue Antici¬
pation Certificates.
9,000,000 Hamilton
Co.,
Ohio,
Various.
Bond Election—The issuance of
bonds
voters
for
uled
be
will
at
Dec.
an
submitted
Pert
Co.,
Bond
5,980,000 Akron,
Ohio,
S c h.
Dist., Construction.
4,550,000 Long; Beach,
Cel.,
Bridge
and Storm
tem.
the
-
wisconsin
111., Electric
Lighting Sys¬
$90,000
•
Oct.
of
for
such
loans
ap¬
and
them part of the way.
revenue
bonds
17 to Harley,
Madison,
as
alabama
gbeat
southern
railroad. company
New
dividend
Stock
York,
of
qf
.
Bonds Sold-^-An issue of
water
District
N. -Y;,. November 3, 19' 1, $4.50 t>er-share on the Pre¬
The Alabama Great Southern,
Railroad Company.. has. beeui declared payable
December 20,- 1944, to stockholders of record at
the e'ese of business November 14, 1944.
,
A dividend of $4.50-per share on tire Ordi¬
nary Stock has b^en, declared payable December
20, 1944. to stockholders of record at the close
cf business November 14. 1944.
c. e.' a, McCarthy,
Vice-President and Secretary.
A
ferred
3,000,000 Chicago,
12
DIVIDEND NOTICE
proposal
Chilton, Wis.
Street
process
$400,000. port bonds,
Drains.
Sewer Imp.
all
Planning Commission is
■
3,500,000 Tacoma, Wash!, Street
of
loap*'associations-to take
and
Van¬
on
;set-up, attended by
The meeting, he said, re¬
the^ facilities of savings
plications
said to have endorsed a
to issue
loan
Presidents
Banks.
Contemplated—
Issuance
The City
of the
Washington conference
GI
the
2, according to-re¬
couver), Wash.
Mich.,
City-County Building.
a
the
viewed
tion.
and
from
to
election sched¬
Vancouver (P. O.
of
mobilizing their per¬
This is reported ,by
district bank, following his return
$289,000 Junior College Construc¬
tion
are
now,
Gardner, President
R.
A.
port...;
7,500,000 Houston,
Tex.,
Ind.
Sch. Dist.,
Construc¬
7,000,000 Wayne
sonnel
Chehalis), Wash.
the
Help Veterans In
Chicaeo
Centralia School District (P. O.
/
■
.
,
To
13,'250,000 San
\
years'
struction.'v.'/.
500,000 B e a v e r Falls, Pa.,
Post-War Projects.
■
the
cash/The claim is to be calculated
Cal.,
n
of
prorated to the sev¬
their
O re go n,
Veterans' respective bids; and that a forfeit
Benefit.
equal to 5% of the amount of
Houston, Tex.; Post¬ bonds allotted to any bidder be
deposited with the Town Treas¬
war Projects.
urer within five days prior to the
Baltimore, Md., Public
Helping, Illinois and Wisconsin
issue date of the bonds, and the
Improvement.
veterans who wish to use their
balance of the amount bid, with
Harris
Co.,
Tex., interest discounted from Jan. 1; home loan privileges under the
GI Bill of Rights and taking .much
County & Navigation.
1944, to be paid to the Town
of the load of handling the appli¬
Cincinnati, Ohio; Va- Treasurer within five days after
cants off the Government, is the
rious.
notice of demand.
r
dual objective for which member
Cincinnati, Ohio, Sch.
savings and loan associations of
Dist., Various.
washington
the Federal Home Loan Bank of
z.
Diego. Co.,
Sweetwater
bonds
provides, for. the settlement of in¬
terest arrears to dct." 1; 1944 by
,
'
of
bonds to
at
of
by the state of New York. "
year.
and Wei-.
Public Health
year.;:
separately
tion
holders
town. We understand that the plan
$30,000,000 California,
Veterans'
;■ Benefit. ''■*.
'
Vote
Scheduled
1942 rate of 13.4%.
individual income taxes continued
has been sent out to most of the
put the country are
the general election
for
Voters
Issues
.
ated; F. S. Yantis & Co., Incorporated; Chace, Whiteside & Warren,
Inc.; Mahan, Dittmar & Company;
Nashville Securities Company;
Debt Reorganization Plan Pre¬
pared—It is reported that an out¬
line of a plan of reorganization
and to administration,, was placed under
the supervision of a committee by
numbers. Bids
shall be condi¬ an Order of the Ontario Municipal
tioned upon the unqualified opin-, Board dated June 15, 1933 and
ion of purchaser's attorneys ap¬ was subsequentlyplaced under
proving the legality of the bonds. supervision of the Department of
The cost of legal opinion shall be Municipal Affairs.1
'
'
Information regarding the plan
paid by the purchaser and the
cost of the printing of the bonds may be obtained from the Com¬
will be paid by the Town.
The mittee's secretary, W. F. Mcllroy,
Town Council reserves the right 302 Bay Street, Toronto, Ont.
to reject all bids and that in case
of two or more equal bids, the
Bond
Major
.
Bioren &
Hawkcsbury, Ont.
.
540,000 San
3s and 3Vzs,
ontario
ment.
1,000,000 Weld Co., Colo., Hos¬
pital Building.
the Chemical Bank
group included $11,250,000 of the
998,000 Redwood
City,
Cal.,
Public Works,
Detroit, Mich,, Housing Authority,
due Nov. 27,1945 pf which $5,250,800,000 Whatcom Co., Wash.,
000 were purchased at 0.52% and
Court House, Jail and
$6,000,000 at 0.54%. The Chemical
5. site.;;; • y'-L;:.'";.
Bank
syndicate also purchased
720,000 Fostoria, Ohio, Varithe following issues:
Chester, Pa.,
k, Otis/;
$5,157,000, due Nov. 27," 1945,; at
710,000 Fair Lawn, N. J., Sew0.50%; Darlington County, N. CM
er.
1
$196,000, due Nov. 27, 1945, at
0.55; Fayette County, Pa., $2,068,595,000 Lima, Ohio, Sch. Dist.
000, due Nov: 27, 1945, at 0.50;
;!. Various.
'■
Newport News, Va., $1,751,000,
550,000 Baldwin Tp., Pa., Sch,
due Nov. 27, 1945, at 0.52, and Or¬
r-V;f.v Dist., Building.
'k:
lando, Fla., $378,000, due Nov. 6,
;
550,000 West Mifflin, Pa., Sch.
1945, at 0.54%.
Dist., School.
considerably larger than that Nov, 7, proposed bond issues
Incorporated; R. D. White & Com¬
ag¬
of
the preceding
year,,
which
pany; Dolphin & Co.; Magnus &
gregating more than $252,500,000.
amounted to only 2.4%, including
The following includes the bulk
"Company; Townsend, Dabney and
Nevertheless, the of
Tyson; McDonald-Moore & Co.; payroll taxes.
major bond proposals up for
rate of increase lags behind the
Crouse, Bennett, Smith & Co.;
ratification:
L
'L
•'
1,275,000 Laramie, Wyo., Water,
1,000,000 Port of Palm Beach
Dist., Fla., Improve¬
!
as
the: $3,187,040 of outstanding 4 Vz %
bonds maturing in 1962.
Purchases by
was
^"Walter, Woody and Heimerdinger;
"Robert Hawkins & Co., Incorpor¬
has under consideration
plan to- refund,
a
rious.
Considered—
Refunding
The city
1,600,000 DeKalb Co., Ga., Va¬
Trust
,,
,
Bond
rious.
Company and associates purchased
$20,800,000 of the amount offered,
the remainder being distributed
among other firms.
,
-
alberta;
Calgary, Alta.
1,700,000 Lorain Co., Ohio, Va¬
•
a
__
1,800,000 Rochester, Minn., Sch.
Dist.r Building.
local public
and the Capital National Bank,
■■
City engineers and consulting Austin, '
engineers estimate that $5,000,000
Weslaco, Texas
of the proceeds will be used for
Bonds Voted—At a recent elec¬
additional Water wells, reservoirs,
tion the voters are said to have
pumping station and equipment,
and mains, that will make avail¬ approved by a wide margin the
issuance of
$101,000 water and
able to Houston on May 1, 1945,
sewer system bonds,
'■ ■ ;
an
additional
18,000,000 gallons
of water per day.
They also es¬
united states
timate that $5,000,000 will.be used
for building a dam across the Sari
United States
Jacinto River to impound a min¬
State Tax Collections Rise De¬
imum water supply of 100,000,000 spite Wartime Restrictions-X-Sfate
gallons per day, and that $3,000,- collections have risen despite warD00 will be used to construct a time
restrictions, the states colSalomon
Brothers
&
Hutzler
Filter plant and transmission maim
lecting about $5,400,000,000 in tax and associates purchased the foL
The other $1,000,000, it is estimat¬ revenues during, fiscal 1944, This
lowing botes: Clackamas County,
ed, will be used to purchase a amount; which includes payroll
Ore., $606,000, due Feb. 26, 1946,
war industries
project, including I taxes, represents ah increase of
at 0.52%; Detroit, Mich., $1,000,^..temporary pumping station and .5.8% over 1943. and 38.7% over
000;.due. Nov.. 27, 1945,- at 0.52%;
canals.
1939.--^/:]"r
Fayetteville, ;.N.. C.:, $369,000, due
;
The bonds will constitute, in the
Considering the. period from Feb.
26,1946, at.0.56; Kern County,
opinion of counsel, valid and le^ 1937 to 1944, total tax collections Calif., $430,000, due Nov. 27, 1945,
gaily binding obligations of the increased approximately 60%; ac- at 0.54; Little
Rock, Ark., $980,cording to an analysis by the Fed¬
City, payable solely from.net rev
000, due Feb. 5, 1946, at 0.52; Mad¬
eration of Tax Administrators of
enues derived from the operation
ison
County, ; 111,,;: $571,000, due
-Of the waterworks plant and sys¬ figures prepared by the'Bureau of
Nov, 27, 1945, at 0.50; Memphis,
Revenue from cor¬
tem and extensions, after operat¬ the Census.
Terin,; $1,000,000, due Nov. 27,
porate and individual income taxes
ing and maintenance expenses.
1945, at 0.50; Richmond, Calif,,
as
well as from unemployment
Associated with Halsey, Stuart
$638,000; due Feb. 26; 1946 at 0.52;
'& Co
Inc
in the offeringare', compensation taxes-^-the latter in Washington County, Pa., $800,000,
Lehman Brothers, Phelps, Fenn & part ^ to imposition of the tax due Feb. 5, 1946, at 0.52, and Win¬
Co •
Blair
&
Co
Tne •
Kidder
111
12 states in 1937—increased nebago County, 111., $841,000, due
Peabody & Co.; Dick & Merle- most. Among excise taxes, steep- Feb, 5, 1946, at 0.52%,
Smith; Stone & Webster andBlod-lest rise was in tobacco tax collecHarriman Ripley & Co.," Inc.,
get, Incorporated; Salomon Bros.1 tions, also due in part toSegisla- purchased
$458,000 of the Mem¬
& Hutzler; Paine, Webber, Jack-• tive changes.
Motor fuel, prop- phis, Tenn., housing notes at
son & Curtis; Estabrook & Co.; ,e.
erty and estate taxes are the only u.49%, and $410,uou ox Rock island
H. Rollins & Sons, Incorporated;: groups: yielding less in 1944 than
County, ill., notes due Nov. 6,1945,
Hemphill, Noyes & Co.; Eastman, in *
v
at 0.49%.
Excluding payroll taxes, collec¬
Dillon & Co.; Otis & Co., Incor¬
The Bessemer Trust Company
tions in 1944 totaled $4,100,000,porated; First of Michigan Corpo¬
of Jersey City bought $880,000 of
000, the in c re a s e o v e r 19 43
ration; Braun, Bosworth & Co.,
Corpus Christi, Tex., notes, due
Incorporate d; Merrill Lynch, amounting to 3.7%.•. The increase
of 1944 over 1943 was considerably Nov. 27, 1945, at 0.52%.
Pierce, Fenner & Beane; Geo. B.
.
struction.
a
authorities sold on Oct.
31, $29,828,000 of short-term obli¬
gations, all dated Nov. 21, 1944.
$58,000 5% Semi-annual re¬
funding of 1937 bonds are being
called for payment as of Nov, 2,
Co.
total
2,000,000 Pierce Co., Wash., Tacoma Sch. Dist., Con¬
On the other
a
have
housing
to legality by W.
October
&
than 10%,
more
decline.
—
P. Dumas of Dallas.
be¬
1,
1960;
and without
premium thereafter. (Report of
the sale of the bonds to Halsey,
reported to have registered gains
of
hand, in more than
t
Mineral Wells, Texas
October
1, 1957; a premium
of 1% thereafter and on of before
$190,-
light system revenue
the
are
October
•
14 to vote on the issuance of
000
Monday,. November 6, 1944
was
sold
Haydon & Co,
2s, at 99.75
.
@FedFRASER